Location: Lake Oswego, OR
CIK: 0001591546 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 4, 2026
Total Value: $456M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| NBN | Northeast Bank | 127,330 | $13.23M | 2.9% | $27.66 | +237.3% | COM | 66405S100 |
| NGS | Natural Gas Services Group Inc | 345,662 | $11.63M | 2.6% | $13.20 | +125.1% | COM | 63886Q109 |
| HRTG | Heritage Insurance Hlds Inc | 371,953 | $10.88M | 2.4% | $12.91 | +109.4% | COM | 42727J102 |
| ALCO | Alico Inc | 284,470 | $10.35M | 2.3% | $27.75 | +25.3% | COM | 016230104 |
| BBW | Build A Bear Workshop | 165,719 | $10.15M | 2.2% | $12.54 | +332.7% | COM | 120076104 |
| MCB | Metropolitan Bank Hld | 131,418 | $10.04M | 2.2% | $41.88 | +76.3% | COM | 591774104 |
| SNBR | Sleep Number Corp | 1,145,612 | $9.692M | 2.1% | $10.49 | -39.7% | COM | 83125X103 |
| NWPX | NWPX Infrastructure | 150,123 | $9.381M | 2.1% | $23.39 | +146.5% | COM | 667746101 |
| KE | Kimball Electronics | 321,492 | $8.944M | 2.0% | $21.94 | +31.6% | COM | 49428J109 |
| TWIN | Twin Disc Inc | 527,838 | $8.804M | 1.9% | $11.98 | +28.8% | COM | 901476101 |
| VBNK | Versabank | 585,118 | $8.765M | 1.9% | $12.69 | — | COM | 92512J106 |
| MPAA | MotorCar Parts of America Inc | 692,502 | $8.545M | 1.9% | $10.03 | +43.6% | COM | 620071100 |
| FSBW | FS Bancorp | 207,465 | $8.541M | 1.9% | $24.68 | +61.1% | COM | 30263Y104 |
| BWMN | Bowman Consulting Grp | 244,772 | $8.082M | 1.8% | $15.61 | +142.8% | COM | 103002101 |
| AVNW | Aviat Networks Inc | 371,258 | $7.937M | 1.7% | $21.13 | +5.6% | COM | 05366Y201 |
| ASYS | Amtech Systems | 627,811 | $7.879M | 1.7% | $7.34 | +22.7% | COM | 032332504 |
| UNTY | Unity Bancorp | 149,667 | $7.741M | 1.7% | $21.37 | +132.6% | COM | 913290102 |
| BWFG | Bankwell Financial Group | 167,564 | $7.678M | 1.7% | $25.45 | +76.4% | COM | 06654A103 |
| FBIZ | First Business Financial Servi | 140,455 | $7.627M | 1.7% | $22.01 | +135.5% | COM | 319390100 |
| LINC | Lincoln Education Services | 303,558 | $7.331M | 1.6% | $10.23 | +113.0% | COM | 533535100 |
| PKBK | Parke Bancorp | 292,438 | $7.323M | 1.6% | $14.73 | +51.8% | COM | 700885106 |
| HBNC | Horizon Bancorp | 427,021 | $7.242M | 1.6% | $13.63 | +21.5% | COM | 440407104 |
| RMNI | Rimini Street Inc. | 1,857,512 | $7.207M | 1.6% | $4.29 | -3.4% | COM | 76674Q107 |
| FSBC | Five Star Bancorp | 195,563 | $6.997M | 1.5% | $22.37 | +53.7% | COM | 33830T103 |
| JAKK | JAKKS Pacific Inc | 406,289 | $6.858M | 1.5% | $20.41 | -15.9% | COM | 47012E403 |
| LAKE | Lakeland Industries | 772,015 | $6.825M | 1.5% | $16.03 | -12.4% | COM | 511795106 |
| CBAN | Colony Bankcorp | 380,092 | $6.773M | 1.5% | $12.57 | +33.7% | COM | 19623P101 |
| ASUR | Asure Software | 698,707 | $6.582M | 1.4% | $8.95 | -6.1% | COM | 04649U102 |
| PMTS | CPI Card Group | 442,464 | $6.495M | 1.4% | $21.73 | -30.6% | COM | 12634H200 |
| AII | American Integrity Insurance | 310,325 | $6.464M | 1.4% | $18.27 | +21.7% | COM | 026948109 |
| APEI | American Public Education | 167,275 | $6.323M | 1.4% | $21.07 | +69.9% | COM | 02913V103 |
| USCB | USCB Financial Hlds | 341,168 | $6.284M | 1.4% | $12.88 | +38.8% | COM | 90355N101 |
| RRGB | Red Robin Gourmet Burgers | 1,388,465 | $5.623M | 1.2% | $7.16 | -29.9% | COM | 75689M101 |
| HBB | Hamilton Beach Brands Hld | 340,471 | $5.601M | 1.2% | $16.09 | -6.2% | COM | 40701T104 |
| CBNK | Capital Bancorp | 194,408 | $5.476M | 1.2% | $14.34 | +99.1% | COM | 139737100 |
| DHX | DHI Group | 3,438,349 | $5.329M | 1.2% | $2.31 | -18.3% | COM | 23331S100 |
| RCMT | RCM Technologies | 258,231 | $5.28M | 1.2% | $21.29 | +0.8% | COM | 749360400 |
| ORRF | Orrstown Financial Services | 147,064 | $5.209M | 1.1% | $21.91 | +57.6% | COM | 687380105 |
| MLR | Miller Industries Inc | 135,254 | $5.054M | 1.1% | $33.99 | +14.1% | COM | 600551204 |
| CPS | Cooper Standard Hlds | 151,827 | $4.984M | 1.1% | $21.42 | +52.0% | COM | 21676P103 |
| FORR | Forrester Research | 588,888 | $4.782M | 1.0% | $11.92 | -34.1% | COM | 346563109 |
| HBCP | Home Bancorp, Inc | 81,215 | $4.694M | 1.0% | $43.30 | +27.7% | COM | 43689E107 |
| PINE | Alpine Income Property Trust | 264,148 | $4.417M | 1.0% | $17.43 | — | COM | 02083X103 |
| XRN | Global Medical REIT | 128,983 | $4.352M | 1.0% | $33.71 | — | COM | 37954A303 |
| BOOM | DMC Global Inc | 643,136 | $4.303M | 0.9% | $18.79 | -63.3% | COM | 23291C103 |
| RPAY | Repay Holdings Cls A | 1,089,241 | $3.976M | 0.9% | $4.77 | -16.0% | COM | 76029L100 |
| INTT | InTest Corp | 517,531 | $3.866M | 0.8% | $9.58 | -17.4% | COM | 461147100 |
| RVSB | Riverview Bancorp | 723,684 | $3.633M | 0.8% | $5.60 | -6.8% | COM | 769397100 |
| MG | Mistras Group Inc | 283,829 | $3.59M | 0.8% | $10.27 | +9.9% | COM | 60649T107 |
| CBK | Commercial Banc Group | 139,575 | $3.428M | 0.8% | $24.55 | 0.0% | COM | 20112C106 |
| SUNS | Sunrise Realty Trust | 352,092 | $3.32M | 0.7% | $10.77 | — | COM | 867981102 |
| SAMG | Silvercrest Asset Mgmnt Cls A | 205,877 | $3.127M | 0.7% | $13.14 | +10.4% | COM | 828359109 |
| OSS | One Stop Systems | 432,361 | $3.104M | 0.7% | $4.36 | +35.7% | COM | 68247W109 |
| ACTG | Acacia Research Corp | 810,324 | $3.031M | 0.7% | $5.04 | -28.8% | COM | 003881307 |
| CMT | Core Molding Technologies | 144,951 | $2.906M | 0.6% | $15.98 | +19.8% | COM | 218683100 |
| GNSS | Genasys | 1,327,187 | $2.847M | 0.6% | $2.61 | -14.2% | COM | 36872P103 |
| SRTS | Sensus Healthcare | 698,634 | $2.781M | 0.6% | $4.57 | -18.9% | COM | 81728J109 |
| MCS | Marcus Corp | 167,258 | $2.594M | 0.6% | $14.87 | 0.0% | COM | 566330106 |
| SCVL | Shoe Carnival Inc | 152,404 | $2.573M | 0.6% | $18.36 | 0.0% | COM | 824889109 |
| HURC | Hurco Companies Inc | 165,503 | $2.557M | 0.6% | $26.75 | -38.0% | COM | 447324104 |
| JILL | J. Jill Inc | 182,469 | $2.503M | 0.5% | $15.03 | 0.0% | COM | 46620W201 |
| CMTL | Comtech Telecom Corp | 459,095 | $2.429M | 0.5% | $12.52 | -73.9% | COM | 205826209 |
| PAMT | PAMT Corp | 193,880 | $2.342M | 0.5% | $17.89 | -40.8% | COM | 693149106 |
| PARK | Park Dental | 156,943 | $2.316M | 0.5% | $13.71 | 0.0% | COM | 700402100 |
| LCUT | Lifetime Brands Inc | 482,065 | $1.904M | 0.4% | $9.26 | -61.0% | COM | 53222Q103 |
| HCSG | Healthcare Services Group Inc | 98,763 | $1.888M | 0.4% | $21.17 | -15.0% | COM | 421906108 |
| CCB | Coastal Financial | 15,706 | $1.8M | 0.4% | $57.04 | +91.3% | COM | 19046P209 |
| PLAB | Photronics Inc | 55,305 | $1.77M | 0.4% | $16.00 | +61.3% | COM | 719405102 |
| BGSF | BGSF Inc | 356,475 | $1.65M | 0.4% | $6.65 | -38.9% | COM | 05601C105 |
| PRDO | Perdoceo Education Corp. | 50,370 | $1.477M | 0.3% | $15.58 | +102.0% | COM | 71363P106 |
| BANC | Banc of California Inc | 76,115 | $1.468M | 0.3% | $13.56 | +31.6% | COM | 05990K106 |
| CRI | Carters | 43,255 | $1.403M | 0.3% | $33.46 | -7.1% | COM | 146229109 |
| CASH | Pathward Financial Inc | 19,736 | $1.401M | 0.3% | $34.20 | +109.5% | COM | 59100U108 |
| BBSI | Barrett Business Services Inc | 38,447 | $1.392M | 0.3% | $28.08 | +36.1% | COM | 068463108 |
| TLYS | Tilly's Inc Cls A | 692,623 | $1.378M | 0.3% | $6.03 | -72.8% | COM | 886885102 |
| IWN | iShares Russell 2000 Value Ind | 7,251 | $1.314M | 0.3% | $181.21 | — | COM | 464287630 |
| CNOB | ConnectOne Bancorp | 49,465 | $1.297M | 0.3% | $17.33 | +44.6% | COM | 20786W107 |
| DXPE | DXP Enterprises, Inc | 11,747 | $1.29M | 0.3% | $32.23 | +238.0% | COM | 233377407 |
| STGW | Stagwell Inc | 262,584 | $1.284M | 0.3% | $6.62 | -21.4% | COM | 85256A109 |
| GPGI | Composecure | 66,176 | $1.276M | 0.3% | $6.60 | +202.4% | COM | 20459V105 |
| CUBI | Customers Bancorp | 17,343 | $1.268M | 0.3% | $29.48 | +132.7% | COM | 23204G100 |
| BWB | Bridgewater Bancshares | 72,003 | $1.262M | 0.3% | $11.83 | +46.7% | COM | 108621103 |
| SHIM | Shimmick | 430,031 | $1.256M | 0.3% | $5.43 | — | COM | 82455M109 |
| BFST | Business First Bancshares Inc | 47,374 | $1.238M | 0.3% | $17.17 | +46.1% | COM | 12326C105 |
| UEIC | Universal Electronics Inc | 339,097 | $1.224M | 0.3% | $20.53 | -82.3% | COM | 913483103 |
| DBI | Designer Brands | 161,465 | $1.2M | 0.3% | $7.89 | -39.4% | COM | 250565108 |
| PENG | Penguin Solutions | 60,830 | $1.19M | 0.3% | $21.43 | 0.0% | COM | 706915105 |
| QCRH | QCR Holdings Inc | 13,946 | $1.162M | 0.3% | $52.16 | +50.8% | COM | 74727A104 |
| THFF | First Financial Corp | 18,810 | $1.137M | 0.2% | $32.66 | +74.7% | COM | 320218100 |
| HELE | Helen of Troy Corp | 50,536 | $1.074M | 0.2% | $34.00 | -40.0% | COM | G4388N106 |
| KOP | Koppers Holdings | 39,568 | $1.072M | 0.2% | $30.35 | -8.0% | COM | 50060P106 |
| COHU | Cohu Inc | 45,981 | $1.07M | 0.2% | $22.37 | +2.5% | COM | 192576106 |
| HFWA | Heritage Financial | 43,925 | $1.039M | 0.2% | $17.84 | +32.0% | COM | 42722X106 |
| PLOW | Douglas Dynamics Inc | 31,787 | $1.038M | 0.2% | $24.60 | +28.6% | COM | 25960R105 |
| KELYA | Kelly Services Cls A | 117,467 | $1.034M | 0.2% | $14.12 | -28.4% | COM | 488152208 |
| HCKT | Hackett Group, Inc | 52,390 | $1.028M | 0.2% | $21.62 | -12.2% | COM | 404609109 |
| AEBI | Aebi Schmidt Holding AG | 80,698 | $1.021M | 0.2% | $11.42 | +4.2% | COM | H00501108 |
| WNC | Wabash National Corp. | 112,183 | $970K | 0.2% | $12.23 | -29.3% | COM | 929566107 |
| — | Abacus Global Management Inc | 112,505 | $962K | 0.2% | $6.08 | — | COM | 00258y104 |
| GBFH | Gbank Financial Holdings | 28,336 | $960K | 0.2% | $37.75 | -3.0% | COM | 36166F100 |
| ACCO | ACCO Brands | 251,123 | $937K | 0.2% | $5.43 | -32.6% | COM | 00081T108 |
| DAKT | Daktronics, Inc | 46,802 | $925K | 0.2% | $8.46 | +126.0% | COM | 234264109 |
| UCTT | Ultra Clean Holdings | 36,140 | $915K | 0.2% | $25.08 | +6.1% | COM | 90385V107 |
| PLUS | EPlus Inc | 10,395 | $912K | 0.2% | $47.09 | +75.2% | COM | 294268107 |
| CAL | Caleres Inc | 72,418 | $881K | 0.2% | $18.03 | -32.1% | COM | 129500104 |
| EBF | Ennis Inc | 48,569 | $875K | 0.2% | $12.56 | +36.6% | COM | 293389102 |
| GCT | GigaCloud Tech Cls A | 21,269 | $835K | 0.2% | $22.55 | +46.6% | COM | G38644103 |
| BHE | Benchmark Electronics, Inc | 19,246 | $823K | 0.2% | $23.37 | +84.7% | COM | 08160H101 |
| HDSN | Hudson Technologies | 118,406 | $811K | 0.2% | $10.52 | -25.1% | COM | 444144109 |
| BCAL | California Bancorp | 42,740 | $798K | 0.2% | $14.48 | +26.4% | COM | 84252A106 |
| MBIN | Merchants Bancorp | 21,936 | $747K | 0.2% | $32.68 | +0.3% | COM | 58844R108 |
| CLB | Core Laboratories | 44,423 | $712K | 0.2% | $11.85 | +25.5% | COM | 21867A105 |
| RBBN | Ribbon Communications Inc | 246,129 | $709K | 0.2% | $5.08 | -36.5% | COM | 762544104 |
| GNL | Global Net Lease REIT | 78,156 | $672K | 0.1% | $9.56 | — | COM | 379378201 |
| NPKI | NPK International | 50,947 | $607K | 0.1% | $9.39 | +29.9% | COM | 651718504 |
| HY | Hyster-Yale Cls A | 20,128 | $598K | 0.1% | $35.16 | -7.0% | COM | 449172105 |
| ZUMZ | Zumiez Inc | 22,237 | $579K | 0.1% | $25.33 | -5.2% | COM | 989817101 |
| CNXN | PC Connection | 9,824 | $567K | 0.1% | $24.98 | +137.4% | COM | 69318J100 |
| CRD/A | Crawford & Co Cls A | 49,870 | $561K | 0.1% | $10.65 | +3.3% | COM | 224633206 |
| SMP | Standard Motor | 14,794 | $545K | 0.1% | $39.85 | -3.7% | COM | 853666105 |
| BDN | Brandywine Realty Trust | 183,307 | $535K | 0.1% | $4.83 | — | COM | 105368203 |
| OSPN | OneSpan Inc | 40,928 | $526K | 0.1% | $13.49 | 0.0% | COM | 68287N100 |
| ICHR | Ichor Holdings | 28,494 | $525K | 0.1% | $27.47 | -32.5% | COM | G4740B105 |
| ULH | Universal Logistics | 34,152 | $519K | 0.1% | $20.46 | -17.8% | COM | 91388P105 |
| NNBR | NN Inc | 400,334 | $512K | 0.1% | $10.22 | -85.0% | COM | 629337106 |
| PRAA | PRA Group | 27,779 | $491K | 0.1% | $32.92 | -52.7% | COM | 69354N106 |
| EPC | Edgewell Personal Care | 28,676 | $489K | 0.1% | $32.86 | -44.1% | COM | 28035Q102 |
| NCMI | National Cinemedia | 124,626 | $485K | 0.1% | $5.12 | -19.0% | COM | 635309206 |
| IWC | iShares Russell Microcap Index | 2,850 | $449K | 0.1% | $157.70 | — | COM | 464288869 |
| ALIT | Alight Cls A | 226,203 | $441K | 0.1% | $2.46 | 0.0% | COM | 01626W101 |
| MTRX | Matrix Service Co | 37,305 | $436K | 0.1% | $16.59 | -24.2% | COM | 576853105 |
| BLMN | Bloomin Brands | 66,790 | $412K | 0.1% | $14.38 | -51.6% | COM | 094235108 |
| HTLD | Heartland Express | 40,933 | $370K | 0.1% | $8.46 | -1.6% | COM | 422347104 |
| CMCO | Columbus McKinnon Corp | 20,040 | $346K | 0.1% | $25.43 | -37.3% | COM | 199333105 |
| TBI | TrueBlue Inc | 74,456 | $339K | 0.1% | $13.23 | -61.2% | COM | 89785X101 |
| EPAC | Enerpac Tool Group | 8,322 | $318K | 0.1% | $24.95 | +58.7% | COM | 292765104 |
| SMSI | Smith Micro Software | 503,528 | $272K | 0.1% | $2.67 | -75.4% | COM | 832154405 |
| RGP | Resources Connection | 52,320 | $264K | 0.1% | $15.46 | -69.1% | COM | 76122Q105 |