KIRR MARBACH & CO LLC /IN/ Diversified Active

CIK: 0000764112 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 26, 2026

Total Value ($000): $523,160 (100.0% shares, 0.0% debt)

Holdings (58)

New Positions (3)

BSCU INVESCO EXCH TRD SLF IDX FD 2.1%

Value ($000) $11,058 Shares 653,537 Est. Cost $16.92 Unrealized —

BSCV INVESCO EXCH TRD SLF IDX FD 1.5%

Value ($000) $7,796 Shares 466,959 Est. Cost $16.70 Unrealized —

BJ BJS WHSL CLUB HLDGS INC 0.9%

Value ($000) $4,530 Shares 50,317 Est. Cost $91.80 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BSCU	INVESCO EXCH TRD SLF IDX FD	653,537	$11,058	2.1%	$16.92	—	INVSCO 30 CORP	46138J460
BSCV	INVESCO EXCH TRD SLF IDX FD	466,959	$7,796	1.5%	$16.70	—	BULETSHS 2031 CP	46138J429
BJ	BJS WHSL CLUB HLDGS INC	50,317	$4,530	0.9%	$91.80	0.0%	COM	05550J101

Increased Positions (14)

BSCT INVESCO EXCH TRD SLF IDX FD 2.3%

Value ($000) $12,293 (+53.4%) Shares 652,689 (+53.2%) Est. Cost $18.58 Unrealized —

MOG/A MOOG INC 1.6%

Value ($000) $8,387 (+35.4%) Shares 34,437 (+15.5%) Est. Cost $175.04 Unrealized +25.2%

BSCS INVESCO EXCH TRD SLF IDX FD 2.5%

Value ($000) $12,956 (+18.6%) Shares 628,956 (+18.5%) Est. Cost $20.30 Unrealized —

ICUI ICU MED INC 1.0%

Value ($000) $5,320 (+22.9%) Shares 37,290 (+3.3%) Est. Cost $173.38 Unrealized -22.7%

BSCR INVESCO EXCH TRD SLF IDX FD 2.8%

Value ($000) $14,904 (+6.6%) Shares 755,028 (+6.4%) Est. Cost $19.61 Unrealized —

LLY ELI LILLY & CO 0.4%

Value ($000) $2,276 (+44.3%) Shares 2,118 (+2.4%) Est. Cost $72.40 Unrealized +1219.8%

AMRZ AMRIZE LTD 0.9%

Value ($000) $4,855 (+16.1%) Shares 89,782 (+4.2%) Est. Cost $50.54 Unrealized +0.9%

BAM BROOKFIELD ASSET MANAGMT LTD 0.5%

Value ($000) $2,698 (+32.9%) Shares 51,496 (+44.5%) Est. Cost $35.97 Unrealized +48.6%

BSCQ INVESCO EXCH TRD SLF IDX FD 3.8%

Value ($000) $20,034 (+1.1%) Shares 1,023,455 (+1.0%) Est. Cost $19.35 Unrealized —

SKWD SKYWARD SPECIALTY INS GROUP 0.1%

Value ($000) $449 (+89.4%) Shares 8,786 (+76.2%) Est. Cost $48.35 Unrealized -0.6%

VLTO VERALTO CORP 1.6%

Value ($000) $8,395 (-2.0%) Shares 84,028 (+4.7%) Est. Cost $74.99 Unrealized +34.7%

GXO GXO LOGISTICS INCORPORATED 1.7%

Value ($000) $8,645 (+1.3%) Shares 164,224 (+1.8%) Est. Cost $67.03 Unrealized -21.6%

ATEX ANTERIX INC 0.4%

Value ($000) $2,192 (+5.4%) Shares 100,418 (+3.7%) Est. Cost $45.00 Unrealized -53.9%

BN BROOKFIELD CORP 2.3%

Value ($000) $12,258 (-0.0%) Shares 267,120 (+49.4%) Est. Cost $29.77 Unrealized +53.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BSCT	INVESCO EXCH TRD SLF IDX FD	652,689 (+53.2%)	$12,293 (+53.4%)	2.3%	$18.58	—	BULETSHS 2029	46138J577
MOG/A	MOOG INC	34,437 (+15.5%)	$8,387 (+35.4%)	1.6%	$175.04	+25.2%	CL A	615394202
BSCS	INVESCO EXCH TRD SLF IDX FD	628,956 (+18.5%)	$12,956 (+18.6%)	2.5%	$20.30	—	INVSCO BLSH 28	46138J643
ICUI	ICU MED INC	37,290 (+3.3%)	$5,320 (+22.9%)	1.0%	$173.38	-22.7%	COM	44930G107
BSCR	INVESCO EXCH TRD SLF IDX FD	755,028 (+6.4%)	$14,904 (+6.6%)	2.8%	$19.61	—	BULSHS 2027 CB	46138J783
LLY	ELI LILLY & CO	2,118 (+2.4%)	$2,276 (+44.3%)	0.4%	$72.40	+1219.8%	COM	532457108
AMRZ	AMRIZE LTD	89,782 (+4.2%)	$4,855 (+16.1%)	0.9%	$50.54	+0.9%	SHS	H2927K103
BAM	BROOKFIELD ASSET MANAGMT LTD	51,496 (+44.5%)	$2,698 (+32.9%)	0.5%	$35.97	+48.6%	CL A LMT VTG SHS	113004105
BSCQ	INVESCO EXCH TRD SLF IDX FD	1,023,455 (+1.0%)	$20,034 (+1.1%)	3.8%	$19.35	—	BULSHS 2026 CB	46138J791
SKWD	SKYWARD SPECIALTY INS GROUP	8,786 (+76.2%)	$449 (+89.4%)	0.1%	$48.35	-0.6%	COM	830940102
VLTO	VERALTO CORP	84,028 (+4.7%)	$8,395 (-2.0%)	1.6%	$74.99	+34.7%	COM SHS	92338C103
GXO	GXO LOGISTICS INCORPORATED	164,224 (+1.8%)	$8,645 (+1.3%)	1.7%	$67.03	-21.6%	COMMON STOCK	36262G101
ATEX	ANTERIX INC	100,418 (+3.7%)	$2,192 (+5.4%)	0.4%	$45.00	-53.9%	COM	03676C100
BN	BROOKFIELD CORP	267,120 (+49.4%)	$12,258 (-0.0%)	2.3%	$29.77	+53.0%	CL A LTD VT SH	11271J107

Exited Positions (2)

— INVESCO EXCH TRD SLF IDX FD 3.8%

Value ($000) $20,134 Shares 973,104 Est. Cost $20.52 Unrealized —

ALIT ALIGHT INC 0.5%

Value ($000) $2,509 Shares 769,672 Est. Cost $8.45 Unrealized -70.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	INVESCO EXCH TRD SLF IDX FD	973,104	$20,134	3.8%	$20.52	—	—	46138J825
ALIT	ALIGHT INC	769,672	$2,509	0.5%	$8.45	-70.9%	—	01626W101

Decreased Positions (12)

AVGO BROADCOM INC 6.3%

Value ($000) $32,798 (-31.6%) Shares 94,765 (-34.8%) Est. Cost $144.31 Unrealized +147.4%

GOOGL ALPHABET INC 5.4%

Value ($000) $28,214 (+27.4%) Shares 90,142 (-1.1%) Est. Cost $107.91 Unrealized +164.7%

EME EMCOR GROUP INC 7.1%

Value ($000) $36,901 (-6.8%) Shares 60,317 (-1.0%) Est. Cost $36.90 Unrealized +1654.9%

CIGI COLLIERS INTL GROUP INC 3.8%

Value ($000) $20,055 (-9.4%) Shares 136,348 (-3.8%) Est. Cost $39.23 Unrealized +282.6%

KMX CARMAX INC 0.8%

Value ($000) $4,315 (-30.2%) Shares 111,659 (-18.9%) Est. Cost $59.71 Unrealized -33.0%

PTON PELOTON INTERACTIVE INC 0.5%

Value ($000) $2,731 (-35.7%) Shares 443,356 (-6.1%) Est. Cost $6.50 Unrealized +8.4%

RXO RXO INC 0.4%

Value ($000) $2,173 (-25.3%) Shares 171,884 (-9.1%) Est. Cost $17.83 Unrealized -17.3%

CP CANADIAN PACIFIC KANSAS CITY 2.3%

Value ($000) $12,124 (-4.6%) Shares 164,292 (-3.4%) Est. Cost $77.51 Unrealized -5.0%

CROX CROCS INC 0.8%

Value ($000) $4,185 (-11.1%) Shares 48,931 (-13.1%) Est. Cost $118.99 Unrealized -29.7%

MTZ MASTEC INC 7.0%

Value ($000) $36,422 (+0.8%) Shares 167,556 (-1.3%) Est. Cost $29.82 Unrealized +603.8%

ET ENERGY TRANSFER L P 0.3%

Value ($000) $1,634 (-7.2%) Shares 99,078 (-3.4%) Est. Cost $14.03 Unrealized —

AEBI AEBI SCHMIDT HLDG AG 0.8%

Value ($000) $4,364 (+0.1%) Shares 344,961 (-1.4%) Est. Cost $11.40 Unrealized +4.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AVGO	BROADCOM INC	94,765 (-34.8%)	$32,798 (-31.6%)	6.3%	$144.31	+147.4%	COM	11135F101
GOOGL	ALPHABET INC	90,142 (-1.1%)	$28,214 (+27.4%)	5.4%	$107.91	+164.7%	CAP STK CL A	02079K305
EME	EMCOR GROUP INC	60,317 (-1.0%)	$36,901 (-6.8%)	7.1%	$36.90	+1654.9%	COM	29084Q100
CIGI	COLLIERS INTL GROUP INC	136,348 (-3.8%)	$20,055 (-9.4%)	3.8%	$39.23	+282.6%	SUB VTG SHS	194693107
KMX	CARMAX INC	111,659 (-18.9%)	$4,315 (-30.2%)	0.8%	$59.71	-33.0%	COM	143130102
PTON	PELOTON INTERACTIVE INC	443,356 (-6.1%)	$2,731 (-35.7%)	0.5%	$6.50	+8.4%	CL A COM	70614W100
RXO	RXO INC	171,884 (-9.1%)	$2,173 (-25.3%)	0.4%	$17.83	-17.3%	COMMON STOCK	74982T103
CP	CANADIAN PACIFIC KANSAS CITY	164,292 (-3.4%)	$12,124 (-4.6%)	2.3%	$77.51	-5.0%	COM	13646K108
CROX	CROCS INC	48,931 (-13.1%)	$4,185 (-11.1%)	0.8%	$118.99	-29.7%	COM	227046109
MTZ	MASTEC INC	167,556 (-1.3%)	$36,422 (+0.8%)	7.0%	$29.82	+603.8%	COM	576323109
ET	ENERGY TRANSFER L P	99,078 (-3.4%)	$1,634 (-7.2%)	0.3%	$14.03	—	COM UT LTD PTN	29273V100
AEBI	AEBI SCHMIDT HLDG AG	344,961 (-1.4%)	$4,364 (+0.1%)	0.8%	$11.40	+4.4%	COM	H00501108

Unchanged Positions (29)

LRN STRIDE INC 1.3%

Value ($000) $6,619 Shares 101,945 Est. Cost $32.30 Unrealized +181.1%

AZO AUTOZONE INC 5.0%

Value ($000) $26,372 Shares 7,776 Est. Cost $442.68 Unrealized +753.4%

VST VISTRA CORP 5.2%

Value ($000) $26,956 Shares 167,087 Est. Cost $14.20 Unrealized +1181.2%

DLTR DOLLAR TREE INC 2.5%

Value ($000) $12,901 Shares 104,876 Est. Cost $52.68 Unrealized +103.4%

CXT CRANE NXT CO 0.9%

Value ($000) $4,562 Shares 96,924 Est. Cost $58.93 Unrealized +0.1%

MKL MARKEL GROUP INC 3.3%

Value ($000) $17,440 Shares 8,113 Est. Cost $555.14 Unrealized +264.9%

VC VISTEON CORP 1.3%

Value ($000) $6,667 Shares 70,102 Est. Cost $60.57 Unrealized +74.6%

RSG REPUBLIC SVCS INC 3.6%

Value ($000) $18,685 Shares 88,168 Est. Cost $74.76 Unrealized +187.0%

GNRC GENERAC HLDGS INC 1.4%

Value ($000) $7,397 Shares 54,242 Est. Cost $123.25 Unrealized +30.9%

MPC MARATHON PETE CORP 1.6%

Value ($000) $8,112 Shares 49,880 Est. Cost $47.62 Unrealized +291.4%

LYV LIVE NATION ENTERTAINMENT IN 1.3%

Value ($000) $6,978 Shares 48,968 Est. Cost $136.77 Unrealized +5.1%

APG API GROUP CORP 2.0%

Value ($000) $10,457 Shares 273,313 Est. Cost $20.08 Unrealized +84.1%

XOM EXXON MOBIL CORP 1.6%

Value ($000) $8,355 Shares 69,428 Est. Cost $110.04 Unrealized +5.0%

SSNC SS&C TECHNOLOGIES HLDGS INC 3.1%

Value ($000) $16,377 Shares 187,339 Est. Cost $57.14 Unrealized +49.2%

CMI CUMMINS INC 0.1%

Value ($000) $758 Shares 1,485 Est. Cost $206.29 Unrealized +126.0%

HD HOME DEPOT INC 0.1%

Value ($000) $290 Shares 844 Est. Cost $199.72 Unrealized +82.5%

CAT CATERPILLAR INC 0.0%

Value ($000) $252 Shares 440 Est. Cost $425.39 Unrealized +30.6%

BCO BRINKS CO 2.1%

Value ($000) $11,074 Shares 94,872 Est. Cost $67.31 Unrealized +69.4%

AVNW AVIAT NETWORKS INC 0.1%

Value ($000) $398 Shares 18,600 Est. Cost $27.93 Unrealized -20.1%

AAPL APPLE INC 0.1%

Value ($000) $427 Shares 1,572 Est. Cost $183.18 Unrealized +46.5%

— TRI CONTL CORP 0.1%

Value ($000) $649 Shares 19,882 Est. Cost $27.42 Unrealized —

OFIX ORTHOFIX MED INC 0.1%

Value ($000) $598 Shares 39,462 Est. Cost $17.43 Unrealized -12.4%

DIS DISNEY WALT CO 0.7%

Value ($000) $3,876 Shares 33,965 Est. Cost $98.55 Unrealized +11.1%

MSFT MICROSOFT CORP 0.0%

Value ($000) $210 Shares 435 Est. Cost $432.38 Unrealized +15.8%

AMZN AMAZON COM INC 0.0%

Value ($000) $254 Shares 1,100 Est. Cost $183.70 Unrealized +24.5%

IVV ISHARES TR 0.1%

Value ($000) $448 Shares 654 Est. Cost $669.30 Unrealized —

QQQ INVESCO QQQ TR 0.1%

Value ($000) $461 Shares 750 Est. Cost $369.42 Unrealized —

ABBV ABBVIE INC 0.1%

Value ($000) $287 Shares 1,255 Est. Cost $162.65 Unrealized +39.9%

RSP INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $335 Shares 1,750 Est. Cost $151.63 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LRN	STRIDE INC	101,945	$6,619	1.3%	$32.30	+181.1%	COM	86333M108
AZO	AUTOZONE INC	7,776	$26,372	5.0%	$442.68	+753.4%	COM	053332102
VST	VISTRA CORP	167,087	$26,956	5.2%	$14.20	+1181.2%	COM	92840M102
DLTR	DOLLAR TREE INC	104,876	$12,901	2.5%	$52.68	+103.4%	COM	256746108
CXT	CRANE NXT CO	96,924	$4,562	0.9%	$58.93	+0.1%	COM	224441105
MKL	MARKEL GROUP INC	8,113	$17,440	3.3%	$555.14	+264.9%	COM	570535104
VC	VISTEON CORP	70,102	$6,667	1.3%	$60.57	+74.6%	COM NEW	92839U206
RSG	REPUBLIC SVCS INC	88,168	$18,685	3.6%	$74.76	+187.0%	COM	760759100
GNRC	GENERAC HLDGS INC	54,242	$7,397	1.4%	$123.25	+30.9%	COM	368736104
MPC	MARATHON PETE CORP	49,880	$8,112	1.6%	$47.62	+291.4%	COM	56585A102
LYV	LIVE NATION ENTERTAINMENT IN	48,968	$6,978	1.3%	$136.77	+5.1%	COM	538034109
APG	API GROUP CORP	273,313	$10,457	2.0%	$20.08	+84.1%	COM STK	00187Y100
XOM	EXXON MOBIL CORP	69,428	$8,355	1.6%	$110.04	+5.0%	COM	30231G102
SSNC	SS&C TECHNOLOGIES HLDGS INC	187,339	$16,377	3.1%	$57.14	+49.2%	COM	78467J100
CMI	CUMMINS INC	1,485	$758	0.1%	$206.29	+126.0%	COM	231021106
HD	HOME DEPOT INC	844	$290	0.1%	$199.72	+82.5%	COM	437076102
CAT	CATERPILLAR INC	440	$252	0.0%	$425.39	+30.6%	COM	149123101
BCO	BRINKS CO	94,872	$11,074	2.1%	$67.31	+69.4%	COM	109696104
AVNW	AVIAT NETWORKS INC	18,600	$398	0.1%	$27.93	-20.1%	COM NEW	05366Y201
AAPL	APPLE INC	1,572	$427	0.1%	$183.18	+46.5%	COM	037833100
—	TRI CONTL CORP	19,882	$649	0.1%	$27.42	—	COM	895436103
OFIX	ORTHOFIX MED INC	39,462	$598	0.1%	$17.43	-12.4%	COM	68752M108
DIS	DISNEY WALT CO	33,965	$3,876	0.7%	$98.55	+11.1%	COM	254687106
MSFT	MICROSOFT CORP	435	$210	0.0%	$432.38	+15.8%	COM	594918104
AMZN	AMAZON COM INC	1,100	$254	0.0%	$183.70	+24.5%	COM	023135106
IVV	ISHARES TR	654	$448	0.1%	$669.30	—	CORE S&P500 ETF	464287200
QQQ	INVESCO QQQ TR	750	$461	0.1%	$369.42	—	UNIT SER 1	46090E103
ABBV	ABBVIE INC	1,255	$287	0.1%	$162.65	+39.9%	COM	00287Y109
RSP	INVESCO EXCHANGE TRADED FD T	1,750	$335	0.1%	$151.63	—	S&P500 EQL WGT	46137V357