Location: Lake Oswego, OR
CIK: 0001591546 · Show all filings
Period: Q2 2026 (← Previous)
Filing Date: Aug 12, 2026
Total Value: $551M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| HURN | Huron Consulting Group | 16,329 | $1.472M | 0.3% | $90.16 | — | COM | 447462102 |
| GDYN | Grid Dynamis Hlds | 227,680 | $1.293M | 0.2% | $5.68 | — | COM | 39813G109 |
| PXED | Phoenix Education Partners | 25,067 | $823K | 0.1% | $32.85 | — | COM | 718968100 |
| NABL | N Able Inc | 213,722 | $784K | 0.1% | $3.67 | — | COM | 62878D100 |
| FCBM | First Carolina Financial Servi | 52,286 | $692K | 0.1% | $13.24 | — | COM | 31943F200 |
| ROCK | Gibraltar Industries | 12,896 | $582K | 0.1% | $45.10 | — | COM | 374689107 |
| ALIT | Alight Cls A | 561,644 | $315K | 0.1% | $0.56 | — | COM | 01626W200 |
| SMSI | Smith Micro Software | 104,145 | $279K | 0.1% | $2.68 | — | COM | 832154504 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| RPAY | Repay Holdings Cls A | 2,240,738 (+58.5%) | $9.411M (+156.1%) | 1.7% | $4.36 | — | COM | 76029L100 |
| HCKT | Hackett Group, Inc | 608,663 (+801.2%) | $6.555M (+646.0%) | 1.2% | $11.87 | — | COM | 404609109 |
| KELYA | Kelly Services Cls A | 763,886 (+39.6%) | $9.381M (+93.7%) | 1.7% | $11.24 | — | COM | 488152208 |
| PMTS | CPI Card Group | 507,681 (+8.9%) | $10.55M (+56.0%) | 1.9% | $21.25 | — | COM | 12634H200 |
| KE | Kimball Electronics | 439,224 (+36.2%) | $11.24M (+47.2%) | 2.0% | $22.91 | — | COM | 49428J109 |
| AII | American Integrity Insurance | 579,444 (+48.8%) | $10.91M (+45.3%) | 2.0% | $18.53 | — | COM | 026948109 |
| CBNK | Capital Bancorp | 286,371 (+23.8%) | $10.06M (+46.2%) | 1.8% | $20.39 | — | COM | 139737100 |
| RCMT | RCM Technologies | 305,070 (+6.8%) | $8.612M (+57.5%) | 1.6% | $21.58 | — | COM | 749360400 |
| LAKE | Lakeland Industries | 975,881 (+5.0%) | $10.43M (+37.1%) | 1.9% | $14.71 | — | COM | 511795106 |
| JILL | J. Jill Inc | 417,667 (+16.9%) | $6.628M (+61.8%) | 1.2% | $15.61 | — | COM | 46620W201 |
| RMNI | Rimini Street Inc. | 2,044,428 (+6.8%) | $8.709M (+38.8%) | 1.6% | $4.27 | — | COM | 76674Q107 |
| HRTG | Heritage Insurance Hlds Inc | 500,463 (+23.3%) | $13.05M (+22.5%) | 2.4% | $16.28 | — | COM | 42727J102 |
| RGP | Resources Connection | 454,533 (+768.6%) | $1.932M (+889.7%) | 0.4% | $5.54 | — | COM | 76122Q105 |
| PARK | Park Dental | 172,748 (+27.5%) | $3.723M (+63.7%) | 0.7% | $15.40 | — | COM | 700402100 |
| AVNW | Aviat Networks Inc | 441,141 (+15.1%) | $9.793M (+13.0%) | 1.8% | $21.33 | — | COM | 05366Y201 |
| BWMN | Bowman Consulting Grp | 276,963 (+12.8%) | $8.087M (+15.8%) | 1.5% | $17.15 | — | COM | 103002101 |
| SUNS | Sunrise Realty Trust | 529,714 (+31.4%) | $4.185M (+35.4%) | 0.8% | $9.78 | — | COM | 867981102 |
| CRAI | Cra Intl Inc | 9,862 (+292.6%) | $1.403M (+245.1%) | 0.3% | $154.28 | — | COM | 12618T105 |
| WNC | Wabash National Corp. | 138,996 (+23.9%) | $1.876M (+94.0%) | 0.3% | $12.47 | — | COM | 929566107 |
| SHIM | Shimmick | 542,440 (+23.3%) | $2.479M (+53.6%) | 0.4% | $5.24 | — | COM | 82455M109 |
| PLUS | EPlus Inc | 17,525 (+68.6%) | $1.459M (+86.4%) | 0.3% | $61.79 | — | COM | 294268107 |
| SCVL | Shoe Station Group | 368,360 (+19.0%) | $5.463M (+13.2%) | 1.0% | $18.30 | — | COM | 824889109 |
| BBW | Build A Bear Workshop | 284,811 (+31.9%) | $8.718M (+7.8%) | 1.6% | $25.14 | — | COM | 120076104 |
| NCMI | National Cinemedia | 284,148 (+80.5%) | $1.08M (+124.9%) | 0.2% | $4.36 | — | COM | 635309206 |
| TLYS | Tilly's Inc Cls A | 803,638 (+15.9%) | $3.375M (+20.2%) | 0.6% | $5.78 | — | COM | 886885102 |
| OSPN | OneSpan Inc | 90,142 (+26.2%) | $1.294M (+72.0%) | 0.2% | $13.10 | — | COM | 68287N100 |
| CMCO | Columbus McKinnon Corp | 52,197 (+160.4%) | $790K (+171.2%) | 0.1% | $19.09 | — | COM | 199333105 |
| UEIC | Universal Electronics Inc | 399,404 (+13.8%) | $1.905M (+31.8%) | 0.3% | $18.13 | — | COM | 913483103 |
| AEBI | Aebi Schmidt Holding AG | 94,936 (+17.6%) | $1.191M (+52.0%) | 0.2% | $11.59 | — | COM | H00501108 |
| MNRO | Monro Muffler Brake Inc | 51,883 (+63.5%) | $888K (+74.4%) | 0.2% | $19.48 | — | COM | 610236101 |
| JBI | Janus International group | 118,642 (+109.0%) | $658K (+125.3%) | 0.1% | $6.25 | — | COM | 47103N106 |
| BBSI | Barrett Business Services Inc | 41,121 (+6.9%) | $1.461M (+30.2%) | 0.3% | $28.56 | — | COM | 068463108 |
| GBFH | Gbank Financial Holdings | 46,602 (+15.9%) | $1.413M (+31.3%) | 0.3% | $35.46 | — | COM | 36166F100 |
| CCB | Coastal Financial | 24,221 (+18.7%) | $1.877M (+20.9%) | 0.3% | $68.38 | — | COM | 19046P209 |
| JCAP | Jefferson Capital | 44,395 (+54.4%) | $864K (+56.3%) | 0.2% | $20.95 | — | COM | 47248R103 |
| BHRB | Burke Herbert Financial Servic | 9,203 (+62.9%) | $661K (+87.9%) | 0.1% | $67.91 | — | COM | 12135Y108 |
| SAMG | Silvercrest Asset Mgmnt Cls A | 245,859 (+19.0%) | $2.486M (-10.5%) | 0.5% | $12.66 | — | COM | 828359109 |
| ACIC | American Coastal Insurance | 74,483 (+31.8%) | $827K (+30.0%) | 0.2% | $11.13 | — | COM | 910710102 |
| HY | Hyster-Yale Cls A | 31,218 (+12.1%) | $1.095M (+20.9%) | 0.2% | $35.12 | — | COM | 449172105 |
| EPAC | Enerpac Tool Group | 12,779 (+53.5%) | $458K (+51.0%) | 0.1% | $28.75 | — | COM | 292765104 |
| RBBN | Ribbon Communications Inc | 286,213 (+16.3%) | $670K (+28.3%) | 0.1% | $4.70 | — | COM | 762544104 |
| HDSN | Hudson Technologies | 174,539 (+18.8%) | $1.002M (+16.0%) | 0.2% | $9.23 | — | COM | 444144109 |
| GCT | GigaCloud Tech Cls A | 26,219 (+23.3%) | $829K (-14.2%) | 0.2% | $24.26 | — | COM | G38644103 |
| DBI | Designer Brands | 180,979 (+12.1%) | $1.055M (+14.8%) | 0.2% | $7.67 | — | COM | 250565108 |
| CLB | Core Laboratories | 55,418 (+24.7%) | $646K (-13.5%) | 0.1% | $11.81 | — | COM | 21867A105 |
| PLAB | Photronics Inc | 63,210 (+22.4%) | $2.056M (-1.5%) | 0.4% | $19.02 | — | COM | 719405102 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| NWPX | NWPX Infrastructure | 110,144 | $8.576M | 1.6% | $23.39 | — | — | 667746101 |
| ASYS | Amtech Systems | 405,371 | $4.735M | 0.9% | $7.34 | — | — | 032332504 |
| SNBR | Sleep Number Corp | 1,767,445 | $3.173M | 0.6% | $10.25 | — | — | 83125X103 |
| COHU | Cohu Inc | 45,990 | $1.408M | 0.3% | $22.37 | — | — | 192576106 |
| PENG | Penguin Solutions | 66,272 | $1.166M | 0.2% | $21.27 | — | — | 706915105 |
| GNL | Global Net Lease REIT | 78,171 | $732K | 0.1% | $9.56 | — | — | 379378201 |
| EPC | Edgewell Personal Care | 28,682 | $612K | 0.1% | $32.86 | — | — | 28035Q102 |
| UCTT | Ultra Clean Holdings | 9,172 | $570K | 0.1% | $25.08 | — | — | 90385V107 |
| SMSI | Smith Micro Software | 519,799 | $374K | 0.1% | $2.60 | — | — | 832154405 |
| TBI | TrueBlue Inc | 74,470 | $291K | 0.1% | $13.23 | — | — | 89785X101 |
| ALIT | Alight Cls A | 335,781 | $196K | 0.0% | $2.13 | — | — | 01626W101 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| MCB | Metropolitan Bank Hld | 67,775 (-50.4%) | $6.693M (-41.2%) | 1.2% | $43.72 | — | COM | 591774104 |
| INTT | InTest Corp | 248,275 (-50.6%) | $4.511M (-34.2%) | 0.8% | $9.58 | — | COM | 461147100 |
| DHX | DHI Group | 3,228,701 (-11.0%) | $11.98M (+17.5%) | 2.2% | $2.30 | — | COM | 23331S100 |
| APEI | American Public Education | 144,579 (-13.8%) | $7.764M (-18.6%) | 1.4% | $21.07 | — | COM | 02913V103 |
| FSBC | Five Star Bancorp | 172,850 (-2.2%) | $8.416M (+26.2%) | 1.5% | $22.37 | — | COM | 33830T103 |
| NBN | Northeast Bank | 119,173 (-6.6%) | $15.79M (+10.2%) | 2.9% | $27.66 | — | COM | 66405S100 |
| HELE | Helen of Troy Corp | 56,727 (-1.1%) | $1.649M (+99.3%) | 0.3% | $32.15 | — | COM | G4388N106 |
| PLOW | Douglas Dynamics Inc | 31,437 (-1.1%) | $1.696M (+26.7%) | 0.3% | $24.60 | — | COM | 25960R105 |
| DXPE | DXP Enterprises, Inc | 11,619 (-1.1%) | $1.961M (+19.4%) | 0.4% | $32.23 | — | COM | 233377407 |
| CNOB | ConnectOne Bancorp | 48,922 (-1.1%) | $1.636M (+23.5%) | 0.3% | $17.33 | — | COM | 20786W107 |
| PRDO | Perdoceo Education Corp. | 54,217 (-1.1%) | $1.735M (-15.0%) | 0.3% | $16.90 | — | COM | 71363P106 |
| ACCO | ACCO Brands | 248,314 (-1.1%) | $1.033M (+37.1%) | 0.2% | $5.43 | — | COM | 00081T108 |
| BHE | Benchmark Electronics, Inc | 6,765 (-59.7%) | $668K (-29.0%) | 0.1% | $23.37 | — | COM | 08160H101 |
| HBCP | Home Bancorp, Inc | 47,786 (-4.0%) | $3.274M (+8.6%) | 0.6% | $43.30 | — | COM | 43689E107 |
| STGW | Stagwell Inc | 240,354 (-1.1%) | $1.786M (+16.8%) | 0.3% | $6.62 | — | COM | 85256A109 |
| THFF | First Financial Corp | 18,604 (-1.1%) | $1.441M (+21.2%) | 0.3% | $32.66 | — | COM | 320218100 |
| KOP | Koppers Holdings | 42,995 (-1.1%) | $1.93M (+14.8%) | 0.4% | $30.40 | — | COM | 50060P106 |
| BLMN | Bloomin Brands | 66,045 (-1.1%) | $604K (+67.3%) | 0.1% | $14.38 | — | COM | 094235108 |
| ULH | Universal Logistics | 33,770 (-1.1%) | $500K (-30.8%) | 0.1% | $20.46 | — | COM | 91388P105 |
| BOOM | DMC Global Inc | 758,983 (-5.7%) | $4.41M (+5.2%) | 0.8% | $16.64 | — | COM | 23291C103 |
| CRI | Carters | 42,813 (-1.1%) | $1.762M (+13.8%) | 0.3% | $33.46 | — | COM | 146229109 |
| HTLD | Heartland Express | 40,475 (-1.1%) | $616K (+44.7%) | 0.1% | $8.46 | — | COM | 422347104 |
| MBIN | Merchants Bancorp | 28,425 (-1.1%) | $1.421M (+15.2%) | 0.3% | $34.39 | — | COM | 58844R108 |
| BFST | Business First Bancshares Inc | 46,854 (-1.1%) | $1.44M (+12.4%) | 0.3% | $17.17 | — | COM | 12326C105 |
| CAL | Caleres Inc | 92,712 (-1.1%) | $1.147M (+16.0%) | 0.2% | $16.84 | — | COM | 129500104 |
| CNXN | PC Connection | 9,716 (-1.1%) | $709K (+23.5%) | 0.1% | $24.98 | — | COM | 69318J100 |
| QCRH | QCR Holdings Inc | 12,290 (-1.1%) | $1.196M (+12.6%) | 0.2% | $52.16 | — | COM | 74727A104 |
| BCAL | California Bancorp | 42,263 (-1.1%) | $881K (+16.3%) | 0.2% | $14.48 | — | COM | 84252A106 |
| HFWA | Heritage Financial | 34,627 (-1.1%) | $1.026M (+12.6%) | 0.2% | $17.84 | — | COM | 42722X106 |
| MTRX | Matrix Service Co | 53,779 (-1.1%) | $737K (+18.0%) | 0.1% | $15.31 | — | COM | 576853105 |
| BDN | Brandywine Realty Trust | 245,003 (-1.1%) | $777K (+15.6%) | 0.1% | $4.28 | — | COM | 105368203 |
| BANC | Banc of California Inc | 38,330 (-1.1%) | $783K (+14.9%) | 0.1% | $13.56 | — | COM | 05990K106 |
| ZUMZ | Zumiez Inc | 21,994 (-1.1%) | $391K (-20.6%) | 0.1% | $25.33 | — | COM | 989817101 |
| CUBI | Customers Bancorp | 10,834 (-1.1%) | $857K (+12.7%) | 0.2% | $29.48 | — | COM | 23204G100 |
| CRD/A | Crawford & Co Cls A | 63,283 (-1.1%) | $713K (+11.7%) | 0.1% | $10.68 | — | COM | 224633206 |
| NPKI | NPK International | 50,387 (-1.1%) | $802K (+8.6%) | 0.1% | $9.39 | — | COM | 651718504 |
| CASH | Pathward Financial Inc | 19,516 (-1.1%) | $1.699M (-3.5%) | 0.3% | $34.20 | — | COM | 59100U108 |
| SMP | Standard Motor | 14,631 (-1.1%) | $570K (+10.9%) | 0.1% | $39.85 | — | COM | 853666105 |
| PRAA | PRA Group | 43,516 (-1.1%) | $826K (+7.3%) | 0.1% | $25.88 | — | COM | 69354N106 |
| BWB | Bridgewater Bancshares | 59,005 (-18.1%) | $1.241M (-2.6%) | 0.2% | $11.83 | — | COM | 108621103 |
| EBF | Ennis Inc | 48,021 (-1.1%) | $1.02M (-1.9%) | 0.2% | $12.56 | — | COM | 293389102 |
| HCSG | Healthcare Services Group Inc | 74,094 (-25.0%) | $1.82M (-0.7%) | 0.3% | $21.17 | — | COM | 421906108 |
| DAKT | Daktronics, Inc | 46,287 (-1.1%) | $905K (-1.1%) | 0.2% | $8.46 | — | COM | 234264109 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| RRGB | Red Robin Gourmet Burgers | 1,779,173 | $14.22M | 2.6% | $6.42 | — | COM | 75689M101 |
| VBNK | Versabank | 585,516 | $13.59M | 2.5% | $12.69 | — | COM | 92512J106 |
| TWIN | Twin Disc Inc | 526,488 | $12.21M | 2.2% | $11.98 | — | COM | 901476101 |
| MPAA | MotorCar Parts of America Inc | 766,467 | $11.74M | 2.1% | $10.24 | — | COM | 620071100 |
| FORR | Forrester Research | 705,344 | $5.932M | 1.1% | $11.13 | — | COM | 346563109 |
| BWFG | Bankwell Financial Group | 166,709 | $9.794M | 1.8% | $25.45 | — | COM | 06654A103 |
| NGS | Natural Gas Services Group Inc | 303,023 | $13.07M | 2.4% | $13.20 | — | COM | 63886Q109 |
| HBNC | Horizon Bancorp | 425,352 | $8.499M | 1.5% | $13.63 | — | COM | 440407104 |
| JAKK | JAKKS Pacific Inc | 433,495 | $10.09M | 1.8% | $20.30 | — | COM | 47012E403 |
| HURC | Hurco Companies Inc | 169,747 | $3.886M | 0.7% | $26.44 | — | COM | 447324104 |
| CBK | Commercial Banc Group | 223,763 | $7.225M | 1.3% | $25.00 | — | COM | 20112C106 |
| LCUT | Lifetime Brands Inc | 491,911 | $4.196M | 0.8% | $9.11 | — | COM | 53222Q103 |
| HBB | Hamilton Beach Brands Hld | 341,468 | $7.864M | 1.4% | $16.12 | — | COM | 40701T104 |
| PKBK | Parke Bancorp | 291,183 | $9.656M | 1.8% | $14.73 | — | COM | 700885106 |
| FBIZ | First Business Financial Servi | 139,808 | $8.832M | 1.6% | $22.01 | — | COM | 319390100 |
| PAMT | PAMT Corp | 193,151 | $2.706M | 0.5% | $17.89 | — | COM | 693149106 |
| MCS | Marcus Corp | 166,613 | $3.909M | 0.7% | $14.87 | — | COM | 566330106 |
| UNTY | Unity Bancorp | 157,618 | $9.251M | 1.7% | $23.24 | — | COM | 913290102 |
| FSBW | FS Bancorp | 206,499 | $8.962M | 1.6% | $24.68 | — | COM | 30263Y104 |
| NNBR | NN Inc | 410,352 | $1.473M | 0.3% | $9.94 | — | COM | 629337106 |
| SRTS | Sensus Healthcare | 789,675 | $2.385M | 0.4% | $4.58 | — | COM | 81728J109 |
| MG | Mistras Group Inc | 282,880 | $4.942M | 0.9% | $10.27 | — | COM | 60649T107 |
| MLR | Miller Industries Inc | 135,738 | $6.943M | 1.3% | $34.08 | — | COM | 600551204 |
| PINE | Alpine Income Property Trust | 264,271 | $5.486M | 1.0% | $17.43 | — | COM | 02083X103 |
| ORRF | Orrstown Financial Services | 146,302 | $5.974M | 1.1% | $21.91 | — | COM | 687380105 |
| USCB | USCB Financial Hlds | 339,688 | $6.95M | 1.3% | $12.88 | — | COM | 90355N101 |
| CMTL | Comtech Telecom Corp | 460,052 | $966K | 0.2% | $12.45 | — | COM | 205826209 |
| XRN | Chiron Real Estate Inc | 130,529 | $4.897M | 0.9% | $33.70 | — | COM | 37954A303 |
| ASUR | Asure Software | 696,002 | $5.526M | 1.0% | $8.95 | — | COM | 04649U102 |
| BGSF | BGSF Inc | 381,083 | $2.176M | 0.4% | $6.58 | — | COM | 05601C105 |
| GNSS | Genasys | 1,440,921 | $2.45M | 0.4% | $2.56 | — | COM | 36872P103 |
| ACTG | Acacia Research Corp | 810,962 | $3.779M | 0.7% | $5.04 | — | COM | 003881307 |
| CMT | Core Molding Technologies | 143,189 | $3.379M | 0.6% | $15.98 | — | COM | 218683100 |
| CPS | Cooper Standard Hlds | 130,423 | $3.528M | 0.6% | $21.42 | — | COM | 21676P103 |
| RVSB | Riverview Bancorp | 749,544 | $4.07M | 0.7% | $5.58 | — | COM | 769397100 |
| ALCO | Alico Inc | 283,139 | $11.71M | 2.1% | $27.75 | — | COM | 016230104 |
| CBAN | Colony Bankcorp | 319,367 | $6.416M | 1.2% | $12.57 | — | COM | 19623P101 |