Q4 2025 · 13F-HR
ADVISORY RESEARCH INCholdings as filed
Filed 2026-02-13 · accession 0000902584-26-000002
$795.7M
Reported value
143
Positions
2025-12-31
Period end
The Brief · ADVISORY RESEARCH INC · Q4 2025
AI · grounded in 13F
ADVISORY RESEARCH INC closed its position in VZ for a reduction of $8.1M. The fund established new positions in ACVA and UL, adding $8.7M and $6.3M respectively. Additionally, the fund increased its holdings in MYE by 84.5% and KDP by 55.9%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 896215209 | TRS | TRIMAS CORP | $38.9M | 4.88% | 1,096,013 | Common | SOLE |
| 48238T109 | OPLN | OPENLANE INC | $33.8M | 4.24% | 1,133,355 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $32.4M | 4.07% | 106,654 | Common | SOLE |
| 233912104 | DJCO | DAILY JOURNAL CORP | $32.0M | 4.02% | 65,564 | Common | SOLE |
| 876030107 | TPR | TAPESTRY INC | $29.6M | 3.72% | 231,408 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $28.6M | 3.60% | 178,542 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $28.5M | 3.59% | 82,424 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $28.4M | 3.57% | 90,667 | Common | SOLE |
| 628464109 | MYE | MYERS INDS INC | $24.4M | 3.07% | 1,302,928 | Common | SOLE |
| 92552R406 | PRSU | PURSUIT ATTRACTIONS AND HOSP | $23.4M | 2.94% | 694,821 | Common | SOLE |
| 077347300 | BELFB | BEL FUSE INC | $22.9M | 2.87% | 134,790 | Common | SOLE |
| 552848103 | MTG | MGIC INVT CORP WIS | $22.3M | 2.81% | 764,479 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $20.2M | 2.54% | 41,743 | Common | SOLE |
| 477839104 | JBTM | JBT MAREL CORPORATION | $19.6M | 2.47% | 130,399 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $17.0M | 2.14% | 62,402 | Common | SOLE |
| 71880K101 | PHIN | PHINIA INC | $16.9M | 2.12% | 269,625 | Common | SOLE |
| 49271V100 | KDP | KEURIG DR PEPPER INC | $16.5M | 2.07% | 589,003 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $16.2M | 2.03% | 70,693 | Common | SOLE |
| 37733W204 | GSK | GSK PLC | $15.9M | 2.00% | 323,838 | Common | SOLE |
| 025537101 | AEP | AMERICAN ELEC PWR CO INC | $15.7M | 1.98% | 136,315 | Common | SOLE |
| 52472M101 | LEGH | LEGACY HOUSING CORP | $14.3M | 1.79% | 730,944 | Common | SOLE |
| 71377A103 | PFGC | PERFORMANCE FOOD GROUP CO | $12.2M | 1.53% | 135,766 | Common | SOLE |
| 48241A105 | KB | KB FINL GROUP INC | $10.5M | 1.32% | 122,024 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $10.4M | 1.31% | 15,823 | Common | SOLE |
| 443510607 | HUBB | HUBBELL INC | $10.4M | 1.31% | 23,460 | Common | SOLE |
| 00091G104 | ACVA | ACV AUCTIONS INC | $8.8M | 1.10% | 1,092,747 | Common | SOLE |
| 29103W104 | EEX | EMERALD HOLDING INC | $8.0M | 1.01% | 1,789,157 | Common | SOLE |
| 43538H103 | HLLY | HOLLEY INC | $8.0M | 1.00% | 1,930,756 | Common | SOLE |
| 512816109 | LAMR | LAMAR ADVERTISING CO NEW | $7.6M | 0.96% | 60,425 | Common | SOLE |
| 46436E718 | SGOV | ISHARES TR | $7.2M | 0.91% | 72,188 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $7.1M | 0.89% | 31,948 | Common | SOLE |
| 110448107 | BTI | BRITISH AMERN TOB PLC | $6.7M | 0.84% | 117,802 | Common | SOLE |
| 904767803 | UL | UNILEVER PLC | $6.3M | 0.79% | 96,671 | Common | SOLE |
| 512807306 | LRCX | LAM RESEARCH CORP | $4.8M | 0.60% | 28,106 | Common | SOLE |
| 65406E102 | NIC | NICOLET BANKSHARES INC | $4.8M | 0.60% | 39,596 | Common | SOLE |
| 84472E102 | SSB | SOUTHSTATE BK CORP | $4.4M | 0.56% | 47,285 | Common | SOLE |
| 438128308 | HMC | HONDA MOTOR LTD | $4.2M | 0.53% | 142,234 | Common | SOLE |
| 92206C102 | VGSH | VANGUARD SCOTTSDALE FDS | $4.1M | 0.51% | 69,657 | Common | SOLE |
| 858119100 | STLD | STEEL DYNAMICS INC | $3.9M | 0.49% | 22,827 | Common | SOLE |
| Y1968P121 | DAC | DANAOS CORPORATION | $3.7M | 0.47% | 39,648 | Common | SOLE |
| 92206C870 | VCIT | VANGUARD SCOTTSDALE FDS | $3.7M | 0.47% | 44,466 | Common | SOLE |
| 60871R209 | TAP | MOLSON COORS BEVERAGE CO | $3.7M | 0.47% | 79,559 | Common | SOLE |
| 464288679 | SHV | ISHARES TR | $3.7M | 0.46% | 33,491 | Common | SOLE |
| 92203C303 | VUSB | VANGUARD BD INDEX FDS | $3.7M | 0.46% | 73,411 | Common | SOLE |
| 128030202 | CALM | CAL MAINE FOODS INC | $3.5M | 0.44% | 43,851 | Common | SOLE |
| 039653100 | ACA | ARCOSA INC | $3.4M | 0.42% | 31,774 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $3.3M | 0.42% | 9,727 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $3.2M | 0.40% | 11,792 | Common | SOLE |
| 92206C409 | VCSH | VANGUARD SCOTTSDALE FDS | $3.2M | 0.40% | 39,811 | Common | SOLE |
| 464288638 | IGIB | ISHARES TR | $3.1M | 0.39% | 57,761 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $3.1M | 0.39% | 9,499 | Common | SOLE |
| 01644J108 | ALKT | ALKAMI TECHNOLOGY INC | $3.0M | 0.38% | 129,656 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $3.0M | 0.37% | 15,512 | Common | SOLE |
| 749527107 | 1RG | REV GROUP INC | $2.9M | 0.36% | 47,204 | Common | SOLE |
| 947890109 | WBS | WEBSTER FINL CORP | $2.8M | 0.35% | 44,850 | Common | SOLE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $2.8M | 0.35% | 5,825 | Common | SOLE |
| 043436104 | ABG | ASBURY AUTOMOTIVE GROUP INC | $2.8M | 0.35% | 11,929 | Common | SOLE |
| 03990B101 | ARES | ARES MANAGEMENT CORPORATION | $2.8M | 0.35% | 17,110 | Common | SOLE |
| 26969P108 | EXP | EAGLE MATLS INC | $2.7M | 0.34% | 13,176 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $2.7M | 0.33% | 9,898 | Common | SOLE |
| 320817109 | FRME | FIRST MERCHANTS CORP | $2.6M | 0.32% | 68,439 | Common | SOLE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $2.6M | 0.32% | 11,658 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $2.5M | 0.32% | 12,913 | Common | SOLE |
| 05465C100 | AX | AXOS FINANCIAL INC | $2.5M | 0.31% | 28,999 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $2.5M | 0.31% | 3,947 | Common | SOLE |
| 29084Q100 | EME | EMCOR GROUP INC | $2.4M | 0.30% | 3,946 | Common | SOLE |
| 64110D104 | NTAP | NETAPP INC | $2.4M | 0.30% | 22,417 | Common | SOLE |
| 464288257 | ACWI | ISHARES TR | $2.3M | 0.29% | 16,180 | Common | SOLE |
| 957638109 | WAL | WESTERN ALLIANCE BANCORP | $2.3M | 0.28% | 26,805 | Common | SOLE |
| 26210V102 | DRVN | DRIVEN BRANDS HLDGS INC | $2.2M | 0.27% | 146,201 | Common | SOLE |
| 47233W109 | JEF | JEFFERIES FINL GROUP INC | $2.1M | 0.26% | 33,653 | Common | SOLE |
| 92047W101 | VVV | VALVOLINE INC | $2.1M | 0.26% | 71,152 | Common | SOLE |
| 464288646 | IGSB | ISHARES TR | $2.0M | 0.25% | 36,890 | Common | SOLE |
| 42226A107 | HQY | HEALTHEQUITY INC | $1.9M | 0.24% | 21,069 | Common | SOLE |
| 55380K109 | MPTI | M-TRON INDS INC | $1.9M | 0.24% | 35,599 | Common | SOLE |
| 29261A100 | EHC | ENCOMPASS HEALTH CORP | $1.8M | 0.23% | 17,086 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $1.8M | 0.23% | 5,580 | Common | SOLE |
| 629377508 | NRG | NRG ENERGY INC | $1.8M | 0.22% | 11,113 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $1.7M | 0.22% | 31,157 | Common | SOLE |
| 63947X101 | NCNO | NCINO INC | $1.7M | 0.21% | 65,965 | Common | SOLE |
| 91879Q109 | MTN | VAIL RESORTS INC | $1.7M | 0.21% | 12,705 | Common | SOLE |
| 464288588 | MBB | ISHARES TR | $1.7M | 0.21% | 17,518 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $1.6M | 0.20% | 3,193 | Common | SOLE |
| 302492103 | FLYW | FLYWIRE CORPORATION | $1.6M | 0.20% | 109,894 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $1.5M | 0.19% | 4,167 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $1.5M | 0.19% | 9,828 | Common | SOLE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $1.5M | 0.19% | 24,026 | Common | SOLE |
| 12514G108 | CDW | CDW CORP | $1.5M | 0.19% | 10,958 | Common | SOLE |
| 922908629 | VO | VANGUARD INDEX FDS | $1.4M | 0.18% | 4,966 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $1.4M | 0.18% | 6,107 | Common | SOLE |
| 78464A870 | XBI | SPDR SERIES TRUST | $1.4M | 0.17% | 11,269 | Common | SOLE |
| 91529Y106 | UNM | UNUM GROUP | $1.3M | 0.17% | 17,325 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $1.3M | 0.17% | 5,364 | Common | SOLE |
| 053332102 | AZO | AUTOZONE INC | $1.3M | 0.16% | 382 | Common | SOLE |
| 861025104 | SYBT | STOCK YDS BANCORP INC | $1.3M | 0.16% | 19,791 | Common | SOLE |
| 01973R101 | ALSN | ALLISON TRANSMISSION HLDGS I | $1.2M | 0.16% | 12,704 | Common | SOLE |
| 28618M106 | ESI | ELEMENT SOLUTIONS INC | $1.2M | 0.15% | 49,127 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $1.2M | 0.15% | 1,798 | Common | SOLE |
| 165303108 | CPK | CHESAPEAKE UTILS CORP | $1.2M | 0.15% | 9,728 | Common | SOLE |
| P73684113 | OSW | ONESPAWORLD HOLDINGS LIMITED | $1.2M | 0.15% | 58,171 | Common | SOLE |
| G6700G107 | NVT | NVENT ELECTRIC PLC | $1.2M | 0.15% | 11,763 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $1.2M | 0.15% | 7,781 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $1.2M | 0.15% | 3,820 | Common | SOLE |
| G491BT108 | IVZ | INVESCO LTD | $1.2M | 0.14% | 43,861 | Common | SOLE |
| G39108108 | GTES | GATES INDL CORP PLC | $1.1M | 0.14% | 51,984 | Common | SOLE |
| 00108J109 | ACMR | ACM RESH INC | $1.1M | 0.14% | 27,324 | Common | SOLE |
| 868459108 | SUPN | SUPERNUS PHARMACEUTICALS INC | $992,758 | 0.12% | 19,975 | Common | SOLE |
| 61225M102 | GLUE | MONTE ROSA THERAPEUTICS INC | $991,290 | 0.12% | 63,220 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABS | $969,745 | 0.12% | 7,740 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $968,395 | 0.12% | 10,345 | Common | SOLE |
| G3922B107 | G | GENPACT LIMITED | $967,036 | 0.12% | 20,672 | Common | SOLE |
| G3934V109 | GENI | GENIUS SPORTS LIMITED | $958,442 | 0.12% | 86,973 | Common | SOLE |
| 576485205 | MTDR | MATADOR RES CO | $952,396 | 0.12% | 22,441 | Common | SOLE |
| 966084204 | WSR | WHITESTONE REIT | $928,255 | 0.12% | 66,829 | Common | SOLE |
| 758750103 | RRX | REGAL REXNORD CORPORATION | $925,831 | 0.12% | 6,598 | Common | SOLE |
| 464287457 | SHY | ISHARES TR | $923,774 | 0.12% | 11,154 | Common | SOLE |
| 90278Q108 | UFPI | UFP INDUSTRIES INC | $916,236 | 0.12% | 10,063 | Common | SOLE |
| 703343103 | PATK | PATRICK INDS INC | $846,188 | 0.11% | 7,804 | Common | SOLE |
| 87162W100 | SNX | TD SYNNEX CORPORATION | $836,330 | 0.11% | 5,567 | Common | SOLE |
| 750940108 | RAL | RALLIANT CORP | $783,047 | 0.10% | 15,381 | Common | SOLE |
| 103304101 | BYD | BOYD GAMING CORP | $764,091 | 0.10% | 8,964 | Common | SOLE |
| 093671105 | HRB | BLOCK H & R INC | $763,783 | 0.10% | 17,526 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $740,107 | 0.09% | 2,242 | Common | SOLE |
| 888787108 | TOST | TOAST INC | $734,879 | 0.09% | 20,695 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE INC | $719,371 | 0.09% | 4,667 | Common | SOLE |
| 217204106 | CPRT | COPART INC | $706,109 | 0.09% | 18,036 | Common | SOLE |
| 453204109 | PI | IMPINJ INC | $673,941 | 0.08% | 3,873 | Common | SOLE |
| 07831C103 | BRBR | BELLRING BRANDS INC | $624,921 | 0.08% | 23,379 | Common | SOLE |
| 359694106 | FUL | FULLER H B CO | $620,525 | 0.08% | 10,436 | Common | SOLE |
| 743312100 | PRGS | PROGRESS SOFTWARE CORP | $616,863 | 0.08% | 14,359 | Common | SOLE |
| 006739106 | ADUS | ADDUS HOMECARE CORP | $603,854 | 0.08% | 5,623 | Common | SOLE |
| 759509102 | RS | RELIANCE INC | $546,542 | 0.07% | 1,892 | Common | SOLE |
| 84857L101 | SR | SPIRE INC | $520,762 | 0.07% | 6,297 | Common | SOLE |
| 004498101 | ACIW | ACI WORLDWIDE INC | $470,546 | 0.06% | 9,842 | Common | SOLE |
| G8588X103 | SGHC | SUPER GROUP SGHC LIMITED | $450,372 | 0.06% | 37,688 | Common | SOLE |
| 03209R103 | AMPH | AMPHASTAR PHARMACEUTICALS IN | $406,012 | 0.05% | 15,161 | Common | SOLE |
| N5505D105 | MICC | MAGNUM ICE CREAM CO NV | $300,627 | 0.04% | 18,967 | Common | SOLE |
| 138103106 | UTE0 | CANTALOUPE INC | $264,013 | 0.03% | 24,860 | Common | NONE |
| 78464A763 | SDY | SPDR SERIES TRUST | $242,556 | 0.03% | 1,743 | Common | SOLE |
| 74348A467 | NOBL | PROSHARES TR | $232,180 | 0.03% | 2,231 | Common | SOLE |
| 42238H108 | BEAT | HEARTBEAM INC | $120,000 | 0.02% | 50,000 | Common | SOLE |
| 22978P106 | CUE1EUR | CUE BIOPHARMA INC | $78,557 | 0.01% | 257,225 | Common | SOLE |
| 04965B100 | ATOM | ATOMERA INC | $44,200 | 0.01% | 20,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.