Q4 2025 · 13F-HR
Copeland Capital Management, LLCholdings as filed
Filed 2026-01-29 · accession 0001580642-26-000539
$4.48B
Reported value
297
Positions
2025-12-31
Period end
The Brief · Copeland Capital Management, LLC · Q4 2025
AI · grounded in 13F
Copeland Capital Management, LLC closed its position in CBT, reducing its exposure by $39.87M. The fund established a new position in EE worth $30.66M. Other notable activity includes increasing shares of TPB by 29,795.75% and AZZ by 222.52%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 29358P101 | ENSG | ENSIGN GROUP INC | $111.7M | 2.49% | 641,400 | Common | SOLE |
| 95082P105 | WCC | WESCO INTL INC | $89.0M | 1.99% | 363,904 | Common | SOLE |
| 920253101 | VMI | VALMONT INDS INC | $84.7M | 1.89% | 210,433 | Common | SOLE |
| 29261A100 | EHC | ENCOMPASS HEALTH CORP | $81.2M | 1.81% | 764,703 | Common | SOLE |
| 741511109 | PSMT | PRICESMART INC | $80.2M | 1.79% | 653,408 | Common | SOLE |
| 894164102 | TNL | TRAVEL PLUS LEISURE CO | $78.7M | 1.76% | 1,116,306 | Common | SOLE |
| 18467V109 | YOU | CLEAR SECURE INC COM CL A | $78.5M | 1.75% | 2,237,026 | Common | SOLE |
| 65336K103 | NXST | NEXSTAR MEDIA GROUP INC COMMON | $76.5M | 1.71% | 376,621 | Common | SOLE |
| 537008104 | LFUS | LITTELFUSE INC | $75.9M | 1.69% | 300,113 | Common | SOLE |
| 436893200 | HOMB | HOME BANCSHARES INC | $72.8M | 1.63% | 2,622,015 | Common | SOLE |
| 525558201 | LMAT | LEMAITRE VASCULAR INC | $72.1M | 1.61% | 888,977 | Common | SOLE |
| 407497106 | HLNE | HAMILTON LANE INC CL A | $70.4M | 1.57% | 524,166 | Common | SOLE |
| 428291108 | HXL | HEXCEL CORP NEW | $69.6M | 1.55% | 942,114 | Common | SOLE |
| 117043109 | BC | BRUNSWICK CORP | $67.3M | 1.50% | 906,647 | Common | SOLE |
| 501242101 | KLIC | KULICKE & SOFFA INDS INC | $67.3M | 1.50% | 1,477,365 | Common | SOLE |
| 14174T107 | CTRE | CARETRUST REIT INC | $65.2M | 1.46% | 1,802,843 | Common | SOLE |
| 974155103 | WING | WINGSTOP INC | $64.9M | 1.45% | 272,030 | Common | SOLE |
| 11276H106 | BIPC | BROOKFIELD INFRASTRUCTURE CORP | $62.3M | 1.39% | 1,372,082 | Common | SOLE |
| 90337L108 | USPH | U S PHYSICAL THERAPY | $61.4M | 1.37% | 786,114 | Common | SOLE |
| 000360206 | AAON | AAON INC | $61.0M | 1.36% | 799,977 | Common | SOLE |
| 576485205 | MTDR | MATADOR RES CO | $60.5M | 1.35% | 1,426,505 | Common | SOLE |
| 165303108 | CPK | CHESAPEAKE UTILS CORP | $59.7M | 1.33% | 478,586 | Common | SOLE |
| 630402105 | NSSC | NAPCO SEC TECHNOLOGIES INC | $59.2M | 1.32% | 1,420,792 | Common | SOLE |
| 16359R103 | CHE | CHEMED CORP NEW | $58.9M | 1.31% | 137,551 | Common | SOLE |
| 91347P105 | OLED | UNIVERSAL DISPLAY CORP | $58.8M | 1.31% | 503,699 | Common | SOLE |
| 88146M101 | TRNO | TERRENO RLTY CORP | $58.0M | 1.29% | 987,395 | Common | SOLE |
| 904708104 | UNF | UNIFIRST CORP MASS | $57.0M | 1.27% | 295,381 | Common | SOLE |
| 88162G103 | TTEK | TETRA TECH INC NEW | $55.8M | 1.25% | 1,663,090 | Common | SOLE |
| 515098101 | LSTR | LANDSTAR SYS INC | $54.8M | 1.22% | 381,235 | Common | SOLE |
| 33767E202 | FSV | FIRSTSERVICE CORP NEW SUB VTG | $53.8M | 1.20% | 346,042 | Common | SOLE |
| 854231107 | SXI | STANDEX INTL CORP | $53.4M | 1.19% | 245,843 | Common | SOLE |
| 48242W106 | KBR | KBR INC | $52.7M | 1.18% | 1,311,730 | Common | SOLE |
| 49714P108 | KNSL | KINSALE CAP GROUP INC | $52.2M | 1.17% | 133,495 | Common | SOLE |
| 703343103 | PATK | PATRICK INDS INC | $51.9M | 1.16% | 478,999 | Common | SOLE |
| 192422103 | CGNX | COGNEX CORP | $50.7M | 1.13% | 1,407,994 | Common | SOLE |
| 19247A100 | CNS | COHEN & STEERS INC | $50.5M | 1.13% | 804,732 | Common | SOLE |
| 71363P106 | PRDO | PERDOCEO ED CORP | $50.4M | 1.12% | 1,716,850 | Common | SOLE |
| 002474104 | AZZ | AZZ INC | $50.0M | 1.12% | 466,140 | Common | SOLE |
| 20602D101 | CNXC | CONCENTRIX CORP | $45.3M | 1.01% | 1,088,922 | Common | SOLE |
| G8473T100 | STE | STERIS PLC SHS USD | $44.5M | 0.99% | 175,671 | Common | SOLE |
| 747316107 | KWR | QUAKER HOUGHTON | $42.3M | 0.94% | 308,231 | Common | SOLE |
| 313148306 | AGM | FEDERAL AGRIC MTG CORP CL C | $42.3M | 0.94% | 240,905 | Common | SOLE |
| 739276103 | POWI | POWER INTEGRATIONS INC | $41.7M | 0.93% | 1,173,907 | Common | SOLE |
| 147528103 | CASY | CASEYS GEN STORES INC | $41.2M | 0.92% | 74,457 | Common | SOLE |
| 46266A109 | IRMD | IRADIMED CORP | $40.1M | 0.90% | 412,550 | Common | SOLE |
| 90278Q108 | UFPI | UFP INDUSTRIES INC | $39.6M | 0.88% | 434,821 | Common | SOLE |
| 00912X302 | AL | AIR LEASE CORP CL A | $38.9M | 0.87% | 604,892 | Common | SOLE |
| 576690101 | MTRN | MATERION CORP | $37.9M | 0.85% | 304,939 | Common | SOLE |
| 759509102 | RS | RELIANCE INC | $37.8M | 0.84% | 130,776 | Common | SOLE |
| 918090101 | UTZ | UTZ BRANDS INC COM CL A | $35.8M | 0.80% | 3,449,862 | Common | SOLE |
| 511656100 | LKFN | LAKELAND FINL CORP | $35.1M | 0.78% | 615,680 | Common | SOLE |
| 12618T105 | CRAI | CRA INTL INC | $34.8M | 0.78% | 173,473 | Common | SOLE |
| 89400J107 | TRU | TRANSUNION | $31.5M | 0.70% | 367,393 | Common | SOLE |
| 650111107 | NYT | NEW YORK TIMES CO CL A | $31.4M | 0.70% | 451,811 | Common | SOLE |
| 780287108 | RGLD | ROYAL GOLD INC | $31.0M | 0.69% | 139,408 | Common | SOLE |
| 30069T101 | EE | EXCELERATE ENERGY INC CL A COM | $30.7M | 0.68% | 1,092,965 | Common | SOLE |
| 426281101 | JKHY | HENRY JACK & ASSOC INC | $30.4M | 0.68% | 166,627 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $29.8M | 0.67% | 86,072 | Common | SOLE |
| 23345M107 | DTM | DT MIDSTREAM INC COMMON STOCK | $29.4M | 0.66% | 245,257 | Common | SOLE |
| G6700G107 | NVT | NVENT ELECTRIC PLC | $28.8M | 0.64% | 282,078 | Common | SOLE |
| 553498106 | MSA | MSA SAFETY INC | $28.5M | 0.64% | 178,035 | Common | SOLE |
| 655663102 | NDSN | NORDSON CORP | $28.0M | 0.62% | 116,316 | Common | SOLE |
| 74834L100 | DGX | QUEST DIAGNOSTICS INC | $27.7M | 0.62% | 159,637 | Common | SOLE |
| 171484108 | CHDN | CHURCHILL DOWNS INC | $27.5M | 0.61% | 241,573 | Common | SOLE |
| 617446448 | MS | MORGAN STANLEY COM NEW | $27.2M | 0.61% | 153,010 | Common | SOLE |
| 29667J101 | ESQ | ESQUIRE FINL HLDGS INC | $27.1M | 0.61% | 265,550 | Common | SOLE |
| 974250102 | WINA | WINMARK CORP | $26.8M | 0.60% | 66,135 | Common | SOLE |
| 253393102 | DKS | DICKS SPORTING GOODS INC | $26.6M | 0.59% | 134,541 | Common | SOLE |
| 099502106 | BAH | BOOZ ALLEN HAMILTON HLDG CORP | $26.4M | 0.59% | 312,754 | Common | SOLE |
| 25754A201 | DPZ | DOMINOS PIZZA INC | $26.0M | 0.58% | 62,378 | Common | SOLE |
| 971378104 | WSC | WILLSCOT HLDGS CORP COM CL A | $25.9M | 0.58% | 1,377,098 | Common | SOLE |
| 36168Q104 | GFL | GFL ENVIRONMENTAL INC SUB VTG | $25.9M | 0.58% | 602,493 | Common | SOLE |
| 743606105 | PB | PROSPERITY BANCSHARES INC | $25.8M | 0.58% | 373,612 | Common | SOLE |
| 824889109 | SCVL | SHOE CARNIVAL INC | $25.7M | 0.57% | 1,520,739 | Common | SOLE |
| 98311A105 | WH | WYNDHAM HOTELS & RESORTS INC | $25.5M | 0.57% | 337,749 | Common | SOLE |
| 78377T107 | RHP | RYMAN HOSPITALITY PPTYS INC | $24.8M | 0.55% | 262,307 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $24.3M | 0.54% | 50,299 | Common | SOLE |
| 303075105 | FDS | FACTSET RESH SYS INC | $23.9M | 0.53% | 82,277 | Common | SOLE |
| 142339100 | CSL | CARLISLE COS INC | $23.8M | 0.53% | 74,288 | Common | SOLE |
| 74164M108 | PRI | PRIMERICA INC | $23.6M | 0.53% | 91,164 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $23.4M | 0.52% | 86,082 | Common | SOLE |
| 617700109 | MORN | MORNINGSTAR INC | $22.9M | 0.51% | 105,282 | Common | SOLE |
| 92826C839 | V | VISA INC COM CL A | $22.3M | 0.50% | 63,602 | Common | SOLE |
| 911922102 | USLM | UNITED STS LIME & MINERALS INC | $22.3M | 0.50% | 185,956 | Common | SOLE |
| 90041L105 | TPB | TURNING PT BRANDS INC | $22.1M | 0.49% | 204,188 | Common | SOLE |
| 65341D102 | NXRT | NEXPOINT RESIDENTIAL TR INC | $22.0M | 0.49% | 732,005 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD S | $21.5M | 0.48% | 70,709 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC CAP STK CL A | $21.4M | 0.48% | 68,272 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $21.4M | 0.48% | 19,879 | Common | SOLE |
| 42222N103 | HSTM | HEALTHSTREAM INC | $20.5M | 0.46% | 887,553 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $19.8M | 0.44% | 61,297 | Common | SOLE |
| 08265T208 | BSY | BENTLEY SYS INC COM CL B | $19.2M | 0.43% | 502,202 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW CL A | $18.7M | 0.42% | 138,617 | Common | SOLE |
| 903002103 | UMH | UMH PPTYS INC | $18.3M | 0.41% | 1,149,834 | Common | SOLE |
| 609839105 | MPWR | MONOLITHIC PWR SYS INC | $17.4M | 0.39% | 19,154 | Common | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $17.3M | 0.39% | 98,766 | Common | SOLE |
| 03073E105 | COR | CENCORA INC | $17.1M | 0.38% | 50,488 | Common | SOLE |
| 038336103 | ATR | APTARGROUP INC | $16.6M | 0.37% | 135,753 | Common | SOLE |
| 03076C106 | AMP | AMERIPRISE FINL INC | $16.3M | 0.36% | 33,175 | Common | SOLE |
| 73278L105 | POOL | POOL CORP | $16.0M | 0.36% | 70,026 | Common | SOLE |
| 778296103 | ROST | ROSS STORES INC | $15.5M | 0.35% | 86,120 | Common | SOLE |
| 571903202 | MAR | MARRIOTT INTL INC NEW CL A | $15.4M | 0.34% | 49,586 | Common | SOLE |
| 461202103 | INTU | INTUIT | $14.6M | 0.33% | 22,025 | Common | SOLE |
| 55354G100 | MSCI | MSCI INC | $13.6M | 0.30% | 23,741 | Common | SOLE |
| 493732101 | KFRC | KFORCE INC | $13.6M | 0.30% | 439,811 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $13.4M | 0.30% | 50,540 | Common | SOLE |
| 620076307 | MSI | MOTOROLA SOLUTIONS INC | $13.0M | 0.29% | 33,848 | Common | SOLE |
| 172908105 | CTAS | CINTAS CORP | $12.9M | 0.29% | 68,847 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC CL A | $12.5M | 0.28% | 18,984 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $12.1M | 0.27% | 37,442 | Common | SOLE |
| 629377508 | NRG | NRG ENERGY INC COM NEW | $11.7M | 0.26% | 73,227 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $11.3M | 0.25% | 70,162 | Common | SOLE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING INC | $11.0M | 0.24% | 42,655 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $10.6M | 0.24% | 13,815 | Common | SOLE |
| 011311107 | ALG | ALAMO GROUP INC | $10.5M | 0.24% | 62,728 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $10.4M | 0.23% | 1,946 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $10.0M | 0.22% | 11,581 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $9.9M | 0.22% | 28,798 | Common | SOLE |
| 05605H100 | BWXT | BWX TECHNOLOGIES INC | $9.1M | 0.20% | 52,531 | Common | SOLE |
| 115236101 | BRO | BROWN & BROWN INC | $8.1M | 0.18% | 101,563 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC COM NEW | $7.2M | 0.16% | 37,223 | Common | SOLE |
| 679580100 | ODFL | OLD DOMINION FREIGHT LINE INC | $6.5M | 0.15% | 41,513 | Common | SOLE |
| 11133T103 | BR | BROADRIDGE FINL SOLUTIONS INC | $1.4M | 0.03% | 6,331 | Common | SOLE |
| 631103108 | NDAQ | NASDAQ INC | $1.3M | 0.03% | 13,536 | Common | SOLE |
| 445658107 | JBHT | HUNT J B TRANS SVCS INC | $1.3M | 0.03% | 6,642 | Common | SOLE |
| 75886F107 | REGN | REGENERON PHARMACEUTICALS | $1.1M | 0.02% | 1,436 | Common | SOLE |
| 25278X109 | FANG | DIAMONDBACK ENERGY INC | $1.0M | 0.02% | 6,982 | Common | SOLE |
| 929740108 | WAB | WABTEC | $1.0M | 0.02% | 4,858 | Common | SOLE |
| 761152107 | RMD | RESMED INC | $1.0M | 0.02% | 4,273 | Common | SOLE |
| 278642103 | EBAY | EBAY INC. | $1.0M | 0.02% | 11,797 | Common | SOLE |
| 929160109 | VMC | VULCAN MATLS CO | $1.0M | 0.02% | 3,526 | Common | SOLE |
| 199908104 | FIX | COMFORT SYS USA INC | $979,021 | 0.02% | 1,049 | Common | SOLE |
| 030420103 | AWK | AMERICAN WTR WKS CO INC NEW | $940,668 | 0.02% | 7,208 | Common | SOLE |
| 512807306 | LRCX | LAM RESEARCH CORP COM NEW | $931,390 | 0.02% | 5,441 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MANAGMT LTD C | $922,150 | 0.02% | 17,601 | Common | SOLE |
| 969904101 | WSM | WILLIAMS SONOMA INC | $912,773 | 0.02% | 5,111 | Common | SOLE |
| 29472R108 | ELS | EQUITY LIFESTYLE PPTYS INC | $907,609 | 0.02% | 14,974 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO COM CL A | $903,052 | 0.02% | 5,574 | Common | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $885,265 | 0.02% | 13,207 | Common | SOLE |
| 020002101 | ALL | ALLSTATE CORP | $873,552 | 0.02% | 4,195 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $808,335 | 0.02% | 10,067 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $378,304 | 0.01% | 1,828 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $376,062 | 0.01% | 3,125 | Common | NONE |
| 09290D101 | BLK | BLACKROCK INC | $318,961 | 0.01% | 298 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $298,864 | 0.01% | 1,308 | Common | NONE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $273,661 | 0.01% | 829 | Common | SOLE |
| 68902V107 | OTIS | OTIS WORLDWIDE CORP | $255,586 | 0.01% | 2,926 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE COM NEW | $243,382 | 0.01% | 790 | Common | NONE |
| 277276101 | EGP | EASTGROUP PPTYS INC | $241,379 | 0.01% | 1,355 | Common | SOLE |
| 88579Y101 | MMM | 3M CO | $240,150 | 0.01% | 1,500 | Common | NONE |
| 92276F100 | VTR | VENTAS INC | $238,330 | 0.01% | 3,080 | Common | SOLE |
| G8060N102 | ST | SENSATA TECHNOLOGIES HLDG PLC | $237,974 | 0.01% | 7,148 | Common | SHARED |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $237,694 | 0.01% | 2,719 | Common | SOLE |
| 09581B103 | OWL | BLUE OWL CAPITAL INC COM CL A | $233,034 | 0.01% | 15,598 | Common | SOLE |
| 892356106 | TSCO | TRACTOR SUPPLY CO | $231,996 | 0.01% | 4,639 | Common | SOLE |
| 87165B103 | SYF | SYNCHRONY FINANCIAL | $219,254 | 0.00% | 2,628 | Common | NONE |
| 171340102 | CHD | CHURCH & DWIGHT CO INC | $212,392 | 0.00% | 2,533 | Common | SOLE |
| 98978V103 | ZTS | ZOETIS INC CL A | $197,537 | 0.00% | 1,570 | Common | NONE |
| 882681109 | TXRH | TEXAS ROADHOUSE INC | $190,070 | 0.00% | 1,145 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $175,394 | 0.00% | 999 | Common | SOLE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX FDS | $159,698 | 0.00% | 2,171 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABS | $156,361 | 0.00% | 1,248 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC CAP STK CL C | $131,796 | 0.00% | 420 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $130,924 | 0.00% | 400 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $127,142 | 0.00% | 416 | Common | NONE |
| 446413106 | HII | HUNTINGTON INGALLS INDS INC | $125,135 | 0.00% | 367 | Common | SHARED |
| 717081103 | PFE | PFIZER INC | $124,076 | 0.00% | 4,983 | Common | NONE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND SHS CLAS | $113,222 | 0.00% | 422 | Common | SOLE |
| 635906100 | NHC | NATIONAL HEALTHCARE CORP | $99,116 | 0.00% | 723 | Common | SOLE |
| 22284P105 | CVLG | COVENANT LOGISTICS GROUP INC C | $98,893 | 0.00% | 4,487 | Common | SOLE |
| 693506107 | PPG | PPG INDS INC | $95,902 | 0.00% | 936 | Common | NONE |
| 68287N100 | OSPN | ONESPAN INC | $95,208 | 0.00% | 7,415 | Common | SOLE |
| 01973R101 | ALSN | ALLISON TRANSMISSION HLDGS INC | $91,678 | 0.00% | 936 | Common | SHARED |
| 46284V101 | IRM | IRON MTN INC DEL | $89,171 | 0.00% | 1,075 | Common | SOLE |
| 863182101 | STRW | STRAWBERRY FIELDS REIT INC | $82,530 | 0.00% | 6,300 | Common | SOLE |
| M6158M104 | ITRN | ITURAN LOCATION AND CONTROL | $80,471 | 0.00% | 1,871 | Common | SOLE |
| 740367404 | PFBC | PREFERRED BK LOS ANGELES CA CO | $79,037 | 0.00% | 837 | Common | SOLE |
| 860372101 | STC | STEWART INFORMATION SVCS CORP | $78,620 | 0.00% | 1,119 | Common | SOLE |
| 966084204 | WSR | WHITESTONE REIT | $73,992 | 0.00% | 5,327 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC | $71,760 | 0.00% | 500 | Common | NONE |
| 30263Y104 | FSBW | FS BANCORP INC | $71,182 | 0.00% | 1,729 | Common | SOLE |
| 16208T102 | CLDT | CHATHAM LODGING TR | $70,367 | 0.00% | 10,333 | Common | SOLE |
| G23773107 | CWCO | CONSOLIDATED WATER CO INC | $69,380 | 0.00% | 1,966 | Common | SOLE |
| G4809J106 | IGIC | INTL GNRL INSURANCE HLDNGS LTD | $69,373 | 0.00% | 2,765 | Common | SOLE |
| 14808P109 | CASS | CASS INFORMATION SYS INC | $68,508 | 0.00% | 1,650 | Common | SOLE |
| 20786W107 | CNOB | CONNECTONE BANCORP INC | $68,014 | 0.00% | 2,594 | Common | SOLE |
| 22658D100 | CRCT | CRICUT INC COM CL A | $66,834 | 0.00% | 13,502 | Common | SOLE |
| 448947507 | IDT | IDT CORP CL B NEW | $65,856 | 0.00% | 1,286 | Common | SOLE |
| 724479100 | PBI | PITNEY BOWES INC | $65,280 | 0.00% | 6,176 | Common | SOLE |
| 637372202 | NRC | NATIONAL RESH CORP COM NEW | $65,000 | 0.00% | 3,463 | Common | SOLE |
| 06652N107 | BSVN | BANK7 CORP | $64,994 | 0.00% | 1,586 | Common | SOLE |
| 37892E102 | GIC | GLOBAL INDUSTRIAL COMPANY | $64,780 | 0.00% | 2,217 | Common | SOLE |
| 404609109 | HCKT | HACKETT GROUP INC | $64,759 | 0.00% | 3,299 | Common | SOLE |
| 974637100 | WGO | WINNEBAGO INDS INC | $64,669 | 0.00% | 1,596 | Common | SOLE |
| 00215F107 | ATNI | ATN INTL INC | $64,455 | 0.00% | 2,827 | Common | SOLE |
| 729273102 | PLBC | PLUMAS BANCORP | $63,370 | 0.00% | 1,418 | Common | SOLE |
| 63888U108 | NGVC | NATURAL GROCERS BY VITAMIN COT | $63,351 | 0.00% | 2,529 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $63,156 | 0.00% | 600 | Common | NONE |
| 043113208 | ARTNA | ARTESIAN RES CORP CL A | $62,809 | 0.00% | 1,987 | Common | SOLE |
| 46134L105 | ISTR | INVESTAR HLDG CORP | $61,856 | 0.00% | 2,315 | Common | SOLE |
| 383082104 | GRC | GORMAN RUPP CO | $61,645 | 0.00% | 1,291 | Common | SOLE |
| 535555106 | LNN | LINDSAY CORP | $61,528 | 0.00% | 522 | Common | SOLE |
| 296650104 | ESP | ESPEY MFG & ELECTRS CORP | $60,939 | 0.00% | 1,293 | Common | SOLE |
| Y4600W108 | KARO | KAROOOOO LTD ORD SHS | $60,469 | 0.00% | 1,329 | Common | SOLE |
| 339382103 | FLXS | FLEXSTEEL INDS INC | $59,392 | 0.00% | 1,504 | Common | SOLE |
| 76665T102 | REPX | RILEY EXPLORATION PERMIAN INC | $59,109 | 0.00% | 2,239 | Common | SOLE |
| 29103W104 | EEX | EMERALD HOLDING INC | $58,320 | 0.00% | 13,047 | Common | SOLE |
| 858586100 | SCL | STEPAN CO | $56,358 | 0.00% | 1,190 | Common | SOLE |
| 75282U104 | RNGR | RANGER ENERGY SVCS INC COM CL | $56,269 | 0.00% | 4,025 | Common | SOLE |
| 452521107 | IMMR | IMMERSION CORP | $55,331 | 0.00% | 8,137 | Common | SOLE |
| 50060P106 | KOP | KOPPERS HOLDINGS INC | $54,972 | 0.00% | 2,030 | Common | SOLE |
| 917488108 | UTMD | UTAH MED PRODS INC | $54,952 | 0.00% | 982 | Common | SOLE |
| 665531307 | NOG | NORTHERN OIL & GAS INC | $53,746 | 0.00% | 2,503 | Common | SOLE |
| 677864100 | ODC | OIL DRI CORP AMER | $53,589 | 0.00% | 1,095 | Common | SOLE |
| 29271Q103 | ESOA | ENERGY SVCS ACQUISITION CORP | $52,696 | 0.00% | 6,450 | Common | SOLE |
| 46620W201 | JILL | J JILL INC | $52,314 | 0.00% | 3,813 | Common | SOLE |
| 80007P869 | SD | SANDRIDGE ENERGY INC COM NEW | $52,236 | 0.00% | 3,620 | Common | SOLE |
| 69376K106 | RPC | P10 INC COM CL A | $51,630 | 0.00% | 5,263 | Common | SOLE |
| 126389105 | CSPI | CSP INC | $49,150 | 0.00% | 3,932 | Common | SOLE |
| 48563L101 | KRT | KARAT PACKAGING INC | $46,561 | 0.00% | 2,063 | Common | SOLE |
| 700215304 | TRAK | REPOSITRAK INC COM NEW | $45,138 | 0.00% | 3,649 | Common | SOLE |
| 06417N103 | OZK | BANK OZK LITTLE ROCK ARK | $45,005 | 0.00% | 977 | Common | SHARED |
| 87873R101 | TTNDY | TECHTRONIC INDS LTD SPONSORED | $43,703 | 0.00% | 759 | Common | NONE |
| 36828A101 | GEV | GE VERNOVA INC | $41,828 | 0.00% | 64 | Common | NONE |
| 892231101 | TSQ | TOWNSQUARE MEDIA INC CL A | $40,014 | 0.00% | 7,785 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $39,631 | 0.00% | 258 | Common | NONE |
| 74934Q108 | RICK | RCI HOSPITALITY HLDGS INC | $35,497 | 0.00% | 1,489 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $29,886 | 0.00% | 34 | Common | SOLE |
| 83444M101 | SOLV | SOLVENTUM CORP COM SHS | $29,635 | 0.00% | 374 | Common | NONE |
| 126349109 | CSN | CSG SYS INTL INC | $28,682 | 0.00% | 374 | Common | SOLE |
| 53222K205 | LFVN | LIFEVANTAGE CORP COM NEW | $27,954 | 0.00% | 4,538 | Common | SOLE |
| 775711104 | ROL | ROLLINS INC | $27,579 | 0.00% | 459 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $24,801 | 0.00% | 218 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $24,045 | 0.00% | 258 | Common | SOLE |
| 37959E102 | GL | GLOBE LIFE INC | $23,496 | 0.00% | 168 | Common | SOLE |
| 28414H103 | ELAN | ELANCO ANIMAL HEALTH INC | $22,245 | 0.00% | 983 | Common | NONE |
| 06211J100 | BFC | BANK FIRST CORP | $21,683 | 0.00% | 178 | Common | SOLE |
| 002254645 | — | GILDAN ACTIVEWEAR INC | $19,126 | 0.00% | 306 | Common | SOLE |
| 670100205 | NVO | NOVO-NORDISK A S ADR | $18,164 | 0.00% | 357 | Common | NONE |
| 784117103 | SEIC | SEI INVTS CO | $18,126 | 0.00% | 221 | Common | SOLE |
| 835699307 | SONY | SONY GROUP CORP SPONSORED ADR | $16,896 | 0.00% | 660 | Common | NONE |
| 88032Q109 | TCEHY | TENCENT HOLDINGS LIMITED UNSPO | $15,692 | 0.00% | 205 | Common | NONE |
| 00206R102 | T | AT&T INC | $13,711 | 0.00% | 552 | Common | SOLE |
| 857477103 | STT | STATE STR CORP | $11,610 | 0.00% | 90 | Common | SOLE |
| 872351408 | TTDKY | TDK CORP AMERN DEP SH | $11,421 | 0.00% | 810 | Common | NONE |
| 443251103 | HOCPY | HOYA CORP SPONSORED ADR | $11,373 | 0.00% | 75 | Common | NONE |
| 492460100 | KRYAY | KERRY GROUP PLC SPONSORED ADR | $10,021 | 0.00% | 110 | Common | NONE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $9,763 | 0.00% | 29 | Common | SOLE |
| 28618M106 | ESI | ELEMENT SOLUTIONS INC | $7,996 | 0.00% | 320 | Common | SHARED |
| 458334109 | IPAR | INTER PARFUMS INC | $6,156 | 0.00% | 72 | Common | SHARED |
| 863667101 | SYK | STRYKER CORPORATION | $5,974 | 0.00% | 17 | Common | SOLE |
| H42097107 | UBS | UBS GROUP AG | $5,835 | 0.00% | 126 | Common | SOLE |
| 450737101 | IBDRY | IBERDROLA S A SPON ADR | $5,616 | 0.00% | 65 | Common | SOLE |
| 674215207 | CHRD | CHORD ENERGY CORPORATION COM N | $5,395 | 0.00% | 58 | Common | SHARED |
| 771195104 | RHHBY | ROCHE HLDG LTD SPONSORED ADR | $4,692 | 0.00% | 91 | Common | SOLE |
| 001317205 | AAGIY | AIA GROUP LTD SPONSORED ADR | $4,677 | 0.00% | 114 | Common | SOLE |
| 05964H105 | SAN | BANCO SANTANDER S.A. ADR | $4,211 | 0.00% | 359 | Common | SOLE |
| 641069406 | NSRGY | NESTLE S A SPONSORED ADR | $3,951 | 0.00% | 40 | Common | SOLE |
| 780087102 | RY | ROYAL BK CDA MONTREAL QUE | $3,921 | 0.00% | 23 | Common | SOLE |
| 626425102 | MRAAY | MURATA MANUFACTURING CO LTD UN | $3,914 | 0.00% | 380 | Common | SOLE |
| 23341C103 | DNBBY | DNB BANK ASA SPONSORED | $3,899 | 0.00% | 140 | Common | SOLE |
| 05565A202 | BNPQY | BNP PARIBAS SPONSORED ADR | $3,744 | 0.00% | 79 | Common | SOLE |
| 05523R107 | BAESY | BAE SYSTEMS PLC SPONSORED ADR | $3,715 | 0.00% | 40 | Common | SOLE |
| 42281P304 | HDLMY | HEIDELBERG MATERIALS AG SPONSO | $3,542 | 0.00% | 68 | Common | SOLE |
| 136385101 | CNQ | CANADIAN NAT RES LTD | $3,452 | 0.00% | 102 | Common | SOLE |
| 045387107 | ASAZY | ASSA ABLOY AB ADR | $3,359 | 0.00% | 174 | Common | SOLE |
| 497216101 | KIGRY | KION GROUP AG ADR | $3,349 | 0.00% | 169 | Common | SOLE |
| 883219206 | THLLY | THALES UNSPONSORD ADR | $3,349 | 0.00% | 62 | Common | SOLE |
| 80687P106 | SBGSY | SCHNEIDER ELECTRIC SE UNSPONSO | $3,296 | 0.00% | 60 | Common | SOLE |
| 410693105 | HVRRY | HANNOVER RUECK SE SPONSORED AD | $3,124 | 0.00% | 60 | Common | SOLE |
| 760125104 | RTO | RENTOKIL INITIAL PLC SPONSORED | $3,122 | 0.00% | 106 | Common | SOLE |
| 670108109 | NVZMY | NOVONESIS (NOVOZYMES) B UNSPON | $3,117 | 0.00% | 49 | Common | SOLE |
| 824551105 | SHECY | SHIN ETSU CHEMICAL CO LTD ADR | $3,053 | 0.00% | 197 | Common | SOLE |
| 349553107 | FTS | FORTIS INC | $2,960 | 0.00% | 57 | Common | SOLE |
| 80287P100 | SNPHY | SANTEN PHARMACEUTICAL CO LTD A | $2,945 | 0.00% | 286 | Common | SOLE |
| 872120100 | TDHOY | T&D HLDGS INC UNSPONSORD ADR | $2,923 | 0.00% | 252 | Common | SOLE |
| 009126202 | AIQUY | AIR LIQUIDE ADR | $2,854 | 0.00% | 76 | Common | SOLE |
| 88088L103 | TEZNY | TRASMISSIONE ELETTRICITA RETE | $2,839 | 0.00% | 89 | Common | SOLE |
| 12117P109 | BVVBY | BUREAU VERITAS SA UNSPONSORED | $2,802 | 0.00% | 44 | Common | SOLE |
| 30215C101 | EXPGY | EXPERIAN PLC SPONSORED ADR | $2,665 | 0.00% | 59 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $2,174 | 0.00% | 22 | Common | SOLE |
| 65461N104 | NPXYY | NIPPON SANSO HLDGS CORP UNSPON | $2,144 | 0.00% | 145 | Common | SOLE |
| 75629J101 | RCRUY | RECRUIT HLDGS CO LTD UNSPONSOR | $2,025 | 0.00% | 180 | Common | SOLE |
| 82674R103 | SXYAY | SIKA AG UNSPONSORD ADR | $1,961 | 0.00% | 96 | Common | SOLE |
| 25243Q205 | DEO | DIAGEO PLC SPON ADR NEW | $1,897 | 0.00% | 22 | Common | SOLE |
| 977874205 | WTKWY | WOLTERS KLUWER N V SPONSORED A | $1,864 | 0.00% | 18 | Common | SOLE |
| 00687A107 | ADDYY | ADIDAS AG ADR | $1,779 | 0.00% | 18 | Common | SOLE |
| 88579N105 | TGOPY | 3I GROUP PLC UNSPONSORD ADR | $1,535 | 0.00% | 141 | Common | SOLE |
| 87184P109 | SSMXY | SYSMEX CORP UNSPONSORED ADR | $1,374 | 0.00% | 141 | Common | SOLE |
| 000957100 | ABM | ABM INDS INC | $1,351 | 0.00% | 31 | Common | SHARED |
| 127097103 | CTRA | COTERRA ENERGY INC | $1,237 | 0.00% | 47 | Common | SHARED |
| 14040H105 | COF | CAPITAL ONE FINANCIAL | $1,211 | 0.00% | 5 | Common | SHARED |
| 833034101 | SNA | SNAP ON INC | $1,033 | 0.00% | 3 | Common | SHARED |
| 553530106 | MSM | MSC INDUSTRIAL DIRECT CO-A | $420 | 0.00% | 5 | Common | SHARED |
| G97822103 | PRGO | PERRIGO CO PLC | $354 | 0.00% | 25 | Common | SHARED |
| 056525108 | BMI | BADGER METER INC | $174 | 0.00% | 1 | Common | SHARED |
| 229663109 | CUBE | CUBESMART | $103 | 0.00% | 2 | Common | SHARED |
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.