ADVISORY RESEARCH INC
CIK 0000902584
Annualised vol
6.823418%
Beta
0.303229
HHI
250.062837
Top-10 weight
40.625568%
VaR 95%
0.607529%
VaR 99%
1.161527%
Max drawdown
13.799003%
Matched value
59.166622%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| OPLN | ADDED | 1,533,557 | 1,281,612 | 19.66% | 63,243,891 |
| TRS | ADDED | 1,211,587 | 1,119,686 | 8.21% | 54,557,763 |
| GOOGL | ADDED | 94,824 | 93,261 | 1.68% | 33,887,253 |
| KDP | ADDED | 867,771 | 839,297 | 3.39% | 28,402,145 |
| JBTM | ADDED | 189,869 | 140,747 | 34.9% | 27,531,005 |
| DJCO | REDUCED | 41,510 | 41,873 | -0.87% | 24,955,397 |
| AVGO | ADDED | 65,495 | 63,687 | 2.84% | 24,740,736 |
| LEGH | REDUCED | 920,286 | 925,319 | -0.54% | 24,175,913 |
| PM | ADDED | 122,120 | 119,550 | 2.15% | 22,092,729 |
| ABBV | ADDED | 76,085 | 73,072 | 4.12% | 19,146,029 |
| TPR | ADDED | 127,464 | 124,176 | 2.65% | 18,658,180 |
| ACVA | REDUCED | 2,511,972 | 3,028,642 | -17.06% | 18,061,079 |
| MSFT | ADDED | 43,670 | 42,737 | 2.18% | 16,289,783 |
| CME | ADDED | 67,088 | 64,632 | 3.8% | 14,815,043 |
| LAMR | ADDED | 82,766 | 75,641 | 9.42% | 12,909,841 |
| HUBB | ADDED | 24,441 | 23,779 | 2.78% | 12,787,531 |
| GSK | ADDED | 215,664 | 204,282 | 5.57% | 11,305,107 |
| META | ADDED | 18,191 | 17,561 | 3.59% | 10,246,808 |
| CMCSA | ADDED | 376,554 | 363,428 | 3.61% | 9,244,401 |
| LRCX | REDUCED | 19,824 | 19,951 | -0.64% | 8,590,334 |
| APA | REDUCED | 261,415 | 373,347 | -29.98% | 8,514,287 |
| INTU | ADDED | 28,443 | 27,247 | 4.39% | 7,423,623 |
| PFGC | REDUCED | 52,549 | 53,752 | -2.24% | 5,874,452 |
| NIC | REDUCED | 35,434 | 36,163 | -2.02% | 5,860,429 |
| DAC | ADDED | 47,412 | 47,407 | 0.01% | 5,801,806 |
| STLD | REDUCED | 20,934 | 21,012 | -0.37% | 4,803,516 |
| MFP | NEW | 110,714 | - | - | 4,428,560 |
| ACA | REDUCED | 28,846 | 31,374 | -8.06% | 4,191,035 |
| CALM | REDUCED | 44,612 | 45,383 | -1.7% | 3,593,943 |
| VVV | REDUCED | 90,637 | 93,557 | -3.12% | 3,583,787 |
| AMGN | REDUCED | 8,800 | 8,822 | -0.25% | 3,186,656 |
| NTAP | REDUCED | 20,588 | 20,737 | -0.72% | 3,186,199 |
| HQY | REDUCED | 35,026 | 36,809 | -4.84% | 3,163,548 |
| HD | REDUCED | 8,950 | 9,074 | -1.37% | 3,156,486 |
| AAPL | REDUCED | 10,795 | 10,895 | -0.92% | 3,123,641 |
| EME | REDUCED | 3,603 | 3,624 | -0.58% | 2,990,058 |
| TAP | REDUCED | 75,007 | 75,226 | -0.29% | 2,922,273 |
| FRME | REDUCED | 65,315 | 67,634 | -3.43% | 2,853,612 |
| ALKT | REDUCED | 155,711 | 160,791 | -3.16% | 2,821,484 |
| LMT | REDUCED | 5,343 | 5,392 | -0.91% | 2,722,045 |
| TEX | REDUCED | 33,912 | 35,023 | -3.17% | 2,454,889 |
| AAP | ADDED | 34,110 | 33,983 | 0.37% | 2,122,324 |
| CDW | ADDED | 14,771 | 11,726 | 25.97% | 2,077,393 |
| ABG | REDUCED | 10,149 | 11,495 | -11.71% | 2,040,761 |
| SGHC | ADDED | 142,348 | 141,263 | 0.77% | 1,928,815 |
| FLYW | REDUCED | 104,995 | 108,514 | -3.24% | 1,844,762 |
| ARES | ADDED | 15,846 | 15,811 | 0.22% | 1,763,818 |
| NRG | ADDED | 11,983 | 11,899 | 0.71% | 1,750,237 |
| ORCL | REDUCED | 11,821 | 11,971 | -1.25% | 1,732,368 |
| TNC | REDUCED | 19,779 | 20,410 | -3.09% | 1,731,454 |
| JPM | REDUCED | 5,227 | 5,234 | -0.13% | 1,710,954 |
| MTN | REDUCED | 12,174 | 12,545 | -2.96% | 1,657,490 |
| AX | ADDED | 17,011 | 16,917 | 0.56% | 1,656,701 |
| UNM | ADDED | 18,176 | 18,083 | 0.51% | 1,624,934 |
| ESI | REDUCED | 33,577 | 41,617 | -19.32% | 1,603,302 |
| SNX | REDUCED | 5,978 | 6,003 | -0.42% | 1,598,159 |
| EHC | ADDED | 15,247 | 15,128 | 0.79% | 1,541,167 |
| SR | ADDED | 19,063 | 18,952 | 0.59% | 1,488,630 |
| RRX | REDUCED | 6,117 | 6,119 | -0.03% | 1,457,008 |
| AXP | ADDED | 3,987 | 3,973 | 0.35% | 1,348,603 |
| IVZ | ADDED | 50,775 | 50,281 | 0.98% | 1,339,952 |
| ABT | ADDED | 14,573 | 11,063 | 31.73% | 1,322,354 |
| AZO | ADDED | 368 | 363 | 1.38% | 1,176,106 |
| RAL | ADDED | 15,969 | 15,827 | 0.9% | 1,175,797 |
| JXN | ADDED | 9,700 | 9,608 | 0.96% | 993,183 |
| CMC | ADDED | 15,744 | 15,577 | 1.07% | 987,936 |
| MCD | REDUCED | 3,608 | 3,611 | -0.08% | 975,278 |
| CVX | REDUCED | 5,556 | 5,566 | -0.18% | 920,963 |
| SUPN | ADDED | 19,782 | 19,595 | 0.95% | 920,061 |
| UNH | REDUCED | 2,124 | 2,125 | -0.05% | 882,798 |
| BYD | ADDED | 9,325 | 9,286 | 0.42% | 823,677 |
| HLLY | REDUCED | 315,821 | 326,561 | -3.29% | 805,343 |
| COP | ADDED | 7,648 | 7,543 | 1.39% | 795,086 |
| ACIW | ADDED | 15,742 | 15,667 | 0.48% | 791,665 |
| GLUE | ADDED | 31,396 | 31,236 | 0.51% | 759,783 |
| FUL | ADDED | 11,760 | 11,662 | 0.84% | 685,490 |
| TOST | ADDED | 21,952 | 21,797 | 0.71% | 610,705 |
| G | ADDED | 21,629 | 21,479 | 0.7% | 594,798 |
| GENI | ADDED | 91,730 | 90,412 | 1.46% | 555,884 |
| BX | UNCHANGED | 4,667 | 4,667 | 0.0% | 549,166 |
| CUE | REDUCED | 8,573 | 257,225 | -96.67% | 270,564 |
| ATOM | UNCHANGED | 20,000 | 20,000 | 0.0% | 174,200 |
| BEATW | UNCHANGED | 50,000 | 50,000 | 0.0% | 37,500 |
| PHIN | CLOSED OUT | 0 | 37,203 | -100.0% | 0 |
| CPRT | CLOSED OUT | 0 | 27,788 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | MYERS INDS INC | COM | 628464109 | 64,005,342 | 6.39 | 1812669.0 | |
| OPLN | ADDED | OPENLANE INC | COM | 48238T109 | 61,778,221 | 6.16 | 1498017.0 |
| TRS | ADDED | TRIMAS CORP | COM NEW | 896215209 | 53,521,127 | 5.34 | 1188566.0 |
| - | TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | 40,332,219 | 4.02 | 84453.0 | |
| - | BEL FUSE INC | CL B | 077347300 | 38,191,029 | 3.81 | 114674.0 | |
| - | PURSUIT ATTRACTIONS AND HOSP | COM | 92552R406 | 35,682,554 | 3.56 | 637530.0 | |
| GOOGL | ADDED | ALPHABET INC | CAP STK CL A | 02079K305 | 33,887,253 | 3.38 | 94824.0 |
| KDP | ADDED | KEURIG DR PEPPER INC | COM | 49271V100 | 28,402,145 | 2.83 | 867771.0 |
| JBTM | ADDED | JBT MAREL CORPORATION | COM | 477839104 | 26,690,585 | 2.66 | 184073.0 |
| AVGO | ADDED | BROADCOM INC | COM | 11135F101 | 24,740,736 | 2.47 | 65495.0 |
| DJCO | REDUCED | DAILY JOURNAL CORP | COM | 233912104 | 23,955,017 | 2.39 | 39846.0 |
| LEGH | REDUCED | LEGACY HOUSING CORP | COM | 52472M101 | 23,284,940 | 2.32 | 886370.0 |
| - | MGIC INVT CORP WIS | COM | 552848103 | 23,038,046 | 2.3 | 816952.0 | |
| PM | ADDED | PHILIP MORRIS INTL INC | COM | 718172109 | 22,092,729 | 2.2 | 122120.0 |
| - | AMERICAN ELEC PWR CO INC | COM | 025537101 | 20,090,001 | 2.0 | 146846.0 | |
| - | NATIONAL PRESTO INDS INC | COM | 637215104 | 19,459,693 | 1.94 | 155690.0 | |
| ABBV | ADDED | ABBVIE INC | COM | 00287Y109 | 19,146,029 | 1.91 | 76085.0 |
| TPR | ADDED | TAPESTRY INC | COM | 876030107 | 18,658,180 | 1.86 | 127464.0 |
| ACVA | REDUCED | ACV AUCTIONS INC | COM CL A | 00091G104 | 17,237,364 | 1.72 | 2397408.0 |
| MSFT | ADDED | MICROSOFT CORP | COM | 594918104 | 16,289,783 | 1.63 | 43670.0 |
| - | LATAM AIRLINES GROUP SA | SPONSORED ADR | 51817R205 | 15,967,262 | 1.59 | 274022.0 | |
| CME | ADDED | CME GROUP INC | COM | 12572Q105 | 14,815,043 | 1.48 | 67088.0 |
| - | KB FINL GROUP INC | SPONSORED ADR | 48241A105 | 14,233,311 | 1.42 | 135607.0 | |
| LAMR | ADDED | LAMAR ADVERTISING CO | CL A | 512816109 | 12,909,841 | 1.29 | 82766.0 |
| HUBB | ADDED | HUBBELL INC | COM | 443510607 | 12,787,531 | 1.28 | 24441.0 |
| GSK | ADDED | GSK PLC | SPONSORED ADR | 37733W204 | 11,305,107 | 1.13 | 215664.0 |
| - | MARATHON PETE CORP | COM | 56585A102 | 10,295,320 | 1.03 | 40268.0 | |
| META | ADDED | META PLATFORMS INC | CL A | 30303M102 | 10,246,808 | 1.02 | 18191.0 |
| - | MATADOR RES CO | COM | 576485205 | 9,342,412 | 0.93 | 187674.0 | |
| CMCSA | ADDED | COMCAST CORP NEW | CL A | 20030N101 | 9,244,401 | 0.92 | 376554.0 |
| - | BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 | 8,612,617 | 0.86 | 139453.0 | |
| LRCX | REDUCED | LAM RESEARCH CORP | COM NEW | 512807306 | 8,590,334 | 0.86 | 19824.0 |
| APA | REDUCED | APA CORPORATION | COM | 03743Q108 | 8,514,287 | 0.85 | 261415.0 |
| - | FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 | 7,875,559 | 0.79 | 33184.0 | |
| - | ISHARES TR | 0-3 MTH TREASURY | 46436E718 | 7,724,409 | 0.77 | 76730.0 | |
| INTU | ADDED | INTUIT | COM | 461202103 | 7,423,623 | 0.74 | 28443.0 |
| - | VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 | 5,981,167 | 0.6 | 120152.0 | |
| DAC | ADDED | DANAOS CORPORATION | SHS | Y1968P121 | 5,801,806 | 0.58 | 47412.0 |
| PFGC | REDUCED | PERFORMANCE FOOD GROUP CO | COM | 71377A103 | 5,142,675 | 0.51 | 46003.0 |
| NIC | REDUCED | NICOLET BANKSHARES INC | COM | 65406E102 | 5,092,689 | 0.51 | 30792.0 |
| - | VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | 5,021,882 | 0.5 | 63544.0 | |
| STLD | REDUCED | STEEL DYNAMICS INC | COM | 858119100 | 4,803,516 | 0.48 | 20934.0 |
| - | VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 | 4,554,907 | 0.45 | 78263.0 | |
| - | M-TRON INDS INC | COM | 55380K109 | 4,496,155 | 0.45 | 45347.0 | |
| MFP | NEW | MIDERA FOOD PROCESSING INC | COM | 59739R104 | 4,428,560 | 0.44 | 110714.0 |
| - | VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 | 4,228,870 | 0.42 | 51166.0 | |
| - | ISHARES TR | TRUST ISHARE 0-1 | 464288679 | 4,095,861 | 0.41 | 37117.0 | |
| - | SOUTHSTATE BK CORP | COM | 84472E102 | 4,047,149 | 0.4 | 40512.0 | |
| - | ACM RESH INC | COM CL A | 00108J109 | 3,645,803 | 0.36 | 28732.0 | |
| - | INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 46137V357 | 3,491,026 | 0.35 | 16408.0 | |
| ACA | REDUCED | ARCOSA INC | COM | 039653100 | 3,364,190 | 0.34 | 23155.0 |
| - | ISHARES TR | ISHS 1-5YR INVS | 464288646 | 3,331,809 | 0.33 | 63572.0 | |
| AMGN | REDUCED | AMGEN INC | COM | 031162100 | 3,186,656 | 0.32 | 8800.0 |
| NTAP | REDUCED | NETAPP INC | COM | 64110D104 | 3,186,199 | 0.32 | 20588.0 |
| HD | REDUCED | HOME DEPOT INC | COM | 437076102 | 3,156,486 | 0.31 | 8950.0 |
| AAPL | REDUCED | APPLE INC | COM | 037833100 | 3,123,641 | 0.31 | 10795.0 |
| - | ISHARES TR | ISHS 5-10YR INVT | 464288638 | 3,071,152 | 0.31 | 57761.0 | |
| CALM | REDUCED | CAL MAINE FOODS INC | COM NEW | 128030202 | 3,022,692 | 0.3 | 37521.0 |
| EME | REDUCED | EMCOR GROUP INC | COM | 29084Q100 | 2,990,058 | 0.3 | 3603.0 |
| TAP | REDUCED | MOLSON COORS BEVERAGE CO | CL B | 60871R209 | 2,922,273 | 0.29 | 75007.0 |
| VVV | REDUCED | VALVOLINE INC | COM | 92047W101 | 2,781,046 | 0.28 | 70335.0 |
| - | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | 2,758,516 | 0.28 | 11658.0 | |
| LMT | REDUCED | LOCKHEED MARTIN CORP | COM | 539830109 | 2,722,045 | 0.27 | 5343.0 |
| - | VANGUARD INDEX FDS | S&P 500 ETF SHS | 922908363 | 2,707,405 | 0.27 | 3942.0 | |
| HQY | REDUCED | HEALTHEQUITY INC | COM | 42226A107 | 2,495,903 | 0.25 | 27634.0 |
| - | JEFFERIES FINANCIAL GROUP IN | COM | 47233W109 | 2,255,847 | 0.23 | 45135.0 | |
| - | BOWHEAD SPECIALTY HLDGS INC | COM SHS | 10240L102 | 2,254,866 | 0.22 | 75338.0 | |
| FRME | REDUCED | FIRST MERCHANTS CORP | COM | 320817109 | 2,225,612 | 0.22 | 50941.0 |
| ALKT | REDUCED | ALKAMI TECHNOLOGY INC | COM | 01644J108 | 2,181,467 | 0.22 | 120390.0 |
| - | EAGLE MATLS INC | COM | 26969P108 | 2,164,500 | 0.22 | 9620.0 | |
| - | WESTERN ALLIANCE BANCORP | COM | 957638109 | 2,145,256 | 0.21 | 26098.0 | |
| AAP | ADDED | ADVANCE AUTO PARTS INC | COM | 00751Y106 | 2,122,324 | 0.21 | 34110.0 |
| CDW | ADDED | CDW CORP | COM | 12514G108 | 2,077,393 | 0.21 | 14771.0 |
| - | NVENT ELEC PLC | SHS | G6700G107 | 2,063,814 | 0.21 | 12168.0 | |
| SGHC | ADDED | SUPER GROUP SGHC LIMITED | ORD SHS | G8588X103 | 1,928,815 | 0.19 | 142348.0 |
| TEX | REDUCED | TEREX CORP NEW | COM | 880779103 | 1,895,025 | 0.19 | 26178.0 |
| ABG | REDUCED | ASBURY AUTOMOTIVE GROUP INC | COM | 043436104 | 1,891,560 | 0.19 | 9407.0 |
| - | ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | 1,773,892 | 0.18 | 14255.0 | |
| ARES | ADDED | ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 | 1,763,818 | 0.18 | 15846.0 |
| - | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | 1,756,455 | 0.18 | 24652.0 | |
| - | SPDR SERIES TRUST | ST STR SP BIOT | 78464A870 | 1,751,986 | 0.17 | 11071.0 | |
| NRG | ADDED | NRG ENERGY INC | COM NEW | 629377508 | 1,750,237 | 0.17 | 11983.0 |
| ORCL | REDUCED | ORACLE CORP | COM | 68389X105 | 1,732,368 | 0.17 | 11821.0 |
| JPM | REDUCED | JPMORGAN CHASE & CO | COM | 46625H100 | 1,710,954 | 0.17 | 5227.0 |
| AX | ADDED | AXOS FINANCIAL INC | COM | 05465C100 | 1,656,701 | 0.17 | 17011.0 |
| - | ISHARES TR | MBS ETF | 464288588 | 1,655,801 | 0.17 | 17518.0 | |
| - | BANK OF AMER CORP | COM | 060505104 | 1,633,389 | 0.16 | 28666.0 | |
| UNM | ADDED | UNUM GROUP | COM | 91529Y106 | 1,624,934 | 0.16 | 18176.0 |
| - | VANGUARD INDEX FDS | MID CAP ETF | 922908629 | 1,616,154 | 0.16 | 20059.0 | |
| ESI | REDUCED | ELEMENT SOLUTIONS INC | COM | 28618M106 | 1,603,302 | 0.16 | 33577.0 |
| SNX | REDUCED | TD SYNNEX CORPORATION | COM | 87162W100 | 1,598,159 | 0.16 | 5978.0 |
| - | MYERS INDS INC | COM | 628464109 | 1,596,153 | 0.16 | 45204.0 | |
| - | UNION PAC CORP | COM | 907818108 | 1,565,904 | 0.16 | 5757.0 | |
| EHC | ADDED | ENCOMPASS HEALTH CORP | COM | 29261A100 | 1,541,167 | 0.15 | 15247.0 |
| - | BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 1,530,193 | 0.15 | 3058.0 | |
| - | ALLISON TRANSMISSION HLDGS I | COM | 01973R101 | 1,502,373 | 0.15 | 13326.0 | |
| SR | ADDED | SPIRE INC | COM | 84857L101 | 1,488,630 | 0.15 | 19063.0 |
| OPLN | ADDED | OPENLANE INC | COM | 48238T109 | 1,465,670 | 0.15 | 35540.0 |
| RRX | REDUCED | REGAL REXNORD CORPORATION | COM | 758750103 | 1,457,008 | 0.15 | 6117.0 |
| FLYW | REDUCED | FLYWIRE CORPORATION | COM VTG | 302492103 | 1,410,959 | 0.14 | 80305.0 |
| - | TJX COS INC NEW | COM | 872540109 | 1,409,102 | 0.14 | 9301.0 | |
| - | M-TRON INDS INC | COM | 55380K109 | 1,354,786 | 0.14 | 13664.0 | |
| AXP | ADDED | AMERICAN EXPRESS CO | COM | 025816109 | 1,348,603 | 0.13 | 3987.0 |
| TNC | REDUCED | TENNANT CO | COM | 880345103 | 1,347,241 | 0.13 | 15390.0 |
| IVZ | ADDED | INVESCO LTD | SHS | G491BT108 | 1,339,952 | 0.13 | 50775.0 |
| ABT | ADDED | ABBOTT LABORATORIES | COM | 002824100 | 1,322,354 | 0.13 | 14573.0 |
| MTN | REDUCED | VAIL RESORTS INC | COM | 91879Q109 | 1,265,242 | 0.13 | 9293.0 |
| AZO | ADDED | AUTOZONE INC | COM | 053332102 | 1,176,106 | 0.12 | 368.0 |
| RAL | ADDED | RALLIANT CORP | COM | 750940108 | 1,175,797 | 0.12 | 15969.0 |
| - | CHESAPEAKE UTILS CORP | COM | 165303108 | 1,145,188 | 0.11 | 9350.0 | |
| - | PURSUIT ATTRACTIONS AND HOSP | COM | 92552R406 | 1,126,004 | 0.11 | 20118.0 | |
| - | BEL FUSE INC | CL B | 077347300 | 1,073,055 | 0.11 | 3222.0 | |
| TRS | ADDED | TRIMAS CORP | COM NEW | 896215209 | 1,036,636 | 0.1 | 23021.0 |
| DJCO | REDUCED | DAILY JOURNAL CORP | COM | 233912104 | 1,000,380 | 0.1 | 1664.0 |
| - | STOCK YDS BANCORP INC | COM | 861025104 | 993,957 | 0.1 | 12998.0 | |
| JXN | ADDED | JACKSON FINANCIAL INC | COM CL A | 46817M107 | 993,183 | 0.1 | 9700.0 |
| CMC | ADDED | COMMERCIAL METALS CO | COM | 201723103 | 987,936 | 0.1 | 15744.0 |
| MCD | REDUCED | MCDONALDS CORP | COM | 580135101 | 975,278 | 0.1 | 3608.0 |
| CVX | REDUCED | CHEVRON CORPORATION | COM | 166764100 | 920,963 | 0.09 | 5556.0 |
| SUPN | ADDED | SUPERNUS PHARMACEUTICALS | COM | 868459108 | 920,061 | 0.09 | 19782.0 |
| - | WEBSTER FINL CORP | COM | 947890109 | 915,053 | 0.09 | 11974.0 | |
| LEGH | REDUCED | LEGACY HOUSING CORP | COM | 52472M101 | 890,973 | 0.09 | 33916.0 |
| UNH | REDUCED | UNITEDHEALTH GROUP INC | COM | 91324P102 | 882,798 | 0.09 | 2124.0 |
| JBTM | ADDED | JBT MAREL CORPORATION | COM | 477839104 | 840,420 | 0.08 | 5796.0 |
| ACA | REDUCED | ARCOSA INC | COM | 039653100 | 826,845 | 0.08 | 5691.0 |
| ACVA | REDUCED | ACV AUCTIONS INC | COM CL A | 00091G104 | 823,715 | 0.08 | 114564.0 |
| BYD | ADDED | BOYD GAMING CORP | COM | 103304101 | 823,677 | 0.08 | 9325.0 |
| VVV | REDUCED | VALVOLINE INC | COM | 92047W101 | 802,741 | 0.08 | 20302.0 |
| COP | ADDED | CONOCOPHILLIPS | COM | 20825C104 | 795,086 | 0.08 | 7648.0 |
| ACIW | ADDED | ACI WORLDWIDE INC | COM | 004498101 | 791,665 | 0.08 | 15742.0 |
| - | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 | 782,184 | 0.08 | 10655.0 | |
| NIC | REDUCED | NICOLET BANKSHARES INC | COM | 65406E102 | 767,740 | 0.08 | 4642.0 |
| GLUE | ADDED | MONTE ROSA THERAPEUTICS INC | COM | 61225M102 | 759,783 | 0.08 | 31396.0 |
| - | NATIONAL PRESTO INDS INC | COM | 637215104 | 759,189 | 0.08 | 6074.0 | |
| - | PATRICK INDS INC | COM | 703343103 | 735,747 | 0.07 | 8195.0 | |
| PFGC | REDUCED | PERFORMANCE FOOD GROUP CO | COM | 71377A103 | 731,777 | 0.07 | 6546.0 |
| FUL | ADDED | FULLER H B CO | COM | 359694106 | 685,490 | 0.07 | 11760.0 |
| - | EAGLE MATLS INC | COM | 26969P108 | 667,800 | 0.07 | 2968.0 | |
| HQY | REDUCED | HEALTHEQUITY INC | COM | 42226A107 | 667,645 | 0.07 | 7392.0 |
| - | JEFFERIES FINANCIAL GROUP IN | COM | 47233W109 | 651,389 | 0.06 | 13033.0 | |
| - | BOWHEAD SPECIALTY HLDGS INC | COM SHS | 10240L102 | 641,400 | 0.06 | 21430.0 | |
| ALKT | REDUCED | ALKAMI TECHNOLOGY INC | COM | 01644J108 | 640,017 | 0.06 | 35321.0 |
| FRME | REDUCED | FIRST MERCHANTS CORP | COM | 320817109 | 628,000 | 0.06 | 14374.0 |
| HLLY | REDUCED | HOLLEY INC | COM | 43538H103 | 614,320 | 0.06 | 240910.0 |
| TOST | ADDED | TOAST INC | CL A | 888787108 | 610,705 | 0.06 | 21952.0 |
| G | ADDED | GENPACT LIMITED | SHS | G3922B107 | 594,798 | 0.06 | 21629.0 |
| - | SOUTHSTATE BK CORP | COM | 84472E102 | 592,906 | 0.06 | 5935.0 | |
| CALM | REDUCED | CAL MAINE FOODS INC | COM NEW | 128030202 | 571,251 | 0.06 | 7091.0 |
| - | PROGRESS SOFTWARE CORP | COM | 743312100 | 570,222 | 0.06 | 16981.0 | |
| TEX | REDUCED | TEREX CORP NEW | COM | 880779103 | 559,864 | 0.06 | 7734.0 |
| GENI | ADDED | GENIUS SPORTS LIMITED | SHARES CL A | G3934V109 | 555,884 | 0.06 | 91730.0 |
| BX | UNCHANGED | BLACKSTONE INC | COM | 09260D107 | 549,166 | 0.05 | 4667.0 |
| - | AMPHASTAR PHARMACEUTICALS IN | COM | 03209R103 | 511,301 | 0.05 | 25337.0 | |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 441,341 | 0.04 | 591.0 | |
| FLYW | REDUCED | FLYWIRE CORPORATION | COM VTG | 302492103 | 433,803 | 0.04 | 24690.0 |
| - | STOCK YDS BANCORP INC | COM | 861025104 | 427,008 | 0.04 | 5584.0 | |
| MTN | REDUCED | VAIL RESORTS INC | COM | 91879Q109 | 392,248 | 0.04 | 2881.0 |
| TNC | REDUCED | TENNANT CO | COM | 880345103 | 384,213 | 0.04 | 4389.0 |
| - | ISHARES TR | MSCI ACWI ETF | 464288257 | 351,206 | 0.04 | 2237.0 | |
| - | SPDR SERIES TRUST | ST STR SP DIV | 78464A763 | 329,318 | 0.03 | 2164.0 | |
| CUE | REDUCED | CUE BIOPHARMA INC | COM | 22978P205 | 270,564 | 0.03 | 8573.0 |
| - | PROSHARES TR | S&P 500 DV ARIST | 74348A467 | 250,586 | 0.02 | 4462.0 | |
| HLLY | REDUCED | HOLLEY INC | COM | 43538H103 | 191,023 | 0.02 | 74911.0 |
| ATOM | UNCHANGED | ATOMERA INC | COM | 04965B100 | 174,200 | 0.02 | 20000.0 |
| ABG | REDUCED | ASBURY AUTOMOTIVE GROUP INC | COM | 043436104 | 149,201 | 0.01 | 742.0 |
| BEATW | UNCHANGED | HEARTBEAM INC | COM | 42238H108 | 37,500 | 0.0 | 50000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 1,002,401,267 | 166 | 6.823418 | 0.303229 | 13.799003 |
| 2026-03-31 | 2026-05-14 | 813,482,284 | 170 | 7.531044 | 0.337613 | 16.382805 |
| 2025-12-31 | 2026-02-13 | 795,728,933 | 176 | 7.955986 | 0.355258 | 15.956437 |
| 2025-09-30 | 2025-11-13 | 761,444,940 | 182 | 7.951872 | 0.357797 | 16.13401 |
| 2025-03-31 | 2025-05-14 | 567,296,121 | 184 | 6.811616 | 0.294299 | 14.003296 |
| 2024-12-31 | 2025-02-13 | 601,664,765 | 189 | 7.303687 | 0.322096 | 16.190738 |