13F holdings as of 2025-03-31 · vs 2024-12-31 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | WCNWASTE CONNECTIONS INC | ADD | 286K | $55.8M | 6.6% | +$8.8M |
| 2 | AZZAZZ INC | TRIM | 647K | $54.1M | 6.4% | -$1.7M |
| 3 | ADEAADEIA INC | ADD | 3.2M | $41.9M | 5.0% | -$1.7M |
| 4 | RTORENTOKIL INITIAL PLC | ADD | 1.6M | $37.6M | 4.5% | -$3.6M |
| 5 | NPOENPRO INC | ADD | 230K | $37.2M | 4.4% | -$296K |
| 6 | BVBRIGHTVIEW HLDGS INC | ADD | 2.6M | $33.1M | 3.9% | +$2.0M |
| 7 | GLDDGREAT LAKES DREDGE & DOCK CO | ADD | 3.7M | $32.5M | 3.9% | -$9.3M |
| 8 | BWXTBWX TECHNOLOGIES INC | TRIM | 329K | $32.5M | 3.8% | -$6.9M |
| 9 | AWIARMSTRONG WORLD INDS INC NEW | 214K | $30.1M | 3.6% | -$96K | |
| 10 | 311642102 | ADD | 1.0M | $28.2M | 3.3% | +$2.1M |
| 11 | CHECK POINT SOFTWARE TECH LT | ADD | 120K | $27.4M | 3.2% | +$6.9M |
| 12 | ORION S.A. | ADD | 2.1M | $27.1M | 3.2% | -$1.4M |
| 13 | BATRKATLANTA BRAVES HLDGS INC | ADD | 661K | $26.4M | 3.1% | +$3.8M |
| 14 | LFUSLITTELFUSE INC | ADD | 121K | $23.8M | 2.8% | -$4.5M |
| 15 | NOKNOKIA CORP | NEW | 4.2M | $22.0M | 2.6% | new |
| 16 | 55345K103 | ADD | 1.9M | $21.5M | 2.6% | +$3.1M |
| 17 | MKSIMKS INC. | ADD | 261K | $20.9M | 2.5% | +$1.1M |
| 18 | THRTHERMON GROUP HLDGS INC | TRIM | 703K | $19.6M | 2.3% | -$2.4M |
| 19 | MTRXMATRIX SVC CO | ADD | 1.5M | $19.1M | 2.3% | +$837K |
| 20 | VRNSVARONIS SYS INC | TRIM | 463K | $18.7M | 2.2% | -$3.5M |
| 21 | ULSUL SOLUTIONS INC | ADD | 332K | $18.7M | 2.2% | +$3.1M |
| 22 | CALXCALIX INC | ADD | 521K | $18.5M | 2.2% | +$3.6M |
| 23 | LASRNLIGHT INC | ADD | 2.1M | $16.1M | 1.9% | -$2.5M |
| 24 | ENTGENTEGRIS INC | ADD | 165K | $14.4M | 1.7% | +$2.4M |
| 25 | NGVTINGEVITY CORP | ADD | 359K | $14.2M | 1.7% | +$990K |
| 26 | CTSCTS CORP | ADD | 337K | $14.0M | 1.7% | -$3.0M |
| 27 | THRMGENTHERM INC | ADD | 520K | $13.9M | 1.6% | -$42K |
| 28 | MLMMARTIN MARIETTA MATLS INC | ADD | 28K | $13.4M | 1.6% | +$733K |
| 29 | CYBERARK SOFTWARE LTD | 39K | $13.2M | 1.6% | +$189K | |
| 30 | 83417Q204 | TRIM | 712K | $13.1M | 1.6% | +$2.6M |
| 31 | MANCHESTER UTD PLC NEW | ADD | 945K | $12.4M | 1.5% | -$2.8M |
| 32 | RISKIFIED LTD | ADD | 2.6M | $11.8M | 1.4% | +$289K |
| 33 | ASTEASTEC INDS INC | ADD | 335K | $11.5M | 1.4% | +$1.8M |
| 34 | SMGSCOTTS MIRACLE-GRO CO | NEW | 196K | $10.8M | 1.3% | new |
| 35 | SDASEALED AIR CORP NEW | ADD | 367K | $10.6M | 1.3% | -$541K |
| 36 | 92719V100 | TRIM | 2.0M | $10.3M | 1.2% | -$16.7M |
| 37 | VPGVISHAY PRECISION GROUP INC | TRIM | 305K | $7.3M | 0.9% | -$2.0M |
| 38 | SSTISOUNDTHINKING INC | ADD | 269K | $4.6M | 0.5% | +$2.7M |
| 39 | CPRTCOPART INC | 44K | $2.5M | 0.3% | -$35K | |
| 40 | APLDAPPLIED DIGITAL CORP | 250K | $1.4M | 0.2% | -$505K | |
| 41 | HBIOUSDHARVARD BIOSCIENCE INC | TRIM | 2.2M | $1.2M | 0.1% | -$4.4M |
Source: SEC Form 13F. Values are as-of 2025-03-31 (quarter-end), not live. Percentages are of reported 13F value, not the fund’s full AUM (13F excludes shorts, cash, bonds, most non-US holdings).