13F holdings as of 2025-09-30 · vs 2025-06-30 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | NPOENPRO INC | ADD | 249K | $56.3M | 5.1% | +$10.5M |
| 2 | BWXTBWX TECHNOLOGIES INC | TRIM | 290K | $53.4M | 4.9% | +$5.0M |
| 3 | AZZAZZ INC | TRIM | 485K | $53.0M | 4.8% | -$3.7M |
| 4 | GLDDGREAT LAKES DREDGE & DOCK CO | TRIM | 3.7M | $44.4M | 4.0% | -$1.1M |
| 5 | ADEAADEIA INC | TRIM | 2.6M | $43.9M | 4.0% | -$1.2M |
| 6 | LASRNLIGHT INC | TRIM | 1.4M | $41.4M | 3.8% | -$66K |
| 7 | BVBRIGHTVIEW HLDGS INC | ADD | 2.9M | $39.5M | 3.6% | -$7.2M |
| 8 | WCNWASTE CONNECTIONS INC | TRIM | 224K | $39.4M | 3.6% | -$14.3M |
| 9 | MTRNMATERION CORP | NEW | 318K | $38.4M | 3.5% | new |
| 10 | MKSIMKS INC. | ADD | 289K | $35.8M | 3.3% | +$9.0M |
| 11 | THRMGENTHERM INC | ADD | 1.0M | $34.9M | 3.2% | +$18.1M |
| 12 | NGVTINGEVITY CORP | ADD | 601K | $33.2M | 3.0% | +$8.5M |
| 13 | CALXCALIX INC | ADD | 534K | $32.7M | 3.0% | +$4.9M |
| 14 | AWIARMSTRONG WORLD INDS INC NEW | TRIM | 166K | $32.6M | 3.0% | -$2.2M |
| 15 | MLMMARTIN MARIETTA MATLS INC | ADD | 51K | $32.2M | 2.9% | +$5.9M |
| 16 | BATRKATLANTA BRAVES HLDGS INC | ADD | 742K | $30.8M | 2.8% | -$2.3M |
| 17 | 55345K103 | ADD | 2.0M | $29.4M | 2.7% | +$2.9M |
| 18 | LFUSLITTELFUSE INC | ADD | 109K | $28.2M | 2.6% | +$13.0M |
| 19 | SMGSCOTTS MIRACLE-GRO CO | ADD | 472K | $26.9M | 2.4% | -$3.3M |
| 20 | ULSUL SOLUTIONS INC | ADD | 370K | $26.2M | 2.4% | +$1.9M |
| 21 | CHECK POINT SOFTWARE TECH LT | ADD | 123K | $25.4M | 2.3% | -$1.3M |
| 22 | ASTEASTEC INDS INC | ADD | 501K | $24.1M | 2.2% | +$10.0M |
| 23 | VRNSVARONIS SYS INC | ADD | 406K | $23.3M | 2.1% | +$3.6M |
| 24 | RTORENTOKIL INITIAL PLC | TRIM | 885K | $22.3M | 2.0% | -$6.9M |
| 25 | CYBERARK SOFTWARE LTD | ADD | 44K | $21.4M | 1.9% | +$5.4M |
| 26 | NOKNOKIA CORP | ADD | 4.3M | $20.6M | 1.9% | -$1.1M |
| 27 | THRTHERMON GROUP HLDGS INC | ADD | 772K | $20.6M | 1.9% | +$2.7M |
| 28 | CTSCTS CORP | ADD | 494K | $19.7M | 1.8% | +$7.7M |
| 29 | CWSTCASELLA WASTE SYS INC | ADD | 196K | $18.6M | 1.7% | +$3.6M |
| 30 | ORION S.A. | 2.4M | $18.4M | 1.7% | -$7.1M | |
| 31 | MANCHESTER UTD PLC NEW | ADD | 1.1M | $16.7M | 1.5% | -$258K |
| 32 | 92719V100 | ADD | 2.0M | $15.4M | 1.4% | +$7.5M |
| 33 | QQQINVESCO QQQ TR | ADD | 24K | $14.7M | 1.3% | +$5.1M |
| 34 | KNKNOWLES CORP | NEW | 623K | $14.5M | 1.3% | new |
| 35 | RISKIFIED LTD | ADD | 3.1M | $14.5M | 1.3% | +$1.7M |
| 36 | VPGVISHAY PRECISION GROUP INC | ADD | 372K | $11.9M | 1.1% | +$3.3M |
| 37 | MTRXMATRIX SVC CO | TRIM | 852K | $11.1M | 1.0% | -$5.4M |
| 38 | DECKDECKERS OUTDOOR CORP | NEW | 100K | $10.1M | 0.9% | new |
| 39 | IWMISHARES TR | 40K | $9.7M | 0.9% | +$1.0M | |
| 40 | APLDAPPLIED DIGITAL CORP | 250K | $5.7M | 0.5% | +$3.2M | |
| 41 | ICHOR HOLDINGS | NEW | 182K | $3.2M | 0.3% | new |
| 42 | MIAXMIAMI INTL HLDGS INC | NEW | 50K | $2.0M | 0.2% | new |
| 43 | SSTISOUNDTHINKING INC | TRIM | 150K | $1.8M | 0.2% | -$1.8M |
| 44 | HBIOUSDHARVARD BIOSCIENCE INC | TRIM | 2.1M | $899K | 0.1% | -$51K |
Source: SEC Form 13F. Values are as-of 2025-09-30 (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).