ADVISORY RESEARCH INC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, ADVISORY RESEARCH INC maintained a portfolio of 161 distinct positions. The most significant new addition to the portfolio was ACV AUCTIONS INC, which now represents 1.10% of the total fund value. They heavily accumulated shares in TRIMAS CORP, increasing their position by 46.0%. The fund also reduced its exposure to BEL FUSE INC by 30.4%.
PCA Score Concentration Risk
Risk ENB
Total Positions
161
Quarter
2025 Q4
Top Holding
TRS (4.9%)
Top 10 Concentration
37.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 161
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
TRS
TRIMAS CORP
Consumer Cyclical 4.88% 3.81% #1 2
Prev: #3
6.5 345,425 46.0%
P
S
1,096,013 $38,853,661 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KAR
OPENLANE INC
Consumer Cyclical 4.24% 3.85% #2
Prev: #2
5.2 115,724 11.4%
P
S
1,133,355 $33,751,312 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
TAIWAN SEMICOND...
Technology 4.07% 3.85% #3 2
Prev: #1
3.1 1,684 1.6%
P
S
106,654 $32,411,071 2002 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
DJCO
DAILY JOURNAL C...
Technology 4.02% 3.51% #4 3
Prev: #7
4.1 8,097 14.1%
P
S
65,564 $31,950,648 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TPR
TAPESTRY INC
Consumer Cyclical 3.72% 3.39% #5 4
Prev: #9
2.5 3,301 1.4%
P
S
231,408 $29,566,942 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
PM
PHILIP MORRIS I...
Consumer Defensive 3.60% 3.73% #6 2
Prev: #4
1.9 3,275 1.9%
P
S
178,542 $28,638,123 2008 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
BROADCOM INC
Technology 3.59% 3.71% #7 2
Prev: #5
1.9 -3,305 -3.9%
P
S
82,424 $28,527,004 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
ALPHABET INC
Communication Services 3.57% 2.93% #8 2
Prev: #10
1.9 -1,253 -1.4%
P
S
90,667 $28,378,641 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MYE
MYERS INDS INC
Consumer Cyclical 3.07% 1.57% #9 13
Prev: #22
4.2 596,848 84.5%
P
S
1,302,928 $24,390,812 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
PRSU
PURSUIT ATTRACT...
Consumer Cyclical 2.94% 3.45% #10 2
Prev: #8
1.7 -31,963 -4.4%
P
S
694,821 $23,401,571 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BELFB
BEL FUSE INC
Technology 2.87% 3.58% #11 5
Prev: #6
1.1 -58,770 -30.4%
P
S
134,790 $22,864,428 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MTG
MGIC INVT CORP ...
Financial Services 2.81% 2.79% #12
Prev: #12
1.6 14,407 1.9%
P
S
764,479 $22,338,070 2003 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 2.54% 2.84% #13 2
Prev: #11
1.5 -7 -0.0%
P
S
41,743 $20,187,676 1999 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JBTM
JBT MAREL CORPO...
Industrials 2.47% 2.44% #14 1
Prev: #13
1.5 -1,672 -1.3%
P
S
130,399 $19,647,217 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CME
CME GROUP INC
Financial Services 2.14% 2.17% #15
Prev: #15
1.4 1,305 2.1%
P
S
62,402 $17,040,669 2007 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PHIN
PHINIA INC
Consumer Cyclical 2.12% 2.07% #16 1
Prev: #17
1.3 -4,305 -1.6%
P
S
269,625 $16,902,792 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
KDP
KEURIG DR PEPPE...
Consumer Defensive 2.07% 1.27% #17 9
Prev: #26
3.8 211,273 55.9%
P
S
589,003 $16,497,984 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ABBV
ABBVIE INC
Healthcare 2.03% 2.13% #18 2
Prev: #16
1.3 692 1.0%
P
S
70,693 $16,152,754 2014 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GSK
GSK PLC
Healthcare 2.00% 1.80% #19 1
Prev: #20
1.3 7,074 2.2%
P
S
323,838 $15,881,036 2011 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AEP
AMERICAN ELEC P...
Utilities 1.98% 1.97% #20 2
Prev: #18
1.3 2,666 2.0%
P
S
136,315 $15,718,502 2014 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
LEGH
LEGACY HOUSING ...
Consumer Cyclical 1.79% 2.38% #21 7
Prev: #14
2.7 72,573 11.0%
P
S
730,944 $14,268,027 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
PFGC
PERFORMANCE FOO...
Consumer Defensive 1.53% 1.93% #22 3
Prev: #19
1.1 -5,409 -3.8%
P
S
135,766 $12,208,079 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
KB
KB FINL GROUP I...
Financial Services 1.32% 1.31% #23 1
Prev: #24
1.0 1,514 1.3%
P
S
122,024 $10,498,929 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
Communication Services 1.31% 1.62% #24 3
Prev: #21
1.0 -979 -5.8%
P
S
15,823 $10,444,697 2014 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HUBB
HUBBELL INC
Industrials 1.31% 1.29% #25
Prev: #25
1.0 551 2.4%
P
S
23,460 $10,418,951 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ACVA
ACV AUCTIONS IN...
Consumer Cyclical 1.10% #26
Prev: #—
3.9 1,092,747 no change
NEW
1,092,747 $8,763,831 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EEX
EMERALD HOLDING...
Communication Services 1.01% 1.19% #27
Prev: #27
0.9 13,015 0.7%
P
S
1,789,157 $7,997,532 2018 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HLLY
HOLLEY INC
Consumer Cyclical 1.00% 0.93% #28 3
Prev: #31
0.9 -319,244 -14.2%
P
S
1,930,756 $7,974,022 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LAMR
LAMAR ADVERTISI...
Real Estate 0.96% 0.95% #29 1
Prev: #30
0.9 1,290 2.2%
P
S
60,425 $7,648,643 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SGOV
ISHARES TR
Bond/Debt 0.91% 0.68% #30 4
Prev: #34
2.9 21,061 41.2%
P
S
72,188 $7,246,231 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FERG
FERGUSON ENTERP...
Industrials 0.89% 0.97% #31 2
Prev: #29
0.9 -861 -2.6%
P
S
31,948 $7,112,481 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BTI
BRITISH AMERN T...
Consumer Defensive 0.84% 0.36% #32 27
Prev: #59
3.3 66,334 128.9%
P
S
117,802 $6,669,923 2017 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
UL
UNILEVER PLC
Consumer Defensive 0.79% 0.83% #33 1
Prev: #32
0.8 -10,556 -9.8%
P
S
96,671 $6,322,283 2011 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
LRCX
LAM RESEARCH CO...
Technology 0.60% 0.49% #34 8
Prev: #42
0.7 473 1.7%
P
S
28,106 $4,811,185 2014 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NIC
NICOLET BANKSHA...
Financial Services 0.60% 0.74% #35 2
Prev: #33
0.7 -2,480 -5.9%
P
S
39,596 $4,802,995 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SSB
SOUTHSTATE BK C...
Financial Services 0.56% 0.62% #36 1
Prev: #35
0.7 -585 -1.2%
P
S
47,285 $4,449,992 2017 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HMC
HONDA MOTOR LTD
Consumer Cyclical 0.53% 0.59% #37 1
Prev: #36
0.7 -2,631 -1.8%
P
S
142,234 $4,193,066 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
VGSH
VANGUARD SCOTTS...
ETF 0.51% 0.54% #38 1
Prev: #37
1.2 no change no change
P
S
69,657 $4,090,956 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
STLD
STEEL DYNAMICS ...
Basic Materials 0.49% 0.41% #39 12
Prev: #51
0.7 474 2.1%
P
S
22,827 $3,868,035 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
DAC
DANAOS CORPORAT...
Industrials 0.47% 0.46% #40 4
Prev: #44
0.7 921 2.4%
P
S
39,648 $3,734,049 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VCIT
VANGUARD SCOTTS...
Bond/Debt 0.47% 0.49% #41
Prev: #41
1.2 no change no change
P
S
44,466 $3,724,028 2016 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TAP
MOLSON COORS BE...
Consumer Defensive 0.47% 0.32% #42 28
Prev: #70
2.7 25,364 46.8%
P
S
79,559 $3,713,814 2014 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SHV
ISHARES TR
ETF 0.46% 0.52% #43 3
Prev: #40
0.7 -2,267 -6.3%
P
S
33,491 $3,689,034 2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VUSB
VANGUARD BD IND...
ETF 0.46% 0.30% #44 29
Prev: #73
3.2 28,036 61.8%
P
S
73,411 $3,658,804 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CALM
CAL MAINE FOODS...
Consumer Defensive 0.44% #45
Prev: #—
3.7 43,851 no change
NEW
43,851 $3,489,225 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ACA
ARCOSA INC
Industrials 0.42% 0.41% #46 3
Prev: #49
0.7 -1,851 -5.5%
P
S
31,774 $3,378,212 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HD
HOME DEPOT INC
Consumer Cyclical 0.42% 0.52% #47 8
Prev: #39
0.7 -79 -0.8%
P
S
9,727 $3,347,061 2001 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
Technology 0.40% 0.39% #48 7
Prev: #55
0.7 7 0.1%
P
S
11,792 $3,205,773 2004 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VCSH
VANGUARD SCOTTS...
ETF 0.40% 0.40% #49 5
Prev: #54
0.7 1,254 3.3%
P
S
39,811 $3,174,131 2016 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
IGIB
ISHARES TR
ETF 0.39% 0.41% #50
Prev: #50
1.2 no change no change
P
S
57,761 $3,112,163 2016 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 161 holdings

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