0001398344-19-008240.txt : 20190509 0001398344-19-008240.hdr.sgml : 20190509 20190509102555 ACCESSION NUMBER: 0001398344-19-008240 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190331 FILED AS OF DATE: 20190509 DATE AS OF CHANGE: 20190509 EFFECTIVENESS DATE: 20190509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Monarch Partners Asset Management LLC CENTRAL INDEX KEY: 0001568555 IRS NUMBER: 271468040 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-15158 FILM NUMBER: 19809248 BUSINESS ADDRESS: STREET 1: TWO INTERNATIONAL PLACE STREET 2: 25TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-419-2200 MAIL ADDRESS: STREET 1: TWO INTERNATIONAL PLACE STREET 2: 25TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001568555 XXXXXXXX 03-31-2019 03-31-2019 false Monarch Partners Asset Management LLC

TWO INTERNATIONAL PLACE 25TH FLOOR BOSTON MA 02110

13F HOLDINGS REPORT 028-15158 N Henry J Lawlor Jr 617-419-2200 /s/ Henry J Lawlor Jr Boston MA 05-09-2019 0 171 662767 INFORMATION TABLE 2 fp0041740_13fhr-table.xml 13F INFORMATION TABLE ABRAXAS PETE CORP COM 003830106 429 343182 SH SOLE 343182 0 0 AGREE REALTY CORP COM 008492100 5129 73966 SH SOLE 42962 0 31004 AIR TRANSPORT SERVICES GRP I COM 00922R105 603 26157 SH SOLE 26157 0 0 ALJ REGIONAL HLDGS INC COM 001627108 399 249344 SH SOLE 249344 0 0 ALLEGHENY TECHNOLOGIES INC COM 01741R102 9256 361996 SH SOLE 256276 0 105720 ALTRA INDL MOTION CORP COM 02208R106 9017 290396 SH SOLE 203092 0 87304 AMERICAN ASSETS TR INC COM 024013104 11656 254158 SH SOLE 173325 0 80833 AMERICAN CAMPUS CMNTYS INC COM 024835100 1480 31108 SH SOLE 1558 0 29550 AMERICAN OUTDOOR BRANDS CORP COM 02874P103 531 56904 SH SOLE 56904 0 0 AMERIS BANCORP COM 03076K108 4931 143540 SH SOLE 111810 0 31730 ANI PHARMACEUTICALS INC COM 00182C103 360 5100 SH SOLE 5100 0 0 ANTARES PHARMA INC COM 036642106 336 111050 SH SOLE 111050 0 0 AQUAVENTURE HLDGS LTD SHS G0443N107 4180 216029 SH SOLE 178639 0 37390 ARCOSA INC COM 039653100 11140 364647 SH SOLE 247283 0 117364 ARDMORE SHIPPING CORP COM Y0207T100 357 57943 SH SOLE 57943 0 0 ARGO GROUP INTL HLDGS LTD COM G0464B107 1350 19103 SH SOLE 958 0 18145 ATLANTIC CAP BANCSHARES INC COM 048269203 679 38062 SH SOLE 38062 0 0 ATLAS AIR WORLDWIDE HLDGS IN COM NEW 049164205 1006 19903 SH SOLE 1007 0 18896 AVISTA CORP COM 05379B107 6153 151479 SH SOLE 87954 0 63525 BANDWIDTH INC COM CL A 05988J103 652 9733 SH SOLE 9733 0 0 BERRY GLOBAL GROUP INC COM 08579W103 4857 90169 SH SOLE 44879 0 45290 BIOSPECIFICS TECHNOLOGIES CO COM 090931106 392 6296 SH SOLE 6296 0 0 BJS WHSL CLUB HLDGS INC COM 05550J101 5242 191308 SH SOLE 113656 0 77652 BLUELINX HLDGS INC COM NEW 09624H208 735 27597 SH SOLE 27597 0 0 BRIDGEWATER BANCSHARES INC COM ACCD INV 108621103 629 61044 SH SOLE 61044 0 0 BRINKS CO COM 109696104 21344 283039 SH SOLE 191340 0 91699 BRUNSWICK CORP COM 117043109 9204 182879 SH SOLE 129513 0 53366 CALLON PETE CO DEL COM 13123X102 5023 665239 SH SOLE 339960 0 325279 CAMDEN NATL CORP COM 133034108 954 22862 SH SOLE 22862 0 0 CARETRUST REIT INC COM 14174T107 6179 263367 SH SOLE 205240 0 58127 CAROLINA FINL CORP NEW COM 143873107 710 20530 SH SOLE 20530 0 0 CARROLS RESTAURANT GROUP INC COM 14574X104 3955 396726 SH SOLE 272612 0 124114 CENTERSTATE BK CORP COM 15201P109 2179 91509 SH SOLE 4609 0 86900 CENTURY CASINOS INC COM 156492100 1071 118241 SH SOLE 118241 0 0 CENTURY CMNTYS INC COM 156504300 674 28110 SH SOLE 28110 0 0 CHARAH SOLUTIONS INC COM 15957P105 580 90661 SH SOLE 90661 0 0 CHARLES RIV LABS INTL INC COM 159864107 6559 45160 SH SOLE 30544 0 14616 CHERRY HILL MTG INVT CORP COM 164651101 849 49292 SH SOLE 49292 0 0 CITY OFFICE REIT INC COM 178587101 913 80694 SH SOLE 80694 0 0 CIVISTA BANCSHARES INC COM NO PAR 178867107 943 43207 SH SOLE 43207 0 0 COLLEGIUM PHARMACEUTICAL INC COM 19459J104 511 33770 SH SOLE 33770 0 0 COMMUNITY BANKERS TR CORP COM 203612106 659 90050 SH SOLE 90050 0 0 CONNECTONE BANCORP INC NEW COM 20786W107 913 46349 SH SOLE 46349 0 0 CONSTRUCTION PARTNERS INC COM CL A 21044C107 806 63122 SH SOLE 63122 0 0 CORESITE RLTY CORP COM 21870Q105 335 3130 SH SOLE 3055 0 75 COWEN INC CL A NEW 223622606 6801 469388 SH SOLE 402588 0 66800 CRYOLIFE INC COM 228903100 3229 110708 SH SOLE 86219 0 24489 CYPRESS SEMICONDUCTOR CORP COM 232806109 6372 427067 SH SOLE 356981 0 70086 DENNYS CORP COM 24869P104 8827 481044 SH SOLE 311394 0 169650 DMC GLOBAL INC COM 23291C103 596 12000 SH SOLE 12000 0 0 DUCOMMUN INC DEL COM 264147109 548 12601 SH SOLE 12601 0 0 EAGLE BULK SHIPPING INC SHS NEW Y2187A143 326 70076 SH SOLE 70076 0 0 EASTGROUP PPTY INC COM 277276101 2537 22729 SH SOLE 13198 0 9531 ENERGY RECOVERY INC COM 29270J100 669 76635 SH SOLE 76635 0 0 ENOVA INTL INC COM 29357K103 604 26468 SH SOLE 26468 0 0 EVERI HLDGS INC COM 30034T103 1099 104480 SH SOLE 104480 0 0 EXANTAS CAP CORP COM NEW 30068N105 1198 112732 SH SOLE 112732 0 0 EXELIXIS INC COM 30161Q104 2439 102497 SH SOLE 13467 0 89030 FIRST BANCSHARES INC MS COM 318916103 870 28160 SH SOLE 28160 0 0 FIRST INTST BANCSYSTEM INC COM CL A 32055Y201 11257 282701 SH SOLE 185660 0 97041 FLY LEASING LTD SPONSORED ADR 34407D109 2311 166985 SH SOLE 166985 0 0 FRONT YD RESIDENTIAL CORP COM 35904G107 3981 429400 SH SOLE 356250 0 73150 GENERAL FIN CORP DEL COM 369822101 654 70150 SH SOLE 70150 0 0 GETTY RLTY CORP NEW COM 374297109 6362 198626 SH SOLE 164856 0 33770 GIBRALTAR INDS INC COM 374689107 2662 65556 SH SOLE 51141 0 14415 GLOBUS MED INC CL A 379577208 8122 164387 SH SOLE 110012 0 54375 GRANITE CONSTR INC COM 387328107 6721 155754 SH SOLE 131189 0 24565 GRANITE PT MTG TR INC COM 38741L107 7586 408483 SH SOLE 346233 0 62250 GREAT AJAX CORP COM 38983D300 998 72665 SH SOLE 72665 0 0 GREAT ELM CAP CORP COM 390320109 488 59027 SH SOLE 59027 0 0 GREAT ELM CAP GROUP INC COM NEW 39036P209 1046 246035 SH SOLE 246035 0 0 GREEN BRICK PARTNERS INC COM 392709101 750 85658 SH SOLE 85658 0 0 GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 622 57227 SH SOLE 57227 0 0 HANCOCK WHITNEY CORPORATION COM 410120109 7528 186348 SH SOLE 158321 0 28027 HANGER INC COM NEW 41043F208 606 31794 SH SOLE 31794 0 0 HANOVER INS GROUP INC COM 410867105 11989 105008 SH SOLE 71065 0 33943 HARVARD BIOSCIENCE INC COM 416906105 469 108840 SH SOLE 108840 0 0 HEALTH INS INNOVATIONS INC COM CL A 42225K106 300 11185 SH SOLE 11185 0 0 HERCULES CAPITAL INC COM 427096508 6030 476287 SH SOLE 318071 0 158216 HERITAGE CRYSTAL CLEAN INC COM 42726M106 733 26716 SH SOLE 26716 0 0 HOWARD HUGHES CORP COM 44267D107 13907 126425 SH SOLE 85705 0 40720 IBERIABANK CORP COM 450828108 7916 110388 SH SOLE 93030 0 17358 IES HLDGS INC COM 44951W106 751 42276 SH SOLE 42276 0 0 INNOVATIVE INDL PPTYS INC COM 45781V101 558 6832 SH SOLE 6832 0 0 INTEGRA LIFESCIENCES HLDGS C COM NEW 457985208 3104 55702 SH SOLE 30457 0 25245 INVACARE CORP COM 461203101 680 81259 SH SOLE 81259 0 0 INVESTORS BANCORP INC NEW COM 46146L101 4565 385235 SH SOLE 303570 0 81665 JAMES RIV GROUP LTD COM G5005R107 5289 131956 SH SOLE 78333 0 53623 JERNIGAN CAP INC COM 476405105 948 45065 SH SOLE 45065 0 0 KBR INC COM 48242W106 6989 366097 SH SOLE 310748 0 55349 KINGSTONE COS INC COM 496719105 702 47602 SH SOLE 47602 0 0 KIRBY CORP COM 497266106 11151 148462 SH SOLE 97973 0 50489 KNIGHT SWIFT TRANSN HLDGS IN CL A 499049104 10770 329559 SH SOLE 214244 0 115315 LADDER CAP CORP CL A 505743104 11189 657390 SH SOLE 432165 0 225225 LAUREATE EDUCATION INC CL A 518613203 6371 425599 SH SOLE 357291 0 68308 LEGACY HOUSING CORP COM 52472M101 511 42951 SH SOLE 42951 0 0 LIBERTY PPTY TR SH BEN INT 531172104 1304 26929 SH SOLE 1359 0 25570 LINDBLAD EXPEDITIONS HLDGS I COM 535219109 6452 423094 SH SOLE 370363 0 52731 LONESTAR RES US INC CL A VTG 54240F103 503 125421 SH SOLE 125421 0 0 LUXFER HOLDINGS PLC SHS G5698W116 845 33846 SH SOLE 33846 0 0 MARLIN BUSINESS SVCS CORP COM 571157106 643 29915 SH SOLE 29915 0 0 MASTERCRAFT BOAT 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733398 SH SOLE 645816 0 87582 NOMAD FOODS LTD USD ORD SHS G6564A105 11878 580835 SH SOLE 392396 0 188439 NOODLES & CO COM CL A 65540B105 421 61930 SH SOLE 61930 0 0 OAKTREE SPECIALTY LENDING CO COM 67401P108 927 178953 SH SOLE 178953 0 0 OGE ENERGY CORP COM 670837103 2585 59955 SH SOLE 9990 0 49965 OLD LINE BANCSHARES INC COM 67984M100 701 28105 SH SOLE 28105 0 0 OLIN CORP COM PAR $1 680665205 9168 396215 SH SOLE 266375 0 129840 ON SEMICONDUCTOR CORP COM 682189105 622 30248 SH SOLE 1518 0 28730 ONEMAIN HLDGS INC COM 68268W103 5053 159139 SH SOLE 118639 0 40500 ONESPAWORLD HOLDINGS LIMITED COM P73684113 649 47500 SH SOLE 47500 0 0 OSHKOSH CORP COM 688239201 1421 18910 SH SOLE 2950 0 15960 PACWEST BANCORP DEL COM 695263103 2449 65122 SH SOLE 37945 0 27177 PARK HOTELS RESORTS INC COM 700517105 3111 100095 SH SOLE 15920 0 84175 PARSLEY ENERGY INC CL A 701877102 8861 459100 SH SOLE 386175 0 72925 PDC ENERGY INC COM 69327R101 6899 169594 SH SOLE 114784 0 54810 PERFICIENT INC COM 71375U101 4651 169798 SH SOLE 138818 0 30980 PINNACLE FINL PARTNERS INC COM 72346Q104 4667 85320 SH SOLE 48395 0 36925 POPULAR INC COM NEW 733174700 663 12724 SH SOLE 644 0 12080 PORTLAND GEN ELEC CO COM NEW 736508847 5122 98805 SH SOLE 57354 0 41451 PREFERRED APT CMNTYS INC COM 74039L103 752 50730 SH SOLE 50730 0 0 PROPETRO HLDG CORP COM 74347M108 8019 355765 SH SOLE 238395 0 117370 PROS HOLDINGS INC COM 74346Y103 9487 224601 SH SOLE 151912 0 72689 PURECYCLE CORP COM NEW 746228303 756 76646 SH SOLE 76646 0 0 PVH CORP COM 693656100 2899 23768 SH SOLE 3713 0 20055 QCR HOLDINGS INC COM 74727A104 566 16689 SH SOLE 16689 0 0 RADWARE LTD ORD M81873107 6511 249160 SH SOLE 209915 0 39245 REALPAGE INC COM 75606N109 1764 29060 SH SOLE 1427 0 27633 RECRO PHARMA INC COM 75629F109 386 65917 SH SOLE 65917 0 0 RUDOLPH TECHNOLOGIES INC COM 781270103 596 26140 SH SOLE 26140 0 0 SANTANDER CONSUMER USA HDG I COM 80283M101 1344 63618 SH SOLE 0 0 63618 SAPIENS INTL CORP N V SHS G7T16G103 548 35856 SH SOLE 35856 0 0 SEASPINE HLDGS CORP COM 81255T108 653 43297 SH SOLE 43297 0 0 SKYLINE CHAMPION CORPORATION COM 830830105 9736 512425 SH SOLE 350095 0 162330 SPARTAN MTRS INC COM 846819100 287 32457 SH SOLE 32457 0 0 STERLING BANCORP DEL COM 85917A100 2311 124057 SH SOLE 71151 0 52906 STERLING CONSTRUCTION CO INC COM 859241101 526 41998 SH SOLE 41998 0 0 MADDEN STEVEN LTD COM 556269108 11073 327228 SH SOLE 217589 0 109639 STORE CAP CORP COM 862121100 3187 95138 SH SOLE 15913 0 79225 SUMMIT HOTEL PPTYS INC COM 866082100 8167 715800 SH SOLE 482050 0 233750 SYNOVUS FINL CORP COM NEW 87161C501 4158 121015 SH SOLE 66335 0 54680 TARGET HOSPITALITY CORP COM 87615L107 4256 447990 SH SOLE 371980 0 76010 TECNOGLASS INC SHS G87264100 746 102510 SH SOLE 102510 0 0 PROVIDENCE SVC CORP COM 743815102 2884 43295 SH SOLE 35776 0 7519 TRECORA RES COM 894648104 578 63615 SH SOLE 63615 0 0 TRIUMPH BANCORP INC COM 89679E300 3617 123081 SH SOLE 110510 0 12571 U S CONCRETE INC COM NEW 90333L201 404 9750 SH SOLE 9750 0 0 UNION BANKSHARES CORP NEW COM 90539J109 8704 269223 SH SOLE 227143 0 42080 UNITIL CORP COM 913259107 12878 237731 SH SOLE 168096 0 69635 UNIVERSAL STAINLESS & ALLOY COM 913837100 287 17310 SH SOLE 17310 0 0 UPLAND SOFTWARE INC COM 91544A109 887 20928 SH SOLE 20928 0 0 VIRTUSA CORP COM 92827P102 6992 130813 SH SOLE 84363 0 46450 VOYA FINL INC COM 929089100 6475 129597 SH SOLE 81352 0 48245 WINTRUST FINL CORP COM 97650W108 4518 67095 SH SOLE 38325 0 28770 WNS HOLDINGS LTD SPON ADR 92932M101 7091 133114 SH SOLE 90088 0 43026 WORLD FUEL SVCS CORP COM 981475106 7611 263431 SH SOLE 222778 0 40653 XENIA HOTELS & RESORTS INC COM 984017103 10813 493535 SH SOLE 334485 0 159050