0001573913-24-000004.txt : 20240508 0001573913-24-000004.hdr.sgml : 20240508 20240508133155 ACCESSION NUMBER: 0001573913-24-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240508 DATE AS OF CHANGE: 20240508 EFFECTIVENESS DATE: 20240508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Foundry Partners, LLC CENTRAL INDEX KEY: 0001573913 ORGANIZATION NAME: IRS NUMBER: 461184506 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-15710 FILM NUMBER: 24925167 BUSINESS ADDRESS: STREET 1: 510 FIRST AVENUE NORTH STREET 2: SUITE 601 CITY: MINNEAPOLIS STATE: MN ZIP: 55403 BUSINESS PHONE: 612-376-2800 MAIL ADDRESS: STREET 1: 510 FIRST AVENUE NORTH STREET 2: SUITE 601 CITY: MINNEAPOLIS STATE: MN ZIP: 55403 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001573913 XXXXXXXX 03-31-2024 03-31-2024 Foundry Partners, LLC
510 FIRST AVENUE NORTH SUITE 601 MINNEAPOLIS MN 55403
13F HOLDINGS REPORT 028-15710 000164863 801-76953 N
Sarah Schmidt Consultant 5672042043 Sarah Schmidt Covington KY 05-08-2024 0 293 1873827024 false
INFORMATION TABLE 2 q1.xml ALPINE INCOME REIT 02083X103 2750935 180035 SH SOLE 63645 0 116390 APPLE HOSPITALITY REIT REIT 03784Y200 5695604 347717 SH SOLE 347717 0 0 BROADSTONE NET LEASE INC REIT 11135E203 291274 18588 SH SOLE 9578 0 9010 COMMUNITY HEALTHCARE TRUST REIT 20369C106 3504069 131980 SH SOLE 45380 0 86600 CORECIVIC INC REIT 21871N101 8277000 530237 SH SOLE 530237 0 0 EMPIRE STATE REALTY TRUST INC REIT 292104106 6634451 654931 SH SOLE 654931 0 0 ESSENTIAL PROPERTIES REALTY REIT 29670E107 422054 15831 SH SOLE 8346 0 7485 NEWMARK GROUP INC REIT 65158N102 8852726 798262 SH SOLE 798262 0 0 POSTAL REALTY TRUST REIT 73757R102 4750388 331731 SH SOLE 117245 0 214486 SIMON PROPERTY GROUP INC REIT 828806109 27041003 172797 SH SOLE 116677 0 56120 W P CAREY INC REIT 92936U109 8996423 159398 SH SOLE 108798 0 50600 WHITESTONE REIT REIT 966084204 11911330 949110 SH SOLE 679012 0 270098 ABBVIE INC COM 00287Y109 506238 2780 SH SOLE 0 0 2780 ACCO BRANDS CORP COM 00081T108 3760321 670289 SH SOLE 238009 0 432280 ACCURAY INC COM 004397105 3616413 1464135 SH SOLE 516755 0 947380 ADEIA INC COM 00676P107 6294517 576421 SH SOLE 576421 0 0 ADIENT PLC COM G0084W101 3947701 119918 SH SOLE 119918 0 0 AES CORP COM 00130H105 16825620 938406 SH SOLE 631701 0 306705 AGILENT TECHNOLOGIES INC COM 00846U101 341512 2347 SH SOLE 0 0 2347 ALAMOS GOLD INC COM 011532108 7323168 496486 SH SOLE 480531 0 15955 ALBERTSONS COMPANIES COM 013091103 235197 10970 SH SOLE 0 0 10970 ALKERMES PLC COM G01767105 3856690 142471 SH SOLE 137206 0 5265 ALLEGIANT TRAVEL COM 01748X102 308135 4097 SH SOLE 2152 0 1945 ALLISON TRANS HOLDINGS COM 01973R101 7682849 94663 SH SOLE 94663 0 0 ALPHABET INC A COM 02079K305 799929 5300 SH SOLE 0 0 5300 ALTA EQUIPMENT GROUP COM 02128L106 3806199 293915 SH SOLE 104470 0 189445 ALTISOURCE PORFOLIO SOLUTIONS COM L0175J104 1197512 617274 SH SOLE 218053 0 399221 ALTRIA GROUP COM 02209S103 22097325 506587 SH SOLE 338017 0 168570 AMAZON.COM COM 023135106 443735 2460 SH SOLE 0 0 2460 AMERANT BANCORP COM 023576101 3085110 132465 SH SOLE 46810 0 85655 AMERICAN PUBLIC EDUCATION COM 02913V103 6461043 455003 SH SOLE 160629 0 294374 AMERICAN SOFTWARE A COM 029683109 3851780 336400 SH SOLE 118830 0 217570 AMERIPRISE FINANCIAL COM 03076C106 36892534 84145 SH SOLE 56390 0 27755 AMERISAFE INC COM 03071H100 4350993 86725 SH SOLE 30600 0 56125 AMPHENOL CORP-CL A COM 032095101 707442 6133 SH SOLE 0 0 6133 AMPLIFY ENERGY CORP COM 03212B103 3785448 572685 SH SOLE 201965 0 370720 APPLE INC COM 037833100 719359 4195 SH SOLE 0 0 4195 APPLIED MATERIALS INC COM 038222105 20888624 101288 SH SOLE 69148 0 32140 ARISTA NETWORKS INC COM 040413106 548352 1891 SH SOLE 0 0 1891 ARTESIAN RESOURCES CORP COM 043113208 4422028 119160 SH SOLE 41715 0 77445 ASBURY AUTOMOTIVE GROUP COM 043436104 4960811 21040 SH SOLE 21040 0 0 ASSOCIATED BANC CORP COM 045487105 7080490 329172 SH SOLE 325412 0 3760 AUTOLIV INC COM 052800109 19254469 159881 SH SOLE 109166 0 50715 AVANOS MEDICAL COM 05350V106 3250407 163255 SH SOLE 56100 0 107155 AXIS CAPITAL HOLDINGS LTD COM G0692U109 5578911 85803 SH SOLE 85803 0 0 AXOS FINANCIAL INC COM 05465C100 295221 5463 SH SOLE 3033 0 2430 AXT INC COM 00246W103 1254378 273285 SH SOLE 96345 0 176940 B&G FOODS INC COM 05508R106 2803372 245050 SH SOLE 83925 0 161125 BANC OF CALIFORNIA COM 05990K106 4844765 318525 SH SOLE 110160 0 208365 BANK OF NEW YORK MELLON COM 064058100 19598463 340133 SH SOLE 232223 0 107910 BANK OZK COM 06417N103 4293788 94452 SH SOLE 94452 0 0 BANNER CORP COM 06652V208 293664 6118 SH SOLE 3403 0 2715 BAR HARBOR BANKSHARES COM 066849100 2510172 94795 SH SOLE 33250 0 61545 BARRETT BUSINESS SVCS INC COM 068463108 5753088 45400 SH SOLE 16015 0 29385 BEAZER HOMES USA COM 07556Q881 5372804 163805 SH SOLE 57850 0 105955 BENCHMARK ELECTRONICS COM 08160H101 4823657 160735 SH SOLE 55440 0 105295 BERRY CORP COM 08579X101 6374288 791837 SH SOLE 791837 0 0 BLOOMIN' BRANDS INC COM 094235108 7004172 244218 SH SOLE 244218 0 0 BRIDGEWATER BANCSHARES COM 108621103 765330 65750 SH SOLE 23085 0 42665 BRINKER INTERNATIONAL INC COM 109641100 445033 8958 SH SOLE 5053 0 3905 BROADCOM INC COM 11135F101 516910 390 SH SOLE 0 0 390 BROWN & BROWN INC COM COM 115236101 268835 3071 SH SOLE 0 0 3071 CADENCE DESIGN SYS INC COM 127387108 590809 1898 SH SOLE 0 0 1898 CARLISLE COS INC COM 142339100 213166 544 SH SOLE 0 0 544 CARPENTER TECHNOLOGY COM 144285103 416236 5828 SH SOLE 2868 0 2960 CARTER INC COM COM 146229109 378689 4472 SH SOLE 2507 0 1965 CASS INFORMATION SYS COM COM 14808P109 5327602 110600 SH SOLE 38860 0 71740 CATERPILLAR INC COM 149123101 29256504 79842 SH SOLE 53612 0 26230 CECO ENVIRONMENTAL COM 125141101 3400629 147725 SH SOLE 52205 0 95520 CELESTICA INC SUB VTG SHS COM 15101Q108 3348974 74521 SH SOLE 74521 0 0 CENTURY CASINOS INC COM 156492100 1536266 486160 SH SOLE 172030 0 314130 CHESAPEAKE ENERGY CORP COM 165167735 17625204 198415 SH SOLE 135495 0 62920 CHEVRON CORP COM 166764100 26489751 167933 SH SOLE 112898 0 55035 CHIPOTLE MEXICAN GRILL COM 169656105 363346 125 SH SOLE 0 0 125 CHORD ENERGY COM 674215207 6815006 38235 SH SOLE 38235 0 0 CIGNA CORP COM 125523100 17344138 47755 SH SOLE 32610 0 15145 CITIGROUP INC COM 172967424 41971503 663686 SH SOLE 453146 0 210540 CIVITAS RESOURCES COM 17888H103 348958 4597 SH SOLE 2467 0 2130 CLIMB GLOBAL SOLUTIONS COM 946760105 2537150 35795 SH SOLE 12645 0 23150 COCA-COLA EUROPACIFIC COM G25839104 14878575 212703 SH SOLE 145148 0 67555 COCA COLA CONSOLIDATED COM 191098102 5797908 6850 SH SOLE 6850 0 0 COHU INC COM 192576106 334067 10023 SH SOLE 5128 0 4895 COLUMBUS MCKINNON COM 199333105 5428124 121625 SH SOLE 42125 0 79500 COMCAST CORP-CLASS A COM 20030N101 21784632 502529 SH SOLE 339979 0 162550 COMSTOCK RESOURCES INC COM 205768302 4357071 469512 SH SOLE 469512 0 0 CONSTELLATION ENERGY COM 21037T109 8959310 48468 SH SOLE 33093 0 15375 COPA HOLDINGS A COM P31076105 4398989 42233 SH SOLE 42233 0 0 COVENANT LOGISTICS COM 22284P105 3793639 81830 SH SOLE 81830 0 0 CRA INTERNATIONAL COM 12618T105 6936772 46375 SH SOLE 16505 0 29870 CRANE NXT CO COM 224441105 8653125 139792 SH SOLE 135902 0 3890 CRAWFORD & COMPANY CLASS A COM 224633206 1486027 157585 SH SOLE 55350 0 102235 CROSS COUNTRY HEALTH COM 227483104 5207361 278171 SH SOLE 232151 0 46020 DANAOS CORP COM Y1968P121 6273675 86893 SH SOLE 86893 0 0 DARDEN RESTAURANTS INC COM 237194105 10345916 61896 SH SOLE 40891 0 21005 DELTA AIRLINES COM 247361702 33202728 693602 SH SOLE 469577 0 224025 DEXCOM INC COM 252131107 440095 3173 SH SOLE 0 0 3173 DIME COMMUNITY BANCSHARES COM 25432X102 3956177 205409 SH SOLE 70811 0 134598 DOMINO'S PIZZA INC COM 25754A201 235024 473 SH SOLE 0 0 473 DONEGAL GROUP INC - CL A COM 257701201 3470522 245440 SH SOLE 86505 0 158935 DR HORTON INC COM 23331A109 281051 1708 SH SOLE 0 0 1708 DRIL-QUIP INC COM 262037104 3570780 158490 SH SOLE 55130 0 103360 DUCOMMUN INC COM 264147109 6319750 123192 SH SOLE 42504 0 80688 DUKE ENERGY CORP COM 26441C204 29221700 302158 SH SOLE 204878 0 97280 EDWARDS LIFESCIENCES CORP COM 28176E108 339238 3550 SH SOLE 0 0 3550 ELEVANCE HEALTH, INC COM 036752103 21486223 41436 SH SOLE 28231 0 13205 ELTEK LTD COM M40184208 1380302 123905 SH SOLE 43801 0 80104 EMERSON ELECTRIC CO COM 291011104 21350634 188244 SH SOLE 126109 0 62135 ENACT HOLDINGS INC COM 29249E109 4353663 139630 SH SOLE 139630 0 0 ENERPAC TOOL GROUP CORP COM 292765104 225549 6325 SH SOLE 0 0 6325 ENERPLUS CORPORATION COM 292766102 5434181 276408 SH SOLE 266108 0 10300 ENOVA HOLDINGS INC COM 29357K103 9639818 153427 SH SOLE 153427 0 0 ENTEGRIS INC COM 29362U104 224583 1598 SH SOLE 0 0 1598 ENTERGY CORP COM 29364G103 291148 2755 SH SOLE 0 0 2755 ENTERPRISE FINANCIAL SERVICES COM 293712105 274145 6759 SH SOLE 3939 0 2820 EOG RESOURCES COM 26875P101 324074 2535 SH SOLE 0 0 2535 EQUITY BANCSHARES COM 29460X109 364322 10600 SH SOLE 3747 0 6853 FAIR ISAAC CORP COM 303250104 639800 512 SH SOLE 0 0 512 FEDERAL AGRIC MTG C COM 313148306 7427298 37725 SH SOLE 13115 0 24610 FEDERATED HERMES INC CLASS B COM 314211103 271622 7520 SH SOLE 0 0 7520 FIRST BANCORP INC ME COM 31866P102 1300622 52785 SH SOLE 18630 0 34155 FIRST BANK COM 31931U102 1168930 85075 SH SOLE 29855 0 55220 FIRST FINANCIAL COM 320218100 2029190 52940 SH SOLE 18625 0 34315 FIRST INTERNET BANC COM 320557101 3378291 97245 SH SOLE 34585 0 62660 FIVE BELOW COM 33829M101 225637 1244 SH SOLE 0 0 1244 FOOT LOCKER INC COM 344849104 244843 8591 SH SOLE 3646 0 4945 FORTINET INC COM 34959E109 292025 4275 SH SOLE 0 0 4275 GENCO SHIPPING & TRADING LTD COM Y2685T131 3812180 187515 SH SOLE 65180 0 122335 GENERAC HOLDINGS INC COM 368736104 241684 1916 SH SOLE 0 0 1916 GENWORTH FINANCIAL INC-CL A COM 37247D106 5148687 800729 SH SOLE 800729 0 0 GILAT SATELLITE NETWORKS LTD COM M51474118 3521409 648510 SH SOLE 229110 0 419400 GILEAD SCIENCES COM 375558103 14706988 200778 SH SOLE 137053 0 63725 GLOBAL SHIP LEASE INC CL A COM Y27183600 6404000 315468 SH SOLE 114143 0 201325 GOLDMAN SACHS COM 38141G104 18734232 44852 SH SOLE 29947 0 14905 GRAPHIC PACKAGING CORP COM COM 388689101 269185 9225 SH SOLE 0 0 9225 GROUP 1 AUTOMOTIVE INC COM 398905109 7834102 26808 SH SOLE 26808 0 0 GUESS INC COM 401617105 9048758 287536 SH SOLE 287536 0 0 H&E EQUIPMENT SERVICES INC COM 404030108 5686541 88603 SH SOLE 85488 0 3115 HANCOCK WHITNEY CORP COM 410120109 9295062 201891 SH SOLE 200256 0 1635 HARTFORD FINANCIAL SERVICES COM 416515104 24360917 236399 SH SOLE 161384 0 75015 HAWKINS INC COM 420261109 3975859 51769 SH SOLE 18170 0 33599 HEALTHCARE SVCS GP COM 421906108 3376651 270565 SH SOLE 93000 0 177565 HELIX ENERGY SOLUTIONS COM 42330P107 6343134 585160 SH SOLE 206725 0 378435 HERBALIFE LTD COM G4412G101 104972 10445 SH SOLE 0 0 10445 HILLENBRAND INC COM 431571108 8312384 165289 SH SOLE 159489 0 5800 HOME DEPOT INC COM 437076102 550466 1435 SH SOLE 0 0 1435 HOMETRUST BANCSHARES COM 437872104 2254730 82470 SH SOLE 28930 0 53540 HOOKER FURNISHINGS CORP COM 439038100 869042 36195 SH SOLE 12795 0 23400 HORIZON BANCORP INC COM 440407104 952204 74217 SH SOLE 26158 0 48059 HOVNANIAN ENTERPRISES CL A COM 442487401 4259195 27139 SH SOLE 27139 0 0 HOWMET AEROSPACE COM 443201108 412496 6028 SH SOLE 0 0 6028 HP INC COM 40434L105 315043 10425 SH SOLE 0 0 10425 HUBSPOT INC COM 443573100 226188 361 SH SOLE 0 0 361 HUDBAY MINERALS INC COM 443628102 8189447 1169921 SH SOLE 1169921 0 0 HUDSON TECHNOLOGIES COM COM 444144109 7443839 676098 SH SOLE 505388 0 170710 HUNTINGTON BANCSHARES INC COM 446150104 12163563 871940 SH SOLE 595270 0 276670 IDEXX LABORATORIES INC COM 45168D104 437343 810 SH SOLE 0 0 810 IDT CORP CL B COM 448947507 5329698 140960 SH SOLE 48840 0 92120 IMAX CORP COM 45245E109 2006454 124085 SH SOLE 43830 0 80255 INDEPENDENT BANK MI COM 453838609 5364187 211605 SH SOLE 74790 0 136815 INGREDION INC COM 457187102 286282 2450 SH SOLE 0 0 2450 INSPIRED ENTERTAINMENT COM 45782N108 3669350 372145 SH SOLE 131985 0 240160 INTEGER HOLDINGS CORP COM 45826H109 467537 4007 SH SOLE 2137 0 1870 INTL BUSINESS MACHINES CORP COM 459200101 20012035 104797 SH SOLE 69597 0 35200 IRONWOOOD PHARMA CL A COM 46333X108 2095391 240573 SH SOLE 240573 0 0 JABIL INC COM 466313103 9742317 72731 SH SOLE 49661 0 23070 JOHNSON & JOHNSON COM 478160104 24498094 154865 SH SOLE 103808 0 51057 JPMORGAN CHASE COM 46625H100 49578456 247521 SH SOLE 166291 0 81230 KB HOME COM 48666K109 7353375 103744 SH SOLE 101174 0 2570 KELLY SERVICES INC -A COM 488152208 3779037 150920 SH SOLE 53305 0 97615 KEMPER CORP COM 488401100 403161 6511 SH SOLE 3311 0 3200 KENVUE COM 49177J102 10907066 508251 SH SOLE 342521 0 165730 KEYSIGHT TECHNOLOGIES COM 49338L103 273978 1752 SH SOLE 0 0 1752 KIMBALL ELECTRONICS COM 49428J109 4269921 197225 SH SOLE 69670 0 127555 KLA CORP COM 482480100 302481 433 SH SOLE 0 0 433 KROGER CO COM 501044101 18404201 322146 SH SOLE 215246 0 106900 LAKELAND BANCORP COM 511637100 2683840 221805 SH SOLE 78415 0 143390 LAM RESEARCH CORP COM 512807108 359481 370 SH SOLE 0 0 370 LANDSEA HOMES CORP COM 51509P103 6960306 479030 SH SOLE 166855 0 312175 LENNAR CORP-A COM 526057104 18353534 106719 SH SOLE 72879 0 33840 LENNOX INTL INC COM 526107107 402738 824 SH SOLE 0 0 824 LIBERTY ENERGY INC COM 53115L104 4331640 209056 SH SOLE 202286 0 6770 LKQ CORP COM 501889208 8227063 154036 SH SOLE 105171 0 48865 LULULEMON ATHLETICA INC COM 550021109 541832 1387 SH SOLE 0 0 1387 LYONDELLBASELL INDU-CL A COM N53745100 22846284 223370 SH SOLE 151400 0 71970 MEDTRONIC PLC COM G5960L103 14297045 164051 SH SOLE 112051 0 52000 MERCK & CO COM 58933Y105 16899628 128076 SH SOLE 87456 0 40620 META PLATFORMS INC COM 30303M102 441878 910 SH SOLE 0 0 910 MGIC INVT CORP WIS COM 552848103 8491098 379745 SH SOLE 379745 0 0 MICROSOFT CORP COM 594918104 1194845 2840 SH SOLE 0 0 2840 MIDDLESEX WATER CO COM COM 596680108 2961000 56400 SH SOLE 19925 0 36475 MINERALS TECHNOLOGIES INC COM 603158106 7798857 103598 SH SOLE 101688 0 1910 MISTRAS GROUP COM 60649T107 3642465 381011 SH SOLE 134438 0 246573 MOLSON COORS BEVERAGE - CL B COM 60871R209 4984099 74113 SH SOLE 50618 0 23495 MONOLITHIC POWER SYSTEMS COM 609839105 353613 522 SH SOLE 0 0 522 MOOG INC CL A COM 615394202 4873316 30525 SH SOLE 29170 0 1355 MSCI INC COM 55354G100 319456 570 SH SOLE 0 0 570 MURPHY OIL CORP COM 626717102 6562109 143591 SH SOLE 143591 0 0 MYERS INDS INC COM 628464109 2964323 127938 SH SOLE 44542 0 83396 NATIONAL FUEL GAS CO COM 636180101 10561137 196596 SH SOLE 196596 0 0 NATIONAL HEALTHCARE COM COM 635906100 5121969 54195 SH SOLE 18780 0 35415 NATURAL GROCERS COM 63888U108 4765200 264000 SH SOLE 93107 0 170893 NEWMONT MINING CORP COM 651639106 7606072 212223 SH SOLE 144843 0 67380 NORTHEAST BANCORP COM 66405S100 4117573 74405 SH SOLE 26462 0 47943 NORTHWEST PIPE COM 667746101 6055301 174605 SH SOLE 61680 0 112925 NORTHWESTERN ENERGY GROUP COM 668074305 362316 7114 SH SOLE 4269 0 2845 NVE CORP COM 629445206 3209055 35585 SH SOLE 12590 0 22995 NVIDIA CORP COM 67066G104 754473 835 SH SOLE 0 0 835 O'REILLY AUTOMOTIVE INC COM 67103H107 371402 329 SH SOLE 0 0 329 OCEANEERING INTL INC COM 675232102 308927 13202 SH SOLE 8002 0 5200 OCEANFIRST FINL CORP COM 675234108 222224 13542 SH SOLE 7792 0 5750 OIL-DRI CORP OF AMERICA COM 677864100 5139495 68931 SH SOLE 24326 0 44605 OLD DOMINION FREIGHT COM 679580100 350896 1600 SH SOLE 0 0 1600 OLD NATIONAL BANCORP COM 680033107 9304983 534462 SH SOLE 527407 0 7055 ON SEMICONDUCTOR CORP COM 682189105 281255 3824 SH SOLE 0 0 3824 ORACLE CORPORATION COM 68389X105 13640492 108594 SH SOLE 71069 0 37525 OSHKOSH CORP COM 688239201 7788763 62455 SH SOLE 62455 0 0 PACKAGING CORP OF AMERICA COM 695156109 11545456 60836 SH SOLE 41551 0 19285 PAN AMERICAN SILVER CORP COM 697900108 3734954 247676 SH SOLE 247676 0 0 PATTERSON COS INC COM 703395103 332740 12034 SH SOLE 6544 0 5490 PBF ENERGY INC-CLASS A COM 69318G106 5995685 104146 SH SOLE 104146 0 0 PEOPLES BANCORP INC COM 709789101 4036642 136327 SH SOLE 48088 0 88239 PERMIAN RESOURCES CORP COM 71424F105 271823 15392 SH SOLE 0 0 15392 PHILLIPS 66 COM 718546104 17387053 106447 SH SOLE 72692 0 33755 PHOTRONICS COM 719405102 7024889 248054 SH SOLE 248054 0 0 PREMIER FINANCIAL CORP COM 74052F108 3535955 174185 SH SOLE 60270 0 113915 PRESTIGE CONSUMER HEALTH COM 74112D101 445301 6137 SH SOLE 3367 0 2770 PRIMIS FINANCIAL CORP COM 74167B109 4238689 348290 SH SOLE 122985 0 225305 PRIMO WATER CORP COM 74167P108 4573533 251155 SH SOLE 251155 0 0 PRIMORIS SERVICES CORP COM 74164F103 7945690 186650 SH SOLE 186650 0 0 PRUDENTIAL FINANCIAL COM 744320102 44109880 375723 SH SOLE 252733 0 122990 QUALCOMM INC COM 747525103 12831247 75790 SH SOLE 51750 0 24040 RANGER ENERGY SERVICES INC COM 75282U104 3392589 300495 SH SOLE 103855 0 196640 REPLIGEN CORP COM 759916109 208749 1135 SH SOLE 0 0 1135 RESIDEO TECHNOLOGIES INC COM 76118Y104 5308473 236774 SH SOLE 236774 0 0 ROCKWELL AUTOMATION COM 773903109 307062 1054 SH SOLE 0 0 1054 RTX CORP COM 75513E101 9949133 102011 SH SOLE 69666 0 32345 SANDY SPRING BANCORP COM COM 800363103 6208276 267829 SH SOLE 267829 0 0 SANMINA SCI CORP COM 801056102 7766655 124906 SH SOLE 124906 0 0 SAPIENS INTERNATIONAL CORP COM G7T16G103 4187554 130210 SH SOLE 130210 0 0 SCIENCE APPLICATIONS INTL COM 808625107 5915403 45367 SH SOLE 45367 0 0 SCORPIO TANKERS INC COM Y7542C130 7340601 102594 SH SOLE 102594 0 0 SELECT MEDICAL HOLDINGS COM 81619Q105 10064854 333826 SH SOLE 327486 0 6340 SENECA FOODS CORP COM 817070501 3861803 67870 SH SOLE 23965 0 43905 SENSATA TECHNOLOGIES HOLDING COM G8060N102 4416368 120206 SH SOLE 120206 0 0 SHOE CARNIVAL COM 824889109 5521465 150695 SH SOLE 52450 0 98245 SHYFT GROUP INC COM 825698103 3010794 242415 SH SOLE 85655 0 156760 SIERRA BANCORP COM 82620P102 3038383 150415 SH SOLE 53170 0 97245 SILVERBOW RESOURCES COM 82836G102 5153945 150965 SH SOLE 53315 0 97650 SILVERCREST METALS COM 828363101 4168061 625835 SH SOLE 217275 0 408560 SM ENERGY CO COM 78454L100 5100004 102307 SH SOLE 98832 0 3475 SMART GLOBAL HOLDINGS COM G8232Y101 11185500 424981 SH SOLE 288211 0 136770 SMARTFINANCIAL INC COM 83190L208 3178831 150870 SH SOLE 53155 0 97715 SNAP-ON INC COM 833034101 17715141 59804 SH SOLE 40839 0 18965 SOLARWINDS CORP COM 83417Q204 6114655 484521 SH SOLE 484521 0 0 SONOCO PRODUCTS CO COM 835495102 5433490 93940 SH SOLE 93940 0 0 SPARTANNASH COM 847215100 2463195 121880 SH SOLE 42190 0 79690 SPOK HOLDINGS COM 84863T106 6969671 436970 SH SOLE 153795 0 283175 STAGWELL INC COM 85256A109 5667477 911170 SH SOLE 911170 0 0 STANDARD MOTOR PRODUCTS COM 853666105 4647346 138520 SH SOLE 48635 0 89885 SUBURBAN PROPANE L P UNIT LTD COM 864482104 4292568 210111 SH SOLE 210111 0 0 SYNOPSYS INC COM 871607107 365760 640 SH SOLE 0 0 640 TETRA TECHNOLOGIES INC COM 88162F105 3563270 804350 SH SOLE 284170 0 520180 TIMKEN CO COM 887389104 8493650 97148 SH SOLE 97148 0 0 TURNING POINT BRANDS COM 90041L105 6363667 217190 SH SOLE 79145 0 138045 TUTOR PERINI CORP COM 901109108 9037196 624979 SH SOLE 223589 0 401390 UFP INDUSTRIES INC COM 90278Q108 4810552 39107 SH SOLE 36992 0 2115 ULTA BEAUTY INC COM 90384S303 241048 461 SH SOLE 0 0 461 UNITED FIRE GROUP COM 910340108 2284870 104955 SH SOLE 37005 0 67950 UNITED HEALTH GROUP COM 91324P102 254770 515 SH SOLE 0 0 515 UNITED RENTALS INC COM 911363109 31664661 43911 SH SOLE 29590 0 14321 UNITIL CORP COM 913259107 5953242 113720 SH SOLE 39540 0 74180 UNIVERSAL HEALTH SERVICES B COM 913903100 17964099 98455 SH SOLE 66000 0 32455 UNIVERSAL STAINLESS COM 913837100 4302510 191905 SH SOLE 67680 0 124225 VAALCO ENERGY INC COM 91851C201 6846979 982350 SH SOLE 347055 0 635295 VECTOR GROUP LTD COM 92240M108 173168 15800 SH SOLE 0 0 15800 VEECO INSTRUMENTS INC COM 922417100 202579 5760 SH SOLE 0 0 5760 VERISK ANALYTICS A COM 92345Y106 268732 1140 SH SOLE 0 0 1140 VERIZON COMM INC COM 92343V104 33681124 802696 SH SOLE 541911 0 260785 VERMILION ENERGY COM 923725105 5241432 421337 SH SOLE 421337 0 0 VICTORY CAPITAL HOLDING COM 92645B103 231668 5460 SH SOLE 0 0 5460 VISHAY INTERTECHNOLOGY INC COM 928298108 8218552 362370 SH SOLE 354580 0 7790 VISHAY PRECISION GROUP COM 92835K103 4423316 125200 SH SOLE 44185 0 81015 VISTEON CORP COM COM 92839U206 243453 2070 SH SOLE 0 0 2070 WAFD INC COM 938824109 7595874 261656 SH SOLE 204329 0 57327 WARRIOR MET COAL INC COM 93627C101 5635327 92839 SH SOLE 92839 0 0 WATERSTONE FINANCIAL INC COM 94188P101 1969836 161860 SH SOLE 56850 0 105010 WILLIAMS-SONOMA INC COM 969904101 242275 763 SH SOLE 0 0 763 WILLIAMS COS INC COM 969457100 10545906 270616 SH SOLE 184766 0 85850 WILLSCOT MOBILE MINI HOLDINGS COM 971378104 208041 4474 SH SOLE 0 0 4474 XYLEM INC COM 98419M100 314441 2433 SH SOLE 0 0 2433 GLAXOSMITHKLINE PLC-SPON ADR ADR 37733W204 14092184 328719 SH SOLE 221554 0 107165 SANOFI ADR ADR 80105N105 7754422 159556 SH SOLE 108941 0 50615 SHELL PLC ADR 780259305 26406386 393890 SH SOLE 265920 0 127970