ADVISORY RESEARCH INC
CIK 902584 · View on SEC EDGAR ↗
- Portfolio value
- $851.9M
- Positions
- 136
- As of
- June 30, 2026
#2,728 of 9,443 by 13F value · top 28.9%
Portfolio value QoQ: +32.2% 13F does not disclose cash
- Top 10 holdings weight
- 46.00%
- Top 25 holdings weight
- 71.52%
- Positions above 1%
- 28
- Effective number of positions
- 33.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 4.47% Est. buys $156,117,825 · sells $33,468,206
Median holding: 6.0 quarters Tracked Q4 2024–Q2 2026 · 67.7% still held
- New positions
- 3
- Increased
- 85
- Decreased
- 39
- Closed
- 4
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Performance vs S&P 500
Annualized: +24.2% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 93.9% · Options excluded: 0.0%
Sector breakdown
Industrials
19.8%
Technology
16.1%
Packaging
13.8%
Consumer Staples
7.6%
Communication Services
6.3%
Financial Services
5.5%
Healthcare
4.9%
Financials
4.0%
Energy
3.5%
Consumer Discretionary
3.1%
Utilities
2.9%
Retail
2.1%
Real Estate
1.5%
Materials
0.9%
Consumer products
0.1%
Other/Unmapped
7.8%
Full portfolio 136 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| MYE Myers Industries, Inc. Common Stock | $64,005,342 | 7.51% | 1,812,669 | $62,935,265 | Up ×1 | ||
| OPLN OPENLANE, Inc. Common Stock | $61,778,221 | 7.25% | 1,498,017 | $25,576,923 | Up ×3 | ||
| TRS TriMas Corporation - Common Stock | $53,521,127 | 6.28% | 1,188,566 | $14,373,446 | Up ×4 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $40,332,219 | 4.73% | 84,453 | $12,692,978 | Up ×1 | ||
| BELFB Bel Fuse Inc. - Class B Common Stock | $38,191,029 | 4.48% | 114,674 | $15,270,884 | Down ×2 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $33,887,253 | 3.98% | 94,824 | $7,069,120 | Up ×2 | ||
| KDP Keurig Dr Pepper Inc. - Common Stock | $28,402,145 | 3.33% | 867,771 | $6,303,455 | Up ×5 | ||
| AVGO Broadcom Inc. - Common Stock | $24,740,736 | 2.90% | 65,495 | $5,028,973 | Up ×1 | ||
| DJCO Daily Journal Corp. (S.C.) - Common Stock | $23,955,017 | 2.81% | 39,846 | $23,350,645 | Up ×1 | ||
| MTG MGIC Investment Corporation Common Stock | $23,038,046 | 2.70% | 816,952 | $2,187,067 | Up ×5 | ||
| PM Philip Morris International Inc Common Stock | $22,092,729 | 2.59% | 122,120 | $2,326,332 | Up ×1 | ||
| AEP American Electric Power Company, Inc. - Common Stock | $20,090,001 | 2.36% | 146,846 | $1,596,579 | Up ×5 | ||
| ABBV AbbVie Inc. Common Stock | $19,146,029 | 2.25% | 76,085 | $3,253,600 | Up ×5 | ||
| TPR Tapestry, Inc. Common Stock | $18,658,180 | 2.19% | 127,464 | $1,135,705 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $16,289,783 | 1.91% | 43,670 | $469,828 | Up ×2 | ||
| LTM LATAM Airlines Group S.A. American Depositary Shares (each representing two thousand (2,000) shares of Common Stock) | $15,967,262 | 1.87% | 274,022 | $11,096,285 | Up ×1 | ||
| CME CME Group Inc. - Class A Common Stock | $14,815,043 | 1.74% | 67,088 | $-4,274,018 | Up ×6 | ||
| KB KB Financial Group Inc | $14,233,311 | 1.67% | 135,607 | $1,207,277 | Up ×5 | ||
| LAMR Lamar Advertising Company - Class A Common Stock | $12,909,841 | 1.52% | 82,766 | $3,329,152 | Up ×5 | ||
| HUBB Hubbell Inc Common Stock | $12,787,531 | 1.50% | 24,441 | $1,118,225 | Up ×5 | ||
| GSK GSK plc American Depositary Shares (Each representing two Ordinary Shares) | $11,305,107 | 1.33% | 215,664 | $30,783 | Up ×1 | ||
| MPC Marathon Petroleum Corporation Common Stock | $10,295,320 | 1.21% | 40,268 | $775,474 | Up ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $10,246,808 | 1.20% | 18,191 | $199,633 | Up ×2 | ||
| MTDR Matador Resources Company Common Stock | $9,342,412 | 1.10% | 187,674 | $-6,167,014 | Down ×1 | ||
| CMCSA Comcast Corporation - Class A Common Stock | $9,244,401 | 1.09% | 376,554 | $-1,189,617 | Up ×1 | ||
| BTI British American Tobacco Industries, p.l.c. Common Stock ADR | $8,612,617 | 1.01% | 139,453 | $998,010 | Up ×3 | ||
| LRCX Lam Research Corporation - Common Stock | $8,590,334 | 1.01% | 19,824 | $4,327,603 | Down ×2 | ||
| APA APA Corporation - Common Stock | $8,514,287 | 1.00% | 261,415 | $-7,330,560 | Down ×1 | ||
| FERG Ferguson Enterprises Inc. Common Stock | $7,875,559 | 0.92% | 33,184 | $442,496 | Up ×1 | ||
| SGOV iShares 0-3 Month Treasury Bond ETF | $7,724,409 | 0.91% | 76,730 | $1,673,636 | Up ×1 | ||
| INTU Intuit Inc. - Common Stock | $7,423,623 | 0.87% | 28,443 | $-4,357,435 | Up ×1 | ||
| VUSB | $5,981,167 | 0.70% | 120,152 | $1,902,780 | Up ×4 | ||
| DAC Danaos Corporation Common Stock | $5,801,806 | 0.68% | 47,412 | $461,882 | Up ×6 | ||
| PFGC Performance Food Group Company Common Stock | $5,142,675 | 0.60% | 46,003 | $4,477,011 | Up ×1 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $5,021,882 | 0.59% | 63,544 | $1,340,980 | Up ×6 | ||
| STLD Steel Dynamics, Inc. - Common Stock | $4,803,516 | 0.56% | 20,934 | $1,021,356 | Down ×2 | ||
| VGSH Vanguard Short-Term Treasury ETF | $4,554,907 | 0.53% | 78,263 | $477,186 | Up ×1 | ||
| MPTI | $4,496,155 | 0.53% | 45,347 | $1,949,036 | Up ×2 | ||
| Unknown issuer (CUSIP: 59739R104) | $4,428,560 | 0.52% | 110,714 | Up ×1 | |||
| VCIT Vanguard Intermediate-Term Corporate Bond ETF | $4,228,870 | 0.50% | 51,166 | $9,778 | Up ×2 | ||
| SHV iShares 0-1 Year Treasury Bond ETF | $4,095,861 | 0.48% | 37,117 | $-1,485 | |||
| SSB SouthState Bank Corporation Common Stock | $4,047,149 | 0.48% | 40,512 | $3,433,649 | Up ×1 | ||
| ACMR ACM Research, Inc. - Class A Common Stock | $3,645,803 | 0.43% | 28,732 | $2,532,237 | Up ×3 | ||
| RSP | $3,491,026 | 0.41% | 16,408 | $342,602 | Up ×3 | ||
| ACA Arcosa, Inc. Common Stock | $3,364,190 | 0.39% | 23,155 | $886,882 | Down ×1 | ||
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | $3,331,809 | 0.39% | 63,572 | $997,199 | Up ×2 | ||
| AMGN Amgen Inc. - Common Stock | $3,186,656 | 0.37% | 8,800 | $82,635 | Down ×2 | ||
| NTAP NetApp, Inc. - Common Stock | $3,186,199 | 0.37% | 20,588 | $1,062,938 | Down ×2 | ||
| HD Home Depot, Inc. (The) Common Stock | $3,156,486 | 0.37% | 8,950 | $172,138 | Down ×3 | ||
| AAPL Apple Inc. - Common Stock | $3,123,641 | 0.37% | 10,795 | $358,599 | Down ×2 | ||
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | $3,071,152 | 0.36% | 57,761 | $-2,888 | |||
| CALM Cal-Maine Foods, Inc. - Common Stock | $3,022,692 | 0.35% | 37,521 | $2,395,824 | Up ×1 | ||
| EME EMCOR Group, Inc. Common Stock | $2,990,058 | 0.35% | 3,603 | $314,423 | Down ×2 | ||
| TAP Molson Coors Beverage Company Class B Common Stock | $2,922,273 | 0.34% | 75,007 | $-316,959 | Down ×2 | ||
| VVV Valvoline Inc. Common Stock | $2,781,046 | 0.33% | 70,335 | $2,017,116 | Up ×1 | ||
| VIG | $2,758,516 | 0.32% | 11,658 | $251,347 | |||
| LMT Lockheed Martin Corporation Common Stock | $2,722,045 | 0.32% | 5,343 | $-536,826 | Down ×2 | ||
| VOO | $2,707,405 | 0.32% | 3,942 | $350,070 | Down ×4 | ||
| HQY HealthEquity, Inc. - Common Stock | $2,495,903 | 0.29% | 27,634 | $168,980 | Down ×1 | ||
| BOW Bowhead Specialty Holdings Inc. Common Stock | $2,254,866 | 0.26% | 75,338 | $1,653,854 | Up ×1 | ||
| FRME First Merchants Corporation - Common Stock | $2,225,612 | 0.26% | 50,941 | $228,112 | Down ×1 | ||
| WAL Western Alliance Bancorporation Common Stock (DE) | $2,145,256 | 0.25% | 26,098 | $291,607 | Down ×3 | ||
| AAP Advance Auto Parts Inc. | $2,122,324 | 0.25% | 34,110 | $329,721 | Up ×1 | ||
| CDW CDW Corporation - Common Stock | $2,077,393 | 0.24% | 14,771 | $658,312 | Up ×3 | ||
| NVT nVent Electric plc Ordinary Shares | $2,063,814 | 0.24% | 12,168 | $628,723 | Up ×6 | ||
| SGHC Super Group (SGHC) Limited Ordinary Shares | $1,928,815 | 0.23% | 142,348 | $403,175 | Up ×3 | ||
| TEX Terex Corporation Common Stock | $1,895,025 | 0.22% | 26,178 | $1,384,401 | Up ×1 | ||
| ABG Asbury Automotive Group Inc Common Stock | $1,891,560 | 0.22% | 9,407 | $1,593,951 | Up ×1 | ||
| ACN Accenture plc Class A Ordinary Shares (Ireland) | $1,773,892 | 0.21% | 14,255 | $-696,405 | Up ×2 | ||
| ARES Ares Management Corporation Class A Common Stock | $1,763,818 | 0.21% | 15,846 | $38,838 | Up ×1 | ||
| VEA | $1,756,455 | 0.21% | 24,652 | $198,286 | Up ×2 | ||
| XBI XBI | $1,751,986 | 0.21% | 11,071 | $349,383 | Up ×1 | ||
| NRG NRG Energy, Inc. Common Stock | $1,750,237 | 0.21% | 11,983 | $11,317 | Up ×6 | ||
| ORCL Oracle Corporation Common Stock | $1,732,368 | 0.20% | 11,821 | $-28,686 | Down ×2 | ||
| JPM JP Morgan Chase & Co. Common Stock | $1,710,954 | 0.20% | 5,227 | $171,321 | Down ×6 | ||
| AX Axos Financial, Inc. Common Stock | $1,656,701 | 0.19% | 17,011 | $217,233 | Up ×1 | ||
| MBB iShares MBS ETF | $1,655,801 | 0.19% | 17,518 | $-7,533 | |||
| BAC Bank of America Corporation Common Stock | $1,633,389 | 0.19% | 28,666 | $244,648 | Up ×1 | ||
| UNM Unum Group Common Stock | $1,624,934 | 0.19% | 18,176 | $304,333 | Up ×6 | ||
| VO | $1,616,154 | 0.19% | 20,059 | $190,018 | Up ×1 | ||
| ESI Element Solutions Inc. Common Stock | $1,603,302 | 0.19% | 33,577 | $182,498 | Down ×4 | ||
| SNX TD SYNNEX Corporation Common Stock | $1,598,159 | 0.19% | 5,978 | $585,393 | Down ×1 | ||
| UNP Union Pacific Corporation Common Stock | $1,565,904 | 0.18% | 5,757 | $168,655 | Down ×2 | ||
| EHC Encompass Health Corporation Common Stock | $1,541,167 | 0.18% | 15,247 | $77,836 | Up ×1 | ||
| BRKB | $1,530,193 | 0.18% | 3,058 | $77,738 | Up ×1 | ||
| ALSN Allison Transmission Holdings, Inc. Common Stock | $1,502,373 | 0.18% | 13,326 | $-47,150 | Up ×6 | ||
| SR Spire Inc. Common Stock | $1,488,630 | 0.17% | 19,063 | $-227,284 | Up ×6 | ||
| RRX Regal Rexnord Corporation Common Stock | $1,457,008 | 0.17% | 6,117 | $311,164 | Down ×5 | ||
| FLYW Flywire Corporation - Voting Common Stock | $1,410,959 | 0.17% | 80,305 | $1,089,823 | Up ×1 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $1,409,102 | 0.17% | 9,301 | $-63,013 | Up ×1 | ||
| AXP American Express Company Common Stock | $1,348,603 | 0.16% | 3,987 | $146,850 | Up ×1 | ||
| IVZ Invesco Ltd Common Stock | $1,339,952 | 0.16% | 50,775 | $118,627 | Up ×2 | ||
| ABT Abbott Laboratories Common Stock | $1,322,354 | 0.16% | 14,573 | $186,516 | Up ×2 | ||
| MTN Vail Resorts, Inc. Common Stock | $1,265,242 | 0.15% | 9,293 | $68,658 | Down ×1 | ||
| AZO AutoZone, Inc. Common Stock | $1,176,106 | 0.14% | 368 | $-50,028 | Up ×1 | ||
| RAL Ralliant Corporation Common Stock | $1,175,797 | 0.14% | 15,969 | $517,552 | Up ×2 | ||
| CPK Chesapeake Utilities Corporation Common Stock | $1,145,188 | 0.13% | 9,350 | $-18,174 | Up ×1 | ||
| PRSU Pursuit Attractions and Hospitality, Inc. Common Stock | $1,126,004 | 0.13% | 20,118 | $140,437 | Down ×3 | ||
| SYBT Stock Yards Bancorp, Inc. - Common Stock | $993,957 | 0.12% | 12,998 | $580,573 | Up ×1 | ||
| JXN Jackson Financial Inc. Class A Common Stock | $993,183 | 0.12% | 9,700 | $-22,575 | Up ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| OPLN | $61,778,221 | 7.25% | up ×3 |
| TRS | $53,521,127 | 6.28% | up ×4 |
| KDP | $28,402,145 | 3.33% | up ×5 |
| MTG | $23,038,046 | 2.70% | up ×5 |
| AEP | $20,090,001 | 2.36% | up ×5 |
| ABBV | $19,146,029 | 2.25% | up ×5 |
| CME | $14,815,043 | 1.74% | up ×6 |
| KB | $14,233,311 | 1.67% | up ×5 |
| LAMR | $12,909,841 | 1.52% | up ×5 |
| HUBB | $12,787,531 | 1.50% | up ×5 |
| BTI | $8,612,617 | 1.01% | up ×3 |
| VUSB | $5,981,167 | 0.70% | up ×4 |
| DAC | $5,801,806 | 0.68% | up ×6 |
| VCSH | $5,021,882 | 0.59% | up ×6 |
| ACMR | $3,645,803 | 0.43% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 59739R104) | $4,428,560 | 110,714 | 0.52% |
| ACWI | $351,206 | 2,237 | 0.04% |
| Unknown issuer (CUSIP: 22978P205) | $270,564 | 8,573 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| OPLN | Bought more | +256K | +$25.6M |
| BELFB | Trimmed | -1K | +$15.3M |
| TRS | Bought more | +99K | +$14.4M |
| TSM | Bought more | +3K | +$12.7M |
| LTM | Bought more | +175K | +$11.1M |
| APA | Trimmed | -112K | -$7.3M |
| GOOGL | Bought more | +2K | +$7.1M |
| KDP | Bought more | +28K | +$6.3M |
| MTDR | Trimmed | -58K | -$6.2M |
| AVGO | Bought more | +2K | +$5.0M |
3 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SSBXXXX | Sept. 30, 2025 | 139,351 | $12,824,442 | No longer tracked |
| ESGR | March 31, 2025 | 37,402 | $12,045,314 | No longer tracked |
| ACWI | June 30, 2025 | 100,374 | $11,682,580 | |
| VZ | Dec. 31, 2025 | 185,405 | $8,148,540 | 21.3% |
| ULXXXX | Dec. 31, 2025 | 107,227 | $6,356,402 | No longer tracked |
| UL | March 31, 2026 | 96,671 | $6,322,283 | 11.7% |
| CNNE | June 30, 2025 | 300,000 | $5,499,000 | -28.0% |
| HMC | March 31, 2026 | 142,234 | $4,193,066 | 34.2% |
| BELFA | Dec. 31, 2025 | 28,250 | $3,286,888 | 44.8% |
| ACWI | March 31, 2026 | 16,180 | $2,289,257 | |
| AEO | Sept. 30, 2025 | 159,133 | $1,530,859 | -4.9% |
| IWM | March 31, 2026 | 5,364 | $1,320,402 | No longer tracked |
| TTGT | June 30, 2025 | 89,136 | $1,320,104 | -51.1% |
| SMCI | March 31, 2025 | 39,188 | $1,194,450 | 9.0% |
| GTES | March 31, 2026 | 51,984 | $1,116,096 | 14.5% |
| SKY | June 30, 2025 | 10,869 | $1,029,946 | 44.2% |
| HI | Dec. 31, 2025 | 37,868 | $1,023,951 | No longer tracked |
| XOM | June 30, 2025 | 8,363 | $994,612 | 55.3% |
| FND | June 30, 2025 | 12,352 | $993,965 | -26.8% |
| HHH | June 30, 2025 | 13,389 | $991,857 | 1.1% |
| ATR | June 30, 2025 | 6,599 | $979,160 | -15.6% |
| WSR | March 31, 2026 | 66,829 | $928,255 | No longer tracked |
| SHY | March 31, 2026 | 11,154 | $923,774 | |
| CPRT | June 30, 2026 | 27,788 | $922,562 | 20.8% |
| UFPI | March 31, 2026 | 10,063 | $916,236 | -3.3% |
| OSW | March 31, 2026 | 43,053 | $892,919 | 13.2% |
| PBI | Dec. 31, 2025 | 77,380 | $882,906 | 52.8% |
| HRB | March 31, 2026 | 17,526 | $763,783 | 67.3% |
| REVG | March 31, 2026 | 12,439 | $756,416 | No longer tracked |
| MCRI | Dec. 31, 2025 | 6,655 | $704,365 | 29.7% |
| DRVN | March 31, 2026 | 46,461 | $688,552 | 4.6% |
| FA | March 31, 2025 | 36,272 | $679,375 | 50.8% |
| PI | March 31, 2026 | 3,873 | $673,941 | 54.8% |
| ARCC | Dec. 31, 2025 | 32,181 | $656,814 | -1.7% |
| DSGR | Sept. 30, 2025 | 23,645 | $649,528 | 15.7% |
| BRBR | March 31, 2026 | 23,379 | $624,921 | -32.0% |
| ADUS | March 31, 2026 | 5,623 | $603,854 | 29.9% |
| EEX | June 30, 2026 | 133,141 | $600,466 | No longer tracked |
| SPY | March 31, 2025 | 1,021 | $598,388 | No longer tracked |
| ALTG | June 30, 2025 | 124,389 | $583,384 | -0.6% |
| GO | March 31, 2025 | 36,785 | $574,214 | -20.8% |
| RS | March 31, 2026 | 1,892 | $546,542 | 28.0% |
| NCNO | March 31, 2026 | 20,023 | $513,390 | 36.8% |
| ORRF | Sept. 30, 2025 | 15,833 | $503,964 | 22.0% |
| SAIC | Dec. 31, 2025 | 5,061 | $502,912 | 28.6% |
| OC | Dec. 31, 2025 | 3,270 | $462,574 | 31.7% |
| NEE | June 30, 2025 | 6,485 | $459,722 | 23.5% |
| CASS | Sept. 30, 2025 | 9,295 | $403,868 | 41.6% |
| ALG | June 30, 2025 | 2,200 | $392,062 | -26.4% |
| MLR | Sept. 30, 2025 | 8,670 | $385,468 | 39.7% |
| GO | Dec. 31, 2025 | 22,595 | $362,650 | 9.6% |
| BC | June 30, 2025 | 6,455 | $347,602 | 45.8% |
| OUT | June 30, 2025 | 21,280 | $343,459 | 86.0% |
| PZZA | March 31, 2025 | 7,950 | $326,506 | -43.1% |
| BXSL | Dec. 31, 2025 | 12,355 | $322,095 | -6.2% |
| PHIN | June 30, 2026 | 4,679 | $320,231 | -13.0% |
| IEV | March 31, 2025 | 5,938 | $309,132 | No longer tracked |
| MICC | March 31, 2026 | 18,967 | $300,627 | 32.2% |
| RYZ | Dec. 31, 2025 | 12,733 | $291,076 | 0.2% |
| CTLP | March 31, 2026 | 24,860 | $264,013 | No longer tracked |
| TSLX | Dec. 31, 2025 | 10,338 | $236,327 | -13.4% |
| HTGC | Dec. 31, 2025 | 11,836 | $223,819 | -9.9% |
| MAIN | Dec. 31, 2025 | 3,471 | $220,721 | -2.8% |
| FDUS | Dec. 31, 2025 | 10,403 | $210,765 | 2.6% |
| FLUT | Dec. 31, 2025 | 811 | $205,994 | -52.5% |
| FSK | Dec. 31, 2025 | 10,057 | $150,151 | -18.2% |
| CGBD | Dec. 31, 2025 | 11,340 | $141,750 | -9.0% |
| CUE | June 30, 2026 | 257,225 | $59,136 | -14.9% |
| NKGN | March 31, 2025 | 43,088 | $28,231 | No longer tracked |