# IES Holdings, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1048268. Source: https://holderbook.com/funds/1048268-ies-holdings-inc/

- Reported value: $310.6M
- Positions: 17
- Weight of the ten largest: 80.4%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| CECO ENVIRONMENTAL CORP | [CECO](https://holderbook.com/stocks/CECO/) | $56.6M | 623,527 | 18.2% | 3 |
| RANGER ENERGY SVCS INC | [RNGR](https://holderbook.com/stocks/RNGR/) | $33.3M | 2,081,360 | 10.7% | 3 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $28.2M | 172,500 | 9.1% | 2 |
| BELDEN INC | [BDC](https://holderbook.com/stocks/BDC/) | $21.0M | 174,776 | 6.7% | 1 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $20.7M | 500,000 | 6.7% | 1 |
| MANITOWOC CO INC | [MTW](https://holderbook.com/stocks/MTW/) | $20.6M | 1,480,142 | 6.6% | 3 |
| QUANEX BLDG PRODS CORP | [NX](https://holderbook.com/stocks/NX/) | $20.1M | 1,079,603 | 6.5% | 3 |
| MISTRAS GROUP INC | [MG](https://holderbook.com/stocks/MG/) | $19.6M | 1,124,235 | 6.3% | 3 |
| METHODE ELECTRS INC | [MEI](https://holderbook.com/stocks/MEI/) | $16.4M | 865,768 | 5.3% | 1 |
| ANTERO RESOURCES CORP | [AR](https://holderbook.com/stocks/AR/) | $13.2M | 375,000 | 4.2% | 3 |
| UNISYS CORP | [UIS](https://holderbook.com/stocks/UIS/) | $12.4M | 3,378,514 | 4.0% | 3 |
| RANGE RES CORP | [RRC](https://holderbook.com/stocks/RRC/) | $12.0M | 321,882 | 3.9% | 3 |
| FORUM ENERGY TECHNOLOGIES IN | [FET](https://holderbook.com/stocks/FET/) | $10.7M | 212,860 | 3.4% | 3 |
| APTIV PLC | [APTV](https://holderbook.com/stocks/APTV/) | $9.2M | 150,000 | 3.0% | 1 |
| TRUEBLUE INC | [TBI](https://holderbook.com/stocks/TBI/) | $9.0M | 1,285,839 | 2.9% | 1 |
| RPC INC | [RES](https://holderbook.com/stocks/RES/) | $6.5M | 1,106,458 | 2.1% | 3 |
| TEAM INC | [TISI](https://holderbook.com/stocks/TISI/) | $1.3M | 75,002 | 0.4% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +7.7% | +14.8% | -7.2% | 100% |
| Q1 2026 | +23.4% | -4.6% | +28.0% | 96% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $310.6M | 17 |
| Q1 2026 | $214.0M | 13 |
| Q4 2025 | $171.2M | 13 |