# KENNEDY CAPITAL MANAGEMENT LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 884589. Source: https://holderbook.com/funds/884589-kennedy-capital-management-llc/

- Reported value: $5.6B
- Positions: 543
- Weight of the ten largest: 9.7%
- 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 |
|---|---|---|---|---|---|
| MERCURY SYS INC | [MRCY](https://holderbook.com/stocks/MRCY/) | $72.4M | 591,802 | 1.3% | 8 |
| VALMONT INDS INC | [VMI](https://holderbook.com/stocks/VMI/) | $62.8M | 108,802 | 1.1% | 31 |
| CHEFS WHSE INC | [CHEF](https://holderbook.com/stocks/CHEF/) | $62.7M | 652,042 | 1.1% | 23 |
| RALLIANT CORP | [RAL](https://holderbook.com/stocks/RAL/) | $62.4M | 847,990 | 1.1% | 2 |
| QCR HLDGS INC | [QCRH](https://holderbook.com/stocks/QCRH/) | $55.0M | 565,484 | 1.0% | 31 |
| ALLEGRO MICROSYSTEMS INC | [ALGM](https://holderbook.com/stocks/ALGM/) | $48.0M | 689,668 | 0.9% | 18 |
| TEREX CORP NEW | [TEX](https://holderbook.com/stocks/TEX/) | $47.7M | 658,738 | 0.8% | 2 |
| STANDARDAERO INC | [SARO](https://holderbook.com/stocks/SARO/) | $47.2M | 1,578,131 | 0.8% | 3 |
| PENGUIN SOLUTIONS INC | [PENG](https://holderbook.com/stocks/PENG/) | $46.4M | 610,743 | 0.8% | 5 |
| GATES INDL CORP LTD COM SHS | - | $45.7M | 1,632,415 | 0.8% | 1 |
| MATERION CORP | [MTRN](https://holderbook.com/stocks/MTRN/) | $44.2M | 148,769 | 0.8% | 31 |
| HALOZYME THERAPEUTICS INC | [HALO](https://holderbook.com/stocks/HALO/) | $42.7M | 544,994 | 0.8% | 31 |
| ONTO INNOVATION INC | [ONTO](https://holderbook.com/stocks/ONTO/) | $42.4M | 111,907 | 0.7% | 12 |
| AXOS FINANCIAL INC | [AX](https://holderbook.com/stocks/AX/) | $41.5M | 426,294 | 0.7% | 31 |
| ENERSYS | [ENS](https://holderbook.com/stocks/ENS/) | $40.1M | 171,566 | 0.7% | 31 |
| ICHOR HOLDINGS | [ICHR](https://holderbook.com/stocks/ICHR/) | $40.1M | 357,008 | 0.7% | 31 |
| WINTRUST FINL CORP | [WTFC](https://holderbook.com/stocks/WTFC/) | $37.6M | 233,889 | 0.7% | 31 |
| HF SINCLAIR CORP | [DINO](https://holderbook.com/stocks/DINO/) | $37.6M | 539,602 | 0.7% | 18 |
| ALAMO GROUP INC | [ALG](https://holderbook.com/stocks/ALG/) | $37.3M | 226,940 | 0.7% | 31 |
| FIRST INDL RLTY TR INC | [FR](https://holderbook.com/stocks/FR/) | $36.8M | 600,891 | 0.7% | 12 |
| AZZ INC | [AZZ](https://holderbook.com/stocks/AZZ/) | $35.7M | 230,463 | 0.6% | 24 |
| SOUTHSTATE BK CORP | [SSB](https://holderbook.com/stocks/SSB/) | $34.4M | 344,799 | 0.6% | 4 |
| BANK OZK LITTLE ROCK ARK | [OZK](https://holderbook.com/stocks/OZK/) | $34.4M | 660,025 | 0.6% | 27 |
| ORIGIN BANCORP INC | [OBK](https://holderbook.com/stocks/OBK/) | $34.3M | 669,700 | 0.6% | 31 |
| STIFEL FINL CORP | [SF](https://holderbook.com/stocks/SF/) | $33.4M | 478,500 | 0.6% | 31 |
| DUCOMMUN INC DEL | [DCO](https://holderbook.com/stocks/DCO/) | $33.1M | 178,558 | 0.6% | 21 |
| CONNECTONE BANCORP INC | [CNOB](https://holderbook.com/stocks/CNOB/) | $33.0M | 985,475 | 0.6% | 4 |
| SOLARIS ENERGY INFRAS INC | [SEI](https://holderbook.com/stocks/SEI/) | $32.5M | 404,104 | 0.6% | 18 |
| FULLER H B CO | [FUL](https://holderbook.com/stocks/FUL/) | $32.2M | 552,832 | 0.6% | 31 |
| LIVANOVA PLC | [LIVN](https://holderbook.com/stocks/LIVN/) | $32.0M | 389,073 | 0.6% | 20 |
| PERSONALIS INC | [PSNL](https://holderbook.com/stocks/PSNL/) | $31.7M | 2,364,282 | 0.6% | 6 |
| MAGNITE INC | [MGNI](https://holderbook.com/stocks/MGNI/) | $31.6M | 1,666,799 | 0.6% | 20 |
| CRANE COMPANY | [CR](https://holderbook.com/stocks/CR/) | $31.3M | 140,358 | 0.6% | 12 |
| RXO INC | [RXO](https://holderbook.com/stocks/RXO/) | $30.6M | 1,108,441 | 0.5% | 3 |
| BOOT BARN HLDGS INC | [BOOT](https://holderbook.com/stocks/BOOT/) | $30.0M | 182,631 | 0.5% | 7 |
| NATIONAL BK HLDGS CORP | [NBHC](https://holderbook.com/stocks/NBHC/) | $29.6M | 666,354 | 0.5% | 31 |
| OSHKOSH CORP | [OSK](https://holderbook.com/stocks/OSK/) | $29.4M | 191,865 | 0.5% | 11 |
| OLD SECOND BANCORP INC DEL | [OSBC](https://holderbook.com/stocks/OSBC/) | $28.8M | 1,236,983 | 0.5% | 31 |
| ASTEC INDS INC | [ASTE](https://holderbook.com/stocks/ASTE/) | $28.8M | 471,146 | 0.5% | 29 |
| CHORD ENERGY CORPORATION | [CHRD](https://holderbook.com/stocks/CHRD/) | $28.7M | 251,272 | 0.5% | 2 |
| ADVANCED ENERGY INDS | [AEIS](https://holderbook.com/stocks/AEIS/) | $27.2M | 72,835 | 0.5% | 2 |
| RANGE RES CORP | [RRC](https://holderbook.com/stocks/RRC/) | $27.1M | 729,126 | 0.5% | 23 |
| CATALYST PHARMACEUTICALS INC | [CPRX](https://holderbook.com/stocks/CPRX/) | $26.9M | 856,609 | 0.5% | 13 |
| ADDUS HOMECARE CORP | [ADUS](https://holderbook.com/stocks/ADUS/) | $26.5M | 263,955 | 0.5% | 26 |
| CASELLA WASTE SYS INC | [CWST](https://holderbook.com/stocks/CWST/) | $26.5M | 272,908 | 0.5% | 31 |
| BANCORP INC DEL | [TBBK](https://holderbook.com/stocks/TBBK/) | $25.9M | 413,775 | 0.5% | 31 |
| ACUSHNET HLDGS CORP | [GOLF](https://holderbook.com/stocks/GOLF/) | $25.9M | 218,597 | 0.5% | 8 |
| NORTHEAST BK PORTLAND ME | [NBN](https://holderbook.com/stocks/NBN/) | $25.8M | 194,801 | 0.5% | 23 |
| CECO ENVIRONMENTAL CORP | [CECO](https://holderbook.com/stocks/CECO/) | $25.8M | 284,314 | 0.5% | 28 |
| PATRICK INDS INC | [PATK](https://holderbook.com/stocks/PATK/) | $25.6M | 285,316 | 0.5% | 9 |
| KONTOOR BRANDS INC | [KTB](https://holderbook.com/stocks/KTB/) | $25.3M | 304,035 | 0.4% | 4 |
| CAVCO INDS INC DEL | [CVCO](https://holderbook.com/stocks/CVCO/) | $25.3M | 41,242 | 0.4% | 29 |
| ADAPTHEALTH CORP | [AHCO](https://holderbook.com/stocks/AHCO/) | $25.1M | 2,410,614 | 0.4% | 21 |
| PIPER SANDLER COMPANIES | [PIPR](https://holderbook.com/stocks/PIPR/) | $25.0M | 345,329 | 0.4% | 2 |
| ENPRO INC | [NPO](https://holderbook.com/stocks/NPO/) | $25.0M | 66,272 | 0.4% | 13 |
| QUAKER HOUGHTON | [KWR](https://holderbook.com/stocks/KWR/) | $24.9M | 156,874 | 0.4% | 15 |
| PROGRESS SOFTWARE CORP | [PRGS](https://holderbook.com/stocks/PRGS/) | $24.9M | 741,875 | 0.4% | 16 |
| 1ST SOURCE CORP | [SRCE](https://holderbook.com/stocks/SRCE/) | $24.9M | 304,837 | 0.4% | 31 |
| ANI PHARMACEUTICALS INC | [ANIP](https://holderbook.com/stocks/ANIP/) | $24.5M | 295,938 | 0.4% | 17 |
| ATRICURE INC | [ATRC](https://holderbook.com/stocks/ATRC/) | $24.0M | 857,787 | 0.4% | 26 |
| ASSURANT INC | [AIZ](https://holderbook.com/stocks/AIZ/) | $24.0M | 89,235 | 0.4% | 28 |
| AMERICAN HEALTHCARE REIT INC | [AHR](https://holderbook.com/stocks/AHR/) | $23.9M | 458,273 | 0.4% | 6 |
| KITE REALTY GROUP TRUST | [KRG](https://holderbook.com/stocks/KRG/) | $23.7M | 835,890 | 0.4% | 24 |
| EAGLE MATLS INC | [EXP](https://holderbook.com/stocks/EXP/) | $23.5M | 104,266 | 0.4% | 31 |
| STANDEX INTL CORP | [SXI](https://holderbook.com/stocks/SXI/) | $23.2M | 64,850 | 0.4% | 4 |
| GLOBUS MED INC | [GMED](https://holderbook.com/stocks/GMED/) | $22.0M | 278,707 | 0.4% | 17 |
| LEMAITRE VASCULAR INC | [LMAT](https://holderbook.com/stocks/LMAT/) | $22.0M | 228,934 | 0.4% | 31 |
| GLACIER BANCORP INC NEW | [GBCI](https://holderbook.com/stocks/GBCI/) | $21.9M | 424,376 | 0.4% | 12 |
| RHYTHM PHARMACEUTICALS INC | [RYTM](https://holderbook.com/stocks/RYTM/) | $21.5M | 193,215 | 0.4% | 6 |
| PERFORMANCE FOOD GROUP CO | [PFGC](https://holderbook.com/stocks/PFGC/) | $21.2M | 189,951 | 0.4% | 31 |
| APPLIED OPTOELECTRONICS INC | [AAOI](https://holderbook.com/stocks/AAOI/) | $21.2M | 143,000 | 0.4% | 3 |
| TEXAS CAP BANCSHARES INC | [TCBI](https://holderbook.com/stocks/TCBI/) | $21.2M | 204,918 | 0.4% | 22 |
| SHARKNINJA INC | [SN](https://holderbook.com/stocks/SN/) | $21.1M | 138,540 | 0.4% | 5 |
| METROPOLITAN BK HLDG CORP | [MCB](https://holderbook.com/stocks/MCB/) | $21.0M | 212,244 | 0.4% | 2 |
| INTEGER HLDGS CORP | [ITGR](https://holderbook.com/stocks/ITGR/) | $20.8M | 222,619 | 0.4% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $20.8M | 17,324 | 0.4% | 10 |
| LIFE TIME GROUP HOLDINGS INC | [LTH](https://holderbook.com/stocks/LTH/) | $20.7M | 507,764 | 0.4% | 6 |
| IDACORP INC | [IDA](https://holderbook.com/stocks/IDA/) | $20.5M | 135,592 | 0.4% | 31 |
| PHILLIPS EDISON & CO INC | [PECO](https://holderbook.com/stocks/PECO/) | $20.1M | 481,848 | 0.4% | 9 |
| HELIOS TECHNOLOGIES INC | [HLIO](https://holderbook.com/stocks/HLIO/) | $19.9M | 222,678 | 0.4% | 4 |
| SOUTHWEST GAS HLDGS INC | [SWX](https://holderbook.com/stocks/SWX/) | $19.4M | 218,898 | 0.3% | 1 |
| JACKSON FINANCIAL INC | [JXN](https://holderbook.com/stocks/JXN/) | $19.0M | 185,657 | 0.3% | 4 |
| ICU MED INC | [ICUI](https://holderbook.com/stocks/ICUI/) | $19.0M | 129,329 | 0.3% | 31 |
| TD SYNNEX CORPORATION | [SNX](https://holderbook.com/stocks/SNX/) | $18.9M | 70,538 | 0.3% | 31 |
| LSI INDS INC OHIO | [LYTS](https://holderbook.com/stocks/LYTS/) | $18.8M | 708,793 | 0.3% | 31 |
| THIRD COAST BANCSHARES INC | [TCBX](https://holderbook.com/stocks/TCBX/) | $18.5M | 458,725 | 0.3% | 13 |
| COUSINS PPTYS INC | [CUZ](https://holderbook.com/stocks/CUZ/) | $18.5M | 616,723 | 0.3% | 3 |
| ESSENTIAL PPTYS RLTY TR INC | [EPRT](https://holderbook.com/stocks/EPRT/) | $18.3M | 612,785 | 0.3% | 30 |
| ADAPTIVE BIOTECHNOLOGIES COR | [ADPT](https://holderbook.com/stocks/ADPT/) | $18.2M | 849,795 | 0.3% | 6 |
| ITT INC | [ITT](https://holderbook.com/stocks/ITT/) | $18.2M | 92,158 | 0.3% | 7 |
| SELECTIVE INS GROUP INC | [SIGI](https://holderbook.com/stocks/SIGI/) | $18.2M | 187,467 | 0.3% | 9 |
| RELIANCE INC | [RS](https://holderbook.com/stocks/RS/) | $18.1M | 48,357 | 0.3% | 31 |
| AXCELIS TECHNOLOGIES INC | [ACLS](https://holderbook.com/stocks/ACLS/) | $18.0M | 95,038 | 0.3% | 28 |
| HEALTHCARE SVCS GROUP INC | [HCSG](https://holderbook.com/stocks/HCSG/) | $17.8M | 725,648 | 0.3% | 15 |
| SM ENERGY COMPANY | [SM](https://holderbook.com/stocks/SM/) | $17.8M | 681,877 | 0.3% | 11 |
| UFP INDUSTRIES INC | [UFPI](https://holderbook.com/stocks/UFPI/) | $17.8M | 196,094 | 0.3% | 26 |
| PREFERRED BK LOS ANGELES CA | [PFBC](https://holderbook.com/stocks/PFBC/) | $17.8M | 167,220 | 0.3% | 10 |
| ATLANTIC UN BANKSHARES CORP | [AUB](https://holderbook.com/stocks/AUB/) | $17.6M | 416,436 | 0.3% | 4 |
| STERLING INFRASTRUCTURE INC | [STRL](https://holderbook.com/stocks/STRL/) | $17.6M | 20,985 | 0.3% | 3 |
| NURIX THERAPEUTICS INC | [NRIX](https://holderbook.com/stocks/NRIX/) | $17.6M | 724,508 | 0.3% | 13 |

## 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 | +24.0% | +14.8% | +9.1% | 99% |
| Q1 2026 | +2.0% | -4.6% | +6.6% | 98% |
| Q4 2025 | +4.0% | +2.4% | +1.7% | 99% |
| Q3 2025 | +7.7% | +7.8% | -0.2% | 99% |
| Q2 2025 | +6.1% | +10.5% | -4.4% | 99% |
| Q1 2025 | -6.2% | -4.6% | -1.7% | 99% |
| Q4 2024 | +0.5% | +2.1% | -1.6% | 100% |
| Q3 2024 | +8.5% | +5.4% | +3.0% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $5.6B | 543 |
| Q1 2026 | $4.7B | 535 |
| Q4 2025 | $4.7B | 531 |
| Q3 2025 | $4.5B | 555 |
| Q2 2025 | $4.2B | 581 |
| Q1 2025 | $4.2B | 642 |
| Q4 2024 | $4.5B | 669 |
| Q3 2024 | $4.5B | 687 |
| Q2 2024 | $4.7B | 695 |
| Q1 2024 | $4.9B | 723 |
| Q4 2023 | $4.6B | 682 |
| Q3 2023 | $4.1B | 671 |