13F HOLDINGS REPORT
ADVISORY RESEARCH INC
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0000902584-26-000002
Total Value
$795.7M
Positions
176
Other Managers
1
Confidential Omitted
No
Holdings (176)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TRIMAS CORP | TRS | 1,064,053 | $37.7M | 4.74% |
| 2 | OPENLANE INC | OPLN | 1,091,650 | $32.5M | 4.09% |
| 3 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 106,654 | $32.4M | 4.07% |
| 4 | DAILY JOURNAL CORP | DJCO | 62,814 | $30.6M | 3.85% |
| 5 | TAPESTRY INC | TPR | 231,408 | $29.6M | 3.72% |
| 6 | PHILIP MORRIS INTL INC | 718172109 | 178,542 | $28.6M | 3.60% |
| 7 | BROADCOM INC | AVGO | 82,424 | $28.5M | 3.59% |
| 8 | ALPHABET INC | GOOG | 90,667 | $28.4M | 3.57% |
| 9 | MYERS INDS INC | 628464109 | 1,249,875 | $23.4M | 2.94% |
| 10 | PURSUIT ATTRACTIONS AND HOSP | 92552R406 | 663,515 | $22.3M | 2.81% |
| 11 | MGIC INVT CORP WIS | 552848103 | 764,479 | $22.3M | 2.81% |
| 12 | BEL FUSE INC | BELFB | 129,236 | $21.9M | 2.75% |
| 13 | MICROSOFT CORP | MSFT | 41,743 | $20.2M | 2.54% |
| 14 | JBT MAREL CORPORATION | JBTM | 124,230 | $18.7M | 2.35% |
| 15 | CME GROUP INC | CME | 62,402 | $17.0M | 2.14% |
| 16 | KEURIG DR PEPPER INC | KDP | 589,003 | $16.5M | 2.07% |
| 17 | ABBVIE INC | ABBV | 70,693 | $16.2M | 2.03% |
| 18 | PHINIA INC | PHIN | 255,046 | $16.0M | 2.01% |
| 19 | GSK PLC | GLAXF | 323,838 | $15.9M | 2.00% |
| 20 | AMERICAN ELEC PWR CO INC | 025537101 | 136,315 | $15.7M | 1.98% |
| 21 | LEGACY HOUSING CORP | LEGH | 696,610 | $13.6M | 1.71% |
| 22 | PERFORMANCE FOOD GROUP CO | PFGC | 125,650 | $11.3M | 1.42% |
| 23 | KB FINL GROUP INC | 48241A105 | 122,024 | $10.5M | 1.32% |
| 24 | META PLATFORMS INC | META | 15,823 | $10.4M | 1.31% |
| 25 | HUBBELL INC | HUBB | 23,460 | $10.4M | 1.31% |
| 26 | ACV AUCTIONS INC | ACVA | 1,002,648 | $8.0M | 1.01% |
| 27 | LAMAR ADVERTISING CO NEW | LAMR | 60,425 | $7.6M | 0.96% |
| 28 | HOLLEY INC | HLLY-WT | 1,842,770 | $7.6M | 0.96% |
| 29 | EMERALD HOLDING INC | EEX | 1,649,351 | $7.4M | 0.93% |
| 30 | ISHARES TR | 46436E718 | 72,188 | $7.2M | 0.91% |
| 31 | FERGUSON ENTERPRISES INC | FERG | 31,948 | $7.1M | 0.89% |
| 32 | BRITISH AMERN TOB PLC | 110448107 | 117,802 | $6.7M | 0.84% |
| 33 | UNILEVER PLC | UNLYF | 96,671 | $6.3M | 0.79% |
| 34 | LAM RESEARCH CORP | LRCX | 28,106 | $4.8M | 0.60% |
| 35 | HONDA MOTOR LTD | HNDAF | 142,234 | $4.2M | 0.53% |
| 36 | VANGUARD SCOTTSDALE FDS | 92206C102 | 69,657 | $4.1M | 0.51% |
| 37 | STEEL DYNAMICS INC | STLD | 22,827 | $3.9M | 0.49% |
| 38 | NICOLET BANKSHARES INC | NIC | 31,653 | $3.8M | 0.48% |
| 39 | SOUTHSTATE BK CORP | 84472E102 | 40,324 | $3.8M | 0.48% |
| 40 | DANAOS CORPORATION | DAC | 39,648 | $3.7M | 0.47% |
| 41 | VANGUARD SCOTTSDALE FDS | 92206C870 | 44,466 | $3.7M | 0.47% |
| 42 | MOLSON COORS BEVERAGE CO | TAP-A | 79,559 | $3.7M | 0.47% |
| 43 | ISHARES TR | 464288679 | 33,491 | $3.7M | 0.46% |
| 44 | VANGUARD BD INDEX FDS | 92203C303 | 73,411 | $3.7M | 0.46% |
| 45 | HOME DEPOT INC | HD | 9,727 | $3.3M | 0.42% |
| 46 | APPLE INC | AAPL | 11,792 | $3.2M | 0.40% |
| 47 | VANGUARD SCOTTSDALE FDS | 92206C409 | 39,811 | $3.2M | 0.40% |
| 48 | ISHARES TR | 464288638 | 57,761 | $3.1M | 0.39% |
| 49 | AMGEN INC | AMGN | 9,499 | $3.1M | 0.39% |
| 50 | INVESCO EXCHANGE TRADED FD T | IVZ | 15,512 | $3.0M | 0.37% |
| 51 | CAL MAINE FOODS INC | CALM | 35,536 | $2.8M | 0.36% |
| 52 | LOCKHEED MARTIN CORP | LMT | 5,825 | $2.8M | 0.35% |
| 53 | ARES MANAGEMENT CORPORATION | ARES-PB | 17,110 | $2.8M | 0.35% |
| 54 | ACCENTURE PLC IRELAND | ACN | 9,898 | $2.7M | 0.33% |
| 55 | VANGUARD SPECIALIZED FUNDS | 921908844 | 11,658 | $2.6M | 0.32% |
| 56 | ORACLE CORP | ORCL-PD | 12,913 | $2.5M | 0.32% |
| 57 | AXOS FINANCIAL INC | AX | 28,999 | $2.5M | 0.31% |
| 58 | ARCOSA INC | ACA | 23,340 | $2.5M | 0.31% |
| 59 | VANGUARD INDEX FDS | 922908363 | 3,947 | $2.5M | 0.31% |
| 60 | EMCOR GROUP INC | EME | 3,946 | $2.4M | 0.30% |
| 61 | NETAPP INC | NTAP | 22,417 | $2.4M | 0.30% |
| 62 | ASBURY AUTOMOTIVE GROUP INC | ABG | 10,196 | $2.4M | 0.30% |
| 63 | ISHARES TR | 464288257 | 16,180 | $2.3M | 0.29% |
| 64 | WESTERN ALLIANCE BANCORP | WAL-PA | 26,805 | $2.3M | 0.28% |
| 65 | ALKAMI TECHNOLOGY INC | ALKT | 95,540 | $2.2M | 0.28% |
| 66 | REV GROUP INC | 749527107 | 34,765 | $2.1M | 0.27% |
| 67 | WEBSTER FINL CORP | 947890109 | 32,696 | $2.1M | 0.26% |
| 68 | EAGLE MATLS INC | 26969P108 | 9,695 | $2.0M | 0.25% |
| 69 | ISHARES TR | 464288646 | 36,890 | $2.0M | 0.25% |
| 70 | FIRST MERCHANTS CORP | FRMEP | 51,575 | $1.9M | 0.24% |
| 71 | ENCOMPASS HEALTH CORP | EHC | 17,086 | $1.8M | 0.23% |
| 72 | JPMORGAN CHASE & CO. | VYLD | 5,580 | $1.8M | 0.23% |
| 73 | NRG ENERGY INC | NRG | 11,113 | $1.8M | 0.22% |
| 74 | BANK AMERICA CORP | 060505104 | 31,157 | $1.7M | 0.22% |
| 75 | ISHARES TR | 464288588 | 17,518 | $1.7M | 0.21% |
| 76 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 3,193 | $1.6M | 0.20% |
| 77 | AMERICAN EXPRESS CO | AXP | 4,167 | $1.5M | 0.19% |
| 78 | JEFFERIES FINL GROUP INC | 47233W109 | 24,560 | $1.5M | 0.19% |
| 79 | VALVOLINE INC | VVV | 52,220 | $1.5M | 0.19% |
| 80 | TJX COS INC NEW | 872540109 | 9,828 | $1.5M | 0.19% |
| 81 | VANGUARD TAX-MANAGED FDS | 921943858 | 24,026 | $1.5M | 0.19% |
| 82 | CDW CORP | CDW | 10,958 | $1.5M | 0.19% |
| 83 | DRIVEN BRANDS HLDGS INC | DRVN | 99,740 | $1.5M | 0.19% |
| 84 | VANGUARD INDEX FDS | 922908629 | 4,966 | $1.4M | 0.18% |
| 85 | HEALTHEQUITY INC | HQY | 15,544 | $1.4M | 0.18% |
| 86 | UNION PAC CORP | UNP | 6,107 | $1.4M | 0.18% |
| 87 | M-TRON INDS INC | 55380K109 | 26,133 | $1.4M | 0.17% |
| 88 | SPDR SERIES TRUST | 78464A870 | 11,269 | $1.4M | 0.17% |
| 89 | UNUM GROUP | UNMA | 17,325 | $1.3M | 0.17% |
| 90 | DAILY JOURNAL CORP | DJCO | 2,750 | $1.3M | 0.17% |
| 91 | ISHARES TR | 464287655 | 5,364 | $1.3M | 0.17% |
| 92 | AUTOZONE INC | AZO | 382 | $1.3M | 0.16% |
| 93 | ALLISON TRANSMISSION HLDGS I | ALSN | 12,704 | $1.2M | 0.16% |
| 94 | OPENLANE INC | OPLN | 41,705 | $1.2M | 0.16% |
| 95 | VAIL RESORTS INC | MTN | 9,325 | $1.2M | 0.16% |
| 96 | ELEMENT SOLUTIONS INC | ESI | 49,127 | $1.2M | 0.15% |
| 97 | SPDR S&P 500 ETF TR | SPY | 1,798 | $1.2M | 0.15% |
| 98 | CHESAPEAKE UTILS CORP | 165303108 | 9,728 | $1.2M | 0.15% |
| 99 | NVENT ELECTRIC PLC | NVT | 11,763 | $1.2M | 0.15% |
| 100 | CHEVRON CORP NEW | CVX | 7,781 | $1.2M | 0.15% |
| 101 | NCINO INC | NCNO | 45,942 | $1.2M | 0.15% |
| 102 | MCDONALDS CORP | MCD | 3,820 | $1.2M | 0.15% |
| 103 | INVESCO LTD | IVZ | 43,861 | $1.2M | 0.14% |
| 104 | FLYWIRE CORPORATION | FLYW | 80,925 | $1.1M | 0.14% |
| 105 | TRIMAS CORP | TRS | 31,960 | $1.1M | 0.14% |
| 106 | GATES INDL CORP PLC | G39108108 | 51,984 | $1.1M | 0.14% |
| 107 | ACM RESH INC | 00108J109 | 27,324 | $1.1M | 0.14% |
| 108 | PURSUIT ATTRACTIONS AND HOSP | 92552R406 | 31,306 | $1.1M | 0.13% |
| 109 | MYERS INDS INC | 628464109 | 53,053 | $993,152 | 0.12% |
| 110 | SUPERNUS PHARMACEUTICALS INC | SUPN | 19,975 | $992,758 | 0.12% |
| 111 | MONTE ROSA THERAPEUTICS INC | GLUE | 63,220 | $991,290 | 0.12% |
| 112 | ABBOTT LABS | ABLZF | 7,740 | $969,745 | 0.12% |
| 113 | CONOCOPHILLIPS | COP | 10,345 | $968,395 | 0.12% |
| 114 | GENPACT LIMITED | G | 20,672 | $967,036 | 0.12% |
| 115 | NICOLET BANKSHARES INC | NIC | 7,943 | $963,486 | 0.12% |
| 116 | GENIUS SPORTS LIMITED | GENI | 86,973 | $958,442 | 0.12% |
| 117 | MATADOR RES CO | MTDR | 22,441 | $952,396 | 0.12% |
| 118 | BEL FUSE INC | BELFB | 5,554 | $942,125 | 0.12% |
| 119 | JBT MAREL CORPORATION | JBTM | 6,169 | $929,483 | 0.12% |
| 120 | WHITESTONE REIT | WSR | 66,829 | $928,255 | 0.12% |
| 121 | REGAL REXNORD CORPORATION | RRX | 6,598 | $925,831 | 0.12% |
| 122 | ISHARES TR | 464287457 | 11,154 | $923,774 | 0.12% |
| 123 | UFP INDUSTRIES INC | UFPI | 10,063 | $916,236 | 0.12% |
| 124 | PHINIA INC | PHIN | 14,579 | $913,958 | 0.11% |
| 125 | PERFORMANCE FOOD GROUP CO | PFGC | 10,116 | $909,631 | 0.11% |
| 126 | ARCOSA INC | ACA | 8,434 | $896,703 | 0.11% |
| 127 | ONESPAWORLD HOLDINGS LIMITED | OSW | 43,053 | $892,919 | 0.11% |
| 128 | STOCK YDS BANCORP INC | 861025104 | 13,240 | $859,938 | 0.11% |
| 129 | PATRICK INDS INC | 703343103 | 7,804 | $846,188 | 0.11% |
| 130 | TD SYNNEX CORPORATION | SNX | 5,567 | $836,330 | 0.11% |
| 131 | ALKAMI TECHNOLOGY INC | ALKT | 34,116 | $787,056 | 0.10% |
| 132 | RALLIANT CORP | RAL | 15,381 | $783,047 | 0.10% |
| 133 | WEBSTER FINL CORP | 947890109 | 12,154 | $764,973 | 0.10% |
| 134 | BOYD GAMING CORP | BYD | 8,964 | $764,091 | 0.10% |
| 135 | BLOCK H & R INC | BSQKZ | 17,526 | $763,783 | 0.10% |
| 136 | REV GROUP INC | 749527107 | 12,439 | $756,416 | 0.10% |
| 137 | UNITEDHEALTH GROUP INC | UNH | 2,242 | $740,107 | 0.09% |
| 138 | TOAST INC | TOST | 20,695 | $734,879 | 0.09% |
| 139 | ACV AUCTIONS INC | ACVA | 90,099 | $722,594 | 0.09% |
| 140 | EAGLE MATLS INC | 26969P108 | 3,481 | $719,453 | 0.09% |
| 141 | BLACKSTONE INC | BX | 4,667 | $719,371 | 0.09% |
| 142 | COPART INC | CPRT | 18,036 | $706,109 | 0.09% |
| 143 | DRIVEN BRANDS HLDGS INC | DRVN | 46,461 | $688,552 | 0.09% |
| 144 | IMPINJ INC | PI | 3,873 | $673,941 | 0.08% |
| 145 | LEGACY HOUSING CORP | LEGH | 34,334 | $670,200 | 0.08% |
| 146 | CAL MAINE FOODS INC | CALM | 8,315 | $661,625 | 0.08% |
| 147 | SOUTHSTATE BK CORP | 84472E102 | 6,961 | $655,100 | 0.08% |
| 148 | FIRST MERCHANTS CORP | FRMEP | 16,864 | $632,063 | 0.08% |
| 149 | EMERALD HOLDING INC | EEX | 139,806 | $624,933 | 0.08% |
| 150 | BELLRING BRANDS INC | BRBR | 23,379 | $624,921 | 0.08% |
| 151 | FULLER H B CO | FUL | 10,436 | $620,525 | 0.08% |
| 152 | PROGRESS SOFTWARE CORP | 743312100 | 14,359 | $616,863 | 0.08% |
| 153 | ADDUS HOMECARE CORP | ADUS | 5,623 | $603,854 | 0.08% |
| 154 | JEFFERIES FINL GROUP INC | 47233W109 | 9,093 | $563,493 | 0.07% |
| 155 | VALVOLINE INC | VVV | 18,932 | $550,164 | 0.07% |
| 156 | RELIANCE INC | RS | 1,892 | $546,542 | 0.07% |
| 157 | SPIRE INC | SRJN | 6,297 | $520,762 | 0.07% |
| 158 | NCINO INC | NCNO | 20,023 | $513,390 | 0.06% |
| 159 | HEALTHEQUITY INC | HQY | 5,525 | $506,145 | 0.06% |
| 160 | M-TRON INDS INC | 55380K109 | 9,466 | $503,781 | 0.06% |
| 161 | ACI WORLDWIDE INC | ACIW | 9,842 | $470,546 | 0.06% |
| 162 | SUPER GROUP SGHC LIMITED | SGHC | 37,688 | $450,372 | 0.06% |
| 163 | VAIL RESORTS INC | MTN | 3,380 | $448,864 | 0.06% |
| 164 | STOCK YDS BANCORP INC | 861025104 | 6,551 | $425,487 | 0.05% |
| 165 | FLYWIRE CORPORATION | FLYW | 28,969 | $410,201 | 0.05% |
| 166 | AMPHASTAR PHARMACEUTICALS IN | AMPH | 15,161 | $406,012 | 0.05% |
| 167 | ASBURY AUTOMOTIVE GROUP INC | ABG | 1,733 | $402,974 | 0.05% |
| 168 | HOLLEY INC | HLLY-WT | 87,986 | $363,382 | 0.05% |
| 169 | ONESPAWORLD HOLDINGS LIMITED | OSW | 15,118 | $313,547 | 0.04% |
| 170 | MAGNUM ICE CREAM CO NV | MICC | 18,967 | $300,627 | 0.04% |
| 171 | CANTALOUPE INC | CTLPP | 24,860 | $264,013 | 0.03% |
| 172 | SPDR SERIES TRUST | 78464A763 | 1,743 | $242,556 | 0.03% |
| 173 | PROSHARES TR | 74348A467 | 2,231 | $232,180 | 0.03% |
| 174 | HEARTBEAM INC | BEATW | 50,000 | $120,000 | 0.02% |
| 175 | CUE BIOPHARMA INC | CUE | 257,225 | $78,557 | 0.01% |
| 176 | ATOMERA INC | ATOM | 20,000 | $44,200 | 0.01% |