13F HOLDINGS REPORT
Polaris Capital Management, LLC
Quarter ended Q1 2025 · Filed May 14, 2025 · Accession 0001144969-25-000004
Total Value
$1.75B
Positions
91
Other Managers
1
Confidential Omitted
No
Holdings (91)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | POPULAR INC | BPOPM | 1,334,348 | $123.3M | 7.05% |
| 2 | VIPSHOP HOLDINGS LTD - ADR | VIPS | 7,705,700 | $120.8M | 6.91% |
| 3 | SMURFIT WESTROCK PLC | SW | 2,470,323 | $111.3M | 6.37% |
| 4 | LINDE PLC | LIN | 237,620 | $110.6M | 6.33% |
| 5 | JAZZ PHARMACEUTICALS PLC | JAZZ | 879,160 | $109.1M | 6.24% |
| 6 | TECNOGLASS INC | TGLS | 783,964 | $56.1M | 3.21% |
| 7 | ALLISON TRANSMISSION HOLDING | ALSN | 493,800 | $47.2M | 2.70% |
| 8 | SLM CORP | SLMBP | 1,567,400 | $46.0M | 2.63% |
| 9 | UNITED THERAPEUTICS CORP | UTHR | 137,050 | $42.2M | 2.42% |
| 10 | GILEAD SCIENCES INC | GILD | 359,700 | $40.3M | 2.30% |
| 11 | NOMAD FOODS LTD | NOMD | 2,031,800 | $39.9M | 2.28% |
| 12 | JPMORGAN CHASE & CO | VYLD | 160,944 | $39.5M | 2.26% |
| 13 | INTERNATIONAL BANCSHARES CORP | INTR | 613,804 | $38.7M | 2.21% |
| 14 | CROCS INC | CROX | 337,401 | $35.8M | 2.05% |
| 15 | CAPITAL ONE FINANCIAL CORP | COF-PN | 196,865 | $35.3M | 2.02% |
| 16 | INGREDION INC | INGR | 255,600 | $34.6M | 1.98% |
| 17 | CVS HEALTH CORP | CVS | 507,400 | $34.4M | 1.97% |
| 18 | ABBVIE INC | ABBV | 163,644 | $34.3M | 1.96% |
| 19 | WEBSTER FINANCIAL CORP - CT | 947890109 | 659,401 | $34.0M | 1.94% |
| 20 | CHUBB LTD | CB | 111,849 | $33.8M | 1.93% |
| 21 | CULLEN/FROST BANKERS INC | CFR-PB | 268,400 | $33.6M | 1.92% |
| 22 | GAMING AND LEISURE PROPERTIE | 36467J108 | 634,000 | $32.3M | 1.85% |
| 23 | GENERAL DYNAMICS CORP. | GD | 117,154 | $31.9M | 1.83% |
| 24 | WILLIAMS COS INC | 969457100 | 530,800 | $31.7M | 1.81% |
| 25 | TYSON FOODS INC-CL A | TSN | 480,648 | $30.7M | 1.75% |
| 26 | ARROW ELECTRONICS INC | 042735100 | 289,803 | $30.1M | 1.72% |
| 27 | MKS INSTRUMENTS INC | MKSI | 373,600 | $29.9M | 1.71% |
| 28 | M & T BANK CORP | 55261F104 | 166,294 | $29.7M | 1.70% |
| 29 | NEXTERA ENERGY INC | NEE-PW | 414,912 | $29.4M | 1.68% |
| 30 | CARLYLE GROUP INC/THE | CGABL | 653,900 | $28.5M | 1.63% |
| 31 | ELEVANCE HEALTH INC | ELV | 65,141 | $28.3M | 1.62% |
| 32 | SCIENCE APPLICATIONS INTE | 808625107 | 246,000 | $27.6M | 1.58% |
| 33 | LKQ CORP | LKQ | 645,900 | $27.5M | 1.57% |
| 34 | MARATHON PETROLEUM CORP | MARA | 187,532 | $27.3M | 1.56% |
| 35 | UNITEDHEALTH GROUP INC | UNH | 51,512 | $27.0M | 1.54% |
| 36 | NOV INC | NOV | 1,384,260 | $21.1M | 1.20% |
| 37 | SALLY BEAUTY HOLDINGS INC | SBH | 2,258,429 | $20.4M | 1.17% |
| 38 | NORTHEAST BANK | 66405S100 | 51,800 | $4.7M | 0.27% |
| 39 | SOUTH PLAINS FINANCIAL INC | SPFI | 137,900 | $4.6M | 0.26% |
| 40 | OFG BANCORP | OFG | 112,100 | $4.5M | 0.26% |
| 41 | HOMETRUST BANCSHARES INC | HTB | 119,400 | $4.1M | 0.23% |
| 42 | INGLES MARKETS INC-CLASS A | 457030104 | 56,283 | $3.7M | 0.21% |
| 43 | CITY HOLDING CO | CHCO | 23,695 | $2.8M | 0.16% |
| 44 | SOUTH STATE CORP | SSB | 28,361 | $2.6M | 0.15% |
| 45 | COVENANT LOGISTICS GROUP INC | CVLG | 106,400 | $2.4M | 0.14% |
| 46 | BANK OF N.T. BUTTERFIELD&SON | G0772R208 | 54,600 | $2.1M | 0.12% |
| 47 | BARRETT BUSINESS SVCS INC | 068463108 | 49,800 | $2.0M | 0.12% |
| 48 | NETSTREIT CORP | NTST | 125,600 | $2.0M | 0.11% |
| 49 | EVERTEC INC | EVTC | 53,900 | $2.0M | 0.11% |
| 50 | ESSENTIAL PROPERTIES REALTY | 29670E107 | 60,700 | $2.0M | 0.11% |
| 51 | COLONY BANKCORP INC. | CBAN | 122,079 | $2.0M | 0.11% |
| 52 | INDEPENDENT BANK CORP/MA | 453836108 | 30,739 | $1.9M | 0.11% |
| 53 | PEOPLES BANCORP INC | PEBO | 64,700 | $1.9M | 0.11% |
| 54 | BOK FINANCIAL CORPORATION | 05561Q201 | 18,164 | $1.9M | 0.11% |
| 55 | BAR HARBOR BANKSHARES | 066849100 | 62,700 | $1.8M | 0.11% |
| 56 | AIR LEASE CORP | AIIR | 37,900 | $1.8M | 0.10% |
| 57 | PERDOCEO EDUCATION CORP | PRDO | 71,200 | $1.8M | 0.10% |
| 58 | PROGRESS SOFTWARE CORP | 743312100 | 34,600 | $1.8M | 0.10% |
| 59 | SOUTHSIDE BANCSHARES INC | SBSI | 61,500 | $1.8M | 0.10% |
| 60 | CSG SYSTEMS INTL INC | 126349109 | 29,000 | $1.8M | 0.10% |
| 61 | ENNIS INC | EBF | 86,800 | $1.7M | 0.10% |
| 62 | CABOT CORP | CBT | 20,973 | $1.7M | 0.10% |
| 63 | DNOW INC | DNOW | 101,700 | $1.7M | 0.10% |
| 64 | DIAMONDBACK ENERGY INC | FANG | 10,670 | $1.7M | 0.10% |
| 65 | EPLUS INC | PLUS | 27,600 | $1.7M | 0.10% |
| 66 | BUSINESS FIRST BANCSHARES | BFST | 65,000 | $1.6M | 0.09% |
| 67 | APPLIED INDUSTRIAL TECH INC | 03820C105 | 7,000 | $1.6M | 0.09% |
| 68 | EXELIXIS INC | EXEL | 42,100 | $1.6M | 0.09% |
| 69 | EAGLE MATERIALS INC | 26969P108 | 7,000 | $1.6M | 0.09% |
| 70 | GRAPHIC PACKAGING HOLDING CO | GPK | 58,700 | $1.5M | 0.09% |
| 71 | SUPERNUS PHARMACEUTICALS INC | SUPN | 43,100 | $1.4M | 0.08% |
| 72 | LAUREATE EDUCATION INC | LAUR | 68,600 | $1.4M | 0.08% |
| 73 | CVR ENERGY INC | CVI | 67,000 | $1.3M | 0.07% |
| 74 | WINNEBAGO INDUSTRIES | 974637100 | 36,467 | $1.3M | 0.07% |
| 75 | ACUITY BRANDS INC | AYI | 4,700 | $1.2M | 0.07% |
| 76 | HARMONY BIOSCIENCES HOLDINGS | HRMY | 36,100 | $1.2M | 0.07% |
| 77 | CARLISLE COS INC | 142339100 | 3,500 | $1.2M | 0.07% |
| 78 | BUCKLE INC/THE | BKE | 29,300 | $1.1M | 0.06% |
| 79 | KFORCE INC | KFRC | 22,894 | $1.1M | 0.06% |
| 80 | WABASH NATIONAL CORP | 929566107 | 97,800 | $1.1M | 0.06% |
| 81 | V2X INC | VVX | 21,400 | $1.0M | 0.06% |
| 82 | AMERICAN EAGLE OUTFITTERS | AEO | 82,400 | $957,488 | 0.05% |
| 83 | AMPHASTAR PHARMACEUTICALS IN | AMPH | 30,800 | $892,892 | 0.05% |
| 84 | MAXIMUS INC | MMS | 12,700 | $866,013 | 0.05% |
| 85 | FIRST SEACOAST BANCORP INC | FSEA | 70,637 | $822,921 | 0.05% |
| 86 | REGAL REXNORD CORP | RRX | 6,789 | $772,928 | 0.04% |
| 87 | GLOBAL MEDICAL REIT INC | 37954A204 | 76,600 | $670,250 | 0.04% |
| 88 | CREDICORP LTD | BAP | 3,600 | $670,176 | 0.04% |
| 89 | EURONET WORLDWIDE INC | EEFT | 5,400 | $576,990 | 0.03% |
| 90 | KIMBALL ELECTRONICS INC | KE | 15,500 | $254,975 | 0.01% |
| 91 | CFSB BANCORP INC | 12530C107 | 24,300 | $185,409 | 0.01% |