13F HOLDINGS REPORT
Polaris Capital Management, LLC
Quarter ended Q2 2025 · Filed July 21, 2025 · Accession 0001144969-25-000005
Total Value
$1.50B
Positions
92
Other Managers
1
Confidential Omitted
No
Holdings (92)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | POPULAR INC | BPOPM | 959,330 | $105.7M | 7.03% |
| 2 | VIPSHOP HOLDINGS LTD ADR | VIPS | 5,593,300 | $84.2M | 5.60% |
| 3 | LINDE PLC | LIN | 168,269 | $78.9M | 5.25% |
| 4 | SMURFIT WESTROCK PLC | SW | 1,778,060 | $76.7M | 5.10% |
| 5 | JAZZ PHARMACEUTICALS PLC | JAZZ | 634,160 | $67.3M | 4.48% |
| 6 | TECNOGLASS INC | TGLS | 625,464 | $48.4M | 3.22% |
| 7 | SLM CORP | SLMBP | 1,460,300 | $47.9M | 3.19% |
| 8 | JPMORGAN CHASE & CO | VYLD | 150,744 | $43.7M | 2.91% |
| 9 | INTERNATIONAL BANCSHARES CORP | INTR | 573,604 | $38.2M | 2.54% |
| 10 | UNITED THERAPEUTICS CORP | UTHR | 127,650 | $36.7M | 2.44% |
| 11 | GILEAD SCIENCES INC | GILD | 324,900 | $36.0M | 2.40% |
| 12 | ARROW ELECTRONICS INC | 042735100 | 282,103 | $35.9M | 2.39% |
| 13 | MKS INC | MKSI | 361,400 | $35.9M | 2.39% |
| 14 | WEBSTER FINANCIAL CORP CT | 947890109 | 623,701 | $34.1M | 2.27% |
| 15 | CVS HEALTH CORP | CVS | 487,100 | $33.6M | 2.24% |
| 16 | CROCS INC | CROX | 329,901 | $33.4M | 2.22% |
| 17 | CULLEN/FROST BANKERS INC | CFR-PB | 254,100 | $32.7M | 2.17% |
| 18 | INGREDION INC | INGR | 238,100 | $32.3M | 2.15% |
| 19 | CARLYLE GROUP INC THE | CGABL | 627,700 | $32.3M | 2.15% |
| 20 | GENERAL DYNAMICS CORP. | GD | 110,254 | $32.2M | 2.14% |
| 21 | WILLIAMS COS INC | 969457100 | 493,200 | $31.0M | 2.06% |
| 22 | CAPITAL ONE FINANCIAL CORP | COF-PN | 143,465 | $30.5M | 2.03% |
| 23 | CHUBB LTD | CB | 104,449 | $30.3M | 2.01% |
| 24 | MARATHON PETROLEUM CORP | MARA | 177,832 | $29.5M | 1.97% |
| 25 | ALLISON TRANSMISSION HOLDING | ALSN | 308,700 | $29.3M | 1.95% |
| 26 | M & T BANK CORP | 55261F104 | 149,594 | $29.0M | 1.93% |
| 27 | ABBVIE INC | ABBV | 152,644 | $28.3M | 1.89% |
| 28 | GAMING AND LEISURE PROPERTIE | 36467J108 | 597,800 | $27.9M | 1.86% |
| 29 | NEXTERA ENERGY INC | NEE-PW | 387,487 | $26.9M | 1.79% |
| 30 | SCIENCE APPLICATIONS INTE | 808625107 | 237,500 | $26.7M | 1.78% |
| 31 | TYSON FOODS INC CL A | TSN | 451,348 | $25.2M | 1.68% |
| 32 | NOMAD FOODS LTD | NOMD | 1,441,500 | $24.5M | 1.63% |
| 33 | ELEVANCE HEALTH INC | ELV | 61,141 | $23.8M | 1.58% |
| 34 | LKQ CORP | LKQ | 624,300 | $23.1M | 1.54% |
| 35 | SALLY BEAUTY HOLDINGS INC | SBH | 2,116,929 | $19.6M | 1.30% |
| 36 | NOV INC | NOV | 1,303,660 | $16.2M | 1.08% |
| 37 | UNITEDHEALTH GROUP INC | UNH | 50,512 | $15.8M | 1.05% |
| 38 | SOUTH PLAINS FINANCIAL INC | SPFI | 134,600 | $4.9M | 0.32% |
| 39 | OFG BANCORP | OFG | 112,100 | $4.8M | 0.32% |
| 40 | NORTHEAST BANK | 66405S100 | 50,800 | $4.5M | 0.30% |
| 41 | HOMETRUST BANCSHARES INC | HTB | 113,300 | $4.2M | 0.28% |
| 42 | CITY HOLDING CO | CHCO | 22,895 | $2.8M | 0.19% |
| 43 | SOUTH STATE CORP | SSB | 28,361 | $2.6M | 0.17% |
| 44 | BANK OF N.T. BUTTERFIELD&SON | G0772R208 | 50,700 | $2.2M | 0.15% |
| 45 | PROGRESS SOFTWARE CORP | 743312100 | 34,600 | $2.2M | 0.15% |
| 46 | EPLUS INC | PLUS | 30,600 | $2.2M | 0.15% |
| 47 | NETSTREIT CORP | NTST | 125,600 | $2.1M | 0.14% |
| 48 | INGLES MARKETS INC CLASS A | 457030104 | 32,583 | $2.1M | 0.14% |
| 49 | INDEPENDENT BANK CORP MA | 453836108 | 32,439 | $2.0M | 0.14% |
| 50 | COLONY BANKCORP INC. | CBAN | 122,079 | $2.0M | 0.13% |
| 51 | PERDOCEO EDUCATION CORP | PRDO | 60,600 | $2.0M | 0.13% |
| 52 | PEOPLES BANCORP INC | PEBO | 64,700 | $2.0M | 0.13% |
| 53 | EVERTEC INC | EVTC | 53,900 | $1.9M | 0.13% |
| 54 | ESSENTIAL PROPERTIES REALTY | 29670E107 | 60,700 | $1.9M | 0.13% |
| 55 | LAUREATE EDUCATION INC | LAUR | 81,300 | $1.9M | 0.13% |
| 56 | BUSINESS FIRST BANCSHARES | BFST | 77,000 | $1.9M | 0.13% |
| 57 | CSG SYSTEMS INTL INC | 126349109 | 29,000 | $1.9M | 0.13% |
| 58 | BAR HARBOR BANKSHARES | 066849100 | 62,700 | $1.9M | 0.12% |
| 59 | AIR LEASE CORP | AIIR | 32,000 | $1.9M | 0.12% |
| 60 | COVENANT LOGISTICS GROUP INC | CVLG | 77,600 | $1.9M | 0.12% |
| 61 | SABRA HEALTH CARE REIT INC | SBRA | 101,400 | $1.9M | 0.12% |
| 62 | SOUTHSIDE BANCSHARES INC | SBSI | 61,500 | $1.8M | 0.12% |
| 63 | CVR ENERGY INC | CVI | 67,000 | $1.8M | 0.12% |
| 64 | BOK FINANCIAL CORPORATION | 05561Q201 | 18,164 | $1.8M | 0.12% |
| 65 | ENNIS INC | EBF | 97,300 | $1.8M | 0.12% |
| 66 | BARRETT BUSINESS SVCS INC | 068463108 | 41,700 | $1.7M | 0.12% |
| 67 | V2X INC | VVX | 33,800 | $1.6M | 0.11% |
| 68 | APPLIED INDUSTRIAL TECH INC | 03820C105 | 7,000 | $1.6M | 0.11% |
| 69 | PHILLIPS EDISON & COMPANY IN | PECO | 46,200 | $1.6M | 0.11% |
| 70 | DNOW INC | DNOW | 107,800 | $1.6M | 0.11% |
| 71 | CABOT CORP | CBT | 20,973 | $1.6M | 0.10% |
| 72 | DIAMONDBACK ENERGY INC | FANG | 10,670 | $1.5M | 0.10% |
| 73 | EAGLE MATERIALS INC | 26969P108 | 7,000 | $1.4M | 0.09% |
| 74 | WABASH NATIONAL CORP | 929566107 | 132,100 | $1.4M | 0.09% |
| 75 | ACUITY BRANDS INC | AYI | 4,700 | $1.4M | 0.09% |
| 76 | SUPERNUS PHARMACEUTICALS INC | SUPN | 43,100 | $1.4M | 0.09% |
| 77 | BUCKLE INC THE | BKE | 29,300 | $1.3M | 0.09% |
| 78 | CARLISLE COS INC | 142339100 | 3,500 | $1.3M | 0.09% |
| 79 | GRAPHIC PACKAGING HOLDING CO | GPK | 58,700 | $1.2M | 0.08% |
| 80 | EXELIXIS INC | EXEL | 26,300 | $1.2M | 0.08% |
| 81 | HARMONY BIOSCIENCES HOLDINGS | HRMY | 36,100 | $1.1M | 0.08% |
| 82 | WINNEBAGO INDUSTRIES | 974637100 | 36,467 | $1.1M | 0.07% |
| 83 | ABERCROMBIE & FITCH CO CL A | ANF | 12,500 | $1.0M | 0.07% |
| 84 | FIRST SEACOAST BANCORP INC | FSEA | 90,537 | $1.0M | 0.07% |
| 85 | REGAL REXNORD CORP | RRX | 6,789 | $984,133 | 0.07% |
| 86 | KFORCE INC | KFRC | 22,894 | $941,630 | 0.06% |
| 87 | MAXIMUS INC | MMS | 12,700 | $891,540 | 0.06% |
| 88 | AMERICAN EAGLE OUTFITTERS | AEO | 89,600 | $861,952 | 0.06% |
| 89 | AMPHASTAR PHARMACEUTICALS IN | AMPH | 35,100 | $805,896 | 0.05% |
| 90 | CREDICORP LTD | BAP | 3,600 | $804,672 | 0.05% |
| 91 | EURONET WORLDWIDE INC | EEFT | 5,400 | $547,452 | 0.04% |
| 92 | AVIDIA BANCORP INC | AVBC | 40,000 | $400,000 | 0.03% |