Institutional Manager · CIK 0000902584
ADVISORY RESEARCH INC
CHICAGO, IL · File #028-05637
Latest AUM
$795.7M
Positions
176
Top-10 Concentration
45.2%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | BEL FUSE INC | BELFB | -180,321 | -$30.6M | +$5.3M |
| ADD | DAILY JOURNAL CORP | DJCO | +60,060 | +$29.3M | +$61,083 |
| REDUCE | OPENLANE INC | OPLN | -930,514 | -$27.7M | +$972,221 |
| ADD | MYERS INDS INC | 628464109 | +1,200,295 | +$22.5M | +$88,253 |
| REDUCE | PHINIA INC | PHIN | -243,476 | -$15.3M | +$1.3M |
| ADD | LEGACY HOUSING CORP | LEGH | +659,224 | +$12.9M | -$298,714 |
| REDUCE | PERFORMANCE FOOD GROUP CO | PFGC | -120,042 | -$10.8M | -$1.8M |
| REDUCE | HOLLEY INC | HLLY-WT | -2,066,214 | -$8.5M | +$2.1M |
| EXITED | VERIZON COMMUNICATIONS INC | 92343V104 | -185,405 | -$8.1M | $0 |
| REDUCE | DRIVEN BRANDS HLDGS INC | DRVN | -521,058 | -$7.7M | -$800,828 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025176 pos · $795.7M
- 13F HOLDINGS REPORTQ/E Sep 2025182 pos · $761.4M
- 13F HOLDINGS REPORTQ/E Jun 2025174 pos · $650.9M
- 13F HOLDINGS REPORTQ/E Mar 2025184 pos · $567.3M
- 13F HOLDINGS REPORTQ/E Dec 2024189 pos · $601.7M
- 13F HOLDINGS REPORTQ/E Sep 2024192 pos · $562.9M
- 13F HOLDINGS REPORTQ/E Jun 2024197 pos · $531.6M
- 13F HOLDINGS REPORTQ/E Mar 2024195 pos · $502.9M
- 13F HOLDINGS REPORTQ/E Dec 2023613 pos · $720.2M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | TRIMAS CORP | TRS | 1,064,053 | $37.7M | 5.80% |
| 2 | OPENLANE INC | OPLN | 1,091,650 | $32.5M | 4.99% |
| 3 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 106,654 | $32.4M | 4.98% |
| 4 | DAILY JOURNAL CORP | DJCO | 62,814 | $30.6M | 4.70% |
| 5 | TAPESTRY INC | TPR | 231,408 | $29.6M | 4.54% |
| 6 | PHILIP MORRIS INTL INC | 718172109 | 178,542 | $28.6M | 4.40% |
| 7 | BROADCOM INC | AVGO | 82,424 | $28.5M | 4.38% |
| 8 | ALPHABET INC | GOOG | 90,667 | $28.4M | 4.36% |
| 9 | MYERS INDS INC | 628464109 | 1,249,875 | $23.4M | 3.59% |
| 10 | PURSUIT ATTRACTIONS AND HOSP | 92552R406 | 663,515 | $22.3M | 3.43% |
| 11 | MGIC INVT CORP WIS | 552848103 | 764,479 | $22.3M | 3.43% |
| 12 | BEL FUSE INC | BELFB | 129,236 | $21.9M | 3.37% |
| 13 | MICROSOFT CORP | MSFT | 41,743 | $20.2M | 3.10% |
| 14 | JBT MAREL CORPORATION | JBTM | 124,230 | $18.7M | 2.88% |
| 15 | CME GROUP INC | CME | 62,402 | $17.0M | 2.62% |
| 16 | KEURIG DR PEPPER INC | KDP | 589,003 | $16.5M | 2.53% |
| 17 | ABBVIE INC | ABBV | 70,693 | $16.2M | 2.48% |
| 18 | PHINIA INC | PHIN | 255,046 | $16.0M | 2.46% |
| 19 | GSK PLC | GLAXF | 323,838 | $15.9M | 2.44% |
| 20 | AMERICAN ELEC PWR CO INC | 025537101 | 136,315 | $15.7M | 2.41% |