Institutional Manager · CIK 0000937394
HEARTLAND ADVISORS INC
MILWAUKEE, WI · File #028-04131
Latest AUM
$1.86B
Positions
253
Top-10 Concentration
29.3%
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 |
|---|---|---|---|---|---|
| ADD | INTEGER HLDGS CORP | ITGR | +202,715 | +$15.9M | -$996,000 |
| NEW | COOPER COS INC | 216648501 | +187,263 | +$15.3M | $0 |
| REDUCE | CENTENE CORP DEL | CNC | -337,919 | -$13.9M | +$2.1M |
| REDUCE | DENTSPLY SIRONA INC | XRAY | -1,150,807 | -$13.2M | -$1.7M |
| REDUCE | ESSENTIAL UTILS INC | 29670G102 | -322,179 | -$12.4M | -$566,199 |
| REDUCE | PERRIGO CO PLC | PRGO | -860,795 | -$12.0M | -$9.1M |
| ADD | GLOBAL MED REIT INC | 37954A303 | +270,786 | +$9.1M | +$4,580 |
| NEW | HENRY SCHEIN INC | HSIC | +120,000 | +$9.1M | $0 |
| EXITED | CENTRUS ENERGY CORP | 15643U104 | -27,500 | -$8.5M | $0 |
| REDUCE | PLYMOUTH INDL REIT INC | 729640102 | -355,475 | -$7.8M | -$294,964 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025253 pos · $1.86B
- 13F HOLDINGS REPORTQ/E Sep 2025237 pos · $1.89B
- 13F HOLDINGS REPORTQ/E Jun 2025213 pos · $1.79B
- 13F HOLDINGS REPORTQ/E Mar 2025202 pos · $1.74B
- 13F HOLDINGS REPORTQ/E Dec 2024198 pos · $1.84B
- 13F HOLDINGS REPORTQ/E Sep 2024184 pos · $1.91B
- 13F HOLDINGS REPORTQ/E Jun 2024178 pos · $1.79B
- 13F COMBINATION REPORTQ/E Mar 2024175 pos · $1.91B
- 13F COMBINATION REPORTQ/E Dec 2023178 pos · $1.78B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | TEXAS CAP BANCSHARES INC | 88224Q107 | 349,712 | $31.7M | 3.52% |
| 2 | CENTERRA GOLD INC | CGAU | 2,201,450 | $31.6M | 3.52% |
| 3 | LINCOLN EDL SVCS CORP | 533535100 | 1,290,000 | $31.2M | 3.46% |
| 4 | CENTURY CMNTYS INC | 156504300 | 455,264 | $27.0M | 3.00% |
| 5 | ELDORADO GOLD CORP NEW | 284902509 | 733,375 | $26.3M | 2.93% |
| 6 | TELEDYNE TECHNOLOGIES INC | TDY | 50,095 | $25.6M | 2.84% |
| 7 | SILICON MOTION TECHNOLOGY CO | SIMO | 272,398 | $25.3M | 2.81% |
| 8 | ASSOCIATED BANC CORP | ASB-PF | 878,714 | $22.6M | 2.52% |
| 9 | CAPITAL CITY BK GROUP INC | 139674105 | 500,000 | $21.3M | 2.37% |
| 10 | PUBLIC STORAGE OPER CO | PSA-PS | 80,993 | $21.0M | 2.34% |
| 11 | ENCORE CAP GROUP INC | ECR | 385,830 | $21.0M | 2.33% |
| 12 | VIPER ENERGY INC | VNOM | 514,226 | $19.9M | 2.21% |
| 13 | SEACOAST BKG CORP FLA | SE | 632,052 | $19.9M | 2.21% |
| 14 | BECTON DICKINSON & CO | BDX | 100,257 | $19.5M | 2.16% |
| 15 | CASS INFORMATION SYS INC | CASS | 465,039 | $19.3M | 2.15% |
| 16 | MOHAWK INDS INC | 608190104 | 174,361 | $19.1M | 2.12% |
| 17 | INTEGER HLDGS CORP | ITGR | 242,715 | $19.0M | 2.12% |
| 18 | HERSHEY CO | HSY | 97,178 | $17.7M | 1.97% |
| 19 | ALLEGIANT TRAVEL CO | ALGT | 207,280 | $17.7M | 1.96% |
| 20 | HUNT J B TRANS SVCS INC | 445658107 | 90,588 | $17.6M | 1.96% |