Advisory Research
CHICAGO, ILfiles as ADVISORY RESEARCH INC
$1.0bn in 136 US stocks at the end of 30 June 2026. The top 10 are 41.4% of the money. It changed about 11.3% of the portfolio this quarter.
Value
$1.0bn
Stocks
136
Top 10 share
41.4%
Turnover
11.3%
What changed this quarter
New
Bought for the first time this quarter.
- Midera Food ProcessingMFP0.4% of the fund
- Ishares TRACWI<0.1% of the fund
- Cue BiopharmaCUE<0.1% of the fund
Added
Bought more of a stock they already held.
- Myers IndustriesMYE6.5% of the fund+22%
- OpenlaneOPLN6.3% of the fund+20%
- TrimasTRS5.4% of the fund+8%
- Taiwan Semiconductor ManufacturingTSM4.0% of the fund+3%
- Keurig Dr PepperKDP2.8% of the fund+3%
- JBT MarelJBTM2.7% of the fund+35%
- BroadcomAVGO2.5% of the fund+3%
- Mgic InvestmentMTG2.3% of the fund+3%
- Philip Morris InternationalPM2.2% of the fund+2%
- National Presto IndustriesNPK2.0% of the fund+10%
- American Electric PowerAEP2.0% of the fund+4%
- AbbVieABBV1.9% of the fund+4%
- TapestryTPR1.9% of the fund+3%
- MicrosoftMSFT1.6% of the fund+2%
- Latam Airlines Group SALTM1.6% of the fund+178%
- CME GroupCME1.5% of the fund+4%
- KB Financial GroupKB1.4% of the fund+4%
- Lamar AdvertisingLAMR1.3% of the fund+9%
- HubbellHUBB1.3% of the fund+3%
- GSKGSK1.1% of the fund+6%
- Marathon PetroleumMPC1.0% of the fund+3%
- Meta PlatformsMETA1.0% of the fund+4%
- ComcastCMCSA0.9% of the fund+4%
- British American Tobacco p.l.c.BTI0.9% of the fund+7%
- Ferguson EnterprisesFERG0.8% of the fund+4%
Cut
Sold some of their stake.
- ACV AuctionsACVA1.8% of the fund-17%
- Matador ResourcesMTDR0.9% of the fund-24%
- APAAPA0.8% of the fund-30%
- Performance Food GroupPFGC0.6% of the fund-2%
- Nicolet BanksharesNIC0.6% of the fund-2%
- ArcosaACA0.4% of the fund-8%
- ValvolineVVV0.4% of the fund-3%
- HealthequityHQY0.3% of the fund-5%
- Jefferies Financial GroupJEF0.3% of the fund-3%
- First MerchantsFRME0.3% of the fund-3%
- Eagle MaterialsEXP0.3% of the fund-3%
- Alkami TechnologyALKT0.3% of the fund-3%
- TerexTEX0.2% of the fund-3%
- Asbury Automotive GroupABG0.2% of the fund-12%
- FlywireFLYW0.2% of the fund-3%
- TennantTNC0.2% of the fund-3%
- Vail ResortsMTN0.2% of the fund-3%
- Element SolutionsESI0.2% of the fund-19%
- Stock Yards BancorpSYBT0.1% of the fund-5%
- Webster FinancialWBS<0.1% of the fund-61%
- HolleyHLLY<0.1% of the fund-3%
- State STR Spdr S&P 500 ETF TSPY<0.1% of the fund-2%
Sold out
Sold their entire stake.
- Emerald Holding-100%
- PhiniaPHIN-100%
- CopartCPRT-100%
- Cue BiopharmaCUE-100%
Holdings
- Latam Airlines Group SALTM
- Share
- 1.6%
- Value
- $16m
- Shares
- 274,022
+178%
- GSKGSK
- Share
- 1.1%
- Value
- $11m
- Shares
- 215,664
+6%
- Ishares TRSGOV
- Share
- 0.8%
- Value
- $8m
- Shares
- 76,730
+28%
- Vanguard BD Index FDSVUSB
- Share
- 0.6%
- Value
- $6m
- Shares
- 120,152
+47%
- Vanguard Scottsdale FDSVCSH
- Share
- 0.5%
- Value
- $5m
- Shares
- 63,544
+37%
- Vanguard Scottsdale FDSVGSH
- Share
- 0.5%
- Value
- $5m
- Shares
- 78,263
+12%
- Midera Food ProcessingMFP
- Share
- 0.4%
- Value
- $4m
- Shares
- 110,714
New
- Vanguard Scottsdale FDSVCIT
- Share
- 0.4%
- Value
- $4m
- Shares
- 51,166
Held
- Ishares TRSHV
- Share
- 0.4%
- Value
- $4m
- Shares
- 37,117
Held
- Invesco Exchange Traded FD TRSP
- Share
- 0.3%
- Value
- $3m
- Shares
- 16,408
Held
- Ishares TRIGSB
- Share
- 0.3%
- Value
- $3m
- Shares
- 63,572
+43%
- Ishares TRIGIB
- Share
- 0.3%
- Value
- $3m
- Shares
- 57,761
Held
- Vanguard Specialized FundsVIG
- Share
- 0.3%
- Value
- $3m
- Shares
- 11,658
Held
- Vanguard Index FDSVOO
- Share
- 0.3%
- Value
- $3m
- Shares
- 3,942
Held
- Vanguard Tax-Managed FDSVEA
- Share
- 0.2%
- Value
- $2m
- Shares
- 24,652
Held
- Spdr Series TrustXBI
- Share
- 0.2%
- Value
- $2m
- Shares
- 11,071
Held
- Ishares TRMBB
- Share
- 0.2%
- Value
- $2m
- Shares
- 17,518
Held
- Vanguard Index FDSVO
- Share
- 0.2%
- Value
- $2m
- Shares
- 20,059
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Myers IndustriesMYE | 6.5% | $66m | 1,857,873 | +22% |
| OpenlaneOPLN | 6.3% | $63m | 1,533,557 | +20% |
| TrimasTRS | 5.4% | $55m | 1,211,587 | +8% |
| Taiwan Semiconductor ManufacturingTSM | 4.0% | $40m | 84,453 | +3% |
| BEL FuseBELFB | 3.9% | $39m | 117,896 | Held |
| Pursuit Attractions & HospitalityPRSU | 3.7% | $37m | 657,648 | Held |
| AlphabetGOOGL | 3.4% | $34m | 94,824 | Held |
| Keurig Dr PepperKDP | 2.8% | $28m | 867,771 | +3% |
| JBT MarelJBTM | 2.7% | $28m | 189,869 | +35% |
| Daily JournalDJCO | 2.5% | $25m | 41,510 | Held |
| BroadcomAVGO | 2.5% | $25m | 65,495 | +3% |
| Legacy HousingLEGH | 2.4% | $24m | 920,286 | Held |
| Mgic InvestmentMTG | 2.3% | $23m | 816,952 | +3% |
| Philip Morris InternationalPM | 2.2% | $22m | 122,120 | +2% |
| National Presto IndustriesNPK | 2.0% | $20m | 161,764 | +10% |
| American Electric PowerAEP | 2.0% | $20m | 146,846 | +4% |
| AbbVieABBV | 1.9% | $19m | 76,085 | +4% |
| TapestryTPR | 1.9% | $19m | 127,464 | +3% |
| ACV AuctionsACVA | 1.8% | $18m | 2,511,972 | -17% |
| MicrosoftMSFT | 1.6% | $16m | 43,670 | +2% |
| Latam Airlines Group SALTM | 1.6% | $16m | 274,022 | +178% |
| CME GroupCME | 1.5% | $15m | 67,088 | +4% |
| KB Financial GroupKB | 1.4% | $14m | 135,607 | +4% |
| Lamar AdvertisingLAMR | 1.3% | $13m | 82,766 | +9% |
| HubbellHUBB | 1.3% | $13m | 24,441 | +3% |
| GSKGSK | 1.1% | $11m | 215,664 | +6% |
| Marathon PetroleumMPC | 1.0% | $10m | 40,268 | +3% |
| Meta PlatformsMETA | 1.0% | $10m | 18,191 | +4% |
| Matador ResourcesMTDR | 0.9% | $9m | 187,674 | -24% |
| ComcastCMCSA | 0.9% | $9m | 376,554 | +4% |
| British American Tobacco p.l.c.BTI | 0.9% | $9m | 139,453 | +7% |
| Lam ResearchLRCX | 0.9% | $9m | 19,824 | Held |
| APAAPA | 0.8% | $9m | 261,415 | -30% |
| Ferguson EnterprisesFERG | 0.8% | $8m | 33,184 | +4% |
| Ishares TRSGOV | 0.8% | $8m | 76,730 | +28% |
| IntuitINTU | 0.7% | $7m | 28,443 | +4% |
| Vanguard BD Index FDSVUSB | 0.6% | $6m | 120,152 | +47% |
| Performance Food GroupPFGC | 0.6% | $6m | 52,549 | -2% |
| Nicolet BanksharesNIC | 0.6% | $6m | 35,434 | -2% |
| M-tron IndustriesMPTI | 0.6% | $6m | 59,011 | +17% |
| DanaosDAC | 0.6% | $6m | 47,412 | Held |
| Vanguard Scottsdale FDSVCSH | 0.5% | $5m | 63,544 | +37% |
| Steel DynamicsSTLD | 0.5% | $5m | 20,934 | Held |
| SouthState BankSSB | 0.5% | $5m | 46,447 | Held |
| Vanguard Scottsdale FDSVGSH | 0.5% | $5m | 78,263 | +12% |
| Midera Food ProcessingMFP | 0.4% | $4m | 110,714 | New |
| Vanguard Scottsdale FDSVCIT | 0.4% | $4m | 51,166 | Held |
| ArcosaACA | 0.4% | $4m | 28,846 | -8% |
| Ishares TRSHV | 0.4% | $4m | 37,117 | Held |
| ACM ResearchACMR | 0.4% | $4m | 28,732 | Held |
| Cal-Maine FoodsCALM | 0.4% | $4m | 44,612 | Held |
| ValvolineVVV | 0.4% | $4m | 90,637 | -3% |
| Invesco Exchange Traded FD TRSP | 0.3% | $3m | 16,408 | Held |
| Ishares TRIGSB | 0.3% | $3m | 63,572 | +43% |
| AmgenAMGN | 0.3% | $3m | 8,800 | Held |
| NetAppNTAP | 0.3% | $3m | 20,588 | Held |
| HealthequityHQY | 0.3% | $3m | 35,026 | -5% |
| Home DepotHD | 0.3% | $3m | 8,950 | Held |
| AppleAAPL | 0.3% | $3m | 10,795 | Held |
| Ishares TRIGIB | 0.3% | $3m | 57,761 | Held |
| EMCOR GroupEME | 0.3% | $3m | 3,603 | Held |
| Molson Coors BeverageTAP | 0.3% | $3m | 75,007 | Held |
| Jefferies Financial GroupJEF | 0.3% | $3m | 58,168 | -3% |
| Bowhead Specialty HoldingsBOW | 0.3% | $3m | 96,768 | +187% |
| First MerchantsFRME | 0.3% | $3m | 65,315 | -3% |
| Eagle MaterialsEXP | 0.3% | $3m | 12,588 | -3% |
| Alkami TechnologyALKT | 0.3% | $3m | 155,711 | -3% |
| Vanguard Specialized FundsVIG | 0.3% | $3m | 11,658 | Held |
| Lockheed MartinLMT | 0.3% | $3m | 5,343 | Held |
| Vanguard Index FDSVOO | 0.3% | $3m | 3,942 | Held |
| TerexTEX | 0.2% | $2m | 33,912 | -3% |
| Western Alliance BancorporationWAL | 0.2% | $2m | 26,098 | Held |
| Advance Auto PartsAAP | 0.2% | $2m | 34,110 | Held |
| CDWCDW | 0.2% | $2m | 14,771 | +26% |
| nVent ElectricNVT | 0.2% | $2m | 12,168 | Held |
| Asbury Automotive GroupABG | 0.2% | $2m | 10,149 | -12% |
| Super Group (SGHC)SGHC | 0.2% | $2m | 142,348 | Held |
| FlywireFLYW | 0.2% | $2m | 104,995 | -3% |
| AccentureACN | 0.2% | $2m | 14,255 | +14% |
| Ares ManagementARES | 0.2% | $2m | 15,846 | Held |
| Vanguard Tax-Managed FDSVEA | 0.2% | $2m | 24,652 | Held |
| Spdr Series TrustXBI | 0.2% | $2m | 11,071 | Held |
| NRG EnergyNRG | 0.2% | $2m | 11,983 | Held |
| OracleORCL | 0.2% | $2m | 11,821 | Held |
| TennantTNC | 0.2% | $2m | 19,779 | -3% |
| JPMorgan ChaseJPM | 0.2% | $2m | 5,227 | Held |
| Vail ResortsMTN | 0.2% | $2m | 12,174 | -3% |
| Axos FinancialAX | 0.2% | $2m | 17,011 | Held |
| Ishares TRMBB | 0.2% | $2m | 17,518 | Held |
| Bank of AmericaBAC | 0.2% | $2m | 28,666 | Held |
| Unum GroupUNM | 0.2% | $2m | 18,176 | Held |
| Vanguard Index FDSVO | 0.2% | $2m | 20,059 | Held |
| Element SolutionsESI | 0.2% | $2m | 33,577 | -19% |
| TD SynnexSNX | 0.2% | $2m | 5,978 | Held |
| Union PacificUNP | 0.2% | $2m | 5,757 | Held |
| Encompass HealthEHC | 0.2% | $2m | 15,247 | Held |
| Berkshire HathawayBRK-B | 0.2% | $2m | 3,058 | Held |
| Allison Transmission HoldingsALSN | 0.1% | $2m | 13,326 | Held |
| SpireSR | 0.1% | $1m | 19,063 | Held |
| Regal RexnordRRX | 0.1% | $1m | 6,117 | Held |
Showing the largest 100 of 136.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 54.0% since 30 June 2025.
Where the money is
Technology18.0%
Industrials15.9%
Retail & consumer13.9%
Materials10.0%
Financial services9.0%
Media & telecom7.8%
Everyday goods7.1%
Health care3.2%
Energy3.0%
Utilities2.4%
Real estate1.3%
Other8.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.