Pacific Ridge Capital Partners 13F annual report
Pacific Ridge Capital Partners is an investment fund managing more than $416 billion ran by Peter Trumbo. There are currently 139 companies in Mr. Trumbo’s portfolio. The largest investments include Barrett Business Services and Northeast Bank, together worth $24.1 billion.
$416 billion Assets Under Management (AUM)
As of 8th August 2024, Pacific Ridge Capital Partners’s top holding is 378,786 shares of Barrett Business Services currently worth over $12.4 billion and making up 3.0% of the portfolio value.
Relative to the number of outstanding shares of Barrett Business Services, Pacific Ridge Capital Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 192,626 shares of Northeast Bank worth $11.7 billion, whose value grew 17.9% in the past six months.
The third-largest holding is Metropolitan Bank Hld worth $10.8 billion and the next is Northwest Pipe Co worth $9.85 billion, with 289,953 shares owned.
Currently, Pacific Ridge Capital Partners's portfolio is worth at least $416 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Pacific Ridge Capital Partners
The Pacific Ridge Capital Partners office and employees reside in Lake Oswego, Oregon. According to the last 13-F report filed with the SEC, Peter Trumbo serves as the C.C.O at Pacific Ridge Capital Partners.
Recent trades
In the most recent 13F filing, Pacific Ridge Capital Partners revealed that it had opened a new position in
Sleep Number Corp and bought 349,246 shares worth $3.34 billion.
This means they effectively own approximately 0.1% of the company.
Sleep Number Corp makes up
4.8%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 56.1% in the past year.
The investment fund also strengthened its position in Barrett Business Services by buying
256,863 additional shares.
This makes their stake in Barrett Business Services total 378,786 shares worth $12.4 billion.
Barrett Business Services dropped 63.4% in the past year.
On the other hand, there are companies that Pacific Ridge Capital Partners is getting rid of from its portfolio.
Pacific Ridge Capital Partners closed its position in Ishares Russell 2000 Value Ind on 15th August 2024.
It sold the previously owned 18,115 shares for $2.81 billion.
Peter Trumbo also disclosed a decreased stake in Northeast Bank by approximately 0.1%.
This leaves the value of the investment at $11.7 billion and 192,626 shares.
One of the smaller hedge funds
The two most similar investment funds to Pacific Ridge Capital Partners are Rainey & Randall Investment Management Inc and Ulysses Management. They manage $416 billion and $416 billion respectively.
Peter Trumbo investment strategy
Pacific Ridge Capital Partners’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Finance — making up 19.2% of
the total portfolio value.
The fund focuses on investments in the United States as
74.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
7% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $586 million.
The complete list of Pacific Ridge Capital Partners trades based on 13F SEC filings
These positions were updated on August 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Barrett Business Services Inc. |
210.68%
378,786
|
$12,412,817,000 | 2.98% |
| Northeast Bank |
8.91%
192,626
|
$11,723,218,000 | 2.82% |
| Metropolitan Bank Hld |
1.93%
257,683
|
$10,845,877,000 | 2.61% |
| Northwest Pipe Co. |
8.55%
289,953
|
$9,849,703,000 | 2.37% |
| Natural Gas Services Group, Inc. |
21.76%
485,319
|
$9,764,618,000 | 2.35% |
| Build A Bear Workshop Inc |
15.13%
378,241
|
$9,558,150,000 | 2.30% |
| FS Bancorp Inc |
8.90%
243,518
|
$8,876,231,000 | 2.13% |
| Bowman Consulting Grp |
8.94%
274,624
|
$8,730,297,000 | 2.10% |
| Kimball Electronics Inc |
8.93%
335,441
|
$7,372,993,000 | 1.77% |
| Miller Industries Inc. |
19.75%
133,788
|
$7,361,016,000 | 1.77% |
| Lakeland Industries, Inc. |
43.13%
311,740
|
$7,151,316,000 | 1.72% |
| Five Star Bancorp |
37.56%
300,187
|
$7,099,423,000 | 1.71% |
| Red Robin Gourmet Burgers Inc |
42.88%
911,005
|
$6,896,308,000 | 1.66% |
| Motorcar Parts of America Inc. |
36.18%
1,110,484
|
$6,851,686,000 | 1.65% |
| Asure Software Inc |
1.19%
754,016
|
$6,333,734,000 | 1.52% |
| Hamilton Beach Brands Hld |
8.78%
366,518
|
$6,300,444,000 | 1.51% |
| Parke Bancorp Inc |
0.20%
356,972
|
$6,211,313,000 | 1.49% |
| Twin Disc Incorporated |
8.78%
522,721
|
$6,157,653,000 | 1.48% |
| Unity Bancorp, Inc. |
8.74%
205,267
|
$6,069,745,000 | 1.46% |
| First Business Financial Servi |
2.37%
163,049
|
$6,031,183,000 | 1.45% |
| Orrstown Financial Services, Inc. |
0.22%
219,411
|
$6,003,085,000 | 1.44% |
| Colony Bankcorp, Inc. |
7.34%
464,165
|
$5,686,021,000 | 1.37% |
| DMC Global Inc |
45.79%
392,267
|
$5,656,490,000 | 1.36% |
| Civista Bancshares Inc |
9.87%
353,641
|
$5,477,899,000 | 1.32% |
| Global Medical REIT Inc |
10.20%
598,091
|
$5,430,666,000 | 1.31% |
| Alico Inc. |
0.82%
206,504
|
$5,350,519,000 | 1.29% |
| Uscb Financial Hlds |
8.69%
416,659
|
$5,345,735,000 | 1.28% |
| DHI Group Inc |
90.50%
2,495,095
|
$5,214,749,000 | 1.25% |
| Acacia Research Corp |
8.94%
1,024,560
|
$5,133,046,000 | 1.23% |
| Destination XL Group Inc |
7.51%
1,391,792
|
$5,066,123,000 | 1.22% |
| Lifetime Brands, Inc. |
6.27%
576,635
|
$4,953,295,000 | 1.19% |
| Strattec Security Corp. |
6.28%
188,837
|
$4,720,925,000 | 1.13% |
| Esquire Financial Hld |
8.92%
98,670
|
$4,696,692,000 | 1.13% |
| Heritage Insurance Hlds Inc |
27.11%
660,272
|
$4,674,726,000 | 1.12% |
| Alpine Income Property Trust Inc |
8.32%
299,436
|
$4,659,224,000 | 1.12% |
| Intest Corp. |
29.45%
460,914
|
$4,553,830,000 | 1.09% |
| Universal Technical Institute Inc |
41.66%
283,992
|
$4,467,194,000 | 1.07% |
| Horizon Bancorp |
7.82%
354,929
|
$4,390,472,000 | 1.06% |
| Lincoln Education Services |
26.18%
369,573
|
$4,383,136,000 | 1.05% |
| Capital Bancorp Inc |
8.75%
208,364
|
$4,271,462,000 | 1.03% |
| Cooper Standard Hlds |
7.86%
341,537
|
$4,248,720,000 | 1.02% |
| West Bancorporation |
10.70%
235,605
|
$4,217,330,000 | 1.01% |
| Amtech Systems Inc. |
5.93%
709,665
|
$4,158,637,000 | 1.00% |
| Universal Electronics Inc. |
7.49%
352,054
|
$4,090,867,000 | 0.98% |
| Manitex International Inc |
4.57%
917,475
|
$4,064,414,000 | 0.98% |
| BGSF Inc |
6.19%
467,672
|
$3,998,596,000 | 0.96% |
| Silvercrest Asset Mgmnt Cls A |
8.85%
251,524
|
$3,921,259,000 | 0.94% |
| Rimini Street Inc. |
8.03%
1,272,779
|
$3,907,432,000 | 0.94% |
| AXT Inc |
6.33%
1,112,490
|
$3,760,216,000 | 0.90% |
| Tilly's Inc Cls A |
7.79%
577,388
|
$3,481,650,000 | 0.84% |
| Sleep Number Corp |
Opened
349,246
|
$3,342,284,000 | 0.80% |
| ARC Document Solutions Inc |
8.73%
1,258,182
|
$3,321,600,000 | 0.80% |
| Composecure |
Opened
486,462
|
$3,307,942,000 | 0.80% |
| Farmers National Banc Corp. |
24.59%
264,721
|
$3,306,365,000 | 0.79% |
| CRA International Inc. |
69.38%
19,020
|
$3,275,624,000 | 0.79% |
| Hurco Companies, Inc. |
12.13%
208,090
|
$3,175,453,000 | 0.76% |
| Bankwell Financial Group Inc |
8.83%
123,020
|
$3,121,017,000 | 0.75% |
| Mistras Group Inc |
10.00%
349,488
|
$2,897,256,000 | 0.70% |
| Ishares Russell 2000 Value Ind |
Closed
18,115
|
$2,813,803,000 | |
| Jakks Pacific Inc. |
27.51%
152,589
|
$2,732,869,000 | 0.66% |
| Riverview Bancorp, Inc. |
7.69%
682,923
|
$2,724,863,000 | 0.65% |
| Profire Energy Inc |
9.87%
1,739,715
|
$2,470,395,000 | 0.59% |
| Great Ajax Corp |
8.26%
676,305
|
$2,414,410,000 | 0.58% |
| Eagle Bancorp Montana Inc |
7.20%
179,114
|
$2,376,843,000 | 0.57% |
| First Northwest |
8.73%
236,810
|
$2,294,689,000 | 0.55% |
| Genasys Inc |
6.23%
988,772
|
$2,091,253,000 | 0.50% |
| Pam Transportation Services, I |
8.39%
116,503
|
$2,023,657,000 | 0.49% |
| Stagwell Inc |
6.31%
295,346
|
$2,014,260,000 | 0.48% |
| SP Plus Corp |
Closed
36,818
|
$1,886,923,000 | |
| Office Properties Income |
Opened
901,815
|
$1,839,703,000 | 0.44% |
| Smith Micro Software, Inc. |
Closed
2,128,190
|
$1,757,885,000 | |
| Customers Bancorp Inc |
20.69%
35,982
|
$1,726,416,000 | 0.41% |
| Comtech Telecom Corp |
17.48%
562,239
|
$1,703,584,000 | 0.41% |
| Chefs' Warehouse |
10.03%
42,874
|
$1,676,802,000 | 0.40% |
| Ultra Clean Holdings |
26.83%
33,278
|
$1,630,622,000 | 0.39% |
| Wabash National Corp. |
11.39%
72,006
|
$1,572,611,000 | 0.38% |
| Whole Earth Brands Cls A |
67.45%
321,173
|
$1,560,901,000 | 0.38% |
| Benchmark Electronics Inc. |
20.49%
39,429
|
$1,555,868,000 | 0.37% |
| Gigacloud Tech Cls A |
Closed
84,617
|
$1,548,068,000 | |
| NN Inc |
8.15%
505,792
|
$1,517,376,000 | 0.36% |
| Cohu, Inc. |
12.47%
42,231
|
$1,397,846,000 | 0.34% |
| Perdoceo Education Corporation |
46.20%
64,245
|
$1,376,128,000 | 0.33% |
| Bm Technologies Inc |
5.52%
610,122
|
$1,372,775,000 | 0.33% |
| Photronics, Inc. |
20.73%
54,939
|
$1,355,345,000 | 0.33% |
| Business First Bancshares Inc. |
3.85%
62,199
|
$1,353,450,000 | 0.33% |
| Banc of California Inc |
5.79%
103,683
|
$1,325,069,000 | 0.32% |
| ePlus Inc |
28.53%
17,833
|
$1,313,935,000 | 0.32% |
| Sterling Infrastructure Inc |
57.46%
10,901
|
$1,290,024,000 | 0.31% |
| Bridgewater Bancshares Inc |
10.00%
108,804
|
$1,263,214,000 | 0.30% |
| One Stop Systems Inc |
6.81%
523,530
|
$1,261,707,000 | 0.30% |
| Pathward Financial Inc |
20.51%
21,877
|
$1,237,582,000 | 0.30% |
| ConnectOne Bancorp Inc. |
20.66%
63,703
|
$1,203,350,000 | 0.29% |
| First Financial Corp |
9.80%
32,217
|
$1,188,163,000 | 0.29% |
| Acco Brands Corporation |
0.66%
248,901
|
$1,169,835,000 | 0.28% |
| Heidrick & Struggles Intl |
20.43%
35,114
|
$1,108,900,000 | 0.27% |
| Ichor Holdings Ltd |
28.53%
28,341
|
$1,092,546,000 | 0.26% |
| Qcr Holdings Inc |
20.80%
17,913
|
$1,074,780,000 | 0.26% |
| Kelly Services Cls A |
20.50%
50,047
|
$1,071,506,000 | 0.26% |
| Heritage Financial Corp. |
6.32%
56,796
|
$1,024,032,000 | 0.25% |
| Edgewell Personal Care Co |
20.52%
25,260
|
$1,015,199,000 | 0.24% |
| Patrick Industries, Inc. |
29.57%
9,092
|
$986,937,000 | 0.24% |
| Healthcare Services Group, Inc. |
20.58%
90,311
|
$955,490,000 | 0.23% |
| Designer Brands Inc |
6.17%
138,166
|
$943,674,000 | 0.23% |
| Caleres Inc |
52.27%
27,106
|
$910,762,000 | 0.22% |
| Hanesbrands Inc |
20.53%
184,306
|
$908,629,000 | 0.22% |
| Brandywine Realty Trust |
98.35%
200,849
|
$899,804,000 | 0.22% |
| Heritage Commerce Corp. |
3.37%
99,432
|
$865,058,000 | 0.21% |
| Brinker International, Inc. |
20.24%
11,902
|
$861,586,000 | 0.21% |
| Univest Financial Corp |
20.49%
37,412
|
$854,116,000 | 0.21% |
| 1-800 Flowers.com Inc. |
20.45%
89,416
|
$851,240,000 | 0.20% |
| Ennis Inc. |
20.51%
38,557
|
$844,013,000 | 0.20% |
| Daktronics Inc. |
20.49%
60,404
|
$842,636,000 | 0.20% |
| SMART Global Holdings Inc |
46.75%
36,062
|
$824,738,000 | 0.20% |
| PC Connection, Inc. |
20.65%
12,677
|
$813,863,000 | 0.20% |
| Koppers Holdings Inc |
38.63%
21,082
|
$779,823,000 | 0.19% |
| Resources Connection Inc |
20.45%
67,568
|
$745,951,000 | 0.18% |
| Global Net Lease Reit |
7.25%
101,040
|
$742,644,000 | 0.18% |
| Ribbon Communications Inc |
59.50%
221,334
|
$728,189,000 | 0.18% |
| Columbus Mckinnon Corp. |
20.47%
20,503
|
$708,174,000 | 0.17% |
| Hudson Technologies, Inc. |
26.56%
79,896
|
$702,286,000 | 0.17% |
| DXP Enterprises, Inc. |
20.64%
15,133
|
$693,697,000 | 0.17% |
| Rmr Group Cls A |
20.69%
29,575
|
$668,395,000 | 0.16% |
| Hackett Group, Inc |
Opened
30,199
|
$655,922,000 | 0.16% |
| Shimmick |
5.42%
369,749
|
$573,111,000 | 0.14% |
| PRA Group Inc |
20.52%
28,420
|
$558,737,000 | 0.13% |
| Zumiez Inc |
20.56%
28,661
|
$558,316,000 | 0.13% |
| Smith Micro Software, Inc. |
Opened
251,715
|
$556,290,000 | 0.13% |
| Newpark Resources, Inc. |
20.46%
65,783
|
$546,657,000 | 0.13% |
| The Shyft Group, Inc. |
21.51%
45,652
|
$541,433,000 | 0.13% |
| Universal Logistics Holdings Inc |
20.70%
13,297
|
$539,725,000 | 0.13% |
| NV5 Global Inc |
20.31%
5,619
|
$522,398,000 | 0.13% |
| Netgear Inc |
20.44%
34,011
|
$520,368,000 | 0.13% |
| Quantum Corp |
5.50%
1,264,992
|
$517,508,000 | 0.12% |
| TrueBlue Inc |
6.35%
48,961
|
$504,298,000 | 0.12% |
| Douglas Dynamics Inc |
Opened
20,769
|
$485,995,000 | 0.12% |
| Matrix Service Co. |
20.44%
48,180
|
$478,427,000 | 0.11% |
| Bloomin Brands Inc |
19.77%
22,841
|
$439,232,000 | 0.11% |
| Enerpac Tool Group Corp |
20.92%
10,678
|
$407,686,000 | 0.10% |
| Standard Motor |
20.64%
14,682
|
$407,132,000 | 0.10% |
| Cheesecake Factory Inc. |
20.79%
9,965
|
$391,525,000 | 0.09% |
| Chicos Fas |
Closed
50,330
|
$381,501,000 | |
| Southern California Bancorp |
Opened
26,629
|
$358,693,000 | 0.09% |
| Wolverine World Wide, Inc. |
53.58%
24,275
|
$328,198,000 | 0.08% |
| System1 Inc |
20.48%
185,917
|
$282,594,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 144 holdings | |||
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