THB ASSET MANAGEMENT

CIK

1057439

Location

NORWALK, CT

Portfolio Value

Small $390,704,348

Diversification

Diversified

Filing Date

Global Rank

#2,128 / 5,890 ▼ 157 · as of Dec 2020

Top Industry

Software - Application 20.8%

3Y Alpha vs SPY

0.0%

Period ended 5 years ago

Filed Feb 5, 2021 · 5y

4 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+45.5%

SPY

+76.5%

Annualised alpha

-7.6%

Max drawdown

−33.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

123 positions · as of Dec 31, 2020 · Δ vs Sep 30, 2020

Top Position

17.4%

+0.0 pts

Top 5

27.8%

−9.2 pts

Top 10

37.2%

−8.3 pts

HHI

403

Diversified−133

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2020

Sector	% Portfolio	Value	Positions
Technology	31.6%	$123,558,886	23
Industrials	21.2%	$82,833,997	31
Healthcare	15.9%	$62,218,243	27
Consumer Cyclical	14.4%	$56,411,082	19
Financial Services	6.8%	$26,633,578	8
Basic Materials	3.6%	$13,928,685	6
Energy	3.3%	$12,985,358	4
Real Estate	1.8%	$7,027,928	3
Consumer Defensive	1.3%	$5,106,591	2

Last Quarter's Activity

Export CSV

Dec 31, 2020 vs Sep 30, 2020

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
RES	Rpc Inc	+426,084	1,197,400	$3,771,810
AMRX	Amneal Pharmaceuticals, Inc.	+181,391	1,014,495	$4,636,242
NNBR	Nn Inc	+171,145	587,424	$3,859,375
BUSE	First Busey Corp /Nv/	+163,747	514,112	$11,079,113
HFWA	Heritage Financial Corp /Wa/	+48,036	151,540	$3,544,520
HY	Hyster-Yale, Inc.	+36,687	148,495	$8,842,877
HOMB	Home Bancshares Inc	+33,004	89,456	$1,742,602
CALY	Callaway Golf Co	+27,846	94,640	$2,272,306
SKYW	Skywest Inc	+23,859	157,706	$6,357,128
SF	Stifel Financial Corp	+17,638	43,997	$1,480,059
EIG	Employers Holdings, Inc.	+8,846	17,696	$569,634
EXP	Eagle Materials Inc	+4,974	18,650	$1,890,177
ROCK	Gibraltar Industries, Inc.	+2,037	13,883	$998,743
ROG	Rogers Corp	+1,692	7,983	$1,239,680
NEOG	Neogen Corp	+1,274	7,067	$280,206
RBC	RBC Bearings INC	+1,232	6,796	$1,216,755
OSUR	Orasure Technologies Inc	+427	56,525	$598,599
TPH	Tri Pointe Homes, Inc.	+352	48,332	$833,727
LPX	Louisiana-Pacific Corp	+291	41,276	$1,534,228
FORM	Formfactor Inc	+229	35,176	$1,513,271
SHOO	Steven Madden, Ltd.	+199	26,775	$945,693
HALO	Halozyme Therapeutics, Inc.	+189	28,404	$1,213,134
KEX	Kirby Corp	+130	20,008	$1,037,014
ENSG	Ensign Group, Inc	+101	13,109	$955,908
EVTC	EVERTEC, Inc.	+98	14,028	$551,580
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ORN	Orion Group Holdings Inc	−98,990	750,020	$3,720,099
PAR	Par Technology Corp	−88,193	150,690	$9,461,825
SONO	Sonos Inc	−55,304	242,027	$5,661,011
UTI	Universal Technical Institute Inc	−53,180	479,862	$3,099,908
AMBA	Ambarella Inc	−53,130	37,178	$3,413,683
CCS	Century Communities, Inc.	−50,465	133,463	$5,843,010
TPICQ	Tpi Composites, Inc	−50,006	215,392	$11,368,389
OSBC	Old Second Bancorp Inc	−42,352	518,812	$5,240,001
BLFS	Biolife Solutions Inc	−41,608	180,056	$7,182,433
GHM	Graham Corp	−38,975	257,312	$3,905,996
ULBI	Ultralife Corp	−35,795	320,148	$2,071,357
UCTT	Ultra Clean Holdings, Inc.	−34,409	212,491	$6,619,094
BOOT	Boot Barn Holdings, Inc.	−29,777	144,167	$6,251,081
NVRI	Enviri Corp	−27,659	250,843	$0
KOP	Koppers Holdings Inc.	−24,984	181,227	$5,647,033
CAKE	Cheesecake Factory Inc	−23,136	169,513	$6,282,151
AMRC	Ameresco, Inc.	−22,111	67,693	$3,536,282
VPG	Vishay Precision Group, Inc.	−20,801	85,604	$2,694,813
SNBRQ	Sleep Number Corp	−20,297	76,755	$6,283,164
ASPU	ASPEN GROUP, INC.	−20,027	180,295	$2,006,683
BCML	BayCom Corp	−19,261	162,226	$2,460,968
LMAT	Lemaitre Vascular Inc	−18,802	143,886	$5,827,383
UPLD	Upland Software, Inc.	−18,131	147,913	$67,877,275
ICHR	Ichor Holdings, Ltd.	−18,007	151,092	$4,554,668
BJRI	BJs RESTAURANTS INC	−17,078	233,547	$8,989,224
No positions match the current search.

New Positions

Positions the filer opened this quarter

12 positions

Ticker	Company	Shares	Value
CLNE	Clean Energy Fuels Corp.	819,310	$6,439,776
VCEL	Vericel Corp	149,871	$4,628,016
RVP	Retractable Technologies Inc	385,403	$4,139,228
KALU	Kaiser Aluminum Corp	27,421	$2,711,936
RRGB	Red Robin Gourmet Burgers Inc	119,559	$2,299,119
MOV	Movado Group Inc	116,692	$1,939,421
BWEN	Broadwind, Inc.	213,770	$1,695,196
GEOS	Geospace Technologies Corp	195,194	$1,670,860
HXL	Hexcel Corp /De/	17,069	$827,675
SCL	Stepan Co	6,936	$827,603
LAND	GLADSTONE LAND Corp	47,862	$700,699
FMBH	First Mid Bancshares, Inc.	15,350	$516,681
No positions match the current search.

Sold Out

Positions the filer fully exited

11 positions

Ticker	Company	Shares	Value
CDLX	Cardlytics, Inc.	64,965	$45,845,800
APPS	Digital Turbine, Inc.	87,322	$2,858,922
JACK	Jack In The Box Inc	20,882	$1,656,151
CDNA	CareDx, Inc.	40,396	$1,532,624
VRRM	VERRA MOBILITY Corp	82,876	$800,582
TOL	Toll Brothers, Inc.	16,336	$794,909
ICFI	ICF International, Inc.	11,820	$727,284
UFPT	Ufp Technologies Inc	12,939	$535,933
HSTM	Healthstream Inc	24,081	$483,305
SNX	Td Synnex Corp	5,475	$383,414
IIIV	i3 Verticals, Inc.	10,889	$274,947
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

123 positions · $390,704,348 total · as of Dec 31, 2020

All sectors Basic Materials Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 123 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
UPLD	Upland Software, Inc. Technology	Reduced	147,913	-18,131	$67,877,275	+8.4%	17.37%
TPICQ	Tpi Composites, Inc Industrials	Reduced	215,392	-50,006	$11,368,389	+47.9%	2.91%
BUSE	First Busey Corp /Nv/ Financial Services	Added	514,112	+163,747	$11,079,113	+99.0%	2.84%
PAR	Par Technology Corp Technology	Reduced	150,690	-88,193	$9,461,825	−2.2%	2.42%
BJRI	BJs RESTAURANTS INC Consumer Cyclical	Reduced	233,547	-17,078	$8,989,224	+21.8%	2.30%
HY	Hyster-Yale, Inc. Industrials	Added	148,495	+36,687	$8,842,877	+112.9%	2.26%
JYNT	JOINT Corp Healthcare	Reduced	280,694	-12,061	$7,371,024	+44.8%	1.89%
BLFS	Biolife Solutions Inc Healthcare	Reduced	180,056	-41,608	$7,182,433	+12.0%	1.84%
UCTT	Ultra Clean Holdings, Inc. Technology	Reduced	212,491	-34,409	$6,619,094	+24.9%	1.69%
CLNE	Clean Energy Fuels Corp. Energy	NEW	819,310	NEW	$6,439,776	NEW	1.65%
SKYW	Skywest Inc Industrials	Added	157,706	+23,859	$6,357,128	+59.1%	1.63%
SNBRQ	Sleep Number Corp Consumer Cyclical	Reduced	76,755	-20,297	$6,283,164	+32.4%	1.61%
CAKE	Cheesecake Factory Inc Consumer Cyclical	Reduced	169,513	-23,136	$6,282,151	+17.6%	1.61%
BOOT	Boot Barn Holdings, Inc. Consumer Cyclical	Reduced	144,167	-29,777	$6,251,081	+27.7%	1.60%
CCS	Century Communities, Inc. Real Estate	Reduced	133,463	-50,465	$5,843,010	−25.0%	1.50%
LMAT	Lemaitre Vascular Inc Healthcare	Reduced	143,886	-18,802	$5,827,383	+10.1%	1.49%
SONO	Sonos Inc Technology	Reduced	242,027	-55,304	$5,661,011	+25.4%	1.45%
KOP	Koppers Holdings Inc. Basic Materials	Reduced	181,227	-24,984	$5,647,033	+31.0%	1.45%
OSBC	Old Second Bancorp Inc Financial Services	Reduced	518,812	-42,352	$5,240,001	+24.5%	1.34%
GBX	Greenbrier Companies Inc Industrials	Reduced	137,687	-3,567	$5,009,053	+20.6%	1.28%
MHO	M/I Homes, Inc. Consumer Cyclical	Reduced	108,241	-13,304	$4,793,993	−14.3%	1.23%
AMRX	Amneal Pharmaceuticals, Inc. Healthcare	Added	1,014,495	+181,391	$4,636,242	+43.4%	1.19%
VCEL	Vericel Corp Healthcare	NEW	149,871	NEW	$4,628,016	NEW	1.18%
ICHR	Ichor Holdings, Ltd. Technology	Reduced	151,092	-18,007	$4,554,668	+24.9%	1.17%
ONTO	Onto Innovation Inc. Technology	Reduced	93,922	-13,758	$4,465,991	+39.3%	1.14%
TRNS	Transcat Inc Industrials	Reduced	126,693	-16,165	$4,393,713	+5.0%	1.12%
CRMT	Americas Carmart Inc Consumer Cyclical	Reduced	39,737	-11,203	$4,364,712	+0.9%	1.12%
RVP	Retractable Technologies Inc Healthcare	NEW	385,403	NEW	$4,139,228	NEW	1.06%
OFIX	Orthofix Medical Inc. Healthcare	Reduced	94,775	-11,735	$4,073,429	+22.8%	1.04%
ADUS	Addus HomeCare Corp Healthcare	Reduced	34,271	-5,026	$4,012,791	+8.0%	1.03%
GHM	Graham Corp Industrials	Reduced	257,312	-38,975	$3,905,996	+3.2%	1.00%
PLUS	Eplus Inc Technology	Reduced	88,065	-734	$3,872,658	+19.2%	0.99%
NNBR	Nn Inc Industrials	Added	587,424	+171,145	$3,859,375	+79.7%	0.99%
RES	Rpc Inc Energy	Added	1,197,400	+426,084	$3,771,810	+85.2%	0.97%
ORN	Orion Group Holdings Inc Industrials	Reduced	750,020	-98,990	$3,720,099	+59.3%	0.95%
HFWA	Heritage Financial Corp /Wa/ Financial Services	Added	151,540	+48,036	$3,544,520	+86.2%	0.91%
AMRC	Ameresco, Inc. Industrials	Reduced	67,693	-22,111	$3,536,282	+17.9%	0.91%
AMBA	Ambarella Inc Technology	Reduced	37,178	-53,130	$3,413,683	−27.6%	0.87%
JOUT	Johnson Outdoors Inc Consumer Cyclical	Reduced	29,845	-4,059	$3,361,442	+21.1%	0.86%
UTI	Universal Technical Institute Inc Consumer Defensive	Reduced	479,862	-53,180	$3,099,908	+14.5%	0.79%
PLPC	Preformed Line Products Co Industrials	Reduced	44,814	-5,270	$3,067,070	+25.7%	0.79%
ALNT	Allient Inc Technology	Reduced	88,399	-11,897	$3,011,462	+9.1%	0.77%
BSET	Bassett Furniture Industries Inc Consumer Cyclical	Reduced	149,151	-6,626	$2,994,952	+40.5%	0.77%
KAI	Kadant Inc Industrials	Reduced	20,016	-2,561	$2,821,855	+14.0%	0.72%
KALU	Kaiser Aluminum Corp Basic Materials	NEW	27,421	NEW	$2,711,936	NEW	0.69%
VPG	Vishay Precision Group, Inc. Technology	Reduced	85,604	-20,801	$2,694,813	+0.0%	0.69%
NWPX	NWPX Infrastructure, Inc. Basic Materials	Reduced	91,880	-10,803	$2,600,204	−4.3%	0.67%
MLAB	Mesa Laboratories Inc /Co/ Technology	Reduced	8,779	-1,603	$2,516,412	−4.9%	0.64%
WLDN	Willdan Group, Inc. Industrials	Reduced	60,091	-10,210	$2,505,794	+39.7%	0.64%
AORT	Artivion, Inc. Healthcare	Reduced	104,616	-13,795	$2,469,983	+12.9%	0.63%