Skip to main content

Trigran Investments, Inc.

Registered adviser
Location
NORTHBROOK, IL
Portfolio Value
Small $545,280,325
Diversification
Diversified
Filing Date
Global Rank
#3,630 / 8,819 ▲ 315
Top Industry
Communication Equipment 14.6%
3Y Alpha vs SPY
-13.0%
Period ended 4 months ago
Filed Aug 12, 2026 · 3mo
26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type
Registered adviser
Form ADV roster, Oct 1, 2026
Form ADV adviser
CRD 155200
Roster of Oct 1, 2026
Regulatory AUM
$533,193,505
Main clients
Pooled investment vehicles (89% of AUM)
Private funds
2 funds · Hedge funds
Focus by fund count, roster of Oct 1, 2026
$472,456,980 gross assets
Private funds on Schedule D 7.B.(1)
As filed Apr 17, 2024; SEC's bulk Form ADV archive ends with 2024 filings.
$643,759,320 gross assets in 2 funds Hedge funds $643,759,320 (2)
Form ADV history
Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.
Rosters Regulatory AUM Main clients
Apr 2026 to Oct 2026 $533,193,505 Pooled investment vehicles (89%)
Apr 2025 to Mar 2026 $954,720,913 Pooled investment vehicles (60%)
Apr 2024 to Mar 2025 $1,143,305,769 Pooled investment vehicles (56%)
May 2023 to Mar 2024 $1,111,711,656 Pooled investment vehicles (59%)
Apr 2023 $1,111,711,656 Pooled investment vehicles (59%)
Apr 2022 to Mar 2023 $1,190,758,123 Pooled investment vehicles (63%)
3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style
Concentrated
The top 10 positions are 80.0% of the book (60%+)
Turnover
Low turnover
25.8% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 14.9 quarters (12+), a floor since 14.6% of the book was already held when coverage starts

Closest benchmark: the S&P SmallCap 600 as of 2026-06-30, active share 98.5%; sector active share 46.9% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

17 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026
Top Position
12.0%
+0.4 pts
Top 5
48.0%
−3.9 pts
Top 10
80.0%
−5.5 pts
HHI
755
Sep 2023 → Jun 2026 · range 704 – 929
Diversified−68

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026
Sector % Portfolio Value
Technology 46.3% $252,626,677
Industrials 29.1% $158,788,455
Basic Materials 12.0% $65,389,220
Consumer Cyclical 7.3% $39,711,066
Healthcare 5.1% $27,619,014
Financial Services 0.2% $1,145,893

Last Quarter's Activity

Export CSV
Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased
6 positions
Ticker Δ Shares Shares Value Open

Trimmed

Positions the filer reduced
9 positions
Ticker Δ Shares Shares Value Open

New Positions

Positions the filer opened this quarter
2 positions
Ticker Shares Value Open

Sold Out

Positions the filer fully exited
2 positions
Ticker Shares Value Open
— 95,540 $1,338,515

Portfolio Positions

Export CSV View 13F filing
17 tracked positions · $545,280,325 total · filing declares 33 positions · $545,280,339 · as of Jun 30, 2026
Ticker Company Shares Value (USD) % of Portfolio History

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.