Walthausen & Co., LLC

CIK

1483339

Location

MALTA, NY

Portfolio Value

Small $101,861,638

Diversification

Diversified

Files via

The Bank of NY Mellon

Filing Date

Global Rank

#5,635 / 6,827 ▼ 1611 · as of Sep 2022

Top Industry

Banks - Regional 25.5%

Period ended 4 years ago

Filed Nov 14, 2022 · 3y

11 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

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2022, never from the firm's own description.

Style

Diversified active

Top 10 weight 17.7%, 74.1 effective positions, active share 91.2% against the S&P SmallCap 600 as of 2022-09-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

20.6% over the last four quarters (under 30%)

Horizon

Horizon unknown

The value-weighted holding period is at least 7.6 quarters, but 31.0% of the book was already held when coverage starts

Closest benchmark: the S&P SmallCap 600 as of 2022-09-30, active share 91.2%; sector active share 47.6% against the combined 13F book's sector weights.

Over time 11 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

93 tracked positions · as of Sep 30, 2022 · Δ vs Jun 30, 2022

Top Position

2.0%

+0.4 pts

Top 5

9.3%

+1.4 pts

Top 10

17.7%

+3.8 pts

HHI

135

Diversified+51

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2022

Sector	% Portfolio	Value	Positions
Financial Services	27.5%	$28,058,001	21
Industrials	27.5%	$27,993,156	23
Technology	13.4%	$13,664,592	12
Consumer Cyclical	9.7%	$9,838,713	8
Energy	7.9%	$8,004,739	6
Basic Materials	5.5%	$5,643,084	5
Healthcare	4.9%	$5,039,647	4
Real Estate	2.2%	$2,225,795	2
Utilities	1.4%	$1,393,911	1
Unclassified	0.0%	$0	11

Last Quarter's Activity

Export CSV

Sep 30, 2022 vs Jun 30, 2022

Added To

Positions the filer increased

7 positions

Ticker	Company	Δ Shares	Shares	Value
GIII	G III Apparel Group Ltd	+18,150	54,700	$817,765
NOG	Northern Oil & Gas, Inc.	+15,090	38,910	$1,066,523
EHC	Encompass Health Corp	+11,120	26,094	$1,180,231
AAON	Aaon, Inc.	+8,930	29,510	$1,589,998
MRCY	Mercury Systems Inc	+8,220	28,690	$1,164,814
—		+2,320	33,430	$1,511,036
HP	Helmerich & Payne, Inc.	+1,820	40,420	$1,494,327
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
—		−188,587	86,551	$0
MERC	Mercer International Inc.	−165,720	94,848	$1,166,630
LYTS	Lsi Industries Inc	−129,686	95,280	$732,703
LUCK	Lucky Strike Entertainment Corp	−97,200	169,330	$2,084,452
PUMP	ProPetro Holding Corp.	−81,590	138,450	$1,114,522
KE	Kimball Electronics, Inc.	−62,184	25,015	$429,007
—		−61,411	62,204	$0
OII	Oceaneering International Inc	−60,230	104,846	$834,574
ALNT	Allient Inc	−58,188	38,355	$1,097,720
TITN	Titan Machinery Inc.	−52,694	59,443	$1,679,859
—		−50,937	86,195	$0
CAC	Camden National Corp	−48,992	33,386	$1,422,243
OEC	Orion S.A.	−46,310	78,742	$1,051,205
HBNC	Horizon Bancorp Inc	−44,389	75,820	$1,361,727
HCKT	Hackett Group, Inc.	−42,348	71,602	$1,268,787
OCFC	Oceanfirst Financial Corp	−41,277	70,365	$1,311,603
CMC	COMMERCIAL METALS Co	−30,152	50,270	$1,783,579
UMH	Umh Properties, Inc.	−29,049	75,970	$1,226,915
SBCF	Seacoast Banking Corp Of Florida	−27,125	46,385	$1,402,218
COHU	Cohu Inc	−26,960	45,925	$1,183,946
VPG	Vishay Precision Group, Inc.	−26,599	45,680	$1,351,671
KN	Knowles Corp	−26,073	43,849	$533,642
NBTB	Nbt Bancorp Inc	−25,557	43,322	$1,644,069
TRS	Trimas Corp	−22,310	37,940	$951,155
FBNC	First Bancorp	−22,086	38,240	$1,398,819
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
—		45,856	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
HLLY	Holley Inc.	200,035	$2,100,367
PLAB	Photronics Inc	92,910	$1,809,886
UTI	Universal Technical Institute Inc	242,040	$1,725,745
QCRH	Qcr Holdings Inc	31,500	$1,700,685
RELL	Richardson Electronics, Ltd.	115,058	$1,686,750
SMBK	Smartfinancial Inc.	63,895	$1,543,703
HWKN	Hawkins Inc	42,330	$1,525,149
TWI	Titan International Inc	99,070	$1,495,957
RLGT	Radiant Logistics, Inc	200,330	$1,486,448
WLDN	Willdan Group, Inc.	53,686	$1,480,659
BCML	BayCom Corp	70,740	$1,462,903
GSBC	Great Southern Bancorp, Inc.	24,120	$1,412,467
FCCO	First Community Corp	72,640	$1,392,508
MCS	Marcus Corp	92,240	$1,362,384
PLPC	Preformed Line Products Co	22,100	$1,359,150
—		16,190	$1,339,000
DLHC	DLH Holdings Corp.	87,628	$1,335,450
RRBI	Red River Bancshares Inc	24,270	$1,312,521
ALCO	Alico, Inc.	36,710	$1,307,977
FISI	Financial Institutions Inc	50,240	$1,307,244
AROW	Arrow Financial Corp	40,324	$1,282,706
PLBC	Plumas Bancorp	43,390	$1,238,350
ATEN	A10 Networks, Inc.	85,990	$1,236,536
STRL	Sterling Infrastructure, Inc.	55,890	$1,225,108
NPKI	NPK International Inc.	386,160	$1,193,234
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

93 tracked positions · $101,861,638 total · filing declares 95 positions · $119,824,000 · as of Sep 30, 2022

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

Showing 1–50 of 93 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
LUCK	Lucky Strike Entertainment Corp Consumer Cyclical	Reduced	169,330	-97,200	$2,084,452	−26.2%	3	$9.25	2.05%
KEX	Kirby Corp Industrials	Reduced	31,000	-320	$1,883,870	−1.1%	6	$62.26	1.85%
CHCO	City Holding Co Financial Services	Reduced	20,738	-12,080	$1,839,253	−29.8%	11+	before history	1.81%
EXE	EXPAND ENERGY Corp Energy	Reduced	19,360	-7,430	$1,823,905	−16.1%	6	$49.92	1.79%
R	Ryder System Inc Industrials	Reduced	23,750	-260	$1,792,887	+5.1%	6	$79.00	1.76%
CMC	COMMERCIAL METALS Co Industrials	Reduced	50,270	-30,152	$1,783,579	−33.0%	7	$24.76	1.75%
MGRC	Mcgrath Rentcorp Industrials	Reduced	20,732	-160	$1,738,585	+9.5%	11+	before history	1.71%
WSBC	Wesbanco Inc Financial Services	Reduced	50,780	-390	$1,694,528	+4.4%	8	$28.29	1.66%
TITN	Titan Machinery Inc. Industrials	Reduced	59,443	-52,694	$1,679,859	−33.2%	5	$28.75	1.65%
GPOR	Gulfport Energy Corp Energy	Reduced	18,925	-11,160	$1,670,888	−30.1%	6	$67.17	1.64%
HUBG	Hub Group, Inc. Industrials	Reduced	24,100	-230	$1,662,418	−3.7%	8	$55.46	1.63%
NBTB	Nbt Bancorp Inc Financial Services	Reduced	43,322	-25,557	$1,644,069	−36.5%	11+	before history	1.61%
INDB	Independent Bank Corp Financial Services	Reduced	21,860	-160	$1,629,225	−6.9%	8	$68.14	1.60%
WSFS	Wsfs Financial Corp Financial Services	Reduced	34,913	-270	$1,622,057	+15.0%	10	$26.65	1.59%
HWC	Hancock Whitney Corp Financial Services	Reduced	35,300	-270	$1,617,093	+2.6%	8	$29.19	1.59%
FIX	Comfort Systems USA Inc Industrials	Reduced	16,487	-9,640	$1,604,679	−26.1%	5	$84.28	1.58%
AAON	Aaon, Inc. Industrials	Added	29,510	+8,930	$1,589,998	+41.1%	2	$54.13	1.56%
EME	EMCOR Group, Inc. Industrials	Reduced	13,678	-110	$1,579,535	+11.3%	11+	before history	1.55%
EBC	Eastern Bankshares, Inc. Financial Services	Reduced	80,140	-620	$1,573,949	+5.6%	6	$21.18	1.55%
SEB	Seaboard Corp Industrials	Reduced	456	-4	$1,551,612	−13.1%	5	$4,024.24	1.52%
TCBK	Trico Bancshares Financial Services	Reduced	34,380	-20,423	$1,535,067	−38.6%	11+	before history	1.51%
THFF	First Financial Corp Financial Services	Reduced	33,760	-19,734	$1,525,614	−35.9%	11+	before history	1.50%
		Added	33,430	+2,320	$1,511,036	+15.2%	7	$52.76	1.48%
HP	Helmerich & Payne, Inc. Energy	Added	40,420	+1,820	$1,494,327	−10.1%	3	$34.80	1.47%
MTRN	MATERION Corp Basic Materials	Reduced	18,135	-10,615	$1,450,800	−31.6%	11+	before history	1.42%
MLI	Mueller Industries Inc Industrials	Reduced	23,952	-2,470	$1,423,706	+1.1%	11+	before history	1.40%
HAE	Haemonetics Corp Healthcare	Reduced	19,226	-11,340	$1,423,300	−28.6%	3	$54.38	1.40%
CAC	Camden National Corp Financial Services	Reduced	33,386	-48,992	$1,422,243	−60.8%	11+	before history	1.40%
CVCO	Cavco Industries, Inc. Consumer Cyclical	Reduced	6,876	-50	$1,414,805	+4.2%	11+	before history	1.39%
ACLS	Axcelis Technologies Inc Technology	Reduced	23,270	-13,904	$1,409,231	−30.9%	8	$28.57	1.38%
SBCF	Seacoast Banking Corp Of Florida Financial Services	Reduced	46,385	-27,125	$1,402,218	−42.3%	9	$20.71	1.38%
FBNC	First Bancorp Financial Services	Reduced	38,240	-22,086	$1,398,819	−33.6%	11+	before history	1.37%
CPK	Chesapeake Utilities Corp Utilities	Reduced	12,080	-30	$1,393,911	−11.2%	4	$132.99	1.37%
MNRO	Monro, Inc. Consumer Cyclical	Reduced	31,717	-18,556	$1,378,420	−36.1%	8	$45.84	1.35%
WASH	Washington Trust Bancorp Inc Financial Services	Reduced	29,351	-17,144	$1,364,234	−39.3%	9	$39.19	1.34%
HBNC	Horizon Bancorp Inc Financial Services	Reduced	75,820	-44,389	$1,361,727	−35.0%	6	$18.02	1.34%
VPG	Vishay Precision Group, Inc. Technology	Reduced	45,680	-26,599	$1,351,671	−35.8%	6	$33.32	1.33%
VVV	Valvoline Inc Consumer Cyclical	Reduced	53,010	-510	$1,343,273	−12.9%	5	$31.05	1.32%
MMSI	Merit Medical Systems Inc Healthcare	Reduced	23,357	-180	$1,319,904	+3.3%	11+	before history	1.30%
OCFC	Oceanfirst Financial Corp Financial Services	Reduced	70,365	-41,277	$1,311,603	−38.6%	11+	before history	1.29%
MEI	Methode Electronics Inc Technology	Reduced	34,950	-19,380	$1,298,392	−35.5%	10	$33.28	1.27%
SKY	Champion Homes, Inc. Consumer Cyclical	Reduced	24,450	-14,468	$1,292,671	−30.0%	7	$40.26	1.27%
ALIT	Alight, Inc. / Delaware Technology	Reduced	175,900	-770	$1,289,347	+8.1%	5	$10.51	1.27%
CNXC	Concentrix Corp Technology	Reduced	11,478	-90	$1,281,289	−18.3%	7	$121.19	1.26%
HCKT	Hackett Group, Inc. Technology	Reduced	71,602	-42,348	$1,268,787	−41.3%	10	$14.91	1.25%
ONTO	Onto Innovation Inc. Technology	Reduced	19,156	-140	$1,226,941	−8.8%	11+	before history	1.20%
UMH	Umh Properties, Inc. Real Estate	Reduced	75,970	-29,049	$1,226,915	−33.8%	11+	before history	1.20%
MMS	Maximus, Inc. Industrials	Reduced	20,806	-160	$1,204,043	−8.1%	11+	before history	1.18%
COHU	Cohu Inc Technology	Reduced	45,925	-26,960	$1,183,946	−41.5%	5	$33.76	1.16%
EHC	Encompass Health Corp Healthcare	Added	26,094	+11,120	$1,180,231	+40.6%	11+	before history	1.16%

Showing the top 50 of 93 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.