Global Alpha Capital Management Ltd.

CIK

1584691

Location

MONTREAL, A8

Portfolio Value

Mid $1,663,798,561

Diversification

Diversified

Filing Date

Global Rank

#1,103 / 8,232 ▲ 214

Top Industry

Utilities - Renewable 12.0%

3Y Alpha vs SPY

-5.9%

Period ended 2 months ago

Filed May 11, 2026 · 34d

24 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+51.6%

SPY

+76.3%

Annualised alpha

-5.9%

Max drawdown

−26.8%

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

54 positions · as of Mar 31, 2026 · Δ vs Sep 30, 2025

Top Position

12.0%

+1.8 pts

Top 5

28.2%

−0.1 pts

Top 10

42.1%

−3.3 pts

HHI

360

Diversified−4

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	16.1%	$267,772,383	10
Financial Services	15.5%	$257,121,478	7
Industrials	15.0%	$249,479,923	12
Utilities	12.0%	$200,487,668	1
Consumer Cyclical	10.8%	$179,336,676	6
Healthcare	7.6%	$126,988,612	5
Basic Materials	6.7%	$111,203,163	4
Real Estate	4.7%	$78,542,794	2
Consumer Defensive	4.5%	$75,512,709	3
Communication Services	3.6%	$59,365,679	2
Energy	3.5%	$57,987,476	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Sep 30, 2025

Added To

Positions the filer increased

16 positions

Ticker	Company	Δ Shares	Shares	Value
COLD	Americold Realty Trust	+3,048,955	3,092,577	$35,440,932
DNOW	DNOW Inc.	+982,319	3,007,845	$35,823,433
RYN	Rayonier Inc	+398,995	2,090,294	$43,101,862
RLI	Rli Corp	+123,997	588,483	$33,567,070
CLNE	Clean Energy Fuels Corp.	+113,041	7,126,817	$17,674,506
BC	Brunswick Corp	+102,953	373,581	$27,181,753
EEFT	Euronet Worldwide, Inc.	+99,425	236,225	$15,678,253
THRM	Gentherm Inc	+87,982	1,191,565	$33,101,675
EXP	Eagle Materials Inc	+70,926	216,219	$40,962,689
ORA	Ormat Technologies, Inc.	+43,548	1,791,348	$200,487,668
GPOR	Gulfport Energy Corp	+28,182	190,542	$40,312,970
SAM	Boston Beer Co Inc	+16,321	147,525	$33,989,760
VCEL	Vericel Corp	+15,400	49,958	$1,607,148
UMBF	Umb Financial Corp	+15,138	658,982	$74,326,579
AWI	Armstrong World Industries Inc	+4,055	174,245	$28,715,576
BCPC	Balchem Corp	+2,200	20,259	$3,433,495
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AA	Alcoa Corp	−607,723	689,248	$45,717,819
GMED	Globus Medical Inc	−451,147	694,444	$59,833,295
GENI	Genius Sports Ltd	−285,349	4,448,351	$19,706,194
ANIP	Ani Pharmaceuticals Inc	−269,350	361,240	$27,779,356
LMNR	Limoneira CO	−259,014	2,926,267	$39,270,503
CWST	Casella Waste Systems Inc	−248,138	325,827	$25,851,114
GXO	GXO Logistics, Inc.	−229,020	929,510	$48,195,093
SANM	Sanmina Corp	−213,329	602,562	$78,116,137
PRAA	Pra Group Inc	−164,140	1,936,760	$33,893,300
FSS	Federal Signal Corp /De/	−136,538	330,075	$35,694,310
SII	Sprott Inc.	−120,130	313,478	$44,796,006
RUSHA	Rush Enterprises Inc \Tx\	−105,193	734,197	$48,537,763
ATNI	ATN International, Inc.	−102,300	1,456,998	$39,659,485
MWA	Mueller Water Products, Inc.	−44,615	48,634	$1,336,948
RDNT	RadNet, Inc.	−44,550	658,208	$36,787,245
EVR	Evercore Inc.	−43,578	118,857	$35,480,003
ZWS	Zurn Elkay Water Solutions Corp	−41,872	67,070	$3,007,418
DGII	Digi International Inc	−38,576	478,774	$23,076,906
ONT	Onterris, Inc.	−32,286	142,996	$3,130,182
ACIW	Aci Worldwide, Inc.	−19,604	915,665	$37,551,421
WTFC	Wintrust Financial Corp	−18,823	234,380	$32,564,757
ENS	EnerSys	−15,158	29,193	$5,071,407
CVSA	Covista Inc.	−5,407	19,544	$2,252,446
DIOD	Diodes Inc /Del/	−4,016	837,654	$57,178,262
VMI	Valmont Industries Inc	−3,733	8,365	$3,342,403
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
BGSI	Boyd Group Services Inc.	325,560	$41,626,101
CAE	Cae Inc	1,206,866	$31,438,859
CVLT	Commvault Systems Inc	368,471	$28,700,206
SCI	Service Corp International	347,647	$28,684,353
REZI	Resideo Technologies, Inc.	826,852	$27,873,180
KWR	Quaker Chemical Corp	169,759	$21,089,160
WRD	WeRide Inc.	2,547,702	$20,610,909
SEDG	Solaredge Technologies, Inc.	43,128	$2,201,684
CERT	Certara, Inc.	172,205	$981,568
ATAT	Atour Lifestyle Holdings Ltd	5,570	$205,031
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
CW	Curtiss Wright Corp	85,497	$46,419,741
FPI	Farmland Partners Inc.	2,903,752	$31,592,821
GNTX	Gentex Corp	874,100	$24,737,030
CSTE	Caesarstone Ltd.	2,335,605	$3,713,611
POWI	Power Integrations Inc	67,137	$2,699,578
LMB	Limbach Holdings, Inc.	26,752	$2,598,154
BFAM	Bright Horizons Family Solutions Inc.	19,293	$2,094,641
PCRX	Pacira BioSciences, Inc.	79,460	$2,047,684
LRN	Stride, Inc.	11,294	$1,682,128
HAE	Haemonetics Corp	19,853	$967,635
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

54 positions · $1,663,798,561 total · as of Mar 31, 2026

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

Showing 1–50 of 54 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ORA	Ormat Technologies, Inc. Utilities	Added	1,791,348	+43,548	$200,487,668	+19.2%	12.05%
SANM	Sanmina Corp Technology	Reduced	602,562	-213,329	$78,116,137	−16.8%	4.70%
UMBF	Umb Financial Corp Financial Services	Added	658,982	+15,138	$74,326,579	−2.5%	4.47%
GMED	Globus Medical Inc Healthcare	Reduced	694,444	-451,147	$59,833,295	−8.8%	3.60%
DIOD	Diodes Inc /Del/ Technology	Reduced	837,654	-4,016	$57,178,262	+27.7%	3.44%
RUSHA	Rush Enterprises Inc \Tx\ Consumer Cyclical	Reduced	734,197	-105,193	$48,537,763	+8.1%	2.92%
GXO	GXO Logistics, Inc. Industrials	Reduced	929,510	-229,020	$48,195,093	−21.3%	2.90%
AA	Alcoa Corp Basic Materials	Reduced	689,248	-607,723	$45,717,819	+7.2%	2.75%
SII	Sprott Inc. Financial Services	Reduced	313,478	-120,130	$44,796,006	+24.2%	2.69%
RYN	Rayonier Inc Real Estate	Added	2,090,294	+398,995	$43,101,862	−4.0%	2.59%
BGSI	Boyd Group Services Inc. Consumer Cyclical	NEW	325,560	NEW	$41,626,101	NEW	2.50%
EXP	Eagle Materials Inc Basic Materials	Added	216,219	+70,926	$40,962,689	+21.0%	2.46%
GPOR	Gulfport Energy Corp Energy	Added	190,542	+28,182	$40,312,970	+37.2%	2.42%
ATNI	ATN International, Inc. Communication Services	Reduced	1,456,998	-102,300	$39,659,485	+69.9%	2.38%
LMNR	Limoneira CO Consumer Defensive	Reduced	2,926,267	-259,014	$39,270,503	−17.0%	2.36%
ACIW	Aci Worldwide, Inc. Technology	Reduced	915,665	-19,604	$37,551,421	−23.9%	2.26%
RDNT	RadNet, Inc. Healthcare	Reduced	658,208	-44,550	$36,787,245	−31.3%	2.21%
DNOW	DNOW Inc. Industrials	Added	3,007,845	+982,319	$35,823,433	+16.0%	2.15%
FSS	Federal Signal Corp /De/ Industrials	Reduced	330,075	-136,538	$35,694,310	−35.7%	2.15%
EVR	Evercore Inc. Financial Services	Reduced	118,857	-43,578	$35,480,003	−35.2%	2.13%
COLD	Americold Realty Trust Real Estate	Added	3,092,577	+3,048,955	$35,440,932	+6537.7%	2.13%
SAM	Boston Beer Co Inc Consumer Defensive	Added	147,525	+16,321	$33,989,760	+22.5%	2.04%
PRAA	Pra Group Inc Financial Services	Reduced	1,936,760	-164,140	$33,893,300	+4.5%	2.04%
RLI	Rli Corp Financial Services	Added	588,483	+123,997	$33,567,070	+10.8%	2.02%
THRM	Gentherm Inc Consumer Cyclical	Added	1,191,565	+87,982	$33,101,675	−11.9%	1.99%
WTFC	Wintrust Financial Corp Financial Services	Reduced	234,380	-18,823	$32,564,757	−2.9%	1.96%
CAE	Cae Inc Industrials	NEW	1,206,866	NEW	$31,438,859	NEW	1.89%
AWI	Armstrong World Industries Inc Industrials	Added	174,245	+4,055	$28,715,576	−13.9%	1.73%
CVLT	Commvault Systems Inc Technology	NEW	368,471	NEW	$28,700,206	NEW	1.72%
SCI	Service Corp International Consumer Cyclical	NEW	347,647	NEW	$28,684,353	NEW	1.72%
REZI	Resideo Technologies, Inc. Industrials	NEW	826,852	NEW	$27,873,180	NEW	1.68%
ANIP	Ani Pharmaceuticals Inc Healthcare	Reduced	361,240	-269,350	$27,779,356	−51.9%	1.67%
BC	Brunswick Corp Consumer Cyclical	Added	373,581	+102,953	$27,181,753	+58.8%	1.63%
CWST	Casella Waste Systems Inc Industrials	Reduced	325,827	-248,138	$25,851,114	−52.5%	1.55%
DGII	Digi International Inc Technology	Reduced	478,774	-38,576	$23,076,906	+22.3%	1.39%
KWR	Quaker Chemical Corp Basic Materials	NEW	169,759	NEW	$21,089,160	NEW	1.27%
WRD	WeRide Inc. Technology	NEW	2,547,702	NEW	$20,610,909	NEW	1.24%
GENI	Genius Sports Ltd Communication Services	Reduced	4,448,351	-285,349	$19,706,194	−66.4%	1.18%
CLNE	Clean Energy Fuels Corp. Energy	Added	7,126,817	+113,041	$17,674,506	−2.3%	1.06%
EEFT	Euronet Worldwide, Inc. Technology	Added	236,225	+99,425	$15,678,253	+30.5%	0.94%
ENS	EnerSys Industrials	Reduced	29,193	-15,158	$5,071,407	+1.2%	0.30%
NXT	Nextpower Inc. Technology	Reduced	34,111	-2,208	$4,112,081	+53.0%	0.25%
BCPC	Balchem Corp Basic Materials	Added	20,259	+2,200	$3,433,495	+26.7%	0.21%
VMI	Valmont Industries Inc Industrials	Reduced	8,365	-3,733	$3,342,403	−28.7%	0.20%
ONT	Onterris, Inc. Industrials	Reduced	142,996	-32,286	$3,130,182	−35.0%	0.19%
ZWS	Zurn Elkay Water Solutions Corp Industrials	Reduced	67,070	-41,872	$3,007,418	−41.3%	0.18%
AGM	Federal Agricultural Mortgage Corp Financial Services	Reduced	16,810	-97	$2,493,763	−12.2%	0.15%
CVSA	Covista Inc. Consumer Defensive	Reduced	19,544	-5,407	$2,252,446	−41.6%	0.14%
SEDG	Solaredge Technologies, Inc. Technology	NEW	43,128	NEW	$2,201,684	NEW	0.13%
VCEL	Vericel Corp Healthcare	Added	49,958	+15,400	$1,607,148	+47.8%	0.10%