Global Alpha Capital Management Ltd.

CIK

1584691

Location

MONTREAL, A8

Portfolio Value

Mid $1,663,798,561

Diversification

Diversified

Filing Date

Global Rank

#1,336 / 8,605 ▲ 28 · as of Mar 2026

Top Industry

Utilities - Renewable 12.0%

3Y Alpha vs SPY

-6.6%

Period ended 3 months ago

Filed May 11, 2026 · 59d

25 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

+47.2%

SPY

+76.5%

Annualised alpha

-7.1%

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 Dec 31, 2025

Top Position

12.0%

+0.5 pts

Top 5

28.2%

+0.1 pts

Top 10

42.1%

−1.1 pts

HHI

360

Diversified+2

Portfolio Trend

25 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 Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
COLD	Americold Realty Trust	+639,055	3,092,577	$35,440,932
CLNE	Clean Energy Fuels Corp.	+582,228	7,126,817	$17,674,506
GENI	Genius Sports Ltd	+536,889	4,448,351	$19,706,194
CAE	Cae Inc	+485,966	1,206,866	$31,438,859
RYN	Rayonier Inc	+432,749	2,090,294	$43,101,862
ACIW	Aci Worldwide, Inc.	+252,882	915,665	$37,551,421
DNOW	DNOW Inc.	+232,974	3,007,845	$35,823,433
REZI	Resideo Technologies, Inc.	+231,052	826,852	$27,873,180
CVLT	Commvault Systems Inc	+227,571	368,471	$28,700,206
RDNT	RadNet, Inc.	+170,039	658,208	$36,787,245
THRM	Gentherm Inc	+160,892	1,191,565	$33,101,675
RLI	Rli Corp	+155,034	588,483	$33,567,070
ORA	Ormat Technologies, Inc.	+70,845	1,791,348	$200,487,668
GXO	GXO Logistics, Inc.	+53,034	929,510	$48,195,093
BC	Brunswick Corp	+45,058	373,581	$27,181,753
SANM	Sanmina Corp	+37,930	602,562	$78,116,137
GMED	Globus Medical Inc	+27,748	694,444	$59,833,295
UMBF	Umb Financial Corp	+26,766	658,982	$74,326,579
SAM	Boston Beer Co Inc	+24,497	147,525	$33,989,760
EXP	Eagle Materials Inc	+23,473	216,219	$40,962,689
SEDG	Solaredge Technologies, Inc.	+22,128	43,128	$2,201,684
KWR	Quaker Chemical Corp	+15,859	169,759	$21,089,160
AWI	Armstrong World Industries Inc	+14,766	174,245	$28,715,576
BGSI	Boyd Group Services Inc.	+5,777	325,560	$41,626,101
CVSA	Covista Inc.	+1,893	19,544	$2,252,446
No positions match the current search.

Trimmed

Positions the filer reduced

23 positions

Ticker	Company	Δ Shares	Shares	Value
AA	Alcoa Corp	−365,203	689,248	$45,717,819
RUSHA	Rush Enterprises Inc \Tx\	−278,289	734,197	$48,537,763
ANIP	Ani Pharmaceuticals Inc	−228,895	361,240	$27,779,356
FSS	Federal Signal Corp /De/	−105,929	330,075	$35,694,310
SII	Sprott Inc.	−91,161	313,478	$44,796,006
MWA	Mueller Water Products, Inc.	−44,315	48,634	$1,336,948
PRAA	Pra Group Inc	−25,924	1,936,760	$33,893,300
DIOD	Diodes Inc /Del/	−17,436	837,654	$57,178,262
DGII	Digi International Inc	−4,140	478,774	$23,076,906
VMI	Valmont Industries Inc	−3,693	8,365	$3,342,403
NXT	Nextpower Inc.	−2,908	34,111	$4,112,081
CWST	Casella Waste Systems Inc	−2,505	325,827	$25,851,114
WTFC	Wintrust Financial Corp	−1,904	234,380	$32,564,757
EEFT	Euronet Worldwide, Inc.	−1,838	236,225	$15,678,253
GPOR	Gulfport Energy Corp	−1,449	190,542	$40,312,970
EVR	Evercore Inc.	−800	118,857	$35,480,003
CERT	Certara, Inc.	−495	172,205	$981,568
LMNR	Limoneira CO	−446	2,926,267	$39,270,503
ONT	Onterris, Inc.	−386	142,996	$3,130,182
ZWS	Zurn Elkay Water Solutions Corp	−172	67,070	$3,007,418
BLKB	Blackbaud Inc	−100	14,155	$546,524
VCEL	Vericel Corp	−100	49,958	$1,607,148
AGM	Federal Agricultural Mortgage Corp	−97	16,810	$2,493,763
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
SCI	Service Corp International	347,647	$28,684,353
WRD	WeRide Inc.	2,547,702	$20,610,909
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
GNTX	Gentex Corp	708,431	$16,485,189
FPI	Farmland Partners Inc.	1,496,785	$14,503,846
PCRX	Pacira BioSciences, Inc.	68,360	$1,769,156
VITL	Vital Farms, Inc.	21,400	$683,516
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	+70,845	$200,487,668	+5.5%	12.05%
SANM	Sanmina Corp Technology	Added	602,562	+37,930	$78,116,137	−7.8%	4.70%
UMBF	Umb Financial Corp Financial Services	Added	658,982	+26,766	$74,326,579	+2.2%	4.47%
GMED	Globus Medical Inc Healthcare	Added	694,444	+27,748	$59,833,295	+2.8%	3.60%
DIOD	Diodes Inc /Del/ Technology	Reduced	837,654	-17,436	$57,178,262	+35.5%	3.44%
RUSHA	Rush Enterprises Inc \Tx\ Consumer Cyclical	Reduced	734,197	-278,289	$48,537,763	−11.1%	2.92%
GXO	GXO Logistics, Inc. Industrials	Added	929,510	+53,034	$48,195,093	+4.5%	2.90%
AA	Alcoa Corp Basic Materials	Reduced	689,248	-365,203	$45,717,819	−18.4%	2.75%
SII	Sprott Inc. Financial Services	Reduced	313,478	-91,161	$44,796,006	+13.1%	2.69%
RYN	Rayonier Inc Real Estate	Added	2,090,294	+432,749	$43,101,862	+20.1%	2.59%
BGSI	Boyd Group Services Inc. Consumer Cyclical	Added	325,560	+5,777	$41,626,101	−18.3%	2.50%
EXP	Eagle Materials Inc Basic Materials	Added	216,219	+23,473	$40,962,689	+2.8%	2.46%
GPOR	Gulfport Energy Corp Energy	Reduced	190,542	-1,449	$40,312,970	+1.0%	2.42%
ATNI	ATN International, Inc. Communication Services	Held	1,456,998	0	$39,659,485	+19.4%	2.38%
LMNR	Limoneira CO Consumer Defensive	Reduced	2,926,267	-2,927,159	$39,270,503	−46.9%	2.36%
ACIW	Aci Worldwide, Inc. Technology	Added	915,665	+252,882	$37,551,421	+18.5%	2.26%
RDNT	RadNet, Inc. Healthcare	Added	658,208	+170,039	$36,787,245	+5.6%	2.21%
DNOW	DNOW Inc. Industrials	Added	3,007,845	+232,974	$35,823,433	−2.6%	2.15%
FSS	Federal Signal Corp /De/ Industrials	Reduced	330,075	-105,929	$35,694,310	−24.6%	2.15%
EVR	Evercore Inc. Financial Services	Reduced	118,857	-800	$35,480,003	−12.9%	2.13%
COLD	Americold Realty Trust Real Estate	Added	3,092,577	+639,055	$35,440,932	+12.3%	2.13%
SAM	Boston Beer Co Inc Consumer Defensive	Added	147,525	+24,497	$33,989,760	+41.6%	2.04%
PRAA	Pra Group Inc Financial Services	Reduced	1,936,760	-25,924	$33,893,300	−2.4%	2.04%
RLI	Rli Corp Financial Services	Added	588,483	+155,034	$33,567,070	+21.0%	2.02%
THRM	Gentherm Inc Consumer Cyclical	Added	1,191,565	+160,892	$33,101,675	−11.7%	1.99%
WTFC	Wintrust Financial Corp Financial Services	Reduced	234,380	-1,904	$32,564,757	−1.4%	1.96%
CAE	Cae Inc Industrials	Added	1,206,866	+485,966	$31,438,859	+43.4%	1.89%
AWI	Armstrong World Industries Inc Industrials	Added	174,245	+14,766	$28,715,576	−5.8%	1.73%
CVLT	Commvault Systems Inc Technology	Added	368,471	+227,571	$28,700,206	+62.5%	1.72%
SCI	Service Corp International Consumer Cyclical	NEW	347,647	NEW	$28,684,353	NEW	1.72%
REZI	Resideo Technologies, Inc. Industrials	Added	826,852	+231,052	$27,873,180	+33.2%	1.68%
ANIP	Ani Pharmaceuticals Inc Healthcare	Reduced	361,240	-228,895	$27,779,356	−40.4%	1.67%
BC	Brunswick Corp Consumer Cyclical	Added	373,581	+45,058	$27,181,753	+11.4%	1.63%
CWST	Casella Waste Systems Inc Industrials	Reduced	325,827	-2,505	$25,851,114	−19.6%	1.55%
DGII	Digi International Inc Technology	Reduced	478,774	-4,140	$23,076,906	+10.4%	1.39%
KWR	Quaker Chemical Corp Basic Materials	Added	169,759	+15,859	$21,089,160	−0.2%	1.27%
WRD	WeRide Inc. Technology	NEW	2,547,702	NEW	$20,610,909	NEW	1.24%
GENI	Genius Sports Ltd Communication Services	Added	4,448,351	+536,889	$19,706,194	−54.3%	1.18%
CLNE	Clean Energy Fuels Corp. Energy	Added	7,126,817	+582,228	$17,674,506	+28.6%	1.06%
EEFT	Euronet Worldwide, Inc. Technology	Reduced	236,225	-1,838	$15,678,253	−13.5%	0.94%
ENS	EnerSys Industrials	Added	29,193	+1,142	$5,071,407	+23.2%	0.30%
NXT	Nextpower Inc. Technology	Reduced	34,111	-2,908	$4,112,081	+27.5%	0.25%
BCPC	Balchem Corp Basic Materials	Held	20,259	0	$3,433,495	+10.5%	0.21%
VMI	Valmont Industries Inc Industrials	Reduced	8,365	-3,693	$3,342,403	−31.1%	0.20%
ONT	Onterris, Inc. Industrials	Reduced	142,996	-386	$3,130,182	−12.1%	0.19%
ZWS	Zurn Elkay Water Solutions Corp Industrials	Reduced	67,070	-172	$3,007,418	−3.8%	0.18%
AGM	Federal Agricultural Mortgage Corp Financial Services	Reduced	16,810	-97	$2,493,763	−16.0%	0.15%
CVSA	Covista Inc. Consumer Defensive	Added	19,544	+1,893	$2,252,446	+23.3%	0.14%
SEDG	Solaredge Technologies, Inc. Technology	Added	43,128	+22,128	$2,201,684	+263.4%	0.13%
VCEL	Vericel Corp Healthcare	Reduced	49,958	-100	$1,607,148	−10.8%	0.10%