Global Alpha Capital Management Ltd.

CIK

1584691

Location

MONTREAL, A8

Portfolio Value

Micro $78,542,794

Diversification

Diversified

Filing Date

Global Rank

#1,206 / 8,336 ▲ 113

Top Industry

Utilities - Renewable 12.0%

3Y Alpha vs SPY

-6.0%

Period ended 3 months ago

Filed May 11, 2026 · 35d

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

+49.3%

SPY

+74.2%

Annualised alpha

-6.0%

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

2 positions · $78,542,794 total · Real Estate only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio	History
RYN	Rayonier Inc Real Estate	Added	2,090,294	+398,995	$43,101,862	−4.0%	54.88%
COLD	Americold Realty Trust Real Estate	Added	3,092,577	+3,048,955	$35,440,932	+6537.7%	45.12%