INVESTMENT COUNSELORS OF MARYLAND LLC

CIK

51964

Location

BALTIMORE, MD

Portfolio Value

Mid $3,502,170,016

Diversification

Diversified

Filing Date

Global Rank

#632 / 5,928 ▲ 46 · as of Jun 2021

Top Industry

Banks - Regional 13.1%

3Y Alpha vs SPY

-5.0%

Period ended 5 years ago

Filed Jul 16, 2021 · 5y

6 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

+50.7%

SPY

+69.4%

Annualised alpha

-4.6%

Max drawdown

−25.2%

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

129 positions · as of Jun 30, 2021 · Δ vs Mar 31, 2021

Top Position

2.3%

−0.1 pts

Top 5

10.3%

+0.1 pts

Top 10

18.8%

−0.2 pts

HHI

132

Diversified−5

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2021

Sector	% Portfolio	Value	Positions
Consumer Cyclical	20.8%	$729,322,494	20
Industrials	18.4%	$644,585,038	25
Technology	17.9%	$628,503,241	20
Financial Services	16.7%	$583,287,717	23
Real Estate	6.9%	$242,552,106	10
Healthcare	4.8%	$166,684,284	10
Basic Materials	4.6%	$162,455,627	8
Communication Services	2.8%	$99,485,424	2
Consumer Defensive	2.5%	$87,762,763	4
Energy	2.3%	$80,973,287	3
Utilities	2.2%	$76,558,035	4

Last Quarter's Activity

Export CSV

Jun 30, 2021 vs Mar 31, 2021

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GLDD	Great Lakes Dredge & Dock CORP	+1,396,691	3,260,322	$47,633,304
CNDT	CONDUENT Inc	+602,358	7,175,118	$53,813,385
TSEM	Tower Semiconductor Ltd	+528,141	1,779,516	$52,371,155
CALM	Cal-Maine Foods Inc	+419,480	1,133,402	$41,040,486
OEC	Orion S.A.	+383,403	2,587,842	$49,143,119
FCPT	Four Corners Property Trust, Inc.	+329,167	1,234,631	$34,088,161
NTGR	Netgear, Inc.	+296,805	1,197,427	$45,885,402
MTG	Mgic Investment Corp	+257,407	3,095,483	$42,098,568
OPLN	OPENLANE, Inc.	+237,954	2,801,601	$49,168,097
LNTH	Lantheus Holdings, Inc.	+232,096	2,779,298	$76,819,796
TPH	Tri Pointe Homes, Inc.	+228,403	3,004,440	$64,385,149
ESRT	Empire State Realty Trust, Inc.	+226,265	2,704,833	$32,457,996
FRME	First Merchants Corp	+206,911	850,170	$35,426,583
BANC	Banc Of California, Inc.	+204,867	2,426,414	$42,559,301
KRG	Kite Realty Group Trust	+201,287	2,608,601	$57,415,308
TCBI	Texas Capital Bancshares Inc/Tx	+178,629	845,248	$53,664,795
BDN	Brandywine Realty Trust	+172,054	2,158,844	$29,597,751
MTDR	Matador Resources Co	+171,618	2,235,677	$80,506,728
KN	Knowles Corp	+171,422	2,030,179	$40,075,733
NVRI	Enviri Corp	+166,131	1,983,918	$0
SMP	Standard Motor Products, Inc.	+165,160	1,128,572	$48,923,596
CNOB	ConnectOne Bancorp, Inc.	+165,096	1,959,245	$51,273,441
ASTE	Astec Industries Inc	+160,764	511,134	$32,170,773
UMH	Umh Properties, Inc.	+158,714	1,940,289	$42,337,105
MWA	Mueller Water Products, Inc.	+152,889	1,810,951	$26,113,913
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
DBI	Designer Brands Inc.	−202,121	3,804,289	$62,960,982
IDA	Idacorp Inc	−192,590	1,494	$145,665
AEIS	Advanced Energy Industries Inc	−159,815	28,195	$3,177,858
ENSG	Ensign Group, Inc	−133,063	463,720	$40,190,612
SLM	SLM Corp	−2,780	17,752	$371,726
PWR	Quanta Services, Inc.	−1,156	1,742	$157,772
ALB	Albemarle Corp	−409	476	$80,186
WHR	Whirlpool Corp /De/	−300	1,059	$230,883
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
MLKN	Millerknoll, Inc.	1,036,829	$48,876,119
TMHC	Taylor Morrison Home Corp	1,714,910	$45,307,922
TDS	Telephone & Data Systems Inc /De/	1,811,187	$41,041,497
MRTN	Marten Transport Ltd	2,012,349	$33,183,635
BBT	Beacon Financial Corp	1,205,226	$33,035,244
PJT	PJT Partners Inc.	406,766	$29,034,957
MATX	Matson, Inc.	423,207	$27,085,248
AUDC	Audiocodes Ltd	722,639	$23,912,124
MYE	Myers Industries Inc	840,253	$17,645,313
HBAN	Huntington Bancshares Inc /Md/	12,359	$176,362
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
ONTO	Onto Innovation Inc.	633,304	$41,614,405
TCBK	Trico Bancshares /	691,036	$32,734,375
RUSHA	Rush Enterprises Inc \Tx\	735,173	$24,422,447
TOL	Toll Brothers, Inc.	5,682	$322,339
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

129 positions · $3,502,170,016 total · as of Jun 30, 2021

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

Showing 1–50 of 129 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MTDR	Matador Resources Co Energy	Added	2,235,677	+171,618	$80,506,728	+66.3%	2.30%
LNTH	Lantheus Holdings, Inc. Healthcare	Added	2,779,298	+232,096	$76,819,796	+41.1%	2.19%
KLIC	Kulicke & Soffa Industries Inc Technology	Added	1,169,241	+104,359	$71,557,549	+36.8%	2.04%
OXM	Oxford Industries Inc Consumer Cyclical	Added	683,269	+54,544	$67,534,307	+22.9%	1.93%
TPH	Tri Pointe Homes, Inc. Consumer Cyclical	Added	3,004,440	+228,403	$64,385,149	+13.9%	1.84%
DBI	Designer Brands Inc. Consumer Cyclical	Reduced	3,804,289	-202,121	$62,960,982	−9.7%	1.80%
RRX	Regal Rexnord Corp Industrials	Added	447,368	+37,263	$59,728,101	+2.1%	1.71%
GPI	Group 1 Automotive Inc Consumer Cyclical	Added	382,415	+30,212	$59,056,348	+6.3%	1.69%
MEI	Methode Electronics Inc Technology	Added	1,197,985	+105,820	$58,952,841	+28.6%	1.68%
WLY	John Wiley & Sons, Inc. Communication Services	Added	971,152	+77,645	$58,443,927	+20.7%	1.67%
KRG	Kite Realty Group Trust Real Estate	Added	2,608,601	+201,287	$57,415,308	+23.6%	1.64%
BDC	Belden Inc. Technology	Added	1,131,429	+92,509	$57,216,364	+24.1%	1.63%
URBN	Urban Outfitters Inc Consumer Cyclical	Added	1,328,229	+100,134	$54,749,599	+19.9%	1.56%
DLX	Deluxe Corp Industrials	Added	1,145,260	+96,902	$54,709,070	+24.4%	1.56%
CNDT	CONDUENT Inc Technology	Added	7,175,118	+602,358	$53,813,385	+22.9%	1.54%
TCBI	Texas Capital Bancshares Inc/Tx Financial Services	Added	845,248	+178,629	$53,664,795	+13.5%	1.53%
TSEM	Tower Semiconductor Ltd Technology	Added	1,779,516	+528,141	$52,371,155	+49.3%	1.50%
CNOB	ConnectOne Bancorp, Inc. Financial Services	Added	1,959,245	+165,096	$51,273,441	+12.7%	1.46%
PRAA	Pra Group Inc Financial Services	Added	1,305,713	+109,475	$50,230,779	+13.3%	1.43%
PRGS	Progress Software Corp /Ma Technology	Added	1,079,085	+88,931	$49,907,681	+14.4%	1.43%
GEF	Greif, Inc Consumer Cyclical	Added	813,417	+66,158	$49,252,399	+15.6%	1.41%
OPLN	OPENLANE, Inc. Consumer Cyclical	Added	2,801,601	+237,954	$49,168,097	+27.9%	1.40%
OEC	Orion S.A. Basic Materials	Added	2,587,842	+383,403	$49,143,119	+13.0%	1.40%
SMP	Standard Motor Products, Inc. Consumer Cyclical	Added	1,128,572	+165,160	$48,923,596	+22.1%	1.40%
MLKN	Millerknoll, Inc. Consumer Cyclical	NEW	1,036,829	NEW	$48,876,119	NEW	1.40%
CBZ	CBIZ, Inc. Industrials	Added	1,480,936	+111,472	$48,530,272	+8.5%	1.39%
SFNC	Simmons First National Corp Financial Services	Added	1,642,182	+129,538	$48,181,619	+7.4%	1.38%
GLDD	Great Lakes Dredge & Dock CORP Industrials	Added	3,260,322	+1,396,691	$47,633,304	+75.3%	1.36%
MTX	Minerals Technologies Inc Basic Materials	Added	604,912	+48,661	$47,588,427	+13.6%	1.36%
EPC	EDGEWELL PERSONAL CARE Co Consumer Defensive	Added	1,054,541	+87,287	$46,294,349	+20.9%	1.32%
NTGR	Netgear, Inc. Technology	Added	1,197,427	+296,805	$45,885,402	+24.0%	1.31%
TMHC	Taylor Morrison Home Corp Consumer Cyclical	NEW	1,714,910	NEW	$45,307,922	NEW	1.29%
MTRN	MATERION Corp Basic Materials	Added	600,727	+49,426	$45,264,779	+24.0%	1.29%
WGO	Winnebago Industries Inc Consumer Cyclical	Added	662,286	+118,274	$45,008,956	+7.9%	1.29%
ABCB	Ameris Bancorp Financial Services	Added	883,651	+75,186	$44,739,250	+5.4%	1.28%
CBRL	Cracker Barrel Old Country Store, Inc Consumer Cyclical	Added	292,611	+149,006	$43,441,029	+75.0%	1.24%
SBCF	Seacoast Banking Corp Of Florida Financial Services	Added	1,262,611	+104,857	$43,118,165	+2.8%	1.23%
NTCT	Netscout Systems Inc Technology	Added	1,500,473	+124,040	$42,823,499	+10.5%	1.22%
BANC	Banc Of California, Inc. Financial Services	Added	2,426,414	+204,867	$42,559,301	+6.0%	1.22%
GVA	Granite Construction Inc Industrials	Added	1,022,744	+87,090	$42,474,558	+12.8%	1.21%
UMH	Umh Properties, Inc. Real Estate	Added	1,940,289	+158,714	$42,337,105	+24.0%	1.21%
ICFI	ICF International, Inc. Industrials	Added	480,937	+40,308	$42,255,124	+9.7%	1.21%
MTG	Mgic Investment Corp Financial Services	Added	3,095,483	+257,407	$42,098,568	+7.1%	1.20%
CSGS	Csg Systems International Inc Technology	Added	876,678	+72,092	$41,361,668	+14.5%	1.18%
TDS	Telephone & Data Systems Inc /De/ Communication Services	NEW	1,811,187	NEW	$41,041,497	NEW	1.17%
CALM	Cal-Maine Foods Inc Consumer Defensive	Added	1,133,402	+419,480	$41,040,486	+49.6%	1.17%
WERN	Werner Enterprises Inc Industrials	Added	914,945	+73,925	$40,733,351	+2.7%	1.16%
AIN	Albany International Corp /De/ Consumer Cyclical	Added	453,548	+36,935	$40,483,694	+16.4%	1.16%
ENSG	Ensign Group, Inc Healthcare	Reduced	463,720	-133,063	$40,190,612	−28.2%	1.15%
KN	Knowles Corp Technology	Added	2,030,179	+171,422	$40,075,733	+3.1%	1.14%