ADVISORY RESEARCH INC

CIK

902584

Location

CHICAGO, IL

Portfolio Value

Small $951,492,981

Diversification

Diversified

Reports for

North Square Investments, LLC

Filing Date

Global Rank

#2,005 / 8,700 ▲ 627

Top Industry

Packaging & Containers 12.7%

Period ended 2 months ago

Filed Aug 13, 2026 · 30d

26 quarters · since Mar 2020

Clone Performance

Jul 2026–Sep 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+1.1%

SPY

+3.4%

Annualised alpha

—

Max drawdown

−4.7%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Returns are unavailable when a held security or benchmark crosses a captured split without a certified price basis; the requested window is not shortened to hide it. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

119 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

6.9%

+1.9 pts

Top 5

27.6%

+7.2 pts

Top 10

43.6%

+9.3 pts

HHI

285

Diversified+68

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	31.8%	$303,024,158	20
Technology	20.3%	$193,168,191	23
Industrials	12.1%	$114,774,742	16
Financial Services	9.4%	$89,876,155	21
Consumer Defensive	7.5%	$71,498,155	6
Communication Services	5.7%	$53,934,343	4
Healthcare	4.5%	$43,084,362	12
Energy	3.1%	$29,868,064	5
Utilities	2.6%	$24,474,054	4
Real Estate	1.4%	$12,909,840	1
Basic Materials	1.0%	$9,924,606	4
Unclassified	0.5%	$4,956,311	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
MYE	Myers Industries Inc	+332,157	1,857,873	$65,601,495
OPLN	OPENLANE, Inc.	+251,945	1,533,557	$63,243,890
LTM	Latam Airlines Group S.A.	+175,499	274,022	$15,967,261
TRS	Trimas Corp	+91,901	1,211,587	$54,557,761
BOW	Bowhead Specialty Holdings Inc.	+63,048	96,768	$2,896,265
JBTM	JBT MAREL Corp	+49,122	189,869	$27,531,005
KDP	Keurig Dr Pepper Inc.	+28,474	867,771	$28,402,144
MTG	Mgic Investment Corp	+22,629	816,952	$23,038,046
NPK	National Presto Industries Inc	+14,130	161,764	$20,218,882
CMCSA	Comcast Corp	+13,126	376,554	$9,244,400
GSK	GSK plc	+11,382	215,664	$11,305,106
BTI	British American Tobacco p.l.c.	+9,222	139,453	$8,612,617
MPTI	M-tron Industries, Inc.	+8,468	59,011	$5,850,940
LAMR	Lamar Advertising Co/New	+7,125	82,766	$12,909,840
AEP	American Electric Power Co Inc	+5,761	146,846	$20,090,001
KB	KB Financial Group Inc.	+4,994	135,607	$14,233,310
ABT	Abbott Laboratories	+3,510	14,573	$1,322,354
TPR	Tapestry, Inc.	+3,288	127,464	$18,658,180
CDW	CDW Corp	+3,045	14,771	$2,077,393
ABBV	AbbVie Inc.	+3,013	76,085	$19,146,029
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+2,668	84,453	$40,332,219
PM	Philip Morris International Inc.	+2,570	122,120	$22,092,729
CME	Cme Group Inc.	+2,456	67,088	$14,815,043
AVGO	Broadcom Inc.	+1,808	65,495	$24,740,736
ACN	Accenture plc	+1,797	14,255	$1,773,892
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ACVA	ACV Auctions Inc.	−516,670	2,511,972	$18,061,078
CUE	Cue Biopharma, Inc.	−248,652	8,573	$270,563
APA	APA Corp	−111,932	261,415	$8,514,286
MTDR	Matador Resources Co	−57,806	187,674	$9,342,411
—		−18,994	11,974	$915,053
HLLY	Holley Inc.	−10,740	315,821	$805,343
ESI	Element Solutions Inc	−8,040	33,577	$1,603,301
PRSU	Pursuit Attractions & Hospitality, Inc.	−7,580	657,648	$36,808,558
ALKT	Alkami Technology, Inc.	−5,080	155,711	$2,821,482
LEGH	Legacy Housing Corp	−5,033	920,286	$24,175,912
FLYW	Flywire Corp	−3,519	104,995	$1,844,761
VVV	Valvoline Inc	−2,920	90,637	$3,583,786
ACA	Arcosa, Inc.	−2,528	28,846	$4,191,034
FRME	First Merchants Corp	−2,319	65,315	$2,853,612
JEF	Jefferies Financial Group Inc.	−1,870	58,168	$2,907,236
HQY	Healthequity, Inc.	−1,783	35,026	$3,163,547
BELFA	Bel Fuse Inc /Nj	−1,468	117,896	$39,264,082
ABG	Asbury Automotive Group Inc	−1,346	10,149	$2,040,760
PFGC	Performance Food Group Co	−1,203	52,549	$5,874,452
TEX	Terex Corp	−1,111	33,912	$2,454,889
SYBT	Stock Yards Bancorp, Inc.	−894	18,582	$1,420,965
CALM	Cal-Maine Foods Inc	−771	44,612	$3,593,941
NIC	Nicolet Bankshares Inc	−729	35,434	$5,860,428
SSB	SouthState Bank Corp	−641	46,447	$4,640,054
TNC	Tennant Co	−631	19,779	$1,731,453
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
MFP	Midera Food Processing, Inc.	110,714	$4,428,560
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
AAXJ	iShares MSCI All Country Asia ex Japan ETF	216,925	$17,220,102
BNDW	Vanguard Total World Bond ETF	167,078	$11,977,713
BIV	Vanguard Intermediate-Term Bond ETF	92,575	$4,863,021
ABI	VictoryShares Pioneer Asset-Based Income ETF	16,405	$3,148,447
VB	Vanguard Morningstar Small-Cap ETF	8,911	$2,713,867
PHIN	Phinia Inc.	37,203	$2,546,172
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	13,145	$1,718,417
CPRT	Copart Inc	27,788	$922,561
—		2,231	$118,254
—		1,867,195	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

119 tracked positions · $951,492,981 total · filing declares 166 positions · $1,002,401,267 · as of Jun 30, 2026

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

Showing 1–50 of 119 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MYE	Myers Industries Inc Consumer Cyclical	Added	1,857,873	+332,157	$65,601,495	+103.0%	6.89%
OPLN	OPENLANE, Inc. Consumer Cyclical	Added	1,533,557	+251,945	$63,243,890	+69.3%	6.65%
TRS	Trimas Corp Consumer Cyclical	Added	1,211,587	+91,901	$54,557,761	+35.6%	5.73%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	84,453	+2,668	$40,332,219	+45.9%	4.24%
BELFA	Bel Fuse Inc /Nj Technology	Reduced	117,896	-1,468	$39,264,082	+66.2%	4.13%
PRSU	Pursuit Attractions & Hospitality, Inc. Consumer Cyclical	Reduced	657,648	-7,580	$36,808,558	+51.1%	3.87%
GOOGL	Alphabet Inc. Communication Services	Added	94,824	+1,563	$33,887,252	+26.4%	3.56%
KDP	Keurig Dr Pepper Inc. Consumer Defensive	Added	867,771	+28,474	$28,402,144	+28.5%	2.99%
JBTM	JBT MAREL Corp Industrials	Added	189,869	+49,122	$27,531,005	+53.0%	2.89%
DJCO	Daily Journal Corp Technology	Reduced	41,510	-363	$24,955,396	+23.6%	2.62%
AVGO	Broadcom Inc. Technology	Added	65,495	+1,808	$24,740,736	+25.5%	2.60%
LEGH	Legacy Housing Corp Consumer Cyclical	Reduced	920,286	-5,033	$24,175,912	+27.9%	2.54%
MTG	Mgic Investment Corp Financial Services	Added	816,952	+22,629	$23,038,046	+10.5%	2.42%
PM	Philip Morris International Inc. Consumer Defensive	Added	122,120	+2,570	$22,092,729	+11.8%	2.32%
NPK	National Presto Industries Inc Industrials	Added	161,764	+14,130	$20,218,882	−0.1%	2.12%
AEP	American Electric Power Co Inc Utilities	Added	146,846	+5,761	$20,090,001	+8.6%	2.11%
ABBV	AbbVie Inc. Healthcare	Added	76,085	+3,013	$19,146,029	+20.5%	2.01%
TPR	Tapestry, Inc. Consumer Cyclical	Added	127,464	+3,288	$18,658,180	+6.5%	1.96%
ACVA	ACV Auctions Inc. Consumer Cyclical	Reduced	2,511,972	-516,670	$18,061,078	+40.6%	1.90%
MSFT	Microsoft Corp Technology	Added	43,670	+933	$16,289,783	+3.0%	1.71%
LTM	Latam Airlines Group S.A. Industrials	Added	274,022	+175,499	$15,967,261	+227.8%	1.68%
CME	Cme Group Inc. Financial Services	Added	67,088	+2,456	$14,815,043	−22.4%	1.56%
KB	KB Financial Group Inc. Financial Services	Added	135,607	+4,994	$14,233,310	+9.3%	1.50%
LAMR	Lamar Advertising Co/New Real Estate	Added	82,766	+7,125	$12,909,840	+34.7%	1.36%
HUBB	Hubbell Inc Industrials	Added	24,441	+662	$12,787,531	+9.6%	1.34%
GSK	GSK plc Healthcare	Added	215,664	+11,382	$11,305,106	+0.3%	1.19%
MPC	Marathon Petroleum Corp Energy	Added	40,268	+1,281	$10,295,319	+8.1%	1.08%
META	Meta Platforms, Inc. Communication Services	Added	18,191	+630	$10,246,808	+2.0%	1.08%
MTDR	Matador Resources Co Energy	Reduced	187,674	-57,806	$9,342,411	−39.8%	0.98%
CMCSA	Comcast Corp Communication Services	Added	376,554	+13,126	$9,244,400	−11.4%	0.97%
BTI	British American Tobacco p.l.c. Consumer Defensive	Added	139,453	+9,222	$8,612,617	+13.1%	0.91%
LRCX	Lam Research Corp Technology	Reduced	19,824	-127	$8,590,333	+101.5%	0.90%
APA	APA Corp Energy	Reduced	261,415	-111,932	$8,514,286	−46.3%	0.89%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Added	33,184	+1,318	$7,875,558	+6.0%	0.83%
INTU	Intuit Inc. Technology	Added	28,443	+1,196	$7,423,623	−37.0%	0.78%
PFGC	Performance Food Group Co Consumer Defensive	Reduced	52,549	-1,203	$5,874,452	+27.6%	0.62%
NIC	Nicolet Bankshares Inc Financial Services	Reduced	35,434	-729	$5,860,428	+9.0%	0.62%
MPTI	M-tron Industries, Inc. Technology	Added	59,011	+8,468	$5,850,940	+73.2%	0.61%
DAC	Danaos Corp Industrials	Added	47,412	+5	$5,801,806	+8.6%	0.61%
STLD	Steel Dynamics Inc Basic Materials	Reduced	20,934	-78	$4,803,515	+27.0%	0.50%
SSB	SouthState Bank Corp Financial Services	Reduced	46,447	-641	$4,640,054	+6.5%	0.49%
MFP	Midera Food Processing, Inc. Industrials	NEW	110,714	NEW	$4,428,560	NEW	0.47%
ACA	Arcosa, Inc. Industrials	Reduced	28,846	-2,528	$4,191,034	+25.9%	0.44%
ACMR	ACM Research, Inc. Technology	Added	28,732	+433	$3,645,803	+227.4%	0.38%
CALM	Cal-Maine Foods Inc Consumer Defensive	Reduced	44,612	-771	$3,593,941	+0.1%	0.38%
VVV	Valvoline Inc Consumer Cyclical	Reduced	90,637	-2,920	$3,583,786	+13.7%	0.38%
AMGN	Amgen Inc Healthcare	Reduced	8,800	-22	$3,186,656	+2.7%	0.33%
NTAP	NetApp, Inc. Technology	Reduced	20,588	-149	$3,186,198	+50.1%	0.33%
HQY	Healthequity, Inc. Healthcare	Reduced	35,026	-1,783	$3,163,547	+2.8%	0.33%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	8,950	-124	$3,156,486	+5.8%	0.33%

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.