Reinhart Partners portfolio

What changed this quarter

67 positions with a change (4 new, 12 added to, 47 trimmed, 4 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Installed Building Products+2.0 ppof portfolioNew
  — → 2.1%
• Modine Manufacturing+76%more sharesIncreased
  3.4% → 4.5%
• AdaptHealth−1.8 ppof portfolioSold out
  1.8% → —
• Centuri Holdings+1.8 ppof portfolioNew
  — → 1.9%
• ACI Worldwide−42%fewer sharesReduced
  2.8% → 1.7%
• CCC Intelligent Solutions Holdings+1.0 ppof portfolioNew
  — → 1.0%
• Paycom Software−16%fewer sharesReduced
  3.5% → 5.4%
• Lantheus Holdings−24%fewer sharesReduced
  4.1% → 2.9%
• Hayward Holdings+0.9 ppof portfolioNew
  — → 0.9%
• Grand Canyon Education+23%more sharesIncreased
  2.9% → 4.0%
• YETI Holdings+19%more sharesIncreased
  3.7% → 3.9%
• Landstar System−25%fewer sharesReduced
  2.7% → 1.7%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Silicon Motion TechnologySIMO6.3%
• Paycom SoftwarePAYC5.4%
• Modine ManufacturingMOD4.5%
• First Citizens BancsharesFCNCA4.1%
• Grand Canyon EducationLOPE4.0%
• YETI HoldingsYETI3.9%
• Skyward Specialty Insurance GroupSKWD3.7%
• InsperityNSP3.7%
• InterdigitalIDCC3.6%
• Axcelis TechnologiesACLS3.4%
• Lantheus HoldingsLNTH2.9%
• FrontdoorFTDR2.7%
• Euronet WorldwideEEFT2.5%
• U-Haul HoldingUHAL/B2.5%
• MaximusMMS2.5%
• FormFactorFORM2.4%
• First American FinancialFAF2.3%
• White Mountains Insurance GroupWTM2.1%
• Installed Building ProductsIBP2.1%
• Dorman ProductsDORM2.1%
• V2xVVX2.0%
• Assured GuarantyAGO2.0%
• Madison Square Grdn Sprt CORMSGS1.9%
• OneSpaWorld HoldingsOSW1.9%
• Centuri HoldingsCTRI1.9%
• Wintrust FinancialWTFC1.8%
• Oceaneering InternationalOII1.8%
• Landstar SystemLSTR1.7%
• ACI WorldwideACIW1.7%
• Ryman Hospitality PropertiesRHP1.5%
• Hillman SolutionsHLMN1.5%
• Cadre HoldingsCDRE1.4%
• ICU MedicalICUI1.3%
• International BancsharesIBOC1.2%
• Independent BankINDB1.2%
• Americold Realty TrustCOLD1.2%
• Encompass HealthEHC1.2%
• First HawaiianFHB1.2%
• CCC Intelligent Solutions HoldingsCCC1.0%
• Hayward HoldingsHAYW0.9%
• Advanced Energy IndustriesAEIS0.2%
• Microchip TechnologyMCHP0.1%
• Affiliated Managers GroupAMG0.1%
• Keysight TechnologiesKEYS0.1%
• Camden Property TrustCPT0.1%
• Intercontinental ExchangeICE0.1%
• Sensata Technologies HoldingST0.1%
• TransUnionTRU0.1%
• Sprouts Farmers MarketSFM0.1%
• Ss&c Technologies HoldingsSSNC0.1%
• AcuityAYI0.1%
• Dollar GeneralDG0.1%
• LPL Financial HoldingsLPLA0.1%
• Rexford Industrial RealtyREXR0.1%
• Xcel EnergyXEL0.1%
• A. O. SmithAOS0.1%
• Coca-cola ConsolidatedCOKE0.1%
• DuolingoDUOL0.1%
• Eagle MaterialsEXP0.1%
• ProgressivePGR0.1%
• Fidelity National FinancialFNF0.1%
• American Financial GroupAFG0.1%
• Allison Transmission HoldingsALSN0.1%
• Baker HughesBKR0.1%
• M&t BankMTB0.1%
• Live Nation EntertainmentLYV0.1%
• Cognizant Technology SolutionsCTSH0.1%
• Marriott InternationalMAR0.1%
• CopartCPRTunder 0.1%
• iShares Core S&P 500 ETFIVVunder 0.1%
• Fidelity National Information ServicesFISunder 0.1%
• State Street SPDR P St C Corp ETFSPSBunder 0.1%