Channing Capital Management portfolio

What changed this quarter

115 positions with a change (11 new, 25 added to, 70 trimmed, 9 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Madison Square Garden Entertainment−1.8 ppof portfolioSold out
  1.8% → —
• ACI Worldwide+1.8 ppof portfolioNew
  — → 2.0%
• Louisiana-pacific−90%fewer sharesReduced
  2.1% → 0.2%
• Helmerich & Payne+8,157%more sharesIncreased
  under 0.1% → 1.3%
• Terex+329%more sharesIncreased
  0.4% → 1.5%
• California Resources−1.0 ppof portfolioSold out
  1.0% → —
• Patrick Industries+1.0 ppof portfolioNew
  — → 1.1%
• Diodes+0.9 ppof portfolioNew
  — → 1.1%
• Portland General Electric+0.9 ppof portfolioNew
  — → 1.0%
• OneSpaWorld Holdings−34%fewer sharesReduced
  2.0% → 1.2%
• Copt Defense Properties−25%fewer sharesReduced
  2.4% → 1.9%
• JBT Marel+39%more sharesIncreased
  1.8% → 2.1%

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

• MSA SafetyMSA2.7%
• Affiliated Managers GroupAMG2.4%
• McGRATH RENTCORPMGRC2.4%
• LittelfuseLFUS2.4%
• Crane NXTCXT2.4%
• Nexstar Media GroupNXST2.3%
• Axalta Coating SystemsAXTA2.3%
• Southwest Gas HoldingsSWX2.2%
• Herc HoldingsHRI2.2%
• CSW IndustrialsCSW2.2%
• Old National BancorpONB2.1%
• BeldenBDC2.1%
• Brink’sBCO2.1%
• OSI SystemsOSIS2.1%
• ParsonsPSN2.1%
• JBT MarelJBTM2.1%
• Gates IndustrialGTES2.1%
• Dorman ProductsDORM2.0%
• AvientAVNT2.0%
• ACI WorldwideACIW2.0%
• Glacier BancorpGBCI2.0%
• Hancock WhitneyHWC2.0%
• First American FinancialFAF2.0%
• Ameris BancorpABCB2.0%
• STAG IndustrialSTAG2.0%
• MoelisMC1.9%
• TimkenTKR1.9%
• Copt Defense PropertiesCDP1.9%
• Independent BankINDB1.9%
• HexcelHXL1.9%
• ValvolineVVV1.8%
• BrunswickBC1.8%
• TerexTEX1.5%
• RenasantRNST1.5%
• Atmus Filtration TechnologiesATMU1.5%
• Asbury Automotive GroupABG1.4%
• Helmerich & PayneHP1.3%
• Artisan Partners Asset ManagementAPAM1.3%
• Cushman & WakefieldCWK1.3%
• Boyd GamingBYD1.3%
• OneSpaWorld HoldingsOSW1.2%
• Patrick IndustriesPATK1.1%
• DiodesDIOD1.1%
• Portland General ElectricPOR1.0%
• Amazon.comAMZN0.8%
• Murphy OilMUR0.6%
• IntelINTC0.5%
• Hewlett Packard EnterpriseHPE0.5%
• HPHPQ0.5%
• AbbVieABBV0.4%
• Philip Morris InternationalPM0.4%
• AlphabetGOOG0.4%
• Abbott LaboratoriesABT0.4%
• State StreetSTT0.4%
• Wells FargoWFC0.3%
• UL SolutionsULS0.3%
• XylemXYL0.3%
• PaychexPAYX0.3%
• BoeingBA0.3%
• Texas InstrumentsTXN0.3%
• FTAI AviationFTAI0.3%
• Lowe'sLOW0.3%
• Kimberly ClarkKMB0.3%
• Bank of AmericaBAC0.3%
• Pinnacle Financial PartnersPNFP0.3%
• Brown & BrownBRO0.3%
• AramarkARMK0.3%
• Freeport-McMoRanFCX0.3%
• ITTITT0.3%
• Southstate BankSSB0.3%
• Gilead SciencesGILD0.3%
• CraneCR0.3%
• NetAppNTAP0.3%
• Lamb Weston HoldingsLW0.3%
• Labcorp HoldingsLH0.3%
• Columbia Banking SystemCOLB0.2%
• Permian ResourcesPR0.2%
• ATIATI0.2%
• Jones Lang LaSalleJLL0.2%
• Wintrust FinancialWTFC0.2%
• Advanced Drainage SystemsWMS0.2%
• EvercoreEVR0.2%
• Lithia MotorsLAD0.2%
• Regal RexnordRRX0.2%
• Pinnacle West CapitalPNW0.2%
• MKSMKSI0.2%
• HealthequityHQY0.2%
• Citizens Financial GroupCFG0.2%
• Stifel FinancialSF0.2%
• XPOXPO0.2%
• UMB FinancialUMBF0.2%
• Packaging Corp of AmericaPKG0.2%
• Louisiana-pacificLPX0.2%
• SaiaSAIA0.2%
• Eastgroup PropertiesEGP0.2%
• SPX TechnologiesSPXC0.2%
• LKQLKQ0.2%
• Norwegian Cruise Line HoldingsNCLH0.2%
• PNC Financial Services GroupPNC0.2%
• PaccarPCAR0.2%