Hodges Capital Management portfolio

What changed this quarter

201 positions with a change (33 new, 57 added to, 93 trimmed, 18 sold); also, 1 entered through an IPO, 1 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Micron Technology−27%fewer sharesReduced
  1.8% → 3.5%
• AAR+1.3 ppof portfolioNew
  — → 1.3%
• Vishay Precision Group+1.1 ppof portfolioNew
  — → 1.1%
• Taylor Morrison Home−0.8 ppof portfolioSold out
  1.0% → —
• SailPoint+0.7 ppof portfolioNew
  — → 0.7%
• Twilio+158%more sharesIncreased
  0.3% → 1.1%
• Ceco Environmental+0.7 ppof portfolioNew
  — → 0.7%
• DigitalOcean Holdings−50%fewer sharesReduced
  0.9% → 0.6%
• MaxLinear−76%fewer sharesReduced
  0.8% → 1.1%
• Avnet+0.6 ppof portfolioNew
  — → 0.6%
• RH−91%fewer sharesReduced
  0.8% → 0.1%
• Amazon.com+51%more sharesIncreased
  1.2% → 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

• TerawulfWULF3.7%
• Micron TechnologyMU3.5%
• Texas Pacific LandTPL2.9%
• NVIDIANVDA2.8%
• SharkninjaSN2.8%
• Eagle MaterialsEXP2.2%
• Applied MaterialsAMAT2.1%
• GEO GroupGEO1.9%
• Freeport-McMoRanFCX1.9%
• Powell IndustriesPOWL1.8%
• BANC of CaliforniaBANC1.8%
• Matador ResourcesMTDR1.8%
• Amazon.comAMZN1.7%
• UBER TechnologiesUBER1.7%
• Viking HoldingsVIK1.6%
• First Watch Restaurant GroupFWRG1.4%
• AARAIR1.3%
• Taiwan Semiconductor ManufacturingTSM1.2%
• Carpenter TechnologyCRS1.2%
• AlphabetGOOG · GOOGL1.2%
• DraftkingsDKNG1.2%
• MaxLinearMXL1.1%
• TwilioTWLO1.1%
• Clear SecureYOU1.1%
• AppleAAPL1.1%
• Commercial MetalsCMC1.1%
• Vishay Precision GroupVPG1.1%
• Academy Sports and OutdoorsASO1.0%
• On HoldingONON1.0%
• Cleveland-cliffsCLF1.0%
• Texas Capital BancsharesTCBI0.9%
• BoeingBA0.9%
• BroadcomAVGO0.9%
• Eli LillyLLY0.9%
• Expand EnergyEXE0.8%
• CaterpillarCAT0.8%
• Triumph FinancialTFIN0.8%
• Home DepotHD0.8%
• WalmartWMT0.8%
• IPG PhotonicsIPGP0.8%
• Bank OZK Little Rock ARKOZK0.8%
• GATXGATX0.8%
• Tower SemiconductorTSEM0.8%
• Hanover Insurance GroupTHG0.7%
• JPMorgan ChaseJPM0.7%
• MicrosoftMSFT0.7%
• ArcosaACA0.7%
• SailPointSAIL0.7%
• KnowlesKN0.7%
• American Airlines GroupAAL0.7%
• Halozyme TherapeuticsHALO0.7%
• Navigator HoldingsNVGS0.7%
• Palantir TechnologiesPLTR0.7%
• CECO EnvironmentalCECO0.7%
• TeslaTSLA0.6%
• OneokOKE0.6%
• SemtechSMTC0.6%
• DigitalOcean HoldingsDOCN0.6%
• CitigroupC0.6%
• Cinemark HoldingsCNK0.6%
• AvnetAVT0.6%
• Southwest AirlinesLUV0.6%
• AGCOAGCO0.6%
• Goldman Sachs GroupGS0.6%
• FedExFDX0.5%
• Ryman Hospitality PropertiesRHP0.5%
• Rivian AutomotiveRIVN0.5%
• Ligand PharmaceuticalsLGND0.5%
• MasTecMTZ0.5%
• Garrett MotionGTX0.5%
• Exxon MobilXOM0.5%
• KirbyKEX0.4%
• Green Brick PartnersGRBK0.4%
• Owens CorningOC0.4%
• Alkami TechnologyALKT0.4%
• Tutor PeriniTPC0.4%
• Johnson & JohnsonJNJ0.4%
• Stitch FIXSFIX0.4%
• Union PacificUNP0.4%
• Gildan ActivewearGIL0.4%
• Meta PlatformsMETA0.4%
• e.l.f. BeautyELF0.4%
• BBB FoodsTBBB0.4%
• Kimberly ClarkKMB0.3%
• Kontoor BrandsKTB0.3%
• AbbVieABBV0.3%
• Primoris ServicesPRIM0.3%
• American ExpressAXP0.3%
• Texas RoadhouseTXRH0.3%
• EnerSysENS0.3%
• Haverty Furniture CompaniesHVT0.3%
• Ethan Allen InteriorsETD0.3%
• Marvell TechnologyMRVL0.3%
• Patrick IndustriesPATK0.3%
• Steven MaddenSHOO0.3%
• MatsonMATX0.3%
• YETI HoldingsYETI0.3%
• PriceSmartPSMT0.3%
• Bridgewater BancsharesBWB0.3%