PF

Phocas Financial Corp.

Diversified strategyContrarianQuality / disciplined sizing

Total reported value

$636.9M

Reporting period: 2026-03-31 · Number of holdings: 155

Phocas Financial Corp. disclosed 155 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $636.9M and a quarterly turnover rate of 44.9%.

Personality snowflake

Concentration
3.92
Portfolio Stability
44.88
Momentum/Contrarian
0
Sector conviction
40.86
Diversification
100
Sizing Uniformity
92.76

Recent moves

  • Trim NXST

    -62.8%　-$10.3M

  • Add NGS

    +271.9%　$4.7M

  • Trim CVSA

    -57.5%　-$6.9M

  • Trim HL

    -54.2%　-$6.7M

  • Add AVNT

    +185.3%　$3.9M

  • Trim MKSI

    -65.2%　-$5.9M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1AMRXAmneal Pharmaceuticals INCStock-Other1.96%-0.14%-21.85%
2CASHPathward Financial INCStock-Other1.82%—-21.78%
3AIRAar CORPStock-Industrials1.74%—-21.73%
4WTFCWintrust Financial CORPStock-Financials1.72%-0.52%-35.89%
5SNEXStonex Group INCStock-Financials1.72%—-0.19%
6DCODucommun INCStock-Other1.72%—-21.85%
7ABCBAmeris BancorpStock-Financials1.67%-0.02%-21.75%
8COLBColumbia Banking System INCStock-Financials1.60%-0.13%-21.83%
9SKYWSkywest INCStock-Industrials1.57%-0.26%-21.97%
10WTMWhite Mountains Insurance Group, Ltd.Stock-Financials1.48%—-21.84%
11PFBCPreferred Bank/los AngelesStock-Other1.45%-0.15%-21.73%
12✓ National Energy Services ReuStock-Other1.40%—-22.00%
13TRNOTerreno Realty CORPStock-Real Estate1.36%—-21.97%
14BKHBlack Hills CORPStock-Utilities1.31%-0.08%-22.21%
15TCBITexas Capital Bancshares INCStock-Financials1.31%—-21.77%
16FRMEFirst Merchants CORPStock-Other1.29%—-21.83%
17FNBFnb CORPStock-Financials1.29%-0.10%-21.77%
18T86Tri Pointe Homes INCStock-Other1.21%—-21.73%
19CHRDChord Energy CORPStock-Energy1.20%—-25.81%
20SANMSanmina CORPStock-Tech1.18%-0.27%-22.04%
21RRyder System INCStock-Industrials1.13%—-21.85%
22CRSCarpenter TechnologyStock-Industrials1.12%—-21.98%
23MTRNMaterion CORPStock-Other1.10%—-22.00%
24TKRTimken CoStock-Industrials1.10%—-22.04%
25PRIMPrimoris Services CORPStock-Industrials1.09%—-22.05%
26OTTROtter Tail CORPStock-Industrials1.05%—-21.70%
27MTDRMatador Resources CoStock-Energy1.05%+1.05%NEW
28AMAntero Midstream CORPStock-Energy1.02%—-21.75%
29NFGNational Fuel Gas CoStock-Energy1.02%—-22.21%
30PTENPatterson-uti Energy INCStock-Energy1.01%+1.01%NEW
31ONBOld National BancorpStock-Financials1.00%—-21.78%
32IDAIdacorp INCStock-Utilities0.99%—-21.99%
33MGYMagnolia Oil & Gas CORP - AStock-Energy0.99%—-25.12%
34TDSTelephone And Data SystemsStock-Comm Services0.99%+0.99%NEW
35RHPRyman Hospitality PropertiesStock-Real Estate0.98%—-21.38%
36ALRSAlerus Financial CORPStock-Other0.97%—-21.97%
37CVSACovista INCStock-Consumer Staples0.97%-0.73%-57.48%
38NGSNatural Gas Services GroupStock-Other0.96%+0.77%+271.88%
39NPOEnpro INCStock-Industrials0.96%—-21.78%
40TXNMTxnm Energy INCStock-Utilities0.95%—-19.80%
41SAHSonic Automotive Inc-class AStock-Other0.94%—-21.85%
42AUBAtlantic Union Bankshares CoStock-Financials0.93%—+56.23%
43TEXTerex CORPStock-Industrials0.92%+0.92%NEW
44MKSIMks INCStock-Tech0.92%-0.60%-65.22%
45URBNUrban Outfitters INCStock-Consumer Disc0.91%—+40.11%
46FFINFirst Finl Bankshares INCStock-Financials0.90%—+66.17%
47KTBKontoor Brands INCStock-Consumer Disc0.90%—-21.94%
48ABBVAbbvie INCStock-Healthcare0.90%——
49EFSCEnterprise Financial ServiceStock-Other0.89%—-21.83%
50OPCHOption Care Health INCStock-Healthcare0.88%—+59.93%
1–50 of 155

Holding changes this quarter

Phocas Financial Corp.'s most significant position changes for 2026-03-31: Sold out: Ttm Technologies (TTMI); Sold out: Onemain Holdings INC (OMF); Sold out: Rev Group INC (1RG); Sold out: Agree Realty CORP (ADC); New buy: Matador Resources Co (MTDR).

Position changes disclosed by Phocas Financial Corp. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1NGSNatural Gas Services Group+0.8%+271.88%Add
2AVNTAvient CORP+0.7%+185.26%Add
3KNKnowles CORP+0.4%+213.59%Add
4ABCBAmeris Bancorp0%-21.75%Trim
5BKHBlack Hills CORP-0.1%-22.21%Trim
6FNBFnb CORP-0.1%-21.77%Trim
7COLBColumbia Banking System INC-0.1%-21.83%Trim
8AMRXAmneal Pharmaceuticals INC-0.1%-21.85%Trim
9PFBCPreferred Bank/los Angeles-0.2%-21.73%Trim
10CSRCenterspace-0.2%-21.41%Trim
11RALRalliant CORP-0.2%-22.01%Trim
12SKYWSkywest INC-0.3%-21.97%Trim
13SANMSanmina CORP-0.3%-22.04%Trim
14QDELQuidelortho CORP-0.3%-21.84%Trim
15CLFCleveland-cliffs INC-0.3%-21.99%Trim
16HRIHerc Holdings INC-0.4%-22.04%Trim
17ANGOAngiodynamics INC-0.5%-49.17%Trim
18WTFCWintrust Financial CORP-0.5%-35.89%Trim
19MKSIMks INC-0.6%-65.22%Trim
20HLHecla Mining Co-0.7%-54.22%Trim
21CVSACovista INC-0.7%-57.48%Trim
22NXSTNexstar Media Group INC-1.2%-62.78%Trim
23TTMITtm Technologies—EXITSold out
24OMFOnemain Holdings INC—EXITSold out
251RGRev Group INC—EXITSold out
26ADCAgree Realty CORP—EXITSold out
27MTDRMatador Resources Co—NEWNew buy
28PTENPatterson-uti Energy INC—NEWNew buy
29VRRMVerra Mobility CORP—EXITSold out
30TDSTelephone And Data Systems—NEWNew buy
31TEXTerex CORP—NEWNew buy
32PRMPerimeter Solutions INC—EXITSold out
33RRCRange Resources CORP—EXITSold out
34CCBCoastal Financial Corp/wa—EXITSold out
35KDKyndryl Holdings INC—EXITSold out
36LFUSLittelfuse INC—NEWNew buy
37PLABPhotronics INC—NEWNew buy
38ESIElement Solutions INC—NEWNew buy
39THSTreehouse Foods INC—EXITSold out
40UNFIUnited Natural Foods INC—NEWNew buy
41MDXGMimedx Group INC—EXITSold out
42CALYCallaway Golf Company—NEWNew buy
43BNLBroadstone Net Lease INC—NEWNew buy
44BHEBenchmark Electronics INC—NEWNew buy
45VSHVishay Intertechnology INC—NEWNew buy
46FLGFlagstar Bank NA—NEWNew buy
47FIBKFirst Interstate Bancsys-a—NEWNew buy
48VCVisteon CORP—NEWNew buy
49ROCKGibraltar Industries INC—EXITSold out
50CRNXCrinetics Pharmaceuticals In—EXITSold out

FAQ

What is Phocas Financial Corp. and what type of investor is it?
Phocas Financial Corp. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $636.9M, spread across 155 disclosed positions.
What are Phocas Financial Corp.'s largest equity positions?
Based on the latest 13F filing, Phocas Financial Corp.'s top holdings by market value are: 1. Amneal Pharmaceuticals INC (AMRX) — $12.5M (2.0%) 2. Pathward Financial INC (CASH) — $11.6M (1.8%) 3. Aar CORP (AIR) — $11.1M (1.7%) 4. Wintrust Financial CORP (WTFC) — $11.0M (1.7%) 5. Stonex Group INC (SNEX) — $11.0M (1.7%)
What changes did Phocas Financial Corp. make in its most recent portfolio filing?
In the latest reported quarter, Phocas Financial Corp. made 50 notable position adjustments: 15 new positions were initiated, 3 existing holdings were added to, 19 positions were partially reduced, and 13 were completely exited. The largest of these moves: Sold out: Ttm Technologies (TTMI); Sold out: Onemain Holdings INC (OMF); Sold out: Rev Group INC (1RG); Sold out: Agree Realty CORP (ADC); New buy: Matador Resources Co (MTDR)
What sectors does Phocas Financial Corp. focus on?
Phocas Financial Corp. is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 24.6% • Industrials: 18.5% • Energy: 10.7% • Information Technology: 9.2% • Real Estate: 8.7% • Utilities: 6.4%