Polaris Capital Management, LLC Q4 2025 Filing

Filed January 29, 2026

Portfolio Value

$1.2B

Holdings

89

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (89 positions)

#StockSharesValue% PortfolioType
1
BPOPPOPULAR INC
682,330$85.0M7.05%
2
JAZZJAZZ PHARMACEUTICALS PLC
432,466$73.5M6.10%
3
LINLINDE PLC
133,883$57.1M4.74%
4
SWSMURFIT WESTROCK PLC
1,447,650$56.0M4.64%
5
UTHUNITED THERAPEUTICS CORP
103,650$50.5M4.19%
6
MKSIMKS INC
265,100$42.4M3.51%
7
CVSCVS HEALTH CORP
525,300$41.7M3.46%
8
JPMJPMORGAN CHASE & CO
117,255$37.8M3.13%
9
LNTHLANTHEUS HOLDINGS INC
538,000$35.8M2.97%
10
SLMSLM CORP
1,245,600$33.7M2.80%
11
ARWARROW ELECTRONICS INC
295,403$32.5M2.70%
12
GILDGILEAD SCIENCES INC
265,100$32.5M2.70%
13
WBSWEBSTER FINANCIAL CORP - CT
516,201$32.5M2.69%
14
IBOCINTERNATIONAL BANCSHARES CORP
477,304$31.7M2.63%
15
GDGENERAL DYNAMICS CORP.
89,454$30.1M2.50%
16
NOMDNOMAD FOODS LTD
2,329,600$29.1M2.42%
17
CBCHUBB LTD
91,125$28.4M2.36%
18
COFCAPITAL ONE FINANCIAL CORP
115,044$27.9M2.31%
19
TSNTYSON FOODS INC-CL A
472,248$27.7M2.30%
20
ABBVABBVIE INC
119,777$27.4M2.27%
21
CFRCULLEN/FROST BANKERS INC
214,500$27.2M2.25%
22
MPCMARATHON PETROLEUM CORP
163,932$26.7M2.21%
23
ALSNALLISON TRANSMISSION HOLDING
268,600$26.3M2.18%
24
ELVELEVANCE HEALTH INC
73,941$25.9M2.15%
25
MTBM & T BANK CORP
125,994$25.4M2.11%
26
S7VSALLY BEAUTY HOLDINGS INC
1,747,829$24.9M2.07%
27
NEENEXTERA ENERGY INC
309,276$24.8M2.06%
28
WMBWILLIAMS COS INC
411,500$24.7M2.05%
29
INGRINGREDION INC
221,700$24.4M2.03%
30
GLPIGAMING AND LEISURE PROPERTIE
505,300$22.6M1.87%
31
LKQ1LKQ CORP
707,500$21.4M1.77%
32
UNHUNITEDHEALTH GROUP INC
44,712$14.8M1.22%
33
NBNNORTHEAST BANK
47,500$4.9M0.41%
34
SPFISOUTH PLAINS FINANCIAL INC
121,000$4.7M0.39%
35
HTBHOMETRUST BANCSHARES INC
105,000$4.5M0.37%
36
OFGOFG BANCORP
108,000$4.4M0.37%
37
CHCOCITY HOLDING CO
20,795$2.5M0.21%
38
SSBUSDSOUTH STATE CORP
25,761$2.4M0.20%
39
LAURLAUREATE EDUCATION INC
71,800$2.4M0.20%
40
INDBINDEPENDENT BANK CORP/MA
32,439$2.4M0.20%
41
BKHBLACK HILLS CORP
33,700$2.3M0.19%
42
PLUSEPLUS INC
26,100$2.3M0.19%
43
NTBBANK OF N.T. BUTTERFIELD&SON
45,600$2.3M0.19%
44
IMKTAINGLES MARKETS INC-CLASS A
32,283$2.2M0.18%
45
BHBBAR HARBOR BANKSHARES
70,000$2.2M0.18%
46
BFSTBUSINESS FIRST BANCSHARES
82,400$2.2M0.18%
47
BOKFBOK FINANCIAL CORPORATION
18,164$2.2M0.18%
48
PECOPHILLIPS EDISON & COMPANY IN
59,600$2.1M0.18%
49
CBKCOMMERCIAL BANCGROUP INC
83,500$2.0M0.17%
50
NTSTNETSTREIT CORP
116,000$2.0M0.17%
51
PEBOPEOPLES BANCORP INC
64,700$1.9M0.16%
52
SBCSABRA HEALTH CARE REIT INC
101,400$1.9M0.16%
53
EBFENNIS INC
105,100$1.9M0.16%
54
SBSISOUTHSIDE BANCSHARES INC
62,227$1.9M0.16%
55
EVTCEVERTEC INC
64,700$1.9M0.16%
56
VVXV2X INC
33,800$1.8M0.15%
57
ANFABERCROMBIE & FITCH CO-CL A
14,400$1.8M0.15%
58
EPRTESSENTIAL PROPERTIES REALTY
60,700$1.8M0.15%
59
AITAPPLIED INDUSTRIAL TECH INC
7,000$1.8M0.15%
60
PRDOPERDOCEO EDUCATION CORP
60,600$1.8M0.15%
61
AVTAVNET INC
35,600$1.7M0.14%
62
FL9CVR ENERGY INC
67,000$1.7M0.14%
63
AYIACUITY BRANDS INC
4,700$1.7M0.14%
64
FANGDIAMONDBACK ENERGY INC
10,670$1.6M0.13%
65
CBTCABOT CORP
23,773$1.6M0.13%
66
AEOAMERICAN EAGLE OUTFITTERS
54,900$1.4M0.12%
67
EXPEAGLE MATERIALS INC
7,000$1.4M0.12%
68
DNOWDNOW INC
107,800$1.4M0.12%
69
BBSIBARRETT BUSINESS SVCS INC
38,800$1.4M0.12%
70
PRGSPROGRESS SOFTWARE CORP
31,600$1.4M0.11%
71
HRMYHARMONY BIOSCIENCES HOLDINGS
36,100$1.4M0.11%
72
BKEBUCKLE INC/THE
25,000$1.3M0.11%
73
SUPNSUPERNUS PHARMACEUTICALS INC
25,800$1.3M0.11%
74
WNCWABASH NATIONAL CORP
144,670$1.3M0.10%
75
CVLGCOVENANT LOGISTICS GROUP INC
56,682$1.2M0.10%
76
WGOWINNEBAGO INDUSTRIES
30,067$1.2M0.10%
77
FSEAFIRST SEACOAST BANCORP INC
90,537$1.2M0.10%
78
EX9EXELIXIS INC
26,300$1.2M0.10%
79
CSLCARLISLE COS INC
3,512$1.1M0.09%
80
AMPHAMPHASTAR PHARMACEUTICALS IN
35,532$951K0.08%
81
MMSMAXIMUS INC
10,900$940K0.08%
82
GPKGRAPHIC PACKAGING HOLDING CO
58,700$884K0.07%
83
NMIHNMI HOLDINGS INC
20,400$832K0.07%
84
EEFTEURONET WORLDWIDE INC
10,800$821K0.07%
85
BAPCREDICORP LTD
2,700$774K0.06%
86
BSFAANI PHARMACEUTICALS INC
9,700$765K0.06%
87
ROFKFORCE INC
22,894$707K0.06%
88
AVBCAVIDIA BANCORP INC
40,000$672K0.06%
89
PDDPDD HOLDINGS INC
5,700$646K0.05%