ANCHOR CAPITAL MANAGEMENT COMPANY, LLC

Fundamental concentrated ★Highest signal industrials specialist (69%) CIK 2009885
Long book
$92.7M
Q1 2026
Positions
7
Top-10 weight
100%
concentration
Last quarter
+16.6%
SPY +14.8%
Turnover
25%
of book per quarter

Strategy in plain words

auto-generated from filings

ANCHOR CAPITAL MANAGEMENT COMPANY, LLC is a concentrated fundamental stock-picker, specialised in industrials (69% of the long book), running a $92.7M US long book across 7 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: HILLMAN SOLUTIONS CORP, MCGRATH RENTCORP, LINDBLAD EXPEDITIONS HOLDING, STANDEX INTERNATIONAL CORP, VITAL FARMS INC.

Over the last 9 quarters its long book ran on average 2pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-2.3%
Q2 2024
+13.8%
Q3 2024
-0.7%
Q4 2024
-11.7%
Q1 2025
+11.8%
Q2 2025
-1.0%
Q3 2025
-2.4%
Q4 2025
-1.6%
Q1 2026
+16.6%

Sector allocation

Industrials
69%
Services media
22%
Consumer staples
9%

Long book by quarter

$83.1M
Q1 2024
$94.3M
Q2 2024
$107.4M
Q3 2024
$115.7M
Q4 2024
$100.0M
Q1 2025
$120.7M
Q2 2025
$116.2M
Q3 2025
$112.7M
Q4 2025
$92.7M
Q1 2026

What does ANCHOR CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
HLMN HILLMAN SOLUTIONS CORPIndustrials2.5M$21.1M22.8%+33.1%
MGRC MCGRATH RENTCORPServices media185.2K$20.4M22.0%+27.9%
LIND LINDBLAD EXPEDITIONS HOLDINGIndustrials982.3K$17.0M18.3%-48.6%
SXI STANDEX INTERNATIONAL CORPIndustrials56.2K$14.3M15.5%-26.4%
VITL VITAL FARMS INCConsumer staples620.8K$8.8M9.5%+22.4%
JBI JANUS INTERNATIONAL GROUP INIndustrials1.2M$6.2M6.7%Held
KN KNOWLES CORPIndustrials189.8K$4.9M5.3%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20267$92.7M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20267$112.7M canonicalSEC ↗
Q3 202513F-HRNov 14, 20258$116.2M canonicalSEC ↗
Q2 202513F-HRAug 14, 20259$120.7M canonicalSEC ↗
Q1 202513F-HRMay 15, 202510$100.0M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20258$115.7M canonicalSEC ↗
Q3 202413F-HRNov 14, 20248$107.4M canonicalSEC ↗
Q2 202413F-HRAug 14, 20248$94.3M canonicalSEC ↗
Q1 202413F-HRApr 29, 20249$83.1M canonicalSEC ↗