CORBYN INVESTMENT MANAGEMENT INC/MD

Fundamental concentrated ★Highest signal CIK 919538
League rank
#543
in Fundamental concentrated · #2418 overall
Long book
$213.7M
Q1 2026
Positions
51
Top-10 weight
56%
concentration
Last quarter
+13.4%
SPY +14.8%
Turnover
9%
of book per quarter

Strategy in plain words

auto-generated from filings

CORBYN INVESTMENT MANAGEMENT INC/MD is a concentrated fundamental stock-picker, running a $213.7M US long book across 51 positions.

The portfolio is concentrated: the top 10 names carry 56% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: EMCOR GROUP INC, REPUBLIC SERVICES INC, MYR GROUP INC/DELAWARE, JOHNSON CONTROLS INTERNATION, ALPHABET INC-CL C.

Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 2 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
+5.5%
Q3 2024
+2.1%
Q4 2024
-2.7%
Q1 2025
+7.8%
Q2 2025
+5.7%
Q3 2025
+0.4%
Q4 2025
+6.7%
Q1 2026
+13.4%

Sector allocation

Industrials
32%
Technology
18%
Utilities
11%
Financials
10%
Consumer discretionary
5%
Healthcare
5%
Communications
4%
Consumer staples
3%

Long book by quarter

$225.6M
Q1 2024
$226.9M
Q2 2024
$226.1M
Q3 2024
$225.5M
Q4 2024
$214.3M
Q1 2025
$221.2M
Q2 2025
$220.0M
Q3 2025
$212.0M
Q4 2025
$213.7M
Q1 2026

What does CORBYN INVESTMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
EME EMCOR GROUP INCIndustrials26.5K$19.6M9.2%-13.0%
RSG REPUBLIC SERVICES INCUtilities86.1K$18.9M8.8%-0.2%
MYRG MYR GROUP INC/DELAWAREIndustrials60.8K$17.2M8.0%-12.0%
JCI JOHNSON CONTROLS INTERNATIONIndustrials92.0K$12.0M5.6%-1.1%
GOOG ALPHABET INC-CL CTechnology38.2K$11.0M5.1%-3.2%
KBR KBR INCIndustrials279.4K$10.3M4.8%+0.1%
WRB WR BERKLEY CORPFinancials128.1K$8.5M4.0%-0.2%
NXT NEXTPOWER INC-CL ATechnology68.6K$8.3M3.9%-16.0%
PRMB PRIMO BRANDS CORPConsumer staples390.5K$7.4M3.4%-0.3%
EOG EOG RESOURCES INCEnergy41.2K$6.0M2.8%-0.4%
Q QNITY ELECTRONICS INCTechnology41.6K$4.8M2.2%-0.4%
NEE NEXTERA ENERGY INCUtilities49.6K$4.6M2.2%-0.7%
FLEX FLEX LTDTechnology70.0K$4.6M2.1%-0.3%
TMUS T-MOBILE US INCCommunications20.9K$4.4M2.1%-0.3%
CB CHUBB LTDFinancials12.8K$4.2M2.0%-0.4%
AMZN AMAZON.COM INCConsumer discretionary20.0K$4.2M2.0%-0.6%
ZD ZIFF DAVIS INCCommunications92.3K$3.9M1.8%-1.0%
DD DUPONT DE NEMOURS INCMaterials83.3K$3.8M1.8%-0.3%
DOX AMDOCS LTDTechnology58.3K$3.8M1.8%+31.3%
V VISA INC-CLASS A SHARESServices media12.3K$3.7M1.7%-0.8%
FRST PRIMIS FINANCIAL CORPFinancials270.3K$3.6M1.7%-1.8%
EMR EMERSON ELECTRIC COIndustrials26.0K$3.4M1.6%-0.3%
MDT MEDTRONIC PLCHealthcare36.4K$3.2M1.5%-0.3%
ZBH ZIMMER BIOMET HOLDINGS INCHealthcare34.0K$3.1M1.4%+0.5%
CDRE CADRE HOLDINGS INCHealthcare99.1K$3.0M1.4%+102.3%
NVT NVENT ELECTRIC PLCIndustrials22.5K$2.7M1.2%-1.3%
SHBI SHORE BANCSHARES INCFinancials139.4K$2.6M1.2%-3.6%
LEVI LEVI STRAUSS & CO- CLASS AOther130.9K$2.4M1.1%-0.4%
USFD US FOODS HOLDING CORPConsumer discretionary24.6K$2.3M1.1%Held
MTX MINERALS TECHNOLOGIES INCMaterials30.4K$2.2M1.0%Held
WMS ADVANCED DRAINAGE SYSTEMS INOther15.3K$2.1M1.0%-1.0%
BLKB BLACKBAUD INCTechnology51.4K$2.0M0.9%+9.2%
WH WYNDHAM HOTELS & RESORTS INCServices media23.5K$1.9M0.9%0.0%
RUSHA RUSH ENTERPRISES INC-CL AConsumer discretionary26.3K$1.7M0.8%-0.9%
ABT ABBOTT LABORATORIESHealthcare16.1K$1.7M0.8%+56.2%
AKAM AKAMAI TECHNOLOGIES INCServices media13.6K$1.6M0.7%Held
WSFS WSFS FINANCIAL CORPFinancials20.8K$1.4M0.6%-36.1%
UPS UNITED PARCEL SERVICE-CL BIndustrials13.6K$1.3M0.6%-0.2%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary4.1K$1.3M0.6%Held
RUSHB RUSH ENTERPRISES INC - CL BConsumer discretionary17.3K$1.1M0.5%Held
XYL XYLEM INCIndustrials7.9K$945K0.4%New
ROP ROPER TECHNOLOGIES INCTechnology2.6K$920K0.4%Held
P EVERPURE INC-ATechnology13.6K$802K0.4%+2.2%
CNNE CANNAE HOLDINGS INCConsumer discretionary69.2K$787K0.4%Held
PSX PHILLIPS 66Energy3.4K$614K0.3%-0.5%
OCFC OCEANFIRST FINANCIAL CORPFinancials29.1K$526K0.2%-2.9%
MSFT MICROSOFT CORPTechnology845$313K0.1%-1.9%
AVGO BROADCOM INCTechnology992$307K0.1%-18.7%
SHLS SHOALS TECHNOLOGIES GROUP -ATechnology34.5K$227K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 28, 202662$300.2M canonicalSEC ↗
Q4 202513F-HRJan 13, 202669$342.3M canonicalSEC ↗
Q3 202513F-HROct 22, 202567$341.5M canonicalSEC ↗
Q2 202513F-HRAug 8, 202563$297.7M canonicalSEC ↗
Q1 202513F-HRMay 9, 202563$268.6M canonicalSEC ↗
Q4 202413F-HRFeb 12, 202567$279.0M canonicalSEC ↗
Q3 202413F-HRNov 7, 202465$261.7M canonicalSEC ↗
Q2 202413F-HRAug 6, 202465$242.1M canonicalSEC ↗
Q1 202413F-HRMay 6, 202461$226.0M canonicalSEC ↗