IES Holdings, Inc.

Fundamental concentrated ★Highest signal CIK 1048268
League rank
#898
in Fundamental concentrated · #7155 overall
Long book
$214.0M
Q1 2026
Positions
13
Top-10 weight
90%
concentration
Last quarter
+3.7%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

IES Holdings, Inc. is a concentrated fundamental stock-picker, running a $214.0M US long book across 13 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: CECO ENVIRONMENTAL CORP, RANGER ENERGY SERVICES-CL A, COTERRA ENERGY INC, RPC INC, AMERICAN TOWER CORP.

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
Q4 2025
+23.6%
Q1 2026
+3.7%

Sector allocation

Industrials
40%
Energy
38%
Other
10%
Services media
9%
Technology
3%

Long book by quarter

$171.2M
Q4 2025
$214.0M
Q1 2026

What does IES Holdings, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CECO CECO ENVIRONMENTAL CORPIndustrials568.5K$33.9M15.8%+100.6%
RNGR RANGER ENERGY SERVICES-CL AEnergy1.7M$29.1M13.6%+56.0%
CTRA COTERRA ENERGY INC575.0K$20.2M9.4%-19.0%
RES RPC INCEnergy2.5M$17.8M8.3%-3.4%
MG MISTRAS GROUP INCServices media1.1M$16.6M7.7%+3.8%
MTW MANITOWOC COMPANY INCIndustrials1.4M$15.9M7.4%+11.2%
NX QUANEX BUILDING PRODUCTSIndustrials861.2K$15.5M7.2%+244.4%
AR ANTERO RESOURCES CORPEnergy325.0K$13.8M6.4%-54.0%
RRC RANGE RESOURCES CORPEnergy296.9K$13.4M6.3%-43.5%
FET FORUM ENERGY TECHNOLOGIES INIndustrials225.0K$13.2M6.2%-58.7%
UIS UNISYS CORPTechnology3.2M$6.7M3.1%+176.5%
TISI TEAM INCServices media75.0K$1.2M0.6%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202613$214.0M canonicalSEC ↗
Q4 202513F-HRFeb 12, 202613$171.2M canonicalSEC ↗