Ophir Asset Management Pty Ltd

Fundamental concentrated ★Signal CIK 1844640
League rank
#45
in Fundamental concentrated · #53 overall
Long book
$858.7M
Q1 2026
Positions
34
Top-10 weight
53%
concentration
Last quarter
+47.4%
SPY +14.8%
Turnover
53%
of book per quarter

Strategy in plain words

auto-generated from filings

Ophir Asset Management Pty Ltd is a concentrated fundamental stock-picker, running a $858.7M US long book across 34 positions.

The portfolio is concentrated: the top 10 names carry 53% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: AAR CORP, V2X INC, MAREX GROUP PLC, STANDEX INTERNATIONAL CORP, EZCORP INC-CL A.

Over the last 9 quarters its long book ran on average 6.9pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+7.0%
Q2 2024
+17.3%
Q3 2024
+0.9%
Q4 2024
-3.8%
Q1 2025
+18.6%
Q2 2025
+18.3%
Q3 2025
-3.8%
Q4 2025
+0.6%
Q1 2026
+47.4%

Sector allocation

Industrials
28%
Technology
28%
Healthcare
15%
Consumer discretionary
10%
Services media
8%
Financials
7%
Other
3%
Consumer staples
1%

Long book by quarter

$570.8M
Q1 2024
$564.3M
Q2 2024
$649.9M
Q3 2024
$671.6M
Q4 2024
$572.5M
Q1 2025
$628.7M
Q2 2025
$809.7M
Q3 2025
$891.6M
Q4 2025
$858.7M
Q1 2026

What does Ophir Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AIR AAR CORPIndustrials540.0K$59.1M6.9%-1.7%
VVX V2X INCServices media847.2K$58.0M6.8%-7.1%
MRX MAREX GROUP PLCFinancials1.2M$55.6M6.5%+14.7%
SXI STANDEX INTERNATIONAL CORPIndustrials197.0K$50.2M5.8%New
EZPW EZCORP INC-CL AConsumer discretionary1.6M$41.0M4.8%New
TRNS TRANSCAT INCTechnology545.5K$40.1M4.7%New
IRTC IRHYTHM HOLDINGS INCHealthcare335.8K$39.6M4.6%+163.0%
DCO DUCOMMUN INCIndustrials312.9K$38.2M4.4%-27.1%
PDFS PDF SOLUTIONS INCTechnology1.1M$37.2M4.3%+57.3%
ANDE ANDERSONS INC/THEConsumer discretionary514.4K$36.9M4.3%-29.4%
AORT ARTIVION INCHealthcare950.9K$34.8M4.1%New
CDNL CARDINAL INFRASTRUCTURE GR-AIndustrials802.7K$31.8M3.7%-18.7%
PENG PENGUIN SOLUTIONS INCTechnology1.6M$28.4M3.3%+33.1%
PNTG PENNANT GROUP INC/THEHealthcare903.9K$27.6M3.2%-31.9%
IESC IES HOLDINGS INCIndustrials55.0K$26.2M3.1%-7.6%
MGNI MAGNITE INCTechnology2.1M$25.2M2.9%-11.2%
RDVT RED VIOLET INCTechnology670.4K$23.2M2.7%+5.0%
SYNA SYNAPTICS INCTechnology315.1K$22.1M2.6%New
WDFC WD-40 COOther105.8K$21.6M2.5%New
TTMI TTM TECHNOLOGIESTechnology206.4K$20.1M2.3%New
CDNA CAREDX INCHealthcare988.1K$17.2M2.0%+6.8%
LYTS LSI INDUSTRIES INCIndustrials739.4K$13.8M1.6%New
VIAV VIAVI SOLUTIONS INCTechnology346.9K$11.5M1.3%-44.9%
MAMA MAMA'S CREATIONS INCConsumer staples745.1K$11.4M1.3%New
EVLV EVOLV TECHNOLOGIES HOLDINGSTechnology1.4M$8.7M1.0%New
ZETA ZETA GLOBAL HOLDINGS CORP-ATechnology495.1K$7.9M0.9%-52.8%
YSS YORK SPACE SYSTEMS INCIndustrials300.7K$6.7M0.8%New
DFIN DONNELLEY FINANCIAL SOLUTIONServices media108.7K$5.1M0.6%New
XMTR XOMETRY INC-AServices media121.2K$5.0M0.6%New
JBI JANUS INTERNATIONAL GROUP INIndustrials836.6K$4.3M0.5%-76.0%
KRUS KURA SUSHI USA INC-CLASS AConsumer discretionary55.2K$3.9M0.4%Held
BRCB BLACK ROCK COFFEE BAR INC-AConsumer discretionary274.7K$3.5M0.4%Held
XZO EXZEO GROUP INCTechnology192.3K$2.8M0.3%-80.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202634$858.7M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202632$891.6M canonicalSEC ↗
Q3 202513F-HRNov 14, 202529$809.7M canonicalSEC ↗
Q2 202513F-HRAug 14, 202527$22.4M canonicalSEC ↗
Q1 202513F-HRMay 15, 202531$572.5M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202530$671.6M canonicalSEC ↗
Q3 202413F-HRNov 14, 202431$649.9M canonicalSEC ↗
Q2 202413F-HRAug 14, 202433$564.3M canonicalSEC ↗
Q1 202413F-HRMay 15, 202432$570.8M canonicalSEC ↗