Oppenheimer & Close, LLC

Fundamental diversified ★Signal CIK 1591377
League rank
#840
in Fundamental diversified · #6952 overall
Long book
$158.6M
Q1 2026
Positions
56
Top-10 weight
43%
concentration
Last quarter
+5.8%
SPY +14.8%
Turnover
15%
of book per quarter

Strategy in plain words

auto-generated from filings

Oppenheimer & Close, LLC is a diversified fundamental manager, running a $158.6M US long book across 56 positions.

The portfolio is moderately concentrated (top 10 ≈ 43% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SEACOR MARINE HOLDINGS INC, AGNICO EAGLE MINES LTD, HURCO COMPANIES INC, TAYLOR DEVICES INC, ALAMOS GOLD INC-CLASS A.

Over the last 9 quarters its long book ran on average 1.9pp per quarter ahead of the S&P 500, beating the index in 5 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
-2.6%
Q2 2024
+12.8%
Q3 2024
-1.3%
Q4 2024
-0.3%
Q1 2025
+10.6%
Q2 2025
+22.8%
Q3 2025
+6.2%
Q4 2025
+3.8%
Q1 2026
+5.8%

Sector allocation

Financials
29%
Materials
26%
Industrials
19%
Technology
9%
Real estate
5%
Energy
5%
Services media
4%
Consumer discretionary
4%

Long book by quarter

$115.3M
Q1 2024
$113.9M
Q2 2024
$124.8M
Q3 2024
$121.6M
Q4 2024
$121.3M
Q1 2025
$130.5M
Q2 2025
$148.0M
Q3 2025
$146.7M
Q4 2025
$158.6M
Q1 2026

What does Oppenheimer & own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
SMHI SEACOR MARINE HOLDINGS INCIndustrials1.4M$9.9M6.2%+149.4%
AEM AGNICO EAGLE MINES LTDMaterials46.0K$9.3M5.9%-2.8%
HURC HURCO COMPANIES INCTechnology457.2K$6.7M4.2%+6.9%
TAYD TAYLOR DEVICES INCIndustrials113.6K$6.5M4.1%-9.6%
AGI ALAMOS GOLD INC-CLASS AMaterials140.2K$6.2M3.9%-2.1%
UHAL/B U-HAUL HOLDING CO-NON VOTINGServices media134.7K$6.0M3.8%+15.3%
GLW CORNING INCIndustrials41.7K$5.7M3.6%-13.1%
BBW BUILD-A-BEAR WORKSHOP INCConsumer discretionary149.6K$5.6M3.5%-19.4%
NEM NEWMONT CORPMaterials51.2K$5.5M3.5%-11.1%
CVX CHEVRON CORPEnergy26.8K$5.5M3.5%+3.7%
HL HECLA MINING COMaterials284.3K$5.3M3.3%-20.3%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials11.0K$5.3M3.3%New
CDE COEUR MINING INCMaterials271.8K$5.1M3.2%+277.6%
CSCO CISCO SYSTEMS INCTechnology64.0K$5.0M3.1%-0.9%
CCNE CNB FINANCIAL CORP/PAFinancials166.3K$4.8M3.0%+125.7%
IIIN INSTEEL INDUSTRIES INCIndustrials142.6K$4.8M3.0%+2.3%
PGC PEAPACK GLADSTONE FINL CORPFinancials124.9K$4.4M2.8%+218.3%
B BARRICK MINING CORPMaterials95.7K$3.9M2.5%-0.8%
TRC TEJON RANCH COReal estate164.8K$3.1M2.0%+16.3%
CPBI CENTRAL PLAINS BANCSHARES INFinancials165.0K$2.8M1.8%-5.7%
LSBK LAKE SHORE BANCORP INC/MDFinancials180.0K$2.7M1.7%Held
BVFL BV FINANCIAL INCFinancials134.5K$2.6M1.6%-10.3%
FRPH FRP HOLDINGS INCReal estate112.3K$2.5M1.5%Held
HTB HOMETRUST BANCSHARES INCFinancials52.7K$2.2M1.4%Held
ACNT ASCENT INDUSTRIES COMaterials159.8K$2.1M1.3%+817.5%
AXR AMREP CORPReal estate67.0K$1.9M1.2%Held
NBBK NB BANCORP INCFinancials83.0K$1.7M1.1%Held
CARE CARTER BANKSHARES INCFinancials62.5K$1.5M0.9%Held
SFBC SOUND FINANCIAL BANCORP INCFinancials32.6K$1.4M0.9%Held
ASRV AMERISERV FINANCIAL INCFinancials352.6K$1.3M0.8%Held
PBHC PATHFINDER BANCORP INCFinancials91.9K$1.2M0.7%Held
CBAN COLONY BANKCORPFinancials53.8K$1.1M0.7%Held
MPB MID PENN BANCORP INCFinancials31.9K$1.0M0.6%Held
ECBK ECB BANCORP INCFinancials61.0K$1.0M0.6%Held
TCBS TEXAS COMMUNITY BANCSHARESFinancials54.5K$954K0.6%Held
BRBS BLUE RIDGE BANKSHARES INCFinancials200.5K$842K0.5%Held
CRC CALIFORNIA RESOURCES CORPEnergy11.4K$789K0.5%New
TSBK TIMBERLAND BANCORP INCFinancials19.8K$782K0.5%Held
FSUN FIRSTSUN CAPITAL BANCORPFinancials21.1K$771K0.5%Held
WSBK WINCHESTER BANCORP INCFinancials50.0K$635K0.4%Held
MRAM EVERSPIN TECHNOLOGIES INCTechnology69.0K$606K0.4%Held
RMBI RICHMOND MUTUAL BANCORPORATIFinancials40.0K$543K0.3%Held
WNEB WESTERN NEW ENGLAND BANCORPFinancials40.8K$527K0.3%New
AVBC AVIDIA BANCORP INCFinancials26.5K$521K0.3%Held
MGYR MAGYAR BANCORP INCFinancials24.1K$417K0.3%Held
XOM EXXON MOBIL CORPEnergy1.7K$294K0.2%-1.7%
UHAL U-HAUL HOLDING COServices media6.0K$286K0.2%Held
TDW TIDEWATER INCIndustrials3.3K$273K0.2%New
SRBK SR BANCORP INCFinancials13.9K$235K0.1%+32.3%
VLO VALERO ENERGY CORPEnergy900$222K0.1%-73.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 12, 202656$158.6M canonicalSEC ↗
Q4 202513F-HRFeb 10, 202657$146.7M canonicalSEC ↗
Q3 202513F-HRNov 10, 202555$148.0M canonicalSEC ↗
Q2 202513F-HRAug 12, 202552$130.5M canonicalSEC ↗
Q1 202513F-HRApr 29, 202551$121.3M canonicalSEC ↗
Q4 202413F-HRFeb 11, 202551$121.6M canonicalSEC ↗
Q3 202413F-HROct 17, 202451$124.8M canonicalSEC ↗
Q2 202413F-HRJul 25, 202456$113.9M canonicalSEC ↗
Q1 202413F-HRMay 7, 202455$115.3M canonicalSEC ↗