Pacific Ridge Capital Partners, LLC
Long book
$461.8M
Q1 2026
Positions
137
Top-10 weight
23%
concentration
Last quarter
+20.0%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsPacific Ridge Capital Partners, LLC is an institutional manager, running a $461.8M US long book across 137 positions.
The portfolio is broadly diversified across 137 positions (top 10 only 23%). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NORTHEAST BANK, ALICO INC, NATURAL GAS SERVICES GROUP, METROPOLITAN BANK HOLDING CO, HERITAGE INSURANCE HOLDINGS.
Over the last 9 quarters its long book ran on average 1.6pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-4.6%
Q2 2024
+13.5%
Q3 2024
+4.1%
Q4 2024
-9.7%
Q1 2025
+13.1%
Q2 2025
+12.0%
Q3 2025
+4.4%
Q4 2025
+2.2%
Q1 2026
+20.0%
Sector allocation
Financials 34%
Industrials 15%
Services media 15%
Other 11%
Technology 9%
Consumer discretionary 6%
Healthcare 3%
Energy 3%
Long book by quarter
What does Pacific Ridge own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NBN NORTHEAST BANK | — | 127.5K | $14.3M | 3.1% | +0.2% |
| ALCO ALICO INC | Consumer staples | 285.3K | $11.8M | 2.5% | +0.3% |
| NGS NATURAL GAS SERVICES GROUP | Energy | 305.4K | $11.5M | 2.5% | -11.7% |
| MCB METROPOLITAN BANK HOLDING CO | Financials | 136.8K | $11.4M | 2.5% | +4.1% |
| HRTG HERITAGE INSURANCE HOLDINGS | Financials | 405.9K | $10.7M | 2.3% | +9.1% |
| DHX DHI GROUP INC | Services media | 3.6M | $10.2M | 2.2% | +5.5% |
| APEI AMERICAN PUBLIC EDUCATION | Services media | 167.7K | $9.5M | 2.1% | +0.2% |
| JAKK JAKKS PACIFIC INC | Other | 436.9K | $8.7M | 1.9% | +7.5% |
| AVNW AVIAT NETWORKS INC | Technology | 383.2K | $8.7M | 1.9% | +3.2% |
| NWPX NWPX INFRASTRUCTURE INC | Industrials | 110.1K | $8.6M | 1.9% | -26.6% |
| MPAA MOTORCAR PARTS OF AMERICA IN | Industrials | 772.4K | $8.5M | 1.8% | +11.5% |
| VBNK VERSABANK | Financials | 590.0K | $8.4M | 1.8% | +0.8% |
| PKBK PARKE BANCORP INC | Financials | 293.4K | $8.3M | 1.8% | +0.3% |
| UNTY UNITY BANCORP INC | Financials | 158.8K | $8.2M | 1.8% | +6.1% |
| BWFG BANKWELL FINANCIAL GROUP INC | Financials | 168.0K | $8.2M | 1.8% | +0.3% |
| BBW BUILD-A-BEAR WORKSHOP INC | Consumer discretionary | 216.0K | $8.1M | 1.8% | +30.3% |
| FSBW FS BANCORP INC | Financials | 208.1K | $8.0M | 1.7% | +0.3% |
| TWIN TWIN DISC INC | Industrials | 530.6K | $8.0M | 1.7% | +0.5% |
| KE KIMBALL ELECTRONICS INC | Technology | 322.5K | $7.6M | 1.7% | +0.3% |
| LAKE LAKELAND INDUSTRIES INC | Healthcare | 929.0K | $7.6M | 1.6% | +20.3% |
| FBIZ FIRST BUSINESS FINANCIAL SER | Financials | 140.9K | $7.6M | 1.6% | +0.3% |
| AII AMERICAN INTEGRITY INSURANCE | Financials | 389.4K | $7.5M | 1.6% | +25.5% |
| HBNC HORIZON BANCORP INC/IN | Financials | 428.6K | $7.1M | 1.5% | +0.4% |
| BWMN BOWMAN CONSULTING GROUP LTD | Services media | 245.6K | $7.0M | 1.5% | +0.3% |
| CBNK CAPITAL BANCORP INC/MD | Financials | 231.3K | $6.9M | 1.5% | +19.0% |
| INTT INTEST CORP | Technology | 502.3K | $6.9M | 1.5% | -2.9% |
| PMTS CPI CARD GROUP INC | Other | 466.0K | $6.8M | 1.5% | +5.3% |
| FSBC FIVE STAR BANCORP | Financials | 176.8K | $6.7M | 1.4% | -9.6% |
| HBB HAMILTON BEACH BRAND-A | Industrials | 344.1K | $6.5M | 1.4% | +1.1% |
| CBAN COLONY BANKCORP | Financials | 321.8K | $6.4M | 1.4% | -15.3% |
| USCB USCB FINANCIAL HOLDINGS INC | Financials | 342.3K | $6.3M | 1.4% | +0.3% |
| RMNI RIMINI STREET INC | Services media | 1.9M | $6.3M | 1.4% | +3.0% |
| MLR MILLER INDUSTRIES INC/TENN | Industrials | 136.8K | $6.2M | 1.3% | +1.2% |
| ASUR ASURE SOFTWARE INC | Technology | 701.8K | $6.0M | 1.3% | +0.4% |
| CBK COMMERCIAL BANCGROUP INC | Financials | 225.5K | $5.9M | 1.3% | +61.6% |
| RCMT RCM TECHNOLOGIES INC | Services media | 285.6K | $5.5M | 1.2% | +10.6% |
| ORRF ORRSTOWN FINL SERVICES INC | Financials | 147.4K | $5.3M | 1.2% | +0.3% |
| RRGB RED ROBIN GOURMET BURGERS | Consumer discretionary | 1.8M | $5.3M | 1.1% | +29.1% |
| KELYA KELLY SERVICES INC -A | Services media | 547.2K | $4.8M | 1.0% | +365.9% |
| SHOE SHOE STATION GROUP INC | Consumer discretionary | 309.5K | $4.8M | 1.0% | +103.1% |
| ASYS AMTECH SYSTEMS INC | Industrials | 405.4K | $4.7M | 1.0% | -35.4% |
| MG MISTRAS GROUP INC | Services media | 285.3K | $4.2M | 0.9% | +0.5% |
| BOOM DMC GLOBAL INC | Industrials | 804.6K | $4.2M | 0.9% | +25.1% |
| RVSB RIVERVIEW BANCORP INC | Financials | 755.4K | $4.2M | 0.9% | +4.4% |
| JILL J. JILL INC | Other | 357.4K | $4.1M | 0.9% | +95.9% |
| FORR FORRESTER RESEARCH INC | Services media | 710.8K | $4.0M | 0.9% | +20.7% |
| ACTG ACACIA RESEARCH CORP | Financials | 817.2K | $3.9M | 0.9% | +0.9% |
| RPAY REPAY HOLDINGS CORP | Services media | 1.4M | $3.7M | 0.8% | +29.8% |
| CPS COOPER-STANDARD HOLDING | Industrials | 131.4K | $3.7M | 0.8% | -13.4% |
| CMT CORE MOLDING TECHNOLOGIES IN | Other | 144.3K | $3.2M | 0.7% | -0.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 137 | $461.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 4, 2026 | 138 | $455.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 135 | $455.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 133 | $418.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 136 | $379.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 139 | $435.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 137 | $422.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 15, 2024 | 139 | $416.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 9, 2024 | 136 | $455.8M | canonical | SEC ↗ |
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