SEC 13F Intelligence

Managers / Q4 2021 · view latest →

FIRST WILSHIRE SECURITIES MANAGEMENT INC

CIK 0000732847 · 1214 EAST GREEN STREET, SUITE 104, PASADENA, CA, 91106-3171 · (626) 796-6622

Reported Value
$321M
Q4 2021
Positions
86
Filings on Record
30
2019–present window
Filed
Feb 14, 2022
original filing

Summary

First Wilshire Securities Management Inc reported $321M in U.S.-listed holdings across 86 positions for Q4 2021.

Its largest position, Liberty Global PLC Shs, represents 15.7% of the portfolio.

Compared with Q3 2021, the fund opened 5 new positions and exited 5.

Portfolio Metrics

Turnover
+3.6%
vs prior filed quarter
Top-10 Concentration
+67.3%
share of reported value
Largest Position
+15.7%
Liberty Global PLC Shs
New / Exited
5 / 5
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $266MQ4 ’18Q1 ’19: $293MQ2 ’19: $251MQ3 ’19: $264MQ4 ’19: $266MQ4 ’19Q1 ’20: $178MQ2 ’20: $216MQ3 ’20: $209MQ4 ’20: $248MQ4 ’20Q1 ’21: $268MQ2 ’21: $286MQ3 ’21: $302MQ4 ’21: $321MQ4 ’21Q1 ’22: $285MQ2 ’22: $268MQ3 ’22: $247MQ1 ’23: $293,075Q1 ’23Q2 ’23: $291,609Q3 ’23: $292,230Q4 ’23: $309,376Q1 ’24: $341,864Q1 ’24Q2 ’24: $326,936Q3 ’24: $355,898Q4 ’24: $368,050Q2 ’25: $367MQ2 ’25Q3 ’25: $376MQ4 ’25: $398MQ1 ’26: $444Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 65.7%Other: 28.6%ETP: 4.4%ADR: 1.0%Closed-End Fund: 0.2%Other: 0.1%
  • Common Stock · 65.7% · $211M
  • Other · 28.6% · $92M
  • ETP · 4.4% · $14M
  • ADR · 1.0% · $3M
  • Closed-End Fund · 0.2% · $723,000
  • Other · 0.1% · $318,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RBBNRIBBON COMMUNICATIONS INCNEW+431.9K431.9K+$3M$3M
LOTTERYNEW+127.3K127.3K+$811,000$811,000
LIBERTY MEDIA CORP DELNEW+6.2K6.2K+$318,000$318,000
MRNAMODERNA INCNEW+1.1K1.1K+$272,000$272,000
SENESTECH INCNEW+259.8K259.8K+$254,000$254,000
TRIDENT ACQUISITIONS CORPSOLD OUT−70.0K0−$487,000$0
TRIDENT ACQUISITIONS CORPSOLD OUT−70.0K0−$438,000$0
WISDOMTREE TRSOLD OUT−7.9K0−$399,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2021

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LIBERTY GLOBAL PLC SHSCL C15.75%$51M1.80M
2VSTVISTRA CORPhistory →COM10.02%$32M1.41M
3JEFJEFFERIES FINL GROUP INChistory →COM8.58%$28M708.9K
4SILICOM LTDORD7.86%$25M488.4K
5EZPWEZCORP INChistory →CL A NON VTG6.14%$20M2.67M
6BSFAANI PHARMACEUTICALS INChistory →COM4.72%$15M328.5K
7SGCSUPERIOR GROUP OF CO INChistory →COM4.36%$14M637.9K
8EWBCEAST WEST BANCORP INChistory →COM3.60%$12M146.7K
9HUNHUNTSMAN CORPhistory →COM3.19%$10M293.8K
10ATRSEURANTARES PHARMA INChistory →COM3.08%$10M2.77M
11ANDEANDERSONS INChistory →COM2.73%$9M226.0K
12CRD/ACRAWFORD & COCL A · CL B2.44%$8M1.04M
13LMNRLIMONEIRA COhistory →COM1.99%$6M426.1K
14AGMFEDERAL AGRIC MTG CORPhistory →CL C1.96%$6M50.8K
15MANITEX INTL INCCOM1.89%$6M955.5K
16BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.57%$5M16.8K
17NWPXNORTHWEST PIPE COhistory →COM1.56%$5M157.0K
18VSECVSE CORPhistory →COM1.36%$4M71.6K
19TPCTUTOR PERINI CORPhistory →COM1.25%$4M323.3K
20TRECORA RESCOM1.17%$4M466.2K
21GIFIGULF IS FABRICATION INChistory →COM1.09%$3M870.6K
22INVESCO ACTIVELY MANAGED ETFULTRA SHRT DUR1.04%$3M66.4K
23CAMTEK LTDORD1.04%$3M72.3K
24IBAGBPINDUSTRIAS BACHOCO SAB SPONADR B0.88%$3M66.5K
25RBBNRIBBON COMMUNICATIONS INCCOM0.81%$3M431.9K
26RELLRICHARDSON ELECTRS LTDCOM0.75%$2M177.2K
27XLFSELECT SECTOR SPDR TRSBI CONS DISCR · TECHNOLOGY · FINANCIAL0.73%$2M22.3K
28FSTRFOSTER L B COCOM0.60%$2M139.4K
29MSFTMICROSOFT CORPCOM0.39%$1M3.8K
30SCHWAB STRATEGIC TRUS DIVIDEND EQ0.37%$1M14.6K
31TTEKTETRA TECH INC NEWCOM0.26%$832,0004.9K
32VANGUARD WORLD FDSHEALTH CAR ETF0.25%$813,0003.0K
33LOTTERYCOM INC COM0.25%$811,000127.3K
34ISHARES TRU.S. MED DVC ETF0.25%$810,00012.3K
35XXCHNXXCHINA FD INCCOM0.23%$723,00039.5K
36PSQUSDPROSHARES TRSHORT QQQ NEW0.22%$715,00066.0K
37VANGUARD INDEX FDS S&P 500 ETFSHS0.21%$669,0001.5K
38ISHARES U S ETF TRBLACKROCK ST MAT0.21%$668,00013.4K
39BLUBELLUS HEALTH INC NEWCOM NEW0.21%$660,00082.0K
40CUBICUSTOMERS BANCORP INCCOM0.21%$660,00010.1K
41BACBK OF AMERICA CORPCOM0.20%$646,00014.5K
42CSCOCISCO SYS INCCOM0.20%$643,00010.2K
43ABTABBOTT LABSCOM0.18%$568,0004.0K
44JECUSDJACOBS ENGR GROUP INCCOM0.17%$560,0004.0K
45HDHOME DEPOT INCCOM0.17%$550,0001.3K
46CHECK POINT SOFTWARE TECH LTORD0.16%$528,0004.5K
47SIRIUSPOINT LTDCOM0.16%$508,00062.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$444M85May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$398M87Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$376M84Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$367M83Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025Under review78May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$368,05086Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$355,89884Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$326,93680Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$341,86482May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$309,37684Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$292,23085Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$291,60986Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$293,07586May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review86Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$247M84Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$268M87Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$285M88May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$321M86Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$302M86Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$286M83Aug 17, 202113F-HRchanges · EDGAR ↗
Q1 2021$268M81May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$248M80Feb 17, 202113F-HRchanges · EDGAR ↗
Q3 2020$209M76Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$216M74Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$178M80May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$266M97Feb 18, 202013F-HRchanges · EDGAR ↗
Q3 2019$264M99Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$251M112Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$293M115May 16, 201913F-HRchanges · EDGAR ↗
Q4 2018$266M114Feb 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.