SEC 13F Intelligence

Managers / Q4 2022 · view latest →

BARD ASSOCIATES INC

CIK 0001105907 · 233 SOUTH WACKER DRIVE, SUITE 4400, CHICAGO, IL, 60606 · 3127829600

Reported Value
$232M
Q4 2022
Positions
194
Filings on Record
31
2019–present window
Filed
Feb 10, 2023
original filing

Summary

Bard Associates Inc reported $232M in U.S.-listed holdings across 194 positions for Q4 2022.

Its largest position, ENSG, represents 4.0% of the portfolio.

Compared with Q3 2022, the fund opened 13 new positions and exited 6.

Portfolio Metrics

Turnover
+8.1%
vs prior filed quarter
Top-10 Concentration
+21.8%
share of reported value
Largest Position
+4.0%
Ensign
New / Exited
13 / 6
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: $173MQ4 ’18Q1 ’19: $198MQ2 ’19: $200MQ3 ’19: $197MQ4 ’19: $197MQ4 ’19Q1 ’20: $136MQ2 ’20: $180MQ3 ’20: $189MQ4 ’20: $253MQ4 ’20Q1 ’21: $277MQ2 ’21: $306MQ3 ’21: $296MQ4 ’21: $304MQ4 ’21Q1 ’22: $283MQ2 ’22: $234MQ3 ’22: $222MQ4 ’22: $232MQ4 ’22Q1 ’23: $242MQ2 ’23: $258MQ3 ’23: $242MQ4 ’23: $263MQ4 ’23Q1 ’24: $278MQ2 ’24: $261MQ3 ’24: $293MQ4 ’24: $294MQ4 ’24Q1 ’25: $268MQ2 ’25: $311MQ3 ’25: $377MQ4 ’25: $389MQ4 ’25Q1 ’26: $398Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 62.1%REIT: 14.0%Other: 8.5%ETP: 6.5%Closed-End Fund: 6.1%Other: 2.8%
  • Common Stock · 62.1% · $144M
  • REIT · 14.0% · $33M
  • Other · 8.5% · $20M
  • ETP · 6.5% · $15M
  • Closed-End Fund · 6.1% · $14M
  • Other · 2.8% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EASTERLY GOVT PPTYS INCNEW+181.4K181.4K+$3M$3M
MPTIM-TRON INDS INCNEW+116.5K116.5K+$1M$1M
INVESTMENT MANAGERS SER TR INEW+11.0K11.0K+$408,773$408,773
INFUINFUSYSTEM HLDGS INCNEW+46.4K46.4K+$402,839$402,839
BHMBLUEROCK HOMES TRUST INCNEW+17.3K17.3K+$367,896$367,896
TCXTUCOWS INCNEW+9.3K9.3K+$316,643$316,643
FTAIFTAI AVIATION LTDNEW+17.9K17.9K+$305,592$305,592
BBCPCONCRETE PUMPING HLDGS INCNEW+48.0K48.0K+$280,654$280,654

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

Holdings — Q4 2022

180 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ENSGENSIGN GROUP INChistory →COM3.99%$9M98.0K
2CELHCELSIUS HLDGS INChistory →COM NEW3.10%$7M69.1K
3USACUSA COMPRESSION PARTNERS LPhistory →COMUNIT LTDPAR2.07%$5M245.7K
4SMIDSMITH MIDLAND CORPhistory →COM1.97%$5M223.0K
5FIPFTAI INFRASTRUCTURE INChistory →COMMON STOCK1.94%$5M1.53M
6USPHU S PHYSICAL THERAPYhistory →COM1.85%$4M53.1K
7COHRCOHERENT CORPhistory →COM1.84%$4M121.5K
8XTTPXTORTOISE PIPELINE & ENERGY Fhistory →COM1.81%$4M156.7K
9PCYOPURE CYCLE CORPhistory →COM NEW1.66%$4M368.8K
10LEGHLEGACY HOUSING CORPhistory →COM1.61%$4M196.9K
11PCHPOTLATCHDELTIC CORPORATIONhistory →COM1.60%$4M84.4K
12GDXJVANECK ETF TRUSTJUNIOR GOLD MINE · GOLD MINERS ETF1.52%$4M104.5K
13SELFGLOBAL SELF STORAGE INChistory →COM1.44%$3M685.0K
14TORTOISE PWR & ENERGY INFRASCOM1.42%$3M258.6K
15CSVCARRIAGE SVCS INChistory →COM1.38%$3M116.6K
16FSKFS KKR CAP CORPhistory →COM1.36%$3M174.5K
17OSSONE STOP SYS INChistory →COM1.35%$3M1.05M
18QUAKER HOUGHTONCOM1.32%$3M18.4K
19LANDGLADSTONE LD CORPhistory →COM1.27%$3M160.9K
20ACCSISSUER DIRECT CORPhistory →COM NEW1.24%$3M115.2K
21SANDSTORM GOLD LTDCOM NEW1.23%$3M543.5K
22ENVIVA INCCOM1.23%$3M53.7K
23FPIFARMLAND PARTNERS INChistory →COM1.22%$3M225.9K
24PSCUINVESCO EXCH TRADED FD TR IIhistory →S&P SMLCP UTIL1.20%$3M51.9K
25ACUACME UTD CORPhistory →COM1.20%$3M127.4K
26VMBSVANGUARD SCOTTSDALE FDSMTG-BKD SECS ETF · SHRT TRM CORP BD1.20%$3M59.2K
27ECCEAGLE POINT CREDIT COMPANY Ihistory →COM1.18%$3M270.7K
28OREUROSISKO GOLD ROYALTIES LTDhistory →COM1.15%$3M220.7K
29VTIPVANGUARD MALVERN FDShistory →STRM INFPROIDX1.15%$3M57.0K
30INTTINTEST CORPhistory →COM1.13%$3M255.5K
31WLDNWILLDAN GROUP INChistory →COM1.12%$3M145.2K
32EASTERLY GOVT PPTYS INCCOM1.11%$3M181.4K
33WPMWHEATON PRECIOUS METALS CORPhistory →COM1.08%$3M64.4K
34PSTLPOSTAL REALTY TRUST INChistory →CL A1.04%$2M166.6K
35IRTINDEPENDENCE RLTY TR INChistory →COM1.03%$2M140.7K
36MAMAMAMAMANCINI S HLDGS INChistory →COM1.03%$2M1.33M
37GWRSGLOBAL WTR RES INChistory →COM1.01%$2M177.1K
38SACHSACHEM CAP CORPCOM0.96%$2M647.2K
39RGLDROYAL GOLD INCCOM0.94%$2M19.4K
40AROCARCHROCK INCCOM0.94%$2M243.8K
41ODCOIL DRI CORP AMERCOM0.94%$2M64.8K
42LOANMANHATTAN BRDG CAP INCCOM0.91%$2M385.6K
43NEWTNEWTEK BUSINESS SVCS CORPCOM NEW0.90%$2M128.6K
44RMTROYCE MICRO-CAP TR INCCOM0.89%$2M239.0K
45BK TECHNOLOGIES CORPORATIONCOM0.84%$2M590.3K
46NCPLWNETCAPITAL INCCOM · *W EXP 07/12/2020.84%$2M1.49M
47TRGPTARGA RES CORPCOM0.83%$2M26.1K
48EPMEVOLUTION PETE CORPCOM0.82%$2M252.5K
49EICEAGLE POINT INCOME COMPANY ICOM0.81%$2M135.8K
50FNVFRANCO NEV CORPCOM0.71%$2M12.1K
51IEXIDEX CORPCOM0.70%$2M7.1K
52HROWHARROW HEALTH INCCOM0.68%$2M107.7K
53MRTNMARTEN TRANS LTDCOM0.66%$2M77.8K
54BHRBRAEMAR HOTELS & RESORTS INCCOM0.63%$1M351.2K
55ASURASURE SOFTWARE INCCOM0.63%$1M155.7K
56EQXEQUINOX GOLD CORPCOM0.62%$1M438.5K
57STERICYCLE INCCOM0.58%$1M27.2K
58ACREARES COML REAL ESTATE CORPCOM0.58%$1M126.4K
59PBAPEMBINA PIPELINE CORPCOM0.58%$1M39.4K
60GREAT AJAX CORPCOM0.53%$1M170.6K
61RSSSRESEARCH SOLUTIONS INCCOM0.52%$1M634.2K
62SILVERSUN TECHNOLOGIES INCCOM NEW0.52%$1M408.5K
63CXDOCREXENDO INCCOM0.50%$1M609.9K
64KTOSKRATOS DEFENSE & SEC SOLUTIOCOM NEW0.49%$1M110.9K
65GOODGLADSTONE COMMERCIAL CORPCOM0.49%$1M61.7K
66BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.49%$1M3.7K
67XAI OCTAGON FLOATING RATE &COM0.49%$1M179.6K
68BEEMBEAM GLOBALCOM0.48%$1M64.5K
69ITERIS INC NEWCOM0.48%$1M359.9K
70HARBOR CUSTOM DEVELOPMENT IN8% CONV PFD SR A · *W EXP 05/09/2020.48%$1M826.7K
71SPUSDSP PLUS CORPCOM0.48%$1M31.9K
72LGLLGL GROUP INCCOM0.48%$1M273.6K
73AIRGAIRGAIN INCCOM0.47%$1M166.9K
74ATOMATOMERA INCCOM0.46%$1M172.9K
75RMNIRIMINI STR INC DELCOM0.46%$1M279.5K
76POLISHED COM INCCOM · *W EXP 06/02/2020.46%$1M2.40M
77WELLWELLTOWER INCCOM0.45%$1M15.9K
78JKHYHENRY JACK & ASSOC INCCOM0.45%$1M5.9K
79MPTIM-TRON INDS INCCOM0.44%$1M116.5K
80CLFDCLEARFIELD INCCOM0.41%$963,24010.2K
81OCCIOFS CREDIT COMPANY INCCOM0.41%$956,024109.2K
82AIOTPOWERFLEET INCCOM0.41%$953,309354.4K
83DUOTDUOS TECHNOLOGIES GROUP INCCOM0.41%$951,506475.8K
84MPTMEDICAL PPTYS TRUST INCCOM0.41%$945,14182.7K
85CRWSCROWN CRAFTS INCCOM0.40%$934,917172.5K
86URBAN-GRO INCCOM NEW0.40%$930,090341.9K
87SOHOSOTHERLY HOTELS INCCOM0.40%$918,866507.7K
88TACTTRANSACT TECHNOLOGIES INCCOM0.39%$910,701146.4K
89FLOTISHARES TRFLTG RATE NT ETF · TIPS BD ETF · RESIDENTIAL MULT0.38%$889,76413.8K
90NEMNEWMONT CORPCOM0.38%$879,24618.6K
91OBDCOWL ROCK CAPITAL CORPORATIONCOM0.37%$865,54072.9K
92SLVISHARES SILVER TRISHARES0.37%$856,57838.9K
93JYNTJOINT CORPCOM0.37%$850,18060.8K
94XFFCXFLAHERTY & CRUMRINE PFD SECSCOM0.36%$838,11655.8K
95LPTVQLOOP MEDIA INCCOM NEW0.35%$823,098124.3K
96HARVARD BIOSCIENCE INCCOM0.35%$812,433293.3K
97UMHUMH PPTYS INCCOM0.34%$785,27848.8K
98CIOCITY OFFICE REIT INCCOM0.33%$761,65090.9K
99BANXARROWMARK FINANCIAL CORPCOM0.33%$756,96243.2K
100HOURHOUR LOOP INCCOM0.29%$670,112256.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$398M293May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$389M241Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$377M160Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$311M173Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$268M179May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$294M180Feb 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$293M177Nov 6, 202413F-HRchanges · EDGAR ↗
Q2 2024$261M172Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$278M176May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$263M173Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$242M187Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$258M185Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$242M190May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$232M194Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$222M187Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$234M182Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$283M185May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$304M181Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$296M176Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$306M174Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$277M158May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$253M152Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$189M153Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$180M154Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$136M157May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$197M165Feb 13, 2020RESTATEMENTchanges · EDGAR ↗
Q3 2019$197M167Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$200M163Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$198M168May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$173M170Feb 13, 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 ↗.