SEC 13F Intelligence

Managers / Q1 2023 · view latest →

BARD ASSOCIATES INC

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

Reported Value
$242M
Q1 2023
Positions
190
Filings on Record
31
2019–present window
Filed
May 12, 2023
original filing

Summary

Bard Associates Inc reported $242M in U.S.-listed holdings across 190 positions for Q1 2023.

Its largest position, ENSG, represents 3.8% of the portfolio.

Compared with Q4 2022, the fund opened 7 new positions and exited 11.

Portfolio Metrics

Turnover
+7.5%
vs prior filed quarter
Top-10 Concentration
+21.2%
share of reported value
Largest Position
+3.8%
Ensign
New / Exited
7 / 11
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: $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: 67.0%REIT: 12.0%Other: 7.7%ETP: 5.6%Closed-End Fund: 5.2%Other: 2.4%
  • Common Stock · 67.0% · $162M
  • REIT · 12.0% · $29M
  • Other · 7.7% · $19M
  • ETP · 5.6% · $14M
  • Closed-End Fund · 5.2% · $12M
  • Other · 2.4% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RWAYRUNWAY GROWTH FINANCE CORPNEW+300.4K300.4K+$4M$4M
GOLDA-MARK PRECIOUS METALS INCNEW+90.2K90.2K+$3M$3M
LPZBLIGHTPATH TECHNOLOGIES INCNEW+362.6K362.6K+$511,266$511,266
VIA RENEWABLES INCNEW+22.8K22.8K+$419,415$419,415
BEAMR IMAGING LTDNEW+200.0K200.0K+$398,000$398,000
UPSUNITED PARCEL SERVICE INCNEW+1.1K1.1K+$206,406$206,406
AAPLAPPLE INCNEW+1.2K1.2K+$197,880$197,880
HARBOR CUSTOM DEVELOPMENT INSOLD OUT−165.7K0−$1M$0

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

Holdings — Q1 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ENSGENSIGN GROUP INChistory →COM3.83%$9M97.1K
2CELHCELSIUS HLDGS INChistory →COM NEW2.31%$6M60.1K
3USPHU S PHYSICAL THERAPYhistory →COM2.15%$5M53.0K
4USACUSA COMPRESSION PARTNERS LPhistory →COMUNIT LTDPAR2.15%$5M245.7K
5FIPFTAI INFRASTRUCTURE INChistory →COMMON STOCK1.89%$5M1.53M
6COHRCOHERENT CORPhistory →COM1.89%$5M120.0K
7LEGHLEGACY HOUSING CORPhistory →COM1.87%$5M198.5K
8SMIDSMITH MIDLAND CORPhistory →COM1.75%$4M225.7K
9POTLATCHDELTIC CORPORATIONCOM1.71%$4M83.4K
10INTTINTEST CORPhistory →COM1.68%$4M196.0K
11XTTPXTORTOISE PIPELINE & ENERGY Fhistory →COM1.60%$4M150.3K
12RWAYRUNWAY GROWTH FINANCE CORPhistory →COM1.51%$4M300.4K
13QUAKER HOUGHTONCOM1.48%$4M18.1K
14CSVCARRIAGE SVCS INChistory →COM1.47%$4M116.3K
15OSISKO GOLD ROYALTIES LTDCOM1.46%$4M222.6K
16SELFGLOBAL SELF STORAGE INChistory →COM1.45%$4M681.8K
17PCYOPURE CYCLE CORPhistory →COM NEW1.45%$4M370.4K
18FSKFS KKR CAP CORPhistory →COM1.39%$3M175.7K
19TORTOISE PWR & ENERGY INFRASCOM1.35%$3M254.4K
20AYS1SANDSTORM GOLD LTDhistory →COM NEW1.32%$3M550.9K
21WPMWHEATON PRECIOUS METALS CORPhistory →COM1.31%$3M65.5K
22VANECK ETF TRUSTJUNIOR GOLD MINE1.29%$3M79.3K
23GOLDA-MARK PRECIOUS METALS INChistory →COM1.29%$3M90.2K
24ECCEAGLE POINT CREDIT COMPANY Ihistory →COM1.24%$3M269.2K
25ACUACME UTD CORPhistory →COM1.19%$3M125.0K
26INVESCO EXCH TRADED FD TR IIS&P SMLCP UTIL1.19%$3M51.7K
27LANDGLADSTONE LD CORPhistory →COM1.12%$3M162.4K
28ODCOIL DRI CORP AMERhistory →COM1.11%$3M64.3K
29OSSONE STOP SYS INChistory →COM1.08%$3M1.05M
30VANGUARD SCOTTSDALE FDSMTG-BKD SECS ETF1.06%$3M55.1K
31RGLDROYAL GOLD INChistory →COM1.05%$3M19.6K
32MAMAMAMAMANCINI S HLDGS INChistory →COM1.05%$3M1.33M
33FPIFARMLAND PARTNERS INChistory →COM1.04%$3M234.7K
34PSTLEURPOSTAL REALTY TRUST INChistory →CL A1.04%$3M165.4K
35EASTERLY GOVT PPTYS INCCOM1.03%$2M180.7K
36AROCARCHROCK INChistory →COM1.02%$2M252.4K
37ACCSISSUER DIRECT CORPhistory →COM NEW1.00%$2M115.4K
38SACHSACHEM CAP CORPCOM0.99%$2M643.7K
39EQXEQUINOX GOLD CORPCOM0.96%$2M450.1K
40HROWHARROW HEALTH INCCOM0.94%$2M107.5K
41J2AWILLDAN GROUP INCCOM0.93%$2M144.8K
42IRTINDEPENDENCE RLTY TR INCCOM0.93%$2M139.2K
43GWRSGLOBAL WTR RES INCCOM0.91%$2M177.0K
44VTE1ASURE SOFTWARE INCCOM0.88%$2M146.5K
45RMTROYCE MICRO-CAP TR INCCOM0.87%$2M240.2K
46LOANMANHATTAN BRDG CAP INCCOM0.82%$2M383.9K
47EICEAGLE POINT INCOME COMPANY ICOM0.78%$2M134.2K
48TRGPTARGA RES CORPCOM0.75%$2M24.8K
49FNVFRANCO NEV CORPCOM0.73%$2M12.1K
50BK TECHNOLOGIES CORPORATIONCOM0.72%$2M610.6K

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 ↗.