SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Walthausen & Co., LLC

CIK 0001483339 · 2691 ROUTE 9, SUITE 102, MALTA, NY, 12020 · (518) 371-3450

Reported Value
$482M
Q3 2020
Positions
132
Filings on Record
18
2019–present window
Filed
Nov 12, 2020
original filing

Summary

Walthausen & Co., LLC reported $482M in U.S.-listed holdings across 132 positions for Q3 2020.

Its largest position, DAR, represents 2.5% of the portfolio.

Compared with Q2 2020, the fund opened 15 new positions and exited 11.

Portfolio Metrics

Turnover
+14.0%
vs prior filed quarter
Top-10 Concentration
+17.3%
share of reported value
Largest Position
+2.5%
Darling Ingredients
New / Exited
15 / 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: $722MQ4 ’18Q1 ’19: $769MQ2 ’19: $757MQ2 ’19Q3 ’19: $722MQ4 ’19: $763MQ4 ’19Q1 ’20: $467MQ2 ’20: $493MQ2 ’20Q3 ’20: $482MQ4 ’20: $367MQ4 ’20Q1 ’21: $474MQ2 ’21: $927MQ2 ’21Q3 ’21: $395MQ4 ’21: $381MQ4 ’21Q1 ’22: $354MQ2 ’22: $223MQ2 ’22Q3 ’22: $120Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.7%Other: 6.9%REIT: 3.4%
  • Common Stock · 89.7% · $432M
  • Other · 6.9% · $33M
  • REIT · 3.4% · $17M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Axis Capital Holdings LimitedNEW+172.5K172.5K+$8M$8M
Triton International LtdNEW+151.3K151.3K+$6M$6M
DLXDeluxe CorpNEW+156.0K156.0K+$4M$4M
SPARUSDShyft Group IncNEW+168.8K168.8K+$3M$3M
Textainer Group Holdings LtdNEW+174.3K174.3K+$2M$2M
SBG1Seacoast Bank Corp of FloridaNEW+110.2K110.2K+$2M$2M
GMREUSDGlobal Medical REIT IncNEW+142.5K142.5K+$2M$2M
OSISOSI Systems IncNEW+22.5K22.5K+$2M$2M

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

Holdings — Q3 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DARDarling Ingredients Inchistory →Com2.54%$12M340.2K
2MGRCMcGrath Rentcorphistory →Com2.32%$11M187.8K
3ILPTIndustrial Logistics Propertiehistory →Com1.64%$8M361.9K
4EHCEncompass Health Corporationhistory →Com1.62%$8M120.0K
5Axis Capital Holdings LimitedCom1.58%$8M172.5K
6EMEEMCOR Group Inchistory →Com1.54%$7M109.9K
7GLDDGreat Lakes Dredge & Dock Corphistory →Com1.54%$7M779.4K
8WSFSWSFS Financial Corphistory →Com1.53%$7M273.7K
9Essent Group LimitedCom1.52%$7M197.7K
10COLBColumbia Banking Systems Inchistory →Com1.45%$7M292.8K
11SF9Sanderson Farms Inchistory →Com1.44%$7M59.0K
12A3IAmerisafe Inchistory →Com1.42%$7M119.2K
13PRIPrimerica Inchistory →Com1.41%$7M60.2K
14MDC1USDMDC Holdings Inchistory →Com1.40%$7M143.6K
15ITTITT Corporationhistory →Com1.38%$7M112.6K
16TPRTapestry Inchistory →Com1.38%$7M424.5K
17ONTOOnto Innovation Inchistory →Com1.37%$7M221.2K
18Sterling BancorpCom1.35%$7M619.3K
19MMSMaximus Inchistory →Com1.35%$7M95.2K
20CASYCasey's General Store Inchistory →Com1.35%$6M36.5K
21CVCOCavco Industries Inchistory →Com1.33%$6M35.7K
22FAFFirst American Financial Corphistory →Com1.32%$6M124.9K
23MOG/AMoog Inchistory →Com1.31%$6M99.6K
24MLIMueller Industries Inchistory →Com1.29%$6M229.5K
25Triton International LtdCom1.28%$6M151.3K
26PACWUSDPacwest Bancorphistory →Com1.26%$6M355.7K
27MMSIMerit Medical Systems Inchistory →Com1.21%$6M133.8K
28LCIILCI Industrieshistory →Com1.18%$6M53.3K
29OSKOshkosh Corporationhistory →Com1.16%$6M75.9K
30AMRCAmeresco Inchistory →Com1.16%$6M166.8K
31MLRMiller Industries Inchistory →Com1.15%$6M181.2K
32UMHUMH Properties Inchistory →Com1.15%$6M408.7K
33ALNTAllied Motion Technologies Inchistory →Com1.13%$5M131.9K
34GSBCGreat Southern Bancorphistory →Com1.10%$5M145.9K
35MTRNMaterion Corphistory →Com1.09%$5M101.4K
36LDELandec Corporationhistory →Com1.08%$5M537.2K
37NWENorthwestern Corphistory →Com1.08%$5M107.1K
38CACCamden National Corphistory →Com1.08%$5M172.3K
39KELYAKelly Services IncCom1.00%$5M282.7K
40AZZAZZ IncCom1.00%$5M140.7K
41SCLStepan CoCom0.99%$5M43.9K
42STCStewart Information Services CCom0.99%$5M108.9K
43CVBFCVB Financial CorpCom0.93%$5M270.8K
44KLICKulicke & Soffa Industries IncCom0.91%$4M196.0K
45KEKimball Electronics IncCom0.91%$4M379.2K
46CHCOCity Holding CompanyCom0.89%$4M74.7K
47AWRAmerican States Water CompanyCom0.88%$4M56.7K
48CBUCommunity Bank Systems IncCom0.88%$4M77.8K
49SYBTStock Yard Bancorp IncCom0.88%$4M124.1K
50SLGNSilgan Holdings IncCom0.87%$4M113.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2022$120M95Nov 14, 2022RESTATEMENTchanges · EDGAR ↗
Q2 2022$223M140Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$354M140May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$381M141Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$395M141Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021REVEALED$927M286Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$474M141May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$367M137Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$482M132Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$493M128Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$467M128May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$763M139Feb 18, 202013F-HRchanges · EDGAR ↗
Q3 2019$722M137Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$757M137Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$769M137May 10, 201913F-HRchanges · EDGAR ↗
Q4 2018$722M138Feb 22, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • The Bank of NY Mellon028-12592

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 ↗.