SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Walthausen & Co., LLC

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

Reported Value
$381M
Q4 2021
Positions
141
Filings on Record
18
2019–present window
Filed
Feb 11, 2022
original filing

Summary

Walthausen & Co., LLC reported $381M in U.S.-listed holdings across 141 positions for Q4 2021.

Its largest position, MERC, represents 1.4% of the portfolio.

Compared with Q3 2021, the fund opened 11 new positions and exited 11.

Portfolio Metrics

Turnover
+11.5%
vs prior filed quarter
Top-10 Concentration
+12.3%
share of reported value
Largest Position
+1.4%
Mercer Int L
New / Exited
11 / 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: 92.1%Other: 4.5%REIT: 3.4%
  • Common Stock · 92.1% · $351M
  • Other · 4.5% · $17M
  • REIT · 3.4% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TWITitan International IncNEW+262.5K262.5K+$3M$3M
CPKChesapeake Utilities CorpNEW+19.6K19.6K+$3M$3M
BSFAANI Pharmaceuticals IncNEW+61.5K61.5K+$3M$3M
TRSTrimas Corp.NEW+71.5K71.5K+$3M$3M
ALGAlamo Group IncorporatedNEW+17.5K17.5K+$3M$3M
PUMPPropetro Holding CorpNEW+295.9K295.9K+$2M$2M
LXULSB Industries IncNEW+211.3K211.3K+$2M$2M
PATKPatrick Industries IncNEW+27.8K27.8K+$2M$2M

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

Holdings — Q4 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MERCMercer Int'l Inchistory →Com1.44%$6M458.8K
2AGMFederal Agricultural Mortgagehistory →Com1.44%$5M44.3K
3GLDDGreat Lakes Dredge & Dock Corphistory →Com1.40%$5M340.2K
4CACCamden National Corphistory →Com1.35%$5M106.7K
5GSBCGreat Southern Bancorphistory →Com1.26%$5M80.7K
6KEKimball Electronics Inchistory →Com1.21%$5M211.3K
7ALNTAllied Motion Technologies Inchistory →Com1.20%$5M125.7K
8CNXCConcentrix Corp.history →Com1.02%$4M21.8K
9Textainer Group Holdings LtdCom0.99%$4M105.7K
10CVCOCavco Industries IncCom0.97%$4M11.6K
11KEXKirby CorporationCom0.96%$4M61.8K
12SKYSkyline Champion CorpCom0.96%$4M46.2K
13HCCIUSDHeritage Crystal Clean IncCom0.94%$4M111.8K
14CLFCleveland-Cliffs IncCom0.93%$4M162.3K
15UMHUMH Properties IncCom0.92%$4M128.4K
16CMCCommercial Metals CoCom0.91%$3M95.4K
17HUBGHub Group IncCom0.90%$3M40.8K
18SBG1Seacoast Bank Corp of FloridaCom0.90%$3M96.5K
19BECNUSDBeacon Roofing Supply IncCom0.89%$3M59.1K
20VVVValvoline IncCom0.88%$3M89.8K
21THFFFirst Financial CorpCom0.87%$3M73.4K
22RRyder System IncCom0.87%$3M40.2K
23WASHWashington Trust Bancorp IncCom0.87%$3M58.6K
24PACWUSDPacwest BancorpCom0.86%$3M72.9K
25NBTBNBT Bancorp IncCom0.86%$3M85.4K
26FBNCFirst Bancorp N.C.Com0.86%$3M71.7K
27HTLFEURHeartland Financial USA IncCom0.86%$3M64.6K
28VSECVSE CorpCom0.84%$3M52.4K
29CHCOCity Holding CompanyCom0.84%$3M39.0K
30VPGVishay Precision Group IncCom0.84%$3M85.8K
31MNROMonro Muffler Brake IncCom0.83%$3M54.6K
32MEIMethode Electronics IncCom0.83%$3M64.7K
33TN1Tennant CompanyCom0.83%$3M39.2K
34MTRNMaterion CorpCom0.82%$3M34.1K
35VSTOEURVista Outdoor IncCom0.79%$3M65.6K
363TYTitan Machinery IncCom0.79%$3M89.6K
37STCStewart Information Services CCom0.79%$3M37.9K
38INDBIndependent Bank CorpCom0.79%$3M36.9K
39SEBSeaboard CorpCom0.79%$3M765
40GVAGranite Construction IncCom0.79%$3M77.7K
41WSBCWesbanco IncCom0.79%$3M85.8K
42HWCHancock Whitney CorporationCom0.78%$3M59.6K
43HBNCHorizon Bancorp IncCom0.78%$3M142.7K
44SCVLEURShoe Carnival IncCom0.78%$3M75.9K
45Signet Jewelers LimitedCom0.78%$3M34.1K
46WSFSWSFS Financial CorpCom0.78%$3M59.0K
47OCFCOceanfirst Financial CorpCom0.77%$3M132.8K
48WBSWebster Financial CorpCom0.76%$3M52.1K
49ALITEURAlight IncCom0.76%$3M269.2K
50DLHCDLH Holdings CorpCom0.76%$3M140.3K

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 ↗.