SEC 13F Intelligence

Managers / Q1 2026

Acuitas Investments, LLC

CIK 0001524828 · 520 PIKE STREET, SUITE 1221, SEATTLE, WA, 98101 · 206-299-2070

Reported Value
$1M
Q1 2026
Positions
9
Filings on Record
30
2019–present window
Filed
Apr 29, 2026
original filing

Summary

Acuitas Investments, LLC reported $1M in U.S.-listed holdings across 9 positions for Q1 2026.

The portfolio is heavily concentrated: SLB alone accounts for 29.9% of reported value.

Compared with Q4 2025, the fund opened 9 new positions and exited 1.

Portfolio Metrics

Turnover
+52.1%
vs prior filed quarter
Largest Position
+29.9%
Slb Limited
New / Exited
9 / 1
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
Q2 ’20: $80MQ2 ’20Q3 ’20: $143MQ4 ’20: $154MQ1 ’21: $174MQ1 ’21Q2 ’21: $200MQ3 ’21: $229MQ4 ’21: $235MQ4 ’21Q1 ’22: $106MQ2 ’22: $83MQ3 ’22: $96MQ3 ’22Q4 ’22: $99MQ1 ’23: $97MQ2 ’23: $172MQ2 ’23Q3 ’23: $170MQ4 ’23: $192MQ1 ’24: $198MQ1 ’24Q2 ’24: $187MQ3 ’24: $224MQ4 ’24: $122MQ4 ’24Q1 ’25: $117MQ2 ’25: $126MQ3 ’25: $156MQ3 ’25Q1 ’26: $1Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 58.5%ADR: 41.5%
  • Common Stock · 58.5% · $824,404
  • ADR · 41.5% · $585,031

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SLBSLB LIMITEDNEW+8.2K8.2K+$421,398$421,398
VTMXVESTA REAL ESTATE CORPNEW+8.9K8.9K+$296,726$296,726
MCHXMARCHEX INCNEW+133.7K133.7K+$207,238$207,238
CRESYCRESUD S A C I F Y ANEW+10.0K10.0K+$127,200$127,200
NFGCNEW FOUND GOLD CORPNEW+65.0K65.0K+$126,100$126,100
BBDBANCO BRADESCO S ANEW+31.9K31.9K+$116,435$116,435
BRBIBRBI BR PARTNERS SANEW+3.0K3.0K+$44,670$44,670
KLTRKALTURA INCNEW+30.0K30.0K+$36,600$36,600

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

Holdings — Q1 2026

9 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SLBSLB LIMITEDhistory →COM STK29.90%$421,3988.2K
2VTMXVESTA REAL ESTATE CORPhistory →ADS21.05%$296,7268.9K
3MCHXMARCHEX INChistory →CL B14.70%$207,238133.7K
4CRESYCRESUD S A C I F Y Ahistory →SPONSORED ADR9.02%$127,20010.0K
5NFGCNEW FOUND GOLD CORPhistory →COM8.95%$126,10065.0K
6BBDBANCO BRADESCO S Ahistory →SP ADR PFD NEW8.26%$116,43531.9K
7BRBIBRBI BR PARTNERS SAhistory →SPONSORED ADR3.17%$44,6703.0K
8KLTRKALTURA INChistory →COM2.60%$36,60030.0K
9GDDYGODADDY INChistory →CL A2.35%$33,068400

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1M9Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025Under review1Jan 27, 202613F-HRchanges · EDGAR ↗
Q3 2025$156M52Nov 18, 2025RESTATEMENTchanges · EDGAR ↗
Q2 2025$126M53Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$117M66Apr 28, 202513F-HRchanges · EDGAR ↗
Q4 2024$122M63Jan 31, 202513F-HRchanges · EDGAR ↗
Q3 2024$224M117Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$187M119Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$198M123May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$192M117Feb 2, 202413F-HRchanges · EDGAR ↗
Q3 2023$170M115Oct 27, 202313F-HRchanges · EDGAR ↗
Q2 2023$172M107Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$97M41May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$99M40Feb 6, 202313F-HRchanges · EDGAR ↗
Q3 2022$96M42Nov 2, 202213F-HRchanges · EDGAR ↗
Q2 2022$83M31Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$106M32May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$235M66Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$229M68Oct 27, 202113F-HRchanges · EDGAR ↗
Q2 2021$200M69Aug 24, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$174M72May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$154M66Feb 4, 202113F-HRchanges · EDGAR ↗
Q3 2020$143M65Nov 9, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2020$80M38Aug 11, 202013F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 21 additional managers.

  • ClariVest Asset Management LLC028-12126
  • Pacific Ridge Capital Partners, LLC028-15835
  • Ranger Investment Management, L.P.028-11311
  • JCSD Capital, LLC028-16516
  • GLOBEFLEX CAPITAL L P028-04886
  • Granahan Investment Management, LLC028-05876
  • Tieton Capital Management, LLC028-14613
  • Meros Investment Management, LP028-22239
  • Informed Momentum Co LLC028-14070
  • Bridge City Capital, LLC028-18105
  • Riverwater Partners LLC028-21541
  • KENNEDY CAPITAL MANAGEMENT LLC028-03133
  • DIAMOND HILL CAPITAL MANAGEMENT INC028-10648
  • Peapod Lane Capital LLC028-24668
  • NEXT CENTURY GROWTH INVESTORS LLC028-06277
  • POLEN CAPITAL MANAGEMENT LLC028-03687
  • Copeland Capital Management, LLC028-14668
  • Dean Capital Management028-13367
  • SIGNIA CAPITAL MANAGEMENT LLC028-12115
  • WEBER CAPITAL MANAGEMENT LLC /ADV028-26015
  • Seven Canyons Advisors, LLC

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 ↗.