SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Acuitas Investments, LLC

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

Reported Value
$83M
Q2 2022
Positions
31
Filings on Record
30
2019–present window
Filed
Aug 3, 2022
original filing

Summary

Acuitas Investments, LLC reported $83M in U.S.-listed holdings across 31 positions for Q2 2022.

Its largest position, TRC, represents 6.4% of the portfolio.

Compared with Q1 2022, the fund opened 4 new positions and exited 5.

Portfolio Metrics

Turnover
+12.8%
vs prior filed quarter
Top-10 Concentration
+51.9%
share of reported value
Largest Position
+6.4%
Tejon Ranch
New / Exited
4 / 5
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: 80.7%REIT: 9.6%Other: 6.0%ADR: 3.7%
  • Common Stock · 80.7% · $67M
  • REIT · 9.6% · $8M
  • Other · 6.0% · $5M
  • ADR · 3.7% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HROWHARROW HEALTH INCNEW+293.6K293.6K+$2M$2M
TILEINTERFACE INCNEW+143.7K143.7K+$2M$2M
BLFSBIOLIFE SOLUTIONS INCNEW+104.0K104.0K+$1M$1M
HLXHELIX ENERGY SOLUTIONS GRP INEW+419.4K419.4K+$1M$1M
TBBKBANCORP INC DELADDED+115.5K209.6K+$1M$4M
USA TRUCK INCSOLD OUT−191.2K0−$4M$0
TILLYS INCSOLD OUT−246.3K0−$2M$0
SCZISHARES TRSOLD OUT−17.6K0−$1M$0

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

Holdings — Q2 2022

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TRCTEJON RANCH COhistory →COM6.39%$5M341.2K
2INBKFIRST INTERNET BANCORPhistory →COM6.01%$5M135.2K
3YATRA ONLINE INCORD SHS6.00%$5M2.21M
4POWLPOWELL INDS INChistory →COM5.53%$5M196.0K
5PETIQ INCCOM CL A4.96%$4M244.8K
6TBBKBANCORP INC DELhistory →COM4.94%$4M209.6K
7FSPFRANKLIN STR PPTYS CORPhistory →COM4.83%$4M959.2K
8ALEXALEXANDER & BALDWIN INC NEWhistory →COM4.80%$4M221.3K
9TTITETRA TECHNOLOGIES INC DELhistory →COM4.44%$4M905.5K
10NOANORTH AMERN CONSTR GROUP LTDhistory →COM3.98%$3M298.3K
11STRLSTERLING INFRASTRUCTURE INChistory →COM3.92%$3M148.2K
12VLRSCONTROLADORA VUELA COMP DE Ahistory →SPON ADR RP 103.71%$3M299.2K
13NGVCNATURAL GROCERS BY VITAMIN Chistory →COM3.65%$3M189.4K
14SEISOLARIS OILFIELD INFRASTRUCThistory →COM CL A3.05%$3M232.2K
15SLRCSLR INVESTMENT CORPhistory →COM2.97%$2M168.2K
16NGSNATURAL GAS SVCS GROUP INChistory →COM2.96%$2M223.0K
17HAYNES INTL INCCOM NEW2.85%$2M72.2K
18ORION ENERGY SYS INCCOM2.81%$2M1.16M
19TASEKO MINES LTDCOM2.77%$2M2.12M
20TRUECAR INCCOM2.68%$2M856.8K
21PTENPATTERSON-UTI ENERGY INChistory →COM2.67%$2M140.5K
22HRTGHERITAGE INSURANCE HLDGS INChistory →COM2.65%$2M830.3K
23HROWHARROW HEALTH INChistory →COM2.58%$2M293.6K
24TILEINTERFACE INChistory →COM2.18%$2M143.7K
25ANDEANDERSONS INChistory →COM2.15%$2M54.0K
26BLFSBIOLIFE SOLUTIONS INChistory →COM NEW1.73%$1M104.0K
27HLXHELIX ENERGY SOLUTIONS GRP Ihistory →COM1.57%$1M419.4K
28RELLRICHARDSON ELECTRS LTDCOM0.47%$391,00026.7K
29RUSHARUSH ENTERPRISES INCCL A0.30%$251,0005.2K
30OOMAOOMA INCCOM0.23%$189,00016.0K
31SMLRSEMLER SCIENTIFIC INCCOM0.20%$163,0005.8K

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 17 additional managers.

  • ClariVest Asset Management LLC028-12126
  • Monarch Partners Asset Management LLC028-15158
  • Pacific Ridge Capital Partners, LLC028-15835
  • Ranger Investment Management, L.P.028-11311
  • JCSD Capital, LLC028-16516
  • Walthausen & Co., LLC028-13672
  • AltraVue Capital, LLC028-19044
  • GLOBEFLEX CAPITAL L P028-04886
  • PZENA INVESTMENT MANAGEMENT LLC028-03791
  • Granahan Investment Management, LLC028-05876
  • Tieton Capital Management, LLC028-14613
  • MACKENZIE FINANCIAL CORP028-05178
  • Plaisance Capital LLC028-20262
  • Meros Investment Management, LP028-22239
  • TimesSquare Capital Management, LLC028-11092
  • SIGNIA CAPITAL MANAGEMENT LLC028-12115
  • 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 ↗.