Asset manager

Kennedy Capital Management LLC

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 884589

Reported value: $5.6bn
Positions we cover: 520
Copy, a year: +11.2%
Copy Sharpe ratio: 0.51

How copying its 13F would have done

CopyS&P 500 $10,000 copying Kennedy Capital Management LLC's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −43.7% (S&P 500 −31.8%); beta 1.14; alpha −3.4% a year (t = −1.09); last 12 months +22.3% against +12.1%.

Reported value by quarter

Kennedy Capital Management LLC: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-06-30	$4.9B
2013-09-30	$5.2B
2013-12-31	$5.4B
2014-03-31	$5.3B
2014-06-30	$5.4B
2014-09-30	$5.1B
2014-12-31	$5.4B
2015-03-31	$5.7B
2015-06-30	$5.6B
2015-09-30	$4.9B
2015-12-31	$4.9B
2016-03-31	$4.9B
2016-06-30	$4.9B
2016-09-30	$5.2B
2016-12-31	$5.7B
2017-03-31	$5.7B
2017-06-30	$5.2B
2017-09-30	$5.5B
2017-12-31	$5.6B
2018-03-31	$5.1B
2018-06-30	$5.4B
2018-09-30	$5.4B
2018-12-31	$4B
2019-03-31	$8.4B
2019-06-30	$4.2B
2019-09-30	$4B
2019-12-31	$4.1B
2020-03-31	$2.7B
2020-06-30	$3.5B
2020-09-30	$3.5B
2020-12-31	$4.4B
2021-03-31	$5B
2021-06-30	$4.7B
2021-09-30	$4.5B
2021-12-31	$4.7B
2022-03-31	$4.2B
2022-06-30	$3.6B
2022-09-30	$3.4B
2022-12-31	$3.5T
2023-03-31	$3.4B
2023-06-30	$4.3B
2023-09-30	$4.1B
2023-12-31	$4.6B
2024-03-31	$4.9B
2024-06-30	$4.7B
2024-09-30	$4.5B
2024-12-31	$4.5B
2025-03-31	$4.2B
2025-06-30	$4.2B
2025-09-30	$4.5B
2025-12-31	$4.7B
2026-03-31	$4.7B
2026-06-30	$5.6B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
MRCYMercury Systems Inc	1.28%	$72.4m	591.8K	+0.4%
VMIValmont Industries Inc	1.11%	$62.8m	108.8K	−24.3% Reduced
CHEFChefs' Warehouse, Inc.	1.11%	$62.7m	652.0K	−3.8% Reduced
RALRalliant Corp	1.10%	$62.4m	848.0K	+12.4% Added
QCRHQCR Holdings Inc	0.97%	$55.0m	565.5K	−15.1% Reduced
ALGMAllegro Microsystems, Inc.	0.85%	$48.0m	689.7K	−24.2% Reduced
TEXTerex Corp	0.84%	$47.7m	658.7K	+14.1% Added
SAROStandardaero, Inc.	0.84%	$47.2m	1.58M	+41.7% Added
PENGPenguin Solutions, Inc.	0.82%	$46.4m	610.7K	−37.6% Reduced
GTESGates Industrial Corp Ltd.	0.81%	$45.7m	1.63M	New
MTRNMaterion Corp	0.78%	$44.2m	148.8K	−10.4% Reduced
HALOHalozyme Therapeutics, Inc.	0.76%	$42.7m	545.0K	+12.5% Added
ONTOOnto Innovation Inc.	0.75%	$42.4m	111.9K	−29.7% Reduced
AXAxos Financial, Inc.	0.73%	$41.5m	426.3K	+84.2% Added
ENSEnersys	0.71%	$40.1m	171.6K	−14.8% Reduced
ICHRIchor Holdings, LTD.	0.71%	$40.1m	357.0K	−56.0% Reduced
WTFCWintrust Financial Corp	0.67%	$37.6m	233.9K	+0.2%
DINOHF Sinclair Corp	0.67%	$37.6m	539.6K	−13.3% Reduced
ALGAlamo Group Inc	0.66%	$37.3m	226.9K	+12.9% Added
FRFirst Industrial Realty Trust Inc	0.65%	$36.8m	600.9K	+27.3% Added
SSBSouthstate Bank Corp	0.61%	$34.4m	344.8K	+78.3% Added
SFStifel Financial Corp	0.59%	$33.4m	478.5K	−1.4% Reduced
DCODucommun Inc	0.58%	$33.1m	178.6K	−4.2% Reduced
CNOBConnectone Bancorp, Inc.	0.58%	$33.0m	985.5K	−2.2% Reduced
SEISolaris Energy Infrastructure, Inc.	0.58%	$32.5m	404.1K	−8.8% Reduced
FULFuller H B Co	0.57%	$32.2m	552.8K	−7.7% Reduced
LIVNLivanova PLC	0.57%	$32.0m	389.1K	+6.8% Added
PSNLPersonalis, Inc.	0.56%	$31.7m	2.36M	+8.3% Added
MGNIMagnite, Inc.	0.56%	$31.6m	1.67M	−4.9% Reduced
CRCrane Co	0.55%	$31.3m	140.4K	−2.3% Reduced
RXORXO, Inc.	0.54%	$30.6m	1.11M	−34.7% Reduced
BOOTBoot Barn Holdings, Inc.	0.53%	$30.0m	182.6K	+23.0% Added
NBHCNational Bank Holdings Corp	0.52%	$29.6m	666.4K	−2.6% Reduced
OSKOshkosh Corp	0.52%	$29.4m	191.9K	+55.0% Added
OSBCOLD Second Bancorp Inc	0.51%	$28.8m	1.24M	−2.5% Reduced
ASTEAstec Industries Inc	0.51%	$28.8m	471.1K	+16.5% Added
CHRDChord Energy Corp	0.51%	$28.7m	251.3K	+122.5% Added
AEISAdvanced Energy Industries Inc	0.48%	$27.2m	72.8K	+154.4% Added
RRCRange Resources Corp	0.48%	$27.1m	729.1K	+2.4% Added
ADUSAddus Homecare Corp	0.47%	$26.5m	264.0K	+4.0% Added
CWSTCasella Waste Systems Inc	0.47%	$26.5m	272.9K	+29.3% Added
TBBKBancorp, Inc.	0.46%	$25.9m	413.8K	+39.5% Added
GOLFAcushnet Holdings Corp.	0.46%	$25.9m	218.6K	+1.9% Added
PATKPatrick Industries Inc	0.45%	$25.6m	285.3K	+20.8% Added
KTBKontoor Brands, Inc.	0.45%	$25.3m	304.0K	+32.7% Added
CVCOCavco Industries, Inc.	0.45%	$25.3m	41.2K	−1.9% Reduced
AHCOAdapthealth Corp.	0.45%	$25.1m	2.41M	−2.4% Reduced
PIPRPiper Sandler Companies	0.44%	$25.0m	345.3K	−2.9% Reduced
NPOEnpro Inc.	0.44%	$25.0m	66.3K	−2.8% Reduced
KWRQuaker Chemical Corp	0.44%	$24.9m	156.9K	−0.7% Reduced
PRGSProgress Software Corp	0.44%	$24.9m	741.9K	+143.3% Added
SRCE1st Source Corp	0.44%	$24.9m	304.8K	−2.8% Reduced
ANIPANI Pharmaceuticals Inc	0.43%	$24.5m	295.9K	+0.7% Added
ATRCAtricure, Inc.	0.42%	$24.0m	857.8K	+2.8% Added
AIZAssurant	0.42%	$24.0m	89.2K	+5.4% Added
AHRAmerican Healthcare Reit, Inc.	0.42%	$23.9m	458.3K	+22.5% Added
KRGKite Realty Group Trust	0.42%	$23.7m	835.9K	+0.4%
EXPEagle Materials Inc	0.41%	$23.5m	104.3K	−1.6% Reduced
SXIStandex International Corp	0.41%	$23.2m	64.8K	−27.3% Reduced
GMEDGlobus Medical Inc	0.39%	$22.0m	278.7K	−39.4% Reduced
LMATLemaitre Vascular Inc	0.39%	$22.0m	228.9K	−3.3% Reduced
GBCIGlacier Bancorp, Inc.	0.39%	$21.9m	424.4K	−19.7% Reduced
RYTMRhythm Pharmaceuticals, Inc.	0.38%	$21.5m	193.2K	+193.6% Added
PFGCPerformance Food Group Co	0.38%	$21.2m	190.0K	+7.7% Added
AAOIApplied Optoelectronics, Inc.	0.38%	$21.2m	143.0K	−48.8% Reduced
SNSharkninja, Inc.	0.37%	$21.1m	138.5K	+0.9% Added
MCBMetropolitan Bank Holding Corp.	0.37%	$21.0m	212.2K	−2.6% Reduced
ITGRInteger Holdings Corp	0.37%	$20.8m	222.6K	−22.6% Reduced
LLYLilly (Eli)	0.37%	$20.8m	17.3K	−12.2% Reduced
LTHLife Time Group Holdings, Inc.	0.37%	$20.7m	507.8K	+12.1% Added
IDAIdacorp Inc	0.36%	$20.5m	135.6K	−2.8% Reduced
PECOPhillips Edison & Company, Inc.	0.35%	$20.1m	481.8K	−3.0% Reduced
HLIOHelios Technologies, Inc.	0.35%	$19.9m	222.7K	−2.8% Reduced
SWXSouthwest Gas Holdings, Inc.	0.34%	$19.4m	218.9K	New
JXNJackson Financial Inc.	0.34%	$19.0m	185.7K	−2.0% Reduced
ICUIICU Medical Inc	0.34%	$19.0m	129.3K	+2.7% Added
SNXTD Synnex Corp	0.33%	$18.9m	70.5K	−44.4% Reduced
LYTSLSI Industries Inc	0.33%	$18.8m	708.8K	+5.2% Added
TCBXThird Coast Bancshares, Inc.	0.33%	$18.5m	458.7K	−1.7% Reduced
CUZCousins Properties Inc	0.33%	$18.5m	616.7K	−2.8% Reduced
EPRTEssential Properties Realty Trust, Inc.	0.32%	$18.3m	612.8K	−3.8% Reduced
ADPTAdaptive Biotechnologies Corp	0.32%	$18.2m	849.8K	−8.8% Reduced
ITTITT Inc.	0.32%	$18.2m	92.2K	−17.6% Reduced
SIGISelective Insurance Group Inc	0.32%	$18.2m	187.5K	+0.3%
RSReliance, Inc.	0.32%	$18.1m	48.4K	+76.2% Added
ACLSAxcelis Technologies Inc	0.32%	$18.0m	95.0K	−46.6% Reduced
HCSGHealthcare Services Group Inc	0.32%	$17.8m	725.6K	−1.9% Reduced
SMSM Energy Co	0.32%	$17.8m	681.9K	−2.8% Reduced
UFPIUFP Industries Inc	0.32%	$17.8m	196.1K	−4.0% Reduced
AUBAtlantic Union Bankshares Corp	0.31%	$17.6m	416.4K	−3.0% Reduced
STRLSterling Infrastructure, Inc.	0.31%	$17.6m	21.0K	−43.2% Reduced
NRIXNurix Therapeutics, Inc.	0.31%	$17.6m	724.5K	+29.1% Added
CORTCorcept Therapeutics Inc	0.31%	$17.6m	202.0K	−33.7% Reduced
PIIPolaris Inc.	0.30%	$17.0m	247.8K	+30.1% Added
RGAReinsurance Group Of America Inc	0.30%	$16.9m	79.6K	+8.0% Added
VPGVishay Precision Group, Inc.	0.30%	$16.9m	112.9K	−1.9% Reduced
NRGNRG Energy	0.30%	$16.9m	115.7K	+68.6% Added
PTGXProtagonist Therapeutics, Inc	0.29%	$16.4m	134.0K	−2.2% Reduced
ABBVAbbVie	0.29%	$16.3m	64.8K	−0.3%
AVYAvery Dennison	0.29%	$16.3m	100.3K	−0.2%
BWINBaldwin Insurance Group, Inc.	0.29%	$16.3m	612.1K	−4.8% Reduced
TXNMTxnm Energy Inc	0.29%	$16.3m	286.3K	−4.4% Reduced
BHEBenchmark Electronics Inc	0.29%	$16.2m	164.6K	−40.4% Reduced
HOMBHome Bancshares Inc	0.28%	$16.1m	563.3K	−35.2% Reduced
CHCTCommunity Healthcare Trust Inc	0.28%	$15.9m	872.4K	−4.3% Reduced
GRBKGreen Brick Partners, Inc.	0.28%	$15.9m	198.3K	−2.8% Reduced
UMBFUMB Financial Corp	0.28%	$15.9m	111.1K	+126.0% Added
GHMGraham Corp	0.28%	$15.7m	127.1K	+16.0% Added
SSDSimpson Manufacturing Co., Inc.	0.28%	$15.6m	74.7K	−2.8% Reduced
AVNTAvient Corp	0.27%	$15.4m	416.6K	−4.4% Reduced
LINELineage, Inc.	0.27%	$15.4m	355.4K	−1.5% Reduced
ICFIICF International, Inc.	0.27%	$15.2m	208.2K	+0.2%
LXPLXP Industrial Trust	0.27%	$15.0m	278.7K	−4.4% Reduced
RIOTRiot Platforms, Inc.	0.27%	$15.0m	547.8K	New
AWRAmerican States Water Co	0.27%	$15.0m	181.3K	−2.8% Reduced
MGTXMeiragtx Holdings plc	0.26%	$14.9m	1.11M	+28.8% Added
BDCBelden Inc.	0.26%	$14.9m	124.2K	−2.8% Reduced
EQBKEquity Bancshares Inc	0.26%	$14.8m	301.8K	−2.8% Reduced
ADMAAdma Biologics, Inc.	0.26%	$14.7m	1.76M	+326.7% Added
DANDana Inc	0.26%	$14.5m	533.4K	−2.8% Reduced
FROGJfrog Ltd	0.26%	$14.4m	158.8K	−1.1% Reduced
NOGNorthern OIL & GAS, Inc.	0.26%	$14.4m	794.4K	−14.5% Reduced
ESABESAB Corp	0.25%	$14.3m	144.8K	+23.1% Added
NAMSNewamsterdam Pharma Co N.V.	0.25%	$14.3m	421.4K	+3.2% Added
NSITInsight Enterprises Inc	0.25%	$14.3m	117.1K	+482.6% Added
UGIUGI Corp	0.25%	$14.2m	411.9K	−2.8% Reduced
FSBCFive Star Bancorp	0.25%	$14.2m	292.2K	−22.6% Reduced
CVBFCVB Financial Corp	0.25%	$14.1m	623.6K	New
SNDASonida Senior Living, Inc.	0.25%	$14.0m	343.5K	New
AGIOAgios Pharmaceuticals, Inc.	0.24%	$13.9m	373.2K	+35.5% Added
UPBDUpbound Group, Inc.	0.24%	$13.8m	652.0K	−2.6% Reduced
AAONAAON, Inc.	0.24%	$13.8m	108.8K	−32.0% Reduced
MKSIMKS Inc	0.24%	$13.8m	31.0K	−15.5% Reduced
MLABMesa Laboratories Inc	0.24%	$13.8m	138.3K	−2.8% Reduced
EFSCEnterprise Financial Services Corp	0.24%	$13.8m	208.9K	−2.8% Reduced
SPXCSPX Technologies, Inc.	0.24%	$13.7m	56.0K	+7.3% Added
QQnity Electronics, Inc.	0.24%	$13.7m	83.9K	−32.0% Reduced
COGTCogent Biosciences, Inc.	0.24%	$13.7m	353.8K	−1.9% Reduced
JNJJohnson & Johnson	0.24%	$13.7m	53.8K	−5.1% Reduced
TRSTrimas Corp	0.24%	$13.6m	302.3K	−19.8% Reduced
NATRNatures Sunshine Products Inc	0.24%	$13.6m	623.8K	−9.8% Reduced
TDYTeledyne Technologies	0.24%	$13.5m	20.2K	+1.5% Added
WCCWesco International Inc	0.24%	$13.4m	38.8K	0.0%
PLXSPlexus Corp	0.23%	$13.2m	44.0K	−42.6% Reduced
NEOGNeogen Corp	0.23%	$13.2m	1.47M	+1.6% Added
EATBrinker International, Inc	0.23%	$13.2m	78.6K	New
CARECarter Bankshares, Inc.	0.23%	$13.1m	384.1K	−14.6% Reduced
CCBCoastal Financial Corp	0.23%	$13.0m	168.3K	+6.0% Added
MYEMyers Industries Inc	0.23%	$13.0m	367.8K	New
DORMDorman Products, Inc.	0.23%	$12.9m	94.5K	New

Company	Bought (value)	Shares
GTESGates Industrial Corp Ltd.	$45.7m	1.63M
SWXSouthwest Gas Holdings, Inc.	$19.4m	218.9K
AXAxos Financial, Inc.	$19.0m	194.9K
AEISAdvanced Energy Industries Inc	$16.5m	44.2K
CHRDChord Energy Corp	$15.8m	138.3K
SSBSouthstate Bank Corp	$15.1m	151.5K
RIOTRiot Platforms, Inc.	$15.0m	547.8K
PRGSProgress Software Corp	$14.7m	437.0K
RYTMRhythm Pharmaceuticals, Inc.	$14.1m	127.4K
CVBFCVB Financial Corp	$14.1m	623.6K
SNDASonida Senior Living, Inc.	$14.0m	343.5K
SAROStandardaero, Inc.	$13.9m	464.2K
EATBrinker International, Inc	$13.2m	78.6K
MYEMyers Industries Inc	$13.0m	367.8K
DORMDorman Products, Inc.	$12.9m	94.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
ICHRIchor Holdings, LTD.	−$51.1m	−454.9K
MTSIMacom Technology Solutions Holdings, Inc.	−$39.7m	−104.5K
PENGPenguin Solutions, Inc.	−$28.0m	−368.7K
VMIValmont Industries Inc	−$20.2m	−35.0K
AAOIApplied Optoelectronics, Inc.	−$20.2m	−136.1K
COHRCoherent Corp.	−$19.1m	−48.4K
ONTOOnto Innovation Inc.	−$17.9m	−47.2K
RXORXO, Inc.	−$16.2m	−587.8K
IESCIES Holdings, Inc.	−$15.7m	−33.0K
ACLSAxcelis Technologies Inc	−$15.7m	−83.0K
ALGMAllegro Microsystems, Inc.	−$15.3m	−220.4K
AITApplied Industrial Technologies Inc	−$15.2m	−44.9K
SNXTD Synnex Corp	−$15.1m	−56.3K
GMEDGlobus Medical Inc	−$14.3m	−181.6K
STRLSterling Infrastructure, Inc.	−$13.4m	−16.0K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
IESCIES Holdings, Inc.	$15.7m	33.0K
YETIYeti Holdings, Inc.	$11.7m	318.6K
ELFE.l.f. Beauty, Inc.	$8.7m	143.4K
NATLNCR Atleos Corp	$8.6m	196.7K
CRSCarpenter Technology Corp	$8.2m	20.9K
VNTVontier Corp	$5.9m	167.3K
AVTXAvalo Therapeutics, Inc.	$5.8m	388.0K
APLDApplied Digital Corp.	$5.7m	240.9K
CIFRCipher Digital Inc.	$5.5m	428.1K
WLTHWealthfront Corp	$5.5m	593.3K
INBXInhibrx Biosciences, Inc.	$4.9m	72.8K
RYANRyan Specialty Holdings, Inc.	$4.4m	131.8K
GEHCGE HealthCare	$4.0m	55.9K
BRBRBellring Brands, Inc.	$3.9m	239.4K
BCOBrinks Co	$3.7m	35.3K
FIXComfort Systems USA	$3.6m	2.6K
CPRTCopart	$3.4m	103.3K
LYBLyondellBasell	$3.4m	41.6K
NRIMNorthrim Bancorp Inc	$3.3m	143.5K
ALABAstera Labs, Inc.	$3.2m	29.5K
MATWMatthews International Corp	$3.0m	116.1K
THRMGentherm Inc	$3.0m	107.9K
AEHRAehr Test Systems	$2.8m	76.0K
PACKRanpak Holdings Corp.	$2.6m	729.2K
PSNParsons Corp	$2.6m	47.1K
INTAIntapp, Inc.	$2.3m	90.1K
MPAAMotorcar Parts Of America Inc	$2.3m	206.4K
AMSCAmerican Superconductor Corp	$2.2m	66.2K
WGSGenedx Holdings Corp.	$2.2m	34.6K
SMBCSouthern Missouri Bancorp, Inc.	$1.2m	18.8K

Industrials20.3%
Health Care19.8%
Financials17.3%
Technology14.5%
Consumer Discretionary7.3%
Real Estate5.9%
Materials4.6%
Energy4.3%
Utilities2.7%
Consumer Staples2.5%
Communication Services0.8%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 16, 2013 to November 2, 2026	+11.2%	+14.1%	0.51	0.78	−43.7%	1.14
2018 onwardsJanuary 5, 2018 to November 2, 2026	+8.9%	+13.9%	0.36	0.66	−43.7%	1.14
Last three yearsNovember 3, 2023 to November 2, 2026	+18.5%	+21.8%	0.80	1.16	−21.8%	0.94
Last yearNovember 7, 2025 to November 2, 2026	+23.3%	+14.2%	1.21	0.84	−9.6%	0.69

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.