Heartland Advisors

Heartland Value Fund Portfolio Holdings

1/31/2025

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TickerHolding% of Net AssetsIndustry
GTLSChart Industries, Inc.3.08Machinery
TCBITexas Capital Bancshares, Inc.2.75Banks
LINCLincoln Educational Services Corp.2.68Diversified Consumer Services
CCBGCapital City Bank Group, Inc.2.57Banks
BBSIBarrett Business Services, Inc.2.47Professional Services
IIIVi3 Verticals, Inc. Class A2.20Financial Services
SIMOSilicon Motion Technology Corp. (ADR)2.07Semiconductors & Semiconductor Equipment
XRAYDENTSPLY SIRONA, Inc.2.00Health Care Equipment & Supplies
NSANational Storage Affiliates Trust1.88Specialized REITs
NWPXNorthwest Pipe Co.1.84Construction & Engineering
CASSCass Information Systems, Inc. 1.80Financial Services
HOM-U CNBSR Real Estate Investment Trust1.70Residential REITs
MTGMGIC Investment Corp.1.62Financial Services
MHKMohawk Industries, Inc.1.55Household Durables
NGDNew Gold Inc.1.53Metals & Mining
RDNRadian Group, Inc.1.51Financial Services
VNOMViper Energy, Inc.1.48Oil Gas & Consumable Fuels
PRIMPrimoris Services Corp1.46Construction & Engineering
CCSCentury Communities, Inc.1.45Household Durables
CSVCarriage Services, Inc.1.42Diversified Consumer Services
CGAUCenterra Gold, Inc1.42Metals & Mining
TCBKTriCo Bancshares1.39Banks
EZPWEzcorp, Inc. (Class A)1.37Consumer Finance
UGIUGI Corporation1.36Gas Utilities
ASBAssociated Banc-Corp.1.27Banks
IGICInternational General Insurance Holdings, Ltd.1.27Insurance
GBCIGlacier Bancorp, Inc.1.26Banks
LEUCentrus Energy Corp (Class A)1.15Oil Gas & Consumable Fuels
TFXTeleflex Incorporated1.14Health Care Equipment & Supplies
SEESealed Air Corporation1.10Containers & Packaging
PBPBPotbelly Corp.1.10Hotels Restaurants & Leisure
HAEHaemonetics Corp.1.09Health Care Equipment & Supplies
CUBICustomers Bancorp, Inc.1.08Banks
SBCFSeacoast Banking Corp. of Florida1.08Banks
FORForestar Group, Inc.1.06Real Estate Management & Development
STCStewart Information Services Corporation1.03Insurance
CTBICommunity Trust Bancorp, Inc.1.02Banks
EGOEldorado Gold Corp.0.96Metals & Mining
SKXSkechers U.S.A., Inc. (Class A)0.96Textiles Apparel & Luxury Goods
PLYMPlymouth Industrial REIT Inc.0.96Industrial REITs
PRGOPerrigo Co. PLC0.95Pharmaceuticals
PCYOPure Cycle Corporation0.93Water Utilities
ALKAlaska Air Group, Inc.0.93Passenger Airlines
CMCOColumbus McKinnon Corporation0.92Machinery
NOVNOV, Inc.0.91Energy Equipment & Services
HXLHexcel Corporation0.91Aerospace & Defense
PINEAlpine Income Property Trust, Inc.0.90Diversified REITs
MGYMagnolia Oil & Gas Corporation (Class A)0.90Oil Gas & Consumable Fuels
AUDCAudioCodes Ltd.0.90Communications Equipment
DNOWDNOW, Inc.0.89Trading Companies & Distributors
HFWAHeritage Financial Corp.0.89Banks
KWRQuaker Chemical Corp0.89Chemicals
NFGNational Fuel Gas Co.0.89Gas Utilities
PCHPotlatchDeltic Corp. 0.88Specialized REITs
INBKFirst Internet Bancorp0.82Banks
TIPTTiptree Inc.0.82Insurance
HNRGHallador Energy Company0.81Oil Gas & Consumable Fuels
ITGRInteger Holdings Corporation0.81Health Care Equipment & Supplies
CTOSCustom Truck One Source Inc.0.77Trading Companies & Distributors
LSEALandsea Homes Corp0.74Household Durables
MDI CNMajor Drilling Group International, Inc.0.73Metals & Mining
PLABPhotronics, Inc.0.73Semiconductors & Semiconductor Equipment
CTLPCantaloupe, Inc.0.72Financial Services
THRThermon Group Holdings, Inc0.70Electrical Equipment
LNR CNLinamar Corp.0.69Automobile Components
ECPGEncore Capital Group, Inc.0.69Consumer Finance
CWCOConsolidated Water Co., Ltd.0.66Water Utilities
ASOAcademy Sports and Outdoors, Inc.0.66Specialty Retail
GTESGates Industrial Corporation plc0.65Machinery
THOThor Industries, Inc.0.65Automobiles
OECOrion SA0.62Chemicals
KNFKnife River Corp0.59Construction Materials
MRTNMarten Transport, Ltd.0.58Ground Transportation
ORIOld Republic International Corporation0.58Insurance
ARAYAccuray, Inc.0.58Health Care Equipment & Supplies
ALEXAlexander & Baldwin Inc0.56Diversified REITs
HCSGHealthcare Services Group Inc0.56Commercial Services & Supplies
ASTEAstec Industries, Inc.0.55Machinery
DKDelek US Holdings, Inc.0.54Oil Gas & Consumable Fuels
PESIPerma-Fix Environmental Services Inc. 0.52Commercial Services & Supplies
INFUInfuSystem Holdings, Inc.0.51Health Care Providers & Services
FMCFMC Corporation0.49Chemicals
SEBSeaboard Corporation0.49Food Products
BHEBenchmark Electronics, Inc. 0.49Electronic Equipment Instruments & Components
SAICScience Applications International Corp.0.48Professional Services
STKLSunOpta Inc.0.46Food Products
EVTCEVERTEC, Inc.0.45Financial Services
MOFGMidWestOne Financial Group Inc.0.42Banks
HSONHudson Global, Inc.0.40Professional Services
MCSMarcus Corporation (Class A)0.38Entertainment
WWayfair, Inc. Class A0.34Specialty Retail
MAMAMama's Creations, Inc.0.29Food Products
LTRXLantronix, Inc.0.27Communications Equipment
HBIOHarvard Bioscience, Inc.0.26Life Sciences Tools & Services
TWINTwin Disc Inc0.26Machinery
QUADQuad/Graphics, Inc. (Class A)0.26Commercial Services & Supplies
ASTLAlgoma Steel Group Inc.0.21Metals & Mining
STSensata Technologies Holding PLC0.17Electrical Equipment

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©2025 Heartland Advisors | 790 N. Water Street, Suite 1200, Milwaukee, WI 53202 | Business Office: 414-347-7777 | Financial Professionals: 888-505-5180 | Individual Investors: 800-432-7856

Portfolio holdings are subject to change. Current and future portfolio holdings are subject to risk.

Portfolio holdings exclude cash, cash equivalents, options, and futures.

The Heartland Funds are distributed by ALPS Distributors, Inc.

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