Heartland Advisors

Heartland Value Fund Portfolio Holdings

12/31/2024

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TickerHolding% of Net AssetsIndustry
GTLSChart Industries, Inc.2.8Machinery
TCBITexas Capital Bancshares, Inc.2.8Banks
BBSIBarrett Business Services, Inc.2.7Professional Services
LINCLincoln Educational Services Corp.2.7Diversified Consumer Services
CCBGCapital City Bank Group, Inc.2.6Banks
SIMOSilicon Motion Technology Corp. (ADR)2.1Semiconductors & Semiconductor Equipment
IIIVi3 Verticals, Inc. Class A2.1Financial Services
PRIMPrimoris Services Corp2.0Construction & Engineering
NSANational Storage Affiliates Trust2.0Specialized REITs
HOM-U CNBSR Real Estate Investment Trust1.9Residential REITs
NWPXNorthwest Pipe Co.1.9Construction & Engineering
RDNRadian Group, Inc.1.6Financial Services
PRMBPrimo Brands Corp (Class A)1.6Beverages
VNOMViper Energy, Inc.1.6Oil Gas & Consumable Fuels
CASSCass Information Systems, Inc. 1.6Financial Services
MHKMohawk Industries, Inc.1.5Household Durables
MTGMGIC Investment Corp.1.5Financial Services
XRAYDENTSPLY SIRONA, Inc.1.5Health Care Equipment & Supplies
IGICInternational General Insurance Holdings, Ltd.1.5Insurance
CCSCentury Communities, Inc.1.4Household Durables
EZPWEzcorp, Inc. (Class A)1.4Consumer Finance
CSVCarriage Services, Inc.1.4Diversified Consumer Services
TCBKTriCo Bancshares1.4Banks
PDCOPatterson Companies, Inc.1.4Health Care Providers & Services
PRGOPerrigo Co. PLC1.3Pharmaceuticals
CGAUCenterra Gold, Inc1.3Metals & Mining
GBCIGlacier Bancorp, Inc.1.3Banks
NGDNew Gold Inc.1.3Metals & Mining
UGIUGI Corporation1.3Gas Utilities
ASBAssociated Banc-Corp.1.2Banks
FORForestar Group, Inc.1.2Real Estate Management & Development
SEESealed Air Corporation1.1Containers & Packaging
STCStewart Information Services Corporation1.1Insurance
PINEAlpine Income Property Trust, Inc.1.1Diversified REITs
SBCFSeacoast Banking Corp. of Florida1.1Banks
CWB CNCanadian Western Bank1.1Banks
CTBICommunity Trust Bancorp, Inc.1.0Banks
PCYOPure Cycle Corporation1.0Water Utilities
LEUCentrus Energy Corp (Class A)1.0Oil Gas & Consumable Fuels
NOVNOV, Inc.0.9Energy Equipment & Services
INBKFirst Internet Bancorp0.9Banks
MGYMagnolia Oil & Gas Corporation (Class A)0.9Oil Gas & Consumable Fuels
HXLHexcel Corporation0.9Aerospace & Defense
HNRGHallador Energy Company0.9Oil Gas & Consumable Fuels
PCHPotlatchDeltic Corp. 0.9Specialized REITs
AUDCAudioCodes Ltd.0.9Communications Equipment
TIPTTiptree Inc.0.9Insurance
SKXSkechers U.S.A., Inc. (Class A)0.9Textiles Apparel & Luxury Goods
HFWAHeritage Financial Corp.0.9Banks
CTLPCantaloupe, Inc.0.9Financial Services
PBPBPotbelly Corp.0.9Hotels Restaurants & Leisure
ALKAlaska Air Group, Inc.0.8Passenger Airlines
PLYMPlymouth Industrial REIT Inc.0.8Industrial REITs
DNOWDNOW, Inc.0.8Trading Companies & Distributors
NFGNational Fuel Gas Co.0.8Gas Utilities
ITGRInteger Holdings Corporation0.8Health Care Equipment & Supplies
LSEALandsea Homes Corp0.8Household Durables
PLABPhotronics, Inc.0.8Semiconductors & Semiconductor Equipment
CTOSCustom Truck One Source Inc.0.7Trading Companies & Distributors
THRThermon Group Holdings, Inc0.7Electrical Equipment
MDI CNMajor Drilling Group International, Inc.0.7Metals & Mining
KWRQuaker Chemical Corp0.7Chemicals
LNR CNLinamar Corp.0.7Automobile Components
OECOrion SA0.7Chemicals
GTESGates Industrial Corporation plc0.7Machinery
CUBICustomers Bancorp, Inc.0.6Banks
THOThor Industries, Inc.0.6Automobiles
HCSGHealthcare Services Group Inc0.6Commercial Services & Supplies
KNFKnife River Corp0.6Construction Materials
ORIOld Republic International Corporation0.6Insurance
TFXTeleflex Incorporated0.6Health Care Equipment & Supplies
ALEXAlexander & Baldwin Inc0.6Diversified REITs
PESIPerma-Fix Environmental Services Inc. 0.6Commercial Services & Supplies
DKDelek US Holdings, Inc.0.6Oil Gas & Consumable Fuels
INFUInfuSystem Holdings, Inc.0.5Health Care Providers & Services
ASTEAstec Industries, Inc.0.5Machinery
BHEBenchmark Electronics, Inc. 0.5Electronic Equipment Instruments & Components
ARAYAccuray, Inc.0.5Health Care Equipment & Supplies
ASOAcademy Sports and Outdoors, Inc.0.5Specialty Retail
SAICScience Applications International Corp.0.5Professional Services
HAEHaemonetics Corp.0.5Health Care Equipment & Supplies
SEBSeaboard Corporation0.5Food Products
STKLSunOpta Inc.0.5Food Products
EVTCEVERTEC, Inc.0.5Financial Services
CMCOColumbus McKinnon Corporation0.5Machinery
FMCFMC Corporation0.4Chemicals
MCSMarcus Corporation (Class A)0.4Entertainment
HSONHudson Global, Inc.0.4Professional Services
EGOEldorado Gold Corp.0.4Metals & Mining
MOFGMidWestOne Financial Group Inc.0.4Banks
HBIOHarvard Bioscience, Inc.0.3Life Sciences Tools & Services
WWayfair, Inc. Class A0.3Specialty Retail
MAMAMama's Creations, Inc.0.3Food Products
MRTNMarten Transport, Ltd.0.3Ground Transportation
TWINTwin Disc Inc0.3Machinery
QUADQuad/Graphics, Inc. (Class A)0.3Commercial Services & Supplies
ASTLAlgoma Steel Group Inc.0.3Metals & Mining
CWCOConsolidated Water Co., Ltd.0.2Water Utilities
STSensata Technologies Holding PLC0.2Electrical 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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