GLOBAL ALPHA CAPITAL MANAGEMENT LTD.

PrivateCIK: 1584691

Location

MONTREAL, A8

Positions

$1.67B

Total AUM (reported)

46.10M

Total Shares

Allocation by class

COM$1.29B77.2%

CL A$164.86M9.9%

COMMON STOCK$53.07M3.2%

CLASS A$40.33M2.4%

COM NEW$35.64M2.1%

COMMON SHARES$32.21M1.9%

SHARES CL A$28.17M1.7%

Portfolio Concentration

Top 3$321.72M19.3%

4–10$419.81M25.2%

11–25$594.51M35.6%

Rest$333.01M20.0%

Top 3 weight

19.3%

Top 10 weight

44.4%

Voting Authority Distribution

Total shares with voting rights: 46.10M

Sole

Full voting authority

44.68M

% of voting shares96.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.42M

% of voting shares3.1%

Investment Discretion (by position count)

Sole48

Shared0

Other0

Dominant voting typeSole · 96.9% of voting shares

Institutional Holdings48

Rows:

ORMAT TECHNOLOGIES INC

SOLE

COM

Shares1.36M

TypeSH

Market value$148.17M

8.88%

Sole

1.29M

Shared

0.00

None

68.44K

UMB FINL CORP

SOLE

COM

Shares690.33K

TypeSH

Market value$98.55M

5.90%

Sole

670.17K

Shared

0.00

None

20.16K

SANMINA CORP

SOLE

COM

Shares296.34K

TypeSH

Market value$75.00M

4.49%

Sole

287.24K

Shared

0.00

None

9.09K

COMMVAULT SYS INC

SOLE

COM

Shares494.47K

TypeSH

Market value$70.08M

4.20%

Sole

480.11K

Shared

0.00

None

14.36K

GLOBUS MED INC

SOLE

CL A

Shares856.62K

TypeSH

Market value$67.68M

4.06%

Sole

830.21K

Shared

0.00

None

26.41K

AMERICOLD REALTY TRUST INC

SOLE

COM

Shares4.29M

TypeSH

Market value$67.47M

4.04%

Sole

4.16M

Shared

0.00

None

127.75K

DIODES INC

SOLE

COM

Shares579K

TypeSH

Market value$63.37M

3.80%

Sole

561.17K

Shared

0.00

None

17.82K

GXO LOGISTICS INCORPORATED

SOLE

COMMON STOCK

Shares1.05M

TypeSH

Market value$53.07M

3.18%

Sole

1.01M

Shared

0.00

None

32.24K

RUSH ENTERPRISES INC

SOLE

CL A

Shares682.46K

TypeSH

Market value$49.81M

2.98%

Sole

661.44K

Shared

0.00

None

21.02K

EAGLE MATLS INC

SOLE

COM

Shares214.81K

TypeSH

Market value$48.33M

2.90%

Sole

208.23K

Shared

0.00

None

6.59K

BOSTON BEER INC

SOLE

CL A

Shares267.57K

TypeSH

Market value$47.37M

2.84%

Sole

259.34K

Shared

0.00

None

8.22K

ANI PHARMACEUTICALS INC

SOLE

COM

Shares558K

TypeSH

Market value$46.19M

2.77%

Sole

540.80K

Shared

0.00

None

17.20K

RADNET INC

SOLE

COM

Shares734.88K

TypeSH

Market value$45.32M

2.72%

Sole

713.97K

Shared

0.00

None

20.91K

RAYONIER INC

SOLE

COM

Shares2.08M

TypeSH

Market value$44.26M

2.65%

Sole

2.02M

Shared

0.00

None

64.24K

FEDERAL SIGNAL CORP

SOLE

COM

Shares326.97K

TypeSH

Market value$42.01M

2.52%

Sole

316.75K

Shared

0.00

None

10.22K

RLI CORP

SOLE

COM

Shares700.67K

TypeSH

Market value$41.39M

2.48%

Sole

679.12K

Shared

0.00

None

21.55K

GENTHERM INC

SOLE

COM

Shares1.19M

TypeSH

Market value$40.48M

2.43%

Sole

1.15M

Shared

0.00

None

36.60K

EVERCORE INC

SOLE

CLASS A

Shares118.12K

TypeSH

Market value$40.33M

2.42%

Sole

114.38K

Shared

0.00

None

3.74K

ATN INTL INC

SOLE

COM

Shares1.44M

TypeSH

Market value$38.26M

2.29%

Sole

1.40M

Shared

0.00

None

47.48K

LIMONEIRA CO

SOLE

COM

Shares2.90M

TypeSH

Market value$38.06M

2.28%

Sole

2.81M

Shared

0.00

None

90.52K

DIGI INTL INC

SOLE

COM

Shares475.96K

TypeSH

Market value$35.67M

2.14%

Sole

460.88K

Shared

0.00

None

15.09K

SPROTT INC

SOLE

COM NEW

Shares315.58K

TypeSH

Market value$35.64M

2.14%

Sole

299.21K

Shared

0.00

None

16.38K

QUAKER HOUGHTON

SOLE

COM

Shares216.16K

TypeSH

Market value$34.34M

2.06%

Sole

209.51K

Shared

0.00

None

6.65K

SERVICE CORP INTL

SOLE

COM

Shares434.11K

TypeSH

Market value$32.97M

1.98%

Sole

420.78K

Shared

0.00

None

13.32K

GULFPORT ENERGY CORP

SOLE

COMMON SHARES

Shares189.82K

TypeSH

Market value$32.21M

1.93%

Sole

183.83K

Shared

0.00

None

5.99K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ORMAT TECHNOLOGIES INCSOLE	COM	1.36M	SH	$148.17M 8.88%	1.29M	68.44K
UMB FINL CORPSOLE	COM	690.33K	SH	$98.55M 5.90%	670.17K	20.16K
SANMINA CORPSOLE	COM	296.34K	SH	$75.00M 4.49%	287.24K	9.09K
COMMVAULT SYS INCSOLE	COM	494.47K	SH	$70.08M 4.20%	480.11K	14.36K
GLOBUS MED INCSOLE	CL A	856.62K	SH	$67.68M 4.06%	830.21K	26.41K
AMERICOLD REALTY TRUST INCSOLE	COM	4.29M	SH	$67.47M 4.04%	4.16M	127.75K
DIODES INCSOLE	COM	579K	SH	$63.37M 3.80%	561.17K	17.82K
GXO LOGISTICS INCORPORATEDSOLE	COMMON STOCK	1.05M	SH	$53.07M 3.18%	1.01M	32.24K
RUSH ENTERPRISES INCSOLE	CL A	682.46K	SH	$49.81M 2.98%	661.44K	21.02K
EAGLE MATLS INCSOLE	COM	214.81K	SH	$48.33M 2.90%	208.23K	6.59K
BOSTON BEER INCSOLE	CL A	267.57K	SH	$47.37M 2.84%	259.34K	8.22K
ANI PHARMACEUTICALS INCSOLE	COM	558K	SH	$46.19M 2.77%	540.80K	17.20K
RADNET INCSOLE	COM	734.88K	SH	$45.32M 2.72%	713.97K	20.91K
RAYONIER INCSOLE	COM	2.08M	SH	$44.26M 2.65%	2.02M	64.24K
FEDERAL SIGNAL CORPSOLE	COM	326.97K	SH	$42.01M 2.52%	316.75K	10.22K
RLI CORPSOLE	COM	700.67K	SH	$41.39M 2.48%	679.12K	21.55K
GENTHERM INCSOLE	COM	1.19M	SH	$40.48M 2.43%	1.15M	36.60K
EVERCORE INCSOLE	CLASS A	118.12K	SH	$40.33M 2.42%	114.38K	3.74K
ATN INTL INCSOLE	COM	1.44M	SH	$38.26M 2.29%	1.40M	47.48K
LIMONEIRA COSOLE	COM	2.90M	SH	$38.06M 2.28%	2.81M	90.52K
DIGI INTL INCSOLE	COM	475.96K	SH	$35.67M 2.14%	460.88K	15.09K
SPROTT INCSOLE	COM NEW	315.58K	SH	$35.64M 2.14%	299.21K	16.38K
QUAKER HOUGHTONSOLE	COM	216.16K	SH	$34.34M 2.06%	209.51K	6.65K
SERVICE CORP INTLSOLE	COM	434.11K	SH	$32.97M 1.98%	420.78K	13.32K
GULFPORT ENERGY CORPSOLE	COMMON SHARES	189.82K	SH	$32.21M 1.93%	183.83K	5.99K

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