MONARCH PARTNERS ASSET MANAGEMENT LLC

PrivateCIK: 1568555

Location

BOSTON, MA

133

Positions

$338.60M

Total AUM (reported)

18.04M

Total Shares

Allocation by class

COM$280.82M82.9%

COM NEW$13.96M4.1%

COM CL A$9.93M2.9%

CL A$8.51M2.5%

SHS$6.48M1.9%

ORD SHS$5.69M1.7%

CL A NON VTG$2.99M0.9%

Portfolio Concentration

Top 3$19.18M5.7%

4–10$33.10M9.8%

11–25$62.06M18.3%

Rest$224.27M66.2%

Top 3 weight

5.7%

Top 10 weight

15.4%

Voting Authority Distribution

Total shares with voting rights: 18.04M

Sole

Full voting authority

12.54M

% of voting shares69.5%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

5.51M

% of voting shares30.5%

Investment Discretion (by position count)

Sole133

Shared0

Other0

Dominant voting typeSole · 69.5% of voting shares

Institutional Holdings133

Rows:

LEONARDO DRS INC

SOLE

COM

Shares541.59K

TypeSH

Market value$6.92M

2.04%

Sole

362.02K

Shared

0.00

None

179.57K

MODINE MFG CO

SOLE

COM

Shares330.89K

TypeSH

Market value$6.57M

1.94%

Sole

221.90K

Shared

0.00

None

108.99K

TECNOGLASS INC

SOLE

ORD SHS

Shares184.78K

TypeSH

Market value$5.69M

1.68%

Sole

125.72K

Shared

0.00

None

59.06K

HERITAGE COMM CORP

SOLE

COM

Shares406.59K

TypeSH

Market value$5.29M

1.56%

Sole

271.29K

Shared

0.00

None

135.29K

CARETRUST REIT INC

SOLE

COM

Shares262.65K

TypeSH

Market value$4.88M

1.44%

Sole

177.94K

Shared

0.00

None

84.70K

ULTRA CLEAN HLDGS INC

SOLE

COM

Shares145K

TypeSH

Market value$4.81M

1.42%

Sole

95.70K

Shared

0.00

None

49.30K

NETSTREIT CORP

SOLE

COM

Shares252.38K

TypeSH

Market value$4.63M

1.37%

Sole

164.58K

Shared

0.00

None

87.80K

CHEFS WHSE INC

SOLE

COM

Shares137.40K

TypeSH

Market value$4.57M

1.35%

Sole

88.16K

Shared

0.00

None

49.24K

OXFORD INDS INC

SOLE

COM

Shares48.18K

TypeSH

Market value$4.49M

1.33%

Sole

31.66K

Shared

0.00

None

16.52K

ADTRAN HOLDINGS INC

SOLE

COM

Shares236.11K

TypeSH

Market value$4.44M

1.31%

Sole

159.24K

Shared

0.00

None

76.87K

UNITIL CORP

SOLE

COM

Shares86.05K

TypeSH

Market value$4.42M

1.31%

Sole

57.17K

Shared

0.00

None

28.88K

HUDSON TECHNOLOGIES INC

SOLE

COM

Shares431.85K

TypeSH

Market value$4.37M

1.29%

Sole

300.06K

Shared

0.00

None

131.79K

TIMKENSTEEL CORPORATION

SOLE

COM

Shares240.11K

TypeSH

Market value$4.36M

1.29%

Sole

162.35K

Shared

0.00

None

77.76K

HURON CONSULTING GROUP INC

SOLE

COM

Shares59.68K

TypeSH

Market value$4.33M

1.28%

Sole

38.76K

Shared

0.00

None

20.92K

KRYSTAL BIOTECH INC

SOLE

COM

Shares53.91K

TypeSH

Market value$4.27M

1.26%

Sole

36.38K

Shared

0.00

None

17.52K

SUNOPTA INC

SOLE

COM

Shares501.17K

TypeSH

Market value$4.23M

1.25%

Sole

346.44K

Shared

0.00

None

154.74K

CONNECTONE BANCORP INC

SOLE

COM

Shares174.06K

TypeSH

Market value$4.21M

1.24%

Sole

116.16K

Shared

0.00

None

57.90K

LIGAND PHARMACEUTICALS INC

SOLE

COM NEW

Shares62.33K

TypeSH

Market value$4.16M

1.23%

Sole

41.63K

Shared

0.00

None

20.69K

COLLEGIUM PHARMACEUTICAL INC

SOLE

COM

Shares179.13K

TypeSH

Market value$4.16M

1.23%

Sole

132.66K

Shared

0.00

None

46.47K

GREEN PLAINS INC

SOLE

COM

Shares136.03K

TypeSH

Market value$4.15M

1.23%

Sole

92.77K

Shared

0.00

None

43.25K

CASTLE BIOSCIENCES INC

SOLE

COM

Shares170.19K

TypeSH

Market value$4.01M

1.18%

Sole

117.24K

Shared

0.00

None

52.96K

IVERIC BIO INC

SOLE

COM

Shares186.71K

TypeSH

Market value$4.00M

1.18%

Sole

119.44K

Shared

0.00

None

67.27K

LAKELAND BANCORP INC

SOLE

COM

Shares218.58K

TypeSH

Market value$3.85M

1.14%

Sole

149.97K

Shared

0.00

None

68.61K

U S SILICA HLDGS INC

SOLE

COM

Shares304.22K

TypeSH

Market value$3.80M

1.12%

Sole

202.64K

Shared

0.00

None

101.58K

OLD SECOND BANCORP INC ILL

SOLE

COM

Shares232.77K

TypeSH

Market value$3.73M

1.10%

Sole

172.31K

Shared

0.00

None

60.47K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
LEONARDO DRS INCSOLE	COM	541.59K	SH	$6.92M 2.04%	362.02K	179.57K
MODINE MFG COSOLE	COM	330.89K	SH	$6.57M 1.94%	221.90K	108.99K
TECNOGLASS INCSOLE	ORD SHS	184.78K	SH	$5.69M 1.68%	125.72K	59.06K
HERITAGE COMM CORPSOLE	COM	406.59K	SH	$5.29M 1.56%	271.29K	135.29K
CARETRUST REIT INCSOLE	COM	262.65K	SH	$4.88M 1.44%	177.94K	84.70K
ULTRA CLEAN HLDGS INCSOLE	COM	145K	SH	$4.81M 1.42%	95.70K	49.30K
NETSTREIT CORPSOLE	COM	252.38K	SH	$4.63M 1.37%	164.58K	87.80K
CHEFS WHSE INCSOLE	COM	137.40K	SH	$4.57M 1.35%	88.16K	49.24K
OXFORD INDS INCSOLE	COM	48.18K	SH	$4.49M 1.33%	31.66K	16.52K
ADTRAN HOLDINGS INCSOLE	COM	236.11K	SH	$4.44M 1.31%	159.24K	76.87K
UNITIL CORPSOLE	COM	86.05K	SH	$4.42M 1.31%	57.17K	28.88K
HUDSON TECHNOLOGIES INCSOLE	COM	431.85K	SH	$4.37M 1.29%	300.06K	131.79K
TIMKENSTEEL CORPORATIONSOLE	COM	240.11K	SH	$4.36M 1.29%	162.35K	77.76K
HURON CONSULTING GROUP INCSOLE	COM	59.68K	SH	$4.33M 1.28%	38.76K	20.92K
KRYSTAL BIOTECH INCSOLE	COM	53.91K	SH	$4.27M 1.26%	36.38K	17.52K
SUNOPTA INCSOLE	COM	501.17K	SH	$4.23M 1.25%	346.44K	154.74K
CONNECTONE BANCORP INCSOLE	COM	174.06K	SH	$4.21M 1.24%	116.16K	57.90K
LIGAND PHARMACEUTICALS INCSOLE	COM NEW	62.33K	SH	$4.16M 1.23%	41.63K	20.69K
COLLEGIUM PHARMACEUTICAL INCSOLE	COM	179.13K	SH	$4.16M 1.23%	132.66K	46.47K
GREEN PLAINS INCSOLE	COM	136.03K	SH	$4.15M 1.23%	92.77K	43.25K
CASTLE BIOSCIENCES INCSOLE	COM	170.19K	SH	$4.01M 1.18%	117.24K	52.96K
IVERIC BIO INCSOLE	COM	186.71K	SH	$4.00M 1.18%	119.44K	67.27K
LAKELAND BANCORP INCSOLE	COM	218.58K	SH	$3.85M 1.14%	149.97K	68.61K
U S SILICA HLDGS INCSOLE	COM	304.22K	SH	$3.80M 1.12%	202.64K	101.58K
OLD SECOND BANCORP INC ILLSOLE	COM	232.77K	SH	$3.73M 1.10%	172.31K	60.47K

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