Filed: 11/12/2025ACC: 0001754960-25-000766
📋 What this filing means
PHOCAS FINANCIAL CORP. filed this quarterly 13F‑HR report disclosing 147 equity positions with a total reported market value of $771.35M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
147
Positions
$771.35M
Total AUM (reported)
20.91M
Total Shares
Allocation by class
COM$613.10M79.5%
COM NEW$58.73M7.6%
CL A$32.15M4.2%
COMMON STOCK$28.52M3.7%
COM STK CL A$12.87M1.7%
CL A COM STK$6.97M0.9%
SH BEN INT$3.24M0.4%
Portfolio Concentration
Top 3$55.07M7.1%
4–10$95.73M12.4%
11–25$155.16M20.1%
Rest$465.40M60.3%
Top 3 weight
7.1%
Top 10 weight
19.5%
Voting Authority Distribution
Total shares with voting rights: 20.91M
Sole
Full voting authority
2.91M
shares
% of voting shares13.9%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
18M
shares
% of voting shares86.1%
Investment Discretion (by position count)
Sole147
Shared0
Other0
Dominant voting typeNone · 86.1% of voting shares
Institutional Holdings147
Rows:
ADTALEM GLOBAL ED INC
SOLEShares126.44K
TypeSH
Market value$19.53M
2.53%
Sole
17.62K
Shared
0.00
None
108.82K
PRIMORIS SVCS CORP
SOLEShares139.56K
TypeSH
Market value$19.17M
2.48%
Sole
19.48K
Shared
0.00
None
120.09K
WINTRUST FINL CORP
SOLEShares123.61K
TypeSH
Market value$16.37M
2.12%
Sole
17.22K
Shared
0.00
None
106.39K
NEXSTAR MEDIA GROUP INC
SOLEShares76.37K
TypeSH
Market value$15.10M
1.96%
Sole
10.62K
Shared
0.00
None
65.75K
TTM TECHNOLOGIES INC
SOLEShares254.94K
TypeSH
Market value$14.68M
1.90%
Sole
35.57K
Shared
0.00
None
219.37K
SKYWEST INC
SOLEShares140.20K
TypeSH
Market value$14.11M
1.83%
Sole
19.57K
Shared
0.00
None
120.63K
STONEX GROUP INC
SOLEShares136.54K
TypeSH
Market value$13.78M
1.79%
Sole
19.03K
Shared
0.00
None
117.51K
AMNEAL PHARMACEUTICALS INC
SOLEShares1.29M
TypeSH
Market value$12.87M
1.67%
Sole
179.33K
Shared
0.00
None
1.11M
AMERIS BANCORP
SOLEShares175.16K
TypeSH
Market value$12.84M
1.66%
Sole
24.31K
Shared
0.00
None
150.85K
PATHWARD FINANCIAL INC
SOLEShares166.76K
TypeSH
Market value$12.34M
1.60%
Sole
23.19K
Shared
0.00
None
143.57K
COLUMBIA BKG SYS INC
SOLEShares477.60K
TypeSH
Market value$12.29M
1.59%
Sole
66.56K
Shared
0.00
None
411.04K
SANMINA CORPORATION
SOLEShares106.55K
TypeSH
Market value$12.27M
1.59%
Sole
14.86K
Shared
0.00
None
91.70K
PREFERRED BK LOS ANGELES CA
SOLEShares130.19K
TypeSH
Market value$11.77M
1.53%
Sole
18.03K
Shared
0.00
None
112.16K
AAR CORP
SOLEShares130.01K
TypeSH
Market value$11.66M
1.51%
Sole
18.01K
Shared
0.00
None
112K
FIRST HORIZON CORPORATION
SOLEShares510.10K
TypeSH
Market value$11.53M
1.50%
Sole
71K
Shared
0.00
None
439.09K
DUCOMMUN INC DEL
SOLEShares115.12K
TypeSH
Market value$11.07M
1.43%
Sole
16.05K
Shared
0.00
None
99.07K
BLACK HILLS CORP
SOLEShares174.66K
TypeSH
Market value$10.76M
1.39%
Sole
22.97K
Shared
0.00
None
151.69K
FIRST MERCHANTS CORP
SOLEShares272.13K
TypeSH
Market value$10.26M
1.33%
Sole
37.95K
Shared
0.00
None
234.18K
F N B CORP
SOLEShares627.44K
TypeSH
Market value$10.11M
1.31%
Sole
87.15K
Shared
0.00
None
540.29K
TEXAS CAP BANCSHARES INC
SOLEShares112.31K
TypeSH
Market value$9.49M
1.23%
Sole
15.60K
Shared
0.00
None
96.70K
WHITE MTNS INS GROUP LTD
SOLEShares5.50K
TypeSH
Market value$9.20M
1.19%
Sole
768.00
Shared
0.00
None
4.74K
MKS INC.
SOLEShares73.54K
TypeSH
Market value$9.10M
1.18%
Sole
10.25K
Shared
0.00
None
63.30K
COMERICA INC
SOLEShares125.42K
TypeSH
Market value$8.59M
1.11%
Sole
17.87K
Shared
0.00
None
107.55K
SONIC AUTOMOTIVE INC
SOLEShares112.52K
TypeSH
Market value$8.56M
1.11%
Sole
15.69K
Shared
0.00
None
96.83K
RYDER SYS INC
SOLEShares45.05K
TypeSH
Market value$8.50M
1.10%
Sole
6.28K
Shared
0.00
None
38.77K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ADTALEM GLOBAL ED INCSOLE | COM | 126.44K | SH | $19.53M 2.53% | 17.62K | 0.00 | 108.82K |
PRIMORIS SVCS CORPSOLE | COM | 139.56K | SH | $19.17M 2.48% | 19.48K | 0.00 | 120.09K |
WINTRUST FINL CORPSOLE | COM | 123.61K | SH | $16.37M 2.12% | 17.22K | 0.00 | 106.39K |
NEXSTAR MEDIA GROUP INCSOLE | COMMON STOCK | 76.37K | SH | $15.10M 1.96% | 10.62K | 0.00 | 65.75K |
TTM TECHNOLOGIES INCSOLE | COM | 254.94K | SH | $14.68M 1.90% | 35.57K | 0.00 | 219.37K |
SKYWEST INCSOLE | COM | 140.20K | SH | $14.11M 1.83% | 19.57K | 0.00 | 120.63K |
STONEX GROUP INCSOLE | COM | 136.54K | SH | $13.78M 1.79% | 19.03K | 0.00 | 117.51K |
AMNEAL PHARMACEUTICALS INCSOLE | COM STK CL A | 1.29M | SH | $12.87M 1.67% | 179.33K | 0.00 | 1.11M |
AMERIS BANCORPSOLE | COM | 175.16K | SH | $12.84M 1.66% | 24.31K | 0.00 | 150.85K |
PATHWARD FINANCIAL INCSOLE | COM | 166.76K | SH | $12.34M 1.60% | 23.19K | 0.00 | 143.57K |
COLUMBIA BKG SYS INCSOLE | COM | 477.60K | SH | $12.29M 1.59% | 66.56K | 0.00 | 411.04K |
SANMINA CORPORATIONSOLE | COM | 106.55K | SH | $12.27M 1.59% | 14.86K | 0.00 | 91.70K |
PREFERRED BK LOS ANGELES CASOLE | COM NEW | 130.19K | SH | $11.77M 1.53% | 18.03K | 0.00 | 112.16K |
AAR CORPSOLE | COM | 130.01K | SH | $11.66M 1.51% | 18.01K | 0.00 | 112K |
FIRST HORIZON CORPORATIONSOLE | COM | 510.10K | SH | $11.53M 1.50% | 71K | 0.00 | 439.09K |
DUCOMMUN INC DELSOLE | COM | 115.12K | SH | $11.07M 1.43% | 16.05K | 0.00 | 99.07K |
BLACK HILLS CORPSOLE | COM | 174.66K | SH | $10.76M 1.39% | 22.97K | 0.00 | 151.69K |
FIRST MERCHANTS CORPSOLE | COM | 272.13K | SH | $10.26M 1.33% | 37.95K | 0.00 | 234.18K |
F N B CORPSOLE | COM | 627.44K | SH | $10.11M 1.31% | 87.15K | 0.00 | 540.29K |
TEXAS CAP BANCSHARES INCSOLE | COM | 112.31K | SH | $9.49M 1.23% | 15.60K | 0.00 | 96.70K |
WHITE MTNS INS GROUP LTDSOLE | COM | 5.50K | SH | $9.20M 1.19% | 768.00 | 0.00 | 4.74K |
MKS INC.SOLE | COM | 73.54K | SH | $9.10M 1.18% | 10.25K | 0.00 | 63.30K |
COMERICA INCSOLE | COM | 125.42K | SH | $8.59M 1.11% | 17.87K | 0.00 | 107.55K |
SONIC AUTOMOTIVE INCSOLE | CL A | 112.52K | SH | $8.56M 1.11% | 15.69K | 0.00 | 96.83K |
RYDER SYS INCSOLE | COM | 45.05K | SH | $8.50M 1.10% | 6.28K | 0.00 | 38.77K |
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