PHOCAS FINANCIAL CORP.

PrivateCIK: 1356783

Location

ALAMEDA, CA

155

Positions

$636.86M

Total AUM (reported)

17.57M

Total Shares

Allocation by class

COM$506.35M79.5%

COM NEW$53.01M8.3%

CL A$25.09M3.9%

COM STK CL A$12.46M2.0%

SHS$10.35M1.6%

COMMON STOCK$8.32M1.3%

CL A COM$3.12M0.5%

Portfolio Concentration

Top 3$35.19M5.5%

4–10$73.23M11.5%

11–25$117.91M18.5%

Rest$410.53M64.5%

Top 3 weight

5.5%

Top 10 weight

17.0%

Voting Authority Distribution

Total shares with voting rights: 17.57M

Sole

Full voting authority

2.85M

% of voting shares16.2%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

14.72M

% of voting shares83.8%

Investment Discretion (by position count)

Sole155

Shared0

Other0

Dominant voting typeNone · 83.8% of voting shares

Institutional Holdings155

Rows:

AMNEAL PHARMACEUTICALS INC

SOLE

COM STK CL A

Shares1M

TypeSH

Market value$12.46M

1.96%

Sole

163.17K

Shared

0.00

None

839.50K

PATHWARD FINANCIAL INC

SOLE

COM

Shares130.13K

TypeSH

Market value$11.61M

1.82%

Sole

21.09K

Shared

0.00

None

109.03K

AAR CORP

SOLE

COM

Shares101.51K

TypeSH

Market value$11.11M

1.74%

Sole

16.42K

Shared

0.00

None

85.09K

WINTRUST FINL CORP

SOLE

COM

Shares79.06K

TypeSH

Market value$10.98M

1.72%

Sole

13.05K

Shared

0.00

None

66K

STONEX GROUP INC

SOLE

COM

Shares135.95K

TypeSH

Market value$10.96M

1.72%

Sole

22.41K

Shared

0.00

None

113.54K

DUCOMMUN INC DEL

SOLE

COM

Shares89.74K

TypeSH

Market value$10.95M

1.72%

Sole

14.59K

Shared

0.00

None

75.15K

AMERIS BANCORP

SOLE

COM

Shares136.73K

TypeSH

Market value$10.66M

1.67%

Sole

22.13K

Shared

0.00

None

114.60K

COLUMBIA BKG SYS INC

SOLE

COM

Shares372.46K

TypeSH

Market value$10.22M

1.60%

Sole

60.58K

Shared

0.00

None

311.88K

SKYWEST INC

SOLE

COM

Shares109.14K

TypeSH

Market value$10.02M

1.57%

Sole

17.75K

Shared

0.00

None

91.38K

WHITE MTNS INS GROUP LTD

SOLE

COM

Shares4.29K

TypeSH

Market value$9.43M

1.48%

Sole

699.00

Shared

0.00

None

3.59K

PREFERRED BK LOS ANGELES CA

SOLE

COM NEW

Shares101.66K

TypeSH

Market value$9.22M

1.45%

Sole

16.45K

Shared

0.00

None

85.21K

NATIONAL ENERGY SERVICES REU

SOLE

SHS

Shares414K

TypeSH

Market value$8.89M

1.40%

Sole

67.39K

Shared

0.00

None

346.61K

TERRENO RLTY CORP

SOLE

COM

Shares140.80K

TypeSH

Market value$8.65M

1.36%

Sole

22.87K

Shared

0.00

None

117.93K

BLACK HILLS CORP

SOLE

COM

Shares119.83K

TypeSH

Market value$8.32M

1.31%

Sole

18.31K

Shared

0.00

None

101.53K

TEXAS CAP BANCSHARES INC

SOLE

COM

Shares87.64K

TypeSH

Market value$8.32M

1.31%

Sole

14.20K

Shared

0.00

None

73.44K

FIRST MERCHANTS CORP

SOLE

COM

Shares212.22K

TypeSH

Market value$8.22M

1.29%

Sole

34.53K

Shared

0.00

None

177.69K

F N B CORP

SOLE

COM

Shares489.68K

TypeSH

Market value$8.19M

1.29%

Sole

79.32K

Shared

0.00

None

410.36K

TRI POINTE HOMES INC

SOLE

COM

Shares165K

TypeSH

Market value$7.71M

1.21%

Sole

26.70K

Shared

0.00

None

138.29K

CHORD ENERGY CORPORATION

SOLE

COM NEW

Shares53.53K

TypeSH

Market value$7.61M

1.20%

Sole

9.95K

Shared

0.00

None

43.58K

SANMINA CORP

SOLE

COM

Shares57.96K

TypeSH

Market value$7.51M

1.18%

Sole

9.44K

Shared

0.00

None

48.52K

RYDER SYS INC

SOLE

COM

Shares35.12K

TypeSH

Market value$7.19M

1.13%

Sole

5.71K

Shared

0.00

None

29.41K

CARPENTER TECHNOLOGY CORP

SOLE

COM

Shares18.06K

TypeSH

Market value$7.12M

1.12%

Sole

2.94K

Shared

0.00

None

15.12K

MATERION CORP

SOLE

COM

Shares48.61K

TypeSH

Market value$7.03M

1.10%

Sole

7.91K

Shared

0.00

None

40.70K

TIMKEN CO

SOLE

COM

Shares69.36K

TypeSH

Market value$6.98M

1.10%

Sole

11.29K

Shared

0.00

None

58.06K

PRIMORIS SVCS CORP

SOLE

COM

Shares48.70K

TypeSH

Market value$6.97M

1.09%

Sole

7.93K

Shared

0.00

None

40.77K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
AMNEAL PHARMACEUTICALS INCSOLE	COM STK CL A	1M	SH	$12.46M 1.96%	163.17K	839.50K
PATHWARD FINANCIAL INCSOLE	COM	130.13K	SH	$11.61M 1.82%	21.09K	109.03K
AAR CORPSOLE	COM	101.51K	SH	$11.11M 1.74%	16.42K	85.09K
WINTRUST FINL CORPSOLE	COM	79.06K	SH	$10.98M 1.72%	13.05K	66K
STONEX GROUP INCSOLE	COM	135.95K	SH	$10.96M 1.72%	22.41K	113.54K
DUCOMMUN INC DELSOLE	COM	89.74K	SH	$10.95M 1.72%	14.59K	75.15K
AMERIS BANCORPSOLE	COM	136.73K	SH	$10.66M 1.67%	22.13K	114.60K
COLUMBIA BKG SYS INCSOLE	COM	372.46K	SH	$10.22M 1.60%	60.58K	311.88K
SKYWEST INCSOLE	COM	109.14K	SH	$10.02M 1.57%	17.75K	91.38K
WHITE MTNS INS GROUP LTDSOLE	COM	4.29K	SH	$9.43M 1.48%	699.00	3.59K
PREFERRED BK LOS ANGELES CASOLE	COM NEW	101.66K	SH	$9.22M 1.45%	16.45K	85.21K
NATIONAL ENERGY SERVICES REUSOLE	SHS	414K	SH	$8.89M 1.40%	67.39K	346.61K
TERRENO RLTY CORPSOLE	COM	140.80K	SH	$8.65M 1.36%	22.87K	117.93K
BLACK HILLS CORPSOLE	COM	119.83K	SH	$8.32M 1.31%	18.31K	101.53K
TEXAS CAP BANCSHARES INCSOLE	COM	87.64K	SH	$8.32M 1.31%	14.20K	73.44K
FIRST MERCHANTS CORPSOLE	COM	212.22K	SH	$8.22M 1.29%	34.53K	177.69K
F N B CORPSOLE	COM	489.68K	SH	$8.19M 1.29%	79.32K	410.36K
TRI POINTE HOMES INCSOLE	COM	165K	SH	$7.71M 1.21%	26.70K	138.29K
CHORD ENERGY CORPORATIONSOLE	COM NEW	53.53K	SH	$7.61M 1.20%	9.95K	43.58K
SANMINA CORPSOLE	COM	57.96K	SH	$7.51M 1.18%	9.44K	48.52K
RYDER SYS INCSOLE	COM	35.12K	SH	$7.19M 1.13%	5.71K	29.41K
CARPENTER TECHNOLOGY CORPSOLE	COM	18.06K	SH	$7.12M 1.12%	2.94K	15.12K
MATERION CORPSOLE	COM	48.61K	SH	$7.03M 1.10%	7.91K	40.70K
TIMKEN COSOLE	COM	69.36K	SH	$6.98M 1.10%	11.29K	58.06K
PRIMORIS SVCS CORPSOLE	COM	48.70K	SH	$6.97M 1.09%	7.93K	40.77K

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