PULLEN INVESTMENT MANAGEMENT, LLC

Filed: 10/27/2025ACC: 0002011668-25-000005

📋 What this filing means

PULLEN INVESTMENT MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 99 equity positions with a total reported market value of $184.70M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$184.70M

Total AUM (reported)

4.29M

Total Shares

Allocation by class

COM$112.56M60.9%

CL A$12.63M6.8%

S&P 500 ETF SHS$11.52M6.2%

TOTAL STK MKT$8.86M4.8%

US BRD MKT ETF$5.18M2.8%

COM SHS$4.96M2.7%

CL B NEW$4.19M2.3%

Portfolio Concentration

Top 3$25.56M13.8%

4–10$30.08M16.3%

11–25$42.65M23.1%

Rest$86.40M46.8%

Top 3 weight

13.8%

Top 10 weight

30.1%

Voting Authority Distribution

Total shares with voting rights: 4.29M

Sole

Full voting authority

4.12M

% of voting shares96.1%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

166.93K

% of voting shares3.9%

Investment Discretion (by position count)

Sole99

Shared0

Other0

Dominant voting typeSole · 96.1% of voting shares

Institutional Holdings99

Rows:

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares18.81K

TypeSH

Market value$11.52M

6.24%

Sole

14.78K

Shared

0.00

None

4.04K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares27K

TypeSH

Market value$8.86M

4.80%

Sole

23.75K

Shared

0.00

None

3.25K

SCHWAB STRATEGIC TR

SOLE

US BRD MKT ETF

Shares201.52K

TypeSH

Market value$5.18M

2.81%

Sole

87.71K

Shared

0.00

None

113.81K

MICROSOFT CORP

SOLE

COM

Shares9.08K

TypeSH

Market value$4.71M

2.55%

Sole

6.66K

Shared

0.00

None

2.42K

HUNTINGTON INGALLS INDS INC

SOLE

COM

Shares15.34K

TypeSH

Market value$4.42M

2.39%

Sole

15.32K

Shared

0.00

None

21.00

CHEVRON CORP NEW

SOLE

COM

Shares27.98K

TypeSH

Market value$4.34M

2.35%

Sole

27.84K

Shared

0.00

None

132.00

LINCOLN EDL SVCS CORP

SOLE

COM

Shares184.15K

TypeSH

Market value$4.33M

2.34%

Sole

184.15K

Shared

0.00

None

0.00

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares8.33K

TypeSH

Market value$4.19M

2.27%

Sole

7.86K

Shared

0.00

None

467.00

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares6.17K

TypeSH

Market value$4.11M

2.22%

Sole

4.08K

Shared

0.00

None

2.09K

TETRA TECHNOLOGIES INC DEL

SOLE

COM

Shares695.16K

TypeSH

Market value$4.00M

2.16%

Sole

695.16K

Shared

0.00

None

0.00

SENECA FOODS CORP NEW

SOLE

CL A

Shares33.53K

TypeSH

Market value$3.62M

1.96%

Sole

33.53K

Shared

0.00

None

0.00

GRAPHIC PACKAGING HLDG CO

SOLE

COM

Shares176.19K

TypeSH

Market value$3.45M

1.87%

Sole

175.90K

Shared

0.00

None

294.00

FIRSTCASH HOLDINGS INC

SOLE

COM

Shares20.18K

TypeSH

Market value$3.20M

1.73%

Sole

20.18K

Shared

0.00

None

0.00

FEDERAL AGRIC MTG CORP

SOLE

CL C

Shares17.94K

TypeSH

Market value$3.01M

1.63%

Sole

17.94K

Shared

0.00

None

0.00

KIRBY CORP

SOLE

COM

Shares35.48K

TypeSH

Market value$2.96M

1.60%

Sole

35.41K

Shared

0.00

None

63.00

MADISON SQUARE GRDN SPRT COR

SOLE

CL A

Shares12.65K

TypeSH

Market value$2.87M

1.55%

Sole

12.65K

Shared

0.00

None

0.00

SOUTHERN CO

SOLE

COM

Shares29.39K

TypeSH

Market value$2.79M

1.51%

Sole

26.30K

Shared

0.00

None

3.08K

BARRICK MNG CORP

SOLE

COM SHS

Shares84.52K

TypeSH

Market value$2.77M

1.50%

Sole

84.21K

Shared

0.00

None

315.00

NEWMONT CORP

SOLE

COM

Shares32.82K

TypeSH

Market value$2.77M

1.50%

Sole

32.69K

Shared

0.00

None

133.00

CRAWFORD & CO

SOLE

CL A

Shares250.52K

TypeSH

Market value$2.68M

1.45%

Sole

250.52K

Shared

0.00

None

0.00

HANOVER INS GROUP INC

SOLE

COM

Shares14.39K

TypeSH

Market value$2.61M

1.42%

Sole

14.39K

Shared

0.00

None

0.00

AZZ INC

SOLE

COM

Shares22.93K

TypeSH

Market value$2.50M

1.35%

Sole

22.93K

Shared

0.00

None

0.00

PREFORMED LINE PRODS CO

SOLE

COM

Shares12.70K

TypeSH

Market value$2.49M

1.35%

Sole

12.70K

Shared

0.00

None

0.00

MRC GLOBAL INC

SOLE

COM

Shares172.36K

TypeSH

Market value$2.49M

1.35%

Sole

172.36K

Shared

0.00

None

0.00

SPDR GOLD TR

SOLE

GOLD SHS

Shares6.89K

TypeSH

Market value$2.45M

1.33%

Sole

5.50K

Shared

0.00

None

1.38K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	18.81K	SH	$11.52M 6.24%	14.78K	4.04K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	27K	SH	$8.86M 4.80%	23.75K	3.25K
SCHWAB STRATEGIC TRSOLE	US BRD MKT ETF	201.52K	SH	$5.18M 2.81%	87.71K	113.81K
MICROSOFT CORPSOLE	COM	9.08K	SH	$4.71M 2.55%	6.66K	2.42K
HUNTINGTON INGALLS INDS INCSOLE	COM	15.34K	SH	$4.42M 2.39%	15.32K	21.00
CHEVRON CORP NEWSOLE	COM	27.98K	SH	$4.34M 2.35%	27.84K	132.00
LINCOLN EDL SVCS CORPSOLE	COM	184.15K	SH	$4.33M 2.34%	184.15K	0.00
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	8.33K	SH	$4.19M 2.27%	7.86K	467.00
SPDR S&P 500 ETF TRSOLE	TR UNIT	6.17K	SH	$4.11M 2.22%	4.08K	2.09K
TETRA TECHNOLOGIES INC DELSOLE	COM	695.16K	SH	$4.00M 2.16%	695.16K	0.00
SENECA FOODS CORP NEWSOLE	CL A	33.53K	SH	$3.62M 1.96%	33.53K	0.00
GRAPHIC PACKAGING HLDG COSOLE	COM	176.19K	SH	$3.45M 1.87%	175.90K	294.00
FIRSTCASH HOLDINGS INCSOLE	COM	20.18K	SH	$3.20M 1.73%	20.18K	0.00
FEDERAL AGRIC MTG CORPSOLE	CL C	17.94K	SH	$3.01M 1.63%	17.94K	0.00
KIRBY CORPSOLE	COM	35.48K	SH	$2.96M 1.60%	35.41K	63.00
MADISON SQUARE GRDN SPRT CORSOLE	CL A	12.65K	SH	$2.87M 1.55%	12.65K	0.00
SOUTHERN COSOLE	COM	29.39K	SH	$2.79M 1.51%	26.30K	3.08K
BARRICK MNG CORPSOLE	COM SHS	84.52K	SH	$2.77M 1.50%	84.21K	315.00
NEWMONT CORPSOLE	COM	32.82K	SH	$2.77M 1.50%	32.69K	133.00
CRAWFORD & COSOLE	CL A	250.52K	SH	$2.68M 1.45%	250.52K	0.00
HANOVER INS GROUP INCSOLE	COM	14.39K	SH	$2.61M 1.42%	14.39K	0.00
AZZ INCSOLE	COM	22.93K	SH	$2.50M 1.35%	22.93K	0.00
PREFORMED LINE PRODS COSOLE	COM	12.70K	SH	$2.49M 1.35%	12.70K	0.00
MRC GLOBAL INCSOLE	COM	172.36K	SH	$2.49M 1.35%	172.36K	0.00
SPDR GOLD TRSOLE	GOLD SHS	6.89K	SH	$2.45M 1.33%	5.50K	1.38K

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