Equal-WT
WhaleScore 2.0
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Trigran Investments is based out of Northbrook. Trigran Investments is a hedge fund with 2 clients and discretionary assets under management (AUM) of $1,143,305,769 (Form ADV from 2024-04-17). Their last reported 13F filing for Q3 2024 included $913,465,394 in managed 13F securities
and a top 10 holdings concentration of 74.33%. Trigran Investments's largest holding is TechTarget Inc with shares held of 3,804,824. Whalewisdom has at least 77 13F filings, 17 13D filings, and 203 13G filings
Business Description
Trigran Investments, Inc. is an Illinois corporation founded in 1992 that manages concentrated long-only portfolios of publicly-traded, small-capitalization stocks. They focus on fundamental research and employ a long-term oriented buy and hold approach to investing. Trigran provides investment advisory services to private funds, high net worth individuals, family offices, and institutions.
The owners of Trigran, through trusts, are Douglas Granat, Lawrence Oberman, Steven Simon, Steven Monieson, and Bradley Simon. Trigran has policies and procedures in place to ensure that all clients are treated fairly and to prevent the existence of performance-based fee arrangements from influencing investment decisions. They believe that any risks associated with these arrangements are mitigated because the Principals' own capital accounts are subject to the same risks and any losses would reduce their balances as well as management and performance-based fees.
Investment Strategy
Trigran Investments, Inc. is a fundamentally-focused, research-intensive investment management firm that employs a long-term oriented buy and hold approach to investing. They manage concentrated long-only portfolios of publicly-traded, small-capitalization stocks for private funds, high net worth individuals, family offices and institutions.
Trigran's investment strategy is to invest in, hold, sell, and trade equity securities for the Partnerships and their managed account clients. A significant portion of each Partnership’s and managed account client’s assets are, and are expected to remain, invested in equity securities of approximately ten or fewer companies which constitute their “core positions”. Historically, these investments have been primarily in publicly-traded companies with total market capitalizations of less than $5 billion, though they do from time to time invest in larger publicly-traded companies as well. While the anticipated holding period for these investments is three or more years, they are periodically held for shorter or longer time periods depending on the circumstances.
Owners
- MONIESON, STEVEN, ROSS - VICE PRESIDENT
- THE STEVEN GIFT TRUST - SHAREHOLDER
- SIMON, BRADLEY, FREDRICK - CHIEF COMPLIANCE OFFICER
- GRANAT, DOUGLAS, TODD - DIRECTOR/PRESIDENT
- OBERMAN, LAWRENCE, ALLEN - DIRECTOR/EXECUTIVE VICE PRESIDENT
- SIMON, STEVEN, GASUL - DIRECTOR/VICE PRESIDENT
- STEVE SIMON REVOCABLE TRUST U/A/D OCTOBER 15, 2007 - SHAREHOLDER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2024-09-30
Top Buys (13F)
| Name | % Change |
|---|---|
| FROG JFrog Ltd | 2.64% |
| NPO Enpro Inc | 1.83% |
| MDXG MiMedx Group Inc | 1.73% |
| HAYW Hayward Holdings Inc | 0.76% |
| TTGT TechTarget Inc | 0.3% |
2024-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| SSTK Shutterstock Inc | 2.49% |
| SRDX SurModics, Inc | 2.28% |
| SONO Sonos Inc | 1.67% |
| HCKT Hackett Group Inc (T | 1.21% |
| SYNA Synaptics Inc | 0.77% |
2024-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| TTGT TechTarget Inc | 10.18% |
| THRM Gentherm Inc | 9.46% |
| HLIT Harmonic Inc | 9.05% |
| MTRN Materion Corp | 8.75% |
| SYNA Synaptics Inc | 8.6% |
2024-09-30
13F Activity
| Market Value | $0.91b, Prior: $0.96b |
| Inflows (Outflows) as % of Total MV | (-3.939)% |
| New Purchases | 1 stocks |
| Added To | 4 stocks |
| Sold out of | 1 stocks |
| Reduced holdings in | 14 stocks |
| Top 10 Holdings % | 74.33% |
| Turnover %[1] | 9.52% |
| Turnover Alt %[2] | 8.36% |
| Time Held Top 20 | 14.7 quarters |
| Time Held Top 10 | 8.1 quarters |
| Time Held All | 17.4 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-09-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30