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Institutional Investment Manager
INVESTMENT COUNSELORS OF MARYLAND LLC
INVESTMENT COUNSELORS OF MARYLAND LLC (CIK: 0000051964) incorporated in Delaware, located at 300 East Lombard Street, Baltimore, MD. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 198 holdings with a total value of $1,824,803,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 TRIUMPH GROUP INC NEW COM 466,437 16,559,000 0.91%
52 LYDALL INC COM 427,194 16,473,000 0.90%
53 GRANITE CONSTR INC 361,406 16,462,000 0.90%
54 BELDEN INC 271,101 16,366,000 0.90%
55 QTS RLTY TR INC 292,210 16,358,000 0.90%
56 HEARTLAND EXPRESS INC COM 940,070 16,348,000 0.90%
57 FNB CORP PA 1,296,590 16,259,000 0.89%
58 IXYS Corporation 1,580,515 16,200,000 0.89%
59 FULLER H B CO 360,906 15,876,000 0.87%
60 CONNECTONE BANCORP INC NEW 1,002,758 15,733,000 0.86%
61 MARTEN TRANS LTD COM 791,575 15,673,000 0.86%
62 RED ROBIN GOURMET BURGERS INC COM 325,950 15,460,000 0.85%
63 SOUTHWEST BANCORP INC OKLA COM 886,350 15,006,000 0.82%
64 GROUP 1 AUTOMOTIVE INC 299,194 14,768,000 0.81%
65 Acxiom Corp 671,514 14,767,000 0.81%
66 US Concrete Inc 240,850 14,670,000 0.80%
67 MATRIX SVC CO COM 888,838 14,657,000 0.80%
68 Enterprise Finl Svcs Corp 525,110 14,645,000 0.80%
69 FABRINET SHS 393,122 14,593,000 0.80%
70 HomeTrust Bancshares, Inc. 783,032 14,486,000 0.79%
71 KNIGHT TRANSN INC 544,885 14,483,000 0.79%
72 ASCENA RETAIL GROUP INC COM 2,052,286 14,345,000 0.79%
73 Snyders-Lance Inc 422,887 14,332,000 0.79%
74 CARPENTER TECHNOLOGY CORP 424,075 13,965,000 0.77%
75 UNITED STATIONERS INC 448,573 13,708,000 0.75%
76 HOMESTREET INC 686,339 13,672,000 0.75%
77 OMNOVA SOLUTIONS INCORPORATED 1,832,344 13,284,000 0.73%
78 CROCS INC 1,177,575 13,283,000 0.73%
79 FEDERAL SIGNAL CORP 1,023,800 13,187,000 0.72%
80 BIO RAD LABS INC 91,770 13,125,000 0.72%
81 MATSON INC 405,700 13,100,000 0.72%
82 QUANEX BLDG PRODS CORP COM 697,600 12,968,000 0.71%
83 NetScout Systems Inc 560,825 12,478,000 0.68%
84 KFORCE INC COM 735,341 12,420,000 0.68%
85 BOSTON PRIVATE FINANCIAL HLDGS INC (FORM BOSTON PRIVATE BANCORP INC) 1,053,375 12,409,000 0.68%
86 CBIZ INC 1,191,368 12,402,000 0.68%
87 MATERION CORP COM 498,750 12,349,000 0.68%
88 HAYNES INTERNATIONAL INC 379,400 12,171,000 0.67%
89 FIRST MERCHANTS CORP COM 473,536 11,805,000 0.65%
90 ACTUANT CORP 504,375 11,404,000 0.62%
91 STONEGATE BANK 345,108 11,137,000 0.61%
92 DSW INC CL A 523,957 11,097,000 0.61%
93 KAISER ALUMINUM CORP COM PAR $0.01 119,817 10,833,000 0.59%
94 UNITED FINL BANCORP INC NEW COM 830,318 10,778,000 0.59%
95 WHITING PETE CORP NEW 1,139,237 10,549,000 0.58%
96 CARRIZO OIL & GAS INC 282,943 10,144,000 0.56%
97 ELECTRO SCIENTIFIC INDS 1,715,680 10,020,000 0.55%
98 EAGLE BANCORP INC MD 208,193 10,016,000 0.55%
99 SELECTIVE INS GROUP INC 259,894 9,931,000 0.54%
100 RUSH ENTERPRISES INC CL A 458,725 9,886,000 0.54%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000051964-16-000033, filed 2016.08.09).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.