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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 (2016Q4)
Portfolio Summary: 199 holdings with a total value of $1,892,609,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 DYCOM INDS INC 117,380 9,424,000 0.50%
102 ELECTRO SCIENTIFIC INDS 1,600,580 9,475,000 0.50%
103 SELECTIVE INS GROUP INC 223,294 9,613,000 0.51%
104 TRIUMPH GROUP INC NEW COM 406,822 10,781,000 0.57%
105 QTS RLTY TR INC 217,870 10,817,000 0.57%
106 HAVERTY FURNITURE COS INC COM 462,473 10,961,000 0.58%
107 EAGLE BANCORP INC MD 185,593 11,312,000 0.60%
108 ACTUANT CORP 440,670 11,435,000 0.60%
109 GRANITE CONSTR INC 222,866 12,258,000 0.65%
110 CARRIZO OIL & GAS INC 340,883 12,732,000 0.67%
111 RUSH ENTERPRISES INC CL A 400,605 12,779,000 0.68%
112 Acxiom Corp 486,514 13,039,000 0.69%
113 INTEGRATED DEVICE TECHNOLOGY 564,099 13,290,000 0.70%
114 BNC BANCORP 417,625 13,322,000 0.70%
115 MARTEN TRANS LTD COM 574,475 13,385,000 0.71%
116 MUELLER WTR PRODUCTS INCORPORATED COM SER A 1,026,145 13,658,000 0.72%
117 CONMED CORP 318,733 14,078,000 0.74%
118 Snyders-Lance Inc 367,757 14,100,000 0.75%
119 CBIZ INC 1,035,328 14,184,000 0.75%
120 TEXAS CAPITAL BANCSHARES INC 181,277 14,212,000 0.75%
121 HAYNES INTERNATIONAL INC 331,100 14,234,000 0.75%
122 MATERION CORP COM 360,250 14,266,000 0.75%
123 BIO RAD LABS INC 79,740 14,535,000 0.77%
124 IXYS Corporation 1,231,428 14,654,000 0.77%
125 BOSTON PRIVATE FINANCIAL HLDGS INC (FORM BOSTON PRIVATE BANCORP INC) 910,935 15,076,000 0.80%
126 FIRST MERCHANTS CORP COM 403,812 15,204,000 0.80%
127 FULLER H B CO 315,316 15,233,000 0.80%
128 KAISER ALUMINUM CORP COM PAR $0.01 196,717 15,283,000 0.81%
129 STONEGATE BANK 367,408 15,332,000 0.81%
130 DUPONT FABROS TECHNOLOGY INC 350,066 15,378,000 0.81%
131 DSW INC CL A 682,632 15,462,000 0.82%
132 GLATFELTER 655,574 15,662,000 0.83%
133 KITE RLTY GROUP TR 668,860 15,705,000 0.83%
134 Yadkin Finl Corp Com 464,318 15,908,000 0.84%
135 SIMMONS 1ST NATL CORP CL A $1 PAR 257,655 16,013,000 0.85%
136 FEDERAL SIGNAL CORP 1,027,375 16,037,000 0.85%
137 Perficient Inc 926,005 16,196,000 0.86%
138 Catchmark Timber Trust Inc 1,451,740 16,347,000 0.86%
139 M D C HLDGS INC COM 640,280 16,430,000 0.87%
140 FIRST INDL RLTY TR INC 586,185 16,442,000 0.87%
141 HEARTLAND EXPRESS INC COM 816,945 16,633,000 0.88%
142 KAMAN CORP COM 347,377 16,997,000 0.90%
143 GREIF INC 339,853 17,438,000 0.92%
144 EMPIRE ST RLTY TR INC 865,495 17,474,000 0.92%
145 WHITING PETE CORP NEW 1,456,992 17,513,000 0.93%
146 HomeTrust Bancshares, Inc. 680,532 17,626,000 0.93%
147 NetScout Systems Inc 560,890 17,668,000 0.93%
148 BELDEN INC 237,011 17,721,000 0.94%
149 ALBANY INTL CORP CL A 389,168 18,018,000 0.95%
150 SP Plus 640,171 18,021,000 0.95%
Page 3 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000051964-17-000003, filed 2017.02.07).

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.