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Institutional Investment Manager
FIDUCIARY MANAGEMENT ASSOCIATES LLC
FIDUCIARY MANAGEMENT ASSOCIATES LLC (CIK: 0000319902) incorporated in Delaware, located at 55 W Monroe, Chicago, IL. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q4)
Portfolio Summary: 104 holdings with a total value of $1,704,954,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 WP GLIMCHER IN COM 1,935,631 20,539,000 1.20%
52 TCF FINL CORP 1,447,983 20,446,000 1.20%
53 DCT Industrial Trust Inc 540,470 20,197,000 1.18%
54 IBERIABANK CORP COM 354,425 19,518,000 1.14%
55 ARGO GROUP INTERNATIONAL 325,373 19,471,000 1.14%
56 TRIUMPH GROUP INC NEW COM 489,283 19,451,000 1.14%
57 VERINT SYS INC 473,600 19,210,000 1.13%
58 AMERICAN HOMES 4 RENT CL A 1,137,950 18,958,000 1.11%
59 MICROSEMI CORP 566,831 18,472,000 1.08%
60 AMC ENTMT HLDGS INC 763,274 18,321,000 1.07%
61 EVERBANK FINL CORP COM 1,145,173 18,301,000 1.07%
62 COMSCORE INC 441,423 18,164,000 1.07%
63 CHESAPEAKE LODGING TRUSTSH BEN INT 721,504 18,152,000 1.06%
64 BOOT BARN HLDGS INC 1,474,646 18,123,000 1.06%
65 APOGEE ENTERPRISES INC COM 413,917 18,010,000 1.06%
66 SELECT COMFORT CORP 839,605 17,977,000 1.05%
67 ClubCorp Hldgs Inc 976,254 17,834,000 1.05%
68 MULTI COLOR CORP COM 295,405 17,669,000 1.04%
69 PORTLAND GEN ELEC CO 483,911 17,602,000 1.03%
70 LIGAND PHARMACEUTICALS INC 161,051 17,462,000 1.02%
71 MYRIAD GENETICS INC 403,460 17,415,000 1.02%
72 MONOLITHIC PWR SYS INC 273,201 17,412,000 1.02%
73 MADDEN STEVEN LTD COM 561,712 16,975,000 1.00%
74 Patterson UTI Energy Inc Com 1,019,675 15,377,000 0.90%
75 OIL STS INTL INC 554,690 15,114,000 0.89%
76 SUPERIOR ENERGY SVCS INC 932,505 12,561,000 0.74%
77 ISHARES TR 12,650 1,423,000 0.08%
78 CMS ENERGY CORP 15,455 557,000 0.03%
79 AQUA AMERICA INC 18,605 554,000 0.03%
80 PREMIER INC CL A 15,365 542,000 0.03%
81 HUNTINGTON BANCSHARES INC 48,205 533,000 0.03%
82 BANKUNITED INC 14,765 532,000 0.03%
83 JONES LANG LASALLE 3,285 525,000 0.03%
84 CDW CORP 12,315 518,000 0.03%
85 EAST WEST BANCORP INC 12,385 515,000 0.03%
86 ASSURANT INC 6,060 488,000 0.03%
87 WILLIAMS SONOMA INC 8,300 485,000 0.03%
88 AVERY DENNISON CORP 7,720 484,000 0.03%
89 ATMOS ENERGY CORP 7,560 476,000 0.03%
90 CARLISLE COS INC 5,180 460,000 0.03%
91 WR GRACE & CO 4,580 456,000 0.03%
92 HD SUPPLY HLDGS INCORPORATED 14,420 433,000 0.03%
93 INGREDION INC 4,525 433,000 0.03%
94 POPULAR INC COM NEW 14,815 420,000 0.02%
95 OLD DOMINION FREIGHT LINE IN 7,085 418,000 0.02%
96 SVB FINANCIAL GROUP 3,440 409,000 0.02%
97 FLOWERS FOODS INC 18,825 405,000 0.02%
98 SIGNATURE BANK 2,610 400,000 0.02%
99 AIR LEASE CORP 11,670 391,000 0.02%
100 ZEBRA TECHNOLOGIES CORPORATION CL A 5,145 359,000 0.02%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000319902-16-000016, filed 2016.02.10).

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.