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Institutional Investment Manager
THB ASSET MANAGEMENT
THB ASSET MANAGEMENT (CIK: 0001057439) incorporated in Delaware, located at 101 Merritt 7, Norwalk, CT. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 168 holdings with a total value of $770,387,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 ARGAN INC 355,230 14,820,000 1.92%
2 FABRINET SHS 394,388 14,639,000 1.90%
3 Cynosure Inc 300,014 14,594,000 1.89%
4 LSI INDS INC COM 1,316,330 14,571,000 1.89%
5 SI FINANCIAL GROUP INC 1,084,537 14,359,000 1.86%
6 WCI CMNTYS INC 823,448 13,916,000 1.81%
7 EPLUS INC COM 166,795 13,642,000 1.77%
8 PACIFIC ETHANOL INC 2,376,278 12,950,000 1.68%
9 TOPGOLF CALLAWAY BRANDS CORP COM 1,240,747 12,668,000 1.64%
10 VASCULAR SOLUTIONS INC COM 281,820 11,740,000 1.52%
11 HEALTHSTREAM INC 434,673 11,527,000 1.50%
12 RENEWABLE ENERGY 1,300,189 11,480,000 1.49%
13 HERITAGE FINL CORP WASH COM 638,910 11,232,000 1.46%
14 HERITAGE OAKS BANCORP COM 1,403,002 11,139,000 1.45%
15 WINNEBAGO INDS INC COM 485,707 11,132,000 1.44%
16 Enterprise Finl Svcs Corp 384,257 10,716,000 1.39%
17 ATRION CORP COM 24,917 10,660,000 1.38%
18 ERA GROUP INC COM 1,132,019 10,640,000 1.38%
19 Bridge Bancorp Inc 374,060 10,623,000 1.38%
20 U S PHYSICAL THERAPY COM 172,909 10,410,000 1.35%
21 CLEARFIELD INC 574,591 10,279,000 1.33%
22 MARINEMAX INC COM 587,345 9,967,000 1.29%
23 OLD SECOND BANCORP INC ILL 1,457,861 9,957,000 1.29%
24 BASSETT FURNITURE INDS INC COM 405,717 9,712,000 1.26%
25 PLANET PAYMENT INC 2,158,330 9,690,000 1.26%
26 LYDALL INC COM 250,142 9,645,000 1.25%
27 SAGENT PHARMACEUTICALS INC 632,499 9,474,000 1.23%
28 CRA INTL INC COM 372,984 9,406,000 1.22%
29 MERIT MED SYS INC COM 459,358 9,109,000 1.18%
30 CALAMP CORP 612,673 9,073,000 1.18%
31 ALLIED MOTION TECHNOLOGIES I 389,829 9,067,000 1.18%
32 HACKETT GROUP INC COM 609,766 8,457,000 1.10%
33 KADANT INC 161,667 8,327,000 1.08%
34 OVERSTOCK COM INC DEL COM 516,575 8,322,000 1.08%
35 INDEPENDENT BK CORP MICH 573,380 8,319,000 1.08%
36 PDF SOLUTIONS INC COM 590,818 8,265,000 1.07%
37 LANDEC CORP 766,600 8,248,000 1.07%
38 CAMBREX CORP 158,615 8,205,000 1.07%
39 GLOBAL MED REIT INC 811,000 8,199,000 1.06%
40 MILLER INDUSTRIES INCORPORATED TENN COM NEW 398,097 8,196,000 1.06%
41 DEL TACO RESTAURANTS INC 864,700 7,868,000 1.02%
42 HILL INTERNATIONAL INC 1,899,105 7,729,000 1.00%
43 ENVIRI CORP COM 1,131,730 7,514,000 0.98%
44 GP Strategies Corp 342,052 7,419,000 0.96%
45 GRAHAM CORP 398,088 7,332,000 0.95%
46 MYR GROUP INC DEL COM 299,116 7,202,000 0.93%
47 UFP TECHNOLOGIES INC 317,104 7,147,000 0.93%
48 AUTOBYTEL INC COM NEW 512,417 7,107,000 0.92%
49 UNIVERSAL ELECTRS INC COM 96,919 7,005,000 0.91%
50 MERCURY SYS INC COM 276,220 6,866,000 0.89%
Page 1 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001057439-16-000144, filed 2016.07.20).

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.