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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 (2016Q4)
Portfolio Summary: 176 holdings with a total value of $808,753,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 OLD SECOND BANCORP INC ILL 1,573,249 17,384,000 2.15%
2 ERA GROUP INC COM 982,215 16,668,000 2.06%
3 EPLUS INC COM 125,958 14,510,000 1.79%
4 BASSETT FURNITURE INDS INC COM 462,837 14,070,000 1.74%
5 SI FINANCIAL GROUP INC 869,085 13,383,000 1.65%
6 First Busey Corp 434,669 13,379,000 1.65%
7 HERITAGE FINL CORP WASH COM 488,840 12,587,000 1.56%
8 LANDEC CORP 896,539 12,372,000 1.53%
9 U S CONCRETE INC 182,710 11,967,000 1.48%
10 Enterprise Finl Svcs Corp 271,604 11,678,000 1.44%
11 MILLER INDUSTRIES INCORPORATED TENN COM NEW 435,881 11,529,000 1.43%
12 OVERSTOCK COM INC DEL COM 656,465 11,488,000 1.42%
13 LSI INDS INC COM 1,167,203 11,368,000 1.41%
14 GP Strategies Corp 391,572 11,198,000 1.38%
15 UFP TECHNOLOGIES INC 431,347 10,977,000 1.36%
16 PDF SOLUTIONS INC COM 485,708 10,952,000 1.35%
17 U S PHYSICAL THERAPY COM 155,553 10,919,000 1.35%
18 WINNEBAGO INDS INC COM 343,397 10,868,000 1.34%
19 Cynosure Inc 237,399 10,825,000 1.34%
20 ALLIED MOTION TECHNOLOGIES I 502,107 10,740,000 1.33%
21 RED ROBIN GOURMET BURGERS INC COM 189,923 10,711,000 1.32%
22 TRC COS INC 961,403 10,190,000 1.26%
23 INSTEEL IND 284,302 10,132,000 1.25%
24 MERCURY SYS INC COM 328,905 9,939,000 1.23%
25 GRAHAM CORP 446,183 9,882,000 1.22%
26 MERIT MED SYS INC COM 367,377 9,735,000 1.20%
27 FABRINET SHS 241,402 9,728,000 1.20%
28 ATRION CORP COM 19,078 9,676,000 1.20%
29 TOPGOLF CALLAWAY BRANDS CORP COM 858,330 9,407,000 1.16%
30 HERITAGE OAKS BANCORP COM 756,202 9,323,000 1.15%
31 HEALTHSTREAM INC 371,524 9,306,000 1.15%
32 HACKETT GROUP INC COM 526,760 9,302,000 1.15%
33 HOMETRUST BANCSHARES INC 355,240 9,200,000 1.14%
34 LYDALL INC COM 147,932 9,149,000 1.13%
35 H&E EQUIPMENT SERVICES LLC COM 388,370 9,029,000 1.12%
36 INDEPENDENT BK CORP MICH 413,318 8,969,000 1.11%
37 HILL INTERNATIONAL INC 2,023,121 8,800,000 1.09%
38 CALAMP CORP 606,835 8,799,000 1.09%
39 CLEARFIELD INC 419,715 8,688,000 1.07%
40 CRA INTL INC COM 227,224 8,316,000 1.03%
41 FLEXSTEEL INDS INC COM 133,803 8,251,000 1.02%
42 TIMKENSTEEL CORPORATION COM 511,740 7,921,000 0.98%
43 RENEWABLE ENERGY 801,140 7,771,000 0.96%
44 EVOLUTION PETE CORP 763,209 7,632,000 0.94%
45 RING ENERGY INC COM 567,274 7,368,000 0.91%
46 STONEGATE BK FT LAUDERDALE F 174,670 7,288,000 0.90%
47 LUMINEX CORP DEL COM 352,441 7,129,000 0.88%
48 INFORMATION SERVICES GROUP I 1,945,397 7,081,000 0.88%
49 ULTRA CLEAN HLDGS INC 726,584 7,047,000 0.87%
50 FIRST FINANCIAL NORTHWEST IN COM 356,927 7,045,000 0.87%
Page 1 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001057439-17-000012, filed 2017.01.11).

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.