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Institutional Investment Manager
Ativo Capital Management LLC
Ativo Capital Management LLC (CIK: 0001423065) incorporated in Delaware, located at 120 N Lasalle Street, Chicago, IL. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 193 holdings with a total value of $368,612,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 NEW YORK MORTGAGE TRUST INC COM 100,145 475,000 0.13% SH
152 UNIVEST FINANCIAL CORPORATIO 24,312 474,000 0.13% SH
153 ALLIED MOTION TECHNOLOGIES 26,361 474,000 0.13% SH
154 GOLUB CAP BDC INC 27,155 470,000 0.13% SH
155 LHC GROUP INC 13,170 468,000 0.13% SH
156 MESA LABS INC 4,840 466,000 0.13% SH
157 ENTERCOM COMMUNICATIONS CORP 44,034 466,000 0.13% SH
158 WSFS FINL CORPORATION 14,308 465,000 0.13% SH
159 DIAMOND HILL INVT GROUP INC 2,614 464,000 0.13% SH
160 FLY LEASING LIMITED SPONSORED ADR 36,518 464,000 0.13% SH
161 RPX CORP 40,818 460,000 0.12% SH
162 NEENAH INC COM 7,222 460,000 0.12% SH
163 WAYSIDE TECHNOLOGY GROUP INC 26,724 457,000 0.12% SH
164 BANCO DE CHILE 6,957 448,000 0.12% SH
165 BRYN MAWR BK CORP 17,424 448,000 0.12% SH
166 CITY HLDG CO COM 9,368 448,000 0.12% SH
167 NET 1 UEPS TECHNOLOGIES INC 48,419 445,000 0.12% SH
168 GLOBANT S A 14,389 444,000 0.12% SH
169 NATHANS FAMOUS INCORPORATED NEW 10,104 441,000 0.12% SH
170 ANI PHARMACEUTICALS INC 13,005 438,000 0.12% SH
171 AMERICAN SOFTWARE CL A CLASS A 48,424 436,000 0.12% SH
172 S L INDS INC 12,458 424,000 0.12% SH
173 Meet Group, Inc. 149,158 424,000 0.12% SH
174 Trico Bancshs Chico 16,421 416,000 0.11% SH
175 KFORCE INC COM 20,534 402,000 0.11% SH
176 IRADIMED CORP 21,007 402,000 0.11% SH
177 Penns Woods Bancorp Inc 10,375 400,000 0.11% SH
178 UNIVERSAL INS HLDGS INC 22,375 398,000 0.11% SH
179 BIOSPECIFICS TECHNOLOGIES CO 11,392 397,000 0.11% SH
180 UNITY BANCORP INC 34,615 394,000 0.11% SH
181 NOVA MEASURING INSTRUMENTS L 37,019 385,000 0.10% SH
182 MULTI COLOR CORP COM 7,155 382,000 0.10% SH
183 FEDERATED NATL HLDG CO COM 19,334 380,000 0.10% SH
184 GREAT SOUTHN BANCORP INC 9,906 368,000 0.10% SH
185 GRAY TELEVISION INC COM 31,177 365,000 0.10% SH
186 SPAN AMER MED SYS INC 19,107 363,000 0.10% SH
187 P T TELEKOMUNIKASI INDONESIA 6,922 352,000 0.10% SH
188 MIND C T I LTD 172,599 349,000 0.09% SH
189 INUVO INC 188,592 334,000 0.09% SH
190 TRANSCAT INC COM 24,913 253,000 0.07% SH
191 PRUDENTIAL PLC 5,700 212,000 0.06% SH
192 NOVANTA INC 10,500 149,000 0.04% SH
193 UNITED MICROELECTRONICS CORP 13,600 28,000 0.01% SH
Page 4 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001423065-16-000018, filed 2016.05.13).

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.