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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 (2017Q1)
Portfolio Summary: 223 holdings with a total value of $402,703,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 FONAR CORP 61,186 1,074,000 0.27%
152 RPX CORPORATION 89,018 1,068,000 0.27%
153 Omega Protein Corp 52,914 1,061,000 0.26%
154 Landmark Bancorp Inc 35,346 1,048,000 0.26%
155 Fly Leasing Ltd Sp ADR 79,818 1,047,000 0.26%
156 UNITIL CORPORATION 23,004 1,036,000 0.26%
157 WASHINGTON TR BANCORP COM 20,905 1,031,000 0.26%
158 UTAH MED PRODS INC 16,525 1,030,000 0.26%
159 KFORCE INC COM 43,108 1,024,000 0.25%
160 STOCK YDS BANCORP INC 25,057 1,019,000 0.25%
161 West Bancorporation Inc Cap St 44,322 1,017,000 0.25%
162 SPAN AMER MED SYS INC 48,201 1,016,000 0.25%
163 FINANCIAL INSTNS INC 30,835 1,016,000 0.25%
164 QUANEX BLDG PRODS CORP COM 50,011 1,013,000 0.25%
165 SUPREME INDS INC 50,010 1,013,000 0.25%
166 Perficient Inc 58,116 1,009,000 0.25%
167 State Natl Cos Inc 70,018 1,008,000 0.25%
168 CPI Card Group Inc 240,067 1,008,000 0.25%
169 TRANSCAT INC COM 78,685 999,000 0.25%
170 ARI Network Services Inc 191,042 993,000 0.25%
171 Crown Crafts Inc 120,628 992,000 0.25%
172 UNIVEST FINANCIAL CORPORATIO 38,113 987,000 0.25%
173 Avid Technology Inc 211,355 985,000 0.24%
174 Mesa Laboratories Inc 8,020 984,000 0.24%
175 NATIONAL PRESTO INDS INC COM 9,603 981,000 0.24%
176 DONEGAL GROUP INC 54,013 952,000 0.24%
177 Hennessy Advisors Inc 56,485 950,000 0.24%
178 Globant SA 26,089 950,000 0.24%
179 Resources Connection Inc 56,211 942,000 0.23%
180 PETMED EXPRESS INC 46,461 936,000 0.23%
181 EMC INS GROUP INC COM 33,171 931,000 0.23%
182 AMERICAN SOFTWARE CL A CLASS A 89,759 923,000 0.23%
183 MONROE CAP CORP 58,013 913,000 0.23%
184 Vectrus Inc 40,708 910,000 0.23%
185 GREAT SOUTHN BANCORP INC 17,805 899,000 0.22%
186 GOLUB CAPITAL BDC 44,972 894,000 0.22%
187 WAYSIDE TECHNOLOGY GROUP INC 47,143 886,000 0.22%
188 CITY HLDG CO COM 13,659 881,000 0.22%
189 Blue Cap Reins Holdings Ltd 45,017 869,000 0.22%
190 ACNB CORP 30,008 866,000 0.22%
191 Fidus Investment Corp 49,009 861,000 0.21%
192 Advanced Semiconductor Engr Sp 131,952 855,000 0.21%
193 Xerium Technologies Inc 133,032 851,000 0.21%
194 Diamond Hill Investment Group 4,301 837,000 0.21%
195 G P STRATEGIES CORP 32,485 822,000 0.20%
196 AT&T Inc New 19,514 811,000 0.20%
197 NEW YORK MORTGAGE TRUST INC COM 131,137 809,000 0.20%
198 Planet Payment Inc 200,039 796,000 0.20%
199 ALLIED MOTION TECHNOLOGIES 39,457 793,000 0.20%
200 NANOMETRICS INC 26,000 792,000 0.20%
Page 4 of 5

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001423065-17-000003, filed 2017.05.12).

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.