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Institutional Investment Manager
Walthausen & Co., LLC
Walthausen & Co., LLC (CIK: 0001483339) incorporated in Delaware, located at 2691 Route 9, Suite 102, Malta, NY. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q4)
Portfolio Summary: 128 holdings with a total value of $1,299,348,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 TRUSTCO BANK CM 1,937,938 14,069,000 1.08%
52 AAON INC 628,074 14,063,000 1.08%
53 INTREPID POTASH INC 983,840 13,656,000 1.05%
54 WPX ENERGY INC 1,150,737 13,383,000 1.03%
55 CITY HLDG CO COM 282,628 13,151,000 1.01%
56 WINNEBAGO INDS INC COM 577,706 12,571,000 0.97%
57 Trico Bancshs Chico 490,410 12,113,000 0.93%
58 DIGITALGLOBE INC 380,080 11,771,000 0.91%
59 REX ENERGY CORPORATION 2,261,590 11,534,000 0.89%
60 BEL FUSE INC CL B 380,955 10,415,000 0.80%
61 ERA GROUP INC COM 490,735 10,379,000 0.80%
62 GREAT SOUTHN BANCORP INC 259,280 10,286,000 0.79%
63 Mercer International 826,634 10,159,000 0.78%
64 LAWSON PRODS INC COM 337,310 9,013,000 0.69%
65 AMERICAN PUB ED INC COM 226,080 8,336,000 0.64%
66 CSS INDS INC 293,903 8,123,000 0.63%
67 NEVSUN RES LTD 2,043,520 7,949,000 0.61%
68 BASSETT FURNITURE INDS INC COM 340,352 6,640,000 0.51%
69 LYDALL INC COM 197,453 6,480,000 0.50%
70 AMERICAN VANGUARD CORP COM 557,480 6,478,000 0.50%
71 COLUMBUS MCKINNON CORP N Y COM 221,547 6,212,000 0.48%
72 STOCK YDS BANCORP INC 183,380 6,114,000 0.47%
73 GNC HLDGS INC 129,097 6,062,000 0.47%
74 ADDUS HOMECARE CORP COM 247,206 6,000,000 0.46%
75 PetroQuest Energy 1,583,550 5,922,000 0.46%
76 DEVRY EDUCATION 123,374 5,857,000 0.45%
77 AVERY DENNISON CORP 112,438 5,833,000 0.45%
78 OUTFRONT MEDIA INC 214,637 5,761,000 0.44%
79 CLIFFS NAT RES INC 804,920 5,747,000 0.44%
80 HEALTHSOUTH CORP 148,997 5,730,000 0.44%
81 COMMERCE BANCSHARES INC 130,519 5,676,000 0.44%
82 UNIFIRST CORP MASS COM 46,405 5,636,000 0.43%
83 GRAHAM HLDGS CO 6,485 5,601,000 0.43%
84 ASSURANT INC 81,841 5,600,000 0.43%
85 SWIFT TRANSN CO 195,570 5,599,000 0.43%
86 CHICAGO BRIDGE & IRON CO N V 132,830 5,576,000 0.43%
87 SIGNATURE BANK 43,850 5,523,000 0.43%
88 CARLISLE COS INC 60,830 5,489,000 0.42%
89 BROCADE COMMUNICATIONS SYS I 456,207 5,401,000 0.42%
90 APTARGROUP INC 80,402 5,374,000 0.41%
91 AMERICAN FINL GROUP INC OHIO 88,295 5,361,000 0.41%
92 INDEPENDENT BK CORP MASS COM 124,678 5,337,000 0.41%
93 BANK HAWAII CORP 88,850 5,270,000 0.41%
94 SYMETRA FINANCIAL INC 224,383 5,172,000 0.40%
95 POLYONE CORP 136,095 5,159,000 0.40%
96 GAMESTOP CORP NEW 152,568 5,157,000 0.40%
97 AVNET INC 119,132 5,125,000 0.39%
98 KINDRED HEALTHCARE INC 270,330 4,915,000 0.38%
99 LIONBRIDGE TECHNOLOGIES ORD 839,030 4,824,000 0.37%
100 ELECTRONICS FOR IMAGING INC 110,226 4,721,000 0.36%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001483339-15-000006, filed 2015.02.12).

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.