Trigran Investments 13F annual report
Trigran Investments is an investment fund managing more than $956 billion ran by Lawrence Oberman. There are currently 20 companies in Mr. Oberman’s portfolio. The largest investments include Techtarget and Gentherm Inc, together worth $187 billion.
$956 billion Assets Under Management (AUM)
As of 7th August 2024, Trigran Investments’s top holding is 3,033,449 shares of Techtarget currently worth over $94.6 billion and making up 9.9% of the portfolio value.
Relative to the number of outstanding shares of Techtarget, Trigran Investments owns more than 0.1% of the company.
In addition, the fund holds 1,883,400 shares of Gentherm Inc worth $92.9 billion, whose value grew 4.9% in the past six months.
The third-largest holding is Synaptics Inc worth $89.6 billion and the next is Materion Corp worth $82.3 billion, with 761,392 shares owned.
Currently, Trigran Investments's portfolio is worth at least $956 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Trigran Investments
The Trigran Investments office and employees reside in Northbrook, Illinois. According to the last 13-F report filed with the SEC, Lawrence Oberman serves as the Executive Vice President at Trigran Investments.
Recent trades
In the most recent 13F filing, Trigran Investments revealed that it had opened a new position in
Calix Inc and bought 1,008,276 shares worth $35.7 billion.
This means they effectively own approximately 0.1% of the company.
Calix Inc makes up
8.0%
of the fund's Technology sector allocation and has decreased its share price by 9.0% in the past year.
The investment fund also strengthened its position in Techtarget by buying
1,246,234 additional shares.
This makes their stake in Techtarget total 3,033,449 shares worth $94.6 billion.
Techtarget dropped 8.1% in the past year.
On the other hand, there are companies that Trigran Investments is getting rid of from its portfolio.
Trigran Investments closed its position in Recovery Inc on 14th August 2024.
It sold the previously owned 2,488,459 shares for $69.6 billion.
Lawrence Oberman also disclosed a decreased stake in Synaptics Inc by 0.3%.
This leaves the value of the investment at $89.6 billion and 1,015,640 shares.
One of the average hedge funds
The two most similar investment funds to Trigran Investments are Rational Advisors and Murchinson. They manage $956 billion and $956 billion respectively.
Lawrence Oberman investment strategy
Trigran Investments’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 46.4% of
the total portfolio value.
The fund focuses on investments in the United States as
95.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
5% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $37.4 billion.
The complete list of Trigran Investments trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Techtarget Inc. |
69.73%
3,033,449
|
$94,552,606,000 | 9.89% |
| Gentherm Inc |
17.17%
1,883,400
|
$92,889,288,000 | 9.71% |
| Synaptics Inc |
26.12%
1,015,640
|
$89,579,448,000 | 9.37% |
| Materion Corp |
29.23%
761,392
|
$82,329,317,000 | 8.61% |
| Harmonic, Inc. |
4.52%
6,644,900
|
$78,210,474,000 | 8.18% |
| Sonos Inc |
15.70%
5,278,440
|
$77,909,775,000 | 8.15% |
| Energy Recovery Inc |
Closed
2,488,459
|
$69,552,429,000 | |
| Red Violet Inc |
1.51%
2,133,456
|
$54,189,782,000 | 5.67% |
| Anika Therapeutics Inc. |
18.24%
2,136,232
|
$54,110,757,000 | 5.66% |
| Shutterstock Inc |
244.92%
1,334,636
|
$51,650,413,000 | 5.40% |
| Surmodics, Inc. |
55.74%
1,043,676
|
$43,876,139,000 | 4.59% |
| Hackett Group Inc (The) |
2.28%
1,900,786
|
$41,285,073,000 | 4.32% |
| Ooma Inc |
13.98%
4,111,118
|
$40,823,402,000 | 4.27% |
| Calix Inc |
Opened
1,008,276
|
$35,723,219,000 | 3.74% |
| Cerence Inc |
Closed
1,182,383
|
$34,561,055,000 | |
| Extreme Networks Inc. |
Opened
2,366,409
|
$31,828,201,000 | 3.33% |
| Enpro Inc |
164.88%
216,568
|
$31,525,804,000 | 3.30% |
| MiMedx Group, Inc |
Opened
4,478,746
|
$31,037,710,000 | 3.25% |
| Absolute Software Corporation |
Closed
2,551,325
|
$29,210,790,000 | |
| Hayward Holdings, Inc. |
Opened
1,188,568
|
$14,619,387,000 | 1.53% |
| SiTime Corp |
Closed
115,767
|
$13,657,033,000 | |
| A10 Networks Inc |
Closed
903,528
|
$13,182,473,000 | |
| Quotient Technology Inc |
Closed
2,340,142
|
$8,986,146,000 | |
| Brightcove Inc |
50.40%
3,486,746
|
$8,263,588,000 | 0.86% |
| Everbridge Inc |
Closed
50,900
|
$1,369,211,000 | |
| Berkshire Hathaway Inc. |
13.70%
3,150
|
$1,281,420,000 | 0.13% |
| Barrett Business Svcs Inc |
Opened
18,228
|
$597,332,000 | 0.06% |
| Apple Inc |
Closed
1,200
|
$232,764,000 | |
| No transactions found | |||
| Showing first 500 out of 28 holdings | |||
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