1y return+36.7%S&P 500 +20.9%
3y return+63.8%S&P 500 +68.5%
5y return+53.5%S&P 500 +74.5%
10y return+187.7%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $288 against $357 in the S&P 500.2
Kennedy Capital Management LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| MRCYMercury Systems Inc | $72.4M | 1.3% | |
| VMIValmont Industries, Inc. | $62.8M | 1.1% | −24.3% |
| CHEFChefs Warehouse Inc. | $62.7M | 1.1% | −3.8% |
| RALRalliant Corp. | $62.4M | 1.1% | +12.4% |
| QCRHQCR Holdings Inc. | $55.0M | 1.0% | −15.1% |
| ALGMAllegro MicroSystems Inc | $48.0M | 0.9% | −24.2% |
| TEXTerex Corporation | $47.7M | 0.8% | +14.1% |
| SAROStandardAero Inc. | $47.2M | 0.8% | +41.7% |
| PENGPenguin Solutions Inc | $46.4M | 0.8% | −37.6% |
| Gates Industrial Corp Ltd.CUSIP G39104107 | $45.7M | 0.8% | New |
| MTRNMaterion Corp | $44.2M | 0.8% | −10.4% |
| HALOHalozyme Therapeutics Inc | $42.7M | 0.8% | +12.5% |
| ONTOOnto Innovation Inc. | $42.4M | 0.7% | −29.7% |
| AXAxos Financial Inc | $41.5M | 0.7% | +84.2% |
| ENSEnerSys | $40.1M | 0.7% | −14.8% |
| Ichor Holdings LtdCUSIP G4740B105 | $40.1M | 0.7% | −56.0% |
| WTFCWintrust Financial Corporation | $37.6M | 0.7% | |
| DINOHF Sinclair Corp. | $37.6M | 0.7% | −13.3% |
| ALGAlamo Group Inc | $37.3M | 0.7% | +12.9% |
| FRFirst Industrial Realty Trust, Inc. | $36.8M | 0.7% | +27.3% |
| AZZAZZ Inc | $35.7M | 0.6% | −2.8% |
| SSBSouthstate Bank Corp. | $34.4M | 0.6% | +78.3% |
| OZKBank OZK | $34.4M | 0.6% | −2.6% |
| OBKOrigin Bancorp Inc | $34.3M | 0.6% | −4.7% |
| SFStifel Financial Corporation | $33.4M | 0.6% | −1.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| SEISolaris Energy Infrastructure Inc | March 31, 2022 | +612.7% | $32.5M |
| VMIValmont Industries, Inc. | June 30, 2020 | +408.3% | $62.8M |
| MTRNMaterion Corp | June 30, 2020 | +383.7% | $44.2M |
| AZZAZZ Inc | September 30, 2020 | +354.4% | $35.7M |
| AXAxos Financial Inc | June 30, 2020 | +341.1% | $41.5M |
| Ichor Holdings LtdCUSIP G4740B105 | June 30, 2020 | +322.4% | $40.1M |
| PSNLPersonalis Inc | March 31, 2025 | +281.8% | $31.7M |
| CHEFChefs Warehouse Inc. | December 31, 2020 | +274.1% | $62.7M |
| WTFCWintrust Financial Corporation | June 30, 2020 | +268.5% | $37.6M |
| ENSEnerSys | June 30, 2020 | +263.2% | $40.1M |
Sold off last quarter
- Gates Industrial Corp PLCCUSIP G39108108 was $36.2M
- Thermon Group Holdings IncCUSIP 88362T103 was $18.6M
- IESCIES Holdings Inc. was $15.7M
- Heritage Commerce Corp.CUSIP 426927109 was $12.3M
- YETIYeti Holdings Inc was $11.7M
- Day One Biopharmaceuticals Inc.CUSIP 23954D109 was $9.4M
- ELFE L F Beauty Inc was $8.7M
- NATLNCR Atleos Corp. was $8.6M
- CRSCarpenter Technology Corporation was $8.2M
- STKLSunopta Inc was $7.7M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +22.2% | +14.8% |
| March 31, 2026 | +2.2% | −4.6% |
| December 31, 2025 | +2.2% | +2.4% |
| September 30, 2025 | +7.1% | +7.8% |
| June 30, 2025 | +6.0% | +10.5% |
| March 31, 2025 | −6.2% | −4.6% |
| December 31, 2024 | +0.3% | +2.1% |
| September 30, 2024 | +8.2% | +5.4% |
| June 30, 2024 | −3.0% | +4.0% |
| March 31, 2024 | +6.6% | +10.0% |
| December 31, 2023 | +13.6% | +11.2% |
| September 30, 2023 | −5.5% | −3.6% |
| June 30, 2023 | +4.1% | +8.3% |
| March 31, 2023 | +0.6% | +7.0% |
| December 31, 2022 | +7.7% | +7.1% |
| September 30, 2022 | −3.3% | −5.3% |
| June 30, 2022 | −15.6% | −16.5% |
| March 31, 2022 | −7.0% | −4.9% |
| December 31, 2021 | +10.2% | +10.7% |
| September 30, 2021 | −0.7% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Kennedy Capital Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=884589&type=13F-HR&dateb=&owner=include&count=40CIK 884589
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/884589/000088458926000010/Filed August 14, 2026 · accession 0000884589-26-000010