ACUITAS INVESTMENTS LLC
Q1 2024 Form 13-F
SEATTLE, WASHINGTON
CIK 0001524828
· CRD 155782
· SEC-registered investment adviser
Holdings reported by
Vident Advisory LLC since Q1 2026
, Dean Capital Management since Q4 2024
Consolidated report · includes
1 manager
since Q4 2022
$198.2M Reported Value Total
ACUITAS INVESTMENTS, LLC reports 9 total accounts under management (AUM). There are 9 discretionary accounts valued at $902,208,628, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
2 funds
· $4.8M gross asset value
Other: $4.0M · Hedge Fund: $790.8K
Source: Form ADV filed 2026-04-16
Reported value
$198.2M
Quarter over quarter
+7.2%
Holdings
123
Top-10 concentration
22.8%
Filing Structure
Reports holdings for
- Seven Canyons Advisors, LLC (not a 13F filer in our records) · since Q4 2022 · declared by one filing
- Cobia Capital Management LP (not a 13F filer in our records) · Q2 2022 – Q4 2025 · declared by one filing
- WEBER CAPITAL MANAGEMENT LLC ADV · Q3 2025 – Q3 2025 · declared by one filing
- SIGNIA CAPITAL MANAGEMENT LLC · File #028-12115 · Q3 2020 – Q3 2025 · declared by one filing
- Weber Capital Management LLC (not a 13F filer in our records) · Q2 2023 – Q2 2025 · declared by one filing
- MAC Alpha Capital Management LP (not a 13F filer in our records) · Q2 2023 – Q1 2025 · declared by one filing
- Peapod Lane Capital LLC (not a 13F filer in our records) · Q2 2023 – Q3 2024 · declared by one filing
- SEVEN CANYONS ADVISORS, LLC (not a 13F filer in our records) · Q3 2021 – Q3 2022 · declared by one filing
- MEROS INVESTMENT MANAGEMENT, LP (not a 13F filer in our records) · Q2 2020 – Q4 2021 · declared by one filing
- AltraVue Capital (not a 13F filer in our records) · Q1 2018 – Q3 2018 · declared by one filing
Holdings reported by
- Vident Advisory LLC · since Q1 2026 · declared by one filing
- Dean Capital Management · since Q4 2024
- WEBER CAPITAL MANAGEMENT LLC ADV · Q4 2025 – Q1 2026 · declared by one filing
- Granahan Investment Management LLC · Q1 2024 – Q1 2026 · declared by one filing
- ClariVest Asset Management LLC · Q4 2014 – Q1 2026 · declared by one filing
- DIAMOND HILL CAPITAL MANAGEMENT INC · Q3 2024 – Q1 2026 · declared by one filing
- Riverwater Partners LLC · Q1 2024 – Q1 2026 · declared by one filing
- Meros Investment Management LP · Q1 2024 – Q1 2026 · declared by one filing
- Peapod Lane Capital LLC · Q4 2024 – Q1 2026 · declared by one filing
- Copeland Capital Management LLC · Q3 2025 – Q1 2026 · declared by one filing
- KENNEDY CAPITAL MANAGEMENT LLC · Q1 2024 – Q1 2026 · declared by one filing
- Bridge City Capital LLC · Q1 2024 – Q1 2026 · declared by one filing
- Pacific Ridge Capital Partners LLC · Q1 2024 – Q1 2026 · declared by one filing
- EAM Investors LLC · Q1 2024 – Q1 2026 · declared by one filing
- GLOBEFLEX CAPITAL L P · Q1 2024 – Q1 2026 · declared by one filing
- NEXT CENTURY GROWTH INVESTORS LLC · Q2 2025 – Q1 2026 · declared by one filing
- JCSD Capital LLC · Q1 2024 – Q1 2026 · declared by one filing
- Tieton Capital Management LLC · Q1 2024 – Q1 2026 · declared by one filing
- Ranger Investment Management L P · Q1 2024 – Q1 2026 · declared by one filing
- POLEN CAPITAL MANAGEMENT LLC · Q2 2025 – Q1 2026 · declared by one filing
- SIGNIA CAPITAL MANAGEMENT LLC · Q4 2025 – Q1 2026 · declared by one filing
- PZENA INVESTMENT MANAGEMENT LLC · Q1 2024 – Q1 2025 · declared by one filing
- MACKENZIE FINANCIAL CORP · Q1 2024 – Q1 2025 · declared by one filing
- OPTIONS SOLUTIONS LLC · Q2 2024 – Q1 2025 · declared by one filing
- ADVISORY RESEARCH INC · Q3 2015 – Q2 2024 · declared by one filing
- AltraVue Capital LLC · Q4 2018 – Q3 2023 · declared by one filing
- FRIESS ASSOCIATES LLC · Q4 2021 – Q2 2022 · declared by one filing
- FALCON POINT CAPITAL LLC · Q4 2014 – Q4 2014 · declared by one filing
Key People
Form ADV owners & control persons
Dennis Wesley Jensen
MANAGER
Christopher David Tessin
MANAGER AND MEMBER
Lisa Marie Thenell
CHIEF COMPLIANCE OFFICER/CHIEF OPERATING OFFICER
Filing Navigation
13F Metrics
Loading 13F Metrics
Q1 2024 13F record
Q1 2024 13F filing summary
| Period of report | March 31, 2024 |
|---|---|
| Filed | May 10, 2024 |
| Form | 13F-HR |
| Reported value | $198.2M |
| Positions | 123 |
| Change in reported value | +3.5% |
| New positions | 24 |
| Exited positions | 17 |
| Position turnover | 29.3% |
| Top-10 concentration | 22.8% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Nov 6, 2026
|
13 | $2.6M |
|
Q2 2026 13F
Filed Jul 30, 2026
|
7 | $1.4M |
|
Q1 2026 13F
Filed Apr 29, 2026
|
9 | $1.4M |
|
Q4 2025 13F
Filed Jan 27, 2026
|
1 | $496.5M |
|
Q3 2025 13F
Filed Nov 3, 2025
|
52 | $155.8M |
|
Q2 2025 13F
Filed Jul 31, 2025
|
53 | $125.7M |
|
Q1 2025 13F
Filed Apr 28, 2025
|
66 | $117.4M |
|
Q4 2024 13F
Filed Jan 31, 2025
|
63 | $121.8M |
|
Q3 2024 13F
Filed Nov 7, 2024
|
117 | $224.3M |
|
Q2 2024 13F
Filed Aug 5, 2024
|
118 | $186.8M |
|
Q1 2024 13F
Filed May 10, 2024
|
123 | $198.2M |
|
Q4 2023 13F
Filed Feb 2, 2024
|
116 | $191.5M |
|
Q3 2023 13F
Filed Oct 27, 2023
|
115 | $170.1M |
|
Q2 2023 13F
Filed Aug 7, 2023
|
106 | $171.7M |
|
Q1 2023 13F
Filed May 2, 2023
|
41 | $96.8M |
|
Q4 2022 13F
Filed Feb 6, 2023
|
38 | $99.1M |
|
Q3 2022 13F
Filed Nov 2, 2022
|
40 | $96.5M |
|
Q2 2022 13F
Filed Aug 3, 2022
|
41 | $103.7M |
|
Q1 2022 13F
Filed May 6, 2022
|
32 | $106.4M |
|
Q4 2021 13F
Filed Feb 8, 2022
|
65 | $234.9M |
9 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q1 2024
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | ARHS ARHAUS INC | $5.6M | 2.82% |
| 2 | ORN ORION GROUP HLDGS INC | $5.3M | 2.67% |
| 3 | HMST HOMESTREET INC | $5.0M | 2.53% |
| 4 | NGVC NATURAL GROCERS BY VITAMIN C | $4.5M | 2.27% |
| 5 | RRGB RED ROBIN GOURMET BURGERS IN | $4.3M | 2.16% |
| 6 | EQX EQUINOX GOLD CORP | $4.2M | 2.13% |
| 7 | TGB TASEKO MINES LTD | $4.2M | 2.13% |
| 8 | INBK FIRST INTERNET BANCORP | $4.1M | 2.08% |
| 9 | LGND LIGAND PHARMACEUTICALS INC | $4.0M | 2.02% |
| 10 | NGS NATURAL GAS SVCS GROUP INC | $3.9M | 1.96% |
| 11 | TRUE TRUECAR INC | $3.9M | 1.94% |
| 12 | YTRA YATRA ONLINE INC | $3.8M | 1.94% |
| 13 | OR OSISKO GOLD ROYALTIES LTD | $3.7M | 1.87% |
| 14 | TRC TEJON RANCH CO | $3.6M | 1.81% |
| 15 | FSP FRANKLIN STR PPTYS CORP | $3.4M | 1.7% |
| 16 | AAOI APPLIED OPTOELECTRONICS INC | $3.3M | 1.67% |
| 17 | SENEA SENECA FOODS CORP NEW | $3.3M | 1.64% |
| 18 | BH BIGLARI HLDGS INC | $3.1M | 1.56% |
| 19 | XOMA XOMA CORP DEL | $3.0M | 1.49% |
| 20 | UTI UNIVERSAL TECHNICAL INST INC | $3.0M | 1.49% |
Values as reported on the Q1 2024 Form 13F. Every position is in the holdings table below.