FIRST WILSHIRE SECURITIES MANAGEMENT INC's Q1 2026 13F: 2 new positions, 4 exits
Form 13F-HR for the quarter ended Mar 31, 2026 · filed May 12, 2026 · 85 reported positions · accession 0000732847-26-000007
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | ISHARES TR (SGOV) | 9.7% | 15.1% | +5.4 pts | +282K sh | +73% |
| Reduced | EZCORP INC (EZPW) | 8.5% | 4.2% | −4.3 pts | −998K sh | −57% |
| Increased | GIBRALTAR INDS INC (ROCK) | 1.6% | 4.5% | +2.9 pts | +371K sh | +288% |
| Exited | GULF IS FABRICATION INC (GIFI) | 3.0% | — | −3.0 pts | −1.01M sh | −100% |
| Reduced | NWPX INFRASTRUCTURE INC (NWPX) | 4.6% | 3.1% | −1.5 pts | −118K sh | −40% |
| Reduced | GILAT SATELLITE NETWORKS LTD (GILT) | 3.0% | 2.1% | −1.0 pts | −329K sh | −35% |
| Increased | LIMONEIRA CO (LMNR) | 0.8% | 1.7% | +0.9 pts | +318K sh | +122% |
| Increased | INNOSPEC INC (IOSP) | 1.9% | 2.4% | +0.5 pts | +47,498 sh | +47% |
| Reduced | CAMTEK LTD (CAMT) | 2.8% | 3.1% | +0.3 pts | −12,711 sh | −12% |
| Reduced | VITESSE ENERGY INC (VTS) | 1.1% | 0.5% | −0.5 pts | −88,273 sh | −40% |
| Increased | CERAGON NETWORKS LTD (CRNT) | 2.2% | 2.4% | +0.2 pts | +740K sh | +18% |
| Increased | SPDR SERIES TRU (BIL) | 2.1% | 2.2% | +0.1 pts | +14,084 sh | +15% |
| Exited | SUPERIOR GROUP OF CO INC (SGC) | 0.3% | — | −0.3 pts | −114K sh | −100% |
| Increased | SIGA TECHNOLOGIES INC (SIGA) | 1.1% | 1.1% | 0.0 pts | +206K sh | +30% |
| Reduced | MATRIX SVC CO (MTRX) | 1.8% | 1.4% | −0.5 pts | −90,179 sh | −15% |
| Reduced | TUTOR PERINI CORP (TPC) | 1.9% | 1.8% | −0.2 pts | −12,333 sh | −11% |
| Increased | RICHARDSON ELECTRS LTD (RELL) | 1.6% | 1.7% | 0.0 pts | +82,054 sh | +14% |
| Increased | PURE CYCLE CORP (PCYO) | 1.0% | 1.0% | −0.1 pts | +56,027 sh | +15% |
| Increased | LIBERTY GLOBAL LTD (LBTYA) | 6.5% | 6.4% | −0.1 pts | +34,019 sh | +1% |
| Increased | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 2.2% | 2.0% | −0.2 pts | +781 sh | +4% |
| Increased | ISHARES TR (SHV) | 0.1% | 0.2% | +0.1 pts | +2,944 sh | +55% |
| Increased | RIBBON COMMUNICATIONS INC (RBBN) | 0.9% | 0.7% | −0.2 pts | +140K sh | +11% |
| Increased | ECOVYST INC (ECVT) | 5.3% | 6.4% | +1.0 pts | +21,850 sh | +1% |
| Exited | APPLE INC (AAPL) | 0.1% | — | −0.1 pts | −860 sh | −100% |
| Increased | TRI POINTE HOMES INC (TPH) | 3.5% | 4.7% | +1.2 pts | +5,217 sh | +1% |
| Exited | ISHARES TR (SHY) | 0.1% | — | −0.1 pts | −2,486 sh | −100% |
| Increased | CHECK POINT SOFTWARE TECH LT (CHKP) | 0.2% | 0.2% | 0.0 pts | +1,608 sh | +37% |
| Increased | SILICOM LTD (SILC) | 1.1% | 1.5% | +0.4 pts | +10,834 sh | +4% |
| New | INTEL CORP (INTC) | — | 0.0% | 0.0 pts | +5,000 sh | new |
| Reduced | INVESCO EXCH TRA (QQQM) | 0.1% | 0.1% | −0.1 pts | −923 sh | −45% |
| New | ISHARES TR (IJT) | — | 0.0% | 0.0 pts | +1,400 sh | new |
| Increased | AVIAT NETWORKS INC (AVNW) | 2.8% | 2.7% | −0.1 pts | +5,302 sh | +1% |
| Increased | SANDRIDGE ENERGY INC (SD) | 5.1% | 5.2% | +0.1 pts | +6,886 sh | 0% |
| Increased | ANDERSONS INC (ANDE) | 1.3% | 1.6% | +0.3 pts | +1,471 sh | +2% |
| Increased | IMAX CORP (IMAX) | 1.4% | 1.3% | −0.1 pts | +2,762 sh | +2% |
| Increased | LIBERTY GLOBAL LTD (LBTYK) | 1.2% | 1.2% | 0.0 pts | +8,761 sh | +2% |
| Increased | HUNTSMAN CORP (HUN) | 2.5% | 3.1% | +0.5 pts | +7,251 sh | +1% |
| Increased | FEDERAL AGRIC MTG CORP (AGM) | 1.2% | 0.9% | −0.3 pts | +460 sh | +2% |
| Reduced | GE VERNOVA INC (GEV) | 0.1% | 0.1% | 0.0 pts | −56 sh | −11% |
| Reduced | SCHWAB STRATEGIC TR (SCHD) | 0.3% | 0.3% | 0.0 pts | −1,500 sh | −3% |
| Increased | EAST WEST BANCORP INC (EWBC) | 1.3% | 1.1% | −0.2 pts | +399 sh | +1% |
| Increased | CRAWFORD & CO (CRDB) | 0.4% | 0.3% | −0.1 pts | +3,302 sh | +2% |
| Reduced | CITIGROUP INC (C) | 0.1% | 0.1% | 0.0 pts | −284 sh | −12% |
| Increased | MAGNACHIP SEMICONDUCTOR CORP (MX) | 0.5% | 0.5% | 0.0 pts | +11,096 sh | +2% |
| Increased | LUXFER HLDGS PLC (LXFR) | 1.2% | 0.9% | −0.2 pts | +2,454 sh | +1% |
| Increased | JEFFERIES FINANCIAL GROUP IN (JEF) | 0.8% | 0.5% | −0.3 pts | +655 sh | +1% |
| Reduced | AMAZON (AMZN) | 0.2% | 0.1% | 0.0 pts | −126 sh | −5% |
| Reduced | ALPHABET INC CAP STK (GOOGL) | 0.1% | 0.1% | 0.0 pts | −90 sh | −5% |
| Reduced | ORION GROUP HLDGS INC (ORN) | 1.3% | 1.3% | 0.0 pts | −2,359 sh | 0% |
| Reduced | MERCK & CO INC (MRK) | 0.1% | 0.1% | 0.0 pts | −212 sh | −10% |
The 50 largest of 58 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 55.8% of the equity book
Changes in the top 10 this quarter: ROCK entered · CAMT entered · MLR entered · GIFI left · GILT left · AVNW left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ISHARES TR (SGOV) | 9.7% | 15.1% | |
| 2 | LIBERTY GLOBAL LTD (LBTYA) | 6.5% | 6.4% | |
| 3 | ECOVYST INC (ECVT) | 5.3% | 6.4% | |
| 4 | SANDRIDGE ENERGY INC (SD) | 5.1% | 5.2% | |
| 5 | TRI POINTE HOMES INC (TPH) | 3.5% | 4.7% | |
| 6 | GIBRALTAR INDS INC (ROCK) | 1.6% | 4.5% | Entered the top 10 |
| 7 | EZCORP INC (EZPW) | 8.5% | 4.2% | |
| 8 | CAMTEK LTD (CAMT) | 2.8% | 3.1% | Entered the top 10 |
| 9 | NWPX INFRASTRUCTURE INC (NWPX) | 4.6% | 3.1% | |
| 10 | MILLER INDS INC TENN (MLR) | 2.8% | 3.1% | Entered the top 10 |
| — | GULF IS FABRICATION INC (GIFI) | 3.0% | 0.0% | Left the top 10 |
| — | GILAT SATELLITE NETWORKS LTD (GILT) | 3.0% | 2.1% | Left the top 10 |
| — | AVIAT NETWORKS INC (AVNW) | 2.8% | 2.7% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).