HEARTLAND ADVISORS INC
Q3 2023 Form 13-F
MILWAUKEE, WISCONSIN
CIK 0000937394
· CRD 29433
· SEC-registered investment adviser
$1.8B Reported Value Total
HEARTLAND ADVISORS, INC. reports 98 total accounts under management (AUM). There are 98 discretionary accounts valued at $1,980,254,821, 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.
Source: Form ADV filed 2026-02-26
Reported value
$1.8B
Quarter over quarter
-2.5%
Holdings
178
Top-10 concentration
17.8%
Filing Structure
Reports holdings for
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO · File #028-11160 · Q1 2024 – Q1 2026 · declared by one filing
Holdings reported by
- THE BANK OF NEW YORK MELLON CORPORATION · Q3 2020 – Q1 2024
Key People
Form ADV owners & control persons
William Richard Nasgovitz
DIRECTOR & CHIEF EXECUTIVE OFFICER & TRUSTEE OF TRUST
Nicole Jeannine Best
SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER & CHIEF ADMINSTRATIVE OFFICER
Andrew John Fleming
VICE PRESIDENT & PORTFOLIO MANAGER
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
13F Metrics
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Q3 2023 13F record
Q3 2023 13F filing summary
| Period of report | September 30, 2023 |
|---|---|
| Filed | November 08, 2023 |
| Form | 13F-HR |
| Reported value | $1.8B |
| Positions | 178 |
| Change in reported value | +1.8% |
| New positions | 11 |
| Exited positions | 7 |
| Position turnover | 9.7% |
| Top-10 concentration | 17.8% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 11, 2026
|
244 | $2.2B |
|
Q1 2026 13F
Filed May 6, 2026
|
244 | $2.0B |
|
Q4 2025 13F
Filed Feb 11, 2026
|
253 | $1.9B |
|
Q3 2025 13F
Filed Nov 7, 2025
|
237 | $1.9B |
|
Q2 2025 13F
Filed Aug 12, 2025
|
213 | $1.8B |
|
Q1 2025 13F
Filed May 7, 2025
|
202 | $1.7B |
|
Q4 2024 13F
Filed Feb 12, 2025
|
198 | $1.8B |
|
Q3 2024 13F
Filed Nov 12, 2024
|
184 | $1.9B |
|
Q2 2024 13F
Filed Aug 8, 2024
|
178 | $1.8B |
|
Q1 2024 13F
Filed May 7, 2024
|
175 | $1.9B |
|
Q4 2023 13F
Filed Feb 8, 2024
|
183 | $1.9B |
|
Q3 2023 13F
Filed Nov 8, 2023
|
178 | $1.8B |
|
Q2 2023 13F
Filed Aug 10, 2023
|
174 | $1.7B |
|
Q1 2023 13F
Filed May 11, 2023
|
174 | $1.6B |
|
Q4 2022 13F
Filed Feb 8, 2023
|
182 | $1.6B |
|
Q3 2022 13F
Filed Nov 10, 2022
|
180 | $1.3B |
|
Q2 2022 13F
Filed Aug 12, 2022
|
189 | $1.4B |
|
Q1 2022 13F
Filed May 12, 2022
|
192 | $1.6B |
|
Q4 2021 13F
Filed Feb 9, 2022
|
202 | $1.7B |
|
Q3 2021 13F
Filed Nov 9, 2021
|
212 | $1.7B |
33 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q3 2023
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | NOV NOV INC | $48.0M | 2.7% |
| 2 | TCBI TEXAS CAP BANCSHARES INC | $46.8M | 2.63% |
| 3 | PRGO PERRIGO CO PLC | $35.9M | 2.02% |
| 4 | CNC CENTENE CORP DEL | $32.5M | 1.82% |
| 5 | TDC TERADATA CORP DEL | $27.4M | 1.54% |
| 6 | MHK MOHAWK INDS INC | $26.9M | 1.51% |
| 7 | DRQ DRIL-QUIP INC | $26.4M | 1.49% |
| 8 | CRI CARTERS INC | $25.4M | 1.43% |
| 9 | HAE HAEMONETICS CORP MASS | $24.4M | 1.37% |
| 10 | PCH POTLATCHDELTIC CORPORATION | $22.3M | 1.25% |
| 11 | ESS ESSEX PPTY TR INC | $20.6M | 1.16% |
| 12 | EHC ENCOMPASS HEALTH CORP | $20.3M | 1.14% |
| 13 | SPB SPECTRUM BRANDS HLDGS INC NE | $19.9M | 1.12% |
| 14 | POWL POWELL INDS INC | $19.1M | 1.07% |
| 15 | DGX QUEST DIAGNOSTICS INC | $18.5M | 1.04% |
| 16 | CRK COMSTOCK RES INC | $18.1M | 1.02% |
| 17 | HCSG HEALTHCARE SVCS GROUP INC | $17.6M | 0.99% |
| 18 | NFG NATIONAL FUEL GAS CO | $17.6M | 0.99% |
| 19 | SRCL STERICYCLE INC | $17.4M | 0.98% |
| 20 | EQC EQUITY COMWLTH | $17.3M | 0.97% |
Values as reported on the Q3 2023 Form 13F. Every position is in the holdings table below.