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.
SEC Registered Discretionary Manager
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

Holdings reported by

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

13F Metrics

Loading 13F Metrics

Q3 2023 13F record

Q3 2023 13F filing summary

Q3 2023 Form 13F portfolio 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

Form 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

Largest Q3 2023 13F positions by reported value
# 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.

Filing Details

Loading Activities
Loading Sector Allocation
Crunching numbers

Performance

Loading Performance

Potential New Buys

Finding Potential New Buys

Holdings

Building table
Loading SEC filing data
Loading Form 4 Filings

Beneficial Ownership (Schedule 13D/13G)

Loading 13D/G filings