HEARTLAND ADVISORS INC
Q4 2023 Form 13-F
MILWAUKEE, WISCONSIN
CIK 0000937394
· CRD 29433
· SEC-registered investment adviser
$1.9B 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
$1.9B
Quarter over quarter
+9.4%
Holdings
183
Top-10 concentration
18.1%
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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Q4 2023 13F record
Q4 2023 13F filing summary
| Period of report | December 31, 2023 |
|---|---|
| Filed | February 08, 2024 |
| Form | 13F-HR |
| Reported value | $1.9B |
| Positions | 183 |
| Change in reported value | +7.5% |
| New positions | 21 |
| Exited positions | 16 |
| Position turnover | 18.6% |
| Top-10 concentration | 18.1% |
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 · Q4 2023
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | TCBI TEXAS CAP BANCSHARES INC | $54.4M | 2.85% |
| 2 | NOV NOV INC | $48.8M | 2.55% |
| 3 | PRGO PERRIGO CO PLC | $37.8M | 1.98% |
| 4 | CNC CENTENE CORP DEL | $33.4M | 1.74% |
| 5 | MHK MOHAWK INDS INC | $30.5M | 1.59% |
| 6 | SRCL STERICYCLE INC | $29.7M | 1.55% |
| 7 | DGX QUEST DIAGNOSTICS INC | $28.7M | 1.5% |
| 8 | JBHT HUNT J B TRANS SVCS INC | $27.8M | 1.45% |
| 9 | TDC TERADATA CORP DEL | $27.6M | 1.44% |
| 10 | NTRS NORTHERN TR CORP | $26.9M | 1.41% |
| 11 | PCH POTLATCHDELTIC CORPORATION | $25.3M | 1.32% |
| 12 | CRI CARTERS INC | $24.0M | 1.25% |
| 13 | PSA PUBLIC STORAGE | $23.0M | 1.2% |
| 14 | GBCI GLACIER BANCORP INC NEW | $22.3M | 1.17% |
| 15 | EHC ENCOMPASS HEALTH CORP | $21.1M | 1.1% |
| 16 | CALM CAL MAINE FOODS INC | $20.9M | 1.09% |
| 17 | SPB SPECTRUM BRANDS HLDGS INC NE | $20.4M | 1.07% |
| 18 | SIMO SILICON MOTION TECHNOLOGY CO | $20.1M | 1.05% |
| 19 | HAE HAEMONETICS CORP MASS | $20.0M | 1.05% |
| 20 | FAF FIRST AMERN FINL CORP | $19.9M | 1.04% |
Values as reported on the Q4 2023 Form 13F. Every position is in the holdings table below.