Adirondack Research & Management is an investment fund managing more than $81.9 million ran by Jarrod Becker. There are currently 97 companies in Mr. Becker’s portfolio. The largest investments include Conduent Inc and Unisys, together worth $5.1 million.
As of 22nd October 2021, Adirondack Research & Management’s top holding is 484,139 shares of Conduent Inc currently worth over $3.19 million and making up 3.9% of the portfolio value.
Relative to the number of outstanding shares of Conduent Inc, Adirondack Research & Management owns more than approximately 0.1% of the company.
In addition, the fund holds 75,858 shares of Unisys worth $1.91 million, whose value grew 3.4% in the past six months.
The third-largest holding is Cno Finl Group Inc worth $1.88 million and the next is Antero Resources Corp worth $1.88 million, with 99,690 shares owned.
Currently, Adirondack Research & Management's portfolio is worth at least $81.9 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Adirondack Research & Management office and employees reside in Guilderland, New York. According to the last 13-F report filed with the SEC, Jarrod Becker serves as the Chief Compliance Officer at Adirondack Research & Management.
In the most recent 13F filing, Adirondack Research & Management revealed that it had opened a new position in
Hillman Soulutions Corp and bought 126,181 shares worth $1.51 million.
The investment fund also strengthened its position in Antero Resources Corp by buying
19,400 additional shares.
This makes their stake in Antero Resources Corp total 99,690 shares worth $1.88 million.
Antero Resources Corp soared 467.1% in the past year.
On the other hand, there are companies that Adirondack Research & Management is getting rid of from its portfolio.
Adirondack Research & Management closed its position in Covanta Hldg Corp on 29th October 2021.
It sold the previously owned 126,821 shares for $2.23 million.
Jarrod Becker also disclosed a decreased stake in Unisys by approximately 0.1%.
This leaves the value of the investment at $1.91 million and 75,858 shares.
The two most similar investment funds to Adirondack Research & Management are Blackcrane Capital and Ocean Arete Ltd. They manage $81.9 million and $81.9 million respectively.
Adirondack Research & Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 16.2% of
the total portfolio value.
The fund focuses on investments in the United States as
58.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
21% of the total holdings value.
On the other hand, small-cap stocks make up only 2.1% of the portfolio.
The average market cap of the portfolio companies is close to $71.2 billion.
These positions were updated on October 29th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Conduent Inc |
No change
484,139
|
$3,190,000 | 3.89% |
| Covanta Hldg Corp |
Closed
126,821
|
$2,233,000 | |
| Unisys Corp. |
9.49%
75,858
|
$1,907,000 | 2.33% |
| Cno Finl Group Inc |
No change
79,920
|
$1,881,000 | 2.30% |
| Antero Resources Corp |
24.16%
99,690
|
$1,875,000 | 2.29% |
| Lazard Ltd. |
3.57%
38,901
|
$1,782,000 | 2.18% |
| Celestica, Inc. |
10.52%
193,996
|
$1,723,000 | 2.10% |
| Adtran Inc. |
1.89%
91,700
|
$1,720,000 | 2.10% |
| Siriuspoint Ltd |
No change
182,231
|
$1,687,000 | 2.06% |
| Lsi Inds Inc Ohio |
0.71%
208,653
|
$1,617,000 | 1.97% |
| Trustco Bk Corp N Y |
33.83%
49,446
|
$1,581,000 | 1.93% |
| Graftech Intl Ltd |
No change
152,078
|
$1,569,000 | 1.92% |
| Vonage Hldgs Corp |
10.60%
96,451
|
$1,555,000 | 1.90% |
| National Westn Life Group In |
7.23%
7,316
|
$1,541,000 | 1.88% |
| Brixmor Ppty Group Inc |
0.85%
68,886
|
$1,523,000 | 1.86% |
| Ardmore Shipping Corp |
3.40%
366,773
|
$1,522,000 | 1.86% |
| Landcadia Holdings III, Inc |
Closed
121,465
|
$1,506,000 | |
| Hillman Soulutions Corp |
Opened
126,181
|
$1,505,000 | 1.84% |
| Mgic Invt Corp Wis |
5.13%
98,600
|
$1,475,000 | 1.80% |
| Infinera Corp. |
4.46%
163,860
|
$1,363,000 | 1.66% |
| Genworth Finl Inc |
15.09%
361,285
|
$1,355,000 | 1.65% |
| Photronics, Inc. |
No change
89,858
|
$1,225,000 | 1.50% |
| O-I Glass Inc |
7.09%
81,715
|
$1,166,000 | 1.42% |
| Allscripts Healthcare Solutn |
7.80%
87,067
|
$1,164,000 | 1.42% |
| Compass Diversified |
1.13%
40,864
|
$1,151,000 | 1.40% |
| Archer Daniels Midland Co. |
5.65%
18,187
|
$1,091,000 | 1.33% |
| Conocophillips |
0.11%
15,975
|
$1,083,000 | 1.32% |
| Tyson Foods, Inc. |
0.01%
13,504
|
$1,066,000 | 1.30% |
| Cisco Sys Inc |
4.31%
19,187
|
$1,044,000 | 1.27% |
| Cabot Oil & Gas Corp. |
44.85%
47,950
|
$1,043,000 | 1.27% |
| Baxter International Inc. |
Opened
12,597
|
$1,013,000 | 1.24% |
| Hill International Inc |
12.11%
465,320
|
$963,000 | 1.18% |
| Tiptree Inc |
1.92%
95,600
|
$958,000 | 1.17% |
| Dennys Corp |
0.48%
57,800
|
$944,000 | 1.15% |
| Dominion Energy Inc |
0.80%
12,864
|
$939,000 | 1.15% |
| Wells Fargo Co New |
0.01%
19,884
|
$923,000 | 1.13% |
| Ingles Mkts Inc |
No change
13,910
|
$918,000 | 1.12% |
| Ford Mtr Co Del |
4.56%
61,875
|
$876,000 | 1.07% |
| Accuray Inc |
5.49%
218,537
|
$863,000 | 1.05% |
| Philip Morris International Inc |
0.02%
9,101
|
$863,000 | 1.05% |
| Molson Coors Beverage Company |
0.34%
18,582
|
$862,000 | 1.05% |
| Cognyte Software Ltd |
64.43%
41,334
|
$849,000 | 1.04% |
| AT&T, Inc. |
0.77%
30,353
|
$820,000 | 1.00% |
| Coca-Cola Co |
0.92%
15,544
|
$816,000 | 1.00% |
| PQ Group Holdings Inc |
Closed
52,134
|
$801,000 | |
| Hostess Brands, Inc. |
No change
45,470
|
$790,000 | 0.96% |
| Ralph Lauren Corp |
0.01%
7,015
|
$779,000 | 0.95% |
| Seaboard Corp. |
4.52%
190
|
$779,000 | 0.95% |
| Matrix Svc Co |
11.85%
72,835
|
$762,000 | 0.93% |
| Allete, Inc. |
No change
12,737
|
$758,000 | 0.93% |
| Williams Indl Svcs Group Inc |
15.08%
176,035
|
$751,000 | 0.92% |
| Cnx Res Corp |
Opened
58,400
|
$737,000 | 0.90% |
| Westlake Chem Partners Lp |
0.03%
29,210
|
$711,000 | 0.87% |
| Knowles Corp |
No change
36,909
|
$692,000 | 0.84% |
| Manitex International Inc |
No change
94,351
|
$677,000 | 0.83% |
| CDK Global Inc |
4.96%
15,682
|
$667,000 | 0.81% |
| Barnes Group Inc. |
0.01%
15,143
|
$632,000 | 0.77% |
| Schweitzer-Mauduit International, Inc. |
Opened
18,248
|
$632,000 | 0.77% |
| Harvard Bioscience Inc. |
9.45%
90,020
|
$628,000 | 0.77% |
| Old Rep Intl Corp |
No change
27,000
|
$625,000 | 0.76% |
| Sanmina Corp |
No change
16,128
|
$622,000 | 0.76% |
| Ecovyst Inc. |
Opened
52,375
|
$611,000 | 0.75% |
| Pactiv Evergreen Inc. |
No change
48,532
|
$608,000 | 0.74% |
| Under Armour Inc |
51.73%
30,000
|
$605,000 | 0.74% |
| Corning, Inc. |
15.58%
15,630
|
$570,000 | 0.70% |
| Amer Software Inc |
0.01%
23,978
|
$569,000 | 0.69% |
| Stewart Information Svcs Cor |
38.72%
8,700
|
$550,000 | 0.67% |
| A10 Networks Inc |
52.85%
40,636
|
$548,000 | 0.67% |
| Pacwest Bancorp |
0.02%
11,916
|
$540,000 | 0.66% |
| Hartford Finl Svcs Group Inc |
4.73%
7,445
|
$523,000 | 0.64% |
| Alibaba Group Hldg Ltd |
Opened
3,486
|
$516,000 | 0.63% |
| Microsoft Corporation |
3.84%
1,804
|
$509,000 | 0.62% |
| MetLife, Inc. |
3.90%
8,133
|
$502,000 | 0.61% |
| Cal-Maine Foods, Inc. |
16.97%
13,700
|
$495,000 | 0.60% |
| Quantum Corp |
No change
90,620
|
$469,000 | 0.57% |
| Chicos Fas Inc |
32.67%
103,948
|
$467,000 | 0.57% |
| EZCorp, Inc. |
37.23%
60,004
|
$454,000 | 0.55% |
| Hanesbrands Inc |
Opened
26,300
|
$451,000 | 0.55% |
| Exelon Corp. |
0.95%
8,835
|
$427,000 | 0.52% |
| Vishay Intertechnology, Inc. |
0.00%
20,834
|
$419,000 | 0.51% |
| Cleveland-Cliffs Inc |
11.36%
19,600
|
$388,000 | 0.47% |
| Teck Resources Ltd |
0.49%
15,370
|
$383,000 | 0.47% |
| Boston Scientific Corp. |
3.41%
8,780
|
$381,000 | 0.47% |
| Pfizer Inc. |
7.42%
8,115
|
$349,000 | 0.43% |
| Abbott Labs |
3.92%
2,945
|
$348,000 | 0.42% |
| Drive Shack Inc |
Opened
122,612
|
$345,000 | 0.42% |
| Coca-cola Europacific Partne |
0.48%
6,190
|
$342,000 | 0.42% |
| Pure Cycle Corp. |
No change
24,308
|
$324,000 | 0.40% |
| Alcoa Corp |
0.33%
6,275
|
$307,000 | 0.37% |
| Consolidated Edison, Inc. |
No change
4,140
|
$301,000 | 0.37% |
| Nokia Corp |
1.52%
51,880
|
$283,000 | 0.35% |
| Emcore Corp. |
9.58%
37,758
|
$282,000 | 0.34% |
| Twitter Inc |
2.22%
4,405
|
$266,000 | 0.32% |
| Myers Inds Inc |
No change
13,450
|
$263,000 | 0.32% |
| General Electric Co. |
87.49%
2,510
|
$259,000 | 0.32% |
| Change Healthcare Inc. |
Closed
10,739
|
$247,000 | |
| Huntsman Corp |
0.01%
7,643
|
$226,000 | 0.28% |
| Apple Inc |
Closed
1,540
|
$211,000 | |
| Dine Brands Global Inc |
0.38%
2,600
|
$211,000 | 0.26% |
| SP Plus Corp |
1.04%
6,859
|
$210,000 | 0.26% |
| Abbvie Inc |
No change
1,890
|
$204,000 | 0.25% |
| Venator Matls Plc |
Opened
57,620
|
$164,000 | 0.20% |
| No transactions found | |||
| Showing first 500 out of 102 holdings | |||