2L

22NW LP Portfolio holdings

AUM $159M
This Quarter Return
+7.72%
1 Year Return
+22.55%
3 Year Return
+189.31%
5 Year Return
+436.21%
10 Year Return
–
AUM
$177M
AUM Growth
+$177M
Cap. Flow
-$6.43M
Cap. Flow %
-3.63%
Top 10 Hldgs %
44.11%
Holding
95
New
2
Increased
15
Reduced
6
Closed
13

Top Buys

1
TREC
Trecora Resources
TREC
$1.29M
2
MTRX icon
Matrix Service
MTRX
$1.1M
3
AOI
Alliance One International, Inc.
AOI
$969K
4
INFU icon
InfuSystem Holdings
INFU
$966K
5
ACNT icon
Ascent Industries
ACNT
$716K

Top Sells

1
VAL
Valspar
VAL
$1.72M
2
SRGA
Surgalign Holdings, Inc. Common Stock
SRGA
$1.72M
3
PLPC icon
Preformed Line Products
PLPC
$1.61M
4
SRL icon
Scully Royalty
SRL
$1.11M
5
EXAC
Exactech Inc
EXAC
$990K

Sector Composition

1 Industrials 33.69%
2 Materials 18.08%
3 Financials 10.78%
4 Consumer Discretionary 9.36%
5 Healthcare 7.95%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
SHOR
26
DELISTED
ShoreTel, Inc.
SHOR
$2.19M 1.24% 377,179 +92,700 +33% +$538K
ORN icon
27
Orion Group Holdings
ORN
$294M
$2.07M 1.17% 277,379 +28,624 +12% +$214K
KKR icon
28
KKR & Co
KKR
$124B
$2.04M 1.15% 109,780 – –
BGC
29
DELISTED
General Cable Corporation
BGC
$1.98M 1.12% 121,256 – –
GIFI icon
30
Gulf Island Fabrication
GIFI
$108M
$1.97M 1.11% 169,415 – –
UTI icon
31
Universal Technical Institute
UTI
$1.45B
$1.92M 1.08% 537,397 – –
SRGA
32
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
$1.78M 1% 303,679 -294,357 -49% -$1.72M
KS
33
DELISTED
KapStone Paper and Pack Corp.
KS
$1.76M 1% 85,492 +9,700 +13% +$200K
INFU icon
34
InfuSystem Holdings
INFU
$220M
$1.75M 0.99% 999,072 +552,319 +124% +$966K
AP icon
35
Ampco-Pittsburgh
AP
$55.3M
$1.68M 0.95% 113,891 – –
GEOS icon
36
Geospace Technologies
GEOS
$254M
$1.57M 0.89% 113,693 – –
GUID
37
DELISTED
Guidance Software, Inc.
GUID
$1.52M 0.86% 230,244 +1,431 +0.6% +$9.46K
VRTV
38
DELISTED
VERITIV CORPORATION
VRTV
$1.38M 0.78% 30,640 +9,800 +47% +$441K
NCIT
39
DELISTED
NCI, Inc.
NCIT
$1.38M 0.78% 65,156 -45,400 -41% -$958K
ENG
40
DELISTED
ENGlobal Corp
ENG
$1.33M 0.75% 1,032,713 +217,714 +27% +$281K
TREC
41
DELISTED
Trecora Resources
TREC
$1.29M 0.73% +114,770 New +$1.29M
CROX icon
42
Crocs
CROX
$4.76B
$1.27M 0.72% 164,154 – –
MIND icon
43
MIND Technology
MIND
$80.7M
$1.26M 0.71% 324,123 – –
SIF icon
44
SIFCO Industries
SIF
$43.8M
$1.2M 0.68% 180,727 – –
EVOL
45
DELISTED
Evolving Systems, Inc.
EVOL
$1.18M 0.67% 229,752 – –
PWR icon
46
Quanta Services
PWR
$56.3B
$1.16M 0.65% 35,200 – –
MS icon
47
Morgan Stanley
MS
$240B
$1.15M 0.65% 25,900 – –
MTRX icon
48
Matrix Service
MTRX
$418M
$1.1M 0.62% +117,800 New +$1.1M
LXFR icon
49
Luxfer Holdings
LXFR
$359M
$1.1M 0.62% 85,781 – –
RRTS
50
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
$1.09M 0.62% 149,940 – –
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