Systematic Financial Management Portfolio holdings
Systematic Financial Management is a value-focused stock manager wholly owned, indirectly, by the asset management company Affiliated Managers Group. It has managed money for institutions and private clients since 1982, and its senior managers sit on a committee that controls how it invests and runs the business. Its Free Cash Flow Value approach screens for companies with cheap prices relative to their free cash flow and low debt, then researches the survivors in depth in search of undervalued firms with strong balance sheets. The firm applies it to small cap, small-to-mid cap and mid cap stocks. Its clients include pension plans, mutual funds and union retirement plans.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Teleflex
TFX
|
+$20.1M |
| 2 |
Waystar Holding Corp
WAY
|
+$17.8M |
| 3 |
MasterBrand
MBC
|
+$16.8M |
| 4 |
York Space Systems
YSS
|
+$15.7M |
| 5 |
KBR
KBR
|
+$13.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Coherent
COHR
|
+$59.3M |
| 2 |
Tower Semiconductor
TSEM
|
+$53.6M |
| 3 |
Comfort Systems
FIX
|
+$52.1M |
| 4 |
Silicon Motion
SIMO
|
+$35.3M |
| 5 |
Vishay Intertechnology
VSH
|
+$17.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.35% |
| 2 | Technology | 18.24% |
| 3 | Industrials | 15.75% |
| 4 | Healthcare | 10.82% |
| 5 | Consumer Discretionary | 10.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
51
Quanex
NX
$1B
| $33.8M | 0.67% |
1,815,276
+39,024
| +2% | +$721K |
2018 Q3
31 quarters
|
|
52
Ovintiv
OVV
$16.3B
| $33.8M | 0.67% |
641,168
-79,513
| -11% | -$4.54M |
2021 Q2
20 quarters
|
|
53
Selective Insurance
SIGI
$5.99B
| $33.1M | 0.66% |
340,986
+11,490
| +3% | +$993K |
2013 Q2
52 quarters
|
|
54
Commercial Metals
CMC
$7.1B
| $32.9M | 0.66% |
524,007
-4,226
| -0.8% | -$297K |
2017 Q4
34 quarters
|
|
55
Beacon Financial Corp
BBT
$2.57B
| $32.3M | 0.64% |
1,060,206
-67,650
| -6% | -$2.02M |
2013 Q2
52 quarters
|
|
56
V2X
VVX
$2.56B
| $31.1M | 0.62% |
416,442
-4,768
| -1% | -$355K |
2024 Q1
9 quarters
|
|
57
Spectrum Brands
SPB
$2.05B
| $30.9M | 0.62% |
360,007
-1,418
| -0.4% | -$115K |
2013 Q2
52 quarters
|
|
58
Abercrombie & Fitch
ANF
$6.48B
| $30.8M | 0.61% |
342,730
-7,216
| -2% | -$612K |
2013 Q2
52 quarters
|
|
59
United Fire Group
UFCS
$1.26B
| $30.6M | 0.61% |
582,930
-29,466
| -5% | -$1.31M |
2013 Q2
52 quarters
|
|
60
United Community Banks
UCB
$4.48B
| $30.6M | 0.61% |
871,016
-7,286
| -0.8% | -$243K |
2013 Q3
51 quarters
|
|
61
Old Republic International
ORI
$9.5B
| $30.3M | 0.6% |
740,905
-44,853
| -6% | -$1.78M |
2020 Q2
24 quarters
|
|
62
OceanFirst Financial
OCFC
$1.77B
| $29.6M | 0.59% |
1,517,701
+134,113
| +10% | +$2.5M |
2019 Q4
26 quarters
|
|
63
Stride
LRN
$3.18B
| $29.4M | 0.59% |
340,642
+13,077
| +4% | +$1.2M |
2013 Q2
52 quarters
|
|
64
Delek US
DK
$3.94B
| $29.1M | 0.58% |
572,493
-38,507
| -6% | -$1.71M |
2017 Q3
35 quarters
|
|
65
Gulfport Energy Corp
GPOR
$2.71B
| $29M | 0.58% |
170,985
+69,289
| +68% | +$12.5M |
2025 Q3
3 quarters
|
|
66
Progress Software
PRGS
$1.82B
| $28.9M | 0.58% |
861,531
-23,259
| -3% | -$688K |
2020 Q1
25 quarters
|
|
67
Broadstone Net Lease
BNL
$3.42B
| $28.7M | 0.57% |
1,386,242
-56,897
| -4% | -$1.15M |
2024 Q2
8 quarters
|
|
68
KB Home
KBH
$3.16B
| $28.2M | 0.56% |
450,024
-21,069
| -4% | -$1.1M |
2020 Q1
25 quarters
|
|
69
Hornbeck Offshore Services, Inc.
HOS
$1.76B
| $27.9M | 0.56% |
3,188,798
+230,254
| +8% | +$2.21M |
2020 Q4
22 quarters
|
|
70
MasterCraft Boat Holdings
MCFT
$497M
| $27.6M | 0.55% |
1,068,357
+15,223
| +1% | +$354K |
2019 Q1
29 quarters
|
|
71
Newmark Group
NMRK
$2.19B
| $27.3M | 0.54% |
1,806,396
+113,878
| +7% | +$1.74M |
2018 Q1
33 quarters
|
|
72
Hayward Holdings
HAYW
$3.52B
| $26.8M | 0.53% |
1,549,883
+91,534
| +6% | +$1.34M |
2022 Q4
14 quarters
|
|
73
Metallus
MTUS
$721M
| $26.8M | 0.53% |
1,431,402
+69,552
| +5% | +$1.31M |
2021 Q2
20 quarters
|
|
74
Select Water Solutions
WTTR
$2.02B
| $25.5M | 0.51% |
1,277,394
-19,207
| -1% | -$336K |
2024 Q1
9 quarters
|
|
75
Itron
ITRI
$4.38B
| $25.4M | 0.51% |
293,720
+99,621
| +51% | +$8.5M |
2022 Q4
14 quarters
|
|
Similar funds
Systematic Financial Management's Q2 2026 Portfolio in Review
As of Q2 2026, Systematic Financial Management held 256 positions worth $5.02B, up 15% from $4.36B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Systematic Financial Management withdrew a net $176M in Q2 2026, closing 13 positions and reducing 114 holdings. Its most notable exit was American Woodmark, an estimated $15.4M position sold in full.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Industrials.
Against the trend, Systematic Financial Management opened a new position in Waystar Holding Corp worth $17.4M.
- Systematic Financial Management's largest Q2 2026 buy was Waystar Holding Corp: 848,499 shares worth $17.4M.
- Systematic Financial Management added most to Teleflex in Q2 2026, an estimated $20.1M increase.
- Systematic Financial Management's biggest Q2 2026 reduction was Coherent, cutting an estimated $59.3M.
- Systematic Financial Management fully exited American Woodmark in Q2 2026, selling an estimated $15.4M.
- Systematic Financial Management's ten largest holdings make up 18% of its $5.02B portfolio in Q2 2026.
- Systematic Financial Management opened 9 new positions and closed 13 in Q2 2026.
- Systematic Financial Management's portfolio value rose 15% quarter-over-quarter to $5.02B.
Based on Systematic Financial Management's 13F filing for Q2 2026, filed 14 Aug 2026.