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 | |
|---|---|---|---|---|---|---|---|
76
Kulicke & Soffa
KLIC
$3.61B
| $25.2M | 0.5% |
188,684
-32,771
| -15% | -$3.21M |
2024 Q1
9 quarters
|
|
77
HNI Corp
HNI
$3.6B
| $25.1M | 0.5% |
620,309
+48,314
| +8% | +$1.64M |
2013 Q2
52 quarters
|
|
78
Saic
SAIC
$6.32B
| $24.8M | 0.49% |
224,194
+42,165
| +23% | +$4.27M |
2020 Q1
25 quarters
|
|
79
Silicom
SILC
$173M
| $24.3M | 0.48% |
506,475
-30,984
| -6% | -$1.18M |
2019 Q4
26 quarters
|
|
80
La-Z-Boy
LZB
$1.31B
| $24M | 0.48% |
597,777
+5,937
| +1% | +$215K |
2013 Q2
52 quarters
|
|
81
Kite Realty
KRG
$5.07B
| $24M | 0.48% |
844,573
-41,224
| -5% | -$1.11M |
2024 Q1
9 quarters
|
|
|
82
York Space Systems
YSS
$977M
| $23.7M | 0.47% |
961,190
+504,266
| +110% | +$15.7M |
2026 Q1
1 quarter
|
|
83
Miller Industries
MLR
$550M
| $23.6M | 0.47% |
461,036
+14,697
| +3% | +$707K |
2013 Q2
52 quarters
|
|
84
Agree Realty
ADC
$9.13B
| $23.2M | 0.46% |
305,877
-13,615
| -4% | -$1.03M |
2024 Q1
9 quarters
|
|
85
National Healthcare
NHC
$3.29B
| $23.1M | 0.46% |
109,086
-7,162
| -6% | -$1.32M |
2021 Q2
20 quarters
|
|
86
First Community Bankshares
FCBC
$866M
| $22.8M | 0.45% |
512,581
-15,138
| -3% | -$650K |
2013 Q2
52 quarters
|
|
87
DELISTED
Supernus Pharmaceuticals
SUPN
| $22.1M | 0.44% |
474,131
+98,052
| +26% | +$4.71M |
2024 Q3
7 quarters
|
|
|
88
Teleflex
TFX
$6.56B
| $22M | 0.44% |
173,359
+157,294
| +979% | +$20.1M |
2026 Q1
1 quarter
|
|
89
Community Healthcare Trust
CHCT
$426M
| $21.6M | 0.43% |
1,183,409
+58,523
| +5% | +$1.02M |
2015 Q2
44 quarters
|
|
90
Greif
GEF
$4.17B
| $21.3M | 0.42% |
285,628
-14,180
| -5% | -$951K |
2023 Q4
10 quarters
|
|
91
Diamondrock Hospitality Co
DRH
$2.94B
| $21.3M | 0.42% |
1,745,657
+4,489
| +0.3% | +$48.8K |
2013 Q2
52 quarters
|
|
92
DELISTED
Catalyst Pharmaceutical
CPRX
| $21M | 0.42% |
667,883
-79,632
| -11% | -$2.35M |
2025 Q1
5 quarters
|
|
93
American Eagle Outfitters
AEO
$3.64B
| $20.8M | 0.41% |
1,210,769
+203,293
| +20% | +$3.52M |
2014 Q1
49 quarters
|
|
|
94
MasterBrand
MBC
$1.44B
| $20.3M | 0.4% |
+1,973,382
| New | +$16.8M |
2026 Q2
0 quarters
|
|
95
Helmerich & Payne
HP
$3.54B
| $20.3M | 0.4% |
619,420
+28,929
| +5% | +$1.08M |
2016 Q4
38 quarters
|
|
96
Acuity Brands
AYI
$10B
| $19.9M | 0.4% |
52,711
+20,392
| +63% | +$6.05M |
2019 Q2
28 quarters
|
|
97
Churchill Downs
CHDN
$6.77B
| $19.8M | 0.39% |
220,975
+1,365
| +0.6% | +$122K |
2013 Q2
52 quarters
|
|
98
Fortune Brands Innovations
FBIN
$6.12B
| $19.4M | 0.39% |
353,626
+61,917
| +21% | +$2.48M |
2025 Q4
2 quarters
|
|
99
Universal Display
OLED
$4.05B
| $19.3M | 0.38% |
222,809
+29,994
| +16% | +$2.77M |
2013 Q2
52 quarters
|
|
100
United Bankshares
UBSI
$6.65B
| $19.1M | 0.38% |
416,064
-15,936
| -4% | -$697K |
2020 Q2
24 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.