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 | |
|---|---|---|---|---|---|---|---|
126
Tetra Tech
TTEK
$10B
| $13.9M | 0.28% |
481,101
+194,450
| +68% | +$5.71M |
2014 Q4
46 quarters
|
|
127
M/I Homes
MHO
$3.18B
| $13.8M | 0.28% |
85,861
+4,689
| +6% | +$628K |
2025 Q4
2 quarters
|
|
128
U-Haul Holding Co Series N
UHAL.B
$9.49B
| $13.8M | 0.27% |
238,617
-6,232
| -3% | -$310K |
2022 Q4
14 quarters
|
|
129
Community West Bancshares
CWBC
$691M
| $13.4M | 0.27% |
500,161
+89,583
| +22% | +$2.18M |
2016 Q4
38 quarters
|
|
130
Gentex
GNTX
$4.01B
| $13.3M | 0.26% |
524,573
+160,250
| +44% | +$3.79M |
2014 Q3
47 quarters
|
|
131
AMN Healthcare
AMN
$1.44B
| $13.2M | 0.26% |
406,736
+34,272
| +9% | +$884K |
2013 Q2
52 quarters
|
|
132
Academy Sports + Outdoors
ASO
$4.15B
| $13.1M | 0.26% |
277,224
-36,233
| -12% | -$1.93M |
2021 Q1
21 quarters
|
|
133
OraSure Technologies
OSUR
$250M
| $12.7M | 0.25% |
2,857,974
+377,491
| +15% | +$1.33M |
2014 Q1
49 quarters
|
|
134
Everforth Inc
EFOR
$1.46B
| $12.7M | 0.25% |
711,516
+166,933
| +31% | +$4.08M |
2013 Q2
52 quarters
|
|
135
Utz Brands
UTZ
$1.27B
| $12.6M | 0.25% |
1,639,136
+789,675
| +93% | +$5.89M |
2025 Q4
2 quarters
|
|
136
Certara
CERT
$1.82B
| $12.4M | 0.25% |
+1,892,050
| New | +$10.7M |
2026 Q2
0 quarters
|
|
137
American Public Education
APEI
$751M
| $12.1M | 0.24% |
225,435
-19,202
| -8% | -$1.06M |
2016 Q1
41 quarters
|
|
138
Perrigo
PRGO
$2.26B
| $12M | 0.24% |
1,157,773
-104,497
| -8% | -$1.15M |
2017 Q4
34 quarters
|
|
139
Flowserve
FLS
$10.5B
| $11.9M | 0.24% |
160,832
+4,160
| +3% | +$316K |
2025 Q4
2 quarters
|
|
140
Polaris
PII
$3.68B
| $11.7M | 0.23% |
171,435
-16,562
| -9% | -$1.07M |
2020 Q2
24 quarters
|
|
141
Century Aluminum
CENX
$3.37B
| $11.6M | 0.23% |
252,249
+94,527
| +60% | +$5.69M |
2025 Q4
2 quarters
|
|
142
Bombardier Recreational Products
DOO
$4.47B
| $10.5M | 0.21% |
172,022
-68,833
| -29% | -$4.15M |
2021 Q4
18 quarters
|
|
143
Vontier
VNT
$5.77B
| $10.4M | 0.21% |
+359,882
| New | +$11.5M |
2026 Q2
0 quarters
|
|
144
Maravai LifeSciences
MRVI
$1.13B
| $10.4M | 0.21% |
1,665,817
+181,278
| +12% | +$783K |
2022 Q4
14 quarters
|
|
145
Factset
FDS
$11.9B
| $9.5M | 0.19% |
41,445
-2,044
| -5% | -$469K |
2026 Q1
1 quarter
|
|
146
Perion Network
PERI
$370M
| $9.04M | 0.18% |
932,090
+63,024
| +7% | +$601K |
2022 Q2
16 quarters
|
|
147
F5
FFIV
$17.7B
| $8.9M | 0.18% |
21,386
+4,885
| +30% | +$1.74M |
2019 Q4
26 quarters
|
|
148
Amphastar Pharmaceuticals
AMPH
$1.24B
| $8.83M | 0.18% |
437,384
-15,514
| -3% | -$313K |
2024 Q4
6 quarters
|
|
149
KVH Industries
KVHI
$131M
| $8.65M | 0.17% |
872,933
-33,281
| -4% | -$318K |
2013 Q2
52 quarters
|
|
150
L3Harris
LHX
$50.3B
| $8.36M | 0.17% |
28,783
+6,588
| +30% | +$2.09M |
2019 Q3
27 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.