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 | |
|---|---|---|---|---|---|---|---|
201
Applied Materials
AMAT
$314B
| $2.46M | 0.05% |
3,400
| – | – |
2019 Q1
29 quarters
|
|
202
Trane Technologies
TT
$93B
| $2.46M | 0.05% |
5,000
| – | – |
2013 Q2
52 quarters
|
|
203
AbbVie
ABBV
$521B
| $2.34M | 0.05% |
9,300
| – | – |
2013 Q2
52 quarters
|
|
204
Digital Realty Trust
DLR
$68.5B
| $2.06M | 0.04% |
11,453
-230
| -2% | -$44K |
2017 Q2
36 quarters
|
|
205
NXP Semiconductors
NXPI
$67.9B
| $2.01M | 0.04% |
7,140
-455
| -6% | -$125K |
2019 Q2
28 quarters
|
|
206
JPMorgan Chase
JPM
$912B
| $1.99M | 0.04% |
6,075
| – | – |
2013 Q2
52 quarters
|
|
207
Lowe's Companies
LOW
$130B
| $1.84M | 0.04% |
8,335
| – | – |
2013 Q2
52 quarters
|
|
208
Entergy
ETR
$53.5B
| $1.73M | 0.03% |
15,040
-305
| -2% | -$34.4K |
2023 Q4
10 quarters
|
|
209
Hartford Financial Services
HIG
$36.7B
| $1.54M | 0.03% |
11,630
-235
| -2% | -$31.4K |
2017 Q2
36 quarters
|
|
210
CSX Corp
CSX
$95.7B
| $1.45M | 0.03% |
30,600
| – | – |
2013 Q2
52 quarters
|
|
211
Microsoft
MSFT
$3.87T
| $1.37M | 0.03% |
3,685
| – | – |
2015 Q4
42 quarters
|
|
|
212
Coherent
COHR
$46.2B
| $1.26M | 0.03% |
3,185
-167,553
| -98% | -$59.3M |
2015 Q1
45 quarters
|
|
213
VICI Properties
VICI
$27.5B
| $1.23M | 0.02% |
46,505
-930
| -2% | -$26.1K |
2023 Q4
10 quarters
|
|
214
Johnson & Johnson
JNJ
$675B
| $1.14M | 0.02% |
4,507
| – | – |
2013 Q2
52 quarters
|
|
215
RTX Corp
RTX
$272B
| $1.14M | 0.02% |
6,000
| – | – |
2013 Q2
52 quarters
|
|
216
PNC Financial Services
PNC
$92.2B
| $1.13M | 0.02% |
4,600
| – | – |
2013 Q2
52 quarters
|
|
217
EQT Corp
EQT
$33B
| $1.1M | 0.02% |
20,695
-420
| -2% | -$23.6K |
2022 Q3
15 quarters
|
|
218
Centene
CNC
$34.9B
| $1.09M | 0.02% |
17,007
-340
| -2% | -$18.2K |
2020 Q1
25 quarters
|
|
219
Gaming and Leisure Properties
GLPI
$11.4B
| $1.09M | 0.02% |
24,412
-490
| -2% | -$22.9K |
2017 Q1
37 quarters
|
|
220
Deckers Outdoor
DECK
$11.8B
| $1.04M | 0.02% |
+10,435
| New | +$1.1M |
2026 Q2
0 quarters
|
|
221
Aptiv
APTV
$7.98B
| $999K | 0.02% |
16,272
-275
| -2% | -$16.8K |
2017 Q1
37 quarters
|
|
222
Delta Air Lines
DAL
$60.1B
| $996K | 0.02% |
10,635
-215
| -2% | -$16.2K |
2025 Q3
3 quarters
|
|
223
nVent Electric
NVT
$18.9B
| $983K | 0.02% |
5,795
-1,840
| -24% | -$287K |
2020 Q3
23 quarters
|
|
224
Merck
MRK
$363B
| $938K | 0.02% |
7,300
| – | – |
2013 Q2
52 quarters
|
|
225
State Street
STT
$47.4B
| $916K | 0.02% |
5,400
| – | – |
2013 Q2
52 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.