Monarch Partners Asset Management 13F annual report
Monarch Partners Asset Management is an investment fund managing more than $333 million ran by So Yi. There are currently 135 companies in Yi’s portfolio. The largest investments include Unitil and Huron Consulting Inc, together worth $11.1 million.
$333 million Assets Under Management (AUM)
As of 24th October 2022, Monarch Partners Asset Management’s top holding is 121,425 shares of Unitil currently worth over $5.64 million and making up 1.7% of the portfolio value.
Relative to the number of outstanding shares of Unitil, Monarch Partners Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 82,933 shares of Huron Consulting Inc worth $5.49 million, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Chefs Whse Inc worth $5.45 million and the next is NetSTREIT worth $5.24 million, with 294,367 shares owned.
Currently, Monarch Partners Asset Management's portfolio is worth at least $333 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Monarch Partners Asset Management
The Monarch Partners Asset Management office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, So Yi serves as the Chief Compliance Officer at Monarch Partners Asset Management.
Recent trades
In the most recent 13F filing, Monarch Partners Asset Management revealed that it had opened a new position in
CareTrust REIT Inc and bought 244,280 shares worth $4.42 million.
This means they effectively own approximately 0.1% of the company.
CareTrust REIT Inc makes up
41.3%
of the fund's Real Estate sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Unitil by buying
28,014 additional shares.
This makes their stake in Unitil total 121,425 shares worth $5.64 million.
Unitil dropped approximately 0.1% in the past year.
On the other hand, there are companies that Monarch Partners Asset Management is getting rid of from its portfolio.
Monarch Partners Asset Management closed its position in Prestige Consmr Healthcare I on 31st October 2022.
It sold the previously owned 102,254 shares for $6.01 million.
So Yi also disclosed a decreased stake in Addus HomeCare by 0.3%.
This leaves the value of the investment at $4.87 million and 51,089 shares.
One of the smaller hedge funds
The two most similar investment funds to Monarch Partners Asset Management are Callodine Capital Management, L.P. and Benjamin Edwards Inc. They manage $333 million and $333 million respectively.
So Yi investment strategy
Monarch Partners Asset Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Health Care — making up 19.3% of
the total portfolio value.
The fund focuses on investments in the United States as
63.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
1% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $2.28 billion.
The complete list of Monarch Partners Asset Management trades based on 13F SEC filings
These positions were updated on October 31st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Prestige Consmr Healthcare I |
Closed
102,254
|
$6,013,000 | |
| Unitil Corp. |
29.99%
121,425
|
$5,640,000 | 1.69% |
| Huron Consulting Group Inc |
126.28%
82,933
|
$5,494,000 | 1.65% |
| Chefs Whse Inc |
302.09%
188,134
|
$5,450,000 | 1.64% |
| NetSTREIT Corp. |
17.06%
294,367
|
$5,243,000 | 1.58% |
| Ligand Pharmaceuticals, Inc. |
27.95%
59,584
|
$5,131,000 | 1.54% |
| Avid Bioservices Inc |
75.94%
266,364
|
$5,093,000 | 1.53% |
| Castle Biosciences, Inc. |
41.78%
188,631
|
$4,919,000 | 1.48% |
| Addus HomeCare Corporation |
29.06%
51,089
|
$4,866,000 | 1.46% |
| Tecnoglass Inc |
17.56%
227,991
|
$4,786,000 | 1.44% |
| CareTrust REIT Inc |
Opened
244,280
|
$4,424,000 | 1.33% |
| Sunopta, Inc. |
58.47%
482,120
|
$4,387,000 | 1.32% |
| Green Plains Inc |
23.08%
147,802
|
$4,297,000 | 1.29% |
| Umh Pptys Inc |
Closed
237,695
|
$4,198,000 | |
| OrthoPediatrics corp |
149.71%
90,924
|
$4,195,000 | 1.26% |
| Oxford Inds Inc |
45.23%
45,688
|
$4,102,000 | 1.23% |
| ADTRAN Holdings Inc |
Opened
203,029
|
$3,975,000 | 1.19% |
| Modine Mfg Co |
31.57%
298,424
|
$3,862,000 | 1.16% |
| Hanover Ins Group Inc |
Closed
26,263
|
$3,841,000 | |
| Stock Yds Bancorp Inc |
25.35%
55,294
|
$3,761,000 | 1.13% |
| Heritage Comm Corp |
No change
327,312
|
$3,712,000 | 1.12% |
| Spire Inc. |
11.61%
57,544
|
$3,587,000 | 1.08% |
| Portland Gen Elec Co |
Closed
73,727
|
$3,563,000 | |
| Playa Hotels & Resorts Nv |
139.21%
611,865
|
$3,561,000 | 1.07% |
| Innoviva Inc |
30.47%
305,640
|
$3,548,000 | 1.07% |
| Eastern Bankshares, Inc. |
12.94%
177,972
|
$3,495,000 | 1.05% |
| Wintrust Finl Corp |
85.47%
41,785
|
$3,408,000 | 1.02% |
| Guaranty Bancshares Inc Tex |
No change
97,577
|
$3,375,000 | 1.01% |
| Rex American Res Corp |
243.56%
119,485
|
$3,336,000 | 1.00% |
| Designer Brands Inc |
18.45%
217,095
|
$3,324,000 | 1.00% |
| United Fire Group Inc |
26.98%
113,915
|
$3,273,000 | 0.98% |
| Krystal Biotech Inc |
214.68%
46,494
|
$3,241,000 | 0.97% |
| Heska Corp. |
20.03%
44,255
|
$3,227,000 | 0.97% |
| Immunogen, Inc. |
Opened
674,845
|
$3,226,000 | 0.97% |
| Shore Bancshares Inc. |
No change
184,448
|
$3,195,000 | 0.96% |
| TriNet Group Inc |
59.33%
44,752
|
$3,187,000 | 0.96% |
| Ameresco Inc. |
Opened
47,614
|
$3,165,000 | 0.95% |
| Webster Finl Corp |
Opened
69,859
|
$3,158,000 | 0.95% |
| Univest Financial Corporatio |
No change
134,129
|
$3,149,000 | 0.95% |
| Ironwood Pharmaceuticals Inc |
11.43%
303,550
|
$3,145,000 | 0.94% |
| Crocs Inc |
Opened
45,377
|
$3,116,000 | 0.94% |
| Independence Rlty Tr Inc |
Opened
185,870
|
$3,110,000 | 0.93% |
| Element Solutions Inc |
Closed
173,496
|
$3,088,000 | |
| Biolife Solutions Inc |
35.76%
135,403
|
$3,080,000 | 0.93% |
| Old Second Bancorp Inc Ill |
No change
232,160
|
$3,030,000 | 0.91% |
| Stifel Finl Corp |
52.46%
58,173
|
$3,020,000 | 0.91% |
| Talos Energy Inc |
Closed
194,444
|
$3,008,000 | |
| U.S. Silica Holdings Inc |
55.28%
263,005
|
$2,880,000 | 0.87% |
| Collegium Pharmaceutical Inc |
15.11%
178,766
|
$2,864,000 | 0.86% |
| Hancock Whitney Corp. |
Opened
61,993
|
$2,840,000 | 0.85% |
| Ducommun Inc. |
No change
71,589
|
$2,839,000 | 0.85% |
| Spectrum Brands Hldgs Inc Ne |
Closed
34,534
|
$2,832,000 | |
| Pinnacle Finl Partners Inc |
19.43%
34,701
|
$2,814,000 | 0.85% |
| i3 Verticals Inc |
56.67%
139,390
|
$2,792,000 | 0.84% |
| Verra Mobility Corporation |
49.32%
180,995
|
$2,782,000 | 0.84% |
| FTI Consulting Inc. |
9.51%
16,351
|
$2,710,000 | 0.81% |
| Idacorp, Inc. |
14.15%
27,037
|
$2,677,000 | 0.80% |
| Chatham Lodging Tr |
44.26%
268,707
|
$2,652,000 | 0.80% |
| Driven Brands Holdings Inc. |
Opened
94,325
|
$2,639,000 | 0.79% |
| Regenxbio Inc |
Opened
99,520
|
$2,630,000 | 0.79% |
| Rada Electr Inds Ltd |
36.79%
272,824
|
$2,627,000 | 0.79% |
| Plymouth Indl Reit Inc |
No change
155,562
|
$2,615,000 | 0.79% |
| Bjs Whsl Club Hldgs Inc |
Closed
41,566
|
$2,590,000 | |
| Barrett Business Svcs Inc |
No change
33,119
|
$2,583,000 | 0.78% |
| Sanfilippo John B & Son Inc |
No change
34,095
|
$2,582,000 | 0.78% |
| Crinetics Pharmaceuticals In |
Opened
130,860
|
$2,570,000 | 0.77% |
| Pmv Pharmaceuticals Inc |
Opened
210,370
|
$2,503,000 | 0.75% |
| IVERIC bio Inc |
42.53%
139,315
|
$2,499,000 | 0.75% |
| MasterCraft Boat Holdings Inc |
22.16%
131,423
|
$2,477,000 | 0.74% |
| Ares Coml Real Estate Corp |
22.59%
236,078
|
$2,467,000 | 0.74% |
| Universal Technical Inst Inc |
15.53%
453,288
|
$2,466,000 | 0.74% |
| American Natl Bankshares Inc |
No change
76,378
|
$2,440,000 | 0.73% |
| SouthState Corporation |
2.93%
30,628
|
$2,423,000 | 0.73% |
| Agree Rlty Corp |
8.54%
35,677
|
$2,411,000 | 0.72% |
| Deckers Outdoor Corp. |
Opened
7,707
|
$2,409,000 | 0.72% |
| R1 RCM Inc. |
Closed
114,525
|
$2,400,000 | |
| Tetra Technologies, Inc. |
13.28%
666,785
|
$2,394,000 | 0.72% |
| Brixmor Ppty Group Inc |
Closed
117,580
|
$2,376,000 | |
| Jefferies Finl Group Inc |
Opened
78,075
|
$2,303,000 | 0.69% |
| Evans Bancorp Inc |
No change
62,238
|
$2,281,000 | 0.69% |
| Primis Financial Corp |
No change
186,783
|
$2,266,000 | 0.68% |
| Stoneridge Inc. |
No change
132,993
|
$2,254,000 | 0.68% |
| Imago Biosciences Inc |
Opened
148,915
|
$2,241,000 | 0.67% |
| Envista Holdings Corp |
Closed
57,196
|
$2,204,000 | |
| Nexpoint Real Estate Fin Inc |
No change
146,496
|
$2,195,000 | 0.66% |
| Kratos Defense & Sec Solutio |
Closed
157,486
|
$2,186,000 | |
| Oppenheimer Holdings Inc |
13.71%
70,142
|
$2,173,000 | 0.65% |
| United Sts Lime & Minerals I |
Closed
19,739
|
$2,084,000 | |
| Manhattan Associates, Inc. |
Opened
15,598
|
$2,075,000 | 0.62% |
| Entravision Communications C |
No change
520,986
|
$2,068,000 | 0.62% |
| PlayAGS Inc |
No change
389,727
|
$2,066,000 | 0.62% |
| Black Hills Corporation |
Opened
30,349
|
$2,056,000 | 0.62% |
| Harvard Bioscience Inc. |
No change
801,259
|
$2,051,000 | 0.62% |
| Macys Inc |
Closed
111,655
|
$2,046,000 | |
| Prothena Corp Plc |
Opened
33,360
|
$2,023,000 | 0.61% |
| Wns Hldgs Ltd |
45.20%
24,537
|
$2,008,000 | 0.60% |
| Cambridge Bancorp |
No change
25,110
|
$2,002,000 | 0.60% |
| American Vanguard Corp. |
35.40%
106,692
|
$1,995,000 | 0.60% |
| Funko Inc |
2.55%
98,035
|
$1,982,000 | 0.60% |
| Array Technologies, Inc. |
Closed
179,524
|
$1,977,000 | |
| Northeast Bk Lewiston Me |
30.26%
52,307
|
$1,918,000 | 0.58% |
| Belden Inc |
2.60%
31,782
|
$1,908,000 | 0.57% |
| Energy Recovery Inc |
38.27%
86,670
|
$1,884,000 | 0.57% |
| Global Med Reit Inc |
No change
217,560
|
$1,854,000 | 0.56% |
| Perficient Inc. |
Closed
20,176
|
$1,850,000 | |
| Ultralife Corp |
Closed
406,652
|
$1,850,000 | |
| Sunnova Energy International Inc |
Opened
83,222
|
$1,838,000 | 0.55% |
| Enterprise Bancorp Inc Mass |
31.52%
60,113
|
$1,798,000 | 0.54% |
| Atlas Technical Consultants, Inc. |
No change
266,885
|
$1,775,000 | 0.53% |
| First Intst Bancsystem Inc |
48.66%
43,998
|
$1,775,000 | 0.53% |
| HCI Group Inc |
No change
44,756
|
$1,754,000 | 0.53% |
| ADTRAN Holdings Inc |
Closed
99,658
|
$1,747,000 | |
| Brinks Co |
17.87%
36,046
|
$1,746,000 | 0.52% |
| Pzena Invt Mgmt Inc |
Closed
263,210
|
$1,735,000 | |
| Petco Health & Wellness Co I |
Closed
116,655
|
$1,719,000 | |
| ATN International Inc |
487.40%
44,055
|
$1,699,000 | 0.51% |
| Cullen Frost Bankers Inc. |
54.36%
12,793
|
$1,691,000 | 0.51% |
| Ultra Clean Hldgs Inc |
39.34%
65,356
|
$1,683,000 | 0.51% |
| Berry Corp |
29.31%
223,433
|
$1,676,000 | 0.50% |
| Caleres Inc |
43.50%
68,680
|
$1,663,000 | 0.50% |
| Agios Pharmaceuticals Inc |
Opened
57,820
|
$1,635,000 | 0.49% |
| Intrepid Potash Inc |
Closed
35,880
|
$1,625,000 | |
| Popular Inc. |
44.73%
22,097
|
$1,592,000 | 0.48% |
| Perion Network Ltd. |
34.18%
82,310
|
$1,588,000 | 0.48% |
| Graphic Packaging Hldg Co |
48.86%
79,959
|
$1,578,000 | 0.47% |
| Qcr Holdings Inc |
No change
30,795
|
$1,569,000 | 0.47% |
| FormFactor Inc. |
Closed
40,524
|
$1,569,000 | |
| Evoqua Water Technologies Corp |
30.90%
47,297
|
$1,564,000 | 0.47% |
| Pure Cycle Corp. |
No change
185,863
|
$1,552,000 | 0.47% |
| Capri Holdings Limited |
296.21%
40,334
|
$1,550,000 | 0.47% |
| Arcus Biosciences Inc |
Opened
58,430
|
$1,529,000 | 0.46% |
| Scansource, Inc. |
No change
56,690
|
$1,497,000 | 0.45% |
| Century Casinos Inc. |
No change
227,125
|
$1,490,000 | 0.45% |
| CTS Corp. |
Closed
43,219
|
$1,472,000 | |
| Sunrun Inc |
Opened
52,984
|
$1,462,000 | 0.44% |
| Upland Software Inc |
49.94%
179,313
|
$1,458,000 | 0.44% |
| Southern First Bancshares Inc |
No change
34,596
|
$1,441,000 | 0.43% |
| Rocket Pharmaceuticals Inc |
Opened
86,785
|
$1,385,000 | 0.42% |
| Performance Food Group Company |
46.77%
32,011
|
$1,375,000 | 0.41% |
| Gxo Logistics Incorporated |
Closed
31,679
|
$1,371,000 | |
| Seaspine Hldgs Corp |
92.16%
239,626
|
$1,361,000 | 0.41% |
| Hanger Inc |
Closed
94,939
|
$1,360,000 | |
| Crane Hldgs Co |
2.39%
15,300
|
$1,339,000 | 0.40% |
| OFG Bancorp |
62.21%
52,695
|
$1,324,000 | 0.40% |
| Enpro Inds Inc |
2.86%
15,177
|
$1,290,000 | 0.39% |
| Lindblad Expeditions Hldgs I |
37.88%
190,426
|
$1,287,000 | 0.39% |
| Sterling Infrastructure Inc |
Closed
58,447
|
$1,281,000 | |
| Axcelis Technologies Inc |
Closed
22,051
|
$1,209,000 | |
| Quanterix Corp |
Closed
70,475
|
$1,141,000 | |
| Academy Sports & Outdoors In |
Closed
31,502
|
$1,120,000 | |
| Bowman Consulting Group Ltd |
Closed
88,993
|
$1,098,000 | |
| Ryman Hospitality Pptys Inc |
65.50%
14,536
|
$1,070,000 | 0.32% |
| Xenia Hotels & Resorts Inc |
63.56%
75,609
|
$1,043,000 | 0.31% |
| Organogenesis Holdings Inc. |
No change
301,480
|
$977,000 | 0.29% |
| Bandwidth Inc |
51.42%
81,275
|
$967,000 | 0.29% |
| Relay Therapeutics, Inc. |
Opened
42,560
|
$952,000 | 0.29% |
| Personalis Inc |
28.68%
319,063
|
$948,000 | 0.28% |
| Evolus Inc |
Closed
81,069
|
$940,000 | |
| PDC Energy Inc |
3.42%
15,796
|
$913,000 | 0.27% |
| Ranger Oil Corporation |
Closed
27,138
|
$892,000 | |
| O-I Glass Inc |
74.71%
66,590
|
$862,000 | 0.26% |
| Range Res Corp |
Closed
34,830
|
$862,000 | |
| Charles Riv Labs Intl Inc |
Closed
3,655
|
$782,000 | |
| SM Energy Co |
56.37%
20,297
|
$763,000 | 0.23% |
| Earthstone Energy Inc |
Closed
51,129
|
$698,000 | |
| Entegris Inc |
Closed
5,925
|
$546,000 | |
| Alta Equipment Group Inc |
Closed
60,439
|
$542,000 | |
| Jounce Therapeutics Inc |
Opened
228,370
|
$534,000 | 0.16% |
| National Retail Properties I |
Closed
11,750
|
$505,000 | |
| VIA optronics AG |
Closed
205,243
|
$435,000 | |
| Ovintiv Inc |
Closed
9,660
|
$427,000 | |
| Avalara Inc |
33.86%
4,355
|
$400,000 | 0.12% |
| Berkley W R Corp |
51.53%
5,879
|
$380,000 | 0.11% |
| Bunge Limited |
No change
4,165
|
$344,000 | 0.10% |
| Lamb Weston Holdings Inc |
Closed
4,365
|
$312,000 | |
| Darling Ingredients Inc |
35.92%
3,755
|
$248,000 | 0.07% |
| Village Farms International Inc |
Closed
59,492
|
$155,000 | |
| No transactions found | |||
| Showing first 500 out of 177 holdings | |||
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