HEARTLAND ADVISORS INC

13F filer, CIK 937394, MILWAUKEE, WI

HEARTLAND ADVISORS INC reported $1,839,979,109 across 198 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-12. Its ten largest share positions make up 15.96% of the portfolio.

Filed 2025-02-12 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:55 UTC13F-HR 0000892712-25-000032

Period: 2024-12-31
Reported value: $1.84B
Holdings: 198
Top 10 weight: 15.96%
New: 23
Sold out: 9

Largest buys vs the previous quarter

Security	Shares change	Approx. value
SYYnew	+193,917	$14.8M
PRMBnew	+400,000	$12.3M
ONadded	+124,252	$7.83M
CUBInew	+157,600	$7.67M
LANDSEA HOMES CORPnew	+854,144	$7.25M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
PRIMO WATER CORPORATIONexited	-650,000	-$16.4M
QRVOexited	-112,924	-$11.7M
CALMreduced	-91,586	-$9.43M
MURexited	-267,896	-$9.04M
ALKreduced	-104,350	-$6.76M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2024

Share positions as resolved from 13F-HR 0000892712-25-000032, largest first. % of portfolio is the value over $1,839,979,109, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
TCBITEXAS CAP BANCSHARES INC	589,324	$46.1M	2.5%	-3,409	Timeline
MHKMOHAWK INDS INC	288,401	$34.4M	1.87%	+11,964	Timeline
TDYTELEDYNE TECHNOLOGIES INC	66,562	$30.9M	1.68%	-2,709	Timeline
GBCIGLACIER BANCORP INC NEW	565,756	$28.4M	1.54%	-46,066	Timeline
CNCCENTENE CORP DEL	456,636	$27.7M	1.5%	-11,653	Timeline
PSAPUBLIC STORAGE	88,896	$26.6M	1.45%	-4,216	Timeline
GTLSCHART INDS INC	134,500	$25.7M	1.4%	-16,200	Timeline
NOVNOV INC	1,722,786	$25.2M	1.37%	-214,868	Timeline
SBCFSEACOAST BKG CORP FLA	897,031	$24.7M	1.34%	+7,300	Timeline
SIMOSILICON MOTION TECHNOLOGY CO	447,138	$24.2M	1.31%	+79,383	Timeline
DGXQUEST DIAGNOSTICS INC	155,201	$23.4M	1.27%	-9,169	Timeline
BDXBECTON DICKINSON & CO	98,277	$22.3M	1.21%	+16,529	Timeline
PRGOPERRIGO CO PLC	866,157	$22.3M	1.21%	-261,944	Timeline
JBHTHUNT J B TRANS SVCS INC	129,531	$22.1M	1.2%	+15,212	Timeline
CCBGCAPITAL CITY BANK	600,850	$22M	1.2%	-6,060	Timeline
LINCLINCOLN EDL SVCS CORP	1,351,676	$21.4M	1.16%	-130,432	Timeline
KMBKIMBERLY-CLARK CORP	159,217	$20.9M	1.13%	+9,867	Timeline
BBSIBARRETT BUSINESS SVCS INC	475,000	$20.6M	1.12%	0	Timeline
CPTCAMDEN PPTY TR	175,061	$20.3M	1.1%	-2,016	Timeline
ESSESSEX PPTY TR INC	69,501	$19.8M	1.08%	-2,422	Timeline
IIIVI3 VERTICALS INC	811,550	$18.7M	1.02%	-800	Timeline
FAFFIRST AMERN FINL CORP	298,475	$18.6M	1.01%	-13,273	Timeline
PCHPOTLATCHDELTIC CORP	470,531	$18.5M	1%	-47,287	Timeline
KNXKNIGHT-SWIFT TRANSN HLDGS IN	347,686	$18.4M	1%	-52,387	Timeline
NTRSNORTHERN TR CORP	174,093	$17.8M	0.97%	-9,998	Timeline
CASSCASS INFORMATION SYS INC	416,947	$17.1M	0.93%	+43,214	Timeline
FEFIRSTENERGY CORP	424,864	$16.9M	0.92%	-6,847	Timeline
NSANATIONAL STORAGE AFFILIATES	440,500	$16.7M	0.91%	-600	Timeline
MTGMGIC INVT CORP WIS	687,870	$16.3M	0.89%	-52,181	Timeline
FBKFB FINL CORP	311,415	$16M	0.87%	-10,044	Timeline
BALLBALL CORP	287,167	$15.8M	0.86%	+19,805	Timeline
NWPXNWPX INFRASTRUCTURE INC	326,700	$15.8M	0.86%	-40,300	Timeline
PRIMPRIMORIS SVCS CORP	200,000	$15.3M	0.83%	0	Timeline
ORIOLD REP INTL CORP	414,253	$15M	0.81%	-2,344	Timeline
SYYSYSCO CORP	193,917	$14.8M	0.81%	new	Timeline
RHIROBERT HALF INC.	204,039	$14.4M	0.78%	+25,647	Timeline
EOGEOG RES INC	117,237	$14.4M	0.78%	+10,413	Timeline
WRBBERKLEY W R CORP	242,136	$14.2M	0.77%	-25,437	Timeline
PPGPPG INDS INC	118,518	$14.2M	0.77%	-3,863	Timeline
CTRACOTERRA ENERGY INC	547,027	$14M	0.76%	-88,281	Timeline
ONON SEMICONDUCTOR CORP	219,972	$13.9M	0.75%	+124,252	Timeline
FISFIDELITY NATL INFORMATION SV	168,471	$13.6M	0.74%	-24,696	Timeline
LDOSLEIDOS HOLDINGS INC	93,879	$13.5M	0.74%	-19,584	Timeline
XRAYDENTSPLY SIRONA INC	712,400	$13.5M	0.73%	+161,653	Timeline
DCIDONALDSON INC	199,476	$13.4M	0.73%	+17,680	Timeline
CSVCARRIAGE SVCS INC	333,600	$13.3M	0.72%	-11,950	Timeline
WTWWILLIS TOWERS WATSON PLC LTD	42,368	$13.3M	0.72%	+9,151	Timeline
HSYHERSHEY CO	77,906	$13.2M	0.72%	-23,848	Timeline
EZPWEZCORP INC	1,068,500	$13.1M	0.71%	-2,600	Timeline
THOTHOR INDS INC	136,236	$13M	0.71%	+62,149	Timeline
SMTCSEMTECH CORP	209,392	$13M	0.7%	+48,599	Timeline
CGAUCENTERRA GOLD INC	2,255,800	$12.8M	0.7%	-11,400	Timeline
IGICINTL GNRL INSURANCE HLDNGS L	540,150	$12.8M	0.7%	-73,450	Timeline
RDNRADIAN GROUP INC	400,000	$12.7M	0.69%	0	Timeline
GTESGATES INDL CORP PLC	615,192	$12.7M	0.69%	+184,413	Timeline
WSOWATSCO INC	26,275	$12.5M	0.68%	-5,594	Timeline
PRMBPRIMO BRANDS CORPORATION	400,000	$12.3M	0.67%	new	Timeline
VIPER ENERGY INC-CL AVIPER ENERGY INC-CL A	250,000	$12.3M	0.67%	-50,000
PATTERSON COS INCPATTERSON COS INC	395,000	$12.2M	0.66%	-23,900
SKXSKECHERS U S A INC	180,652	$12.1M	0.66%	+43,000	Timeline
SEESEALED AIR CORP NEW	358,872	$12.1M	0.66%	+17,650	Timeline
INGRINGREDION INC	87,985	$12.1M	0.66%	-19,589	Timeline
NGDNEW GOLD INC	4,840,650	$12M	0.65%	+148,450	Timeline
CTSCTS CORP	224,736	$11.9M	0.64%	0	Timeline
CCSCENTURY COMMUNITIES INC	157,999	$11.6M	0.63%	-3,585	Timeline
SFSTIFEL FINL CORP	107,026	$11.4M	0.62%	0	Timeline
EXCEXELON CORP	299,305	$11.3M	0.61%	-20,192	Timeline
WECWEC ENERGY GROUP INC	118,001	$11.1M	0.6%	-1,104	Timeline
TCBKTRICO BANCSHARES	250,000	$10.9M	0.59%	0	Timeline
SNNSMITH & NEPHEW PLC	436,989	$10.7M	0.58%	-83	Timeline
PINEALPINE INCOME PPTY TR INC	630,750	$10.6M	0.58%	-2,000	Timeline
MTNVAIL RESORTS INC	55,132	$10.3M	0.56%	-11,268	Timeline
FORFORESTAR GROUP INC	392,600	$10.2M	0.55%	+42,600	Timeline
PKGPACKAGING CORP AMER	45,180	$10.2M	0.55%	-27,624	Timeline
LEUCENTRUS ENERGY CORP	151,070	$10.1M	0.55%	-36,830	Timeline
THGHANOVER INS GROUP INC	64,387	$9.96M	0.54%	-5,279	Timeline
UGIUGI CORP NEW	350,000	$9.88M	0.54%	-114,050	Timeline
HAYWHAYWARD HLDGS INC	627,754	$9.6M	0.52%	-32,654	Timeline
ASBASSOCIATED BANC-CORP	400,000	$9.56M	0.52%	0	Timeline
LOPEGRAND CANYON ED INC	57,098	$9.35M	0.51%	-3,071	Timeline
TFXTELEFLEX INCORPORATED	51,764	$9.21M	0.5%	+33,018	Timeline
HSTMHEALTHSTREAM INC	287,396	$9.14M	0.5%	-30,996	Timeline
LAMRLAMAR ADVERTISING CO	74,910	$9.12M	0.5%	0	Timeline
MTRNMATERION CORP	91,071	$9.01M	0.49%	0	Timeline
HNRGHALLADOR ENERGY COMPANY	785,200	$8.99M	0.49%	-36,800	Timeline
LWLAMB WESTON HLDGS INC	134,223	$8.97M	0.49%	+59,194	Timeline
CTBICOMMUNITY TR BANCORP INC	169,025	$8.96M	0.49%	-1,300	Timeline
BRCBRADY CORP	119,227	$8.8M	0.48%	+7,252	Timeline
NFGNATIONAL FUEL GAS CO	144,722	$8.78M	0.48%	-1,173	Timeline
POTBELLY CORPPOTBELLY CORP	923,950	$8.7M	0.47%	-4,650
STCSTEWART INFORMATION SVCS COR	125,000	$8.44M	0.46%	0	Timeline
AUDCAUDIOCODES LTD	858,600	$8.36M	0.45%	-51,900	Timeline
KMXCARMAX INC	99,597	$8.14M	0.44%	-22,114	Timeline
APAMARTISAN PARTNERS ASSET MGMT	187,377	$8.07M	0.44%	0	Timeline
PLABPHOTRONICS INC	340,600	$8.02M	0.44%	+2,000	Timeline
GVAGRANITE CONSTR INC	91,231	$8M	0.43%	-16,331	Timeline
PCYOPURE CYCLE CORP	627,264	$7.95M	0.43%	+93,495	Timeline
CUBICUSTOMERS BANCORP INC	157,600	$7.67M	0.42%	new	Timeline
HXLHEXCEL CORP NEW	121,409	$7.61M	0.41%	+11,409	Timeline
ARAYACCURAY INC DEL	3,824,750	$7.57M	0.41%	+472,800	Timeline
HAEHAEMONETICS CORP MASS	92,923	$7.26M	0.39%	-48,175	Timeline
LANDSEA HOMES CORPLANDSEA HOMES CORP	854,144	$7.25M	0.39%	new
INBKFIRST INTERNET BANCORP	200,000	$7.2M	0.39%	0	Timeline
IPINTERNATIONAL PAPER CO	131,557	$7.08M	0.38%	-5,728	Timeline
AOSSMITH A O CORP	103,579	$7.07M	0.38%	-18	Timeline
OECORION S.A.	446,550	$7.05M	0.38%	-18,250	Timeline
MGYMAGNOLIA OIL & GAS CORP	300,000	$7.01M	0.38%	0	Timeline
ALKALASKA AIR GROUP INC	108,100	$7M	0.38%	-104,350	Timeline
THRTHERMON GROUP HLDGS INC	239,897	$6.9M	0.38%	-1,173	Timeline
DNOWDNOW INC	527,000	$6.86M	0.37%	-20,200	Timeline
KWRQUAKER HOUGHTON	48,409	$6.81M	0.37%	new	Timeline
TIPTTIPTREE INC	325,000	$6.78M	0.37%	0	Timeline
HFWAHERITAGE FINL CORP WASH	275,000	$6.74M	0.37%	0	Timeline
MIDDMIDDLEBY CORP	49,470	$6.7M	0.36%	-760	Timeline
CTLPCANTALOUPE INC	700,000	$6.66M	0.36%	0	Timeline
KEXKIRBY CORP	61,037	$6.46M	0.35%	-9,281	Timeline
LNNLINDSAY CORP	53,713	$6.35M	0.35%	+275	Timeline
PLYMPLYMOUTH INDUSTRIAL REIT INC	351,000	$6.25M	0.34%	+151,000	Timeline
ASTEASTEC INDS INC	184,800	$6.21M	0.34%	+7,250	Timeline
SXTSENSIENT TECHNOLOGIES CORP	85,734	$6.11M	0.33%	-20,231	Timeline
MTDRMATADOR RES CO	107,337	$6.04M	0.33%	new	Timeline
ITGRINTEGER HLDGS CORP	45,000	$5.96M	0.32%	0	Timeline
GOOGLALPHABET INC	30,794	$5.83M	0.32%	-860	Timeline
HCSGHEALTHCARE SVCS GROUP INC	499,716	$5.8M	0.32%	-267,134	Timeline
CTOSCUSTOM TRUCK ONE SOURCE INC	1,200,000	$5.77M	0.31%	+250,000	Timeline
RJFRAYMOND JAMES FINL INC	36,991	$5.75M	0.31%	new	Timeline
EPACENERPAC TOOL GROUP CORP	133,961	$5.5M	0.3%	0	Timeline
VLOVALERO ENERGY CORP	42,712	$5.24M	0.28%	-26,721	Timeline
VFCV F CORP	241,720	$5.19M	0.28%	+80,932	Timeline
DKDELEK US HLDGS INC NEW	280,300	$5.19M	0.28%	-114,575	Timeline
FMCFMC CORP	105,922	$5.15M	0.28%	-120,958	Timeline
LECOLINCOLN ELEC HLDGS INC	27,417	$5.14M	0.28%	-4	Timeline
CHAMPIONX CORPORATIONCHAMPIONX CORPORATION	186,796	$5.08M	0.28%	0
EGOELDORADO GOLD CORP NEW	316,650	$4.71M	0.26%	new	Timeline
PNCPNC FINL SVCS GROUP INC	24,295	$4.69M	0.25%	-550	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	10,311	$4.67M	0.25%	-280	Timeline
KNFKNIFE RIVER CORP	45,000	$4.57M	0.25%	-15,000	Timeline
ALEXALEXANDER & BALDWIN INC	250,000	$4.43M	0.24%	0	Timeline
PESIPERMA-FIX ENVIRONMENTAL SVCS	400,000	$4.43M	0.24%	-100,000	Timeline
TELTE CONNECTIVITY PLC	30,668	$4.38M	0.24%	-6,439	Timeline
CEGCONSTELLATION ENERGY CORP	19,138	$4.28M	0.23%	-13,517	Timeline
INFUINFUSYSTEM HLDGS INC	500,000	$4.22M	0.23%	0	Timeline
NVSTENVISTA HOLDINGS CORPORATION	214,777	$4.14M	0.23%	new	Timeline
BHEBENCHMARK ELECTRS INC	91,227	$4.14M	0.23%	0	Timeline
ASOACADEMY SPORTS & OUTDOORS IN	70,000	$4.03M	0.22%	+20,000	Timeline
SAICSCIENCE APPLICATIONS INTL CO	35,000	$3.91M	0.21%	-45,544	Timeline
SEBSEABOARD CORP DEL	1,600	$3.89M	0.21%	+400	Timeline
STKLSUNOPTA INC	500,000	$3.85M	0.21%	0	Timeline
STRRSTAR EQUITY HOLDINGS INC	291,863	$3.81M	0.21%	-1,848	Timeline
EVTCEVERTEC INC	110,000	$3.8M	0.21%	0	Timeline
CMCOCOLUMBUS MCKINNON CORP N Y	100,000	$3.72M	0.2%	new	Timeline
UNILEVER PLCUNILEVER PLC	65,314	$3.7M	0.2%	+9,278
KMTKENNAMETAL INC	151,062	$3.63M	0.2%	-144,757	Timeline
MCSMARCUS CORP DEL	150,000	$3.23M	0.18%	0	Timeline
NJRNEW JERSEY RES CORP	66,994	$3.13M	0.17%	0	Timeline
NWENORTHWESTERN ENERGY GROUP IN	56,302	$3.01M	0.16%	0	Timeline
JNJJOHNSON & JOHNSON	20,611	$2.98M	0.16%	-3,858	Timeline
OGSONE GAS INC	42,874	$2.97M	0.16%	0	Timeline
CRLCHARLES RIV LABS INTL INC	16,059	$2.96M	0.16%	-8,049	Timeline
MOFGMIDWESTONE FINANCIAL GROUP I	100,000	$2.91M	0.16%	0	Timeline
CWCOCONSOLIDATED WATER CO INC	109,443	$2.83M	0.15%	new	Timeline
HBIOHARVARD BIOSCIENCE INC	1,200,000	$2.53M	0.14%	0	Timeline
SBUXSTARBUCKS CORP	26,735	$2.44M	0.13%	-758	Timeline
WWAYFAIR INC	55,000	$2.44M	0.13%	+20,000	Timeline
EHCENCOMPASS HEALTH CORP	25,903	$2.39M	0.13%	-559	Timeline
MAMAMAMAS CREATIONS INC	300,000	$2.39M	0.13%	-100,000	Timeline
MRTNMARTEN TRANS LTD	150,000	$2.34M	0.13%	0	Timeline
BWBABCOCK & WILCOX ENTERPRISES	1,373,500	$2.25M	0.12%	+58,800	Timeline
TWINTWIN DISC INC	180,000	$2.12M	0.11%	-9,464	Timeline
QUADQUAD / GRAPHICS INC	300,000	$2.09M	0.11%	new	Timeline
CSCOCISCO SYS INC	34,728	$2.06M	0.11%	-1,045	Timeline
TXNTEXAS INSTRS INC	10,868	$2.04M	0.11%	+1,302	Timeline
BWXTBWX TECHNOLOGIES INC	17,931	$2M	0.11%	-1,119	Timeline
IBKRINTERACTIVE BROKERS GROUP IN	11,111	$1.96M	0.11%	-8,465	Timeline
ASTLALGOMA STL GROUP INC	200,000	$1.96M	0.11%	+100,000	Timeline
GOLFACUSHNET HLDGS CORP	26,820	$1.91M	0.1%	-80,388	Timeline
ORCLORACLE CORP	11,202	$1.87M	0.1%	-376	Timeline
SUSUNCOR ENERGY INC NEW	51,652	$1.84M	0.1%	-1,272	Timeline
AVXLANAVEX LIFE SCIENCES CORP	155,850	$1.67M	0.09%	new	Timeline
LKFNLAKELAND FINL CORP	22,319	$1.53M	0.08%	-467	Timeline
PBFPBF ENERGY INC	53,482	$1.42M	0.08%	new	Timeline
MUMICRON TECHNOLOGY INC	16,314	$1.37M	0.07%	-4	Timeline
XOMEXXON MOBIL CORP	12,746	$1.37M	0.07%	-372	Timeline
STSENSATA TECHNOLOGIES HLDG PL	50,000	$1.37M	0.07%	-152,150	Timeline
CNICANADIAN NATL RY CO	12,185	$1.24M	0.07%	-432	Timeline
FCFSFIRSTCASH HOLDINGS INC	10,733	$1.11M	0.06%	new	Timeline
SSDSIMPSON MFG INC	5,356	$888K	0.05%	-198	Timeline
XLVSELECT SECTOR SPDR TR	4,281	$589K	0.03%	new	Timeline
SAMBOSTON BEER INC	1,384	$415K	0.02%	-45	Timeline
XLPSELECT SECTOR SPDR TR	2,823	$222K	0.01%	new	Timeline
DLSWISDOMTREE TR	3,157	$199K	0.01%	-1,680	Timeline
CALMCAL MAINE FOODS INC	1,082	$111K	0.01%	-91,586	Timeline
XLESELECT SECTOR SPDR TR	1,271	$109K	0.01%	new	Timeline
XLBSELECT SECTOR SPDR TR	796	$67K	<0.01%	new	Timeline
IWMISHARES TR	213	$47.1K	<0.01%	new	Timeline
XLFSELECT SECTOR SPDR TR	714	$34.5K	<0.01%	new	Timeline
XLISELECT SECTOR SPDR TR	221	$29.1K	<0.01%	new	Timeline
XLUSELECT SECTOR SPDR TR	283	$21.4K	<0.01%	new	Timeline

Sold out in Q4 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
PRIMO WATER CORPORATIONPRIMO WATER CORPORATION	650,000	$16.4M	shares
QRVOQORVO INC	112,924	$11.7M	shares
MURMURPHY OIL CORP	267,896	$9.04M	shares
AMNAMN HEALTHCARE SVCS INC	117,158	$4.97M	shares
SDRLSEADRILL LTD	100,000	$3.97M	shares
UMHUMH PPTYS INC	150,000	$2.95M	shares
FLSFLOWSERVE CORP	50,000	$2.58M	shares
PKEPARK AEROSPACE CORP	137,558	$1.79M	shares
DGDOLLAR GEN CORP	13,939	$1.18M	shares

How Q4 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0000892712-25-000032	base		2025-02-12	acceptance time not in the bulk data set	2026-10-07 18:25:55 UTC