INVESTMENT COUNSELORS OF MARYLAND LLC

13F filer, CIK 51964, BALTIMORE, MD

INVESTMENT COUNSELORS OF MARYLAND LLC reported $2,338,616,000 across 191 holdings for the quarter ended 2019-12-31, in a 13F-HR filed 2020-02-11. Its ten largest share positions make up 14.34% of the portfolio.

Filed 2020-02-11 (acceptance time not in the bulk data set), ingested 2026-10-07 18:54:20 UTC13F-HR 0000051964-20-000005

Period: 2019-12-31
Reported value: $2.34B
Holdings: 191
Top 10 weight: 14.34%
New: 12
Sold out: 10

Largest buys vs the previous quarter

Security	Shares change	Approx. value
VERITEX HLDGS INCnew	+913,361	$26.6M
ONTOnew	+677,032	$24.7M
CAKEnew	+569,657	$22.1M
DLXnew	+311,782	$15.6M
FIRST BANCSHARES INC MISSnew	+427,223	$15.2M

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
AUBexited	-594,655	-$22.1M
MCHBexited	-789,421	-$21.6M
BRYN MAWR BANK CORPORATIONexited	-586,681	-$21.4M
PERFICIENT INCexited	-433,186	-$16.7M
RUDOLPH TECHNOLOGIES INCexited	-611,447	-$16.1M

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 2019

Share positions as resolved from 13F-HR 0000051964-20-000005, largest first. % of portfolio is the value over $2,338,617,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
MEIMETHODE ELECTRS INC	992,193	$39M	1.67%	+17,492	Timeline
VERINT SYS INCVERINT SYS INC	659,444	$36.5M	1.56%	+96,526
AEISADVANCED ENERGY INDS	496,695	$35.4M	1.51%	+8,207	Timeline
QTS RLTY TR INCQTS RLTY TR INC	649,436	$35.2M	1.51%	+11,126
KRGKITE REALTY GROUP TRUST	1,787,574	$34.9M	1.49%	+30,121	Timeline
TPHTRI POINTE HOMES INC	2,111,400	$32.9M	1.41%	+68,776	Timeline
M.D.C. HOLDINGS INCM.D.C. HOLDINGS INC	814,220	$31.1M	1.33%	+22,785
OECORION S.A.	1,582,752	$30.5M	1.31%	+26,634	Timeline
ICFIICF INTL INC	326,024	$29.9M	1.28%	+5,568	Timeline
SFNCSIMMONS FIRST NATL CORP	1,113,384	$29.8M	1.28%	+18,177	Timeline
COOPER TIRE & RUBR COCOOPER TIRE & RUBR CO	979,832	$28.2M	1.2%	+16,689
ASTEASTEC INDS INC	669,787	$28.1M	1.2%	+11,413	Timeline
THSTREEHOUSE FOODS INC	569,495	$27.6M	1.18%	+148,182	Timeline
CBZCBIZ INC	1,021,616	$27.5M	1.18%	+17,503	Timeline
ARGO GROUP INTERNATIONALARGO GROUP INTERNATIONAL	418,890	$27.5M	1.18%	+53,522
BDCBELDEN INC	499,540	$27.5M	1.17%	+8,442	Timeline
CNOBCONNECTONE BANCORP INC	1,059,405	$27.2M	1.17%	+18,300	Timeline
PRAAPRA GROUP INC	748,359	$27.2M	1.16%	+12,803	Timeline
MTGMGIC INVT CORP WIS	1,902,008	$27M	1.15%	+26,825	Timeline
SBCFSEACOAST BKG CORP FLA	875,310	$26.8M	1.14%	+15,251	Timeline
KNOLL INCKNOLL INC	1,057,137	$26.7M	1.14%	+18,525
CODICOMPASS DIVERSIFIED	1,072,982	$26.7M	1.14%	+17,601	Timeline
VERITEX HLDGS INCVERITEX HLDGS INC	913,361	$26.6M	1.14%	new
GPIGROUP 1 AUTOMOTIVE INC	264,194	$26.4M	1.13%	+4,586	Timeline
RRXREGAL REXNORD CORPORATION	306,577	$26.2M	1.12%	+40,507	Timeline
SAIASAIA INC	281,319	$26.2M	1.12%	+1,736	Timeline
WERNWERNER ENTERPRISES INC	714,435	$26M	1.11%	+12,073	Timeline
SP PLUS CORPSP PLUS CORP	610,160	$25.9M	1.11%	+10,179
ABCBAMERIS BANCORP	606,360	$25.8M	1.1%	+10,593	Timeline
BANCBANC OF CALIFORNIA INC	1,481,909	$25.5M	1.09%	+25,020	Timeline
URBNURBAN OUTFITTERS INC	903,696	$25.1M	1.07%	+15,424	Timeline
DRIL-QUIP INCDRIL-QUIP INC	534,808	$25.1M	1.07%	+192,016
KNKNOWLES CORP	1,184,892	$25.1M	1.07%	+20,255	Timeline
EFSCENTERPRISE FINL SVCS CORP	513,205	$24.7M	1.06%	+160,027	Timeline
ONTOONTO INNOVATION INC	677,032	$24.7M	1.06%	new	Timeline
STERLING BANCORP DELSTERLING BANCORP DEL	1,166,680	$24.6M	1.05%	+20,752
EL PASO ELECTRIC COEL PASO ELECTRIC CO	360,738	$24.5M	1.05%	+4,422
SRSPIRE INC	290,015	$24.2M	1.03%	+4,664	Timeline
NTGRNETGEAR INC	967,524	$23.7M	1.01%	+355,106	Timeline
NTCTNETSCOUT SYS INC	982,342	$23.6M	1.01%	+80,290	Timeline
FBNCFIRST BANCORP N C	592,142	$23.6M	1.01%	+10,299	Timeline
MTXMINERALS TECHNOLOGIES INC	410,017	$23.6M	1.01%	+6,918	Timeline
PHYSICIANS REALTY TRUSTPHYSICIANS REALTY TRUST	1,241,311	$23.5M	1.01%	+379,661
WLYWILEY JOHN & SONS INC	481,102	$23.3M	1%	+8,105	Timeline
DBIDESIGNER BRANDS INC	1,481,404	$23.3M	1%	+25,349	Timeline
KAMAN CORP-CLASS AKAMAN CORP-CLASS A	352,243	$23.2M	0.99%	+5,300
BDNBRANDYWINE RLTY TR	1,470,494	$23.2M	0.99%	+25,139	Timeline
EXPRO GROUP HOLDINGS NV COMEXPRO GROUP HOLDINGS NV COM	4,477,112	$23.1M	0.99%	+74,476
MYRGMYR GROUP INC	709,396	$23.1M	0.99%	+10,349	Timeline
EXTENDED STAY AMER INCEXTENDED STAY AMER INC	1,548,645	$23M	0.98%	+26,926
FRFIRST INDL RLTY TR INC	546,777	$22.7M	0.97%	+9,457	Timeline
INDEPENDENT BANK GROUP INCINDEPENDENT BANK GROUP INC	408,537	$22.6M	0.97%	+7,131
BHEBENCHMARK ELECTRS INC	651,664	$22.4M	0.96%	-360,009	Timeline
CAKECHEESECAKE FACTORY INC	569,657	$22.1M	0.95%	new	Timeline
LOCOEL POLLO LOCO HLDGS INC	1,452,097	$22M	0.94%	+24,688	Timeline
NEXTGEN HEALTHCARE INCNEXTGEN HEALTHCARE INC	1,357,519	$21.8M	0.93%	+23,308
FSSFEDERAL SIGNAL CORP	665,238	$21.5M	0.92%	-266,256	Timeline
SANDY SPRING BANCORP INCSANDY SPRING BANCORP INC	565,296	$21.4M	0.92%	+9,662
TCBKTRICO BANCSHARES	520,198	$21.2M	0.91%	+9,087	Timeline
ACTUANT CORPACTUANT CORP	805,585	$21M	0.9%	+13,751
CATCHMARK TIMBER TR INC CL ACATCHMARK TIMBER TR INC CL A	1,814,134	$20.8M	0.89%	+30,806
UEICUNIVERSAL ELECTRS INC	398,147	$20.8M	0.89%	+6,919	Timeline
UMHUMH PPTYS INC	1,316,796	$20.7M	0.89%	+22,419	Timeline
PRGSPROGRESS SOFTWARE CORP	489,205	$20.3M	0.87%	+8,396	Timeline
ABMABM INDS INC	531,657	$20M	0.86%	+9,091	Timeline
AINALBANY INTL CORP	263,417	$20M	0.86%	+4,707	Timeline
LIVENT CORPLIVENT CORP	2,304,916	$19.7M	0.84%	+39,427
INNOPHOS HOLDINGS INCINNOPHOS HOLDINGS INC	614,078	$19.6M	0.84%	+9,517
GEFGREIF INC	444,245	$19.6M	0.84%	+7,795	Timeline
NXQUANEX BLDG PRODS CORP	1,149,084	$19.6M	0.84%	+17,568	Timeline
ESRTEMPIRE ST RLTY TR INC	1,397,163	$19.5M	0.83%	+23,908	Timeline
ENSGENSIGN GROUP INC	428,142	$19.4M	0.83%	+7,105	Timeline
PROVIDENCE SVC CORPPROVIDENCE SVC CORP	326,599	$19.3M	0.83%	+5,700
GVAGRANITE CONSTR INC	693,033	$19.2M	0.82%	+11,872	Timeline
FORMFORMFACTOR INC	732,268	$19M	0.81%	-454,359	Timeline
FCPTFOUR CORNERS PPTY TR INC	670,569	$18.9M	0.81%	+11,573	Timeline
RRGBRED ROBIN GOURMET BURGERS IN	571,053	$18.9M	0.81%	-10,794	Timeline
WGOWINNEBAGO INDS INC	351,890	$18.6M	0.8%	+6,069	Timeline
DYDYCOM INDS INC	385,011	$18.2M	0.78%	+6,807	Timeline
CNDTCONDUENT INC	2,886,910	$17.9M	0.77%	+51,717	Timeline
JRVRJAMES RIVER GROUP HOLDINGS I	430,888	$17.8M	0.76%	+7,343	Timeline
FRMEFIRST MERCHANTS CORP	422,866	$17.6M	0.75%	+7,164	Timeline
ANIPANI PHARMACEUTICALS INC	284,334	$17.5M	0.75%	+4,974	Timeline
PEBPEBBLEBROOK HOTEL TR	650,781	$17.4M	0.75%	+11,929	Timeline
U S CONCRETE INCU S CONCRETE INC	388,596	$16.2M	0.69%	+6,644
TCBITEXAS CAP BANCSHARES INC	275,632	$15.6M	0.67%	+4,673	Timeline
IDAIDACORP INC	146,117	$15.6M	0.67%	+2,820	Timeline
DLXDELUXE CORP MEDIUM TERM NTS	311,782	$15.6M	0.67%	new	Timeline
CENTERSTATE BK CORPCENTERSTATE BK CORP	618,973	$15.5M	0.66%	+10,531
FIRST BANCSHARES INC MISSFIRST BANCSHARES INC MISS	427,223	$15.2M	0.65%	new
PNFPPINNACLE FINANCIAL PARTNERS	226,674	$14.5M	0.62%	+4,068	Timeline
NEENAH PAPER INCNEENAH PAPER INC	196,892	$13.9M	0.59%	+2,370
PACIFIC PREMIER BANCORP INCPACIFIC PREMIER BANCORP INC	379,328	$12.4M	0.53%	+6,247
CENTACENTRAL GARDEN & PET CO	401,454	$11.8M	0.5%	new	Timeline
BOSTON PRIVATE FINL HLDGS I…BOSTON PRIVATE FINL HLDGS INC COM	969,546	$11.7M	0.5%	+18,113
CCRNCROSS CTRY HEALTHCARE INC	987,144	$11.5M	0.49%	+16,660	Timeline
EPCEDGEWELL PERSONAL CARE CO	369,543	$11.4M	0.49%	+6,345	Timeline
MWAMUELLER WTR PRODS INC	888,947	$10.7M	0.46%	+15,160	Timeline
LFCRLIFECORE BIOMEDICAL INC	852,414	$9.64M	0.41%	+14,722	Timeline
CALLON PETE CO DELCALLON PETE CO DEL	1,943,147	$9.38M	0.4%	new
JERNIGAN CAP INCJERNIGAN CAP INC	425,499	$8.14M	0.35%	+7,203
EARTHSTONE ENERGY INCEARTHSTONE ENERGY INC	1,236,899	$7.83M	0.33%	+21,165
AAOIAPPLIED OPTOELECTRONICS INC	475,861	$5.65M	0.24%	+4,303	Timeline
AAPLAPPLE INC	19,243	$5.65M	0.24%	-350	Timeline
Whiting Petroleum CorporaWhiting Petroleum Corpora	658,538	$4.83M	0.21%	-13,150
BRK-BBERKSHIRE HATHAWAY INC DEL	16,226	$3.67M	0.16%	-125	Timeline
RUSHARUSH ENTERPRISES INC	70,842	$3.29M	0.14%	+9,332	Timeline
JPMJPMORGAN CHASE & CO	21,865	$3.05M	0.13%	-450	Timeline
JBLJABIL INC	59,295	$2.45M	0.1%	-1,110	Timeline
ACGLARCH CAP GROUP LTD	55,174	$2.37M	0.1%	-1,020	Timeline
TJXTJX COS INC NEW	34,636	$2.12M	0.09%	-600	Timeline
WMTWALMART INC	16,733	$1.99M	0.09%	-250	Timeline
WFCWELLS FARGO & CO	36,670	$1.97M	0.08%	+2,150	Timeline
MSFTMICROSOFT CORP	12,407	$1.96M	0.08%	-150	Timeline
COFCAPITAL ONE FINL CORP	17,474	$1.8M	0.08%	-225	Timeline
GOOGALPHABET INC	1,327	$1.77M	0.08%	-20	Timeline
GSGOLDMAN SACHS GROUP INC	7,706	$1.77M	0.08%	+425	Timeline
LOWLOWES COS INC	13,893	$1.66M	0.07%	-400	Timeline
KOCOCA COLA CO	29,933	$1.66M	0.07%	-450	Timeline
TOLTOLL BROTHERS INC	41,279	$1.63M	0.07%	+1,800	Timeline
INTCINTEL CORP	26,972	$1.61M	0.07%	-475	Timeline
WHRWHIRLPOOL CORP	10,713	$1.58M	0.07%	+775	Timeline
ELVELEVANCE HEALTH INC FORMERLY	5,215	$1.57M	0.07%	-25	Timeline
ZBHZIMMER BIOMET HOLDINGS INC	10,213	$1.53M	0.07%	+325	Timeline
DKSDICKS SPORTING GOODS INC	30,551	$1.51M	0.06%	-350	Timeline
AXTAAXALTA COATING SYS LTD	48,521	$1.48M	0.06%	+3,225	Timeline
AIGAMERICAN INTL GROUP INC	28,025	$1.44M	0.06%	+750	Timeline
CATCATERPILLAR INC	9,735	$1.44M	0.06%	-150	Timeline
ABTABBOTT LABORATORIES	14,960	$1.3M	0.06%	-325	Timeline
NUENUCOR CORP	22,560	$1.27M	0.05%	+2,635	Timeline
GOOGLALPHABET INC	929	$1.24M	0.05%	-25	Timeline
DISDISNEY WALT CO	8,490	$1.23M	0.05%	-100	Timeline
JNJJOHNSON & JOHNSON	8,205	$1.2M	0.05%	+50	Timeline
AVNSAVANOS MED INC	27,177	$916K	0.04%	new	Timeline
APACHE CORPAPACHE CORP	31,315	$801K	0.03%	+6,700
ABBVABBVIE INC	8,960	$793K	0.03%	+50	Timeline
IBMINTERNATIONAL BUSINESS MACHS	4,481	$601K	0.03%	-100	Timeline
CSCOCISCO SYS INC	12,427	$596K	0.03%	-175	Timeline
HALHALLIBURTON CO	18,370	$450K	0.02%	+5,200	Timeline
CIMAREX ENERGY CO COMCIMAREX ENERGY CO COM	7,955	$418K	0.02%	-125
PWRQUANTA SVCS INC	8,572	$349K	0.01%	0	Timeline
ONON SEMICONDUCTOR CORP	13,738	$335K	0.01%	0	Timeline
NATIONAL OILWELL VARCO INCNATIONAL OILWELL VARCO INC	12,935	$324K	0.01%	-100
MKSIMKS INC.	2,896	$319K	0.01%	0	Timeline
CNCCENTENE CORP DEL	5,040	$317K	0.01%	new	Timeline
RLRALPH LAUREN CORP	2,689	$315K	0.01%	0	Timeline
EHCENCOMPASS HEALTH CORP	4,377	$303K	0.01%	0	Timeline
NCLHNORWEGIAN CRUISE LINE HLDGS	5,063	$296K	0.01%	0	Timeline
BRXBRIXMOR PPTY GROUP INC	13,366	$289K	0.01%	0	Timeline
HIGHARTFORD INSURANCE GROUP INC	4,716	$287K	0.01%	0	Timeline
ALBALBEMARLE CORP	3,886	$284K	0.01%	0	Timeline
SABRSABRE CORP	12,562	$282K	0.01%	0	Timeline
WALWESTERN ALLIANCE BANCORP	4,836	$276K	0.01%	0	Timeline
INGRINGREDION INC	2,938	$273K	0.01%	+270	Timeline
LABORATORY CRP OF AMER HLDGSLABORATORY CRP OF AMER HLDGS	1,591	$269K	0.01%	0
TCF FINANCIAL CORPORATION NETCF FINANCIAL CORPORATION NE	5,594	$262K	0.01%	new
FANGDIAMONDBACK ENERGY INC	2,739	$254K	0.01%	+573	Timeline
JBHTHUNT J B TRANS SVCS INC	2,155	$252K	0.01%	0	Timeline
EVRGEVERGY INC	3,805	$248K	0.01%	0	Timeline
JBLUJETBLUE AIRWAYS CORP	13,256	$248K	0.01%	+666	Timeline
PACWEST BANCORP DELPACWEST BANCORP DEL	6,450	$247K	0.01%	+1,094
PARSLEY ENERGY INCPARSLEY ENERGY INC	12,479	$236K	0.01%	0
HUNHUNTSMAN CORP	9,690	$234K	0.01%	0	Timeline
SLMSLM CORP	25,510	$227K	0.01%	0	Timeline
DOXAMDOCS LTD	3,027	$219K	0.01%	0	Timeline
CPTCAMDEN PPTY TR	1,981	$210K	0.01%	0	Timeline
HOLXHOLOGIC INC	3,990	$208K	0.01%	0	Timeline
WTWWILLIS TOWERS WATSON PLC LTD	991	$200K	0.01%	0	Timeline
HILL ROM HLDGS INCHILL ROM HLDGS INC	1,765	$200K	0.01%	0
NTRSNORTHERN TR CORP	1,824	$194K	0.01%	+287	Timeline
PPGPPG INDS INC	1,446	$193K	0.01%	0	Timeline
DUKE REALTY CORPDUKE REALTY CORP	5,459	$189K	0.01%	0
TROWPRICE T ROWE GROUP INC	1,470	$179K	0.01%	0	Timeline
EWBCEAST WEST BANCORP INC	3,681	$179K	0.01%	-1,570	Timeline
PCARPACCAR INC	2,256	$178K	0.01%	0	Timeline
NVSTENVISTA HOLDINGS CORPORATION	5,892	$175K	0.01%	new	Timeline
AYIACUITY INC	1,223	$169K	0.01%	new	Timeline
CYRUSONE INCCYRUSONE INC	2,578	$169K	0.01%	0
JACOBS ENGINEERING GROUP INCJACOBS ENGINEERING GROUP INC	1,797	$161K	0.01%	0
DLRDIGITAL RLTY TR INC	1,299	$156K	0.01%	0	Timeline
PREMIER INCPREMIER INC	3,948	$150K	0.01%	0
HSTHOST HOTELS & RESORTS INC	7,956	$148K	0.01%	0	Timeline
IVZINVESCO LTD	7,981	$143K	0.01%	0	Timeline
NSCNORFOLK SOUTHN CORP	400	$78K	<0.01%	0	Timeline
XOMEXXON MOBIL CORP	632	$44K	<0.01%	0	Timeline
MRKMERCK & CO INC	310	$28K	<0.01%	0	Timeline
AXPAMERICAN EXPRESS CO	200	$25K	<0.01%	0	Timeline
PGPROCTER & GAMBLE CO	166	$21K	<0.01%	0	Timeline
UNPUNION PAC CORP	100	$18K	<0.01%	0	Timeline
CVXCHEVRON CORPORATION	58	$7K	<0.01%	0	Timeline
SLBSLB LIMITED	134	$5K	<0.01%	0	Timeline

Sold out in Q4 2019

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

Security	Shares before	Value before	Type
AUBATLANTIC UN BANKSHARES CORP	594,655	$22.1M	shares
MCHBMECHANICS BANCORP	789,421	$21.6M	shares
BRYN MAWR BANK CORPORATIONBRYN MAWR BANK CORPORATION	586,681	$21.4M	shares
PERFICIENT INCPERFICIENT INC	433,186	$16.7M	shares
RUDOLPH TECHNOLOGIES INCRUDOLPH TECHNOLOGIES INC	611,447	$16.1M	shares
ATKRATKORE INC	530,851	$16.1M	shares
CARRIZO OIL & GAS INCCARRIZO OIL & GAS INC	1,090,726	$9.36M	shares
BIOBIO RAD LABS INC	914	$304K	shares
AVTAVNET INC	6,201	$276K	shares
CECELANESE CORP DEL	1,664	$203K	shares

How Q4 2019 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 0000051964-20-000005	base		2020-02-11	acceptance time not in the bulk data set	2026-10-07 18:54:20 UTC