UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
12-31-2023
Check here if Amendment: ☐ Amendment Number:
This Amendment (Check only one.):☐ is a restatement.
☐ adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
SYSTEMATIC FINANCIAL MANAGEMENT LP
Address:
C/O GLENPOINTE EAST 7TH FLOOR
300 FRANK W BURR BLVD
TEANECK, NJ 07666
Form 13F File Number:
028-05015

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Karen E. Kohler
Title:
Chief Operating Officer/ CCO
Phone:
201-928-1982


Signature, Place, and Date of Signing:

Karen E. Kohler
                         [Signature]
Teaneck, NEW JERSEY
                 [City, State]
02-14-2024
                           [Date]
                          

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
2
Form 13F Information table Entry Total:
396
Form 13F Information table Value Total:
3370699984
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

No.Form 13F File NumberNameCIK
1
028-04975
AFFILIATED MANAGERS GROUP, INC.
0001004434
2
028-03432
MORGAN STANLEY
0000895421


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
Abbott LaboratoriesCOM002824100374,2383,400SHDFND13,400 0 0
AbbVie Inc.COM00287Y1091,441,2219,300SHDFND19,300 0 0
ABERCROMBIE & FITCH COCL A002896207405,7074,598SHOTR24,518 0 80
Abercrombie & Fitch Co.CL A00289620735,544,544402,908SHDFND1197,398 0 205,510
ACADEMY SPORTS & OUTDOORS INCCOM00402L107425,1706,441SHOTR26,278 0 163
Academy Sports and Outdoors InCOM00402L10714,985,300227,050SHDFND1117,835 0 109,215
ACUITY BRANDS INCCOM00508Y102385,8641,883SHOTR21,831 0 52
Acuity Brands Inc.COM00508Y1025,888,04328,746SHDFND114,576 0 14,170
ADEIA INC COMCOM00676P107321,74425,968SHOTR225,347 0 620
Adeia Inc.COM00676P10720,694,0381,670,221SHDFND1741,146 0 929,075
Advanced Micro DevicesCOM0079031071,092,3087,410SHDFND17,410 0 0
Allegion PLCORD SHSG0176J109211,0661,666SHDFND11,666 0 0
Allison Transmission Hldgs IncCOM01973R1015,160,52288,745SHDFND133,870 0 54,875
Amdocs Ltd.SHSG026021032,026,48023,057SHDFND119,777 0 3,280
AMER WOODMARK CORPORATIONCOM030506109612,1046,592SHOTR26,438 0 153
American Eagle Outfitters Inc.COM02553E10628,275,9601,336,293SHDFND1659,953 0 676,340
AMERICAN EAGLE OUTFITTERS NEWCOM02553E106519,75524,563SHOTR224,001 0 561
AMERICAN PUBLIC EDUCATION INCCOM02913V103168,46417,457SHOTR217,060 0 396
American Public Education Inc.COM02913V1034,014,120415,971SHDFND1239,036 0 176,935
American Woodmark Corp.COM03050610930,648,949330,091SHDFND1161,331 0 168,760
AMN Healthcare Services Inc.COM00174410112,561,794167,759SHDFND179,784 0 87,975
AMN HEALTHCARE SVCS INCCOM001744101318,9244,259SHOTR24,154 0 104
AngioDynamics IncCOM03475V10114,920,7351,903,155SHDFND1933,875 0 969,280
ANGIODYNAMICS INCCOM03475V101227,35528,999SHOTR228,290 0 709
APPLE HOSPITALITY REIT INCCOM NEW03784Y200593,04135,703SHOTR234,841 0 861
Apple Hospitality REIT Inc.COM NEW03784Y20030,309,9451,824,801SHDFND1863,201 0 961,600
Apple Inc.COM0378331002,374,85812,335SHDFND112,335 0 0
Applied Materials Inc.COM038222105555,7383,429SHDFND13,429 0 0
Aptiv PLCSHSG6095L109260,3672,902SHDFND12,902 0 0
Arch Capital Group Ltd.ORDG0450A105467,9016,300SHDFND16,300 0 0
ASGN INCCOM00191U102531,2575,524SHOTR25,394 0 129
ASGN IncorporatedCOM00191U10222,305,958231,943SHDFND1116,298 0 115,645
Assurant IncCOM04621X1082,006,04211,906SHDFND110,156 0 1,750
ATLANTIC UN BANKSHARES CORPCOM04911A107408,60211,182SHOTR210,919 0 262
Atlantic Union Bankshares CorpCOM04911A1078,072,015220,909SHDFND196,509 0 124,400
AXT INCCOM00246W103143,43959,766SHOTR258,217 0 1,549
AXT Inc.COM00246W1032,695,1761,122,990SHDFND1436,240 0 686,750
AZENTA INCCOM114340102501,9847,706SHOTR27,513 0 192
Azenta Inc.COM11434010227,635,254424,244SHDFND1206,724 0 217,520
BERKSHIRE HILLS BANCORP INCCOM084680107413,87916,668SHOTR216,258 0 410
Berkshire Hills Bancorp Inc.COM08468010721,315,165858,444SHDFND1388,894 0 469,550
Biogen Inc.COM09062X103429,5581,660SHDFND11,660 0 0
Bloomin Brands Inc.COM0942351087,524,073267,285SHDFND1115,215 0 152,070
BLOOMIN'BRANDS INC COMCOM094235108202,1137,179SHOTR27,009 0 170
BOWLERO CORP CL A COMCL A COM10258P102246,53017,410SHOTR216,997 0 413
Bowlero Corp. Class ACL A COM10258P1029,822,934693,710SHDFND1292,860 0 400,850
BRANDYWINE REALTY TR SBI NEWSH BEN INT NEW10536820311321SHOTR221 0 0
Brandywine Realty Trust Inc. (SH BEN INT NEW1053682034,329,990801,850SHDFND1352,150 0 449,700
BRP INC SUN VTGCOM SUN VTG05577W200344,6634,807SHOTR24,674 0 133
BRP Inc.COM SUN VTG05577W20015,879,693221,505SHDFND1101,475 0 120,030
Carrier Global Corp.COM14448C104344,7006,000SHDFND16,000 0 0
Centene Corp.COM15135B101447,6356,032SHDFND16,032 0 0
Central Garden & Pet Co. CL ACL A NON-VTG1535272054,580104SHDFND1104 0 0
Central Valley Community BancoCOM1556851005,652,650252,915SHDFND1120,040 0 132,875
CF Industries Holdings Inc.COM1252691001,780,40322,395SHDFND119,190 0 3,205
Check Point Software TechnologORDM224651043,359,39421,987SHDFND118,747 0 3,240
CHURCHILL DOWNS INCCOM171484108470,9453,490SHOTR23,404 0 85
Churchill Downs Inc.COM17148410822,998,819170,450SHDFND189,425 0 81,025
Ciena Corp.COM NEW1717793091,831,90740,700SHDFND134,850 0 5,850
Citizens Financial Group Inc.COM1746101052,099,48563,352SHDFND156,852 0 6,500
COHERENT CORPCOM19247G107188,8594,338SHOTR24,229 0 108
Coherent Corp.COM19247G10710,918,499250,827SHDFND1129,598 0 121,229
COHU INCCOM192576106556,81815,733SHOTR215,354 0 379
Cohu Inc.COM19257610627,477,575776,422SHDFND1391,472 0 384,950
Columbia Banking System Inc.COM19723610223,973,554898,559SHDFND1418,142 0 480,417
COLUMBIA BANKING SYSTEMS INCCOM197236102573,85021,508SHOTR220,984 0 523
COLUMBUS MCKINNON CORPCOM199333105480,85912,323SHOTR212,008 0 314
Columbus Mckinnon Corp.COM19933310528,445,697729,003SHDFND1352,063 0 376,940
Comcast Corporation CL ACL A20030N101499,89011,400SHDFND111,400 0 0
COMFORT SYSTEMS USA INCCOM1999081041,017,0184,944SHOTR24,827 0 117
Comfort Systems USA Inc.COM19990810448,148,170234,104SHDFND1114,619 0 119,485
COMMERCIAL METALS COCOM201723103624,27612,475SHOTR212,163 0 311
Commercial Metals CompanyCOM20172310326,438,134528,340SHDFND1265,735 0 262,605
COMMUNITY HEALTHCARE TR INCCOM20369C106244,7549,187SHOTR28,947 0 239
Community Healthcare Trust IncCOM20369C10615,547,877583,629SHDFND1281,454 0 302,175
ConAgra Brands Inc.COM2058871027,738270SHDFND1270 0 0
Constellation Energy Corp.COM21037T109633,5445,420SHDFND15,420 0 0
Coterra Energy Inc.COM1270971032,158,60984,585SHDFND172,500 0 12,085
CROSS COUNTRY HEALTHCARE INCCOM227483104745,72632,938SHOTR232,055 0 883
Cross Country Healthcare Inc.COM22748310436,331,2231,604,736SHDFND1767,656 0 837,080
CSX Corp.COM1264081031,060,90230,600SHDFND130,600 0 0
CURTISS WRIGHT CORPCOM231561101631,6532,835SHOTR22,756 0 78
Curtiss-Wright Corp.COM23156110141,876,945187,966SHDFND192,131 0 95,835
CVS Health CorporationCOM126650100133,2841,688SHDFND11,688 0 0
D. R. Horton Inc.COM23331A1091,954,15912,858SHDFND111,033 0 1,825
Dana IncorporatedCOM2358252057,112,163486,801SHDFND1212,101 0 274,700
DANA INCORPORATEDCOM235825205301,02720,604SHOTR220,097 0 507
DECKER OUTDOOR CORPORATIONCOM243537107658,551985SHOTR2961 0 23
Deckers Outdoor Corp.COM24353710720,195,27630,213SHDFND114,513 0 15,700
DELEK US HLDGS INCCOM24665A103172,3826,681SHOTR26,528 0 152
Delek US Holdings Inc.COM24665A10319,231,784745,418SHDFND1347,758 0 397,660
DIAMOND ROCK HOSPITALITY COCOM252784301389,30141,459SHOTR240,474 0 985
Diamondback Energy Inc.COM25278X1092,130,64413,739SHDFND111,801 0 1,938
Diamondrock Hospitality Co. (RCOM25278430114,125,8931,504,355SHDFND1729,305 0 775,050
Dicks Sporting Goods Inc.COM253393102638,2044,343SHDFND14,343 0 0
Digital Realty Trust Inc. (REICOM25386810323,282173SHDFND1173 0 0
DIME CMNTY BANCSHARES INC COMCOM25432X102494,26618,353SHOTR217,884 0 468
Dime Community Bancshares Inc.COM25432X10225,736,301955,674SHDFND1450,409 0 505,265
DOUGLAS DYNAMICS INC COMCOM25960R105252,0438,492SHOTR28,265 0 226
Douglas Dynamics Inc.COM25960R1059,921,698334,289SHDFND1139,539 0 194,750
Eastman Chemical Co.COM2774321001,717,35819,120SHDFND116,950 0 2,170
ELBIT SYSTEMS LTDORDM3760D101399,2341,872SHOTR21,824 0 47
Elbit Systems Ltd.ORDM3760D10114,765,21769,239SHDFND136,524 0 32,715
Elevance Health Inc.COM03675210316,97636SHDFND136 0 0
EMCOR GROUP INCCOM29084Q1001,121,2325,204SHOTR25,076 0 128
EMCOR Group Inc.COM29084Q10048,984,043227,378SHDFND1110,038 0 117,340
ENCOMPASS HEALTH CORPCOM29261A100488,4407,320SHOTR27,130 0 190
Encompass Health Corp.COM29261A10030,060,696450,550SHDFND1227,390 0 223,160
ENHABIT INCCOM29332G102307,05729,667SHOTR229,007 0 659
Enhabit Inc.COM29332G10216,047,3751,550,471SHDFND1746,979 0 803,492
Entergy Corp.COM29364G10310,119100SHDFND1100 0 0
EQT Corp.COM26884L10917,010440SHDFND1440 0 0
EVEREST GROUP LTDCOMG3223R108464,3811,313SHOTR21,282 0 30
Everest Group Ltd.COMG3223R10836,069,403102,012SHDFND148,170 0 53,842
EXELIXIS INCCOM30161Q104469,76119,581SHOTR219,158 0 423
Exelixis Inc.COM30161Q10426,766,3631,115,730SHDFND1559,120 0 556,610
Exelon Corp.COM30161N10112,529349SHDFND1349 0 0
F5 Inc.COM3156161022,601,47414,535SHDFND112,455 0 2,080
FIRST CITIZ BANCSHARES ACL A31946M1032,200,2181,550SHOTR21,512 0 37
First Citizens Bancshares Inc.CL A31946M10394,760,23666,781SHDFND134,290 0 32,491
FIRST CMNTY BANKSHARES INC VACOM31983A103542,09514,611SHOTR214,269 0 342
First Community Bancshares IncCOM31983A10321,550,277580,870SHDFND1261,020 0 319,850
FIRST MERCHANTS CORPCOM320817109568,65915,336SHOTR214,975 0 360
First Merchants CorporationCOM32081710921,741,487586,340SHDFND1261,240 0 325,100
Freeport-McMoRan Inc.CL B35671D8577,450175SHDFND1175 0 0
FTI Consulting Inc.COM3029411096,330,97931,790SHDFND115,190 0 16,600
Gaming and Leisure Properties COM36467J10811,696237SHDFND1237 0 0
GE HealthCare Technologies IncCOMMON STOCK36266G10710,052130SHDFND1130 0 0
GENCOR INDS INCCOM368678108354,59721,970SHOTR221,441 0 528
Gencor Industries Inc.COM36867810819,113,6501,184,241SHDFND1534,366 0 649,875
GENTEX CORPCOM371901109394,73512,086SHOTR211,808 0 277
Gentex Corp.COM3719011097,433,873227,614SHDFND1110,014 0 117,600
Gibraltar Industries Inc.COM3746891079,452,721119,685SHDFND148,135 0 71,550
GRANITE CONSTR INCCOM387328107543,47510,685SHOTR210,419 0 265
Granite Construction Inc.COM38732810729,546,354580,935SHDFND1281,555 0 299,380
GREIF BROS CORP CL ACL A397624107152,8352,330SHOTR22,265 0 64
Greif Inc. CL ACL A3976241078,209,900125,170SHDFND155,705 0 69,465
HARMONIC INCCOM413160102299,37622,958SHOTR222,391 0 567
Harmonic Inc.COM41316010213,362,1661,024,706SHDFND1436,356 0 588,350
Hartford Financial Services GrCOM4165151047,23490SHDFND190 0 0
HAYWARD HLDGS INCCOM421298100330,36424,291SHOTR223,636 0 655
Hayward Holdings Inc.COM42129810018,510,7561,361,085SHDFND1623,685 0 737,400
HEIDRICK & STRUGGLES INTL INCCOM422819102410,47013,900SHOTR213,564 0 335
Heidrick & Struggles Intl Inc.COM42281910214,904,884504,737SHDFND1218,837 0 285,900
HELEN OF TROYCOMG4388N106433,1773,585SHOTR23,499 0 86
Helen of Troy Corp. Ltd.COMG4388N10619,025,521157,483SHDFND168,393 0 89,090
Helix Energy Solutions Group ICOM42330P10727,157,1392,641,745SHDFND11,274,150 0 1,367,595
HELIX ENERGY SOLUTIONS GRP INCCOM42330P107378,86336,854SHOTR236,058 0 796
HELMERICH & PAYNECOM423452101324,2138,951SHOTR28,735 0 216
Helmerich & Payne Inc.COM42345210117,552,321484,603SHDFND1237,653 0 246,950
HNI Corp.COM40425110020,432,073488,455SHDFND1226,950 0 261,505
HNI CORPORATIONCOM404251100336,8698,053SHOTR27,845 0 207
Host Hotels & Resorts Inc. (RECOM44107P1042,072,289106,435SHDFND191,310 0 15,125
Huntington Bancshares Inc.COM4461501041,086,86085,445SHDFND174,500 0 10,945
HUNTSMAN CORPCOM447011107338,59113,473SHOTR213,150 0 323
Huntsman Corp.COM44701110712,692,912505,090SHDFND1244,625 0 260,465
ICF International Inc.COM44925C10342,362,383315,925SHDFND1148,820 0 167,105
ICF INTL INCCOM44925C103682,4005,089SHOTR24,961 0 127
Ingersoll Rand Inc.COM45687V106341,2244,412SHDFND14,412 0 0
INMODE LTDSHSM5425M103102,1454,592SHOTR24,444 0 148
InMode Ltd.SHSM5425M10310,465,588470,575SHDFND1198,425 0 272,150
Innoviva Inc.COM45781M10134,181,6412,131,025SHDFND11,036,180 0 1,094,845
INNOVIVA, INC.COM45781M101559,57134,886SHOTR234,039 0 846
International Paper Co.COM460146103256,6657,100SHDFND17,100 0 0
IPG PHOTONICS CORPCOM44980X109227,4042,095SHOTR22,043 0 51
IPG Photonics CorporationCOM44980X10911,656,545107,394SHDFND147,074 0 60,320
ISHARES RUSSELL 2000 VALUE ETFRUS 2000 VAL ETF4642876301,486,7999,571SHOTR29,495 0 76
iShares Russell 2000 Value IndRUS 2000 VAL ETF4642876305,452,86035,105SHDFND135,105 0 0
ITRON INCCOM465741106290,4013,845SHOTR23,749 0 96
Itron Inc.COM46574110611,339,337150,170SHDFND162,070 0 88,100
Jazz Pharmaceuticals PLCSHS USDG5087110523,992,134195,058SHDFND1100,253 0 94,805
JAZZ PHARMACEUTICALS PLCSHS USDG50871105389,9823,170SHOTR23,090 0 80
Johnson & JohnsonCOM478160104706,4274,507SHDFND14,507 0 0
JPMorgan Chase & Co.COM46625H1001,033,3586,075SHDFND16,075 0 0
K V H INDUSTRIES INCCOM482738101226,38143,038SHOTR241,819 0 1,218
KAISER ALUMINUM CORPCOM PAR $0.01483007704346,8234,871SHOTR24,766 0 105
Kaiser Aluminum CorporationCOM PAR $0.0148300770415,487,100217,546SHDFND1102,646 0 114,900
KB HomeCOM48666K10931,520,064504,644SHDFND1239,644 0 265,000
KB HOMECOM48666K109742,32211,884SHOTR211,603 0 281
KBR INCCOM48242W106424,0067,652SHOTR27,459 0 192
KBR Inc.COM48242W10642,857,862773,468SHDFND1381,663 0 391,805
Kenvue Inc.COM49177J102102,5474,763SHDFND14,763 0 0
KLA Corp.COM NEW4824801003,533,1416,078SHDFND15,228 0 850
KVH Industries Inc.COM4827381018,045,1541,529,497SHDFND1689,147 0 840,350
L.B. Foster Co.COM3500601091,715,33078,005SHDFND166,890 0 11,115
L3Harris Technologies Inc.COM5024311093,027,87314,376SHDFND112,556 0 1,820
LA Z BOY INCORPORATEDCOM505336107517,87314,026SHOTR213,705 0 321
La-Z-Boy Inc.COM50533610719,990,740541,461SHDFND1273,056 0 268,405
Laboratory Corporation of AmerCOM NEW50540R4091,767,6347,777SHDFND16,667 0 1,110
LAKELAND BANCORP INC N. J.COM511637100430,07829,079SHOTR228,344 0 735
Lakeland Bancorp Inc.COM51163710020,874,3991,411,386SHDFND1628,243 0 783,143
LAM Research Corp.COM512807108728,432930SHDFND1930 0 0
Lear Corp.COM NEW5218652041,613,18311,424SHDFND19,804 0 1,620
LEIDOS HLDGS INCCOM525327102532,8274,922SHOTR24,809 0 113
Leidos Holdings Inc.COM52532710221,635,877199,888SHDFND1108,698 0 91,190
Lowe's Companies Inc.COM5486611071,854,9548,335SHDFND18,335 0 0
LSB INDUSTRIESCOM502160104250,73926,932SHOTR226,166 0 765
LSB Industries Inc.COM50216010414,668,8361,575,600SHDFND1680,700 0 894,900
LSI INDUSTRIES INC OHIOCOM50216C108646,55145,919SHOTR244,820 0 1,099
LSI Industries Inc.COM50216C10833,238,0362,360,656SHDFND11,062,106 0 1,298,550
LXP INDUSTRIAL TRUSTCOM529043101418,32642,170SHOTR241,174 0 996
LXP Industrial Trust (REIT)COM52904310122,800,5452,298,442SHDFND11,091,507 0 1,206,935
M K S INSTRUMENTSCOM55306N104427,9904,160SHOTR24,051 0 109
M.D.C. Holdings Inc.COM55267610810,313,241186,665SHDFND183,865 0 102,800
Madison Square Garden EntertaiCL A55825610327,864,889876,530SHDFND1403,509 0 473,021
Madison Square Garden Sports CCL A55825T10321,654,498119,092SHDFND155,792 0 63,300
MADISON SQUARE GRDN SPRT CL ACL A55825T103283,1861,557SHOTR21,519 0 38
Magna International Cl ACOM5592224012,204,57037,315SHDFND132,005 0 5,310
Magnachip Semiconductor CorpCOM55933J20315,350,0102,046,668SHDFND1968,333 0 1,078,335
MAGNACHIP SEMICONDUCTOR CORP NCOM55933J203325,64343,419SHOTR242,486 0 932
MAGNOLIA OIL & GAS CORP CL ACL A5596631091,130,02153,077SHOTR251,746 0 1,330
Magnolia Oil & Gas CorporationCL A55966310961,225,0372,875,765SHDFND11,370,110 0 1,505,655
Maravai Lifesciences Holdings COM CL A56600D1078,526,6921,301,785SHDFND1692,890 0 608,895
MARAVAI LIFESCIENCES HOLDINGSCOM CL A56600D107147,61122,536SHOTR222,119 0 416
Markel Goup Inc.COM5705351042,628,2351,851SHDFND11,580 0 271
Masco Corp.COM5745991062,285,69334,125SHDFND129,250 0 4,875
Masonite International CorporaCOM57538510917,268,270203,972SHDFND190,347 0 113,625
MASONITE INTL CORP NEW COMCOM575385109388,0944,584SHOTR24,478 0 105
MASTERCRAFT BOAT HLDGS INCCOM57637H103465,55820,563SHOTR220,049 0 514
MasterCraft Boat Holdings Inc.COM57637H10320,944,422925,107SHDFND1464,757 0 460,350
MaxLinear Inc.COM57776J1001,203,14250,616SHDFND143,436 0 7,180
MDC HOLDINGS INCCOM552676108269,7564,882SHOTR24,761 0 120
MDSN SQ GRD ENT CL ACOM CL A558256103482,96815,192SHOTR214,806 0 385
MEDIFAST INCCOM58470H1014,02459SHOTR259 0 0
Medifast Inc.COM58470H1011,726,54625,685SHDFND17,410 0 18,275
Merck & Co. Inc.COM58933Y105795,8467,300SHDFND17,300 0 0
METHODE ELEC INCCOM591520200221,3329,737SHOTR29,440 0 297
Methode Electronics Inc.COM59152020012,948,735569,676SHDFND1242,926 0 326,750
Microsoft CorporationCOM5949181041,474,0773,920SHDFND13,920 0 0
MILLER IDS NEWCOM NEW600551204297,3497,031SHOTR26,858 0 172
Miller Industries Inc.COM NEW60055120416,297,044385,364SHDFND1194,344 0 191,020
MKS Instruments Inc.COM55306N10417,171,369166,923SHDFND182,653 0 84,270
Morgan StanleyCOM NEW6174464481,258,87513,500SHDFND113,500 0 0
MUELLER INDUS INCCOM624756102846,11417,945SHOTR217,585 0 359
Mueller Industries Inc.COM62475610248,564,7361,030,005SHDFND1504,145 0 525,860
National Healthcare Corp.COM63590610010,152,522109,852SHDFND144,752 0 65,100
NATL HLTHCARE CORPCOM635906100297,9033,223SHOTR23,145 0 78
NEWMARK GROUP INC CL ACL A65158N102256,08423,365SHOTR222,779 0 586
Newmark Group Inc. Class ACL A65158N1028,817,791804,543SHDFND1425,643 0 378,900
NNN REIT Inc.COM6374171061,159,82126,910SHDFND123,185 0 3,725
NOBLE CORP NEW AORD SHS AG65431127231,1284,799SHOTR24,664 0 135
Noble Corp. PLCORD SHS AG6543112714,436,008299,751SHDFND1134,971 0 164,780
Nomad Foods LimitedUSD ORD SHSG6564A10519,106,7861,127,244SHDFND1525,349 0 601,895
NOMAD HLDGS LTDUSD ORD SHSG6564A105365,10021,539SHOTR220,977 0 562
NORTHWESTERN ENERGY GROUP INCCOM NEW668074305839,54216,497SHOTR216,078 0 418
NorthWestern Energy Group Inc.COM NEW66807430544,400,558872,481SHDFND1402,331 0 470,150
nVent Electric plcSHSG6700G10717,136290SHDFND1290 0 0
NXP Semiconductors N.V.COMN6596X109385,8621,680SHDFND11,680 0 0
Occidental Petroleum Corp. War*W EXP 08/03/2026745991628,993231SHDFND1231 0 0
OCEAN FIRST FINANCIAL CORPCOM675234108297,21117,120SHOTR216,695 0 424
OceanFirst Financial Corp.COM67523410812,266,177706,577SHDFND1319,577 0 387,000
Old Republic Intl Corp.COM68022310425,093,459853,519SHDFND1407,419 0 446,100
OLD REPUBLIC INTL CPCOM680223104448,56015,257SHOTR214,919 0 338
ONTO INNOVATION INCCOM683344105716,5604,686SHOTR24,569 0 116
Onto Innovations Inc.COM68334410538,033,569248,748SHDFND1117,698 0 131,050
ORA SURE TECH INCCOM68554V108393,80748,025SHOTR246,883 0 1,141
OraSure Technologies Inc.COM68554V1088,897,0981,085,012SHDFND1526,227 0 558,785
Organon & Co.COMMON STOCK68622V10610,527730SHDFND1730 0 0
OSHKOSH CORPCOM688239201273,5012,522SHOTR22,463 0 59
Oshkosh Corp.COM68823920110,274,23394,772SHDFND143,877 0 50,895
OSI SYSTEMS INCCOM671044105620,2454,806SHOTR24,689 0 116
OSI Systems Inc.COM67104410530,551,942236,745SHDFND1102,520 0 134,225
Otis Worldwide Corp.COM68902V107268,4103,000SHDFND13,000 0 0
OUTFRONT Media Inc. (REIT)COM69007J106555,53839,795SHDFND134,295 0 5,500
OVINTIV INCCOM69047Q102365,2978,317SHOTR28,109 0 208
Ovintiv Inc.COM69047Q10223,218,967528,665SHDFND1235,615 0 293,050
OWENS CORNING INCCOM690742101526,2553,550SHOTR23,460 0 90
Owens Corning NewCOM69074210130,158,135203,455SHDFND193,240 0 110,215
PERFICIENT INCCOM71375U101324,0114,922SHOTR24,796 0 126
Perficient Inc.COM71375U101171,2642,602SHDFND12,322 0 280
PERION NETWORK LTDSHS NEWM78673114289,9999,394SHOTR29,174 0 219
Perion Network Ltd.SHS NEWM7867311414,309,325463,535SHDFND1217,785 0 245,750
PERRIGO CO LTDSHSG97822103609,16118,929SHOTR218,460 0 469
Perrigo Co. PLCSHSG9782210335,776,9841,111,777SHDFND1541,282 0 570,495
PGT INCCOM69336V101596,45714,654SHOTR214,304 0 350
PGT Innovations Inc.COM69336V10133,365,657819,795SHDFND1366,790 0 453,005
PHYSICIANS REALTY TRUSTCOM71943U104482,19136,227SHOTR235,305 0 922
Physicians Realty Trust (REIT)COM71943U10424,940,3311,873,804SHDFND1867,754 0 1,006,050
Piedmont Office Realty Trust ICOM CL A7201902067,825,0741,100,573SHDFND1522,248 0 578,325
PIEDMONT OFFICE RLTY TR CL-ACOM CL A720190206282,43039,722SHOTR238,723 0 999
Pinnacle West Capital CorporatCOM7234841011,671,35823,265SHDFND119,950 0 3,315
Piper Sandler CompaniesCOM72407810038,318,389219,125SHDFND1102,785 0 116,340
PIPER SANDLER COMPANIESCOM724078100851,1344,867SHOTR24,744 0 122
PNC Financial Services Group ICOM693475105712,3104,600SHDFND14,600 0 0
POLARIS INCCOM731068102315,7043,331SHOTR23,255 0 75
Polaris Inc.COM73106810217,037,751179,780SHDFND177,990 0 101,790
PORTLAND GENERAL ELEC COCOM NEW736508847279,4596,448SHOTR26,307 0 140
Portland General ElectricCOM NEW7365088479,961,959229,856SHDFND1104,666 0 125,190
PRINCETON BANCORP INCCOM74179A107463,13212,900SHOTR212,620 0 279
Princeton Bancorp Inc.COM74179A10710,309,152287,163SHDFND1112,863 0 174,300
PROGRESS SOFTWARECOM743312100401,8617,400SHOTR27,204 0 196
Progress Software Corp.COM74331210021,730,046400,185SHDFND1178,385 0 221,800
Prothena Corporation plcSHSG728001085,347,976147,165SHDFND176,315 0 70,850
PROTHENA CP PLC ORDSHSG7280010894,2672,594SHOTR22,515 0 78
PROVIDENT FIN SVC INCCOM74386T105349,67019,393SHOTR218,914 0 479
Provident Financial Services ICOM74386T10513,190,441731,583SHDFND1331,783 0 399,800
Prudential Financial Inc.COM744320102342,2433,300SHDFND13,300 0 0
PULTE GROUP INCCOM745867101450,4724,364SHOTR24,258 0 105
PulteGroup Inc.COM74586710113,375,351129,581SHDFND170,256 0 59,325
QORVO INC COMCOM74736K101353,7323,141SHOTR23,067 0 74
Qorvo Inc.COM74736K10115,048,074133,630SHDFND169,920 0 63,710
QUANEX BUILDING PRODUCTS CORPCOM747619104674,68822,070SHOTR221,584 0 485
Quanex Building Products CorpoCOM74761910429,572,103967,357SHDFND1444,057 0 523,300
QUIDELORTHO CORPCOM219798105217,8882,956SHOTR22,882 0 73
QuidelOrtho CorporationCOM21979810515,157,511205,665SHDFND1102,120 0 103,545
Ralph Lauren Corp.CL A7512121012,234,09115,493SHDFND113,288 0 2,205
Raymond James Financial Inc.COM7547301092,221,74919,926SHDFND117,041 0 2,885
Regal Rexnord Corp.COM75875010327,805,409187,849SHDFND192,689 0 95,160
REGAL REXNORD CORPORATIONCOM758750103611,4884,131SHOTR24,031 0 99
REX AMERICAN RESOURCES CORPCOM761624105675,19814,274SHOTR213,932 0 341
REX American Resources Corp.COM76162410532,700,335691,339SHDFND1299,139 0 392,200
RTX Corp.COM75513E101504,8406,000SHDFND16,000 0 0
SABRA HEALTH CARE REIT INCCOM78573L106549,50938,508SHOTR237,566 0 941
Sabra Health Care REIT Inc.COM78573L10628,446,7461,993,465SHDFND1937,315 0 1,056,150
SANDY SPRING BANCORPCOM800363103460,63316,910SHOTR216,487 0 422
Sandy Spring Bancorp Inc.COM80036310317,187,705630,973SHDFND1285,573 0 345,400
Schlumberger LimitedCOM STK806857108431,9328,300SHDFND18,300 0 0
SCHNITZER STEEL INDS INC CL ACL A806882106324,64610,764SHOTR210,496 0 267
Schnitzer Steel Industries IncCL A80688210615,347,097508,856SHDFND1244,926 0 263,930
Science Applications InternatiCOM80862510726,566,189213,692SHDFND1109,147 0 104,545
SCIENCE APPLICATIONS INTLCOM808625107456,0253,668SHOTR23,581 0 86
Seadrill LimitedCOMG7997W1027,054,176149,200SHDFND150,850 0 98,350
SELECTIVE INSURANCE GROUPCOM816300107735,0167,388SHOTR27,209 0 178
Selective Insurance Group Inc.COM81630010732,914,251330,863SHDFND1165,963 0 164,900
SILICOM LIMITEDORDM84116108174,3459,632SHOTR29,299 0 333
Silicom Ltd.ORDM8411610811,046,068610,280SHDFND1256,180 0 354,100
SILICON MOTION TECH CORP ADRSPONSORED ADR82706C108236,5143,860SHOTR23,761 0 98
Silicon Motion Technology CorpSPONSORED ADR82706C10816,814,755274,437SHDFND1126,162 0 148,275
Skyworks Solutions Inc.COM83088M1021,312,50411,675SHDFND110,075 0 1,600
SONOS INCCOM83570H108399,45523,305SHOTR222,786 0 518
Sonos Inc.COM83570H1089,017,200526,091SHDFND1233,991 0 292,100
SPECTRUM BRANDS HLDGS INCCOM84790A105518,5326,500SHOTR26,333 0 166
Spectrum Brands Holdings Inc.COM84790A10526,846,274336,546SHDFND1164,091 0 172,455
SPHERE ENTERTAINMENT CO CL ACL A55826T102264,5307,789SHOTR27,619 0 170
Sphere Entertainment Co.CL A55826T10212,538,100369,202SHDFND1178,781 0 190,421
SPIRIT REALTY CAPITAL INCCOM NEW84860W300330,4567,563SHOTR27,376 0 187
Spirit Realty Capital Inc.COM NEW84860W30017,124,514391,955SHDFND1185,675 0 206,280
State Street Corp.COM857477103418,2845,400SHDFND15,400 0 0
STEVEN MADDEN LTDCOM556269108537,24012,791SHOTR212,509 0 281
Steven Madden Ltd.COM55626910820,166,384480,152SHDFND1208,977 0 271,175
Stifel Financial Corp.COM86063010227,141,652392,504SHDFND1192,304 0 200,200
STIFEL FINANCIAL CORPORATIONCOM860630102524,9147,590SHOTR27,412 0 178
STONERIDGE INCCOM86183P102279,97914,306SHOTR213,957 0 348
Stoneridge Inc.COM86183P1023,791,648193,748SHDFND199,293 0 94,455
Strategic Education Inc.COM86272C1031,776,27519,230SHDFND116,420 0 2,810
STRIDE INCCOM86333M108572,8949,649SHOTR29,422 0 227
Stride Inc.COM86333M10825,885,023435,995SHDFND1206,515 0 229,480
SUMMIT HOTEL PROPERTIES INCCOM866082100178,95326,630SHOTR225,993 0 637
Summit Hotel Properties Inc. (COM8660821006,124,265911,349SHDFND1431,399 0 479,950
Sylvamo Corp.COMMON STOCK87133210231,676645SHDFND1645 0 0
TAPESTRY INCCOM876030107395,55110,745SHOTR210,471 0 274
Tapestry Inc.COM87603010715,160,346411,854SHDFND1209,599 0 202,255
Teekay Tankers LtdCL AY8565N3007,677,891153,650SHDFND166,700 0 86,950
TEEKAY TANKERS LTD CL ACL AY8565N300197,0653,943SHOTR23,848 0 95
TETRA TECH INCCOM88162G103419,3532,512SHOTR22,453 0 58
Tetra Tech Inc.COM88162G1038,491,72950,870SHDFND125,655 0 25,215
TIMKENSTEEL CORPCOM887399103368,04115,694SHOTR215,319 0 374
TimkenSteel CorporationCOM88739910323,069,031983,754SHDFND1450,254 0 533,500
TOWER SEMICONDUCTOR LTD NEWSHS NEWM87915274431,48914,035SHOTR213,706 0 328
Tower Semiconductor Ltd.SHS NEWM8791527417,310,547567,187SHDFND1293,222 0 273,965
Trane Technologies plcSHSG8994E1031,219,5005,000SHDFND15,000 0 0
Travel and Leisure Co.COM894164102281,4487,200SHDFND17,200 0 0
Trustco Bank Corp NY (new)COM NEW89834920427,526,912886,535SHDFND1392,085 0 494,450
TRUSTCO BK CORP N YCOM NEW898349204510,67816,447SHOTR216,054 0 392
U HAUL HOLDING COMPANYCOM02358610086112SHOTR212 0 0
U HAUL HOLDING COMPANY SER NCOM SER N023586506487,1086,915SHOTR26,761 0 153
U-Haul Holding CompanyCOM023586100140,5131,957SHDFND11,567 0 390
U-Haul Holding Company Series COM SER N02358650616,062,433228,030SHDFND1118,395 0 109,635
United Bankshares Inc.COM9099071076,162,518164,115SHDFND172,060 0 92,055
UNITED COMMUNITY BANKS INCCOM90984P303371,97312,712SHOTR212,397 0 315
United Community Banks Inc.COM90984P30322,898,876782,600SHDFND1350,200 0 432,400
UNITED FIRE GROUP INCCOM910340108185,0299,196SHOTR28,972 0 224
United Fire Group Inc.COM9103401086,404,458318,313SHDFND1136,713 0 181,600
UNIVERSAL DISPLAY CORPCOM91347P105324,2691,695SHOTR21,653 0 42
Universal Display Corp.COM91347P10522,781,935119,115SHDFND162,697 0 56,418
URBAN OUTFITTERS INCCOM917047102447,00512,524SHOTR212,216 0 307
Urban Outfitters Inc.COM91704710224,472,597685,699SHDFND1338,699 0 347,000
VANGUARD SM CAP VALUE ETFSM CP VAL ETF9229086115,77832SHOTR232 0 0
Veradigm Inc.COM01988P108755,28072,000SHDFND162,030 0 9,970
VICI Properties Inc.COM9256521097,492235SHDFND1235 0 0
Village Super Market Inc.CL A NEW92710740913,197,441503,143SHDFND1236,293 0 266,850
Visa Inc. CL ACOM CL A92826C8392,160,9058,300SHDFND18,300 0 0
VISHAY INTERTECHNOLOGY INCCOM928298108470,08519,611SHOTR219,146 0 465
Vishay Intertechnology Inc.COM92829810828,051,8991,170,292SHDFND1560,157 0 610,135
VISTEON CORPCOM NEW92839U206442,9213,546SHOTR23,452 0 94
Visteon Corp.COM NEW92839U20622,472,757179,926SHDFND188,781 0 91,145
VLG SUPERMK A NEWCL A NEW927107409354,42113,512SHOTR213,218 0 294
WAFD INCCOM938824109874,41926,529SHOTR225,903 0 626
WaFd Inc.COM93882410941,041,5611,245,193SHDFND1594,993 0 650,200
Warner Bros. Discovery Inc. SeCOM SER A9344231041,366120SHDFND1120 0 0
Webster Financial Corp.COM94789010942,588,757839,022SHDFND1418,338 0 420,684
WEBSTER FINCL CORPCOM947890109964,64019,003SHOTR218,543 0 460
Whole Earth Brands Inc Class ACOM CL A96684W1001,004,518294,580SHDFND1252,620 0 41,960
WILLIAMS SONOMACOM969904101820,9084,068SHOTR23,976 0 91
Williams-Sonoma Inc.COM96990410134,125,235169,121SHDFND184,386 0 84,735
Wyndham Hotels & Resorts Inc.COM98311A105578,9527,200SHDFND17,200 0 0