Heartland Advisors Inc.
Heartland Advisors, Inc. is an independently owned, boutique equity value investment management firm based in Milwaukee, WI. Founded in 1983, the firm offers value-focused, actively managed investment products through mutual funds and separately managed accounts for a range of clients. The firm is known for its disciplined value investing approach and serves both institutional and individual investors. Heartland Advisors has approximately 88 clients and, as of June 30, 2025, manages nearly $1.79 billion in assets.
Investment Strategy
Heartland Advisors employs a rigorous, value-investing philosophy based on its proprietary '10 Principles of Value Investing.' The strategy focuses on active management and fundamental research to identify undervalued equities with strong balance sheets and long-term growth potential. The firm constructs portfolios emphasizing downside risk mitigation, long-term capital appreciation, and a consistent, repeatable process, implemented across mutual funds and customized separate accounts. Heartland is committed to indepth, bottom-up analysis and seeks investments in areas overlooked or out of favor in wider markets.
Top Holdings
Equity Positions (212)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
T TCBI | TEXAS CAP BANCSHARES INC | 1.79% | $32.2M | 405,169 | $58.83 | $79.40 | -$3.6M |
S SIMO | SILICON MOTION TECHNOLOGY CO | 1.68% | $30.2M | 401,732 | $62.11 | $75.17 | +$7.4M |
L LINC | LINCOLN EDL SVCS CORP | 1.67% | $29.9M | 1,295,807 | $6.34 | $23.05 | +$9.2M |
T TDY | TELEDYNE TECHNOLOGIES INC | 1.63% | $29.3M | 57,203 | $414.36 | $512.31 | +$1.2M |
P PSA | PUBLIC STORAGE OPER CO | 1.50% | $26.9M | 91,517 | $299.64 | $293.42 | +$490.3K |