Perritt Capital Management Inc.
Perritt Capital Management Inc is an independent investment adviser based in Chicago, Illinois. Founded in 1987, the firm is focused on small-cap and micro-cap equity investments and manages mutual funds as well as separately managed accounts. As of September 2024, Perritt manages approximately $270 million in assets and employs around 8 professionals. They serve individual investors, institutional clients, and financial intermediaries.
Investment Strategy
Perritt Capital Management specializes in investing in small-cap and micro-cap U.S. equities, with a disciplined, bottom-up fundamental research process. The firm targets companies with strong management, sustainable competitive advantages, and long-term growth potential, often focusing on underfollowed businesses to seek value and capital appreciation for clients. Risk management and long-term capital preservation are central to their philosophy.
Latest 13F Filing Activity
Perritt Capital Management Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 322 equity positions with a total 13F market value of $194M. The fund increased holdings in Distillate Small/mid Cash Flow Etf, Dimensional Etf Trust, Dimensional Etf Trust among other positions. Perritt Capital Management Inc. reduced exposure to Northern Technologies International Corp., Legacy Housing Corp., Icad Inc. among others.
Top Holdings
Equity Positions (322)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
D DGRO | ISHARES CORE DIVIDEND GROWTH ETF | 5.46% | $10.6M | 165,444 | $42.84 | $63.94 | +$442.0K |
V VIGI | VANGUARD INTERNATIONAL DIVIDEND APPRECIATION ETF | 5.33% | $10.3M | 114,526 | $71.09 | $90.12 | +$816.3K |
S SLYV | SPDR S&P 600 SMALL CAP VALUE ETF | 5.17% | $10.0M | 125,524 | $55.74 | $79.76 | +$802.3K |
S SPY | SPDR S&P 500 ETF | 5.08% | $9.8M | 15,942 | $235.51 | $617.85 | +$920.3K |
D DFIS | DIMENSIONAL ETF TRUST | 4.91% | $9.5M | 318,798 | $21.21 | $29.84 | +$1.3M |
Industry Allocation
Investment Team (5)
| Name | Role | Location | |
|---|---|---|---|
G Gerald Perritt | vice president | Dade City, FL , United States | |
| Portfolio Manager | Chicago, IL , United States | ||
B Brian Gillespie | Portfolio Manager and Equity Research Analyst | Chicago, IL , United States | |
J Jerry Perritt | Vice President | Dade City, FL , United States | |
| Director of Research | United States |