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First Wilshire Securities Management Inc.

CIK:0000732847
Investment Adviser
$2M AUM
83 holdings
Pasadena, CA, United States
Founded:1977
12 employees
Latest filing:Jun 30, 2025

First Wilshire Securities Management Inc. is an employee-owned boutique investment management firm founded in 1977 in Pasadena, California. The firm serves both institutional and high-net-worth individual clients, focusing on small-cap equity investments. First Wilshire adheres to a value investing approach and places a strong emphasis on in-depth, internally-generated research. The firm is known for its family-like company culture, experienced team (with long employee tenures), and personalized service for clients who share their investment philosophy.

Investment Strategy

First Wilshire Securities Management focuses on value investing with an emphasis on identifying small-cap U.S. and foreign equities that offer significant potential at attractive prices. The firm's strategy is unconstrained by traditional equity benchmarks, enabling them to avoid speculative areas and pursue overlooked investment opportunities. Through meticulous research and company visits, they construct portfolios predominantly of small-cap stocks, holding positions patiently until intrinsic value is realized. The firm aims for long-term capital appreciation by investing in companies with sustainable advantages that are undervalued by the market.

Latest 13F Filing Activity

First Wilshire Securities Management Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 83 equity positions with a total 13F market value of $367M. The fund increased holdings in Camtek LTD, Huntsman Corp., Tri Pointe Homes Inc. among other positions. First Wilshire Securities Management Inc. reduced exposure to Sunrise Communications AG Ads, Matrix SVC Co., Ishares TR among others.

Top Buys
C
CAMTCAMTEK LTD
+$12.9M
H
HUNHUNTSMAN CORP
+$7.3M
T
TPHTRI POINTE HOMES INC
+$5.2M
O
ORNORION GROUP HLDGS INC
+$4.8M
A
AVNWAVIAT NETWORKS INC
+$4.4M
Top Sells
S
SNRESUNRISE COMMUNICATIONS AG ADS
-$11.0M
M
MTRXMATRIX SVC CO
-$4.3M
S
SGOVISHARES TR
-$4.2M
S
SIGASIGA TECHNOLOGIES INC
-$4.2M
B
BILSPDR SERIES TRU
-$3.4M

Top Holdings

S
SGOVISHARES TR
+10.4%$38.3M
E
EZPWEZCORP INC
+8.5%$31.4M
C
CAMTCAMTEK LTD
+6.6%$24.4M
L
LBTYALIBERTY GLOBAL LTD
+6.3%$23.3M
E
ECVTECOVYST INC
+4.9%$18.1M

Equity Positions (83)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
ISHARES TR10.42%$38.3M379,998$100.44$100.69-$4.2M
EZCORP INC8.54%$31.4M2,258,817$7.36$13.88-$2.7M
CAMTEK LTD6.63%$24.4M288,022$64.71$84.56+$12.9M
LIBERTY GLOBAL LTD6.34%$23.3M2,326,616$9.20$10.01-$3.2M
ECOVYST INC4.93%$18.1M2,200,585$8.27$8.23+$4.4M

Industry Allocation

RETAIL-MISCELLANEOUS RETAIL
+11.1%
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
+9.3%
CABLE & OTHER PAY TELEVISION SERVICES
+8.4%
CHEMICALS & ALLIED PRODUCTS
+7.8%
OPTICAL INSTRUMENTS & LENSES
+5.8%