# EDGAR Filing Document

**Accession Number:** 0001037792
**File Stem:** 0001037792-26-000001
**Filing Date:** 2026-2
**Character Count:** 21088
**Document Hash:** 6dbf689d150d13ce198db0602a2f6f19
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001037792-26-000001.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0001037792-26-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260212

**DATE AS OF CHANGE**: 20260212

**EFFECTIVENESS DATE**: 20260212

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PARADIGM CAPITAL MANAGEMENT INC/NY
- **CENTRAL INDEX KEY:** 0001037792

**ORGANIZATION NAME:**
- **EIN:** 141770168
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06298
- **FILM NUMBER:** 26625660

**BUSINESS ADDRESS:**
- **STREET 1:** 9 ELK STREET
- **CITY:** ALBANY
- **STATE:** NY
- **ZIP:** 12207
- **BUSINESS PHONE:** 5184313500

**MAIL ADDRESS:**
- **STREET 1:** 9 ELK STREET
- **CITY:** ALBANY
- **STATE:** NY
- **ZIP:** 12207

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** PARADIGM CAPITAL MANAGEMENT INC/NY<br>**Address:** 9 ELK STREET<br>ALBANY, NY 12207

**Form 13F File Number:** 028-06298

**CRD Number (if applicable):** 000107982

**SEC File Number (if applicable):** 801-47403

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:** Gregg A Miller<br>**Title:** CCO<br>**Phone:** 518-431-3534

**Signature, Place, and Date of Signing:**

Gregg A Miller  Albany, NY  02-12-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

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

[ ] **13F NOTICE.** (Check here if no holdings are reported 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:** 1

**Form 13F Information Table Entry Total:** 178

**Form 13F Information Table Value Total:** $61596488

      (round to nearest dollar)

**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.   | Name                       | Form 13F File Number   |
|:---|:---|:---|
|  | Paradigm Funds Advisor LLC |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Abbott Laboratories | COM | 002824100 |  | 676566 | 5400 | SH |  | SOLE | 1 | 5400 | 0 | 0 |
| Axcelis Technologies Inc. | COM | 054540208 |  | 964080 | 12000 | SH |  | DFND | 1 | 0 | 12000 | 0 |
| Axcelis Technologies Inc. | COM | 054540208 |  | 3534960 | 44000 | SH |  | SOLE | 1 | 44000 | 0 | 0 |
| Adtran Inc | COM | 00486H105 |  | 3756687 | 432300 | SH |  | DFND | 1 | 0 | 432300 | 0 |
| Adtran Inc | COM | 00486H105 |  | 6062222 | 697609 | SH |  | SOLE | 1 | 697609 | 0 | 0 |
| Addus homeCare Corporation | COM | 006739106 |  | 1586150 | 14770 | SH |  | SOLE | 1 | 14770 | 0 | 0 |
| Addus homeCare Corporation | COM | 006739106 |  | 4027125 | 37500 | SH |  | DFND | 1 | 0 | 37500 | 0 |
| Amer Eagle Outfitters | COM | 02553E106 |  | 102184 | 3875 | SH |  | SOLE | 1 | 3875 | 0 | 0 |
| Amer Eagle Outfitters | COM | 02553E106 |  | 2133333 | 80900 | SH |  | DFND | 1 | 0 | 80900 | 0 |
| American Financial Group | COM | 025932104 |  | 881586 | 6450 | SH |  | DFND | 1 | 0 | 6450 | 0 |
| Applied Materials | COM | 038222105 |  | 513980 | 2000 | SH |  | SOLE | 1 | 2000 | 0 | 0 |
| AngioDynamics Inc. | COM | 03475V101 |  | 2568000 | 200000 | SH |  | DFND | 1 | 0 | 200000 | 0 |
| AngioDynamics Inc. | COM | 03475V101 |  | 6140088 | 478200 | SH |  | SOLE | 1 | 478200 | 0 | 0 |
| Arlo Technologies Inc. | COM | 04206A101 |  | 2087308 | 149200 | SH |  | DFND | 1 | 0 | 149200 | 0 |
| Arlo Technologies Inc. | COM | 04206A101 |  | 2624524 | 187600 | SH |  | SOLE | 1 | 187600 | 0 | 0 |
| A10 Networks Inc. | COM | 002121101 |  | 1830915 | 103500 | SH |  | SOLE | 1 | 103500 | 0 | 0 |
| A10 Networks Inc. | COM | 002121101 |  | 5269851 | 297900 | SH |  | DFND | 1 | 0 | 297900 | 0 |
| ATI Inc. | COM | 01741R102 |  | 2065680 | 18000 | SH |  | DFND | 1 | 0 | 18000 | 0 |
| Atricure Inc | COM | 04963C209 |  | 2409204 | 60900 | SH |  | DFND | 1 | 0 | 60900 | 0 |
| Atricure Inc | COM | 04963C209 |  | 2460632 | 62200 | SH |  | SOLE | 1 | 62200 | 0 | 0 |
| Broadcom Ltd | COM | 11135F101 |  | 279994900 | 809000 | SH |  | SOLE | 1 | 809000 | 0 | 0 |
| AVIAT NETWORKS INC COM NEW | COM | 05366Y201 |  | 1006998 | 47100 | SH |  | SOLE | 1 | 47100 | 0 | 0 |
| Azenta Inc | COM | 114340102 |  | 143018 | 4300 | SH |  | SOLE | 1 | 4300 | 0 | 0 |
| Azenta Inc | COM | 114340102 |  | 1217316 | 36600 | SH |  | DFND | 1 | 0 | 36600 | 0 |
| Banner Corp New | COM | 06652V208 |  | 375960 | 6000 | SH |  | DFND | 1 | 0 | 6000 | 0 |
| Bath  Body Works Inc. | COM | 070830104 |  | 4016000 | 200000 | SH |  | DFND | 1 | 0 | 200000 | 0 |
| Boise Cascade Company | COM | 09739D100 |  | 101200 | 1375 | SH |  | SOLE | 1 | 1375 | 0 | 0 |
| Boise Cascade Company | COM | 09739D100 |  | 3091200 | 42000 | SH |  | DFND | 1 | 0 | 42000 | 0 |
| Builders Firstsource Inc | COM | 12008R107 |  | 4393403 | 42700 | SH |  | DFND | 1 | 0 | 42700 | 0 |
| Builders Firstsource Inc | COM | 12008R107 |  | 4429415 | 43050 | SH |  | SOLE | 1 | 43050 | 0 | 0 |
| Bristol-Myers Squibb | COM | 110122108 |  | 275094 | 5100 | SH |  | SOLE | 1 | 5100 | 0 | 0 |
| Caleres Inc | COM | 129500104 |  | 1217000 | 100000 | SH |  | DFND | 1 | 0 | 100000 | 0 |
| Caleres Inc | COM | 129500104 |  | 9877160 | 811599 | SH |  | SOLE | 1 | 811599 | 0 | 0 |
| Calix Inc | COM | 13100M509 |  | 35590132 | 672400 | SH |  | SOLE | 1 | 672400 | 0 | 0 |
| Cross Country Healthcare Inc. | COM | 227483104 |  | 426870 | 52700 | SH |  | SOLE | 1 | 52700 | 0 | 0 |
| Cross Country Healthcare Inc. | COM | 227483104 |  | 445500 | 55000 | SH |  | DFND | 1 | 0 | 55000 | 0 |
| Codexis Inc. | COM | 192005106 |  | 81500 | 50000 | SH |  | SOLE | 1 | 50000 | 0 | 0 |
| Cigna Corp New | COM | 125523100 |  | 495414 | 1800 | SH |  | SOLE | 1 | 1800 | 0 | 0 |
| Colgate-Palmolive | COM | 194162103 |  | 1398654 | 17700 | SH |  | SOLE | 1 | 17700 | 0 | 0 |
| Concentrix Corp | COM | 20602D101 |  | 1681578 | 40442 | SH |  | SOLE | 1 | 40442 | 0 | 0 |
| Concentrix Corp | COM | 20602D101 |  | 1908522 | 45900 | SH |  | DFND | 1 | 0 | 45900 | 0 |
| Cohu Inc. | COM | 192576106 |  | 2327000 | 100000 | SH |  | DFND | 1 | 0 | 100000 | 0 |
| Cohu Inc. | COM | 192576106 |  | 18962653 | 814897 | SH |  | SOLE | 1 | 814897 | 0 | 0 |
| Cerence Inc. | COM | 156727109 |  | 3207000 | 300000 | SH |  | DFND | 1 | 0 | 300000 | 0 |
| Cerence Inc. | COM | 156727109 |  | 18455130 | 1726392 | SH |  | SOLE | 1 | 1726392 | 0 | 0 |
| Carpenter Technology Corp | COM | 144285103 |  | 4911504 | 15600 | SH |  | DFND | 1 | 0 | 15600 | 0 |
| Ducommun Inc | COM | 264147109 |  | 73297665 | 770500 | SH |  | SOLE | 1 | 770500 | 0 | 0 |
| EMCOR Group Inc. | COM | 29084Q100 |  | 351779 | 575 | SH |  | SOLE | 1 | 575 | 0 | 0 |
| EMCOR Group Inc. | COM | 29084Q100 |  | 12908769 | 21100 | SH |  | DFND | 1 | 0 | 21100 | 0 |
| Enovis Corporation | COM | 194014502 |  | 3729600 | 140000 | SH |  | DFND | 1 | 0 | 140000 | 0 |
| Enovis Corporation | COM | 194014502 |  | 24077179 | 903798 | SH |  | SOLE | 1 | 903798 | 0 | 0 |
| EnerSys | COM | 29275Y102 |  | 68356150 | 465800 | SH |  | SOLE | 1 | 465800 | 0 | 0 |
| Ensign Group Inc. | COM | 29358P101 |  | 9755200 | 56000 | SH |  | DFND | 1 | 0 | 56000 | 0 |
| Ensign Group Inc. | COM | 29358P101 |  | 50186846 | 288099 | SH |  | SOLE | 1 | 288099 | 0 | 0 |
| Entegris Inc | COM | 29362U104 |  | 3370000 | 40000 | SH |  | DFND | 1 | 0 | 40000 | 0 |
| Entegris Inc | COM | 29362U104 |  | 41594225 | 493700 | SH |  | SOLE | 1 | 493700 | 0 | 0 |
| Edwards Lifesciences Corporation | COM | 28176E108 |  | 375100 | 4400 | SH |  | SOLE | 1 | 4400 | 0 | 0 |
| Extreme Networks | COM | 30226D106 |  | 5661000 | 340000 | SH |  | DFND | 1 | 0 | 340000 | 0 |
| Extreme Networks | COM | 30226D106 |  | 77131125 | 4632500 | SH |  | SOLE | 1 | 4632500 | 0 | 0 |
| Fabrinet | COM | G3323L100 |  | 1365840 | 3000 | SH |  | DFND | 1 | 0 | 3000 | 0 |
| Fabrinet | COM | G3323L100 |  | 240160200 | 527500 | SH |  | SOLE | 1 | 527500 | 0 | 0 |
| Fidelity National Financial | COM | 31620R303 |  | 322081 | 5900 | SH |  | DFND | 1 | 0 | 5900 | 0 |
| Formfactor Inc | COM | 346375108 |  | 1556262 | 27900 | SH |  | SOLE | 1 | 27900 | 0 | 0 |
| First Merchants Corporation | COM | 320817109 |  | 1199360 | 32000 | SH |  | DFND | 1 | 0 | 32000 | 0 |
| Federal Signal Corp | COM | 313855108 |  | 7601300 | 70000 | SH |  | SOLE | 1 | 70000 | 0 | 0 |
| GATX Corp | COM | 361448103 |  | 127200 | 750 | SH |  | SOLE | 1 | 750 | 0 | 0 |
| GATX Corp | COM | 361448103 |  | 983680 | 5800 | SH |  | DFND | 1 | 0 | 5800 | 0 |
| Gen Digital Inc | COM | 668771108 |  | 978840 | 36000 | SH |  | SOLE | 1 | 36000 | 0 | 0 |
| Globus Medical Inc Cl A new | COM | 379577208 |  | 7526122 | 86200 | SH |  | DFND | 1 | 0 | 86200 | 0 |
| Globus Medical Inc Cl A new | COM | 379577208 |  | 75051589 | 859599 | SH |  | SOLE | 1 | 859599 | 0 | 0 |
| Garmin LTD | COM | H2906T109 |  | 3869364 | 19075 | SH |  | DFND | 1 | 0 | 19075 | 0 |
| Halozyme Therapeutics Inc. | COM | 40637H109 |  | 673000 | 10000 | SH |  | SOLE | 1 | 10000 | 0 | 0 |
| Helen of Troy Limited | COM | G4388N106 |  | 2975000 | 140000 | SH |  | DFND | 1 | 0 | 140000 | 0 |
| Helen of Troy Limited | COM | G4388N106 |  | 9014250 | 424200 | SH |  | SOLE | 1 | 424200 | 0 | 0 |
| Hillenbrand Inc | COM | 431571108 |  | 47580 | 1500 | SH |  | SOLE | 1 | 1500 | 0 | 0 |
| Hillenbrand Inc | COM | 431571108 |  | 526552 | 16600 | SH |  | DFND | 1 | 0 | 16600 | 0 |
| Integra Lifesciences Holdings Corp | COM | 457985208 |  | 8569800 | 690000 | SH |  | DFND | 1 | 0 | 690000 | 0 |
| Integra Lifesciences Holdings Corp | COM | 457985208 |  | 24529475 | 1974998 | SH |  | SOLE | 1 | 1974998 | 0 | 0 |
| Intl Business Machines | COM | 459200101 |  | 859009 | 2900 | SH |  | SOLE | 1 | 2900 | 0 | 0 |
| Jabil Inc | COM | 466313103 |  | 3967548 | 17400 | SH |  | DFND | 1 | 0 | 17400 | 0 |
| Jabil Inc | COM | 466313103 |  | 123244810 | 540500 | SH |  | SOLE | 1 | 540500 | 0 | 0 |
| J Jill Group | COM | 46620W201 |  | 2291240 | 167000 | SH |  | DFND | 1 | 0 | 167000 | 0 |
| J Jill Group | COM | 46620W201 |  | 10252956 | 747300 | SH |  | SOLE | 1 | 747300 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 5629040 | 27200 | SH |  | SOLE | 1 | 27200 | 0 | 0 |
| Kadant Inc. | COM | 48282T104 |  | 4218296 | 14800 | SH |  | DFND | 1 | 0 | 14800 | 0 |
| Kadant Inc. | COM | 48282T104 |  | 4275300 | 15000 | SH |  | SOLE | 1 | 15000 | 0 | 0 |
| Kforce Inc. | COM | 493732101 |  | 49472 | 1600 | SH |  | SOLE | 1 | 1600 | 0 | 0 |
| Kforce Inc. | COM | 493732101 |  | 1088384 | 35200 | SH |  | DFND | 1 | 0 | 35200 | 0 |
| Orthopediatrics Corp | COM | 68752L100 |  | 834720 | 47000 | SH |  | SOLE | 1 | 47000 | 0 | 0 |
| Kulicke  Soffa Industries Inc. | COM | 501242101 |  | 585446 | 12850 | SH |  | SOLE | 1 | 12850 | 0 | 0 |
| Kulicke  Soffa Industries Inc. | COM | 501242101 |  | 7220121 | 158475 | SH |  | DFND | 1 | 0 | 158475 | 0 |
| Kratos Defense  Security Solutions Inc. | COM | 50077B207 |  | 16358605 | 215500 | SH |  | SOLE | 1 | 215500 | 0 | 0 |
| Lumentum Holdings Inc. | COM | 55024U109 |  | 3317310 | 9000 | SH |  | SOLE | 1 | 9000 | 0 | 0 |
| Lumentum Holdings Inc. | COM | 55024U109 |  | 9067314 | 24600 | SH |  | DFND | 1 | 0 | 24600 | 0 |
| Mid America Apartment Communities | COM | 59522J103 |  | 113212 | 815 | SH |  | SOLE | 1 | 815 | 0 | 0 |
| Mid America Apartment Communities | COM | 59522J103 |  | 2889328 | 20800 | SH |  | DFND | 1 | 0 | 20800 | 0 |
| Masimo Corp | COM | 574795100 |  | 149959 | 1153 | SH |  | SOLE | 1 | 1153 | 0 | 0 |
| Masimo Corp | COM | 574795100 |  | 1326612 | 10200 | SH |  | DFND | 1 | 0 | 10200 | 0 |
| MasterBrand Inc. | COM | 57638P104 |  | 1766400 | 160000 | SH |  | DFND | 1 | 0 | 160000 | 0 |
| MasterBrand Inc. | COM | 57638P104 |  | 4658880 | 422000 | SH |  | SOLE | 1 | 422000 | 0 | 0 |
| MiMedx | COM | 602496101 |  | 16594624 | 2451200 | SH |  | SOLE | 1 | 2451200 | 0 | 0 |
| Modine Manufacturing Co | COM | 607828100 |  | 13351000 | 100000 | SH |  | DFND | 1 | 0 | 100000 | 0 |
| Modine Manufacturing Co | COM | 607828100 |  | 183749546 | 1376298 | SH |  | SOLE | 1 | 1376298 | 0 | 0 |
| Marvell Technology Inc. | COM | 573874104 |  | 186956 | 2200 | SH |  | SOLE | 1 | 2200 | 0 | 0 |
| Marvell Technology Inc. | COM | 573874104 |  | 5897612 | 69400 | SH |  | DFND | 1 | 0 | 69400 | 0 |
| MaxLinear Inc | COM | 57776J100 |  | 15007230 | 861000 | SH |  | SOLE | 1 | 861000 | 0 | 0 |
| MYR Group Inc. | COM | 55405W104 |  | 1748000 | 8000 | SH |  | SOLE | 1 | 8000 | 0 | 0 |
| National Bank Hldgs Corp Cl A | COM | 633707104 |  | 342090 | 9000 | SH |  | DFND | 1 | 0 | 9000 | 0 |
| Neogen Corporation | COM | 640491106 |  | 363480 | 52000 | SH |  | SOLE | 1 | 52000 | 0 | 0 |
| NN Inc. | COM | 629337106 |  | 256000 | 200000 | SH |  | SOLE | 1 | 200000 | 0 | 0 |
| Insight Enterprises | COM | 45765U103 |  | 6848694 | 84064 | SH |  | DFND | 1 | 0 | 84064 | 0 |
| Insight Enterprises | COM | 45765U103 |  | 59204249 | 726700 | SH |  | SOLE | 1 | 726700 | 0 | 0 |
| Natera Inc. | COM | 632307104 |  | 7101790 | 31000 | SH |  | SOLE | 1 | 31000 | 0 | 0 |
| Natera Inc. | COM | 632307104 |  | 13607946 | 59400 | SH |  | DFND | 1 | 0 | 59400 | 0 |
| Nova Measuring Instruments Ltd | COM | M7516K103 |  | 328390 | 1000 | SH |  | SOLE | 1 | 1000 | 0 | 0 |
| Enviri Corp | COM | 415864107 |  | 8601600 | 480000 | SH |  | DFND | 1 | 0 | 480000 | 0 |
| Enviri Corp | COM | 415864107 |  | 54919388 | 3064698 | SH |  | SOLE | 1 | 3064698 | 0 | 0 |
| Orthofix Medical Inc. | COM | 68752M108 |  | 8792800 | 580000 | SH |  | DFND | 1 | 0 | 580000 | 0 |
| Orthofix Medical Inc. | COM | 68752M108 |  | 41309469 | 2724899 | SH |  | SOLE | 1 | 2724899 | 0 | 0 |
| Outset Med Inc | COM | 690145206 |  | 148400 | 40000 | SH |  | SOLE | 1 | 40000 | 0 | 0 |
| Owens and Minor Inc. | COM | 690732102 |  | 672000 | 240000 | SH |  | DFND | 1 | 0 | 240000 | 0 |
| Owens and Minor Inc. | COM | 690732102 |  | 4049920 | 1446400 | SH |  | SOLE | 1 | 1446400 | 0 | 0 |
| Onto Innovation Inc. | COM | 683344105 |  | 10418760 | 66000 | SH |  | DFND | 1 | 0 | 66000 | 0 |
| Onto Innovation Inc. | COM | 683344105 |  | 167306027 | 1059838 | SH |  | SOLE | 1 | 1059838 | 0 | 0 |
| Penguin Solutions Inc | COM | 706915105 |  | 2738400 | 140000 | SH |  | DFND | 1 | 0 | 140000 | 0 |
| Penguin Solutions Inc | COM | 706915105 |  | 15323304 | 783400 | SH |  | SOLE | 1 | 783400 | 0 | 0 |
| PepsiCo Inc | COM | 713448108 |  | 215280 | 1500 | SH |  | SOLE | 1 | 1500 | 0 | 0 |
| Pfizer Inc | COM | 717081103 |  | 283860 | 11400 | SH |  | SOLE | 1 | 11400 | 0 | 0 |
| Procter  Gamble | COM | 742718109 |  | 358275 | 2500 | SH |  | SOLE | 1 | 2500 | 0 | 0 |
| Pennant Group Inc. | COM | 70805E109 |  | 5630000 | 200000 | SH |  | DFND | 1 | 0 | 200000 | 0 |
| Pennant Group Inc. | COM | 70805E109 |  | 34140320 | 1212800 | SH |  | SOLE | 1 | 1212800 | 0 | 0 |
| Progress Software Corp | COM | 743312100 |  | 98808 | 2300 | SH |  | SOLE | 1 | 2300 | 0 | 0 |
| Progress Software Corp | COM | 743312100 |  | 1847280 | 43000 | SH |  | DFND | 1 | 0 | 43000 | 0 |
| Primoris Services Corp | COM | 74164F103 |  | 620700 | 5000 | SH |  | DFND | 1 | 0 | 5000 | 0 |
| Pure Storage Inc. Class A | COM | 74624M102 |  | 1809270 | 27000 | SH |  | SOLE | 1 | 27000 | 0 | 0 |
| PTC Inc | COM | 69370C100 |  | 6968400 | 40000 | SH |  | SOLE | 1 | 40000 | 0 | 0 |
| Quidel Corp | COM | 219798105 |  | 6671330 | 233590 | SH |  | DFND | 1 | 0 | 233590 | 0 |
| Quidel Corp | COM | 219798105 |  | 17001768 | 595300 | SH |  | SOLE | 1 | 595300 | 0 | 0 |
| Qorvo Inc. | COM | 74736K101 |  | 116624 | 1380 | SH |  | SOLE | 1 | 1380 | 0 | 0 |
| Qorvo Inc. | COM | 74736K101 |  | 2070495 | 24500 | SH |  | DFND | 1 | 0 | 24500 | 0 |
| Ribbon Communications Inc | COM | 762544104 |  | 864000 | 300000 | SH |  | DFND | 1 | 0 | 300000 | 0 |
| Ribbon Communications Inc | COM | 762544104 |  | 23107098 | 8023298 | SH |  | SOLE | 1 | 8023298 | 0 | 0 |
| Radnet Inc | COM | 750491102 |  | 1926450 | 27000 | SH |  | SOLE | 1 | 27000 | 0 | 0 |
| Radnet Inc | COM | 750491102 |  | 1976395 | 27700 | SH |  | DFND | 1 | 0 | 27700 | 0 |
| Renasant Corporation | COM | 75970E107 |  | 774840 | 22000 | SH |  | DFND | 1 | 0 | 22000 | 0 |
| Regal Rexnord Corporation | COM | 758750103 |  | 1711904 | 12200 | SH |  | DFND | 1 | 0 | 12200 | 0 |
| Revvity Inc. | COM | 714046109 |  | 91913 | 950 | SH |  | SOLE | 1 | 950 | 0 | 0 |
| Revvity Inc. | COM | 714046109 |  | 3628125 | 37500 | SH |  | DFND | 1 | 0 | 37500 | 0 |
| SI-Bone Inc. | COM | 825704109 |  | 10416104 | 528200 | SH |  | SOLE | 1 | 528200 | 0 | 0 |
| TD SYNNEX Corporation | COM | 87162W100 |  | 3129591 | 20832 | SH |  | DFND | 1 | 0 | 20832 | 0 |
| TD SYNNEX Corporation | COM | 87162W100 |  | 9080202 | 60442 | SH |  | SOLE | 1 | 60442 | 0 | 0 |
| Smurfit Westrock L | COM | G8267P108 |  | 703021 | 18180 | SH |  | SOLE | 1 | 18180 | 0 | 0 |
| Skyworks Solutions Inc. | COM | 83088M102 |  | 779943 | 12300 | SH |  | SOLE | 1 | 12300 | 0 | 0 |
| Sensient Technologies Corp | COM | 81725T100 |  | 86904 | 925 | SH |  | SOLE | 1 | 925 | 0 | 0 |
| Sensient Technologies Corp | COM | 81725T100 |  | 4749173 | 50550 | SH |  | DFND | 1 | 0 | 50550 | 0 |
| TruBridge Inc. | COM | 205306103 |  | 2207000 | 100000 | SH |  | DFND | 1 | 0 | 100000 | 0 |
| TruBridge Inc. | COM | 205306103 |  | 5274730 | 239000 | SH |  | SOLE | 1 | 239000 | 0 | 0 |
| Tactile Systems Technology | COM | 87357P100 |  | 6380000 | 220000 | SH |  | DFND | 1 | 0 | 220000 | 0 |
| Tactile Systems Technology | COM | 87357P100 |  | 14981371 | 516599 | SH |  | SOLE | 1 | 516599 | 0 | 0 |
| Teradyne Inc | COM | 880770102 |  | 2903400 | 15000 | SH |  | SOLE | 1 | 15000 | 0 | 0 |
| Teradyne Inc | COM | 880770102 |  | 6513294 | 33650 | SH |  | DFND | 1 | 0 | 33650 | 0 |
| Gentherm Inc | COM | 37253A103 |  | 545550 | 15000 | SH |  | SOLE | 1 | 15000 | 0 | 0 |
| Treace Medical Concepts Inc. | COM | 89455T109 |  | 245000 | 100000 | SH |  | SOLE | 1 | 100000 | 0 | 0 |
| TTEC Holdings Inc | COM | 89854H102 |  | 842760 | 234100 | SH |  | SOLE | 1 | 234100 | 0 | 0 |
| TTEC Holdings Inc | COM | 89854H102 |  | 1080000 | 300000 | SH |  | DFND | 1 | 0 | 300000 | 0 |
| TTM Technologies Inc. | COM | 87305R109 |  | 3001500 | 43500 | SH |  | SOLE | 1 | 43500 | 0 | 0 |
| Ultra Clean Holdings Inc | COM | 90385V107 |  | 15405706 | 608200 | SH |  | SOLE | 1 | 608200 | 0 | 0 |
| Veeco Instruments | COM | 922417100 |  | 7145000 | 250000 | SH |  | DFND | 1 | 0 | 250000 | 0 |
| Veeco Instruments | COM | 922417100 |  | 61461261 | 2150499 | SH |  | SOLE | 1 | 2150499 | 0 | 0 |
| WESCO International Inc. | COM | 95082P105 |  | 7339200 | 30000 | SH |  | SOLE | 1 | 30000 | 0 | 0 |
| Dentsply Sirona Inc. | COM | 24906P109 |  | 2514600 | 220000 | SH |  | DFND | 1 | 0 | 220000 | 0 |
| Dentsply Sirona Inc. | COM | 24906P109 |  | 24900255 | 2178500 | SH |  | SOLE | 1 | 2178500 | 0 | 0 |
| Xerox Corp | COM | 98421M106 |  | 379200 | 160000 | SH |  | DFND | 1 | 0 | 160000 | 0 |
| Xerox Corp | COM | 98421M106 |  | 1706400 | 720000 | SH |  | SOLE | 1 | 720000 | 0 | 0 |
| Ziff-Davis Inc | COM | 48123V102 |  | 40423 | 1150 | SH |  | SOLE | 1 | 1150 | 0 | 0 |
| Ziff-Davis Inc | COM | 48123V102 |  | 253080 | 7200 | SH |  | DFND | 1 | 0 | 7200 | 0 |
| Zumiez Inc. | COM | 989817101 |  | 12457110 | 478200 | SH |  | SOLE | 1 | 478200 | 0 | 0 |
| Zurn Water Solutions Corp | COM | 98983L108 |  | 4755927 | 102300 | SH |  | DFND | 1 | 0 | 102300 | 0 |

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