# EDGAR Filing Document

**Accession Number:** 0001127761
**File Stem:** 0000909012-23-000016
**Filing Date:** 2023-1
**Character Count:** 19521
**Document Hash:** 3db1cd17a2827ff3638fe24d4f1ffe0c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000909012-23-000016.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0000909012-23-000016

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230131

**EFFECTIVENESS DATE**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IRONWOOD INVESTMENT MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001127761
- **IRS NUMBER:** 043386084
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06155
- **FILM NUMBER:** 23571978

**BUSINESS ADDRESS:**
- **STREET 1:** 67 BATTERYMARCH STREET,
- **STREET 2:** 3RD FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6177577630

**MAIL ADDRESS:**
- **STREET 1:** 67 BATTERYMARCH STREET,
- **STREET 2:** 3RD FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IRONWOOD CAPITAL MANAGEMENT LLC
- **DATE OF NAME CHANGE:** 20001103

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** IRONWOOD INVESTMENT MANAGEMENT LLC<br>**Address:** 67 BATTERYMARCH STREET<br>3RD FLOOR<br>BOSTON, MA 02110

**Form 13F File Number:** 028-06155

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:** Shantelle Reidy<br>**Title:** Chief Compliance Officer<br>**Phone:** 617 757 7630

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

/s/ SHANTELLE REIDY  Boston, MA  01-31-2023<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:** 0

**Form 13F Information Table Entry Total:** 164

**Form 13F Information Table Value Total:** $151693628

      (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.]

**NONE**

### 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 |
| 2U Inc. | COM | 90214j101 |  | 79968 | 12754 | SH |  | SOLE | 0 | 12754 | 0 | 0 |
| A E S Corp | COM | 00130H105 |  | 616816 | 21447 | SH |  | SOLE | 0 | 21447 | 0 | 0 |
| ACI Worldwide Inc | COM | 004498101 |  | 769580 | 33460 | SH |  | SOLE | 0 | 33460 | 0 | 0 |
| Acco Brands Corp | COM | 00081T108 |  | 154362 | 27614 | SH |  | SOLE | 0 | 27614 | 0 | 0 |
| Acuity Brands | COM | 00508y102 |  | 313334 | 1892 | SH |  | SOLE | 0 | 1892 | 0 | 0 |
| Agnico Eagle Mines Ltd Com | COM | 008474108 |  | 440095 | 8465 | SH |  | SOLE | 0 | 8465 | 0 | 0 |
| Alphabet Inc. Class A | COM | 02079k305 |  | 318687 | 3612 | SH |  | SOLE | 0 | 3612 | 0 | 0 |
| Amtech Systems Inc. | COM | 032332504 |  | 219541 | 28887 | SH |  | SOLE | 0 | 28887 | 0 | 0 |
| Apple Computer | COM | 037833100 |  | 238551 | 1836 | SH |  | SOLE | 0 | 1836 | 0 | 0 |
| Arrow Electronics | COM | 042735100 |  | 2652941 | 25370 | SH |  | SOLE | 0 | 25370 | 0 | 0 |
| Artisan Partners Asset MGMT | COM | 04316a108 |  | 427591 | 14397 | SH |  | SOLE | 0 | 14397 | 0 | 0 |
| Aurinia Pharmaceuticals | COM | 05156v102 |  | 404603 | 93658 | SH |  | SOLE | 0 | 93658 | 0 | 0 |
| Auto Data Processing | COM | 053015103 |  | 1384910 | 5798 | SH |  | SOLE | 0 | 5798 | 0 | 0 |
| Avis Budget Group Inc | COM | 053774105 |  | 200650 | 1224 | SH |  | SOLE | 0 | 1224 | 0 | 0 |
| Azenta Inc. | COM | 114340102 |  | 206215 | 3542 | SH |  | SOLE | 0 | 3542 | 0 | 0 |
| Babcock  Wilcox Enterprises | COM | 05614L209 |  | 478858 | 82991 | SH |  | SOLE | 0 | 82991 | 0 | 0 |
| Banc of California Inc | COM | 05990k106 |  | 585236 | 36738 | SH |  | SOLE | 0 | 36738 | 0 | 0 |
| Bank Of America Corp | COM | 060505104 |  | 252076 | 7611 | SH |  | SOLE | 0 | 7611 | 0 | 0 |
| Bank Of Ny Mellon Cp New | COM | 064058100 |  | 220635 | 4847 | SH |  | SOLE | 0 | 4847 | 0 | 0 |
| Barnes Group Inc | COM | 067806109 |  | 754295 | 18465 | SH |  | SOLE | 0 | 18465 | 0 | 0 |
| Barrett Business Services Inc. | COM | 068463108 |  | 3563949 | 38207 | SH |  | SOLE | 0 | 38207 | 0 | 0 |
| Beacon Roofing Supply | COM | 073685109 |  | 1491159 | 28247 | SH |  | SOLE | 0 | 28247 | 0 | 0 |
| Belden Inc | COM | 077454106 |  | 1266734 | 17618 | SH |  | SOLE | 0 | 17618 | 0 | 0 |
| Berkshire Hath Cl B | COM | 084670702 |  | 210052 | 680 | SH |  | SOLE | 0 | 680 | 0 | 0 |
| Berkshire Hills Bancorp | COM | 084680107 |  | 502469 | 16805 | SH |  | SOLE | 0 | 16805 | 0 | 0 |
| Braemar Hotels Resorts | COM | 10482b101 |  | 1496344 | 364074 | SH |  | SOLE | 0 | 364074 | 0 | 0 |
| BridgeBio Pharma Inc. | COM | 10806x102 |  | 520012 | 68243 | SH |  | SOLE | 0 | 68243 | 0 | 0 |
| Bristol-Myers Squibb Co | COM | 110122108 |  | 448896 | 6239 | SH |  | SOLE | 0 | 6239 | 0 | 0 |
| CHR Hansen Holdings | COM | 12545m207 |  | 663930 | 37029 | SH |  | SOLE | 0 | 37029 | 0 | 0 |
| Cabot Corp | COM | 127055101 |  | 1209804 | 18100 | SH |  | SOLE | 0 | 18100 | 0 | 0 |
| Cadence Bank | COM | 12740C103 |  | 774620 | 31412 | SH |  | SOLE | 0 | 31412 | 0 | 0 |
| Calliditas Therapeutics AB | COM | 13124Q106 |  | 447253 | 26309 | SH |  | SOLE | 0 | 26309 | 0 | 0 |
| Car Guru Inc. | COM | 141788109 |  | 153452 | 10953 | SH |  | SOLE | 0 | 10953 | 0 | 0 |
| Cardiovascular Systems Inc. | COM | 141619106 |  | 589474 | 43280 | SH |  | SOLE | 0 | 43280 | 0 | 0 |
| Carters Inc | COM | 146229109 |  | 673206 | 9023 | SH |  | SOLE | 0 | 9023 | 0 | 0 |
| Caterpillar Inc | COM | 149123101 |  | 335384 | 1400 | SH |  | SOLE | 0 | 1400 | 0 | 0 |
| Checkpoint Therapeutics | COM | 162828206 |  | 64202 | 12564 | SH |  | SOLE | 0 | 12564 | 0 | 0 |
| Church  Dwight Co Inc | COM | 171340102 |  | 727022 | 9019 | SH |  | SOLE | 0 | 9019 | 0 | 0 |
| Cisco Systems Inc | COM | 17275R102 |  | 603348 | 12665 | SH |  | SOLE | 0 | 12665 | 0 | 0 |
| Citigroup Inc New | COM | 172967424 |  | 542036 | 11984 | SH |  | SOLE | 0 | 11984 | 0 | 0 |
| Coherent Corp | COM | 19247G107 |  | 476763 | 13583 | SH |  | SOLE | 0 | 13583 | 0 | 0 |
| Columbia Banking Systems | COM | 197236102 |  | 998629 | 33144 | SH |  | SOLE | 0 | 33144 | 0 | 0 |
| Commercial Vehicle Group | COM | 202608105 |  | 3149387 | 462465 | SH |  | SOLE | 0 | 462465 | 0 | 0 |
| Comtech Telecommunications | COM | 205826209 |  | 1030565 | 84890 | SH |  | SOLE | 0 | 84890 | 0 | 0 |
| Cracker Barrel | COM | 22410j106 |  | 724761 | 7650 | SH |  | SOLE | 0 | 7650 | 0 | 0 |
| Cytokinetics Inc | COM | 23282W605 |  | 3022608 | 65967 | SH |  | SOLE | 0 | 65967 | 0 | 0 |
| Danaher | COM | 235851102 |  | 1074951 | 4050 | SH |  | SOLE | 0 | 4050 | 0 | 0 |
| Darling Ingredients Inc. | COM | 237266101 |  | 3045316 | 48655 | SH |  | SOLE | 0 | 48655 | 0 | 0 |
| Deere  Co | COM | 244199105 |  | 472494 | 1102 | SH |  | SOLE | 0 | 1102 | 0 | 0 |
| Denali Therapeutics | COM | 24823r105 |  | 532534 | 19149 | SH |  | SOLE | 0 | 19149 | 0 | 0 |
| Duluth Holdings Inc | COM | 26443v101 |  | 247373 | 40028 | SH |  | SOLE | 0 | 40028 | 0 | 0 |
| Durect Corp | COM | 266605500 |  | 288488 | 83378 | SH |  | SOLE | 0 | 83378 | 0 | 0 |
| Dycom Industries Inc | COM | 267475101 |  | 1546834 | 16526 | SH |  | SOLE | 0 | 16526 | 0 | 0 |
| Edgio Inc. | COM | 53261M104 |  | 276716 | 244881 | SH |  | SOLE | 0 | 244881 | 0 | 0 |
| Embecta Corp. | COM | 29082K105 |  | 600460 | 23743 | SH |  | SOLE | 0 | 23743 | 0 | 0 |
| Emerson Electric Company | COM | 291011104 |  | 312195 | 3250 | SH |  | SOLE | 0 | 3250 | 0 | 0 |
| Enovis Corporation | COM | 194014502 |  | 377048 | 7045 | SH |  | SOLE | 0 | 7045 | 0 | 0 |
| Everbridge | COM | 29978a104 |  | 475321 | 16069 | SH |  | SOLE | 0 | 16069 | 0 | 0 |
| Extreme Networks Inc. | COM | 30226d106 |  | 2254986 | 123156 | SH |  | SOLE | 0 | 123156 | 0 | 0 |
| Fairfax India Holdings | COM | 303897102 |  | 159331 | 12996 | SH |  | SOLE | 0 | 12996 | 0 | 0 |
| Fastenal Co Com | COM | 311900104 |  | 781017 | 16505 | SH |  | SOLE | 0 | 16505 | 0 | 0 |
| Fifth Third Bancorp Com | COM | 316773100 |  | 758502 | 23118 | SH |  | SOLE | 0 | 23118 | 0 | 0 |
| Fluor | COM | 343412102 |  | 296586 | 8557 | SH |  | SOLE | 0 | 8557 | 0 | 0 |
| Franco-Nevada | COM | 351858105 |  | 1064817 | 7802 | SH |  | SOLE | 0 | 7802 | 0 | 0 |
| Freshpet Inc. | COM | 358039105 |  | 1986685 | 37648 | SH |  | SOLE | 0 | 37648 | 0 | 0 |
| General Electric Company | COM | 369604301 |  | 232772 | 2778 | SH |  | SOLE | 0 | 2778 | 0 | 0 |
| General Mtrs Corp | COM | 37045v100 |  | 797268 | 23700 | SH |  | SOLE | 0 | 23700 | 0 | 0 |
| Geospace Technologies | COM | 37364x109 |  | 157777 | 37388 | SH |  | SOLE | 0 | 37388 | 0 | 0 |
| Goldman Sachs Group | COM | 38141G104 |  | 702899 | 2047 | SH |  | SOLE | 0 | 2047 | 0 | 0 |
| Griffon Corp | COM | 398433102 |  | 1823322 | 50945 | SH |  | SOLE | 0 | 50945 | 0 | 0 |
| Group 1 Automotive | COM | 398905109 |  | 4120553 | 22845 | SH |  | SOLE | 0 | 22845 | 0 | 0 |
| HP Inc. | COM | 40434l105 |  | 345924 | 12874 | SH |  | SOLE | 0 | 12874 | 0 | 0 |
| Hancock Whitney Corp | COM | 410120109 |  | 216110 | 4466 | SH |  | SOLE | 0 | 4466 | 0 | 0 |
| Hanover Insurance Group | COM | 410867105 |  | 1498862 | 11092 | SH |  | SOLE | 0 | 11092 | 0 | 0 |
| Hewlett Packard Enterprise Co. | COM | 42824c109 |  | 193499 | 12124 | SH |  | SOLE | 0 | 12124 | 0 | 0 |
| Hudbay Minerals | COM | 443628102 |  | 115910 | 22862 | SH |  | SOLE | 0 | 22862 | 0 | 0 |
| Illumina Inc Com | COM | 452327109 |  | 258007 | 1276 | SH |  | SOLE | 0 | 1276 | 0 | 0 |
| Immunogen Inc. | COM | 45253H101 |  | 986212 | 198833 | SH |  | SOLE | 0 | 198833 | 0 | 0 |
| Impinj Inc. | COM | 453204109 |  | 2954629 | 27062 | SH |  | SOLE | 0 | 27062 | 0 | 0 |
| Intel Corp | COM | 458140100 |  | 273630 | 10353 | SH |  | SOLE | 0 | 10353 | 0 | 0 |
| Intl Business Machines | COM | 459200101 |  | 907895 | 6444 | SH |  | SOLE | 0 | 6444 | 0 | 0 |
| Invacare Corp. | COM | 461203101 |  | 18577 | 44230 | SH |  | SOLE | 0 | 44230 | 0 | 0 |
| Ishares Russell 2000 | COM | 464287655 |  | 1283813 | 7363 | SH |  | SOLE | 0 | 7363 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 435972 | 2468 | SH |  | SOLE | 0 | 2468 | 0 | 0 |
| Jpmorgan Chase  Co | COM | 46625H100 |  | 984026 | 7338 | SH |  | SOLE | 0 | 7338 | 0 | 0 |
| Karora Resources Inc. | COM | 48575L206 |  | 124396 | 36248 | SH |  | SOLE | 0 | 36248 | 0 | 0 |
| Kezar Life Sciences Inc. | COM | 49372l100 |  | 204716 | 29079 | SH |  | SOLE | 0 | 29079 | 0 | 0 |
| Kohls | COM | 500255104 |  | 1912687 | 75750 | SH |  | SOLE | 0 | 75750 | 0 | 0 |
| Koppers Holdings Inc. | COM | 50060p106 |  | 2708779 | 96056 | SH |  | SOLE | 0 | 96056 | 0 | 0 |
| LSB Industries | COM | 502160104 |  | 608967 | 45787 | SH |  | SOLE | 0 | 45787 | 0 | 0 |
| LivePerson | COM | 538146101 |  | 282156 | 27826 | SH |  | SOLE | 0 | 27826 | 0 | 0 |
| MYR Group | COM | 55405w104 |  | 1822157 | 19791 | SH |  | SOLE | 0 | 19791 | 0 | 0 |
| Manitex International | COM | 563420108 |  | 344588 | 86147 | SH |  | SOLE | 0 | 86147 | 0 | 0 |
| Marqeta Inc. | COM | 57142B104 |  | 161377 | 26412 | SH |  | SOLE | 0 | 26412 | 0 | 0 |
| Mccormick  Co Inc Com Non Vtg | COM | 579780206 |  | 797485 | 9621 | SH |  | SOLE | 0 | 9621 | 0 | 0 |
| Mckesson Corporation | COM | 58155Q103 |  | 1586007 | 4228 | SH |  | SOLE | 0 | 4228 | 0 | 0 |
| Merck  Co Inc New | COM | 58933y105 |  | 407297 | 3671 | SH |  | SOLE | 0 | 3671 | 0 | 0 |
| Mercury Systems | COM | 589378108 |  | 1816041 | 40591 | SH |  | SOLE | 0 | 40591 | 0 | 0 |
| Methode Electronics Inc. | COM | 591520200 |  | 1991636 | 44887 | SH |  | SOLE | 0 | 44887 | 0 | 0 |
| Microsoft Corp | COM | 594918104 |  | 1429929 | 5963 | SH |  | SOLE | 0 | 5963 | 0 | 0 |
| Msci Eafe | COM | 464287465 |  | 5037148 | 76739 | SH |  | SOLE | 0 | 76739 | 0 | 0 |
| N C R Corp New | COM | 62886e108 |  | 1218373 | 52045 | SH |  | SOLE | 0 | 52045 | 0 | 0 |
| Newpark Resources Inc | COM | 651718504 |  | 227793 | 54890 | SH |  | SOLE | 0 | 54890 | 0 | 0 |
| Northern Oil and Gas Inc. | COM | 665531307 |  | 207727 | 6740 | SH |  | SOLE | 0 | 6740 | 0 | 0 |
| Northfield Bancorp | COM | 66611t108 |  | 255266 | 16228 | SH |  | SOLE | 0 | 16228 | 0 | 0 |
| Novo-Nordisk A/S | COM | 670100205 |  | 1438935 | 10632 | SH |  | SOLE | 0 | 10632 | 0 | 0 |
| Old Republic Intl Corp | COM | 680223104 |  | 667409 | 27636 | SH |  | SOLE | 0 | 27636 | 0 | 0 |
| Otis Worldwide Corp | COM | 68902v107 |  | 1050215 | 13411 | SH |  | SOLE | 0 | 13411 | 0 | 0 |
| Pegasystems Inc | COM | 705573103 |  | 1579902 | 46142 | SH |  | SOLE | 0 | 46142 | 0 | 0 |
| Pepsico Incorporated | COM | 713448108 |  | 577028 | 3194 | SH |  | SOLE | 0 | 3194 | 0 | 0 |
| Perficient Inc | COM | 71375U101 |  | 3601063 | 51569 | SH |  | SOLE | 0 | 51569 | 0 | 0 |
| Pfizer Incorporated | COM | 717081103 |  | 1078346 | 21045 | SH |  | SOLE | 0 | 21045 | 0 | 0 |
| Pinnacle Financial Partners I | COM | 72346q104 |  | 1110322 | 15127 | SH |  | SOLE | 0 | 15127 | 0 | 0 |
| Pitney Bowes Inc | COM | 724479100 |  | 169146 | 44512 | SH |  | SOLE | 0 | 44512 | 0 | 0 |
| Progressive Corp Ohio | COM | 743315103 |  | 1041960 | 8033 | SH |  | SOLE | 0 | 8033 | 0 | 0 |
| Purple Innovation | COM | 74640y106 |  | 130480 | 27240 | SH |  | SOLE | 0 | 27240 | 0 | 0 |
| Qorvo Inc. | COM | 74736k101 |  | 727477 | 8026 | SH |  | SOLE | 0 | 8026 | 0 | 0 |
| Quanterix Corp | COM | 74766Q101 |  | 156519 | 11301 | SH |  | SOLE | 0 | 11301 | 0 | 0 |
| Ribbon Communications | COM | 762544104 |  | 50371 | 18054 | SH |  | SOLE | 0 | 18054 | 0 | 0 |
| Rolls Royce ADR | COM | 775781206 |  | 13867 | 12960 | SH |  | SOLE | 0 | 12960 | 0 | 0 |
| S Global Inc. | COM | 78409V104 |  | 308480 | 921 | SH |  | SOLE | 0 | 921 | 0 | 0 |
| SPS Commerce | COM | 78463m107 |  | 1640822 | 12776 | SH |  | SOLE | 0 | 12776 | 0 | 0 |
| Salesforce.com Inc | COM | 79466l302 |  | 864354 | 6519 | SH |  | SOLE | 0 | 6519 | 0 | 0 |
| Schwab Emerging Mrkets Equity | COM | 808524706 |  | 243564 | 10290 | SH |  | SOLE | 0 | 10290 | 0 | 0 |
| Selecta Biosciences Inc | COM | 816212104 |  | 200216 | 177182 | SH |  | SOLE | 0 | 177182 | 0 | 0 |
| Seres Therapeutics | COM | 81750r102 |  | 88659 | 15832 | SH |  | SOLE | 0 | 15832 | 0 | 0 |
| Sm Energy Company | COM | 78454l100 |  | 243462 | 6990 | SH |  | SOLE | 0 | 6990 | 0 | 0 |
| Smartsheet Inc Class A | COM | 83200n103 |  | 476177 | 12098 | SH |  | SOLE | 0 | 12098 | 0 | 0 |
| Smile Direct Club | COM | 83192h106 |  | 19417 | 55131 | SH |  | SOLE | 0 | 55131 | 0 | 0 |
| Snowflake Inc. | COM | 833445109 |  | 365740 | 2548 | SH |  | SOLE | 0 | 2548 | 0 | 0 |
| Southwestern Energy Co | COM | 845467109 |  | 137914 | 23575 | SH |  | SOLE | 0 | 23575 | 0 | 0 |
| Spirit Airlines Inc. | COM | 848577102 |  | 572751 | 29402 | SH |  | SOLE | 0 | 29402 | 0 | 0 |
| Steven Madden Ltd | COM | 556269108 |  | 1240527 | 38815 | SH |  | SOLE | 0 | 38815 | 0 | 0 |
| Sunopta Inc F | COM | 8676EP108 |  | 1239878 | 146905 | SH |  | SOLE | 0 | 146905 | 0 | 0 |
| Super Micro Computer Inc | COM | 86800u104 |  | 4195967 | 51108 | SH |  | SOLE | 0 | 51108 | 0 | 0 |
| TRI Pointe Group Inc. | COM | 87265h109 |  | 486184 | 26153 | SH |  | SOLE | 0 | 26153 | 0 | 0 |
| TTEC Holdings Inc | COM | 89854h102 |  | 1291464 | 29265 | SH |  | SOLE | 0 | 29265 | 0 | 0 |
| Teledyne Tech Inc | COM | 879360105 |  | 1220925 | 3053 | SH |  | SOLE | 0 | 3053 | 0 | 0 |
| Tempur Sealy International Inc | COM | 88023U101 |  | 1976275 | 57567 | SH |  | SOLE | 0 | 57567 | 0 | 0 |
| Tennant Co | COM | 880345103 |  | 416521 | 6765 | SH |  | SOLE | 0 | 6765 | 0 | 0 |
| Topgolf Callaway Brands | COM | 131193104 |  | 936130 | 47399 | SH |  | SOLE | 0 | 47399 | 0 | 0 |
| TriCo Bancshares | COM | 896095106 |  | 842814 | 16529 | SH |  | SOLE | 0 | 16529 | 0 | 0 |
| Ttm Technologies Inc | COM | 87305r109 |  | 2771991 | 183819 | SH |  | SOLE | 0 | 183819 | 0 | 0 |
| Tutor Perini Corp | COM | 901109108 |  | 471777 | 62487 | SH |  | SOLE | 0 | 62487 | 0 | 0 |
| UFP Industries | COM | 90278q108 |  | 1307387 | 16497 | SH |  | SOLE | 0 | 16497 | 0 | 0 |
| Unisys Corp | COM | 909214306 |  | 156765 | 30678 | SH |  | SOLE | 0 | 30678 | 0 | 0 |
| United Natural Foods | COM | 911163103 |  | 653928 | 16893 | SH |  | SOLE | 0 | 16893 | 0 | 0 |
| Vanguard FTSE Emerging Markets | COM | 922042858 |  | 1438791 | 36911 | SH |  | SOLE | 0 | 36911 | 0 | 0 |
| Vanguard Total Bond Market ETF | COM | 921937835 |  | 453598 | 6314 | SH |  | SOLE | 0 | 6314 | 0 | 0 |
| Vanguard Total Stock Market ET | COM | 922908769 |  | 5274359 | 27587 | SH |  | SOLE | 0 | 27587 | 0 | 0 |
| Vicor Corp | COM | 925815102 |  | 1816159 | 33789 | SH |  | SOLE | 0 | 33789 | 0 | 0 |
| Visa Cl A | COM | 92826C839 |  | 780762 | 3758 | SH |  | SOLE | 0 | 3758 | 0 | 0 |
| WSFS Financial Corp | COM | 929328102 |  | 593727 | 13095 | SH |  | SOLE | 0 | 13095 | 0 | 0 |
| Watts Water Tech Inc A Class A | COM | 942749102 |  | 1196308 | 8181 | SH |  | SOLE | 0 | 8181 | 0 | 0 |
| Williams Sonoma | COM | 969904101 |  | 677913 | 5899 | SH |  | SOLE | 0 | 5899 | 0 | 0 |
| Workday | COM | 98138h101 |  | 485759 | 2903 | SH |  | SOLE | 0 | 2903 | 0 | 0 |
| Zeta Global Holdings Corp. | COM | 98956A105 |  | 591181 | 72360 | SH |  | SOLE | 0 | 72360 | 0 | 0 |
| Zoetis Inc. | COM | 98978v103 |  | 1314993 | 8973 | SH |  | SOLE | 0 | 8973 | 0 | 0 |
| Zscaler Inc. | COM | 98980g102 |  | 487884 | 4360 | SH |  | SOLE | 0 | 4360 | 0 | 0 |
| iShares Russell 3000 ETF | COM | 464287689 |  | 1773605 | 8037 | SH |  | SOLE | 0 | 8037 | 0 | 0 |
| American Funds New Perspective | COM | 648018109 |  | 243263 | 5142 | SH |  | SOLE | 0 | 5142 | 0 | 0 |
| Fidelity Total Market Index Fu | COM | 315911693 |  | 1386868 | 13086 | SH |  | SOLE | 0 | 13086 | 0 | 0 |
| Legg Mason WA US TSY Res Inst | COM | 52470G841 |  | 595293 | 595293 | SH |  | SOLE | 0 | 595293 | 0 | 0 |
| Vanguard Developed Markets Ind | COM | 921943809 |  | 411197 | 30414 | SH |  | SOLE | 0 | 30414 | 0 | 0 |

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