Exploring the Strategic Moves of Keeley-Teton Advisors, LLC (Trades, Portfolio) in Q4 2024

Keeley-Teton Advisors, LLC (Trades, Portfolio) recently submitted their 13F filing for the fourth quarter of 2024, offering a glimpse into their strategic investment decisions during this period. Since their inception, both Teton Advisors, Inc. and Keeley Teton Advisors, LLC have been at the forefront of small, mid, and micro-cap, active, value investing. Their approach is rooted in disciplined bottom-up, fundamental analysis, seeking out equities that are inefficiently priced. The acquisition of Keeley Asset Management Corp. by Teton in March 2017 merged two established asset managers, enhancing their operational infrastructure and expanding their research capabilities. This synergy has allowed them to better serve both institutional and retail clients through improved communication and outreach.

Summary of New Buy

Keeley-Teton Advisors, LLC (Trades, Portfolio) added a total of 12 stocks to their portfolio. The most significant addition was Primo Brands Corp (PRMB, Financial), with 128,569 shares, accounting for 0.46% of the portfolio and valued at $3.96 million. The second largest addition was Douglas Dynamics Inc (PLOW, Financial), consisting of 95,352 shares, representing approximately 0.26% of the portfolio, with a total value of $2.25 million. The third largest addition was JPMorgan Ultra-Short Income ETF (JPST, Financial), with 42,430 shares, accounting for 0.25% of the portfolio and a total value of $2.14 million.

Key Position Increases

Keeley-Teton Advisors, LLC (Trades, Portfolio) also increased stakes in a total of 66 stocks. The most notable increase was in MDU Resources Group Inc (MDU, Financial), with an additional 287,262 shares, bringing the total to 420,741 shares. This adjustment represents a significant 215.21% increase in share count, a 0.6% impact on the current portfolio, with a total value of $7.58 million. The second largest increase was in Perrigo Co PLC (PRGO, Financial), with an additional 145,383 shares, bringing the total to 372,328. This adjustment represents a 64.06% increase in share count, with a total value of $9.57 million.

Summary of Sold Out

Keeley-Teton Advisors, LLC (Trades, Portfolio) completely exited 18 holdings in the fourth quarter of 2024. Notably, they sold all 329,929 shares of Outfront Media Inc (OUT, Financial), resulting in a -0.69% impact on the portfolio. Additionally, they liquidated all 133,818 shares of Primo Water Corp (PRMW, Financial), causing a -0.37% impact on the portfolio.

Key Position Reduces

Keeley-Teton Advisors, LLC (Trades, Portfolio) also reduced positions in 254 stocks. Significant changes include a reduction in Primoris Services Corp (PRIM, Financial) by 60,800 shares, resulting in a -37.36% decrease in shares and a -0.39% impact on the portfolio. The stock traded at an average price of $73.31 during the quarter and has returned -5.76% over the past 3 months and -2.41% year-to-date. Additionally, they reduced VSE Corp (VSEC, Financial) by 30,391 shares, resulting in a -58.92% reduction in shares and a -0.28% impact on the portfolio. The stock traded at an average price of $105.74 during the quarter and has returned -23.20% over the past 3 months and -2.00% year-to-date.

Portfolio Overview

As of the fourth quarter of 2024, Keeley-Teton Advisors, LLC (Trades, Portfolio)'s portfolio included 371 stocks. The top holdings included 5.32% in iShares Core S&P 500 ETF (IVV, Financial), 1.83% in Vanguard Total Stock Market ETF (VTI, Financial), 1.27% in TechnipFMC PLC (FTI, Financial), 1.18% in Ensign Group Inc (ENSG, Financial), and 1.12% in Columbia Banking System Inc (COLB, Financial).

The holdings are mainly concentrated in all 11 industries: Industrials, Financial Services, Consumer Cyclical, Technology, Real Estate, Energy, Healthcare, Basic Materials, Consumer Defensive, Utilities, and Communication Services.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.