First Wilshire Securities Management Inc 13F annual report
First Wilshire Securities Management Inc is an investment fund managing more than $342 million ran by Howard Lu. There are currently 74 companies in Mr. Lu’s portfolio. The largest investments include Liberty Global Ltd and EZCorp, together worth $66.3 million.
$342 million Assets Under Management (AUM)
As of 8th May 2024, First Wilshire Securities Management Inc’s top holding is 2,259,190 shares of Liberty Global Ltd currently worth over $38.6 million and making up 11.3% of the portfolio value.
Relative to the number of outstanding shares of Liberty Global Ltd, First Wilshire Securities Management Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 2,446,589 shares of EZCorp worth $27.7 million, whose value grew 20.1% in the past six months.
The third-largest holding is Ishares Tr worth $26 million and the next is Matrix Svc Co worth $25.4 million, with 1,950,639 shares owned.
Currently, First Wilshire Securities Management Inc's portfolio is worth at least $342 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at First Wilshire Securities Management Inc
The First Wilshire Securities Management Inc office and employees reside in Pasadena, California. According to the last 13-F report filed with the SEC, Howard Lu serves as the Chief Executive Officer at First Wilshire Securities Management Inc.
Recent trades
In the most recent 13F filing, First Wilshire Securities Management Inc revealed that it had opened a new position in
Liberty Global Ltd and bought 2,259,190 shares worth $38.6 million.
This means they effectively own approximately 0.1% of the company.
Liberty Global Ltd makes up
87.2%
of the fund's Communication Services sector allocation and has decreased its share price by 3.2% in the past year.
The investment fund also strengthened its position in SIGA Technologies Inc by buying
1,219,368 additional shares.
This makes their stake in SIGA Technologies Inc total 2,654,255 shares worth $22.7 million.
SIGA Technologies Inc soared 35.3% in the past year.
On the other hand, there are companies that First Wilshire Securities Management Inc is getting rid of from its portfolio.
First Wilshire Securities Management Inc closed its position in Liberty Global Plc Shs on 15th May 2024.
It sold the previously owned 1,909,548 shares for $33.7 million.
Howard Lu also disclosed a decreased stake in EZCorp by approximately 0.1%.
This leaves the value of the investment at $27.7 million and 2,446,589 shares.
One of the smallest hedge funds
The two most similar investment funds to First Wilshire Securities Management Inc are Hawsgoodwin Investment Management and Wolff Management. They manage $342 million and $342 million respectively.
Howard Lu investment strategy
First Wilshire Securities Management Inc’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Finance — making up 13.3% of
the total portfolio value.
The fund focuses on investments in the United States as
40.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
19% of the total holdings value.
On the other hand, small-cap stocks make up only 2.7% of the portfolio.
The average market cap of the portfolio companies is close to $195 billion.
The complete list of First Wilshire Securities Management Inc trades based on 13F SEC filings
These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Liberty Global Ltd |
Opened
2,259,190
|
$38,570,000 | 11.28% |
| Liberty Global Plc Shs |
Closed
1,909,548
|
$33,710,000 | |
| EZCorp, Inc. |
7.31%
2,446,589
|
$27,720,000 | 8.11% |
| Ishares Tr |
Opened
257,394
|
$25,972,000 | 7.60% |
| Matrix Svc Co |
14.95%
1,950,639
|
$25,417,000 | 7.43% |
| SIGA Technologies Inc |
84.98%
2,654,255
|
$22,720,000 | 6.65% |
| Spdr Ser Tr |
418.83%
224,963
|
$20,652,000 | 6.04% |
| Sandridge Energy Inc |
3.38%
1,311,613
|
$19,110,000 | 5.59% |
| Vistra Corp |
Closed
594,602
|
$15,608,000 | |
| Limoneira Co |
11.66%
699,261
|
$13,678,000 | 4.00% |
| Ecovyst Inc |
57.16%
1,075,195
|
$11,988,000 | 3.51% |
| Northwest Pipe Co. |
7.18%
296,393
|
$10,279,000 | 3.01% |
| Ceragon Networks Ltd |
18.68%
3,018,748
|
$9,660,000 | 2.83% |
| AXT Inc |
3.89%
2,047,719
|
$9,399,000 | 2.75% |
| Silicom Ltd |
15.51%
509,336
|
$7,564,000 | 2.21% |
| Berkshire Hathaway Inc. |
1.13%
17,938
|
$7,543,000 | 2.21% |
| Gulf Is Fabrication Inc |
5.44%
998,919
|
$7,342,000 | 2.15% |
| Superior Group Of Co Inc |
57.50%
373,769
|
$6,175,000 | 1.81% |
| Federal Agric Mtg Corp |
38.59%
28,780
|
$5,666,000 | 1.66% |
| Manitex International Inc |
23.00%
817,246
|
$5,606,000 | 1.64% |
| Tutor Perini Corp |
5.71%
293,342
|
$4,242,000 | 1.24% |
| Gilat Satellite Networks |
299.04%
777,769
|
$4,223,000 | 1.24% |
| East West Bancorp, Inc. |
31.86%
51,683
|
$4,089,000 | 1.20% |
| Richardson Electrs Ltd |
6.93%
426,620
|
$3,929,000 | 1.15% |
| Crawford & Company |
40.98%
577,551
|
$5,387,000 | 1.58% |
| Luxfer Hldgs Plc |
38.87%
374,486
|
$3,883,000 | 1.14% |
| Huntsman Corp |
Closed
142,940
|
$3,862,000 | |
| Ribbon Communications Inc |
35.04%
1,174,355
|
$3,758,000 | 1.10% |
| Andersons Inc. |
34.02%
62,946
|
$3,611,000 | 1.06% |
| Jefferies Finl Group Inc |
55.03%
70,400
|
$3,105,000 | 0.91% |
| ANI Pharmaceuticals Inc |
Closed
56,244
|
$3,028,000 | |
| Liberty Media Corp. |
Opened
64,779
|
$1,924,000 | 0.56% |
| Microsoft Corporation |
No change
4,000
|
$1,683,000 | 0.49% |
| Fgi Industries Ltd |
5.34%
869,186
|
$1,295,000 | 0.38% |
| Schwab Strategic Tr |
No change
14,625
|
$1,179,000 | 0.34% |
| Bank America Corp |
6.80%
30,562
|
$1,159,000 | 0.34% |
| Select Sector Spdr Tr |
3.04%
21,698
|
$2,392,000 | 0.70% |
| Camtek Ltd |
82.71%
12,281
|
$1,029,000 | 0.30% |
| Invesco Actively Managed Etf |
Closed
20,141
|
$1,000,000 | |
| Marathon Pete Corp |
No change
4,786
|
$964,000 | 0.28% |
| Adams Res & Energy Inc |
No change
31,962
|
$927,000 | 0.27% |
| Terran Orbital Corporation |
Opened
694,133
|
$909,000 | 0.27% |
| Tetra Tech, Inc. |
No change
4,800
|
$887,000 | 0.26% |
| Vanguard World Fd |
No change
3,050
|
$825,000 | 0.24% |
| Vitesse Energy Inc |
4.54%
32,726
|
$777,000 | 0.23% |
| Vanguard Index Fds S&p 500 Etf |
No change
1,533
|
$737,000 | 0.22% |
| Ishares Tr |
29.90%
21,964
|
$1,758,000 | 0.51% |
| Check Point Software Tech Lt |
No change
4,303
|
$706,000 | 0.21% |
| Amazon |
42.30%
3,911
|
$705,000 | 0.21% |
| Commercial Metals Co. |
No change
11,500
|
$676,000 | 0.20% |
| Shell Plc |
2.08%
9,365
|
$628,000 | 0.18% |
| Jacobs Solutions Inc |
No change
4,025
|
$619,000 | 0.18% |
| General Electric Co |
3.13%
3,463
|
$608,000 | 0.18% |
| Alphabet Inc Cap Stk |
14.87%
4,003
|
$604,000 | 0.18% |
| Customers Bancorp Inc |
No change
9,900
|
$525,000 | 0.15% |
| Home Depot, Inc. |
No change
1,325
|
$508,000 | 0.15% |
| Abbott Labs |
0.87%
4,000
|
$455,000 | 0.13% |
| Proshares Tr |
No change
13,680
|
$451,000 | 0.13% |
| Landstar Sys Inc |
No change
2,300
|
$443,000 | 0.13% |
| Liberty Media Corp. |
Closed
13,193
|
$432,000 | |
| Cisco Sys Inc |
No change
7,950
|
$397,000 | 0.12% |
| CVS Health Corp |
No change
4,607
|
$367,000 | 0.11% |
| Ishares U S Etf Tr |
7.91%
6,987
|
$352,000 | 0.10% |
| Johnson & Johnson |
12.01%
2,197
|
$348,000 | 0.10% |
| Wisdomtree Tr |
85.88%
15,242
|
$337,000 | 0.10% |
| Procter And Gamble Co |
No change
2,000
|
$325,000 | 0.10% |
| Vanguard Whitehall Fds |
No change
2,600
|
$315,000 | 0.09% |
| Quest Diagnostics, Inc. |
No change
2,350
|
$313,000 | 0.09% |
| Apple Inc |
4.67%
1,754
|
$301,000 | 0.09% |
| Merck & Co Inc |
No change
2,131
|
$281,000 | 0.08% |
| Chevron Corp. |
No change
1,650
|
$260,000 | 0.08% |
| Vaneck Etf Tru |
No change
14,000
|
$248,000 | 0.07% |
| Select Sector Spdr Tr |
Opened
3,000
|
$245,000 | 0.07% |
| JPMorgan Chase & Co. |
29.32%
1,215
|
$243,000 | 0.07% |
| Pfizer Inc. |
14.32%
8,378
|
$232,000 | 0.07% |
| Verizon Communications Inc |
Closed
6,054
|
$225,000 | |
| Alibaba Group Hldg Ltd |
Opened
2,890
|
$209,000 | 0.06% |
| Daktronics Inc. |
No change
17,100
|
$170,000 | 0.05% |
| China Fd Inc |
14.83%
16,674
|
$167,000 | 0.05% |
| Blackrock Cr Allocation Inco |
Closed
10,272
|
$104,000 | |
| Origin Agritech Limited |
No change
19,500
|
$79,000 | 0.02% |
| Bm Technologies Inc Cl A |
Closed
22,302
|
$66,000 | |
| PAVmed Inc. |
Closed
100,000
|
$41,000 | |
| Soligenix Inc |
No change
23,334
|
$14,000 | 0.00% |
| Lottery |
Closed
63,636
|
$13,000 | |
| No transactions found | |||
| Showing first 500 out of 85 holdings | |||
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