Global Alpha Capital Management Ltd.

Q4 2025 13F-HR Holdings

Location
Montreal, A8
Holdings as of
12/31/2025
Date filed
2/11/2026
Form type
13F-HR
Num holdings
56
Total value ($000)
$1,639,236
Net value change ($000)
-110,325 (-6.3%)
New positions
9
Sold out positions
9
Turnover %
18.4%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/13/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
BGSI 50,938 NEW
COLD 31,018 5808.6%
CAE 21,923 NEW
ORA 21,479 12.8%
KWR 21,132 NEW
REZI 20,924 NEW
CVLT 17,663 NEW
AA 13,377 31.4%
GPOR 10,548 35.9%
ATNI 9,877 42.3%
Top Reduces (Value $000, Stocks/ETFs)
SCZ -68,557 -100.0%
CW -46,420 -100.0%
VTY -37,272 -100.0%
CWST -22,301 -41.0%
RDNT -18,726 -35.0%
ACIW -17,666 -35.8%
FPI -17,089 -54.1%
GENI -15,499 -26.4%
GXO -15,137 -24.7%
EVR -14,080 -25.7%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type