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Portfolio (Quarterly) Guide ↗

Ativo Capital Management LLC

· CIK 0001423065
13F Portfolio $114M AUM 55 positions Filed Feb 2, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 55 New
Page 2 of 3  ·  55 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 NVS Novartis AG Sp ADR Healthcare 12,644.0 $1.7M 1.53% NEW $137.87 +9.9%
22 HMY Harmony Gold Mining Co Ltd Sp Basic Materials 86,420.0 $1.7M 1.51% NEW $19.90 -14.6%
23 Nordea Bank Abp MTN Sp ADS 89,587.0 $1.7M 1.49% NEW $18.93
24 RY Royal Bank of Canada Montreal Financial Services 9,942.0 $1.7M 1.49% NEW $170.48 +10.5%
25 Abb Ltd Sp Adr 22,645.0 $1.7M 1.47% NEW $73.97
26 WF Woori Financial Group Inc Sp A Financial Services 27,547.0 $1.6M 1.42% NEW $58.79 +4.3%
27 Ageas Sp ADR Ne 23,016.0 $1.6M 1.42% NEW $70.31
28 E ENI SPA Sp ADR Energy 42,509.0 $1.6M 1.41% NEW $37.94 +45.9%
29 Tesco Plc Sp Adr 88,482.0 $1.6M 1.40% NEW $17.99
30 Wh Group Ltd Sp Adr 71,650.0 $1.6M 1.40% NEW $22.20
31 Assicurazioni Generali Spa Uns 75,682.0 $1.6M 1.39% NEW $20.93
32 Fujitsu Ltd Unsponsored Adr 57,989.0 $1.6M 1.39% NEW $27.26
33 Credit Agricole SA ADR 154,429.0 $1.6M 1.39% NEW $10.23
34 SBS Companhia de Saneamento Basico Utilities 65,412.0 $1.6M 1.37% NEW $23.85 -76.1%
35 AXA SA Sp ADR 32,068.0 $1.5M 1.35% NEW $47.99
36 Prosus NV Sp ADR 123,614.0 $1.5M 1.34% NEW $12.36
37 Advantest Corp Sp ADR 11,900.0 $1.5M 1.32% NEW $126.32
38 IX ORIX Corp Sp ADR Financial Services 51,158.0 $1.5M 1.31% NEW $29.22 +33.4%
39 ASR Grupo Aeroportuario Del Surest Industrials 4,521.0 $1.5M 1.28% NEW $323.42 -4.7%
40 Komatsu Ltd Sp Adr New 45,750.0 $1.5M 1.27% NEW $31.75
Page 2 of 3  ·  55 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 28.2%
Financial Services 22.7%
Industrials 14.6%
Consumer Cyclical 12.5%
Basic Materials 9.7%
Utilities 4.2%
Consumer Defensive 2.8%
Healthcare 2.7%
Energy 2.5%