PERRITT CAPITAL MANAGEMENT INC — 13F Holdings & Portfolio
CIK 1279342 · latest 13F-HR filed 2026-02-17
PERRITT CAPITAL MANAGEMENT INC manages $59.8M in 13F-reported U.S. long-equity assets across 79 reported positions as of its 2025-12-31 13F-HR filing. Its largest disclosed positions are BELFB (3.99%), ASM (3.63%), PESI (3.50%). Quarter over quarter (versus its 2025-09-30 filing) the fund opened 2 new positions and exited 236; 39 existing positions rose in reported value and 26 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-02-17
vs 2025-09-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q4 25Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q3 25 → Q4 25Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
2 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 31.4%Cumulative share of the portfolio held in the largest N positions.
SUITE 600
CHICAGO, IL 60606-6703
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| BUH, MARK, J Control | CHIEF FINANCIAL OFFICER AND VICE PRESIDENT | Less than 5% | Individual |
| CORBETT, MICHAEL, JAMES Control | PRESIDENT | Less than 5% | Individual |
| CORBETT, MICHAEL, JAMES Control | PRESIDENT AND CHAIRMAN | 50–75% | Individual |
| INVESTMENT INFORMATION SERVICES Control | OWNER | 75% or more | Domestic Entity |
| BURMEISTER, LYNN, EVA | CHIEF COMPLIANCE OFFICER | Less than 5% | Individual |
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- PHOTRONICS INC$419.0K +39.4%
- BEL FUSE INC$387.6K +19.4%
- PERMA-FIX ENVIRONMENTAL SERVICES INC.$323.2K +18.3%
- ENDEAVOUR SILVER CORP$307.9K +18.9%
- PAYSIGN INC$286.2K +227.5%
Top Trims
- LEGACY HOUSING CORP-$600.2K -30.0%
- FLEXIBLE SOLUTIONS INTL INC-$309.6K -29.8%
- ARQ INC-$291.8K -54.3%
- RESEARCH SOLUTIONS INC-$281.9K -21.2%
- LSI INDS INC OHIO-$279.6K -22.4%
Exited Positions
- ISHARES CORE DIVIDEND GROWTH ETF$11.5M
- STATE STREET SPDR S&P 600 SMALL CAP VALUE ETF$11.2M
- VANGUARD INTERNATIONAL DIVIDEND APPRECIATION ETF$10.4M
- SPDR S&P 500 ETF$10.4M
- DIMENSIONAL ETF TRUST$9.4M
PERRITT CAPITAL MANAGEMENT INC Holdings (2025-12-31)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | BEL FUSE INC | BELFB | 077347300 | $2.4M | 3.99% | 14,051 | SH |
| 2 | AVINO SILVER & GOLD MINES LTD | ASM | 053906103 | $2.2M | 3.63% | 350,000 | SH |
| 3 | PERMA-FIX ENVIRONMENTAL SERVICES INC. | PESI | 714157203 | $2.1M | 3.50% | 166,300 | SH |
| 4 | SILVERCREST ASSET MGMT GROUP | SAMG | 828359109 | $2.0M | 3.26% | 128,398 | SH |
| 5 | ENDEAVOUR SILVER CORP | EXK | 29258Y103 | $1.9M | 3.24% | 206,432 | SH |
| 6 | RADIANT LOGISTICS INC | RLGT | 75025X100 | $1.8M | 3.02% | 285,682 | SH |
| 7 | MCEWEN INC. | MUX | 58039P305 | $1.7M | 2.77% | 89,470 | SH |
| 8 | NPK INTERNATIONAL INC | NPKI | 651718504 | $1.7M | 2.76% | 138,500 | SH |
| 9 | EZCORP INC CL A NON VTG | EZPW | 302301106 | $1.6M | 2.61% | 80,400 | SH |
| 10 | NORTHWEST PIPE CO | NWPX | 667746101 | $1.5M | 2.58% | 24,700 | SH |
| 11 | PHOTRONICS INC | PLAB | 719405102 | $1.5M | 2.48% | 46,300 | SH |
| 12 | LEGACY HOUSING CORP | LEGH | 52472M101 | $1.4M | 2.34% | 71,682 | SH |
| 13 | NORTHERN TECHNOLOGIES INTERNATIONAL CORP | NTIC | 665809109 | $1.3M | 2.22% | 169,831 | SH |
| 14 | U S GLOBAL INVS INCORPORA | GROW | 902952100 | $1.3M | 2.11% | 522,967 | SH |
| 15 | RESEARCH SOLUTIONS INC | RSSS | 761025105 | $1.0M | 1.75% | 356,818 | SH |
| 16 | BK TECHNOLOGIES CORPORATION | BKTI | 05587G203 | $1.0M | 1.75% | 14,000 | SH |
| 17 | MILLER INDS INC TENN | MLR | 600551204 | $994.3K | 1.66% | 26,607 | SH |
| 18 | LSI INDS INC OHIO | LYTS | 50216C108 | $968.3K | 1.62% | 52,854 | SH |
| 19 | VIEMED HEALTHCARE INC | VMD | 92663R105 | $966.6K | 1.62% | 130,100 | SH |
| 20 | LINCOLN EDL SVCS CORP | LINC | 533535100 | $937.0K | 1.57% | 38,800 | SH |
| 21 | DLH HLDGS CORP | DLHC | 23335Q100 | $927.7K | 1.55% | 164,200 | SH |
| 22 | INFORMATION SVCS GROUP INC | III | 45675Y104 | $921.6K | 1.54% | 159,440 | SH |
| 23 | ORION GROUP HLDGS INC | ORN | 68628V308 | $870.7K | 1.46% | 87,600 | SH |
| 24 | INFUSYSTEM HLDGS INC | INFU | 45685K102 | $868.3K | 1.45% | 96,800 | SH |
| 25 | MITEK SYS INC COM | MITK | 606710200 | $782.5K | 1.31% | 74,166 | SH |
| 26 | BOWMAN CONSULTING GROUP LTD | BWMN | 103002101 | $782.2K | 1.31% | 23,690 | SH |
| 27 | STAR EQUITY HOLDINGS INC | STRR | 443787205 | $745.9K | 1.25% | 66,300 | SH |
| 28 | GENCOR INDS INC | GENC | 368678108 | $740.3K | 1.24% | 57,122 | SH |
| 29 | FLEXIBLE SOLUTIONS INTL INC | FSI | 33938T104 | $727.6K | 1.22% | 108,200 | SH |
| 30 | CECO ENVIRONMENTAL CORP | CECO | 125141101 | $718.2K | 1.20% | 12,000 | SH |
| 31 | OOMA INC | OOMA | 683416101 | $680.3K | 1.14% | 58,000 | SH |
| 32 | UNIVERSAL TECHNICAL INST INC | UTI | 913915104 | $671.5K | 1.12% | 25,700 | SH |
| 33 | IBEX LTD SHS NEW | IBEX | G4690M101 | $662.4K | 1.11% | 17,350 | SH |
| 34 | PERION NETWORK LTD | PERI | M78673114 | $637.1K | 1.07% | 66,500 | SH |
| 35 | CARRIAGE SVCS INC | CSV | 143905107 | $634.2K | 1.06% | 14,992 | SH |
| 36 | CODA OCTOPUS GROUP INC | CODA | 19188U206 | $625.4K | 1.05% | 67,250 | SH |
| 37 | EVOLUTION PETE CORP | EPM | 30049A107 | $616.9K | 1.03% | 174,275 | SH |
| 38 | CREATIVE REALITIES INC | CREX | 22530J309 | $587.0K | 0.98% | 224,900 | SH |
| 39 | NATURAL GAS SVCS GROUP INC | NGS | 63886Q109 | $572.0K | 0.96% | 17,000 | SH |
| 40 | CONSENSUS CLOUD SOLUTIONS INC | CCSI | 20848V105 | $567.3K | 0.95% | 26,000 | SH |
| 41 | IMMERSION CORP | IMMR | 452521107 | $566.4K | 0.95% | 83,301 | SH |
| 42 | AVIAT NETWORKS INC | AVNW | 05366Y201 | $563.4K | 0.94% | 26,350 | SH |
| 43 | USIO INC | USIO | 917313108 | $562.6K | 0.94% | 413,700 | SH |
| 44 | MAYVILLE ENGR CO INC | MEC | 578605107 | $561.6K | 0.94% | 30,000 | SH |
| 45 | TECHPRECISION CORP | TPCS | 878739200 | $559.0K | 0.93% | 115,731 | SH |
| 46 | NATURES SUNSHINE PRODS INC | NATR | 639027101 | $539.5K | 0.90% | 25,000 | SH |
| 47 | VAALCO ENERGY INC | EGY | 91851C201 | $530.2K | 0.89% | 145,670 | SH |
| 48 | ALLIANCE ENTERTAINMENT HOLDING COM | AENT | 01861F102 | $525.2K | 0.88% | 65,000 | SH |
| 49 | DICE HOLDINGS INC | DHX | 23331S100 | $508.9K | 0.85% | 328,300 | SH |
| 50 | SUPERIOR GROUP OF CO INC | SGC | 868358102 | $504.0K | 0.84% | 52,066 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-12-31 | 2026-02-17 | $59.8M | 79 | 0000897069-26-000357 |
| 2025-09-30 | 2025-11-17 | $211.0M | 313 | 0000897069-25-001709 |