CROWN ADVISORS MANAGEMENT, INC. — 13F Holdings & Portfolio
CIK 1733248 · latest 13F-HR filed 2026-08-07
CROWN ADVISORS MANAGEMENT, INC. manages $182.1M in 13F-reported U.S. long-equity assets across 43 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are FIX (10.88%), STRL (9.22%), LRCX (8.33%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 5 new positions and exited 2; 23 existing positions rose in reported value and 10 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 2026-08-07
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box 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
Q1 26 → Q2 26Estimated 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
3 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 = 59.1%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 31, 2023.
SUITE 530
ORANGE, CA 92868
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| DELTA CAPITAL HOLDINGS, LLC Control | GENERAL PARTNER since Feb 1999 | 50–75% | Domestic Entity |
| PAULSEN, DAROL KENNETH Control | CEO/DIR./TREASURER/SROP since Jun 1999 | Less than 5% | Individual |
| DELTA BROKER HOLDING, LLC | LIMITED PARTNER since Feb 1999 | 25–50% | Domestic Entity |
| EDWARDS, DON MICHAEL | CFO/FINOP/CONTROLLER since Sep 2003 | Less than 5% | Individual |
| FRENCH, JONATHAN LEE | PRESIDENT/ MUNICIPAL PRINCIPAL/CROP/CMO/CCO/COO/INV. ADV.SERV. since Sep 2003 | Less than 5% | Individual |
| PAULSEN, PHYLLIS JEAN | SR. VP/DIR/CAO DIR./LIC & REG/SEC since Jun 1999 | Less than 5% | Individual |
| PAULSEN, DAROL KENNETH Control Indirect owner via DELTA CAPITAL HOLDINGS, LLC | MANAGING MEMBER since Feb 1999 | 50–75% | Individual |
Ownership & leadership changes · 2 filings with changes since Dec 7, 2011
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- No longer listedSUNDSTEDT, NILS HENRIK · CHIEF COMPLIANCE OFFICER/COO/DIR./INV. ADV. SERV. · Less than 5% · listed since Sep 2003
- ChangedFRENCH, JONATHAN LEE · title PRESIDENT/ MUNICIPAL PRINCIPAL/CROP/CMO → PRESIDENT/ MUNICIPAL PRINCIPAL/CROP/CMO/CCO/COO/INV. ADV.SERV.
- No longer listedRET, L.P. · SHAREHOLDER · 10–25% · listed since Feb 1999
- AddedDELTA CAPITAL HOLDINGS, LLC · GENERAL PARTNER · 50–75% · control person
- AddedPAULSEN, DAROL KENNETH · MANAGING MEMBER · 50–75% · indirect via DELTA CAPITAL HOLDINGS, LLC · control person
- ChangedDELTA BROKER HOLDING, LLC · title SHAREHOLDER → LIMITED PARTNER
- ChangedPAULSEN, DAROL KENNETH · ownership 25–50% → Less than 5%
- ListedDELTA BROKER HOLDING, LLC · SHAREHOLDER · 25–50%
- ListedEDWARDS, DON MICHAEL · CFO/FINOP/CONTROLLER · Less than 5%
- ListedFRENCH, JONATHAN LEE · PRESIDENT/ MUNICIPAL PRINCIPAL/CROP/CMO · Less than 5%
- ListedPAULSEN, DAROL KENNETH · CEO/DIR./TREASURER/SROP · 25–50% · control person
- ListedPAULSEN, PHYLLIS JEAN · SR. VP/DIR/CAO DIR./LIC & REG/SEC · Less than 5%
- ListedRET, L.P. · SHAREHOLDER · 10–25%
- ListedSUNDSTEDT, NILS HENRIK · CHIEF COMPLIANCE OFFICER/COO/DIR./INV. ADV. SERV. · Less than 5%
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)
- STERLING INFRASTRUCTURE INC$8.6M +106.1%
- NWPX INFRASTRUCTURE INC$4.7M +79.8%
- LAM RESEARCH CORPORATION CMN$4.5M +42.0%
- ENOVA INTL INC$2.6M +77.3%
- PDF SOLUTIONS INC$2.0M +246.6%
Top Trims
- GRAND CANYON EDUCATION, INC. CMN-$2.6M -34.5%
- LIBERTY ENERGY INC-$1.6M -54.5%
- GREEN BRICK PARTNERS INC-$1.3M -44.8%
- N V R INC CMN-$1.3M -48.3%
- BUILD-A-BEAR WORKSHOP INC-$684.0K -18.3%
New Positions
- AZZ INC$3.1M
- VITESSE ENERGY INC$2.4M
- TSS INC DEL$1.2M
- PURE CYCLE CORP$749.7K
- FOSSIL GROUP INC$414.0K
CROWN ADVISORS MANAGEMENT, INC. Holdings (2026-06-30)
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 | COMFORT SYS USA INC | FIX | 199908104 | $19.8M | 10.88% | 10,000 | SH |
| 2 | STERLING INFRASTRUCTURE INC | STRL | 859241101 | $16.8M | 9.22% | 20,000 | SH |
| 3 | LAM RESEARCH CORPORATION CMN | LRCX | 512807306 | $15.2M | 8.33% | 35,000 | SH |
| 4 | NVIDIA CORPORATION CMN | NVDA | 67066G104 | $12.0M | 6.59% | 60,000 | SH |
| 5 | NWPX INFRASTRUCTURE INC | NWPX | 667746101 | $10.5M | 5.76% | 70,000 | SH |
| 6 | FIRSTCASH HOLDINGS INC | FCFS | 33768G107 | $8.7M | 4.75% | 40,000 | SH |
| 7 | ARCHROCK INC | AROC | 03957W106 | $8.1M | 4.47% | 200,000 | SH |
| 8 | ENOVA INTL INC | ENVA | 29357K103 | $6.0M | 3.30% | 25,000 | SH |
| 9 | ROSS STORES,INC CMN | ROST | 778296103 | $5.5M | 3.04% | 26,000 | SH |
| 10 | GRAND CANYON EDUCATION, INC. CMN | LOPE | 38526M106 | $5.0M | 2.75% | 35,000 | SH |
| 11 | TERADYNE INC | TER | 880770102 | $4.8M | 2.66% | 10,000 | SH |
| 12 | KODIAK GAS SVCS INC | KGS | 50012A108 | $4.5M | 2.48% | 60,000 | SH |
| 13 | DIAMONDBACK ENERGY INC | FANG | 25278X109 | $4.4M | 2.41% | 25,000 | SH |
| 14 | LAUREATE ED INC | LAUR | 518613203 | $3.6M | 1.99% | 100,000 | SH |
| 15 | TETRA TECH INC (NEW) CMN | TTEK | 88162G103 | $3.6M | 1.98% | 125,000 | SH |
| 16 | EZCORP INC | EZPW | 302301106 | $3.5M | 1.90% | 100,000 | SH |
| 17 | NATURAL GAS SERVICES GROUP | NGS | 63886Q109 | $3.5M | 1.90% | 80,000 | SH |
| 18 | AMERICAN PUB ED INC | APEI | 02913V103 | $3.2M | 1.77% | 60,000 | SH |
| 19 | SPDR SERIES TRUST | XBI | 78464A870 | $3.2M | 1.74% | 20,000 | SH |
| 20 | AZZ INC | AZZ | 002474104 | $3.1M | 1.70% | 20,000 | SH |
| 21 | CAVCO INDS INC DEL | CVCO | 149568107 | $3.1M | 1.69% | 5,000 | SH |
| 22 | BUILD-A-BEAR WORKSHOP INC | BBW | 120076104 | $3.1M | 1.68% | 100,000 | SH |
| 23 | PDF SOLUTIONS INC | PDFS | 693282105 | $2.8M | 1.55% | 40,000 | SH |
| 24 | VITESSE ENERGY INC | VTS | 92852X103 | $2.4M | 1.30% | 150,000 | SH |
| 25 | BARRETT BUSINESS SVCS INC | BBSI | 068463108 | $2.1M | 1.17% | 60,000 | SH |
| 26 | HASBRO INC | HAS | 418056107 | $2.1M | 1.13% | 25,000 | SH |
| 27 | FEDERAL SIGNAL CORP | FSS | 313855108 | $1.9M | 1.06% | 15,000 | SH |
| 28 | EXXON MOBIL CORP | XOM | 30231G102 | $1.9M | 1.05% | 13,940 | SH |
| 29 | PERMIAN RESOURCES CORP | PR | 71424F105 | $1.8M | 1.01% | 100,000 | SH |
| 30 | GREENBRIER COS INC | GBX | 393657101 | $1.7M | 0.94% | 35,000 | SH |
| 31 | GREEN BRICK PARTNERS INC | GRBK | 392709101 | $1.6M | 0.88% | 20,000 | SH |
| 32 | NPK INTERNATIONAL INC | NPKI | 651718504 | $1.6M | 0.87% | 100,000 | SH |
| 33 | JONES LANG LASALLE INC | JLL | 48020Q107 | $1.5M | 0.85% | 5,000 | SH |
| 34 | N V R INC CMN | NVR | 62944T105 | $1.4M | 0.75% | 200 | SH |
| 35 | LIBERTY ENERGY INC | LBRT | 53115L104 | $1.3M | 0.72% | 50,000 | SH |
| 36 | TURNING PT BRANDS INC | TPB | 90041L105 | $1.3M | 0.70% | 15,000 | SH |
| 37 | TSS INC DEL | TSSI | 87288V101 | $1.2M | 0.68% | 100,000 | SH |
| 38 | COVISTA INC | CVSA | 00737L103 | $997.3K | 0.55% | 8,000 | SH |
| 39 | BUILDERS FIRSTSOURCE, INC. CMN | BLDR | 12008R107 | $894.8K | 0.49% | 10,000 | SH |
| 40 | STRATUS PPTYS INC | STRS | 863167201 | $786.5K | 0.43% | 27,356 | SH |
| 41 | PURE CYCLE CORP | PCYO | 746228303 | $749.7K | 0.41% | 70,000 | SH |
| 42 | AYTU BIOPHARMA INC | AYTU | 054754858 | $430.0K | 0.24% | 200,000 | SH |
| 43 | FOSSIL GROUP INC | FOSL | 34988V106 | $414.0K | 0.23% | 100,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-07 | $182.1M | 43 | 0001733248-26-000006 |
| 2026-03-31 | 2026-05-08 | $150.7M | 40 | 0001733248-26-000004 |
| 2025-12-31 | 2026-01-28 | $152.0M | 37 | 0001733248-26-000002 |
LARKSPUR, CA 94939