SNYDER CAPITAL MANAGEMENT L P
"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.
13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.
We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 24 quarters, returned +1.8% per quarter — versus +2.9% per quarter from simply owning every 13F stock. It beat that baseline in only 45.8% of quarters (excess t = -0.17, not statistically significant). Its filings tell you what it bought — not what you should buy.
Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)
Top 20 holdings of 70 · 2026 Q1
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| CLH | $266M | | TRIM |
| ENTG | $242M | | TRIM |
| BWXT | $225M | | TRIM |
| UGI | $195M | | TRIM |
| AME | $161M | | TRIM |
| SSNC | $154M | | ADD |
| WWD | $152M | | TRIM |
| RBC | $150M | | TRIM |
| HALO | $150M | | TRIM |
| COHR | $145M | | TRIM |
| INGR | $144M | | TRIM |
| WCN | $140M | | ADD |
| CAE | $128M | | TRIM |
| POWI | $108M | | HOLD |
| TECH | $98M | | TRIM |
| HSIC | $94M | | TRIM |
| APG | $88M | | TRIM |
| IEX | $86M | | TRIM |
| AEIS | $85M | | TRIM |
| APH | $84M | | TRIM |
QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.
New positions in 2026 Q1
Method & Limitations
Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.