Tenara

Portfolio value

$84,772.82

Since inception

+69.53%

Holdings

104

Inception date

April 22, 2026

Portfolio value over time

Holdings

104 positions, equal-weighted

Rank↑	Symbol	Sector	Value	Weight	Return
1	DLTH Duluth Holdings Inc.	Consumer Cyclical	$578.49	0.74%	15.99%
5	CMT Core Molding Technologies, Inc.	Basic Materials	$390.10	0.50%	-21.78%
6	EVI EVI Industries, Inc.	Industrials	$453.92	0.58%	-8.99%
8	OPRX OptimizeRx Corporation	Healthcare	$608.38	0.77%	21.98%
10	USNA USANA Health Sciences, Inc.	Consumer Defensive	$779.04	0.99%	-3.75%
11	CAAS China Automotive Systems, Inc.	Consumer Cyclical	$862.58	1.10%	6.57%
12	INTT inTEST Corporation	Technology	$673.50	0.86%	-18.75%
13	ESCA Escalade, Incorporated	Consumer Cyclical	$574.14	0.73%	-1.05%
14	TTEC TTEC Holdings, Inc.	Technology	$102.79	0.13%	-49.45%
15	RSSS Research Solutions, Inc.	Technology	$386.63	0.49%	-22.48%
16	POWW Outdoor Holding Company	Industrials	$883.31	1.12%	9.13%
18	AOUT American Outdoor Brands, Inc.	Consumer Cyclical	$930.41	1.18%	86.55%
19	HOFT Hooker Furnishings Corporation	Consumer Cyclical	$493.12	0.63%	-1.13%
22	INFU InfuSystem Holdings, Inc.	Healthcare	$638.96	0.81%	28.11%
24	LOVE The Lovesac Company	Consumer Cyclical	$407.26	0.52%	-18.34%
25	SND Smart Sand, Inc.	Energy	$508.18	0.65%	1.89%
26	ICCC ImmuCell Corporation	Healthcare	$652.38	0.83%	30.80%
27	HCKT The Hackett Group, Inc.	Technology	$850.83	1.08%	5.12%
28	BDL Flanigan's Enterprises, Inc.	Consumer Cyclical	$793.94	1.01%	59.19%
29	STRT Strattec Security Corporation	Consumer Cyclical	$782.68	0.99%	-3.30%
31	LCUT Lifetime Brands, Inc.	Consumer Cyclical	$981.79	1.25%	18.44%
32	DHX DHI Group, Inc.	Industrials	$1,302.26	1.65%	57.10%
34	UEIC Universal Electronics Inc.	Technology	$630.79	0.80%	26.47%
36	SGC Superior Group of Companies, Inc.	Consumer Cyclical	$567.38	0.72%	13.76%
38	LFVN LifeVantage Corporation	Consumer Defensive	$595.31	0.76%	19.36%
40	VIASP Via Renewables, Inc.	Utilities	$498.75	0.63%	0.00%
41	SGA Saga Communications, Inc.	Communication Services	$570.68	0.73%	-29.49%
42	GENC Gencor Industries, Inc.	Industrials	$238.72	0.30%	17.39%
43	NATR Nature's Sunshine Products, Inc.	Consumer Defensive	$620.13	0.79%	-23.38%
44	SPOK Spok Holdings, Inc.	Healthcare	$453.13	0.58%	-9.15%
45	KEQU Kewaunee Scientific Corporation	Consumer Cyclical	$433.05	0.55%	-13.17%
46	AUDC AudioCodes Ltd.	Technology	$600.98	0.76%	20.50%
47	WFCF Where Food Comes From, Inc.	Technology	$500.34	0.64%	21.64%
49	JYNT The Joint Corp.	Healthcare	$210.04	0.27%	-19.18%
50	ACU Acme United Corporation	Consumer Defensive	$1,105.46	1.40%	33.36%
52	RELL Richardson Electronics, Ltd.	Technology	$792.65	1.01%	36.61%
53	NC NACCO Industries, Inc.	Energy	$665.45	0.85%	-17.78%
54	TG Tredegar Corporation	Industrials	$801.26	1.02%	-1.00%
55	BSET Bassett Furniture Industries, Incorporated	Consumer Cyclical	$735.77	0.93%	47.52%
59	NUS Nu Skin Enterprises, Inc.	Consumer Defensive	$673.19	0.86%	-18.79%
62	FSI Flexible Solutions International, Inc.	Basic Materials	$484.17	0.62%	-2.92%
65	KVHI KVH Industries, Inc.	Technology	$494.02	0.63%	-40.41%
67	III Information Services Group, Inc.	Technology	$667.32	0.85%	33.80%
72	LGCY Legacy Education Inc.	Consumer Defensive	$155.51	0.20%	-23.53%
73	HURC Hurco Companies, Inc.	Industrials	$629.83	0.80%	26.28%
76	HQI HireQuest, Inc.	Industrials	$787.91	1.00%	57.98%
77	SMID Smith-Midland Corporation	Basic Materials	$328.38	0.42%	-34.16%
82	PCYO Pure Cycle Corporation	Utilities	$470.36	0.60%	-5.69%
83	ESP Espey Mfg. & Electronics Corp.	Industrials	$376.51	0.48%	-24.51%
84	ANIK Anika Therapeutics, Inc.	Healthcare	$520.63	0.66%	26.57%
89	FC Franklin Covey Co.	Industrials	$26.17	0.03%	-24.20%
93	TBI TrueBlue, Inc.	Industrials	$1,451.49	1.84%	84.39%
—	ATLO Ames National Corporation	Financial Services	$913.70	1.16%	13.06%
—	AUBN Auburn National Bancorporation, Inc.	Financial Services	$550.70	0.70%	10.42%
—	BCTF Bancorp 34, Inc.	Financial Services	$2,104.55	2.67%	4.58%
—	BGSF BGSF, Inc.	Industrials	$175.52	0.22%	-32.46%
—	BPRN Princeton Bancorp, Inc.	Financial Services	$600.05	0.76%	20.31%
—	BUKS Butler National Corporation	Industrials	$1,022.59	1.30%	26.34%
—	BVFL BV Financial, Inc.	Financial Services	$862.32	1.10%	6.70%
—	CBKM Consumers Bancorp, Inc.	Financial Services	$602.39	0.77%	20.78%
—	CFBK CF Bankshares Inc.	Financial Services	$904.36	1.15%	11.91%
—	CMTV Community Bancorp	Financial Services	$868.33	1.10%	7.45%
—	CODA Coda Octopus Group, Inc.	Industrials	$611.87	0.78%	-24.40%
—	CZWI Citizens Community Bancorp, Inc.	Financial Services	$2,042.29	2.59%	1.49%
—	DBI Designer Brands Inc.	Consumer Cyclical	$908.55	1.15%	9.60%
—	EBMT Eagle Bancorp Montana, Inc.	Financial Services	$465.36	0.59%	-6.69%
—	EDRY EuroDry Ltd.	Industrials	$1,904.61	2.42%	129.76%
—	FINW FinWise Bancorp	Financial Services	$1,262.50	1.60%	-37.26%
—	FNRN First Northern Community Bancorp	Financial Services	$862.45	1.10%	6.72%
—	FRAF Franklin Financial Services Corporation	Financial Services	$858.26	1.09%	6.20%
—	FUNC First United Corporation	Financial Services	$932.54	1.18%	15.39%
—	FUSB First US Bancshares, Inc.	Financial Services	$805.68	1.02%	-0.30%
—	FXNC First National Corporation	Financial Services	$805.41	1.02%	-0.34%
—	HOUR Hour Loop, Inc.	Consumer Cyclical	$365.46	0.46%	-26.72%
—	HWBK Hawthorn Bancshares, Inc.	Financial Services	$553.15	0.70%	10.91%
—	IDN Intellicheck, Inc.	Technology	$510.76	0.65%	-74.62%
—	IMMR Immersion Corporation	Technology	$448.00	0.57%	8.91%
—	KINS Kingstone Companies, Inc.	Financial Services	$2,110.14	2.68%	4.86%
—	LARK Landmark Bancorp, Inc.	Financial Services	$572.62	0.73%	14.81%
—	LCNB LCNB Corp.	Financial Services	$894.38	1.14%	10.67%
—	LSBK Lake Shore Bancorp, Inc.	Financial Services	$2,307.77	2.93%	14.68%
—	MAYS J.W. Mays, Inc.	Real Estate	$34.43	0.04%	-0.27%
—	MHH Mastech Digital, Inc.	Industrials	$469.28	0.60%	-5.91%
—	MNSB MainStreet Bancshares, Inc.	Financial Services	$780.66	0.99%	-3.40%
—	MRBK Meridian Corporation	Financial Services	$1,810.08	2.30%	-10.05%
—	NKSH National Bankshares, Inc.	Financial Services	$925.50	1.18%	14.52%
—	OPBK OP Bancorp	Financial Services	$423.76	0.54%	3.02%
—	OPHC OptimumBank Holdings, Inc.	Financial Services	$798.18	1.01%	60.04%
—	OVBC Ohio Valley Banc Corp.	Financial Services	$1,954.61	2.48%	-2.87%
—	OVLY Oak Valley Bancorp	Financial Services	$773.89	0.98%	-4.24%
—	PEBK Peoples Bancorp of North Carolina, Inc.	Financial Services	$517.19	0.66%	3.70%
—	PROV Provident Financial Holdings, Inc.	Financial Services	$849.42	1.08%	5.11%
—	QNBC QNB Corp.	Financial Services	$821.26	1.04%	1.62%
—	RDCM RADCOM Ltd.	Communication Services	$27.05	0.03%	-21.67%
—	REDW Redwood Financial, Inc.	Financial Services	$1,599.62	2.03%	-20.51%
—	SELF Global Self Storage, Inc.	Real Estate	$473.15	0.60%	-5.13%
—	SIF SIFCO Industries, Inc.	Industrials	$391.09	0.50%	50.49%
—	SOTK Sono-Tek Corporation	Technology	$336.06	0.43%	29.31%
—	TLS Telos Corporation	Technology	$877.23	1.11%	5.82%
—	TYFG Tri-County Financial Group, Inc.	Financial Services	$1,205.49	1.53%	49.17%
—	VABK Virginia National Bankshares Corporation	Financial Services	$591.91	0.75%	18.68%
—	VRA Vera Bradley, Inc.	Consumer Cyclical	$1,162.34	1.48%	40.22%
—	WNEB Western New England Bancorp, Inc.	Financial Services	$1,921.61	2.44%	-4.51%
—	ZJK ZJK Industrial Co., Ltd.	Industrials	$416.15	0.53%	-16.56%

Sector composition

Financial Services35 · 46.8%

Industrials17 · 15.2%

Consumer Cyclical15 · 13.4%

Technology14 · 10.0%

Consumer Defensive6 · 5.0%

Healthcare6 · 3.9%

Basic Materials3 · 1.5%

Energy2 · 1.5%

Utilities2 · 1.2%

Communication Services2 · 0.8%

Real Estate2 · 0.6%