Boston, MA, investment firm Monarch Partners Asset Management LLC (current portfolio) buys Belden Inc, Xenia Hotels & Resorts Inc, Wintrust Financial Corp, WNS (Holdings), Meritage Homes Corp, sells PacWest Bancorp, Gates Industrial Corp PLC, Camping World Holdings Inc, Civitas Resources Inc, Civitas Resources Inc during the 3 months ended Q4 2021, according to the latest filings from the investment firm, Monarch Partners Asset Management LLC. As of Q4 2021, Monarch Partners Asset Management LLC owns 155 shares with a total value of $492 million. These are the details of purchases and sales.

• New purchases: BDC, XHR, WTFC, WNS, MTH, HUN, NTST, RCM, VLY, TBBK, CCMP, FRG, OVV, FORM, CRC, BKH, WD, BRX, OSTK, FRST, BRY, LCNB, ESI, CLDT, AVD, NXRT, EVC, NBHC, RUTH, OPY, CLW, CHPT, CHPT, VNDA, ENTG,

• Positions added: CNOB, SYBT, EBTC, AGS, HBIO, HTBK, UVSP, ATCX, CNTY, HNGR, SRI, QCRH, TGH, NPO, SFST, SHBI, ACLS, CDMO, BBSI, CATC, GNTY, DCO, CW, ACRE, PZN, ADTN, CHILDREN, RMBL, CSLT, RMAX, BLFS, IESC, USLM, ULBI, DAR, BOOM, EVBN, PNFP, MNKD, ERII, COLL, SPNE, PCYO, NREF, NDLS, EOLS,

• Reduced positions: GTES, CIVI, CIVI, SWCH, STRL, LPX, SUM, SF, BCO, NVST, RADA, ESTE, QTRX, ADUS, GBCI, IDA, OFG, FR, SNX, FRME, UPLD, UCTT, SM, VFF, IBOC, OXM, EBC, PRFT, CR, FIL, PERI, TPB, SIGI, KFRC, PWFL, CSTL, STXB, UMH, GPRE, PLYM, SHYF, VNTR, BKE, MCRI, MCFT, STGW, TGLS, THG, KTB, AQUA, NBN, HCI, AMTB, WGO, REX, PSNL, CARS, VIAO, NTRA, CTS, UBA, THC, TITN, FREE, ISEE, AAN, AMNB, CIVB, RJF, METC, DSKE, TMST, ALTG, ZUMZ,

• Solder: PACW, CWH, BSIG, TCBI, HCAT, CNR, DBI, BRKL, RCII, DCI, ADC, VSH, WSFS, EFSC, VSCO, AAWW, PFC, MEDP, PUMP, MVBF, ASPU, MTW, CIO, AP, CMA, UGI, FNWB, CLF, BBWI, TLYS, SAFM,

For details on purchases and sales of Monarch Partners Asset Management LLC stock,
go to https://www.gurufocus.com/guru/monarch+partners+asset+management+llc/current-portfolio/portfolio

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Here are the top 5 holdings of Monarch Partners Asset Management LLC

1. OFG Bancorp (OFG) – 395,651 shares, 2.14% of total portfolio. Shares reduced by 33.06%

2. Plymouth Industrial REIT Inc (PLYM) – 260,667 shares, 1.70% of total portfolio. Shares reduced by 31.32%

3. HCI Group Inc (HCI) – 81,028 shares, 1.38% of total portfolio. Shares reduced by 13.87%

4. Stock Yards Bancorp Inc (SYBT) – 104,809 shares, 1.36% of total portfolio. Added shares of 63.28%

5. Belden Inc (BDC) – 97,556 shares, 1.30% of total portfolio. New position

New purchase: Belden Inc (BDC)

Monarch Partners Asset Management LLC began holding Belden Inc. Purchase prices were between $58.69 and $68.05, with an estimated average price of $62.85. The stock is now trading at around $56.870000. The impact on a portfolio of this purchase is 1.3%. The holding was 97,556 shares as of 12/31/2021.

New purchase: Xenia Hotels & Resorts Inc (XHR)

Monarch Partners Asset Management LLC initiated an equity stake in Xenia Hotels & Resorts Inc. Purchase prices were between $15.39 and $20.12, with an estimated average price of $17.64. The stock is now trading at around $17.020000. The impact on a portfolio of this purchase is 1.11%. The holding was 302,722 shares as of 12/31/2021.

New purchase: Wintrust Financial Corp (WTFC)

Monarch Partners Asset Management LLC initiated stake in Wintrust Financial Corp. Purchase prices were between $81.84 and $96.94, with an estimated average price of $89.45. The stock is now trading at around $98.550000. The impact on a portfolio of this purchase is 1.03%. The holding was 55,862 shares as of 12/31/2021.

New purchase: WNS (Holdings) Ltd (WNS)

Monarch Partners Asset Management LLC has initiated a stake in WNS (Holdings) Ltd. Purchase prices were between $80.31 and $90.24, with an estimated average price of $85.98. The stock is now trading at around $85.250000. The impact on a portfolio of this purchase was 0.99%. The holding was 55,104 shares as of 12/31/2021.

New purchase: Meritage Homes Corp (MTH)

Monarch Partners Asset Management LLC has initiated a stake in Meritage Homes Corp. Purchase prices were between $96.96 and $122.06, with an estimated average price of $112.01. The stock is now trading at around $99.790000. The impact on a portfolio of this purchase was 0.98%. The holding was 39,632 shares as of 12/31/2021.

New purchase: Huntsman Corp (HUN)

Monarch Partners Asset Management LLC began owning Huntsman Corp. Purchase prices were between $30.47 and $35.12, with an estimated average price of $32.68. The stock is now trading at around $36.310000. The impact on a portfolio of this purchase was 0.97%. The holding was 136,395 shares as of 12/31/2021.

Added: ConnectOne Bancorp Inc (CNOB)

Monarch Partners Asset Management LLC added 91.91% to its stake in ConnectOne Bancorp Inc. Purchase prices were between $30.99 and $35.2, with an estimated average price of $33.05. The stock is now trading at around $32.710000. The impact on a portfolio of this purchase was 0.61%. The holding was 190,395 shares as of 12/31/2021.

Added: Stock Yards Bancorp Inc (SYBT)

Monarch Partners Asset Management LLC added 63.28% to its position in Stock Yards Bancorp Inc. Bid prices were between $58.69 and $67.21, with an estimated average price of $62.96. The stock is now trading at around $58.450000. The impact on a portfolio of this purchase is 0.53%. The holding was 104,809 shares as of 12/31/2021.

Added: Enterprise Bancorp Inc (EBTC)

Monarch Partners Asset Management LLC added 246.00% to its stake in Enterprise Bancorp Inc. Bid prices ranged from $35.23 to $46.04, with an estimated average price of $39.82. The stock is now trading at around $39.900000. The impact on a portfolio of this purchase was 0.41%. The holding was 62,508 shares as of 12/31/2021.

Added: PlayAGS Inc (AGS)

Monarch Partners Asset Management LLC added 114.79% to its stake in PlayaAGS Inc. Bid prices ranged from $6.21 to $10.04, with an estimated average price of $7.63. The stock is now trading at around $7.300000. The impact on a portfolio of this purchase is 0.26%. The holding was 347,627 shares as of 12/31/2021.

Added: Harvard Bioscience Inc (HBIO)

Monarch Partners Asset Management LLC added 49.42% to its stake in Harvard Bioscience Inc. Purchase prices were between $6.37 and $8.18, with an estimated average price of $7.11. The stock is now trading at around $5,790,000. The impact on a portfolio of this purchase is 0.23%. The holding was 493,202 shares as of 12/31/2021.

Added: Heritage Commerce Corp (HTBK)

Monarch Partners Asset Management LLC added 41.56% to its stake in Heritage Commerce Corp. Purchase prices were between $10.78 and $12.34, with an estimated average price of $11.68. The stock is now trading at around $12.140000. The impact on a portfolio of this purchase is 0.19%. The holding was 269,312 shares as of 12/31/2021.

Sold Out: PacWest Bancorp (PACW)

Monarch Partners Asset Management LLC sold a stake in PacWest Bancorp. Sale prices ranged from $41.91 to $50.28, with an estimated average price of $46.6.

Sold out: Camping World Holdings Inc (CWH)

Monarch Partners Asset Management LLC sold a stake in Camping World Holdings Inc. Sale prices were between $35.89 and $45.78, with an estimated average price of $40.44.

Sold Out: BrightSphere Investment Group Inc (BSIG)

Monarch Partners Asset Management LLC sold a stake in BrightSphere Investment Group Inc. Sale prices were between $24.85 and $30.77, with an estimated average price of $28.16.

Sold Out: Texas Capital Bancshares Inc (TCBI)

Monarch Partners Asset Management LLC sold a stake in Texas Capital Bancshares Inc. Sale prices were between $55.12 and $64.02, with an estimated average price of $60.27.

Sold Out: Health Catalyst Inc (HCAT)

Monarch Partners Asset Management LLC sold a stake in Health Catalyst Inc. Sale prices ranged from $36.68 to $54.02, with an estimated average price of $45.41.

Sold out: Cornerstone Building Brands Inc (CNR)

Monarch Partners Asset Management LLC sold a stake in Cornerstone Building Brands Inc. Sale prices were between $13.66 and $17.45, with an estimated average price of $15.58.

Here is the complete portfolio of Monarch Partners Asset Management LLC. See also:

1. Undervalued shares of Monarch Partners Asset Management LLC

2. Monarch Partners Asset Management LLC’s Top Growth Companies, and

3. High Yield Stocks of Monarch Partners Asset Management LLC

4. Stocks Monarch Partners Asset Management LLC continues to buyThis article first appeared on GuruFocus.