Q2 2026 13F · SEC CIK 1584691

Global Alpha Capital Management Ltd.

Institutional asset managerFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.7B
Reported positions: 48
Top holdings a year, 3 yrs: +15.6%
Assets under management: $6.3B

Global Alpha Capital Management Ltd. is an institutional asset manager that reported 48 positions worth $1.7B in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Ormat Technologies Inc (ORA, 8.9%), Umb Finl Corp (UMBF, 5.9%), Sanmina Corp (SANM, 4.5%). A portfolio copying its top holdings returned 15.6% a year over the last 3 years, against 20.4% for the S&P 500.

Global Alpha Capital Management Ltd. holdings all 48 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Global Alpha Capital Management Ltd. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
ORAOrmat Technologies Inc	8.9%	12.0%	1,359,802	-24.1%	$148.2M
UMBFUmb Finl Corp	5.9%	4.5%	690,325	+4.8%	$98.6M
SANMSanmina Corp	4.5%	4.7%	296,337	-50.8%	$75.0M
CVLTCommvault Sys Inc	4.2%	1.7%	494,473	+34.2%	$70.1M
GMEDGlobus Med Inc	4.1%	3.6%	856,616	+23.4%	$67.7M
COLDAmericold Realty Trust Inc	4.0%	2.1%	4,291,891	+38.8%	$67.5M
DIODDiodes Inc	3.8%	3.4%	578,999	-30.9%	$63.4M
GXOGxo Logistics Incorporated	3.2%	2.9%	1,046,730	+12.6%	$53.1M
RUSHARush Enterprises Inc	3.0%	2.9%	682,458	-7.0%	$49.8M
EXPEagle Matls Inc	2.9%	2.5%	214,813	-0.7%	$48.3M
SAMBoston Beer Inc	2.8%	2.0%	267,567	+81.4%	$47.4M
ANIPAni Pharmaceuticals Inc	2.8%	1.7%	558,003	+54.5%	$46.2M
RDNTRadnet Inc	2.7%	2.2%	734,875	+11.6%	$45.3M
RYNRayonier Incorporated REIT	2.7%	2.6%	2,080,000	-0.5%	$44.3M
FSSFederal Signal Corp	2.5%	2.1%	326,966	-0.9%	$42.0M
RLIRli Corp	2.5%	2.0%	700,675	+19.1%	$41.4M
THRMGentherm Inc	2.4%	2.0%	1,186,720	-0.4%	$40.5M
EVREvercore Inc	2.4%	2.1%	118,121	-0.6%	$40.3M
ATNIAtn Intl Inc	2.3%	2.4%	1,444,296	-0.9%	$38.3M
LMNRLimoneira Co	2.3%	2.4%	2,898,549	-0.9%	$38.1M
DGIIDigi International, Inc.	2.1%	1.4%	475,962	-0.6%	$35.7M
SIISprott Inc	2.1%	2.7%	315,583	+0.7%	$35.6M
KWRQuaker Houghton	2.1%	1.3%	216,161	+27.3%	$34.3M
SCIService Corp Intl Com	2.0%	1.7%	434,105	+24.9%	$33.0M
GPORGulfport Energy Corp	1.9%	2.4%	189,819	-0.4%	$32.2M
BGSIBoyd Group Services Inc	1.8%	2.5%	323,914	-0.5%	$30.6M
DOCUDocusign Inc	1.8%	—	673,986	—	$29.9M
PRAAPra Group Inc	1.8%	2.0%	1,574,253	-18.7%	$29.9M
AAAlcoa Corp Com	1.7%	2.8%	558,623	-19.0%	$29.1M
GENIGenius Sports Limited	1.7%	1.1%	4,443,719	-0.1%	$28.2M
AWIArmstrong World Inds Inc New	1.7%	1.7%	173,997	-0.1%	$27.9M
REZIResideo Technologies Inc	1.5%	1.7%	824,926	-0.2%	$25.7M
DNOWDnow Inc (DNOW)	1.3%	2.2%	1,622,200	-46.1%	$21.0M
SEDGSolaredge Technologies Inc	1.2%	0.1%	346,602	+703.7%	$20.3M
CLNEClean Energy Fuels Corp	1.2%	1.1%	9,516,240	+33.5%	$19.5M
EEFTEuronet Worldwide Inc	1.0%	0.9%	234,587	-0.7%	$17.2M
WRDWeride Inc	1.0%	1.2%	2,812,760	+10.4%	$16.4M
ENSEnersys	0.4%	0.3%	25,706	-11.9%	$6.0M
VMIValmont Inds Inc Com	0.3%	0.2%	8,347	-0.2%	$4.8M
NXTNextpower Inc	0.2%	0.2%	32,923	-3.5%	$3.9M
AGMFederal Agric Mtg Corp	0.2%	0.1%	18,367	+9.3%	$3.7M
ONTOnterris Inc	0.2%	0.2%	173,335	+21.2%	$3.5M
BCPCBalchem Corp	0.2%	0.2%	20,214	-0.2%	$3.4M
ZWSZurn Elkay Water Solutions	0.2%	0.2%	66,923	-0.2%	$3.4M
VCELVericel Corp	0.2%	0.1%	64,141	+28.4%	$2.9M
CVSACovista Inc	0.1%	0.1%	19,501	-0.2%	$2.4M
MWAMueller Wtr Prods Inc	0.1%	—	90,303	—	$2.3M
POWIPower Integrations Inc	0.1%	—	11,829	—	$991K

What Global Alpha Capital Management Ltd. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

SEDG Solaredge Technologies Inc+703.7% shares
SAM Boston Beer Inc+81.4% shares
ANIP Ani Pharmaceuticals Inc+54.5% shares
COLD Americold Realty Trust Inc+38.8% shares
CVLT Commvault Sys Inc+34.2% shares
CLNE Clean Energy Fuels Corp+33.5% shares
VCEL Vericel Corp+28.4% shares
KWR Quaker Houghton+27.3% shares

Reduced

SANM Sanmina Corp-50.8% shares
DNOW Dnow Inc (DNOW)-46.1% shares
DIOD Diodes Inc-30.9% shares
ORA Ormat Technologies Inc-24.1% shares
AA Alcoa Corp Com-19.0% shares
PRAA Pra Group Inc-18.7% shares
ENS Enersys-11.9% shares
RUSHA Rush Enterprises Inc-7.0% shares

Sold out

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +19.9% /yr; S&P 500 +20.1%
3 years: +15.6% /yr; S&P 500 +20.4%
5 years: +4.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.7B	48
Q1 2026	$1.7B	54
Q4 2025	$1.6B	56
Q3 2025	$1.7B	56
Q2 2025	$1.6B	56
Q1 2025	$1.4B	58
Q4 2024	$1.4B	56
Q3 2024	$1.5B	57
Q2 2024	$1.4B	57
Q1 2024	$1.3B	55
Q4 2023	$1.2B	54
Q3 2023	$996.4M	36

Questions about Global Alpha Capital Management Ltd.'s portfolio

What stocks does Global Alpha Capital Management Ltd. own?

Global Alpha Capital Management Ltd.'s latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 48 positions worth $1.7B. The largest are Ormat Technologies Inc (ORA) at 8.9%, Umb Finl Corp (UMBF) at 5.9%, Sanmina Corp (SANM) at 4.5%, Commvault Sys Inc (CVLT) at 4.2% and Globus Med Inc (GMED) at 4.1%.

What did Global Alpha Capital Management Ltd. buy last quarter?

In Q2 2026, Global Alpha Capital Management Ltd. added Solaredge Technologies Inc (SEDG) (+703.7% shares), Boston Beer Inc (SAM) (+81.4% shares) and Ani Pharmaceuticals Inc (ANIP) (+54.5% shares), compared with its Q1 2026 filing.

What did Global Alpha Capital Management Ltd. sell last quarter?

In Q2 2026, Global Alpha Capital Management Ltd. sold all of ACI Worldwide Inc (ACIW), sold all of Wintrust Finl Corp (WTFC), sold all of Cae Inc (CAE), sold all of Brunswick Corp (BC), sold all of Casella Waste Sys Inc (CWST), Sanmina Corp (SANM) (-50.8% shares), Dnow Inc (DNOW) (DNOW) (-46.1% shares) and Diodes Inc (DIOD) (-30.9% shares), compared with its Q1 2026 filing.

How has Global Alpha Capital Management Ltd.'s portfolio performed?

A portfolio copying Global Alpha Capital Management Ltd.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +19.9% against +20.1%. Over 5 years: +4.1% a year against +11.6%.

When is Global Alpha Capital Management Ltd.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Global Alpha Capital Management Ltd.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Global Alpha Capital Management Ltd. manage?

Global Alpha Capital Management Ltd. reported $6.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.7B.