{"entity_type":"fund","name":"The Adirondack Small Cap Fund","identifiers":{"lei":"54930083FMYYVP37Z732","cik":"1311981","fund_id":"S000004764","fundkey":"the-adirondack-small-cap-fund"},"dates":{"reporting_period_start":"2025-12-31","reporting_period_end":"2026-03-31","filing_date":"2026-02-27"},"summary":{"total_positions":61,"total_value_usd":49244057.29,"asset_categories":["STIV","EC"],"by_asset_category":{"EC":{"positions":60,"total_value_usd":44043623.99},"STIV":{"positions":1,"total_value_usd":5200433.3}}},"holdings":[{"issuer_name":"Federated Hermes Money Market Obligations Trust","title":"Federated Treasury Obligation Fund - Institutional Shares","isin":"US60934N5005","value_usd":5200433.3,"pct_val":10.81,"balance":5200433.3,"units":"NS","currency":"USD","asset_cat":"STIV","issuer_cat":"RF","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Healthcare Services Group, Inc.","title":"Healthcare Services Group, Inc.","isin":"US4219061086","value_usd":1778217.36,"pct_val":3.7,"balance":93003,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Dole plc","title":"Dole plc","isin":"IE0003LFZ4U7","value_usd":1531498.32,"pct_val":3.18,"balance":102168,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"IE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Lincoln National Corp.","title":"Lincoln National Corp.","isin":"US5341871094","value_usd":1515578.55,"pct_val":3.15,"balance":34035,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"AES Corp.","title":"AES Corp.","isin":"US00130H1059","value_usd":1438545.78,"pct_val":2.99,"balance":100317,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Antero Resources Corp.","title":"Antero Resources Corp.","isin":"US03674X1063","value_usd":1385602.14,"pct_val":2.88,"balance":40209,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"United Fire Group, Inc.","title":"United Fire Group, Inc.","isin":"US9103401082","value_usd":1366941.75,"pct_val":2.84,"balance":37605,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"LSI Industries, Inc.","title":"LSI Industries, Inc.","isin":"US50216C1080","value_usd":1328511.44,"pct_val":2.76,"balance":72517,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"EZCORP, Inc.","title":"EZCORP, Inc. Class A","isin":"US3023011063","value_usd":1308597.28,"pct_val":2.72,"balance":67384,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SiriusPoint Ltd.","title":"SiriusPoint Ltd.","isin":"BMG8192H1060","value_usd":1285774.82,"pct_val":2.67,"balance":58738,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Healthcare Realty Trust, Inc.","title":"Healthcare Realty Trust, Inc.","isin":"US42226K1051","value_usd":1205873.85,"pct_val":2.51,"balance":71143,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ardmore Shipping Corp.","title":"Ardmore Shipping Corp.","isin":"MHY0207T1001","value_usd":1157349.33,"pct_val":2.41,"balance":109287,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"MH","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Brookdale Senior Living, Inc.","title":"Brookdale Senior Living, Inc.","isin":"US1124631045","value_usd":1087060.13,"pct_val":2.26,"balance":100747,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ingles Markets, Inc.","title":"Ingles Markets, Inc. Class A","isin":"US4570301048","value_usd":1080690.75,"pct_val":2.25,"balance":15765,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Chatham Lodging Trust","title":"Chatham Lodging Trust","isin":"US16208T1025","value_usd":1064423.43,"pct_val":2.21,"balance":156303,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Perrigo plc","title":"Perrigo plc","isin":"IE00BGH1M568","value_usd":1038237.12,"pct_val":2.16,"balance":74586,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"IE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Vishay Intertechnology, Inc.","title":"Vishay Intertechnology, Inc.","isin":"US9282981086","value_usd":1024283.61,"pct_val":2.13,"balance":70689,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"O-I Glass, Inc.","title":"O-I Glass, Inc.","isin":"US67098H1041","value_usd":981894.24,"pct_val":2.04,"balance":66524,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Carters, Inc.","title":"Carters, Inc.","isin":"US1462291097","value_usd":973678.32,"pct_val":2.02,"balance":30024,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Orthofix Medical, Inc.","title":"Orthofix Medical, Inc.","isin":"US68752M1080","value_usd":972165.32,"pct_val":2.02,"balance":64127,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Weatherford International plc","title":"Weatherford International plc","isin":"IE00BLNN3691","value_usd":917911.54,"pct_val":1.91,"balance":11729,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"IE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Flagstar Financial, Inc.","title":"Flagstar Financial, Inc.","isin":"US6494454001","value_usd":901318.1,"pct_val":1.87,"balance":71590,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Alaska Air Group, Inc.","title":"Alaska Air Group, Inc.","isin":"US0116591092","value_usd":811590.5,"pct_val":1.69,"balance":16135,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Baxter International, Inc.","title":"Baxter International, Inc.","isin":"US0718131099","value_usd":810225.78,"pct_val":1.68,"balance":42398,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Pure Cycle Corp.","title":"Pure Cycle Corp.","isin":"US7462283034","value_usd":791356.93,"pct_val":1.64,"balance":72007,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Crawford & Co.","title":"Crawford & Co Class A","isin":"US2246332066","value_usd":765360,"pct_val":1.59,"balance":68032,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"TTM Technologies, Inc.","title":"TTM Technologies, Inc.","isin":"US87305R1095","value_usd":742578,"pct_val":1.54,"balance":10762,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Franklin BSP Realty Trust, Inc.","title":"Franklin BSP Realty Trust, Inc.","isin":"US35243J1016","value_usd":728328.45,"pct_val":1.51,"balance":72615,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Conduent, Inc.","title":"Conduent, Inc.","isin":"US2067871036","value_usd":688575.36,"pct_val":1.43,"balance":358633,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mistras Group, Inc.","title":"Mistras Group, Inc.","isin":"US60649T1079","value_usd":669412.7,"pct_val":1.39,"balance":52918,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tiptree, Inc.","title":"Tiptree, Inc. Class A","isin":"US88822Q1031","value_usd":664352.01,"pct_val":1.38,"balance":36363,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"LSB Industries, Inc.","title":"LSB Industries, Inc.","isin":"US5021601043","value_usd":641257,"pct_val":1.33,"balance":75442,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Knowles Corp.","title":"Knowles Corp.","isin":"US49926D1090","value_usd":628777.63,"pct_val":1.31,"balance":29341,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Wolverine World Wide, Inc.","title":"Wolverine World Wide, Inc.","isin":"US9780971035","value_usd":592688.25,"pct_val":1.23,"balance":32655,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CNO Financial Group, Inc.","title":"CNO Financial Group, Inc.","isin":"US12621E1038","value_usd":586892.93,"pct_val":1.22,"balance":13819,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Clarus Corp.","title":"Clarus Corp.","isin":"US18270P1093","value_usd":564424.75,"pct_val":1.17,"balance":168485,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Genworth Financial, Inc.","title":"Genworth Financial, Inc. Class A","isin":"US37247D1063","value_usd":563914.47,"pct_val":1.17,"balance":62449,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Nextdoor Holdings, Inc.","title":"Nextdoor Holdings, Inc.","isin":"US65345M1080","value_usd":562205.7,"pct_val":1.17,"balance":267717,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Metallus, Inc.","title":"Metallus, Inc.","isin":"US8873991033","value_usd":558249.12,"pct_val":1.16,"balance":32532,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ciena Corp.","title":"Ciena Corp.","isin":"US1717793095","value_usd":544077.45,"pct_val":1.17,"balance":3735,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Steven Madden, Ltd.","title":"Steven Madden, Ltd.","isin":"US5562691080","value_usd":522665.28,"pct_val":1.09,"balance":12552,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Limoneira Co.","title":"Limoneira Co.","isin":"US5327461043","value_usd":520086.88,"pct_val":1.08,"balance":41195,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Kyndryl Holdings, Inc.","title":"Kyndryl Holdings, Inc.","isin":"US50155Q1004","value_usd":503126.08,"pct_val":1.05,"balance":18943,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Monro, Inc.","title":"Monro, Inc.","isin":"US6102361010","value_usd":465168.48,"pct_val":0.97,"balance":23212,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tetra Technologies, Inc.","title":"Tetra Technologies, Inc.","isin":"US88162F1057","value_usd":416655.79,"pct_val":0.87,"balance":44467,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Research Solutions, Inc.","title":"Research Solutions, Inc.","isin":"US7610251057","value_usd":404244.12,"pct_val":0.84,"balance":137498,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Virtu Financial, Inc.","title":"Virtu Financial, Inc. Class A","isin":"US9282541013","value_usd":399840,"pct_val":0.83,"balance":12000,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Seaboard Corp.","title":"Seaboard Corp.","isin":"US8115431079","value_usd":386699.34,"pct_val":0.8,"balance":87,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ferroglobe plc","title":"Ferroglobe plc","isin":"GB00BYW6GV68","value_usd":372448.16,"pct_val":0.77,"balance":80269,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Veradigm Inc","title":"Veradigm, Inc.","isin":"US01988P1084","value_usd":365092.8,"pct_val":0.76,"balance":76061,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Brixmor Property Group, Inc.","title":"Brixmor Property Group, Inc.","isin":"US11120U1051","value_usd":349355.28,"pct_val":0.73,"balance":13324,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Hillman Solutions Corp.","title":"Hillman Solutions Corp. Class A","isin":"US4316361090","value_usd":339913.66,"pct_val":0.71,"balance":39251,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sanmina Corp.","title":"Sanmina Corp.","isin":"US8010561020","value_usd":330154,"pct_val":0.69,"balance":2200,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Trustco Bank Corp. NY","title":"Trustco Bank Corp. NY","isin":"US8983492047","value_usd":316009.18,"pct_val":0.66,"balance":7646,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Under Armour, Inc.","title":"Under Armour, Inc. Class A","isin":"US9043111072","value_usd":288260,"pct_val":0.6,"balance":58000,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Newell Brands, Inc.","title":"Newell Brands, Inc.","isin":"US6512291062","value_usd":209600,"pct_val":0.45,"balance":40000,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Neogen Corporation","title":"Neogen Corp.","isin":"US6404911066","value_usd":192301.38,"pct_val":0.41,"balance":33678,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Greenlight Capital RE, Ltd.","title":"Greenlight Capital RE, Ltd.","isin":"KYG4095J1094","value_usd":162377.46,"pct_val":0.34,"balance":11137,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Unisys Corp.","title":"Unisys Corp.","isin":"US9092143067","value_usd":125052.84,"pct_val":0.26,"balance":45309,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Abacus Global Management, Inc.","title":"Abacus Global Management, Inc.","isin":"US00258Y1047","value_usd":104444.8,"pct_val":0.25,"balance":20320,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Celestica, Inc.","title":"Celestica, Inc.","isin":"CA15101Q2071","value_usd":11708.25,"pct_val":0.03,"balance":75,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"}],"source_documents":[{"label":"SEC NPORT-P Filings","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1311981&type=NPORT&dateb=&owner=exclude&count=40"}],"dataset":{"json":"https://dealcharts.org/llm/facts/fund/the-adirondack-small-cap-fund.json","page":"https://dealcharts.org/capitalmarkets/funds/the-adirondack-small-cap-fund/"},"provenance":{"curator":"CMD+RVL","curator_url":"https://cmdrvl.com","platform":"Dealcharts","platform_url":"https://dealcharts.org/","source":"SEC NPORT-P Public Filings","license":"CC-BY 4.0","license_url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Data curated by CMD+RVL from SEC NPORT-P public filings"},"citation":"Fund: The Adirondack Small Cap Fund | LEI: 54930083FMYYVP37Z732 | 61 positions totaling $49,244,057 across STIV, EC | Filing: Thu Feb 26 2026 19:00:00 GMT-0500 (Eastern Standard Time) | Source: SEC NPORT-P via Dealcharts.org","updated_at":"2026-02-27"}