SS

Steven Scruggs | QRSIX

Mutual Fund
FPA Queens Road Small Cap Value Fund
Last update 2023-04-20 52 Stocks (1 new)
Value $434.00 Mil Turnover 8 %
Top Holdings: FN(5.59%) SNX(5.25%) IDCC(4.04%) RLI(3.97%) SFBS(3.72%)
Portfolio Report

Steven Scruggs Profile

Steve joined Bragg Financial Advisors (BFA) in 1999 and serves as the Portfolio Manager for the FPA Queens Road Funds. He is the Director of Research for BFA and a member of the Investment Committee. Previously, Steve served as Product Manager for GMAC Insurance and Reliance Insurance Companies.

Steven Scruggs Investing Philosophy

The Queens Road Small Cap Value Fund uses fundamental, bottom-up analysis to construct a diversified portfolio of small-capitalization companies. The fund's research process is built on the principles established by Benjamin Graham to identify companies that are trading at a discount to their intrinsic value. The fund's investing process considers Quantitative & Qualitative Analysis, Balance Sheet, Valuation, Management, Sector and Industry.
Summary Stock Picks Current Portfolio

Steven Scruggs Portfolio and Latest Trades

Type:
Ticker
Company
Date
Action
Impact %
Price Range
Price
Price Change from Avrg%
Comment
Current Shares
Share Change
SJI South Jersey Industries Inc2023-02-28Sold Out
-2.93%
●
35.31 ($35.81) 36.11
$36.09
0.78%
Sold Out
0
-377,898
IAC 		IAC Inc2023-02-28Add
+1.96%
●
44.76 ($52.2) 59.13
$58.03
11.17%
Add 272.03%
225,654
165,000
IAC 		IAC Inc2023-02-28Add
+1.96%
●
44.76 ($52.2) 59.13
$58.03
11.17%
Add 272.03%
225,654
165,000
AAWW 		Atlas Air Worldwide Holdings Inc2023-02-28Sold Out
-1.82%
●
99.08 ($101.6) 102.48
$102.48
0.87%
Sold Out
0
-80,949
MDU 		MDU Resources Group Inc2023-02-28New Buy
+1.61%
●
28.66 ($30.56) 32.08
$20.42
-33.18%
New holding
229,966
229,966
MDU 		MDU Resources Group Inc2023-02-28New Buy
+1.61%
●
28.66 ($30.56) 32.08
$20.42
-33.18%
New holding
229,966
229,966
AEL 		American Equity Investment Life Holding Co2023-02-28Reduce
-1.33%
●
33.09 ($42.51) 47.87
$40.69
-4.28%
Reduce -29.88%
346,132
-147,466
AEL 		American Equity Investment Life Holding Co2023-02-28Reduce
-1.33%
●
33.09 ($42.51) 47.87
$40.69
-4.28%
Reduce -29.88%
346,132
-147,466
MTZ 		MasTec Inc2023-02-28Reduce
-1.22%
●
86.27 ($95.07) 102.38
$105.63
11.11%
Reduce -27.7%
157,242
-60,242
MTZ 		MasTec Inc2023-02-28Reduce
-1.22%
●
86.27 ($95.07) 102.38
$105.63
11.11%
Reduce -27.7%
157,242
-60,242
UNFI 		United Natural Foods Inc2023-02-28Add
+0.61%
●
22.59 ($36.45) 43.77
$27.44
-24.72%
Add 40.5%
351,782
101,411
UNFI 		United Natural Foods Inc2023-02-28Add
+0.61%
●
22.59 ($36.45) 43.77
$27.44
-24.72%
Add 40.5%
351,782
101,411
OSK 		Oshkosh Corp2023-02-28Add
+0.48%
●
77.13 ($90.74) 106.02
$81.80
-9.85%
Add 20.73%
145,597
25,000
OSK 		Oshkosh Corp2023-02-28Add
+0.48%
●
77.13 ($90.74) 106.02
$81.80
-9.85%
Add 20.73%
145,597
25,000
DAR 		Darling Ingredients Inc2023-02-28Add
+0.47%
●
52.9 ($62.86) 68.47
$64.06
1.91%
Add 28.14%
159,398
35,000
DAR 		Darling Ingredients Inc2023-02-28Add
+0.47%
●
52.9 ($62.86) 68.47
$64.06
1.91%
Add 28.14%
159,398
35,000
ESGR 		Enstar Group Ltd2023-02-28Add
+0.37%
●
218.57 ($236.81) 246.97
$256.00
8.10%
Add 87.88%
14,848
6,945
ESGR 		Enstar Group Ltd2023-02-28Add
+0.37%
●
218.57 ($236.81) 246.97
$256.00
8.10%
Add 87.88%
14,848
6,945
CSGS 		CSG Systems International Inc2023-02-28Add
+0.33%
●
50.24 ($56.88) 61.92
$50.85
-10.60%
Add 17.19%
182,967
26,845
CSGS 		CSG Systems International Inc2023-02-28Add
+0.33%
●
50.24 ($56.88) 61.92
$50.85
-10.60%
Add 17.19%
182,967
26,845
UGI 		UGI Corp2023-02-28Add
+0.32%
●
32.68 ($37.91) 42.62
$28.06
-25.98%
Add 12.74%
354,075
40,000
UGI 		UGI Corp2023-02-28Add
+0.32%
●
32.68 ($37.91) 42.62
$28.06
-25.98%
Add 12.74%
354,075
40,000
SCHL 		Scholastic Corp2023-02-28Add
+0.29%
●
32.12 ($42.62) 46.69
$43.87
2.93%
Add 17.38%
251,313
37,204
SCHL 		Scholastic Corp2023-02-28Add
+0.29%
●
32.12 ($42.62) 46.69
$43.87
2.93%
Add 17.38%
251,313
37,204
VSH 		Vishay Intertechnology Inc2023-02-28Add
+0.26%
●
20.77 ($21.98) 24.28
$26.56
20.84%
Add 11.25%
494,634
50,000
VSH 		Vishay Intertechnology Inc2023-02-28Add
+0.26%
●
20.77 ($21.98) 24.28
$26.56
20.84%
Add 11.25%
494,634
50,000
LTHM 		Livent Corp2023-02-28Add
+0.25%
●
18.97 ($23.12) 27.39
$25.06
8.39%
Add 29.51%
219,440
50,000
LTHM 		Livent Corp2023-02-28Add
+0.25%
●
18.97 ($23.12) 27.39
$25.06
8.39%
Add 29.51%
219,440
50,000
CNO 		CNO Financial Group Inc2023-02-28Add
+0.24%
●
20.96 ($23.9) 26.11
$23.01
-3.72%
Add 12.22%
431,791
47,036
CNO 		CNO Financial Group Inc2023-02-28Add
+0.24%
●
20.96 ($23.9) 26.11
$23.01
-3.72%
Add 12.22%
431,791
47,036
SFM 		Sprouts Farmers Market Inc2023-02-28Add
+0.24%
●
30.12 ($32.36) 35.03
$33.06
2.16%
Add 16.11%
216,198
30,000
SFM 		Sprouts Farmers Market Inc2023-02-28Add
+0.24%
●
30.12 ($32.36) 35.03
$33.06
2.16%
Add 16.11%
216,198
30,000
SYNA 		Synaptics Inc2023-02-28Add
+0.14%
●
92.58 ($115.26) 139.84
$82.75
-28.21%
Add 6.41%
92,006
5,546
SYNA 		Synaptics Inc2023-02-28Add
+0.14%
●
92.58 ($115.26) 139.84
$82.75
-28.21%
Add 6.41%
92,006
5,546
CNXC 		Concentrix Corp2023-02-28Add
+0.12%
●
117.63 ($135.8) 151.4
$89.69
-33.95%
Add 4.27%
108,309
4,437
CNXC 		Concentrix Corp2023-02-28Add
+0.12%
●
117.63 ($135.8) 151.4
$89.69
-33.95%
Add 4.27%
108,309
4,437
AX 		Axos Financial Inc2023-02-28Add
+0.04%
●
34 ($43.14) 51.14
$41.34
-4.17%
Add 5.1%
100,494
4,879
AX 		Axos Financial Inc2023-02-28Add
+0.04%
●
34 ($43.14) 51.14
$41.34
-4.17%
Add 5.1%
100,494
4,879
GIII 		G-III Apparel Group Ltd2023-02-28Add
+0.03%
●
13.97 ($15.67) 17.22
$16.84
7.47%
Add 2.11%
348,636
7,220
KBAL 		Kimball International Inc2023-02-28Add
+0.02%
●
6.69 ($8.61) 12.58
$12.30
42.86%
Add 2.51%
248,837
6,087
KBAL 		Kimball International Inc2023-02-28Add
+0.02%
●
6.69 ($8.61) 12.58
$12.30
42.86%
Add 2.51%
248,837
6,087
ESAB 		ESAB Corp2023-02-28Sold Out
-0.02%
●
48.51 ($57.28) 61.8
$63.08
10.13%
Sold Out
0
-1,941
UPBD 		Upbound Group Inc2023-02-28Add
0%
●
22.23 ($25.74) 29.99
$32.96
28.05%
Add 0.28%
150,418
418
UPBD 		Upbound Group Inc2023-02-28Add
0%
●
22.23 ($25.74) 29.99
$32.96
28.05%
Add 0.28%
150,418
418
SFBS 		Servisfirst Bancshares Inc2023-02-28Reduce
0%
●
53.41 ($67.03) 74.27
$45.01
-32.85%
Reduce -0.08%
296,123
-241
SFBS 		Servisfirst Bancshares Inc2023-02-28Reduce
0%
●
53.41 ($67.03) 74.27
$45.01
-32.85%
Reduce -0.08%
296,123
-241
CNO 		CNO Financial Group Inc2022-11-30Reduce
-1.04%
●
17.72 ($20.23) 23.48
$23.01
13.74%
Reduce -38.92%
384,755
-245,180
SYNA 		Synaptics Inc2022-11-30Reduce
-0.96%
●
82.54 ($99.6) 122.23
$82.75
-16.92%
Reduce -29.4%
86,460
-36,000
UPBD 		Rent-A-Center Inc2022-11-30New Buy
+0.81%
●
17.28 ($21.85) 26.93
$32.96
50.85%
New holding
150,000
150,000
QRVO 		Qorvo Inc2022-11-30Reduce
-0.78%
●
78.34 ($87.5) 99.25
$98.04
12.05%
Reduce -55.05%
30,601
-37,479
EQC 		Equity Commonwealth2022-11-30Reduce
-0.65%
●
23.95 ($25.72) 27.25
$20.69
-19.56%
Reduce -54.91%
88,505
-107,801
FN 		Fabrinet2022-11-30Add
+0.60%
●
91.08 ($108.72) 133.41
$114.90
5.68%
Add 10.85%
204,357
20,000
UGI 		UGI Corp2022-11-30Add
+0.52%
●
31.76 ($35.79) 40.84
$28.06
-21.60%
Add 23.86%
314,075
60,500
SNX 		TD Synnex Corp2022-11-30Add
+0.50%
●
81.19 ($91.6) 103.07
$92.22
0.68%
Add 10.13%
235,369
21,657
CSGS 		CSG Systems International Inc2022-11-30Reduce
-0.45%
●
52.44 ($57.97) 65.01
$50.85
-12.28%
Reduce -17.84%
156,122
-33,908
AEL 		American Equity Investment Life Holding Co2022-11-30Reduce
-0.44%
●
32.99 ($38.63) 43.08
$40.69
5.33%
Reduce -9.2%
493,598
-50,000
HMN 		Horace Mann Educators Corp2022-11-30Reduce
-0.36%
●
35.03 ($37.29) 39.67
$31.20
-16.33%
Reduce -10.48%
373,108
-43,668
UNFI 		United Natural Foods Inc2022-11-30Add
+0.35%
●
33.54 ($41.58) 47.68
$27.44
-34.01%
Add 14.87%
250,371
32,417
OMI 		Owens & Minor Inc2022-11-30Reduce
-0.34%
●
15.1 ($21.62) 29.51
$21.33
-1.34%
Reduce -20.69%
192,859
-50,306
THS 		Treehouse Foods Inc2022-11-30Add
+0.32%
●
40.98 ($46.38) 50.58
$48.81
5.24%
Add 27.27%
136,116
29,168
CNXC 		Concentrix Corp2022-11-30Add
+0.30%
●
109.76 ($119.72) 129.22
$89.69
-25.08%
Add 11.75%
103,872
10,922
MATV 		Mativ Holdings Inc2022-11-30Reduce
-0.28%
●
18.97 ($22.89) 25.77
$15.94
-30.36%
Reduce -18.11%
231,233
-51,152
OSK 		Oshkosh Corp2022-11-30Reduce
-0.28%
●
70.29 ($82.21) 93.74
$81.80
-0.50%
Reduce -11.06%
120,597
-15,000
PVH 		PVH Corp2022-11-30Reduce
-0.28%
●
44.8 ($53.59) 67.18
$77.64
44.88%
Reduce -13.87%
136,226
-21,940
IAC 		IAC Inc2022-11-30Add
+0.24%
●
43.87 ($53.21) 69.77
$58.03
9.06%
Add 51.05%
60,654
20,500
SCHL 		Scholastic Corp2022-11-30Add
+0.18%
●
29.08 ($37.92) 47.41
$43.87
15.69%
Add 10.3%
214,109
20,000
SFM 		Sprouts Farmers Market Inc2022-11-30Add
+0.18%
●
26.36 ($29.38) 34.33
$33.06
12.53%
Add 14.25%
186,198
23,218
ESAB 		ESAB Corp2022-11-30Reduce
-0.14%
●
32.59 ($38.51) 47.34
$63.08
63.80%
Reduce -88.56%
1,941
-15,033
ARW 		Arrow Electronics Inc2022-08-31Add
+1.09%
●
104.81 ($114.77) 128.17
$128.79
12.22%
Add 143.81%
76,065
44,866
UGI 		UGI Corp2022-08-31Add
+1.07%
●
37.65 ($40.78) 44.54
$28.06
-31.19%
Add 86.44%
253,575
117,564
DAR 		Darling Ingredients Inc2022-08-31Add
+1.03%
●
56.81 ($69.7) 87.18
$64.06
-8.09%
Add 88.95%
124,398
58,560
CNXC 		Concentrix Corp2022-08-31Add
+0.79%
●
123.67 ($137.14) 161.86
$89.69
-34.60%
Add 41.06%
92,950
27,055
CFG 		Citizens Financial Group Inc2022-08-31Sold Out
-0.75%
●
34.93 ($37.45) 41.09
$27.79
-25.79%
Sold Out
0
-77,454
QRVO 		Qorvo Inc2022-08-31Add
+0.52%
●
89.78 ($101.51) 113.36
$98.04
-3.42%
Add 58.03%
68,080
25,000
AAWW 		Atlas Air Worldwide Holdings Inc2022-08-31Add
+0.48%
●
59.05 ($77.44) 100.64
$102.48
32.33%
Add 34.25%
80,949
20,654
AEL 		American Equity Investment Life Holding Co2022-08-31Reduce
-0.47%
●
33.83 ($37.85) 42.64
$40.69
7.50%
Reduce -8.42%
543,598
-50,000
AX 		Axos Financial Inc2022-08-31Reduce
-0.45%
●
34.31 ($39.83) 47.52
$41.34
3.79%
Reduce -34.34%
95,615
-50,007
IAC 		IAC Inc2022-08-31Add
+0.37%
●
63.87 ($75.64) 90.11
$58.03
-23.28%
Add 164.97%
40,154
25,000
FN 		Fabrinet2022-08-31Add
+0.36%
●
75.5 ($91.21) 117.35
$114.90
25.97%
Add 8.91%
184,357
15,085
ESGR 		Enstar Group Ltd2022-08-31New Buy
+0.35%
●
188.7 ($203.16) 226.57
$256.00
26.01%
New holding
7,903
7,903
OMI 		Owens & Minor Inc2022-08-31Add
+0.34%
●
29.51 ($32.81) 36.64
$21.33
-34.99%
Add 25.88%
243,165
50,000
MTG 		MGIC Investment Corp2022-08-31Add
+0.33%
●
11.42 ($13.69) 15.56
$15.56
13.66%
Add 20.2%
595,000
100,000
SYNA 		Synaptics Inc2022-08-31Add
+0.28%
●
114.06 ($131.81) 154.13
$82.75
-37.22%
Add 9.43%
122,460
10,549
PVH 		PVH Corp2022-08-31Add
+0.26%
●
55.12 ($63.07) 72.47
$77.64
23.10%
Add 14.48%
158,166
20,000
GIII 		G-III Apparel Group Ltd2022-08-31Add
+0.24%
●
19.77 ($22.51) 27.36
$16.84
-25.19%
Add 17.16%
341,416
50,000
CSGS 		CSG Systems International Inc2022-08-31Add
+0.15%
●
55.03 ($59.57) 65.73
$50.85
-14.64%
Add 6.06%
190,030
10,864
HMN 		Horace Mann Educators Corp2022-08-31Add
+0.10%
●
32.74 ($36.31) 39.52
$31.20
-14.07%
Add 3.07%
416,776
12,398
UNFI 		United Natural Foods Inc2022-08-31Add
+0.06%
●
37.86 ($42.64) 48
$27.44
-35.65%
Add 2.75%
217,954
5,833
VSH 		Vishay Intertechnology Inc2022-08-31Add
+0.04%
●
17.22 ($19.55) 21.51
$26.56
35.86%
Add 1.91%
444,634
8,327
CRD.B 		Crawford & Co2022-08-31Sold Out
-0.01%
●
5.9 ($6.84) 7.55
$9.00
31.58%
Sold Out
0
-4,051
ANAT American National Group Inc2022-05-31Sold Out
-2.29%
●
188.39 ($189.1) 190.02
$190.02
0.49%
Sold Out
0
-54,054
SNX 		TD Synnex Corp2022-05-31Add
+1.71%
●
95.19 ($102.72) 114.03
$92.22
-10.22%
Add 48.71%
213,712
70,000
MATV 		Mativ Holdings Inc2022-05-31Reduce
-0.95%
●
25.16 ($27.43) 30.61
$15.94
-41.89%
Reduce -35.46%
282,385
-155,180
SYNA 		Synaptics Inc2022-05-31Add
+0.90%
●
132.14 ($174.57) 234.31
$82.75
-52.60%
Add 30.26%
111,911
26,000
ISBC Investors Bancorp Inc2022-05-31Sold Out
-0.87%
●
13.87 ($15.34) 16.3
$13.87
-9.58%
Sold Out
0
-260,790
CFG 		Citizens Financial Group Inc2022-05-31New Buy
+0.75%
●
37.7 ($42.99) 50.34
$27.79
-35.36%
New holding
77,454
77,454
AX 		Axos Financial Inc2022-05-31Reduce
-0.61%
●
34.86 ($42.04) 50.15
$41.34
-1.67%
Reduce -28.67%
145,622
-58,517
OSK 		Oshkosh Corp2022-05-31Add
+0.60%
●
87.29 ($98.15) 109.46
$81.80
-16.66%
Add 25.48%
135,597
27,536
MTZ 		MasTec Inc2022-05-31Add
+0.48%
●
71.94 ($80.21) 88.58
$105.63
31.69%
Add 12.7%
217,484
24,500
UNF 		UniFirst Corp2022-05-31Reduce
-0.40%
●
158.06 ($172.09) 190.4
$176.39
2.50%
Reduce -47.39%
10,760
-9,692
100/Page
Total 153
  • 1
  • 2

Steven Scruggs News

  • 1
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Buffett Assets Allocation
Company
About GuruFocus Career Contact Us ETF ADV Part 2A ADV Part 2B ADV Part 3 Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.
© 2004-2023 GuruFocus.com, LLC. All Rights Reserved.