Medina Value Partners, LLC

Background

Medina Value Partners, LLC is a U.S.-based investment manager operating in the small-cap value space. The firm runs a concentrated equity book — 69 holdings as of the latest filing — with a clear preference for undervalued industrial and cyclical names that tend to sit well outside the large-cap universe tracked by most ETF-oriented investors. Its one-year return of +54.6% and alpha of +36.9% against the S&P 500 place it firmly in the performance bucket among 13F filers tracked on this platform. Beyond the headline numbers, the manager's distinguishing characteristic is willingness to take meaningful position-level risk: double-digit allocations to single names are not unusual, which separates Medina from the diluted, quasi-index approaches common among smaller institutional filers.

Current Portfolio Signal

The portfolio's top holding is Thermon Group Holdings (THR) at 10.2%, followed by Kennametal (KMT) at 8.4% — together, those two names represent nearly one-fifth of disclosed assets. The top five positions — THR, KMT, MSC Industrial Direct (MSM) at 5.6%, Greif (GEF) at 5.3%, and Aptiv (APTV) at 5.2% — account for roughly 35% of the book. That concentration is deliberate and atypical: most ETFs tracking small- or mid-cap value spread risk far more thinly.…