Bernard Horn's portfolio
In the Q3 2026 13F, filed October 21, 2026, Polaris Capital Management reported 86 US stock positions worth $953M. The largest was Popular (BPOP) at 8.3% of the portfolio. New positions: Regeneron Pharmaceuticals (REGN), Genpact (G) and Waystar Holding (WAY). Added to: Linde (LIN) and Cytokinetics (CYTK). The Q4 2026 13F is due by February 14, 2027.
What changed in Q3 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
New positions
- Regeneron PharmaceuticalsREGN$19M
- GenpactG$18M
- Waystar HoldingWAY$2M
- HCIHCI$1M
Added to
- LindeLIN$47M
- CytokineticsCYTK$23M
- PDDPDD$3M
- Barrett Business ServicesBBSI$2M
- BeldenBDC$2M
- Aura MineralsAUGO$1M
Trimmed
- PopularBPOP$79M
- Jazz PharmaceuticalsJAZZ$74M
- Smurfit WestRockSW$66M
- Arrow ElectronicsARW$42M
- Marathon PetroleumMPC$34M
- CVS HealthCVS$30M
- JPMorgan Chase & CoJPM$29M
- SLMSLM$23M
- IngredionINGR$21M
- Cullen/Frost BankersCFR$19M
Sold out
None this quarter.
Holdings
86 US-listed positions in the Q3 2026 13F, largest first (top 50 shown; all of them in Investingly).
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| PopularBPOP | 8.27% | $79M | 506,941 | Trimmed |
| Jazz PharmaceuticalsJAZZ | 7.78% | $74M | 320,466 | Trimmed |
| Smurfit WestRockSW | 6.89% | $66M | 1,490,202 | Trimmed |
| LindeLIN | 4.97% | $47M | 99,816 | Added |
| Arrow ElectronicsARW | 4.39% | $42M | 184,200 | Trimmed |
| Lantheus | 4.13% | $39M | 395,900 | Held |
| Marathon PetroleumMPC | 3.59% | $34M | 86,482 | Trimmed |
| CVS HealthCVS | 3.11% | $30M | 345,600 | Trimmed |
| JPMorgan Chase & CoJPM | 3.00% | $29M | 86,391 | Trimmed |
| United Therapeutics | 2.78% | $27M | 48,950 | Held |
| SLMSLM | 2.45% | $23M | 1,030,800 | Trimmed |
| CytokineticsCYTK | 2.39% | $23M | 346,100 | Added |
| IngredionINGR | 2.20% | $21M | 218,600 | Trimmed |
| International Bancshares | 2.19% | $21M | 305,400 | Held |
| Cullen/Frost BankersCFR | 2.01% | $19M | 125,300 | Trimmed |
| Regeneron PharmaceuticalsREGN | 1.99% | $19M | 25,040 | New |
| AdobeADBE | 1.92% | $18M | 76,160 | Trimmed |
| Allison TransmissionALSN | 1.85% | $18M | 155,600 | Trimmed |
| GenpactG | 1.85% | $18M | 541,200 | New |
| AbbVieABBV | 1.82% | $17M | 66,394 | Trimmed |
| BookingBKNG | 1.78% | $17M | 104,200 | Trimmed |
| ChubbCB | 1.75% | $17M | 51,458 | Trimmed |
| Elevance HealthELV | 1.68% | $16M | 41,124 | Trimmed |
| Eastman Chemical | 1.67% | $16M | 245,300 | Held |
| General DynamicsGD | 1.64% | $16M | 47,227 | Trimmed |
| Williams Cos | 1.64% | $16M | 230,200 | Held |
| M&T BankMTB | 1.62% | $15M | 70,900 | Trimmed |
| Nextera EnergyNEE | 1.52% | $14M | 191,257 | Trimmed |
| Tyson FoodsTSN | 1.45% | $14M | 273,200 | Trimmed |
| Capital One Financial | 1.37% | $13M | 67,720 | Held |
| Gaming & Leisure PropertiesGLPI | 0.82% | $8M | 205,000 | Trimmed |
| Nomad FoodsNOMD | 0.73% | $7M | 674,200 | Trimmed |
| LKQLKQ | 0.62% | $6M | 259,600 | Trimmed |
| Northeast BancorpNBN | 0.58% | $5M | 44,400 | Trimmed |
| OFG BancorpOFG | 0.56% | $5M | 107,500 | Trimmed |
| South Plains FinancialSPFI | 0.53% | $5M | 121,000 | Trimmed |
| HomeTrust BancsharesHTB | 0.49% | $5M | 103,200 | Trimmed |
| City HoldingCHCO | 0.33% | $3M | 22,295 | Held |
| Bar Harbor BanksharesBHB | 0.32% | $3M | 79,900 | Held |
| Business First BancsharesBFST | 0.31% | $3M | 98,200 | Held |
| Commercial BancgroupCBK | 0.31% | $3M | 93,900 | Trimmed |
| Peoples BancorpPEBO | 0.31% | $3M | 79,800 | Held |
| SouthState BankSSB | 0.30% | $3M | 29,161 | Held |
| Independent BankINDB | 0.29% | $3M | 35,239 | Held |
| PDDPDD | 0.29% | $3M | 35,000 | Added |
| CVR EnergyCVI | 0.28% | $3M | 52,000 | Trimmed |
| AvnetAVT | 0.27% | $3M | 26,000 | Trimmed |
| ePlus incPLUS | 0.26% | $2M | 27,700 | Held |
| Applied Industrial TechnologiesAIT | 0.25% | $2M | 7,200 | Held |
| Waystar HoldingWAY | 0.25% | $2M | 93,500 | New |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Bernard Horn own?
In the Q3 2026 13F, Polaris Capital Management reported 86 US stock positions worth $953M. The largest: Popular (BPOP) 8.3%, Jazz Pharmaceuticals (JAZZ) 7.8%, Smurfit WestRock (SW) 6.9%, Linde (LIN) 5.0%, Arrow Electronics (ARW) 4.4%.
What did Bernard Horn buy last quarter?
In Q3 2026: new position in Regeneron Pharmaceuticals (REGN); new position in Genpact (G); new position in Waystar Holding (WAY); added to Linde (LIN); added to Cytokinetics (CYTK); added to PDD (PDD).
What did Bernard Horn sell last quarter?
In Q3 2026: cut Popular (BPOP); cut Jazz Pharmaceuticals (JAZZ); cut Smurfit WestRock (SW).
When is Bernard Horn's next 13F?
13F filings are due 45 days after each quarter ends. The Q4 2026 filing is due by February 14, 2027.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash, bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.