PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.

Nature's Sunshine Products appears with the same share count as last quarter: 1,783,097. That trivial-looking constant is the tell. In a 263-name, $1.00 billion book that otherwise rotates, Prescott Group Capital Management is willing to let a micro-cap nutrition company sit as the largest single-stock position at $42.8 million (4.3%) without touching a share. Diebold Nixdorf shows the same immobility: 368,173 shares still, now $27.8 million (2.8%). Roughly thirty lines in the change summary are marked unchanged—this is a book that edits around a stubborn private-market-style core.

Cash was the trade