Trigran Investments provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions. The firm advises 2 private funds.
Trigran Investments reports 2 clients. They include 2 pooled investment vehicles. Of its assets, 100.0% ($533M across 14 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | Fewer than 5 | 3% |
| Pooled investment vehicles | 100% | 89% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Other | Fewer than 5 | 8% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | Fewer than 5 | $16.5M | 3.1% | — |
| Pooled investment vehicles | 2 | $472M | 88.6% | $236M |
| Pension and profit-sharing plans | Fewer than 5 | $760K | 0.1% | — |
| Other | Fewer than 5 | $43.5M | 8.2% | — |
| Total | 2 | $533M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $16.5M
- AUM share
- 3.1%
- Avg. per client
- —
- Clients
- 2
- Regulatory AUM
- $472M
- AUM share
- 88.6%
- Avg. per client
- $236M
- Clients
- Fewer than 5
- Regulatory AUM
- $760K
- AUM share
- 0.1%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $43.5M
- AUM share
- 8.2%
- Avg. per client
- —
Total
- Clients
- 2
- Regulatory AUM
- $533M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 2
Trigran Investments is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Douglas Granat owns 50% to 75% of Trigran Investments. The leadership team of Trigran Investments includes President Douglas Granat and Chief Compliance Officer Bradley Simon. It has 9 employees, 7 of them in advisory roles.
Leadership
- Douglas GranatDirector/President
- Steven MoniesonVice President
- Lawrence ObermanDirector/Executive Vice President
- Steven SimonDirector/Vice President
- Bradley SimonChief Compliance Officer
Staff
- 9 employees
- 7 in advisory functions
- Owns 50% to 75% of Trigran Investments, Inc.
Douglas Granat
Control person · since June 1992
- Owns 50% to 75% of Trigran Investments, Inc.
Douglas Granat Revocable Trust U/T/A Dated July 20, 1999
Control person · since November 2003
- Owns 25% to 50% of Trigran Investments, Inc.
Lawrence Oberman
Control person · since June 1993
- Owns 25% to 50% of Trigran Investments, Inc.
Lawrence Oberman Revocable Trust U/T/A Dated August 8, 2000
Control person · since November 2003
- Owns 10% to 25% of Trigran Investments, Inc.
Steven Simon
Control person · since January 2003
- Owns 10% to 25% of Trigran Investments, Inc.
Steve Simon Revocable Trust U/A/D October 15, 2007
Control person · since January 2008
Monieson, Steven, Ross
Trustee of The Steven Gift Trust · Control person · since November 1988
Bradley Simon
Trustee of Bradley F. Simon Revocable Trust · Control person · since June 2021
Trigran Investments’ regulatory assets fell from $916M (March 2021) to $533M (March 2026); clients were 2 in both filings and employees rose from 8 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $533M | 2 | 9 | 3 |
| March 2025 | $955M | 2 | 9 | 3 |
| April 2024 | $1.14B | 2 | 10 | 3 |
| April 2023 | $1.11B | 2 | 10 | 3 |
| March 2022 | $1.19B | 2 | 10 | 3 |
| March 2021 | $916M | 2 | 8 | 3 |
Besides its headquarters, Trigran Investments has 2 offices (1 private residence, listed without an address), with 2 listed addresses in Colorado and Illinois.
Colorado · 1 listed address
- 6654 Gunpark Drive, Boulder
Illinois · 1 listed address
- 630 Dundee Road, Suite 230, NorthbrookHQ
Contact and registration details
- Legal name
- Trigran Investments, Inc.
- Headquarters
- 630 Dundee Road, Suite 230, Northbrook, IL 60062
- Website
- trigraninc.com
- Phone
- 847-656-1640
- @trigran-investments-inc
- SEC file
- 801-72437
- Structure
- Illinois corporation
- Fiscal year end
- December
Trigran Investments uses Comerica Bank ($35.9M, 66%), Bmo Bank National Association ($9.94M, 18%) and The Northern Trust ($8.4M, 15%) as custodians for its separately managed accounts. Trigran Investments has custody of $533M in client assets for 2 clients.
- The Northern TrustThe Northern Trust Company · Chicago, IL · $8.4M15%
- Comerica BankComerica Bank · Detroit, MI · $35.9M66%
- Bmo Bank National AssociationBmo Bank National Association · Chicago, IL · $9.94M18%
At year end, Trigran Investments’ separately managed accounts were mostly in stocks (91%). Its reported 13F holdings for the quarter ended 30 June 2026 total $545M across 17 positions; the largest are Materion Corp. (12.0%), Enpro Inc. (10.8%) and Synaptics Inc. (9.0%).
What the accounts hold
- Stocks91%
- Bonds2%
- Cash7%
Reported 13F holdings
- $545M
- Reported 13F value
- 17
- Positions
- 80.0%
- In the 10 largest
- +30.4%
- Value vs. prior quarter
- Materion Corp.12.0%
- Enpro Inc.10.8%
- Synaptics Inc.9.0%
- Extreme Networks Inc.8.9%
- Gentherm Inc.7.3%
- Sonos Inc.7.1%
- Hayward Hldgs Inc.7.1%
- Red Violet Inc.7.0%
- Harmonic Inc.5.7%
- Barrett Business Svcs Inc.5.1%
Together, the ten largest are 80.0% of reported value.
How many clients does Trigran Investments have?
Trigran Investments has 2 clients and manages $533 million for them, as of March 2026. They include 2 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Trigran Investments offer?
Trigran Investments provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Trigran Investments use?
Trigran Investments’ separately managed account assets are held at Comerica Bank (Detroit, MI), with $35.9M, Bmo Bank National Association (Chicago, IL), with $9.94M and The Northern Trust Company (Chicago, IL), with $8.4M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Trigran Investments have?
Trigran Investments has 0 investment adviser representatives registered with state securities authorities, out of 9 employees, and 7 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Trigran Investments invest in?
At the end of its last fiscal year, Trigran Investments’ separately managed accounts held 91% exchange-traded equities, 7% cash and equivalents and 2% state and local bonds. It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Trigran Investments?
Trigran Investments’ direct owners are Lawrence Oberman (25% to 50%), Douglas Granat (50% to 75%), Steven Simon (10% to 25%), Douglas Granat Revocable Trust U/T/A Dated July 20, 1999 (50% to 75%), Lawrence Oberman Revocable Trust U/T/A Dated August 8, 2000 (25% to 50%) and Steve Simon Revocable Trust U/A/D October 15, 2007 (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Trigran Investments get paid?
Trigran Investments is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Trigran Investments?
Trigran Investments’ main office is at 630 Dundee Road, Suite 230, Northbrook, IL 60062. Its phone number is 847-656-1640. Its website is trigraninc.com.