{"url":"https://nivawealth.com/firms/trigran-investments-155200","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/155200","regulatoryAum":533193505,"crd":"155200","history":[{"filedOn":"2021-03-29","regulatoryAum":915543160,"clients":2,"employees":8,"offices":3},{"filedOn":"2022-03-24","regulatoryAum":1190758123,"clients":2,"employees":10,"offices":3},{"filedOn":"2023-04-12","regulatoryAum":1111711656,"clients":2,"employees":10,"offices":3},{"filedOn":"2024-04-17","regulatoryAum":1143305769,"clients":2,"employees":10,"offices":3},{"filedOn":"2025-03-27","regulatoryAum":954720913,"clients":2,"employees":9,"offices":3},{"filedOn":"2026-03-27","regulatoryAum":533193505,"clients":2,"employees":9,"offices":3}],"secFileNumber":"801-72437","legalName":"Trigran Investments, Inc.","displayName":"Trigran Investments","slug":"trigran-investments-155200","website":"https://trigraninc.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/trigran-investments-inc/","founded":null,"organization":"Illinois corporation","fiscalYearEnd":"December","headquarters":{"street":"630 Dundee Road, Suite 230","city":"Northbrook","state":"IL","stateName":"Illinois","country":"United States","postalCode":"60062"},"tradeNames":[],"registration":{"secApproved":"22 June 2011","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":9,"advisory":7,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":533193505,"discretionary":533193505,"discretionaryAccounts":14,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":null,"fewerThan5":true,"regulatoryAum":16475967},{"label":"Pooled investment vehicles","clients":2,"regulatoryAum":472456980},{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":759623},{"label":"Other","clients":null,"fewerThan5":true,"regulatoryAum":43500935}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"The Northern Trust Company","shortName":"The Northern Trust","location":"Chicago, IL","smaAssets":8397232},{"name":"Comerica Bank","shortName":"Comerica Bank","location":"Detroit, MI","smaAssets":35863326},{"name":"Bmo Bank National Association","shortName":"Bmo Bank National Association","location":"Chicago, IL","smaAssets":9938922}],"custodyNote":"Trigran Investments has custody of $533M in client assets for 2 clients.","otherCustodians":[],"leadership":[{"name":"Douglas Granat","title":"Director/President","crd":"5874406"},{"name":"Steven Monieson","title":"Vice President","crd":"3090241"},{"name":"Lawrence Oberman","title":"Director/Executive Vice President","crd":"5874407"},{"name":"Steven Simon","title":"Director/Vice President","crd":"5874409"},{"name":"Bradley Simon","title":"Chief Compliance Officer","crd":"5874390"}],"ownership":[{"label":"Lawrence Oberman","detail":"Director/executive vice president in the 25% to 50% ownership band and a control person, since June 1993. Also trustee of Lawrence Oberman Revocable Trust U/T/A Dated August 8, 2000 and a control person, since August 2000."},{"label":"Douglas Granat","detail":"Director/president in the 50% to 75% ownership band and a control person, since June 1992. Also trustee of Douglas Granat Revocable Trust U/T/A Dated July 20, 1999 and a control person, since July 1999."},{"label":"Steven Simon","detail":"Director/vice president in the 10% to 25% ownership band and a control person, since January 2003. Also trustee of Steve Simon Revocable Trust U/A/D October 15, 2007 and a control person, since October 2007."},{"label":"Douglas Granat Revocable Trust U/T/A Dated July 20, 1999","detail":"Shareholder in the 50% to 75% ownership band and a control person, since November 2003."},{"label":"Lawrence Oberman Revocable Trust U/T/A Dated August 8, 2000","detail":"Shareholder in the 25% to 50% ownership band and a control person, since November 2003."},{"label":"Steve Simon Revocable Trust U/A/D October 15, 2007","detail":"Shareholder in the 10% to 25% ownership band and a control person, since January 2008."},{"label":"Monieson, Steven, Ross","detail":"Indirect owner: trustee of The Steven Gift Trust and a control person, since November 1988.","parent":"The Steven Gift Trust"},{"label":"Bradley Simon","detail":"Indirect owner: trustee of Bradley F. Simon Revocable Trust and a control person, since June 2021.","parent":"Bradley F. Simon Revocable Trust"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":1},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Colorado","offices":1,"addresses":[{"street":"6654 Gunpark Drive","city":"Boulder"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"630 Dundee Road, Suite 230","city":"Northbrook","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"847-656-1640","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":91},{"label":"U.S. state and local bonds","percent":2},{"label":"Cash and cash equivalents","percent":7}],"privateFunds":2},"sources":{"adv1FilingDate":"27 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/155200/PDF/155200.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Trigran Investments have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Trigran Investments offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Trigran Investments use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Trigran Investments have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Trigran Investments invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Trigran Investments?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Trigran Investments get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Trigran Investments?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/trigran-investments-155200/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-12","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1336800/000106299326004214/0001062993-26-004214-index.html","totalValue":545280339,"positionCount":17,"top10Share":0.8000980281080701,"top10":[{"issuer":"MATERION CORP","titleOfClass":"COM","cusip":"576690101","value":65389221,"shares":219877,"shareType":"SH","priorValue":48310930,"priorShares":333985},{"issuer":"ENPRO INC","titleOfClass":"COM","cusip":"29355X107","value":58978991,"shares":156472,"shareType":"SH","priorValue":42621278,"priorShares":170043},{"issuer":"SYNAPTICS INC","titleOfClass":"COM","cusip":"87157D109","value":49057558,"shares":394893,"shareType":"SH","priorValue":45925998,"priorShares":655711},{"issuer":"EXTREME NETWORKS INC","titleOfClass":"COM","cusip":"30226D106","value":48792110,"shares":1507325,"shareType":"SH","priorValue":42938540,"priorShares":2847370},{"issuer":"GENTHERM INC","titleOfClass":"COM","cusip":"37253A103","value":39711066,"shares":1164206,"shareType":"SH","priorValue":37457691,"priorShares":1348369},{"issuer":"SONOS INC","titleOfClass":"COM","cusip":"83570H108","value":38735240,"shares":2862915,"shareType":"SH","priorValue":33354784,"priorShares":2489163},{"issuer":"HAYWARD HLDGS INC","titleOfClass":"COM","cusip":"421298100","value":38731869,"shares":2237543,"shareType":"SH","priorValue":28581058,"priorShares":2136103},{"issuer":"RED VIOLET INC","titleOfClass":"COM","cusip":"75704L104","value":38242769,"shares":600169,"shareType":"SH","priorValue":20972997,"priorShares":606156},{"issuer":"HARMONIC INC","titleOfClass":"COM","cusip":"413160102","value":30991695,"shares":1897838,"shareType":"SH","priorValue":28887178,"priorShares":3216835},{"issuer":"BARRETT BUSINESS SVCS INC","titleOfClass":"COM","cusip":"068463108","value":27647205,"shares":778356,"shareType":"SH","priorValue":20962620,"priorShares":718390}],"positionsListed":17,"positions":[{"issuer":"MATERION CORP","titleOfClass":"COM","cusip":"576690101","value":65389221,"shares":219877,"shareType":"SH","priorValue":48310930,"priorShares":333985},{"issuer":"ENPRO INC","titleOfClass":"COM","cusip":"29355X107","value":58978991,"shares":156472,"shareType":"SH","priorValue":42621278,"priorShares":170043},{"issuer":"SYNAPTICS INC","titleOfClass":"COM","cusip":"87157D109","value":49057558,"shares":394893,"shareType":"SH","priorValue":45925998,"priorShares":655711},{"issuer":"EXTREME NETWORKS INC","titleOfClass":"COM","cusip":"30226D106","value":48792110,"shares":1507325,"shareType":"SH","priorValue":42938540,"priorShares":2847370},{"issuer":"GENTHERM INC","titleOfClass":"COM","cusip":"37253A103","value":39711066,"shares":1164206,"shareType":"SH","priorValue":37457691,"priorShares":1348369},{"issuer":"SONOS INC","titleOfClass":"COM","cusip":"83570H108","value":38735240,"shares":2862915,"shareType":"SH","priorValue":33354784,"priorShares":2489163},{"issuer":"HAYWARD HLDGS INC","titleOfClass":"COM","cusip":"421298100","value":38731869,"shares":2237543,"shareType":"SH","priorValue":28581058,"priorShares":2136103},{"issuer":"RED VIOLET INC","titleOfClass":"COM","cusip":"75704L104","value":38242769,"shares":600169,"shareType":"SH","priorValue":20972997,"priorShares":606156},{"issuer":"HARMONIC INC","titleOfClass":"COM","cusip":"413160102","value":30991695,"shares":1897838,"shareType":"SH","priorValue":28887178,"priorShares":3216835},{"issuer":"BARRETT BUSINESS SVCS INC","titleOfClass":"COM","cusip":"068463108","value":27647205,"shares":778356,"shareType":"SH","priorValue":20962620,"priorShares":718390},{"issuer":"MIMEDX GROUP INC","titleOfClass":"COM","cusip":"602496101","value":27619014,"shares":7173770,"shareType":"SH","priorValue":28341680,"priorShares":7175109},{"issuer":"CORE & MAIN INC","titleOfClass":"CL A","cusip":"21874C102","value":22809995,"shares":472746,"shareType":"SH","priorValue":7872779,"priorShares":159368},{"issuer":"AMPLITUDE INC","titleOfClass":"COM CL A","cusip":"03213A104","value":17757249,"shares":2321209,"shareType":"SH","priorValue":2595188,"priorShares":380526},{"issuer":"CALIX INC","titleOfClass":"COM","cusip":"13100M509","value":16495738,"shares":442008,"shareType":"SH"},{"issuer":"TECHTARGET INC","titleOfClass":"COM NEW","cusip":"87874R308","value":12554327,"shares":3487313,"shareType":"SH","priorValue":13429487,"priorShares":3461208},{"issuer":"MSA SAFETY INC","titleOfClass":"COM","cusip":"553498106","value":10620399,"shares":60834,"shareType":"SH"},{"issuer":"BERKSHIRE HATHAWAY INC DEL","titleOfClass":"CL B NEW","cusip":"084670702","value":1145893,"shares":2290,"shareType":"SH","priorValue":1150080,"priorShares":2400}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}