shutterstock_2233229921 (1)

Small Cap Growth Fund (HDPSX)

 

Why invest in the Hodges Small Cap Growth Fund? 

  • Small cap core fund that focuses on investing in specific growth and value opportunities within the small cap segment (generally market caps up to $4 billion) of the market.
  • Seeks companies that are poised to benefit from recent industry consolidation, exhibit pricing power, have high barriers to entry, have strong brand awareness, and undervalued earnings prospects.

Daily Nav

$21.70

Daily Change

$0.12

Daily % Change

0.56%

Performance

Returns (%) as of 12/31/2025 1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR Since Inception
Hodges Small Cap Growth Fund -1.56 -0.83 3.00 3.00 12.44 11.05 9.37 9.39
Russell 2000 Total Return -0.58 2.19 12.81 12.81 13.73 6.09 9.62 8.31
S&P 500 Index TR 0.06 2.66 17.88 17.88 23.01 14.42 14.82 11.09
Returns for greater than one year are annualized Gross Expense Ratio 1.29
Inception date: 12/18/2007 Net Expense Ratio 1.24*
Returns (%) as of 12/31/2025 3 MO YTD 1 YR 3 YR 5 YR 10 YR Since Inception
Hodges Small Cap Growth Fund -0.83 3.00 3.00 12.44 11.05 9.37 9.39
Russell 2000 Total Return 2.19 12.81 12.81 13.73 6.09 9.62 8.31
S&P 500 Index TR 2.66 17.88 17.88 23.01 14.42 14.82 11.09
Calendar Year Returns % 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Hodges Small Cap Growth Fund 3.00 20.18 14.86 -12.70 36.07 16.98 16.73 -16.26 9.19 16.18 -8.75
Russell 2000 Total Return 12.81 11.54 16.93 -20.44 14.82 19.96 25.52 -11.01 14.65 21.31 -4.41

 *The Advisor has contractually agreed to reduce its fees at least until July 31, 2026.

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. The fund imposes a 1.00% redemption fee on retail class shares held less than 30 days and 60 days for institutional class shares. Performance data does not reflect the redemption fee. If reflected, total return would be reduced. Performance reflected is net of all other fees and expenses.
At A Glance as of 12/31/25
Ticker HDPSX
Total Net Assets $157.7 Million
CUSIP (Retail) 664925 40 1
CUSIP (Institutional) 664925 30 2
Investment Approach Bottom Up,
Fundamental
Typical Cash Position < 10%
Number of Holdings 50
Minimum Investment $1,000
Fact Sheet

Holdings
Top Ten Holdings as of 12/31/2025
Security Ticker
Terawulf Inc WULF
Matador Resources Co MTDR
Cleveland-Cliffs Inc CLF
Eagle Materials Inc EXP
Genius Sports Ltd Npv GENI
Banc of California Inc BANC
Gildan Activewear Inc GIL
Texas Cap Bancshares Inc TCBI
Commercial Metals Co CMC
Bank Ozk Little Rock Ark OZK
Top 10 Total 38.08%

Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.

Additional Resources
Prospectus
Summary Prospectus
SAI
Annual Report
Semi Annual Report
Annual Tailored Shareholder Report - Institutional Class
Annual Tailored Shareholder Report - Retail Class
Semi Annual Tailored Shareholder Report - Institutional Class
September 30, 2025
Semi Annual Tailored Shareholder Report - Retail Class
September 30, 2025
Full Holdings
1Q Holdings
3Q Holdings
Year-End Distribution Estimates
Annual Proxy Voting

The Russel 2000 is a subset of the The Russel 3000® Index. It represents the bottom 2000 companies by market capitalization. It is not possible to invest directly in an index. 

Portfolio Management

Our collegial and entrepreneurial culture attracts assertive and driven individuals. The Hodges investment process is a collaborative effort that leverages each team member’s efforts. We are proud to say that each tenured member of the investment team owns a piece of the firm and invests alongside our clients.

 
Craig Hodges-1
Craig D. Hodges
PORTFOLIO MANAGER
Details
1482350280_Marshall-Eric-6486-1
Eric J. Marshall
PORTFOLIO MANAGER
Details
1482350088_Bradshaw-Gary-6752-1
Gary Bradshaw
PORTFOLIO MANAGER
Details
2nd Floor Conference Room-1-1
Fact Sheet
Building Front-1-1
Mutual Funds
HodgesCapital_SCREENSHOT_TuesdaysMeeting_04052022_05-1-1-1
Fund Commentary
 

Request Fund Information

For more information on the Hodges Small Cap Growth Fund (HDPSX), please complete the form below.

Hodges-Funds-White

2905 Maple Avenue
Dallas, TX 75201
 
Hodges Funds Customer Service: (866)-811-0224
Hodges Mutual Fund Sales: (888)-878-4426
 
Resources & Applications

        Contact Hodges Funds

        Mutual fund investing involves risk. Principal loss is possible. 

        Hodges Capital Management (HCM) is the adviser to the Hodges Funds, which are distributed by Northern Lights Distributors, LLC. 

        The funds' investment objectives, risks, charges, and expenses must be considered carefully before investing. The summary and statutory prospectuses contain this and other information about the investment company. You may obtain a free hard-copy version by calling 1-866-811-0224 or by clicking this link. Read it carefully before investing. 

        Copyright © 2022 | Hodges Capital Management | All Rights Reserved.
        Web Site Development by: Goodwood Consulting

        Terms & Conditions | Privacy Policy | Cookies Policy