Sec Form 13G Filing - AltraVue Capital LLC filing for AerSale Corp (ASLE) - 2024-01-23

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. __2_)*
AERSALE CORP
(Name of Issuer)
Common
(Title of Class of Securities)
00810F106
(CUSIP Number)
December 31st, 2023
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

	[X]  Rule 13d-1(b)

	[_]  Rule 13d-1(c)

	[_]  Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be
deemed to be filed for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
 (however, see the Notes).


SCHEDULE 13G
CUSIP No. 00810F106

1
Names of Reporting Persons

AltraVue Capital, LLC
2
Check the appropriate box if a member of a Group (see instructions)

(a)[ ]
(b)[ ]
3
Sec Use Only


4
Citizenship or Place of Organization

Delaware, US
Number of Shares Beneficially Owned by Each Reporting Person With:

5
  Sole Voting Power


  2,309,024

6
  Shared Voting Power


  1,230,594

7
  Sole Dispositive Power


3,539,618

8
  Shared Dispositive Power


  0
9
Aggregate Amount Beneficially Owned by Each Reporting Person

3,539,618
10
Check box if the aggregate amount in row (9) excludes certain shares
(See Instructions)

[ ]
11
Percent of class represented by amount in row (9)

6.90%
12
Type of Reporting Person (See Instructions)

IA

Item 1.
(a)	Name of Issuer: Aersale Corporation
(b)	Address of Issuer's Principal Executive Offices:
       121 Alhambra Plaza, Suite 1700
	Coral Gables, Florida 33134
Item 2.
(a) Name of Person Filing: AltraVue Capital, LLC
(b) Address of Principal Business Office or, if None, Residence:
	11747 NE 1st Street, Suite 205
	Bellevue, WA 98005-3018
(c) Citizenship: USA
(d) Title and Class of Securities: Common
(e) CUSIP No.:  00810F106
Item 3. 	If this statement is filed pursuant to 240.13d-1(b)
		or 240.13d-2(b) or (c), check whether the person
		filing is a:
(a)	[_]	Broker or dealer registered under Section 15 of the Act;
(b)	[_]	Bank as defined in Section 3(a)(6) of the Act;
(c)	[_]	Insurance company as defined in Section 3(a)(19) of
		the Act;
(d)	[_]	Investment company registered under Section 8 of the
		Investment Company Act of 1940;
(e)	X	An investment adviser in accordance with Rule
		13d-1(b)(1)(ii)(E);
(f)	[_]	An employee benefit plan or endowment fund in accordance
		with Rule 13d-1(b)(1)(ii)(F);
(g)	[_]	A parent holding company or control person in accordance
		with Rule 13d-1(b)(1)(ii)(G);
(h)	[_]	A savings associations as defined in Section 3(b) of
		the Federal Deposit Insurance Act
		 (12 U.S.C. 1813);
(i)	[_]	A church plan that is excluded from the definition
		of an investment company under
		section 3(c)(14) of the Investment Company Act of 1940;
(j)	[_]	A non-U.S. institution in accordance with
		Rule 240.13d-1(b)(1)(ii)(J);
(k)	[_]	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
		If filing as a non-U.S. institution in accordance with
		Rule 240.13d-1(b)(1)(ii)(J), please specify the type of
		institution: ____
Item 4.	Ownership
(a)	Amount Beneficially Owned: 3,539,618
 (b)	Percent of Class:  6.90%
 (c)	Number of shares as to which such person has:
	(i)	Sole power to vote or to direct the vote: 2,390,024
	(ii)	Shared power to vote or to direct the vote: 1,230,594
(iii) Sole power to dispose or to direct the disposition of: 3,539,618
(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of Five Percent or Less of a Class.
	If this statement is being filed to report the fact that as of
	the date hereof the reporting person has ceased to be the
	beneficial owner of more than five percent of the class of
	securities, check the following [ ].
Item 6.	Ownership of more than Five Percent on Behalf of Another Person.
Item 7.	Identification and classification of the subsidiary which
	acquired the security being reported on by the parent holding
	company or control person.
Item 8.	Identification and classification of members of the group.
Item 9.	Notice of Dissolution of Group.
Item 10.	Certifications.

SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete, and correct.

Dated:January 19th, 2024


/s/ Signature
Tom Parkhurst / COO & CCO
Name/Title
The original statement shall be signed by each person on whose behalf
the statement is filed or his authorized representative.  If the statement
is signed on behalf of a person by his authorized representative (other
than an executive officer or general partner of this filing person),
evidence of the representative's authority to sign on behalf of such
person shall be filed with the statement, provided, however, that a
power of attorney for this purpose which is already on file with the
Commission may be incorporated by reference.  The name and
any title of each person who signs the statement shall be typed or
printed beneath his signature.

Attention:  Intentional misstatements or omissions of fact
constitute Federal criminal violations (See 18 U.S.C. 1001).