LO/Value Shop Full Time Recruiting

Hi all. I'm new on this site (and to finance in general), so I apologize if this is repetitive or common knowledge. I'm a junior going into senior year at a semi-target and somehow managed to secure an internship at a value investing shop for this summer. Long-only, public equities, micro to large cap, global, but strictly value. Not a huge name, but I'm really happy with it - my GPA is average and I'm not in the premier investment club at my school, but I genuinely believe in the value investment strategy and I keep up with the market. My firm is fairly small with few openings, and the research associate program also considers MBAs, so I'm concerned about my chances of getting a return offer. Does anyone know what the process looks like for full-time positions at LO/Value shops? my impression is that some of the larger firms post some positions late summer/early fall, and many smaller ones can only be networked into. Is this true? Do many firms recruit undergrad exclusively through internships and return offers?

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