Conestoga Capital Advisors, LLC - Q3 2023 holdings

$5.82 Billion is the total value of Conestoga Capital Advisors, LLC's 128 reported holdings in Q3 2023. The portfolio turnover from Q2 2023 to Q3 2023 was 6.3% .

 Value Shares↓ Weighting
SPSC SellSPS COMM INC$265,560,607
-12.1%
1,556,536
-1.1%
4.56%
-4.9%
CWST SellCASELLA WASTE SYS INCcl a$232,383,476
-15.9%
3,045,655
-0.3%
3.99%
-8.9%
DSGX BuyDESCARTES SYS GROUP INC$221,674,669
-7.8%
3,020,914
+0.7%
3.81%
-0.2%
EXPO BuyEXPONENT INC$209,229,442
-7.1%
2,444,269
+1.2%
3.60%
+0.5%
SSD SellSIMPSON MFG INC$205,516,859
+7.2%
1,371,850
-0.9%
3.53%
+16.0%
FSV BuyFIRSTSERVICE CORP NEW$198,327,645
-4.6%
1,362,702
+1.0%
3.41%
+3.3%
AAON BuyAAON INC$189,323,876
-9.6%
3,329,064
+50.8%
3.25%
-2.1%
NOVT BuyNOVANTA INC$183,464,924
-21.2%
1,279,036
+1.1%
3.15%
-14.7%
SITE BuySITEONE LANDSCAPE SUPPLY INC$179,447,505
-0.8%
1,097,874
+1.6%
3.08%
+7.4%
ROAD SellCONSTRUCTION PARTNERS INC$166,264,168
+4.0%
4,547,707
-10.7%
2.86%
+12.6%
ROLL BuyRBC BEARINGS INC$162,048,865
+9.5%
692,132
+1.7%
2.78%
+18.5%
ALTR BuyALTAIR ENGR INC$150,739,008
-16.1%
2,409,511
+1.7%
2.59%
-9.2%
MMSI BuyMERIT MED SYS INC$147,698,866
-15.7%
2,139,943
+2.2%
2.54%
-8.7%
BuySTEVANATO GROUP S P A$134,753,090
+9.9%
4,534,088
+19.7%
2.32%
+18.9%
BCPC BuyBALCHEM CORP$133,507,648
-6.1%
1,076,327
+2.0%
2.29%
+1.6%
BuyCLEARWATER ANALYTICS HLDGS Icl a$123,322,709
+25.1%
6,376,562
+2.7%
2.12%
+35.5%
NEOG SellNEOGEN CORP$121,483,814
-19.4%
6,552,525
-5.5%
2.09%
-12.8%
TREX BuyTREX CO INC$115,407,290
-2.8%
1,872,583
+3.4%
1.98%
+5.3%
RGEN BuyREPLIGEN CORP$112,443,603
+16.5%
707,148
+3.6%
1.93%
+26.0%
FOXF BuyFOX FACTORY HLDG CORP$112,010,336
-6.2%
1,130,504
+2.7%
1.92%
+1.5%
PRO BuyPROS HOLDINGS INC$111,693,779
+14.4%
3,226,279
+1.8%
1.92%
+23.8%
HLIO SellHELIOS TECHNOLOGIES INC$107,800,202
-20.2%
1,943,046
-4.9%
1.85%
-13.6%
AXON SellAXON ENTERPRISE INC$105,750,251
+0.7%
531,435
-1.2%
1.82%
+9.1%
ESE BuyESCO TECHNOLOGIES INC$105,596,405
+3.4%
1,011,072
+2.6%
1.81%
+12.0%
LMAT BuyLEMAITRE VASCULAR INC$104,469,804
-16.6%
1,917,581
+3.0%
1.80%
-9.7%
WK BuyWORKIVA INC$95,998,369
+2.8%
947,290
+3.2%
1.65%
+11.3%
JBT SellJOHN BEAN TECHNOLOGIES CORP$94,550,450
-15.1%
899,281
-2.1%
1.62%
-8.1%
SellPAYCOR HCM INC$91,309,293
-15.8%
3,999,531
-12.7%
1.57%
-8.8%
SLP SellSIMULATIONS PLUS INC$83,728,456
-13.5%
2,007,877
-10.1%
1.44%
-6.4%
DGII BuyDIGI INTL INC$83,184,975
-8.3%
3,080,925
+33.8%
1.43%
-0.7%
MODN SellMODEL N INC$80,987,596
-39.7%
3,317,804
-12.7%
1.39%
-34.8%
MRCY SellMERCURY SYS INC$80,169,516
-6.4%
2,161,486
-12.7%
1.38%
+1.4%
FSS BuyFEDERAL SIGNAL CORP$78,748,432
+42.2%
1,318,407
+52.4%
1.35%
+53.9%
BL SellBLACKLINE INC$75,850,510
+0.1%
1,367,415
-2.9%
1.30%
+8.3%
VCEL SellVERICEL CORP$74,774,572
-14.8%
2,230,745
-4.5%
1.28%
-7.8%
TRNS BuyTRANSCAT INC$74,266,746
+19.3%
758,056
+3.9%
1.28%
+29.1%
SellHILLMAN SOLUTIONS CORP$66,603,223
-18.7%
8,073,118
-11.2%
1.14%
-12.0%
WDFC BuyWD 40 CO$63,257,366
+14.7%
311,245
+6.4%
1.09%
+24.1%
QTWO SellQ2 HLDGS INC$62,817,169
-7.5%
1,946,612
-11.4%
1.08%
+0.1%
BRKS SellAZENTA INC$57,176,147
-4.7%
1,139,194
-11.4%
0.98%
+3.2%
PLOW SellDOUGLAS DYNAMICS INC$56,741,832
-14.2%
1,880,114
-15.0%
0.98%
-7.1%
MLAB SellMESA LABS INC$55,709,195
-24.8%
530,210
-8.0%
0.96%
-18.6%
VERX SellVERTEX INCcl a$54,972,918
-0.2%
2,379,780
-15.8%
0.94%
+8.0%
FICO SellFAIR ISAAC CORP$45,384,167
+3.8%
52,254
-3.3%
0.78%
+12.4%
SellDEFINITIVE HEALTHCARE CORP$39,357,597
-34.3%
4,925,857
-9.6%
0.68%
-28.9%
CSWI NewCSW INDUSTRIALS INC$38,503,382219,718
+100.0%
0.66%
NRC BuyNATIONAL RESH CORP$34,307,570
+8.1%
773,215
+6.0%
0.59%
+17.1%
ROL SellROLLINS INC$30,640,427
-13.1%
820,799
-0.3%
0.53%
-6.1%
WSO BuyWATSCO INC$29,428,921
-1.0%
77,912
+0.0%
0.51%
+7.2%
POOL BuyPOOL CORP$27,686,063
-4.6%
77,748
+0.3%
0.48%
+3.3%
TYL SellTYLER TECHNOLOGIES INC$27,437,564
-8.1%
71,056
-0.9%
0.47%
-0.6%
GGG BuyGRACO INC$25,279,084
-15.5%
346,859
+0.1%
0.43%
-8.6%
OFLX SellOMEGA FLEX INC$23,511,905
-35.7%
298,640
-15.3%
0.40%
-30.5%
JKHY SellHENRY JACK & ASSOC INC$22,970,257
-9.7%
151,980
-0.0%
0.40%
-2.2%
HEIA BuyHEICO CORP NEWcl a$22,882,794
-7.8%
177,084
+0.3%
0.39%
-0.3%
WST SellWEST PHARMACEUTICAL SVSC INC$21,159,218
-5.2%
56,393
-3.3%
0.36%
+2.8%
MTN SellVAIL RESORTS INC$17,458,971
-12.3%
78,683
-0.5%
0.30%
-5.1%
TECH BuyBIO-TECHNE CORP$17,328,716
-16.6%
254,572
+0.0%
0.30%
-9.7%
GWRE SellGUIDEWIRE SOFTWARE INC$17,233,650
+17.9%
191,485
-0.3%
0.30%
+27.6%
IT SellGARTNER INC$16,693,948
-7.1%
48,584
-5.3%
0.29%
+0.7%
EVI SellEVI INDS INC$15,930,742
+11.8%
641,851
-0.9%
0.27%
+21.2%
BFAM BuyBRIGHT HORIZONS FAM SOL IN D$15,458,257
-11.8%
189,765
+0.1%
0.27%
-4.3%
LCII SellLCI INDS$12,494,780
-7.5%
106,411
-0.5%
0.22%
+0.5%
TFX SellTELEFLEX INCORPORATED$11,701,519
-19.3%
59,577
-0.6%
0.20%
-12.6%
CGNX BuyCOGNEX CORP$11,608,104
-24.0%
273,518
+0.3%
0.20%
-17.8%
GNRC BuyGENERAC HLDGS INC$9,001,404
+33.4%
82,612
+82.5%
0.16%
+44.9%
FIVN BuyFIVE9 INC$8,954,289
-21.5%
139,258
+0.6%
0.15%
-14.9%
ANSS BuyANSYS INC$1,548,748
-4.6%
5,205
+5.9%
0.03%
+3.8%
NVEE  NV5 GLOBAL INC$1,445,663
-13.1%
15,0230.0%0.02%
-3.8%
IIIV  I3 VERTICALS INC$1,412,194
-7.5%
66,8020.0%0.02%0.0%
VRSK BuyVERISK ANALYTICS INC$1,334,756
+13.2%
5,650
+8.3%
0.02%
+21.1%
PLMR  PALOMAR HLDGS INC$1,322,646
-12.6%
26,0620.0%0.02%
-4.2%
USPH  U S PHYSICAL THERAPY$1,314,950
-24.4%
14,3350.0%0.02%
-17.9%
TCYSF NewTECSYS INC COM$1,263,52161,010
+100.0%
0.02%
OLO  OLO INCcl a$1,268,085
-6.2%
209,2550.0%0.02%
+4.8%
CSGP BuyCOSTAR GROUP INC$1,217,169
-4.8%
15,830
+10.2%
0.02%
+5.0%
COST SellCOSTCO WHSL CORP NEW$1,211,839
+4.2%
2,145
-0.7%
0.02%
+16.7%
CPRT BuyCOPART INC$1,242,199
+4.2%
28,828
+120.7%
0.02%
+10.5%
PHR BuyPHREESIA INC$1,173,384
-12.8%
62,815
+44.8%
0.02%
-4.8%
KIDS BuyORTHOPEDIATRICS CORP$1,170,656
-17.0%
36,583
+13.7%
0.02%
-9.1%
WLDN  WILLDAN GROUP INC$1,084,281
+6.6%
53,0730.0%0.02%
+18.8%
ROP BuyROPER TECHNOLOGIES INC$1,081,882
+19.2%
2,234
+18.4%
0.02%
+35.7%
FTNT BuyFORTINET INC$1,025,081
-5.7%
17,469
+21.5%
0.02%
+5.9%
SPGI SellS&P GLOBAL INC$1,023,870
-9.2%
2,802
-0.4%
0.02%0.0%
MEG  MONTROSE ENVIRONMENTAL GROUP$966,604
-30.5%
33,0350.0%0.02%
-22.7%
SSTI  SOUNDTHINKING INC$984,321
-18.1%
54,9900.0%0.02%
-10.5%
AAPL SellAPPLE INC$977,609
-13.3%
5,710
-1.7%
0.02%
-5.6%
MSFT SellMICROSOFT CORP$978,509
-7.9%
3,099
-0.6%
0.02%0.0%
THBRF NewTHUNDERBIRD ENTERTAINMENT GROU$932,214588,950
+100.0%
0.02%
CYRX  CRYOPORT INC$930,936
-20.5%
67,9020.0%0.02%
-15.8%
FAST SellFASTENAL CO$954,834
-8.7%
17,475
-1.4%
0.02%
-5.9%
TSCO BuyTRACTOR SUPPLY CO$933,827
-4.2%
4,599
+4.4%
0.02%
+6.7%
BLFS  BIOLIFE SOLUTIONS INC$859,838
-37.5%
62,2620.0%0.02%
-31.8%
 LINDE PLC$888,055
-2.3%
2,3850.0%0.02%
+7.1%
 PLANET LABS PBC$865,306
-19.3%
332,8100.0%0.02%
-11.8%
MKL BuyMARKEL GROUP INC$787,782
+22.5%
535
+15.1%
0.01%
+40.0%
XOM  EXXON MOBIL CORP$797,075
+9.6%
6,7790.0%0.01%
+16.7%
WCN BuyWASTE CONNECTIONS INC$791,564
+6.8%
5,894
+13.6%
0.01%
+16.7%
GOOGL BuyALPHABET INCcap stk cl a$753,099
+80.3%
5,755
+64.9%
0.01%
+85.7%
SMLR  SEMLER SCIENTIFIC INC$742,555
-3.3%
29,2690.0%0.01%
+8.3%
IDXX BuyIDEXX LABS INC$771,344
+3.8%
1,764
+19.3%
0.01%
+8.3%
INTU SellINTUIT$699,988
+10.7%
1,370
-0.7%
0.01%
+20.0%
FDS BuyFACTSET RESH SYS INC$680,814
+15.9%
1,557
+6.2%
0.01%
+33.3%
VEEV BuyVEEVA SYS INC$683,389
+17.7%
3,359
+14.4%
0.01%
+33.3%
TKNO  ALPHA TEKNOVA INC$663,264
+4.5%
237,7290.0%0.01%
+10.0%
ALGN BuyALIGN TECHNOLOGY INC$500,419
-1.6%
1,639
+14.0%
0.01%
+12.5%
JNJ SellJOHNSON & JOHNSON$485,940
-11.8%
3,120
-6.3%
0.01%
-11.1%
MA  MASTERCARD INCORPORATEDcl a$437,481
+0.7%
1,1050.0%0.01%
+14.3%
STE BuySTERIS PLC$452,883
+32.9%
2,064
+36.2%
0.01%
+60.0%
SJM BuySMUCKER J M CO$432,643
-7.6%
3,520
+11.0%
0.01%0.0%
BRKB SellBERKSHIRE HATHAWAY INC DELcl b new$381,827
+1.8%
1,090
-0.9%
0.01%
+16.7%
GOOG SellALPHABET INCcap stk cl c$409,394
+7.8%
3,105
-1.1%
0.01%
+16.7%
XYL BuyXYLEM INC$425,929
-11.7%
4,679
+9.3%
0.01%
-12.5%
WTRG BuyESSENTIAL UTILS INC$341,137
+16.5%
9,937
+35.4%
0.01%
+20.0%
ADBE  ADOBE INC$351,831
+4.3%
6900.0%0.01%
+20.0%
MTD BuyMETTLER TOLEDO INTERNATIONAL$352,366
+25.0%
318
+47.9%
0.01%
+50.0%
HD SellHOME DEPOT INC$364,103
-3.5%
1,205
-0.8%
0.01%0.0%
ITW  ILLINOIS TOOL WKS INC$271,766
-7.9%
1,1800.0%0.01%0.0%
GRMN SellGARMIN LTD$307,184
-7.1%
2,920
-7.9%
0.01%0.0%
AMGN  AMGEN INC$303,699
+21.1%
1,1300.0%0.01%
+25.0%
DHR  DANAHER CORPORATION$264,226
+3.4%
1,0650.0%0.01%
+25.0%
JPM  JPMORGAN CHASE & CO$299,611
-0.3%
2,0660.0%0.01%0.0%
NKE SellNIKE INCcl b$249,090
-14.2%
2,605
-1.0%
0.00%
-20.0%
PEP  PEPSICO INC$245,688
-8.5%
1,4500.0%0.00%0.0%
BSY NewBENTLEY SYS INC$219,7014,380
+100.0%
0.00%
MRK  MERCK & CO INC$257,375
-10.8%
2,5000.0%0.00%
-20.0%
DLB  DOLBY LABORATORIES INC$254,425
-5.3%
3,2100.0%0.00%0.0%
PCOR NewPROCORE TECHNOLOGIES INC$202,4923,100
+100.0%
0.00%
BLL ExitBALL CORP$0-4,664
-100.0%
-0.00%
NSTG ExitNANOSTRING TECHNOLOGIES INC$0-91,722
-100.0%
-0.01%
OMCL ExitOMNICELL COM$0-1,118,869
-100.0%
-1.31%
Original filings

The following EDGAR filing(s) were analyzed to create this report:

  • View 13F-HR filed 2023-10-30
Signatures

The EDGAR filing(s) were signed by:

About Conestoga Capital Advisors, LLC

Conestoga Capital Advisors, LLC is a boutique investment management firm that specializes in small-cap growth equity strategies. The firm was founded in 2002 and is headquartered in Radnor, Pennsylvania. Conestoga Capital Advisors has a team of experienced investment professionals, including CEO and Chief Investment Officer Robert Mitchell, COO and Director of Research David Morris, and Portfolio Manager Derek Johnston.

The firm's investment philosophy is centered around identifying high-quality companies with strong growth potential and holding them for the long term. Conestoga Capital Advisors believes that a disciplined, research-driven approach to investing can generate superior returns over time. The firm's investment process involves rigorous fundamental analysis, including company visits and meetings with management teams, to identify companies with sustainable competitive advantages and strong growth prospects.

Conestoga Capital Advisors manages several mutual funds and separate accounts, including the Conestoga Small Cap Fund, which has consistently outperformed its benchmark index since its inception in 2002. The firm's investment strategies are designed to provide investors with exposure to high-quality small-cap growth companies across a range of industries.

Overall, Conestoga Capital Advisors is a respected investment management firm with a strong track record of delivering superior returns to its clients. The firm's experienced team of investment professionals and disciplined investment process make it a compelling choice for investors seeking exposure to the small-cap growth equity space.

It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.

Top long-term holdings
NameQuarters ownedLatest quarter ownedMax weighting
NEOGEN CORP43Q3 20233.9%
AAON INC43Q3 20233.7%
SIMPSON MFG INC43Q3 20233.5%
BALCHEM CORP43Q3 20232.7%
PROS HOLDINGS INC43Q3 20233.2%
TYLER TECHNOLOGIES INC43Q3 20233.7%
COSTAR GROUP INC43Q3 20234.6%
ROLLINS INC43Q3 20232.2%
ALIGN TECHNOLOGY INC43Q3 20232.7%
GRACO INC43Q3 20230.5%

View Conestoga Capital Advisors, LLC's complete holdings history.

Latest significant ownerships (13-D/G)
Conestoga Capital Advisors, LLC Q3 2023 significant holdings filed using form 13D/G when ownership exceeds 5% of a company's total stock issue.
FiledShares Percentage
EVI INDUSTRIES, INC.January 18, 2023677,3915.4%
Omega Flex, Inc.January 18, 2023574,0555.7%
MERCURY SYSTEMS INCJanuary 10, 20223,662,7216.5%
SPS COMMERCE INCJanuary 10, 20221,886,9145.2%
Altair Engineering Inc.January 06, 20212,397,9625.6%
Chefs' Warehouse, Inc.January 17, 20202,152,3757.1%
MGP INGREDIENTS INCJanuary 17, 20201,325,2967.8%
SUN HYDRAULICS CORPJanuary 09, 20191,654,3055.2%
WAGEWORKS, INC.January 09, 20192,380,8046.0%
NVE CORP /NEW/January 08, 2019482,22610.0%

View Conestoga Capital Advisors, LLC's complete significant-ownership history.

Latest filings
TypeFiled
13F-HR2024-01-26
SC 13G/A2024-01-05
SC 13G/A2024-01-05
SC 13G/A2024-01-05
SC 13G/A2024-01-05
SC 13G/A2024-01-05
SC 13G/A2024-01-05
SC 13G/A2024-01-05
SC 13G/A2024-01-05
SC 13G/A2024-01-05

View Conestoga Capital Advisors, LLC's complete filings history.

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