Conestoga Capital Advisors, LLC - Q1 2023 holdings

$5.97 Billion is the total value of Conestoga Capital Advisors, LLC's 129 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 3.8% .

 Value Shares↓ Weighting
CWST BuyCASELLA WASTE SYS INCcl a$252,654,175
+5.2%
3,056,547
+1.0%
4.23%
-5.8%
DSGX BuyDESCARTES SYS GROUP INC$242,174,527
+16.4%
3,004,274
+0.5%
4.06%
+4.2%
SPSC BuySPS COMM INC$241,504,851
+19.1%
1,585,718
+0.4%
4.04%
+6.6%
EXPO BuyEXPONENT INC$240,020,944
+1.7%
2,407,673
+1.1%
4.02%
-9.0%
NOVT BuyNOVANTA INC$225,583,893
+18.6%
1,417,964
+1.3%
3.78%
+6.2%
AAON SellAAON INC$214,884,378
+13.5%
2,222,405
-11.6%
3.60%
+1.6%
FSV BuyFIRSTSERVICE CORP NEW$190,411,380
+16.2%
1,350,531
+1.0%
3.19%
+4.0%
ALTR BuyALTAIR ENGR INC$170,945,697
+60.5%
2,370,624
+1.2%
2.86%
+43.7%
ROLL BuyRBC BEARINGS INC$158,311,790
+11.8%
680,238
+0.6%
2.65%
+0.1%
MMSI BuyMERIT MED SYS INC$154,659,178
+5.4%
2,091,402
+0.7%
2.59%
-5.6%
SSD BuySIMPSON MFG INC$151,286,496
+24.6%
1,379,848
+0.7%
2.53%
+11.5%
SITE BuySITEONE LANDSCAPE SUPPLY INC$147,877,222
+20.4%
1,080,421
+3.2%
2.48%
+7.7%
ROAD BuyCONSTRUCTION PARTNERS INC$141,263,069
+1.4%
5,243,618
+0.5%
2.37%
-9.2%
FOXF SellFOX FACTORY HLDG CORP$133,959,589
+9.8%
1,103,729
-17.5%
2.24%
-1.8%
BCPC BuyBALCHEM CORP$132,733,978
+4.5%
1,049,446
+0.9%
2.22%
-6.5%
MRCY BuyMERCURY SYS INC$128,107,436
+14.8%
2,506,014
+0.5%
2.14%
+2.7%
MODN BuyMODEL N INC$126,923,394
-17.1%
3,792,154
+0.5%
2.13%
-25.7%
AXON SellAXON ENTERPRISE INC$124,054,242
-24.0%
551,720
-44.0%
2.08%
-32.0%
BuyPAYCOR HCM INC$121,897,881
+10.1%
4,596,451
+1.6%
2.04%
-1.5%
RGEN BuyREPLIGEN CORP$115,400,847
-0.0%
685,441
+0.5%
1.93%
-10.5%
NEOG BuyNEOGEN CORP$105,542,185
+22.8%
5,698,822
+1.0%
1.77%
+9.9%
HLIO BuyHELIOS TECHNOLOGIES INC$102,496,851
+21.0%
1,567,230
+0.8%
1.72%
+8.3%
MLAB BuyMESA LABS INC$101,074,077
+5.8%
578,459
+0.6%
1.69%
-5.3%
JBT BuyJOHN BEAN TECHNOLOGIES CORP$100,789,729
+20.5%
922,223
+0.7%
1.69%
+7.9%
BuyCLEARWATER ANALYTICS HLDGS Icl a$99,272,333
+45.5%
6,220,071
+70.9%
1.66%
+30.1%
SLP BuySIMULATIONS PLUS INC$97,663,009
+21.9%
2,222,645
+1.4%
1.64%
+9.1%
LMAT BuyLEMAITRE VASCULAR INC$95,383,938
+12.6%
1,853,195
+0.6%
1.60%
+0.7%
WK BuyWORKIVA INC$94,962,233
+22.9%
927,275
+0.8%
1.59%
+10.0%
AQUA SellEVOQUA WATER TECHNOLOGIES CO$94,596,974
+23.0%
1,902,594
-2.1%
1.58%
+10.0%
BL BuyBLACKLINE INC$94,508,723
+0.5%
1,407,427
+0.7%
1.58%
-10.1%
ESE BuyESCO TECHNOLOGIES INC$93,596,898
+9.6%
980,586
+0.5%
1.57%
-1.9%
BuySTEVANATO GROUP S P A$91,611,948
+46.9%
3,537,141
+1.9%
1.53%
+31.4%
TREX BuyTREX CO INC$88,112,898
+16.1%
1,810,415
+1.0%
1.48%
+3.9%
PRO BuyPROS HOLDINGS INC$88,136,731
+13.9%
3,216,669
+0.9%
1.48%
+1.9%
PLOW SellDOUGLAS DYNAMICS INC$84,207,027
-14.3%
2,640,546
-2.8%
1.41%
-23.3%
VCEL BuyVERICEL CORP$69,721,406
+12.8%
2,377,947
+1.3%
1.17%
+1.0%
OMCL SellOMNICELL COM$66,384,225
-18.4%
1,131,485
-29.9%
1.11%
-27.0%
TRNS BuyTRANSCAT INC$65,348,023
+26.9%
731,044
+0.6%
1.09%
+13.5%
BuyHILLMAN SOLUTIONS CORP$62,488,129
+18.1%
7,421,393
+1.1%
1.05%
+5.7%
OFLX BuyOMEGA FLEX INC$61,217,756
+20.3%
549,334
+0.7%
1.02%
+7.7%
VERX BuyVERTEX INCcl a$60,144,195
+43.8%
2,906,921
+0.8%
1.01%
+28.6%
BRKS BuyAZENTA INC$58,481,694
-22.5%
1,310,661
+1.1%
0.98%
-30.7%
BuyDEFINITIVE HEALTHCARE CORP$56,387,369
+47.9%
5,458,603
+57.3%
0.94%
+32.4%
QTWO BuyQ2 HLDGS INC$54,613,512
-6.9%
2,218,258
+1.6%
0.92%
-16.7%
WDFC BuyWD 40 CO$52,337,601
+11.3%
293,949
+0.8%
0.88%
-0.5%
FICO BuyFAIR ISAAC CORP$38,615,626
+18.0%
54,954
+0.5%
0.65%
+5.5%
DGII BuyDIGI INTL INC$37,248,868
+1980.3%
1,105,964
+2157.5%
0.62%
+1735.3%
NRC BuyNATIONAL RESH CORP$31,929,495
+17.6%
733,843
+0.8%
0.54%
+5.3%
ROL BuyROLLINS INC$31,484,743
+3.0%
838,922
+0.3%
0.53%
-7.9%
POOL BuyPOOL CORP$26,653,475
+13.7%
77,834
+0.4%
0.45%
+1.6%
TYL BuyTYLER TECHNOLOGIES INC$25,790,130
+34.0%
72,722
+21.8%
0.43%
+20.0%
GGG BuyGRACO INC$25,515,170
+19.0%
349,475
+9.7%
0.43%
+6.5%
WSO BuyWATSCO INC$24,651,673
+29.3%
77,482
+1.4%
0.41%
+15.7%
HEIA SellHEICO CORP NEWcl a$24,532,668
+13.3%
180,520
-0.1%
0.41%
+1.5%
JKHY BuyHENRY JACK & ASSOC INC$22,887,586
-13.8%
151,855
+0.4%
0.38%
-22.9%
WST BuyWEST PHARMACEUTICAL SVSC INC$21,331,465
+47.8%
61,568
+0.4%
0.36%
+32.2%
TECH SellBIO-TECHNE CORP$19,219,290
-10.6%
259,055
-0.1%
0.32%
-19.9%
MTN BuyVAIL RESORTS INC$18,490,865
-1.7%
79,129
+0.2%
0.31%
-11.9%
IT SellGARTNER INC$18,221,945
-4.1%
55,935
-1.0%
0.30%
-14.3%
GWRE BuyGUIDEWIRE SOFTWARE INC$15,754,174
+31.5%
192,007
+0.3%
0.26%
+17.9%
TFX SellTELEFLEX INCORPORATED$15,077,771
+1.4%
59,523
-0.1%
0.25%
-9.4%
BFAM BuyBRIGHT HORIZONS FAM SOL IN D$14,806,794
+22.4%
192,321
+0.3%
0.25%
+9.7%
CGNX BuyCOGNEX CORP$13,516,596
+5.7%
272,787
+0.5%
0.23%
-5.4%
EVI BuyEVI INDS INC$13,418,876
-17.0%
677,721
+0.0%
0.22%
-25.7%
LCII BuyLCI INDS$11,656,768
+19.3%
106,096
+0.4%
0.20%
+6.6%
FIVN BuyFIVE9 INC$9,960,767
+7.7%
137,789
+1.1%
0.17%
-3.5%
GNRC BuyGENERAC HLDGS INC$4,903,978
+8.8%
45,403
+1.4%
0.08%
-2.4%
ANSS SellANSYS INC$1,900,621
+35.7%
5,711
-1.5%
0.03%
+23.1%
SSTI  SHOTSPOTTER INC$1,876,940
+16.2%
47,7350.0%0.03%
+3.3%
IIIV  I3 VERTICALS INC$1,638,653
+0.8%
66,8020.0%0.03%
-10.0%
BLFS  BIOLIFE SOLUTIONS INC$1,586,162
+19.5%
72,9270.0%0.03%
+8.0%
NVEE BuyNV5 GLOBAL INC$1,561,941
-11.6%
15,023
+12.5%
0.03%
-21.2%
USPH  U S PHYSICAL THERAPY$1,578,799
+20.8%
16,1250.0%0.03%
+8.3%
OLO  OLO INCcl a$1,471,248
+30.6%
180,3000.0%0.02%
+19.0%
KIDS  ORTHOPEDIATRICS CORP$1,425,385
+11.5%
32,1830.0%0.02%0.0%
THBRF  THUNDERBIRD ENTERTAINMENT GROU$1,457,851
-8.7%
588,9500.0%0.02%
-20.0%
PLMR  PALOMAR HLDGS INC$1,438,622
+22.2%
26,0620.0%0.02%
+9.1%
PHR  PHREESIA INC$1,400,902
-0.2%
43,3850.0%0.02%
-11.5%
CYRX  CRYOPORT INC$1,293,408
+38.3%
53,8920.0%0.02%
+29.4%
COST SellCOSTCO WHSL CORP NEW$1,222,300
+8.0%
2,460
-0.8%
0.02%
-4.8%
AAPL SellAPPLE INC$1,213,664
+24.7%
7,360
-1.7%
0.02%
+11.1%
MEG  MONTROSE ENVIRONMENTAL GROUP$1,178,358
-19.6%
33,0350.0%0.02%
-25.9%
CPRT SellCOPART INC$1,130,406
+18.5%
15,030
-4.0%
0.02%
+5.6%
TSCO SellTRACTOR SUPPLY CO$1,142,294
+2.7%
4,860
-1.7%
0.02%
-9.5%
FAST SellFASTENAL CO$1,063,966
+13.1%
19,725
-0.8%
0.02%0.0%
FTNT SellFORTINET INC$1,066,018
+24.8%
16,040
-8.2%
0.02%
+12.5%
HCAT  HEALTH CATALYST INC$1,058,679
+9.8%
90,7180.0%0.02%0.0%
CSGP SellCOSTAR GROUP INC$1,084,801
-13.0%
15,756
-2.3%
0.02%
-21.7%
SPGI  S&P GLOBAL INC$1,094,635
+2.9%
3,1750.0%0.02%
-10.0%
VRSK SellVERISK ANALYTICS INC$1,103,387
+6.1%
5,751
-2.5%
0.02%
-5.3%
ROP SellROPER TECHNOLOGIES INC$1,033,418
+0.1%
2,345
-1.9%
0.02%
-10.5%
TCYSF  TECSYS INC COM$1,025,785
+3.3%
50,7400.0%0.02%
-10.5%
NewLINDE PLC$954,3562,685
+100.0%
0.02%
MSFT SellMICROSOFT CORP$899,208
+18.7%
3,119
-1.3%
0.02%
+7.1%
NSTG  NANOSTRING TECHNOLOGIES INC$908,048
+24.2%
91,7220.0%0.02%
+7.1%
WCN SellWASTE CONNECTIONS INC$839,287
+0.5%
6,035
-4.2%
0.01%
-12.5%
IDXX BuyIDEXX LABS INC$825,132
+28.0%
1,650
+4.4%
0.01%
+16.7%
WLDN  WILLDAN GROUP INC$829,000
-12.5%
53,0730.0%0.01%
-22.2%
SMLR  SEMLER SCIENTIFIC INC$784,409
-18.8%
29,2690.0%0.01%
-27.8%
XOM  EXXON MOBIL CORP$759,834
-0.6%
6,9290.0%0.01%
-7.1%
MKL  MARKEL CORP$721,737
-3.0%
5650.0%0.01%
-14.3%
FDS SellFACTSET RESH SYS INC$727,653
+0.3%
1,753
-3.0%
0.01%
-14.3%
TKNO  ALPHA TEKNOVA INC$703,678
-47.5%
237,7290.0%0.01%
-52.0%
INTU BuyINTUIT$615,245
+18.0%
1,380
+3.0%
0.01%0.0%
VEEV SellVEEVA SYS INC$626,724
+10.0%
3,410
-3.4%
0.01%
-9.1%
JNJ SellJOHNSON & JOHNSON$570,400
-13.4%
3,680
-1.3%
0.01%
-16.7%
ALGN SellALIGN TECHNOLOGY INC$537,965
+55.1%
1,610
-2.1%
0.01%
+50.0%
SJM SellSMUCKER J M CO$538,205
-2.1%
3,420
-1.4%
0.01%
-10.0%
XYL SellXYLEM INC$495,231
-8.0%
4,730
-2.9%
0.01%
-20.0%
NKE SellNIKE INCcl b$389,995
+2.9%
3,180
-1.9%
0.01%0.0%
MTD BuyMETTLER TOLEDO INTERNATIONAL$417,747
+59.7%
273
+50.8%
0.01%
+40.0%
MA  MASTERCARD INCORPORATEDcl a$407,019
+4.5%
1,1200.0%0.01%0.0%
GOOGL BuyALPHABET INCcap stk cl a$430,479
+22.0%
4,150
+3.8%
0.01%0.0%
HD  HOME DEPOT INC$358,571
-6.6%
1,2150.0%0.01%
-14.3%
GOOG SellALPHABET INCcap stk cl c$374,400
+14.0%
3,600
-2.7%
0.01%0.0%
WTRG  ESSENTIAL UTILS INC$350,815
-8.5%
8,0370.0%0.01%
-14.3%
DLB SellDOLBY LABORATORIES INC$351,076
+18.8%
4,110
-1.9%
0.01%0.0%
BLL SellBALL CORP$336,722
-5.1%
6,110
-11.9%
0.01%
-14.3%
BRKB  BERKSHIRE HATHAWAY INC DELcl b new$344,279
-0.0%
1,1150.0%0.01%0.0%
STE BuySTERIS PLC$329,958
+19.5%
1,725
+15.4%
0.01%
+20.0%
PEP  PEPSICO INC$337,255
+0.9%
1,8500.0%0.01%0.0%
JPM  JPMORGAN CHASE & CO$321,344
-2.8%
2,4660.0%0.01%
-16.7%
ITW SellILLINOIS TOOL WKS INC$287,271
+6.9%
1,180
-3.3%
0.01%0.0%
AMGN SellAMGEN INC$273,177
-21.8%
1,130
-15.0%
0.01%
-28.6%
GRMN  GARMIN LTD$319,916
+9.4%
3,1700.0%0.01%0.0%
DHR SellDANAHER CORPORATION$260,861
-9.4%
1,035
-4.6%
0.00%
-20.0%
MRK  MERCK & CO INC$265,975
-4.1%
2,5000.0%0.00%
-20.0%
ADBE SellADOBE SYSTEMS INCORPORATED$265,905
+11.3%
690
-2.8%
0.00%0.0%
WPC  WP CAREY INC$220,732
-0.9%
2,8500.0%0.00%0.0%
XM ExitQUALTRICS INTL INC$0-17,366
-100.0%
-0.00%
TRU ExitTRANSUNION$0-4,220
-100.0%
-0.00%
LIN ExitLINDE PLC$0-2,765
-100.0%
-0.02%
ExitLIGHTSPEED COMMERCE INC$0-291,540
-100.0%
-0.08%
Original filings

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

  • View 13F-HR filed 2023-04-24
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 CORP41Q1 20233.9%
AAON INC41Q1 20233.7%
SIMPSON MFG INC41Q1 20233.0%
BALCHEM CORP41Q1 20232.7%
PROS HOLDINGS INC41Q1 20233.2%
TYLER TECHNOLOGIES INC41Q1 20233.7%
COSTAR GROUP INC41Q1 20234.6%
ROLLINS INC41Q1 20232.2%
ALIGN TECHNOLOGY INC41Q1 20232.7%
GRACO INC41Q1 20230.4%

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

Latest significant ownerships (13-D/G)
Conestoga Capital Advisors, LLC Q1 2023 significant holdings filed using form 13D/G when ownership exceeds 5% of a company's total stock issue.
FiledShares Percentage
Simulations Plus, Inc.January 19, 20232,306,37711.4%
Stevanato Group S.p.A.January 19, 20233,630,05510.6%
TRANSCAT INCJanuary 19, 2023764,54010.1%
Vericel CorpJanuary 19, 20232,479,4755.2%
Vertex, Inc.January 19, 20233,064,8396.3%
Clearwater Analytics Holdings, Inc.January 18, 20233,801,0956.4%
Construction Partners, Inc.January 18, 20235,458,25113.2%
DOUGLAS DYNAMICS, INCJanuary 18, 20232,844,77112.4%
EVI INDUSTRIES, INC.January 18, 2023677,3915.4%
HELIOS TECHNOLOGIES, INC.January 18, 20231,643,5125.0%

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

Latest filings
TypeFiled
13F-HR2023-04-24
13F-HR2023-02-01
SC 13G/A2023-01-19
SC 13G/A2023-01-19
SC 13G/A2023-01-19
SC 13G/A2023-01-19
SC 13G2023-01-19
SC 13G/A2023-01-18
SC 13G/A2023-01-18
SC 13G/A2023-01-18

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

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