$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 1.6% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CWST | Buy | CASELLA WASTE SYS INCcl a | $252,654,175 | +5.2% | 3,056,547 | +1.0% | 4.23% | -5.8% |
| DSGX | Buy | DESCARTES SYS GROUP INC | $242,174,527 | +16.4% | 3,004,274 | +0.5% | 4.06% | +4.2% |
| SPSC | Buy | SPS COMM INC | $241,504,851 | +19.1% | 1,585,718 | +0.4% | 4.04% | +6.6% |
| EXPO | Buy | EXPONENT INC | $240,020,944 | +1.7% | 2,407,673 | +1.1% | 4.02% | -9.0% |
| NOVT | Buy | NOVANTA INC | $225,583,893 | +18.6% | 1,417,964 | +1.3% | 3.78% | +6.2% |
| FSV | Buy | FIRSTSERVICE CORP NEW | $190,411,380 | +16.2% | 1,350,531 | +1.0% | 3.19% | +4.0% |
| ALTR | Buy | ALTAIR ENGR INC | $170,945,697 | +60.5% | 2,370,624 | +1.2% | 2.86% | +43.7% |
| ROLL | Buy | RBC BEARINGS INC | $158,311,790 | +11.8% | 680,238 | +0.6% | 2.65% | +0.1% |
| MMSI | Buy | MERIT MED SYS INC | $154,659,178 | +5.4% | 2,091,402 | +0.7% | 2.59% | -5.6% |
| SSD | Buy | SIMPSON MFG INC | $151,286,496 | +24.6% | 1,379,848 | +0.7% | 2.53% | +11.5% |
| SITE | Buy | SITEONE LANDSCAPE SUPPLY INC | $147,877,222 | +20.4% | 1,080,421 | +3.2% | 2.48% | +7.7% |
| ROAD | Buy | CONSTRUCTION PARTNERS INC | $141,263,069 | +1.4% | 5,243,618 | +0.5% | 2.37% | -9.2% |
| BCPC | Buy | BALCHEM CORP | $132,733,978 | +4.5% | 1,049,446 | +0.9% | 2.22% | -6.5% |
| MRCY | Buy | MERCURY SYS INC | $128,107,436 | +14.8% | 2,506,014 | +0.5% | 2.14% | +2.7% |
| MODN | Buy | MODEL N INC | $126,923,394 | -17.1% | 3,792,154 | +0.5% | 2.13% | -25.7% |
| Buy | PAYCOR HCM INC | $121,897,881 | +10.1% | 4,596,451 | +1.6% | 2.04% | -1.5% | |
| RGEN | Buy | REPLIGEN CORP | $115,400,847 | -0.0% | 685,441 | +0.5% | 1.93% | -10.5% |
| NEOG | Buy | NEOGEN CORP | $105,542,185 | +22.8% | 5,698,822 | +1.0% | 1.77% | +9.9% |
| HLIO | Buy | HELIOS TECHNOLOGIES INC | $102,496,851 | +21.0% | 1,567,230 | +0.8% | 1.72% | +8.3% |
| MLAB | Buy | MESA LABS INC | $101,074,077 | +5.8% | 578,459 | +0.6% | 1.69% | -5.3% |
| JBT | Buy | JOHN BEAN TECHNOLOGIES CORP | $100,789,729 | +20.5% | 922,223 | +0.7% | 1.69% | +7.9% |
| Buy | CLEARWATER ANALYTICS HLDGS Icl a | $99,272,333 | +45.5% | 6,220,071 | +70.9% | 1.66% | +30.1% | |
| SLP | Buy | SIMULATIONS PLUS INC | $97,663,009 | +21.9% | 2,222,645 | +1.4% | 1.64% | +9.1% |
| LMAT | Buy | LEMAITRE VASCULAR INC | $95,383,938 | +12.6% | 1,853,195 | +0.6% | 1.60% | +0.7% |
| WK | Buy | WORKIVA INC | $94,962,233 | +22.9% | 927,275 | +0.8% | 1.59% | +10.0% |
| BL | Buy | BLACKLINE INC | $94,508,723 | +0.5% | 1,407,427 | +0.7% | 1.58% | -10.1% |
| ESE | Buy | ESCO TECHNOLOGIES INC | $93,596,898 | +9.6% | 980,586 | +0.5% | 1.57% | -1.9% |
| Buy | STEVANATO GROUP S P A | $91,611,948 | +46.9% | 3,537,141 | +1.9% | 1.53% | +31.4% | |
| TREX | Buy | TREX CO INC | $88,112,898 | +16.1% | 1,810,415 | +1.0% | 1.48% | +3.9% |
| PRO | Buy | PROS HOLDINGS INC | $88,136,731 | +13.9% | 3,216,669 | +0.9% | 1.48% | +1.9% |
| VCEL | Buy | VERICEL CORP | $69,721,406 | +12.8% | 2,377,947 | +1.3% | 1.17% | +1.0% |
| TRNS | Buy | TRANSCAT INC | $65,348,023 | +26.9% | 731,044 | +0.6% | 1.09% | +13.5% |
| Buy | HILLMAN SOLUTIONS CORP | $62,488,129 | +18.1% | 7,421,393 | +1.1% | 1.05% | +5.7% | |
| OFLX | Buy | OMEGA FLEX INC | $61,217,756 | +20.3% | 549,334 | +0.7% | 1.02% | +7.7% |
| VERX | Buy | VERTEX INCcl a | $60,144,195 | +43.8% | 2,906,921 | +0.8% | 1.01% | +28.6% |
| BRKS | Buy | AZENTA INC | $58,481,694 | -22.5% | 1,310,661 | +1.1% | 0.98% | -30.7% |
| Buy | DEFINITIVE HEALTHCARE CORP | $56,387,369 | +47.9% | 5,458,603 | +57.3% | 0.94% | +32.4% | |
| QTWO | Buy | Q2 HLDGS INC | $54,613,512 | -6.9% | 2,218,258 | +1.6% | 0.92% | -16.7% |
| WDFC | Buy | WD 40 CO | $52,337,601 | +11.3% | 293,949 | +0.8% | 0.88% | -0.5% |
| FICO | Buy | FAIR ISAAC CORP | $38,615,626 | +18.0% | 54,954 | +0.5% | 0.65% | +5.5% |
| DGII | Buy | DIGI INTL INC | $37,248,868 | +1980.3% | 1,105,964 | +2157.5% | 0.62% | +1735.3% |
| NRC | Buy | NATIONAL RESH CORP | $31,929,495 | +17.6% | 733,843 | +0.8% | 0.54% | +5.3% |
| ROL | Buy | ROLLINS INC | $31,484,743 | +3.0% | 838,922 | +0.3% | 0.53% | -7.9% |
| POOL | Buy | POOL CORP | $26,653,475 | +13.7% | 77,834 | +0.4% | 0.45% | +1.6% |
| TYL | Buy | TYLER TECHNOLOGIES INC | $25,790,130 | +34.0% | 72,722 | +21.8% | 0.43% | +20.0% |
| GGG | Buy | GRACO INC | $25,515,170 | +19.0% | 349,475 | +9.7% | 0.43% | +6.5% |
| WSO | Buy | WATSCO INC | $24,651,673 | +29.3% | 77,482 | +1.4% | 0.41% | +15.7% |
| JKHY | Buy | HENRY JACK & ASSOC INC | $22,887,586 | -13.8% | 151,855 | +0.4% | 0.38% | -22.9% |
| WST | Buy | WEST PHARMACEUTICAL SVSC INC | $21,331,465 | +47.8% | 61,568 | +0.4% | 0.36% | +32.2% |
| MTN | Buy | VAIL RESORTS INC | $18,490,865 | -1.7% | 79,129 | +0.2% | 0.31% | -11.9% |
| GWRE | Buy | GUIDEWIRE SOFTWARE INC | $15,754,174 | +31.5% | 192,007 | +0.3% | 0.26% | +17.9% |
| BFAM | Buy | BRIGHT HORIZONS FAM SOL IN D | $14,806,794 | +22.4% | 192,321 | +0.3% | 0.25% | +9.7% |
| CGNX | Buy | COGNEX CORP | $13,516,596 | +5.7% | 272,787 | +0.5% | 0.23% | -5.4% |
| EVI | Buy | EVI INDS INC | $13,418,876 | -17.0% | 677,721 | +0.0% | 0.22% | -25.7% |
| LCII | Buy | LCI INDS | $11,656,768 | +19.3% | 106,096 | +0.4% | 0.20% | +6.6% |
| FIVN | Buy | FIVE9 INC | $9,960,767 | +7.7% | 137,789 | +1.1% | 0.17% | -3.5% |
| GNRC | Buy | GENERAC HLDGS INC | $4,903,978 | +8.8% | 45,403 | +1.4% | 0.08% | -2.4% |
| NVEE | Buy | NV5 GLOBAL INC | $1,561,941 | -11.6% | 15,023 | +12.5% | 0.03% | -21.2% |
| New | LINDE PLC | $954,356 | – | 2,685 | +100.0% | 0.02% | – | |
| IDXX | Buy | IDEXX LABS INC | $825,132 | +28.0% | 1,650 | +4.4% | 0.01% | +16.7% |
| INTU | Buy | INTUIT | $615,245 | +18.0% | 1,380 | +3.0% | 0.01% | 0.0% |
| MTD | Buy | METTLER TOLEDO INTERNATIONAL | $417,747 | +59.7% | 273 | +50.8% | 0.01% | +40.0% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $430,479 | +22.0% | 4,150 | +3.8% | 0.01% | 0.0% |
| STE | Buy | STERIS PLC | $329,958 | +19.5% | 1,725 | +15.4% | 0.01% | +20.0% |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-04-24
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
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| NEOGEN CORP | 43 | Q3 2023 | 3.9% |
| AAON INC | 43 | Q3 2023 | 3.7% |
| SIMPSON MFG INC | 43 | Q3 2023 | 3.5% |
| BALCHEM CORP | 43 | Q3 2023 | 2.7% |
| PROS HOLDINGS INC | 43 | Q3 2023 | 3.2% |
| TYLER TECHNOLOGIES INC | 43 | Q3 2023 | 3.7% |
| COSTAR GROUP INC | 43 | Q3 2023 | 4.6% |
| ROLLINS INC | 43 | Q3 2023 | 2.2% |
| ALIGN TECHNOLOGY INC | 43 | Q3 2023 | 2.7% |
| GRACO INC | 43 | Q3 2023 | 0.5% |
View Conestoga Capital Advisors, LLC's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| EVI INDUSTRIES, INC. | January 18, 2023 | 677,391 | 5.4% |
| Omega Flex, Inc. | January 18, 2023 | 574,055 | 5.7% |
| MERCURY SYSTEMS INC | January 10, 2022 | 3,662,721 | 6.5% |
| SPS COMMERCE INC | January 10, 2022 | 1,886,914 | 5.2% |
| Altair Engineering Inc. | January 06, 2021 | 2,397,962 | 5.6% |
| Chefs' Warehouse, Inc. | January 17, 2020 | 2,152,375 | 7.1% |
| MGP INGREDIENTS INC | January 17, 2020 | 1,325,296 | 7.8% |
| SUN HYDRAULICS CORP | January 09, 2019 | 1,654,305 | 5.2% |
| WAGEWORKS, INC. | January 09, 2019 | 2,380,804 | 6.0% |
| NVE CORP /NEW/ | January 08, 2019 | 482,226 | 10.0% |
View Conestoga Capital Advisors, LLC's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-01-26 |
| SC 13G/A | 2024-01-05 |
| SC 13G/A | 2024-01-05 |
| SC 13G/A | 2024-01-05 |
| SC 13G/A | 2024-01-05 |
| SC 13G/A | 2024-01-05 |
| SC 13G/A | 2024-01-05 |
| SC 13G/A | 2024-01-05 |
| SC 13G/A | 2024-01-05 |
| SC 13G/A | 2024-01-05 |
View Conestoga Capital Advisors, LLC's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.