$6.3 Billion is the total value of Conestoga Capital Advisors, LLC's 126 reported holdings in Q2 2023. The portfolio turnover from Q1 2023 to Q2 2023 was 5.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SPSC | Sell | SPS COMM INC | $302,199,496 | +25.1% | 1,573,464 | -0.8% | 4.80% | +18.6% |
| CWST | Sell | CASELLA WASTE SYS INCcl a | $276,177,769 | +9.3% | 3,053,375 | -0.1% | 4.38% | +3.6% |
| DSGX | Sell | DESCARTES SYS GROUP INC | $240,333,124 | -0.8% | 3,000,039 | -0.1% | 3.82% | -5.9% |
| NOVT | Sell | NOVANTA INC | $232,840,659 | +3.2% | 1,264,751 | -10.8% | 3.70% | -2.2% |
| EXPO | Buy | EXPONENT INC | $225,298,498 | -6.1% | 2,414,257 | +0.3% | 3.58% | -11.0% |
| AAON | Sell | AAON INC | $209,369,841 | -2.6% | 2,208,310 | -0.6% | 3.32% | -7.6% |
| FSV | Sell | FIRSTSERVICE CORP NEW | $207,875,976 | +9.2% | 1,349,056 | -0.1% | 3.30% | +3.5% |
| SSD | Buy | SIMPSON MFG INC | $191,745,995 | +26.7% | 1,384,448 | +0.3% | 3.04% | +20.1% |
| SITE | Buy | SITEONE LANDSCAPE SUPPLY INC | $180,880,847 | +22.3% | 1,080,789 | +0.0% | 2.87% | +16.0% |
| ALTR | Sell | ALTAIR ENGR INC | $179,701,439 | +5.1% | 2,369,481 | -0.0% | 2.85% | -0.3% |
| MMSI | Buy | MERIT MED SYS INC | $175,164,576 | +13.3% | 2,094,268 | +0.1% | 2.78% | +7.4% |
| ROAD | Sell | CONSTRUCTION PARTNERS INC | $159,807,494 | +13.1% | 5,091,032 | -2.9% | 2.54% | +7.2% |
| NEOG | Buy | NEOGEN CORP | $150,791,794 | +42.9% | 6,932,956 | +21.7% | 2.39% | +35.5% |
| ROLL | Buy | RBC BEARINGS INC | $148,004,863 | -6.5% | 680,576 | +0.0% | 2.35% | -11.4% |
| BCPC | Buy | BALCHEM CORP | $142,187,124 | +7.1% | 1,054,722 | +0.5% | 2.26% | +1.5% |
| HLIO | Buy | HELIOS TECHNOLOGIES INC | $135,020,470 | +31.7% | 2,042,979 | +30.4% | 2.14% | +24.9% |
| MODN | Buy | MODEL N INC | $134,410,291 | +5.9% | 3,801,196 | +0.2% | 2.13% | +0.4% |
| LMAT | Buy | LEMAITRE VASCULAR INC | $125,254,212 | +31.3% | 1,861,686 | +0.5% | 1.99% | +24.5% |
| Buy | STEVANATO GROUP S P A | $122,653,881 | +33.9% | 3,787,952 | +7.1% | 1.95% | +26.9% | |
| FOXF | Sell | FOX FACTORY HLDG CORP | $119,411,349 | -10.9% | 1,100,464 | -0.3% | 1.90% | -15.5% |
| TREX | Buy | TREX CO INC | $118,694,938 | +34.7% | 1,810,478 | +0.0% | 1.88% | +27.6% |
| JBT | Sell | JOHN BEAN TECHNOLOGIES CORP | $111,389,861 | +10.5% | 918,301 | -0.4% | 1.77% | +4.7% |
| Sell | PAYCOR HCM INC | $108,439,750 | -11.0% | 4,581,316 | -0.3% | 1.72% | -15.7% | |
| AXON | Sell | AXON ENTERPRISE INC | $104,968,706 | -15.4% | 537,970 | -2.5% | 1.67% | -19.8% |
| ESE | Buy | ESCO TECHNOLOGIES INC | $102,078,821 | +9.1% | 985,032 | +0.5% | 1.62% | +3.4% |
| Sell | CLEARWATER ANALYTICS HLDGS Icl a | $98,549,796 | -0.7% | 6,209,817 | -0.2% | 1.56% | -5.9% | |
| PRO | Sell | PROS HOLDINGS INC | $97,611,175 | +10.7% | 3,169,194 | -1.5% | 1.55% | +5.0% |
| SLP | Buy | SIMULATIONS PLUS INC | $96,815,879 | -0.9% | 2,234,384 | +0.5% | 1.54% | -6.1% |
| RGEN | Sell | REPLIGEN CORP | $96,554,230 | -16.3% | 682,555 | -0.4% | 1.53% | -20.7% |
| WK | Sell | WORKIVA INC | $93,355,395 | -1.7% | 918,310 | -1.0% | 1.48% | -6.8% |
| DGII | Buy | DIGI INTL INC | $90,677,553 | +143.4% | 2,302,045 | +108.1% | 1.44% | +130.6% |
| VCEL | Sell | VERICEL CORP | $87,769,907 | +25.9% | 2,336,170 | -1.8% | 1.39% | +19.3% |
| MRCY | Sell | MERCURY SYS INC | $85,634,843 | -33.2% | 2,475,711 | -1.2% | 1.36% | -36.6% |
| OMCL | Sell | OMNICELL COM | $82,427,079 | +24.2% | 1,118,869 | -1.1% | 1.31% | +17.6% |
| Buy | HILLMAN SOLUTIONS CORP | $81,874,104 | +31.0% | 9,087,026 | +22.4% | 1.30% | +24.3% | |
| BL | Buy | BLACKLINE INC | $75,768,872 | -19.8% | 1,407,820 | +0.0% | 1.20% | -24.0% |
| MLAB | Sell | MESA LABS INC | $74,044,709 | -26.7% | 576,223 | -0.4% | 1.18% | -30.6% |
| QTWO | Sell | Q2 HLDGS INC | $67,909,424 | +24.3% | 2,197,716 | -0.9% | 1.08% | +17.8% |
| PLOW | Sell | DOUGLAS DYNAMICS INC | $66,123,977 | -21.5% | 2,212,985 | -16.2% | 1.05% | -25.5% |
| TRNS | Sell | TRANSCAT INC | $62,226,052 | -4.8% | 729,411 | -0.2% | 0.99% | -9.7% |
| BRKS | Sell | AZENTA INC | $60,000,418 | +2.6% | 1,285,356 | -1.9% | 0.95% | -2.8% |
| Sell | DEFINITIVE HEALTHCARE CORP | $59,929,133 | +6.3% | 5,448,103 | -0.2% | 0.95% | +0.7% | |
| FSS | New | FEDERAL SIGNAL CORP | $55,390,112 | – | 865,065 | +100.0% | 0.88% | – |
| WDFC | Sell | WD 40 CO | $55,167,559 | +5.4% | 292,433 | -0.5% | 0.88% | 0.0% |
| VERX | Sell | VERTEX INCcl a | $55,109,886 | -8.4% | 2,826,148 | -2.8% | 0.88% | -13.1% |
| FICO | Sell | FAIR ISAAC CORP | $43,741,037 | +13.3% | 54,054 | -1.6% | 0.69% | +7.3% |
| OFLX | Sell | OMEGA FLEX INC | $36,577,751 | -40.2% | 352,455 | -35.8% | 0.58% | -43.3% |
| ROL | Sell | ROLLINS INC | $35,254,872 | +12.0% | 823,135 | -1.9% | 0.56% | +6.3% |
| NRC | Sell | NATIONAL RESH CORP | $31,750,985 | -0.6% | 729,740 | -0.6% | 0.50% | -5.8% |
| GGG | Sell | GRACO INC | $29,927,615 | +17.3% | 346,585 | -0.8% | 0.48% | +11.2% |
| TYL | Sell | TYLER TECHNOLOGIES INC | $29,861,315 | +15.8% | 71,701 | -1.4% | 0.47% | +9.7% |
| WSO | Buy | WATSCO INC | $29,711,554 | +20.5% | 77,887 | +0.5% | 0.47% | +14.3% |
| POOL | Sell | POOL CORP | $29,028,980 | +8.9% | 77,485 | -0.4% | 0.46% | +3.4% |
| JKHY | Buy | HENRY JACK & ASSOC INC | $25,431,315 | +11.1% | 151,983 | +0.1% | 0.40% | +5.5% |
| HEIA | Sell | HEICO CORP NEWcl a | $24,831,366 | +1.2% | 176,610 | -2.2% | 0.39% | -4.1% |
| WST | Sell | WEST PHARMACEUTICAL SVSC INC | $22,314,065 | +4.6% | 58,342 | -5.2% | 0.35% | -0.8% |
| TECH | Sell | BIO-TECHNE CORP | $20,775,406 | +8.1% | 254,507 | -1.8% | 0.33% | +2.5% |
| MTN | Sell | VAIL RESORTS INC | $19,901,628 | +7.6% | 79,050 | -0.1% | 0.32% | +1.9% |
| IT | Sell | GARTNER INC | $17,969,502 | -1.4% | 51,296 | -8.3% | 0.28% | -6.6% |
| BFAM | Sell | BRIGHT HORIZONS FAM SOL IN D | $17,524,914 | +18.4% | 189,561 | -1.4% | 0.28% | +12.1% |
| CGNX | Sell | COGNEX CORP | $15,270,884 | +13.0% | 272,597 | -0.1% | 0.24% | +7.1% |
| GWRE | Buy | GUIDEWIRE SOFTWARE INC | $14,611,697 | -7.3% | 192,057 | +0.0% | 0.23% | -12.1% |
| TFX | Buy | TELEFLEX INCORPORATED | $14,502,196 | -3.8% | 59,919 | +0.7% | 0.23% | -8.7% |
| EVI | Sell | EVI INDS INC | $14,253,382 | +6.2% | 647,881 | -4.4% | 0.23% | +0.4% |
| LCII | Buy | LCI INDS | $13,508,642 | +15.9% | 106,906 | +0.8% | 0.21% | +9.7% |
| FIVN | Buy | FIVE9 INC | $11,408,277 | +14.5% | 138,366 | +0.4% | 0.18% | +8.4% |
| GNRC | Sell | GENERAC HLDGS INC | $6,749,922 | +37.6% | 45,262 | -0.3% | 0.11% | +30.5% |
| USPH | Sell | U S PHYSICAL THERAPY | $1,740,126 | +10.2% | 14,335 | -11.1% | 0.03% | +7.7% |
| ANSS | Sell | ANSYS INC | $1,622,617 | -14.6% | 4,913 | -14.0% | 0.03% | -18.8% |
| NVEE | NV5 GLOBAL INC | $1,664,098 | +6.5% | 15,023 | 0.0% | 0.03% | 0.0% | |
| IIIV | I3 VERTICALS INC | $1,527,094 | -6.8% | 66,802 | 0.0% | 0.02% | -11.1% | |
| PLMR | PALOMAR HLDGS INC | $1,512,638 | +5.1% | 26,062 | 0.0% | 0.02% | 0.0% | |
| MEG | MONTROSE ENVIRONMENTAL GROUP | $1,391,434 | +18.1% | 33,035 | 0.0% | 0.02% | +10.0% | |
| BLFS | Sell | BIOLIFE SOLUTIONS INC | $1,375,990 | -13.3% | 62,262 | -14.6% | 0.02% | -18.5% |
| KIDS | ORTHOPEDIATRICS CORP | $1,411,225 | -1.0% | 32,183 | 0.0% | 0.02% | -8.3% | |
| OLO | Buy | OLO INCcl a | $1,351,787 | -8.1% | 209,255 | +16.1% | 0.02% | -16.0% |
| PHR | PHREESIA INC | $1,345,369 | -4.0% | 43,385 | 0.0% | 0.02% | -8.7% | |
| CSGP | Sell | COSTAR GROUP INC | $1,278,930 | +17.9% | 14,370 | -8.8% | 0.02% | +11.1% |
| SSTI | Buy | SOUNDTHINKING INC | $1,202,081 | -36.0% | 54,990 | +15.2% | 0.02% | -38.7% |
| CYRX | Buy | CRYOPORT INC | $1,171,309 | -9.4% | 67,902 | +26.0% | 0.02% | -13.6% |
| VRSK | Sell | VERISK ANALYTICS INC | $1,178,746 | +6.8% | 5,215 | -9.3% | 0.02% | +5.6% |
| CPRT | Sell | COPART INC | $1,191,659 | +5.4% | 13,065 | -13.1% | 0.02% | 0.0% |
| AAPL | Sell | APPLE INC | $1,126,966 | -7.1% | 5,810 | -21.1% | 0.02% | -10.0% |
| COST | Sell | COSTCO WHSL CORP NEW | $1,162,901 | -4.9% | 2,160 | -12.2% | 0.02% | -10.0% |
| SPGI | Sell | S&P GLOBAL INC | $1,127,292 | +3.0% | 2,812 | -11.4% | 0.02% | 0.0% |
| FTNT | Sell | FORTINET INC | $1,087,060 | +2.0% | 14,381 | -10.3% | 0.02% | -5.6% |
| MSFT | MICROSOFT CORP | $1,062,144 | +18.1% | 3,119 | 0.0% | 0.02% | +13.3% | |
| FAST | Sell | FASTENAL CO | $1,045,598 | -1.7% | 17,725 | -10.1% | 0.02% | -5.6% |
| New | PLANET LABS PBC | $1,071,648 | – | 332,810 | +100.0% | 0.02% | – | |
| WLDN | WILLDAN GROUP INC | $1,016,879 | +22.7% | 53,073 | 0.0% | 0.02% | +14.3% | |
| TSCO | Sell | TRACTOR SUPPLY CO | $974,388 | -14.7% | 4,407 | -9.3% | 0.02% | -21.1% |
| Sell | LINDE PLC | $908,876 | -4.8% | 2,385 | -11.2% | 0.01% | -12.5% | |
| ROP | Sell | ROPER TECHNOLOGIES INC | $907,270 | -12.2% | 1,887 | -19.5% | 0.01% | -17.6% |
| WCN | Sell | WASTE CONNECTIONS INC | $741,378 | -11.7% | 5,187 | -14.1% | 0.01% | -14.3% |
| SMLR | SEMLER SCIENTIFIC INC | $768,019 | -2.1% | 29,269 | 0.0% | 0.01% | -7.7% | |
| XOM | Sell | EXXON MOBIL CORP | $727,048 | -4.3% | 6,779 | -2.2% | 0.01% | -7.7% |
| IDXX | Sell | IDEXX LABS INC | $742,798 | -10.0% | 1,479 | -10.4% | 0.01% | -14.3% |
| MKL | Sell | MARKEL GROUP INC | $643,179 | -10.9% | 465 | -17.7% | 0.01% | -16.7% |
| TKNO | ALPHA TEKNOVA INC | $634,736 | -9.8% | 237,729 | 0.0% | 0.01% | -16.7% | |
| INTU | INTUIT | $632,302 | +2.8% | 1,380 | 0.0% | 0.01% | 0.0% | |
| FDS | Sell | FACTSET RESH SYS INC | $587,353 | -19.3% | 1,466 | -16.4% | 0.01% | -25.0% |
| JNJ | Sell | JOHNSON & JOHNSON | $551,182 | -3.4% | 3,330 | -9.5% | 0.01% | -10.0% |
| VEEV | Sell | VEEVA SYS INC | $580,733 | -7.3% | 2,937 | -13.9% | 0.01% | -10.0% |
| ALGN | Sell | ALIGN TECHNOLOGY INC | $508,534 | -5.5% | 1,438 | -10.7% | 0.01% | -11.1% |
| XYL | Sell | XYLEM INC | $482,239 | -2.6% | 4,282 | -9.5% | 0.01% | 0.0% |
| SJM | Sell | SMUCKER J M CO | $468,114 | -13.0% | 3,170 | -7.3% | 0.01% | -22.2% |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $417,753 | -3.0% | 3,490 | -15.9% | 0.01% | 0.0% |
| MA | Sell | MASTERCARD INCORPORATEDcl a | $434,596 | +6.8% | 1,105 | -1.3% | 0.01% | 0.0% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $379,846 | +1.5% | 3,140 | -12.8% | 0.01% | 0.0% |
| NSTG | NANOSTRING TECHNOLOGIES INC | $371,474 | -59.1% | 91,722 | 0.0% | 0.01% | -60.0% | |
| HD | HOME DEPOT INC | $377,428 | +5.3% | 1,215 | 0.0% | 0.01% | 0.0% | |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $375,100 | +9.0% | 1,100 | -1.3% | 0.01% | 0.0% |
| NKE | Sell | NIKE INCcl b | $290,273 | -25.6% | 2,630 | -17.3% | 0.01% | -28.6% |
| MRK | MERCK & CO INC | $288,475 | +8.5% | 2,500 | 0.0% | 0.01% | +25.0% | |
| JPM | Sell | JPMORGAN CHASE & CO | $300,479 | -6.5% | 2,066 | -16.2% | 0.01% | 0.0% |
| ITW | ILLINOIS TOOL WKS INC | $295,189 | +2.8% | 1,180 | 0.0% | 0.01% | 0.0% | |
| WTRG | Sell | ESSENTIAL UTILS INC | $292,820 | -16.5% | 7,337 | -8.7% | 0.01% | -16.7% |
| STE | Sell | STERIS PLC | $340,845 | +3.3% | 1,515 | -12.2% | 0.01% | -16.7% |
| GRMN | GARMIN LTD | $330,599 | +3.3% | 3,170 | 0.0% | 0.01% | 0.0% | |
| ADBE | ADOBE SYSTEMS INCORPORATED | $337,403 | +26.9% | 690 | 0.0% | 0.01% | +25.0% | |
| DLB | Sell | DOLBY LABORATORIES INC | $268,613 | -23.5% | 3,210 | -21.9% | 0.00% | -33.3% |
| PEP | Sell | PEPSICO INC | $268,569 | -20.4% | 1,450 | -21.6% | 0.00% | -33.3% |
| MTD | Sell | METTLER TOLEDO INTERNATIONAL | $282,003 | -32.5% | 215 | -21.2% | 0.00% | -42.9% |
| AMGN | AMGEN INC | $250,883 | -8.2% | 1,130 | 0.0% | 0.00% | -20.0% | |
| BLL | Sell | BALL CORP | $271,491 | -19.4% | 4,664 | -23.7% | 0.00% | -33.3% |
| DHR | Buy | DANAHER CORPORATION | $255,600 | -2.0% | 1,065 | +2.9% | 0.00% | 0.0% |
| WPC | Exit | WP CAREY INC | $0 | – | -2,850 | -100.0% | -0.00% | – |
| TCYSF | Exit | TECSYS INC COM | $0 | – | -50,740 | -100.0% | -0.02% | – |
| HCAT | Exit | HEALTH CATALYST INC | $0 | – | -90,718 | -100.0% | -0.02% | – |
| THBRF | Exit | THUNDERBIRD ENTERTAINMENT GROU | $0 | – | -588,950 | -100.0% | -0.02% | – |
| AQUA | Exit | EVOQUA WATER TECHNOLOGIES CO | $0 | – | -1,902,594 | -100.0% | -1.58% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-07-28
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 | 42 | Q2 2023 | 3.9% |
| AAON INC | 42 | Q2 2023 | 3.7% |
| SIMPSON MFG INC | 42 | Q2 2023 | 3.0% |
| BALCHEM CORP | 42 | Q2 2023 | 2.7% |
| PROS HOLDINGS INC | 42 | Q2 2023 | 3.2% |
| TYLER TECHNOLOGIES INC | 42 | Q2 2023 | 3.7% |
| COSTAR GROUP INC | 42 | Q2 2023 | 4.6% |
| ROLLINS INC | 42 | Q2 2023 | 2.2% |
| ALIGN TECHNOLOGY INC | 42 | Q2 2023 | 2.7% |
| GRACO INC | 42 | Q2 2023 | 0.5% |
View Conestoga Capital Advisors, LLC's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Simulations Plus, Inc. | January 19, 2023 | 2,306,377 | 11.4% |
| Stevanato Group S.p.A. | January 19, 2023 | 3,630,055 | 10.6% |
| TRANSCAT INC | January 19, 2023 | 764,540 | 10.1% |
| Vericel Corp | January 19, 2023 | 2,479,475 | 5.2% |
| Vertex, Inc. | January 19, 2023 | 3,064,839 | 6.3% |
| Clearwater Analytics Holdings, Inc. | January 18, 2023 | 3,801,095 | 6.4% |
| Construction Partners, Inc. | January 18, 2023 | 5,458,251 | 13.2% |
| DOUGLAS DYNAMICS, INC | January 18, 2023 | 2,844,771 | 12.4% |
| EVI INDUSTRIES, INC. | January 18, 2023 | 677,391 | 5.4% |
| HELIOS TECHNOLOGIES, INC. | January 18, 2023 | 1,643,512 | 5.0% |
View Conestoga Capital Advisors, LLC's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2023-07-28 |
| 13F-HR | 2023-04-24 |
| 13F-HR | 2023-02-01 |
| SC 13G/A | 2023-01-19 |
| SC 13G/A | 2023-01-19 |
| SC 13G/A | 2023-01-19 |
| SC 13G/A | 2023-01-19 |
| SC 13G | 2023-01-19 |
| SC 13G/A | 2023-01-18 |
| SC 13G/A | 2023-01-18 |
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.