13F HOLDINGS REPORT
Montanaro Asset Management Ltd
Quarter ended Q2 2025 · Filed August 5, 2025 · Accession 0001085146-25-004529
Total Value
$387.9M
Positions
39
Other Managers
0
Confidential Omitted
No
Holdings (39)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BENTLEY SYS INC | BSY | 436,900 | $23.6M | 6.08% |
| 2 | TYLER TECHNOLOGIES INC | TYL | 38,075 | $22.6M | 5.82% |
| 3 | NOVA LTD | NVMI | 71,830 | $19.8M | 5.10% |
| 4 | STRIDE INC | LRN | 120,000 | $17.4M | 4.49% |
| 5 | TRANSMEDICS GROUP INC | TMDX | 125,936 | $16.9M | 4.35% |
| 6 | TREX CO INC | TREX | 300,462 | $16.3M | 4.21% |
| 7 | BIO-TECHNE CORP | TECH | 294,950 | $15.2M | 3.91% |
| 8 | ROLLINS INC | ROL | 265,000 | $15.0M | 3.85% |
| 9 | HOULIHAN LOKEY INC | HLI | 81,000 | $14.6M | 3.76% |
| 10 | MANHATTAN ASSOCIATES INC | MANH | 71,060 | $14.0M | 3.62% |
| 11 | PAYCOM SOFTWARE INC | PAYC | 57,500 | $13.3M | 3.43% |
| 12 | BRUKER CORP | BRKRP | 310,700 | $12.8M | 3.30% |
| 13 | AMERICAN WTR WKS CO INC NEW | 030420103 | 86,540 | $12.0M | 3.10% |
| 14 | BALCHEM CORP | BCPC | 74,400 | $11.8M | 3.05% |
| 15 | ANSYS INC | 03662Q105 | 32,900 | $11.6M | 2.98% |
| 16 | CSW INDUSTRIALS INC | CSW | 40,000 | $11.5M | 2.96% |
| 17 | VEEVA SYS INC | VEEV | 35,800 | $10.3M | 2.66% |
| 18 | ALARM COM HLDGS INC | ALRM | 177,600 | $10.0M | 2.59% |
| 19 | FABRINET | FN | 33,000 | $9.7M | 2.51% |
| 20 | SITIME CORP | SITM | 45,000 | $9.6M | 2.47% |
| 21 | EXPONENT INC | EXPO | 121,600 | $9.1M | 2.34% |
| 22 | HAWKINS INC | HWKN | 59,100 | $8.4M | 2.17% |
| 23 | FTI CONSULTING INC | FCN | 50,000 | $8.1M | 2.08% |
| 24 | GRACO INC | GGG | 90,000 | $7.7M | 1.99% |
| 25 | TRADEWEB MKTS INC | 892672106 | 52,500 | $7.7M | 1.98% |
| 26 | MSCI INC | MSCI | 12,750 | $7.4M | 1.90% |
| 27 | BELLRING BRANDS INC | BRBR | 110,000 | $6.4M | 1.64% |
| 28 | ENTEGRIS INC | ENTG | 59,400 | $4.8M | 1.24% |
| 29 | FEDERAL SIGNAL CORP | FSS | 43,900 | $4.7M | 1.20% |
| 30 | ADVANCED DRAIN SYS INC DEL | 00790R104 | 37,800 | $4.3M | 1.12% |
| 31 | BADGER METER INC | BMI | 17,600 | $4.3M | 1.11% |
| 32 | FORMFACTOR INC | FORM | 125,000 | $4.3M | 1.11% |
| 33 | STEVANATO GROUP S P A | STVN | 175,000 | $4.3M | 1.10% |
| 34 | MASIMO CORP | MASI | 22,860 | $3.8M | 0.99% |
| 35 | COGNEX CORP | CGNX | 110,212 | $3.5M | 0.90% |
| 36 | TRANSCAT INC | TRNS | 40,000 | $3.4M | 0.89% |
| 37 | HEALTHEQUITY INC | HQY | 28,100 | $2.9M | 0.76% |
| 38 | ENERGY RECOVERY INC | ERII | 205,560 | $2.6M | 0.68% |
| 39 | UNIVERSAL DISPLAY CORP | OLED | 14,000 | $2.2M | 0.56% |