Montanaro Asset Management Ltd Concentrated Active

Location: London, United Kingdom

CIK: 0001831133 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 9, 2024

Total Value: $532M (100.0% shares, 0.0% debt)

Holdings (43)

BRKR BRUKER CORP 6.4%

Value $34.19M Shares 465,300 Est. Cost $53.65 Unrealized +18.4%

ICLR ICON PLC 6.2%

Value $32.89M Shares 116,200 Est. Cost $198.79 Unrealized +30.2%

TECH BIO-TECHNE CORP 5.3%

Value $28.19M Shares 365,300 Est. Cost $82.60 Unrealized -21.1%

TREX TREX CO INC 5.2%

Value $27.53M Shares 332,500 Est. Cost $74.26 Unrealized -10.7%

TYL TYLER TECHNOLOGIES INC 5.1%

Value $27.05M Shares 64,700 Est. Cost $429.96 Unrealized -7.0%

— ANSYS INC 4.9%

Value $25.9M Shares 71,375 Est. Cost $341.33 Unrealized —

NVMI NOVA LTD 4.7%

Value $24.94M Shares 181,500 Est. Cost $93.01 Unrealized +24.2%

BCPC BALCHEM CORP 4.2%

Value $22.46M Shares 151,000 Est. Cost $126.02 Unrealized -0.2%

AWK AMERICAN WTR WKS CO INC NEW 3.8%

Value $20.03M Shares 151,750 Est. Cost $139.43 Unrealized -13.9%

MSCI MSCI INC 3.3%

Value $17.46M Shares 30,875 Est. Cost $437.14 Unrealized +15.1%

HLI HOULIHAN LOKEY INC 3.3%

Value $17.36M Shares 144,750 Est. Cost $65.46 Unrealized +60.5%

BSY BENTLEY SYS INC 3.0%

Value $16.01M Shares 306,875 Est. Cost $45.60 Unrealized +11.4%

EXPO EXPONENT INC 2.9%

Value $15.45M Shares 175,500 Est. Cost $84.05 Unrealized -5.4%

VEEV VEEVA SYS INC 2.9%

Value $15.31M Shares 79,550 Est. Cost $235.96 Unrealized -20.1%

POWI POWER INTEGRATIONS INC 2.7%

Value $14.6M Shares 177,750 Est. Cost $75.63 Unrealized -1.8%

ENTG ENTEGRIS INC 2.6%

Value $14.02M Shares 117,000 Est. Cost $123.75 Unrealized -18.7%

ALRM ALARM COM HLDGS INC 2.5%

Value $13.31M Shares 206,000 Est. Cost $71.62 Unrealized -19.9%

CGNX COGNEX CORP 2.5%

Value $13.21M Shares 316,500 Est. Cost $68.18 Unrealized -44.6%

WMS ADVANCED DRAIN SYS INC DEL 2.5%

Value $13.15M Shares 93,500 Est. Cost $111.70 Unrealized +6.8%

XYL XYLEM INC 2.5%

Value $13.04M Shares 114,000 Est. Cost $95.42 Unrealized +2.1%

ERII ENERGY RECOVERY INC 2.4%

Value $12.51M Shares 664,000 Est. Cost $20.03 Unrealized -7.3%

MASI MASIMO CORP 2.3%

Value $12.22M Shares 104,250 Est. Cost $227.91 Unrealized -59.1%

IEX IDEX CORP 2.2%

Value $11.51M Shares 53,000 Est. Cost $197.09 Unrealized -0.5%

SEDG SOLAREDGE TECHNOLOGIES INC 2.0%

Value $10.83M Shares 115,675 Est. Cost $237.24 Unrealized -61.6%

BMI BADGER METER INC 2.0%

Value $10.65M Shares 69,000 Est. Cost $85.24 Unrealized +68.3%

CSW CSW INDUSTRIALS INC 1.8%

Value $9.333M Shares 45,000 Est. Cost $111.31 Unrealized +61.6%

ROL ROLLINS INC 1.7%

Value $8.8M Shares 201,500 Est. Cost $36.44 Unrealized +4.0%

SITM SITIME CORP 1.6%

Value $8.247M Shares 67,550 Est. Cost $124.83 Unrealized -9.3%

AXON AXON ENTERPRISE INC 1.5%

Value $8.047M Shares 31,150 Est. Cost $158.15 Unrealized +42.5%

FN FABRINET 1.4%

Value $7.613M Shares 40,000 Est. Cost $118.76 Unrealized +44.3%

PCTY PAYLOCITY HLDG CORP 1.1%

Value $5.77M Shares 35,000 Est. Cost $186.52 Unrealized -9.7%

FORM FORMFACTOR INC 1.0%

Value $5.401M Shares 129,500 Est. Cost $32.49 Unrealized +12.6%

FOXF FOX FACTORY HLDG CORP 0.7%

Value $3.711M Shares 55,000 Est. Cost $95.75 Unrealized -23.8%

NRC NATIONAL RESH CORP 0.5%

Value $2.654M Shares 67,100 Est. Cost $50.78 Unrealized -17.6%

PAYC PAYCOM SOFTWARE INC 0.5%

Value $2.439M Shares 11,800 Est. Cost $341.91 Unrealized -39.2%

INMD INMODE LTD 0.4%

Value $2.341M Shares 105,250 Est. Cost $61.36 Unrealized -63.4%

— TECHTARGET INC 0.4%

Value $2.092M Shares 60,000 Est. Cost $55.27 Unrealized —

TMDX TRANSMEDICS GROUP INC 0.1%

Value $564K Shares 7,150 Est. Cost $28.52 Unrealized +111.5%

ZS ZSCALER INC 0.0%

Value $222K Shares 1,000 Est. Cost $213.39 Unrealized -13.2%

— SHOCKWAVE MED INC 0.0%

Value $162K Shares 850 Est. Cost $203.32 Unrealized —

AMBA AMBARELLA INC 0.0%

Value $135K Shares 2,200 Est. Cost $93.08 Unrealized -41.4%

MXCT MAXCYTE INC 0.0%

Value $130K Shares 29,000 Est. Cost $15.08 Unrealized -74.2%

U UNITY SOFTWARE INC 0.0%

Value $123K Shares 3,000 Est. Cost $98.76 Unrealized -68.8%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRKR	BRUKER CORP	465,300	$34.19M	6.4%	$53.65	+18.4%	COM	116794108
ICLR	ICON PLC	116,200	$32.89M	6.2%	$198.79	+30.2%	SHS	G4705A100
TECH	BIO-TECHNE CORP	365,300	$28.19M	5.3%	$82.60	-21.1%	COM	09073M104
TREX	TREX CO INC	332,500	$27.53M	5.2%	$74.26	-10.7%	COM	89531P105
TYL	TYLER TECHNOLOGIES INC	64,700	$27.05M	5.1%	$429.96	-7.0%	COM	902252105
—	ANSYS INC	71,375	$25.9M	4.9%	$341.33	—	COM	03662Q105
NVMI	NOVA LTD	181,500	$24.94M	4.7%	$93.01	+24.2%	COM	M7516K103
BCPC	BALCHEM CORP	151,000	$22.46M	4.2%	$126.02	-0.2%	COM	057665200
AWK	AMERICAN WTR WKS CO INC NEW	151,750	$20.03M	3.8%	$139.43	-13.9%	COM	030420103
MSCI	MSCI INC	30,875	$17.46M	3.3%	$437.14	+15.1%	COM	55354G100
HLI	HOULIHAN LOKEY INC	144,750	$17.36M	3.3%	$65.46	+60.5%	CL A	441593100
BSY	BENTLEY SYS INC	306,875	$16.01M	3.0%	$45.60	+11.4%	COM CL B	08265T208
EXPO	EXPONENT INC	175,500	$15.45M	2.9%	$84.05	-5.4%	COM	30214U102
VEEV	VEEVA SYS INC	79,550	$15.31M	2.9%	$235.96	-20.1%	CL A COM	922475108
POWI	POWER INTEGRATIONS INC	177,750	$14.6M	2.7%	$75.63	-1.8%	COM	739276103
ENTG	ENTEGRIS INC	117,000	$14.02M	2.6%	$123.75	-18.7%	COM	29362U104
ALRM	ALARM COM HLDGS INC	206,000	$13.31M	2.5%	$71.62	-19.9%	COM	011642105
CGNX	COGNEX CORP	316,500	$13.21M	2.5%	$68.18	-44.6%	COM	192422103
WMS	ADVANCED DRAIN SYS INC DEL	93,500	$13.15M	2.5%	$111.70	+6.8%	COM	00790R104
XYL	XYLEM INC	114,000	$13.04M	2.5%	$95.42	+2.1%	COM	98419M100
ERII	ENERGY RECOVERY INC	664,000	$12.51M	2.4%	$20.03	-7.3%	COM	29270J100
MASI	MASIMO CORP	104,250	$12.22M	2.3%	$227.91	-59.1%	COM	574795100
IEX	IDEX CORP	53,000	$11.51M	2.2%	$197.09	-0.5%	COM	45167R104
SEDG	SOLAREDGE TECHNOLOGIES INC	115,675	$10.83M	2.0%	$237.24	-61.6%	COM	83417M104
BMI	BADGER METER INC	69,000	$10.65M	2.0%	$85.24	+68.3%	COM	056525108
CSW	CSW INDUSTRIALS INC	45,000	$9.333M	1.8%	$111.31	+61.6%	COM	126402106
ROL	ROLLINS INC	201,500	$8.8M	1.7%	$36.44	+4.0%	COM	775711104
SITM	SITIME CORP	67,550	$8.247M	1.6%	$124.83	-9.3%	COM	82982T106
AXON	AXON ENTERPRISE INC	31,150	$8.047M	1.5%	$158.15	+42.5%	COM	05464C101
FN	FABRINET	40,000	$7.613M	1.4%	$118.76	+44.3%	SHS	G3323L100
PCTY	PAYLOCITY HLDG CORP	35,000	$5.77M	1.1%	$186.52	-9.7%	COM	70438V106
FORM	FORMFACTOR INC	129,500	$5.401M	1.0%	$32.49	+12.6%	COM	346375108
FOXF	FOX FACTORY HLDG CORP	55,000	$3.711M	0.7%	$95.75	-23.8%	COM	35138V102
NRC	NATIONAL RESH CORP	67,100	$2.654M	0.5%	$50.78	-17.6%	COM NEW	637372202
PAYC	PAYCOM SOFTWARE INC	11,800	$2.439M	0.5%	$341.91	-39.2%	COM	70432V102
INMD	INMODE LTD	105,250	$2.341M	0.4%	$61.36	-63.4%	SHS	M5425M103
—	TECHTARGET INC	60,000	$2.092M	0.4%	$55.27	—	COM	87874R100
TMDX	TRANSMEDICS GROUP INC	7,150	$564K	0.1%	$28.52	+111.5%	COM	89377M109
ZS	ZSCALER INC	1,000	$222K	0.0%	$213.39	-13.2%	COM	98980G102
—	SHOCKWAVE MED INC	850	$162K	0.0%	$203.32	—	COM	82489T104
AMBA	AMBARELLA INC	2,200	$135K	0.0%	$93.08	-41.4%	SHS	G037AX101
MXCT	MAXCYTE INC	29,000	$130K	0.0%	$15.08	-74.2%	COM	57777K106
U	UNITY SOFTWARE INC	3,000	$123K	0.0%	$98.76	-68.8%	COM	91332U101