Montanaro Asset Management Ltd Concentrated Active

Location: London, United Kingdom

CIK: 0001831133 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 13, 2025

Total Value: $341M (100.0% shares, 0.0% debt)

Holdings (46)

TYL TYLER TECHNOLOGIES INC 7.1%

Value $24.11M Shares 41,461 Est. Cost $429.90 Unrealized +38.1%

LRN STRIDE INC 5.2%

Value $17.79M Shares 140,600 Est. Cost $72.61 Unrealized +74.1%

TREX TREX CO INC 5.0%

Value $17.01M Shares 292,800 Est. Cost $74.04 Unrealized -12.3%

TECH BIO-TECHNE CORP 4.4%

Value $15.04M Shares 256,600 Est. Cost $81.88 Unrealized -17.7%

ROL ROLLINS INC 4.1%

Value $14.05M Shares 260,000 Est. Cost $39.07 Unrealized +27.1%

BRKR BRUKER CORP 3.9%

Value $13.3M Shares 318,700 Est. Cost $54.67 Unrealized -5.3%

AWK AMERICAN WTR WKS CO INC NEW 3.8%

Value $12.88M Shares 87,300 Est. Cost $136.21 Unrealized -5.2%

HLI HOULIHAN LOKEY INC 3.8%

Value $12.84M Shares 79,500 Est. Cost $68.56 Unrealized +147.5%

BCPC BALCHEM CORP 3.6%

Value $12.43M Shares 74,900 Est. Cost $126.02 Unrealized +29.4%

BSY BENTLEY SYS INC 3.6%

Value $12.17M Shares 309,239 Est. Cost $46.22 Unrealized -4.0%

NVMI NOVA LTD 3.5%

Value $11.82M Shares 64,125 Est. Cost $93.01 Unrealized +148.3%

— ANSYS INC 3.2%

Value $10.83M Shares 34,206 Est. Cost $340.27 Unrealized —

MANH MANHATTAN ASSOCIATES INC 3.1%

Value $10.71M Shares 61,920 Est. Cost $274.36 Unrealized -24.1%

TMDX TRANSMEDICS GROUP INC 3.0%

Value $10.34M Shares 153,675 Est. Cost $88.28 Unrealized -22.1%

CSW CSW INDUSTRIALS INC 3.0%

Value $10.2M Shares 35,000 Est. Cost $111.31 Unrealized +190.4%

EXPO EXPONENT INC 3.0%

Value $10.07M Shares 124,200 Est. Cost $84.46 Unrealized +1.6%

ALRM ALARM COM HLDGS INC 2.9%

Value $9.727M Shares 174,790 Est. Cost $70.16 Unrealized -14.5%

VEEV VEEVA SYS INC 2.7%

Value $9.318M Shares 40,230 Est. Cost $234.09 Unrealized -2.4%

BRBR BELLRING BRANDS INC 2.4%

Value $8.191M Shares 110,000 Est. Cost $71.27 Unrealized +3.1%

GGG GRACO INC 2.2%

Value $7.516M Shares 90,000 Est. Cost $85.20 Unrealized -2.0%

FCN FTI CONSULTING INC 2.2%

Value $7.384M Shares 45,000 Est. Cost $204.11 Unrealized -11.9%

SITM SITIME CORP 2.0%

Value $6.98M Shares 45,659 Est. Cost $124.83 Unrealized +53.7%

TW TRADEWEB MKTS INC 2.0%

Value $6.978M Shares 47,000 Est. Cost $111.36 Unrealized +19.4%

MSCI MSCI INC 2.0%

Value $6.786M Shares 12,000 Est. Cost $437.14 Unrealized +31.5%

FN FABRINET 2.0%

Value $6.668M Shares 33,759 Est. Cost $121.57 Unrealized +79.5%

PCTY PAYLOCITY HLDG CORP 1.9%

Value $6.553M Shares 35,000 Est. Cost $186.52 Unrealized +7.1%

MASI MASIMO CORP 1.6%

Value $5.381M Shares 32,300 Est. Cost $221.36 Unrealized -21.6%

ENTG ENTEGRIS INC 1.4%

Value $4.862M Shares 55,580 Est. Cost $123.67 Unrealized -18.8%

CGNX COGNEX CORP 1.2%

Value $4.182M Shares 140,202 Est. Cost $63.65 Unrealized -45.1%

WMS ADVANCED DRAIN SYS INC DEL 1.2%

Value $4.129M Shares 38,000 Est. Cost $111.70 Unrealized +3.8%

PAYC PAYCOM SOFTWARE INC 1.2%

Value $4.115M Shares 18,835 Est. Cost $282.06 Unrealized -25.7%

BMI BADGER METER INC 1.1%

Value $3.9M Shares 20,500 Est. Cost $86.70 Unrealized +139.0%

STVN STEVANATO GROUP S P A 1.0%

Value $3.574M Shares 175,000 Est. Cost $30.27 Unrealized -29.9%

ERII ENERGY RECOVERY INC 1.0%

Value $3.443M Shares 216,700 Est. Cost $20.03 Unrealized -24.0%

FORM FORMFACTOR INC 1.0%

Value $3.239M Shares 114,501 Est. Cost $32.49 Unrealized +13.1%

TRNS TRANSCAT INC 0.9%

Value $2.978M Shares 40,000 Est. Cost $114.76 Unrealized -26.9%

POWI POWER INTEGRATIONS INC 0.7%

Value $2.272M Shares 45,000 Est. Cost $74.83 Unrealized -21.4%

OLED UNIVERSAL DISPLAY CORP 0.7%

Value $2.231M Shares 15,995 Est. Cost $190.74 Unrealized -22.6%

HWKN HAWKINS INC 0.5%

Value $1.589M Shares 15,000 Est. Cost $126.17 Unrealized -12.9%

FSS FEDERAL SIGNAL CORP 0.4%

Value $1.353M Shares 18,400 Est. Cost $88.89 Unrealized 0.0%

HQY HEALTHEQUITY INC 0.4%

Value $1.352M Shares 15,300 Est. Cost $102.56 Unrealized 0.0%

AXON AXON ENTERPRISE INC 0.1%

Value $226K Shares 430 Est. Cost $158.15 Unrealized +270.1%

GLOB GLOBANT S A 0.0%

Value $138K Shares 1,170 Est. Cost $195.11 Unrealized -8.1%

PSTG PURE STORAGE INC 0.0%

Value $114K Shares 2,570 Est. Cost $57.07 Unrealized +5.7%

ZS ZSCALER INC 0.0%

Value $99,210 Shares 500 Est. Cost $212.09 Unrealized -6.0%

AEHR AEHR TEST SYS 0.0%

Value $35,357 Shares 4,850 Est. Cost $14.46 Unrealized -23.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TYL	TYLER TECHNOLOGIES INC	41,461	$24.11M	7.1%	$429.90	+38.1%	COM	902252105
LRN	STRIDE INC	140,600	$17.79M	5.2%	$72.61	+74.1%	COM	86333M108
TREX	TREX CO INC	292,800	$17.01M	5.0%	$74.04	-12.3%	COM	89531P105
TECH	BIO-TECHNE CORP	256,600	$15.04M	4.4%	$81.88	-17.7%	COM	09073M104
ROL	ROLLINS INC	260,000	$14.05M	4.1%	$39.07	+27.1%	COM	775711104
BRKR	BRUKER CORP	318,700	$13.3M	3.9%	$54.67	-5.3%	COM	116794108
AWK	AMERICAN WTR WKS CO INC NEW	87,300	$12.88M	3.8%	$136.21	-5.2%	COM	030420103
HLI	HOULIHAN LOKEY INC	79,500	$12.84M	3.8%	$68.56	+147.5%	CL A	441593100
BCPC	BALCHEM CORP	74,900	$12.43M	3.6%	$126.02	+29.4%	COM	057665200
BSY	BENTLEY SYS INC	309,239	$12.17M	3.6%	$46.22	-4.0%	COM CL B	08265T208
NVMI	NOVA LTD	64,125	$11.82M	3.5%	$93.01	+148.3%	COM	M7516K103
—	ANSYS INC	34,206	$10.83M	3.2%	$340.27	—	COM	03662Q105
MANH	MANHATTAN ASSOCIATES INC	61,920	$10.71M	3.1%	$274.36	-24.1%	COM	562750109
TMDX	TRANSMEDICS GROUP INC	153,675	$10.34M	3.0%	$88.28	-22.1%	COM	89377M109
CSW	CSW INDUSTRIALS INC	35,000	$10.2M	3.0%	$111.31	+190.4%	COM	126402106
EXPO	EXPONENT INC	124,200	$10.07M	3.0%	$84.46	+1.6%	COM	30214U102
ALRM	ALARM COM HLDGS INC	174,790	$9.727M	2.9%	$70.16	-14.5%	COM	011642105
VEEV	VEEVA SYS INC	40,230	$9.318M	2.7%	$234.09	-2.4%	CL A COM	922475108
BRBR	BELLRING BRANDS INC	110,000	$8.191M	2.4%	$71.27	+3.1%	COMMON STOCK	07831C103
GGG	GRACO INC	90,000	$7.516M	2.2%	$85.20	-2.0%	COM	384109104
FCN	FTI CONSULTING INC	45,000	$7.384M	2.2%	$204.11	-11.9%	COM	302941109
SITM	SITIME CORP	45,659	$6.98M	2.0%	$124.83	+53.7%	COM	82982T106
TW	TRADEWEB MKTS INC	47,000	$6.978M	2.0%	$111.36	+19.4%	CL A	892672106
MSCI	MSCI INC	12,000	$6.786M	2.0%	$437.14	+31.5%	COM	55354G100
FN	FABRINET	33,759	$6.668M	2.0%	$121.57	+79.5%	SHS	G3323L100
PCTY	PAYLOCITY HLDG CORP	35,000	$6.553M	1.9%	$186.52	+7.1%	COM	70438V106
MASI	MASIMO CORP	32,300	$5.381M	1.6%	$221.36	-21.6%	COM	574795100
ENTG	ENTEGRIS INC	55,580	$4.862M	1.4%	$123.67	-18.8%	COM	29362U104
CGNX	COGNEX CORP	140,202	$4.182M	1.2%	$63.65	-45.1%	COM	192422103
WMS	ADVANCED DRAIN SYS INC DEL	38,000	$4.129M	1.2%	$111.70	+3.8%	COM	00790R104
PAYC	PAYCOM SOFTWARE INC	18,835	$4.115M	1.2%	$282.06	-25.7%	COM	70432V102
BMI	BADGER METER INC	20,500	$3.9M	1.1%	$86.70	+139.0%	COM	056525108
STVN	STEVANATO GROUP S P A	175,000	$3.574M	1.0%	$30.27	-29.9%	ORD SHS	T9224W109
ERII	ENERGY RECOVERY INC	216,700	$3.443M	1.0%	$20.03	-24.0%	COM	29270J100
FORM	FORMFACTOR INC	114,501	$3.239M	1.0%	$32.49	+13.1%	COM	346375108
TRNS	TRANSCAT INC	40,000	$2.978M	0.9%	$114.76	-26.9%	COM	893529107
POWI	POWER INTEGRATIONS INC	45,000	$2.272M	0.7%	$74.83	-21.4%	COM	739276103
OLED	UNIVERSAL DISPLAY CORP	15,995	$2.231M	0.7%	$190.74	-22.6%	COM	91347P105
HWKN	HAWKINS INC	15,000	$1.589M	0.5%	$126.17	-12.9%	COM	420261109
FSS	FEDERAL SIGNAL CORP	18,400	$1.353M	0.4%	$88.89	0.0%	COM	313855108
HQY	HEALTHEQUITY INC	15,300	$1.352M	0.4%	$102.56	0.0%	COM	42226A107
AXON	AXON ENTERPRISE INC	430	$226K	0.1%	$158.15	+270.1%	COM	05464C101
GLOB	GLOBANT S A	1,170	$138K	0.0%	$195.11	-8.1%	COM	L44385109
PSTG	PURE STORAGE INC	2,570	$114K	0.0%	$57.07	+5.7%	CL A	74624M102
ZS	ZSCALER INC	500	$99,210	0.0%	$212.09	-6.0%	COM	98980G102
AEHR	AEHR TEST SYS	4,850	$35,357	0.0%	$14.46	-23.5%	COM	00760J108