Montanaro Asset Management Ltd Concentrated Active

Location: London, United Kingdom

CIK: 0001831133 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 11, 2026

Total Value: $334M (100.0% shares, 0.0% debt)

Holdings (42)

NVMI NOVA LTD 6.3%

Value $20.9M Shares 48,130 Est. Cost $109.16 Unrealized +301.9%

TECH BIO-TECHNE CORP 5.3%

Value $17.82M Shares 341,050 Est. Cost $73.24 Unrealized -12.5%

BCPC BALCHEM CORP 5.0%

Value $16.73M Shares 98,700 Est. Cost $133.06 Unrealized +27.1%

HLI HOULIHAN LOKEY INC 4.2%

Value $14.11M Shares 98,250 Est. Cost $90.58 Unrealized +93.9%

BSY BENTLEY SYS INC 4.2%

Value $14.06M Shares 400,300 Est. Cost $46.63 Unrealized -22.5%

EGP EASTGROUP PPTYS INC 4.2%

Value $13.99M Shares 75,600 Est. Cost $176.37 Unrealized —

FSS FEDERAL SIGNAL CORP 4.0%

Value $13.31M Shares 123,100 Est. Cost $106.16 Unrealized +8.5%

CSW CSW INDUSTRIALS INC 3.9%

Value $12.98M Shares 49,800 Est. Cost $163.67 Unrealized +86.5%

EXPO EXPONENT INC 3.7%

Value $12.51M Shares 191,800 Est. Cost $80.04 Unrealized -9.3%

AWK AMERICAN WTR WKS CO INC NEW 3.7%

Value $12.23M Shares 89,840 Est. Cost $136.64 Unrealized -5.7%

LRN STRIDE INC 3.3%

Value $11.05M Shares 125,300 Est. Cost $79.26 Unrealized -1.4%

ROL ROLLINS INC 3.2%

Value $10.84M Shares 203,000 Est. Cost $41.70 Unrealized +48.3%

MANH MANHATTAN ASSOCIATES INC 3.2%

Value $10.56M Shares 79,310 Est. Cost $248.79 Unrealized -37.4%

FN FABRINET 3.1%

Value $10.43M Shares 20,000 Est. Cost $121.57 Unrealized +305.2%

ENTG ENTEGRIS INC 2.9%

Value $9.602M Shares 81,900 Est. Cost $102.46 Unrealized +15.5%

TYL TYLER TECHNOLOGIES INC 2.8%

Value $9.356M Shares 27,325 Est. Cost $438.00 Unrealized -12.1%

GGG GRACO INC 2.8%

Value $9.312M Shares 110,000 Est. Cost $85.92 Unrealized +3.8%

HWKN HAWKINS INC 2.7%

Value $9.185M Shares 59,800 Est. Cost $128.13 Unrealized +14.1%

FCN FTI CONSULTING INC 2.6%

Value $8.838M Shares 50,000 Est. Cost $200.03 Unrealized -13.8%

SITM SITIME CORP 2.6%

Value $8.634M Shares 25,000 Est. Cost $124.83 Unrealized +202.5%

MSCI MSCI INC 2.5%

Value $8.436M Shares 15,650 Est. Cost $465.84 Unrealized +22.2%

TMDX TRANSMEDICS GROUP INC 2.3%

Value $7.827M Shares 78,739 Est. Cost $89.31 Unrealized +51.6%

VMI VALMONT INDS INC 2.3%

Value $7.752M Shares 19,400 Est. Cost $448.65 Unrealized 0.0%

WTS WATTS WATER TECHNOLOGIES INC 2.3%

Value $7.693M Shares 26,500 Est. Cost $306.06 Unrealized 0.0%

VEEV VEEVA SYS INC 1.9%

Value $6.324M Shares 36,000 Est. Cost $239.28 Unrealized -14.8%

TW TRADEWEB MKTS INC 1.9%

Value $6.254M Shares 53,150 Est. Cost $116.42 Unrealized -6.1%

ALRM ALARM COM HLDGS INC 1.8%

Value $6.12M Shares 141,700 Est. Cost $69.93 Unrealized -30.6%

MIR MIRION TECHNOLOGIES INC 1.7%

Value $5.676M Shares 305,300 Est. Cost $22.95 Unrealized +5.3%

HQY HEALTHEQUITY INC 1.3%

Value $4.245M Shares 50,800 Est. Cost $94.03 Unrealized -11.6%

HXL HEXCEL CORP NEW 1.0%

Value $3.399M Shares 42,000 Est. Cost $84.40 Unrealized 0.0%

MDALF MDA SPACE LTD 1.0%

Value $3.397M Shares 134,100 Est. Cost $25.60 Unrealized 0.0%

TRNS TRANSCAT INC 0.9%

Value $2.938M Shares 40,000 Est. Cost $114.76 Unrealized -40.4%

SNEX STONEX GROUP INC 0.7%

Value $2.42M Shares 30,000 Est. Cost $114.27 Unrealized 0.0%

UTI UNIVERSAL TECHNICAL INST INC 0.7%

Value $2.407M Shares 66,668 Est. Cost $28.41 Unrealized +0.7%

STVN STEVANATO GROUP S P A 0.7%

Value $2.406M Shares 175,000 Est. Cost $30.27 Unrealized -41.9%

BRBR BELLRING BRANDS INC 0.7%

Value $2.253M Shares 140,000 Est. Cost $60.76 Unrealized -63.5%

TTEK TETRA TECH INC NEW 0.6%

Value $2.154M Shares 71,500 Est. Cost $36.90 Unrealized 0.0%

KNSL KINSALE CAP GROUP INC 0.5%

Value $1.523M Shares 4,457 Est. Cost $402.38 Unrealized -2.2%

WMS ADVANCED DRAIN SYS INC DEL 0.4%

Value $1.481M Shares 10,800 Est. Cost $111.70 Unrealized +44.3%

BMI BADGER METER INC 0.3%

Value $1.112M Shares 7,300 Est. Cost $86.70 Unrealized +86.6%

DOCS DOXIMITY INC 0.3%

Value $1.055M Shares 45,300 Est. Cost $60.67 Unrealized -42.3%

CLH CLEAN HARBORS INC 0.3%

Value $1.032M Shares 3,600 Est. Cost $263.20 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVMI	NOVA LTD	48,130	$20.9M	6.3%	$109.16	+301.9%	COM	M7516K103
TECH	BIO-TECHNE CORP	341,050	$17.82M	5.3%	$73.24	-12.5%	COM	09073M104
BCPC	BALCHEM CORP	98,700	$16.73M	5.0%	$133.06	+27.1%	COM	057665200
HLI	HOULIHAN LOKEY INC	98,250	$14.11M	4.2%	$90.58	+93.9%	CL A	441593100
BSY	BENTLEY SYS INC	400,300	$14.06M	4.2%	$46.63	-22.5%	COM CL B	08265T208
EGP	EASTGROUP PPTYS INC	75,600	$13.99M	4.2%	$176.37	—	COM	277276101
FSS	FEDERAL SIGNAL CORP	123,100	$13.31M	4.0%	$106.16	+8.5%	COM	313855108
CSW	CSW INDUSTRIALS INC	49,800	$12.98M	3.9%	$163.67	+86.5%	COM	126402106
EXPO	EXPONENT INC	191,800	$12.51M	3.7%	$80.04	-9.3%	COM	30214U102
AWK	AMERICAN WTR WKS CO INC NEW	89,840	$12.23M	3.7%	$136.64	-5.7%	COM	030420103
LRN	STRIDE INC	125,300	$11.05M	3.3%	$79.26	-1.4%	COM	86333M108
ROL	ROLLINS INC	203,000	$10.84M	3.2%	$41.70	+48.3%	COM	775711104
MANH	MANHATTAN ASSOCIATES INC	79,310	$10.56M	3.2%	$248.79	-37.4%	COM	562750109
FN	FABRINET	20,000	$10.43M	3.1%	$121.57	+305.2%	SHS	G3323L100
ENTG	ENTEGRIS INC	81,900	$9.602M	2.9%	$102.46	+15.5%	COM	29362U104
TYL	TYLER TECHNOLOGIES INC	27,325	$9.356M	2.8%	$438.00	-12.1%	COM	902252105
GGG	GRACO INC	110,000	$9.312M	2.8%	$85.92	+3.8%	COM	384109104
HWKN	HAWKINS INC	59,800	$9.185M	2.7%	$128.13	+14.1%	COM	420261109
FCN	FTI CONSULTING INC	50,000	$8.838M	2.6%	$200.03	-13.8%	COM	302941109
SITM	SITIME CORP	25,000	$8.634M	2.6%	$124.83	+202.5%	COM	82982T106
MSCI	MSCI INC	15,650	$8.436M	2.5%	$465.84	+22.2%	COM	55354G100
TMDX	TRANSMEDICS GROUP INC	78,739	$7.827M	2.3%	$89.31	+51.6%	COM	89377M109
VMI	VALMONT INDS INC	19,400	$7.752M	2.3%	$448.65	0.0%	COM	920253101
WTS	WATTS WATER TECHNOLOGIES INC	26,500	$7.693M	2.3%	$306.06	0.0%	CL A	942749102
VEEV	VEEVA SYS INC	36,000	$6.324M	1.9%	$239.28	-14.8%	CL A COM	922475108
TW	TRADEWEB MKTS INC	53,150	$6.254M	1.9%	$116.42	-6.1%	CL A	892672106
ALRM	ALARM COM HLDGS INC	141,700	$6.12M	1.8%	$69.93	-30.6%	COM	011642105
MIR	MIRION TECHNOLOGIES INC	305,300	$5.676M	1.7%	$22.95	+5.3%	COM CL A	60471A101
HQY	HEALTHEQUITY INC	50,800	$4.245M	1.3%	$94.03	-11.6%	COM	42226A107
HXL	HEXCEL CORP NEW	42,000	$3.399M	1.0%	$84.40	0.0%	COM	428291108
MDALF	MDA SPACE LTD	134,100	$3.397M	1.0%	$25.60	0.0%	COM	55293N109
TRNS	TRANSCAT INC	40,000	$2.938M	0.9%	$114.76	-40.4%	COM	893529107
SNEX	STONEX GROUP INC	30,000	$2.42M	0.7%	$114.27	0.0%	COM	861896108
UTI	UNIVERSAL TECHNICAL INST INC	66,668	$2.407M	0.7%	$28.41	+0.7%	COM	913915104
STVN	STEVANATO GROUP S P A	175,000	$2.406M	0.7%	$30.27	-41.9%	ORD SHS	T9224W109
BRBR	BELLRING BRANDS INC	140,000	$2.253M	0.7%	$60.76	-63.5%	COMMON STOCK	07831C103
TTEK	TETRA TECH INC NEW	71,500	$2.154M	0.6%	$36.90	0.0%	COM	88162G103
KNSL	KINSALE CAP GROUP INC	4,457	$1.523M	0.5%	$402.38	-2.2%	COM	49714P108
WMS	ADVANCED DRAIN SYS INC DEL	10,800	$1.481M	0.4%	$111.70	+44.3%	COM	00790R104
BMI	BADGER METER INC	7,300	$1.112M	0.3%	$86.70	+86.6%	COM	056525108
DOCS	DOXIMITY INC	45,300	$1.055M	0.3%	$60.67	-42.3%	CL A	26622P107
CLH	CLEAN HARBORS INC	3,600	$1.032M	0.3%	$263.20	0.0%	COM	184496107