Laurus Investment Counsel Inc. Long-Term Concentrated

CIK: 0001869316 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 28, 2026

Total Value ($000): $122,814 (100.0% shares, 0.0% debt)

Holdings (44)

New Positions (4)

CHRW C H Robinson Worldwide 3.7%

Value ($000) $4,585 Shares 28,520 Est. Cost $147.32 Unrealized 0.0%

FFIN First Financial Bankshares Inc. 0.6%

Value ($000) $725 Shares 24,270 Est. Cost $31.36 Unrealized 0.0%

CCC CCC INTELLIGENT SOLUTIONS 0.5%

Value ($000) $584 Shares 73,520 Est. Cost $8.13 Unrealized 0.0%

BFAM Bright Horizons Family Solutions Inc 0.4%

Value ($000) $439 Shares 4,330 Est. Cost $100.88 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CHRW	C H Robinson Worldwide	28,520	$4,585	3.7%	$147.32	0.0%	COM	12541W209
FFIN	First Financial Bankshares Inc.	24,270	$725	0.6%	$31.36	0.0%	COM	32020R109
CCC	CCC INTELLIGENT SOLUTIONS	73,520	$584	0.5%	$8.13	0.0%	COM	12510Q100
BFAM	Bright Horizons Family Solutions Inc	4,330	$439	0.4%	$100.88	0.0%	COM	109194100

Increased Positions (2)

IT Gartner Inc. 7.0%

Value ($000) $8,643 (+125.5%) Shares 34,260 (+135.0%) Est. Cost $262.38 Unrealized -8.3%

BN Brookfield Corporation 0.2%

Value ($000) $251 (+0.4%) Shares 5,459 (+50.0%) Est. Cost $30.10 Unrealized +51.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IT	Gartner Inc.	34,260 (+135.0%)	$8,643 (+125.5%)	7.0%	$262.38	-8.3%	COM	366651107
BN	Brookfield Corporation	5,459 (+50.0%)	$251 (+0.4%)	0.2%	$30.10	+51.3%	COM	11271J107

Exited Positions (3)

ALGN Align Technology Inc. 5.3%

Value ($000) $6,568 Shares 52,455 Est. Cost $238.80 Unrealized -40.0%

GOGO Gogo Inc 0.8%

Value ($000) $935 Shares 108,855 Est. Cost $14.33 Unrealized -48.9%

EXPO Exponent Inc 0.4%

Value ($000) $487 Shares 7,005 Est. Cost $91.70 Unrealized -23.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ALGN	Align Technology Inc.	52,455	$6,568	5.3%	$238.80	-40.0%	—	016255101
GOGO	Gogo Inc	108,855	$935	0.8%	$14.33	-48.9%	—	38046C109
EXPO	Exponent Inc	7,005	$487	0.4%	$91.70	-23.6%	—	30214U102

Decreased Positions (18)

DV DoubleVerify Holdings Inc 0.8%

Value ($000) $1,005 (-89.7%) Shares 87,890 (-89.2%) Est. Cost $22.93 Unrealized -51.9%

ASGN ASGN Inc. 1.3%

Value ($000) $1,605 (-82.9%) Shares 33,310 (-83.2%) Est. Cost $76.26 Unrealized -39.5%

ITGR Integer Holdings Corp 0.9%

Value ($000) $1,165 (-83.1%) Shares 14,860 (-77.8%) Est. Cost $127.21 Unrealized -37.4%

CRL Charles River Laboratories International, Inc. 13.4%

Value ($000) $16,430 (+21.4%) Shares 82,365 (-4.8%) Est. Cost $167.50 Unrealized +8.3%

JKHY Jack Henry & Associates Inc. 12.4%

Value ($000) $15,193 (+20.6%) Shares 83,259 (-1.5%) Est. Cost $135.13 Unrealized +23.0%

GIC Global Industrial Company 1.1%

Value ($000) $1,300 (-43.6%) Shares 44,490 (-29.2%) Est. Cost $29.86 Unrealized +1.5%

NSSC NAPCO Security Technologies Inc 1.4%

Value ($000) $1,774 (-33.8%) Shares 42,540 (-31.8%) Est. Cost $40.27 Unrealized +4.2%

WINA Winmark Corporation 0.9%

Value ($000) $1,053 (-45.5%) Shares 2,600 (-33.0%) Est. Cost $196.06 Unrealized +118.2%

ENSG THE ENSIGN GROUP IN 1.6%

Value ($000) $1,911 (-30.3%) Shares 10,970 (-30.9%) Est. Cost $120.26 Unrealized +49.3%

FCN FTI Consulting Inc 1.7%

Value ($000) $2,031 (-28.4%) Shares 11,890 (-32.3%) Est. Cost $184.49 Unrealized -10.6%

TREX Trex Co. Inc. 0.6%

Value ($000) $722 (-48.2%) Shares 20,580 (-23.7%) Est. Cost $73.41 Unrealized -44.9%

SPSC SPS Commerce Inc 0.8%

Value ($000) $1,022 (-36.7%) Shares 11,470 (-26.0%) Est. Cost $121.66 Unrealized -23.8%

BCPC Balchem Corp. 1.1%

Value ($000) $1,316 (-29.3%) Shares 8,580 (-30.8%) Est. Cost $108.10 Unrealized +40.4%

CHE Chemed Corp. 1.0%

Value ($000) $1,172 (-30.9%) Shares 2,740 (-27.7%) Est. Cost $424.90 Unrealized +2.4%

FIVE Five Below Inc 2.0%

Value ($000) $2,443 (-15.7%) Shares 12,970 (-30.8%) Est. Cost $126.69 Unrealized +28.3%

CSW CSW Industrials Inc 1.0%

Value ($000) $1,168 (-13.9%) Shares 3,980 (-28.8%) Est. Cost $130.78 Unrealized +103.6%

LSTR Landstar System Inc. 1.0%

Value ($000) $1,214 (-12.5%) Shares 8,450 (-25.4%) Est. Cost $256.66 Unrealized —

XPEL XPEL Inc 1.1%

Value ($000) $1,296 (+7.3%) Shares 25,970 (-28.9%) Est. Cost $50.18 Unrealized -16.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DV	DoubleVerify Holdings Inc	87,890 (-89.2%)	$1,005 (-89.7%)	0.8%	$22.93	-51.9%	COM	25862V105
ASGN	ASGN Inc.	33,310 (-83.2%)	$1,605 (-82.9%)	1.3%	$76.26	-39.5%	COM	00191U102
ITGR	Integer Holdings Corp	14,860 (-77.8%)	$1,165 (-83.1%)	0.9%	$127.21	-37.4%	COM	45826H109
CRL	Charles River Laboratories International, Inc.	82,365 (-4.8%)	$16,430 (+21.4%)	13.4%	$167.50	+8.3%	COM	159864107
JKHY	Jack Henry & Associates Inc.	83,259 (-1.5%)	$15,193 (+20.6%)	12.4%	$135.13	+23.0%	COM	426281101
GIC	Global Industrial Company	44,490 (-29.2%)	$1,300 (-43.6%)	1.1%	$29.86	+1.5%	COM	37892E102
NSSC	NAPCO Security Technologies Inc	42,540 (-31.8%)	$1,774 (-33.8%)	1.4%	$40.27	+4.2%	COM	630402105
WINA	Winmark Corporation	2,600 (-33.0%)	$1,053 (-45.5%)	0.9%	$196.06	+118.2%	COM	974250102
ENSG	THE ENSIGN GROUP IN	10,970 (-30.9%)	$1,911 (-30.3%)	1.6%	$120.26	+49.3%	COM	29358P101
FCN	FTI Consulting Inc	11,890 (-32.3%)	$2,031 (-28.4%)	1.7%	$184.49	-10.6%	COM	302941109
TREX	Trex Co. Inc.	20,580 (-23.7%)	$722 (-48.2%)	0.6%	$73.41	-44.9%	COM	89531P105
SPSC	SPS Commerce Inc	11,470 (-26.0%)	$1,022 (-36.7%)	0.8%	$121.66	-23.8%	COM	78463M107
BCPC	Balchem Corp.	8,580 (-30.8%)	$1,316 (-29.3%)	1.1%	$108.10	+40.4%	COM	057665200
CHE	Chemed Corp.	2,740 (-27.7%)	$1,172 (-30.9%)	1.0%	$424.90	+2.4%	COM	16359R103
FIVE	Five Below Inc	12,970 (-30.8%)	$2,443 (-15.7%)	2.0%	$126.69	+28.3%	COM	33829M101
CSW	CSW Industrials Inc	3,980 (-28.8%)	$1,168 (-13.9%)	1.0%	$130.78	+103.6%	COM	126402106
LSTR	Landstar System Inc.	8,450 (-25.4%)	$1,214 (-12.5%)	1.0%	$256.66	—	COM	515098101
XPEL	XPEL Inc	25,970 (-28.9%)	$1,296 (+7.3%)	1.1%	$50.18	-16.7%	COM	98379L100

Unchanged Positions (20)

PTC PTC Inc 11.8%

Value ($000) $14,515 Shares 83,321 Est. Cost $108.18 Unrealized +71.8%

GNRC Generac Holdings Inc 4.1%

Value ($000) $5,039 Shares 36,950 Est. Cost $134.40 Unrealized +20.1%

COO Cooper Companies Inc. 4.7%

Value ($000) $5,772 Shares 70,420 Est. Cost $96.75 Unrealized -22.6%

SPGI S&P Global Inc. 11.1%

Value ($000) $13,674 Shares 26,165 Est. Cost $163.69 Unrealized +201.9%

NSP Insperity 0.5%

Value ($000) $630 Shares 16,280 Est. Cost $79.03 Unrealized -50.1%

RPM RPM International Inc. 0.8%

Value ($000) $984 Shares 9,465 Est. Cost $63.95 Unrealized +69.3%

ALG Alamo Group Inc 0.7%

Value ($000) $917 Shares 5,460 Est. Cost $176.52 Unrealized -1.6%

UFPT UFP Technologies Inc 1.0%

Value ($000) $1,168 Shares 5,260 Est. Cost $81.60 Unrealized +162.6%

IPAR Interparfums Inc 0.6%

Value ($000) $735 Shares 8,670 Est. Cost $128.47 Unrealized -31.5%

CSL Carlisle Companies Incorporated 2.8%

Value ($000) $3,461 Shares 10,820 Est. Cost $291.13 Unrealized +10.8%

IBP Installed Building Products Inc 0.7%

Value ($000) $814 Shares 3,140 Est. Cost $216.83 Unrealized +19.1%

IMAX IMAX Corp 0.3%

Value ($000) $331 Shares 8,945 Est. Cost $16.54 Unrealized +110.8%

OTCM OTC Markets Group Inc. 0.8%

Value ($000) $1,026 Shares 20,000 Est. Cost $48.26 Unrealized +5.1%

VCTR Victory Capital Holdings Inc Class A 1.0%

Value ($000) $1,221 Shares 19,350 Est. Cost $58.94 Unrealized +7.4%

TRI Thomson Reuters Corp 0.1%

Value ($000) $167 Shares 1,265 Est. Cost $124.59 Unrealized +13.3%

APH Amphenol Corporation 0.3%

Value ($000) $349 Shares 2,580 Est. Cost $52.81 Unrealized +152.9%

BAM Brookfield Asset Management Ltd. Class A 0.2%

Value ($000) $253 Shares 4,827 Est. Cost $31.11 Unrealized +71.9%

GIL Gildan Activewear Inc 0.2%

Value ($000) $269 Shares 4,300 Est. Cost $41.42 Unrealized +43.5%

RLI RLI Corp 0.8%

Value ($000) $1,033 Shares 16,150 Est. Cost $70.38 Unrealized -12.7%

WTS Watts Water Technologies Inc Class A 1.1%

Value ($000) $1,408 Shares 5,100 Est. Cost $207.73 Unrealized +32.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PTC	PTC Inc	83,321	$14,515	11.8%	$108.18	+71.8%	COM	69370C100
GNRC	Generac Holdings Inc	36,950	$5,039	4.1%	$134.40	+20.1%	COM	368736104
COO	Cooper Companies Inc.	70,420	$5,772	4.7%	$96.75	-22.6%	COM	216648501
SPGI	S&P Global Inc.	26,165	$13,674	11.1%	$163.69	+201.9%	COM	78409V104
NSP	Insperity	16,280	$630	0.5%	$79.03	-50.1%	COM	45778Q107
RPM	RPM International Inc.	9,465	$984	0.8%	$63.95	+69.3%	COM	749685103
ALG	Alamo Group Inc	5,460	$917	0.7%	$176.52	-1.6%	COM	011311107
UFPT	UFP Technologies Inc	5,260	$1,168	1.0%	$81.60	+162.6%	COM	902673102
IPAR	Interparfums Inc	8,670	$735	0.6%	$128.47	-31.5%	COM	458334109
CSL	Carlisle Companies Incorporated	10,820	$3,461	2.8%	$291.13	+10.8%	COM	142339100
IBP	Installed Building Products Inc	3,140	$814	0.7%	$216.83	+19.1%	COM	45780R101
IMAX	IMAX Corp	8,945	$331	0.3%	$16.54	+110.8%	COM	45245E109
OTCM	OTC Markets Group Inc.	20,000	$1,026	0.8%	$48.26	+5.1%	COM	67106F108
VCTR	Victory Capital Holdings Inc Class A	19,350	$1,221	1.0%	$58.94	+7.4%	COM	92645B103
TRI	Thomson Reuters Corp	1,265	$167	0.1%	$124.59	+13.3%	COM	884903808
APH	Amphenol Corporation	2,580	$349	0.3%	$52.81	+152.9%	COM	032095101
BAM	Brookfield Asset Management Ltd. Class A	4,827	$253	0.2%	$31.11	+71.9%	COM	113004105
GIL	Gildan Activewear Inc	4,300	$269	0.2%	$41.42	+43.5%	COM	375916103
RLI	RLI Corp	16,150	$1,033	0.8%	$70.38	-12.7%	COM	749607107
WTS	Watts Water Technologies Inc Class A	5,100	$1,408	1.1%	$207.73	+32.8%	COM	942749102