CONESTOGA CAPITAL ADVISORS, LLC

PrivateCIK: 1163744

Location

WAYNE, PA

109

Positions

$4.60B

Total AUM (reported)

56.24M

Total Shares

Allocation by class

COM$3.61B78.5%

CL A$342.32M7.4%

COM CL A$206.46M4.5%

COM PAR $0.004$128.87M2.8%

ORD SHS$126.63M2.8%

CLASS A COM SHS$83.46M1.8%

COMMON STOCK$66.28M1.4%

Portfolio Concentration

Top 3$635.06M13.8%

4–10$1.16B25.2%

11–25$1.64B35.7%

Rest$1.16B25.3%

Top 3 weight

13.8%

Top 10 weight

39.0%

Voting Authority Distribution

Total shares with voting rights: 56.24M

Sole

Full voting authority

53.23M

% of voting shares94.7%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

% of voting shares5.3%

Investment Discretion (by position count)

Sole109

Shared0

Other0

Dominant voting typeSole · 94.7% of voting shares

Institutional Holdings109

Rows:

CASELLA WASTE SYS INC

SOLE

CL A

Shares2.34M

TypeSH

Market value$226.54M

4.93%

Sole

2.21M

Shared

0.00

None

125.91K

RBC BEARINGS INC

SOLE

COM

Shares327.49K

TypeSH

Market value$210.92M

4.59%

Sole

313.78K

Shared

0.00

None

13.71K

NOVANTA INC

SOLE

COM

Shares1.22M

TypeSH

Market value$197.60M

4.30%

Sole

1.16M

Shared

0.00

None

62.20K

BALCHEM CORP

SOLE

COM

Shares1.09M

TypeSH

Market value$183.80M

4.00%

Sole

1.03M

Shared

0.00

None

54.57K

MERCURY SYS INC

SOLE

COM

Shares1.49M

TypeSH

Market value$181.93M

3.96%

Sole

1.42M

Shared

0.00

None

66.68K

FIRSTSERVICE CORP NEW

SOLE

COM

Shares1.22M

TypeSH

Market value$172.95M

3.76%

Sole

1.15M

Shared

0.00

None

66.03K

DIGI INTL INC

SOLE

COM

Shares2.18M

TypeSH

Market value$163.19M

3.55%

Sole

2.09M

Shared

0.00

None

89.76K

CONSTRUCTION PARTNERS INC

SOLE

COM CL A

Shares1.36M

TypeSH

Market value$161.40M

3.51%

Sole

1.28M

Shared

0.00

None

78.42K

ESCO TECHNOLOGIES INC

SOLE

COM

Shares447.08K

TypeSH

Market value$156.49M

3.40%

Sole

429.06K

Shared

0.00

None

18.02K

MERIT MED SYS INC

SOLE

COM

Shares1.98M

TypeSH

Market value$137.28M

2.99%

Sole

1.88M

Shared

0.00

None

102.45K

SPX TECHNOLOGIES INC

SOLE

COM

Shares547.17K

TypeSH

Market value$134.15M

2.92%

Sole

514.59K

Shared

0.00

None

32.59K

REPLIGEN CORP

SOLE

COM

Shares980.98K

TypeSH

Market value$133.85M

2.91%

Sole

923.24K

Shared

0.00

None

57.74K

CSW INDUSTRIALS INC

SOLE

COM

Shares471.73K

TypeSH

Market value$131.28M

2.86%

Sole

446.14K

Shared

0.00

None

25.58K

LEMAITRE VASCULAR INC

SOLE

COM

Shares1.37M

TypeSH

Market value$131.23M

2.85%

Sole

1.32M

Shared

0.00

None

50.27K

DESCARTES SYS GROUP INC

SOLE

COM

Shares1.86M

TypeSH

Market value$129.12M

2.81%

Sole

1.76M

Shared

0.00

None

102.31K

AAON INC

SOLE

COM PAR $0.004

Shares1.02M

TypeSH

Market value$128.87M

2.80%

Sole

958.14K

Shared

0.00

None

57.68K

STEVANATO GROUP S P A

SOLE

ORD SHS

Shares7.01M

TypeSH

Market value$126.63M

2.75%

Sole

6.66M

Shared

0.00

None

346.13K

SITEONE LANDSCAPE SUPPLY INC

SOLE

COM

Shares960.29K

TypeSH

Market value$109.87M

2.39%

Sole

909.89K

Shared

0.00

None

50.40K

MSA SAFETY INC

SOLE

COM

Shares554.57K

TypeSH

Market value$96.82M

2.11%

Sole

524.52K

Shared

0.00

None

30.05K

HELIOS TECHNOLOGIES INC

SOLE

COM

Shares1.08M

TypeSH

Market value$96.78M

2.11%

Sole

1.04M

Shared

0.00

None

39.45K

VERICEL CORP

SOLE

COM

Shares2.08M

TypeSH

Market value$92.71M

2.02%

Sole

1.99M

Shared

0.00

None

91.02K

FEDERAL SIGNAL CORP

SOLE

COM

Shares716.59K

TypeSH

Market value$92.07M

2.00%

Sole

685.51K

Shared

0.00

None

31.08K

UL SOLUTIONS INC

SOLE

CLASS A COM SHS

Shares819.37K

TypeSH

Market value$83.46M

1.82%

Sole

771.40K

Shared

0.00

None

47.97K

SIMPSON MFG INC

SOLE

COM

Shares377.34K

TypeSH

Market value$79.00M

1.72%

Sole

355.87K

Shared

0.00

None

21.47K

EXPONENT INC

SOLE

COM

Shares1.27M

TypeSH

Market value$74.37M

1.62%

Sole

1.20M

Shared

0.00

None

66.84K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
CASELLA WASTE SYS INCSOLE	CL A	2.34M	SH	$226.54M 4.93%	2.21M	125.91K
RBC BEARINGS INCSOLE	COM	327.49K	SH	$210.92M 4.59%	313.78K	13.71K
NOVANTA INCSOLE	COM	1.22M	SH	$197.60M 4.30%	1.16M	62.20K
BALCHEM CORPSOLE	COM	1.09M	SH	$183.80M 4.00%	1.03M	54.57K
MERCURY SYS INCSOLE	COM	1.49M	SH	$181.93M 3.96%	1.42M	66.68K
FIRSTSERVICE CORP NEWSOLE	COM	1.22M	SH	$172.95M 3.76%	1.15M	66.03K
DIGI INTL INCSOLE	COM	2.18M	SH	$163.19M 3.55%	2.09M	89.76K
CONSTRUCTION PARTNERS INCSOLE	COM CL A	1.36M	SH	$161.40M 3.51%	1.28M	78.42K
ESCO TECHNOLOGIES INCSOLE	COM	447.08K	SH	$156.49M 3.40%	429.06K	18.02K
MERIT MED SYS INCSOLE	COM	1.98M	SH	$137.28M 2.99%	1.88M	102.45K
SPX TECHNOLOGIES INCSOLE	COM	547.17K	SH	$134.15M 2.92%	514.59K	32.59K
REPLIGEN CORPSOLE	COM	980.98K	SH	$133.85M 2.91%	923.24K	57.74K
CSW INDUSTRIALS INCSOLE	COM	471.73K	SH	$131.28M 2.86%	446.14K	25.58K
LEMAITRE VASCULAR INCSOLE	COM	1.37M	SH	$131.23M 2.85%	1.32M	50.27K
DESCARTES SYS GROUP INCSOLE	COM	1.86M	SH	$129.12M 2.81%	1.76M	102.31K
AAON INCSOLE	COM PAR $0.004	1.02M	SH	$128.87M 2.80%	958.14K	57.68K
STEVANATO GROUP S P ASOLE	ORD SHS	7.01M	SH	$126.63M 2.75%	6.66M	346.13K
SITEONE LANDSCAPE SUPPLY INCSOLE	COM	960.29K	SH	$109.87M 2.39%	909.89K	50.40K
MSA SAFETY INCSOLE	COM	554.57K	SH	$96.82M 2.11%	524.52K	30.05K
HELIOS TECHNOLOGIES INCSOLE	COM	1.08M	SH	$96.78M 2.11%	1.04M	39.45K
VERICEL CORPSOLE	COM	2.08M	SH	$92.71M 2.02%	1.99M	91.02K
FEDERAL SIGNAL CORPSOLE	COM	716.59K	SH	$92.07M 2.00%	685.51K	31.08K
UL SOLUTIONS INCSOLE	CLASS A COM SHS	819.37K	SH	$83.46M 1.82%	771.40K	47.97K
SIMPSON MFG INCSOLE	COM	377.34K	SH	$79.00M 1.72%	355.87K	21.47K
EXPONENT INCSOLE	COM	1.27M	SH	$74.37M 1.62%	1.20M	66.84K

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