Filed: 11/13/2025ACC: 0001831133-25-000003
📋 What this filing means
MONTANARO ASSET MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 41 equity positions with a total reported market value of $400.41M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
41
Positions
$400.41M
Total AUM (reported)
4.32M
Total Shares
Allocation by class
COM$312.32M78.0%
CL A$27.84M7.0%
COM CL B$23.74M5.9%
SHS$12.03M3.0%
CL A COM$11.98M3.0%
ORD SHS$4.51M1.1%
COMMON STOCK$4.00M1.0%
Portfolio Concentration
Top 3$68.52M17.1%
4–10$125.75M31.4%
11–25$149.09M37.2%
Rest$57.05M14.2%
Top 3 weight
17.1%
Top 10 weight
48.5%
Voting Authority Distribution
Total shares with voting rights: 4.32M
Sole
Full voting authority
2.19M
shares
% of voting shares50.6%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.14M
shares
% of voting shares49.4%
Investment Discretion (by position count)
Sole41
Shared0
Other0
Dominant voting typeSole · 50.6% of voting shares
Institutional Holdings41
Rows:
BENTLEY SYS INC
SOLEShares460.90K
TypeSH
Market value$23.74M
5.93%
Sole
295.90K
Shared
0.00
None
165K
NOVA LTD
SOLEShares73.68K
TypeSH
Market value$23.55M
5.88%
Sole
23.68K
Shared
0.00
None
50K
TYLER TECHNOLOGIES INC
SOLEShares40.58K
TypeSH
Market value$21.23M
5.30%
Sole
20.57K
Shared
0.00
None
20K
BIO-TECHNE CORP
SOLEShares362.05K
TypeSH
Market value$20.14M
5.03%
Sole
234.55K
Shared
0.00
None
127.50K
STRIDE INC
SOLEShares132.20K
TypeSH
Market value$19.69M
4.92%
Sole
37.20K
Shared
0.00
None
95K
MANHATTAN ASSOCIATES INC
SOLEShares92.16K
TypeSH
Market value$18.89M
4.72%
Sole
52.16K
Shared
0.00
None
40K
HOULIHAN LOKEY INC
SOLEShares89K
TypeSH
Market value$18.27M
4.56%
Sole
19K
Shared
0.00
None
70K
ROLLINS INC
SOLEShares297K
TypeSH
Market value$17.45M
4.36%
Sole
177K
Shared
0.00
None
120K
TREX CO INC
SOLEShares322.46K
TypeSH
Market value$16.66M
4.16%
Sole
172.46K
Shared
0.00
None
150K
TRANSMEDICS GROUP INC
SOLEShares130.59K
TypeSH
Market value$14.65M
3.66%
Sole
70.59K
Shared
0.00
None
60K
AMERICAN WTR WKS CO INC NEW
SOLEShares97.54K
TypeSH
Market value$13.58M
3.39%
Sole
97.54K
Shared
0.00
None
0.00
PAYCOM SOFTWARE INC
SOLEShares63.50K
TypeSH
Market value$13.22M
3.30%
Sole
28.50K
Shared
0.00
None
35K
FABRINET
SOLEShares33K
TypeSH
Market value$12.03M
3.01%
Sole
0.00
Shared
0.00
None
33K
VEEVA SYS INC
SOLEShares40.20K
TypeSH
Market value$11.98M
2.99%
Sole
40.20K
Shared
0.00
None
0.00
BALCHEM CORP
SOLEShares78.70K
TypeSH
Market value$11.81M
2.95%
Sole
33.70K
Shared
0.00
None
45K
HAWKINS INC
SOLEShares59.10K
TypeSH
Market value$10.80M
2.70%
Sole
14.10K
Shared
0.00
None
45K
SITIME CORP
SOLEShares35K
TypeSH
Market value$10.55M
2.63%
Sole
0.00
Shared
0.00
None
35K
CSW INDUSTRIALS INC
SOLEShares40K
TypeSH
Market value$9.71M
2.42%
Sole
0.00
Shared
0.00
None
40K
ALARM COM HLDGS INC
SOLEShares164.30K
TypeSH
Market value$8.72M
2.18%
Sole
89.30K
Shared
0.00
None
75K
EXPONENT INC
SOLEShares121.60K
TypeSH
Market value$8.45M
2.11%
Sole
36.60K
Shared
0.00
None
85K
MSCI INC
SOLEShares14.35K
TypeSH
Market value$8.14M
2.03%
Sole
14.35K
Shared
0.00
None
0.00
FTI CONSULTING INC
SOLEShares50K
TypeSH
Market value$8.08M
2.02%
Sole
0.00
Shared
0.00
None
50K
GRACO INC
SOLEShares90K
TypeSH
Market value$7.65M
1.91%
Sole
0.00
Shared
0.00
None
90K
TRADEWEB MKTS INC
SOLEShares65K
TypeSH
Market value$7.21M
1.80%
Sole
65K
Shared
0.00
None
0.00
BRUKER CORP
SOLEShares220.60K
TypeSH
Market value$7.17M
1.79%
Sole
94.60K
Shared
0.00
None
126K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BENTLEY SYS INCSOLE | COM CL B | 460.90K | SH | $23.74M 5.93% | 295.90K | 0.00 | 165K |
NOVA LTDSOLE | COM | 73.68K | SH | $23.55M 5.88% | 23.68K | 0.00 | 50K |
TYLER TECHNOLOGIES INCSOLE | COM | 40.58K | SH | $21.23M 5.30% | 20.57K | 0.00 | 20K |
BIO-TECHNE CORPSOLE | COM | 362.05K | SH | $20.14M 5.03% | 234.55K | 0.00 | 127.50K |
STRIDE INCSOLE | COM | 132.20K | SH | $19.69M 4.92% | 37.20K | 0.00 | 95K |
MANHATTAN ASSOCIATES INCSOLE | COM | 92.16K | SH | $18.89M 4.72% | 52.16K | 0.00 | 40K |
HOULIHAN LOKEY INCSOLE | CL A | 89K | SH | $18.27M 4.56% | 19K | 0.00 | 70K |
ROLLINS INCSOLE | COM | 297K | SH | $17.45M 4.36% | 177K | 0.00 | 120K |
TREX CO INCSOLE | COM | 322.46K | SH | $16.66M 4.16% | 172.46K | 0.00 | 150K |
TRANSMEDICS GROUP INCSOLE | COM | 130.59K | SH | $14.65M 3.66% | 70.59K | 0.00 | 60K |
AMERICAN WTR WKS CO INC NEWSOLE | COM | 97.54K | SH | $13.58M 3.39% | 97.54K | 0.00 | 0.00 |
PAYCOM SOFTWARE INCSOLE | COM | 63.50K | SH | $13.22M 3.30% | 28.50K | 0.00 | 35K |
FABRINETSOLE | SHS | 33K | SH | $12.03M 3.01% | 0.00 | 0.00 | 33K |
VEEVA SYS INCSOLE | CL A COM | 40.20K | SH | $11.98M 2.99% | 40.20K | 0.00 | 0.00 |
BALCHEM CORPSOLE | COM | 78.70K | SH | $11.81M 2.95% | 33.70K | 0.00 | 45K |
HAWKINS INCSOLE | COM | 59.10K | SH | $10.80M 2.70% | 14.10K | 0.00 | 45K |
SITIME CORPSOLE | COM | 35K | SH | $10.55M 2.63% | 0.00 | 0.00 | 35K |
CSW INDUSTRIALS INCSOLE | COM | 40K | SH | $9.71M 2.42% | 0.00 | 0.00 | 40K |
ALARM COM HLDGS INCSOLE | COM | 164.30K | SH | $8.72M 2.18% | 89.30K | 0.00 | 75K |
EXPONENT INCSOLE | COM | 121.60K | SH | $8.45M 2.11% | 36.60K | 0.00 | 85K |
MSCI INCSOLE | COM | 14.35K | SH | $8.14M 2.03% | 14.35K | 0.00 | 0.00 |
FTI CONSULTING INCSOLE | COM | 50K | SH | $8.08M 2.02% | 0.00 | 0.00 | 50K |
GRACO INCSOLE | COM | 90K | SH | $7.65M 1.91% | 0.00 | 0.00 | 90K |
TRADEWEB MKTS INCSOLE | CL A | 65K | SH | $7.21M 1.80% | 65K | 0.00 | 0.00 |
BRUKER CORPSOLE | COM | 220.60K | SH | $7.17M 1.79% | 94.60K | 0.00 | 126K |
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