CONESTOGA CAPITAL ADVISORS LLC
Q3 2025 Form 13-F
WAYNE, PENNSYLVANIA
CIK 0001163744
· CRD 111750
· SEC-registered investment adviser
$6.2B Reported Value Total
CONESTOGA CAPITAL ADVISORS, LLC reports 233 total accounts under management (AUM). There are 226 discretionary accounts valued at $6,371,392,812, and 7 non-discretionary accounts valued at $563,637,728.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
1 fund
· $16.2M gross asset value
Hedge Fund: $16.2M
Source: Form ADV filed 2026-03-09
Reported value
$6.2B
Quarter over quarter
-1.0%
Holdings
122
Top-10 concentration
35.5%
Filing Structure
Reports holdings for
- OLD GLORY ASSET MANAGEMENT LLC · File #028-11859 · Q1 2024 – Q1 2025 · declared by one filing
Holdings reported by
- Lindenwold Advisors INC · Q4 2021 – Q3 2025 · declared by one filing
- Silver Bridge Capital Management LLC · Q2 2013 – Q2 2013 · declared by one filing
Key People
Form ADV owners & control persons
Robert Michael Mitchell
PARTNER
Duane Randall Dorazio
CHIEF COMPLIANCE OFFICER
Joseph Francis Monahan
PARTNER/OWNER
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
13F Metrics
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Q3 2025 13F record
Q3 2025 13F filing summary
| Period of report | September 30, 2025 |
|---|---|
| Filed | October 24, 2025 |
| Form | 13F-HR |
| Reported value | $6.2B |
| Positions | 122 |
| Change in reported value | -7.9% |
| New positions | 5 |
| Exited positions | 5 |
| Position turnover | 7.9% |
| Top-10 concentration | 35.5% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Nov 2, 2026
|
110 | $3.3B |
|
Q2 2026 13F
Filed Jul 24, 2026
|
109 | $4.6B |
|
Q1 2026 13F
Filed Apr 24, 2026
|
114 | $5.0B |
|
Q4 2025 13F
Filed Feb 2, 2026
|
121 | $5.9B |
|
Q3 2025 13F
Filed Oct 24, 2025
|
122 | $6.2B |
|
Q2 2025 13F
Filed Jul 30, 2025
|
122 | $6.8B |
|
Q1 2025 13F
Filed Apr 17, 2025
|
123 | $6.6B |
|
Q4 2024 13F
Filed Jan 24, 2025
|
124 | $7.5B |
|
Q3 2024 13F
Filed Oct 28, 2024
|
121 | $7.4B |
|
Q2 2024 13F
Filed Jul 26, 2024
|
130 | $6.7B |
|
Q1 2024 13F
Filed Apr 26, 2024
|
131 | $6.9B |
|
Q4 2023 13F
Filed Jan 26, 2024
|
131 | $6.7B |
|
Q3 2023 13F
Filed Oct 30, 2023
|
128 | $5.8B |
|
Q2 2023 13F
Filed Jul 28, 2023
|
126 | $6.3B |
|
Q1 2023 13F
Filed Apr 24, 2023
|
129 | $6.0B |
|
Q4 2022 13F
Filed Feb 1, 2023
|
132 | $5.3B |
|
Q3 2022 13F
Filed Oct 24, 2022
|
135 | $5.1B |
|
Q2 2022 13F
Filed Jul 22, 2022
|
139 | $5.5B |
|
Q1 2022 13F
Filed Apr 25, 2022
|
139 | $6.6B |
|
Q4 2021 13F
Filed Jan 21, 2022
|
144 | $7.7B |
34 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q3 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | CWST CASELLA WASTE SYS INC | $272.9M | 4.38% |
| 2 | ROAD CONSTRUCTION PARTNERS INC | $270.7M | 4.34% |
| 3 | DSGX DESCARTES SYS GROUP INC | $248.3M | 3.99% |
| 4 | RBC RBC BEARINGS INC | $244.3M | 3.92% |
| 5 | FSV FIRSTSERVICE CORP NEW | $233.0M | 3.74% |
| 6 | STVN STEVANATO GROUP S P A | $208.4M | 3.35% |
| 7 | BCPC BALCHEM CORP | $191.0M | 3.07% |
| 8 | ESE ESCO TECHNOLOGIES INC | $184.3M | 2.96% |
| 9 | MMSI MERIT MED SYS INC | $181.9M | 2.92% |
| 10 | MRCY MERCURY SYS INC | $176.5M | 2.83% |
| 11 | EXPO EXPONENT INC | $164.1M | 2.63% |
| 12 | AAON AAON INC | $158.0M | 2.54% |
| 13 | SSD SIMPSON MFG INC | $147.8M | 2.37% |
| 14 | SITE SITEONE LANDSCAPE SUPPLY INC | $147.6M | 2.37% |
| 15 | SPXC SPX TECHNOLOGIES INC | $145.1M | 2.33% |
| 16 | NOVT NOVANTA INC | $141.3M | 2.27% |
| 17 | CSWI CSW INDUSTRIALS INC | $140.5M | 2.26% |
| 18 | QTWO Q2 HLDGS INC | $139.4M | 2.24% |
| 19 | LMAT LEMAITRE VASCULAR INC | $137.8M | 2.21% |
| 20 | SPSC SPS COMM INC | $133.5M | 2.14% |
Values as reported on the Q3 2025 Form 13F. Every position is in the holdings table below.