DF DENT & CO INC's Q1 2023 13F: 9 new positions, 10 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 15, 2023 · 238 reported positions · accession 0000934999-23-000003
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | TELEFLEX INC COM (TFX) | 1.4% | 0.1% | −1.3 pts | −353K sh | −96% |
| Reduced | ALPHABET INC CLASS C (GOOG) | 2.3% | 1.6% | −0.7 pts | −629K sh | −36% |
| Increased | DOLLAR GENERAL CORP (DG) | 1.0% | 1.5% | +0.5 pts | +230K sh | +88% |
| Reduced | HEICO CORP CL A (HEIA) | 3.1% | 2.6% | −0.5 pts | −355K sh | −21% |
| Increased | ENDAVA plc (DAVA) | 0.8% | 1.2% | +0.3 pts | +519K sh | +71% |
| Reduced | ANSYS INC (ANSS) | 3.3% | 3.8% | +0.6 pts | −87,577 sh | −10% |
| Increased | VULCAN MATERIALS CO (VMC) | 2.8% | 3.0% | +0.2 pts | +165K sh | +16% |
| Increased | APPFOLIO, INC (APPF) | 0.3% | 0.7% | +0.4 pts | +221K sh | +139% |
| Increased | WNS HOLDINGS LTD (WNS) | 1.1% | 1.6% | +0.5 pts | +280K sh | +30% |
| Increased | BIO-TECHNE CORP (TECH) | 3.3% | 3.1% | −0.2 pts | +310K sh | +12% |
| Reduced | BLACKLINE INC (BL) | 2.2% | 1.7% | −0.4 pts | −341K sh | −16% |
| Reduced | WAYFAIR INC (W) | 0.3% | 0.0% | −0.3 pts | −575K sh | −98% |
| Increased | SITEONE LANDSCAPE SUPPLY, INC. (SITE) | 1.1% | 1.5% | +0.4 pts | +141K sh | +22% |
| Reduced | CABLE ONE INC COM (CABO) | 0.9% | 0.6% | −0.3 pts | −22,505 sh | −26% |
| Reduced | IDEXX LABS INC (IDXX) | 0.9% | 0.9% | −0.1 pts | −28,375 sh | −19% |
| Reduced | AZENTA INC COM (AZTA) | 1.1% | 0.6% | −0.5 pts | −276K sh | −21% |
| Increased | MOODYS CORP (MCO) | 2.6% | 2.8% | +0.3 pts | +39,300 sh | +6% |
| Reduced | WORKIVA INC (WK) | 1.0% | 1.0% | 0.0 pts | −104K sh | −13% |
| New | MURPHY USA INC COM (MUSA) | — | 0.1% | +0.1 pts | +38,020 sh | new |
| Reduced | OKTA, INC (OKTA) | 0.1% | 0.0% | −0.1 pts | −95,273 sh | −97% |
| Reduced | VISA INC CL A (V) | 3.0% | 2.9% | 0.0 pts | −36,326 sh | −4% |
| Increased | GUIDEWIRE SOFTWARE INC (GWRE) | 1.6% | 2.1% | +0.5 pts | +99,592 sh | +6% |
| Reduced | INTUITIVE SURGICAL INC (ISRG) | 3.5% | 3.1% | −0.4 pts | −31,495 sh | −4% |
| Reduced | PROS HOLDINGS INC (PRO) | 0.4% | 0.3% | −0.1 pts | −280K sh | −26% |
| Reduced | TRANSDIGM GROUP INC (TDG) | 3.2% | 3.4% | +0.2 pts | −10,073 sh | −3% |
| New | EAGLE MATERIALS INC (EXP) | — | 0.1% | +0.1 pts | +46,712 sh | new |
| Exited | TREX COMPANY, INC. (TREX) | 0.1% | — | −0.1 pts | −144K sh | −100% |
| Increased | UTZ BRANDS INC. (UTZ) | 0.7% | 0.8% | +0.1 pts | +393K sh | +14% |
| Reduced | SHOPIFY INC. (SHOP) | 0.1% | 0.1% | 0.0 pts | −130K sh | −50% |
| Reduced | DOUGLAS DYNAMICS INC (PLOW) | 0.3% | 0.2% | −0.1 pts | −172K sh | −28% |
| Reduced | AMERICAN TOWER CORP (AMT) | 1.4% | 1.2% | −0.2 pts | −26,557 sh | −6% |
| Reduced | MARKEL CORP HLDG CO (MKL) | 2.2% | 2.0% | −0.3 pts | −3,988 sh | −4% |
| Reduced | MASTERCARD INC-CLASS A (MA) | 2.4% | 2.3% | −0.1 pts | −13,933 sh | −3% |
| Exited | ISHARES S&P 500 GROWTH ETF (IVW) | 0.1% | — | −0.1 pts | −80,373 sh | −100% |
| Exited | PROGYNY, INC (PGNY) | 0.1% | — | −0.1 pts | −144K sh | −100% |
| Increased | WASTE CONNECTIONS INC (WCN) | 3.3% | 3.3% | 0.0 pts | +31,621 sh | +2% |
| Reduced | FASTENAL CO (FAST) | 2.8% | 3.0% | +0.2 pts | −78,366 sh | −2% |
| Increased | BRIGHT HORIZONS FAM SOL IN DEL (BFAM) | 0.1% | 0.2% | +0.1 pts | +52,807 sh | +48% |
| Increased | SIMPSON MANUFACTURING CO (SSD) | 0.1% | 0.1% | +0.1 pts | +35,002 sh | +60% |
| Reduced | CBRE GROUP INC (CBRE) | 2.6% | 2.2% | −0.3 pts | −51,512 sh | −2% |
| Increased | CROWDSTRIKE HOLDINGS, INC. (CRWD) | 0.9% | 1.1% | +0.2 pts | +25,259 sh | +5% |
| Reduced | THERMO FISHER SCIENTIFIC INC (TMO) | 2.1% | 2.0% | −0.1 pts | −5,879 sh | −2% |
| Reduced | COSTAR GROUP INC (CSGP) | 2.6% | 2.1% | −0.5 pts | −48,171 sh | −2% |
| Reduced | VERISK ANALYTICS INC (VRSK) | 2.0% | 2.0% | 0.0 pts | −16,827 sh | −2% |
| Increased | ECOLAB INC (ECL) | 2.7% | 3.0% | +0.2 pts | +18,304 sh | +1% |
| Reduced | DANAHER CORP (DHR) | 2.5% | 2.2% | −0.3 pts | −11,987 sh | −2% |
| Reduced | AMAZON.COM INC (AMZN) | 1.6% | 1.8% | +0.2 pts | −28,800 sh | −2% |
| Increased | FLOOR & DECOR HOLDINGS, INC. (FND) | 0.7% | 1.0% | +0.3 pts | +27,468 sh | +4% |
| Increased | QUALCOMM INC (QCOM) | 1.3% | 1.5% | +0.2 pts | +19,864 sh | +2% |
| Increased | S & P GLOBAL INC (SPGI) | 2.1% | 2.0% | 0.0 pts | +6,953 sh | +2% |
The 50 largest of 202 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
* Prior share counts adjusted or corrected for a stock split — changes are measured from the adjusted count:
- NUTRIEN LTD (NTR): 23,772 shares as filed last quarter, 23,772 after adjustment → 23,775 now (prior share count corrected for a stock split)
Top 10 positions — 31.3% of the equity book
Changes in the top 10 this quarter: MCO entered · HEIA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ANSYS INC (ANSS) | 3.3% | 3.8% | |
| 2 | TRANSDIGM GROUP INC (TDG) | 3.2% | 3.4% | |
| 3 | WASTE CONNECTIONS INC (WCN) | 3.3% | 3.3% | |
| 4 | BIO-TECHNE CORP (TECH) | 3.3% | 3.1% | |
| 5 | INTUITIVE SURGICAL INC (ISRG) | 3.5% | 3.1% | |
| 6 | ECOLAB INC (ECL) | 2.7% | 3.0% | |
| 7 | FASTENAL CO (FAST) | 2.8% | 3.0% | |
| 8 | VULCAN MATERIALS CO (VMC) | 2.8% | 3.0% | |
| 9 | VISA INC CL A (V) | 3.0% | 2.9% | |
| 10 | MOODYS CORP (MCO) | 2.6% | 2.8% | Entered the top 10 |
| — | HEICO CORP CL A (HEIA) | 3.1% | 2.6% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).