Grandeur Peak Global Advisors LLC's Q4 2021 13F: 13 new positions, 10 exits
Form 13F-HR for the quarter ended Dec 31, 2021 · filed Feb 15, 2022 · 116 reported positions · accession 0001569137-22-000001
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | YUM China Hldgs Inc (YUMC) | 1.4% | — | −1.4 pts | −513K sh | −100% |
| New | JFrog Ltd (FROG) | — | 1.1% | +1.1 pts | +842K sh | new |
| Reduced | EPAM Systems Inc (EPAM) | 8.9% | 9.3% | +0.4 pts | −25,837 sh | −8% |
| New | CI&T Inc (CINT) | — | 0.8% | +0.8 pts | +1.45M sh | new |
| New | P10 Inc (PX) | — | 0.8% | +0.8 pts | +1.21M sh | new |
| Increased | Globant SA (GLOB) | 4.2% | 5.2% | +1.0 pts | +47,023 sh | +15% |
| Reduced | QIAGEN NV (QGEN) | 3.3% | 2.7% | −0.5 pts | −263K sh | −20% |
| Reduced | ExlService Holdings Inc (EXLS) | 0.6% | 0.1% | −0.5 pts | −91,098 sh | −88% |
| Exited | Trip.com Group Ltd (TCOM) | 0.5% | — | −0.5 pts | −359K sh | −100% |
| Reduced | FTI Consulting Inc (FCN) | 0.4% | 0.0% | −0.4 pts | −57,992 sh | −93% |
| Reduced | Endava PLC (DAVA) | 9.6% | 11.1% | +1.5 pts | −43,349 sh | −3% |
| Exited | Honest Co Inc (HNST) | 0.3% | — | −0.3 pts | −637K sh | −100% |
| Reduced | Etsy Inc (ETSY) | 0.6% | 0.3% | −0.3 pts | −28,990 sh | −49% |
| Increased | Hacket Group Inc (HCKT) | 0.2% | 0.5% | +0.2 pts | +258K sh | +96% |
| Reduced | LGI Homes Inc (LGIH) | 1.0% | 0.8% | −0.2 pts | −32,304 sh | −23% |
| Exited | Poshmark Inc (POSH) | 0.2% | — | −0.2 pts | −196K sh | −100% |
| Increased | Castle Biosciences Inc (CSTL) | 0.7% | 0.7% | −0.1 pts | +107K sh | +46% |
| Reduced | Houlihan Lokey Inc (HLI) | 0.4% | 0.2% | −0.2 pts | −43,151 sh | −50% |
| Increased | Ollies Bargain Outlet Holding (OLLI) | 0.5% | 0.6% | +0.1 pts | +85,954 sh | +47% |
| Reduced | Marcus & Millichap Inc (MMI) | 0.6% | 0.6% | −0.1 pts | −82,684 sh | −25% |
| Reduced | Traeger Inc (COOK) | 1.0% | 0.4% | −0.6 pts | −339K sh | −33% |
| New | MercadoLibre Inc (MELI) | — | 0.2% | +0.2 pts | +2,841 sh | new |
| Increased | Align Technology Inc (ALGN) | 0.2% | 0.4% | +0.2 pts | +5,768 sh | +86% |
| Reduced | Wix Com Ltd (WIX) | 3.1% | 2.2% | −0.9 pts | −23,753 sh | −7% |
| Increased | Figs Inc (FIGS) | 0.1% | 0.3% | +0.1 pts | +130K sh | +181% |
| Increased | TriMas Corp (TRS) | 0.6% | 0.8% | +0.2 pts | +93,902 sh | +25% |
| Reduced | Lululemon Athletica Inc (LULU) | 3.3% | 2.9% | −0.4 pts | −8,033 sh | −5% |
| Reduced | Silicon Laboratories Inc (SLAB) | 0.4% | 0.4% | 0.0 pts | −14,504 sh | −27% |
| Increased | Cardiovascular Systems Inc (CSII) | 0.6% | 0.5% | −0.2 pts | +150K sh | +36% |
| Exited | Arco Platform Ltd (ARCE) | 0.1% | — | −0.1 pts | −122K sh | −100% |
| Reduced | Gildan Activewear Inc (GIL) | 2.7% | 2.9% | +0.2 pts | −62,095 sh | −4% |
| Increased | O2Micro International Ltd (OIIM) | 0.6% | 0.6% | −0.1 pts | +569K sh | +27% |
| Exited | Array Technologies Inc (ARRY) | 0.1% | — | −0.1 pts | −132K sh | −100% |
| Reduced | HeadHunter Group PLC (HHR) | 0.3% | 0.2% | −0.1 pts | −47,400 sh | −34% |
| Increased | Elastic NV (ESTC) | 0.1% | 0.2% | +0.1 pts | +19,016 sh | +131% |
| Reduced | Kinsale Capital Group Inc (KNSL) | 0.1% | 0.0% | −0.1 pts | −8,808 sh | −79% |
| Increased | Shoals Technologies Group Inc (SHLS) | 0.2% | 0.2% | +0.1 pts | +79,160 sh | +55% |
| New | Silvergate Capital Corp (SICP) | — | 0.1% | +0.1 pts | +11,700 sh | new |
| Increased | Squarespace Inc (SQSP) | 0.3% | 0.3% | 0.0 pts | +58,652 sh | +34% |
| Increased | Zendesk Inc (ZEN) | 0.1% | 0.2% | +0.1 pts | +15,708 sh | +82% |
| Reduced | Paylocity Hldg Corp (PCTY) | 0.6% | 0.4% | −0.2 pts | −6,791 sh | −14% |
| Increased | WNS Holdings Ltd (WNS) | 11.0% | 11.5% | +0.5 pts | +17,466 sh | +1% |
| Reduced | First Rep Bk San Francisco C (FRCB) | 2.0% | 2.0% | 0.0 pts | −7,054 sh | −3% |
| Increased | Glacier Bancorp Inc (GBCI) | 1.1% | 1.2% | 0.0 pts | +24,226 sh | +6% |
| Reduced | Mimecast Ltd (MIME) | 0.1% | 0.0% | 0.0 pts | −17,145 sh | −79% |
| Increased | PJT Partners Inc (PJT) | 1.1% | 1.1% | −0.1 pts | +17,671 sh | +6% |
| Increased | Plumas Bancorp (PLBC) | 0.2% | 0.3% | +0.1 pts | +36,904 sh | +24% |
| Reduced | Monolithic Pwr Sys Inc (MPWR) | 2.0% | 2.0% | −0.1 pts | −2,525 sh | −3% |
| Increased | Global Industrial Co (GIC) | 0.7% | 0.8% | +0.1 pts | +29,946 sh | +7% |
| Increased | Kimball International Inc (KBAL) | 0.1% | 0.1% | 0.0 pts | +119K sh | +105% |
The 50 largest of 118 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
Top 10 positions — 57.6% of the equity book
Changes in the top 10 this quarter: PAX entered · WIX left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | WNS Holdings Ltd (WNS) | 11.0% | 11.5% | |
| 2 | Endava PLC (DAVA) | 9.6% | 11.1% | |
| 3 | EPAM Systems Inc (EPAM) | 8.9% | 9.3% | |
| 4 | Genpact Ltd (G) | 5.2% | 5.6% | |
| 5 | Globant SA (GLOB) | 4.2% | 5.2% | |
| 6 | Bank of NT Butterfield&Son (NTB) | 4.0% | 4.1% | |
| 7 | Lululemon Athletica Inc (LULU) | 3.3% | 2.9% | |
| 8 | Gildan Activewear Inc (GIL) | 2.7% | 2.9% | |
| 9 | QIAGEN NV (QGEN) | 3.3% | 2.7% | |
| 10 | Patria Investments Ltd (PAX) | 2.3% | 2.3% | Entered the top 10 |
| — | Wix Com Ltd (WIX) | 3.1% | 2.2% | 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).