Grandeur Peak Global Advisors LLC's Q1 2022 13F: 7 new positions, 11 exits
Form 13F-HR for the quarter ended Mar 31, 2022 · filed May 13, 2022 · 112 reported positions · accession 0001569137-22-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | EPAM Systems Inc (EPAM) | 9.3% | — | −9.3 pts | −305K sh | −100% |
| Increased | Endava PLC (DAVA) | 11.1% | 11.2% | +0.1 pts | +329K sh | +23% |
| Increased | Globant SA (GLOB) | 5.2% | 5.8% | +0.6 pts | +105K sh | +29% |
| Increased | Figs Inc (FIGS) | 0.3% | 1.5% | +1.2 pts | +1.26M sh | +621% |
| Increased | First Rep Bk San Francisco C (FRCB) | 2.0% | 2.5% | +0.5 pts | +117K sh | +56% |
| Increased | Paycom Software Inc (PAYC) | 0.4% | 1.1% | +0.7 pts | +46,565 sh | +215% |
| Increased | Littelfuse Inc (LFUS) | 2.1% | 2.4% | +0.3 pts | +60,528 sh | +41% |
| Increased | Medpace Holdings Inc (MEDP) | 0.4% | 0.9% | +0.6 pts | +86,258 sh | +243% |
| Reduced | Ritchie Bros Auctioneers Inc (RBA) | 2.1% | 1.4% | −0.6 pts | −234K sh | −32% |
| Increased | JFrog Ltd (FROG) | 1.1% | 1.7% | +0.6 pts | +503K sh | +60% |
| Reduced | QIAGEN NV (QGEN) | 2.7% | 1.9% | −0.8 pts | −240K sh | −22% |
| Increased | Shoals Technologies Group Inc (SHLS) | 0.2% | 0.7% | +0.5 pts | +654K sh | +294% |
| Increased | Global Industrial Co (GIC) | 0.8% | 1.2% | +0.3 pts | +318K sh | +71% |
| Increased | Bank Hawaii Corp (BOH) | 0.3% | 0.8% | +0.5 pts | +122K sh | +175% |
| Increased | SVB Financial Group (SIVBQ) | 0.5% | 0.9% | +0.4 pts | +18,221 sh | +125% |
| Increased | Genpact Ltd (G) | 5.6% | 5.2% | −0.4 pts | +220K sh | +10% |
| Increased | Castle Biosciences Inc (CSTL) | 0.7% | 1.2% | +0.5 pts | +206K sh | +61% |
| Increased | Bank of NT Butterfield&Son (NTB) | 4.1% | 4.4% | +0.3 pts | +215K sh | +9% |
| Increased | Etsy Inc (ETSY) | 0.3% | 0.5% | +0.2 pts | +60,690 sh | +200% |
| Increased | PJT Partners Inc (PJT) | 1.1% | 1.3% | +0.2 pts | +118K sh | +36% |
| Increased | HubSpot Inc (HUBS) | 0.2% | 0.5% | +0.3 pts | +15,522 sh | +214% |
| Increased | Patria Investments Ltd (PAX) | 2.3% | 2.9% | +0.7 pts | +391K sh | +13% |
| Reduced | Gildan Activewear Inc (GIL) | 2.9% | 2.3% | −0.6 pts | −184K sh | −12% |
| Increased | Lululemon Athletica Inc (LULU) | 2.9% | 3.1% | +0.2 pts | +16,729 sh | +10% |
| Increased | Glacier Bancorp Inc (GBCI) | 1.2% | 1.3% | +0.2 pts | +115K sh | +26% |
| Increased | Rapid7 Inc (RPD) | 1.0% | 1.2% | +0.3 pts | +51,399 sh | +28% |
| Increased | Goosehead Ins Inc (GSHD) | 0.4% | 0.5% | +0.1 pts | +66,113 sh | +102% |
| Increased | Chewy Inc (CHWY) | 0.2% | 0.4% | +0.2 pts | +122K sh | +154% |
| New | Cloudflare Inc (NET) | — | 0.2% | +0.2 pts | +39,569 sh | new |
| Increased | Elastic NV (ESTC) | 0.2% | 0.4% | +0.2 pts | +53,167 sh | +159% |
| Increased | Power Integrations Inc (POWI) | 0.5% | 0.7% | +0.2 pts | +50,681 sh | +44% |
| Increased | O2Micro International Ltd (OIIM) | 0.6% | 0.8% | +0.2 pts | +1.12M sh | +41% |
| Exited | HeadHunter Group PLC (HHR) | 0.2% | — | −0.2 pts | −93,700 sh | −100% |
| Increased | MercadoLibre Inc (MELI) | 0.2% | 0.4% | +0.2 pts | +3,871 sh | +136% |
| Increased | Monolithic Pwr Sys Inc (MPWR) | 2.0% | 2.2% | +0.3 pts | +9,465 sh | +11% |
| Increased | Align Technology Inc (ALGN) | 0.4% | 0.5% | +0.1 pts | +10,448 sh | +84% |
| New | Gitlab Inc (GTLB) | — | 0.2% | +0.2 pts | +83,037 sh | new |
| Increased | Blackline Inc (BL) | 0.4% | 0.5% | +0.1 pts | +58,029 sh | +75% |
| Exited | Yandex NV (NBIS) | 0.2% | — | −0.2 pts | −72,377 sh | −100% |
| Increased | Squarespace Inc (SQSP) | 0.3% | 0.5% | +0.2 pts | +164K sh | +71% |
| Exited | Qualtrics Intl Inc (XM) | 0.2% | — | −0.2 pts | −117K sh | −100% |
| Increased | First Hawaiian Inc (FHB) | 0.2% | 0.4% | +0.2 pts | +135K sh | +72% |
| Increased | Ollies Bargain Outlet Holding (OLLI) | 0.6% | 0.7% | +0.1 pts | +87,455 sh | +33% |
| Increased | Unity Software Inc (U) | 0.0% | 0.2% | +0.2 pts | +36,351 sh | +1529% |
| Increased | Heska Corp (HSKA) | 1.2% | 1.1% | −0.1 pts | +25,514 sh | +17% |
| Increased | IDEXX Labs Inc (IDXX) | 0.1% | 0.3% | +0.1 pts | +6,252 sh | +155% |
| Reduced | Traeger Inc (COOK) | 0.4% | 0.1% | −0.3 pts | −457K sh | −67% |
| New | Datadog Inc (DDOG) | — | 0.2% | +0.2 pts | +22,410 sh | new |
| Reduced | Fastenal Co (FAST) | 0.3% | 0.1% | −0.2 pts | −56,122 sh | −63% |
| Increased | P10 Inc (PX) | 0.8% | 0.9% | +0.1 pts | +270K sh | +22% |
The 50 largest of 120 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 — 51.6% of the equity book
Changes in the top 10 this quarter: FRCB entered · LFUS entered · EPAM left · QGEN left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | WNS Holdings Ltd (WNS) | 11.5% | 11.6% | |
| 2 | Endava PLC (DAVA) | 11.1% | 11.2% | |
| 3 | Globant SA (GLOB) | 5.2% | 5.8% | |
| 4 | Genpact Ltd (G) | 5.6% | 5.2% | |
| 5 | Bank of NT Butterfield&Son (NTB) | 4.1% | 4.4% | |
| 6 | Lululemon Athletica Inc (LULU) | 2.9% | 3.1% | |
| 7 | Patria Investments Ltd (PAX) | 2.3% | 2.9% | |
| 8 | First Rep Bk San Francisco C (FRCB) | 2.0% | 2.5% | Entered the top 10 |
| 9 | Littelfuse Inc (LFUS) | 2.1% | 2.4% | Entered the top 10 |
| 10 | Gildan Activewear Inc (GIL) | 2.9% | 2.3% | |
| — | EPAM Systems Inc (EPAM) | 9.3% | 0.0% | Left the top 10 |
| — | QIAGEN NV (QGEN) | 2.7% | 1.9% | 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).