Grandeur Peak Global Advisors LLC's Q3 2024 13F: 14 new positions, 12 exits
Form 13F-HR for the quarter ended Sep 30, 2024 · filed Nov 14, 2024 · 133 reported positions · accession 0001569137-24-000007
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | Monolithic Pwr Sys Inc (MPWR) | 5.9% | 3.0% | −2.9 pts | −50,945 sh | −56% |
| Increased | Lululemon Athletica Inc (LULU) | 2.4% | 5.3% | +2.8 pts | +132K sh | +130% |
| Reduced | ICON PLC (ICLR) | 4.4% | 1.6% | −2.8 pts | −110K sh | −63% |
| Reduced | PJT Partners Inc (PJT) | 2.5% | 1.5% | −1.0 pts | −157K sh | −54% |
| Increased | Marex Group PLC (MRX) | 0.1% | 1.4% | +1.3 pts | +660K sh | +1416% |
| Reduced | Crowdstrike Holdings Inc (CRWD) | 1.7% | 0.0% | −1.6 pts | −52,768 sh | −96% |
| Reduced | Ollies Bargain Outlet Holding (OLLI) | 1.7% | 0.6% | −1.1 pts | −138K sh | −65% |
| Reduced | Littelfuse Inc (LFUS) | 4.4% | 3.7% | −0.7 pts | −46,233 sh | −21% |
| Reduced | Evercore Inc (EVR) | 1.1% | 0.5% | −0.7 pts | −45,152 sh | −67% |
| Increased | Globant SA (GLOB) | 5.0% | 6.7% | +1.7 pts | +56,833 sh | +16% |
| Increased | Grocery Outlet Holding Corp (GO) | 0.3% | 1.2% | +0.9 pts | +640K sh | +417% |
| Increased | JFrog Ltd (FROG) | 6.9% | 6.4% | −0.5 pts | +360K sh | +16% |
| New | Alamo Group Inc (ALG) | — | 0.9% | +0.9 pts | +57,346 sh | new |
| Increased | BBB Foods Inc (TBBB) | 1.9% | 3.2% | +1.3 pts | +290K sh | +29% |
| Increased | Perella Weinberg Partners (PWP) | 0.6% | 1.4% | +0.8 pts | +387K sh | +81% |
| Reduced | Nova Ltd (NVMI) | 1.6% | 0.9% | −0.7 pts | −32,300 sh | −38% |
| Reduced | Insulet Corp (PODD) | 0.8% | 0.4% | −0.4 pts | −27,797 sh | −55% |
| Increased | Elastic NV (ESTC) | 3.3% | 2.9% | −0.5 pts | +82,690 sh | +23% |
| Increased | Five Below Inc (FIVE) | 1.3% | 1.6% | +0.3 pts | +63,618 sh | +42% |
| New | Kulicke & Soffa Industries Inc (KLIC) | — | 0.5% | +0.5 pts | +122K sh | new |
| Increased | CyberArk Software Ltd (CYBR) | 2.6% | 3.3% | +0.7 pts | +18,616 sh | +16% |
| New | Ulta Beauty Inc (ULTA) | — | 0.4% | +0.4 pts | +12,127 sh | new |
| Reduced | Charles Riv Labs Intl Inc (CRL) | 1.2% | 0.8% | −0.4 pts | −23,747 sh | −32% |
| Increased | Stevanato Group SpA (STVN) | 0.8% | 1.3% | +0.5 pts | +223K sh | +39% |
| Reduced | Shoals Technologies Group Inc (SHLS) | 0.6% | 0.2% | −0.4 pts | −750K sh | −59% |
| New | Modine Manufacturing Co (MOD) | — | 0.3% | +0.3 pts | +30,723 sh | new |
| Exited | TriMas Corp (TRS) | 0.3% | — | −0.3 pts | −160K sh | −100% |
| Reduced | Houlihan Lokey Inc (HLI) | 0.6% | 0.5% | −0.2 pts | −24,556 sh | −41% |
| Reduced | PagerDuty Inc (PD) | 0.8% | 0.4% | −0.5 pts | −209K sh | −46% |
| Reduced | HDFC Bank Ltd (HDB) | 1.0% | 0.7% | −0.3 pts | −59,520 sh | −31% |
| New | SentinelOne Inc (S) | — | 0.3% | +0.3 pts | +146K sh | new |
| Increased | Stantec Inc (STN) | 1.1% | 1.4% | +0.3 pts | +42,400 sh | +26% |
| Reduced | PACS Group Inc (PACS) | 0.7% | 0.7% | 0.0 pts | −84,462 sh | −30% |
| Reduced | Cactus Inc (WHD) | 0.5% | 0.3% | −0.2 pts | −55,784 sh | −52% |
| New | Trex Co Inc (TREX) | — | 0.2% | +0.2 pts | +44,781 sh | new |
| Exited | Bank of NT Butterfield&Son (NTB) | 0.2% | — | −0.2 pts | −86,944 sh | −100% |
| Exited | Savers Value Vlg Inc (SVV) | 0.2% | — | −0.2 pts | −248K sh | −100% |
| Reduced | Marvell Technology Inc (MRVL) | 0.3% | 0.1% | −0.2 pts | −40,167 sh | −76% |
| Exited | Moelis & Co (MC) | 0.2% | — | −0.2 pts | −50,447 sh | −100% |
| New | EMCOR Group Inc (EME) | — | 0.2% | +0.2 pts | +6,344 sh | new |
| Increased | nVent Electric PLC (NVT) | 1.1% | 1.3% | +0.2 pts | +38,274 sh | +21% |
| New | FirstCash Holdings Inc (FCFS) | — | 0.2% | +0.2 pts | +22,548 sh | new |
| Reduced | Tradeweb Markets Inc (TW) | 0.5% | 0.4% | −0.1 pts | −20,902 sh | −34% |
| Reduced | Neogen Corp (NEOG) | 0.8% | 0.6% | −0.1 pts | −148K sh | −24% |
| Reduced | Ares Management Corp (ARES) | 0.8% | 0.7% | 0.0 pts | −15,495 sh | −21% |
| Reduced | Patria Investments Ltd (PAX) | 3.5% | 3.2% | −0.3 pts | −210K sh | −6% |
| Reduced | Atmus Filtration Technologies (ATMU) | 0.4% | 0.3% | −0.1 pts | −62,467 sh | −37% |
| Increased | Medpace Holdings Inc (MEDP) | 0.7% | 0.8% | +0.1 pts | +6,849 sh | +32% |
| Exited | Power Integrations Inc (POWI) | 0.2% | — | −0.2 pts | −33,257 sh | −100% |
| Increased | Dollar Gen Corp New (DG) | 0.0% | 0.2% | +0.2 pts | +25,224 sh | +3255% |
The 50 largest of 132 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 — 40.7% of the equity book
Changes in the top 10 this quarter: LULU entered · TBBB entered · ICLR left · NET left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | Globant SA (GLOB) | 5.0% | 6.7% | |
| 2 | JFrog Ltd (FROG) | 6.9% | 6.4% | |
| 3 | Lululemon Athletica Inc (LULU) | 2.4% | 5.3% | Entered the top 10 |
| 4 | Littelfuse Inc (LFUS) | 4.4% | 3.7% | |
| 5 | CyberArk Software Ltd (CYBR) | 2.6% | 3.3% | |
| 6 | BBB Foods Inc (TBBB) | 1.9% | 3.2% | Entered the top 10 |
| 7 | Patria Investments Ltd (PAX) | 3.5% | 3.2% | |
| 8 | Monolithic Pwr Sys Inc (MPWR) | 5.9% | 3.0% | |
| 9 | QIAGEN NV (QGEN) | 2.5% | 3.0% | |
| 10 | Elastic NV (ESTC) | 3.3% | 2.9% | |
| — | ICON PLC (ICLR) | 4.4% | 1.6% | Left the top 10 |
| — | Cloudflare Inc (NET) | 2.7% | 2.7% | 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).