Conestoga Capital Advisors, LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| CASELLA WASTE SYS INC | CWST | $226.5M | 2,336,156 | +0.48pp | 28q | -16.7%-$45.4M | |
| RBC BEARINGS INC | RBC | $210.9M | 327,489 | -0.07pp | 29q | -23.7%-$65.6M | |
| NOVANTA INC | NOVT | $197.6M | 1,217,963 | +0.88pp | 31q | -16.0%-$37.6M | |
| BALCHEM CORP | BCPC | $183.8M | 1,087,871 | -0.24pp | 31q | -13.1%-$27.6M | |
| MERCURY SYS INC | MRCY | $181.9M | 1,487,191 | +1.16pp | 31q | -22.5%-$52.8M | |
| FIRSTSERVICE CORP NEW | FSV | $172.9M | 1,216,997 | -0.14pp | 29q | -13.4%-$26.8M | |
| DIGI INTL INC | DGII | $163.2M | 2,177,359 | +0.66pp | 26q | -27.5%-$62.0M | |
| CONSTRUCTION PARTNERS INC | ROAD | $161.4M | 1,358,962 | -0.16pp | 30q | -17.8%-$35.1M | |
| ESCO TECHNOLOGIES INC | ESE | $156.5M | 447,077 | +0.36pp | 31q | -17.5%-$33.2M | |
| MERIT MED SYS INC | MMSI | $137.3M | 1,979,790 | flat | 29q | -8.7%-$13.0M | |
| SPX TECHNOLOGIES INC | SPXC | $134.2M | 547,175 | +0.29pp | 9q | -16.8%-$27.1M | |
| REPLIGEN CORP | RGEN | $133.8M | 980,983 | +0.33pp | 31q | -10.6%-$15.9M | |
| CSW INDUSTRIALS INC | CSW | $131.3M | 471,727 | -0.15pp | 12q | -18.4%-$29.7M | |
| LEMAITRE VASCULAR INC | LMAT | $131.2M | 1,367,513 | -0.37pp | 31q | -7.4%-$10.5M | |
| DESCARTES SYS GROUP INC | DSGX | $129.1M | 1,864,851 | -0.21pp | 31q | -11.7%-$17.1M | |
| AAON INC | AAON | $128.9M | 1,015,825 | +0.70pp | 31q | -20.0%-$32.3M | |
| STEVANATO GROUP S P A | STVN | $126.6M | 7,007,613 | +0.42pp | 17q | -17.5%-$26.8M | |
| SITEONE LANDSCAPE SUPPLY INC | SITE | $109.9M | 960,286 | -0.55pp | 31q | -13.2%-$16.8M | |
| MSA SAFETY INC | MSA | $96.8M | 554,574 | -0.07pp | 11q | -16.6%-$19.2M | |
| HELIOS TECHNOLOGIES INC | HLIO | $96.8M | 1,084,345 | +0.39pp | 29q | -18.2%-$21.5M | |
| VERICEL CORP | VCEL | $92.7M | 2,083,832 | +0.43pp | 28q | -15.4%-$16.9M | |
| FEDERAL SIGNAL CORP | FSS | $92.1M | 716,591 | +0.14pp | 13q | -16.8%-$18.5M | |
| UL SOLUTIONS INC | ULS | $83.5M | 819,373 | +0.02pp | 9q | -21.9%-$23.5M | |
| SIMPSON MFG INC | SSD | $79.0M | 377,341 | -0.36pp | 31q | -37.7%-$47.7M | |
| EXPONENT INC | EXPO | $74.4M | 1,265,704 | -0.87pp | 31q | -33.6%-$37.7M | |
| Q2 HLDGS INC | QTWO | $67.0M | 1,393,275 | -0.23pp | 25q | -21.8%-$18.7M | |
| UNIVERSAL TECHNICAL INST INC | UTI | $50.5M | 1,181,460 | +0.17pp | 9q | -8.6%-$4.7M | |
| AGILYSYS INC | AGYS | $49.8M | 476,554 | +0.11pp | 9q | -30.3%-$21.7M | |
| KODIAK GAS SVCS INC | KGS | $48.5M | 646,145 | - | new | NEW | |
| KADANT INC | KAI | $47.2M | 150,265 | -0.20pp | 7q | -28.4%-$18.8M | |
| LEGENCE CORP | LGN | $43.2M | 506,578 | +0.47pp | 2q | +21.8%+$7.7M | |
| TRANSCAT INC | TRNS | $41.7M | 449,557 | +0.16pp | 25q | -12.3%-$5.8M | |
| ROLLINS INC | ROL | $41.4M | 991,591 | -0.36pp | 31q | -15.8%-$7.8M | |
| WEST PHARMACEUTICAL SVSC INC | WST | $40.0M | 111,294 | +0.21pp | 31q | -15.0%-$7.1M | |
| KARMAN HLDGS INC | KRMN | $39.9M | 798,496 | +0.05pp | 3q | +55.8%+$14.3M | |
| KNOWLES CORP | KN | $38.7M | 932,049 | - | new | NEW | |
| ARTIVION INC | AORT | $36.5M | 1,623,700 | -0.07pp | 2q | +38.1%+$10.1M | |
| HEICO CORP NEW | HEIA | $34.8M | 134,747 | -0.03pp | 31q | -27.5%-$13.2M | |
| NCINO INC | NCNO | $34.7M | 2,120,465 | -0.06pp | 7q | -22.2%-$9.9M | |
| WATSCO INC | WSO | $33.7M | 80,975 | -0.15pp | 31q | -33.6%-$17.1M | |
| BRIGHT HORIZONS FAM SOL IN D | BFAM | $31.5M | 444,997 | -1.43pp | 31q | -65.6%-$60.1M | |
| WD 40 CO | WDFC | $30.7M | 126,199 | -0.11pp | 31q | -33.6%-$15.6M | |
| ENPRO INC | NPO | $29.9M | 79,390 | +0.25pp | 2q | -1.2%-$361.9K | |
| HENRY JACK & ASSOC INC | JKHY | $27.7M | 200,836 | -0.18pp | 31q | -18.8%-$6.4M | |
| GUIDEWIRE SOFTWARE INC | GWRE | $27.6M | 224,372 | -0.22pp | 31q | -18.4%-$6.2M | |
| TYLER TECHNOLOGIES INC | TYL | $27.5M | 94,018 | -0.19pp | 31q | -18.2%-$6.1M | |
| GRACO INC | GGG | $26.4M | 349,644 | -0.34pp | 31q | -35.3%-$14.4M | |
| MATADOR RES CO | MTDR | $25.1M | 503,990 | - | new | NEW | |
| MAGNOLIA OIL & GAS CORP | MGY | $23.9M | 935,605 | - | new | NEW | |
| JBT MAREL CORPORATION | JBTM | $23.2M | 159,760 | +0.01pp | 31q | -17.8%-$5.0M | |
| WORKIVA INC | WK | $22.7M | 467,432 | -0.41pp | 22q | -38.1%-$13.9M | |
| MIRION TECHNOLOGIES INC | MIR | $22.4M | 1,248,061 | -0.19pp | 4q | -31.8%-$10.5M | |
| BIO-TECHNE CORP | TECH | $21.0M | 297,830 | -0.01pp | 31q | -34.0%-$10.9M | |
| POOL CORP | POOL | $19.3M | 90,032 | -0.20pp | 31q | -41.0%-$13.5M | |
| PERIMETER SOLUTIONS INC | PRM | $19.1M | 535,965 | - | new | NEW | |
| LCI INDS | LCII | $18.2M | 171,743 | -0.11pp | 31q | -15.9%-$3.4M | |
| PROCORE TECHNOLOGIES INC | PCOR | $13.9M | 341,338 | -0.16pp | 7q | -16.2%-$2.7M | |
| CACI INTL INC | CACI | $13.4M | 28,950 | flat | 2q | +6.9%+$861.7K | |
| EVI INDS INC | EVI | $9.9M | 668,316 | -0.07pp | 31q | -4.8%-$496.0K | |
| PERMIAN RESOURCES CORP | PR | $9.0M | 491,265 | - | new | NEW | |
| FORGENT POWER SOLUTIONS INC | FPS | $8.3M | 148,895 | - | new | NEW | |
| DT MIDSTREAM INC | DTM | $7.3M | 49,860 | - | new | NEW | |
| TWIST BIOSCIENCE CORP | TWST | $4.4M | 43,040 | +0.04pp | 5q | -24.2%-$1.4M | |
| MAMAS CREATIONS INC | MAMA | $4.1M | 228,160 | +0.03pp | 8q | +22.9%+$757.9K | |
| ELECTROVAYA INC | ELVA | $3.4M | 328,100 | +0.03pp | 3q | +24.6%+$680.2K | |
| BIOLIFE SOLUTIONS INC | BLFS | $3.4M | 121,652 | +0.04pp | 30q | +31.6%+$824.0K | |
| PALOMAR HLDGS INC | PLMR | $3.3M | 25,960 | +0.02pp | 26q | +25.8%+$673.0K | |
| GRAHAM CORP | GHM | $2.6M | 21,240 | +0.02pp | 2q | HELD | |
| CRYOPORT INC | CYRX | $2.5M | 158,674 | +0.03pp | 30q | -0.7%-$18.7K | |
| VITA COCO CO INC | COCO | $2.4M | 36,950 | +0.02pp | 8q | +24.5%+$481.2K | |
| WILLDAN GROUP INC | WLDN | $2.2M | 27,607 | +0.01pp | 30q | +16.6%+$311.7K | |
| HILLMAN SOLUTIONS CORP | HLMN | $2.1M | 244,070 | flat | 20q | -1.1%-$22.5K | |
| IRADIMED CORP | IRMD | $2.0M | 21,085 | flat | 11q | -0.6%-$12.4K | |
| ONTERRIS INC | ONT | $2.0M | 96,555 | +0.01pp | 18q | +15.6%+$263.5K | |
| BOWMAN CONSULTING GROUP LTD | BWMN | $1.9M | 66,300 | flat | 10q | HELD | |
| PARK AEROSPACE CORP | PKE | $1.9M | 49,485 | - | new | NEW | |
| ALPHA TEKNOVA INC | TKNO | $1.8M | 314,554 | +0.02pp | 20q | -0.8%-$14.4K | |
| CLIMB GLOBAL SOLUTIONS INC | CLMB | $1.7M | 72,070 | +0.01pp | 4q | HELD | |
| ODDITY TECH LTD | ODD | $1.5M | 97,620 | +0.01pp | 3q | HELD | |
| Tecsy | TCYSF | $1.5M | 66,305 | +0.01pp | 12q | -0.8%-$11.8K | |
| NPK INTERNATIONAL INC | NPKI | $1.4M | 88,825 | - | new | NEW | |
| ORTHOPEDIATRICS CORP | KIDS | $1.2M | 64,535 | +0.01pp | 30q | HELD | |
| ALPHABET INC | GOOGL | $1.0M | 2,915 | +0.01pp | 31q | -0.5%-$5.4K | |
| MICROSOFT CORP | MSFT | $880.0K | 2,359 | flat | 31q | HELD | |
| COSTCO WHOLESALE CORPORATION | COST | $874.7K | 935 | flat | 31q | HELD | |
| FASTENAL CO | FAST | $798.7K | 16,630 | flat | 31q | -2.4%-$19.7K | |
| ALPHABET INC | GOOG | $759.7K | 2,150 | flat | 31q | -0.7%-$5.3K | |
| S&P GLOBAL INC | SPGI | $619.4K | 1,521 | flat | 18q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $605.5K | 1,210 | flat | 23q | HELD | |
| LINDE PLC | LIN | $542.3K | 1,045 | flat | 14q | -1.9%-$10.4K | |
| MASTERCARD INCORPORATED | MA | $511.0K | 995 | flat | 31q | HELD | |
| VERISK ANALYTICS INC | VRSK | $484.9K | 2,701 | flat | 31q | -18.5%-$110.4K | |
| JOHNSON & JOHNSON | JNJ | $472.4K | 1,860 | flat | 31q | HELD | |
| APPLE INC | AAPL | $377.6K | 1,305 | flat | 31q | -2.2%-$8.7K | |
| FORTINET INC | FTNT | $359.5K | 2,340 | flat | 31q | -28.5%-$143.3K | |
| WASTE CONNECTIONS INC | WCN | $355.1K | 2,130 | flat | 27q | -31.3%-$162.0K | |
| EXXON MOBIL CORP | XOMXXXX | $306.8K | 2,244 | flat | 31q | +19.1%+$49.2K | |
| NVIDIA CORPORATION | NVDA | $306.1K | 1,530 | flat | 5q | HELD | |
| MARKEL GROUP INC | MKL | $283.2K | 145 | flat | 31q | HELD | |
| IDEXX LABS INC | IDXX | $273.7K | 520 | flat | 31q | -34.2%-$142.1K | |
| XYLEM INC | XYL | $247.1K | 2,090 | flat | 31q | -23.1%-$74.1K | |
| ILLINOIS TOOL WKS INC | ITW | $246.1K | 910 | flat | 23q | HELD | |
| DANAHER CORP DEL | DHR | $236.2K | 1,240 | flat | 31q | +6.0%+$13.3K | |
| HOME DEPOT INC | HD | $229.2K | 650 | flat | 7q | HELD | |
| GENERAC HLDGS INC | GNRC | $224.0K | 765 | flat | 25q | -41.4%-$158.1K | |
| INTUIT | INTU | $223.2K | 855 | flat | 31q | +7.5%+$15.7K | |
| AXON ENTERPRISE INC | AXON | $221.4K | 395 | - | new | NEW | |
| ROPER TECHNOLOGIES INC | ROP | $208.1K | 615 | flat | 31q | -30.3%-$90.4K | |
| SMUCKER J M CO | SJM | $200.2K | 1,780 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Industrials | $751.9M | 16.4% |
| Semiconductors & Electronics | $587.0M | 12.8% |
| Medical Devices | $575.1M | 12.5% |
| Software & IT Services | $416.7M | 9.1% |
| Chemicals | $396.9M | 8.6% |
| Business Services | $299.8M | 6.5% |
| Biotech & Pharma | $257.0M | 5.6% |
| Utilities | $226.9M | 4.9% |
| Construction & Building | $204.6M | 4.5% |
| Autos & Aerospace | $186.8M | 4.1% |
| Real Estate | $172.9M | 3.8% |
| Wholesale & Distribution | $164.6M | 3.6% |
| Other sectors | $355.2M | 7.7% |
| Not classified | $1.8M | 0.0% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $4.6B | 109 | 12 | 14 | 68 | 17 | 39.0% | 24 |
| Q1 2026 | $5.0B | 114 | 5 | 33 | 44 | 12 | 36.6% | 24 |
| Q4 2025 | $5.9B | 121 | 5 | 49 | 62 | 6 | 34.6% | 33 |
| Q3 2025 | $6.2B | 122 | 5 | 27 | 56 | 5 | 35.5% | 24 |
| Q2 2025 | $6.8B | 122 | 3 | 25 | 45 | 4 | 34.9% | 30 |
| Q1 2025 | $6.6B | 123 | 2 | 54 | 19 | 3 | 35.3% | 17 |
| Q4 2024 | $7.5B | 124 | 7 | 41 | 23 | 4 | 34.9% | 24 |
| Q3 2024 | $7.4B | 121 | 2 | 52 | 48 | 11 | 36.8% | 28 |
| Q2 2024 | $6.7B | 130 | 6 | 58 | 36 | 7 | 37.0% | 26 |
| Q1 2024 | $6.9B | 131 | 3 | 67 | 36 | 3 | 35.5% | 26 |
| Q4 2023 | $6.7B | 131 | 3 | 61 | 40 | 0 | 35.3% | 26 |
| Q3 2023 | $5.8B | 128 | 5 | 47 | 38 | 3 | 35.2% | 30 |
| Q2 2023 | $6.3B | 126 | 2 | 14 | 63 | 5 | 35.7% | 28 |
| Q1 2023 | $6.0B | 129 | 1 | 50 | 33 | 4 | 35.0% | 24 |
| Q4 2022 | $5.3B | 132 | 3 | 48 | 39 | 6 | 35.4% | 32 |
| Q3 2022 | $5.1B | 135 | 1 | 37 | 48 | 5 | 34.2% | 24 |
| Q2 2022 | $5.5B | 139 | 3 | 18 | 62 | 3 | 33.0% | 22 |
| Q1 2022 | $6.6B | 139 | 5 | 71 | 23 | 10 | 31.9% | 25 |
| Q4 2021 | $7.7B | 144 | 7 | 57 | 23 | 8 | 32.8% | 21 |
| Q3 2021 | $7.2B | 145 | 8 | 68 | 27 | 7 | 33.1% | 22 |
| Q2 2021 | $6.9B | 144 | 7 | 66 | 33 | 4 | 29.4% | 27 |
| Q1 2021 | $6.6B | 141 | 9 | 75 | 28 | 13 | 29.5% | 23 |
| Q4 2020 | $6.3B | 145 | 7 | 67 | 46 | 5 | 29.3% | 26 |
| Q3 2020 | $5.0B | 143 | 2 | 86 | 16 | 5 | 30.0% | 23 |
| Q2 2020 | $4.6B | 146 | 10 | 89 | 18 | 4 | 29.5% | 34 |
| Q1 2020 | $3.4B | 140 | 4 | 63 | 50 | 9 | 30.6% | 17 |
| Q4 2019 | $4.2B | 145 | 5 | 49 | 41 | 1 | 29.4% | 24 |
| Q3 2019 | $3.9B | 141 | 5 | 29 | 64 | 7 | 30.6% | 25 |
| Q2 2019 | $4.0B | 143 | 7 | 72 | 30 | 8 | 31.9% | 33 |
| Q1 2019 | $3.6B | 144 | 21 | 67 | 13 | 3 | 30.0% | 18 |
| Q4 2018 | $3.1B | 126 | 0 | 0 | 0 | 0 | 29.8% | 28 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.