2026 Q2 Portfolio Activity
In 2026 Q2, Montanaro Asset Management Ltd maintained a portfolio of 47 distinct positions. The most significant new addition was ACUITY INC, now representing 3.44% of the total fund value. They heavily accumulated shares in WATTS WATER TECHNOLOGIES INC, increasing the position by 74.0%. Conversely, Montanaro Asset Management Ltd completely exited their position in TYLER TECHNOLOGIES INC.
Position History
hover any row below to update
Loading…
Total Positions
47
Quarter
2026 Q2
Top Holding
NVMI (5.9%)
Top 10 Concentration
45.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-47 of 47
Montanaro Asset Management Ltd Full Holdings List — 2026 Q2
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NVMI
NOVA LTD
|
Technology | 5.89% | 6.25% |
#1
Prev: #1
|
4.4 |
—
|
-13,750 | -28.6% |
P
S
|
34,380 | $18,666,277 |
$105.03
+254.3%
|
2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | ||
|
WTS
WATTS WATER TEC...
|
Industrials | 5.69% | 2.30% |
#2
22
Prev: #24
|
6.8 |
—
|
19,600 | 74.0% |
P
S
|
46,100 | $18,045,845 |
$332.39
+9.2%
|
2026 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | ||
|
EGP
EASTGROUP PPTYS...
|
Real Estate | 5.06% | 4.19% |
#3
3
Prev: #6
|
3.5 |
—
|
3,718 | 4.9% |
P
S
|
79,318 | $16,064,275 |
$174.81
+13.6%
|
2025 Q3 | 13F Filing | 2026-06-30 | 2026-08-12 | ||
|
FSS
FEDERAL SIGNAL ...
|
Industrials | 4.96% | 3.98% |
#4
3
Prev: #7
|
3.0 |
—
|
-569 | -0.5% |
P
S
|
122,531 | $15,744,008 | 2025 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
VMI
VALMONT INDS IN...
|
Industrials | 4.71% | 2.32% |
#5
18
Prev: #23
|
4.9 |
—
|
6,450 | 33.2% |
P
S
|
25,850 | $14,930,960 | 2026 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
BCPC
BALCHEM CORP
|
Basic Materials | 4.66% | 5.00% |
#6
3
Prev: #3
|
2.4 |
—
|
-11,182 | -11.3% |
P
S
|
87,518 | $14,786,166 | 2022 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
SITM
SITIME CORP
|
Technology | 3.76% | 2.58% |
#7
13
Prev: #20
|
1.5 |
—
|
-9,000 | -36.0% |
P
S
|
16,000 | $11,928,960 | 2021 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
BSY
BENTLEY SYS INC
|
Technology | 3.59% | 4.20% |
#8
3
Prev: #5
|
1.9 |
—
|
-19,467 | -4.9% |
P
S
|
380,833 | $11,383,098 | 2022 Q3 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
CSWI
CSW INDUSTRIALS...
|
Unknown | 3.57% | 3.88% |
#9
1
Prev: #8
|
1.9 |
—
|
-9,095 | -18.3% |
P
S
|
40,705 | $11,328,202 | 2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
HLI
HOULIHAN LOKEY ...
|
Financial Services | 3.51% | 4.22% |
#10
6
Prev: #4
|
1.9 |
—
|
-15,316 | -15.6% |
P
S
|
82,934 | $11,123,937 | 2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
AWK
AMERICAN WTR WK...
|
Utilities | 3.49% | 3.66% |
#11
1
Prev: #10
|
1.9 |
—
|
-5,700 | -6.3% |
P
S
|
84,140 | $11,071,141 | 2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
AYI
ACUITY INC
|
Industrials | 3.44% | — |
#12
Prev: #—
|
4.9 |
—
|
28,950 | — |
NEW
|
28,950 | $10,904,307 | 2026 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
ENTG
ENTEGRIS INC
|
Technology | 3.37% | 2.87% |
#13
2
Prev: #15
|
1.3 |
—
|
-22,400 | -27.4% |
P
S
|
59,500 | $10,701,670 | 2021 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
EXPO
EXPONENT INC
|
Industrials | 3.32% | 3.74% |
#14
5
Prev: #9
|
1.8 |
—
|
-12,711 | -6.6% |
P
S
|
179,089 | $10,523,270 | 2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
MANH
MANHATTAN ASSOC...
|
Technology | 2.98% | 3.16% |
#15
2
Prev: #13
|
1.7 |
—
|
-11,545 | -14.6% |
P
S
|
67,765 | $9,436,276 | 2024 Q3 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
TECH
BIO-TECHNE CORP
|
Healthcare | 2.81% | 5.33% |
#16
14
Prev: #2
|
1.1 |
—
|
-214,715 | -63.0% |
P
S
|
126,335 | $8,925,568 | 2021 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
LRN
STRIDE INC
|
Consumer Defensive | 2.64% | 3.30% |
#17
6
Prev: #11
|
1.1 |
—
|
-28,051 | -22.4% |
P
S
|
97,249 | $8,386,754 | 2024 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
SXT
SENSIENT TECHNO...
|
Basic Materials | 2.55% | — |
#18
Prev: #—
|
4.5 |
—
|
65,500 | — |
NEW
|
65,500 | $8,075,495 | 2026 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
VEEV
VEEVA SYS INC
|
Healthcare | 2.41% | 1.89% |
#19
6
Prev: #25
|
3.0 |
—
|
7,100 | 19.7% |
P
S
|
43,100 | $7,648,957 | 2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
MIR
MIRION TECHNOLO...
|
Industrials | 2.37% | 1.70% |
#20
8
Prev: #28
|
3.4 |
—
|
113,346 | 37.1% |
P
S
|
418,646 | $7,506,323 | 2025 Q3 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
ROL
ROLLINS INC
|
Consumer Cyclical | 1.99% | 3.24% |
#21
9
Prev: #12
|
0.8 |
—
|
-51,685 | -25.5% |
P
S
|
151,315 | $6,315,888 | 2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
MSCI
MSCI INC
|
Financial Services | 1.94% | 2.52% |
#22
1
Prev: #21
|
0.8 |
—
|
-4,650 | -29.7% |
P
S
|
11,000 | $6,160,440 | 2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
FN
FABRINET
|
Technology | 1.77% | 3.12% |
#23
9
Prev: #14
|
0.7 |
—
|
-10,000 | -50.0% |
P
S
|
10,000 | $5,620,800 | 2023 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
ALRM
ALARM COM HLDGS...
|
Technology | 1.64% | 1.83% |
#24
3
Prev: #27
|
0.7 |
—
|
-30,503 | -21.5% |
P
S
|
111,197 | $5,195,124 | 2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
MDALF
MDA SPACE LTD
|
Industrials | 1.58% | 1.02% |
#25
6
Prev: #31
|
1.1 |
—
|
-12,500 | -9.3% |
P
S
|
121,600 | $5,021,626 | 2026 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
HQY
HEALTHEQUITY IN...
|
Healthcare | 1.35% | 1.27% |
#26
3
Prev: #29
|
1.0 |
—
|
-3,400 | -6.7% |
P
S
|
47,400 | $4,281,168 | 2025 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
HWKN
HAWKINS INC
|
Basic Materials | 1.34% | 2.75% |
#27
9
Prev: #18
|
0.5 |
—
|
-30,000 | -50.2% |
P
S
|
29,800 | $4,234,580 | 2024 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
CLH
CLEAN HARBORS I...
|
Industrials | 1.27% | 0.31% |
#28
14
Prev: #42
|
3.5 |
—
|
9,900 | 275.0% |
P
S
|
13,500 | $4,033,125 | 2026 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
TW
TRADEWEB MKTS I...
|
Financial Services | 1.24% | 1.87% |
#29
3
Prev: #26
|
0.5 |
—
|
-13,650 | -25.7% |
P
S
|
39,500 | $3,936,570 | 2024 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
GGG
GRACO INC
|
Industrials | 1.19% | 2.78% |
#30
13
Prev: #17
|
0.5 |
—
|
-60,000 | -54.5% |
P
S
|
50,000 | $3,780,500 | 2024 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
BELFB
BEL FUSE INC
|
Technology | 1.16% | — |
#31
Prev: #—
|
4.0 |
—
|
11,000 | — |
NEW
|
11,000 | $3,663,440 | 2026 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
KGS
KODIAK GAS SVCS...
|
Energy | 1.07% | — |
#32
Prev: #—
|
3.9 |
—
|
45,000 | — |
NEW
|
45,000 | $3,380,850 | 2026 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
HXL
HEXCEL CORP NEW
|
Industrials | 1.06% | 1.02% |
#33
3
Prev: #30
|
0.9 |
—
|
-8,290 | -19.7% |
P
S
|
33,710 | $3,373,023 | 2026 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
TRNS
TRANSCAT INC
|
Industrials | 0.94% | 0.88% |
#34
2
Prev: #32
|
0.9 |
—
|
-7,895 | -19.7% |
P
S
|
32,105 | $2,978,381 | 2024 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
SNEX
STONEX GROUP IN...
|
Financial Services | 0.90% | 0.72% |
#35
2
Prev: #33
|
0.9 |
—
|
-5,921 | -19.7% |
P
S
|
24,079 | $2,853,362 | 2026 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
WMS
ADVANCED DRAIN ...
|
Industrials | 0.89% | 0.44% |
#36
3
Prev: #39
|
3.4 |
—
|
7,100 | 65.7% |
P
S
|
17,900 | $2,809,584 | 2021 Q3 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
TTEK
TETRA TECH INC ...
|
Industrials | 0.84% | 0.64% |
#37
Prev: #37
|
2.8 |
—
|
20,300 | 28.4% |
P
S
|
91,800 | $2,652,102 | 2026 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
STVN
STEVANATO GROUP...
|
Healthcare | 0.80% | 0.72% |
#38
3
Prev: #35
|
0.8 |
—
|
-34,541 | -19.7% |
P
S
|
140,459 | $2,538,094 | 2024 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
UTI
UNIVERSAL TECHN...
|
Consumer Defensive | 0.73% | 0.72% |
#39
5
Prev: #34
|
0.8 |
—
|
-12,600 | -18.9% |
P
S
|
54,068 | $2,312,488 | 2025 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
ESE
ESCO TECHNOLOGI...
|
Technology | 0.55% | — |
#40
Prev: #—
|
3.7 |
—
|
5,000 | — |
NEW
|
5,000 | $1,750,200 | 2026 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
KNSL
KINSALE CAP GRO...
|
Financial Services | 0.49% | 0.46% |
#41
3
Prev: #38
|
2.2 |
—
|
300 | 6.7% |
P
S
|
4,757 | $1,568,906 | 2025 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
BMI
BADGER METER IN...
|
Technology | 0.48% | 0.33% |
#42
2
Prev: #40
|
2.7 |
—
|
3,000 | 41.1% |
P
S
|
10,300 | $1,528,314 | 2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
DOCS
DOXIMITY INC
|
Healthcare | 0.00% | 0.32% |
Sold All 😨
(Was: #41) |
0.0 |
—
|
-45,300 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
BRBR
BELLRING BRANDS...
|
Consumer Defensive | 0.00% | 0.67% |
Sold All 😨
(Was: #36) |
0.0 |
—
|
-140,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
TMDX
TRANSMEDICS GRO...
|
Healthcare | 0.00% | 2.34% |
Sold All 😨
(Was: #22) |
0.0 |
—
|
-78,739 | -100.0% |
CLOSED
|
— | $— | 2021 Q2 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
FCN
FTI CONSULTING ...
|
Industrials | 0.00% | 2.64% |
Sold All 😨
(Was: #19) |
0.0 |
—
|
-50,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q1 | 13F Filing | 2026-06-30 | 2026-08-12 | |||
|
TYL
TYLER TECHNOLOG...
|
Technology | 0.00% | 2.80% |
Sold All 😨
(Was: #16) |
0.0 |
—
|
-27,325 | -100.0% |
CLOSED
|
— | $— | 2020 Q4 | 13F Filing | 2026-06-30 | 2026-08-12 |
Showing 1-47 of 47 holdings