Conestoga Capital Advisors 13F annual report
Conestoga Capital Advisors is an investment fund managing more than $6.67 trillion ran by Robert Mitchell. There are currently 129 companies in Mr. Mitchell’s portfolio. The largest investments include Casella Waste Sys Inc and Descartes Sys Group Inc, together worth $638 billion.
$6.67 trillion Assets Under Management (AUM)
As of 19th July 2024, Conestoga Capital Advisors’s top holding is 3,386,970 shares of Casella Waste Sys Inc currently worth over $336 billion and making up 5.0% of the portfolio value.
In addition, the fund holds 3,116,109 shares of Descartes Sys Group Inc worth $302 billion.
The third-largest holding is Exponent worth $263 billion and the next is Altair Engr Inc worth $244 billion, with 2,488,566 shares owned.
Currently, Conestoga Capital Advisors's portfolio is worth at least $6.67 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Conestoga Capital Advisors
The Conestoga Capital Advisors office and employees reside in Wayne, Pennsylvania. According to the last 13-F report filed with the SEC, Robert Mitchell serves as the Chief Investment Officer at Conestoga Capital Advisors.
Recent trades
In the most recent 13F filing, Conestoga Capital Advisors revealed that it had opened a new position in
SPX Technologies Inc and bought 359,295 shares worth $51.1 billion.
This means they effectively own approximately 0.1% of the company.
SPX Technologies Inc makes up
2.5%
of the fund's Industrials sector allocation and has grown its share price by 82.1% in the past year.
The investment fund also strengthened its position in Casella Waste Sys Inc by buying
101,995 additional shares.
This makes their stake in Casella Waste Sys Inc total 3,386,970 shares worth $336 billion.
On the other hand, there are companies that Conestoga Capital Advisors is getting rid of from its portfolio.
Conestoga Capital Advisors closed its position in Model N Inc on 26th July 2024.
It sold the previously owned 3,855,355 shares for $110 billion.
Robert Mitchell also disclosed a decreased stake in AAON by 0.2%.
This leaves the value of the investment at $182 billion and 2,086,127 shares.
One of the largest hedge funds
The two most similar investment funds to Conestoga Capital Advisors are Comgest Global Investors S.a.s and Prime Capital Investment Advisors. They manage $6.66 trillion and $6.63 trillion respectively.
Robert Mitchell investment strategy
Conestoga Capital Advisors’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Industrials — making up 30.1% of
the total portfolio value.
The fund focuses on investments in the United States as
63.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
29% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $98.3 billion.
The complete list of Conestoga Capital Advisors trades based on 13F SEC filings
These positions were updated on July 26th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Casella Waste Sys Inc |
3.10%
3,386,970
|
$336,055,163,000 | 5.04% |
| Descartes Sys Group Inc |
2.19%
3,116,109
|
$301,763,996,000 | 4.52% |
| Exponent Inc. |
2.82%
2,763,260
|
$262,841,312,000 | 3.94% |
| Altair Engr Inc |
1.99%
2,488,566
|
$244,078,553,000 | 3.66% |
| Simpson Mfg Inc |
1.40%
1,397,677
|
$235,550,586,000 | 3.53% |
| Sps Comm Inc |
2.42%
1,227,411
|
$230,949,654,000 | 3.46% |
| Construction Partners Inc |
2.99%
4,135,202
|
$228,304,502,000 | 3.42% |
| FirstService Corp |
3.20%
1,426,851
|
$217,409,335,000 | 3.26% |
| Novanta Inc |
2.41%
1,329,826
|
$216,907,919,000 | 3.25% |
| RBC Bearings Inc. |
3.48%
728,467
|
$196,525,827,000 | 2.95% |
| Merit Med Sys Inc |
3.49%
2,250,368
|
$193,419,130,000 | 2.90% |
| AAON Inc. |
18.96%
2,086,127
|
$181,993,693,000 | 2.73% |
| Balchem Corp. |
2.65%
1,155,209
|
$177,844,352,000 | 2.67% |
| Lemaitre Vascular Inc |
0.44%
1,941,501
|
$159,746,740,000 | 2.39% |
| CSW Industrials Inc |
2.70%
567,256
|
$150,498,785,000 | 2.26% |
| TREX Co., Inc. |
3.16%
1,973,668
|
$146,288,272,000 | 2.19% |
| SiteOne Landscape Supply Inc |
2.54%
1,141,624
|
$138,604,570,000 | 2.08% |
| Q2 Holdings Inc |
2.48%
2,273,894
|
$137,184,025,000 | 2.06% |
| Stevanato Group S.p.A. |
7.33%
7,275,823
|
$133,438,591,000 | 2.00% |
| Clearwater Analytics Hldgs I |
2.54%
6,671,247
|
$123,551,494,000 | 1.85% |
| Repligen Corp. |
26.66%
946,877
|
$119,363,315,000 | 1.79% |
| Federal Signal Corp. |
0.17%
1,353,878
|
$113,279,009,000 | 1.70% |
| Simulations Plus Inc. |
0.00%
2,263,664
|
$110,059,330,000 | 1.65% |
| Model N Inc |
Closed
3,855,355
|
$109,761,957,000 | |
| Neogen Corp. |
1.89%
6,994,986
|
$109,331,632,000 | 1.64% |
| Esco Technologies, Inc. |
0.31%
1,029,065
|
$108,092,999,000 | 1.62% |
| Vertex Inc |
0.04%
2,805,785
|
$101,148,549,000 | 1.52% |
| Helios Technologies, Inc. |
0.11%
2,008,286
|
$95,895,670,000 | 1.44% |
| Vericel Corp |
12.44%
2,041,370
|
$93,658,056,000 | 1.40% |
| Pros Holdings Inc |
0.24%
3,263,974
|
$93,512,855,000 | 1.40% |
| Transcat Inc |
0.28%
769,361
|
$92,077,124,000 | 1.38% |
| John Bean Technologies Corp |
2.70%
951,534
|
$90,367,213,000 | 1.35% |
| Ccc Intelligent Solutions Hl |
26.93%
8,009,885
|
$88,989,822,000 | 1.33% |
| Paycor Hcm Inc |
2.77%
6,841,396
|
$86,885,729,000 | 1.30% |
| Workiva Inc |
2.79%
1,188,445
|
$86,744,601,000 | 1.30% |
| Hillman Solutions Corp |
3.54%
9,618,653
|
$85,125,079,000 | 1.28% |
| Digi International, Inc. |
0.01%
3,618,030
|
$82,961,428,000 | 1.24% |
| WD-40 Co. |
0.03%
316,379
|
$69,489,417,000 | 1.04% |
| BlackLine Inc |
0.10%
1,408,955
|
$68,263,870,000 | 1.02% |
| Azenta Inc |
0.01%
1,283,239
|
$67,524,037,000 | 1.01% |
| MSA Safety Inc |
219.82%
306,943
|
$57,610,132,000 | 0.86% |
| Fox Factory Hldg Corp |
0.03%
1,132,449
|
$54,572,717,000 | 0.82% |
| SPX Technologies Inc |
Opened
359,295
|
$51,070,191,000 | 0.77% |
| Mesa Labs Inc |
1.40%
572,615
|
$49,685,847,000 | 0.74% |
| Rollins, Inc. |
17.37%
1,002,275
|
$48,900,997,000 | 0.73% |
| Definitive Healthcare Corp |
Closed
5,595,627
|
$45,156,710,000 | |
| Watsco Inc. |
18.02%
95,709
|
$44,336,237,000 | 0.66% |
| Tyler Technologies, Inc. |
17.83%
87,341
|
$43,913,308,000 | 0.66% |
| Heico Corp. |
18.42%
217,608
|
$38,629,772,000 | 0.58% |
| Mercury Sys Inc |
3.09%
1,308,965
|
$35,328,965,000 | 0.53% |
| Axon Enterprise Inc |
17.88%
118,718
|
$34,931,584,000 | 0.52% |
| Graco Inc. |
17.07%
421,754
|
$33,436,657,000 | 0.50% |
| Guidewire Software Inc |
16.79%
233,197
|
$32,155,534,000 | 0.48% |
| Fair Isaac Corp. |
18.55%
21,107
|
$31,421,147,000 | 0.47% |
| Henry Jack Assoc Inc |
15.96%
183,412
|
$30,450,060,000 | 0.46% |
| Ul Solutions Inc |
Opened
692,791
|
$29,228,848,000 | 0.44% |
| Pool Corporation |
16.09%
93,845
|
$28,841,384,000 | 0.43% |
| Bright Horizons Fam Sol In D |
18.79%
234,862
|
$25,853,609,000 | 0.39% |
| Bio-Techne Corp |
17.71%
311,037
|
$22,285,801,000 | 0.33% |
| Generac Holdings Inc |
17.41%
153,999
|
$20,361,748,000 | 0.31% |
| Vail Resorts Inc. |
16.66%
93,894
|
$16,913,126,000 | 0.25% |
| Agilysys, Inc |
Opened
158,878
|
$16,545,555,000 | 0.25% |
| Teleflex Incorporated |
18.48%
73,829
|
$15,528,454,000 | 0.23% |
| Cognex Corp. |
15.00%
321,549
|
$15,035,631,000 | 0.23% |
| Evi Inds Inc |
18.31%
765,651
|
$14,486,117,000 | 0.22% |
| Gartner, Inc. |
16.82%
30,893
|
$13,872,811,000 | 0.21% |
| West Pharmaceutical Svsc Inc |
17.08%
41,817
|
$13,774,102,000 | 0.21% |
| Lci Inds |
16.07%
128,896
|
$13,325,268,000 | 0.20% |
| Five9 Inc |
14.77%
166,238
|
$7,331,096,000 | 0.11% |
| Omega Flex Inc |
86.01%
41,700
|
$2,138,362,000 | 0.03% |
| Palomar Holdings, Inc. |
9.42%
24,825
|
$2,014,549,000 | 0.03% |
| Montrose Environmental Group, Inc. |
0.36%
41,550
|
$1,851,468,000 | 0.03% |
| Phreesia Inc |
No change
78,085
|
$1,655,402,000 | 0.02% |
| Willdan Group Inc |
0.38%
55,613
|
$1,604,435,000 | 0.02% |
| Tecsys Inc Com |
0.37%
63,930
|
$1,595,693,000 | 0.02% |
| Verisk Analytics Inc |
0.60%
5,765
|
$1,553,956,000 | 0.02% |
| i3 Verticals Inc |
0.31%
70,002
|
$1,545,644,000 | 0.02% |
| NV5 Global Inc |
0.38%
15,738
|
$1,463,162,000 | 0.02% |
| Biolife Solutions Inc |
0.37%
65,237
|
$1,398,029,000 | 0.02% |
| OrthoPediatrics corp |
0.37%
48,473
|
$1,394,083,000 | 0.02% |
| U.S. Physical Therapy, Inc. |
0.33%
15,025
|
$1,388,610,000 | 0.02% |
| Olo Inc |
30.59%
310,310
|
$1,371,570,000 | 0.02% |
| Copart, Inc. |
1.58%
25,263
|
$1,368,244,000 | 0.02% |
| Costco Whsl Corp New |
23.17%
1,525
|
$1,296,235,000 | 0.02% |
| Ansys Inc. |
12.88%
3,842
|
$1,235,203,000 | 0.02% |
| Bowman Consulting Group Ltd |
31.05%
38,725
|
$1,231,068,000 | 0.02% |
| Universal Technical Inst Inc |
Opened
77,790
|
$1,223,637,000 | 0.02% |
| Iradimed Corp |
0.36%
27,555
|
$1,210,767,000 | 0.02% |
| Energy Recovery Inc |
Opened
89,695
|
$1,192,047,000 | 0.02% |
| Microsoft Corporation |
6.89%
2,662
|
$1,189,781,000 | 0.02% |
| Costar Group, Inc. |
0.42%
15,590
|
$1,155,843,000 | 0.02% |
| Roper Technologies Inc |
5.61%
2,019
|
$1,138,030,000 | 0.02% |
| National Resh Corp |
93.93%
47,655
|
$1,093,692,000 | 0.02% |
| Waste Connections Inc |
1.49%
6,161
|
$1,080,393,000 | 0.02% |
| SoundThinking Inc |
0.36%
75,360
|
$917,885,000 | 0.01% |
| Sp Global Inc |
24.13%
2,050
|
$914,293,000 | 0.01% |
| Tractor Supply Co. |
22.98%
3,234
|
$873,180,000 | 0.01% |
| Idexx Labs Inc |
0.87%
1,714
|
$835,061,000 | 0.01% |
| Fortinet Inc |
10.40%
13,834
|
$833,775,000 | 0.01% |
| Thunderbird Entertainment Grou |
0.36%
616,795
|
$777,162,000 | 0.01% |
| Alphabet Inc |
13.53%
6,840
|
$1,249,220,000 | 0.02% |
| Fastenal Co. |
24.87%
12,085
|
$759,421,000 | 0.01% |
| Planet Labs Pbc |
0.38%
398,100
|
$740,466,000 | 0.01% |
| Exxon Mobil Corp. |
9.88%
6,109
|
$703,268,000 | 0.01% |
| Linde Plc. |
31.93%
1,535
|
$673,573,000 | 0.01% |
| Xylem Inc |
16.14%
4,894
|
$663,773,000 | 0.01% |
| Alpha Teknova Inc |
81.60%
453,899
|
$621,842,000 | 0.01% |
| Apple Inc |
42.66%
2,930
|
$617,117,000 | 0.01% |
| Factset Resh Sys Inc |
0.87%
1,474
|
$601,790,000 | 0.01% |
| Intuit Inc |
30.68%
915
|
$601,347,000 | 0.01% |
| Veeva Sys Inc |
0.62%
3,209
|
$587,279,000 | 0.01% |
| Steris Plc |
0.87%
2,631
|
$577,610,000 | 0.01% |
| Markel Group Inc |
26.37%
335
|
$527,846,000 | 0.01% |
| CryoPort Inc |
0.36%
71,157
|
$491,695,000 | 0.01% |
| Berkshire Hathaway Inc. |
6.88%
1,165
|
$473,922,000 | 0.01% |
| Mastercard Incorporated |
4.98%
1,055
|
$465,424,000 | 0.01% |
| Mettler-Toledo International, Inc. |
0.62%
323
|
$451,422,000 | 0.01% |
| NVIDIA Corp |
900.00%
3,500
|
$432,390,000 | 0.01% |
| Jpmorgan Chase Co |
Closed
2,066
|
$413,820,000 | |
| Johnson Johnson |
13.38%
2,460
|
$359,554,000 | 0.01% |
| Merck Co Inc |
Closed
2,500
|
$329,875,000 | |
| Align Technology, Inc. |
14.61%
1,344
|
$324,482,000 | 0.00% |
| AMGEN Inc. |
Closed
1,130
|
$321,282,000 | |
| Bentley Sys Inc |
0.31%
6,350
|
$313,436,000 | 0.00% |
| Adobe Inc |
Closed
580
|
$292,668,000 | |
| Smucker J M Co |
26.54%
2,380
|
$259,515,000 | 0.00% |
| Essential Utils Inc |
46.99%
6,937
|
$258,958,000 | 0.00% |
| Pepsico Inc |
7.24%
1,555
|
$256,466,000 | 0.00% |
| Danaher Corp. |
12.15%
1,015
|
$253,598,000 | 0.00% |
| Pnc Finl Svcs Group Inc |
Opened
1,600
|
$248,768,000 | 0.00% |
| Home Depot, Inc. |
45.64%
655
|
$225,477,000 | 0.00% |
| Garmin Ltd |
48.69%
1,370
|
$223,200,000 | 0.00% |
| Illinois Tool Wks Inc |
5.21%
910
|
$215,634,000 | 0.00% |
| Procore Technologies, Inc. |
0.48%
3,125
|
$207,219,000 | 0.00% |
| Nike, Inc. |
6.29%
2,705
|
$203,876,000 | 0.00% |
| Lightspeed Commerce Inc |
Closed
10,039
|
$141,148,000 | |
| No transactions found | |||
| Showing first 500 out of 136 holdings | |||
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