Conestoga Capital Advisors, LLC — 13F Holdings & Portfolio

CIK 1163744 · latest 13F-HR filed 2026-07-24

Conestoga Capital Advisors, LLC manages $4.60B in 13F-reported U.S. long-equity assets across 109 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are CWST (4.93%), RBC (4.59%), NOVT (4.30%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 12 new positions, exited 17, added to 34, and trimmed 43.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
550 E. SWEDESFORD ROAD
SUITE 120
WAYNE, PA 19087
Phone
(484) 654-1380
Filing Manager
Conestoga Capital Advisors, LLC
WAYNE, PA
Signatory
Robert M. Mitchell
Chief Investment Officer
Loading holdings…
AUM

$4.60B

Long-equity book

Holdings

109

Distinct positions

Period

2026-06-30

Filed 2026-07-24

Q/Q Activity

+12 / −17 / ↑34 / ↓43

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • MERCURY SYS INC$42.0M +30.1%
  • NOVANTA INC$26.4M +15.4%
  • AAON INC$23.8M +22.6%
  • LEGENCE CORP$19.7M +83.9%
  • DIGI INTL INC$18.4M +12.7%
Show all 34

Top Trims

  • BRIGHT HORIZONS FAM SOL IN D-$74.7M -70.3%
  • EXPONENT INC-$50.0M -40.2%
  • SITEONE LANDSCAPE SUPPLY INC-$37.4M -25.4%
  • LEMAITRE VASCULAR INC-$30.0M -18.6%
  • BALCHEM CORP-$28.3M -13.3%
Show all 43

New Positions

  • KODIAK GAS SVCS INC$48.5M
  • KNOWLES CORP$38.7M
  • MATADOR RES CO$25.1M
  • MAGNOLIA OIL & GAS CORP$23.9M
  • PERIMETER SOLUTIONS INC$19.1M
Show all 12

Exited Positions

  • BLACKLINE INC$62.4M
  • AZENTA INC$60.1M
  • CCC INTELLIGENT SOLUTIONS HL$31.4M
  • BADGER METER INC$18.7M
  • CLEARWATER ANALYTICS HLDGS I$15.0M
Show all 17
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 CASELLA WASTE SYS INC CWST 147448104 $226.5M 4.93% 2,336,156 SH
2 RBC BEARINGS INC RBC 75524B104 $210.9M 4.59% 327,489 SH
3 NOVANTA INC NOVT 67000B104 $197.6M 4.30% 1,217,963 SH
4 BALCHEM CORP BCPC 057665200 $183.8M 4.00% 1,087,871 SH
5 MERCURY SYS INC MRCY 589378108 $181.9M 3.96% 1,487,191 SH
6 FIRSTSERVICE CORP NEW FSV 33767E202 $172.9M 3.76% 1,216,997 SH
7 DIGI INTL INC DGII 253798102 $163.2M 3.55% 2,177,359 SH
8 CONSTRUCTION PARTNERS INC ROAD 21044C107 $161.4M 3.51% 1,358,962 SH
9 ESCO TECHNOLOGIES INC ESE 296315104 $156.5M 3.40% 447,077 SH
10 MERIT MED SYS INC MMSI 589889104 $137.3M 2.99% 1,979,790 SH
11 SPX TECHNOLOGIES INC SPXC 78473E103 $134.2M 2.92% 547,175 SH
12 REPLIGEN CORP RGEN 759916109 $133.8M 2.91% 980,983 SH
13 CSW INDUSTRIALS INC CSW 126402106 $131.3M 2.86% 471,727 SH
14 LEMAITRE VASCULAR INC LMAT 525558201 $131.2M 2.85% 1,367,513 SH
15 DESCARTES SYS GROUP INC DSGX 249906108 $129.1M 2.81% 1,864,851 SH
16 AAON INC AAON 000360206 $128.9M 2.80% 1,015,825 SH
17 STEVANATO GROUP S P A STVN T9224W109 $126.6M 2.75% 7,007,613 SH
18 SITEONE LANDSCAPE SUPPLY INC SITE 82982L103 $109.9M 2.39% 960,286 SH
19 MSA SAFETY INC MSA 553498106 $96.8M 2.11% 554,574 SH
20 HELIOS TECHNOLOGIES INC HLIO 42328H109 $96.8M 2.11% 1,084,345 SH
21 VERICEL CORP VCEL 92346J108 $92.7M 2.02% 2,083,832 SH
22 FEDERAL SIGNAL CORP FSS 313855108 $92.1M 2.00% 716,591 SH
23 UL SOLUTIONS INC ULS 903731107 $83.5M 1.82% 819,373 SH
24 SIMPSON MFG INC SSD 829073105 $79.0M 1.72% 377,341 SH
25 EXPONENT INC EXPO 30214U102 $74.4M 1.62% 1,265,704 SH
26 Q2 HLDGS INC QTWO 74736L109 $67.0M 1.46% 1,393,275 SH
27 UNIVERSAL TECHNICAL INST INC UTI 913915104 $50.5M 1.10% 1,181,460 SH
28 AGILYSYS INC AGYS 00847J105 $49.8M 1.08% 476,554 SH
29 KODIAK GAS SVCS INC KGS 50012A108 $48.5M 1.06% 646,145 SH
30 KADANT INC KAI 48282T104 $47.2M 1.03% 150,265 SH
31 LEGENCE CORP LGN 52476L109 $43.2M 0.94% 506,578 SH
32 TRANSCAT INC TRNS 893529107 $41.7M 0.91% 449,557 SH
33 ROLLINS INC ROL 775711104 $41.4M 0.90% 991,591 SH
34 WEST PHARMACEUTICAL SVSC INC WST 955306105 $40.0M 0.87% 111,294 SH
35 KARMAN HLDGS INC KRMN 485924104 $39.9M 0.87% 798,496 SH
36 KNOWLES CORP KN 49926D109 $38.7M 0.84% 932,049 SH
37 ARTIVION INC AORT 228903100 $36.5M 0.79% 1,623,700 SH
38 HEICO CORP NEW HEI.A 422806208 $34.8M 0.76% 134,747 SH
39 NCINO INC NCNO 63947X101 $34.7M 0.75% 2,120,465 SH
40 WATSCO INC WSO 942622200 $33.7M 0.73% 80,975 SH
41 BRIGHT HORIZONS FAM SOL IN D BFAM 109194100 $31.5M 0.69% 444,997 SH
42 WD 40 CO WDFC 929236107 $30.7M 0.67% 126,199 SH
43 ENPRO INC NPO 29355X107 $29.9M 0.65% 79,390 SH
44 HENRY JACK & ASSOC INC JKHY 426281101 $27.7M 0.60% 200,836 SH
45 GUIDEWIRE SOFTWARE INC GWRE 40171V100 $27.6M 0.60% 224,372 SH
46 TYLER TECHNOLOGIES INC TYL 902252105 $27.5M 0.60% 94,018 SH
47 GRACO INC GGG 384109104 $26.4M 0.58% 349,644 SH
48 MATADOR RES CO MTDR 576485205 $25.1M 0.55% 503,990 SH
49 MAGNOLIA OIL & GAS CORP MGY 559663109 $23.9M 0.52% 935,605 SH
50 JBT MAREL CORPORATION JBTM 477839104 $23.2M 0.50% 159,760 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-24 $4.60B 109 0001163744-26-000020
2026-03-31 2026-04-24 $5.01B 114 0001163744-26-000019
2025-12-31 2026-02-02 $5.94B 121 0001163744-26-000017