We are live on ! Find out more
MAM

Montanaro Asset Management Portfolio holdings

AUM $334M
1-Year Est. Return 12.52%
This Fund
S&P 500
This Quarter Est. Return
+13.05%
1 Year Est. Return
+12.52%
3 Year Est. Return
+37.38%
5 Year Est. Return
+44.93%
10 Year Est. Return
–
AUM
$644M
AUM Growth
+$29.6M
Cap. Flow
-$38M
Cap. Flow %
-5.9%
Top 10 Hldgs %
48.79%
Holding
47
New
–
Increased
18
Reduced
12
Closed
2

Top Buys

Rank Stock Value
1
IDXX icon
Idexx Laboratories
IDXX
+$3.95M
2
POWI icon
Power Integrations
POWI
+$3.74M
3
MASI
Masimo
MASI
+$2.53M
4
WMS icon
Advanced Drainage Systems
WMS
+$2.42M
5
BSY icon
Bentley Systems
BSY
+$1.86M

Top Sells

Rank Stock Value
1
ZS icon
Zscaler
ZS
+$14.6M
2
AMRC icon
Ameresco
AMRC
+$11.9M
3
ANSS
Ansys
ANSS
+$8.18M
4
IEX icon
IDEX
IEX
+$6.58M
5
SEDG icon
SolarEdge
SEDG
+$5.71M

Sector Composition

Rank Sector Weight
1 Technology 35.08%
2 Healthcare 31.1%
3 Industrials 19.03%
4 Financials 5.54%
5 Materials 3.35%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EXPO icon
26
Exponent
EXPO
$3.24B
$7.98M 1.24%
80,000
– –
XPEL icon
27
XPEL
XPEL
$1.38B
$7.06M 1.1%
103,850
+1,000
+1% +$70.6K
AXON
28
Axon Enterprise
AXON
$46.4B
$7M 1.09%
31,150
– –
FOXF icon
29
Fox Factory Holding Corp
FOXF
$886M
$6.07M 0.94%
50,000
– –
PCTY icon
30
Paylocity
PCTY
$7.98B
$5.96M 0.93%
30,000
– –
ROL icon
31
Rollins
ROL
$18.2B
$5.63M 0.87%
150,000
+20,000
+15% +$721K
CSW
32
CSW Industrials
CSW
$5.71B
$5.56M 0.86%
40,000
– –
BSY icon
33
Bentley Systems
BSY
$10.6B
$4.25M 0.66%
98,750
+46,750
+90% +$1.86M
FORM icon
34
FormFactor
FORM
$9.17B
$4.16M 0.65%
130,500
– –
INMD icon
35
InMode
INMD
$880M
$3.38M 0.52%
105,750
– –
NRC icon
36
NRC Health Common Stock
NRC
$450M
$2.92M 0.45%
67,100
– –
TTGT icon
37
TechTarget
TTGT
$278M
$2.28M 0.35%
63,150
– –
PAYC icon
38
Paycom
PAYC
$9.69B
$2.01M 0.31%
6,600
+500
+8% +$150K
APPS icon
39
Digital Turbine
APPS
$1.74B
$816K 0.13%
66,000
– –
TMDX icon
40
Transmedics
TMDX
$2.91B
$625K 0.1%
8,250
-1,750
-18% -$121K
SWAV
41
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
$233K 0.04%
1,075
– –
ZS icon
42
Zscaler
ZS
$27.3B
$187K 0.03%
1,600
-122,000
-99% -$14.6M
AMBA icon
43
Ambarella
AMBA
$3.81B
$170K 0.03%
2,200
– –
MXCT icon
44
MaxCyte
MXCT
$126M
$139K 0.02%
29,000
-900,000
-97% -$4.43M
U icon
45
Unity
U
$18.9B
$97.3K 0.02%
3,000
-1,250
-29% -$40.2K
AMRC icon
46
Ameresco
AMRC
$1.36B
– –
-209,000
Closed -$11.9M
KRNT icon
47
Kornit Digital
KRNT
$791M
– –
-37,100
Closed -$852K
1
2

Similar funds

PHWM
Pine Harbor Wealth Management Silver Spring, Maryland $334M AUM 14.59% 1-Year Est. Return
HGA
Hobbs Group Advisors Columbia, South Carolina $334M AUM 18.64% 1-Year Est. Return
PCM
Passive Capital Management Baltimore, Maryland $335M AUM 12.6% 1-Year Est. Return
WHGC
Wealth High Governance Capital Sao Paulo, Brazil $333M AUM 125.87% 1-Year Est. Return
HFS
Haverford Financial Services Radnor, Pennsylvania $336M AUM 20.46% 1-Year Est. Return
HAC
Harbor Advisory Corp Portsmouth, New Hampshire $333M AUM 20.54% 1-Year Est. Return
MA
MSA Advisors Santa Monica, California $333M AUM 8.79% 1-Year Est. Return
LA
LFL Advisers Evanston, Illinois $332M AUM 20.17% 1-Year Est. Return

Montanaro Asset Management's Q1 2023 Portfolio in Review

As of Q1 2023, Montanaro Asset Management held 47 positions worth $644M, up 4.8% from $614M the previous quarter. Its ten largest holdings account for 49% of the portfolio.

Montanaro Asset Management withdrew a net $38M in Q1 2023, closing 2 positions and reducing 12 holdings. Its most notable exit was Ameresco, an estimated $11.9M position sold in full.

By sector, the portfolio is most concentrated in Technology at 35% of assets, down from 35% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Montanaro Asset Management added an estimated $3.95M to Idexx Laboratories.

  • Montanaro Asset Management added most to Idexx Laboratories in Q1 2023, an estimated $3.95M increase.
  • Montanaro Asset Management's biggest Q1 2023 reduction was Zscaler, cutting an estimated $14.6M.
  • Montanaro Asset Management fully exited Ameresco in Q1 2023, selling an estimated $11.9M.
  • Montanaro Asset Management's ten largest holdings make up 49% of its $644M portfolio in Q1 2023.
  • Montanaro Asset Management opened 0 new positions and closed 2 in Q1 2023.
  • Montanaro Asset Management's portfolio value rose 4.8% quarter-over-quarter to $644M.

Based on Montanaro Asset Management's 13F filing for Q1 2023, filed 18 Apr 2023.