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
+12.52%
1 Year Est. Return
+12.52%
3 Year Est. Return
+37.38%
5 Year Est. Return
+44.93%
10 Year Est. Return
–
AUM
$532M
AUM Growth
-$36.9M
Cap. Flow
-$90M
Cap. Flow %
-16.94%
Top 10 Hldgs %
49.03%
Holding
45
New
–
Increased
10
Reduced
22
Closed
2

Top Buys

Rank Stock Value
1
SEDG icon
SolarEdge
SEDG
+$2.46M
2
SITM icon
SiTime
SITM
+$1.13M
3
BSY icon
Bentley Systems
BSY
+$925K
4
PCTY icon
Paylocity
PCTY
+$842K
5
ROL icon
Rollins
ROL
+$739K

Top Sells

Rank Stock Value
1
XPEL icon
XPEL
XPEL
+$8.86M
2
VEEV icon
Veeva Systems
VEEV
+$8.67M
3
ICLR icon
Icon
ICLR
+$8.31M
4
IEX icon
IDEX
IEX
+$6.86M
5
BMI icon
Badger Meter
BMI
+$6.41M

Sector Composition

Rank Sector Weight
1 Technology 38.1%
2 Healthcare 24.2%
3 Industrials 20.8%
4 Financials 6.55%
5 Materials 4.23%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CSW
26
CSW Industrials
CSW
$5.71B
$9.33M 1.76%
45,000
– –
ROL icon
27
Rollins
ROL
$18.2B
$8.8M 1.66%
201,500
+19,000
+10% +$739K
SITM icon
28
SiTime
SITM
$21.8B
$8.25M 1.55%
67,550
+10,000
+17% +$1.13M
AXON
29
Axon Enterprise
AXON
$46.4B
$8.05M 1.51%
31,150
– –
FN icon
30
Fabrinet
FN
$20.1B
$7.61M 1.43%
40,000
– –
PCTY icon
31
Paylocity
PCTY
$7.98B
$5.77M 1.09%
35,000
+5,000
+17% +$842K
FORM icon
32
FormFactor
FORM
$9.17B
$5.4M 1.02%
129,500
-1,000
-0.8% -$36.6K
FOXF icon
33
Fox Factory Holding Corp
FOXF
$886M
$3.71M 0.7%
55,000
+5,000
+10% +$365K
NRC icon
34
NRC Health Common Stock
NRC
$450M
$2.65M 0.5%
67,100
– –
PAYC icon
35
Paycom
PAYC
$9.69B
$2.44M 0.46%
11,800
+1,200
+11% +$254K
INMD icon
36
InMode
INMD
$880M
$2.34M 0.44%
105,250
– –
TTGT icon
37
TechTarget
TTGT
$278M
$2.09M 0.39%
60,000
– –
TMDX icon
38
Transmedics
TMDX
$2.91B
$564K 0.11%
7,150
– –
ZS icon
39
Zscaler
ZS
$27.3B
$222K 0.04%
1,000
-275
-22% -$50.9K
SWAV
40
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
$162K 0.03%
850
– –
AMBA icon
41
Ambarella
AMBA
$3.81B
$135K 0.03%
2,200
– –
MXCT icon
42
MaxCyte
MXCT
$126M
$130K 0.02%
29,000
– –
U icon
43
Unity
U
$18.9B
$123K 0.02%
3,000
– –
IDXX icon
44
Idexx Laboratories
IDXX
$46.2B
– –
-5,000
Closed -$2.19M
XPEL icon
45
XPEL
XPEL
$1.38B
– –
-114,850
Closed -$8.86M
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 Q4 2023 Portfolio in Review

As of Q4 2023, Montanaro Asset Management held 45 positions worth $532M, down 6.5% from $568M the previous quarter. Its ten largest holdings account for 49% of the portfolio.

Montanaro Asset Management withdrew a net $90M in Q4 2023, closing 2 positions and reducing 22 holdings. Its most notable exit was XPEL, an estimated $8.86M position sold in full.

By sector, the portfolio is most concentrated in Technology at 38% of assets, up from 37% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Montanaro Asset Management added an estimated $2.46M to SolarEdge.

  • Montanaro Asset Management added most to SolarEdge in Q4 2023, an estimated $2.46M increase.
  • Montanaro Asset Management's biggest Q4 2023 reduction was Veeva Systems, cutting an estimated $8.67M.
  • Montanaro Asset Management fully exited XPEL in Q4 2023, selling an estimated $8.86M.
  • Montanaro Asset Management's ten largest holdings make up 49% of its $532M portfolio in Q4 2023.
  • Montanaro Asset Management opened 0 new positions and closed 2 in Q4 2023.
  • Montanaro Asset Management's portfolio value fell 6.5% quarter-over-quarter to $532M.

Based on Montanaro Asset Management's 13F filing for Q4 2023, filed 9 Feb 2024.