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
-5.5%
1 Year Est. Return
+12.52%
3 Year Est. Return
+37.38%
5 Year Est. Return
+44.93%
10 Year Est. Return
–
AUM
$341M
AUM Growth
-$144M
Cap. Flow
-$114M
Cap. Flow %
-33.47%
Top 10 Hldgs %
44.47%
Holding
49
New
2
Increased
5
Reduced
32
Closed
3

Top Buys

Rank Stock Value
1
FSS icon
Federal Signal
FSS
+$1.64M
2
HQY icon
HealthEquity
HQY
+$1.57M
3
TMDX icon
Transmedics
TMDX
+$938K
4
BRBR icon
BellRing Brands
BRBR
+$734K
5
TW icon
Tradeweb Markets
TW
+$532K

Top Sells

Rank Stock Value
1
IEX icon
IDEX
IEX
+$9.42M
2
POWI icon
Power Integrations
POWI
+$8.66M
3
BMI icon
Badger Meter
BMI
+$6.88M
4
AWK icon
American Water Works
AWK
+$6.75M
5
ICLR icon
Icon
ICLR
+$6.65M

Sector Composition

Rank Sector Weight
1 Technology 36.59%
2 Industrials 18.87%
3 Healthcare 17.11%
4 Financials 7.8%
5 Consumer Staples 7.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PCTY icon
26
Paylocity
PCTY
$7.98B
$6.55M 1.92%
35,000
– –
MASI
27
DELISTED
Masimo
MASI
$5.38M 1.58%
32,300
-14,200
-31% -$2.46M
ENTG icon
28
Entegris
ENTG
$23.2B
$4.86M 1.43%
55,580
-37,020
-40% -$3.73M
CGNX icon
29
Cognex
CGNX
$11.3B
$4.18M 1.23%
140,202
-92,548
-40% -$3.26M
WMS icon
30
Advanced Drainage Systems
WMS
$10.9B
$4.13M 1.21%
38,000
-29,700
-44% -$3.46M
PAYC icon
31
Paycom
PAYC
$9.69B
$4.12M 1.21%
18,835
+1,910
+11% +$403K
BMI icon
32
Badger Meter
BMI
$4.03B
$3.9M 1.14%
20,500
-32,950
-62% -$6.88M
STVN icon
33
Stevanato
STVN
$5.54B
$3.57M 1.05%
175,000
-4,800
-3% -$102K
ERII icon
34
Energy Recovery
ERII
$443M
$3.44M 1.01%
216,700
-205,700
-49% -$3.13M
FORM icon
35
FormFactor
FORM
$9.17B
$3.24M 0.95%
114,501
-660
-0.6% -$24.3K
TRNS icon
36
Transcat
TRNS
$871M
$2.98M 0.87%
40,000
– –
POWI icon
37
Power Integrations
POWI
$3.61B
$2.27M 0.67%
45,000
-144,654
-76% -$8.66M
OLED icon
38
Universal Display
OLED
$4.19B
$2.23M 0.65%
15,995
-22,265
-58% -$3.33M
HWKN icon
39
Hawkins
HWKN
$2.71B
$1.59M 0.47%
15,000
– –
FSS icon
40
Federal Signal
FSS
$7.83B
$1.35M 0.4%
+18,400
New +$1.64M
HQY icon
41
HealthEquity
HQY
$8.75B
$1.35M 0.4%
+15,300
New +$1.57M
AXON
42
Axon Enterprise
AXON
$46.4B
$226K 0.07%
430
-270
-39% -$158K
GLOB icon
43
Globant
GLOB
$1.61B
$138K 0.04%
1,170
-305
-21% -$54.7K
P
44
Everpure Inc
P
$29.9B
$114K 0.03%
2,570
-1,095
-30% -$66.1K
ZS icon
45
Zscaler
ZS
$27.3B
$99.2K 0.03%
500
-300
-38% -$59.8K
AEHR icon
46
Aehr Test Systems
AEHR
$3.36B
$35.4K 0.01%
4,850
– –
FOXF icon
47
Fox Factory Holding Corp
FOXF
$886M
– –
-55,000
Closed -$1.66M
ICLR icon
48
Icon
ICLR
$12.7B
– –
-31,700
Closed -$6.65M
IEX icon
49
IDEX
IEX
$17.3B
– –
-45,000
Closed -$9.42M
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 2025 Portfolio in Review

As of Q1 2025, Montanaro Asset Management held 49 positions worth $341M, down 30% from $484M the previous quarter. Its ten largest holdings account for 44% of the portfolio.

Montanaro Asset Management withdrew a net $114M in Q1 2025, closing 3 positions and reducing 32 holdings. Its most notable exit was IDEX, an estimated $9.42M position sold in full.

By sector, the portfolio is most concentrated in Technology at 37% of assets, down from 40% a quarter earlier, followed by Industrials and Healthcare.

Against the trend, Montanaro Asset Management opened a new position in Federal Signal worth $1.35M.

  • Montanaro Asset Management's largest Q1 2025 buy was Federal Signal: 18,400 shares worth $1.35M.
  • Montanaro Asset Management added most to Transmedics in Q1 2025, an estimated $938K increase.
  • Montanaro Asset Management's biggest Q1 2025 reduction was Power Integrations, cutting an estimated $8.66M.
  • Montanaro Asset Management fully exited IDEX in Q1 2025, selling an estimated $9.42M.
  • Montanaro Asset Management's ten largest holdings make up 44% of its $341M portfolio in Q1 2025.
  • Montanaro Asset Management opened 2 new positions and closed 3 in Q1 2025.
  • Montanaro Asset Management's portfolio value fell 30% quarter-over-quarter to $341M.

Based on Montanaro Asset Management's 13F filing for Q1 2025, filed 13 May 2025.