AI Portfolio Summary
In 2025 Q4, Montanaro Asset Management Ltd maintained a portfolio of 43 distinct positions. The most significant new addition to the portfolio was UNIVERSAL TECHNICAL , which now represents 0.32% of the total fund value. They heavily accumulated shares in ROLLINS INC, increasing their position by 2.7%. Conversely, Montanaro Asset Management Ltd completely exited their position in MASIMO CORP.
Total Positions
43
Quarter
2025 Q4
Top Holding
NVMI (5.8%)
Top 10 Concentration
46.3%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-43 of 43
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NVMI
NOVA LTD
|
Technology | 5.82% | 5.88% |
#1
1
Prev: #2
|
4.8 | -10,050 | -13.6% |
P
S
|
63,630 | $20,895,456 |
$105.03
+230.7%
|
2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
TECH
BIO-TECHNE CORP
|
Healthcare | 5.68% | 5.03% |
#2
2
Prev: #4
|
4.3 | -15,600 | -4.3% |
P
S
|
346,450 | $20,374,725 |
$78.98
-24.6%
|
2021 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
ROL
ROLLINS INC
|
Consumer Cyclical | 5.10% | 4.36% |
#3
5
Prev: #8
|
3.5 | 8,000 | 2.7% |
P
S
|
305,000 | $18,306,100 |
$41.92
+40.4%
|
2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
BSY
BENTLEY SYS INC
|
Technology | 4.91% | 5.93% |
#4
3
Prev: #1
|
3.0 | 509 | 0.1% |
P
S
|
461,409 | $17,609,674 | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HLI
HOULIHAN LOKEY ...
|
Financial Services | 4.74% | 4.56% |
#5
2
Prev: #7
|
4.4 | 8,650 | 9.7% |
P
S
|
97,650 | $17,009,654 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MANH
MANHATTAN ASSOC...
|
Technology | 4.58% | 4.72% |
#6
Prev: #6
|
2.3 | 2,750 | 3.0% |
P
S
|
94,910 | $16,448,852 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BCPC
BALCHEM CORP
|
Basic Materials | 4.33% | 2.95% |
#7
8
Prev: #15
|
4.2 | 22,600 | 28.7% |
P
S
|
101,300 | $15,535,368 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TYL
TYLER TECHNOLOG...
|
Technology | 3.83% | 5.30% |
#8
5
Prev: #3
|
1.5 | -10,300 | -25.4% |
P
S
|
30,275 | $13,743,336 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CSWI
CSW INDUSTRIALS...
|
Unknown | 3.78% | 2.42% |
#9
9
Prev: #18
|
3.5 | 6,200 | 15.5% |
P
S
|
46,200 | $13,561,086 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FN
FABRINET
|
Technology | 3.49% | 3.01% |
#10
3
Prev: #13
|
1.9 | -5,500 | -16.7% |
P
S
|
27,500 | $12,520,200 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TMDX
TRANSMEDICS GRO...
|
Healthcare | 3.46% | 3.66% |
#11
1
Prev: #10
|
1.4 | -28,647 | -21.9% |
P
S
|
101,939 | $12,400,879 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SITM
SITIME CORP
|
Technology | 3.44% | 2.63% |
#12
5
Prev: #17
|
2.4 | no change | no change |
P
S
|
35,000 | $12,361,650 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AWK
AMERICAN WTR WK...
|
Utilities | 3.28% | 3.39% |
#13
2
Prev: #11
|
1.8 | -7,300 | -7.5% |
P
S
|
90,240 | $11,776,320 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TREX
TREX CO INC
|
Industrials | 2.96% | 4.16% |
#14
5
Prev: #9
|
1.7 | -20,000 | -6.2% |
P
S
|
302,462 | $10,610,367 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HWKN
HAWKINS INC
|
Basic Materials | 2.61% | 2.70% |
#15
1
Prev: #16
|
3.0 | 6,800 | 11.5% |
P
S
|
65,900 | $9,361,754 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VEEV
VEEVA SYS INC
|
Healthcare | 2.46% | 2.99% |
#16
2
Prev: #14
|
1.5 | -600 | -1.5% |
P
S
|
39,600 | $8,839,908 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ENTG
ENTEGRIS INC
|
Technology | 2.46% | 1.12% |
#17
13
Prev: #30
|
4.0 | 56,100 | 115.4% |
P
S
|
104,700 | $8,820,975 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSCI
MSCI INC
|
Financial Services | 2.42% | 2.03% |
#18
3
Prev: #21
|
3.0 | 800 | 5.6% |
P
S
|
15,150 | $8,692,010 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FCN
FTI CONSULTING ...
|
Industrials | 2.38% | 2.02% |
#19
3
Prev: #22
|
2.0 | no change | no change |
P
S
|
50,000 | $8,541,500 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EGP
EASTGROUP PPTYS...
|
Real Estate | 2.36% | 1.56% |
#20
6
Prev: #26
|
3.4 | 10,600 | 28.6% |
P
S
|
47,600 | $8,479,464 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EXPO
EXPONENT INC
|
Industrials | 2.33% | 2.11% |
#21
1
Prev: #20
|
1.4 | -1,100 | -0.9% |
P
S
|
120,500 | $8,369,930 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BRKR
BRUKER CORP
|
Healthcare | 2.28% | 1.79% |
#22
3
Prev: #25
|
0.9 | -47,100 | -21.4% |
P
S
|
173,500 | $8,173,585 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PAYC
PAYCOM SOFTWARE...
|
Technology | 2.24% | 3.30% |
#23
11
Prev: #12
|
0.9 | -13,000 | -20.5% |
P
S
|
50,500 | $8,047,680 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ALRM
ALARM COM HLDGS...
|
Technology | 2.13% | 2.18% |
#24
5
Prev: #19
|
1.4 | -14,200 | -8.6% |
P
S
|
150,100 | $7,658,102 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TW
TRADEWEB MKTS I...
|
Financial Services | 2.08% | 1.80% |
#25
1
Prev: #24
|
2.8 | 4,500 | 6.9% |
P
S
|
69,500 | $7,474,030 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FSS
FEDERAL SIGNAL ...
|
Industrials | 2.07% | 1.23% |
#26
1
Prev: #27
|
3.8 | 27,200 | 65.9% |
P
S
|
68,500 | $7,438,415 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GGG
GRACO INC
|
Industrials | 2.06% | 1.91% |
#27
4
Prev: #23
|
1.8 | no change | no change |
P
S
|
90,000 | $7,377,300 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LRN
STRIDE INC
|
Consumer Defensive | 1.95% | 4.92% |
#28
23
Prev: #5
|
1.3 | -24,200 | -18.3% |
P
S
|
108,000 | $7,012,440 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MIR
MIRION TECHNOLO...
|
Industrials | 1.67% | 1.00% |
#29
3
Prev: #32
|
3.2 | 83,800 | 48.8% |
P
S
|
255,400 | $5,981,468 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
STVN
STEVANATO GROUP...
|
Healthcare | 0.98% | 1.13% |
#30
1
Prev: #29
|
1.4 | no change | no change |
P
S
|
175,000 | $3,521,000 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HQY
HEALTHEQUITY IN...
|
Healthcare | 0.95% | 0.78% |
#31
4
Prev: #35
|
2.4 | 4,300 | 13.1% |
P
S
|
37,200 | $3,407,892 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BRBR
BELLRING BRANDS...
|
Consumer Defensive | 0.82% | 1.00% |
#32
1
Prev: #31
|
1.3 | no change | no change |
P
S
|
110,000 | $2,940,300 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WMS
ADVANCED DRAIN ...
|
Industrials | 0.66% | 0.92% |
#33
Prev: #33
|
0.3 | -10,300 | -38.7% |
P
S
|
16,300 | $2,360,729 | 2021 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TRNS
TRANSCAT INC
|
Industrials | 0.63% | 0.73% |
#34
3
Prev: #37
|
1.3 | no change | no change |
P
S
|
40,000 | $2,269,200 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BMI
BADGER METER IN...
|
Technology | 0.58% | 0.54% |
#35
4
Prev: #39
|
1.2 | no change | no change |
P
S
|
12,000 | $2,092,920 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DOCS
DOXIMITY INC
|
Healthcare | 0.51% | 0.59% |
#36
2
Prev: #38
|
2.7 | 9,000 | 28.0% |
P
S
|
41,200 | $1,824,336 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ERII
ENERGY RECOVERY...
|
Industrials | 0.48% | 0.79% |
#37
3
Prev: #34
|
0.2 | -77,400 | -37.7% |
P
S
|
128,160 | $1,728,878 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CGNX
COGNEX CORP
|
Technology | 0.42% | 0.75% |
#38
2
Prev: #36
|
0.2 | -24,300 | -36.6% |
P
S
|
42,012 | $1,511,592 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OLED
UNIVERSAL DISPL...
|
Technology | 0.42% | 0.50% |
#39
1
Prev: #40
|
0.7 | -1,100 | -7.9% |
P
S
|
12,900 | $1,506,462 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UTI
UNIVERSAL TECHN...
|
Consumer Defensive | 0.32% | — |
#40
Prev: #—
|
3.6 | 44,300 | no change |
NEW
|
44,300 | $1,157,559 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KNSL
KINSALE CAP GRO...
|
Financial Services | 0.31% | — |
#41
Prev: #—
|
3.6 | 2,800 | no change |
NEW
|
2,800 | $1,095,136 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MASI
MASIMO CORP
|
Healthcare | 0.00% | 0.48% |
Sold All 😨
(Was: #41) |
0.0 | -12,960 | -100.0% |
CLOSED
|
— | $— | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FORM
FORMFACTOR INC
|
Technology | 0.00% | 1.14% |
Sold All 😨
(Was: #28) |
0.0 | -125,000 | -100.0% |
CLOSED
|
— | $— | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-43 of 43 holdings