Grandeur Peak Global Advisors, LLC
Net seller this quarter
$432M
74
-$80M
65.6%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 KAI | $66.3M | 15.35% | 1.79% | +85.8% | Q2 2025 |
 MPWR | $57.7M | 13.35% | 0.08% | -19.0% | Q2 2018 |
 ITT | $36.6M | 8.46% | 0.21% | +26.3% | Q4 2025 |
 NVT | $23.8M | 5.51% | 0.09% | -17.5% | Q2 2024 |
 TBBB | $22.6M | 5.24% | Not reported | -47.3% | Q2 2024 |
 LFUS | $19.1M | 4.41% | 0.17% | -26.7% | Q2 2013 |
 ATRC | $16.4M | 3.80% | 1.15% | +53.8% | Q4 2023 |
 LMAT | $15.5M | 3.58% | 0.70% | +63.1% | Q2 2016 |
| OLLI | $14.6M | 3.37% | 0.31% | Not reported | Q3 2020 |
 BELFB | $10.8M | 2.51% | Not reported | -11.7% | Q3 2024 |
 PJT | $8.74M | 2.02% | 0.23% | +12.0% | Q1 2020 |
 PNTG | $6.64M | 1.54% | 0.52% | -0.7% | Q1 2024 |
 FROG | $6.17M | 1.43% | 0.06% | -31.7% | Q4 2021 |
 VTMX | $5.76M | 1.33% | 0.02% | -2.2% | Q2 2023 |
 FSS | $5.62M | 1.30% | 0.07% | +62.0% | Q3 2025 |
 MPTI | $5.62M | 1.30% | 1.30% | +11.5% | Q4 2025 |
 PTRN | $5.41M | 1.25% | Not reported | -56.9% | Q4 2025 |
 HLI | $5.35M | 1.24% | 6.78% | +1.1% | Q1 2020 |
 DG | $5.3M | 1.23% | 0.02% | +45.8% | Q4 2023 |
 LOAR | $4.84M | 1.12% | 0.06% | +28.1% | Q4 2024 |
 MWA | $4.52M | 1.05% | 0.11% | New | Q2 2026 |
 BMI | $4.35M | 1.01% | 0.10% | +654.3% | Q1 2026 |
 DSGX | $4.12M | 0.95% | 0.07% | +114.0% | Q3 2013 |
 LMB | $3.62M | 0.84% | 0.39% | New | Q2 2026 |
 RBRK | $3.53M | 0.82% | Not reported | +11.7% | Q4 2025 |
 RXST | $3.48M | 0.81% | 1.74% | +55.2% | Q4 2024 |
 ENSG | $3.35M | 0.78% | 0.04% | +24.6% | Q1 2024 |
 CSW | $3.28M | 0.76% | 0.07% | +19.0% | Q3 2025 |
 CNM | $3.26M | 0.75% | Not reported | -12.1% | Q1 2024 |
 DXCM | $3.1M | 0.72% | 0.01% | +1.5% | Q4 2017 |
 KRMN | $2.95M | 0.68% | 0.04% | +98.4% | Q4 2025 |
 IBP | $2.8M | 0.65% | 0.05% | +48.6% | Q1 2025 |
 ARXS | $2.74M | 0.63% | Not reported | New | Q2 2026 |
 ICLR | $2.42M | 0.56% | 0.02% | -0.4% | Q1 2020 |
 MOD | $2.38M | 0.55% | 0.02% | -13.4% | Q3 2024 |
 ABX | $2.2M | 0.51% | 0.21% | +31.6% | Q1 2025 |
 SPXC | $1.99M | 0.46% | 0.02% | +27.2% | Q4 2025 |
 XPEL | $1.88M | 0.43% | 0.14% | +366.0% | Q1 2026 |
 RBC | $1.69M | 0.39% | 0.01% | -5.3% | Q4 2025 |
 ALG | $1.63M | 0.38% | 0.08% | -25.7% | Q3 2014 |
 VSEC | $1.59M | 0.37% | 0.02% | -31.3% | Q4 2025 |
 MAMA | $1.58M | 0.37% | 0.22% | +4.5% | Q4 2024 |
 FRPT | $1.54M | 0.36% | 0.05% | +19.4% | Q1 2020 |
 GNTX | $1.43M | 0.33% | 0.03% | +17.8% | Q3 2014 |
 PWP | $1.42M | 0.33% | Not reported | -79.0% | Q2 2023 |
 GIC | $1.41M | 0.33% | 0.11% | +88.0% | Q2 2021 |
 NEOG | $1.33M | 0.31% | 0.07% | Not reported | Q2 2023 |
 ESQ | $1.22M | 0.28% | 0.12% | -10.7% | Q4 2017 |
 IDXX | $1.17M | 0.27% | 0.00% | +21.4% | Q1 2020 |
 MRVL | $1.08M | 0.25% | 0.00% | +102.2% | Q2 2023 |
| Q1 2026 | |||||
 MRX | $59.1M | 13.84% | 1.82% | -25.5% | Q2 2024 |
| MPWR | $56.3M | 13.19% | 0.10% | -28.9% | Q2 2018 |
| TBBB | $36.4M | 8.54% | Not reported | -21.3% | Q2 2024 |
| KAI | $33.2M | 7.78% | 0.96% | +311.5% | Q2 2025 |
| ITT | $27.9M | 6.54% | 0.17% | -1.2% | Q4 2025 |
| NVT | $20.1M | 4.72% | 0.11% | -16.2% | Q2 2024 |
| LFUS | $19.4M | 4.54% | 0.23% | -39.1% | Q2 2013 |
 PRIM | $15.7M | 3.69% | 0.20% | -23.7% | Q2 2024 |
| ATRC | $10.9M | 2.55% | 0.75% | +16.3% | Q4 2023 |
| LMAT | $10.8M | 2.53% | 0.43% | -18.4% | Q2 2016 |
| PWP | $7.69M | 1.80% | Not reported | -35.7% | Q2 2023 |
| BELFB | $7.3M | 1.71% | Not reported | -3.3% | Q3 2024 |
| PJT | $7.22M | 1.69% | 0.21% | +4.0% | Q1 2020 |
 TECH | $7.09M | 1.66% | 0.09% | -14.3% | Q3 2022 |
| PTRN | $6.2M | 1.45% | Not reported | +1004.9% | Q4 2025 |
| VTMX | $5.73M | 1.34% | 0.02% | -18.7% | Q2 2023 |
| HLI | $5.66M | 1.33% | 6.71% | -4.7% | Q1 2020 |
| PNTG | $5.52M | 1.29% | 0.52% | -21.6% | Q1 2024 |
| FROG | $4.67M | 1.09% | 0.08% | -91.8% | Q4 2021 |
| CNM | $3.8M | 0.89% | Not reported | -34.6% | Q1 2024 |
| DG | $3.75M | 0.88% | 0.01% | -13.1% | Q4 2023 |
| MPTI | $3.4M | 0.80% | 1.43% | +15.4% | Q4 2025 |
| ENSG | $3.38M | 0.79% | 0.03% | -42.0% | Q1 2024 |
 HQY | $3.05M | 0.71% | 0.04% | -41.0% | Q3 2014 |
| FSS | $2.92M | 0.68% | 0.04% | -10.0% | Q3 2025 |
| RXST | $2.87M | 0.67% | 1.13% | +19.2% | Q4 2024 |
| DXCM | $2.85M | 0.67% | 0.01% | -44.5% | Q4 2017 |
| LOAR | $2.68M | 0.63% | 0.05% | -40.8% | Q4 2024 |
| CSW | $2.58M | 0.60% | 0.06% | -23.1% | Q3 2025 |
| KRMN | $2.38M | 0.56% | 0.02% | -46.0% | Q4 2025 |
| MOD | $2.23M | 0.52% | 0.02% | -68.0% | Q3 2024 |
| ALG | $2.21M | 0.52% | 0.11% | -52.2% | Q3 2014 |
| IBP | $2.17M | 0.51% | 0.03% | -45.0% | Q1 2025 |
| DSGX | $1.99M | 0.47% | 0.03% | -91.7% | Q3 2013 |
| RBRK | $1.93M | 0.45% | Not reported | -30.9% | Q4 2025 |
| VSEC | $1.87M | 0.44% | 0.04% | +136.3% | Q4 2025 |
| ICLR | $1.55M | 0.36% | 0.02% | +50.6% | Q1 2020 |
| RBC | $1.51M | 0.35% | 0.01% | +11.7% | Q4 2025 |
 KIDS | $1.49M | 0.35% | 0.37% | Not reported | Q2 2025 |
 HAE | $1.43M | 0.33% | 0.06% | +39.6% | Q3 2025 |
| NEOG | $1.38M | 0.32% | 0.07% | -19.1% | Q2 2023 |
| MAMA | $1.3M | 0.30% | 0.21% | -89.0% | Q4 2024 |
| FRPT | $1.29M | 0.30% | 0.04% | -83.9% | Q1 2020 |
| SPXC | $1.28M | 0.30% | 0.01% | +20.9% | Q4 2025 |
| ESQ | $1.23M | 0.29% | 0.13% | Not reported | Q4 2017 |
| ABX | $1.23M | 0.29% | 0.16% | -0.1% | Q1 2025 |
 TW | $1.16M | 0.27% | 9837.00% | -68.3% | Q2 2022 |
| GNTX | $1.05M | 0.25% | 0.02% | Not reported | Q3 2014 |
| IDXX | $1.03M | 0.24% | 0.00% | -47.2% | Q1 2020 |
 PAX | $1M | 0.23% | Not reported | -75.4% | Q1 2021 |
| Q4 2025 | |||||
| FROG | $75.2M | 10.13% | 1.01% | -4.2% | Q4 2021 |
| MRX | $68.3M | 9.19% | 2.44% | +1.5% | Q2 2024 |
| MPWR | $65.7M | 8.84% | 0.15% | +11.2% | Q2 2018 |
| TBBB | $43.7M | 5.88% | Not reported | -12.4% | Q2 2024 |
| DSGX | $29.3M | 3.95% | 0.39% | -19.6% | Q3 2013 |
 ARX | $26.5M | 3.57% | 0.98% | +71.4% | Q3 2025 |
| ITT | $25.7M | 3.46% | 0.19% | New | Q4 2025 |
| LFUS | $23.7M | 3.19% | 0.38% | -11.1% | Q2 2013 |
| NVT | $20.7M | 2.79% | 0.13% | +156.2% | Q2 2024 |
| PRIM | $17.9M | 2.41% | 0.27% | -20.8% | Q2 2024 |
 NET | $16.5M | 2.23% | Not reported | +42.6% | Q1 2022 |
| ATRC | $13M | 1.75% | 0.66% | +316.3% | Q4 2023 |
 SLAB | $12.5M | 1.68% | 0.29% | +14.3% | Q2 2013 |
| PWP | $11.4M | 1.53% | Not reported | +3.7% | Q2 2023 |
 POWI | $10.9M | 1.46% | 0.55% | Not reported | Q2 2013 |
 STN | $10.8M | 1.45% | 0.10% | -3.6% | Q2 2013 |
| MAMA | $10.3M | 1.39% | 1.89% | -48.8% | Q4 2024 |
| LMAT | $9.82M | 1.32% | 0.53% | +21.9% | Q2 2016 |
| TECH | $9.3M | 1.25% | 0.10% | +1.2% | Q3 2022 |
 UPWK | $9.16M | 1.23% | 0.35% | -8.2% | Q4 2024 |
| PJT | $8.32M | 1.12% | 0.20% | +22.8% | Q1 2020 |
| FRPT | $8.25M | 1.11% | 0.28% | +117.1% | Q1 2020 |
| KAI | $7.87M | 1.06% | 0.23% | +44.0% | Q2 2025 |
| HLI | $7.2M | 0.97% | 7.04% | +198.9% | Q1 2020 |
| PNTG | $6.5M | 0.88% | 0.67% | -4.6% | Q1 2024 |
| BELFB | $6.47M | 0.87% | Not reported | +509.0% | Q3 2024 |
| VTMX | $6.44M | 0.87% | 0.02% | -10.7% | Q2 2023 |
 FIVE | $6.15M | 0.83% | 0.06% | -34.5% | Q1 2020 |
| CNM | $6.11M | 0.82% | Not reported | -24.8% | Q1 2024 |
 ESTC | $6.08M | 0.82% | 0.08% | -7.7% | Q1 2021 |
| HQY | $5.66M | 0.76% | 0.07% | -43.9% | Q3 2014 |
 TXRH | $5.65M | 0.76% | 0.05% | -19.4% | Q1 2020 |
| DXCM | $5.43M | 0.73% | 0.02% | +36.2% | Q4 2017 |
| LOAR | $5.38M | 0.72% | 0.08% | +292.4% | Q4 2024 |
 RYAN | $5.25M | 0.71% | 0.09% | +1.0% | Q4 2024 |
| PAX | $5.14M | 0.69% | Not reported | -18.1% | Q1 2021 |
| ENSG | $5.05M | 0.68% | 0.05% | -9.7% | Q1 2024 |
| DG | $4.82M | 0.65% | 0.02% | -10.2% | Q4 2023 |
 RDVT | $4.8M | 0.65% | 0.60% | -6.1% | Q2 2025 |
| ALG | $4.69M | 0.63% | 0.23% | +930.2% | Q3 2014 |
 SPSC | $4.52M | 0.61% | 0.14% | -49.5% | Q3 2024 |
 RPC | $4.45M | 0.60% | 0.73% | -30.9% | Q4 2021 |
 QLYS | $4.42M | 0.60% | 0.09% | -5.2% | Q1 2016 |
| RBRK | $4.36M | 0.59% | Not reported | New | Q4 2025 |
| MOD | $4.3M | 0.58% | 0.06% | +71.3% | Q3 2024 |
| RXST | $4.07M | 0.55% | 0.95% | -7.2% | Q4 2024 |
| KRMN | $4.03M | 0.54% | 0.04% | New | Q4 2025 |
| IBP | $3.86M | 0.52% | 0.06% | -62.4% | Q1 2025 |
| CSW | $3.78M | 0.51% | 0.08% | +1.1% | Q3 2025 |
 GSHD | $3.71M | 0.50% | 0.24% | +3.7% | Q2 2018 |
| Q3 2025 | |||||
| MPWR | $60M | 8.05% | 0.14% | -4.6% | Q2 2018 |
| FROG | $59.5M | 7.99% | 1.06% | -6.5% | Q4 2021 |
| MRX | $59M | 7.91% | 2.43% | +17.8% | Q2 2024 |
| TBBB | $40.3M | 5.40% | Not reported | +5.2% | Q2 2024 |
| DSGX | $39.1M | 5.25% | 0.48% | +12.0% | Q3 2013 |
| LFUS | $27.3M | 3.67% | 0.43% | -11.3% | Q2 2013 |
| PRIM | $25M | 3.35% | 0.34% | -3.9% | Q2 2024 |
| MAMA | $15.7M | 2.11% | 3.70% | +29.3% | Q4 2024 |
| ARX | $14.1M | 1.89% | 0.57% | New | Q3 2025 |
| PWP | $13.5M | 1.82% | Not reported | -1.4% | Q2 2023 |
| STN | $12.8M | 1.71% | 0.10% | -23.4% | Q2 2013 |
| NET | $12.6M | 1.69% | Not reported | -42.1% | Q1 2022 |
| SLAB | $11M | 1.47% | 0.25% | +40.9% | Q2 2013 |
| SPSC | $10.5M | 1.40% | 0.27% | +12.9% | Q3 2024 |
| HQY | $10.4M | 1.40% | 0.13% | -3.1% | Q3 2014 |
| IBP | $9.78M | 1.31% | 0.15% | -29.7% | Q1 2025 |
| UPWK | $9.35M | 1.25% | 0.38% | +8.6% | Q4 2024 |
| CWAN | $9.33M | 1.25% | Not reported | +19.3% | Q1 2024 |
 BURL | $8.79M | 1.18% | 0.05% | -10.7% | Q1 2024 |
| TECH | $8.7M | 1.17% | 0.10% | +12.9% | Q3 2022 |
| LMAT | $8.69M | 1.17% | 0.44% | +31.4% | Q2 2016 |
| CNM | $8.4M | 1.13% | Not reported | -28.5% | Q1 2024 |
| ICLR | $8.35M | 1.12% | 0.06% | -68.3% | Q1 2020 |
| NVT | $7.82M | 1.05% | 0.05% | -60.0% | Q2 2024 |
| FIVE | $7.72M | 1.04% | 0.09% | -31.0% | Q1 2020 |
| ESTC | $7.38M | 0.99% | 0.08% | -12.4% | Q1 2021 |
 EPAC | $7.36M | 0.99% | 0.33% | +5.4% | Q2 2024 |
| PJT | $7.2M | 0.97% | 0.16% | +7.2% | Q1 2020 |
| RPC | $7.13M | 0.96% | 1.05% | -37.6% | Q4 2021 |
| TXRH | $7.02M | 0.94% | 0.06% | +0.6% | Q1 2020 |
| VTMX | $6.69M | 0.90% | 0.03% | +4.7% | Q2 2023 |
| PNTG | $6.1M | 0.82% | 0.70% | -5.1% | Q1 2024 |
 GO | $5.82M | 0.78% | 0.37% | -36.0% | Q2 2024 |
| PAX | $5.76M | 0.77% | Not reported | -51.4% | Q1 2021 |
 MANH | $5.75M | 0.77% | 0.05% | +1.3% | Q4 2024 |
| KAI | $5.71M | 0.77% | 0.16% | +20.2% | Q2 2025 |
| RYAN | $5.67M | 0.76% | 0.09% | +35.1% | Q4 2024 |
| ENSG | $5.54M | 0.74% | 0.06% | -35.3% | Q1 2024 |
 ZS | $4.72M | 0.63% | 0.01% | -3.8% | Q2 2023 |
| RDVT | $4.69M | 0.63% | 0.64% | +51.6% | Q2 2025 |
| QLYS | $4.64M | 0.62% | 0.10% | -15.2% | Q1 2016 |
| TW | $4.52M | 0.61% | 40694.00% | +25.4% | Q2 2022 |
| GNTX | $4.47M | 0.60% | 0.07% | -7.7% | Q3 2014 |
| DG | $4.18M | 0.56% | 0.02% | +30.2% | Q4 2023 |
| ESQ | $4.18M | 0.56% | 0.48% | -16.3% | Q4 2017 |
| DXCM | $4.04M | 0.54% | 0.02% | +67.7% | Q4 2017 |
| NEOG | $4.01M | 0.54% | 0.32% | -21.7% | Q2 2023 |
| RXST | $3.78M | 0.51% | 1.02% | +116.8% | Q4 2024 |
| GSHD | $3.62M | 0.48% | 0.23% | +5.2% | Q2 2018 |
 MKTX | $3.56M | 0.48% | 0.05% | -16.9% | Q2 2013 |