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Portfolio (Quarterly) Guide ↗

Montanaro Asset Management Ltd

· CIK 0001831133
13F Portfolio $334M AUM 42 positions Filed May 11, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 7 New 14 Added 17 Reduced 6 Exited
Page 2 of 3  ·  42 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 MSCI MSCI INC Financial Services 15,650.0 $8.4M 2.52% +500.0 +3.3% $539.01 +7.8%
22 TMDX TRANSMEDICS GROUP INC Healthcare 78,739.0 $7.8M 2.34% -23K -22.8% $99.41 -24.0%
23 VMI VALMONT INDS INC Industrials 19,400.0 $7.8M 2.32% NEW $399.57 +42.7%
24 WTS WATTS WATER TECHNOLOGIES INC Industrials 26,500.0 $7.7M 2.30% NEW $290.29 +18.5%
25 VEEV VEEVA SYS INC Healthcare 36,000.0 $6.3M 1.89% -4K -9.1% $175.67 -12.7%
26 TW TRADEWEB MKTS INC Financial Services 53,150.0 $6.3M 1.87% -16K -23.5% $117.66 -16.5%
27 ALRM ALARM COM HLDGS INC Technology 141,700.0 $6.1M 1.83% -8K -5.6% $43.19 +1.2%
28 MIR MIRION TECHNOLOGIES INC Industrials 305,300.0 $5.7M 1.70% +50K +19.5% $18.59 -0.3%
29 HQY HEALTHEQUITY INC Healthcare 50,800.0 $4.2M 1.27% +14K +36.6% $83.57 +1.2%
30 HXL HEXCEL CORP NEW Industrials 42,000.0 $3.4M 1.02% NEW $80.93 +22.5%
31 MDA MDA SPACE LTD Technology 134,100.0 $3.4M 1.02% NEW $25.33 +55.5%
32 TRNS TRANSCAT INC Industrials 40,000.0 $2.9M 0.88% $73.45 +26.3%
33 SNEX STONEX GROUP INC Financial Services 30,000.0 $2.4M 0.72% NEW $80.65 +72.1%
34 UTI UNIVERSAL TECHNICAL INST INC Consumer Defensive 66,668.0 $2.4M 0.72% +22K +50.5% $36.10 +11.8%
35 STVN STEVANATO GROUP S P A Healthcare 175,000.0 $2.4M 0.72% $13.75 +23.2%
36 BRBR BELLRING BRANDS INC Consumer Defensive 140,000.0 $2.3M 0.67% +30K +27.3% $16.09 -36.8%
37 TTEK TETRA TECH INC NEW Industrials 71,500.0 $2.2M 0.64% NEW $30.12 -9.9%
38 KNSL KINSALE CAP GROUP INC Financial Services 4,457.0 $1.5M 0.46% +2K +59.2% $341.66 -13.6%
39 WMS ADVANCED DRAIN SYS INC DEL Industrials 10,800.0 $1.5M 0.44% -6K -33.7% $137.13 +7.3%
40 BMI BADGER METER INC Technology 7,300.0 $1.1M 0.33% -5K -39.2% $152.35 -11.5%
Page 2 of 3  ·  42 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 29.3%
Industrials 23.7%
Healthcare 12.3%
Financial Services 10.2%
Basic Materials 8.1%
Consumer Defensive 4.9%
Real Estate 4.4%
Utilities 3.8%
Consumer Cyclical 3.4%