Montanaro Asset Management Ltd reported 41 positions worth $312.15M for the quarter ended Jun 30, 2026, down 5.7% on the prior quarter. It opened 5 new positions, added to 10, trimmed 26 and exited 5. Its largest holding is Nova Ltd. at 6% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| AYI Acuity Inc. (De) | +29.0K | – | $10.90M | 3.49% |
| SXT Sensient Technologies Corp | +65.5K | – | $8.08M | 2.59% |
| WTS Watts Water Technologies Inc | +19.6K | +74.0% | $7.67M | 5.78% |
| VMI Valmont Industries Inc | +6,450 | +33.2% | $3.73M | 4.78% |
| BELFB Bel Fuse Inc | +11.0K | – | $3.66M | 1.17% |
| KGS Kodiak Gas Services, Inc. | +45.0K | – | $3.38M | 1.08% |
| CLH Clean Harbors Inc | +9,900 | +275.0% | $2.96M | 1.29% |
| MIR Mirion Technologies, Inc. | +113.3K | +37.1% | $2.03M | 2.4% |
| ESE Esco Technologies Inc | +5,000 | – | $1.75M | 0.561% |
| VEEV Veeva Systems Inc | +7,100 | +19.7% | $1.26M | 2.45% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| TECH BIO-TECHNE Corp | -214.7K | -63.0% | $15.17M | 2.86% |
| TYL Tyler Technologies Inc | -27.3K | -100.0% | $9.36M | Exited |
| FCN Fti Consulting, Inc | -50.0K | -100.0% | $8.84M | Exited |
| TMDX TransMedics Group, Inc. | -78.7K | -100.0% | $7.83M | Exited |
| NVMI Nova Ltd. | -13.8K | -28.6% | $7.47M | 5.98% |
| SITM SITIME Corp | -9,000 | -36.0% | $6.71M | 3.82% |
| FN Fabrinet | -10.0K | -50.0% | $5.62M | 1.8% |
| GGG Graco Inc | -60.0K | -54.5% | $4.54M | 1.21% |
| HWKN Hawkins Inc | -30.0K | -50.2% | $4.26M | 1.36% |
| ENTG Entegris Inc | -22.4K | -27.4% | $4.03M | 3.43% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVMI Nova Ltd. | Technology | 34.4K | $18.67M | 5.98% | -13.8K | -28.6% | Reduced | 0.11% |
| 2 | WTS Watts Water Technologies Inc | Industrials | 46.1K | $18.05M | 5.78% | +19.6K | +74.0% | Added | 0.17% |
| 3 | EGP Eastgroup Properties Inc | Real Estate | 79.3K | $16.06M | 5.15% | +3,718 | +4.9% | Added | 0.15% |
| 4 | FSS Federal Signal Corp | Industrials | 122.5K | $15.74M | 5.04% | -569 | -0.5% | Reduced | 0.2% |
| 5 | VMI Valmont Industries Inc | Industrials | 25.9K | $14.93M | 4.78% | +6,450 | +33.2% | Added | 0.13% |
| 6 | BCPC Balchem Corp | Basic Materials | 87.5K | $14.79M | 4.74% | -11.2K | -11.3% | Reduced | 0.27% |
| 7 | SITM SITIME Corp | Technology | 16.0K | $11.93M | 3.82% | -9,000 | -36.0% | Reduced | 0.06% |
| 8 | BSY Bentley Systems Inc | Technology | 380.8K | $11.38M | 3.65% | -19.5K | -4.9% | Reduced | 0.12% |
| 9 | CSW Csw Industrials, Inc. | Industrials | 40.7K | $11.33M | 3.63% | -9,095 | -18.3% | Reduced | 0.25% |
| 10 | HLI Houlihan Lokey, Inc. | Financial Services | 82.9K | $11.12M | 3.56% | -15.3K | -15.6% | Reduced | 0.12% |
| 11 | AWK American Water Works Company, Inc. | Utilities | 84.1K | $11.07M | 3.55% | -5,700 | -6.3% | Reduced | 0.04% |
| 12 | AYI Acuity Inc. (De) | Industrials | 29.0K | $10.90M | 3.49% | +29.0K | – | New | 0.1% |
| 13 | ENTG Entegris Inc | Technology | 59.5K | $10.70M | 3.43% | -22.4K | -27.4% | Reduced | 0.04% |
| 14 | EXPO Exponent Inc | Industrials | 179.1K | $10.52M | 3.37% | -12.7K | -6.6% | Reduced | 0.36% |
| 15 | MANH Manhattan Associates Inc | Technology | 67.8K | $9.44M | 3.02% | -11.5K | -14.6% | Reduced | 0.12% |
Tip. Select a row to see that position’s full history at Montanaro Asset Management.
As of its Q2 2026 13F filing, Montanaro Asset Management Ltd’s five largest positions were Nova Ltd. (NVMI) at 6.0%, Watts Water Technologies Inc (WTS) at 5.8%, Eastgroup Properties Inc (EGP) at 5.1%, Federal Signal Corp (FSS) at 5.0%, Valmont Industries Inc (VMI) at 4.8% of the reported portfolio.
Montanaro Asset Management Ltd reported a 13F portfolio worth $312.15M across 41 positions for Q2 2026. That is down 5.7% from the previous quarter.
Its largest purchases by value were Acuity Inc. (De) ($10.90M), Sensient Technologies Corp ($8.08M), Watts Water Technologies Inc ($7.67M). It opened 5 new positions.
Its largest sales by value were BIO-TECHNE Corp ($15.17M), Tyler Technologies Inc ($9.36M), Fti Consulting, Inc ($8.84M). It exited 5 positions entirely.
From the Form 13F-HR reports Montanaro Asset Management Ltd files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.