Geneva Capital Management LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Geneva Capital Management LLC reported 131 stock positions worth $5.8 billion. Its top holding was Construction Partners Class A (ROAD) at 3.8% of the portfolio, followed by Exlservice (EXLS, 3.6%) and Aaon (AAON, 3.4%). Compared with Q3 2024, it opened 4 new positions, sold out of 3, added to 20 and reduced 107. The biggest buy was Globus Medical Class A (GMED, shares +14%) and the biggest sale an exit from Perficient (PRFT).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0001009232
Portfolio Value
$5.8B (Q4 2024)
SEC Filing
0001009232-25-000003 ↗ filed Feb 6, 2025

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $5.7B Q1 2024 Q2 2024: $5.5B Q2 2024 Q3 2024: $6.0B Q3 2024 Q4 2024: $5.8B $5.8B Q4 2024 Q1 2025: $5.4B Q1 2025 Q2 2025: $6.0B Q2 2025 Q3 2025: $5.8B Q3 2025 Q4 2025: $5.3B Q4 2025 Q1 2026: $4.7B Q1 2026 Q2 2026: $4.4B Q2 2026

Holdings 131 stocks · $5.8B
ROAD Construction Partners Inc. Class A 3.77% 2,458,288 $217.5M Reduce -22.8%
EXLS Exlservice Holdings Inc. 3.57% 4,636,918 $205.8M Reduce -1.2%
AAON Aaon Inc. 3.43% 1,677,914 $197.5M Reduce -1.2%
KNSL Kinsale Capital Group Inc. 3.25% 402,914 $187.4M Reduce -1.2%
RBC RBC Bearings Inc. 3.03% 583,665 $174.6M Reduce -1.2%
ONTO Onto Innovation Inc. 2.92% 1,010,691 $168.5M Add +7.6%
DSGX The Descartes Systems Grp 2.88% 1,459,128 $165.8M Reduce -1.2%
TXRH Texas Roadhouse Inc. 2.84% 908,169 $163.9M Reduce -1.5%
GMED Globus Medical Inc. Class A 2.61% 1,815,837 $150.2M Add +13.6%
EXPO Exponent Inc. 2.43% 1,569,676 $139.9M Reduce -1.3%
BCPC Balchem Corp. 2.32% 819,746 $133.6M Add +5.1%
NOVT Novanta Inc. 2.26% 852,638 $130.3M Add +9.3%
TYL Tyler Technologies Inc. 2.18% 217,903 $125.7M Reduce -3.8%
OLLI Ollie's Bargain Outlet Holdi 1.98% 1,038,546 $114.0M Reduce -1.1%
ESE Esco Technologies Inc. 1.93% 835,676 $111.3M Reduce -1.4%
TREX Trex Company Inc. 1.91% 1,592,196 $109.9M Reduce -0.0%
CWST Casella Waste Systems Inc. Class A 1.88% 1,025,531 $108.5M Reduce -1.4%
SPSC SPS Commerce Inc. 1.86% 581,801 $107.0M Add +31.1%
HQY Healthequity Inc. 1.75% 1,048,903 $100.6M Add +24.6%
SITE Siteone Landscape Supply Inc. 1.63% 712,894 $93.9M Add +13.9%
AGYS Agilysys Inc. 1.52% 665,944 $87.7M Reduce -1.4%
BLKB Blackbaud Inc. 1.48% 1,157,387 $85.6M Reduce -1.5%
JJSF J & J Snack Foods Corp. 1.40% 520,466 $80.7M Reduce -1.2%
LMAT Lemaitre Vascular Inc. 1.38% 865,582 $79.8M Reduce -1.4%
ALRM Alarm.com Holdings Inc. 1.37% 1,298,018 $78.9M Reduce -0.7%
TECH Bio-Techne Corp. 1.36% 1,089,935 $78.5M Reduce -1.3%
VERX Vertex Inc. Class A 1.33% 1,437,588 $76.7M Reduce -0.9%
SPXC SPX Technologies Inc. 1.13% 447,177 $65.1M Reduce -1.4%
PLUS Eplus Inc. 1.12% 873,293 $64.5M Reduce -1.3%
BFAM Bright Horizons Family Solut 1.09% 566,018 $62.7M Reduce -1.6%
VCEL Vericel Corp. 1.05% 1,099,788 $60.4M Reduce -0.4%
AXON Axon Enterprise Inc. 1.03% 99,589 $59.2M Reduce -41.6%
CERT Certara Inc. 1.01% 5,458,600 $58.1M Reduce -0.9%
DORM Dorman Products Inc. 0.97% 430,771 $55.8M Reduce -1.2%
BL Blackline Inc. 0.92% 877,024 $53.3M Reduce -2.1%
CPRT Copart Inc. 0.90% 905,065 $51.9M Reduce -14.9%
WDFC WD-40 Co. 0.88% 209,060 $50.7M Reduce -1.2%
DV Doubleverify Holdings Inc. 0.86% 2,574,161 $49.4M Add +0.8%
DGII Digi International Inc. 0.86% 1,635,150 $49.4M Reduce -1.2%
MRTN Marten Transport Ltd. 0.85% 3,140,280 $49.0M Reduce -2.8%
AX Axos Financial Inc. 0.85% 699,900 $48.9M Reduce -1.2%
DCI Donaldson Co. Inc. 0.82% 698,343 $47.0M Reduce -1.3%
APH Amphenol Corp. Class A 0.77% 640,828 $44.5M Reduce -11.0%
VVV Valvoline Inc. 0.77% 1,220,453 $44.2M Add +56.3%
FSV Firstservice Corp. 0.75% 237,908 $43.1M Reduce -1.3%
ORLY O'reilly Automotive Inc. 0.74% 35,962 $42.6M Reduce -10.7%
IIIV I3 Verticals Inc. Class A 0.71% 1,785,160 $41.1M Reduce -1.1%
FISV Fiserv Inc. 0.68% 191,185 $39.3M Reduce -11.0%
HLNE Hamilton Lane Inc. Class A 0.66% 256,587 $38.0M Reduce -0.8%
KEYS Keysight Technologies Inc. 0.63% 226,446 $36.4M Reduce -0.2%
PLMR Palomar Holdings Inc. 0.62% 336,381 $35.5M Reduce -1.3%
IT Gartner Inc. 0.61% 72,638 $35.2M Reduce -11.4%
CBZ Cbiz Inc. 0.60% 423,407 $34.6M Add +49.7%
BURL Burlington Stores Inc. 0.58% 116,582 $33.2M Reduce -6.9%
ROL Rollins Inc. 0.58% 716,277 $33.2M Add +29.3%
VRSK Verisk Analytics Inc. 0.54% 113,228 $31.2M Reduce -11.3%
RYAN Ryan Specialty Holdings Inc. 0.53% 480,145 $30.8M Reduce -7.0%
NVEE NV5 Global Inc. 0.53% 1,618,475 $30.5M Reduce -6.5%
HEI.A Heico Corp. Class A 0.52% 161,804 $30.1M Add +0.3%
WSO Watsco Inc. 0.52% 63,059 $29.9M Reduce -7.3%
POOL Pool Corp. 0.50% 85,039 $29.0M Reduce -7.4%
CHD Church & Dwight Co. Inc. 0.50% 276,472 $28.9M Reduce -4.3%
CSGP Costar Group Inc. 0.49% 390,671 $28.0M Reduce -7.1%
CDNS Cadence Design SYS Inc. 0.44% 84,367 $25.3M Add +11.9%
MLAB Mesa Laboratories Inc. 0.43% 189,013 $24.9M Reduce -1.5%
WMS Advanced Drainage Systems Inc. 0.43% 213,650 $24.7M Add +5.7%
AZTA Azenta Inc. 0.42% 488,642 $24.4M Reduce -1.2%
NEOG Neogen Corp. 0.42% 2,005,309 $24.3M Reduce -4.3%
GO Grocery Outlet Holding Corp. 0.42% 1,546,214 $24.1M Reduce -1.9%
WSC Willscot Holdings Corp. 0.40% 693,399 $23.2M New
IEX Idex Corp. 0.40% 109,635 $22.9M Reduce -10.9%
ROP Roper Technologies Inc. 0.39% 43,177 $22.4M Reduce -11.2%
INTU Intuit Inc. 0.39% 35,335 $22.2M Reduce -10.8%
BLFS Biolife Solutions Inc. 0.38% 852,741 $22.1M Reduce -1.4%
BR Broadridge Financial Solutio 0.38% 96,604 $21.8M Reduce -11.2%
STE Steris PLC 0.38% 105,975 $21.8M Reduce -11.6%
MPWR Monolithic Power Systems Inc. 0.37% 36,339 $21.5M Add +32.9%
HUBS HubSpot Inc. 0.37% 30,849 $21.5M Reduce -10.8%
ICE Intercontinental Exchange Inc. 0.37% 143,074 $21.3M Reduce -11.3%
RGEN Repligen Corp. 0.34% 135,585 $19.5M Reduce -2.2%
UFPT Ufp Technologies Inc. 0.34% 79,402 $19.4M Reduce -1.2%
IDXX Idexx Laboratories Inc. 0.31% 43,330 $17.9M Reduce -12.0%
OPCH Option Care Health Inc. 0.30% 743,520 $17.2M Reduce -5.7%
STAA Staar Surgical Co. 0.28% 662,825 $16.1M Reduce -4.7%
FOXF Fox Factory Holding Corp. 0.27% 517,952 $15.7M Reduce -5.2%
EPAM Epam Systems Inc. 0.27% 66,325 $15.5M Reduce -7.0%
RJF Raymond James Financial Inc. 0.26% 96,819 $15.0M Reduce -10.6%
ODFL Old Dominion Freight Line 0.26% 84,607 $14.9M Reduce -12.8%
IWO iShares Russell 2000 Growth 0.25% 50,790 $14.6M Add +67.4%
VMC Vulcan Materials Co. 0.23% 52,496 $13.5M Reduce -10.3%
BARNES GROUP INC 0.22% 266,684 $12.6M Reduce -1.0%
FICO Fair Isaac Corp. 0.21% 5,946 $11.8M Reduce -80.6%
FRPT Freshpet Inc. 0.19% 74,899 $11.1M Reduce -11.1%
ULTA Ulta Beauty Inc. 0.19% 24,820 $10.8M Reduce -10.3%
ANSS Ansys Inc. 0.17% 29,634 $10.0M Reduce -11.2%
GPN Global Payments Inc. 0.17% 88,758 $9.9M Reduce -38.2%
COO The Cooper Cos Inc. 0.17% 104,427 $9.6M Reduce -11.3%
DXCM Dexcom Inc. 0.15% 112,977 $8.8M Reduce -13.5%
TRMB Trimble Inc. 0.13% 104,945 $7.4M Reduce -11.2%
LULU Lululemon Athletica Inc. 0.11% 16,859 $6.4M Reduce -1.6%
ALGN Align Technology Inc. 0.11% 30,588 $6.4M Reduce -12.2%
SSNC Ss&c Technologies Holdings 0.11% 84,109 $6.4M Reduce -11.4%
BSY Bentley Systems Inc. Class B 0.10% 127,493 $6.0M Reduce -4.3%
FBIN Fortune Brands Innovations I 0.08% 66,700 $4.6M Reduce -11.5%
MKTX Marketaxess Holdings Inc. 0.06% 15,496 $3.5M Add +1.1%
MRVL Marvell Technology Inc. 0.06% 30,905 $3.4M Reduce -6.7%
GNRC Generac Holdings Inc. 0.06% 20,945 $3.2M Reduce -11.7%
MSFT Microsoft Corp. 0.05% 7,412 $3.1M Reduce -6.7%
COST Costco Wholesale Corp. 0.05% 3,304 $3.0M Reduce -30.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.05% 24,676 $3.0M Reduce -6.7%
IWP iShares Russell Mid-Cap Grow 0.05% 21,843 $2.8M Add +2.2%
V Visa Inc. Class A 0.04% 8,046 $2.5M Reduce -6.7%
LOW Lowe's Cos Inc. 0.04% 10,285 $2.5M Reduce -6.7%
CGNX Cognex Corp. 0.04% 67,293 $2.4M Reduce -10.3%
TMO Thermo Fisher Scientific Inc. 0.04% 4,616 $2.4M Reduce -6.7%
CRL Charles River Laboratories 0.04% 12,790 $2.4M Reduce -13.7%
WMT Walmart Inc. 0.04% 26,065 $2.4M Reduce -6.7%
GOOGL Alphabet Inc. Class A 0.04% 12,132 $2.3M Reduce -6.7%
DHR Danaher Corp. 0.04% 9,667 $2.2M Reduce -6.7%
ISRG Intuitive Surgical Inc. 0.03% 3,698 $1.9M Reduce -6.7%
MSI Motorola Solutions Inc. 0.03% 4,002 $1.8M Reduce -6.7%
CRM Salesforce Inc. 0.03% 5,255 $1.8M Reduce -6.6%
ECL Ecolab Inc. 0.03% 7,306 $1.7M Add +18.9%
SPGI S&P Global Inc. 0.03% 2,935 $1.5M Reduce -6.6%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.03% 5,157 $1.4M New
MCHP Microchip Technology Inc. 0.02% 22,626 $1.3M Reduce -6.7%
VLTO Veralto Corp. 0.02% 12,111 $1.2M Add +51.3%
EW Edwards Lifesciences Corp. 0.02% 15,230 $1.1M Reduce -6.7%
ADBE Adobe Inc. 0.01% 1,748 $777K Reduce -47.4%
IJK iShares S&P Mid-Cap 400 Grow 0.01% 4,968 $452K New
IJT iShares S&P Small-Cap 600 GR 0.00% 1,595 $216K New

Portfolio Sells Q3 2024 → Q4 2024
PRFT Perficient Inc. Sold out 0.00% −1.18
ENV Envestnet Inc. Sold out 0.00% −0.90
FICO Fair Isaac Corp. Reduce -80.6% 0.21% −0.79
EXPO Exponent Inc. Reduce -1.3% 2.43% −0.64
PLUS Eplus Inc. Reduce -1.3% 1.12% −0.33
BFAM Bright Horizons Family Solut Reduce -1.6% 1.09% −0.26
BLKB Blackbaud Inc. Reduce -1.5% 1.48% −0.18
NEOG Neogen Corp. Reduce -4.3% 0.42% −0.17
STAA Staar Surgical Co. Reduce -4.7% 0.28% −0.15
NVEE NV5 Global Inc. Reduce -6.5% 0.53% −0.15
JJSF J & J Snack Foods Corp. Reduce -1.2% 1.40% −0.11
OPCH Option Care Health Inc. Reduce -5.7% 0.30% −0.11
TECH Bio-Techne Corp. Reduce -1.3% 1.36% −0.11
AXON Axon Enterprise Inc. Reduce -41.6% 1.03% −0.11
STE Steris PLC Reduce -11.6% 0.38% −0.11
FOXF Fox Factory Holding Corp. Reduce -5.2% 0.27% −0.11
MRTN Marten Transport Ltd. Reduce -2.8% 0.85% −0.10
IDXX Idexx Laboratories Inc. Reduce -12.0% 0.31% −0.10
UFPT Ufp Technologies Inc. Reduce -1.2% 0.34% −0.09
IT Gartner Inc. Reduce -11.4% 0.61% −0.08
SPXC SPX Technologies Inc. Reduce -1.4% 1.13% −0.08
POOL Pool Corp. Reduce -7.4% 0.50% −0.07
GPN Global Payments Inc. Reduce -38.2% 0.17% −0.07
CERT Certara Inc. Reduce -0.9% 1.01% −0.07
HLNE Hamilton Lane Inc. Class A Reduce -0.8% 0.66% −0.07
ODFL Old Dominion Freight Line Reduce -12.8% 0.26% −0.06
ICE Intercontinental Exchange Inc. Reduce -11.3% 0.37% −0.06
ROP Roper Technologies Inc. Reduce -11.2% 0.39% −0.06
DCI Donaldson Co. Inc. Reduce -1.3% 0.82% −0.05
COO The Cooper Cos Inc. Reduce -11.3% 0.17% −0.05
CSGP Costar Group Inc. Reduce -7.1% 0.49% −0.04
GO Grocery Outlet Holding Corp. Reduce -1.9% 0.42% −0.04
IEX Idex Corp. Reduce -10.9% 0.40% −0.04
WSO Watsco Inc. Reduce -7.3% 0.52% −0.04
RYAN Ryan Specialty Holdings Inc. Reduce -7.0% 0.53% −0.04
ALGN Align Technology Inc. Reduce -12.2% 0.11% −0.04
ORLY O'reilly Automotive Inc. Reduce -10.7% 0.74% −0.04
FBIN Fortune Brands Innovations I Reduce -11.5% 0.08% −0.03
WDFC WD-40 Co. Reduce -1.2% 0.88% −0.03
VRSK Verisk Analytics Inc. Reduce -11.3% 0.54% −0.03
CPRT Copart Inc. Reduce -14.9% 0.90% −0.03
ETSY Etsy Inc. Sold out 0.00% −0.03
TYL Tyler Technologies Inc. Reduce -3.8% 2.18% −0.03
INTU Intuit Inc. Reduce -10.8% 0.39% −0.03
COST Costco Wholesale Corp. Reduce -30.5% 0.05% −0.02
ADBE Adobe Inc. Reduce -47.4% 0.01% −0.02
BR Broadridge Financial Solutio Reduce -11.2% 0.38% −0.01
APH Amphenol Corp. Class A Reduce -11.0% 0.77% −0.01
VMC Vulcan Materials Co. Reduce -10.3% 0.23% −0.01
MCHP Microchip Technology Inc. Reduce -6.7% 0.02% −0.01

Portfolio Buys Q3 2024 → Q4 2024
GMED Globus Medical Inc. Class A Add +13.6% 2.61% +0.70
HQY Healthequity Inc. Add +24.6% 1.75% +0.59
SPSC SPS Commerce Inc. Add +31.1% 1.86% +0.42
WSC Willscot Holdings Corp. New 0.40% +0.40
CBZ Cbiz Inc. Add +49.7% 0.60% +0.28
VVV Valvoline Inc. Add +56.3% 0.77% +0.22
DV Doubleverify Holdings Inc. Add +0.8% 0.86% +0.14
IWO iShares Russell 2000 Growth Add +67.4% 0.25% +0.11
ROL Rollins Inc. Add +29.3% 0.58% +0.11
CDNS Cadence Design SYS Inc. Add +11.9% 0.44% +0.10
SITE Siteone Landscape Supply Inc. Add +13.9% 1.63% +0.05
BCPC Balchem Corp. Add +5.1% 2.32% +0.03
VBK Van Morst SML-Cap Gro-Usd Inc. New 0.03% +0.03
IJK iShares S&P Mid-Cap 400 Grow New 0.01% +0.01
VLTO Veralto Corp. Add +51.3% 0.02% +0.01
IWP iShares Russell Mid-Cap Grow Add +2.2% 0.05% +0.01
IJT iShares S&P Small-Cap 600 GR New 0.00% +0.00
ECL Ecolab Inc. Add +18.9% 0.03% +0.00
MKTX Marketaxess Holdings Inc. Add +1.1% 0.06% −0.00
HEI.A Heico Corp. Class A Add +0.3% 0.52% −0.03
MPWR Monolithic Power Systems Inc. Add +32.9% 0.37% −0.05
NOVT Novanta Inc. Add +9.3% 2.26% −0.07
WMS Advanced Drainage Systems Inc. Add +5.7% 0.43% −0.10
ONTO Onto Innovation Inc. Add +7.6% 2.92% −0.33

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 119$4.4BRBC, ONTO, ESE, AAON, ROAD
Q1 2026 120$4.7BRBC, ESE, ROAD, GMED, ONTO
Q4 2025 123$5.3BRBC, ROAD, EXLS, GMED, ESE
Q3 2025 121$5.8BRBC, ROAD, EXLS, AAON, ESE
Q2 2025 123$6.0BRBC, ROAD, EXLS, TXRH, ESE
Q1 2025 125$5.4BEXLS, KNSL, RBC, ROAD, TXRH
Q4 2024 131$5.8BROAD, EXLS, AAON, KNSL, RBC
Q3 2024 130$6.0BROAD, ONTO, KNSL, EXPO, AAON
Q2 2024 130$5.5BONTO, ROAD, TXRH, RBC, KNSL
Q1 2024 126$5.7BKNSL, ONTO, ROAD, RBC, AAON