Geneva Capital Management LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Geneva Capital Management LLC reported 125 stock positions worth $5.4 billion. Its top holding was Exlservice (EXLS) at 4.1% of the portfolio, followed by Kinsale Capital (KNSL, 3.7%) and RBC Bearings (RBC, 3.5%). Compared with Q4 2024, it opened 1 new position, sold out of 7, added to 55 and reduced 69. The biggest buy was Exlservice (EXLS, shares +0%) and the biggest sale Doubleverify (DV, shares −64%).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0001009232
Portfolio Value
$5.4B (Q1 2025)
SEC Filing
0001009232-25-000005 ↗ filed May 9, 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 Q4 2024 Q1 2025: $5.4B $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 125 stocks · $5.4B
EXLS Exlservice Holdings Inc. 4.11% 4,655,565 $219.8M Add +0.4%
KNSL Kinsale Capital Group Inc. 3.69% 405,363 $197.3M Add +0.6%
RBC RBC Bearings Inc. 3.54% 589,418 $189.7M Add +1.0%
ROAD Construction Partners Inc. Class A 3.30% 2,459,034 $176.7M Add +0.0%
TXRH Texas Roadhouse Inc. 2.82% 906,397 $151.0M Reduce -0.2%
AAON Aaon Inc. 2.77% 1,897,728 $148.3M Add +13.1%
DSGX The Descartes Systems Grp 2.76% 1,467,921 $148.0M Add +0.6%
EXPO Exponent Inc. 2.64% 1,745,828 $141.5M Add +11.2%
BCPC Balchem Corp. 2.58% 830,813 $137.9M Add +1.4%
GMED Globus Medical Inc. Class A 2.51% 1,833,647 $134.2M Add +1.0%
ESE Esco Technologies Inc. 2.48% 833,786 $132.7M Reduce -0.2%
TYL Tyler Technologies Inc. 2.38% 219,473 $127.6M Add +0.7%
ONTO Onto Innovation Inc. 2.30% 1,015,323 $123.2M Add +0.5%
OLLI Ollie's Bargain Outlet Holdi 2.28% 1,049,459 $122.1M Add +1.1%
NOVT Novanta Inc. 2.23% 934,035 $119.4M Add +9.6%
CWST Casella Waste Systems Inc. Class A 2.13% 1,024,155 $114.2M Reduce -0.1%
TREX Trex Company Inc. 1.74% 1,600,884 $93.0M Add +0.6%
HQY Healthequity Inc. 1.72% 1,043,754 $92.2M Reduce -0.5%
SITE Siteone Landscape Supply Inc. 1.61% 709,271 $86.1M Reduce -0.5%
SPSC SPS Commerce Inc. 1.43% 575,701 $76.4M Reduce -1.1%
ALRM Alarm.com Holdings Inc. 1.36% 1,310,216 $72.9M Add +0.9%
LMAT Lemaitre Vascular Inc. 1.35% 863,749 $72.5M Reduce -0.2%
BFAM Bright Horizons Family Solut 1.34% 566,292 $71.9M Add +0.1%
VERX Vertex Inc. Class A 1.34% 2,043,205 $71.5M Add +42.1%
BLKB Blackbaud Inc. 1.33% 1,146,070 $71.1M Reduce -1.0%
JJSF J & J Snack Foods Corp. 1.28% 520,246 $68.5M Reduce -0.0%
TECH Bio-Techne Corp. 1.20% 1,098,719 $64.4M Add +0.8%
VCEL Vericel Corp. 1.14% 1,365,744 $60.9M Add +24.2%
WDFC WD-40 Co. 1.13% 248,197 $60.6M Add +18.7%
FSV Firstservice Corp. 1.12% 362,293 $60.1M Add +52.3%
SPXC SPX Technologies Inc. 1.07% 446,547 $57.5M Reduce -0.1%
CERT Certara Inc. 1.05% 5,671,689 $56.1M Add +3.9%
AGYS Agilysys Inc. 1.04% 765,363 $55.5M Add +14.9%
PLUS Eplus Inc. 0.99% 870,890 $53.2M Reduce -0.3%
CPRT Copart Inc. 0.97% 921,274 $52.1M Add +1.8%
DORM Dorman Products Inc. 0.97% 430,729 $51.9M Reduce -0.0%
AXON Axon Enterprise Inc. 0.94% 95,716 $50.3M Reduce -3.9%
DCI Donaldson Co. Inc. 0.87% 695,605 $46.6M Reduce -0.4%
DGII Digi International Inc. 0.85% 1,634,661 $45.5M Reduce -0.0%
AX Axos Financial Inc. 0.84% 697,248 $45.0M Reduce -0.4%
ORLY O'reilly Automotive Inc. 0.84% 31,273 $44.8M Reduce -13.0%
ROL Rollins Inc. 0.83% 817,692 $44.2M Add +14.2%
IIIV I3 Verticals Inc. Class A 0.82% 1,786,370 $44.1M Add +0.1%
VVV Valvoline Inc. 0.81% 1,252,659 $43.6M Add +2.6%
MRTN Marten Transport Ltd. 0.81% 3,155,503 $43.3M Add +0.5%
BL Blackline Inc. 0.79% 875,033 $42.4M Reduce -0.2%
FISV Fiserv Inc. 0.77% 186,690 $41.2M Reduce -2.4%
APH Amphenol Corp. Class A 0.77% 625,511 $41.0M Reduce -2.4%
HLNE Hamilton Lane Inc. Class A 0.71% 257,257 $38.2M Add +0.3%
KEYS Keysight Technologies Inc. 0.71% 253,387 $37.9M Add +11.9%
RYAN Ryan Specialty Holdings Inc. 0.68% 495,970 $36.6M Add +3.3%
HEI.A Heico Corp. Class A 0.64% 161,932 $34.2M Add +0.1%
PLMR Palomar Holdings Inc. 0.63% 246,177 $33.7M Reduce -26.8%
WSO Watsco Inc. 0.63% 66,056 $33.6M Add +4.8%
NVEE NV5 Global Inc. 0.62% 1,723,679 $33.2M Add +6.5%
VRSK Verisk Analytics Inc. 0.61% 110,459 $32.9M Reduce -2.5%
CBZ Cbiz Inc. 0.60% 425,004 $32.2M Add +0.4%
CSGP Costar Group Inc. 0.60% 403,205 $31.9M Add +3.2%
CHD Church & Dwight Co. Inc. 0.59% 284,888 $31.4M Add +3.0%
IT Gartner Inc. 0.56% 70,994 $29.8M Reduce -2.3%
BURL Burlington Stores Inc. 0.53% 119,722 $28.5M Add +2.7%
POOL Pool Corp. 0.52% 87,293 $27.8M Add +2.6%
OPCH Option Care Health Inc. 0.51% 781,625 $27.3M Add +5.1%
ROP Roper Technologies Inc. 0.46% 42,201 $24.9M Reduce -2.3%
CDNS Cadence Design SYS Inc. 0.46% 96,277 $24.5M Add +14.1%
ICE Intercontinental Exchange Inc. 0.45% 139,733 $24.1M Reduce -2.3%
WMS Advanced Drainage Systems Inc. 0.45% 221,002 $24.0M Add +3.4%
STE Steris PLC 0.44% 103,825 $23.5M Reduce -2.0%
BR Broadridge Financial Solutio 0.43% 94,275 $22.9M Reduce -2.4%
MLAB Mesa Laboratories Inc. 0.42% 189,312 $22.5M Add +0.2%
MPWR Monolithic Power Systems Inc. 0.42% 38,388 $22.3M Add +5.6%
INTU Intuit Inc. 0.40% 34,533 $21.2M Reduce -2.3%
HUBS HubSpot Inc. 0.37% 34,611 $19.8M Add +12.2%
WSC Willscot Holdings Corp. 0.36% 700,923 $19.5M Add +1.1%
BLFS Biolife Solutions Inc. 0.36% 852,127 $19.5M Reduce -0.1%
RGEN Repligen Corp. 0.34% 143,543 $18.3M Add +5.9%
IEX Idex Corp. 0.34% 100,723 $18.2M Reduce -8.1%
IDXX Idexx Laboratories Inc. 0.33% 42,594 $17.9M Reduce -1.7%
NEOG Neogen Corp. 0.33% 2,011,415 $17.4M Add +0.3%
AZTA Azenta Inc. 0.31% 481,862 $16.7M Reduce -1.4%
UFPT Ufp Technologies Inc. 0.30% 79,266 $16.0M Reduce -0.2%
EPAM Epam Systems Inc. 0.28% 88,612 $15.0M Add +33.6%
ODFL Old Dominion Freight Line 0.25% 81,947 $13.6M Reduce -3.1%
FICO Fair Isaac Corp. 0.25% 7,315 $13.5M Add +23.0%
RJF Raymond James Financial Inc. 0.25% 94,501 $13.1M Reduce -2.4%
FOXF Fox Factory Holding Corp. 0.23% 538,644 $12.6M Add +4.0%
DV Doubleverify Holdings Inc. 0.23% 916,294 $12.3M Reduce -64.4%
VMC Vulcan Materials Co. 0.22% 51,273 $12.0M Reduce -2.3%
IWO iShares Russell 2000 Growth 0.20% 42,701 $10.9M Reduce -15.9%
ULTA Ulta Beauty Inc. 0.16% 23,426 $8.6M Reduce -5.6%
COO The Cooper Cos Inc. 0.16% 101,488 $8.6M Reduce -2.8%
DXCM Dexcom Inc. 0.15% 118,072 $8.1M Add +4.5%
DDOG Datadog Inc. Class A 0.14% 77,111 $7.7M New
SSNC Ss&c Technologies Holdings 0.13% 81,823 $6.8M Reduce -2.7%
TRMB Trimble Inc. 0.13% 102,365 $6.7M Reduce -2.5%
FRPT Freshpet Inc. 0.11% 71,294 $5.9M Reduce -4.8%
GPN Global Payments Inc. 0.10% 53,318 $5.2M Reduce -39.9%
BSY Bentley Systems Inc. Class B 0.09% 124,660 $4.9M Reduce -2.2%
ALGN Align Technology Inc. 0.09% 29,556 $4.7M Reduce -3.4%
LULU Lululemon Athletica Inc. 0.09% 16,468 $4.7M Reduce -2.3%
MKTX Marketaxess Holdings Inc. 0.08% 18,687 $4.0M Add +20.6%
FBIN Fortune Brands Innovations I 0.07% 65,079 $4.0M Reduce -2.4%
COST Costco Wholesale Corp. 0.06% 3,248 $3.1M Reduce -1.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 24,247 $3.0M Reduce -1.7%
V Visa Inc. Class A 0.05% 7,906 $2.8M Reduce -1.7%
MSFT Microsoft Corp. 0.05% 7,279 $2.7M Reduce -1.8%
GNRC Generac Holdings Inc. 0.05% 20,586 $2.6M Reduce -1.7%
IWP iShares Russell Mid-Cap Grow 0.04% 19,376 $2.3M Reduce -11.3%
TMO Thermo Fisher Scientific Inc. 0.04% 4,537 $2.3M Reduce -1.7%
WMT Walmart Inc. 0.04% 25,601 $2.2M Reduce -1.8%
ISRG Intuitive Surgical Inc. 0.04% 4,251 $2.1M Add +14.9%
LOW Lowe's Cos Inc. 0.04% 8,462 $2.0M Reduce -17.7%
DHR Danaher Corp. 0.04% 9,497 $1.9M Reduce -1.8%
CGNX Cognex Corp. 0.04% 65,124 $1.9M Reduce -3.2%
CRL Charles River Laboratories 0.04% 12,797 $1.9M Add +0.1%
MRVL Marvell Technology Inc. 0.03% 30,359 $1.9M Reduce -1.8%
GOOGL Alphabet Inc. Class A 0.03% 11,920 $1.8M Reduce -1.8%
ECL Ecolab Inc. 0.03% 7,176 $1.8M Reduce -1.8%
MSI Motorola Solutions Inc. 0.03% 3,934 $1.7M Reduce -1.7%
SPGI S&P Global Inc. 0.03% 2,884 $1.5M Reduce -1.7%
CRM Salesforce Inc. 0.03% 5,164 $1.4M Reduce -1.7%
VLTO Veralto Corp. 0.02% 11,896 $1.2M Reduce -1.8%
EW Edwards Lifesciences Corp. 0.02% 14,962 $1.1M Reduce -1.8%
ADBE Adobe Inc. 0.01% 1,717 $659K Reduce -1.8%
MCHP Microchip Technology Inc. 0.01% 11,108 $538K Reduce -50.9%

Portfolio Sells Q4 2024 → Q1 2025
DV Doubleverify Holdings Inc. Reduce -64.4% 0.23% −0.63
SPSC SPS Commerce Inc. Reduce -1.1% 1.43% −0.43
GO Grocery Outlet Holding Corp. Sold out 0.00% −0.42
STAA Staar Surgical Co. Sold out 0.00% −0.28
BARNES GROUP INC Sold out 0.00% −0.22
ANSS Ansys Inc. Sold out 0.00% −0.17
BLKB Blackbaud Inc. Reduce -1.0% 1.33% −0.16
BL Blackline Inc. Reduce -0.2% 0.79% −0.13
PLUS Eplus Inc. Reduce -0.3% 0.99% −0.13
JJSF J & J Snack Foods Corp. Reduce -0.0% 1.28% −0.12
AZTA Azenta Inc. Reduce -1.4% 0.31% −0.11
AXON Axon Enterprise Inc. Reduce -3.9% 0.94% −0.09
FRPT Freshpet Inc. Reduce -4.8% 0.11% −0.08
GPN Global Payments Inc. Reduce -39.9% 0.10% −0.07
IEX Idex Corp. Reduce -8.1% 0.34% −0.06
SPXC SPX Technologies Inc. Reduce -0.1% 1.07% −0.05
IT Gartner Inc. Reduce -2.3% 0.56% −0.05
IWO iShares Russell 2000 Growth Reduce -15.9% 0.20% −0.05
UFPT Ufp Technologies Inc. Reduce -0.2% 0.30% −0.04
LMAT Lemaitre Vascular Inc. Reduce -0.2% 1.35% −0.03
ULTA Ulta Beauty Inc. Reduce -5.6% 0.16% −0.03
VBK Van Morst SML-Cap Gro-Usd Inc. Sold out 0.00% −0.03
LULU Lululemon Athletica Inc. Reduce -2.3% 0.09% −0.02
MRVL Marvell Technology Inc. Reduce -1.8% 0.03% −0.02
HQY Healthequity Inc. Reduce -0.5% 1.72% −0.02
ALGN Align Technology Inc. Reduce -3.4% 0.09% −0.02
TXRH Texas Roadhouse Inc. Reduce -0.2% 2.82% −0.02
SITE Siteone Landscape Supply Inc. Reduce -0.5% 1.61% −0.02
BLFS Biolife Solutions Inc. Reduce -0.1% 0.36% −0.02
RJF Raymond James Financial Inc. Reduce -2.4% 0.25% −0.02
MCHP Microchip Technology Inc. Reduce -50.9% 0.01% −0.01
BSY Bentley Systems Inc. Class B Reduce -2.2% 0.09% −0.01
VMC Vulcan Materials Co. Reduce -2.3% 0.22% −0.01
AX Axos Financial Inc. Reduce -0.4% 0.84% −0.01
IJK iShares S&P Mid-Cap 400 Grow Sold out 0.00% −0.01
DGII Digi International Inc. Reduce -0.0% 0.85% −0.01
GNRC Generac Holdings Inc. Reduce -1.7% 0.05% −0.01
LOW Lowe's Cos Inc. Reduce -17.7% 0.04% −0.01
COO The Cooper Cos Inc. Reduce -2.8% 0.16% −0.01
APH Amphenol Corp. Class A Reduce -2.4% 0.77% −0.01
CGNX Cognex Corp. Reduce -3.2% 0.04% −0.01
ODFL Old Dominion Freight Line Reduce -3.1% 0.25% −0.01
IWP iShares Russell Mid-Cap Grow Reduce -11.3% 0.04% −0.01
GOOGL Alphabet Inc. Class A Reduce -1.8% 0.03% −0.01
FBIN Fortune Brands Innovations I Reduce -2.4% 0.07% −0.01
CRM Salesforce Inc. Reduce -1.7% 0.03% −0.00
IJT iShares S&P Small-Cap 600 GR Sold out 0.00% −0.00
MSFT Microsoft Corp. Reduce -1.8% 0.05% −0.00
TRMB Trimble Inc. Reduce -2.5% 0.13% −0.00
DHR Danaher Corp. Reduce -1.8% 0.04% −0.00

Portfolio Buys Q4 2024 → Q1 2025
EXLS Exlservice Holdings Inc. Add +0.4% 4.11% +0.54
RBC RBC Bearings Inc. Add +1.0% 3.54% +0.51
KNSL Kinsale Capital Group Inc. Add +0.6% 3.69% +0.43
FSV Firstservice Corp. Add +52.3% 1.12% +0.38
OLLI Ollie's Bargain Outlet Holdi Add +1.1% 2.28% +0.30
BCPC Balchem Corp. Add +1.4% 2.58% +0.26
BFAM Bright Horizons Family Solut Add +0.1% 1.34% +0.26
WDFC WD-40 Co. Add +18.7% 1.13% +0.25
ROL Rollins Inc. Add +14.2% 0.83% +0.25
EXPO Exponent Inc. Add +11.2% 2.64% +0.22
OPCH Option Care Health Inc. Add +5.1% 0.51% +0.21
TYL Tyler Technologies Inc. Add +0.7% 2.38% +0.20
RYAN Ryan Specialty Holdings Inc. Add +3.3% 0.68% +0.15
DDOG Datadog Inc. Class A New 0.14% +0.14
HEI.A Heico Corp. Class A Add +0.1% 0.64% +0.12
CSGP Costar Group Inc. Add +3.2% 0.60% +0.11
IIIV I3 Verticals Inc. Class A Add +0.1% 0.82% +0.11
WSO Watsco Inc. Add +4.8% 0.63% +0.11
NVEE NV5 Global Inc. Add +6.5% 0.62% +0.09
VCEL Vericel Corp. Add +24.2% 1.14% +0.09
CHD Church & Dwight Co. Inc. Add +3.0% 0.59% +0.08
KEYS Keysight Technologies Inc. Add +11.9% 0.71% +0.08
CPRT Copart Inc. Add +1.8% 0.97% +0.07
HLNE Hamilton Lane Inc. Class A Add +0.3% 0.71% +0.06
VVV Valvoline Inc. Add +2.6% 0.81% +0.05
FICO Fair Isaac Corp. Add +23.0% 0.25% +0.05
MPWR Monolithic Power Systems Inc. Add +5.6% 0.42% +0.04
CERT Certara Inc. Add +3.9% 1.05% +0.04
WMS Advanced Drainage Systems Inc. Add +3.4% 0.45% +0.02
CDNS Cadence Design SYS Inc. Add +14.1% 0.46% +0.02
POOL Pool Corp. Add +2.6% 0.52% +0.02
MKTX Marketaxess Holdings Inc. Add +20.6% 0.08% +0.01
EPAM Epam Systems Inc. Add +33.6% 0.28% +0.01
ISRG Intuitive Surgical Inc. Add +14.9% 0.04% +0.01
VERX Vertex Inc. Class A Add +42.1% 1.34% +0.01
RGEN Repligen Corp. Add +5.9% 0.34% +0.00
CBZ Cbiz Inc. Add +0.4% 0.60% +0.00
DXCM Dexcom Inc. Add +4.5% 0.15% −0.00
HUBS HubSpot Inc. Add +12.2% 0.37% −0.00
CRL Charles River Laboratories Add +0.1% 0.04% −0.01
ALRM Alarm.com Holdings Inc. Add +0.9% 1.36% −0.01
MLAB Mesa Laboratories Inc. Add +0.2% 0.42% −0.01
NOVT Novanta Inc. Add +9.6% 2.23% −0.03
FOXF Fox Factory Holding Corp. Add +4.0% 0.23% −0.04
WSC Willscot Holdings Corp. Add +1.1% 0.36% −0.04
MRTN Marten Transport Ltd. Add +0.5% 0.81% −0.04
BURL Burlington Stores Inc. Add +2.7% 0.53% −0.04
NEOG Neogen Corp. Add +0.3% 0.33% −0.10
GMED Globus Medical Inc. Class A Add +1.0% 2.51% −0.10
DSGX The Descartes Systems Grp Add +0.6% 2.76% −0.11

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