Grandeur Peak Global Advisors, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 16, 2024), Grandeur Peak Global Advisors, LLC reported 121 stock positions worth $1.3 billion. Its top holding was Jfrog (FROG) at 7.5% of the portfolio, followed by Globant (GLOB, 7.0%) and Monolithic Power Systems (MPWR, 5.1%). Compared with Q4 2023, it opened 16 new positions, sold out of 9, added to 38 and reduced 58. The biggest buy was a new position in Cyberark Software Ltd./Israel (CYBR) and the biggest sale Endava PLC- Spon ADR (DAVA, shares −74%).

Most Recent 13F
Q2 2026
Location
SALT LAKE CITY, UT
CIK
0001569137
Portfolio Value
$1.3B (Q1 2024)
SEC Filing
0001569137-24-000003 ↗ filed May 16, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.3B $1.3B Q1 2024 Q2 2024: $1.3B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $901.8M Q1 2025 Q2 2025: $829.9M Q2 2025 Q3 2025: $745.4M Q3 2025 Q4 2025: $742.8M Q4 2025 Q1 2026: $426.8M Q1 2026 Q2 2026: $432.1M Q2 2026

Holdings 121 stocks · $1.3B
FROG Jfrog Ltd. 7.54% 2,148,114 $95.0M Reduce -6.0%
GLOB Globant SA 7.03% 438,504 $88.5M Reduce -28.9%
MPWR Monolithic Power Systems Inc. 5.11% 94,911 $64.3M Reduce -14.1%
ICLR Icon PLC 4.69% 175,688 $59.0M Reduce -12.3%
LFUS Littelfuse Inc. 4.58% 238,098 $57.7M Reduce -0.9%
PAX Patria Investments Ltd. Class A 4.43% 3,757,943 $55.8M Reduce -2.8%
LULU Lululemon Athletica Inc. 3.03% 97,803 $38.2M Add +17.2%
ESTC Elastic NV 2.81% 352,575 $35.3M Add +9.7%
QGEN Qiagen NV 2.62% 767,697 $33.0M Reduce -10.3%
NET Cloudflare Inc. Class A 2.58% 335,406 $32.5M Reduce -26.8%
PJT PJT Partners Inc. Class A 2.51% 335,461 $31.6M Reduce -10.4%
CYBR Cyberark Software Ltd./Israel 1.94% 92,082 $24.5M New
QLYS Qualys Inc. 1.63% 122,761 $20.5M Reduce -17.4%
DSGX The Descartes Systems Grp 1.53% 210,455 $19.3M New
OLLI Ollie's Bargain Outlet Holdi 1.50% 237,943 $18.9M Reduce -0.3%
CRWD CrowdStrike Holdings Inc. Class A 1.46% 57,292 $18.4M Reduce -45.0%
DOCN Digitalocean Holdings Inc. 1.40% 462,216 $17.6M Add +1.6%
CRL Charles River Laboratories 1.36% 63,083 $17.1M Reduce -14.3%
DAVA Endava PLC- Spon ADR 1.35% 447,055 $17.0M Reduce -74.4%
FIVE Five Below 1.34% 93,170 $16.9M Add +8.2%
RPC Ridgepost Capital Inc. Class A filed as P10 INC 1.31% 1,952,325 $16.4M Add +1.1%
SLAB Silicon Laboratories Inc. 1.28% 112,508 $16.2M Add +0.1%
NVMI Nova Ltd. 1.21% 85,666 $15.2M New
GIC Global Industrial Co. 1.18% 331,321 $14.8M Reduce -23.9%
NVEE NV5 Global Inc. 1.15% 148,265 $14.5M Reduce -3.6%
EVR Evercore Inc. Class A 1.13% 73,742 $14.2M Reduce -13.5%
ETSY Etsy Inc. 0.99% 181,116 $12.4M Add +53.9%
ATMU Atmus Filtration Technologie 0.98% 381,159 $12.3M New
SHLS Shoals Technologies Group -A 0.98% 1,099,246 $12.3M Add +15.9%
PD Pagerduty Inc. 0.95% 528,842 $12.0M Add +8.5%
ARES Ares Management Corp. Class A 0.94% 89,107 $11.8M Reduce -9.4%
MEDP Medpace Holdings Inc. 0.92% 28,511 $11.5M Reduce -23.2%
HDB HDFC Bank Ltd.-ADR 0.84% 189,245 $10.6M No change
ATRC Atricure Inc. 0.83% 345,030 $10.5M Add +49.0%
VINP Vinci Compass Investments LT filed as VINCI PARTNERS INVTS LTD 0.78% 864,851 $9.8M Add +0.6%
NEOG Neogen Corp. 0.78% 619,159 $9.8M Add +23.2%
VTMX Corp. Inmobiliaria Vesta-ADR filed as VESTA REAL ESTATE CORP 0.75% 239,835 $9.4M No change
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.74% 242,303 $9.3M New
HLI Houlihan Lokey Inc. 0.74% 72,481 $9.3M Reduce -14.9%
SITM Sitime Corp. 0.71% 95,281 $8.9M Add +34.7%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.67% 50,140 $8.4M Add +10.5%
PODD Insulet Corp. 0.61% 44,607 $7.6M Add +6.2%
NTB Bank of N.T. Butterfield&son 0.60% 234,783 $7.5M Reduce -21.3%
TW Tradeweb Markets Inc. Class A 0.60% 72,084 $7.5M Reduce -11.3%
PWP Perella Weinberg Partners 0.59% 521,712 $7.4M Add +3.1%
WSC Willscot Holdings Corp. 0.58% 155,854 $7.2M New
ALGN Align Technology Inc. 0.56% 21,429 $7.0M Add +0.9%
HCKT The Hackett Group Inc. 0.56% 288,412 $7.0M Add +0.2%
TXRH Texas Roadhouse Inc. 0.55% 45,118 $7.0M Reduce -33.5%
WHD Cactus Inc. Class A 0.55% 138,297 $6.9M Add +10.7%
CNM Core & Main Inc. Class A 0.50% 110,224 $6.3M New
MKTX Marketaxess Holdings Inc. 0.50% 28,476 $6.2M Add +0.6%
SVV Savers Value Village Inc. 0.49% 322,188 $6.2M Reduce -0.3%
SKX Skechers USA Inc. Class A 0.48% 98,286 $6.0M Add +1369.6%
FORM Formfactor Inc. 0.45% 123,456 $5.6M New
REXR Rexford Industrial Realty Inc. 0.45% 111,879 $5.6M Add +4.8%
GSHD Goosehead Insurance Inc. Class A 0.44% 82,564 $5.5M Add +159.8%
MC Moelis & Co. Class A 0.41% 91,914 $5.2M Reduce -25.8%
ENSG The Ensign Group Inc. 0.41% 41,529 $5.2M New
PAYC Paycom Software Inc. 0.41% 25,812 $5.1M Reduce -63.7%
TPG TPG Inc. 0.39% 109,305 $4.9M Add +21.9%
NSP Insperity Inc. 0.38% 43,984 $4.8M Add +0.3%
HQY Healthequity Inc. 0.38% 58,980 $4.8M Add +2377.1%
CWAN Clearwater Analytics HDS-A 0.37% 266,420 $4.7M New
ZS Zscaler Inc. 0.36% 23,839 $4.6M Add +14.9%
TRS Trimas Corp. 0.36% 169,178 $4.5M Reduce -24.3%
BBSI Barrett Business SVCS Inc. 0.34% 34,268 $4.3M Reduce -3.9%
BURL Burlington Stores Inc. 0.33% 17,680 $4.1M New
MRVL Marvell Technology Inc. 0.32% 57,645 $4.1M Add +3.9%
ESQ Esquire Financial Holdings I 0.32% 85,695 $4.1M Add +50.0%
XP XP Inc. Class A 0.32% 158,446 $4.1M No change
POWI Power Integrations Inc. 0.32% 56,115 $4.0M Reduce -3.4%
POOL Pool Corp. 0.30% 9,380 $3.8M Reduce -41.0%
DXCM Dexcom Inc. 0.29% 26,691 $3.7M Reduce -8.6%
IDXX Idexx Laboratories Inc. 0.29% 6,841 $3.7M Reduce -9.6%
URI United Rentals Inc. 0.28% 4,899 $3.5M Add +4.6%
CPNG Coupang Inc. 0.27% 192,293 $3.4M Reduce -3.0%
QCOM Qualcomm Inc. 0.26% 19,448 $3.3M New
TRNO Terreno Realty Corp. 0.26% 49,415 $3.3M Reduce -55.8%
HUBS HubSpot Inc. 0.25% 5,081 $3.2M Reduce -42.3%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.23% 2,801 $2.8M Add +2.8%
APO Apollo Global Management Inc. 0.22% 25,068 $2.8M Add +38.6%
MELI MercadoLibre Inc. 0.19% 1,588 $2.4M Reduce -58.4%
BWMN Bowman Consulting Group Ltd. 0.18% 64,598 $2.2M Reduce -28.2%
PNTG The Pennant Group Inc. 0.18% 113,358 $2.2M New
PCTY Paylocity Holding Corp. 0.17% 12,311 $2.1M Reduce -52.0%
FAST Fastenal Co. 0.16% 26,740 $2.1M Add +4.4%
HCSG Healthcare Services Group 0.14% 140,809 $1.8M No change
OWL Blue Owl Capital Inc. 0.13% 84,529 $1.6M No change
FND Floor & Decor Holdings Inc. Class A 0.12% 11,949 $1.5M Reduce -16.6%
CINT Ci&t Inc./United States-A 0.12% 352,033 $1.5M Reduce -71.5%
PLBC Plumas Bancorp 0.11% 39,016 $1.4M No change
DG Dollar General Corp. 0.09% 7,609 $1.2M Reduce -47.1%
TECH Bio-Techne Corp. 0.09% 16,401 $1.2M No change
PAGS Pagseguro Digital Ltd. Class A 0.09% 78,475 $1.1M Reduce -71.7%
WAL Western Alliance Bancorp 0.09% 17,255 $1.1M Reduce -18.7%
SQSP Squarespace Inc. Class A 0.09% 29,851 $1.1M Reduce -3.3%
GIL Gildan Activewear Inc. 0.09% 29,170 $1.1M No change
MXCT Maxcyte Inc. 0.08% 250,743 $1.1M Reduce -61.8%
DORM Dorman Products Inc. 0.08% 10,714 $1.0M New
BILL Bill Holdings Inc. 0.07% 13,065 $898K Add +0.3%
SMAR Smartsheet Inc. Class A 0.07% 23,026 $887K Reduce -77.3%
DDOG Datadog Inc. Class A 0.07% 7,121 $880K Reduce -70.3%
MNDY Monday.com Ltd. 0.07% 3,790 $856K Reduce -18.5%
DCBO Docebo Inc. 0.07% 17,025 $833K Add +3.6%
FRPT Freshpet Inc. 0.06% 6,930 $803K Reduce -34.4%
DOCS Doximity Inc. Class A 0.06% 29,653 $798K Reduce -78.3%
TMCI Treace Medical Concepts Inc. 0.06% 55,279 $721K Add +160.7%
DLR Digital Realty Trust Inc. 0.06% 4,956 $714K Reduce -35.3%
GNTX Gentex Corp. 0.05% 16,311 $589K New
WIX Wix.com Ltd. 0.04% 3,829 $526K Add +163.7%
MSCI MSCI Inc. 0.04% 919 $515K Reduce -34.5%
GTLB Gitlab Inc. Class A 0.04% 7,716 $450K Reduce -16.3%
ARE Alexandria Real Estate Equit 0.04% 3,486 $449K Reduce -94.7%
JYNT The Joint Corp. 0.03% 30,147 $394K Reduce -61.0%
CROX Crocs Inc. 0.03% 2,690 $387K Reduce -27.9%
FIGS Figs Inc. Class A 0.03% 73,388 $365K Add +22.4%
LOVE The Lovesac Co. 0.02% 10,945 $247K New
CTKB Cytek Biosciences Inc. 0.02% 33,131 $222K No change
ROST Ross Stores Inc. 0.01% 1,171 $172K Reduce -69.6%
MCHP Microchip Technology Inc. 0.01% 1,426 $128K Reduce -97.3%

Portfolio Sells Q4 2023 → Q1 2024
DAVA Endava PLC- Spon ADR Reduce -74.4% 1.35% −8.22
GLOB Globant SA Reduce -28.9% 7.03% −3.30
PAYC Paycom Software Inc. Reduce -63.7% 0.41% −0.63
ARE Alexandria Real Estate Equit Reduce -94.7% 0.04% −0.55
QLYS Qualys Inc. Reduce -17.4% 1.63% −0.43
CRWD CrowdStrike Holdings Inc. Class A Reduce -45.0% 1.46% −0.41
NVST Envista Holdings Corp. Sold out 0.00% −0.38
CINT Ci&t Inc./United States-A Reduce -71.5% 0.12% −0.34
MCHP Microchip Technology Inc. Reduce -97.3% 0.01% −0.32
WNS WNS Holdings Ltd.-ADR Sold out 0.00% −0.30
PLNT Planet Fitness Inc. Class A Sold out 0.00% −0.28
SMAR Smartsheet Inc. Class A Reduce -77.3% 0.07% −0.27
TRNO Terreno Realty Corp. Reduce -55.8% 0.26% −0.23
MELI MercadoLibre Inc. Reduce -58.4% 0.19% −0.23
INDA iShares MSCI India ETF Sold out 0.00% −0.22
DOCS Doximity Inc. Class A Reduce -78.3% 0.06% −0.21
PJT PJT Partners Inc. Class A Reduce -10.4% 2.51% −0.17
PAGS Pagseguro Digital Ltd. Class A Reduce -71.7% 0.09% −0.15
POOL Pool Corp. Reduce -41.0% 0.30% −0.15
DDOG Datadog Inc. Class A Reduce -70.3% 0.07% −0.14
MXCT Maxcyte Inc. Reduce -61.8% 0.08% −0.13
PCTY Paylocity Holding Corp. Reduce -52.0% 0.17% −0.13
HUBS HubSpot Inc. Reduce -42.3% 0.25% −0.11
SFM Sprouts Farmers Market Inc. Sold out 0.00% −0.11
NET Cloudflare Inc. Class A Reduce -26.8% 2.58% −0.11
NTB Bank of N.T. Butterfield&son Reduce -21.3% 0.60% −0.08
MC Moelis & Co. Class A Reduce -25.8% 0.41% −0.07
NVEE NV5 Global Inc. Reduce -3.6% 1.15% −0.05
BWMN Bowman Consulting Group Ltd. Reduce -28.2% 0.18% −0.05
DG Dollar General Corp. Reduce -47.1% 0.09% −0.04
TRS Trimas Corp. Reduce -24.3% 0.36% −0.04
CHWY Chewy Inc. Class A Sold out 0.00% −0.04
IIIV I3 Verticals Inc. Class A Sold out 0.00% −0.04
TXRH Texas Roadhouse Inc. Reduce -33.5% 0.55% −0.03
RVLV Revolve Group Inc. Class A Sold out 0.00% −0.03
ROST Ross Stores Inc. Reduce -69.6% 0.01% −0.02
JYNT The Joint Corp. Reduce -61.0% 0.03% −0.02
POWI Power Integrations Inc. Reduce -3.4% 0.32% −0.02
DLR Digital Realty Trust Inc. Reduce -35.3% 0.06% −0.02
MSCI MSCI Inc. Reduce -34.5% 0.04% −0.01
LMAT Lemaitre Vascular Inc. Sold out 0.00% −0.01
GIC Global Industrial Co. Reduce -23.9% 1.18% −0.01
WAL Western Alliance Bancorp Reduce -18.7% 0.09% −0.01
GTLB Gitlab Inc. Class A Reduce -16.3% 0.04% −0.01
IDXX Idexx Laboratories Inc. Reduce -9.6% 0.29% −0.00
FRPT Freshpet Inc. Reduce -34.4% 0.06% −0.00
QGEN Qiagen NV Reduce -10.3% 2.62% +0.00
CROX Crocs Inc. Reduce -27.9% 0.03% +0.01
MNDY Monday.com Ltd. Reduce -18.5% 0.07% +0.01
FND Floor & Decor Holdings Inc. Class A Reduce -16.6% 0.12% +0.01

Portfolio Buys Q4 2023 → Q1 2024
CYBR Cyberark Software Ltd./Israel New 1.94% +1.94
DSGX The Descartes Systems Grp New 1.53% +1.53
NVMI Nova Ltd. New 1.21% +1.21
ATMU Atmus Filtration Technologie New 0.98% +0.98
YETI Yeti Holdings Inc. New 0.74% +0.74
WSC Willscot Holdings Corp. New 0.58% +0.58
CNM Core & Main Inc. Class A New 0.50% +0.50
SKX Skechers USA Inc. Class A Add +1369.6% 0.48% +0.45
FORM Formfactor Inc. New 0.45% +0.45
ENSG The Ensign Group Inc. New 0.41% +0.41
CWAN Clearwater Analytics HDS-A New 0.37% +0.37
HQY Healthequity Inc. Add +2377.1% 0.38% +0.37
BURL Burlington Stores Inc. New 0.33% +0.33
ETSY Etsy Inc. Add +53.9% 0.99% +0.32
GSHD Goosehead Insurance Inc. Class A Add +159.8% 0.44% +0.27
QCOM Qualcomm Inc. New 0.26% +0.26
ESTC Elastic NV Add +9.7% 2.81% +0.26
ATRC Atricure Inc. Add +49.0% 0.83% +0.25
SLAB Silicon Laboratories Inc. Add +0.1% 1.28% +0.24
DOCN Digitalocean Holdings Inc. Add +1.6% 1.40% +0.23
HRI Herc Holdings Inc. Add +10.5% 0.67% +0.19
PNTG The Pennant Group Inc. New 0.18% +0.18
PD Pagerduty Inc. Add +8.5% 0.95% +0.16
WHD Cactus Inc. Class A Add +10.7% 0.55% +0.15
PWP Perella Weinberg Partners Add +3.1% 0.59% +0.15
ALGN Align Technology Inc. Add +0.9% 0.56% +0.15
ESQ Esquire Financial Holdings I Add +50.0% 0.32% +0.12
TPG TPG Inc. Add +21.9% 0.39% +0.12
VINP Vinci Compass Investments LT Add +0.6% 0.78% +0.11
APO Apollo Global Management Inc. Add +38.6% 0.22% +0.11
SITM Sitime Corp. Add +34.7% 0.71% +0.10
HCKT The Hackett Group Inc. Add +0.2% 0.56% +0.09
URI United Rentals Inc. Add +4.6% 0.28% +0.09
MRVL Marvell Technology Inc. Add +3.9% 0.32% +0.09
DORM Dorman Products Inc. New 0.08% +0.08
GWW WW Grainger Inc. Add +2.8% 0.23% +0.07
NEOG Neogen Corp. Add +23.2% 0.78% +0.06
FIVE Five Below Add +8.2% 1.34% +0.05
FAST Fastenal Co. Add +4.4% 0.16% +0.05
GNTX Gentex Corp. New 0.05% +0.05
ZS Zscaler Inc. Add +14.9% 0.36% +0.04
TMCI Treace Medical Concepts Inc. Add +160.7% 0.06% +0.04
WIX Wix.com Ltd. Add +163.7% 0.04% +0.03
LULU Lululemon Athletica Inc. Add +17.2% 3.03% +0.03
REXR Rexford Industrial Realty Inc. Add +4.8% 0.45% +0.03
NSP Insperity Inc. Add +0.3% 0.38% +0.02
LOVE The Lovesac Co. New 0.02% +0.02
DCBO Docebo Inc. Add +3.6% 0.07% +0.01
FIGS Figs Inc. Class A Add +22.4% 0.03% −0.00
BILL Bill Holdings Inc. Add +0.3% 0.07% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 75$432.1MKAI, MPWR, ITT, NVT, TBBB
Q1 2026 86$426.8MMRX, MPWR, TBBB, KAI, ITT
Q4 2025 102$742.8MFROG, MRX, MPWR, TBBB, DSGX
Q3 2025 104$745.4MMPWR, FROG, MRX, TBBB, DSGX
Q2 2025 104$829.9MFROG, MRX, MPWR, CYBR, TBBB
Q1 2025 112$901.8MFROG, MRX, TBBB, LULU, CYBR
Q4 2024 126$1.1BLULU, GLOB, FROG, CYBR, TBBB
Q3 2024 133$1.2BGLOB, FROG, LULU, LFUS, CYBR
Q2 2024 131$1.3BFROG, MPWR, GLOB, LFUS, ICLR
Q1 2024 121$1.3BFROG, GLOB, MPWR, ICLR, LFUS