Grandeur Peak Global Advisors, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Grandeur Peak Global Advisors, LLC reported 133 stock positions worth $1.2 billion. Its top holding was Globant (GLOB) at 6.7% of the portfolio, followed by Jfrog (FROG, 6.4%) and Lululemon Athletica (LULU, 5.3%). Compared with Q2 2024, it opened 14 new positions, sold out of 12, added to 41 and reduced 65. The biggest buy was Lululemon Athletica (LULU, shares +130%) and the biggest sale Monolithic Power Systems (MPWR, shares −56%).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0001569137
- Portfolio Value
- $1.2B (Q3 2024)
- SEC Filing
- 0001569137-24-000007 ↗ filed Nov 14, 2024
Holdings Value
Holdings 133 stocks · $1.2B
| GLOB Globant SA | 6.66% | 405,251 | $80.3M | Add +16.3% |
| FROG Jfrog Ltd. | 6.43% | 2,672,204 | $77.6M | Add +15.6% |
| LULU Lululemon Athletica Inc. | 5.27% | 234,392 | $63.6M | Add +129.9% |
| LFUS Littelfuse Inc. | 3.74% | 170,093 | $45.1M | Reduce -21.4% |
| CYBR Cyberark Software Ltd./Israel | 3.33% | 137,783 | $40.2M | Add +15.6% |
| TBBB BBB Foods Inc. Class A | 3.19% | 1,282,518 | $38.5M | Add +29.2% |
| PAX Patria Investments Ltd. Class A | 3.18% | 3,435,173 | $38.4M | Reduce -5.8% |
| MPWR Monolithic Power Systems Inc. | 3.03% | 39,482 | $36.5M | Reduce -56.3% |
| QGEN Qiagen NV | 3.01% | 796,254 | $36.3M | Add +3.7% |
| ESTC Elastic NV | 2.86% | 449,957 | $34.5M | Add +22.5% |
| NET Cloudflare Inc. Class A | 2.71% | 403,410 | $32.6M | Reduce -2.3% |
| DSGX The Descartes Systems Grp | 1.97% | 230,825 | $23.8M | No change |
| DAVA Endava PLC- Spon ADR | 1.70% | 803,330 | $20.5M | Reduce -6.6% |
| FIVE Five Below | 1.58% | 216,321 | $19.1M | Add +41.7% |
| ICLR Icon PLC | 1.56% | 65,681 | $18.9M | Reduce -62.7% |
| PJT PJT Partners Inc. Class A | 1.48% | 134,170 | $17.9M | Reduce -53.9% |
| STN Stantec Inc. | 1.39% | 208,500 | $16.8M | Add +25.5% |
| PWP Perella Weinberg Partners | 1.39% | 865,274 | $16.7M | Add +80.8% |
| MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC | 1.38% | 706,128 | $16.7M | Add +1416.1% |
| STVN Stevanato Group SPA | 1.33% | 799,194 | $16.0M | Add +38.7% |
| NVT Nvent Electric PLC | 1.27% | 218,537 | $15.4M | Add +21.2% |
| DOCN Digitalocean Holdings Inc. | 1.22% | 364,381 | $14.7M | Reduce -9.3% |
| GO Grocery Outlet Holding Corp. | 1.15% | 793,161 | $13.9M | Add +417.0% |
| SLAB Silicon Laboratories Inc. | 1.14% | 119,003 | $13.8M | Add +13.0% |
| RPC Ridgepost Capital Inc. Class A filed as P10 INC | 1.13% | 1,269,021 | $13.6M | Reduce -8.5% |
| CWAN Clearwater Analytics HDS-A | 1.01% | 484,281 | $12.2M | Add +0.3% |
| SITM Sitime Corp. | 1.01% | 70,801 | $12.1M | Reduce -14.3% |
| NVEE NV5 Global Inc. | 0.97% | 125,016 | $11.7M | Reduce -9.2% |
| BURL Burlington Stores Inc. | 0.96% | 43,751 | $11.5M | Reduce -10.9% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.95% | 278,423 | $11.4M | Add +7.4% |
| QLYS Qualys Inc. | 0.94% | 87,829 | $11.3M | Reduce -12.4% |
| NVMI Nova Ltd. | 0.90% | 52,130 | $10.9M | Reduce -38.3% |
| ALG Alamo Group Inc. | 0.86% | 57,346 | $10.3M | New |
| HQY Healthequity Inc. | 0.85% | 125,811 | $10.3M | Add +18.5% |
| CRL Charles River Laboratories | 0.83% | 50,543 | $10.0M | Reduce -32.0% |
| DORM Dorman Products Inc. | 0.78% | 83,492 | $9.4M | Reduce -16.4% |
| ETSY Etsy Inc. | 0.78% | 169,966 | $9.4M | Reduce -2.4% |
| MEDP Medpace Holdings Inc. | 0.78% | 28,100 | $9.4M | Add +32.2% |
| ATRC Atricure Inc. | 0.77% | 329,269 | $9.2M | Reduce -11.8% |
| GIC Global Industrial Co. | 0.75% | 264,923 | $9.0M | Reduce -15.3% |
| ARES Ares Management Corp. Class A | 0.74% | 57,166 | $8.9M | Reduce -21.3% |
| VINP Vinci Compass Investments LT filed as VINCI PARTNERS INVTS LTD | 0.71% | 862,585 | $8.6M | Reduce -0.3% |
| HDB HDFC Bank Ltd.-ADR | 0.67% | 129,725 | $8.1M | Reduce -31.4% |
| PACS Pacs Group Inc. | 0.66% | 200,538 | $8.0M | Reduce -29.6% |
| GSHD Goosehead Insurance Inc. Class A | 0.66% | 89,360 | $8.0M | Reduce -2.9% |
| NEOG Neogen Corp. | 0.64% | 461,389 | $7.8M | Reduce -24.3% |
| HRI Herc Holdings Inc. filed as HERC HLDGS INC | 0.61% | 46,201 | $7.4M | Add +7.8% |
| OLLI Ollie's Bargain Outlet Holdi | 0.61% | 75,324 | $7.3M | Reduce -64.7% |
| HCKT The Hackett Group Inc. | 0.59% | 272,133 | $7.1M | Reduce -5.6% |
| SKX Skechers USA Inc. Class A | 0.59% | 106,324 | $7.1M | Add +12.6% |
| VTMX Corp. Inmobiliaria Vesta-ADR filed as VESTA REAL ESTATE CORP | 0.57% | 257,033 | $6.9M | Add +0.3% |
| ESQ Esquire Financial Holdings I | 0.56% | 104,366 | $6.8M | Reduce -0.5% |
| PRIM Primoris Services Corp. | 0.54% | 111,492 | $6.5M | Add +19.8% |
| TXRH Texas Roadhouse Inc. | 0.53% | 36,237 | $6.4M | Add +1.8% |
| CNM Core & Main Inc. Class A | 0.52% | 142,094 | $6.3M | Add +43.2% |
| PNTG The Pennant Group Inc. | 0.50% | 170,097 | $6.1M | Add +3.1% |
| ENSG The Ensign Group Inc. | 0.50% | 42,033 | $6.0M | Add +6.1% |
| ALGN Align Technology Inc. | 0.48% | 22,641 | $5.8M | Add +8.3% |
| EVR Evercore Inc. Class A | 0.47% | 22,291 | $5.6M | Reduce -67.0% |
| HLI Houlihan Lokey Inc. | 0.46% | 35,239 | $5.6M | Reduce -41.1% |
| KLIC Kulicke & Soffa Industries | 0.46% | 121,676 | $5.5M | New |
| PODD Insulet Corp. | 0.45% | 23,175 | $5.4M | Reduce -54.5% |
| TW Tradeweb Markets Inc. Class A | 0.41% | 40,448 | $5.0M | Reduce -34.1% |
| WSC Willscot Holdings Corp. | 0.40% | 128,555 | $4.8M | Reduce -14.4% |
| REXR Rexford Industrial Realty Inc. | 0.40% | 94,771 | $4.8M | Reduce -12.6% |
| ULTA Ulta Beauty Inc. | 0.39% | 12,127 | $4.7M | New |
| FORM Formfactor Inc. | 0.39% | 101,642 | $4.7M | Add +1.2% |
| PD Pagerduty Inc. | 0.37% | 240,129 | $4.5M | Reduce -46.5% |
| ZS Zscaler Inc. | 0.36% | 25,467 | $4.4M | Add +24.3% |
| MKTX Marketaxess Holdings Inc. | 0.36% | 16,819 | $4.3M | Reduce -8.1% |
| MOD Modine Manufacturing Co. | 0.34% | 30,723 | $4.1M | New |
| ATMU Atmus Filtration Technologie | 0.34% | 108,637 | $4.1M | Reduce -36.5% |
| TPG TPG Inc. | 0.34% | 70,496 | $4.1M | Reduce -6.0% |
| OWL Blue Owl Capital Inc. | 0.32% | 200,388 | $3.9M | Add +8.9% |
| NSP Insperity Inc. | 0.32% | 43,616 | $3.8M | Reduce -0.8% |
| CPNG Coupang Inc. | 0.30% | 147,273 | $3.6M | Reduce -11.1% |
| DXCM Dexcom Inc. | 0.29% | 52,625 | $3.5M | Add +101.9% |
| S Sentinelone Inc. Class A | 0.29% | 146,144 | $3.5M | New |
| BBSI Barrett Business SVCS Inc. | 0.29% | 92,085 | $3.5M | Reduce -17.1% |
| XP XP Inc. Class A | 0.26% | 176,192 | $3.2M | No change |
| WHD Cactus Inc. Class A | 0.25% | 51,507 | $3.1M | Reduce -52.0% |
| WAL Western Alliance Bancorp | 0.25% | 34,639 | $3.0M | Add +100.8% |
| TREX Trex Company Inc. | 0.25% | 44,781 | $3.0M | New |
| SHLS Shoals Technologies Group -A | 0.24% | 513,766 | $2.9M | Reduce -59.4% |
| EME Emcor Group Inc. | 0.23% | 6,344 | $2.7M | New |
| FCFS Firstcash Holdings Inc. | 0.21% | 22,548 | $2.6M | New |
| MELI MercadoLibre Inc. | 0.21% | 1,217 | $2.5M | Reduce -23.4% |
| URI United Rentals Inc. | 0.19% | 2,880 | $2.3M | Reduce -41.2% |
| APO Apollo Global Management Inc. | 0.19% | 18,604 | $2.3M | Reduce -2.8% |
| DG Dollar General Corp. | 0.18% | 25,999 | $2.2M | Add +3254.7% |
| KKR KKR & Co. Inc. | 0.17% | 15,499 | $2.0M | Add +10.6% |
| BWMN Bowman Consulting Group Ltd. | 0.16% | 79,598 | $1.9M | No change |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.16% | 1,827 | $1.9M | Reduce -34.8% |
| IDXX Idexx Laboratories Inc. | 0.15% | 3,645 | $1.8M | Reduce -49.0% |
| SPSC SPS Commerce Inc. | 0.14% | 8,829 | $1.7M | New |
| PLBC Plumas Bancorp | 0.12% | 36,016 | $1.5M | Reduce -7.7% |
| VRT Vertiv Holdings Co. Class A | 0.12% | 14,731 | $1.5M | New |
| FND Floor & Decor Holdings Inc. Class A | 0.12% | 11,618 | $1.4M | Add +68.7% |
| MBUU Malibu Boats Inc. Class A | 0.11% | 33,305 | $1.3M | New |
| HCSG Healthcare Services Group | 0.10% | 109,976 | $1.2M | Add +21.4% |
Portfolio Sells Q2 2024 → Q3 2024
| MPWR Monolithic Power Systems Inc. | Reduce -56.3% | 3.03% | −2.91 |
| ICLR Icon PLC | Reduce -62.7% | 1.56% | −2.85 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -96.2% | 0.05% | −1.63 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -64.7% | 0.61% | −1.06 |
| PJT PJT Partners Inc. Class A | Reduce -53.9% | 1.48% | −1.02 |
| NVMI Nova Ltd. | Reduce -38.3% | 0.90% | −0.68 |
| LFUS Littelfuse Inc. | Reduce -21.4% | 3.74% | −0.68 |
| EVR Evercore Inc. Class A | Reduce -67.0% | 0.47% | −0.65 |
| PD Pagerduty Inc. | Reduce -46.5% | 0.37% | −0.45 |
| CRL Charles River Laboratories | Reduce -32.0% | 0.83% | −0.40 |
| SHLS Shoals Technologies Group -A | Reduce -59.4% | 0.24% | −0.39 |
| PODD Insulet Corp. | Reduce -54.5% | 0.45% | −0.37 |
| PAX Patria Investments Ltd. Class A | Reduce -5.8% | 3.18% | −0.33 |
| TRS Trimas Corp. | Sold out | 0.00% | −0.33 |
| DAVA Endava PLC- Spon ADR | Reduce -6.6% | 1.70% | −0.31 |
| HDB HDFC Bank Ltd.-ADR | Reduce -31.4% | 0.67% | −0.30 |
| NTB Bank of N.T. Butterfield&son | Sold out | 0.00% | −0.24 |
| SVV Savers Value Village Inc. | Sold out | 0.00% | −0.24 |
| MC Moelis & Co. Class A | Sold out | 0.00% | −0.23 |
| MRVL Marvell Technology Inc. | Reduce -75.5% | 0.08% | −0.22 |
| QLYS Qualys Inc. | Reduce -12.4% | 0.94% | −0.21 |
| WHD Cactus Inc. Class A | Reduce -52.0% | 0.25% | −0.20 |
| POWI Power Integrations Inc. | Sold out | 0.00% | −0.19 |
| HLI Houlihan Lokey Inc. | Reduce -41.1% | 0.46% | −0.18 |
| HUBS HubSpot Inc. | Reduce -68.7% | 0.07% | −0.16 |
| POOL Pool Corp. | Reduce -94.7% | 0.01% | −0.13 |
| IDXX Idexx Laboratories Inc. | Reduce -49.0% | 0.15% | −0.13 |
| NEOG Neogen Corp. | Reduce -24.3% | 0.64% | −0.12 |
| TRNO Terreno Realty Corp. | Reduce -74.9% | 0.05% | −0.12 |
| TW Tradeweb Markets Inc. Class A | Reduce -34.1% | 0.41% | −0.10 |
| NSSC Napco Security Technologies | Sold out | 0.00% | −0.08 |
| URI United Rentals Inc. | Reduce -41.2% | 0.19% | −0.06 |
| ATMU Atmus Filtration Technologie | Reduce -36.5% | 0.34% | −0.06 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.05 |
| NVEE NV5 Global Inc. | Reduce -9.2% | 0.97% | −0.05 |
| WSC Willscot Holdings Corp. | Reduce -14.4% | 0.40% | −0.05 |
| GWW WW Grainger Inc. | Reduce -34.8% | 0.16% | −0.04 |
| VINP Vinci Compass Investments LT | Reduce -0.3% | 0.71% | −0.04 |
| ETSY Etsy Inc. | Reduce -2.4% | 0.78% | −0.04 |
| GIC Global Industrial Co. | Reduce -15.3% | 0.75% | −0.04 |
| ULS Ul Solutions Inc. Class A | Sold out | 0.00% | −0.04 |
| ARES Ares Management Corp. Class A | Reduce -21.3% | 0.74% | −0.03 |
| FAST Fastenal Co. | Reduce -37.4% | 0.10% | −0.03 |
| OKTA Okta Inc. | Sold out | 0.00% | −0.03 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | −0.03 |
| TENB Tenable Holdings Inc. | Sold out | 0.00% | −0.03 |
| NET Cloudflare Inc. Class A | Reduce -2.3% | 2.71% | −0.03 |
| GTLB Gitlab Inc. Class A | Reduce -70.1% | 0.01% | −0.02 |
| BILL Bill Holdings Inc. | Reduce -67.2% | 0.01% | −0.02 |
| MNDY Monday.com Ltd. | Reduce -37.9% | 0.05% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| LULU Lululemon Athletica Inc. | Add +129.9% | 5.27% | +2.84 |
| GLOB Globant SA | Add +16.3% | 6.66% | +1.70 |
| MRX Marex UK Holdings Ltd. | Add +1416.1% | 1.38% | +1.31 |
| TBBB BBB Foods Inc. Class A | Add +29.2% | 3.19% | +1.30 |
| GO Grocery Outlet Holding Corp. | Add +417.0% | 1.15% | +0.88 |
| ALG Alamo Group Inc. | New | 0.86% | +0.86 |
| PWP Perella Weinberg Partners | Add +80.8% | 1.39% | +0.76 |
| CYBR Cyberark Software Ltd./Israel | Add +15.6% | 3.33% | +0.73 |
| QGEN Qiagen NV | Add +3.7% | 3.01% | +0.49 |
| STVN Stevanato Group SPA | Add +38.7% | 1.33% | +0.48 |
| KLIC Kulicke & Soffa Industries | New | 0.46% | +0.46 |
| ULTA Ulta Beauty Inc. | New | 0.39% | +0.39 |
| MOD Modine Manufacturing Co. | New | 0.34% | +0.34 |
| CWAN Clearwater Analytics HDS-A | Add +0.3% | 1.01% | +0.30 |
| S Sentinelone Inc. Class A | New | 0.29% | +0.29 |
| STN Stantec Inc. | Add +25.5% | 1.39% | +0.28 |
| FIVE Five Below | Add +41.7% | 1.58% | +0.26 |
| TREX Trex Company Inc. | New | 0.25% | +0.25 |
| EME Emcor Group Inc. | New | 0.23% | +0.23 |
| FCFS Firstcash Holdings Inc. | New | 0.21% | +0.21 |
| SLAB Silicon Laboratories Inc. | Add +13.0% | 1.14% | +0.21 |
| PNTG The Pennant Group Inc. | Add +3.1% | 0.50% | +0.20 |
| DG Dollar General Corp. | Add +3254.7% | 0.18% | +0.17 |
| NVT Nvent Electric PLC | Add +21.2% | 1.27% | +0.17 |
| PRIM Primoris Services Corp. | Add +19.8% | 0.54% | +0.17 |
| WAL Western Alliance Bancorp | Add +100.8% | 0.25% | +0.16 |
| YETI Yeti Holdings Inc. | Add +7.4% | 0.95% | +0.16 |
| HRI Herc Holdings Inc. | Add +7.8% | 0.61% | +0.15 |
| SPSC SPS Commerce Inc. | New | 0.14% | +0.14 |
| CNM Core & Main Inc. Class A | Add +43.2% | 0.52% | +0.14 |
| HQY Healthequity Inc. | Add +18.5% | 0.85% | +0.12 |
| VRT Vertiv Holdings Co. Class A | New | 0.12% | +0.12 |
| ENSG The Ensign Group Inc. | Add +6.1% | 0.50% | +0.11 |
| MBUU Malibu Boats Inc. Class A | New | 0.11% | +0.11 |
| PWR Quanta Services Inc. | New | 0.08% | +0.08 |
| MEDP Medpace Holdings Inc. | Add +32.2% | 0.78% | +0.08 |
| ALGN Align Technology Inc. | Add +8.3% | 0.48% | +0.07 |
| SKX Skechers USA Inc. Class A | Add +12.6% | 0.59% | +0.07 |
| FND Floor & Decor Holdings Inc. Class A | Add +68.7% | 0.12% | +0.06 |
| OWL Blue Owl Capital Inc. | Add +8.9% | 0.32% | +0.06 |
| DXCM Dexcom Inc. | Add +101.9% | 0.29% | +0.06 |
| KKR KKR & Co. Inc. | Add +10.6% | 0.17% | +0.05 |
| ZS Zscaler Inc. | Add +24.3% | 0.36% | +0.05 |
| TXRH Texas Roadhouse Inc. | Add +1.8% | 0.53% | +0.04 |
| BELFB Bel Fuse Inc. Class B | New | 0.04% | +0.04 |
| DT Dynatrace Inc. | New | 0.03% | +0.03 |
| GNTX Gentex Corp. | Add +78.8% | 0.09% | +0.03 |
| KVYO Klaviyo Inc. Class A | Add +22.8% | 0.06% | +0.03 |
| HCSG Healthcare Services Group | Add +21.4% | 0.10% | +0.03 |
| TMCI Treace Medical Concepts Inc. | Add +115.2% | 0.02% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 75 | $432.1M | KAI, MPWR, ITT, NVT, TBBB |
| Q1 2026 | 86 | $426.8M | MRX, MPWR, TBBB, KAI, ITT |
| Q4 2025 | 102 | $742.8M | FROG, MRX, MPWR, TBBB, DSGX |
| Q3 2025 | 104 | $745.4M | MPWR, FROG, MRX, TBBB, DSGX |
| Q2 2025 | 104 | $829.9M | FROG, MRX, MPWR, CYBR, TBBB |
| Q1 2025 | 112 | $901.8M | FROG, MRX, TBBB, LULU, CYBR |
| Q4 2024 | 126 | $1.1B | LULU, GLOB, FROG, CYBR, TBBB |
| Q3 2024 | 133 | $1.2B | GLOB, FROG, LULU, LFUS, CYBR |
| Q2 2024 | 131 | $1.3B | FROG, MPWR, GLOB, LFUS, ICLR |
| Q1 2024 | 121 | $1.3B | FROG, GLOB, MPWR, ICLR, LFUS |