Van Berkom & Associates Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Van Berkom & Associates Inc. reported 63 stock positions worth $3.5 billion. Its top holding was Ensign (ENSG) at 3.7% of the portfolio, followed by Laureate Education (LAUR, 3.7%) and Stonex (SNEX, 3.5%). Compared with Q2 2025, it opened 5 new positions, sold out of 5, added to 31 and reduced 22. The biggest buy was Radnet (RDNT, shares +14164%) and the biggest sale an exit from Iridium Communications (IRDM).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001524408
- Portfolio Value
- $3.5B (Q3 2025)
- SEC Filing
- 0001524408-25-000014 ↗ filed Nov 4, 2025
Holdings Value
Holdings 63 stocks · $3.5B
| ENSG The Ensign Group Inc. | 3.74% | 747,897 | $129.2M | Reduce -0.4% |
| LAUR Laureate Education Inc. | 3.70% | 4,058,957 | $128.0M | Reduce -18.2% |
| SNEX Stonex Group Inc. | 3.50% | 1,200,338 | $121.1M | Add +0.3% |
| LOPE Grand Canyon Education Inc. | 3.32% | 523,305 | $114.9M | Add +3.0% |
| VCTR Victory Capital Holding - A | 3.15% | 1,682,614 | $109.0M | Reduce -5.7% |
| MMS Maximus Inc. | 3.07% | 1,161,125 | $106.1M | Reduce -8.3% |
| EEFT Euronet Worldwide Inc. | 2.81% | 1,105,348 | $97.1M | Add +7.0% |
| PRVA Privia Health Group Inc. | 2.72% | 3,774,565 | $94.0M | Add +30.1% |
| AWI Armstrong World Industries | 2.71% | 478,102 | $93.7M | Reduce -13.6% |
| OZK Bank Ozk | 2.68% | 1,818,447 | $92.7M | Add +0.7% |
| HLNE Hamilton Lane Inc. Class A | 2.67% | 686,204 | $92.5M | Add +0.8% |
| PRIM Primoris Services Corp. | 2.54% | 638,979 | $87.8M | Reduce -34.9% |
| CCC CCC Intelligent Solutions Ho | 2.51% | 9,523,592 | $86.8M | Add +8.9% |
| ORA Ormat Technologies Inc. | 2.49% | 894,835 | $86.1M | Reduce -14.1% |
| RLI Rli Corp. | 2.32% | 1,229,649 | $80.2M | Add +14.6% |
| ESAB Esab Corp. | 2.32% | 716,405 | $80.1M | Add +28.6% |
| PNTG The Pennant Group Inc. | 2.27% | 3,112,812 | $78.5M | Add +10.1% |
| CRL Charles River Laboratories | 2.25% | 496,911 | $77.7M | Add +2.0% |
| HLI Houlihan Lokey Inc. | 2.24% | 376,692 | $77.3M | Reduce -5.0% |
| PLNT Planet Fitness Inc. Class A | 2.23% | 742,619 | $77.1M | Reduce -0.1% |
| CHE Chemed Corp. | 2.21% | 170,813 | $76.5M | Add +33.0% |
| GMED Globus Medical Inc. Class A | 2.21% | 1,333,111 | $76.3M | Add +3.8% |
| FSS Federal Signal Corp. | 2.19% | 636,974 | $75.8M | Reduce -23.9% |
| IBP Installed Building Products | 2.12% | 297,273 | $73.3M | Reduce -33.0% |
| NMIH Nmi Holdings Inc. filed as NMI HLDGS INC | 2.12% | 1,909,630 | $73.2M | Add +0.4% |
| PCTY Paylocity Holding Corp. | 2.06% | 446,215 | $71.1M | Reduce -1.7% |
| FCN Fti Consulting Inc. | 2.05% | 437,455 | $70.7M | Add +5.1% |
| TTEK Tetra Tech Inc. | 1.99% | 2,065,070 | $68.9M | Add +0.1% |
| FIVN FIVE9 Inc. | 1.97% | 2,808,754 | $68.0M | Reduce -1.3% |
| SHAK Shake Shack Inc. Class A | 1.96% | 723,660 | $67.7M | Add +14.8% |
| SPXC SPX Technologies Inc. | 1.93% | 357,053 | $66.7M | Reduce -18.6% |
| SGI Somnigroup International Inc. | 1.90% | 779,216 | $65.7M | Reduce -29.9% |
| WSC Willscot Holdings Corp. | 1.86% | 3,054,636 | $64.5M | Add +26.8% |
| FND Floor & Decor Holdings Inc. Class A | 1.83% | 859,887 | $63.4M | Add +12.2% |
| RDNT Radnet Inc. | 1.82% | 823,582 | $62.8M | Add +14163.6% |
| BV Brightview Holdings Inc. | 1.77% | 4,557,878 | $61.1M | New |
| GO Grocery Outlet Holding Corp. | 1.74% | 3,757,022 | $60.3M | Add +16.9% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 1.64% | 1,712,360 | $56.8M | Reduce -5.0% |
| EPAM Epam Systems Inc. | 1.61% | 369,435 | $55.7M | Add +4413.0% |
| DOCN Digitalocean Holdings Inc. | 1.55% | 1,564,991 | $53.5M | Add +33.1% |
| SPSC SPS Commerce Inc. | 1.50% | 498,154 | $51.9M | New |
| APG Api Group Corp. | 1.36% | 1,366,775 | $47.0M | Reduce -0.1% |
| DV Doubleverify Holdings Inc. | 1.30% | 3,739,071 | $44.8M | Add +2.6% |
| BLKB Blackbaud Inc. | 1.24% | 668,547 | $43.0M | Reduce -0.2% |
| ATS Ats Corp. | 0.20% | 269,994 | $7.1M | Add +0.3% |
| LAZ Lazard Inc. | 0.08% | 55,331 | $2.9M | New |
| ATAT Atour Lifestyle Holdings-ADR | 0.07% | 62,978 | $2.4M | Add +2.2% |
| MOD Modine Manufacturing Co. | 0.06% | 13,438 | $1.9M | New |
| ROAD Construction Partners Inc. Class A | 0.05% | 13,995 | $1.8M | No change |
| PTC PTC Inc. | 0.05% | 8,153 | $1.7M | Reduce -10.9% |
| FA First Advantage Corp. | 0.04% | 85,233 | $1.3M | No change |
| SLAB Silicon Laboratories Inc. | 0.04% | 9,873 | $1.3M | Reduce -94.6% |
| TECH Bio-Techne Corp. | 0.03% | 21,341 | $1.2M | No change |
| GRAB Grab Holdings Ltd. Class A | 0.03% | 175,100 | $1.1M | Add +76.5% |
| DT Dynatrace Inc. | 0.03% | 21,535 | $1.0M | No change |
| YUMC Yum China Holdings Inc. | 0.03% | 23,800 | $1.0M | Add +11.0% |
| KLIC Kulicke & Soffa Industries | 0.02% | 19,920 | $810K | Reduce -13.5% |
| BC Brunswick Corp. | 0.02% | 12,319 | $779K | Add +22.9% |
| VIPS Vipshop Holdings Ltd. - ADR | 0.02% | 39,077 | $767K | No change |
| LYFT LYFT Inc. Class A | 0.02% | 34,800 | $766K | New |
| GLOB Globant SA | 0.02% | 13,009 | $746K | Add +4.3% |
| ENTG Entegris Inc. | 0.02% | 7,901 | $731K | Reduce -26.3% |
| STVN Stevanato Group SPA | 0.00% | 3,615 | $93K | Add +50.6% |
Portfolio Sells Q2 2025 → Q3 2025
| IRDM Iridium Communications Inc. | Sold out | 0.00% | −2.57 |
| GTLS Chart Industries Inc. | Sold out | 0.00% | −2.04 |
| HQY Healthequity Inc. | Sold out | 0.00% | −1.38 |
| SLAB Silicon Laboratories Inc. | Reduce -94.6% | 0.04% | −0.77 |
| FSS Federal Signal Corp. | Reduce -23.9% | 2.19% | −0.46 |
| PCTY Paylocity Holding Corp. | Reduce -1.7% | 2.06% | −0.39 |
| SGI Somnigroup International Inc. | Reduce -29.9% | 1.90% | −0.35 |
| FIVN FIVE9 Inc. | Reduce -1.3% | 1.97% | −0.28 |
| IBP Installed Building Products | Reduce -33.0% | 2.12% | −0.26 |
| SPXC SPX Technologies Inc. | Reduce -18.6% | 1.93% | −0.26 |
| VCTR Victory Capital Holding - A | Reduce -5.7% | 3.15% | −0.23 |
| PLNT Planet Fitness Inc. Class A | Reduce -0.1% | 2.23% | −0.18 |
| ORA Ormat Technologies Inc. | Reduce -14.1% | 2.49% | −0.11 |
| YETI Yeti Holdings Inc. | Reduce -5.0% | 1.64% | −0.05 |
| BLKB Blackbaud Inc. | Reduce -0.2% | 1.24% | −0.04 |
| APG Api Group Corp. | Reduce -0.1% | 1.36% | −0.03 |
| ENTG Entegris Inc. | Reduce -26.3% | 0.02% | −0.00 |
| SMIN iShares MSCI India Small-Cap | Sold out | 0.00% | −0.00 |
| SCJ iShares MSCI Japan Small-Cap | Sold out | 0.00% | −0.00 |
| KLIC Kulicke & Soffa Industries | Reduce -13.5% | 0.02% | −0.00 |
| PTC PTC Inc. | Reduce -10.9% | 0.05% | +0.00 |
| AWI Armstrong World Industries | Reduce -13.6% | 2.71% | +0.03 |
| HLI Houlihan Lokey Inc. | Reduce -5.0% | 2.24% | +0.11 |
| LAUR Laureate Education Inc. | Reduce -18.2% | 3.70% | +0.25 |
| PRIM Primoris Services Corp. | Reduce -34.9% | 2.54% | +0.26 |
| ENSG The Ensign Group Inc. | Reduce -0.4% | 3.74% | +0.29 |
| MMS Maximus Inc. | Reduce -8.3% | 3.07% | +0.42 |
Portfolio Buys Q2 2025 → Q3 2025
| RDNT Radnet Inc. | Add +14163.6% | 1.82% | +1.81 |
| BV Brightview Holdings Inc. | New | 1.77% | +1.77 |
| EPAM Epam Systems Inc. | Add +4413.0% | 1.61% | +1.57 |
| SPSC SPS Commerce Inc. | New | 1.50% | +1.50 |
| PRVA Privia Health Group Inc. | Add +30.1% | 2.72% | +0.73 |
| GO Grocery Outlet Holding Corp. | Add +16.9% | 1.74% | +0.56 |
| DOCN Digitalocean Holdings Inc. | Add +33.1% | 1.55% | +0.55 |
| LOPE Grand Canyon Education Inc. | Add +3.0% | 3.32% | +0.46 |
| CHE Chemed Corp. | Add +33.0% | 2.21% | +0.35 |
| ESAB Esab Corp. | Add +28.6% | 2.32% | +0.32 |
| SNEX Stonex Group Inc. | Add +0.3% | 3.50% | +0.26 |
| OZK Bank Ozk | Add +0.7% | 2.68% | +0.15 |
| FND Floor & Decor Holdings Inc. Class A | Add +12.2% | 1.83% | +0.10 |
| LAZ Lazard Inc. | New | 0.08% | +0.08 |
| CCC CCC Intelligent Solutions Ho | Add +8.9% | 2.51% | +0.06 |
| MOD Modine Manufacturing Co. | New | 0.06% | +0.06 |
| CRL Charles River Laboratories | Add +2.0% | 2.25% | +0.05 |
| FCN Fti Consulting Inc. | Add +5.1% | 2.05% | +0.04 |
| LYFT LYFT Inc. Class A | New | 0.02% | +0.02 |
| GRAB Grab Holdings Ltd. Class A | Add +76.5% | 0.03% | +0.02 |
| RLI Rli Corp. | Add +14.6% | 2.32% | +0.01 |
| ATAT Atour Lifestyle Holdings-ADR | Add +2.2% | 0.07% | +0.01 |
| BC Brunswick Corp. | Add +22.9% | 0.02% | +0.01 |
| YUMC Yum China Holdings Inc. | Add +11.0% | 0.03% | +0.00 |
| STVN Stevanato Group SPA | Add +50.6% | 0.00% | +0.00 |
| GLOB Globant SA | Add +4.3% | 0.02% | −0.01 |
| GMED Globus Medical Inc. Class A | Add +3.8% | 2.21% | −0.05 |
| ATS Ats Corp. | Add +0.3% | 0.20% | −0.05 |
| WSC Willscot Holdings Corp. | Add +26.8% | 1.86% | −0.10 |
| HLNE Hamilton Lane Inc. Class A | Add +0.8% | 2.67% | −0.21 |
| TTEK Tetra Tech Inc. | Add +0.1% | 1.99% | −0.21 |
| PNTG The Pennant Group Inc. | Add +10.1% | 2.27% | −0.24 |
| NMIH Nmi Holdings Inc. | Add +0.4% | 2.12% | −0.27 |
| EEFT Euronet Worldwide Inc. | Add +7.0% | 2.81% | −0.31 |
| DV Doubleverify Holdings Inc. | Add +2.6% | 1.30% | −0.33 |
| SHAK Shake Shack Inc. Class A | Add +14.8% | 1.96% | −0.68 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 67 | $3.1B | VCTR, CRL, ENSG, LAUR, DOCN |
| Q1 2026Amended | 72 | $3.1B | SNEX, DOCN, LAUR, ENSG, VCTR |
| Q4 2025 | 68 | $3.5B | LAUR, ENSG, SNEX, VCTR, HLNE |
| Q3 2025 | 63 | $3.5B | ENSG, LAUR, SNEX, LOPE, VCTR |
| Q2 2025 | 63 | $3.4B | LAUR, ENSG, VCTR, SNEX, EEFT |
| Q1 2025 | 63 | $3.1B | EEFT, SNEX, VCTR, LAUR, ENSG |
| Q4 2024 | 65 | $3.4B | LAUR, SNEX, VCTR, EEFT, LOPE |
| Q3 2024 | 63 | $3.6B | HLNE, LAUR, SNEX, ENSG, EEFT |
| Q2 2024 | 61 | $3.3B | HLNE, ENSG, SNEX, LOPE, EEFT |
| Q1 2024 | 61 | $3.5B | EEFT, ENSG, FSS, ENV, LOPE |