Van Berkom & Associates Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 2, 2026), Van Berkom & Associates Inc. reported 68 stock positions worth $3.5 billion. Its top holding was Laureate Education (LAUR) at 3.6% of the portfolio, followed by Ensign (ENSG, 3.2%) and Stonex (SNEX, 3.1%). Compared with Q3 2025, it opened 10 new positions, sold out of 5, added to 40 and reduced 18. The biggest buy was a new position in Gates Industrial Corp. UK (GTES) and the biggest sale an exit from Globus Medical Class A (GMED).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001524408
- Portfolio Value
- $3.5B (Q4 2025)
- SEC Filing
- 0001524408-26-000004 ↗ filed Feb 2, 2026
Holdings Value
Holdings 68 stocks · $3.5B
| LAUR Laureate Education Inc. | 3.58% | 3,687,282 | $124.2M | Reduce -9.2% |
| ENSG The Ensign Group Inc. | 3.15% | 628,028 | $109.4M | Reduce -16.0% |
| SNEX Stonex Group Inc. | 3.14% | 1,143,509 | $108.8M | Reduce -4.7% |
| VCTR Victory Capital Holding - A | 3.06% | 1,683,754 | $106.2M | Add +0.1% |
| HLNE Hamilton Lane Inc. Class A | 2.94% | 759,628 | $102.0M | Add +10.7% |
| LOPE Grand Canyon Education Inc. | 2.94% | 613,375 | $102.0M | Add +17.2% |
| EEFT Euronet Worldwide Inc. | 2.83% | 1,291,075 | $98.3M | Add +16.8% |
| MMS Maximus Inc. | 2.81% | 1,130,328 | $97.6M | Reduce -2.6% |
| CCC CCC Intelligent Solutions Ho | 2.68% | 11,700,848 | $93.0M | Add +22.9% |
| PRVA Privia Health Group Inc. | 2.63% | 3,844,256 | $91.1M | Add +1.9% |
| CRL Charles River Laboratories | 2.59% | 450,690 | $89.9M | Reduce -9.3% |
| PLNT Planet Fitness Inc. Class A | 2.56% | 818,233 | $88.8M | Add +10.2% |
| AWI Armstrong World Industries | 2.54% | 461,533 | $88.2M | Reduce -3.5% |
| PNTG The Pennant Group Inc. | 2.53% | 3,115,313 | $87.7M | Add +0.1% |
| EPAM Epam Systems Inc. | 2.50% | 423,510 | $86.8M | Add +14.6% |
| OZK Bank Ozk | 2.48% | 1,869,432 | $86.0M | Add +2.8% |
| ESAB Esab Corp. | 2.46% | 762,278 | $85.2M | Add +6.4% |
| NMIH Nmi Holdings Inc. filed as NMI HLDGS INC | 2.37% | 2,016,030 | $82.2M | Add +5.6% |
| FCN Fti Consulting Inc. | 2.35% | 478,128 | $81.7M | Add +9.3% |
| RLI Rli Corp. | 2.34% | 1,268,778 | $81.2M | Add +3.2% |
| FSS Federal Signal Corp. | 2.32% | 741,187 | $80.5M | Add +16.4% |
| PCTY Paylocity Holding Corp. | 2.30% | 523,342 | $79.8M | Add +17.3% |
| DOCN Digitalocean Holdings Inc. | 2.23% | 1,610,671 | $77.5M | Add +2.9% |
| TTEK Tetra Tech Inc. | 2.22% | 2,292,595 | $76.9M | Add +11.0% |
| ORA Ormat Technologies Inc. | 2.21% | 693,124 | $76.6M | Reduce -22.5% |
| SHAK Shake Shack Inc. Class A | 2.16% | 923,347 | $74.9M | Add +27.6% |
| CHE Chemed Corp. | 2.16% | 174,869 | $74.8M | Add +2.4% |
| FIVN FIVE9 Inc. | 2.08% | 3,596,380 | $72.1M | Add +28.0% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 2.06% | 1,620,914 | $71.6M | Reduce -5.3% |
| PRIM Primoris Services Corp. | 2.05% | 572,721 | $71.1M | Reduce -10.4% |
| GTES Gates Industrial Corp. UK Ltd. | 1.98% | 3,195,822 | $68.6M | New |
| HLI Houlihan Lokey Inc. | 1.90% | 377,378 | $65.7M | Add +0.2% |
| SPXC SPX Technologies Inc. | 1.89% | 326,845 | $65.4M | Reduce -8.5% |
| BV Brightview Holdings Inc. | 1.77% | 4,858,860 | $61.6M | Add +6.6% |
| IBP Installed Building Products | 1.76% | 235,393 | $61.1M | Reduce -20.8% |
| WSC Willscot Holdings Corp. | 1.72% | 3,176,865 | $59.8M | Add +4.0% |
| RDNT Radnet Inc. | 1.69% | 823,728 | $58.8M | Add +0.0% |
| MOD Modine Manufacturing Co. | 1.68% | 436,084 | $58.2M | Add +3145.2% |
| FND Floor & Decor Holdings Inc. Class A | 1.61% | 918,743 | $55.9M | Add +6.8% |
| SPSC SPS Commerce Inc. | 1.59% | 616,886 | $55.0M | Add +23.8% |
| BLKB Blackbaud Inc. | 1.42% | 779,935 | $49.4M | Add +16.7% |
| PXED Phoenix Education Partners I | 1.29% | 1,477,675 | $44.8M | New |
| DV Doubleverify Holdings Inc. | 1.23% | 3,739,108 | $42.8M | Add +0.0% |
| GO Grocery Outlet Holding Corp. | 1.12% | 3,836,651 | $38.8M | Add +2.1% |
| ATS Ats Corp. | 0.21% | 269,136 | $7.4M | Reduce -0.3% |
| BGSI Boyd Group Services Inc. | 0.14% | 31,411 | $5.0M | New |
| VITL Vital Farms Inc. | 0.10% | 107,758 | $3.4M | New |
| LAZ Lazard Inc. | 0.08% | 60,317 | $2.9M | Add +9.0% |
| ATAT Atour Lifestyle Holdings-ADR | 0.08% | 70,043 | $2.8M | Add +11.2% |
| APG Api Group Corp. | 0.05% | 43,877 | $1.7M | Reduce -96.8% |
| LYFT LYFT Inc. Class A | 0.04% | 78,417 | $1.5M | Add +125.3% |
| PTC PTC Inc. | 0.04% | 8,268 | $1.4M | Add +1.4% |
| FA First Advantage Corp. | 0.04% | 96,263 | $1.4M | Add +12.9% |
| ROAD Construction Partners Inc. Class A | 0.04% | 12,801 | $1.4M | Reduce -8.5% |
| GLOB Globant SA | 0.04% | 20,074 | $1.3M | Add +54.3% |
| SLAB Silicon Laboratories Inc. | 0.04% | 10,013 | $1.3M | Add +1.4% |
| SGI Somnigroup International Inc. | 0.03% | 13,456 | $1.2M | Reduce -98.3% |
| YUMC Yum China Holdings Inc. | 0.03% | 21,200 | $1.0M | Reduce -10.9% |
| DT Dynatrace Inc. | 0.03% | 21,837 | $946K | Add +1.4% |
| GRAB Grab Holdings Ltd. Class A | 0.02% | 113,800 | $568K | Reduce -35.0% |
| VIPS Vipshop Holdings Ltd. - ADR | 0.01% | 24,071 | $426K | Reduce -38.4% |
| TER Teradyne Inc. | 0.01% | 1,000 | $194K | New |
| STVN Stevanato Group SPA | 0.00% | 5,617 | $113K | Add +55.4% |
| EWT iShares MSCI Taiwan ETF | 0.00% | 1,543 | $98K | New |
| EWA iShares MSCI Australia ETF | 0.00% | 3,702 | $97K | New |
| SCJ iShares MSCI Japan Small-Cap | 0.00% | 1,028 | $94K | New |
| SMIN iShares MSCI India Small-Cap | 0.00% | 1,337 | $93K | New |
| EWY iShares MSCI South Korea ETF | 0.00% | 514 | $50K | New |
Portfolio Sells Q3 2025 → Q4 2025
| GMED Globus Medical Inc. Class A | Sold out | 0.00% | −2.21 |
| SGI Somnigroup International Inc. | Reduce -98.3% | 0.03% | −1.87 |
| APG Api Group Corp. | Reduce -96.8% | 0.05% | −1.31 |
| ENSG The Ensign Group Inc. | Reduce -16.0% | 3.15% | −0.58 |
| PRIM Primoris Services Corp. | Reduce -10.4% | 2.05% | −0.49 |
| SNEX Stonex Group Inc. | Reduce -4.7% | 3.14% | −0.37 |
| IBP Installed Building Products | Reduce -20.8% | 1.76% | −0.36 |
| ORA Ormat Technologies Inc. | Reduce -22.5% | 2.21% | −0.28 |
| MMS Maximus Inc. | Reduce -2.6% | 2.81% | −0.26 |
| AWI Armstrong World Industries | Reduce -3.5% | 2.54% | −0.17 |
| LAUR Laureate Education Inc. | Reduce -9.2% | 3.58% | −0.12 |
| SPXC SPX Technologies Inc. | Reduce -8.5% | 1.89% | −0.04 |
| TECH Bio-Techne Corp. | Sold out | 0.00% | −0.03 |
| KLIC Kulicke & Soffa Industries | Sold out | 0.00% | −0.02 |
| BC Brunswick Corp. | Sold out | 0.00% | −0.02 |
| ENTG Entegris Inc. | Sold out | 0.00% | −0.02 |
| GRAB Grab Holdings Ltd. Class A | Reduce -35.0% | 0.02% | −0.01 |
| ROAD Construction Partners Inc. Class A | Reduce -8.5% | 0.04% | −0.01 |
| VIPS Vipshop Holdings Ltd. - ADR | Reduce -38.4% | 0.01% | −0.01 |
| YUMC Yum China Holdings Inc. | Reduce -10.9% | 0.03% | −0.00 |
| ATS Ats Corp. | Reduce -0.3% | 0.21% | +0.01 |
| CRL Charles River Laboratories | Reduce -9.3% | 2.59% | +0.34 |
| YETI Yeti Holdings Inc. | Reduce -5.3% | 2.06% | +0.42 |
Portfolio Buys Q3 2025 → Q4 2025
| GTES Gates Industrial Corp. UK Ltd. | New | 1.98% | +1.98 |
| MOD Modine Manufacturing Co. | Add +3145.2% | 1.68% | +1.62 |
| PXED Phoenix Education Partners I | New | 1.29% | +1.29 |
| EPAM Epam Systems Inc. | Add +14.6% | 2.50% | +0.89 |
| DOCN Digitalocean Holdings Inc. | Add +2.9% | 2.23% | +0.69 |
| PLNT Planet Fitness Inc. Class A | Add +10.2% | 2.56% | +0.33 |
| FCN Fti Consulting Inc. | Add +9.3% | 2.35% | +0.31 |
| HLNE Hamilton Lane Inc. Class A | Add +10.7% | 2.94% | +0.27 |
| PNTG The Pennant Group Inc. | Add +0.1% | 2.53% | +0.26 |
| NMIH Nmi Holdings Inc. | Add +5.6% | 2.37% | +0.25 |
| PCTY Paylocity Holding Corp. | Add +17.3% | 2.30% | +0.25 |
| TTEK Tetra Tech Inc. | Add +11.0% | 2.22% | +0.22 |
| SHAK Shake Shack Inc. Class A | Add +27.6% | 2.16% | +0.20 |
| BLKB Blackbaud Inc. | Add +16.7% | 1.42% | +0.18 |
| CCC CCC Intelligent Solutions Ho | Add +22.9% | 2.68% | +0.17 |
| BGSI Boyd Group Services Inc. | New | 0.14% | +0.14 |
| ESAB Esab Corp. | Add +6.4% | 2.46% | +0.14 |
| FSS Federal Signal Corp. | Add +16.4% | 2.32% | +0.13 |
| FIVN FIVE9 Inc. | Add +28.0% | 2.08% | +0.11 |
| VITL Vital Farms Inc. | New | 0.10% | +0.10 |
| SPSC SPS Commerce Inc. | Add +23.8% | 1.59% | +0.09 |
| EEFT Euronet Worldwide Inc. | Add +16.8% | 2.83% | +0.03 |
| LYFT LYFT Inc. Class A | Add +125.3% | 0.04% | +0.02 |
| RLI Rli Corp. | Add +3.2% | 2.34% | +0.02 |
| GLOB Globant SA | Add +54.3% | 0.04% | +0.02 |
| ATAT Atour Lifestyle Holdings-ADR | Add +11.2% | 0.08% | +0.01 |
| BV Brightview Holdings Inc. | Add +6.6% | 1.77% | +0.01 |
| TER Teradyne Inc. | New | 0.01% | +0.01 |
| EWA iShares MSCI Australia ETF | New | 0.00% | +0.00 |
| EWT iShares MSCI Taiwan ETF | New | 0.00% | +0.00 |
| SCJ iShares MSCI Japan Small-Cap | New | 0.00% | +0.00 |
| SMIN iShares MSCI India Small-Cap | New | 0.00% | +0.00 |
| FA First Advantage Corp. | Add +12.9% | 0.04% | +0.00 |
| EWY iShares MSCI South Korea ETF | New | 0.00% | +0.00 |
| STVN Stevanato Group SPA | Add +55.4% | 0.00% | +0.00 |
| SLAB Silicon Laboratories Inc. | Add +1.4% | 0.04% | +0.00 |
| LAZ Lazard Inc. | Add +9.0% | 0.08% | 0.00 |
| DT Dynatrace Inc. | Add +1.4% | 0.03% | −0.00 |
| PTC PTC Inc. | Add +1.4% | 0.04% | −0.01 |
| CHE Chemed Corp. | Add +2.4% | 2.16% | −0.05 |
| DV Doubleverify Holdings Inc. | Add +0.0% | 1.23% | −0.06 |
| VCTR Victory Capital Holding - A | Add +0.1% | 3.06% | −0.09 |
| PRVA Privia Health Group Inc. | Add +1.9% | 2.63% | −0.09 |
| RDNT Radnet Inc. | Add +0.0% | 1.69% | −0.12 |
| WSC Willscot Holdings Corp. | Add +4.0% | 1.72% | −0.14 |
| OZK Bank Ozk | Add +2.8% | 2.48% | −0.20 |
| FND Floor & Decor Holdings Inc. Class A | Add +6.8% | 1.61% | −0.22 |
| HLI Houlihan Lokey Inc. | Add +0.2% | 1.90% | −0.34 |
| LOPE Grand Canyon Education Inc. | Add +17.2% | 2.94% | −0.38 |
| GO Grocery Outlet Holding Corp. | Add +2.1% | 1.12% | −0.63 |
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 |