Fund HoldingsPembroke Management, LTD

Total Portfolio Value
$967.95M
Total Bought
$119.08M
Total Sold
$155.28M
Net Transaction
-$36.20M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
BOYD GROUP SERVICES INC(BGSI)0119,498+119,498026,1262.70%+26,126
GLOBUS MED INC(GMED)562,190569,735+7,54532,19749,7445.14%+17,547
LOUISIANA PAC CORP(LPX)0135,592+135,592010,9501.13%+10,950
BIO-TECHNE CORP(TECH)376,977512,868+135,89120,97130,1623.12%+9,191
FEDERAL SIGNAL CORP(FSS)281,196372,543+91,34733,46040,4544.18%+6,995
DUTCH BROS INC(BROS)096,537+96,53705,9100.61%+5,910
CASELLA WASTE SYS INC(CWST)050,755+50,75504,9710.51%+4,971
WORKIVA INC(WK)420,361474,356+53,99536,18540,9134.23%+4,729
VERSABANK NEW523,185736,222+213,0376,38811,0291.14%+4,641
LCI INDS(LCII)45,33759,153+13,8164,2237,1780.74%+2,954
AXOS FINANCIAL INC(AX)261,492288,555+27,06322,13524,8622.57%+2,727
HAGERTY INC(HGTY)2,261,2032,226,961-34,24227,22529,9303.09%+2,705
Q2 HLDGS INC(QTWO)308,521343,134+34,61322,33424,7612.56%+2,427
IMAX CORP516,622514,648-1,97416,91919,0211.97%+2,102
WASTE CONNECTIONS INC(WCN)06,625+6,62501,5950.16%+1,595
FIVE BELOW INC(FIVE)48,00547,307-6987,4268,9110.92%+1,484
GILDAN ACTIVEWEAR INC(GIL)146,386159,161+12,7758,4619,9411.03%+1,480
RED VIOLET INC(RDVT)251,272247,470-3,80213,12914,0931.46%+964
OPEN TEXT CORP(OTEX)019,733+19,73308820.09%+882
CAE INC(CAE)43,26161,864+18,6031,2821,8820.19%+600
CADRE HLDGS INC(CDRE)164,074159,913-4,1615,9906,5310.67%+541
NVIDIA CORPORATION(NVDA)5,0137,170+2,1579351,3370.14%+402
AMAZON COM INC(AMZN)3,2454,789+1,5447131,1050.11%+393
ALPHABET INC(GOOG)2,3983,081+6835839640.10%+381
ISHARES INC20,01723,623+3,6062,0612,4420.25%+381
BROOKFIELD CORP(BN)14,22421,336+7,1126509790.10%+329
ROYAL BK CDA(RY)13,26613,26601,9542,2620.23%+307
ISHARES TR22,36822,303-6514,97115,2761.58%+305
APPLE INC(AAPL)3,1674,058+8918061,1030.11%+297
ON HLDG AG(ONON)5,79711,665+5,8682465420.06%+297
ISHARES TR
CORE MSCI EAFE
52,48154,471+1,9904,5824,8730.50%+291
ELI LILLY & CO(LLY)344460+1162624940.05%+232
SHERWIN WILLIAMS CO(SHW)0650+65002110.02%+211
MONGODB INC(MDB)1,5871,671+844937010.07%+209
COSTCO WHSL CORP NEW(COST)0233+23302010.02%+201
MICROSOFT CORP(MSFT)1,5322,047+5157939900.10%+196
TRANSDIGM GROUP INC(TDG)239382+1433155080.05%+193
WALMART INC(WMT)2,4283,951+1,5232504400.05%+190
FERGUSON ENTERPRISES INC(FERG)2,5513,416+8655737610.08%+188
LINDE PLC(LIN)6851,173+4883255000.05%+175
IDEXX LABS INC(IDXX)536757+2213425120.05%+170
COPART INC(CPRT)5,1589,684+4,5262323790.04%+147
SHOPIFY INC(SHOP)10,93710,93701,6251,7610.18%+135
ASML HOLDING N V
N Y REGISTRY SHS
435497+624215320.05%+111
MASTERCARD INCORPORATED(MA)794955+1614525450.06%+94
HOME DEPOT INC(HD)6601,000+3402673440.04%+77
META PLATFORMS INC(META)655838+1834815530.06%+72
TYLER TECHNOLOGIES INC(TYL)390600+2102042720.03%+68
ALAMOS GOLD INC NEW18,01218,01206286950.07%+67
WHEATON PRECIOUS METALS CORP(WPM)6,3246,32407077430.08%+36
CADENCE DESIGN SYSTEM INC(CDNS)788991+2032773100.03%+33
UNITEDHEALTH GROUP INC(UNH)729824+952522720.03%+20
TRANE TECHNOLOGIES PLC(TT)715810+953023150.03%+14
PUBLIC STORAGE OPER CO(PSA)9321,057+1252692740.03%+5
AGNICO EAGLE MINES LTD(AEM)4,4834,48307567600.08%+4
ISHARES INC
CORE MSCI EMKT
57,61256,439-1,1733,7983,7940.39%-4
CREXENDO INC195,371195,37101,2701,2640.13%-6
SPOTIFY TECHNOLOGY S A(SPOT)527597+703683470.04%-21
BOSTON SCIENTIFIC CORP(BSX)4,3304,200-1304234000.04%-22
COSTAR GROUP INC(CSGP)5,2055,874+6694393950.04%-44
CPI CARD GROUP INC99,56799,56701,5071,4620.15%-46
BK TECHNOLOGIES CORPORATION6,7126,71205675010.05%-66
COLLIERS INTL GROUP INC(CIGI)3,8083,530-2785955190.05%-76
OREILLY AUTOMOTIVE INC(ORLY)4,9734,924-495364490.05%-87
STANTEC INC(STN)6,9336,93307476540.07%-93
VEEVA SYS INC(VEEV)2,2632,565+3026745730.06%-102
PROGRESSIVE CORP(PGR)2,0701,791-2795114080.04%-103
MAIN STR CAP CORP(MAIN)63,40364,529+1,1264,0323,8970.40%-135
FIRSTSERVICE CORP NEW6,5416,54101,2461,0170.11%-229
VICTORY CAP HLDGS INC(VCTR)151,252148,809-2,4439,7959,3880.97%-407
DESCARTES SYS GROUP INC(DSGX)99,197100,973+1,7769,3478,8510.91%-496
CGI INC(GIB)21,82014,220-7,6001,9451,3130.14%-632
OLLIES BARGAIN OUTLET HLDGS(OLLI)101,061111,216+10,15512,97612,1901.26%-786
CRA INTL INC(CRAI)77,45976,184-1,27516,15315,2891.58%-863
CELLEBRITE DI LTD(CLBT)1,398,8861,380,940-17,94625,92124,9122.57%-1,009
CANADIAN NATL RY CO(CNI)12,5030-12,5031,1790-1,179
INSTALLED BLDG PRODS INC(IBP)143,658131,367-12,29135,43534,0753.52%-1,359
ACCELERANT HOLDINGS(ARX)93,7850-93,7851,3960-1,396
MONOLITHIC PWR SYS INC(MPWR)53,93653,142-79449,65648,1664.98%-1,490
UNIVERSAL TECHNICAL INST INC(UTI)296,009283,155-12,8549,6357,3990.76%-2,236
MODINE MFG CO(MOD)214,589211,143-3,44630,50628,1902.91%-2,316
CORE & MAIN INC(CNM)909,216895,855-13,36148,94346,5584.81%-2,386
CHEWY INC(CHWY)302,100297,007-5,09312,2209,8161.01%-2,404
DORMAN PRODS INC(DORM)150,003157,561+7,55823,38219,4102.01%-3,973
MANHATTAN ASSOCIATES INC(MANH)163,006167,248+4,24233,41328,9862.99%-4,427
BOWMAN CONSULTING GROUP LTD448,970439,401-9,56919,01814,5091.50%-4,509
RYAN SPECIALTY HOLDINGS INC(RYAN)276,311193,966-82,34515,57310,0141.03%-5,558
SITEONE LANDSCAPE SUPPLY INC(SITE)304,362262,126-42,23639,20232,6503.37%-6,551
VERTEX INC(VERX)818,053648,097-169,95620,28012,9421.34%-7,337
STEVANATO GROUP S P A
ORD SHS
1,283,2161,263,833-19,38333,04325,4282.63%-7,614
KBR INC(KBR)207,7420-207,7429,8240-9,824
AAON INC553,149547,215-5,93451,68641,7254.31%-9,961
CCC INTELLIGENT SOLUTIONS HL(CCC)1,335,2650-1,335,26512,1640-12,164
WATSCO INC(WSO)70,18246,803-23,37928,37515,7701.63%-12,604
RESIDEO TECHNOLOGIES INC(REZI)1,470,1311,444,832-25,29963,48050,7435.24%-12,738
PURE STORAGE INC(P)666,649598,966-67,68355,87240,1374.15%-15,735
TREX CO INC(TREX)476,3110-476,31124,6110-24,611
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