Montanaro Asset Management LTD
CIK:0001831133
Private Equity
$484M AUM
39 holdings
London, United Kingdom
Montanaro Asset Management is an independent investment boutique focused exclusively on quoted Small & MidCap equities. They apply a long-term 'Quality Growth' investment approach and emphasize ESG factors in their analysis.
Investment Strategy
Quality Growth investor focusing on sustainable companies through ESG analysis and active ownership
Latest 13F Filing Activity
Montanaro Asset Management LTD filed their most recent 13F report on Jun 30, 2025 disclosing 38 equity positions with a total 13F market value of $388M. The fund increased holdings in Bentley SYS Inc., Paycom Software Inc., Nova LTD among other positions. Montanaro Asset Management LTD reduced exposure to Paylocity HLDG Corp., Power Integrations Inc., Bellring Brands Inc. among others.
Top Buys
B
BSYBENTLEY SYS INC+$11.4M
P
PAYCPAYCOM SOFTWARE INC+$9.2M
N
NVMINOVA LTD+$7.9M
H
HWKNHAWKINS INC+$6.8M
T
TMDXTRANSMEDICS GROUP INC+$6.5M
Top Sells
P
PCTYPAYLOCITY HLDG CORP-$6.6M
P
POWIPOWER INTEGRATIONS INC-$2.3M
B
BRBRBELLRING BRANDS INC-$1.8M
M
MASIMASIMO CORP-$1.5M
T
TYLTYLER TECHNOLOGIES INC-$1.5M
Top Holdings
B
BSYBENTLEY SYS INC+6.1%$23.6M
T
TYLTYLER TECHNOLOGIES INC+5.8%$22.6M
N
NVMINOVA LTD+5.1%$19.8M
L
LRNSTRIDE INC+4.5%$17.4M
T
TMDXTRANSMEDICS GROUP INC+4.4%$16.9M
Equity Positions (38)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BSY | BENTLEY SYS INC | 6.08% | $23.6M | 436,900 | $48.94 | $53.97 | +$11.4M |
T TYL | TYLER TECHNOLOGIES INC | 5.82% | $22.6M | 38,075 | $434.56 | $592.84 | -$1.5M |
N NVMI | NOVA LTD | 5.10% | $19.8M | 71,830 | $119.38 | $275.20 | +$7.9M |
L LRN | STRIDE INC | 4.49% | $17.4M | 120,000 | $76.72 | $145.19 | -$363.1K |
T TMDX | TRANSMEDICS GROUP INC | 4.35% | $16.9M | 125,936 | $80.40 | $134.01 | +$6.5M |
Industry Allocation
SERVICES-PREPACKAGED SOFTWARE
+27.2%
ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS
+5.3%
OPTICAL INSTRUMENTS & LENSES
+5.1%
SERVICES-EDUCATIONAL SERVICES
+4.5%
SERVICES-MANAGEMENT CONSULTING SERVICES
+4.4%