GENEVA CAPITAL MANAGEMENT LLC

MILWAUKEE, WI · CIK 1009232 · 13F filing filed 2023-08-01

SEC-registered investment adviser since 1986 · limited liability company

Assets managed$5.6bn
Staff20 · 9 in investment roles
Main clients (by assets)Mutual funds and ETFs 31%, State and local governments 14%, Companies 11%
Websitegenevacap.com
Form ADV · 2026-03-25SEC adviser record

Legal entityGENEVA CAPITAL MANAGEMENT LLC (US)

$5.1bn reported value +3.3% vs Q1 2023

122positions

27.1%in top 10

4 new 22 added 96 reduced 5 sold out vs Q1 2023

This report includes the holdings of 1 other manager that shares the investment decisions:

Nationwide Fund Advisors – files its own report too

Also in the report of:

Bank of New York Mellon Corp – $295.8m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	KINSALE CAP GROUP INC COM KNSL	KNSL	518,274	$193.9m3.82%	3.82%	Reduced -40.2k	-40,247 -7.2%
2	FAIR ISAAC CORP COM FICO	FICO	230,577	$186.6m3.68%	3.68%	Reduced -39.2k	-39,211 -14.5%
3	ONTO INNOVATION INC COM ONTO	ONTO	1,235,431	$143.9m2.84%	2.84%	Reduced -8.2k	-8,187 -0.7%
4	EXPONENT INC COM EXPO	EXPO	1,410,674	$131.6m2.60%	2.60%	Reduced -714	-714 -0.1%
5	EXLSERVICE HOLDINGS INC COM EXLS	EXLS	840,323	$126.9m2.50%	2.50%	Reduced -2.3k	-2,259 -0.3%
6	RBC BEARINGS INC COM RBC	RBC	582,559	$126.7m2.50%	2.50%	Added +633	+633 0.1%
7	FOX FACTORY HLDG CORP COM FOXF	FOXF	1,142,812	$124.0m2.45%	2.45%	Reduced -5.8k	-5,793 -0.5%
8	NOVANTA INC COM NOVT	NOVT	654,675	$120.5m2.38%	2.38%	Reduced -1.5k	-1,452 -0.2%
9	DESCARTES SYS GROUP INC COM DSGX	DSGX	1,437,057	$115.1m2.27%	2.27%	Reduced -9.3k	-9,281 -0.6%
10	AAON INC COM PAR $0.004 AAON	AAON	1,129,309	$107.1m2.11%	2.11%	Reduced -2.8k	-2,770 -0.2%
11	BALCHEM CORP COM BCPC	BCPC	760,948	$102.6m2.02%	2.02%	Reduced -3.3k	-3,322 -0.4%
12	CONSTRUCTION PARTNERS INC COM CL A ROAD	ROAD	3,132,758	$98.3m1.94%	1.94%	Reduced -4.4k	-4,391 -0.1%
13	TEXAS ROADHOUSE INC COM TXRH	TXRH	874,898	$98.2m1.94%	1.94%	Reduced -3.0k	-2,966 -0.3%
14	TYLER TECHNOLOGIES INC COM TYL	TYL	232,085	$96.7m1.91%	1.91%	Reduced -4.8k	-4,784 -2.0%
15	ESCO TECHNOLOGIES INC COM ESE	ESE	868,042	$90.0m1.77%	1.77%	Reduced -2.8k	-2,843 -0.3%
16	BIO-TECHNE CORP COM TECH	TECH	1,071,517	$87.5m1.72%	1.72%	Added +1.3k	+1,260 0.1%
17	SPS COMM INC COM SPSC	SPSC	454,137	$87.2m1.72%	1.72%	Reduced -1.8k	-1,821 -0.4%
18	EPLUS INC COM PLUS	PLUS	1,547,192	$87.1m1.72%	1.72%	Added +1.6k	+1,576 0.1%
19	GLOBUS MED INC CL A GMED	GMED	1,437,751	$85.6m1.69%	1.69%	Added +4.0k	+4,013 0.3%
20	SITEONE LANDSCAPE SUPPLY INC COM SITE	SITE	509,274	$85.2m1.68%	1.68%	Reduced -1.9k	-1,905 -0.4%
21	J & J SNACK FOODS CORP COM JJSF	JJSF	518,900	$82.2m1.62%	1.62%	Reduced -394	-394 -0.1%
22	TREX CO INC COM TREX	TREX	1,221,230	$80.1m1.58%	1.58%	Reduced -787	-787 -0.1%
23	PERFICIENT INC COM PRFT	PRFT	954,652	$79.6m1.57%	1.57%	Reduced -2.6k	-2,646 -0.3%
24	BLACKBAUD INC COM BLKB	BLKB	1,054,942	$75.1m1.48%	1.48%	Added +161.3k	+161,312 18.1%
25	CASELLA WASTE SYS INC CL A CWST	CWST	821,114	$74.3m1.46%	1.46%	Added +398.6k	+398,599 94.3%
26	OMNICELL COM COM OMCL	OMCL	999,671	$73.6m1.45%	1.45%	Reduced -3.9k	-3,900 -0.4%
27	MARTEN TRANS LTD COM MRTN	MRTN	3,324,683	$71.5m1.41%	1.41%	Reduced -10.4k	-10,422 -0.3%
28	ALARM COM HLDGS INC COM ALRM	ALRM	1,308,256	$67.6m1.33%	1.33%	Added +1.6k	+1,589 0.1%
29	ENVESTNET INC COM ENV	ENV	1,071,437	$63.6m1.25%	1.25%	Reduced -7.8k	-7,811 -0.7%
30	LEMAITRE VASCULAR INC COM LMAT	LMAT	902,362	$60.7m1.20%	1.20%	Reduced -4.6k	-4,610 -0.5%
31	OLLIES BARGAIN OUTLET HLDGS COM OLLI	OLLI	1,031,369	$59.7m1.18%	1.18%	Reduced -605	-605 -0.1%
32	COPART INC COM CPRT	CPRT	613,462	$56.0m1.10%	1.10%	Reduced -68.5k	-68,487 -10.0%
33	BRIGHT HORIZONS FAM SOL IN D COM BFAM	BFAM	597,978	$55.3m1.09%	1.09%	Reduced -2.4k	-2,358 -0.4%
34	HEALTHEQUITY INC COM HQY	HQY	873,813	$55.2m1.09%	1.09%	Reduced -7.6k	-7,608 -0.9%
35	CERTARA INC COM CERT	CERT	2,993,552	$54.5m1.07%	1.07%	Added +1.1m	+1,069,340 55.6%
36	BLACKLINE INC COM BL	BL	1,000,262	$53.8m1.06%	1.06%	Reduced -12.7k	-12,680 -1.2%
37	MASIMO CORP COM MASI	MASI	304,691	$50.1m0.99%	0.99%	Reduced -2.3k	-2,348 -0.8%
38	STAAR SURGICAL CO COM PAR $0.01 STAA	STAA	951,029	$50.0m0.99%	0.99%	Reduced -6.8k	-6,828 -0.7%
39	NV5 GLOBAL INC COM NVEE	NVEE	441,255	$48.9m0.96%	0.96%	Reduced -1.1k	-1,119 -0.2%
40	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	50,051	$47.8m0.94%	0.94%	Reduced -5.5k	-5,477 -9.9%
41	ALLEGIANT TRAVEL CO COM ALGT	ALGT	367,893	$46.5m0.92%	0.92%	Reduced -1.2k	-1,167 -0.3%
42	DORMAN PRODS INC COM DORM	DORM	588,190	$46.4m0.91%	0.91%	Added +133	+133 0.0%
43	DONALDSON INC COM DCI	DCI	727,622	$45.5m0.90%	0.90%	Reduced -781	-781 -0.1%
44	INTUIT COM INTU	INTU	95,544	$43.8m0.86%	0.86%	Reduced -6.3k	-6,277 -6.2%
45	I3 VERTICALS INC COM CL A IIIV	IIIV	1,909,975	$43.7m0.86%	0.86%	Reduced -1.2k	-1,172 -0.1%
46	COSTAR GROUP INC COM CSGP	CSGP	481,785	$42.9m0.85%	0.85%	Reduced -26.6k	-26,602 -5.2%
47	AXON ENTERPRISE INC COM AXON	AXON	212,140	$41.4m0.82%	0.82%	Reduced -14.1k	-14,096 -6.2%
48	WD 40 CO COM WDFC	WDFC	216,193	$40.8m0.80%	0.80%	Added +35.1k	+35,109 19.4%
49	AMPHENOL CORP CL A APH	APH	446,536	$37.9m0.75%	0.75%	Reduced -29.1k	-29,069 -6.1%
50	DIGI INTL INC COM DGII	DGII	928,375	$36.6m0.72%	0.72%	Added +601.2k	+601,171 183.7%
51	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	218,286	$36.6m0.72%	0.72%	Reduced -36.0k	-35,983 -14.2%
52	NEOGEN CORP COM NEOG	NEOG	1,643,576	$35.7m0.70%	0.70%	Reduced -1.2k	-1,231 -0.1%
53	VERISK ANALYTICS INC COM VRSK	VRSK	154,904	$35.0m0.69%	0.69%	Added +5.1k	+5,133 3.4%
54	BIOLIFE SOLUTIONS INC COM NEW BLFS	BLFS	1,561,443	$34.5m0.68%	0.68%	Added +2.8k	+2,750 0.2%
55	POOL CORP COM POOL	POOL	91,573	$34.3m0.68%	0.68%	Reduced -5.3k	-5,261 -5.4%
56	FISERV INC COM FISV	FISV	265,976	$33.6m0.66%	0.66%	Reduced -16.8k	-16,837 -6.0%
57	STERIS PLC SHS USD STE	STE	145,403	$32.7m0.65%	0.65%	Added +4.4k	+4,448 3.2%
58	GARTNER INC COM IT	IT	92,529	$32.4m0.64%	0.64%	Reduced -6.0k	-6,014 -6.1%
59	AVID BIOSERVICES INC COM PPHM	PPHM	2,319,970	$32.4m0.64%	0.64%	Reduced -5.9k	-5,939 -0.3%
60	ANSYS INC COM ANSS	ANSS	98,105	$32.4m0.64%	0.64%	Reduced -6.5k	-6,497 -6.2%
61	ADVANCED DRAIN SYS INC DEL COM WMS	WMS	278,476	$31.7m0.62%	0.62%	Reduced -63.6k	-63,597 -18.6%
62	IDEXX LABS INC COM IDXX	IDXX	59,865	$30.1m0.59%	0.59%	Reduced -4.0k	-4,041 -6.3%
63	GROCERY OUTLET HLDG CORP COM GO	GO	922,002	$28.2m0.56%	0.56%	Added +244.7k	+244,733 36.1%
64	BARNES GROUP INC COM B	B	664,811	$28.0m0.55%	0.55%	Added +1.1k	+1,060 0.2%
65	IDEX CORP COM IEX	IEX	130,097	$28.0m0.55%	0.55%	Reduced -8.4k	-8,403 -6.1%
66	CHURCH & DWIGHT CO INC COM CHD	CHD	258,572	$25.9m0.51%	0.51%	Reduced -14.1k	-14,130 -5.2%
67	ULTA BEAUTY INC COM ULTA	ULTA	54,475	$25.6m0.51%	0.51%	Reduced -3.5k	-3,473 -6.0%
68	HUBSPOT INC COM HUBS	HUBS	47,153	$25.1m0.49%	0.49%	Reduced -3.1k	-3,139 -6.2%
69	WATSCO INC COM WSO	WSO	64,631	$24.7m0.49%	0.49%	Reduced -3.6k	-3,619 -5.3%
70	MESA LABS INC COM MLAB	MLAB	191,670	$24.6m0.49%	0.49%	Reduced -3.5k	-3,471 -1.8%
71	AZENTA INC COM AZTA	AZTA	510,251	$23.8m0.47%	0.47%	Reduced -236.8k	-236,814 -31.7%
72	ROPER TECHNOLOGIES INC COM ROP	ROP	49,015	$23.6m0.46%	0.46%	Reduced -3.3k	-3,284 -6.3%
73	HEICO CORP NEW CL A HEI.A	HEI.A	160,366	$22.5m0.44%	0.44%	Reduced -10.7k	-10,660 -6.2%
74	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	196,394	$22.2m0.44%	0.44%	Reduced -13.1k	-13,126 -6.3%
75	BROADRIDGE FINL SOLUTIONS IN COM BR	BR	132,575	$22.0m0.43%	0.43%	Reduced -8.8k	-8,832 -6.2%
76	AXOS FINANCIAL INC COM AX	AX	541,293	$21.3m0.42%	0.42%	Reduced -994	-994 -0.2%
77	PALOMAR HLDGS INC COM PLMR	PLMR	349,371	$20.3m0.40%	0.40%	Reduced -1.1k	-1,122 -0.3%
78	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	84,132	$19.7m0.39%	0.39%	Reduced -5.6k	-5,575 -6.2%
79	BURLINGTON STORES INC COM BURL	BURL	121,717	$19.2m0.38%	0.38%	Reduced -7.2k	-7,170 -5.6%
80	AGILYSYS INC COM AGYS	AGYS	276,461	$19.0m0.37%	0.37%	New
81	LULULEMON ATHLETICA INC COM LULU	LULU	49,354	$18.7m0.37%	0.37%	Reduced -3.2k	-3,196 -6.1%
82	REPLIGEN CORP COM RGEN	RGEN	123,606	$17.5m0.34%	0.34%	Reduced -6.5k	-6,547 -5.0%
83	EPAM SYS INC COM EPAM	EPAM	69,462	$15.6m0.31%	0.31%	Reduced -4.0k	-3,954 -5.4%
84	GLOBAL PMTS INC COM GPN	GPN	148,102	$14.6m0.29%	0.29%	Reduced -9.9k	-9,877 -6.2%
85	RAYMOND JAMES FINL INC COM RJF	RJF	137,155	$14.2m0.28%	0.28%	Reduced -8.6k	-8,596 -5.9%
86	PAYCOM SOFTWARE INC COM PAYC	PAYC	40,018	$12.9m0.25%	0.25%	Added +11.7k	+11,653 41.1%
87	COOPER COS INC COM NEW COM NEW		29,943	$11.5m0.23%	0.23%	Added +2.8k	+2,756 10.1%
88	TRIMBLE INC COM TRMB	TRMB	202,635	$10.7m0.21%	0.21%	Reduced -13.2k	-13,226 -6.1%
89	RYAN SPECIALTY HOLDINGS INC CL A RYAN	RYAN	229,023	$10.3m0.20%	0.20%	Added +53.3k	+53,272 30.3%
90	DOUBLEVERIFY HLDGS INC COM DV	DV	247,867	$9.6m0.19%	0.19%	New
91	SHOCKWAVE MED INC COM SWAV	SWAV	32,130	$9.2m0.18%	0.18%	New
92	MONOLITHIC PWR SYS INC COM MPWR	MPWR	16,780	$9.1m0.18%	0.18%	Reduced -520	-520 -3.0%
93	ALIGN TECHNOLOGY INC COM ALGN	ALGN	22,872	$8.1m0.16%	0.16%	Reduced -1.5k	-1,525 -6.2%
94	HUNT J B TRANS SVCS INC COM JBHT	JBHT	41,169	$7.5m0.15%	0.15%	Reduced -2.6k	-2,565 -5.9%
95	SS&C TECHNOLOGIES HLDGS INC COM SSNC	SSNC	115,165	$7.0m0.14%	0.14%	Reduced -7.8k	-7,843 -6.4%
96	FORTUNE BRANDS INNOVATIONS I COM FBIN	FBIN	91,286	$6.6m0.13%	0.13%	Reduced -6.0k	-6,039 -6.2%
97	GENERAC HLDGS INC COM GNRC	GNRC	43,468	$6.5m0.13%	0.13%	Reduced -2.6k	-2,587 -5.6%
98	ETSY INC COM ETSY	ETSY	76,493	$6.5m0.13%	0.13%	Reduced -5.3k	-5,270 -6.5%
99	ISHARES TR RUS 2000 GRW ETF IWO	IWO	24,075	$5.8m0.12%	0.12%	Reduced -18.8k	-18,775 -43.8%
100	COGNEX CORP COM CGNX	CGNX	93,202	$5.2m0.10%	0.10%	Reduced -6.3k	-6,262 -6.3%

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
EVOQUA WATER TECHNOLOGIES CO AQUA	AQUA	1,744,414	$86.7m1.7m shares
TECHTARGET INC TTGT	TTGT	499,557	$18.0m499.6k shares
CATALENT INC CTLT	CTLT	238,544	$15.7m238.5k shares
SEMTECH CORP SMTC	SMTC	635,748	$15.3m635.7k shares
DISNEY WALT CO DIS	DIS	13,403	$1.3m13.4k shares