Grandeur Peak Global Advisors, LLC

SALT LAKE CITY, UT · CIK 1569137 · 13F filing filed 2026-08-17

SEC-registered investment adviser since 2011 · limited liability company

Assets managed$3.8bn
Staff50 · 33 in investment roles
Main clients (by assets)Mutual funds and ETFs 66%, Charities 17%, State and local governments 11%
Private funds2 (2 hedge) · $209.7m gross assets
Websitegrandeurpeakglobal.com
Form ADV · 2026-03-30SEC adviser record

Legal entityGrandeur Peak Global Advisors, LLC (US)

Kindhedge funds, mutual funds
Others nearbySalt Lake City, UT

As an employer

Offices in1 country
Private fundshedge 2

$432.1m reported value +1.2% vs Q1 2026

75positions

65.6%in top 10

7 new 39 added 27 reduced 18 sold out vs Q1 2026

Holdings, Q2 2026

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	KADANT INC COM KAI	KAI	211,036	$66.3m15.35%	15.35%	Added +97.4k	+97,433 85.8%
2	MONOLITHIC PWR SYS INC COM MPWR	MPWR	41,727	$57.7m13.35%	13.35%	Reduced -9.8k	-9,768 -19.0%
3	ITT INC COM ITT	ITT	184,902	$36.6m8.46%	8.46%	Added +38.5k	+38,483 26.3%
4	NVENT ELECTRIC PLC SHS NVT	NVT	140,484	$23.8m5.51%	5.51%	Reduced -29.8k	-29,755 -17.5%
5	BBB FOODS INC CL A COM TBBB	TBBB	543,399	$22.6m5.24%	5.24%	Reduced -487.1k	-487,131 -47.3%
6	LITTELFUSE INC COM LFUS	LFUS	41,857	$19.1m4.41%	4.41%	Reduced -15.3k	-15,264 -26.7%
7	ATRICURE INC COM ATRC	ATRC	587,399	$16.4m3.80%	3.80%	Added +205.5k	+205,497 53.8%
8	LEMAITRE VASCULAR INC COM LMAT	LMAT	161,010	$15.5m3.58%	3.58%	Added +62.3k	+62,287 63.1%
9	OLLIES BARGAIN OUTLET HLDGS COM OLLI	OLLI	189,463	$14.6m3.37%	3.37%	New
10	BEL FUSE INC CL B BELFB	BELFB	32,570	$10.8m2.51%	2.51%	Reduced -4.3k	-4,322 -11.7%
11	PJT PARTNERS INC COM CL A PJT	PJT	57,926	$8.7m2.02%	2.02%	Added +6.2k	+6,216 12.0%
12	PENNANT GROUP INC COM PNTG	PNTG	179,802	$6.6m1.54%	1.54%	Reduced -1.3k	-1,256 -0.7%
13	JFROG LTD ORD SHS FROG	FROG	67,897	$6.2m1.43%	1.43%	Reduced -31.5k	-31,512 -31.7%
14	VESTA REAL ESTATE CORP ADS VTMX	VTMX	167,998	$5.8m1.33%	1.33%	Reduced -3.8k	-3,764 -2.2%
15	FEDERAL SIGNAL CORP COM FSS	FSS	43,766	$5.6m1.30%	1.30%	Added +16.7k	+16,748 62.0%
16	M-TRON INDS INC COM MPTI	MPTI	56,681	$5.6m1.30%	1.30%	Added +5.8k	+5,833 11.5%
17	PATTERN GROUP INC COM SER A PTRN	PTRN	214,926	$5.4m1.25%	1.25%	Reduced -283.9k	-283,853 -56.9%
18	HOULIHAN LOKEY INC CL A HLI	HLI	39,863	$5.3m1.24%	1.24%	Added +427	+427 1.1%
19	DOLLAR GEN CORP NEW COM DG	DG	46,026	$5.3m1.23%	1.23%	Added +14.5k	+14,466 45.8%
20	LOAR HOLDINGS INC COM SHS LOAR	LOAR	60,027	$4.8m1.12%	1.12%	Added +13.2k	+13,181 28.1%
21	MUELLER WTR PRODS INC COM SER A MWA	MWA	175,070	$4.5m1.05%	1.05%	New
22	BADGER METER INC COM BMI	BMI	29,334	$4.4m1.01%	1.01%	Added +25.4k	+25,445 654.3%
23	DESCARTES SYS GROUP INC COM DSGX	DSGX	59,500	$4.1m0.95%	0.95%	Added +31.7k	+31,700 114.0%
24	LIMBACH HLDGS INC COM LMB	LMB	47,007	$3.6m0.84%	0.84%	New
25	RUBRIK INC. CL A RBRK	RBRK	44,025	$3.5m0.82%	0.82%	Added +4.6k	+4,616 11.7%
26	RXSIGHT INC COM RXST	RXST	722,440	$3.5m0.81%	0.81%	Added +256.8k	+256,848 55.2%
27	ENSIGN GROUP INC COM ENSG	ENSG	20,924	$3.4m0.78%	0.78%	Added +4.1k	+4,133 24.6%
28	CSW INDUSTRIALS INC COM CSW	CSW	11,793	$3.3m0.76%	0.76%	Added +1.9k	+1,885 19.0%
29	CORE & MAIN INC CL A CNM	CNM	67,570	$3.3m0.75%	0.75%	Reduced -9.3k	-9,308 -12.1%
30	DEXCOM INC COM DXCM	DXCM	46,068	$3.1m0.72%	0.72%	Added +662	+662 1.5%
31	KARMAN HLDGS INC COMMON STOCK KRMN	KRMN	59,025	$2.9m0.68%	0.68%	Added +29.3k	+29,281 98.4%
32	INSTALLED BLDG PRODS INC COM IBP	IBP	12,180	$2.8m0.65%	0.65%	Added +4.0k	+3,984 48.6%
33	ISHARES TR RUSSELL 2000 ETF IWM	IWM	9,286	$2.8m0.65%	0.65%	New
34	ARXIS INC CL A COM ARXS	ARXS	59,384	$2.7m0.63%	0.63%	New
35	ICON PLC SHS ICLR	ICLR	13,910	$2.4m0.56%	0.56%	Reduced -57	-57 -0.4%
36	MODINE MFG CO COM MOD	MOD	8,906	$2.4m0.55%	0.55%	Reduced -1.4k	-1,378 -13.4%
37	ABACUS GLOBAL MGMT INC CL A ABX	ABX	205,787	$2.2m0.51%	0.51%	Added +49.4k	+49,447 31.6%
38	SPX TECHNOLOGIES INC COM SPXC	SPXC	8,113	$2.0m0.46%	0.46%	Added +1.7k	+1,736 27.2%
39	XPEL INC COM XPEL	XPEL	37,822	$1.9m0.43%	0.43%	Added +29.7k	+29,705 366.0%
40	RBC BEARINGS INC COM RBC	RBC	2,628	$1.7m0.39%	0.39%	Reduced -146	-146 -5.3%
41	ALAMO GROUP INC COM ALG	ALG	9,935	$1.6m0.38%	0.38%	Reduced -3.4k	-3,440 -25.7%
42	VSE CORP COM VSEC	VSEC	6,964	$1.6m0.37%	0.37%	Reduced -3.2k	-3,167 -31.3%
43	MAMAS CREATIONS INC COM MAMA	MAMA	88,406	$1.6m0.37%	0.37%	Added +3.8k	+3,798 4.5%
44	FRESHPET INC COM FRPT	FRPT	26,103	$1.5m0.36%	0.36%	Added +4.2k	+4,244 19.4%
45	GENTEX CORP COM GNTX	GNTX	56,554	$1.4m0.33%	0.33%	Added +8.5k	+8,525 17.8%
46	PERELLA WEINBERG PARTNERS CLASS A COM PWP	PWP	89,096	$1.4m0.33%	0.33%	Reduced -334.4k	-334,414 -79.0%
47	GLOBAL INDUSTRIAL COMPANY COM GIC	GIC	42,089	$1.4m0.33%	0.33%	Added +19.7k	+19,703 88.0%
48	NEOGEN CORP COM NEOG	NEOG	148,256	$1.3m0.31%	0.31%	Unchanged
49	ESQUIRE FINL HLDGS INC COM ESQ	ESQ	10,253	$1.2m0.28%	0.28%	Reduced -1.2k	-1,225 -10.7%
50	IDEXX LABS INC COM IDXX	IDXX	2,229	$1.2m0.27%	0.27%	Added +393	+393 21.4%
51	MARVELL TECHNOLOGY INC COM MRVL	MRVL	3,631	$1.1m0.25%	0.25%	Added +1.8k	+1,835 102.2%
52	HAEMONETICS CORP MASS COM HAE	HAE	13,185	$988.9k0.23%	0.23%	Reduced -12.2k	-12,159 -48.0%
53	ROBERT HALF INC. COM RHI	RHI	31,750	$974.7k0.23%	0.23%	Added +2.3k	+2,346 8.0%
54	ORTHOPEDIATRICS CORP COM KIDS	KIDS	49,854	$953.7k0.22%	0.22%	Reduced -44.2k	-44,236 -47.0%
55	BOWMAN CONSULTING GROUP LTD COM BWMN	BWMN	27,351	$798.6k0.18%	0.18%	Reduced -3.5k	-3,529 -11.4%
56	HDFC BANK LTD SPONSORED ADS HDB	HDB	29,323	$757.4k0.18%	0.18%	Added +2.2k	+2,215 8.2%
57	UFP TECHNOLOGIES INC COM UFPT	UFPT	2,848	$755.1k0.17%	0.17%	Added +860	+860 43.3%
58	MIAMI INTL HLDGS INC COM MIAX	MIAX	19,018	$706.7k0.16%	0.16%	Added +3.2k	+3,247 20.6%
59	KURA SUSHI USA INC CL A COM KRUS	KRUS	11,988	$690.0k0.16%	0.16%	Added +6.7k	+6,712 127.2%
60	CODA OCTOPUS GROUP INC COM NEW CODA	CODA	68,683	$671.0k0.16%	0.16%	Added +6.2k	+6,164 9.9%
61	FIRSTSERVICE CORP NEW COM FSV	FSV	4,700	$667.8k0.15%	0.15%	New
62	HARROW INC COM HROW	HROW	14,353	$609.6k0.14%	0.14%	New
63	NEPTUNE INS HLDGS INC CL A NP	NP	18,512	$583.1k0.13%	0.13%	Added +3.3k	+3,339 22.0%
64	ENERPAC TOOL GROUP CORP CL A COM EPAC	EPAC	15,737	$564.3k0.13%	0.13%	Added +2.1k	+2,135 15.7%
65	KINSALE CAP GROUP INC COM KNSL	KNSL	1,400	$461.7k0.11%	0.11%	Reduced -1.1k	-1,086 -43.7%
66	TRADEWEB MKTS INC CL A TW	TW	4,621	$460.5k0.11%	0.11%	Reduced -5.2k	-5,216 -53.0%
67	HEALTHEQUITY INC COM HQY	HQY	4,875	$440.3k0.10%	0.10%	Reduced -31.6k	-31,570 -86.6%
68	QUANTA SVCS INC COM PWR	PWR	551	$396.7k0.09%	0.09%	Added +63	+63 12.9%
69	PERIMETER SOLUTIONS INC COMMON STOCK PRM	PRM	10,207	$363.9k0.08%	0.08%	Reduced -465	-465 -4.4%
70	FERRARI N V COM RACE	RACE	961	$356.1k0.08%	0.08%	Added +113	+113 13.3%
71	FORMFACTOR INC COM FORM	FORM	1,731	$276.8k0.06%	0.06%	Reduced -383	-383 -18.1%
72	TEXAS ROADHOUSE INC COM TXRH	TXRH	1,348	$260.5k0.06%	0.06%	Reduced -284	-284 -17.4%
73	BURLINGTON STORES INC COM BURL	BURL	804	$254.7k0.06%	0.06%	Reduced -140	-140 -14.8%
74	LOVESAC COMPANY COM LOVE	LOVE	14,140	$236.0k0.05%	0.05%	Unchanged
75	REGAL REXNORD CORPORATION COM RRX	RRX	404	$96.2k0.02%	0.02%	Added +4	+4 1.0%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
MAREX GROUP PLC 96665EUR	96665EUR	1,325,195	$59.1m1.3m shares
PRIMORIS SVCS CORP PRIM	PRIM	109,967	$15.7m110.0k shares
BIO-TECHNE CORP TECH	TECH	135,646	$7.1m135.6k shares
PATRIA INVESTMENTS LIMITED PAX	PAX	79,584	$1.0m79.6k shares
CROCS INC CROX	CROX	9,664	$802.3k9.7k shares
BURFORD CAP LTD BUR	BUR	175,780	$794.5k175.8k shares
GROCERY OUTLET HLDG CORP GO	GO	111,496	$786.0k111.5k shares
FIVE BELOW INC FIVE	FIVE	2,780	$635.2k2.8k shares
RYAN SPECIALTY HOLDINGS INC RYAN	RYAN	17,910	$604.3k17.9k shares
UPWORK INC UPWK	UPWK	50,134	$549.5k50.1k shares
ACCELERANT HOLDINGS ARX	ARX	39,573	$528.7k39.6k shares
FORTIVE CORP FTV	FTV	8,572	$473.9k8.6k shares
ELASTIC N V ESTC	ESTC	4,129	$206.4k4.1k shares
POWER INTEGRATIONS INC POWI	POWI	3,782	$193.6k3.8k shares
STANDARDAERO INC SARO	SARO	7,079	$182.9k7.1k shares
APPFOLIO INC APPF	APPF	832	$131.3k832 shares
CROWDSTRIKE HLDGS INC CRWD	CRWD	305	$119.1k305 shares
FATPIPE INC UT FATN	FATN	24,470	$59.7k24.5k shares