Conestoga Capital Advisors

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 202613 names$374M−$192M
• Q1 202620 names$587M−$254M
• Q4 202528 names$1.2B−$46.3M
• Q3 202529 names$1.3B−$124M
• Q2 202530 names$1.6B+$3.3M
• Q1 202529 names$1.5B+$81.2M
• Q4 202428 names$1.8B+$120M
• Q3 202425 names$1.5B−$6.6M
• Q2 202427 names$1.4B+$19.7M
• Q1 202429 names$1.3B+$43.9M
• Q4 202328 names$1.3B−$4.1M
• Q3 202327 names$1.1B−$32.7M
• Q2 202325 names$1.2B−$7.3M
• Q1 202326 names$1.1B+$27.7M
• Q4 202227 names$959M+$9.6M
• Q3 202226 names$931M−$63.3M
• Q2 202226 names$976M−$2.6M
• Q1 202225 names$1.2B+$125M
• Q4 202125 names$1.2B+$10.3M
• Q3 202125 names$1.3B−$147M
• Q2 202125 names$1.3B+$92.1M
• Q1 202125 names$1.1B+$125M
• Q4 202023 names$1.2B+$82.6M
• Q3 202023 names$802M−$15.5M
• Q2 202024 names$769M−$26.4M
• Q1 202023 names$559M−$28.1M
• Q4 201923 names$711M+$14.1M
• Q3 201922 names$630M+$5.1M
• Q2 201922 names$608M+$21.7M
• Q1 201922 names$563M+$3.8M
• Q4 201820 names$443M+$127M
• Q3 201815 names$441M+$48.9M
• Q2 201815 names$347M−$7.4M
• Q1 201815 names$330M−$10.2M
• Q4 201715 names$309M+$39.1M
• Q3 201715 names$263M−$8.1M
• Q2 201714 names$265M+$12.0M
• Q1 201714 names$227M+$22.8M
• Q4 201614 names$190M+$18.9M
• Q3 201613 names$186M−$13.7M
• Q2 201612 names$192M—

What moved the book

The five software lines with the largest share change this quarter.

• Simulations PlusSLP−$9.8M$83.7M
• VertexVERX−$8.7M$55.0M
• Q2QTWO−$7.8M$62.8M
• Definitive HealthcareDH−$5.7M$39.4M
• SPS CommerceSPSC−$3.3M$266M

Software held

• SPS CommerceSPSC1,556,536 shares · 23.4% of their software · price −$33.4M$266M−$3.3M
• DescartesDSGX3,020,914 shares · 19.5% of their software · price −$20.3M$222MFlat
• Clearwater AnalyticsCWAN6,376,562 shares · 10.9% of their software$123M—
• WorkivaWK947,290 shares · 8.5% of their software$96.0M+$2.9M
• Simulations PlusSLP2,007,877 shares · 7.4% of their software · price −$3.3M$83.7M−$9.8M
• BlackLineBL1,367,415 shares · 6.7% of their software · price +$2.3M$75.9M−$2.2M
• Q2QTWO1,946,612 shares · 5.5% of their software · price +$2.7M$62.8M−$7.8M
• VertexVERX2,379,780 shares · 4.8% of their software · price +$8.6M$55.0M−$8.7M
• Fair IsaacFICO52,254 shares · 4.0% of their software · price +$3.1M$45.4M−$1.5M
• Definitive HealthcareDH4,925,857 shares · 3.5% of their software · price −$14.8M$39.4M−$5.7M
• Tyler TechnologiesTYL71,056 shares · 2.4% of their software · price −$2.2M$27.4MFlat
• GuidewireGWRE191,485 shares · 1.5% of their software · price +$2.7M$17.2MFlat
• Five9FIVN139,258 shares · 0.8% of their software · price −$2.5M$9.0MFlat
• i3 Verticals, Inc.IIIV66,802 shares · 0.1% of their software$1.4MFlat
• VeriskVRSK5,650 shares · 0.1% of their software$1.3MFlat
• CoStarCSGP15,830 shares · 0.1% of their software$1.2MFlat
• PhreesiaPHR62,815 shares · 0.1% of their software · price −$775K$1.2M+$603K
• Roper Technologies, Inc.ROP2,234 shares · 0.1% of their software$1.1MFlat
• FortinetFTNT17,469 shares · 0.1% of their software$1.0MFlat
• SoundThinking, Inc.SSTI54,990 shares · 0.1% of their software$984KFlat
• MicrosoftMSFT3,099 shares · 0.1% of their software$979KFlat
• IntuitINTU1,370 shares · 0.1% of their software$700KFlat
• VeevaVEEV3,359 shares · 0.1% of their software$683KFlat
• FactSetFDS1,557 shares · 0.1% of their software$681KFlat
• AdobeADBE690 shares · 0.0% of their software$352KFlat
• Bentley SystemsBSY4,380 shares · 0.0% of their software$220KNew · Flat
• ProcorePCOR3,100 shares · 0.0% of their software$202KNew · Flat