# EDGAR Filing Document

**Accession Number:** 0001163744
**File Stem:** 0001085146-23-000487
**Filing Date:** 2023-2
**Character Count:** 18262
**Document Hash:** 7ab80610ff7e4a2f765dcb1d3b519fce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000487.hdr.sgml**: 20230201

**ACCESSION NUMBER**: 0001085146-23-000487

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230201

**DATE AS OF CHANGE**: 20230131

**EFFECTIVENESS DATE**: 20230201

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Conestoga Capital Advisors, LLC
- **CENTRAL INDEX KEY:** 0001163744
- **IRS NUMBER:** 233072906
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10029
- **FILM NUMBER:** 23574453

**BUSINESS ADDRESS:**
- **STREET 1:** 550 E. SWEDESFORD ROAD
- **STREET 2:** SUITE 120
- **CITY:** WAYNE
- **STATE:** PA
- **ZIP:** 19087
- **BUSINESS PHONE:** 484-654-1380

**MAIL ADDRESS:**
- **STREET 1:** 550 E. SWEDESFORD ROAD
- **STREET 2:** SUITE 120
- **CITY:** WAYNE
- **STATE:** PA
- **ZIP:** 19087

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CONESTOGA CAPITAL ADVISORS LLC
- **DATE OF NAME CHANGE:** 20011217

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Conestoga Capital Advisors LLC<br>**Address:** 550 E. SWEDESFORD ROAD<br>SUITE 120<br>WAYNE, PA 19087

**Form 13F File Number:** 028-10029

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Robert M. Mitchell<br>**Title:** Chief Investment Officer<br>**Phone:** 484-654-1380

**Signature, Place, and Date of Signing:**

/s/ Robert M. Mitchell  Wayne, PA  01-31-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 132

**Form 13F Information Table Value Total:** $5344370907

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AAON INC | COM PAR $0.004 | 000360206 | BBG001S6CZK0 | 189315615 | 2513484 | SH |  | SOLE |  | 2508352 | 0 | 5132 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 238936 | 710 | SH |  | SOLE |  | 710 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 | BBG001SCF1B9 | 346931 | 1645 | SH |  | SOLE |  | 1645 | 0 | 0 |
| ALPHA TEKNOVA INC | COM | 02080L102 | BBG00201BVP4 | 1340792 | 237729 | SH |  | SOLE |  | 237729 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 352920 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 328301 | 3700 | SH |  | SOLE |  | 0 | 0 | 3700 |
| ALTAIR ENGR INC | COM CL A | 021369103 | BBG001SR65P2 | 106479691 | 2341757 | SH |  | SOLE |  | 2320492 | 0 | 21265 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 349311 | 1330 | SH |  | SOLE |  | 1330 | 0 | 0 |
| ANSYS INC | COM | 03662Q105 | BBG001S926L8 | 1400835 | 5796 | SH |  | SOLE |  | 0 | 0 | 5796 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 973176 | 7490 | SH |  | SOLE |  | 0 | 0 | 7490 |
| AXON ENTERPRISE INC | COM | 05464C101 | BBG001SB2HG5 | 163335850 | 984366 | SH |  | SOLE |  | 969951 | 0 | 14415 |
| AZENTA INC | COM | 114340102 | BBG001S8F1B8 | 75466336 | 1296227 | SH |  | SOLE |  | 1294162 | 0 | 2065 |
| BALCHEM CORP | COM | 057665200 | BBG001S5P2R4 | 127064980 | 1040578 | SH |  | SOLE |  | 1029059 | 0 | 11519 |
| BALL CORP | COM | 058498106 | BBG001S5P7Q4 | 354656 | 6935 | SH |  | SOLE |  | 0 | 0 | 6935 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 344424 | 1115 | SH |  | SOLE |  | 1115 | 0 | 0 |
| BIOLIFE SOLUTIONS INC | COM NEW | 09062W204 | BBG001SFGWZ7 | 1327271 | 72927 | SH |  | SOLE |  | 72927 | 0 | 0 |
| BIO-TECHNE CORP | COM | 09073M104 | BBG001S66C28 | 21497000 | 259375 | SH |  | SOLE |  | 239675 | 0 | 19700 |
| BLACKLINE INC | COM | 09239B109 | BBG0029KJVD8 | 94044536 | 1398016 | SH |  | SOLE |  | 1394841 | 0 | 3175 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 | BBG003LFWPT4 | 12094756 | 191676 | SH |  | SOLE |  | 177221 | 0 | 14455 |
| CASELLA WASTE SYS INC | CL A | 147448104 | BBG001SB5S05 | 240069070 | 3026971 | SH |  | SOLE |  | 2982806 | 0 | 44165 |
| CLEARWATER ANALYTICS HLDGS I | CL A | 185123106 | BBG012C765M3 | 68223188 | 3638570 | SH |  | SOLE |  | 3587065 | 0 | 51505 |
| COGNEX CORP | COM | 192422103 | BBG001S5TC16 | 12781979 | 271322 | SH |  | SOLE |  | 250967 | 0 | 20355 |
| CONSTRUCTION PARTNERS INC | COM CL A | 21044C107 | BBG00KK0CFZ7 | 139301836 | 5219252 | SH |  | SOLE |  | 5156959 | 0 | 62293 |
| COPART INC | COM | 217204106 | BBG001S7MTB1 | 953537 | 15660 | SH |  | SOLE |  | 15660 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 | BBG001SD3DY9 | 1246217 | 16126 | SH |  | SOLE |  | 16126 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 1132120 | 2480 | SH |  | SOLE |  | 0 | 0 | 2480 |
| CRYOPORT INC | COM PAR $0.001 | 229050307 | BBG001SLKBJ3 | 935026 | 53892 | SH |  | SOLE |  | 53892 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 287981 | 1085 | SH |  | SOLE |  | 1085 | 0 | 0 |
| DEFINITIVE HEALTHCARE CORP | CLASS A COM | 24477E103 | BBG01282ZKG1 | 38131607 | 3469664 | SH |  | SOLE |  | 3414809 | 0 | 54855 |
| DESCARTES SYS GROUP INC | COM | 249906108 | BBG001SBJY34 | 208121653 | 2988107 | SH |  | SOLE |  | 2951647 | 0 | 36460 |
| DIGI INTL INC | COM | 253798102 | BBG001S5Z4V4 | 1790585 | 48990 | SH |  | SOLE |  | 48990 | 0 | 0 |
| DOLBY LABORATORIES INC | COM CL A | 25659T107 | BBG001SDXGH8 | 295563 | 4190 | SH |  | SOLE |  | 0 | 0 | 4190 |
| DOUGLAS DYNAMICS INC | COM | 25960R105 | BBG001T6QFV6 | 98241730 | 2716862 | SH |  | SOLE |  | 2676466 | 0 | 40396 |
| ESCO TECHNOLOGIES INC | COM | 296315104 | BBG001S6MFD1 | 85379600 | 975321 | SH |  | SOLE |  | 973107 | 0 | 2214 |
| ESSENTIAL UTILS INC | COM | 29670G102 | BBG001S5VFD3 | 383606 | 8037 | SH |  | SOLE |  | 0 | 0 | 8037 |
| EVI INDS INC | COM | 26929N102 | BBG001SDGWV6 | 16169323 | 677391 | SH |  | SOLE |  | 621171 | 0 | 56220 |
| EVOQUA WATER TECHNOLOGIES CO | COM | 30057T105 | BBG00DPDYDP2 | 76937414 | 1942864 | SH |  | SOLE |  | 1938809 | 0 | 4055 |
| EXPONENT INC | COM | 30214U102 | BBG001S9CG99 | 235954693 | 2381216 | SH |  | SOLE |  | 2350083 | 0 | 31133 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 764269 | 6929 | SH |  | SOLE |  | 0 | 0 | 6929 |
| FACTSET RESH SYS INC | COM | 303075105 | BBG001S5XRL6 | 725388 | 1808 | SH |  | SOLE |  | 1808 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 | BBG001S8ZT61 | 32738735 | 54694 | SH |  | SOLE |  | 50469 | 0 | 4225 |
| FASTENAL CO | COM | 311900104 | BBG001S5R1F7 | 940485 | 19875 | SH |  | SOLE |  | 0 | 0 | 19875 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 | BBG0093LLBP5 | 163822757 | 1336783 | SH |  | SOLE |  | 1315100 | 0 | 21683 |
| FIVE9 INC | COM | 338307101 | BBG001V0P7K7 | 9245857 | 136249 | SH |  | SOLE |  | 125289 | 0 | 10960 |
| FORTINET INC | COM | 34959E109 | BBG001S77BL6 | 854353 | 17475 | SH |  | SOLE |  | 17475 | 0 | 0 |
| FOX FACTORY HLDG CORP | COM | 35138V102 | BBG004T7VS71 | 122021493 | 1337515 | SH |  | SOLE |  | 1334275 | 0 | 3240 |
| GARMIN LTD | SHS | H2906T109 | BBG001SG0H12 | 292559 | 3170 | SH |  | SOLE |  | 3170 | 0 | 0 |
| GARTNER INC | COM | 366651107 | BBG001S5SD60 | 19000314 | 56525 | SH |  | SOLE |  | 52085 | 0 | 4440 |
| GENERAC HLDGS INC | COM | 368736104 | BBG001T5VGH6 | 4508360 | 44788 | SH |  | SOLE |  | 41358 | 0 | 3430 |
| GRACO INC | COM | 384109104 | BBG001S5RK56 | 21434081 | 318675 | SH |  | SOLE |  | 294400 | 0 | 24275 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 | BBG001TWHGX5 | 11980678 | 191507 | SH |  | SOLE |  | 176832 | 0 | 14675 |
| HEALTH CATALYST INC | COM | 42225T107 | BBG00LDPZMT5 | 964332 | 90718 | SH |  | SOLE |  | 90718 | 0 | 0 |
| HEICO CORP NEW | CL A | 422806208 | BBG001S96YM2 | 21648506 | 180630 | SH |  | SOLE |  | 166865 | 0 | 13765 |
| HELIOS TECHNOLOGIES INC | COM | 42328H109 | BBG001S99DF3 | 84684196 | 1555551 | SH |  | SOLE |  | 1552016 | 0 | 3535 |
| HENRY JACK  ASSOC INC | COM | 426281101 | BBG001S5SHB5 | 26566617 | 151325 | SH |  | SOLE |  | 140030 | 0 | 11295 |
| HILLMAN SOLUTIONS CORP | COM | 431636109 | BBG00YC6W7C4 | 52916656 | 7339342 | SH |  | SOLE |  | 7249382 | 0 | 89960 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 383770 | 1215 | SH |  | SOLE |  | 1215 | 0 | 0 |
| I3 VERTICALS INC | COM CL A | 46571Y107 | BBG00L32N3P6 | 1625961 | 66802 | SH |  | SOLE |  | 66802 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 | BBG001S5S4Y9 | 644577 | 1580 | SH |  | SOLE |  | 1580 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 | BBG001S5SDX0 | 268766 | 1220 | SH |  | SOLE |  | 1220 | 0 | 0 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 521555 | 1340 | SH |  | SOLE |  | 1340 | 0 | 0 |
| JOHN BEAN TECHNOLOGIES CORP | COM | 477839104 | BBG001SQLKR2 | 83630790 | 915699 | SH |  | SOLE |  | 904907 | 0 | 10792 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 658905 | 3730 | SH |  | SOLE |  | 0 | 0 | 3730 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 330691 | 2466 | SH |  | SOLE |  | 0 | 0 | 2466 |
| LCI INDS | COM | 50189K103 | BBG001S8G4D9 | 9767897 | 105656 | SH |  | SOLE |  | 96676 | 0 | 8980 |
| LEMAITRE VASCULAR INC | COM | 525558201 | BBG001SK6CX3 | 84745876 | 1841501 | SH |  | SOLE |  | 1837158 | 0 | 4343 |
| LIGHTSPEED COMMERCE INC | SUB VTG SHS | 53229C107 | BBG00B0JR9Q6 | 4169022 | 291540 | SH |  | SOLE |  | 270880 | 0 | 20660 |
| LINDE PLC | SHS | G5494J103 | BBG00GVR8YR8 | 901888 | 2765 | SH |  | SOLE |  | 0 | 0 | 2765 |
| MARKEL CORP | COM | 570535104 | BBG001S9ZK95 | 744382 | 565 | SH |  | SOLE |  | 0 | 0 | 565 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 389458 | 1120 | SH |  | SOLE |  | 1120 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 277375 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| MERCURY SYS INC | COM | 589378108 | BBG001SBFLT8 | 111601111 | 2494437 | SH |  | SOLE |  | 2461422 | 0 | 33015 |
| MERIT MED SYS INC | COM | 589889104 | BBG001S6KLT3 | 146696737 | 2077269 | SH |  | SOLE |  | 2046387 | 0 | 30882 |
| MESA LABS INC | COM | 59064R109 | BBG001S5T762 | 95534682 | 574783 | SH |  | SOLE |  | 574352 | 0 | 431 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 | BBG001SB87G1 | 261626 | 181 | SH |  | SOLE |  | 181 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 757591 | 3159 | SH |  | SOLE |  | 3159 | 0 | 0 |
| MODEL N INC | COM | 607525102 | BBG001SQGHS4 | 153029311 | 3772912 | SH |  | SOLE |  | 3768532 | 0 | 4380 |
| MONTROSE ENVIRONMENTAL GROUP | COM | 615111101 | BBG005Q29V07 | 1466424 | 33035 | SH |  | SOLE |  | 33035 | 0 | 0 |
| NANOSTRING TECHNOLOGIES INC | COM | 63009R109 | BBG001TG36G6 | 731024 | 91722 | SH |  | SOLE |  | 91722 | 0 | 0 |
| NATIONAL RESH CORP | COM NEW | 637372202 | BBG004K1F9R1 | 27144926 | 727746 | SH |  | SOLE |  | 726107 | 0 | 1639 |
| NEOGEN CORP | COM | 640491106 | BBG001S67B47 | 85937590 | 5642652 | SH |  | SOLE |  | 5577415 | 0 | 65237 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 379112 | 3240 | SH |  | SOLE |  | 0 | 0 | 3240 |
| NOVANTA INC | COM | 67000B104 | BBG001S6MRJ9 | 190184984 | 1399757 | SH |  | SOLE |  | 1383147 | 0 | 16610 |
| NV5 GLOBAL INC | COM | 62945V109 | BBG005BT61P6 | 1767398 | 13357 | SH |  | SOLE |  | 13357 | 0 | 0 |
| OLO INC | CL A | 68134L109 | BBG00ZCX7044 | 1126875 | 180300 | SH |  | SOLE |  | 180300 | 0 | 0 |
| OMEGA FLEX INC | COM | 682095104 | BBG001SNLHY8 | 50899528 | 545430 | SH |  | SOLE |  | 544473 | 0 | 957 |
| OMNICELL COM | COM | 68213N109 | BBG001SF6Z45 | 81395023 | 1614340 | SH |  | SOLE |  | 1590510 | 0 | 23830 |
| ORTHOPEDIATRICS CORP | COM | 68752L100 | BBG00HFFRW48 | 1278631 | 32183 | SH |  | SOLE |  | 32183 | 0 | 0 |
| PALOMAR HLDGS INC | COM | 69753M105 | BBG00NLMRYV9 | 1176960 | 26062 | SH |  | SOLE |  | 26062 | 0 | 0 |
| PAYCOR HCM INC | COM | 70435P102 | BBG010FNXN77 | 110712606 | 4524422 | SH |  | SOLE |  | 4479947 | 0 | 44475 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 334221 | 1850 | SH |  | SOLE |  | 0 | 0 | 1850 |
| PHREESIA INC | COM | 71944F106 | BBG001TG2W25 | 1403939 | 43385 | SH |  | SOLE |  | 43385 | 0 | 0 |
| POOL CORP | COM | 73278L105 | BBG001S5VBK4 | 23436319 | 77519 | SH |  | SOLE |  | 71694 | 0 | 5825 |
| PROS HOLDINGS INC | COM | 74346Y103 | BBG001ST38G5 | 77360167 | 3188795 | SH |  | SOLE |  | 3182720 | 0 | 6075 |
| Q2 HLDGS INC | COM | 74736L109 | BBG005ZVK9Q1 | 58671774 | 2183542 | SH |  | SOLE |  | 2154252 | 0 | 29290 |
| QUALTRICS INTL INC | COM CL A | 747601201 | BBG00M9BHQ01 | 180259 | 17366 | SH |  | SOLE |  | 17366 | 0 | 0 |
| RBC BEARINGS INC | COM | 75524B104 | BBG001SNYTV1 | 141552421 | 676152 | SH |  | SOLE |  | 666292 | 0 | 9860 |
| REPLIGEN CORP | COM | 759916109 | BBG001S5VNT9 | 115438606 | 681818 | SH |  | SOLE |  | 668988 | 0 | 12830 |
| ROLLINS INC | COM | 775711104 | BBG001S5VRG4 | 30558475 | 836302 | SH |  | SOLE |  | 775515 | 0 | 60787 |
| ROPER TECHNOLOGIES INC | COM | 776696106 | BBG001S9B362 | 1032695 | 2390 | SH |  | SOLE |  | 0 | 0 | 2390 |
| S GLOBAL INC | COM | 78409V104 | BBG001S5T5M8 | 1063435 | 3175 | SH |  | SOLE |  | 0 | 0 | 3175 |
| SEMLER SCIENTIFIC INC | COM | 81684M104 | BBG005LBVC90 | 965877 | 29269 | SH |  | SOLE |  | 29269 | 0 | 0 |
| SHOTSPOTTER INC | COM | 82536T107 | BBG001SM2GR1 | 1614875 | 47735 | SH |  | SOLE |  | 47735 | 0 | 0 |
| SIMPSON MFG INC | COM | 829073105 | BBG001SB9QN0 | 121433790 | 1369657 | SH |  | SOLE |  | 1356518 | 0 | 13139 |
| SIMULATIONS PLUS INC | COM | 829214105 | BBG001S9TQV4 | 80126991 | 2191058 | SH |  | SOLE |  | 2190773 | 0 | 285 |
| SITEONE LANDSCAPE SUPPLY INC | COM | 82982L103 | BBG009T22D67 | 122812922 | 1046820 | SH |  | SOLE |  | 1035475 | 0 | 11345 |
| SMUCKER J M CO | COM NEW | 832696405 | BBG001S5W3H5 | 549856 | 3470 | SH |  | SOLE |  | 0 | 0 | 3470 |
| SPS COMM INC | COM | 78463M107 | BBG001T65R07 | 202810235 | 1579150 | SH |  | SOLE |  | 1562120 | 0 | 17030 |
| STERIS PLC | SHS USD | G8473T100 | BBG00MRHG532 | 276112 | 1495 | SH |  | SOLE |  | 1495 | 0 | 0 |
| STEVANATO GROUP S P A | ORD SHS | T9224W109 | BBG001V2NPF1 | 62376224 | 3471131 | SH |  | SOLE |  | 3425178 | 0 | 45953 |
| TECSYS INC COM | COM | 878950104 |  | 993489 | 50740 | SH |  | SOLE |  | 50740 | 0 | 0 |
| TELEFLEX INCORPORATED | COM | 879369106 | BBG001S5WNP2 | 14870352 | 59603 | SH |  | SOLE |  | 55053 | 0 | 4550 |
| THUNDERBIRD ENTERTAINMENT GROU | COM | 88605U107 |  | 1596055 | 588950 | SH |  | SOLE |  | 588950 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 | BBG001S7K017 | 1112477 | 4945 | SH |  | SOLE |  | 0 | 0 | 4945 |
| TRANSCAT INC | COM | 893529107 | BBG001S5WVW6 | 51510229 | 726827 | SH |  | SOLE |  | 726012 | 0 | 815 |
| TRANSUNION | COM | 89400J107 | BBG002Q7J607 | 239485 | 4220 | SH |  | SOLE |  | 4220 | 0 | 0 |
| TREX CO INC | COM | 89531P105 | BBG001SB6TV8 | 75891298 | 1792849 | SH |  | SOLE |  | 0 | 0 | 1792849 |
| TYLER TECHNOLOGIES INC | COM | 902252105 | BBG001S5WZB0 | 19248522 | 59702 | SH |  | SOLE |  | 55267 | 0 | 4435 |
| U S PHYSICAL THERAPY | COM | 90337L108 | BBG001S71ZL9 | 1306609 | 16125 | SH |  | SOLE |  | 16125 | 0 | 0 |
| VAIL RESORTS INC | COM | 91879Q109 | BBG001S5TFD6 | 18817494 | 78949 | SH |  | SOLE |  | 72974 | 0 | 5975 |
| VEEVA SYS INC | CL A COM | 922475108 | BBG001TX0CB4 | 569671 | 3530 | SH |  | SOLE |  | 3530 | 0 | 0 |
| VERICEL CORP | COM | 92346J108 | BBG001S6X9M3 | 61814080 | 2346776 | SH |  | SOLE |  | 2343476 | 0 | 3300 |
| VERISK ANALYTICS INC | COM | 92345Y106 | BBG001SBRX64 | 1040172 | 5896 | SH |  | SOLE |  | 5896 | 0 | 0 |
| VERTEX INC | CL A | 92538J106 | BBG00VVT2FV3 | 41829268 | 2882789 | SH |  | SOLE |  | 2877664 | 0 | 5125 |
| WASTE CONNECTIONS INC | COM | 94106B101 | BBG001SKJ4K1 | 835128 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| WATSCO INC | COM | 942622200 | BBG001S82CQ2 | 19065882 | 76447 | SH |  | SOLE |  | 70622 | 0 | 5825 |
| WD 40 CO | COM | 929236107 | BBG001S5XD46 | 47005128 | 291577 | SH |  | SOLE |  | 290939 | 0 | 638 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 | BBG001S5XK22 | 14428838 | 61308 | SH |  | SOLE |  | 56813 | 0 | 4495 |
| WILLDAN GROUP INC | COM | 96924N100 | BBG001SNM0H3 | 947353 | 53073 | SH |  | SOLE |  | 53073 | 0 | 0 |
| WORKIVA INC | COM CL A | 98139A105 | BBG007BVZ8J7 | 77243247 | 919891 | SH |  | SOLE |  | 907991 | 0 | 11900 |
| WP CAREY INC | COM | 92936U109 | BBG001S67MM3 | 222728 | 2850 | SH |  | SOLE |  | 2850 | 0 | 0 |
| XYLEM INC | COM | 98419M100 | BBG001V05C73 | 538476 | 4870 | SH |  | SOLE |  | 4870 | 0 | 0 |

---