Q2 2026 13F · SEC CIK 1569137

Grandeur Peak Global Advisors, LLC

Mutual fund managerFiled 2026-08-17 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $432.1M
Reported positions: 75
Top holdings a year, 3 yrs: +18.0%
Assets under management: $3.8B

Grandeur Peak Global Advisors, LLC is a mutual fund manager that reported 75 positions worth $432.1M in its Q2 2026 13F, filed 2026-08-17. Its largest holdings were Kadant Inc (KAI, 15.3%), Monolithic Pwr Sys Inc (MPWR, 13.4%), Itt (ITT, 8.5%). A portfolio copying its top holdings returned 18.0% a year over the last 3 years, against 20.4% for the S&P 500.

Grandeur Peak Global Advisors, LLC holdings largest 50 of 75 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Grandeur Peak Global Advisors, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
KAIKadant Inc	15.3%	7.8%	211,036	+85.8%	$66.3M
MPWRMonolithic Pwr Sys Inc	13.4%	13.2%	41,727	-19.0%	$57.7M
ITTItt	8.5%	6.5%	184,902	+26.3%	$36.6M
NVTNvent Elec PLC	5.5%	4.7%	140,484	-17.5%	$23.8M
TBBBBbb Foods Inc	5.2%	8.5%	543,399	-47.3%	$22.6M
LFUSLittelfuse Inc	4.4%	4.5%	41,857	-26.7%	$19.1M
ATRCAtriCure, Inc.	3.8%	2.6%	587,399	+53.8%	$16.4M
LMATLemaitre Vascular Inc	3.6%	2.5%	161,010	+63.1%	$15.5M
OLLIOllies Bargain Outlet Holdings	3.4%	—	189,463	—	$14.6M
BELFBBel Fuse Inc. - Class B Common Stock	2.5%	1.7%	32,570	-11.7%	$10.8M
PJTPjt Partners Inc	2.0%	1.7%	57,926	+12.0%	$8.7M
PNTGPennant Group Inc	1.5%	1.3%	179,802	-0.7%	$6.6M
FROGJfrog Ltd	1.4%	1.1%	67,897	-31.7%	$6.2M
VTMXVesta Real Estate Corp	1.3%	1.3%	167,998	-2.2%	$5.8M
FSSFederal Signal Corp	1.3%	0.7%	43,766	+62.0%	$5.6M
MPTIM-Tron Inds Inc Com	1.3%	0.8%	56,681	+11.5%	$5.6M
PTRNPattern Group Inc	1.3%	1.5%	214,926	-56.9%	$5.4M
HLIHoulihan Lokey Inc	1.2%	1.3%	39,863	+1.1%	$5.3M
DGDollar Gen Corp	1.2%	0.9%	46,026	+45.8%	$5.3M
LOARLoar Holdings Inc	1.1%	0.6%	60,027	+28.1%	$4.8M
MWAMueller Wtr Prods Inc	1.0%	—	175,070	—	$4.5M
BMIBadger Meter Inc	1.0%	—	29,334	—	$4.4M
DSGXDescartes Systems Group	1.0%	0.5%	59,500	+114.0%	$4.1M
LMBLimbach Holdings Inc.	0.8%	—	47,007	—	$3.6M
RBRKRubrik Inc.	0.8%	0.5%	44,025	+11.7%	$3.5M
RXSTRxsight Inc	0.8%	0.7%	722,440	+55.2%	$3.5M
ENSGEnsign Group Inc	0.8%	0.8%	20,924	+24.6%	$3.4M
CSWCsw Industrials Inc	0.8%	0.6%	11,793	+19.0%	$3.3M
CNMCore & Main Inc	0.8%	0.9%	67,570	-12.1%	$3.3M
DXCMDexcom Inc	0.7%	0.7%	46,068	+1.5%	$3.1M
KRMNKarman Hldgs Inc	0.7%	0.6%	59,025	+98.4%	$2.9M
IBPInstalled Building Products, Inc.	0.6%	0.5%	12,180	+48.6%	$2.8M
IWMIshares Tr	0.6%	—	9,286	—	$2.8M
ARXSArxis Inc	0.6%	—	59,384	—	$2.7M
ICLRIcon Plc	0.6%	0.4%	13,910	-0.4%	$2.4M
MODModine Manufacturing Co	0.6%	0.5%	8,906	-13.4%	$2.4M
ABLAbacus Global Management Inc	0.5%	0.3%	205,787	+31.6%	$2.2M
SPXCSpx Technologies Inc	0.5%	0.3%	8,113	+27.2%	$2.0M
XPELXpel Inc	0.4%	—	37,822	—	$1.9M
ROLLRbc Bearings Incorporated	0.4%	0.4%	2,628	-5.3%	$1.7M
ALGAlamo Group Inc	0.4%	0.5%	9,935	-25.7%	$1.6M
VSECVse Corp	0.4%	0.4%	6,964	-31.3%	$1.6M
MAMAMama Mancinis Holdings Inc	0.4%	0.3%	88,406	+4.5%	$1.6M
FRPTFreshpet Inc	0.4%	0.3%	26,103	+19.4%	$1.5M
GNTXGentex Corp	0.3%	0.2%	56,554	+17.7%	$1.4M
PWPPerella Weinberg Partners	0.3%	1.8%	89,096	-79.0%	$1.4M
GICGlobal Industrial Company	0.3%	—	42,089	—	$1.4M
NEOGNeogen Corp	0.3%	0.3%	148,256	+0.0%	$1.3M
ESQEsquire Finacial Hoildings Inc	0.3%	0.3%	10,253	-10.7%	$1.2M
IDXXIdexx Labs Inc	0.3%	0.2%	2,229	+21.4%	$1.2M

What Grandeur Peak Global Advisors, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

DSGX Descartes Systems Group+114.0% shares
KRMN Karman Hldgs Inc+98.4% shares
KAI Kadant Inc+85.8% shares
LMAT Lemaitre Vascular Inc+63.1% shares
FSS Federal Signal Corp+62.0% shares
RXST Rxsight Inc+55.2% shares
ATRC AtriCure, Inc.+53.8% shares
IBP Installed Building Products, Inc.+48.6% shares

Reduced

PWP Perella Weinberg Partners-79.0% shares
PTRN Pattern Group Inc-56.9% shares
TBBB Bbb Foods Inc-47.3% shares
FROG Jfrog Ltd-31.7% shares
VSEC Vse Corp-31.3% shares
LFUS Littelfuse Inc-26.7% shares
ALG Alamo Group Inc-25.7% shares
MPWR Monolithic Pwr Sys Inc-19.0% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +53.1% /yr; S&P 500 +20.1%
3 years: +18.0% /yr; S&P 500 +20.4%
5 years: +0.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$432.1M	75
Q1 2026	$426.8M	86
Q4 2025	$742.8M	102
Q3 2025	$745.4M	104
Q2 2025	$829.9M	104
Q1 2025	$901.8M	112
Q4 2024	$1.1B	126
Q3 2024	$1.2B	133
Q2 2024	$1.3B	131
Q1 2024	$1.3B	121
Q4 2023	$1.4B	114
Q3 2023	$1.3B	112

Questions about Grandeur Peak Global Advisors, LLC's portfolio

What stocks does Grandeur Peak Global Advisors, LLC own?

Grandeur Peak Global Advisors, LLC's latest 13F, for Q2 2026 and filed Aug 17, 2026, lists 75 positions worth $432.1M. The largest are Kadant Inc (KAI) at 15.3%, Monolithic Pwr Sys Inc (MPWR) at 13.4%, Itt (ITT) at 8.5%, Nvent Elec PLC (NVT) at 5.5% and Bbb Foods Inc (TBBB) at 5.2%.

What did Grandeur Peak Global Advisors, LLC buy last quarter?

In Q2 2026, Grandeur Peak Global Advisors, LLC added Descartes Systems Group (DSGX) (+114.0% shares), Karman Hldgs Inc (KRMN) (+98.4% shares) and Kadant Inc (KAI) (+85.8% shares), compared with its Q1 2026 filing.

What did Grandeur Peak Global Advisors, LLC sell last quarter?

In Q2 2026, Grandeur Peak Global Advisors, LLC cut from its top 50 Marex Group PLC (MRX), cut from its top 50 Primoris Services Corp (PRIM), cut from its top 50 Bio-Techne Corp (TECH), cut from its top 50 Healthequity Inc (HQY), cut from its top 50 Orthopediatrics Corp (KIDS), Perella Weinberg Partners (PWP) (-79.0% shares), Pattern Group Inc (PTRN) (-56.9% shares) and Bbb Foods Inc (TBBB) (-47.3% shares), compared with its Q1 2026 filing.

How has Grandeur Peak Global Advisors, LLC's portfolio performed?

A portfolio copying Grandeur Peak Global Advisors, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +53.1% against +20.1%. Over 5 years: +0.8% a year against +11.6%.

When is Grandeur Peak Global Advisors, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Grandeur Peak Global Advisors, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Grandeur Peak Global Advisors, LLC manage?

Grandeur Peak Global Advisors, LLC reported $3.8B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $432.1M.