Q3 2026 13F · SEC CIK 1063497

Pembroke Management, LTD

Hedge fundFiled 2026-10-21 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $808.5M
Reported positions: 113
Top holdings a year, 3 yrs: +4.3%
Assets under management: $1.9B

Pembroke Management, LTD is a hedge fund that reported 113 positions worth $808.5M in its Q3 2026 13F, filed 2026-10-21. Its largest holdings were Everpure Inc (PSTG, 5.2%), Monolithic Pwr Sys Inc (MPWR, 4.9%), Federal Signal Corp (FSS, 4.1%). A portfolio copying its top holdings returned 4.3% a year over the last 3 years, against 20.4% for the S&P 500.

Pembroke Management, LTD holdings largest 50 of 113 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 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.

Pembroke Management, LTD 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
PSTGEverpure Inc	5.2%	6.1%	319,870	-35.7%	$41.8M
MPWRMonolithic Pwr Sys Inc	4.9%	5.8%	29,452	+10.8%	$39.7M
FSSFederal Signal Corp	4.1%	5.7%	297,616	+5.0%	$33.0M
GMEDGlobus Med Inc	3.9%	4.9%	419,566	+5.2%	$31.4M
MDAMda Space Ltd	3.4%	3.3%	935,558	+84.0%	$27.7M
OLLIOllies Bargain Outlet Holdings	3.2%	3.0%	303,522	+20.3%	$26.0M
MODModine Manufacturing Co	3.2%	6.0%	148,871	+3.5%	$25.7M
VSECVse Corp	3.1%	5.3%	154,223	+3.4%	$25.4M
AAONAaon Inc	3.1%	—	304,755	—	$25.2M
HGTYHagerty Inc	2.9%	3.2%	1,755,856	+3.1%	$23.6M
LGNDLigand Pharmaceuticals Inc	2.7%	2.0%	69,350	+72.2%	$21.7M
IMAXImax Corp	2.7%	—	392,339	—	$21.5M
CNMCore & Main Inc	2.4%	—	465,045	—	$19.3M
SIMOSilicon Motion Technology Co	2.3%	—	67,329	—	$18.9M
VBNKVersabank New	2.0%	2.8%	728,001	-4.2%	$16.2M
IBPInstalled Building Products, Inc.	2.0%	2.9%	83,525	+3.3%	$16.0M
IVVIshares Tr	1.9%	2.4%	19,780	-3.8%	$15.1M
LPXLouisiana Pac Corp	1.8%	2.7%	224,342	+3.3%	$14.5M
DSGXDescartes Systems Group	1.7%	1.1%	169,685	+63.2%	$13.7M
SAIASaia Inc	1.7%	2.6%	40,823	+3.1%	$13.6M
HCSGHealthcare Svcs Group Inc	1.7%	2.0%	661,553	+26.4%	$13.5M
MMSIMerit Med Sys Inc	1.7%	—	155,105	—	$13.4M
AXAxos Financial Inc	1.6%	—	148,387	—	$12.8M
SITESiteone Landscape Supply Inc	1.6%	2.4%	141,072	+3.8%	$12.7M
OBEObsidian Energy Ltd	1.5%	1.3%	1,161,952	+17.3%	$12.0M
ENPHEnphase Energy Inc	1.5%	2.7%	358,058	+3.5%	$11.8M
BGSIBoyd Group Services Inc	1.4%	—	149,348	—	$11.7M
GILGildan Activewear Inc	1.4%	1.0%	263,768	+113.8%	$11.2M
DORMDorman Prods Inc	1.3%	1.8%	86,468	+3.5%	$10.6M
TKRTimken Co Com	1.3%	1.7%	89,769	+20.9%	$10.5M
WCNWaste Connections Inc	1.1%	0.4%	59,687	+289.3%	$9.2M
CAICaris Life Sciences Inc	1.1%	—	299,793	—	$9.2M
WSOWatsco	1.1%	3.3%	29,840	-41.1%	$9.0M
PRCHPorch Group Inc	1.0%	1.0%	461,885	+12.1%	$7.7M
PNTGPennant Group Inc	0.9%	0.8%	189,687	+36.1%	$7.4M
CRAICRA Intl Inc	0.9%	1.0%	44,565	+4.2%	$7.3M
PMTSCpi Card Group Inc	0.9%	0.4%	283,741	+136.5%	$7.0M
RDVTRed Violet Inc	0.8%	1.3%	86,737	-34.7%	$6.9M
VCTRVictory Capital Holdings, Inc.	0.8%	1.1%	60,321	-25.3%	$6.7M
CLBTCellebrite Di Ltd	0.8%	—	548,874	—	$6.2M
SHOPShopify Inc	0.8%	—	41,215	—	$6.1M
CAECae Inc	0.7%	—	248,563	—	$6.0M
RYRoyal Bk Cda	0.7%	0.4%	29,569	+130.3%	$5.8M
WPMWheaton Precious Metals Corp	0.6%	—	37,386	—	$5.0M
IEFAIshares Tr	0.6%	0.8%	51,225	+0.0%	$5.0M
BROSDutch Bros Inc Class A	0.6%	1.3%	119,211	+3.9%	$4.6M
VGNTVersigent PLC	0.6%	0.5%	100,045	+28.5%	$4.5M
ESQEsquire Finacial Hoildings Inc	0.5%	0.5%	38,006	+56.0%	$4.4M
RBARb Global Inc	0.5%	0.3%	54,256	+290.1%	$4.4M
RGENRepligen Corp	0.5%	0.3%	21,884	+37.3%	$4.2M

What Pembroke Management, LTD bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 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: +0.8% /yr; S&P 500 +20.1%
3 years: +4.3% /yr; S&P 500 +20.4%
5 years: -3.8% /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
Q3 2026	$808.5M	113
Q2 2026	$637.5M	78
Q1 2026	$691.4M	97
Q4 2025	$967.9M	92
Q3 2025	$1.0B	89
Q2 2025	$826.7M	78
Q1 2025	$685.8M	59
Q4 2024	$802.0M	60
Q3 2024	$784.1M	58
Q2 2024	$744.4M	62
Q1 2024	$849.9M	61
Q4 2023	$805.5M	62

Questions about Pembroke Management, LTD's portfolio

What stocks does Pembroke Management, LTD own?

Pembroke Management, LTD's latest 13F, for Q3 2026 and filed Oct 21, 2026, lists 113 positions worth $808.5M. The largest are Everpure Inc (PSTG) at 5.2%, Monolithic Pwr Sys Inc (MPWR) at 4.9%, Federal Signal Corp (FSS) at 4.1%, Globus Med Inc (GMED) at 3.9% and Mda Space Ltd (MDA) at 3.4%.

What did Pembroke Management, LTD buy last quarter?

In Q3 2026, Pembroke Management, LTD added Rb Global Inc (RBA) (+290.1% shares), Waste Connections Inc (WCN) (+289.3% shares) and Cpi Card Group Inc (PMTS) (+136.5% shares), compared with its Q2 2026 filing.

What did Pembroke Management, LTD sell last quarter?

In Q3 2026, Pembroke Management, LTD cut from its top 50 Resideo Technologies Inc (REZI), cut from its top 50 Universal Technical Inst Inc (UTI), cut from its top 50 Ouster Inc (OUST), cut from its top 50 Telesat Corp Cl A & Cl B Shs (TSAT), cut from its top 50 Wingstop Inc (WING), Watsco (WSO) (-41.1% shares), Everpure Inc (PSTG) (-35.7% shares) and Red Violet Inc (RDVT) (-34.7% shares), compared with its Q2 2026 filing.

How has Pembroke Management, LTD's portfolio performed?

A portfolio copying Pembroke Management, LTD's 20 largest 13F holdings each quarter, from the day each filing was public, returned +4.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +0.8% against +20.1%. Over 5 years: -3.8% a year against +11.6%.

When is Pembroke Management, LTD's next 13F filing due?

13F filings are due 45 days after each quarter ends. Pembroke Management, LTD's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Pembroke Management, LTD manage?

Pembroke Management, LTD reported $1.9B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $808.5M.