Pembroke Management, LTD
CIK 1063497 · View on SEC EDGAR ↗
- Portfolio value
- $773.7M
- Positions
- 100
- As of
- June 30, 2026
#2,896 of 9,443 by 13F value · top 30.7%
Portfolio value QoQ: +11.9% 13F does not disclose cash
- Top 10 holdings weight
- 42.82%
- Top 25 holdings weight
- 75.22%
- Positions above 1%
- 30
- Effective number of positions
- 35.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 16.76% Est. buys $122,756,415 · sells $135,208,874
Median holding: 4.5 quarters Tracked Q4 2024–Q2 2026 · 74.6% still held
- New positions
- 15
- Increased
- 22
- Decreased
- 59
- Closed
- 12
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +2.6% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 95.4% · Options excluded: 0.0%
Sector breakdown
Industrials
40.9%
Technology
17.2%
Financials
7.5%
Health Care
7.2%
Consumer Discretionary
4.4%
Retail
3.8%
Communication Services
3.0%
Consumer products
2.4%
Paper & Forest
2.2%
Financial Services
1.5%
Diversified Consumer Services
0.8%
Telecommunication
0.6%
Materials
0.5%
Real Estate
0.2%
Other/Unmapped
7.9%
Full portfolio 100 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| PSTG Everpure, Inc. Class A common stock | $39,199,837 | 5.07% | 497,523 | $12,240,697 | Up ×1 | ||
| MOD Modine Manufacturing Company Common Stock | $38,423,911 | 4.97% | 143,899 | $2,478,007 | Down ×3 | ||
| AAON AAON, Inc. - Common Stock | $37,652,809 | 4.87% | 296,806 | $2,062,944 | Down ×3 | ||
| MPWR Monolithic Power Systems, Inc. - Common Stock | $36,730,688 | 4.75% | 26,571 | $-877,272 | Down ×4 | ||
| FSS Federal Signal Corporation Common Stock | $36,412,396 | 4.71% | 283,387 | $5,282,999 | Down ×2 | ||
| REZI Resideo Technologies, Inc. Common Stock | $34,990,517 | 4.52% | 1,125,097 | $-2,600,482 | Up ×1 | ||
| VSEC VSE Corporation - Common Stock | $34,072,549 | 4.40% | 149,114 | $25,043,956 | Up ×1 | ||
| GMED Globus Medical, Inc. Class A Common Stock | $31,513,929 | 4.07% | 398,860 | $-3,685,791 | Down ×2 | ||
| IMAX Imax Corporation Common Stock | $21,196,870 | 2.74% | 531,783 | $2,651,107 | Up ×1 | ||
| WSO Watsco, Inc. Common Stock | $21,113,209 | 2.73% | 50,664 | $2,240,511 | Down ×1 | ||
| CNM Core & Main, Inc. Class A Common Stock | $21,105,226 | 2.73% | 437,414 | $-13,782,882 | Down ×3 | ||
| Unknown issuer (CUSIP: 55293N109) | $20,990,632 | 2.71% | 508,494 | $-3,673,327 | Down ×1 | ||
| HGTY Hagerty, Inc. Class A Common Stock | $20,298,878 | 2.62% | 1,702,926 | $1,997,675 | Down ×3 | ||
| OLLI Ollie's Bargain Outlet Holdings, Inc. - Common Stock | $19,399,669 | 2.51% | 252,337 | $13,367,828 | Up ×1 | ||
| IBP Installed Building Products, Inc. Common Stock | $18,585,552 | 2.40% | 80,863 | $-1,303,615 | Up ×1 | ||
| VBNK VersaBank - Common Shares | $17,636,583 | 2.28% | 759,870 | $7,649,907 | Up ×1 | ||
| LPX Louisiana-Pacific Corporation Common Stock | $17,089,436 | 2.21% | 217,257 | $903,143 | Down ×1 | ||
| ENPH Enphase Energy, Inc. - Common Stock | $17,030,639 | 2.20% | 345,870 | $5,584,493 | Up ×1 | ||
| SAIA Saia, Inc. - Common Stock | $16,677,515 | 2.16% | 39,599 | $7,542,127 | Up ×1 | ||
| SITE SiteOne Landscape Supply, Inc. Common Stock | $15,555,756 | 2.01% | 135,965 | $-10,730,008 | Down ×3 | ||
| IVV | $15,401,672 | 1.99% | 20,566 | $978,142 | Down ×4 | ||
| AX Axos Financial, Inc. Common Stock | $13,941,573 | 1.80% | 143,152 | $1,297,965 | Down ×2 | ||
| HCSG Healthcare Services Group, Inc. - Common Stock | $12,850,406 | 1.66% | 523,225 | $7,302,379 | Up ×1 | ||
| LGND Ligand Pharmaceuticals Incorporated - Common Stock | $12,731,157 | 1.65% | 40,277 | Up ×1 | |||
| DORM Dorman Products, Inc. - Common Stock | $11,398,897 | 1.47% | 83,539 | $2,306,949 | Down ×2 | ||
| TKR Timken Company (The) Common Stock | $10,791,027 | 1.39% | 74,257 | Up ×1 | |||
| BGSI Boyd Group Services Inc. Common Shares | $10,571,041 | 1.37% | 111,721 | $-4,013,821 | Down ×2 | ||
| RDVT Red Violet, Inc. - Common Stock | $8,460,805 | 1.09% | 132,781 | $3,843,885 | Down ×3 | ||
| BROS Dutch Bros Inc. Class A Common Stock | $8,240,198 | 1.07% | 114,750 | $5,505,723 | Up ×1 | ||
| OBE | $8,050,846 | 1.04% | 990,264 | $1,995,567 | Up ×1 | ||
| CLBT Cellebrite DI Ltd. - Ordinary Shares | $7,398,360 | 0.96% | 506,737 | $-1,392,577 | Down ×6 | ||
| DSGX The Descartes Systems Group Inc. - Common Stock | $7,199,644 | 0.93% | 103,981 | $-194,150 | Up ×3 | ||
| VCTR Victory Capital Holdings, Inc. - Common Stock | $6,784,651 | 0.88% | 80,712 | $1,369,913 | Down ×6 | ||
| GIL Gildan Activewear, Inc. Class A Sub. Vot. Common Stock | $6,367,285 | 0.82% | 123,397 | $-542,108 | Down ×2 | ||
| PRCH Porch Group, Inc. - Common Stock | $6,194,359 | 0.80% | 411,859 | $4,250,543 | Up ×1 | ||
| CRAI CRA International,Inc. - Common Stock | $6,088,590 | 0.79% | 42,787 | $-725,910 | Up ×1 | ||
| UTI Universal Technical Institute Inc Common Stock | $5,901,961 | 0.76% | 137,993 | $22,968 | Down ×6 | ||
| PNTG The Pennant Group, Inc. - Common Stock | $5,151,680 | 0.67% | 139,423 | $762,042 | Down ×1 | ||
| IEFA | $4,947,311 | 0.64% | 51,225 | $107,396 | Down ×2 | ||
| OUST Ouster, Inc. - Common Stock | $4,922,825 | 0.64% | 78,740 | Up ×1 | |||
| AIR AAR Corp. Common Stock | $4,714,403 | 0.61% | 32,984 | $1,025,601 | Down ×1 | ||
| TSAT Telesat Corporation - Class A Common Shares and Class B Variable Voting Shares | $4,643,828 | 0.60% | 91,739 | $1,283,418 | Down ×1 | ||
| WING Wingstop Inc. - Common Stock | $4,548,371 | 0.59% | 26,229 | Up ×1 | |||
| IEMG | $3,993,965 | 0.52% | 48,213 | $125,560 | Down ×3 | ||
| BOBS Bob's Discount Furniture, Inc. Common Stock | $3,935,889 | 0.51% | 248,792 | $1,876,666 | Up ×1 | ||
| MAIN Main Street Capital Corporation Common Stock | $3,438,555 | 0.44% | 66,279 | $-509 | Up ×3 | ||
| LTH Life Time Group Holdings, Inc. Common Stock | $3,388,046 | 0.44% | 82,959 | Up ×1 | |||
| FIVE Five Below, Inc. - Common Stock | $3,271,099 | 0.42% | 18,194 | $-1,011,073 | Down ×3 | ||
| Unknown issuer (CUSIP: G9600F104) | $3,270,142 | 0.42% | 77,842 | Up ×1 | |||
| TXG 10x Genomics, Inc. - Common Stock | $3,174,284 | 0.41% | 82,793 | Up ×1 | |||
| ESQ Esquire Financial Holdings, Inc. - Common Stock | $2,902,711 | 0.38% | 24,370 | Up ×1 | |||
| EUSA | $2,697,510 | 0.35% | 23,623 | $293,397 | |||
| RY Royal Bank Of Canada Common Stock | $2,657,081 | 0.34% | 12,838 | $510,908 | Down ×1 | ||
| WCN Waste Connections, Inc. Common Shares | $2,555,858 | 0.33% | 15,333 | $831,233 | Up ×2 | ||
| PMTS CPI Card Group Inc. - Common Stock | $2,492,561 | 0.32% | 119,950 | $1,047,844 | Up ×1 | ||
| RGEN Repligen Corporation - Common Stock | $2,175,263 | 0.28% | 15,943 | Up ×1 | |||
| RBA RB Global, Inc. Common Stock | $1,619,587 | 0.21% | 13,908 | Up ×1 | |||
| BKTI | $1,606,450 | 0.21% | 18,684 | $554,167 | Up ×2 | ||
| CAE CAE Inc. Ordinary Shares | $1,594,944 | 0.21% | 63,645 | $-118,312 | Down ×1 | ||
| BWMN Bowman Consulting Group Ltd. - Common Stock | $1,501,201 | 0.19% | 51,411 | $39,072 | |||
| NVDA NVIDIA Corporation - Common Stock | $1,403,831 | 0.18% | 7,016 | $175,532 | Down ×2 | ||
| CXDO Crexendo, Inc. - Common Stock | $1,368,287 | 0.18% | 183,171 | $162,848 | Down ×1 | ||
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $1,208,481 | 0.16% | 10,584 | $-88,866 | Down ×1 | ||
| AAPL Apple Inc. - Common Stock | $1,198,818 | 0.15% | 4,143 | $143,559 | Down ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $1,147,607 | 0.15% | 4,815 | $141,246 | Down ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,129,647 | 0.15% | 3,161 | $217,507 | Down ×1 | ||
| FSV FirstService Corporation - Common Shares | $899,556 | 0.12% | 6,330 | $-9,251 | Down ×1 | ||
| BN Brookfield Corporation Class A Limited Voting Shares | $879,398 | 0.11% | 20,648 | $15,930 | Down ×1 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $877,343 | 0.11% | 441 | $293,536 | Down ×2 | ||
| FERG Ferguson Enterprises Inc. Common Stock | $817,839 | 0.11% | 3,446 | $10,993 | Down ×1 | ||
| HBM Hudbay Minerals Inc. Ordinary Shares (Canada) | $767,349 | 0.10% | 32,501 | Up ×1 | |||
| MSFT Microsoft Corporation - Common Stock | $725,524 | 0.09% | 1,945 | $2,952 | Down ×2 | ||
| WPM Wheaton Precious Metals Corp Common Shares (Canada) | $717,051 | 0.09% | 6,384 | $-147,222 | Down ×1 | ||
| AEM Agnico Eagle Mines Limited Common Stock | $694,672 | 0.09% | 4,478 | $-244,516 | Down ×1 | ||
| TDG Transdigm Group Incorporated Common Stock | $664,688 | 0.09% | 499 | $85,208 | Down ×1 | ||
| LIN Linde plc - Ordinary Shares | $662,686 | 0.09% | 1,277 | $27,617 | Down ×1 | ||
| AGI Alamos Gold Inc. Class A Common Shares | $656,163 | 0.08% | 21,627 | $-167,569 | Up ×2 | ||
| ARM Arm Holdings plc - American Depositary Shares | $601,351 | 0.08% | 1,696 | Up ×1 | |||
| LLY Eli Lilly and Company Common Stock | $584,122 | 0.08% | 487 | $135,274 | Down ×1 | ||
| MDB MongoDB, Inc. - Class A Common Stock | $496,460 | 0.06% | 1,478 | $133,466 | Down ×2 | ||
| MA Mastercard Incorporated Common Stock | $466,349 | 0.06% | 908 | $11,159 | Down ×2 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $449,505 | 0.06% | 798 | $-8,199 | Down ×2 | ||
| ORLY O'Reilly Automotive, Inc. - Common Stock | $442,585 | 0.06% | 4,806 | $-2,718 | Down ×3 | ||
| WMT Walmart Inc. - Common Stock | $434,579 | 0.06% | 3,837 | $-44,023 | Down ×2 | ||
| GE GE Aerospace Common Stock | $426,800 | 0.06% | 1,142 | $101,600 | Down ×1 | ||
| CDNS Cadence Design Systems, Inc. - Common Stock | $399,340 | 0.05% | 1,064 | $102,853 | Down ×1 | ||
| ONON On Holding AG Class A Ordinary Shares | $391,887 | 0.05% | 11,064 | $13,959 | Down ×2 | ||
| IDXX IDEXX Laboratories, Inc. - Common Stock | $380,090 | 0.05% | 722 | $-26,718 | Down ×2 | ||
| TT Trane Technologies plc | $362,967 | 0.05% | 739 | $53,746 | Down ×2 | ||
| SPOT Spotify Technology S.A. Ordinary Shares | $348,021 | 0.04% | 758 | $89,564 | Up ×1 | ||
| PSA Public Storage Common Stock | $347,913 | 0.04% | 1,093 | $50,758 | Down ×1 | ||
| ODFL Old Dominion Freight Line, Inc. - Common Stock | $328,799 | 0.04% | 1,518 | Up ×1 | |||
| RTX RTX Corporation Common Stock | $323,300 | 0.04% | 1,704 | $-6,559 | Down ×1 | ||
| FCX Freeport-McMoRan, Inc. Common Stock | $313,381 | 0.04% | 4,983 | $19,363 | Down ×1 | ||
| HD Home Depot, Inc. (The) Common Stock | $312,122 | 0.04% | 885 | $20,068 | Down ×2 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $305,904 | 0.04% | 736 | ||||
| CPRT Copart, Inc. - Common Stock | $241,560 | 0.03% | 8,569 | $-43,993 | Down ×2 | ||
| PGR Progressive Corporation (The) Common Stock | $235,708 | 0.03% | 1,079 | $21,807 | |||
| SHW Sherwin-Williams Company (The) Common Stock | $213,823 | 0.03% | 621 | ||||
| COST Costco Wholesale Corporation - Common Stock | $212,352 | 0.03% | 227 | $-13,838 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| LGND | $12,731,157 | 40,277 | 1.65% |
| TKR | $10,791,027 | 74,257 | 1.39% |
| OUST | $4,922,825 | 78,740 | 0.64% |
| WING | $4,548,371 | 26,229 | 0.59% |
| LTH | $3,388,046 | 82,959 | 0.44% |
| Unknown issuer (CUSIP: G9600F104) | $3,270,142 | 77,842 | 0.42% |
| TXG | $3,174,284 | 82,793 | 0.41% |
| ESQ | $2,902,711 | 24,370 | 0.38% |
| RGEN | $2,175,263 | 15,943 | 0.28% |
| RBA | $1,619,587 | 13,908 | 0.21% |
| HBM | $767,349 | 32,501 | 0.10% |
| ARM | $601,351 | 1,696 | 0.08% |
| ODFL | $328,799 | 1,518 | 0.04% |
| UNH | $305,904 | 736 | 0.04% |
| SHW | $213,823 | 621 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| VSEC | Bought more | +100K | +$25.0M |
| CNM | Trimmed | -269K | -$13.8M |
| OLLI | Bought more | +187K | +$13.4M |
| PSTG | Bought more | +41K | +$12.2M |
| SITE | Trimmed | -62K | -$10.7M |
| VBNK | Bought more | +55K | +$7.6M |
| SAIA | Bought more | +14K | +$7.5M |
| HCSG | Bought more | +224K | +$7.3M |
| ENPH | Bought more | +43K | +$5.6M |
| BROS | Bought more | +61K | +$5.5M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| MANH | March 31, 2026 | 167,248 | $28,985,751 | 57.4% |
| TREX | Dec. 31, 2025 | 476,311 | $24,610,989 | 33.9% |
| TECH | June 30, 2026 | 372,325 | $19,457,705 | 2.4% |
| NCNO | June 30, 2025 | 684,008 | $18,789,700 | -26.7% |
| BRKR | Sept. 30, 2025 | 400,893 | $16,516,792 | 81.9% |
| WK | June 30, 2026 | 224,900 | $13,410,787 | 57.0% |
| VERX | March 31, 2026 | 648,097 | $12,942,497 | 13.8% |
| CCC | Dec. 31, 2025 | 1,335,265 | $12,164,264 | -6.2% |
| WNS | Sept. 30, 2025 | 174,181 | $11,015,206 | No longer tracked |
| BASE | June 30, 2025 | 693,493 | $10,922,515 | No longer tracked |
| RYAN | March 31, 2026 | 193,966 | $10,014,465 | 27.1% |
| AOS | March 31, 2025 | 144,761 | $9,874,148 | -2.8% |
| KBR | Dec. 31, 2025 | 207,742 | $9,824,119 | -5.5% |
| SPSC | March 31, 2025 | 51,360 | $9,449,726 | -39.9% |
| CDRE | March 31, 2026 | 159,913 | $6,530,847 | 9.8% |
| FC | March 31, 2025 | 147,821 | $5,555,113 | -27.4% |
| AIN | March 31, 2025 | 68,881 | $5,508,414 | -13.5% |
| LCII | June 30, 2026 | 42,026 | $5,168,357 | -0.5% |
| QTWO | June 30, 2026 | 91,885 | $4,346,161 | 33.0% |
| CHWY | June 30, 2026 | 160,327 | $4,328,829 | 19.5% |
| OS | March 31, 2025 | 97,637 | $2,784,607 | No longer tracked |
| STVN | June 30, 2026 | 150,818 | $2,073,748 | 21.0% |
| ARX | Dec. 31, 2025 | 93,785 | $1,396,459 | 19.7% |
| CWST | June 30, 2026 | 17,073 | $1,354,572 | -4.2% |
| CNI | Dec. 31, 2025 | 12,503 | $1,179,033 | 29.1% |
| GIB | June 30, 2026 | 14,220 | $1,039,482 | 16.7% |
| OTEX | March 31, 2026 | 19,733 | $882,065 | 9.4% |
| STN | June 30, 2026 | 6,933 | $599,011 | 6.8% |
| CIGI | March 31, 2026 | 3,530 | $518,945 | 2.3% |
| TYL | March 31, 2026 | 600 | $272,370 | 2.0% |
| UNH | March 31, 2026 | 824 | $272,011 | 45.0% |
| BSX | June 30, 2026 | 3,736 | $234,434 | 20.6% |
| ISRG | Sept. 30, 2025 | 397 | $215,734 | -11.7% |
| VEEV | June 30, 2026 | 1,218 | $213,954 | 42.0% |
| CSGP | June 30, 2026 | 5,241 | $211,422 | 18.2% |
| SHW | March 31, 2026 | 650 | $210,620 | 7.2% |