Latest Pembroke Management, LTD Stock Portfolio

$691Million– No. of Holdings #97

Pembroke Management, LTD Performance:

2026 Q1: -3.98%YTD: -3.98%2025: -2.16%

Performance for 2026 Q1 is -3.98%, and YTD is -3.98%, and 2025 is -2.16%.

About Pembroke Management, LTD and 13F Hedge Fund Stock Holdings

Pembroke Management, LTD is a hedge fund based in Canada. On 2026-05-14, the fund reported it's updated stock portfolio. In the 13F Holdings report, Pembroke Management, LTD reported an equity portfolio of $691.4 Millions as of 31 Mar, 2026.

The top stock holdings of Pembroke Management, LTD are MPWR, REZI, MOD. The fund has invested 5.4% of it's portfolio in MONOLITHIC PWR SYS INC and 5.4% of portfolio in RESIDEO TECHNOLOGIES INC.

The fund managers got completely rid off MANHATTAN ASSOCIATES INC (MANH), VERTEX INC (VERX) and RYAN SPECIALTY HOLDINGS INC (RYAN) stocks. They significantly reduced their stock positions in BOWMAN CONSULTING GROUP LTD (BWMN), STEVANATO GROUP S P A (STVN) and Q2 HLDGS INC (QTWO). Pembroke Management, LTD opened new stock positions in MDA SPACE LTD, ENPHASE ENERGY INC (ENPH) and SAIA INC (SAIA). The fund showed a lot of confidence in some stocks as they added substantially to BK TECHNOLOGIES CORPORATION (BKTI), LOUISIANA PAC CORP (LPX) and WASTE CONNECTIONS INC (WCN).

Pembroke Management, LTD Equity Portfolio Value

Last Reported on: 14 May, 2026

Pembroke Management, LTD Annual Return Estimates Vs S&P 500

Our best estimate is that Pembroke Management, LTD made a return of -3.98% in the last quarter. In trailing 12 months, it's portfolio return was 5.61%.

Performance
S&P 500

New Buys

Ticker	$ Bought
mda space ltd	24,664,000
enphase energy inc	11,446,100
saia inc	9,135,390
vse corp	9,028,590
obsidian energy ltd	6,055,280
healthcare svcs group inc	5,548,030
pennant group inc	4,389,640
aar corp	3,688,800

New stocks bought by Pembroke Management, LTD

Additions

Ticker	% Inc.
bk technologies corporation	110
louisiana pac corp	64.09
waste connections inc	60.26
transdigm group inc	30.89
watsco inc	10.84
linde plc	9.21
cadence design system inc	7.67
cae inc	6.31

Additions to existing portfolio by Pembroke Management, LTD

Reductions

Ticker	% Reduced
bowman consulting group ltd	-88.3
stevanato group s p a	-88.07
q2 hldgs inc	-73.22
casella waste sys inc	-66.36
five below inc	-60.38
cellebrite di ltd	-53.8
workiva inc	-52.59
veeva sys inc	-52.51

Pembroke Management, LTD reduced stake in above stock

Sold off

Ticker	$ Sold
vertex inc	-12,942,500
ryan specialty holdings inc	-10,014,500
manhattan associates inc	-28,985,800
cadre hldgs inc	-6,530,850
open text corp	-882,065
colliers intl group inc	-518,945
unitedhealth group inc	-272,011
sherwin williams co	-210,620

Pembroke Management, LTD got rid off the above stocks

Sector Distribution

Pembroke Management, LTD has about 34.1% of it's holdings in Industrials sector.

Industrials
Others
Technology
Consumer Cyclical
Healthcare
Financial Services
Communication Services
Consumer Defensive

Sector	%
Industrials	34.1
Others	18
Technology	15.2
Consumer Cyclical	12
Healthcare	9.5
Financial Services	6.1
Communication Services	3.1
Consumer Defensive	1.8

Market Cap. Distribution

Pembroke Management, LTD has about 32% of it's portfolio invested in the large-cap and mega-cap stocks.

MID-CAP
LARGE-CAP
UNALLOCATED
SMALL-CAP
MEGA-CAP

Category	%
MID-CAP	42.3
LARGE-CAP	30.8
UNALLOCATED	18
SMALL-CAP	7.3
MEGA-CAP	1.2

Stocks belong to which Index?

About 51.2% of the stocks held by Pembroke Management, LTD either belong to S&P 500 or RUSSELL 2000 index.

Others
RUSSELL 2000
S&P 500

Index	%
Others	48.9
RUSSELL 2000	39.5
S&P 500	11.7

Top 5 Winners (%)		%
MOD	modine mfg co	55.6 %
UTI	universal technical inst inc	30.1 %
ASML	asml hldg nv	22.2 %
AEM	agnico eagle mines ltd	19.4 %
MPWR	monolithic pwr sys inc	17.0 %

Top 5 Winners ($)		$
MOD	modine mfg co	15.7 M
MPWR	monolithic pwr sys inc	8.2 M
AAON	aaon inc	3.2 M
UTI	universal technical inst inc	2.2 M
SITE	siteone landscape supply inc	2.0 M

Top 5 Losers (%)		%
	boyd group services inc	-40.6 %
MDB	mongodb inc	-39.3 %
CSGP	costar group inc	-37.9 %
BSX	boston scientific corp	-32.3 %
RDVT	red violet inc	-30.2 %

Top 5 Losers ($)		$
	boyd group services inc	-10.6 M
WK	workiva inc	-9.3 M
HGTY	hagerty inc	-5.8 M
QTWO	q2 hldgs inc	-5.4 M
STVN	stevanato group s p a	-4.5 M

Pembroke Management, LTD Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Pembroke Management, LTD

Pembroke Management, LTD has 97 stocks in it's portfolio. About 47.1% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. MOD was the most profitable stock for Pembroke Management, LTD last quarter.

Last Reported on: 14 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAON	aaon inc	5.15	430,089	35,589,900	reduced	-21.4

AAPL	apple inc	0.15	4,158	1,055,260	added	2.46

ACWV	ishares inc	0.35	23,623	2,404,110	unchanged	0.00

AEM	agnico eagle mines ltd	0.14	4,627	939,188	added	3.21

AGI	alamos gold inc	0.12	18,540	823,732	added	2.93

AIR	aar corp	0.53	33,700	3,688,800	new

AMZN	amazon com inc	0.15	4,832	1,006,360	added	0.9

ASML	asml hldg nv	0.08	442	583,807	reduced	-11.07

AX	axos financial inc	1.83	148,591	12,643,600	reduced	-48.51

BKTI	bk technologies corporation	0.15	14,100	1,052,280	added	110

BROS	dutch bros inc	0.40	53,977	2,734,480	reduced	-44.09

BSX	boston scientific corp	0.03	3,736	234,434	reduced	-11.05

BWMN	bowman consulting group ltd	0.21	51,411	1,462,130	reduced	-88.3

CAE	cae inc	0.25	65,768	1,713,260	added	6.31

CDNS	cadence design system inc	0.04	1,067	296,487	added	7.67

CDRE	cadre hldgs inc	0.00	0.00	0.00	sold off	-100

CHWY	chewy inc	0.63	160,327	4,328,830	reduced	-46.02

CIGI	colliers intl group inc	0.00	0.00	0.00	sold off	-100

CLBT	cellebrite di ltd	1.27	637,949	8,790,940	reduced	-53.8

CNM	core & main inc	5.05	706,237	34,888,100	reduced	-21.17