Latest Summit Creek Advisors LLC Stock Portfolio

$793Million– No. of Holdings #68

Summit Creek Advisors LLC Performance:

2024 Q1: 7.48%YTD: 7.48%2023: 9.15%

Performance for 2024 Q1 is 7.48%, and YTD is 7.48%, and 2023 is 9.15%.

About Summit Creek Advisors LLC and 13F Hedge Fund Stock Holdings

Summit Creek Advisors LLC is a hedge fund based in MINNEAPOLIS, MN. On 27-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $753.7 Millions. In it's latest 13F Holdings report, Summit Creek Advisors LLC reported an equity portfolio of $793.3 Millions as of 31 Mar, 2024.

The top stock holdings of Summit Creek Advisors LLC are DSGX, ADUS, CCCS. The fund has invested 3.6% of it's portfolio in DESCARTES SYSTEMS GROUP and 3.5% of portfolio in ADDUS HOMECARE.

The fund managers got completely rid off WNS LIMITED (WNS), ENGAGESMART, INC (ESMT) and OMNICELL INC. (OMCL) stocks. They significantly reduced their stock positions in DOUBLEVERIFY (DV), LITTELFUSE INC. (LFUS) and ICON PLC (ICLR). Summit Creek Advisors LLC opened new stock positions in WNS HOLDINGS LTD, FIRSTSERVICE CORP (FSV) and PROGYNY INC (PGNY). The fund showed a lot of confidence in some stocks as they added substantially to CBIZ INC (CBZ), FIVE9, INC (FIVN) and BOWMAN CONSULTING GROUP (BWMN).

Summit Creek Advisors LLC Equity Portfolio Value

Last Reported on: 10 May, 2024

Summit Creek Advisors LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Summit Creek Advisors LLC made a return of 7.48% in the last quarter. In trailing 12 months, it's portfolio return was 14.42%.

New Buys

Ticker	$ Bought
wns holdings ltd	15,672,800
firstservice corp	11,709,800
progyny inc	7,298,820
vita coco co inc	3,727,380
align tech	284,635
globant sa	237,031
dynatrace, inc.	200,853

New stocks bought by Summit Creek Advisors LLC

Additions

Ticker	% Inc.
cbiz inc	28.48
five9, inc	18.96
bowman consulting group	18.95
q2 holdings inc	16.64
option care health inc	14.71
digi international inc	13.92
alarm.com	13.2
willdan group inc	3.33

Additions to existing portfolio by Summit Creek Advisors LLC

Reductions

Ticker	% Reduced
doubleverify	-42.84
littelfuse inc.	-32.77
icon plc	-31.99
vericel corporation	-21.22
construction partners inc	-20.07
trex company	-15.01
bio-techne corp	-14.83
mister car wash, inc	-1.18

Summit Creek Advisors LLC reduced stake in above stock

Sold off

Ticker	$ Sold
engagesmart, inc	-7,403,730
wns limited	-19,490,600
omnicell inc.	-7,151,510
monolithic power systems inc.	-259,881

Summit Creek Advisors LLC got rid off the above stocks

Sector Distribution

Summit Creek Advisors LLC has about 39.5% of it's holdings in Technology sector.

Sector	%
Technology	39.5
Healthcare	21.1
Industrials	13.8
Consumer Cyclical	11.1
Others	8.5
Consumer Defensive	4.2
Financial Services	1.7

Market Cap. Distribution

Summit Creek Advisors LLC has about 11% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	64
SMALL-CAP	16.6
UNALLOCATED	8.5
LARGE-CAP	8.4
MEGA-CAP	2.6

Stocks belong to which Index?

About 60.6% of the stocks held by Summit Creek Advisors LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	58.2
Others	39.5
S&P 500	2.4

Top 5 Winners (%)		%
PSTG	pure storage	45.6 %
VCEL	vericel corporation	41.7 %
WLDN	willdan group inc	35.1 %
MEDP	medpace holdings, inc.	31.6 %
ARHS	arhaus, inc	29.8 %

Top 5 Winners ($)		$
PSTG	pure storage	8.0 M
VCEL	vericel corporation	6.5 M
ROAD	construction partners inc	4.9 M
BOOT	boot barn holdings	4.8 M
MEDP	medpace holdings, inc.	4.7 M

Top 5 Losers (%)		%
TWKS	thoughtworks holding	-47.4 %
INST	instructure holdings	-20.8 %
FIVN	five9, inc	-20.0 %
QLYS	qualys inc.	-14.9 %
FIVE	five below inc.	-14.8 %

Top 5 Losers ($)		$
FIVN	five9, inc	-3.1 M
TWKS	thoughtworks holding	-3.0 M
FIVE	five below inc.	-2.6 M
INST	instructure holdings	-2.4 M
LFUS	littelfuse inc.	-2.3 M

Summit Creek Advisors LLC Holdings Map

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

Current Stock Holdings of Summit Creek Advisors LLC

Summit Creek Advisors LLC has 68 stocks in it's portfolio. About 31% of the portfolio is in top 10 stocks. FIVN proved to be the most loss making stock for the portfolio. PSTG was the most profitable stock for Summit Creek Advisors LLC last quarter.

Last Reported on: 10 May, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABCB	ameris bancorp	1.67	273,358	13,225,100	added	0.6

ADUS	addus homecare	3.49	268,224	27,718,300	added	0.65

ALGN	align tech	0.04	868	284,635	new

ALRM	alarm.com	2.44	267,573	19,391,000	added	13.2

ARHS	arhaus, inc	2.45	1,261,840	19,419,700	added	0.68

BOOT	boot barn holdings	3.15	262,262	24,954,200	added	0.69

BOX	box inc	0.67	188,417	5,335,970	added	0.66

BWMN	bowman consulting group	1.32	300,253	10,445,800	added	18.95

CBZ	cbiz inc	1.05	106,615	8,369,280	added	28.48

CCCS	ccc intelligent solutions	3.36	2,225,510	26,617,100	added	0.68

COCO	vita coco co inc	0.47	152,574	3,727,380	new

DGII	digi international inc	1.36	338,827	10,818,700	added	13.92

DLB	dolby laboratories	0.06	6,181	517,782	added	1.21

DORM	dorman products inc	2.76	227,303	21,909,700	added	0.62

DSGX	descartes systems group	3.65	315,990	28,922,600	added	0.65

DT	dynatrace, inc.	0.03	4,325	200,853	new

DV	doubleverify	1.32	297,327	10,454,000	reduced	-42.84

ENV	envestnet inc.	2.36	323,547	18,736,600	added	0.64

ESMT	engagesmart, inc	0.00	0.00	0.00	sold off	-100

EVH	evolent health	2.37	573,768	18,813,900	added	0.6