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Asset Manager ← All Institutions

WASATCH ADVISORS LP

505 WAKARA WAY 3RD FLOOR, SALT LAKE CITY, UT 84108 • 8015330777

Q2 2025 · Filed 2025-08-14
Market Value
$19.0B
+6.3%
Holdings
254
+3
New Purchases
21
Added To
106
Closed
25
Reduced
94
Top 10 Concentration
26.8%
Turnover
18.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
FN 2.75% 1.35% +1.40% $524M
NVMI 3.18% 2.16% +1.02% $606M
LOAR 1.19% 0.26% +0.92% $226M
FOUR 3.30% 2.49% +0.81% $628M
WING 0.60% 0.00% +0.60% $115M
PCOR 1.67% 1.08% +0.59% $319M
CAMT 1.56% 0.97% +0.59% $297M
ACVA 0.62% 0.14% +0.48% $118M
VERX 0.46% 0.00% +0.46% $88M
ENSG 2.88% 2.43% +0.46% $549M
RLI 0.44% 0.00% +0.44% $85M
GLBE 0.60% 0.21% +0.40% $115M
NPO 1.07% 0.72% +0.35% $204M
CERT 0.83% 0.51% +0.32% $158M
LMB 0.47% 0.17% +0.30% $90M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CYBR 0.11% 0.97% -0.86% $21M
MKTX 0.04% 0.83% -0.79% $8M
YETI 0.32% 1.07% -0.75% $60M
PCTY 1.69% 2.43% -0.74% $322M
TCOM 0.00% 0.73% -0.73% $0
BRBR 1.57% 2.25% -0.67% $300M
GLOB 1.55% 2.18% -0.63% $296M
HLNE 1.11% 1.65% -0.54% $212M
NSA 0.79% 1.32% -0.53% $150M
HLIO 0.14% 0.61% -0.47% $27M
VVV 2.07% 2.46% -0.39% $393M
OZK 1.36% 1.75% -0.39% $259M
POOL 0.72% 1.06% -0.34% $136M
TREX 1.48% 1.81% -0.33% $282M
GWRE 0.91% 1.21% -0.30% $173M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Industrials 27.4%
Technology 20.4%
Healthcare 14.8%
Financial Services 12.2%
Consumer Cyclical 11.9%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 8 $26M 0.1%
Large Cap 47 $4.3B 22.6%
Mid Cap 97 $10.9B 57.0%
Small Cap 81 $3.7B 19.5%
Micro Cap 21 $149M 0.8%

Portfolio Analytics

Avg Market Cap
$54.9B
Median Market Cap
$3.2B
Avg P/E
40.3
Median P/E
25.1
Avg Dividend Yield
0.01%
Avg Beta
1.12
# Stocks
251
# ETFs / Funds
3

Top Holdings (254 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 HQY 3.36% 6,101,064 $639M $104.76 -$124K -1,132,972 -15.7%
2 FOUR 3.30% 6,338,567 $628M $99.11 $183M +890,990 +16.4%
3 NVMI 3.18% 2,200,948 $606M $275.20 $219M +102,250 +4.9%
4 ENSG 2.88% 3,558,675 $549M $154.26 $114M +199,983 +6.0%
5 OLLI 2.81% 4,062,147 $535M $131.78 $68M +49,603 +1.2%
6 FN 2.75% 1,779,665 $524M $294.68 $282M +553,196 +45.1%
7 RBC 2.67% 1,322,678 $509M $384.80 $79M -13,670 -1.0%
8 CWST 2.07% 3,412,123 $394M $115.38 $61M +428,909 +14.4%
9 VVV 2.07% 10,383,960 $393M $37.87 -$47M -2,267,369 -17.9%
10 MELI 1.73% 126,355 $330M $2,613.63 $48M -18,100 -12.5%
11 PCTY 1.69% 1,777,333 $322M $181.19 -$113M -543,213 -23.4%
12 PNFP 1.68% 2,892,041 $319M $110.41 -$9M -206,039 -6.7%
13 PCOR 1.67% 4,656,421 $319M $68.42 $125M +1,717,492 +58.4%
14 KAI 1.64% 984,193 $312M $317.45 -$8M +34,561 +3.6%
15 BRBR 1.57% 5,174,206 $300M $57.93 -$103M -230,876 -4.3%
16 MEDP 1.56% 945,814 $297M $313.86 $44M +116,354 +14.0%
17 CAMT 1.56% 3,506,727 $297M $84.56 $123M +550,072 +18.6%
18 GLOB 1.55% 3,254,556 $296M $90.84 -$95M -67,059 -2.0%
19 TREX 1.48% 5,185,652 $282M $54.38 -$43M -403,724 -7.2%
20 FRPT 1.37% 3,839,332 $261M $67.96 $34M +1,116,217 +41.0%
21 OZK 1.36% 5,513,259 $259M $47.06 -$55M -1,715,073 -23.7%
22 SE 1.28% 1,524,805 $244M $159.94 $25M -151,818 -9.1%
23 GSHD 1.26% 2,275,369 $240M $105.51 $1M +253,777 +12.6%
24 SITE 1.24% 1,954,487 $236M $120.94 -$6M -44,377 -2.2%
25 SAIA 1.19% 825,687 $226M $273.99 -$4M +166,486 +25.3%
26 LOAR 1.19% 2,624,649 $226M $86.17 $179M +1,953,148 +290.9%
27 FIVE 1.13% 1,633,550 $214M $131.18 $44M -645,027 -28.3%
28 INSP 1.11% 1,634,395 $212M $129.77 -$31M +110,288 +7.2%
29 HLNE 1.11% 1,488,224 $212M $142.12 -$84M -497,077 -25.0%
30 CWAN 1.10% 9,567,391 $210M $21.93 -$39M +274,664 +3.0%
31 FND 1.08% 2,717,183 $206M $75.96 $23M +437,396 +19.2%
32 NPO 1.07% 1,065,791 $204M $191.55 $76M +270,909 +34.1%
33 CSWI 1.07% 707,656 $203M $286.83 $31M +118,430 +20.1%
34 MORN 1.06% 644,799 $202M $313.93 $3M -19,446 -2.9%
35 QTWO 1.03% 2,098,037 $196M $93.59 $31M +25,493 +1.2%
36 ICFI 0.99% 2,219,606 $188M $84.71 -$1M -7,258 -0.3%
37 CNS 0.98% 2,465,698 $186M $75.35 $14M +323,759 +15.1%
38 MC 0.93% 2,845,605 $177M $62.32 $18M +112,281 +4.1%
39 MOD 0.93% 1,792,413 $177M $98.50 $41M +23,955 +1.4%
40 NU 0.92% 12,795,827 $176M $13.72 -$24M -6,710,656 -34.4%
41 NCNO 0.91% 6,216,777 $174M $27.97 -$10M -472,381 -7.1%
42 GWRE 0.91% 735,568 $173M $235.45 -$44M -424,927 -36.6%
43 UFPT 0.83% 650,960 $159M $244.16 $29M +8,770 +1.4%
44 CERT 0.83% 13,532,882 $158M $11.70 $66M +4,244,230 +45.7%
45 BCPC 0.80% 960,092 $153M $159.20 -$25M -108,916 -10.2%
46 NSA 0.79% 4,698,546 $150M $31.99 -$87M -1,314,351 -21.9%
47 NOVT 0.74% 1,100,029 $142M $128.93 $15M +104,985 +10.6%
48 XPEL 0.74% 3,947,310 $142M $35.90 $31M +188,368 +5.0%
49 UFPI 0.74% 1,408,538 $140M $99.36 -$4M +67,849 +5.1%
50 POOL 0.72% 467,879 $136M $291.48 -$54M -128,744 -21.6%
51 SXI 0.71% 866,830 $136M $156.48 $49M +332,941 +62.4%
52 CCCS 0.70% 14,141,436 $133M $9.41 -$19M -2,752,710 -16.3%
53 AAON 0.65% 1,682,399 $124M $73.75 -$13M -76,070 -4.3%
54 ROAD 0.63% 1,121,919 $119M $106.28 $4M -483,845 -30.1%
55 ACVA 0.62% 7,295,400 $118M $16.22 $93M +5,475,874 +300.9%
56 AGYS 0.61% 1,004,918 $115M $114.64 $46M +50,536 +5.3%
57 GLBE 0.60% 3,424,182 $115M $33.54 $78M +2,392,124 +231.8%
58 WING 0.60% 340,792 $115M $336.74 +340,792 NEW
59 FROG 0.59% 2,557,603 $112M $43.88 $33M +74,153 +3.0%
60 ARHS 0.58% 12,703,259 $110M $8.67 $7M +811,337 +6.8%
61 ADUS 0.56% 929,154 $107M $115.19 -$16M -316,381 -25.4%
62 MMYT 0.52% 1,009,860 $99M $98.02 $17M +173,622 +20.8%
63 COCO 0.50% 2,642,852 $95M $36.10 $13M -43,584 -1.6%
64 LMB 0.47% 638,879 $90M $140.10 $60M +237,475 +59.2%
65 VERX 0.46% 2,498,730 $88M $35.34 +2,498,730 NEW
66 RLI 0.44% 1,171,527 $85M $72.22 +1,171,527 NEW
67 VITL 0.42% 2,074,803 $80M $38.52 $45M +923,507 +80.2%
68 ARLO 0.42% 4,678,880 $79M $16.96 $44M +1,082,443 +30.1%
69 SHAK 0.41% 559,247 $79M $140.60 $23M -68,780 -10.9%
70 LGIH 0.40% 1,467,855 $76M $51.52 -$19M +48,795 +3.4%
71 CTS 0.38% 1,708,665 $73M $42.61 -$8M -243,861 -12.5%
72 GVA 0.38% 766,868 $72M $93.51 $2M -159,847 -17.2%
73 AX 0.36% 909,055 $69M $76.04 $4M -105,001 -10.3%
74 VECO 0.36% 3,396,804 $69M $20.32 $4M +157,978 +4.9%
75 ALSN 0.36% 725,513 $69M $94.99 $8M +91,966 +14.5%
76 UTI 0.34% 1,927,195 $65M $33.89 $8M -321,143 -14.3%
77 STEP 0.32% 1,111,135 $62M $55.50 $4M +16,410 +1.5%
78 EEFT 0.32% 607,542 $62M $101.38 -$4M -5,192 -0.8%
79 APAM 0.32% 1,368,001 $61M $44.33 $7M +4,384 +0.3%
80 YETI 0.32% 1,917,701 $60M $31.52 -$131M -3,870,285 -66.9%
81 ALKT 0.31% 1,934,690 $58M $30.14 $7M -2,337 -0.1%
82 EPAM 0.30% 318,825 $56M $176.82 $12M +58,675 +22.6%
83 FTDR 0.29% 942,673 $56M $58.94 $11M -216,980 -18.7%
84 TGNA 0.29% 3,242,220 $54M $16.76 $53M +3,184,505 +5517.6%
85 LOPE 0.28% 285,457 $54M $189.00 -$368K -28,491 -9.1%
86 GDYN 0.28% 4,669,558 $54M $11.55 -$17M +112,319 +2.5%
87 HWKN 0.28% 379,385 $54M $142.10 $12M -19,683 -4.9%
88 ALG 0.27% 235,495 $51M $218.38 +235,495 NEW
89 MTDR 0.26% 1,053,950 $50M $47.72 -$7M -74,431 -6.6%
90 PAY 0.26% 1,513,953 $50M $32.75 +1,513,953 NEW
91 SKY 0.26% 776,093 $49M $62.61 -$50M -261,748 -25.2%
92 BHE 0.25% 1,229,825 $48M $38.83 $1M +6,868 +0.6%
93 CPA 0.24% 410,899 $45M $109.97 -$2M -104,688 -20.3%
94 TMDX 0.24% 335,326 $45M $134.01 $14M -117,959 -26.0%
95 FDP 0.23% 1,357,518 $44M $32.42 +1,357,518 NEW
96 WEAV 0.23% 5,243,339 $44M $8.32 -$17M -230,581 -4.2%
97 SLVM 0.22% 837,221 $42M $50.10 -$10M +58,449 +7.5%
98 FLO 0.21% 2,553,328 $41M $15.98 -$17M -494,661 -16.2%
99 RDVT 0.21% 805,026 $40M $49.20 $8M -48,866 -5.7%
100 SFBS 0.21% 507,316 $39M $77.51 $2M +56,663 +12.6%

New Positions

SymbolValue% Port
WING $115M 0.60%
VERX $88M 0.46%
RLI $85M 0.44%
ALG $51M 0.27%
PAY $50M 0.26%
FDP $44M 0.23%
OS $36M 0.19%
WLDN $20M 0.11%
AII $16M 0.08%
ORN $13M 0.07%
PRO $10M 0.05%
BOOT $9M 0.05%
PI $9M 0.05%
IIIV $8M 0.04%
NSSC $7M 0.03%

Sold Out Positions

SymbolValue% Port
BCO —%
DOW —%
GCMG —%
BTMD —%
MYFW —%
MGPI —%
IOSP —%
INMD —%
ICLR —%
FLYW —%
GENK —%
EWT —%
PDD —%
TRNS —%
STRL —%
View SEC EDGAR Filings for WASATCH ADVISORS LP →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms