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Asset Manager ← All Institutions

WASATCH ADVISORS LP

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

Q4 2025 · Filed 2026-02-12
Market Value
$16.7B
-9.7%
Holdings
242
-10
New Purchases
14
Added To
68
Closed
18
Reduced
139
Top 10 Concentration
25.2%
Turnover
13.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ECG 1.11% 0.00% +1.11% $185M
PAY 1.62% 0.78% +0.84% $270M
SXI 1.78% 0.97% +0.81% $298M
XPEL 1.14% 0.58% +0.55% $190M
INTR 0.78% 0.28% +0.50% $130M
GLBE 1.13% 0.67% +0.47% $190M
DXPE 0.50% 0.08% +0.41% $83M
CSWI 1.17% 0.79% +0.38% $196M
HQY 3.61% 3.23% +0.38% $604M
ADT 0.34% 0.00% +0.34% $57M
RLI 0.74% 0.41% +0.33% $124M
OSK 0.33% 0.01% +0.32% $55M
CWAN 1.22% 0.90% +0.32% $203M
FRPT 1.44% 1.12% +0.31% $240M
CWST 2.21% 1.90% +0.31% $369M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NVMI 2.63% 3.35% -0.72% $439M
TREX 0.76% 1.44% -0.69% $126M
FN 2.24% 2.84% -0.60% $375M
POOL 0.09% 0.67% -0.58% $14M
VVV 1.42% 1.98% -0.57% $237M
OLLI 2.08% 2.56% -0.48% $347M
NCNO 0.30% 0.73% -0.42% $51M
MEDP 2.18% 2.57% -0.39% $364M
SE 1.11% 1.50% -0.38% $186M
VERX 0.00% 0.37% -0.37% $0
BRBR 0.97% 1.33% -0.36% $162M
PCTY 0.77% 1.12% -0.35% $128M
ENSG 2.96% 3.30% -0.34% $494M
ACVA 0.08% 0.39% -0.31% $13M
JBI 0.00% 0.28% -0.28% $0

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 9 $29M 0.2%
Large Cap 44 $3.7B 22.4%
Mid Cap 97 $10.1B 60.2%
Small Cap 79 $2.8B 16.7%
Micro Cap 13 $92M 0.6%

Portfolio Analytics

Avg Market Cap
$74.8B
Median Market Cap
$3.4B
Avg P/E
38.2
Median P/E
25.4
Avg Dividend Yield
0.01%
Avg Beta
1.19
# Stocks
239
# ETFs / Funds
3

Top Holdings (242 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 HQY 3.61% 6,589,646 $604M $91.61 $6M +281,971 +4.5%
2 ENSG 2.96% 2,838,566 $494M $174.20 -$116M -694,767 -19.7%
3 RBC 2.69% 1,003,337 $450M $448.43 -$58M -298,521 -22.9%
4 NVMI 2.63% 1,338,123 $439M $328.39 -$181M -603,907 -31.1%
5 FOUR 2.55% 6,778,925 $427M $62.97 -$50M +621,797 +10.1%
6 FN 2.24% 822,917 $375M $455.28 -$151M -617,728 -42.9%
7 CWST 2.21% 3,765,442 $369M $97.94 $17M +56,914 +1.5%
8 MEDP 2.18% 648,306 $364M $561.65 -$112M -277,657 -30.0%
9 OLLI 2.08% 3,164,692 $347M $109.61 -$127M -524,346 -14.2%
10 CAMT 2.02% 3,167,997 $337M $106.35 -$85M -852,686 -21.2%
11 OZK 1.91% 6,945,345 $320M $46.02 -$60M -492,301 -6.6%
12 PCOR 1.84% 4,235,424 $308M $72.74 -$54M -736,601 -14.8%
13 SXI 1.78% 1,369,859 $298M $217.28 $118M +520,506 +61.3%
14 PAY 1.62% 8,553,165 $270M $31.59 $127M +3,859,056 +82.2%
15 KAI 1.56% 913,206 $260M $285.02 -$3M +28,609 +3.2%
16 SITE 1.56% 2,088,177 $260M $124.56 -$20M -89,269 -4.1%
17 MELI 1.49% 123,906 $250M $2,014.26 -$54M -5,998 -4.6%
18 FRPT 1.44% 3,937,309 $240M $60.93 $32M +162,293 +4.3%
19 SAIA 1.43% 734,205 $240M $326.52 $9M -36,587 -4.8%
20 FIVE 1.43% 1,268,754 $239M $188.36 $8M -223,887 -15.0%
21 VVV 1.42% 8,143,960 $237M $29.06 -$131M -2,082,251 -20.4%
22 NPO 1.41% 1,104,294 $236M $214.13 -$24M -48,943 -4.2%
23 MC 1.41% 3,432,623 $236M $68.74 $304K +128,443 +3.9%
24 ICFI 1.33% 2,604,616 $222M $85.30 -$19M +10,401 +0.4%
25 LOAR 1.25% 3,064,965 $208M $68.00 -$568K +452,646 +17.3%
26 CWAN 1.22% 8,430,212 $203M $24.12 $37M -778,000 -8.4%
27 HLNE 1.22% 1,512,199 $203M $134.31 $5M +40,180 +2.7%
28 CSWI 1.17% 666,473 $196M $293.53 $50M +66,147 +11.0%
29 XPEL 1.14% 3,814,500 $190M $49.91 $82M +542,187 +16.6%
30 GLBE 1.13% 4,821,106 $190M $39.31 $66M +1,378,035 +40.0%
31 SE 1.11% 1,460,754 $186M $127.57 -$91M -92,664 -6.0%
32 ECG 1.11% 2,160,337 $185M $85.56 +2,160,337 NEW
33 FSS 1.10% 1,696,185 $184M $108.59 $10M +229,879 +15.7%
34 BCPC 1.08% 1,181,728 $181M $153.36 $19M +100,489 +9.3%
35 CCCS 1.08% 22,790,992 $181M $7.95 -$4M +2,468,151 +12.1%
36 MOD 1.05% 1,313,775 $175M $133.51 -$64M -371,373 -22.0%
37 NU 1.02% 10,206,655 $171M $16.74 -$8M -967,530 -8.7%
38 UFPT 0.98% 736,027 $163M $222.03 $35M +93,640 +14.6%
39 BRBR 0.97% 6,064,950 $162M $26.73 -$83M -685,068 -10.2%
40 CERT 0.91% 17,223,081 $152M $8.81 -$61M -175,256 -1.0%
41 FND 0.86% 2,353,330 $143M $60.89 -$43M -175,048 -6.9%
42 AAON 0.84% 1,831,414 $140M $76.25 -$60M -307,545 -14.4%
43 UFPI 0.84% 1,533,299 $140M $91.05 $19M +241,152 +18.7%
44 QTWO 0.79% 1,833,024 $132M $72.16 -$24M -325,029 -15.1%
45 INTR 0.78% 15,385,139 $130M $8.48 $78M +9,704,435 +170.8%
46 PCTY 0.77% 841,987 $128M $152.50 -$78M -455,847 -35.1%
47 GSHD 0.76% 1,733,140 $128M $73.65 -$37M -483,043 -21.8%
48 TREX 0.76% 3,601,463 $126M $35.08 -$141M -1,563,974 -30.3%
49 CNS 0.75% 2,001,404 $126M $62.78 -$11M -82,189 -3.9%
50 GWRE 0.75% 621,544 $125M $201.01 -$55M -162,980 -20.8%
51 ARHS 0.75% 11,126,553 $125M $11.21 -$5M -1,072,433 -8.8%
52 RLI 0.74% 1,938,186 $124M $63.98 $48M +765,344 +65.3%
53 MMYT 0.70% 1,425,339 $117M $82.12 $13M +310,072 +27.8%
54 COCO 0.65% 2,038,052 $108M $53.01 -$8M -691,341 -25.3%
55 PJT 0.59% 587,109 $98M $167.20 $30M +201,110 +52.1%
56 ADUS 0.58% 907,501 $97M $107.39 -$13M -28,742 -3.1%
57 CTS 0.58% 2,262,448 $97M $42.87 $25M +468,906 +26.1%
58 ALSN 0.55% 933,305 $91M $97.90 $28M +188,756 +25.4%
59 FROG 0.54% 1,445,866 $90M $62.46 -$38M -1,265,020 -46.7%
60 VITL 0.51% 2,687,246 $86M $31.94 -$11M +324,725 +13.7%
61 WING 0.51% 359,352 $86M $238.49 -$9M -15,352 -4.1%
62 AGYS 0.51% 717,357 $85M $118.84 -$4M -132,174 -15.6%
63 DXPE 0.50% 754,706 $83M $109.79 $67M +624,638 +480.2%
64 GLOB 0.49% 1,243,309 $81M $65.37 $21M +198,318 +19.0%
65 LOPE 0.48% 483,184 $80M $166.31 $9M +156,777 +48.0%
66 HWKN 0.47% 552,419 $78M $142.06 $2M +131,850 +31.4%
67 LMB 0.46% 997,394 $78M $77.85 $7M +273,818 +37.8%
68 GVA 0.46% 667,115 $77M $115.35 -$18M -194,655 -22.6%
69 NOVT 0.46% 644,782 $77M $118.99 -$7M -186,991 -22.5%
70 ARLO 0.45% 5,322,485 $74M $13.99 -$19M -182,982 -3.3%
71 MORN 0.44% 336,065 $73M $217.31 -$13M -35,818 -9.6%
72 SKY 0.43% 851,721 $72M $84.50 -$16M -296,920 -25.9%
73 BELFB 0.42% 410,487 $70M $169.63 $36M +174,969 +74.3%
74 APAM 0.40% 1,659,336 $68M $40.74 -$683K +85,955 +5.5%
75 ROAD 0.39% 607,038 $66M $108.55 -$54M -339,375 -35.9%
76 FTDR 0.38% 1,112,470 $64M $57.69 -$978K +144,184 +14.9%
77 FDP 0.38% 1,785,309 $64M $35.63 -$3M -129,847 -6.8%
78 EPAM 0.36% 291,570 $60M $204.88 $12M -27,255 -8.6%
79 ALG 0.36% 355,079 $60M $167.87 -$3M +29,028 +8.9%
80 STEP 0.35% 917,456 $59M $64.17 -$15M -215,564 -19.0%
81 ADT 0.34% 7,054,161 $57M $8.07 +7,054,161 NEW
82 EEFT 0.34% 737,681 $56M $76.11 -$11M -27,391 -3.6%
83 SBH 0.34% 3,930,068 $56M $14.26 -$19M -667,094 -14.5%
84 OSK 0.33% 438,467 $55M $125.63 $54M +428,981 +4522.2%
85 CPA 0.33% 454,723 $55M $120.61 -$10M -92,895 -17.0%
86 AX 0.32% 617,711 $53M $86.16 -$23M -287,768 -31.8%
87 NCNO 0.30% 1,973,671 $51M $25.64 -$84M -2,988,365 -60.2%
88 BROS 0.30% 824,914 $51M $61.22 $22M +286,911 +53.3%
89 UTI 0.27% 1,754,883 $46M $26.13 -$31M -606,136 -25.7%
90 RDVT 0.27% 801,215 $46M $56.95 -$814K -87,642 -9.9%
91 SCSC 0.26% 1,103,991 $43M $39.06 -$7M -35,582 -3.1%
92 TMDX 0.24% 331,848 $40M $121.65 $4M +6,646 +2.0%
93 MAMA 0.22% 2,765,648 $37M $13.49 $4M -391,973 -12.4%
94 ESQ 0.22% 360,580 $37M $102.07 -$758K -7,484 -2.0%
95 YETI 0.22% 814,213 $36M $44.17 -$5M -405,421 -33.2%
96 ESPR 0.21% 9,445,759 $35M $3.70 $16M +2,383,902 +33.8%
97 SFBS 0.21% 481,855 $35M $71.79 -$19M -185,926 -27.8%
98 WHD 0.21% 753,858 $34M $45.68 $5M -1,223 -0.2%
99 HWC 0.20% 519,727 $33M $63.68 -$716K -20,325 -3.8%
100 EZPW 0.20% 1,693,115 $33M $19.42 -$4M -219,673 -11.5%

New Positions

SymbolValue% Port
ECG $185M 1.11%
ADT $57M 0.34%
PTRN $23M 0.14%
CDNL $17M 0.10%
INDI $6M 0.03%
LDI $3M 0.02%
PVH $3M 0.02%
NTLA $3M 0.02%
ROL $2M 0.01%
FI $2M 0.01%
IWO $999K 0.01%
IWN $501K —%
PAX $215K —%
IWM $150K —%

Sold Out Positions

SymbolValue% Port
SLVM —%
HCI —%
BHE —%
FBK —%
JBI —%
FSV —%
KRT —%
BLZE —%
CPRT —%
SCVL —%
MSFT —%
VERX —%
SRAD —%
NRIX —%
WYFI —%
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