SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Pembroke Management, LTD

CIK 0001063497 · 1002 SHERBROOKE STREET WEST, SUITE 1700, MONTREAL, A8, H3A 3S4 · 514-848-1991

Reported Value
$1.2B
Q1 2022
Positions
68
Filings on Record
31
2019–present window
Filed
May 6, 2022
original filing

Summary

Pembroke Management, Ltd reported $1.2B in U.S.-listed holdings across 68 positions for Q1 2022.

Its largest position, GMED, represents 3.7% of the portfolio.

Compared with Q4 2021, the fund opened 4 new positions and exited 9.

Portfolio Metrics

Turnover
+9.0%
vs prior filed quarter
Top-10 Concentration
+30.8%
share of reported value
Largest Position
+3.7%
Globus Med
New / Exited
4 / 9
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $733MQ4 ’18Q1 ’19: $925MQ2 ’19: $947MQ3 ’19: $919MQ4 ’19: $1.2BQ4 ’19Q1 ’20: $630MQ2 ’20: $851MQ3 ’20: $918MQ4 ’20: $1.2BQ4 ’20Q1 ’21: $1.2BQ2 ’21: $1.3BQ3 ’21: $1.3BQ4 ’21: $1.4BQ4 ’21Q1 ’22: $1.2BQ2 ’22: $967MQ3 ’22: $901MQ4 ’22: $935MQ4 ’22Q1 ’23: $914MQ2 ’23: $928MQ3 ’23: $732MQ4 ’23: $805MQ4 ’23Q1 ’24: $850MQ2 ’24: $744MQ3 ’24: $784MQ4 ’24: $802MQ4 ’24Q1 ’25: $686MQ2 ’25: $827MQ3 ’25: $1.0BQ4 ’25: $968MQ4 ’25Q1 ’26: $691Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.7%Other: 4.9%ADR: 3.4%ETP: 1.9%
  • Common Stock · 89.7% · $1.1B
  • Other · 4.9% · $59M
  • ADR · 3.4% · $41M
  • ETP · 1.9% · $23M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
POINTS.COMNEW+1.40M1.40M+$32M$32M
LESLIES INCNEW+401.5K401.5K+$8M$8M
CERTCERTARA INCNEW+294.8K294.8K+$6M$6M
ALKTALKAMI TECHNOLOGY INNEW+168.5K168.5K+$2M$2M
BWMNBOWMAN CONSULTING GRADDED+506.2K712.9K+$7M$12M
BRKRBRUKER CORPSOLD OUT−245.4K0−$21M$0
PTS1EURPOINTS INTL LTDSOLD OUT−1.02M0−$20M$0
FSVFIRSTSERVICE CORPSOLD OUT−66.3K0−$16M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GMEDGLOBUS MED INChistory →CL A3.72%$45M603.4K
2CIGIEURCOLLIERS INTLhistory →SUB VTG SHS3.69%$44M270.7K
3WNSNWNS HOLDINGS LTDhistory →SPON ADR3.43%$41M480.2K
4TTECTTEC HOLDINGS INChistory →COM3.15%$38M456.9K
5FCFRANKLIN COVEY COhistory →COM2.93%$35M775.8K
6AINALBANY INTL CORPhistory →CL A2.92%$35M414.6K
7SSTKSHUTTERSTOCK INChistory →COM2.83%$34M363.1K
8TECHBIO TECHNE CORPhistory →COM2.76%$33M76.3K
9TUQ1TUCOWShistory →COM NEW2.71%$32M393.6K
10POINTS.COMCOM2.69%$32M1.40M
11GTLSCHART INDS INChistory →COM2.52%$30M175.4K
12DORMDORMAN PRODUCTShistory →COM2.51%$30M316.3K
13DSGDESCARTES SYSTEMShistory →COM2.51%$30M328.2K
14DOOBRP INChistory →COM SUN VTG2.49%$30M291.3K
15TRICON RESIDENTIALCOM NPV2.47%$30M1.49M
16QA4AGENTHERM INChistory →COM2.47%$30M404.2K
17SRISTONERIDGE INChistory →COM2.36%$28M1.36M
18SITESITEONE LANDSCAPEhistory →COM2.32%$28M171.8K
19PRFTUSDPERFICIENT INChistory →COM2.23%$27M242.1K
20AOSSMITH A Ohistory →COM2.20%$26M411.5K
21CRAICRA INTERNATIONALhistory →COM2.04%$24M289.5K
22BB4AXOS FINANCIALhistory →COM1.94%$23M499.4K
23IBPINSTALLED BUILDINGhistory →COM1.90%$23M269.5K
24MPWRMONOLITHIC POWERhistory →COM1.89%$23M46.4K
25SBG1SEACOAST BKG CORP FLhistory →COM NEW1.87%$22M639.6K
26CSTLCASTLE BIOSCIENCES Ihistory →COM1.74%$21M463.9K
27PAYCPAYCOM SOFTWAREhistory →COM1.73%$21M59.7K
28SPTSPROUT SOCIAL INChistory →COM CL A1.71%$21M256.0K
29SPSCSPS COMMERCE INChistory →COM1.71%$20M155.6K
30OMCLOMNICELL INChistory →COM1.68%$20M155.4K
31TREXTREX CO INChistory →COM1.66%$20M303.9K
32STCSANGOMA TECHNOLOGShistory →COM NEW1.61%$19M1.08M
33MPMP MATERIALS CORPhistory →COM CL A1.47%$18M306.4K
34ENPHENPHASE ENERGYhistory →COM1.45%$17M86.2K
35FUODOLBY LABORATORIEShistory →COM CL A1.41%$17M216.4K
36IMXIINTL MONEY EXPRESShistory →COM1.38%$17M802.1K
37KORNIT DIGITAL LTDSHS1.26%$15M182.3K
38EEFTEURONET WORLDWIDEhistory →COM1.20%$14M110.3K
39WSOWATSCO INChistory →COM1.16%$14M45.6K
40ROADCONSTRUCTION PARTNRShistory →COM CL A1.16%$14M528.1K
41NOTVQINOTIV INChistory →COM1.09%$13M498.0K
42K6BKBR INChistory →COM1.08%$13M236.0K
43ISHARES TRUSTCORE S&P500 ETF1.07%$13M28.3K
44BWMNBOWMAN CONSULTING GRhistory →COM0.98%$12M712.9K
45CHUYUSDCHUYS HLDGS INChistory →COM0.96%$12M426.0K
46LCIILCI INDUSTRIEShistory →COM0.90%$11M103.2K
47ERIIENERGY RECOVERY INCCOM0.76%$9M453.4K
48GOGROCERY OUTLET HLDCOM0.72%$9M261.3K
49BASECOUCHBASE INCCOM0.67%$8M456.8K
50LESLIES INCCOM0.65%$8M401.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$691M97May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$968M92Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.0B89Oct 28, 202513F-HRchanges · EDGAR ↗
Q2 2025$827M78Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$686M59May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$802M60Jan 31, 202513F-HRchanges · EDGAR ↗
Q3 2024$784M58Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$744M62Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$850M61May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$805M62Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$732M58Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$928M63Jul 27, 202313F-HRchanges · EDGAR ↗
Q1 2023$914M63May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$935M66Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$901M66Oct 24, 202213F-HRchanges · EDGAR ↗
Q2 2022$967M64Jul 26, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.2B68May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.4B73Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.3B67Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.3B66Aug 11, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$1.2B65May 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.2B61Feb 5, 202113F-HRchanges · EDGAR ↗
Q3 2020$918M59Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$851M59Aug 3, 202013F-HRchanges · EDGAR ↗
Q1 2020$630M58Apr 28, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.2B73Jan 29, 202013F-HRchanges · EDGAR ↗
Q3 2019$919M63Oct 29, 201913F-HRchanges · EDGAR ↗
Q2 2019$947M61Jul 24, 201913F-HRchanges · EDGAR ↗
Q1 2019$925M61Apr 12, 201913F-HRchanges · EDGAR ↗
Q4 2018$733M58Jan 25, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.