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Portfolio (Quarterly) Guide ↗

Pembroke Management, LTD

· CIK 0001063497
13F Portfolio $691.4B AUM 97 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 14 New 19 Added 55 Reduced 9 Exited
Page 2 of 5  ·  97 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 ENPH ENPHASE ENERGY INC Energy 302,728.0 $11.4M 1.66% NEW $37.81 +27.0%
22 VBNK VERSABANK NEW Financial Services 704,776.0 $10.0M 1.44% -31K -4.3% $14.17 +24.3%
23 SAIA SAIA INC Industrials 26,006.0 $9.1M 1.32% NEW $351.28 +30.7%
24 DORM DORMAN PRODS INC Consumer Cyclical 87,121.0 $9.1M 1.31% -70K -44.7% $104.36 +15.5%
25 VSEC VSE CORP Industrials 48,962.0 $9.0M 1.31% NEW $184.40 -2.9%
26 CLBT CELLEBRITE DI LTD Technology 637,949.0 $8.8M 1.27% -743K -53.8% $13.78 -5.8%
27 DSGX DESCARTES SYS GROUP INC Technology 103,323.0 $7.4M 1.07% +2K +2.3% $71.56 -6.0%
28 GIL GILDAN ACTIVEWEAR INC Consumer Cyclical 124,158.0 $6.9M 1.00% -35K -22.0% $55.65 +2.6%
29 CRAI CRA INTL INC Industrials 42,096.0 $6.8M 0.99% -34K -44.7% $161.88 -14.2%
30 OBE OBSIDIAN ENERGY LTD Energy 639,417.0 $6.1M 0.88% NEW $9.47 +38.9%
31 OLLI OLLIES BARGAIN OUTLET HLDGS Consumer Defensive 65,535.0 $6.0M 0.87% -46K -41.1% $92.04 -14.4%
32 UTI UNIVERSAL TECHNICAL INST INC Consumer Defensive 162,853.0 $5.9M 0.85% -120K -42.5% $36.10 +15.0%
33 HCSG HEALTHCARE SVCS GROUP INC Healthcare 299,085.0 $5.5M 0.80% NEW $18.55 +16.5%
34 VCTR VICTORY CAP HLDGS INC DEL Financial Services 82,693.0 $5.4M 0.78% -66K -44.4% $65.48 +34.3%
35 LCII LCI INDS Consumer Cyclical 42,026.0 $5.2M 0.75% -17K -28.9% $122.98 -7.3%
36 IEFA ISHARES TR 53,462.0 $4.8M 0.70% -1K -1.9% $90.53 +5.2%
37 RDVT RED VIOLET INC Technology 133,437.0 $4.6M 0.67% -114K -46.1% $34.60 +31.2%
38 PNTG PENNANT GROUP INC Healthcare 144,017.0 $4.4M 0.64% NEW $30.48 +21.1%
39 QTWO Q2 HLDGS INC Technology 91,885.0 $4.3M 0.63% -251K -73.2% $47.30 -4.7%
40 CHWY CHEWY INC Consumer Cyclical 160,327.0 $4.3M 0.63% -137K -46.0% $27.00 -21.2%
Page 2 of 5  ·  97 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Industrials 37.4%
Technology 23.5%
Consumer Cyclical 12.2%
Financial Services 9.2%
Healthcare 5.5%
Communication Services 3.6%
Basic Materials 3.3%
Energy 2.9%
Consumer Defensive 2.1%
Real Estate 0.2%