Latest Summit Creek Advisors LLC Stock Portfolio

Summit Creek Advisors LLC Performance:

2024 Q3: 4.22%YTD: 9.41%2023: 8.68%

Performance for 2024 Q3 is 4.22%, and YTD is 9.41%, and 2023 is 8.68%.

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 $736.2 Millions as of 30 Sep, 2024.

The top stock holdings of Summit Creek Advisors LLC are ADUS, EXLS, CCCS. The fund has invested 3.8% of it's portfolio in ADDUS HOMECARE and 3.3% of portfolio in EXLSERVICE HOLDINGS INC.

The fund managers got completely rid off GROCERY OUTLET HOLDING CORP (GO) and THOUGHTWORKS HOLDING (TWKS) stocks. They significantly reduced their stock positions in ICON PLC, INTERNATIONAL MONEY EXPRESS (IMXI) and EVOLENT HEALTH (EVH). Summit Creek Advisors LLC opened new stock positions in CASELLA WASTE SYSTEMS INC (CWST), PEGASYSTEMS INC (PEGA) and DYNATRACE, INC. (DT). The fund showed a lot of confidence in some stocks as they added substantially to REMITLY GLOBAL INC (RELY), MONTROSE ENVIRONMENTAL GROUP (MEG) and GLOBANT SA.

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

Our best estimate is that Summit Creek Advisors LLC made a return of 4.22% in the last quarter. In trailing 12 months, it's portfolio return was 17.47%.

New Buys

Ticker	$ Bought
casella waste systems inc	11,147,600
pegasystems inc	7,508,900
dynatrace, inc.	353,383

New stocks bought by Summit Creek Advisors LLC

Additions

Ticker	% Inc.
remitly global inc	95.27
montrose environmental group	87.73
globant sa	48.72
doubleverify	35.83
jack henry & associates	34.46
vita coco co inc	17.66
cbiz inc	17.01
exlservice holdings inc.	13.94

Additions to existing portfolio by Summit Creek Advisors LLC

Reductions

Ticker	% Reduced
icon plc	-86.94
international money express	-85.82
evolent health	-63.1
instructure holdings	-47.00
dorman products inc	-40.57
arhaus, inc	-37.6
zeta global	-33.07
fair isaac corporation	-25.74

Summit Creek Advisors LLC reduced stake in above stock

Sold off

Ticker	$ Sold
thoughtworks holding	-3,546,910
grocery outlet holding corp	-4,414,020

Summit Creek Advisors LLC got rid off the above stocks

Sector Distribution

Summit Creek Advisors LLC has about 40.4% of it's holdings in Technology sector.

Sector	%
Technology	40.4
Healthcare	19.1
Industrials	17.4
Others	9.9
Consumer Cyclical	7.1
Consumer Defensive	3.9
Financial Services	2.1

Market Cap. Distribution

Summit Creek Advisors LLC has about 10% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	61.7
SMALL-CAP	18.3
UNALLOCATED	9.9
LARGE-CAP	8.2
MEGA-CAP	1.8

Stocks belong to which Index?

About 65.1% of the stocks held by Summit Creek Advisors LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	61.9
Others	34.9
S&P 500	3.2

Top 5 Winners (%)		%
ZETA	zeta global	59.4 %
EVH	evolent health	45.1 %
WLDN	willdan group inc	41.5 %
CWAN	clearwater analytics holdings	36.1 %
GDYN	grid dynamics	32.3 %

Top 5 Winners ($)		$
ZETA	zeta global	12.2 M
EVH	evolent health	4.7 M
QTWO	q2 holdings inc	4.5 M
PCTY	paylocity holdings	4.4 M
BOOT	boot barn holdings	4.3 M

Top 5 Losers (%)		%
FIVN	five9, inc	-34.3 %
MEG	montrose environmental group	-31.9 %
ARHS	arhaus, inc	-26.5 %
BWMN	bowman consulting group	-24.2 %
RPAY	repay holdings corp	-22.5 %

Top 5 Losers ($)		$
PSTG	pure storage	-5.0 M
MEG	montrose environmental group	-4.8 M
ARHS	arhaus, inc	-4.3 M
RPAY	repay holdings corp	-4.1 M
MEDP	medpace holdings, inc.	-3.6 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 69 stocks in it's portfolio. About 31% of the portfolio is in top 10 stocks. PSTG proved to be the most loss making stock for the portfolio. ZETA was the most profitable stock for Summit Creek Advisors LLC last quarter.

Last Reported on: 12 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABCB	ameris bancorp	2.04	240,681	15,016,100	reduced	-5.65

ADUS	addus homecare	3.76	207,918	27,659,300	reduced	-17.09

ALGN	align tech	0.03	976	248,216	added	12.44

ALRM	alarm.com	2.09	281,495	15,389,300	reduced	-5.67

ARHS	arhaus, inc	0.99	592,952	7,299,240	reduced	-37.6

BOOT	boot barn holdings	2.50	110,193	18,433,100	reduced	-17.18

BOX	box inc	0.75	167,851	5,493,760	reduced	-5.59

BWMN	bowman consulting group	1.07	326,627	7,865,180	reduced	-5.52

CBZ	cbiz inc	2.32	253,641	17,067,500	added	17.01

CCCS	ccc intelligent solutions	3.21	2,135,750	23,600,000	added	2.62

COCO	vita coco co inc	1.54	400,791	11,346,400	added	17.66

CWAN	clearwater analytics holdings	0.98	284,212	7,176,350	reduced	-3.11

CWST	casella waste systems inc	1.51	112,047	11,147,600	new

DGII	digi international inc	1.13	301,157	8,290,850	reduced	-5.58

DLB	dolby laboratories	0.06	5,807	444,410	reduced	-6.05

DORM	dorman products inc	1.75	114,104	12,907,400	reduced	-40.57

DSGX	descartes systems group	3.14	224,389	23,103,100	reduced	-13.11

DT	dynatrace, inc.	0.05	6,609	353,383	new

DV	doubleverify	0.84	367,425	6,187,440	added	35.83

ENV	envestnet inc.	2.36	277,674	17,387,900	reduced	-8.2