Conestoga Capital Advisors
Conestoga Capital Advisors Small Cap, SMid Cap & Micro Cap Growth Composites
US Micro-cap Growth
Jun 2026 → Jun 2026
Our archive holds 1 letter from this strategy, behind 12 investment theses and positions in 12 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Conestoga Capital Advisors for every strategy.
Its investment theses
- Tyler Technologies, Inc.Jun 2026Tyler Technologies, Inc. provides mission-critical government software, and the thesis is supported by deep domain expertise, recurring revenue, and strong competitive advantages.
- Forgent Power Solutions, Inc.Jun 2026Forgent Power Solutions, Inc. designs electrical equipment and power solutions, and the thesis is driven by AI/electrification tailwinds, margin expansion, and market share gains.
- DT Midstream, Inc.Jun 2026DT Midstream, Inc. owns natural gas pipelines and storage assets, and the thesis is built on LNG, power, and data-center demand plus contracted growth visibility.
- Park Aerospace Corp.Jun 2026Park Aerospace Corp. makes advanced composite materials for aerospace and defense, and the thesis is supported by missile-defense exposure and durable earnings growth.
- Perimeter Solutions, Inc.Jun 2026Perimeter Solutions, Inc. provides mission-critical fire safety and specialty chemical solutions, and the thesis is built on durable earnings, niche-market strength, and predictable cash flow.
- NPK International, Inc.Jun 2026NPK International, Inc. provides composite matting and infrastructure solutions, and the thesis is based on consistent execution, rental growth, and infrastructure tailwinds.
- nCino, Inc.Jun 2026nCino, Inc. provides cloud-based banking software, and the thesis is driven by AI-enabled adoption, mission-critical workflows, and long-term growth potential.
- Kodiak Gas Services, Inc.Jun 2026Kodiak Gas Services, Inc. provides natural gas compression and distributed power solutions, and the thesis is supported by LNG/data-center tailwinds, long-term contracts, and cash flow growth.
- Matador Resources Co.Jun 2026Matador Resources Co. is an oil and gas producer, and the thesis relies on disciplined capital allocation, production growth, and balance-sheet strength across commodity cycles.
- Permian Resources Corp.Jun 2026Permian Resources Corp. is an oil and gas producer, and the thesis is supported by a low-cost model, disciplined capital allocation, and free cash flow growth.