Small-cap managers, and what they own
122 strategies from 71 managers run a small-cap strategy. Between them they have published 399 letters — every position and every thesis below is quoted from the letter it came from.
- Protean Funds18 letters
Protean Funds · Europe Small-cap · 33 companies · latest Sep 2026
- Ennismore European Smaller Companies Fund15 letters
Ennismore · Europe Small-cap · 28 companies · latest Aug 2026
- ARAR Fund12 letters
Arar Fund · International Small-cap · 28 companies · latest Sep 2026
- Royce IP9 letters
Royce Investment Partners · Small-cap · 7 companies · latest Jun 2025
- Baron Small Cap Fund8 letters
Baron · US Small-cap · 39 companies · latest Sep 2026
- Ennismore Global Equity Fund8 letters
Ennismore · Global Small-cap · 13 companies · latest Aug 2025
- Alger Small Cap Focus Fund7 letters
Alger · US Small-cap · 12 companies · latest Sep 2026
- Alluvial Capital Alluvial Fund7 letters
Alluvial Capital · Global Small-cap · 21 companies · latest Sep 2026
- Laughing Water Capital7 letters
Laughing Water Capital · North America Small-cap · 9 companies · latest Jun 2026
- Longleaf Partners Small Cap Fund7 letters
Longleaf · Small-cap · 18 companies · latest Sep 2026
- Maran Capital7 letters
Maran Capital · Small-cap · 6 companies · latest Mar 2026
- Palm Harbour Capital7 letters
Palm Harbour Capital · Small-cap · 28 companies · latest Sep 2026
- Riverwater Micro Opportunities7 letters
Riverwater Partners · US Small-cap Opportunistic · 32 companies · latest Sep 2026
- Riverwater small cap7 letters
Riverwater Partners · US Small-cap · 42 companies · latest Sep 2026
- Alger Small Cap Growth Fund6 letters
Alger · Small-cap Growth · 4 companies · latest Sep 2026
- Artisan Partners International Explorer Strategy6 letters
Artisan Partners · International Small-cap · 23 companies · latest Sep 2026
- Diamond Hill Small Cap Fund6 letters
Diamond Hill · US Small-cap · 29 companies · latest Sep 2026
- Forager Funds6 letters
Forager · Asia Small-cap · 9 companies · latest Mar 2026
- Harding Loevner International Small Companies Equity6 letters
Harding Loevner · International Small-cap · 48 companies · latest Sep 2026
- Massif Capital6 letters
Massif Capital · Small-cap · 8 companies · latest Dec 2025
- Oakmark International Small Cap Fund6 letters
Oakmark · International Small-cap · 29 companies · latest Sep 2026
- Spheria Australian Smaller Companies Fund6 letters
Spheria Asset Management · Small-cap · 27 companies · latest Oct 2026
- Third avenue Small Cap Value Fund6 letters
Third Avenue · US Small-cap Value · 41 companies · latest Sep 2026
- 1 Main Capital5 letters
1 Main Capital · Small-cap · 5 companies · latest Mar 2026
- Aristotle Small Cap Equity5 letters
Aristotle · Small-cap · 26 companies · latest Sep 2026
- Brown Advisory Small-Cap Growth Strategy5 letters
Brown Advisory · Small-cap Growth · 43 companies · latest Sep 2026
- Ennismore Global Smaller Companies Fund5 letters
Ennismore · Global Small-cap · 23 companies · latest Aug 2026
- Goodhart Partners Global Smaller Companies Fund5 letters
Goodhart Partners · Global Small-cap · 19 companies · latest Sep 2026
- Langdon Global Smaller Companies5 letters
Langdon · Global Small-cap · 13 companies · latest Sep 2026
- Mairs and Power Small Cap Fund5 letters
Mairs and Power · Small-cap · 15 companies · latest Sep 2025
- Pernas Research5 letters
Pernas Research · Small-cap · 6 companies · latest Mar 2026
- Alluvial Capital4 letters
Alluvial Capital · Global Small-cap · 8 companies · latest Dec 2025
- Ariel Investments Small Cap Value Strategy4 letters
Ariel Investments · US Small-cap Value · 29 companies · latest Sep 2026
- Artemis uk smaller companies fund4 letters
Artemis Funds · UK Small-cap · 22 companies · latest Mar 2026
- Artemis UK Special Situations Fund4 letters
Artemis Funds · UK Small-cap Opportunistic · 24 companies · latest Mar 2026
- Artisan Partners U.S. Small-Cap Growth Strategy4 letters
Artisan Partners · US Small-cap Growth · 37 companies · latest Sep 2026
- FPA Queens Road Small Cap Value Fund4 letters
FPA · Small-cap Value · 28 companies · latest Sep 2026
- Liontrust Global Smaller Companies Fund4 letters
Liontrust · Global Small-cap · 14 companies · latest Jul 2026
- Polen 5Perspectives Small Growth4 letters
Polen Capital · Small-cap Growth · 11 companies · latest Sep 2026
- Spheria Global Opportunities Fund4 letters
Spheria Asset Management · Global Small-cap Opportunistic · 22 companies · latest Jul 2026
- The London Company Small Cap4 letters
The London Company · Small-cap · 18 companies · latest Sep 2026
- Timessquare Global Small Cap Strategy4 letters
TimesSquare Capital Management · Global Small-cap · 36 companies · latest Sep 2026
- Ariel Small Cap Value Concentrated3 letters
Ariel Investments · Small-cap Value · 7 companies · latest Mar 2026
- Artisan US Small Cap Growth Strategy3 letters
Artisan Partners · US Small-cap Growth · 27 companies · latest Sep 2025
- Cambiar Small Cap Fund3 letters
Cambiar Investors · Small-cap · 9 companies · latest Jun 2026
- Clearbridge Small Cap Growth Strategy3 letters
Clearbridge Investments · Small-cap Growth · 18 companies · latest Dec 2025
- Greystone Capital Management3 letters
Greystone Capital Management · North America Small-cap · 14 companies · latest Oct 2026
- Harding Loevner Global Small Companies Equity3 letters
Harding Loevner · Global Small-cap · 37 companies · latest Mar 2026
- Harris Associates International Small Cap Strategy3 letters
Harris Associates · International Small-cap · 16 companies · latest Sep 2026
- Heartland Advisors Small Cap Value Plus Strategy3 letters
Heartland Advisors · US Small-cap Value · 11 companies · latest Sep 2026
- Heartland Advisors Small Cap Value Strategy3 letters
Heartland Advisors · Small-cap Value · 5 companies · latest Sep 2026
- Highwood Value Partners3 letters
Highwood · Europe Small-cap Value · 17 companies · latest Dec 2025
- Horos AM3 letters
Horos · Small-cap · 21 companies · latest Jul 2026
- Lakehouse Small Companies Fund3 letters
Lakehouse Capital · Small-cap · 5 companies · latest Feb 2026
- Langdon Canadian Smaller Companies3 letters
Langdon · North America Small-cap · 7 companies · latest Jun 2025
- Loomis Sayles Small Cap Value Fund3 letters
Loomis Sayles · Small-cap Value · 7 companies · latest Jun 2025
- Pender Small Cap Opportunities Fund3 letters
Pender · Small-cap Opportunistic · 8 companies · latest Aug 2026
- Schafer Cullen Small Cap Value Equity3 letters
Schafer Cullen · Small-cap Value · 14 companies · latest Dec 2025
- TimesSquare International Small Cap Portfolio3 letters
TimesSquare Capital Management · International Small-cap · 33 companies · latest Sep 2026
- TimesSquare U.S. Small Cap Growth Strategy3 letters
TimesSquare Capital Management · US Small-cap Growth · 42 companies · latest Sep 2026
- Voss Capital3 letters
Voss Capital · Global Small-cap · 11 companies · latest Dec 2025
- Aristotle Capital Small Cap Equity2 letters
Aristotle · Small-cap · 14 companies · latest Jun 2025
- Brown Advisory US Small Cap Blend Fund2 letters
Brown Advisory · US Small-cap · 31 companies · latest Sep 2025
- Brown Capital International Small Company Fund2 letters
Brown Capital · International Small-cap · 6 companies · latest Sep 2025
- Brown Capital Small Company Fund2 letters
Brown Capital · Small-cap · 18 companies · latest Sep 2025
- Clearbridge Small Cap Strategy2 letters
Clearbridge Investments · Small-cap · 26 companies · latest Sep 2025
- Hertford Capital2 letters
Hertford Capital · Small-cap · 6 companies · latest Sep 2025
- Horos2 letters
Horos · Small-cap · 5 companies · latest Mar 2025
- Hotchkis & Wiley International Small Cap Diversified Value2 letters
Hotchkis & Wiley · International Small-cap Value · 1 company · latest Sep 2026
- Hotchkis & Wiley Small Cap Diversified Value2 letters
Hotchkis & Wiley · Small-cap Value · 2 companies · latest Sep 2026
- Hotchkis & Wiley Small Cap Value Strategy2 letters
Hotchkis & Wiley · Small-cap Value · 6 companies · latest Sep 2026
- Kingdom Capital Advisors KCA Value Composite2 letters
Kingdom Capital · Small-cap Value · 21 companies · latest Sep 2026
- Madison Small Cap Fund2 letters
Madison Investments · Small-cap · 8 companies · latest Jun 2025
- Polen US Small Cap Growth2 letters
Polen Capital · US Small-cap Growth · 10 companies · latest Dec 2025
- Polen US Small Company Growth2 letters
Polen Capital · US Small-cap Growth · 5 companies · latest Mar 2025
- Renaissance IM International Small Cap Equity2 letters
Renaissance · International Small-cap · 11 companies · latest Jun 2026
- Renaissance IM Small Cap Growth2 letters
Renaissance · Small-cap Growth · 9 companies · latest Jun 2026
- RS Small Cap Value Strategy2 letters
RS Investments · Small-cap Value · 9 companies · latest Jun 2025
- SouthernSun Small Cap2 letters
Southernsun · Small-cap · 7 companies · latest Jun 2025
- Symmetry2 letters
Symmetry · Europe Small-cap · 11 companies · latest Mar 2025
- Symmetry Invest2 letters
Symmetry · Global Small-cap · 12 companies · latest Jun 2026
- TimesSquare Global Concentrated Small Cap Strategy2 letters
TimesSquare Capital Management · Global Small-cap · 24 companies · latest Sep 2026
- TimesSquare US Small Cap Growth Strategy2 letters
TimesSquare Capital Management · US Small-cap Growth · 16 companies · latest Sep 2025
- AMG River Road Small Cap Value Fund1 letter
AMG River Road Mid Cap Value Fund · Small-cap Value · 12 companies · latest Dec 2024
- Artemis US Smaller Companies Fund1 letter
Artemis Funds · US Small-cap · latest Dec 2024
- Brown Advisory Small Cap Fundamental Value1 letter
Brown Advisory · Small-cap Value · 2 companies · latest Sep 2025
- Brown Advisory U.S. Small-Cap Blend UCITS Fund1 letter
Brown Advisory · US Small-cap · 39 companies · latest Mar 2026
- Brown Advisory US Smaller Companies Fund1 letter
Brown Advisory · US Small-cap · 22 companies · latest Jun 2025
- Buffalo Small Cap Growth Fund1 letter
Buffalo funds · Small-cap Growth · 14 companies · latest Mar 2026
- Cedar Grove1 letter
Cedar Grove · Small-cap · 7 companies · latest Mar 2026
- Diamons Hill Small Cap Fund1 letter
Diamond Hill · Small-cap · 17 companies · latest Dec 2024
- Donville Kent Capital Ideas Fund LP1 letter
Donville Kent · Small-cap · 10 companies · latest Jun 2026
- Harris Oakmark International Small Cap Strategy1 letter
Harris Associates · International Small-cap · 9 companies · latest Jun 2025
- Highwood Value Partners Client Composite1 letter
Highwood · Small-cap Value · 10 companies · latest Dec 2025
- Hood River CM Small Cap Growth Fund1 letter
Hood River · Small-cap Growth · 1 company · latest Jun 2026
- Hood River Small Cap Growth Fund1 letter
Hood River · Small-cap Growth · latest Mar 2026
- Loomis Sayles Small Cap Growth Fund1 letter
Loomis Sayles · Small-cap Growth · 13 companies · latest Jun 2025
- Macquarie Small Cap Core Fund1 letter
Macquarie · Small-cap · 18 companies · latest Mar 2025
- Merion Road Small Cap Fund1 letter
Merion Road Capital · Small-cap · 8 companies · latest Jul 2026
- Munro Global Growth Small and Mid Cap Fund1 letter
Munro · Global Small-cap Growth · 10 companies · latest Dec 2024
- Oldfield Partners Overstone UCITS Global Smaller Companies Fund1 letter
Oldfield Partners · Global Small-cap · 2 companies · latest Sep 2025
- Overstone UCITS Global Smaller Companies Fund1 letter
Overstone Global Equity Fund · Global Small-cap · 10 companies · latest Dec 2025
- Pender Small Cap1 letter
Pender · Small-cap · 8 companies · latest Mar 2025
- Rockwood strategic Harwood Capital1 letter
Rockwood strategic · Small-cap · 31 companies · latest Jul 2026
- Royal London UK Smaller Companies Fund1 letter
Royal London Asset Management · UK Small-cap · 11 companies · latest Dec 2025
- Signia Capital Management Small Cap Value Strategy1 letter
Signia · Small-cap Value · 18 companies · latest Jun 2026
- Signia Small Cap Value1 letter
Signia · Small-cap Value · 8 companies · latest Dec 2025
- SouthernSun AM Small Cap Strategy1 letter
Southernsun · Small-cap · 10 companies · latest Jun 2026
- Southernsun Small Cap Investment1 letter
Southernsun · Small-cap · 1 company · latest Sep 2025
- Southersun Small Cap Investment1 letter
Southernsun · Small-cap · 8 companies · latest Mar 2025
- The London Company Small Cap Equity1 letter
The London Company · Small-cap · 9 companies · latest Jun 2025
- Third Avenue Management Small-Cap Value Fund1 letter
Third Avenue · Small-cap Value · 15 companies · latest Dec 2025
- Timesquare US Small Cap Growth1 letter
TimesSquare Capital Management · US Small-cap Growth · 29 companies · latest Mar 2025
- Vela Small Cap Fund1 letter
Vela Funds · Small-cap · 13 companies · latest Sep 2025
- Wasatch Emerging Markets Small Cap Fund1 letter
Wasatch · Emerging markets Small-cap · 1 company · latest Dec 2025
- Wasatch Small Cap Growth Fund1 letter
Wasatch · Small-cap Growth · 13 companies · latest Dec 2025
- WS Amati UK Listed Smaller Companies Fund1 letter
WS Amati Strategic Metals Fund · UK Small-cap · 19 companies · latest Mar 2026
- Laughing Water Capital (LW Capital Management, LLC)0 letters
Laughing Water Capital · Small-cap · 16 companies · latest Jun 2026
- Loomis Sayles Small Cap Fund0 letters
Loomis Sayles · Small-cap · 1 company · latest Mar 2025
- Protean Aktiesparfond Global0 letters
Protean Funds · Europe Small-cap · latest Oct 2026
- Protean Aktiesparfond Norden0 letters
Protean Funds · Europe Small-cap · latest Oct 2026
- Protean Small Cap0 letters
Protean Funds · Europe Small-cap · latest Oct 2026