Cortina Asset Management 13F annual report
Cortina Asset Management is an investment fund managing more than $1.62 billion ran by Stacy Berg. There are currently 174 companies in Mrs. Berg’s portfolio. The largest investments include Chart Industries and Avalara, together worth $58.4 million.
$1.62 billion Assets Under Management (AUM)
As of 7th October 2020, Cortina Asset Management’s top holding is 384,897 shares of Chart Industries currently worth over $29.6 million and making up 1.8% of the portfolio value.
Relative to the number of outstanding shares of Chart Industries, Cortina Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 399,665 shares of Avalara worth $28.9 million, whose value grew 99.0% in the past six months.
The third-largest holding is Altair Engineering Inc - A worth $24.5 million and the next is Inter Parfums worth $24.4 million, with 366,908 shares owned.
Currently, Cortina Asset Management's portfolio is worth at least $1.62 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Cortina Asset Management
The Cortina Asset Management office and employees reside in Milwaukee, Wisconsin. According to the last 13-F report filed with the SEC, Stacy Berg serves as the Compliance Associate at Cortina Asset Management.
Recent trades
In the most recent 13F filing, Cortina Asset Management revealed that it had opened a new position in
Willdan and bought 248,090 shares worth $9.24 million.
This means they effectively own approximately 0.1% of the company.
Willdan makes up
3.9%
of the fund's Industrials sector allocation and has decreased its share price by 14.8% in the past year.
The investment fund also strengthened its position in Chart Industries by buying
18,641 additional shares.
This makes their stake in Chart Industries total 384,897 shares worth $29.6 million.
Chart Industries soared 27.1% in the past year.
On the other hand, there are companies that Cortina Asset Management is getting rid of from its portfolio.
Cortina Asset Management closed its position in Sailpoint Technologies Holdi on 2nd July 2019.
It sold the previously owned 613,942 shares for $17.6 million.
Stacy Berg also disclosed a decreased stake in Avalara by approximately 0.1%.
This leaves the value of the investment at $28.9 million and 399,665 shares.
One of the largest hedge funds
The two most similar investment funds to Cortina Asset Management are Spyglass Capital Management and Signature Estate & Investment Advisors. They manage $1.61 billion and $1.61 billion respectively.
Stacy Berg investment strategy
Cortina Asset Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 19.7% of
the total portfolio value.
The fund focuses on investments in the United States as
77.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
4% of the total holdings value.
On the other hand, large-cap stocks make up only 3.4% of the portfolio.
The average market cap of the portfolio companies is close to $2.85 billion.
The complete list of Cortina Asset Management trades based on 13F SEC filings
These positions were updated on July 2nd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Chart Industries, Inc. |
5.09%
384,897
|
$29,591,000 | 1.83% |
| Avalara, Inc. |
0.45%
399,665
|
$28,856,000 | 1.79% |
| Altair Engineering Inc - A |
0.92%
607,365
|
$24,531,000 | 1.52% |
| Inter Parfums, Inc. |
0.96%
366,908
|
$24,396,000 | 1.51% |
| Ollie's Bargain Outlet Holding |
0.93%
276,102
|
$24,051,000 | 1.49% |
| ProPetro Holding Corp. |
2.64%
1,142,244
|
$23,644,000 | 1.46% |
| Sanderson Farms, Inc. |
0.96%
169,359
|
$23,128,000 | 1.43% |
| Steven Madden Ltd. |
0.95%
653,312
|
$22,180,000 | 1.37% |
| Kratos Defense & Security |
8.88%
955,160
|
$21,864,000 | 1.35% |
| Appian Corp. |
2.57%
603,737
|
$21,777,000 | 1.35% |
| Five9, Inc. |
19.58%
411,241
|
$21,093,000 | 1.31% |
| Sotheby's |
0.95%
358,672
|
$20,850,000 | 1.29% |
| Cardiovascular Systems, Inc. |
7.80%
472,653
|
$20,291,000 | 1.26% |
| J2 Global, Inc. |
0.95%
222,960
|
$19,819,000 | 1.23% |
| Brink's Co/the |
0.95%
242,893
|
$19,718,000 | 1.22% |
| Ingevity Corp. |
21.01%
186,035
|
$19,565,000 | 1.21% |
| RealPage, Inc. |
1.33%
330,915
|
$19,474,000 | 1.21% |
| Argo Group International |
26.11%
257,405
|
$19,061,000 | 1.18% |
| Calavo Growers, Inc. |
0.95%
195,546
|
$18,917,000 | 1.17% |
| Mercury Systems, Inc. |
0.95%
259,619
|
$18,264,000 | 1.13% |
| Wingstop, Inc. |
15.62%
190,219
|
$18,023,000 | 1.12% |
| MasTec, Inc. |
1.16%
347,033
|
$17,883,000 | 1.11% |
| Sailpoint Technologies Holdi |
Closed
613,942
|
$17,632,000 | |
| Tactile Systems Technology I |
16.55%
305,650
|
$17,398,000 | 1.08% |
| James River Group Holdings L |
0.95%
356,357
|
$16,713,000 | 1.03% |
| ePlus, Inc. |
29.98%
241,442
|
$16,645,000 | 1.03% |
| Novanta, Inc. |
0.95%
175,509
|
$16,550,000 | 1.02% |
| Dycom Industries, Inc. |
Closed
357,578
|
$16,427,000 | |
| Kinsale Capital Group, Inc. |
1.15%
178,315
|
$16,312,000 | 1.01% |
| RadNet, Inc. |
32.51%
1,167,254
|
$16,096,000 | 1.00% |
| The Simply Good Foods Co. |
0.95%
652,097
|
$15,702,000 | 0.97% |
| LHC Group, Inc. |
0.95%
130,195
|
$15,569,000 | 0.96% |
| RBC Bearings, Inc. |
0.95%
89,467
|
$14,924,000 | 0.92% |
| Emergent BioSolutions, Inc. |
4.63%
282,255
|
$13,636,000 | 0.84% |
| BancorpSouth Bank |
0.95%
467,240
|
$13,569,000 | 0.84% |
| National Vision Holdings, Inc. |
0.57%
436,381
|
$13,410,000 | 0.83% |
| Evolent Health Inc - A |
15.94%
1,677,508
|
$13,336,000 | 0.83% |
| TriState Capital Holdings, Inc. |
1.05%
621,215
|
$13,257,000 | 0.82% |
| Cubic Corp. |
0.98%
202,550
|
$13,060,000 | 0.81% |
| Casella Waste Systems Inc-a |
21.42%
328,286
|
$13,010,000 | 0.81% |
| Addus HomeCare Corp. |
5.50%
171,740
|
$12,872,000 | 0.80% |
| Chemical Financial Corp |
0.96%
312,678
|
$12,854,000 | 0.80% |
| ViewRay, Inc. |
0.96%
1,448,946
|
$12,765,000 | 0.79% |
| Columbia Banking System, Inc. |
0.96%
348,072
|
$12,593,000 | 0.78% |
| Paylocity Holding Corp. |
0.95%
134,060
|
$12,578,000 | 0.78% |
| Korn Ferry |
0.95%
311,584
|
$12,485,000 | 0.77% |
| Rogers Corp. |
Closed
78,485
|
$12,470,000 | |
| PRA Group, Inc. |
1.15%
438,473
|
$12,339,000 | 0.76% |
| World Fuel Services Corp. |
30.39%
342,661
|
$12,322,000 | 0.76% |
| MKS Instruments, Inc. |
1.37%
156,382
|
$12,181,000 | 0.75% |
| Home Bancshares Inc |
0.95%
624,696
|
$12,032,000 | 0.74% |
| Oxford Industries, Inc. |
1.15%
158,689
|
$12,029,000 | 0.74% |
| Hanger, Inc. |
1.14%
614,401
|
$11,766,000 | 0.73% |
| NCR Corp. |
51.81%
375,062
|
$11,664,000 | 0.72% |
| CACI International, Inc. |
0.96%
56,938
|
$11,649,000 | 0.72% |
| PlayAGS, Inc. |
6.21%
574,087
|
$11,166,000 | 0.69% |
| ICF International, Inc. |
0.96%
150,193
|
$10,934,000 | 0.68% |
| Cardtronics Plc - A |
111.29%
390,593
|
$10,671,000 | 0.66% |
| Brookdale Senior Living, Inc. |
0.95%
1,463,372
|
$10,551,000 | 0.65% |
| CareDx, Inc. |
27.51%
279,306
|
$10,052,000 | 0.62% |
| Amedisys, Inc. |
0.96%
82,556
|
$10,023,000 | 0.62% |
| Webster Financial Corp. |
1.34%
209,442
|
$10,005,000 | 0.62% |
| Meritor, Inc. |
14.25%
406,333
|
$9,854,000 | 0.61% |
| Granite Construction, Inc. |
0.95%
203,426
|
$9,801,000 | 0.61% |
| Lindsay Corp. |
Closed
100,725
|
$9,749,000 | |
| AtriCure, Inc. |
11.24%
320,660
|
$9,568,000 | 0.59% |
| South State Corp. |
0.95%
129,652
|
$9,551,000 | 0.59% |
| Oceaneering International, Inc. |
1.15%
463,779
|
$9,456,000 | 0.59% |
| Willdan Group, Inc. |
Opened
248,090
|
$9,241,000 | 0.57% |
| Pacira Biosciences, Inc. |
14.52%
208,471
|
$9,066,000 | 0.56% |
| Novocure Ltd. |
13.03%
141,352
|
$8,938,000 | 0.55% |
| Air Transport Services Group, Inc. |
11.65%
348,985
|
$8,515,000 | 0.53% |
| Kornit Digital Ltd. |
17.60%
268,582
|
$8,503,000 | 0.53% |
| Meta Financial Group, Inc. |
41.73%
300,969
|
$8,442,000 | 0.52% |
| Saia, Inc. |
18.32%
126,556
|
$8,184,000 | 0.51% |
| Inphi Corp. |
2.00%
162,957
|
$8,164,000 | 0.51% |
| Verra Mobility Corp |
Opened
622,039
|
$8,142,000 | 0.50% |
| Exponent, Inc. |
45.23%
138,915
|
$8,132,000 | 0.50% |
| AMERISAFE, Inc. |
0.95%
124,695
|
$7,952,000 | 0.49% |
| Skyline Champion Corp. |
34.86%
290,375
|
$7,950,000 | 0.49% |
| TPI Composites, Inc. |
9.53%
320,711
|
$7,928,000 | 0.49% |
| STAAR Surgical Co. |
47.29%
268,448
|
$7,887,000 | 0.49% |
| Model N, Inc. |
0.74%
403,133
|
$7,861,000 | 0.49% |
| Materialise Nv Sponsored Ads |
17.14%
395,079
|
$7,712,000 | 0.48% |
| Quantenna Communications Inc |
Closed
313,335
|
$7,623,000 | |
| Burlington Stores, Inc. |
1.26%
43,651
|
$7,427,000 | 0.46% |
| TechTarget, Inc. |
5.70%
345,787
|
$7,348,000 | 0.45% |
| Centennial Resource Developmen |
0.91%
966,102
|
$7,333,000 | 0.45% |
| Columbia Sportswear Co. |
1.33%
72,095
|
$7,221,000 | 0.45% |
| Boingo Wireless, Inc. |
Closed
304,347
|
$7,085,000 | |
| Nine Energy Service, Inc. |
0.95%
406,424
|
$7,043,000 | 0.44% |
| MarineMax, Inc. |
13.18%
427,072
|
$7,021,000 | 0.43% |
| BioTelemetry, Inc. |
21.33%
143,816
|
$6,925,000 | 0.43% |
| Veracyte, Inc. |
19.43%
241,956
|
$6,898,000 | 0.43% |
| LivePerson, Inc. |
17.51%
245,215
|
$6,876,000 | 0.43% |
| Antares Pharma, Inc. |
100.27%
2,072,605
|
$6,819,000 | 0.42% |
| Collegium Pharmaceutical, Inc. |
80.96%
509,701
|
$6,703,000 | 0.41% |
| Pluralsight, Inc. |
0.85%
220,702
|
$6,692,000 | 0.41% |
| Rudolph Technologies Inc |
5.63%
241,350
|
$6,669,000 | 0.41% |
| Freshpet Inc. |
0.83%
146,467
|
$6,666,000 | 0.41% |
| Tower Semiconductor Ltd. |
5.21%
419,884
|
$6,622,000 | 0.41% |
| Floor & Decor Holdings Inc-a |
1.26%
157,951
|
$6,618,000 | 0.41% |
| Mimecast Ltd. |
11.57%
138,949
|
$6,490,000 | 0.40% |
| Rapid7, Inc. |
25.70%
111,879
|
$6,471,000 | 0.40% |
| Pinnacle Financial Partners, Inc. |
0.88%
112,201
|
$6,449,000 | 0.40% |
| Envestnet, Inc. |
0.86%
93,951
|
$6,423,000 | 0.40% |
| Castlight Health Inc-b |
0.74%
1,980,813
|
$6,398,000 | 0.40% |
| Chegg, Inc. |
0.83%
164,551
|
$6,350,000 | 0.39% |
| Tabula Rasa Healthcare, Inc. |
Closed
110,063
|
$6,210,000 | |
| Rush Enterprises, Inc. |
67.52%
167,693
|
$6,124,000 | 0.38% |
| Oxford Immunotec Global Plc |
19.29%
442,723
|
$6,092,000 | 0.38% |
| Axon Enterprise, Inc. |
7.24%
94,426
|
$6,063,000 | 0.38% |
| Vocera Communications, Inc. |
13.06%
189,928
|
$6,063,000 | 0.38% |
| Quaker Chemical Corp. |
0.95%
29,742
|
$6,034,000 | 0.37% |
| Biodelivery Sciences Intl |
0.74%
1,291,404
|
$6,005,000 | 0.37% |
| Noodles & Co. |
0.74%
761,373
|
$6,000,000 | 0.37% |
| Advanced Energy Industries, Inc. |
5.60%
105,417
|
$5,932,000 | 0.37% |
| Upland Software, Inc. |
Opened
130,052
|
$5,921,000 | 0.37% |
| Five Below, Inc. |
12.20%
48,904
|
$5,869,000 | 0.36% |
| Duluth Holdings, Inc. |
0.96%
429,307
|
$5,834,000 | 0.36% |
| AAR Corp. |
0.84%
158,442
|
$5,829,000 | 0.36% |
| Myriad Genetics, Inc. |
34.47%
207,419
|
$5,762,000 | 0.36% |
| FormFactor, Inc. |
21.23%
365,870
|
$5,733,000 | 0.35% |
| HealthEquity, Inc. |
Closed
77,453
|
$5,730,000 | |
| CryoPort, Inc. |
Opened
312,400
|
$5,723,000 | 0.35% |
| Spirit Airlines, Inc. |
17.90%
119,811
|
$5,719,000 | 0.35% |
| Rosetta Stone, Inc. |
11.45%
249,052
|
$5,698,000 | 0.35% |
| Coherent, Inc. |
19.36%
41,310
|
$5,633,000 | 0.35% |
| Energy Recovery, Inc. |
0.73%
538,561
|
$5,612,000 | 0.35% |
| Amphastar Pharmaceuticals In |
0.85%
261,771
|
$5,526,000 | 0.34% |
| Forward Air Corp. |
21.48%
92,876
|
$5,494,000 | 0.34% |
| Werner Enterprises, Inc. |
0.85%
175,370
|
$5,450,000 | 0.34% |
| BlackLine, Inc. |
Opened
100,736
|
$5,390,000 | 0.33% |
| Patterson-UTI Energy, Inc. |
0.95%
465,981
|
$5,363,000 | 0.33% |
| Clarus Corp. |
Opened
370,561
|
$5,351,000 | 0.33% |
| Chuy's Holdings, Inc. |
18.57%
232,494
|
$5,329,000 | 0.33% |
| Green Dot Corp. |
Closed
87,263
|
$5,293,000 | |
| Limoneira Co. |
0.74%
263,962
|
$5,263,000 | 0.33% |
| Glu Mobile, Inc. |
0.74%
728,449
|
$5,230,000 | 0.32% |
| TopBuild Corp. |
Opened
62,576
|
$5,179,000 | 0.32% |
| Seacoast Banking Corp/fl |
0.73%
203,306
|
$5,172,000 | 0.32% |
| Rexnord Corp. |
18.09%
170,424
|
$5,150,000 | 0.32% |
| MaxLinear, Inc. |
25.11%
219,674
|
$5,149,000 | 0.32% |
| Neogen Corp. |
0.88%
81,873
|
$5,085,000 | 0.31% |
| Intricon Corp. |
13.49%
216,680
|
$5,062,000 | 0.31% |
| Ligand Pharmaceuticals, Inc. |
0.84%
43,919
|
$5,013,000 | 0.31% |
| Apyx Medical Corp |
5.42%
742,822
|
$4,992,000 | 0.31% |
| AxoGen, Inc. |
34.96%
251,850
|
$4,987,000 | 0.31% |
| Spartan Motors, Inc. |
Closed
563,601
|
$4,977,000 | |
| Chembio Diagnostics, Inc. |
0.73%
808,673
|
$4,925,000 | 0.30% |
| Mix Telematics Ltd Sponsored A |
105.29%
326,846
|
$4,912,000 | 0.30% |
| Benefitfocus, Inc. |
0.85%
178,986
|
$4,859,000 | 0.30% |
| NeoGenomics, Inc. |
27.70%
220,020
|
$4,827,000 | 0.30% |
| eGain Corp. |
78.10%
585,565
|
$4,766,000 | 0.30% |
| Qad Inc-a |
Opened
118,444
|
$4,763,000 | 0.29% |
| Neuronetics, Inc. |
25.75%
380,717
|
$4,763,000 | 0.29% |
| Glaukos Corp. |
17.61%
62,928
|
$4,745,000 | 0.29% |
| Mellanox Technologies Ltd |
1.27%
42,060
|
$4,655,000 | 0.29% |
| Cray Inc |
64.33%
132,660
|
$4,619,000 | 0.29% |
| CenterState Bank Corp. |
19.90%
200,279
|
$4,612,000 | 0.29% |
| Columbus Mckinnon Corp/ny |
51.78%
108,203
|
$4,541,000 | 0.28% |
| Matador Resources Co. |
0.83%
222,117
|
$4,416,000 | 0.27% |
| Independent Bank Group, Inc. |
0.74%
80,236
|
$4,410,000 | 0.27% |
| Lattice Semiconductor Corp. |
Opened
298,627
|
$4,357,000 | 0.27% |
| Agilysys, Inc. |
74.76%
202,734
|
$4,353,000 | 0.27% |
| Flexion Therapeutics, Inc. |
Closed
346,457
|
$4,324,000 | |
| Balchem Corp. |
0.95%
43,133
|
$4,312,000 | 0.27% |
| Allegiance Bancshares Inc |
14.08%
126,070
|
$4,203,000 | 0.26% |
| Quin Street Inc |
Opened
243,441
|
$3,859,000 | 0.24% |
| Fox Factory Holding Corp. |
Opened
46,067
|
$3,801,000 | 0.24% |
| Codexis, Inc. |
Closed
183,830
|
$3,774,000 | |
| nLIGHT, Inc. |
9.42%
194,607
|
$3,736,000 | 0.23% |
| Franklin Covey Co. |
Opened
101,589
|
$3,454,000 | 0.21% |
| Appfolio Inc - A |
21.95%
32,851
|
$3,360,000 | 0.21% |
| Manitex International, Inc. |
0.73%
549,918
|
$3,360,000 | 0.21% |
| PetIQ, Inc. |
Closed
105,830
|
$3,324,000 | |
| Photronics, Inc. |
37.54%
395,493
|
$3,243,000 | 0.20% |
| Mammoth Energy Services, Inc. |
Closed
189,666
|
$3,158,000 | |
| Aquantia Corp |
63.49%
170,441
|
$2,221,000 | 0.14% |
| Sterling Bancorp Inc |
0.73%
218,480
|
$2,178,000 | 0.13% |
| Allied Motion Technologies, Inc. |
Opened
52,840
|
$2,003,000 | 0.12% |
| Profire Energy, Inc. |
0.72%
1,287,709
|
$1,944,000 | 0.12% |
| Amber Road Inc |
Closed
131,457
|
$1,140,000 | |
| RPC, Inc. |
Closed
79,181
|
$903,000 | |
| Kadant, Inc. |
Closed
7,956
|
$700,000 | |
| Cooper-standard Holding |
Closed
13,415
|
$630,000 | |
| Insulet Corp. |
5.43%
2,447
|
$292,000 | 0.02% |
| DexCom, Inc. |
Opened
1,757
|
$263,000 | 0.02% |
| Teradyne, Inc. |
4.28%
5,306
|
$254,000 | 0.02% |
| Under Armour, Inc. |
5.08%
11,104
|
$247,000 | 0.02% |
| RingCentral, Inc. |
Closed
2,219
|
$239,000 | |
| Bio-Techne Corp. |
Closed
1,083
|
$215,000 | |
| Twilio Inc - A |
25.53%
1,485
|
$202,000 | 0.01% |
| Trade Desk Inc/the -class A |
Closed
1,016
|
$201,000 | |
| Pure Storage, Inc. |
12.50%
10,455
|
$160,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 195 holdings | |||
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- Ing Investments
- Cohen Klingenstein
- Fulton Bank, N. A
- Martin Currie Ltd
- Bvf Inc/il
- Spyglass Capital Management
- Signature Estate & Investment Advisors
- Frontier Investment Mgmt Co
- Ls Investment Advisors
- Gam Ag
- Premier Fund Managers Ltd
- Picton Mahoney Asset Management