Here’s Why Conestoga Capital Advisors Exited Its Position in I3 Verticals (IIIV)
Conestoga Capital Advisors, an asset management company, released its first-quarter 2026 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | AltraVue Capital Touk Sinantha | 1,170,146 | $26,164,465 | +1% | 2.25% |
| 2. | North Reef Capital James Hanna | 1,025,000 | $22,919,000 | +1254% | 0.79% |
| 3. | Crosslink Capital Seymour Sy Kaufman And Michael Stark | 966,001 | $21,599,782 | +2% | 2.11% |
| 4. | Ranger Investment Management Conrad Doenges (Cio) | 925,888 | $20,702,856 | -1% | 1.5% |
| 5. | Long Path Partners William Brennan And Brian Nelson | 819,625 | $18,326,815 | -26% | 8.32% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $19.23 | 50,000 | $961,500.00 | 50,000 | 2026-05-14 | Filing | |
| $24.06 | 40,000 | $962,400.00 | 88,544 | 2024-11-25 | Filing | |
| $23.51 | 48,544 | $1,141,269.44 | 48,544 | 2024-11-22 | Filing | |
| $21.90 | 22,377 | $490,056.30 | 134,800 | 2023-05-15 | Filing | |
| $21.28 | 27,623 | $587,817.44 | 112,423 | 2023-05-12 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $23.23 | 6,122 | $142,214.06 | 31,250 | 2026-03-06 | Filing | |
| $23.27 | 9,000 | $209,430.00 | 45,818 | 2025-12-03 | Filing | |
| $23.78 | 3,292 | $78,283.76 | 54,818 | 2025-11-26 | Filing | |
| $24.21 | 11,347 | $274,710.87 | 43,653 | 2025-11-21 | Filing | |
| $31.04 | 2,500 | $77,600.00 | 33,269 | 2025-09-11 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 1,775,956 | $39,710,376 | 0% | |
| 2. | 1,555,904 | $34,790,012 | 0.74% | |
| 3. | 1,176,960 | $26,316,826 | 0.09% | |
| 4. | 1,032,606 | $23,089,070 | 1.33% | |
| 5. | 963,150 | $21,536,034 | 0% |