Kayne Anderson Rudnick Investment Management portfolio

What changed this quarter

760 positions with a change (80 new, 278 added to, 331 trimmed, 71 sold); also, 1 entered through an IPO, 3 exited through an acquisition or merger, 3 entered through a spin-off. 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Globus Medical+1.0 ppof portfolioNew
  — → 1.1%
• Interactive Brokers Group−36%fewer sharesReduced
  2.0% → 1.7%
• Choice Hotels International−72%fewer sharesReduced
  1.0% → 0.3%
• Ollie's Bargain Outlet Holdings−70%fewer sharesReduced
  0.9% → 0.2%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• PrimericaPRI2.4%
• RBC BearingsRBC2.4%
• Watts Water TechnologiesWTS2.4%
• Simpson ManufacturingSSD2.3%
• Jack Henry & AssociatesJKHY2.2%
• ToroTTC2.2%
• Teledyne TechnologiesTDY2.1%
• Acushnet HoldingsGOLF2.0%
• Landstar SystemLSTR2.0%
• Interactive Brokers GroupIBKR1.7%
• POOLPOOL1.7%
• NordsonNDSN1.6%
• EMCOR GroupEME1.6%
• UL SolutionsULS1.5%
• AllegionALLE1.5%
• WatscoWSO1.5%
• Berkley W RWRB1.4%
• Zurn Elkay Water SolutionsZWS1.4%
• FTI ConsultingFCN1.4%
• Lennox InternationalLII1.3%
• Installed Building ProductsIBP1.3%
• LPL Financial HoldingsLPLA1.3%
• RLIRLI1.2%
• Cooper CompaniesCOO1.2%
• MoelisMC1.1%
• SaiaSAIA1.1%
• RollinsROL1.1%
• First HawaiianFHB1.1%
• Globus MedicalGMED1.1%
• KadantKAI1.0%
• Houlihan LokeyHLI1.0%
• EquifaxEFX0.9%
• Align TechnologyALGN0.9%
• GracoGGG0.9%
• AmetekAME0.9%
• Monolithic Power SystemsMPWR0.9%
• CorvelCRVL0.9%
• West Pharmaceutical ServicesWST0.8%
• THOR IndustriesTHO0.8%
• UFP IndustriesUFPI0.8%
• BancFirstBANF0.8%
• ServiceTitanTTAN0.8%
• Zebra TechnologiesZBRA0.8%
• Bj’s Wholesale Club HoldingsBJ0.8%
• WabtecWAB0.8%
• DonaldsonDCI0.8%
• Hamilton LaneHLNE0.7%
• ExponentEXPO0.7%
• SiteOne Landscape SupplySITE0.7%
• iShares Core S&P 500 ETFIVV0.7%
• Alliance Laundry HoldingsALH0.7%
• Bright Horizons Family SolutionsBFAM0.6%
• HawkinsHWKN0.6%
• State Str Spdr S&P Midcap 40MDY0.6%
• HeicoHEI/A0.6%
• TrimbleTRMB0.6%
• Universal DisplayOLED0.6%
• LCI IndustriesLCII0.6%
• Construction PartnersROAD0.6%
• NVIDIANVDA0.6%
• Artisan Partners Asset ManagementAPAM0.6%
• Ross StoresROST0.5%
• AmphenolAPH0.5%
• Advanced Drainage SystemsWMS0.5%
• WD 40WDFC0.5%
• Old Dominion Freight LineODFL0.5%
• Bank of HawaiiBOH0.5%
• AlphabetGOOGL0.5%
• Armstrong World IndustriesAWI0.4%
• JBT MarelJBTM0.4%
• Cheesecake FactoryCAKE0.4%
• Manhattan AssociatesMANH0.4%
• Verisk AnalyticsVRSK0.4%
• MSCIMSCI0.4%
• Amazon.comAMZN0.4%
• Fuller H BFUL0.4%
• C.h. Robinson WorldwideCHRW0.4%
• AAONAAON0.3%
• Enerpac Tool GroupEPAC0.3%
• Triumph FinancialTFIN0.3%
• PentairPNR0.3%
• Getty RealtyGTY0.3%
• Goosehead InsuranceGSHD0.3%
• First Financial BanksharesFFIN0.3%
• VisaV0.3%
• Choice Hotels InternationalCHH0.3%
• Stock Yards BancorpSYBT0.3%
• BlackRock ETF TrustDYNF0.3%
• KLAKLAC0.3%
• DatadogDDOG0.3%
• CSW IndustrialsCSW0.3%
• Hillman SolutionsHLMN0.3%
• Kinsale Capital GroupKNSL0.3%
• Servisfirst BancsharesSFBS0.3%
• UnifirstUNF0.3%
• Comfort Systems USAFIX0.3%
• CloudflareNET0.3%
• RYAN Specialty HoldingsRYAN0.3%
• Prestige Consumer HealthcarePBH0.3%
• KforceKFRC0.3%