Millrace Asset Group, Inc.

CIK

1604831

Location

BERWYN, PA

Portfolio Value

Micro $89,443,339

Diversification

Diversified

Filing Date

Global Rank

#5,308 / 7,307 ▼ 126 · as of Sep 2024

Top Industry

Software - Infrastructure 14.7%

3Y Alpha vs SPY

-14.7%

Period ended 1 year ago

Filed Nov 13, 2024 · 1y

19 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+18.2%

SPY

+76.5%

Annualised alpha

-15.1%

Max drawdown

−37.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

65 positions · as of Sep 30, 2024 · Δ vs Jun 30, 2024

Top Position

3.0%

−0.1 pts

Top 5

14.0%

−0.8 pts

Top 10

26.2%

−0.7 pts

HHI

188

Diversified+2

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2024

Sector	% Portfolio	Value	Positions
Technology	28.6%	$25,602,920	16
Healthcare	27.5%	$24,603,622	19
Industrials	22.5%	$20,083,736	14
Consumer Cyclical	10.0%	$8,947,759	7
Communication Services	4.7%	$4,186,582	2
Consumer Defensive	4.3%	$3,806,058	4
Basic Materials	1.4%	$1,253,335	1
Energy	1.0%	$860,698	1
Financial Services	0.1%	$98,629	1

Last Quarter's Activity

Export CSV

Sep 30, 2024 vs Jun 30, 2024

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
RPAY	Repay Holdings Corp	+221,102	323,139	$2,636,814
ARLO	Arlo Technologies, Inc.	+38,550	127,131	$1,539,556
VMD	Viemed Healthcare, Inc.	+27,084	231,322	$1,695,590
LOVE	Lovesac Co	+26,481	68,503	$1,962,610
UTI	Universal Technical Institute Inc	+17,161	67,315	$1,094,541
CHRW	C. H. Robinson Worldwide, Inc.	+3,182	18,471	$2,038,644
NTRA	Natera, Inc.	+2,228	12,144	$1,541,680
SITM	SITIME Corp	+1,682	7,634	$1,309,307
ATRC	AtriCure, Inc.	+1,660	71,708	$2,010,692
GMED	Globus Medical Inc	+977	23,151	$1,656,222
VSEC	Vse Corp	+956	23,364	$1,932,903
FOUR	Shift4 Payments, Inc.	+308	27,151	$2,405,578
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CRNT	Ceragon Networks Ltd	−134,263	248,440	$680,725
MAMA	Mama's Creations, Inc.	−93,936	46,113	$336,624
ZETA	Zeta Global Holdings Corp.	−83,948	78,071	$2,328,857
BWMN	Bowman Consulting Group Ltd.	−58,245	20,533	$494,434
MGNI	Magnite, Inc.	−48,361	165,330	$2,289,820
PTLO	Portillo's Inc.	−47,211	46,170	$621,909
MDXG	Mimedx Group, Inc.	−42,296	166,042	$981,308
AVPT	AvePoint, Inc.	−28,689	204,142	$2,402,751
INGN	Inogen Inc	−18,599	127,285	$1,234,664
SEZL	Sezzle Inc.	−16,173	3,469	$98,629
OLLI	Ollie's Bargain Outlet Holdings, Inc.	−15,250	5,757	$559,580
COHR	Coherent Corp.	−15,208	3,407	$302,916
PDFS	Pdf Solutions Inc	−13,151	46,136	$1,461,588
VICR	Vicor Corp	−7,081	21,629	$910,580
FLR	Fluor Corp	−5,047	41,904	$1,999,239
CRS	Carpenter Technology Corp	−3,012	10,409	$1,661,068
HURN	Huron Consulting Group Inc.	−2,558	24,752	$2,690,542
OSIS	Osi Systems Inc	−2,460	13,879	$2,107,248
ICUI	Icu Medical Inc/De	−2,441	11,330	$2,064,552
FLS	Flowserve Corp	−1,986	26,024	$1,345,180
CVLG	Covenant Logistics Group, Inc.	−1,645	15,044	$397,462
ENVX	Enovix Corp	−1,214	134,140	$1,252,867
FC	Franklin Covey Co	−400	44,136	$1,815,313
SMG	Scotts Miracle-Gro Co	−132	14,456	$1,253,335
LMB	Limbach Holdings, Inc.	−102	9,235	$699,643
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SMTC	Semtech Corp	52,405	$2,392,812
RSI	Rush Street Interactive, Inc.	196,814	$2,135,431
S	SentinelOne, Inc.	85,013	$2,033,510
TREX	Trex Co Inc	30,185	$2,009,717
TNDM	Tandem Diabetes Care Inc	46,304	$1,963,752
GENI	Genius Sports Ltd	241,934	$1,896,762
CNMD	CONMED Corp	23,145	$1,664,588
HCAT	Health Catalyst, Inc.	192,616	$1,567,894
DRVN	Driven Brands Holdings Inc.	99,521	$1,420,164
ADPT	Adaptive Biotechnologies Corp	272,681	$1,396,126
LUNG	Pulmonx Corp	167,725	$1,390,440
IMXI	International Money Express, Inc.	74,023	$1,368,685
MIDD	MIDDLEBY Corp	9,831	$1,367,787
SRAD	Sportradar Group AG	105,509	$1,277,713
OMCL	Omnicell, Inc.	28,043	$1,222,674
DAVE	Dave Inc./DE	28,912	$1,155,323
CPS	Cooper-Standard Holdings Inc.	79,020	$1,096,007
SIBN	SI-BONE, Inc.	75,542	$1,056,077
VSXY	Victoria's Secret & Co.	35,850	$921,345
OFIX	Orthofix Medical Inc.	58,027	$906,381
SGHT	Sight Sciences, Inc.	138,793	$874,395
MTDR	Matador Resources Co	17,416	$860,698
EXTR	Extreme Networks Inc	55,124	$828,513
KRUS	Kura Sushi USA, Inc.	9,810	$790,293
TRNS	Transcat Inc	5,421	$654,694
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
ULTA	Ulta Beauty, Inc.	7,002	$2,701,861
URBN	Urban Outfitters Inc	54,853	$2,251,715
MXL	Maxlinear, Inc	106,087	$2,136,592
IRTC	iRhythm Holdings, Inc.	18,675	$2,010,177
PODD	Insulet Corp	9,535	$1,924,163
THRM	Gentherm Inc	38,280	$1,887,969
RAMP	LiveRamp Holdings, Inc.	58,354	$1,805,472
ONT	Onterris, Inc.	39,926	$1,779,102
SIMO	Silicon Motion Technology CORP	21,007	$1,701,356
MITK	Mitek Systems Inc	146,366	$1,636,371
SG	Sweetgreen, Inc.	52,526	$1,583,133
ANF	Abercrombie & Fitch Co /De/	8,756	$1,557,167
LUCK	Lucky Strike Entertainment Corp	99,201	$1,437,422
AVNW	Aviat Networks, Inc.	42,312	$1,213,931
ATEC	Alphatec Holdings, Inc.	109,705	$1,146,417
INDI	indie Semiconductor, Inc.	167,709	$1,034,764
STIM	Neuronetics, Inc.	548,470	$987,246
MASI	Masimo Corp	7,002	$881,831
VTOL	Bristow Group Inc.	25,909	$868,728
HLMN	Hillman Solutions Corp.	98,034	$867,600
FIVN	Five9, Inc.	16,562	$730,384
LSPD	Lightspeed Commerce Inc.	52,586	$719,902
SPIR	Spire Global, Inc.	65,823	$713,521
TTI	Tetra Technologies Inc	175,031	$605,607
CECO	Ceco Environmental Corp	18,586	$536,206
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

65 positions · $89,443,339 total · as of Sep 30, 2024

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 65 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
HURN	Huron Consulting Group Inc. Industrials	Reduced	24,752	-2,558	$2,690,542	+0.0%	3.01%
RPAY	Repay Holdings Corp Technology	Added	323,139	+221,102	$2,636,814	+144.7%	2.95%
FOUR	Shift4 Payments, Inc. Technology	Added	27,151	+308	$2,405,578	+22.2%	2.69%
AVPT	AvePoint, Inc. Technology	Reduced	204,142	-28,689	$2,402,751	−1.0%	2.69%
SMTC	Semtech Corp Technology	NEW	52,405	NEW	$2,392,812	NEW	2.68%
ZETA	Zeta Global Holdings Corp. Technology	Reduced	78,071	-83,948	$2,328,857	−18.6%	2.60%
MGNI	Magnite, Inc. Communication Services	Reduced	165,330	-48,361	$2,289,820	−19.4%	2.56%
RSI	Rush Street Interactive, Inc. Consumer Cyclical	NEW	196,814	NEW	$2,135,431	NEW	2.39%
OSIS	Osi Systems Inc Technology	Reduced	13,879	-2,460	$2,107,248	−6.2%	2.36%
ICUI	Icu Medical Inc/De Healthcare	Reduced	11,330	-2,441	$2,064,552	+26.2%	2.31%
CHRW	C. H. Robinson Worldwide, Inc. Industrials	Added	18,471	+3,182	$2,038,644	+51.3%	2.28%
S	SentinelOne, Inc. Technology	NEW	85,013	NEW	$2,033,510	NEW	2.27%
ATRC	AtriCure, Inc. Healthcare	Added	71,708	+1,660	$2,010,692	+26.1%	2.25%
TREX	Trex Co Inc Industrials	NEW	30,185	NEW	$2,009,717	NEW	2.25%
FLR	Fluor Corp Industrials	Reduced	41,904	-5,047	$1,999,239	−2.2%	2.24%
TNDM	Tandem Diabetes Care Inc Healthcare	NEW	46,304	NEW	$1,963,752	NEW	2.20%
LOVE	Lovesac Co Consumer Cyclical	Added	68,503	+26,481	$1,962,610	+106.8%	2.19%
VSEC	Vse Corp Industrials	Added	23,364	+956	$1,932,903	−2.3%	2.16%
GENI	Genius Sports Ltd Communication Services	NEW	241,934	NEW	$1,896,762	NEW	2.12%
FC	Franklin Covey Co Consumer Defensive	Reduced	44,136	-400	$1,815,313	+7.3%	2.03%
VMD	Viemed Healthcare, Inc. Healthcare	Added	231,322	+27,084	$1,695,590	+26.7%	1.90%
CNMD	CONMED Corp Healthcare	NEW	23,145	NEW	$1,664,588	NEW	1.86%
CRS	Carpenter Technology Corp Industrials	Reduced	10,409	-3,012	$1,661,068	+12.9%	1.86%
GMED	Globus Medical Inc Healthcare	Added	23,151	+977	$1,656,222	+9.1%	1.85%
HCAT	Health Catalyst, Inc. Healthcare	NEW	192,616	NEW	$1,567,894	NEW	1.75%
NTRA	Natera, Inc. Healthcare	Added	12,144	+2,228	$1,541,680	+43.6%	1.72%
ARLO	Arlo Technologies, Inc. Industrials	Added	127,131	+38,550	$1,539,556	+33.3%	1.72%
PDFS	Pdf Solutions Inc Technology	Reduced	46,136	-13,151	$1,461,588	−32.2%	1.63%
DRVN	Driven Brands Holdings Inc. Consumer Cyclical	NEW	99,521	NEW	$1,420,164	NEW	1.59%
ADPT	Adaptive Biotechnologies Corp Healthcare	NEW	272,681	NEW	$1,396,126	NEW	1.56%
LUNG	Pulmonx Corp Healthcare	NEW	167,725	NEW	$1,390,440	NEW	1.55%
IMXI	International Money Express, Inc. Technology	NEW	74,023	NEW	$1,368,685	NEW	1.53%
MIDD	MIDDLEBY Corp Industrials	NEW	9,831	NEW	$1,367,787	NEW	1.53%
FLS	Flowserve Corp Industrials	Reduced	26,024	-1,986	$1,345,180	−0.2%	1.50%
SITM	SITIME Corp Technology	Added	7,634	+1,682	$1,309,307	+76.9%	1.46%
SRAD	Sportradar Group AG Technology	NEW	105,509	NEW	$1,277,713	NEW	1.43%
SMG	Scotts Miracle-Gro Co Basic Materials	Reduced	14,456	-132	$1,253,335	+32.1%	1.40%
ENVX	Enovix Corp Industrials	Reduced	134,140	-1,214	$1,252,867	−40.1%	1.40%
INGN	Inogen Inc Healthcare	Reduced	127,285	-18,599	$1,234,664	+4.1%	1.38%
OMCL	Omnicell, Inc. Healthcare	NEW	28,043	NEW	$1,222,674	NEW	1.37%
DAVE	Dave Inc./DE Technology	NEW	28,912	NEW	$1,155,323	NEW	1.29%
CPS	Cooper-Standard Holdings Inc. Consumer Cyclical	NEW	79,020	NEW	$1,096,007	NEW	1.23%
UTI	Universal Technical Institute Inc Consumer Defensive	Added	67,315	+17,161	$1,094,541	+38.7%	1.22%
SIBN	SI-BONE, Inc. Healthcare	NEW	75,542	NEW	$1,056,077	NEW	1.18%
MDXG	Mimedx Group, Inc. Healthcare	Reduced	166,042	-42,296	$981,308	−32.0%	1.10%
VSXY	Victoria's Secret & Co. Consumer Cyclical	NEW	35,850	NEW	$921,345	NEW	1.03%
VICR	Vicor Corp Technology	Reduced	21,629	-7,081	$910,580	−4.4%	1.02%
OFIX	Orthofix Medical Inc. Healthcare	NEW	58,027	NEW	$906,381	NEW	1.01%
SGHT	Sight Sciences, Inc. Healthcare	NEW	138,793	NEW	$874,395	NEW	0.98%
MTDR	Matador Resources Co Energy	NEW	17,416	NEW	$860,698	NEW	0.96%