Invest Like
An Owner
Quality Growth Strategies for the Long-Term
We are an independent quality growth investment management boutique built to deliver compelling long-term returns through concentrated, fundamentally driven small-to mid-cap investment strategies.
Founded
Investment Team
Average Industry Experience
AUM as of 9/30/26
Employee Owned
Suburban
Philadelphia
Location
Investment Strategies & Funds
Our primary investment offerings take the form of Mutual Funds, Separately Managed Accounts and CITs
Holdings: 25-40
Benchmark:
Russell Microcap Growth
Strategy Inception: 11/30/2018
Close
Holdings: 45-50
Benchmark:
Russell 2000 Growth
Strategy Inception: 12/31/1998
Close
Holdings: 40-60
Benchmark:
Russell 2500 Growth
Strategy Inception: 12/31/2013
Close
Our Philosophy
We invest with an ownership mindset focused entirely on identifying sector-leading small-to mid-cap companies with strong management teams capable of maintaining sustainable earnings growth that can result in lower volatility with durable alpha generation.
Perspectives
2026 Q3 Commentary
Our stance coming into 2026 was that the combination of accelerating earnings growth, historically cheap valuation relative to Large Caps, and strong domestic economic tailwinds created an exciting outlook for Small Caps.
Why High-Quality Small Caps? Why Now?
Three converging trends suggest a more favorable environment for quality.
The Transition to Mid-Cycle Favors Quality
Why the longest phase of the business cycle may create a more favorable environment for higher quality, durable growth businesses.
When Capital Gets More Expensive: Why Quality May Matter More
For much of the last fifteen years, investors operated in a world defined by low inflation, falling interest rates, and abundant liquidity.
Is the Tide Turning for High-Quality Small Caps?
The past fifteen months have been among the most challenging environments for high-quality small cap investing in the past four decades. While no one can predict exactly when leadership will change, history suggests these extreme periods have not persisted indefinitely.
Connect
Conestoga Capital Advisors, LLC
CrossPoint at Valley Forge
550 E. Swedesford Road, Suite 120
Wayne, PA 19087
P 484-654-1380
info@conestogacapital.com
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