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Institutional Investment Manager
Pembroke Management, LTD
Pembroke Management, LTD (CIK: 0001063497), located at 1002 Sherbrooke Street West, Montreal, A8. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 57 holdings with a total value of $1,009,553,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 DESCARTES SYS GROUP INC COM 1,948,700 55,011,000 5.45%
2 HMS HOLDINGS CORPORATION 2,036,696 45,153,000 4.47%
3 GILDAN ACTIVEWEAR INC 1,219,430 44,679,000 4.43%
4 COLLIERS INTL GROUP INC 748,800 41,236,000 4.08%
5 BOFI HLDG INC 1,806,936 40,475,000 4.01%
6 HEALTHSTREAM INC COM 1,439,828 39,739,000 3.94%
7 ACTUA CORP 2,680,515 34,712,000 3.44%
8 WNS HLDGS LTD 1,022,197 30,614,000 3.03%
9 GTT COMMUNICATIONS INC COM 1,156,776 27,218,000 2.70%
10 OSISKO GOLD ROYALTIES LTD 1,866,808 26,807,000 2.66%
11 GENTHERM INC COM 851,808 26,763,000 2.65%
12 FIRSTSERVICE CORP NEW 399,100 24,353,000 2.41%
13 NATIONAL GEN HLDGS CORP COM 1,073,600 23,876,000 2.37%
14 TELIGENT INC NEW 2,937,621 22,325,000 2.21%
15 EURONET WORLDWIDE INC 264,000 21,603,000 2.14%
16 ENCORE CAP GROUP INC COM 934,893 21,016,000 2.08%
17 WebMD Health Corp 421,800 20,963,000 2.08%
18 Drew Inds Inc 213,117 20,889,000 2.07%
19 J2 GLOBAL INC 308,386 20,541,000 2.03%
20 WEBSITE PROS INC COM 1,123,602 19,404,000 1.92%
21 AAC HLDGS INC COM 1,100,763 19,142,000 1.90%
22 POINTS INTL LTD COM NEW 1,610,000 18,933,000 1.88%
23 CHARLES RIV LABS INTL INC 226,535 18,879,000 1.87%
24 MAXIMUS INC 331,718 18,761,000 1.86%
25 BOINGO WIRELESS INC COM 1,741,200 17,899,000 1.77%
26 GP Strategies Corp 712,898 17,551,000 1.74%
27 MGP INGREDIENTS INC NEW COM 426,565 17,284,000 1.71%
28 LIFEPOINT HOSPS INC 291,400 17,259,000 1.71%
29 Franklin Covey Co 949,470 16,910,000 1.67%
30 HEMISPHERE MEDIA GROUP IN 1,248,100 15,913,000 1.58%
31 VISTEON CORP COM NEW 204,800 14,675,000 1.45%
32 SUPERIOR UNIFORM GP INC COM 729,200 14,430,000 1.43%
33 TAHOE RES INC 844,600 14,206,000 1.41%
34 AMN HEALTHCARE SERVICES INC 438,900 13,987,000 1.39%
35 GULFPORT ENERGY CORP 482,716 13,636,000 1.35%
36 MATADOR RES CO 548,900 13,360,000 1.32%
37 ACADIA HEALTHCARE COMPANY IN 248,245 12,300,000 1.22%
38 TREX CO INC COM 193,000 11,332,000 1.12%
39 SONIC CORP 408,600 10,697,000 1.06%
40 VIRTUSA CORPORATION 432,187 10,666,000 1.06%
41 CARBONITE INC 621,300 9,543,000 0.95%
42 DHX MEDIA LTD 1,327,660 9,121,000 0.90%
43 VEEVA SYS INC 209,100 8,631,000 0.85%
44 INOGEN INC COM 138,100 8,272,000 0.82%
45 HARMAN INTL INDS INC 90,200 7,617,000 0.75%
46 EXLSERVICE HOLDINGS INC COM 149,900 7,471,000 0.74%
47 FINANCIAL ENGINES INC 246,600 7,326,000 0.73%
48 Heska Corp 114,903 6,254,000 0.62%
49 BRIGHTCOVE INC COM 461,700 6,025,000 0.60%
50 REIS INC 215,300 4,405,000 0.44%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001606587-16-000811, filed 2016.10.27).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.