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      <regStreet1>550 E. Swedesford Road</regStreet1>
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      <regCity>Wayne</regCity>
      <regStateConditional regCountry="US" regState="US-PA"/>
      <regZipOrPostalCode>19087</regZipOrPostalCode>
      <regPhone>800-320-7790</regPhone>
      <seriesName>CONESTOGA SMID CAP FUND</seriesName>
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      <repPdEnd>2020-09-30</repPdEnd>
      <repPdDate>2020-06-30</repPdDate>
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      <totLiabs>230346.30</totLiabs>
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      <assetsInvested>0.00000000</assetsInvested>
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      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
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        <name>Henry Jack &amp; Assoc</name>
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        <name>Tyler Technologies</name>
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        <name>Axon Enterprise Inc</name>
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        <name>SPS Commerce Inc</name>
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        <title>Casella Waste Systems, Inc. </title>
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        <name>Graco Inc</name>
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        <name>Merit Medical Syst</name>
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        <name>ACI Worldwide Inc</name>
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        <name>IAA, Inc.</name>
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        <invCountry>CA</invCountry>

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        <name>Pool Corporation</name>
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        <name>Generac Holdings Inc.</name>
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        <name>Balchem Corp</name>
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        <title>Balchem Corporation </title>
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        <name>Douglas Dynamics I</name>
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      <invstOrSec>
        <name>Health Catalyst Incorporation</name>
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      <invstOrSec>
        <name>Gartner Incorporation</name>
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        <name>Repligen Corporation</name>
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        <name>Teleflex Incorporated</name>
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        <name>Altair Engineering Inc</name>
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        <name>Heico Corp</name>
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      <invstOrSec>
        <name>John Bean Tech Cor</name>
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        <name>RBC Bearings Inc</name>
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        <name>Construction Partners INC</name>
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        <name>Copart Inc</name>
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        <name>Aptargroup Inc.</name>
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        <name>Neogen Corp</name>
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        <name>West Pharmaceutical Services Incorporated</name>
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        <name>Lci Industries</name>
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        <name>Evi Industries Inc</name>
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        <name>Realpage Inc</name>
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        <name>Siteone Landscape Supply Inc</name>
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        <name>Rollins Inc</name>
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        <name>Mercury Systems Inc</name>
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        <name>Fair Isaac Corporation</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>Fair Isaac Corporation </title>
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        <name>Ligand Pharmaceuticals Incorporated</name>
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        <name>Guidewire Software Inc</name>
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        <title>Guidewire Software, Inc. </title>
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        <name>Pluralsight Inc</name>
        <lei>254900B3VHPCKNREOX50</lei>
        <title>PLURALSIGHT INC- A </title>
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        <name>Simpson Mfg Co Inc</name>
        <lei>529900EJUNNL15LZ8056</lei>
        <title>Simpson Manufacturing Company, Inc. </title>
        <cusip>829073105</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Exponent Inc</name>
        <lei>529900NY3F5Q2NWPUZ42</lei>
        <title>Exponent, Inc. </title>
        <cusip>30214U102</cusip>
        <identifiers>
          <isin value="US30214U1025"/>
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        <balance>64095.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5187208.35000000</valUSD>
        <pctVal>2.525315658927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vail Resorts, Inc.</name>
        <lei>529900PSZHRNU9HKH870</lei>
        <title>Vail Resorts, Inc. </title>
        <cusip>91879Q109</cusip>
        <identifiers>
          <isin value="US91879Q1094"/>
        </identifiers>
        <balance>21745.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3960851.75000000</valUSD>
        <pctVal>1.928282087794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Watsco Inc</name>
        <lei>549300F1Y3LN5BX5WN75</lei>
        <title>Watsco, Inc. </title>
        <cusip>942622200</cusip>
        <identifiers>
          <isin value="US9426222009"/>
        </identifiers>
        <balance>20305.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3608198.50000000</valUSD>
        <pctVal>1.756598069281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bio-Techne Corp</name>
        <lei>54930073RLKQ51TILZ35</lei>
        <title>Bio-Techne Corporation </title>
        <cusip>09073M104</cusip>
        <identifiers>
          <isin value="US09073M1045"/>
        </identifiers>
        <balance>19145.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5055620.15000000</valUSD>
        <pctVal>2.461253890136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Descartes Systems</name>
        <lei>875500NEPA7JI5EOMN45</lei>
        <title>Descartes Systems Group, Inc. (The) </title>
        <cusip>249906108</cusip>
        <identifiers>
          <isin value="CA2499061083"/>
        </identifiers>
        <balance>104800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5543920.00000000</valUSD>
        <pctVal>2.698975449451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-07-09</ncom:dateSigned>
      <ncom:nameOfApplicant>Conestoga SMid Cap Fund</ncom:nameOfApplicant>
      <ncom:signature>Daniel Bauer</ncom:signature>
      <ncom:signerName>Daniel Bauer</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
