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NEXT CENTURY GROWTH INVESTORS LLC

Q2 2025 · Filed 2025-08-14
Market Value
$1.3B
+15.8%
Holdings
131
-13
New Purchases
11
Added To
48
Closed
11
Reduced
61
Top 10 Concentration
25.7%
Turnover
16.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
STRL 2.72% 0.83% +1.89% $35M
CDNA 1.72% 0.44% +1.28% $22M
TMDX 1.25% 0.00% +1.25% $16M
AGYS 0.96% 0.00% +0.96% $12M
SPRY 0.85% 0.00% +0.85% $11M
IRTC 2.70% 1.97% +0.73% $35M
ELF 0.72% 0.00% +0.72% $9M
AVPT 1.54% 0.87% +0.67% $20M
MYRG 2.22% 1.58% +0.64% $28M
OLO 0.81% 0.19% +0.61% $10M
SITM 0.84% 0.27% +0.57% $11M
XMTR 2.04% 1.50% +0.54% $26M
ATRO 3.31% 2.82% +0.50% $42M
CELH 0.50% 0.00% +0.50% $6M
TTAN 0.49% 0.00% +0.49% $6M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GDYN 0.44% 2.54% -2.10% $6M
WGS 1.60% 3.34% -1.74% $20M
INOD 0.39% 1.63% -1.24% $5M
GLBE 0.44% 1.32% -0.88% $6M
PYCR 0.00% 0.88% -0.88% $0
AAON 0.00% 0.88% -0.88% $0
ALHC 2.37% 3.17% -0.80% $30M
VCYT 0.51% 1.28% -0.76% $7M
CWAN 0.56% 1.28% -0.72% $7M
GWRE 0.21% 0.89% -0.68% $3M
QNST 0.00% 0.68% -0.68% $0
SAIA 1.15% 1.72% -0.57% $15M
PAR 2.26% 2.78% -0.52% $29M
WAL 0.49% 0.97% -0.48% $6M
HXL 0.00% 0.48% -0.48% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 15 $111M 8.7%
Large Cap 37 $249M 19.4%
Mid Cap 37 $536M 41.8%
Small Cap 37 $377M 29.4%
Micro Cap 5 $10M 0.7%

Portfolio Analytics

Avg Market Cap
$238.1B
Median Market Cap
$6.0B
Avg P/E
62.2
Median P/E
43.9
Avg Dividend Yield
0.00%
Avg Beta
1.27
# Stocks
131
# ETFs / Funds
0

Top Holdings (131 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 ATRO 3.31% 1,267,874 $42M $33.48 $11M -21,422 -1.7%
2 PAY 2.89% 1,129,725 $37M $32.75 $2M -227,255 -16.8%
3 STRL 2.72% 150,972 $35M $230.73 $26M +69,585 +85.5%
4 IRTC 2.70% 224,863 $35M $153.96 $13M +16,643 +8.0%
5 UTI 2.54% 958,891 $32M $33.89 $6M -90,851 -8.7%
6 AORT 2.44% 1,006,042 $31M $31.10 $6M -16,733 -1.6%
7 ALHC 2.37% 2,171,649 $30M $14.00 -$5M +285,144 +15.1%
8 PAR 2.26% 417,625 $29M $69.37 -$2M -83,195 -16.6%
9 MYRG 2.22% 157,043 $28M $181.45 $11M +2,533 +1.6%
10 VCEL 2.22% 668,649 $28M $42.55 $2M +86,114 +14.8%
11 XMTR 2.04% 772,593 $26M $33.79 $10M +108,301 +16.3%
12 ATEC 1.79% 2,060,735 $23M $11.10 $6M +382,057 +22.8%
13 MTSI 1.77% 158,383 $23M $143.29 $8M +7,979 +5.3%
14 QTWO 1.72% 235,404 $22M $93.59 $4M +10,701 +4.8%
15 CDNA 1.72% 1,125,454 $22M $19.54 $17M +850,580 +309.4%
16 RBC 1.70% 56,514 $22M $384.80 $2M -4,634 -7.6%
17 LMB 1.69% 154,287 $22M $140.10 $8M -30,139 -16.3%
18 OLLI 1.65% 160,774 $21M $131.78 $2M -1,177 -0.7%
19 WGS 1.60% 221,610 $20M $92.31 -$16M -195,427 -46.9%
20 AVPT 1.54% 1,019,773 $20M $19.31 $10M +353,089 +53.0%
21 KNSL 1.52% 40,356 $20M $483.90 -$231K -242 -0.6%
22 MSFT 1.52% 39,247 $20M $497.41 $8M +7,683 +24.3%
23 NVDA 1.40% 113,203 $18M $157.99 $7M +11,503 +11.3%
24 CRS 1.33% 61,712 $17M $276.38 $4M -12,497 -16.8%
25 LINC 1.30% 719,945 $17M $23.05 $5M -18,978 -2.6%
26 EXLS 1.29% 377,818 $17M $43.79 -$2M -10,645 -2.7%
27 BROS 1.27% 238,202 $16M $68.37 $5M +52,716 +28.4%
28 TMDX 1.25% 119,756 $16M $134.01 +119,756 NEW
29 ACVA 1.22% 962,921 $16M $16.22 -$3M -365,387 -27.5%
30 SAIA 1.15% 53,622 $15M $273.99 -$4M -716 -1.3%
31 WAY 1.13% 353,623 $14M $40.87 $1M -2,601 -0.7%
32 AGX 1.08% 62,491 $14M $220.48 $7M +11,351 +22.2%
33 HQY 1.06% 129,465 $14M $104.76 $5M +31,197 +31.8%
34 ALKT 1.04% 440,921 $13M $30.14 $1M -11,363 -2.5%
35 PEN 1.00% 49,742 $13M $256.63 $2M +8,163 +19.6%
36 AAPL 0.99% 61,706 $13M $205.17 -$1M -1,212 -1.9%
37 AGYS 0.96% 107,830 $12M $114.64 +107,830 NEW
38 VERX 0.91% 331,383 $12M $35.33 $22K -2,462 -0.7%
39 AMZN 0.88% 51,131 $11M $219.39 $2M +1,432 +2.9%
40 LSCC 0.86% 225,774 $11M $48.99 -$871K -1,708 -0.8%
41 PRCT 0.85% 189,185 $11M $57.60 $3M +62,112 +48.9%
42 SPRY 0.85% 622,823 $11M $17.45 +622,823 NEW
43 SITM 0.84% 50,385 $11M $213.08 $8M +30,927 +158.9%
44 OLO 0.81% 1,159,731 $10M $8.90 $8M +805,475 +227.4%
45 CYBR 0.79% 24,907 $10M $406.88 $3M +4,204 +20.3%
46 LOAR 0.77% 114,481 $10M $86.17 $2M -878 -0.8%
47 MIRM 0.76% 190,325 $10M $50.89 $886K -5,016 -2.6%
48 ELF 0.72% 73,732 $9M $124.44 +73,732 NEW
49 PCTY 0.70% 49,741 $9M $181.19 $1M +8,548 +20.8%
50 SARO 0.69% 278,627 $9M $31.65 $1M -2,034 -0.7%
51 COHR 0.68% 98,285 $9M $89.21 $4M +19,062 +24.1%
52 ORN 0.66% 932,908 $8M $9.07 $5M +221,536 +31.1%
53 GLDD 0.62% 648,290 $8M $12.19 $2M -16,992 -2.5%
54 CRDO 0.61% 84,785 $8M $92.59 $4M -652 -0.8%
55 MAMA 0.59% 918,394 $8M $8.30 $1M -23,750 -2.5%
56 PBPB 0.58% 603,003 $7M $12.25 $2M -15,588 -2.5%
57 CWAN 0.56% 325,680 $7M $21.93 -$7M -201,081 -38.2%
58 SEMR 0.55% 775,997 $7M $9.05 -$405K -20,154 -2.5%
59 AVGO 0.54% 25,194 $7M $275.65 $4M +7,691 +43.9%
60 SNOW 0.54% 30,905 $7M $223.77 $2M +12 +0.0%
61 INTA 0.54% 133,271 $7M $51.62 -$1M -3,408 -2.5%
62 BA 0.52% 32,051 $7M $209.53 $1M +13 +0.0%
63 NFLX 0.52% 4,997 $7M $1,339.13 $3M +624 +14.3%
64 BY 0.52% 247,810 $7M $26.73 -$2M -82,109 -24.9%
65 GS 0.52% 9,350 $7M $707.75 $2M +757 +8.8%
66 VCYT 0.51% 242,774 $7M $27.03 -$8M -233,442 -49.0%
67 WING 0.51% 19,326 $7M $336.74 $4M +8,165 +73.2%
68 CELH 0.50% 136,815 $6M $46.39 +136,815 NEW
69 SKWD 0.49% 108,809 $6M $57.79 $382K -2,795 -2.5%
70 TTAN 0.49% 58,567 $6M $107.18 +58,567 NEW
71 WAL 0.49% 80,125 $6M $77.98 -$4M -59,749 -42.7%
72 PNFP 0.49% 56,436 $6M $110.41 -$4M -35,681 -38.7%
73 COST 0.48% 6,244 $6M $989.94 $279K +3 +0.1%
74 HWM 0.48% 33,112 $6M $186.13 $2M +13 +0.0%
75 BSX 0.46% 54,495 $6M $107.41 $4M +36,926 +210.2%
76 BOW 0.45% 153,411 $6M $37.53 -$643K -4,045 -2.6%
77 GDYN 0.44% 488,114 $6M $11.55 -$23M -1,309,957 -72.8%
78 GLBE 0.44% 167,172 $6M $33.54 -$9M -243,068 -59.2%
79 KNX 0.44% 126,617 $6M $44.23 $53K -942 -0.7%
80 GSHD 0.42% 51,487 $5M $105.51 -$806K -1,353 -2.6%
81 VRT 0.42% 41,859 $5M $128.41 $3M +11,005 +35.7%
82 PGR 0.40% 19,439 $5M $266.86 -$313K +5 +0.0%
83 TWFG 0.39% 144,398 $5M $35.00 $2M +36,662 +34.0%
84 INOD 0.39% 97,245 $5M $51.22 -$13M -404,808 -80.6%
85 ASIC 0.39% 230,145 $5M $21.52 +230,145 NEW
86 BLND 0.39% 1,497,059 $5M $3.30 -$157K -24,589 -1.6%
87 BLFS 0.38% 228,790 $5M $21.54 -$2M -80,896 -26.1%
88 SIBN 0.38% 256,345 $5M $18.82 +256,345 NEW
89 TITN 0.37% 240,052 $5M $19.81 +240,052 NEW
90 CVLG 0.36% 193,383 $5M $24.11 $258K -5,001 -2.5%
91 BWB 0.36% 286,741 $5M $15.91 $474K -7,566 -2.6%
92 META 0.35% 6,063 $4M $738.09 -$2M -5,234 -46.3%
93 FROG 0.34% 99,876 $4M $43.88 $1M -2,586 -2.5%
94 NOW 0.34% 4,246 $4M $1,028.08 $1M +365 +9.4%
95 TSLA 0.31% 12,426 $4M $317.66 $2M +5,285 +74.0%
96 GOOGL 0.30% 21,948 $4M $176.23 -$3M -23,525 -51.7%
97 AIP 0.30% 397,169 $4M $9.53 $968K -10,552 -2.6%
98 CBLL 0.29% 199,082 $4M $18.73 -$193K -5,047 -2.5%
99 V 0.26% 9,437 $3M $355.05 $45K +4 +0.0%
100 PWR 0.26% 8,790 $3M $378.08 $2M +1,799 +25.7%

New Positions

SymbolValue% Port
TMDX $16M 1.25%
AGYS $12M 0.96%
SPRY $11M 0.85%
ELF $9M 0.72%
CELH $6M 0.50%
TTAN $6M 0.49%
ASIC $5M 0.39%
SIBN $5M 0.38%
TITN $5M 0.37%
CAT $2M 0.15%
TOST $2M 0.14%

Sold Out Positions

SymbolValue% Port
CMG —%
DAVA —%
HXL —%
AAON —%
MRVL —%
CDNS —%
QNST —%
ARCB —%
RXST —%
TTD —%
PYCR —%
View SEC EDGAR Filings for NEXT CENTURY GROWTH INVESTORS LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms