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Asset Manager ← All Institutions

NEEDHAM INVESTMENT MANAGEMENT LLC

Q4 2025 · Filed 2026-02-17
Market Value
$1.6B
+10.1%
Holdings
166
+3
New Purchases
7
Added To
69
Closed
7
Reduced
38
Top 10 Concentration
30.4%
Turnover
8.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VICR 3.99% 2.24% +1.75% $62M
AIP 3.38% 2.36% +1.02% $53M
TTI 1.42% 0.62% +0.81% $22M
LASR 4.45% 3.74% +0.72% $70M
FORM 2.48% 1.90% +0.58% $39M
SOLS 0.54% 0.00% +0.54% $9M
CECO 1.14% 0.63% +0.51% $18M
CTRI 1.29% 0.92% +0.37% $20M
COHR 1.62% 1.25% +0.37% $25M
PLAB 1.58% 1.23% +0.36% $25M
LINC 1.74% 1.43% +0.31% $27M
THR 1.47% 1.17% +0.30% $23M
CSGP 0.26% 0.02% +0.24% $4M
VSH 2.20% 1.97% +0.23% $34M
MOD 0.21% 0.00% +0.21% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SMCI 2.58% 4.74% -2.16% $40M
TDUP 2.48% 3.77% -1.29% $39M
ASPN 0.79% 1.68% -0.90% $12M
UIS 0.85% 1.40% -0.55% $13M
ODC 1.99% 2.46% -0.48% $31M
ENTG 1.03% 1.50% -0.47% $16M
KVYO 0.13% 0.59% -0.46% $2M
PSN 1.28% 1.72% -0.44% $20M
DD 0.04% 0.36% -0.31% $704K
NVMI 2.34% 2.62% -0.28% $37M
PRO 0.00% 0.27% -0.27% $0
GENI 1.89% 2.16% -0.27% $30M
VECO 1.47% 1.73% -0.26% $23M
MTRX 1.07% 1.32% -0.25% $17M
LH 0.90% 1.14% -0.23% $14M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 9 $38M 2.4%
Large Cap 53 $573M 36.6%
Mid Cap 49 $403M 25.7%
Small Cap 42 $466M 29.8%
Micro Cap 13 $85M 5.5%

Portfolio Analytics

Avg Market Cap
$90.2B
Median Market Cap
$4.7B
Avg P/E
55.1
Median P/E
36.5
Avg Dividend Yield
0.01%
Avg Beta
1.25
# Stocks
166
# ETFs / Funds
0

Top Holdings (166 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 LASR 4.45% 1,857,740 $70M $37.51 $17M +65,000 +3.6%
2 VICR 3.99% 569,775 $62M $109.60 $31M -71,675 -11.2%
3 PDFS 3.58% 1,965,000 $56M $28.53 $4M -53,550 -2.6%
4 AIP 3.38% 3,411,500 $53M $15.50 $19M +86,500 +2.6%
5 VRT 2.95% 285,250 $46M $162.01 $3M +1,250 +0.4%
6 SMCI 2.58% 1,380,000 $40M $29.27 -$27M -25,000 -1.8%
7 TDUP 2.48% 6,075,000 $39M $6.39 -$15M +400,000 +7.0%
8 FORM 2.48% 694,500 $39M $55.78 $12M -45,500 -6.2%
9 NVMI 2.34% 111,750 $37M $328.39 -$623K -5,000 -4.3%
10 VSH 2.20% 2,375,000 $34M $14.49 $6M +545,650 +29.8%
11 ODC 1.99% 635,000 $31M $48.94 -$4M +61,500 +10.7%
12 GENI 1.89% 2,690,000 $30M $11.02 -$1M +210,000 +8.5%
13 LINC 1.74% 1,125,000 $27M $24.15 $7M +260,000 +30.1%
14 COHR 1.62% 137,500 $25M $184.57 $8M -28,000 -16.9%
15 VPG 1.62% 657,500 $25M $38.50 $4M
16 PLAB 1.58% 775,000 $25M $32.00 $7M +15,000 +2.0%
17 ASUR 1.55% 2,570,000 $24M $9.42 $3M +37,500 +1.5%
18 THR 1.47% 620,000 $23M $37.16 $6M -3,500 -0.6%
19 VECO 1.47% 805,000 $23M $28.58 -$2M -5,000 -0.6%
20 TTI 1.42% 2,375,000 $22M $9.37 $13M +850,000 +55.7%
21 VITL 1.40% 685,000 $22M $31.94 $378K +162,500 +31.1%
22 ARLO 1.38% 1,540,000 $22M $13.99 -$618K +232,500 +17.8%
23 UTI 1.35% 807,500 $21M $26.13 $3M +257,500 +46.8%
24 MKSI 1.33% 130,500 $21M $159.80 $5M -250 -0.2%
25 CTRI 1.29% 797,628 $20M $25.25 $7M +182,500 +29.7%
26 PSN 1.28% 324,000 $20M $61.80 -$4M +29,000 +9.8%
27 CRAI 1.27% 98,756 $20M $200.69 $738K +7,250 +7.9%
28 CECO 1.14% 298,500 $18M $59.85 $9M +123,500 +70.6%
29 BRKRP 1.10% 364,650 $17M $47.11 $4M -35,350 -8.8%
30 HII 1.10% 50,500 $17M $340.07 $1M -4,000 -7.3%
31 MTRX 1.07% 1,435,000 $17M $11.70 -$2M
32 CLH 1.03% 68,856 $16M $234.48 $2M +5,875 +9.3%
33 ENTG 1.03% 191,400 $16M $84.25 -$5M -39,600 -17.1%
34 KLAC 1.01% 13,000 $16M $1,215.08 $2M
35 NVT 1.01% 154,500 $16M $101.97 $514K
36 ATRO 0.94% 272,500 $15M $54.24 $2M
37 TMO 0.93% 25,250 $15M $579.45 $2M -1,000 -3.8%
38 LH 0.90% 56,313 $14M $250.88 -$2M
39 AKAM 0.87% 156,500 $14M $87.25 $2M +4,000 +2.6%
40 MKL 0.86% 6,225 $13M $2,149.65 $2M +450 +7.8%
41 UIS 0.85% 4,812,200 $13M $2.76 -$7M -277,800 -5.5%
42 BFAM 0.84% 129,000 $13M $101.40 $324K +11,500 +9.8%
43 TTMI 0.82% 185,250 $13M $69.00 $254K -32,250 -14.8%
44 GRC 0.79% 260,000 $12M $47.75 $3M +60,000 +30.0%
45 ASPN 0.79% 4,351,700 $12M $2.83 -$12M +912,000 +26.5%
46 WAB 0.76% 55,750 $12M $213.45 $724K
47 VSAT 0.73% 330,600 $11M $34.46 $988K -24,500 -6.9%
48 ECG 0.69% 126,500 $11M $85.56 $748K +9,000 +7.7%
49 MDU 0.68% 542,000 $11M $19.52 $1M +22,000 +4.2%
50 ECVT 0.63% 1,020,000 $10M $9.73 $1M +40,000 +4.1%
51 RSSS 0.59% 3,145,000 $9M $2.94 -$2M +45,000 +1.4%
52 SOLS 0.54% 175,000 $9M $48.58 +175,000 NEW
53 MYRG 0.54% 38,600 $8M $218.50 $633K +1,100 +2.9%
54 EQIX 0.53% 10,750 $8M $766.16 $2M +2,850 +36.1%
55 SMID 0.52% 225,000 $8M $36.34 -$52K +2,000 +0.9%
56 WTTR 0.52% 775,000 $8M $10.52 $2M +200,000 +34.8%
57 CAMT 0.51% 75,500 $8M $106.35 -$259K -3,400 -4.3%
58 MTN 0.50% 59,000 $8M $132.80 $955K +13,000 +28.3%
59 J 0.49% 58,000 $8M $132.46 $1M +16,000 +38.1%
60 TRNS 0.45% 124,370 $7M $56.73 $211K +30,870 +33.0%
61 CMCSA 0.44% 231,500 $7M $29.89 -$354K
62 HQL 0.43% 403,364 $7M $16.78 $512K
63 GILD 0.43% 55,000 $7M $122.74 $646K
64 CGNX 0.40% 173,000 $6M $35.98 -$1M +10,000 +6.1%
65 BWXT 0.40% 36,000 $6M $172.84 $2M +12,500 +53.2%
66 CMTL 0.40% 1,174,300 $6M $5.29 $2M -514,100 -30.4%
67 ASML 0.38% 5,500 $6M $1,069.86 -$70K -650 -10.6%
68 TER 0.37% 30,000 $6M $193.56 $852K -6,000 -16.7%
69 BOX 0.36% 190,000 $6M $29.91 $520K +30,000 +18.8%
70 NTIC 0.36% 713,257 $6M $7.83 $650K +73,257 +11.4%
71 HQH 0.35% 291,930 $6M $18.94 $140K
72 ROG 0.35% 60,000 $5M $91.57 $667K
73 SITM 0.35% 15,500 $5M $353.19 -$1M -6,500 -29.6%
74 HLIT 0.34% 545,000 $5M $9.89 -$718K -55,000 -9.2%
75 HON 0.34% 27,500 $5M $195.09 $629K +5,000 +22.2%
76 BSY 0.34% 140,000 $5M $38.17 $710K +50,000 +55.6%
77 MDT 0.33% 53,041 $5M $96.06 $282K +2,500 +5.0%
78 CMT 0.32% 253,350 $5M $20.05 -$127K
79 CRH.L 0.32% 40,700 $5M $124.80 $1M +7,700 +23.3%
80 AAPL 0.32% 18,450 $5M $271.86 $318K
81 KMX 0.32% 129,500 $5M $38.64 -$807K
82 TNC 0.32% 67,500 $5M $73.70 $2M +35,000 +107.7%
83 NVGS 0.32% 286,000 $5M $17.32 $523K
84 BA 0.31% 22,500 $5M $217.12 $29K
85 ESOA 0.31% 585,440 $5M $8.17 $1M +235,440 +67.3%
86 EHC 0.31% 45,000 $5M $106.14 -$940K
87 GNRC 0.30% 34,500 $5M $136.37 $3M +23,500 +213.6%
88 BMI 0.28% 25,000 $4M $174.41 $2M +10,000 +66.7%
89 LRCX 0.27% 25,000 $4M $171.18 $932K
90 MRVL 0.26% 48,250 $4M $84.98 $44K
91 CSGP 0.26% 60,500 $4M $67.24 $4M +57,250 +1761.5%
92 MASS 0.26% 770,000 $4M $5.25 $2M +548,000 +246.8%
93 SSSS 0.26% 426,594 $4M $9.44 $188K
94 EVLV 0.25% 550,000 $4M $7.16 $2M +350,000 +175.0%
95 GLW 0.23% 42,000 $4M $87.56 $232K
96 CEVA 0.22% 160,000 $3M $21.52 -$188K +22,500 +16.4%
97 COHU 0.22% 145,000 $3M $23.27 $975K +27,000 +22.9%
98 MOD 0.21% 25,000 $3M $133.51 +25,000 NEW
99 CYRX 0.21% 339,500 $3M $9.60 $344K +32,000 +10.4%
100 BDX 0.21% 16,750 $3M $194.07 $116K

New Positions

SymbolValue% Port
SOLS $9M 0.54%
MOD $3M 0.21%
LTH $3M 0.20%
Q $3M 0.17%
ACLS $2M 0.10%
NTSK $526K 0.03%
SLB $211K 0.01%

Sold Out Positions

SymbolValue% Port
CALX —%
YEXT —%
AXTI —%
NSIT —%
TENB —%
QRHC —%
PRO —%
View SEC EDGAR Filings for NEEDHAM INVESTMENT MANAGEMENT LLC →

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