We are live on ! Find out more
BCM

Brown Capital Management Portfolio holdings

AUM $500M
1-Year Est. Return 25.3%
This Fund
S&P 500
This Quarter Est. Return
+3.75%
1 Year Est. Return
+25.3%
3 Year Est. Return
+79.24%
5 Year Est. Return
+57.49%
10 Year Est. Return
+614.96%
AUM
$2.43B
AUM Growth
-$1.01B
Cap. Flow
-$1.01B
Cap. Flow %
-41.55%
Top 10 Hldgs %
43.95%
Holding
87
New
4
Increased
4
Reduced
46
Closed
33

Top Buys

Rank Stock Value
1
CORT icon
Corcept Therapeutics
CORT
+$17.4M
2
AXGN icon
Axogen
AXGN
+$9.35M
3
INTA icon
Intapp
INTA
+$9.24M
4
BMI icon
Badger Meter
BMI
+$9.06M
5
GLBE icon
Global E Online
GLBE
+$7.38M

Top Sells

Rank Stock Value
1
ANSS
Ansys
ANSS
+$99.8M
2
CYBR
CyberArk
CYBR
+$80.1M
3
APPF icon
AppFolio
APPF
+$64M
4
OLO
Olo Inc
OLO
+$58.4M
5
DDOG icon
Datadog
DDOG
+$58M

Sector Composition

Rank Sector Weight
1 Technology 60.67%
2 Healthcare 23.83%
3 Consumer Discretionary 8.61%
4 Industrials 5.66%
5 Communication Services 0.93%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BMI icon
26
Badger Meter
BMI
$4.04B
$37.5M 1.54%
209,744
+46,066
+28% +$9.06M
TMDX icon
27
Transmedics
TMDX
$2.64B
$35.2M 1.45%
313,855
-137,516
-30% -$16.1M
UFPT icon
28
UFP Technologies
UFPT
$2.49B
$33.6M 1.38%
168,109
-2,702
-2% -$594K
VERX icon
29
Vertex
VERX
$1.91B
$32.3M 1.33%
1,302,663
-125,731
-9% -$3.64M
ICLR icon
30
Icon
ICLR
$12.6B
$29.8M 1.23%
170,341
-9,182
-5% -$1.54M
DUOL icon
31
Duolingo
DUOL
$6.3B
$25.7M 1.06%
79,702
+512
+0.6% +$171K
CYRX icon
32
CryoPort
CYRX
$769M
$24.9M 1.02%
2,621,844
-1,177,118
-31% -$9.91M
ERII icon
33
Energy Recovery
ERII
$457M
$24.7M 1.02%
1,602,982
-876,312
-35% -$12.4M
SPSC icon
34
SPS Commerce
SPSC
$2.61B
$22.7M 0.93%
217,514
-43,781
-17% -$5.21M
DV icon
35
DoubleVerify
DV
$1.84B
$21.8M 0.9%
1,821,754
-305,583
-14% -$4.53M
INSP icon
36
Inspire Medical Systems
INSP
$1.73B
$20.6M 0.85%
278,040
-89,401
-24% -$9.05M
KIDS icon
37
OrthoPediatrics
KIDS
$573M
$20M 0.83%
1,081,220
-475,484
-31% -$9.79M
CORT icon
38
Corcept Therapeutics
CORT
$12B
$20M 0.82%
+240,047
New +$17.4M
RDVT icon
39
Red Violet
RDVT
$963M
$19.7M 0.81%
377,513
-91,827
-20% -$4.35M
MNDY icon
40
monday.com
MNDY
$3.87B
$18.7M 0.77%
96,532
-5,484
-5% -$1.26M
CTKB icon
41
Cytek Biosciences
CTKB
$540M
$17.2M 0.71%
4,958,016
-2,151,979
-30% -$8.08M
TEAM icon
42
Atlassian
TEAM
$28.8B
$16.4M 0.68%
102,777
-5,980
-5% -$1.08M
CHKP icon
43
Check Point Software Technologies
CHKP
$12.8B
$13M 0.54%
62,853
-3,348
-5% -$675K
AXGN icon
44
Axogen
AXGN
$2.43B
$11.5M 0.47%
+644,623
New +$9.35M
INTA icon
45
Intapp
INTA
$2.85B
$8.74M 0.36%
+213,715
New +$9.24M
PRO
46
DELISTED
PROS Holdings
PRO
$7.44M 0.31%
324,885
-202,600
-38% -$3.29M
MAMA icon
47
Mama's Creations
MAMA
$849M
$7.33M 0.3%
+697,627
New +$6.32M
RXST icon
48
RxSight
RXST
$260M
$6.93M 0.29%
771,180
-348,060
-31% -$3.05M
TNDM icon
49
Tandem Diabetes Care
TNDM
$1.34B
$4.41M 0.18%
363,352
-187,855
-34% -$2.54M
AAPL icon
50
Apple
AAPL
$4.54T
$465K 0.02%
1,825
-9,692
-84% -$2.19M
1
2
3 4

Similar funds

H2CM
H/2 Credit Manager Stamford, Connecticut $500M AUM 24.68% 1-Year Est. Return
CWM
Centric Wealth Management Chicago, Illinois $501M AUM 15.27% 1-Year Est. Return
MIP
Marietta Investment Partners Milwaukee, Wisconsin $499M AUM 41.06% 1-Year Est. Return
AGP
Artia Global Partners Miami, Florida $499M AUM 186.05% 1-Year Est. Return
DAC
Dividend Assets Capital Ridgeland, South Carolina $501M AUM 13.71% 1-Year Est. Return
AA
Auxano Advisors Bellevue, Washington $501M AUM 24.15% 1-Year Est. Return
MCCP
Mission Creek Capital Partners San Francisco, California $501M AUM 28.4% 1-Year Est. Return
HCI
Harraden Circle Investments New York $499M AUM 24.03% 1-Year Est. Return

Brown Capital Management's Q3 2025 Portfolio in Review

As of Q3 2025, Brown Capital Management held 87 positions worth $2.43B, down 29% from $3.44B the previous quarter. Its ten largest holdings account for 44% of the portfolio.

Brown Capital Management withdrew a net $1.01B in Q3 2025, closing 33 positions and reducing 46 holdings. Its most notable exit was Ansys, an estimated $99.8M position sold in full.

By sector, the portfolio is most concentrated in Technology at 61% of assets, down from 63% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Brown Capital Management opened a new position in Corcept Therapeutics worth $20M.

  • Brown Capital Management's largest Q3 2025 buy was Corcept Therapeutics: 240,047 shares worth $20M.
  • Brown Capital Management added most to Badger Meter in Q3 2025, an estimated $9.06M increase.
  • Brown Capital Management's biggest Q3 2025 reduction was CyberArk, cutting an estimated $80.1M.
  • Brown Capital Management fully exited Ansys in Q3 2025, selling an estimated $99.8M.
  • Brown Capital Management's ten largest holdings make up 44% of its $2.43B portfolio in Q3 2025.
  • Brown Capital Management opened 4 new positions and closed 33 in Q3 2025.
  • Brown Capital Management's portfolio value fell 29% quarter-over-quarter to $2.43B.

Based on Brown Capital Management's 13F filing for Q3 2025, filed 4 Nov 2025.