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NIM

Needham Investment Management Portfolio holdings

AUM $1.96B
1-Year Est. Return 101.23%
This Fund
S&P 500
This Quarter Est. Return
+20.88%
1 Year Est. Return
+101.23%
3 Year Est. Return
+267.12%
5 Year Est. Return
+252.76%
10 Year Est. Return
+1,102.05%
AUM
$607M
AUM Growth
+$27.1M
Cap. Flow
-$30.6M
Cap. Flow %
-5.04%
Top 10 Hldgs %
39.77%
Holding
127
New
6
Increased
29
Reduced
33
Closed
7

Top Buys

Rank Stock Value
1
ADTN icon
Adtran
ADTN
+$4.36M
2
NEWR
New Relic, Inc.
NEWR
+$4.33M
3
AYX
Alteryx Inc
AYX
+$2.39M
4
VICR icon
Vicor
VICR
+$2.32M
5
INFN
Infinera Corporation Common Stock
INFN
+$2.1M

Top Sells

Rank Stock Value
1
YEXT icon
Yext
YEXT
+$5.77M
2
PLAB icon
Photronics
PLAB
+$5.76M
3
SMCI icon
Super Micro Computer
SMCI
+$5.28M
4
LASR icon
nLIGHT
LASR
+$5.01M
5
ZUO
Zuora, Inc.
ZUO
+$4.85M

Sector Composition

Rank Sector Weight
1 Technology 63.09%
2 Industrials 11.76%
3 Healthcare 10.04%
4 Communication Services 5.73%
5 Consumer Discretionary 2.37%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
YEXT icon
126
Yext
YEXT
$574M
– –
-600,000
Closed -$5.77M
TECX
127
Tectonic Therapeutic
TECX
$606M
– –
-2,500
Closed -$30K
2 3 4 5
6

Similar funds

HA
Heartland Advisors Milwaukee, Wisconsin $1.96B AUM 28.26% 1-Year Est. Return
FC
Finepoint Capital Boston, Massachusetts $1.95B AUM 45.61% 1-Year Est. Return
TCM
Tang Capital Management San Diego, California $1.97B AUM 125.1% 1-Year Est. Return
BC
Blackhill Capital Morristown, New Jersey $1.94B AUM 18.09% 1-Year Est. Return
FFH
Fairfax Financial Holdings Toronto, Ontario, Canada $1.94B AUM 27.76% 1-Year Est. Return
OCM
Osterweis Capital Management San Francisco, California $1.94B AUM 20.77% 1-Year Est. Return
AAA
Affinity Asset Advisors New York $1.94B AUM 374.45% 1-Year Est. Return
HCL
Heard Capital LLC Chicago, Illinois $1.93B AUM 21.66% 1-Year Est. Return

Needham Investment Management's Q2 2023 Portfolio in Review

As of Q2 2023, Needham Investment Management held 127 positions worth $607M, up 4.7% from $580M the previous quarter. Its ten largest holdings account for 40% of the portfolio.

Needham Investment Management withdrew a net $30.6M in Q2 2023, closing 7 positions and reducing 33 holdings. Its most notable exit was Yext, an estimated $5.77M position sold in full.

By sector, the portfolio is most concentrated in Technology at 63% of assets, up from 60% a quarter earlier, followed by Industrials and Healthcare.

Against the trend, Needham Investment Management opened a new position in New Relic, Inc. worth $3.93M.

  • Needham Investment Management's largest Q2 2023 buy was New Relic, Inc.: 60,000 shares worth $3.93M.
  • Needham Investment Management added most to Adtran in Q2 2023, an estimated $4.36M increase.
  • Needham Investment Management's biggest Q2 2023 reduction was Photronics, cutting an estimated $5.76M.
  • Needham Investment Management fully exited Yext in Q2 2023, selling an estimated $5.77M.
  • Needham Investment Management's ten largest holdings make up 40% of its $607M portfolio in Q2 2023.
  • Needham Investment Management opened 6 new positions and closed 7 in Q2 2023.
  • Needham Investment Management's portfolio value rose 4.7% quarter-over-quarter to $607M.

Based on Needham Investment Management's 13F filing for Q2 2023, filed 14 Aug 2023.