Next Century Growth Investors Portfolio holdings

Next Century Growth Investors's Q2 2016 Portfolio in Review

As of Q2 2016, Next Century Growth Investors held 195 positions worth $2.15B, up 1.2% from $2.12B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Next Century Growth Investors withdrew a net $82.9M in Q2 2016, closing 17 positions and reducing 97 holdings. Its most notable exit was Molina Healthcare, an estimated $42.6M position sold in full.

By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 28% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Next Century Growth Investors opened a new position in Mandiant, Inc. Common Stock worth $26M.

• Next Century Growth Investors's largest Q2 2016 buy was Mandiant, Inc. Common Stock: 1,581,448 shares worth $26M.
• Next Century Growth Investors added most to U S Concrete, Inc. in Q2 2016, an estimated $21.5M increase.
• Next Century Growth Investors's biggest Q2 2016 reduction was G-III Apparel Group, cutting an estimated $23.9M.
• Next Century Growth Investors fully exited Molina Healthcare in Q2 2016, selling an estimated $42.6M.
• Next Century Growth Investors's ten largest holdings make up 24% of its $2.15B portfolio in Q2 2016.
• Next Century Growth Investors opened 30 new positions and closed 17 in Q2 2016.
• Next Century Growth Investors's portfolio value rose 1.2% quarter-over-quarter to $2.15B.

Based on Next Century Growth Investors's 13F filing for Q2 2016, filed 12 Aug 2016.