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NCGI
Next Century Growth Investors Portfolio holdings
AUM
$1.38B
1-Year Est. Return
102.34%
This Fund
S&P 500
This Quarter
Est. Return
+25.22%
1 Year Est. Return
+102.34%
3 Year Est. Return
+305.75%
5 Year Est. Return
+498.06%
10 Year Est. Return
+7,120.12%
AUM
$1.37B
AUM Growth
+$77.5M
(+6%)
Cap. Flow
-$62.3M
Cap. Flow
% of AUM
-4.54%
Top 10 Holdings %
Top 10 Hldgs %
28.12%
Holding
157
New
34
Increased
59
Reduced
31
Closed
33
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pagaya Technologies
PGY
|
+$21.3M |
| 2 |
Impinj
PI
|
+$16.5M |
| 3 |
Planet Labs
PL
|
+$13.7M |
| 4 |
MP Materials
MP
|
+$12.8M |
| 5 |
Mirum Pharmaceuticals
MIRM
|
+$10.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PAR Technology
PAR
|
+$29M |
| 2 |
Vericel Corp
VCEL
|
+$28.5M |
| 3 |
CareDx
CDNA
|
+$22M |
| 4 |
Sterling Infrastructure
STRL
|
+$17.3M |
| 5 |
EXL Service
EXLS
|
+$16.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 29.67% |
| 2 | Technology | 28.26% |
| 3 | Healthcare | 19.56% |
| 4 | Consumer Staples | 8.43% |
| 5 | Financials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
TeraWulf
WULF
$8.08B
| $8.82M | 0.64% |
+772,158
| New | +$5.9M |
|
52
Agilysys
AGYS
$3.02B
| $8.77M | 0.64% |
83,321
-24,509
| -23% | -$2.71M |
|
53
Porch Group
PRCH
$1.75B
| $8.76M | 0.64% |
+521,909
| New | +$8.01M |
|
54
Coastal Financial
CCB
$743M
| $8.38M | 0.61% |
+77,493
| New | +$8.21M |
|
55
Aehr Test Systems
AEHR
$3.46B
| $8.32M | 0.61% |
+276,346
| New | +$5.98M |
|
56
Meta Platforms (Facebook)
META
$1.52T
| $8.02M | 0.59% |
10,927
+4,864
| +80% | +$3.62M |
|
57
Adaptive Biotechnologies
ADPT
$4.05B
| $7.95M | 0.58% |
+531,317
| New | +$6.47M |
|
58
AeroVironment
AVAV
$9.57B
| $7.82M | 0.57% |
+24,840
| New | +$6.43M |
|
59
American Superconductor
AMSC
$1.5B
| $7.61M | 0.56% |
+128,220
| New | +$6.41M |
|
60
Zeta Global
ZETA
$6.91B
| $7.43M | 0.54% |
+374,047
| New | +$6.72M |
|
61
Global E Online
GLBE
$6.91B
| $7.09M | 0.52% |
198,256
+31,084
| +19% | +$1.06M |
|
|
NTSK
62
Netskope Inc
NTSK
$6.33B
| $7.03M | 0.51% |
+309,082
| New | +$7.35M |
|
63
Boeing
BA
$184B
| $6.96M | 0.51% |
32,251
+200
| +0.6% | +$45.1K |
|
64
BioLife Solutions
BLFS
$1.69B
| $6.73M | 0.49% |
264,005
+35,215
| +15% | +$835K |
|
|
SARO
65
StandardAero Inc
SARO
$9.37B
| $6.67M | 0.49% |
244,591
-34,036
| -12% | -$955K |
|
66
Centrus Energy
LEU
$3.78B
| $6.64M | 0.48% |
+21,425
| New | +$4.74M |
|
67
Q2 Holdings
QTWO
$3.96B
| $6.47M | 0.47% |
89,446
-145,958
| -62% | -$12M |
|
68
Western Alliance Bancorporation
WAL
$8.78B
| $6.46M | 0.47% |
74,509
-5,616
| -7% | -$476K |
|
69
Blend Labs
BLND
$357M
| $6.44M | 0.47% |
1,765,108
+268,049
| +18% | +$962K |
|
70
Howmet Aerospace
HWM
$113B
| $6.32M | 0.46% |
32,188
-924
| -3% | -$168K |
|
71
Goldman Sachs
GS
$301B
| $6.18M | 0.45% |
7,763
-1,587
| -17% | -$1.18M |
|
|
TTAN
72
ServiceTitan Inc
TTAN
$8.29B
| $6.17M | 0.45% |
61,166
+2,599
| +4% | +$285K |
|
73
Transmedics
TMDX
$3.07B
| $6.1M | 0.44% |
54,350
-65,406
| -55% | -$7.66M |
|
74
Bridgewater Bancshares
BWB
$598M
| $5.99M | 0.44% |
340,347
+53,606
| +19% | +$876K |
|
75
Applovin
APP
$113B
| $5.9M | 0.43% |
8,217
-103
| -1% | -$47.5K |
|
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Next Century Growth Investors's Q3 2025 Portfolio in Review
As of Q3 2025, Next Century Growth Investors held 157 positions worth $1.37B, up 6% from $1.29B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Next Century Growth Investors withdrew a net $62.3M in Q3 2025, closing 33 positions and reducing 31 holdings. Its most notable exit was PAR Technology, an estimated $29M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 30% of assets, up from 24% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Next Century Growth Investors opened a new position in Pagaya Technologies worth $19.6M.
- Next Century Growth Investors's largest Q3 2025 buy was Pagaya Technologies: 660,608 shares worth $19.6M.
- Next Century Growth Investors added most to Mirum Pharmaceuticals in Q3 2025, an estimated $10.8M increase.
- Next Century Growth Investors's biggest Q3 2025 reduction was Sterling Infrastructure, cutting an estimated $17.3M.
- Next Century Growth Investors fully exited PAR Technology in Q3 2025, selling an estimated $29M.
- Next Century Growth Investors's ten largest holdings make up 28% of its $1.37B portfolio in Q3 2025.
- Next Century Growth Investors opened 34 new positions and closed 33 in Q3 2025.
- Next Century Growth Investors's portfolio value rose 6% quarter-over-quarter to $1.37B.
Based on Next Century Growth Investors's 13F filing for Q3 2025, filed 14 Nov 2025.