Next Century Growth Investors Portfolio holdings

Next Century Growth Investors's Q3 2016 Portfolio in Review

As of Q3 2016, Next Century Growth Investors held 211 positions worth $2.18B, up 1.5% from $2.15B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Next Century Growth Investors withdrew a net $123M in Q3 2016, closing 31 positions and reducing 111 holdings. Its most notable exit was Adeptus Health Inc, an estimated $37.2M position sold in full.

By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 29% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Next Century Growth Investors opened a new position in Horizon Therapeutics Public Limited Company Ordinary Shares worth $24.7M.

• Next Century Growth Investors's largest Q3 2016 buy was Horizon Therapeutics Public Limited Company Ordinary Shares: 1,363,845 shares worth $24.7M.
• Next Century Growth Investors added most to Shopify in Q3 2016, an estimated $37.9M increase.
• Next Century Growth Investors's biggest Q3 2016 reduction was Casey's General Stores, cutting an estimated $31.9M.
• Next Century Growth Investors fully exited Adeptus Health Inc in Q3 2016, selling an estimated $37.2M.
• Next Century Growth Investors's ten largest holdings make up 23% of its $2.18B portfolio in Q3 2016.
• Next Century Growth Investors opened 33 new positions and closed 31 in Q3 2016.
• Next Century Growth Investors's portfolio value rose 1.5% quarter-over-quarter to $2.18B.

Based on Next Century Growth Investors's 13F filing for Q3 2016, filed 14 Nov 2016.