Next Century Growth Investors Portfolio holdings

Next Century Growth Investors's Q3 2019 Portfolio in Review

As of Q3 2019, Next Century Growth Investors held 143 positions worth $621M, down 23% from $803M the previous quarter. Its ten largest holdings account for 27% of the portfolio.

Next Century Growth Investors withdrew a net $154M in Q3 2019, closing 18 positions and reducing 62 holdings. Its most notable exit was Planet Fitness, an estimated $15.3M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 31% of assets, down from 32% a quarter earlier, followed by Technology and Financials.

Against the trend, Next Century Growth Investors opened a new position in Tandem Diabetes Care worth $3.99M.

• Next Century Growth Investors's largest Q3 2019 buy was Tandem Diabetes Care: 67,595 shares worth $3.99M.
• Next Century Growth Investors added most to Alphatec Holdings in Q3 2019, an estimated $6.97M increase.
• Next Century Growth Investors's biggest Q3 2019 reduction was Kinsale Capital Group, cutting an estimated $12.1M.
• Next Century Growth Investors fully exited Planet Fitness in Q3 2019, selling an estimated $15.3M.
• Next Century Growth Investors's ten largest holdings make up 27% of its $621M portfolio in Q3 2019.
• Next Century Growth Investors opened 12 new positions and closed 18 in Q3 2019.
• Next Century Growth Investors's portfolio value fell 23% quarter-over-quarter to $621M.

Based on Next Century Growth Investors's 13F filing for Q3 2019, filed 14 Nov 2019.