Next Century Growth Investors Portfolio holdings

Next Century Growth Investors's Q3 2020 Portfolio in Review

As of Q3 2020, Next Century Growth Investors held 133 positions worth $961M, up 9.4% from $879M the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Next Century Growth Investors withdrew a net $94.8M in Q3 2020, closing 5 positions and reducing 87 holdings. Its most notable exit was Tactile Systems Technology, an estimated $14.5M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 37% of assets, up from 33% a quarter earlier, followed by Technology and Industrials.

Against the trend, Next Century Growth Investors opened a new position in Trean Insurance Group, Inc. Common Stock worth $6.91M.

• Next Century Growth Investors's largest Q3 2020 buy was Trean Insurance Group, Inc. Common Stock: 453,264 shares worth $6.91M.
• Next Century Growth Investors added most to Veracyte in Q3 2020, an estimated $11.5M increase.
• Next Century Growth Investors's biggest Q3 2020 reduction was Goosehead Insurance, cutting an estimated $19.5M.
• Next Century Growth Investors fully exited Tactile Systems Technology in Q3 2020, selling an estimated $14.5M.
• Next Century Growth Investors's ten largest holdings make up 26% of its $961M portfolio in Q3 2020.
• Next Century Growth Investors opened 11 new positions and closed 5 in Q3 2020.
• Next Century Growth Investors's portfolio value rose 9.4% quarter-over-quarter to $961M.

Based on Next Century Growth Investors's 13F filing for Q3 2020, filed 13 Nov 2020.