We are live on
!
Find out more
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
+12.83%
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
$1.44B
AUM Growth
+$68.1M
(+5%)
Cap. Flow
-$21.5M
Cap. Flow
% of AUM
-1.49%
Top 10 Holdings %
Top 10 Hldgs %
28.14%
Holding
141
New
17
Increased
49
Reduced
55
Closed
20
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Axogen
AXGN
|
+$19.7M |
| 2 |
Applied Optoelectronics
AAOI
|
+$13.9M |
| 3 |
ALM
Almonty Industries
ALM
|
+$13.6M |
| 4 |
Innodata
INOD
|
+$12.4M |
| 5 |
ADMA Biologics
ADMA
|
+$11.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Argan
AGX
|
+$17.8M |
| 2 |
Impinj
PI
|
+$15.5M |
| 3 |
AvePoint
AVPT
|
+$15.4M |
| 4 |
Planet Labs
PL
|
+$10.2M |
| 5 |
e.l.f. Beauty
ELF
|
+$10.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 27.11% |
| 2 | Technology | 26.87% |
| 3 | Industrials | 26.16% |
| 4 | Consumer Staples | 6.52% |
| 5 | Financials | 5.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
126
AvePoint
AVPT
$2.74B
| – | – |
-1,028,663
| Closed | -$15.4M |
|
127
Blend Labs
BLND
$336M
| – | – |
-1,765,108
| Closed | -$6.44M |
|
|
128
e.l.f. Beauty
ELF
$5.58B
| – | – |
-77,004
| Closed | -$10.2M |
|
129
Intapp
INTA
$3.06B
| – | – |
-59,757
| Closed | -$2.44M |
|
130
Knight Transportation
KNX
$11.1B
| – | – |
-89,330
| Closed | -$3.53M |
|
131
Kura Sushi USA
KRUS
$593M
| – | – |
-51,666
| Closed | -$3.07M |
|
132
Klaviyo
KVYO
$5.13B
| – | – |
-199,397
| Closed | -$5.52M |
|
133
Netflix
NFLX
$312B
| – | – |
-16,310
| Closed | -$1.96M |
|
134
Progressive
PGR
$124B
| – | – |
-3,954
| Closed | -$976K |
|
135
Porch Group
PRCH
$1.78B
| – | – |
-521,909
| Closed | -$8.76M |
|
136
Q2 Holdings
QTWO
$3.99B
| – | – |
-89,446
| Closed | -$6.47M |
|
137
Spotify
SPOT
$103B
| – | – |
-3,058
| Closed | -$2.13M |
|
138
Toll Brothers
TOL
$14.3B
| – | – |
-72,900
| Closed | -$10.1M |
|
139
Western Alliance Bancorporation
WAL
$8.88B
| – | – |
-74,509
| Closed | -$6.46M |
|
|
TWFG
140
TWFG Inc
TWFG
$355M
| – | – |
-143,340
| Closed | -$3.93M |
|
|
TTAN
141
ServiceTitan Inc
TTAN
$8.53B
| – | – |
-61,166
| Closed | -$6.17M |
|
Similar funds
JHU
RAM
IC
LWL
RIM
OCAM
SMC
FFM
Next Century Growth Investors's Q4 2025 Portfolio in Review
As of Q4 2025, Next Century Growth Investors held 141 positions worth $1.44B, up 5% from $1.37B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Next Century Growth Investors's Q4 2025 filing shows 17 new, 49 increased, 55 reduced and 20 closed positions. Its largest new stake was Axogen: 799,882 shares worth $26.2M. The largest sale was Argan, an estimated $17.8M.
By sector, the portfolio is most concentrated in Healthcare at 27% of assets, up from 20% a quarter earlier, followed by Technology and Industrials.
- Next Century Growth Investors's largest Q4 2025 buy was Axogen: 799,882 shares worth $26.2M.
- Next Century Growth Investors added most to Innodata in Q4 2025, an estimated $12.4M increase.
- Next Century Growth Investors's biggest Q4 2025 reduction was Impinj, cutting an estimated $15.5M.
- Next Century Growth Investors fully exited Argan in Q4 2025, selling an estimated $17.8M.
- Next Century Growth Investors's ten largest holdings make up 28% of its $1.44B portfolio in Q4 2025.
- Next Century Growth Investors opened 17 new positions and closed 20 in Q4 2025.
- Next Century Growth Investors's portfolio value rose 5% quarter-over-quarter to $1.44B.
Based on Next Century Growth Investors's 13F filing for Q4 2025, filed 13 Feb 2026.