Next Century Growth Investors Portfolio holdings

Next Century Growth Investors's Q1 2015 Portfolio in Review

As of Q1 2015, Next Century Growth Investors held 221 positions worth $2.85B, up 2.5% from $2.78B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Next Century Growth Investors withdrew a net $192M in Q1 2015, closing 24 positions and reducing 109 holdings. Its most notable exit was Shutterstock, an estimated $53M position sold in full.

By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 21% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Next Century Growth Investors opened a new position in Barracuda Networks, Inc. worth $23M.

• Next Century Growth Investors's largest Q1 2015 buy was Barracuda Networks, Inc.: 598,568 shares worth $23M.
• Next Century Growth Investors added most to LDR HOLDINGS CORP COM STK in Q1 2015, an estimated $26.5M increase.
• Next Century Growth Investors's biggest Q1 2015 reduction was SALIX PHARMACEUTICALS LTD DEL, cutting an estimated $37.8M.
• Next Century Growth Investors fully exited Shutterstock in Q1 2015, selling an estimated $53M.
• Next Century Growth Investors's ten largest holdings make up 22% of its $2.85B portfolio in Q1 2015.
• Next Century Growth Investors opened 34 new positions and closed 24 in Q1 2015.
• Next Century Growth Investors's portfolio value rose 2.5% quarter-over-quarter to $2.85B.

Based on Next Century Growth Investors's 13F filing for Q1 2015, filed 14 May 2015.