Next Century Growth Investors Portfolio holdings

Next Century Growth Investors's Q4 2016 Portfolio in Review

As of Q4 2016, Next Century Growth Investors held 196 positions worth $1.63B, down 25% from $2.18B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Next Century Growth Investors withdrew a net $542M in Q4 2016, closing 49 positions and reducing 97 holdings. Its most notable exit was Tyler Technologies, an estimated $28.7M position sold in full.

By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 35% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Next Century Growth Investors opened a new position in Summit Materials, Inc. Class A Common Stock worth $21.2M.

• Next Century Growth Investors's largest Q4 2016 buy was Summit Materials, Inc. Class A Common Stock: 917,074 shares worth $21.2M.
• Next Century Growth Investors added most to Quotient Technology Inc in Q4 2016, an estimated $15.2M increase.
• Next Century Growth Investors's biggest Q4 2016 reduction was Ellie Mae Inc, cutting an estimated $35.4M.
• Next Century Growth Investors fully exited Tyler Technologies in Q4 2016, selling an estimated $28.7M.
• Next Century Growth Investors's ten largest holdings make up 24% of its $1.63B portfolio in Q4 2016.
• Next Century Growth Investors opened 16 new positions and closed 49 in Q4 2016.
• Next Century Growth Investors's portfolio value fell 25% quarter-over-quarter to $1.63B.

Based on Next Century Growth Investors's 13F filing for Q4 2016, filed 14 Feb 2017.