Next Century Growth Investors Portfolio holdings

Next Century Growth Investors's Q1 2017 Portfolio in Review

As of Q1 2017, Next Century Growth Investors held 168 positions worth $1.18B, down 28% from $1.63B the previous quarter. Its ten largest holdings account for 21% of the portfolio.

Next Century Growth Investors withdrew a net $607M in Q1 2017, closing 21 positions and reducing 108 holdings. Its most notable exit was Five Below, an estimated $24.1M position sold in full.

By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Next Century Growth Investors opened a new position in Ameris Bancorp worth $14.6M.

• Next Century Growth Investors's largest Q1 2017 buy was Ameris Bancorp: 315,681 shares worth $14.6M.
• Next Century Growth Investors added most to K2M Group Holdings, Inc in Q1 2017, an estimated $6.53M increase.
• Next Century Growth Investors's biggest Q1 2017 reduction was Shopify, cutting an estimated $40.5M.
• Next Century Growth Investors fully exited Five Below in Q1 2017, selling an estimated $24.1M.
• Next Century Growth Investors's ten largest holdings make up 21% of its $1.18B portfolio in Q1 2017.
• Next Century Growth Investors opened 21 new positions and closed 21 in Q1 2017.
• Next Century Growth Investors's portfolio value fell 28% quarter-over-quarter to $1.18B.

Based on Next Century Growth Investors's 13F filing for Q1 2017, filed 12 May 2017.