Next Century Growth Investors Portfolio holdings

Next Century Growth Investors's Q3 2017 Portfolio in Review

As of Q3 2017, Next Century Growth Investors held 167 positions worth $834M, down 20% from $1.04B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Next Century Growth Investors withdrew a net $287M in Q3 2017, closing 21 positions and reducing 111 holdings. Its most notable exit was Wingstop, an estimated $18.1M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 24% of assets, up from 23% a quarter earlier, followed by Industrials and Technology.

Against the trend, Next Century Growth Investors opened a new position in Knight Transportation worth $15M.

• Next Century Growth Investors's largest Q3 2017 buy was Knight Transportation: 361,941 shares worth $15M.
• Next Century Growth Investors added most to Chegg in Q3 2017, an estimated $7.61M increase.
• Next Century Growth Investors's biggest Q3 2017 reduction was Dycom Industries, cutting an estimated $8.9M.
• Next Century Growth Investors fully exited Wingstop in Q3 2017, selling an estimated $18.1M.
• Next Century Growth Investors's ten largest holdings make up 24% of its $834M portfolio in Q3 2017.
• Next Century Growth Investors opened 14 new positions and closed 21 in Q3 2017.
• Next Century Growth Investors's portfolio value fell 20% quarter-over-quarter to $834M.

Based on Next Century Growth Investors's 13F filing for Q3 2017, filed 14 Nov 2017.