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
+25.22%
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
$1.37B
AUM Growth
+$77.5M
Cap. Flow
-$62.3M
Cap. Flow %
-4.54%
Top 10 Hldgs %
28.12%
Holding
157
New
34
Increased
59
Reduced
31
Closed
33

Top Buys

Rank Stock Value
1
PGY icon
Pagaya Technologies
PGY
+$21.3M
2
PI icon
Impinj
PI
+$16.5M
3
PL icon
Planet Labs
PL
+$13.7M
4
MP icon
MP Materials
MP
+$12.8M
5
MIRM icon
Mirum Pharmaceuticals
MIRM
+$10.8M

Top Sells

Rank Stock Value
1
PAR icon
PAR Technology
PAR
+$29M
2
VCEL icon
Vericel Corp
VCEL
+$28.5M
3
CDNA icon
CareDx
CDNA
+$22M
4
STRL icon
Sterling Infrastructure
STRL
+$17.3M
5
EXLS icon
EXL Service
EXLS
+$16.5M

Sector Composition

Rank Sector Weight
1 Industrials 29.67%
2 Technology 28.26%
3 Healthcare 19.56%
4 Consumer Staples 8.43%
5 Financials 6.13%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VCEL icon
151
Vericel Corp
VCEL
$2.27B
– –
-668,649
Closed -$28.5M
VCYT icon
152
Veracyte
VCYT
$3.73B
– –
-242,774
Closed -$6.56M
VERX icon
153
Vertex
VERX
$1.98B
– –
-331,383
Closed -$11.7M
WEAV icon
154
Weave Communications
WEAV
$402M
– –
-229,306
Closed -$1.91M
PAL
155
Proficient Auto Logistics
PAL
$142M
– –
-222,465
Closed -$1.62M
BOW
156
Bowhead Specialty Holdings
BOW
$1.1B
– –
-153,411
Closed -$5.76M
CBLL
157
CeriBell Inc
CBLL
$809M
– –
-199,082
Closed -$3.73M
3 4 5 6
7

Similar funds

JHU
Johns Hopkins University Baltimore, Maryland $1.38B AUM 9.48% 1-Year Est. Return
IC
Impactive Capital New York City, New York $1.38B AUM 1.92% 1-Year Est. Return
LWL
Leo Wealth LLC Hurst, Texas $1.38B AUM 17.29% 1-Year Est. Return
RIM
Ranger Investment Management Dallas, Texas $1.38B AUM 24.55% 1-Year Est. Return
OCAM
Owl Creek Asset Management New York $1.38B AUM 59.67% 1-Year Est. Return
SMC
Smith, Moore & Co Clayton, Missouri $1.37B AUM 20.02% 1-Year Est. Return
FFM
Fairmount Funds Management West Conshohocken, Pennsylvania $1.38B AUM 407.79% 1-Year Est. Return
MM
Main Management San Francisco, California $1.37B AUM 19.06% 1-Year Est. Return

Next Century Growth Investors's Q3 2025 Portfolio in Review

As of Q3 2025, Next Century Growth Investors held 157 positions worth $1.37B, up 6% from $1.29B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Next Century Growth Investors withdrew a net $62.3M in Q3 2025, closing 33 positions and reducing 31 holdings. Its most notable exit was PAR Technology, an estimated $29M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 30% of assets, up from 24% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Next Century Growth Investors opened a new position in Pagaya Technologies worth $19.6M.

  • Next Century Growth Investors's largest Q3 2025 buy was Pagaya Technologies: 660,608 shares worth $19.6M.
  • Next Century Growth Investors added most to Mirum Pharmaceuticals in Q3 2025, an estimated $10.8M increase.
  • Next Century Growth Investors's biggest Q3 2025 reduction was Sterling Infrastructure, cutting an estimated $17.3M.
  • Next Century Growth Investors fully exited PAR Technology in Q3 2025, selling an estimated $29M.
  • Next Century Growth Investors's ten largest holdings make up 28% of its $1.37B portfolio in Q3 2025.
  • Next Century Growth Investors opened 34 new positions and closed 33 in Q3 2025.
  • Next Century Growth Investors's portfolio value rose 6% quarter-over-quarter to $1.37B.

Based on Next Century Growth Investors's 13F filing for Q3 2025, filed 14 Nov 2025.