Next Century Growth Investors Portfolio holdings

Next Century Growth Investors's Q1 2016 Portfolio in Review

As of Q1 2016, Next Century Growth Investors held 194 positions worth $2.12B, down 8.5% from $2.32B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Next Century Growth Investors withdrew a net $114M in Q1 2016, closing 29 positions and reducing 59 holdings. Its most notable exit was DIPLOMAT PHARMACY, INC., an estimated $41.2M position sold in full.

By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 31% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Next Century Growth Investors opened a new position in Casey's General Stores worth $44.2M.

• Next Century Growth Investors's largest Q1 2016 buy was Casey's General Stores: 389,841 shares worth $44.2M.
• Next Century Growth Investors added most to Stamps.com, Inc. in Q1 2016, an estimated $36.3M increase.
• Next Century Growth Investors's biggest Q1 2016 reduction was Akorn Inc, cutting an estimated $30.3M.
• Next Century Growth Investors fully exited DIPLOMAT PHARMACY, INC. in Q1 2016, selling an estimated $41.2M.
• Next Century Growth Investors's ten largest holdings make up 24% of its $2.12B portfolio in Q1 2016.
• Next Century Growth Investors opened 19 new positions and closed 29 in Q1 2016.
• Next Century Growth Investors's portfolio value fell 8.5% quarter-over-quarter to $2.12B.

Based on Next Century Growth Investors's 13F filing for Q1 2016, filed 13 May 2016.