Next Century Growth Investors Portfolio holdings

Next Century Growth Investors's Q2 2014 Portfolio in Review

As of Q2 2014, Next Century Growth Investors held 207 positions worth $3.12B, down 7.3% from $3.37B the previous quarter. Its ten largest holdings account for 21% of the portfolio.

Next Century Growth Investors withdrew a net $158M in Q2 2014, closing 27 positions and reducing 67 holdings. Its most notable exit was Imperva, Inc., an estimated $42.7M position sold in full.

By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 26% a quarter earlier, followed by Industrials and Healthcare.

Against the trend, Next Century Growth Investors opened a new position in Trex worth $21.7M.

• Next Century Growth Investors's largest Q2 2014 buy was Trex: 3,008,684 shares worth $21.7M.
• Next Century Growth Investors added most to Apogee Enterprises in Q2 2014, an estimated $21.4M increase.
• Next Century Growth Investors's biggest Q2 2014 reduction was PRA Group, cutting an estimated $48.7M.
• Next Century Growth Investors fully exited Imperva, Inc. in Q2 2014, selling an estimated $42.7M.
• Next Century Growth Investors's ten largest holdings make up 21% of its $3.12B portfolio in Q2 2014.
• Next Century Growth Investors opened 22 new positions and closed 27 in Q2 2014.
• Next Century Growth Investors's portfolio value fell 7.3% quarter-over-quarter to $3.12B.

Based on Next Century Growth Investors's 13F filing for Q2 2014, filed 14 Aug 2014.