NEXT CENTURY GROWTH INVESTORS LLC
Long book
$1.38B
Q1 2026
Positions
112
Top-10 weight
27%
concentration
Last quarter
+33.1%
SPY +14.8%
Turnover
35%
of book per quarter
Strategy in plain words
auto-generated from filingsNEXT CENTURY GROWTH INVESTORS LLC is an institutional manager, running a $1.38B US long book across 112 positions.
The portfolio is moderately concentrated (top 10 ≈ 27% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ASTRONICS CORP, LINCOLN EDUCATIONAL SERVICES, ALIGNMENT HEALTHCARE INC, ARTIVION INC, MYR GROUP INC/DELAWARE.
Over the last 9 quarters its long book ran on average 1.3pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-0.2%
Q2 2024
+3.5%
Q3 2024
+8.6%
Q4 2024
-14.9%
Q1 2025
+16.4%
Q2 2025
+3.1%
Q3 2025
+4.9%
Q4 2025
-2.6%
Q1 2026
+33.1%
Sector allocation
Technology 28%
Industrials 25%
Healthcare 19%
Services media 13%
Financials 5%
Consumer discretionary 4%
Consumer staples 3%
Materials 3%
Long book by quarter
What does NEXT CENTURY own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ATRO ASTRONICS CORP | Industrials | 786.3K | $52.5M | 3.8% | -26.3% |
| LINC LINCOLN EDUCATIONAL SERVICES | Services media | 1.0M | $42.3M | 3.1% | +31.5% |
| ALHC ALIGNMENT HEALTHCARE INC | Financials | 2.3M | $39.9M | 2.9% | -2.0% |
| AORT ARTIVION INC | Healthcare | 1.0M | $37.5M | 2.7% | -2.0% |
| MYRG MYR GROUP INC/DELAWARE | Industrials | 129.6K | $36.6M | 2.7% | -2.2% |
| MIRM MIRUM PHARMACEUTICALS INC | Healthcare | 385.5K | $35.6M | 2.6% | +4.8% |
| UTI UNIVERSAL TECHNICAL INSTITUT | Services media | 955.1K | $34.5M | 2.5% | -15.0% |
| XMTR XOMETRY INC-A | Services media | 787.4K | $32.2M | 2.3% | -2.0% |
| PAY PAYMENTUS HOLDINGS INC-A | Services media | 1.2M | $29.4M | 2.1% | -2.0% |
| MTSI MACOM TECHNOLOGY SOLUTIONS H | Technology | 130.3K | $28.9M | 2.1% | +3.8% |
| AXGN AXOGEN INC | Healthcare | 866.0K | $28.7M | 2.1% | +8.3% |
| AEHR AEHR TEST SYSTEMS | Technology | 754.7K | $28.0M | 2.0% | +36.6% |
| STRL STERLING INFRASTRUCTURE INC | Industrials | 67.4K | $27.5M | 2.0% | -17.7% |
| AAOI APPLIED OPTOELECTRONICS INC | Technology | 320.7K | $27.1M | 2.0% | -31.1% |
| MAMA MAMA'S CREATIONS INC | Consumer staples | 1.7M | $26.8M | 1.9% | +3.2% |
| ALM ALMONTY INDUSTRIES INC | Materials | 1.8M | $26.3M | 1.9% | -1.9% |
| COHR COHERENT CORP | Other | 110.0K | $26.2M | 1.9% | +10.5% |
| LSCC LATTICE SEMICONDUCTOR CORP | Technology | 279.6K | $25.9M | 1.9% | -10.1% |
| ATEC ALPHATEC HOLDINGS INC | Healthcare | 2.4M | $25.8M | 1.9% | -2.0% |
| FTAI FTAI AVIATION LTD | Services media | 98.2K | $24.1M | 1.7% | -16.7% |
| GLBE GLOBAL-E ONLINE LTD | Technology | 762.3K | $23.5M | 1.7% | +177.5% |
| CRS CARPENTER TECHNOLOGY | Industrials | 57.2K | $22.5M | 1.6% | -2.3% |
| RBC RBC BEARINGS INC | Industrials | 39.5K | $21.5M | 1.6% | +7.4% |
| IRTC IRHYTHM HOLDINGS INC | Healthcare | 169.3K | $20.0M | 1.4% | -2.0% |
| AAPL APPLE INC | Technology | 78.1K | $19.8M | 1.4% | -1.7% |
| NVDA NVIDIA CORP | Technology | 113.2K | $19.7M | 1.4% | -8.8% |
| LGND LIGAND PHARMACEUTICALS | Healthcare | 95.9K | $19.1M | 1.4% | New |
| PKE PARK AEROSPACE CORP | Industrials | 672.2K | $18.4M | 1.3% | +27.8% |
| UCTT ULTRA CLEAN HOLDINGS INC | Technology | 280.5K | $17.4M | 1.3% | New |
| SITM SITIME CORP | Technology | 50.0K | $17.3M | 1.3% | +27.5% |
| BROS DUTCH BROS INC-CLASS A | Consumer discretionary | 332.8K | $16.9M | 1.2% | +7.7% |
| HTFL HEARTFLOW INC | Healthcare | 653.0K | $15.9M | 1.2% | New |
| SAIA SAIA INC | Industrials | 41.2K | $14.5M | 1.0% | +33.9% |
| INOD INNODATA INC | Technology | 368.4K | $14.2M | 1.0% | +0.7% |
| KRMN KARMAN HOLDINGS INC | Industrials | 171.2K | $13.7M | 1.0% | -26.3% |
| LGN LEGENCE CORP-CL A | Industrials | 238.1K | $13.4M | 1.0% | -1.6% |
| OLLI OLLIE'S BARGAIN OUTLET HOLDI | Consumer discretionary | 132.8K | $12.2M | 0.9% | +55.9% |
| AGYS AGILYSYS INC | Technology | 160.5K | $11.4M | 0.8% | +93.4% |
| TCMD TACTILE SYSTEMS TECHNOLOGY I | Healthcare | 428.2K | $11.2M | 0.8% | +9.8% |
| GOOGL ALPHABET INC-CL A | Technology | 38.8K | $11.2M | 0.8% | +13.3% |
| MSFT MICROSOFT CORP | Technology | 30.0K | $11.1M | 0.8% | -30.6% |
| MOD MODINE MANUFACTURING CO | Industrials | 50.2K | $10.9M | 0.8% | New |
| APLD APPLIED DIGITAL CORP | Technology | 431.9K | $10.3M | 0.7% | -45.8% |
| WULF TERAWULF INC | Financials | 694.5K | $10.0M | 0.7% | -41.2% |
| CELH CELSIUS HOLDINGS INC | Consumer staples | 277.3K | $9.8M | 0.7% | +11.8% |
| AIP ARTERIS INC | Technology | 589.6K | $9.7M | 0.7% | +19.5% |
| AVGO BROADCOM INC | Technology | 31.3K | $9.7M | 0.7% | -1.7% |
| TMDX TRANSMEDICS GROUP INC | Healthcare | 96.4K | $9.6M | 0.7% | -2.1% |
| FEIM FREQUENCY ELECTRONICS INC | Technology | 216.4K | $9.6M | 0.7% | -1.4% |
| KMTS KESTRA MEDICAL TECHNOLOGIES | Healthcare | 457.6K | $9.1M | 0.7% | -1.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 112 | $1.38B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 121 | $1.44B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 124 | $1.37B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 123 | $1.29B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 123 | $1.12B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 130 | $1.33B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 127 | $1.23B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 122 | $1.20B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 120 | $1.15B | canonical | SEC ↗ |
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