Next Century Growth Investors 13F annual report
Next Century Growth Investors is an investment fund managing more than $1.2 trillion ran by Gina Nelson. There are currently 122 companies in Mrs. Nelson’s portfolio. The largest investments include TransMedics and Astronics, together worth $98.2 billion.
$1.2 trillion Assets Under Management (AUM)
As of 7th August 2024, Next Century Growth Investors’s top holding is 336,397 shares of TransMedics currently worth over $50.7 billion and making up 4.2% of the portfolio value.
Relative to the number of outstanding shares of TransMedics, Next Century Growth Investors owns more than approximately 0.1% of the company.
In addition, the fund holds 2,373,103 shares of Astronics worth $47.5 billion, whose value grew 0.8% in the past six months.
The third-largest holding is Verra Mobility worth $41.3 billion and the next is NAPCO Security Technologies Inc worth $40.7 billion, with 783,449 shares owned.
Currently, Next Century Growth Investors's portfolio is worth at least $1.2 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Next Century Growth Investors
The Next Century Growth Investors office and employees reside in Plymouth, Minnesota. According to the last 13-F report filed with the SEC, Gina Nelson serves as the Operations at Next Century Growth Investors.
Recent trades
In the most recent 13F filing, Next Century Growth Investors revealed that it had opened a new position in
Par Technology and bought 365,121 shares worth $17.2 billion.
This means they effectively own approximately 0.1% of the company.
Par Technology makes up
6.6%
of the fund's Technology sector allocation and has grown its share price by 37.1% in the past year.
The investment fund also strengthened its position in Astronics by buying
142,442 additional shares.
This makes their stake in Astronics total 2,373,103 shares worth $47.5 billion.
Astronics soared 11.2% in the past year.
On the other hand, there are companies that Next Century Growth Investors is getting rid of from its portfolio.
Next Century Growth Investors closed its position in Sprout Social on 14th August 2024.
It sold the previously owned 503,928 shares for $30.1 billion.
Gina Nelson also disclosed a decreased stake in TransMedics by 0.3%.
This leaves the value of the investment at $50.7 billion and 336,397 shares.
One of the average hedge funds
The two most similar investment funds to Next Century Growth Investors are Atlas Infrastructure Partners (uk) and Ern. They manage $1.2 trillion and $1.2 trillion respectively.
Gina Nelson investment strategy
Next Century Growth Investors’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Industrials — making up 24.3% of
the total portfolio value.
The fund focuses on investments in the United States as
67.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
21% of the total holdings value.
On the other hand, small-cap stocks make up only 2.5% of the portfolio.
The average market cap of the portfolio companies is close to $80.3 billion.
The complete list of Next Century Growth Investors trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| TransMedics Group, Inc. |
28.76%
336,397
|
$50,668,116,000 | 4.21% |
| Astronics Corp. |
6.39%
2,373,103
|
$47,533,253,000 | 3.95% |
| Verra Mobility Corporation |
7.27%
1,517,021
|
$41,262,971,000 | 3.43% |
| NAPCO Security Technologies Inc |
6.33%
783,449
|
$40,700,175,000 | 3.38% |
| Tandem Diabetes Care Inc |
7.21%
914,370
|
$36,839,967,000 | 3.06% |
| Q2 Holdings Inc |
7.17%
556,599
|
$33,579,617,000 | 2.79% |
| AeroVironment Inc. |
6.31%
182,238
|
$33,196,474,000 | 2.76% |
| Rxsight Inc |
3.48%
528,296
|
$31,787,570,000 | 2.64% |
| Vertex Inc |
33.46%
848,394
|
$30,584,603,000 | 2.54% |
| Sprout Social, Inc. |
Closed
503,928
|
$30,089,540,000 | |
| Freshpet Inc |
7.32%
208,545
|
$26,983,637,000 | 2.24% |
| Paymentus Holdings |
92.19%
1,309,566
|
$24,881,754,000 | 2.07% |
| Macom Technology Solutions Hol |
18.63%
211,955
|
$23,626,623,000 | 1.96% |
| Saia Inc. |
14.58%
48,254
|
$22,886,389,000 | 1.90% |
| Flywire Corporation |
7.37%
1,301,768
|
$21,335,977,000 | 1.77% |
| Kinsale Capital Group, Inc. |
2.12%
52,419
|
$20,195,992,000 | 1.68% |
| Microsoft Corporation |
0.28%
43,082
|
$19,255,499,000 | 1.60% |
| Agilysys, Inc |
6.20%
183,010
|
$19,058,661,000 | 1.58% |
| Vericel Corp |
2.60%
388,778
|
$17,837,134,000 | 1.48% |
| Par Technology Corp. |
Opened
365,121
|
$17,193,547,000 | 1.43% |
| Alphatec Holdings Inc |
0.59%
1,594,313
|
$16,660,570,000 | 1.38% |
| NVIDIA Corp |
897.54%
133,930
|
$16,545,712,000 | 1.37% |
| MYR Group Inc |
9.17%
117,276
|
$15,915,525,000 | 1.32% |
| Natera Inc |
14.55%
142,013
|
$15,378,587,000 | 1.28% |
| SPS Commerce Inc. |
14.48%
78,355
|
$14,743,276,000 | 1.22% |
| Procept Biorobotics |
167.58%
239,591
|
$14,636,614,000 | 1.22% |
| Hexcel Corp. |
23.01%
233,247
|
$14,566,275,000 | 1.21% |
| Celsius Holdings Inc |
16.85%
253,391
|
$14,466,092,000 | 1.20% |
| Apple Computer Inc |
53.50%
67,795
|
$14,278,982,000 | 1.19% |
| Innodata Inc |
8.54%
893,727
|
$13,253,971,000 | 1.10% |
| CyberArk Software Ltd |
62.16%
47,954
|
$13,111,582,000 | 1.09% |
| QuinStreet Inc |
16.14%
766,385
|
$12,714,327,000 | 1.06% |
| Alphabet Inc |
9.49%
67,384
|
$12,273,995,000 | 1.02% |
| Coherent Corp |
Opened
166,862
|
$12,090,820,000 | 1.00% |
| Alkami Technology |
13.91%
421,588
|
$12,006,826,000 | 1.00% |
| RBC Bearings Inc. |
14.54%
43,555
|
$11,750,267,000 | 0.98% |
| Amazon.com Inc. |
5.07%
60,154
|
$11,624,760,000 | 0.97% |
| ExlService Holdings Inc |
14.56%
356,747
|
$11,187,585,000 | 0.93% |
| Medpace Holdings Inc |
14.51%
26,632
|
$10,968,389,000 | 0.91% |
| SI-BONE Inc |
21.00%
845,421
|
$10,931,293,000 | 0.91% |
| Smith Douglas Homes |
159.16%
463,834
|
$10,844,438,000 | 0.90% |
| Credo Technology Group Holding |
245.30%
336,260
|
$10,740,144,000 | 0.89% |
| Acv Auctions |
61.07%
577,700
|
$10,543,025,000 | 0.88% |
| Treace Medical Concepts |
Closed
769,808
|
$10,045,994,000 | |
| SEMrush Holdings, Inc. |
7.57%
732,743
|
$9,811,428,000 | 0.81% |
| LGI Homes Inc |
59.91%
108,985
|
$9,753,067,000 | 0.81% |
| Enfusion, Inc. |
140.01%
1,121,623
|
$9,556,227,000 | 0.79% |
| Appfolio Inc |
35.65%
38,052
|
$9,306,377,000 | 0.77% |
| Guidewire Software Inc |
36.58%
66,477
|
$9,166,513,000 | 0.76% |
| FTAI Aviation Ltd |
Opened
84,762
|
$8,749,981,000 | 0.73% |
| Kura Sushi USA, Inc. |
25.74%
127,739
|
$8,059,053,000 | 0.67% |
| Universal Stainless And Alloy |
Opened
293,181
|
$8,027,295,000 | 0.67% |
| Marten Transport, Ltd. |
0.09%
432,474
|
$7,979,145,000 | 0.66% |
| Meta Platforms Inc |
10.75%
14,578
|
$7,350,519,000 | 0.61% |
| Inspire Medical Systems Inc |
Closed
32,457
|
$6,971,439,000 | |
| Dutch Bros Inc. |
Opened
168,304
|
$6,967,785,000 | 0.58% |
| Progyny Inc |
14.52%
237,238
|
$6,787,379,000 | 0.56% |
| Loar Holdings |
Opened
124,967
|
$6,674,487,000 | 0.55% |
| Ryan Specialty Holdings |
Closed
116,281
|
$6,453,595,000 | |
| Monday.com |
7.50%
26,070
|
$6,276,613,000 | 0.52% |
| Eli Lilly And Company |
13.95%
6,848
|
$6,200,042,000 | 0.51% |
| Cava Group |
6.78%
66,375
|
$6,156,281,000 | 0.51% |
| Sterling Infrastruture |
Opened
51,678
|
$6,115,574,000 | 0.51% |
| Lattice Semiconductor Corp. |
36.34%
101,116
|
$5,863,716,000 | 0.49% |
| Clearwater Analytics Holdings, Inc. |
39.24%
313,534
|
$5,806,649,000 | 0.48% |
| Bowhead Specialty Holdings |
Opened
228,353
|
$5,786,465,000 | 0.48% |
| Costco Wholesale Corp |
0.26%
6,083
|
$5,170,489,000 | 0.43% |
| ArcBest Corp |
36.78%
48,276
|
$5,169,394,000 | 0.43% |
| Castle Biosciences, Inc. |
7.91%
236,830
|
$5,155,789,000 | 0.43% |
| Grid Dynamics Holdings, Inc. |
54.22%
484,603
|
$5,093,177,000 | 0.42% |
| Intapp |
0.09%
137,194
|
$5,030,903,000 | 0.42% |
| Five9 Inc |
6.00%
110,432
|
$4,870,051,000 | 0.40% |
| Accolade, Inc. |
Closed
460,283
|
$4,823,765,000 | |
| Tactile Systems |
46.32%
385,956
|
$4,608,314,000 | 0.38% |
| OrthoPediatrics corp |
0.08%
157,746
|
$4,536,774,000 | 0.38% |
| ServiceNow Inc |
22.68%
5,685
|
$4,472,218,000 | 0.37% |
| Orion Group Holdings Inc |
Opened
468,742
|
$4,457,736,000 | 0.37% |
| Mama's Creations |
Opened
658,842
|
$4,440,595,000 | 0.37% |
| Boeing Co. |
0.27%
23,834
|
$4,338,026,000 | 0.36% |
| Visa Inc |
0.26%
16,007
|
$4,201,357,000 | 0.35% |
| Neogenomics Inc. |
10.60%
293,380
|
$4,069,180,000 | 0.34% |
| Workiva Inc |
Closed
47,845
|
$4,057,256,000 | |
| Artivion Inc |
Opened
157,195
|
$4,032,051,000 | 0.33% |
| Advanced Micro Devices Inc. |
0.28%
24,849
|
$4,030,756,000 | 0.33% |
| Lincoln Educational Services Corp |
Opened
331,584
|
$3,932,586,000 | 0.33% |
| Mastercard Incorporated |
0.27%
8,847
|
$3,902,942,000 | 0.32% |
| Global-e Online |
29.71%
107,597
|
$3,902,543,000 | 0.32% |
| Dexcom Inc |
0.23%
32,811
|
$3,720,111,000 | 0.31% |
| Vertiv Holdings Co |
15.88%
42,945
|
$3,717,748,000 | 0.31% |
| Quanta Services, Inc. |
57.66%
14,398
|
$3,658,387,000 | 0.30% |
| Goldman Sachs Group Com |
0.27%
8,025
|
$3,629,868,000 | 0.30% |
| Vertex Pharmaceuticals, Inc. |
22.42%
7,697
|
$3,607,737,000 | 0.30% |
| Crowdstrike Holdings Inc |
22.02%
9,413
|
$3,606,967,000 | 0.30% |
| JFrog Ltd |
28.42%
95,504
|
$3,586,175,000 | 0.30% |
| Old Dominion Freight Line, Inc. |
0.26%
19,404
|
$3,426,746,000 | 0.28% |
| AAON Inc. |
Opened
38,784
|
$3,383,516,000 | 0.28% |
| Braze Inc |
Closed
75,631
|
$3,350,453,000 | |
| Veracyte Inc |
0.08%
147,879
|
$3,204,537,000 | 0.27% |
| Netflix.com |
0.30%
4,725
|
$3,188,808,000 | 0.26% |
| Universal Technical Institute Inc |
Opened
198,372
|
$3,120,391,000 | 0.26% |
| Penumbra Inc |
18.75%
17,299
|
$3,113,301,000 | 0.26% |
| First Watch Restaurant Group |
17.18%
174,617
|
$3,066,274,000 | 0.25% |
| Adobe Inc |
17.29%
5,426
|
$3,014,360,000 | 0.25% |
| Arm Holdings |
44.65%
18,303
|
$2,994,736,000 | 0.25% |
| Palo Alto Networks Inc |
18.37%
8,562
|
$2,902,603,000 | 0.24% |
| Floor & Decor Holdings Inc |
14.51%
29,012
|
$2,884,082,000 | 0.24% |
| Progressive Corp. |
0.26%
13,672
|
$2,839,811,000 | 0.24% |
| Monolithic Power Systems Inc |
0.24%
3,362
|
$2,762,488,000 | 0.23% |
| Permian Resrouces Corp |
0.83%
167,401
|
$2,703,526,000 | 0.22% |
| Boston Scientific Corp. |
0.28%
32,789
|
$2,525,080,000 | 0.21% |
| Symbotic Inc |
0.25%
71,630
|
$2,518,510,000 | 0.21% |
| Knight-swift Transportation Ho |
Closed
45,023
|
$2,477,165,000 | |
| Unitedhealth Group Inc |
0.25%
4,833
|
$2,461,253,000 | 0.20% |
| Costar Group, Inc. |
0.25%
32,784
|
$2,430,605,000 | 0.20% |
| Docebo Inc. |
50.11%
62,743
|
$2,423,762,000 | 0.20% |
| Pdf Solution |
0.09%
65,696
|
$2,390,020,000 | 0.20% |
| Paylocity Corp |
15.15%
17,743
|
$2,339,414,000 | 0.19% |
| Globant Sa |
Closed
11,316
|
$2,284,700,000 | |
| DoubleVerify Holdings, Inc. |
Closed
64,193
|
$2,257,025,000 | |
| Arteris |
Opened
278,562
|
$2,092,000,000 | 0.17% |
| Aehr Test Systems |
Closed
165,276
|
$2,049,422,000 | |
| Goosehead Insurance Inc |
70.88%
34,827
|
$2,000,462,000 | 0.17% |
| Century Communities Inc |
60.44%
24,310
|
$1,985,154,000 | 0.16% |
| Evolv Technologies |
Closed
443,157
|
$1,972,048,000 | |
| Intuitive Surgical Inc |
0.30%
4,331
|
$1,926,645,000 | 0.16% |
| Chipotle Mexican Grill |
4,891.80%
30,450
|
$1,907,692,000 | 0.16% |
| Lifemd |
32.35%
277,644
|
$1,904,637,000 | 0.16% |
| Novo-nordisk A/s Spons Adr |
55.29%
13,303
|
$1,898,870,000 | 0.16% |
| Cadence Design Sys Inc |
0.25%
6,077
|
$1,870,196,000 | 0.16% |
| D.R. Horton Inc. |
0.25%
13,120
|
$1,849,001,000 | 0.15% |
| Augmedix |
Closed
362,307
|
$1,481,835,000 | |
| Potbelly Corp |
0.08%
169,108
|
$1,357,937,000 | 0.11% |
| Workday Inc |
0.27%
5,910
|
$1,321,239,000 | 0.11% |
| Lululemon Athletica inc. |
Closed
3,181
|
$1,242,657,000 | |
| Shopify Inc |
Opened
18,221
|
$1,203,497,000 | 0.10% |
| Tesla Motors Inc |
30.33%
5,757
|
$1,139,195,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 136 holdings | |||
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