Q2 2025 · 13F-HR
NEXT CENTURY GROWTH INVESTORS LLCholdings as filed
Filed 2025-08-14 · accession 0001134007-25-000009
$1.29B
Reported value
123
Positions
2025-06-30
Period end
The Brief · NEXT CENTURY GROWTH INVESTORS LLC · Q2 2025
AI · grounded in 13F
NEXT CENTURY GROWTH INVESTORS LLC established a new position in Astronics Corp ATRO valued at $42.4M. The fund also initiated new stakes in Paymentus Holdings PAY for $37M and Sterling Infrastruture STRL for $34.8M. Additional new positions include IRhythm Technologies IRTC at $34.6M and Universal Technical Institute UTI at $32.5M. Total assets under management stand at $1.29B across 123 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 046433108 | ATRO | Astronics Corp | $42.4M | 3.28% | 1,267,874 | Common | SOLE |
| 70439P108 | PAY | Paymentus Holdings | $37.0M | 2.86% | 1,129,725 | Common | SOLE |
| 859241101 | STRL | Sterling Infrastruture | $34.8M | 2.69% | 150,972 | Common | SOLE |
| 450056106 | IRTC | IRhythm Technologies | $34.6M | 2.67% | 224,863 | Common | SOLE |
| 913915104 | UTI | Universal Technical Institute | $32.5M | 2.51% | 958,891 | Common | SOLE |
| 228903100 | AORT | Artivion Inc | $31.3M | 2.42% | 1,006,042 | Common | SOLE |
| 01625V104 | ALHC | Alignment Healthcare | $30.4M | 2.35% | 2,171,649 | Common | SOLE |
| 698884103 | PAR | Par Technology | $29.0M | 2.24% | 417,625 | Common | SOLE |
| 55405W104 | MYRG | MYR Group Inc | $28.5M | 2.20% | 157,043 | Common | SOLE |
| 92346J108 | VCEL | Vericel Corp | $28.5M | 2.20% | 668,649 | Common | SOLE |
| 98423F109 | XMTR | Xometry Inc | $26.1M | 2.02% | 772,593 | Common | SOLE |
| 02081G201 | ATEC | Alphatec Holdings Inc | $22.9M | 1.77% | 2,060,735 | Common | SOLE |
| 55405Y100 | MTSI | MACOM Technology Solutions Hol | $22.7M | 1.75% | 158,383 | Common | SOLE |
| 74736L109 | QTWO | Q2 Holdings | $22.0M | 1.70% | 235,404 | Common | SOLE |
| 14167L103 | CDNA | Care Dx | $22.0M | 1.70% | 1,125,454 | Common | SOLE |
| 75524B104 | RBC | RBC Bearings Inc | $21.7M | 1.68% | 56,514 | Common | SOLE |
| 53263P105 | LMB | Limbach Holdings | $21.6M | 1.67% | 154,287 | Common | SOLE |
| 681116109 | OLLI | Ollie's Bargain Outlet | $21.2M | 1.64% | 160,774 | Common | SOLE |
| 81663L200 | WGS | GeneDx Holding Corp | $20.5M | 1.58% | 221,610 | Common | SOLE |
| 053604104 | AVPT | Avepoint Inc | $19.7M | 1.52% | 1,019,773 | Common | SOLE |
| 49714P108 | KNSL | Kinsale Capital Group | $19.5M | 1.51% | 40,356 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp. | $19.5M | 1.51% | 39,247 | Common | SOLE |
| 67066G104 | NVDA | Nvidia Corporation | $17.9M | 1.38% | 113,203 | Common | SOLE |
| 144285103 | CRS | Carpenter Technology | $17.1M | 1.32% | 61,712 | Common | SOLE |
| 533535100 | LINC | Lincoln Educational Services | $16.6M | 1.28% | 719,945 | Common | SOLE |
| 302081104 | EXLS | Exlservice Holdings Inc. | $16.5M | 1.28% | 377,818 | Common | SOLE |
| 26701L100 | BROS | Dutch Bros Inc | $16.3M | 1.26% | 238,202 | Common | SOLE |
| 89377M109 | TMDX | Transmedics Group Inc | $16.0M | 1.24% | 119,756 | Common | SOLE |
| 00091G104 | ACVA | ACV Auctions | $15.6M | 1.21% | 962,921 | Common | SOLE |
| 78709Y105 | SAIA | Saia Inc | $14.7M | 1.14% | 53,622 | Common | SOLE |
| 946784105 | WAY | Waystar Holdings | $14.5M | 1.12% | 353,623 | Common | SOLE |
| 04010E109 | AGX | Argan Inc | $13.8M | 1.06% | 62,491 | Common | SOLE |
| 42226A107 | HQY | HealthEquity | $13.6M | 1.05% | 129,465 | Common | SOLE |
| 01644J108 | ALKT | Alkami Technology | $13.3M | 1.03% | 440,921 | Common | SOLE |
| 70975L107 | PEN | Penumbra | $12.8M | 0.99% | 49,742 | Common | SOLE |
| 037833100 | AAPL | Apple Computer Inc | $12.7M | 0.98% | 61,706 | Common | SOLE |
| 00847J105 | AGYS | Agilysys | $12.4M | 0.96% | 107,830 | Common | SOLE |
| 92538J106 | VERX | Vertex Inc | $11.7M | 0.90% | 331,383 | Common | SOLE |
| 023135106 | AMZN | Amazon.Com | $11.2M | 0.87% | 51,131 | Common | SOLE |
| G3730v105 | — | FTAI Aviation | $11.1M | 0.86% | 96,794 | Common | SOLE |
| 518415104 | LSCC | Lattice Semiconductor Corp | $11.1M | 0.85% | 225,774 | Common | SOLE |
| 74276L105 | PRCT | Procept Biorobotics | $10.9M | 0.84% | 189,185 | Common | SOLE |
| 82835W108 | SPRY | ARS Pharmaceuticals | $10.9M | 0.84% | 622,823 | Common | SOLE |
| 82982T106 | SITM | Sitime Corp | $10.7M | 0.83% | 50,385 | Common | SOLE |
| 68134L109 | OLOGBX | Olo | $10.3M | 0.80% | 1,159,731 | Common | SOLE |
| M2682V108 | CYBR | Cyberark Software | $10.1M | 0.78% | 24,907 | Common | SOLE |
| 53947R105 | LOAR | Loar Holdings | $9.9M | 0.76% | 114,481 | Common | SOLE |
| 604749101 | MIRM | Mirum Pharmaceuticals | $9.7M | 0.75% | 190,325 | Common | SOLE |
| 26856L103 | ELF | ELF Beauty | $9.2M | 0.71% | 73,732 | Common | SOLE |
| 70438V106 | PCTY | Paylocity Corp | $9.0M | 0.70% | 49,741 | Common | SOLE |
| 85423L103 | SARO | StandardAero Inc | $8.8M | 0.68% | 278,627 | Common | SOLE |
| 19247G107 | COHR | Coherent Corp | $8.8M | 0.68% | 98,285 | Common | SOLE |
| 68628V308 | ORN | Orion Group Holdings | $8.5M | 0.65% | 932,908 | Common | SOLE |
| 390607109 | GLDD | Great Lakes Dredge & Doc | $7.9M | 0.61% | 648,290 | Common | SOLE |
| G25457105 | CRDO | Credo Technology Group Holding | $7.9M | 0.61% | 84,785 | Common | SOLE |
| 56146T103 | MAMA | Mama's Creations | $7.6M | 0.59% | 918,394 | Common | SOLE |
| 73754Y100 | PTB | Potbelly Corporation | $7.4M | 0.57% | 603,003 | Common | SOLE |
| 185123106 | CWAN | Clearwater Analytics Holdings | $7.1M | 0.55% | 325,680 | Common | SOLE |
| 81686C104 | 628 | SEMrush Holdings | $7.0M | 0.54% | 775,997 | Common | SOLE |
| 11135F101 | AVGO | Broadcom | $6.9M | 0.54% | 25,194 | Common | SOLE |
| 833445109 | SNOW | Snowflake Inc | $6.9M | 0.53% | 30,905 | Common | SOLE |
| 45827U109 | INTA | Intapp | $6.9M | 0.53% | 133,271 | Common | SOLE |
| 097023105 | BA | Boeing Co | $6.7M | 0.52% | 32,051 | Common | SOLE |
| 64110L106 | NFLX | Netflix.com | $6.7M | 0.52% | 4,997 | Common | SOLE |
| 124411109 | BY | Byline Bancorp | $6.6M | 0.51% | 247,810 | Common | SOLE |
| 38141G104 | GS | Goldman Sachs Group Com | $6.6M | 0.51% | 9,350 | Common | SOLE |
| 92337F107 | VCYT | Veracyte Inc | $6.6M | 0.51% | 242,774 | Common | SOLE |
| 974155103 | WING | Wingstop | $6.5M | 0.50% | 19,326 | Common | SOLE |
| 15118V207 | CELH | Celsius Holdings | $6.3M | 0.49% | 136,815 | Common | SOLE |
| 830940102 | SKWD | Skyward Specialy Insurance Gro | $6.3M | 0.49% | 108,809 | Common | SOLE |
| 81764X103 | TTAN | ServiceTitan | $6.3M | 0.49% | 58,567 | Common | SOLE |
| 957638109 | WAL | Western Alliance Bancorp | $6.2M | 0.48% | 80,125 | Common | SOLE |
| 72346Q104 | — | Pinnacle Financial | $6.2M | 0.48% | 56,436 | Common | SOLE |
| 22160K105 | COST | Costco Wholesale Corp | $6.2M | 0.48% | 6,244 | Common | SOLE |
| 443201108 | HWM | Howmet Aerospace | $6.2M | 0.48% | 33,112 | Common | SOLE |
| 101137107 | BSX | Boston Scientific Corp | $5.9M | 0.45% | 54,495 | Common | SOLE |
| 10240L102 | BOW | Bowhead Specialty Holdings | $5.8M | 0.44% | 153,411 | Common | SOLE |
| 39813G109 | GDYN | Grid Dynamics Holdings Inc. | $5.6M | 0.44% | 488,114 | Common | SOLE |
| M5216V106 | GLBE | Global-E Online | $5.6M | 0.43% | 167,172 | Common | SOLE |
| 499049104 | KNX | Knight-Swift Transportation Ho | $5.6M | 0.43% | 126,617 | Common | SOLE |
| 38267D109 | GSHD | Goosehead Insurance | $5.4M | 0.42% | 51,487 | Common | SOLE |
| 92537N108 | VRT | Vertiv Holdings | $5.4M | 0.42% | 41,859 | Common | SOLE |
| 743315103 | PGR | Progressive Corp | $5.2M | 0.40% | 19,439 | Common | SOLE |
| 87318A101 | TWFG | TWFG Inc | $5.1M | 0.39% | 144,398 | Common | SOLE |
| 457642205 | INOD | Innodata Inc | $5.0M | 0.38% | 97,245 | Common | SOLE |
| 04681Y103 | ASIC | Ategrity Specialty Holdings | $5.0M | 0.38% | 230,145 | Common | SOLE |
| 09352U108 | BLND | Blend Labs | $4.9M | 0.38% | 1,497,059 | Common | SOLE |
| 09062W204 | BLFS | Biolife Solutions | $4.9M | 0.38% | 228,790 | Common | SOLE |
| 825704109 | SIBN | SI-BONE Inc | $4.8M | 0.37% | 256,345 | Common | SOLE |
| 88830R101 | TITN | Titan Machinery | $4.8M | 0.37% | 240,052 | Common | SOLE |
| 22284P105 | CVLG | Covenant Logistics Group | $4.7M | 0.36% | 193,383 | Common | SOLE |
| 108621103 | BWB | Bridgewater Bancshares | $4.6M | 0.35% | 286,741 | Common | SOLE |
| 30303M102 | META | Meta Platforms, Inc. | $4.5M | 0.35% | 6,063 | Common | SOLE |
| M6191J100 | FROG | JFrog | $4.4M | 0.34% | 99,876 | Common | SOLE |
| 81762P102 | NOW | ServiceNow Inc | $4.4M | 0.34% | 4,246 | Common | SOLE |
| 88160R101 | TSLA | Tesla Motors Inc | $3.9M | 0.30% | 12,426 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc-Cl A | $3.9M | 0.30% | 21,948 | Common | SOLE |
| 04302A104 | AIP | Arteris | $3.8M | 0.29% | 397,169 | Common | SOLE |
| 15678C102 | CBLL | Ceribell | $3.7M | 0.29% | 199,082 | Common | SOLE |
| 92826C839 | V | Visa Inc | $3.4M | 0.26% | 9,437 | Common | SOLE |
| 74762E102 | QURE | Quanta Services | $3.3M | 0.26% | 8,790 | Common | SOLE |
| 82509L107 | SHOP | Shopify Inc | $3.2M | 0.24% | 27,444 | Common | SOLE |
| 501270102 | KRUS | Kura Sushi USA | $3.1M | 0.24% | 36,364 | Common | SOLE |
| 05464C101 | AXON | Axon Enterprise | $3.1M | 0.24% | 3,706 | Common | SOLE |
| 03831W108 | APP | Applovin | $2.9M | 0.23% | 8,320 | Common | SOLE |
| 55380K109 | MPTI | M-Tron Industries | $2.9M | 0.22% | 68,777 | Common | SOLE |
| 57636Q104 | MA | Mastercard Inc | $2.8M | 0.22% | 5,035 | Common | SOLE |
| 042068205 | ARM | Arm Holdings | $2.7M | 0.21% | 16,924 | Common | SOLE |
| 40171V100 | GWRE | Guidewire Software | $2.7M | 0.21% | 11,542 | Common | SOLE |
| 902252105 | TYL | Tyler Technologies | $2.6M | 0.20% | 4,327 | Common | SOLE |
| M6372Q113 | KRNT | Kornit Digital Ltd | $2.4M | 0.18% | 119,821 | Common | SOLE |
| L8681T102 | SPOT | Spotify Technology | $2.3M | 0.18% | 3,040 | Common | SOLE |
| 149123101 | CAT | Caterpillar | $1.9M | 0.15% | 5,005 | Common | SOLE |
| 46120E602 | ISRG | Intuitive Surgical Inc. | $1.9M | 0.15% | 3,526 | Common | SOLE |
| 94724R108 | WEAV | Weave Communications | $1.9M | 0.15% | 229,306 | Common | SOLE |
| 146869102 | CVNA | Carvana | $1.9M | 0.14% | 5,557 | Common | SOLE |
| 049468101 | TEAM | Atlassian Corp | $1.8M | 0.14% | 9,097 | Common | SOLE |
| 888787108 | TOST | Toast | $1.8M | 0.14% | 40,511 | Common | SOLE |
| 69120X206 | OWLT | Owlet Inc | $1.7M | 0.13% | 196,817 | Common | SOLE |
| 74317M104 | PAL | Proficient Auto Logistics | $1.6M | 0.12% | 222,465 | Common | SOLE |
| 79466L302 | CRM | Salesforce | $1.6M | 0.12% | 5,692 | Common | SOLE |
| 22788C105 | CRWD | Crowdstrike Holdings Inc | $988,570 | 0.08% | 1,941 | Common | SOLE |
| 55380K125 | MPTI/WS | M-Tron Industries - Warrants | $73,176 | 0.01% | 70,606 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.