Q3 2025 · 13F-HR
NEXT CENTURY GROWTH INVESTORS LLCholdings as filed
Filed 2025-11-14 · accession 0001134007-25-000012
$1.37B
Reported value
124
Positions
2025-09-30
Period end
The Brief · NEXT CENTURY GROWTH INVESTORS LLC · Q3 2025
AI · grounded in 13F
NEXT CENTURY GROWTH INVESTORS LLC established a new position in Astronics Corp ATRO worth $55.4M. The fund also initiated new stakes in Artivion Inc AORT for $44.4M and Xometry Inc XMTR for $44M. Other new additions include Alignment Healthcare ALHC at $39.7M and Universal Technical Institute UTI at $36.1M. Total assets under management stand at $1.37B across 124 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 046433108 | ATRO | Astronics Corp | $55.4M | 4.04% | 1,214,287 | Common | SOLE |
| 228903100 | AORT | Artivion Inc | $44.4M | 3.24% | 1,048,486 | Common | SOLE |
| 98423F109 | XMTR | Xometry Inc | $44.0M | 3.21% | 807,524 | Common | SOLE |
| 01625V104 | ALHC | Alignment Healthcare | $39.7M | 2.89% | 2,272,745 | Common | SOLE |
| 913915104 | UTI | Universal Technical Institute | $36.1M | 2.63% | 1,107,809 | Common | SOLE |
| 70439P108 | PAY | Paymentus Holdings | $35.7M | 2.60% | 1,166,838 | Common | SOLE |
| 55405W104 | MYRG | MYR Group Inc | $34.3M | 2.50% | 165,017 | Common | SOLE |
| 02081G201 | ATEC | Alphatec Holdings Inc | $33.1M | 2.42% | 2,279,383 | Common | SOLE |
| 450056106 | IRTC | IRhythm Technologies | $32.5M | 2.37% | 189,082 | Common | SOLE |
| 859241101 | STRL | Sterling Infrastruture | $30.6M | 2.23% | 90,065 | Common | SOLE |
| 604749101 | MIRM | Mirum Pharmaceuticals | $26.5M | 1.93% | 360,934 | Common | SOLE |
| 81663L200 | WGS | GeneDx Holding Corp | $25.2M | 1.84% | 234,109 | Common | SOLE |
| 67066G104 | NVDA | Nvidia Corporation | $23.8M | 1.74% | 127,777 | Common | SOLE |
| 72703X106 | PL | Planet Labs PBC | $23.1M | 1.68% | 1,777,531 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp. | $22.4M | 1.63% | 43,285 | Common | SOLE |
| 681116109 | OLLI | Ollie's Bargain Outlet | $21.6M | 1.57% | 167,953 | Common | SOLE |
| 55405Y100 | MTSI | MACOM Technology Solutions Hol | $20.6M | 1.50% | 165,413 | Common | SOLE |
| M7S64L123 | PGY | Pagaya Technologies | $19.6M | 1.43% | 660,608 | Common | SOLE |
| 75524B104 | RBC | RBC Bearings Inc | $19.2M | 1.40% | 49,104 | Common | SOLE |
| G3730v105 | — | FTAI Aviation | $19.1M | 1.39% | 114,316 | Common | SOLE |
| 518415104 | LSCC | Lattice Semiconductor Corp | $19.1M | 1.39% | 260,056 | Common | SOLE |
| 453204109 | PI | Impinj Inc | $18.9M | 1.38% | 104,641 | Common | SOLE |
| 82982T106 | SITM | Sitime Corp | $18.6M | 1.36% | 61,795 | Common | SOLE |
| 037833100 | AAPL | Apple Computer Inc | $18.2M | 1.33% | 71,578 | Common | SOLE |
| 533535100 | LINC | Lincoln Educational Services | $17.9M | 1.30% | 759,901 | Common | SOLE |
| 04010E109 | AGX | Argan Inc | $17.8M | 1.30% | 65,964 | Common | SOLE |
| 49714P108 | KNSL | Kinsale Capital Group | $16.9M | 1.23% | 39,774 | Common | SOLE |
| 144285103 | CRS | Carpenter Technology | $15.8M | 1.15% | 64,447 | Common | SOLE |
| 053604104 | AVPT | Avepoint Inc | $15.4M | 1.13% | 1,028,663 | Common | SOLE |
| 53263P105 | LMB | Limbach Holdings | $15.1M | 1.10% | 155,401 | Common | SOLE |
| 78709Y105 | SAIA | Saia Inc | $14.8M | 1.08% | 49,376 | Common | SOLE |
| 038169207 | APLD | Applied Digital Corp | $14.0M | 1.02% | 610,193 | Common | SOLE |
| 553368101 | MP | MP Materials Corp | $13.6M | 0.99% | 203,093 | Common | SOLE |
| 457642205 | INOD | Innodata Inc | $13.6M | 0.99% | 176,347 | Common | SOLE |
| 70975L107 | PEN | Penumbra | $13.2M | 0.96% | 51,928 | Common | SOLE |
| 26701L100 | BROS | Dutch Bros Inc | $13.0M | 0.95% | 247,771 | Common | SOLE |
| M6191J100 | FROG | JFrog | $13.0M | 0.95% | 273,939 | Common | SOLE |
| G25457105 | CRDO | Credo Technology Group Holding | $12.9M | 0.94% | 88,569 | Common | SOLE |
| 15118V207 | CELH | Celsius Holdings | $12.7M | 0.92% | 220,604 | Common | SOLE |
| 56146T103 | MAMA | Mama's Creations | $11.5M | 0.84% | 1,094,707 | Common | SOLE |
| 023135106 | AMZN | Amazon.Com | $11.3M | 0.82% | 51,423 | Common | SOLE |
| 19247G107 | COHR | Coherent Corp | $11.1M | 0.81% | 102,674 | Common | SOLE |
| 000360206 | AAON | Aaon Inc | $11.0M | 0.80% | 117,233 | Common | SOLE |
| 11135F101 | AVGO | Broadcom | $10.5M | 0.77% | 31,853 | Common | SOLE |
| 946784105 | WAY | Waystar Holdings | $10.5M | 0.77% | 276,819 | Common | SOLE |
| 26856L103 | ELF | ELF Beauty | $10.2M | 0.74% | 77,004 | Common | SOLE |
| 889478103 | TOL | Toll Brothers Inc | $10.1M | 0.73% | 72,900 | Common | SOLE |
| 485924104 | KRMN | Karman Holdings | $9.9M | 0.72% | 137,135 | Common | SOLE |
| 093712107 | BE | Bloom Energy Corp | $9.6M | 0.70% | 113,542 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc-Cl A | $9.5M | 0.69% | 39,210 | Common | SOLE |
| 88080T104 | WULF | Terawulf Inc | $8.8M | 0.64% | 772,158 | Common | SOLE |
| 00847J105 | AGYS | Agilysys | $8.8M | 0.64% | 83,321 | Common | SOLE |
| 733245104 | PRCH | Porch Group | $8.8M | 0.64% | 521,909 | Common | SOLE |
| 19046P209 | CCB | Coastal Financial Corp | $8.4M | 0.61% | 77,493 | Common | SOLE |
| 00760J108 | AEHR | Aehr Test Systems | $8.3M | 0.61% | 276,346 | Common | SOLE |
| 30303M102 | META | Meta Platforms, Inc. | $8.0M | 0.58% | 10,927 | Common | SOLE |
| 00650F109 | ADPT | Adeptive BioTechnologies | $7.9M | 0.58% | 531,317 | Common | SOLE |
| 008073108 | AVAV | Aerovironment | $7.8M | 0.57% | 24,840 | Common | SOLE |
| 030111207 | AMSC | American Superconductor | $7.6M | 0.56% | 128,220 | Common | SOLE |
| 98956A105 | ZETA | Zeta Global | $7.4M | 0.54% | 374,047 | Common | SOLE |
| M5216V106 | GLBE | Global-E Online | $7.1M | 0.52% | 198,256 | Common | SOLE |
| 64119N608 | NTSK | Netskope | $7.0M | 0.51% | 309,082 | Common | SOLE |
| 097023105 | BA | Boeing Co | $7.0M | 0.51% | 32,251 | Common | SOLE |
| 09062W204 | BLFS | Biolife Solutions | $6.7M | 0.49% | 264,005 | Common | SOLE |
| 85423L103 | SARO | StandardAero Inc | $6.7M | 0.49% | 244,591 | Common | SOLE |
| 15643U104 | LEU | Centrus Energy Corp | $6.6M | 0.48% | 21,425 | Common | SOLE |
| 74736L109 | QTWO | Q2 Holdings | $6.5M | 0.47% | 89,446 | Common | SOLE |
| 957638109 | WAL | Western Alliance Bancorp | $6.5M | 0.47% | 74,509 | Common | SOLE |
| 09352U108 | BLND | Blend Labs | $6.4M | 0.47% | 1,765,108 | Common | SOLE |
| 443201108 | HWM | Howmet Aerospace | $6.3M | 0.46% | 32,188 | Common | SOLE |
| 38141G104 | GS | Goldman Sachs Group Com | $6.2M | 0.45% | 7,763 | Common | SOLE |
| 81764X103 | TTAN | ServiceTitan | $6.2M | 0.45% | 61,166 | Common | SOLE |
| 89377M109 | TMDX | Transmedics Group Inc | $6.1M | 0.44% | 54,350 | Common | SOLE |
| 108621103 | BWB | Bridgewater Bancshares | $6.0M | 0.44% | 340,347 | Common | SOLE |
| 03831W108 | APP | Applovin | $5.9M | 0.43% | 8,217 | Common | SOLE |
| 22160K105 | COST | Costco Wholesale Corp | $5.8M | 0.42% | 6,282 | Common | SOLE |
| 000899104 | ADMA | ADMA Biologics | $5.8M | 0.42% | 395,556 | Common | SOLE |
| 833445109 | SNOW | Snowflake Inc | $5.8M | 0.42% | 25,509 | Common | SOLE |
| 82509L107 | SHOP | Shopify Inc | $5.7M | 0.41% | 38,119 | Common | SOLE |
| 68628V308 | ORN | Orion Group Holdings | $5.6M | 0.41% | 670,416 | Common | SOLE |
| 88160R101 | TSLA | Tesla Motors Inc | $5.6M | 0.41% | 12,496 | Common | SOLE |
| 70014A104 | PKE | Park AeroSpace | $5.5M | 0.40% | 272,546 | Common | SOLE |
| 49845K101 | KVYO | Klaviyo Inc | $5.5M | 0.40% | 199,397 | Common | SOLE |
| 390607109 | GLDD | Great Lakes Dredge & Doc | $5.4M | 0.39% | 446,821 | Common | SOLE |
| 01644J108 | ALKT | Alkami Technology | $5.4M | 0.39% | 215,490 | Common | SOLE |
| 974155103 | WING | Wingstop | $5.1M | 0.37% | 20,204 | Common | SOLE |
| 04302A104 | AIP | Arteris | $5.0M | 0.36% | 495,308 | Common | SOLE |
| 92537N108 | VRT | Vertiv Holdings | $5.0M | 0.36% | 33,098 | Common | SOLE |
| 52476L109 | LGN | Legence Corp | $4.9M | 0.35% | 158,049 | Common | SOLE |
| 55380K109 | MPTI | M-Tron Industries | $4.8M | 0.35% | 87,050 | Common | SOLE |
| 30049H102 | EVLV | Evolv Technologies | $4.8M | 0.35% | 637,772 | Common | SOLE |
| 38267D109 | GSHD | Goosehead Insurance | $4.7M | 0.34% | 62,559 | Common | SOLE |
| 04681Y103 | ASIC | Ategrity Specialty Holdings | $4.5M | 0.33% | 228,476 | Common | SOLE |
| G52441105 | KMTS | Kestra Medical Technology | $4.3M | 0.32% | 183,013 | Common | SOLE |
| 68401U204 | OPRX | Optimizerx Corp | $4.3M | 0.31% | 210,719 | Common | SOLE |
| 87318A101 | TWFG | TWFG Inc | $3.9M | 0.29% | 143,340 | Common | SOLE |
| 092244102 | BRCB | Black Rock Coffee Bar | $3.7M | 0.27% | 157,077 | Common | SOLE |
| 53947R105 | LOAR | Loar Holdings | $3.7M | 0.27% | 46,217 | Common | SOLE |
| 74762E102 | QURE | Quanta Services | $3.7M | 0.27% | 8,838 | Common | SOLE |
| 499049104 | KNX | Knight-Swift Transportation Ho | $3.5M | 0.26% | 89,330 | Common | SOLE |
| 69120X206 | OWLT | Owlet Inc | $3.5M | 0.25% | 409,500 | Common | SOLE |
| 92826C839 | V | Visa Inc | $3.2M | 0.24% | 9,500 | Common | SOLE |
| 68389X105 | ORCL | Oracle Corporation | $3.2M | 0.23% | 11,402 | Common | SOLE |
| 501270102 | KRUS | Kura Sushi USA | $3.1M | 0.22% | 51,666 | Common | SOLE |
| 81762P102 | NOW | ServiceNow Inc | $3.0M | 0.22% | 3,221 | Common | SOLE |
| 57636Q104 | MA | Mastercard Inc | $2.9M | 0.21% | 5,069 | Common | SOLE |
| 60937P106 | MDB | MongoDB | $2.8M | 0.20% | 8,977 | Common | SOLE |
| 05464C101 | AXON | Axon Enterprise | $2.7M | 0.19% | 3,726 | Common | SOLE |
| 40171V100 | GWRE | Guidewire Software | $2.7M | 0.19% | 11,601 | Common | SOLE |
| 36828A101 | GEV | GE Vernova | $2.6M | 0.19% | 4,187 | Common | SOLE |
| 358010106 | FEIM | Frequency Electronics | $2.5M | 0.18% | 73,066 | Common | SOLE |
| 45827U109 | INTA | Intapp | $2.4M | 0.18% | 59,757 | Common | SOLE |
| 770700102 | HOOD | Robinhood Markets | $2.4M | 0.18% | 16,956 | Common | SOLE |
| 03214Q108 | AMPX | Amprius Technologies | $2.4M | 0.18% | 228,628 | Common | SOLE |
| 149123101 | CAT | Caterpillar | $2.4M | 0.18% | 5,032 | Common | SOLE |
| 457669307 | INSM | Insmed Inc | $2.3M | 0.17% | 15,849 | Common | SOLE |
| L8681T102 | SPOT | Spotify Technology | $2.1M | 0.16% | 3,058 | Common | SOLE |
| 146869102 | CVNA | Carvana | $2.1M | 0.15% | 5,591 | Common | SOLE |
| 64110L106 | NFLX | Netflix.com | $2.0M | 0.14% | 1,631 | Common | SOLE |
| 101137107 | BSX | Boston Scientific Corp | $1.9M | 0.14% | 19,244 | Common | SOLE |
| 743315103 | PGR | Progressive Corp | $976,440 | 0.07% | 3,954 | Common | SOLE |
| 22788C105 | CRWD | Crowdstrike Holdings Inc | $956,731 | 0.07% | 1,951 | Common | SOLE |
| 825704109 | SIBN | SI-BONE Inc | $343,579 | 0.03% | 23,341 | Common | SOLE |
| 55380K125 | MPTI/WS | M-Tron Industries - Warrants | $123,110 | 0.01% | 70,349 | 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.