Latest NEXT CENTURY GROWTH INVESTORS LLC Stock Portfolio

NEXT CENTURY GROWTH INVESTORS LLC Performance:

2025 Q4: 5.04%YTD: 16.6%2024: 32.96%

Performance for 2025 Q4 is 5.04%, and YTD is 16.6%, and 2024 is 32.96%.

About NEXT CENTURY GROWTH INVESTORS LLC and 13F Hedge Fund Stock Holdings

On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, NEXT CENTURY GROWTH INVESTORS LLC reported an equity portfolio of $1.4 Billions as of 31 Dec, 2025.

The top stock holdings of NEXT CENTURY GROWTH INVESTORS LLC are ATRO, ATEC, XMTR. The fund has invested 4% of it's portfolio in ASTRONICS CORP and 3.5% of portfolio in ALPHATEC HOLDINGS INC.

The fund managers got completely rid off ARGAN INC (AGX), AVEPOINT INC (AVPT) and ELF BEAUTY (ELF) stocks. They significantly reduced their stock positions in GREAT LAKES DREDGE & DOC (GLDD), IMPINJ INC (PI) and LIMBACH HOLDINGS (LMB). NEXT CENTURY GROWTH INVESTORS LLC opened new stock positions in AXOGEN INC (AXGN), ALMONTY INDUSTRIES and APPLIED OPTOELECTRONICS (AAOI). The fund showed a lot of confidence in some stocks as they added substantially to SI-BONE INC (SIBN), FREQUENCY ELECTRONICS (FEIM) and ADMA BIOLOGICS (ADMA).

NEXT CENTURY GROWTH INVESTORS LLC Annual Return Estimates Vs S&P 500

Our best estimate is that NEXT CENTURY GROWTH INVESTORS LLC made a return of 5.04% in the last quarter. In trailing 12 months, it's portfolio return was 16.6%.

Performance
S&P 500

New Buys

Ticker	$ Bought
axogen inc	26,180,100
almonty industries	16,344,800
applied optoelectronics	16,219,900
tactile systems	11,309,400
pegasystems	6,967,290
phathom pharmaceuticals	6,532,710
figure technology solutions	6,412,570
tat technologies	5,902,000

New stocks bought by NEXT CENTURY GROWTH INVESTORS LLC

Additions

Ticker	% Inc.
si-bone inc	508
frequency electronics	200
adma biologics	178
kestra medical technology	154
optimizerx corp	139
coastal financial corp	129
robinhood markets	116
innodata inc	107

Additions to existing portfolio by NEXT CENTURY GROWTH INVESTORS LLC

Reductions

Ticker	% Reduced
great lakes dredge & doc	-93.17
impinj inc	-83.33
limbach holdings	-75.3
boeing co	-66.41
costco wholesale corp	-64.31
m-tron industries - warrants	-60.25
bloom energy corp	-59.68
goosehead insurance	-58.36

NEXT CENTURY GROWTH INVESTORS LLC reduced stake in above stock

Sold off

Ticker	$ Sold
blend labs	-6,442,640
avepoint inc	-15,440,200
porch group	-8,757,630
amprius technologies	-2,405,170
alkami technology	-5,352,770
klaviyo inc	-5,521,300
twfg inc	-3,933,250
american superconductor	-7,614,980

NEXT CENTURY GROWTH INVESTORS LLC got rid off the above stocks

Sector Distribution

NEXT CENTURY GROWTH INVESTORS LLC has about 24.6% of it's holdings in Technology sector.

Sector	%
Technology	24.6
Healthcare	23.9
Industrials	21.5
Others	11.1
Financial Services	5.7
Consumer Defensive	4.9
Consumer Cyclical	3.1
	2.7
Communication Services	1.3

Market Cap. Distribution

NEXT CENTURY GROWTH INVESTORS LLC has about 30.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	35.5
SMALL-CAP	22.2
LARGE-CAP	20.8
UNALLOCATED	11.1
MEGA-CAP	9.6

Stocks belong to which Index?

About 66.2% of the stocks held by NEXT CENTURY GROWTH INVESTORS LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	55.3
Others	33.9
S&P 500	10.9

Top 5 Winners (%)		%
OWLT	owlet inc	78.5 %
COHR	coherent corp	70.3 %
AIP	arteris	53.4 %
ATEC	alphatec holdings inc	42.9 %
PL	planet labs pbc	41.5 %

Top 5 Winners ($)		$
ATEC	alphatec holdings inc	15.3 M
ATRO	astronics corp	9.8 M
PL	planet labs pbc	9.6 M
COHR	coherent corp	7.8 M
MTSI	macom technology solutions hol	6.8 M

Top 5 Losers (%)		%
OPRX	optimizerx corp	-32.3 %
ORCL	oracle corporation	-30.7 %
MPTI	m-tron industries - warrants	-29.9 %
INOD	innodata inc	-27.5 %
AEHR	aehr test systems	-26.9 %

Top 5 Losers ($)		$
UTI	universal technical institute	-7.2 M
INOD	innodata inc	-7.1 M
PGY	pagaya technologies	-4.2 M
AEHR	aehr test systems	-4.1 M
OPRX	optimizerx corp	-3.0 M

NEXT CENTURY GROWTH INVESTORS LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of NEXT CENTURY GROWTH INVESTORS LLC

NEXT CENTURY GROWTH INVESTORS LLC has 121 stocks in it's portfolio. About 28.1% of the portfolio is in top 10 stocks. UTI proved to be the most loss making stock for the portfolio. ATEC was the most profitable stock for NEXT CENTURY GROWTH INVESTORS LLC last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAOI	applied optoelectronics	1.13	465,288	16,219,900	new

AAON	aaon inc	0.74	139,381	10,627,800	added	18.89

AAPL	apple computer inc	1.50	79,402	21,586,200	added	10.93

ADMA	adma biologics	1.39	1,100,770	20,078,100	added	178

ADPT	adaptive biotechnologies	1.06	943,597	15,324,000	added	77.6

AEHR	aehr test systems	0.78	552,506	11,155,100	added	99.93

AGX	argan inc	0.00	0.00	0.00	sold off	-100

AGYS	agilysys	0.69	82,990	9,862,530	reduced	-0.4

AIP	arteris	0.53	493,367	7,647,190	reduced	-0.39

ALHC	alignment healthcare	3.17	2,308,290	45,588,700	added	1.56

ALKT	alkami technology	0.00	0.00	0.00	sold off	-100

AMD	advanced micro devices	0.20	13,086	2,802,500	new

AMPX	amprius technologies	0.00	0.00	0.00	sold off	-100

AMSC	american superconductor	0.00	0.00	0.00	sold off	-100

AMZN	amazon.com	0.82	51,436	11,872,500	added	0.03

AORT	artivion inc	3.31	1,044,400	47,634,900	reduced	-0.39

APLD	applied digital corp	1.36	797,237	19,548,300	added	30.65

APP	applovin	0.38	8,190	5,518,580	reduced	-0.33

ATEC	alphatec holdings inc	3.53	2,418,300	50,881,000	added	6.09

ATRO	astronics corp	4.02	1,067,610	57,907,300	reduced	-12.08