Needham Investment Management LLC

Name: NEEDHAM INVESTMENT MANAGEMENT LLC 13F holdings, Q1 2024
Creator: NEEDHAM INVESTMENT MANAGEMENT LLC
Published: 2024-05-15

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Needham Investment Management LLC reported 131 stock positions worth $1.1 billion. Its top holding was Super Micro Computer (SMCI) at 11.7% of the portfolio, followed by Aspen Aerogels (ASPN, 4.9%) and PDF Solutions (PDFS, 3.5%). Compared with Q4 2023, it opened 7 new positions, sold out of 6, added to 61 and reduced 14. The biggest buy was a new position in Vital Farms (VITL) and the biggest sale an exit from Alteryx Class A (AYX).

Most Recent 13F: Q2 2026
Location: NEW YORK, NY
CIK: 0001167212
Portfolio Value: $1.1B (Q1 2024)
SEC Filing: 0000919574-24-003024 ↗ filed May 15, 2024

Holdings Value

Holdings 131 stocks · $1.1B


SMCI Super Micro Computer Inc.	11.70%	124,700	$126.0M	Reduce -36.7%
ASPN Aspen Aerogels Inc.	4.91%	3,002,200	$52.8M	Add +1.2%
PDFS PDF Solutions Inc.	3.50%	1,120,000	$37.7M	Add +29.9%
ENTG Entegris Inc.	3.05%	233,500	$32.8M	No change
NVMI Nova Ltd.	3.03%	183,550	$32.6M	Reduce -1.7%
VICR Vicor Corp.	2.77%	780,000	$29.8M	Add +43.1%
FORM Formfactor Inc.	2.67%	630,000	$28.7M	Add +9.1%
LASR Nlight Inc.	2.18%	1,802,740	$23.4M	Add +43.3%
MKSI MKS Inc. filed as MKS INSTRS INC	2.14%	173,000	$23.0M	Reduce -7.5%
VRT Vertiv Holdings Co. Class A	1.87%	246,500	$20.1M	Add +5.6%
VECO Veeco Instruments Inc.	1.84%	562,500	$19.8M	Add +32.4%
UIS Unisys Corp.	1.80%	3,940,000	$19.3M	Add +45.9%
VPG Vishay Precision Group	1.79%	545,000	$19.3M	Add +44.4%
PLAB Photronics Inc.	1.70%	644,500	$18.3M	Add +2.5%
PSN Parsons Corp.	1.69%	218,850	$18.2M	Add +3.7%
TMO Thermo Fisher Scientific Inc.	1.58%	29,250	$17.0M	No change
ODC Oil-Dri Corp. of America	1.35%	195,000	$14.5M	Add +43.9%
THR Thermon Group Holdings Inc.	1.22%	400,000	$13.1M	Add +107.8%
LH Laboratory CRP of Amer Hldgs	1.19%	58,863	$12.9M	No change
AIP Arteris Inc.	1.18%	1,735,000	$12.7M	Add +71.8%
ALTR Altair Engineering Inc. Class A	1.17%	146,750	$12.6M	Add +54.8%
TTMI TTM Technologies	1.17%	803,500	$12.6M	No change
CLH Clean Harbors Inc.	1.13%	60,356	$12.2M	Add +3.5%
CMCSA Comcast Corp. Class A	1.09%	270,000	$11.7M	No change
KMX Carmax Inc.	1.07%	132,250	$11.5M	Add +7.5%
KLAC KLA Corp.	1.04%	16,000	$11.2M	Reduce -5.9%
LGTY Logility Supply Chain Soluti filed as AMER SOFTWARE INC	1.04%	975,000	$11.2M	Add +129.4%
COHR Coherent Corp.	1.03%	183,000	$11.1M	No change
CRAI Cra International Inc.	1.01%	73,000	$10.9M	Add +41.8%
CRI Carter's Inc.	1.01%	128,250	$10.9M	Add +47.0%
ASUR Asure Software Inc.	1.00%	1,385,000	$10.8M	Add +326.1%
FARO Faro Technologies Inc.	0.99%	497,200	$10.7M	Add +49.7%
BFAM Bright Horizons Family Solut	0.94%	89,500	$10.1M	Add +32.6%
TDUP Thredup Inc. Class A	0.91%	4,900,000	$9.8M	Add +157.6%
ARLO Arlo Technologies Inc.	0.88%	750,000	$9.5M	Add +212.5%
KVHI KVH Industries Inc.	0.87%	1,828,867	$9.3M	Reduce -1.0%
MTRX Matrix Service Co.	0.85%	705,000	$9.2M	Add +98.6%
CGNX Cognex Corp.	0.82%	209,000	$8.9M	Add +106.9%
SMID Smith-Midland Corp.	0.80%	182,500	$8.6M	Add +1.4%
WAB Wabtec Corp.	0.79%	58,000	$8.4M	Reduce -8.7%
VITL Vital Farms Inc.	0.76%	350,000	$8.1M	New
GENI Genius Sports Ltd.	0.68%	1,275,000	$7.3M	Add +142.9%
AXTI Axt Inc.	0.67%	1,571,000	$7.2M	Reduce -26.1%
AKAM Akamai Technologies Inc.	0.67%	66,000	$7.2M	Add +22.2%
KVYO Klaviyo Inc. Class A	0.66%	280,000	$7.1M	Add +286.2%
ZUO Zuora Inc. Class A	0.65%	772,500	$7.0M	Reduce -1.6%
RSSS Research Solutions Inc.	0.59%	2,012,500	$6.4M	Add +57.8%
ADTN Adtran Holdings Inc.	0.59%	1,165,000	$6.3M	Reduce -17.7%
BRKR Bruker Corp.	0.58%	66,500	$6.2M	Add +12.2%
MATV Mativ Holdings Inc.	0.58%	332,500	$6.2M	Add +66.3%
AE Adams Resources & Energy Inc.	0.57%	210,000	$6.1M	Add +53.3%
HLIT Harmonic Inc.	0.56%	450,000	$6.0M	Add +28.6%
ECVT Ecovyst Inc.	0.52%	500,000	$5.6M	New
NTIC Northern Technologies Intl	0.50%	400,000	$5.4M	Add +53.9%
AAPL Apple Inc.	0.49%	30,750	$5.3M	No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC	0.46%	57,000	$5.0M	No change
CMT Core Molding Technologies Inc.	0.45%	255,000	$4.8M	Add +104.0%
ASML ASML Holding NV-NY Reg SHS	0.45%	4,950	$4.8M	No change
NVT Nvent Electric PLC	0.44%	63,000	$4.8M	Add +103.2%
GNRC Generac Holdings Inc.	0.44%	37,500	$4.7M	Add +7.1%
VSAT Viasat Inc.	0.44%	260,000	$4.7M	Add +19.5%
NVGS Navigator Holdings Ltd.	0.44%	306,000	$4.7M	No change
GILD Gilead Sciences Inc.	0.44%	64,000	$4.7M	No change
HON Honeywell International Inc.	0.43%	22,500	$4.6M	No change
BDX Becton Dickinson and Co.	0.42%	18,250	$4.5M	No change
HQL Abrdn Life Sciences Investor	0.42%	330,229	$4.5M	Add +5.2%
MDT Medtronic PLC	0.41%	51,041	$4.4M	No change
FEIM Frequency Electronics Inc.	0.41%	407,850	$4.4M	Reduce -5.2%
MXL Maxlinear Inc.	0.41%	237,500	$4.4M	Add +9.2%
CYRX Cryoport Inc.	0.41%	250,000	$4.4M	Add +11.1%
BA The Boeing Co.	0.40%	22,500	$4.3M	No change
FTRE Fortrea Holdings Inc.	0.39%	105,263	$4.2M	Add +12.6%
INFN Infinera Corp.	0.39%	700,000	$4.2M	Reduce -12.5%
ATRO Astronics Corp.	0.39%	220,000	$4.2M	New
EHC Encompass Health Corp.	0.38%	50,000	$4.1M	No change
HQH Abrdn Healthcare Investors	0.37%	239,006	$4.0M	Add +5.3%
ROG Rogers Corp.	0.33%	30,000	$3.6M	Add +50.0%
SITM Sitime Corp.	0.32%	37,400	$3.5M	Add +120.0%
CMBMF Cambium Networks Corp.	0.32%	806,750	$3.5M	Reduce -8.5%
HII Huntington Ingalls Industrie	0.32%	11,800	$3.4M	Add +34.9%
MKL Markel Group Inc.	0.31%	2,200	$3.3M	Add +2.3%
MRVL Marvell Technology Inc.	0.30%	45,750	$3.2M	No change
P Everpure Inc. Class A filed as PURE STORAGE INC	0.29%	60,000	$3.1M	Reduce -25.0%
TRNS Transcat Inc.	0.28%	27,500	$3.1M	Add +17.0%
LAB Standard Biotools Inc.	0.28%	1,124,435	$3.0M	No change
LITE Lumentum Holdings Inc.	0.26%	60,000	$2.8M	Add +200.0%
CMRC Commerce.com Inc. filed as BIGCOMMERCE HLDGS INC	0.26%	400,000	$2.8M	No change
CRH CRH PLC	0.25%	31,750	$2.7M	Add +27.0%
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP	0.25%	52,500	$2.7M	No change
HA Hawaiian Holdings Inc.	0.25%	200,000	$2.7M	No change
EQIX Equinix Inc.	0.24%	3,100	$2.6M	Add +47.6%
OMCL Omnicell Inc.	0.24%	87,500	$2.6M	Add +59.1%
LMAT Lemaitre Vascular Inc.	0.24%	38,500	$2.6M	No change
CIEN Ciena Corp.	0.23%	50,000	$2.5M	No change
GTLS Chart Industries Inc.	0.23%	15,000	$2.5M	Add +50.0%
LRCX Lam Research Corp.	0.23%	2,500	$2.4M	No change
TER Teradyne Inc.	0.22%	20,750	$2.3M	Add +93.0%
CMTL Comtech Telecommunications	0.21%	650,000	$2.2M	New
BMI Badger Meter Inc.	0.20%	13,500	$2.2M	New
APT Alpha Pro Tech Ltd.	0.20%	350,000	$2.2M	Add +59.1%
ADI Analog Devices Inc.	0.18%	10,000	$2.0M	No change
BN Brookfield Corp.	0.18%	46,294	$1.9M	No change
YEXT Yext Inc.	0.18%	315,000	$1.9M	Add +5.0%
AMAT Applied Materials Inc.	0.17%	9,000	$1.9M	No change
MRCY Mercury Systems Inc.	0.16%	60,000	$1.8M	Add +50.0%
NSLR Neostellar Capital Corp. filed as SURO CAPITAL CORP	0.16%	381,588	$1.7M	No change
POCI Precision Optics Corp. Inc.	0.15%	300,000	$1.7M	No change
CALX Calix Inc.	0.15%	50,000	$1.7M	New
ACVA Acv Auctions Inc. Class A	0.15%	86,500	$1.6M	No change
CVX Chevron Corp.	0.13%	9,000	$1.4M	No change
EDUC Educational Development Corp.	0.13%	675,000	$1.4M	Add +20.5%
GLW Corning Inc.	0.12%	40,000	$1.3M	No change
VSH Vishay Intertechnology Inc.	0.12%	55,000	$1.2M	No change
ALGM Allegro Microsystems Inc.	0.11%	45,000	$1.2M	No change
DGX Quest Diagnostics Inc.	0.11%	8,500	$1.1M	No change
MTN Vail Resorts Inc.	0.10%	5,000	$1.1M	No change
LUV Southwest Airlines Co.	0.10%	35,250	$1.0M	No change
VZ Verizon Communications Inc.	0.08%	20,000	$839K	No change
GTHX G1 Therapeutics Inc.	0.07%	180,000	$778K	No change
GOOGL Alphabet Inc. Class A	0.07%	5,000	$755K	No change
RTX RTX Corp.	0.06%	7,000	$683K	New
IVAC Intevac Inc.	0.05%	145,000	$557K	No change
BAM Brookfield Asset Mgmt-A	0.05%	12,570	$529K	No change
AEIS Advanced Energy Industries	0.05%	5,000	$510K	Reduce -70.7%
UGI Ugi Corp.	0.05%	20,000	$491K	No change
HPE Hewlett Packard Enterprise	0.05%	27,500	$488K	No change
EHAB Enhabit Inc.	0.04%	35,000	$408K	No change
KRP Kimbell Royalty Partners LP	0.04%	25,424	$395K	No change
BHE Benchmark Electronics Inc.	0.03%	12,300	$369K	No change
BNT Brookfield Reins Ltd.	0.03%	8,000	$334K	No change
VCSA Vacasa Inc. Class A	0.03%	46,723	$319K	No change

Portfolio Sells Q4 2023 → Q1 2024


AYX Alteryx Inc. Class A	Sold out	0.00%	−1.76
ADTN Adtran Holdings Inc.	Reduce -17.7%	0.59%	−0.72
KVHI KVH Industries Inc.	Reduce -1.0%	0.87%	−0.36
CMBMF Cambium Networks Corp.	Reduce -8.5%	0.32%	−0.34
MKSI MKS Inc.	Reduce -7.5%	2.14%	−0.29
ZUO Zuora Inc. Class A	Reduce -1.6%	0.65%	−0.28
UCTT Ultra Clean Holdings Inc.	Sold out	0.00%	−0.25
WAB Wabtec Corp.	Reduce -8.7%	0.79%	−0.23
NVMI Nova Ltd.	Reduce -1.7%	3.03%	−0.21
KLAC KLA Corp.	Reduce -5.9%	1.04%	−0.21
ICHR Ichor Holdings Ltd.	Sold out	0.00%	−0.20
AEIS Advanced Energy Industries	Reduce -70.7%	0.05%	−0.19
FEIM Frequency Electronics Inc.	Reduce -5.2%	0.41%	−0.18
INFN Infinera Corp.	Reduce -12.5%	0.39%	−0.09
P Everpure Inc. Class A	Reduce -25.0%	0.29%	−0.07
GVP Gse Systems Inc.	Sold out	0.00%	−0.02
VIAOY Via Optronics Holding AG	Sold out	0.00%	−0.01
ALLBIRDS INC-CL A	Sold out	0.00%	−0.01
AXTI Axt Inc.	Reduce -26.1%	0.67%	+0.03
SMCI Super Micro Computer Inc.	Reduce -36.7%	11.70%	+4.63

Portfolio Buys Q4 2023 → Q1 2024


VITL Vital Farms Inc.	New	0.76%	+0.76
ASUR Asure Software Inc.	Add +326.1%	1.00%	+0.61
ARLO Arlo Technologies Inc.	Add +212.5%	0.88%	+0.59
ECVT Ecovyst Inc.	New	0.52%	+0.52
VRT Vertiv Holdings Co. Class A	Add +5.6%	1.87%	+0.45
LGTY Logility Supply Chain Soluti	Add +129.4%	1.04%	+0.43
AIP Arteris Inc.	Add +71.8%	1.18%	+0.43
THR Thermon Group Holdings Inc.	Add +107.8%	1.22%	+0.42
MTRX Matrix Service Co.	Add +98.6%	0.85%	+0.42
KVYO Klaviyo Inc. Class A	Add +286.2%	0.66%	+0.41
ATRO Astronics Corp.	New	0.39%	+0.39
CRAI Cra International Inc.	Add +41.8%	1.01%	+0.37
TDUP Thredup Inc. Class A	Add +157.6%	0.91%	+0.37
CGNX Cognex Corp.	Add +106.9%	0.82%	+0.29
GENI Genius Sports Ltd.	Add +142.9%	0.68%	+0.27
NVT Nvent Electric PLC	Add +103.2%	0.44%	+0.21
CMTL Comtech Telecommunications	New	0.21%	+0.21
ODC Oil-Dri Corp. of America	Add +43.9%	1.35%	+0.20
BMI Badger Meter Inc.	New	0.20%	+0.20
MATV Mativ Holdings Inc.	Add +66.3%	0.58%	+0.19
CRI Carter's Inc.	Add +47.0%	1.01%	+0.18
VECO Veeco Instruments Inc.	Add +32.4%	1.84%	+0.17
RSSS Research Solutions Inc.	Add +57.8%	0.59%	+0.17
ALTR Altair Engineering Inc. Class A	Add +54.8%	1.17%	+0.17
VPG Vishay Precision Group	Add +44.4%	1.79%	+0.17
CMT Core Molding Technologies Inc.	Add +104.0%	0.45%	+0.16
CALX Calix Inc.	New	0.15%	+0.15
BFAM Bright Horizons Family Solut	Add +32.6%	0.94%	+0.14
LITE Lumentum Holdings Inc.	Add +200.0%	0.26%	+0.13
NTIC Northern Technologies Intl	Add +53.9%	0.50%	+0.11
AE Adams Resources & Energy Inc.	Add +53.3%	0.57%	+0.11
TER Teradyne Inc.	Add +93.0%	0.22%	+0.07
RTX RTX Corp.	New	0.06%	+0.06
SITM Sitime Corp.	Add +120.0%	0.32%	+0.06
GTLS Chart Industries Inc.	Add +50.0%	0.23%	+0.06
APT Alpha Pro Tech Ltd.	Add +59.1%	0.20%	+0.06
FARO Faro Technologies Inc.	Add +49.7%	0.99%	+0.05
EDUC Educational Development Corp.	Add +20.5%	0.13%	+0.05
CRH CRH PLC	Add +27.0%	0.25%	+0.04
LASR Nlight Inc.	Add +43.3%	2.18%	+0.03
HII Huntington Ingalls Industrie	Add +34.9%	0.32%	+0.03
BRKR Bruker Corp.	Add +12.2%	0.58%	+0.03
EQIX Equinix Inc.	Add +47.6%	0.24%	+0.02
PSN Parsons Corp.	Add +3.7%	1.69%	+0.02
PDFS PDF Solutions Inc.	Add +29.9%	3.50%	+0.00
ROG Rogers Corp.	Add +50.0%	0.33%	−0.00
HLIT Harmonic Inc.	Add +28.6%	0.56%	−0.01
FTRE Fortrea Holdings Inc.	Add +12.6%	0.39%	−0.02
MRCY Mercury Systems Inc.	Add +50.0%	0.16%	−0.02
OMCL Omnicell Inc.	Add +59.1%	0.24%	−0.02

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	176	$3.3B	VICR, AIP, VSH, PDFS, LASR
Q1 2026	176	$2.0B	LASR, VICR, VRT, PDFS, AIP
Q4 2025	162	$1.6B	LASR, VICR, PDFS, AIP, VRT
Q3 2025	161	$1.4B	SMCI, TDUP, LASR, PDFS, VRT
Q2 2025	150	$1.3B	SMCI, TDUP, PDFS, VRT, LASR
Q1 2025	150	$1.1B	SMCI, VICR, PDFS, FARO, NVMI
Q4 2024	150	$1.3B	PDFS, SMCI, VICR, UIS, NVMI
Q3 2024	146	$1.3B	ASPN, PDFS, SMCI, VICR, NVMI
Q2 2024	141	$1.2B	SMCI, ASPN, PDFS, NVMI, FORM
Q1 2024	131	$1.1B	SMCI, ASPN, PDFS, ENTG, NVMI