Next Century Growth Investors LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Next Century Growth Investors LLC reported 113 stock positions worth $1.9 billion. Its top holding was Xometry Class A (XMTR) at 3.7% of the portfolio, followed by Ligand Pharmaceuticals (LGND, 3.3%) and Alignment Healthcare (ALHC, 3.2%). Compared with Q1 2026, it opened 18 new positions, sold out of 17, added to 38 and reduced 57. The biggest buy was Ligand Pharmaceuticals (LGND, shares +107%) and the biggest sale an exit from Artivion (AORT).
- Most Recent 13F
- Q2 2026
- Location
- PLYMOUTH, MN
- CIK
- 0001134007
- Portfolio Value
- $1.9B (Q2 2026)
- SEC Filing
- 0001134007-26-000006 ↗ filed Aug 14, 2026
Holdings Value
Holdings 113 stocks · $1.9B
| XMTR Xometry Inc. Class A | 3.70% | 723,351 | $69.8M | Reduce -8.1% |
| LGND Ligand Pharmaceuticals | 3.33% | 198,542 | $62.8M | Add +107.1% |
| ALHC Alignment Healthcare Inc. | 3.20% | 2,537,598 | $60.4M | Add +12.2% |
| ATRO Astronics Corp. | 3.20% | 743,086 | $60.4M | Reduce -5.5% |
| LINC Lincoln Educational Services | 3.11% | 1,175,462 | $58.7M | Add +13.0% |
| MIRM Mirum Pharmaceuticals Inc. | 2.61% | 420,213 | $49.2M | Add +9.0% |
| BLLN Billiontoone Inc. Class A | 2.32% | 364,467 | $43.7M | Add +302.4% |
| GLBE Global-E Online Ltd. | 2.16% | 1,171,927 | $40.7M | Add +53.7% |
| UTI Universal Technical Institut | 2.15% | 949,379 | $40.6M | Reduce -0.6% |
| AXGN Axogen Inc. | 2.14% | 872,546 | $40.3M | Add +0.8% |
| AEHR Aehr Test Systems | 2.09% | 410,731 | $39.5M | Reduce -45.6% |
| AGYS Agilysys Inc. | 2.03% | 366,052 | $38.3M | Add +128.1% |
| MYRG MYR Group Inc./Delaware | 1.95% | 73,541 | $36.8M | Reduce -43.3% |
| PKE Park Aerospace Corp. | 1.94% | 957,571 | $36.5M | Add +42.5% |
| MAMA Mama's Creations Inc. | 1.88% | 1,990,717 | $35.5M | Add +14.0% |
| IPGP Ipg Photonics Corp. | 1.68% | 270,752 | $31.8M | New |
| SAIA Saia Inc. | 1.68% | 75,418 | $31.8M | Add +83.3% |
| UCTT Ultra Clean Holdings Inc. | 1.66% | 220,115 | $31.4M | Reduce -21.5% |
| RBC RBC Bearings Inc. | 1.62% | 47,561 | $30.6M | Add +20.4% |
| GH Guardant Health Inc. | 1.60% | 200,672 | $30.1M | Add +644.1% |
| FTAI Ftai Aviation Ltd. | 1.53% | 106,992 | $28.9M | Add +8.9% |
| KNX Knight-Swift Transportation | 1.53% | 370,809 | $28.9M | Add +135.4% |
| ALM Almonty Industries Inc. | 1.53% | 1,740,455 | $28.8M | Reduce -4.3% |
| INOD Innodata Inc. | 1.47% | 365,746 | $27.6M | Reduce -0.7% |
| VCEL Vericel Corp. | 1.45% | 612,584 | $27.3M | Add +301.0% |
| FPS Forgent Power Solutions Class A | 1.36% | 460,047 | $25.7M | Add +58.8% |
| CVLG Covenant Logistics Group Inc. | 1.29% | 551,906 | $24.4M | Add +87.2% |
| MTSI Macom Technology Solutions H | 1.29% | 63,773 | $24.3M | Reduce -51.0% |
| CRS Carpenter Technology | 1.26% | 38,489 | $23.7M | Reduce -32.7% |
| NVDA Nvidia Corp. | 1.20% | 113,187 | $22.6M | Reduce -0.0% |
| IRTC Irhythm Holdings Inc. | 1.18% | 187,064 | $22.3M | Add +10.5% |
| STRL Sterling Infrastructure Inc. | 1.17% | 26,209 | $22.0M | Reduce -61.1% |
| LSCC Lattice Semiconductor Corp. | 1.13% | 139,866 | $21.4M | Reduce -50.0% |
| GOOGL Alphabet Inc. Class A | 1.13% | 59,493 | $21.3M | Add +53.2% |
| AIP Arteris Inc. | 1.13% | 437,179 | $21.2M | Reduce -25.9% |
| FROG Jfrog Ltd. | 1.11% | 230,703 | $21.0M | Add +29.0% |
| HTFL Heartflow Inc. | 1.04% | 671,404 | $19.7M | Add +2.8% |
| PAY Paymentus Holdings Inc. Class A | 0.99% | 772,520 | $18.7M | Reduce -33.3% |
| SITM Sitime Corp. | 0.94% | 23,825 | $17.8M | Reduce -52.3% |
| SVCO Silvaco Group Inc. | 0.92% | 1,260,902 | $17.4M | Add +51.6% |
| DPC DPC Holdings PLC | 0.90% | 347,007 | $17.0M | New |
| ORN Orion Group Holdings Inc. | 0.88% | 988,549 | $16.6M | Add +50.5% |
| BRZE Braze Inc. Class A | 0.86% | 747,301 | $16.2M | New |
| ICHR Ichor Holdings Ltd. | 0.85% | 142,610 | $16.0M | Reduce -23.7% |
| BLFS Biolife Solutions Inc. | 0.84% | 558,829 | $15.8M | Add +54.4% |
| OUST Ouster Inc. | 0.84% | 252,227 | $15.8M | New |
| FEIM Frequency Electronics Inc. | 0.81% | 230,728 | $15.3M | Add +6.6% |
| AAPL Apple Inc. | 0.80% | 51,841 | $15.0M | Reduce -33.6% |
| BROS Dutch Bros Inc. Class A | 0.78% | 203,529 | $14.6M | Reduce -38.9% |
| TCMD Tactile Systems Technology I | 0.76% | 480,207 | $14.3M | Add +12.2% |
| AAON Aaon Inc. | 0.74% | 110,031 | $14.0M | Add +1.4% |
| ADPT Adaptive Biotechnologies | 0.69% | 609,830 | $13.1M | Add +20.9% |
| DOCN Digitalocean Holdings Inc. | 0.66% | 79,607 | $12.5M | New |
| MPTI M-Tron Industries Inc. | 0.65% | 124,173 | $12.3M | Add +14.7% |
| MRTN Marten Transport Ltd. | 0.64% | 699,305 | $12.1M | Add +67.2% |
| MXL Maxlinear Inc. | 0.64% | 93,598 | $12.0M | New |
| KMTS Kestra Medical Technologies | 0.62% | 458,505 | $11.7M | Add +0.2% |
| ATROB Astronics Corp. Class B | 0.61% | 152,050 | $11.6M | New |
| AVGO Broadcom Inc. | 0.60% | 29,740 | $11.2M | Reduce -4.9% |
| BLZE Backblaze Inc. Class A | 0.58% | 687,498 | $10.9M | New |
| MOD Modine Manufacturing Co. | 0.58% | 40,689 | $10.9M | Reduce -19.0% |
| WLDN Willdan Group Inc. | 0.53% | 126,407 | $10.0M | New |
| VELO VELO3D Inc. | 0.52% | 553,356 | $9.7M | New |
| SIBN Si-Bone Inc. | 0.51% | 585,289 | $9.6M | Add +52.4% |
| LOAR Loar Holdings Inc. | 0.50% | 116,817 | $9.4M | Reduce -6.5% |
| GE General Electric filed as GE AEROSPACE | 0.46% | 23,404 | $8.7M | Add +47.9% |
| EQPT Equipmentshare.com Inc. Class A | 0.45% | 429,623 | $8.4M | Add +89.3% |
| MSFT Microsoft Corp. | 0.43% | 21,862 | $8.2M | Reduce -27.1% |
| KRMN Karman Holdings Inc. | 0.43% | 162,015 | $8.1M | Reduce -5.4% |
| AMAT Applied Materials Inc. | 0.42% | 10,860 | $7.9M | Reduce -18.8% |
| GS Goldman Sachs Group Inc. | 0.41% | 7,625 | $7.7M | Reduce -0.0% |
| SARO Standardaero Inc. | 0.40% | 251,383 | $7.5M | Reduce -4.4% |
| GHM Graham Corp. | 0.40% | 60,499 | $7.5M | New |
| AAOI Applied Optoelectronics Inc. | 0.39% | 49,989 | $7.4M | Reduce -84.4% |
| HWM Howmet Aerospace Inc. | 0.37% | 26,283 | $7.1M | Reduce -0.0% |
| MP MP Materials Corp. | 0.36% | 122,580 | $6.9M | Reduce -4.4% |
| BWB Bridgewater Bancshares Inc. | 0.36% | 318,380 | $6.7M | Reduce -4.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.35% | 8,735 | $6.7M | Reduce -0.0% |
| TEX Terex Corp. | 0.33% | 85,033 | $6.2M | Reduce -22.0% |
| OFRM Once Upon A Farm PBC | 0.32% | 296,084 | $6.1M | Add +24.4% |
| AMD Advanced Micro Devices | 0.31% | 10,218 | $5.9M | Reduce -20.6% |
| VRT Vertiv Holdings Co. Class A | 0.29% | 16,501 | $5.5M | Reduce -48.9% |
| OLLI Ollie's Bargain Outlet Holdi | 0.28% | 69,625 | $5.4M | Reduce -47.6% |
| CAT Caterpillar Inc. | 0.28% | 4,932 | $5.3M | Reduce -29.5% |
| PL Planet Labs PBC | 0.27% | 151,686 | $5.0M | Reduce -46.1% |
| KOPN Kopin Corp. | 0.25% | 1,071,652 | $4.8M | Add +351.6% |
| SHOP Shopify Inc. Class A | 0.24% | 39,505 | $4.5M | Add +61.5% |
| META Meta Platforms Inc. Class A | 0.23% | 7,653 | $4.3M | Reduce -15.3% |
| V Visa Inc. Class A | 0.23% | 12,553 | $4.3M | Reduce -0.0% |
| BRUN Boost Run Inc. Class A | 0.22% | 105,506 | $4.1M | New |
| GKOS Glaukos Corp. | 0.21% | 28,765 | $4.0M | New |
| CAVA Cava Group Inc. | 0.21% | 51,018 | $4.0M | Reduce -44.5% |
| UMAC Unusual Machines Inc. | 0.21% | 176,254 | $3.9M | New |
| GEV GE Vernova Inc. | 0.20% | 3,276 | $3.8M | Reduce -42.5% |
| PWR Quanta Services Inc. | 0.20% | 5,291 | $3.8M | Reduce -0.0% |
| HOOD Robinhood Markets Inc. Class A | 0.19% | 36,151 | $3.6M | Reduce -0.0% |
| COHR Coherent Corp. | 0.18% | 8,418 | $3.3M | Reduce -92.3% |
| AXON Axon Enterprise Inc. | 0.15% | 5,053 | $2.8M | Reduce -44.8% |
| EVLV Evolv Technologies Holdings | 0.15% | 485,360 | $2.8M | Reduce -39.9% |
| ROKU Roku Inc. | 0.15% | 20,254 | $2.8M | Reduce -0.0% |
Portfolio Sells Q1 2026 → Q2 2026
| AORT Artivion Inc. | Sold out | 0.00% | −2.72 |
| ATEC Alphatec Holdings Inc. | Sold out | 0.00% | −1.87 |
| COHR Coherent Corp. | Reduce -92.3% | 0.18% | −1.72 |
| AAOI Applied Optoelectronics Inc. | Reduce -84.4% | 0.39% | −1.57 |
| PAY Paymentus Holdings Inc. Class A | Reduce -33.3% | 0.99% | −1.14 |
| LGN Legence Corp. Class A | Sold out | 0.00% | −0.97 |
| STRL Sterling Infrastructure Inc. | Reduce -61.1% | 1.17% | −0.82 |
| MTSI Macom Technology Solutions H | Reduce -51.0% | 1.29% | −0.81 |
| LSCC Lattice Semiconductor Corp. | Reduce -50.0% | 1.13% | −0.75 |
| APLD Applied Digital Corp. | Sold out | 0.00% | −0.74 |
| WULF Terawulf Inc. | Sold out | 0.00% | −0.73 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −0.71 |
| MYRG MYR Group Inc./Delaware | Reduce -43.3% | 1.95% | −0.70 |
| TMDX Transmedics Group Inc. | Sold out | 0.00% | −0.69 |
| AAPL Apple Inc. | Reduce -33.6% | 0.80% | −0.64 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -47.6% | 0.28% | −0.60 |
| ATRO Astronics Corp. | Reduce -5.5% | 3.20% | −0.60 |
| KRMN Karman Holdings Inc. | Reduce -5.4% | 0.43% | −0.56 |
| ADMA Adma Biologics Inc. | Sold out | 0.00% | −0.51 |
| BROS Dutch Bros Inc. Class A | Reduce -38.9% | 0.78% | −0.45 |
| AMZN Amazon.com Inc. | Reduce -70.7% | 0.13% | −0.39 |
| ALM Almonty Industries Inc. | Reduce -4.3% | 1.53% | −0.38 |
| WAY Waystar Holding Corp. | Sold out | 0.00% | −0.38 |
| CRS Carpenter Technology | Reduce -32.7% | 1.26% | −0.37 |
| MSFT Microsoft Corp. | Reduce -27.1% | 0.43% | −0.37 |
| UTI Universal Technical Institut | Reduce -0.6% | 2.15% | −0.35 |
| BE Bloom Energy Corp. Class A | Reduce -87.0% | 0.09% | −0.35 |
| CAVA Cava Group Inc. | Reduce -44.5% | 0.21% | −0.33 |
| SITM Sitime Corp. | Reduce -52.3% | 0.94% | −0.31 |
| YSS York Space Systems Inc. | Sold out | 0.00% | −0.31 |
| ZETA Zeta Global Holdings Corp. Class A | Sold out | 0.00% | −0.30 |
| PL Planet Labs PBC | Reduce -46.1% | 0.27% | −0.30 |
| VRT Vertiv Holdings Co. Class A | Reduce -48.9% | 0.29% | −0.29 |
| PEGA Pegasystems Inc. | Sold out | 0.00% | −0.25 |
| KNSL Kinsale Capital Group Inc. | Sold out | 0.00% | −0.24 |
| NVDA Nvidia Corp. | Reduce -0.0% | 1.20% | −0.23 |
| MOD Modine Manufacturing Co. | Reduce -19.0% | 0.58% | −0.21 |
| EVLV Evolv Technologies Holdings | Reduce -39.9% | 0.15% | −0.20 |
| LEU Centrus Energy Corp. Class A | Sold out | 0.00% | −0.18 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.17 |
| WING Wingstop Inc. | Sold out | 0.00% | −0.17 |
| TSLA Tesla Inc. | Reduce -48.5% | 0.12% | −0.16 |
| INSM Insmed Inc. | Reduce -0.0% | 0.15% | −0.16 |
| GEV GE Vernova Inc. | Reduce -42.5% | 0.20% | −0.16 |
| META Meta Platforms Inc. Class A | Reduce -15.3% | 0.23% | −0.15 |
| TEX Terex Corp. | Reduce -22.0% | 0.33% | −0.14 |
| AXON Axon Enterprise Inc. | Reduce -44.8% | 0.15% | −0.13 |
| CVNA Carvana Co. | Sold out | 0.00% | −0.13 |
| AVGO Broadcom Inc. | Reduce -4.9% | 0.60% | −0.11 |
| SARO Standardaero Inc. | Reduce -4.4% | 0.40% | −0.09 |
Portfolio Buys Q1 2026 → Q2 2026
| LGND Ligand Pharmaceuticals | Add +107.1% | 3.33% | +1.94 |
| BLLN Billiontoone Inc. Class A | Add +302.4% | 2.32% | +1.80 |
| IPGP Ipg Photonics Corp. | New | 1.68% | +1.68 |
| GH Guardant Health Inc. | Add +644.1% | 1.60% | +1.42 |
| AGYS Agilysys Inc. | Add +128.1% | 2.03% | +1.20 |
| VCEL Vericel Corp. | Add +301.0% | 1.45% | +1.09 |
| DPC DPC Holdings PLC | New | 0.90% | +0.90 |
| KNX Knight-Swift Transportation | Add +135.4% | 1.53% | +0.87 |
| BRZE Braze Inc. Class A | New | 0.86% | +0.86 |
| OUST Ouster Inc. | New | 0.84% | +0.84 |
| FPS Forgent Power Solutions Class A | Add +58.8% | 1.36% | +0.75 |
| CVLG Covenant Logistics Group Inc. | Add +87.2% | 1.29% | +0.71 |
| DOCN Digitalocean Holdings Inc. | New | 0.66% | +0.66 |
| SAIA Saia Inc. | Add +83.3% | 1.68% | +0.64 |
| MXL Maxlinear Inc. | New | 0.64% | +0.64 |
| ATROB Astronics Corp. Class B | New | 0.61% | +0.61 |
| PKE Park Aerospace Corp. | Add +42.5% | 1.94% | +0.60 |
| BLZE Backblaze Inc. Class A | New | 0.58% | +0.58 |
| WLDN Willdan Group Inc. | New | 0.53% | +0.53 |
| VELO VELO3D Inc. | New | 0.52% | +0.52 |
| FROG Jfrog Ltd. | Add +29.0% | 1.11% | +0.50 |
| SVCO Silvaco Group Inc. | Add +51.6% | 0.92% | +0.50 |
| GLBE Global-E Online Ltd. | Add +53.7% | 2.16% | +0.45 |
| GHM Graham Corp. | New | 0.40% | +0.40 |
| ORN Orion Group Holdings Inc. | Add +50.5% | 0.88% | +0.36 |
| BLFS Biolife Solutions Inc. | Add +54.4% | 0.84% | +0.34 |
| GOOGL Alphabet Inc. Class A | Add +53.2% | 1.13% | +0.32 |
| ALHC Alignment Healthcare Inc. | Add +12.2% | 3.20% | +0.31 |
| MRTN Marten Transport Ltd. | Add +67.2% | 0.64% | +0.25 |
| BRUN Boost Run Inc. Class A | New | 0.22% | +0.22 |
| KOPN Kopin Corp. | Add +351.6% | 0.25% | +0.22 |
| GKOS Glaukos Corp. | New | 0.21% | +0.21 |
| UMAC Unusual Machines Inc. | New | 0.21% | +0.21 |
| ADPT Adaptive Biotechnologies | Add +20.9% | 0.69% | +0.19 |
| SIBN Si-Bone Inc. | Add +52.4% | 0.51% | +0.15 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.14% | +0.14 |
| GE General Electric | Add +47.9% | 0.46% | +0.14 |
| ANET Arista Networks Inc. | New | 0.13% | +0.13 |
| MPTI M-Tron Industries Inc. | Add +14.7% | 0.65% | +0.13 |
| MRVL Marvell Technology Inc. | New | 0.12% | +0.12 |
| FEIM Frequency Electronics Inc. | Add +6.6% | 0.81% | +0.12 |
| EQPT Equipmentshare.com Inc. Class A | Add +89.3% | 0.45% | +0.11 |
| AAON Aaon Inc. | Add +1.4% | 0.74% | +0.09 |
| RBC RBC Bearings Inc. | Add +20.4% | 1.62% | +0.07 |
| AXGN Axogen Inc. | Add +0.8% | 2.14% | +0.06 |
| LINC Lincoln Educational Services | Add +13.0% | 3.11% | +0.04 |
| OFRM Once Upon A Farm PBC | Add +24.4% | 0.32% | +0.04 |
| LGCY Legacy Education Inc. | New | 0.04% | +0.04 |
| SHOP Shopify Inc. Class A | Add +61.5% | 0.24% | +0.03 |
| MIRM Mirum Pharmaceuticals Inc. | Add +9.0% | 2.61% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 113 | $1.9B | XMTR, LGND, ALHC, ATRO, LINC |
| Q1 2026 | 112 | $1.4B | ATRO, LINC, ALHC, AORT, MYRG |
| Q4 2025 | 120 | $1.4B | ATRO, ATEC, XMTR, AORT, ALHC |
| Q3 2025 | 123 | $1.4B | ATRO, AORT, XMTR, ALHC, UTI |
| Q2 2025 | 122 | $1.3B | ATRO, PAY, STRL, IRTC, UTI |
| Q1 2025 | 122 | $1.1B | WGS, PAY, ALHC, ATRO, PAR |
| Q4 2024 | 130 | $1.3B | PAY, PAR, GDYN, VCEL, ACVA |
| Q3 2024 | 127 | $1.2B | ATRO, TNDM, TMDX, VRRM, RXST |
| Q2 2024 | 122 | $1.2B | TMDX, ATRO, VRRM, NSSC, TNDM |
| Q1 2024 | 120 | $1.2B | ATRO, VERX, VRRM, TMDX, LGIH |