Next Century Growth Investors LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Next Century Growth Investors LLC reported 120 stock positions worth $1.2 billion. Its top holding was Astronics (ATRO) at 3.7% of the portfolio, followed by Vertex Class A (VERX, 3.5%) and Verra Mobility (VRRM, 3.1%). Compared with Q4 2023, it opened 14 new positions, sold out of 10, added to 84 and reduced 22. The biggest buy was Tandem Diabetes Care (TNDM, shares +85%) and the biggest sale an exit from Axonics.

Most Recent 13F
Q2 2026
Location
PLYMOUTH, MN
CIK
0001134007
Portfolio Value
$1.2B (Q1 2024)
SEC Filing
0001134007-24-000004 ↗ filed May 14, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.2B $1.2B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.1B Q1 2025 Q2 2025: $1.3B Q2 2025 Q3 2025: $1.4B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $1.4B Q1 2026 Q2 2026: $1.9B Q2 2026

Holdings 120 stocks · $1.2B
ATRO Astronics Corp. 3.69% 2,230,661 $42.5M Add +0.4%
VERX Vertex Inc. Class A 3.52% 1,275,087 $40.5M Reduce -1.7%
VRRM Verra Mobility Corp. 3.07% 1,414,247 $35.3M Reduce -21.0%
TMDX Transmedics Group Inc. 3.03% 472,215 $34.9M Add +2.0%
LGIH Lgi Homes Inc. 2.75% 271,880 $31.6M Add +2.0%
TNDM Tandem Diabetes Care Inc. 2.62% 852,879 $30.2M Add +84.8%
SPT Sprout Social Inc. Class A 2.61% 503,928 $30.1M Add +1.9%
FLYW Flywire Corp.-Voting 2.61% 1,212,386 $30.1M Add +1.9%
NSSC Napco Security Technologies 2.57% 736,807 $29.6M Add +1.8%
KNSL Kinsale Capital Group Inc. 2.44% 53,552 $28.1M Reduce -12.4%
QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC 2.37% 519,354 $27.3M Add +2.0%
RXST Rxsight Inc. 2.29% 510,513 $26.3M Reduce -22.3%
AVAV Aerovironment Inc. 2.28% 171,419 $26.3M Add +1.7%
SAIA Saia Inc. 2.14% 42,112 $24.6M Reduce -2.7%
FRPT Freshpet Inc. 1.96% 194,319 $22.5M Add +13.0%
ATEC Alphatec Holdings Inc. 1.90% 1,584,925 $21.9M Reduce -19.8%
VCEL Vericel Corp. 1.80% 399,170 $20.8M Add +92.1%
KRUS Kura Sushi USA Inc. Class A 1.72% 172,009 $19.8M Reduce -17.8%
MYRG MYR Group Inc./Delaware 1.65% 107,430 $19.0M Add +1.5%
MSFT Microsoft Corp. 1.58% 43,203 $18.2M Add +1.4%
CELH Celsius Holdings Inc. 1.56% 216,856 $18.0M Reduce -34.3%
SIBN Si-Bone Inc. 1.52% 1,070,166 $17.5M Reduce -23.5%
MTSI Macom Technology Solutions H 1.48% 178,664 $17.1M Add +3.5%
PAY Paymentus Holdings Inc. Class A 1.35% 681,399 $15.5M Add +102.3%
AGYS Agilysys Inc. 1.26% 172,326 $14.5M Add +1.7%
HXL Hexcel Corp. 1.20% 189,620 $13.8M Reduce -5.8%
SPSC SPS Commerce Inc. 1.10% 68,447 $12.7M Add +3.6%
LSCC Lattice Semiconductor Corp. 1.08% 158,834 $12.4M Add +3.6%
NVDA Nvidia Corp. 1.05% 13,426 $12.1M Add +1.4%
TCMD Tactile Systems Technology I 1.01% 718,970 $11.7M Add +116.5%
QNST Quinstreet Inc. 1.01% 659,903 $11.7M New
NTRA Natera Inc. 0.98% 123,976 $11.3M Add +53.3%
GOOGL Alphabet Inc. Class A 0.98% 74,446 $11.2M Add +1.4%
ARCB Arcbest Corp. 0.95% 76,367 $10.9M Add +0.4%
AMZN Amazon.com Inc. 0.90% 57,253 $10.3M Add +1.4%
RBC RBC Bearings Inc. 0.89% 38,026 $10.3M Add +3.6%
TMCI Treace Medical Concepts Inc. 0.87% 769,808 $10.0M Add +113.5%
EXLS Exlservice Holdings Inc. 0.86% 311,415 $9.9M Add +30.8%
MEDP Medpace Holdings Inc. 0.82% 23,257 $9.4M Add +45.2%
ALKT Alkami Technology Inc. 0.79% 370,105 $9.1M Add +103.2%
SEMR Semrush Holdings Inc. Class A 0.78% 681,200 $9.0M Add +117.7%
PWR Quanta Services Inc. 0.77% 34,004 $8.8M Add +3.1%
MRTN Marten Transport Ltd. 0.69% 432,868 $8.0M Add +0.3%
GSHD Goosehead Insurance Inc. Class A 0.69% 119,605 $8.0M New
META Meta Platforms Inc. Class A 0.69% 16,333 $7.9M Add +1.4%
PGNY Progyny Inc. 0.69% 207,154 $7.9M Add +3.5%
CYBR Cyberark Software Ltd./Israel 0.68% 29,572 $7.9M New
AAPL Apple Inc. 0.66% 44,166 $7.6M Reduce -30.1%
INSP Inspire Medical Systems Inc. 0.61% 32,457 $7.0M Add +3.6%
APPF Appfolio Inc. Class A 0.60% 28,052 $6.9M Reduce -18.1%
ACVA Acv Auctions Inc. Class A 0.58% 358,659 $6.7M Add +74.2%
FIVN FIVE9 Inc. 0.56% 104,178 $6.5M Add +3.6%
RYAN Ryan Specialty Holdings Inc. 0.56% 116,281 $6.5M Add +3.5%
LLY Eli Lilly & Co. 0.54% 7,958 $6.2M Add +1.4%
DCBO Docebo Inc. 0.53% 125,760 $6.2M Add +64.9%
CCS Century Communities Inc. 0.52% 61,453 $5.9M Add +1.9%
FROG Jfrog Ltd. 0.51% 133,419 $5.9M New
GWRE Guidewire Software Inc. 0.49% 48,671 $5.7M Add +3.6%
NOW ServiceNow Inc. 0.49% 7,353 $5.6M Add +1.4%
GLBE Global-E Online Ltd. 0.48% 153,070 $5.6M Add +3.5%
MNDY Monday.com Ltd. 0.48% 24,252 $5.5M New
INOD Innodata Inc. 0.47% 823,398 $5.4M Reduce -1.9%
SDHC Smith Douglas Homes Corp. 0.46% 178,979 $5.3M New
FWRG First Watch Restaurant Group 0.45% 210,836 $5.2M Add +0.5%
NEO Neogenomics Inc. 0.45% 328,155 $5.2M Add +0.4%
CAVA Cava Group Inc. 0.43% 71,203 $5.0M New
CSTL Castle Biosciences Inc. 0.42% 219,473 $4.9M Add +2.6%
ACCD Accolade Inc. 0.42% 460,283 $4.8M New
PEN Penumbra Inc. 0.41% 21,290 $4.8M Reduce -10.4%
INTA Intapp Inc. 0.41% 137,319 $4.7M Add +0.4%
BA The Boeing Co. 0.40% 23,899 $4.6M Add +1.4%
KIDS Orthopediatrics Corp. 0.40% 157,868 $4.6M Reduce -66.3%
DXCM Dexcom Inc. 0.40% 32,888 $4.6M Add +1.2%
AMD Advanced Micro Devices 0.39% 24,920 $4.5M Reduce -11.3%
V Visa Inc. Class A 0.39% 16,049 $4.5M Add +1.4%
COST Costco Wholesale Corp. 0.39% 6,099 $4.5M Add +1.4%
PRCT Procept Biorobotics Corp. 0.38% 89,540 $4.4M Add +43.1%
ENFN Enfusion Inc. Class A 0.38% 467,319 $4.3M Add +25.6%
MA Mastercard Inc. Class A 0.37% 8,871 $4.3M Add +1.4%
ODFL Old Dominion Freight Line 0.37% 19,454 $4.3M Add +1.4%
LFMD Lifemd Inc. 0.37% 410,384 $4.2M Add +0.4%
VRTX Vertex Pharmaceuticals Inc. 0.36% 9,922 $4.1M Add +60.4%
WK Workiva Inc. 0.35% 47,845 $4.1M Add +3.6%
CWAN Clearwater Analytics HDS-A 0.35% 225,171 $4.0M Add +3.6%
CRWD CrowdStrike Holdings Inc. Class A 0.34% 12,071 $3.9M Add +1.4%
GDYN Grid Dynamics Holdings Inc. 0.34% 314,237 $3.9M Add +19.1%
NVO Novo-Nordisk A/S-Spons ADR 0.33% 29,754 $3.8M Add +1.4%
GS Goldman Sachs Group Inc. 0.29% 8,047 $3.4M Add +1.4%
BRZE Braze Inc. Class A 0.29% 75,631 $3.4M Add +3.6%
ADBE Adobe Inc. 0.29% 6,560 $3.3M Add +32.4%
FND Floor & Decor Holdings Inc. Class A 0.29% 25,335 $3.3M Add +3.5%
VCYT Veracyte Inc. 0.28% 147,991 $3.3M Add +100.1%
SYM Symbotic Inc. 0.28% 71,812 $3.2M Add +1263.4%
CSGP Costar Group Inc. 0.28% 32,865 $3.2M Add +63.2%
VRT Vertiv Holdings Co. Class A 0.26% 37,059 $3.0M Add +1.2%
PR Permian Resources Corp. Class A 0.26% 168,799 $3.0M Reduce -7.3%
PANW Palo Alto Networks Inc. 0.26% 10,489 $3.0M Add +1.4%
NFLX Netflix Inc. 0.25% 4,739 $2.9M New
PGR Progressive Corp. 0.25% 13,707 $2.8M Add +1.4%
PCTY Paylocity Holding Corp. 0.23% 15,408 $2.6M Reduce -43.4%

Show all 120 holdings

Portfolio Sells Q4 2023 → Q1 2024
AXONICS INC Sold out 0.00% −2.81
SIBN Si-Bone Inc. Reduce -23.5% 1.52% −1.33
KIDS Orthopediatrics Corp. Reduce -66.3% 0.40% −1.08
ATEC Alphatec Holdings Inc. Reduce -19.8% 1.90% −1.00
VRRM Verra Mobility Corp. Reduce -21.0% 3.07% −0.94
CRDO Credo Technology Group Holdi Reduce -82.7% 0.18% −0.88
ASLE Aersale Corp. Sold out 0.00% −0.86
AAPL Apple Inc. Reduce -30.1% 0.66% −0.53
RXST Rxsight Inc. Reduce -22.3% 2.29% −0.29
DAVA Endava PLC- Spon ADR Sold out 0.00% −0.27
AEHR Aehr Test Systems Reduce -2.0% 0.18% −0.26
KNX Knight-Swift Transportation Reduce -46.1% 0.22% −0.25
HXL Hexcel Corp. Reduce -5.8% 1.20% −0.24
SITM Sitime Corp. Sold out 0.00% −0.21
PCTY Paylocity Holding Corp. Reduce -43.4% 0.23% −0.21
FNA Paragon 28 Inc. Sold out 0.00% −0.20
TTGT Techtarget Holdings Inc. Sold out 0.00% −0.20
UNH Unitedhealth Group Inc. Reduce -38.3% 0.21% −0.19
INOD Innodata Inc. Reduce -1.9% 0.47% −0.19
CELH Celsius Holdings Inc. Reduce -34.3% 1.56% −0.19
PTEN Patterson-Uti Energy Inc. Sold out 0.00% −0.18
PEN Penumbra Inc. Reduce -10.4% 0.41% −0.17
FCX Freeport-McMoran Inc. Sold out 0.00% −0.16
ORLY O'reilly Automotive Inc. Sold out 0.00% −0.14
AMD Advanced Micro Devices Reduce -11.3% 0.39% −0.01
ESMT Engagesmart Inc. Sold out 0.00% −0.00
PR Permian Resources Corp. Class A Reduce -7.3% 0.26% +0.02
APPF Appfolio Inc. Class A Reduce -18.1% 0.60% +0.02
VERX Vertex Inc. Class A Reduce -1.7% 3.52% +0.12
KRUS Kura Sushi USA Inc. Class A Reduce -17.8% 1.72% +0.17
SAIA Saia Inc. Reduce -2.7% 2.14% +0.29
KNSL Kinsale Capital Group Inc. Reduce -12.4% 2.44% +0.45

Portfolio Buys Q4 2023 → Q1 2024
TNDM Tandem Diabetes Care Inc. Add +84.8% 2.62% +1.30
VCEL Vericel Corp. Add +92.1% 1.80% +1.08
QNST Quinstreet Inc. New 1.01% +1.01
PAY Paymentus Holdings Inc. Class A Add +102.3% 1.35% +0.76
GSHD Goosehead Insurance Inc. Class A New 0.69% +0.69
CYBR Cyberark Software Ltd./Israel New 0.68% +0.68
TCMD Tactile Systems Technology I Add +116.5% 1.01% +0.55
FROG Jfrog Ltd. New 0.51% +0.51
FRPT Freshpet Inc. Add +13.0% 1.96% +0.50
NTRA Natera Inc. Add +53.3% 0.98% +0.49
MNDY Monday.com Ltd. New 0.48% +0.48
SDHC Smith Douglas Homes Corp. New 0.46% +0.46
CAVA Cava Group Inc. New 0.43% +0.43
TMCI Treace Medical Concepts Inc. Add +113.5% 0.87% +0.43
ACCD Accolade Inc. New 0.42% +0.42
NVDA Nvidia Corp. Add +1.4% 1.05% +0.42
SEMR Semrush Holdings Inc. Class A Add +117.7% 0.78% +0.37
ALKT Alkami Technology Inc. Add +103.2% 0.79% +0.36
MEDP Medpace Holdings Inc. Add +45.2% 0.82% +0.34
ACVA Acv Auctions Inc. Class A Add +74.2% 0.58% +0.28
SYM Symbotic Inc. Add +1263.4% 0.28% +0.25
NFLX Netflix Inc. New 0.25% +0.25
QTWO Q2 Holdings Inc. Add +2.0% 2.37% +0.22
AVAV Aerovironment Inc. Add +1.7% 2.28% +0.22
GLOB Globant SA New 0.20% +0.20
DV Doubleverify Holdings Inc. New 0.20% +0.20
BSX Boston Scientific Corp. New 0.20% +0.20
PBPB Potbelly Corp. New 0.18% +0.18
DCBO Docebo Inc. Add +64.9% 0.53% +0.18
MYRG MYR Group Inc./Delaware Add +1.5% 1.65% +0.16
NSSC Napco Security Technologies Add +1.8% 2.57% +0.16
EXLS Exlservice Holdings Inc. Add +30.8% 0.86% +0.15
ARM Arm Holdings PLC-ADR New 0.14% +0.14
META Meta Platforms Inc. Class A Add +1.4% 0.69% +0.13
PRCT Procept Biorobotics Corp. Add +43.1% 0.38% +0.13
VRTX Vertex Pharmaceuticals Inc. Add +60.4% 0.36% +0.12
CSGP Costar Group Inc. Add +63.2% 0.28% +0.10
LLY Eli Lilly & Co. Add +1.4% 0.54% +0.09
VRT Vertiv Holdings Co. Class A Add +1.2% 0.26% +0.09
RYAN Ryan Specialty Holdings Inc. Add +3.5% 0.56% +0.09
VCYT Veracyte Inc. Add +100.1% 0.28% +0.09
PWR Quanta Services Inc. Add +3.1% 0.77% +0.07
ISRG Intuitive Surgical Inc. Add +74.2% 0.15% +0.07
AMZN Amazon.com Inc. Add +1.4% 0.90% +0.06
ARCB Arcbest Corp. Add +0.4% 0.95% +0.06
LSCC Lattice Semiconductor Corp. Add +3.6% 1.08% +0.05
FWRG First Watch Restaurant Group Add +0.5% 0.45% +0.04
CRWD CrowdStrike Holdings Inc. Class A Add +1.4% 0.34% +0.04
LFMD Lifemd Inc. Add +0.4% 0.37% +0.04
PGR Progressive Corp. Add +1.4% 0.25% +0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 113$1.9BXMTR, LGND, ALHC, ATRO, LINC
Q1 2026 112$1.4BATRO, LINC, ALHC, AORT, MYRG
Q4 2025 120$1.4BATRO, ATEC, XMTR, AORT, ALHC
Q3 2025 123$1.4BATRO, AORT, XMTR, ALHC, UTI
Q2 2025 122$1.3BATRO, PAY, STRL, IRTC, UTI
Q1 2025 122$1.1BWGS, PAY, ALHC, ATRO, PAR
Q4 2024 130$1.3BPAY, PAR, GDYN, VCEL, ACVA
Q3 2024 127$1.2BATRO, TNDM, TMDX, VRRM, RXST
Q2 2024 122$1.2BTMDX, ATRO, VRRM, NSSC, TNDM
Q1 2024 120$1.2BATRO, VERX, VRRM, TMDX, LGIH