Next Century Growth Investors LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Next Century Growth Investors LLC reported 127 stock positions worth $1.2 billion. Its top holding was Astronics (ATRO) at 3.6% of the portfolio, followed by Tandem Diabetes Care (TNDM, 3.4%) and Transmedics (TMDX, 3.4%). Compared with Q2 2024, it opened 21 new positions, sold out of 16, added to 47 and reduced 59. The biggest buy was Veracyte (VCYT, shares +290%) and the biggest sale Napco Security Technologies (NSSC, shares −61%).

Most Recent 13F
Q2 2026
Location
PLYMOUTH, MN
CIK
0001134007
Portfolio Value
$1.2B (Q3 2024)
SEC Filing
0001134007-24-000008 ↗ filed Nov 14, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.2B $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 127 stocks · $1.2B
ATRO Astronics Corp. 3.61% 2,288,218 $44.6M Reduce -3.6%
TNDM Tandem Diabetes Care Inc. 3.38% 982,682 $41.7M Add +7.5%
TMDX Transmedics Group Inc. 3.35% 263,645 $41.4M Reduce -21.6%
VRRM Verra Mobility Corp. 3.31% 1,471,325 $40.9M Reduce -3.0%
RXST Rxsight Inc. 2.31% 576,453 $28.5M Add +9.1%
QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC 2.28% 352,864 $28.1M Reduce -36.6%
PAY Paymentus Holdings Inc. Class A 2.17% 1,339,531 $26.8M Add +2.3%
ACVA Acv Auctions Inc. Class A 2.17% 1,315,119 $26.7M Add +127.7%
KNSL Kinsale Capital Group Inc. 1.92% 51,012 $23.7M Reduce -2.7%
PAR Par Technology Corp. 1.89% 448,168 $23.3M Add +22.8%
FTAI Ftai Aviation Ltd. 1.87% 173,880 $23.1M Add +105.1%
VCEL Vericel Corp. 1.79% 523,919 $22.1M Add +34.8%
PRCT Procept Biorobotics Corp. 1.78% 275,080 $22.0M Add +14.8%
SAIA Saia Inc. 1.78% 50,239 $22.0M Add +4.1%
USAP Universal Stainless & Alloy 1.74% 556,684 $21.5M Add +89.9%
FLYW Flywire Corp.-Voting 1.60% 1,206,032 $19.8M Reduce -7.3%
VCYT Veracyte Inc. 1.59% 576,159 $19.6M Add +289.6%
VERX Vertex Inc. Class A 1.57% 504,191 $19.4M Reduce -40.6%
RBC RBC Bearings Inc. 1.49% 61,278 $18.3M Add +40.7%
NTRA Natera Inc. 1.43% 139,120 $17.7M Reduce -2.0%
HXL Hexcel Corp. 1.39% 277,680 $17.2M Add +19.1%
MSFT Microsoft Corp. 1.39% 39,844 $17.1M Reduce -7.5%
MTSI Macom Technology Solutions H 1.29% 143,095 $15.9M Reduce -32.5%
AGYS Agilysys Inc. 1.29% 146,008 $15.9M Reduce -20.2%
NVDA Nvidia Corp. 1.29% 130,888 $15.9M Reduce -2.3%
EXLS Exlservice Holdings Inc. 1.28% 412,897 $15.8M Add +15.7%
INOD Innodata Inc. 1.21% 894,424 $15.0M Add +0.1%
COHR Coherent Corp. 1.20% 167,093 $14.9M Add +0.1%
AAPL Apple Inc. 1.18% 62,433 $14.5M Reduce -7.9%
QNST Quinstreet Inc. 1.18% 760,058 $14.5M Reduce -0.8%
UTI Universal Technical Institut 1.12% 851,506 $13.8M Add +329.3%
ALKT Alkami Technology Inc. 1.08% 423,175 $13.3M Add +0.4%
GDYN Grid Dynamics Holdings Inc. 1.03% 911,076 $12.8M Add +88.0%
AAON Aaon Inc. 1.03% 118,012 $12.7M Add +204.3%
AVAV Aerovironment Inc. 1.02% 62,572 $12.5M Reduce -65.7%
FRPT Freshpet Inc. 1.01% 91,620 $12.5M Reduce -56.1%
OLLI Ollie's Bargain Outlet Holdi 1.00% 127,061 $12.4M New
SIBN Si-Bone Inc. 1.00% 881,468 $12.3M Add +4.3%
NSSC Napco Security Technologies 0.99% 303,256 $12.3M Reduce -61.3%
GWRE Guidewire Software Inc. 0.97% 65,278 $11.9M Reduce -1.8%
SDHC Smith Douglas Homes Corp. 0.92% 301,213 $11.4M Reduce -35.1%
STRL Sterling Infrastructure Inc. 0.88% 74,779 $10.8M Add +44.7%
SEMR Semrush Holdings Inc. Class A 0.82% 647,170 $10.2M Reduce -11.7%
AORT Artivion Inc. 0.82% 379,735 $10.1M Add +141.6%
HQY Healthequity Inc. 0.77% 116,723 $9.6M New
GLBE Global-E Online Ltd. 0.77% 247,761 $9.5M Add +130.3%
LSCC Lattice Semiconductor Corp. 0.76% 177,487 $9.4M Add +75.5%
AMZN Amazon.com Inc. 0.76% 50,375 $9.4M Reduce -16.3%
LOAR Loar Holdings Inc. 0.74% 122,719 $9.2M Reduce -1.8%
MRTN Marten Transport Ltd. 0.74% 514,024 $9.1M Add +18.9%
GOOGL Alphabet Inc. Class A 0.70% 52,320 $8.7M Reduce -22.4%
META Meta Platforms Inc. Class A 0.62% 13,417 $7.7M Reduce -8.0%
HROW Harrow Inc. 0.61% 167,460 $7.5M New
ONON On Holding AG Class A filed as ON HLDG AG 0.58% 142,969 $7.2M New
GLDD Great Lakes Dredge & Dock Co. 0.57% 667,953 $7.0M New
MAMA Mama's Creations Inc. 0.56% 946,248 $6.9M Add +43.6%
LINC Lincoln Educational Services 0.54% 563,185 $6.7M Add +69.8%
TCMD Tactile Systems Technology I 0.54% 459,166 $6.7M Add +19.0%
KNX Knight-Swift Transportation 0.54% 124,001 $6.7M New
CSTL Castle Biosciences Inc. 0.54% 234,091 $6.7M Reduce -1.2%
INTA Intapp Inc. 0.53% 137,275 $6.6M Add +0.1%
ARCB Arcbest Corp. 0.52% 59,234 $6.4M Add +22.7%
CYBR Cyberark Software Ltd./Israel 0.52% 21,998 $6.4M Reduce -54.1%
MIRM Mirum Pharmaceuticals Inc. 0.52% 164,371 $6.4M New
BOW Bowhead Specialty Holdings I 0.52% 228,545 $6.4M Add +0.1%
CWAN Clearwater Analytics HDS-A 0.50% 244,667 $6.2M Reduce -22.0%
APPF Appfolio Inc. Class A 0.50% 26,135 $6.2M Reduce -31.3%
SPSC SPS Commerce Inc. 0.49% 31,343 $6.1M Reduce -60.0%
WGS Genedx Holdings Corp. 0.48% 141,113 $6.0M New
WAL Western Alliance Bancorp 0.48% 69,156 $6.0M New
AMD Advanced Micro Devices 0.46% 34,299 $5.6M Add +38.0%
BLND Blend Labs Inc. Class A 0.45% 1,490,803 $5.6M New
LLY Eli Lilly & Co. 0.45% 6,307 $5.6M Reduce -7.9%
ATEC Alphatec Holdings Inc. 0.43% 959,032 $5.3M Reduce -39.9%
ODFL Old Dominion Freight Line 0.43% 26,749 $5.3M Add +37.9%
BROS Dutch Bros Inc. Class A 0.43% 165,737 $5.3M Reduce -1.5%
KIDS Orthopediatrics Corp. 0.42% 192,794 $5.2M Add +22.2%
COST Costco Wholesale Corp. 0.41% 5,707 $5.1M Reduce -6.2%
MNDY Monday.com Ltd. 0.40% 17,646 $4.9M Reduce -32.3%
GSHD Goosehead Insurance Inc. Class A 0.38% 53,054 $4.7M Add +52.3%
NOW ServiceNow Inc. 0.38% 5,251 $4.7M Reduce -7.6%
BLFS Biolife Solutions Inc. 0.38% 186,391 $4.7M New
GS Goldman Sachs Group Inc. 0.38% 9,367 $4.6M Add +16.7%
NEO Neogenomics Inc. 0.35% 293,608 $4.3M Add +0.1%
ELF Elf Beauty Inc. 0.34% 38,798 $4.2M New
KRNT Kornit Digital Ltd. 0.34% 162,774 $4.2M New
SKWD Skyward Specialty Insurance 0.34% 103,209 $4.2M New
BA The Boeing Co. 0.34% 27,587 $4.2M Add +15.8%
CAVA Cava Group Inc. 0.34% 33,599 $4.2M Reduce -49.4%
PWR Quanta Services Inc. 0.32% 13,366 $4.0M Reduce -7.2%
OS Onestream Inc. 0.31% 113,071 $3.8M New
SYM Symbotic Inc. 0.30% 152,925 $3.7M Add +113.5%
BSX Boston Scientific Corp. 0.29% 43,222 $3.6M Add +31.8%
CRDO Credo Technology Group Holdi 0.28% 113,033 $3.5M Reduce -66.4%
ORN Orion Group Holdings Inc. 0.28% 601,862 $3.5M Add +28.4%
PGR Progressive Corp. 0.26% 12,672 $3.2M Reduce -7.3%
VRTX Vertex Pharmaceuticals Inc. 0.25% 6,740 $3.1M Reduce -12.4%
NFLX Netflix Inc. 0.25% 4,368 $3.1M Reduce -7.6%
WAY Waystar Holding Corp. 0.24% 107,921 $3.0M New
LNTH Lantheus Holdings Inc. 0.24% 27,010 $3.0M New
TWFG TWFG Inc. 0.24% 108,197 $2.9M New
VRT Vertiv Holdings Co. Class A 0.23% 29,164 $2.9M Reduce -32.1%
MPWR Monolithic Power Systems Inc. 0.23% 3,075 $2.8M Reduce -8.5%
DCBO Docebo Inc. 0.22% 62,792 $2.8M Add +0.1%
UNH Unitedhealth Group Inc. 0.21% 4,479 $2.6M Reduce -7.3%
V Visa Inc. Class A 0.21% 9,422 $2.6M Reduce -41.1%
ADBE Adobe Inc. 0.21% 4,994 $2.6M Reduce -8.0%
MYRG MYR Group Inc./Delaware 0.20% 24,700 $2.5M Reduce -78.9%
SMWB Similarweb Ltd. 0.20% 283,336 $2.5M New
MA Mastercard Inc. Class A 0.20% 5,027 $2.5M Reduce -43.2%
ARM Arm Holdings PLC-ADR 0.20% 16,895 $2.4M Reduce -7.7%
DHI D.R. Horton Inc. 0.19% 12,245 $2.3M Reduce -6.7%
ARQ Arq Inc. 0.18% 375,000 $2.2M New
AIP Arteris Inc. 0.17% 278,783 $2.2M Add +0.1%
PDFS PDF Solutions Inc. 0.17% 65,735 $2.1M Add +0.1%
ISRG Intuitive Surgical Inc. 0.16% 3,997 $2.0M Reduce -7.7%
CSGP Costar Group Inc. 0.16% 25,991 $2.0M Reduce -20.7%
TSLA Tesla Inc. 0.15% 6,884 $1.8M Add +19.6%
PANW Palo Alto Networks Inc. 0.14% 4,998 $1.7M Reduce -41.6%
HWM Howmet Aerospace Inc. 0.14% 16,844 $1.7M New
CMG Chipotle Mexican Grill Inc. 0.13% 28,526 $1.6M Reduce -6.3%
CRWD CrowdStrike Holdings Inc. Class A 0.13% 5,767 $1.6M Reduce -38.7%
CDNS Cadence Design SYS Inc. 0.12% 5,651 $1.5M Reduce -7.0%
PBPB Potbelly Corp. 0.11% 169,211 $1.4M Add +0.1%
DXCM Dexcom Inc. 0.11% 20,306 $1.4M Reduce -38.1%
WDAY Workday Inc. Class A 0.11% 5,564 $1.4M Reduce -5.8%
SHOP Shopify Inc. Class A 0.11% 16,784 $1.3M Reduce -7.9%

Portfolio Sells Q2 2024 → Q3 2024
NSSC Napco Security Technologies Reduce -61.3% 0.99% −2.39
AVAV Aerovironment Inc. Reduce -65.7% 1.02% −1.74
FRPT Freshpet Inc. Reduce -56.1% 1.01% −1.23
CELH Celsius Holdings Inc. Sold out 0.00% −1.20
MYRG MYR Group Inc./Delaware Reduce -78.9% 0.20% −1.12
VERX Vertex Inc. Class A Reduce -40.6% 1.57% −0.97
ATEC Alphatec Holdings Inc. Reduce -39.9% 0.43% −0.95
MEDP Medpace Holdings Inc. Sold out 0.00% −0.91
TMDX Transmedics Group Inc. Reduce -21.6% 3.35% −0.86
LGIH Lgi Homes Inc. Sold out 0.00% −0.81
ENFN Enfusion Inc. Class A Sold out 0.00% −0.79
SPSC SPS Commerce Inc. Reduce -60.0% 0.49% −0.73
MTSI Macom Technology Solutions H Reduce -32.5% 1.29% −0.67
KRUS Kura Sushi USA Inc. Class A Sold out 0.00% −0.67
CRDO Credo Technology Group Holdi Reduce -66.4% 0.28% −0.61
CYBR Cyberark Software Ltd./Israel Reduce -54.1% 0.52% −0.57
PGNY Progyny Inc. Sold out 0.00% −0.56
QTWO Q2 Holdings Inc. Reduce -36.6% 2.28% −0.51
FIVN FIVE9 Inc. Sold out 0.00% −0.40
ATRO Astronics Corp. Reduce -3.6% 3.61% −0.34
GOOGL Alphabet Inc. Class A Reduce -22.4% 0.70% −0.32
FROG Jfrog Ltd. Sold out 0.00% −0.30
AGYS Agilysys Inc. Reduce -20.2% 1.29% −0.29
APPF Appfolio Inc. Class A Reduce -31.3% 0.50% −0.27
PEN Penumbra Inc. Sold out 0.00% −0.26
FWRG First Watch Restaurant Group Sold out 0.00% −0.25
FND Floor & Decor Holdings Inc. Class A Sold out 0.00% −0.24
PR Permian Resources Corp. Class A Sold out 0.00% −0.22
MSFT Microsoft Corp. Reduce -7.5% 1.39% −0.21
AMZN Amazon.com Inc. Reduce -16.3% 0.76% −0.21
DXCM Dexcom Inc. Reduce -38.1% 0.11% −0.20
PCTY Paylocity Holding Corp. Sold out 0.00% −0.19
CAVA Cava Group Inc. Reduce -49.4% 0.34% −0.17
FLYW Flywire Corp.-Voting Reduce -7.3% 1.60% −0.17
CRWD CrowdStrike Holdings Inc. Class A Reduce -38.7% 0.13% −0.17
CCS Century Communities Inc. Sold out 0.00% −0.16
LFMD Lifemd Inc. Sold out 0.00% −0.16
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.16
BROS Dutch Bros Inc. Class A Reduce -1.5% 0.43% −0.15
V Visa Inc. Class A Reduce -41.1% 0.21% −0.14
MNDY Monday.com Ltd. Reduce -32.3% 0.40% −0.12
MA Mastercard Inc. Class A Reduce -43.2% 0.20% −0.12
VRRM Verra Mobility Corp. Reduce -3.0% 3.31% −0.11
PANW Palo Alto Networks Inc. Reduce -41.6% 0.14% −0.10
NVDA Nvidia Corp. Reduce -2.3% 1.29% −0.09
VRT Vertiv Holdings Co. Class A Reduce -32.1% 0.23% −0.07
LLY Eli Lilly & Co. Reduce -7.9% 0.45% −0.06
ARM Arm Holdings PLC-ADR Reduce -7.7% 0.20% −0.05
VRTX Vertex Pharmaceuticals Inc. Reduce -12.4% 0.25% −0.05
CSGP Costar Group Inc. Reduce -20.7% 0.16% −0.04

Portfolio Buys Q2 2024 → Q3 2024
VCYT Veracyte Inc. Add +289.6% 1.59% +1.32
ACVA Acv Auctions Inc. Class A Add +127.7% 2.17% +1.29
FTAI Ftai Aviation Ltd. Add +105.1% 1.87% +1.14
USAP Universal Stainless & Alloy Add +89.9% 1.74% +1.07
OLLI Ollie's Bargain Outlet Holdi New 1.00% +1.00
UTI Universal Technical Institut Add +329.3% 1.12% +0.86
HQY Healthequity Inc. New 0.77% +0.77
AAON Aaon Inc. Add +204.3% 1.03% +0.75
GDYN Grid Dynamics Holdings Inc. Add +88.0% 1.03% +0.61
HROW Harrow Inc. New 0.61% +0.61
ONON On Holding AG Class A New 0.58% +0.58
GLDD Great Lakes Dredge & Dock Co. New 0.57% +0.57
PRCT Procept Biorobotics Corp. Add +14.8% 1.78% +0.57
KNX Knight-Swift Transportation New 0.54% +0.54
MIRM Mirum Pharmaceuticals Inc. New 0.52% +0.52
RBC RBC Bearings Inc. Add +40.7% 1.49% +0.51
WGS Genedx Holdings Corp. New 0.48% +0.48
WAL Western Alliance Bancorp New 0.48% +0.48
AORT Artivion Inc. Add +141.6% 0.82% +0.48
PAR Par Technology Corp. Add +22.8% 1.89% +0.46
BLND Blend Labs Inc. Class A New 0.45% +0.45
GLBE Global-E Online Ltd. Add +130.3% 0.77% +0.45
BLFS Biolife Solutions Inc. New 0.38% +0.38
STRL Sterling Infrastructure Inc. Add +44.7% 0.88% +0.37
EXLS Exlservice Holdings Inc. Add +15.7% 1.28% +0.35
ELF Elf Beauty Inc. New 0.34% +0.34
KRNT Kornit Digital Ltd. New 0.34% +0.34
SKWD Skyward Specialty Insurance New 0.34% +0.34
TNDM Tandem Diabetes Care Inc. Add +7.5% 3.38% +0.32
VCEL Vericel Corp. Add +34.8% 1.79% +0.31
OS Onestream Inc. New 0.31% +0.31
LSCC Lattice Semiconductor Corp. Add +75.5% 0.76% +0.28
WAY Waystar Holding Corp. New 0.24% +0.24
LNTH Lantheus Holdings Inc. New 0.24% +0.24
TWFG TWFG Inc. New 0.24% +0.24
LINC Lincoln Educational Services Add +69.8% 0.54% +0.22
GSHD Goosehead Insurance Inc. Class A Add +52.3% 0.38% +0.22
SMWB Similarweb Ltd. New 0.20% +0.20
COHR Coherent Corp. Add +0.1% 1.20% +0.20
MAMA Mama's Creations Inc. Add +43.6% 0.56% +0.19
HXL Hexcel Corp. Add +19.1% 1.39% +0.18
ARQ Arq Inc. New 0.18% +0.18
TCMD Tactile Systems Technology I Add +19.0% 0.54% +0.16
ODFL Old Dominion Freight Line Add +37.9% 0.43% +0.15
HWM Howmet Aerospace Inc. New 0.14% +0.14
AMD Advanced Micro Devices Add +38.0% 0.46% +0.12
INOD Innodata Inc. Add +0.1% 1.21% +0.11
INTA Intapp Inc. Add +0.1% 0.53% +0.11
PAY Paymentus Holdings Inc. Class A Add +2.3% 2.17% +0.11
SYM Symbotic Inc. Add +113.5% 0.30% +0.09

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