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

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 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 $1.9B Q2 2026

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%
INSM Insmed Inc. 0.15% 26,159 $2.8M Reduce -0.0%
STX Seagate Technology Holdings 0.15% 2,880 $2.8M Reduce -39.0%
LMB Limbach Holdings Inc. 0.15% 36,002 $2.8M Reduce -4.7%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.14% 1,349 $2.7M New
MA Mastercard Inc. Class A 0.14% 5,026 $2.6M Reduce -0.0%
ANET Arista Networks Inc. 0.13% 14,952 $2.5M New
AMZN Amazon.com Inc. 0.13% 9,954 $2.4M Reduce -70.7%
TSLA Tesla Inc. 0.12% 5,436 $2.3M Reduce -48.5%
MRVL Marvell Technology Inc. 0.12% 7,539 $2.2M New
COST Costco Wholesale Corp. 0.11% 2,203 $2.1M Reduce -0.1%
APP AppLovin Corp. Class A 0.11% 3,857 $2.0M Reduce -21.3%
BE Bloom Energy Corp. Class A 0.09% 5,832 $1.8M Reduce -87.0%
LGCY Legacy Education Inc. 0.04% 61,479 $723K New

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

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