13F HOLDINGS REPORT
AMERICAN CAPITAL MANAGEMENT INC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001104659-25-112700
Total Value
$2.51B
Positions
68
Other Managers
0
Confidential Omitted
No
Holdings (68)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | AEROVIRONMENT INC | AVAV | 721,110 | $227.1M | 9.05% |
| 2 | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 50077B207 | 2,010,001 | $183.7M | 7.32% |
| 3 | CYBERARK SOFTWARE LTD | M2682V108 | 349,980 | $169.1M | 6.74% |
| 4 | MEDPACE HOLDINGS INC | MEDP | 248,757 | $127.9M | 5.10% |
| 5 | IDEXX LABORATORIES INC | 45168D104 | 184,298 | $117.7M | 4.69% |
| 6 | COMMVAULT SYSTEMS INC | CVLT | 534,413 | $100.9M | 4.02% |
| 7 | RESMED INC | RSMDF | 310,853 | $85.1M | 3.39% |
| 8 | RBC BEARINGS INC | RBC | 217,819 | $85.0M | 3.39% |
| 9 | FORTINET INC | FTNT | 963,358 | $81.0M | 3.23% |
| 10 | VARONIS SYSTEMS INC | VRNS | 1,371,806 | $78.8M | 3.14% |
| 11 | GUIDEWIRE SOFTWARE INC | GWRE | 332,082 | $76.3M | 3.04% |
| 12 | MANHATTAN ASSOCIATES INC | MANH | 361,321 | $74.1M | 2.95% |
| 13 | COSTAR GROUP INC | CSGP | 793,664 | $67.0M | 2.67% |
| 14 | VEEVA SYSTEMS INC | VEEV | 222,157 | $66.2M | 2.64% |
| 15 | COGNYTE SOFTWARE LTD | CGNT | 6,751,962 | $56.7M | 2.26% |
| 16 | NCINO INC | NCNO | 2,040,303 | $55.3M | 2.20% |
| 17 | QUALYS INC | QLYS | 412,947 | $54.6M | 2.18% |
| 18 | BIO-TECHNE CORP | TECH | 960,447 | $53.4M | 2.13% |
| 19 | LIVE RAMP HOLDINGS INC | RAMP | 1,926,376 | $52.3M | 2.08% |
| 20 | SEI INVESTMENTS CO | 784117103 | 565,117 | $48.0M | 1.91% |
| 21 | NICE LTD | NCSYF | 313,431 | $45.4M | 1.81% |
| 22 | REPLIGEN CORP | RGEN | 336,862 | $45.0M | 1.79% |
| 23 | FACTSET RESEARCH SYSTEMS INC | 303075105 | 155,304 | $44.5M | 1.77% |
| 24 | JACK HENRY & ASSOCIATES INC | 426281101 | 263,118 | $39.2M | 1.56% |
| 25 | CERENCE INC | CRNC | 2,679,057 | $33.4M | 1.33% |
| 26 | TRADEWEB MARKETS INC | 892672106 | 266,006 | $29.5M | 1.18% |
| 27 | SPS COMMERCE INC | SPSC | 283,475 | $29.5M | 1.18% |
| 28 | GLOBUS MEDICAL INC | GMED | 499,059 | $28.6M | 1.14% |
| 29 | DEXCOM INC | DXCM | 357,790 | $24.1M | 0.96% |
| 30 | AZENTA INC | AZTA | 829,320 | $23.8M | 0.95% |
| 31 | MORNINGSTAR INC | MORN | 99,197 | $23.0M | 0.92% |
| 32 | AAON INC | AAON | 244,446 | $22.8M | 0.91% |
| 33 | NOVANTA INC | NOVTU | 218,861 | $21.9M | 0.87% |
| 34 | PAYCOM SOFTWARE INC | PAYC | 103,802 | $21.6M | 0.86% |
| 35 | STAAR SURGICAL CO | STAA | 743,424 | $20.0M | 0.80% |
| 36 | NEOGENOMICS INC | NEO | 2,345,263 | $18.1M | 0.72% |
| 37 | GENTEX CORP | GNTX | 597,006 | $16.9M | 0.67% |
| 38 | COGNEX CORP | CGNX | 369,891 | $16.8M | 0.67% |
| 39 | TREX COMPANY INC | TREX | 280,737 | $14.5M | 0.58% |
| 40 | PROTO LABS INC | PRLB | 279,296 | $14.0M | 0.56% |
| 41 | KORNIT DIGITAL LTD | KRNT | 1,032,018 | $13.9M | 0.56% |
| 42 | TYLER TECHNOLOGIES INC | TYL | 23,086 | $12.1M | 0.48% |
| 43 | SYNOPSYS INC | SNPS | 21,191 | $10.5M | 0.42% |
| 44 | NEOGEN CORP | NEOG | 1,665,936 | $9.5M | 0.38% |
| 45 | O'REILLY AUTOMOTIVE INC | 67103H107 | 86,235 | $9.3M | 0.37% |
| 46 | IPG PHOTONICS CORP | IPGP | 114,128 | $9.0M | 0.36% |
| 47 | MERIT MEDICAL SYSTEMS INC | 589889104 | 87,079 | $7.2M | 0.29% |
| 48 | MONOLITHIC POWER SYSTEMS INC | 609839105 | 6,610 | $6.1M | 0.24% |
| 49 | INSULET CORP | PODD | 19,030 | $5.9M | 0.23% |
| 50 | ALARM.COM HOLDINGS INC | ALRM | 87,663 | $4.7M | 0.19% |
| 51 | ICON PLC | ICLR | 24,421 | $4.3M | 0.17% |
| 52 | HAEMONETICS CORP | HAE | 74,415 | $3.6M | 0.14% |
| 53 | DORMAN PRODUCTS INC | 258278100 | 20,358 | $3.2M | 0.13% |
| 54 | GRAHAM CORP | GHM | 40,429 | $2.2M | 0.09% |
| 55 | FRANKLIN ELECTRIC CO INC | FELE | 22,000 | $2.1M | 0.08% |
| 56 | QUAKER CHEMICAL CORP | 747316107 | 15,727 | $2.1M | 0.08% |
| 57 | SPDR S&P 500 ETF TRUST | SPY | 2,535 | $1.7M | 0.07% |
| 58 | HOLOGIC INC | HOLX | 23,780 | $1.6M | 0.06% |
| 59 | TRIMBLE INC | TRMB | 19,000 | $1.6M | 0.06% |
| 60 | VSE CORP | VSECU | 7,958 | $1.3M | 0.05% |
| 61 | DESCARTES SYSTEMS GROUP INC (THE) | 249906108 | 11,177 | $1.1M | 0.04% |
| 62 | ZEBRA TECHNOLOGIES CORP | ZBRA | 3,300 | $980,628 | 0.04% |
| 63 | ACI WORLDWIDE INC | ACIW | 18,410 | $971,496 | 0.04% |
| 64 | BLACKBAUD INC | BLKB | 13,759 | $884,841 | 0.04% |
| 65 | APPLE INC | AAPL | 2,800 | $712,964 | 0.03% |
| 66 | JFROG LTD | FROG | 11,445 | $541,692 | 0.02% |
| 67 | ILLUMINA INC | ILMN | 2,220 | $210,833 | 0.01% |
| 68 | SPDR S&P MIDCAP 400 ETF TRUST | MDY | 353 | $210,399 | 0.01% |