13F HOLDINGS REPORT
AMERICAN CAPITAL MANAGEMENT INC
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001104659-26-016553
Total Value
$2.27B
Positions
68
Other Managers
0
Confidential Omitted
No
Holdings (68)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | AEROVIRONMENT INC | AVAV | 647,710 | $156.7M | 6.91% |
| 2 | CYBERARK SOFTWARE LTD | M2682V108 | 342,015 | $152.6M | 6.73% |
| 3 | MEDPACE HOLDINGS INC | MEDP | 224,374 | $126.0M | 5.56% |
| 4 | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 50077B207 | 1,634,493 | $124.1M | 5.47% |
| 5 | IDEXX LABORATORIES INC | 45168D104 | 181,745 | $123.0M | 5.43% |
| 6 | RBC BEARINGS INC | RBC | 214,117 | $96.0M | 4.24% |
| 7 | RESMED INC | RSMDF | 306,956 | $73.9M | 3.26% |
| 8 | FORTINET INC | FTNT | 925,753 | $73.5M | 3.24% |
| 9 | COMMVAULT SYSTEMS INC | CVLT | 533,806 | $66.9M | 2.95% |
| 10 | GUIDEWIRE SOFTWARE INC | GWRE | 325,432 | $65.4M | 2.89% |
| 11 | MANHATTAN ASSOCIATES INC | MANH | 366,860 | $63.6M | 2.81% |
| 12 | COGNYTE SOFTWARE LTD | CGNT | 6,708,394 | $63.1M | 2.78% |
| 13 | COSTAR GROUP INC | CSGP | 825,340 | $55.5M | 2.45% |
| 14 | BIO-TECHNE CORP | TECH | 941,149 | $55.3M | 2.44% |
| 15 | LIVE RAMP HOLDINGS INC | RAMP | 1,877,756 | $55.1M | 2.43% |
| 16 | REPLIGEN CORP | RGEN | 335,115 | $54.9M | 2.42% |
| 17 | QUALYS INC | QLYS | 404,119 | $53.7M | 2.37% |
| 18 | NCINO INC | NCNO | 2,027,809 | $52.0M | 2.29% |
| 19 | VEEVA SYSTEMS INC | VEEV | 222,425 | $49.7M | 2.19% |
| 20 | VARONIS SYSTEMS INC | VRNS | 1,509,039 | $49.5M | 2.18% |
| 21 | SEI INVESTMENTS CO | 784117103 | 574,819 | $47.1M | 2.08% |
| 22 | JACK HENRY & ASSOCIATES INC | 426281101 | 251,337 | $45.9M | 2.02% |
| 23 | NOVANTA INC | NOVTU | 381,866 | $45.4M | 2.00% |
| 24 | GLOBUS MEDICAL INC | GMED | 486,212 | $42.5M | 1.87% |
| 25 | FACTSET RESEARCH SYSTEMS INC | 303075105 | 134,951 | $39.2M | 1.73% |
| 26 | AZENTA INC | AZTA | 1,021,436 | $34.0M | 1.50% |
| 27 | NICE LTD | NCSYF | 291,494 | $33.0M | 1.45% |
| 28 | PROTO LABS INC | PRLB | 631,311 | $31.9M | 1.41% |
| 29 | CERENCE INC | CRNC | 2,655,131 | $28.4M | 1.25% |
| 30 | TRADEWEB MARKETS INC | 892672106 | 258,715 | $27.8M | 1.23% |
| 31 | SPS COMMERCE INC | SPSC | 306,786 | $27.3M | 1.21% |
| 32 | NEOGENOMICS INC | NEO | 2,324,366 | $27.3M | 1.21% |
| 33 | MORNINGSTAR INC | MORN | 113,064 | $24.6M | 1.08% |
| 34 | AAON INC | AAON | 271,737 | $20.7M | 0.91% |
| 35 | STAAR SURGICAL CO | STAA | 739,536 | $17.1M | 0.75% |
| 36 | IPG PHOTONICS CORP | IPGP | 235,554 | $16.9M | 0.74% |
| 37 | DEXCOM INC | DXCM | 248,774 | $16.5M | 0.73% |
| 38 | GENTEX CORP | GNTX | 579,892 | $13.5M | 0.60% |
| 39 | COGNEX CORP | CGNX | 364,373 | $13.1M | 0.58% |
| 40 | TYLER TECHNOLOGIES INC | TYL | 22,039 | $10.0M | 0.44% |
| 41 | NEOGEN CORP | NEOG | 1,397,898 | $9.8M | 0.43% |
| 42 | SYNOPSYS INC | SNPS | 20,436 | $9.6M | 0.42% |
| 43 | MERIT MEDICAL SYSTEMS INC | 589889104 | 93,083 | $8.2M | 0.36% |
| 44 | O'REILLY AUTOMOTIVE INC | 67103H107 | 86,235 | $7.9M | 0.35% |
| 45 | HAEMONETICS CORP | HAE | 74,415 | $6.0M | 0.26% |
| 46 | ISHARES TRUST | 46435G268 | 78,709 | $5.9M | 0.26% |
| 47 | MONOLITHIC POWER SYSTEMS INC | 609839105 | 6,488 | $5.9M | 0.26% |
| 48 | INSULET CORP | PODD | 18,890 | $5.4M | 0.24% |
| 49 | ICON PLC | ICLR | 23,732 | $4.3M | 0.19% |
| 50 | KORNIT DIGITAL LTD | KRNT | 284,628 | $4.1M | 0.18% |
| 51 | ALARM.COM HOLDINGS INC | ALRM | 73,687 | $3.8M | 0.17% |
| 52 | Quaker Houghton | 747316107 | 26,146 | $3.6M | 0.16% |
| 53 | GRAHAM CORP | GHM | 46,803 | $3.0M | 0.13% |
| 54 | DORMAN PRODUCTS INC | 258278100 | 20,407 | $2.5M | 0.11% |
| 55 | FRANKLIN ELECTRIC CO INC | FELE | 22,000 | $2.1M | 0.09% |
| 56 | SPDR S&P 500 ETF TRUST | SPY | 2,535 | $1.7M | 0.08% |
| 57 | TRIMBLE INC | TRMB | 19,000 | $1.5M | 0.07% |
| 58 | DESCARTES SYSTEMS GROUP INC (THE) | 249906108 | 16,949 | $1.5M | 0.07% |
| 59 | VSE CORP | VSECU | 7,523 | $1.3M | 0.06% |
| 60 | HOLOGIC INC | HOLX | 16,280 | $1.2M | 0.05% |
| 61 | ACI WORLDWIDE INC | ACIW | 18,410 | $880,182 | 0.04% |
| 62 | BLACKBAUD INC | BLKB | 12,930 | $818,728 | 0.04% |
| 63 | ZEBRA TECHNOLOGIES CORP | ZBRA | 3,300 | $801,306 | 0.04% |
| 64 | APPLE INC | AAPL | 2,800 | $761,208 | 0.03% |
| 65 | JFROG LTD | FROG | 10,945 | $683,625 | 0.03% |
| 66 | ILLUMINA INC | ILMN | 2,220 | $291,175 | 0.01% |
| 67 | MERCK & COMPANY INC | MRK | 2,100 | $221,046 | 0.01% |
| 68 | SPDR S&P MIDCAP 400 ETF TRUST | MDY | 353 | $212,958 | 0.01% |