13F HOLDINGS REPORT
NEXT CENTURY GROWTH INVESTORS LLC
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001134007-25-000009
Total Value
$1.29B
Positions
123
Other Managers
1
Confidential Omitted
No
Holdings (123)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Astronics Corp | ATROB | 1,267,874 | $42.4M | 3.28% |
| 2 | Paymentus Holdings | PAY | 1,129,725 | $37.0M | 2.86% |
| 3 | Sterling Infrastruture | STRL | 150,972 | $34.8M | 2.69% |
| 4 | IRhythm Technologies | IRTC | 224,863 | $34.6M | 2.67% |
| 5 | Universal Technical Institute | UTI | 958,891 | $32.5M | 2.51% |
| 6 | Artivion Inc | AORT | 1,006,042 | $31.3M | 2.42% |
| 7 | Alignment Healthcare | ALHC | 2,171,649 | $30.4M | 2.35% |
| 8 | Par Technology | PAR | 417,625 | $29.0M | 2.24% |
| 9 | MYR Group Inc | MYRG | 157,043 | $28.5M | 2.20% |
| 10 | Vericel Corp | VCEL | 668,649 | $28.5M | 2.20% |
| 11 | Xometry Inc | XMTR | 772,593 | $26.1M | 2.02% |
| 12 | Alphatec Holdings Inc | ATEC | 2,060,735 | $22.9M | 1.77% |
| 13 | MACOM Technology Solutions Hol | 55405Y100 | 158,383 | $22.7M | 1.75% |
| 14 | Q2 Holdings | QTWO | 235,404 | $22.0M | 1.70% |
| 15 | Care Dx | CDNA | 1,125,454 | $22.0M | 1.70% |
| 16 | RBC Bearings Inc | RBC | 56,514 | $21.7M | 1.68% |
| 17 | Limbach Holdings | LMB | 154,287 | $21.6M | 1.67% |
| 18 | Ollie's Bargain Outlet | 681116109 | 160,774 | $21.2M | 1.64% |
| 19 | GeneDx Holding Corp | WGSWW | 221,610 | $20.5M | 1.58% |
| 20 | Avepoint Inc | AVPT | 1,019,773 | $19.7M | 1.52% |
| 21 | Kinsale Capital Group | 49714P108 | 40,356 | $19.5M | 1.51% |
| 22 | Microsoft Corp. | MSFT | 39,247 | $19.5M | 1.51% |
| 23 | Nvidia Corporation | NVDA | 113,203 | $17.9M | 1.38% |
| 24 | Carpenter Technology | CRS | 61,712 | $17.1M | 1.32% |
| 25 | Lincoln Educational Services | 533535100 | 719,945 | $16.6M | 1.28% |
| 26 | Exlservice Holdings Inc. | EXLS | 377,818 | $16.5M | 1.28% |
| 27 | Dutch Bros Inc | BROS | 238,202 | $16.3M | 1.26% |
| 28 | Transmedics Group Inc | TMDX | 119,756 | $16.0M | 1.24% |
| 29 | ACV Auctions | ACVA | 962,921 | $15.6M | 1.21% |
| 30 | Saia Inc | SAIA | 53,622 | $14.7M | 1.14% |
| 31 | Waystar Holdings | WAY | 353,623 | $14.5M | 1.12% |
| 32 | Argan Inc | AGX | 62,491 | $13.8M | 1.06% |
| 33 | HealthEquity | HQY | 129,465 | $13.6M | 1.05% |
| 34 | Alkami Technology | ALKT | 440,921 | $13.3M | 1.03% |
| 35 | Penumbra | PEN | 49,742 | $12.8M | 0.99% |
| 36 | Apple Computer Inc | AAPL | 61,706 | $12.7M | 0.98% |
| 37 | Agilysys | AGYS | 107,830 | $12.4M | 0.96% |
| 38 | Vertex Inc | VERX | 331,383 | $11.7M | 0.90% |
| 39 | Amazon.Com | AMZN | 51,131 | $11.2M | 0.87% |
| 40 | FTAI Aviation | FTAIN | 96,794 | $11.1M | 0.86% |
| 41 | Lattice Semiconductor Corp | LSCC | 225,774 | $11.1M | 0.85% |
| 42 | Procept Biorobotics | PRCT | 189,185 | $10.9M | 0.84% |
| 43 | ARS Pharmaceuticals | SPRY | 622,823 | $10.9M | 0.84% |
| 44 | Sitime Corp | SITM | 50,385 | $10.7M | 0.83% |
| 45 | Olo | 68134L109 | 1,159,731 | $10.3M | 0.80% |
| 46 | Cyberark Software | M2682V108 | 24,907 | $10.1M | 0.78% |
| 47 | Loar Holdings | LOAR | 114,481 | $9.9M | 0.76% |
| 48 | Mirum Pharmaceuticals | MIRM | 190,325 | $9.7M | 0.75% |
| 49 | ELF Beauty | ELF | 73,732 | $9.2M | 0.71% |
| 50 | Paylocity Corp | PCTY | 49,741 | $9.0M | 0.70% |
| 51 | StandardAero Inc | SARO | 278,627 | $8.8M | 0.68% |
| 52 | Coherent Corp | COHR | 98,285 | $8.8M | 0.68% |
| 53 | Orion Group Holdings | ORN | 932,908 | $8.5M | 0.65% |
| 54 | Great Lakes Dredge & Doc | GLDD | 648,290 | $7.9M | 0.61% |
| 55 | Credo Technology Group Holding | CRDO | 84,785 | $7.9M | 0.61% |
| 56 | Mama's Creations | 56146T103 | 918,394 | $7.6M | 0.59% |
| 57 | Potbelly Corporation | 73754Y100 | 603,003 | $7.4M | 0.57% |
| 58 | Clearwater Analytics Holdings | CWAN | 325,680 | $7.1M | 0.55% |
| 59 | SEMrush Holdings | SEMR | 775,997 | $7.0M | 0.54% |
| 60 | Broadcom | AVGO | 25,194 | $6.9M | 0.54% |
| 61 | Snowflake Inc | SNOW | 30,905 | $6.9M | 0.53% |
| 62 | Intapp | INTA | 133,271 | $6.9M | 0.53% |
| 63 | Boeing Co | BA-PA | 32,051 | $6.7M | 0.52% |
| 64 | Netflix.com | NFLX | 4,997 | $6.7M | 0.52% |
| 65 | Byline Bancorp | BY | 247,810 | $6.6M | 0.51% |
| 66 | Goldman Sachs Group Com | GSCE | 9,350 | $6.6M | 0.51% |
| 67 | Veracyte Inc | VCYT | 242,774 | $6.6M | 0.51% |
| 68 | Wingstop | WING | 19,326 | $6.5M | 0.50% |
| 69 | Celsius Holdings | CELH | 136,815 | $6.3M | 0.49% |
| 70 | Skyward Specialy Insurance Gro | 830940102 | 108,809 | $6.3M | 0.49% |
| 71 | ServiceTitan | TTAN | 58,567 | $6.3M | 0.49% |
| 72 | Western Alliance Bancorp | WAL-PA | 80,125 | $6.2M | 0.48% |
| 73 | Pinnacle Financial | 72346Q104 | 56,436 | $6.2M | 0.48% |
| 74 | Costco Wholesale Corp | 22160K105 | 6,244 | $6.2M | 0.48% |
| 75 | Howmet Aerospace | HWM | 33,112 | $6.2M | 0.48% |
| 76 | Boston Scientific Corp | BSX | 54,495 | $5.9M | 0.45% |
| 77 | Bowhead Specialty Holdings | BOW | 153,411 | $5.8M | 0.44% |
| 78 | Grid Dynamics Holdings Inc. | GDYN | 488,114 | $5.6M | 0.44% |
| 79 | Global-E Online | GLBE | 167,172 | $5.6M | 0.43% |
| 80 | Knight-Swift Transportation Ho | 499049104 | 126,617 | $5.6M | 0.43% |
| 81 | Goosehead Insurance | GSHD | 51,487 | $5.4M | 0.42% |
| 82 | Vertiv Holdings | VRT | 41,859 | $5.4M | 0.42% |
| 83 | Progressive Corp | 743315103 | 19,439 | $5.2M | 0.40% |
| 84 | TWFG Inc | TWFG | 144,398 | $5.1M | 0.39% |
| 85 | Innodata Inc | INOD | 97,245 | $5.0M | 0.38% |
| 86 | Ategrity Specialty Holdings | 04681Y103 | 230,145 | $5.0M | 0.38% |
| 87 | Blend Labs | BLND | 1,497,059 | $4.9M | 0.38% |
| 88 | Biolife Solutions | BLFS | 228,790 | $4.9M | 0.38% |
| 89 | SI-BONE Inc | SIBN | 256,345 | $4.8M | 0.37% |
| 90 | Titan Machinery | KMCM | 240,052 | $4.8M | 0.37% |
| 91 | Covenant Logistics Group | CVLG | 193,383 | $4.7M | 0.36% |
| 92 | Bridgewater Bancshares | BWBBP | 286,741 | $4.6M | 0.35% |
| 93 | Meta Platforms, Inc. | META | 6,063 | $4.5M | 0.35% |
| 94 | JFrog | FROG | 99,876 | $4.4M | 0.34% |
| 95 | ServiceNow Inc | NOW | 4,246 | $4.4M | 0.34% |
| 96 | Tesla Motors Inc | TSLA | 12,426 | $3.9M | 0.30% |
| 97 | Alphabet Inc-Cl A | GOOG | 21,948 | $3.9M | 0.30% |
| 98 | Arteris | AIP | 397,169 | $3.8M | 0.29% |
| 99 | Ceribell | CBLL | 199,082 | $3.7M | 0.29% |
| 100 | Visa Inc | V | 9,437 | $3.4M | 0.26% |
| 101 | Quanta Services | 74762E102 | 8,790 | $3.3M | 0.26% |
| 102 | Shopify Inc | SHOP | 27,444 | $3.2M | 0.24% |
| 103 | Kura Sushi USA | KRUS | 36,364 | $3.1M | 0.24% |
| 104 | Axon Enterprise | AXON | 3,706 | $3.1M | 0.24% |
| 105 | Applovin | APP | 8,320 | $2.9M | 0.23% |
| 106 | M-Tron Industries | 55380K109 | 68,777 | $2.9M | 0.22% |
| 107 | Mastercard Inc | MA | 5,035 | $2.8M | 0.22% |
| 108 | Arm Holdings | 042068205 | 16,924 | $2.7M | 0.21% |
| 109 | Guidewire Software | GWRE | 11,542 | $2.7M | 0.21% |
| 110 | Tyler Technologies | TYL | 4,327 | $2.6M | 0.20% |
| 111 | Kornit Digital Ltd | KRNT | 119,821 | $2.4M | 0.18% |
| 112 | Spotify Technology | SPOT | 3,040 | $2.3M | 0.18% |
| 113 | Caterpillar | CAT | 5,005 | $1.9M | 0.15% |
| 114 | Intuitive Surgical Inc. | ISRG | 3,526 | $1.9M | 0.15% |
| 115 | Weave Communications | WEAV | 229,306 | $1.9M | 0.15% |
| 116 | Carvana | CVNA | 5,557 | $1.9M | 0.14% |
| 117 | Atlassian Corp | TEAM | 9,097 | $1.8M | 0.14% |
| 118 | Toast | TOST | 40,511 | $1.8M | 0.14% |
| 119 | Owlet Inc | OWLTW | 196,817 | $1.7M | 0.13% |
| 120 | Proficient Auto Logistics | PAL | 222,465 | $1.6M | 0.12% |
| 121 | Salesforce | CRM | 5,692 | $1.6M | 0.12% |
| 122 | Crowdstrike Holdings Inc | CRWD | 1,941 | $988,570 | 0.08% |
| 123 | M-Tron Industries - Warrants | 55380K125 | 70,606 | $73,176 | 0.01% |