13F HOLDINGS REPORT
NEXT CENTURY GROWTH INVESTORS LLC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001134007-25-000012
Total Value
$1.37B
Positions
124
Other Managers
1
Confidential Omitted
No
Holdings (124)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Astronics Corp | ATROB | 1,214,287 | $55.4M | 4.04% |
| 2 | Artivion Inc | AORT | 1,048,486 | $44.4M | 3.24% |
| 3 | Xometry Inc | XMTR | 807,524 | $44.0M | 3.21% |
| 4 | Alignment Healthcare | ALHC | 2,272,745 | $39.7M | 2.89% |
| 5 | Universal Technical Institute | UTI | 1,107,809 | $36.1M | 2.63% |
| 6 | Paymentus Holdings | PAY | 1,166,838 | $35.7M | 2.60% |
| 7 | MYR Group Inc | MYRG | 165,017 | $34.3M | 2.50% |
| 8 | Alphatec Holdings Inc | ATEC | 2,279,383 | $33.1M | 2.42% |
| 9 | IRhythm Technologies | IRTC | 189,082 | $32.5M | 2.37% |
| 10 | Sterling Infrastruture | STRL | 90,065 | $30.6M | 2.23% |
| 11 | Mirum Pharmaceuticals | MIRM | 360,934 | $26.5M | 1.93% |
| 12 | GeneDx Holding Corp | WGSWW | 234,109 | $25.2M | 1.84% |
| 13 | Nvidia Corporation | NVDA | 127,777 | $23.8M | 1.74% |
| 14 | Planet Labs PBC | PL-WT | 1,777,531 | $23.1M | 1.68% |
| 15 | Microsoft Corp. | MSFT | 43,285 | $22.4M | 1.63% |
| 16 | Ollie's Bargain Outlet | 681116109 | 167,953 | $21.6M | 1.57% |
| 17 | MACOM Technology Solutions Hol | 55405Y100 | 165,413 | $20.6M | 1.50% |
| 18 | Pagaya Technologies | PGYWW | 660,608 | $19.6M | 1.43% |
| 19 | RBC Bearings Inc | RBC | 49,104 | $19.2M | 1.40% |
| 20 | FTAI Aviation | FTAIN | 114,316 | $19.1M | 1.39% |
| 21 | Lattice Semiconductor Corp | LSCC | 260,056 | $19.1M | 1.39% |
| 22 | Impinj Inc | PI | 104,641 | $18.9M | 1.38% |
| 23 | Sitime Corp | SITM | 61,795 | $18.6M | 1.36% |
| 24 | Apple Computer Inc | AAPL | 71,578 | $18.2M | 1.33% |
| 25 | Lincoln Educational Services | 533535100 | 759,901 | $17.9M | 1.30% |
| 26 | Argan Inc | AGX | 65,964 | $17.8M | 1.30% |
| 27 | Kinsale Capital Group | 49714P108 | 39,774 | $16.9M | 1.23% |
| 28 | Carpenter Technology | CRS | 64,447 | $15.8M | 1.15% |
| 29 | Avepoint Inc | AVPT | 1,028,663 | $15.4M | 1.13% |
| 30 | Limbach Holdings | LMB | 155,401 | $15.1M | 1.10% |
| 31 | Saia Inc | SAIA | 49,376 | $14.8M | 1.08% |
| 32 | Applied Digital Corp | APLD | 610,193 | $14.0M | 1.02% |
| 33 | MP Materials Corp | MP | 203,093 | $13.6M | 0.99% |
| 34 | Innodata Inc | INOD | 176,347 | $13.6M | 0.99% |
| 35 | Penumbra | PEN | 51,928 | $13.2M | 0.96% |
| 36 | Dutch Bros Inc | BROS | 247,771 | $13.0M | 0.95% |
| 37 | JFrog | FROG | 273,939 | $13.0M | 0.95% |
| 38 | Credo Technology Group Holding | CRDO | 88,569 | $12.9M | 0.94% |
| 39 | Celsius Holdings | CELH | 220,604 | $12.7M | 0.92% |
| 40 | Mama's Creations | 56146T103 | 1,094,707 | $11.5M | 0.84% |
| 41 | Amazon.Com | AMZN | 51,423 | $11.3M | 0.82% |
| 42 | Coherent Corp | COHR | 102,674 | $11.1M | 0.81% |
| 43 | Aaon Inc | AAON | 117,233 | $11.0M | 0.80% |
| 44 | Broadcom | AVGO | 31,853 | $10.5M | 0.77% |
| 45 | Waystar Holdings | WAY | 276,819 | $10.5M | 0.77% |
| 46 | ELF Beauty | ELF | 77,004 | $10.2M | 0.74% |
| 47 | Toll Brothers Inc | TOL | 72,900 | $10.1M | 0.73% |
| 48 | Karman Holdings | KRMN | 137,135 | $9.9M | 0.72% |
| 49 | Bloom Energy Corp | BE | 113,542 | $9.6M | 0.70% |
| 50 | Alphabet Inc-Cl A | GOOG | 39,210 | $9.5M | 0.69% |
| 51 | Terawulf Inc | WULF | 772,158 | $8.8M | 0.64% |
| 52 | Agilysys | AGYS | 83,321 | $8.8M | 0.64% |
| 53 | Porch Group | PRCH | 521,909 | $8.8M | 0.64% |
| 54 | Coastal Financial Corp | 19046P209 | 77,493 | $8.4M | 0.61% |
| 55 | Aehr Test Systems | AEHR | 276,346 | $8.3M | 0.61% |
| 56 | Meta Platforms, Inc. | META | 10,927 | $8.0M | 0.58% |
| 57 | Adeptive BioTechnologies | ADTI | 531,317 | $7.9M | 0.58% |
| 58 | Aerovironment | AVAV | 24,840 | $7.8M | 0.57% |
| 59 | American Superconductor | AMSC | 128,220 | $7.6M | 0.56% |
| 60 | Zeta Global | ZETA | 374,047 | $7.4M | 0.54% |
| 61 | Global-E Online | GLBE | 198,256 | $7.1M | 0.52% |
| 62 | Netskope | NTSK | 309,082 | $7.0M | 0.51% |
| 63 | Boeing Co | BA-PA | 32,251 | $7.0M | 0.51% |
| 64 | Biolife Solutions | BLFS | 264,005 | $6.7M | 0.49% |
| 65 | StandardAero Inc | SARO | 244,591 | $6.7M | 0.49% |
| 66 | Centrus Energy Corp | LEU | 21,425 | $6.6M | 0.48% |
| 67 | Q2 Holdings | QTWO | 89,446 | $6.5M | 0.47% |
| 68 | Western Alliance Bancorp | WAL-PA | 74,509 | $6.5M | 0.47% |
| 69 | Blend Labs | BLND | 1,765,108 | $6.4M | 0.47% |
| 70 | Howmet Aerospace | HWM | 32,188 | $6.3M | 0.46% |
| 71 | Goldman Sachs Group Com | GSCE | 7,763 | $6.2M | 0.45% |
| 72 | ServiceTitan | TTAN | 61,166 | $6.2M | 0.45% |
| 73 | Transmedics Group Inc | TMDX | 54,350 | $6.1M | 0.44% |
| 74 | Bridgewater Bancshares | BWBBP | 340,347 | $6.0M | 0.44% |
| 75 | Applovin | APP | 8,217 | $5.9M | 0.43% |
| 76 | Costco Wholesale Corp | 22160K105 | 6,282 | $5.8M | 0.42% |
| 77 | ADMA Biologics | ADMA | 395,556 | $5.8M | 0.42% |
| 78 | Snowflake Inc | SNOW | 25,509 | $5.8M | 0.42% |
| 79 | Shopify Inc | SHOP | 38,119 | $5.7M | 0.41% |
| 80 | Orion Group Holdings | ORN | 670,416 | $5.6M | 0.41% |
| 81 | Tesla Motors Inc | TSLA | 12,496 | $5.6M | 0.41% |
| 82 | Park AeroSpace | PKE | 272,546 | $5.5M | 0.40% |
| 83 | Klaviyo Inc | KVYO | 199,397 | $5.5M | 0.40% |
| 84 | Great Lakes Dredge & Doc | GLDD | 446,821 | $5.4M | 0.39% |
| 85 | Alkami Technology | ALKT | 215,490 | $5.4M | 0.39% |
| 86 | Wingstop | WING | 20,204 | $5.1M | 0.37% |
| 87 | Arteris | AIP | 495,308 | $5.0M | 0.36% |
| 88 | Vertiv Holdings | VRT | 33,098 | $5.0M | 0.36% |
| 89 | Legence Corp | LGN | 158,049 | $4.9M | 0.35% |
| 90 | M-Tron Industries | 55380K109 | 87,050 | $4.8M | 0.35% |
| 91 | Evolv Technologies | EVLVW | 637,772 | $4.8M | 0.35% |
| 92 | Goosehead Insurance | GSHD | 62,559 | $4.7M | 0.34% |
| 93 | Ategrity Specialty Holdings | 04681Y103 | 228,476 | $4.5M | 0.33% |
| 94 | Kestra Medical Technology | BEKE | 183,013 | $4.3M | 0.32% |
| 95 | Optimizerx Corp | OPRX | 210,719 | $4.3M | 0.31% |
| 96 | TWFG Inc | TWFG | 143,340 | $3.9M | 0.29% |
| 97 | Black Rock Coffee Bar | BRCB | 157,077 | $3.7M | 0.27% |
| 98 | Loar Holdings | LOAR | 46,217 | $3.7M | 0.27% |
| 99 | Quanta Services | 74762E102 | 8,838 | $3.7M | 0.27% |
| 100 | Knight-Swift Transportation Ho | 499049104 | 89,330 | $3.5M | 0.26% |
| 101 | Owlet Inc | OWLTW | 409,500 | $3.5M | 0.25% |
| 102 | Visa Inc | V | 9,500 | $3.2M | 0.24% |
| 103 | Oracle Corporation | ORCL-PD | 11,402 | $3.2M | 0.23% |
| 104 | Kura Sushi USA | KRUS | 51,666 | $3.1M | 0.22% |
| 105 | ServiceNow Inc | NOW | 3,221 | $3.0M | 0.22% |
| 106 | Mastercard Inc | MA | 5,069 | $2.9M | 0.21% |
| 107 | MongoDB | MDB | 8,977 | $2.8M | 0.20% |
| 108 | Axon Enterprise | AXON | 3,726 | $2.7M | 0.19% |
| 109 | Guidewire Software | GWRE | 11,601 | $2.7M | 0.19% |
| 110 | GE Vernova | GEV | 4,187 | $2.6M | 0.19% |
| 111 | Frequency Electronics | FRQN | 73,066 | $2.5M | 0.18% |
| 112 | Intapp | INTA | 59,757 | $2.4M | 0.18% |
| 113 | Robinhood Markets | 770700102 | 16,956 | $2.4M | 0.18% |
| 114 | Amprius Technologies | AMPX-WT | 228,628 | $2.4M | 0.18% |
| 115 | Caterpillar | CAT | 5,032 | $2.4M | 0.18% |
| 116 | Insmed Inc | INSM | 15,849 | $2.3M | 0.17% |
| 117 | Spotify Technology | SPOT | 3,058 | $2.1M | 0.16% |
| 118 | Carvana | CVNA | 5,591 | $2.1M | 0.15% |
| 119 | Netflix.com | NFLX | 1,631 | $2.0M | 0.14% |
| 120 | Boston Scientific Corp | BSX | 19,244 | $1.9M | 0.14% |
| 121 | Progressive Corp | 743315103 | 3,954 | $976,440 | 0.07% |
| 122 | Crowdstrike Holdings Inc | CRWD | 1,951 | $956,731 | 0.07% |
| 123 | SI-BONE Inc | SIBN | 23,341 | $343,579 | 0.03% |
| 124 | M-Tron Industries - Warrants | 55380K125 | 70,349 | $123,110 | 0.01% |