13F HOLDINGS REPORT
NEXT CENTURY GROWTH INVESTORS LLC
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0001134007-26-000002
Total Value
$1.44B
Positions
121
Other Managers
1
Confidential Omitted
No
Holdings (121)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Astronics Corp | ATROB | 1,067,612 | $57.9M | 4.02% |
| 2 | Alphatec Holdings Inc | ATEC | 2,418,298 | $50.9M | 3.53% |
| 3 | Xometry Inc | XMTR | 803,613 | $47.8M | 3.32% |
| 4 | Artivion Inc | AORT | 1,044,395 | $47.6M | 3.31% |
| 5 | Alignment Healthcare | ALHC | 2,308,287 | $45.6M | 3.17% |
| 6 | Paymentus Holdings | PAY | 1,181,624 | $37.3M | 2.59% |
| 7 | iRhythm Holdings | IRTC | 172,838 | $30.7M | 2.13% |
| 8 | Universal Technical Institute | UTI | 1,123,067 | $29.3M | 2.04% |
| 9 | Mirum Pharmaceuticals | MIRM | 368,035 | $29.1M | 2.02% |
| 10 | MYR Group Inc | MYRG | 132,496 | $29.0M | 2.01% |
| 11 | Axogen Inc | AXGN | 799,882 | $26.2M | 1.82% |
| 12 | Sterling Infrastruture | STRL | 81,939 | $25.1M | 1.74% |
| 13 | FTAI Aviation | FTAIN | 117,912 | $23.2M | 1.61% |
| 14 | Nvidia Corporation | NVDA | 124,203 | $23.2M | 1.61% |
| 15 | Lattice Semiconductor Corp | LSCC | 310,945 | $22.9M | 1.59% |
| 16 | Mama's Creations | 56146T103 | 1,691,395 | $22.8M | 1.58% |
| 17 | GeneDx Holdings | WGSWW | 173,411 | $22.6M | 1.57% |
| 18 | JFrog | FROG | 357,976 | $22.4M | 1.55% |
| 19 | Apple Computer Inc | AAPL | 79,402 | $21.6M | 1.50% |
| 20 | MACOM Technology Solutions Hol | 55405Y100 | 125,466 | $21.5M | 1.49% |
| 21 | Planet Labs PBC | PL-WT | 1,065,166 | $21.0M | 1.46% |
| 22 | Microsoft Corp. | MSFT | 43,212 | $20.9M | 1.45% |
| 23 | Coastal Financial Corp | 19046P209 | 178,224 | $20.4M | 1.42% |
| 24 | ADMA Biologics | ADMA | 1,100,773 | $20.1M | 1.39% |
| 25 | Applied Digital Corp | APLD | 797,237 | $19.5M | 1.36% |
| 26 | Lincoln Educational Services | 533535100 | 791,271 | $19.1M | 1.33% |
| 27 | Dutch Bros Inc | BROS | 308,910 | $18.9M | 1.31% |
| 28 | Innodata Inc | INOD | 365,835 | $18.6M | 1.29% |
| 29 | Carpenter Technology | CRS | 58,555 | $18.4M | 1.28% |
| 30 | Coherent Corp | COHR | 99,517 | $18.4M | 1.28% |
| 31 | Karman Holdings | KRMN | 232,320 | $17.0M | 1.18% |
| 32 | RBC Bearings Inc | RBC | 36,764 | $16.5M | 1.14% |
| 33 | Almonty Industries | 020398707 | 1,855,260 | $16.3M | 1.14% |
| 34 | Applied Optoelectronics | AAOI | 465,288 | $16.2M | 1.13% |
| 35 | Adaptive Biotechnologies | ADTI | 943,597 | $15.3M | 1.06% |
| 36 | Penumbra | PEN | 47,830 | $14.9M | 1.03% |
| 37 | Sitime Corp | SITM | 39,199 | $13.8M | 0.96% |
| 38 | Terawulf Inc | WULF | 1,180,535 | $13.6M | 0.94% |
| 39 | Kestra Medical Technology | BEKE | 465,845 | $12.4M | 0.86% |
| 40 | Transmedics Group Inc | TMDX | 98,468 | $12.0M | 0.83% |
| 41 | Amazon.Com | AMZN | 51,436 | $11.9M | 0.82% |
| 42 | Frequency Electronics | FRQN | 219,463 | $11.8M | 0.82% |
| 43 | Celsius Holdings | CELH | 247,930 | $11.3M | 0.79% |
| 44 | Tactile Systems | 87357P100 | 389,980 | $11.3M | 0.79% |
| 45 | Park AeroSpace | PKE | 526,054 | $11.2M | 0.78% |
| 46 | Aehr Test Systems | AEHR | 552,506 | $11.2M | 0.77% |
| 47 | Broadcom | AVGO | 31,792 | $11.0M | 0.76% |
| 48 | Global-E Online | GLBE | 274,708 | $10.8M | 0.75% |
| 49 | Alphabet Inc-Cl A | GOOG | 34,294 | $10.7M | 0.75% |
| 50 | Aaon Inc | AAON | 139,381 | $10.6M | 0.74% |
| 51 | Legence Corp | LGN | 242,045 | $10.4M | 0.72% |
| 52 | Netskope | NTSK | 578,365 | $10.1M | 0.70% |
| 53 | Credo Technology Group Holding | CRDO | 70,232 | $10.1M | 0.70% |
| 54 | Saia Inc | SAIA | 30,739 | $10.0M | 0.70% |
| 55 | Agilysys | AGYS | 82,990 | $9.9M | 0.68% |
| 56 | Ollie's Bargain Outlet | 681116109 | 85,167 | $9.3M | 0.65% |
| 57 | Centrus Energy Corp | LEU | 33,462 | $8.1M | 0.56% |
| 58 | Owlet Inc | OWLTW | 484,908 | $7.9M | 0.55% |
| 59 | Waystar Holdings | WAY | 237,035 | $7.8M | 0.54% |
| 60 | StandardAero Inc | SARO | 269,301 | $7.7M | 0.54% |
| 61 | Arteris | AIP | 493,367 | $7.6M | 0.53% |
| 62 | Zeta Global | ZETA | 372,581 | $7.6M | 0.53% |
| 63 | Kinsale Capital Group | 49714P108 | 17,833 | $7.0M | 0.48% |
| 64 | Pegasystems | PEGA | 116,666 | $7.0M | 0.48% |
| 65 | Goldman Sachs Group Com | GSCE | 7,754 | $6.8M | 0.47% |
| 66 | Orion Group Holdings | ORN | 667,654 | $6.6M | 0.46% |
| 67 | MP Materials Corp | MP | 131,327 | $6.6M | 0.46% |
| 68 | Howmet Aerospace | HWM | 32,122 | $6.6M | 0.46% |
| 69 | Phathom Pharmaceuticals | PHAT | 393,774 | $6.5M | 0.45% |
| 70 | Aerovironment | AVAV | 26,691 | $6.5M | 0.45% |
| 71 | Figure Technology Solutions | FGRS | 157,017 | $6.4M | 0.45% |
| 72 | Biolife Solutions | BLFS | 262,971 | $6.4M | 0.44% |
| 73 | Optimizerx Corp | OPRX | 505,407 | $6.2M | 0.43% |
| 74 | Shopify Inc | SHOP | 38,036 | $6.1M | 0.43% |
| 75 | Wingstop | WING | 25,642 | $6.1M | 0.42% |
| 76 | Meta Platforms, Inc. | META | 9,183 | $6.1M | 0.42% |
| 77 | Bridgewater Bancshares | BWBBP | 339,012 | $5.9M | 0.41% |
| 78 | Pagaya Technologies | PGYWW | 283,680 | $5.9M | 0.41% |
| 79 | TAT Technologies | TATT | 132,154 | $5.9M | 0.41% |
| 80 | Evolv Technologies | EVLVW | 820,478 | $5.9M | 0.41% |
| 81 | M-Tron Industries | 55380K109 | 109,884 | $5.8M | 0.41% |
| 82 | Snowflake Inc | SNOW | 25,469 | $5.6M | 0.39% |
| 83 | Applovin | APP | 8,190 | $5.5M | 0.38% |
| 84 | GE Aerospace | 369604301 | 17,533 | $5.4M | 0.38% |
| 85 | Vertiv Holdings | VRT | 33,111 | $5.4M | 0.37% |
| 86 | Personalis Inc | PSNL | 624,363 | $5.0M | 0.35% |
| 87 | Tesla Motors Inc | TSLA | 10,742 | $4.8M | 0.34% |
| 88 | GE Vernova | GEV | 6,389 | $4.2M | 0.29% |
| 89 | Robinhood Markets | 770700102 | 36,767 | $4.2M | 0.29% |
| 90 | Bloom Energy Corp | BE | 45,776 | $4.0M | 0.28% |
| 91 | MongoDB | MDB | 8,974 | $3.8M | 0.26% |
| 92 | Axon Enterprise | AXON | 6,442 | $3.7M | 0.25% |
| 93 | Black Rock Coffee Bar | BRCB | 161,601 | $3.6M | 0.25% |
| 94 | Insmed Inc | INSM | 20,301 | $3.5M | 0.25% |
| 95 | Visa Inc | V | 9,580 | $3.4M | 0.23% |
| 96 | Procore Technologies | PCOR | 44,735 | $3.3M | 0.23% |
| 97 | Loar Holdings | LOAR | 46,036 | $3.1M | 0.22% |
| 98 | Impinj Inc | PI | 17,444 | $3.0M | 0.21% |
| 99 | Ategrity Specialty Holdings | 04681Y103 | 143,657 | $3.0M | 0.21% |
| 100 | BillionToOne | BLLN | 36,659 | $3.0M | 0.21% |
| 101 | Limbach Holdings | LMB | 38,381 | $3.0M | 0.21% |
| 102 | Mastercard Inc | MA | 5,113 | $2.9M | 0.20% |
| 103 | Caterpillar | CAT | 5,026 | $2.9M | 0.20% |
| 104 | Advanced Micro Devices | AMD | 13,086 | $2.8M | 0.19% |
| 105 | SI-BONE Inc | SIBN | 141,998 | $2.8M | 0.19% |
| 106 | Beta Technologies | BETA | 94,526 | $2.7M | 0.19% |
| 107 | United States Antimony | UAMY | 480,430 | $2.4M | 0.17% |
| 108 | Carvana | CVNA | 5,604 | $2.4M | 0.16% |
| 109 | Boeing Co | BA-PA | 10,834 | $2.4M | 0.16% |
| 110 | Quanta Services | 74762E102 | 5,496 | $2.3M | 0.16% |
| 111 | Roku Inc | ROKU | 20,599 | $2.2M | 0.16% |
| 112 | Oracle Corporation | ORCL-PD | 11,385 | $2.2M | 0.15% |
| 113 | Guidewire Software | GWRE | 9,943 | $2.0M | 0.14% |
| 114 | ServiceNow Inc | NOW | 12,870 | $2.0M | 0.14% |
| 115 | Costco Wholesale Corp | 22160K105 | 2,242 | $1.9M | 0.13% |
| 116 | Goosehead Insurance | GSHD | 26,050 | $1.9M | 0.13% |
| 117 | Guardant Health | GH | 18,484 | $1.9M | 0.13% |
| 118 | Crowdstrike Holdings Inc | CRWD | 3,828 | $1.8M | 0.12% |
| 119 | Boston Scientific Corp | BSX | 10,198 | $972,379 | 0.07% |
| 120 | Great Lakes Dredge & Doc | GLDD | 30,520 | $400,422 | 0.03% |
| 121 | M-Tron Industries - Warrants | 55380K125 | 27,967 | $27,967 | 0.00% |