NEXT CENTURY GROWTH INVESTORS LLC — 13F Holdings & Portfolio
CIK 1134007 · latest 13F-HR filed 2026-05-14
NEXT CENTURY GROWTH INVESTORS LLC manages $1.38B in 13F-reported U.S. long-equity assets across 112 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are ATRO (3.80%), LINC (3.07%), ALHC (2.89%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 20 new positions, exited 29, added to 40, and trimmed 47.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$1.38B
Long-equity book
112
Distinct positions
2026-03-31
Filed 2026-05-14
+20 / −29 / ↑40 / ↓47
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- Lincoln Educational Services$23.2M +121.5%
- Aehr Test Systems$16.8M +150.9%
- Global-E Online$12.7M +117.8%
- Applied Optoelectronics$10.9M +67.3%
- Almonty Industries$10.0M +61.2%
Top Trims
- Alphatec Holdings Inc-$25.1M -49.3%
- Xometry Inc-$15.6M -32.7%
- JFrog-$14.0M -62.5%
- Planet Labs PBC-$13.1M -62.5%
- ADMA Biologics-$13.1M -65.2%
New Positions
- Ligand Pharmaceuticals$19.1M
- Ultra Clean Holdings$17.4M
- Heartflow$15.9M
- Modine Manufacturing$10.9M
- Knight-Swift Transportation Ho$9.1M
Exited Positions
- GeneDx Holdings$22.6M
- Coastal Financial Corp$20.4M
- Penumbra$14.9M
- Netskope$10.1M
- Credo Technology Group Holding$10.1M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | Astronics Corp | ATRO | 046433108 | $52.5M | 3.80% | 786,317 | SH |
| 2 | Lincoln Educational Services | LINC | 533535100 | $42.3M | 3.07% | 1,040,602 | SH |
| 3 | Alignment Healthcare | ALHC | 01625V104 | $39.9M | 2.89% | 2,262,076 | SH |
| 4 | Artivion Inc | AORT | 228903100 | $37.5M | 2.72% | 1,023,701 | SH |
| 5 | MYR Group Inc | MYRG | 55405W104 | $36.6M | 2.65% | 129,579 | SH |
| 6 | Mirum Pharmaceuticals | MIRM | 604749101 | $35.6M | 2.58% | 385,539 | SH |
| 7 | Universal Technical Institute | UTI | 913915104 | $34.5M | 2.50% | 955,102 | SH |
| 8 | Xometry Inc | XMTR | 98423F109 | $32.2M | 2.33% | 787,430 | SH |
| 9 | Paymentus Holdings | PAY | 70439P108 | $29.4M | 2.13% | 1,158,353 | SH |
| 10 | MACOM Technology Solutions Hol | MTSI | 55405Y100 | $28.9M | 2.10% | 130,256 | SH |
| 11 | Axogen Inc | AXGN | 05463X106 | $28.7M | 2.08% | 865,963 | SH |
| 12 | Aehr Test Systems | AEHR | 00760J108 | $28.0M | 2.03% | 754,737 | SH |
| 13 | Sterling Infrastruture | STRL | 859241101 | $27.5M | 1.99% | 67,407 | SH |
| 14 | Applied Optoelectronics | AAOI | 03823U102 | $27.1M | 1.97% | 320,731 | SH |
| 15 | Mama's Creations | MAMA | 56146T103 | $26.8M | 1.94% | 1,746,308 | SH |
| 16 | Almonty Industries | ALM | 020398707 | $26.3M | 1.91% | 1,819,124 | SH |
| 17 | Coherent Corp | COHR | 19247G107 | $26.2M | 1.90% | 109,999 | SH |
| 18 | Lattice Semiconductor Corp | LSCC | 518415104 | $25.9M | 1.88% | 279,600 | SH |
| 19 | Alphatec Holdings Inc | ATEC | 02081G201 | $25.8M | 1.87% | 2,370,377 | SH |
| 20 | FTAI Aviation | FTAI | G3730V105 | $24.1M | 1.74% | 98,235 | SH |
| 21 | Global-E Online | GLBE | M5216V106 | $23.5M | 1.70% | 762,300 | SH |
| 22 | Carpenter Technology | CRS | 144285103 | $22.5M | 1.63% | 57,179 | SH |
| 23 | RBC Bearings Inc | RBC | 75524B104 | $21.5M | 1.56% | 39,498 | SH |
| 24 | iRhythm Holdings | IRTC | 450056106 | $20.0M | 1.45% | 169,306 | SH |
| 25 | Apple Computer Inc | AAPL | 037833100 | $19.8M | 1.44% | 78,087 | SH |
| 26 | Nvidia Corporation | NVDA | 67066G104 | $19.7M | 1.43% | 113,223 | SH |
| 27 | Ligand Pharmaceuticals | LGND | 53220K504 | $19.1M | 1.39% | 95,876 | SH |
| 28 | Park AeroSpace | PKE | 70014A104 | $18.4M | 1.33% | 672,168 | SH |
| 29 | Ultra Clean Holdings | UCTT | 90385V107 | $17.4M | 1.26% | 280,543 | SH |
| 30 | Sitime Corp | SITM | 82982T106 | $17.3M | 1.25% | 49,984 | SH |
| 31 | Dutch Bros Inc | BROS | 26701L100 | $16.9M | 1.22% | 332,828 | SH |
| 32 | Heartflow | HTFL | 42238D107 | $15.9M | 1.15% | 652,969 | SH |
| 33 | Saia Inc | SAIA | 78709Y105 | $14.5M | 1.05% | 41,151 | SH |
| 34 | Innodata Inc | INOD | 457642205 | $14.2M | 1.03% | 368,402 | SH |
| 35 | Karman Holdings | KRMN | 485924104 | $13.7M | 0.99% | 171,203 | SH |
| 36 | Legence Corp | LGN | 52476L109 | $13.4M | 0.97% | 238,114 | SH |
| 37 | Ollie's Bargain Outlet | OLLI | 681116109 | $12.2M | 0.89% | 132,800 | SH |
| 38 | Agilysys | AGYS | 00847J105 | $11.4M | 0.83% | 160,490 | SH |
| 39 | Tactile Systems | TCMD | 87357P100 | $11.2M | 0.81% | 428,159 | SH |
| 40 | Alphabet Inc-Cl A | GOOGL | 02079K305 | $11.2M | 0.81% | 38,844 | SH |
| 41 | Microsoft Corp. | MSFT | 594918104 | $11.1M | 0.81% | 30,004 | SH |
| 42 | Modine Manufacturing | MOD | 607828100 | $10.9M | 0.79% | 50,223 | SH |
| 43 | Applied Digital Corp | APLD | 038169207 | $10.3M | 0.74% | 431,900 | SH |
| 44 | Terawulf Inc | WULF | 88080T104 | $10.0M | 0.73% | 694,476 | SH |
| 45 | Celsius Holdings | CELH | 15118V207 | $9.8M | 0.71% | 277,288 | SH |
| 46 | Arteris | AIP | 04302A104 | $9.7M | 0.70% | 589,585 | SH |
| 47 | Broadcom | AVGO | 11135F101 | $9.7M | 0.70% | 31,267 | SH |
| 48 | Transmedics Group Inc | TMDX | 89377M109 | $9.6M | 0.69% | 96,445 | SH |
| 49 | Frequency Electronics | FEIM | 358010106 | $9.6M | 0.69% | 216,374 | SH |
| 50 | Kestra Medical Technology | KMTS | G52441105 | $9.1M | 0.66% | 457,558 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-14 | $1.38B | 112 | 0001134007-26-000003 |
| 2025-12-31 | 2026-02-13 | $1.44B | 121 | 0001134007-26-000002 |
| 2025-09-30 | 2025-11-14 | $1.37B | 124 | 0001134007-25-000012 |