NEXT CENTURY GROWTH INVESTORS LLC

Q4 2025 13F-HR Holdings

Location
Plymouth, MN
Holdings as of
12/31/2025
Date filed
2/13/2026
Form type
13F-HR
Num holdings
121
Total value ($000)
$1,439,940
Net value change ($000)
+68,135 (5.0%)
New positions
17
Sold out positions
20
Turnover %
17.4%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
AXGN 26,180 NEW
ATEC 17,739 53.5%
ALM 16,345 NEW
AAOI 16,220 NEW
ADMA 14,279 246.2%
CCB 12,041 143.7%
MAMA 11,312 98.3%
TCMD 11,309 NEW
FROG 9,393 72.4%
FEIM 9,338 376.8%
Top Reduces (Value $000, Stocks/ETFs)
AGX -17,814 -100.0%
PI -15,879 -84.0%
AVPT -15,440 -100.0%
PGY -13,684 -69.8%
OLLI -12,230 -56.7%
LMB -12,105 -80.2%
ELF -10,201 -100.0%
TOL -10,070 -100.0%
KNSL -9,939 -58.8%
PRCH -8,758 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type