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Next Century Growth Investors LLC

CIK:0001134007
Investment Adviser
$1B AUM
123 holdings
Plymouth, MN, United States
Founded:1998
9 employees
Latest filing:Jun 30, 2025

Next Century Growth Investors LLC is a registered investment adviser headquartered in Plymouth, Minnesota. Founded in 1998, the firm focuses on growth equity strategies for institutional and high-net-worth clients. As of 2025, it has roughly 9 employees, over half of whom are investors, and serves clients seeking professionally managed portfolios primarily in public equities.

Investment Strategy

Next Century Growth Investors LLC employs a growth-oriented investment approach, primarily focusing on small- and mid-cap equities in the U.S. market. The strategy centers on identifying companies with strong revenue and earnings growth prospects, robust fundamentals, and the potential for long-term capital appreciation. The firm’s disciplined research process emphasizes in-depth fundamental analysis and leverages a concentrated portfolio to maximize returns for institutional and high-net-worth clients.

Top Buys
S
STRLSterling Infrastruture
+$25.6M
C
CDNACare Dx
+$17.1M
T
TMDXTransmedics Group Inc
+$16.0M
I
IRTCIRhythm Technologies
+$12.8M
A
AGYSAgilysys
+$12.4M
Top Sells
G
GDYNGrid Dynamics Holdings Inc.
-$22.5M
W
WGSGeneDx Holding Corp
-$16.5M
I
INODInnodata Inc
-$13.0M
P
PYCRPaycor HCM
-$9.7M
A
AAONAaon Inc
-$9.7M

Top Holdings

A
ATROAstronics Corp
+3.3%$42.4M
P
PAYPaymentus Holdings
+2.9%$37.0M
S
STRLSterling Infrastruture
+2.7%$34.8M
I
IRTCIRhythm Technologies
+2.7%$34.6M
U
UTIUniversal Technical Institute
+2.5%$32.5M

Equity Positions (121)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
A
ATRO
Astronics Corp3.28%$42.4M1,267,874$16.30$33.48+$11.3M
P
PAY
Paymentus Holdings2.86%$37.0M1,129,725$19.72$32.75+$1.6M
S
STRL
Sterling Infrastruture2.69%$34.8M150,972$180.68$230.73+$25.6M
I
IRTC
IRhythm Technologies2.67%$34.6M224,863$108.33$153.96+$12.8M
U
UTI
Universal Technical Institute2.51%$32.5M958,891$18.01$33.89+$5.5M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+13.5%
SERVICES-BUSINESS SERVICES, NEC
+9.7%
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
+7.1%
SEMICONDUCTORS & RELATED DEVICES
+6.5%
AIRCRAFT PARTS & AUXILIARY EQUIPMENT, NEC
+4.0%