Equal-WT
WhaleScore 2.0
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Next Century Growth Investors is based out of Plymouth. Next Century Growth Investors is a large advisory firm with 31 clients and discretionary assets under management (AUM) of $1,155,183,043 (Form ADV from 2024-03-28). Their last reported 13F filing for Q2 2024 included $1,204,127,832 in managed 13F securities
and a top 10 holdings concentration of 30.99%. Next Century Growth Investors's largest holding is Transmedics Group Inc with shares held of 336,397. Whalewisdom has at least 99 13F filings, and 181 13G filings
Business Description
The advisory business charges fees for investment management services, which are prorated on a daily basis to the termination date. Clients also pay brokerage charges, custodial fees, taxes, and other costs associated with buying and selling securities. The final charge for investment management services is determined based on the termination date.
The advisory business also offers performance-based fees and side-by-side management, but further details about these services are not provided in the context.
Investment Strategy
Next Century Growth Investors (NCG) focuses on investing in high-quality, fast-growing American companies. They identify these companies through direct research, looking for characteristics like large market opportunities, leadership positions, control over distribution, strong management, and robust revenue growth. NCG's portfolio managers conduct extensive research, including hundreds of direct meetings with analysts, industry contacts, and company management teams, to build a portfolio that aims to participate in the fastest-growing sectors of the economy.
NCG supplements their research with financial data, news, and analysis from brokerages, independent research firms, and Factset. Their investment strategies may involve investing in a limited number of stocks, which can lead to higher risk due to the potential for significant impact from changes in the value of a single security. Additionally, there is a risk that NCG may not successfully execute their strategies, even after applying their investment process.
Owners
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Other Contact Information
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2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| PAR Par Technology Corp. | 1.43% |
| COHR Coherent Corp | 1% |
| PRCT Procept BioRobotics | 0.83% |
| NSSC NAPCO Security Techn | 0.81% |
| FTAI FTAI Aviation Ltd | 0.73% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| SPT Sprout Social, Inc. | 2.61% |
| LGIH LGI Homes Inc | 1.94% |
| KRUS Kura Sushi USA Inc | 1.05% |
| VERX Vertex, Inc. | 0.98% |
| TMCI Treace Medical Conce | 0.87% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| TMDX Transmedics Group In | 4.21% |
| ATRO Astronics Corp. | 3.95% |
| VRRM Verra Mobility Corp | 3.43% |
| NSSC NAPCO Security Techn | 3.38% |
| TNDM Tandem Diabetes Care | 3.06% |
All or part of NEXT CENTURY GROWTH INVESTORS LLC 13F disclosures were filed
under a combined 13F through
RIVERPARK ADVISORS, LLC
for 2024-06-30
for 2024-06-30
2024-06-30
13F Activity
| Market Value | $1.20b, Prior: $1.15b |
| Inflows (Outflows) as % of Total MV | +2.4315% |
| New Purchases | 16 stocks |
| Added To | 46 stocks |
| Sold out of | 14 stocks |
| Reduced holdings in | 60 stocks |
| Top 10 Holdings % | 30.99% |
| Turnover %[1] | 22.06% |
| Turnover Alt %[2] | 17.64% |
| Time Held Top 20 | 4.05 quarters |
| Time Held Top 10 | 3 quarters |
| Time Held All | 9.56 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-06-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30