$11 Billion is the total value of Brown Capital Management's 124 reported holdings in Q3 2018. The portfolio turnover from Q2 2018 to Q3 2018 was 7.9% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PAYC | Sell | PAYCOM SOFTWARE INC | $622,230,000 | +45.9% | 4,003,797 | -7.2% | 5.65% | +29.1% |
| PRLB | Sell | PROTO LABS INC | $601,125,000 | +31.5% | 3,716,383 | -3.3% | 5.46% | +16.4% |
| VEEV | Sell | VEEVA SYS INC | $592,119,000 | +39.9% | 5,438,772 | -1.2% | 5.38% | +23.9% |
| ABMD | Buy | ABIOMED INC | $568,129,000 | +10.2% | 1,263,211 | +0.3% | 5.16% | -2.4% |
| CGNX | Buy | COGNEX CORP | $544,547,000 | +26.7% | 9,755,416 | +1.3% | 4.95% | +12.2% |
| INGN | Buy | INOGEN INC | $537,561,000 | +32.3% | 2,202,035 | +1.0% | 4.88% | +17.2% |
| TYL | Sell | TYLER TECHNOLOGIES INC | $512,352,000 | +10.3% | 2,090,720 | -0.0% | 4.65% | -2.3% |
| BCPC | Buy | BALCHEM CORP | $484,239,000 | +15.4% | 4,320,092 | +1.1% | 4.40% | +2.2% |
| MANH | Buy | MANHATTAN ASSOCS INC | $467,401,000 | +16.3% | 8,560,461 | +0.1% | 4.24% | +2.9% |
| BLKB | Buy | BLACKBAUD INC | $458,679,000 | +0.4% | 4,519,899 | +1.3% | 4.17% | -11.2% |
| NEOG | Sell | NEOGEN CORP | $455,145,000 | -11.3% | 6,362,997 | -0.5% | 4.13% | -21.5% |
| ANSS | Sell | ANSYS INC | $445,442,000 | +2.7% | 2,386,126 | -4.2% | 4.05% | -9.1% |
| TECH | Buy | BIO TECHNE CORP | $422,122,000 | +44.0% | 2,068,108 | +4.4% | 3.83% | +27.5% |
| ELLI | Buy | ELLIE MAE INC | $375,122,000 | -0.5% | 3,958,238 | +9.0% | 3.41% | -12.0% |
| QDEL | Buy | QUIDEL CORP | $361,785,000 | +0.9% | 5,551,399 | +3.0% | 3.29% | -10.7% |
| GWRE | Buy | GUIDEWIRE SOFTWARE INC | $338,077,000 | +13.9% | 3,346,966 | +0.1% | 3.07% | +0.9% |
| MDSO | Sell | MEDIDATA SOLUTIONS INC | $318,185,000 | -9.0% | 4,340,267 | -0.0% | 2.89% | -19.5% |
| SNHY | Buy | SUN HYDRAULICS CORP | $314,824,000 | +14.2% | 5,747,064 | +0.4% | 2.86% | +1.1% |
| CMD | Buy | CANTEL MEDICAL CORP | $311,735,000 | -5.3% | 3,386,217 | +1.2% | 2.83% | -16.1% |
| VCRA | Buy | VOCERA COMMUNICATIONS INC | $202,551,000 | +23.6% | 5,537,204 | +1.0% | 1.84% | +9.5% |
| ACIW | Sell | ACI WORLDWIDE INC | $200,806,000 | +5.7% | 7,135,976 | -7.3% | 1.82% | -6.4% |
| PRO | Buy | PROS HOLDINGS INC | $195,249,000 | -3.2% | 5,575,366 | +1.1% | 1.77% | -14.3% |
| NXGN | New | NEXTGEN HEALTHCARE INC | $189,365,000 | – | 9,430,527 | +100.0% | 1.72% | – |
| ALRM | Buy | ALARM COM HLDGS INC | $156,439,000 | +52.3% | 2,725,426 | +7.1% | 1.42% | +34.8% |
| CSII | Buy | CARDIOVASCULAR SYS INC DEL | $132,632,000 | +47.2% | 3,388,655 | +21.6% | 1.20% | +30.4% |
| NTCT | Sell | NETSCOUT SYS INC | $124,577,000 | -15.2% | 4,933,736 | -0.2% | 1.13% | -24.9% |
| IRWD | Buy | IRONWOOD PHARMACEUTICALS INC | $119,058,000 | -1.2% | 6,449,511 | +2.3% | 1.08% | -12.6% |
| QTWO | New | Q2 HLDGS INC | $102,476,000 | – | 1,692,419 | +100.0% | 0.93% | – |
| IRTC | Buy | IRHYTHM TECHNOLOGIES INC | $93,699,000 | +63.6% | 989,847 | +40.2% | 0.85% | +44.7% |
| BOOM | Sell | DMC GLOBAL INC | $90,706,000 | -9.3% | 2,223,179 | -0.2% | 0.82% | -19.7% |
| EGOV | Sell | NIC INC | $88,330,000 | -5.1% | 5,968,221 | -0.3% | 0.80% | -16.0% |
| ICLR | Sell | ICON PLC | $60,641,000 | +4.9% | 394,415 | -9.6% | 0.55% | -7.1% |
| VIVO | MERIDIAN BIOSCIENCE INC | $54,592,000 | -6.3% | 3,663,919 | 0.0% | 0.50% | -17.1% | |
| AMSWA | Sell | AMERICAN SOFTWARE INCcl a | $50,054,000 | -17.0% | 4,126,441 | -0.3% | 0.46% | -26.5% |
| CCL | Buy | CARNIVAL CORPunit 99/99/9999 | $47,663,000 | +12.6% | 747,423 | +1.2% | 0.43% | -0.2% |
| ZOES | Sell | ZOES KITCHEN INC | $41,085,000 | +28.3% | 3,229,938 | -1.5% | 0.37% | +13.4% |
| INCY | Sell | INCYTE CORP | $40,837,000 | +3.0% | 591,151 | -0.1% | 0.37% | -8.8% |
| CHKP | Buy | CHECK POINT SOFTWARE TECH LTord | $34,047,000 | +41.2% | 289,342 | +17.2% | 0.31% | +25.1% |
| QGEN | Buy | QIAGEN NV | $33,840,000 | +5.9% | 893,359 | +1.1% | 0.31% | -6.4% |
| SSL | Buy | SASOL LTDsponsored adr | $22,051,000 | +6.8% | 570,668 | +1.0% | 0.20% | -5.7% |
| ELGX | Buy | ENDOLOGIX INC | $17,147,000 | -65.5% | 8,977,308 | +2.2% | 0.16% | -69.4% |
| JCI | Buy | JOHNSON CTLS INTL PLC | $15,160,000 | +5.7% | 433,145 | +1.0% | 0.14% | -6.1% |
| MASI | Buy | MASIMO CORP | $13,152,000 | +36.5% | 105,606 | +7.0% | 0.12% | +20.2% |
| CYBR | Buy | CYBERARK SOFTWARE LTD | $11,420,000 | +70.2% | 143,034 | +34.2% | 0.10% | +50.7% |
| TEVA | Buy | TEVA PHARMACEUTICAL INDS LTDsponsored adr | $10,777,000 | -10.6% | 500,333 | +1.0% | 0.10% | -21.0% |
| IVZ | Buy | INVESCO LTD | $9,991,000 | -12.9% | 436,649 | +1.1% | 0.09% | -22.9% |
| MELI | Buy | MERCADOLIBRE INC | $9,394,000 | +44.3% | 27,592 | +26.7% | 0.08% | +26.9% |
| GWPH | Buy | GW PHARMACEUTICALS PLCads | $8,672,000 | +33.3% | 50,203 | +7.6% | 0.08% | +17.9% |
| AAPL | Sell | APPLE INC | $5,819,000 | +17.0% | 25,778 | -4.1% | 0.05% | +3.9% |
| CERN | CERNER CORP | $4,675,000 | +7.7% | 72,589 | 0.0% | 0.04% | -6.7% | |
| AVDL | Buy | AVADEL PHARMACEUTICALS PLCsponsored adr | $4,435,000 | -24.5% | 1,010,177 | +5.4% | 0.04% | -33.3% |
| ORBK | Buy | ORBOTECH LTDord | $4,316,000 | -3.1% | 72,606 | +0.7% | 0.04% | -15.2% |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $4,052,000 | +6.0% | 3,357 | -0.8% | 0.04% | -5.1% |
| TROW | Buy | PRICE T ROWE GROUP INC | $3,779,000 | -5.8% | 34,614 | +0.2% | 0.03% | -17.1% |
| FB | Buy | FACEBOOK INCcl a | $3,319,000 | +9.5% | 20,183 | +29.4% | 0.03% | -3.2% |
| HD | Sell | HOME DEPOT INC | $2,942,000 | +5.7% | 14,201 | -0.5% | 0.03% | -6.9% |
| TSCO | Sell | TRACTOR SUPPLY CO | $3,019,000 | +18.7% | 33,220 | -0.1% | 0.03% | +3.8% |
| AMZN | Buy | AMAZON COM INC | $2,836,000 | +33.0% | 1,416 | +12.9% | 0.03% | +18.2% |
| MSFT | Sell | MICROSOFT CORP | $2,841,000 | +15.9% | 24,844 | -0.1% | 0.03% | +4.0% |
| MA | Sell | MASTERCARD INCORPORATEDcl a | $2,878,000 | +12.0% | 12,928 | -1.2% | 0.03% | 0.0% |
| BR | Buy | BROADRIDGE FINL SOLUTIONS IN | $2,572,000 | +15.9% | 19,496 | +1.1% | 0.02% | 0.0% |
| CELG | Sell | CELGENE CORP | $2,316,000 | +11.7% | 25,877 | -0.9% | 0.02% | 0.0% |
| ORLY | Sell | O REILLY AUTOMOTIVE INC NEW | $2,170,000 | +7.8% | 6,248 | -15.1% | 0.02% | -4.8% |
| NCLH | Sell | NORWEGIAN CRUISE LINE HLDG L | $2,094,000 | +18.0% | 36,460 | -2.9% | 0.02% | +5.6% |
| SCHW | Sell | SCHWAB CHARLES CORP NEW | $2,055,000 | -9.0% | 41,813 | -5.4% | 0.02% | -17.4% |
| ULTI | Buy | ULTIMATE SOFTWARE GROUP INC | $2,008,000 | +54.2% | 6,233 | +23.2% | 0.02% | +38.5% |
| ECL | Sell | ECOLAB INC | $1,727,000 | +8.1% | 11,018 | -3.2% | 0.02% | 0.0% |
| PX | Sell | PRAXAIR INC | $1,813,000 | -3.1% | 11,280 | -4.7% | 0.02% | -15.8% |
| FAST | Buy | FASTENAL CO | $1,801,000 | +25.6% | 31,047 | +4.2% | 0.02% | +6.7% |
| EW | Buy | EDWARDS LIFESCIENCES CORP | $1,601,000 | +25.6% | 9,194 | +5.0% | 0.02% | +15.4% |
| EXPE | Buy | EXPEDIA GROUP INC | $1,533,000 | +16.6% | 11,748 | +7.4% | 0.01% | +7.7% |
| RP | Buy | REALPAGE INC | $1,477,000 | +39.6% | 22,406 | +16.7% | 0.01% | +18.2% |
| SITE | Buy | SITEONE LANDSCAPE SUPPLY INC | $1,215,000 | +0.3% | 16,126 | +11.8% | 0.01% | -8.3% |
| RHT | Buy | RED HAT INC | $1,262,000 | +14.1% | 9,261 | +12.5% | 0.01% | 0.0% |
| ULTA | Sell | ULTA BEAUTY INC | $1,224,000 | +20.8% | 4,337 | -0.0% | 0.01% | +10.0% |
| ADBE | Buy | ADOBE SYS INC | $1,222,000 | +19.9% | 4,525 | +8.3% | 0.01% | +10.0% |
| IPGP | Buy | IPG PHOTONICS CORP | $1,046,000 | +81.6% | 6,705 | +157.0% | 0.01% | +66.7% |
| EFX | EQUIFAX INC | $1,151,000 | +4.4% | 8,815 | 0.0% | 0.01% | -9.1% | |
| JAZZ | Buy | JAZZ PHARMACEUTICALS PLC | $1,080,000 | -1.6% | 6,422 | +0.8% | 0.01% | -9.1% |
| LKQ | Buy | LKQ CORP | $987,000 | +3.2% | 31,167 | +4.0% | 0.01% | -10.0% |
| JBHT | Sell | HUNT J B TRANS SVCS INC | $990,000 | -3.6% | 8,326 | -1.4% | 0.01% | -18.2% |
| ALGN | Buy | ALIGN TECHNOLOGY INC | $923,000 | +20.8% | 2,360 | +5.6% | 0.01% | 0.0% |
| ABT | Sell | ABBOTT LABS | $842,000 | +15.7% | 11,471 | -3.9% | 0.01% | +14.3% |
| GWW | GRAINGER W W INC | $894,000 | +16.0% | 2,500 | 0.0% | 0.01% | 0.0% | |
| CRM | Sell | SALESFORCE COM INC | $882,000 | +16.5% | 5,545 | -0.1% | 0.01% | 0.0% |
| FLT | FLEETCOR TECHNOLOGIES INC | $870,000 | +8.1% | 3,820 | 0.0% | 0.01% | 0.0% | |
| SBUX | Buy | STARBUCKS CORP | $895,000 | +18.7% | 15,749 | +2.0% | 0.01% | 0.0% |
| V | Buy | VISA INC | $880,000 | +14.9% | 5,866 | +1.4% | 0.01% | 0.0% |
| BFAM | BRIGHT HORIZONS FAM SOL IN D | $725,000 | +15.1% | 6,149 | 0.0% | 0.01% | +16.7% | |
| ADP | Buy | AUTOMATIC DATA PROCESSING IN | $787,000 | +12.6% | 5,224 | +0.2% | 0.01% | 0.0% |
| ZTS | ZOETIS INCcl a | $747,000 | +7.5% | 8,154 | 0.0% | 0.01% | 0.0% | |
| FISV | New | FISERV INC | $811,000 | – | 9,840 | +100.0% | 0.01% | – |
| ADSK | Buy | AUTODESK INC | $743,000 | +56.4% | 4,757 | +31.3% | 0.01% | +40.0% |
| MCD | Buy | MCDONALDS CORP | $697,000 | +15.8% | 4,168 | +8.5% | 0.01% | 0.0% |
| WEC | Buy | WEC ENERGY GROUP INC | $633,000 | +3.6% | 9,478 | +0.3% | 0.01% | 0.0% |
| UNP | Sell | UNION PAC CORP | $688,000 | +12.4% | 4,224 | -2.2% | 0.01% | 0.0% |
| PWR | Sell | QUANTA SVCS INC | $676,000 | -7.5% | 20,254 | -7.5% | 0.01% | -25.0% |
| JPM | Sell | JPMORGAN CHASE & CO | $662,000 | +7.8% | 5,869 | -0.5% | 0.01% | 0.0% |
| CMG | CHIPOTLE MEXICAN GRILL INC | $660,000 | +5.4% | 1,452 | 0.0% | 0.01% | 0.0% | |
| JKHY | Buy | HENRY JACK & ASSOC INC | $563,000 | +71.1% | 3,515 | +39.4% | 0.01% | +66.7% |
| ABBV | Buy | ABBVIE INC | $602,000 | +2.4% | 6,368 | +0.3% | 0.01% | -16.7% |
| BKNG | Buy | BOOKING HLDGS INC | $559,000 | +22.6% | 282 | +25.3% | 0.01% | 0.0% |
| ITW | ILLINOIS TOOL WKS INC | $543,000 | +1.9% | 3,849 | 0.0% | 0.01% | 0.0% | |
| ORCL | Sell | ORACLE CORP | $507,000 | +11.7% | 9,842 | -4.5% | 0.01% | 0.0% |
| WAT | WATERS CORP | $597,000 | +0.5% | 3,068 | 0.0% | 0.01% | -16.7% | |
| GE | Sell | GENERAL ELECTRIC CO | $431,000 | -39.3% | 38,167 | -26.8% | 0.00% | -42.9% |
| MMM | Sell | 3M CO | $397,000 | +5.3% | 1,884 | -1.6% | 0.00% | 0.0% |
| CSCO | Sell | CISCO SYS INC | $406,000 | +10.3% | 8,342 | -2.3% | 0.00% | 0.0% |
| MMS | MAXIMUS INC | $492,000 | +4.9% | 7,557 | 0.0% | 0.00% | -20.0% | |
| TJX | TJX COS INC NEW | $454,000 | +17.6% | 4,057 | 0.0% | 0.00% | 0.0% | |
| ENV | New | ENVESTNET INC | $495,000 | – | 8,121 | +100.0% | 0.00% | – |
| UAA | Sell | UNDER ARMOUR INCcl a | $325,000 | -20.3% | 15,321 | -15.5% | 0.00% | -25.0% |
| TGT | Sell | TARGET CORP | $341,000 | +14.8% | 3,866 | -0.8% | 0.00% | 0.0% |
| YORW | YORK WTR CO | $342,000 | -4.5% | 11,250 | 0.0% | 0.00% | -25.0% | |
| MS | Sell | MORGAN STANLEY | $334,000 | -2.6% | 7,180 | -0.9% | 0.00% | -25.0% |
| JNJ | JOHNSON & JOHNSON | $337,000 | +13.9% | 2,437 | 0.0% | 0.00% | 0.0% | |
| IBM | Sell | INTERNATIONAL BUSINESS MACHS | $299,000 | +5.7% | 1,978 | -2.5% | 0.00% | 0.0% |
| DKS | Sell | DICKS SPORTING GOODS INC | $289,000 | -10.2% | 8,147 | -10.8% | 0.00% | 0.0% |
| TRMB | TRIMBLE INC | $304,000 | +32.2% | 6,999 | 0.0% | 0.00% | +50.0% | |
| PHM | Sell | PULTE GROUP INC | $251,000 | -35.3% | 10,128 | -24.9% | 0.00% | -50.0% |
| DHR | Sell | DANAHER CORP DEL | $236,000 | +3.5% | 2,168 | -6.3% | 0.00% | 0.0% |
| TOL | Sell | TOLL BROTHERS INC | $275,000 | -43.1% | 8,317 | -36.3% | 0.00% | -60.0% |
| BIIB | Sell | BIOGEN INC | $235,000 | +14.6% | 665 | -5.7% | 0.00% | 0.0% |
| GILD | Sell | GILEAD SCIENCES INC | $248,000 | -15.9% | 3,216 | -22.8% | 0.00% | -33.3% |
| SF | Exit | STIFEL FINL CORP | $0 | – | -4,357 | -100.0% | -0.00% | – |
| FDS | Exit | FACTSET RESH SYS INC | $0 | – | -1,762 | -100.0% | -0.00% | – |
| MSM | Exit | MSC INDL DIRECT INCcl a | $0 | – | -5,554 | -100.0% | -0.01% | – |
| EVR | Exit | EVERCORE INCclass a | $0 | – | -6,011 | -100.0% | -0.01% | – |
| ABAX | Exit | ABAXIS INC | $0 | – | -1,075,907 | -100.0% | -0.92% | – |
| QSII | Exit | QUALITY SYS INC | $0 | – | -9,443,970 | -100.0% | -1.89% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2018-11-14
About Brown Capital Management
Brown Capital Management is a Baltimore-based investment management firm that was founded in 1983 by Eddie C. Brown. The firm specializes in small and mid-cap growth equity investments and has a long-standing reputation for delivering strong returns to its clients. Brown Capital Management has a team of experienced investment professionals, including its current CEO, Keith Lee, and its Chief Investment Officer, Ken Torrey.
The firm's investment philosophy is centered around identifying companies with strong growth potential and a competitive advantage in their respective industries. Brown Capital Management's investment process involves rigorous fundamental analysis and a focus on long-term value creation. The firm's investment strategies include the Small Company Growth Strategy, the Mid Company Growth Strategy, and the International Small Company Growth Strategy.
Brown Capital Management has a strong track record of delivering consistent returns to its clients. The firm's Small Company Growth Strategy has outperformed its benchmark, the Russell 2000 Growth Index, over the long term. The Mid Company Growth Strategy has also delivered strong returns, outperforming its benchmark, the Russell Midcap Growth Index, since its inception.
Overall, Brown Capital Management is a well-respected investment management firm with a proven track record of delivering strong returns to its clients. With a team of experienced investment professionals and a disciplined investment process, the firm is well-positioned to continue delivering value to its clients in the years to come.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| TYLER TECHNOLOGIES INC | 42 | Q3 2023 | 5.6% |
| COGNEX CORP | 42 | Q3 2023 | 5.8% |
| MANHATTAN ASSOCS INC | 42 | Q3 2023 | 5.6% |
| ANSYS INC | 42 | Q3 2023 | 5.1% |
| NEOGEN CORP | 42 | Q3 2023 | 5.3% |
| PROS HOLDINGS INC | 42 | Q3 2023 | 3.9% |
| ICON PLC | 42 | Q3 2023 | 0.8% |
| APPLE INC | 42 | Q3 2023 | 0.3% |
| T. Rowe Price Group Inc. | 42 | Q3 2023 | 0.5% |
| TRACTOR SUPPLY CO | 42 | Q3 2023 | 0.5% |
View Brown Capital Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| AMERICAN SOFTWARE INC | February 14, 2023 | 1,177,634 | 3.7% |
| Cardiovascular Systems Inc | February 14, 2023 | 2,904,759 | 6.9% |
| DUCK CREEK TECHNOLOGIES, INC. | February 14, 2023 | 4,560,206 | 3.4% |
| IRONWOOD PHARMACEUTICALS INC | February 14, 2023 | 3,997,045 | 2.6% |
| MANHATTAN ASSOCIATES INC | February 14, 2023 | 2,472,331 | 4.0% |
| Proto Labs Inc | February 14, 2023 | 730,716 | 2.7% |
| QuidelOrtho Corp | February 14, 2023 | 798,088 | 1.2% |
| SMARTSHEET INC | February 14, 2023 | 6,067,397 | 4.6% |
| DMC Global Inc. | October 11, 2022 | ? | ? |
| NEOGEN CORP | October 11, 2022 | 8,739,338 | 4.0% |
View Brown Capital Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
View Brown Capital Management's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.