$6.69 Billion is the total value of Brown Capital Management's 124 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 7.8% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ANSS | Sell | ANSYS INC | $340,936,960 | +32.2% | 1,024,450 | -4.0% | 5.10% | +19.5% |
| APPF | Sell | APPFOLIO INC | $337,161,175 | +14.2% | 2,708,557 | -3.3% | 5.04% | +3.2% |
| MANH | Sell | MANHATTAN ASSOCIATES INC | $324,271,075 | +8.0% | 2,094,098 | -15.3% | 4.85% | -2.4% |
| VEEV | Sell | VEEVA SYS INC | $300,432,507 | +12.3% | 1,634,651 | -1.4% | 4.49% | +1.4% |
| PAYC | Sell | PAYCOM SOFTWARE INC | $297,631,566 | -2.9% | 979,019 | -0.9% | 4.45% | -12.3% |
| SMAR | Sell | SMARTSHEET INC | $287,761,736 | +20.5% | 6,020,120 | -0.8% | 4.30% | +8.9% |
| TYL | Sell | TYLER TECHNOLOGIES INC | $286,901,987 | +2.2% | 808,995 | -7.1% | 4.29% | -7.7% |
| DDOG | Buy | DATADOG INC | $261,927,166 | +4.5% | 3,604,833 | +5.7% | 3.92% | -5.6% |
| ALRM | Sell | ALARM COM HLDGS INC | $260,100,904 | +0.8% | 5,173,049 | -0.8% | 3.89% | -8.9% |
| CGNX | Sell | COGNEX CORP | $259,224,938 | -9.2% | 5,231,583 | -13.7% | 3.88% | -18.0% |
| GWRE | Sell | GUIDEWIRE SOFTWARE INC | $248,211,834 | +30.3% | 3,025,129 | -0.7% | 3.71% | +17.7% |
| RGEN | Sell | REPLIGEN CORP | $242,500,356 | -1.4% | 1,440,368 | -0.8% | 3.62% | -10.9% |
| TECH | Sell | BIO-TECHNE CORP | $242,035,750 | -11.5% | 3,262,377 | -1.2% | 3.62% | -20.1% |
| VCEL | Buy | VERICEL CORP | $206,474,753 | +13.1% | 7,042,113 | +1.6% | 3.09% | +2.2% |
| HLIO | Sell | HELIOS TECHNOLOGIES INC | $194,667,089 | +19.4% | 2,976,561 | -0.6% | 2.91% | +7.9% |
| CYRX | Buy | CRYOPORT INC | $179,738,136 | +48.9% | 7,489,089 | +7.6% | 2.69% | +34.6% |
| TXG | Buy | 10X GENOMICS INC | $171,587,110 | +223.9% | 3,075,589 | +111.6% | 2.56% | +192.8% |
| CYBR | Sell | CYBERARK SOFTWARE LTD | $150,178,095 | +9.4% | 1,014,854 | -4.1% | 2.24% | -1.1% |
| KIDS | Buy | ORTHOPEDIATRICS CORP | $145,944,718 | +15.7% | 3,295,207 | +3.8% | 2.18% | +4.5% |
| GKOS | Buy | GLAUKOS CORP | $145,523,366 | +22.8% | 2,904,658 | +7.1% | 2.18% | +11.0% |
| ABCM | Sell | ABCAM PLCads | $131,258,138 | -14.8% | 9,751,719 | -1.5% | 1.96% | -23.0% |
| PRO | Sell | PROS HOLDINGS INC | $124,386,383 | +7.7% | 4,539,649 | -4.7% | 1.86% | -2.7% |
| OLO | Buy | OLO INCcl a | $121,524,612 | +47.7% | 14,892,722 | +13.1% | 1.82% | +33.4% |
| NEOG | Sell | NEOGEN CORP | $108,260,568 | +7.3% | 5,845,603 | -11.8% | 1.62% | -3.1% |
| Buy | NCINO INC | $104,287,101 | +0.7% | 4,208,519 | +7.4% | 1.56% | -9.0% | |
| VICR | Buy | VICOR CORP | $90,887,199 | +142.8% | 1,936,242 | +178.0% | 1.36% | +119.4% |
| TNDM | Buy | TANDEM DIABETES CARE INC | $88,155,092 | -2.7% | 2,170,773 | +7.7% | 1.32% | -12.1% |
| Buy | ENFUSION INCcl a | $87,877,199 | +51.4% | 8,369,257 | +39.4% | 1.31% | +36.8% | |
| XMTR | Buy | XOMETRY INC | $85,613,161 | -27.5% | 5,718,982 | +56.0% | 1.28% | -34.5% |
| QTWO | Buy | Q2 HLDGS INC | $81,627,068 | -3.5% | 3,315,478 | +5.3% | 1.22% | -12.8% |
| Buy | CYTEK BIOSCIENCES INC | $79,047,077 | +51.6% | 8,601,423 | +68.4% | 1.18% | +36.8% | |
| WK | Buy | WORKIVA INC | $70,688,093 | +209.0% | 690,246 | +153.4% | 1.06% | +179.6% |
| CSII | Sell | CARDIOVASCULAR SYS INC DEL | $56,404,386 | +42.6% | 2,840,100 | -2.2% | 0.84% | +28.9% |
| ICLR | Sell | ICON PLC | $50,333,765 | +1.5% | 235,656 | -7.7% | 0.75% | -8.3% |
| AYX | Sell | ALTERYX INC | $49,863,781 | +11.6% | 847,447 | -3.9% | 0.74% | +0.8% |
| IRWD | Sell | IRONWOOD PHARMACEUTICALS INC | $41,384,975 | -16.4% | 3,933,933 | -1.6% | 0.62% | -24.4% |
| MELI | Sell | MERCADOLIBRE INC | $41,006,165 | +44.3% | 31,111 | -7.4% | 0.61% | +30.4% |
| BCPC | Sell | BALCHEM CORP | $37,865,709 | -0.4% | 299,381 | -3.8% | 0.57% | -10.0% |
| Sell | QUIDELORTHO CORP | $37,810,331 | -44.7% | 424,406 | -46.8% | 0.56% | -50.0% | |
| NARI | New | INARI MED INC | $30,679,717 | – | 496,918 | +100.0% | 0.46% | – |
| SHOP | Sell | SHOPIFY INCcl a | $29,356,586 | +30.9% | 612,361 | -5.3% | 0.44% | +18.3% |
| INGN | Buy | INOGEN INC | $27,550,037 | -18.5% | 2,207,535 | +28.7% | 0.41% | -26.3% |
| Buy | CLEARWATER ANALYTICS HLDGS Icl a | $25,414,385 | +51.4% | 1,592,380 | +77.9% | 0.38% | +36.7% | |
| PRLB | Sell | PROTO LABS INC | $22,618,809 | +21.2% | 682,317 | -6.6% | 0.34% | +9.4% |
| Sell | ATLASSIAN CORPORATIONcl a | $20,494,526 | +23.4% | 119,732 | -7.3% | 0.31% | +11.3% | |
| CHKP | Sell | CHECK POINT SOFTWARE TECH LTord | $14,457,430 | -7.9% | 111,211 | -10.7% | 0.22% | -16.9% |
| AAPL | Buy | APPLE INC | $10,215,885 | +28.8% | 61,952 | +1.5% | 0.15% | +16.8% |
| ALGN | Buy | ALIGN TECHNOLOGY INC | $8,552,647 | +69.7% | 25,596 | +7.1% | 0.13% | +54.2% |
| MSFT | Buy | MICROSOFT CORP | $7,711,737 | +22.8% | 26,749 | +2.2% | 0.12% | +10.6% |
| NXGN | Sell | NEXTGEN HEALTHCARE INC | $6,023,581 | -65.6% | 345,984 | -62.9% | 0.09% | -68.9% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $5,755,563 | +18.1% | 55,486 | +0.4% | 0.09% | +6.2% |
| TSCO | Sell | TRACTOR SUPPLY CO | $4,410,996 | +2.1% | 18,767 | -2.2% | 0.07% | -7.0% |
| PODD | Sell | INSULET CORP | $4,281,400 | +8.0% | 13,423 | -0.3% | 0.06% | -3.0% |
| HUBS | Buy | HUBSPOT INC | $3,865,181 | +90.0% | 9,015 | +28.1% | 0.06% | +70.6% |
| EW | Buy | EDWARDS LIFESCIENCES CORP | $3,570,130 | +13.0% | 43,154 | +2.0% | 0.05% | +1.9% |
| MASI | Sell | MASIMO CORP | $3,558,485 | +5.7% | 19,283 | -15.3% | 0.05% | -5.4% |
| MA | Sell | MASTERCARD INCORPORATEDcl a | $3,465,114 | +4.4% | 9,535 | -0.1% | 0.05% | -5.5% |
| TROW | Sell | PRICE T ROWE GROUP INC | $3,308,986 | +3.0% | 29,309 | -0.5% | 0.05% | -7.5% |
| BR | Sell | BROADRIDGE FINL SOLUTIONS IN | $3,212,375 | +8.7% | 21,917 | -0.5% | 0.05% | -2.0% |
| AMZN | Buy | AMAZON COM INC | $3,224,094 | +44.1% | 31,214 | +17.2% | 0.05% | +29.7% |
| ADSK | Buy | AUTODESK INC | $3,051,834 | +25.1% | 14,661 | +12.3% | 0.05% | +15.0% |
| DXCM | Buy | DEXCOM INC | $3,058,671 | +13.2% | 26,327 | +10.3% | 0.05% | +2.2% |
| CRL | Buy | CHARLES RIV LABS INTL INC | $2,918,923 | +4.9% | 14,463 | +13.3% | 0.04% | -4.3% |
| HD | Sell | HOME DEPOT INC | $2,814,559 | -6.6% | 9,537 | -0.1% | 0.04% | -16.0% |
| ERII | New | ENERGY RECOVERY INC | $2,749,957 | – | 119,304 | +100.0% | 0.04% | – |
| CMG | Buy | CHIPOTLE MEXICAN GRILL INC | $2,712,765 | +23.7% | 1,588 | +0.4% | 0.04% | +13.9% |
| EFX | Sell | EQUIFAX INC | $2,709,537 | +3.6% | 13,358 | -0.7% | 0.04% | -7.0% |
| BSY | Sell | BENTLEY SYS INC | $2,527,425 | +15.7% | 58,791 | -0.5% | 0.04% | +5.6% |
| FB | Buy | META PLATFORMS INCcl a | $2,470,797 | +96.5% | 11,658 | +11.5% | 0.04% | +76.2% |
| MKTX | Buy | MARKETAXESS HLDGS INC | $2,261,265 | +49.9% | 5,779 | +6.8% | 0.03% | +36.0% |
| BFAM | Buy | BRIGHT HORIZONS FAM SOL IN D | $2,001,047 | +49.9% | 25,991 | +22.8% | 0.03% | +36.4% |
| FLT | Sell | FLEETCOR TECHNOLOGIES INC | $1,932,019 | +14.4% | 9,163 | -0.3% | 0.03% | +3.6% |
| ORLY | Sell | OREILLY AUTOMOTIVE INC | $1,762,482 | -6.2% | 2,076 | -6.7% | 0.03% | -16.1% |
| GWW | GRAINGER W W INC | $1,722,025 | +23.8% | 2,500 | 0.0% | 0.03% | +13.0% | |
| SITE | Buy | SITEONE LANDSCAPE SUPPLY INC | $1,735,512 | +22.4% | 12,680 | +4.9% | 0.03% | +13.0% |
| JKHY | Sell | HENRY JACK & ASSOC INC | $1,687,461 | -21.4% | 11,196 | -8.5% | 0.02% | -30.6% |
| ULTA | Buy | ULTA BEAUTY INC | $1,685,029 | +18.4% | 3,088 | +1.8% | 0.02% | +4.2% |
| FAST | Sell | FASTENAL CO | $1,635,784 | +11.3% | 30,326 | -2.4% | 0.02% | 0.0% |
| FIVN | Buy | FIVE9 INC | $1,598,332 | +11.0% | 22,110 | +4.2% | 0.02% | 0.0% |
| ECL | Sell | ECOLAB INC | $1,607,958 | +13.0% | 9,714 | -0.7% | 0.02% | 0.0% |
| OMCL | Buy | OMNICELL COM | $1,633,314 | +23.7% | 27,839 | +6.3% | 0.02% | +9.1% |
| MCD | Buy | MCDONALDS CORP | $1,546,523 | +21.9% | 5,531 | +14.8% | 0.02% | +9.5% |
| ENTG | Buy | ENTEGRIS INC | $1,464,043 | +137.8% | 17,852 | +90.2% | 0.02% | +120.0% |
| ADBE | Buy | ADOBE SYSTEMS INCORPORATED | $1,250,140 | +16.6% | 3,244 | +1.8% | 0.02% | +5.6% |
| ADP | Sell | AUTOMATIC DATA PROCESSING IN | $1,266,319 | -8.4% | 5,688 | -1.7% | 0.02% | -17.4% |
| PEP | Sell | PEPSICO INC | $1,184,950 | -0.0% | 6,500 | -0.9% | 0.02% | -10.0% |
| UPS | UNITED PARCEL SERVICE INCcl b | $1,160,448 | +11.6% | 5,982 | 0.0% | 0.02% | 0.0% | |
| FISV | Sell | FISERV INC | $1,026,991 | +10.7% | 9,086 | -1.0% | 0.02% | 0.0% |
| ABBV | ABBVIE INC | $1,032,399 | -1.4% | 6,478 | 0.0% | 0.02% | -11.8% | |
| ABT | ABBOTT LABS | $1,018,676 | -7.8% | 10,060 | 0.0% | 0.02% | -16.7% | |
| SSD | New | SIMPSON MFG INC | $1,017,569 | – | 9,281 | +100.0% | 0.02% | – |
| SBUX | Sell | STARBUCKS CORP | $964,244 | +4.8% | 9,260 | -0.1% | 0.01% | -6.7% |
| EXPE | Sell | EXPEDIA GROUP INC | $922,464 | +10.3% | 9,507 | -0.4% | 0.01% | 0.0% |
| CRM | Buy | SALESFORCE INC | $957,945 | +57.4% | 4,795 | +4.5% | 0.01% | +40.0% |
| WEC | WEC ENERGY GROUP INC | $965,815 | +1.1% | 10,189 | 0.0% | 0.01% | -12.5% | |
| ITW | Sell | ILLINOIS TOOL WKS INC | $853,049 | +10.0% | 3,504 | -0.4% | 0.01% | 0.0% |
| JPM | Sell | JPMORGAN CHASE & CO | $772,217 | -3.9% | 5,926 | -1.1% | 0.01% | -7.7% |
| DKS | DICKS SPORTING GOODS INC | $780,395 | +18.0% | 5,500 | 0.0% | 0.01% | +9.1% | |
| ORCL | ORACLE CORP | $793,537 | +13.7% | 8,540 | 0.0% | 0.01% | 0.0% | |
| SYY | SYSCO CORP | $794,774 | +1.0% | 10,291 | 0.0% | 0.01% | -7.7% | |
| V | Sell | VISA INC | $826,762 | +7.9% | 3,667 | -0.5% | 0.01% | -7.7% |
| SCHW | Buy | SCHWAB CHARLES CORP | $791,776 | -33.1% | 15,116 | +6.3% | 0.01% | -40.0% |
| ZTS | Sell | ZOETIS INCcl a | $694,055 | +12.0% | 4,170 | -1.3% | 0.01% | 0.0% |
| PG | PROCTER AND GAMBLE CO | $658,102 | -1.9% | 4,426 | 0.0% | 0.01% | -9.1% | |
| ENV | Sell | ENVESTNET INC | $680,983 | -23.4% | 11,607 | -19.5% | 0.01% | -33.3% |
| UNH | Sell | UNITEDHEALTH GROUP INC | $635,161 | -11.7% | 1,344 | -0.9% | 0.01% | -25.0% |
| MS | Sell | MORGAN STANLEY | $554,896 | +2.8% | 6,320 | -0.5% | 0.01% | -11.1% |
| YORW | YORK WTR CO | $502,875 | -0.6% | 11,250 | 0.0% | 0.01% | 0.0% | |
| TGT | TARGET CORP | $478,339 | +11.1% | 2,888 | 0.0% | 0.01% | 0.0% | |
| DHR | DANAHER CORPORATION | $459,469 | -5.0% | 1,823 | 0.0% | 0.01% | -12.5% | |
| LLY | Sell | LILLY ELI & CO | $464,647 | -12.0% | 1,353 | -6.2% | 0.01% | -22.2% |
| PM | PHILIP MORRIS INTL INC | $376,358 | -3.9% | 3,870 | 0.0% | 0.01% | 0.0% | |
| BKNG | Sell | BOOKING HOLDINGS INC | $371,337 | +28.9% | 140 | -2.1% | 0.01% | +20.0% |
| CSCO | CISCO SYS INC | $388,090 | +9.7% | 7,424 | 0.0% | 0.01% | 0.0% | |
| TJX | TJX COS INC NEW | $388,039 | -1.6% | 4,952 | 0.0% | 0.01% | -14.3% | |
| KMB | Sell | KIMBERLY-CLARK CORP | $424,404 | -5.9% | 3,162 | -4.8% | 0.01% | -14.3% |
| JNJ | JOHNSON & JOHNSON | $377,735 | -12.3% | 2,437 | 0.0% | 0.01% | -14.3% | |
| IPGP | Buy | IPG PHOTONICS CORP | $383,617 | +82.4% | 3,111 | +40.1% | 0.01% | +100.0% |
| APD | Sell | AIR PRODS & CHEMS INC | $317,367 | -14.6% | 1,105 | -8.3% | 0.01% | -16.7% |
| PWR | QUANTA SVCS INC | $361,609 | +16.9% | 2,170 | 0.0% | 0.01% | 0.0% | |
| SNA | Sell | SNAP ON INC | $257,012 | +6.1% | 1,041 | -1.8% | 0.00% | 0.0% |
| JAZZ | Sell | JAZZ PHARMACEUTICALS PLC | $272,174 | -8.7% | 1,860 | -0.6% | 0.00% | -20.0% |
| PAYX | Sell | PAYCHEX INC | $262,411 | -9.5% | 2,290 | -8.8% | 0.00% | -20.0% |
| BMY | BRISTOL-MYERS SQUIBB CO | $220,198 | -3.7% | 3,177 | 0.0% | 0.00% | -25.0% | |
| MTB | Exit | M & T BK CORP | $0 | – | -1,385 | -100.0% | -0.00% | – |
| BOH | Exit | BANK HAWAII CORP | $0 | – | -2,854 | -100.0% | -0.00% | – |
| DG | Exit | DOLLAR GEN CORP NEW | $0 | – | -908 | -100.0% | -0.00% | – |
| COUP | Exit | COUPA SOFTWARE INC | $0 | – | -23,746 | -100.0% | -0.03% | – |
| AMSWA | Exit | AMER SOFTWARE INCcl a | $0 | – | -1,177,634 | -100.0% | -0.29% | – |
| BLKB | Exit | BLACKBAUD INC | $0 | – | -331,218 | -100.0% | -0.32% | – |
| DCT | Exit | DUCK CREEK TECHNOLOGIES INC | $0 | – | -4,560,206 | -100.0% | -0.91% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-05-15
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.