$7.05 Billion is the total value of Brown Capital Management's 126 reported holdings in Q2 2023. The portfolio turnover from Q1 2023 to Q2 2023 was 8.1% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MANH | Sell | MANHATTAN ASSOCIATES INC | $354,647,484 | +9.4% | 1,774,302 | -15.3% | 5.03% | +3.8% |
| APPF | Sell | APPFOLIO INC | $343,242,857 | +1.8% | 1,993,975 | -26.4% | 4.87% | -3.4% |
| DDOG | Sell | DATADOG INC | $337,260,807 | +28.8% | 3,428,144 | -4.9% | 4.78% | +22.2% |
| ANSS | Sell | ANSYS INC | $325,522,369 | -4.5% | 985,625 | -3.8% | 4.62% | -9.4% |
| TYL | Sell | TYLER TECHNOLOGIES INC | $325,247,244 | +13.4% | 780,962 | -3.5% | 4.61% | +7.6% |
| PAYC | Buy | PAYCOM SOFTWARE INC | $323,904,686 | +8.8% | 1,008,295 | +3.0% | 4.60% | +3.3% |
| VEEV | Sell | VEEVA SYS INC | $317,033,164 | +5.5% | 1,603,364 | -1.9% | 4.50% | +0.2% |
| CGNX | Sell | COGNEX CORP | $289,700,876 | +11.8% | 5,171,383 | -1.2% | 4.11% | +6.1% |
| VCEL | Sell | VERICEL CORP | $260,011,488 | +25.9% | 6,920,721 | -1.7% | 3.69% | +19.5% |
| TECH | Sell | BIO-TECHNE CORP | $258,023,614 | +6.6% | 3,160,892 | -3.1% | 3.66% | +1.2% |
| ALRM | Sell | ALARM COM HLDGS INC | $253,826,113 | -2.4% | 4,911,496 | -5.1% | 3.60% | -7.4% |
| ABCM | Buy | ABCAM PLCads | $243,614,535 | +85.6% | 9,955,641 | +2.1% | 3.46% | +76.1% |
| SMAR | Buy | SMARTSHEET INC | $243,492,762 | -15.4% | 6,364,160 | +5.7% | 3.45% | -19.7% |
| GWRE | Sell | GUIDEWIRE SOFTWARE INC | $223,561,841 | -9.9% | 2,938,510 | -2.9% | 3.17% | -14.5% |
| RGEN | Buy | REPLIGEN CORP | $204,439,831 | -15.7% | 1,445,213 | +0.3% | 2.90% | -20.0% |
| HLIO | Sell | HELIOS TECHNOLOGIES INC | $192,862,318 | -0.9% | 2,918,177 | -2.0% | 2.74% | -6.0% |
| GKOS | Sell | GLAUKOS CORP | $187,787,464 | +29.0% | 2,637,094 | -9.2% | 2.66% | +22.5% |
| TXG | Buy | 10X GENOMICS INC | $171,852,123 | +0.2% | 3,077,581 | +0.1% | 2.44% | -5.0% |
| CYBR | Buy | CYBERARK SOFTWARE LTD | $163,143,799 | +8.6% | 1,043,586 | +2.8% | 2.31% | +3.1% |
| KIDS | Buy | ORTHOPEDIATRICS CORP | $153,809,926 | +5.4% | 3,507,638 | +6.4% | 2.18% | +0.0% |
| XMTR | Buy | XOMETRY INC | $134,434,480 | +57.0% | 6,347,237 | +11.0% | 1.91% | +49.0% |
| CYRX | Buy | CRYOPORT INC | $132,891,447 | -26.1% | 7,703,852 | +2.9% | 1.88% | -29.8% |
| Sell | NCINO INC | $122,098,950 | +17.1% | 4,053,750 | -3.7% | 1.73% | +11.1% | |
| VICR | Buy | VICOR CORP | $111,371,598 | +22.5% | 2,062,437 | +6.5% | 1.58% | +16.3% |
| Buy | ENFUSION INCcl a | $107,980,719 | +22.9% | 9,623,950 | +15.0% | 1.53% | +16.7% | |
| OLO | Buy | OLO INCcl a | $104,832,525 | -13.7% | 16,227,945 | +9.0% | 1.49% | -18.1% |
| WK | Buy | WORKIVA INC | $100,854,954 | +42.7% | 992,081 | +43.7% | 1.43% | +35.4% |
| QTWO | Sell | Q2 HLDGS INC | $99,236,277 | +21.6% | 3,211,530 | -3.1% | 1.41% | +15.4% |
| NEOG | Sell | NEOGEN CORP | $94,145,006 | -13.0% | 4,328,506 | -26.0% | 1.34% | -17.4% |
| Buy | CYTEK BIOSCIENCES INC | $91,648,573 | +15.9% | 10,731,683 | +24.8% | 1.30% | +10.1% | |
| PRO | Sell | PROS HOLDINGS INC | $89,982,724 | -27.7% | 2,921,517 | -35.6% | 1.28% | -31.3% |
| ICLR | Buy | ICON PLC | $59,746,009 | +18.7% | 238,793 | +1.3% | 0.85% | +12.8% |
| ERII | Buy | ENERGY RECOVERY INC | $52,659,421 | +1814.9% | 1,884,058 | +1479.2% | 0.75% | +1722.0% |
| SHOP | Buy | SHOPIFY INCcl a | $41,646,457 | +41.9% | 644,682 | +5.3% | 0.59% | +34.6% |
| IRWD | Sell | IRONWOOD PHARMACEUTICALS INC | $39,917,003 | -3.5% | 3,751,598 | -4.6% | 0.57% | -8.6% |
| TNDM | Sell | TANDEM DIABETES CARE INC | $39,061,030 | -55.7% | 1,591,729 | -26.7% | 0.55% | -58.0% |
| MELI | Buy | MERCADOLIBRE INC | $37,368,207 | -8.9% | 31,545 | +1.4% | 0.53% | -13.5% |
| AYX | Sell | ALTERYX INC | $33,892,326 | -32.0% | 746,527 | -11.9% | 0.48% | -35.4% |
| Buy | CLEARWATER ANALYTICS HLDGS Icl a | $31,711,021 | +24.8% | 1,998,174 | +25.5% | 0.45% | +18.4% | |
| BCPC | Sell | BALCHEM CORP | $31,221,996 | -17.5% | 231,600 | -22.6% | 0.44% | -21.7% |
| NARI | Buy | INARI MED INC | $29,271,862 | -4.6% | 503,472 | +1.3% | 0.42% | -9.6% |
| Sell | QUIDELORTHO CORP | $25,694,886 | -32.0% | 310,100 | -26.9% | 0.36% | -35.4% | |
| INGN | INOGEN INC | $25,497,029 | -7.5% | 2,207,535 | 0.0% | 0.36% | -12.1% | |
| Buy | ATLASSIAN CORPORATIONcl a | $20,387,069 | -0.5% | 121,489 | +1.5% | 0.29% | -5.6% | |
| PRLB | Sell | PROTO LABS INC | $16,339,185 | -27.8% | 467,368 | -31.5% | 0.23% | -31.4% |
| CHKP | Buy | CHECK POINT SOFTWARE TECH LTord | $14,095,192 | -2.5% | 112,205 | +0.9% | 0.20% | -7.4% |
| AAPL | Sell | APPLE INC | $11,622,100 | +13.8% | 59,917 | -3.3% | 0.16% | +7.8% |
| ALGN | Buy | ALIGN TECHNOLOGY INC | $10,533,875 | +23.2% | 29,787 | +16.4% | 0.15% | +16.4% |
| MSFT | Sell | MICROSOFT CORP | $8,979,018 | +16.4% | 26,367 | -1.4% | 0.13% | +10.4% |
| New | MOBILEYE GLOBAL INC | $7,748,046 | – | 201,667 | +100.0% | 0.11% | – | |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $6,633,056 | +15.2% | 55,414 | -0.1% | 0.09% | +9.3% |
| SWAV | New | SHOCKWAVE MED INC | $6,344,664 | – | 22,230 | +100.0% | 0.09% | – |
| HUBS | Buy | HUBSPOT INC | $6,206,298 | +60.6% | 11,664 | +29.4% | 0.09% | +51.7% |
| PODD | Buy | INSULET CORP | $4,888,516 | +14.2% | 16,954 | +26.3% | 0.07% | +7.8% |
| CRL | Buy | CHARLES RIV LABS INTL INC | $4,665,448 | +59.8% | 22,190 | +53.4% | 0.07% | +50.0% |
| DXCM | Buy | DEXCOM INC | $4,566,860 | +49.3% | 35,537 | +35.0% | 0.06% | +41.3% |
| BR | Buy | BROADRIDGE FINL SOLUTIONS IN | $4,541,078 | +41.4% | 27,417 | +25.1% | 0.06% | +33.3% |
| BSY | Buy | BENTLEY SYS INC | $4,411,882 | +74.6% | 81,355 | +38.4% | 0.06% | +65.8% |
| FLT | Buy | FLEETCOR TECHNOLOGIES INC | $4,218,395 | +118.3% | 16,801 | +83.4% | 0.06% | +106.9% |
| ADSK | Buy | AUTODESK INC | $4,099,157 | +34.3% | 20,034 | +36.6% | 0.06% | +26.1% |
| AMZN | Sell | AMAZON COM INC | $4,062,800 | +26.0% | 31,166 | -0.2% | 0.06% | +20.8% |
| CMG | Buy | CHIPOTLE MEXICAN GRILL INC | $3,922,926 | +44.6% | 1,834 | +15.5% | 0.06% | +36.6% |
| TSCO | Sell | TRACTOR SUPPLY CO | $3,946,414 | -10.5% | 17,849 | -4.9% | 0.06% | -15.2% |
| MA | Sell | MASTERCARD INCORPORATEDcl a | $3,746,576 | +8.1% | 9,526 | -0.1% | 0.05% | +1.9% |
| MASI | Buy | MASIMO CORP | $3,640,340 | +2.3% | 22,123 | +14.7% | 0.05% | -1.9% |
| EW | Sell | EDWARDS LIFESCIENCES CORP | $3,649,250 | +2.2% | 38,686 | -10.4% | 0.05% | -1.9% |
| EFX | Buy | EQUIFAX INC | $3,666,209 | +35.3% | 15,581 | +16.6% | 0.05% | +30.0% |
| TROW | Buy | PRICE T ROWE GROUP INC | $3,497,712 | +5.7% | 31,224 | +6.5% | 0.05% | +2.0% |
| OMCL | Buy | OMNICELL COM | $3,478,845 | +113.0% | 47,222 | +69.6% | 0.05% | +104.2% |
| FB | META PLATFORMS INCcl a | $3,345,613 | +35.4% | 11,658 | 0.0% | 0.05% | +27.0% | |
| BFAM | Buy | BRIGHT HORIZONS FAM SOL IN D | $3,221,235 | +61.0% | 34,843 | +34.1% | 0.05% | +53.3% |
| HD | Sell | HOME DEPOT INC | $2,938,033 | +4.4% | 9,458 | -0.8% | 0.04% | 0.0% |
| SITE | Buy | SITEONE LANDSCAPE SUPPLY INC | $2,755,080 | +58.7% | 16,462 | +29.8% | 0.04% | +50.0% |
| SSD | Buy | SIMPSON MFG INC | $2,717,924 | +167.1% | 19,624 | +111.4% | 0.04% | +160.0% |
| ENTG | Buy | ENTEGRIS INC | $2,758,864 | +88.4% | 24,895 | +39.5% | 0.04% | +77.3% |
| FIVN | Buy | FIVE9 INC | $2,560,237 | +60.2% | 31,052 | +40.4% | 0.04% | +50.0% |
| JKHY | Buy | HENRY JACK & ASSOC INC | $2,548,436 | +51.0% | 15,230 | +36.0% | 0.04% | +44.0% |
| ROLL | New | RBC BEARINGS INC | $2,082,493 | – | 9,576 | +100.0% | 0.03% | – |
| MKTX | Buy | MARKETAXESS HLDGS INC | $1,958,297 | -13.4% | 7,491 | +29.6% | 0.03% | -17.6% |
| GWW | GRAINGER W W INC | $1,971,475 | +14.5% | 2,500 | 0.0% | 0.03% | +7.7% | |
| ULTA | Buy | ULTA BEAUTY INC | $1,902,616 | +12.9% | 4,043 | +30.9% | 0.03% | +8.0% |
| ECL | Sell | ECOLAB INC | $1,807,906 | +12.4% | 9,684 | -0.3% | 0.03% | +8.3% |
| FAST | Sell | FASTENAL CO | $1,757,548 | +7.4% | 29,794 | -1.8% | 0.02% | +4.2% |
| MCD | Sell | MCDONALDS CORP | $1,632,601 | +5.6% | 5,471 | -1.1% | 0.02% | 0.0% |
| ORLY | Sell | OREILLY AUTOMOTIVE INC | $1,615,412 | -8.3% | 1,691 | -18.5% | 0.02% | -11.5% |
| ADBE | ADOBE SYSTEMS INCORPORATED | $1,586,284 | +26.9% | 3,244 | 0.0% | 0.02% | +21.1% | |
| ADP | AUTOMATIC DATA PROCESSING IN | $1,250,166 | -1.3% | 5,688 | 0.0% | 0.02% | -5.3% | |
| PEP | Sell | PEPSICO INC | $1,198,373 | +1.1% | 6,470 | -0.5% | 0.02% | -5.6% |
| FISV | Sell | FISERV INC | $1,142,919 | +11.3% | 9,060 | -0.3% | 0.02% | +6.7% |
| EXPE | Sell | EXPEDIA GROUP INC | $1,029,469 | +11.6% | 9,411 | -1.0% | 0.02% | +7.1% |
| UPS | Sell | UNITED PARCEL SERVICE INCcl b | $1,070,481 | -7.8% | 5,972 | -0.2% | 0.02% | -11.8% |
| ABT | Sell | ABBOTT LABS | $1,041,141 | +2.2% | 9,550 | -5.1% | 0.02% | 0.0% |
| ORCL | ORACLE CORP | $1,017,029 | +28.2% | 8,540 | 0.0% | 0.01% | +16.7% | |
| CRM | SALESFORCE INC | $1,012,992 | +5.7% | 4,795 | 0.0% | 0.01% | 0.0% | |
| ENV | Buy | ENVESTNET INC | $969,838 | +42.4% | 16,341 | +40.8% | 0.01% | +40.0% |
| WEC | WEC ENERGY GROUP INC | $899,077 | -6.9% | 10,189 | 0.0% | 0.01% | -7.1% | |
| SBUX | Sell | STARBUCKS CORP | $910,361 | -5.6% | 9,190 | -0.8% | 0.01% | -7.1% |
| ITW | Sell | ILLINOIS TOOL WKS INC | $851,044 | -0.2% | 3,402 | -2.9% | 0.01% | -7.7% |
| JPM | JPMORGAN CHASE & CO | $861,877 | +11.6% | 5,926 | 0.0% | 0.01% | 0.0% | |
| ABBV | Sell | ABBVIE INC | $824,278 | -20.2% | 6,118 | -5.6% | 0.01% | -20.0% |
| V | VISA INC | $870,839 | +5.3% | 3,667 | 0.0% | 0.01% | 0.0% | |
| SCHW | SCHWAB CHARLES CORP | $856,775 | +8.2% | 15,116 | 0.0% | 0.01% | 0.0% | |
| SYY | Sell | SYSCO CORP | $748,752 | -5.8% | 10,091 | -1.9% | 0.01% | -8.3% |
| ZTS | Sell | ZOETIS INCcl a | $709,161 | +2.2% | 4,118 | -1.2% | 0.01% | 0.0% |
| PG | PROCTER AND GAMBLE CO | $671,601 | +2.1% | 4,426 | 0.0% | 0.01% | 0.0% | |
| DKS | DICKS SPORTING GOODS INC | $727,045 | -6.8% | 5,500 | 0.0% | 0.01% | -16.7% | |
| UNH | UNITEDHEALTH GROUP INC | $645,980 | +1.7% | 1,344 | 0.0% | 0.01% | 0.0% | |
| MS | MORGAN STANLEY | $539,728 | -2.7% | 6,320 | 0.0% | 0.01% | 0.0% | |
| YORW | YORK WTR CO | $464,288 | -7.7% | 11,250 | 0.0% | 0.01% | -12.5% | |
| TJX | TJX COS INC NEW | $419,880 | +8.2% | 4,952 | 0.0% | 0.01% | 0.0% | |
| PWR | QUANTA SVCS INC | $426,297 | +17.9% | 2,170 | 0.0% | 0.01% | +20.0% | |
| JNJ | JOHNSON & JOHNSON | $403,372 | +6.8% | 2,437 | 0.0% | 0.01% | 0.0% | |
| DHR | DANAHER CORPORATION | $437,520 | -4.8% | 1,823 | 0.0% | 0.01% | -14.3% | |
| BKNG | BOOKING HOLDINGS INC | $378,046 | +1.8% | 140 | 0.0% | 0.01% | -16.7% | |
| APD | AIR PRODS & CHEMS INC | $330,981 | +4.3% | 1,105 | 0.0% | 0.01% | 0.0% | |
| TGT | TARGET CORP | $380,927 | -20.4% | 2,888 | 0.0% | 0.01% | -28.6% | |
| PM | Sell | PHILIP MORRIS INTL INC | $345,087 | -8.3% | 3,535 | -8.7% | 0.01% | -16.7% |
| CSCO | CISCO SYS INC | $384,118 | -1.0% | 7,424 | 0.0% | 0.01% | -16.7% | |
| PHM | New | PULTE GROUP INC | $264,034 | – | 3,399 | +100.0% | 0.00% | – |
| MRK | New | MERCK & CO INC | $301,514 | – | 2,613 | +100.0% | 0.00% | – |
| TXN | New | TEXAS INSTRS INC | $292,533 | – | 1,625 | +100.0% | 0.00% | – |
| SNA | SNAP ON INC | $300,006 | +16.7% | 1,041 | 0.0% | 0.00% | 0.0% | |
| PAYX | Sell | PAYCHEX INC | $253,386 | -3.4% | 2,265 | -1.1% | 0.00% | 0.0% |
| JAZZ | Sell | JAZZ PHARMACEUTICALS PLC | $225,130 | -17.3% | 1,816 | -2.4% | 0.00% | -25.0% |
| LLY | Sell | LILLY ELI & CO | $231,676 | -50.1% | 494 | -63.5% | 0.00% | -57.1% |
| BMY | BRISTOL-MYERS SQUIBB CO | $203,169 | -7.7% | 3,177 | 0.0% | 0.00% | 0.0% | |
| KMB | Exit | KIMBERLY-CLARK CORP | $0 | – | -3,162 | -100.0% | -0.01% | – |
| IPGP | Exit | IPG PHOTONICS CORP | $0 | – | -3,111 | -100.0% | -0.01% | – |
| NXGN | Exit | NEXTGEN HEALTHCARE INC | $0 | – | -345,984 | -100.0% | -0.09% | – |
| CSII | Exit | CARDIOVASCULAR SYS INC DEL | $0 | – | -2,840,100 | -100.0% | -0.84% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-08-14
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.