Data as of Q4 2025 (Dec 31, 2025)

BROWN CAPITAL MANAGEMENT LLC

โ€ขCIK: 885062โ€ขFiling: Q4 2025

**BROWN CAPITAL MANAGEMENT LLC** manages $1.2B across a portfolio of 55 positions, exhibiting concentrated conviction in technology and healthcare sectors. Top holdings reveal significant allocations to NTRSO ($114.3M) and IVZ ($94.5M), suggesting a focus on high-growth, specialized market opportunities. Further notable positions include UBS ($68.0M) and RGEN ($44.9M), indicating tactical exposure across diverse, established names. The current structure points to a sophisticated, actively managed approach targeting outsized returns from sector leaders.

Total AUM
$1.2B
QoQ Performance
-49.8%
Positions
55
Top 10 Concentration
45.0%
Latest Filing
Q4 2025

Top Holdings Allocation

CAMT
GLBE
CYBR
CAMT9.4%
GLBE7.8%
CYBR5.6%
RGEN3.7%
XMTR3.4%
SHOP3.3%
GWRE3.0%
GKOS3.0%

๐Ÿ“ˆ Biggest Buys

LOAR
LOAR HOLDINGS INC
NEW
0.5% of portfolio
VCYT
VERACYTE INC
NEW
0.4% of portfolio
AVPT
AVEPOINT INC
NEW
0.3% of portfolio
PDFS
PDF SOLUTIONS INC
NEW
0.3% of portfolio
GLBE
GLOBAL E ONLINE LTD
+0.6%
7.8% of portfolio

๐Ÿ“‰ Biggest Sells

CYBR
CYBERARK SOFTWARE LTD
-62.6%
5.6% of portfolio
RGEN
REPLIGEN CORP
-59.0%
3.7% of portfolio
DDOG
DATADOG INC
-65.7%
2.7% of portfolio
XMTR
XOMETRY INC
-56.6%
3.4% of portfolio
GKOS
GLAUKOS CORP
-57.2%
3.0% of portfolio

Sector Breakdown

Other99.9%
Technology0.1%
Consumer0.0%

๐Ÿšช Exited Positionssold since Q3 2025

PB
PROS HOLDINGS INC
SOLD
$7.4M
TNDM
TANDEM DIABETES CARE INC
SOLD
$4.4M
META
META PLATFORMS INC
SOLD
$302.6K

Changes from Q3 2025

NEW4 new positions
โ†‘1 increased
โ†“50 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023