# BROWN CAPITAL MANAGEMENT LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 885062. Source: https://holderbook.com/funds/885062-brown-capital-management-llc/

- Reported value: $500.2M
- Positions: 54
- Weight of the ten largest: 45.7%
- Filed: 2026-07-27

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| CAMTEK LTD | [CAMT](https://holderbook.com/stocks/CAMT/) | $29.2M | 178,944 | 5.8% | 7 |
| COGNEX CORP | [CGNX](https://holderbook.com/stocks/CGNX/) | $25.5M | 351,942 | 5.1% | 31 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $25.5M | 97,832 | 5.1% | 26 |
| XOMETRY INC | [XMTR](https://holderbook.com/stocks/XMTR/) | $25.0M | 259,008 | 5.0% | 17 |
| GLOBAL E ONLINE LTD | [GLBE](https://holderbook.com/stocks/GLBE/) | $23.8M | 685,480 | 4.8% | 10 |
| GLAUKOS CORP | [GKOS](https://holderbook.com/stocks/GKOS/) | $23.5M | 167,920 | 4.7% | 31 |
| VERICEL CORP | [VCEL](https://holderbook.com/stocks/VCEL/) | $22.4M | 504,049 | 4.5% | 25 |
| REPLIGEN CORP | [RGEN](https://holderbook.com/stocks/RGEN/) | $19.2M | 140,899 | 3.8% | 22 |
| VEEVA SYS INC | [VEEV](https://holderbook.com/stocks/VEEV/) | $17.7M | 99,469 | 3.5% | 31 |
| CELLEBRITE DI LTD | [CLBT](https://holderbook.com/stocks/CLBT/) | $16.6M | 1,140,261 | 3.3% | 2 |
| GUIDEWIRE SOFTWARE INC | [GWRE](https://holderbook.com/stocks/GWRE/) | $16.4M | 133,623 | 3.3% | 31 |
| MANHATTAN ASSOCIATES INC | [MANH](https://holderbook.com/stocks/MANH/) | $16.2M | 116,118 | 3.2% | 31 |
| APPFOLIO INC | [APPF](https://holderbook.com/stocks/APPF/) | $16.0M | 99,549 | 3.2% | 29 |
| BIO-TECHNE CORP | [TECH](https://holderbook.com/stocks/TECH/) | $14.0M | 197,665 | 2.8% | 31 |
| AGILYSYS INC | [AGYS](https://holderbook.com/stocks/AGYS/) | $13.8M | 132,299 | 2.8% | 10 |
| UFP TECHNOLOGIES INC | [UFPT](https://holderbook.com/stocks/UFPT/) | $13.4M | 50,689 | 2.7% | 9 |
| TYLER TECHNOLOGIES INC | [TYL](https://holderbook.com/stocks/TYL/) | $11.1M | 38,028 | 2.2% | 31 |
| CRYOPORT INC | [CYRX](https://holderbook.com/stocks/CYRX/) | $10.5M | 670,057 | 2.1% | 20 |
| Q2 HLDGS INC | [QTWO](https://holderbook.com/stocks/QTWO/) | $10.5M | 218,489 | 2.1% | 31 |
| AXOGEN INC | [AXGN](https://holderbook.com/stocks/AXGN/) | $10.4M | 225,207 | 2.1% | 4 |
| BADGER METER INC | [BMI](https://holderbook.com/stocks/BMI/) | $9.2M | 62,218 | 1.8% | 6 |
| RED VIOLET INC | [RDVT](https://holderbook.com/stocks/RDVT/) | $7.4M | 116,602 | 1.5% | 6 |
| CORCEPT THERAPEUTICS INC | [CORT](https://holderbook.com/stocks/CORT/) | $7.3M | 84,041 | 1.5% | 4 |
| PDF SOLUTIONS INC | [PDFS](https://holderbook.com/stocks/PDFS/) | $7.2M | 102,231 | 1.4% | 3 |
| LOAR HOLDINGS INC | [LOAR](https://holderbook.com/stocks/LOAR/) | $6.8M | 84,816 | 1.4% | 3 |
| PAYCOM SOFTWARE INC | [PAYC](https://holderbook.com/stocks/PAYC/) | $6.8M | 53,823 | 1.4% | 31 |
| WORKIVA INC | [WK](https://holderbook.com/stocks/WK/) | $6.2M | 128,497 | 1.2% | 15 |
| NCINO INC | [NCNO](https://holderbook.com/stocks/NCNO/) | $6.1M | 370,368 | 1.2% | 18 |
| TRANSMEDICS GROUP INC | [TMDX](https://holderbook.com/stocks/TMDX/) | $6.0M | 89,828 | 1.2% | 6 |
| MAMAS CREATIONS INC | [MAMA](https://holderbook.com/stocks/MAMA/) | $5.9M | 328,395 | 1.2% | 4 |
| VERACYTE INC | [VCYT](https://holderbook.com/stocks/VCYT/) | $5.6M | 96,023 | 1.1% | 3 |
| ALARM COM HLDGS INC | [ALRM](https://holderbook.com/stocks/ALRM/) | $5.6M | 120,604 | 1.1% | 31 |
| VERTEX INC | [VERX](https://holderbook.com/stocks/VERX/) | $4.3M | 373,824 | 0.9% | 8 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $4.3M | 15,703 | 0.9% | 2 |
| WARBY PARKER INC | [WRBY](https://holderbook.com/stocks/WRBY/) | $4.2M | 139,589 | 0.8% | 1 |
| PARK AEROSPACE CORP | [PKE](https://holderbook.com/stocks/PKE/) | $4.2M | 108,882 | 0.8% | 1 |
| KRYSTAL BIOTECH INC | [KRYS](https://holderbook.com/stocks/KRYS/) | $4.1M | 10,968 | 0.8% | 2 |
| XPEL INC | [XPEL](https://holderbook.com/stocks/XPEL/) | $3.9M | 79,064 | 0.8% | 2 |
| DUOLINGO INC | [DUOL](https://holderbook.com/stocks/DUOL/) | $3.5M | 30,304 | 0.7% | 7 |
| SITIME CORP | [SITM](https://holderbook.com/stocks/SITM/) | $3.4M | 4,614 | 0.7% | 2 |
| KARMAN HLDGS INC | [KRMN](https://holderbook.com/stocks/KRMN/) | $3.1M | 62,678 | 0.6% | 1 |
| ORTHOPEDIATRICS CORP | [KIDS](https://holderbook.com/stocks/KIDS/) | $2.9M | 153,314 | 0.6% | 26 |
| AMERICAN SUPERCONDUCTOR CORP | [AMSC](https://holderbook.com/stocks/AMSC/) | $2.8M | 68,156 | 0.6% | 1 |
| FIGURE TECHNOLOGY SOLUTIO | [FIGR](https://holderbook.com/stocks/FIGR/) | $2.8M | 91,344 | 0.6% | 1 |
| ENERGY RECOVERY INC | [ERII](https://holderbook.com/stocks/ERII/) | $2.6M | 282,866 | 0.5% | 14 |
| INTAPP INC | [INTA](https://holderbook.com/stocks/INTA/) | $2.5M | 98,603 | 0.5% | 4 |
| HEARTFLOW INC | [HTFL](https://holderbook.com/stocks/HTFL/) | $2.4M | 82,091 | 0.5% | 1 |
| AVEPOINT INC | [AVPT](https://holderbook.com/stocks/AVPT/) | $2.3M | 206,292 | 0.5% | 3 |
| SPS COMM INC | [SPSC](https://holderbook.com/stocks/SPSC/) | $2.2M | 38,208 | 0.4% | 7 |
| INSPIRE MED SYS INC | [INSP](https://holderbook.com/stocks/INSP/) | $2.0M | 43,951 | 0.4% | 10 |
| RXSIGHT INC | [RXST](https://holderbook.com/stocks/RXST/) | $1.0M | 216,300 | 0.2% | 8 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $275.5K | 952 | 0.1% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $265.9K | 744 | 0.1% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $215.2K | 903 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +20.6% | +14.8% | +5.8% | 98% |
| Q1 2026 | -16.0% | -4.6% | -11.4% | 94% |
| Q4 2025 | -2.2% | +2.4% | -4.6% | 100% |
| Q3 2025 | +0.3% | +7.8% | -7.5% | 98% |
| Q2 2025 | +11.3% | +10.5% | +0.8% | 98% |
| Q1 2025 | -14.9% | -4.6% | -10.4% | 100% |
| Q4 2024 | +8.3% | +2.1% | +6.2% | 100% |
| Q3 2024 | +8.7% | +5.4% | +3.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $500.2M | 54 |
| Q1 2026 | $704.0M | 56 |
| Q4 2025 | $1.2B | 55 |
| Q3 2025 | $2.4B | 54 |
| Q2 2025 | $3.4B | 83 |
| Q1 2025 | $3.3B | 105 |
| Q4 2024 | $4.3B | 118 |
| Q3 2024 | $4.6B | 133 |
| Q2 2024 | $4.9B | 130 |
| Q1 2024 | $5.7B | 133 |
| Q4 2023 | $6.7B | 128 |
| Q3 2023 | $6.5B | 126 |