BROWN CAPITAL MANAGEMENT LLC
Sector Allocation
- Technology59.3%$296.7M
- Healthcare29.8%$149.0M
- Industrials9.1%$45.6M
- Consumer Staples1.2%$5.9M
- Financials0.6%$2.8M
- Consumer Discretionary0.0%$215,221
AUM History
13fpro.ai/research/fund/brown-capital-management-llc-885062
Conviction and streaks
Stable · top 10 = 45.7%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
CAMT
$29.2MCGNX
$25.5MDDOG
$25.5MXMTR
$25.0MGLBE
$23.8MGKOS
$23.5MVCEL
$22.4MRGEN
$19.2MVEEV
$17.7MCLBT
$16.6MGWRE
$16.4MMANH
$16.2MAPPF
$16.0MTECH
$14.0MAGYS
$13.8MUFPT
$13.4MTYL
$11.1MCYRX
$10.5MQTWO
$10.5MAXGN
$10.4M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/brown-capital-management-llc-885062
BROWN CAPITAL MANAGEMENT LLC 13F holdings — Q2 2026
$500.2M portfolio (-28.9% QoQ) · 54 holdings · Q2 2026 13F · top 10 are 46% of the stock portfolio
$29.2M
5.8% of stocks
-71%This quarter-18.6%Since filed7+ qtrsHeld$25.5M
5.1% of stocks
-15%This quarter-9.2%Since filed7+ qtrsHeld$25.5M
5.1% of stocks
-45%This quarter+11.3%Since filed7+ qtrsHeld$25.0M
5.0% of stocks
-38%This quarter+4.8%Since filed7+ qtrsHeld$23.8M
4.8% of stocks
-51%This quarter+10.8%Since filed7+ qtrsHeld$23.5M
4.7% of stocks
-27%This quarter+17.4%Since filed7+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 6 qtrs in a row$22.4M
4.5% of stocks
-15%This quarter-5.0%Since filed7+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 6 qtrs in a row$19.2M
3.8% of stocks
-17%This quarter+37.5%Since filed7+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 4 qtrs in a row$17.7M
3.5% of stocks
-13%This quarter+63.6%Since filed7+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 6 qtrs in a row$16.6M
3.3% of stocks
-58%This quarter-16.5%Since filed2 qtrsHeld
All holdings — BROWN CAPITAL MANAGEMENT LLC (Q2 2026)
54 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | Guidewire Software, Inc. | Technology | $16.4M | 3.3% | 134K | +2% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | MANHATTAN ASSOCIATES INC | Technology | $16.2M | 3.2% | 116K | -13% | 7+ qtrsTrimmed 5 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | APPFOLIO INC | Technology | $16.0M | 3.2% | 100K | -8% | 7+ qtrsTrimmed 6 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | BIO-TECHNE Corp | Healthcare | $14.0M | 2.8% | 198K | -36% | 7+ qtrsTrimmed 6 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | AGILYSYS INC | Technology | $13.8M | 2.8% | 132K | -14% | 7+ qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | UFP TECHNOLOGIES INC | Healthcare | $13.4M | 2.7% | 51K | -14% | 7+ qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | TYLER TECHNOLOGIES INC | Technology | $11.1M | 2.2% | 38K | -28% | 7+ qtrsTrimmed 6 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | Cryoport, Inc. | Healthcare | $10.5M | 2.1% | 670K | -14% | 7+ qtrsTrimmed 6 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | Q2 Holdings, Inc. | Technology | $10.5M | 2.1% | 218K | -14% | 7+ qtrsTrimmed 6 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | Axogen, Inc. | Healthcare | $10.4M | 2.1% | 225K | -13% | 4 qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | BADGER METER INC | Technology | $9.2M | 1.9% | 62K | -14% | 6 qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | Red Violet, Inc. | Technology | $7.4M | 1.5% | 117K | -14% | 6 qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | CORCEPT THERAPEUTICS INC | Healthcare | $7.3M | 1.5% | 84K | -10% | 4 qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | PDF SOLUTIONS INC | Technology | $7.2M | 1.4% | 102K | -2% | 3 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | Loar Holdings Inc. | Industrials | $6.8M | 1.4% | 85K | +14% | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $PAYC | Paycom Software, Inc. | Technology | $6.8M | 1.4% | 54K | -48% | |||
| 27 | $WK | WORKIVA INC | Technology | $6.2M | 1.3% | 128K | -14% | |||
| 28 | $NCNO | nCino, Inc. | Technology | $6.1M | 1.2% | 370K | -30% | |||
| 29 | $TMDX | TransMedics Group, Inc. | Healthcare | $6.0M | 1.2% | 90K | -8% | |||
| 30 | $MAMA | Mama's Creations, Inc. | Consumer Staples | $5.9M | 1.2% | 328K | -9% | |||
| 31 | $VCYT | VERACYTE, INC. | Healthcare | $5.6M | 1.1% | 96K | -11% | |||
| 32 | $ALRM | Alarm.com Holdings, Inc. | Technology | $5.6M | 1.1% | 121K | -66% | |||
| 33 | $VERX | Vertex, Inc. | Technology | $4.3M | 0.9% | 374K | -14% | |||
| 34 | $CRDO | Credo Technology Group Holding Ltd | Technology | $4.3M | 0.8% | 16K | -2% | |||
| 35 | $WRBY | Warby Parker Inc. | Healthcare | $4.2M | 0.8% | 140K | New | |||
| 36 | $PKE | PARK AEROSPACE CORP | Industrials | $4.2M | 0.8% | 109K | New | |||
| 37 | $KRYS | Krystal Biotech, Inc. | Healthcare | $4.1M | 0.8% | 11K | +19% | |||
| 38 | $XPEL | XPEL, Inc. | Industrials | $3.9M | 0.8% | 79K | +53% | |||
| 39 | $DUOL | Duolingo, Inc. | Technology | $3.5M | 0.7% | 30K | -14% | |||
| 40 | $SITM | SITIME Corp | Technology | $3.4M | 0.7% | 4,614 | +3% | |||
| 41 | $KRMN | Karman Holdings Inc. | Industrials | $3.1M | 0.6% | 63K | New | |||
| 42 | $KIDS | ORTHOPEDIATRICS CORP | Healthcare | $2.9M | 0.6% | 153K | -51% | |||
| 43 | $AMSC | AMERICAN SUPERCONDUCTOR CORP /DE/ | Technology | $2.8M | 0.6% | 68K | New | |||
| 44 | $FIGR | Figure Technology Solutions, Inc. | Financials | $2.8M | 0.6% | 91K | New | |||
| 45 | $ERII | Energy Recovery, Inc. | Industrials | $2.6M | 0.5% | 283K | -47% | |||
| 46 | $INTA | Intapp, Inc. | Technology | $2.5M | 0.5% | 99K | -13% | |||
| 47 | $HTFL | Heartflow, Inc. | Healthcare | $2.4M | 0.5% | 82K | New | |||
| 48 | $AVPT | AvePoint, Inc. | Technology | $2.3M | 0.5% | 206K | -13% | |||
| 49 | $SPSC | SPS COMMERCE INC | Technology | $2.2M | 0.4% | 38K | -47% | |||
| 50 | $INSP | Inspire Medical Systems, Inc. | Healthcare | $2.0M | 0.4% | 44K | -48% | |||
| 51 | $RXST | RxSight, Inc. | Healthcare | $1.0M | 0.2% | 216K | -13% | |||
| 52 | $AAPL | Apple Inc. | Technology | $275K | 0.1% | 952 | — | |||
| 53 | $GOOGL | Alphabet Inc. | Technology | $266K | 0.1% | 744 | — | |||
| 54 | $AMZN | AMAZON COM INC | Consumer Discretionary | $215K | 0.0% | 903 | New |
What changed in Q2 2026
Against the previous quarter's 13F: 7 new, 5 added to, 40 trimmed, 9 sold out. Share-count changes; largest moves by dollar size first.
New positions (7)
$WRBYWarby Parker Inc.$4.2M
first bought this quarter
$PKEPARK AEROSPACE CORP$4.2M
first bought this quarter
$KRMNKarman Holdings Inc.$3.1M
first bought this quarter
$AMSCAMERICAN SUPERCONDUCTOR CORP /DE/$2.8M
first bought this quarter
$FIGRFigure Technology Solutions, Inc.$2.8M
first bought this quarter
$HTFLHeartflow, Inc.$2.4M
first bought this quarter
+1 more in the Excel export
Added to (5)
Trimmed (40)
now $29.2M · held 7+ qtrs, 3 trims in a row
now $23.8M · held 7+ qtrs, 2 trims in a row
now $16.6M · held 2 qtrs
now $25.5M · held 7+ qtrs, 6 trims in a row
now $25.0M · held 7+ qtrs, 6 trims in a row
$ALRMAlarm.com Holdings, Inc.-66%
now $5.6M · held 7+ qtrs, 6 trims in a row
+34 more in the Excel export
Holdings by quarter
Every 13F BROWN CAPITAL MANAGEMENT LLC has filed, 40 earlier quarters. Pick one to see what it held then.
Is it too late to follow BROWN CAPITAL MANAGEMENT?
Q2 2026 13F filed with the SEC on Jul 27, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of BROWN CAPITAL MANAGEMENT's top 20 holdings: 60/100 (our AI quality score, weighted by position size; 17 of the 20 are scored)
Top 10 since filing
+7.7%
Value-weighted move of the 10 largest stock positions
Turnover
4%
Last quarter; 13% over the last 4
Top 10 weight
46%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
85%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
BROWN CAPITAL MANAGEMENT LLC disclosed 54 positions worth $500.2M in its Form 13F-HR for Q2 2026, led by $CAMT (CAMTEK LTD) at 5.8% of the equity portfolio, followed by $CGNX and $DDOG. During the quarter the fund opened 7 new positions and exited 9 — including a new stake in $WRBY and a full exit from $MELI. The portfolio is most concentrated in Technology (59.3% of disclosed assets). All figures are sourced directly from BROWN CAPITAL MANAGEMENT LLC’s Form 13F-HR filing with the SEC under CIK 885062.
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