Latest BROWN CAPITAL MANAGEMENT LLC Stock Portfolio

BROWN CAPITAL MANAGEMENT LLC Performance:

2024 Q3: 7.56%YTD: 2.72%2023: 17.57%

Performance for 2024 Q3 is 7.56%, and YTD is 2.72%, and 2023 is 17.57%.

About BROWN CAPITAL MANAGEMENT LLC and 13F Hedge Fund Stock Holdings

BROWN CAPITAL MANAGEMENT LLC is a hedge fund based in BALTIMORE, MD. On 31-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $10.6 Billions. In it's latest 13F Holdings report, BROWN CAPITAL MANAGEMENT LLC reported an equity portfolio of $4.6 Billions as of 30 Sep, 2024.

The top stock holdings of BROWN CAPITAL MANAGEMENT LLC are GWRE, MANH, TYL. The fund has invested 5.1% of it's portfolio in GUIDEWIRE SOFTWARE INC and 5.1% of portfolio in MANHATTAN ASSOCIATES INC.

The fund managers got completely rid off MOBILEYE GLOBAL INC (MBLY) and IRONWOOD PHARMACEUTICALS INC (IRWD) stocks. They significantly reduced their stock positions in MASIMO CORP (MASI), OMNICELL COM (OMCL) and ALIGN TECHNOLOGY INC (ALGN). BROWN CAPITAL MANAGEMENT LLC opened new stock positions in RXSIGHT INC (RXST), VERTEX INC (VERX) and PULTE GROUP INC (PHM). The fund showed a lot of confidence in some stocks as they added substantially to TEXAS INSTRS INC (TXN), MONDAY COM LTD and MERCADOLIBRE INC (MELI).

BROWN CAPITAL MANAGEMENT LLC Annual Return Estimates Vs S&P 500

Our best estimate is that BROWN CAPITAL MANAGEMENT LLC made a return of 7.56% in the last quarter. In trailing 12 months, it's portfolio return was 11.07%.

New Buys

Ticker	$ Bought
rxsight inc	26,812,700
vertex inc	20,937,800
pulte group inc	240,269
philip morris intl inc	214,878
cisco sys inc	206,494

New stocks bought by BROWN CAPITAL MANAGEMENT LLC

Additions

Ticker	% Inc.
texas instrs inc	22.71
monday com ltd	2.39
mercadolibre inc	2.38
atlassian corporation	2.37
icon plc	2.12
check point software tech lt	1.73
doubleverify hldgs inc	0.45
flutter entmt plc	0.29

Additions to existing portfolio by BROWN CAPITAL MANAGEMENT LLC

Reductions

Ticker	% Reduced
masimo corp	-83.57
omnicell com	-79.89
align technology inc	-79.54
simpson mfg inc	-78.56
envestnet inc	-75.67
corpay inc	-75.34
five9 inc	-75.06
rbc bearings inc	-74.24

BROWN CAPITAL MANAGEMENT LLC reduced stake in above stock

Sold off

Ticker	$ Sold
ironwood pharmaceuticals inc	-16,827,300
mobileye global inc	-24,013,400

BROWN CAPITAL MANAGEMENT LLC got rid off the above stocks

Sector Distribution

BROWN CAPITAL MANAGEMENT LLC has about 54.6% of it's holdings in Technology sector.

Sector	%
Technology	54.6
Healthcare	26.8
Others	10.3
Industrials	6.1
Consumer Cyclical	1.7

Market Cap. Distribution

BROWN CAPITAL MANAGEMENT LLC has about 33.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	42.9
LARGE-CAP	32
SMALL-CAP	13
UNALLOCATED	10.7
MEGA-CAP	1.1

Stocks belong to which Index?

About 51.8% of the stocks held by BROWN CAPITAL MANAGEMENT LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	48.1
RUSSELL 2000	35.6
S&P 500	16.2

Top 5 Winners (%)		%
XMTR	xometry inc	58.4 %
OMCL	omnicell com	58.0 %
INSP	inspire med sys inc	55.4 %
CWAN	clearwater analytics hldgs i	34.8 %
ERII	energy recovery inc	30.1 %

Top 5 Winners ($)		$
GWRE	guidewire software inc	63.9 M
QTWO	q2 hldgs inc	42.7 M
SMAR	smartsheet inc	42.3 M
TYL	tyler technologies inc	37.0 M
XMTR	xometry inc	33.1 M

Top 5 Losers (%)		%
DXCM	dexcom inc	-39.2 %
PRO	pros holdings inc	-34.8 %
EW	edwards lifesciences corp	-28.1 %
FIVN	five9 inc	-27.8 %
ENTG	entegris inc	-15.7 %

Top 5 Losers ($)		$
DDOG	datadog inc	-27.7 M
ALRM	alarm com hldgs inc	-25.8 M
CGNX	cognex corp	-22.5 M
VCEL	vericel corp	-13.4 M
PRO	pros holdings inc	-11.7 M

BROWN CAPITAL MANAGEMENT LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of BROWN CAPITAL MANAGEMENT LLC

BROWN CAPITAL MANAGEMENT LLC has 133 stocks in it's portfolio. About 43.8% of the portfolio is in top 10 stocks. DDOG proved to be the most loss making stock for the portfolio. GWRE was the most profitable stock for BROWN CAPITAL MANAGEMENT LLC last quarter.

Last Reported on: 12 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.21	42,104	9,810,230	reduced	-2.15

ABBV	abbvie inc	0.03	5,953	1,175,600	unchanged	0.00

ABT	abbott labs	0.02	7,846	894,522	reduced	-1.88

ADBE	adobe inc	0.02	2,178	1,127,720	reduced	-0.82

ADP	automatic data processing in	0.03	5,658	1,565,740	unchanged	0.00

ADSK	autodesk inc	0.04	7,348	2,024,230	reduced	-63.73

AGYS	agilysys inc	1.60	683,661	74,498,500	reduced	-9.19

ALGN	align technology inc	0.03	6,201	1,577,040	reduced	-79.54

ALRM	alarm com hldgs inc	3.30	2,803,880	153,288,000	reduced	-12.37

AMZN	amazon com inc	0.10	25,397	4,732,220	reduced	-0.63

ANSS	ansys inc	3.15	458,964	146,240,000	reduced	-16.37

APD	air prods & chems inc	0.01	1,196	356,097	unchanged	0.00

APPF	appfolio inc	4.08	804,645	189,413,000	reduced	-11.59

BFAM	bright horizons fam sol in d	0.02	7,822	1,096,100	reduced	-50.05

BKNG	booking holdings inc	0.01	87.00	366,454	reduced	-1.14

BOH	bank hawaii corp	0.01	4,195	263,320	unchanged	0.00

BR	broadridge finl solutions in	0.05	10,475	2,252,440	reduced	-57.85

BSY	bentley sys inc	0.02	21,121	1,073,160	reduced	-73.26

BX	blackstone inc	0.01	1,712	262,159	unchanged	0.00

CGNX	cognex corp	2.73	3,135,400	126,983,000	reduced	-12.25