SEC 13F Intelligence

Managers / Q1 2026

BROWN CAPITAL MANAGEMENT LLC

CIK 0000885062 · 1201 N CALVERT ST, BALTIMORE, MD, 21201 · 4108373234

Reported Value
$704M
Q1 2026
Positions
56
Filings on Record
31
2019–present window
Filed
May 14, 2026
original filing

Summary

Brown Capital Management LLC reported $704M in U.S.-listed holdings across 56 positions for Q1 2026.

Its largest position, Camtek, represents 13.4% of the portfolio.

Compared with Q4 2025, the fund opened 5 new positions and exited 4.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+46.7%
share of reported value
Largest Position
+13.4%
Camtek
New / Exited
5 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $8.3BQ4 ’18Q1 ’19: $9.9BQ2 ’19: $10.5BQ3 ’19: $10.3BQ4 ’19: $10.5BQ4 ’19Q1 ’20: $8.6BQ2 ’20: $11.6BQ3 ’20: $12.1BQ4 ’20: $14.5BQ4 ’20Q1 ’21: $13.4BQ2 ’21: $13.2BQ3 ’21: $12.2BQ4 ’21: $12.1BQ4 ’21Q1 ’22: $10.0BQ2 ’22: $7.5BQ3 ’22: $7.1BQ4 ’22: $6.0BQ4 ’22Q1 ’23: $6.7BQ2 ’23: $7.0BQ3 ’23: $6.5BQ4 ’23: $6.7BQ4 ’23Q1 ’24: $5.7BQ2 ’24: $4.9BQ3 ’24: $4.6BQ4 ’24: $4.3BQ4 ’24Q1 ’25: $3.3BQ2 ’25: $3.4BQ3 ’25: $2.4BQ4 ’25: $1.2BQ4 ’25Q1 ’26: $704Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 68.4%Other: 31.6%
  • Common Stock · 68.4% · $482M
  • Other · 31.6% · $222M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CELLEBRITE DI LTDNEW+2.70M2.70M+$37M$37M
KRYSKRYSTAL BIOTECH INCNEW+9.2K9.2K+$2M$2M
XPELXPEL INCNEW+51.6K51.6K+$2M$2M
SITMSITIME CORPNEW+4.5K4.5K+$2M$2M
CREDO TECHNOLOGY GROUP HOLDINEW+16.0K16.0K+$1M$1M
CYBERARK SOFTWARE LTDSOLD OUT−152.5K0−$68M$0
MONDAY COM LTDSOLD OUT−71.1K0−$10M$0
MSFTMICROSOFT CORPSOLD OUT−4380−$211,826$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CAMTEK LTDORD13.35%$94M620.1K
2GLOBAL E ONLINE LTDSHS6.13%$43M1.40M
3CELLEBRITE DI LTDORDINARY SHARES5.29%$37M2.70M
4GKOSGLAUKOS CORPhistory →COM3.52%$25M230.0K
5MLB1MERCADOLIBRE INChistory →COM3.48%$24M14.2K
6SHOPSHOPIFY INChistory →CL A SUB VTG SHS3.40%$24M201.7K
7DDOGDATADOG INChistory →CL A COM2.96%$21M176.5K
8CGNXCOGNEX CORPhistory →COM2.89%$20M414.6K
9VEEVVEEVA SYS INChistory →CL A COM2.87%$20M114.9K
10RGENREPLIGEN CORPhistory →COM2.85%$20M170.0K
11GWREGUIDEWIRE SOFTWARE INChistory →COM2.78%$20M131.0K
12VCELVERICEL CORPhistory →COM2.71%$19M592.5K
13TYLTYLER TECHNOLOGIES INChistory →COM2.57%$18M52.9K
14MANHMANHATTAN ASSOCIATES INChistory →COM2.53%$18M134.0K
15ICON PLCSHS2.48%$17M158.0K
16XMTRXOMETRY INChistory →CLASS A COM2.44%$17M421.1K
17APPFAPPFOLIO INChistory →COM CL A2.42%$17M108.1K
18TECHBIO-TECHNE CORPhistory →COM2.30%$16M309.6K
19ALRMALARM COM HLDGS INChistory →COM2.20%$16M359.2K
20CLEARWATER ANALYTICS HLDGS ICL A1.87%$13M555.5K
21PAYCPAYCOM SOFTWARE INChistory →COM1.80%$13M104.5K
22QTWOQ2 HLDGS INChistory →COM1.70%$12M252.7K
23UFPTUFP TECHNOLOGIES INChistory →COM1.62%$11M58.8K
24FLUTTER ENTMT PLCSHS1.61%$11M111.3K
25BMIBADGER METER INChistory →COM1.56%$11M72.1K
26AGYSAGILYSYS INChistory →COM1.55%$11M153.4K
27TMDXTRANSMEDICS GROUP INChistory →COM1.38%$10M98.0K
28TEAM1EURATLASSIAN CORPORATIONhistory →CL A1.27%$9M130.8K
29WKWORKIVA INChistory →COM CL A1.26%$9M149.0K
30AXGNAXOGEN INChistory →COM1.22%$9M259.5K
31NCNONCINO INChistory →COM1.13%$8M529.8K
32CTKBCYTEK BIOSCIENCES INCCOM0.92%$6M1.48M
33CYRXCRYOPORT INCCOM PAR $0.0010.92%$6M780.6K
34DVDOUBLEVERIFY HLDGS INCCOM0.79%$6M584.6K
35MAMAMAMAS CREATIONS INCCOM0.79%$6M361.3K
36ERIIENERGY RECOVERY INCCOM0.77%$5M538.1K
37VERXVERTEX INCCL A0.73%$5M434.6K
38KIDSORTHOPEDIATRICS CORPCOM0.70%$5M310.5K
39RDVTRED VIOLET INCCOM0.67%$5M135.6K
40CHECK POINT SOFTWARE TECH LTORD0.65%$5M32.3K
41INSPINSPIRE MED SYS INCCOM0.62%$4M84.4K
42LOARLOAR HOLDINGS INCCOM SHS0.60%$4M74.2K
43SPSCSPS COMM INCCOM0.57%$4M72.4K
44HTDCORCEPT THERAPEUTICS INCCOM0.54%$4M93.7K
45DUOLDUOLINGO INCCL A COM0.49%$3M35.3K
46VCYTVERACYTE INCCOM0.49%$3M107.8K
47PDFSPDF SOLUTIONS INCCOM0.48%$3M104.3K
48INTAINTAPP INCCOM0.41%$3M113.4K
49KRYSKRYSTAL BIOTECH INCCOM0.34%$2M9.2K
50XPELXPEL INCCOM0.32%$2M51.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$704M56May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.2B55Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.4B54Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.4B83Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$3.3B105May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.3B118Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$4.6B133Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$4.9B130Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$5.7B133May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$6.7B128Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$6.5B126Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$7.0B126Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$6.7B124May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$6.0B128Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$7.1B124Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$7.5B124Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$10.0B127May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$12.1B129Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$12.2B127Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$13.2B122Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$13.4B127May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$14.5B124Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$12.1B117Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$11.6B118Aug 7, 2020RESTATEMENTchanges · EDGAR ↗
Q1 2020$8.6B114May 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$10.5B120Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$10.3B121Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$10.5B120Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$9.9B123May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$8.3B122Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.