Brown Capital Management 13F annual report
Brown Capital Management is an investment fund managing more than $4.95 trillion ran by Eddie Brown. There are currently 130 companies in Mr. Brown’s portfolio. The largest investments include Guidewire Software Inc and Manhattan Associates, together worth $497 billion.
$4.95 trillion Assets Under Management (AUM)
As of 5th August 2024, Brown Capital Management’s top holding is 1,807,094 shares of Guidewire Software Inc currently worth over $249 billion and making up 5.0% of the portfolio value.
Relative to the number of outstanding shares of Guidewire Software Inc, Brown Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 1,005,380 shares of Manhattan Associates worth $248 billion, whose value grew 0.8% in the past six months.
The third-largest holding is Datadog Inc worth $245 billion and the next is Tyler Technologies worth $233 billion, with 464,033 shares owned.
Currently, Brown Capital Management's portfolio is worth at least $4.95 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Brown Capital Management
The Brown Capital Management office and employees reside in Baltimore, Maryland. According to the last 13-F report filed with the SEC, Eddie Brown serves as the CEO at Brown Capital Management.
Recent trades
In the most recent 13F filing, Brown Capital Management revealed that it had opened a new position in
UFP Technologies and bought 53,839 shares worth $14.2 billion.
This means they effectively own approximately 0.1% of the company.
UFP Technologies makes up
24.2%
of the fund's Materials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Repligen by buying
139,043 additional shares.
This makes their stake in Repligen total 1,293,678 shares worth $163 billion.
Repligen dropped approximately 0.1% in the past year.
On the other hand, there are companies that Brown Capital Management is getting rid of from its portfolio.
Brown Capital Management closed its position in Neogen on 12th August 2024.
It sold the previously owned 2,877,283 shares for $45.4 billion.
Eddie Brown also disclosed a decreased stake in Guidewire Software Inc by 0.1%.
This leaves the value of the investment at $249 billion and 1,807,094 shares.
One of the largest hedge funds
The two most similar investment funds to Brown Capital Management are Beck Mack & Oliver and Davis R M Inc. They manage $4.93 trillion and $4.93 trillion respectively.
Eddie Brown investment strategy
Brown Capital Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 55.2% of
the total portfolio value.
The fund focuses on investments in the United States as
64.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
41% of the total holdings value.
On the other hand, small-cap stocks make up only 1.5% of the portfolio.
The average market cap of the portfolio companies is close to $121 billion.
The complete list of Brown Capital Management trades based on 13F SEC filings
These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Guidewire Software Inc |
13.14%
1,807,094
|
$249,180,192,000 | 5.03% |
| Manhattan Associates, Inc. |
8.77%
1,005,380
|
$248,007,138,000 | 5.01% |
| Datadog Inc |
9.55%
1,890,692
|
$245,203,845,000 | 4.95% |
| Tyler Technologies, Inc. |
12.13%
464,033
|
$233,306,512,000 | 4.71% |
| Glaukos Corporation |
11.01%
1,897,956
|
$224,623,093,000 | 4.54% |
| Appfolio Inc |
19.87%
910,179
|
$222,602,478,000 | 4.50% |
| Alarm.com Holdings Inc |
7.13%
3,199,591
|
$203,302,012,000 | 4.11% |
| Vericel Corp |
10.79%
4,416,684
|
$202,637,462,000 | 4.09% |
| CyberArk Software Ltd |
3.78%
715,306
|
$195,578,967,000 | 3.95% |
| Veeva Sys Inc |
11.40%
1,031,352
|
$188,747,730,000 | 3.81% |
| Smartsheet Inc |
9.36%
4,077,889
|
$179,753,347,000 | 3.63% |
| Ansys Inc. |
7.91%
548,794
|
$176,437,271,000 | 3.56% |
| Bio-Techne Corp |
5.36%
2,429,548
|
$174,077,114,000 | 3.52% |
| Cognex Corp. |
7.19%
3,573,026
|
$167,074,696,000 | 3.38% |
| Repligen Corp. |
12.04%
1,293,678
|
$163,081,049,000 | 3.30% |
| Q2 Holdings Inc |
8.02%
2,359,764
|
$142,364,562,000 | 2.88% |
| Paycom Software Inc |
10.32%
859,388
|
$122,926,860,000 | 2.48% |
| Helios Technologies, Inc. |
11.89%
1,982,770
|
$94,677,268,000 | 1.91% |
| Ncino, Inc. |
6.92%
2,834,716
|
$89,151,818,000 | 1.80% |
| Agilysys, Inc |
947.72%
752,809
|
$78,397,529,000 | 1.58% |
| Workiva Inc |
3.07%
1,022,339
|
$74,620,524,000 | 1.51% |
| OrthoPediatrics corp |
7.09%
2,593,768
|
$74,596,768,000 | 1.51% |
| Enfusion, Inc. |
14.05%
8,574,519
|
$73,054,902,000 | 1.48% |
| Global E Online Ltd |
0.54%
1,918,292
|
$69,576,451,000 | 1.41% |
| Cytek Biosciences Inc |
5.28%
11,387,384
|
$63,541,603,000 | 1.28% |
| Xometry Inc |
6.70%
4,905,595
|
$56,708,678,000 | 1.15% |
| Icon Plc |
0.09%
174,199
|
$54,606,161,000 | 1.10% |
| Inspire Med Sys Inc |
420.22%
407,847
|
$54,582,164,000 | 1.10% |
| Clearwater Analytics Hldgs I |
7.56%
2,942,376
|
$54,492,804,000 | 1.10% |
| Energy Recovery Inc |
8.66%
3,821,624
|
$50,789,383,000 | 1.03% |
| Flutter Entmt Plc |
0.10%
268,991
|
$49,053,199,000 | 0.99% |
| 10x Genomics, Inc. |
7.15%
2,483,705
|
$48,308,062,000 | 0.98% |
| Olo Inc |
9.56%
10,886,981
|
$48,120,456,000 | 0.97% |
| Neogen Corp. |
Closed
2,877,283
|
$45,403,526,000 | |
| CryoPort Inc |
5.66%
6,186,837
|
$42,751,044,000 | 0.86% |
| MercadoLibre Inc |
0.74%
25,586
|
$42,048,032,000 | 0.85% |
| Tandem Diabetes Care Inc |
4.20%
914,455
|
$36,843,392,000 | 0.74% |
| Vicor Corp. |
6.69%
1,065,081
|
$35,318,086,000 | 0.71% |
| DoubleVerify Holdings, Inc. |
7.38%
1,754,699
|
$34,163,990,000 | 0.69% |
| Shopify Inc |
0.71%
511,960
|
$33,814,958,000 | 0.68% |
| Pros Holdings Inc |
14.06%
1,167,580
|
$33,451,167,000 | 0.68% |
| Monday Com Ltd |
1.58%
108,137
|
$26,035,064,000 | 0.53% |
| Mobileye Global Inc |
0.75%
855,025
|
$24,013,377,000 | 0.49% |
| Inari Med Inc |
7.18%
484,914
|
$23,348,609,000 | 0.47% |
| Shockwave Med Inc |
Closed
70,073
|
$22,817,871,000 | |
| Atlassian Corporation |
1.32%
113,808
|
$20,130,359,000 | 0.41% |
| Ironwood Pharmaceuticals Inc |
4.44%
2,580,875
|
$16,827,305,000 | 0.34% |
| Inogen Inc |
1.23%
1,950,936
|
$15,861,110,000 | 0.32% |
| UFP Technologies Inc. |
Opened
53,839
|
$14,206,497,000 | 0.29% |
| Check Point Software Tech Lt |
3.75%
75,061
|
$12,385,065,000 | 0.25% |
| Apple Inc |
16.73%
43,027
|
$9,062,347,000 | 0.18% |
| Microsoft Corporation |
13.10%
18,240
|
$8,152,368,000 | 0.16% |
| Alphabet Inc |
12.96%
42,234
|
$7,692,923,000 | 0.16% |
| Align Technology, Inc. |
3.62%
30,315
|
$7,318,950,000 | 0.15% |
| HubSpot Inc |
5.85%
9,598
|
$5,660,804,000 | 0.11% |
| Chipotle Mexican Grill |
4,869.49%
85,028
|
$5,327,004,000 | 0.11% |
| Autodesk Inc. |
2.86%
20,261
|
$5,013,584,000 | 0.10% |
| Amazon.com Inc. |
5.33%
25,557
|
$4,938,890,000 | 0.10% |
| Broadridge Finl Solutions In |
1.17%
24,853
|
$4,896,041,000 | 0.10% |
| Tractor Supply Co. |
3.00%
16,822
|
$4,541,940,000 | 0.09% |
| Corpay Inc |
0.73%
16,377
|
$4,362,997,000 | 0.09% |
| Charles Riv Labs Intl Inc |
12.52%
20,088
|
$4,149,779,000 | 0.08% |
| Ishares Tr |
Closed
77,388
|
$4,131,745,000 | |
| Bentley Sys Inc |
0.69%
78,988
|
$3,898,848,000 | 0.08% |
| Insulet Corporation |
4.12%
18,953
|
$3,824,715,000 | 0.08% |
| RBC Bearings Inc. |
0.72%
13,602
|
$3,669,548,000 | 0.07% |
| Equifax, Inc. |
0.64%
15,123
|
$3,666,723,000 | 0.07% |
| Meta Platforms Inc |
21.32%
7,038
|
$3,548,700,000 | 0.07% |
| Entegris Inc |
5.81%
25,773
|
$3,489,664,000 | 0.07% |
| Masimo Corp |
0.12%
26,811
|
$3,376,577,000 | 0.07% |
| Dexcom Inc |
12.45%
29,591
|
$3,355,028,000 | 0.07% |
| Edwards Lifesciences Corp |
0.35%
35,171
|
$3,248,745,000 | 0.07% |
| Home Depot, Inc. |
1.86%
8,910
|
$3,067,178,000 | 0.06% |
| Price T Rowe Group Inc |
3.63%
25,791
|
$2,973,960,000 | 0.06% |
| Mastercard Incorporated |
8.94%
6,689
|
$2,950,919,000 | 0.06% |
| Simpson Mfg Inc |
0.76%
16,229
|
$2,735,073,000 | 0.06% |
| Henry Jack & Assoc Inc |
0.65%
14,935
|
$2,479,509,000 | 0.05% |
| Grainger W W Inc |
No change
2,500
|
$2,255,600,000 | 0.05% |
| Fair Isaac Corp. |
65.86%
1,511
|
$2,249,365,000 | 0.05% |
| SiteOne Landscape Supply Inc |
0.92%
15,133
|
$1,837,298,000 | 0.04% |
| Ecolab, Inc. |
8.40%
7,336
|
$1,745,968,000 | 0.04% |
| Bright Horizons Fam Sol In D |
29.37%
15,659
|
$1,723,743,000 | 0.03% |
| Five9 Inc |
0.71%
37,204
|
$1,640,696,000 | 0.03% |
| NVIDIA Corp |
Opened
12,568
|
$1,552,651,000 | 0.03% |
| MarketAxess Holdings Inc. |
0.68%
7,288
|
$1,461,463,000 | 0.03% |
| Automatic Data Processing In |
4.23%
5,658
|
$1,350,508,000 | 0.03% |
| Fastenal Co. |
1.60%
21,214
|
$1,333,088,000 | 0.03% |
| Oreilly Automotive Inc |
1.53%
1,224
|
$1,292,617,000 | 0.03% |
| Ulta Beauty Inc |
12.02%
3,236
|
$1,248,675,000 | 0.03% |
| Omnicell Com |
0.76%
46,042
|
$1,246,357,000 | 0.03% |
| Mcdonalds Corp |
2.24%
4,842
|
$1,233,935,000 | 0.02% |
| Adobe Inc |
15.57%
2,196
|
$1,219,966,000 | 0.02% |
| Dicks Sporting Goods, Inc. |
No change
5,500
|
$1,181,675,000 | 0.02% |
| Natera Inc |
Opened
10,834
|
$1,173,214,000 | 0.02% |
| Pepsico Inc |
3.78%
6,917
|
$1,140,821,000 | 0.02% |
| Fiserv, Inc. |
0.11%
7,042
|
$1,049,540,000 | 0.02% |
| Abbvie Inc |
1.49%
5,953
|
$1,021,059,000 | 0.02% |
| Envestnet Inc. |
0.71%
15,894
|
$994,805,000 | 0.02% |
| Visa Inc |
0.16%
3,661
|
$960,903,000 | 0.02% |
| Salesforce Inc |
1.56%
3,545
|
$911,420,000 | 0.02% |
| United Parcel Service, Inc. |
5.45%
6,656
|
$910,874,000 | 0.02% |
| JPMorgan Chase & Co. |
3.56%
4,474
|
$904,911,000 | 0.02% |
| WEC Energy Group Inc |
5.27%
10,868
|
$852,703,000 | 0.02% |
| Procter And Gamble Co |
15.38%
5,170
|
$852,636,000 | 0.02% |
| Oracle Corp. |
30.97%
5,895
|
$832,374,000 | 0.02% |
| Abbott Labs |
14.16%
7,996
|
$830,864,000 | 0.02% |
| Illinois Tool Wks Inc |
1.47%
3,352
|
$794,290,000 | 0.02% |
| Sysco Corp. |
1.77%
10,305
|
$735,674,000 | 0.01% |
| Zoetis Inc |
1.31%
4,027
|
$698,121,000 | 0.01% |
| Starbucks Corp. |
3.39%
7,952
|
$619,063,000 | 0.01% |
| Schwab Charles Corp |
21.34%
6,877
|
$506,766,000 | 0.01% |
| Williams-Sonoma, Inc. |
Closed
1,376
|
$436,921,000 | |
| Target Corp |
No change
2,888
|
$427,540,000 | 0.01% |
| Merck & Co Inc |
15.56%
3,424
|
$423,891,000 | 0.01% |
| York Wtr Co |
No change
11,250
|
$417,263,000 | 0.01% |
| Quanta Svcs Inc |
No change
1,640
|
$416,708,000 | 0.01% |
| Pulte Group Inc |
Closed
3,399
|
$409,987,000 | |
| Morgan Stanley |
0.97%
4,063
|
$394,883,000 | 0.01% |
| Cisco Sys Inc |
Closed
7,424
|
$370,532,000 | |
| Unitedhealth Group Inc |
3.48%
722
|
$367,686,000 | 0.01% |
| Eli Lilly & Co |
5.90%
399
|
$361,247,000 | 0.01% |
| Johnson & Johnson |
No change
2,437
|
$356,192,000 | 0.01% |
| Booking Holdings Inc |
4.35%
88
|
$348,612,000 | 0.01% |
| Texas Instrs Inc |
4.81%
1,761
|
$342,567,000 | 0.01% |
| Expedia Group Inc |
30.56%
2,700
|
$340,173,000 | 0.01% |
| Air Prods & Chems Inc |
4.32%
1,196
|
$308,628,000 | 0.01% |
| Darden Restaurants, Inc. |
Opened
2,003
|
$303,094,000 | 0.01% |
| Block H & R Inc |
Opened
5,585
|
$302,875,000 | 0.01% |
| Broadcom Inc. |
Closed
224
|
$296,892,000 | |
| Danaher Corp. |
38.18%
1,127
|
$281,581,000 | 0.01% |
| Paychex Inc. |
1.63%
2,292
|
$271,740,000 | 0.01% |
| Snap-on, Inc. |
5.96%
979
|
$255,901,000 | 0.01% |
| Tjx Cos Inc New |
44.73%
2,318
|
$255,212,000 | 0.01% |
| General Mls Inc |
Opened
3,896
|
$246,461,000 | 0.00% |
| Bank Hawaii Corp |
4.72%
4,195
|
$239,996,000 | 0.00% |
| M & T Bk Corp |
6.05%
1,583
|
$239,603,000 | 0.00% |
| International Business Machs |
Closed
1,175
|
$224,378,000 | |
| Blackstone Inc |
6.45%
1,712
|
$211,946,000 | 0.00% |
| Jazz Pharmaceuticals plc |
Closed
1,739
|
$209,410,000 | |
| No transactions found | |||
| Showing first 500 out of 139 holdings | |||
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