Small Companies, Big Opportunities
Every big company begins as a small company. We strive to be among the earliest institutional investors in companies that we believe can be the great growth stocks of the next decade.
Micro Capitalization Equity Composite
Annualized Returns
As of 12/31/2022, performance reported in USD. Performance figures for less than one year are not annualized. Information for Micro Cap Growth based on composite returns calculated net of actual fees. Past performance is not an indicator of future performance, and the value of your account may increase or decrease over time. The NCGI Micro Capitalization Growth Equity Composite contains all fee-paying portfolios investing primarily in the equity securities of smaller U.S. companies that the portfolio manager believes have substantial potential for high long-term growth. The portfolio manager seeks to identify the fastest growing and highest quality companies for investment. Investment results are measured versus the Russell Microcap Growth Index. Next Century Growth Investors claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein. Please click here for additional graph disclosures. For a GIPS Report click here: Micro Cap Growth GIPS Report
High Growth, High Quality
- We invest in fast growing micro cap companies that can become much larger companies over our holdings period
- Diversified 40-60 stock portfolio with no single holding above 5%
We Do Our Own Homework
- Limited Wall Street coverage means these companies are undiscovered and underappreciated by other investors
- Using a variety of information sources built up over years of experience
- Experienced team focused on uncovering the true risks and potential for these stocks
Finding the Next Big Company – Key Attributes We Look for:
- Companies that are addressing growing, large markets
- Differentiated product allowing market disruption and leadership
- Strong, defendable competitive position
- Organic revenue growth substantially faster than the benchmark index
- Generally profitable and expanding margins even as they grow rapidly
- Proven management team that can articulate a clear growth strategy
Strong Sell Discipline
- If high growth thesis deteriorates, for any reason, we sell