Q3 2026 13F · SEC CIK 885062

Brown Capital Management LLC

Mutual fund managerFiled 2026-10-27 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $526.9M
Reported positions: 55
Top holdings a year, 3 yrs: +12.0%
Assets under management: $4.5B

Brown Capital Management LLC is a mutual fund manager that reported 55 positions worth $526.9M in its Q3 2026 13F, filed 2026-10-27. Its largest holdings were Camtek Ltd (CAMT, 6.3%), Global E Online Ltd (GLBE, 5.7%), Datadog Inc (DDOG, 4.9%). A portfolio copying its top holdings returned 12.0% a year over the last 3 years, against 20.4% for the S&P 500.

Brown Capital Management LLC holdings largest 50 of 55 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Brown Capital Management LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
CAMTCamtek Ltd	6.3%	5.8%	212,628	+18.8%	$33.0M
GLBEGlobal E Online Ltd	5.7%	4.8%	755,499	+10.2%	$30.0M
DDOGDatadog Inc	4.9%	5.1%	94,375	-3.5%	$25.8M
VEEVVeeva Sys Inc	4.9%	3.5%	89,559	-10.0%	$25.6M
XMTRXometry, Inc.	4.8%	5.0%	247,087	-4.6%	$25.4M
GKOSGlaukos Corp	4.7%	4.7%	151,705	-9.7%	$24.9M
MANHManhattan Associates Inc	4.0%	3.2%	104,989	-9.6%	$20.9M
APPFAppfolio Inc	3.8%	3.2%	99,549	+0.0%	$20.0M
CGNXCognex Corp	3.7%	5.1%	318,544	-9.5%	$19.3M
GWREGuidewire Software Inc	3.6%	3.3%	133,623	+0.0%	$19.1M
RGENRepligen Corp	3.1%	3.8%	84,554	-40.0%	$16.3M
TECHBio-Techne Corp	2.7%	2.8%	197,665	+0.0%	$14.3M
VCELVericel Corp	2.6%	4.5%	341,113	-32.3%	$13.7M
UFPTUFP Technologies Inc	2.5%	2.7%	44,374	-12.5%	$13.2M
CLBTCellebrite Di Ltd	2.3%	3.3%	1,098,160	-3.7%	$12.4M
TYLTyler Technologies Inc	2.3%	2.2%	38,028	+0.0%	$12.1M
AGYSAgilysys Inc	2.3%	2.8%	122,751	-7.2%	$11.9M
PAYCPaycom Software Inc	2.2%	1.4%	53,823	+0.0%	$11.7M
QTWOQ2 Hldgs Inc	2.1%	2.1%	195,509	-10.5%	$10.8M
CYRXCryoport Inc	2.0%	2.1%	601,919	-10.2%	$10.5M
CORTCorcept Therapeutics Inc	1.8%	1.5%	84,041	+0.0%	$9.7M
RDVTRed Violet Inc	1.7%	1.5%	116,072	-0.5%	$9.2M
WKWorkiva Inc	1.6%	1.2%	128,497	+0.0%	$8.6M
AXGNAxogen Inc	1.6%	2.1%	196,339	-12.8%	$8.2M
CRDOCredo Technology Group Holdi	1.5%	0.9%	40,492	+157.9%	$7.9M
PDFSPDF Solutions Inc	1.5%	1.4%	154,211	+50.8%	$7.9M
TMDXTransmedics Group Inc	1.4%	1.2%	89,828	+0.0%	$7.5M
SITMSitime Corp	1.4%	0.7%	11,037	+139.2%	$7.2M
AMSCAmerican Superconductor Corp	1.3%	0.6%	239,521	+251.4%	$7.0M
PKEPark Aerospace Corp	1.2%	0.8%	221,513	+103.4%	$6.6M
LOARLoar Holdings Inc	1.2%	1.4%	105,426	+24.3%	$6.5M
XPELXpel Inc	1.2%	0.8%	138,837	+75.6%	$6.1M
WRBYWarby Parker Inc	1.1%	0.8%	209,509	+50.1%	$5.8M
NCNONcino Inc	1.1%	1.2%	310,040	-16.3%	$5.6M
KRYSKrystal Biotech Inc	1.0%	0.8%	16,079	+46.6%	$5.3M
HTFLHeartflow Inc	1.0%	0.5%	101,190	+23.3%	$5.0M
FIGRFigure Technology Solutio	0.9%	0.6%	164,170	+79.7%	$4.7M
VCYTVeracyte Inc	0.8%	1.1%	96,023	+0.0%	$4.4M
MAMAMama Mancinis Holdings Inc	0.8%	1.2%	328,395	+0.0%	$4.2M
BMIBadger Meter Inc	0.7%	1.8%	31,185	-49.9%	$3.9M
INTAIntapp Inc	0.7%	0.5%	98,603	+0.0%	$3.6M
LASRNlight Inc	0.6%	—	80,180	—	$3.1M
KRMNKarman Hldgs Inc	0.6%	0.6%	94,176	+50.3%	$3.1M
AVPTAvepoint Inc	0.6%	0.5%	206,292	+0.0%	$2.9M
KIDSOrthopediatrics Corp	0.4%	0.6%	89,203	-41.8%	$2.0M
SPSCSps Comm Inc	0.4%	0.4%	22,783	-40.4%	$1.9M
INSPInspire Med Sys Inc	0.3%	0.4%	25,094	-42.9%	$1.7M
DUOLDuolingo Inc	0.3%	0.7%	11,603	-61.7%	$1.7M
VERXVertex Inc	0.3%	0.9%	124,022	-66.8%	$1.5M
AORTArtivion Inc	0.2%	—	51,908	—	$1.2M

What Brown Capital Management LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.6% /yr; S&P 500 +20.1%
3 years: +12.0% /yr; S&P 500 +20.4%
5 years: +1.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$526.9M	55
Q2 2026	$500.2M	54
Q1 2026	$704.0M	56
Q4 2025	$1.2B	55
Q3 2025	$2.4B	54
Q2 2025	$3.4B	83
Q1 2025	$3.3B	105
Q4 2024	$4.3B	118
Q3 2024	$4.6B	133
Q2 2024	$4.9B	130
Q1 2024	$5.7B	133
Q4 2023	$6.7B	128

Questions about Brown Capital Management LLC's portfolio

What stocks does Brown Capital Management LLC own?

Brown Capital Management LLC's latest 13F, for Q3 2026 and filed Oct 27, 2026, lists 55 positions worth $526.9M. The largest are Camtek Ltd (CAMT) at 6.3%, Global E Online Ltd (GLBE) at 5.7%, Datadog Inc (DDOG) at 4.9%, Veeva Sys Inc (VEEV) at 4.9% and Xometry, Inc. (XMTR) at 4.8%.

What did Brown Capital Management LLC buy last quarter?

In Q3 2026, Brown Capital Management LLC added American Superconductor Corp (AMSC) (+251.4% shares), Credo Technology Group Holdi (CRDO) (+157.9% shares) and Sitime Corp (SITM) (+139.2% shares), compared with its Q2 2026 filing.

What did Brown Capital Management LLC sell last quarter?

In Q3 2026, Brown Capital Management LLC cut from its top 50 Alarm Com Hldgs Inc (ALRM), cut from its top 50 Energy Recovery Inc (ERII), Vertex Inc (VERX) (-66.8% shares), Duolingo Inc (DUOL) (-61.7% shares) and Badger Meter Inc (BMI) (-49.9% shares), compared with its Q2 2026 filing.

How has Brown Capital Management LLC's portfolio performed?

A portfolio copying Brown Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.6% against +20.1%. Over 5 years: +1.8% a year against +11.6%.

When is Brown Capital Management LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Brown Capital Management LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Brown Capital Management LLC manage?

Brown Capital Management LLC reported $4.5B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $526.9M.