Q2 2026 13F · SEC CIK 885062

Brown Capital Management LLC

Mutual fund managerFiled 2026-07-27 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $500.2M
Reported positions: 54
Top holdings a year, 3 yrs: +12.0%
Assets under management: $4.5B

Brown Capital Management LLC is a mutual fund manager that reported 54 positions worth $500.2M in its Q2 2026 13F, filed 2026-07-27. Its largest holdings were Camtek Ltd (CAMT, 5.8%), Cognex Corp (CGNX, 5.1%), Datadog Inc (DDOG, 5.1%). 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 54 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 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	Q1 2026	Shares	Share change	Reported value
CAMTCamtek Ltd	5.8%	13.4%	178,944	-71.1%	$29.2M
CGNXCognex Corp	5.1%	2.9%	351,942	-15.1%	$25.5M
DDOGDatadog Inc	5.1%	3.0%	97,832	-44.6%	$25.5M
XMTRXometry Inc	5.0%	2.4%	259,008	-38.5%	$25.0M
GLBEGlobal E Online Ltd	4.8%	6.1%	685,480	-51.0%	$23.8M
GKOSGlaukos Corp	4.7%	3.5%	167,920	-27.0%	$23.5M
VCELVericel Corp	4.5%	2.7%	504,049	-14.9%	$22.4M
RGENRepligen Corp	3.8%	2.8%	140,899	-17.1%	$19.2M
VEEVVeeva Sys Inc	3.5%	2.9%	99,469	-13.5%	$17.7M
CLBTCellebrite Di Ltd	3.3%	5.3%	1,140,261	-57.8%	$16.6M
GWREGuidewire Software Inc	3.3%	2.8%	133,623	+2.0%	$16.4M
MANHManhattan Associates Inc	3.2%	2.5%	116,118	-13.4%	$16.2M
APPFAppfolio Inc	3.2%	2.4%	99,549	-7.9%	$16.0M
TECHBio-Techne Corp	2.8%	2.3%	197,665	-36.1%	$14.0M
AGYSAgilysys Inc	2.8%	1.6%	132,299	-13.8%	$13.8M
UFPTUfp Technologies Inc	2.7%	1.6%	50,689	-13.8%	$13.4M
TYLTyler Technologies Inc	2.2%	2.6%	38,028	-28.1%	$11.1M
CYRXCryoport Inc	2.1%	0.9%	670,057	-14.2%	$10.5M
QTWOQ2 Holdings, Inc.	2.1%	1.7%	218,489	-13.5%	$10.5M
AXGNAxogen Inc	2.1%	1.2%	225,207	-13.2%	$10.4M
BMIBadger Meter Inc	1.8%	1.6%	62,218	-13.7%	$9.2M
RDVTRed Violet Inc	1.5%	0.7%	116,602	-14.0%	$7.4M
CORTCorcept Therapeutics Inc Com	1.5%	0.5%	84,041	-10.3%	$7.3M
PDFSPdf Solutions Inc	1.4%	0.5%	102,231	-2.0%	$7.2M
LOARLoar Holdings Inc	1.4%	0.6%	84,816	+14.3%	$6.8M
PAYCPaycom Software Inc.	1.4%	1.8%	53,823	-48.5%	$6.8M
WKWorkiva, Inc.	1.2%	1.3%	128,497	-13.8%	$6.2M
NCNONcino Inc	1.2%	1.1%	370,368	-30.1%	$6.1M
TMDXTransmedics Group Inc	1.2%	1.4%	89,828	-8.3%	$6.0M
MAMAMamas Creations Inc	1.2%	0.8%	328,395	-9.1%	$5.9M
VCYTVeracyte Inc	1.1%	0.5%	96,023	-10.9%	$5.6M
ALRMAlarm.com Holdings Inc.	1.1%	2.2%	120,604	-66.4%	$5.6M
VERXVertex Inc	0.9%	0.7%	373,824	-14.0%	$4.3M
CRDOCredo Technology Group Holdi	0.9%	—	15,703	—	$4.3M
WRBYWarby Parker Inc Class A	0.8%	—	139,589	—	$4.2M
PKEPark Aerospace Corp	0.8%	—	108,882	—	$4.2M
KRYSKrystal Biotech Inc	0.8%	0.3%	10,968	+18.6%	$4.1M
XPELXpel Inc	0.8%	0.3%	79,064	+53.2%	$3.9M
DUOLDuolingo Inc	0.7%	0.5%	30,304	-14.2%	$3.5M
SITMSitime Corp	0.7%	—	4,614	—	$3.4M
KRMNKarman Hldgs Inc	0.6%	—	62,678	—	$3.1M
KIDSOrthopediatrics Corp	0.6%	0.7%	153,314	-50.6%	$2.9M
AMSCAmerican Superconductor Corp	0.6%	—	68,156	—	$2.8M
FIGRFigure Technology Solutio	0.6%	—	91,344	—	$2.8M
ERIIEnergy Recovery Inc	0.5%	0.8%	282,866	-47.4%	$2.6M
INTAIntapp Inc	0.5%	0.4%	98,603	-13.1%	$2.5M
HTFLHeartflow Inc	0.5%	—	82,091	—	$2.4M
AVPTAvepoint Inc	0.5%	—	206,292	—	$2.3M
SPSCSps Comm Inc	0.4%	0.6%	38,208	-47.2%	$2.2M
INSPInspire Med Sys Inc	0.4%	0.6%	43,951	-47.9%	$2.0M

What Brown Capital Management LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 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 and rebuilt each quarter on the day the filing became public. 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
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
Q3 2023	$6.5B	126

Questions about Brown Capital Management LLC's portfolio

What stocks does Brown Capital Management LLC own?

Brown Capital Management LLC's latest 13F, for Q2 2026 and filed Jul 27, 2026, lists 54 positions worth $500.2M. The largest are Camtek Ltd (CAMT) at 5.8%, Cognex Corp (CGNX) at 5.1%, Datadog Inc (DDOG) at 5.1%, Xometry Inc (XMTR) at 5.0% and Global E Online Ltd (GLBE) at 4.8%.

What did Brown Capital Management LLC buy last quarter?

In Q2 2026, Brown Capital Management LLC added Xpel Inc (XPEL) (+53.2% shares), Krystal Biotech Inc (KRYS) (+18.6% shares) and Loar Holdings Inc (LOAR) (+14.3% shares), compared with its Q1 2026 filing.

What did Brown Capital Management LLC sell last quarter?

In Q2 2026, Brown Capital Management LLC cut from its top 50 Mercadolibre Inc (MELI), cut from its top 50 Shopify Inc (SHOP), cut from its top 50 Icon PLC (ICLR), cut from its top 50 Clearwater Analytics Hldgs I (CWAN), cut from its top 50 Flutter Entmt PLC (FLUT), Camtek Ltd (CAMT) (-71.1% shares), Alarm.com Holdings Inc. (ALRM) (-66.4% shares) and Cellebrite Di Ltd (CLBT) (-57.8% shares), compared with its Q1 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 Sep 30, 2026 is due by Nov 14, 2026; 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 $500.2M.