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Brown Capital Management, LLC
Eddie C. Brown · Asset Manager · Growth
Brown Capital Management, LLC is a Baltimore-based independent investment management firm founded in 1983 by Eddie C. Brown. Recognized as one of the oldest African-American-founded asset management firms in the United States, the company is 100% employee-owned through an Employee Stock Ownership Plan. The firm specializes in growth equity investing, primarily focusing on what it identifies as "Exceptional Growth Companies" (EGCs). These are businesses that offer essential products or services, possess durable competitive advantages, and demonstrate the potential for sustained long-term expansion. Brown Capital is well-known for its flagship Small Company strategy and its disciplined, research-driven process that emphasizes patience and conviction. By maintaining a benchmark-agnostic approach, the firm manages a variety of mutual funds and separately managed accounts for institutional and individual clients. The organization is deeply committed to diversity and long-term capital appreciation, aiming to hold investments for years or decades to fully capture the compounding effects of growth.
Simulated Performance
| Metric | Value |
|---|---|
| Total return | +1.4% |
| YTD return | +0.1% |
| Sharpe ratio | -0.33 |
| Win rate | 42% |
| AUM | $0.5B |
| Inception | Oct 1, 2025 |
| Updated | Sep 21, 2026 |
Institution Status
| Field | Value |
|---|---|
| AUM | $0.5B |
| Turnover | Low (<15%) |
| Avg holding | 18 Months |
| Inception | Oct 1, 2025 |
| Website | https://www.browncapital.com |
Current Holdings
Updated on Sep 21, 2026.
| Ticker | Name | Portfolio % | Return |
|---|---|---|---|
| GKOS | Glaukos Corp | 6.7% | +54.8% |
| VEEV | Veeva Systems Inc Class A | 6.2% | +7.3% |
| GWRE | Guidewire Software Inc | 6.1% | -5.7% |
| GLBE | Global-E Online Ltd | 6.0% | +15.0% |
| HMNTY | Hemnet Group AB (publ) | 6.0% | 0.0% |
| MANH | Manhattan Associates Inc | 5.8% | +10.6% |
| RGEN | Repligen Corporation | 5.5% | +22.8% |
| XMTR | Xometry Inc | 5.5% | +65.7% |
| CAMT | Camtek Ltd | 5.4% | +9.5% |
| DDOG | Datadog Inc | 5.2% | +37.6% |
| NYAX | Nayax Ltd | 5.2% | -35.7% |
| APPF | Appfolio Inc | 5.2% | +11.4% |
| CGNX | Cognex Corporation | 4.7% | +23.5% |
| WSE | Wise Group plc Class A Ordinary Shares | 4.6% | -6.8% |
| VCEL | Vericel Corp Ord | 4.6% | +11.9% |
| STSEY | Stratec SE | 3.6% | +0.0% |
| AGYS | Agilysys Inc | 3.5% | -11.8% |
| UFPT | UFP Technologies Inc | 3.4% | -10.2% |
| EVO | Evotec SE ADR | 3.3% | -18.3% |
| QTWO | Q2 Holdings | 3.2% | -10.7% |
Recent activity
| Date | Action | Ticker | Weight |
|---|---|---|---|
| Sep 21, 2026 | BUY | STSEY | 3.6% → 3.6% |
| Sep 21, 2026 | BUY | NYAX | 5.2% → 5.2% |
| Sep 21, 2026 | BUY | QTWO | 3.2% → 3.2% |
| Sep 21, 2026 | BUY | MANH | 5.8% → 5.8% |
| Sep 21, 2026 | BUY | VCEL | 4.6% → 4.6% |
Investment Style Analysis
Brown Capital Management, LLC is widely recognized for employing a Growth strategy. As of Sep 21, 2026, the firm oversees approximately $0.5B in assets under management (AUM). The portfolio demonstrates a clear preference for the Software - Application and Medical Devices sectors, reflecting a high-conviction approach to capital allocation.
Recent Market Moves
During the latest rebalancing period ending Sep 21, Brown Capital Management, LLC made a significant move by increasing exposure to STSEY. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.
Investment Philosophy
Brown Capital Management’s investment philosophy centers on identifying "Exceptional Growth Companies" (EGCs)—firms with sustainable business models and products that are indispensable to their customers. The institution employs a long-term, bottom-up fundamental research process that ignores traditional benchmarks to focus on companies with the potential to grow multiple times in size. A hallmark of their strategy is the "patience and tolerance" to hold positions through short-term market fluctuations, allowing high-quality growth businesses to transform revenue gains into long-term earnings. This high-conviction approach typically results in concentrated portfolios of small, mid, and international companies chosen for their individual growth trajectories rather than index composition.
Disclaimer
The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Brown Capital Management, LLC.
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Frequently asked questions
How is the simulated portfolio for Brown Capital Management, LLC constructed?
This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.
What is Brown Capital Management, LLC's largest holding?
As of the latest filing, Brown Capital Management, LLC's top position is Glaukos Corp (GKOS), representing 6.7% of the portfolio. This reflects a high-conviction bet by the institution.
What is Brown Capital Management, LLC's historical performance and risk profile?
Our simulation indicates a total return of +1.4% with a win rate of 42%. Notably, the portfolio maintains a Sharpe Ratio of -0.33, suggesting an standard level of risk-adjusted returns compared to the broader market.
What sectors does Brown Capital Management, LLC primarily invest in?
Brown Capital Management, LLC has a strong preference for the Software - Application sector, which makes up 29.0% of their disclosed assets. The portfolio also has exposure to Medical Devices, indicating a specific thematic focus.
Is Brown Capital Management, LLC's portfolio concentrated or diversified?
Brown Capital Management, LLC runs a moderately concentrated portfolio with 20 disclosed positions. The top 3 holdings alone account for 19.1% of the total portfolio weight, suggesting a strategy that favors broader market exposure.
How has Brown Capital Management, LLC performed in 2026?
Our AI-simulated model portfolio for Brown Capital Management, LLC tracks a Year-to-Date (YTD) return of +0.1%. This metric helps investors gauge the institution's effectiveness in the current market environment.
Does Eddie C. Brown manage Brown Capital Management, LLC directly?
Yes, Eddie C. Brown serves as the key portfolio manager for Brown Capital Management, LLC, overseeing the investment strategy and final capital allocation decisions.