1y return+98.8%S&P 500 +20.9%
3y return+127.0%S&P 500 +68.5%
5y return+105.1%S&P 500 +74.5%
10y return+523.2%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $623 against $357 in the S&P 500.2
Needham Investment Management LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VICRVicor Corp | $199.0M | 6.0% | |
| AIPArteris Inc | $190.8M | 5.7% | |
| VSHVishay Intertechnology Inc | $163.3M | 4.9% | +4.0% |
| PDFSPdf Solutions Inc | $146.2M | 4.4% | +2.1% |
| LASRNlight Inc | $138.7M | 4.2% | +3.6% |
| VRTVertiv Holdings Co | $95.7M | 2.9% | |
| VPGVishay Precision Group Inc | $89.8M | 2.7% | −3.4% |
| FORMFormfactor Inc | $87.6M | 2.6% | −9.3% |
| CECOCeco Environmental Corp | $86.9M | 2.6% | +147.1% |
| ODCOil Dri Corp Amer | $70.1M | 2.1% | +1.3% |
| TDUPThredup Inc | $69.7M | 2.1% | +9.7% |
| LINCLincoln Edl Svcs Corp | $66.1M | 2.0% | +3.7% |
| VECOVeeco Instrs Inc Del | $64.1M | 1.9% | −3.9% |
| TTITetra Technologies Inc Del | $64.0M | 1.9% | +67.5% |
| SMCISuper Micro Computer Inc | $54.5M | 1.6% | +15.0% |
| ELMTElmet Group Co (the) | $52.1M | 1.6% | New |
| MKSIMks Inc. | $49.9M | 1.5% | −6.5% |
| UTIUniversal Technical Inst Inc | $48.3M | 1.5% | +9.7% |
| Nova LtdCUSIP M7516K103 | $48.1M | 1.4% | −3.8% |
| COHRCoherent Corp | $36.5M | 1.1% | −12.3% |
| KLACKla Corp | $30.9M | 0.9% | +900.0% |
| CRAICra Intl Inc | $30.7M | 0.9% | +53.9% |
| Genius Sports LimitedCUSIP G3934V109 | $29.8M | 0.9% | +23.1% |
| VSATViasat Inc | $29.7M | 0.9% | |
| PSNParsons Corp Del | $29.1M | 0.9% | +35.7% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| VRTVertiv Holdings Co | December 31, 2021 | +1240.9% | $95.7M |
| AIPArteris Inc | March 31, 2023 | +1048.7% | $190.8M |
| COHRCoherent Corp | September 30, 2022 | +1031.9% | $36.5M |
| Nova LtdCUSIP M7516K103 | June 30, 2020 | +1026.7% | $48.1M |
| ODCOil Dri Corp Amer | June 30, 2020 | +489.1% | $70.1M |
| VECOVeeco Instrs Inc Del | June 30, 2020 | +461.9% | $64.1M |
| FORMFormfactor Inc | June 30, 2020 | +445.3% | $87.6M |
| VICRVicor Corp | June 30, 2020 | +427.8% | $199.0M |
| ARLOArlo Technologies Inc | June 30, 2020 | +422.5% | $26.9M |
| CLHClean Harbors Inc | June 30, 2020 | +398.1% | $20.9M |
Sold off last quarter
- Thermon Group Hldgs IncCUSIP 88362T103 was $31.9M
- Honeywell Intl IncCUSIP 438516106 was $6.2M
- FIGRFigure Technology Solutio was $2.5M
- MXLMaxlinear Inc was $2.0M
- POWIPower Integrations Inc was $1.3M
- PENGPenguin Solutions Inc was $880K
- Dupont De Nemours IncCUSIP 26614N102 was $779K
- EXTRExtreme Networks Inc was $679K
- STRLSterling Infrastructure Inc was $611K
- CRCLCircle Internet Group Inc was $516K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +48.9% | +14.8% |
| March 31, 2026 | +15.4% | −4.6% |
| December 31, 2025 | +4.4% | +2.4% |
| September 30, 2025 | +10.8% | +7.8% |
| June 30, 2025 | +19.9% | +10.5% |
| March 31, 2025 | −12.3% | −4.6% |
| December 31, 2024 | −1.5% | +2.1% |
| September 30, 2024 | −2.3% | +5.4% |
| June 30, 2024 | −0.4% | +4.0% |
| March 31, 2024 | +8.2% | +10.0% |
| December 31, 2023 | +13.9% | +11.2% |
| September 30, 2023 | −8.0% | −3.6% |
| June 30, 2023 | +13.3% | +8.3% |
| March 31, 2023 | +7.8% | +7.0% |
| December 31, 2022 | +8.2% | +7.1% |
| September 30, 2022 | −4.8% | −5.3% |
| June 30, 2022 | −21.6% | −16.5% |
| March 31, 2022 | −13.1% | −4.9% |
| December 31, 2021 | +5.1% | +10.7% |
| September 30, 2021 | +0.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Needham Investment Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1167212&type=13F-HR&dateb=&owner=include&count=40CIK 1167212
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1167212/000091957426005153/Filed August 14, 2026 · accession 0000919574-26-005153