Needham Aggressive Growth Fund
Needham Funds Inc · 2 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Needham Aggressive Growth Fund is an actively managed U.S. equity fund. 32% of NEAGX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 87% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2026 Q1
The Needham Aggressive Growth Fund (the Aggressive Growth Fund) seeks long-term, tax-efficient capital appreciation.
The fund invests at least 65% of assets in U.S. equity securities, focusing on market leaders in industries with strong growth potential, particularly in technology, industrials, and healthcare; it may concentrate on smaller companies and is permitted to short securities. Because the fund's returns depend on the manager's selection of which growth-oriented securities to hold, performance will diverge from any benchmark. The fund employs tax-efficiency measures including specific identification of share lots and offsetting short-term gains against expenses, though extreme inflows and redemptions may temporarily override these practices.
| Share class | Gross | Net |
|---|---|---|
| NEAGX | 1.71% | 1.64% |
| NEAIX | 1.46% | 1.19% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 16.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 95.42% |
| Cash & short-term | 4.65% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 37.0% |
| Industrials | 29.1% |
| International | 8.1% |
| Consumer Discretionary | 7.9% |
| 10 smaller | 17.9% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +94.73% | +166.22% | +147.55% | 26.70% | -16.24% | |
| +95.56% | +169.92% | +154.42% | 26.70% | -16.00% |
These classes hold the same portfolio, so the 6.88pp spread over 5 years is the cost difference between them — roughly 1.38pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| VICR | Vicor CorpVICR | 6.94% | $379.78 | $181.16M | 477.0K |
| AIP | Arteris IncAIP | 5.91% | $48.59 | $154.27M | 3.2M |
| — | BNY Dreyfus Treasury Securitie | 4.65% | — | $121.38M | — |
| PDFS | PDF Solutions IncPDFS | 4.63% | $70.79 | $120.70M | 1.7M |
| VSH | Vishay Intertechnology IncVSH | 4.56% | $53.78 | $118.85M | 2.2M |
| LASR | nLight IncLASR | 4.54% | $69.62 | $118.35M | 1.7M |
| VRT | Vertiv Holdings CoVRT | 3.35% | $334.82 | $87.30M | 260.8K |
| VPG | Vishay Precision Group IncVPG | 3.33% | $149.91 | $86.80M | 579.0K |
| CECO | CECO Environmental CorpCECO | 3.19% | $90.74 | $83.25M | 917.5K |
| ODC | Oil-Dri Corp of AmericaODC | 2.69% | $102.21 | $70.12M | 686.0K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 43.78% of net assets, top 25 67.98%, across 113 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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