Needham Aggressive Growth Fund
NEAIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 250 Park Avenue New York NY United States of America 10177
- IPO Date
- Dec 30, 2016
- CIK
- 0001002537
- Website
- needhamfunds.com
- Similar Companies
- Business
- Needham Aggressive Growth Fund (NEAIX) is a small-cap growth mutual fund that seeks long-term, tax-efficient capital appreciation by investing principally in equity securities of domestic issuers listed on nationally recognized securities exchanges. Under normal conditions, the fund invests at least 65% of its total assets in common stocks of companies with strong growth potential, employing a three-phase "Hidden to Quality Compounders" strategy that identifies small-cap hidden compounders with legacy businesses investing in high-growth products or services, builds positions during their transition to operational excellence, and holds through their quality compounding phase as new offerings achieve market adoption. The fund targets market leaders in emerging growth areas across sectors including information technology (41.2%), industrials (28.7%), and consumer discretionary (13.7%), with top holdings such as ThredUp Inc., Super Micro Computer Inc., FARO Technologies Inc., Vertiv Holdings Co., and Oil-Dri Corp. of America; it is benchmarked against the Russell 2000 Growth Index and managed by John Barr since 2010. The Institutional Class (NEAIX), with a net expense ratio of 1.20% and $100,000 minimum initial investment, was incepted on December 30, 2016, while the Retail Class (NEAGX) launched on September 4, 2001 with a 1.60% net expense ratio and $2,000 minimum; the fund is part of Needham Funds, offered by Needham Asset Management LLC, which was founded in 1992 and is headquartered at 250 Park Avenue, 10th Floor, New York, NY 10177. In recent developments, the fund received the 2024 LSEG Lipper Fund Award for Best Small-Cap Growth Fund over five years ended November 30, 2023, outperforming 162 peers, reflecting its consistent risk-adjusted returns; portfolio holdings saw notable activity, including the December 2023 announced acquisition of Alteryx (AYX) by Clearlake Capital Group and Insight Partners, and in second-quarter 2025, new investments in Select Water Solutions Inc. (WTTR) and Sportradar Group AG among others, while maintaining a low 1.0% cash position as of June 30, 2025.