Brown Capital Management Llc Buys AppFolio Inc, iRhythm Technologies Inc, Alarm.com Holdings Inc, Sells Ellie Mae Inc, Manhattan Associates Inc, ACI Worldwide Inc

• New Purchases: APPF, OMCL,
• Added Positions: IRTC, ALRM, QTWO, INGN, PRO, AYX, GWRE, CSII, ABMD, CMD, IRWD, NEOG, BOOM, GKOS, QDEL, CYBR, GWPH, PRLB, FAST, ABBV, FLT, DXCM, AVDL, SHOP, IPGP, BKNG, ADP, JKHY,
• Reduced Positions: MANH, VEEV, PAYC, ACIW, BLKB, MDSO, TECH, SSL, EGOV, BCPC, NTCT, ICLR, MELI, CHKP, QGEN, MASI, INCY, JCI, CCL, AMSWA, CRM, TJX, AAPL, TOL, TSCO, UAA, MA, JAZZ, ALGN, FB, ADBE, MMM, SCHW, DHR, DKS, ECL, EW, ELGX, FISV, GOOGL, JBHT, CELG, MMS, MSFT, MS, ORLY, ORCL, PHM, PWR, RHT,
• Sold Out: ELLI, CYCN, TEVA, KLAC, ULTI, GE,

For the details of BROWN CAPITAL MANAGEMENT LLC's stock buys and sells, go to https://www.gurufocus.com/guru/brown+capital+management+llc/current-portfolio/portfolioportfolio

1. Paycom Software Inc (PAYC) - 2,515,837 shares, 5.41% of the total portfolio. Shares reduced by 13.95%
2. Veeva Systems Inc (VEEV) - 3,490,348 shares, 5.37% of the total portfolio. Shares reduced by 15.84%
3. Cognex Corp (CGNX) - 9,476,806 shares, 4.31% of the total portfolio. Shares added by 0.12%
4. Manhattan Associates Inc (MANH) - 6,311,697 shares, 4.15% of the total portfolio. Shares reduced by 20.53%
5. Proto Labs Inc (PRLB) - 3,767,526 shares, 4.15% of the total portfolio. Shares added by 1.18%

Brown Capital Management Llc initiated holding in AppFolio Inc. The purchase prices were between $78.56 and $107.7, with an estimated average price of $94.43. The stock is now traded at around $96.42. The impact to a portfolio due to this purchase was 0.9%. The holding were 928,729 shares as of .

Brown Capital Management Llc initiated holding in Omnicell Inc. The purchase prices were between $71.38 and $92.21, with an estimated average price of $81.12. The stock is now traded at around $71.55. The impact to a portfolio due to this purchase was less than 0.01%. The holding were 4,897 shares as of .

Brown Capital Management Llc added to a holding in iRhythm Technologies Inc by 92.34%. The purchase prices were between $66.64 and $80.48, with an estimated average price of $72.7. The stock is now traded at around $80.81. The impact to a portfolio due to this purchase was 0.8%. The holding were 2,217,845 shares as of .

Brown Capital Management Llc added to a holding in Alarm.com Holdings Inc by 39.21%. The purchase prices were between $52.5 and $71.14, with an estimated average price of $61.75. The stock is now traded at around $46.75. The impact to a portfolio due to this purchase was 0.64%. The holding were 4,488,606 shares as of .

Brown Capital Management Llc added to a holding in Q2 Holdings Inc by 26.24%. The purchase prices were between $66.21 and $78.3, with an estimated average price of $72.27. The stock is now traded at around $89.69. The impact to a portfolio due to this purchase was 0.6%. The holding were 4,003,706 shares as of .

Brown Capital Management Llc added to a holding in Inogen Inc by 34.54%. The purchase prices were between $63.19 and $95.15, with an estimated average price of $76.02. The stock is now traded at around $45.96. The impact to a portfolio due to this purchase was 0.59%. The holding were 3,647,327 shares as of .

Brown Capital Management Llc added to a holding in Cardiovascular Systems Inc by 21.66%. The purchase prices were between $33.93 and $43.66, with an estimated average price of $38.75. The stock is now traded at around $47.58. The impact to a portfolio due to this purchase was 0.33%. The holding were 4,563,352 shares as of .

Brown Capital Management Llc added to a holding in CyberArk Software Ltd by 30.57%. The purchase prices were between $114.22 and $135.77, with an estimated average price of $126.53. The stock is now traded at around $120.24. The impact to a portfolio due to this purchase was 0.08%. The holding were 284,708 shares as of .

Brown Capital Management Llc sold out a holding in Ellie Mae Inc. The sale prices were between $98.79 and $98.99, with an estimated average price of $98.89.

Brown Capital Management Llc sold out a holding in Cyclerion Therapeutics Inc. The sale prices were between $9.6 and $22.85, with an estimated average price of $14.45.

Brown Capital Management Llc sold out a holding in Teva Pharmaceutical Industries Ltd. The sale prices were between $8.12 and $15.72, with an estimated average price of $12.08.

Brown Capital Management Llc sold out a holding in KLA Corp. The sale prices were between $101.78 and $128.47, with an estimated average price of $115.59.

Brown Capital Management Llc sold out a holding in The Ultimate Software Group Inc. The sale prices were between $329.94 and $331.36, with an estimated average price of $330.68.

Brown Capital Management Llc sold out a holding in General Electric Co. The sale prices were between $8.98 and $10.63, with an estimated average price of $9.86.