# EDGAR Filing Document

**Accession Number:** 0001002537
**File Stem:** 0000894189-26-003709
**Filing Date:** 2026-2
**Character Count:** 37734
**Document Hash:** 72993f3df81cc799922cf2b3419d4b97
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-003709.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0000894189-26-003709

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEEDHAM FUNDS INC
- **CENTRAL INDEX KEY:** 0001002537

**ORGANIZATION NAME:**
- **EIN:** 133865553
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09114
- **FILM NUMBER:** 26632207

**BUSINESS ADDRESS:**
- **STREET 1:** 250 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10177
- **BUSINESS PHONE:** 2123718300

**MAIL ADDRESS:**
- **STREET 1:** 250 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10177

## Series and Classes Contracts Data

### Needham Aggressive Growth Fund (Series ID: S000003815)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000010644 | Retail Class        | NEAGX           |
| C000176576 | Institutional Class | NEAIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Needham Funds Inc

- **b. Investment Company Act file number:** 811-09114

- **c. CIK number of Registrant:** 0001002537

- **d. LEI of Registrant:** 549300I20FS2UEMBPJ54

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 250 Park Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10177

  - **Telephone number:** 800-625-7071

**Item A.2. Information about the Series.**

- **a. Name of Series:** Needham Aggressive Growth Fund

- **b. EDGAR series identifier (if any):** S000003815

- **c. LEI of Series:** 549300BQ1XTH5R34Z698

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1225585985.09

**Total Liabilities:** $1596852.66

**Net Assets:** $1223989132.43

**Cash Not Reported:** $957.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010644 | 6.25%                | -6.12%               | 3.36%                |
| Class ID C000176576 | 6.29%                | -6.08%               | 3.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-358882.80              | $70712318.02                               |
| Month 2  | $-1199583.57             | $-71941046.88                              |
| Month 3  | $3638284.61              | $35535140.30                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Aptitude Software Group PLC    | Aptitude Software Group PLC                 | CUSIP: 00BJV2F80<br>LEI: 2138009VHA1WI2VKMA28 | Long             | EC               | CORP              | GB        |     30000 | NS      | $118888.75    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group Inc        | MDU Resources Group Inc                     | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    497000 | NS      | $9701440.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc                        | MKS Inc                                     | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     48250 | NS      | $7710350.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                  | MYR Group Inc                               | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |     38600 | NS      | $8434100.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co        | Modine Manufacturing Co                     | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     25000 | NS      | $3337750.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co                     | Tennant Co                                  | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |     67500 | NS      | $4974750.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The             | Trade Desk Inc/The                          | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     17000 | NS      | $645320.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp                 | Astronics Corp                              | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |    272500 | NS      | $14780400.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Farms Inc                | Vital Farms Inc                             | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |    685000 | NS      | $21878900.00  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Figure Technology Solutions In | Figure Technology Solutions Inc             | CUSIP: 349381103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59245 | NS      | $2419565.80   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| KVH Industries Inc             | KVH Industries Inc                          | CUSIP: 482738101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    300000 | NS      | $2091000.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Research Solutions Inc/CA      | Research Solutions Inc/CA                   | CUSIP: 761025105<br>LEI: 549300TYWPCKGK141Q94 | Long             | EC               | CORP              | US        |   3145000 | NS      | $9246300.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc       | Super Micro Computer Inc                    | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |    810000 | NS      | $23708700.00  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                   | Teradyne Inc                                | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |     20000 | NS      | $3871200.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumin Holdings Inc           | Illumin Holdings Inc                        | CUSIP: 45232V106<br>LEI: 52990074I5Q8ZO4WN656 | Long             | EC               | CORP              | CA        |    150000 | NS      | $113657.06    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hinge Health Inc               | Hinge Health Inc                            | CUSIP: 433313103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22500 | NS      | $1045125.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Technologies Internat | Northern Technologies International Corp    | CUSIP: 665809109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    713257 | NS      | $5584802.31   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc          | Quest Diagnostics Inc                       | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      3000 | NS      | $520590.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith-Midland Corp             | Smith-Midland Corp                          | CUSIP: 832156103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    225000 | NS      | $8176500.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Unisys Corp                    | Unisys Corp                                 | CUSIP: 909214306<br>LEI: 549300T21W22FIJJOW08 | Long             | EC               | CORP              | US        |   4070600 | NS      | $11234856.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Technical Institute  | Universal Technical Institute Inc           | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |    807500 | NS      | $21099975.00  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Arteris Inc                    | Arteris Inc                                 | CUSIP: 04302A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2761500 | NS      | $42803250.00  | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Aerogels Inc             | Aspen Aerogels Inc                          | CUSIP: 04523Y105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2700000 | NS      | $7641000.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanta Braves Holdings Inc    | Atlanta Braves Holdings Inc                 | CUSIP: 047726302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70000 | NS      | $2761500.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp        | CECO Environmental Corp                     | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |    292500 | NS      | $17506125.00  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CryoPort Inc                   | CryoPort Inc                                | CUSIP: 229050307<br>LEI: 9845004D8538BT8JF626 | Long             | EC               | CORP              | US        |     29500 | NS      | $283200.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecovyst Inc                    | Ecovyst Inc                                 | CUSIP: 27923Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1020000 | NS      | $9924600.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Everus Construction Group Inc  | Everus Construction Group Inc               | CUSIP: 300426103<br>LEI: 2549006JMMHR0KILT425 | Long             | EC               | CORP              | US        |    114000 | NS      | $9753840.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc           | Generac Holdings Inc                        | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |     17500 | NS      | $2386475.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Educational Services C | Lincoln Educational Services Corp           | CUSIP: 533535100<br>LEI: 549300BJ55KUY6RG7L98 | Long             | EC               | CORP              | US        |   1125000 | NS      | $27168750.00  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Luna Innovations Inc           | Luna Innovations Inc                        | CUSIP: 550351100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1000000 | NS      | $1150000.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc               | Markel Group Inc                            | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |      4675 | NS      | $10049613.75  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Precision Group Inc     | Vishay Precision Group Inc                  | CUSIP: 92835K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    582500 | NS      | $22426250.00  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Camtek Ltd/Israel              | Camtek Ltd/Israel                           | CUSIP: M20791105<br>LEI: 5493000H80W07HCKGS43 | Long             | EC               | CORP              | IL        |     60500 | NS      | $6433872.50   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTRAN Holdings Inc            | ADTRAN Holdings Inc                         | CUSIP: 00486H105<br>LEI: 549300VV36J86CRRWF77 | Long             | EC               | CORP              | US        |    210000 | NS      | $1824900.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Pro Tech Ltd             | Alpha Pro Tech Ltd                          | CUSIP: 020772109<br>LEI: 529900Z93O5JUM52Q856 | Long             | EC               | CORP              | CA        |    642500 | NS      | $2852700.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Arlo Technologies Inc          | Arlo Technologies Inc                       | CUSIP: 04206A101<br>LEI: 549300T4EUX2OQ75HV52 | Long             | EC               | CORP              | US        |   1475000 | NS      | $20635250.00  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Bentley Systems Inc            | Bentley Systems Inc                         | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |    100000 | NS      | $3816500.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                   | Carter's Inc                                | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |     67500 | NS      | $2189025.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Centuri Holdings Inc           | Centuri Holdings Inc                        | CUSIP: 155923105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    622500 | NS      | $15718125.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Comtech Telecommunications Cor | Comtech Telecommunications Corp             | CUSIP: 205826209<br>LEI: 529900FTEZ8MGM0Y8F73 | Long             | EC               | CORP              | US        |   1019500 | NS      | $5393155.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Molding Technologies Inc  | Core Molding Technologies Inc               | CUSIP: 218683100<br>LEI: 549300ZY2MFRXCKVIJ28 | Long             | EC               | CORP              | US        |    205000 | NS      | $4110250.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Educational Development Corp   | Educational Development Corp                | CUSIP: 281479105<br>LEI: 254900CR48GDX3OIGC82 | Long             | EC               | CORP              | US        |    800000 | NS      | $1056000.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                   | Entegris Inc                                | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |     52400 | NS      | $4414700.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolv Technologies Holdings In | Evolv Technologies Holdings Inc             | CUSIP: 30049H102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    550000 | NS      | $3938000.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc           | Labcorp Holdings Inc                        | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12300 | NS      | $3085824.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LeMaitre Vascular Inc          | LeMaitre Vascular Inc                       | CUSIP: 525558201<br>LEI: 549300FZUBUB7MHY8R17 | Long             | EC               | CORP              | US        |     40000 | NS      | $3244000.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Matrix Service Co              | Matrix Service Co                           | CUSIP: 576853105<br>LEI: 529900VYBKSX6HD2YW58 | Long             | EC               | CORP              | US        |   1435000 | NS      | $16789500.00  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| 908 Devices Inc                | 908 Devices Inc                             | CUSIP: 65443P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    500000 | NS      | $2625000.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions Inc     | Select Water Solutions Inc                  | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |    775000 | NS      | $8153000.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA Technologies Inc         | TETRA Technologies Inc                      | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |   2375000 | NS      | $22253750.00  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co             | Vertiv Holdings Co                          | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    260750 | NS      | $42244107.50  | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicor Corp                     | Vicor Corp                                  | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Long             | EC               | CORP              | US        |    491250 | NS      | $53841000.00  | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology Inc     | Vishay Intertechnology Inc                  | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |   1700000 | NS      | $24633000.00  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technol | Westinghouse Air Brake Technologies Corp    | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |      2750 | NS      | $586987.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WaterBridge Infrastructure LLC | WaterBridge Infrastructure LLC              | CUSIP: 940923105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110000 | NS      | $2201100.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Wealthfront Corp               | Wealthfront Corp                            | CUSIP: 947002101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $67950.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Elsight Ltd                    | Elsight Ltd                                 | CUSIP: 00BD36ZB1<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   1850000 | NS      | $3802570.64   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Thinkific Labs Inc             | Thinkific Labs Inc                          | CUSIP: 884121302<br>LEI: 549300ZDV691W5HGP697 | Long             | EC               | CORP              | CA        |   3450000 | NS      | $4876325.09   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| DroneShield Ltd                | DroneShield Ltd                             | CUSIP: 00BYV1JW4<br>LEI: 5299002AW8NA4BW6MU87 | Long             | EC               | CORP              | AU        |   1230000 | NS      | $2528195.61   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                        | CRH PLC                                     | CUSIP: G25508105<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |     35000 | NS      | $4368000.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric PLC             | nVent Electric PLC                          | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    107500 | NS      | $10961775.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                | ASML Holding NV                             | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      3000 | NS      | $3209580.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies Inc        | Akamai Technologies Inc                     | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |    122500 | NS      | $10688125.00  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Bright Horizons Family Solutio | Bright Horizons Family Solutions Inc        | CUSIP: 109194100<br>LEI: 2549009BKSVTM7UEYT38 | Long             | EC               | CORP              | US        |    117500 | NS      | $11914500.00  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                     | CarMax Inc                                  | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67500 | NS      | $2608200.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc      | Circle Internet Group Inc                   | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |      5412 | NS      | $429171.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                    | Equinix Inc                                 | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     10750 | NS      | $8236220.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc   | Life Time Group Holdings Inc                | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    115000 | NS      | $3056700.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc     | Thermon Group Holdings Inc                  | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |    620000 | NS      | $23039200.00  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcat Inc                   | Transcat Inc                                | CUSIP: 893529107<br>LEI: 54930081E40TSSHUOS40 | Long             | EC               | CORP              | US        |     59500 | NS      | $3375435.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeco Instruments Inc          | Veeco Instruments Inc                       | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |    465000 | NS      | $13289700.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Precision Optics Corp Inc/Mass | Precision Optics Corp Inc/Mass              | CUSIP: 740294400<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    720000 | NS      | $3013200.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ThredUp Inc                    | ThredUp Inc                                 | CUSIP: 88556E102<br>LEI: 549300JKGKTKX3L3XK25 | Long             | EC               | CORP              | US        |   6075000 | NS      | $38819250.00  | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Somero Enterprises Inc         | Somero Enterprises Inc                      | CUSIP: 00B1GCQ97<br>LEI: 549300OQ2P18NRWBIW58 | Long             | EC               | CORP              | US        |    718000 | NS      | $2129214.01   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Next Vision Stabilized Systems | Next Vision Stabilized Systems Ltd          | CUSIP: 00BN6JDH9<br>LEI: 2549001OCAI48UYCZD40 | Long             | EC               | CORP              | IL        |     62500 | NS      | $4119498.83   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| nLight Inc                     | nLight Inc                                  | CUSIP: 65487K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1595000 | NS      | $59828450.00  | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                   | Parsons Corp                                | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |    172500 | NS      | $10660500.00  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Hammond Power Solutions Inc    | Hammond Power Solutions Inc                 | CUSIP: 408549103<br>LEI: 549300OLI26OOKEG5V73 | Long             | EC               | CORP              | CA        |    226000 | NS      | $26259502.39  | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries  | Huntington Ingalls Industries Inc           | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |     40500 | NS      | $13772835.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc           | Jacobs Solutions Inc                        | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |     52500 | NS      | $6954150.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil-Dri Corp of America        | Oil-Dri Corp of America                     | CUSIP: 677864100<br>LEI: 549300RSG5KPUH16WH66 | Long             | EC               | CORP              | US        |    635000 | NS      | $31076900.00  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                    | SiTime Corp                                 | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9000 | NS      | $3178710.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials In | Solstice Advanced Materials Inc             | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |    130000 | NS      | $6315400.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Nova Ltd                       | Nova Ltd                                    | CUSIP: M7516K103<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | IL        |     62250 | NS      | $20442277.50  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                   | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     13700 | NS      | $3724482.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Asure Software Inc             | Asure Software Inc                          | CUSIP: 04649U102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2570000 | NS      | $24209400.00  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc           | BWX Technologies Inc                        | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |     36000 | NS      | $6222240.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Box Inc                        | Box Inc                                     | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |    190000 | NS      | $5682900.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CRA International Inc          | CRA International Inc                       | CUSIP: 12618T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98756 | NS      | $19819835.42  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognex Corp                    | Cognex Corp                                 | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |    108000 | NS      | $3885840.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Computer Modelling Group Ltd   | Computer Modelling Group Ltd                | CUSIP: 205249105<br>LEI: 254900W17JFUVTM20222 | Long             | EC               | CORP              | CA        |    600000 | NS      | $2281884.08   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Services of America Cor | Energy Services of America Corp             | CUSIP: 29271Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    585440 | NS      | $4783044.80   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor Inc                 | FormFactor Inc                              | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |    322000 | NS      | $17961160.00  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Gorman-Rupp Co/The             | Gorman-Rupp Co/The                          | CUSIP: 383082104<br>LEI: 254900WVLPOIWPGJPA07 | Long             | EC               | CORP              | US        |    260000 | NS      | $12415000.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Legence Corp                   | Legence Corp                                | CUSIP: 52476L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67500 | NS      | $2905200.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Electro Optic Systems Holdings | Electro Optic Systems Holdings Ltd          | CUSIP: 006293990<br>LEI: 391200AIL8NMTC2B3I63 | Long             | EC               | CORP              | AU        |   3055000 | NS      | $19245892.45  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PDF Solutions Inc              | PDF Solutions Inc                           | CUSIP: 693282105<br>LEI: 549300GMSP6MROFBI160 | Long             | EC               | CORP              | US        |   1465000 | NS      | $41796450.00  | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc                 | Photronics Inc                              | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |    287500 | NS      | $9200000.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp                    | Bruker Corp                                 | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |    255000 | NS      | $12013050.00  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors Inc              | Clean Harbors Inc                           | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     41500 | NS      | $9730920.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Treasury Securities Ca | Dreyfus Treasury Securities Cash Management | CUSIP: 261941108<br>LEI: 549300U78VESCW509025 | Long             | STIV             | RF                | US        |  91894444 | NS      | $91894443.93  | 7.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Firefly Aerospace Inc          | Firefly Aerospace Inc                       | CUSIP: 31816X106<br>LEI: 529900JPYLDP30163X55 | Long             | EC               | CORP              | US        |     60000 | NS      | $1342200.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackline Safety Corp          | Blackline Safety Corp                       | CUSIP: 092382100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   1575000 | NS      | $7401369.71   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Genius Sports Ltd              | Genius Sports Ltd                           | CUSIP: G3934V109<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |   2630700 | NS      | $28990314.00  | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-13

**Name of Applicant:** Needham Funds Inc

**Signature:** /s/ James W. Giangrasso

**Name of Signer:** James W. Giangrasso

**Title:** Principal, Chief Financial Officer