DISCIPLINED GROWTH INVESTORS INC /MN

CIK

1050442

Location

MINNEAPOLIS, MN

Portfolio Value

Mid $5,505,264,831

Diversification

Diversified

Filing Date

Global Rank

#637 / 7,976 ▼ 12

Top Industry

Computer Hardware 21.2%

3Y Alpha vs SPY

-8.9%

Period ended 9 months ago

Filed Nov 14, 2025 · 7mo

23 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+40.0%

SPY

+76.5%

Annualised alpha

-9.0%

Max drawdown

−29.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

62 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

8.3%

−0.9 pts

Top 5

32.3%

+1.2 pts

Top 10

51.8%

+1.8 pts

HHI

378

Diversified+12

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Technology	65.6%	$3,613,627,642	30
Industrials	10.1%	$553,706,708	7
Energy	9.4%	$518,457,742	4
Consumer Cyclical	7.6%	$418,171,517	9
Healthcare	3.4%	$187,496,193	7
Communication Services	2.4%	$131,364,455	3
Basic Materials	0.8%	$42,875,956	1
Consumer Defensive	0.7%	$39,564,618	1

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
MDXG	Mimedx Group, Inc.	+1,022,202	1,383,451	$9,656,487
DV	DoubleVerify Holdings, Inc.	+863,899	2,895,694	$34,690,414
CLB	Core Laboratories Inc. /DE/	+528,976	5,969,860	$73,787,469
SPSC	Sps Commerce Inc	+367,346	792,472	$82,528,034
AXGN	Axogen, Inc.	+1,920	167,577	$2,989,573
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CTLP	Cantaloupe, Inc.	−2,705,474	467,877	$4,945,459
SFIX	Stitch Fix, Inc.	−1,054,202	17,510,800	$76,171,980
MTLS	Materialise NV	−882,683	1,008,237	$5,615,880
MCHP	Microchip Technology Inc	−828,583	1,782,569	$114,476,581
AIOT	Powerfleet, Inc.	−697,160	7,351,898	$38,523,945
ZIP	Ziprecruiter, Inc.	−355,257	4,153,074	$17,525,972
P	Everpure, Inc.	−297,373	5,160,182	$432,474,853
SMCI	Super Micro Computer, Inc.	−249,329	9,481,444	$454,540,425
CTRA	Coterra Energy Inc.	−235,314	6,675,268	$157,870,088
GNTX	Gentex Corp	−186,021	4,736,620	$134,046,346
IDCC	InterDigital, Inc.	−169,691	790,941	$273,056,561
DLB	Dolby Laboratories, Inc.	−165,262	1,373,562	$99,404,681
SMTC	Semtech Corp	−165,154	2,729,382	$195,014,343
CGNX	Cognex Corp	−164,158	4,604,558	$208,586,477
ALRM	Alarm.com Holdings, Inc.	−159,729	3,332,095	$176,867,602
KRNT	Kornit Digital Ltd.	−144,010	1,838,476	$24,819,426
PRLB	Proto Labs Inc	−129,638	2,592,373	$129,696,421
EXE	EXPAND ENERGY Corp	−129,073	2,493,676	$264,928,138
VSAT	Viasat Inc	−119,185	5,725,915	$167,769,309
ANET	Arista Networks, Inc.	−108,297	1,923,266	$280,239,088
MLKN	Millerknoll, Inc.	−102,005	472,044	$8,374,060
AKAM	Akamai Technologies Inc	−94,611	1,744,167	$132,138,091
POWI	Power Integrations Inc	−93,886	1,966,940	$79,090,657
PLXS	Plexus Corp	−92,942	1,553,569	$224,785,898
GEOS	Geospace Technologies Corp	−91,180	1,153,589	$21,872,047
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
ZETA	Zeta Global Holdings Corp.	6,114,851	$121,502,089
YETI	YETI Holdings, Inc.	772,764	$25,640,309
IT	Gartner Inc	86,687	$22,787,411
WEAV	Weave Communications, Inc.	1,265,453	$8,453,226
GLOB	Globant S.A.	71,448	$4,099,686
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
LSTR	Landstar System Inc	309,783	$43,066,032
UAA	Under Armour, Inc.	5,275,757	$36,033,420
MYGN	Myriad Genetics Inc	753,956	$4,003,506
BAC	Bank Of America Corp /De/	5,000	$236,600
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

62 positions · $5,505,264,831 total · as of Sep 30, 2025

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Healthcare Industrials Technology

Showing 1–50 of 62 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AVGO	Broadcom Inc. Technology	Reduced	1,037	-43	$342,116	+14.9%	0.01%
MSFT	Microsoft Corp Technology	Reduced	672	-7	$348,062	+3.1%	0.01%
AAPL	Apple Inc. Technology	Reduced	1,535	-777	$390,857	−17.6%	0.01%
SRI	Stoneridge Inc Consumer Cyclical	Reduced	190,991	-32,186	$1,455,351	−7.4%	0.03%
AXGN	Axogen, Inc. Healthcare	Added	167,577	+1,920	$2,989,573	+66.3%	0.05%
FOXF	Fox Factory Holding Corp Consumer Cyclical	Reduced	127,462	-8,815	$3,096,051	−12.4%	0.06%
INMD	InMode Ltd. Healthcare	Reduced	255,620	-48,449	$3,808,738	−13.3%	0.07%
GLOB	Globant S.A. Technology	NEW	71,448	NEW	$4,099,686	NEW	0.07%
CTLP	Cantaloupe, Inc. Technology	Reduced	467,877	-2,705,474	$4,945,459	−85.8%	0.09%
SSTI	Soundthinking, Inc. Technology	Reduced	413,441	-33,799	$4,986,098	−14.6%	0.09%
MTLS	Materialise NV Technology	Reduced	1,008,237	-882,683	$5,615,880	−47.4%	0.10%
EGAN	EGAIN Corp Technology	Reduced	868,825	-79,758	$7,567,465	+27.6%	0.14%
MLKN	Millerknoll, Inc. Consumer Cyclical	Reduced	472,044	-102,005	$8,374,060	−24.9%	0.15%
WEAV	Weave Communications, Inc. Healthcare	NEW	1,265,453	NEW	$8,453,226	NEW	0.15%
MDXG	Mimedx Group, Inc. Healthcare	Added	1,383,451	+1,022,202	$9,656,487	+337.5%	0.18%
PGNY	Progyny, Inc. Healthcare	Reduced	601,809	-38,028	$12,950,929	−8.0%	0.24%
CEVA	Ceva Inc Technology	Reduced	540,070	-79,747	$14,263,248	+4.7%	0.26%
ZIP	Ziprecruiter, Inc. Communication Services	Reduced	4,153,074	-355,257	$17,525,972	−22.4%	0.32%
PAYX	Paychex Inc Technology	Reduced	151,143	-6,939	$19,158,886	−16.7%	0.35%
GEOS	Geospace Technologies Corp Energy	Reduced	1,153,589	-91,180	$21,872,047	+23.2%	0.40%
IT	Gartner Inc Technology	NEW	86,687	NEW	$22,787,411	NEW	0.41%
KRNT	Kornit Digital Ltd. Industrials	Reduced	1,838,476	-144,010	$24,819,426	−37.1%	0.45%
YETI	YETI Holdings, Inc. Consumer Cyclical	NEW	772,764	NEW	$25,640,309	NEW	0.47%
GGG	Graco Inc Industrials	Reduced	350,878	-48,470	$29,810,594	−13.2%	0.54%
DV	DoubleVerify Holdings, Inc. Communication Services	Added	2,895,694	+863,899	$34,690,414	+14.1%	0.63%
AIOT	Powerfleet, Inc. Technology	Reduced	7,351,898	-697,160	$38,523,945	+11.0%	0.70%
CELH	Celsius Holdings, Inc. Consumer Defensive	Reduced	688,200	-28,503	$39,564,618	+19.0%	0.72%
LGIH	LGI Homes, Inc. Consumer Cyclical	Reduced	787,022	-73,435	$40,696,907	−8.2%	0.74%
SSD	Simpson Manufacturing Co., Inc. Basic Materials	Reduced	256,037	-9,567	$42,875,956	+3.9%	0.78%
IPGP	Ipg Photonics Corp Technology	Reduced	561,566	-18,385	$44,470,411	+11.7%	0.81%
SN	SharkNinja, Inc. Consumer Cyclical	Reduced	447,718	-17,460	$46,182,111	+0.3%	0.84%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	109,480	-4,724	$48,962,740	−21.1%	0.89%
TREX	Trex Co Inc Industrials	Reduced	1,035,607	-52,424	$53,509,813	−9.6%	0.97%
INTU	Intuit Inc. Technology	Reduced	91,011	-14,120	$62,152,322	−24.9%	1.13%
CLB	Core Laboratories Inc. /DE/ Energy	Added	5,969,860	+528,976	$73,787,469	+17.7%	1.34%
SFIX	Stitch Fix, Inc. Consumer Cyclical	Reduced	17,510,800	-1,054,202	$76,171,980	+10.9%	1.38%
POWI	Power Integrations Inc Technology	Reduced	1,966,940	-93,886	$79,090,657	−31.3%	1.44%
TTWO	Take Two Interactive Software Inc Communication Services	Reduced	306,348	-14,462	$79,148,069	+1.6%	1.44%
FND	Floor & Decor Holdings, Inc. Consumer Cyclical	Reduced	1,119,517	-46,762	$82,508,402	−6.9%	1.50%
SPSC	Sps Commerce Inc Technology	Added	792,472	+367,346	$82,528,034	+42.6%	1.50%
DLB	Dolby Laboratories, Inc. Industrials	Reduced	1,373,562	-165,262	$99,404,681	−13.0%	1.81%
ALGN	Align Technology Inc Healthcare	Reduced	803,981	-41,006	$100,674,500	−37.1%	1.83%
ADSK	Autodesk, Inc. Technology	Reduced	320,777	-20,083	$101,901,229	−3.4%	1.85%
GNRC	Generac Holdings Inc. Industrials	Reduced	618,214	-22,305	$103,489,023	+12.8%	1.88%
SNA	Snap-on Inc Industrials	Reduced	326,023	-63,163	$112,976,750	−6.7%	2.05%
MCHP	Microchip Technology Inc Technology	Reduced	1,782,569	-828,583	$114,476,581	−37.7%	2.08%
ZETA	Zeta Global Holdings Corp. Technology	NEW	6,114,851	NEW	$121,502,089	NEW	2.21%
PRLB	Proto Labs Inc Industrials	Reduced	2,592,373	-129,638	$129,696,421	+19.0%	2.36%
AKAM	Akamai Technologies Inc Technology	Reduced	1,744,167	-94,611	$132,138,091	−9.9%	2.40%
GNTX	Gentex Corp Consumer Cyclical	Reduced	4,736,620	-186,021	$134,046,346	+23.8%	2.43%