Disciplined Growth Investors Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Disciplined Growth Investors Inc. reported 64 stock positions worth $5.5 billion. Its top holding was Super Micro Computer (SMCI) at 8.2% of the portfolio, followed by Everpure Class A (P, 7.8%) and Garmin (GRMN, 6.1%). Compared with Q2 2025, it opened 5 new positions, sold out of 5, added to 5 and reduced 54. The biggest buy was a new position in Zeta Global Class A (ZETA) and the biggest sale Microchip Technology (MCHP, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0001050442
- Portfolio Value
- $5.5B (Q3 2025)
- SEC Filing
- 0001050442-25-000034 ↗ filed Nov 14, 2025
Holdings Value
Holdings 64 stocks · $5.5B
| SMCI Super Micro Computer Inc. | 8.23% | 9,481,444 | $454.5M | Reduce -2.6% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 7.84% | 5,160,182 | $432.5M | Reduce -5.5% |
| GRMN Garmin Ltd. | 6.14% | 1,376,836 | $339.0M | Reduce -3.0% |
| ANET Arista Networks Inc. | 5.08% | 1,923,266 | $280.2M | Reduce -5.3% |
| IDCC Interdigital Inc. | 4.95% | 790,941 | $273.1M | Reduce -17.7% |
| EXE Expand Energy Corp. | 4.80% | 2,493,676 | $264.9M | Reduce -4.9% |
| PLXS Plexus Corp. | 4.07% | 1,553,569 | $224.8M | Reduce -5.6% |
| CGNX Cognex Corp. | 3.78% | 4,604,558 | $208.6M | Reduce -3.4% |
| SMTC Semtech Corp. | 3.53% | 2,729,382 | $195.0M | Reduce -5.7% |
| ALRM Alarm.com Holdings Inc. | 3.20% | 3,332,095 | $176.9M | Reduce -4.6% |
| VSAT Viasat Inc. | 3.04% | 5,725,915 | $167.8M | Reduce -2.0% |
| CTRA Coterra Energy Inc. | 2.86% | 6,675,268 | $157.9M | Reduce -3.4% |
| GNTX Gentex Corp. | 2.43% | 4,736,620 | $134.0M | Reduce -3.8% |
| AKAM Akamai Technologies Inc. | 2.39% | 1,744,167 | $132.1M | Reduce -5.2% |
| PRLB Proto Labs Inc. | 2.35% | 2,592,373 | $129.7M | Reduce -4.8% |
| ZETA Zeta Global Holdings Corp. Class A | 2.20% | 6,114,851 | $121.5M | New |
| MCHP Microchip Technology Inc. | 2.07% | 1,782,569 | $114.5M | Reduce -31.7% |
| SNA Snap-on Inc. | 2.05% | 326,023 | $113.0M | Reduce -16.2% |
| GNRC Generac Holdings Inc. | 1.87% | 618,214 | $103.5M | Reduce -3.5% |
| ADSK Autodesk Inc. | 1.85% | 320,777 | $101.9M | Reduce -5.9% |
| ALGN Align Technology Inc. | 1.82% | 803,981 | $100.7M | Reduce -4.8% |
| DLB Dolby Laboratories Inc. Class A | 1.80% | 1,373,562 | $99.4M | Reduce -10.7% |
| SPSC SPS Commerce Inc. | 1.50% | 792,472 | $82.5M | Add +86.4% |
| FND Floor & Decor Holdings Inc. Class A | 1.49% | 1,119,517 | $82.5M | Reduce -4.0% |
| TTWO Take-Two Interactive Softwre | 1.43% | 306,348 | $79.1M | Reduce -4.5% |
| POWI Power Integrations Inc. | 1.43% | 1,966,940 | $79.1M | Reduce -4.6% |
| SFIX Stitch Fix Inc. Class A | 1.38% | 17,510,800 | $76.2M | Reduce -5.7% |
| CLB Core Laboratories Inc. | 1.34% | 5,969,860 | $73.8M | Add +9.7% |
| INTU Intuit Inc. | 1.13% | 91,011 | $62.2M | Reduce -13.4% |
| TREX Trex Company Inc. | 0.97% | 1,035,607 | $53.5M | Reduce -4.8% |
| ISRG Intuitive Surgical Inc. | 0.89% | 109,480 | $49.0M | Reduce -4.1% |
| SN Sharkninja Inc. | 0.84% | 447,718 | $46.2M | Reduce -3.8% |
| IPGP Ipg Photonics Corp. | 0.81% | 561,566 | $44.5M | Reduce -3.2% |
| SSD Simpson Manufacturing Co. Inc. | 0.78% | 256,037 | $42.9M | Reduce -3.6% |
| LGIH Lgi Homes Inc. | 0.74% | 787,022 | $40.7M | Reduce -8.5% |
| CELH Celsius Holdings Inc. | 0.72% | 688,200 | $39.6M | Reduce -4.0% |
| AIOT Powerfleet Inc. | 0.70% | 7,351,898 | $38.5M | Reduce -8.7% |
| DV Doubleverify Holdings Inc. | 0.63% | 2,895,694 | $34.7M | Add +42.5% |
| GGG Graco Inc. | 0.54% | 350,878 | $29.8M | Reduce -12.1% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.46% | 772,764 | $25.6M | New |
| KRNT Kornit Digital Ltd. | 0.45% | 1,838,476 | $24.8M | Reduce -7.3% |
| IT Gartner Inc. | 0.41% | 86,687 | $22.8M | New |
| GEOS Geospace Technologies Corp. | 0.40% | 1,153,589 | $21.9M | Reduce -7.3% |
| PAYX Paychex Inc. | 0.35% | 151,143 | $19.2M | Reduce -4.4% |
| ZIP Ziprecruiter Inc. Class A | 0.32% | 4,153,074 | $17.5M | Reduce -7.9% |
| CEVA Ceva Inc. | 0.26% | 540,070 | $14.3M | Reduce -12.9% |
| PGNY Progyny Inc. | 0.23% | 601,809 | $13.0M | Reduce -5.9% |
| PRO Pros Holdings Inc. | 0.21% | 501,748 | $11.5M | Reduce -64.2% |
| MDXG Mimedx Group Inc. | 0.17% | 1,383,451 | $9.7M | Add +283.0% |
| WEAV Weave Communications Inc. | 0.15% | 1,265,453 | $8.5M | New |
| MLKN Millerknoll Inc. | 0.15% | 472,044 | $8.4M | Reduce -17.8% |
| EGAN Egain Corp. | 0.14% | 868,825 | $7.6M | Reduce -8.4% |
| MTLS Materialise NV-ADR | 0.10% | 1,008,237 | $5.6M | Reduce -46.7% |
| SSTI Soundthinking Inc. | 0.09% | 413,441 | $5.0M | Reduce -7.6% |
| CTLP Cantaloupe Inc. | 0.09% | 467,877 | $4.9M | Reduce -85.3% |
| GLOB Globant SA | 0.07% | 71,448 | $4.1M | New |
| INMD Inmode Ltd. | 0.07% | 255,620 | $3.8M | Reduce -15.9% |
| FOXF Fox Factory Holding Corp. | 0.06% | 127,462 | $3.1M | Reduce -6.5% |
| AXGN Axogen Inc. | 0.05% | 167,577 | $3.0M | Add +1.2% |
| VRNT Verint Systems Inc. | 0.05% | 143,143 | $2.9M | Reduce -63.9% |
| SRI Stoneridge Inc. | 0.03% | 190,991 | $1.5M | Reduce -14.4% |
| AAPL Apple Inc. | 0.01% | 1,535 | $391K | Reduce -33.6% |
| MSFT Microsoft Corp. | 0.01% | 672 | $348K | Reduce -1.0% |
| AVGO Broadcom Inc. | 0.01% | 1,037 | $342K | Reduce -4.0% |
Portfolio Sells Q2 2025 → Q3 2025
| MCHP Microchip Technology Inc. | Reduce -31.7% | 2.07% | −1.44 |
| ALGN Align Technology Inc. | Reduce -4.8% | 1.82% | −1.24 |
| EXE Expand Energy Corp. | Reduce -4.9% | 4.80% | −1.07 |
| SMCI Super Micro Computer Inc. | Reduce -2.6% | 8.23% | −0.88 |
| LSTR Landstar System Inc. | Sold out | 0.00% | −0.82 |
| POWI Power Integrations Inc. | Reduce -4.6% | 1.43% | −0.77 |
| UAA Under Armour Inc. Class A | Sold out | 0.00% | −0.69 |
| CTLP Cantaloupe Inc. | Reduce -85.3% | 0.09% | −0.58 |
| ALRM Alarm.com Holdings Inc. | Reduce -4.6% | 3.20% | −0.57 |
| CTRA Coterra Energy Inc. | Reduce -3.4% | 2.86% | −0.49 |
| INTU Intuit Inc. | Reduce -13.4% | 1.13% | −0.46 |
| AKAM Akamai Technologies Inc. | Reduce -5.2% | 2.39% | −0.41 |
| DLB Dolby Laboratories Inc. Class A | Reduce -10.7% | 1.80% | −0.38 |
| KRNT Kornit Digital Ltd. | Reduce -7.3% | 0.45% | −0.31 |
| ISRG Intuitive Surgical Inc. | Reduce -4.1% | 0.89% | −0.30 |
| SNA Snap-on Inc. | Reduce -16.2% | 2.05% | −0.27 |
| PRO Pros Holdings Inc. | Reduce -64.2% | 0.21% | −0.21 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -4.0% | 1.49% | −0.20 |
| PLXS Plexus Corp. | Reduce -5.6% | 4.07% | −0.19 |
| ADSK Autodesk Inc. | Reduce -5.9% | 1.85% | −0.17 |
| TREX Trex Company Inc. | Reduce -4.8% | 0.97% | −0.16 |
| GGG Graco Inc. | Reduce -12.1% | 0.54% | −0.12 |
| ZIP Ziprecruiter Inc. Class A | Reduce -7.9% | 0.32% | −0.11 |
| LGIH Lgi Homes Inc. | Reduce -8.5% | 0.74% | −0.11 |
| MTLS Materialise NV-ADR | Reduce -46.7% | 0.10% | −0.10 |
| VRNT Verint Systems Inc. | Reduce -63.9% | 0.05% | −0.10 |
| PAYX Paychex Inc. | Reduce -4.4% | 0.35% | −0.09 |
| MYGN Myriad Genetics Inc. | Sold out | 0.00% | −0.08 |
| MLKN Millerknoll Inc. | Reduce -17.8% | 0.15% | −0.06 |
| SRDX Surmodics Inc. | Sold out | 0.00% | −0.06 |
| TTWO Take-Two Interactive Softwre | Reduce -4.5% | 1.43% | −0.06 |
| SN Sharkninja Inc. | Reduce -3.8% | 0.84% | −0.04 |
| PGNY Progyny Inc. | Reduce -5.9% | 0.23% | −0.03 |
| SSTI Soundthinking Inc. | Reduce -7.6% | 0.09% | −0.02 |
| INMD Inmode Ltd. | Reduce -15.9% | 0.07% | −0.01 |
| SSD Simpson Manufacturing Co. Inc. | Reduce -3.6% | 0.78% | −0.01 |
| FOXF Fox Factory Holding Corp. | Reduce -6.5% | 0.06% | −0.01 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.00 |
| SRI Stoneridge Inc. | Reduce -14.4% | 0.03% | −0.00 |
| CEVA Ceva Inc. | Reduce -12.9% | 0.26% | −0.00 |
| AAPL Apple Inc. | Reduce -33.6% | 0.01% | −0.00 |
| MSFT Microsoft Corp. | Reduce -1.0% | 0.01% | −0.00 |
| AVGO Broadcom Inc. | Reduce -4.0% | 0.01% | +0.00 |
| EGAN Egain Corp. | Reduce -8.4% | 0.14% | +0.02 |
| AIOT Powerfleet Inc. | Reduce -8.7% | 0.70% | +0.03 |
| IPGP Ipg Photonics Corp. | Reduce -3.2% | 0.81% | +0.04 |
| GEOS Geospace Technologies Corp. | Reduce -7.3% | 0.40% | +0.06 |
| SFIX Stitch Fix Inc. Class A | Reduce -5.7% | 1.38% | +0.07 |
| CELH Celsius Holdings Inc. | Reduce -4.0% | 0.72% | +0.08 |
| GNRC Generac Holdings Inc. | Reduce -3.5% | 1.87% | +0.12 |
Portfolio Buys Q2 2025 → Q3 2025
| ZETA Zeta Global Holdings Corp. Class A | New | 2.20% | +2.20 |
| YETI Yeti Holdings Inc. | New | 0.46% | +0.46 |
| IT Gartner Inc. | New | 0.41% | +0.41 |
| SPSC SPS Commerce Inc. | Add +86.4% | 1.50% | +0.39 |
| WEAV Weave Communications Inc. | New | 0.15% | +0.15 |
| CLB Core Laboratories Inc. | Add +9.7% | 1.34% | +0.14 |
| MDXG Mimedx Group Inc. | Add +283.0% | 0.17% | +0.13 |
| GLOB Globant SA | New | 0.07% | +0.07 |
| DV Doubleverify Holdings Inc. | Add +42.5% | 0.63% | +0.05 |
| AXGN Axogen Inc. | Add +1.2% | 0.05% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 58 | $5.9B | PLXS, VSAT, P, GRMN, ANET |
| Q1 2026 | 61 | $4.9B | GRMN, PLXS, P, EXE, VSAT |
| Q4 2025 | 61 | $5.2B | P, GRMN, SMCI, EXE, ANET |
| Q3 2025 | 64 | $5.5B | SMCI, P, GRMN, ANET, IDCC |
| Q2 2025 | 64 | $5.2B | SMCI, P, EXE, GRMN, PLXS |
| Q1 2025 | 64 | $4.8B | GRMN, EXE, SMCI, P, IDCC |
| Q4 2024 | 65 | $5.3B | P, GRMN, EXE, ANET, PLXS |
| Q3 2024 | 69 | $5.3B | SMCI, PLXS, P, GRMN, ANET |
| Q2 2024 | 66 | $5.3B | SMCI, P, GRMN, PLXS, ANET |
| Q1 2024 | 68 | $5.5B | SMCI, P, SWN, ALGN, GRMN |