Peregrine Capital Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 1, 2025), Peregrine Capital Management LLC reported 330 stock positions worth $3.3 billion. Its top holding was Amazon.com (AMZN) at 4.2% of the portfolio, followed by Cloudflare Class A (NET, 3.6%) and Ares Management Class A (ARES, 3.4%). Compared with Q1 2025, it opened 21 new positions, sold out of 18, added to 106 and reduced 157. The biggest buy was a new position in Monday.com (MNDY) and the biggest sale Alphabet Class C (GOOG, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0000764529
- Portfolio Value
- $3.3B (Q2 2025)
- SEC Filing
- 0000764529-25-000006 ↗ filed Aug 1, 2025
Holdings Value
Holdings 330 stocks · $3.3B
| AMZN Amazon.com Inc. | 4.23% | 639,482 | $140.3M | Reduce -5.4% |
| NET Cloudflare Inc. Class A | 3.55% | 601,753 | $117.8M | Reduce -5.5% |
| ARES Ares Management Corp. Class A | 3.40% | 651,098 | $112.8M | Reduce -5.4% |
| NOW ServiceNow Inc. | 2.84% | 91,738 | $94.3M | Reduce -5.0% |
| GOOGL Alphabet Inc. Class A | 2.67% | 503,425 | $88.7M | Reduce -5.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 2.57% | 167,339 | $85.2M | Reduce -5.0% |
| UBER Uber Technologies Inc. | 2.12% | 753,296 | $70.3M | Reduce -4.8% |
| SNOW Snowflake Inc. | 2.01% | 298,423 | $66.8M | Reduce -4.8% |
| VEEV Veeva Systems Inc. Class A | 2.00% | 230,018 | $66.2M | Reduce -5.6% |
| V Visa Inc. Class A | 1.87% | 174,471 | $61.9M | Reduce -4.8% |
| ISRG Intuitive Surgical Inc. | 1.78% | 108,738 | $59.1M | Reduce -4.8% |
| CSGP Costar Group Inc. | 1.70% | 700,543 | $56.3M | Reduce -5.3% |
| MA Mastercard Inc. Class A | 1.70% | 100,129 | $56.3M | Reduce -4.8% |
| DXCM Dexcom Inc. | 1.43% | 541,876 | $47.3M | Reduce -4.7% |
| WDAY Workday Inc. Class A | 1.42% | 196,935 | $47.3M | Reduce -4.8% |
| EXAS Exact Sciences Corp. | 1.32% | 822,617 | $43.7M | Add +16.6% |
| DKNG Draftkings Inc. Class A | 1.26% | 976,829 | $41.9M | Reduce -4.8% |
| PLNT Planet Fitness Inc. Class A | 1.24% | 377,588 | $41.2M | Reduce -20.2% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.20% | 552,161 | $39.8M | Reduce -4.8% |
| PCOR Procore Technologies Inc. | 1.09% | 527,891 | $36.1M | Reduce -3.3% |
| DUOL Duolingo | 1.09% | 87,950 | $36.1M | Reduce -10.7% |
| FLUT Flutter Entertainment PLC-Di | 0.99% | 114,808 | $32.8M | Reduce -4.9% |
| MNDY Monday.com Ltd. | 0.97% | 102,388 | $32.2M | New |
| ADBE Adobe Inc. | 0.82% | 70,671 | $27.3M | Reduce -24.2% |
| TEAM Atlassian Corp. Class A | 0.77% | 125,668 | $25.5M | Reduce -4.8% |
| CDNS Cadence Design SYS Inc. | 0.72% | 77,481 | $23.9M | Reduce -4.8% |
| SNPS Synopsys Inc. | 0.65% | 41,921 | $21.5M | Reduce -4.8% |
| SKWD Skyward Specialty Insurance | 0.56% | 323,978 | $18.7M | Reduce -14.2% |
| BOX Box Inc. Class A | 0.50% | 485,776 | $16.6M | Reduce -9.5% |
| SPXC SPX Technologies Inc. | 0.49% | 97,309 | $16.3M | Add +2.9% |
| SF Stifel Financial Corp. | 0.49% | 157,218 | $16.3M | Add +1.7% |
| CYBR Cyberark Software Ltd./Israel | 0.47% | 38,732 | $15.8M | Add +1.6% |
| PTC PTC Inc. | 0.47% | 91,251 | $15.7M | Reduce -20.4% |
| SYNA Synaptics Inc. | 0.47% | 240,228 | $15.6M | Add +11.0% |
| ESI Element Solutions Inc. | 0.47% | 685,920 | $15.5M | Add +1.7% |
| ROAD Construction Partners Inc. Class A | 0.45% | 141,130 | $15.0M | Add +7.1% |
| GOOG Alphabet Inc. Class C | 0.44% | 81,936 | $14.5M | Reduce -50.2% |
| VRRM Verra Mobility Corp. | 0.44% | 569,396 | $14.5M | Add +1.7% |
| WMS Advanced Drainage Systems Inc. | 0.42% | 120,456 | $13.8M | Add +1.5% |
| PATK Patrick Industries Inc. | 0.42% | 149,484 | $13.8M | Add +1.7% |
| CNM Core & Main Inc. Class A | 0.41% | 226,561 | $13.7M | Add +0.7% |
| PAR Par Technology Corp. | 0.41% | 196,544 | $13.6M | Add +1.7% |
| CCB Coastal Financial Corp. | 0.41% | 140,693 | $13.6M | Add +25.0% |
| FROG Jfrog Ltd. | 0.41% | 308,390 | $13.5M | Add +0.7% |
| FLS Flowserve Corp. | 0.40% | 255,307 | $13.4M | Add +44.3% |
| BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN | 0.40% | 311,148 | $13.3M | Reduce -27.6% |
| OLLI Ollie's Bargain Outlet Holdi | 0.40% | 100,594 | $13.3M | Reduce -7.4% |
| ESNT Essent Group Ltd. | 0.40% | 217,473 | $13.2M | Add +1.6% |
| FTI Technipfmc PLC | 0.39% | 375,060 | $12.9M | Add +1.6% |
| EVR Evercore Inc. Class A | 0.39% | 47,339 | $12.8M | Reduce -16.3% |
| DY Dycom Industries Inc. | 0.38% | 52,252 | $12.8M | Reduce -8.5% |
| SSNC Ss&c Technologies Holdings | 0.38% | 152,911 | $12.7M | Reduce -26.4% |
| MYRG MYR Group Inc./Delaware | 0.38% | 69,669 | $12.6M | Add +1.7% |
| KEX Kirby Corp. | 0.38% | 110,601 | $12.5M | Add +16.9% |
| CIEN Ciena Corp. | 0.38% | 153,979 | $12.5M | Reduce -23.1% |
| VRNS Varonis Systems Inc. | 0.37% | 244,900 | $12.4M | Reduce -16.5% |
| HAE Haemonetics Corp. | 0.37% | 164,341 | $12.3M | Add +1.8% |
| KTOS Kratos Defense & Security | 0.37% | 263,439 | $12.2M | Reduce -9.6% |
| AEIS Advanced Energy Industries | 0.37% | 92,240 | $12.2M | Add +1.7% |
| AGYS Agilysys Inc. | 0.37% | 106,098 | $12.2M | Add +1.7% |
| MOD Modine Manufacturing Co. | 0.37% | 123,423 | $12.2M | Add +8.0% |
| WAY Waystar Holding Corp. | 0.36% | 294,914 | $12.1M | Add +1.6% |
| BRSL Brightstar Lottery PLC filed as INTERNATIONAL GAME TECHNOLOG | 0.36% | 746,500 | $11.8M | Add +12.6% |
| IRTC Irhythm Holdings Inc. | 0.36% | 76,594 | $11.8M | Reduce -7.8% |
| RYAN Ryan Specialty Holdings Inc. | 0.35% | 173,135 | $11.8M | Reduce -23.5% |
| KBR KBR Inc. | 0.35% | 241,855 | $11.6M | Reduce -8.4% |
| PFGC Performance Food Group Co. | 0.35% | 131,375 | $11.5M | Reduce -7.1% |
| ITRI Itron Inc. | 0.35% | 87,262 | $11.5M | Reduce -8.4% |
| BOOT Boot Barn Holdings Inc. | 0.34% | 74,830 | $11.4M | Reduce -11.2% |
| BURL Burlington Stores Inc. | 0.34% | 48,012 | $11.2M | Add +11.2% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.33% | 191,874 | $11.0M | Add +16.6% |
| NTNX Nutanix Inc. Class A | 0.33% | 144,459 | $11.0M | Add +2.4% |
| ODD Oddity Tech Ltd. Class A | 0.33% | 145,885 | $11.0M | Reduce -3.6% |
| STVN Stevanato Group SPA | 0.33% | 444,063 | $10.8M | Add +1.6% |
| PLMR Palomar Holdings Inc. | 0.32% | 69,102 | $10.7M | Reduce -7.7% |
| FTAI Ftai Aviation Ltd. | 0.32% | 91,373 | $10.5M | Add +1.8% |
| BOW Bowhead Specialty Holdings I | 0.32% | 279,684 | $10.5M | Add +1.6% |
| SKY Champion Homes Inc. | 0.32% | 167,281 | $10.5M | Add +21.9% |
| AAON Aaon Inc. | 0.31% | 141,503 | $10.4M | Add +13.8% |
| ZWS Zurn Elkay Water Solutions C | 0.31% | 282,715 | $10.3M | Add +1.7% |
| CFLT Confluent Inc. Class A | 0.31% | 414,272 | $10.3M | Add +29.0% |
| AIR Aar Corp. | 0.31% | 148,864 | $10.2M | Add +1.8% |
| LITE Lumentum Holdings Inc. | 0.31% | 106,821 | $10.2M | Reduce -8.2% |
| HQY Healthequity Inc. | 0.30% | 95,778 | $10.0M | Add +2.6% |
| CELH Celsius Holdings Inc. | 0.30% | 216,012 | $10.0M | Reduce -14.6% |
| FOUR SHIFT4 Payments Inc. Class A | 0.30% | 100,571 | $10.0M | Reduce -5.4% |
| AORT Artivion Inc. | 0.30% | 316,697 | $9.8M | Add +1.8% |
| AVTR Avantor Inc. | 0.29% | 719,934 | $9.7M | Reduce -24.6% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.29% | 185,896 | $9.7M | Add +1.5% |
| JBTM JBT Marel Corp. | 0.29% | 80,189 | $9.6M | Add +1.8% |
| VVV Valvoline Inc. | 0.29% | 250,960 | $9.5M | Add +18.4% |
| STLD Steel Dynamics Inc. | 0.28% | 73,086 | $9.4M | Add +1.8% |
| GNRC Generac Holdings Inc. | 0.28% | 65,292 | $9.4M | Reduce -1.2% |
| PHR Phreesia Inc. | 0.28% | 325,608 | $9.3M | Add +11.8% |
| QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC | 0.28% | 98,895 | $9.3M | Add +1.7% |
| VIRT Virtu Financial Inc. Class A | 0.28% | 205,636 | $9.2M | Reduce -17.4% |
| VERX Vertex Inc. Class A | 0.28% | 259,234 | $9.2M | Add +1.7% |
| GBCI Glacier Bancorp Inc. | 0.28% | 212,142 | $9.1M | Add +21.0% |
| VCEL Vericel Corp. | 0.27% | 211,353 | $9.0M | New |
| ELF Elf Beauty Inc. | 0.27% | 71,773 | $8.9M | Reduce -4.7% |
Portfolio Sells Q1 2025 → Q2 2025
| GOOG Alphabet Inc. Class C | Reduce -50.2% | 0.44% | −0.42 |
| ADBE Adobe Inc. | Reduce -24.2% | 0.82% | −0.36 |
| GTLS Chart Industries Inc. | Reduce -92.0% | 0.03% | −0.35 |
| ICLR Icon PLC | Reduce -99.1% | 0.00% | −0.34 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.30 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −0.28 |
| PLNT Planet Fitness Inc. Class A | Reduce -20.2% | 1.24% | −0.28 |
| EFOR Everforth Inc. | Reduce -98.3% | 0.00% | −0.28 |
| V Visa Inc. Class A | Reduce -4.8% | 1.87% | −0.26 |
| CSGP Costar Group Inc. | Reduce -5.3% | 1.70% | −0.25 |
| BWIN Baldwin Insurance Group Inc./ | Reduce -27.6% | 0.40% | −0.24 |
| SWTX Springworks Therapeutics Inc. | Sold out | 0.00% | −0.23 |
| AVTR Avantor Inc. | Reduce -24.6% | 0.29% | −0.22 |
| MA Mastercard Inc. Class A | Reduce -4.8% | 1.70% | −0.22 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -23.5% | 0.35% | −0.20 |
| SSNC Ss&c Technologies Holdings | Reduce -26.4% | 0.38% | −0.19 |
| DV Doubleverify Holdings Inc. | Sold out | 0.00% | −0.19 |
| CIVI Civitas Resources Inc. | Sold out | 0.00% | −0.19 |
| INSM Insmed Inc. | Reduce -51.0% | 0.27% | −0.19 |
| LNTH Lantheus Holdings Inc. | Reduce -47.5% | 0.12% | −0.18 |
| TXNM TXNM Energy Inc. | Reduce -99.5% | 0.00% | −0.18 |
| WDAY Workday Inc. Class A | Reduce -4.8% | 1.42% | −0.18 |
| NEOG Neogen Corp. | Sold out | 0.00% | −0.17 |
| ONTO Onto Innovation Inc. | Reduce -97.5% | 0.00% | −0.17 |
| TEAM Atlassian Corp. Class A | Reduce -4.8% | 0.77% | −0.16 |
| TALO Talos Energy Inc. | Sold out | 0.00% | −0.16 |
| LGF.B Lions Gate Entertainment-B | Sold out | 0.00% | −0.16 |
| PENG Penguin Solutions Inc. | Sold out | 0.00% | −0.15 |
| SRPT Sarepta Therapeutics Inc. | Reduce -98.7% | 0.00% | −0.15 |
| CHCT Community Healthcare Trust I | Sold out | 0.00% | −0.13 |
| BHVN Biohaven Ltd. | Sold out | 0.00% | −0.12 |
| PTC PTC Inc. | Reduce -20.4% | 0.47% | −0.12 |
| PCVX Vaxcyte Inc. | Sold out | 0.00% | −0.11 |
| PCOR Procore Technologies Inc. | Reduce -3.3% | 1.09% | −0.11 |
| SKWD Skyward Specialty Insurance | Reduce -14.2% | 0.56% | −0.10 |
| ISRG Intuitive Surgical Inc. | Reduce -4.8% | 1.78% | −0.10 |
| ECPG Encore Capital Group Inc. | Sold out | 0.00% | −0.09 |
| LSEA Landsea Homes Corp. | Sold out | 0.00% | −0.09 |
| KBR KBR Inc. | Reduce -8.4% | 0.35% | −0.09 |
| TFIN Triumph Financial Inc. | Reduce -13.3% | 0.26% | −0.09 |
| MATV Mativ Holdings Inc. | Sold out | 0.00% | −0.08 |
| GMS GMS Inc. | Reduce -47.9% | 0.16% | −0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -5.6% | 2.67% | −0.06 |
| IRT Independence Realty Trust Inc. | Reduce -5.0% | 0.15% | −0.06 |
| FL Foot Locker Inc. | Reduce -63.8% | 0.08% | −0.06 |
| SAFE Safehold Inc. | Reduce -3.7% | 0.15% | −0.06 |
| THG Hanover Insurance Group Inc./ | Reduce -17.2% | 0.15% | −0.05 |
| ONB Old National Bancorp | Reduce -16.5% | 0.16% | −0.05 |
| BOX Box Inc. Class A | Reduce -9.5% | 0.50% | −0.05 |
| URBN Urban Outfitters Inc. | Reduce -37.5% | 0.17% | −0.05 |
Portfolio Buys Q1 2025 → Q2 2025
| MNDY Monday.com Ltd. | New | 0.97% | +0.97 |
| EXAS Exact Sciences Corp. | Add +16.6% | 1.32% | +0.30 |
| VCEL Vericel Corp. | New | 0.27% | +0.27 |
| BIRK Birkenstock Holding PLC | New | 0.25% | +0.25 |
| ADPT Adaptive Biotechnologies | New | 0.25% | +0.25 |
| CWAN Clearwater Analytics HDS-A | New | 0.24% | +0.24 |
| TWST Twist Bioscience Corp. | New | 0.24% | +0.24 |
| WGS Genedx Holdings Corp. | New | 0.24% | +0.24 |
| VITL Vital Farms Inc. | New | 0.23% | +0.23 |
| ALKS Alkermes PLC | New | 0.23% | +0.23 |
| SIBN Si-Bone Inc. | New | 0.20% | +0.20 |
| CBLL Ceribell Inc. | New | 0.19% | +0.19 |
| ACA Arcosa Inc. | New | 0.18% | +0.18 |
| BYD Boyd Gaming Corp. | New | 0.17% | +0.17 |
| SMA Smartstop Self Storage REIT | New | 0.16% | +0.16 |
| RHP Ryman Hospitality Properties | Add +4049.6% | 0.17% | +0.16 |
| PENG Penguin Solutions Inc. | New | 0.15% | +0.15 |
| CNO Cno Financial Group Inc. | New | 0.15% | +0.15 |
| ROAD Construction Partners Inc. Class A | Add +7.1% | 0.45% | +0.14 |
| TNC Tennant Co. | New | 0.13% | +0.13 |
| MYRG MYR Group Inc./Delaware | Add +1.7% | 0.38% | +0.12 |
| FLS Flowserve Corp. | Add +44.3% | 0.40% | +0.12 |
| AGYS Agilysys Inc. | Add +1.7% | 0.37% | +0.12 |
| LION Lionsgate Studios Corp. | New | 0.11% | +0.11 |
| P Everpure Inc. Class A | Add +16.6% | 0.33% | +0.09 |
| SPXC SPX Technologies Inc. | Add +2.9% | 0.49% | +0.09 |
| FROG Jfrog Ltd. | Add +0.7% | 0.41% | +0.08 |
| AEIS Advanced Energy Industries | Add +1.7% | 0.37% | +0.08 |
| MOD Modine Manufacturing Co. | Add +8.0% | 0.37% | +0.08 |
| EVH Evolent Health Inc. Class A | Add +34.9% | 0.24% | +0.07 |
| CCB Coastal Financial Corp. | Add +25.0% | 0.41% | +0.07 |
| CECO Ceco Environmental Corp. | Add +22.6% | 0.25% | +0.07 |
| CFLT Confluent Inc. Class A | Add +29.0% | 0.31% | +0.06 |
| KEX Kirby Corp. | Add +16.9% | 0.38% | +0.06 |
| DBRG Digitalbridge Group Inc. | Add +22.1% | 0.24% | +0.05 |
| CNM Core & Main Inc. Class A | Add +0.7% | 0.41% | +0.05 |
| CYBR Cyberark Software Ltd./Israel | Add +1.6% | 0.47% | +0.05 |
| ONT Onterris Inc. | Add +1.7% | 0.16% | +0.05 |
| AORT Artivion Inc. | Add +1.8% | 0.30% | +0.04 |
| VVV Valvoline Inc. | Add +18.4% | 0.29% | +0.04 |
| RAMP Liveramp Holdings Inc. | Add +3.9% | 0.26% | +0.04 |
| AIR Aar Corp. | Add +1.8% | 0.31% | +0.04 |
| OCUL Ocular Therapeutix Inc. | Add +1.7% | 0.24% | +0.03 |
| PHR Phreesia Inc. | Add +11.8% | 0.28% | +0.03 |
| STVN Stevanato Group SPA | Add +1.6% | 0.33% | +0.03 |
| HAE Haemonetics Corp. | Add +1.8% | 0.37% | +0.03 |
| HQY Healthequity Inc. | Add +2.6% | 0.30% | +0.03 |
| AOSL Alpha & Omega Semiconductor | Add +27.3% | 0.17% | +0.03 |
| BZH Beazer Homes USA Inc. | Add +19.4% | 0.16% | +0.03 |
| ONON On Holding AG Class A | Add +1.5% | 0.29% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 282 | $3.1B | GOOGL, AMZN, NET, CRWD, SNOW |
| Q1 2026 | 290 | $2.7B | AMZN, GOOGL, NET, ARES, NOW |
| Q4 2025 | 293 | $3.3B | GOOGL, AMZN, ARES, NET, CRWD |
| Q3 2025 | 338 | $3.3B | AMZN, GOOGL, NET, ARES, NOW |
| Q2 2025 | 330 | $3.3B | AMZN, NET, ARES, NOW, GOOGL |
| Q1 2025 | 327 | $3.0B | AMZN, ARES, GOOGL, NOW, NET |
| Q4 2024 | 330 | $3.4B | AMZN, ARES, NOW, GOOGL, NET |
| Q3 2024 | 323 | $3.3B | AMZN, ARES, GOOGL, NOW, ISRG |
| Q2 2024 | 325 | $3.4B | AMZN, ARES, GOOGL, NOW, DXCM |
| Q1 2024 | 319 | $3.5B | AMZN, ARES, DXCM, GOOGL, NOW |