Peregrine Capital Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 28, 2026), Peregrine Capital Management LLC reported 293 stock positions worth $3.3 billion. Its top holding was Alphabet Class A (GOOGL) at 4.4% of the portfolio, followed by Amazon.com (AMZN, 4.1%) and Ares Management Class A (ARES, 2.9%). Compared with Q3 2025, it opened 20 new positions, sold out of 65, added to 56 and reduced 183. The biggest buy was a new position in Eli Lilly (LLY) and the biggest sale Alphabet Class C (GOOG, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0000764529
- Portfolio Value
- $3.3B (Q4 2025)
- SEC Filing
- 0000764529-26-000001 ↗ filed Jan 28, 2026
Holdings Value
Holdings 293 stocks · $3.3B
| GOOGL Alphabet Inc. Class A | 4.44% | 462,689 | $144.8M | Reduce -6.4% |
| AMZN Amazon.com Inc. | 4.05% | 572,442 | $132.1M | Reduce -8.8% |
| ARES Ares Management Corp. Class A | 2.94% | 594,104 | $96.0M | Reduce -1.5% |
| NET Cloudflare Inc. Class A | 2.59% | 428,331 | $84.4M | Reduce -10.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 2.16% | 150,434 | $70.5M | Reduce -8.3% |
| NOW ServiceNow Inc. | 2.11% | 449,538 | $68.9M | Reduce -0.2% |
| SNOW Snowflake Inc. | 1.88% | 279,371 | $61.3M | Reduce -4.4% |
| ISRG Intuitive Surgical Inc. | 1.85% | 106,300 | $60.2M | Reduce -0.2% |
| UBER Uber Technologies Inc. | 1.84% | 736,397 | $60.2M | Reduce -0.2% |
| V Visa Inc. Class A | 1.83% | 170,557 | $59.8M | Reduce -0.2% |
| PCOR Procore Technologies Inc. | 1.81% | 809,775 | $58.9M | Reduce -1.6% |
| MA Mastercard Inc. Class A | 1.71% | 97,881 | $55.9M | Reduce -0.2% |
| CSGP Costar Group Inc. | 1.54% | 748,873 | $50.4M | Reduce -1.6% |
| VEEV Veeva Systems Inc. Class A | 1.51% | 220,956 | $49.3M | Reduce -2.0% |
| LLY Eli Lilly & Co. | 1.40% | 42,567 | $45.7M | New |
| DKNG Draftkings Inc. Class A | 1.35% | 1,275,643 | $44.0M | Add +33.3% |
| DXCM Dexcom Inc. | 1.34% | 657,819 | $43.7M | Add +23.9% |
| EXAS Exact Sciences Corp. | 1.33% | 427,748 | $43.4M | Reduce -52.1% |
| PLNT Planet Fitness Inc. Class A | 1.23% | 369,105 | $40.0M | Reduce -0.2% |
| WDAY Workday Inc. Class A | 1.13% | 172,060 | $37.0M | Reduce -0.3% |
| RDDT Reddit Inc. Class A | 1.06% | 149,981 | $34.5M | New |
| FLUT Flutter Entertainment PLC-Di | 1.00% | 150,979 | $32.5M | Add +34.2% |
| MNDY Monday.com Ltd. | 0.84% | 186,725 | $27.6M | Reduce -0.4% |
| CDNS Cadence Design SYS Inc. | 0.83% | 86,346 | $27.0M | Reduce -0.2% |
| SNPS Synopsys Inc. | 0.71% | 49,496 | $23.2M | Reduce -1.9% |
| DUOL Duolingo | 0.70% | 129,515 | $22.7M | Add +50.3% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.63% | 539,228 | $20.5M | Reduce -0.3% |
| TEAM Atlassian Corp. Class A | 0.61% | 122,698 | $19.9M | Reduce -0.3% |
| SPXC SPX Technologies Inc. | 0.59% | 95,681 | $19.1M | Add +0.3% |
| SYNA Synaptics Inc. | 0.55% | 243,815 | $18.0M | Reduce -2.6% |
| FROG Jfrog Ltd. | 0.52% | 273,142 | $17.1M | Reduce -9.2% |
| SF Stifel Financial Corp. | 0.52% | 135,653 | $17.0M | Reduce -12.6% |
| ESI Element Solutions Inc. | 0.51% | 668,857 | $16.7M | Reduce -1.2% |
| CCB Coastal Financial Corp. | 0.51% | 145,706 | $16.7M | Reduce -1.3% |
| AEIS Advanced Energy Industries | 0.50% | 77,323 | $16.2M | Reduce -9.7% |
| FTI Technipfmc PLC | 0.49% | 361,468 | $16.1M | Add +3.2% |
| PATK Patrick Industries Inc. | 0.47% | 142,108 | $15.4M | Reduce -2.8% |
| PTC PTC Inc. | 0.47% | 87,448 | $15.2M | Add +5.7% |
| FLS Flowserve Corp. | 0.45% | 212,346 | $14.7M | Reduce -7.0% |
| CWAN Clearwater Analytics HDS-A | 0.45% | 607,253 | $14.6M | Add +7.4% |
| MTSI Macom Technology Solutions H | 0.44% | 83,501 | $14.3M | New |
| CIEN Ciena Corp. | 0.44% | 60,837 | $14.2M | Reduce -50.7% |
| ESNT Essent Group Ltd. | 0.43% | 216,634 | $14.1M | Reduce -2.7% |
| WMS Advanced Drainage Systems Inc. | 0.43% | 96,720 | $14.0M | Reduce -10.6% |
| EVR Evercore Inc. Class A | 0.43% | 40,846 | $13.9M | Add +10.1% |
| BCC Boise Cascade Co. | 0.42% | 187,259 | $13.8M | Add +33.3% |
| KEX Kirby Corp. | 0.42% | 123,333 | $13.6M | Reduce -5.8% |
| AORT Artivion Inc. | 0.41% | 295,721 | $13.5M | Reduce -5.8% |
| AGYS Agilysys Inc. | 0.41% | 113,447 | $13.5M | Add +9.8% |
| SKWD Skyward Specialty Insurance | 0.41% | 261,689 | $13.4M | Reduce -2.5% |
| VRRM Verra Mobility Corp. | 0.41% | 596,444 | $13.4M | Add +7.5% |
| BOX Box Inc. Class A | 0.41% | 446,849 | $13.4M | Reduce -2.4% |
| STLD Steel Dynamics Inc. | 0.41% | 78,836 | $13.4M | Add +10.7% |
| FTAI Ftai Aviation Ltd. | 0.41% | 67,735 | $13.3M | Reduce -17.4% |
| BOOT Boot Barn Holdings Inc. | 0.41% | 75,280 | $13.3M | Add +3.3% |
| BURL Burlington Stores Inc. | 0.41% | 45,983 | $13.3M | Reduce -3.6% |
| LITE Lumentum Holdings Inc. | 0.41% | 36,024 | $13.3M | Reduce -45.6% |
| OLLI Ollie's Bargain Outlet Holdi | 0.41% | 120,733 | $13.2M | Add +21.2% |
| SKY Champion Homes Inc. | 0.40% | 154,565 | $13.1M | Reduce -1.3% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.40% | 280,421 | $13.0M | Add +0.8% |
| WAY Waystar Holding Corp. | 0.39% | 386,706 | $12.7M | Add +8.6% |
| KTOS Kratos Defense & Security | 0.39% | 166,068 | $12.6M | Reduce -8.3% |
| TFIN Triumph Financial Inc. | 0.38% | 197,608 | $12.4M | Add +7.8% |
| ACA Arcosa Inc. | 0.38% | 115,038 | $12.2M | Add +13.7% |
| MOD Modine Manufacturing Co. | 0.37% | 90,061 | $12.0M | Reduce -7.6% |
| ROAD Construction Partners Inc. Class A | 0.37% | 110,751 | $12.0M | Reduce -7.1% |
| MYRG MYR Group Inc./Delaware | 0.36% | 54,115 | $11.8M | Reduce -8.9% |
| ESE Esco Technologies Inc. | 0.36% | 59,875 | $11.7M | Reduce -0.9% |
| JBTM JBT Marel Corp. | 0.36% | 77,076 | $11.6M | Reduce -1.3% |
| ZWS Zurn Elkay Water Solutions C | 0.36% | 249,661 | $11.6M | Reduce -1.2% |
| GBCI Glacier Bancorp Inc. | 0.35% | 256,997 | $11.3M | Add +11.0% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.34% | 248,394 | $11.0M | Reduce -1.3% |
| AIR Aar Corp. | 0.34% | 132,344 | $11.0M | Reduce -1.2% |
| CECO Ceco Environmental Corp. | 0.34% | 182,755 | $10.9M | Reduce -21.6% |
| PFGC Performance Food Group Co. | 0.33% | 121,375 | $10.9M | Add +5.2% |
| FCFS Firstcash Holdings Inc. | 0.33% | 68,377 | $10.9M | New |
| PAR Par Technology Corp. | 0.33% | 299,411 | $10.9M | Add +8.8% |
| MRCY Mercury Systems Inc. | 0.32% | 142,178 | $10.4M | Add +6562.5% |
| LGN Legence Corp. Class A | 0.32% | 240,889 | $10.4M | Reduce -6.0% |
| SSNC Ss&c Technologies Holdings | 0.32% | 118,531 | $10.4M | Add +4.9% |
| AVPT Avepoint Inc. | 0.32% | 745,988 | $10.4M | New |
| QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC | 0.32% | 143,243 | $10.3M | Add +48.7% |
| DY Dycom Industries Inc. | 0.31% | 30,179 | $10.2M | Reduce -40.6% |
| ZETA Zeta Global Holdings Corp. Class A | 0.31% | 499,058 | $10.2M | Reduce -1.3% |
| CELH Celsius Holdings Inc. | 0.31% | 221,483 | $10.1M | Add +20.7% |
| FORM Formfactor Inc. | 0.31% | 181,590 | $10.1M | Reduce -12.6% |
| PLMR Palomar Holdings Inc. | 0.31% | 74,906 | $10.1M | Reduce -1.3% |
| IRTC Irhythm Holdings Inc. | 0.31% | 56,868 | $10.1M | Reduce -2.1% |
| DBRG Digitalbridge Group Inc. | 0.31% | 657,470 | $10.1M | Reduce -11.2% |
| KBR KBR Inc. | 0.31% | 250,388 | $10.1M | Reduce -1.9% |
| HQY Healthequity Inc. | 0.31% | 108,753 | $10.0M | Add +5.9% |
| AAON Aaon Inc. | 0.30% | 129,079 | $9.8M | Reduce -8.4% |
| TER Teradyne Inc. | 0.30% | 50,770 | $9.8M | Reduce -27.7% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.30% | 144,196 | $9.7M | Add +6.5% |
| STVN Stevanato Group SPA | 0.30% | 479,011 | $9.6M | Reduce -1.5% |
| ITRI Itron Inc. | 0.29% | 103,474 | $9.6M | Add +19.3% |
| NTNX Nutanix Inc. Class A | 0.29% | 183,568 | $9.5M | Add +18.5% |
| MIR Mirion Technologies Inc. | 0.29% | 403,124 | $9.4M | Reduce -9.0% |
| VRNS Varonis Systems Inc. | 0.28% | 283,367 | $9.3M | Add +8.6% |
| TWST Twist Bioscience Corp. | 0.28% | 288,283 | $9.1M | Reduce -1.3% |
Portfolio Sells Q3 2025 → Q4 2025
| GOOG Alphabet Inc. Class C | Reduce -99.9% | 0.00% | −0.59 |
| VEEV Veeva Systems Inc. Class A | Reduce -2.0% | 1.51% | −0.51 |
| NET Cloudflare Inc. Class A | Reduce -10.4% | 2.59% | −0.50 |
| CSGP Costar Group Inc. | Reduce -1.6% | 1.54% | −0.39 |
| NOW ServiceNow Inc. | Reduce -0.2% | 2.11% | −0.38 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −0.35 |
| UBER Uber Technologies Inc. | Reduce -0.2% | 1.84% | −0.33 |
| BRSL Brightstar Lottery PLC | Sold out | 0.00% | −0.31 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.28 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.26 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -8.3% | 2.16% | −0.26 |
| FOLD Amicus Therapeutics Inc. | Sold out | 0.00% | −0.26 |
| MNDY Monday.com Ltd. | Reduce -0.4% | 0.84% | −0.25 |
| PHR Phreesia Inc. | Sold out | 0.00% | −0.22 |
| DVAX Dynavax Technologies Corp. | Sold out | 0.00% | −0.20 |
| AGIO Agios Pharmaceuticals Inc. | Sold out | 0.00% | −0.20 |
| CACI Caci International Inc. Class A | Reduce -99.7% | 0.00% | −0.20 |
| BWIN Baldwin Insurance Group Inc./ | Sold out | 0.00% | −0.19 |
| STKL Sunopta Inc. | Sold out | 0.00% | −0.19 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.19 |
| OGN Organon & Co. | Sold out | 0.00% | −0.17 |
| TTD Trade Desk Inc./the Class A | Reduce -0.3% | 0.63% | −0.17 |
| PCH Potlatchdeltic Corp. | Sold out | 0.00% | −0.15 |
| EXAS Exact Sciences Corp. | Reduce -52.1% | 1.33% | −0.14 |
| SCSC Scansource Inc. | Sold out | 0.00% | −0.14 |
| DY Dycom Industries Inc. | Reduce -40.6% | 0.31% | −0.13 |
| WNC Wabash National Corp. | Reduce -63.2% | 0.06% | −0.13 |
| WDAY Workday Inc. Class A | Reduce -0.3% | 1.13% | −0.12 |
| KTOS Kratos Defense & Security | Reduce -8.3% | 0.39% | −0.11 |
| SNOW Snowflake Inc. | Reduce -4.4% | 1.88% | −0.11 |
| CIEN Ciena Corp. | Reduce -50.7% | 0.44% | −0.10 |
| EVH Evolent Health Inc. Class A | Reduce -2.0% | 0.09% | −0.10 |
| AMZN Amazon.com Inc. | Reduce -8.8% | 4.05% | −0.10 |
| AAON Aaon Inc. | Reduce -8.4% | 0.30% | −0.09 |
| R Ryder System Inc. | Reduce -33.5% | 0.19% | −0.09 |
| CDNS Cadence Design SYS Inc. | Reduce -0.2% | 0.83% | −0.09 |
| ROAD Construction Partners Inc. Class A | Reduce -7.1% | 0.37% | −0.09 |
| STVN Stevanato Group SPA | Reduce -1.5% | 0.30% | −0.08 |
| AOSL Alpha & Omega Semiconductor | Reduce -20.1% | 0.11% | −0.08 |
| THRY Thryv Holdings Inc. | Reduce -4.7% | 0.07% | −0.08 |
| CYBR Cyberark Software Ltd./Israel | Reduce -14.0% | 0.28% | −0.07 |
| PHIN Phinia Inc. | Reduce -30.1% | 0.20% | −0.06 |
| PENG Penguin Solutions Inc. | Reduce -4.7% | 0.15% | −0.06 |
| GNRC Generac Holdings Inc. | Reduce -2.2% | 0.24% | −0.06 |
| KBR KBR Inc. | Reduce -1.9% | 0.31% | −0.05 |
| MTZ Mastec Inc. | Reduce -98.2% | 0.00% | −0.05 |
| CC The Chemours Co. | Reduce -4.7% | 0.13% | −0.05 |
| VVV Valvoline Inc. | Reduce -1.2% | 0.22% | −0.05 |
| MOD Modine Manufacturing Co. | Reduce -7.6% | 0.37% | −0.05 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -9.3% | 0.25% | −0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| LLY Eli Lilly & Co. | New | 1.40% | +1.40 |
| RDDT Reddit Inc. Class A | New | 1.06% | +1.06 |
| MTSI Macom Technology Solutions H | New | 0.44% | +0.44 |
| FCFS Firstcash Holdings Inc. | New | 0.33% | +0.33 |
| AVPT Avepoint Inc. | New | 0.32% | +0.32 |
| MRCY Mercury Systems Inc. | Add +6562.5% | 0.32% | +0.31 |
| DKNG Draftkings Inc. Class A | Add +33.3% | 1.35% | +0.27 |
| DXCM Dexcom Inc. | Add +23.9% | 1.34% | +0.26 |
| DAVE Dave Inc. | New | 0.26% | +0.26 |
| XENE Xenon Pharmaceuticals Inc. | New | 0.24% | +0.24 |
| SHLS Shoals Technologies Group -A | New | 0.20% | +0.20 |
| BRKR Bruker Corp. | Add +27660.8% | 0.20% | +0.20 |
| BRCB Black Rock Coffee Bar Inc. Class A | New | 0.19% | +0.19 |
| GPCR Structure Therapeutics Inc. | New | 0.18% | +0.18 |
| SEZL Sezzle Inc. | New | 0.17% | +0.17 |
| MIDD Middleby Corp. | Add +31927.3% | 0.16% | +0.16 |
| DCH Dauch Corporation | New | 0.15% | +0.15 |
| OMCL Omnicell Inc. | New | 0.15% | +0.15 |
| SNEX Stonex Group Inc. | New | 0.14% | +0.14 |
| CWAN Clearwater Analytics HDS-A | Add +7.4% | 0.45% | +0.14 |
| FLUT Flutter Entertainment PLC-Di | Add +34.2% | 1.00% | +0.14 |
| LIVN Livanova PLC | New | 0.12% | +0.12 |
| STLD Steel Dynamics Inc. | Add +10.7% | 0.41% | +0.11 |
| MGPI MGP Ingredients Inc. | New | 0.11% | +0.11 |
| QTWO Q2 Holdings Inc. | Add +48.7% | 0.32% | +0.11 |
| TFIN Triumph Financial Inc. | Add +7.8% | 0.38% | +0.10 |
| BCC Boise Cascade Co. | Add +33.3% | 0.42% | +0.10 |
| FLOC Flowco Holdings Inc. Class A | Add +16.1% | 0.28% | +0.09 |
| ACA Arcosa Inc. | Add +13.7% | 0.38% | +0.09 |
| AGYS Agilysys Inc. | Add +9.8% | 0.41% | +0.09 |
| FTI Technipfmc PLC | Add +3.2% | 0.49% | +0.08 |
| HAE Haemonetics Corp. | New | 0.07% | +0.07 |
| SPXC SPX Technologies Inc. | Add +0.3% | 0.59% | +0.05 |
| EVR Evercore Inc. Class A | Add +10.1% | 0.43% | +0.05 |
| ONON On Holding AG Class A | Add +0.8% | 0.40% | +0.04 |
| BOOT Boot Barn Holdings Inc. | Add +3.3% | 0.41% | +0.04 |
| ASO Academy Sports & Outdoors Inc. | Add +11.4% | 0.25% | +0.03 |
| NCNO Ncino Inc. | Add +16.6% | 0.27% | +0.03 |
| OLLI Ollie's Bargain Outlet Holdi | Add +21.2% | 0.41% | +0.02 |
| AVA Avista Corp. | Add +8.2% | 0.16% | +0.02 |
| SSNC Ss&c Technologies Holdings | Add +4.9% | 0.32% | +0.02 |
| CBT Cabot Corp. | Add +24.7% | 0.16% | +0.02 |
| SWX Southwest Gas Holdings Inc. | Add +4.4% | 0.16% | +0.01 |
| XRN Chiron Real Estate Inc. | Add +6.6% | 0.16% | +0.01 |
| HQY Healthequity Inc. | Add +5.9% | 0.31% | +0.01 |
| FUL H.B. Fuller Co. | Add +3.0% | 0.16% | +0.01 |
| GBCI Glacier Bancorp Inc. | Add +11.0% | 0.35% | +0.01 |
| RWT Redwood Trust Inc. | Add +7.5% | 0.16% | +0.01 |
| PAR Par Technology Corp. | Add +8.8% | 0.33% | +0.01 |
| NSA National Storage Affiliates | Add +7.6% | 0.15% | +0.00 |
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 |