Riverbridge Partners LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 21, 2025), Riverbridge Partners LLC reported 180 stock positions worth $6.2 billion. Its top holding was Grand Canyon Education (LOPE) at 3.5% of the portfolio, followed by Heico (HEI, 3.5%) and Nvidia (NVDA, 3.3%). Compared with Q4 2024, it opened 11 new positions, sold out of 10, added to 64 and reduced 99. The biggest buy was a new position in Agilysys (AGYS) and the biggest sale Globant (GLOB, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0001112325
- Portfolio Value
- $6.2B (Q1 2025)
- SEC Filing
- 0001112325-25-000009 ↗ filed Apr 21, 2025
Holdings Value
Holdings 180 stocks · $6.2B
| LOPE Grand Canyon Education Inc. | 3.52% | 1,268,525 | $219.5M | Reduce -11.2% |
| HEI Heico Corp. | 3.46% | 806,314 | $215.4M | Reduce -7.0% |
| NVDA Nvidia Corp. | 3.34% | 1,920,125 | $208.1M | Reduce -2.9% |
| MSFT Microsoft Corp. | 3.31% | 550,284 | $206.6M | Reduce -2.1% |
| RBA RB Global Inc. | 3.30% | 2,052,476 | $205.9M | Reduce -8.0% |
| TYL Tyler Technologies Inc. | 2.81% | 301,671 | $175.4M | Reduce -4.5% |
| CSGP Costar Group Inc. | 2.37% | 1,866,345 | $147.9M | Reduce -4.0% |
| MEDP Medpace Holdings Inc. | 2.35% | 481,126 | $146.6M | Reduce -7.0% |
| KNSL Kinsale Capital Group Inc. | 2.27% | 290,816 | $141.5M | Reduce -5.1% |
| ENSG The Ensign Group Inc. | 2.23% | 1,073,069 | $138.9M | Reduce -4.9% |
| PCTY Paylocity Holding Corp. | 2.10% | 700,362 | $131.2M | Reduce -2.9% |
| AMZN Amazon.com Inc. | 2.05% | 672,825 | $128.0M | Reduce -1.6% |
| GLOB Globant SA | 1.99% | 1,056,071 | $124.3M | Reduce -7.7% |
| PRVA Privia Health Group Inc. | 1.99% | 5,517,670 | $123.9M | Reduce -5.3% |
| ROL Rollins Inc. | 1.97% | 2,273,095 | $122.8M | Reduce -5.3% |
| WK Workiva Inc. | 1.87% | 1,536,450 | $116.6M | Reduce -6.7% |
| PAYC Paycom Software Inc. | 1.78% | 506,846 | $110.7M | Reduce -4.7% |
| ANSS Ansys Inc. | 1.68% | 330,726 | $104.7M | Reduce -5.0% |
| FAST Fastenal Co. | 1.67% | 1,342,119 | $104.1M | Reduce -1.4% |
| VRSK Verisk Analytics Inc. | 1.59% | 332,564 | $99.0M | Reduce -6.0% |
| WST West Pharmaceutical Services | 1.47% | 408,406 | $91.4M | Reduce -6.2% |
| SPGI S&P Global Inc. | 1.40% | 172,252 | $87.5M | Reduce -1.6% |
| VEEV Veeva Systems Inc. Class A | 1.38% | 370,927 | $85.9M | Reduce -1.3% |
| FRPT Freshpet Inc. | 1.37% | 1,026,829 | $85.4M | Add +18.0% |
| FND Floor & Decor Holdings Inc. Class A | 1.37% | 1,060,696 | $85.4M | Reduce -7.9% |
| FIVE Five Below | 1.36% | 1,129,241 | $84.6M | Reduce -6.1% |
| NOW ServiceNow Inc. | 1.35% | 105,583 | $84.1M | Reduce -1.3% |
| ADI Analog Devices Inc. | 1.34% | 413,531 | $83.4M | Reduce -1.3% |
| KAI Kadant Inc. | 1.34% | 247,189 | $83.3M | Reduce -9.2% |
| GWRE Guidewire Software Inc. | 1.28% | 425,773 | $79.8M | Reduce -53.0% |
| CRM Salesforce Inc. | 1.28% | 297,178 | $79.8M | Reduce -1.7% |
| SPSC SPS Commerce Inc. | 1.26% | 592,704 | $78.7M | Reduce -9.0% |
| UNH Unitedhealth Group Inc. | 1.19% | 142,019 | $74.4M | Reduce -3.0% |
| DSGX The Descartes Systems Grp | 1.18% | 730,524 | $73.7M | Reduce -8.8% |
| DOCS Doximity Inc. Class A | 1.01% | 1,081,313 | $62.7M | Reduce -8.8% |
| V Visa Inc. Class A | 0.96% | 170,548 | $59.8M | Reduce -1.7% |
| ALRM Alarm.com Holdings Inc. | 0.90% | 1,011,984 | $56.3M | Reduce -8.5% |
| GDDY GoDaddy Inc. Class A | 0.89% | 307,305 | $55.4M | Reduce -9.7% |
| DHR Danaher Corp. | 0.88% | 266,986 | $54.7M | Reduce -1.6% |
| RGEN Repligen Corp. | 0.86% | 422,102 | $53.7M | Reduce -7.3% |
| TSLA Tesla Inc. | 0.85% | 205,568 | $53.3M | Reduce -3.5% |
| NFLX Netflix Inc. | 0.85% | 56,939 | $53.1M | Reduce -1.6% |
| WSO Watsco Inc. | 0.84% | 103,523 | $52.6M | Reduce -8.8% |
| BL Blackline Inc. | 0.84% | 1,078,004 | $52.2M | Reduce -8.4% |
| OPCH Option Care Health Inc. | 0.81% | 1,448,855 | $50.6M | Reduce -2.9% |
| GOOGL Alphabet Inc. Class A | 0.81% | 327,052 | $50.6M | Reduce -4.2% |
| SSD Simpson Manufacturing Co. Inc. | 0.81% | 321,579 | $50.5M | Reduce -8.7% |
| SBUX Starbucks Corp. | 0.80% | 505,519 | $49.6M | Reduce -0.9% |
| EXPO Exponent Inc. | 0.77% | 595,350 | $48.3M | Reduce -8.8% |
| CCC CCC Intelligent Solutions Ho | 0.77% | 5,320,713 | $48.0M | Reduce -9.8% |
| ACVA Acv Auctions Inc. Class A | 0.76% | 3,381,917 | $47.7M | Reduce -11.1% |
| PYCR Paycor HCM Inc. | 0.75% | 2,087,850 | $46.9M | Reduce -7.3% |
| ALKT Alkami Technology Inc. | 0.71% | 1,686,491 | $44.3M | Reduce -10.8% |
| CHE Chemed Corp. | 0.71% | 71,519 | $44.0M | Reduce -8.7% |
| IDXX Idexx Laboratories Inc. | 0.69% | 102,492 | $43.0M | Reduce -0.9% |
| CTAS Cintas Corp. | 0.68% | 206,647 | $42.5M | Add +1.7% |
| GDYN Grid Dynamics Holdings Inc. | 0.65% | 2,594,046 | $40.6M | Reduce -9.1% |
| GOOG Alphabet Inc. Class C | 0.65% | 257,938 | $40.3M | Add +1.5% |
| TOST Toast Inc. Class A | 0.62% | 1,173,433 | $38.9M | Reduce -9.8% |
| CGNX Cognex Corp. | 0.59% | 1,240,159 | $37.0M | Reduce -7.0% |
| TECH Bio-Techne Corp. | 0.58% | 620,453 | $36.4M | Reduce -9.7% |
| ALGN Align Technology Inc. | 0.58% | 227,548 | $36.1M | Reduce -3.7% |
| MSI Motorola Solutions Inc. | 0.57% | 81,351 | $35.6M | Reduce -1.1% |
| FICO Fair Isaac Corp. | 0.55% | 18,515 | $34.1M | Reduce -0.9% |
| KRNT Kornit Digital Ltd. | 0.54% | 1,758,975 | $33.6M | Reduce -8.7% |
| CRL Charles River Laboratories | 0.54% | 222,734 | $33.5M | Reduce -7.0% |
| DV Doubleverify Holdings Inc. | 0.53% | 2,481,356 | $33.2M | Reduce -7.5% |
| AGYS Agilysys Inc. | 0.53% | 453,717 | $32.9M | New |
| GSHD Goosehead Insurance Inc. Class A | 0.52% | 277,133 | $32.7M | Reduce -8.8% |
| CSW CSW Industrials Inc. | 0.51% | 109,357 | $31.9M | Reduce -8.6% |
| GKOS Glaukos Corp. | 0.45% | 285,462 | $28.1M | Reduce -8.8% |
| ENTG Entegris Inc. | 0.45% | 318,239 | $27.8M | Reduce -9.0% |
| WSC Willscot Holdings Corp. | 0.42% | 941,315 | $26.2M | Reduce -8.5% |
| HLMN Hillman Solutions Corp. | 0.41% | 2,906,688 | $25.5M | Reduce -8.8% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.39% | 132,201 | $24.1M | Reduce -8.2% |
| POWI Power Integrations Inc. | 0.38% | 472,794 | $23.9M | Reduce -8.6% |
| PNTG The Pennant Group Inc. | 0.37% | 928,611 | $23.4M | Reduce -8.1% |
| RIVBX Riverbridge Growth-Inst | 0.34% | 656,967 | $21.2M | Add +3.9% |
| INSP Inspire Medical Systems Inc. | 0.34% | 132,391 | $21.1M | Reduce -6.8% |
| USPH U.S. Physical Therapy Inc. | 0.33% | 283,261 | $20.5M | Reduce -8.7% |
| CERT Certara Inc. | 0.33% | 2,048,519 | $20.3M | Reduce -5.4% |
| STVN Stevanato Group SPA | 0.32% | 967,030 | $19.7M | Reduce -5.7% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.29% | 336,074 | $18.4M | Reduce -4.2% |
| TRNS Transcat Inc. | 0.27% | 226,820 | $16.9M | Reduce -7.4% |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 0.27% | 1,378,620 | $16.8M | Reduce -4.8% |
| PHR Phreesia Inc. | 0.26% | 634,396 | $16.2M | Reduce -7.2% |
| NEOG Neogen Corp. | 0.22% | 1,547,646 | $13.4M | Reduce -7.2% |
| KIDS Orthopediatrics Corp. | 0.15% | 372,478 | $9.2M | Reduce -4.7% |
| VXF Vanguard Extended Market ETF | 0.14% | 49,801 | $8.6M | Reduce -10.5% |
| AAPL Apple Inc. | 0.12% | 32,532 | $7.2M | Add +1.1% |
| LIN Linde PLC | 0.10% | 12,987 | $6.0M | Add +3.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.07% | 35,394 | $4.3M | Add +3.0% |
| EFX Equifax Inc. | 0.07% | 17,199 | $4.2M | Add +2.5% |
| VFIAX Vanguard 500 Index-Adm | 0.06% | 7,195 | $3.7M | Reduce -5.8% |
| IVV iShares Core S&P 500 ETF | 0.06% | 6,467 | $3.6M | Reduce -41.5% |
| ECL Ecolab Inc. | 0.06% | 13,613 | $3.5M | Reduce -2.9% |
| IWO iShares Russell 2000 Growth | 0.05% | 13,381 | $3.4M | Add +20.9% |
| WMT Walmart Inc. | 0.05% | 34,486 | $3.0M | Add +2.8% |
| SNA Snap-on Inc. | 0.05% | 8,741 | $2.9M | Add +3.0% |
| PG The Procter & Gamble Co. | 0.04% | 15,320 | $2.6M | Add +2.9% |
Portfolio Sells Q4 2024 → Q1 2025
| GLOB Globant SA | Reduce -7.7% | 1.99% | −1.35 |
| GWRE Guidewire Software Inc. | Reduce -53.0% | 1.28% | −0.81 |
| WK Workiva Inc. | Reduce -6.7% | 1.87% | −0.59 |
| WST West Pharmaceutical Services | Reduce -6.2% | 1.47% | −0.48 |
| SPSC SPS Commerce Inc. | Reduce -9.0% | 1.26% | −0.37 |
| FIVE Five Below | Reduce -6.1% | 1.36% | −0.37 |
| ACVA Acv Auctions Inc. Class A | Reduce -11.1% | 0.76% | −0.36 |
| TSLA Tesla Inc. | Reduce -3.5% | 0.85% | −0.32 |
| NVDA Nvidia Corp. | Reduce -2.9% | 3.34% | −0.29 |
| KRNT Kornit Digital Ltd. | Reduce -8.7% | 0.54% | −0.28 |
| TTD Trade Desk Inc./the Class A | Reduce -4.2% | 0.29% | −0.27 |
| ALKT Alkami Technology Inc. | Reduce -10.8% | 0.71% | −0.24 |
| GDYN Grid Dynamics Holdings Inc. | Reduce -9.1% | 0.65% | −0.21 |
| NOW ServiceNow Inc. | Reduce -1.3% | 1.35% | −0.20 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -7.9% | 1.37% | −0.20 |
| GKOS Glaukos Corp. | Reduce -8.8% | 0.45% | −0.19 |
| CCC CCC Intelligent Solutions Ho | Reduce -9.8% | 0.77% | −0.17 |
| DV Doubleverify Holdings Inc. | Reduce -7.5% | 0.53% | −0.17 |
| IWM iShares Russell 2000 ETF | Reduce -95.4% | 0.01% | −0.15 |
| BL Blackline Inc. | Reduce -8.4% | 0.84% | −0.14 |
| CRM Salesforce Inc. | Reduce -1.7% | 1.28% | −0.10 |
| ALGN Align Technology Inc. | Reduce -3.7% | 0.58% | −0.09 |
| TECH Bio-Techne Corp. | Reduce -9.7% | 0.58% | −0.09 |
| TRNS Transcat Inc. | Reduce -7.4% | 0.27% | −0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -4.2% | 0.81% | −0.07 |
| CRL Charles River Laboratories | Reduce -7.0% | 0.54% | −0.07 |
| CSW CSW Industrials Inc. | Reduce -8.6% | 0.51% | −0.06 |
| NEOG Neogen Corp. | Reduce -7.2% | 0.22% | −0.06 |
| DSGX The Descartes Systems Grp | Reduce -8.8% | 1.18% | −0.06 |
| CGNX Cognex Corp. | Reduce -7.0% | 0.59% | −0.06 |
| POWI Power Integrations Inc. | Reduce -8.6% | 0.38% | −0.05 |
| WSC Willscot Holdings Corp. | Reduce -8.5% | 0.42% | −0.05 |
| USPH U.S. Physical Therapy Inc. | Reduce -8.7% | 0.33% | −0.05 |
| IUSG iShares Core S&P U.S. Growth | Reduce -75.8% | 0.01% | −0.04 |
| RGEN Repligen Corp. | Reduce -7.3% | 0.86% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -41.5% | 0.06% | −0.03 |
| GDDY GoDaddy Inc. Class A | Reduce -9.7% | 0.89% | −0.03 |
| PEP Pepsico Inc. | Reduce -86.5% | 0.01% | −0.03 |
| ENTG Entegris Inc. | Reduce -9.0% | 0.45% | −0.03 |
| TOST Toast Inc. Class A | Reduce -9.8% | 0.62% | −0.02 |
| INSP Inspire Medical Systems Inc. | Reduce -6.8% | 0.34% | −0.02 |
| EXPO Exponent Inc. | Reduce -8.8% | 0.77% | −0.02 |
| ALRM Alarm.com Holdings Inc. | Reduce -8.5% | 0.90% | −0.01 |
| HLMN Hillman Solutions Corp. | Reduce -8.8% | 0.41% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -49.1% | 0.02% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -47.4% | 0.02% | −0.01 |
| JAMF Jamf Holding Corp. | Reduce -4.8% | 0.27% | −0.01 |
| INSIGHT SELECT INCOME FUND | Sold out | 0.00% | −0.01 |
| VXF Vanguard Extended Market ETF | Reduce -10.5% | 0.14% | −0.01 |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| AGYS Agilysys Inc. | New | 0.53% | +0.53 |
| CTAS Cintas Corp. | Add +1.7% | 0.68% | +0.17 |
| RIVBX Riverbridge Growth-Inst | Add +3.9% | 0.34% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.03% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +1021.2% | 0.03% | +0.03 |
| LIN Linde PLC | Add +3.3% | 0.10% | +0.03 |
| WIW Western Asst Infl-LNK Opp | New | 0.02% | +0.02 |
| VFL Abrdn National Municipal Inc. | Add +273.6% | 0.02% | +0.01 |
| TJX TJX Companies Inc. | Add +3.0% | 0.07% | +0.01 |
| IWO iShares Russell 2000 Growth | Add +20.9% | 0.05% | +0.01 |
| PAYX Paychex Inc. | Add +2.8% | 0.04% | +0.01 |
| FMN Federated Herm Prem Muni Inc. | Add +111.4% | 0.02% | +0.01 |
| DMB BNY Mellon Muni BND Infra | Add +23.5% | 0.03% | +0.01 |
| EFX Equifax Inc. | Add +2.5% | 0.07% | +0.01 |
| RHHBY Roche Holdings Ltd.-Spons ADR | Add +6.7% | 0.03% | +0.01 |
| JNJ Johnson & Johnson | Add +2.7% | 0.03% | +0.01 |
| SNA Snap-on Inc. | Add +3.0% | 0.05% | +0.01 |
| PG The Procter & Gamble Co. | Add +2.9% | 0.04% | +0.01 |
| WMT Walmart Inc. | Add +2.8% | 0.05% | +0.01 |
| FINS Angel Oak Financ Strat Inc. | Add +10.1% | 0.03% | +0.01 |
| PGZ Principal Real Estate Income | Add +10.1% | 0.02% | +0.01 |
| AAPL Apple Inc. | Add +1.1% | 0.12% | +0.01 |
| RA Brookfield Real Assets Incom | Add +10.3% | 0.03% | +0.01 |
| RFMZ Rivernorth Flex Muni II | Add +10.8% | 0.02% | +0.01 |
| SDHY Pgim SHRT Durat Hi YLD | Add +11.0% | 0.02% | +0.01 |
| LEO BNY Mellon Strategic Muni | Add +8.7% | 0.02% | +0.00 |
| ARCC Ares Capital Corp. | Add +10.4% | 0.02% | +0.00 |
| JHS John Hancock Income Sec TR | Add +12.4% | 0.02% | +0.00 |
| CHGCY Chugai Pharmaceutic-Unsp ADR | New | 0.00% | +0.00 |
| DSM BNYM Strat Muni BND | Add +18.5% | 0.01% | +0.00 |
| HDB HDFC Bank Ltd.-ADR | New | 0.00% | +0.00 |
| NBB Nuveen Taxable Municipal Inc. | Add +13.9% | 0.01% | +0.00 |
| SHEL Shell PLC-ADR | New | 0.00% | +0.00 |
| SAP Sap SE-Sponsored ADR | New | 0.00% | +0.00 |
| SONY Sony Group Corp. - SP ADR | New | 0.00% | +0.00 |
| BBN BlackRock Taxable Muni BND | Add +13.2% | 0.01% | +0.00 |
| MFC Manulife Financial Corp. | New | 0.00% | +0.00 |
| PPT Franklin Premir Inc. Trust-Ui | Add +13.2% | 0.01% | +0.00 |
| BTT BlackRock 2030 Muni TRGT TRM | Add +10.7% | 0.01% | +0.00 |
| DASTY Dassault Systemes S-Spon ADR | New | 0.00% | +0.00 |
| ALIZY Allianz SE - Unsp ADR | Add +41.4% | 0.01% | +0.00 |
| MHD BlackRock Muniholdings Fund | Add +20.5% | 0.01% | +0.00 |
| TSI TCW Strategic Income Fund | Add +10.3% | 0.01% | +0.00 |
| ZS Zscaler Inc. | Add +0.0% | 0.01% | +0.00 |
| BTZ BlackRock Credit Allocation | Add +11.6% | 0.01% | +0.00 |
| VBF Invesco Bond Fund | New | 0.00% | +0.00 |
| PMO Franklin Muncipl Opps Tst-Ui | Add +9.5% | 0.01% | +0.00 |
| AFB Allianceberstein NTL Muni | Add +9.5% | 0.01% | +0.00 |
| DBSDY DBS Group Holdings-Spon ADR | Add +41.3% | 0.01% | +0.00 |
| PNI PIMCO NY Muni Inc. II FND | Add +9.3% | 0.01% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 198 | $3.6B | NVDA, MSFT, HEI, AMZN, RBA |
| Q1 2026 | 192 | $4.1B | NVDA, MSFT, FIVE, RBA, LOPE |
| Q4 2025 | 188 | $5.3B | NVDA, MSFT, HEI, RBA, FIVE |
| Q3 2025 | 186 | $5.9B | NVDA, MSFT, HEI, LOPE, MEDP |
| Q2 2025 | 185 | $6.2B | NVDA, MSFT, HEI, LOPE, RBA |
| Q1 2025 | 180 | $6.2B | LOPE, HEI, NVDA, MSFT, RBA |
| Q4 2024 | 179 | $7.3B | NVDA, GLOB, MSFT, LOPE, HEI |
| Q3 2024 | 182 | $7.5B | NVDA, MSFT, GLOB, HEI, RBA |
| Q2 2024 | 178 | $7.4B | MSFT, NVDA, GLOB, LOPE, HEI |
| Q1 2024 | 174 | $8.2B | GLOB, MSFT, RBA, MEDP, NVDA |