Riverbridge Partners LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), Riverbridge Partners LLC reported 186 stock positions worth $5.9 billion. Its top holding was Nvidia (NVDA) at 5.4% of the portfolio, followed by Microsoft (MSFT, 4.5%) and Heico (HEI, 3.6%). Compared with Q2 2025, it opened 11 new positions, sold out of 10, added to 49 and reduced 109. The biggest buy was a new position in Synopsys (SNPS) and the biggest sale an exit from Ansys (ANSS).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0001112325
- Portfolio Value
- $5.9B (Q3 2025)
- SEC Filing
- 0001112325-25-000016 ↗ filed Oct 14, 2025
Holdings Value
Holdings 186 stocks · $5.9B
| NVDA Nvidia Corp. | 5.43% | 1,724,831 | $321.8M | Reduce -6.3% |
| MSFT Microsoft Corp. | 4.51% | 516,182 | $267.4M | Reduce -3.6% |
| HEI Heico Corp. | 3.56% | 653,205 | $210.9M | Reduce -8.4% |
| LOPE Grand Canyon Education Inc. | 3.53% | 953,066 | $209.2M | Reduce -13.7% |
| MEDP Medpace Holdings Inc. | 3.17% | 365,088 | $187.7M | Reduce -15.9% |
| RBA RB Global Inc. | 3.04% | 1,662,763 | $180.2M | Reduce -5.9% |
| FIVE Five Below | 2.50% | 959,148 | $148.4M | Reduce -6.6% |
| TYL Tyler Technologies Inc. | 2.37% | 268,627 | $140.5M | Reduce -4.7% |
| CSGP Costar Group Inc. | 2.36% | 1,659,183 | $140.0M | Reduce -5.4% |
| AMZN Amazon.com Inc. | 2.34% | 632,358 | $138.8M | Reduce -3.3% |
| ENSG The Ensign Group Inc. | 2.22% | 763,132 | $131.8M | Reduce -12.2% |
| KNSL Kinsale Capital Group Inc. | 2.08% | 290,524 | $123.5M | Add +11.1% |
| FAST Fastenal Co. | 2.07% | 2,507,250 | $123.0M | Reduce -4.2% |
| ROL Rollins Inc. | 1.98% | 2,001,848 | $117.6M | Reduce -5.3% |
| PRVA Privia Health Group Inc. | 1.95% | 4,633,867 | $115.4M | Reduce -6.3% |
| WK Workiva Inc. | 1.88% | 1,290,870 | $111.1M | Reduce -6.2% |
| VEEV Veeva Systems Inc. Class A | 1.75% | 349,071 | $104.0M | Reduce -3.4% |
| ADI Analog Devices Inc. | 1.61% | 388,514 | $95.5M | Reduce -3.4% |
| WST West Pharmaceutical Services | 1.60% | 362,540 | $95.1M | Reduce -5.5% |
| PAYC Paycom Software Inc. | 1.56% | 444,764 | $92.6M | Reduce -5.4% |
| PCTY Paylocity Holding Corp. | 1.55% | 575,762 | $91.7M | Reduce -7.4% |
| NOW ServiceNow Inc. | 1.54% | 99,029 | $91.1M | Reduce -3.6% |
| TSLA Tesla Inc. | 1.41% | 188,198 | $83.7M | Reduce -5.4% |
| SPGI S&P Global Inc. | 1.33% | 161,470 | $78.6M | Reduce -3.5% |
| VRSK Verisk Analytics Inc. | 1.32% | 310,275 | $78.0M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 1.26% | 308,340 | $75.0M | Reduce -3.2% |
| FND Floor & Decor Holdings Inc. Class A | 1.14% | 914,037 | $67.4M | Reduce -5.3% |
| GWRE Guidewire Software Inc. | 1.10% | 283,520 | $65.2M | Reduce -5.0% |
| FRPT Freshpet Inc. | 1.08% | 1,157,289 | $63.8M | Reduce -8.5% |
| NFLX Netflix Inc. | 1.06% | 52,570 | $63.0M | Reduce -4.3% |
| IDXX Idexx Laboratories Inc. | 1.03% | 95,433 | $61.0M | Reduce -3.9% |
| KAI Kadant Inc. | 1.00% | 198,383 | $59.0M | Reduce -8.0% |
| GOOG Alphabet Inc. Class C | 1.00% | 242,205 | $59.0M | Reduce -3.9% |
| CCC CCC Intelligent Solutions Ho | 0.95% | 6,190,816 | $56.4M | Reduce -7.6% |
| ALKT Alkami Technology Inc. | 0.94% | 2,250,685 | $55.9M | Add +7.2% |
| DSGX The Descartes Systems Grp | 0.94% | 588,745 | $55.5M | Reduce -7.7% |
| V Visa Inc. Class A | 0.92% | 159,314 | $54.4M | Reduce -3.9% |
| GLOB Globant SA | 0.86% | 891,589 | $51.2M | Reduce -7.4% |
| TECH Bio-Techne Corp. | 0.85% | 906,442 | $50.4M | Reduce -5.1% |
| DHR Danaher Corp. | 0.84% | 250,247 | $49.6M | Reduce -3.8% |
| SPSC SPS Commerce Inc. | 0.83% | 471,225 | $49.1M | Reduce -9.1% |
| GKOS Glaukos Corp. | 0.78% | 569,644 | $46.5M | Add +41.0% |
| RGEN Repligen Corp. | 0.77% | 343,435 | $45.9M | Reduce -6.7% |
| CGNX Cognex Corp. | 0.77% | 1,012,657 | $45.9M | Reduce -6.8% |
| UNH Unitedhealth Group Inc. | 0.77% | 132,583 | $45.8M | Reduce -3.4% |
| CRM Salesforce Inc. | 0.74% | 185,768 | $44.0M | Reduce -3.7% |
| SSD Simpson Manufacturing Co. Inc. | 0.74% | 261,977 | $43.9M | Reduce -7.0% |
| ALRM Alarm.com Holdings Inc. | 0.73% | 815,440 | $43.3M | Reduce -7.6% |
| ENTG Entegris Inc. | 0.69% | 443,532 | $41.0M | Add +62.7% |
| DOCS Doximity Inc. Class A | 0.69% | 555,184 | $40.6M | Reduce -40.9% |
| OPCH Option Care Health Inc. | 0.68% | 1,446,956 | $40.2M | Add +14.3% |
| SBUX Starbucks Corp. | 0.68% | 473,552 | $40.1M | Reduce -3.8% |
| AGYS Agilysys Inc. | 0.67% | 377,091 | $39.7M | Reduce -5.1% |
| CTAS Cintas Corp. | 0.67% | 193,258 | $39.7M | Reduce -4.0% |
| BL Blackline Inc. | 0.65% | 720,617 | $38.3M | Reduce -7.5% |
| ACVA Acv Auctions Inc. Class A | 0.60% | 3,567,434 | $35.4M | Add +18.6% |
| MSI Motorola Solutions Inc. | 0.60% | 77,285 | $35.3M | Reduce -3.9% |
| TOST Toast Inc. Class A | 0.59% | 962,752 | $35.2M | Reduce -7.0% |
| CSW CSW Industrials Inc. | 0.59% | 144,208 | $35.0M | Add +27.1% |
| WSO Watsco Inc. | 0.59% | 86,349 | $34.9M | Reduce -6.8% |
| GDDY GoDaddy Inc. Class A | 0.58% | 253,371 | $34.7M | Reduce -7.0% |
| EXPO Exponent Inc. | 0.57% | 483,015 | $33.6M | Reduce -7.7% |
| TRNS Transcat Inc. | 0.50% | 407,213 | $29.8M | Reduce -7.6% |
| SNPS Synopsys Inc. | 0.45% | 54,081 | $26.7M | New |
| CWAN Clearwater Analytics HDS-A | 0.45% | 1,468,140 | $26.5M | Reduce -8.8% |
| FICO Fair Isaac Corp. | 0.44% | 17,273 | $25.8M | Reduce -4.1% |
| CHE Chemed Corp. | 0.43% | 56,975 | $25.5M | Reduce -8.1% |
| RIVBX Riverbridge Growth-Inst | 0.42% | 661,445 | $25.1M | Reduce -0.0% |
| DV Doubleverify Holdings Inc. | 0.41% | 2,044,188 | $24.5M | Reduce -7.4% |
| ALGN Align Technology Inc. | 0.41% | 193,232 | $24.2M | Reduce -9.5% |
| HLMN Hillman Solutions Corp. | 0.36% | 2,319,134 | $21.3M | Reduce -6.8% |
| CASY Casey's General Stores Inc. | 0.35% | 37,149 | $21.0M | New |
| AAON Aaon Inc. | 0.35% | 224,184 | $20.9M | New |
| BROS Dutch Bros Inc. Class A | 0.34% | 382,857 | $20.0M | New |
| STVN Stevanato Group SPA | 0.34% | 773,176 | $19.9M | Reduce -8.3% |
| CRL Charles River Laboratories | 0.33% | 125,304 | $19.6M | Reduce -6.2% |
| PNTG The Pennant Group Inc. | 0.32% | 742,054 | $18.7M | Reduce -8.1% |
| FWRG First Watch Restaurant Group | 0.31% | 1,188,534 | $18.6M | Reduce -7.1% |
| GSHD Goosehead Insurance Inc. Class A | 0.28% | 220,583 | $16.4M | Reduce -8.2% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.28% | 109,904 | $16.4M | Reduce -7.1% |
| KRNT Kornit Digital Ltd. | 0.27% | 1,197,445 | $16.2M | Reduce -22.1% |
| WSC Willscot Holdings Corp. | 0.27% | 749,968 | $15.8M | Reduce -8.2% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.26% | 317,806 | $15.6M | Reduce -5.3% |
| GDYN Grid Dynamics Holdings Inc. | 0.26% | 2,006,806 | $15.5M | Reduce -11.2% |
| POWI Power Integrations Inc. | 0.26% | 377,112 | $15.2M | Reduce -8.3% |
| TWFG TWFG Inc. | 0.25% | 542,661 | $14.9M | Add +57.6% |
| BBSI Barrett Business SVCS Inc. | 0.24% | 326,184 | $14.5M | Reduce -8.1% |
| PHR Phreesia Inc. | 0.20% | 505,368 | $11.9M | Reduce -8.4% |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 0.20% | 1,099,637 | $11.8M | Reduce -6.4% |
| VXF Vanguard Extended Market ETF | 0.15% | 41,991 | $8.8M | Add +33.0% |
| AAPL Apple Inc. | 0.14% | 32,007 | $8.1M | Reduce -1.1% |
| INSP Inspire Medical Systems Inc. | 0.13% | 103,571 | $7.7M | Reduce -9.1% |
| KIDS Orthopediatrics Corp. | 0.09% | 293,864 | $5.4M | Reduce -8.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.08% | 34,069 | $4.9M | Reduce -2.6% |
| LIN Linde PLC | 0.08% | 10,311 | $4.9M | Reduce -2.3% |
| VFIAX Vanguard 500 Index-Adm | 0.07% | 7,188 | $4.4M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 0.07% | 6,517 | $4.4M | Add +120.8% |
| ORCL Oracle Corp. | 0.07% | 14,142 | $4.0M | Reduce -1.7% |
| ECL Ecolab Inc. | 0.06% | 13,311 | $3.6M | Reduce -1.8% |
| EFX Equifax Inc. | 0.06% | 14,155 | $3.6M | Reduce -2.2% |
Portfolio Sells Q2 2025 → Q3 2025
| ANSS Ansys Inc. | Sold out | 0.00% | −1.74 |
| GLOB Globant SA | Reduce -7.4% | 0.86% | −0.54 |
| TYL Tyler Technologies Inc. | Reduce -4.7% | 2.37% | −0.32 |
| SPSC SPS Commerce Inc. | Reduce -9.1% | 0.83% | −0.31 |
| FRPT Freshpet Inc. | Reduce -8.5% | 1.08% | −0.31 |
| PCTY Paylocity Holding Corp. | Reduce -7.4% | 1.55% | −0.27 |
| VRSK Verisk Analytics Inc. | Reduce -1.5% | 1.32% | −0.26 |
| ALGN Align Technology Inc. | Reduce -9.5% | 0.41% | −0.24 |
| DOCS Doximity Inc. Class A | Reduce -40.9% | 0.69% | −0.24 |
| KRNT Kornit Digital Ltd. | Reduce -22.1% | 0.27% | −0.22 |
| HEI Heico Corp. | Reduce -8.4% | 3.56% | −0.21 |
| GDDY GoDaddy Inc. Class A | Reduce -7.0% | 0.58% | −0.20 |
| PAYC Paycom Software Inc. | Reduce -5.4% | 1.56% | −0.19 |
| NOW ServiceNow Inc. | Reduce -3.6% | 1.54% | −0.16 |
| GDYN Grid Dynamics Holdings Inc. | Reduce -11.2% | 0.26% | −0.16 |
| TOST Toast Inc. Class A | Reduce -7.0% | 0.59% | −0.14 |
| GSHD Goosehead Insurance Inc. Class A | Reduce -8.2% | 0.28% | −0.13 |
| TTD Trade Desk Inc./the Class A | Reduce -5.3% | 0.26% | −0.13 |
| CWAN Clearwater Analytics HDS-A | Reduce -8.8% | 0.45% | −0.12 |
| NFLX Netflix Inc. | Reduce -4.3% | 1.06% | −0.12 |
| DV Doubleverify Holdings Inc. | Reduce -7.4% | 0.41% | −0.12 |
| POWI Power Integrations Inc. | Reduce -8.3% | 0.26% | −0.11 |
| INSP Inspire Medical Systems Inc. | Reduce -9.1% | 0.13% | −0.11 |
| DSGX The Descartes Systems Grp | Reduce -7.7% | 0.94% | −0.11 |
| TRNS Transcat Inc. | Reduce -7.6% | 0.50% | −0.11 |
| KAI Kadant Inc. | Reduce -8.0% | 1.00% | −0.11 |
| CRM Salesforce Inc. | Reduce -3.7% | 0.74% | −0.10 |
| SPGI S&P Global Inc. | Reduce -3.5% | 1.33% | −0.09 |
| FICO Fair Isaac Corp. | Reduce -4.1% | 0.44% | −0.09 |
| WSC Willscot Holdings Corp. | Reduce -8.2% | 0.27% | −0.09 |
| ALRM Alarm.com Holdings Inc. | Reduce -7.6% | 0.73% | −0.07 |
| PNTG The Pennant Group Inc. | Reduce -8.1% | 0.32% | −0.07 |
| WSO Watsco Inc. | Reduce -6.8% | 0.59% | −0.07 |
| JKHY Jack Henry & Associates Inc. | Reduce -7.1% | 0.28% | −0.07 |
| BL Blackline Inc. | Reduce -7.5% | 0.65% | −0.06 |
| AGYS Agilysys Inc. | Reduce -5.1% | 0.67% | −0.06 |
| CCC CCC Intelligent Solutions Ho | Reduce -7.6% | 0.95% | −0.06 |
| EXPO Exponent Inc. | Reduce -7.7% | 0.57% | −0.06 |
| CHE Chemed Corp. | Reduce -8.1% | 0.43% | −0.06 |
| CTAS Cintas Corp. | Reduce -4.0% | 0.67% | −0.05 |
| PHR Phreesia Inc. | Reduce -8.4% | 0.20% | −0.05 |
| SBUX Starbucks Corp. | Reduce -3.8% | 0.68% | −0.05 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -5.3% | 1.14% | −0.04 |
| GWRE Guidewire Software Inc. | Reduce -5.0% | 1.10% | −0.03 |
| V Visa Inc. Class A | Reduce -3.9% | 0.92% | −0.03 |
| KIDS Orthopediatrics Corp. | Reduce -8.5% | 0.09% | −0.02 |
| FWRG First Watch Restaurant Group | Reduce -7.1% | 0.31% | −0.02 |
| XPHDX Pioneer Floating Rate Fund | Sold out | 0.00% | −0.01 |
| DMO Western Asset Mort Def Opp | Sold out | 0.00% | −0.01 |
| CERT Certara Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| SNPS Synopsys Inc. | New | 0.45% | +0.45 |
| CASY Casey's General Stores Inc. | New | 0.35% | +0.35 |
| AAON Aaon Inc. | New | 0.35% | +0.35 |
| ENTG Entegris Inc. | Add +62.7% | 0.69% | +0.34 |
| BROS Dutch Bros Inc. Class A | New | 0.34% | +0.34 |
| GKOS Glaukos Corp. | Add +41.0% | 0.78% | +0.11 |
| CSW CSW Industrials Inc. | Add +27.1% | 0.59% | +0.07 |
| TWFG TWFG Inc. | Add +57.6% | 0.25% | +0.06 |
| VXF Vanguard Extended Market ETF | Add +33.0% | 0.15% | +0.05 |
| KNSL Kinsale Capital Group Inc. | Add +11.1% | 2.08% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +120.8% | 0.07% | +0.04 |
| IWO iShares Russell 2000 Growth | Add +38.1% | 0.05% | +0.02 |
| OPCH Option Care Health Inc. | Add +14.3% | 0.68% | +0.02 |
| BIT BlackRock Multi-Sector Inc. | New | 0.01% | +0.01 |
| MSIF MSC Income Fund Inc. | New | 0.01% | +0.01 |
| FDUS Fidus Investment Corp. | Add +50.0% | 0.02% | +0.01 |
| AFB Allianceberstein NTL Muni | Add +46.3% | 0.02% | +0.01 |
| SBI Western Asset Intermediate | New | 0.01% | +0.01 |
| CXE MFS High Income Municipal TR | New | 0.01% | +0.01 |
| NBH Neuberger Municipal Fund Inc. | Add +51.5% | 0.01% | +0.00 |
| MFM Aberdeen Municipal Income | Add +61.3% | 0.01% | +0.00 |
| TCEHY Tencent Holdings Ltd.-Uns ADR | New | 0.00% | +0.00 |
| PNI PIMCO NY Muni Inc. II FND | Add +20.1% | 0.02% | +0.00 |
| XPCQX PIMCO California Muni Inc. FD | Add +16.5% | 0.01% | +0.00 |
| DMB BNY Mellon Muni BND Infra | Add +2.6% | 0.03% | +0.00 |
| CYATY Contemporary Amperex Technol | New | 0.00% | +0.00 |
| SEVN Seven Hills Realty Trust | Add +41.8% | 0.01% | +0.00 |
| LEO BNY Mellon Strategic Muni | Add +2.9% | 0.02% | +0.00 |
| VFL Abrdn National Municipal Inc. | Add +2.9% | 0.02% | +0.00 |
| RFMZ Rivernorth Flex Muni II | Add +2.4% | 0.03% | +0.00 |
| FINS Angel Oak Financ Strat Inc. | Add +2.5% | 0.03% | +0.00 |
| DSM BNYM Strat Muni BND | Add +2.9% | 0.02% | +0.00 |
| RA Brookfield Real Assets Incom | Add +2.5% | 0.03% | +0.00 |
| IUSG iShares Core S&P U.S. Growth | Add +26.8% | 0.01% | +0.00 |
| FMN Federated Herm Prem Muni Inc. | Add +3.0% | 0.02% | +0.00 |
| PGZ Principal Real Estate Income | Add +2.5% | 0.03% | +0.00 |
| MTHRY M3 Inc. - Unsp ADR | New | 0.00% | +0.00 |
| PMO Franklin Muncipl Opps Tst-Ui | Add +2.8% | 0.01% | +0.00 |
| MHD BlackRock Muniholdings Fund | Add +3.5% | 0.01% | +0.00 |
| BTT BlackRock 2030 Muni TRGT TRM | Add +2.4% | 0.02% | +0.00 |
| SDHY Pgim SHRT Durat Hi YLD | Add +2.3% | 0.02% | +0.00 |
| BBN BlackRock Taxable Muni BND | Add +1.4% | 0.01% | +0.00 |
| NBB Nuveen Taxable Municipal Inc. | Add +1.4% | 0.01% | +0.00 |
| TSI TCW Strategic Income Fund | Add +2.5% | 0.01% | +0.00 |
| MUE BlackRock Munihold QLT FD II | Add +3.5% | 0.01% | +0.00 |
| PPT Franklin Premir Inc. Trust-Ui | Add +1.4% | 0.01% | +0.00 |
| AOMR Angel Oak Mortgage REIT Inc. | Add +2.2% | 0.01% | +0.00 |
| XMCRX MFS Charter Income Trust | Add +2.3% | 0.01% | +0.00 |
| MMU Western Asset Managed Munici | Add +2.5% | 0.01% | +0.00 |
| XMVTX BlackRock Munivest Fund II | Add +3.5% | 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 |