Riverbridge Partners LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 13, 2026), Riverbridge Partners LLC reported 188 stock positions worth $5.3 billion. Its top holding was Nvidia (NVDA) at 5.3% of the portfolio, followed by Microsoft (MSFT, 4.5%) and Heico (HEI, 3.6%). Compared with Q3 2025, it opened 16 new positions, sold out of 14, added to 50 and reduced 110. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +1203%) and the biggest sale Grand Canyon Education (LOPE, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0001112325
- Portfolio Value
- $5.3B (Q4 2025)
- SEC Filing
- 0001112325-26-000001 ↗ filed Jan 13, 2026
Holdings Value
Holdings 188 stocks · $5.3B
| NVDA Nvidia Corp. | 5.34% | 1,526,980 | $284.8M | Reduce -11.5% |
| MSFT Microsoft Corp. | 4.47% | 493,162 | $238.5M | Reduce -4.5% |
| HEI Heico Corp. | 3.58% | 589,525 | $190.8M | Reduce -9.8% |
| RBA RB Global Inc. | 2.90% | 1,501,366 | $154.4M | Reduce -9.7% |
| FIVE Five Below | 2.88% | 814,643 | $153.4M | Reduce -15.1% |
| MEDP Medpace Holdings Inc. | 2.87% | 272,969 | $153.3M | Reduce -25.2% |
| LOPE Grand Canyon Education Inc. | 2.66% | 853,107 | $141.9M | Reduce -10.5% |
| AMZN Amazon.com Inc. | 2.63% | 607,766 | $140.3M | Reduce -3.9% |
| ENSG The Ensign Group Inc. | 2.27% | 696,510 | $121.3M | Reduce -8.7% |
| PRVA Privia Health Group Inc. | 2.04% | 4,583,590 | $108.7M | Reduce -1.1% |
| TYL Tyler Technologies Inc. | 2.03% | 238,740 | $108.4M | Reduce -11.1% |
| KNSL Kinsale Capital Group Inc. | 1.97% | 268,453 | $105.0M | Reduce -7.6% |
| ADI Analog Devices Inc. | 1.90% | 374,366 | $101.5M | Reduce -3.6% |
| WK Workiva Inc. | 1.86% | 1,153,427 | $99.5M | Reduce -10.7% |
| CSGP Costar Group Inc. | 1.83% | 1,452,546 | $97.7M | Reduce -12.4% |
| FAST Fastenal Co. | 1.79% | 2,381,560 | $95.6M | Reduce -5.0% |
| GOOGL Alphabet Inc. Class A | 1.77% | 301,580 | $94.4M | Reduce -2.2% |
| ROL Rollins Inc. | 1.74% | 1,545,713 | $92.8M | Reduce -22.8% |
| WST West Pharmaceutical Services | 1.64% | 318,613 | $87.7M | Reduce -12.1% |
| SPGI S&P Global Inc. | 1.52% | 154,991 | $81.0M | Reduce -4.0% |
| PCTY Paylocity Holding Corp. | 1.41% | 493,463 | $75.3M | Reduce -14.3% |
| VEEV Veeva Systems Inc. Class A | 1.38% | 330,143 | $73.7M | Reduce -5.4% |
| VRSK Verisk Analytics Inc. | 1.38% | 328,826 | $73.6M | Add +6.0% |
| NOW ServiceNow Inc. | 1.36% | 473,842 | $72.6M | Reduce -4.3% |
| GOOG Alphabet Inc. Class C | 1.36% | 230,863 | $72.4M | Reduce -4.7% |
| FRPT Freshpet Inc. | 1.15% | 1,003,710 | $61.2M | Reduce -13.3% |
| IDXX Idexx Laboratories Inc. | 1.14% | 89,699 | $60.7M | Reduce -6.0% |
| GKOS Glaukos Corp. | 1.13% | 535,169 | $60.4M | Reduce -6.0% |
| TSLA Tesla Inc. | 1.12% | 132,939 | $59.8M | Reduce -29.4% |
| IVV iShares Core S&P 500 ETF | 1.09% | 84,924 | $58.2M | Add +1203.1% |
| PAYC Paycom Software Inc. | 1.07% | 357,210 | $56.9M | Reduce -19.7% |
| DHR Danaher Corp. | 1.03% | 240,606 | $55.1M | Reduce -3.9% |
| V Visa Inc. Class A | 1.01% | 152,913 | $53.6M | Reduce -4.0% |
| RGEN Repligen Corp. | 0.96% | 313,365 | $51.3M | Reduce -8.8% |
| FICO Fair Isaac Corp. | 0.95% | 29,900 | $50.5M | Add +73.1% |
| GLOB Globant SA | 0.94% | 768,774 | $50.3M | Reduce -13.8% |
| KAI Kadant Inc. | 0.94% | 175,864 | $50.1M | Reduce -11.3% |
| GWRE Guidewire Software Inc. | 0.94% | 248,875 | $50.0M | Reduce -12.2% |
| CRM Salesforce Inc. | 0.89% | 178,444 | $47.3M | Reduce -3.9% |
| NFLX Netflix Inc. | 0.89% | 504,070 | $47.3M | Reduce -4.1% |
| DSGX The Descartes Systems Grp | 0.88% | 534,345 | $46.8M | Reduce -9.2% |
| TECH Bio-Techne Corp. | 0.87% | 785,788 | $46.2M | Reduce -13.3% |
| SPSC SPS Commerce Inc. | 0.80% | 480,824 | $42.9M | Add +2.0% |
| FND Floor & Decor Holdings Inc. Class A | 0.80% | 696,494 | $42.4M | Reduce -23.8% |
| ALKT Alkami Technology Inc. | 0.77% | 1,785,098 | $41.2M | Reduce -20.7% |
| UNH Unitedhealth Group Inc. | 0.77% | 123,931 | $40.9M | Reduce -6.5% |
| CCC CCC Intelligent Solutions Ho | 0.76% | 5,120,480 | $40.7M | Reduce -17.3% |
| OPCH Option Care Health Inc. | 0.75% | 1,262,553 | $40.2M | Reduce -12.7% |
| CTAS Cintas Corp. | 0.75% | 212,721 | $40.0M | Add +10.1% |
| AGYS Agilysys Inc. | 0.74% | 332,157 | $39.5M | Reduce -11.9% |
| EXPO Exponent Inc. | 0.72% | 554,193 | $38.5M | Add +14.7% |
| CSW CSW Industrials Inc. | 0.72% | 130,412 | $38.3M | Reduce -9.6% |
| SBUX Starbucks Corp. | 0.71% | 451,477 | $38.0M | Reduce -4.7% |
| ALRM Alarm.com Holdings Inc. | 0.69% | 723,361 | $36.9M | Reduce -11.3% |
| SSD Simpson Manufacturing Co. Inc. | 0.68% | 224,136 | $36.2M | Reduce -14.4% |
| SAP Sap SE-Sponsored ADR | 0.61% | 134,491 | $32.7M | Add +14843.4% |
| CWAN Clearwater Analytics HDS-A | 0.59% | 1,298,714 | $31.3M | Reduce -11.5% |
| CGNX Cognex Corp. | 0.58% | 867,063 | $31.2M | Reduce -14.4% |
| ENTG Entegris Inc. | 0.54% | 344,953 | $29.1M | Reduce -22.2% |
| MSI Motorola Solutions Inc. | 0.52% | 72,235 | $27.7M | Reduce -6.5% |
| AAON Aaon Inc. | 0.51% | 354,370 | $27.0M | Add +58.1% |
| TOST Toast Inc. Class A | 0.50% | 755,052 | $26.8M | Reduce -21.6% |
| ACVA Acv Auctions Inc. Class A | 0.47% | 3,122,032 | $25.0M | Reduce -12.5% |
| GDDY GoDaddy Inc. Class A | 0.46% | 198,820 | $24.7M | Reduce -21.5% |
| RIVBX Riverbridge Growth-Inst | 0.45% | 832,503 | $24.2M | Add +25.9% |
| IWM iShares Russell 2000 ETF | 0.45% | 97,095 | $23.9M | Add +2631.2% |
| DOCS Doximity Inc. Class A | 0.44% | 528,578 | $23.4M | Reduce -4.8% |
| WSO Watsco Inc. | 0.44% | 69,410 | $23.4M | Reduce -19.6% |
| CHE Chemed Corp. | 0.43% | 54,119 | $23.2M | Reduce -5.0% |
| BL Blackline Inc. | 0.39% | 372,814 | $20.6M | Reduce -48.3% |
| PNTG The Pennant Group Inc. | 0.37% | 704,535 | $19.8M | Reduce -5.1% |
| CRL Charles River Laboratories | 0.37% | 99,328 | $19.8M | Reduce -20.7% |
| TRNS Transcat Inc. | 0.36% | 337,505 | $19.1M | Reduce -17.1% |
| SNPS Synopsys Inc. | 0.36% | 40,687 | $19.1M | Reduce -24.8% |
| DV Doubleverify Holdings Inc. | 0.36% | 1,661,695 | $19.0M | Reduce -18.7% |
| LOAR Loar Holdings Inc. | 0.35% | 277,049 | $18.8M | New |
| HLMN Hillman Solutions Corp. | 0.35% | 2,166,002 | $18.8M | Reduce -6.6% |
| BROS Dutch Bros Inc. Class A | 0.35% | 305,106 | $18.7M | Reduce -20.3% |
| TWFG TWFG Inc. | 0.32% | 593,744 | $17.1M | Add +9.4% |
| FWRG First Watch Restaurant Group | 0.31% | 1,096,029 | $16.5M | Reduce -7.8% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.31% | 89,785 | $16.4M | Reduce -18.3% |
| CASY Casey's General Stores Inc. | 0.30% | 29,061 | $16.1M | Reduce -21.8% |
| GDYN Grid Dynamics Holdings Inc. | 0.30% | 1,745,967 | $15.8M | Reduce -13.0% |
| GSHD Goosehead Insurance Inc. Class A | 0.29% | 210,392 | $15.5M | Reduce -4.6% |
| STVN Stevanato Group SPA | 0.27% | 715,159 | $14.4M | Reduce -7.5% |
| WSC Willscot Holdings Corp. | 0.25% | 716,222 | $13.5M | Reduce -4.5% |
| POWI Power Integrations Inc. | 0.24% | 357,594 | $12.7M | Reduce -5.2% |
| ALGN Align Technology Inc. | 0.21% | 73,297 | $11.4M | Reduce -62.1% |
| VXF Vanguard Extended Market ETF | 0.21% | 52,551 | $11.0M | Add +25.1% |
| BBSI Barrett Business SVCS Inc. | 0.20% | 295,543 | $10.7M | Reduce -9.4% |
| INSP Inspire Medical Systems Inc. | 0.17% | 97,111 | $9.0M | Reduce -6.2% |
| AAPL Apple Inc. | 0.16% | 31,843 | $8.7M | Reduce -0.5% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.16% | 223,103 | $8.5M | Reduce -29.8% |
| PHR Phreesia Inc. | 0.15% | 459,047 | $7.8M | Reduce -9.2% |
| IWO iShares Russell 2000 Growth | 0.09% | 15,576 | $5.0M | Add +67.0% |
| KIDS Orthopediatrics Corp. | 0.09% | 268,265 | $4.8M | Reduce -8.7% |
| VOO Vanguard S&P 500 ETF | 0.09% | 7,255 | $4.5M | New |
| VFIAX Vanguard 500 Index-Adm | 0.09% | 7,185 | $4.5M | Reduce -0.0% |
| LIN Linde PLC | 0.08% | 9,657 | $4.1M | Reduce -6.3% |
| WMT Walmart Inc. | 0.07% | 33,135 | $3.7M | Reduce -0.6% |
Portfolio Sells Q3 2025 → Q4 2025
| LOPE Grand Canyon Education Inc. | Reduce -10.5% | 2.66% | −0.87 |
| CSGP Costar Group Inc. | Reduce -12.4% | 1.83% | −0.53 |
| PAYC Paycom Software Inc. | Reduce -19.7% | 1.07% | −0.49 |
| VEEV Veeva Systems Inc. Class A | Reduce -5.4% | 1.38% | −0.37 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -23.8% | 0.80% | −0.34 |
| TYL Tyler Technologies Inc. | Reduce -11.1% | 2.03% | −0.34 |
| MEDP Medpace Holdings Inc. | Reduce -25.2% | 2.87% | −0.29 |
| TSLA Tesla Inc. | Reduce -29.4% | 1.12% | −0.29 |
| FAST Fastenal Co. | Reduce -5.0% | 1.79% | −0.28 |
| KRNT Kornit Digital Ltd. | Sold out | 0.00% | −0.27 |
| BL Blackline Inc. | Reduce -48.3% | 0.39% | −0.26 |
| DOCS Doximity Inc. Class A | Reduce -4.8% | 0.44% | −0.25 |
| ROL Rollins Inc. | Reduce -22.8% | 1.74% | −0.24 |
| JAMF Jamf Holding Corp. | Sold out | 0.00% | −0.20 |
| ALGN Align Technology Inc. | Reduce -62.1% | 0.21% | −0.19 |
| CGNX Cognex Corp. | Reduce -14.4% | 0.58% | −0.19 |
| CCC CCC Intelligent Solutions Ho | Reduce -17.3% | 0.76% | −0.19 |
| NFLX Netflix Inc. | Reduce -4.1% | 0.89% | −0.18 |
| NOW ServiceNow Inc. | Reduce -4.3% | 1.36% | −0.18 |
| ALKT Alkami Technology Inc. | Reduce -20.7% | 0.77% | −0.17 |
| GWRE Guidewire Software Inc. | Reduce -12.2% | 0.94% | −0.16 |
| WSO Watsco Inc. | Reduce -19.6% | 0.44% | −0.15 |
| ENTG Entegris Inc. | Reduce -22.2% | 0.54% | −0.15 |
| RBA RB Global Inc. | Reduce -9.7% | 2.90% | −0.14 |
| TRNS Transcat Inc. | Reduce -17.1% | 0.36% | −0.14 |
| PCTY Paylocity Holding Corp. | Reduce -14.3% | 1.41% | −0.14 |
| ACVA Acv Auctions Inc. Class A | Reduce -12.5% | 0.47% | −0.13 |
| GDDY GoDaddy Inc. Class A | Reduce -21.5% | 0.46% | −0.12 |
| KNSL Kinsale Capital Group Inc. | Reduce -7.6% | 1.97% | −0.12 |
| TTD Trade Desk Inc./the Class A | Reduce -29.8% | 0.16% | −0.10 |
| SNPS Synopsys Inc. | Reduce -24.8% | 0.36% | −0.09 |
| NVDA Nvidia Corp. | Reduce -11.5% | 5.34% | −0.09 |
| TOST Toast Inc. Class A | Reduce -21.6% | 0.50% | −0.09 |
| MSI Motorola Solutions Inc. | Reduce -6.5% | 0.52% | −0.08 |
| STVN Stevanato Group SPA | Reduce -7.5% | 0.27% | −0.07 |
| SSD Simpson Manufacturing Co. Inc. | Reduce -14.4% | 0.68% | −0.06 |
| DSGX The Descartes Systems Grp | Reduce -9.2% | 0.88% | −0.06 |
| DV Doubleverify Holdings Inc. | Reduce -18.7% | 0.36% | −0.06 |
| KAI Kadant Inc. | Reduce -11.3% | 0.94% | −0.06 |
| PHR Phreesia Inc. | Reduce -9.2% | 0.15% | −0.06 |
| CASY Casey's General Stores Inc. | Reduce -21.8% | 0.30% | −0.05 |
| BBSI Barrett Business SVCS Inc. | Reduce -9.4% | 0.20% | −0.04 |
| MSFT Microsoft Corp. | Reduce -4.5% | 4.47% | −0.04 |
| ALRM Alarm.com Holdings Inc. | Reduce -11.3% | 0.69% | −0.04 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.02 |
| ORCL Oracle Corp. | Reduce -10.0% | 0.05% | −0.02 |
| POWI Power Integrations Inc. | Reduce -5.2% | 0.24% | −0.02 |
| BTT BlackRock 2030 Muni TRGT TRM | Sold out | 0.00% | −0.02 |
| TJX TJX Companies Inc. | Reduce -30.8% | 0.07% | −0.02 |
| EFX Equifax Inc. | Reduce -18.9% | 0.05% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| IVV iShares Core S&P 500 ETF | Add +1203.1% | 1.09% | +1.02 |
| SAP Sap SE-Sponsored ADR | Add +14843.4% | 0.61% | +0.61 |
| FICO Fair Isaac Corp. | Add +73.1% | 0.95% | +0.51 |
| IWM iShares Russell 2000 ETF | Add +2631.2% | 0.45% | +0.43 |
| LOAR Loar Holdings Inc. | New | 0.35% | +0.35 |
| EXPO Exponent Inc. | Add +14.7% | 0.72% | +0.16 |
| AAON Aaon Inc. | Add +58.1% | 0.51% | +0.15 |
| VOO Vanguard S&P 500 ETF | New | 0.09% | +0.09 |
| CTAS Cintas Corp. | Add +10.1% | 0.75% | +0.08 |
| TWFG TWFG Inc. | Add +9.4% | 0.32% | +0.07 |
| VRSK Verisk Analytics Inc. | Add +6.0% | 1.38% | +0.06 |
| VXF Vanguard Extended Market ETF | Add +25.1% | 0.21% | +0.06 |
| IWO iShares Russell 2000 Growth | Add +67.0% | 0.09% | +0.04 |
| FSSL FS Specialty Lending Fund | New | 0.04% | +0.04 |
| RIVBX Riverbridge Growth-Inst | Add +25.9% | 0.45% | +0.03 |
| JHS John Hancock Income Sec TR | Add +158.3% | 0.04% | +0.03 |
| DMB BNY Mellon Muni BND Infra | Add +65.3% | 0.06% | +0.03 |
| FINS Angel Oak Financ Strat Inc. | Add +72.8% | 0.05% | +0.03 |
| PPT Franklin Premir Inc. Trust-Ui | Add +157.7% | 0.04% | +0.03 |
| NBB Nuveen Taxable Municipal Inc. | Add +157.1% | 0.04% | +0.03 |
| RA Brookfield Real Assets Incom | Add +72.9% | 0.05% | +0.02 |
| CCAP Crescent Capital BDC Inc. | New | 0.02% | +0.02 |
| FSCO FS Credit Opportunities Corp. | New | 0.02% | +0.02 |
| RFMZ Rivernorth Flex Muni II | Add +83.6% | 0.05% | +0.02 |
| OPP Rivernrth/Doublelne STR Opp | Add +262.6% | 0.03% | +0.02 |
| WIW Western Asst Infl-LNK Opp | Add +157.8% | 0.04% | +0.02 |
| SDHY Pgim SHRT Durat Hi YLD | Add +89.0% | 0.05% | +0.02 |
| VXUS Vanguard Total Intl Stock | New | 0.02% | +0.02 |
| SEVN Seven Hills Realty Trust | Add +162.0% | 0.04% | +0.02 |
| DKS Dick's Sporting Goods Inc. | New | 0.02% | +0.02 |
| BKT BlackRock Income Trust | New | 0.02% | +0.02 |
| SUSA iShares ESG Optimized MSCI U | New | 0.02% | +0.02 |
| ARCC Ares Capital Corp. | Add +72.9% | 0.04% | +0.02 |
| TSLX Sixth Street Specialty Lendi | Add +79.8% | 0.04% | +0.02 |
| FDUS Fidus Investment Corp. | Add +73.7% | 0.04% | +0.02 |
| AOMR Angel Oak Mortgage REIT Inc. | Add +120.3% | 0.03% | +0.02 |
| MSIF MSC Income Fund Inc. | Add +105.7% | 0.03% | +0.01 |
| LEO BNY Mellon Strategic Muni | Add +40.4% | 0.04% | +0.01 |
| GBDC Golub Capital BDC Inc. | Add +110.1% | 0.03% | +0.01 |
| VFL Abrdn National Municipal Inc. | Add +44.3% | 0.03% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +1.5% | 0.06% | +0.01 |
| XMCRX MFS Charter Income Trust | Add +89.9% | 0.02% | +0.01 |
| DSM BNYM Strat Muni BND | Add +44.3% | 0.03% | +0.01 |
| PNI PIMCO NY Muni Inc. II FND | Add +50.1% | 0.03% | +0.01 |
| PMO Franklin Muncipl Opps Tst-Ui | Add +53.5% | 0.02% | +0.01 |
| AFB Allianceberstein NTL Muni | Add +37.5% | 0.03% | +0.01 |
| PGZ Principal Real Estate Income | Add +29.1% | 0.04% | +0.01 |
| XPCQX PIMCO California Muni Inc. FD | Add +44.9% | 0.02% | +0.01 |
| FMN Federated Herm Prem Muni Inc. | Add +34.8% | 0.03% | +0.01 |
| IWF iShares Russell 1000 Growth | New | 0.01% | +0.01 |
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 |