DISCIPLINED GROWTH INVESTORS INC /MN

Fundamental diversified ★Signal CIK 1050442
League rank
#122
in Fundamental diversified · #548 overall
Long book
$4.89B
Q1 2026
Positions
61
Top-10 weight
50%
concentration
Last quarter
+20.6%
SPY +14.8%
Turnover
6%
of book per quarter

Strategy in plain words

auto-generated from filings

DISCIPLINED GROWTH INVESTORS INC /MN is a diversified fundamental manager, running a $4.89B US long book across 61 positions.

The portfolio is moderately concentrated (top 10 ≈ 50% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: GARMIN LTD, PLEXUS CORP, EVERPURE INC-A, EXPAND ENERGY CORP, VIASAT INC.

Over the last 9 quarters its long book ran on average 2.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-5.3%
Q2 2024
-5.7%
Q3 2024
+2.0%
Q4 2024
-11.0%
Q1 2025
+9.5%
Q2 2025
+10.6%
Q3 2025
-6.9%
Q4 2025
+1.0%
Q1 2026
+20.6%

Sector allocation

Technology
51%
Industrials
13%
Energy
7%
Other
6%
Communications
5%
Services media
5%
Financials
5%
Healthcare
4%

Long book by quarter

$5.48B
Q1 2024
$5.31B
Q2 2024
$5.29B
Q3 2024
$5.26B
Q4 2024
$4.83B
Q1 2025
$5.23B
Q2 2025
$5.52B
Q3 2025
$5.22B
Q4 2025
$4.89B
Q1 2026

What does DISCIPLINED GROWTH own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GRMN GARMIN LTDTechnology1.3M$308.9M6.3%-4.9%
PLXS PLEXUS CORPTechnology1.5M$302.7M6.2%-6.0%
P EVERPURE INC-ATechnology4.7M$275.5M5.6%-4.7%
EXE EXPAND ENERGY CORPEnergy2.4M$260.5M5.3%-6.9%
VSAT VIASAT INCCommunications5.7M$259.3M5.3%-4.5%
CTRA COTERRA ENERGY INC6.4M$224.7M4.6%-5.6%
ANET ARISTA NETWORKS INCTechnology1.8M$222.4M4.6%-7.1%
CGNX COGNEX CORPTechnology4.3M$211.7M4.3%-7.2%
AKAM AKAMAI TECHNOLOGIES INCServices media1.7M$190.5M3.9%-6.5%
SMTC SEMTECH CORPTechnology2.2M$169.7M3.5%-21.2%
IDCC INTERDIGITAL INCFinancials556.8K$168.1M3.4%-8.6%
PRLB PROTO LABS INCIndustrials2.5M$142.4M2.9%-6.6%
ALRM ALARM.COM HOLDINGS INCTechnology3.3M$141.2M2.9%-4.3%
ALGN ALIGN TECHNOLOGY INCHealthcare775.8K$133.0M2.7%-5.5%
SMCI SUPER MICRO COMPUTER INCTechnology5.0M$113.6M2.3%-48.3%
GNRC GENERAC HOLDINGS INCIndustrials580.9K$113.5M2.3%-7.5%
SNA SNAP-ON INCIndustrials307.8K$111.8M2.3%-6.1%
POWI POWER INTEGRATIONS INCTechnology2.0M$100.3M2.1%-2.1%
GNTX GENTEX CORPIndustrials4.5M$98.8M2.0%-5.9%
ZETA ZETA GLOBAL HOLDINGS CORP-ATechnology6.2M$98.0M2.0%+11.9%
CLB CORE LABORATORIES INCEnergy4.9M$82.9M1.7%-4.4%
MCHP MICROCHIP TECHNOLOGY INCTechnology1.2M$80.5M1.6%-30.2%
DLB DOLBY LABORATORIES INC-CL AFinancials1.3M$76.1M1.6%-5.6%
ADSK AUTODESK INCTechnology301.8K$72.2M1.5%-6.3%
SFIX STITCH FIX INC-CLASS AConsumer discretionary18.7M$62.0M1.3%-3.8%
IPGP IPG PHOTONICS CORPTechnology528.7K$60.6M1.2%-6.7%
TTWO TAKE-TWO INTERACTIVE SOFTWRETechnology290.2K$57.3M1.2%-5.4%
FND FLOOR & DECOR HOLDINGS INC-AConsumer discretionary1.1M$55.5M1.1%-4.8%
IT GARTNER INCServices media338.9K$53.7M1.1%-5.1%
CELH CELSIUS HOLDINGS INCConsumer staples1.4M$51.0M1.0%-5.7%
ISRG INTUITIVE SURGICAL INCHealthcare107.0K$49.3M1.0%-3.1%
SN SHARKNINJA INCIndustrials427.4K$45.3M0.9%-6.2%
SPSC SPS COMMERCE INCTechnology810.9K$45.1M0.9%-4.0%
KRNT KORNIT DIGITAL LTDIndustrials3.0M$44.0M0.9%-1.2%
SSD SIMPSON MANUFACTURING CO INCIndustrials241.6K$41.5M0.8%-7.2%
INTU INTUIT INCTechnology87.1K$37.7M0.8%-3.0%
DV DOUBLEVERIFY HOLDINGS INCTechnology3.9M$37.1M0.8%+4.5%
LGIH LGI HOMES INCIndustrials721.6K$28.5M0.6%+1.5%
MNDY MONDAY.COM LTDTechnology403.9K$27.9M0.6%+453.7%
GGG GRACO INCIndustrials327.4K$27.7M0.6%-8.7%
TREX TREX COMPANY INCOther678.4K$24.7M0.5%-32.7%
DT DYNATRACE INCTechnology658.7K$24.4M0.5%New
AIOT POWERFLEET INCTechnology7.3M$22.5M0.5%-7.6%
GTLB GITLAB INC-CL ATechnology909.5K$19.7M0.4%New
GEOS GEOSPACE TECHNOLOGIES CORPOther1.1M$13.4M0.3%-2.7%
PAYX PAYCHEX INCServices media143.0K$13.2M0.3%-6.7%
YETI YETI HOLDINGS INCOther293.8K$10.8M0.2%+121.4%
WEAV WEAVE COMMUNICATIONS INCTechnology2.3M$10.5M0.2%-1.5%
PGNY PROGYNY INCHealthcare574.6K$9.8M0.2%-7.7%
CEVA CEVA INCTechnology450.5K$8.4M0.2%-25.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202661$4.89B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202661$5.22B canonicalSEC ↗
Q3 202513F-HRNov 14, 202564$5.52B canonicalSEC ↗
Q2 202513F-HRAug 14, 202564$5.23B canonicalSEC ↗
Q1 202513F-HRMay 15, 202564$4.83B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202565$5.26B canonicalSEC ↗
Q3 202413F-HRNov 15, 202469$5.29B canonicalSEC ↗
Q2 202413F-HRAug 15, 202466$5.31B canonicalSEC ↗
Q1 202413F-HRMay 15, 202468$5.48B canonicalSEC ↗