13F-HR 1 s13ftable093005.txt 13F-HR, DISCIPLINED GROWTH INVESTORS, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F Report for the Calendar Year of Quarter Ended: September 30, 2005 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Disciplined Growth Investors, Inc. Address:100 South Fifth Street Suite 2100 Minneapolis, MN 55402 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Laura J. Hawkins Title: CFO/CCO Phone: 612-317-4101 Signature, Place, and Date of Signing: Laura J. Hawkins Minneapolis, MN September 30, 2005 Report Type (Check only one): [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT. List of other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of other included Managers: 0 Form 13F Information Table Entry Total: 115 Form 13F Information Table Value Total: $1211204 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABBOTT LABS COM com 002824100 472 11134 SH SOLE 11134 ADOBE SYS INC COM com 00724F101 44797 1500745 SH SOLE 1246245 254500 ADVANCED LIFE SCIENCES COM com 00765H107 3451 694425 SH SOLE 694425 ADVANCED MICRO DEVICES COM com 007903107 14129 560675 SH SOLE 421175 139500 ALLSTATE CORP COM com 020002101 918 16600 SH SOLE 16600 APPLE COMPUTER INC COM com 037833100 62279 1161700 SH SOLE 945550 216150 ARM HLDGS PLC SPONSORED ADR com 042068106 3704 590692 SH SOLE 590692 ASHWORTH INC COM com 04516H101 6640 972150 SH SOLE 972150 AWARE INC MASS COM com 05453N100 5024 901975 SH SOLE 901875 100 BEA SYS INC COM com 073325102 20588 2290050 SH SOLE 1831325 458725 BJ SVCS CO COM com 055482103 21818 606235 SH SOLE 456585 149650 BOTTOMLINE TECH DEL COM com 101388106 3501 232000 SH SOLE 232000 BROOKSTONE INC COM com 114537103 1567 78587 SH SOLE 78487 100 CABELA'S INC com 126804301 11657 634575 SH SOLE 514050 120525 CALPINE CORP COM com 131347106 6808 2628475 SH SOLE 1946100 682375 CARDIODYNAMICS INTL COM com 141597104 1103 817275 SH SOLE 817275 CARRIER ACCESS CORP COM com 144460102 2871 520025 SH SOLE 520025 CENDANT CORP COM com 151313103 524 25400 SH SOLE 25300 100 CEVA INC COM com 157210105 3424 660975 SH SOLE 660975 CHEESECAKE FACTORY INC COM com 163072101 10458 334750 SH SOLE 334750 CHEVRONTEXACO CORP com 166764100 684 10568 SH SOLE 10568 COMMUNITY HLTH SYS NEW COM com 203668108 268 6900 SH SOLE 6900 DENDREON CORP COM com 24823q107 3293 490778 SH SOLE 490778 DEVON ENERGY CORP COM com 25179M103 18600 270979 SH SOLE 221554 49425 DREAMWORKS ANIMATION CL A com 26153C103 9583 346475 SH SOLE 279675 66800 DTS INC COM com 23335c101 3377 200550 SH SOLE 200550 E TRADE GROUP INC COM com 269246104 40468 2299330 SH SOLE 1851180 448150 EATON CORP COM com 278058102 32798 516102 SH SOLE 420227 95875 ECHELON CORP COM com 27874N105 4927 534960 SH SOLE 534800 160 EDWARDS LIFESCIENCES CORP com 28176e108 16061 361650 SH SOLE 283675 77975 2 50 SH OTHER 50 EMERSON ELEC CO COM com 291011104 730 10164 SH SOLE 10164 ENBRIDGE ENERGY PARTNERS LP com 29250R106 401 7200 SH SOLE 7200 EPIX PHARMACEUTICALS INC com 26881Q101 3087 400850 SH SOLE 400850 1 100 SH OTHER 100 EVOLVING SYS INC COM com 30049r100 1994 1032950 SH SOLE 1032950 EXXON MOBIL CORP COM com 30231G102 157 2470 SH SOLE 2470 311 4896 SH OTHER 4896 EYETECH PHARMACEUT INC COM com 302297106 3993 222350 SH SOLE 222350 FARGO ELECTRONICS INC COM com 30744p102 5475 313375 SH SOLE 313375 FOUNDRY NETWORKS INC COM com 35063r100 39442 3105700 SH SOLE 2691425 414275 GENZYME CORP COM GENL DIV com 372917104 22640 316025 SH SOLE 242925 73100 HONEYWELL INTERNATIONAL INC com 438516106 1273 33936 SH SOLE 33649 287 8 207 SH OTHER 207 IMAGING DIAGNOSTIC SYSTEMS com 45244w100 6 29250 SH SOLE 29250 IMATION CORP COM com 45245A107 13095 305469 SH SOLE 220519 84950 13 300 SH OTHER 300 IMPERIAL SUGAR CO NEW COM NEW com 453096208 2736 201800 SH SOLE 201800 INCYTE CORP com 45337c102 5906 1256675 SH SOLE 1055475 201200 0 100 SH OTHER 100 INDUS INTL INC COM com 45578l100 5407 2025025 SH SOLE 2025025 1 200 SH OTHER 200 INTEL CORP COM com 458140100 971 39400 SH SOLE 39400 INTER TEL INC COM com 458372109 5244 249700 SH SOLE 249700 INTUIT COM com 461202103 35351 788911 SH SOLE 649811 139100 INVESTMENT TEC GRP NEW COM com 46145F105 4041 136525 SH SOLE 136525 JANUS CAP GROUP INC COM com 47102x105 8590 594445 SH SOLE 438770 155675 JEFFERSON PILOT CORP COM com 475070108 15135 295788 SH SOLE 232013 63775 JOHNSON & JOHNSON COM com 478160104 487 7700 SH SOLE 7700 KEANE INC COM com 486665102 12037 1053075 SH SOLE 812325 240750 KEITHLEY INSTRS INC COM com 487584104 5650 386975 SH SOLE 386975 LEVEL 3 COMMUNICTIONS COM com 52729n100 21973 9471250 SH SOLE 8312025 1159225 2 800 SH OTHER 800 LILLY ELI & CO COM com 532457108 435 8120 SH SOLE 8120 LIMITED BRANDS INC com 532716107 21797 1066911 SH SOLE 851491 215420 MAPINFO CORP COM com 565105103 7491 611542 SH SOLE 611542 MAXTOR CORP COM NEW com 577729205 2662 606475 SH SOLE 552125 54350 MEDIMMUNE INC COM com 584699102 12132 360525 SH SOLE 283650 76875 MERCK & CO INC COM com 589331107 166 6116 SH SOLE 6116 41 1495 SH OTHER 1495 METRIS COS INC COM com 591598107 47528 3248698 SH SOLE 2853848 394850 MICHAELS STORES INC COM com 594087108 55304 1672841 SH SOLE 1468741 204100 MICROSOFT CORP COM com 594918104 2201 85530 SH SOLE 85530 MINNESOTA MNG & MFG CO COM com 604059105 73 1000 SH SOLE 1000 307 4184 SH OTHER 4184 MOBIUS MGMT SYS COM com 606925105 6054 1153175 SH SOLE 1152975 200 NOBLE CORP com G65422100 29794 435201 SH SOLE 351476 83725 NORTHERN BORDER PARTNR UNIT LT com 664785102 467 9750 SH SOLE 9750 OPEN TEXT CORP COM com 683715106 18138 1297460 SH SOLE 1157135 140325 PC-TEL INC COM com 69325Q105 9131 971375 SH SOLE 971275 100 PFIZER INC COM com 717081103 52 2087 SH SOLE 2087 357 14288 SH OTHER 14288 PLANTRONICS INC NEW COM com 727493108 32699 1061315 SH SOLE 899515 161800 3 100 SH OTHER 100 PLEXUS CORP COM com 729132100 21774 1274100 SH SOLE 1050875 223225 PROVIDE COMM INC COM com 74373W103 3749 154450 SH SOLE 154450 REMINGTON OIL & GAS COM com 759594302 8096 195075 SH SOLE 195075 ROYAL CARIBBEAN CRUISE COM com V7780T103 25442 588945 SH SOLE 548645 40300 SCIENTIFIC ATLANTA INC COM com 808655104 42098 1122302 SH SOLE 919852 202450 SECURE COMPUTING CORP COM com 813705100 14339 1263325 SH SOLE 1263325 SELECT COMFORT CORP COM com 81616x103 23149 1158600 SH SOLE 1031700 126900 SOFTBRANDS INC COM com 83402A107 161 89237 SH SOLE 89237 SONIC SOLUTIONS COM com 835460106 4333 201525 SH SOLE 201525 SOUTHWEST AIRLS CO COM com 844741108 176 11868 SH SOLE 11868 SPINNAKER EXPL CO COM com 84855w109 4876 75375 SH SOLE 75375 STAMPS COM INC COM NEW com 852857200 4894 284375 SH SOLE 284375 STELLENT INC com 85856W105 11137 1299480 SH SOLE 1299480 STRATEX NETWORKS INC com 86279T109 4356 1675575 SH SOLE 1675575 SUN MICROSYSTEMS INC COM com 866810104 21661 5511666 SH SOLE 4509391 1002275 SYBASE INC COM com 871130100 37884 1617581 SH SOLE 1387481 230100 SYNAPTICS INC COM com 87157D109 3895 207200 SH SOLE 207200 TEXAS INSTRS INC COM com 882508104 7551 222738 SH SOLE 220363 2375 TIME WARNER TELECOM CL A com 887319101 7604 974925 SH SOLE 974925 TJX COS INC NEW COM com 872540109 26424 1290225 SH SOLE 1034575 255650 TRIMBLE NAVIGATION LTD COM com 896239100 9809 291149 SH SOLE 291149 VALUEVISION MEDIA INC CL A com 92047K107 3011 265325 SH SOLE 265325 VIROPHARMA INC COM com 928241108 30565 1469475 SH SOLE 1468675 800 WAL MART STORES INC COM com 931142103 203 4624 SH SOLE 4624 XTO ENERGY INC COM com 98385x106 15060 332296 SH SOLE 266931 65365 YAHOO INC COM com 984332106 58478 1728066 SH SOLE 1526691 201375 12 350 SH OTHER 350 VANGUARD MNY MKT RESVS PRIME P 922090620 35 35367.3000000SH SOLE 35367.3000000 NESTLE SA com 7123870 376 1280 SH SOLE 1280 ROCHE HLDG AG com 7110388 279 2000 SH SOLE 2000 UBS AG com 5962354 995 11664 SH SOLE 11664