0001112325-23-000006.txt : 20230421 0001112325-23-000006.hdr.sgml : 20230421 20230421134522 ACCESSION NUMBER: 0001112325-23-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230421 DATE AS OF CHANGE: 20230421 EFFECTIVENESS DATE: 20230421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RIVERBRIDGE PARTNERS LLC CENTRAL INDEX KEY: 0001112325 IRS NUMBER: 411930193 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05655 FILM NUMBER: 23835727 BUSINESS ADDRESS: STREET 1: 1200 IDS CENTER STREET 2: 80 SOUTH EIGHTH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 55402 MAIL ADDRESS: STREET 1: 1200 IDS CENTER STREET 2: 80 SOUTH EIGHTH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55402 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001112325 XXXXXXXX 03-31-2023 03-31-2023 RIVERBRIDGE PARTNERS LLC
1200 IDS CENTER 80 SOUTH EIGHTH STREET MINNEAPOLIS MN 55402
13F HOLDINGS REPORT 028-05655 N
Lois Beckmen Compliance Associate 612-904-6201 Lois Beckmen Minneapolis MN 04-21-2023 0 189 7133675883 false
INFORMATION TABLE 2 inftable.xml 2023 Q1 13F 3M Company COM 88579Y101 278331 2648 SH SOLE 2648 0 0 Abbott Laboratories COM 002824100 1592820 15730 SH SOLE 15730 0 0 AbbVie, Inc. COM 00287Y109 325115 2040 SH SOLE 2040 0 0 Alarm.com Holdings, Inc. COM 011642105 93743490 1864429 SH SOLE 1233192 0 631237 Align Technology, Inc. COM 016255101 85433249 255681 SH SOLE 180211 0 75470 Alphabet, Inc. Class A COM 02079K305 44807315 431961 SH SOLE 341189 0 90772 Alphabet, Inc. Class C COM 02079K107 32336408 310927 SH SOLE 303047 0 7880 Amazon.com, Inc. COM 023135106 81596518 789975 SH SOLE 705143 0 84832 AMCOR PLC ORD COM G0250X107 174114 15300 SH SOLE 15300 0 0 Amedisys, Inc. COM 023436108 112186624 1525311 SH SOLE 1117132 0 408179 American Express Company COM 025816109 440911 2673 SH SOLE 2673 0 0 AMN Healthcare Services, Inc. COM 001744101 53429724 644042 SH SOLE 427731 0 216311 Analog Devices, Inc. COM 032654105 99360101 503803 SH SOLE 458109 0 45694 Ansys, Inc. COM 03662Q105 159221005 478429 SH SOLE 328882 0 149547 Apple Inc. COM 037833100 14071008 85331 SH SOLE 47474 0 37857 ASSOCIATED BANC CORP COM COM 045487105 421901 23465 SH SOLE 23465 0 0 Automatic Data Process Com COM 053015103 216842 974 SH SOLE 641 0 333 Berkshire Hathaway Inc. Class COM 084670702 1028204 3330 SH SOLE 2855 0 475 Bio-Techne Corporation COM 09073M104 60295272 812714 SH SOLE 397323 0 415391 BlackLine, Inc. COM 09239B109 137547240 2048358 SH SOLE 1504457 0 543901 Bright Health Group, Inc. COM 10920V107 10354 47000 SH SOLE 47000 0 0 Bristol-Myers Squibb Company COM 110122108 275923 3981 SH SOLE 3981 0 0 CCC Intelligent Solutions Hold COM 12510Q100 34860954 3886394 SH SOLE 2947353 0 939041 Certara, Inc. COM 15687V109 100959878 4187469 SH SOLE 2998670 0 1188799 Charles River Laboratories Int COM 159864107 60342969 298994 SH SOLE 188648 0 110346 Chemed Corporation COM 16359R103 55568814 103336 SH SOLE 78818 0 24518 Cisco Systems, Inc. COM 17275R102 1574105 30112 SH SOLE 30112 0 0 Coca-Cola Company COM 191216100 459270 7404 SH SOLE 7404 0 0 Cognex Corporation COM 192422103 87208101 1760002 SH SOLE 1145622 0 614380 CoStar Group, Inc. COM 22160N109 171180860 2486287 SH SOLE 1808746 0 677541 Costco Wholesale Corporation COM 22160K105 425818 857 SH SOLE 857 0 0 Danaher Corporation COM 235851102 79864439 316872 SH SOLE 285096 0 31776 Definitive Healthcare Corp. COM 24477E103 29139360 2820848 SH SOLE 1893471 0 927377 Deluxe Corporation COM 248019101 263984 16499 SH SOLE 16499 0 0 Descartes Systems Group, Inc. COM 249906108 59744746 741158 SH SOLE 561438 0 179720 Dollar General Corp COM 256677105 3852681 18306 SH SOLE 18306 0 0 DoubleVerify Holdings Inc COM 25862V105 42675486 1415439 SH SOLE 1072450 0 342989 Ecolab, Inc. COM 278865100 38279365 231253 SH SOLE 207820 0 23433 Ensign Group, Inc. COM 29358P101 134195373 1404599 SH SOLE 993619 0 410980 Entegris, Inc. COM 29362U104 25719484 313614 SH SOLE 152889 0 160725 Equifax, Inc. COM 294429105 4289660 21148 SH SOLE 21148 0 0 Exponent, Inc. COM 30214u102 102549819 1028687 SH SOLE 675270 0 353417 Fastenal Company COM 311900104 173452804 3215662 SH SOLE 2269172 0 946490 Fiserv, Inc. COM 337738108 348132 3080 SH SOLE 3080 0 0 Five Below, Inc. COM 33829M101 282173854 1369976 SH SOLE 988619 0 381357 Five9, Inc. COM 338307101 56051064 775364 SH SOLE 522709 0 252655 Floor & Decor Holdings, Inc. COM 339750101 119593752 1217611 SH SOLE 801429 0 416182 Freshpet, Inc. COM 358039105 54098146 817316 SH SOLE 545398 0 271918 Gentex Corporation COM 371901109 2298068 81986 SH SOLE 81567 0 419 Glaukos Corporation COM 377322102 29053541 579911 SH SOLE 442471 0 137440 Globant S.A. COM L44385109 220915074 1346961 SH SOLE 974822 0 372139 GoDaddy, Inc. Class A COM 380237107 46612803 599753 SH SOLE 299817 0 299936 Goosehead Insurance, Inc. COM 38267D109 20919881 400764 SH SOLE 305835 0 94929 Grand Canyon Education, Inc. COM 38526M106 213128712 1871192 SH SOLE 1333384 0 537808 Grid Dynamics Holdings, Inc. COM 39813G109 40781877 3558628 SH SOLE 2273007 0 1285621 Guidewire Software, Inc. COM 40171V100 89482663 1090587 SH SOLE 749132 0 341455 Healthcare Services Group, Inc COM 421906108 28703174 2069443 SH SOLE 1613835 0 455608 HEICO Corporation COM 422806109 197259700 1153296 SH SOLE 808667 0 344629 Heska Corporation COM 42805e306 30046850 307794 SH SOLE 234804 0 72990 Honeywell International Inc. COM 438516106 382240 2000 SH SOLE 2000 0 0 IAC, Inc. COM 44891N208 27450839 531993 SH SOLE 371210 0 160783 IDEXX Laboratories, Inc. COM 45168D104 62493497 124967 SH SOLE 111829 0 13138 Illumina, Inc. COM 452327109 24705647 106238 SH SOLE 95941 0 10297 International Money Express, I COM 46005L101 26864951 1042085 SH SOLE 797276 0 244809 Ishares Core S&P 500 Etf COM 464287200 2223943 5410 SH SOLE 2594 0 2816 iShares Core S&P U.S. Growth E COM 464287671 1347440 15179 SH SOLE 1391 0 13788 Ishares Tr Russell 1000 COM 464287622 590553 2622 SH SOLE 2622 0 0 Ishares Tr Russell 2000 COM 464287655 471868 2645 SH SOLE 2645 0 0 Ishares Tr Russell 2000 Growth COM 464287648 1537613 6779 SH SOLE 0 0 6779 Jack Henry & Associates, Inc. COM 426281101 25587448 169768 SH SOLE 91767 0 78001 Johnson & Johnson COM 478160104 2540295 16389 SH SOLE 16389 0 0 JPMorgan Chase & Co. COM 46625H100 830857 6376 SH SOLE 6376 0 0 Kadant, Inc. COM 48282T104 49418453 236996 SH SOLE 180737 0 56259 Kinsale Capital Group, Inc. COM 49714P108 59545067 198384 SH SOLE 130302 0 68082 Kornit Digital Ltd. COM m6372q113 35729054 1845509 SH SOLE 1253820 0 591689 Linde Plc COM g54950103 5640122 15868 SH SOLE 15859 0 9 Marathon Petroleum Corporation COM 56585A102 251323 1864 SH SOLE 444 0 1420 McDonald's Corporation COM 580135101 820655 2935 SH SOLE 2935 0 0 Medpace Holdings, Inc. COM 58506Q109 82872695 440695 SH SOLE 297739 0 142956 Medtronic plc COM G5960L103 327398 4061 SH SOLE 2935 0 1126 Microsoft Corporation COM 594918104 198373796 688081 SH SOLE 622723 0 65358 Model N, Inc. COM 607525102 45660176 1364212 SH SOLE 1035873 0 328339 National Instruments Corporati COM 636518102 67956379 1296630 SH SOLE 818860 0 477770 National Vision Holdings, Inc. COM 63845R107 19613024 1041031 SH SOLE 799729 0 241302 Neogen Corporation COM 640491106 49679770 2682493 SH SOLE 1808973 0 873520 Netflix Inc. COM 64110L106 24172545 69968 SH SOLE 62017 0 7951 NVIDIA Corporation COM 67066G104 87938114 316586 SH SOLE 280783 0 35803 Oak Street Health, Inc. COM 67181A107 1032911 26704 SH SOLE 20340 0 6364 Oatly Group AB Sponsored ADR COM 67421J108 314685 130035 SH SOLE 130035 0 0 Okta, Inc. COM 679295105 663617 7695 SH SOLE 7695 0 0 Ollie's Bargain Outlet Holding COM 681116109 32959980 568864 SH SOLE 433481 0 135383 Oracle Corporation COM 68389X105 446016 4800 SH SOLE 4800 0 0 OrthoPediatrics Corp. COM 68752l100 46170243 1042453 SH SOLE 653182 0 389271 Paychex, Inc. COM 704326107 2356314 20563 SH SOLE 20563 0 0 Paycom Software, Inc. COM 70432V102 121199059 398668 SH SOLE 292080 0 106588 Paycor HCM, Inc. COM 70435P102 34842851 1313833 SH SOLE 998363 0 315470 Paylocity Holding Corp. COM 70438V106 132014370 664123 SH SOLE 426493 0 237630 PayPal Holdings, Inc. COM 70450Y103 421999 5557 SH SOLE 4566 0 991 Pennant Group, Inc. COM 70805E109 19105212 1337900 SH SOLE 1020749 0 317151 PepsiCo, Inc. COM 713448108 3925101 21531 SH SOLE 21531 0 0 PETVIVO HLDGS INC COM NEW COM 716817408 39515 14369 SH SOLE 14369 0 0 Phreesia, Inc. COM 71944F106 29602955 916784 SH SOLE 699133 0 217651 Power Integrations, Inc. COM 739276103 57902922 684108 SH SOLE 520595 0 163513 PRA Group, Inc. COM 69354N106 29440864 755669 SH SOLE 576208 0 179461 Privia Health Group, Inc. COM 74276R102 62377616 2259240 SH SOLE 1716118 0 543122 Procter & Gamble Company COM 742718109 3220031 21656 SH SOLE 21123 0 533 Progyny, Inc. COM 74340E103 65170549 2028971 SH SOLE 1299207 0 729764 Ritchie Bros. Auctioneers, Inc COM 767744105 224327599 3985212 SH SOLE 2943798 0 1041414 Roche Holding Ltd. ADR COM 771195104 1494250 41669 SH SOLE 41669 0 0 Rockwell Automation Com COM 773903109 2645745 9016 SH SOLE 9016 0 0 Rollins, Inc. COM 775711104 127596331 3399849 SH SOLE 2431153 0 968696 S&P Global, Inc. COM 78409V104 72301749 209710 SH SOLE 189727 0 19983 Salesforce, Inc. COM 79466L302 72599053 363395 SH SOLE 325236 0 38159 ServiceNow, Inc. COM 81762P102 59762992 128600 SH SOLE 116155 0 12445 Snap-on, Inc. COM 833034101 2717518 11007 SH SOLE 11007 0 0 SPS Commerce, Inc. COM 78463M107 139841555 918198 SH SOLE 639349 0 278849 Squarespace, Inc. COM 85225A107 73110045 2301229 SH SOLE 1497625 0 803604 Starbucks Corporation COM 855244109 64192045 616461 SH SOLE 559994 0 56467 Stryker Corp Com COM 863667101 542393 1900 SH SOLE 1900 0 0 Target Corporation COM 87612E106 270474 1633 SH SOLE 1633 0 0 Tesla Inc. COM 88160R101 1356788 6540 SH SOLE 5940 0 600 TJX Companies, Inc. COM 872540109 3445646 43972 SH SOLE 43972 0 0 Tyler Technologies, Inc. COM 902252105 146252827 412398 SH SOLE 295140 0 117258 U.S. Bancorp COM 902973304 272322 7554 SH SOLE 7554 0 0 U.S. Physical Therapy, Inc. COM 90337L108 40035803 408904 SH SOLE 315443 0 93461 UnitedHealth Group, Inc. COM 91324P102 83323114 176312 SH SOLE 160033 0 16279 VANGUARD INDEX FDS EXTEND MKT COM 922908652 2583465 18427 SH SOLE 0 0 18427 Vanguard Index Fds Stk Mrk Etf COM 922908769 382483 1874 SH SOLE 1624 0 250 Veeva Systems, Inc. COM 922475108 80704946 439115 SH SOLE 397023 0 42092 Verisk Analytics, Inc. COM 92345Y106 127038844 662143 SH SOLE 496123 0 166020 Visa, Inc. COM 92826C839 45754437 202938 SH SOLE 180985 0 21953 Vsblty Groupe Technologies Cor COM 91834n100 7014 60000 SH SOLE 60000 0 0 Walmart, Inc. COM 931142103 2157341 14631 SH SOLE 14631 0 0 Walt Disney Company COM 254687106 352960 3525 SH SOLE 3525 0 0 Waste Mgmt COM 94106L109 407925 2500 SH SOLE 2500 0 0 Watsco, Inc. COM 942622200 41865473 131586 SH SOLE 69538 0 62048 Wells Fargo & Company COM 949746101 228018 6100 SH SOLE 1100 0 5000 West Pharmaceutical Services, COM 955306105 187402202 540890 SH SOLE 378338 0 162552 WillScot Mobile Mini Holdings COM 971378104 63554325 1355681 SH SOLE 1033220 0 322461 Workday, Inc. Class A COM 98138H101 1265264 6126 SH SOLE 6126 0 0 Workiva, Inc. COM 98139A105 205943847 2010974 SH SOLE 1448101 0 562873 Xcel Energy Inc Com COM 98389B100 215808 3200 SH SOLE 2000 0 1200 ZoomInfo Technologies, Inc. COM 98980f104 38058811 1540219 SH SOLE 1110462 0 429757 Zscaler, Inc. COM 98980G102 490219 4196 SH SOLE 4196 0 0 Fidelity 500 Index Fund Inst COM 315911750 1282233 8960 SH SOLE 8960 0 0 Fidelity Contra Fund COM 316071109 211600 15922 SH SOLE 15922 0 0 JPMORGAN TR II LARGE CAP GR A COM 4812C0506 511558 10763 SH SOLE 10763 0 0 Riverbridge Growth Fund - Inst COM 46141P404 18476828 716156 SH SOLE 716156 0 0 Third Ave Tr Real Estate Fd COM 884116401 209265 11043 SH SOLE 11043 0 0 Vanguard Explorer Fund Admiral COM 921926200 331435 3565 SH SOLE 3565 0 0 Vanguard Index Tr 500 Index Ad COM 922908710 5845940 15422 SH SOLE 11309 0 4113 Ares Capital Corporation BDC 04010L103 1331827 72877 SH SOLE 72877 0 0 Barings BDC Inc. BDC 06759L103 990245 124716 SH SOLE 124716 0 0 Golub Capital BDC, Inc. BDC 38173M102 605657 44665 SH SOLE 44665 0 0 Runway Growth Finance Corp. BDC 78163D100 368970 30418 SH SOLE 30418 0 0 Sixth Street Specialty Lending BDC 83012A109 1288430 70406 SH SOLE 70406 0 0 BlackRock Debt Strategies Fund CEF 09255R202 605521 63672 SH SOLE 63672 0 0 Blackrock Income Trust CEF 09247F209 635669 50490 SH SOLE 50490 0 0 BlackRock Muni Intermediate Du CEF 09253X102 901568 77189 SH SOLE 77189 0 0 BlackRock MuniHoldings Fund In CEF 09253N104 607453 50411 SH SOLE 50411 0 0 Blackrock Taxable Municipal Bo CEF 09248X100 277509 15486 SH SOLE 15486 0 0 Blackstone Strategic Credit Fu CEF 09257R101 695615 65316 SH SOLE 65316 0 0 BNY Mellon Strategic Municipal CEF 09662E109 616163 102523 SH SOLE 102523 0 0 DWS Municipal Income Trust CEF 233368109 762881 85717 SH SOLE 85717 0 0 DWS Strategic Municipal Income CEF 23342Q101 550810 64954 SH SOLE 64954 0 0 Federated Premier Municipal In CEF 31423P108 501291 46330 SH SOLE 46330 0 0 Invesco Municipal Opportunity CEF 46132C107 233772 23830 SH SOLE 23830 0 0 Invesco Municipal Trust CEF 46131J103 572979 57760 SH SOLE 57760 0 0 Invesco Quality Municipal Inco CEF 46133G107 777592 77915 SH SOLE 77915 0 0 Nuveen AMT-Free Quality Munici CEF 670657105 1546203 139047 SH SOLE 139047 0 0 Nuveen Credit Strategies Incom CEF 67073D102 489083 95711 SH SOLE 95711 0 0 Nuveen Municipal Credit Income CEF 67070X101 250305 20946 SH SOLE 20946 0 0 Nuveen Quality Municipal Incom CEF 67066V101 1224959 106241 SH SOLE 106241 0 0 Nuveen Senior Income Fund CEF 67067Y104 536539 116386 SH SOLE 116386 0 0 Nuveen Taxable Municipal Incom CEF 67074C103 273024 16937 SH SOLE 16937 0 0 PGIM High Yield Bond Fund Inc. CEF 69346H100 644782 52851 SH SOLE 52851 0 0 PIMCO Dynamic Income Fund CEF 72201Y101 233954 12983 SH SOLE 12983 0 0 PIMCO Dynamic Income Opportuni CEF 69355M107 728215 58727 SH SOLE 58727 0 0 Pioneer Floating Rate Trust CEF 72369J102 773909 88955 SH SOLE 88955 0 0 Pioneer Municipal High Income CEF 723762100 1022931 124293 SH SOLE 124293 0 0 Pioneer Municipal High Income CEF 723763108 1032902 116187 SH SOLE 116187 0 0 Principal Real Estate Income F CEF 74255X104 1356990 143445 SH SOLE 143445 0 0 RiverNorth Flexible Municipal CEF 76883Y107 863204 63941 SH SOLE 63941 0 0 RiverNorth Flexible Municipal CEF 76883H104 473328 30557 SH SOLE 30557 0 0 TCW Strategic Income Fund CEF 872340104 604848 129241 SH SOLE 129241 0 0 Vertical Capital Income Fund CEF 92535C104 1085859 110689 SH SOLE 110689 0 0 Western Asset Managed Municipa CEF 95766M105 313119 30459 SH SOLE 30459 0 0 Western Asset Mortgage Defined CEF 95790B109 1251565 119767 SH SOLE 119767 0 0 Western Asset Premier Bond Fun CEF 957664105 175420 17198 SH SOLE 17198 0 0