0001112325-23-000010.txt : 20231016 0001112325-23-000010.hdr.sgml : 20231016 20231016145131 ACCESSION NUMBER: 0001112325-23-000010 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230930 FILED AS OF DATE: 20231016 DATE AS OF CHANGE: 20231016 EFFECTIVENESS DATE: 20231016 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: 231327181 BUSINESS ADDRESS: STREET 1: 1500 IDS CENTER STREET 2: 80 SOUTH EIGHTH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 55402 MAIL ADDRESS: STREET 1: 1500 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 09-30-2023 09-30-2023 RIVERBRIDGE PARTNERS LLC
1500 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 10-16-2023 0 192 6892861689 false
INFORMATION TABLE 2 inftable.xml 2023 Q3 13F REPORT 3M Company COM 88579Y101 247906 2648 SH SOLE 2648 0 0 Abbott Laboratories COM 002824100 1522966 15725 SH SOLE 15725 0 0 AbbVie, Inc. COM 00287Y109 304082 2040 SH SOLE 2040 0 0 Accenture Plc COM G1151C101 1554898 5063 SH SOLE 5063 0 0 ACV Auctions, Inc. COM 00091G104 53612224 3531767 SH SOLE 2348646 0 1183121 Alarm.com Holdings, Inc. COM 011642105 108149430 1768882 SH SOLE 1146206 0 622676 Align Technology, Inc. COM 016255101 72351591 236970 SH SOLE 167709 0 69261 Alphabet, Inc. Class A COM 02079K305 53421086 408231 SH SOLE 327494 0 80736 Alphabet, Inc. Class C COM 02079K107 39177761 297139 SH SOLE 290919 0 6220 Amazon.com, Inc. COM 023135106 99007246 778849 SH SOLE 700779 0 78070 AMCOR PLC ORD COM G0250X107 140148 15300 SH SOLE 15300 0 0 Amedisys, Inc. COM 023436108 208714 2235 SH SOLE 1425 0 810 American Express Company COM 025816109 398785 2673 SH SOLE 2673 0 0 AMN Healthcare Services, Inc. COM 001744101 51069617 599549 SH SOLE 395853 0 203696 Analog Devices, Inc. COM 032654105 83959204 479520 SH SOLE 436550 0 42971 Ansys, Inc. COM 03662Q105 133664428 449217 SH SOLE 302287 0 146930 Apple Inc. COM 037833100 14225712 83089 SH SOLE 46232 0 36857 ASSOCIATED BANC CORP COM COM 045487105 557221 32567 SH SOLE 32567 0 0 Automatic Data Process Com COM 053015103 234325 974 SH SOLE 641 0 333 Berkshire Hathaway Inc. Class COM 084670702 1166499 3330 SH SOLE 2855 0 475 Bio-Techne Corporation COM 09073M104 49135054 721831 SH SOLE 345144 0 376688 BlackLine, Inc. COM 09239B109 108065479 1948179 SH SOLE 1415362 0 532817 Bristol-Myers Squibb Company COM 110122108 231057 3981 SH SOLE 3981 0 0 CCC Intelligent Solutions Hold COM 12510Q100 64441298 4827064 SH SOLE 3650211 0 1176853 Certara, Inc. COM 15687V109 38243742 2630244 SH SOLE 1670547 0 959697 Charles River Laboratories Int COM 159864107 53890962 274982 SH SOLE 172050 0 102932 Chemed Corporation COM 16359R103 51070925 98270 SH SOLE 74443 0 23827 Cisco Systems, Inc. COM 17275R102 1612746 29999 SH SOLE 29999 0 0 Coca-Cola Company COM 191216100 408878 7304 SH SOLE 7304 0 0 Cognex Corporation COM 192422103 69023549 1626380 SH SOLE 1056492 0 569887 CoStar Group, Inc. COM 22160N109 177525200 2308820 SH SOLE 1686485 0 622336 Costco Wholesale Corporation COM 22160K105 484171 857 SH SOLE 857 0 0 Danaher Corporation COM 235851102 76346007 307723 SH SOLE 277750 0 29973 Definitive Healthcare Corporat COM 24477E103 20843838 2608741 SH SOLE 1755289 0 853452 Descartes Systems Group, Inc. COM 249906108 52427446 714465 SH SOLE 539583 0 174882 Dollar General Corporation COM 256677105 1835313 17347 SH SOLE 17347 0 0 DoubleVerify Holdings, Inc. COM 25862V105 38024880 1360461 SH SOLE 1027487 0 332974 Ecolab, Inc. COM 278865100 36147048 213383 SH SOLE 191328 0 22055 Ensign Group, Inc. COM 29358P101 122019949 1313031 SH SOLE 927162 0 385868 Entegris, Inc. COM 29362U104 26256778 279595 SH SOLE 133132 0 146463 Equifax, Inc. COM 294429105 3586848 19581 SH SOLE 19581 0 0 Exponent, Inc. COM 30214u102 81622460 953533 SH SOLE 623119 0 330415 Fastenal Company COM 311900104 159002239 2909997 SH SOLE 2046983 0 863014 Fiserv, Inc. COM 337738108 347917 3080 SH SOLE 3080 0 0 Five Below, Inc. COM 33829M101 218637798 1358843 SH SOLE 961126 0 397717 Five9, Inc. COM 338307101 47375599 736790 SH SOLE 487732 0 249058 Floor & Decor Holdings, Inc. COM 339750101 137980863 1524650 SH SOLE 1092206 0 432444 Freshpet, Inc. COM 358039105 68537337 1040336 SH SOLE 717339 0 322997 Gentex Corporation COM 371901109 363732 11178 SH SOLE 11178 0 0 Glaukos Corporation COM 377322102 41484444 551288 SH SOLE 417761 0 133527 Globant S.A. COM L44385109 272995867 1379812 SH SOLE 1001036 0 378776 GoDaddy, Inc. COM 380237107 40006238 537141 SH SOLE 263759 0 273382 Goosehead Insurance, Inc. COM 38267D109 28380944 380799 SH SOLE 288718 0 92081 Grand Canyon Education, Inc. COM 38526M106 204532642 1749937 SH SOLE 1247573 0 502365 Grid Dynamics Holdings, Inc. COM 39813G109 40277117 3306824 SH SOLE 2085756 0 1221068 Guidewire Software, Inc. COM 40171V100 93250428 1036116 SH SOLE 698248 0 337868 HEICO Corporation COM 422806109 172160400 1063178 SH SOLE 749285 0 313893 Honeywell International Inc. COM 438516106 375022 2030 SH SOLE 2030 0 0 IAC, Inc. COM 44891N208 24843828 493031 SH SOLE 345693 0 147338 IDEXX Laboratories, Inc. COM 45168D104 52302154 119611 SH SOLE 107142 0 12469 Illumina, Inc. COM 452327109 819562 5970 SH SOLE 5970 0 0 International Money Express, I COM 46005L101 16642946 983045 SH SOLE 751150 0 231895 Ishares Core S&P 500 Etf COM 464287200 1114796 2596 SH SOLE 1507 0 1089 iShares Core S&P U.S. Growth E COM 464287671 1122370 11836 SH SOLE 1391 0 10445 Ishares Tr Russell 1000 COM 464287622 530427 2258 SH SOLE 2258 0 0 Ishares Tr Russell 2000 COM 464287655 1506885 8526 SH SOLE 8526 0 0 Ishares Tr Russell 2000 Growth COM 464287648 1619183 7224 SH SOLE 17 0 7207 Jack Henry & Associates, Inc. COM 426281101 23071138 152647 SH SOLE 81388 0 71259 Johnson & Johnson COM 478160104 2412100 15487 SH SOLE 15487 0 0 JPMorgan Chase & Co. COM 46625H100 924648 6376 SH SOLE 6376 0 0 Kadant, Inc. COM 48282T104 50838012 225396 SH SOLE 170667 0 54728 Kinsale Capital Group, Inc. COM 49714P108 96764313 233657 SH SOLE 157651 0 76006 Kornit Digital Ltd. COM m6372q113 32826766 1735947 SH SOLE 1164884 0 571063 Linde Plc COM g54950103 5482854 14725 SH SOLE 14716 0 9 Marathon Petroleum Corporation COM 56585A102 282098 1864 SH SOLE 444 0 1420 McDonald's Corporation COM 580135101 773196 2935 SH SOLE 2935 0 0 Medpace Holdings, Inc. COM 58506Q109 147502427 609187 SH SOLE 442857 0 166330 Medtronic plc COM G5960L103 317436 4051 SH SOLE 2935 0 1116 Meta Platforms Inc. Class A COM 30303M102 238367 794 SH SOLE 694 0 100 Microsoft Corporation COM 594918104 202713364 642006 SH SOLE 581154 0 60852 Model N, Inc. COM 607525102 31733488 1300020 SH SOLE 986722 0 313298 Motorola Solutions, Inc. COM 620076307 25560208 93889 SH SOLE 84967 0 8922 National Instruments Corporati COM 636518102 415886 6976 SH SOLE 6705 0 271 Neogen Corporation COM 640491106 37264804 2009968 SH SOLE 1248593 0 761375 Netflix Inc. COM 64110L106 25240854 66845 SH SOLE 59287 0 7558 NVIDIA Corporation COM 67066G104 122377620 281334 SH SOLE 248989 0 32346 Oatly Group AB Sponsored ADR COM 67421J108 153757 171585 SH SOLE 171585 0 0 Okta, Inc. COM 679295105 411626 5050 SH SOLE 5050 0 0 Option Care Health, Inc. COM 68404L201 38765205 1198306 SH SOLE 906850 0 291456 Oracle Corporation COM 68389X105 508416 4800 SH SOLE 4800 0 0 OrthoPediatrics Corporation COM 68752l100 30418882 950590 SH SOLE 596015 0 354575 Paychex, Inc. COM 704326107 2205917 19127 SH SOLE 19127 0 0 Paycom Software, Inc. COM 70432V102 112350783 433335 SH SOLE 298126 0 135209 Paycor HCM, Inc. COM 70435P102 28809208 1261901 SH SOLE 960256 0 301645 Paylocity Holding Corporation COM 70438V106 151838906 835657 SH SOLE 567930 0 267727 PayPal Holdings, Inc. COM 70450Y103 321705 5503 SH SOLE 4566 0 937 Pennant Group, Inc. COM 70805E109 14207756 1276528 SH SOLE 965668 0 310860 PepsiCo, Inc. COM 713448108 3405405 20098 SH SOLE 20098 0 0 PETVIVO HLDGS INC COM NEW COM 716817408 26439 14369 SH SOLE 14369 0 0 Phreesia, Inc. COM 71944F106 16070899 860327 SH SOLE 658165 0 202162 Power Integrations, Inc. COM 739276103 49632261 650403 SH SOLE 491607 0 158797 Powerschool Holdings, Inc. COM 73939C106 32973243 1455130 SH SOLE 1115173 0 339957 Privia Health Group, Inc. COM 74276R102 91851262 3993533 SH SOLE 2857389 0 1136144 Procter & Gamble Company COM 742718109 2963438 20317 SH SOLE 19784 0 533 Progyny, Inc. COM 74340E103 63829745 1876242 SH SOLE 1192387 0 683855 RB Global, Inc. COM 74935Q107 224115652 3585850 SH SOLE 2620489 0 965361 Repligen Corporation COM 759916109 66427330 417756 SH SOLE 266899 0 150857 Roche Holding Ltd. ADR COM 771195104 1311225 38645 SH SOLE 38645 0 0 Rockwell Automation Com COM 773903109 2350423 8222 SH SOLE 8222 0 0 Rollins, Inc. COM 775711104 117654470 3151740 SH SOLE 2263464 0 888276 S&P Global, Inc. COM 78409V104 73119283 200102 SH SOLE 181142 0 18960 Salesforce, Inc. COM 79466L302 70403365 347191 SH SOLE 311366 0 35825 ServiceNow, Inc. COM 81762P102 68918842 123298 SH SOLE 111601 0 11697 Snap-on, Inc. COM 833034101 2596256 10179 SH SOLE 10179 0 0 SPS Commerce, Inc. COM 78463M107 141295273 828177 SH SOLE 565323 0 262854 Squarespace, Inc. COM 85225A107 61909794 2137031 SH SOLE 1383493 0 753538 Starbucks Corporation COM 855244109 53697974 588342 SH SOLE 534675 0 53667 Stevanato Group SpA COM T9224W109 21271654 715735 SH SOLE 548086 0 167649 Stryker Corp Com COM 863667101 519213 1900 SH SOLE 1900 0 0 Tesla Inc. COM 88160R101 1648950 6590 SH SOLE 5990 0 600 TJX Companies, Inc. COM 872540109 3631370 40857 SH SOLE 40857 0 0 Toast, Inc. COM 888787108 24647074 1315914 SH SOLE 639188 0 676726 Trade Desk, Inc. COM 88339J105 37509042 479962 SH SOLE 430914 0 49048 Tyler Technologies, Inc. COM 902252105 150771452 390458 SH SOLE 274359 0 116099 U.S. Bancorp COM 902973304 249735 7554 SH SOLE 7554 0 0 U.S. Physical Therapy, Inc. COM 90337L108 35634147 388468 SH SOLE 297624 0 90844 UnitedHealth Group, Inc. COM 91324P102 84811228 168213 SH SOLE 152930 0 15282 VANGUARD INDEX FDS EXTEND MKT COM 922908652 2646668 18466 SH SOLE 0 0 18466 Vanguard Index Fds Stk Mrk Etf COM 922908769 403375 1899 SH SOLE 1624 0 275 Veeva Systems, Inc. COM 922475108 87062370 427930 SH SOLE 388230 0 39700 Verisk Analytics, Inc. COM 92345Y106 94585659 400380 SH SOLE 314475 0 85905 Visa, Inc. COM 92826C839 46424731 201838 SH SOLE 181125 0 20713 Vsblty Groupe Technologies Cor COM 91834n100 2430 60000 SH SOLE 60000 0 0 Walmart, Inc. COM 931142103 2166572 13547 SH SOLE 13547 0 0 Walt Disney Company COM 254687106 285703 3525 SH SOLE 3525 0 0 Waste Mgmt COM 94106L109 381100 2500 SH SOLE 2500 0 0 Watsco, Inc. COM 942622200 45550506 120593 SH SOLE 64107 0 56486 Wells Fargo & Company COM 949746101 249246 6100 SH SOLE 1100 0 5000 West Pharmaceutical Services, COM 955306105 179177768 477540 SH SOLE 340263 0 137277 WillScot Mobile Mini Holdings COM 971378104 53688847 1290908 SH SOLE 977189 0 313719 Workday, Inc. Class A COM 98138H101 1316171 6126 SH SOLE 6126 0 0 Workiva, Inc. COM 98139A105 194055707 1914897 SH SOLE 1360009 0 554888 ZoomInfo Technologies, Inc. COM 98980f104 22407323 1366300 SH SOLE 976644 0 389656 Zscaler, Inc. COM 98980G102 652856 4196 SH SOLE 4196 0 0 Fidelity 500 Index Fund Inst COM 315911750 1239445 8298 SH SOLE 8298 0 0 Fidelity Contra Fund COM 316071109 237235 15922 SH SOLE 15922 0 0 JPMORGAN TR II LRG CAP GROWTH COM 4812C0530 556164 10474 SH SOLE 10474 0 0 Riverbridge Growth Fund - Inst COM 46141P404 19675058 732504 SH SOLE 732504 0 0 Third Ave Tr Real Estate Fd COM 884116401 209597 11043 SH SOLE 11043 0 0 Vanguard Explorer Fund Admiral COM 921926200 327550 3565 SH SOLE 3565 0 0 Vanguard Index Tr 500 Index Ad COM 922908710 6108510 15442 SH SOLE 11332 0 4110 Ares Capital Corporation BDC 04010L103 899826 46216 SH SOLE 46216 0 0 Barings BDC Inc. BDC 06759L103 988083 110896 SH SOLE 110896 0 0 Golub Capital BDC, Inc. BDC 38173M102 525699 35835 SH SOLE 35835 0 0 Runway Growth Finance Corp. BDC 78163D100 413791 32277 SH SOLE 32277 0 0 Sixth Street Specialty Lending BDC 83012A109 1351861 66138 SH SOLE 66138 0 0 Blackrock Credit Allocation CEF 092508100 157823 16304 SH SOLE 16304 0 0 Blackrock Income Trust CEF 09247F209 558189 49050 SH SOLE 49050 0 0 Blackrock Taxable Municipal Bo CEF 09248X100 274563 18111 SH SOLE 18111 0 0 Blackstone Strategic Credit Fu CEF 09257R101 973000 88535 SH SOLE 88535 0 0 Brookfield Real Assets Income CEF 112830104 645636 52705 SH SOLE 52705 0 0 Carlyle Credit Income Fund A o CEF 92535C104 572445 69981 SH SOLE 69981 0 0 Eaton Vance Limited Duration I CEF 27828H105 156763 17341 SH SOLE 17341 0 0 FS Credit Opportunities Corp CEF 30290Y101 710210 131035 SH SOLE 131035 0 0 John Hancock Income Securities CEF 410123103 231609 22574 SH SOLE 22574 0 0 Nuveen Credit Strategies Incom CEF 67073D102 945001 186759 SH SOLE 186759 0 0 Nuveen Floating Rate Income Fu CEF 67072T108 601818 73303 SH SOLE 73303 0 0 Nuveen Taxable Municipal Incom CEF 67074C103 287781 19806 SH SOLE 19806 0 0 PGIM High Yield Bond Fund Inc. CEF 69346H100 669728 56853 SH SOLE 56853 0 0 PIMCO Dynamic Income Opportuni CEF 69355M107 591315 49774 SH SOLE 49774 0 0 Pioneer Floating Rate Trust CEF 72369J102 886134 98350 SH SOLE 98350 0 0 Principal Real Estate Income F CEF 74255X104 1371639 151898 SH SOLE 151898 0 0 TCW Strategic Income Fund CEF 872340104 625509 136574 SH SOLE 136574 0 0 Western Asset Mortgage Defined CEF 95790B109 1358392 126834 SH SOLE 126834 0 0 BlackRock Muni Intermediate Du NCEF 09253X102 801068 78923 SH SOLE 78923 0 0 BlackRock MuniHoldings Fund In NCEF 09253N104 516799 50126 SH SOLE 50126 0 0 BlackRock MuniVest Fund, Inc. NCEF 09253R105 290941 48010 SH SOLE 48010 0 0 BNY Mellon Strategic Municipal NCEF 09662E109 507059 102024 SH SOLE 102024 0 0 DWS Municipal Income Trust NCEF 233368109 656818 85301 SH SOLE 85301 0 0 DWS Strategic Municipal Income NCEF 23342Q101 487477 64738 SH SOLE 64738 0 0 Federated Premier Municipal In NCEF 31423P108 441523 46088 SH SOLE 46088 0 0 Invesco Municipal Opportunity NCEF 46132C107 211042 25643 SH SOLE 25643 0 0 Invesco Municipal Trust NCEF 46131J103 479492 57493 SH SOLE 57493 0 0 Invesco Quality Municipal Inco NCEF 46133G107 650804 77569 SH SOLE 77569 0 0 Nuveen AMT-Free Quality Munici NCEF 670657105 1427326 147451 SH SOLE 147451 0 0 Nuveen Municipal Credit Income NCEF 67070X101 233611 22398 SH SOLE 22398 0 0 Nuveen Quality Municipal Incom NCEF 67066V101 1146033 113021 SH SOLE 113021 0 0 Pioneer Municipal High Income NCEF 723762100 895077 132998 SH SOLE 132998 0 0 Pioneer Municipal High Income NCEF 723763108 900164 124504 SH SOLE 124504 0 0 RiverNorth Flexible Municipal NCEF 76883Y107 832339 67560 SH SOLE 67560 0 0 RiverNorth Flexible Municipal NCEF 76883H104 481896 33699 SH SOLE 33699 0 0 Western Asset Managed Municipa NCEF 95766M105 288421 32298 SH SOLE 32298 0 0