Latest RIVERBRIDGE PARTNERS LLC Stock Portfolio

RIVERBRIDGE PARTNERS LLC Performance:

2024 Q3: 3.62%YTD: 4.98%2023: 19.52%

Performance for 2024 Q3 is 3.62%, and YTD is 4.98%, and 2023 is 19.52%.

About RIVERBRIDGE PARTNERS LLC and 13F Hedge Fund Stock Holdings

RIVERBRIDGE PARTNERS LLC is a hedge fund based in MINNEAPOLIS, MN. On 29-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $6.3 Billions. In it's latest 13F Holdings report, RIVERBRIDGE PARTNERS LLC reported an equity portfolio of $7.5 Billions as of 30 Sep, 2024.

The top stock holdings of RIVERBRIDGE PARTNERS LLC are NVDA, MSFT, . The fund has invested 3.4% of it's portfolio in NVIDIA CORPORATION and 3.3% of portfolio in MICROSOFT CORPORATION.

The fund managers got completely rid off POWERSCHOOL HOLDINGS, INC. (PWSC), SQUARESPACE, INC. (SQSP) and AMN HEALTHCARE SERVICES, INC. (AMN) stocks. They significantly reduced their stock positions in PIONEER MUNICIPAL HIGH INCOME, ISHARES CORE S&P 500 ETF (IJR) and VANGUARD INDEX FDS EXTEND MKT (VB). RIVERBRIDGE PARTNERS LLC opened new stock positions in CINTAS CORPORATION (CTAS), ANGEL OAK FINANCIAL STRATEGIES and MEDTRONIC PLC (MDT). The fund showed a lot of confidence in some stocks as they added substantially to ALKAMI TECHNOLOGY, INC. (ALKT), HILLMAN SOLUTIONS CORPORATION (HLMN) and FIDELITY 500 INDEX FUND INST.

RIVERBRIDGE PARTNERS LLC Annual Return Estimates Vs S&P 500

Our best estimate is that RIVERBRIDGE PARTNERS LLC made a return of 3.62% in the last quarter. In trailing 12 months, it's portfolio return was 13.43%.

New Buys

Ticker	$ Bought
cintas corporation	42,328,500
angel oak financial strategies	991,619
bny mellon strategic municipal	908,718
putnam municipal opportunities	728,109
pimco california municipal inc	726,546
blackrock munivest fund ii, in	388,205
mfs municipal income trust	346,615
abrdn national municipal incom	340,998

New stocks bought by RIVERBRIDGE PARTNERS LLC

Additions

Ticker	% Inc.
alkami technology, inc.	993
hillman solutions corporation	337
fidelity 500 index fund inst	164
bny mellon municipal bond infr	164
ambev sa sponsored adr	48.89
kadant, inc.	45.29
bny mellon strategic municipal	40.35
transcat, inc.	37.07

Additions to existing portfolio by RIVERBRIDGE PARTNERS LLC

Reductions

Ticker	% Reduced
pioneer municipal high income	-80.93
ishares core s&p 500 etf	-74.99
invesco municipal opportunity	-74.86
invesco trust for investment g	-69.86
ishares core s&p u.s. growth e	-51.13
invesco municipal trust	-51.03
pimco dynamic income opportuni	-49.22
vanguard index fds extend mkt	-48.71

RIVERBRIDGE PARTNERS LLC reduced stake in above stock

Sold off

Ticker	$ Sold
powerschool holdings, inc.	-53,247,800
zoominfo technologies, inc.	-17,041,300
squarespace, inc.	-34,707,400
amn healthcare services, inc.	-17,479,400
pioneer municipal high income	-809,630
blackrock muni intermediate du	-999,910
blackstone strategic credit fu	-919,014
federated premier municipal in	-525,529

RIVERBRIDGE PARTNERS LLC got rid off the above stocks

Sector Distribution

RIVERBRIDGE PARTNERS LLC has about 35.1% of it's holdings in Technology sector.

Sector	%
Technology	35.1
Healthcare	20.7
Industrials	15.2
Consumer Cyclical	9.7
Others	6.3
Consumer Defensive	4.7
Financial Services	4.4
Real Estate	1.9
Communication Services	1.9

Market Cap. Distribution

RIVERBRIDGE PARTNERS LLC has about 58% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	43.5
MID-CAP	32.8
MEGA-CAP	14.5
UNALLOCATED	6.3
SMALL-CAP	2.8

Stocks belong to which Index?

About 59.9% of the stocks held by RIVERBRIDGE PARTNERS LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	40.1
S&P 500	39.9
RUSSELL 2000	20

Top 5 Winners (%)		%
GSHD	goosehead insurance, inc.	55.3 %
DOCS	doximity, inc.	54.8 %
PNTG	pennant group, inc.	53.4 %
GDYN	grid dynamics holdings, inc.	32.9 %
TSLA	tesla, inc.	32.2 %

Top 5 Winners ($)		$
GWRE	guidewire software, inc.	44.0 M
HEI	heico corporation	36.1 M
TYL	tyler technologies, inc.	31.5 M
FND	floor & decor holdings, inc.	30.8 M
PCTY	paylocity holding corporation	26.5 M

Top 5 Losers (%)		%
CTAS	cintas corporation	-72.8 %
PGNY	progyny, inc.	-39.7 %
DG	dollar general corporation	-35.3 %
FIVN	five9, inc.	-34.3 %
SYM	symbotic, inc.	-30.6 %

Top 5 Losers ($)		$
CTAS	cintas corporation	-113.2 M
MEDP	medpace holdings, inc.	-42.6 M
FIVE	five below, inc.	-29.1 M
PGNY	progyny, inc.	-20.9 M
WST	west pharmaceutical services,	-14.2 M

RIVERBRIDGE PARTNERS LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of RIVERBRIDGE PARTNERS LLC

RIVERBRIDGE PARTNERS LLC has 182 stocks in it's portfolio. About 28.8% of the portfolio is in top 10 stocks. CTAS proved to be the most loss making stock for the portfolio. GWRE was the most profitable stock for RIVERBRIDGE PARTNERS LLC last quarter.

Last Reported on: 15 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc.	0.10	33,532	7,812,960	reduced	-1.78

ACN	accenture plc	0.02	4,301	1,520,320	reduced	-3.85

ACVA	acv auctions, inc.	1.11	4,086,720	83,083,100	added	17.44

ADI	analog devices, inc.	1.33	434,251	99,951,600	reduced	-1.74

ALGN	align technology, inc.	0.89	261,607	66,532,000	reduced	-6.42

ALKT	alkami technology, inc.	0.85	2,027,210	63,938,200	added	993

ALRM	alarm.com holdings, inc.	0.87	1,191,800	65,155,500	reduced	-5.92

AMN	amn healthcare services, inc.	0.00	0.00	0.00	sold off	-100

AMZN	amazon.com, inc.	1.76	708,096	131,939,000	reduced	-1.59

ANSS	ansys, inc.	1.57	368,040	117,269,000	reduced	-6.09

BL	blackline, inc.	0.94	1,272,560	70,168,900	reduced	-29.91

CCCS	ccc intelligent solutions hold	0.94	6,337,720	70,031,900	reduced	-5.66

CERT	certara, inc.	0.38	2,400,920	28,114,700	reduced	-9.01

CGNX	cognex corporation	0.81	1,489,340	60,318,500	reduced	-7.09

CHE	chemed corporation	0.68	84,873	51,006,300	reduced	-3.32

CRL	charles river laboratories int	0.70	266,447	52,482,100	reduced	-7.89

CRM	salesforce, inc.	1.15	313,231	85,734,500	reduced	-1.47

CSGP	costar group, inc.	1.86	1,842,020	138,962,000	reduced	-4.43

CTAS	cintas corporation	0.56	205,598	42,328,500	new

DG	dollar general corporation	0.02	16,285	1,377,220	reduced	-2.77