# EDGAR Filing Document

**Accession Number:** 0001112325
**File Stem:** 0001112325-23-000001
**Filing Date:** 2023-1
**Character Count:** 23199
**Document Hash:** ff7f1c9434adc779a7d42a90295b9ee8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001112325-23-000001.hdr.sgml**: 20230111

**ACCESSION NUMBER**: 0001112325-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230111

**DATE AS OF CHANGE**: 20230111

**EFFECTIVENESS DATE**: 20230111

**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:** 23523139

**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

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** RIVERBRIDGE PARTNERS LLC<br>**Address:** 1200 IDS CENTER<br>80 SOUTH EIGHTH STREET<br>MINNEAPOLIS, MN 55402

**Form 13F File Number:** 028-05655

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:** Lois Beckmen<br>**Title:** Compliance Associate<br>**Phone:** 612-904-6201

**Signature, Place, and Date of Signing:**

Lois Beckmen  Minneapolis, MN  01-11-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 195

**Form 13F Information Table Value Total:** $6660714

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M Company | COM | 88579Y101 |  | 318 | 2648 | SH |  | SOLE |  | 2648 | 0 | 0 |
| Abbott Laboratories | COM | 002824100 |  | 1727 | 15730 | SH |  | SOLE |  | 15730 | 0 | 0 |
| AbbVie Inc. | COM | 00287Y109 |  | 330 | 2040 | SH |  | SOLE |  | 2040 | 0 | 0 |
| Alarm.com Holdings Inc. | COM | 011642105 |  | 93712 | 1893940 | SH |  | SOLE |  | 1272542 | 0 | 621398 |
| Align Technology Inc. | COM | 016255101 |  | 52874 | 250706 | SH |  | SOLE |  | 179477 | 0 | 71229 |
| Alphabet Inc. Class A | COM | 02079K305 |  | 39066 | 442777 | SH |  | SOLE |  | 347844 | 0 | 94933 |
| Alphabet Inc. Class C | COM | 02079K107 |  | 28104 | 316740 | SH |  | SOLE |  | 309060 | 0 | 7680 |
| Amazon.com Inc. | COM | 023135106 |  | 60423 | 719327 | SH |  | SOLE |  | 641709 | 0 | 77618 |
| AMCOR PLC ORD | COM | G0250X107 |  | 182 | 15300 | SH |  | SOLE |  | 15300 | 0 | 0 |
| Amedisys Inc. | COM | 023436108 |  | 127473 | 1525893 | SH |  | SOLE |  | 1113684 | 0 | 412209 |
| American Express Company | COM | 025816109 |  | 395 | 2673 | SH |  | SOLE |  | 2673 | 0 | 0 |
| AMN Healthcare Services Inc. | COM | 001744101 |  | 68469 | 665909 | SH |  | SOLE |  | 444150 | 0 | 221759 |
| Analog Devices Inc. | COM | 032654105 |  | 83826 | 511043 | SH |  | SOLE |  | 466183 | 0 | 44860 |
| Ansys Inc. | COM | 03662Q105 |  | 115087 | 476373 | SH |  | SOLE |  | 334030 | 0 | 142343 |
| Apple Inc. | COM | 037833100 |  | 8769 | 67488 | SH |  | SOLE |  | 29631 | 0 | 37857 |
| Aspen Technology Inc. | COM | 29109x106 |  | 17522 | 85307 | SH |  | SOLE |  | 44784 | 0 | 40523 |
| ASSOCIATED BANC CORP COM | COM | 045487105 |  | 770 | 33365 | SH |  | SOLE |  | 33365 | 0 | 0 |
| Automatic Data Process Com | COM | 053015103 |  | 233 | 974 | SH |  | SOLE |  | 641 | 0 | 333 |
| Berkshire Hathaway Inc. Class | COM | 084670702 |  | 1019 | 3300 | SH |  | SOLE |  | 2825 | 0 | 475 |
| Bio-Techne Corporation | COM | 09073M104 |  | 68411 | 825421 | SH |  | SOLE |  | 408006 | 0 | 417415 |
| BlackLine Inc. | COM | 09239B109 |  | 140314 | 2085836 | SH |  | SOLE |  | 1545492 | 0 | 540344 |
| Bright Health Group Inc. | COM | 10920V107 |  | 31 | 47000 | SH |  | SOLE |  | 47000 | 0 | 0 |
| Bristol-Myers Squibb Company | COM | 110122108 |  | 286 | 3981 | SH |  | SOLE |  | 3981 | 0 | 0 |
| CCC Intelligent Solutions Hold | COM | 12510Q100 |  | 35012 | 4024336 | SH |  | SOLE |  | 3060274 | 0 | 964062 |
| Certara Inc. | COM | 15687V109 |  | 67288 | 4187184 | SH |  | SOLE |  | 3018504 | 0 | 1168680 |
| Charles River Laboratories Int | COM | 159864107 |  | 65546 | 300808 | SH |  | SOLE |  | 189487 | 0 | 111321 |
| Chemed Corporation | COM | 16359R103 |  | 51969 | 101815 | SH |  | SOLE |  | 76204 | 0 | 25611 |
| Cisco Systems Inc. | COM | 17275R102 |  | 3520 | 73885 | SH |  | SOLE |  | 73885 | 0 | 0 |
| Coca-Cola Company | COM | 191216100 |  | 465 | 7304 | SH |  | SOLE |  | 7304 | 0 | 0 |
| Cognex Corporation | COM | 192422103 |  | 85205 | 1808642 | SH |  | SOLE |  | 1182246 | 0 | 626396 |
| CoStar Group Inc. | COM | 22160N109 |  | 195236 | 2526341 | SH |  | SOLE |  | 1845000 | 0 | 681341 |
| Costco Wholesale Corporation | COM | 22160K105 |  | 391 | 857 | SH |  | SOLE |  | 857 | 0 | 0 |
| Danaher Corporation | COM | 235851102 |  | 85430 | 321868 | SH |  | SOLE |  | 290503 | 0 | 31365 |
| Definitive Healthcare Corp. Cl | COM | 24477E103 |  | 31293 | 2847381 | SH |  | SOLE |  | 1922219 | 0 | 925162 |
| Deluxe Corporation | COM | 248019101 |  | 275 | 16199 | SH |  | SOLE |  | 16199 | 0 | 0 |
| Descartes Systems Group Inc. | COM | 249906108 |  | 53318 | 765515 | SH |  | SOLE |  | 578048 | 0 | 187467 |
| Dollar General Corp | COM | 256677105 |  | 4544 | 18452 | SH |  | SOLE |  | 18452 | 0 | 0 |
| Ecolab Inc. | COM | 278865100 |  | 33933 | 233120 | SH |  | SOLE |  | 210755 | 0 | 22365 |
| Ensign Group Inc. | COM | 29358P101 |  | 155045 | 1638782 | SH |  | SOLE |  | 1161618 | 0 | 477164 |
| Entegris Inc. | COM | 29362U104 |  | 19710 | 300500 | SH |  | SOLE |  | 144208 | 0 | 156292 |
| Equifax Inc. | COM | 294429105 |  | 4201 | 21615 | SH |  | SOLE |  | 21615 | 0 | 0 |
| Exponent Inc. | COM | 30214u102 |  | 105082 | 1060467 | SH |  | SOLE |  | 699067 | 0 | 361400 |
| Fastenal Company | COM | 311900104 |  | 154487 | 3264734 | SH |  | SOLE |  | 2318554 | 0 | 946180 |
| Fiserv Inc. | COM | 337738108 |  | 311 | 3080 | SH |  | SOLE |  | 3080 | 0 | 0 |
| Five Below Inc. | COM | 33829M101 |  | 267205 | 1510743 | SH |  | SOLE |  | 1071354 | 0 | 439389 |
| Five9 Inc. | COM | 338307101 |  | 41315 | 608830 | SH |  | SOLE |  | 400310 | 0 | 208520 |
| Floor  Decor Holdings Inc. C | COM | 339750101 |  | 69946 | 1004538 | SH |  | SOLE |  | 703973 | 0 | 300565 |
| Freshpet Inc. | COM | 358039105 |  | 44011 | 834010 | SH |  | SOLE |  | 558877 | 0 | 275133 |
| Gentex Corporation | COM | 371901109 |  | 2309 | 84667 | SH |  | SOLE |  | 83683 | 0 | 984 |
| Glaukos Corporation | COM | 377322102 |  | 26155 | 598796 | SH |  | SOLE |  | 457574 | 0 | 141222 |
| Globant S.A. | COM | L44385109 |  | 231134 | 1374490 | SH |  | SOLE |  | 997249 | 0 | 377241 |
| GoDaddy Inc. Class A | COM | 380237107 |  | 45536 | 608605 | SH |  | SOLE |  | 305766 | 0 | 302839 |
| Goosehead Insurance Inc. | COM | 38267D109 |  | 14163 | 412445 | SH |  | SOLE |  | 315427 | 0 | 97018 |
| Grand Canyon Education Inc. | COM | 38526M106 |  | 217606 | 2059490 | SH |  | SOLE |  | 1498182 | 0 | 561308 |
| Grid Dynamics Holdings Inc. | COM | 39813G109 |  | 40033 | 3568001 | SH |  | SOLE |  | 2287528 | 0 | 1280473 |
| Guidewire Software Inc. | COM | 40171V100 |  | 44315 | 708359 | SH |  | SOLE |  | 473499 | 0 | 234860 |
| Healthcare Services Group Inc | COM | 421906108 |  | 25434 | 2119468 | SH |  | SOLE |  | 1651571 | 0 | 467897 |
| HEICO Corporation | COM | 422806109 |  | 180427 | 1174350 | SH |  | SOLE |  | 828257 | 0 | 346093 |
| Heska Corporation | COM | 42805e306 |  | 19648 | 316085 | SH |  | SOLE |  | 241580 | 0 | 74505 |
| Honeywell International Inc. | COM | 438516106 |  | 429 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| Hormel Foods Corp. | COM | 440452100 |  | 227 | 4980 | SH |  | SOLE |  | 4980 | 0 | 0 |
| IAC Inc. | COM | 44891N208 |  | 23055 | 519266 | SH |  | SOLE |  | 367523 | 0 | 151743 |
| IDEXX Laboratories Inc. | COM | 45168D104 |  | 51649 | 126604 | SH |  | SOLE |  | 113903 | 0 | 12701 |
| Illumina Inc. | COM | 452327109 |  | 21287 | 105275 | SH |  | SOLE |  | 95705 | 0 | 9570 |
| Intel Corporation | COM | 458140100 |  | 949 | 35924 | SH |  | SOLE |  | 35924 | 0 | 0 |
| Ishares Core S 500 Etf | COM | 464287200 |  | 9653 | 25125 | SH |  | SOLE |  | 20839 | 0 | 4286 |
| iShares Core S U.S. Growth E | COM | 464287671 |  | 3984 | 48870 | SH |  | SOLE |  | 1391 | 0 | 47479 |
| Ishares Tr Russell 1000 | COM | 464287622 |  | 552 | 2622 | SH |  | SOLE |  | 2622 | 0 | 0 |
| Ishares Tr Russell 2000 | COM | 464287655 |  | 16931 | 97102 | SH |  | SOLE |  | 97102 | 0 | 0 |
| Ishares Tr Russell 2000 Growth | COM | 464287648 |  | 2668 | 12437 | SH |  | SOLE |  | 669 | 0 | 11768 |
| Jack Henry  Associates Inc. | COM | 426281101 |  | 30407 | 173199 | SH |  | SOLE |  | 93786 | 0 | 79413 |
| Johnson  Johnson | COM | 478160104 |  | 2969 | 16808 | SH |  | SOLE |  | 16808 | 0 | 0 |
| JPMorgan Chase  Co. | COM | 46625H100 |  | 832 | 6205 | SH |  | SOLE |  | 6205 | 0 | 0 |
| Kadant Inc. | COM | 48282T104 |  | 43791 | 246529 | SH |  | SOLE |  | 187868 | 0 | 58661 |
| Kinsale Capital Group Inc. | COM | 49714P108 |  | 33543 | 128263 | SH |  | SOLE |  | 97859 | 0 | 30404 |
| Kornit Digital Ltd. | COM | m6372q113 |  | 42819 | 1864146 | SH |  | SOLE |  | 1263165 | 0 | 600981 |
| Linde Plc | COM | G5494J103 |  | 5292 | 16223 | SH |  | SOLE |  | 16214 | 0 | 9 |
| Marathon Petroleum Corporation | COM | 56585A102 |  | 217 | 1864 | SH |  | SOLE |  | 444 | 0 | 1420 |
| McDonald's Corporation | COM | 580135101 |  | 773 | 2935 | SH |  | SOLE |  | 2935 | 0 | 0 |
| Medpace Holdings Inc. | COM | 58506Q109 |  | 96794 | 455694 | SH |  | SOLE |  | 309213 | 0 | 146481 |
| Medtronic plc | COM | G5960L103 |  | 316 | 4061 | SH |  | SOLE |  | 2935 | 0 | 1126 |
| Microsoft Corporation | COM | 594918104 |  | 167738 | 699432 | SH |  | SOLE |  | 634307 | 0 | 65125 |
| Model N Inc. | COM | 607525102 |  | 57433 | 1416011 | SH |  | SOLE |  | 1073425 | 0 | 342586 |
| National Instruments Corporati | COM | 636518102 |  | 71963 | 1950205 | SH |  | SOLE |  | 1270230 | 0 | 679975 |
| National Vision Holdings Inc. | COM | 63845R107 |  | 42258 | 1090250 | SH |  | SOLE |  | 831292 | 0 | 258958 |
| Neogen Corporation | COM | 640491106 |  | 41105 | 2698945 | SH |  | SOLE |  | 1832581 | 0 | 866364 |
| Netflix Inc. | COM | 64110L106 |  | 20816 | 70591 | SH |  | SOLE |  | 62911 | 0 | 7680 |
| NVIDIA Corporation | COM | 67066G104 |  | 46919 | 321054 | SH |  | SOLE |  | 285220 | 0 | 35834 |
| Oak Street Health Inc. | COM | 67181A107 |  | 56090 | 2607606 | SH |  | SOLE |  | 1905687 | 0 | 701919 |
| Oatly Group AB Sponsored ADR | COM | 67421J108 |  | 226 | 130035 | SH |  | SOLE |  | 130035 | 0 | 0 |
| Okta Inc. | COM | 679295105 |  | 529 | 7747 | SH |  | SOLE |  | 7747 | 0 | 0 |
| Ollie's Bargain Outlet Holding | COM | 681116109 |  | 27634 | 589963 | SH |  | SOLE |  | 450226 | 0 | 139737 |
| Oracle Corporation | COM | 68389X105 |  | 403 | 4925 | SH |  | SOLE |  | 4925 | 0 | 0 |
| OrthoPediatrics Corp. | COM | 68752l100 |  | 42123 | 1060238 | SH |  | SOLE |  | 669111 | 0 | 391127 |
| Paychex Inc. | COM | 704326107 |  | 2429 | 21020 | SH |  | SOLE |  | 21020 | 0 | 0 |
| Paycom Software Inc. | COM | 70432V102 |  | 124174 | 400161 | SH |  | SOLE |  | 297428 | 0 | 102733 |
| Paycor HCM INC COM | COM | 70435P102 |  | 33288 | 1360366 | SH |  | SOLE |  | 1036582 | 0 | 323784 |
| Paylocity Holding Corp. | COM | 70438V106 |  | 131332 | 676061 | SH |  | SOLE |  | 441123 | 0 | 234938 |
| PayPal Holdings Inc. | COM | 70450Y103 |  | 11765 | 165198 | SH |  | SOLE |  | 148060 | 0 | 17138 |
| Pegasystems Inc. | COM | 705573103 |  | 46525 | 1358798 | SH |  | SOLE |  | 903679 | 0 | 455119 |
| Pennant Group Inc. | COM | 70805E109 |  | 15067 | 1372199 | SH |  | SOLE |  | 1048432 | 0 | 323767 |
| PepsiCo Inc. | COM | 713448108 |  | 3967 | 21959 | SH |  | SOLE |  | 21959 | 0 | 0 |
| PETVIVO HLDGS INC COM NEW | COM | 716817408 |  | 28 | 14369 | SH |  | SOLE |  | 14369 | 0 | 0 |
| Phreesia Inc. | COM | 71944F106 |  | 30621 | 946272 | SH |  | SOLE |  | 722087 | 0 | 224185 |
| Power Integrations Inc. | COM | 739276103 |  | 51046 | 711739 | SH |  | SOLE |  | 541147 | 0 | 170592 |
| PRA Group Inc. | COM | 69354N106 |  | 32129 | 951138 | SH |  | SOLE |  | 724894 | 0 | 226244 |
| Privia Health Group Inc. | COM | 74276R102 |  | 43909 | 1933473 | SH |  | SOLE |  | 1476725 | 0 | 456748 |
| Procter  Gamble Company | COM | 742718109 |  | 3341 | 22047 | SH |  | SOLE |  | 21514 | 0 | 533 |
| Progyny Inc. | COM | 74340E103 |  | 43865 | 1408198 | SH |  | SOLE |  | 924101 | 0 | 484097 |
| Pros Holdings Inc. | COM | 74346Y103 |  | 20326 | 837842 | SH |  | SOLE |  | 634562 | 0 | 203280 |
| Ritchie Bros. Auctioneers Inc | COM | 767744105 |  | 235876 | 4078780 | SH |  | SOLE |  | 3014200 | 0 | 1064580 |
| Roche Holding Ltd. ADR | COM | 771195104 |  | 1667 | 42588 | SH |  | SOLE |  | 42588 | 0 | 0 |
| Rockwell Automation Com | COM | 773903109 |  | 2374 | 9217 | SH |  | SOLE |  | 9217 | 0 | 0 |
| Rollins Inc. | COM | 775711104 |  | 126139 | 3452078 | SH |  | SOLE |  | 2486431 | 0 | 965647 |
| S Global Inc. | COM | 78409V104 |  | 71238 | 212688 | SH |  | SOLE |  | 193145 | 0 | 19543 |
| Salesforce Inc. | COM | 79466L302 |  | 48291 | 364211 | SH |  | SOLE |  | 328671 | 0 | 35540 |
| ServiceNow Inc. | COM | 81762P102 |  | 50492 | 130044 | SH |  | SOLE |  | 117949 | 0 | 12095 |
| Snap-on Inc. | COM | 833034101 |  | 2571 | 11253 | SH |  | SOLE |  | 11253 | 0 | 0 |
| SPS Commerce Inc. | COM | 78463M107 |  | 121177 | 943523 | SH |  | SOLE |  | 662542 | 0 | 280981 |
| Squarespace Inc. | COM | 85225A107 |  | 51499 | 2322899 | SH |  | SOLE |  | 1521952 | 0 | 800947 |
| Starbucks Corporation | COM | 855244109 |  | 62013 | 625128 | SH |  | SOLE |  | 569698 | 0 | 55430 |
| Stryker Corp Com | COM | 863667101 |  | 465 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| Target Corporation | COM | 87612E106 |  | 243 | 1633 | SH |  | SOLE |  | 1633 | 0 | 0 |
| Tesla Inc. | COM | 88160R101 |  | 798 | 6478 | SH |  | SOLE |  | 5878 | 0 | 600 |
| TJX Companies Inc. | COM | 872540109 |  | 3580 | 44971 | SH |  | SOLE |  | 44971 | 0 | 0 |
| Tyler Technologies Inc. | COM | 902252105 |  | 132685 | 411540 | SH |  | SOLE |  | 300000 | 0 | 111540 |
| U.S. Bancorp | COM | 902973304 |  | 329 | 7554 | SH |  | SOLE |  | 7554 | 0 | 0 |
| U.S. Physical Therapy Inc. | COM | 90337L108 |  | 32592 | 402222 | SH |  | SOLE |  | 304977 | 0 | 97245 |
| UnitedHealth Group Inc. | COM | 91324P102 |  | 95177 | 179518 | SH |  | SOLE |  | 163281 | 0 | 16237 |
| Vanguard Etf Small Cap Growth | COM | 922908595 |  | 519 | 2586 | SH |  | SOLE |  | 0 | 0 | 2586 |
| VANGUARD INDEX FDS EXTEND MKT | COM | 922908652 |  | 9600 | 72258 | SH |  | SOLE |  | 0 | 0 | 72258 |
| Vanguard Index Fds Stk Mrk Etf | COM | 922908769 |  | 463 | 2420 | SH |  | SOLE |  | 1624 | 0 | 796 |
| Veeva Systems Inc. Class A | COM | 922475108 |  | 57663 | 357310 | SH |  | SOLE |  | 325791 | 0 | 31519 |
| Verisk Analytics Inc. | COM | 92345Y106 |  | 118382 | 671025 | SH |  | SOLE |  | 504960 | 0 | 166065 |
| Visa Inc. | COM | 92826C839 |  | 42876 | 206372 | SH |  | SOLE |  | 184428 | 0 | 21944 |
| Vsblty Groupe Technologies Cor | COM | 91834n100 |  | 8 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| Walmart Inc. | COM | 931142103 |  | 2149 | 15157 | SH |  | SOLE |  | 15157 | 0 | 0 |
| Walt Disney Company | COM | 254687106 |  | 306 | 3525 | SH |  | SOLE |  | 3525 | 0 | 0 |
| Waste Mgmt | COM | 94106L109 |  | 392 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| Watsco Inc. | COM | 942622200 |  | 33391 | 133887 | SH |  | SOLE |  | 71435 | 0 | 62452 |
| Wells Fargo  Company | COM | 949746101 |  | 252 | 6100 | SH |  | SOLE |  | 1100 | 0 | 5000 |
| West Pharmaceutical Services | COM | 955306105 |  | 119413 | 507386 | SH |  | SOLE |  | 365497 | 0 | 141889 |
| WillScot Mobile Mini Holdings | COM | 971378104 |  | 63749 | 1411304 | SH |  | SOLE |  | 1074720 | 0 | 336584 |
| Workday Inc. Class A | COM | 98138H101 |  | 1032 | 6168 | SH |  | SOLE |  | 6168 | 0 | 0 |
| Workiva Inc. Class A | COM | 98139A105 |  | 182891 | 2178057 | SH |  | SOLE |  | 1592688 | 0 | 585369 |
| Xcel Energy Inc Com | COM | 98389B100 |  | 224 | 3200 | SH |  | SOLE |  | 2000 | 0 | 1200 |
| ZoomInfo Technologies Inc | COM | 98980f104 |  | 45958 | 1526339 | SH |  | SOLE |  | 1101670 | 0 | 424669 |
| Zscaler Inc. | COM | 98980G102 |  | 480 | 4286 | SH |  | SOLE |  | 4286 | 0 | 0 |
| Fidelity 500 Index Fund Inst | COM | 315911750 |  | 1611 | 12105 | SH |  | SOLE |  | 12105 | 0 | 0 |
| Fidelity Contra Fund | COM | 316071109 |  | 192 | 15922 | SH |  | SOLE |  | 15922 | 0 | 0 |
| JPMORGAN TR II LARGE CAP GR A | COM | 4812C0506 |  | 469 | 10763 | SH |  | SOLE |  | 10763 | 0 | 0 |
| Riverbridge Growth Fund - Inst | COM | 46141P404 |  | 16115 | 708349 | SH |  | SOLE |  | 708349 | 0 | 0 |
| Third Ave Tr Real Estate Fd | COM | 884116401 |  | 205 | 11043 | SH |  | SOLE |  | 11043 | 0 | 0 |
| Vanguard Explorer Fund Admiral | COM | 921926200 |  | 310 | 3565 | SH |  | SOLE |  | 3565 | 0 | 0 |
| Vanguard Fxd Inc Secs Shr Trm | COM | 922031406 |  | 1444 | 145141 | SH |  | SOLE |  | 145141 | 0 | 0 |
| Vanguard High-Yield Tax-Exempt | COM | 922907845 |  | 444 | 43269 | SH |  | SOLE |  | 43269 | 0 | 0 |
| Vanguard Index Tr 500 Index Ad | COM | 922908710 |  | 5458 | 15413 | SH |  | SOLE |  | 11296 | 0 | 4117 |
| Ares Capital Corporation | BDC | 04010L103 |  | 1318 | 71347 | SH |  | SOLE |  | 71347 | 0 | 0 |
| Barings BDC Inc. | BDC | 06759L103 |  | 993 | 121854 | SH |  | SOLE |  | 121854 | 0 | 0 |
| Golub Capital BDC Inc. | BDC | 38173M102 |  | 570 | 43332 | SH |  | SOLE |  | 43332 | 0 | 0 |
| Runway Growth Finance Corp. | BDC | 78163D100 |  | 344 | 29654 | SH |  | SOLE |  | 29654 | 0 | 0 |
| Sixth Street Specialty Lending | BDC | 83012A109 |  | 1224 | 68787 | SH |  | SOLE |  | 68787 | 0 | 0 |
| BlackRock Debt Strategies Fund | CEF | 09255R202 |  | 574 | 62339 | SH |  | SOLE |  | 62339 | 0 | 0 |
| Blackrock Income Trust | CEF | 09247F209 |  | 581 | 47100 | SH |  | SOLE |  | 47100 | 0 | 0 |
| BlackRock Muni Intermediate Du | CEF | 09253X102 |  | 871 | 76841 | SH |  | SOLE |  | 76841 | 0 | 0 |
| BlackRock MuniHoldings Fund In | CEF | 09253N104 |  | 616 | 50750 | SH |  | SOLE |  | 50750 | 0 | 0 |
| Blackrock Taxable Municipal Bo | CEF | 09248X100 |  | 243 | 14446 | SH |  | SOLE |  | 14446 | 0 | 0 |
| Blackstone Strategic Credit Fu | CEF | 09257R101 |  | 696 | 65787 | SH |  | SOLE |  | 65787 | 0 | 0 |
| BNY Mellon Strategic Municipal | CEF | 09662E109 |  | 597 | 103207 | SH |  | SOLE |  | 103207 | 0 | 0 |
| DWS Municipal Income Trust | CEF | 233368109 |  | 744 | 86354 | SH |  | SOLE |  | 86354 | 0 | 0 |
| DWS Strategic Municipal Income | CEF | 23342Q101 |  | 534 | 65399 | SH |  | SOLE |  | 65399 | 0 | 0 |
| Eaton Vance Limited Duration I | CEF | 27828H105 |  | 178 | 18962 | SH |  | SOLE |  | 18962 | 0 | 0 |
| Federated Premier Municipal In | CEF | 31423P108 |  | 489 | 46605 | SH |  | SOLE |  | 46605 | 0 | 0 |
| Invesco Municipal Opportunity | CEF | 46132C107 |  | 230 | 23166 | SH |  | SOLE |  | 23166 | 0 | 0 |
| Invesco Municipal Trust | CEF | 46131J103 |  | 575 | 58107 | SH |  | SOLE |  | 58107 | 0 | 0 |
| Invesco Quality Municipal Inco | CEF | 46133G107 |  | 739 | 78479 | SH |  | SOLE |  | 78479 | 0 | 0 |
| Nuveen AMT-Free Quality Munici | CEF | 670657105 |  | 1544 | 135821 | SH |  | SOLE |  | 135821 | 0 | 0 |
| Nuveen Credit Strategies Incom | CEF | 67073D102 |  | 455 | 89344 | SH |  | SOLE |  | 89344 | 0 | 0 |
| Nuveen Municipal Credit Income | CEF | 67070X101 |  | 246 | 20340 | SH |  | SOLE |  | 20340 | 0 | 0 |
| Nuveen Quality Municipal Incom | CEF | 67066V101 |  | 1225 | 103783 | SH |  | SOLE |  | 103783 | 0 | 0 |
| Nuveen Senior Income Fund | CEF | 67067Y104 |  | 518 | 112801 | SH |  | SOLE |  | 112801 | 0 | 0 |
| Nuveen Taxable Municipal Incom | CEF | 67074C103 |  | 252 | 15792 | SH |  | SOLE |  | 15792 | 0 | 0 |
| PGIM High Yield Bond Fund Inc. | CEF | 69346H100 |  | 610 | 51419 | SH |  | SOLE |  | 51419 | 0 | 0 |
| PIMCO Dynamic Income Fund | CEF | 72201Y101 |  | 235 | 12702 | SH |  | SOLE |  | 12702 | 0 | 0 |
| PIMCO Dynamic Income Opportuni | CEF | 69355M107 |  | 729 | 57076 | SH |  | SOLE |  | 57076 | 0 | 0 |
| Pioneer Floating Rate Trust | CEF | 72369J102 |  | 748 | 85289 | SH |  | SOLE |  | 85289 | 0 | 0 |
| Pioneer Municipal High Income | CEF | 723762100 |  | 982 | 121277 | SH |  | SOLE |  | 121277 | 0 | 0 |
| Pioneer Municipal High Income | CEF | 723763108 |  | 971 | 113213 | SH |  | SOLE |  | 113213 | 0 | 0 |
| Principal Real Estate Income F | CEF | 74255X104 |  | 1454 | 140496 | SH |  | SOLE |  | 140496 | 0 | 0 |
| RiverNorth Flexible Municipal | CEF | 76883Y107 |  | 851 | 62877 | SH |  | SOLE |  | 62877 | 0 | 0 |
| RiverNorth Flexible Municipal | CEF | 76883H104 |  | 460 | 29333 | SH |  | SOLE |  | 29333 | 0 | 0 |
| TCW Strategic Income Fund | CEF | 872340104 |  | 585 | 126566 | SH |  | SOLE |  | 126566 | 0 | 0 |
| Vertical Capital Income Fund | CEF | 92535C104 |  | 945 | 108466 | SH |  | SOLE |  | 108466 | 0 | 0 |
| Western Asset Managed Municipa | CEF | 95766M105 |  | 300 | 29832 | SH |  | SOLE |  | 29832 | 0 | 0 |
| Western Asset Mortgage Defined | CEF | 95790B109 |  | 1261 | 117088 | SH |  | SOLE |  | 117088 | 0 | 0 |

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