# EDGAR Filing Document

**Accession Number:** 0001050442
**File Stem:** 0001050442-23-000002
**Filing Date:** 2023-2
**Character Count:** 10903
**Document Hash:** 2e0216d13c69be76067cabca1d527e7f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001050442-23-000002.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001050442-23-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DISCIPLINED GROWTH INVESTORS INC /MN
- **CENTRAL INDEX KEY:** 0001050442
- **IRS NUMBER:** 411901233
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06630
- **FILM NUMBER:** 23627793

**BUSINESS ADDRESS:**
- **STREET 1:** 150 S 5TH ST
- **STREET 2:** SUITE 2550
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402
- **BUSINESS PHONE:** 6123174100

**MAIL ADDRESS:**
- **STREET 1:** 150 S. FIFTH ST
- **STREET 2:** SUITE 2550
- **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:** DISCIPLINED GROWTH INVESTORS INC /MN<br>**Address:** 150 S. FIFTH ST<br>SUITE 2550<br>MINNEAPOLIS, MN 55402

**Form 13F File Number:** 028-06630

**CRD Number (if applicable):** 000106746

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:** Peter G. Rieke<br>**Title:** Chief Operating / Compliance Officer<br>**Phone:** 612-317-4108

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

Peter G. Rieke  Minneapolis, MN  02-14-2023<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:** 69

**Form 13F Information Table Value Total:** $3903294960

      (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 |
| AKAMAI TECHNOLOGIES COM | CS | 00971T101 |  | 136293542 | 1616768 | SH |  | SOLE |  | 1304747 | 0 | 312021 |
| ALARM COM HLDGS INC COM | CS | 011642105 |  | 94802196 | 1915970 | SH |  | SOLE |  | 1597664 | 0 | 318306 |
| ALIGN TECHNOLOGY INC | CS | 016255101 |  | 107852151 | 511390 | SH |  | SOLE |  | 436657 | 0 | 74733 |
| APPLE INC COM | CS | 037833100 |  | 273633 | 2106 | SH |  | SOLE |  | 2106 | 0 | 0 |
| ARISTA NETWORKS INC COM | CS | 040413106 |  | 94942177 | 782383 | SH |  | SOLE |  | 628422 | 0 | 153961 |
| AUTODESK INC COM | CS | 052769106 |  | 86547906 | 463145 | SH |  | SOLE |  | 370167 | 0 | 92978 |
| CARA THERAPEUTICS INC COM | CS | 140755109 |  | 18499016 | 1722441 | SH |  | SOLE |  | 1722441 | 0 | 0 |
| CEVA INC COM | CS | 157210105 |  | 11179969 | 437059 | SH |  | SOLE |  | 437059 | 0 | 0 |
| CHEVRON CORP NEW COM | CS | 166764100 |  | 318595 | 1775 | SH |  | SOLE |  | 1775 | 0 | 0 |
| COGNEX CORP COM | CS | 192422103 |  | 109395356 | 2322126 | SH |  | SOLE |  | 1864818 | 0 | 457308 |
| COHERUS BIOSCIENCES INC COM | CS | 19249H103 |  | 9055886 | 1143420 | SH |  | SOLE |  | 1143420 | 0 | 0 |
| CORE LABORATORIES N V COM | CS | N22717107 |  | 17854161 | 880817 | SH |  | SOLE |  | 747446 | 0 | 133371 |
| COTERRA ENERGY INC COM | CS | 127097103 |  | 141652217 | 5765251 | SH |  | SOLE |  | 4687513 | 0 | 1077738 |
| DOLBY LABORATORIES INC COM CL | CS | 25659T107 |  | 113753368 | 1612608 | SH |  | SOLE |  | 1325755 | 0 | 286853 |
| DULUTH HLDGS INC COM CL B | CS | 26443V101 |  | 6340284 | 1025936 | SH |  | SOLE |  | 1025936 | 0 | 0 |
| EGAIN CORP COM NEW | CS | 28225C806 |  | 9184666 | 1017128 | SH |  | SOLE |  | 1017128 | 0 | 0 |
| ENLINK MIDSTREAM LLC COM UNIT | CS | 29336T100 |  | 192335 | 15637 | SH |  | SOLE |  | 15637 | 0 | 0 |
| EVERBRIDGE INC COM | CS | 29978A104 |  | 3363719 | 113716 | SH |  | SOLE |  | 113716 | 0 | 0 |
| FLOOR  DECOR HLDGS INC CL A | CS | 339750101 |  | 27829301 | 399674 | SH |  | SOLE |  | 320649 | 0 | 79025 |
| FLOTEK INDS INC DEL COM | CS | 343389102 |  | 850017 | 758944 | SH |  | SOLE |  | 758944 | 0 | 0 |
| GARMIN LTD SHS | CS | H2906T109 |  | 140622365 | 1523701 | SH |  | SOLE |  | 1296764 | 0 | 226937 |
| GENERAC HLDGS INC COM | CS | 368736104 |  | 17835140 | 177182 | SH |  | SOLE |  | 142380 | 0 | 34802 |
| GENTEX CORP COM | CS | 371901109 |  | 132691348 | 4865836 | SH |  | SOLE |  | 3921772 | 0 | 944064 |
| GENTHERM INC COM | CS | 37253A103 |  | 78393638 | 1200699 | SH |  | SOLE |  | 1087064 | 0 | 113635 |
| GEOSPACE TECHNOLOGIES CORP COM | CS | 37364X109 |  | 6472594 | 1533790 | SH |  | SOLE |  | 1533790 | 0 | 0 |
| GRACO INC COM | CS | 384109104 |  | 36500657 | 542680 | SH |  | SOLE |  | 434786 | 0 | 107894 |
| INTERDIGITAL INC COM | CS | 45867G101 |  | 39158472 | 791400 | SH |  | SOLE |  | 655516 | 0 | 135884 |
| INTUIT COM | CS | 461202103 |  | 118607011 | 304730 | SH |  | SOLE |  | 258437 | 0 | 46293 |
| INTUITIVE SURGICAL INC | CS | 46120E602 |  | 88687930 | 334230 | SH |  | SOLE |  | 265863 | 0 | 68367 |
| IPG PHOTONICS CORP COM | CS | 44980X109 |  | 24228514 | 255926 | SH |  | SOLE |  | 206005 | 0 | 49921 |
| IROBOT CORP COM | CS | 462726100 |  | 16353082 | 339769 | SH |  | SOLE |  | 339769 | 0 | 0 |
| ISHARES TR RUS MD CP GR ETF | CS | 464287481 |  | 350953 | 4198 | SH |  | SOLE |  | 4198 | 0 | 0 |
| KORNIT DIGITAL LTD SHS | CS | M6372Q113 |  | 6342775 | 276133 | SH |  | SOLE |  | 276133 | 0 | 0 |
| LANDSTAR SYS INC COM | CS | 515098101 |  | 85261371 | 523397 | SH |  | SOLE |  | 422711 | 0 | 100686 |
| LGI HOMES INC COM | CS | 50187T106 |  | 52536147 | 567345 | SH |  | SOLE |  | 474342 | 0 | 93003 |
| MICROCHIP TECHNOLOGY INC COM | CS | 595017104 |  | 145371346 | 2069343 | SH |  | SOLE |  | 1657639 | 0 | 411704 |
| MICROSOFT CORP COM | CS | 594918104 |  | 332630 | 1387 | SH |  | SOLE |  | 1387 | 0 | 0 |
| MILLERKNOLL INC | CS | 600544100 |  | 6654833 | 316746 | SH |  | SOLE |  | 316746 | 0 | 0 |
| MIMEDX GROUP INC COM | CS | 602496101 |  | 930494 | 334710 | SH |  | SOLE |  | 334710 | 0 | 0 |
| MIX TELEMATICS LTD SPONSORED A | CS | 60688N102 |  | 17127969 | 2436411 | SH |  | SOLE |  | 2436411 | 0 | 0 |
| MSC INDL DIRECT INC CL A | CS | 553530106 |  | 26820313 | 328278 | SH |  | SOLE |  | 268451 | 0 | 59827 |
| MYRIAD GENETICS INC COM | CS | 62855J104 |  | 32973162 | 2272444 | SH |  | SOLE |  | 1898172 | 0 | 374272 |
| NORDSTROM INC COM | CS | 655664100 |  | 27036792 | 1675142 | SH |  | SOLE |  | 1465861 | 0 | 209281 |
| OPEN TEXT CORP COM | CS | 683715106 |  | 53381877 | 1801008 | SH |  | SOLE |  | 1604727 | 0 | 196281 |
| PAYCHEX INC COM | CS | 704326107 |  | 28315898 | 245032 | SH |  | SOLE |  | 195962 | 0 | 49070 |
| PLEXUS CORP COM | CS | 729132100 |  | 238173432 | 2313936 | SH |  | SOLE |  | 1948055 | 0 | 365881 |
| POWER INTEGRATIONS INC COM | CS | 739276103 |  | 172221595 | 2401305 | SH |  | SOLE |  | 2019416 | 0 | 381889 |
| PROS HOLDINGS INC COM | CS | 74346Y103 |  | 12134124 | 500170 | SH |  | SOLE |  | 500170 | 0 | 0 |
| PROTO LABS INC COM | CS | 743713109 |  | 54171877 | 2121891 | SH |  | SOLE |  | 1841607 | 0 | 280284 |
| PURE STORAGE INC CL A | CS | 74624M102 |  | 137915608 | 5153797 | SH |  | SOLE |  | 4440526 | 0 | 713271 |
| ROYAL CARIBBEAN GROUP | CS | V7780T103 |  | 44839634 | 907134 | SH |  | SOLE |  | 737918 | 0 | 169216 |
| SEMTECH CORP COM | CS | 816850101 |  | 15837855 | 552034 | SH |  | SOLE |  | 443650 | 0 | 108384 |
| SLEEP NUMBER CORPORATION | CS | 83125X103 |  | 55624063 | 2141034 | SH |  | SOLE |  | 1875624 | 0 | 265410 |
| SNAP ON INC COM | CS | 833034101 |  | 98239047 | 429949 | SH |  | SOLE |  | 345561 | 0 | 84388 |
| SOUTHWESTERN ENERGY CO COM | CS | 845467109 |  | 181525243 | 31029956 | SH |  | SOLE |  | 27333189 | 0 | 3696767 |
| SPS COMM INC COM | CS | 78463M107 |  | 25781167 | 200741 | SH |  | SOLE |  | 200741 | 0 | 0 |
| STITCH FIX INC COM CL A | CS | 860897107 |  | 14445288 | 4644787 | SH |  | SOLE |  | 4302394 | 0 | 342393 |
| STONERIDGE INC COM | CS | 86183P102 |  | 4821118 | 223614 | SH |  | SOLE |  | 223614 | 0 | 0 |
| STRATASYS LTD SHS | CS | M85548101 |  | 5619256 | 473799 | SH |  | SOLE |  | 473799 | 0 | 0 |
| STRATEGIC ED INC COM | CS | 86272C103 |  | 42771492 | 546112 | SH |  | SOLE |  | 469903 | 0 | 76209 |
| SUPER MICRO COMPUTER INC COM | CS | 86800U104 |  | 370342509 | 4510871 | SH |  | SOLE |  | 3821008 | 0 | 689863 |
| SURMODICS INC COM | CS | 868873100 |  | 13954500 | 408983 | SH |  | SOLE |  | 408983 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWARE | CS | 874054109 |  | 13798058 | 132508 | SH |  | SOLE |  | 106311 | 0 | 26197 |
| TJX COS INC NEW COM | CS | 872540109 |  | 37235925 | 467788 | SH |  | SOLE |  | 374979 | 0 | 92809 |
| TREX CO INC COM | CS | 89531P105 |  | 18566658 | 438617 | SH |  | SOLE |  | 438617 | 0 | 0 |
| UNDER ARMOUR INC CL A | CS | 904311107 |  | 60475551 | 5952318 | SH |  | SOLE |  | 4800167 | 0 | 1152151 |
| VIASAT INC COM | CS | 92552V100 |  | 93351264 | 2949487 | SH |  | SOLE |  | 2508922 | 0 | 440565 |
| VIZIO HLDG CORP CL A COM | CS | 92858V101 |  | 14257077 | 1924032 | SH |  | SOLE |  | 1924032 | 0 | 0 |
| ZUMIEZ INC COM | CS | 989817101 |  | 4024813 | 185134 | SH |  | SOLE |  | 185134 | 0 | 0 |

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