RIVERBRIDGE PARTNERS LLC

PrivateCIK: 1112325

Location

MINNEAPOLIS, MN

198

Positions

$3.58B

Total AUM (reported)

45.53M

Total Shares

Allocation by class

COM$3.51B98.1%

CEF$36.05M1.0%

NCEF$15.98M0.4%

BDC$10.79M0.3%

REIT$4.42M0.1%

INTL$2.29M0.1%

Portfolio Concentration

Top 3$482.78M13.5%

4–10$719.91M20.1%

11–25$915.80M25.6%

Rest$1.46B40.8%

Top 3 weight

13.5%

Top 10 weight

33.6%

Voting Authority Distribution

Total shares with voting rights: 45.53M

Sole

Full voting authority

40.87M

% of voting shares89.8%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

4.66M

% of voting shares10.2%

Investment Discretion (by position count)

Sole198

Shared0

Other0

Dominant voting typeSole · 89.8% of voting shares

Institutional Holdings198

Rows:

NVIDIA Corporation

SOLE

COM

Shares998.90K

TypeSH

Market value$199.87M

5.58%

Sole

993.50K

Shared

0.00

None

5.40K

Microsoft Corporation

SOLE

COM

Shares413.52K

TypeSH

Market value$154.25M

4.31%

Sole

411.38K

Shared

0.00

None

2.15K

HEICO Corporation

SOLE

COM

Shares361.21K

TypeSH

Market value$128.66M

3.59%

Sole

340.87K

Shared

0.00

None

20.34K

Amazon.com, Inc.

SOLE

COM

Shares504.62K

TypeSH

Market value$120.27M

3.36%

Sole

501.92K

Shared

0.00

None

2.70K

RB Global, Inc.

SOLE

COM

Shares1.03M

TypeSH

Market value$119.71M

3.34%

Sole

936.26K

Shared

0.00

None

91.73K

Analog Devices, Inc.

SOLE

COM

Shares295.30K

TypeSH

Market value$117.28M

3.28%

Sole

293.85K

Shared

0.00

None

1.45K

Medpace Holdings, Inc.

SOLE

COM

Shares183.94K

TypeSH

Market value$97.41M

2.72%

Sole

165.10K

Shared

0.00

None

18.84K

Fastenal Company

SOLE

COM

Shares2M

TypeSH

Market value$96.14M

2.68%

Sole

1.99M

Shared

0.00

None

10.60K

Alphabet, Inc. Class A

SOLE

COM

Shares239.57K

TypeSH

Market value$85.62M

2.39%

Sole

238.19K

Shared

0.00

None

1.38K

West Pharmaceutical Services,

SOLE

COM

Shares232.51K

TypeSH

Market value$83.47M

2.33%

Sole

213.73K

Shared

0.00

None

18.79K

Grand Canyon Education, Inc.

SOLE

COM

Shares555.69K

TypeSH

Market value$79.53M

2.22%

Sole

495.11K

Shared

0.00

None

60.59K

Privia Health Group, Inc.

SOLE

COM

Shares3M

TypeSH

Market value$77.15M

2.15%

Sole

2.66M

Shared

0.00

None

336.75K

Five Below, Inc.

SOLE

COM

Shares428.99K

TypeSH

Market value$77.13M

2.15%

Sole

387.42K

Shared

0.00

None

41.57K

Tyler Technologies, Inc.

SOLE

COM

Shares251.42K

TypeSH

Market value$73.53M

2.05%

Sole

231.74K

Shared

0.00

None

19.68K

Ensign Group, Inc.

SOLE

COM

Shares440.09K

TypeSH

Market value$70.55M

1.97%

Sole

395.45K

Shared

0.00

None

44.63K

Alphabet, Inc. Class C

SOLE

COM

Shares189.15K

TypeSH

Market value$66.83M

1.87%

Sole

188.12K

Shared

0.00

None

1.03K

Kinsale Capital Group, Inc.

SOLE

COM

Shares185.53K

TypeSH

Market value$61.19M

1.71%

Sole

166.68K

Shared

0.00

None

18.85K

Kadant, Inc.

SOLE

COM

Shares194.57K

TypeSH

Market value$61.14M

1.71%

Sole

171.80K

Shared

0.00

None

22.77K

Veeva Systems, Inc.

SOLE

COM

Shares313.38K

TypeSH

Market value$55.62M

1.55%

Sole

299.06K

Shared

0.00

None

14.32K

S&P Global, Inc.

SOLE

COM

Shares129.84K

TypeSH

Market value$52.88M

1.48%

Sole

129.19K

Shared

0.00

None

655.00

Watsco, Inc.

SOLE

COM

Shares120.33K

TypeSH

Market value$50.15M

1.40%

Sole

110.75K

Shared

0.00

None

9.58K

Verisk Analytics, Inc.

SOLE

COM

Shares272.87K

TypeSH

Market value$48.99M

1.37%

Sole

257.76K

Shared

0.00

None

15.10K

ServiceNow, Inc.

SOLE

COM

Shares490.81K

TypeSH

Market value$48.73M

1.36%

Sole

487.99K

Shared

0.00

None

2.82K

Rollins, Inc.

SOLE

COM

Shares1.13M

TypeSH

Market value$47.00M

1.31%

Sole

1.02M

Shared

0.00

None

104.72K

Tesla, Inc.

SOLE

COM

Shares107.92K

TypeSH

Market value$45.39M

1.27%

Sole

107.38K

Shared

0.00

None

541.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
NVIDIA CorporationSOLE	COM	998.90K	SH	$199.87M 5.58%	993.50K	5.40K
Microsoft CorporationSOLE	COM	413.52K	SH	$154.25M 4.31%	411.38K	2.15K
HEICO CorporationSOLE	COM	361.21K	SH	$128.66M 3.59%	340.87K	20.34K
Amazon.com, Inc.SOLE	COM	504.62K	SH	$120.27M 3.36%	501.92K	2.70K
RB Global, Inc.SOLE	COM	1.03M	SH	$119.71M 3.34%	936.26K	91.73K
Analog Devices, Inc.SOLE	COM	295.30K	SH	$117.28M 3.28%	293.85K	1.45K
Medpace Holdings, Inc.SOLE	COM	183.94K	SH	$97.41M 2.72%	165.10K	18.84K
Fastenal CompanySOLE	COM	2M	SH	$96.14M 2.68%	1.99M	10.60K
Alphabet, Inc. Class ASOLE	COM	239.57K	SH	$85.62M 2.39%	238.19K	1.38K
West Pharmaceutical Services,SOLE	COM	232.51K	SH	$83.47M 2.33%	213.73K	18.79K
Grand Canyon Education, Inc.SOLE	COM	555.69K	SH	$79.53M 2.22%	495.11K	60.59K
Privia Health Group, Inc.SOLE	COM	3M	SH	$77.15M 2.15%	2.66M	336.75K
Five Below, Inc.SOLE	COM	428.99K	SH	$77.13M 2.15%	387.42K	41.57K
Tyler Technologies, Inc.SOLE	COM	251.42K	SH	$73.53M 2.05%	231.74K	19.68K
Ensign Group, Inc.SOLE	COM	440.09K	SH	$70.55M 1.97%	395.45K	44.63K
Alphabet, Inc. Class CSOLE	COM	189.15K	SH	$66.83M 1.87%	188.12K	1.03K
Kinsale Capital Group, Inc.SOLE	COM	185.53K	SH	$61.19M 1.71%	166.68K	18.85K
Kadant, Inc.SOLE	COM	194.57K	SH	$61.14M 1.71%	171.80K	22.77K
Veeva Systems, Inc.SOLE	COM	313.38K	SH	$55.62M 1.55%	299.06K	14.32K
S&P Global, Inc.SOLE	COM	129.84K	SH	$52.88M 1.48%	129.19K	655.00
Watsco, Inc.SOLE	COM	120.33K	SH	$50.15M 1.40%	110.75K	9.58K
Verisk Analytics, Inc.SOLE	COM	272.87K	SH	$48.99M 1.37%	257.76K	15.10K
ServiceNow, Inc.SOLE	COM	490.81K	SH	$48.73M 1.36%	487.99K	2.82K
Rollins, Inc.SOLE	COM	1.13M	SH	$47.00M 1.31%	1.02M	104.72K
Tesla, Inc.SOLE	COM	107.92K	SH	$45.39M 1.27%	107.38K	541.00

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