Fred Martin – Disciplined Growth Investors Portfolio Activity & Recent Trades (Sep 30, 2025)

As of Sep 30, 2025, the Disciplined Growth Investors portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q3 2025, the filing reported:

New Buys – Gartner, Inc., Globant, Weave Communications, Inc., YETI Holdings, Inc., Zeta Global Holdings Corp.

Increases – AxoGen, Inc., Core Laboratories Inc., DoubleVerify Holdings, Inc., MiMedx Group, Inc, SPS Commerce, Inc.

Reductions – Apple Inc., Autodesk, Inc., PowerFleet, Inc., Akamai Technologies, Inc., Align Technology, Inc., and 49 more

Complete Exits – Bank of America Corporation, Landstar System, Inc., Myriad Genetics, Inc., Surmodics, Inc., Under Armour, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q3 2025	AAPL Apple Inc.	Apple Inc.	Sell	-777	-33.6%	$390.86K	1,535
Q3 2025	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell	-20,083	-5.9%	$101.90M	320,777
Q3 2025	AIOT PowerFleet, Inc.	PowerFleet, Inc.	Sell	-697,160	-8.7%	$38.52M	7,351,898
Q3 2025	AKAM Akamai Technologies, Inc.	Akamai Technologies, Inc.	Sell	-94,611	-5.1%	$132.14M	1,744,167
Q3 2025	ALGN Align Technology, Inc.	Align Technology, Inc.	Sell	-41,006	-4.9%	$100.67M	803,981
Q3 2025	ALRM Alarm.com Holdings, Inc.	Alarm.com Holdings, Inc.	Sell	-159,729	-4.6%	$176.87M	3,332,095
Q3 2025	ANET Arista Networks, Inc.	Arista Networks, Inc.	Sell	-108,297	-5.3%	$280.24M	1,923,266
Q3 2025	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-43	-4.0%	$342.12K	1,037
Q3 2025	AXGN AxoGen, Inc.	AxoGen, Inc.	Buy	+1,920	+1.2%	$2.99M	167,577
Q3 2025	BAC Bank of America Corporation	Bank of America Corporation	Sell - Position Exit	-5,000	-100.0%	$0.00	-
Q3 2025	CELH Celsius Holdings, Inc.	Celsius Holdings, Inc.	Sell	-28,503	-4.0%	$39.56M	688,200
Q3 2025	CEVA CEVA, Inc.	CEVA, Inc.	Sell	-79,747	-12.9%	$14.26M	540,070
Q3 2025	CGNX Cognex Corporation	Cognex Corporation	Sell	-164,158	-3.4%	$208.59M	4,604,558
Q3 2025	CHK		Sell	-129,073	-4.9%	$264.93M	2,493,676
Q3 2025	CLB Core Laboratories Inc.	Core Laboratories Inc.	Buy	+528,976	+9.7%	$73.79M	5,969,860
Q3 2025	CTLP Cantaloupe, Inc.	Cantaloupe, Inc.	Sell	-2,705,474	-85.3%	$4.95M	467,877
Q3 2025	CTRA Coterra Energy Inc.	Coterra Energy Inc.	Sell	-235,314	-3.4%	$157.87M	6,675,268
Q3 2025	DLB Dolby Laboratories	Dolby Laboratories	Sell	-165,262	-10.7%	$99.40M	1,373,562
Q3 2025	DV DoubleVerify Holdings, Inc.	DoubleVerify Holdings, Inc.	Buy	+863,899	+42.5%	$34.69M	2,895,694
Q3 2025	EGAN eGain Corporation	eGain Corporation	Sell	-79,758	-8.4%	$7.57M	868,825
Q3 2025	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Sell	-46,762	-4.0%	$82.51M	1,119,517
Q3 2025	FOXF Fox Factory Holding Corp.	Fox Factory Holding Corp.	Sell	-8,815	-6.5%	$3.10M	127,462
Q3 2025	GEOS Geospace Technologies Corporati	Geospace Technologies Corporati	Sell	-91,180	-7.3%	$21.87M	1,153,589
Q3 2025	GGG Graco Inc.	Graco Inc.	Sell	-48,470	-12.1%	$29.81M	350,878
Q3 2025	GNRC Generac Holdlings Inc.	Generac Holdlings Inc.	Sell	-22,305	-3.5%	$103.49M	618,214
Q3 2025	GNTX Gentex Corporation	Gentex Corporation	Sell	-186,021	-3.8%	$134.05M	4,736,620
Q3 2025	GRMN Garmin	Garmin	Sell	-42,529	-3.0%	$339.00M	1,376,836
Q3 2025	IDCC InterDigital, Inc.	InterDigital, Inc.	Sell	-169,691	-17.7%	$273.06M	790,941
Q3 2025	INTU Intuit Inc.	Intuit Inc.	Sell	-14,120	-13.4%	$62.15M	91,011
Q3 2025	IPGP IPG Photonics Corporation	IPG Photonics Corporation	Sell	-18,385	-3.2%	$44.47M	561,566