Peregrine Capital Management LLC
Peregrine Capital Management LLC is an independent asset management firm headquartered in Minneapolis, Minnesota. Founded in 1984, it specializes in serving institutional investors, pension funds, charities, insurance companies, and select high-net-worth individuals. The firm is a registered investment adviser with approximately 28-29 employees, including portfolio managers and analysts focused on equity strategies across a range of market capitalizations.
Investment Strategy
Peregrine Capital Management LLC employs a fundamentally-driven investment strategy primarily in publicly traded equities, targeting both growth and value opportunities across large, mid, and small cap stocks. The firm conducts rigorous bottom-up research to identify companies with attractive risk/reward profiles, strong management teams, and sustainable business models. It emphasizes active management with both discretionary and non-discretionary mandates, and manages diversified portfolios for a range of institutional and high-net-worth clients.
Latest 13F Filing Activity
Peregrine Capital Management LLC filed their most recent 13F report on Jun 30, 2025 disclosing 324 equity positions with a total 13F market value of $3B. The fund increased holdings in Cloudflare, Monday.com LTD., Crowdstrike Holdings among other positions. Peregrine Capital Management LLC reduced exposure to Alphabet Inc. Cap STK CL C, Chart Industries, Icon PLC among others.
Top Holdings
Equity Positions (324)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AMZN | AMAZON.COM INC | 4.23% | $140.3M | 639,482 | $78.34 | $219.39 | +$11.7M |
N NET | CLOUDFLARE | 3.55% | $117.8M | 601,753 | $92.23 | $195.83 | +$46.1M |
A ARES | ARES MANAGEMENT CORPORATION | 3.40% | $112.8M | 651,098 | $45.09 | $173.20 | +$11.9M |
N NOW | SERVICENOW, INC | 2.84% | $94.3M | 91,738 | $269.57 | $1028.08 | +$17.4M |
G GOOGL | ALPHABET INC CAP STK CL A | 2.67% | $88.7M | 503,425 | $68.69 | $176.23 | +$6.3M |
Industry Allocation
Investment Team (20)
| Name | Role | Location | |
|---|---|---|---|
A Andrew Flis | Portfolio Manager | Saint Paul, MN , United States | |
 | Portfolio Manager | Minnetonka, MN , United States | |
 | Data and Reporting Analyst | Minneapolis, MN , United States | |
G Gary Nussbaum | Principal | Minneapolis, MN , United States | |
J Jack Israel | Area Vice President | Hightstown, NJ , United States | |
 | Equity Analyst, Small Cap Growth | Saint Paul, MN , United States | |
 | Principal, Portfolio Manager | Minneapolis, MN , United States | |
S Sam Smith | Portfolio Manager | Saint Paul, MN , United States | |
 | Senior Portfolio Manager and Owner and Board Member | Jackson, WY , United States | |
 | Senior Equity Analyst | Denver, CO , United States |