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Peregrine Capital Management LLC

CIK:0000764529
Asset Manager
$4B AUM
330 holdings
Minneapolis, MN, US
Founded:1984
29 employees
Latest filing:Jun 30, 2025

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.

Top Buys
N
NETCLOUDFLARE
+$46.1M
M
MNDYMONDAY.COM LTD.
+$32.2M
C
CRWDCROWDSTRIKE HOLDINGS
+$23.1M
S
SNOWSNOWFLAKE INC. CLASS A
+$21.0M
N
NOWSERVICENOW, INC
+$17.4M
Top Sells
G
GOOGALPHABET INC CAP STK CL C
-$11.2M
G
GTLSCHART INDUSTRIES
-$10.4M
I
ICLRICON PLC
-$10.3M
A
AZEKAZEK COMPANY
-$9.1M
B
BPMCBLUEPRINT MEDICINES
-$8.5M

Top Holdings

A
AMZNAMAZON.COM INC
+4.2%$140.3M
N
NETCLOUDFLARE
+3.6%$117.8M
A
ARESARES MANAGEMENT CORPORATION
+3.4%$112.8M
N
NOWSERVICENOW, INC
+2.8%$94.3M
G
GOOGLALPHABET INC CAP STK CL A
+2.7%$88.7M

Equity Positions (324)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
A
AMZN
AMAZON.COM INC4.23%$140.3M639,482$78.34$219.39+$11.7M
N
NET
CLOUDFLARE3.55%$117.8M601,753$92.23$195.83+$46.1M
A
ARES
ARES MANAGEMENT CORPORATION3.40%$112.8M651,098$45.09$173.20+$11.9M
N
NOW
SERVICENOW, INC2.84%$94.3M91,738$269.57$1028.08+$17.4M
G
GOOGL
ALPHABET INC CAP STK CL A2.67%$88.7M503,425$68.69$176.23+$6.3M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+24.0%
SERVICES-BUSINESS SERVICES, NEC
+8.5%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+5.7%
RETAIL-CATALOG & MAIL-ORDER HOUSES
+4.2%
INVESTMENT ADVICE
+3.8%