UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year of Quarter Ended: September 30, 1999
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.
Address:900 2nd Avenue South Suite 450
Minneapolis, MN 55402
13f File Number: 28-6630
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: Mark R. Ferguson
Title: Managing Principal
Phone: 612-317-4101
Signature, Place, and Date of Signing:
Mark R. Ferguson Minneapolis, MN April 20, 1999
Report Type (Check only one):
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT.
List of other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of other included Managers: 0
Form 13F Information Table Entry Total: 154
Form 13F Information Table Value Total: $553,688
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3DFX INTERACTIVE COM com 88553X103 393 47599 SH SOLE 47599
3DO CO COM com 88553w105 4497 446900 SH SOLE 446900
ACTIVISION INC NEW COM NEW com 004930202 5106 289700 SH SOLE 289700
ADAPTIVE BROADBAND CP COM com 00650M104 8506 253900 SH SOLE 253900
167 5000 SH OTHER 5000
ADOBE SYS INC COM com 00724F101 12791 112700 SH SOLE 112600 100
AEGON N V ORD AMER REG com 007924103 1158 13391 SH SOLE 13391
AK STL HLDG CORP COM com 001547108 15609 855302 SH SOLE 851302 4000
146 8000 SH OTHER 8000
ALCATEL ALSTHOM SPONSORED ADR com 013904305 5419 195288 SH SOLE 195288
ALLSTATE CORP COM com 020002101 1289 51700 SH SOLE 51500 200
APPLE COMPUTER INC COM com 037833100 15391 243100 SH SOLE 241700 1400
ARCHER DANIELS MIDLAND COM com 039483102 143 11786 SH SOLE 11786
ASHWORTH INC COM com 04516H101 735 154700 SH SOLE 154700
ASPEN TECHNOLOGY INC COM com 045327103 2561 262700 SH SOLE 262700
ASSISTED LIVING CONCPT COM com 04543l109 268 93100 SH SOLE 93100
AUTODESK INC COM com 052769106 258 11814 SH SOLE 11814
AWARE INC MASS COM com 05453N100 574 20000 SH SOLE 20000
BARRETT RES CORP COM PAR $0.01 com 068480201 1991 53900 SH SOLE 53900
BETHLEHEM STL CORP COM com 087509105 1850 250800 SH SOLE 250800
BJ SVCS CO COM com 055482103 2364 74300 SH SOLE 74300
BLACK BOX CORP DEL COM com 091826107 651 12400 SH SOLE 12400
CARDINAL HEALTH INC COM com 14149Y108 6744 123752 SH SOLE 123326 426
CBS CORP COM com 12490K107 10302 222751 SH SOLE 221751 1000
CENDANT CORP COM com 151313103 7040 396629 SH SOLE 396520 109
CENTRAL PKG CORP COM com 154785109 211 7200 SH OTHER 7200
CHEESECAKE FACTORY INC COM com 163072101 5177 186550 SH SOLE 186550
CITIGROUP INC COM com 173034109 393 8924 SH SOLE 8924
CLARIFY INC COM com 180492100 6777 134700 SH SOLE 134700
COLGATE PALMOLIVE CO COM com 194162103 217 4750 SH SOLE 4750
COMPS COM INC COM com 204679104 1457 204500 SH SOLE 204500
CONSOLIDATED STORES CP COM com 210149100 1580 71605 SH SOLE 71605
CORPORATE EXPRESS INC COM com 219888104 14526 1544301 SH SOLE 1543001 1300
56 6000 SH OTHER 6000
CSX CORP COM com 126408103 2674 63104 SH SOLE 62804 300
51 1200 SH OTHER 1200
DAMARK INTL INC CL A com 235691102 1898 188600 SH SOLE 188600
DAVOX CORP COM com 239208101 3267 250100 SH SOLE 250000 100
DELPHI AUTO SYS CORP COM com 247126105 1274 79314 SH SOLE 79036 278
DENTSPLY INTL INC NEW COM com 249030107 496 21800 SH SOLE 21600 200
DEVON ENERGY CORP COM com 25179M103 18123 437366 SH SOLE 435666 1700
160 3856 SH OTHER 3856
DONALDSON INC COM com 257651109 640 27600 SH SOLE 27000 600
DSET CORP COM com 262504103 2102 143100 SH SOLE 143100
DURA PHARMACEUTICALS COM com 26632s109 790 56700 SH SOLE 56700
EATON CORP COM com 278058102 8946 103651 SH SOLE 103251 400
78 900 SH OTHER 900
ECHELON CORP COM com 27874N105 1738 228000 SH SOLE 228000
EXXON CORP COM com 302290101 319 4202 SH SOLE 4018 184
91 1200 SH OTHER 1200
FBL FINL GROUP INC COM com 30239F106 2545 123400 SH SOLE 123400
FIRSTAR CORP COM com 33761C103 307 12000 SH SOLE 12000
GENERAL MLS INC COM com 370334104 262 3227 SH SOLE 3227
GENERAL MTRS CORP COM com 370442105 7098 112776 SH SOLE 112376 400
GENTEX CORP COM com 371901109 1051 50900 SH SOLE 50900
GENZYME CORP COM GENL DIV com 372917104 3623 80400 SH SOLE 80400
GEORGIA PAC CORP COM-TIMBER GR com 373298702 4637 202700 SH SOLE 202700
21 900 SH OTHER 900
HARBINGER CORP COM com 41145C103 4837 286650 SH SOLE 286650
HONEYWELL INC COM com 438506107 8308 74636 SH SOLE 73836 800
100 900 SH OTHER 900
INCYTE PHARMACEUTICALS COM com 45337c102 4694 203000 SH SOLE 203000
INPUT/OUTPUT INC COM com 457652105 238 35900 SH SOLE 35900
INSO CORP COM com 457674109 358 44700 SH SOLE 44700
INTEL CORP COM com 458140100 935 12580 SH SOLE 10480 2100
565 7600 SH OTHER 7600
INTERNATIONAL BUS MACH COM com 459200101 352 2906 SH SOLE 2178 728
97 800 SH OTHER 800
INTUIT COM com 461202103 18221 207865 SH SOLE 206965 900
438 5000 SH OTHER 5000
JDA SOFTWARE GROUP INC COM com 46612K108 3291 281600 SH SOLE 281600
23 2000 SH OTHER 2000
JEFFERSON PILOT CORP COM com 475070108 6679 105701 SH SOLE 105551 150
K MART CORP COM com 482584109 1557 133201 SH SOLE 133201
KEANE INC COM com 486665102 6088 266850 SH SOLE 266850
KROGER CO COM com 501044101 2937 133100 SH SOLE 131300 1800
132 6000 SH OTHER 6000
LAKEHEAD PIPE LINE L P PREF UN com 511557100 656 15400 SH SOLE 15400
LANDS END INC COM com 515086106 23130 350450 SH SOLE 348500 1950
79 1200 SH OTHER 1200
LEGATO SYS INC COM com 524651106 3470 79606 SH SOLE 79606
LIPOSOME CO INC COM com 536310105 228 30000 SH SOLE 30000
LTV CORP NEW COM com 501921100 5028 924600 SH SOLE 923500 1100
MAPINFO CORP COM com 565105103 2536 133500 SH SOLE 133500
19 1000 SH OTHER 1000
MERCK & CO INC COM com 589331107 404 6236 SH SOLE 6036 200
METACREATIONS CORP COM com 591016100 1593 284700 SH SOLE 284700
METRIS COS INC COM com 591598107 8798 298224 SH SOLE 298224
MICHAELS STORES INC COM com 594087108 6637 225000 SH SOLE 225000
MICRON TECHNOLOGY INC COM com 595112103 10647 160100 SH SOLE 160100
MICROSOFT CORP COM com 594918104 554 6119 SH SOLE 6119
MINNESOTA MNG & MFG CO COM com 604059105 272 2828 SH SOLE 2428 400
192 2000 SH OTHER 2000
MORGAN J P & CO INC COM com 616880100 114 1000 SH SOLE 1000
91 800 SH OTHER 800
NEUROGEN CORP COM com 64124E106 171 10300 SH SOLE 10100 200
NEWBRIDGE NETWORKS CP COM com 650901101 6578 252400 SH SOLE 252400
31 1200 SH OTHER 1200
NIKE INC CL B com 654106103 9600 168800 SH SOLE 168800
NOBLE AFFILIATES INC COM com 654894104 3318 114400 SH SOLE 114400
NOBLE DRILLING CORP COM com 655042109 6976 318901 SH SOLE 318901
NOODLE KIDOODLE INC COM com 655370104 461 111700 SH SOLE 111700
NORTHERN BORDER PARTNR UNIT LT com 664785102 548 18900 SH SOLE 18900
NUPRO INNOVATIONS INC COM com 670575109 42 30000 SH SOLE 30000
OPEN TEXT CORP COM com 683715106 2822 142900 SH SOLE 142900
ORACLE CORP COM com 68389X105 13987 307400 SH SOLE 307400
OSHKOSH B GOSH INC CL A com 688222207 800 50100 SH SOLE 50100
PETROLEUM GEO-SVCS A/S SPONSOR com 716597109 869 45600 SH SOLE 45600
PFIZER INC COM com 717081103 194 5412 SH SOLE 5412
409 11388 SH OTHER 11388
PIMCO ADVISORS HLDG LP UT LTD com 69338P102 253 8020 SH SOLE 8020
PINNACLE SYS INC COM com 723481107 8793 207500 SH SOLE 207500
PLEXUS CORP COM com 729132100 2879 94000 SH SOLE 94000
POLICY MGMT SYS CORP COM com 731108106 5360 169500 SH SOLE 169100 400
PREMISYS COMMUNICATION COM com 740584107 983 118200 SH SOLE 118200
QUANEX CORP COM com 747620102 1637 63900 SH SOLE 63900
RAYTHEON CO CL A com 755111309 4682 96538 SH SOLE 96513 25
RENT WAY INC COM com 76009U104 2407 126700 SH SOLE 126700
REYNOLDS METALS CO COM com 761763101 7939 131501 SH SOLE 130901 600
72 1200 SH OTHER 1200
S3 INC COM com 784849101 2026 194064 SH SOLE 194064
SANMINA CORP COM com 800907107 15572 201250 SH SOLE 201250
SCIENTIFIC ATLANTA INC COM com 808655104 19314 389683 SH SOLE 388883 800
248 5000 SH OTHER 5000
SECURE COMPUTING CORP COM com 813705100 413 132200 SH SOLE 132200
SOUTHWEST AIRLS CO COM com 844741108 295 19455 SH SOLE 19455
SPLASH TECH HLDGS INC COM com 848623104 1760 287300 SH SOLE 287000 300
ST JUDE MED INC COM com 790849103 5528 175500 SH SOLE 175500
STRUCTURAL DYNAMIC RES COM com 863555108 10335 687600 SH SOLE 684300 3300
SUN MICROSYSTEMS INC COM com 866810104 50589 543965 SH SOLE 537765 6200
2139 23000 SH OTHER 23000
SUNTERRA CORP COM com 86787d109 1578 132900 SH SOLE 132900
SURMODICS INC com 868873100 237 15900 SH SOLE 15900
SYBASE INC COM com 871130100 4334 366900 SH SOLE 366900
TECHNOLOGY SOLUTIONS COM com 87872T108 1786 126475 SH SOLE 126475
TEXAS INSTRS INC COM com 882508104 16363 198944 SH SOLE 198944
TRIBUNE CO NEW COM com 896047107 617 12400 SH SOLE 12400
TRIMBLE NAVIGATION LTD COM com 896239100 722 67600 SH SOLE 67600
TRISTAR AEROSPACE CO COM com 89674L101 671 109500 SH SOLE 109500
UAL CORP COM PAR $0.01 com 902549500 2854 43700 SH SOLE 43700
WABASH NATL CORP COM com 929566107 11428 562600 SH SOLE 560700 1900
203 10000 SH OTHER 10000
WACKENHUT CORRECTIONS COM com 929798106 749 56000 SH SOLE 56000
WELLS FARGO & CO NEW COM com 949746101 324 8182 SH SOLE 7782 400
WESTERN DIGITAL CORP COM com 958102105 2103 570300 SH SOLE 570100 200
WEYERHAEUSER CO COM com 962166104 400 6950 SH SOLE 6850 100
KOREA FD COM 500634100 2115 169200 SH SOLE 169200
WEBS INDEX FD INC JAPAN WEBS 92923h889 2913 209000 SH SOLE 209000
COCA COLA CO COM com 191216100 -1129 -23400 SH SOLE -23400
DISNEY WALT CO COM com 254687106 -1537 -59100 SH SOLE -59100
GENERAL ELEC CO COM com 369604103 -2324 -19600 SH SOLE -19600
LUCENT TECHNOLOGIES COM com 549463107 -1888 -29100 SH SOLE -29100
MICROSOFT CORP COM com 594918104 -1911 -21100 SH SOLE -21100
S & P 500 INDX PUT OPT1100.000 put 64699D178 209 174 SH put SOLE 174
</TABLE>