DISCIPLINED GROWTH INVESTORS INC /MN
13F-HR, 2000-07-17
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				UNITED STATES
			SECURITIES AND EXCHANGE COMMISSION
				WASHINGTON, D.C. 20549

					FORM 13F

				FORM 13F COVER PAGE

Report for the Calendar Year of Quarter Ended: June 30, 2000

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:100 South Fifth Street Suite 2100
	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		July 13, 2000
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:	214

Form 13F Information Table Value Total:	$753,527


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      295    37902 SH       SOLE                    37902
3DO CO COM                     com              88553w105     3231   411900 SH       SOLE                   411900
ACTIVISION INC NEW COM NEW     com              004930202     1737   267225 SH       SOLE                   267225
ADAPTIVE BROADBAND CP COM      com              00650M104    10582   287950 SH       SOLE                   287950
                                                               478    13000 SH       OTHER                   13000
ADOBE SYS INC COM              com              00724F101    25477   195975 SH       SOLE                   195775               200
AFLAC INC COM                  com              001055102      394     8576 SH       SOLE                     8576
AK STL HLDG CORP COM           com              001547108     6781   847652 SH       SOLE                   845052              2600
                                                                 3      400 SH       OTHER                                       400
ALCATEL ALSTHOM SPONSORED ADR  com              013904305    24932   374918 SH       SOLE                   374918
                                                               172     2592 SH       OTHER                    2430               162
ALCOA INC COM                  com              013817101     7936   273650 SH       SOLE                   273014               636
                                                                74     2544 SH       OTHER                    2544
ALLSTATE CORP COM              com              020002101     1081    48586 SH       SOLE                    48386               200
AMERICAN INTL GROUP COM        com              026874107      646     5501 SH       SOLE                     5369               132
APPLE COMPUTER INC COM         com              037833100    23213   443200 SH       SOLE                   441200              2000
                                                                21      400 SH       OTHER                                       400
ARCHER DANIELS MIDLAND COM     com              039483102      124    12611 SH       SOLE                    12611
ASHWORTH INC COM               com              04516H101      796   178200 SH       SOLE                   178200
ASPEN TECHNOLOGY INC COM       com              045327103     9236   239900 SH       SOLE                   239900
ASSISTED LIVING CONCPT COM     com              04543l109       52    83400 SH       SOLE                    83400
AT&T CORP COM                  com              001957109      321    10138 SH       SOLE                    10138
AWARE INC MASS COM             com              05453N100     1022    20000 SH       SOLE                    20000
BARRETT RES CORP COM PAR $0.01 com              068480201     1539    50550 SH       SOLE                    50550
BETHLEHEM STL CORP COM         com              087509105      758   212700 SH       SOLE                   212700
BJ SVCS CO COM                 com              055482103     4012    64200 SH       SOLE                    64200
BLACK & DECKER CORP COM        com              091797100     7644   194450 SH       SOLE                   194450
BLACK BOX CORP DEL COM         com              091826107     1100    13900 SH       SOLE                    13900
BP AMOCO P L C SPONSORED ADR   com              055622104      203     3592 SH       SOLE                     3592
BRISTOL MYERS SQUIBB COM       com              110122108      872    14970 SH       SOLE                    14970
CABLETRON SYS INC COM          com              126920107    11186   443000 SH       SOLE                   443000
                                                                 5      200 SH       OTHER                                       200
CARDINAL HEALTH INC COM        com              14149Y108     2186    29543 SH       SOLE                    29117               426
CENDANT CORP COM               com              151313103     4237   302619 SH       SOLE                   302510               109
                                                                 4      300 SH       OTHER                                       300
CHEESECAKE FACTORY INC COM     com              163072101     7048   256275 SH       SOLE                   256275
CHITTENDEN CORP COM            com              170228100      229     9375 SH       SOLE                     9375
CIBER INC COM                  com              17163B102     4359   329000 SH       SOLE                   329000
CISCO SYS INC COM              com              17275R102      708    11137 SH       SOLE                     9637              1500
CITIGROUP INC COM              com              173034109      550     9124 SH       SOLE                     9124
CITIZENS BKG CORP MICH COM     com              174420109      267    16476 SH       SOLE                    16476
COLGATE PALMOLIVE CO COM       com              194162103      308     5150 SH       SOLE                     5150
COMERICA INC COM               com              200340107      280     6240 SH       SOLE                     6240
COMPAQ COMPUTER CORP COM       com              204493100      202     7900 SH       SOLE                     7900
COMPASS BANCSHARES INC COM     com              20449h109      202    11840 SH       SOLE                    11840
COMPUWARE CORP COM             com              205638109      177    17050 SH       SOLE                    17050
CORVAS INTL INC COM            com              221005101     1200   100000 SH       SOLE                   100000
                                                                72     6000 SH       OTHER                    6000
CREDIT ACCEP CORP MICH COM     com              225310101      193    34734 SH       SOLE                    34734
CSX CORP COM                   com              126408103      299    14114 SH       SOLE                    13914               200
DAIMLERCHRYSLER                com              d1668r123      228     4374 SH       SOLE                     4374
DAMARK INTL INC CL A           com              235691102     4147   192900 SH       SOLE                   192900
DAVOX CORP COM                 com              239208101     2771   214200 SH       SOLE                   214100               100
DELL COMPUTER CORP COM         com              247025109      345     7000 SH       SOLE                     7000
DELPHI AUTO SYS CORP COM       com              247126105     5282   362743 SH       SOLE                   362374               369
                                                               105     7200 SH       OTHER                    7200
DEVON ENERGY CORP COM          com              25179M103    26422   470252 SH       SOLE                   468952              1300
                                                               402     7156 SH       OTHER                    6856               300
DONALDSON INC COM              com              257651109      265    13400 SH       SOLE                    12800               600
DSET CORP COM                  com              262504103     9085   299100 SH       SOLE                   299100
DURA PHARMACEUTICALS COM       com              26632s109      236    16400 SH       SOLE                    16400
EATON CORP COM                 com              278058102     9685   144551 SH       SOLE                   144351               200
                                                                67     1000 SH       OTHER                     900               100
ECHELON CORP COM               com              27874N105     9560   165000 SH       SOLE                   165000
ELAN PLC ADR                   com              284131208      374     7714 SH       SOLE                     7714
ELOYALTY CORP COM              com              290151109     1328   104175 SH       SOLE                   104175
ENRON CORP COM                 com              293561106      252     3900 SH       SOLE                     3900
EPIX MEDICAL INC COM           com              26881Q101     2408   161900 SH       SOLE                   161900
                                                                 7      500 SH       OTHER                                       500
EXCALIBUR TECHNOLOGIES COM NEW com              300651205      280     7000 SH       SOLE                     7000
EXXON MOBIL CORP COM           com              30231G102      852    10859 SH       SOLE                    10675               184
                                                                94     1200 SH       OTHER                    1200
FEDERAL REALTY INVT TR SH BEN  com              313747206      224    11200 SH       SOLE                    11200
FIRST PAC LTD SPONSORED ADR    com              335889200       20    12000 SH       SOLE                    12000
FIRSTAR CORP COM               com              33761C103      253    12000 SH       SOLE                    12000
GENERAL ELEC CO COM            com              369604103     1375    25935 SH       SOLE                    25767               168
GENERAL MLS INC COM            com              370334104      225     5873 SH       SOLE                     5873
GENERAL MTRS CORP CL H NEW     com              370442832     2177    24805 SH       SOLE                    24779                26
GENERAL MTRS CORP COM          com              370442105     4382    75465 SH       SOLE                    75390                75
GENTEX CORP COM                com              371901109      636    25300 SH       SOLE                    25300
GENZYME CORP COM GENL DIV      com              372917104     4942    83150 SH       SOLE                    83150
                                                                 6      100 SH       OTHER                                       100
GEORGIA PAC CORP COM-TIMBER GR com              373298702     4037   186700 SH       SOLE                   186700
                                                                24     1100 SH       OTHER                     900               200
HEWLETT PACKARD CO COM         com              428236103      312     2500 SH       SOLE                     2500
HILFIGER TOMMY CORP ORD        com              G8915z102     1498   199800 SH       SOLE                   199800
                                                                 1      200 SH       OTHER                                       200
HONEYWELL INTERNATIONAL INC    com              538516106     5226   155139 SH       SOLE                   154016              1123
                                                                63     1856 SH       OTHER                    1686               170
HOOVERS INC COM                com              439321100     2216   328350 SH       SOLE                   328350
HUTCHINSON TECHNOLOGY COM      com              448407106     1018    71450 SH       SOLE                    71450
INCYTE GENOMICS INC            com              45337c102    10984   133650 SH       SOLE                   133650
                                                                 8      100 SH       OTHER                                       100
INDEPENDENT BK CORP MI COM     com              453838104      151    11130 SH       SOLE                    11130
INDUS INTL INC COM             com              45578l100     4346   507550 SH       SOLE                   507550
                                                                51     6000 SH       OTHER                    6000
INTEL CORP COM                 com              458140100     2104    15736 SH       SOLE                    13636              2100
                                                               976     7300 SH       OTHER                    7000               300
INTERNATIONAL BUS MACH COM     com              459200101     1043     9524 SH       SOLE                     9524
                                                                88      800 SH       OTHER                     800
INTUIT COM                     com              461202103    26443   639096 SH       SOLE                   637596              1500
                                                               680    16425 SH       OTHER                   16025               400
INVESCO GLB HLTH SCIEN COM     com              46128N109      673    37131 SH       SOLE                    37131
JDA SOFTWARE GROUP INC COM     com              46612K108     5148   268300 SH       SOLE                   268300
                                                                38     2000 SH       OTHER                    2000
JEFFERSON PILOT CORP COM       com              475070108     6008   106451 SH       SOLE                   106301               150
JOHNSON & JOHNSON COM          com              478160104      458     4500 SH       SOLE                     4400               100
KEANE INC COM                  com              486665102     6590   304750 SH       SOLE                   304750
                                                                 6      300 SH       OTHER                                       300
LAKEHEAD PIPE LINE L P PREF UN com              511557100      521    13000 SH       SOLE                    13000
LANDS END INC COM              com              515086106    13816   413950 SH       SOLE                   412400              1550
                                                                47     1400 SH       OTHER                    1200               200
MADE2MANAGE SYS INC COM        com              556466100      367    65300 SH       SOLE                    65300
MAPICS INC COM                 com              564910107     2197   382100 SH       SOLE                   382100
MAPINFO CORP COM               com              565105103     6985   171950 SH       SOLE                   171950
                                                                61     1500 SH       OTHER                    1500
MASCOTECH INC COM              com              574670105      274    25314 SH       SOLE                    25314
MCDONALDS CORP COM             com              580135101      219     6640 SH       SOLE                     6640
MCI WORLDCOM INC COM           com              98157D106      284     6200 SH       SOLE                     6200
MERCK & CO INC COM             com              589331107      899    11734 SH       SOLE                    11534               200
METACREATIONS CORP COM         com              591016100     4647   387250 SH       SOLE                   387250
METRIS COS INC COM             com              591598107    12049   479548 SH       SOLE                   479548
                                                                 8      300 SH       OTHER                                       300
MICHAELS STORES INC COM        com              594087108    17516   382350 SH       SOLE                   382350
                                                                 9      200 SH       OTHER                                       200
MICRON TECHNOLOGY INC COM      com              595112103     9771   110950 SH       SOLE                   110950
                                                                18      200 SH       OTHER                                       200
MICROSOFT CORP COM             com              594918104      478     5973 SH       SOLE                     5973
MINNESOTA MNG & MFG CO COM     com              604059105      262     3180 SH       SOLE                     2780               400
                                                               165     2000 SH       OTHER                    2000
MOLEX INC COM                  com              608554101      279     5792 SH       SOLE                     5792
MONROE BANCORP COM             com              610313108      219    22500 SH       SOLE                    22500
MORGAN J P & CO INC COM        com              616880100      220     2000 SH       SOLE                     2000
                                                                88      800 SH       OTHER                     800
MOTOROLA INC COM               com              620076109      459    15810 SH       SOLE                    15810
NATIONAL CITY BANCORP COM      com              635312101      153    10575 SH       SOLE                    10575
NEUROGEN CORP COM              com              64124E106      297    10300 SH       SOLE                    10100               200
NIKE INC CL B                  com              654106103     6399   160725 SH       SOLE                   160725
                                                                 4      100 SH       OTHER                                       100
NOBLE DRILLING CORP COM        com              655042109    12486   303151 SH       SOLE                   303151
                                                                12      300 SH       OTHER                                       300
NOKIA CORP SPONSORED ADR       com              654902204      404     8100 SH       SOLE                     8100
NORTEL NETWORKS CORP COM       com              656569100    10662   156220 SH       SOLE                   156220
NORTHERN BORDER PARTNR UNIT LT com              664785102      366    13400 SH       SOLE                    13400
OLD KENT FINL CORP COM         com              679833103     2737   102300 SH       SOLE                   102300
OPEN TEXT CORP COM             com              683715106     4151   193050 SH       SOLE                   193050
ORACLE CORP COM                com              68389X105    38450   457400 SH       SOLE                   457400
                                                                34      400 SH       OTHER                                       400
PEREGRINE SYSTEMS INC          com              71366q101    14136   407531 SH       SOLE                   407531
PERVASIVE SOFTWARE INC COM     com              715710109      465    82600 SH       SOLE                    82600
PETROLEUM GEO-SVCS A/S SPONSOR com              716597109      799    46850 SH       SOLE                    46850
PFIZER INC COM                 com              717081103      274     5712 SH       SOLE                     5712
                                                               547    11388 SH       OTHER                   11388
PHILIPS ELECTRS N V NEW YORK S com              718337504      306     6440 SH       SOLE                     6440
PINNACLE SYS INC COM           com              723481107     7365   327550 SH       SOLE                   327550
PLEXUS CORP COM                com              729132100     8913    78875 SH       SOLE                    78875
POLICY MGMT SYS CORP COM       com              731108106      613    39900 SH       SOLE                    39500               400
RANGE RES CORP COM             com              75281A109       39    12500 SH       SOLE                    12500
RELIASTAR FINL CORP COM        com              75952u103     9438   179980 SH       SOLE                   179980
RENT WAY INC COM               com              76009U104     4565   156400 SH       SOLE                   156400
REPUBLIC SEC FINL CORP COM     com              760758102       77    15388 SH       SOLE                    15388
ROYCE VALUE TR INC COM         com              780910105      300    22103 SH       SOLE                    22103
S3 INC COM                     com              784849101     3499   237228 SH       SOLE                   237228
SAGA SYS INC COM               com              786610105      215    17300 SH       SOLE                    17300
SANMINA CORP COM               com              800907107    30236   353632 SH       SOLE                   353632
                                                                17      200 SH       OTHER                                       200
SBC COMMUNICATIONS INC COM     com              78387g103      264     6107 SH       SOLE                     6107
SCHERING PLOUGH CORP COM       com              806605101      449     8900 SH       SOLE                     8900
SCIENTIFIC ATLANTA INC COM     com              808655104    38725   519802 SH       SOLE                   519002               800
                                                               745    10000 SH       OTHER                   10000
SEALED AIR CORP NEW COM        com              81211K100      471     9000 SH       SOLE                     9000
SECURE COMPUTING CORP COM      com              813705100     2170   115350 SH       SOLE                   115350
SOUTHWEST AIRLS CO COM         com              844741108      202    10680 SH       SOLE                    10680
SPLASH TECH HLDGS INC COM      com              848623104     2479   314800 SH       SOLE                   314500               300
ST JUDE MED INC COM            com              790849103     4510    98300 SH       SOLE                    98300
                                                                 5      100 SH       OTHER                                       100
STRUCTURAL DYNAMIC RES COM     com              863555108     8235   546700 SH       SOLE                   544000              2700
                                                                47     3150 SH       OTHER                    3150
SUN MICROSYSTEMS INC COM       com              866810104    65435   719565 SH       SOLE                   713165              6400
                                                              4047    44500 SH       OTHER                   44000               500
SURMODICS INC                  com              868873100      413    15900 SH       SOLE                    15900
SYBASE INC COM                 com              871130100    12812   557050 SH       SOLE                   557050
                                                                14      600 SH       OTHER                                       600
TEAM FINANCIAL INC COM         com              87815X109      120    14800 SH       SOLE                    14800
TECHNOLOGY SOLUTIONS COM       com              87872T108      740   119575 SH       SOLE                   119575
TENET HEALTHCARE CORP COM      com              88033G100      387    14350 SH       SOLE                    14350
TEXAS INSTRS INC COM           com              882508104    24335   354288 SH       SOLE                   354288
TJX COS INC NEW COM            com              872540109     8745   466400 SH       SOLE                   466400
                                                                 4      200 SH       OTHER                                       200
TRIBUNE CO NEW COM             com              896047107      434    12400 SH       SOLE                    12400
TRIMBLE NAVIGATION LTD COM     com              896239100     3534    72400 SH       SOLE                    72400
TYCO INTL LTD NEW COM          com              902124106     2033    42922 SH       SOLE                    42922
UAL CORP COM PAR $0.01         com              902549500      681    11700 SH       SOLE                    11700
ULTRATECH STEPPER INC COM      com              904034105     2141   143900 SH       SOLE                   143700               200
VERSUS TECHNOLOGY INC COM      com              925313108      348  1013500 SH       SOLE                  1013500
VIACOM INC CL B                com              925524308    15614   228984 SH       SOLE                   228442               542
VIROPHARMA INC COM             com              928241108     2841   181850 SH       SOLE                   181850
                                                                56     3575 SH       OTHER                    3000               575
VODAFONE AIRTOUCH PLC SPONSORE com              92857t107      539    13015 SH       SOLE                    12765               250
WABASH NATL CORP COM           com              929566107     3080   258000 SH       SOLE                   256900              1100
                                                                 4      300 SH       OTHER                                       300
WELLS FARGO & CO NEW COM       com              949746101      408    10530 SH       SOLE                    10130               400
FW PFD CAP TR I PFD SER I 9%   pfd              302684204      135    16000 SH       SOLE                    16000
MB CAP I PFD GT TR8.75%        pfd              55264C207      102    12000 SH       SOLE                    12000
VBC CAP 1 CAP SECS             pfd              91819N109      252    10300 SH       SOLE                    10300
COCA COLA CO COM               com              191216100    -3693   -64300 SH       SOLE                   -64300
DISNEY WALT CO COM             com              254687106     -854   -22000 SH       SOLE                   -22000
GENERAL ELEC CO COM            com              369604103    -1192   -22500 SH       SOLE                   -22500
I2 TECHNOLOGIES INC COM        com              465754109    -1501   -14400 SH       SOLE                   -14400
LUCENT TECHNOLOGIES COM        com              549463107    -3176   -53600 SH       SOLE                   -53600
NOVAMED EYECARE INC COM        com              66986W108     -315   -35700 SH       SOLE                   -35700
PFIZER INC COM                 com              717081103    -4661   -97100 SH       SOLE                   -97100
UNITED HEALTHCARE CORP COM     com              910581107    -3979   -46400 SH       SOLE                   -46400
YAHOO INC COM                  com              948332106    -1548   -12500 SH       SOLE                   -12500
</TABLE>


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