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, 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 October 24, 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: 208
Form 13F Information Table Value Total: $759,932
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>
NESTLE SA com 4616696 267 128 SH SOLE 128
UBS AG com 5962354 517 3888 SH SOLE 3888
3DFX INTERACTIVE COM com 88553X103 185 37902 SH SOLE 37902
3DO CO COM com 88553w105 2755 411900 SH SOLE 411900
ABBOTT LABS COM com 002824100 1012 21267 SH SOLE 21267
ACTIVISION INC NEW COM NEW com 004930202 4008 267225 SH SOLE 267225
ADAPTIVE BROADBAND CP COM com 00650M104 5677 291150 SH SOLE 291150
234 12000 SH OTHER 12000
ADOBE SYS INC COM com 00724F101 29820 192075 SH SOLE 191875 200
AFLAC INC COM com 001055102 549 8576 SH SOLE 8576
AK STL HLDG CORP COM com 001547108 21031 2243302 SH SOLE 2240602 2700
28 3000 SH OTHER 3000
ALCATEL ALSTHOM SPONSORED ADR com 013904305 23265 370025 SH SOLE 370025
163 2592 SH OTHER 2430 162
ALCOA INC COM com 013817101 6967 275252 SH SOLE 274616 636
95 3744 SH OTHER 3744
ALLSTATE CORP COM com 020002101 1688 48586 SH SOLE 48386 200
AMERICA ONLINE INC DEL COM com 02364J104 443 8250 SH SOLE 8250
AMERICAN INTL GROUP COM com 026874107 833 8701 SH SOLE 8503 198
APPLE COMPUTER INC COM com 037833100 14080 546800 SH SOLE 545000 1800
10 400 SH OTHER 400
ARCHER DANIELS MIDLAND COM com 039483102 114 13242 SH SOLE 13242
ASHWORTH INC COM com 04516H101 2664 338300 SH SOLE 338300
ASPEN TECHNOLOGY INC COM com 045327103 10828 239950 SH SOLE 239950
ASSISTED LIVING CONCPT COM com 04543l109 52 83400 SH SOLE 83400
AT&T CORP COM com 001957109 274 9312 SH SOLE 9312
AWARE INC MASS COM com 05453N100 770 20000 SH SOLE 20000
BANC ONE CORP COM com 06423A103 291 7529 SH SOLE 7529
BARRETT RES CORP COM PAR $0.01 com 068480201 1913 50600 SH SOLE 50600
BJ SVCS CO COM com 055482103 3949 64600 SH SOLE 64600
BLACK & DECKER CORP COM com 091797100 6743 197250 SH SOLE 197250
BLACK BOX CORP DEL COM com 091826107 741 15900 SH SOLE 15900
BOEING CO COM com 097023105 285 4520 SH SOLE 4220 300
BRISTOL MYERS SQUIBB COM com 110122108 827 14470 SH SOLE 14470
CABLETRON SYS INC COM com 126920107 13000 442550 SH SOLE 442550
CARDINAL HEALTH INC COM com 14149Y108 2041 23143 SH SOLE 22717 426
CENDANT CORP COM com 151313103 3304 303860 SH SOLE 303860
CHEESECAKE FACTORY INC COM com 163072101 11084 256275 SH SOLE 256275
CHEVRON CORPORATION COM com 166751107 768 9011 SH SOLE 9011
CHITTENDEN CORP COM com 170228100 241 9375 SH SOLE 9375
CIBER INC COM com 17163B102 3083 373650 SH SOLE 373650
CISCO SYS INC COM com 17275R102 549 9937 SH SOLE 8437 1500
CITIGROUP INC COM com 173034109 869 16081 SH SOLE 16081
CITIZENS BKG CORP MICH COM com 174420109 379 16476 SH SOLE 16476
COLGATE PALMOLIVE CO COM com 194162103 243 5150 SH SOLE 5150
COMERICA INC COM com 200340107 365 6240 SH SOLE 6240
COMPAQ COMPUTER CORP COM com 204493100 218 7900 SH SOLE 7900
COMPASS BANCSHARES INC COM com 20449h109 227 11666 SH SOLE 11666
COMPUWARE CORP COM com 205638109 122 14550 SH SOLE 14550
CORVAS INTL INC COM com 221005101 2325 100000 SH SOLE 100000
139 6000 SH OTHER 6000
CREDIT ACCEP CORP MICH COM com 225310101 244 38577 SH SOLE 38577
DAMARK INTL INC CL A com 235691102 2694 219900 SH SOLE 219900
DAVOX CORP COM com 239208101 4616 458700 SH SOLE 458600 100
DELL COMPUTER CORP COM com 247025109 216 7000 SH SOLE 7000
DELPHI AUTO SYS CORP COM com 247126105 5539 366243 SH SOLE 365674 569
45 3000 SH OTHER 3000
DEVON ENERGY CORP COM com 25179M103 28541 474502 SH SOLE 473002 1500
430 7156 SH OTHER 6856 300
DSET CORP COM com 262504103 6171 299200 SH SOLE 299200
EATON CORP COM com 278058102 12991 210801 SH SOLE 210601 200
55 900 SH OTHER 900
ECHELON CORP COM com 27874N105 4847 165000 SH SOLE 165000
EL PASO NAT GAS CO COM NEW com 283695872 205 3333 SH SOLE 3315 18
ELAN PLC ADR com 284131208 417 7614 SH SOLE 7614
ELOYALTY CORP COM com 290151109 1394 109325 SH SOLE 109325
EMERSON ELEC CO COM com 291011104 812 12114 SH SOLE 12114
ENRON CORP COM com 293561106 342 3900 SH SOLE 3900
EPIX MEDICAL INC COM com 26881Q101 2334 166750 SH SOLE 166750
7 500 SH OTHER 500
EXCALIBUR TECHNOLOGIES COM NEW com 300651205 470 7000 SH SOLE 7000
EXXON MOBIL CORP COM com 30231G102 932 10459 SH SOLE 10275 184
107 1200 SH OTHER 1200
FEDERAL NATL MTG ASSN COM com 313586109 296 4142 SH SOLE 4142
FEDERAL REALTY INVT TR SH BEN com 313747206 203 10600 SH SOLE 10600
FIRST PAC LTD SPONSORED ADR com 335889200 18 12000 SH SOLE 12000
FIRSTAR CORP COM com 33761C103 268 12000 SH SOLE 12000
GENERAL ELEC CO COM com 369604103 1643 28485 SH SOLE 28317 168
GENERAL MLS INC COM com 370334104 207 5843 SH SOLE 5843
GENERAL MTRS CORP CL H NEW com 370442832 2481 66732 SH SOLE 66654 78
GENERAL MTRS CORP COM com 370442105 4863 74812 SH SOLE 74737 75
GENTEX CORP COM com 371901109 632 25300 SH SOLE 25300
GENZYME CORP COM GENL DIV com 372917104 5692 83475 SH SOLE 83475
7 100 SH OTHER 100
GEORGIA PAC CORP COM-TIMBER GR com 373298702 5018 186700 SH SOLE 186700
24 900 SH OTHER 900
HEWLETT PACKARD CO COM com 428236103 233 2400 SH SOLE 2400
HILFIGER TOMMY CORP ORD com G8915z102 1910 198400 SH SOLE 198400
HONEYWELL INTERNATIONAL INC com 438516106 6061 170126 SH SOLE 169190 936
120 3356 SH OTHER 3186 170
HOOVERS INC COM com 439321100 2255 353650 SH SOLE 353650
HOUSEHOLD INTL INC COM com 441815107 326 5756 SH SOLE 5756
HUTCHINSON TECHNOLOGY COM com 448407106 1501 71250 SH SOLE 71250
INCYTE GENOMICS INC com 45337c102 11042 268500 SH SOLE 268500
8 200 SH OTHER 200
INDEPENDENT BK CORP MI COM com 453838104 215 12394 SH SOLE 12394
INDUS INTL INC COM com 45578l100 2525 518050 SH SOLE 518050
73 15000 SH OTHER 15000
INTEL CORP COM com 458140100 3349 80572 SH SOLE 77372 3200
536 12900 SH OTHER 12500 400
INTERNATIONAL BUS MACH COM com 459200101 1071 9524 SH SOLE 9524
90 800 SH OTHER 800
INTUIT COM com 461202103 36371 638096 SH SOLE 636596 1500
936 16425 SH OTHER 16025 400
INVESCO GLB HLTH SCIEN COM com 46128N109 747 36676 SH SOLE 36676
JDA SOFTWARE GROUP INC COM com 46612K108 3550 278450 SH SOLE 278450
25 2000 SH OTHER 2000
JEFFERSON PILOT CORP COM com 475070108 7276 107201 SH SOLE 107051 150
JOHNSON & JOHNSON COM com 478160104 484 5155 SH SOLE 5055 100
KEANE INC COM com 486665102 5380 309200 SH SOLE 308900 300
LAKEHEAD PIPE LINE L P PREF UN com 511557100 539 13000 SH SOLE 13000
LANDS END INC COM com 515086106 8708 414650 SH SOLE 413200 1450
29 1400 SH OTHER 1200 200
LILLY ELI & CO COM com 532457108 925 11400 SH SOLE 10800 600
MADE2MANAGE SYS INC COM com 556466100 212 65300 SH SOLE 65300
MAPICS INC COM com 564910107 3934 582800 SH SOLE 582800
MAPINFO CORP COM com 565105103 8076 257925 SH SOLE 257925
70 2250 SH OTHER 2250
MASCOTECH INC COM com 574670105 419 25314 SH SOLE 25314
MERCK & CO INC COM com 589331107 1301 17480 SH SOLE 17280 200
METACREATIONS CORP COM com 591016100 4472 397500 SH SOLE 397400 100
METRIS COS INC COM com 591598107 18788 475648 SH SOLE 475648
12 300 SH OTHER 300
MICHAELS STORES INC COM com 594087108 15825 395625 SH SOLE 395625
8 200 SH OTHER 200
MICRON TECHNOLOGY INC COM com 595112103 5016 109050 SH SOLE 109050
MICROSOFT CORP COM com 594918104 306 5073 SH SOLE 5073
MINNESOTA MNG & MFG CO COM com 604059105 285 3130 SH SOLE 2730 400
182 2000 SH OTHER 2000
MOLEX INC COM com 608554101 315 5792 SH SOLE 5792
MONROE BANCORP COM com 610313108 197 22500 SH SOLE 22500
MORGAN J P & CO INC COM com 616880100 327 2000 SH SOLE 2000
131 800 SH OTHER 800
MOTOROLA INC COM com 620076109 447 15810 SH SOLE 15810
MYND CORP COM com 628551103 539 39900 SH SOLE 39500 400
NEUROGEN CORP COM com 64124E106 305 9800 SH SOLE 9600 200
NIKE INC CL B com 654106103 6439 160725 SH SOLE 160725
4 100 SH OTHER 100
NOBLE DRILLING CORP COM com 655042109 15020 298901 SH SOLE 298901
15 300 SH OTHER 300
NOKIA CORP SPONSORED ADR com 654902204 572 14360 SH SOLE 14360
NORTEL NETWORKS CORP COM com 656568102 9282 155840 SH SOLE 155840
NORTHERN BORDER PARTNR UNIT LT com 664785102 424 13400 SH SOLE 13400
OLD KENT FINL CORP COM com 679833103 3108 107414 SH SOLE 107414
OPEN TEXT CORP COM com 683715106 3994 206150 SH SOLE 206150
ORACLE CORP COM com 68389X105 34571 439000 SH SOLE 439000
24 300 SH OTHER 300
PEREGRINE SYSTEMS INC com 71366q101 8036 424331 SH SOLE 423831 500
PETROLEUM GEO-SVCS A/S SPONSOR com 716597109 810 46950 SH SOLE 46950
PFIZER INC COM com 717081103 288 6399 SH SOLE 6399
512 11388 SH OTHER 11388
PHILIPS ELECTRS N V NEW YORK S com 718337504 232 5458 SH SOLE 5458
PINNACLE SYS INC COM com 723481107 3910 347550 SH SOLE 347550
PLEXUS CORP COM com 729132100 8583 121750 SH SOLE 121750
RANGE RES CORP COM com 75281A109 55 11400 SH SOLE 11400
RENT WAY INC COM com 76009U104 4753 156475 SH SOLE 156475
REPUBLIC SEC FINL CORP COM com 760758102 76 15388 SH SOLE 15388
ROYCE VALUE TR INC COM com 780910105 312 21603 SH SOLE 21603
S3 INC COM com 784849101 2450 237578 SH SOLE 237578
SAGA SYS INC COM com 786610105 182 17300 SH SOLE 17300
SANMINA CORP COM com 800907107 32041 342232 SH SOLE 342232
9 100 SH OTHER 100
SBC COMMUNICATIONS INC COM com 78387g103 305 6107 SH SOLE 6107
SCHERING PLOUGH CORP COM com 806605101 414 8900 SH SOLE 8900
SCIENTIFIC ATLANTA INC COM com 808655104 30340 476852 SH SOLE 476052 800
636 10000 SH OTHER 10000
SEALED AIR CORP NEW COM com 81211K100 407 9000 SH SOLE 9000
SECURE COMPUTING CORP COM com 813705100 3006 115350 SH SOLE 115350
SOUTHWEST AIRLS CO COM com 844741108 259 10680 SH SOLE 10680
SPLASH TECH HLDGS INC COM com 848623104 3199 345800 SH SOLE 345500 300
ST JUDE MED INC COM com 790849103 5023 98500 SH SOLE 98500
5 100 SH OTHER 100
STRUCTURAL DYNAMIC RES COM com 863555108 9026 551200 SH SOLE 548500 2700
52 3150 SH OTHER 3150
SUN MICROSYSTEMS INC COM com 866810104 73851 632560 SH SOLE 627660 4900
4822 41300 SH OTHER 41000 300
SURMODICS INC com 868873100 871 15900 SH SOLE 15900
SYBASE INC COM com 871130100 12944 562800 SH SOLE 562800
14 600 SH OTHER 600
TEAM FINANCIAL INC COM com 87815X109 81 11200 SH SOLE 11200
TECHNOLOGY SOLUTIONS COM com 87872T108 399 159575 SH SOLE 159575
TENET HEALTHCARE CORP COM com 88033G100 493 13550 SH SOLE 13550
TEXAS INSTRS INC COM com 882508104 16902 358188 SH SOLE 358188
TJX COS INC NEW COM com 872540109 10525 467800 SH SOLE 467600 200
TRIBUNE CO NEW COM com 896047107 541 12400 SH SOLE 12400
TRIMBLE NAVIGATION LTD COM com 896239100 2529 113050 SH SOLE 113050
TYCO INTL LTD NEW COM com 902124106 2293 44197 SH SOLE 44197
UAL CORP COM PAR $0.01 com 902549500 491 11700 SH SOLE 11700
ULTRATECH STEPPER INC COM com 904034105 2311 143900 SH SOLE 143700 200
VERSUS TECHNOLOGY INC COM com 925313108 322 1007500 SH SOLE 1007500
VIACOM INC CL B com 925524308 13370 228550 SH SOLE 228008 542
VIROPHARMA INC COM com 928241108 8327 321800 SH SOLE 321200 600
93 3575 SH OTHER 3000 575
VODAFONE GROUP PLC SPONSORED A com 92857w100 701 18950 SH SOLE 18700 250
WAL MART STORES INC COM com 931142103 1573 32692 SH SOLE 32692
WELLS FARGO & CO NEW COM com 949746101 424 9230 SH SOLE 8830 400
CISCO SYS INC COM com 17275R102 -1812 -32800 SH SOLE -32800
COCA COLA CO COM com 191216100 -3545 -64300 SH SOLE -64300
DISNEY WALT CO COM com 254687106 -841 -22000 SH SOLE -22000
GENERAL ELEC CO COM com 369604103 -1298 -22500 SH SOLE -22500
JDS UNIPHASE CORP COM com 46612j101 -786 -8300 SH SOLE -8300
LUCENT TECHNOLOGIES COM com 549463107 -529 -17300 SH SOLE -17300
MICROSOFT CORP COM com 594918104 -1701 -28200 SH SOLE -28200
PFIZER INC COM com 717081103 -4363 -97100 SH SOLE -97100
YAHOO INC COM com 948332106 -2202 -24200 SH SOLE -24200
FW PFD CAP TR I PFD SER I 9% pfd 302684204 144 16000 SH SOLE 16000
MB CAP I PFD GT TR8.75% pfd 55264C207 106 11600 SH SOLE 11600
VBC CAP 1 CAP SECS pfd 91819N109 255 10300 SH SOLE 10300
</TABLE>