Fred Martin - Disciplined Growth Investors 13F Activity & Position Changes (Q3 2014)

As of Sep 30, 2014, the Disciplined Growth Investors portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q3 2014, the filing reported:

New Buys - , Teradata Corporation, Urban Outfitters, Inc.

Increases - Apple Inc., Autodesk, Inc., Akamai Technologies, Inc., Align Technology, Inc., Brady Corporation, and 20 more

Reductions - The Cheesecake Factory Incorpor, CEVA, Inc., CoStar Group, Inc., Emerson Electric Company, Eaton, and 13 more

Complete Exits - Incyte Corporation

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q3 2014	AAPL Apple Inc.	Apple Inc.	Buy	+29,316	+86.7%	$6.36K	63,118
Q3 2014	ADSK Autodesk, Inc.	Autodesk, Inc.	Buy	+45,426	+2.4%	$108.90K	1,976,385
Q3 2014	AKAM Akamai Technologies, Inc.	Akamai Technologies, Inc.	Buy	+40,008	+2.4%	$101.87K	1,703,443
Q3 2014	ALGN Align Technology, Inc.	Align Technology, Inc.	Buy	+3,112	+0.3%	$61.83K	1,196,410
Q3 2014	BRC Brady Corporation	Brady Corporation	Buy	+25,935	+3.8%	$15.82K	705,115
Q3 2014	CAKE The Cheesecake Factory Incorpor	The Cheesecake Factory Incorpor	Sell	-22,985	-2.1%	$48.53K	1,066,525
Q3 2014	CEVA CEVA, Inc.	CEVA, Inc.	Sell	-125,525	-16.3%	$8.69K	646,321
Q3 2014	CSGP CoStar Group, Inc.	CoStar Group, Inc.	Sell	-13,976	-19.6%	$8.89K	57,174
Q3 2014	DLB Dolby Laboratories	Dolby Laboratories	Buy	+15,484	+2.0%	$32.32K	773,370
Q3 2014	DRQ		Buy - Position Entry	+4,381	-	$392.00	4,381
Q3 2014	EMR Emerson Electric Company	Emerson Electric Company	Sell	-160	-1.5%	$648.00	10,350
Q3 2014	ETD Ethan Allen Interiors Inc.	Ethan Allen Interiors Inc.	Buy	+22,810	+0.9%	$55.34K	2,427,279
Q3 2014	ETN Eaton	Eaton	Sell	-492,042	-30.4%	$71.33K	1,125,661
Q3 2014	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Buy	+15,904	+1.2%	$141.81K	1,388,261
Q3 2014	FDS FactSet Research Systems Inc.	FactSet Research Systems Inc.	Sell	-1,296	-0.2%	$80.83K	665,128
Q3 2014	GGG Graco Inc.	Graco Inc.	Buy	+15,363	+3.2%	$36.54K	500,739
Q3 2014	GNTX Gentex Corporation	Gentex Corporation	Buy	+88,796	+4.0%	$61.22K	2,286,784
Q3 2014	GRMN Garmin	Garmin	Buy	+17,959	+1.4%	$68.66K	1,320,571
Q3 2014	INCY Incyte Corporation	Incyte Corporation	Sell - Position Exit	-35,100	-100.0%	$0.00	-
Q3 2014	INTU Intuit Inc.	Intuit Inc.	Sell	-96,552	-4.8%	$168.85K	1,926,474
Q3 2014	IRBT iRobot Corporation	iRobot Corporation	Sell	-53,300	-16.9%	$7.98K	261,950
Q3 2014	ISRG Intuitive Surgical, Inc.	Intuitive Surgical, Inc.	Buy	+5,247	+3.2%	$77.61K	168,056
Q3 2014	IWP iShares Russell Midcap Growth E	iShares Russell Midcap Growth E	Buy	+43,550	+238.6%	$5.46K	61,800
Q3 2014	JBLU JetBlue Airways Corporation	JetBlue Airways Corporation	Buy	+56,921	+1.3%	$46.10K	4,340,666
Q3 2014	LLFLQ LL Flooring Holdings, Inc.	LL Flooring Holdings, Inc.	Buy	+41,025	+18.8%	$14.88K	259,361
Q3 2014	LQDT Liquidity Services, Inc.	Liquidity Services, Inc.	Buy	+31,490	+27.0%	$2.04K	148,125
Q3 2014	LSTR Landstar System, Inc.	Landstar System, Inc.	Sell	-10,222	-1.0%	$73.53K	1,018,621
Q3 2014	MCHP Microchip Technology Incorporat	Microchip Technology Incorporat	Buy	+5,253	+0.5%	$47.29K	1,001,194
Q3 2014	MIDD The Middleby Corporation	The Middleby Corporation	Buy	+1,167,229	+180.8%	$159.76K	1,812,798
Q3 2014	MRCY Mercury Systems Inc	Mercury Systems Inc	Sell	-36,650	-13.7%	$2.55K	231,800

Page 1 of 2