0000950123-11-050223.txt : 20110513 0000950123-11-050223.hdr.sgml : 20110513 20110513171149 ACCESSION NUMBER: 0000950123-11-050223 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110513 DATE AS OF CHANGE: 20110513 EFFECTIVENESS DATE: 20110513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: S Squared Technology, LLC CENTRAL INDEX KEY: 0001322924 IRS NUMBER: 010622776 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11372 FILM NUMBER: 11842083 BUSINESS ADDRESS: STREET 1: 515 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 421-2155 MAIL ADDRESS: STREET 1: 515 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 y91274be13fvhr.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F Form 13F COVER PAGE Report for the Quarter Ended: March 31, 2011 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: S Squared Technology, LLC Address: 515 Madison Avenue New York, NY 10022 Form 13F File Number: 28-11372 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: Seymour L. Goldblatt Title: Managing Member Phone: 212-421-2155 Signature, Place, and Date of Signing: /s/ Seymour L. Goldblatt New York, New York May 12, 2011 ------------------------------------ [Signature] S Squared Technology, LLC (SEC File No. 801-63753), S Squared Capital II Management, LLC (SEC File No. 801-63785) and S Squared Technology Partners, L.P. (SEC. File No. 801-66022) are related SEC registered investment advisers (collectively, the "Adviser Entities"). Each of the Adviser Entities serves as investment adviser to one or more clients. The same personnel make investment decisions with respect to the securities set forth on the Form 13F filed by S Squared Technology, LLC for all of the clients of each of the Adviser Entities. [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manger are reported in this report and a portion are reported by other manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] NONE FORM 13F SUMMARY PAGE Report Summary Number of other Included Managers: 1 Form 13F Information Table Entry Total: 92 Form 13F Information Table Value Total: $627,772 (thousands) List of Other Included Managers: S Squared Capital II Management, LLC Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. 01 - S Squared Capital II Management, LLC FORM 13F Page 1 of 4 NAME OF REPORTING MANAGER S SQUARED TECHNOLOGY, LLC March 31, 2011
Item 1: Item 2: Item 3: Item 4: Item 5: Item 6 Item 7 Item 8: ------- -------- ---------- -------- ------------ ------------------------ -------- --------------------- Investment Discretion Voting Authority Fair ------------------------ (Shares) Market Shares of (b) Shared (c) Managers --------------------- Title of CUSIP Value Principal (a) -As Defined Shared- See (a) (b) (c) Name of Issuer class Number (x$1000) Amount Sole in Instr. V Other Instr. V Sole Shared None -------------- -------- ---------- -------- ------------ ---- ----------- ------- -------- --------- ------ ---- ABSOLUTE SOFTWARE CORPORATION COM 00386B109 6,382 1,950,400 SH X 1,950,400 ACCELRYS INC COM 00430U103 914 114,300 SH X 114,300 ACCENTURE PLC COM G1151C101 1,951 35,500 SH X 35,500 ACORDA THERAPEUTICS INC COM 00484M106 9,016 388,600 SH X 01 388,600 ALLSCRIPTS HEALTHCARE SOLUTION COM 01988P108 9,041 430,750 SH X 01 430,750 ARCHIPELAGO LEARNING INC COM 03956P102 3,497 409,000 SH X 409,000 ARROW ELECTRONICS INC COM 042735100 8,338 199,100 SH X 01 199,100 ATMEL CORP COM 049513104 8,245 604,900 SH X 01 604,900 AVAGO TECHNOLOGIES COM Y0486S104 6,344 204,000 SH X 01 204,000 AVNET INC COM 053807103 5,284 155,000 SH X 01 155,000 BALLANTYNE STRONG INC COM 058516105 2,570 358,500 SH X 358,500 BIOGEN IDEC INC COM 09062X103 10,323 140,500 SH X 01 140,500 BMC SOFTWARE INC COM 055921100 22,234 447,000 SH X 01 447,000 CALIX INC COM 13100M509 7,775 382,800 SH X 382,800 CALLIDUS SOFTWARE COM 13123E500 13,726 1,997,983 SH X 01 1,997,983 CEPHALON INC COM 156708109 8,141 107,000 SH X 01 107,000 CIENA COM 171779101 10,895 420,000 SH X 01 420,000 CITY TELECOM LTD ADR 178677209 5,010 331,100 SH X 331,100 CODEXIS, INC COM 192005106 2,754 233,000 SH X 233,000 COGNIZANT TECHNOLOGY SOLUTIONS COM 192446102 4,713 57,900 SH X 01 57,900 COMVERSE TECHNOLOGY INC COM 205862402 11,125 1,481,400 SH X 01 1,481,400 CONSTANT CONTACT INC COM 210313102 3,808 109,100 SH X 109,100 DEMANDTEC TEC COM 24802R506 903 68,600 SH X 68,600 DEXCOM INC COM 252131107 19,038 1,226,700 SH X 01 1,226,700 DIGITAL RIV INC COM 25388B104 15,159 405,000 SH X 01 405,000 ELOYALTY COM 290151307 6,088 820,525 SH X 01 820,525 EPICOR SOFTWARE CORP COM 29426L108 7,529 680,100 SH X 680,100 F5 NETWORKS INC. COM 315616102 8,052 78,500 SH X 01 78,500 FLEXTRONICS INTL LTD COM Y2573F102 4,011 536,900 SH X 01 536,900 FOREST LABS INC COM 345838106 13,828 428,100 SH X 01 428,100 ------- COLUMN TOTAL 236,694 -------
FORM 13F Page 2 of 4 NAME OF REPORTING MANAGER S SQUARED TECHNOLOGY, LLC March 31, 2011
Item 1: Item 2: Item 3: Item 4: Item 5: Item 6 Item 7 Item 8: ------- -------- ---------- -------- ------------ ------------------------ -------- --------------------- Investment Discretion Voting Authority Fair ------------------------ (Shares) Market Shares of (b) Shared (c) Managers --------------------- Title of CUSIP Value Principal (a) -As Defined Shared- See (a) (b) (c) Name of Issuer class Number (x$1000) Amount Sole in Instr. V Other Instr. V Sole Shared None -------------- -------- ---------- -------- ------------ ---- ----------- ------- -------- --------- ------ ---- GSE SYSTEMS INC COM 36227K106 3,098 1,370,800 SH X 1,370,800 HARMONIC COM 413160102 7,278 775,900 SH X 775,900 IGATE CORPORATION COM 45169U105 801 42,700 SH X 42,700 INGRAM MICRO INC COM 457153104 9,062 430,900 SH X 01 430,900 INTER-NAP NETWORK COM 45885A300 9,862 1,501,000 SH X 1,501,000 INTERSIL HLDG CORP CL A COM 46069S109 5,629 452,100 SH X 01 452,100 KENEXA CORP COM 488879107 28,332 1,026,900 SH X 01 1,026,900 LAM RESH CORP COM 512807108 9,819 173,300 SH X 01 173,300 LINEAR TECHNOLOTY CORP COM 535678106 9,988 297,000 SH X 01 297,000 LIQUIDITY SERVICES INC. COM 53635B107 7,778 435,500 SH X 435,500 LOCAL.COM CORP COM 53954R105 3,754 965,000 SH X 965,000 MARVELL TECH GROUP LTD ORD COM G5876H105 3,214 206,700 SH X 01 206,700 MEDIAMINDS TECHNOLOGIES COM 58449C100 4,865 352,300 SH X 352,300 MERU NETWORKS INC COM 59047Q103 2,679 131,900 SH X 131,900 MICROSEMI CORP COM 595137100 3,929 189,700 SH X 01 189,700 MICROSTRATEGY INC COM 594972408 15,048 111,900 SH X 01 111,900 MONOLITHIC POWERSYSTEM INC COM 609839105 2,919 205,700 SH X 205,700 MONSTER WORLDWIDE INC COM 611742107 7,481 470,500 SH X 01 470,500 NOVELL INC COM 670006105 3,639 613,700 SH X 01 613,700 NVIDIA CORP COM 67066G104 7,249 392,700 SH X 01 392,700 OCZ TECHNOLOGY (2nd private plc) COM 67086E303 4,860 600,000 SH X 600,000 OCZ TECHNOLOGY (1st private plc) COM 67086E303 7,865 970,993 SH X 970,993 ONYX PHARM COM 683399109 11,047 314,000 SH X 01 314,000 OPENWAVE SYS INC COM 683718308 16,301 7,617,200 SH X 01 7,617,200 OPTIMER PHARMACEUTICALS INC COM 68401H104 1,774 150,000 SH X 150,000 POWER INTEGRATIONS INC COM 739276103 3,243 84,600 SH X 84,600 POWERSECURE INTL INC COM 73936N105 5,859 681,230 SH X 681,230 PRINCETON REVIEW INC COM 742352107 472 1,235,600 SH X 1,235,600 ------- COLUMN TOTAL 197,845 -------
FORM 13F Page 3 of 4 NAME OF REPORTING MANAGER S SQUARED TECHNOLOGY, LLC March 31, 2011
Item 1: Item 2: Item 3: Item 4: Item 5: Item 6 Item 7 Item 8: ------- -------- ---------- -------- ------------ ------------------------ -------- --------------------- Investment Discretion Voting Authority Fair ------------------------ (Shares) Market Shares of (b) Shared (c) Managers --------------------- Title of CUSIP Value Principal (a) -As Defined Shared- See (a) (b) (c) Name of Issuer class Number (x$1000) Amount Sole in Instr. V Other Instr. V Sole Shared None -------------- -------- ---------- -------- ------------ ---- ----------- ------- -------- --------- ------ ---- QUANTUM CORP-DLT & STORAGE SYS COM 747906204 4,249 1,686,000 SH X 1,686,000 QUEST SOFTWARE INC COM 74834T103 2,143 84,371 SH X 01 84,371 RADWARE, LTD COM IL0010834 5,794 163,500 SH X 163,500 REACHLOCAL, INC COM 75525F104 3,100 155,000 SH X 155,000 REAL NETWORKS INC COM 75605L104 14,374 3,864,000 SH X 01 3,864,000 REALD INC COM 75604L105 2,490 91,000 SH X 01 91,000 RESVERLOGIX CORP COM 76128M108 799 355,100 SH X 355,100 RIVERSTONE NETWORKS COM 769320995 0 5,414,200 SH X 01 5,414,200 SALIX PHARMACEUTICALS COM 795435106 12,986 370,700 SH X 01 370,700 SANDVINE CORP COM 800213100 2,176 850,000 SH X 850,000 SAPIENT CORP COM 803062108 18,321 1,600,100 SH X 01 1,600,100 SEAGATE TECHNOLOGY HOLDINGS COM G7945M107 4,937 342,700 SH X 01 342,700 SILICON LABORATORIES, INC COM 826919102 8,780 203,200 SH X 01 203,200 SMART TECHNOLOGIES COM 83172R108 5,105 500,000 SH X 01 500,000 SOLARWINDS, INC COM 83416B109 6,463 275,500 SH X 01 275,500 STEC Inc COM 784774101 15,753 784,100 SH X 01 784,100 SYCAMORE NETWORKS INC COM 871206108 489 20,000 SH X 20,000 TECH DATA CORP COM 878237106 4,094 80,500 SH X 01 80,500 TEKELEC COM 879101103 9,744 1,200,000 SH X 1,200,000 TELECOMMUNICATIONS SYS CL A COM 87929J103 6,224 1,503,500 SH X 1,503,500 THESTREET.COM, INC COM 88368Q103 3,558 1,061,968 SH X 1,061,968 TNS INC COM 872960109 12,504 803,089 SH X 01 803,089 TRX INC COM 898452107 150 230,600 SH X 230,600 UROPLASTY INC COM 917277204 3,129 473,300 SH X 473,300 VIROPHARMA INC COM 928241108 8,239 414,000 SH X 414,000 VISTAPRINT LTD COM N93540107 9,145 176,200 SH X 01 176,200 VOCUS INC COM 92858J108 9,191 355,400 SH X 355,400 WEB.COM GROUP INC COM 94733A104 15,684 1,076,101 SH X 1,076,101 WEBMEDIABRANDS INC COM 94770W100 2,811 2,007,700 SH X 2,007,700 WEBSENSE INC COM 947684106 574 25,000 SH X 25,000 ELOYALTY CORP SERIES B CONV PF CVPF 290152990 115 22,475 SH X 22,475 ------- COLUMN TOTAL 193,121 -------
Page 4 of 4 31-Mar-11 S Squared Technology, LLC Form 13F - Additions
Item 1: Item 2: Item 3: Item 4: Item 5: Item 6 Item 7 Item 8: ------- -------- ---------- -------- ------------ ------------------------ -------- --------------------- Investment Discretion Voting Authority Fair ------------------------ (Shares) Market Shares of (b) Shared (c) Managers --------------------- Title of CUSIP Value Principal (a) -As Defined Shared- See (a) (b) (c) Name of Issuer class Number (x$1000) Amount Sole in Instr. V Other Instr. V Sole Shared None -------------- -------- ---------- -------- ------------ ---- ----------- ------- -------- --------- ------ ---- CORNERSTONE ONDEMAND COM 21925Y103 100 5,500 SH X 01 5,500 NORTEL NETWORKS COM 656568508 0 5 SH X 5 SERVICESOURCE COM 81763U1007 12 1,000 SH X 1,000 TOTAL MARKET VALUE 13F ADDITIONS 112 ------- TOTAL MARKET VALUE 13F 627,660 ======= TOTAL MARKET VALUE 13F & ADDITIONS 627,772 =======