0001398344-11-001709.txt : 20110804 0001398344-11-001709.hdr.sgml : 20110804 20110804092224 ACCESSION NUMBER: 0001398344-11-001709 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110804 DATE AS OF CHANGE: 20110804 EFFECTIVENESS DATE: 20110804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROWN CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0000885062 IRS NUMBER: 521304372 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03139 FILM NUMBER: 111008948 BUSINESS ADDRESS: STREET 1: 1201 N CALVERT ST CITY: BALTIMORE STATE: MD ZIP: 21201 BUSINESS PHONE: 4108373234 MAIL ADDRESS: STREET 1: 1201 N CALVERT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: BROWN CAPITAL MANAGEMENT INC DATE OF NAME CHANGE: 19990325 13F-HR 1 fp0003256_13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 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: Brown Capital Management, LLC Address: 1201 N. Calvert Street Baltimore, MD 21202 Form 13F File Number: 028-03139 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: Eddie C. Brown Title: President Phone: 410-837-3234 Signature, Place, and Date of Signing: /s/ Eddie C. Brown Baltimore, MD 08/03/2011 ------------------ ------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one.): [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 manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------- Form 13F Information Table Entry Total: 125 ----------- Form 13F Information Table Value Total: $ 3,399,520 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the names(s) and Form 13F file numbers(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- ------------- --------- ----------- -------------------- ---------- -------- -------------------------- VOTING AUTHORITY TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------------- NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- ------------- --------- ----------- ----------- --- ---- ---------- -------- --------- ------ --------- AMERICAN SOFTWARE INC CL A 029683109 29,476 3,547,021 SH SOLE 1,957,084 1,589,937 GOOGLE INC CL A 38259P508 7,606 15,020 SH SOLE 3,666 11,354 MSC INDL DIRECT INC CL A 553530106 5,907 89,086 SH SOLE 46,247 42,839 MEDICIS PHARMACEUTICAL CORP CL A NEW 584690309 53,357 1,397,890 SH SOLE 850,823 547,067 UNITED PARCEL SERVICE INC CL B 911312106 326 4,470 SH SOLE 775 3,695 TRANSOCEAN LTD REG SHS H8817H100 16,778 259,886 SH SOLE 105,536 154,350 INVESCO LTD SHS G491BT108 6,645 283,995 SH SOLE 155,505 128,490 NABORS INDUSTRIES LTD SHS G6359F103 14,697 596,468 SH SOLE 219,537 376,931 TYCO INTERNATIONAL LTD SHS H89128104 12,828 259,517 SH SOLE 141,784 117,733 FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 2,833 529,528 SH SOLE 290,165 239,363 ICON PUB LTD CO SPONSORED ADR 45103T107 10,605 450,146 SH SOLE 246,561 203,585 SASOL LTD SPONSORED ADR 803866300 20,618 389,824 SH SOLE 155,335 234,489 SHIRE PLC SPONSORED ADR 82481R106 8,339 88,517 SH SOLE 45,505 43,012 ABAXIS INC COM 002567105 85,551 3,139,486 SH SOLE 1,671,436 1,468,050 ABBOTT LABS COM 002824100 1,476 28,052 SH SOLE 17,109 10,943 ACCELRYS INC COM 00430U103 57,320 8,061,840 SH SOLE 4,338,229 3,723,611 ACI WORLDWIDE INC COM 004498101 58,067 1,719,491 SH SOLE 897,987 821,504 AFLAC INC COM 001055102 5,746 123,103 SH SOLE 26,119 96,984 AKAMAI TECHNOLOGIES INC COM 00971T101 2,373 75,417 SH SOLE 41,392 34,025 ALBANY MOLECULAR RESH INC COM 012423109 8,307 1,727,069 SH SOLE 739,112 987,957 ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 10,211 525,811 SH SOLE 181,302 344,509 ANSYS INC COM 03662Q105 75,064 1,373,050 SH SOLE 598,604 774,446 APPLE INC COM 037833100 7,151 21,304 SH SOLE 7,203 14,101 AUTOMATIC DATA PROCESSING IN COM 053015103 383 7,272 SH SOLE 1,112 6,160 BALCHEM CORP COM 057665200 93,489 2,135,437 SH SOLE 1,096,045 1,039,392 BLACKBAUD INC COM 09227Q100 81,077 2,924,860 SH SOLE 1,685,520 1,239,340 BRUKER CORP COM 116794108 25,458 1,250,379 SH SOLE 765,779 484,600 CAMERON INTERNATIONAL CORP COM 13342B105 6,488 129,013 SH SOLE 56,754 72,259 CANTEL MEDICAL CORP COM 138098108 63,073 2,343,856 SH SOLE 1,334,809 1,009,047 CARBO CERAMICS INC COM 140781105 95,613 586,761 SH SOLE 306,955 279,806 CELGENE CORP COM 151020104 14,371 238,249 SH SOLE 68,664 169,585 CERNER CORP COM 156782104 2,959 48,420 SH SOLE 48,420 CHEVRON CORP NEW COM 166764100 324 3,153 SH SOLE 3,153 CISCO SYS INC COM 17275R102 306 19,580 SH SOLE 560 19,020 COACH INC COM 189754104 2,922 45,711 SH SOLE 27,032 18,679 COGNEX CORP COM 192422103 68,894 1,944,523 SH SOLE 1,102,793 841,730 CONCUR TECHNOLOGIES INC COM 206708109 68,752 1,373,119 SH SOLE 604,732 768,387 COVANCE INC COM 222816100 5,800 97,692 SH SOLE 57,858 39,834 DANAHER CORP DEL COM 235851102 351 6,624 SH SOLE 1,000 5,624 DIAMOND OFFSHORE DRILLING IN COM 25271C102 6,218 88,312 SH SOLE 38,722 49,590 DICKS SPORTING GOODS INC COM 253393102 13,951 362,829 SH SOLE 103,068 259,761 DIODES INC COM 254543101 78,514 3,008,213 SH SOLE 1,607,347 1,400,866 DOLBY LABORATORIES INC COM 25659T107 56,646 1,334,098 SH SOLE 734,357 599,741 DYNAMIC MATLS CORP COM 267888105 48,474 2,162,095 SH SOLE 1,144,870 1,017,225 E M C CORP MASS COM 268648102 10,474 380,167 SH SOLE 88,684 291,483 ECOLAB INC COM 278865100 5,261 93,307 SH SOLE 50,063 43,244 ENERNOC INC COM 292764107 32,692 2,077,019 SH SOLE 1,118,599 958,420 EXPEDITORS INTL WASH INC COM 302130109 4,795 93,664 SH SOLE 49,260 44,404 FACTSET RESH SYS INC COM 303075105 3,517 34,375 SH SOLE 13,772 20,603 FASTENAL CO COM 311900104 3,947 109,662 SH SOLE 41,476 68,186 FEI CO COM 30241L109 108,448 2,839,679 SH SOLE 1,392,596 1,447,083 FLIR SYS INC COM 302445101 63,998 1,898,482 SH SOLE 1,099,054 799,428 GENERAL ELECTRIC CO COM 369604103 221 11,707 SH SOLE 2,875 8,832 GEN-PROBE INC NEW COM 36866T103 76,654 1,108,515 SH SOLE 593,245 515,270 GILEAD SCIENCES INC COM 375558103 626 15,121 SH SOLE 9,317 5,804 GOLDMAN SACHS GROUP INC COM 38141G104 6,015 45,192 SH SOLE 12,141 33,051 GRAINGER W W INC COM 384802104 399 2,600 SH SOLE 2,600 GREEN MTN COFFEE ROASTERS IN COM 393122106 98,604 1,104,687 SH SOLE 618,280 486,407 HANSEN NAT CORP COM 411310105 5,700 70,410 SH SOLE 32,186 38,224 HOME DEPOT INC COM 437076102 213 5,877 SH SOLE 1,633 4,244 HUMAN GENOME SCIENCES INC COM 444903108 8,727 355,618 SH SOLE 197,657 157,961 HUNT J B TRANS SVCS INC COM 445658107 3,089 65,607 SH SOLE 29,386 36,221 IDEXX LABS INC COM 45168D104 3,915 50,473 SH SOLE 22,904 27,569 IMMUCOR INC COM 452526106 61,732 3,023,123 SH SOLE 1,811,523 1,211,600 INCYTE CORP COM 45337C102 34,157 1,803,438 SH SOLE 684,302 1,119,136 INTERNATIONAL BUSINESS MACHS COM 459200101 4,147 24,172 SH SOLE 15,191 8,981 IRIS INTL INC COM 46270W105 33,900 3,393,355 SH SOLE 1,751,360 1,641,995 IRON MTN INC COM 462846106 6,298 184,732 SH SOLE 85,501 99,231 JPMORGAN CHASE & CO COM 46625H100 8,126 198,490 SH SOLE 38,817 159,673 KENDLE INTERNATIONAL INC COM 48880L107 9,332 618,860 SH SOLE 356,413 262,447 KENSEY NASH CORP COM 490057106 30,353 1,203,048 SH SOLE 607,460 595,588 MANHATTAN ASSOCS INC COM 562750109 62,997 1,829,178 SH SOLE 1,054,640 774,538 MCDONALDS CORP COM 580135101 485 5,751 SH SOLE 751 5,000 MEASUREMENT SPECIALTIES INC COM 583421102 99,114 2,776,305 SH SOLE 1,383,282 1,393,023 MEDASSETS INC COM 584045108 63,236 4,733,230 SH SOLE 2,633,831 2,099,399 MEDIDATA SOLUTIONS INC COM 58471A105 69,714 2,920,555 SH SOLE 1,738,051 1,182,504 MERIDIAN BIOSCIENCE INC COM 589584101 77,954 3,233,256 SH SOLE 1,910,927 1,322,329 MICROSOFT CORP COM 594918104 279 10,741 SH SOLE 1,934 8,807 MYRIAD GENETICS INC COM 62855J104 2,599 114,442 SH SOLE 56,283 58,159 NEOGEN CORP COM 640491106 102,350 2,263,886 SH SOLE 1,225,814 1,038,072 NETAPP INC COM 64110D104 7,265 137,641 SH SOLE 65,978 71,663 NETSCOUT SYS INC COM 64115T104 64,322 3,079,098 SH SOLE 1,657,888 1,421,210 NIC INC COM 62914B100 84,996 6,314,729 SH SOLE 3,444,037 2,870,692 NUANCE COMMUNICATIONS INC COM 67020Y100 44,552 2,075,099 SH SOLE 1,396,359 678,740 NVR INC COM 62944T105 2,067 2,849 SH SOLE 1,466 1,383 ORACLE CORP COM 68389X105 8,241 250,401 SH SOLE 63,682 186,719 PALL CORP COM 696429307 309 5,500 SH SOLE 5,500 PAREXEL INTL CORP COM 699462107 14,733 625,322 SH SOLE 160,048 465,274 PEPSICO INC COM 713448108 419 5,946 SH SOLE 820 5,126 PETMED EXPRESS INC COM 716382106 24,785 2,091,551 SH SOLE 927,476 1,164,075 PHILIP MORRIS INTL INC COM 718172109 2,097 31,412 SH SOLE 20,868 10,544 PRAXAIR INC COM 74005P104 1,075 9,921 SH SOLE 7,052 2,869 PRICE T ROWE GROUP INC COM 74144T108 12,781 211,818 SH SOLE 57,409 154,409 PROS HOLDINGS INC COM 74346Y103 71,396 4,082,096 SH SOLE 2,090,828 1,991,268 PULTE GROUP INC COM 745867101 545 71,107 SH SOLE 52,509 18,598 QUALITY SYS INC COM 747582104 90,487 1,036,511 SH SOLE 531,192 505,319 QUANTA SVCS INC COM 74762E102 14,172 701,607 SH SOLE 256,656 444,951 ROVI CORP COM 779376102 87,892 1,532,288 SH SOLE 765,110 767,178 SCHLUMBERGER LTD COM 806857108 414 4,787 SH SOLE 2,788 1,999 SIGMA ALDRICH CORP COM 826552101 2,507 34,159 SH SOLE 29,359 4,800 ST JUDE MED INC COM 790849103 7,005 146,915 SH SOLE 75,563 71,352 STAPLES INC COM 855030102 1,989 125,866 SH SOLE 53,562 72,304 STARBUCKS CORP COM 855244109 4,814 121,896 SH SOLE 53,734 68,162 STIFEL FINL CORP COM 860630102 4,363 121,668 SH SOLE 58,014 63,654 STRYKER CORP COM 863667101 1,182 20,141 SH SOLE 16,477 3,664 SYSCO CORP COM 871829107 352 11,285 SH SOLE 1,882 9,403 TARGET CORP COM 87612E106 1,361 29,016 SH SOLE 20,875 8,141 TECHNE CORP COM 878377100 77,957 935,067 SH SOLE 529,551 405,516 TOLL BROTHERS INC COM 889478103 2,218 106,925 SH SOLE 54,971 51,954 TRACTOR SUPPLY CO COM 892356106 14,419 215,598 SH SOLE 64,207 151,391 TYLER TECHNOLOGIES INC COM 902252105 85,552 3,194,628 SH SOLE 1,844,259 1,350,369 UNITED TECHNOLOGIES CORP COM 913017109 1,955 22,092 SH SOLE 17,290 4,802 WAL MART STORES INC COM 931142103 221 4,164 SH SOLE 1,134 3,030 WATERS CORP COM 941848103 5,642 58,938 SH SOLE 36,691 22,247 WESTERN UN CO COM 959802109 4,817 240,510 SH SOLE 112,699 127,811 WHOLE FOODS MKT INC COM 966837106 236 3,712 SH SOLE 150 3,562 WISCONSIN ENERGY CORP COM 976657106 373 11,901 SH SOLE 1,892 10,009 YORK WTR CO COM 987184108 186 11,250 SH SOLE 11,250 KIMBERLY CLARK CORP COM 494368103 209 3,147 SH SOLE 847 2,300 PEETS COFFEE & TEA INC COM 705560100 64,540 1,118,552 SH SOLE 601,517 517,035 SUN HYDRAULICS CORP COM 866942105 79,514 1,663,475 SH SOLE 893,913 769,562 TRIMBLE NAVIGATION LTD COM 896239100 6,125 154,521 SH SOLE 72,004 82,517 DTS INC COM 23335C101 74,167 1,829,023 SH SOLE 960,439 868,584 EXXON MOBIL CORP COM 30231G102 587 7,213 SH SOLE 85 7,128 HITTITE MICROWAVE CORP COM 43365Y104 85,269 1,377,311 SH SOLE 757,149 620,162