0001398344-12-000573.txt : 20120214 0001398344-12-000573.hdr.sgml : 20120214 20120214152919 ACCESSION NUMBER: 0001398344-12-000573 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 EFFECTIVENESS DATE: 20120214 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: 12608769 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 fp0004254_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: December 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: 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 February 14, 2012 ------------------ ------------- ----------------- [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: 115 ----------- Form 13F Information Table Value Total: $ 3,172,193 ----------- (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 ---------------------------- ------------- --------- ----------- ----------- --- ---- ---------- -------- --------- ------ --------- TEVA PHARMACEUTICAL INDS LTD ADR 881624209 11,711 290,156 SH SOLE 99,958 190,198 BRUKER CORP COM 116794108 15,530 1,250,379 SH SOLE 765,779 484,600 CANTEL MEDICAL CORP COM 138098108 69,333 2,482,372 SH SOLE 1,473,325 1,009,047 CARBO CERAMICS INC COM 140781105 95,600 775,157 SH SOLE 419,463 355,694 CATERPILLAR INC DEL COM 149123101 6,282 69,342 SH SOLE 16,783 52,559 CELGENE CORP COM 151020104 13,913 205,814 SH SOLE 86,311 119,503 CERNER CORP COM 156782104 2,169 35,420 SH SOLE 35,420 COACH INC COM 189754104 2,844 46,600 SH SOLE 28,516 18,084 COGNEX CORP COM 192422103 104,253 2,912,911 SH SOLE 1,691,900 1,221,011 CONCUR TECHNOLOGIES INC COM 206708109 89,030 1,752,897 SH SOLE 940,770 812,127 COVANCE INC COM 222816100 4,828 105,595 SH SOLE 71,411 34,184 DANAHER CORP DEL COM 235851102 275 5,844 SH SOLE 1,000 4,844 DICKS SPORTING GOODS INC COM 253393102 13,294 360,469 SH SOLE 122,062 238,407 DIODES INC COM 254543101 87,565 4,111,005 SH SOLE 2,521,287 1,589,718 DYNAMIC MATLS CORP COM 267888105 43,256 2,186,833 SH SOLE 1,169,608 1,017,225 E M C CORP MASS COM 268648102 8,280 384,391 SH SOLE 93,008 291,383 ECOLAB INC COM 278865100 7,163 123,913 SH SOLE 70,410 53,503 ENERNOC INC COM 292764107 16,123 1,483,217 SH SOLE 406,723 1,076,494 EXPEDITORS INTL WASH INC COM 302130109 4,144 101,168 SH SOLE 56,764 44,404 FLIR SYS INC COM 302445101 65,854 2,626,833 SH SOLE 1,827,405 799,428 FACTSET RESH SYS INC COM 303075105 3,163 36,245 SH SOLE 15,642 20,603 FASTENAL CO COM 311900104 5,014 114,980 SH SOLE 48,074 66,906 FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 2,744 526,663 SH SOLE 287,300 239,363 GRAINGER W W INC COM 384802104 468 2,500 SH SOLE 2,500 GREEN MTN COFFEE ROASTERS IN COM 393122106 20,196 450,312 SH SOLE 227,895 222,417 HUMAN GENOME SCIENCES INC COM 444903108 2,603 352,256 SH SOLE 194,295 157,961 HUNT J B TRANS SVCS INC COM 445658107 3,143 69,740 SH SOLE 33,519 36,221 INTERNATIONAL BUSINESS MACHS COM 459200101 4,250 23,111 SH SOLE 14,426 8,685 KENSEY NASH CORP COM 490057106 22,966 1,196,748 SH SOLE 601,160 595,588 MSC INDL DIRECT INC CL A 553530106 7,016 98,051 SH SOLE 55,212 42,839 MANHATTAN ASSOCS INC COM 562750109 80,222 1,981,775 SH SOLE 1,207,237 774,538 MCDONALDS CORP COM 580135101 515 5,133 SH SOLE 108 5,025 MEASUREMENT SPECIALTIES INC COM 583421102 78,655 2,813,136 SH SOLE 1,420,113 1,393,023 MEDASSETS INC COM 584045108 40,674 4,397,180 SH SOLE 1,240,598 3,156,582 MEDICIS PHARMACEUTICAL CORP CL A NEW 584690309 53,915 1,621,495 SH SOLE 1,030,866 590,629 MERIDIAN BIOSCIENCE INC COM 589584101 59,155 3,139,862 SH SOLE 1,724,872 1,414,990 NEOGEN CORP COM 640491106 82,601 2,695,851 SH SOLE 1,657,779 1,038,072 PALL CORP COM 696429307 314 5,500 SH SOLE 5,500 PAREXEL INTL CORP COM 699462107 13,680 659,575 SH SOLE 194,301 465,274 PEETS COFFEE & TEA INC COM 705560100 71,000 1,132,737 SH SOLE 615,702 517,035 PEPSICO INC COM 713448108 351 5,294 SH SOLE 118 5,176 PETMED EXPRESS INC COM 716382106 13,964 1,345,280 SH SOLE 181,205 1,164,075 PHILIP MORRIS INTL INC COM 718172109 2,355 30,009 SH SOLE 19,534 10,475 PULTE GROUP INC COM 745867101 332 52,567 SH SOLE 36,334 16,233 QUALITY SYS INC COM 747582104 87,496 2,365,383 SH SOLE 1,354,745 1,010,638 ROVI CORP COM 779376102 45,128 1,835,979 SH SOLE 1,004,582 831,397 ST JUDE MED INC COM 790849103 5,470 159,485 SH SOLE 88,133 71,352 SASOL LTD SPONSORED ADR 803866300 17,914 377,938 SH SOLE 143,449 234,489 SCHLUMBERGER LTD COM 806857108 295 4,317 SH SOLE 2,788 1,529 SIGMA ALDRICH CORP COM 826552101 1,577 25,246 SH SOLE 20,446 4,800 STAPLES INC COM 855030102 2,728 196,370 SH SOLE 91,885 104,485 STARBUCKS CORP COM 855244109 5,856 127,282 SH SOLE 59,120 68,162 STIFEL FINL CORP COM 860630102 4,946 154,321 SH SOLE 78,228 76,093 STRYKER CORP COM 863667101 968 19,480 SH SOLE 16,312 3,168 SUN HYDRAULICS CORP COM 866942105 72,569 3,097,262 SH SOLE 1,880,080 1,217,182 SYSCO CORP COM 871829107 288 9,823 SH SOLE 270 9,553 TECHNE CORP COM 878377100 71,414 1,046,199 SH SOLE 640,683 405,516 TOLL BROTHERS INC COM 889478103 3,133 153,449 SH SOLE 82,102 71,347 TRACTOR SUPPLY CO COM 892356106 12,694 180,953 SH SOLE 55,104 125,849 TRIMBLE NAVIGATION LTD COM 896239100 11,846 272,943 SH SOLE 104,712 168,231 TYLER TECHNOLOGIES INC COM 902252105 97,273 3,230,603 SH SOLE 1,880,234 1,350,369 UNITED PARCEL SERVICE INC CL B 911312106 248 3,386 SH SOLE 111 3,275 UNITED TECHNOLOGIES CORP COM 913017109 1,547 21,164 SH SOLE 16,379 4,785 WATERS CORP COM 941848103 4,651 62,806 SH SOLE 40,559 22,247 WESTERN UN CO COM 959802109 4,878 267,168 SH SOLE 139,807 127,361 WISCONSIN ENERGY CORP COM 976657106 365 10,431 SH SOLE 272 10,159 YORK WTR CO COM 987184108 198 11,250 SH SOLE 11,250 AFLAC INC COM 001055102 672 15,532 SH SOLE 11,431 4,101 ABAXIS INC COM 002567105 99,304 3,588,883 SH SOLE 1,970,653 1,618,230 ABBOTT LABS COM 002824100 1,575 28,014 SH SOLE 15,968 12,046 ACCELRYS INC COM 00430U103 50,456 7,508,407 SH SOLE 3,784,796 3,723,611 ACI WORLDWIDE INC COM 004498101 50,232 1,753,918 SH SOLE 932,414 821,504 AKAMAI TECHNOLOGIES INC COM 00971T101 5,130 158,932 SH SOLE 81,661 77,271 ALBANY MOLECULAR RESH INC COM 012423109 3,435 1,172,284 SH SOLE 184,327 987,957 ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 11,625 613,760 SH SOLE 196,003 417,757 AMERICAN SOFTWARE INC CL A 029683109 36,415 3,853,459 SH SOLE 2,263,522 1,589,937 ANSYS INC COM 03662Q105 89,245 1,558,040 SH SOLE 783,594 774,446 APPLE INC COM 037833100 9,460 23,358 SH SOLE 6,660 16,698 AUTOMATIC DATA PROCESSING IN COM 053015103 343 6,355 SH SOLE 160 6,195 BALCHEM CORP COM 057665200 95,193 2,348,135 SH SOLE 1,308,743 1,039,392 BLACKBAUD INC COM 09227Q100 95,194 3,436,584 SH SOLE 2,044,483 1,392,101 CAMERON INTERNATIONAL CORP COM 13342B105 7,130 144,946 SH SOLE 72,687 72,259 CISCO SYS INC COM 17275R102 237 13,095 SH SOLE 13,095 DTS INC COM 23335C101 57,971 2,128,151 SH SOLE 1,218,788 909,363 DIAMOND OFFSHORE DRILLING IN COM 25271C102 4,551 82,364 SH SOLE 33,034 49,330 DOLBY LABORATORIES INC COM 25659T107 46,412 1,521,214 SH SOLE 921,473 599,741 EXXON MOBIL CORP COM 30231G102 599 7,063 SH SOLE 85 6,978 FEI CO COM 30241L109 124,874 3,062,149 SH SOLE 1,683,162 1,378,987 GEN-PROBE INC NEW COM 36866T103 84,000 1,420,842 SH SOLE 905,572 515,270 GOLDMAN SACHS GROUP INC COM 38141G104 966 10,684 SH SOLE 7,976 2,708 GOOGLE INC CL A 38259P508 9,751 15,097 SH SOLE 3,793 11,304 HITTITE MICROWAVE CORP COM 43365Y104 74,406 1,506,798 SH SOLE 845,778 661,020 ICON PUB LTD CO SPONSORED ADR 45103T107 7,763 453,727 SH SOLE 250,142 203,585 INCYTE CORP COM 45337C102 27,482 1,830,915 SH SOLE 711,779 1,119,136 IRIS INTL INC COM 46270W105 29,355 3,139,560 SH SOLE 1,497,565 1,641,995 JPMORGAN CHASE & CO COM 46625H100 6,354 191,088 SH SOLE 30,140 160,948 MEDIDATA SOLUTIONS INC COM 58471A105 78,746 3,620,492 SH SOLE 2,110,251 1,510,241 MYRIAD GENETICS INC COM 62855J104 3,073 146,742 SH SOLE 74,097 72,645 NIC INC COM 62914B100 87,862 6,601,236 SH SOLE 3,730,544 2,870,692 NVR INC COM 62944T105 2,867 4,179 SH SOLE 2,191 1,988 NETAPP INC COM 64110D104 6,700 184,723 SH SOLE 93,357 91,366 NETSCOUT SYS INC COM 64115T104 64,250 3,650,558 SH SOLE 2,229,348 1,421,210 NUANCE COMMUNICATIONS INC COM 67020Y100 57,383 2,280,709 SH SOLE 1,601,969 678,740 ORACLE CORP COM 68389X105 6,295 245,417 SH SOLE 58,698 186,719 PRAXAIR INC COM 74005P104 1,053 9,850 SH SOLE 6,981 2,869 PRICE T ROWE GROUP INC COM 74144T108 14,339 251,773 SH SOLE 81,475 170,298 PROS HOLDINGS INC COM 74346Y103 66,180 4,447,605 SH SOLE 2,456,337 1,991,268 QUANTA SVCS INC COM 74762E102 15,343 712,310 SH SOLE 267,359 444,951 SHIRE PLC SPONSORED ADR 82481R106 9,299 89,504 SH SOLE 49,519 39,985 TARGET CORP COM 87612E106 1,397 27,280 SH SOLE 19,885 7,395 3M CO COM 88579Y101 963 11,785 SH SOLE 9,419 2,366 INVESCO LTD SHS G491BT108 5,748 286,115 SH SOLE 157,625 128,490 NABORS INDUSTRIES LTD SHS G6359F103 11,619 670,063 SH SOLE 260,232 409,831 TRANSOCEAN LTD REG SHS H8817H100 12,460 324,555 SH SOLE 136,507 188,048 TYCO INTERNATIONAL LTD SHS H89128104 12,261 262,494 SH SOLE 144,761 117,733