0001398344-13-002464.txt : 20130515 0001398344-13-002464.hdr.sgml : 20130515 20130515090230 ACCESSION NUMBER: 0001398344-13-002464 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130515 DATE AS OF CHANGE: 20130515 EFFECTIVENESS DATE: 20130515 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: 13843928 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 fp0007226_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: March 31, 2013 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 May 9, 2013 ------------------ ------------- ----------- [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: 131 ----------- Form 13F Information Table Value Total: $ 4,473,584 ----------- (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 ----------------------------- -------------- --------- ---------- ---------- --- ---- ---------- -------- --------- ------ --------- 3M CO COM 88579y101 1,823 17,144 SH Sole 13,613 3,531 ABAXIS INC COM 002567105 141,249 2,984,968 SH Sole 1,737,423 1,247,545 ABBOTT LABS COM 002824100 1,386 39,230 SH Sole 22,444 16,786 ABBVIE INC COM 00287y109 971 23,801 SH Sole 7,720 16,081 ACCELRYS INC COM 00430u103 78,293 8,021,826 SH Sole 4,298,215 3,723,611 ACI WORLDWIDE INC COM 004498101 129,675 2,654,005 SH Sole 1,498,173 1,155,832 THE ADT CORPORATION COM 00101j106 6,274 128,202 SH Sole 74,298 53,904 AKAMAI TECHNOLOGIES INC COM 00971t101 7,748 219,368 SH Sole 122,427 96,941 ALLSCRIPTS HEALTHCARE SOLUTN COM 01988p108 26,468 1,947,629 SH Sole 684,811 1,262,818 AMERICAN SOFTWARE INC CL A 029683109 33,177 3,987,657 SH Sole 2,397,720 1,589,937 ANSYS INC COM 03662q105 152,235 1,869,744 SH Sole 996,954 872,790 APPLE INC COM 037833100 11,076 25,024 SH Sole 7,878 17,146 AUTOMATIC DATA PROCESSING IN COM 053015103 416 6,404 SH Sole 209 6,195 BAKER HUGHES INC COM 057224107 1,030 22,184 SH Sole 19,092 3,092 BALCHEM CORP COM 057665200 120,303 2,737,903 SH Sole 1,578,822 1,159,081 BLACKBAUD INC COM 09227q100 119,675 4,038,980 SH Sole 2,293,297 1,745,683 BORGWARNER INC COM 099724106 3,977 51,421 SH Sole 28,600 22,821 BRUKER CORP COM 116794108 25,874 1,354,653 SH Sole 870,053 484,600 CAMERON INTERNATIONAL CORP COM 13342b105 10,811 165,806 SH Sole 91,839 73,967 CANTEL MEDICAL CORP COM 138098108 113,475 3,774,948 SH Sole 2,276,861 1,498,087 CARBO CERAMICS INC COM 140781105 127,029 1,394,850 SH Sole 796,974 597,876 CARNIVAL CORP PAIRED CTF 143658300 13,578 395,851 SH Sole 178,388 217,463 CATERPILLAR INC DEL COM 149123101 6,494 74,675 SH Sole 22,250 52,425 CELGENE CORP COM 151020104 17,415 150,242 SH Sole 67,771 82,471 CERNER CORP COM 156782104 4,023 42,463 SH Sole 42,463 CISCO SYS INC COM 17275r102 237 11,363 SH Sole 11,363 COACH INC COM 189754104 6,223 124,494 SH Sole 73,352 51,142 COGNEX CORP COM 192422103 131,455 3,118,750 SH Sole 1,809,148 1,309,602 CONCUR TECHNOLOGIES INC COM 206708109 117,005 1,704,117 SH Sole 933,669 770,448 COVANCE INC COM 222816100 18,051 242,880 SH Sole 124,583 118,297 DANAHER CORP DEL COM 235851102 259 4,160 SH Sole 4,160 DIAMOND OFFSHORE DRILLING IN COM 25271c102 3,583 51,512 SH Sole 28,474 23,038 DICKS SPORTING GOODS INC COM 253393102 17,531 370,638 SH Sole 130,112 240,526 DIODES INC COM 254543101 85,530 4,076,719 SH Sole 2,390,677 1,686,042 DOLBY LABORATORIES INC COM 25659t107 50,693 1,510,531 SH Sole 910,790 599,741 DTS INC COM 23335C101 33,823 2,033,827 SH Sole 1,124,464 909,363 DYNAMIC MATLS CORP COM 267888105 39,321 2,259,842 SH Sole 1,242,617 1,017,225 ECOLAB INC COM 278865100 9,974 124,389 SH Sole 68,111 56,278 ELIZABETH ARDEN INC COM 28660g106 4,486 111,441 SH Sole 62,440 49,001 E M C CORP MASS COM 268648102 7,899 330,632 SH Sole 90,809 239,823 ENERNOC INC COM 292764107 26,766 1,540,957 SH Sole 464,463 1,076,494 EXPEDITORS INTL WASH INC COM 302130109 3,951 110,577 SH Sole 67,925 42,652 EXXON MOBIL CORP COM 30231g102 514 5,703 SH Sole 85 5,618 FACTSET RESH SYS INC COM 303075105 4,595 49,627 SH Sole 27,023 22,604 FASTENAL CO COM 311900104 239 4,654 SH Sole 4,654 FEI CO COM 30241l109 173,821 2,692,806 SH Sole 1,552,463 1,140,343 FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 2,282 516,295 SH Sole 297,108 219,187 FLIR SYS INC COM 302445101 35,724 1,373,459 SH Sole 1,140,503 232,956 FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 290 2,551 SH Sole 2,551 FRANKLIN RES INC COM 354613101 1,040 6,899 SH Sole 6,353 546 GENERAL CABLE CORP DEL NEW COM 369300108 4,783 130,578 SH Sole 72,936 57,642 GENERAL ELECTRIC CO COM 369604103 2,450 105,954 SH Sole 63,093 42,861 GEOSPACE TECHNOLOGIES CORP COM 37364X109 104,479 968,118 SH Sole 545,203 422,915 GILEAD SCIENCES INC COM 375558103 5,000 102,190 SH Sole 29,366 72,824 GOOGLE INC CL A 38259p508 11,473 14,449 SH Sole 3,420 11,029 GUESS INC COM 401617105 3,234 130,241 SH Sole 72,257 57,984 HITTITE MICROWAVE CORP COM 43365y104 119,742 1,977,249 SH Sole 1,148,794 828,455 HOME DEPOT INC COM 437076102 546 7,819 SH Sole 225 7,594 HUNT J B TRANS SVCS INC COM 445658107 6,457 86,694 SH Sole 46,850 39,844 ICON PLC SHS g4705a100 14,299 442,827 SH Sole 256,403 186,424 ILLINOIS TOOL WKS INC COM 452308109 281 4,609 SH Sole 195 4,414 INCYTE CORP COM 45337C102 95,723 4,088,994 SH Sole 2,631,803 1,457,191 INTERNATIONAL BUSINESS MACHS COM 459200101 1,252 5,871 SH Sole 2,988 2,883 INVESCO LTD SHS g491bt108 8,329 287,595 SH Sole 169,936 117,659 JPMORGAN CHASE & CO COM 46625h100 1,080 22,753 SH Sole 15,770 6,983 JOHNSON & JOHNSON COM 478160104 219 2,687 SH Sole 2,687 KIMBERLY CLARK CORP COM 494368103 250 2,550 SH Sole 160 2,390 LULULEMON ATHLETICA INC COM 550021109 4,955 79,478 SH Sole 44,511 34,967 MANHATTAN ASSOCS INC COM 562750109 147,499 1,985,455 SH Sole 1,234,667 750,788 MASTERCARD INC CL A 57636q104 1,225 2,263 SH Sole 1,884 379 MCDONALDS CORP COM 580135101 1,993 19,991 SH Sole 13,776 6,215 MEASUREMENT SPECIALTIES INC COM 583421102 108,990 2,740,498 SH Sole 1,431,317 1,309,181 MEDASSETS INC COM 584045108 87,388 4,539,653 SH Sole 1,665,753 2,873,900 MEDIDATA SOLUTIONS INC COM 58471a105 181,123 3,123,896 SH Sole 1,874,978 1,248,918 MERIDIAN BIOSCIENCE INC COM 589584101 96,067 4,210,707 SH Sole 2,432,211 1,778,496 MICHAEL KORS HLDGS LTD SHS G60754101 9,365 164,910 SH Sole 68,899 96,011 MICROSOFT CORP COM 594918104 218 7,604 SH Sole 364 7,240 MONSANTO CO NEW COM 61166w101 4,168 39,456 SH Sole 11,523 27,933 MONSTER BEVERAGE CORP COM 611740101 2,412 50,526 SH Sole 28,054 22,472 MSC INDL DIRECT INC CL A 553530106 8,338 97,207 SH Sole 61,177 36,030 MYRIAD GENETICS INC COM 62855j104 3,913 154,007 SH Sole 89,259 64,748 NABORS INDUSTRIES LTD SHS g6359f103 15,755 971,308 SH Sole 403,572 567,736 NEOGEN CORP COM 640491106 149,236 3,010,614 SH Sole 1,759,692 1,250,922 NETAPP INC COM 64110d104 9,393 274,977 SH Sole 153,367 121,610 NETSCOUT SYS INC COM 64115t104 125,504 5,107,999 SH Sole 2,945,051 2,162,948 NIC INC COM 62914b100 154,663 8,072,206 SH Sole 4,775,856 3,296,350 NUANCE COMMUNICATIONS INC COM 67020y100 74,118 3,672,837 SH Sole 2,465,998 1,206,839 NVR INC COM 62944t105 5,653 5,234 SH Sole 2,986 2,248 ORACLE CORP COM 68389X105 2,537 78,474 SH Sole 57,265 21,209 PALL CORP COM 696429307 376 5,500 SH Sole 5,500 PAREXEL INTL CORP COM 699462107 9,694 245,166 SH Sole 137,217 107,949 PEPSICO INC COM 713448108 612 7,730 SH Sole 154 7,576 PHILIP MORRIS INTL INC COM 718172109 584 6,299 SH Sole 6,299 PRAXAIR INC COM 74005P104 1,832 16,429 SH Sole 13,003 3,426 PROCTER & GAMBLE CO COM 742718109 495 6,419 SH Sole 232 6,187 PROS HOLDINGS INC COM 74346y103 123,043 4,528,651 SH Sole 2,532,551 1,996,100 PULTE GROUP INC COM 745867101 14,096 696,452 SH Sole 208,922 487,530 QUALCOMM INC COM 747525103 5,633 84,144 SH Sole 29,844 54,300 QUALITY SYS INC COM 747582104 84,899 4,646,883 SH Sole 2,682,251 1,964,632 QUANTA SVCS INC COM 74762e102 20,270 709,229 SH Sole 289,987 419,242 QUIDEL CORP COM 74838j101 43,349 1,825,210 SH Sole 1,159,791 665,419 ROVI CORP COM 779376102 28,662 1,338,740 SH Sole 499,778 838,962 SASOL LTD SPONSORED ADR 803866300 21,505 484,999 SH Sole 193,174 291,825 SHIRE PLC SPONSORED ADR 82481r106 13,047 142,809 SH Sole 67,828 74,981 SIGMA ALDRICH CORP COM 826552101 3,325 42,820 SH Sole 38,020 4,800 STARBUCKS CORP COM 855244109 564 9,906 SH Sole 6,635 3,271 STERICYCLE INC COM 858912108 2,777 26,150 SH Sole 15,429 10,721 STIFEL FINL CORP COM 860630102 8,203 236,602 SH Sole 131,767 104,835 STRYKER CORP COM 863667101 1,430 21,918 SH Sole 17,677 4,241 SUN HYDRAULICS CORP COM 866942105 112,841 3,470,975 SH Sole 2,103,850 1,367,125 SYSCO CORP COM 871829107 351 9,969 SH Sole 416 9,553 PRICE T ROWE GROUP INC COM 74144t108 19,953 266,498 SH Sole 100,903 165,595 TARGET CORP COM 87612e106 1,644 24,020 SH Sole 17,047 6,973 TECHNE CORP COM 878377100 122,102 1,799,586 SH Sole 1,065,508 734,078 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 12,117 305,356 SH Sole 114,350 191,006 TOLL BROTHERS INC COM 889478103 6,158 179,836 SH Sole 105,293 74,543 TRACTOR SUPPLY CO COM 892356106 17,121 164,416 SH Sole 64,868 99,548 TRANSOCEAN LTD REG SHS h8817h100 16,404 315,713 SH Sole 136,051 179,662 TRIMBLE NAVIGATION LTD COM 896239100 13,126 438,126 SH Sole 169,376 268,750 TYCO INTERNATIONAL LTD SHS H89128104 8,205 256,406 SH Sole 148,597 107,809 TYLER TECHNOLOGIES INC COM 902252105 166,860 2,723,805 SH Sole 1,593,996 1,129,809 UNITED PARCEL SERVICE INC CL B 911312106 466 5,425 SH Sole 145 5,280 UNITED TECHNOLOGIES CORP COM 913017109 1,615 17,285 SH Sole 13,452 3,833 VERIZON COMMUNICATIONS INC COM 92343v104 201 4,086 SH Sole 4,086 VISA INC COM CL A 92826c839 7,939 46,742 SH Sole 12,353 34,389 VOCERA COMMUNICATIONS INC COM 92857f107 68,470 2,976,969 SH Sole 1,793,928 1,183,041 WAL-MART STORES INC COM 931142103 235 3,141 SH Sole 294 2,847 WATERS CORP COM 941848103 8,278 88,148 SH Sole 64,050 24,098 WISCONSIN ENERGY CORP COM 976657106 451 10,515 SH Sole 356 10,159 GRAINGER W W INC COM 384802104 562 2,500 SH Sole 2,500 YORK WTR CO COM 987184108 212 11,250 SH Sole 11,250