0001398344-12-001744.txt : 20120511 0001398344-12-001744.hdr.sgml : 20120511 20120510175251 ACCESSION NUMBER: 0001398344-12-001744 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120511 DATE AS OF CHANGE: 20120510 EFFECTIVENESS DATE: 20120511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Granite Investment Partners, LLC CENTRAL INDEX KEY: 0001542266 IRS NUMBER: 270225271 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14862 FILM NUMBER: 12831621 BUSINESS ADDRESS: STREET 1: 2121 ROSECRANS AVENUE, SUITE 2330 CITY: LOS ANGELES STATE: CA ZIP: 90245 BUSINESS PHONE: 310-933-3199 MAIL ADDRESS: STREET 1: 2121 ROSECRANS AVENUE, SUITE 2330 CITY: LOS ANGELES STATE: CA ZIP: 90245 13F-HR 1 fp0004867_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, 2012 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: Granite Investment Partners, LLC Address: 2121 Rosecrans Avenue, Suite 2330 Los Angeles, CA 90245 Form 13F File Number: 028-14862 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: Geoffrey Edelstein Title: Principal, CCO Phone: 310-933-3199 Signature, Place, and Date of Signing: /s/ Geoffrey Edelstein Los Angeles, CA May 8, 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: 210 ----------- Form 13F Information Table Value Total: $ 439,365 ----------- (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 1,262 14,146 Sole 14,146 ABBOTT LABS COM 002824100 2,519 41,098 Sole 41,098 ACME PACKET INC COM 004764106 1,333 48,455 Sole 48,455 ALLERGAN INC COM 018490102 1,238 12,974 Sole 12,974 ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 359 21,631 Sole 21,631 ALPHA PRO TECH LTD COM 020772109 30 19,455 Sole 19,455 ALTRIA GROUP INC COM 02209S103 509 16,500 Sole 16,500 AMAZON COM INC COM 023135106 8,496 41,953 Sole 41,953 AMERICAN EXPRESS CO COM 025816109 798 13,800 Sole 13,800 AMGEN INC COM 031162100 439 6,460 Sole 6,460 ANADARKO PETE CORP COM 032511107 674 8,600 Sole 8,600 ANCESTRY COM INC COM 032803108 1,813 79,730 Sole 79,730 APACHE CORP COM 037411105 267 2,661 Sole 2,661 APPLE INC COM 037833100 19,069 31,806 Sole 31,806 AQUA AMERICA INC COM 03836W103 309 13,850 Sole 13,850 ARM HLDGS PLC SPONSORED ADR 042068106 2,152 76,064 Sole 76,064 ASPEN TECHNOLOGY INC COM 045327103 594 28,926 Sole 28,926 AUTOBYTEL INC COM 05275N106 34 35,500 Sole 35,500 AUTOMATIC DATA PROCESSING IN COM 053015103 5,355 97,021 Sole 97,021 BACTERIN INTL HLDGS INC COM 05644R101 25 10,400 Sole 10,400 BECTON DICKINSON & CO COM 075887109 3,541 45,600 Sole 45,600 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,650 20,330 Sole 20,330 BLACKROCK INC COM 09247X101 1,257 6,135 Sole 6,135 BORGWARNER INC COM 099724106 9,037 107,155 Sole 107,155 BP PLC SPONSORED ADR 055622104 448 9,966 Sole 9,966 BRAVO BRIO RESTAURANT GROUP COM 10567B109 1,090 54,609 Sole 54,609 BRISTOL MYERS SQUIBB CO COM 110122108 1,877 55,602 Sole 55,602 BROADWIND ENERGY INC COM 11161T108 17 36,980 Sole 36,980 CALGON CARBON CORP COM 129603106 1,401 89,719 Sole 89,719 CAPSTEAD MTG CORP COM NO PAR 14067E506 260 20,933 Sole 20,933 CARBO CERAMICS INC COM 140781105 1,584 15,023 Sole 15,023 CATERPILLAR INC DEL COM 149123101 7,181 67,418 Sole 67,418 CELGENE CORP COM 151020104 3,912 50,464 Sole 50,464 CHART INDS INC COM PAR $0.01 16115Q308 502 6,839 Sole 6,839 CHECK POINT SOFTWARE TECH LT ORD M22465104 6,085 95,313 Sole 95,313 CHEVRON CORP NEW COM 166764100 5,860 54,663 Sole 54,663 CHICAGO BRIDGE & IRON CO N V N Y REGISTRY SH 167250109 287 6,649 Sole 6,649 CISCO SYS INC COM 17275R102 2,913 137,737 Sole 137,737 CITIGROUP INC COM NEW 172967424 548 15,000 Sole 15,000 CITRIX SYS INC COM 177376100 7,010 88,834 Sole 88,834 CITY NATL CORP COM 178566105 522 9,943 Sole 9,943 COCA COLA CO COM 191216100 262 3,544 Sole 3,544 COLGATE PALMOLIVE CO COM 194162103 843 8,625 Sole 8,625 COMSCORE INC COM 20564W105 1,783 83,359 Sole 83,359 CONOCOPHILLIPS COM 20825C104 975 12,828 Sole 12,828 COOPER COS INC COM NEW 216648402 417 5,109 Sole 5,109 CORE LABORATORIES N V COM N22717107 2,030 15,432 Sole 15,432 COSTCO WHSL CORP NEW COM 22160K105 3,217 35,435 Sole 35,435 COVANCE INC COM 222816100 2,079 43,639 Sole 43,639 CUMULUS MEDIA INC CL A 231082108 50 14,200 Sole 14,200 DANAHER CORP DEL COM 235851102 4,377 78,165 Sole 78,165 DEERE & CO COM 244199105 356 4,400 Sole 4,400 DEXCOM INC COM 252131107 1,202 115,239 Sole 115,239 DISNEY WALT CO COM DISNEY 254687106 1,753 40,030 Sole 40,030 DONALDSON INC COM 257651109 2,284 63,918 Sole 63,918 DREAMS INC COM 261983209 35 12,183 Sole 12,183 DRIL-QUIP INC COM 262037104 329 5,066 Sole 5,066 DU PONT E I DE NEMOURS & CO COM 263534109 4,320 81,661 Sole 81,661 DUKE ENERGY CORP NEW COM 26441C105 240 11,400 Sole 11,400 E M C CORP MASS COM 268648102 5,232 175,109 Sole 175,109 ECOLAB INC COM 278865100 8,882 143,910 Sole 143,910 EMERSON ELEC CO COM 291011104 1,542 29,550 Sole 29,550 ENTERPRISE PRODS PARTNERS L COM 293792107 1,375 27,236 Sole 27,236 CHECK POINT SOFTWARE TECH LT ORD M22465104 6,085 95,313 Sole 95,313 EXPEDITORS INTL WASH INC COM 302130109 235 5,042 Sole 5,042 EXXON MOBIL CORP COM 30231G102 5,755 66,353 Sole 66,353 FEDEX CORP COM 31428X106 7,706 83,798 Sole 83,798 FELCOR LODGING TR INC COM 31430F101 39 10,760 Sole 10,760 FIDELITY NATIONAL FINANCIAL CL A 31620R105 177 15,561 Sole 15,561 FINANCIAL ENGINES INC COM 317485100 760 33,969 Sole 33,969 FIRST INTST BANCSYSTEM INC COM CL A 32055Y201 1,731 118,380 Sole 118,380 FIRST REP BK SAN FRANCISCO C COM 33616C100 888 26,958 Sole 26,958 FORD MTR CO DEL COM PAR $0.01 345370860 337 27,000 Sole 27,000 FRESH MKT INC COM 35804H106 856 17,857 Sole 17,857 GALLAGHER ARTHUR J & CO COM 363576109 291 8,147 Sole 8,147 GENERAL ELECTRIC CO COM 369604103 454 22,634 Sole 22,634 GENERAL MLS INC COM 370334104 742 18,820 Sole 18,820 GOOGLE INC CL A 38259P508 9,006 14,044 Sole 14,044 GRACO INC COM 384109104 919 17,316 Sole 17,316 GRAINGER W W INC COM 384802104 6,761 31,473 Sole 31,473 GRAND CANYON ED INC COM 38526M106 690 38,843 Sole 38,843 GREEN DOT CORP CL A 39304D102 1,238 46,685 Sole 46,685 HALLIBURTON CO COM 406216101 1,006 30,300 Sole 30,300 HARMAN INTL INDS INC COM 413086109 264 5,643 Sole 5,643 HAWAIIAN ELEC INDUSTRIES COM 419870100 387 15,277 Sole 15,277 HAYNES INTERNATIONAL INC COM NEW 420877201 616 9,728 Sole 9,728 HESS CORP COM 42809H107 236 4,000 Sole 4,000 HEXCEL CORP NEW COM 428291108 1,331 55,449 Sole 55,449 HOLOGIC INC COM 436440101 402 18,677 Sole 18,677 HOME DEPOT INC COM 437076102 1,033 20,540 Sole 20,540 HOST HOTELS & RESORTS INC COM 44107P104 649 39,519 Sole 39,519 HUB GROUP INC CL A 443320106 1,046 29,029 Sole 29,029 HUBBELL INC CL B 443510201 998 12,700 Sole 12,700 ILLINOIS TOOL WKS INC COM 452308109 633 11,074 Sole 11,074 INSULET CORP COM 45784P101 1,225 64,023 Sole 64,023 INTEL CORP COM 458140100 790 28,107 Sole 28,107 INTERACTIVE INTELLIGENCE GRO COM 45841V109 1,545 50,627 Sole 50,627 INTERNAP NETWORK SVCS CORP COM PAR $.001 45885A300 86 11,635 Sole 11,635 INTERNATIONAL BUSINESS MACHS COM 459200101 5,470 26,217 Sole 26,217 INTERPUBLIC GROUP COS INC COM 460690100 373 32,652 Sole 32,652 INTREPID POTASH INC COM 46121Y102 315 12,958 Sole 12,958 INTUIT COM 461202103 2,907 48,326 Sole 48,326 INTUITIVE SURGICAL INC COM NEW 46120E602 4,014 7,410 Sole 7,410 INVENTURE FOODS INC COM 461212102 52 10,520 Sole 10,520 JACOBS ENGR GROUP INC DEL COM 469814107 3,427 77,231 Sole 77,231 JOHNSON & JOHNSON COM 478160104 6,025 91,347 Sole 91,347 JOHNSON CTLS INC COM 478366107 2,157 66,425 Sole 66,425 JPMORGAN CHASE & CO COM 46625H100 576 12,530 Sole 12,530 K12 INC COM 48273U102 2,435 103,040 Sole 103,040 KAISER ALUMINUM CORP COM PAR $0.01 483007704 438 9,273 Sole 9,273 KANSAS CITY SOUTHERN COM NEW 485170302 428 5,974 Sole 5,974 KELLOGG CO COM 487836108 239 4,450 Sole 4,450 KENNAMETAL INC COM 489170100 3,102 69,652 Sole 69,652 KILROY RLTY CORP COM 49427F108 753 16,145 Sole 16,145 KIRBY CORP COM 497266106 444 6,755 Sole 6,755 LAMAR ADVERTISING CO CL A 512815101 556 17,169 Sole 17,169 LAS VEGAS SANDS CORP COM 517834107 6,632 115,197 Sole 115,197 LASALLE HOTEL PPTYS COM SH BEN INT 517942108 339 12,039 Sole 12,039 LIMITED BRANDS INC COM 532716107 2,554 53,200 Sole 53,200 LINDSAY CORP COM 535555106 370 5,587 Sole 5,587 LIZ CLAIBORNE INC COM 539320101 1,066 79,795 Sole 79,795 LODGENET INTERACTIVE CORP COM 540211109 70 19,896 Sole 19,896 LOGMEIN INC COM 54142L109 1,848 52,446 Sole 52,446 LOWES COS INC COM 548661107 559 17,800 Sole 17,800 MANPOWERGROUP INC COM 56418H100 289 6,094 Sole 6,094 MARATHON OIL CORP COM 565849106 332 10,460 Sole 10,460 MARRIOTT INTL INC NEW CL A 571903202 5,629 148,716 Sole 148,716 MASIMO CORP COM 574795100 1,719 73,519 Sole 73,519 MCDONALDS CORP COM 580135101 616 6,279 Sole 6,279 MEDCO HEALTH SOLUTIONS INC COM 58405U102 264 3,760 Sole 3,760 MERCK & CO INC NEW COM 58933Y105 1,126 29,312 Sole 29,312 MERIDIAN BIOSCIENCE INC COM 589584101 725 37,425 Sole 37,425 MICROSOFT CORP COM 594918104 9,475 293,754 Sole 293,754 MYRIAD GENETICS INC COM 62855J104 427 18,034 Sole 18,034 NAPCO SEC TECHNOLOGIES INC COM 630402105 34 10,900 Sole 10,900 NIKE INC CL B 654106103 7,420 68,423 Sole 68,423 O REILLY AUTOMOTIVE INC NEW COM 67103H107 219 2,400 Sole 2,400 OIL STS INTL INC COM 678026105 315 4,034 Sole 4,034 ORACLE CORP COM 68389X105 6,492 222,624 Sole 222,624 P F CHANGS CHINA BISTRO INC COM 69333Y108 857 21,690 Sole 21,690 PACCAR INC COM 693718108 5,026 107,318 Sole 107,318 PAREXEL INTL CORP COM 699462107 915 33,931 Sole 33,931 PAYCHEX INC COM 704326107 374 12,060 Sole 12,060 PEETS COFFEE & TEA INC COM 705560100 730 9,901 Sole 9,901 PEPSICO INC COM 713448108 7,633 115,040 Sole 115,040 PGT INC COM 69336V101 31 17,300 Sole 17,300 PHILIP MORRIS INTL INC COM 718172109 3,326 37,535 Sole 37,535 PIEDMONT NAT GAS INC COM 720186105 457 14,700 Sole 14,700 PIMCO CA MUNICIPAL INCOME FD COM 72200N106 172 12,108 Sole 12,108 PIMCO INCOME OPPORTUNITY FD COM 72202B100 268 10,161 Sole 10,161 PLUM CREEK TIMBER CO INC COM 729251108 974 23,440 Sole 23,440 PMC-SIERRA INC COM 69344F106 1,503 207,895 Sole 207,895 PRAXAIR INC COM 74005P104 5,889 51,367 Sole 51,367 PRECISION CASTPARTS CORP COM 740189105 8,018 46,376 Sole 46,376 PRICE T ROWE GROUP INC COM 74144T108 3,595 55,050 Sole 55,050 PRICELINE COM INC COM NEW 741503403 6,140 8,557 Sole 8,557 PROCTER & GAMBLE CO COM 742718109 2,132 31,722 Sole 31,722 QUALCOMM INC COM 747525103 9,201 135,195 Sole 135,195 RAYMOND JAMES FINANCIAL INC COM 754730109 310 8,488 Sole 8,488 REACHLOCAL INC COM 75525F104 802 112,542 Sole 112,542 REALD INC COM 75604L105 2,110 156,293 Sole 156,293 RODMAN & RENSHAW CAP GP INC COM 77487R100 23 22,000 Sole 22,000 ROSETTA RESOURCES INC COM 777779307 824 16,899 Sole 16,899 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 779 11,108 Sole 11,108 RYDER SYS INC COM 783549108 274 5,190 Sole 5,190 SAKS INC COM 79377W108 456 39,289 Sole 39,289 SALESFORCE COM INC COM 79466L302 5,419 35,070 Sole 35,070 SAP AG SPON ADR 803054204 489 7,000 Sole 7,000 SCHLUMBERGER LTD COM 806857108 10,189 145,696 Sole 145,696 SELECT COMFORT CORP COM 81616X103 486 15,005 Sole 15,005 SHORETEL INC COM 825211105 884 155,563 Sole 155,563 SIGMA ALDRICH CORP COM 826552101 4,176 57,157 Sole 57,157 SIGNET JEWELERS LIMITED SHS G81276100 701 14,837 Sole 14,837 SILICON LABORATORIES INC COM 826919102 1,197 27,830 Sole 27,830 SKECHERS U S A INC CL A 830566105 233 18,325 Sole 18,325 SMITH A O COM 831865209 277 6,163 Sole 6,163 SOURCEFIRE INC COM 83616T108 844 17,544 Sole 17,544 ST JUDE MED INC COM 790849103 3,031 68,394 Sole 68,394 STEELCASE INC CL A 858155203 515 53,601 Sole 53,601 STRAYER ED INC COM 863236105 1,637 17,361 Sole 17,361 STRYKER CORP COM 863667101 624 11,255 Sole 11,255 SVB FINL GROUP COM 78486Q101 494 7,679 Sole 7,679 SWISHER HYGIENE INC COM 870808102 628 255,156 Sole 255,156 SYSCO CORP COM 871829107 1,107 37,070 Sole 37,070 TEJON RANCH CO COM 879080109 2,291 80,000 Sole 80,000 TENNECO INC COM 880349105 1,032 27,778 Sole 27,778 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 1,814 40,250 Sole 40,250 THERMO FISHER SCIENTIFIC INC COM 883556102 654 11,600 Sole 11,600 TITAN INTL INC ILL COM 88830M102 549 23,201 Sole 23,201 TRANSAMERICA INCOME SHS INC COM 893506105 452 20,735 Sole 20,735 ULTIMATE SOFTWARE GROUP INC COM 90385D107 1,128 15,395 Sole 15,395 UNION PAC CORP COM 907818108 4,430 41,216 Sole 41,216 UNITED PARCEL SERVICE INC CL B 911312106 1,447 17,930 Sole 17,930 UNITED RENTALS INC COM 911363109 1,189 27,723 Sole 27,723 UNITED TECHNOLOGIES CORP COM 913017109 3,417 41,200 Sole 41,200 UROPLASTY INC COM NEW 917277204 32 10,500 Sole 10,500 V F CORP COM 918204108 3,509 24,039 Sole 24,039 VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 2,791 64,200 Sole 64,200 VERIZON COMMUNICATIONS INC COM 92343V104 2,883 75,402 Sole 75,402 VISA INC COM CL A 92826C839 6,802 57,644 Sole 57,644 VOLCANO CORPORATION COM 928645100 1,150 40,517 Sole 40,517 WAL MART STORES INC COM 931142103 249 4,073 Sole 4,073 WALGREEN CO COM 931422109 458 13,685 Sole 13,685 WELLS FARGO & CO NEW COM 949746101 13,329 390,433 Sole 390,433 WESTERN ASSET INCOME FD COM 95766T100 489 33,579 Sole 33,579 WEYERHAEUSER CO COM 962166104 3,403 155,264 Sole 155,264 WILLIAMS PARTNERS L P COM UNIT L P 96950F104 1,019 18,000 Sole 18,000 YUM BRANDS INC COM 988498101 817 11,482 Sole 11,482 ZALE CORP NEW COM 988858106 81 26,161 Sole 26,161 ZEP INC COM 98944B108 1,215 84,403 Sole 84,403