0001026710-11-000006.txt : 20110707 0001026710-11-000006.hdr.sgml : 20110707 20110707133820 ACCESSION NUMBER: 0001026710-11-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110707 DATE AS OF CHANGE: 20110707 EFFECTIVENESS DATE: 20110707 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRANAHAN INVESTMENT MANAGEMENT INC/MA CENTRAL INDEX KEY: 0001026710 IRS NUMBER: 042856200 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05876 FILM NUMBER: 11955748 BUSINESS ADDRESS: STREET 1: 275 WYMAN STREET STREET 2: SUITE 270 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 7818904412 MAIL ADDRESS: STREET 1: 275 WYMAN ST STREET 2: STE 270 CITY: WALTHAM STATE: MA ZIP: 02451 13F-HR 1 gim13f1106.txt GRANAHAN INVESTMENT MGT. 13F FILING Q2, 2011 FORM 13F INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO SECTION 13 (f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER Securities and Exchange Commission Washington, D.C. 20524 Report of the Calendar Quarter Ending June 30, 2011 If amended report check here: Name of Institutional Investment Manager: Granahan Investment Management, Inc. S.E.C. File Number 28-5876 Business Address: 275 Wyman Street Suite 270 Waltham MA 02451 Street Suite Number City State Zip Name, Phone no. and Title of Person Duly Authorized to Submit this Report: Jane M. White, President and CEO (781)890-4412 ATTENTION - Intentional misstatements or omissions of facts constitute Federal Criminal Violations. Sec 18 U.S.C. 1991 and 15 U.S.C. 78 ff(a). The institutional investment manager submitting this Form and its attachments and the person by whom it is signed represent hereby that all information contained therein is true, correct and complete. It is understood that all required items, statements and schedules are considered integral parts of this Form and that the submission of any amendment represents that all unamended items, statements and schedules remain true, correct and complete as previously submitted. Pursuant to the requirements of Securities Exchange Act of 1934, the undersigned institutional investment manager has caused this report to be signed on its behalf in the City of Waltham and State of Massachusetts on the 7th day of July, 2011. Granahan Investment Management, Inc. Name of Institutional Investment Mgr. By: Jane M. White President and CEO FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AARON'S INC. COM 002535300 42211 1493655 SH SOLE 1493655 ABM INDUSTRIES COM 000957100 19718 844822 SH SOLE 844822 ACCRETIVE HEALTH COM 00438V103 597 20740 SH SOLE 20740 ACME PACKET COM 004764106 12251 174686 SH SOLE 174686 ADVANCED ANALOGIC COM 00752J108 606 100000 SH SOLE 100000 ADVISORY BOARD COM 00762W107 18507 319746 SH SOLE 319746 AKORN COM 009728106 5103 728950 SH SOLE 728950 ALIGN TECHNOLOGY COM 016255101 18942 830800 SH SOLE 830800 ALKERMES COM 01642T108 42467 2283150 SH SOLE 2283150 ALLOT COMMUNICATIONS COM M0854Q105 3715 203120 SH SOLE 203120 AMERICAN PUBLIC EDUCATION INC COM 02913V103 10936 245700 SH SOLE 245700 ANGIO DYNAMICS COM 03475V101 6233 438010 SH SOLE 438010 APTARGROUP COM 038336103 14447 276020 SH SOLE 276020 ARCH CHEMICAL COM 03937R102 11859 344339 SH SOLE 344339 ARIBA COM 04033V203 16802 487434 SH SOLE 487434 ATWOOD OCEANICS COM 050095108 10388 235396 SH SOLE 235396 AUTHENTEC COM 052660107 3695 1338620 SH SOLE 1338620 AVIAT NETWORKS INC COM 05366Y102 6755 1714470 SH SOLE 1714470 AXCELIS TECHNOLOGIES COM 054540109 254 155100 SH SOLE 155100 BASIC INDUSTRIES COM 06985P100 9070 288200 SH SOLE 288200 BEACON ROOFING SUPPLY COM 073685109 14879 652000 SH SOLE 652000 BEBE STORES COM 075571109 8664 1417960 SH SOLE 1417960 BIOCLINICA COM 09071B100 150 30040 SH SOLE 30040 BIOMARIN PHARMACEUTICALS COM 09061G101 29991 1102200 SH SOLE 1102200 BIORAD LABS COM 090572207 43938 368110 SH SOLE 368110 BJ'S RESTAURANTS COM 09180C106 9634 184000 SH SOLE 184000 BLACK BOX COPR COM 091826107 23778 760400 SH SOLE 760400 BLUE COAT SYSTEMS COM 09534T508 874 40000 SH SOLE 40000 BOSTON BEER COMPANY COM 100557107 10304 115000 SH SOLE 115000 BOSTON PRIVATE FINANCIAL HOLDI COM 101119105 1842 279990 SH SOLE 279990 BRIGHAM EXPLORATION COM 109178103 4192 140050 SH SOLE 140050 BRUKER BIOSCIENCES COM 116794108 33077 1624600 SH SOLE 1624600 BUFFALO WILD WINGS COM 119848109 27466 414200 SH SOLE 414200 CABOT OIL AND GAS COM 127097103 9529 143700 SH SOLE 143700 CACI INT'L COM 127190304 27080 429300 SH SOLE 429300 CADENCE DESIGN COM 127387108 34225 3241000 SH SOLE 3241000 CALAVO GROWERS COM 128246105 4994 237150 SH SOLE 237150 CAPELLA EDUCATION COM 139594105 7458 178200 SH SOLE 178200 CARBO CERAMICS COM 140781105 11072 67949 SH SOLE 67949 CARDTRONICS COM 14161H108 7455 317900 SH SOLE 317900 CASH AMERICA COM 14754D100 60798 1050603 SH SOLE 1050603 CECO ENVIRONMENTAL COM 125141101 4564 675517 SH SOLE 675517 CELADON GROUP COM 150838100 1117 80000 SH SOLE 80000 CERAGON NETWORKS COM M22013102 1248 105000 SH SOLE 105000 CEVA COM 157210105 5491 180280 SH SOLE 180280 CF INDUSTRIES HOLDINGS COM 125269100 20471 144500 SH SOLE 144500 CHICOS FAS COM 168615102 8260 542350 SH SOLE 542350 CINEMARK HOLDINGS COM 17243V102 39401 1902500 SH SOLE 1902500 CITIZENS REPUBLIC BANCORP COM 174420109 79 114280 SH SOLE 114280 CLEAN ENERGY FUELS CORP COM 184499101 20321 1545300 SH SOLE 1545300 CLEARWIRE COM 18538Q105 13547 3583960 SH SOLE 3583960 CLICKSOFTWARE TECHNOLOGIES COM M25082104 2915 295000 SH SOLE 295000 COIN STAR COM 19259P300 29400 539050 SH SOLE 539050 COMFORT SYSTEMS COM 199908104 3557 335210 SH SOLE 335210 CONCEPTUS COM 206016107 3979 340950 SH SOLE 340950 CONSTANT CONTACT COM 210313102 20548 809600 SH SOLE 809600 COST PLUS COM 221485105 1250 124980 SH SOLE 124980 COVENTRY HEALTHCARE COM 222862104 45205 1239500 SH SOLE 1239500 CPX PRODUCTION COM 20453E109 22953 688040 SH SOLE 688040 CROCS INC COM 227046109 14643 568650 SH SOLE 568650 CUBIST PHARMA COM 229678107 45214 1256300 SH SOLE 1256300 CUTERA COM 232109108 1620 189890 SH SOLE 189890 CYMER COM 232572107 16329 329810 SH SOLE 329810 CYNOSURE COM 232577205 1729 142920 SH SOLE 142920 DEALERTRACK HOLDINGS COM 242309102 9754 425000 SH SOLE 425000 DENTSPLY COM 249030107 30167 792200 SH SOLE 792200 DIAMOND FOODS COM 252603105 9924 130000 SH SOLE 130000 DIGITAL GLOBE COM 25389M877 16568 652040 SH SOLE 652040 DOUGLAS DYNAMICS COM 25960R105 5090 322350 SH SOLE 322350 DREAMWORKS ANIMATION COM 26153C103 7989 397450 SH SOLE 397450 DURECT CORP COM 266605104 4228 2082870 SH SOLE 2082870 DUSA PHARMACEUTICALS COM 266898105 5840 938930 SH SOLE 938930 DYNAMICS RESEARCH CORPORATION COM 268057106 183 13450 SH SOLE 13450 EDWARDS LIFESCIENCES COM 28176E108 28700 329200 SH SOLE 329200 ELAN CORP PLC COM 284131208 21019 1848673 SH SOLE 1848673 ELECTRO RENT COM 285218103 2841 165960 SH SOLE 165960 ENERGY XXI COM G10082140 16474 495900 SH SOLE 495900 ENTROPIC COMMUNICATIONS COM 29384R105 23047 2592500 SH SOLE 2592500 EURONET COM 298736109 25250 1638540 SH SOLE 1638540 EXPONENT COM 30214U102 11607 266770 SH SOLE 266770 FACTSET RESH SYSTEMS COM 303075105 28885 282300 SH SOLE 282300 FEI COMPANY COM 30241L109 25906 678350 SH SOLE 678350 FIRST COMMONWEATLH FINANCIAL COM 319829107 1504 262030 SH SOLE 262030 FIRSTSERVICE CORP COM 33761N109 4777 138310 SH SOLE 138310 FLOW INTL COM 343468104 5671 1592888 SH SOLE 1592888 FOOT LOCKER COM 344849104 4576 192600 SH SOLE 192600 FURMANITE CORP COM 361086101 3716 468045 SH SOLE 468045 GAMESTOP CORP COM 36467W109 29025 1088285 SH SOLE 1088285 GARDNER DENVER COM 365558105 14721 175150 SH SOLE 175150 GENESEE & WYOMING COM 371559105 35363 603060 SH SOLE 603060 GENMARK DIAGNOSTICS COM 372309104 88 15000 SH SOLE 15000 GEOEYE COM 37250W108 24331 650570 SH SOLE 650570 GREEN MOUNTAIN COFFEE ROASTERS COM 393122106 16870 189000 SH SOLE 189000 HARRIS & HARRIS COM 413833104 3707 722639 SH SOLE 722639 HARVARD BIOSCIENCE COM 416906105 3459 648900 SH SOLE 648900 HEALTHCARE SVCS COM 421906108 4912 302305 SH SOLE 302305 HEARTLAND EXPR COM 422347104 3411 205970 SH SOLE 205970 HENRY SCHEIN COM 806407102 34292 479000 SH SOLE 479000 HOME BANKCSHARES COM 436893200 2022 85540 SH SOLE 85540 ICON PLC COM 45103T107 17129 727050 SH SOLE 727050 IMMUNOGEN COM 45253H101 14370 1178840 SH SOLE 1178840 INTERSIL COM 46069S109 2127 165495 SH SOLE 165495 INVACARE COM 461203101 20336 612708 SH SOLE 612708 ISIS PHARMACEUTICALS COM 464330109 13540 1478199 SH SOLE 1478199 ITT EDUCATIONAL SERVICES COM 45068B109 6259 80000 SH SOLE 80000 JACK IN THE BOX COM 466367109 581 25500 SH SOLE 25500 JEFFERIES GROUP COM 472319102 20599 1009763 SH SOLE 1009763 JETBLUE AIRWAYS COM 477143101 799 131000 SH SOLE 131000 JOS A BANKS CLOTHIERS COM 480838101 9852 197000 SH SOLE 197000 KAMAN CORP COM 483548103 6287 177260 SH SOLE 177260 KENNAMETAL COM 489170100 25094 594500 SH SOLE 594500 KEY ENERGY SVCS COM 492914106 31928 1773800 SH SOLE 1773800 KNIGHT TRANS COM 499064103 14779 869880 SH SOLE 869880 KORN FERRY COM 500643200 7872 358000 SH SOLE 358000 LEMAITRE VASCULAR COM 525558201 2834 400856 SH SOLE 400856 LITTELFUSE COM 537008104 37764 643120 SH SOLE 643120 LULULEMON ATHLETICA COM 550021109 8946 80000 SH SOLE 80000 LUMBER LIQUIDATORS COM 55003T107 2570 101200 SH SOLE 101200 LUMINEX CORP COM 55027E102 19885 951440 SH SOLE 951440 MAGMA DESIGN AUTOMATION COM 559181102 2389 299000 SH SOLE 299000 MARINEMAX INC COM 567908108 2722 310710 SH SOLE 310710 MCCORMICK & SCHMICKS COM 579793100 902 105000 SH SOLE 105000 MELLANOX TECHNOLOGIES COM M51363113 1609 53960 SH SOLE 53960 MERITOR INC COM 59001K100 4514 281450 SH SOLE 281450 METTLER TOLEDO COM 592688105 25233 149600 SH SOLE 149600 MHI HOSPITALITY COM 55302L102 1196 409690 SH SOLE 409690 MICROSEMI COM 595137100 17733 865000 SH SOLE 865000 MITCHAM INDUSTRIES COM 606501104 4503 260293 SH SOLE 260293 MKS INSTRUMENTS COM 55306N104 35778 1354200 SH SOLE 1354200 MODINE MANUFACTURING COM 607828100 5584 363330 SH SOLE 363330 MONOLITHIC POWER COM 609839105 4087 265020 SH SOLE 265020 MONRO MUFFLER COM 610236101 3984 106837 SH SOLE 106837 MORTON'S RESTAURANT GROUP COM 619430101 2285 315120 SH SOLE 315120 MWI VETERINARY SUPPLY COM 55402X105 16783 207783 SH SOLE 207783 NANOMETRICS COM 630077105 2758 145250 SH SOLE 145250 NAPCO SECURITY TECHNOLOGIES COM 630402105 1078 362864 SH SOLE 362864 NEKTAR COM 640268108 20806 2861900 SH SOLE 2861900 NETLOGIC SYSTEMS COM 64118B100 41248 1020480 SH SOLE 1020480 NETSPEND HOLDINGS COM 64118V106 1745 174500 SH SOLE 174500 NEWPARK RESOURCES COM 651718504 9787 1079050 SH SOLE 1079050 NORTHWEST BANCSHARES COM 667340103 10799 858400 SH SOLE 858400 NOVA MEASURING INSTRUMENTS COM M7516K103 1881 185870 SH SOLE 185870 NUPATHE INC COM 67059M100 1893 258230 SH SOLE 258230 O'REILLY AUTO COM 67103H107 29343 447911 SH SOLE 447911 OCEANEERING INTERNATIONAL COM 675232102 10536 260160 SH SOLE 260160 OCLARO COM 67555N206 5315 790978 SH SOLE 790978 OM GROUP COM 670872100 15846 389912 SH SOLE 389912 ONYX PHARMACEUTICALS COM 683399109 27322 774000 SH SOLE 774000 OSI SYSTEMS COM 671044105 5135 119410 SH SOLE 119410 PAIN THERAPEUTICS COM 69562K100 50 12950 SH SOLE 12950 PALOMAR MEDICAL COM 697529303 1628 144340 SH SOLE 144340 PARAMETRIC TECH COM 699173209 40608 1770970 SH SOLE 1770970 PAREXEL INTERNATIONAL COM 699462107 25758 1093290 SH SOLE 1093290 PDI INC COM 69329V100 2170 306060 SH SOLE 306060 PEET'S COFFEE & TEA COM 705560100 7882 136601 SH SOLE 136601 PERFICIENT COM 71375U101 2173 211800 SH SOLE 211800 PERICOM SEMICONDUCTOR COM 713831105 2681 299856 SH SOLE 299856 PHARMA PRODUCT DEV COM 717124101 23366 870550 SH SOLE 870550 PIER 1 COM 720279108 20134 1740202 SH SOLE 1740202 PILOT GOLD COM 72154R103 1557 682421 SH SOLE 682421 PMC SIERRA COM 69344F106 7197 950750 SH SOLE 950750 POLYCOM COM 73172K104 30002 466591 SH SOLE 466591 POWER INTEGRATIONS COM 739276103 22520 586000 SH SOLE 586000 PRICESMART COM 741511109 49420 964671 SH SOLE 964671 PROGRESS SFTWR COM 743312100 25890 1072950 SH SOLE 1072950 PROS HOLDING COM 74346Y103 1924 110000 SH SOLE 110000 QC HOLDINGS COM 74729T101 3285 821295 SH SOLE 821295 QIAGEN NV COM N72482107 22141 1164100 SH SOLE 1164100 QLT INC COM 746927102 5773 800687 SH SOLE 800687 QUAKER CHEMICAL CORP COM 747316107 3835 89170 SH SOLE 89170 QUESTCOR PHARMACEUTICALS COM 74835Y101 5396 223900 SH SOLE 223900 RADIANT SYSTEMS COM 75025N102 4727 226180 SH SOLE 226180 RADWARE COM M81873107 4795 137630 SH SOLE 137630 RBC BEARINGS COM 75524B104 31081 823114 SH SOLE 823114 RED HAT INC COM 756577102 20136 438700 SH SOLE 438700 REGENERON COM 75886F107 60413 1065300 SH SOLE 1065300 RIVERBED TECHNOLOGY COM 768573107 27044 683100 SH SOLE 683100 ROBERT HALF INTERNATIONAL COM 770323103 4190 155000 SH SOLE 155000 ROVI COM 779376102 15166 264400 SH SOLE 264400 RPC INC COM 749660106 15371 626350 SH SOLE 626350 RUDOLPH TECH COM 781270103 1017 95000 SH SOLE 95000 RUSH ENTERPRISES COM 781846209 12279 645250 SH SOLE 645250 SAFEGUARD SCIENTIFICS COM 786449207 7275 385331 SH SOLE 385331 SALESFORCE.COM COM 79466L302 13921 93440 SH SOLE 93440 SANDRIDGE ENERGY COM 80007P307 6503 610032 SH SOLE 610032 SANTARUS COM 802817304 115 34250 SH SOLE 34250 SAPIENT COM 803062108 20452 1360750 SH SOLE 1360750 SCHWEITZER MAUDUIT INT'L COM 808541106 4913 87500 SH SOLE 87500 SEATTLE GENETICS COM 812578102 19840 966854 SH SOLE 966854 SENSIENT TECH COM 81725T100 34727 936795 SH SOLE 936795 SEQUENOM COM 817337405 272 36081 SH SOLE 36081 SHORETEL INC COM 825211105 3632 356100 SH SOLE 356100 SIGNET JEWELERS LTD COM G81276100 4026 86000 SH SOLE 86000 SILICON LABORATORIES INC COM 826919102 18122 439220 SH SOLE 439220 SM ENERGY COM 78454L100 11417 155375 SH SOLE 155375 SODASTREAM INTERNATIONAL COM M9068E105 15203 250000 SH SOLE 250000 SOLTA MEDICAL COM 83438K103 1660 601400 SH SOLE 601400 SOURCEFIRE COM 83616T108 15660 526926 SH SOLE 526926 SPECTRUM PHARMACEUTICALS COM 84763A108 2322 250610 SH SOLE 250610 STEINER LEISURE LTD COM P8744Y102 20161 441350 SH SOLE 441350 STEVEN MADDEN COM 556269108 27491 732900 SH SOLE 732900 STRAYER EDUCATION COM 863236105 4550 36000 SH SOLE 36000 SUCAMPO PHARMACEUTICALS COM 864909106 3182 776170 SH SOLE 776170 SUCCESS FACTORS COM 864596101 18472 628300 SH SOLE 628300 SUPER MICRO COMPUTER COM 86800U104 5759 357950 SH SOLE 357950 SYNERGETICS COM 87160G107 107 19350 SH SOLE 19350 SYNERON MEDICAL LTD COM M87245102 1537 126720 SH SOLE 126720 SciClone PHARMA COM 80862K104 4045 669784 SH SOLE 669784 TCB FINANCIAL CAPITAL COM 872275102 14795 1072100 SH SOLE 1072100 TEMPUR-PEDIC COM 88023U101 8138 120000 SH SOLE 120000 TENNANT CO COM 880345103 5047 126400 SH SOLE 126400 TERADYNE COM 880770102 34800 2351380 SH SOLE 2351380 TESCO COM 88157K101 19582 1008872 SH SOLE 1008872 THE FRESH MARKET COM 35804H106 30648 792350 SH SOLE 792350 TIFFANY COM 886547108 4083 52000 SH SOLE 52000 TITAN MACHINERY COM 88830R101 1838 63850 SH SOLE 63850 TIVO INC COM 888706108 13575 1319220 SH SOLE 1319220 TRAVELZOO COM 89421Q106 15685 242650 SH SOLE 242650 TRIANGLE PETROLEUM COM 89600B201 646 99950 SH SOLE 99950 TRIMBLE NAV COM 896239100 14145 356840 SH SOLE 356840 TRIUMPH GROUP, INC COM 896818101 24377 244800 SH SOLE 244800 TRUE RELIGION COM 89784n104 1163 40000 SH SOLE 40000 TRUEBLUE COM 89785X101 18307 1264289 SH SOLE 1264289 UNITED STATIONERS COM 913004107 29527 833400 SH SOLE 833400 VALLEY NATIONAL BANCORP COM 919794107 8206 602910 SH SOLE 602910 VARIAN SEMICONDUCTOR COM 922207105 16103 262100 SH SOLE 262100 VASCULAR SOLUTIONS COM 92231M109 3439 277367 SH SOLE 277367 VERIFONE SYSTEMS INC COM 92342Y109 38243 862310 SH SOLE 862310 VIRTUSA CORP COM 92827P102 1393 73510 SH SOLE 73510 VISTAPRINT COM N93540107 23710 495500 SH SOLE 495500 VIVUS COM 928551100 2905 356930 SH SOLE 356930 WADDELL AND REED FINANCIAL COM 930059100 7870 216500 SH SOLE 216500 WATSCO COM 942622200 16333 240230 SH SOLE 240230 WEB MD HEALTH CORP COM 94770V102 37409 820741 SH SOLE 820741 WEBSTER FINANCIAL COM 947890109 4389 208800 SH SOLE 208800 WEST PHARMA SVCS COM 955306105 35815 818450 SH SOLE 818450 WMS INDUSTRIES COM 929297109 15238 496044 SH SOLE 496044 XENOPORT INC COM 98411C100 862 121100 SH SOLE 121100 Report Summary: Number of Other Included Managers: None Table Entry Total: 238 Table Value $3,209 Million