0001026710-11-000008.txt : 20111031 0001026710-11-000008.hdr.sgml : 20111031 20111031120641 ACCESSION NUMBER: 0001026710-11-000008 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111031 DATE AS OF CHANGE: 20111031 EFFECTIVENESS DATE: 20111031 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: 111167186 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 gim13f1109.txt FORM 13F FOR Q3'11 FROM GRANAHAN INVESTMENT MGT. 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 September 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 31st day of October, 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. 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SH SOLE 156650 BEBE STORES COM 075571109 9526 1417550 SH SOLE 790 1416760 BIOCLINICA COM 09071B100 141 29270 SH SOLE 1740 27530 BIOMARIN PHARMACEUTICALS COM 09061G101 33948 1065200 SH SOLE 1065200 BIORAD LABS COM 090572207 30068 331254 SH SOLE 331254 BJ'S RESTAURANTS COM 09180C106 8116 184000 SH SOLE 184000 BLACK BOX COPR COM 091826107 16235 760400 SH SOLE 760400 BODY CENTRAL CORP COM 09689U102 2272 125100 SH SOLE 300 124800 BOSTON BEER COMPANY COM 100557107 7125 98000 SH SOLE 98000 BOSTON PRIVATE FINANCIAL HOLDI COM 101119105 1584 269400 SH SOLE 269400 BRIGHAM EXPLORATION COM 109178103 5184 205150 SH SOLE 205150 BROADSOFT COM 11133B409 10736 353750 SH SOLE 150 353600 BRUKER BIOSCIENCES COM 116794108 21229 1569050 SH SOLE 1569050 BUFFALO WILD WINGS COM 119848109 24913 416600 SH SOLE 416600 C&J ENERGY SERVICES COM 12467B304 1500 91250 SH SOLE 91250 CABOT OIL AND GAS COM 127097103 6829 110300 SH SOLE 110300 CACI INT'L COM 127190304 21439 429300 SH SOLE 429300 CADENCE DESIGN COM 127387108 29947 3241000 SH SOLE 3241000 CALAVO GROWERS COM 128246105 4912 239370 SH SOLE 330 239040 CAPELLA EDUCATION COM 139594105 3244 114300 SH SOLE 114300 CARBO CERAMICS COM 140781105 6075 59249 SH SOLE 59249 CARDTRONICS COM 14161H108 9398 410050 SH SOLE 410050 CARRIZO OIL AND GAS COM 144577103 4065 188600 SH SOLE 188600 CARTERS INC COM 146229109 3573 117000 SH SOLE 117000 CASH AMERICA COM 14754D100 53920 1053953 SH SOLE 1053953 CECO ENVIRONMENTAL COM 125141101 3835 673957 SH SOLE 3240 670717 CELADON GROUP COM 150838100 710 80000 SH SOLE 80000 CERAGON NETWORKS COM M22013102 1132 118570 SH SOLE 290 118280 CEVA COM 157210105 3899 160370 SH SOLE 210 160160 CF INDUSTRIES HOLDINGS COM 125269100 14184 114950 SH SOLE 114950 CHART INDUSTRIES COM 16115Q308 8693 206100 SH SOLE 206100 CHICOS FAS COM 168615102 7524 658250 SH SOLE 658250 CINEMARK HOLDINGS COM 17243V102 29070 1539750 SH SOLE 1539750 CLEAN ENERGY FUELS CORP COM 184499101 17184 1545300 SH SOLE 1545300 CLEARWIRE COM 18538Q105 9096 3903960 SH SOLE 3903960 CLICKSOFTWARE TECHNOLOGIES COM M25082104 2068 265500 SH SOLE 265500 COIN STAR COM 19259P300 14082 352050 SH SOLE 352050 COMFORT SYSTEMS COM 199908104 2241 269360 SH SOLE 300 269060 COST PLUS COM 221485105 1188 188650 SH SOLE 990 187660 COVENTRY HEALTHCARE COM 222862104 32460 1126700 SH SOLE 1126700 CPX PRODUCTION COM 20453E109 10050 533140 SH SOLE 533140 CROCS INC COM 227046109 21142 892800 SH SOLE 892800 CUBIST PHARMA COM 229678107 39809 1127100 SH SOLE 1127100 CUTERA COM 232109108 1370 192350 SH SOLE 620 191730 CYMER COM 232572107 12252 329810 SH SOLE 329810 CYNOSURE COM 232577205 1445 143210 SH SOLE 430 142780 DEALERTRACK HOLDINGS COM 242309102 6973 445000 SH SOLE 445000 DENTSPLY COM 249030107 23360 761150 SH SOLE 761150 DIAMOND FOODS COM 252603105 9416 118000 SH SOLE 118000 DIGITAL GLOBE COM 25389M877 11109 571740 SH SOLE 220 571520 DOUGLAS DYNAMICS COM 25960R105 4245 332180 SH SOLE 1400 330780 DURECT CORP COM 266605104 3184 1977490 SH SOLE 3050 1974440 DUSA PHARMACEUTICALS COM 266898105 3403 919790 SH SOLE 3310 916480 EDWARDS LIFESCIENCES COM 28176E108 22546 316300 SH SOLE 316300 ELAN CORP PLC COM 284131208 18704 1776273 SH SOLE 1776273 ELECTRO RENT COM 285218103 2337 169200 SH SOLE 800 168400 ENERGY XXI COM G10082140 8702 405100 SH SOLE 405100 ENTROPIC COMMUNICATIONS COM 29384R105 11094 2686230 SH SOLE 850 2685380 EURONET COM 298736109 25791 1638540 SH SOLE 1638540 EXPONENT COM 30214U102 10480 253570 SH SOLE 253570 FACTSET RESH SYSTEMS COM 303075105 24133 271250 SH SOLE 271250 FEI COMPANY COM 30241L109 17777 593350 SH SOLE 593350 FIRSTSERVICE CORP COM 33761N109 3529 137220 SH SOLE 210 137010 FLOW INTL COM 343468104 3077 1392258 SH SOLE 1290 1390968 FOOT LOCKER COM 344849104 1860 92600 SH SOLE 92600 FOSSIL INC COM 349882100 8195 101100 SH SOLE 101100 FURMANITE CORP COM 361086101 3653 675285 SH SOLE 950 674335 GAMESTOP CORP COM 36467W109 19255 833535 SH SOLE 833535 GARDNER DENVER COM 365558105 6063 95400 SH SOLE 95400 GENESEE & WYOMING COM 371559105 28054 603060 SH SOLE 603060 GENMARK DIAGNOSTICS COM 372309104 101 17490 SH SOLE 1070 16420 GEOEYE COM 37250W108 14386 507440 SH SOLE 170 507270 GREEN MOUNTAIN COFFEE ROASTERS COM 393122106 11989 129000 SH SOLE 129000 HANSEN NATURAL COM 411310105 7507 86000 SH SOLE 86000 HARRIS & HARRIS COM 413833104 2572 724369 SH SOLE 2580 721789 HARVARD BIOSCIENCE COM 416906105 2746 650660 SH SOLE 2620 648040 HEALTHCARE SVCS COM 421906108 4800 297415 SH SOLE 380 297035 HEARTLAND EXPR COM 422347104 2374 175070 SH SOLE 175070 HENRY SCHEIN COM 806407102 28540 460250 SH SOLE 460250 ICON PLC COM 45103T107 10997 683900 SH SOLE 683900 IMMUNOGEN COM 45253H101 12540 1144140 SH SOLE 810 1143330 INTERSIL COM 46069S109 1703 165495 SH SOLE 165495 INVACARE COM 461203101 14055 610010 SH SOLE 380 609630 ISIS PHARMACEUTICALS COM 464330109 6668 983489 SH SOLE 983489 ITT EDUCATIONAL SERVICES COM 45068B109 3455 60000 SH SOLE 60000 JACK IN THE BOX COM 466367109 508 25500 SH SOLE 25500 JEFFERIES GROUP COM 472319102 12084 973713 SH SOLE 973713 JETBLUE AIRWAYS COM 477143101 536 131000 SH SOLE 131000 JOS A BANKS CLOTHIERS COM 480838101 9186 197000 SH SOLE 197000 KAMAN CORP COM 483548103 4933 177120 SH SOLE 380 176740 KENNAMETAL COM 489170100 24385 744800 SH SOLE 744800 KEY ENERGY SVCS COM 492914106 14291 1505950 SH SOLE 1505950 KNIGHT TRANS COM 499064103 11578 869880 SH SOLE 869880 KORN FERRY COM 500643200 5550 455300 SH SOLE 455300 LEMAITRE VASCULAR COM 525558201 2489 400196 SH SOLE 1310 398886 LITTELFUSE COM 537008104 21035 523120 SH SOLE 523120 LULULEMON ATHLETICA COM 550021109 8034 165000 SH SOLE 165000 LUMINEX CORP COM 55027E102 20512 925220 SH SOLE 340 924880 MAGMA DESIGN AUTOMATION COM 559181102 2109 463490 SH SOLE 900 462590 MARINEMAX INC COM 567908108 2007 310240 SH SOLE 1000 309240 MCGRATH RENT COM 580589109 200 8424 SH SOLE 490 7934 MELLANOX TECHNOLOGIES COM M51363113 2462 78870 SH SOLE 230 78640 METTLER TOLEDO COM 592688105 20119 143750 SH SOLE 143750 MHI HOSPITALITY COM 55302L102 843 390300 SH SOLE 1610 388690 MICROSEMI COM 595137100 22675 1418950 SH SOLE 1418950 MITCHAM INDUSTRIES COM 606501104 987 88123 SH SOLE 930 87193 MITEK SYSTEMS COM 606710200 6584 711735 SH SOLE 870 710865 MKS INSTRUMENTS COM 55306N104 25622 1180200 SH SOLE 1180200 MODINE MANUFACTURING COM 607828100 3288 362930 SH SOLE 890 362040 MONOLITHIC POWER COM 609839105 2848 279760 SH SOLE 430 279330 MONRO MUFFLER COM 610236101 5577 169147 SH SOLE 310 168837 MORTON'S RESTAURANT GROUP COM 619430101 2199 460000 SH SOLE 460000 MWI VETERINARY SUPPLY COM 55402X105 13587 197423 SH SOLE 60 197363 NANOMETRICS COM 630077105 1519 104740 SH SOLE 280 104460 NAPCO SECURITY TECHNOLOGIES COM 630402105 888 387864 SH SOLE 387864 NEKTAR COM 640268108 13447 2772670 SH SOLE 470 2772200 NETLOGIC SYSTEMS COM 64118B100 43581 905680 SH SOLE 905680 NEWPARK RESOURCES COM 651718504 9493 1558730 SH SOLE 780 1557950 NOVA MEASURING INSTRUMENTS COM M7516K103 806 150000 SH SOLE 150000 NUPATHE INC COM 67059M100 524 259200 SH SOLE 1440 257760 O'REILLY AUTO COM 67103H107 29844 447911 SH SOLE 447911 OCEANEERING INTERNATIONAL COM 675232102 7427 210160 SH SOLE 210160 OCLARO COM 67555N206 434 119278 SH SOLE 119278 OM GROUP COM 670872100 10123 389812 SH SOLE 290 389522 ONYX PHARMACEUTICALS COM 683399109 22422 747150 SH SOLE 747150 OSI SYSTEMS COM 671044105 3835 114410 SH SOLE 114410 PAIN THERAPEUTICS COM 69562K100 60 12610 SH SOLE 750 11860 PALOMAR MEDICAL COM 697529303 1160 147260 SH SOLE 480 146780 PARAMETRIC TECH COM 699173209 27468 1785970 SH SOLE 1785970 PAREXEL INTERNATIONAL COM 699462107 20014 1057280 SH SOLE 280 1057000 PDI INC COM 69329V100 1917 288778 SH SOLE 630 288148 PEET'S COFFEE & TEA COM 705560100 7600 136601 SH SOLE 136601 PERFICIENT COM 71375U101 2176 297200 SH SOLE 297200 PERICOM SEMICONDUCTOR COM 713831105 2407 324856 SH SOLE 324856 PHARMA PRODUCT DEV COM 717124101 21463 836450 SH SOLE 836450 PIER 1 COM 720279108 17304 1769302 SH SOLE 1769302 PILOT GOLD COM 72154R103 769 682421 SH SOLE 682421 PMC SIERRA COM 69344F106 2452 410000 SH SOLE 410000 POLYCOM COM 73172K104 18857 1026532 SH SOLE 1026532 POWER INTEGRATIONS COM 739276103 14232 464950 SH SOLE 150 464800 PRICESMART COM 741511109 44937 721071 SH SOLE 721071 PROGRESS SFTWR COM 743312100 17725 1009950 SH SOLE 1009950 PROS HOLDING COM 74346Y103 1418 110000 SH SOLE 110000 QC HOLDINGS COM 74729T101 2180 746440 SH SOLE 746440 QIAGEN NV COM N72482107 15469 1118500 SH SOLE 1118500 QLT INC COM 746927102 5850 800207 SH SOLE 920 799287 QUAKER CHEMICAL CORP COM 747316107 2308 89060 SH SOLE 210 88850 QUESTCOR PHARMACEUTICALS COM 74835Y101 6099 223720 SH SOLE 320 223400 RADWARE COM M81873107 3564 165080 SH SOLE 150 164930 RBC BEARINGS COM 75524B104 25834 760034 SH SOLE 170 759864 RED HAT INC COM 756577102 18751 443700 SH SOLE 443700 REGENERON COM 75886F107 30267 520050 SH SOLE 520050 RIVERBED TECHNOLOGY COM 768573107 19225 963200 SH SOLE 963200 ROBERT HALF INTERNATIONAL COM 770323103 3820 180000 SH SOLE 180000 ROVI COM 779376102 11059 257300 SH SOLE 257300 RPC INC COM 749660106 8881 544200 SH SOLE 544200 RUDOLPH TECH COM 781270103 777 116140 SH SOLE 660 115480 RUSH ENTERPRISES COM 781846209 10408 735050 SH SOLE 300 734750 SAFEGUARD SCIENTIFICS COM 786449207 5774 384921 SH SOLE 880 384041 SALESFORCE.COM COM 79466L302 10678 93440 SH SOLE 93440 SANDRIDGE ENERGY COM 80007P307 3682 662232 SH SOLE 662232 SANTARUS COM 802817304 93 33350 SH SOLE 1990 31360 SAPIENT COM 803062108 17499 1725750 SH SOLE 1725750 SCHWEITZER MAUDUIT INT'L COM 808541106 13178 235870 SH SOLE 110 235760 SCICLONE PHARMA COM 80862K104 2441 640714 SH SOLE 1750 638964 SEATTLE GENETICS COM 812578102 17810 935404 SH SOLE 300 935104 SENSIENT TECH COM 81725T100 30493 936795 SH SOLE 936795 SHORETEL INC COM 825211105 3320 666730 SH SOLE 700 666030 SILICON LABORATORIES INC COM 826919102 14731 439220 SH SOLE 439220 SM ENERGY COM 78454L100 6255 103125 SH SOLE 103125 SODASTREAM INTERNATIONAL COM M9068E105 7602 230000 SH SOLE 230000 SOLTA MEDICAL COM 83438K103 753 602570 SH SOLE 1740 600830 SONO SITE COM 83568G104 4961 163500 SH SOLE 200 163300 SOURCEFIRE COM 83616T108 15018 561226 SH SOLE 561226 SPECTRUM PHARMACEUTICALS COM 84763A108 1947 255170 SH SOLE 750 254420 STARR SURGICAL COM 852312305 127 16240 SH SOLE 950 15290 STEINER LEISURE LTD COM P8744Y102 21056 516450 SH SOLE 516450 STEVEN MADDEN COM 556269108 20923 695100 SH SOLE 695100 STRAYER EDUCATION COM 863236105 3067 40000 SH SOLE 40000 SUCAMPO PHARMACEUTICALS COM 864909106 2903 778160 SH SOLE 2970 775190 SUCCESS FACTORS COM 864596101 16114 700900 SH SOLE 700900 SUPER MICRO COMPUTER COM 86800U104 4952 395190 SH SOLE 430 394760 SYNERGETICS COM 87160G107 158 29260 SH SOLE 1720 27540 SYNERON MEDICAL LTD COM M87245102 4936 498070 SH SOLE 1240 496830 TEMPUR-PEDIC COM 88023U101 6313 120000 SH SOLE 120000 TENNANT CO COM 880345103 4466 126270 SH SOLE 250 126020 TERADYNE COM 880770102 25889 2351380 SH SOLE 2351380 TESCO COM 88157K101 11390 981872 SH SOLE 981872 THE FRESH MARKET COM 35804H106 22299 584350 SH SOLE 584350 TIFFANY COM 886547108 8332 137000 SH SOLE 137000 TITAN MACHINERY COM 88830R101 3332 186170 SH SOLE 560 185610 TIVO INC COM 888706108 14062 1505620 SH SOLE 1505620 TRAVELZOO COM 89421Q106 6616 300850 SH SOLE 300850 TRIANGLE PETROLEUM COM 89600B201 548 152730 SH SOLE 1000 151730 TRIMBLE NAV COM 896239100 10773 321100 SH SOLE 321100 TRIUMPH GROUP, INC COM 896818101 22927 470400 SH SOLE 470400 TRUE RELIGION COM 89784n104 876 32500 SH SOLE 32500 TRUEBLUE COM 89785X101 14528 1282289 SH SOLE 1282289 UNITED STATIONERS COM 913004107 22685 833400 SH SOLE 833400 VARIAN SEMICONDUCTOR COM 922207105 9841 160930 SH SOLE 160930 VASCULAR SOLUTIONS COM 92231M109 3172 277027 SH SOLE 750 276277 VERIFONE SYSTEMS INC COM 92342Y109 30198 862310 SH SOLE 862310 VIRTUSA CORP COM 92827P102 969 73390 SH SOLE 200 73190 VIVUS COM 928551100 1864 230980 SH SOLE 660 230320 WATSCO COM 942622200 12621 246980 SH SOLE 246980 WEB MD HEALTH CORP COM 94770V102 23776 788591 SH SOLE 788591 WEST PHARMA SVCS COM 955306105 29430 793250 SH SOLE 793250 WMS INDUSTRIES COM 929297109 8617 489894 SH SOLE 489894 ZAGG INC COM 98884U108 3703 373250 SH SOLE 373250 Report Summary: Number of Other Included Managers: None Table Entry Total: 226 Table Value $2,450 Million