0001026710-12-000005.txt : 20120411 0001026710-12-000005.hdr.sgml : 20120411 20120411134453 ACCESSION NUMBER: 0001026710-12-000005 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120411 DATE AS OF CHANGE: 20120411 EFFECTIVENESS DATE: 20120411 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: 12753942 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 gim13f1203.txt 13F FILING FOR Q1, 2012 FROM GRANAHAN INVESTMENT MANAGEMENT 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 March 31, 2012 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 11th day of April, 2012. 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 41574 1605155 SH Sole 1605155 ABM INDUSTRIES COM 000957100 22216 914222 SH Sole 914222 ACME PACKET COM 004764106 14596 530386 SH Sole 530386 ADVISORY BOARD COM 00762W107 19332 218146 SH Sole 218146 AKORN COM 009728106 8614 736220 SH Sole 850 735370 ALIGN TECHNOLOGY COM 016255101 17562 637450 SH Sole 637450 ALKERMES COM G01767105 35870 1933710 SH Sole 1933710 ALLIANCE DATA SYSTEMS COM 018581108 8024 63700 SH Sole 63700 ALLOT COMMUNICATIONS COM M0854Q105 6082 261600 SH Sole 690 260910 AMERICAN PUBLIC EDUCATION INC COM 02913V103 19021 500550 SH Sole 500550 ANGIO DYNAMICS COM 03475V101 5450 444920 SH Sole 580 444340 APTARGROUP COM 038336103 15205 277620 SH Sole 277620 ARIBA COM 04033V203 4743 145000 SH Sole 145000 ATMEL CORP COM 049513104 1186 120260 SH Sole 120260 ATMI INC COM 00207R101 275 11800 SH Sole 650 11150 ATWOOD OCEANICS COM 050095108 14719 327880 SH Sole 327880 AUTHENTEC COM 052660107 4482 1418400 SH Sole 2750 1415650 BASIC ENERGY COM 06985P100 2977 171600 SH Sole 171600 BEBE STORES COM 075571109 12314 1334160 SH Sole 850 1333310 BIOCLINICA COM 09071B100 254 45770 SH Sole 1890 43880 BIOMARIN PHARMACEUTICALS COM 09061G101 34613 1010600 SH Sole 1010600 BIORAD LABS COM 090572207 32575 314154 SH Sole 314154 BJ'S RESTAURANTS COM 09180C106 9969 198000 SH Sole 198000 BLACK BOX COPR COM 091826107 11941 468104 SH Sole 468104 BLACK DIAMOND COM 09202G101 926 100000 SH Sole 100000 BODY CENTRAL CORP COM 09689U102 3657 126030 SH Sole 330 125700 BOSTON BEER COMPANY COM 100557107 11106 104000 SH Sole 104000 BOSTON PRIVATE FINANCIAL HOLDI COM 101119105 2622 264600 SH Sole 264600 BROADSOFT COM 11133B409 20853 545170 SH Sole 170 545000 BRUKER BIOSCIENCES COM 116794108 22698 1482550 SH Sole 1482550 BUFFALO WILD WINGS COM 119848109 25507 281250 SH Sole 281250 C&J ENERGY SERVICES COM 12467B304 861 48400 SH Sole 48400 CACI INT'L COM 127190304 29856 479300 SH Sole 479300 CADENCE DESIGN COM 127387108 38965 3291000 SH Sole 3291000 CALAVO GROWERS COM 128246105 5027 187700 SH Sole 360 187340 CALLON PETROLEUM COM 13123X102 1628 258900 SH Sole 258900 CAPELLA EDUCATION COM 139594105 3174 88300 SH Sole 88300 CARBO CERAMICS COM 140781105 5149 48830 SH Sole 48830 CARDTRONICS COM 14161H108 6926 263850 SH Sole 263850 CARTERS INC COM 146229109 11880 238700 SH Sole 238700 CASEYS GENERAL STORES COM 147528103 17581 317000 SH Sole 317000 CASH AMERICA COM 14754D100 43370 904853 SH Sole 904853 CECO ENVIRONMENTAL COM 125141101 5184 668857 SH Sole 3240 665617 CELADON GROUP COM 150838100 1711 110000 SH Sole 110000 CEVA COM 157210105 2355 103690 SH Sole 230 103460 CF INDUSTRIES HOLDINGS COM 125269100 19717 107950 SH Sole 107950 CHART INDUSTRIES COM 16115Q308 5298 72250 SH Sole 72250 CHICOS FAS COM 168615102 11083 734000 SH Sole 734000 CINEMARK HOLDINGS COM 17243V102 31685 1443500 SH Sole 1443500 CLEAN ENERGY FUELS CORP COM 184499101 32884 1545300 SH Sole 1545300 CLEARWIRE COM 18538Q105 9442 4141260 SH Sole 4141260 CLICKSOFTWARE TECHNOLOGIES COM M25082104 3730 294200 SH Sole 294200 COIN STAR COM 19259P300 24108 379350 SH Sole 379350 COMFORT SYSTEMS COM 199908104 2670 244690 SH Sole 330 244360 COST PLUS COM 221485105 5663 316387 SH Sole 1070 315317 COVENTRY HEALTHCARE COM 222862104 31760 892900 SH Sole 892900 CROCS INC COM 227046109 21033 1005400 SH Sole 1005400 CUBIST PHARMA COM 229678107 30410 703120 SH Sole 703120 CUTERA COM 232109108 1632 190920 SH Sole 690 190230 CYMER COM 232572107 9571 191410 SH Sole 191410 CYNOSURE COM 232577205 2539 142160 SH Sole 480 141680 DEALERTRACK HOLDINGS COM 242309102 9078 300000 SH Sole 300000 DENTSPLY COM 249030107 28827 718350 SH Sole 718350 DIAMOND FOODS COM 252603105 4610 202000 SH Sole 202000 DIGITAL GLOBE COM 25389M877 3475 260490 SH Sole 240 260250 DOUGLAS DYNAMICS COM 25960R105 4522 328850 SH Sole 1470 327380 DSW SHOE WAREHOUSE COM 23334L102 16157 295000 SH Sole 295000 DURECT CORP COM 266605104 1558 1947290 SH Sole 3050 1944240 DUSA PHARMACEUTICALS COM 266898105 5723 914270 SH Sole 3690 910580 EDWARDS LIFESCIENCES COM 28176E108 21717 298600 SH Sole 298600 ELAN CORP PLC COM 284131208 25191 1678273 SH Sole 1678273 ELECTRO RENT COM 285218103 3352 182080 SH Sole 880 181200 ENERGY XXI COM G10082140 4517 125100 SH Sole 125100 ENTROPIC COMMUNICATIONS COM 29384R105 14389 2468050 SH Sole 920 2467130 EURONET COM 298736109 31820 1523240 SH Sole 1523240 EXPONENT COM 30214U102 11386 234670 SH Sole 234670 FACTSET RESH SYSTEMS COM 303075105 25349 255950 SH Sole 255950 FEI COMPANY COM 30241L109 20846 424466 SH Sole 424466 FINISAR COM 31787A507 6271 311200 SH Sole 311200 FIRSTSERVICE CORP COM 33761N109 4151 135490 SH Sole 230 135260 FLOW INTL COM 343468104 3269 813142 SH Sole 1410 811732 FOOT LOCKER COM 344849104 3617 116500 SH Sole 116500 FOSSIL INC COM 349882100 10783 81700 SH Sole 81700 FURMANITE CORP COM 361086101 5218 812721 SH Sole 1510 811211 GAMESTOP CORP COM 36467W109 13516 618885 SH Sole 618885 GENESEE & WYOMING COM 371559105 25079 459491 SH Sole 459491 GENMARK DIAGNOSTICS COM 372309104 138 34110 SH Sole 1890 32220 GEOEYE COM 37250W108 2780 115480 SH Sole 180 115300 GLOBAL CASH ACCESS COM 378967103 1560 200000 SH Sole 200000 GREEN MOUNTAIN COFFEE ROASTERS COM 393122106 19279 411600 SH Sole 411600 GREENBRIER COMPANIES COM 393657101 6432 325002 SH Sole 325002 HARRIS & HARRIS COM 413833104 2975 716769 SH Sole 2580 714189 HARVARD BIOSCIENCE COM 416906105 2538 647490 SH Sole 2900 644590 HEALTH MANAGEMENT ASSOCIATES COM 421933102 9907 1474200 SH Sole 1474200 HEALTHCARE SVCS COM 421906108 6230 292905 SH Sole 420 292485 HEARTLAND EXPR COM 422347104 363 25070 SH Sole 25070 HENRY SCHEIN COM 806407102 32841 433950 SH Sole 433950 HORNBECK OFFSHORE SVC COM 440543106 2694 64100 SH Sole 64100 ICON PLC COM 45103T107 11591 546250 SH Sole 546250 II-VI COM 902104108 13909 588100 SH Sole 588100 IMMUNOGEN COM 45253H101 16167 1123500 SH Sole 870 1122630 INTERSIL COM 46069S109 1854 165495 SH Sole 165495 INVACARE COM 461203101 9587 578600 SH Sole 420 578180 IPG PHOTONICS COM 44980X109 10228 196500 SH Sole 196500 ISIS PHARMACEUTICALS COM 464330109 8154 929789 SH Sole 929789 ITT EDUCATIONAL SERVICES COM 45068B109 7275 110000 SH Sole 110000 JACK IN THE BOX COM 466367109 611 25500 SH Sole 25500 JEFFERIES GROUP COM 472319102 17857 947813 SH Sole 947813 JETBLUE AIRWAYS COM 477143101 734 150000 SH Sole 150000 JOS A BANKS CLOTHIERS COM 480838101 12451 247000 SH Sole 247000 KAMAN CORP COM 483548103 5945 175100 SH Sole 410 174690 KENNAMETAL COM 489170100 31621 710100 SH Sole 710100 KEY ENERGY SVCS COM 492914106 39346 2546650 SH Sole 2546650 KIT DIGITAL COM 482470200 12228 1698300 SH Sole 1698300 KNIGHT TRANS COM 499064103 17457 988480 SH Sole 988480 KODIAK OIL AND GAS COM 50015Q100 4285 430200 SH Sole 430200 LEMAITRE VASCULAR COM 525558201 2216 376206 SH Sole 1420 374786 LITTELFUSE COM 537008104 2822 45000 SH Sole 45000 LULULEMON ATHLETICA COM 550021109 14199 190000 SH Sole 190000 LUMINEX CORP COM 55027E102 20605 882450 SH Sole 370 882080 MARINEMAX INC COM 567908108 2533 307770 SH Sole 1080 306690 MASTEC COM 576323109 6169 341000 SH Sole 341000 MCGRATH RENT COM 580589109 319 9934 SH Sole 550 9384 MELLANOX TECHNOLOGIES COM M51363113 5770 137940 SH Sole 250 137690 METTLER TOLEDO COM 592688105 25856 139950 SH Sole 139950 MHI HOSPITALITY COM 55302L102 1131 385900 SH Sole 1610 384290 MICROSEMI COM 595137100 33243 1550525 SH Sole 1550525 MITCHAM INDUSTRIES COM 606501104 2385 106200 SH Sole 1010 105190 MITEK SYSTEMS COM 606710200 2755 237538 SH Sole 940 236598 MKS INSTRUMENTS COM 55306N104 21666 733700 SH Sole 733700 MOBILE MINI COM 60740F105 19906 942500 SH Sole 942500 MODINE MANUFACTURING COM 607828100 3174 359410 SH Sole 970 358440 MONOLITHIC POWER COM 609839105 6165 313400 SH Sole 470 312930 MONOTYPE IMAGING COM 61022P100 284 19060 SH Sole 1060 18000 MONRO MUFFLER COM 610236101 6936 167177 SH Sole 340 166837 MONSTER BEVG CORP COM 611740101 17696 285000 SH Sole 285000 MWI VETERINARY SUPPLY COM 55402X105 11983 136173 SH Sole 60 136113 NANOMETRICS COM 630077105 1583 85510 SH Sole 300 85210 NAPCO SECURITY TECHNOLOGIES COM 630402105 1297 414464 SH Sole 414464 NEKTAR COM 640268108 21525 2717800 SH Sole 500 2717300 NEWPARK RESOURCES COM 651718504 126 15350 SH Sole 850 14500 NOVA MEASURING INSTRUMENTS COM M7516K103 1344 150000 SH Sole 150000 NUPATHE INC COM 67059M100 960 259410 SH Sole 1600 257810 O'REILLY AUTO COM 67103H107 8687 95100 SH Sole 95100 OASIS PETROLEUM COM 674215108 5770 187150 SH Sole 187150 OCEANEERING INTERNATIONAL COM 675232102 16982 315120 SH Sole 315120 OIL STATES INTERNATIONAL COM 678026105 3177 40700 SH Sole 40700 OM GROUP COM 670872100 14259 518332 SH Sole 320 518012 ONYX PHARMACEUTICALS COM 683399109 26585 705550 SH Sole 705550 OSI SYSTEMS COM 671044105 7013 114410 SH Sole 114410 PAIN THERAPEUTICS COM 69562K100 49 13610 SH Sole 750 12860 PALOMAR MEDICAL COM 697529303 1366 146270 SH Sole 540 145730 PANDORA COM 698354107 11639 1140000 SH Sole 1140000 PARAMETRIC TECH COM 699173209 50179 1795970 SH Sole 1795970 PAREXEL INTERNATIONAL COM 699462107 27012 1001550 SH Sole 300 1001250 PDI INC COM 69329V100 1615 242100 SH Sole 242100 PEET'S COFFEE & TEA COM 705560100 3692 50100 SH Sole 50100 PERFICIENT COM 71375U101 10666 888100 SH Sole 888100 PERICOM SEMICONDUCTOR COM 713831105 2245 277556 SH Sole 277556 PIER 1 COM 720279108 9606 528382 SH Sole 528382 PIONEER DRILLING COM 723655106 282 32000 SH Sole 32000 PIZZA INN HOLDINGS COM 725846109 790 163820 SH Sole 1720 162100 POLYCOM COM 73172K104 9215 483200 SH Sole 483200 POWER INTEGRATIONS COM 739276103 9145 246370 SH Sole 160 246210 PRICESMART COM 741511109 32289 443471 SH Sole 443471 PROGRESS SFTWR COM 743312100 16443 696150 SH Sole 696150 PROS HOLDING COM 74346Y103 2151 115000 SH Sole 115000 QC HOLDINGS COM 74729T101 3105 746440 SH Sole 746440 QIAGEN NV COM N72482107 16475 1058100 SH Sole 1058100 QLT INC COM 746927102 4971 710187 SH Sole 900 709287 QUAKER CHEMICAL CORP COM 747316107 3479 88180 SH Sole 230 87950 QUESTCOR PHARMACEUTICALS COM 74835Y101 22023 585400 SH Sole 585400 RADWARE COM M81873107 14362 383600 SH Sole 170 383430 RBC BEARINGS COM 75524B104 35730 774544 SH Sole 180 774364 RED HAT INC COM 756577102 32604 544400 SH Sole 544400 REGENERON COM 75886F107 39275 336780 SH Sole 336780 REX ENERGY COM 761565100 3633 340157 SH Sole 340157 RIVERBED TECHNOLOGY COM 768573107 51005 1816400 SH Sole 1816400 ROVI COM 779376102 20399 626700 SH Sole 626700 RPC INC COM 749660106 9638 908350 SH Sole 908350 RUDOLPH TECH COM 781270103 1879 169090 SH Sole 1060 168030 RUSH ENTERPRISES COM 781846209 9663 455350 SH Sole 330 455020 SAFEGUARD SCIENTIFICS COM 786449207 6524 379311 SH Sole 870 378441 SALESFORCE.COM COM 79466L302 17172 111140 SH Sole 111140 SANTARUS COM 802817304 227 38860 SH Sole 2150 36710 SAPIENT COM 803062108 17967 1443163 SH Sole 1443163 SCHWEITZER MAUDUIT INT'L COM 808541106 24287 351680 SH Sole 120 351560 SCICLONE PHARMA COM 80862K104 4005 634724 SH Sole 1910 632814 SEATTLE GENETICS COM 812578102 18072 886734 SH Sole 330 886404 SENSIENT TECH COM 81725T100 28314 745117 SH Sole 745117 SHANG PHARMA COM 81943P104 118 14550 SH Sole 800 13750 SHORETEL INC COM 825211105 4793 843760 SH Sole 1080 842680 SILICON LABORATORIES INC COM 826919102 20271 471420 SH Sole 471420 SKYWORKS SOLUTIONS COM 83088M102 4526 163700 SH Sole 163700 SM ENERGY COM 78454L100 4531 64030 SH Sole 64030 SODASTREAM INTERNATIONAL COM M9068E105 9228 274000 SH Sole 274000 SOLTA MEDICAL COM 83438K103 1810 597400 SH Sole 1920 595480 SOURCEFIRE COM 83616T108 23228 482600 SH Sole 482600 SPECTRUM PHARMACEUTICALS COM 84763A108 3181 251870 SH Sole 750 251120 SPS COMMERCE COM 78463M107 1686 62720 SH Sole 620 62100 STANDARD MICROSYSTEMS COM 853626109 10728 414700 SH Sole 414700 STARR SURGICAL COM 852312305 111 10260 SH Sole 570 9690 STEINER LEISURE LTD COM P8744Y102 29003 593950 SH Sole 593950 STEVEN MADDEN COM 556269108 42226 987750 SH Sole 987750 SUCAMPO PHARMACEUTICALS COM 864909106 5765 773880 SH Sole 3290 770590 SUPER MICRO COMPUTER COM 86800U104 15773 903357 SH Sole 470 902887 SUPERIOR ENERGY COM 868157108 10665 404601 SH Sole 404601 SYNERGETICS COM 87160G107 135 20790 SH Sole 1150 19640 SYNERON MEDICAL LTD COM M87245102 5286 493070 SH Sole 1340 491730 TEMPUR-PEDIC COM 88023U101 4171 49400 SH Sole 49400 TENNANT CO COM 880345103 5497 124940 SH Sole 270 124670 TERADYNE COM 880770102 40053 2371380 SH Sole 2371380 TESCO COM 88157K101 14811 1043736 SH Sole 1043736 TIFFANY COM 886547108 26843 388300 SH Sole 388300 TITAN MACHINERY COM 88830R101 5209 184730 SH Sole 620 184110 TIVO INC COM 888706108 19669 1640420 SH Sole 1640420 TRAVELZOO COM 89421Q106 3795 165000 SH Sole 165000 TRIANGLE PETROLEUM COM 89600B201 566 82010 SH Sole 1080 80930 TRIMBLE NAV COM 896239100 12664 232700 SH Sole 232700 TRIUMPH GROUP, INC COM 896818101 27821 444000 SH Sole 444000 TRUEBLUE COM 89785X101 23675 1324119 SH Sole 1324119 TYLER TECHNOLOGIES COM 902252105 2742 71400 SH Sole 71400 UBIQUITI NETWORKS COM 90347A100 10185 322009 SH Sole 322009 ULTA SALON COSMETICS COM 90384S303 14119 152000 SH Sole 152000 ULTIMATE SOFTWARE GROUP COM 90385D107 20980 286300 SH Sole 286300 UNITED STATIONERS COM 913004107 14299 460826 SH Sole 460826 UNIVERSAL HEALTH SERVICES COM 913903100 12829 306100 SH Sole 306100 VASCULAR SOLUTIONS COM 92231M109 2963 274597 SH Sole 820 273777 VERIFONE SYSTEMS INC COM 92342Y109 45247 872310 SH Sole 872310 VERTEX PHARM COM 92532F100 25217 614900 SH Sole 614900 VIRTUSA CORP COM 92827P102 1882 108960 SH Sole 220 108740 VIVUS COM 928551100 5099 228030 SH Sole 710 227320 WATSCO COM 942622200 11276 152300 SH Sole 152300 WEB MD HEALTH CORP COM 94770V102 16161 631791 SH Sole 631791 WEIGHT WATCHERS COM 948626106 13068 169300 SH Sole 169300 WEST PHARMA SVCS COM 955306105 32593 766350 SH Sole 766350 WMS INDUSTRIES COM 929297109 14490 610600 SH Sole 610600 ZAGG INC COM 98884U108 8060 758250 SH Sole 758250 Report Summary: Number of Other Included Managers: None Table Entry Total: 238 Table Value $2,981 Million