0001134007-11-000017.txt : 20110812 0001134007-11-000017.hdr.sgml : 20110812 20110812154121 ACCESSION NUMBER: 0001134007-11-000017 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110812 DATE AS OF CHANGE: 20110812 EFFECTIVENESS DATE: 20110812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEXT CENTURY GROWTH INVESTORS LLC CENTRAL INDEX KEY: 0001134007 IRS NUMBER: 411923871 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06277 FILM NUMBER: 111031217 BUSINESS ADDRESS: STREET 1: 5500 WAYZATA BLVD STREET 2: SUITE 1275 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 BUSINESS PHONE: 7635914490 MAIL ADDRESS: STREET 1: 5500 WAYZATA BLVD STREET 2: SUITE 1275 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 13F-HR 1 r02q11.txt NCG 2Q11 13F REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter ended: June 30, 2011 Check here if Amendment [ ]; Amendment Number: 0 This Amendment (Check only one): [ ] is a restatement [ ] adds new holdings entries Institutional Investment Manager Filing this Report: Name: Next Century Growth Investors, LLC Address: 5500 Wayzata Blvd. Suite 1275 Minneapolis, MN 55416 13F File Number: 28-06277 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: Gina Nelson Title: Operations Manager Phone: 763-591-4490 Signature, Place and Date of Signing /s/Gina Nelson Minneapolis, Minnesota August 12, 2011 Report Type (Check only one): [x] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of other Managers Reporting for this Manager: Frank Russell Company: filer number 028-01190 FORM 13F SUMMARY PAGE Report Summary Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 169 Form 13F Information Table Value Total: 2,731,132 List of Other Included Managers: None

FORM 13F INFORMATION TABLE Value Shares/ Sh/ Put/ InvestmtOther Voting Authority Name of Issuer Title ofCUSIP (x$1000) Prn Amt Prn Call Dscretn ManagersSole Shared None Acacia Research - Acacia Tec COM 003881307 21792 593956SH Sole 316378 0 277578 Acme Packet, Inc. COM 004764106 2792 39818SH Sole 39818 0 0 Advisory Board Co (The) COM 00762W107 2328 40223SH Sole 40223 0 0 Alexion Pharmaceuticals, Inc. COM 015351109 2138 45469SH Sole 45469 0 0 Allergan, Inc. COM 018490102 7965 95677SH Sole 80988 0 14689 Amazon.Com COM 023135106 6965 34059SH Sole 29369 0 4690 Amerigon Inc COM 03070L300 11070 636931SH Sole 278465 0 358466 Ansys Inc COM 03662Q105 4166 76202SH Sole 76202 0 0 Apple Computer Inc COM 037833100 5514 16426SH Sole 14164 0 2262 Aruba Networks COM 043176106 3434 116221SH Sole 116221 0 0 Astronics Corp COM 046433108 8515 276455SH Sole 120475 0 155980 AthenaHealth Inc COM 04685W103 16950 412419SH Sole 218423 0 193996 Atmel Corp COM 049513104 3187 226530SH Sole 226530 0 0 BJ's Restaurant, Inc. COM 09180C106 66141 1263199SH Sole 687991 0 575208 Baidu Inc - Spon ADR COM 056752108 4146 29590SH Sole 25539 0 4051 Bankrate Inc COM 06647F102 2676 161402SH Sole 161402 0 0 Be Aerospace, Inc. COM 073302101 36415 892307SH Sole 511531 0 380776 Biolase Technology Inc COM 090911108 6437 1252367SH Sole 547527 0704840.3 Body Central Corp COM 09689U102 8848 376034SH Sole 164443 0 211591 Boeing Co COM 097023105 7781 105248SH Sole 90754 0 14494 Borgwarner, Inc. COM 099724106 3847 47615SH Sole 47615 0 0 Broadcom Corporation COM 111320107 2125 63180SH Sole 55312 0 7868 Broadsoft Inc COM 11133B409 22996 603087SH Sole 313478 0 289609 C H Robinson Worldwide Com COM 12541W209 2381 30201SH Sole 26292 0 3909 Callidus Software COM 13123E500 3889 664724SH Sole 290649 0 374075 Catalyst Health Solutions, IncCOM 14888B103 4647 83249SH Sole 83249 0 0 Caterpillar Inc COM 149123101 7136 67027SH Sole 57820 0 9207 Cavium Inc. COM 14964U108 20077 460586SH Sole 243877 0 216709 Celadon Group Inc COM 150838100 8734 625629SH Sole 273723 0 351906 Cepheid Inc COM 15670R107 20340 587182SH Sole 311643 0 275539 Cerner Corp COM 156782104 2069 33864SH Sole 28660 0 5204 Chart Industries, Inc. COM 16115Q308 48318 895104SH Sole 479463 0 415641 Chicago Brdg + Iron Co N V COM 167250109 5995 154116SH Sole 154116 0 0 Chipotle Mexican Grill, Inc COM 169656105 4676 15172SH Sole 15172 0 0 Citrix Systems Inc. COM 177376100 5738 71725SH Sole 62538 0 9187 Cognizant Tech Solutions COM 192446102 6859 93529SH Sole 80651 0 12878 Commercial Vehicle Group COM 202608105 8174 576058SH Sole 251871 0 324187 Complete Production Services COM 20453E109 2058 61691SH Sole 61691 0 0 Comscore Inc COM 20564W105 13370 516221SH Sole 292435 0 223786 Concur Technologies Inc COM 206708109 54836 1095196SH Sole 626943 0 468253 Cornerstone on Demand COM 21925Y103 3040 172266SH Sole 73155 0 99111 Costco Wholesale Corp COM 22160K105 6974 85844SH Sole 74027 0 11817 Covenant Transport Group COM 22284P105 2906 374992SH Sole 164056 0 210936 Cummins, Inc COM 231021106 6011 58087SH Sole 50092 0 7995 Cypress Semiconductor COM 232806109 48784 2307653SH Sole 1316049 0 991604 DTS Inc COM 23335C101 42285 1042789SH Sole 532195 0 510594 Deere & Co COM 244199105 6251 75818SH Sole 65397 0 10421 Derma Sciences COM 249827502 3194 344222SH Sole 149459 0 194763 Dice Holdings Inc COM 253017107 25515 1887174SH Sole 959778 0 927396 Direct TV COM 25490A101 4557 89660SH Sole 77375 0 12285 Dynamic Materials Corp COM 267888105 7176 320067SH Sole 139884 0 180183 EMC Communications CorporationCOM 268648102 6889 250057SH Sole 216850 0 33207 Eaton co COM 278058102 4222 82059SH Sole 70757 0 11302 Ellie Mae Inc COM 28849P100 4821 839886SH Sole 367366 0 472520 Encore Captial Group COM 292554102 10354 337053SH Sole 147410 0 189643 Envestnet Inc COM 29404K106 4599 309716SH Sole 135567 0 174149 Equinix Inc COM 29444U502 4491 44461SH Sole 44461 0 0 Exlservice Holdings Inc. COM 302081104 7806 337933SH Sole 201580 0 136353 Expeditors International COM 302130109 6560 128153SH Sole 110504 0 17649 Express Scripts Inc COM 302182100 6069 112431SH Sole 95343 0 17088 Faro Technologies Inc COM 311642102 16245 370897SH Sole 192014 0 178883 Fastenal Co COM 311900104 7380 205065SH Sole 176829 0 28236 Fedex Corporation COM 31428X106 6742 71079SH Sole 61429 0 9650 Financial Engines Inc COM 317485100 59759 2305525SH Sole 1195586 0 1109939 Fluor Corp COM 343412102 6451 99763SH Sole 86058 0 13705 Ford Motor COM 345370860 4183 303322SH Sole 261552 0 41770 Fortinet Inc. COM 34959E109 28980 1061937SH Sole 608241 0 453696 Freightcar America COM 357023100 22545 889703SH Sole 475803 0 413900 Fresh Market Inc. COM 35804H106 26181 676864SH Sole 360800 0 316064 Furmanite Corp COM 361086101 4109 517528SH Sole 226272 0 291256 Genesee & Wyoming Inc COM 371559105 3121 53220SH Sole 53220 0 0 Gentex Corp COM 371901109 60739 2009227SH Sole 1139604 0 869623 Google Inc-CL A COM 38259P508 2120 4186SH Sole 3610 0 576 Graham Corp COM 384556106 8614 422253SH Sole 184600 0 237653 Green Mountain Coffee RoastersCOM 393122106 8103 90780SH Sole 81571 0 9209 Greenbrier Companies COM 393657101 4170 211055SH Sole 92302 0 118753 H&E Equipment Services COM 404030108 28152 2012265SH Sole 1066053 0 946212 HMS Holdings Corp COM 40425J101 56754 738315SH Sole 409903 0 328412 Heico Corp COM 422806109 2168 39614SH Sole 39614 0 0 Heritage-Crystal Clean Inc COM 42726M106 5618 292931SH Sole 128075 0 164856 Hittite Microwave Corp COM 43365Y104 56472 912167SH Sole 519613 0 392554 Home Away COM 43739Q100 1293 33414SH Sole 33414 0 0 Hub Group Inc COM 443320106 1977 52506SH Sole 52506 0 0 Hunt (JB) Transport Services COM 445658107 5710 121257SH Sole 121257 0 0 IPG Photonics Corp COM 44980X109 58621 806237SH Sole 426781 0 379456 IXIA COM 45071R109 16704 1305032SH Sole 691184 0 613848 Illumina Inc COM 452327109 1983 26391SH Sole 26391 0 0 Inphi COM 45772F107 8662 497804SH Sole 217687 0 280117 Insulet Corp COM 45784P101 4825 217623SH Sole 95221 0 122402 Interclick, Inc. COM 458483203 5568 699538SH Sole 305956 0 393582 Intralinks COM 46118H104 36548 2115018SH Sole 1152509 0 962509 Johnson Controls INc COM 478366107 2624 62993SH Sole 55105 0 7888 Joy Global Inc COM 481165108 5985 62844SH Sole 62844 0 0 Kansas City Southern COM 485170302 5400 91024SH Sole 91024 0 0 Kenexa Corporation COM 488879107 6168 257215SH Sole 112447 0 144768 Liveperson, Inc. COM 538146101 9971 705168SH Sole 308365 0 396803 LogMeIn, Inc. COM 54142L109 9880 256159SH Sole 123405 0 132754 Lufkin Industries COM 549764108 22707 263886SH Sole 155847 0 108039 Lululemon Athletica Inc COM 550021109 3811 34082SH Sole 34082 0 0 Magnum Hunter Resources Corp COM 55973B102 3526 521562SH Sole 228010 0 293552 Manitowoc Company COM 563571108 45177 2682697SH Sole 1422133 0 1260564 Maxwell Technologies, Inc COM 577767106 6070 374932SH Sole 164064 0 210868 Mosaic Co COM 61945C103 6387 94305SH Sole 81373 0 12932 NIC Inc COM 62914B100 19755 1467703SH Sole 778342 0 689361 Netflix.com Inc. COM 64110L106 6324 24075SH Sole 20763 0 3312 Netlogic Microsystems COM 64118B100 26737 661487SH Sole 379581 0 281906 Netsuite COM 64118Q107 48324 1232761SH Sole 652940 0 579821 Northern Oil & Gas COM 665531109 22979 1037423SH Sole 639488 0 397935 NxStage Medical Inc COM 67072V103 51699 2483158SH Sole 1291555 0 1191603 OCZ Technology Group COM 67086E303 2954 369232SH Sole 161388 0 207844 Old Dominion Freight Line COM 679580100 31603 847263SH Sole 450161 0 397102 Omnivision Microchip, Inc. COM 682128103 28846 828674SH Sole 438730 0 389944 Open Table COM 68372A104 21639 260329SH Sole 149534 0 110795 Opnet Tech COM 683757108 9291 226940SH Sole 99221 0 127719 Oracle Systems Corporation COM 68389X105 7202 218828SH Sole 189415 0 29413 Peabody Energy Corp COM 704549104 4515 76640SH Sole 66085 0 10555 Pegasystems, Inc. COM 705573103 2536 54484SH Sole 54484 0 0 Polypore International, Inc COM 73179V103 5785 85275SH Sole 85275 0 0 Portfolio Recovery AssociationCOM 73640Q105 49633 585358SH Sole 328696 0 256662 Praxair Inc COM 74005P104 5544 51153SH Sole 44135 0 7018 Precision Castparts Corp COM 740189105 9065 55055SH Sole 47473 0 7582 Priceline.com COM 741503403 7840 15315SH Sole 13203 0 2112 Primo Water Corp COM 74165N105 6998 486284SH Sole 212636 0 273648 Qlik Technologies COM 74733T105 61096 1793776SH Sole 984202 0 809574 Qualcomm Inc COM 747525103 2693 47421SH Sole 41499 0 5922 Quality Systems INc. COM 747582104 12692 145388SH Sole 77039 0 68349 RTI International Metals Inc. COM 74973W107 29143 759516SH Sole 434412 0 325104 Reald Inc COM 75604L105 25712 1099290SH Sole 582252 0 517038 Realpage Inc COM 75606N109 61842 2336305SH Sole 1324188 0 1012117 Rightnow Technologies COM 76657R106 19830 612022SH Sole 324822 0 287200 Riverbed Technology Inc COM 768573107 2386 60271SH Sole 60271 0 0 Rosetta Resources COM 777779307 51767 1004413SH Sole 531656 0 472757 Rue21 Inc COM 781295100 6273 193026SH Sole 124321 0 68705 SPS Commerce Inc COM 78463M107 5714 321208SH Sole 140421 0 180787 SXC Health Solutions Corp COM 78505P100 59534 1010427SH Sole 581507 0 428920 Salesforce.com Inc COM 79466L302 8189 54964SH Sole 47398 0 7566 Salix Pharamaceuticals COM 795435106 50164 1259458SH Sole 720733 0 538725 Sapient Corp. COM 803062108 40269 2679250SH Sole 1398072 0 1281178 Schlumberger COM 806857108 4864 56298SH Sole 48578 0 7720 Servicesource International COM 81763U100 6133 275996SH Sole 120678 0 155318 Shoretel Inc COM 825211105 9113 893384SH Sole 390596 0 502788 Shutterfly Inc COM 82568P304 58281 1014990SH Sole 541152 0 473838 Silicon Image, Inc COM 82705T102 4017 621849SH Sole 271817 0 350032 Skyworks Solutions, Inc. COM 83088M102 1992 86688SH Sole 86688 0 0 Sourcefire Inc COM 83616T108 2693 90611SH Sole 39608 0 51003 Successfactors, Inc COM 864596101 2774 94364SH Sole 49541 0 44823 Summer Infant Inc COM 865646103 5066 623914SH Sole 272832 0 351082 Syntel Inc COM 87162H103 23951 405121SH Sole 214522 0 190599 Tenneco, Inc COM 880349105 64418 1461716SH Sole 773704 0 688012 Terex Corp COM 880779103 4688 164773SH Sole 164773 0 0 Titan International COM 88830M102 54116 2230679SH Sole 1172257 0 1058422 Triquint Seminconductor COM 89674K103 2369 232459SH Sole 123078 0 109381 Ultimate Software Group Inc. COM 90385D107 44483 817244SH Sole 468550 0 348694 Union Pacific Corp COM 907818108 6920 66284SH Sole 57260 0 9024 United Therapeutics Corp COM 91307C102 2415 43826SH Sole 43826 0 0 VMWare Inc COM 928563402 7081 70652SH Sole 60923 0 9729 Valuvision Media Inc COM 92047K107 3543 463121SH Sole 202502 0 260619 Verifone Systems Inc COM 92342Y109 5019 113173SH Sole 113173 0 0 Virtusa Corp COM 92827P102 11781 621674SH Sole 271802 0 349872 Visa Inc COM 92826C839 4781 56743SH Sole 49376 0 7367 Vitran Corp Inc COM 92850E107 9977 785577SH Sole 344007 0 441570 Vocus Inc COM 92858J108 12430 406091SH Sole 177605 0 228486 Volcano Corp COM 928645100 20722 641753SH Sole 367931 0 273822 Wabash National COM 929566107 19894 2123150SH Sole 1124444 0 998706 Wabco Holdings Inc COM 92927K102 60554 876826SH Sole 503649 0 373177 Wabtec Corp COM 929740108 3051 46425SH Sole 46425 0 0 WebMD Health Corp COM 94770V102 3242 71129SH Sole 71129 0 0 Wisdomtree Investments COM 97717P104 3973 626626SH Sole 273953 0 352673 Zagg Inc COM 98884U108 4223 315160SH Sole 137762 0 177398