0001140361-12-045727.txt : 20121106 0001140361-12-045727.hdr.sgml : 20121106 20121106104407 ACCESSION NUMBER: 0001140361-12-045727 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121106 DATE AS OF CHANGE: 20121106 EFFECTIVENESS DATE: 20121106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC CENTRAL INDEX KEY: 0001021223 IRS NUMBER: 954575414 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05792 FILM NUMBER: 121182087 BUSINESS ADDRESS: STREET 1: 1800 AVE OF THE STAR 2ND FL CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3105562721 MAIL ADDRESS: STREET 1: 1800 AVENUE OF THE STARS 2ND FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 FORMER COMPANY: FORMER CONFORMED NAME: KAYNE ANDERSON INVESTMENT MANAGEMENT LLC DATE OF NAME CHANGE: 19990326 FORMER COMPANY: FORMER CONFORMED NAME: KAIM TRADITIONAL L L C DATE OF NAME CHANGE: 19980223 13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 9/30/2012 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: Kayne Anderson Rudnick Investment Management, LLC Address: 1800 Avenue of the Stars Second Floor Los Angeles, CA 90067 Form 13F File Number: 28-05792 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 submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Judith Ridder Title: Chief Compliance Officer Phone: 310-712-2909 Signature, Place, and Date of Signing: /s/ Judith Ridder Los Angeles, CA 11/5/2012 --------------------------------- --------------------------------- ---------- [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: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 247 Form 13F Information Table Value Total: $ 4,560,518 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- AAON INC COM PAR $0.004 COMMON STOCKS 000360206 6,353 322,657 SH SOLE 322,657 0 0 AGL RESOURCES INC COMMON STOCKS 001204106 14,361 351,035 SH SOLE 351,035 0 0 AARONS INC CL A COMMON STOCKS 002535300 3,688 132,610 SH SOLE 132,610 0 0 ABAXIS INC COMMON STOCKS 002567105 68,768 1,914,481 SH SOLE 1,914,481 0 0 ABBOTT LABS COMMON STOCKS 002824100 397 5,788 SH SOLE 5,788 0 0 ADTRAN INC COM COMMON STOCKS 00738A106 25,142 1,454,976 SH SOLE 1,454,976 0 0 ADVANCE AUTO PARTS INC COMMON STOCKS 00751Y106 3,134 45,797 SH SOLE 45,797 0 0 ADVISORY BOARD CO COMMON STOCKS 00762W107 20,470 427,983 SH SOLE 427,983 0 0 AIRGAS INC COMMON STOCKS 009363102 1,937 23,538 SH SOLE 23,538 0 0 AMERICAN EXPRESS CO COMMON STOCKS 025816109 12,728 223,855 SH SOLE 223,855 0 0 AMPHENOL CORP NEW CL A COMMON STOCKS 032095101 28,880 490,487 SH SOLE 490,487 0 0 ANSYS INC COMMON STOCKS 03662Q105 146,804 2,000,048 SH SOLE 2,000,048 0 0 APACHE CORP COMMON STOCKS 037411105 5,886 68,067 SH SOLE 68,067 0 0 APPLE INC COMMON STOCKS 037833100 65,448 98,107 SH SOLE 98,107 0 0 APTARGROUP INC COMMON STOCKS 038336103 45,875 887,160 SH SOLE 887,160 0 0 ARES CAPITAL CORPORATION COMMON STOCKS 04010L103 2,488 145,141 SH SOLE 145,141 0 0 AUTOMATIC DATA PROCESSING COMMON STOCKS 053015103 341 5,806 SH SOLE 5,806 0 0 BP ADR COMMON STOCKS 055622104 683 16,120 SH SOLE 16,120 0 0 BADGER METER INC COMMON STOCKS 056525108 24,336 668,758 SH SOLE 668,758 0 0 BALCHEM CORPORATION COMMON STOCKS 057665200 20,213 550,317 SH SOLE 550,317 0 0 BARD C R INC COMMON STOCKS 067383109 1,484 14,179 SH SOLE 14,179 0 0 IPATH DJ UBS COMMODITY INDEX TOTAL ETF/ISHARE - 06738C778 2,676 60,539 SH SOLE 60,539 0 0 RET ETN EQUITY BECTON DICKINSON & CO COMMON STOCKS 075887109 12,840 163,443 SH SOLE 163,443 0 0 BED BATH & BEYOND INC COMMON STOCKS 075896100 14,690 233,176 SH SOLE 233,176 0 0 BERKSHIRE HATHAWAY INC CL A COMMON STOCKS 084670108 398 3 SH SOLE 3 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW COMMON STOCKS 084670702 375 4,250 SH SOLE 4,250 0 0 BLACKBAUD INC COMMON STOCKS 09227Q100 37,913 1,584,979 SH SOLE 1,584,979 0 0 BRITISH AMERICAN TOBACCO PLC COMMON STOCKS 110448107 651 6,341 SH SOLE 6,341 0 0 SPONSORED ADR BROWN & BROWN INC COMMON STOCKS 115236101 57,099 2,190,212 SH SOLE 2,190,212 0 0 BROWN FORMAN CORP CL B COMMON STOCKS 115637209 3,633 55,683 SH SOLE 55,683 0 0 C H ROBINSON WORLDWIDE INC COMMON STOCKS 12541W209 16,126 275,277 SH SOLE 275,277 0 0 CNOOC LIMITED SPONSORED ADR COMMON STOCKS 126132109 1,228 6,059 SH SOLE 6,059 0 0 CRH PLC COMMON STOCKS 12626K203 886 46,128 SH SOLE 46,128 0 0 CABOT MICROELECTRONICS CORP COMMON STOCKS 12709P103 52,489 1,493,703 SH SOLE 1,493,703 0 0 CAMERON INTERNATIONAL CORP COMMON STOCKS 13342B105 2,075 37,013 SH SOLE 37,013 0 0 CARBO CERAMICS INC COMMON STOCKS 140781105 26,113 415,016 SH SOLE 415,016 0 0 CASS INFORMATION SYSTEMS INC COMMON STOCKS 14808P109 39,503 941,220 SH SOLE 941,220 0 0 CHEFS WHSE INC COM COMMON STOCKS 163086101 13,627 831,957 SH SOLE 831,957 0 0 CHEVRON CORPORATION COMMON STOCKS 166764100 306 2,625 SH SOLE 2,625 0 0 CHINA MOBILE LTD SPONSORED ADR COMMON STOCKS 16941M109 1,061 19,157 SH SOLE 19,157 0 0 CHUNGHWA TELECOM COM LTD SPON ADR NEW COMMON STOCKS 17133Q502 679 21,387 SH SOLE 21,387 0 0 CHURCH & DWIGHT CO COMMON STOCKS 171340102 20,307 376,118 SH SOLE 376,118 0 0 CLARCOR INC COMMON STOCKS 179895107 50,400 1,129,294 SH SOLE 1,129,294 0 0 COACH INC COMMON STOCKS 189754104 18,088 322,876 SH SOLE 322,876 0 0 COCA-COLA CO COMMON STOCKS 191216100 36,203 954,476 SH SOLE 954,476 0 0 COGNEX CORP COM COMMON STOCKS 192422103 14,032 405,779 SH SOLE 405,779 0 0 COHEN & STEERS INC COMMON STOCKS 19247A100 55,231 1,864,648 SH SOLE 1,864,648 0 0 COLGATE-PALMOLIVE COMPANY COMMON STOCKS 194162103 21,581 201,281 SH SOLE 201,281 0 0 COMPUTER PROGRAMS AND SYSTEMS INC COMMON STOCKS 205306103 61,461 1,106,416 SH SOLE 1,106,416 0 0 COPART INC COMMON STOCKS 217204106 118,353 4,268,377 SH SOLE 4,268,377 0 0 CORPORATE EXECUTIVE BOARD CO COMMON STOCKS 21988R102 49,645 925,702 SH SOLE 925,702 0 0 COSTCO WHOLESALE CORP COMMON STOCKS 22160K105 21,022 209,880 SH SOLE 209,880 0 0 DANAHER CORP COMMON STOCKS 235851102 13,248 240,222 SH SOLE 240,222 0 0 DEERE & CO COMMON STOCKS 244199105 7,350 89,123 SH SOLE 89,123 0 0 DENTSPLY INTERNATIONAL INC COMMON STOCKS 249030107 3,640 95,430 SH SOLE 95,430 0 0 DIAGEO PLC SPONSORED ADR COMMON STOCKS 25243Q205 10,768 95,522 SH SOLE 95,522 0 0 DIGITAL REALTY TRUST INC COMMON STOCKS 253868103 8,380 119,977 SH SOLE 119,977 0 0 DONALDSON INC COMMON STOCKS 257651109 18,824 542,317 SH SOLE 542,317 0 0
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- DOVER CORP COMMON STOCKS 260003108 297 5,000 SH SOLE 5,000 0 0 DRESSER-RAND GROUP INC COMMON STOCKS 261608103 24,873 451,337 SH SOLE 451,337 0 0 EQT CORPORATION COMMON STOCKS 26884L109 2,901 49,164 SH SOLE 49,164 0 0 EATON VANCE CORP COMMON STOCKS 278265103 60,665 2,094,778 SH SOLE 2,094,778 0 0 EMERSON ELEC CO COMMON STOCKS 291011104 23,114 478,845 SH SOLE 478,845 0 0 ENTERTAINMENT PROPERTIES TRUST COMMON STOCKS 29380T105 29,988 674,948 SH SOLE 674,948 0 0 EQUIFAX INC COMMON STOCKS 294429105 1,729 37,115 SH SOLE 37,115 0 0 EXPEDITORS INTERNATIONAL OF COMMON STOCKS 302130109 28,568 785,917 SH SOLE 785,917 0 0 WASHINGTON INC EXPONENT INC COMMON STOCKS 30214U102 69,762 1,221,966 SH SOLE 1,221,966 0 0 EXXON MOBIL CORPORATION COMMON STOCKS 30231G102 17,483 191,171 SH SOLE 191,171 0 0 FLIR SYSTEMS INC COMMON STOCKS 302445101 11,088 555,068 SH SOLE 555,068 0 0 FMC TECHNOLOGIES INC COMMON STOCKS 30249U101 1,649 35,626 SH SOLE 35,626 0 0 FACTSET RESEARCH SYSTEMS INC COMMON STOCKS 303075105 84,993 881,489 SH SOLE 881,489 0 0 FASTENAL COMPANY COMMON STOCKS 311900104 15,414 358,542 SH SOLE 358,542 0 0 FEDERATED INVESTORS INC CL B COMMON STOCKS 314211103 71,240 3,443,208 SH SOLE 3,443,208 0 0 FEDEX CORP COMMON STOCKS 31428X106 457 5,400 SH SOLE 5,400 0 0 FINANCIAL ENGINES INC COM COMMON STOCKS 317485100 10,376 435,699 SH SOLE 435,699 0 0 FIRST CASH FINL SVCS INC COM COMMON STOCKS 31942D107 69,338 1,507,026 SH SOLE 1,507,026 0 0 FORRESTER RESEARCH INC COM COMMON STOCKS 346563109 2,881 100,152 SH SOLE 100,152 0 0 FRANKLIN RESOURCES INC COMMON STOCKS 354613101 13,920 111,299 SH SOLE 111,299 0 0 GARTNER GROUP INC NEW CL A COMMON STOCKS 366651107 1,799 39,029 SH SOLE 39,029 0 0 GENERAL ELECTRIC COMPANY COMMON STOCKS 369604103 861 37,909 SH SOLE 37,909 0 0 GENUINE PARTS CO COMMON STOCKS 372460105 7,880 129,123 SH SOLE 129,123 0 0 GLAXOSMITHKLINE ADR COMMON STOCKS 37733W105 959 20,733 SH SOLE 20,733 0 0 GRACO INC COMMON STOCKS 384109104 56,501 1,123,728 SH SOLE 1,123,728 0 0 HAEMONETICS CORP COMMON STOCKS 405024100 74,202 925,208 SH SOLE 925,208 0 0 HEARTLAND EXPRESS INC COMMON STOCKS 422347104 3,823 286,146 SH SOLE 286,146 0 0 HEICO CORPORATION CL A COMMON STOCKS 422806208 10,775 353,148 SH SOLE 353,148 0 0 HEINZ H J COMPANY COMMON STOCKS 423074103 12,331 220,396 SH SOLE 220,396 0 0 JACK HENRY & ASSOCIATES INC COMMON STOCKS 426281101 166,478 4,398,362 SH SOLE 4,398,362 0 0 HERSHEY FOODS CORP COMMON STOCKS 427866108 397 5,600 SH SOLE 5,600 0 0 HIBBETT SPORTS INC COM COMMON STOCKS 428567101 5,892 99,115 SH SOLE 99,115 0 0 HILLENBRAND INC COMMON STOCKS 431571108 66,928 3,679,394 SH SOLE 3,679,394 0 0 HITTITE MICROWAVE CORP COMMON STOCKS 43365Y104 95,608 1,723,601 SH SOLE 1,723,601 0 0 HORMEL FOODS CORP COMMON STOCKS 440452100 9,104 311,351 SH SOLE 311,351 0 0 ILLINOIS TOOL WORKS INC COMMON STOCKS 452308109 479 8,058 SH SOLE 8,058 0 0 INTERNATIONAL BUSINESS MACHINES CO COMMON STOCKS 459200101 732 3,530 SH SOLE 3,530 0 0 INTERNATIONAL FLAVORS AND FRAGRANCES COMMON STOCKS 459506101 10,000 167,839 SH SOLE 167,839 0 0 INC INTUIT INC COMMON STOCKS 461202103 1,981 33,638 SH SOLE 33,638 0 0 INTUITIVE SURGICAL INC COMMON STOCKS 46120E602 22,949 46,303 SH SOLE 46,303 0 0 ISHARES MSCI BRIC INDEX FUND ETF/ISHARE - 464286657 310 8,209 SH SOLE 8,209 0 0 EQUITY ISHARES MSCI SINGAPORE INDEX FUND ETF/ISHARE - 464286673 2,173 162,059 SH SOLE 162,059 0 0 EQUITY ISHARES MSCI TAIWAN INDEX FUND ETF/ISHARE - 464286731 1,000 74,774 SH SOLE 74,774 0 0 EQUITY ISHARES MSCI MALAYSIA INDEX FUND ETF/ISHARE - 464286830 2,224 152,612 SH SOLE 152,612 0 0 EQUITY ISHARES FTSE/XINHUA CHINA 25 INDEX ETF/ISHARE - 464287184 403 11,640 SH SOLE 11,640 0 0 FUND EQUITY ISHARES S&P 500 INDEX FUND ETF/ISHARE - 464287200 2,047 14,176 SH SOLE 14,176 0 0 EQUITY ISHARES BARCLAYS AGGREGATE BOND FUND ETF/ISHARE - 464287226 512 4,554 SH SOLE 4,554 0 0 FIXED ISHARES MSCI EMERGING MARKETS INDEX ETF/ISHARE - 464287234 2,659 64,339 SH SOLE 64,339 0 0 FUND EQUITY ISHARES IBOXX INVESTMENT GRADE ETF/ISHARE - 464287242 811 6,656 SH SOLE 6,656 0 0 CORPORATE BD FIXED
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- ISHARES MSCI EAFE INDEX FUND ETF/ISHARE - 464287465 2,261 42,651 SH SOLE 42,651 0 0 EQUITY ISHARES RUSSELL MIDCAP VALUE INDEX ETF/ISHARE - 464287473 273 5,610 SH SOLE 5,610 0 0 FUND EQUITY ISHARES RUSSELL MIDCAP INDEX FUND ETF/ISHARE - 464287499 4,736 42,766 SH SOLE 42,766 0 0 EQUITY ISHARES NASDAQ BIOTECHNOLOGY INDEX ETF/ISHARE - 464287556 615 4,315 SH SOLE 4,315 0 0 FUND EQUITY ISHARES COHEN & STEERS REALTY MAJ ETF/ISHARE - 464287564 4,576 58,783 SH SOLE 58,783 0 0 INDEX FD EQUITY ISHARES RUSSELL 1000 VALUE INDEX FUND ETF/ISHARE - 464287598 2,144 29,708 SH SOLE 29,708 0 0 EQUITY ISHARES RUSSELL 1000 GROWTH INDEX ETF/ISHARE - 464287614 5,396 80,896 SH SOLE 80,896 0 0 FUND EQUITY ISHARES RUSSELL 1000 INDEX FUND ETF/ISHARE - 464287622 2,256 28,382 SH SOLE 28,382 0 0 EQUITY ISHARES RUSSELL 2000 INDEX FUND ETF/ISHARE - 464287655 1,303 15,620 SH SOLE 15,620 0 0 EQUITY ISHARES RUSSELL 3000 GROWTH INDEX ETF/ISHARE - 464287671 201 3,695 SH SOLE 3,695 0 0 FUND EQUITY ISHARES RUSSELL 3000 INDEX FUND ETF/ISHARE - 464287689 820 9,665 SH SOLE 9,665 0 0 EQUITY ISHARES DJ US HEALTHCARE SEC INDEX FD ETF/ISHARE - 464287762 1,006 11,892 SH SOLE 11,892 0 0 EQUITY ISHARES S&P CALIFORNIA MUNICIPAL ETF/ISHARE - 464288356 2,198 18,872 SH SOLE 18,872 0 0 BOND FUND FIXED ISHARES S&P NATL AMT-FREE MUNI BOND ETF/ISHARE - 464288414 750 6,695 SH SOLE 6,695 0 0 FUND FIXED ISHARES IBOXX HIGH YLD CORPORATE ETF/ISHARE - 464288513 4,291 46,488 SH SOLE 46,488 0 0 BOND FD FIXED ISHARES BARCLAYS MBS BOND FUND ETF/ISHARE - 464288588 1,321 12,100 SH SOLE 12,100 0 0 FIXED ISHARES BARCLAYS INTERMEDIATE GOV ETF/ISHARE - 464288612 459 4,062 SH SOLE 4,062 0 0 CREDIT BD FIXED ISHARES BARCLAYS INTERMEDIATE CREDIT ETF/ISHARE - 464288638 381 3,415 SH SOLE 3,415 0 0 BD FD FIXED ISHARES BARCLAYS 1-3YR CREDIT BOND ETF/ISHARE - 464288646 2,174 20,552 SH SOLE 20,552 0 0 FUND FIXED ISHARES S&P GLOBAL UTILITIES ETF/ISHARE - 464288711 1,742 41,310 SH SOLE 41,310 0 0 EQUITY JPMORGAN CHASE & CO COMMON STOCKS 46625H100 364 9,004 SH SOLE 9,004 0 0 JPMORGAN ALERIAN MLP INDEX ETN ETF/ISHARE - 46625H365 3,264 80,708 SH SOLE 80,708 0 0 EQUITY JOHNSON & JOHNSON COMMON STOCKS 478160104 13,856 201,068 SH SOLE 201,068 0 0 KAYNE ANDERSON MLP INVT CO ETF/ISHARE - 486606106 28,030 897,255 SH SOLE 897,255 0 0 EQUITY KAYNE ANDERSON ENERGY TOT RET FD ETF/ISHARE - 48660P104 4,019 145,451 SH SOLE 145,451 0 0 EQUITY KAYNE ANDERSON ENERGY DEV CO ETF/ISHARE - 48660Q102 3,301 123,998 SH SOLE 123,998 0 0 EQUITY KAYNE ANDERSON MDSTM ENERGY COM ETF/ISHARE - 48661E108 2,835 96,664 SH SOLE 96,664 0 0 EQUITY KIMBERLY CLARK CORPORATION COMMON STOCKS 494368103 8,291 96,653 SH SOLE 96,653 0 0 LANDSTAR SYSTEM INC COMMON STOCKS 515098101 113,162 2,393,447 SH SOLE 2,393,447 0 0 LEGAL & GENERAL GROUP PLC SPONSORED COMMON STOCKS 52463H103 951 89,295 SH SOLE 89,295 0 0 ADR LINCOLN ELECTRIC HOLDINGS INC COMMON STOCKS 533900106 64,877 1,661,372 SH SOLE 1,661,372 0 0 LINEAR TECHNOLOGY CORP COMMON STOCKS 535678106 1,949 61,262 SH SOLE 61,262 0 0 LORILLARD INC COMMON STOCKS 544147101 15,099 129,659 SH SOLE 129,659 0 0 LOWES COMPANIES INC COMMON STOCKS 548661107 8,216 271,695 SH SOLE 271,695 0 0
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- MSC INDUSTRIAL DIRECT CO INC - A COMMON STOCKS 553530106 35,866 531,665 SH SOLE 531,665 0 0 MSCI INC CL A COMMON STOCKS 55354G100 7,494 209,401 SH SOLE 209,401 0 0 MAKITA CORP ADR COMMON STOCKS 560877300 1,985 51,417 SH SOLE 51,417 0 0 MATTEL INC COMMON STOCKS 577081102 11,427 322,173 SH SOLE 322,173 0 0 MCDONALDS CORP COMMON STOCKS 580135101 15,083 164,392 SH SOLE 164,392 0 0 MEAD JOHNSON NUTRITION CO COM CL A COMMON STOCKS 582839106 1,900 25,927 SH SOLE 25,927 0 0 MERCADOLIBRE INC COM COMMON STOCKS 58733R102 14,732 178,456 SH SOLE 178,456 0 0 MERCK & COMPANY COMMON STOCKS 58933Y105 460 10,202 SH SOLE 10,202 0 0 MESA LABS INC COM COMMON STOCKS 59064R109 2,170 44,862 SH SOLE 44,862 0 0 MICROS SYS INC COMMON STOCKS 594901100 1,309 26,621 SH SOLE 26,621 0 0 MICROSOFT CORP COMMON STOCKS 594918104 17,287 580,889 SH SOLE 580,889 0 0 MICROCHIP TECHNOLOGY INC COMMON STOCKS 595017104 22,959 701,238 SH SOLE 701,238 0 0 MONRO MUFFLER BRAKE INC COM COMMON STOCKS 610236101 6,112 173,688 SH SOLE 173,688 0 0 MONSTER BEVERAGE CORP COM COMMON STOCKS 611740101 1,287 23,799 SH SOLE 23,799 0 0 MORNINGSTAR INC COMMON STOCKS 617700109 9,333 149,001 SH SOLE 149,001 0 0 NVE CORP COM NEW COMMON STOCKS 629445206 8,954 151,275 SH SOLE 151,275 0 0 NATIONAL BEVERAGE CORP COM COMMON STOCKS 635017106 30,776 2,030,062 SH SOLE 2,030,062 0 0 NATIONAL GRID PLC SPON ADR COMMON STOCKS 636274300 621 11,222 SH SOLE 11,222 0 0 NATIONAL INSTRUMENTS CORPORATION COMMON STOCKS 636518102 11,437 455,133 SH SOLE 455,133 0 0 NATIONAL INTERSTATE CORP COM COMMON STOCKS 63654U100 6,428 249,138 SH SOLE 249,138 0 0 NATIONAL-OILWELL VARCO INC COMMON STOCKS 637071101 35,128 438,494 SH SOLE 438,494 0 0 NATIONAL RESEARCH CORP COMMON STOCKS 637372103 14,768 293,781 SH SOLE 293,781 0 0 NIKE INC CL B COMMON STOCKS 654106103 17,686 186,349 SH SOLE 186,349 0 0 NORDSON CORP COMMON STOCKS 655663102 11,718 200,140 SH SOLE 200,140 0 0 NOVARTIS AG ADR COMMON STOCKS 66987V109 10,638 173,648 SH SOLE 173,648 0 0 OMNICOM GROUP COMMON STOCKS 681919106 9,126 176,993 SH SOLE 176,993 0 0 OMEGA FLEX INC COMMON STOCKS 682095104 2,068 194,934 SH SOLE 194,934 0 0 ORACLE CORP COMMON STOCKS 68389X105 18,010 572,466 SH SOLE 572,466 0 0 OWENS & MINOR INC COMMON STOCKS 690732102 127,725 4,274,587 SH SOLE 4,274,587 0 0 PNC FINANCIAL CORP COMMON STOCKS 693475105 14,782 234,258 SH SOLE 234,258 0 0 PPG INDUSTRIES INC COMMON STOCKS 693506107 10,106 87,998 SH SOLE 87,998 0 0 PEPSICO INC COMMON STOCKS 713448108 995 14,053 SH SOLE 14,053 0 0 PERRIGO COMPANY COMMON STOCKS 714290103 15,870 136,611 SH SOLE 136,611 0 0 PETSMART INC COMMON STOCKS 716768106 1,416 20,523 SH SOLE 20,523 0 0 PLAINS ALL AMER PIPELINE L UNIT L P COMMON STOCKS 726503105 399 4,528 SH SOLE 4,528 0 0 INT POOL CORP COMMON STOCKS 73278L105 82,234 1,977,725 SH SOLE 1,977,725 0 0 PRAXAIR INC COMMON STOCKS 74005P104 18,499 178,079 SH SOLE 178,079 0 0 PRECISION CASTPARTS CORP COM COMMON STOCKS 740189105 11,307 69,225 SH SOLE 69,225 0 0 T ROWE PRICE GROUP INC COMMON STOCKS 74144T108 26,093 412,208 SH SOLE 412,208 0 0 PRICELINE INC COMMON STOCKS 741503403 14,622 23,619 SH SOLE 23,619 0 0 PRICESMART INC COM COMMON STOCKS 741511109 12,071 159,412 SH SOLE 159,412 0 0 PROCTER & GAMBLE COMPANY COMMON STOCKS 742718109 909 13,105 SH SOLE 13,105 0 0 QUALCOMM INC COMMON STOCKS 747525103 27,968 447,708 SH SOLE 447,708 0 0 QUESTAR CORP COM COMMON STOCKS 748356102 9,729 478,534 SH SOLE 478,534 0 0 RLI CORP COMMON STOCKS 749607107 104,192 1,563,041 SH SOLE 1,563,041 0 0 RBC BEARINGS INC COMMON STOCKS 75524B104 50,689 1,053,830 SH SOLE 1,053,830 0 0 REALTY INCOME CORP COMMON STOCKS 756109104 992 24,256 SH SOLE 24,256 0 0 REED ELSEVIER N V SPONS ADR COMMON STOCKS 758204200 1,653 62,092 SH SOLE 62,092 0 0 RIO TINTO PLC SPONSORED ADR COMMON STOCKS 767204100 799 17,082 SH SOLE 17,082 0 0 ROCKWELL COLLINS INC COMMON STOCKS 774341101 1,658 30,914 SH SOLE 30,914 0 0 ROLLINS INC COMMON STOCKS 775711104 30,520 1,304,845 SH SOLE 1,304,845 0 0 ROPER INDUSTRIES INC COMMON STOCKS 776696106 18,200 165,619 SH SOLE 165,619 0 0 ROSS STORES INC COMMON STOCKS 778296103 39,085 605,128 SH SOLE 605,128 0 0 ROYAL DUTCH SHELL PLC SPONSORED ADR B COMMON STOCKS 780259107 937 13,137 SH SOLE 13,137 0 0 ROYAL DUTCH SHELL PLC SPONSORED ADR A COMMON STOCKS 780259206 2,007 28,912 SH SOLE 28,912 0 0 SPDR GOLD TRUST ETF/ISHARE - 78463V107 8,812 51,265 SH SOLE 51,265 0 0 EQUITY SALESFORCE.COM INC COMMON STOCKS 79466L302 7,565 49,542 SH SOLE 49,542 0 0 SANOFI-AVENTIS SPON ADR COMMON STOCKS 80105N105 1,995 46,333 SH SOLE 46,333 0 0
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- SAP AG SPONSORED ADR COMMON STOCKS 803054204 1,888 26,464 SH SOLE 26,464 0 0 SCANSOURCE INC COMMON STOCKS 806037107 8,283 258,671 SH SOLE 258,671 0 0 SCHLUMBERGER LIMITED COMMON STOCKS 806857108 18,130 250,655 SH SOLE 250,655 0 0 SHIN-ETSU CHEMICAL CO LTD ADR COMMON STOCKS 824551105 1,593 112,958 SH SOLE 112,958 0 0 SIGMA ALDRICH CORP COMMON STOCKS 826552101 22,475 312,272 SH SOLE 312,272 0 0 SILGAN HOLDINGS INC COMMON STOCKS 827048109 12,030 276,499 SH SOLE 276,499 0 0 SIRONA DENTAL SYSTEMS INC COM COMMON STOCKS 82966C103 45,130 792,314 SH SOLE 792,314 0 0 SOLARWINDS INC COM COMMON STOCKS 83416B109 1,513 27,144 SH SOLE 27,144 0 0 STATE STREET CORP COMMON STOCKS 857477103 391 9,320 SH SOLE 9,320 0 0 STERICYCLE INC COMMON STOCKS 858912108 1,951 21,564 SH SOLE 21,564 0 0 SYNGENTA AG ADR COMMON STOCKS 87160A100 443 5,913 SH SOLE 5,913 0 0 SYNTEL INC COMMON STOCKS 87162H103 57,415 919,970 SH SOLE 919,970 0 0 SYSCO CORP COMMON STOCKS 871829107 294 9,394 SH SOLE 9,394 0 0 THE TJX COMPANIES INC COMMON STOCKS 872540109 12,605 281,426 SH SOLE 281,426 0 0 TECHNE CORP COMMON STOCKS 878377100 95,629 1,329,291 SH SOLE 1,329,291 0 0 TERADATA CORP COMMON STOCKS 88076W103 15,662 207,695 SH SOLE 207,695 0 0 TESCO PLC SPONSORED ADR COMMON STOCKS 881575302 742 46,156 SH SOLE 46,156 0 0 TEVA PHARMACEUTICAL INDS ADR COMMON STOCKS 881624209 1,574 38,005 SH SOLE 38,005 0 0 3M COMPANY COMMON STOCKS 88579Y101 13,418 145,184 SH SOLE 145,184 0 0 TORO CO COMMON STOCKS 891092108 64,951 1,632,745 SH SOLE 1,632,745 0 0 TOTAL SA SPONSORED ADR COMMON STOCKS 89151E109 2,629 52,485 SH SOLE 52,485 0 0 THE TRAVELERS COMPANIES INC COMMON STOCKS 89417E109 15,551 227,814 SH SOLE 227,814 0 0 U S BANCORP COMMON STOCKS 902973304 11,288 329,088 SH SOLE 329,088 0 0 ULTA SALON COSMETCS & FRAG ICOM COMMON STOCKS 90384S303 1,465 15,215 SH SOLE 15,215 0 0 UNILEVER N V ADR COMMON STOCKS 904784709 1,451 40,890 SH SOLE 40,890 0 0 UNION PACIFIC CORPORATION COMMON STOCKS 907818108 13,048 109,927 SH SOLE 109,927 0 0 VCA ANTECH INC COMMON STOCKS 918194101 7,197 364,956 SH SOLE 364,956 0 0 VF CORPORATION COMMON STOCKS 918204108 11,022 69,164 SH SOLE 69,164 0 0 VANGUARD EMERGING MARKETS ETF ETF/ISHARE - 922042858 9,684 232,107 SH SOLE 232,107 0 0 EQUITY VARIAN MEDICAL SYSTEMS INC COMMON STOCKS 92220P105 2,881 47,755 SH SOLE 47,755 0 0 VERSUS TECHNOLOGY INC COMMON STOCKS 925313108 6 100,000 SH SOLE 100,000 0 0 VISA INC CL A COMMON STOCKS 92826C839 25,519 190,042 SH SOLE 190,042 0 0 VODAFONE GROUP INC COMMON STOCKS 92857W209 1,188 41,699 SH SOLE 41,699 0 0 WD-40 COMPANY COMMON STOCKS 929236107 66,380 1,261,026 SH SOLE 1,261,026 0 0 WAL MART STORES INC COMMON STOCKS 931142103 1,561 21,156 SH SOLE 21,156 0 0 WALGREEN COMPANY COMMON STOCKS 931422109 683 18,739 SH SOLE 18,739 0 0 WATERS CORP COMMON STOCKS 941848103 22,485 269,831 SH SOLE 269,831 0 0 WELLS FARGO & CO COMMON STOCKS 949746101 272 7,870 SH SOLE 7,870 0 0 WESTAMERICA BANCORPORATION COMMON STOCKS 957090103 39,136 831,800 SH SOLE 831,800 0 0 JOHN WILEY & SONS COMMON STOCKS 968223206 73,526 1,600,121 SH SOLE 1,600,121 0 0 WOLVERINE WORLD WIDE INC COMMON STOCKS 978097103 13,408 302,175 SH SOLE 302,175 0 0 WORLD FUEL SERVICES CORPORATION COMMON STOCKS 981475106 59,811 1,679,603 SH SOLE 1,679,603 0 0 XILINX INC COMMON STOCKS 983919101 22,009 658,742 SH SOLE 658,742 0 0 YOUNG INNOVATIONS INC COMMON STOCKS 987520103 19,227 491,742 SH SOLE 491,742 0 0 ACCENTURE PLC CL A COMMON STOCKS G1151C101 15,916 227,279 SH SOLE 227,279 0 0 CLICKSOFTWARE TECHNOLOGIES LTD COMMON STOCKS M25082104 4,202 545,703 SH SOLE 545,703 0 0 CORE LABORATORIES N V COMMON STOCKS N22717107 25,216 207,572 SH SOLE 207,572 0 0 STEINER LEISURE LIMITED COMMON STOCKS P8744Y102 25,061 538,373 SH SOLE 538,373 0 0