0001134007-12-000017.txt : 20121114 0001134007-12-000017.hdr.sgml : 20121114 20121114160514 ACCESSION NUMBER: 0001134007-12-000017 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121114 DATE AS OF CHANGE: 20121114 EFFECTIVENESS DATE: 20121114 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: 121204417 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 r03q12.txt NCG 3Q12 13 F FILING UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter ended: September 30, 2012 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 November 14, 2012 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: 154 Form 13F Information Table Value Total: 2,483,551 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 Abiomed Inc COM 003654100 44778 2133295SH Sole 1042273 0 1091022 Acacia Research - Acacia Tec COM 003881307 14376 524496SH Sole 262234 0 262262 Acquity Group COM 00489C103 3554 363000SH Sole 151301 0 211699 Advisory Board Co (The) COM 00762W107 43775 915229SH Sole 573236 0 341993 Akorn Inc COM 009728106 59495 4500382SH Sole 2564313 0 1936069 Alexion Pharmaceuticals, Inc. COM 015351109 3333 29138SH Sole 22774 0 6364 Amazon.Com COM 023135106 6477 25467SH Sole 20600 0 4867 American Vanguard Corp COM 030371108 11311 325028SH Sole 135329 0 189699 Angie's List COM 034754101 4030 380900SH Sole 158932 0 221968 Annie's Inc COM 03600T104 9899 220758SH Sole 91944 0 128814 Ansys Inc COM 03662Q105 4077 55548SH Sole 55548 0 0 Apple Computer Inc COM 037833100 11160 16725SH Sole 13514 0 3211 Arctic Cat Inc COM 039670104 10072 242935SH Sole 101148 0 141787 Astronics Corp COM 046433108 8348 271030SH Sole 112758 0 158272 AthenaHealth Inc COM 04685W103 42661 464870SH Sole 232497 0 232373 B/E Aerospace, Inc. COM 073302101 24999 593798SH Sole 405915 0 187883 BJ's Restaurant, Inc. COM 09180C106 45511 1003554SH Sole 567056 0 436498 Bankrate Inc COM 06647F102 5438 349027SH Sole 349027 0 0 Biogen Idec Inc. COM 09062X103 2108 14124SH Sole 10982 0 3142 Black Diamond Inc COM 09202G101 3080 351188SH Sole 146288 0 204900 Boeing Co COM 097023105 5472 78605SH Sole 63943 0 14662 Brightcove COM 10921T101 4428 379119SH Sole 157806 0 221313 Broadcom Corporation COM 111320107 5029 145437SH Sole 118434 0 27003 Buffalo Wild Wings Inc. COM 119848109 36787 429055SH Sole 233115 0 195940 Catamaran Corp COM 148887102 13662 139451SH Sole 139451 0 0 Caterpillar Inc COM 149123101 1496 17385SH Sole 14072 0 3313 Celgene Corporation COM 151020104 4447 58211SH Sole 45288 0 12923 Centene Corp COM 15135B101 7161 191411SH Sole 191411 0 0 Cepheid Inc COM 15670R107 29952 867924SH Sole 433283 0 434641 Chart Industries, Inc. COM 16115Q308 62664 848525SH Sole 447376 0 401149 Chicago Brdg + Iron Co N V COM 167250109 6667 175020SH Sole 175020 0 0 Chipotle Mexican Grill, Inc COM 169656105 5240 16503SH Sole 15459 0 1044 Chuy's Holdings COM 171604101 9519 388199SH Sole 161341 0 226858 Citrix Systems Inc. COM 177376100 50 650SH Sole 650 0 0 Cognizant Tech Solutions COM 192446102 2730 39047SH Sole 31615 0 7432 Concur Technologies Inc COM 206708109 63056 855226SH Sole 499496 0 355730 Cornerstone on Demand COM 21925Y103 34233 1116527SH Sole 557237 0 559290 Costar Group Inc COM 22160N109 49968 612803SH Sole 305779 0 307024 Costco Wholesale Corp COM 22160K105 3967 39625SH Sole 32358 0 7267 Cynosure Inc. COM 232577205 8676 328877SH Sole 136992 0 191885 D R Horton, Inc. COM 23331A109 10623 514703SH Sole 514703 0 0 Demandware COM 24802Y105 7473 235379SH Sole 98181 0 137198 Dexcom Inc COM 252131107 19486 1296477SH Sole 647159 0 649318 Dollar Tree COM 256746108 4532 93878SH Sole 76216 0 17662 EHealth Inc COM 28238P109 3029 161363SH Sole 67366 0 93997 EMC Communications CorporationCOM 268648102 3281 120303SH Sole 97353 0 22950 Ebay, Inc. COM 278642103 6775 139942SH Sole 113975 0 25967 Ellie Mae Inc COM 28849P100 18626 684023SH Sole 385789 0 298234 Eloqua, Inc COM 290139104 5151 260794SH Sole 108419 0 152375 Encore Captial Group COM 292554102 9089 321622SH Sole 133818 0 187804 Endologix Inc COM 29266S106 56406 4081504SH Sole 1998585 0 2082919 Epam Systems COM 29414B104 4916 259536SH Sole 108180 0 151356 Equinix Inc COM 29444U502 5156 25025SH Sole 20240 0 4785 ExactTarget Inc COM 30064K105 7485 309044SH Sole 309044 0 0 Exlservice Holdings Inc. COM 302081104 17946 608331SH Sole 408341 0 199990 F5 Networks Inc COM 315616102 401 3832SH Sole 3832 0 0 Faro Technologies Inc COM 311642102 24536 593799SH Sole 332190 0 261609 Fastenal Co COM 311900104 1701 39558SH Sole 32023 0 7535 Fedex Corporation COM 31428X106 29 344SH Sole 344 0 0 Financial Engines Inc COM 317485100 27494 1153753SH Sole 575260 0 578493 Five Below COM 33829M101 21813 558158SH Sole 278857 0 279301 Fluidigm Corp COM 34385P108 3722 218945SH Sole 91146 0 127799 Fluor Corp COM 343412102 1855 32956SH Sole 27533 0 5423 Fortinet Inc. COM 34959E109 21380 885679SH Sole 570058 0 315621 Francescas Holdings COM 351793104 51087 1662460SH Sole 830263 0 832197 Fresh Market Inc. COM 35804H106 47517 792209SH Sole 461103 0 331106 Google Inc-CL A COM 38259P508 5852 7756SH Sole 6284 0 1472 Graham Corp COM 384556106 8791 486508SH Sole 202322 0 284186 Grand Canyon Education Inc COM 38526M106 41486 1763094SH Sole 858174 0 904920 Guidewire Software COM 40171V100 58935 1898053SH Sole 1073367 0 824686 H&E Equipment Services COM 404030108 15744 1299034SH Sole 647876 0 651158 HMS Holdings Corp COM 40425J101 28657 857210SH Sole 497009 0 360201 Healthstream Inc COM 42222N103 20975 737010SH Sole 483586 0 253424 Heritage-Crystal Clean Inc COM 42726M106 6456 325258SH Sole 135344 0 189914 Hexcel Corp COM 428291108 16192 674098SH Sole 336459 0 337639 Home Away COM 43739Q100 3724 158827SH Sole 158827 0 0 Humana Inc COM 444859102 2937 41862SH Sole 32694 0 9168 Hunt (JB) Transport Services COM 445658107 10157 195171SH Sole 195171 0 0 IPG Photonics Corp COM 44980X109 26686 465732SH Sole 271104 0 194628 Imperva Inc COM 45321L100 49958 1350576SH Sole 648703 0 701873 Innerworkings Inc COM 45773Y105 5520 423977SH Sole 176363 0 247614 Insulet Corp COM 45784P101 8461 392080SH Sole 163194 0 228886 Intuitive Surgical Inc. COM 46120E602 1750 3531SH Sole 2746 0 785 Jive Software COM 47760A108 18222 1159872SH Sole 580141 0 579731 Kansas City Southern COM 485170302 11613 153244SH Sole 141814 0 11430 Kenexa Corporation COM 488879107 6519 142234SH Sole 63352 0 78882 Lennar Corp COM 526057104 3736 107447SH Sole 107447 0 0 LinkedIn Corp A COM 53578A108 3286 27291SH Sole 22138 0 5153 Liquidity Services COM 53635B107 23030 458677SH Sole 282735 0 175942 Liveperson, Inc. COM 538146101 19297 1065525SH Sole 772931 0 292594 Lululemon Athletica Inc COM 550021109 8364 113115SH Sole 113115 0 0 M/I Homes COM 55305B101 11508 595060SH Sole 247940 0 347120 Manitex International COM 563420108 2816 389428SH Sole 163450 0 225978 Market Leader COM 57056R103 6998 1044529SH Sole 435015 0 609514 Marlin Business Services COM 571157106 7459 351667SH Sole 148242 0 203425 Mastercard Inc COM 57636Q104 5362 11877SH Sole 9694 0 2183 Meritage Homes Corp COM 59001A102 54485 1432689SH Sole 715094 0 717595 Michael Kors Holdings COM G60754101 5029 94560SH Sole 76496 0 18064 Millennial Media Inc COM 60040N105 28578 1991505SH Sole 994196 0 997309 Monster Beverage Corp COM 611740101 3868 71410SH Sole 57945 0 13465 Moody's Corp COM 615369105 3257 73735SH Sole 59472 0 14263 Netsuite COM 64118Q107 86030 1348428SH Sole 786674 0 561754 Nike Class B COM 654106103 1622 17093SH Sole 13832 0 3261 Old Dominion Freight Line COM 679580100 43206 1432548SH Sole 715129 0717418.5 Osi Sys Inc COM 671044105 17820 228936SH Sole 114171 0 114765 Palo Alto Networks COM 697435105 3838 62332SH Sole 62332 0 0 Panera Bread Company COM 69840W108 52 304SH Sole 304 0 0 Performant Financial CorporatiCOM 71377E105 4003 375200SH Sole 155937 0 219263 Polaris Industries COM 731068102 5356 66228SH Sole 66228 0 0 Portfolio Recovery AssociationCOM 73640Q105 35791 342729SH Sole 199331 0 143398 Precision Castparts Corp COM 740189105 4721 28901SH Sole 23464 0 5437 Priceline.com COM 741503403 5079 8209SH Sole 6641 0 1568 Procera Networks COM 74269U203 8937 380294SH Sole 158443 0 221851 Qualcomm Inc COM 747525103 6256 100117SH Sole 81046 0 19071 Questcor Pharmaceuticals COM 74835Y101 5156 278703SH Sole 164419 0 114284 RBC Bearnings COM 75524B104 32942 684855SH Sole 341934 0 342921 Ralph Lauren Corp COM 751212101 4382 28974SH Sole 23599 0 5375 Realpage Inc COM 75606N109 15423 682420SH Sole 340791 0 341629 Red Hat Inc COM 756577102 42 743SH Sole 743 0 0 Rentrak Corp COM 760174102 3515 207631SH Sole 86337 0 121294 Responsys Inc COM 761248103 4234 413833SH Sole 172022 0 241811 Rue21 Inc COM 781295100 17823 572171SH Sole 389933 0 182238 SPS Commerce Inc COM 78463M107 15205 395241SH Sole 164455 0 230786 Salesforce.com Inc COM 79466L302 7076 46341SH Sole 37569 0 8772 Salix Pharamaceuticals COM 795435106 48590 1147625SH Sole 666456 0 481169 ServiceNow Inc COM 81762P102 37368 966074SH Sole 572791 0 393283 Solarwinds Inc COM 83416B109 9519 170767SH Sole 170767 0 0 Sourcefire Inc COM 83616T108 31641 645334SH Sole 322509 0 322825 Splunk Inc COM 848637104 49758 1355073SH Sole 787158 0 567915 Stamps.com, Inc. COM 852857200 9714 419787SH Sole 174810 0 244977 Starbucks Corp. COM 855244109 2674 52696SH Sole 42659 0 10037 Stratasys Inc COM 862685104 3314 60926SH Sole 60926 0 0 Syntel Inc COM 87162H103 25217 404047SH Sole 201751 0 202296 Tangoe Inc COM 87582Y108 30306 2308123SH Sole 1090902 0 1217221 Teavana Holdings COM 87819P102 10897 835643SH Sole 417567 0 418076 Teradata Corp COM 88076W103 1756 23283SH Sole 18900 0 4383 Terex Corp COM 880779103 4270 189086SH Sole 189086 0 0 Texas Capital Bancshares COM 88224Q107 32029 644317SH Sole 321395 0 322922 Tile Shop Holdings Inc COM 88677Q109 8758 609012SH Sole 253788 0 355224 Tilly's Inc Class A Shares COM 886885102 5844 318817SH Sole 132825 0 185992 Tractor Supply Co COM 892356106 69 699SH Sole 699 0 0 Tumi Holdings COM 89969Q104 23098 981235SH Sole 490255 0 490980 Ultimate Software Group Inc. COM 90385D107 83318 816047SH Sole 477090 0 338957 Ultra Salon Cosmetics & FragraCOM 90384S303 11070 114943SH Sole 114943 0 0 Under Armour Inc. COM 904311107 8129 145610SH Sole 145610 0 0 Union Pacific Corp COM 907818108 3112 26214SH Sole 21598 0 4616 VMWare Inc COM 928563402 5275 54529SH Sole 44234 0 10295 Visa Inc COM 92826C839 7679 57184SH Sole 46290 0 10894 Vocera Communications COM 92857F107 29019 938832SH Sole 439970 0 498862 Volterra Semiconductor Corp COM 928708106 3530 161423SH Sole 67373 0 94050 Wabash National COM 929566107 28148 3947854SH Sole 1916565 0 2031289 Whole Foods Market Inc COM 966837106 6575 67508SH Sole 54776 0 12732 Zillow COM 98954A107 3467 82191SH Sole 82191 0 0 Magnum Hunter Res - RestrictedCOM 55973G119 0 72682SH Sole 29598 0 43084