-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PtfZ1p6z2Wznrcy+hdQAR5on4Tck99U4YdzWZgiBuHRC+Tmld8YhBawjDq/JBb4o 6jWhV4h7JEyaFiMn+H6j2g== 0001144204-10-039063.txt : 20100723 0001144204-10-039063.hdr.sgml : 20100723 20100722182250 ACCESSION NUMBER: 0001144204-10-039063 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100630 FILED AS OF DATE: 20100723 DATE AS OF CHANGE: 20100722 EFFECTIVENESS DATE: 20100723 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EMERALD ADVISERS INC/PA CENTRAL INDEX KEY: 0001015083 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05618 FILM NUMBER: 10965806 BUSINESS ADDRESS: STREET 1: 1857 WILLIAM PENN WAY STREET 2: SUITE 203 CITY: LANCASTER STATE: PA ZIP: 17601 BUSINESS PHONE: 7173961116 13F-HR 1 v191230_13f-hr.txt 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, 2010 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: Emerald Advisers, Inc. Address: 1703 Oregon Pike Suite 101 Lancaster, PA 17601 Form 13F File Number: 028-05618 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: Kenneth G. Mertz II Title: President Phone: 717-396-1116 Signature, Place, and Date of Signing: /s/ Kenneth G. Mertz II Lancaster, Pennsylvania July 22, 2010 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: None. Form 13F SUMMARY PAGE REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 421 FORM 13F INFORMATION TABLE VALUE TOTAL: $1,072,106 (thousands) List of other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state NONE and omit the column headings and list entries.] NONE EMERALD ADVISERS PAGE 1 FORM 13F INFORMATION TABLE AS OF DATE: 06/30/10
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M COMPANY COM COM 88579Y101 347 4395 SH SOLE 4395 0 0 A T & T INC (NEW) COM 00206R102 1223 50553 SH SOLE 50553 0 0 ABBOTT LABS COM 002824100 426 9117 SH SOLE 9117 0 0 ABINGTON COMMUNITY BANCORP COM 00350L109 2150 246528 SH SOLE 38091 0 208437 ABOVENET INC COM COM 00374N107 8307 176079 SH SOLE 132567 0 43512 ACME PACKET INC COM COM 004764106 5046 187715 SH SOLE 144449 0 43266 ACTUANT CORP CL A NEW COM 00508X203 4725 250943 SH SOLE 188950 0 61993 ADVANCED ENERGY INDS INC COM COM 007973100 3506 285269 SH SOLE 220996 0 64273 AEROPOSTALE INC COM 007865108 222 7750 SH SOLE 0 0 7750 AES CORP COM COM 00130H105 130 14073 SH SOLE 14073 0 0 AIRGAS INC COM COM 009363102 1748 28097 SH SOLE 4800 0 23297 AIRTRAN HLDGS INC COM COM 00949P108 5496 1133096 SH SOLE 867365 0 265731 ALLEGHENY TECHNOLOGIES INC COM COM 01741R102 260 5890 SH SOLE 900 0 4990 ALLIANCE DATA SYS CORP COM COM 018581108 948 15925 SH SOLE 15047 0 878 ALLIED NEVADA GOLD CORP COM COM 019344100 6330 321663 SH SOLE 245474 0 76189 ALTRIA GROUP INC COM COM 02209S103 298 14871 SH SOLE 14871 0 0 AMERICAN EAGLE OUTFITTERS INC. COM 02553E106 3060 260400 SH SOLE 39605 0 220795 AMERICAN EXPRESS CO COM 025816109 233 5864 SH SOLE 5864 0 0 AMERICAN SUPERCONDUCTOR CORPCO COM 030111108 3498 131050 SH SOLE 105866 0 25184 AMERISOURCEBERGEN CORP COM COM 03073E105 8714 274462 SH SOLE 79722 0 194740 AMETEK INC NEW COM COM 031100100 6034 150288 SH SOLE 22870 0 127418 AMGEN INC COM COM 031162100 360 6850 SH SOLE 6850 0 0 AMPCO-PITTSBURG CORP COM COM 032037103 1787 85792 SH SOLE 13066 0 72726 ANSYS INC COM COM 03662Q105 16033 395204 SH SOLE 173042 0 222162 APACHE CORP COM COM 037411105 248 2944 SH SOLE 2944 0 0 APPLE COMPUTER INC COM 037833100 837 3326 SH SOLE 3326 0 0 AQUA AMERICA INC COM 03836W103 3738 211402 SH SOLE 32161 0 179241 ARENA PHARMACEUTICALS INC COM COM 040047102 1418 461835 SH SOLE 347241 0 114594 ARUBA NETWORKS INC COM COM 043176106 10111 710028 SH SOLE 538577 0 171451 ATHEROS COMMUNICATIONS INC COM COM 04743P108 5840 212049 SH SOLE 168571 0 43478 ATLAS AMERICA INC COM COM 049298102 3210 118591 SH SOLE 17175 0 101416 BAKER MICHAEL CORP COM COM 057149106 8347 239157 SH SOLE 42392 0 196765 BANCORP INC DEL COM COM 05969A105 251 32010 SH SOLE 32010 0 0 BANK OF MARIN BANCORP COM COM 063425102 320 10027 SH SOLE 10027 0 0 BANK OF THE OZARKS INC COM COM 063904106 599 16890 SH SOLE 16890 0 0 BE AEROSPACE INC COM COM 073302101 1532 60262 SH SOLE 40120 0 20142 BEACON ROOFING SUPPLY INC COM COM 073685109 3101 172078 SH SOLE 138872 0 33206 BENEFICIAL MUTUAL BANCORP INCO COM 08173R104 1128 114160 SH SOLE 17330 0 96830 BIG LOTS INC COM COM 089302103 1626 50662 SH SOLE 37550 0 13112 BIOMIMETIC THERAPEUTICS INC CO COM 09064X101 5375 483319 SH SOLE 363272 0 120047 BIOSCRIPT INC COM COM 09069N108 6047 1154048 SH SOLE 885193 0 268855 BIO-REFERENCE LABS INC COM PAR COM 09057G602 12744 574834 SH SOLE 439060 0 135774 BJ'S RESTAURANT INC COM 09180C106 6482 274677 SH SOLE 190158 0 84519 BLACK BOX CORP COM COM 091826107 1802 64600 SH SOLE 9835 0 54765 BLUEGREEN CORP COM COM 096231105 2785 925363 SH SOLE 758088 0 167275 BOSTON PRIVATE FINL HLDGS INCO COM 101119105 84 13020 SH SOLE 13020 0 0 BRANDYWINE RLTY TR SH BEN INT COM 105368203 1005 93500 SH SOLE 17500 0 76000 BRIGHAM EXPL CO COM COM 109178103 3823 248602 SH SOLE 187611 0 60991 BRISTOL MYERS SQUIBB CO COM 110122108 441 17678 SH SOLE 17678 0 0 BROADCOM CORP COM COM 111320107 433 13141 SH SOLE 12417 0 724 BROCADE COMMUNICATIONS SYS ICO COM 111621306 652 126404 SH SOLE 119433 0 6971
EMERALD ADVISERS PAGE 2 FORM 13F INFORMATION TABLE AS OF DATE: 06/30/10
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- BRYN MAWR BK CORP COM COM 117665109 2024 120610 SH SOLE 23512 0 97098 BUCYRUS INTL INC NEW CL A COM 118759109 754 15899 SH SOLE 15022 0 877 CABOT CORP COM 127055101 1047 43427 SH SOLE 41032 0 2395 CALGON CARBON CORP COM COM 129603106 1256 94849 SH SOLE 14424 0 80425 CALIFORNIA UTD BK ENCINO CA CO COM 130781107 126 11440 SH SOLE 11440 0 0 CAMERON INTERNATIONAL CORP COM COM 13342B105 827 25434 SH SOLE 24031 0 1403 CAPELLA EDUCATION CO COM 139594105 3806 46791 SH SOLE 35203 0 11588 CARBO CERAMICS INC COM COM 140781105 922 12772 SH SOLE 6452 0 6320 CARDINAL FINL CORP COM COM 14149F109 202 21900 SH SOLE 21900 0 0 CARPENTER TECHNOLOGY CORP COM COM 144285103 2617 79710 SH SOLE 12130 0 67580 CARRIZO OIL & GAS INC COM COM 144577103 497 31990 SH SOLE 11830 0 20160 CASS INFORMATION SYS INC COM COM 14808P109 421 12290 SH SOLE 12290 0 0 CATALYST HEALTH SOLUTIONS INC COM 14888B103 8571 248435 SH SOLE 194911 0 53524 CAVIUM NETWORKS INC COM COM 14965A101 12770 487581 SH SOLE 336772 0 150809 CCFNB BANCORP INC COM COM 124880105 424 16135 SH SOLE 1499 0 14636 CELL THERAPEUTICS INC COM NO P COM 150934503 15 38840 SH SOLE 38840 0 0 CENTERSTATE BANKS INC COM COM 15201P109 360 35700 SH SOLE 35700 0 0 CEPHALON INC COM COM 156708109 2881 50760 SH SOLE 7675 0 43085 CEPHEID COM COM 15670R107 2142 133719 SH SOLE 107142 0 26577 CERNER CORP COM COM 156782104 480 6326 SH SOLE 5977 0 349 CF INDS HLDGS INC COM COM 125269100 847 13350 SH SOLE 12614 0 736 CHARMING SHOPPES INC COM COM 161133103 1701 453501 SH SOLE 69033 0 384468 CHEVRONTEXACO CORPORATION COM 166764100 1156 17032 SH SOLE 17032 0 0 CHICOS FAS INC COM COM 168615102 4046 409476 SH SOLE 308619 0 100857 CHIQUITA BRANDS INTL INC COM COM 170032809 247 20314 SH SOLE 20314 0 0 CHUBB CORP COM 171232101 203 4061 SH SOLE 4061 0 0 CISCO SYS INC COM COM 17275R102 533 25009 SH SOLE 25009 0 0 CITI TRENDS INC COM COM 17306X102 4869 147803 SH SOLE 111170 0 36633 CITIZENS FINL SVCS INC COM COM 174615104 498 18119 SH SOLE 4132 0 13987 CITIZENS & NORTHERN CORP COM COM 172922106 862 80607 SH SOLE 7825 0 72782 CITRIX SYS INC COM COM 177376100 392 9294 SH SOLE 8781 0 513 CLEAN ENERGY FUELS CORP COM COM 184499101 587 39316 SH SOLE 37148 0 2168 CNB FINL CORP PA COM COM 126128107 275 25000 SH SOLE 3782 0 21218 COACH INC COM COM 189754104 1313 35926 SH SOLE 33945 0 1981 COCA COLA CO COM 191216100 543 10833 SH SOLE 10833 0 0 COGNIZANT TECHNLGY SLTNS CORCL COM 192446102 1444 28844 SH SOLE 27264 0 1580 COLGATE PALMOLIVE CO COM 194162103 227 2884 SH SOLE 2884 0 0 COLUMBIA BKG SYS INC COM COM 197236102 3800 208079 SH SOLE 164709 0 43370 COMCAST CORP NEW COM CL A COM 20030N101 343 19737 SH SOLE 19737 0 0 COMMERICAL NATL FINL CORP PACO COM 202217105 376 22405 SH SOLE 2135 0 20270 COMMUNITY BANKERS TR CORP COM COM 203612106 63 28063 SH SOLE 28063 0 0 COMPELLENT TECHNOLOGIES INC CO COM 20452A108 3615 298268 SH SOLE 224084 0 74184 COMSTOCK RES INC COM COM 205768203 333 12030 SH SOLE 2190 0 9840 CONOCOPHILLIPS COM COM 20825C104 534 10883 SH SOLE 10883 0 0 CONSOL ENERGY INC COM COM 20854P109 1542 45690 SH SOLE 6940 0 38750 CONSTELLATION ENERGY GROUP ICO COM 210371100 492 15258 SH SOLE 15258 0 0 CONTINENTAL RESOURCES INC COM COM 212015101 399 8952 SH SOLE 8458 0 494 COOPER TIRE & RUBR CO COM COM 216831107 4894 250989 SH SOLE 188589 0 62400 COST PLUS INC CALIF COM COM 221485105 2221 622178 SH SOLE 504776 0 117402 CREE INC COM COM 225447101 742 12362 SH SOLE 11680 0 682 CROCS INC COM COM 227046109 7108 671800 SH SOLE 512193 0 159607
EMERALD ADVISERS PAGE 3 FORM 13F INFORMATION TABLE AS OF DATE: 06/30/10
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- CROWN HOLDINGS INC COM COM 228368106 5212 208150 SH SOLE 31675 0 176475 CUMMINS ENGINE INC COM COM 231021106 490 7527 SH SOLE 7112 0 415 CVB FINL CORP COM COM 126600105 166 17460 SH SOLE 17460 0 0 CVS CORP COM COM 126650100 335 11414 SH SOLE 11414 0 0 CYPRESS SEMICONDUCTOR CORP COM COM 232806109 767 76381 SH SOLE 72168 0 4213 DALECO RES CORP COM NEW COM 23437P208 124 687500 SH SOLE 0 0 687500 DANVERS BANCORP INC COM COM 236442109 247 17116 SH SOLE 17116 0 0 DARDEN RESTAURANTS INC COM COM 237194105 944 24291 SH SOLE 22951 0 1340 DELCATH SYS INC COM COM 24661P104 2098 330858 SH SOLE 246863 0 83995 DENDREON CORP COM COM 24823Q107 758 23438 SH SOLE 22145 0 1293 DENTSPLY INTL INC NEW COM COM 249030107 2185 73046 SH SOLE 11105 0 61941 DEPOMED INC COM COM 249908104 1225 437463 SH SOLE 353089 0 84374 DEVON ENERGY CORP NEW COM COM 25179M103 207 3394 SH SOLE 3394 0 0 DIAMOND FOODS INC COM 252603105 11680 284187 SH SOLE 216498 0 67689 DICKS SPORTING GOODS INC OC-CO COM 253393102 5436 218383 SH SOLE 58036 0 160347 DIME CMNTY BANCORP INC COM COM 253922108 141 11400 SH SOLE 11400 0 0 DIMECO INC COM COM 25432W104 339 9409 SH SOLE 0 0 9409 DINEEQUITY INC COM 254423106 550 19700 SH SOLE 18614 0 1086 DISNEY WALT PRODTNS COM 254687106 375 11892 SH SOLE 11892 0 0 DONEGAL GROUP INC J CL A COM 257701201 1615 131388 SH SOLE 19974 0 111414 DUPONT FABROS TECHNOLOGY INCCO COM 26613Q106 7435 302740 SH SOLE 234750 0 67990 DYNAVOX INC - CLASS A COM 26817F104 1191 74406 SH SOLE 11313 0 63093 EASTERN INS HLDGS INC COM COM 276534104 2652 249764 SH SOLE 37900 0 211864 EBIX INC COM NEW COM 278715206 4409 281181 SH SOLE 183039 0 98142 ECLIPSYS CORP COM COM 278856109 1401 78518 SH SOLE 64068 0 14450 EDUCATION MANAGEMENT CORP COM 28140M103 3248 213005 SH SOLE 32406 0 180599 EDWARDS LIFESCIENCES CORP COM COM 28176E108 624 11134 SH SOLE 10523 0 611 ENERSYS COM COM 29275Y102 3275 153270 SH SOLE 23320 0 129950 ENVIRONMENTAL TECTONICS CORPCO COM 294092101 780 243835 SH SOLE 23350 0 220485 EQT CORP COM COM 26884L109 3054 84511 SH SOLE 13066 0 71445 EQUINIX INC COM NEW COM 29444U502 1547 19052 SH SOLE 18001 0 1051 ERIE INDTY CO CL A COM 29530P102 1032 22684 SH SOLE 3455 0 19229 ESB FINL CORP COM COM 26884F102 313 23971 SH SOLE 3678 0 20293 ESSA BANCORP INC COM COM 29667D104 875 71100 SH SOLE 10815 0 60285 ESTERLINE TECHNOLOGIES CORP CO COM 297425100 8102 170740 SH SOLE 129731 0 41009 EXACT SCIENCES CORP COM COM 30063P105 1900 431845 SH SOLE 348022 0 83823 EXELON CORP COM COM 30161N101 309 8149 SH SOLE 8149 0 0 EXLSERVICE HOLDINGS INC COM COM 302081104 5538 322551 SH SOLE 245045 0 77506 EXXON CORPORATION COM 30231G102 2252 39454 SH SOLE 39454 0 0 F N B CORP PA COM COM 302520101 2829 352300 SH SOLE 59200 0 293100 F5 NETWORKS INC COM COM 315616102 654 9539 SH SOLE 9013 0 526 FASTENAL CO COM COM 311900104 1024 20411 SH SOLE 19285 0 1126 FIRST CALIFORNIA FINANCIAL GCO COM 319395109 102 38000 SH SOLE 38000 0 0 FIRST CTZNS BANCSHARES NC CL A COM 31946M103 700 3638 SH SOLE 3517 0 121 FIRST FINL BANCORP COM COM 320209109 159 10667 SH SOLE 10667 0 0 FIRST FINL BANCSHARES INC COM COM 32020R109 231 4800 SH SOLE 4800 0 0 FIRST KEYSTONE CORP COM PAR $2 COM 320654205 580 37300 SH SOLE 3610 0 33690 FIRST KEYSTONE FINL INC COM COM 320655103 203 15200 SH SOLE 1340 0 13860 FIRST LONG IS CORP COM COM 320734106 213 8295 SH SOLE 8295 0 0 FIRST NIAGARA FINL GP INC COM COM 33582V108 171 13660 SH SOLE 13660 0 0 FIRSTMERIT CORP COM COM 337915102 179 10473 SH SOLE 10473 0 0
EMERALD ADVISERS PAGE 4 FORM 13F INFORMATION TABLE AS OF DATE: 06/30/10
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- FLOWSERVE CORP COM COM 34354P105 941 11097 SH SOLE 10485 0 612 FORD MTR CO DEL COM PAR $0.01 COM 345370860 373 36960 SH SOLE 36960 0 0 FORMFACTOR INC COM COM 346375108 3864 357754 SH SOLE 273687 0 84067 FOSTER L B CO COM COM 350060109 716 27610 SH SOLE 4170 0 23440 FOX CHASE BANCORP INC NEW COM COM 35137T108 279 29204 SH SOLE 4449 0 24755 FREEPORT MCMORAN COPPER&GOLDCL COM 35671D857 402 6796 SH SOLE 6796 0 0 FULTON FINL CORP PA COM COM 360271100 1136 117703 SH SOLE 23854 0 93849 GENERAL DYNAMICS CORP COM COM 369550108 202 3445 SH SOLE 3445 0 0 GENERAL ELEC CO COM 369604103 583 40436 SH SOLE 40436 0 0 GENWORTH FINL INC COM CL A COM 37247D106 710 54360 SH SOLE 51362 0 2998 GILEAD SCIENCES INC COM COM 375558103 243 7099 SH SOLE 7099 0 0 GLATFELTER P H CO COM COM 377316104 1240 114315 SH SOLE 9373 0 104942 GLEACHER & COMPANY INC COM COM 377341102 41 15933 SH SOLE 15933 0 0 GLOBAL PMTS INC COM COM 37940X102 883 24157 SH SOLE 22825 0 1332 GOLDMAN SACHS GROUP INC COM COM 38141G104 1353 10304 SH SOLE 10304 0 0 GOOGLE INC CL A COM 38259P508 546 1226 SH SOLE 1226 0 0 GRAFTECH INTERNATIONAL LTD INC COM 384313102 2188 149634 SH SOLE 22755 0 126879 GRAHAM PACKAGING CO INC COM COM 384701108 707 59075 SH SOLE 8983 0 50092 GREEN MTN COFFEE ROASTERS INCO COM 393122106 443 17244 SH SOLE 16293 0 951 GSI COMM INC COM COM 36238G102 23821 827119 SH SOLE 425603 0 401516 GUARANTY BANCORP DEL COM COM 40075T102 46 43430 SH SOLE 43430 0 0 GUESS INC COM COM 401617105 710 22712 SH SOLE 21459 0 1253 G-III APPAREL GROUP LTD COM COM 36237H101 7013 306359 SH SOLE 234767 0 71592 HAMLIN BK & TR CO SMETHPORT CO COM 408216109 205 1385 SH SOLE 134 0 1251 HANGER ORTHOPEDIC GROUP INC CO COM 41043F208 1907 106197 SH SOLE 85047 0 21150 HANOVER INS GROUP INC COM COM 410867105 988 22721 SH SOLE 21755 0 966 HARLEYSVILLE GROUP INC COM COM 412824104 2355 75899 SH SOLE 14732 0 61167 HARMONIC INC COM COM 413160102 78 14405 SH SOLE 14405 0 0 HARSCO CORP COM COM 415864107 2357 100300 SH SOLE 15305 0 84995 HEALTHCARE SVCS GROUP INC COM COM 421906108 1243 65600 SH SOLE 10035 0 55565 HEALTHSOUTH CORP COM 421924309 2488 132990 SH SOLE 103010 0 29980 HERBALIFE LTD COM USD SHS COM G4412G101 843 18310 SH SOLE 17300 0 1010 HERLEY INDS COM 427398102 3783 265256 SH SOLE 40189 0 225067 HERSHEY FOODS CORP COM 427866108 493 10281 SH SOLE 9714 0 567 HEWLETT PACKARD CO COM COM 428236103 656 15151 SH SOLE 15151 0 0 HF FINL CORP COM COM 404172108 140 14338 SH SOLE 14338 0 0 HIBBETT SPORTS INC COM COM 428567101 7465 311557 SH SOLE 237271 0 74286 HITTITE MICROWAVE CORP COM 43365Y104 3489 77974 SH SOLE 58384 0 19590 HNI CORPORATION COM 404251100 3342 121132 SH SOLE 90394 0 30738 HOME DEPOT INC COM COM 437076102 237 8450 SH SOLE 8450 0 0 HORSEHEAD HOLDING CORP COM 440694305 8503 1124757 SH SOLE 518623 0 606134 HOVNANIAN ENTERPRISES INC CL A COM 442487203 2695 732390 SH SOLE 546746 0 185644 HUB GROUP INC CL A COM 443320106 10672 355621 SH SOLE 275746 0 79875 HUMAN GENOME SCIENCES INC COM COM 444903108 5414 238943 SH SOLE 169309 0 69634 HUNT J B TRANS SVCS INC COM COM 445658107 397 12144 SH SOLE 11475 0 669 I B M COM 459200101 1207 9773 SH SOLE 9773 0 0 IBERIABANK CORP COM COM 450828108 4866 94517 SH SOLE 73310 0 21207 II-VI INC COM COM 902104108 4416 149039 SH SOLE 22619 0 126420 IMMUNOGEN INC COM COM 45253H101 4429 477788 SH SOLE 366349 0 111439 IMPAX LABORATORIES INC COM COM 45256B101 9162 480698 SH SOLE 273137 0 207561 INDEPENDENT BK CORP MASS COM COM 453836108 227 9190 SH SOLE 9190 0 0
EMERALD ADVISERS PAGE 5 FORM 13F INFORMATION TABLE AS OF DATE: 06/30/10
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- INSPIRE PHARMACEUTICALS INC CO COM 457733103 3317 664771 SH SOLE 509598 0 155173 INTEGRATED DEVICE TECH INC COM COM 458118106 609 123080 SH SOLE 116292 0 6788 INTEL CORP COM COM 458140100 529 27193 SH SOLE 27193 0 0 INTERCONTINENTALEXCHANGE INCCO COM 45865V100 827 7317 SH SOLE 6913 0 404 INTERDIGITAL INC PA COM 45867G101 5377 217763 SH SOLE 33054 0 184709 INTERNET CAPITAL GROUP INC (NE COM 46059C205 4813 633297 SH SOLE 112908 0 520389 INTEROIL CORP COM COM 460951106 284 6389 SH SOLE 6037 0 352 INTUITIVE SURGICAL INC COM NEW COM 46120E602 548 1735 SH SOLE 1639 0 96 IPG PHOTONICS CORP COM 44980X109 6460 424158 SH SOLE 321024 0 103134 ISIS PHARMACEUTICALS COM COM 464330109 2060 215300 SH SOLE 173420 0 41880 ITRON INC COM COM 465741106 356 5758 SH SOLE 5440 0 318 JARDEN CORP COM COM 471109108 1381 51380 SH SOLE 48561 0 2819 JOHNSON & JOHNSON COM 478160104 1163 19686 SH SOLE 19686 0 0 JONES APPAREL GROUP INC COM COM 480074103 1436 90600 SH SOLE 13700 0 76900 JONES LANG LASALLE INC COM COM 48020Q107 590 8983 SH SOLE 8488 0 495 JPMORGAN CHASE & CO COM COM 46625H100 1083 29569 SH SOLE 29569 0 0 JUNIATA VALLEY NATL BK COM COM 482016102 597 34109 SH SOLE 3286 0 30823 KENNAMETAL INC COM COM 489170100 7019 276023 SH SOLE 80259 0 195764 KEYCORP NEW COM COM 493267108 472 61415 SH SOLE 58028 0 3387 KFORCE COM INC COM COM 493732101 5005 392546 SH SOLE 295372 0 97174 KIRKLANDS INC COM COM 497498105 4172 247201 SH SOLE 187050 0 60151 KNOLL INC COM NEW COM 498904200 2688 202230 SH SOLE 30765 0 171465 KOHLS CORP COM COM 500255104 446 9396 SH SOLE 8878 0 518 KOPPERS HOLDINGS INC COM 50060P106 6141 273172 SH SOLE 118007 0 155165 KORN FERRY INTL COM NEW COM 500643200 4374 314670 SH SOLE 225991 0 88679 KRAFT FOODS INC CL A COM 50075N104 250 8918 SH SOLE 8918 0 0 KULICKE & SOFFA INDS INC COM COM 501242101 9338 1330224 SH SOLE 588060 0 742164 LAKELAND FINL CORP COM COM 511656100 233 11678 SH SOLE 11678 0 0 LAUDER ESTEE COS INC CL A COM 518439104 774 13893 SH SOLE 13127 0 766 LIBERTY PPTY TR SH BEN INT COM 531172104 1149 39820 SH SOLE 7100 0 32720 LILLY, ELI AND COMPANY COM 532457108 365 10890 SH SOLE 10890 0 0 LINCOLN NATL CORP COM COM 534187109 677 27861 SH SOLE 26324 0 1537 LOCKHEED MARTIN CORP COM COM 539830109 262 3511 SH SOLE 3511 0 0 LOEWS CORP COM 540424108 231 6929 SH SOLE 6929 0 0 LUBRIZOL CORP COM COM 549271104 1542 19201 SH SOLE 18148 0 1053 LUMBER LIQUIDATORS HOLDINGS IN COM 55003T107 7101 304377 SH SOLE 234197 0 70180 MAIDENFORM BRANDS INC COM COM 560305104 9510 467096 SH SOLE 355169 0 111927 MALVERN FEDERAL BANCORP INC CO COM 561410101 440 52668 SH SOLE 7996 0 44672 MARATHON OIL CORP COM COM 565849106 234 7519 SH SOLE 7519 0 0 MARVELL TECHNOLOGY GROUP ORD COM G5876H105 718 45565 SH SOLE 43052 0 2513 MASSEY ENERGY CORP COM COM 576206106 357 13037 SH SOLE 12318 0 719 MATTHEWS INTL CORP CL A COM 577128101 1966 67146 SH SOLE 10225 0 56921 MCCORMICK & SCHMICKS SEAFD RCO COM 579793100 3638 487623 SH SOLE 380687 0 106936 MCDERMOTT INTL INC COM COM 580037109 763 35222 SH SOLE 33278 0 1944 MCDONALDS CORP COM 580135101 423 6420 SH SOLE 6420 0 0 MEADOWBROOK INS GROUP INC COM COM 58319P108 216 25063 SH SOLE 25063 0 0 MEDASSETS INC COM COM 584045108 4250 184139 SH SOLE 141598 0 42541 MERCK & COMPANY COM 58933Y105 847 24224 SH SOLE 24224 0 0 MET PRO CORP COM COM 590876306 1897 176297 SH SOLE 26799 0 149498 METALICO INC COM COM 591176102 4803 1206897 SH SOLE 923166 0 283731 METTLER-TOLEDO INTL INC COM COM 592688105 604 5408 SH SOLE 5110 0 298
EMERALD ADVISERS PAGE 6 FORM 13F INFORMATION TABLE AS OF DATE: 06/30/10
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- MICROMET INC COM COM 59509C105 3996 640389 SH SOLE 496676 0 143713 MICRON TECHNOLOGY INC COM COM 595112103 966 113801 SH SOLE 107524 0 6277 MICROSEMI CORP COM COM 595137100 9119 623288 SH SOLE 333821 0 289467 MICROSOFT CORP COM COM 594918104 1365 59312 SH SOLE 59312 0 0 MICROSTRATEGY INC NEW CL A COM 594972408 7216 96094 SH SOLE 75121 0 20973 MICRUS ENDOVASCULAR CORP COM COM 59518V102 945 45445 SH SOLE 34542 0 10903 MIDSOUTH BANCORP INC COM COM 598039105 136 10667 SH SOLE 10667 0 0 MIDWESTONE FINANCIAL GROUP INC COM 598511103 170 10950 SH SOLE 10950 0 0 MINDSPEED TECHNOLOGIES INC COM COM 602682205 5981 798531 SH SOLE 610406 0 188125 MINE SAFETY APPLIANCES CO COM 602720104 2275 91810 SH SOLE 13920 0 77890 MONOLITHIC PWR SYS INC COM COM 609839105 5000 279938 SH SOLE 210159 0 69779 MONSTER WORLDWIDE INC COM COM 611742107 239 20520 SH SOLE 0 0 20520 MORGAN STANLEY DEAN WITTER COM COM 617446448 216 9292 SH SOLE 9292 0 0 MWI VETERINARY SUPPLY INC COM COM 55402X105 13264 263916 SH SOLE 193924 0 69992 MYLAN LABS INC COM COM 628530107 4272 250710 SH SOLE 38110 0 212600 NAVISTAR INTL CORP NEW COM COM 63934E108 742 15079 SH SOLE 14247 0 832 NETAPP INC COM 64110D104 856 22942 SH SOLE 21677 0 1265 NETLOGIC MICROSYSTEMS INC COM COM 64118B100 7840 288236 SH SOLE 220884 0 67352 NEWMARKET CORP COM COM 651587107 4507 51618 SH SOLE 39246 0 12372 NEWMONT MNG CORP COM 651639106 258 4186 SH SOLE 4186 0 0 NEWS CORP CL A COM 65248E104 150 12558 SH SOLE 12558 0 0 NOBEL LEARNING CMNTYS INC COM COM 654889104 528 89410 SH SOLE 14004 0 75406 NORDSON CORP COM COM 655663102 9238 164734 SH SOLE 126914 0 37820 NORTHWEST BANCSHARES INC MD CO COM 667340103 2082 181490 SH SOLE 27620 0 153870 NORWOOD FINANCIAL CORP COM COM 669549107 397 15712 SH SOLE 2083 0 13629 NOVAVAX INC COM COM 670002104 30 13840 SH SOLE 13840 0 0 NPS PHARMACEUTICALS INC COM COM 62936P103 1441 223736 SH SOLE 180246 0 43490 NUANCE COMMUNICATIONS INC COM 67020Y100 205 13720 SH SOLE 13720 0 0 NUTRI SYS INC NEW COM COM 67069D108 11396 496781 SH SOLE 265519 0 231262 NUVASIVE INC COM COM 670704105 4063 114568 SH SOLE 89465 0 25103 OCCIDENTAL PETE CORP COM COM 674599105 370 4792 SH SOLE 4792 0 0 OLIN CORP COM PAR $1. COM 680665205 7360 406868 SH SOLE 313634 0 93234 ON ASSIGNMENT INC COM COM 682159108 3211 638274 SH SOLE 484556 0 153718 ORACLE SYS CORP COM 68389X105 501 23353 SH SOLE 23353 0 0 ORRSTOWN FINL SVCS INC COM COM 687380105 5127 231689 SH SOLE 41650 0 190039 ORTHOVITA INC COM COM 68750U102 242 119285 SH SOLE 18143 0 101142 PACIFIC PREMIER BANCORP COM COM 69478X105 45 10650 SH SOLE 10650 0 0 PACTIV CORP COM COM 695257105 386 13872 SH SOLE 13107 0 765 PARAGON TECHNOLOGIES INC COM COM 69912T108 206 79250 SH SOLE 0 0 79250 PEABODY ENERGY CORP COM COM 704549104 378 9656 SH SOLE 9123 0 533 PENN MILLERS HOLDING CORPORATI COM 707561106 1909 144595 SH SOLE 21614 0 122981 PENN NATL GAMING INC COM COM 707569109 2548 110320 SH SOLE 17035 0 93285 PENN VIRGINIA CORP COM 707882106 7725 384129 SH SOLE 193771 0 190358 PENSECO FINL SRVCS CORP COM COM 709570105 342 10500 SH SOLE 1100 0 9400 PEPSICO INC COM 713448108 445 7300 SH SOLE 7300 0 0 PETROHAWK ENERGY CORP COM COM 716495106 341 20087 SH SOLE 18979 0 1108 PFIZER INC COM 717081103 647 45337 SH SOLE 45337 0 0 PHARMASSET INC COM COM 71715N106 3630 132766 SH SOLE 109531 0 23235 PHASE FORWARD INC COM COM 71721R406 315 18890 SH SOLE 18890 0 0 PHILIP MORRIS INTL INC COM COM 718172109 658 14354 SH SOLE 14354 0 0 PINNACLE FINL PARTNERS INC COM COM 72346Q104 176 13688 SH SOLE 13688 0 0
EMERALD ADVISERS PAGE 7 FORM 13F INFORMATION TABLE AS OF DATE: 06/30/10
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- PLAINS EXPLORATION & PROD COCO COM 726505100 954 46303 SH SOLE 43766 0 2537 PMC-SIERRA INC COM COM 69344F106 85 11270 SH SOLE 0 0 11270 PNC FINANCIAL CORP COM 693475105 211 3726 SH SOLE 3726 0 0 POLYCOM INC COM COM 73172K104 313 10505 SH SOLE 2555 0 7950 POPULAR INC COM COM 733174106 726 270939 SH SOLE 256150 0 14789 PRICELINE COM INC COM NEW COM 741503403 387 2193 SH SOLE 2072 0 121 PRIVATEBANCORP INC COM COM 742962103 165 14909 SH SOLE 14909 0 0 PROCTER & GAMBLE COMPANY COM 742718109 1018 16977 SH SOLE 16977 0 0 PROSPERITY BANCSHARES INC COM COM 743606105 787 22640 SH SOLE 22640 0 0 QNB CORP COM COM 74726N107 318 16100 SH SOLE 1500 0 14600 QUAKER CHEM CORP COM COM 747316107 2817 103990 SH SOLE 15910 0 88080 QUALCOMM INC COM COM 747525103 238 7234 SH SOLE 7234 0 0 RACKSPACE HOSTING INC COM COM 750086100 9115 497024 SH SOLE 356704 0 140320 RADIANT SYS INC COM COM 75025N102 6960 481307 SH SOLE 361914 0 119393 RANGE RES CORP COM COM 75281A109 286 7117 SH SOLE 6730 0 387 RAYMOND JAMES FINL INC COM COM 754730109 298 12080 SH SOLE 12080 0 0 REGENERON PHARMACEUTICALS COM COM 75886F107 3794 169984 SH SOLE 127296 0 42688 REX ENERGY CORPORATION COM COM 761565100 4106 406532 SH SOLE 59006 0 347526 RIVERBED TECHNOLOGY INC COM COM 768573107 6860 248369 SH SOLE 190838 0 57531 ROBERT HALF INTL INC COM COM 770323103 852 36164 SH SOLE 34170 0 1994 ROCK-TENN CO CL A COM 772739207 9877 198852 SH SOLE 154182 0 44670 ROVI CORP COM COM 779376102 6707 176913 SH SOLE 137460 0 39453 RPC INC COM COM 749660106 6900 505520 SH SOLE 396168 0 109352 RUBICON TECHNOLOGY INC COM 78112T107 5731 192370 SH SOLE 144014 0 48356 RUE21 INC COM 781295100 1443 47576 SH SOLE 9927 0 37649 SALIX PHARMACEUTICALS LTD COM COM 795435106 10513 269349 SH SOLE 210220 0 59129 SBA COMMUNICATIONS CORP CL A COM 78388J106 1046 30755 SH SOLE 29188 0 1567 SCHLUMBERGER COM 806857108 214 3861 SH SOLE 3861 0 0 SEACOAST BKG CORP FLA COM COM 811707306 110 82500 SH SOLE 82500 0 0 SEI INVTS CO COM COM 784117103 3279 161030 SH SOLE 24500 0 136530 SELECT COMFORT CORP OC-CAP STK COM 81616X103 4789 547290 SH SOLE 414092 0 133198 SELECT MEDICAL HOLDINGS CORP COM 81619Q105 1618 238632 SH SOLE 80952 0 157680 SHUFFLE MASTER INC COM COM 825549108 9578 1195708 SH SOLE 914529 0 281179 SIGNATURE BK NEW YORK N Y COM COM 82669G104 7070 186012 SH SOLE 140495 0 45517 SIRONA DENTAL SYSTEMS INC COM COM 82966C103 3460 99306 SH SOLE 75496 0 23810 SKECHERS U S A INC CL A COM 830566105 6439 176319 SH SOLE 137244 0 39075 SOLERA HOLDINGS INC COM COM 83421A104 413 11408 SH SOLE 10779 0 629 SOMESET TR HLDG CO COM COM 835126103 650 40637 SH SOLE 3914 0 36723 SOURCEFIRE INC COM COM 83616T108 4595 241818 SH SOLE 185396 0 56422 SOUTHERN CO COM COM 842587107 203 6097 SH SOLE 6097 0 0 ST PAUL TRAVELERS COS INC COM 89417E109 317 6444 SH SOLE 6444 0 0 STERIS CORP COM COM 859152100 253 8150 SH SOLE 7701 0 449 STIFEL FINL CORP COM COM 860630102 445 10252 SH SOLE 10252 0 0 STILLWATER MNG CO COM COM 86074Q102 1384 119085 SH SOLE 112596 0 6489 SUCCESSFACTORS INC COM 864596101 10932 525845 SH SOLE 362173 0 163672 SUPERIOR ENERGY SVCS INC COM COM 868157108 961 51461 SH SOLE 38475 0 12986 SUPERIOR WELL SVCS INC COM COM 86837X105 1304 78020 SH SOLE 11860 0 66160 SUSQUEHANNA BANCSHARES INC COM COM 869099101 3026 363271 SH SOLE 72064 0 291207 SVB FINL GROUP COM COM 78486Q101 7557 183287 SH SOLE 141397 0 41890 SXC HEALTH SOLUTIONS CORP COM COM 78505P100 2718 37107 SH SOLE 30063 0 7044 TALEO CORP COM 87424N104 9727 400445 SH SOLE 301671 0 98774
EMERALD ADVISERS PAGE 8 FORM 13F INFORMATION TABLE AS OF DATE: 06/30/10
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- TARGET CORP COM COM 87612E106 230 4676 SH SOLE 4676 0 0 TASTY BAKING CO COM COM 876553306 1237 171313 SH SOLE 26149 0 145164 TECHNITROL INC COM COM 878555101 1916 606290 SH SOLE 92286 0 514004 TELEFLEX INC COM COM 879369106 4141 76294 SH SOLE 11636 0 64658 TEMPUR-PEDIC INTL INC COM COM 88023U101 6870 223400 SH SOLE 167200 0 56200 TENGION INC COM COM 88034G109 1100 295750 SH SOLE 28600 0 267150 TEXAS CAPITAL BANCSHARES INC COM 88224Q107 8661 528120 SH SOLE 414722 0 113398 TEXAS ROADHOUSE INC CL A COM 882681109 7976 632038 SH SOLE 481117 0 150921 TF FINL CORP COM COM 872391107 347 15919 SH SOLE 1521 0 14398 THORATEC LABS CORP COM NEW COM 885175307 12351 289058 SH SOLE 213900 0 75158 TIME WARNER INC COM COM 887317303 246 8504 SH SOLE 8504 0 0 TJX COS INC NEW COM COM 872540109 1866 44472 SH SOLE 42189 0 2283 TOLL BROS INC COM COM 889478103 627 38300 SH SOLE 5700 0 32600 TOWER BANCORP INC COM COM 891709107 1268 57917 SH SOLE 13177 0 44740 TRANSDIGM GROUP INC COM COM 893641100 824 16156 SH SOLE 12194 0 3962 TRIUMPH GROUP INC NEW COM COM 896818101 5027 75448 SH SOLE 11476 0 63972 TYCO INTERNATIONAL LTD SHS COM H89128104 843 23916 SH SOLE 22615 0 1301 ULTA SALON COSMETICS & FRAGR COM 90384S303 6199 262060 SH SOLE 199968 0 62092 ULTIMATE SOFTWARE GROUP INC CO COM 90385D107 7780 236758 SH SOLE 180607 0 56151 UNION PAC CORP COM 907818108 211 3035 SH SOLE 3035 0 0 UNITED CMNTY BKS INC CDT-CAP S COM 90984P105 102 25767 SH SOLE 25767 0 0 UNITED PARCEL SVC INC CL B COM 911312106 220 3861 SH SOLE 3861 0 0 UNITED STATES STEEL CORP COM COM 912909108 4376 113516 SH SOLE 37479 0 76037 UNITED TECHNOLOGIES CORP COM 913017109 385 5931 SH SOLE 5931 0 0 UNITED THERAPEUTICS CORP DELCO COM 91307C102 309 6328 SH SOLE 5985 0 343 UNITEDHEALTH GROUP INC COM COM 91324P102 399 14038 SH SOLE 14038 0 0 UNIVERSAL DISPLAY CORP COM COM 91347P105 4445 247201 SH SOLE 181666 0 65535 UNIVERSAL HEALTH SVCS INC CL B COM 913903100 2370 62112 SH SOLE 24558 0 37554 UNIVEST CORP PA COM COM 915271100 1067 61599 SH SOLE 9357 0 52242 URBAN OUTFITTERS INC COM COM 917047102 5296 153985 SH SOLE 52881 0 101104 URSTADT BIDDLE PPTYS INC CL A COM 917286205 208 12900 SH SOLE 12900 0 0 UTI WORLDWIDE INC ORD COM G87210103 4774 385591 SH SOLE 298543 0 87048 VALSPAR CORP COM COM 920355104 1264 41957 SH SOLE 39643 0 2314 VALUEVISION INTL INC CL A COM 92047K107 635 358572 SH SOLE 283237 0 75335 VARIAN SEMICONDUCTOR EQUIPTMCO COM 922207105 229 7985 SH SOLE 0 0 7985 VEECO INSTRS INC DEL COM COM 922417100 5431 158441 SH SOLE 124816 0 33625 VERIZON COMMUNICATIONS COM 92343V104 736 26257 SH SOLE 26257 0 0 VIASAT INC COM COM 92552V100 6654 204358 SH SOLE 156967 0 47391 VIROPHARMA INC COM COM 928241108 677 60404 SH SOLE 9170 0 51234 VISA INC COM 92826C839 290 4106 SH SOLE 4106 0 0 VISHAY INTERTECHNOLOGY INC COM COM 928298108 4828 623780 SH SOLE 94860 0 528920 VIST FINANCIAL CORP COM COM 918255100 2583 337172 SH SOLE 65989 0 271183 VITACOST.COM INC COM 92847A200 2151 239220 SH SOLE 178974 0 60246 VOLCANO CORPORATION COM COM 928645100 9369 429389 SH SOLE 325999 0 103390 WABTEC CORPORATION COM 929740108 2790 69935 SH SOLE 10639 0 59296 WAL MART STORES INC COM 931142103 1386 28837 SH SOLE 28837 0 0 WARNACO GROUP INC CL A NEW COM 934390402 3590 99325 SH SOLE 74589 0 24736 WASHINGTON BKG CO OAK HBR WACO COM 937303105 133 10434 SH SOLE 10434 0 0 WELLPOINT INC COM 94973V107 495 10109 SH SOLE 10109 0 0 WELLS FARGO NEW COM 949746101 1032 40303 SH SOLE 40303 0 0 WESCO INTL INC COM COM 95082P105 18041 535816 SH SOLE 268919 0 266897
EMERALD ADVISERS PAGE 9 FORM 13F INFORMATION TABLE AS OF DATE: 06/30/10
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- WEST MILTON BANCORP INC COM COM 954547105 324 7191 SH SOLE 590 0 6601 WEST PHARMACEUTICAL SVCS INCCO COM 955306105 1481 40600 SH SOLE 6200 0 34400 WESTERN ALLIANCE BANCORP COM 957638109 375 52281 SH SOLE 52281 0 0 WESTFIELD FINL INC COM COM 96008P104 194 23280 SH SOLE 23280 0 0 WET SEAL INC CL A COM 961840105 6036 1653683 SH SOLE 1257556 0 396127 WHITING PETE CORP NEW COM COM 966387102 10954 139690 SH SOLE 107794 0 31896 WILLIAMS SONOMA INC COM COM 969904101 356 14336 SH SOLE 13556 0 780 WINTRUST FINL CORP COM COM 97650W108 299 8980 SH SOLE 8980 0 0 WOODWARD GOVERNOR CO COM COM 980745103 2624 102796 SH SOLE 77006 0 25790 WPCS INTL INC COM NEW COM 92931L203 736 272535 SH SOLE 41235 0 231300 WVS FINL CORP COM COM 929358109 271 24632 SH SOLE 2304 0 22328 WYNDHAM WORLDWIDE CORP COM 98310W108 1031 51198 SH SOLE 48374 0 2824 YORK WTR CO COM COM 987184108 521 36655 SH SOLE 5580 0 31075
LINE COUNT: 421 -----END PRIVACY-ENHANCED MESSAGE-----