13F-HR 1 rim_13f-033108.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: 3/31/08 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: Riley Investment Management LLC Address: 11100 Santa Monica Blvd., Suite 810 Los Angeles, CA 90025 Form 13F File Number: 28-12395 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: Gary Suzuki Title: Authorized Person Phone: 310 966-1445 Signature, Place, and Date of Signing: /s/ Gary Suzuki Los Angeles, CA 5/14/08 ------------------------ ----------------------------- ------------------- [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).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: --------------------------------------------- Form 13F Information Table Entry Total: 33 ----------------------------------------- Form 13F Information Table Value Total: 158,288 ----------------------------------------- (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. NONE FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 ---------------------------- ------------ ------------ ---------- ------------------- ----------- ---------- NAME OF ISSUER TITLE OF CUSIP VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER CLASS (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS ALDILA INC COM NEW 014384200 454 39,814 ASYST TECHNOLOGIES INC COM 04648X107 641 183,358 CENTILLIUM COMMUNICATIONS IN COM 152319109 3,899 5,906,257 CREDENCE SYSTEMS CORP COM 225302108 797 468,854 DDI CORP COM NEW 0.0001 233162502 7,350 1,584,173 DITECH NETWORKS INC COM 25500T108 910 309,511 ESS TECHNOLOGY INC. COM 269151106 38 25,623 EXAR CORP COM 300645108 1,862 226,185 FLIGHT SAFETY TECH INC NEV COM NEW 33942T207 1,765 904,389 GLOBALOPTIONS GROUP INC COM NEW 37946D209 42 20,000 GSI TECHNOLOGY COM 36241U106 1,927 727,179 INTEGRATED SILICON SOLUTION COM 45812P107 9,263 1,531,143 IOMEGA CORP COM NEW 462030305 21,732 6,087,352 ITERIS INC COM 46564T107 6,675 2,890,128 LCC INTERNATIONAL INC CL A 501810105 4,422 2,815,615 LECROY CORP COM 52324W109 4,137 477,761 LTX CORP COM 502392103 750 238,900 MAGNETEK INC COM 559424106 9,583 2,785,724 MAIR HOLDINGS INC COM 560635104 4,143 1,090,465 MANAGEMENT NETWORK GROUP INC COM 561693102 8,718 4,588,069 MICRON TECHNOLOGY INC COM 595112103 299 50,000 NETMANAGE INC COM NEW 641144308 1,625 406,119 PC-TEL INC COM 69325Q105 1,036 152,334 RAMBUS INC DEL COM 750917106 8,297 355,945 REGENT COMMUNICATIONS INC DE COM 758865109 5,113 4,089,883 SELECTICA INC COM 816288104 136 100,000 SILICON STORAGE TECHNOLOGY I COM 827057100 13,013 4,966,752 SYS COM 785070103 1,290 600,250 TRANS WORLD ENTMT CORP COM 89336Q100 13,344 3,548,834 TRANSMETA CORP DEL COM 89376R208 13,037 1,009,782 UNITED ONLINE INC COM 911268100 3,882 367,559 WET SEAL INC CL A 961840105 4,394 1,295,898 ZILOG INC COM PAR $0.01 989524301 3,714 1,061,357 FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 8 ---------------------------- ---------------------------------- NAME OF ISSUER VOTING AUTHORITY ------------------------------------------ SOLE SHARED NONE ALDILA INC 6,573 33,241 ASYST TECHNOLOGIES INC 155,855 27,503 CENTILLIUM COMMUNICATIONS IN 2,692,088 3,214,169 CREDENCE SYSTEMS CORP 468,854 DDI CORP 958,491 625,682 DITECH NETWORKS INC 309,511 ESS TECHNOLOGY INC. 16,764 8,859 EXAR CORP 226,185 FLIGHT SAFETY TECH INC NEV 529,401 374,988 GLOBALOPTIONS GROUP INC 20,000 GSI TECHNOLOGY 103,876 623,303 INTEGRATED SILICON SOLUTION 623,565 907,578 IOMEGA CORP 3,118,170 2,969,182 ITERIS INC 1,096,868 1,793,260 LCC INTERNATIONAL INC 1,647,744 1,167,871 LECROY CORP 73,343 404,418 LTX CORP 238,900 MAGNETEK INC 946,184 1,839,540 MAIR HOLDINGS INC 438,038 652,427 MANAGEMENT NETWORK GROUP INC 4,078,070 509,999 MICRON TECHNOLOGY INC 50,000 NETMANAGE INC 117,194 288,925 PC-TEL INC 152,334 RAMBUS INC DEL 93,305 262,640 REGENT COMMUNICATIONS INC DE 1,790,099 2,299,784 SELECTICA INC 100,000 SILICON STORAGE TECHNOLOGY I 1,255,462 3,711,290 SYS 600,250 TRANS WORLD ENTMT CORP 2,487,478 1,061,356 TRANSMETA CORP DEL 482,396 527,386 UNITED ONLINE INC 140,091 227,468 WET SEAL INC 1,295,898 ZILOG INC 293,723 767,634