13F-HR 1 v199879_13fhr.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: September 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: Luke P. La Valle, Jr. Address: American Capital Management, Inc. 50 Broad Street - Suite 1609, New York, NY 10004 Form 13F File Number: 028-11313 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: Arlene Francis Title: Office Manager Phone: 212-344-3300 Signature, Place, and Date of Signing: /s/ Arlene Francis New York, NY October 25, 2010 ---------------------- ------------- ---------------- [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: 0 Form 13F Information Table Entry Total: 91 Form 13F Information Table Value Total: $ 375600 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the names(s) and Form 13F file numbers(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE AMERICAN CAPITAL MANAGEMENT, INC. FORM 13F September 30, 2010 FORM 13F INFORMATION TABLE 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Charles River Labs Conv Sr No CONV 159864AB3 440 450000 PRN SOLE 450000 Hologic Conv Sr Notes CONV 436440AA9 6271 6780000 PRN SOLE 6780000 Kendle Conv Sr Notes CONV 48880LAA5 277 300000 PRN SOLE 300000 Valeant Pharmaceuticals Conv S CONV 91911XAD6 11219 5870000 PRN SOLE 5870000 Wright Medical Conv Sr Notes CONV 98235TAA5 6310 7100000 PRN SOLE 7100000 ACI Worldwide COM 004498101 3273 146200 SH SOLE 146200 Abaxis COM 002567105 1416 61300 SH SOLE 61300 Acxiom COM 005125109 2887 182000 SH SOLE 182000 Albany Molecular Research COM 012423109 2729 427700 SH SOLE 427700 Allscripts COM 01988P108 1504 81420 SH SOLE 81420 AngioDynamics COM 03475V101 1155 75800 SH SOLE 75800 Ansys COM 03662Q105 2734 64701 SH SOLE 64701 Arbitron COM 03875Q108 336 12000 SH SOLE 12000 ArthroCare COM 043136100 5258 193450 SH SOLE 193450 Atwood Oceanics COM 050095108 451 14800 SH SOLE 14800 Avid Technology COM 05367P100 1605 122400 SH SOLE 122400 Baldor Electric COM 057741100 12662 313425 SH SOLE 313425 Bio Reference Labs COM 09057G602 2334 111900 SH SOLE 111900 Blackbaud COM 09227Q100 411 17100 SH SOLE 17100 Blackboard COM 091935502 1220 33850 SH SOLE 33850 Brady COM 104674106 1695 58100 SH SOLE 58100 Buckeye Partners LP Unit COM 118230101 232 3650 SH SOLE 3650 CRA International COM 12618T105 876 48550 SH SOLE 48550 Celgene COM 151020104 2454 42590 SH SOLE 42590 Cerner COM 156782104 1467 17470 SH SOLE 17470 Charles River Labs COM 159864107 6590 198800 SH SOLE 198800 Cognex COM 192422103 13188 491710 SH SOLE 491710 Computer Programs & Systems COM 205306103 2369 55650 SH SOLE 55650 Digital River COM 25388b104 3315 97375 SH SOLE 97375 Dionex COM 254546104 9459 109430 SH SOLE 109430 Dolby Laboratories COM 25659T107 386 6800 SH SOLE 6800 Energy Conversion COM 292659109 50 10000 SH SOLE 10000 Euronet Worldwide COM 298736109 360 20000 SH SOLE 20000 FactSet Research System COM 303075105 8115 100030 SH SOLE 100030 Forrester Research COM 346563109 9884 298800 SH SOLE 298800 Forward Air COM 349853101 2041 78500 SH SOLE 78500 Fuel-Tech COM 359523107 1085 173050 SH SOLE 173050 Fuelcell Energy COM 35952H106 31 25000 SH SOLE 25000 Furiex Pharmaceuticals COM 36106P101 692 61324 SH SOLE 61324 Gen-Probe COM 36866T103 4655 96050 SH SOLE 96050 Genoptix Medical Lab COM 37243V100 426 30000 SH SOLE 30000 Gentex COM 371901109 1814 92900 SH SOLE 92900 Genzyme COM 372917104 10896 153920 SH SOLE 153920 Haemonetics COM 405024100 16826 287480 SH SOLE 287480 Healthcare Services Grp COM 421906108 595 26100 SH SOLE 26100 Healthways COM 422245100 4387 376925 SH SOLE 376925 Hologic COM 436440101 9494 592975 SH SOLE 592975 Huron Consulting Grp COM 447462102 2631 119650 SH SOLE 119650 ICON PLC ADR COM 45103T107 7437 344000 SH SOLE 344000 IDEXX Laboratories COM 45168D104 14970 242545 SH SOLE 242545 ITRON COM 465741106 8517 139100 SH SOLE 139100 Illumina COM 452327109 1990 40450 SH SOLE 40450 Integra Lifesciences COM 457985208 1894 48000 SH SOLE 48000 Jack Henry & Associates COM 426281101 3909 153300 SH SOLE 153300 Johnson & Johnson COM 478160104 381 6150 SH SOLE 6150 KV Pharmaceutical Cl A COM 482740206 821 350725 SH SOLE 350725 Kaydon COM 486587108 2938 84900 SH SOLE 84900 LKQ COM 501889208 4886 234900 SH SOLE 234900 Linear Tech COM 535678106 891 29000 SH SOLE 29000 Manhattan Associates COM 562750109 12723 433500 SH SOLE 433500 Martek Biosciences COM 572901106 2213 97800 SH SOLE 97800 MedQuist COM 584949101 723 82500 SH SOLE 82500 Medicis Pharmaceutical COM 584690309 9660 325800 SH SOLE 325800 Meridian Bioscience COM 589584101 1869 85475 SH SOLE 85475 Merit Medical Systems COM 589889104 3689 232150 SH SOLE 232150 Micros Systems COM 594901100 2231 52700 SH SOLE 52700 Morningstar COM 617700109 2627 58950 SH SOLE 58950 NeuStar COM 64126x201 1156 46500 SH SOLE 46500 Newfield Exploration COM 651290108 287 5000 SH SOLE 5000 NuVasive COM 670704105 1780 50645 SH SOLE 50645 O'Reilly Automotive COM 686091109 14954 281087 SH SOLE 281087 Orthofix COM N6748L102 2837 90300 SH SOLE 90300 Pengrowth Energy Tr COM 706902509 162 14650 SH SOLE 14650 Pharmaceutical Prod Dvlpt COM 717124101 20230 816050 SH SOLE 816050 Quaker Chemical COM 747316107 2302 70700 SH SOLE 70700 ResMed COM 761152107 10680 325500 SH SOLE 325500 SAIC COM 78390x101 304 19000 SH SOLE 19000 SEI Investments COM 784117103 8177 402000 SH SOLE 402000 SM Energy COM 792228108 506 13500 SH SOLE 13500 Sanmina-SCI COM 800907206 1363 112799 SH SOLE 112799 Skyworks Solutions COM 83088M102 1809 87500 SH SOLE 87500 Stem Cell Innovations COM 85857B100 0 225000 SH SOLE 225000 Tekelec COM 879101103 1373 105950 SH SOLE 105950 TomoTherapy COM 890088107 1376 391050 SH SOLE 391050 Trimble Navigation COM 896239100 1368 39050 SH SOLE 39050 UQM Technologies COM 903213106 72 28000 SH SOLE 28000 Valeant Pharmaceuticals Int'l COM 91911k102 27855 1111994 SH SOLE 1111994 Verint Systems COM 92343x100 2026 68550 SH SOLE 68550 Wright Medical COM 98235T107 706 49000 SH SOLE 49000 Zebra Technologies COM 989207105 9305 276600 SH SOLE 276600 Liquidia Technologies Series A PFD 100 30580 SH SOLE 30580