13F-HR 1 l05558ae13fvhr.txt OAK ASSOCIATES, LTD 13F-HR FORM 13F INFORMATION REGUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER Securities and Exchange Commission Washington, D.C. 20549 Report for the Calendar Year or Quarter Ended December 31, 2003 Name of Institutional Investment Manager: OAK ASSOCIATES, LTD. #28-2338 Business Address: 3875 EMBASSY PARKWAY, #250 AKRON, OHIO 44333 Name, Phone No., and Title of Person Duly Authorized to Submit This Report. JAMES D. OELSCHLAGER, MANAGING MEMBER (330) 668-1234 ATTENTION -- Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). The institutional investment manager submitting this Form and its attachments and the person by whom it is signed represent hereby that all information contained therein is true, correct and complete. It is understood that all required items, statements and schedules are considered integral parts of this Form and that the submission of any amendment represents that all unattended items, statements and schedules remain true, correct and complete as previously submitted. Pursuant to the requirements of Securities Exchange Act of 1934, the undersigned institutional investment manager has caused this report to be signed on its behalf in the City of AKRON and State of OHIO on the 9th day of January 2004 JAMES D. OELSCHLAGER (Manual Signature of Person Duly Authorized to Submit This Report) Name and 13F file numbers of ALL Institutional Investment Managers with respect to which this schedule is filed (other than the one filing this report): (List in alphabetical order). 13F File Numbers will be assigned to Institutional Investment Managers after they file their first report.
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 ------------------------------ -------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ------- ADVENT SOFTWARE COM 007974108 24887 1427887 SH SOLE 1427887 AFFYMETRIX INC COM COM 00826t108 21728 882875 SH SOLE 882875 ALLIANCE SYSTEMS CORP COM 018581108 1250 45147 SH SOLE 45147 ALTRIA GROUP INC COM COM 02209S103 767 14100 SH SOLE 14100 AMDOCS LTD ORD COM G02602103 1764 78489 SH SOLE 78489 AMERICAN INT'L. GRP COM 026874107 386163 5826242 SH SOLE 5826242 AMERISOURCEBERGEN CORP COM COM 03073E105 707 12600 SH SOLE 12600 AMGEN INC COM 031162100 995 16100 SH SOLE 16100 ANHEUSER-BUSCH CO INC COM 035229103 337 6400 SH SOLE 6400 APPLIED BIOSYSTEMS COM 038020103 961 46410 SH SOLE 46410 APPLIED MATERIALS COM 038222105 586358 26130043 SH SOLE 26130043 AT ROAD INC COM 04648K105 3712 279100 SH SOLE 279100 AVALONBAY COM 053484101 970 20300 SH SOLE 20300 AVID TECHNOLOGY INC. COM 05367P100 5074 105700 SH SOLE 105700
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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 ------------------------------ -------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ------- BRISTOL MYERS SQUIBB CO COM 110122108 217 7600 SH SOLE 7600 BROADCOM CORP CL A COM 111320107 3576 105100 SH SOLE 105100 BROCADE COMMUNICATIONS COM 111621108 53572 9268563 SH SOLE 9268563 BRUKER BIOSCIENCES CP COM COM 116794108 369 81100 SH SOLE 81100 CABOT MICROELECTRONICS COM COM 12709P103 6420 131030 SH SOLE 131030 CALIPER TECHNOLOGIES, INC COM 130876105 539 81000 SH SOLE 81000 CARDINAL HEALTH INC. COM 14149Y108 264699 4327989 SH SOLE 4327989 CERNER CORP. COM 156782104 11730 309900 SH SOLE 309900 CHARLES SCHWAB CORP. COM 808513105 300632 25391174 SH SOLE 25391174 CISCO SYSTEMS COM 17275R102 1137676 46953169 SH SOLE 44953169 CITIGROUP INC. COM 172967101 346723 7143029 SH SOLE 7143029 COGNIZANT TECH SOLUTIONS COM 192446102 68776 1506920 SH SOLE 1506920 CONCORD COMMUNICATIONS COM COM 206186108 3297 167100 SH SOLE 167100 CREE INC COM COM 225447101 3075 173800 SH SOLE 173800 DELL INC COM COM 24702R101 182967 5384564 SH SOLE 5384564 DSP GROUP, INC. COM 23332B106 3580 143500 SH SOLE 143500 EBAY INC COM 278642103 139370 2157090 SH SOLE 2157090 ELI LILLY & CO. COM 532457108 110831 1575874 SH SOLE 1575874
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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 ------------------------------ -------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ------- EMC CORP. COM 268648102 377560 29222895 SH SOLE 29222895 EMULEX CORP COM 292475209 16007 599960 SH SOLE 599960 ERESEARCH TECHNOLOGY INC COM 29481V108 4759 187200 SH SOLE 187200 EXPRESS SCRIPTS INC. COM 302182100 21389 321975 SH SOLE 321975 FIRST DATA CORP COM 319963104 86997 2117230 SH SOLE 2117230 FIRSTMERIT CORP. COM 337915102 2926 107936 SH SOLE 107936 FLEXTRONICS INTL LTD ORD COM Y2573F102 17056 1152465 SH SOLE 1152465 FOUNDRY NETWORKS COM 35063R100 246 9000 SH SOLE 9000 GARMIN LTD. COM G37260109 12075 221645 SH SOLE 221645 GENENTECH INC NEW COM 368710406 561 6000 SH SOLE 6000 GENERAL ELECTRIC COM 369604103 819 26426 SH SOLE 26426 GENTEX CORP COM 371901109 4509 102100 SH SOLE 102100 HRPT PPTYS TR COM SH BEN INT COM 40426W101 443 43900 SH SOLE 43900 INTEL CORP COM 458140100 205197 6402401 SH SOLE 6402401 INTERSIL CORP COM 46069S109 88495 3561170 SH SOLE 3561170 INTUIT INC. COM 461202103 13130 248400 SH SOLE 248400 INVITROGEN CORP COM COM 46185R100 2242 32070 SH SOLE 32070 IXIA COM 45071R109 1383 118200 SH SOLE 118200 JOHNSON & JOHNSON COM 478160104 1080 20900 SH SOLE 20900
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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 ------------------------------ -------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ------- JP MORGAN CHASE & COMPANY COM 46625H100 1204 32768 SH SOLE 32768 JUNIPER NETWORKS COM 48203R104 375944 20125535 SH SOLE 20125535 LINEAR TECHNOLOGY CORP. COM 535678106 378019 8985474 SH SOLE 8985474 LIONBRIDGE TECH INC COM 536252109 3942 410600 SH SOLE 410600 MACROVISION CORP COM COM 555904101 2146 95000 SH SOLE 95000 MARVELL TECH GROUP LTD ORD COM G5876H105 4973 131100 SH SOLE 131100 MAXIM INTEGRATED PRODUCTS COM 57772K101 380870 7681942 SH SOLE 7681942 MBNA CORP. COM 55262L100 458429 18447857 SH SOLE 18447857 MBOP LIQUIDATING TR TR CTF COM 552629206 0 10022 SH SOLE 10022 MCDATA CORP CL A COM 580031201 56591 5938245 SH SOLE 5938245 MEDICIS PHARMACEUTICAL CORP. C COM 584690309 963 13500 SH SOLE 13500 MEDIMMUNE INC COM COM 584699102 1071 42200 SH SOLE 42200 MEDTRONIC INC COM 585055106 415914 8556156 SH SOLE 8556156 MICROSOFT COM 594918104 392168 14328383 SH SOLE 14328383 MOLECULAR DEVICES CORP. COM 60851C107 532 28000 SH SOLE 28000 MORGAN STANLEY COM 617446448 223450 3861247 SH SOLE 3861247 NASDAQ 100 INDEX TRACKING COM 631100104 2706 74200 SH SOLE 74200 NEOWARE SYS INC COM COM 64065P102 3289 239400 SH SOLE 239400
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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 ------------------------------ -------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ------- NETSCREEN TECHNOLOGIES COM 64117V107 29365 1186504 SH SOLE 1186504 NEXTEL COMMUNICATIONS CL A COM 65332v103 22764 811266 SH SOLE 811266 NOVELLUS SYS INC. COM 670008101 8578 203975 SH SOLE 203975 PACKETEER INC COM COM 695210104 5741 338100 SH SOLE 338100 PAYCHEX INC. COM 704326107 107776 2897208 SH SOLE 2897208 PEPSICO INC. COM 713448108 228 4900 SH SOLE 4900 PFIZER INC COM 717081103 402801 11401095 SH SOLE 11401095 PHOTON DYNAMICS INC COM 719364101 2942 73100 SH SOLE 73100 PMC-SIERRA, INC. COM 69344F106 296020 14727364 SH SOLE 14727364 QLOGIC CORP COM COM 747277101 14857 288075 SH SOLE 288075 QUALCOMM INC. COM 747525103 60648 1124580 SH SOLE 1124580 RUDOLPH TECHNOLOGIES COM COM 781270103 3607 147000 SH SOLE 147000 SKYWORKS SOLUTIONS INC COM 83088M102 3194 367100 SH SOLE 367100 SPDR TR UNIT SER 1 COM 78462F103 653 5865 SH SOLE 5865 STATE STREET BOSTON CORP COM 857477103 292 5600 SH SOLE 5600 SYMANTEC CORP COM 871503108 7013 203270 SH SOLE 203270 SYMBOL TECHNOLOGIES INC. COM 871508107 15878 940110 SH SOLE 940110 TECHNE CORP COM COM 878377100 1207 31900 SH SOLE 31900 TEVA PHARMACEUTICAL COM 881624209 1253 22100 SH SOLE 22100
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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 ------------------------------ -------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ------- TIFFANY AND CO. COM 886547108 9492 210000 SH SOLE 210000 ULTIMATE SOFTWARE GRP COM COM 90385D107 681 77700 SH SOLE 77700 UNIVERSITY OF PHOENIX ONLINE COM 037604204 14444 209545 SH SOLE 209545 UTSTARCOM INC DEL COM 918076100 16373 441665 SH SOLE 441665 VERITAS SOFTWARE CO COM COM 923436109 522192 14105676 SH SOLE 14105676 WATERS CORP COM 941848103 11734 353860 SH SOLE 353860 WAYNE BANCORP INC COM 944293109 951 35331 SH SOLE 35331 WEBSENSE INC COM COM 947684106 2028 69300 SH SOLE 69300 WHITE ELECTRONIC DESIGNS COM 963801105 1533 174200 SH SOLE 174200 XILINX INC. COM 983919101 305736 7914444 SH SOLE 7914444 XM SATELLITE RADIO HLD CL A COM 983759101 1748 66500 SH SOLE 66500 YAHOO INC COM 984332106 11212 249000 SH SOLE 249000 ZEBRA TECHNOLOGIES CORP COM 989207105 10416 156937 SH SOLE 156937 ATMEL CORP COM 049513104 115 19100 SH SOLE 19100 JDS UNIPHASE CORP COM 46612J101 58 16000 SH SOLE 16000 TRIQUINT SEMICONDUCTOR COM 89674K103 136 19200 SH SOLE 19200 VITESSE SEMICONDUCTOR COM 928497106 79 13500 SH SOLE 13500
Page 6 FORM 13F SUMMARY PAGE REPORT SUMMARY QUARTER ENDED 12/31/03 Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 105 Form 13F Information Table Value Total: 9,126,552 (thousand) List of Other Included Mangers: 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 if filed, other than the manager filing this report. No. 0 Form 13F File Number: N/A Name: N/A