13F-HR 1 k13f-063007.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: 06/30/07 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: Kopp Investment Advisors, LLC Address: 7701 France Ave. So., Suite 500 Edina, MN 55435 Form 13F File Number: 28-03099 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: John P. Flakne Title: Chief Financial Officer Phone: (952) 841-0400 Signature, Place and Date of Signing: Edina, MN 07/30/07 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: 145 Form 13F Information Table Value Total: $ 711,741 (thousands) List of Other Included Managers: NONE 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- S&P DRT Unit Ser 1 78462F103 489 3250 SH OTHER 3250 ADC Telecomm COM 000886309 3338 182103 SH DEFINED 182103 11535 629321 SH OTHER 582922 46399 Adept Tech Inc. COM 006854202 3640 575100 SH DEFINED 575100 4442 701814 SH OTHER 689314 12500 Angiodynamics COM 03475V101 5583 310011 SH OTHER 277169 32842 Array Biopharma Inc. COM 04269X105 5263 451000 SH DEFINED 451000 16325 1398865 SH OTHER 1225415 173450 Authorize.net Hldgs COM 052686102 3517 196570 SH OTHER 181820 14750 Bookham Inc. COM 09856E105 360 160000 SH DEFINED 160000 2490 1106610 SH OTHER 984660 121950 Caliper Life Sciences COM 130872104 1876 400000 SH DEFINED 400000 10099 2153259 SH OTHER 1866459 286800 Callidus Software COM 13123E500 1814 231950 SH OTHER 222750 9200 Cell Genesys Inc. COM 150921104 4744 1416000 SH DEFINED 1416000 8928 2664938 SH OTHER 2530688 134250 Cepheid Inc. COM 15670R107 2190 150000 SH DEFINED 150000 2333 159800 SH OTHER 155600 4200 Cognos Inc. (Canada) COM 19244C109 4224 106408 SH OTHER 90608 15800 Conexant Systems COM 207142100 643 465674 SH OTHER 445674 20000 Curagen Corp. COM 23126R101 267 135500 SH OTHER 135500 Cutera Inc. COM 232109108 498 20000 SH DEFINED 20000 5410 217105 SH OTHER 190505 26600 Cyberoptics Corp. COM 232517102 2417 179700 SH OTHER 171450 8250 Depomed Inc. COM 249908104 2220 465500 SH DEFINED 465500 3622 759340 SH OTHER 694040 65300 Dexcom Inc. COM 252131107 4736 578230 SH OTHER 506180 72050 Durect Corp. COM 266605104 1232 320000 SH DEFINED 320000 9217 2393985 SH OTHER 2097235 296750 E-Z-EM Inc. COM 269305405 5978 373340 SH OTHER 339490 33850 Emcore Corp. COM 290846104 7140 1310000 SH DEFINED 1310000 13381 2455320 SH OTHER 2243820 211500 Entertainment Distribution COM 377899109 398 200000 SH DEFINED 200000 261 131000 SH OTHER 131000 Epicor Software Corp. COM 29426L108 29294 1970000 SH DEFINED 1970000 11210 753842 SH OTHER 706167 47675 Extreme Networks COM 30226D106 9688 2392095 SH OTHER 2030945 361150 Finisar Corp. COM 31787A101 8259 2185000 SH DEFINED 2185000 18899 4999643 SH OTHER 4539993 459650 Harmonic Inc. COM 413160102 5556 626380 SH OTHER 528880 97500 Harris Stratex Networks COM 41457P106 5776 321250 SH DEFINED 321250 16596 922998 SH OTHER 831276 91722 Harvard Bioscience COM 416906105 2625 500000 SH DEFINED 500000 4269 813080 SH OTHER 715530 97550 Informatica Corp. COM 45666Q102 9009 609935 SH OTHER 523835 86100 Iris Intl Inc COM 46270W105 1684 100000 SH DEFINED 100000 21758 1292040 SH OTHER 1130640 161400 Medarex Inc. COM 583916101 16362 1145000 SH DEFINED 1145000 27126 1898245 SH OTHER 1714070 184175 Micrel Inc. COM 594793101 546 42950 SH OTHER 35750 7200 Micro Component Tech COM 59479Q100 466 1665000 SH DEFINED 1665000 50 177712 SH OTHER 174212 3500 Mindspeed Tech COM 602682106 2589 1171666 SH DEFINED 1171666 6410 2900433 SH OTHER 2597819 302614 Monogram Biosciences COM 60975U108 10535 6233741 SH OTHER 5411441 822300 Neose Tech Inc. COM 640522108 4330 1760000 SH DEFINED 1760000 8119 3300597 SH OTHER 3066897 233700 Network Equipment COM 641208103 10866 1139000 SH DEFINED 1139000 3281 343900 SH OTHER 334900 9000 Northstar Neuroscience COM 66704V101 3763 323550 SH OTHER 298900 24650 Nuvasive Inc COM 670704105 648 24000 SH DEFINED 24000 21380 791549 SH OTHER 693455 98094 Oplink Communications COM 68375Q403 4841 322711 SH DEFINED 322711 4339 289270 SH OTHER 275738 13532 PLX Technology COM 693417107 5145 461000 SH DEFINED 461000 16000 1433670 SH OTHER 1254645 179025 PMC-Sierra Inc. COM 69344F106 1005 130000 SH DEFINED 130000 309 40000 SH OTHER 40000 Phase Forward Inc. COM 71721R406 1178 70000 SH DEFINED 70000 22362 1328723 SH OTHER 1161023 167700 RAE Systems COM 75061P102 2159 934500 SH DEFINED 934500 10832 4689060 SH OTHER 4229010 460050 RF Monolithics Inc. COM 74955F106 189 36700 SH OTHER 36700 Regeneration Tech COM 75886n100 2250 200000 SH DEFINED 200000 22743 2021565 SH OTHER 1794725 226840 Regeneron Pharma COM 75886F107 717 40000 SH DEFINED 40000 13517 754310 SH OTHER 660410 93900 RightNow Tech COM 76657R106 3980 242550 SH OTHER 201325 41225 Sangamo Biosciences COM 800677106 9760 1202000 SH DEFINED 1202000 19566 2409553 SH OTHER 2181703 227850 Sirenza Microdevices COM 82966T106 3555 299460 SH OTHER 259510 39950 SonoSite Inc. COM 83568G104 8041 255835 SH OTHER 224260 31575 Sunrise Telecom COM 86769Y105 763 240000 SH DEFINED 240000 805 253000 SH OTHER 181100 71900 Superconductor Tech COM 867931305 1649 1106500 SH DEFINED 1106500 934 627000 SH OTHER 595850 31150 Symmetricom Inc. COM 871543104 10835 1289905 SH OTHER 1116655 173250 Techne Corp. COM 878377100 501 8750 SH OTHER 8750 Tekelec COM 879101103 654 45325 SH OTHER 45325 Tellabs Inc. COM 879664100 480 44581 SH OTHER 44581 Thoratec Corp. COM 885175307 6321 343730 SH OTHER 303380 40350 Transgenomic Inc. COM 89365K206 2932 4249000 SH DEFINED 4249000 3466 5022590 SH OTHER 4557590 465000 Verenium Corp. COM 92340P100 811 160000 SH DEFINED 160000 314 61850 SH OTHER 59650 2200 Verisign Inc. COM 92343E102 12640 398365 SH OTHER 325585 72780 Vital Images COM 92846N104 9146 336759 SH OTHER 293034 43725 Vitesse Semiconductor COM 928497106 5353 4655000 SH DEFINED 4655000 6526 5675015 SH OTHER 5416915 258100 WJ Communications COM 929284107 4793 2738900 SH DEFINED 2738900 9787 5592320 SH OTHER 5068770 523550 Zymogenetics Inc. COM 98985T109 7988 546740 SH OTHER 477440 69300 3M Company 88579Y101 3022 34822 SH OTHER 29092 5730 Aflac Incorporated 001055102 340 6615 SH OTHER 6525 90 Allstate Corp. 020002101 3025 49185 SH OTHER 41325 7860 American Express 025816109 2942 48095 SH OTHER 39785 8310 Amgen Inc. (Calif) 031162100 344 6225 SH OTHER 6065 160 Bankamerica Corp 060505104 2698 55194 SH OTHER 46569 8625 Baxter International 071813109 387 6870 SH OTHER 6765 105 Cardinal Health 14149Y108 329 4655 SH OTHER 4595 60 Caterpillar Inc. 149123101 2723 34781 SH OTHER 28931 5850 Constellation Energy 210371100 366 4195 SH OTHER 4130 65 Dow Chemical Co. 260543103 2936 66405 SH OTHER 55790 10615 Entergy Corp New 29364G103 2686 25021 SH OTHER 20946 4075 Exxon Mobil 30231G102 3239 38612 SH OTHER 32452 6160 FedEx Corp. 31428X106 2950 26586 SH OTHER 22166 4420 Fifth Third Bancorp 316773100 426 10705 SH OTHER 10595 110 First Data Corp. 319963104 248 7595 SH OTHER 7500 95 Halliburton Company 406216101 381 11030 SH OTHER 10910 120 Hershey Foods Corp. 427866108 333 6569 SH OTHER 6489 80 Home Depot Inc. 437076102 2633 66925 SH OTHER 56070 10855 Intel Corp. 458140100 406 17091 SH OTHER 16691 400 Intl. Business Machines 459200101 371 3529 SH OTHER 3479 50 Johnson & Johnson 478160104 2706 43910 SH OTHER 36570 7340 Johnson Controls Inc. 478366107 3323 28706 SH OTHER 24009 4697 Marriott Intl. Inc. 571903202 2769 64049 SH OTHER 53734 10315 Medtronic Inc. 585055106 281 5411 SH OTHER 5411 Merrill Lynch & Co. 590188108 2324 27804 SH OTHER 23044 4760 Microsoft Corp. 594918104 491 16655 SH OTHER 16070 585 Motorola Inc. 620076109 2576 145563 SH OTHER 123613 21950 Nordstrom Inc. 655664100 349 6824 SH OTHER 6719 105 Nucor Corp 670346105 2253 38419 SH OTHER 32014 6405 Pepsico Inc. 713448108 2435 37549 SH OTHER 31150 6399 Pitney Bowes Inc. 724479100 357 7615 SH OTHER 7515 100 Procter & Gamble 742718109 2768 45240 SH OTHER 37760 7480 Simon Property Group 828806109 425 4565 SH OTHER 4515 50 Solectron Corp 834182107 350 95175 SH OTHER 94125 1050 Texas Instruments Inc. 882508104 412 10950 SH OTHER 10805 145 United Tech Corp. 913017109 351 4945 SH OTHER 4875 70 Verizon Comm. 92343V104 1379 33492 SH OTHER 28620 4872 Wal-Mart Stores Inc. 931142103 319 6640 SH OTHER 6380 260 Walt Disney 254687106 343 10045 SH OTHER 9905 140 Weyerhaeuser Co. 962166104 371 4695 SH OTHER 4510 185 Whirlpool Corp 963320106 1465 13175 SH OTHER 11315 1860 Neose Tech 5 yr wts exer at $1 22 394984 SH OTHER 394984