SC 13G 1 d859924_13g.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No.) Orthofix International N.V. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------------------------------- (Title of Class of Securities) N6748L102 -------------------------------------------------------------------------------- (CUSIP Number) February 27, 2008 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [x] Rule 13d-1(c) [_] Rule 13d-1(d) CUSIP No. N6748L102 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Porter Orlin LLC** 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 899,209 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 899,209 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 899,209 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.26% 12. TYPE OF REPORTING PERSON* OO CUSIP No. N6748L102 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) A. Alex Porter** 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 899,209 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 899,209 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 899,209 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.26% 12. TYPE OF REPORTING PERSON* IN CUSIP No. N6748L102 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Paul Orlin** 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 899,209 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 899,209 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 899,209 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.26% 12. TYPE OF REPORTING PERSON* IN CUSIP No. N6748L1029 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Geoffrey Hulme** 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 899,209 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 899,209 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 899,209 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.26% 12. TYPE OF REPORTING PERSON* IN CUSIP No. N6748L102 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Jonathan W. Friedland** 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 899,209 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 899,209 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 899,209 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.26% 12. TYPE OF REPORTING PERSON* IN CUSIP No. N6748L102 --------------------- Item 1(a). Name of Issuer: Orthofix International N.V. -------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: 7 Abraham de Veerstraat Curacao Netherlands Antilles -------------------------------------------------------------------- Item 2(a). Name of Person Filing: Porter Orlin LLC A. Alex Porter Paul Orlin Geoffrey Hulme Jonathan W. Friedland -------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: Porter Orlin LLC: 666 5th Avenue, 34th Floor, New York, New York 10103 A. Alex Porter: c/o Porter Orlin LLC, 666 5th Avenue, 34th Floor, New York, New York 10103 Paul Orlin: c/o Porter Orlin LLC, 666 5th Avenue, 34th Floor, New York, New York 10103 Geoffrey Hulme: c/o Porter Orlin LLC, 666 5th Avenue, 34th Floor, New York, New York 10103 Jonathan W. Friedland: c/o Porter Orlin LLC, 666 5th Avenue, 34th Floor, New York, New York 10103 -------------------------------------------------------------------- Item 2(c). Citizenship or Place of Organization: Porter Orlin LLC: Delaware A. Alex Porter: United States of America Paul Orlin: United States of America Geoffrey Hulme: United States of America Jonathan W. Friedland: United States of America -------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock -------------------------------------------------------------------- Item 2(e). CUSIP Number: N6748L102 -------------------------------------------------------------------- Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: Porter Orlin LLC: 899,209 shares A. Alex Porter: 899,209 shares Paul Orlin: 899,209 shares Geoffrey Hulme: 899,209 shares Jonathan W. Friedland: 899,209 shares -------------------------------------------------------------------- (b) Percent of class: Porter Orlin LLC: 5.26% A. Alex Porter: 5.26% Paul Orlin: 5.26% Geoffrey Hulme: 5.26% Jonathan W. Friedland: 5.26% -------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote Porter Orlin LLC: 0 A. Alex Porter: 0 Paul Orlin: 0 Geoffrey Hulme: 0 Jonathan W. Friedland: 0 -----------------------------, (ii) Shared power to vote or to direct the vote Porter Orlin LLC: 899,209 Alex Porter: 899,209 Paul Orlin: 899,209 Geoffrey Hulme: 899,209 Jonathan W. Friedland: 899,209 -----------------------------, (iii) Sole power to dispose or to direct the disposition of Porter Orlin LLC: 0 A. Alex Porter: 0 Paul Orlin: 0 Geoffrey Hulme: 0 Jonathan W. Friedland: 0 -----------------------------, (iv) Shared power to dispose or to direct the disposition of Porter Orlin LLC: 899,209 A. Alex Porter: 899,209 Paul Orlin: 899,209 Geoffrey Hulme: 899,209 Jonathan W. Friedland: 899,209 -----------------------------. Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the Reporting Person has ceased to be the beneficial owner of more than five percent of the class of securities check the following [ ]. N/A ---------------------------------------------------------------------- Item 6. Ownership of More Than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. N/A ---------------------------------------------------------------------- Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. N/A ---------------------------------------------------------------------- Item 8. Identification and Classification of Members of the Group. If a group has filed this schedule pursuant to s.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to s.240.13d-1(c) or s.240.13d-1(d), attach an exhibit stating the identity of each member of the group. N/A ---------------------------------------------------------------------- Item 9. Notice of Dissolution of Group. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. N/A ---------------------------------------------------------------------- Item 10. Certifications. By signing below the Reporting Persons certify that, to the best of their knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. March 3, 2008 --------------------------------- (Date) Porter Orlin LLC** By: /s/ A. Alex Porter --------------------------------- (Signature) A. Alex Porter, Principal --------------------------------- (Name/Title) /s/ A. Alex Porter** --------------------------------- (Signature) A. Alex Porter --------------------------------- /s/ Paul Orlin** --------------------------------- (Signature) Paul Orlin -------------------------------- /s/ Geoffrey Hulme** --------------------------------- (Signature) Geoffrey Hulme --------------------------------- /s/ Jonathan W. Friedland** --------------------------------- (Signature) Jonathan W. Friedland --------------------------------- ** The Reporting Persons hereby disclaim beneficial ownership over the shares reported herein except to the extent of their pecuniary interest therein. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). Exhibit 1 Joint Filing Statement Statement Pursuant to Rule 13d-1(k)(1) The undersigned hereby consent and agree to file a joint statement on Schedule 13G under the Securities Exchange Act of 1934, as amended, with respect to shares of common stock of Orthofix International N.V. beneficially owned by them, together with any or all amendments thereto, when and if appropriate. The parties hereto further consent and agree to file this Statement Pursuant to Rule 13d-1(k)(1)(iii) as an exhibit to Schedule 13G, thereby incorporating the same into such Schedule 13G. Dated: March 3, 2008 Porter Orlin LLC By: /s/ A. Alex Porter ------------------------- Name: A. Alex Porter Title: Principal Dated: March 3, 2008 /s/ A. Alex Porter ------------------------- A. Alex Porter Dated: March 3, 2008 /s/ Paul Orlin ------------------------- Paul Orlin Dated: March 3, 2008 /s/ Geoffrey Hulme ------------------------- Geoffrey Hulme Dated: March 3, 2008 /s/ Jonathan W. Friedland ------------------------- Jonathan W. Friedland SK 02903 0004 859924