13F-HR 1 rpt_13f0601.txt 13F REPORT Main Page (1) TYPE 13F-HR PERIOD 06/30/2001 FILER CIK 0000051879 CCC 7eokwaz# SUBMISSION-CONTACT NAME Jill Stevenson PHONE 612-376-2862 Attached Documents Page (2) FORM 13F FORM 13f COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2001 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: Paladin Investment Associates, LLC Address: 601 2nd Avenue South Minneapolis, Mn 55440 13F File Number: 028-00069 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 submission. Person signing this Report on Behalf of Reporting Manager: Name: Jill Stevenson Title: Vice President, Director of Operations Phone: 612-376-2862 Signature, Place, and Date of Signing: Jill Stevenson Minneapolis, Minnesota Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 229 Form 13F Information Table Value Total: $470,751 List of Other Included Managers: No. 13F File Number Name 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 99 Cents Only Stores COM 65440K106 2353 78553.0000SH SOLE 58304.0000 20249.0000 ADC Telecommunications Inc COM 000886101 1077 163200.0000SH SOLE 163200.0000 AES Corporation COM 00130H105 1265 29380.0000SH SOLE 29380.0000 AFC Enterprises COM 00104Q107 3491 182300.0000SH SOLE 135500.0000 46800.0000 AOL Time Warner Inc COM 00184A105 8058 152046.0000SH SOLE 144046.0000 8000.0000 Abbott Labs COM 002824100 1051 21900.0000SH SOLE 10900.0000 11000.0000 Abercrombie & Fitch Co-CL A COM 002896207 2985 67050.0000SH SOLE 67050.0000 Adept Technology Inc COM 006854103 1478 149250.0000SH SOLE 110750.0000 38500.0000 Advanced Energy Industries COM 007973100 3576 86650.0000SH SOLE 64350.0000 22300.0000 Aeroflex Inc COM 007768104 3747 356875.0000SH SOLE 265175.0000 91700.0000 Affiliated Managers Group Inc COM 008252108 5117 83200.0000SH SOLE 61900.0000 21300.0000 Alamosa Holdings Inc COM 011589108 3174 194700.0000SH SOLE 144700.0000 50000.0000 Albany Molecular Research COM 012423109 3170 83400.0000SH SOLE 61950.0000 21450.0000 Alberto-Culver Co COM 013068101 357 8500.0000SH SOLE 8500.0000 Alcoa Inc COM 013817101 343 8700.0000SH SOLE 8700.0000 Alliance Cap Mgmt L P COM 01855A101 424 8000.0000SH SOLE 8000.0000 Alliant Techsystems Inc COM 018804104 270 3000.0000SH SOLE 3000.0000 Amdocs Ltd COM G02602103 5549 103050.0000SH SOLE 103050.0000 American Capital Strategies COM 024937104 2806 100000.0000SH SOLE 74300.0000 25700.0000 American Eagle Outfitters COM 02553E106 1898 53850.0000SH SOLE 53850.0000 American Home Products Corp COM 026609107 4571 77805.0000SH SOLE 77805.0000 American Intl Group Inc COM 026874107 1262 14844.0000SH SOLE 14844.0000 Americredit Corp COM 03060R101 1029 19800.0000SH SOLE 19800.0000 Amgen Inc COM 031162100 2556 42120.0000SH SOLE 42120.0000 Analog Devices Inc COM 032654105 2514 58135.0000SH SOLE 58135.0000 Anheuser-Busch Cos Inc COM 035229103 317 7700.0000SH SOLE 7700.0000 Apogent Technologies Inc COM 03760A101 2194 89200.0000SH SOLE 89200.0000 Apollo Group Inc - CL A COM 037604105 2691 63400.0000SH SOLE 63400.0000 Applied Molecular Evolution COM 03823E108 924 74000.0000SH SOLE 55000.0000 19000.0000 Arch Coal Inc COM 039380100 1826 70575.0000SH SOLE 52425.0000 18150.0000 Atlas Air Worldwide Hldgs Inc COM 049164106 1151 81250.0000SH SOLE 60450.0000 20800.0000 August Technology Corp COM 05106U105 3736 261650.0000SH SOLE 193750.0000 67900.0000 Avocent Corporation COM 053893103 3847 169100.0000SH SOLE 136900.0000 32200.0000 Axt Inc. COM 00246W103 2607 97625.0000SH SOLE 72525.0000 25100.0000 BJ Services Co COM 055482103 2355 81200.0000SH SOLE 81200.0000 Baker Hughes COM 057224107 385 11500.0000SH SOLE 11500.0000 Bank of America Corp COM 060505104 1829 30470.0000SH SOLE 30470.0000 Baxter International Inc COM 071813109 2471 48940.0000SH SOLE 33140.0000 15800.0000 Bea Systems Inc COM 073325102 952 31000.0000SH SOLE 31000.0000 Bed Bath & Beyond Inc COM 075896100 2055 65850.0000SH SOLE 65850.0000 Bellsouth Corp COM 079860102 290 7200.0000SH SOLE 7200.0000 Best Buy Inc COM 086516101 254 4000.0000SH SOLE 4000.0000 Biogen Inc. COM 090597105 462 8500.0000SH SOLE 8500.0000 Biomet Inc COM 090613100 2052 42700.0000SH SOLE 42700.0000 Black & Decker Corp COM 091797100 280 7100.0000SH SOLE 7100.0000 Boston Private Fincl Hldg COM 101119105 5421 242000.0000SH SOLE 179900.0000 62100.0000 Brinker International Inc COM 109641100 822 31800.0000SH SOLE 31800.0000 Brunswick Corp COM 117043109 216 9000.0000SH SOLE 9000.0000 Buca Inc COM 117769109 5402 248350.0000SH SOLE 184450.0000 63900.0000 C.H. Robinson Worldwide Inc COM 12541W100 335 12000.0000SH SOLE 12000.0000 CVS Corp COM 126650100 2259 58530.0000SH SOLE 58530.0000 Calpine Corp COM 131347106 5047 133510.0000SH SOLE 133510.0000 Capital One Financial Corp COM 14040H105 1709 28405.0000SH SOLE 28405.0000 Cardinal Health Inc COM 14149Y108 7367 106764.0000SH SOLE 106764.0000 Check Point Software Tech COM M22465104 1487 29400.0000SH SOLE 29400.0000 Chevron Corp COM 166751107 1079 11920.0000SH SOLE 11920.0000 Chubb Corp COM 171232101 379 4900.0000SH SOLE 4900.0000 Cisco Systems Inc COM 17275R102 3025 166215.0000SH SOLE 166215.0000 Citigroup Inc COM 172967101 4795 90742.0000SH SOLE 90742.0000 Clear Channel Communications COM 184502102 4834 77095.0000SH SOLE 77095.0000 Coherent Inc COM 192479103 1266 35000.0000SH SOLE 26000.0000 9000.0000 Colgate Palmolive Co COM 194162103 524 8880.0000SH SOLE 8880.0000 Comcast Corp - Cl A SPL COM 200300200 3362 77460.0000SH SOLE 77460.0000 Compaq Computer Corp COM 204493100 848 55355.0000SH SOLE 55355.0000 Concord EFS Inc COM 206197105 2889 55550.0000SH SOLE 52050.0000 3500.0000 Core Laboratories N.V. COM N22717107 3119 166350.0000SH SOLE 123550.0000 42800.0000 DMC Stratex Networks Inc COM 23322L106 3078 307800.0000SH SOLE 229100.0000 78700.0000 DOW Chemical COM 260543103 259 7800.0000SH SOLE 7800.0000 DST Systems Inc COM 233326107 369 7000.0000SH SOLE 7000.0000 Devry COM 251893103 3173 87850.0000SH SOLE 68850.0000 19000.0000 Diamond Offshore Drilling COM 25271C102 231 7000.0000SH SOLE 7000.0000 Discovery Partners Intl COM 254675101 612 136050.0000SH SOLE 101250.0000 34800.0000 Disney Walt Co COM 254687106 217 7500.0000SH SOLE 7500.0000 Donaldson Co Inc COM 257651109 312 10000.0000SH SOLE 10000.0000 Donnelley R R & Sons Co COM 257867101 297 10000.0000SH SOLE 10000.0000 Duke Energy COM 264399106 511 13100.0000SH SOLE 13100.0000 E M C Corp Mass COM 268648102 1216 41570.0000SH SOLE 41570.0000 E. Piphany Inc COM 26881V100 2100 206675.0000SH SOLE 153575.0000 53100.0000 Eclipsys Corp COM 278856109 5161 215050.0000SH SOLE 159750.0000 55300.0000 Eden Bioscience Corp COM 279445100 1291 129250.0000SH SOLE 96100.0000 33150.0000 Edison Schools Inc COM 281033100 2904 127150.0000SH SOLE 94550.0000 32600.0000 Electronic Arts Inc COM 285512109 2652 45800.0000SH SOLE 45800.0000 Electronic Data Systems Corp COM 285661104 438 7000.0000SH SOLE 7000.0000 Emerson Elec Co COM 291011104 393 6500.0000SH SOLE 6500.0000 Enron Corp COM 293561106 511 10405.0000SH SOLE 10405.0000 Exar Corp COM 300645108 1380 69850.0000SH SOLE 51950.0000 17900.0000 Exelon Coporation COM 30161N101 513 8000.0000SH SOLE 8000.0000 Express Scripts Inc Class A COM 302182100 3024 54950.0000SH SOLE 54950.0000 Exxon Mobil Corporation COM 30231G102 3084 35310.0000SH SOLE 28810.0000 6500.0000 FPL Group Inc COM 302571104 325 5400.0000SH SOLE 5400.0000 Family Dollar Stores Inc COM 307000109 1929 75250.0000SH SOLE 75250.0000 Fannie Mae COM 313586109 340 4000.0000SH SOLE 4000.0000 Fastenal Co COM 311900104 434 7000.0000SH SOLE 7000.0000 Federal Home Loan Mortgage Cor COM 313400301 1420 20865.0000SH SOLE 20865.0000 Federated Department Stores COM 31410H101 302 7100.0000SH SOLE 7100.0000 Fidelity National Financial In COM 316326107 799 32500.0000SH SOLE 32500.0000 Fiserv Inc COM 337738108 480 7500.0000SH SOLE 7500.0000 Fleet Boston Financial Corp COM 339030108 1107 28070.0000SH SOLE 28070.0000 Flextronics Intl Ltd COM Y2573F102 6833 261687.0000SH SOLE 261687.0000 Ford Motor Company COM 345370860 305 12426.0000SH SOLE 12426.0000 Genaissance Pharmaceuticals COM 36867W105 1400 99700.0000SH SOLE 74200.0000 25500.0000 General Elec Co COM 369604103 10463 214625.0000SH SOLE 214625.0000 Genetech COM 368710406 1862 33800.0000SH SOLE 33800.0000 Global Crossing Ltd COM G3921A100 2564 296780.0000SH SOLE 296780.0000 Goldman Sachs Group Inc COM 38141G104 378 4400.0000SH SOLE 4400.0000 Graco Inc COM 384109104 297 9000.0000SH SOLE 9000.0000 Guidant Corp COM 401698105 472 13100.0000SH SOLE 13100.0000 Halliburton Co COM 406216101 1368 38430.0000SH SOLE 38430.0000 Harley Davidson Inc COM 412822108 235 5000.0000SH SOLE 5000.0000 Health Mgmt Associates Inc - A COM 421933102 3650 173500.0000SH SOLE 173500.0000 Hispanic Broadcasting Corp COM 43357B104 2476 86300.0000SH SOLE 86300.0000 Honeywell International Inc COM 438516106 210 6000.0000SH SOLE 6000.0000 Hormel Foods Corp COM 440452100 609 25000.0000SH SOLE 25000.0000 Hotel Reservations Inc COM 441451101 5049 108500.0000SH SOLE 80700.0000 27800.0000 Household Intl Inc COM 441815107 734 11000.0000SH SOLE 11000.0000 I2 Technologies Inc COM 465754109 1668 84250.0000SH SOLE 84250.0000 IDEC Pharmaceuticals COM 449370105 1872 27650.0000SH SOLE 27650.0000 IMPCO Technologies Inc COM 45255W106 2495 70575.0000SH SOLE 52475.0000 18100.0000 Illinois Tool Wks Inc COM 452308109 570 9000.0000SH SOLE 9000.0000 Impath Inc COM 45255G101 2946 66500.0000SH SOLE 49400.0000 17100.0000 Intel Corp COM 458140100 4582 156660.0000SH SOLE 156660.0000 Intermagnetics General Corp COM 458771102 2074 64000.0000SH SOLE 47600.0000 16400.0000 International Business Machine COM 459200101 4173 36930.0000SH SOLE 36930.0000 International Paper Co COM 460146103 293 8200.0000SH SOLE 8200.0000 Internet Security Systems COM 46060X107 3678 75750.0000SH SOLE 63350.0000 12400.0000 Interwoven Inc COM 46114T102 2357 139475.0000SH SOLE 103575.0000 35900.0000 JP Morgan Chase & Co COM 46625H100 3542 79425.0000SH SOLE 79425.0000 Jakks Pacific Inc COM 47012E106 4104 219450.0000SH SOLE 162800.0000 56650.0000 Johnson & Johnson COM 478160104 820 16400.0000SH SOLE 6600.0000 9800.0000 Jones Apparel Group Inc COM 480074103 1015 23500.0000SH SOLE 23500.0000 KLA-Tencor Corp COM 482480100 877 15000.0000SH SOLE 15000.0000 KPMG Consulting Inc COM 48265R109 1193 77700.0000SH SOLE 77700.0000 KV Pharmaceutical Co COM 482740206 4444 160150.0000SH SOLE 118975.0000 41175.0000 Kraft Foods Inc. COM 50075N104 248 8000.0000SH SOLE 8000.0000 Lear Corporation COM 521865105 325 9300.0000SH SOLE 9300.0000 Linens 'N Things COM 535679104 2782 101825.0000SH SOLE 75625.0000 26200.0000 Lowes Cos Inc COM 548661107 3507 48345.0000SH SOLE 48345.0000 MGIC Invt Corp Wis COM 552848103 654 9000.0000SH SOLE 9000.0000 Manugistics Group Inc COM 565011103 5308 211475.0000SH SOLE 176575.0000 34900.0000 Marsh & McLennan Cos Inc. COM 571748102 333 3300.0000SH SOLE 3300.0000 Martek Biosciences Corp COM 572901106 2731 95825.0000SH SOLE 71225.0000 24600.0000 Masco Corp COM 574599106 462 18500.0000SH SOLE 18500.0000 Maxygen COM 577776107 1334 68750.0000SH SOLE 51050.0000 17700.0000 McLeod Inc - Cla COM 582266102 624 136050.0000SH SOLE 136050.0000 Medimmune Inc. COM 584699102 2815 59650.0000SH SOLE 59650.0000 Medtronic Inc COM 585055106 5652 122840.0000SH SOLE 112840.0000 10000.0000 Mellon Financial Corp COM 58551A108 901 20100.0000SH SOLE 20100.0000 Mentor Corp/Minn COM 587188103 3982 139725.0000SH SOLE 103825.0000 35900.0000 Micrel Inc. COM 594793101 1795 54400.0000SH SOLE 54400.0000 Microsoft Corp COM 594918104 6461 88500.0000SH SOLE 88500.0000 Millipore Corp. COM 601073109 496 8000.0000SH SOLE 8000.0000 Minimed Inc. COM 60365K108 1562 32550.0000SH SOLE 32550.0000 Minnesota Mng & Mfg Co. COM 604059105 456 4000.0000SH SOLE 4000.0000 NRG Energy Inc. COM 629377102 508 23000.0000SH SOLE 23000.0000 Nabors Industries Inc COM 629568106 2797 75200.0000SH SOLE 75200.0000 National Commerce Financial Co COM 63545P104 2279 93500.0000SH SOLE 93500.0000 Netiq Corp. COM 64115P102 2443 78075.0000SH SOLE 57975.0000 20100.0000 Network Appliance Inc COM 64120L104 1326 96800.0000SH SOLE 96800.0000 Neuberger Berman Inc COM 641234109 1006 14800.0000SH SOLE 14800.0000 Noble Affiliates Inc COM 654894104 371 10500.0000SH SOLE 10500.0000 Noble Drilling Corp. COM 655042109 1279 39050.0000SH SOLE 39050.0000 North Fork Bancorporation COM 659424105 1051 33900.0000SH SOLE 33900.0000 Novelus Systems Inc COM 670008101 880 15500.0000SH SOLE 15500.0000 Oracle Sys Corp. COM 68389X105 2217 116665.0000SH SOLE 116665.0000 Pacific Sunwear of California COM 694873100 4047 180425.0000SH SOLE 134225.0000 46200.0000 Packeteer Inc. COM 695210104 2480 197950.0000SH SOLE 147050.0000 50900.0000 Patterson-UTI Energy Inc COM 703481101 2984 167000.0000SH SOLE 124000.0000 43000.0000 Pepsico Inc COM 713448108 2904 65700.0000SH SOLE 65700.0000 Pfizer Inc COM 717081103 5517 137758.0000SH SOLE 137758.0000 Pharmacopeia Inc. COM 71713B104 4275 178125.0000SH SOLE 132325.0000 45800.0000 Philip Morris Cos Inc COM 718154107 2538 50000.0000SH SOLE 50000.0000 Phillips Petroleum Co. COM 718507106 473 8300.0000SH SOLE 8300.0000 Plexus Corp COM 729132100 2625 79550.0000SH SOLE 59050.0000 20500.0000 Powerwave Technologies Inc COM 739363109 2640 182050.0000SH SOLE 156850.0000 25200.0000 Proxim Inc COM 744284100 3815 270575.0000SH SOLE 201075.0000 69500.0000 Quest Diagnostics Inc COM 74834L100 2455 32800.0000SH SOLE 32800.0000 Quiksilver Inc COM 74838C106 4691 187650.0000SH SOLE 139400.0000 48250.0000 Qwest Communications Intl COM 749121109 386 12100.0000SH SOLE 12100.0000 RF Micro Devices Inc COM 749941100 932 34550.0000SH SOLE 34550.0000 Radian Group Inc COM 750236101 3625 89624.0000SH SOLE 66684.0000 22940.0000 Rational Software Corp COM 75409P202 1711 61000.0000SH SOLE 61000.0000 Rehabcare Group Inc COM 759148109 6953 144250.0000SH SOLE 107950.0000 36300.0000 Remec Inc COM 759543101 7098 572450.0000SH SOLE 449050.0000 123400.000 Renal Care Group Inc COM 759930100 4251 129250.0000SH SOLE 95637.0000 33613.0000 Robert Half Intl Inc COM 770323103 999 40150.0000SH SOLE 40150.0000 SBC Communications Inc COM 78387G103 469 11700.0000SH SOLE 11700.0000 Schlumberger Ltd COM 806857108 470 8930.0000SH SOLE 8930.0000 Smith Intl Inc COM 832110100 845 14000.0000SH SOLE 14000.0000 Sonus Networks Inc COM 835916107 369 15795.0000SH SOLE 15795.0000 St. Paul Cos Inc COM 792860108 558 11000.0000SH SOLE 11000.0000 Sun Microsystems Inc COM 866810104 1464 93110.0000SH SOLE 93110.0000 Sungard Data Systems Inc COM 867363103 660 22000.0000SH SOLE 22000.0000 Suntrust Banks Inc COM 867914103 240 3700.0000SH SOLE 3700.0000 Synopsys Inc COM 871607107 2232 46115.0000SH SOLE 46115.0000 T Rowe Price Group Inc COM 74144T108 1301 34800.0000SH SOLE 34800.0000 TCF Financial Corp COM 872275102 1732 37400.0000SH SOLE 24400.0000 13000.0000 THQ Inc COM 872443403 4396 73725.0000SH SOLE 54825.0000 18900.0000 Tanox Inc COM 87588Q109 1691 53600.0000SH SOLE 53600.0000 Target Corp COM 87612E106 2800 80925.0000SH SOLE 68925.0000 12000.0000 Telephone & Data Sys Inc COM 879433100 1262 11600.0000SH SOLE 11600.0000 Triquint Semiconductor Inc. COM 89674K103 2876 127800.0000SH SOLE 95000.0000 32800.0000 Tyco International Ltd COM 902124106 8200 150435.0000SH SOLE 150435.0000 USA Education Inc COM 90390U102 555 7600.0000SH SOLE 7600.0000 Ubiquitel Inc COM 903474302 2112 277850.0000SH SOLE 206850.0000 71000.0000 Ultimate Electronics Inc COM 903849107 3856 118950.0000SH SOLE 88050.0000 30900.0000 Union Pacific Corp COM 907818108 549 10000.0000SH SOLE 10000.0000 Unitedhealth Group Inc COM 91324P102 284 4600.0000SH SOLE 4600.0000 Univision Communications - A COM 914906102 1891 44200.0000SH SOLE 44200.0000 Vascular Solutions inc COM 92231M109 865 104550.0000SH SOLE 77850.0000 26700.0000 Veeco Instruments Inc COM 922417100 1878 47250.0000SH SOLE 35150.0000 12100.0000 Verizon Communications COM 92343V104 1520 28420.0000SH SOLE 28420.0000 Vertex Interactive Inc COM 925322109 43 21208.0000SH SOLE 21208.0000 Viacom Inc CL - B COM 925524308 336 6500.0000SH SOLE 6500.0000 Virata Corp COM 927646109 2563 216300.0000SH SOLE 160500.0000 55800.0000 Vitesse Semiconductor Corp COM 928497106 808 38400.0000SH SOLE 38400.0000 Wal Mart Stores Inc COM 931142103 1354 27750.0000SH SOLE 27750.0000 Walgreen Co COM 931422109 482 14000.0000SH SOLE 14000.0000 Waters Corporation COM 941848103 896 32450.0000SH SOLE 32450.0000 Watson Pharmaceuticals Inc COM 942683103 2398 38900.0000SH SOLE 38900.0000 Wells Fargo Company COM 949746101 743 16000.0000SH SOLE 9000.0000 7000.0000 Weyehaeuser Co COM 962166104 1072 19500.0000SH SOLE 19500.0000 Williams Cos Inc COM 969457100 287 8700.0000SH SOLE 8700.0000 Williams Sonoma Inc COM 969904101 2931 75500.0000SH SOLE 75500.0000 Worldcom Inc COM 98157D106 910 64090.0000SH SOLE 64090.0000 Wrigley WM Jr Co COM 982526105 478 10200.0000SH SOLE 10200.0000 Xcel Energy Inc COM 98389B100 711 25000.0000SH SOLE 25000.0000 Xilinx Inc COM 983919101 1165 28250.0000SH SOLE 28250.0000 Zoran Corp COM 98975F101 4703 158250.0000SH SOLE 117550.0000 40700.0000 Shire Pharmaceuticals GR - ADR ADR 82481R106 2362 42550 SH SOLE 42550