13F-HR 1 l21859ae13fvhr.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 June 30, 2006 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 August 2006 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 TITLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ -------- --------- -------- -------- --- ---- ------- -------- -------- -------- -------- ACCENTURE LTD BERMUDA CL A COM G1150G111 3144 111000 SH SOLE 111000 ACTIVISION INC NEW COM NEW COM 004930202 1309 115000 SH SOLE 115000 ADOBE SYSTEMS INC. COM 00724F101 5505 181331 SH SOLE 181331 AFFYMETRIX INC COM COM 00826T108 59816 2336568 SH SOLE 2336568 AMAZON COM INC COM COM 023135106 100551 2599561 SH SOLE 2599561 AMERICAN INT'L. GRP COM 026874107 623 10553 SH SOLE 10553 AMERICAN SCIENCE &ENGR COM COM 029429107 1147 19800 SH SOLE 19800 AMERISOURCEBERGEN CORP COM COM 03073E105 2763 65900 SH SOLE 65900 AMGEN INC COM COM 031162100 118648 1818913 SH SOLE 1818913 APPLE COMPUTER INC COM 037833100 4227 73815 SH SOLE 73815 APPLIED BIOSYSTEMS COM 038020103 3374 104300 SH SOLE 104300 APPLIED MATERIALS INC COM COM 038222105 90648 5568063 SH SOLE 5568063 AQUANTIVE INC COM COM 03839G105 1360 53700 SH SOLE 53700 AVID TECHNOLOGY INC COM COM 05367P100 39547 1186519 SH SOLE 1186519
Page 1 BAKER HUGHES INC COM COM 057224107 99582 1216642 SH SOLE 1216642 BANK OF AMERICA CORP COM 060505104 285 5935 SH SOLE 5935 BLUE NILE INC COM COM 09578R103 6985 217185 SH SOLE 217185 BMC SOFTWARE INC. COM 055921100 2063 86310 SH SOLE 86310 BROADCOM CORP COM CL A COM 111320107 50657 1670200 SH SOLE 1670200 CALIPER LIFE SCIENCES COM COM 130872104 659 132000 SH SOLE 132000 CATERPILLAR INC DEL COM COM 149123101 135125 1814241 SH SOLE 1814241 CELL GENESYS INC COM COM 150921104 1561 311021 SH SOLE 311021 CERNER CORP. COM 156782104 3136 84500 SH SOLE 84500 CHARLES RIV LABS INTL COM COM 159864107 1546 42000 SH SOLE 42000 CISCO SYS INC COM COM 17275R102 207162 10607382 SH SOLE 10607382 CITIGROUP INC COM COM 172967101 78381 1624478 SH SOLE 1624478 COGNIZANT TECH SOLUTIONS CORP COM 192446102 115065 1707953 SH SOLE 1707953 COLOR KINETICS INC COM 19624P100 938 49600 SH SOLE 49600 CORCEPT THERAPEUTICS, INC. COM 218352102 944 233208 SH SOLE 233208 CREE INC COM COM 225447101 475 20000 SH SOLE 20000 DELL INC COM COM 24702R101 9501 388425 SH SOLE 388425 DRS TECHNOLOGIES INC COM COM 23330X100 1409 28900 SH SOLE 28900 DSP GROUP, INC. COM 23332B106 437 17600 SH SOLE 17600 EBAY INC COM COM 278642103 113126 3862282 SH SOLE 3862282 ELECTRONIC ARTS INC COM COM 285512109 41604 966641 SH SOLE 966641 ELI LILLY & CO. COM 532457108 3112 56300 SH SOLE 56300
Page 2 EMC CORP-MASS COM 268648102 498 45398 SH SOLE 45398 EPIX PHARMACEUTICALS, INC. COM 26881Q101 525 120713 SH SOLE 120713 EXPEDIA INC DEL COM COM 30212P105 4393 293080 SH SOLE 293080 EXPEDITORS INTL. WASH. INC. COM 302130109 370 6600 SH SOLE 6600 EXPRESS SCRIPTS INC. COM 302182100 976 13600 SH SOLE 13600 F5 NETWORKS INC COM COM 315616102 963 18000 SH SOLE 18000 FIRST DATA CORP COM 319963104 2643 58678 SH SOLE 58678 FLIR SYSTEMS, INC. COM 302445101 1534 67000 SH SOLE 67000 FORMFACTOR INC COM COM 346375108 1995 44700 SH SOLE 44700 GENENTECH INC NEW COM 368710406 2274 27800 SH SOLE 27800 GENZYME CORP GENERAL DIV COM 372917104 1532 25100 SH SOLE 25100 GILEAD SCIENCES COM 375558103 2759 46640 SH SOLE 46640 GLOBAL PMTS INC COM COM 37940X102 19469 401000 SH SOLE 401000 GOLDMAN SACHS GROUP COM 38141G104 25287 168100 SH SOLE 168100 GOOGLE INC COM CL A COM 38259P508 131008 312422 SH SOLE 312422 HARLEY DAVIDSON, INC COM 412822108 2448 44600 SH SOLE 44600 HEADWATERS INC COM 42210P102 721 28200 SH SOLE 28200 HYDRIL COM COM 448774109 1413 18000 SH SOLE 18000 IAC INTERACTIVECORP COM NEW COM 44919P300 6644 250795 SH SOLE 250795 INTEL CORP COM 458140100 32412 1705878 SH SOLE 1705878
Page 3 INTERNATIONAL BUSINESS MACHINE COM 459200101 2709 35260 SH SOLE 35260 INTERNATIONAL SECS EXC CL A COM 46031W204 423 11100 SH SOLE 11100 INTERSIL CORP COM 46069S109 445 19120 SH SOLE 19120 INTUITIVE SURGICAL INC COM NEW COM 46120E602 2087 18145 SH SOLE 18145 INVITROGEN CORP COM COM 46185R100 6589 99720 SH SOLE 99720 ITRON INC COM 465741106 1067 18000 SH SOLE 18000 ITT CORP COM COM 450911102 24568 496320 SH SOLE 496320 J2 GLOBAL COMMUNICANTS COM NEW COM 46626E205 1380 44200 SH SOLE 44200 JOHNSON & JOHNSON COM 478160104 2912 48600 SH SOLE 48600 JUNIPER NETWORKS INC COM COM 48203R104 89893 5621855 SH SOLE 5621855 KLA-TENCOR CORP COM COM 482480100 7876 189470 SH SOLE 189470 LEXMARK INT'L GROUP INC. CL A COM 529771107 2812 50370 SH SOLE 50370 LINEAR TECHNOLOGY CORP COM COM 535678106 52940 1580764 SH SOLE 1580764 LOWES COMPANIES COM 548661107 400 6600 SH SOLE 6600 MARVELL TECH GROUP LTD ORD COM G5876H105 6138 138470 SH SOLE 138470 MAXIM INTEGRATED PRODS INC COM COM 57772K101 82281 2562475 SH SOLE 2562475 MBOP LIQUIDATING TR TR CTF COM 552629206 0 10022 SH SOLE 10022 MEDICIS PHARMACEUTICAL CORP. C COM 584690309 1894 78900 SH SOLE 78900 MEDIMMUNE INC COM COM 584699102 3022 111500 SH SOLE 111500 MEDTRONIC INC COM COM 585055106 115554 2462790 SH SOLE 2462790
Page 4 MICROSOFT COM 594918104 8699 373362 SH SOLE 373362 MORGAN STANLEY COM 617446448 316 5000 SH SOLE 5000 MOTOROLA INC COM 620076109 2274 112865 SH SOLE 112865 MYLAN LABORATORIES INC. COM 628530107 220 11000 SH SOLE 11000 NATIONAL OILWELL VARCO COM COM 637071101 279 4400 SH SOLE 4400 NATIONAL SEMICONDUCTOR COM COM 637640103 334 14000 SH SOLE 14000 NAVTEQ CORP COM COM 63936L100 1139 25500 SH SOLE 25500 NOVELLUS SYS INC. COM 670008101 3358 135970 SH SOLE 135970 OCEANEERING INTL INC COM COM 675232102 2384 52000 SH SOLE 52000 PACKETEER INC COM COM 695210104 1100 97000 SH SOLE 97000 PFIZER INC COM COM 717081103 61863 2635815 SH SOLE 2635815 QUALCOMM INC COM COM 747525103 114032 2845809 SH SOLE 2845809 RACKABLE SYS INC COM COM 750077109 1923 48700 SH SOLE 48700 RED HAT INC COM COM 756577102 1768 75555 SH SOLE 75555 RIGEL PHARMACEUTICALS COM NEW COM 766559603 406 41700 SH SOLE 41700 ROCKWELL AUTOMATION INC COM COM 773903109 105949 1471311 SH SOLE 1471311 ROCKWELL COLLINS INC COM 774341101 212 3800 SH SOLE 3800 SALESFORCE COM INC COM COM 79466L302 1592 59700 SH SOLE 59700 SCHLUMBERGER LTD. COM 806857108 241 3700 SH SOLE 3700 SCHWAB CHARLES CORP NEW COM COM 808513105 195909 12259667 SH SOLE 12259667 SIRF TECHNOLOGY HLDGS COM COM 82967H101 805 25000 SH SOLE 25000
Page 5 STARBUCK'S COM 855244103 344 9100 SH SOLE 9100 STATE STREET BOSTON CORP COM 857477103 325 5600 SH SOLE 5600 STATION CASINOS INC COM COM 857689103 402 5900 SH SOLE 5900 STRYKER CORP COM 863667101 3322 78900 SH SOLE 78900 SVB FINL GROUP COM COM 78486Q101 2296 50500 SH SOLE 50500 SYMANTEC CORPORATION COM 871503108 217 13975 SH SOLE 13975 SYMBOL TECHNOLOGIES INC. COM 871508107 156 14500 SH SOLE 14500 SYMYX TECHNOLOGIES COM COM 87155S108 1802 74600 SH SOLE 74600 TECHNE CORP COM COM 878377100 3396 66700 SH SOLE 66700 TIFFANY AND CO. COM 886547108 3632 110000 SH SOLE 110000 ULTIMATE SOFTWARE GRP COM COM 90385D107 364 19000 SH SOLE 19000 UNITED PARCEL SVC INC CL B COM 911312106 934 11350 SH SOLE 11350 UNITEDHEALTH GROUP INC COM COM 91324P102 77073 1721141 SH SOLE 1721141 VERINT SYS INC COM COM 92343x100 1865 63900 SH SOLE 63900 VIASAT INC COM COM 92552v100 1423 55400 SH SOLE 55400 WATERS CORP COM 941848103 3366 75800 SH SOLE 75800 WATSON PHARMACEUTICALS COM COM 942683103 3776 162200 SH SOLE 162200 WMS INDUSTRIES COM 929297109 1978 72200 SH SOLE 72200 XILINX INC. COM 983919101 5935 262042 SH SOLE 262042 XTO ENERGY INC COM COM 98385X106 221 5000 SH SOLE 5000
Page 6 YAHOO INC COM 984332106 13773 417360 SH SOLE 417360 CTRIP COM INTL LTD ADR ADR 22943F100 1843 36100 SH SOLE 36100 NOVARTIS A G SPONSORED ADR ADR 66987V109 19142 355000 SH SOLE 355000 OPEN JT STK CO-VIMPEL SPONSORE ADR 68370R109 18902 412535 SH SOLE 412535 SIFY LTD SPONSORED ADR ADR 82655M107 111 11100 SH SOLE 11100 TAIWAN SEMICONDUCTOR SPONSORED ADR 874039100 2273 247653 SH SOLE 247653 TEVA PHARMACEUTICAL INDS LTD S ADR 881624209 105266 3332270 SH SOLE 3332270
Page 7 FORM 13F SUMMARY PAGE REPORT SUMMARY QUARTER ENDED 06/30/06 Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 124 Form 13F Information Table Value Total: 2,730,208 (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