13F-HR 1 l22977ae13fvhr.txt OAK ASSOCIATES 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 September 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 30th day of October 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 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ACCENTURE LTD BERMUDA CL A COM G1150G111 3513 110775 SH SOLE 110775 ACTIVISION INC NEW COM NEW COM 004930202 1736 115000 SH SOLE 115000 ADOBE SYSTEMS INC. COM 00724F101 2643 70561 SH SOLE 70561 AFFYMETRIX INC COM COM 00826T108 44746 2075433 SH SOLE 2075433 AMAZON COM INC COM COM 023135106 78745 2451596 SH SOLE 2451596 AMERICAN INT'L. GRP COM 026874107 699 10553 SH SOLE 10553 AMERICAN SCIENCE &ENGR COM COM 029429107 961 19800 SH SOLE 19800 AMERISOURCEBERGEN CORP COM COM 03073E105 2097 46400 SH SOLE 46400 AMGEN INC COM COM 031162100 120104 1679077 SH SOLE 1679077 APPLE COMPUTER INC COM 037833100 1881 24430 SH SOLE 24430 APPLERA CORP - APPLIED BIOSYST COM 038020103 2179 65800 SH SOLE 65800 APPLIED MATERIALS INC COM COM 038222105 88679 5001638 SH SOLE 5001638 AQUANTIVE INC COM COM 03839G105 1552 65700 SH SOLE 65700 AVID TECHNOLOGY INC COM COM 05367P100 36732 1008576 SH SOLE 1008576 BAKER HUGHES INC COM COM 057224107 61343 899462 SH SOLE 899462 BANK OF AMERICA CORP COM 060505104 221 4132 SH SOLE 4132 BLUE NILE INC COM COM 09578R103 8577 235950 SH SOLE 235950 BMC SOFTWARE INC. COM 055921100 2454 90155 SH SOLE 90155 BROADCOM CORP COM CL A COM 111320107 88863 2928895 SH SOLE 2928895 CATERPILLAR INC DEL COM COM 149123101 78036 1185957 SH SOLE 1185957 CELL GENESYS INC COM COM 150921104 2221 486021 SH SOLE 486021 CERNER CORP. COM 156782104 1662 36600 SH SOLE 36600 CHARLES RIV LABS INTL COM COM 159864107 1823 42000 SH SOLE 42000 CISCO SYS INC COM COM 17275R102 214645 9340533 SH SOLE 9340533 CITIGROUP INC COM COM 172967101 72000 1449557 SH SOLE 1449557 COGNIZANT TECH SOLUTIONS CORP COM 192446102 108541 1466573 SH SOLE 1466573 COLOR KINETICS INC COM 19624P100 808 47600 SH SOLE 47600 CONCEPTUS INC COM COM 206016107 826 46700 SH SOLE 46700 CORCEPT THERAPEUTICS, INC. COM 218352102 217 233208 SH SOLE 233208 DELL INC COM COM 24702R101 9795 428860 SH SOLE 428860 DRS TECHNOLOGIES INC COM COM 23330X100 1236 28300 SH SOLE 28300 DSP GROUP, INC. COM 23332B106 402 17600 SH SOLE 17600 EBAY INC COM COM 278642103 101325 3572810 SH SOLE 3572810 ELI LILLY & CO. COM 532457108 2251 39500 SH SOLE 39500 EMC CORP-MASS COM 268648102 347 28966 SH SOLE 28966 EXPEDIA INC DEL COM COM 30212P105 6798 433530 SH SOLE 433530 EXPEDITORS INTL. WASH. INC. COM 302130109 23815 534200 SH SOLE 534200 EXPRESS SCRIPTS INC. COM 302182100 739 9800 SH SOLE 9800 F5 NETWORKS INC COM COM 315616102 698 13000 SH SOLE 13000 FACTSET RESH SYS INC COM COM 303075105 1409 29000 SH SOLE 29000 FIRST DATA CORP COM 319963104 2380 56678 SH SOLE 56678 FLIR SYSTEMS, INC. COM 302445101 1277 47000 SH SOLE 47000 FORMFACTOR INC COM COM 346375108 1462 34700 SH SOLE 34700 GANNETT CO INC COM 364730101 1648 29000 SH SOLE 29000 GEN-PROBE INC NEW COM COM 36866T103 821 17500 SH SOLE 17500 GENENTECH INC NEW COM 368710406 2051 24800 SH SOLE 24800
Page 1 GENZYME CORP GENERAL DIV COM 372917104 1889 28000 SH SOLE 28000 GILEAD SCIENCES COM 375558103 406 5900 SH SOLE 5900 GOLDMAN SACHS GROUP COM 38141G104 22923 135500 SH SOLE 135500 GOOGLE INC COM CL A COM 38259P508 110217 274240 SH SOLE 274240 HARLEY DAVIDSON INC COM COM 412822108 2799 44600 SH SOLE 44600 HUMAN GENOME SCIENCES COM COM 444903108 1079 93500 SH SOLE 93500 HYDRIL COM COM 448774109 505 9000 SH SOLE 9000 IAC INTERACTIVECORP COM NEW COM 44919P300 7206 250570 SH SOLE 250570 INTEL CORP COM 458140100 34286 1666784 SH SOLE 1666784 INTERNATIONAL BUSINESS MACHINE COM 459200101 4548 55510 SH SOLE 55510 INTERSIL CORP COM 46069S109 349 14220 SH SOLE 14220 INTL SECS EXCH HLDGS CL A COM 46031W204 989 21100 SH SOLE 21100 INVENTIV HEALTH INC COM COM 46122E105 285 8900 SH SOLE 8900 INVITROGEN CORP COM COM 46185R100 6382 100650 SH SOLE 100650 ITRON INC COM 465741106 1283 23000 SH SOLE 23000 ITT CORP COM COM 450911102 74949 1461845 SH SOLE 1461845 J2 GLOBAL COMMUNICATNS COM NEW COM 46626E205 1174 43200 SH SOLE 43200 JOHNSON & JOHNSON COM 478160104 3026 46600 SH SOLE 46600 JUNIPER NETWORKS INC COM COM 48203R104 64561 3736186 SH SOLE 3736186 KING PHARMACEUTICALS COM COM 495582108 1158 68000 SH SOLE 68000 KLA-TENCOR CORP COM COM 482480100 8424 189435 SH SOLE 189435 LEGG MASON INC COM COM 524901105 9592 95100 SH SOLE 95100 LEXMARK INT'L GROUP INC. CL A COM 529771107 2897 50250 SH SOLE 50250 LINEAR TECHNOLOGY CORP COM COM 535678106 9043 290592 SH SOLE 290592 LOWES COMPANIES COM 548661107 202 7200 SH SOLE 7200 MARVELL TECH GROUP LTD ORD COM G5876H105 4861 250940 SH SOLE 250940 MAXIM INTEGRATED PRODS INC COM COM 57772K101 65526 2333540 SH SOLE 2333540 MEDAREX INC COM COM 583916101 2107 196005 SH SOLE 196005 MEDICIS PHARMACEUTICAL CORP. C COM 584690309 2552 78900 SH SOLE 78900 MEDIMMUNE INC COM COM 584699102 3264 111500 SH SOLE 111500 MEDTRONIC INC COM COM 585055106 104427 2248652 SH SOLE 2248652 MICROSOFT COM 594918104 8685 317535 SH SOLE 317535 MORGAN STANLEY COM 617446448 248 3400 SH SOLE 3400 MOTOROLA INC COM 620076109 2742 109695 SH SOLE 109695 NATIONAL SEMICONDUCTOR COM COM 637640103 3406 144735 SH SOLE 144735 NAVTEQ CORP COM COM 63936L100 397 15200 SH SOLE 15200 NELNET INC CL A COM 64031N108 1285 41800 SH SOLE 41800 NOVELLUS SYS INC. COM 670008101 3948 142740 SH SOLE 142740 OCEANEERING INTL INC COM COM 675232102 616 20000 SH SOLE 20000 OPENWAVE SYS INC COM NEW COM 683718308 259 27700 SH SOLE 27700 PACKETEER INC COM COM 695210104 577 67000 SH SOLE 67000 PFIZER INC COM COM 717081103 64637 2279176 SH SOLE 2279176 QUALCOMM INC COM COM 747525103 92787 2552593 SH SOLE 2552593 RACKABLE SYS INC COM COM 750077109 1686 61600 SH SOLE 61600 ROCKWELL AUTOMATION INC COM COM 773903109 27084 466154 SH SOLE 466154 ROCKWELL COLLINS INC COM 774341101 203 3700 SH SOLE 3700 SAFENET INC COM COM 78645R107 382 21000 SH SOLE 21000 SALESFORCE COM INC COM COM 79466L302 1934 53900 SH SOLE 53900 SCHWAB CHARLES CORP NEW COM COM 808513105 190207 10620138 SH SOLE 10620138 SEAGATE TECHNOLOGY SHS COM G7945J104 3177 137595 SH SOLE 137595 SHUFFLE MASTER INC COM COM 825549108 1356 50200 SH SOLE 50200 SIRF TECHNOLOGY HLDGS COM COM 82967H101 480 20000 SH SOLE 20000
Page 2 SLM CORP COM COM 78442P106 16961 326300 SH SOLE 326300 STARBUCK'S COM 855244109 306 9000 SH SOLE 9000 STATE STREET BOSTON CORP COM 857477103 349 5600 SH SOLE 5600 STATION CASINOS INC COM COM 857689103 341 5900 SH SOLE 5900 STRYKER CORP COM 863667101 3075 62000 SH SOLE 62000 SVB FINL GROUP COM COM 78486Q101 1772 39700 SH SOLE 39700 SYMYX TECHNOLOGIES COM COM 87155S108 934 44100 SH SOLE 44100 TECHNE CORP COM COM 878377100 2782 54700 SH SOLE 54700 TIFFANY AND CO. COM 886547108 3652 110000 SH SOLE 110000 TOLL BROTHERS INC COM COM 889478103 208 7400 SH SOLE 7400 UNITED PARCEL SVC INC CL B COM 911312106 349 4850 SH SOLE 4850 UNITEDHEALTH GRP INC COM COM 91324P102 79156 1608859 SH SOLE 1608859 VARIAN SEMICONDUCTOR COM COM 922207105 1009 27500 SH SOLE 27500 VERINT SYS INC COM COM 92343x100 1166 38800 SH SOLE 38800 VIASAT INC COM COM 92552v100 1264 50400 SH SOLE 50400 WATERS CORP COM 941848103 3115 68800 SH SOLE 68800 WATSON PHARMACEUTICALS COM COM 942683103 4213 161000 SH SOLE 161000 WMS INDUSTRIES COM 929297109 1963 67200 SH SOLE 67200 XILINX INC. COM 983919101 8988 409472 SH SOLE 409472 XTO ENERGY INC COM COM 98385X106 253 6000 SH SOLE 6000 YAHOO INC COM 984332106 9652 381800 SH SOLE 381800 CTRIP COM INTL LTD ADR ADR 22943F100 1268 28200 SH SOLE 28200 NOVARTIS A G SPONSORED ADR ADR 66987V109 22248 380700 SH SOLE 380700 OPEN JT STK CO-VIMPEL SPONSORE ADR 68370R109 14323 236400 SH SOLE 236400 SIFY LTD SPONSORED ADR ADR 82655M107 468 51000 SH SOLE 51000 TAIWAN SEMICONDUCTOR SPONSORED ADR 874039100 3379 351967 SH SOLE 351967 TEVA PHARMACEUTICAL INDS LTD A ADR 881624209 105261 3087749 SH SOLE 3087749 UNITED MICROELECTRONCS SPONSOR ADR 910873207 2640 857228 SH SOLE 857228
Page 3 FORM 13F SUMMARY PAGE REPORT SUMMARY QUARTER ENDED 09/30/06 Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 126 Form 13F Information Table Value Total: 2,437,061 (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