13F-HR 1 q11013f.txt 1Q201013F-HR Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 31-Mar-10 Check here if Amendment [ ] ; Amendment Number: ________ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manger Filing this Report: Name: Perkins Capital Management, Inc. Address: 730 East Lake Street, Wayzata, Minnesota 55391 SEC File Number:801-22888 The institutional investment manager filing this report an 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 is understood that all required items, statements, schedules, lists and tables are considered integral parts of this form. Person signing on this Report on Behalf of Reporting Manager: Name: Richard C. Perkins Title: Executive Vice President/Portfolio Manager Phone: (952) 473-8367 Signature: /s/ Richard C. Perkins Place and Date of Signing: 22-Apr-10 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).) TITLE VALUE SHARES/ SH/ PUT/ INVT OTR VOTING AUTHORITY NAME OF ISSUER OF CLSS CUSIP X1000 PRN AMT PRN CALL DSCRTN MGRS SOLE SHRD NONE ABRAXAS PETE CORP COM 003830106 250 130000 SH Sole 130000 ADDVANTAGE TECH NOLOGIES GP I COM NEW 006743306 137 60000 SH Sole 60000 ADVANCED ANALOGIC TECHNOLOGI COM 00752J108 181 52000 SH Sole 50000 2000 ALNYLAM PHARMA CEUTICALS INC COM 02043Q107 188 11050 SH Sole 7700 3350 ALTRIA GROUP INC COM 02209S103 292 14250 SH Sole 10750 3500 AMYLIN PHARMA CEUTICALS INC COM 032346108 243 10800 SH Sole 6400 4400 APPLIANCE RECY CLING CTRS AME COM NEW 03814F205 2363 859175 SH Sole 558300 300875 ARRAY BIOPHARMA INC COM 04269X105 819 299000 SH Sole 106000 193000 ART TECHNOLOGY GROUP INC COM 04289L107 897 203350 SH Sole 88150 115200 ASPENBIO PHARMA INC COM 045346103 1592 698250 SH Sole 508350 189900 AT&T CORP COM 00206R102 332 12844 SH Sole 5000 7844 ATRICURE INC COM 04963C209 1053 178858 SH Sole 117258 61600 ATS MED INC COM 002083103 732 281500 SH Sole 73500 208000 BLUEPHOENIX SOLUTIONS LTD SHS M20157109 1352 549475 SH Sole 193348 356127 BOEING CO COM 097023105 476 6550 SH Sole 4650 1900 BOSTON SCIEN TIFIC CORP COM 101137107 295 40850 SH Sole 21100 19750 BRIDGELINE SOFTWARE INC COM 10807Q205 78 61000 SH Sole 61000 BRISTOL MYERS CO COM 110122108 1320 49450 SH Sole 23400 26050 BRUSH ENGINEERED MATLS INC COM 117421107 267 11834 SH Sole 8084 3750 CARDICA INC COM 14141R101 851 443303 SH Sole 239777 203526 CARDIONET INC COM 14159L103 1519 198500 SH Sole 78250 120250 CARDIOVASCULAR SYS INC DEL COM 141619106 941 177300 SH Sole 71500 105800 CBL & ASSOC PPTYS INC COM 124830100 158 11550 SH Sole 4550 7000 CLARIE INC COM 180489106 1680 641400 SH Sole 239700 401700 CLICKSOFTWARE TECHNOLOGIES L ORD M25082104 709 102750 SH Sole 43500 59250 COMPELLENT TECH NOLOGIES INC COM 20452A108 964 54950 SH Sole 12200 42750 COMPUTER TASK GROUP INC COM 205477102 819 113000 SH Sole 100000 13000 CONCEPTUS INC COM 206016107 943 47250 SH Sole 29050 18200 CONEXANT SYSTEMS INC COM NEW 207142308 459 135000 SH Sole 135000 CORVEL CORP COM 221006109 1203 33650 SH Sole 16575 17075 CRYOLIFE INC COM 228903100 129 20000 SH Sole 20000 CYTORI THERA PEUTICS INC COM 23283K105 2458 538950 SH Sole 400750 138200 DATALINK CORP COM 237934104 1343 294450 SH Sole 77360 217090 DELUXE CORP COM 248019101 679 34950 SH Sole 21775 13175 DEXCOM INC COM 252131107 3050 313150 SH Sole 236150 77000 DIAMOND FOODS INC COM 252603105 1715 40800 SH Sole 22500 18300 DIGIRAD CORP COM 253827109 103 50000 SH Sole 50000 DONALDSON INC COM 257651109 1730 38350 SH Sole 15170 23180 DOT HILL SYS CORP COM 25848T109 1201 806350 SH Sole 307082 499268 EASTMAN KODAK CO COM 277461109 675 116500 SH Sole 47000 69500 EBIX INC COM NEW 278715206 958 60000 SH Sole 60000 EDAP TMS S A SP ADR 268311107 158 50000 SH Sole 50000 ENDOLOGIX INC COM 29266S106 1909 472436 SH Sole 245303 227133 ENZO BIOCHEM INC COM 294100102 151 25000 SH Sole 25000 EPLUS INC COM 294268107 746 42500 SH Sole 29500 13000 EV3 INC COM 26928A200 1490 93925 SH Sole 34175 59750 EXACT SCIENCES CORP COM 30063P105 257 57800 SH Sole 51300 6500 FAMOUS DAVES AMER INC COM 307068106 1502 186600 SH Sole 105800 80800 FSI INTL INC COM 302633102 387 100000 SH Sole 100000 FULLER H B CO COM 359694106 793 34154 SH Sole 15604 18550 GENERAL DYNAMICS CORP COM 369550108 691 8950 SH Sole 4650 4300 GENERAL MLS INC COM 370334104 213 3006 SH Sole 1406 1600 GLAXOSMITH KLINE PLC SP ADR 37733W105 393 10200 SH Sole 4200 6000 GLOBAL TRAFFIC NETWORK INC COM 37947B103 812 149469 SH Sole 55041 94428 GLOBECOMM SYSTEMS INC COM 37956X103 1205 156660 SH Sole 44621 112039 GRAINGER W W INC COM 384802104 708 6552 SH Sole 3152 3400 GRANITE CITY FOOD & BREWERY COM NEW 38724Q404 95 54164 SH Sole 9499 44665 GULFMARK OFFSHORE INC COM 402629208 560 21100 SH Sole 9800 11300 HANSEN MEDICAL INC COM 411307101 325 142000 SH Sole 49500 92500 HEALTH CARE REIT INC COM 42217K106 518 11450 SH Sole 7550 3900 HEALTH GRADES INC COM 42218Q102 807 126886 SH Sole 56786 70100 HESKA CORP COM 42805E108 164 200000 SH Sole 200000 HOLOGIC INC COM 436440101 241 13000 SH Sole 11500 1500 ICAD INC COM 44934S107 228 150000 SH Sole 150000 ILLUMINA INC COM 452327109 1841 47325 SH Sole 33475 13850 IMAGE SENSING SYS INC COM 45244C104 650 49700 SH Sole 25150 24550 INCONTACT INC COM 45336E109 302 106100 SH Sole 52600 53500 INSIGNIA SYS INC COM 45765Y105 8174 1246110 SH Sole 891843 354267 INTEGRAMED AMER INC COM NEW 45810N302 3307 374500 SH Sole 192100 182400 INTERNATIONAL BUSINESS MACHS COM 459200101 555 4326 SH Sole 2251 2075 INVENTURE GROUP INC COM 461214108 244 85000 SH Sole 80000 5000 ISIS PHARMA CEUTICALS INC COM 464330109 2238 204796 SH Sole 151116 53680 JOHNSON & JOHNSON COM 478160104 634 9720 SH Sole 5470 4250 LAKES ENTMNT INC COM 51206P109 197 85800 SH Sole 63381 22419 LIFE PARTNERS HOLDINGS INC COM 53215T106 244 11000 SH Sole 11000 LILLY ELI & CO COM 532457108 1043 28800 SH Sole 12900 15900 LIONBRIDGE TECH NOLOGIES INC COM 536252109 209 57500 SH Sole 30000 27500 LODGENET INTER ACTIVE CORP COM 540211109 453 65000 SH Sole 31000 34000 LOOKSMART LTD COM NEW 543442503 92 89300 SH Sole 74100 15200 MANPOWER INC COM 56418H100 744 13023 SH Sole 5173 7850 MATTSON TECH NOLOGY INC COM 577223100 229 50000 SH Sole 50000 MEDTOX SCIEN TIFIC INC COM NEW 584977201 825 80500 SH Sole 25000 55500 MEDTRONIC INC COM 585055106 421 9350 SH Sole 3826 5524 METROPOLITAIN HEALTH NETWORKS COM 592142103 242 75000 SH Sole 75000 MIDWAY GOLD CORP COM 598153104 48 75000 SH Sole 75000 MOLSON COORS BREWING CO CL B 60871R209 988 23500 SH Sole 9400 14100 MULTIBAND CORP COM NEW 62544X209 80 40000 SH Sole 40000 NAVARRE CORP COM 639208107 2392 1150000 SH Sole 510000 640000 NETSCOUT SYS INC COM 64115T104 458 31000 SH Sole 30000 1000 NORTECH SYS INC COM 656553104 157 45500 SH Sole 32500 13000 OCULUS INNOVATIVE SCIENCES I COM 67575P108 1642 774815 SH Sole 371426 403389 ONCOTHYREON INC COM 682324108 2118 613812 SH Sole 453262 160550 ORION ENERGY SYSTEMS INC COM 686275108 1603 327104 SH Sole 118000 209104 ORTHOVITA INC COM 68750U102 4845 1137364 SH Sole 676153 461211 OSHKOSH CORP COM 688239201 230 5706 SH Sole 4456 1250 PATTERSON COMPANIES INC COM 703395103 1462 47100 SH Sole 18750 28350 PENTAIR INC COM 709631105 774 21717 SH Sole 11467 10250 PETROLEUM DEV CORP COM 716578109 266 11500 SH Sole 9000 2500 PFIZER INC COM 717081103 1508 87931 SH Sole 27541 60390 POLYMET MINING CORP COM 731916102 142 63500 SH Sole 63500 PRIDE INTL INC DEL COM 74153Q102 661 21950 SH Sole 11600 10350 RAINMAKER SYSTEMS COM NEW 750875304 1119 745838 SH Sole 333338 412500 RAMTRON INTL CORP COM NEW 751907304 730 260591 SH Sole 122729 137862 RCM TECH NOLOGIES INC COM NEW 749360400 415 132500 SH Sole 85500 47000 REAL GOODS SOLAR INC CL A 75601N104 234 68750 SH Sole 17572 51178 ROCKWELL MEDICAL TECH COM 774374102 2462 425900 SH Sole 35000 390900 ROSETTA GENOMICS LTD SHS M82183100 896 415036 SH Sole 195179 219857 RTI BIO LOGICS INC COM 74975N105 935 216050 SH Sole 81250 134800 SANOFI AVENTIS SP ADR 80105N105 346 9250 SH Sole 4650 4600 SEQUENOM INC COM NEW 817337405 203 32300 SH Sole 30800 1500 SPAN AMER MED SYS INC COM 846396109 516 27750 SH Sole 20500 7250 ST JUDE MED INC COM 790849103 3327 81048 SH Sole 15500 65548 STAAR SURGICAL CO CMPR.01 852312305 2617 685100 SH Sole 499100 186000 SUMMER INFANT INC COM 865646103 332 50500 SH Sole 40000 10500 SUPERVALU INC COM 868536103 3335 199950 SH Sole 111550 88400 SYNOVIS LIFE TECH NOLOGIES IN COM 87162G105 4670 300700 SH Sole 181850 118850 TARGET CORP COM 87612E106 242 4600 SH Sole 4600 TCF FINL CORP COM 872275102 1086 68100 SH Sole 25900 42200 TEREX CORP NEW COM 880779103 484 21300 SH Sole 10550 10750 TRANS1 INC COM 89385X105 288 88500 SH Sole 67500 21000 UNITEDHEALTH GROUP INC COM 91324P102 809 24750 SH Sole 8300 16450 UQM TECH NOLOGIES INC COM 903213106 496 117750 SH Sole 61750 56000 UROLOGIX INC COM 917273104 4768 2872405 SH Sole 2071505 800900 UROPLASTY INC COM NEW 917277204 1722 826102 SH Sole 422000 404102 U.S. AUTO PARTS NETWORK INC COM 90343C100 1761 234150 SH Sole 113650 120500 US BANCORP DEL COM NEW 902973304 664 25647 SH Sole 11748 13899 U S PHYSICAL THERAPY INC COM 90337L108 1412 81150 SH Sole 47000 34150 USEC INC COM 90333E108 260 45000 SH Sole 45000 VERSO PAPER CORP COM 92531L108 608 200000 SH Sole 200000 VIRTUAL RADIO LOGIC CORPORATI COM 92826B104 1272 115600 SH Sole 61850 53750 VIRTUSA CORP COM 92827P102 552 53500 SH Sole 17000 36500 VITAL IMAGES INC COM 92846N104 7808 482889 SH Sole 173247 309642 WAL MART STORES INC COM 931142103 456 8203 SH Sole 4003 4200 WIRELESS RONIN TECHNOLOGIES COM 97652A203 5086 2042595 SH Sole 854112 1188483 XOMA LTD ORD G9825R107 71 123500 SH Sole 123500 ZAGG INCORPORATED COM 98884U108 57 20000 SH Sole 20000 ZIX CORP COM 98974P100 5478 2371171 SH Sole 1046405 1324766 ZOLTEK COS INC COM 98975W104 111 11500 SH Sole 11500 TOTAL VALUE 151153 DATA RECORDS 138 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED 0