13F-HR 1 q31013f.txt 3Q1013F-HR Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 30-Sept-2010 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 No.: 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: 09-Nov-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 OF VALUE SHARES/ SH/ PUT/ INVT OTR VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP X1000 PRN AMT PRN CALL DSCRTN MGRS SOLE SHRD NONE ABBOTT LABS COM 002824100 1075 20575 SH Sole 10300 10275 ABRAXAS PETE CORP COM 003830106 426 150000 SH Sole 150000 ACTIV IDENTITY CORP COM 00506P103 327 150650 SH Sole 73150 77500 ADDVANTAGE TECH NOLOGIES GP I COM NEW 006743306 236 80000 SH Sole 80000 ADVANCED ANALO GIC TECHNOLOGI COM 00752J108 183 52000 SH Sole 50000 2000 AGA MED HLDGS INC COM 008368102 293 21000 SH Sole 20000 1000 ALPHATEC HOLDINGS INC COM 02081G102 46 21800 SH Sole 21800 ALTRIA GROUP INC COM 02209S103 342 14250 SH Sole 10750 3500 ANGEION CORP COM 03462H404 113 25000 SH Sole 25000 APPLIANCE RECY CLING CTRS AME COM NEW 03814F205 2714 872425 SH Sole 563300 309125 ARRAY BIO PHARMA INC COM 04269X105 1372 424750 SH Sole 166500 258250 ART TECHNOLOGY GROUP INC COM 04289L107 790 192200 SH Sole 78400 113800 ASPENBIO PHARMA INC COM 045346103 572 1121000 SH Sole 759000 362000 AT&T CORP COM 00206R102 349 12194 SH Sole 4500 7694 ATRICURE INC COM 04963C209 2526 320936 SH Sole 151458 169478 BAXTER INTL INC COM 071813109 708 14840 SH Sole 8190 6650 BEMIS INC COM 081437105 210 6600 SH Sole 3275 3325 BLUEPHOENIX SO LUTIONS LTD SHS M20157109 139 61800 SH Sole 28150 33650 BRIDGELINE DIGITAL INC COM 10807Q205 73 61000 SH Sole 61000 BRISTOL MYERS SQUIBB CO COM 110122108 1381 50950 SH Sole 23900 27050 BRUSH ENGINEERED MATLS INC COM 117421107 315 11084 SH Sole 8084 3000 CALIFORNIA PIZZA KITCHEN INC COM 13054D109 256 15000 SH Sole 15000 CALIX INC COM 13100M509 500 34803 SH Sole 5371 29432 CARDICA INC COM 14141R101 789 368503 SH Sole 238377 130126 CARDIONET INC COM 14159L103 891 197500 SH Sole 71250 126250 CARDIOVASCULAR SYS INC DEL COM 141619106 1055 201300 SH Sole 81500 119800 CLARIENT INC COM 180489106 2656 785700 SH Sole 329500 456200 CLICKSOFTWARE TECHNOLOGIES L ORD M25082104 810 123450 SH Sole 49500 73950 COLEMAN CABLE INC COM 193459302 308 51500 SH Sole 34000 17500 COMPELLENT TECH NOLOGIES INC COM 20452A108 1508 82950 SH Sole 42200 40750 COMPUTER TASK GROUP INC COM 205477102 863 113000 SH Sole 100000 13000 CONCEPTUS INC COM 206016107 506 36800 SH Sole 19100 17700 CONEXANT SYSTEMS INC COM NEW 207142308 221 135000 SH Sole 135000 CORVEL CORP COM 221006109 1641 38650 SH Sole 21575 17075 CYTORI THERA PEUTICS INC COM 23283K105 2830 578800 SH Sole 410400 168400 DATALINK CORP COM 237934104 812 267950 SH Sole 62360 205590 DELUXE CORP COM 248019101 681 35575 SH Sole 21775 13800 DEXCOM INC COM 252131107 3420 258700 SH Sole 180200 78500 DIAMOND FOODS INC COM 252603105 1576 38450 SH Sole 22150 16300 DIGIRAD CORP COM 253827109 769 376900 SH Sole 162400 214500 DONALDSON INC COM 257651109 1807 38350 SH Sole 15170 23180 DOT HILL SYS CORP COM 25848T109 1525 1089124 SH Sole 363356 725768 EASTMAN KODAK CO COM 277461109 578 137500 SH Sole 65000 72500 EBIX INC COM NEW 278715206 1407 60000 SH Sole 60000 EDAP TMS S A SPNADR 268311107 121 50000 SH Sole 50000 ELECTROMED INC COM 285409108 371 100000 SH Sole 38000 62000 ENDOLOGIX INC COM 29266S106 2050 449519 SH Sole 204386 245133 ENZO BIOCHEM INC COM 294100102 95 25000 SH Sole 25000 EPLUS INC COM 294268107 890 41500 SH Sole 29500 12000 EXACT SCIENCES CORP COM 30063P105 614 84800 SH Sole 73200 11600 FAMOUS DAVES AMER INC COM 307068106 1763 186550 SH Sole 105800 80750 FSI INTL INC COM 302633102 133 50000 SH Sole 50000 GENERAL MLS INC COM 370334104 220 6012 SH Sole 2812 3200 GENMARK DIAGNOS TICS INC COM 372309104 168 50000 SH Sole 27000 23000 GLAXOSMITH KLINE PLC SPNADR 37733W105 472 11950 SH Sole 5700 6250 GLOBAL TRAFFIC NETWORK INC COM 37947B103 744 148169 SH Sole 55041 93128 GLOBECOMM SYSTEMS INC COM 37956X103 1268 151460 SH Sole 44421 107039 GRAINGER W W INC COM 384802104 774 6502 SH Sole 3152 3350 GRANITE CITY FOOD & BREWERY COM NEW 38724Q404 96 54164 SH Sole 9499 44665 HANSEN MEDICAL INC COM 411307101 720 500000 SH Sole 197000 303000 HEALTH CARE REIT INC COM 42217K106 494 10425 SH Sole 6275 4150 HESKA CORPORATION COM RES 42805E207 90 200000 SH Sole 200000 HOLOGIC INC COM 436440101 179 11200 SH Sole 7700 3500 ICAD INC COM 44934S107 306 175000 SH Sole 175000 IKANOS COMMUNI CATIONS COM 45173E105 21 18000 SH Sole 18000 ILLUMINA INC COM 452327109 1283 26075 SH Sole 17125 8950 IMAGE SENSING SYS INC COM 45244C104 554 49450 SH Sole 25150 24300 INCONTACT INC COM 45336E109 234 101000 SH Sole 47500 53500 INNER WORKINGS INC COM 45773Y105 263 40000 SH Sole 40000 INSIGNIA SYS INC COM 45765Y105 8614 1243010 SH Sole 891843 351167 INTEGRAMED AMER INC COM NEW 45810N302 3526 368800 SH Sole 187400 181400 INTERNATIONAL BUSINESS MACHS COM 459200101 580 4326 SH Sole 2251 2075 INVENTURE FOODS INC COM 461212102 382 101000 SH Sole 95000 6000 ISIS PHARMA CEUTICALS INC COM 464330109 1630 194000 SH Sole 135850 58150 JOHNSON & JOHNSON COM 478160104 557 8995 SH Sole 5170 3825 LAKES ENTMNT INC COM 51206P109 144 84700 SH Sole 62881 21819 LIFE PARTNERS HOLDINGS INC COM 53215T106 328 17250 SH Sole 15250 2000 LILLY ELI & CO COM 532457108 1072 29350 SH Sole 13550 15800 LIONBRIDGE TECH NOLOGIES INC COM 536252109 230 53500 SH Sole 30000 23500 MANPOWER INC COM 56418H100 695 13323 SH Sole 5173 8150 MATTSON TECH NOLOGY INC COM 577223100 138 50000 SH Sole 50000 MEDTOX SCIENTIFIC INC COM NEW 584977201 907 78000 SH Sole 25000 53000 MEDTRONIC INC COM 585055106 259 7700 SH Sole 3076 4624 METROPOLITAN HEALTH NETWKS COM 592142103 323 85000 SH Sole 85000 MIDWAY GOLD CORP COM 598153104 44 75000 SH Sole 75000 MOLSON COORS BREWING CO CL B 60871R209 1086 23000 SH Sole 9400 13600 MULTIBAND CORP COM NEW 62544X209 72 40000 SH Sole 40000 NAVARRE CORP COM 639208107 3756 1444802 SH Sole 628093 816709 NETSCOUT SYS INC COM 64115T104 636 31000 SH Sole 30000 1000 NORTECH SYS INC COM 656553104 163 45500 SH Sole 32500 13000 OCULUS INNOVATIVE SCIENCES I COM 67575P108 1129 723740 SH Sole 340382 383358 ONCOTHYREON INC COM 682324108 2431 696515 SH Sole 487199 209316 ORION ENERGY SYSTEMS INC COM 686275108 995 313954 SH Sole 107750 206204 ORTHOVITA INC COM 68750U102 2757 1214614 SH Sole 708203 506411 OWENS CORNING NEW COM 690742101 479 18700 SH Sole 9000 9700 PATTERSON COMPANIES INC COM 703395103 1321 46100 SH Sole 17750 28350 PENTAIR INC COM 709631105 730 21717 SH Sole 11467 10250 PETROLEUM DEV CORP COM 716578109 331 12000 SH Sole 9000 3000 PFIZER INC COM 717081103 1536 89431 SH Sole 27541 61890 PFSWEB INC COM NEW 717098206 260 75000 SH Sole 75000 PLANAR SYS INC COM 726900103 93 41000 SH Sole 40000 1000 POLYMET MINING CORP COM 731916102 128 63500 SH Sole 63500 RADNET INC COM 750491102 192 80000 SH Sole 80000 RAINMAKER SYSTEMS COM NEW 750875304 921 708238 SH Sole 298538 409700 RAMTRON INTL CORP COM NEW 751907304 894 241591 SH Sole 105729 135862 RCM TECH NOLOGIES INC COM NEW 749360400 694 138000 SH Sole 85500 52500 REAL GOODS SOLAR INC CL A 75601N104 266 72050 SH Sole 17572 54478 ROCKWELL MEDICAL TECH COM 774374102 3006 424500 SH Sole 35000 389500 ROSETTA GENOMICS LTD COM M82183100 500 431036 SH Sole 178179 252857 RTI BIO LOGICS INC COM 74975N105 581 221050 SH Sole 86250 134800 SANOFI AVENTIS SPNADR 80105N105 308 9250 SH Sole 4650 4600 SPAN AMER MED SYS INC COM 846396109 226 15810 SH Sole 15810 ST JUDE MED INC COM 790849103 3169 80548 SH Sole 15000 65548 STAAR SURGICAL CO CMPR.01 852312305 3208 592900 SH Sole 408200 184700 SUMMER INFANT INC COM 865646103 418 53500 SH Sole 42000 11500 SUPERVALU INC COM 868536103 2124 184200 SH Sole 97350 86850 SYNOVIS LIFE TECH NOLOGIES IN COM 87162G105 4477 299450 SH Sole 180600 118850 TARGET CORP COM 87612E106 246 4600 SH Sole 4600 TCF FINL CORP COM 872275102 1103 68100 SH Sole 25900 42200 TENGION INC COM 88034G109 284 91000 SH Sole 30100 60900 TEREX CORP NEW COM 880779103 493 21500 SH Sole 10750 10750 TRANS1 INC COM 89385X105 735 297500 SH Sole 198500 99000 UNITEDHEALTH GROUP INC COM 91324P102 865 24650 SH Sole 8300 16350 UQM TECH NOLOGIES INC COM 903213106 299 116750 SH Sole 61750 55000 UROLOGIX INC COM 917273104 3090 3252900 SH Sole 2263200 989700 UROPLASTY INC COM NEW 917277204 4024 847157 SH Sole 428657 418500 U.S. AUTO PARTS NETWORK INC COM 90343C100 1954 238250 SH Sole 113750 124500 US BANCORP DEL COM NEW 902973304 554 25647 SH Sole 11748 13899 U S PHYSICAL THERAPY INC COM 90337L108 1332 79650 SH Sole 47000 32650 USEC INC COM 90333E108 503 97000 SH Sole 72500 24500 VERIZON COMMUNI CATIONS INC COM 92343V104 232 7113 SH Sole 2730 4383 VERSO PAPER CORP COM 92531L108 576 200000 SH Sole 200000 VIRTUSA CORP COM 92827P102 518 53500 SH Sole 17000 36500 VITAL IMAGES INC COM 92846N104 6273 474146 SH Sole 172344 301802 WIRELESS RONIN TECHNOLOGIES COM 97652A203 2463 2052576 SH Sole 860654 1191922 ZAGG INCORPORATED COM 98884U108 134 28000 SH Sole 28000 ZIX CORP COM 98974P100 6415 2258671 SH Sole 960905 1297766 TOTAL VALUE 145931 DATA RECORDS 134 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED 0