13F-HR 1 k13f-093003.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 09/30/03 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: Kopp Investment Advisors, Inc. Address: 7701 France Ave. So., Suite 500 Edina, MN 55435 Form 13F File Number: 28- 03099 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 form. Person Signing this Report on Behalf of Reporting Manager: Name: John P. Flakne Title: Chief Financial Officer Phone: (952) 841-0400 Signature, Place and Date of Signing: Edina, MN 10/24/03 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).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 220 Form 13F Information Table Value Total: $ 2,145,308 (thousands) List of Other Included Managers: NONE 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3 Com Corporation COM 885535104 321 54258 SH OTHER 47758 6500 ADC Telecomm COM 000886101 11753 5040000 SH SOLE 5040000 34506 14796868 SH OTHER 10239482 4557386 Actuate Corp. COM 00508B102 125 35000 SH SOLE 35000 4013 1124200 SH OTHER 748500 375700 Adept Tech Inc. COM 006854103 658 715000 SH SOLE 715000 537 584044 SH OTHER 395844 188200 Advanced Fibre Comm COM 00754A105 4190 200000 SH SOLE 200000 40650 1940357 SH OTHER 1353202 587155 Aeroflex Inc. COM 007768104 499 56700 SH OTHER 49250 7450 Agere Systems Cl B COM 00845V209 6622 2291452 SH OTHER 1549750 741702 Agilent Technologies COM 00846U101 4691 212158 SH OTHER 147408 64750 Alcatel ADR COM 013904305 256 21623 SH OTHER 21623 Anadigics Inc. COM 032515108 4029 850000 SH SOLE 850000 16314 3441817 SH OTHER 2377567 1064250 Analog Devices Inc. COM 032654105 8500 223575 SH OTHER 146425 77150 Applied Micro Circuits COM 03822W109 2624 540000 SH SOLE 540000 9772 2010723 SH OTHER 1406330 604393 Applied Microsystems COM 037935103 2 30000 SH SOLE 30000 21 274250 SH OTHER 111250 163000 Array Biopharma Inc. COM 04269X105 6033 1095000 SH SOLE 1095000 16923 3071410 SH OTHER 2115510 955900 Artesyn Technologies COM 043127109 2577 340000 SH SOLE 340000 5858 772810 SH OTHER 600310 172500 Arthrocare Corp. COM 043136100 6486 365000 SH SOLE 365000 12129 682535 SH OTHER 504150 178385 Artisan Components COM 042923102 4200 250000 SH SOLE 250000 5470 325620 SH OTHER 235620 90000 Biosite Inc. COM 090945106 5660 200000 SH SOLE 200000 22410 791885 SH OTHER 580300 211585 Brio Software COM 109704106 14829 4119286 SH SOLE 4119286 15158 4210580 SH OTHER 3132180 1078400 Brooks Automation Inc. COM 114340102 4180 200000 SH SOLE 200000 14242 681432 SH OTHER 439982 241450 Caliper Tech Corp. COM 130876105 2876 460000 SH SOLE 460000 3218 514650 SH OTHER 433150 81500 Captaris Inc. COM 14071N104 4232 800000 SH SOLE 800000 2603 492100 SH OTHER 412700 79400 Captiva Software COM 14073T109 150 20000 SH SOLE 20000 247 33000 SH OTHER 28000 5000 Cardiodynamics Intl COM 141597104 4490 1000000 SH SOLE 1000000 5524 1230350 SH OTHER 898800 331550 Cell Genesys Inc. COM 150921104 5032 400000 SH SOLE 400000 6268 498230 SH OTHER 327630 170600 Centillium Comm COM 152319109 4242 600000 SH SOLE 600000 8268 1169500 SH OTHER 821650 347850 Charles River Labs COM 159864107 6799 221525 SH OTHER 153400 68125 Cholestech Corp. COM 170393102 2347 304000 SH SOLE 304000 5172 669990 SH OTHER 488090 181900 Cima Labs Inc. COM 171796105 6987 250000 SH SOLE 250000 21640 774250 SH OTHER 502400 271850 Cisco System Inc. COM 17275R102 3453 176251 SH OTHER 149235 27016 Closure Med Corp COM 189093107 3045 125000 SH SOLE 125000 5713 234525 SH OTHER 167005 67520 Cognos Inc. (Canada) COM 19244C109 26028 839060 SH OTHER 604735 234325 Computer Network COM 204925101 3949 455000 SH SOLE 455000 13770 1586459 SH OTHER 1096859 489600 Concerto Software COM 20602T106 4551 520700 SH OTHER 443600 77100 Concord Comm Inc. COM 206186108 274 21000 SH OTHER 21000 Conexant Systems Inc. COM 207142100 12622 2230000 SH SOLE 2230000 35555 6281850 SH OTHER 4770600 1511250 Curagen Corp. COM 23126R101 4602 915000 SH SOLE 915000 13382 2660427 SH OTHER 1920975 739452 Cyberoptics Corp. COM 232517102 2641 282500 SH SOLE 282500 8597 919501 SH OTHER 648351 271150 Digimarc Corp. COM 253807101 15012 1015000 SH SOLE 1015000 23962 1620115 SH OTHER 1139165 480950 Documentum Inc. COM 256159104 14945 700000 SH SOLE 700000 23475 1099546 SH OTHER 848846 250700 ELoyalty Corp. COM 290151307 88 25000 SH SOLE 25000 208 59200 SH OTHER 33200 26000 EMS Technologies Inc. COM 26873N108 10587 623500 SH SOLE 623500 22074 1300013 SH OTHER 919963 380050 Emcore Corp. COM 290846104 436 148400 SH OTHER 18400 130000 Endocardial Solutions COM 292962107 10679 2135703 SH SOLE 2135703 1488 297600 SH OTHER 229400 68200 Enterasys Networks COM 293637104 23440 5860000 SH SOLE 5860000 38975 9743655 SH OTHER 6127655 3616000 Epicor Software Corp. COM 29426L108 25183 2795000 SH SOLE 2795000 29639 3289550 SH OTHER 1479950 1809600 Finisar Corp. COM 31787A101 7099 3100000 SH SOLE 3100000 18677 8156100 SH OTHER 6087900 2068200 Firepond Inc. COM 318224201 152 43300 SH OTHER 10800 32500 Gen-Probe Inc. COM 36866T103 8125 150000 SH SOLE 150000 482 8900 SH OTHER 4250 4650 Gene Logic Inc. COM 368689105 345 74250 SH OTHER 23050 51200 Glenayre Technologies COM 377899109 44 20000 SH SOLE 20000 1511 683500 SH OTHER 216000 467500 Harvard Bioscience COM 416906105 2022 272500 SH SOLE 272500 16463 2218673 SH OTHER 1465673 753000 Hyperion Solutions COM 44914M104 585 20150 SH OTHER 13950 6200 Image Premastering Serv COM 45243G106 12 12500 SH OTHER 12500 Inkine Pharmaceutical COM 457214104 6235 1502500 SH SOLE 1502500 15889 3828605 SH OTHER 2815005 1013600 Intel Corp. COM 458140100 958 34814 SH OTHER 29656 5158 Inter-Tel Inc. COM 458372109 6886 280500 SH OTHER 229250 51250 Interpore Intl. COM 46062W107 7142 465000 SH SOLE 465000 13822 899880 SH OTHER 619980 279900 Intl. Business Machines COM 459200101 2735 30965 SH OTHER 20085 10880 Itron Inc. COM 465741106 10531 525000 SH SOLE 525000 29594 1475253 SH OTHER 1009203 466050 JDS Uniphase Corp. COM 46612J101 8914 2476000 SH SOLE 2476000 36314 10087098 SH OTHER 5862664 4224434 Kroll Inc. COM 501049100 4775 256724 SH OTHER 177224 79500 Lam Research Corp COM 512807108 2425 109100 SH OTHER 109100 Larscom Inc. New COM 51729Y207 420 102041 SH SOLE 102041 1138 276110 SH OTHER 159828 116282 Lattice Semiconductor COM 518415104 4431 617180 SH OTHER 429150 188030 Lecroy Corp. COM 52324W109 10820 675000 SH SOLE 675000 9785 610416 SH OTHER 484716 125700 Lightbridge Inc. COM 532226107 6877 730000 SH SOLE 730000 15053 1597849 SH OTHER 1000361 597488 Lionbridge Technologies COM 536252109 1476 197000 SH OTHER 136550 60450 MKS Instruments Inc. COM 55306N104 4332 200000 SH SOLE 200000 15346 708499 SH OTHER 500811 207688 MRO Software Inc. COM 55347W105 9418 690000 SH SOLE 690000 22070 1616839 SH OTHER 1249589 367250 Macrovision Corp. COM 555904101 3700 200000 SH SOLE 200000 25158 1359900 SH OTHER 945415 414485 Manugistics Group Inc. COM 565011103 66 12000 SH OTHER 12000 Mapinfo Corp. COM 565105103 7916 825500 SH SOLE 825500 7482 780225 SH OTHER 530600 249625 Medicis Pharm Cl A COM 584690309 15800 269625 SH OTHER 187385 82240 Medtronic Inc. COM 585055106 8150 173709 SH OTHER 125858 47851 Micrel Inc. COM 594793101 2317 190100 SH OTHER 137000 53100 Micro Component Tech COM 59479Q100 121 135000 SH SOLE 135000 615 683700 SH OTHER 209200 474500 Mindspeed Tech COM 602682106 5803 1076666 SH SOLE 1076666 19057 3535542 SH OTHER 2700925 834617 Molecular Devices COM 60851C107 3656 210000 SH SOLE 210000 15756 904978 SH OTHER 683823 221155 Motorola Inc. COM 620076109 7111 595099 SH OTHER 398698 196401 Mykrolis Corp. COM 62852P103 8623 710300 SH OTHER 514200 196100 National Instruments COM 636518102 6419 160160 SH OTHER 122010 38150 Neose Tech Inc. COM 640522108 11719 1253333 SH SOLE 1253333 17577 1879889 SH OTHER 1321308 558581 Netmanage Inc. COM 641144308 457 114285 SH SOLE 114285 2295 573701 SH OTHER 284363 289338 Network Equipment COM 641208103 6862 750000 SH SOLE 750000 16337 1785480 SH OTHER 933380 852100 Nortel Network (New) COM 656568102 246 60000 SH SOLE 60000 5066 1235640 SH OTHER 688590 547050 Oplink Communications COM 68375Q106 10588 4185000 SH SOLE 4185000 18737 7405740 SH OTHER 4165740 3240000 PLX Technology COM 693417107 2312 367050 SH OTHER 230200 136850 PMC-Sierra Inc. COM 69344F106 6991 530000 SH SOLE 530000 11646 882933 SH OTHER 639420 243513 Pemstar Inc. COM 706552196 35 10000 SH OTHER 10000 Peoplesoft Inc. COM 712713106 3219 176175 SH OTHER 116875 59300 Plato Learning Inc. COM 72764Y100 4626 600000 SH SOLE 600000 7460 967635 SH OTHER 755666 211969 Plexus Corporation COM 729132100 3108 200000 SH SOLE 200000 3369 216805 SH OTHER 128655 88150 Power Integrations Inc. COM 739276103 23547 708405 SH OTHER 543540 164865 Previo Inc. COM 74138B105 18 110000 SH SOLE 110000 118 740399 SH OTHER 273649 466750 Proxim Corporation COM 744283102 8521 5680920 SH SOLE 5680920 26840 17893170 SH OTHER 11967084 5926086 Quicklogic Corp. COM 74837P108 10759 1603650 SH SOLE 1603650 4589 683950 SH OTHER 350400 333550 Quidel Corp. COM 74838J101 6281 940300 SH SOLE 940300 23247 3480036 SH OTHER 2390286 1089750 RF Monolithics Inc. COM 74955F106 2122 320000 SH SOLE 320000 1372 207000 SH OTHER 95100 111900 Remec Inc. COM 759543101 9741 955000 SH SOLE 955000 37679 3693971 SH OTHER 2477621 1216350 Retek Inc. COM 76128Q109 6091 902430 SH SOLE 902430 24562 3638863 SH OTHER 2424434 1214429 Safenet Inc. COM 78645R107 5510 152500 SH SOLE 152500 5578 154394 SH OTHER 57269 97125 Sangamo Biosciences COM 800677106 3540 885000 SH SOLE 885000 11137 2784275 SH OTHER 1950625 833650 Sanmina Corp. COM 800907107 2415 250000 SH SOLE 250000 7877 815420 SH OTHER 523120 292300 Semtech Corp. COM 816850101 4637 250500 SH OTHER 224100 26400 Serena Software Inc. COM 817492101 4612 250000 SH SOLE 250000 16307 883825 SH OTHER 627700 256125 Skyworks Solutions COM 83088M102 8144 895000 SH SOLE 895000 34852 3829855 SH OTHER 2819592 1010263 SonoSight Inc. COM 83568G104 6003 300000 SH SOLE 300000 15983 798740 SH OTHER 609890 188850 Stratex Networks Inc. COM 86279T109 12747 3310000 SH SOLE 3310000 38194 9918001 SH OTHER 6787165 3130836 Symyx Technologies COM 87155S108 12493 580000 SH SOLE 580000 35520 1649036 SH OTHER 1157006 492030 Synaptics Inc. COM 87157D109 3605 335000 SH SOLE 335000 12130 1127290 SH OTHER 808810 318480 Techne Corp. COM 878377100 18928 595412 SH OTHER 459745 135667 Technology Solutions COM 87872T108 18 15000 SH SOLE 15000 426 346200 SH OTHER 191200 155000 Tekelec COM 879101103 36165 2304943 SH OTHER 1628418 676525 Tellabs Inc. COM 879664100 4371 641637 SH OTHER 472268 169369 Teradyne Inc. COM 880770102 5077 272970 SH OTHER 192520 80450 Therasense Inc. COM 883381105 3284 262500 SH SOLE 262500 10224 817278 SH OTHER 506728 310550 Transgenomic Inc. COM 89365K206 1382 880000 SH SOLE 880000 5467 3482318 SH OTHER 2446600 1035718 Transgenomic Restr Shs COM 2652 1780000 SH SOLE 1780000 Trikon Technologies COM 896187408 2744 450500 SH SOLE 450500 128 21000 SH OTHER 6000 15000 Tut Systems Inc. COM 901103101 8126 1755000 SH SOLE 1755000 15783 3408950 SH OTHER 2081050 1327900 Varian Medical Systems COM 92220P105 6238 108527 SH OTHER 70307 38220 Vastera Inc. COM 92239N109 5268 1025000 SH SOLE 1025000 15837 3081050 SH OTHER 2205375 875675 Veeco Instruments COM 922417100 3591 180000 SH SOLE 180000 801 40150 SH OTHER 29000 11150 Ventana Medical COM 92276H106 19325 480000 SH SOLE 480000 59078 1467420 SH OTHER 1016270 451150 Vital Images COM 92846N104 7488 400000 SH SOLE 400000 6024 321800 SH OTHER 209400 112400 Vitesse Semiconductor COM 928497106 19102 2980000 SH SOLE 2980000 32135 5013315 SH OTHER 3775085 1238230 WJ Communications COM 929284107 7990 1929900 SH SOLE 1929900 6857 1656250 SH OTHER 647200 1009050 Wilson Greatbatch Tech COM 972232102 832 23085 SH OTHER 18185 4900 Zoll Medical Corp. COM 989922109 5929 185000 SH SOLE 185000 21102 658394 SH OTHER 496074 162320 Zygo Corp. COM 989855101 13284 812500 SH SOLE 812500 44863 2743895 SH OTHER 1927475 816420