0000909450-12-000001.txt : 20120202 0000909450-12-000001.hdr.sgml : 20120202 20120202172031 ACCESSION NUMBER: 0000909450-12-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120202 DATE AS OF CHANGE: 20120202 EFFECTIVENESS DATE: 20120202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRUBER & MCBAINE CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0000909450 IRS NUMBER: 770210467 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04761 FILM NUMBER: 12566847 BUSINESS ADDRESS: STREET 1: 50 OSGOOD PLACE PENTHOUSE CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 4159811039 MAIL ADDRESS: STREET 1: 50 OSGOOD PLACE CITY: SAN FRANCISCO STATE: CA ZIP: 94133 FORMER COMPANY: FORMER CONFORMED NAME: GRUBER & MCBAINE CAPITAL MANAGEMENT/GRUBER JON D ET AL DATE OF NAME CHANGE: 19951108 13F-HR 1 q41113f.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: December 31, 2011 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: Gruber & McBaine Capital Management, LLC Address: 50 Osgood Place, Penthouse San Francisco, CA 94133 Form 13F File Number: 28-3296 The institutional investment manager filing this report and the person by whom it is signed hereby represent 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: Elizabeth Giorgis Title: Administrator Phone: (415) 782 2610 /s/ Elizabeth Giorgis _________________________ San Francisco, CA February 2, 2012 Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 157 Form 13F Information Table Value Total: 446,351 List of Other Included Managers: NONE Gruber & McBaine Capital Management, LLC 50 Osgood Place, Penthouse San Francisco, CA 94133
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 -------------------------------- -------------- --------- ------- --------------------- -------- -------- --------------------- Title of Value Shares/ Sh/ Put/ Invstmnt Other Voting Authority Name of Issuer Class Cusip (x$1000) Prn Amt Prn Call Dscretn Mngrs Sole Shared None -------------------------------- -------------- --------- ------- -------- ------ ---- -------- -------- --------- ------ ---- Acme Packet Inc COM 004764106 7109 230000 SH SOLE 230000 Actuate Corp COM 00508B102 5301 904600 SH SOLE 904600 Adept Tech COM 006854202 1440 600000 SH SOLE 600000 Advanced Energy COM 007973100 2012 187470 SH SOLE 187470 Akorn Inc b COM 009728106 696 62588 SH SOLE 62588 Alcatel Lucent ADR COM 013904305 5460 3500000 SH SOLE 3500000 Alcoa COM 013817101 433 50000 SH SOLE 50000 Allegheny Tech COM 01741R102 5736 120000 SH SOLE 120000 Amerigon Inc COM 03070L300 2138 149920 SH SOLE 149920 Ann Taylor Stores COM 036115103 3098 125000 SH SOLE 125000 Apple Inc. COM 037833100 8100 20000 SH SOLE 20000 Approach Resources Inc COM 03834A103 382 13000 SH SOLE 13000 Aspen Technology COM 045327103 2603 150000 SH SOLE 150000 Augme Technologies COM 051057107 804 600000 SH SOLE 600000 Bancorp Bank COM 05969A105 1217 168300 SH SOLE 168300 Be Aerospace COM 073302101 1936 50000 SH SOLE 50000 BioScrip Inc COM 09069N108 12012 2200000 SH SOLE 2200000 Boeing COM 097023105 6602 90000 SH SOLE 90000 Brightpoint Inc COM 109473405 2733 254000 SH SOLE 254000 Cabela's Inc COM 126804301 5084 200000 SH SOLE 200000 Calgon Carbon Corp COM 129603106 3142 200000 SH SOLE 200000 Callidus Software COM 13123E500 321 50000 SH SOLE 50000 Calpine Corp COM 131347304 3292 201620 SH SOLE 201620 Cameron Intl Corp COM 132632100 984 20000 SH SOLE 20000 Celanese Corp COM 150870103 4427 100000 SH SOLE 100000 Ceragon Networks COM 1L0010851 481 62500 SH SOLE 62500 Chicos Fas Inc COM 168615102 668 60000 SH SOLE 60000 Ciena Corp COM 171779309 1815 150000 SH SOLE 150000 Cogo Group COM 192448108 1800 1000000 SH SOLE 1000000 Compuware COM 205638109 2496 300000 SH SOLE 300000 Covanta Holdings COM 22282E102 2396 175000 SH SOLE 175000 DFC GLobal Corp COM 23324T107 722 40000 SH SOLE 40000 Demand Media r144 COM 24802N109 763 114666 SH SOLE 114666 Digitalglobe COM 25389M877 796 46500 SH SOLE 46500 Dycom COM 267475101 4812 230000 SH SOLE 230000 E Trade Financial COM 269246401 398 50000 SH SOLE 50000 EMAK Holdings inc COM 26861V104 9 854599 SH SOLE 854599 EOG Resources COM 26875P101 2955 30000 SH SOLE 30000 Echelon Corp COM 27874N105 244 50000 SH SOLE 50000 Ecotality Inc COM 27922Y202 1458 1350000 SH SOLE 1350000 Elster Group SE ADS COM 290348101 975 75000 SH SOLE 75000 Emulex COM 292475209 959 139800 SH SOLE 139800 Entropic Communications Inc COM 29384R105 256 50000 SH SOLE 50000 F5 Networks COM 315616102 2759 26000 SH SOLE 26000 FSI International COM 302633102 1241 339090 SH SOLE 339090 FX Energy Inc COM 302695101 960 200000 SH SOLE 200000 Fabrinet COM G3323L100 3270 239000 SH SOLE 239000 First Commonwealth Financial COM 319829107 1052 200000 SH SOLE 200000 Five Star Quality Care COM 33832d106 3636 1211855 SH SOLE 1211855 Forward Air Corp COM 349853101 321 10000 SH SOLE 10000 GATX Corp. COM 361448103 2183 50000 SH SOLE 50000 General Cable Corp COM 369300108 3752 150000 SH SOLE 150000 GeoEye Inc COM 37250W108 1111 50000 SH SOLE 50000 Globe Specialty Metals Inc COM 37954N206 1339 100000 SH SOLE 100000 Green Plains Renewable Energy COM 393222104 1171 120000 SH SOLE 120000 Halliburton & Co. COM 406216101 2243 65000 SH SOLE 65000 Harmonic Inc COM 413160102 903 179200 SH SOLE 179200 Hawaiian Holdings COM 419879101 1740 300000 SH SOLE 300000 Heckmann Corp COM 422680108 4132 621300 SH SOLE 621300 Hertz Global Holdings COM 42805T105 7027 599600 SH SOLE 599600 Hewlett-Packard Co COM 428236103 1249 48500 SH SOLE 48500 Himax Technologies COM 43289P106 201 200000 SH SOLE 200000 INPHI Corp COM 45772F107 598 50000 SH SOLE 50000 Identive Group COM 45170X106 2007 900000 SH SOLE 900000 Imageware Sys COM 45245S108 7485 10267091 SH SOLE 10267091 Int'l Business Machines COM 459200101 319 1733 SH SOLE 1733 Iridium Communications COM 46269C102 2814 365000 SH SOLE 365000 Jack In The Box COM 466367109 3344 160000 SH SOLE 160000 Just Energy Income Fund COM 48213T108 5843 519600 SH SOLE 519600 K B R Inc COM 48242W106 1115 40000 SH SOLE 40000 KVH Industries Inc COM 482738101 778 100000 SH SOLE 100000 Kansas City Southern City COM 485170302 2720 40000 SH SOLE 40000 Kemet Corp COM 488360108 282 40000 SH SOLE 40000 Kirby Corp. COM 497266106 658 10000 SH SOLE 10000 LSI Corp COM 502161102 595 100000 SH SOLE 100000 Laredo Petroleum Holdings COM 516806106 1115 50000 SH SOLE 50000 Liberty Global COM 530555309 3226 81640 SH SOLE 81640 Life Time Fitness Inc COM 53217R207 2104 45000 SH SOLE 45000 Lighting Scnce Grp COM 53224G103 276 177863 SH SOLE 177863 Lihua International COM 532352101 10473 2200135 SH SOLE 2200135 MAXLINEAR, INC COM 57776J100 143 30000 SH SOLE 30000 MDC Partners Inc COM 552697104 20870 1543647 SH SOLE 1543647 MI Developments Inc Class A COM 55304X104 5597 175000 SH SOLE 175000 MYR Group Inc COM 55405W104 1897 99100 SH SOLE 99100 Magma Design Automation COM 559181102 13494 1879325 SH SOLE 1879325 Magnachip Semiconductor Corp COM 55933J203 707 94500 SH SOLE 94500 Marten Transport COM 573075108 1079 60000 SH SOLE 60000 Mastec COM 576323109 9607 553100 SH SOLE 553100 Maxwell Technologies COM 577767106 4259 262250 SH SOLE 262250 Micron Technology Inc. COM 595112103 5347 850000 SH SOLE 850000 Molycorp Inc COM 608753109 2638 110000 SH SOLE 110000 Move Inc COM 437852106 1580 250000 SH SOLE 250000 NCI Buiding Systems COM 628852204 870 80000 SH SOLE 80000 Network Equipment Technologies COM 641208103 315 271400 SH SOLE 271400 Newfield Exploration COM 651290108 755 20000 SH SOLE 20000 Nova Measuring Instruments COM M7516K103 700 95000 SH SOLE 95000 Nuance Comm COM 67020Y100 10934 434565 SH SOLE 434565 OCZ Technology Group COM 67086E303 16819 2544543 SH SOLE 2544543 OSI Systems COM 671044105 1463 30000 SH SOLE 30000 Occidental Petroleum COM 674599105 1874 20000 SH SOLE 20000 Oclaro Inc COM 09856E105 2312 820000 SH SOLE 820000 Odyssey Marine Exploration COM 676118102 5480 2000000 SH SOLE 2000000 OnSite Energy Corp. COM 68284P108 53 1323729 SH SOLE 1323729 Opko Health Inc COM 68375N103 1466 299200 SH SOLE 299200 Overland Storage COM 690310107 3513 1405000 SH SOLE 1405000 PC-Tel Inc COM 69325Q105 488 71302 SH SOLE 71302 Panhandle Oil and Gas Inc COM 718910102 328 10000 SH SOLE 10000 Perma-Fix Envirn Serv COM 714157104 3875 2500000 SH SOLE 2500000 Pharmathene Inc COM 71714G102 1431 1126473 SH SOLE 1126473 Pilgrim's Pride COM 72147K108 1152 200000 SH SOLE 200000 Pioneer Natural Resources COM 723787107 4034 45080 SH SOLE 45080 Points Intl COM 693262107 795 100000 SH SOLE 100000 Polypore Intl COM 73179V103 1320 30000 SH SOLE 30000 PowerSecure COM 73936N105 9104 1839145 SH SOLE 1839145 Procera Networks direct reg COM 74269U104 6232 399986 SH SOLE 399986 Proshares Ultra Short Consumer COM 74347R636 399 25000 SH SOLE 25000 QualComm COM 747525103 6821 124700 SH SOLE 124700 Quality Distribution Inc COM 74756M102 1636 145450 SH SOLE 145450 Quantum Corp-DLT & Storage Sys COM 747906204 3960 1650000 SH SOLE 1650000 Quantum Fuel Sys Tech COM 74765E109 461 632000 SH SOLE 632000 RF Micro Devices COM 749941100 2160 400000 SH SOLE 400000 Remedent Inc COM 75954T104 136 757500 SH SOLE 757500 Responsys Inc COM 761248103 1067 120000 SH SOLE 120000 Riverbed Tech COM 768573107 5640 240000 SH SOLE 240000 Rush Enterprises COM 781846209 1464 70000 SH SOLE 70000 Sapient Corp COM 803062108 8501 674700 SH SOLE 674700 ShoreTel Inc COM 825211105 2424 380000 SH SOLE 380000 Siga Tech COM 826917106 4124 1636695 SH SOLE 1636695 Silicon Graphics COM 827056102 3382 295100 SH SOLE 295100 Solar Power COM 83490A100 708 2145000 SH SOLE 2145000 Sonic COM 835451105 538 80000 SH SOLE 80000 Southwestern Energy Comp COM 845467109 2715 85000 SH SOLE 85000 Sun Opta COM 8676EP108 16264 3374314 SH SOLE 3374314 Superior Energy Services COM 868157108 853 30000 SH SOLE 30000 Swift Transportation COM 870756103 330 40000 SH SOLE 40000 TMS Intl COM 87261Q103 2357 238600 SH SOLE 238600 Telecomm System COM 87929J103 1560 663700 SH SOLE 663700 Tesla Motors Inc COM 88160R101 857 30000 SH SOLE 30000 Thermogenesis Corp COM 883623209 271 382000 SH SOLE 382000 Three D Systems COM 88554D205 720 50000 SH SOLE 50000 Titan International COM 88830M102 3114 160000 SH SOLE 160000 Titan Machinery Inc COM 88830R101 1304 60000 SH SOLE 60000 Towerstream Corp COM 892000100 1680 800000 SH SOLE 800000 Trinity Industry COM 896522109 2405 80000 SH SOLE 80000 Triumph Group COM 896818101 1169 20000 SH SOLE 20000 Tronox Inc COM 897051306 480 4000 SH SOLE 4000 Trunkbow Intl Holdings COM 89818A102 562 294010 SH SOLE 294010 USA Tech COM 90328S500 717 640000 SH SOLE 640000 UTStarcom Inc COM 918076100 690 500000 SH SOLE 500000 Ultratech Inc COM 904034105 1843 75000 SH SOLE 75000 Unit Corp. COM 909218109 4640 100000 SH SOLE 100000 United Continental Holdings COM 910047109 7548 400000 SH SOLE 400000 Viasat COM 92552v100 2075 45000 SH SOLE 45000 Vitesse COM 928497106 83 33176 SH SOLE 33176 Wave Systems Class A COM 943526301 1454 670000 SH SOLE 670000 Web.com Group Inc COM 94733A104 3438 300250 SH SOLE 300250 Zagg Inc COM 98884U108 4171 590000 SH SOLE 590000
SM\M-CORP\IA-13/16\1028307.01