Filing Details

 

1	NAMES OF REPORTING PERSONS   Brown Capital Management, LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP			(a) [   ] (b) [   ]
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION   State of Maryland
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5	SOLE VOTING POWER   1,183,549
		6	SHARED VOTING POWER   None
		7	SOLE DISPOSITIVE POWER   1,959,323
		8	SHARED DISPOSITIVE POWER   None
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   1,959,323
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES			[   ]
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   5.87%
12	TYPE OF REPORTING PERSON   IA

Item 1.

(a)

Name of Issuer:

Ellie Mae, Inc.

(b)

Address of Issuer’s Principal Executive Offices:

4420 Rosewood Drive, Suite 500

Pleasanton, California 94588

Item 2.

(a)

Name of Person Filing:

Brown Capital Management, LLC

(b)

Address of Principal Business Office or, if None, Residence:

1201 N. Calvert Street

Baltimore, Maryland 21202

(c)

Citizenship:

Brown Capital Management, LLC is a Maryland Limited Liability Company

(d)

Title of Class of Securities:

Common Stock, $0.0001 Par Value

(e)

CUSIP Number:

28849P100

Item 3.

If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

 

(a)

[   ]

Broker or dealer registered under Section 15 of the Exchange Act.

 

(b)

[   ]

Bank as defined in Section 3(a)(6) of the Exchange Act.

 

(c)

[   ]

Insurance company as defined in Section 3(a)(19) of the Exchange Act.

 

(d)

[   ]

Investment company registered under Section 8 of the Investment Company Act.

 

(e)

[x]

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

 

(f)

[   ]

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

 

(g)

[   ]

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

 

(h)

[   ]

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

 

(i)

[   ]

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;

 

(j)

[   ]

Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 

Item 4.

Ownership.

 

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  [   ]

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

All of the shares of Common Stock set forth in Item 4 are owned by various investment advisory clients of Brown Capital Management, LLC, which is deemed to be a beneficial owner of those shares pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, due to it discretionary power to make investment decisions over such shares for its clients and/or its ability to vote such shares. In all cases, persons other than Brown Capital Management, LLC have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of the shares. No individual client holds more than five percent of the class.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not applicable

Item 8.

Identification and Classification of Members of the Group.

Not applicable

Item 9.

Notice of Dissolution of Group.

Not applicable

Item 10.

Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.