APERTUS TECHNOLOGIES INC
SC 13G/A, 1995-07-03
COMPUTER PERIPHERAL EQUIPMENT, NEC
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<PAGE>

UNDER 5% OF THE
OUTSTANDING SHARES

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G


                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                (AMENDMENT NO.1)*


                              APERTUS TECHNOLOGIES
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                                  COMMON STOCK
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    037533106
                                 (CUSIP Number)


Check the following box if a fee is being paid with this statement (A fee is not
required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

<PAGE>

CUSIP No. 037533106                    13G               Page 2 of 13 Pages

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON                          Husic Capital Management
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON


- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                           (a)

- -------------------------------------------------------------------------------
 3   SEC USE ONLY


- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION              California


- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER                   0


 NUMBER OF    -----------------------------------------------------------------
                6  SHARED VOTING POWER                 457,800


              -----------------------------------------------------------------
                7  SOLE DISPOSITIVE POWER              0


              -----------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER            476,900


- -------------------------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     476,900


- -------------------------------------------------------------------------------
 10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- --------------------------------------------------------------------------------
 11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9        3.6%



                      *SEE INSTRUCTION BEFORE FILLING OUT!

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CUSIP No. 037533106                    13G               Page 3 of 13 Pages

- -------------------------------------------------------------------------------
 12  TYPE OF REPORTING PERSON*     PN,IA


- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON                         Frank J. Husic and Co.
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON


- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                           (a)

- -------------------------------------------------------------------------------
 3   SEC USE ONLY


- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION              California


- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER                   0


 NUMBER OF    -----------------------------------------------------------------
                6  SHARED VOTING POWER                 457,800


              -----------------------------------------------------------------
                7  SOLE DISPOSITIVE POWER              0


              -----------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER            476,900


- -------------------------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     476,900


- -------------------------------------------------------------------------------
 10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*



                      *SEE INSTRUCTION BEFORE FILLING OUT!

<PAGE>

CUSIP No. 037533106                    13G               Page 4 of 13 Pages

- --------------------------------------------------------------------------------
 11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9        3.6%


- -------------------------------------------------------------------------------
 12  TYPE OF REPORTING PERSON*     CO,HC


- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON                          Frank J. Husic
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON


- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                           (a)

- -------------------------------------------------------------------------------
 3   SEC USE ONLY


- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION              U.S.A.


- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER                   0


 NUMBER OF    -----------------------------------------------------------------
                6  SHARED VOTING POWER                 457,800


              -----------------------------------------------------------------
                7  SOLE DISPOSITIVE POWER              0


              -----------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER            476,900


- -------------------------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     476,900



                      *SEE INSTRUCTION BEFORE FILLING OUT!

<PAGE>

CUSIP No. 037533106                    13G               Page 5 of 13 Pages

- -------------------------------------------------------------------------------
 10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- --------------------------------------------------------------------------------
 11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9        3.6%


- -------------------------------------------------------------------------------
 12  TYPE OF REPORTING PERSON*     IN,HC


- --------------------------------------------------------------------------------


- --------------------------------------------------------------------------------
     ITEM 1.

          (a)  NAME OF ISSUER:  APERTUS TECHNOLOGIES

          (b)  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
               7275 Flying Cloud Drive
               Eden Prairie, MN 55344


     ITEM 2.

          (a)  NAME OF PERSON FILING:  This statement is being filed by (i)
     Husic Capital Management, a California limited partnership and registered
     investment adviser ("IA"), (ii) Frank J. Husic and Co., a California
     corporation ("Corporate G.P.") and (iii) Frank J. Husic ("Shareholder")
     (collectively, the "Reporting Persons"). Corporate G.P. controls IA by
     virtue of its position as the sole general partner of IA. Shareholder
     controls IA by virtue of Shareholder's position as the sole shareholder of
     Corporate G.P.

               IA's beneficial ownership of the Common Stock is direct as a
     result of IA's discretionary authority to buy, sell, and vote shares of
     such Common Stock for its investment advisory clients. Corporate G.P.'s
     beneficial ownership of Common Stock is indirect as a result of its control
     of IA. Shareholder's beneficial ownership of Common Stock is indirect as a
     result of Shareholder's stock ownership in Corporate G.P. The beneficial
     ownership of the Corporate G.P. and Shareholder is reported solely because
     Rule 13d-1(a) and (b) under the Securities Exchange Act of 1934, as
     amended, requires any person who is "directly or indirectly" the beneficial
     owner of more than five percent of any equity security of a specified class
     to file a Schedule 13G within the specified time period. The answers in
     blocks 6, 8, 9 and 11 on pages 3 and 4 above and in responses to



                      *SEE INSTRUCTION BEFORE FILLING OUT!

<PAGE>

     item 4 by Corporate G.P. and Shareholder are given on the basis of the
     "indirect" beneficial ownership referred to in such Rule, based on the
     direct beneficial ownership of Common Stock by IA and the relationship of
     Corporate G.P. and Shareholder to IA referred to above.

               Information with respect to each Reporting Person is given solely
     by the respective Reporting Person, and no Reporting Person undertakes
     hereby any responsibility for the accuracy or completeness of such
     information concerning any other Reporting Person.

          (b)  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
               RESIDENCE:

               IA's Principal Business Office is located at:

                    555 California Street, Suite 2900, San Francisco,
                    CA 94104

               Corporate G.P.'s Principal Business Office is located
          at:

                    555 California Street, Suite 2900, San Francisco,
                    CA 94104

          Shareholder's Principal Business Office is located at:

                    555 California Street, Suite 2900, San Francisco,
                    CA 94104

          (c)  CITIZENSHIP:

               IA is a California limited partnership.

               Corporate G.P. is a California corporation.

               Shareholder is a United States citizen.

          (d)  TITLE OF CLASS OF SECURITIES:

               Common Stock

          (e)  CUSIP NUMBER:

               037533106


     ITEM 3.   If this statement is filed pursuant to Rule 13d-1(b),
               or 13d-2(b), check whether the person filing is a:



                              Page 6 of 13 pages
<PAGE>

          (a)  / /  Broker or Dealer registered under Section 15 of the Act

          (b)  / /  Bank as defined in section 3(a)(6) of the Act

          (c)  / /  Insurance Company as defined in section 3(a)(19) of the act

          (d)  / /  Investment Company registered under section 8 of the
                    Investment Company Act

          (e)  /X/  Investment Adviser registered under section 203 of the
                    Investment Advisers Act
                         [IA]

          (f)  / /  Employee Benefit Plan, Pension Fund which is subject to the
                    provisions of the Employee Retirement Income Security Act of
                    1974 or Endowment Fund; see 240.13d-1(b)(1)(ii)(F)

          (g)  /X/  Parent Holding Company, in accordance with
                    Section 240.13d-1(b)(ii)(G) (Note: See Item 7)
                         [Corporate G.P.]
                         [Shareholder]

          (h)  / /  Group, in accordance with Section 240.13d1-(b)(1)(ii)(H)


     ITEM 4.   OWNERSHIP

          (a)  AMOUNT BENEFICIALLY OWNED:  Reporting Persons each directly or
     indirectly beneficially own 476,900 shares of Common Stock. IA's beneficial
     ownership is direct and Corporate G.P.'s and Shareholder's beneficial
     ownership is indirect.

          (b)  PERCENT OF CLASS:  3.6%

          (c)  NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

                 (i)     sole power to vote or to direct the vote:  0

                (ii)     shared power to vote or to direct the vote:

                              IA, Corporate G.P. and Shareholder share the power
                              to vote 457,800 shares. No other person has the
                              power to vote such shares.

                              In addition, IA, Corporate G.P. and Shareholder
                              share with the investment



                              Page 7 of 13 pages
<PAGE>

                              advisory clients of IA the power to vote 0 shares.

                              IA, Corporate G.P. and Shareholder have no power
                              to vote 19,100 shares for which they have
                              dispositive power.

               (iii)     sole power to dispose or to direct the
                         disposition of:  0

                (iv)     shared power to dispose or to direct the
                         disposition of:

                              IA, Corporate G.P. and Shareholder share with each
                              other the power to dispose all 476,900 shares for
                              which they have direct or indirect beneficial
                              ownership. They do not share this power with any
                              other person.


     ITEM 5.   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

               The reporting person ceased to be the beneficial owner
               of more than 5% of the class of securities.

     ITEM 6.   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
               ANOTHER PERSON

               IA, a registered investment adviser, Corporate G.P., IA's sole
               general partner, and Shareholder, the sole shareholder of
               Corporate G.P., have the right or the power to direct the receipt
               of dividends from Common Stock, and to direct the receipt of
               proceeds from the sale of Common Stock to IA's investment
               advisory clients. No single investment advisory client of IA owns
               more than 5% of the Common Stock.


     ITEM 7.   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
               WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
               PARENT HOLDING COMPANY

               Corporate G.P. and Shareholder are the equivalent of parent
               holding companies for purposes of this Schedule 13G. IA is the
               equivalent of Corporate G.P.'s direct subsidiary and
               Shareholder's indirect subsidiary, and IA acquired the security
               being reported on by Corporate G.P. and Shareholder. IA is a
               registered investment adviser. See Exhibit B.



                              Page 8 of 13 pages
<PAGE>

     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 acquired in the
               ordinary course of business and were not acquired for the purpose
               of and do not have the effect of changing or influencing the
               control of the issuer of such securities and were not acquired in
               connection with or as a participant in any transaction having
               such purposes or effect.



                              Page 9 of 13 pages
<PAGE>

                                    SIGNATURE

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

May 31, 1995

Dated:  June 5, 1995

                                        HUSIC CAPITAL MANAGEMENT

                                        By:  Frank J. Husic and Co.
                                        Its: General Partner



                                        By:  /s/ Frank J. Husic
                                           ----------------------------
                                             Frank J. Husic
                                             President



                                        FRANK J. HUSIC AND CO.



                                        By:  /s/ Frank J. Husic

                                           ----------------------------
                                             Frank J. Husic
                                             President





                                        By:  /s/ Frank J. Husic
                                           -------------------------------------
                                             Frank J. Husic



                              Page 10 of 13 pages
<PAGE>

                                    EXHIBITS

EXHIBIT A Statement With Respect To Joint Filing Of Schedule 13G

EXHIBIT B Identification  and Classification of Subsidiary  Which
          Acquired  Security  Being Reported  On  By  the  Parent
          Holding Company



                              Page 11 of 13 pages
<PAGE>

                                    EXHIBIT A

             STATEMENT WITH RESPECT TO JOINT FILING OF SCHEDULE 13G

     The undersigned hereby agree that any statement of Schedule 13G to be filed
with the Securities and Exchange Commission by any of the undersigned, including
any amendment thereto, with respect to securities of AGCO CORPORATION may be
filed by any of the undersigned as a joint filing on behalf of all of the
undersigned.

May 31, 1995

Dated:  June 5, 1995
                                        HUSIC CAPITAL MANAGEMENT

                                        By:  Frank J. Husic and Co.
                                        Its: General Partner



                                        By:  /s/ Frank J. Husic
                                           ----------------------------
                                             Frank J. Husic
                                             President



                                        FRANK J. HUSIC AND CO.



                                        By:  /s/ Frank J. Husic
                                           ----------------------------
                                             Frank J. Husic
                                             President



                                        By:  /s/ Frank J. Husic
                                           -----------------------------
                                             Frank J. Husic



                              Page 12 of 13 pages
<PAGE>

                                    EXHIBIT B

                      IDENTIFICATION AND CLASSIFICATION OF
                    SUBSIDIARY WHICH ACQUIRED SECURITY BEING
                   REPORTED ON BY THE PARENT HOLDING COMPANIES



     IA, a registered investment adviser, acquired "beneficial ownership" of the
securities being reported on as a result of its discretionary authority to
acquire, dispose and (with respect to certain of such securities) vote the
securities being reported on. Pursuant to Rule 13d-1(b)(ii)(G) of the Securities
Exchange Act of 1934, as amended, a parent holding company may file a statement
on Schedule 13G. Under a series of SEC no-action letters, including the letter
issued to WARREN BUFFET AND BERKSHIRE HATHAWAY, INC. (available December 5,
1986), the SEC allowed individuals to file Schedule 13G, if such individuals
controlled corporations that either were eligible to file Schedule 13G or
directly or indirectly controlled entities eligible to file Schedule 13G
reports. As an individual and an entity, respectively, ultimately controlling an
entity qualified to file Schedule 13G, Shareholder and Corporate G.P. should be
treated as "parent holding companies" and given the benefit of the Schedule 13G
reporting regime to report their indirect beneficial ownership in such shares.


                              Page 13 of 13 pages


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