FALCON POINT CAPITAL, LLC Activity Q2 2003-Q4 2020

Q4 2020

			Value		Shares		↓ Weighting
CSGP	Sell	CoStar Group, Inc.	$507,000	+5.8%	548	-3.0%	4.27%	-21.2%
RNG	Sell	Ringcentral Inc.	$459,000	-15.8%	1,210	-39.0%	3.87%	-37.3%
NGMS	New	NeoGames S.A.	$437,000	–	11,500	–	3.68%	–
FIVN	Sell	Five9	$417,000	+8.6%	2,392	-19.1%	3.51%	-19.1%
QCOM	New	Qualcomm Inc.	$364,000	–	2,389	–	3.07%	–
TSM	Buy	Taiwan Semiconductor ADR	$342,000	+47.4%	3,133	+9.5%	2.88%	+9.8%
IIVI	New	IIVI Inc.	$339,000	–	4,466	–	2.86%	–
DY	Sell	Dycom Industries	$330,000	+27.9%	4,376	-10.6%	2.78%	-4.7%
V	Buy	Visa Inc - Class A Shares	$325,000	+19.5%	1,488	+9.6%	2.74%	-11.0%
AVLR	New	Avalara Inc.	$321,000	–	1,949	–	2.70%	–
NVDA	Sell	Nvidia Corp.	$314,000	-29.8%	601	-27.2%	2.64%	-47.7%
FVRR	Sell	Fiverr International Ltd.	$305,000	+8.9%	1,563	-22.4%	2.57%	-18.9%
NTIC	New	Northern Technologies	$301,000	–	28,519	–	2.54%	–
DHIL	New	Diamond Hill Investment Group,	$294,000	–	1,970	–	2.48%	–
HZNP	Sell	Horizon Therapeutics PLC	$291,000	-10.2%	3,980	-4.5%	2.45%	-33.1%
PWR	New	Quanta Services Inc.	$290,000	–	4,022	–	2.44%	–
MA	Buy	Mastercard Inc.	$288,000	+13.4%	808	+7.4%	2.43%	-15.5%
RAMP	Sell	LiveRamp Holdings, Inc.	$254,000	-18.3%	3,464	-42.3%	2.14%	-39.2%
DT	Sell	Dynatrace Inc.	$252,000	+0.4%	5,822	-5.0%	2.12%	-25.2%
AEM	Buy	Agnico-Eagle Mines Limited	$250,000	-0.4%	3,539	+12.4%	2.11%	-25.8%
XPO	New	XPO Logistics Inc.	$249,000	–	2,088	–	2.10%	–
MU	New	Micron Technology Inc.	$233,000	–	3,100	–	1.96%	–
DAL	New	Delta Airlines	$233,000	–	5,800	–	1.96%	–
PCTY	New	Paylocity Holding Corp	$233,000	–	1,132	–	1.96%	–
AAPL	New	Apple Inc.	$232,000	–	1,750	–	1.95%	–
BBSI	New	Barrett Business Services Inc	$231,000	–	3,382	–	1.95%	–
PAAS	New	Pan American Silver Corp	$228,000	–	6,600	–	1.92%	–
MSFT	Sell	Microsoft Corp.	$227,000	-16.8%	1,021	-21.3%	1.91%	-38.1%
PINS	New	Pinterest Inc.	$224,000	–	3,400	–	1.89%	–
CZR	New	Caesars Entertainment Corporat	$223,000	–	3,000	–	1.88%	–
DHI	Buy	D.R. Horton Inc.	$219,000	0.0%	3,175	+9.5%	1.84%	-25.5%
AMZN	Sell	Amazon Com Inc.	$215,000	-4.0%	66	-7.0%	1.81%	-28.5%
AMD	New	Advanced Micro Devices, Inc.	$212,000	–	2,313	–	1.79%	–
NVR	New	NVR, Inc.	$208,000	–	51	–	1.75%	–
VG	Sell	Vonage Holdings Corp.	$205,000	+7.9%	15,951	-14.2%	1.73%	-19.6%
ALV	New	Autoliv Inc	$201,000	–	2,182	–	1.69%	–
LINC	Buy	Lincoln Educational Services	$131,000	+63.8%	20,110	+38.7%	1.10%	+22.0%
SPRQU	New	Spartan Acquisition II Corp	$108,000	–	10,000	–	0.91%	–
NOK	Exit	Nokia Corp. (ADR)	$0	–	-16,065	–	-0.71%	–
HL	Exit	Helca Mining co	$0	–	-12,875	–	-0.74%	–
UTI	Exit	Universal Technical Institute,	$0	–	-15,419	–	-0.88%	–
ASPU	Exit	Aspen Group Inc.	$0	–	-12,369	–	-1.56%	–
WIFI	Exit	Boingo Wireless Inc.	$0	–	-17,009	–	-1.96%	–
AGI	Exit	Alamos Gold, Inc.	$0	–	-20,286	–	-2.02%	–
DKNG	Exit	DraftKings Inc.	$0	–	-3,400	–	-2.26%	–
NFLX	Exit	Netflix Inc.	$0	–	-405	–	-2.30%	–
LVGO	Exit	Livongo Health Inc.	$0	–	-1,501	–	-2.38%	–
LLNW	Exit	Limelight Networks Inc	$0	–	-36,951	–	-2.41%	–
WTFCP	Exit	Wintrust Financial Corpprd	$0	–	-8,000	–	-2.42%	–
GLD	Exit	SPDR Gold Shares	$0	–	-1,390	–	-2.78%	–
BABA	Exit	Alibaba Group (ADR)	$0	–	-936	–	-3.11%	–

Q3 2020

			Value		Shares		↓ Weighting
RNG	Sell	Ringcentral Inc.	$545,000	-12.4%	1,983	-9.2%	6.16%	+102.3%
CSGP	Sell	CoStar Group, Inc.	$479,000	+18.9%	565	-0.4%	5.42%	+174.4%
NVDA	Sell	Nvidia Corp.	$447,000	+10.4%	826	-22.5%	5.06%	+154.8%
FIVN	Sell	Five9	$384,000	-50.6%	2,958	-57.9%	4.34%	+13.9%
HZNP	New	Horizon Therapeutics PLC	$324,000	–	4,166	–	3.66%	–
RAMP	New	LiveRamp Holdings, Inc.	$311,000	–	6,006	–	3.52%	–
FVRR	New	Fiverr International Ltd.	$280,000	–	2,014	–	3.17%	–
BABA	New	Alibaba Group (ADR)	$275,000	–	936	–	3.11%	–
MSFT	Sell	Microsoft Corp.	$273,000	-22.0%	1,297	-24.7%	3.09%	+80.0%
DY	New	Dycom Industries	$258,000	–	4,893	–	2.92%	–
MA	Sell	Mastercard Inc.	$254,000	+0.8%	752	-11.7%	2.87%	+132.6%
AEM	New	Agnico-Eagle Mines Limited	$251,000	–	3,149	–	2.84%	–
GLD	Sell	SPDR Gold Shares	$246,000	-18.0%	1,390	-22.3%	2.78%	+89.3%
TSM	New	Taiwan Semiconductor ADR	$232,000	–	2,862	–	2.62%	–
AMZN	Sell	Amazon Com Inc.	$224,000	-33.9%	71	-42.3%	2.53%	+52.5%
DHI	New	D.R. Horton Inc.	$219,000	–	2,900	–	2.48%	–
FHNPRE	Sell	First Horizon Nationalprd	$218,000	-13.8%	8,000	-20.0%	2.46%	+99.0%
WTFCP	Sell	Wintrust Financial Corpprd	$214,000	-17.7%	8,000	-20.0%	2.42%	+90.0%
LLNW	Sell	Limelight Networks Inc	$213,000	-76.3%	36,951	-69.7%	2.41%	-45.3%
LVGO	New	Livongo Health Inc.	$210,000	–	1,501	–	2.38%	–
APOPRA	New	Apollo Global Management LLC 6prd	$207,000	–	8,000	–	2.34%	–
TANNL	Sell	TravelCenters of Americaprd	$203,000	-44.2%	8,000	-46.7%	2.30%	+28.8%
NFLX	New	Netflix Inc.	$203,000	–	405	–	2.30%	–
DKNG	New	DraftKings Inc.	$200,000	–	3,400	–	2.26%	–
VG	Sell	Vonage Holdings Corp.	$190,000	-73.8%	18,593	-74.2%	2.15%	-39.6%
AGI	Sell	Alamos Gold, Inc.	$179,000	-46.7%	20,286	-43.4%	2.02%	+23.0%
WIFI	Sell	Boingo Wireless Inc.	$173,000	-46.4%	17,009	-29.8%	1.96%	+23.6%
ASPU	Sell	Aspen Group Inc.	$138,000	-22.0%	12,369	-36.6%	1.56%	+80.0%
LINC	New	Lincoln Educational Services	$80,000	–	14,500	–	0.90%	–
UTI	Sell	Universal Technical Institute,	$78,000	-64.2%	15,419	-50.8%	0.88%	-17.4%
HL	New	Helca Mining co	$65,000	–	12,875	–	0.74%	–
NOK	New	Nokia Corp. (ADR)	$63,000	–	16,065	–	0.71%	–
CDE	Exit	Coeur Mining Inc.	$0	–	-17,400	–	-0.43%	–
PFNX	Exit	Pfenex Inc.	$0	–	-13,158	–	-0.54%	–
CERS	Exit	Cerus Corporation	$0	–	-17,200	–	-0.56%	–
BV	Exit	BrightView Holdings Inc.	$0	–	-12,369	–	-0.68%	–
EVRI	Exit	Everi Holdings Inc.	$0	–	-27,635	–	-0.70%	–
HOMB	Exit	Home Bancshares INC	$0	–	-10,680	–	-0.80%	–
VCEL	Exit	Vericel Corporation	$0	–	-12,329	–	-0.83%	–
SPNE	Exit	SeaSpine Holdings Corp.	$0	–	-17,755	–	-0.91%	–
VIAV	Exit	Viavi Solutions Inc.	$0	–	-15,732	–	-0.98%	–
WPM	Exit	Wheaton Precious Metals Corp.	$0	–	-4,803	–	-1.04%	–
MMS	Exit	Maximus, Inc.	$0	–	-3,030	–	-1.04%	–
	Exit	Scorpio Tankers Inccvbond	$0	–	-250,000	–	-1.04%	–
CYRX	Exit	Cryoport Inc.	$0	–	-7,404	–	-1.10%	–
ASGN	Exit	ASGN Inc.	$0	–	-3,441	–	-1.12%	–
MTZ	Exit	MasTec, Inc.	$0	–	-5,170	–	-1.14%	–
	Exit	Fireeye Inc.cvbond	$0	–	-250,000	–	-1.16%	–
	Exit	Encore Capital Group Inc.cvbond	$0	–	-250,000	–	-1.18%	–
GOLD	Exit	Barrick Gold Corp	$0	–	-9,463	–	-1.25%	–
APOPRA	Exit	Apollo Global Management LLCprd	$0	–	-10,000	–	-1.26%	–
VCYT	Exit	Veracyte Inc.	$0	–	-9,948	–	-1.26%	–
UPWK	Exit	Upwork Inc.	$0	–	-18,101	–	-1.28%	–
QDEL	Exit	Quidel Corp	$0	–	-1,175	–	-1.29%	–
FEYE	Exit	FireEye Inc.	$0	–	-21,900	–	-1.31%	–
WSC	Exit	WillScot Mobile Mini Holdings	$0	–	-22,526	–	-1.36%	–
CSII	Exit	Cardiovascular Systems Inc.	$0	–	-8,957	–	-1.39%	–
RCM	Exit	R1 RCM Inc.	$0	–	-28,576	–	-1.56%	–
LGND	Exit	Ligand Pharmaceuticals Inc.	$0	–	-2,871	–	-1.57%	–
JACK	Exit	Jack In The Box Inc.	$0	–	-4,357	–	-1.58%	–
SJB	Exit	Proshares Short High Yield	$0	–	-16,753	–	-1.72%	–
AATRL	Exit	AMG Capitalcvpfd	$0	–	-9,000	–	-1.74%	–
PRFT	Exit	Perficient Inc.	$0	–	-10,169	–	-1.78%	–
BCO	Exit	Brink's Co.	$0	–	-8,065	–	-1.80%	–
ICFI	Exit	ICF International	$0	–	-5,766	–	-1.83%	–
NYCBPRU	Exit	NY Community Cap Trust Vcvpfd	$0	–	-9,000	–	-1.97%	–
SWCH	Exit	Switch, Inc.	$0	–	-23,451	–	-2.05%	–
PFPT	Exit	Proofpoint, Inc.	$0	–	-3,889	–	-2.12%	–
NEO	Exit	Neogenomics, Inc.	$0	–	-14,412	–	-2.18%	–
IIVI	Exit	IIVI Inc.	$0	–	-9,813	–	-2.27%	–
BOX	Exit	Box, Inc.	$0	–	-22,838	–	-2.32%	–
LHCG	Exit	LHC Group Inc.	$0	–	-2,717	–	-2.32%	–
MPW	Exit	Medical Properties Trust Inc.	$0	–	-25,663	–	-2.36%	–
FTAI	Exit	Fortress Transportation & Infr	$0	–	-47,552	–	-3.03%	–

Q2 2020

			Value		Shares		↓ Weighting
LLNW	New	Limelight Networks Inc	$899,000	–	122,128	–	4.40%	–
FIVN	New	Five9	$778,000	–	7,030	–	3.81%	–
VG	New	Vonage Holdings Corp.	$726,000	–	72,131	–	3.56%	–
RNG	New	Ringcentral Inc.	$622,000	–	2,183	–	3.05%	–
FTAI	New	Fortress Transportation & Infr	$618,000	–	47,552	–	3.03%	–
MPW	New	Medical Properties Trust Inc.	$482,000	–	25,663	–	2.36%	–
LHCG	New	LHC Group Inc.	$474,000	–	2,717	–	2.32%	–
BOX	New	Box, Inc.	$474,000	–	22,838	–	2.32%	–
IIVI	New	IIVI Inc.	$463,000	–	9,813	–	2.27%	–
NEO	New	Neogenomics, Inc.	$446,000	–	14,412	–	2.18%	–
PFPT	New	Proofpoint, Inc.	$432,000	–	3,889	–	2.12%	–
SWCH	New	Switch, Inc.	$418,000	–	23,451	–	2.05%	–
NVDA	New	Nvidia Corp.	$405,000	–	1,066	–	1.98%	–
CSGP	New	CoStar Group, Inc.	$403,000	–	567	–	1.97%	–
NYCBPRU	New	NY Community Cap Trust Vcvpfd	$402,000	–	9,000	–	1.97%	–
ICFI	New	ICF International	$374,000	–	5,766	–	1.83%	–
BCO	New	Brink's Co.	$367,000	–	8,065	–	1.80%	–
TANNL	New	TravelCenters of Americaprd	$364,000	–	15,000	–	1.78%	–
PRFT	New	Perficient Inc.	$364,000	–	10,169	–	1.78%	–
AATRL	New	AMG Capitalcvpfd	$356,000	–	9,000	–	1.74%	–
MSFT	New	Microsoft Corp.	$350,000	–	1,722	–	1.72%	–
SJB	New	Proshares Short High Yield	$350,000	–	16,753	–	1.72%	–
AMZN	New	Amazon Com Inc.	$339,000	–	123	–	1.66%	–
AGI	New	Alamos Gold, Inc.	$336,000	–	35,867	–	1.65%	–
JACK	New	Jack In The Box Inc.	$323,000	–	4,357	–	1.58%	–
WIFI	New	Boingo Wireless Inc.	$323,000	–	24,237	–	1.58%	–
LGND	New	Ligand Pharmaceuticals Inc.	$321,000	–	2,871	–	1.57%	–
RCM	New	R1 RCM Inc.	$319,000	–	28,576	–	1.56%	–
GLD	New	SPDR Gold Shares	$300,000	–	1,790	–	1.47%	–
CSII	New	Cardiovascular Systems Inc.	$283,000	–	8,957	–	1.39%	–
WSC	New	WillScot Mobile Mini Holdings	$277,000	–	22,526	–	1.36%	–
FEYE	New	FireEye Inc.	$267,000	–	21,900	–	1.31%	–
QDEL	New	Quidel Corp	$263,000	–	1,175	–	1.29%	–
V	New	Visa Inc - Class A Shares	$262,000	–	1,358	–	1.28%	–
UPWK	New	Upwork Inc.	$261,000	–	18,101	–	1.28%	–
WTFCP	New	Wintrust Financial Corpprd	$260,000	–	10,000	–	1.27%	–
VCYT	New	Veracyte Inc.	$258,000	–	9,948	–	1.26%	–
APOPRA	New	Apollo Global Management LLCprd	$257,000	–	10,000	–	1.26%	–
GOLD	New	Barrick Gold Corp	$255,000	–	9,463	–	1.25%	–
FHNPRE	New	First Horizon Nationalprd	$253,000	–	10,000	–	1.24%	–
MA	New	Mastercard Inc.	$252,000	–	852	–	1.24%	–
DT	New	Dynatrace Inc.	$249,000	–	6,128	–	1.22%	–
	New	Encore Capital Group Inc.cvbond	$240,000	–	250,000	–	1.18%	–
	New	Fireeye Inc.cvbond	$236,000	–	250,000	–	1.16%	–
	New	Vonage Holdings Corpcvbond	$233,000	–	250,000	–	1.14%	–
MTZ	New	MasTec, Inc.	$232,000	–	5,170	–	1.14%	–
ASGN	New	ASGN Inc.	$229,000	–	3,441	–	1.12%	–
CYRX	New	Cryoport Inc.	$224,000	–	7,404	–	1.10%	–
	New	Boingo Wirelesscvbond	$222,000	–	250,000	–	1.09%	–
	New	Ligand Pharmaceuticals Icvbond	$219,000	–	250,000	–	1.07%	–
UTI	New	Universal Technical Institute,	$218,000	–	31,319	–	1.07%	–
MMS	New	Maximus, Inc.	$213,000	–	3,030	–	1.04%	–
	New	Scorpio Tankers Inccvbond	$213,000	–	250,000	–	1.04%	–
WPM	New	Wheaton Precious Metals Corp.	$212,000	–	4,803	–	1.04%	–
VIAV	New	Viavi Solutions Inc.	$200,000	–	15,732	–	0.98%	–
SPNE	New	SeaSpine Holdings Corp.	$186,000	–	17,755	–	0.91%	–
ASPU	New	Aspen Group Inc.	$177,000	–	19,519	–	0.87%	–
VCEL	New	Vericel Corporation	$170,000	–	12,329	–	0.83%	–
HOMB	New	Home Bancshares INC	$164,000	–	10,680	–	0.80%	–
EVRI	New	Everi Holdings Inc.	$143,000	–	27,635	–	0.70%	–
BV	New	BrightView Holdings Inc.	$139,000	–	12,369	–	0.68%	–
CERS	New	Cerus Corporation	$114,000	–	17,200	–	0.56%	–
PFNX	New	Pfenex Inc.	$110,000	–	13,158	–	0.54%	–
CDE	New	Coeur Mining Inc.	$88,000	–	17,400	–	0.43%	–
	New	Petroquest Energy Inc.	$6,000	–	11,910	–	0.03%	–

Q4 2019

			Value		Shares		↓ Weighting
	Exit	Petroquest Energy Inc.	$0	–	-11,910	–	-0.01%	–
CDE	Exit	Coeur Mining INC	$0	–	-17,955	–	-0.05%	–
CEMI	Exit	Chembio Diagnostics INC	$0	–	-19,345	–	-0.06%	–
XENE	Exit	Xenon Pharmaceuticals INC	$0	–	-12,980	–	-0.06%	–
VRAY	Exit	ViewRay, Inc.	$0	–	-43,092	–	-0.06%	–
OPTN	Exit	OptiNose	$0	–	-15,894	–	-0.07%	–
APEN	Exit	Apollo Endosurgery Inc.	$0	–	-42,207	–	-0.07%	–
ALDX	Exit	Aldeyra Therapeutics Inc.	$0	–	-25,118	–	-0.08%	–
	Exit	PROS Holding, Inc.cvbond	$0	–	-100,000	–	-0.08%	–
COHU	Exit	Cohu Inc.	$0	–	-11,102	–	-0.10%	–
KRUS	Exit	Kura Sushi USA, Inc.	$0	–	-10,068	–	-0.10%	–
	Exit	Horizon Global Corp.cvbond	$0	–	-250,000	–	-0.11%	–
	Exit	Boingo Wirelesscvbond	$0	–	-250,000	–	-0.12%	–
AMHPRE	Exit	American Homes 4 Rentprd	$0	–	-8,000	–	-0.12%	–
BLFS	Exit	Biolife Solutions INC	$0	–	-12,662	–	-0.12%	–
ONTO	Exit	Onto Innovation Inc.	$0	–	-6,698	–	-0.12%	–
XPO	Exit	XPO Logistics Inc.	$0	–	-2,857	–	-0.12%	–
GPX	Exit	GP Strategies Corp	$0	–	-19,718	–	-0.12%	–
WTFCM	Exit	Wintrust Financial Groupprd	$0	–	-7,500	–	-0.12%	–
UBA	Exit	Urstadt Biddle Properties	$0	–	-9,440	–	-0.13%	–
TRTN	Exit	Triton International Ltd	$0	–	-6,540	–	-0.13%	–
	Exit	Fireeye Inc.cvbond	$0	–	-250,000	–	-0.13%	–
MA	Exit	Mastercard Inc.	$0	–	-872	–	-0.13%	–
	Exit	Encore Capital Group Inc.cvbond	$0	–	-250,000	–	-0.13%	–
V	Exit	Visa Inc - Class A Shares	$0	–	-1,358	–	-0.13%	–
SJB	Exit	Proshares Short High Yield	$0	–	-11,753	–	-0.14%	–
MSFT	Exit	Microsoft Corp.	$0	–	-1,751	–	-0.14%	–
WPM	Exit	Wheaton Precious Metals Corp.	$0	–	-8,946	–	-0.14%	–
AMD	Exit	Advanced Micro Devices, Inc.	$0	–	-7,426	–	-0.14%	–
AEM	Exit	Agnico-Eagle Mines LTD	$0	–	-4,223	–	-0.14%	–
LEAF	Exit	Leaf Group	$0	–	-88,880	–	-0.14%	–
APOPRA	Exit	Apollo Global Management LLC A137prd	$0	–	-10,000	–	-0.14%	–
	Exit	Scorpio Tankers Inccvbond	$0	–	-250,000	–	-0.15%	–
TSM	Exit	Taiwan Semiconductor ADR	$0	–	-5,402	–	-0.15%	–
PWR	Exit	Quanta Services Inc.	$0	–	-6,632	–	-0.15%	–
ATEC	Exit	Alphatec Holdings, Inc.	$0	–	-42,936	–	-0.16%	–
BBSI	Exit	Barrett Business Services Inc	$0	–	-4,216	–	-0.20%	–
TANNL	Exit	TravelCenters of Americaprd	$0	–	-15,000	–	-0.21%	–
CSGP	Exit	CoStar Group, Inc.	$0	–	-702	–	-0.21%	–
PFNX	Exit	Pfenex Inc.	$0	–	-44,217	–	-0.22%	–
AATRL	Exit	AMG Capitalcvpfd	$0	–	-9,000	–	-0.24%	–
RNG	Exit	Ringcentral Inc.	$0	–	-2,676	–	-0.24%	–
EVRI	Exit	Everi Holdings Inc.	$0	–	-42,979	–	-0.24%	–
NYCBPRU	Exit	NY Community Cap Trust Vcvpfd	$0	–	-9,000	–	-0.25%	–
PZN	Exit	Pzena Investment Management, I	$0	–	-57,881	–	-0.26%	–
	Exit	Calamp Corp.cvbond	$0	–	-500,000	–	-0.27%	–
AMOT	Exit	Allied Motion Technologies	$0	–	-13,039	–	-0.27%	–
VPG	Exit	Vishay Precision Group	$0	–	-14,941	–	-0.28%	–
AVDR	Exit	Avedro Inc.	$0	–	-22,325	–	-0.28%	–
PLYM	Exit	Plymouth Industrial Reit Inc.	$0	–	-32,954	–	-0.34%	–
ASPU	Exit	Aspen Group	$0	–	-100,015	–	-0.34%	–
HCKT	Exit	Hackett Group	$0	–	-38,281	–	-0.35%	–
SYX	Exit	Systemax Inc.	$0	–	-30,010	–	-0.36%	–
CARB	Exit	Carbonite Inc.	$0	–	-40,553	–	-0.38%	–
MDLA	Exit	Medallia Inc.	$0	–	-24,750	–	-0.39%	–
KRNT	Exit	Kornit Digital LTD	$0	–	-22,224	–	-0.41%	–
NMIH	Exit	NMI Holdings Inc.	$0	–	-26,111	–	-0.42%	–
GLDD	Exit	Great Lakes Dredge & Dock Co.	$0	–	-71,104	–	-0.42%	–
CSV	Exit	Carriage Services Inc.	$0	–	-31,180	–	-0.44%	–
UPLD	Exit	Upland Software Inc.	$0	–	-21,772	–	-0.45%	–
CHUY	Exit	Chuy's Holdings	$0	–	-33,610	–	-0.45%	–
QNST	Exit	Quinstreet, Inc.	$0	–	-65,001	–	-0.46%	–
DY	Exit	Dycom Industries	$0	–	-26,410	–	-0.66%	–
CRAI	Exit	CRA International Inc.	$0	–	-26,121	–	-0.70%	–
WIFI	Exit	Boingo Wireless Inc.	$0	–	-142,935	–	-0.74%	–
MMSI	Exit	Merit Medical Systems Inc.	$0	–	-72,737	–	-0.82%	–
VCYT	Exit	Veracyte Inc.	$0	–	-72,046	–	-0.90%	–
WTS	Exit	Watts Water Technologies-A	$0	–	-19,103	–	-0.98%	–
APOG	Exit	Apogee Enterprises, Inc.	$0	–	-47,775	–	-0.98%	–
VCEL	Exit	Vericel Corporation	$0	–	-115,875	–	-1.01%	–
HQY	Exit	HealthEquity Inc.	$0	–	-33,129	–	-1.03%	–
EVBG	Exit	Everbridge Inc.	$0	–	-28,562	–	-1.09%	–
CAMP	Exit	CalAmp Corp.	$0	–	-192,072	–	-1.18%	–
STNG	Exit	Scorpio Tankers INC	$0	–	-69,298	–	-1.21%	–
ABCB	Exit	Ameris Bancorp	$0	–	-52,325	–	-1.23%	–
BMCH	Exit	BMC Stock Holdings INC	$0	–	-86,420	–	-1.28%	–
HOMB	Exit	Home Bancshares INC	$0	–	-128,257	–	-1.30%	–
CSOD	Exit	Cornerstone OnDemand	$0	–	-42,574	–	-1.37%	–
BV	Exit	BrightView Holdings Inc.	$0	–	-148,519	–	-1.45%	–
ASGN	Exit	ASGN Inc.	$0	–	-42,326	–	-1.48%	–
MMS	Exit	Maximus, Inc.	$0	–	-36,382	–	-1.53%	–
WTFC	Exit	Wintrust Financial Corporation	$0	–	-45,386	–	-1.59%	–
IIVI	Exit	IIVI Inc.	$0	–	-87,435	–	-1.59%	–
SAIA	Exit	Saia Inc.	$0	–	-33,601	–	-1.64%	–
BOX	Exit	Box, Inc.	$0	–	-182,362	–	-1.69%	–
FIVN	Exit	Five9	$0	–	-58,890	–	-1.79%	–
SPNE	Exit	SeaSpine Holdings Corp.	$0	–	-237,212	–	-1.80%	–
LGND	Exit	Ligand Pharmaceuticals Inc.	$0	–	-32,826	–	-1.96%	–
OMCL	Exit	Omnicell, Inc.	$0	–	-52,051	–	-2.01%	–
AGS	Exit	PlayAGS,Inc.	$0	–	-334,584	–	-2.12%	–
MPW	Exit	Medical Properties Trust Inc.	$0	–	-187,837	–	-2.13%	–
BCO	Exit	Brink's Co.	$0	–	-46,742	–	-2.18%	–
SWCH	Exit	Switch Inc	$0	–	-282,155	–	-2.28%	–
PFPT	Exit	Proofpoint, Inc.	$0	–	-36,551	–	-2.31%	–
WSC	Exit	WillScot Corp.	$0	–	-271,095	–	-2.34%	–
CONN	Exit	Conns Inc.	$0	–	-181,712	–	-2.41%	–
VG	Exit	Vonage Holdings Corp.	$0	–	-465,108	–	-2.49%	–
LLNW	Exit	Limelight Networks Inc	$0	–	-1,089,003	–	-2.52%	–
RCM	Exit	R1 RCM Inc.	$0	–	-490,944	–	-2.86%	–
PRFT	Exit	Perficient Inc.	$0	–	-133,362	–	-2.86%	–
NEO	Exit	Neogenomics, Inc.	$0	–	-227,942	–	-2.86%	–
ERI	Exit	Eldorado Resorts, Inc.	$0	–	-119,921	–	-2.94%	–
FEYE	Exit	FireEye Inc.	$0	–	-361,425	–	-3.14%	–
MTZ	Exit	MasTec, Inc.	$0	–	-91,131	–	-3.14%	–
FTAI	Exit	Fortress Transportation & Infr	$0	–	-368,032	–	-3.20%	–
JACK	Exit	Jack In The Box Inc.	$0	–	-70,434	–	-3.24%	–
ICFI	Exit	ICF International	$0	–	-77,074	–	-3.62%	–
CSII	Exit	Cardiovascular Systems Inc.	$0	–	-160,494	–	-3.92%	–

Q3 2019

			Value		Shares		↓ Weighting
CSII	Buy	Cardiovascular Systems Inc.	$7,145,000	+3.8%	160,494	+0.1%	3.92%	+5.7%
ICFI	Buy	ICF International	$6,604,000	+22.6%	77,074	+4.2%	3.62%	+24.9%
JACK	Sell	Jack In The Box Inc.	$5,918,000	+3.1%	70,434	-0.2%	3.24%	+5.0%
FTAI	Buy	Fortress Transportation & Infr	$5,833,000	+10.1%	368,032	+4.9%	3.20%	+12.2%
MTZ	Buy	MasTec, Inc.	$5,736,000	+28.5%	91,131	+5.2%	3.14%	+30.8%
FEYE	Sell	FireEye Inc.	$5,725,000	-6.7%	361,425	-12.8%	3.14%	-4.9%
ERI	Sell	Eldorado Resorts, Inc.	$5,369,000	-13.8%	119,921	-11.3%	2.94%	-12.2%
PRFT	Buy	Perficient Inc.	$5,228,000	+19.2%	133,362	+4.3%	2.86%	+21.4%
NEO	Buy	Neogenomics, Inc.	$5,227,000	+9.1%	227,942	+4.4%	2.86%	+11.1%
RCM	Buy	R1 RCM Inc.	$5,219,000	-2.6%	490,944	+15.3%	2.86%	-0.8%
LLNW	Buy	Limelight Networks Inc	$4,596,000	+164.4%	1,089,003	+69.2%	2.52%	+169.3%
VG	Buy	Vonage Holdings Corp.	$4,544,000	-9.3%	465,108	+5.2%	2.49%	-7.6%
CONN	Buy	Conns Inc.	$4,396,000	+41.0%	181,712	+3.8%	2.41%	+43.6%
WSC	Buy	WillScot Corp.	$4,272,000	+10.3%	271,095	+5.3%	2.34%	+12.3%
PFPT	Sell	Proofpoint, Inc.	$4,217,000	-14.8%	36,551	-11.2%	2.31%	-13.2%
SWCH	Buy	Switch Inc	$4,167,000	+14.1%	282,155	+1.1%	2.28%	+16.2%
BCO	Sell	Brink's Co.	$3,971,000	-12.8%	46,742	-16.7%	2.18%	-11.2%
MPW	Buy	Medical Properties Trust Inc.	$3,894,000	+24.7%	187,837	+4.9%	2.13%	+27.0%
AGS	Buy	PlayAGS,Inc.	$3,861,000	+0.8%	334,584	+70.0%	2.12%	+2.7%
OMCL	Buy	Omnicell, Inc.	$3,664,000	-4.9%	52,051	+16.3%	2.01%	-3.0%
LGND	Buy	Ligand Pharmaceuticals Inc.	$3,572,000	+0.5%	32,826	+5.4%	1.96%	+2.4%
SPNE	Sell	SeaSpine Holdings Corp.	$3,283,000	-3.1%	237,212	-7.3%	1.80%	-1.3%
FIVN	Sell	Five9	$3,269,000	-8.9%	58,890	-15.8%	1.79%	-7.2%
BOX	Buy	Box, Inc.	$3,086,000	-1.8%	182,362	+2.2%	1.69%	+0.1%
SAIA	Buy	Saia Inc.	$2,997,000	+45.3%	33,601	+5.3%	1.64%	+47.9%
IIVI	Buy	IIVI Inc.	$2,898,000	+21.0%	87,435	+33.4%	1.59%	+23.2%
WTFC	Buy	Wintrust Financial Corporation	$2,897,000	-8.3%	45,386	+5.2%	1.59%	-6.6%
MMS	Buy	Maximus, Inc.	$2,792,000	+11.4%	36,382	+5.3%	1.53%	+13.5%
ASGN	Buy	ASGN Inc.	$2,692,000	+10.5%	42,326	+5.3%	1.48%	+12.6%
BV	Buy	BrightView Holdings Inc.	$2,644,000	+13.5%	148,519	+19.3%	1.45%	+15.6%
CSOD	Sell	Cornerstone OnDemand	$2,494,000	-19.3%	42,574	-20.2%	1.37%	-17.9%
HOMB	Buy	Home Bancshares INC	$2,370,000	+1.1%	128,257	+5.3%	1.30%	+3.0%
BMCH	New	BMC Stock Holdings INC	$2,332,000	–	86,420	–	1.28%	–
ABCB	New	Ameris Bancorp	$2,242,000	–	52,325	–	1.23%	–
STNG	New	Scorpio Tankers INC	$2,204,000	–	69,298	–	1.21%	–
CAMP	Buy	CalAmp Corp.	$2,155,000	+40.2%	192,072	+45.9%	1.18%	+42.8%
EVBG	Buy	Everbridge Inc.	$1,985,000	-18.4%	28,562	+4.9%	1.09%	-16.9%
HQY	New	HealthEquity Inc.	$1,881,000	–	33,129	–	1.03%	–
VCEL	New	Vericel Corporation	$1,839,000	–	115,875	–	1.01%	–
APOG	Sell	Apogee Enterprises, Inc.	$1,793,000	-25.3%	47,775	-13.5%	0.98%	-23.9%
WTS	Buy	Watts Water Technologies-A	$1,781,000	+5.2%	19,103	+5.2%	0.98%	+7.1%
VCYT	Buy	Veracyte Inc.	$1,652,000	+385.9%	72,046	+503.9%	0.90%	+394.5%
MMSI	Buy	Merit Medical Systems Inc.	$1,502,000	-63.5%	72,737	+5.2%	0.82%	-62.9%
WIFI	Sell	Boingo Wireless Inc.	$1,354,000	-56.9%	142,935	-18.2%	0.74%	-56.0%
CRAI	Buy	CRA International Inc.	$1,286,000	+61.6%	26,121	+25.8%	0.70%	+64.7%
DY	Sell	Dycom Industries	$1,204,000	-51.4%	26,410	-37.2%	0.66%	-50.4%
QNST	Buy	Quinstreet, Inc.	$834,000	-15.2%	65,001	+4.7%	0.46%	-13.6%
CHUY	Buy	Chuy's Holdings	$819,000	+7.1%	33,610	+0.8%	0.45%	+9.2%
UPLD	Buy	Upland Software Inc.	$816,000	-16.8%	21,772	+1.1%	0.45%	-15.3%
CSV	Buy	Carriage Services Inc.	$803,000	+37.7%	31,180	+1.7%	0.44%	+40.1%
NMIH	Buy	NMI Holdings Inc.	$764,000	+42.5%	26,111	+38.3%	0.42%	+45.5%
GLDD	Sell	Great Lakes Dredge & Dock Co.	$764,000	-26.5%	71,104	-24.5%	0.42%	-25.0%
KRNT	Buy	Kornit Digital LTD	$755,000	+23.2%	22,224	+14.8%	0.41%	+25.5%
MDLA	New	Medallia Inc.	$720,000	–	24,750	–	0.39%	–
CARB	New	Carbonite Inc.	$696,000	–	40,553	–	0.38%	–
SYX	Buy	Systemax Inc.	$649,000	+3.3%	30,010	+5.9%	0.36%	+5.3%
HCKT	Buy	Hackett Group	$647,000	+2.4%	38,281	+1.7%	0.35%	+4.1%
ASPU	Buy	Aspen Group	$625,000	+81.2%	100,015	+10.2%	0.34%	+83.9%
PLYM	New	Plymouth Industrial Reit Inc.	$622,000	–	32,954	–	0.34%	–
AVDR	Buy	Avedro Inc.	$519,000	+20.4%	22,325	+1.7%	0.28%	+22.4%
VPG	Buy	Vishay Precision Group	$509,000	-15.4%	14,941	+0.8%	0.28%	-13.9%
AMOT	Sell	Allied Motion Technologies	$494,000	-27.2%	13,039	-27.2%	0.27%	-25.8%
PZN	Buy	Pzena Investment Management, I	$480,000	-2.6%	57,881	+0.8%	0.26%	-0.8%
RNG	Sell	Ringcentral Inc.	$432,000	+30.1%	2,676	-7.3%	0.24%	+32.4%
EVRI	New	Everi Holdings Inc.	$432,000	–	42,979	–	0.24%	–
PFNX	Sell	Pfenex Inc.	$408,000	-13.0%	44,217	-36.5%	0.22%	-11.1%
CSGP	Buy	CoStar Group, Inc.	$386,000	+17.3%	702	+18.4%	0.21%	+19.2%
BBSI	New	Barrett Business Services Inc	$370,000	–	4,216	–	0.20%	–
ATEC	New	Alphatec Holdings, Inc.	$295,000	–	42,936	–	0.16%	–
PWR	New	Quanta Services Inc.	$279,000	–	6,632	–	0.15%	–
TSM	New	Taiwan Semiconductor ADR	$279,000	–	5,402	–	0.15%	–
LEAF	Sell	Leaf Group	$264,000	-63.9%	88,880	-9.9%	0.14%	-63.1%
AEM	Sell	Agnico-Eagle Mines LTD	$260,000	-2.6%	4,223	-19.0%	0.14%	-1.4%
AMD	New	Advanced Micro Devices, Inc.	$252,000	–	7,426	–	0.14%	–
MSFT	Buy	Microsoft Corp.	$251,000	+8.7%	1,751	+1.7%	0.14%	+11.3%
WPM	Sell	Wheaton Precious Metals Corp.	$251,000	+6.4%	8,946	-8.3%	0.14%	+8.7%
V	Sell	Visa Inc - Class A Shares	$243,000	-10.3%	1,358	-12.9%	0.13%	-8.9%
MA	Sell	Mastercard Inc.	$241,000	-6.9%	872	-10.8%	0.13%	-5.0%
	New	Fireeye Inc.cvbond	$239,000	–	250,000	–	0.13%	–
UBA	New	Urstadt Biddle Properties	$230,000	–	9,440	–	0.13%	–
GPX	Buy	GP Strategies Corp	$219,000	-25.0%	19,718	+1.7%	0.12%	-23.6%
XPO	New	XPO Logistics Inc.	$218,000	–	2,857	–	0.12%	–
ONTO	New	Onto Innovation Inc.	$216,000	–	6,698	–	0.12%	–
BLFS	New	Biolife Solutions INC	$215,000	–	12,662	–	0.12%	–
	New	Boingo Wirelesscvbond	$212,000	–	250,000	–	0.12%	–
KRUS	New	Kura Sushi USA, Inc.	$186,000	–	10,068	–	0.10%	–
COHU	New	Cohu Inc.	$185,000	–	11,102	–	0.10%	–
ALDX	Buy	Aldeyra Therapeutics Inc.	$140,000	-5.4%	25,118	+1.7%	0.08%	-3.8%
APEN	Buy	Apollo Endosurgery Inc.	$130,000	-1.5%	42,207	+3.6%	0.07%	0.0%
OPTN	New	OptiNose	$124,000	–	15,894	–	0.07%	–
VRAY	Buy	ViewRay, Inc.	$112,000	-50.2%	43,092	+68.6%	0.06%	-49.6%
XENE	Sell	Xenon Pharmaceuticals INC	$111,000	-56.0%	12,980	-49.3%	0.06%	-55.1%
CEMI	New	Chembio Diagnostics INC	$103,000	–	19,345	–	0.06%	–
CDE	New	Coeur Mining INC	$99,000	–	17,955	–	0.05%	–
IWO	Exit	ISHARES RUSSELL 2000 GRWTH ETF	$0	–	-327	–	-0.04%	–
CSSE	Exit	Chicken Soup for the Soul Ente	$0	–	-11,902	–	-0.05%	–
SKIS	Exit	Peak Resorts Inc	$0	–	-30,000	–	-0.08%	–
AGI	Exit	Alamos Gold, Inc.	$0	–	-26,320	–	-0.09%	–
GOLD	Exit	Barrick Gold Corp	$0	–	-10,093	–	-0.09%	–
CSLT	Exit	Castlight Health INC	$0	–	-60,984	–	-0.11%	–
KL	Exit	Kirkland Lake Gold	$0	–	-4,814	–	-0.11%	–
HBIO	Exit	Harvard Biosciences INC	$0	–	-102,829	–	-0.11%	–
	Exit	Boingo Wirelesscvbond	$0	–	-250,000	–	-0.12%	–
	Exit	Scorpio Tankers Inc.cvbond	$0	–	-250,000	–	-0.13%	–
UNTCQ	Exit	Unit Corporation	$0	–	-30,854	–	-0.15%	–
	Exit	PROS Holding, Inc.cvbond	$0	–	-250,000	–	-0.18%	–
TYPE	Exit	Monotype Imaging Holdings Inc.	$0	–	-22,116	–	-0.20%	–
IIN	Exit	Intricon Corp	$0	–	-22,046	–	-0.28%	–
TA	Exit	TravelCenters of America LLC	$0	–	-152,601	–	-0.30%	–
RGEN	Exit	Repligen Corp.	$0	–	-6,820	–	-0.32%	–
CRZO	Exit	Carrizo Oil & Gas Inc.	$0	–	-110,211	–	-0.59%	–
IART	Exit	Integra Life Sciences	$0	–	-22,097	–	-0.66%	–
GDOT	Exit	Green Dot Corporation	$0	–	-35,851	–	-0.94%	–
BEAT	Exit	BioTelemetry Inc.	$0	–	-49,987	–	-1.30%	–
STRA	Exit	Strategic Education Inc.	$0	–	-35,065	–	-3.36%	–
WAGE	Exit	WageWorks, Inc.	$0	–	-124,647	–	-3.40%	–

Q2 2019

			Value		Shares		↓ Weighting
CSII	New	Cardiovascular Systems Inc.	$6,886,000	–	160,405	–	3.70%	–
WAGE	New	WageWorks, Inc.	$6,331,000	–	124,647	–	3.40%	–
STRA	New	Strategic Education Inc.	$6,241,000	–	35,065	–	3.36%	–
ERI	New	Eldorado Resorts, Inc.	$6,229,000	–	135,207	–	3.35%	–
FEYE	New	FireEye Inc.	$6,136,000	–	414,327	–	3.30%	–
JACK	New	Jack In The Box Inc.	$5,741,000	–	70,545	–	3.09%	–
ICFI	New	ICF International	$5,386,000	–	73,982	–	2.90%	–
RCM	New	R1 RCM Inc.	$5,358,000	–	425,869	–	2.88%	–
FTAI	New	Fortress Transportation & Infr	$5,296,000	–	350,682	–	2.85%	–
VG	New	Vonage Holdings Corp.	$5,010,000	–	442,198	–	2.70%	–
PFPT	New	Proofpoint, Inc.	$4,948,000	–	41,146	–	2.66%	–
NEO	New	Neogenomics, Inc.	$4,791,000	–	218,343	–	2.58%	–
BCO	New	Brink's Co.	$4,556,000	–	56,123	–	2.45%	–
MTZ	New	MasTec, Inc.	$4,465,000	–	86,640	–	2.40%	–
PRFT	New	Perficient Inc.	$4,386,000	–	127,814	–	2.36%	–
MMSI	New	Merit Medical Systems Inc.	$4,120,000	–	69,169	–	2.22%	–
WSC	New	WillScot Corp.	$3,874,000	–	257,560	–	2.08%	–
OMCL	New	Omnicell, Inc.	$3,851,000	–	44,765	–	2.07%	–
AGS	New	PlayAGS,Inc.	$3,829,000	–	196,862	–	2.06%	–
SWCH	New	Switch Inc	$3,652,000	–	278,995	–	1.96%	–
FIVN	New	Five9	$3,589,000	–	69,972	–	1.93%	–
LGND	New	Ligand Pharmaceuticals Inc.	$3,554,000	–	31,132	–	1.91%	–
SPNE	New	SeaSpine Holdings Corp.	$3,389,000	–	255,764	–	1.82%	–
WTFC	New	Wintrust Financial Corporation	$3,158,000	–	43,154	–	1.70%	–
BOX	New	Box, Inc.	$3,141,000	–	178,353	–	1.69%	–
WIFI	New	Boingo Wireless Inc.	$3,139,000	–	174,670	–	1.69%	–
MPW	New	Medical Properties Trust Inc.	$3,123,000	–	179,090	–	1.68%	–
CONN	New	Conns Inc.	$3,118,000	–	174,978	–	1.68%	–
CSOD	New	Cornerstone OnDemand	$3,092,000	–	53,362	–	1.66%	–
MMS	New	Maximus, Inc.	$2,506,000	–	34,543	–	1.35%	–
DY	New	Dycom Industries	$2,475,000	–	42,028	–	1.33%	–
ASGN	New	ASGN Inc.	$2,436,000	–	40,199	–	1.31%	–
EVBG	New	Everbridge Inc.	$2,434,000	–	27,220	–	1.31%	–
BEAT	New	BioTelemetry Inc.	$2,407,000	–	49,987	–	1.30%	–
APOG	New	Apogee Enterprises, Inc.	$2,399,000	–	55,233	–	1.29%	–
IIVI	New	IIVI Inc.	$2,396,000	–	65,530	–	1.29%	–
HOMB	New	Home Bancshares INC	$2,344,000	–	121,746	–	1.26%	–
BV	New	BrightView Holdings Inc.	$2,330,000	–	124,503	–	1.25%	–
SAIA	New	Saia Inc.	$2,063,000	–	31,903	–	1.11%	–
GDOT	New	Green Dot Corporation	$1,753,000	–	35,851	–	0.94%	–
LLNW	New	Limelight Networks Inc	$1,738,000	–	643,568	–	0.94%	–
WTS	New	Watts Water Technologies-A	$1,693,000	–	18,166	–	0.91%	–
CAMP	New	CalAmp Corp.	$1,537,000	–	131,615	–	0.83%	–
IART	New	Integra Life Sciences	$1,234,000	–	22,097	–	0.66%	–
CRZO	New	Carrizo Oil & Gas Inc.	$1,104,000	–	110,211	–	0.59%	–
GLDD	New	Great Lakes Dredge & Dock Co.	$1,040,000	–	94,174	–	0.56%	–
QNST	New	Quinstreet, Inc.	$984,000	–	62,061	–	0.53%	–
UPLD	New	Upland Software Inc.	$981,000	–	21,536	–	0.53%	–
CRAI	New	CRA International Inc.	$796,000	–	20,770	–	0.43%	–
CHUY	New	Chuy's Holdings	$765,000	–	33,359	–	0.41%	–
LEAF	New	Leaf Group	$731,000	–	98,634	–	0.39%	–
AMOT	New	Allied Motion Technologies	$679,000	–	17,905	–	0.36%	–
HCKT	New	Hackett Group	$632,000	–	37,637	–	0.34%	–
SYX	New	Systemax INC	$628,000	–	28,350	–	0.34%	–
KRNT	New	Kornit Digital LTD	$613,000	–	19,360	–	0.33%	–
VPG	New	Vishay Precision Group	$602,000	–	14,827	–	0.32%	–
RGEN	New	Repligen Corp.	$586,000	–	6,820	–	0.32%	–
CSV	New	Carriage Services Inc.	$583,000	–	30,661	–	0.31%	–
TA	New	TravelCenters of America LLC	$552,000	–	152,601	–	0.30%	–
NMIH	New	NMI Holdings Inc.	$536,000	–	18,885	–	0.29%	–
IIN	New	Intricon Corp	$515,000	–	22,046	–	0.28%	–
PZN	New	Pzena Investment Management, I	$493,000	–	57,443	–	0.26%	–
	New	Calamp Corp.cvbond	$487,000	–	500,000	–	0.26%	–
PFNX	New	Pfenex Inc.	$469,000	–	69,644	–	0.25%	–
AATRL	New	AMG Capitalcvpfd	$435,000	–	9,000	–	0.23%	–
AVDR	New	Avedro Inc.	$431,000	–	21,954	–	0.23%	–
NYCBPRU	New	NY Community Cap Trust Vcvpfd	$431,000	–	9,000	–	0.23%	–
TANNL	New	TravelCenters of Americaprd	$381,000	–	15,000	–	0.20%	–
TYPE	New	Monotype Imaging Holdings Inc.	$372,000	–	22,116	–	0.20%	–
ASPU	New	Aspen Group	$345,000	–	90,754	–	0.19%	–
	New	PROS Holding, Inc.cvbond	$343,000	–	250,000	–	0.18%	–
VCYT	New	Veracyte Inc.	$340,000	–	11,930	–	0.18%	–
RNG	New	Ringcentral Inc.	$332,000	–	2,886	–	0.18%	–
CSGP	New	CoStar Group, Inc.	$329,000	–	593	–	0.18%	–
GPX	New	GP Strategies Corp	$292,000	–	19,391	–	0.16%	–
UNTCQ	New	Unit Corporation	$274,000	–	30,854	–	0.15%	–
V	New	Visa Inc - Class A Shares	$271,000	–	1,560	–	0.15%	–
AEM	New	Agnico-Eagle Mines LTD	$267,000	–	5,216	–	0.14%	–
	New	Scorpio Tankers Inccvbond	$260,000	–	250,000	–	0.14%	–
MA	New	Mastercard Inc.	$259,000	–	978	–	0.14%	–
APOPRA	New	Apollo Management LLCprd	$256,000	–	10,000	–	0.14%	–
XENE	New	Xenon Pharmaceuticals INC	$252,000	–	25,608	–	0.14%	–
SJB	New	Proshares Short High Yield	$252,000	–	11,753	–	0.14%	–
	New	Scorpio Tankers Inc.cvbond	$250,000	–	250,000	–	0.13%	–
WPM	New	Wheaton Precious Metals Corp.	$236,000	–	9,761	–	0.13%	–
	New	Encore Capital Group Inc.cvbond	$236,000	–	250,000	–	0.13%	–
MSFT	New	Microsoft Corp.	$231,000	–	1,721	–	0.12%	–
VRAY	New	ViewRay, Inc.	$225,000	–	25,556	–	0.12%	–
AMHPRE	New	American Homes 4 Rentprd	$216,000	–	8,000	–	0.12%	–
TRTN	New	Triton International Ltd	$214,000	–	6,540	–	0.12%	–
	New	Boingo Wirelesscvbond	$214,000	–	250,000	–	0.12%	–
WTFCM	New	Wintrust Financial Groupprd	$211,000	–	7,500	–	0.11%	–
HBIO	New	Harvard Biosciences INC	$206,000	–	102,829	–	0.11%	–
KL	New	Kirkland Lake Gold	$207,000	–	4,814	–	0.11%	–
CSLT	New	Castlight Health INC	$197,000	–	60,984	–	0.11%	–
	New	PROS Holding, Inc.cvbond	$187,000	–	100,000	–	0.10%	–
GOLD	New	Barrick Gold Corp	$159,000	–	10,093	–	0.09%	–
AGI	New	Alamos Gold, Inc.	$159,000	–	26,320	–	0.09%	–
	New	Horizon Global Corp.cvbond	$152,000	–	250,000	–	0.08%	–
ALDX	New	Aldeyra Therapeutics Inc.	$148,000	–	24,701	–	0.08%	–
SKIS	New	Peak Resorts Inc	$142,000	–	30,000	–	0.08%	–
APEN	New	Apollo Endosurgery Inc.	$132,000	–	40,749	–	0.07%	–
CSSE	New	Chicken Soup for the Soul Ente	$89,000	–	11,902	–	0.05%	–
IWO	New	ISHARES RUSSELL 2000 GRWTH ETF	$66,000	–	327	–	0.04%	–
	New	Petroquest Energy Inc.	$11,000	–	11,910	–	0.01%	–

Q4 2018

			Value		Shares		↓ Weighting
PTQEP	Exit	PetroQuest Energycvpfd	$0	–	-10,000	–	0.00%	–
	Exit	PROS Holding, Inc.cvbond	$0	–	-100,000	–	-0.02%	–
SKIS	Exit	Peak Resorts Inc	$0	–	-30,000	–	-0.03%	–
IPOA	Exit	Social Capital Hedosophia HO	$0	–	-15,411	–	-0.03%	–
	Exit	Horizon Global Corp.cvbond	$0	–	-250,000	–	-0.04%	–
CSLT	Exit	Castlight Health INC	$0	–	-71,276	–	-0.04%	–
CLSD	Exit	Clearside Biomedical INC	$0	–	-31,208	–	-0.04%	–
UBA	Exit	Urstadt Biddle Properties	$0	–	-9,440	–	-0.04%	–
ESIO	Exit	Electro Scientific Inds., Inc.	$0	–	-11,391	–	-0.04%	–
TRTN	Exit	Triton International Ltd	$0	–	-6,540	–	-0.05%	–
	Exit	Encore Capital Group Inc.cvbond	$0	–	-250,000	–	-0.05%	–
V	Exit	Visa Inc - Class A Shares	$0	–	-1,560	–	-0.05%	–
VRNS	Exit	Varonis Systems Inc.	$0	–	-3,294	–	-0.05%	–
	Exit	Scorpio Tankers Inc.cvbond	$0	–	-250,000	–	-0.05%	–
FLIR	Exit	Flir Systems	$0	–	-3,933	–	-0.05%	–
	Exit	PROS Holding, Inc.cvbond	$0	–	-250,000	–	-0.05%	–
GHM	Exit	Graham Corp	$0	–	-8,525	–	-0.05%	–
DVAX	Exit	Dynavax Technology	$0	–	-20,023	–	-0.05%	–
APOPRA	Exit	Apollo Management LLCprd	$0	–	-10,000	–	-0.05%	–
MA	Exit	Mastercard Inc.	$0	–	-1,148	–	-0.06%	–
	Exit	AMAG Pharmaceuticals Inc.cvbond	$0	–	-250,000	–	-0.06%	–
SJB	Exit	Proshares Short High Yield	$0	–	-11,753	–	-0.06%	–
PETQ	Exit	Petiq	$0	–	-6,934	–	-0.06%	–
ACRS	Exit	Aclaris Therapeutics Inc.	$0	–	-18,965	–	-0.06%	–
RNG	Exit	Ringcentral Inc.	$0	–	-3,523	–	-0.07%	–
NERV	Exit	Minerva Neurosciences INC	$0	–	-27,933	–	-0.08%	–
NEOS	Exit	NEOS Therapeutic	$0	–	-72,201	–	-0.08%	–
GPX	Exit	GP Strategies Corp	$0	–	-22,668	–	-0.08%	–
ALDX	Exit	Aldeyra Therapeutics Inc.	$0	–	-28,772	–	-0.08%	–
PFNX	Exit	Pfenex Inc.	$0	–	-77,615	–	-0.08%	–
HCKT	Exit	Hackett Group	$0	–	-21,524	–	-0.09%	–
NYCBPRU	Exit	NY Community Cap Trust Vcvpfd	$0	–	-10,000	–	-0.11%	–
TANNL	Exit	TravelCenters of Americaprd	$0	–	-20,000	–	-0.11%	–
	Exit	Calamp Corp.cvbond	$0	–	-500,000	–	-0.11%	–
TPC	Exit	Tutor Perini Corp.	$0	–	-28,385	–	-0.12%	–
APEN	Exit	Apollo Endosurgery Inc.	$0	–	-76,760	–	-0.12%	–
ASPU	Exit	Aspen Group	$0	–	-82,767	–	-0.12%	–
AATRL	Exit	AMG Capitalcvpfd	$0	–	-10,000	–	-0.12%	–
VRAY	Exit	ViewRay, Inc.	$0	–	-62,427	–	-0.12%	–
KTWO	Exit	K2M group Holidings INC	$0	–	-22,868	–	-0.13%	–
NX	Exit	Quanex Building Solutions	$0	–	-34,788	–	-0.14%	–
RGEN	Exit	Repligen Corp.	$0	–	-12,266	–	-0.15%	–
VPG	Exit	Vishay Precision Group	$0	–	-18,449	–	-0.15%	–
CHUY	Exit	Chuy's Holdings	$0	–	-26,485	–	-0.15%	–
GLDD	Exit	Great Lakes Dredge & Dock Co	$0	–	-112,856	–	-0.15%	–
ATRS	Exit	Antares Pharma Inc	$0	–	-207,447	–	-0.15%	–
PZN	Exit	Pzena Investment Management	$0	–	-80,943	–	-0.17%	–
CSV	Exit	Carriage Services Inc.	$0	–	-35,808	–	-0.17%	–
NR	Exit	Newpark Resources Inc.	$0	–	-77,950	–	-0.17%	–
NMIH	Exit	NMI Holdings Inc.	$0	–	-39,641	–	-0.19%	–
CSII	Exit	Cardiovascular Systems Inc.	$0	–	-23,112	–	-0.19%	–
DHIL	Exit	Diamond Hill Investment Group	$0	–	-5,800	–	-0.21%	–
TA	Exit	TravelCenters of America LLC	$0	–	-177,832	–	-0.22%	–
KRNT	Exit	Kornit Digital LTD	$0	–	-49,210	–	-0.23%	–
LEAF	Exit	Leaf Group	$0	–	-110,034	–	-0.24%	–
SPNE	Exit	SeaSpine Holdings Corp.	$0	–	-71,320	–	-0.24%	–
UNTCQ	Exit	Unit Corporation	$0	–	-43,683	–	-0.24%	–
CRAI	Exit	CRA International Inc.	$0	–	-23,359	–	-0.25%	–
CARB	Exit	Carbonite Inc.	$0	–	-35,416	–	-0.27%	–
QTNA	Exit	Quantenna Communications Inc.	$0	–	-77,049	–	-0.30%	–
VKTX	Exit	Viking Therapeutics, Inc.	$0	–	-208,815	–	-0.78%	–
CJ	Exit	C&J Energy Services Inc.	$0	–	-179,623	–	-0.80%	–
ACXM	Exit	Acxiom Holdings, Inc.	$0	–	-88,681	–	-0.94%	–
HIIQ	Exit	Health Insurance Innovation	$0	–	-75,833	–	-1.00%	–
GVA	Exit	Granite Construction	$0	–	-104,858	–	-1.03%	–
RTRX	Exit	Retrophin I	$0	–	-169,524	–	-1.05%	–
SAIA	Exit	Saia Inc.	$0	–	-65,267	–	-1.07%	–
SWCH	Exit	Switch Inc	$0	–	-481,519	–	-1.12%	–
DY	Exit	Dycom Industries	$0	–	-63,474	–	-1.15%	–
MMS	Exit	Maximus, Inc.	$0	–	-84,055	–	-1.18%	–
NVTRQ	Exit	Nuvectra Corp.	$0	–	-256,418	–	-1.21%	–
YRCW	Exit	YRC Worldwide Inc.	$0	–	-657,921	–	-1.27%	–
TWNK	Exit	Hostess Brands Inc	$0	–	-542,363	–	-1.29%	–
ACHC	Exit	Acadia Healthcare Co Inc.	$0	–	-171,702	–	-1.30%	–
ASGN	Exit	ASGN Inc.	$0	–	-76,618	–	-1.30%	–
WTS	Exit	Watts Water Technologies-A	$0	–	-76,691	–	-1.37%	–
HOMB	Exit	Home Bancshares INC	$0	–	-296,373	–	-1.39%	–
AMAG	Exit	AMAG Pharmaceuticals Inc.	$0	–	-330,819	–	-1.42%	–
CRZO	Exit	Carrizo Oil & Gas Inc.	$0	–	-269,407	–	-1.46%	–
LLNW	Exit	Limelight Networks Inc	$0	–	-1,382,284	–	-1.49%	–
DECK	Exit	Deckers Outdoor Corp.	$0	–	-59,991	–	-1.53%	–
APOG	Exit	Apogee Enterprises, Inc.	$0	–	-175,175	–	-1.56%	–
WTFC	Exit	Wintrust Financial Corporation	$0	–	-89,567	–	-1.63%	–
BCO	Exit	Brink's CO	$0	–	-118,830	–	-1.78%	–
MPW	Exit	Medical Properties Trust Inc.	$0	–	-567,519	–	-1.82%	–
BOX	Exit	Box Inc - Class A	$0	–	-354,184	–	-1.82%	–
WSC	Exit	WillScot Corp.	$0	–	-495,872	–	-1.83%	–
PRFT	Exit	Perficient Inc.	$0	–	-329,013	–	-1.88%	–
MTZ	Exit	MasTec, Inc.	$0	–	-198,888	–	-1.91%	–
FIVN	Exit	Five9	$0	–	-204,304	–	-1.92%	–
CENTA	Exit	Central Garden and Pet CO-A	$0	–	-281,296	–	-2.00%	–
SUPN	Exit	Supernus Phamaceutical Inc	$0	–	-188,341	–	-2.04%	–
CAMP	Exit	Calamp Corp.	$0	–	-411,034	–	-2.12%	–
CSOD	Exit	Cornerstone OnDemand	$0	–	-175,036	–	-2.13%	–
WAGE	Exit	WageWorks, Inc.	$0	–	-239,284	–	-2.20%	–
NEO	Exit	Neogenomics, Inc.	$0	–	-666,973	–	-2.20%	–
VG	Exit	Vonage Holdings Corp.	$0	–	-752,129	–	-2.29%	–
STRA	Exit	Strategic Education Inc.	$0	–	-80,854	–	-2.38%	–
AGS	Exit	PlayAGS,Inc.	$0	–	-386,054	–	-2.44%	–
LGND	Exit	Ligand Pharmaceuticals Inc.	$0	–	-43,933	–	-2.59%	–
CONN	Exit	Conns Inc.	$0	–	-352,871	–	-2.68%	–
BEAT	Exit	BioTelemetry Inc.	$0	–	-196,885	–	-2.72%	–
WIFI	Exit	Boingo Wireless Inc.	$0	–	-372,751	–	-2.79%	–
PFPT	Exit	Proofpoint, Inc.	$0	–	-122,993	–	-2.81%	–
OMCL	Exit	Omnicell, Inc.	$0	–	-183,699	–	-2.84%	–
IART	Exit	Integra Life Sciences	$0	–	-200,975	–	-2.84%	–
FTAI	Exit	Fortress Transportation & Infr	$0	–	-753,164	–	-2.94%	–
JACK	Exit	Jack In The Box Inc.	$0	–	-166,472	–	-3.00%	–
ERI	Exit	Eldorado Resorts, Inc.	$0	–	-313,150	–	-3.27%	–
FEYE	Exit	FireEye Inc.	$0	–	-1,024,722	–	-3.74%	–

Q3 2018

			Value		Shares		↓ Weighting
FEYE	Sell	FireEye Inc.	$17,420,000	+1.9%	1,024,722	-7.7%	3.74%	+11.4%
ERI	Buy	Eldorado Resorts, Inc.	$15,219,000	+33.1%	313,150	+7.1%	3.27%	+45.6%
JACK	Buy	Jack In The Box Inc.	$13,955,000	+3.3%	166,472	+4.9%	3.00%	+12.9%
FTAI	Sell	Fortress Transportation & Infr	$13,693,000	-10.0%	753,164	-10.6%	2.94%	-1.6%
IART	Buy	Integra Life Sciences	$13,238,000	+36.6%	200,975	+33.6%	2.84%	+49.4%
OMCL	Sell	Omnicell, Inc.	$13,208,000	+12.0%	183,699	-18.3%	2.84%	+22.5%
PFPT	Buy	Proofpoint, Inc.	$13,078,000	+10.0%	122,993	+19.3%	2.81%	+20.3%
WIFI	Sell	Boingo Wireless Inc.	$13,009,000	+23.9%	372,751	-19.8%	2.79%	+35.6%
BEAT	Sell	BioTelemetry Inc.	$12,689,000	+20.5%	196,885	-15.9%	2.72%	+31.8%
CONN	Sell	Conns Inc.	$12,474,000	-5.1%	352,871	-11.4%	2.68%	+3.8%
LGND	Sell	Ligand Pharmaceuticals Inc.	$12,059,000	+2.6%	43,933	-22.6%	2.59%	+12.2%
AGS	Sell	PlayAGS,Inc.	$11,377,000	+8.1%	386,054	-0.7%	2.44%	+18.2%
STRA	New	Strategic Education Inc.	$11,079,000	–	80,854	–	2.38%	–
VG	Buy	Vonage Holdings Corp.	$10,650,000	+83.3%	752,129	+66.9%	2.29%	+100.4%
NEO	Sell	Neogenomics, Inc.	$10,238,000	-31.2%	666,973	-41.3%	2.20%	-24.8%
WAGE	Sell	WageWorks, Inc.	$10,229,000	-23.0%	239,284	-9.9%	2.20%	-15.8%
CSOD	Sell	Cornerstone OnDemand	$9,933,000	+10.4%	175,036	-7.8%	2.13%	+20.6%
CAMP	Sell	Calamp Corp.	$9,848,000	-6.3%	411,034	-8.3%	2.12%	+2.5%
SUPN	Buy	Supernus Phamaceutical Inc	$9,483,000	+110.3%	188,341	+149.9%	2.04%	+129.9%
CENTA	Sell	Central Garden and Pet CO-A	$9,322,000	-24.6%	281,296	-7.9%	2.00%	-17.5%
FIVN	Sell	Five9	$8,926,000	-32.1%	204,304	-46.3%	1.92%	-25.8%
MTZ	Buy	MasTec, Inc.	$8,880,000	-5.2%	198,888	+7.7%	1.91%	+3.6%
PRFT	Sell	Perficient Inc.	$8,768,000	-6.8%	329,013	-7.7%	1.88%	+2.0%
WSC	New	WillScot Corp.	$8,504,000	–	495,872	–	1.83%	–
BOX	Buy	Box Inc - Class A	$8,469,000	+8.6%	354,184	+13.6%	1.82%	+18.8%
MPW	Sell	Medical Properties Trust Inc.	$8,462,000	-17.7%	567,519	-22.5%	1.82%	-10.0%
BCO	Sell	Brink's CO	$8,288,000	-19.4%	118,830	-7.9%	1.78%	-11.8%
WTFC	Sell	Wintrust Financial Corporation	$7,608,000	-10.1%	89,567	-7.9%	1.63%	-1.7%
APOG	Sell	Apogee Enterprises, Inc.	$7,238,000	-21.0%	175,175	-7.9%	1.56%	-13.5%
DECK	Sell	Deckers Outdoor Corp.	$7,114,000	-3.2%	59,991	-7.9%	1.53%	+5.8%
LLNW	New	Limelight Networks Inc	$6,939,000	–	1,382,284	–	1.49%	–
CRZO	Buy	Carrizo Oil & Gas Inc.	$6,789,000	-2.8%	269,407	+7.5%	1.46%	+6.3%
AMAG	Sell	AMAG Pharmaceuticals Inc.	$6,616,000	-56.9%	330,819	-58.0%	1.42%	-52.8%
HOMB	Sell	Home Bancshares INC	$6,491,000	-10.6%	296,373	-7.9%	1.39%	-2.2%
WTS	Sell	Watts Water Technologies-A	$6,365,000	-2.5%	76,691	-7.9%	1.37%	+6.7%
ASGN	Sell	ASGN Inc.	$6,047,000	-27.9%	76,618	-28.6%	1.30%	-21.1%
ACHC	Sell	Acadia Healthcare Co Inc.	$6,044,000	-20.7%	171,702	-7.9%	1.30%	-13.3%
TWNK	Sell	Hostess Brands Inc	$6,004,000	-46.8%	542,363	-34.7%	1.29%	-41.9%
YRCW	Sell	YRC Worldwide Inc.	$5,908,000	-17.5%	657,921	-7.6%	1.27%	-9.7%
NVTRQ	Buy	Nuvectra Corp.	$5,636,000	+465.3%	256,418	+427.9%	1.21%	+517.3%
MMS	Sell	Maximus, Inc.	$5,469,000	-3.5%	84,055	-7.9%	1.18%	+5.6%
DY	Buy	Dycom Industries	$5,370,000	+7.1%	63,474	+19.7%	1.15%	+17.2%
SWCH	Sell	Switch Inc	$5,200,000	-18.3%	481,519	-7.9%	1.12%	-10.6%
SAIA	Buy	Saia Inc.	$4,990,000	+14.8%	65,267	+21.4%	1.07%	+25.7%
RTRX	Buy	Retrophin I	$4,870,000	+30.0%	169,524	+23.4%	1.05%	+42.3%
GVA	Sell	Granite Construction	$4,792,000	-24.4%	104,858	-7.9%	1.03%	-17.3%
HIIQ	Buy	Health Insurance Innovation	$4,675,000	+811.3%	75,833	+378.2%	1.00%	+894.1%
ACXM	Sell	Acxiom Holdings, Inc.	$4,382,000	-57.9%	88,681	-74.5%	0.94%	-54.0%
CJ	Sell	C&J Energy Services Inc.	$3,736,000	-18.8%	179,623	-7.9%	0.80%	-11.2%
VKTX	Buy	Viking Therapeutics, Inc.	$3,638,000	+2159.6%	208,815	+1133.8%	0.78%	+2340.6%
QTNA	Buy	Quantenna Communications Inc.	$1,422,000	+60.5%	77,049	+35.1%	0.30%	+75.3%
CARB	Sell	Carbonite Inc.	$1,263,000	-5.3%	35,416	-7.4%	0.27%	+3.4%
CRAI	Sell	CRA International Inc.	$1,173,000	-3.1%	23,359	-1.9%	0.25%	+5.9%
UNTCQ	Sell	Unit Corporation	$1,138,000	-19.0%	43,683	-20.6%	0.24%	-11.6%
SPNE	Sell	SeaSpine Holdings Corp.	$1,110,000	+15.0%	71,320	-6.8%	0.24%	+25.9%
LEAF	Buy	Leaf Group	$1,100,000	+17.0%	110,034	+27.0%	0.24%	+27.6%
KRNT	Buy	Kornit Digital LTD	$1,078,000	+67.7%	49,210	+36.2%	0.23%	+84.1%
TA	Sell	TravelCenters of America LLC	$1,014,000	+52.0%	177,832	-6.7%	0.22%	+66.4%
DHIL	Sell	Diamond Hill Investment Group	$959,000	-20.1%	5,800	-6.1%	0.21%	-12.7%
CSII	Buy	Cardiovascular Systems Inc.	$905,000	+133.2%	23,112	+92.8%	0.19%	+155.3%
NMIH	Sell	NMI Holdings Inc.	$898,000	-4.1%	39,641	-30.9%	0.19%	+4.9%
NR	Sell	Newpark Resources Inc.	$807,000	-24.4%	77,950	-20.8%	0.17%	-17.6%
CSV	Sell	Carriage Services Inc.	$772,000	-18.1%	35,808	-6.8%	0.17%	-10.3%
PZN	Sell	Pzena Investment Management	$772,000	-3.5%	80,943	-6.8%	0.17%	+5.7%
ATRS	Sell	Antares Pharma Inc	$697,000	+21.4%	207,447	-6.8%	0.15%	+32.7%
GLDD	Sell	Great Lakes Dredge & Dock Co	$700,000	+10.2%	112,856	-6.8%	0.15%	+20.0%
CHUY	Sell	Chuy's Holdings	$695,000	-20.2%	26,485	-6.7%	0.15%	-12.9%
VPG	Sell	Vishay Precision Group	$690,000	-34.8%	18,449	-33.5%	0.15%	-28.8%
RGEN	Sell	Repligen Corp.	$680,000	+8.8%	12,266	-7.7%	0.15%	+18.7%
NX	Sell	Quanex Building Solutions	$633,000	-5.5%	34,788	-6.8%	0.14%	+3.0%
KTWO	Sell	K2M group Holidings INC	$626,000	-87.1%	22,868	-89.4%	0.13%	-86.0%
VRAY	Sell	ViewRay, Inc.	$584,000	-17.2%	62,427	-38.7%	0.12%	-9.4%
AATRL	Sell	AMG Capitalcvpfd	$574,000	-61.5%	10,000	-60.0%	0.12%	-58.0%
ASPU	Buy	Aspen Group	$563,000	+49.3%	82,767	+64.1%	0.12%	+63.5%
APEN	Sell	Apollo Endosurgery Inc.	$550,000	-4.3%	76,760	-6.8%	0.12%	+4.4%
TPC	Buy	Tutor Perini Corp.	$534,000	+13.6%	28,385	+11.3%	0.12%	+25.0%
	Sell	Calamp Corp.cvbond	$525,000	-80.3%	500,000	-80.0%	0.11%	-78.4%
NYCBPRU	Sell	NY Community Cap Trust Vcvpfd	$494,000	-71.7%	10,000	-71.4%	0.11%	-69.1%
TANNL	Sell	TravelCenters of Americaprd	$493,000	-78.4%	20,000	-78.9%	0.11%	-76.3%
HCKT	New	Hackett Group	$434,000	–	21,524	–	0.09%	–
PFNX	Sell	Pfenex Inc.	$397,000	-11.8%	77,615	-6.8%	0.08%	-3.4%
ALDX	Sell	Aldeyra Therapeutics Inc.	$397,000	+47.0%	28,772	-15.3%	0.08%	+60.4%
GPX	Sell	GP Strategies Corp	$382,000	-10.7%	22,668	-6.8%	0.08%	-2.4%
NEOS	Sell	NEOS Therapeutic	$350,000	-83.7%	72,201	-78.9%	0.08%	-82.1%
NERV	Buy	Minerva Neurosciences INC	$351,000	+96.1%	27,933	+28.6%	0.08%	+114.3%
RNG	Sell	Ringcentral Inc.	$328,000	+14.3%	3,523	-13.6%	0.07%	+25.0%
ACRS	Buy	Aclaris Therapeutics Inc.	$275,000	-8.3%	18,965	+26.1%	0.06%	0.0%
PETQ	New	Petiq	$273,000	–	6,934	–	0.06%	–
SJB	Sell	Proshares Short High Yield	$265,000	-83.3%	11,753	-82.8%	0.06%	-81.7%
	Sell	AMAG Pharmaceuticals Inc.cvbond	$262,000	-82.9%	250,000	-83.3%	0.06%	-81.4%
MA	Sell	Mastercard Inc.	$256,000	+5.3%	1,148	-7.1%	0.06%	+14.6%
APOPRA	Sell	Apollo Management LLCprd	$252,000	-83.4%	10,000	-83.3%	0.05%	-81.9%
DVAX	New	Dynavax Technology	$248,000	–	20,023	–	0.05%	–
GHM	Sell	Graham Corp	$240,000	+1.7%	8,525	-6.7%	0.05%	+13.0%
VRNS	Sell	Varonis Systems Inc.	$241,000	-4.0%	3,294	-2.3%	0.05%	+6.1%
	Sell	Scorpio Tankers Inc.cvbond	$240,000	-87.6%	250,000	-87.5%	0.05%	-86.4%
	New	PROS Holding, Inc.cvbond	$243,000	–	250,000	–	0.05%	–
FLIR	New	Flir Systems	$242,000	–	3,933	–	0.05%	–
	Sell	Encore Capital Group Inc.cvbond	$233,000	-87.4%	250,000	-87.5%	0.05%	-86.2%
TRTN	Sell	Triton International Ltd	$218,000	-77.5%	6,540	-79.3%	0.05%	-75.3%
ESIO	New	Electro Scientific Inds., Inc.	$199,000	–	11,391	–	0.04%	–
CSLT	Sell	Castlight Health INC	$192,000	-59.1%	71,276	-35.4%	0.04%	-55.4%
CLSD	Buy	Clearside Biomedical INC	$192,000	+22.3%	31,208	+112.5%	0.04%	+32.3%
	Sell	Horizon Global Corp.cvbond	$186,000	-86.7%	250,000	-87.5%	0.04%	-85.5%
SKIS	Sell	Peak Resorts Inc	$147,000	-76.5%	30,000	-76.0%	0.03%	-74.0%
	Sell	PROS Holding, Inc.cvbond	$115,000	-90.4%	100,000	-90.0%	0.02%	-89.3%
CSSE	Exit	Chicken Soup for the Soul Ente	$0	–	-10,189	–	-0.02%	–
PTEN	Exit	Patterson Energy, Inc.	$0	–	-10,249	–	-0.04%	–
EGHT	Exit	8x8, Inc.	$0	–	-10,500	–	-0.04%	–
SEF	Exit	Proshares Short Financials	$0	–	-10,750	–	-0.05%	–
TBT	Exit	Proshares Ultrashort Barclays	$0	–	-10,000	–	-0.07%	–
GLD	Exit	SPDR Gold Shares	$0	–	-5,200	–	-0.12%	–
MRTN	Exit	Marten Transport LTD	$0	–	-27,295	–	-0.13%	–
COFPRH	Exit	Capital One Financialsprd	$0	–	-25,000	–	-0.13%	–
LHO	Exit	LaSalle Hotel Properties	$0	–	-29,000	–	-0.20%	–
WTFCM	Exit	Wintrust Financial Groupprd	$0	–	-40,000	–	-0.21%	–
AMHPRE	Exit	American Homes 4 Rentprd	$0	–	-50,000	–	-0.25%	–
	Exit	Fireeye Inc.cvbond	$0	–	-1,500,000	–	-0.27%	–
	Exit	PROS Holding, Inc.cvbond	$0	–	-2,000,000	–	-0.39%	–
	Exit	ServiceSource International, Icvbond	$0	–	-2,250,000	–	-0.43%	–
BMCH	Exit	BMC Stock Holdings INC	$0	–	-220,447	–	-0.90%	–
AMN	Exit	AMN Healthcare Services Inc.	$0	–	-110,089	–	-1.27%	–
WLH	Exit	William Lyon Homes	$0	–	-279,024	–	-1.27%	–
USCR	Exit	US Concrete Inc	$0	–	-130,770	–	-1.35%	–

Q2 2018

			Value		Shares		↓ Weighting
FEYE	New	FireEye Inc.	$17,094,000	–	1,110,735	–	3.36%	–
AMAG	New	AMAG Pharmaceuticals Inc.	$15,343,000	–	786,796	–	3.01%	–
FTAI	New	Fortress Transportation & Infr	$15,215,000	–	842,003	–	2.99%	–
NEO	New	Neogenomics, Inc.	$14,889,000	–	1,135,667	–	2.92%	–
JACK	New	Jack In The Box Inc.	$13,513,000	–	158,750	–	2.65%	–
WAGE	New	WageWorks, Inc.	$13,280,000	–	265,593	–	2.61%	–
FIVN	New	Five9	$13,154,000	–	380,516	–	2.58%	–
CONN	New	Conns Inc.	$13,138,000	–	398,133	–	2.58%	–
CENTA	New	Central Garden and Pet CO-A	$12,356,000	–	305,318	–	2.43%	–
PFPT	New	Proofpoint, Inc.	$11,892,000	–	103,132	–	2.34%	–
OMCL	New	Omnicell, Inc.	$11,792,000	–	224,825	–	2.32%	–
LGND	New	Ligand Pharmaceuticals Inc.	$11,756,000	–	56,747	–	2.31%	–
ERI	New	Eldorado Resorts, Inc	$11,432,000	–	292,368	–	2.24%	–
TWNK	New	Hostess Brands Inc	$11,289,000	–	830,057	–	2.22%	–
BEAT	New	BioTelemetry Inc.	$10,530,000	–	233,995	–	2.07%	–
AGS	New	PlayAGS,Inc.	$10,526,000	–	388,829	–	2.07%	–
CAMP	New	Calamp Corp.	$10,505,000	–	448,344	–	2.06%	–
WIFI	New	Boingo Wireless Inc.	$10,497,000	–	464,686	–	2.06%	–
ACXM	New	Acxiom Corp.	$10,412,000	–	347,651	–	2.04%	–
MPW	New	Medical Properties Trust Inc.	$10,286,000	–	732,635	–	2.02%	–
BCO	New	Brink's CO	$10,284,000	–	128,955	–	2.02%	–
IART	New	Integra Life Sciences	$9,689,000	–	150,422	–	1.90%	–
PRFT	New	Perficient Inc.	$9,403,000	–	356,594	–	1.85%	–
MTZ	New	MasTec, Inc.	$9,368,000	–	184,584	–	1.84%	–
APOG	New	Apogee Enterprises, Inc.	$9,158,000	–	190,109	–	1.80%	–
CSOD	New	Cornerstone OnDemand	$9,001,000	–	189,780	–	1.77%	–
WTFC	New	Wintrust Financial Corporation	$8,462,000	–	97,203	–	1.66%	–
ASGN	New	ASGN Inc.	$8,387,000	–	107,259	–	1.65%	–
BOX	New	Box Inc - Class A	$7,795,000	–	311,906	–	1.53%	–
ACHC	New	Acadia Healthcare Co Inc.	$7,624,000	–	186,368	–	1.50%	–
DECK	New	Deckers Outdoor Corp.	$7,352,000	–	65,125	–	1.44%	–
HOMB	New	Home Bancshares INC	$7,257,000	–	321,697	–	1.42%	–
YRCW	New	YRC Worldwide Inc.	$7,157,000	–	712,127	–	1.40%	–
CRZO	New	Carrizo Oil & Gas Inc.	$6,983,000	–	250,719	–	1.37%	–
USCR	New	US Concrete Inc	$6,865,000	–	130,770	–	1.35%	–
WTS	New	Watts Water Technologies-A	$6,526,000	–	83,238	–	1.28%	–
WLH	New	William Lyon Homes	$6,473,000	–	279,024	–	1.27%	–
AMN	New	AMN Healthcare Services Inc.	$6,451,000	–	110,089	–	1.27%	–
SWCH	New	Switch Inc	$6,361,000	–	522,649	–	1.25%	–
GVA	New	Granite Construction	$6,335,000	–	113,817	–	1.24%	–
VG	New	Vonage Holdings Corp.	$5,809,000	–	450,682	–	1.14%	–
MMS	New	Maximus, Inc.	$5,666,000	–	91,222	–	1.11%	–
DY	New	Dycom Industries	$5,013,000	–	53,040	–	0.98%	–
KTWO	New	K2M group Holidings INC	$4,858,000	–	215,917	–	0.95%	–
BMCH	New	BMC Stock Holdings INC	$4,596,000	–	220,447	–	0.90%	–
CJ	New	C&J Energy Services INC	$4,601,000	–	194,965	–	0.90%	–
SUPN	New	Supernus Phamaceutical Inc	$4,510,000	–	75,352	–	0.89%	–
SAIA	New	Saia Inc.	$4,346,000	–	53,751	–	0.85%	–
RTRX	New	Retrophin I	$3,745,000	–	137,376	–	0.74%	–
	New	Calamp Corp.cvbond	$2,664,000	–	2,500,000	–	0.52%	–
TANNL	New	TravelCenters of Americaprd	$2,279,000	–	95,000	–	0.45%	–
	New	ServiceSource International, Icvbond	$2,198,000	–	2,250,000	–	0.43%	–
NEOS	New	NEOS Therapeutic	$2,141,000	–	342,621	–	0.42%	–
	New	PROS Holding, Inc.cvbond	$1,969,000	–	2,000,000	–	0.39%	–
	New	Scorpio Tankers Inc.cvbond	$1,938,000	–	2,000,000	–	0.38%	–
	New	Encore Capital Group Inc.cvbond	$1,845,000	–	2,000,000	–	0.36%	–
NYCBPRU	New	NY Community Cap Trust Vcvpfd	$1,746,000	–	35,000	–	0.34%	–
SJB	New	Proshares Short High Yield	$1,583,000	–	68,260	–	0.31%	–
	New	AMAG Pharmaceuticals Inc.cvbond	$1,531,000	–	1,500,000	–	0.30%	–
APOPRA	New	Apollo Management LLCprd	$1,520,000	–	60,000	–	0.30%	–
AATRL	New	AMG Capitalcvpfd	$1,491,000	–	25,000	–	0.29%	–
UNTCQ	New	Unit Corporation	$1,405,000	–	54,985	–	0.28%	–
	New	Horizon Global Corp.cvbond	$1,398,000	–	2,000,000	–	0.28%	–
	New	Fireeye Inc.cvbond	$1,370,000	–	1,500,000	–	0.27%	–
CARB	New	Carbonite Inc.	$1,334,000	–	38,226	–	0.26%	–
AMHPRE	New	American Homes 4 Rentprd	$1,256,000	–	50,000	–	0.25%	–
CRAI	New	CRA International Inc.	$1,211,000	–	23,804	–	0.24%	–
DHIL	New	Diamond Hill Investment Group,	$1,200,000	–	6,174	–	0.24%	–
	New	PROS Holding, Inc.cvbond	$1,193,000	–	1,000,000	–	0.23%	–
WTFCM	New	Wintrust Financial Groupprd	$1,074,000	–	40,000	–	0.21%	–
NR	New	Newpark Resources Inc.	$1,068,000	–	98,452	–	0.21%	–
VPG	New	Vishay Precision Group	$1,059,000	–	27,749	–	0.21%	–
NVTRQ	New	Nuvectra Corp	$997,000	–	48,571	–	0.20%	–
LHO	New	LaSalle Hotel Properties	$993,000	–	29,000	–	0.20%	–
TRTN	New	Triton International Ltd	$967,000	–	31,540	–	0.19%	–
SPNE	New	SeaSpine Holdings Corp	$965,000	–	76,495	–	0.19%	–
LEAF	New	Leaf Group	$940,000	–	86,645	–	0.18%	–
CSV	New	Carriage Services Inc.	$943,000	–	38,406	–	0.18%	–
NMIH	New	NMI Holdings Inc.	$936,000	–	57,403	–	0.18%	–
QTNA	New	Quantenna Communications Inc	$886,000	–	57,033	–	0.17%	–
CHUY	New	Chuy's Holdings	$871,000	–	28,383	–	0.17%	–
PZN	New	Pzena Investment Management, I	$800,000	–	86,831	–	0.16%	–
VRAY	New	ViewRay, Inc.	$705,000	–	101,913	–	0.14%	–
NX	New	Quanex Building Solutions	$670,000	–	37,311	–	0.13%	–
TA	New	TravelCenters of America LLC	$667,000	–	190,545	–	0.13%	–
COFPRH	New	Capital One Financialsprd	$650,000	–	25,000	–	0.13%	–
KRNT	New	Kornit Digital LTD	$643,000	–	36,133	–	0.13%	–
MRTN	New	Marten Transport LTD	$640,000	–	27,295	–	0.13%	–
GLDD	New	Great Lakes Dredge & Dock Co	$635,000	–	121,046	–	0.12%	–
SKIS	New	Peak Resorts Inc	$625,000	–	125,000	–	0.12%	–
RGEN	New	Repligen Corp.	$625,000	–	13,294	–	0.12%	–
GLD	New	SPDR Gold Shares	$617,000	–	5,200	–	0.12%	–
APEN	New	Apollo Endosurgery Inc.	$575,000	–	82,324	–	0.11%	–
ATRS	New	Antares Pharma Inc	$574,000	–	222,501	–	0.11%	–
HIIQ	New	Health Insurance Innovation	$513,000	–	15,857	–	0.10%	–
TPC	New	Tutor Perini Corp.	$470,000	–	25,500	–	0.09%	–
CSLT	New	Castlight Health INC	$469,000	–	110,315	–	0.09%	–
PFNX	New	Pfenex Inc.	$450,000	–	83,243	–	0.09%	–
GPX	New	GP Strategies Corp	$428,000	–	24,313	–	0.08%	–
CSII	New	Cardiovascular Systems Inc.	$388,000	–	11,986	–	0.08%	–
ASPU	New	Aspen Group	$377,000	–	50,422	–	0.07%	–
TBT	New	Proshares Ultrashort Barclays	$359,000	–	10,000	–	0.07%	–
ACRS	New	Aclaris Therapeutics Inc.	$300,000	–	15,044	–	0.06%	–
RNG	New	Ringcentral Inc.	$287,000	–	4,079	–	0.06%	–
ALDX	New	Aldeyra Therapeutics Inc.	$270,000	–	33,969	–	0.05%	–
SEF	New	Proshares Short Financials	$249,000	–	10,750	–	0.05%	–
VRNS	New	Varonis Systems Inc.	$251,000	–	3,370	–	0.05%	–
MA	New	Mastercard Inc.	$243,000	–	1,236	–	0.05%	–
GHM	New	Graham Corp	$236,000	–	9,142	–	0.05%	–
UBA	New	Urstadt Biddle Properties	$214,000	–	9,440	–	0.04%	–
V	New	Visa Inc - Class A Shares	$207,000	–	1,560	–	0.04%	–
EGHT	New	8x8, Inc.	$211,000	–	10,500	–	0.04%	–
PTEN	New	Patterson Energy, Inc.	$184,000	–	10,249	–	0.04%	–
NERV	New	Minerva Neurosciences INC	$179,000	–	21,724	–	0.04%	–
VKTX	New	Viking Therapeutics, Inc.	$161,000	–	16,924	–	0.03%	–
CLSD	New	Clearside Biomedical INC	$157,000	–	14,687	–	0.03%	–
IPOA	New	Social Capital Hedosophia HO	$155,000	–	15,411	–	0.03%	–
CSSE	New	Chicken Soup for the Soul Ente	$98,000	–	10,189	–	0.02%	–
PTQEP	New	PetroQuest Energycvpfd	$23,000	–	10,000	–	0.01%	–

Q4 2017

			Value		Shares		↓ Weighting
PQUEQ	Exit	PetroQuest Energy Inc.	$0	–	-29,486	–	-0.01%	–
OCLR	Exit	Oclaro Inc.	$0	–	-12,382	–	-0.02%	–
IPOA	Exit	Social Capital Hedosophia HO	$0	–	-10,686	–	-0.02%	–
V	Exit	Visa Inc - Class A Shares	$0	–	-1,836	–	-0.03%	–
WYNN	Exit	Wynn Resorts Ltd	$0	–	-1,398	–	-0.03%	–
UBA	Exit	Urstadt Biddle Properties	$0	–	-9,440	–	-0.03%	–
PWR	Exit	Quanta Services Inc.	$0	–	-5,612	–	-0.03%	–
FB	Exit	Facebook Inc.	$0	–	-1,209	–	-0.03%	–
MU	Exit	Micron Technology Inc.	$0	–	-4,925	–	-0.03%	–
FLIR	Exit	Flir Systems	$0	–	-5,504	–	-0.04%	–
SEF	Exit	Proshares Short Financials	$0	–	-21,500	–	-0.04%	–
CLSD	Exit	Clearside Biomedical INC	$0	–	-44,219	–	-0.05%	–
TBT	Exit	Proshares Ultrashort Barclays	$0	–	-10,000	–	-0.05%	–
RNG	Exit	Ringcentral Inc.	$0	–	-8,862	–	-0.05%	–
AGRX	Exit	Agile Therapeutics	$0	–	-91,011	–	-0.06%	–
ACRS	Exit	Aclaris Therapeutics Inc.	$0	–	-17,791	–	-0.06%	–
APEN	Exit	Apollo Endosurgery INC	$0	–	-119,309	–	-0.07%	–
XNCR	Exit	Xencor INC	$0	–	-27,728	–	-0.08%	–
SKIS	Exit	Peak Resorts Inc	$0	–	-125,000	–	-0.08%	–
HIIQ	Exit	Health Insurance Innovation	$0	–	-27,197	–	-0.08%	–
GLD	Exit	SPDR Gold Shares	$0	–	-5,200	–	-0.09%	–
COFPRH	Exit	Capital One Financialsprd	$0	–	-25,000	–	-0.10%	–
VBIV	Exit	VBI Vaccines Inc.	$0	–	-195,903	–	-0.10%	–
EHTH	Exit	Ehealth INC	$0	–	-30,152	–	-0.11%	–
PTQEP	Exit	PetroQuest Energycvpfd	$0	–	-40,000	–	-0.12%	–
DVAX	Exit	Dynavax Technology	$0	–	-36,870	–	-0.12%	–
EVC	Exit	Entravision	$0	–	-164,567	–	-0.12%	–
MRTN	Exit	Marten Transport LTD	$0	–	-43,603	–	-0.12%	–
LHO	Exit	LaSalle Hotel Properties	$0	–	-31,000	–	-0.13%	–
RGEN	Exit	Repligen Corp.	$0	–	-23,932	–	-0.13%	–
	Exit	Encore Capital Group Inc.cvbond	$0	–	-1,000,000	–	-0.15%	–
SPNE	Exit	SeaSpine Holdings Corp	$0	–	-103,870	–	-0.15%	–
NR	Exit	Newpark Resources Inc.	$0	–	-119,774	–	-0.15%	–
GLDD	Exit	Great Lakes Dredge & Dock Co	$0	–	-216,562	–	-0.16%	–
WTFCM	Exit	Wintrust Financial Groupprd	$0	–	-40,000	–	-0.16%	–
GPX	Exit	GP Strategies Corp	$0	–	-38,914	–	-0.16%	–
VRAY	Exit	Viewray inc	$0	–	-169,108	–	-0.17%	–
NEOS	Exit	NEOS Therapeutic	$0	–	-115,869	–	-0.18%	–
NX	Exit	Quanex Building Solutions	$0	–	-55,570	–	-0.18%	–
TRTN	Exit	Triton International Ltd	$0	–	-31,540	–	-0.18%	–
AMHPRE	Exit	American Homes 4 Rentprd	$0	–	-50,000	–	-0.19%	–
	Exit	Fireeye Inc.cvbond	$0	–	-1,500,000	–	-0.20%	–
PZN	Exit	Pzena Investment Management, I	$0	–	-120,083	–	-0.21%	–
CCRN	Exit	Cross Country Healthcare Inc	$0	–	-107,290	–	-0.21%	–
AATRL	Exit	AMG Capitalcvpfd	$0	–	-25,000	–	-0.22%	–
EXAC	Exit	ExacTech Inc.	$0	–	-36,852	–	-0.22%	–
APOPRA	Exit	Apollo Management LLCprd	$0	–	-60,000	–	-0.23%	–
SJB	Exit	Proshares Short High Yield	$0	–	-68,260	–	-0.23%	–
TPC	Exit	Tutor Perini Corp.	$0	–	-57,141	–	-0.23%	–
TA	Exit	TravelCenters of America LLC	$0	–	-340,832	–	-0.24%	–
	Exit	PROS Holding, Inc.cvbond	$0	–	-2,000,000	–	-0.25%	–
UNTCQ	Exit	Unit Corp.	$0	–	-93,336	–	-0.25%	–
XBI	Exit	SPDR S&P 500 Biotech	$0	–	-21,070	–	-0.26%	–
NYCBPRU	Exit	NY Community Cap Trust Vcvpfd	$0	–	-35,000	–	-0.26%	–
CSV	Exit	Carriage Services Inc.	$0	–	-68,712	–	-0.26%	–
	Exit	PROS Holding, Inc.cvbond	$0	–	-1,790,000	–	-0.26%	–
CRAI	Exit	CRA International Inc.	$0	–	-42,590	–	-0.26%	–
BEAT	Exit	BioTelemetry Inc.	$0	–	-63,321	–	-0.27%	–
HZN	Exit	Horizon Global Corp	$0	–	-115,252	–	-0.27%	–
CARB	Exit	Carbonite Inc.	$0	–	-83,034	–	-0.27%	–
TANNL	Exit	TravelCenters of Americaprd	$0	–	-80,000	–	-0.29%	–
DHIL	Exit	Diamond Hill Investment Group,	$0	–	-9,697	–	-0.30%	–
NMIH	Exit	NMI Holdings Inc.	$0	–	-142,318	–	-0.30%	–
	Exit	ServiceSource International, Icvbond	$0	–	-2,250,000	–	-0.32%	–
	Exit	Calamp Corp.cvbond	$0	–	-2,500,000	–	-0.39%	–
WIFI	Exit	Boingo Wireless Inc.	$0	–	-122,235	–	-0.42%	–
PRTK	Exit	Paratek Pharma	$0	–	-145,779	–	-0.45%	–
ERI	Exit	Eldorado Resorts, Inc	$0	–	-240,216	–	-0.90%	–
AVDL	Exit	Avadel Pharmaceuticals PLC (AD	$0	–	-661,490	–	-0.91%	–
CRZO	Exit	Carrizo Oil & Gas Inc.	$0	–	-368,642	–	-0.95%	–
KNX	Exit	Knight Transportation Inc.	$0	–	-175,784	–	-1.06%	–
GVA	Exit	Granite Construction	$0	–	-121,896	–	-1.13%	–
MTZ	Exit	MasTec, Inc.	$0	–	-193,553	–	-1.22%	–
PDFS	Exit	PDF Solutions Inc.	$0	–	-619,407	–	-1.32%	–
PRFT	Exit	Perficient Inc.	$0	–	-481,776	–	-1.36%	–
TWNK	Exit	Hostess Brands Inc	$0	–	-863,382	–	-1.45%	–
ASGN	Exit	On Assignment Inc.	$0	–	-162,916	–	-1.45%	–
CSU	Exit	Capital Senior Living Corp.	$0	–	-777,240	–	-1.50%	–
BWXT	Exit	BWX Technologies Inc.	$0	–	-174,685	–	-1.52%	–
FNSR	Exit	Finisar Corp.	$0	–	-454,239	–	-1.55%	–
RRGB	Exit	Red Robin Gourmet Burgers, Inc	$0	–	-160,058	–	-1.59%	–
USCR	Exit	US Concrete Inc	$0	–	-140,283	–	-1.59%	–
YRCW	Exit	Yellow Corp.	$0	–	-831,242	–	-1.63%	–
EFII	Exit	Electronics for Imaging Inc.	$0	–	-370,353	–	-1.66%	–
FTAI	Exit	Fortress Transportation & Infr	$0	–	-627,725	–	-1.66%	–
DECK	Exit	Deckers Outdoor Corp.	$0	–	-170,471	–	-1.69%	–
WTFC	Exit	Wintrust Financial Corporation	$0	–	-143,431	–	-1.69%	–
IART	Exit	Integra Life Sciences	$0	–	-255,207	–	-1.73%	–
JACK	Exit	Jack In The Box Inc.	$0	–	-121,587	–	-1.83%	–
ACXM	Exit	Acxiom Corp.	$0	–	-510,156	–	-1.86%	–
CORE	Exit	Core-Mark Holding Company, Inc	$0	–	-384,624	–	-1.90%	–
PFPT	Exit	Proofpoint, Inc.	$0	–	-142,055	–	-1.91%	–
AMAG	Exit	Amag Pharmaceuticals Inc.	$0	–	-839,477	–	-1.91%	–
MPW	Exit	Medical Properties Trust Inc.	$0	–	-1,013,497	–	-1.95%	–
MMS	Exit	Maximus, Inc.	$0	–	-208,815	–	-2.01%	–
NEO	Exit	Neogenomics, Inc.	$0	–	-1,609,819	–	-2.03%	–
SUPN	Exit	Supernus Phamaceutical Inc	$0	–	-335,659	–	-2.03%	–
ACHC	Exit	Acadia Healthcare Co Inc.	$0	–	-470,679	–	-2.14%	–
CALD	Exit	Callidus Software, Inc.	$0	–	-590,496	–	-2.17%	–
CONN	Exit	Conns Inc.	$0	–	-494,716	–	-2.21%	–
CAVM	Exit	Cavium Networks Inc.	$0	–	-223,580	–	-2.24%	–
CSOD	Exit	Cornerstone OnDemand	$0	–	-417,910	–	-2.33%	–
APOG	Exit	Apogee Enterprises, Inc.	$0	–	-341,243	–	-2.36%	–
LGND	Exit	Ligand Pharmaceuticals Inc.	$0	–	-115,597	–	-2.44%	–
PBH	Exit	Prestige Brands Holdings Inc.	$0	–	-370,693	–	-2.52%	–
DLX	Exit	Deluxe Corp	$0	–	-260,678	–	-2.64%	–
AMN	Exit	AMN Healthcare Services Inc.	$0	–	-418,056	–	-2.66%	–
HAWK	Exit	Blackhawk Network Holdings	$0	–	-561,959	–	-2.77%	–
FIVN	Exit	Five9	$0	–	-757,975	–	-2.78%	–
WLH	Exit	William Lyon Homes	$0	–	-694,956	–	-2.80%	–
CAMP	Exit	Calamp Corp.	$0	–	-864,700	–	-2.85%	–
FEYE	Exit	FireEye Inc.	$0	–	-1,439,157	–	-3.54%	–
WAGE	Exit	WageWorks, Inc.	$0	–	-390,994	–	-3.62%	–

Q3 2017

			Value		Shares		↓ Weighting
WAGE	Buy	WageWorks, Inc.	$24,926,000	+16.7%	390,994	+23.0%	3.62%	+25.5%
FEYE	Buy	FireEye Inc.	$24,351,000	+14.7%	1,439,157	+3.1%	3.54%	+23.5%
CAMP	Sell	Calamp Corp.	$19,655,000	+5.8%	864,700	-5.4%	2.85%	+13.8%
WLH	Buy	William Lyon Homes	$19,285,000	+20.7%	694,956	+5.0%	2.80%	+29.9%
FIVN	Sell	Five9	$19,124,000	+11.7%	757,975	-4.7%	2.78%	+20.2%
HAWK	Buy	Blackhawk Network Holdings	$19,079,000	-3.8%	561,959	+23.5%	2.77%	+3.5%
AMN	Sell	AMN Healthcare Services Inc.	$18,353,000	-18.6%	418,056	-27.6%	2.66%	-12.5%
DLX	Buy	Deluxe Corp	$18,156,000	+16.3%	260,678	+15.5%	2.64%	+25.1%
PBH	Sell	Prestige Brands Holdings Inc.	$17,386,000	-11.7%	370,693	-0.6%	2.52%	-5.0%
LGND	Sell	Ligand Pharmaceuticals Inc.	$16,802,000	+14.1%	115,597	-4.7%	2.44%	+22.8%
APOG	Sell	Apogee Enterprises, Inc.	$16,288,000	-20.1%	341,243	-4.9%	2.36%	-14.0%
CSOD	Buy	Cornerstone OnDemand	$16,031,000	+15.3%	417,910	+7.5%	2.33%	+24.2%
CAVM	Sell	Cavium Networks Inc.	$15,425,000	+4.8%	223,580	-5.6%	2.24%	+12.8%
CONN	Buy	Conns Inc.	$15,213,000	+1972.6%	494,716	+1187.6%	2.21%	+2131.3%
CALD	Sell	Callidus Software, Inc.	$14,969,000	-29.6%	590,496	-32.8%	2.17%	-24.3%
ACHC	Buy	Acadia Healthcare Co Inc.	$14,760,000	-28.8%	470,679	+12.0%	2.14%	-23.4%
SUPN	Buy	Supernus Phamaceutical Inc	$13,963,000	+39.2%	335,659	+44.3%	2.03%	+49.9%
NEO	Buy	Neogenomics, Inc.	$13,957,000	+41.6%	1,609,819	+46.3%	2.03%	+52.3%
MMS	Sell	Maximus, Inc.	$13,872,000	+0.8%	208,815	-4.9%	2.01%	+8.5%
MPW	Sell	Medical Properties Trust Inc.	$13,409,000	-1.4%	1,013,497	-4.1%	1.95%	+6.0%
AMAG	Buy	Amag Pharmaceuticals Inc.	$13,180,000	+6.5%	839,477	+24.9%	1.91%	+14.7%
PFPT	Buy	Proofpoint, Inc.	$13,127,000	+40.2%	142,055	+31.8%	1.91%	+50.9%
CORE	Sell	Core-Mark Holding Company, Inc	$13,100,000	-1.9%	384,624	-4.8%	1.90%	+5.5%
ACXM	Sell	Acxiom Corp.	$12,836,000	-29.4%	510,156	-27.1%	1.86%	-24.1%
JACK	Sell	Jack In The Box Inc.	$12,585,000	-0.2%	121,587	-5.0%	1.83%	+7.3%
IART	Buy	Integra Life Sciences	$11,939,000	+13.7%	255,207	+32.4%	1.73%	+22.3%
WTFC	Sell	Wintrust Financial Corporation	$11,660,000	-17.8%	143,431	-22.7%	1.69%	-11.5%
DECK	New	Deckers Outdoor Corp.	$11,633,000	–	170,471	–	1.69%	–
FTAI	Buy	Fortress Transportation & Infr	$11,443,000	+181.1%	627,725	+145.8%	1.66%	+202.7%
EFII	Buy	Electronics for Imaging Inc.	$11,429,000	-18.5%	370,353	+25.2%	1.66%	-12.2%
YRCW	New	Yellow Corp.	$11,197,000	–	831,242	–	1.63%	–
USCR	Sell	US Concrete Inc	$10,970,000	-29.6%	140,283	-29.3%	1.59%	-24.2%
RRGB	Buy	Red Robin Gourmet Burgers, Inc	$10,948,000	+16.3%	160,058	+10.9%	1.59%	+25.2%
FNSR	Sell	Finisar Corp.	$10,693,000	-12.7%	454,239	-3.6%	1.55%	-6.0%
BWXT	Sell	BWX Technologies Inc.	$10,467,000	-20.3%	174,685	-35.2%	1.52%	-14.3%
CSU	Sell	Capital Senior Living Corp.	$10,337,000	-16.8%	777,240	-4.9%	1.50%	-10.5%
ASGN	Sell	On Assignment Inc.	$9,974,000	-33.0%	162,916	-40.7%	1.45%	-27.9%
TWNK	Sell	Hostess Brands Inc	$9,955,000	-44.3%	863,382	-22.2%	1.45%	-40.0%
PRFT	Buy	Perficient Inc.	$9,371,000	+18.1%	481,776	+13.2%	1.36%	+27.1%
PDFS	Sell	PDF Solutions Inc.	$9,074,000	-17.9%	619,407	-7.8%	1.32%	-11.6%
MTZ	Buy	MasTec, Inc.	$8,429,000	+9.7%	193,553	+13.8%	1.22%	+18.0%
GVA	Sell	Granite Construction	$7,764,000	-21.5%	121,896	-40.5%	1.13%	-15.6%
KNX	New	Knight Transportation Inc.	$7,286,000	–	175,784	–	1.06%	–
CRZO	Sell	Carrizo Oil & Gas Inc.	$6,521,000	-3.2%	368,642	-4.7%	0.95%	+4.1%
AVDL	Sell	Avadel Pharmaceuticals PLC (AD	$6,284,000	-33.4%	661,490	-22.6%	0.91%	-28.4%
ERI	New	Eldorado Resorts, Inc	$6,174,000	–	240,216	–	0.90%	–
PRTK	Buy	Paratek Pharma	$3,120,000	+439.8%	145,779	+507.8%	0.45%	+480.8%
WIFI	Sell	Boingo Wireless Inc.	$2,858,000	+20.6%	122,235	-22.8%	0.42%	+29.7%
NMIH	Sell	NMI Holdings Inc.	$2,071,000	-11.5%	142,318	-30.3%	0.30%	-4.7%
DHIL	Sell	Diamond Hill Investment Group,	$2,055,000	-0.3%	9,697	-6.2%	0.30%	+7.2%
TANNL	Buy	TravelCenters of Americaprd	$1,970,000	+19.0%	80,000	+14.3%	0.29%	+28.3%
CARB	Sell	Carbonite Inc.	$1,885,000	-10.9%	83,034	-14.4%	0.27%	-4.2%
HZN	Sell	Horizon Global Corp	$1,871,000	+7.8%	115,252	-4.7%	0.27%	+16.2%
BEAT	Sell	BioTelemetry Inc.	$1,839,000	-17.4%	63,321	-4.9%	0.27%	-11.3%
CRAI	Sell	CRA International Inc.	$1,800,000	+11.0%	42,590	-4.7%	0.26%	+19.2%
CSV	Sell	Carriage Services Inc.	$1,780,000	-8.4%	68,712	-4.7%	0.26%	-1.5%
XBI	Sell	SPDR S&P 500 Biotech	$1,762,000	+3.3%	21,070	-4.7%	0.26%	+11.3%
UNTCQ	Buy	Unit Corp.	$1,747,000	+3.1%	93,336	+3.2%	0.25%	+10.9%
TA	Buy	TravelCenters of America LLC	$1,670,000	+87.2%	340,832	+56.6%	0.24%	+101.7%
TPC	Sell	Tutor Perini Corp.	$1,611,000	-9.8%	57,141	-8.1%	0.23%	-2.9%
EXAC	New	ExacTech Inc.	$1,542,000	–	36,852	–	0.22%	–
CCRN	Sell	Cross Country Healthcare Inc	$1,465,000	+0.8%	107,290	-4.7%	0.21%	+8.7%
PZN	Sell	Pzena Investment Management, I	$1,417,000	+5.4%	120,083	-9.2%	0.21%	+13.8%
NX	Sell	Quanex Building Solutions	$1,220,000	-1.1%	55,570	-4.7%	0.18%	+6.6%
NEOS	Sell	NEOS Therapeutic	$1,205,000	+35.9%	115,869	-4.7%	0.18%	+45.8%
VRAY	Buy	Viewray inc	$1,165,000	+75.5%	169,108	+64.8%	0.17%	+87.8%
GPX	Sell	GP Strategies Corp	$1,130,000	+4.8%	38,914	-4.7%	0.16%	+13.1%
GLDD	Sell	Great Lakes Dredge & Dock Co	$1,104,000	+13.0%	216,562	-4.7%	0.16%	+21.2%
NR	Sell	Newpark Resources Inc.	$1,048,000	-40.6%	119,774	-50.1%	0.15%	-36.1%
SPNE	Sell	SeaSpine Holdings Corp	$1,041,000	-17.1%	103,870	-4.7%	0.15%	-10.7%
RGEN	Sell	Repligen Corp.	$890,000	-46.5%	23,932	-40.4%	0.13%	-42.7%
MRTN	Buy	Marten Transport LTD	$857,000	+14.0%	43,603	+58.9%	0.12%	+22.8%
EVC	Sell	Entravision	$856,000	-46.5%	164,567	-32.1%	0.12%	-42.6%
DVAX	Sell	Dynavax Technology	$811,000	+6.7%	36,870	-53.2%	0.12%	+14.6%
EHTH	New	Ehealth INC	$765,000	–	30,152	–	0.11%	–
VBIV	New	VBI Vaccines Inc.	$674,000	–	195,903	–	0.10%	–
HIIQ	Sell	Health Insurance Innovation	$585,000	-12.7%	27,197	-4.6%	0.08%	-5.6%
SKIS	Sell	Peak Resorts Inc	$575,000	+4.0%	125,000	-7.4%	0.08%	+10.7%
XNCR	Sell	Xencor INC	$548,000	-10.7%	27,728	-4.7%	0.08%	-3.6%
APEN	New	Apollo Endosurgery INC	$492,000	–	119,309	–	0.07%	–
ACRS	Sell	Aclaris Therapeutics Inc.	$449,000	-11.3%	17,791	-4.7%	0.06%	-4.4%
AGRX	New	Agile Therapeutics	$432,000	–	91,011	–	0.06%	–
RNG	Sell	Ringcentral Inc.	$374,000	+9.4%	8,862	-5.3%	0.05%	+17.4%
CLSD	New	Clearside Biomedical INC	$315,000	–	44,219	–	0.05%	–
FLIR	New	Flir Systems	$258,000	–	5,504	–	0.04%	–
FB	Sell	Facebook Inc.	$218,000	+2.8%	1,209	-13.7%	0.03%	+10.3%
MU	Sell	Micron Technology Inc.	$218,000	+6.3%	4,925	-28.3%	0.03%	+14.3%
PWR	New	Quanta Services Inc.	$212,000	–	5,612	–	0.03%	–
WYNN	New	Wynn Resorts Ltd	$206,000	–	1,398	–	0.03%	–
UBA	New	Urstadt Biddle Properties	$205,000	–	9,440	–	0.03%	–
V	New	Visa Inc - Class A Shares	$202,000	–	1,836	–	0.03%	–
IPOA	New	Social Capital Hedosophia HO	$109,000	–	10,686	–	0.02%	–
SHOR	Exit	Shoretel Inc.	$0	–	-11,345	–	-0.01%	–
GUID	Exit	Guidance Software	$0	–	-11,861	–	-0.01%	–
P	Exit	Pandora	$0	–	-11,409	–	-0.01%	–
FLDM	Exit	Fluidigm Corp.	$0	–	-40,504	–	-0.02%	–
TNDM	Exit	Tandem Diabetes Care, Inc.	$0	–	-261,412	–	-0.03%	–
ADS	Exit	Alliance Data Systems Corp.	$0	–	-890	–	-0.03%	–
DXPE	Exit	DXP Enterprises Inc.	$0	–	-34,827	–	-0.16%	–
	Exit	Aegerion Pharmaceuticalscvbond	$0	–	-1,500,000	–	-0.16%	–
KRNT	Exit	Kornit Digital LTD	$0	–	-100,873	–	-0.26%	–
ICPT	Exit	Intercept Group	$0	–	-42,775	–	-0.70%	–
SWFT	Exit	Swift Transportation Inc.	$0	–	-258,721	–	-0.92%	–
MNRO	Exit	Monro Muffler Brake Inc.	$0	–	-211,925	–	-1.19%	–
LNCE	Exit	Snyders-Lance Inc.	$0	–	-270,302	–	-1.26%	–
NUVA	Exit	Nuvasive Inc.	$0	–	-133,855	–	-1.39%	–
DOOR	Exit	Masonite International Corp	$0	–	-137,834	–	-1.40%	–
AMC	Exit	AMC Entertainment	$0	–	-618,925	–	-1.90%	–
TRUE	Exit	Truecar Inc.	$0	–	-1,030,463	–	-2.77%	–

Q2 2017

			Value		Shares		↓ Weighting
AMN	New	AMN Healthcare Services Inc.	$22,560,000	–	577,732	–	3.04%	–
WAGE	New	WageWorks, Inc.	$21,366,000	–	317,946	–	2.88%	–
CALD	New	Callidus Software, Inc.	$21,264,000	–	878,696	–	2.87%	–
FEYE	New	FireEye Inc.	$21,222,000	–	1,395,261	–	2.86%	–
ACHC	New	Acadia Healthcare Co Inc.	$20,744,000	–	420,091	–	2.80%	–
TRUE	New	Truecar Inc.	$20,537,000	–	1,030,463	–	2.77%	–
APOG	New	Apogee Enterprises, Inc.	$20,385,000	–	358,647	–	2.75%	–
HAWK	New	Blackhawk Network Holdings	$19,839,000	–	455,030	–	2.68%	–
PBH	New	Prestige Brands Holdings Inc.	$19,686,000	–	372,773	–	2.66%	–
CAMP	New	Calamp Corp.	$18,585,000	–	914,190	–	2.51%	–
ACXM	New	Acxiom Corp.	$18,189,000	–	700,133	–	2.46%	–
TWNK	New	Hostess Brands Inc	$17,870,000	–	1,109,946	–	2.41%	–
FIVN	New	Five9	$17,121,000	–	795,596	–	2.31%	–
WLH	New	William Lyon Homes	$15,972,000	–	661,637	–	2.16%	–
DLX	New	Deluxe Corp	$15,617,000	–	225,616	–	2.11%	–
USCR	New	US Concrete Inc	$15,579,000	–	198,328	–	2.10%	–
ASGN	New	On Assignment Inc.	$14,884,000	–	274,872	–	2.01%	–
LGND	New	Ligand Pharmaceuticals Inc.	$14,727,000	–	121,311	–	1.99%	–
CAVM	New	Cavium Networks Inc.	$14,719,000	–	236,912	–	1.99%	–
WTFC	New	Wintrust Financial Corporation	$14,185,000	–	185,572	–	1.91%	–
AMC	New	AMC Entertainment	$14,081,000	–	618,925	–	1.90%	–
EFII	New	Electronics for Imaging Inc.	$14,015,000	–	295,801	–	1.89%	–
CSOD	New	Cornerstone OnDemand	$13,898,000	–	388,749	–	1.88%	–
MMS	New	Maximus, Inc.	$13,757,000	–	219,648	–	1.86%	–
MPW	New	Medical Properties Trust Inc.	$13,605,000	–	1,057,128	–	1.84%	–
CORE	New	Core-Mark Holding Company, Inc	$13,358,000	–	404,058	–	1.80%	–
BWXT	New	BWX Technologies Inc.	$13,137,000	–	269,478	–	1.77%	–
JACK	New	Jack In The Box Inc.	$12,612,000	–	128,043	–	1.70%	–
CSU	New	Capital Senior Living Corp.	$12,427,000	–	817,055	–	1.68%	–
AMAG	New	Amag Pharmaceuticals Inc.	$12,370,000	–	672,302	–	1.67%	–
FNSR	New	Finisar Corp.	$12,245,000	–	471,305	–	1.65%	–
PDFS	New	PDF Solutions Inc.	$11,051,000	–	671,770	–	1.49%	–
IART	New	Integra Life Sciences	$10,505,000	–	192,724	–	1.42%	–
DOOR	New	Masonite International Corp	$10,406,000	–	137,834	–	1.40%	–
NUVA	New	Nuvasive Inc.	$10,296,000	–	133,855	–	1.39%	–
SUPN	New	Supernus Phamaceutical Inc	$10,028,000	–	232,664	–	1.35%	–
GVA	New	Granite Construction	$9,891,000	–	205,029	–	1.34%	–
NEO	New	Neogenomics, Inc.	$9,860,000	–	1,100,474	–	1.33%	–
AVDL	New	Avadel Pharmaceuticals PLC (AD	$9,432,000	–	855,101	–	1.27%	–
RRGB	New	Red Robin Gourmet Burgers, Inc	$9,414,000	–	144,279	–	1.27%	–
LNCE	New	Snyders-Lance Inc.	$9,358,000	–	270,302	–	1.26%	–
PFPT	New	Proofpoint, Inc.	$9,361,000	–	107,809	–	1.26%	–
MNRO	New	Monro Muffler Brake Inc.	$8,848,000	–	211,925	–	1.19%	–
PRFT	New	Perficient Inc.	$7,933,000	–	425,575	–	1.07%	–
MTZ	New	MasTec, Inc.	$7,681,000	–	170,113	–	1.04%	–
SWFT	New	Swift Transportation Inc.	$6,856,000	–	258,721	–	0.92%	–
CRZO	New	Carrizo Oil & Gas Inc.	$6,740,000	–	386,916	–	0.91%	–
ICPT	New	Intercept Group	$5,179,000	–	42,775	–	0.70%	–
FTAI	New	Fortress Transportation & Infr	$4,071,000	–	255,388	–	0.55%	–
	New	Calamp Corp.cvbond	$2,547,000	–	2,500,000	–	0.34%	–
WIFI	New	Boingo Wireless Inc.	$2,370,000	–	158,396	–	0.32%	–
NMIH	New	NMI Holdings Inc	$2,339,000	–	204,271	–	0.32%	–
BEAT	New	BioTelemetry Inc.	$2,227,000	–	66,591	–	0.30%	–
	New	ServiceSource International, Icvbond	$2,190,000	–	2,250,000	–	0.30%	–
CARB	New	Carbonite Inc.	$2,116,000	–	97,051	–	0.29%	–
DHIL	New	Diamond Hill Investment Group,	$2,061,000	–	10,338	–	0.28%	–
KRNT	New	Kornit Digital LTD	$1,952,000	–	100,873	–	0.26%	–
CSV	New	Carriage Services Inc.	$1,943,000	–	72,073	–	0.26%	–
	New	PROS Holding, Inc.cvbond	$1,895,000	–	1,790,000	–	0.26%	–
NYCBPRU	New	NY Community Cap Trust Vcvpfd	$1,802,000	–	35,000	–	0.24%	–
	New	PROS Holding, Inc.cvbond	$1,801,000	–	2,000,000	–	0.24%	–
TPC	New	Tutor Perini Corp.	$1,787,000	–	62,159	–	0.24%	–
NR	New	Newpark Resources Inc.	$1,764,000	–	239,999	–	0.24%	–
HZN	New	Horizon Global Corp	$1,736,000	–	120,885	–	0.23%	–
XBI	New	SPDR S&P 500 Biotech	$1,706,000	–	22,102	–	0.23%	–
UNTCQ	New	Unit Corp.	$1,694,000	–	90,461	–	0.23%	–
RGEN	New	Repligen Corp.	$1,664,000	–	40,164	–	0.22%	–
TANNL	New	TravelCenters of Americaprd	$1,655,000	–	70,000	–	0.22%	–
CRAI	New	CRA International Inc.	$1,622,000	–	44,669	–	0.22%	–
SJB	New	Proshares Short High Yield	$1,606,000	–	68,260	–	0.22%	–
EVC	New	Entravision	$1,601,000	–	242,540	–	0.22%	–
APOPRA	New	Apollo Management LLCprd	$1,544,000	–	60,000	–	0.21%	–
AATRL	New	AMG Capitalcvpfd	$1,478,000	–	25,000	–	0.20%	–
CCRN	New	Cross Country Healthcare Inc	$1,453,000	–	112,536	–	0.20%	–
	New	Fireeye Inc.cvbond	$1,366,000	–	1,500,000	–	0.18%	–
PZN	New	Pzena Investment Management, I	$1,344,000	–	132,272	–	0.18%	–
AMHPRE	New	American Homes 4 Rentprd	$1,292,000	–	50,000	–	0.17%	–
SPNE	New	SeaSpine Holdings Corp	$1,255,000	–	108,949	–	0.17%	–
NX	New	Quanex Building Solutions	$1,233,000	–	58,289	–	0.17%	–
	New	Aegerion Pharmaceuticalscvbond	$1,217,000	–	1,500,000	–	0.16%	–
DXPE	New	DXP Enterprises Inc.	$1,202,000	–	34,827	–	0.16%	–
WTFCM	New	Wintrust Financial Groupprd	$1,104,000	–	40,000	–	0.15%	–
GPX	New	GP Strategies Corp	$1,078,000	–	40,817	–	0.14%	–
TRTN	New	Triton International Ltd	$1,055,000	–	31,540	–	0.14%	–
GLDD	New	Great Lakes Dredge & Dock Co	$977,000	–	227,155	–	0.13%	–
	New	Encore Capital Group Inc.cvbond	$946,000	–	1,000,000	–	0.13%	–
LHO	New	LaSalle Hotel Properties	$924,000	–	31,000	–	0.12%	–
NEOS	New	NEOS Therapeutic	$887,000	–	121,563	–	0.12%	–
TA	New	TravelCenters of America LLC	$892,000	–	217,636	–	0.12%	–
DVAX	New	Dynavax Technology	$760,000	–	78,774	–	0.10%	–
MRTN	New	Marten Transport LTD	$752,000	–	27,448	–	0.10%	–
CONN	New	Conns Inc.	$734,000	–	38,422	–	0.10%	–
PTQEP	New	PetroQuest Energycvpfd	$720,000	–	40,000	–	0.10%	–
VRAY	New	Viewray inc	$664,000	–	102,635	–	0.09%	–
HIIQ	New	Health Insurance Innovation	$670,000	–	28,523	–	0.09%	–
COFPRH	New	Capital One Financialsprd	$659,000	–	25,000	–	0.09%	–
GLD	New	SPDR Gold Shares	$614,000	–	5,200	–	0.08%	–
XNCR	New	Xencor INC	$614,000	–	29,082	–	0.08%	–
PRTK	New	Paratek Pharma	$578,000	–	23,983	–	0.08%	–
SKIS	New	Peak Resorts Inc	$553,000	–	135,000	–	0.08%	–
ACRS	New	Aclaris Therapeutics Inc.	$506,000	–	18,662	–	0.07%	–
TBT	New	Proshares Ultrashort Barclays	$359,000	–	10,000	–	0.05%	–
RNG	New	Ringcentral Inc.	$342,000	–	9,356	–	0.05%	–
SEF	New	Proshares Short Financials	$279,000	–	21,500	–	0.04%	–
ADS	New	Alliance Data Systems Corp.	$228,000	–	890	–	0.03%	–
FB	New	Facebook Inc.	$212,000	–	1,401	–	0.03%	–
TNDM	New	Tandem Diabetes Care, Inc.	$209,000	–	261,412	–	0.03%	–
MU	New	Micron Technology Inc.	$205,000	–	6,870	–	0.03%	–
FLDM	New	Fluidigm Corp.	$164,000	–	40,504	–	0.02%	–
OCLR	New	Oclaro Inc.	$116,000	–	12,382	–	0.02%	–
P	New	Pandora	$102,000	–	11,409	–	0.01%	–
GUID	New	Guidance Software	$78,000	–	11,861	–	0.01%	–
SHOR	New	Shoretel Inc.	$66,000	–	11,345	–	0.01%	–
PQUEQ	New	PetroQuest Energy Inc.	$58,000	–	29,486	–	0.01%	–

Q4 2016

			Value		Shares		↓ Weighting
FTR	Exit	Frontier Communications Corp	$0	–	-11,515	–	-0.01%	–
PQUEQ	Exit	PetroQuest Energy Inc.	$0	–	-29,486	–	-0.02%	–
OCLR	Exit	Oclaro Inc.	$0	–	-16,788	–	-0.02%	–
AMD	Exit	Advanced Micro	$0	–	-16,766	–	-0.02%	–
FLDM	Exit	Fluidigm Corp.	$0	–	-38,057	–	-0.03%	–
UBA	Exit	Urstadt Biddle Properties	$0	–	-9,440	–	-0.03%	–
FB	Exit	Facebook Inc.	$0	–	-1,717	–	-0.03%	–
FLIR	Exit	Flir Systems	$0	–	-6,957	–	-0.04%	–
DVAX	Exit	Dynavax Technology	$0	–	-25,776	–	-0.04%	–
PWR	Exit	Quanta Services Inc.	$0	–	-8,318	–	-0.04%	–
MU	Exit	Micron Technology Inc.	$0	–	-14,805	–	-0.04%	–
USBPRNCL	Exit	US Bancorp 6% Series Gprd	$0	–	-10,000	–	-0.04%	–
SEF	Exit	Proshares Short Financials	$0	–	-21,500	–	-0.05%	–
ARWR	Exit	Arrowhead Pharmaceuticals, Inc	$0	–	-58,398	–	-0.05%	–
TRTN	Exit	Triton International Ltd	$0	–	-31,540	–	-0.06%	–
NEOS	Exit	NEOS Therapeutic	$0	–	-69,135	–	-0.06%	–
TBT	Exit	Proshares Ultrashort Barclays	$0	–	-14,000	–	-0.07%	–
PPX	Exit	PPL Corp. 5.9%prd	$0	–	-20,000	–	-0.08%	–
DXPE	Exit	DXP Enterprises Inc.	$0	–	-26,529	–	-0.09%	–
XNCR	Exit	Xencor INC	$0	–	-27,069	–	-0.09%	–
BCC	Exit	Boise Cascade Company	$0	–	-30,269	–	-0.09%	–
MRTN	Exit	Marten Transport LTD	$0	–	-28,475	–	-0.09%	–
GLD	Exit	SPDR Gold Shares	$0	–	-5,200	–	-0.10%	–
PTQEP	Exit	PetroQuest Energy 6.875%cvpfd	$0	–	-40,000	–	-0.10%	–
SKIS	Exit	Peak Resorts Inc	$0	–	-135,000	–	-0.10%	–
SPNE	Exit	SeaSpine Holdings Corp	$0	–	-76,019	–	-0.11%	–
LHO	Exit	LaSalle Hotel Properties	$0	–	-31,000	–	-0.11%	–
ETH	Exit	Ethan Allen Interiors	$0	–	-24,584	–	-0.12%	–
CORT	Exit	Corcept Therapeutics Inc.	$0	–	-114,279	–	-0.12%	–
TA	Exit	TravelCenters of America LLC	$0	–	-126,459	–	-0.12%	–
NX	Exit	Quanex Building Solutions	$0	–	-53,966	–	-0.14%	–
	Exit	Aegerion Pharmaceuticals 2% ducvbond	$0	–	-1,500,000	–	-0.14%	–
GPX	Exit	GP Strategies Corp	$0	–	-37,944	–	-0.15%	–
TPC	Exit	Tutor Perini Corp.	$0	–	-55,911	–	-0.16%	–
RGEN	Exit	Repligen Corp.	$0	–	-38,440	–	-0.17%	–
WTFCM	Exit	Wintrust Financial Group 6.5%prd	$0	–	-40,000	–	-0.17%	–
UNTCQ	Exit	Unit Corp.	$0	–	-65,941	–	-0.17%	–
PZN	Exit	Pzena Investment Management, I	$0	–	-157,106	–	-0.18%	–
TYFDL	Exit	Tyson Foods Inc 4.75%cvpfd	$0	–	-15,000	–	-0.18%	–
AATRL	Exit	AMG Capital 5.15%cvpfd	$0	–	-25,000	–	-0.20%	–
EVC	Exit	Entravision	$0	–	-197,006	–	-0.20%	–
AFFT	Exit	AmTrust Financial Services 7.5prd	$0	–	-50,000	–	-0.20%	–
	Exit	Fireeye Inc. 1.625% due 6/1/20cvbond	$0	–	-1,500,000	–	-0.21%	–
XBI	Exit	SPDR S&P 500 Biotech	$0	–	-25,081	–	-0.22%	–
CCRN	Exit	Cross Country Healthcare Inc	$0	–	-126,564	–	-0.22%	–
CRAI	Exit	C R A International, Inc.	$0	–	-49,753	–	-0.24%	–
SQBG	Exit	Sequential Brands Group Inc	$0	–	-215,270	–	-0.24%	–
	Exit	Hercules II 6/30/29 6.5%cvbond	$0	–	-1,769,000	–	-0.24%	–
BBW	Exit	Build-A-Bear Workshop Inc.	$0	–	-124,392	–	-0.26%	–
MPW	Exit	Medical Properties Trust Inc.	$0	–	-122,547	–	-0.26%	–
SJB	Exit	Proshares Short High Yield	$0	–	-68,260	–	-0.26%	–
NYCBPRU	Exit	NY Community Cap Trust V 6%cvpfd	$0	–	-35,000	–	-0.27%	–
	Exit	Pros Holding Inc 2% due 12/1/2cvbond	$0	–	-1,790,000	–	-0.27%	–
TANNL	Exit	TravelCenters of America 8%prd	$0	–	-70,000	–	-0.27%	–
BEAT	Exit	BioTelemetry, Inc.	$0	–	-102,912	–	-0.28%	–
FTAI	Exit	Fortress Transportation & Infr	$0	–	-162,638	–	-0.30%	–
NEO	Exit	Neogenomics, Inc.	$0	–	-248,029	–	-0.31%	–
	Exit	Proofpoint Inc. 0.75% due 6/15cvbond	$0	–	-1,750,000	–	-0.32%	–
	Exit	ServiceSource International, Icvbond	$0	–	-2,250,000	–	-0.33%	–
DHIL	Exit	Diamond Hill Investment Group,	$0	–	-12,039	–	-0.34%	–
WIFI	Exit	Boingo Wireless Inc.	$0	–	-235,302	–	-0.35%	–
	Exit	Calamp Corp. 1.625% due 5/15/2cvbond	$0	–	-2,500,000	–	-0.36%	–
CSV	Exit	Carriage Services Inc.	$0	–	-99,501	–	-0.36%	–
	Exit	InContact Inc. 2.5% due 4/2/20cvbond	$0	–	-2,000,000	–	-0.37%	–
BDSI	Exit	Biodelivery Sciences Intl.	$0	–	-1,597,378	–	-0.56%	–
CRZO	Exit	Carrizo Oil & Gas Inc.	$0	–	-164,165	–	-0.85%	–
GMED	Exit	Globus Medical Inc	$0	–	-322,165	–	-1.09%	–
SNAK	Exit	Inventure Foods Inc.	$0	–	-1,015,121	–	-1.31%	–
FLML	Exit	Flamel Technologies (ADR)	$0	–	-830,672	–	-1.37%	–
SUPN	Exit	Supernus Phamraceutical Inc	$0	–	-454,002	–	-1.38%	–
MNRO	Exit	Monro Muffler Brake Inc.	$0	–	-166,779	–	-1.40%	–
SWFT	Exit	Swift Transportation Inc.	$0	–	-424,845	–	-1.45%	–
MTZ	Exit	MasTec, Inc.	$0	–	-339,914	–	-1.48%	–
WLH	Exit	William Lyon Homes	$0	–	-549,162	–	-1.50%	–
BWXT	Exit	BWX Technologies Inc.	$0	–	-262,450	–	-1.57%	–
LITE	Exit	Lumentum Holdings Inc.	$0	–	-327,200	–	-1.68%	–
MMS	Exit	Maximus, Inc.	$0	–	-212,257	–	-1.69%	–
DLX	Exit	Deluxe Corp	$0	–	-192,051	–	-1.80%	–
LNCE	Exit	Snyders-Lance Inc.	$0	–	-333,088	–	-1.81%	–
CSU	Exit	Capital Senior Living Corp.	$0	–	-797,080	–	-1.95%	–
WTFC	Exit	Wintrust Financial Corporation	$0	–	-236,832	–	-1.95%	–
FEYE	Exit	Fireeye Inc.	$0	–	-1,134,958	–	-2.02%	–
IART	Exit	Integra Life Sciences	$0	–	-167,146	–	-2.03%	–
CORE	Exit	Core-Mark Holding Company, Inc	$0	–	-379,303	–	-2.05%	–
CSOD	Exit	Cornerstone OnDemand	$0	–	-328,341	–	-2.07%	–
MDCA	Exit	MDC Partners Inc.	$0	–	-1,638,418	–	-2.12%	–
LGND	Exit	Ligand Pharmaceuticals Inc.	$0	–	-152,106	–	-2.23%	–
WAGE	Exit	WageWorks, Inc.	$0	–	-252,786	–	-2.28%	–
MOH	Exit	Molina Healthcare Inc	$0	–	-275,648	–	-2.29%	–
BERY	Exit	Berry Plastics Group Inc.	$0	–	-349,400	–	-2.34%	–
HURN	Exit	Huron Consulting Group	$0	–	-273,224	–	-2.34%	–
ASGN	Exit	On Assignment Inc.	$0	–	-446,741	–	-2.35%	–
PFPT	Exit	Proofpoint, Inc.	$0	–	-200,525	–	-2.40%	–
JACK	Exit	Jack In The Box Inc.	$0	–	-186,204	–	-2.67%	–
ACXM	Exit	Acxiom Corp.	$0	–	-743,067	–	-2.68%	–
CAMP	Exit	Calamp Corp.	$0	–	-1,376,077	–	-2.72%	–
PRFT	Exit	Perficient Inc.	$0	–	-964,525	–	-2.74%	–
AMN	Exit	AMN Healthcare Services, Inc.	$0	–	-548,027	–	-2.75%	–
PDFS	Exit	PDF Solutions Inc.	$0	–	-915,854	–	-2.77%	–
APOG	Exit	Apogee Enterprises, Inc.	$0	–	-445,222	–	-2.77%	–
CYNO	Exit	Cynosure Inc.	$0	–	-430,015	–	-2.80%	–
PBH	Exit	Prestige Brands Holdings Inc.	$0	–	-421,721	–	-2.92%	–
CALD	Exit	Callidus Software, Inc.	$0	–	-1,161,443	–	-3.24%	–
CAVM	Exit	Cavium Networks Inc.	$0	–	-384,430	–	-3.32%	–
AMAG	Exit	Amag Pharmaceuticals Inc.	$0	–	-881,026	–	-3.46%	–
FRGI	Exit	Fiesta Restaurant Group	$0	–	-873,546	–	-3.53%	–

Q3 2016

			Value		Shares		↓ Weighting
FRGI	Buy	Fiesta Restaurant Group	$23,062,000	+68.9%	873,546	+39.5%	3.53%	+49.5%
AMAG	Buy	Amag Pharmaceuticals Inc.	$22,642,000	+33.0%	881,026	+23.8%	3.46%	+17.7%
CAVM	Buy	Cavium Networks Inc.	$21,701,000	+81.3%	384,430	+24.0%	3.32%	+60.6%
CALD	Buy	Callidus Software, Inc.	$21,196,000	+27.5%	1,161,443	+39.6%	3.24%	+12.9%
PBH	Buy	Prestige Brands Holdings Inc.	$19,096,000	+106.2%	421,721	+152.3%	2.92%	+82.6%
CYNO	Buy	Cynosure Inc.	$18,340,000	+8.2%	430,015	+23.4%	2.80%	-4.2%
APOG	Buy	Apogee Enterprises, Inc.	$18,143,000	+9.5%	445,222	+24.6%	2.77%	-3.0%
PDFS	Buy	PDF Solutions Inc.	$18,088,000	+73.5%	915,854	+22.9%	2.77%	+53.6%
AMN	Buy	AMN Healthcare Services, Inc.	$17,975,000	+61.6%	548,027	+96.9%	2.75%	+43.0%
PRFT	Buy	Perficient Inc.	$17,950,000	+63.0%	964,525	+77.9%	2.74%	+44.3%
CAMP	Buy	Calamp Corp.	$17,779,000	+7.9%	1,376,077	+23.7%	2.72%	-4.4%
ACXM	Buy	Acxiom Corp.	$17,507,000	+26.8%	743,067	+18.3%	2.68%	+12.2%
JACK	Buy	Jack In The Box Inc.	$17,453,000	+37.9%	186,204	+26.4%	2.67%	+22.1%
PFPT	Sell	Proofpoint, Inc.	$15,717,000	+4.1%	200,525	-16.2%	2.40%	-7.8%
ASGN	Buy	On Assignment Inc.	$15,372,000	+15.5%	446,741	+24.0%	2.35%	+2.3%
HURN	Buy	Huron Consulting Group	$15,314,000	+15.2%	273,224	+24.2%	2.34%	+2.0%
BERY	Buy	Berry Plastics Group Inc.	$15,286,000	+33.7%	349,400	+18.8%	2.34%	+18.4%
MOH	Buy	Molina Healthcare Inc	$14,998,000	+52.7%	275,648	+40.0%	2.29%	+35.3%
WAGE	Sell	WageWorks, Inc.	$14,902,000	-12.8%	252,786	-11.6%	2.28%	-22.8%
LGND	Buy	Ligand Pharmaceuticals Inc.	$14,561,000	+107.0%	152,106	+157.9%	2.23%	+83.3%
MDCA	Buy	MDC Partners Inc.	$13,845,000	-43.7%	1,638,418	+21.9%	2.12%	-50.1%
CSOD	Sell	Cornerstone OnDemand	$13,560,000	-1.9%	328,341	-9.6%	2.07%	-13.1%
CORE	Buy	Core-Mark Holding Company, Inc	$13,408,000	+26.1%	379,303	+67.1%	2.05%	+11.6%
IART	Buy	Integra Life Sciences	$13,290,000	+24.0%	167,146	+24.5%	2.03%	+9.8%
FEYE	Buy	Fireeye Inc.	$13,188,000	+70.5%	1,134,958	+141.7%	2.02%	+51.0%
WTFC	Buy	Wintrust Financial Corporation	$12,777,000	+31.6%	236,832	+24.4%	1.95%	+16.5%
CSU	Buy	Capital Senior Living Corp.	$12,729,000	+11.9%	797,080	+23.8%	1.95%	-0.9%
LNCE	New	Snyders-Lance Inc.	$11,848,000	–	333,088	–	1.81%	–
DLX	Buy	Deluxe Corp	$11,754,000	+14.8%	192,051	+24.5%	1.80%	+1.6%
MMS	Buy	Maximus, Inc.	$11,050,000	+47.1%	212,257	+56.4%	1.69%	+30.2%
LITE	Buy	Lumentum Holdings Inc.	$10,994,000	+111.3%	327,200	+52.2%	1.68%	+87.2%
BWXT	New	BWX Technologies Inc.	$10,293,000	–	262,450	–	1.57%	–
WLH	Buy	William Lyon Homes	$9,808,000	+35.6%	549,162	+22.4%	1.50%	+20.1%
MTZ	Sell	MasTec, Inc.	$9,705,000	-14.3%	339,914	-33.0%	1.48%	-24.1%
SWFT	Sell	Swift Transportation Inc.	$9,508,000	+18.5%	424,845	-18.4%	1.45%	+5.0%
MNRO	Buy	Monro Muffler Brake Inc.	$9,173,000	+25.0%	166,779	+44.5%	1.40%	+10.7%
SUPN	Buy	Supernus Phamraceutical Inc	$8,989,000	+53.2%	454,002	+57.6%	1.38%	+35.7%
FLML	Sell	Flamel Technologies (ADR)	$8,971,000	-17.8%	830,672	-18.2%	1.37%	-27.2%
SNAK	Buy	Inventure Foods Inc.	$8,588,000	+417.3%	1,015,121	+377.7%	1.31%	+357.5%
GMED	Sell	Globus Medical Inc	$7,130,000	-38.9%	322,165	-34.2%	1.09%	-45.9%
CRZO	Buy	Carrizo Oil & Gas Inc.	$5,554,000	+17.1%	164,165	+24.1%	0.85%	+3.7%
BDSI	Sell	Biodelivery Sciences Intl.	$3,674,000	-29.3%	1,597,378	-27.4%	0.56%	-37.3%
CSV	Buy	Carriage Services Inc.	$2,352,000	+17.9%	99,501	+18.1%	0.36%	+4.3%
WIFI	Sell	Boingo Wireless Inc.	$2,287,000	-4.7%	235,302	-12.6%	0.35%	-15.7%
DHIL	Buy	Diamond Hill Investment Group,	$2,191,000	+8.5%	12,039	+12.3%	0.34%	-4.0%
NEO	Buy	Neogenomics, Inc.	$1,999,000	+18.6%	248,029	+18.4%	0.31%	+5.2%
FTAI	New	Fortress Transportation & Infr	$1,932,000	–	162,638	–	0.30%	–
BEAT	Sell	BioTelemetry, Inc.	$1,822,000	-5.8%	102,912	-13.3%	0.28%	-16.5%
SJB	New	Proshares Short High Yield	$1,723,000	–	68,260	–	0.26%	–
MPW	Sell	Medical Properties Trust Inc.	$1,708,000	-18.9%	122,547	-11.5%	0.26%	-28.3%
BBW	Buy	Build-A-Bear Workshop Inc.	$1,679,000	+21.4%	124,392	+20.7%	0.26%	+7.5%
CRAI	Buy	C R A International, Inc.	$1,549,000	+71.2%	49,753	+38.7%	0.24%	+51.9%
SQBG	Buy	Sequential Brands Group Inc	$1,550,000	+25.6%	215,270	+39.2%	0.24%	+11.3%
CCRN	Buy	Cross Country Healthcare Inc	$1,414,000	+15.5%	126,564	+44.0%	0.22%	+2.4%
XBI	Buy	SPDR S&P 500 Biotech	$1,408,000	+13.9%	25,081	+9.8%	0.22%	+0.9%
EVC	Buy	Entravision	$1,320,000	+33.2%	197,006	+33.6%	0.20%	+18.1%
PZN	Buy	Pzena Investment Management, I	$1,144,000	+13.3%	157,106	+18.4%	0.18%	+0.6%
UNTCQ	New	Unit Corp.	$1,130,000	–	65,941	–	0.17%	–
RGEN	Buy	Repligen Corp.	$1,098,000	+14.6%	38,440	+9.8%	0.17%	+1.8%
TPC	Sell	Tutor Perini Corp.	$1,065,000	-19.6%	55,911	-0.7%	0.16%	-28.8%
GPX	New	GP Strategies Corp	$981,000	–	37,944	–	0.15%	–
NX	New	Quanex Building Solutions	$880,000	–	53,966	–	0.14%	–
TA	New	TravelCenters of America LLC	$809,000	–	126,459	–	0.12%	–
CORT	Buy	Corcept Therapeutics Inc.	$793,000	+50.5%	114,279	+18.3%	0.12%	+33.0%
ETH	Sell	Ethan Allen Interiors	$755,000	-30.9%	24,584	-25.7%	0.12%	-39.2%
LHO	Sell	LaSalle Hotel Properties	$736,000	-93.6%	31,000	-93.7%	0.11%	-94.3%
SPNE	Buy	SeaSpine Holdings Corp	$708,000	+5.2%	76,019	+18.5%	0.11%	-6.9%
GLD	New	SPDR Gold Shares	$634,000	–	5,200	–	0.10%	–
BCC	Sell	Boise Cascade Company	$583,000	-48.5%	30,269	-38.7%	0.09%	-54.6%
MRTN	Sell	Marten Transport LTD	$584,000	-50.3%	28,475	-52.1%	0.09%	-56.2%
XNCR	New	Xencor INC	$576,000	–	27,069	–	0.09%	–
DXPE	New	DXP Enterprises Inc.	$578,000	–	26,529	–	0.09%	–
NEOS	New	NEOS Therapeutic	$408,000	–	69,135	–	0.06%	–
TRTN	New	Triton International Ltd	$381,000	–	31,540	–	0.06%	–
ARWR	Buy	Arrowhead Pharmaceuticals, Inc	$339,000	+29.9%	58,398	+18.8%	0.05%	+15.6%
SEF	New	Proshares Short Financials	$341,000	–	21,500	–	0.05%	–
MU	New	Micron Technology Inc.	$254,000	–	14,805	–	0.04%	–
PWR	New	Quanta Services Inc.	$239,000	–	8,318	–	0.04%	–
DVAX	Buy	Dynavax Technology	$238,000	-24.9%	25,776	+18.5%	0.04%	-34.5%
FB	Sell	Facebook Inc.	$225,000	+2.3%	1,717	-10.7%	0.03%	-10.5%
UBA	Sell	Urstadt Biddle Properties	$203,000	-54.9%	9,440	-48.0%	0.03%	-60.3%
FLDM	New	Fluidigm Corp.	$176,000	–	38,057	–	0.03%	–
AMD	New	Advanced Micro	$121,000	–	16,766	–	0.02%	–
OCLR	Sell	Oclaro Inc.	$123,000	+32.3%	16,788	-11.6%	0.02%	+18.8%
PQUEQ	Buy	PetroQuest Energy Inc.	$109,000	+230.3%	29,486	+194.9%	0.02%	+183.3%
ACLS	Exit	Axcelis Technologies INC	$0	–	-19,928	–	-0.01%	–
HL	Exit	Helca Mining co	$0	–	-26,328	–	-0.02%	–
NEM	Exit	Newmont Mining Corp	$0	–	-5,230	–	-0.04%	–
AEM	Exit	Agnico-Eagle Mines LTD	$0	–	-3,887	–	-0.04%	–
TTPH	Exit	Tetraphase Pharma	$0	–	-64,369	–	-0.05%	–
DPRX	Exit	Dipexium Pharmaceuticals Inc.	$0	–	-38,833	–	-0.07%	–
TAL	Exit	Tal International Group, Inc.	$0	–	-31,540	–	-0.07%	–
	Exit	Huron Consulting Group I 1.25%cvbond	$0	–	-500,000	–	-0.09%	–
CXW	Exit	Corrections Corporation of Ame	$0	–	-25,000	–	-0.15%	–
SAAS	Exit	In Contact Inc.	$0	–	-108,109	–	-0.26%	–
VASC	Exit	Vascular Solutions	$0	–	-42,579	–	-0.31%	–
LXRX	Exit	Lexicon Pharmaceuticals	$0	–	-287,809	–	-0.71%	–
SHOO	Exit	Steve Madden Ltd.	$0	–	-181,205	–	-1.07%	–
CATM	Exit	Cardtronics PLC	$0	–	-225,108	–	-1.55%	–
BLOX	Exit	Infoblox Inc	$0	–	-483,403	–	-1.57%	–
ABMD	Exit	Abiomed Inc.	$0	–	-85,726	–	-1.62%	–
TYPE	Exit	Monotype Imaging Holdings Inc.	$0	–	-388,101	–	-1.65%	–
MKTO	Exit	Marketo Inc.	$0	–	-306,490	–	-1.84%	–

Q2 2016

			Value		Shares		↓ Weighting
MDCA	New	MDC Partners Inc.	$24,574,000	–	1,343,569	–	4.24%	–
WAGE	New	WageWorks, Inc.	$17,098,000	–	285,871	–	2.95%	–
AMAG	New	Amag Pharmaceuticals Inc	$17,026,000	–	711,772	–	2.94%	–
CYNO	New	Cynosure INC	$16,946,000	–	348,360	–	2.93%	–
CALD	New	Callidus Software, Inc.	$16,619,000	–	831,780	–	2.87%	–
APOG	New	Apogee Enterprises, Inc.	$16,564,000	–	357,364	–	2.86%	–
CAMP	New	Calamp Corp	$16,472,000	–	1,112,201	–	2.84%	–
PFPT	New	Proofpoint, Inc.	$15,097,000	–	239,287	–	2.61%	–
CSOD	New	Cornerstone ONDE	$13,817,000	–	363,041	–	2.39%	–
ACXM	New	Acxiom Corp.	$13,810,000	–	627,998	–	2.38%	–
FRGI	New	Fiesta Restaurant Group	$13,656,000	–	626,152	–	2.36%	–
ASGN	New	On Assignment Inc.	$13,312,000	–	360,279	–	2.30%	–
HURN	New	Huron Consulting Group	$13,296,000	–	220,063	–	2.30%	–
JACK	New	Jack In The Box Inc.	$12,659,000	–	147,332	–	2.19%	–
CAVM	New	Cavium Networks Inc	$11,967,000	–	310,037	–	2.07%	–
GMED	New	Globus Medical Inc	$11,670,000	–	489,734	–	2.02%	–
LHO	New	LaSalle Hotel Properties	$11,557,000	–	490,133	–	2.00%	–
BERY	New	Berry Plastics Group Inc.	$11,430,000	–	294,216	–	1.97%	–
CSU	New	Capital Senior Living Corp.	$11,379,000	–	643,958	–	1.96%	–
MTZ	New	MasTec, Inc.	$11,318,000	–	507,063	–	1.96%	–
AMN	New	AMN Healthcare Services, Inc.	$11,126,000	–	278,365	–	1.92%	–
PRFT	New	Perficient Inc.	$11,014,000	–	542,314	–	1.90%	–
FLML	New	Flamel Technologies (ADR)	$10,910,000	–	1,015,841	–	1.88%	–
IART	New	Integra Life Sciences	$10,714,000	–	134,293	–	1.85%	–
MKTO	New	Marketo Inc.	$10,672,000	–	306,490	–	1.84%	–
CORE	New	Core-Mark Holding Company, Inc	$10,634,000	–	226,932	–	1.84%	–
PDFS	New	PDF Solutions Inc.	$10,428,000	–	745,381	–	1.80%	–
DLX	New	Deluxe Corp	$10,236,000	–	154,219	–	1.77%	–
MOH	New	Molina Healthcare Inc	$9,822,000	–	196,830	–	1.70%	–
WTFC	New	Wintrust Financial Corporation	$9,709,000	–	190,374	–	1.68%	–
TYPE	New	Monotype Imaging Holdings Inc.	$9,559,000	–	388,101	–	1.65%	–
ABMD	New	Abiomed Inc.	$9,369,000	–	85,726	–	1.62%	–
PBH	New	Prestige Brands Holdings Inc.	$9,260,000	–	167,154	–	1.60%	–
BLOX	New	Infoblox Inc	$9,069,000	–	483,403	–	1.57%	–
CATM	New	Cardtronics PLC	$8,962,000	–	225,108	–	1.55%	–
SWFT	New	Swift Transportation Inc.	$8,022,000	–	520,564	–	1.38%	–
FEYE	New	Fireeye Inc.	$7,733,000	–	469,516	–	1.34%	–
MMS	New	Maximus, Inc.	$7,513,000	–	135,679	–	1.30%	–
MNRO	New	Monro Muffler Brake Inc.	$7,337,000	–	115,427	–	1.27%	–
WLH	New	William Lyon Homes	$7,234,000	–	448,742	–	1.25%	–
LGND	New	Ligand Pharmaceuticals Inc.	$7,033,000	–	58,969	–	1.22%	–
SHOO	New	Steve Madden Ltd.	$6,194,000	–	181,205	–	1.07%	–
SUPN	New	Supernus Phamraceutical Inc	$5,868,000	–	288,092	–	1.01%	–
LITE	New	Lumentum Holdings Inc.	$5,202,000	–	214,963	–	0.90%	–
BDSI	New	Biodelivery Sciences Intl.	$5,194,000	–	2,200,689	–	0.90%	–
CRZO	New	Carrizo Oil & Gas Inc.	$4,742,000	–	132,272	–	0.82%	–
LXRX	New	Lexicon Pharmaceuticals	$4,130,000	–	287,809	–	0.71%	–
WIFI	New	Boingo Wireless Inc.	$2,401,000	–	269,208	–	0.42%	–
	New	InContact Inc. 2.5% due 4/2/20cvbond	$2,391,000	–	2,000,000	–	0.41%	–
	New	Calamp Corp. 1.625% due 5/15/2cvbond	$2,319,000	–	2,500,000	–	0.40%	–
MPW	New	Medical Properties Trust Inc.	$2,107,000	–	138,547	–	0.36%	–
DHIL	New	Diamond Hill Investment Group,	$2,019,000	–	10,716	–	0.35%	–
CSV	New	Carriage Services Inc.	$1,995,000	–	84,242	–	0.34%	–
	New	ServiceSource International, Icvbond	$1,994,000	–	2,250,000	–	0.34%	–
BEAT	New	BioTelemetry, Inc.	$1,934,000	–	118,653	–	0.33%	–
	New	Proofpoint Inc. 0.75% due 6/15cvbond	$1,878,000	–	1,750,000	–	0.32%	–
VASC	New	Vascular Solutions	$1,774,000	–	42,579	–	0.31%	–
NYCBPRU	New	NY Community Cap Trust V 6%cvpfd	$1,766,000	–	35,000	–	0.30%	–
TANNL	New	TravelCenters of America 8%prd	$1,759,000	–	70,000	–	0.30%	–
NEO	New	Neogenomics, Inc.	$1,685,000	–	209,538	–	0.29%	–
SNAK	New	Inventure Foods Inc.	$1,660,000	–	212,506	–	0.29%	–
	New	Pros Holding Inc 2% due 12/1/2cvbond	$1,598,000	–	1,790,000	–	0.28%	–
SAAS	New	In Contact Inc.	$1,497,000	–	108,109	–	0.26%	–
	New	Hercules II 6/30/29 6.5%cvbond	$1,468,000	–	1,769,000	–	0.25%	–
BBW	New	Build-A-Bear Workshop Inc.	$1,383,000	–	103,058	–	0.24%	–
AATRL	New	AMG Capital 5.15%cvpfd	$1,366,000	–	25,000	–	0.24%	–
TPC	New	Tutor Perini Corp.	$1,325,000	–	56,281	–	0.23%	–
	New	Fireeye Inc. 1.625% due 6/1/20cvbond	$1,323,000	–	1,500,000	–	0.23%	–
AFFT	New	AmTrust Financial Services 7.5prd	$1,295,000	–	50,000	–	0.22%	–
XBI	New	SPDR S&P 500 Biotech	$1,236,000	–	22,852	–	0.21%	–
SQBG	New	Sequential Brands Group Inc	$1,234,000	–	154,625	–	0.21%	–
CCRN	New	Cross Country Healthcare Inc	$1,224,000	–	87,915	–	0.21%	–
MRTN	New	Marten Transport LTD	$1,176,000	–	59,387	–	0.20%	–
WTFCM	New	Wintrust Financial Group 6.5%prd	$1,138,000	–	40,000	–	0.20%	–
BCC	New	Boise Cascade Company	$1,132,000	–	49,339	–	0.20%	–
TYFDL	New	Tyson Foods Inc 4.75%cvpfd	$1,108,000	–	15,000	–	0.19%	–
ETH	New	Ethan Allen Interiors	$1,093,000	–	33,078	–	0.19%	–
PZN	New	Pzena Investment Management, I	$1,010,000	–	132,704	–	0.17%	–
EVC	New	Entravision	$991,000	–	147,485	–	0.17%	–
RGEN	New	Repligen Corp.	$958,000	–	35,023	–	0.16%	–
CRAI	New	C R A International, Inc.	$905,000	–	35,877	–	0.16%	–
CXW	New	Corrections Corporation of Ame	$875,000	–	25,000	–	0.15%	–
	New	Aegerion Pharmaceuticals 2% ducvbond	$855,000	–	1,500,000	–	0.15%	–
SPNE	New	SeaSpine Holdings Corp	$673,000	–	64,178	–	0.12%	–
SKIS	New	Peak Resorts Inc	$616,000	–	135,000	–	0.11%	–
PPX	New	PPL Corp. 5.9%prd	$538,000	–	20,000	–	0.09%	–
CORT	New	Corcept Therapeutics Inc.	$527,000	–	96,575	–	0.09%	–
	New	Huron Consulting Group I 1.25%cvbond	$508,000	–	500,000	–	0.09%	–
UBA	New	Urstadt Biddle Properties	$450,000	–	18,140	–	0.08%	–
TBT	New	Proshares Ultrashort Barclays	$444,000	–	14,000	–	0.08%	–
TAL	New	Tal International Group, Inc.	$423,000	–	31,540	–	0.07%	–
DPRX	New	Dipexium Pharmaceuticals Inc.	$385,000	–	38,833	–	0.07%	–
DVAX	New	Dynavax Technology	$317,000	–	21,753	–	0.06%	–
PTQEP	New	PetroQuest Energy 6.875%cvpfd	$280,000	–	40,000	–	0.05%	–
TTPH	New	Tetraphase Pharma	$277,000	–	64,369	–	0.05%	–
ARWR	New	Arrowhead Pharmaceuticals, Inc	$261,000	–	49,147	–	0.04%	–
USBPRNCL	New	US Bancorp 6% Series Gprd	$261,000	–	10,000	–	0.04%	–
FB	New	Facebook Inc.	$220,000	–	1,922	–	0.04%	–
FLIR	New	Flir Systems	$215,000	–	6,957	–	0.04%	–
AEM	New	Agnico-Eagle Mines LTD	$208,000	–	3,887	–	0.04%	–
NEM	New	Newmont Mining Corp	$205,000	–	5,230	–	0.04%	–
HL	New	Helca Mining co	$134,000	–	26,328	–	0.02%	–
OCLR	New	Oclaro Inc.	$93,000	–	18,984	–	0.02%	–
FTR	New	Frontier Communications Corp	$57,000	–	11,515	–	0.01%	–
ACLS	New	Axcelis Technologies INC	$54,000	–	19,928	–	0.01%	–
PQUEQ	New	PetroQuest Energy Inc.	$33,000	–	10,000	–	0.01%	–

Q4 2015

			Value		Shares		↓ Weighting
ACLS	Exit	Axcelis Technologies INC	$0	–	-26,736	–	-0.02%	–
ATML	Exit	Atmel Corp.	$0	–	-11,568	–	-0.03%	–
NIHD	Exit	NII Holdings Inc	$0	–	-15,563	–	-0.04%	–
PQ	Exit	PetroQuest Energy Inc.	$0	–	-151,048	–	-0.06%	–
LXRX	Exit	Lexicon Pharmaceuticals	$0	–	-17,356	–	-0.07%	–
ARWR	Exit	Arrowhead Research	$0	–	-36,310	–	-0.08%	–
EQIX	Exit	Equinix, Inc.	$0	–	-788	–	-0.08%	–
ODFL	Exit	Old Dominion Freight Line, Inc	$0	–	-3,743	–	-0.08%	–
ADS	Exit	Alliance Data Systems Corp.	$0	–	-1,009	–	-0.09%	–
USBPRNCL	Exit	US Bancorp 6% Series Gprd	$0	–	-10,000	–	-0.09%	–
PSGLQ	Exit	Performance Sports Group Ltd.	$0	–	-19,521	–	-0.09%	–
CORT	Exit	Corcept Therapeutics Inc.	$0	–	-71,306	–	-0.10%	–
HAR	Exit	Harman International	$0	–	-2,813	–	-0.10%	–
DVAX	Exit	Dynavax Technology	$0	–	-11,168	–	-0.10%	–
NEM	Exit	Newmont Mining Corp	$0	–	-17,029	–	-0.10%	–
MNRO	Exit	Monro Muffler Brake Inc.	$0	–	-4,256	–	-0.10%	–
AGN	Exit	Allergan Plc.	$0	–	-1,079	–	-0.10%	–
ALTR	Exit	Altera Corp.	$0	–	-6,100	–	-0.11%	–
DPRX	Exit	Dipexium Pharmaceuticals Inc.	$0	–	-22,570	–	-0.11%	–
IDTI	Exit	Integrated Device Technology,	$0	–	-16,128	–	-0.12%	–
MA	Exit	Mastercard Inc	$0	–	-3,649	–	-0.12%	–
CRM	Exit	Salesforce.com, Inc.	$0	–	-4,822	–	-0.12%	–
UBA	Exit	Urstadt Biddle Properties	$0	–	-18,140	–	-0.12%	–
LNKD	Exit	LinkedIn Corp.	$0	–	-1,809	–	-0.12%	–
AEM	Exit	Agnico-Eagle Mines LTD	$0	–	-13,707	–	-0.12%	–
CAVM	Exit	Cavium Networks Inc	$0	–	-5,837	–	-0.13%	–
DLTR	Exit	Dollar Tree	$0	–	-5,411	–	-0.13%	–
CSGP	Exit	CoStar Group, Inc.	$0	–	-2,148	–	-0.13%	–
TAL	Exit	Tal International Group, Inc.	$0	–	-31,540	–	-0.15%	–
FB	Exit	Facebook Inc.	$0	–	-4,948	–	-0.16%	–
POWR	Exit	PowerSecure International Inc.	$0	–	-40,246	–	-0.17%	–
OSIR	Exit	Osir Therapeutics	$0	–	-26,557	–	-0.18%	–
PPX	Exit	PPL Corp. 5.9%prd	$0	–	-20,000	–	-0.18%	–
	Exit	Huron Consulting Group I 1.25%cvbond	$0	–	-500,000	–	-0.19%	–
CPRK	Exit	CitiGroup Inc. 6.875%prd	$0	–	-20,000	–	-0.19%	–
AATRL	Exit	AMG Capital 5.15%cvpfd	$0	–	-10,000	–	-0.20%	–
VASC	Exit	Vascular Solutions	$0	–	-18,727	–	-0.22%	–
TBT	Exit	Proshares Ultrashort Barclays	$0	–	-14,000	–	-0.22%	–
ETH	Exit	Ethan Allen Interiors	$0	–	-24,346	–	-0.23%	–
PTQEP	Exit	PetroQuest Energy 6.875%cvpfd	$0	–	-40,000	–	-0.24%	–
MRTN	Exit	Marten Transport LTD	$0	–	-43,737	–	-0.25%	–
RGEN	Exit	Repligen Corp.	$0	–	-25,934	–	-0.26%	–
EVRI	Exit	Everi Holdings Inc.	$0	–	-145,049	–	-0.27%	–
NEWP	Exit	Newport Corp	$0	–	-55,593	–	-0.27%	–
EVC	Exit	Entravision	$0	–	-123,518	–	-0.29%	–
NEO	Exit	Neogenomics, Inc.	$0	–	-154,488	–	-0.32%	–
	Exit	Acorda Therapeutics 1.75% duecvbond	$0	–	-1,000,000	–	-0.32%	–
CXW	Exit	Corrections Corporation of Ame	$0	–	-30,621	–	-0.32%	–
SQBG	Exit	Sequential Brand	$0	–	-62,588	–	-0.32%	–
SKIS	Exit	Peak Resorts Inc	$0	–	-135,000	–	-0.33%	–
SPNE	Exit	SeaSpine Holdings Corp	$0	–	-58,459	–	-0.34%	–
TPC	Exit	Tutor Perini Corp.	$0	–	-61,034	–	-0.36%	–
XBI	Exit	SPDR S&P 500 Biotech	$0	–	-16,815	–	-0.37%	–
PGI	Exit	Premiere Global Services Inc.	$0	–	-77,403	–	-0.38%	–
PSCH	Exit	PowerShares S&P SmallCap Healt	$0	–	-17,055	–	-0.40%	–
	Exit	Aegerion Pharmaceuticals 2% ducvbond	$0	–	-1,500,000	–	-0.40%	–
	Exit	ServiceSource International, Icvbond	$0	–	-1,500,000	–	-0.44%	–
AFFT	Exit	AmTrust Financial Services 7.5prd	$0	–	-50,000	–	-0.45%	–
WTFCM	Exit	Wintrust Financial Group 6.5%prd	$0	–	-50,000	–	-0.46%	–
TYFDL	Exit	Tyson Foods Inc 4.75%cvpfd	$0	–	-25,000	–	-0.46%	–
CSV	Exit	Carriage Services Inc.	$0	–	-61,931	–	-0.48%	–
	Exit	Telecommunication System 7.75%cvbond	$0	–	-1,500,000	–	-0.52%	–
MPW	Exit	Medical Properties Trust Inc.	$0	–	-138,547	–	-0.55%	–
	Exit	Hercules II 6/30/29 6.5%cvbond	$0	–	-1,769,000	–	-0.56%	–
PZN	Exit	Pzena Investment Management, I	$0	–	-176,237	–	-0.56%	–
SUPN	Exit	Supernus Phamraceutical Inc	$0	–	-112,455	–	-0.56%	–
SNAK	Exit	Inventure Foods Inc.	$0	–	-184,714	–	-0.59%	–
	Exit	InContact Inc. 2.5% due 4/2/20cvbond	$0	–	-2,000,000	–	-0.59%	–
NYCBPRU	Exit	NY Community Cap Trust V 6%cvpfd	$0	–	-35,000	–	-0.63%	–
TANNL	Exit	TravelCenters of America 8%prd	$0	–	-70,000	–	-0.63%	–
BBW	Exit	Build-A-Bear Workshop Inc.	$0	–	-101,316	–	-0.68%	–
CRZO	Exit	Carrizo Oil & Gas Inc.	$0	–	-65,317	–	-0.71%	–
SAAS	Exit	In Contact Inc.	$0	–	-273,506	–	-0.74%	–
ABMD	Exit	Abiomed Inc.	$0	–	-22,200	–	-0.74%	–
WIFI	Exit	Boingo Wireless Inc.	$0	–	-257,976	–	-0.76%	–
	Exit	Calamp Corp. 1.625% due 5/15/2cvbond	$0	–	-2,500,000	–	-0.80%	–
CATM	Exit	Cardtronics Inc.	$0	–	-69,760	–	-0.82%	–
STKL	Exit	Sunopta Inc.	$0	–	-471,018	–	-0.82%	–
DHIL	Exit	Diamond Hill Investment Group,	$0	–	-13,245	–	-0.88%	–
DECK	Exit	Deckers Outdoor Corp.	$0	–	-44,707	–	-0.93%	–
LGND	Exit	Ligand Pharmaceuticals Inc.	$0	–	-30,991	–	-0.95%	–
BDSI	Exit	Biodelivery Sciences Intl.	$0	–	-485,058	–	-0.96%	–
QLYS	Exit	Qualys Inc.	$0	–	-99,638	–	-1.01%	–
BERY	Exit	Berry Plastics Group Inc.	$0	–	-100,251	–	-1.08%	–
FARO	Exit	Faro Technologies Inc.	$0	–	-89,818	–	-1.12%	–
PDFS	Exit	PDF Solutions Inc.	$0	–	-320,537	–	-1.15%	–
GMED	Exit	Globus Medical Inc	$0	–	-160,284	–	-1.18%	–
CKEC	Exit	Carmike Cinemas Inc.	$0	–	-167,741	–	-1.20%	–
TYPE	Exit	Monotype Imaging Holdings Inc.	$0	–	-160,456	–	-1.25%	–
STE	Exit	Steris Corp	$0	–	-54,518	–	-1.27%	–
PBH	Exit	Prestige Brands Holdings Inc.	$0	–	-82,489	–	-1.33%	–
SWFT	Exit	Swift Transportation Inc.	$0	–	-258,390	–	-1.39%	–
WLH	Exit	William Lyon Homes	$0	–	-189,211	–	-1.39%	–
ACXM	Exit	Acxiom Corp.	$0	–	-197,838	–	-1.40%	–
CYNO	Exit	Cynosure INC	$0	–	-132,822	–	-1.43%	–
PFPT	Exit	Proofpoint, Inc.	$0	–	-68,067	–	-1.47%	–
LHO	Exit	LaSalle Hotel Properties	$0	–	-156,196	–	-1.59%	–
ICLR	Exit	ICON plc	$0	–	-68,016	–	-1.73%	–
CSOD	Exit	Cornerstone ONDE	$0	–	-152,774	–	-1.80%	–
CAKE	Exit	Cheesecake Factory	$0	–	-93,485	–	-1.80%	–
BLOX	Exit	Infoblox Inc	$0	–	-327,299	–	-1.87%	–
AWAY	Exit	Homeaway Inc	$0	–	-198,806	–	-1.89%	–
CSU	Exit	Capital Senior Living Corp.	$0	–	-263,927	–	-1.89%	–
JACK	Exit	Jack In The Box Inc.	$0	–	-68,955	–	-1.90%	–
HURN	Exit	Huron Consulting Group	$0	–	-87,401	–	-1.96%	–
PRFT	Exit	Perficient Inc.	$0	–	-354,671	–	-1.96%	–
APOG	Exit	Apogee Enterprises, Inc.	$0	–	-124,422	–	-1.99%	–
MOH	Exit	Molina Healthcare Inc	$0	–	-81,126	–	-2.00%	–
NTUS	Exit	Natus Medical Inc.	$0	–	-142,101	–	-2.00%	–
MMS	Exit	Maximus, Inc.	$0	–	-100,959	–	-2.15%	–
MKTO	Exit	Marketo Inc.	$0	–	-212,849	–	-2.16%	–
SCS	Exit	Steelcase Inc	$0	–	-328,708	–	-2.16%	–
WAGE	Exit	WageWorks, Inc.	$0	–	-134,829	–	-2.17%	–
FLML	Exit	Flamel Technologies (ADR)	$0	–	-392,820	–	-2.29%	–
ASGN	Exit	On Assignment Inc.	$0	–	-174,490	–	-2.30%	–
CAMP	Exit	Calamp Corp	$0	–	-402,353	–	-2.32%	–
CHUY	Exit	Chuy's Holdings	$0	–	-245,870	–	-2.50%	–
SPSC	Exit	SPS Commerce Inc.	$0	–	-110,817	–	-2.69%	–
CALD	Exit	Callidus Software, Inc.	$0	–	-456,823	–	-2.78%	–
CORE	Exit	Core-Mark Holding Company, Inc	$0	–	-138,458	–	-3.24%	–
MDCA	Exit	MDC Partners Inc.	$0	–	-564,099	–	-3.72%	–

Q3 2015

			Value		Shares		↓ Weighting
MDCA	Buy	MDC Partners Inc.	$10,396,000	+14.0%	564,099	+21.9%	3.72%	+20.6%
CORE	Buy	Core-Mark Holding Company, Inc	$9,062,000	+11.8%	138,458	+1.2%	3.24%	+18.3%
CALD	Sell	Callidus Software, Inc.	$7,761,000	+5.8%	456,823	-3.0%	2.78%	+11.9%
SPSC	Buy	SPS Commerce Inc.	$7,523,000	+5.3%	110,817	+2.0%	2.69%	+11.4%
CHUY	Sell	Chuy's Holdings	$6,983,000	-19.8%	245,870	-24.3%	2.50%	-15.2%
CAMP	Buy	Calamp Corp	$6,474,000	+63.4%	402,353	+85.5%	2.32%	+72.8%
ASGN	Buy	On Assignment Inc.	$6,439,000	+7.9%	174,490	+14.8%	2.30%	+14.1%
FLML	Buy	Flamel Technologies (ADR)	$6,407,000	-21.0%	392,820	+2.6%	2.29%	-16.5%
WAGE	Buy	WageWorks, Inc.	$6,078,000	+26.4%	134,829	+13.4%	2.17%	+33.7%
SCS	Buy	Steelcase Inc	$6,052,000	-1.3%	328,708	+1.4%	2.16%	+4.4%
MKTO	Buy	Marketo Inc.	$6,049,000	+1.9%	212,849	+0.6%	2.16%	+7.8%
MMS	Sell	Maximus, Inc.	$6,013,000	-11.5%	100,959	-2.3%	2.15%	-6.4%
NTUS	Sell	Natus Medical Inc.	$5,606,000	-24.6%	142,101	-18.6%	2.00%	-20.2%
MOH	Buy	Molina Healthcare Inc	$5,586,000	+65.1%	81,126	+68.5%	2.00%	+74.7%
APOG	Buy	Apogee Enterprises, Inc.	$5,555,000	-13.3%	124,422	+2.2%	1.99%	-8.3%
PRFT	Buy	Perficient Inc.	$5,473,000	-15.1%	354,671	+5.8%	1.96%	-10.3%
HURN	Sell	Huron Consulting Group	$5,465,000	-38.9%	87,401	-31.5%	1.96%	-35.3%
JACK	Buy	Jack In The Box Inc.	$5,312,000	-11.5%	68,955	+1.3%	1.90%	-6.4%
CSU	Buy	Capital Senior Living Corp.	$5,292,000	-15.5%	263,927	+3.2%	1.89%	-10.7%
AWAY	New	Homeaway Inc	$5,276,000	–	198,806	–	1.89%	–
BLOX	Buy	Infoblox Inc	$5,230,000	-12.4%	327,299	+43.6%	1.87%	-7.4%
CAKE	Buy	Cheesecake Factory	$5,044,000	+0.3%	93,485	+1.3%	1.80%	+6.1%
CSOD	Sell	Cornerstone ONDE	$5,042,000	-22.7%	152,774	-18.5%	1.80%	-18.3%
ICLR	Sell	ICON plc	$4,827,000	-36.3%	68,016	-39.6%	1.73%	-32.7%
LHO	Buy	LaSalle Hotel Properties	$4,434,000	-18.6%	156,196	+1.6%	1.59%	-13.9%
PFPT	Buy	Proofpoint, Inc.	$4,106,000	-4.2%	68,067	+1.1%	1.47%	+1.2%
CYNO	Buy	Cynosure INC	$3,990,000	-5.7%	132,822	+21.1%	1.43%	-0.2%
ACXM	Sell	Acxiom Corp.	$3,909,000	-11.7%	197,838	-21.4%	1.40%	-6.6%
WLH	New	William Lyon Homes	$3,898,000	–	189,211	–	1.39%	–
SWFT	Buy	Swift Transportation Inc.	$3,881,000	-16.6%	258,390	+25.9%	1.39%	-11.8%
PBH	Sell	Prestige Brands Holdings Inc.	$3,725,000	-20.4%	82,489	-18.5%	1.33%	-15.9%
STE	Buy	Steris Corp	$3,542,000	+1257.1%	54,518	+1244.1%	1.27%	+1339.8%
TYPE	Buy	Monotype Imaging Holdings Inc.	$3,501,000	-8.7%	160,456	+0.9%	1.25%	-3.4%
CKEC	Buy	Carmike Cinemas Inc.	$3,370,000	+2.7%	167,741	+35.7%	1.20%	+8.7%
GMED	New	Globus Medical Inc	$3,311,000	–	160,284	–	1.18%	–
PDFS	Buy	PDF Solutions Inc.	$3,205,000	-35.9%	320,537	+2.6%	1.15%	-32.2%
FARO	Buy	Faro Technologies Inc.	$3,144,000	-24.2%	89,818	+1.2%	1.12%	-19.8%
BERY	Buy	Berry Plastics Group Inc.	$3,015,000	-6.0%	100,251	+1.3%	1.08%	-0.6%
QLYS	Sell	Qualys Inc.	$2,836,000	-33.3%	99,638	-5.5%	1.01%	-29.5%
BDSI	Buy	Biodelivery Sciences Intl.	$2,697,000	-29.3%	485,058	+1.2%	0.96%	-25.3%
LGND	New	Ligand Pharmaceuticals Inc.	$2,654,000	–	30,991	–	0.95%	–
DECK	Sell	Deckers Outdoor Corp.	$2,596,000	-35.1%	44,707	-19.5%	0.93%	-31.4%
DHIL	Sell	Diamond Hill Investment Group,	$2,464,000	-23.2%	13,245	-17.5%	0.88%	-18.7%
STKL	Buy	Sunopta Inc.	$2,289,000	-54.2%	471,018	+1.2%	0.82%	-51.5%
CATM	Sell	Cardtronics Inc.	$2,281,000	-56.9%	69,760	-51.2%	0.82%	-54.4%
	Buy	Calamp Corp. 1.625% due 5/15/2cvbond	$2,234,000	+57.1%	2,500,000	+66.7%	0.80%	+66.1%
WIFI	Sell	Boingo Wireless Inc.	$2,136,000	-2.6%	257,976	-2.8%	0.76%	+3.0%
ABMD	Sell	Abiomed Inc.	$2,059,000	-39.3%	22,200	-57.0%	0.74%	-35.8%
SAAS	Buy	In Contact Inc.	$2,054,000	+17.0%	273,506	+53.8%	0.74%	+23.9%
CRZO	Buy	Carrizo Oil & Gas Inc.	$1,995,000	-37.3%	65,317	+1.1%	0.71%	-33.7%
BBW	Buy	Build-A-Bear Workshop Inc.	$1,914,000	+21.1%	101,316	+2.5%	0.68%	+28.0%
TANNL	Buy	TravelCenters of America 8%prd	$1,760,000	+235.9%	70,000	+250.0%	0.63%	+255.4%
	New	InContact Inc. 2.5% due 4/2/20cvbond	$1,659,000	–	2,000,000	–	0.59%	–
SNAK	Buy	Inventure Foods Inc.	$1,640,000	-12.3%	184,714	+0.2%	0.59%	-7.3%
SUPN	Buy	Supernus Phamraceutical Inc	$1,578,000	-13.8%	112,455	+4.3%	0.56%	-8.9%
PZN	Sell	Pzena Investment Management, I	$1,569,000	-20.8%	176,237	-1.7%	0.56%	-16.3%
	Buy	Hercules II 6/30/29 6.5%cvbond	$1,551,000	+123.2%	1,769,000	+130.0%	0.56%	+136.2%
MPW	Buy	Medical Properties Trust Inc.	$1,532,000	+203.4%	138,547	+259.4%	0.55%	+220.5%
	Buy	Telecommunication System 7.75%cvbond	$1,462,000	+197.2%	1,500,000	+200.0%	0.52%	+215.1%
CSV	Buy	Carriage Services Inc.	$1,337,000	-9.4%	61,931	+0.2%	0.48%	-4.2%
TYFDL	New	Tyson Foods Inc 4.75%cvpfd	$1,281,000	–	25,000	–	0.46%	–
AFFT	New	AmTrust Financial Services 7.5prd	$1,255,000	–	50,000	–	0.45%	–
	New	ServiceSource International, Icvbond	$1,245,000	–	1,500,000	–	0.44%	–
	New	Aegerion Pharmaceuticals 2% ducvbond	$1,121,000	–	1,500,000	–	0.40%	–
PSCH	Sell	PowerShares S&P SmallCap Healt	$1,110,000	-22.5%	17,055	-15.1%	0.40%	-18.0%
PGI	Sell	Premiere Global Services Inc.	$1,064,000	-12.2%	77,403	-34.3%	0.38%	-7.1%
XBI	Buy	SPDR S&P 500 Biotech	$1,047,000	-39.4%	16,815	+145.3%	0.37%	-36.1%
TPC	Buy	Tutor Perini Corp.	$1,005,000	-23.6%	61,034	+0.2%	0.36%	-19.3%
SPNE	New	SeaSpine Holdings Corp	$947,000	–	58,459	–	0.34%	–
CXW	New	Corrections Corporation of Ame	$905,000	–	30,621	–	0.32%	–
SQBG	Sell	Sequential Brand	$906,000	-19.3%	62,588	-14.8%	0.32%	-14.7%
	New	Acorda Therapeutics 1.75% duecvbond	$902,000	–	1,000,000	–	0.32%	–
NEO	Sell	Neogenomics, Inc.	$885,000	-22.0%	154,488	-26.4%	0.32%	-17.4%
EVC	Sell	Entravision	$820,000	-52.2%	123,518	-40.7%	0.29%	-49.5%
NEWP	Buy	Newport Corp	$764,000	-27.4%	55,593	+0.1%	0.27%	-23.3%
EVRI	New	Everi Holdings Inc.	$744,000	–	145,049	–	0.27%	–
RGEN	Buy	Repligen Corp.	$722,000	-32.3%	25,934	+0.3%	0.26%	-28.5%
MRTN	Buy	Marten Transport LTD	$707,000	-1.5%	43,737	+32.1%	0.25%	+4.1%
ETH	Sell	Ethan Allen Interiors	$643,000	-31.2%	24,346	-31.4%	0.23%	-27.2%
TBT	New	Proshares Ultrashort Barclays	$607,000	–	14,000	–	0.22%	–
VASC	Buy	Vascular Solutions	$607,000	-6.5%	18,727	+0.1%	0.22%	-0.9%
	New	Huron Consulting Group I 1.25%cvbond	$521,000	–	500,000	–	0.19%	–
OSIR	Sell	Osir Therapeutics	$491,000	-5.2%	26,557	-0.1%	0.18%	+0.6%
POWR	New	PowerSecure International Inc.	$464,000	–	40,246	–	0.17%	–
TAL	Buy	Tal International Group, Inc.	$431,000	+108.2%	31,540	+382.3%	0.15%	+120.0%
DLTR	New	Dollar Tree	$361,000	–	5,411	–	0.13%	–
CAVM	Buy	Cavium Networks Inc	$358,000	+9.1%	5,837	+22.5%	0.13%	+15.3%
AEM	Buy	Agnico-Eagle Mines LTD	$347,000	-4.7%	13,707	+6.9%	0.12%	+0.8%
UBA	Sell	Urstadt Biddle Properties	$340,000	-35.4%	18,140	-35.5%	0.12%	-31.5%
IDTI	Buy	Integrated Device Technology,	$327,000	-0.3%	16,128	+6.8%	0.12%	+5.4%
DPRX	New	Dipexium Pharmaceuticals Inc.	$316,000	–	22,570	–	0.11%	–
ALTR	New	Altera Corp.	$305,000	–	6,100	–	0.11%	–
AGN	Sell	Allergan Plc.	$293,000	-48.2%	1,079	-42.1%	0.10%	-45.0%
MNRO	Sell	Monro Muffler Brake Inc.	$287,000	-92.1%	4,256	-92.7%	0.10%	-91.6%
DVAX	New	Dynavax Technology	$274,000	–	11,168	–	0.10%	–
NEM	New	Newmont Mining Corp	$274,000	–	17,029	–	0.10%	–
HAR	New	Harman International	$270,000	–	2,813	–	0.10%	–
CORT	New	Corcept Therapeutics Inc.	$268,000	–	71,306	–	0.10%	–
PSGLQ	New	Performance Sports Group Ltd.	$262,000	–	19,521	–	0.09%	–
ARWR	Buy	Arrowhead Research	$209,000	-19.3%	36,310	+0.3%	0.08%	-14.8%
LXRX	Sell	Lexicon Pharmaceuticals	$186,000	-37.6%	17,356	-53.1%	0.07%	-33.7%
PQ	Buy	PetroQuest Energy Inc.	$177,000	-40.8%	151,048	+0.1%	0.06%	-37.6%
ATML	New	Atmel Corp.	$93,000	–	11,568	–	0.03%	–
ACLS	New	Axcelis Technologies INC	$71,000	–	26,736	–	0.02%	–
ICPT	Exit	Intercept Group	$0	–	-1,074	–	-0.09%	–
ANN	Exit	Ann Taylor	$0	–	-5,692	–	-0.09%	–
LULU	Exit	Lululemon Athletica Inc	$0	–	-4,470	–	-0.10%	–
BOFI	Exit	Bofi Holding Inc.	$0	–	-2,930	–	-0.10%	–
MBBYF	Exit	Mobileye LN	$0	–	-6,761	–	-0.12%	–
ISRG	Exit	Intuigive Surgical	$0	–	-758	–	-0.12%	–
JAZZ	Exit	Jazz Pharmaceuticals PLC	$0	–	-2,204	–	-0.13%	–
TW	Exit	Towers Watson & Co.	$0	–	-3,347	–	-0.14%	–
BABA	Exit	Alibaba Group (ADR)	$0	–	-5,162	–	-0.14%	–
PNCPRQ	Exit	PNC Financial 5.375%prd	$0	–	-20,000	–	-0.16%	–
AAPL	Exit	Apple Inc.	$0	–	-3,872	–	-0.16%	–
QLTY	Exit	Quality Distribution	$0	–	-32,197	–	-0.17%	–
LQ	Exit	La Qutina Holdings	$0	–	-21,823	–	-0.17%	–
	Exit	Huron Consulting Group I 1.25%cvbond	$0	–	-500,000	–	-0.18%	–
EXL	Exit	Excel Trust Inc	$0	–	-35,000	–	-0.19%	–
SCEPRG	Exit	SCE Trust II 5.1%prd	$0	–	-25,000	–	-0.19%	–
JMBA	Exit	Jamba Inc.	$0	–	-47,917	–	-0.25%	–
MXWL	Exit	Maxwell Technologies Inc.	$0	–	-134,478	–	-0.27%	–
TUBE	Exit	Tubemogul Inc	$0	–	-68,602	–	-0.33%	–
CMLS	Exit	Cumulus Media Inc.	$0	–	-1,092,313	–	-0.75%	–
GBX	Exit	Greenbrier Companies Inc	$0	–	-53,370	–	-0.84%	–
KERX	Exit	Keryx Biopharma	$0	–	-251,137	–	-0.85%	–

Q2 2015

			Value		Shares		↓ Weighting
MDCA	New	MDC Partners Inc.	$9,118,000	–	462,848	–	3.08%	–
HURN	New	Huron Consulting Group	$8,938,000	–	127,521	–	3.02%	–
CHUY	New	Chuy's Holdings	$8,702,000	–	324,827	–	2.94%	–
FLML	New	Flamel Technologies (ADR)	$8,111,000	–	382,763	–	2.74%	–
CORE	New	Core-Mark Holding Company, Inc	$8,104,000	–	136,779	–	2.74%	–
ICLR	New	ICON plc	$7,582,000	–	112,659	–	2.56%	–
NTUS	New	Natus Medical Inc.	$7,433,000	–	174,658	–	2.51%	–
CALD	New	Callidus Software, Inc.	$7,335,000	–	470,786	–	2.48%	–
SPSC	New	SPS Commerce Inc.	$7,146,000	–	108,598	–	2.42%	–
MMS	New	Maximus, Inc.	$6,791,000	–	103,324	–	2.30%	–
CSOD	New	Cornerstone ONDE	$6,525,000	–	187,513	–	2.21%	–
PRFT	New	Perficient Inc.	$6,449,000	–	335,176	–	2.18%	–
APOG	New	Apogee Enterprises, Inc.	$6,406,000	–	121,704	–	2.17%	–
CSU	New	Capital Senior Living Corp.	$6,266,000	–	255,752	–	2.12%	–
SCS	New	Steelcase Inc	$6,129,000	–	324,131	–	2.07%	–
JACK	New	Jack In The Box Inc.	$6,003,000	–	68,093	–	2.03%	–
BLOX	New	Infoblox Inc	$5,973,000	–	227,894	–	2.02%	–
ASGN	New	On Assignment Inc.	$5,968,000	–	151,937	–	2.02%	–
MKTO	New	Marketo Inc.	$5,935,000	–	211,523	–	2.01%	–
LHO	New	LaSalle Hotel Properties	$5,450,000	–	153,686	–	1.84%	–
CATM	New	Cardtronics Inc.	$5,297,000	–	142,979	–	1.79%	–
CAKE	New	Cheesecake Factory	$5,031,000	–	92,252	–	1.70%	–
PDFS	New	PDF Solutions Inc.	$4,999,000	–	312,424	–	1.69%	–
STKL	New	Sunopta Inc.	$4,996,000	–	465,656	–	1.69%	–
WAGE	New	WageWorks, Inc.	$4,809,000	–	118,886	–	1.63%	–
PBH	New	Prestige Brands Holdings Inc.	$4,682,000	–	101,258	–	1.58%	–
SWFT	New	Swift Transportation Inc.	$4,654,000	–	205,302	–	1.57%	–
ACXM	New	Acxiom Corp.	$4,427,000	–	251,806	–	1.50%	–
PFPT	New	Proofpoint, Inc.	$4,287,000	–	67,331	–	1.45%	–
QLYS	New	Qualys Inc.	$4,253,000	–	105,391	–	1.44%	–
CYNO	New	Cynosure INC	$4,230,000	–	109,655	–	1.43%	–
FARO	New	Faro Technologies Inc.	$4,146,000	–	88,774	–	1.40%	–
DECK	New	Deckers Outdoor Corp.	$3,997,000	–	55,542	–	1.35%	–
CAMP	New	Calamp Corp	$3,962,000	–	216,955	–	1.34%	–
TYPE	New	Monotype Imaging Holdings Inc.	$3,833,000	–	158,963	–	1.30%	–
BDSI	New	Biodelivery Sciences Intl.	$3,817,000	–	479,517	–	1.29%	–
MNRO	New	Monro Muffler Brake Inc.	$3,622,000	–	58,262	–	1.22%	–
ABMD	New	Abiomed Inc.	$3,390,000	–	51,579	–	1.15%	–
MOH	New	Molina Healthcare Inc	$3,384,000	–	48,138	–	1.14%	–
CKEC	New	Carmike Cinemas Inc.	$3,281,000	–	123,618	–	1.11%	–
BERY	New	Berry Plastics Group Inc.	$3,207,000	–	98,968	–	1.08%	–
DHIL	New	Diamond Hill Investment Group,	$3,207,000	–	16,064	–	1.08%	–
CRZO	New	Carrizo Oil & Gas Inc.	$3,180,000	–	64,575	–	1.08%	–
KERX	New	Keryx Biopharma	$2,506,000	–	251,137	–	0.85%	–
GBX	New	Greenbrier Companies Inc	$2,500,000	–	53,370	–	0.84%	–
CMLS	New	Cumulus Media Inc.	$2,217,000	–	1,092,313	–	0.75%	–
WIFI	New	Boingo Wireless Inc.	$2,193,000	–	265,448	–	0.74%	–
PZN	New	Pzena Investment Management, I	$1,980,000	–	179,207	–	0.67%	–
SNAK	New	Inventure Foods Inc.	$1,871,000	–	184,348	–	0.63%	–
SUPN	New	Supernus Phamraceutical Inc	$1,830,000	–	107,778	–	0.62%	–
NYCBPRU	New	NY Community Cap Trust V 6%cvpfd	$1,790,000	–	35,000	–	0.60%	–
SAAS	New	In Contact Inc.	$1,755,000	–	177,857	–	0.59%	–
XBI	New	SPDR S&P 500 Biotech	$1,729,000	–	6,855	–	0.58%	–
EVC	New	Entravision	$1,714,000	–	208,312	–	0.58%	–
BBW	New	Build-A-Bear Workshop Inc.	$1,581,000	–	98,857	–	0.54%	–
CSV	New	Carriage Services Inc.	$1,476,000	–	61,801	–	0.50%	–
PSCH	New	PowerShares S&P SmallCap Healt	$1,432,000	–	20,088	–	0.48%	–
	New	Calamp Corp. 1.625% due 5/15/2cvbond	$1,422,000	–	1,500,000	–	0.48%	–
TPC	New	Tutor Perini Corp.	$1,315,000	–	60,925	–	0.44%	–
WTFCM	New	Wintrust Financial Group 6.5%prd	$1,232,000	–	50,000	–	0.42%	–
PGI	New	Premiere Global Services Inc.	$1,212,000	–	117,791	–	0.41%	–
NEO	New	Neogenomics, Inc.	$1,135,000	–	209,780	–	0.38%	–
SQBG	New	Sequential Brand	$1,123,000	–	73,464	–	0.38%	–
RGEN	New	Repligen Corp.	$1,067,000	–	25,865	–	0.36%	–
NEWP	New	Newport Corp	$1,053,000	–	55,529	–	0.36%	–
PTQEP	New	PetroQuest Energy 6.875%cvpfd	$1,040,000	–	40,000	–	0.35%	–
TUBE	New	Tubemogul Inc	$980,000	–	68,602	–	0.33%	–
SKIS	New	Peak Resorts Inc	$967,000	–	135,000	–	0.33%	–
ETH	New	Ethan Allen Interiors	$935,000	–	35,503	–	0.32%	–
MXWL	New	Maxwell Technologies Inc.	$803,000	–	134,478	–	0.27%	–
JMBA	New	Jamba Inc.	$742,000	–	47,917	–	0.25%	–
MRTN	New	Marten Transport LTD	$718,000	–	33,104	–	0.24%	–
	New	Hercules II 6/30/29 6.5%cvbond	$695,000	–	769,000	–	0.24%	–
VASC	New	Vascular Solutions	$649,000	–	18,703	–	0.22%	–
AATRL	New	AMG Capital 5.15%cvpfd	$602,000	–	10,000	–	0.20%	–
SCEPRG	New	SCE Trust II 5.1%prd	$571,000	–	25,000	–	0.19%	–
AGN	New	Allergan Plc.	$566,000	–	1,864	–	0.19%	–
EXL	New	Excel Trust Inc	$552,000	–	35,000	–	0.19%	–
	New	Huron Consulting Group I 1.25%cvbond	$545,000	–	500,000	–	0.18%	–
CPRK	New	CitiGroup Inc. 6.875%prd	$533,000	–	20,000	–	0.18%	–
UBA	New	Urstadt Biddle Properties	$526,000	–	28,140	–	0.18%	–
TANNL	New	Travelcenters of America 8%prd	$524,000	–	20,000	–	0.18%	–
OSIR	New	Osir Therapeutics	$518,000	–	26,596	–	0.18%	–
MPW	New	Medical Properties Trust Inc.	$505,000	–	38,547	–	0.17%	–
LQ	New	La Qutina Holdings	$499,000	–	21,823	–	0.17%	–
QLTY	New	Quality Distribution	$498,000	–	32,197	–	0.17%	–
PPX	New	PPL Corp. 5.9%prd	$495,000	–	20,000	–	0.17%	–
	New	Telecommunication System 7.75%cvbond	$492,000	–	500,000	–	0.17%	–
AAPL	New	Apple Inc.	$486,000	–	3,872	–	0.16%	–
PNCPRQ	New	PNC Financial 5.375%prd	$483,000	–	20,000	–	0.16%	–
CSGP	New	CoStar Group, Inc.	$432,000	–	2,148	–	0.15%	–
BABA	New	Alibaba Group (ADR)	$425,000	–	5,162	–	0.14%	–
FB	New	Facebook Inc.	$424,000	–	4,948	–	0.14%	–
TW	New	Towers Watson & Co.	$421,000	–	3,347	–	0.14%	–
JAZZ	New	Jazz Pharmaceuticals PLC	$388,000	–	2,204	–	0.13%	–
LNKD	New	LinkedIn Corp.	$374,000	–	1,809	–	0.13%	–
ISRG	New	Intuigive Surgical	$367,000	–	758	–	0.12%	–
AEM	New	Agnico-Eagle Mines LTD	$364,000	–	12,818	–	0.12%	–
MBBYF	New	Mobileye LN	$359,000	–	6,761	–	0.12%	–
MA	New	Mastercard Inc	$341,000	–	3,649	–	0.12%	–
CRM	New	Salesforce.com, Inc.	$336,000	–	4,822	–	0.11%	–
IDTI	New	Integrated Device Technology,	$328,000	–	15,100	–	0.11%	–
CAVM	New	Cavium Networks Inc	$328,000	–	4,763	–	0.11%	–
BOFI	New	Bofi Holding Inc.	$310,000	–	2,930	–	0.10%	–
LXRX	New	Lexicon Pharmaceuticals	$298,000	–	37,039	–	0.10%	–
PQ	New	PetroQuest Energy Inc.	$299,000	–	150,829	–	0.10%	–
ADS	New	Alliance Data Systems Corp.	$295,000	–	1,009	–	0.10%	–
LULU	New	Lululemon Athletica Inc	$292,000	–	4,470	–	0.10%	–
ANN	New	Ann Taylor	$275,000	–	5,692	–	0.09%	–
USBPRNCL	New	US Bancorp 6% Series Gprd	$266,000	–	10,000	–	0.09%	–
ARWR	New	Arrowhead Research	$259,000	–	36,201	–	0.09%	–
ICPT	New	Intercept Group	$259,000	–	1,074	–	0.09%	–
STE	New	Steris Corp	$261,000	–	4,056	–	0.09%	–
ODFL	New	Old Dominion Freight Line, Inc	$257,000	–	3,743	–	0.09%	–
NIHD	New	NII Holdings Inc.	$245,000	–	15,563	–	0.08%	–
TAL	New	Tal International Group, Inc.	$207,000	–	6,540	–	0.07%	–
EQIX	New	Equinix, Inc.	$200,000	–	788	–	0.07%	–

Q4 2014

			Value		Shares		↓ Weighting
GLUU	Exit	Glu Mobile	$0	–	-12,257	–	-0.05%	–
ATML	Exit	Atmel Corp.	$0	–	-13,350	–	-0.09%	–
GOOG	Exit	Google Inc. Class C	$0	–	-356	–	-0.17%	–
TBT	Exit	Proshares Ultrashort Barclays	$0	–	-4,000	–	-0.19%	–
TAL	Exit	Tal International Group, Inc.	$0	–	-6,540	–	-0.23%	–
USBPRNCL	Exit	US Bancorp 6% Series Gprd	$0	–	-10,000	–	-0.23%	–
BAGL	Exit	Einstein Noah Restaurant Grp	$0	–	-15,000	–	-0.26%	–
HUBG	Exit	Hub Group, Inc.	$0	–	-8,784	–	-0.30%	–
VMC	Exit	Vulcan Materials Company	$0	–	-5,962	–	-0.30%	–
EXL	Exit	Excel Trust Inc	$0	–	-35,000	–	-0.35%	–
PNCPRQ	Exit	PNC Financial 5.375%prd	$0	–	-20,000	–	-0.38%	–
STTPRCCL	Exit	State Street Corp 5.25%prd	$0	–	-20,000	–	-0.39%	–
CMLS	Exit	Cumulus Media Inc.	$0	–	-114,725	–	-0.39%	–
NCS	Exit	NCI Buildings Systems	$0	–	-24,154	–	-0.40%	–
DUKH	Exit	Duke Energy Corp. 5.125%prd	$0	–	-20,000	–	-0.41%	–
	Exit	Huron Consulting Group I 1.25%cvbond	$0	–	-500,000	–	-0.41%	–
PPX	Exit	PPL Corp. 5.9%prd	$0	–	-20,000	–	-0.41%	–
NYCBPRU	Exit	NY Community Cap Trust V 6%cvpfd	$0	–	-10,000	–	-0.42%	–
ODFL	Exit	Old Dominion Freight Line, Inc	$0	–	-7,433	–	-0.44%	–
ADS	Exit	Alliance Data Systems Corp.	$0	–	-2,116	–	-0.44%	–
CPRK	Exit	CitiGroup Inc. 6.875%prd	$0	–	-20,000	–	-0.44%	–
AEM	Exit	Agnico-Eagle Mines LTD	$0	–	-18,280	–	-0.45%	–
WIRE	Exit	Encore Wire Corp.	$0	–	-14,429	–	-0.45%	–
WFTIQ	Exit	Weatherford International PLC	$0	–	-25,826	–	-0.45%	–
SCEPRG	Exit	SCE Trust II 5.1%prd	$0	–	-25,000	–	-0.46%	–
MA	Exit	Mastercard Inc	$0	–	-7,476	–	-0.47%	–
BERY	Exit	Berry Plastics Group Inc.	$0	–	-22,534	–	-0.48%	–
LUV	Exit	Southwest Airlines	$0	–	-16,922	–	-0.48%	–
CRZO	Exit	Carrizo Oil & Gas Inc.	$0	–	-10,615	–	-0.48%	–
UBA	Exit	Urstadt Biddle Properties	$0	–	-28,140	–	-0.48%	–
EVC	Exit	Entravision	$0	–	-146,318	–	-0.49%	–
MPW	Exit	Medical Properties Trust Inc.	$0	–	-47,300	–	-0.49%	–
CSGP	Exit	CoStar Group, Inc.	$0	–	-3,799	–	-0.50%	–
JAZZ	Exit	Jazz Pharmaceuticals PLC	$0	–	-3,748	–	-0.51%	–
FLIR	Exit	Flir Systems	$0	–	-19,348	–	-0.51%	–
PODD	Exit	Insulet Corp.	$0	–	-16,531	–	-0.51%	–
AA	Exit	Alcoa, Inc.	$0	–	-38,221	–	-0.52%	–
APOG	Exit	Apogee Enterprises, Inc.	$0	–	-15,525	–	-0.52%	–
AATRL	Exit	AMG Capital 5.15%cvpfd	$0	–	-10,000	–	-0.52%	–
WIFI	Exit	Boingo Wireless Inc.	$0	–	-87,040	–	-0.52%	–
ASGN	Exit	On Assignment Inc.	$0	–	-23,382	–	-0.53%	–
PTQEP	Exit	PetroQuest Energy 6.875%cvpfd	$0	–	-15,000	–	-0.54%	–
TEAR	Exit	Tearlab Corp	$0	–	-191,726	–	-0.55%	–
AKS	Exit	AK Steel Holding Corp	$0	–	-81,713	–	-0.55%	–
BLOX	Exit	Infoblox Inc	$0	–	-44,951	–	-0.56%	–
CAKE	Exit	Cheesecake Factory	$0	–	-14,639	–	-0.56%	–
AIG	Exit	American International	$0	–	-12,487	–	-0.57%	–
UFPT	Exit	UFP Technologies Inc.	$0	–	-31,381	–	-0.58%	–
ETH	Exit	Ethan Allen Interiors	$0	–	-30,323	–	-0.58%	–
RGEN	Exit	Repligen Corp.	$0	–	-34,830	–	-0.58%	–
	Exit	Hercules II 6/30/29 6.5%cvbond	$0	–	-769,000	–	-0.59%	–
CATM	Exit	Cardtronics Inc.	$0	–	-20,158	–	-0.60%	–
MXWL	Exit	Maxwell Technologies Inc.	$0	–	-83,531	–	-0.62%	–
SCS	Exit	Steelcase Inc	$0	–	-45,193	–	-0.62%	–
LHO	Exit	LaSalle Hotel Properties	$0	–	-22,670	–	-0.66%	–
PBH	Exit	Prestige Brands Holdings Inc.	$0	–	-24,329	–	-0.66%	–
BABA	Exit	Alibaba Group	$0	–	-8,947	–	-0.67%	–
TWTR	Exit	Twitter, Inc.	$0	–	-16,023	–	-0.70%	–
XBI	Exit	SPDR S&P 500 Biotech	$0	–	-5,761	–	-0.76%	–
LQ	Exit	LA Qutina Holdings	$0	–	-47,721	–	-0.76%	–
LNKD	Exit	LinkedIn Corp.	$0	–	-4,377	–	-0.77%	–
PZN	Exit	Pzena Investment Management, I	$0	–	-96,443	–	-0.78%	–
MRTN	Exit	Marten Transport LTD	$0	–	-52,501	–	-0.79%	–
GILD	Exit	Gilead Sciences, Inc.	$0	–	-8,823	–	-0.79%	–
MKTO	Exit	Marketo Inc.	$0	–	-29,819	–	-0.81%	–
ICLR	Exit	ICON plc (ADR)	$0	–	-17,228	–	-0.83%	–
CIRFP	Exit	Continental Airlines Fin Trustcvpfd	$0	–	-20,000	–	-0.85%	–
NEWP	Exit	Newport Corp	$0	–	-57,138	–	-0.85%	–
CSV	Exit	Carriage Services Inc.	$0	–	-59,894	–	-0.88%	–
PSCH	Exit	PowerShares S&P SmallCap Healt	$0	–	-19,701	–	-0.92%	–
B108PS	Exit	Actavis Plc	$0	–	-4,526	–	-0.92%	–
SWFT	Exit	Swift Transportation Co. Inc.	$0	–	-52,511	–	-0.93%	–
QLTY	Exit	Quality Distribution	$0	–	-86,999	–	-0.94%	–
PRLB	Exit	Proto Labs, Inc.	$0	–	-16,472	–	-0.96%	–
ACXM	Exit	Acxiom Corp.	$0	–	-69,664	–	-0.97%	–
MMS	Exit	Maximus, Inc.	$0	–	-29,435	–	-1.00%	–
PQ	Exit	PetroQuest Energy Inc.	$0	–	-236,739	–	-1.12%	–
DXPE	Exit	DXP Enterprises Inc.	$0	–	-18,563	–	-1.16%	–
PRSC	Exit	Providence Service Corp	$0	–	-28,998	–	-1.18%	–
WAGE	Exit	WageWorks, Inc.	$0	–	-31,435	–	-1.21%	–
FB	Exit	Facebook Inc.	$0	–	-18,276	–	-1.22%	–
MGAM	Exit	Multimedia Games, Inc.	$0	–	-40,402	–	-1.23%	–
PRFT	Exit	Perficient Inc.	$0	–	-97,595	–	-1.24%	–
PDFS	Exit	PDF Solutions Inc.	$0	–	-116,744	–	-1.24%	–
DECK	Exit	Deckers Outdoor Corp.	$0	–	-15,261	–	-1.25%	–
SPSC	Exit	SPS Commerce Inc.	$0	–	-28,333	–	-1.27%	–
TNGO	Exit	Tangoe Inc.	$0	–	-113,295	–	-1.30%	–
CALD	Exit	Callidus Software, Inc.	$0	–	-127,732	–	-1.30%	–
CSU	Exit	Capital Senior Living Corp.	$0	–	-73,839	–	-1.32%	–
ABMD	Exit	Abiomed Inc.	$0	–	-67,415	–	-1.41%	–
ANN	Exit	Ann Taylor	$0	–	-41,091	–	-1.43%	–
STKL	Exit	Sunopta Inc.	$0	–	-145,254	–	-1.48%	–
SAAS	Exit	In Contact Inc.	$0	–	-202,735	–	-1.49%	–
MNRO	Exit	Monro Muffler Brake Inc.	$0	–	-36,663	–	-1.50%	–
PGI	Exit	Premiere Global Services Inc.	$0	–	-152,818	–	-1.54%	–
DHX	Exit	Dice Holdings Inc	$0	–	-220,878	–	-1.56%	–
ARCB	Exit	ArcBest Corp. (old)	$0	–	-52,594	–	-1.66%	–
TPC	Exit	Tutor Perini Corp.	$0	–	-78,748	–	-1.76%	–
BDSI	Exit	Biodelivery Sciences Intl.	$0	–	-125,290	–	-1.81%	–
CORE	Exit	Core-Mark Holding Company, Inc	$0	–	-41,156	–	-1.84%	–
TYPE	Exit	Monotype Imaging Holdings Inc.	$0	–	-83,231	–	-1.99%	–
BBW	Exit	Build-A-Bear Workshop Inc.	$0	–	-181,069	–	-2.00%	–
JACK	Exit	Jack In The Box Inc.	$0	–	-34,777	–	-2.00%	–
JMBA	Exit	Jamba Inc.	$0	–	-181,913	–	-2.18%	–
QLYS	Exit	Qualys Inc.	$0	–	-101,099	–	-2.27%	–
HURN	Exit	Huron Consulting Group	$0	–	-45,489	–	-2.34%	–
DHIL	Exit	Diamond Hill Investment Group,	$0	–	-23,811	–	-2.47%	–
NTUS	Exit	Natus Medical Inc.	$0	–	-110,232	–	-2.75%	–
PFPT	Exit	Proofpoint, Inc.	$0	–	-94,109	–	-2.95%	–
MDCA	Exit	MDC Partners Inc.	$0	–	-202,227	–	-3.28%	–

Q3 2014

			Value		Shares		↓ Weighting
MDCA	Buy	MDC Partners Inc.	$3,881,000	+14.3%	202,227	+28.0%	3.28%	-4.0%
PFPT	Buy	Proofpoint, Inc.	$3,495,000	+30.5%	94,109	+31.6%	2.95%	+9.6%
NTUS	Buy	Natus Medical Inc.	$3,253,000	+56.2%	110,232	+33.1%	2.75%	+31.1%
DHIL	Buy	Diamond Hill Investment Group,	$2,930,000	+24.8%	23,811	+29.6%	2.47%	+4.8%
HURN	Buy	Huron Consulting Group	$2,773,000	+17.2%	45,489	+36.1%	2.34%	-1.6%
QLYS	New	Qualys Inc.	$2,689,000	–	101,099	–	2.27%	–
JMBA	Buy	Jamba Inc.	$2,587,000	+55.9%	181,913	+32.7%	2.18%	+31.0%
JACK	Sell	Jack In The Box Inc.	$2,371,000	+5.2%	34,777	-7.6%	2.00%	-11.7%
BBW	Buy	Build-A-Bear Workshop Inc.	$2,368,000	+60.8%	181,069	+64.3%	2.00%	+35.0%
TYPE	Buy	Monotype Imaging Holdings Inc.	$2,357,000	+29.0%	83,231	+28.3%	1.99%	+8.4%
CORE	Buy	Core-Mark Holding Company, Inc	$2,183,000	+66.3%	41,156	+43.0%	1.84%	+39.6%
BDSI	Buy	Biodelivery Sciences Intl.	$2,141,000	+646.0%	125,290	+426.1%	1.81%	+527.4%
TPC	Buy	Tutor Perini Corp.	$2,079,000	+36.0%	78,748	+63.5%	1.76%	+14.2%
ARCB	Buy	ArcBest Corp. (old)	$1,962,000	+27.2%	52,594	+48.4%	1.66%	+6.8%
DHX	Buy	Dice Holdings Inc	$1,851,000	+99.2%	220,878	+80.9%	1.56%	+67.2%
PGI	Buy	Premiere Global Services Inc.	$1,829,000	+34.4%	152,818	+49.9%	1.54%	+12.9%
MNRO	Sell	Monro Muffler Brake Inc.	$1,779,000	-12.4%	36,663	-4.0%	1.50%	-26.4%
SAAS	Buy	In Contact Inc.	$1,763,000	+60.3%	202,735	+69.3%	1.49%	+34.5%
STKL	Buy	Sunopta Inc.	$1,753,000	-10.7%	145,254	+4.2%	1.48%	-25.0%
ANN	Buy	Ann Taylor	$1,690,000	+27.2%	41,091	+27.2%	1.43%	+6.8%
ABMD	Buy	Abiomed Inc.	$1,674,000	+315.4%	67,415	+320.8%	1.41%	+248.9%
CSU	Buy	Capital Senior Living Corp.	$1,568,000	+42.5%	73,839	+60.0%	1.32%	+19.7%
CALD	Buy	Callidus Software, Inc.	$1,535,000	+63.0%	127,732	+61.8%	1.30%	+36.9%
TNGO	Buy	Tangoe Inc.	$1,535,000	+3.4%	113,295	+15.0%	1.30%	-13.1%
SPSC	Buy	SPS Commerce Inc.	$1,506,000	+36.4%	28,333	+62.2%	1.27%	+14.5%
DECK	Sell	Deckers Outdoor Corp.	$1,483,000	-11.9%	15,261	-21.8%	1.25%	-26.0%
PDFS	Buy	PDF Solutions Inc.	$1,472,000	-22.4%	116,744	+30.5%	1.24%	-34.9%
PRFT	Buy	Perficient Inc.	$1,463,000	+74.6%	97,595	+126.7%	1.24%	+46.7%
MGAM	Buy	Multimedia Games, Inc.	$1,455,000	+102.4%	40,402	+66.5%	1.23%	+69.8%
FB	Buy	Facebook Inc.	$1,445,000	+32.8%	18,276	+13.1%	1.22%	+11.5%
WAGE	Buy	WageWorks, Inc.	$1,431,000	+3.5%	31,435	+9.6%	1.21%	-13.0%
PRSC	Buy	Providence Service Corp	$1,403,000	+227.0%	28,998	+147.6%	1.18%	+174.7%
DXPE	Buy	DXP Enterprises Inc.	$1,368,000	+132.3%	18,563	+138.1%	1.16%	+95.1%
PQ	Buy	PetroQuest Energy Inc.	$1,330,000	+15.2%	236,739	+54.1%	1.12%	-3.3%
MMS	Sell	Maximus, Inc.	$1,181,000	-8.9%	29,435	-2.4%	1.00%	-23.5%
ACXM	Sell	Acxiom Corp.	$1,153,000	-25.4%	69,664	-2.2%	0.97%	-37.3%
PRLB	Sell	Proto Labs, Inc.	$1,137,000	-37.9%	16,472	-26.2%	0.96%	-47.8%
QLTY	Buy	Quality Distribution	$1,112,000	+141.7%	86,999	+181.3%	0.94%	+103.2%
SWFT	Buy	Swift Transportation Co. Inc.	$1,102,000	+66.7%	52,511	+100.5%	0.93%	+40.1%
B108PS	Sell	Actavis Plc	$1,092,000	-19.6%	4,526	-25.7%	0.92%	-32.5%
PSCH	Buy	PowerShares S&P SmallCap Healt	$1,085,000	+109.5%	19,701	+114.4%	0.92%	+75.8%
CSV	Buy	Carriage Services Inc.	$1,038,000	+184.4%	59,894	+181.2%	0.88%	+138.7%
NEWP	Buy	Newport Corp	$1,012,000	+74.8%	57,138	+82.6%	0.85%	+46.7%
MKTO	New	Marketo Inc.	$963,000	–	29,819	–	0.81%	–
GILD	Sell	Gilead Sciences, Inc.	$939,000	-27.9%	8,823	-43.8%	0.79%	-39.5%
MRTN	Buy	Marten Transport LTD	$935,000	+186.8%	52,501	+260.1%	0.79%	+140.5%
PZN	Buy	Pzena Investment Management, I	$921,000	+136.8%	96,443	+176.7%	0.78%	+98.7%
LNKD	New	LinkedIn Corp.	$909,000	–	4,377	–	0.77%	–
LQ	Buy	LA Qutina Holdings	$906,000	+16.8%	47,721	+17.7%	0.76%	-1.9%
XBI	New	SPDR S&P 500 Biotech	$899,000	–	5,761	–	0.76%	–
TWTR	New	Twitter, Inc.	$826,000	–	16,023	–	0.70%	–
BABA	New	Alibaba Group	$795,000	–	8,947	–	0.67%	–
MXWL	New	Maxwell Technologies Inc.	$728,000	–	83,531	–	0.62%	–
RGEN	Buy	Repligen Corp.	$693,000	+145.7%	34,830	+181.4%	0.58%	+106.7%
ETH	Buy	Ethan Allen Interiors	$691,000	+154.0%	30,323	+175.7%	0.58%	+113.6%
UFPT	Buy	UFP Technologies Inc.	$690,000	+158.4%	31,381	+182.8%	0.58%	+117.2%
AIG	Sell	American International	$675,000	-18.3%	12,487	-17.5%	0.57%	-31.3%
BLOX	Sell	Infoblox Inc	$663,000	-54.1%	44,951	-59.1%	0.56%	-61.4%
AKS	Sell	AK Steel Holding Corp	$655,000	-31.4%	81,713	-31.9%	0.55%	-42.4%
TEAR	Buy	Tearlab Corp	$652,000	+76.2%	191,726	+152.2%	0.55%	+47.8%
WIFI	New	Boingo Wireless Inc.	$621,000	–	87,040	–	0.52%	–
APOG	New	Apogee Enterprises, Inc.	$618,000	–	15,525	–	0.52%	–
AA	New	Alcoa, Inc.	$615,000	–	38,221	–	0.52%	–
PODD	Buy	Insulet Corp.	$609,000	+33.3%	16,531	+43.5%	0.51%	+12.0%
FLIR	Sell	Flir Systems	$606,000	-49.2%	19,348	-43.7%	0.51%	-57.3%
JAZZ	New	Jazz Pharmaceuticals PLC	$602,000	–	3,748	–	0.51%	–
CSGP	Sell	CoStar Group, Inc.	$591,000	-14.2%	3,799	-12.7%	0.50%	-28.0%
EVC	Buy	Entravision	$579,000	+106.0%	146,318	+224.1%	0.49%	+73.4%
LUV	Sell	Southwest Airlines	$571,000	-8.9%	16,922	-27.5%	0.48%	-23.5%
CRZO	Sell	Carrizo Oil & Gas Inc.	$571,000	-36.6%	10,615	-18.3%	0.48%	-46.7%
MA	Sell	Mastercard Inc	$553,000	-25.0%	7,476	-25.5%	0.47%	-37.0%
WFTIQ	Sell	Weatherford International PLC	$537,000	-17.4%	25,826	-8.6%	0.45%	-30.6%
WIRE	Buy	Encore Wire Corp.	$535,000	+113.1%	14,429	+181.6%	0.45%	+79.4%
AEM	Sell	Agnico-Eagle Mines LTD	$531,000	-50.9%	18,280	-35.3%	0.45%	-58.8%
ADS	Sell	Alliance Data Systems Corp.	$525,000	-39.0%	2,116	-30.9%	0.44%	-48.8%
	New	Huron Consulting Group I 1.25%cvbond	$486,000	–	500,000	–	0.41%	–
NCS	New	NCI Buildings Systems	$469,000	–	24,154	–	0.40%	–
CMLS	New	Cumulus Media Inc.	$462,000	–	114,725	–	0.39%	–
VMC	Sell	Vulcan Materials Company	$359,000	-41.3%	5,962	-37.9%	0.30%	-50.7%
HUBG	Sell	Hub Group, Inc.	$356,000	-56.8%	8,784	-46.3%	0.30%	-63.7%
GOOG	Sell	Google Inc. Class C	$206,000	-28.0%	356	-28.4%	0.17%	-39.4%
ATML	Sell	Atmel Corp.	$108,000	-29.9%	13,350	-18.7%	0.09%	-41.3%
GLUU	Sell	Glu Mobile	$63,000	-44.2%	12,257	-45.9%	0.05%	-53.5%
ZNGA	Exit	Zynga, Inc.	$0	–	-17,815	–	-0.06%	–
OIIM	Exit	O2Micro International Limited	$0	–	-22,151	–	-0.08%	–
SEAC	Exit	Seachange Intl. Inc.	$0	–	-11,816	–	-0.10%	–
SWKS	Exit	Skyworks Solutions Inc.	$0	–	-4,602	–	-0.22%	–
ARCW	Exit	ARC Group Worldwide	$0	–	-14,658	–	-0.22%	–
CAVM	Exit	Cavium Networks Inc	$0	–	-4,625	–	-0.23%	–
CBI	Exit	Chicago Bridge & Iron SHR (ADR	$0	–	-5,553	–	-0.38%	–
FRM	Exit	Furmanite Corporation	$0	–	-33,016	–	-0.39%	–
GEK	Exit	General Electric Capital Corp.prd	$0	–	-20,000	–	-0.47%	–
J	Exit	Jacobs Engineering Group Inc.	$0	–	-10,856	–	-0.58%	–
SNDK	Exit	Sandisk	$0	–	-5,922	–	-0.62%	–
LVS	Exit	Las Vegas Sands	$0	–	-9,018	–	-0.69%	–
BYI	Exit	Bally Technologies Inc	$0	–	-11,124	–	-0.74%	–
CBS	Exit	CBS Corp	$0	–	-12,424	–	-0.78%	–
VLO	Exit	Valero Energy Corp.	$0	–	-15,613	–	-0.79%	–
MCRS	Exit	MICROS Systems, Inc.	$0	–	-12,543	–	-0.86%	–
HAL	Exit	Halliburton Co	$0	–	-13,287	–	-0.95%	–
HNGR	Exit	Hanger Orthopedic Group, Inc.	$0	–	-31,858	–	-1.01%	–
CPRT	Exit	Copart Inc.	$0	–	-28,560	–	-1.03%	–

Q2 2014

			Value		Shares		↓ Weighting
MDCA	New	MDC Partners Inc.	$3,396,000	–	158,028	–	3.41%	–
PFPT	New	Proofpoint, Inc.	$2,678,000	–	71,495	–	2.69%	–
HURN	New	Huron Consulting Group	$2,367,000	–	33,422	–	2.38%	–
DHIL	New	Diamond Hill Investment Group,	$2,347,000	–	18,377	–	2.36%	–
JACK	New	Jack In The Box Inc.	$2,253,000	–	37,651	–	2.26%	–
NTUS	New	Natus Medical Inc.	$2,083,000	–	82,846	–	2.09%	–
MNRO	New	Monro Muffler Brake Inc.	$2,031,000	–	38,182	–	2.04%	–
STKL	New	Sunopta Inc.	$1,963,000	–	139,389	–	1.97%	–
PDFS	New	PDF Solutions Inc.	$1,898,000	–	89,425	–	1.91%	–
PRLB	New	Proto Labs, Inc.	$1,830,000	–	22,333	–	1.84%	–
TYPE	New	Monotype Imaging Holdings Inc.	$1,827,000	–	64,858	–	1.84%	–
DECK	New	Deckers Outdoor Corp.	$1,684,000	–	19,508	–	1.69%	–
JMBA	New	Jamba Inc.	$1,659,000	–	137,136	–	1.67%	–
ACXM	New	Acxiom Corp.	$1,545,000	–	71,220	–	1.55%	–
ARCB	New	ArcBest Corp.	$1,543,000	–	35,452	–	1.55%	–
TPC	New	Tutor Perini Corp.	$1,529,000	–	48,167	–	1.54%	–
TNGO	New	Tangoe Inc.	$1,484,000	–	98,559	–	1.49%	–
BBW	New	Build-A-Bear Workshop Inc.	$1,473,000	–	110,226	–	1.48%	–
BLOX	New	Infoblox Inc	$1,444,000	–	109,837	–	1.45%	–
WAGE	New	WageWorks, Inc.	$1,382,000	–	28,671	–	1.39%	–
PGI	New	Premiere Global Services Inc.	$1,361,000	–	101,928	–	1.37%	–
B108PS	New	Actavis Plc	$1,359,000	–	6,095	–	1.37%	–
ANN	New	Ann Taylor	$1,329,000	–	32,306	–	1.34%	–
CORE	New	Core-Mark Holding Company, Inc	$1,313,000	–	28,776	–	1.32%	–
GILD	New	Gilead Sciences, Inc.	$1,303,000	–	15,713	–	1.31%	–
MMS	New	Maximus, Inc.	$1,297,000	–	30,156	–	1.30%	–
FLIR	New	Flir Systems	$1,194,000	–	34,389	–	1.20%	–
PQ	New	PetroQuest Energy Inc.	$1,155,000	–	153,654	–	1.16%	–
SPSC	New	SPS Commerce Inc.	$1,104,000	–	17,464	–	1.11%	–
CSU	New	Capital Senior Living Corp.	$1,100,000	–	46,140	–	1.11%	–
SAAS	New	In Contact Inc.	$1,100,000	–	119,717	–	1.11%	–
FB	New	Facebook Inc.	$1,088,000	–	16,162	–	1.09%	–
AEM	New	Agnico-Eagle Mines LTD	$1,082,000	–	28,240	–	1.09%	–
CPRT	New	Copart Inc.	$1,027,000	–	28,560	–	1.03%	–
HNGR	New	Hanger Orthopedic Group, Inc.	$1,002,000	–	31,858	–	1.01%	–
CIRFP	New	Continental Airlines Fin Trustcvpfd	$986,000	–	20,000	–	0.99%	–
AKS	New	AK Steel Holding Corp	$955,000	–	120,027	–	0.96%	–
HAL	New	Halliburton Co	$944,000	–	13,287	–	0.95%	–
CALD	New	Callidus Software, Inc.	$942,000	–	78,932	–	0.95%	–
DHX	New	Dice Holdings Inc	$929,000	–	122,068	–	0.93%	–
CRZO	New	Carrizo Oil & Gas Inc.	$900,000	–	13,000	–	0.90%	–
ADS	New	Alliance Data Systems Corp.	$861,000	–	3,062	–	0.86%	–
MCRS	New	MICROS Systems, Inc.	$852,000	–	12,543	–	0.86%	–
PRFT	New	Perficient Inc.	$838,000	–	43,047	–	0.84%	–
ASGN	New	On Assignment Inc.	$832,000	–	23,382	–	0.84%	–
AIG	New	American International	$826,000	–	15,140	–	0.83%	–
PBH	New	Prestige Brands Holdings Inc.	$825,000	–	24,329	–	0.83%	–
HUBG	New	Hub Group, Inc.	$825,000	–	16,366	–	0.83%	–
ICLR	New	ICON plc (ADR)	$812,000	–	17,228	–	0.82%	–
LHO	New	LaSalle Hotel Properties	$800,000	–	22,670	–	0.80%	–
VLO	New	Valero Energy Corp.	$782,000	–	15,613	–	0.79%	–
LQ	New	LA Qutina Holdings	$776,000	–	40,550	–	0.78%	–
CBS	New	CBS Corp	$772,000	–	12,424	–	0.78%	–
MA	New	Mastercard Inc	$737,000	–	10,031	–	0.74%	–
BYI	New	Bally Technologies Inc	$731,000	–	11,124	–	0.74%	–
MGAM	New	Multimedia Games, Inc.	$719,000	–	24,260	–	0.72%	–
CSGP	New	CoStar Group, Inc.	$689,000	–	4,354	–	0.69%	–
CATM	New	Cardtronics Inc.	$687,000	–	20,158	–	0.69%	–
LVS	New	Las Vegas Sands	$687,000	–	9,018	–	0.69%	–
PTQEP	New	PetroQuest Energy 6.875%cvpfd	$685,000	–	15,000	–	0.69%	–
SCS	New	Steelcase Inc	$684,000	–	45,193	–	0.69%	–
CAKE	New	Cheesecake Factory	$680,000	–	14,639	–	0.68%	–
	New	Hercules II 6/30/29 6.5%cvbond	$672,000	–	769,000	–	0.68%	–
SWFT	New	Swift Transportation Co. Inc.	$661,000	–	26,188	–	0.66%	–
WFTIQ	New	Weatherford International PLC	$650,000	–	28,256	–	0.65%	–
AATRL	New	AMG Capital 5.15%cvpfd	$628,000	–	10,000	–	0.63%	–
LUV	New	Southwest Airlines	$627,000	–	23,330	–	0.63%	–
MPW	New	Medical Properties Trust Inc.	$626,000	–	47,300	–	0.63%	–
SNDK	New	Sandisk	$618,000	–	5,922	–	0.62%	–
VMC	New	Vulcan Materials Company	$612,000	–	9,596	–	0.62%	–
DXPE	New	DXP Enterprises Inc.	$589,000	–	7,797	–	0.59%	–
UBA	New	Urstadt Biddle Properties	$588,000	–	28,140	–	0.59%	–
BERY	New	Berry Plastics Group Inc.	$581,000	–	22,534	–	0.58%	–
NEWP	New	Newport Corp	$579,000	–	31,293	–	0.58%	–
J	New	Jacobs Engineering Group Inc.	$578,000	–	10,856	–	0.58%	–
SCEPRG	New	SCE Trust II 5.1%prd	$545,000	–	25,000	–	0.55%	–
CPRK	New	CitiGroup Inc. 6.875%prd	$543,000	–	20,000	–	0.55%	–
PSCH	New	PowerShares S&P SmallCap Healt	$518,000	–	9,188	–	0.52%	–
NYCBPRU	New	NY Community Cap Trust V 6%cvpfd	$492,000	–	10,000	–	0.50%	–
PPX	New	PPL Corp. 5.9%prd	$491,000	–	20,000	–	0.49%	–
DUKH	New	Duke Energy Corp. 5.125%prd	$478,000	–	20,000	–	0.48%	–
ODFL	New	Old Dominion Freight Line, Inc	$473,000	–	7,433	–	0.48%	–
EXL	New	Excel Trust Inc	$467,000	–	35,000	–	0.47%	–
GEK	New	General Electric Capital Corp.prd	$464,000	–	20,000	–	0.47%	–
STTPRCCL	New	State Street Corp 5.25%prd	$463,000	–	20,000	–	0.46%	–
PNCPRQ	New	PNC Financial 5.375%prd	$462,000	–	20,000	–	0.46%	–
QLTY	New	Quality Distribution	$460,000	–	30,931	–	0.46%	–
PODD	New	Insulet Corp.	$457,000	–	11,523	–	0.46%	–
PRSC	New	Providence Service Corp	$429,000	–	11,713	–	0.43%	–
ABMD	New	Abiomed Inc.	$403,000	–	16,021	–	0.40%	–
PZN	New	Pzena Investment Management, I	$389,000	–	34,855	–	0.39%	–
FRM	New	Furmanite Corporation	$384,000	–	33,016	–	0.39%	–
CBI	New	Chicago Bridge & Iron SHR (ADR	$379,000	–	5,553	–	0.38%	–
TEAR	New	Tearlab Corp	$370,000	–	76,010	–	0.37%	–
CSV	New	Carriage Services Inc.	$365,000	–	21,296	–	0.37%	–
MRTN	New	Martin Transport LTD	$326,000	–	14,578	–	0.33%	–
TAL	New	Tal International Group, Inc.	$290,000	–	6,540	–	0.29%	–
BDSI	New	Biodelivery Sciences Intl.	$287,000	–	23,816	–	0.29%	–
GOOG	New	Google Inc. Class C	$286,000	–	497	–	0.29%	–
RGEN	New	Repligen Corp.	$282,000	–	12,379	–	0.28%	–
EVC	New	Entravision	$281,000	–	45,140	–	0.28%	–
USBPRNCL	New	US Bancorp 6% Series Gprd	$274,000	–	10,000	–	0.28%	–
ETH	New	Ethan Allen Interiors	$272,000	–	10,997	–	0.27%	–
UFPT	New	UFP Technologies Inc.	$267,000	–	11,098	–	0.27%	–
WIRE	New	Encore Wire Corp.	$251,000	–	5,124	–	0.25%	–
TBT	New	Proshares Ultrashort Barclays	$243,000	–	4,000	–	0.24%	–
BAGL	New	Einstein Noah Restaurant Grp	$241,000	–	15,000	–	0.24%	–
CAVM	New	Cavium Networks Inc	$230,000	–	4,625	–	0.23%	–
ARCW	New	ARC Group Worldwide	$223,000	–	14,658	–	0.22%	–
SWKS	New	Skyworks Solutions Inc.	$216,000	–	4,602	–	0.22%	–
ATML	New	Atmel Corp.	$154,000	–	16,430	–	0.16%	–
GLUU	New	Glu Mobile	$113,000	–	22,650	–	0.11%	–
SEAC	New	Seachange Intl. Inc.	$95,000	–	11,816	–	0.10%	–
OIIM	New	O2Micro International Limited	$76,000	–	22,151	–	0.08%	–
ZNGA	New	Zynga, Inc.	$57,000	–	17,815	–	0.06%	–

Q4 2013

			Value		Shares		↓ Weighting
OIIM	Exit	O2Micro International Limited	$0	–	-21,868	–	-0.07%	–
MM	Exit	Millennial Media	$0	–	-15,609	–	-0.12%	–
EDG	Exit	Edgen Group Inc. CL A	$0	–	-16,707	–	-0.14%	–
SEAC	Exit	Seachange Intl. Inc.	$0	–	-11,808	–	-0.14%	–
TIVO	Exit	Tivo Inc.	$0	–	-13,355	–	-0.18%	–
NIHDQ	Exit	NII Holdings, Inc. - Class B	$0	–	-29,676	–	-0.19%	–
4305PS	Exit	Alcatel-Lucent Sponsored (ADR)	$0	–	-54,141	–	-0.20%	–
SAUC	Exit	Diversified Restaurant Holding	$0	–	-29,243	–	-0.20%	–
NTUS	Exit	Natus Medical Inc.	$0	–	-13,719	–	-0.21%	–
ETH	Exit	Ethan Allen Interiors	$0	–	-7,302	–	-0.22%	–
SLV	Exit	IShares Silver TR	$0	–	-9,767	–	-0.22%	–
JMBA	Exit	Jamba Inc.	$0	–	-15,380	–	-0.22%	–
EFII	Exit	Electronics for Imaging Inc.	$0	–	-6,537	–	-0.22%	–
NCS	Exit	NCI Buildings Systems	$0	–	-16,688	–	-0.23%	–
BBRG	Exit	Bravo Brio Restaurant Group	$0	–	-14,748	–	-0.24%	–
QLIK	Exit	Qlik Technologies Inc.	$0	–	-6,779	–	-0.25%	–
UFPT	Exit	UFP Technologies Inc.	$0	–	-10,450	–	-0.25%	–
PRSC	Exit	Providence Service Corp	$0	–	-8,746	–	-0.27%	–
NEM	Exit	Newmont Mining Corp	$0	–	-9,000	–	-0.27%	–
CSV	Exit	Carriage Services Inc.	$0	–	-13,677	–	-0.28%	–
SHFL	Exit	SHFL Entertainment, Inc.	$0	–	-11,612	–	-0.28%	–
DXLG	Exit	Destination XL Group Inc.	$0	–	-41,652	–	-0.29%	–
USBPRNCL	Exit	US Bancorp 6% Series Gprd	$0	–	-10,000	–	-0.29%	–
MU	Exit	Micron Technology Inc.	$0	–	-15,543	–	-0.29%	–
REVZP	Exit	Revlon Inc. 12.75%prd	$0	–	-52,808	–	-0.29%	–
TAL	Exit	Tal International Group, Inc.	$0	–	-6,540	–	-0.33%	–
MSFT	Exit	Microsoft Corp.	$0	–	-9,218	–	-0.33%	–
PQ	Exit	PetroQuest Energy Inc.	$0	–	-87,736	–	-0.38%	–
RGEN	Exit	Repligen Corp.	$0	–	-33,858	–	-0.40%	–
PSCH	Exit	PowerShares S&P SmallCap Healt	$0	–	-8,016	–	-0.42%	–
ABCO	Exit	Advisory Board Company	$0	–	-6,622	–	-0.42%	–
BGC	Exit	General Cable Corp.	$0	–	-12,502	–	-0.42%	–
BDBD	Exit	Boulder Brands Inc.	$0	–	-24,834	–	-0.42%	–
UNIS	Exit	Unilife Corp.	$0	–	-120,732	–	-0.43%	–
UTIW	Exit	UTI Worldwide	$0	–	-26,586	–	-0.43%	–
STTPRCCL	Exit	State Street Corp 5.25%prd	$0	–	-20,000	–	-0.44%	–
GEK	Exit	General Electric Capital Corp.prd	$0	–	-20,000	–	-0.44%	–
ODFL	Exit	Old Dominion Freight Line, Inc	$0	–	-9,011	–	-0.44%	–
WFCPRO	Exit	Wells Fargo Co 5.125%prd	$0	–	-20,000	–	-0.44%	–
PODD	Exit	Insulet Corp.	$0	–	-11,509	–	-0.44%	–
DUKH	Exit	Duke Energy Corp. 5.125%prd	$0	–	-20,000	–	-0.44%	–
SWFT	Exit	Swift Transportation Co. Inc.	$0	–	-20,755	–	-0.45%	–
NUS	Exit	Nu Skin Enterprises, Inc.	$0	–	-4,412	–	-0.45%	–
PPX	Exit	PPL Corp. 5.9%prd	$0	–	-20,000	–	-0.45%	–
DECK	Exit	Deckers Outdoor Corp.	$0	–	-6,470	–	-0.46%	–
PNCPRQ	Exit	PNC Financial 5.375%prd	$0	–	-20,000	–	-0.47%	–
BERY	Exit	Berry Plastics Group Inc.	$0	–	-22,514	–	-0.48%	–
SCEPRG	Exit	SCE Trust II 5.1%prd	$0	–	-25,000	–	-0.51%	–
PBH	Exit	Prestige Brands Holdings Inc.	$0	–	-15,929	–	-0.51%	–
CPRJ	Exit	CitiGroup Inc. 7.125%prd	$0	–	-20,000	–	-0.54%	–
DHX	Exit	Dice Holdings Inc	$0	–	-59,850	–	-0.54%	–
PTQEP	Exit	PetroQuest Energy 6.875%cvpfd	$0	–	-15,000	–	-0.56%	–
CAKE	Exit	Cheesecake Factory	$0	–	-12,231	–	-0.57%	–
UBA	Exit	Urstadt Biddle Properties	$0	–	-28,140	–	-0.60%	–
CREE	Exit	CREE Research Inc.	$0	–	-9,559	–	-0.61%	–
MPW	Exit	Medical Properties Trust Inc.	$0	–	-47,300	–	-0.61%	–
MCRS	Exit	MICROS Systems, Inc.	$0	–	-11,779	–	-0.63%	–
ABFS	Exit	Arkansas Best Corp.	$0	–	-23,244	–	-0.64%	–
ICLR	Exit	ICON plc (ADR)	$0	–	-14,776	–	-0.64%	–
	Exit	Hercules II 6/30/29 6.5%cvbond	$0	–	-769,000	–	-0.68%	–
CATM	Exit	Cardtronics Inc.	$0	–	-17,183	–	-0.68%	–
SQI	Exit	Sciquest Inc.	$0	–	-28,509	–	-0.68%	–
HUBG	Exit	Hub Group, Inc.	$0	–	-16,345	–	-0.68%	–
PRLB	Exit	Proto Labs, INC.	$0	–	-8,399	–	-0.68%	–
LHO	Exit	LaSalle Hotel Properties	$0	–	-22,650	–	-0.69%	–
SFM	Exit	Sprouts Farmers Market Inc.	$0	–	-14,589	–	-0.69%	–
ANN	Exit	Ann Taylor	$0	–	-18,352	–	-0.71%	–
CRZO	Exit	Carrizo Oil & Gas Inc.	$0	–	-17,827	–	-0.71%	–
OSIS	Exit	OSI Systems Inc.	$0	–	-9,148	–	-0.72%	–
CBI	Exit	Chicago Bridge & Iron-NY SHR (	$0	–	-10,421	–	-0.75%	–
CADX	Exit	Cadence Pharmaceuticals Inc	$0	–	-113,808	–	-0.76%	–
WFT	Exit	Weatherford International Inc.	$0	–	-47,300	–	-0.77%	–
AAPL	Exit	Apple Inc	$0	–	-1,564	–	-0.80%	–
TM	Exit	Toyota Motor Corp. ADR	$0	–	-5,861	–	-0.80%	–
MMS	Exit	Maximus, Inc.	$0	–	-17,032	–	-0.82%	–
INFA	Exit	Informatica Corp.	$0	–	-19,867	–	-0.82%	–
PRFT	Exit	Perficient Inc.	$0	–	-42,134	–	-0.82%	–
J	Exit	Jacobs Engineering Group Inc.	$0	–	-13,429	–	-0.83%	–
FLIR	Exit	Flir Systems	$0	–	-25,260	–	-0.84%	–
AEM	Exit	Agnico-Eagle Mines LTD	$0	–	-30,603	–	-0.86%	–
BAGL	Exit	Einstein Noah Restaurant Grp	$0	–	-46,833	–	-0.86%	–
CBS	Exit	CBS Corp	$0	–	-14,977	–	-0.88%	–
MA	Exit	Mastercard Inc	$0	–	-1,244	–	-0.89%	–
HLF	Exit	Herbalife Ltd	$0	–	-12,232	–	-0.91%	–
DXPE	Exit	DXP Enterprises Inc.	$0	–	-10,894	–	-0.92%	–
CIRFP	Exit	Continental Air 6% 11/15/30cvpfd	$0	–	-20,000	–	-0.94%	–
CXW	Exit	Corrections Corporation of Ame	$0	–	-26,327	–	-0.97%	–
TPC	Exit	Tutor Perini Corp.	$0	–	-42,879	–	-0.97%	–
CSGP	Exit	CoStar Group, Inc.	$0	–	-5,612	–	-1.00%	–
ARTC	Exit	Arthocare Corp.	$0	–	-26,652	–	-1.01%	–
PDFS	Exit	PDF Solutions Inc.	$0	–	-44,713	–	-1.01%	–
	Exit	Callidus Software Inc. 4.75% dcvbond	$0	–	-750,000	–	-1.01%	–
SAAS	Exit	In Contact Inc.	$0	–	-115,550	–	-1.02%	–
CSU	Exit	Capital Senior Living Corp.	$0	–	-45,412	–	-1.02%	–
BCEI	Exit	Bonanza Creek Energy, Inc.	$0	–	-20,351	–	-1.05%	–
	Exit	Carriage Service Capcvpfd	$0	–	-20,125	–	-1.07%	–
HNGR	Exit	Hanger Orthopedic Group, Inc.	$0	–	-29,897	–	-1.08%	–
GILD	Exit	Gilead Sciences, Inc.	$0	–	-16,575	–	-1.11%	–
CELG	Exit	Celgene Corp.	$0	–	-6,785	–	-1.12%	–
	Exit	Providence Service 6.5% due 5/cvbond	$0	–	-1,000,000	–	-1.12%	–
LF	Exit	Leapfrog Enterprises, Inc.	$0	–	-112,700	–	-1.13%	–
PGI	Exit	Premiere Global Services Inc.	$0	–	-111,798	–	-1.19%	–
CRM	Exit	Salesforce.com, Inc.	$0	–	-22,079	–	-1.22%	–
AATRL	Exit	AMG Capital 5.15%cvpfd	$0	–	-20,000	–	-1.24%	–
ADS	Exit	Alliance Data Systems Corp.	$0	–	-5,609	–	-1.26%	–
LNKD	Exit	LinkedIn Corp.	$0	–	-5,228	–	-1.37%	–
NGVC	Exit	Natural Grocers By Vitamin Cot	$0	–	-35,505	–	-1.50%	–
JACK	Exit	Jack In The Box Inc.	$0	–	-38,231	–	-1.63%	–
BYI	Exit	Bally Technologies Inc	$0	–	-22,448	–	-1.72%	–
SPSC	Exit	SPS Commerce Inc.	$0	–	-25,006	–	-1.78%	–
MGAM	Exit	Multimedia Games, Inc.	$0	–	-52,468	–	-1.93%	–
TNGO	Exit	Tangoe Inc.	$0	–	-81,373	–	-2.07%	–
WAGE	Exit	WageWorks, Inc.	$0	–	-40,388	–	-2.17%	–
TYPE	Exit	Monotype Imaging Holdings Inc.	$0	–	-71,664	–	-2.19%	–
DHIL	Exit	Diamond Hill Investment Group,	$0	–	-19,549	–	-2.23%	–
PFPT	Exit	Proofpoint, Inc.	$0	–	-67,792	–	-2.32%	–
CGX	Exit	Consolidated Graphics, Inc.	$0	–	-41,487	–	-2.48%	–
HURN	Exit	Huron Consulting Group	$0	–	-46,124	–	-2.59%	–
ACXM	Exit	Acxiom Corp.	$0	–	-86,878	–	-2.63%	–
MDCA	Exit	MDC Partners Inc.	$0	–	-97,702	–	-2.91%	–
MKTG	Exit	Responsys Inc.	$0	–	-269,674	–	-4.75%	–

Q3 2013

			Value		Shares		↓ Weighting
MKTG	Sell	Responsys Inc.	$4,455,000	-7.0%	269,674	-19.5%	4.75%	-9.9%
MDCA	Sell	MDC Partners Inc.	$2,734,000	+28.3%	97,702	-17.3%	2.91%	+24.3%
ACXM	Sell	Acxiom Corp.	$2,466,000	+11.3%	86,878	-11.1%	2.63%	+7.9%
HURN	Sell	Huron Consulting Group	$2,427,000	+7.8%	46,124	-5.3%	2.59%	+4.4%
CGX	Buy	Consolidated Graphics, Inc.	$2,326,000	+116.4%	41,487	+81.4%	2.48%	+109.6%
PFPT	Buy	Proofpoint, Inc.	$2,177,000	+39.3%	67,792	+5.2%	2.32%	+34.9%
DHIL	Sell	Diamond Hill Investment Group,	$2,091,000	+13.1%	19,549	-9.5%	2.23%	+9.5%
TYPE	Sell	Monotype Imaging Holdings Inc.	$2,054,000	-25.0%	71,664	-33.5%	2.19%	-27.4%
WAGE	Sell	WageWorks, Inc.	$2,038,000	+4.1%	40,388	-28.9%	2.17%	+0.9%
TNGO	Sell	Tangoe Inc.	$1,939,000	+8.0%	81,373	-30.1%	2.07%	+4.7%
MGAM	Sell	Multimedia Games, Inc.	$1,813,000	-18.1%	52,468	-38.3%	1.93%	-20.7%
SPSC	Sell	SPS Commerce Inc.	$1,673,000	+19.5%	25,006	-1.8%	1.78%	+15.7%
BYI	Sell	Bally Technologies Inc	$1,618,000	+15.7%	22,448	-9.4%	1.72%	+12.1%
JACK	Sell	Jack In The Box Inc.	$1,529,000	-4.2%	38,231	-5.9%	1.63%	-7.2%
NGVC	Buy	Natural Grocers By Vitamin Cot	$1,410,000	+68.5%	35,505	+31.6%	1.50%	+63.2%
LNKD	Buy	LinkedIn Corp.	$1,286,000	+57.8%	5,228	+14.4%	1.37%	+52.8%
ADS	Sell	Alliance Data Systems Corp.	$1,186,000	+8.6%	5,609	-7.0%	1.26%	+5.2%
CRM	New	Salesforce.com, Inc.	$1,146,000	–	22,079	–	1.22%	–
PGI	Sell	Premiere Global Services Inc.	$1,114,000	-28.5%	111,798	-13.3%	1.19%	-30.7%
LF	Sell	Leapfrog Enterprises, Inc.	$1,062,000	-5.3%	112,700	-1.1%	1.13%	-8.3%
CELG	Sell	Celgene Corp.	$1,046,000	+22.6%	6,785	-6.9%	1.12%	+18.7%
GILD	Sell	Gilead Sciences, Inc.	$1,042,000	+19.4%	16,575	-2.6%	1.11%	+15.6%
HNGR	Sell	Hanger Orthopedic Group, Inc.	$1,009,000	+1.6%	29,897	-4.8%	1.08%	-1.6%
BCEI	Sell	Bonanza Creek Energy, Inc.	$982,000	+8.4%	20,351	-20.3%	1.05%	+5.0%
CSU	Buy	Capital Senior Living Corp.	$960,000	+9.5%	45,412	+23.7%	1.02%	+6.0%
SAAS	Sell	In Contact Inc.	$953,000	-13.4%	115,550	-13.6%	1.02%	-16.0%
PDFS	Sell	PDF Solutions Inc.	$949,000	-16.6%	44,713	-27.6%	1.01%	-19.2%
ARTC	Sell	Arthocare Corp.	$948,000	+2.4%	26,652	-0.6%	1.01%	-0.9%
CSGP	Sell	CoStar Group, Inc.	$942,000	-10.5%	5,612	-31.2%	1.00%	-13.4%
TPC	Buy	Tutor Perini Corp.	$914,000	+42.6%	42,879	+21.1%	0.97%	+38.2%
CXW	Sell	Corrections Corporation of Ame	$910,000	-19.7%	26,327	-21.3%	0.97%	-22.2%
DXPE	Sell	DXP Enterprises Inc.	$860,000	-1.8%	10,894	-17.1%	0.92%	-4.9%
HLF	Sell	Herbalife Ltd	$853,000	+22.4%	12,232	-20.8%	0.91%	+18.5%
MA	Sell	Mastercard Inc	$837,000	+8.4%	1,244	-7.4%	0.89%	+5.1%
CBS	Sell	CBS Corp	$826,000	+5.0%	14,977	-7.0%	0.88%	+1.6%
BAGL	Buy	Einstein Noah Restaurant Grp	$811,000	+42.3%	46,833	+16.6%	0.86%	+37.8%
AEM	New	Agnico-Eagle Mines LTD	$810,000	–	30,603	–	0.86%	–
FLIR	New	Flir Systems	$793,000	–	25,260	–	0.84%	–
J	Sell	Jacobs Engineering Group Inc.	$781,000	+2.0%	13,429	-3.3%	0.83%	-1.3%
PRFT	Sell	Perficient Inc.	$774,000	-18.6%	42,134	-40.9%	0.82%	-21.1%
INFA	Sell	Informatica Corp.	$774,000	+0.9%	19,867	-9.4%	0.82%	-2.3%
MMS	New	Maximus, Inc.	$767,000	–	17,032	–	0.82%	–
TM	Sell	Toyota Motor Corp. ADR	$750,000	-2.2%	5,861	-7.8%	0.80%	-5.3%
AAPL	Buy	Apple Inc	$746,000	+60.8%	1,564	+33.8%	0.80%	+55.6%
WFT	Sell	Weatherford International Inc.	$725,000	-4.1%	47,300	-14.2%	0.77%	-7.1%
CADX	Buy	Cadence Pharmaceuticals Inc	$717,000	+14.0%	113,808	+23.4%	0.76%	+10.4%
CBI	Sell	Chicago Bridge & Iron-NY SHR (	$706,000	-1.8%	10,421	-13.5%	0.75%	-4.8%
CRZO	Sell	Carrizo Oil & Gas Inc.	$665,000	+5.1%	17,827	-20.2%	0.71%	+1.7%
ANN	Buy	Ann Taylor	$665,000	+92.8%	18,352	+76.7%	0.71%	+86.6%
SFM	New	Sprouts Farmers Market Inc.	$648,000	–	14,589	–	0.69%	–
LHO	Buy	LaSalle Hotel Properties	$646,000	+25.4%	22,650	+8.5%	0.69%	+21.5%
PRLB	Sell	Proto Labs, INC.	$642,000	+2.9%	8,399	-12.6%	0.68%	-0.4%
SQI	Buy	Sciquest Inc.	$640,000	+7.0%	28,509	+19.4%	0.68%	+3.6%
CATM	Buy	Cardtronics Inc.	$638,000	+184.8%	17,183	+111.7%	0.68%	+176.4%
ICLR	Sell	ICON plc (ADR)	$605,000	-1.1%	14,776	-14.4%	0.64%	-4.2%
ABFS	Sell	Arkansas Best Corp.	$597,000	-23.2%	23,244	-31.3%	0.64%	-25.6%
CREE	Sell	CREE Research Inc.	$575,000	-35.1%	9,559	-31.1%	0.61%	-37.1%
CAKE	New	Cheesecake Factory	$538,000	–	12,231	–	0.57%	–
DHX	Sell	Dice Holdings Inc	$509,000	-26.4%	59,850	-20.3%	0.54%	-28.6%
CPRJ	New	CitiGroup Inc. 7.125%prd	$505,000	–	20,000	–	0.54%	–
PBH	New	Prestige Brands Holdings Inc.	$480,000	–	15,929	–	0.51%	–
BERY	Buy	Berry Plastics Group Inc.	$450,000	+90.7%	22,514	+110.3%	0.48%	+84.6%
DECK	New	Deckers Outdoor Corp.	$427,000	–	6,470	–	0.46%	–
NUS	Sell	Nu Skin Enterprises, Inc.	$422,000	+13.7%	4,412	-27.2%	0.45%	+10.3%
SWFT	Sell	Swift Transportation Co. Inc.	$419,000	+4.0%	20,755	-14.9%	0.45%	+0.9%
ODFL	Sell	Old Dominion Freight Line, Inc	$414,000	+8.1%	9,011	-2.1%	0.44%	+4.8%
UTIW	Buy	UTI Worldwide	$402,000	+14.2%	26,586	+24.4%	0.43%	+10.9%
UNIS	Sell	Unilife Corp.	$401,000	+4.4%	120,732	-0.3%	0.43%	+0.9%
BDBD	Sell	Boulder Brands Inc.	$398,000	+4.5%	24,834	-21.5%	0.42%	+1.2%
ABCO	Sell	Advisory Board Company	$394,000	-12.4%	6,622	-19.6%	0.42%	-15.2%
PSCH	Sell	PowerShares S&P SmallCap Healt	$393,000	+12.9%	8,016	-1.0%	0.42%	+9.4%
RGEN	Sell	Repligen Corp.	$375,000	+33.0%	33,858	-1.0%	0.40%	+29.0%
PQ	Sell	PetroQuest Energy Inc.	$352,000	-31.7%	87,736	-32.5%	0.38%	-33.9%
MSFT	Sell	Microsoft Corp.	$307,000	-6.7%	9,218	-3.2%	0.33%	-9.7%
REVZP	Sell	Revlon Inc. 12.75%prd	$275,000	-24.0%	52,808	-22.7%	0.29%	-26.4%
MU	New	Micron Technology Inc.	$272,000	–	15,543	–	0.29%	–
DXLG	Sell	Destination XL Group Inc.	$269,000	0.0%	41,652	-1.7%	0.29%	-3.0%
SHFL	Sell	SHFL Entertainment, Inc.	$267,000	+27.8%	11,612	-1.7%	0.28%	+23.9%
CSV	Buy	Carriage Services Inc.	$265,000	+44.8%	13,677	+26.9%	0.28%	+40.3%
PRSC	Sell	Providence Service Corp	$251,000	-3.1%	8,746	-1.7%	0.27%	-6.0%
UFPT	Sell	UFP Technologies Inc.	$238,000	+14.4%	10,450	-1.6%	0.25%	+10.9%
QLIK	New	Qlik Technologies Inc.	$232,000	–	6,779	–	0.25%	–
BBRG	Sell	Bravo Brio Restaurant Group	$223,000	-56.7%	14,748	-48.9%	0.24%	-58.0%
NCS	New	NCI Buildings Systems	$213,000	–	16,688	–	0.23%	–
EFII	Sell	Electronics for Imaging Inc.	$207,000	-82.7%	6,537	-84.6%	0.22%	-83.2%
JMBA	New	Jamba Inc.	$206,000	–	15,380	–	0.22%	–
ETH	New	Ethan Allen Interiors	$204,000	–	7,302	–	0.22%	–
SLV	New	IShares Silver TR	$204,000	–	9,767	–	0.22%	–
NTUS	Sell	Natus Medical Inc.	$195,000	-20.1%	13,719	-23.4%	0.21%	-22.4%
SAUC	Buy	Diversified Restaurant Holding	$192,000	-2.5%	29,243	+18.0%	0.20%	-5.5%
4305PS	Sell	Alcatel-Lucent Sponsored (ADR)	$191,000	+87.3%	54,141	-3.2%	0.20%	+82.1%
NIHDQ	Sell	NII Holdings, Inc. - Class B	$180,000	-73.2%	29,676	-70.6%	0.19%	-74.0%
TIVO	Sell	Tivo Inc.	$166,000	+9.2%	13,355	-3.1%	0.18%	+6.0%
SEAC	Sell	Seachange Intl. Inc.	$135,000	-8.8%	11,808	-6.8%	0.14%	-11.7%
EDG	New	Edgen Group Inc. CL A	$127,000	–	16,707	–	0.14%	–
MM	Buy	Millennial Media	$110,000	+0.9%	15,609	+24.5%	0.12%	-2.5%
OIIM	Sell	O2Micro International Limited	$68,000	-72.1%	21,868	-70.5%	0.07%	-73.1%
	Exit	Exide Technologies 0% due 9/18cvbond	$0	–	-600,000	–	-0.08%	–
N109SC	Exit	Demand Media, Inc.	$0	–	-16,370	–	-0.11%	–
LEDR	Exit	Market Leader Inc.	$0	–	-11,340	–	-0.13%	–
RFMD	Exit	RF Micro Devices	$0	–	-26,104	–	-0.15%	–
ATML	Exit	Atmel Corp.	$0	–	-25,339	–	-0.20%	–
AXL	Exit	American Axle & Mfg Holdings,	$0	–	-10,188	–	-0.21%	–
SCVL	Exit	Shoe Carnival	$0	–	-8,393	–	-0.22%	–
	Exit	AT&T Corp.	$0	–	-6,421	–	-0.25%	–
AAN	Exit	Aaron's, Inc.	$0	–	-9,095	–	-0.28%	–
GOOGL	Exit	Google Inc. Class A	$0	–	-331	–	-0.32%	–
NRZ	Exit	New Residential Investment Cor	$0	–	-47,850	–	-0.36%	–
LQDT	Exit	Liquidity Services Inc.	$0	–	-9,603	–	-0.37%	–
JPMPRICL	Exit	JPMorgan Chase 8.625%prd	$0	–	-15,000	–	-0.42%	–
CROX	Exit	Crocs Inc	$0	–	-26,292	–	-0.48%	–
NCT	Exit	Newcastle Investment Corp.	$0	–	-90,760	–	-0.52%	–
TEX	Exit	Terex Corp.	$0	–	-19,808	–	-0.57%	–
MLM	Exit	Martin Marietta Materials	$0	–	-5,750	–	-0.62%	–
PFE	Exit	Pfizer Inc	$0	–	-21,216	–	-0.65%	–
GEO	Exit	The GEO Group	$0	–	-20,125	–	-0.75%	–
ET	Exit	ExactTarget, Inc.	$0	–	-32,295	–	-1.20%	–

Q2 2013

			Value		Shares		↓ Weighting
MKTG	New	Responsys Inc.	$4,792,000	–	334,866	–	5.27%	–
TYPE	New	Monotype Imaging Holdings Inc.	$2,739,000	–	107,776	–	3.01%	–
HURN	New	Huron Consulting Group	$2,251,000	–	48,682	–	2.48%	–
MGAM	New	Multimedia Games, Inc.	$2,215,000	–	84,971	–	2.44%	–
ACXM	New	Acxiom Corp.	$2,215,000	–	97,681	–	2.44%	–
MDCA	New	MDC Partners Inc.	$2,131,000	–	118,105	–	2.34%	–
WAGE	New	WageWorks, Inc.	$1,957,000	–	56,799	–	2.15%	–
DHIL	New	Diamond Hill Investment Group,	$1,849,000	–	21,607	–	2.04%	–
TNGO	New	Tangoe Inc.	$1,795,000	–	116,343	–	1.98%	–
JACK	New	Jack In The Box Inc.	$1,596,000	–	40,613	–	1.76%	–
PFPT	New	Proofpoint, Inc.	$1,563,000	–	64,433	–	1.72%	–
PGI	New	Premiere Global Services Inc.	$1,557,000	–	128,978	–	1.71%	–
SPSC	New	SPS Commerce Inc.	$1,400,000	–	25,456	–	1.54%	–
BYI	New	Bally Technologies Inc	$1,399,000	–	24,790	–	1.54%	–
EFII	New	Electronics for Imaging Inc.	$1,198,000	–	42,345	–	1.32%	–
PDFS	New	PDF Solutions Inc.	$1,138,000	–	61,765	–	1.25%	–
CXW	New	Corrections Corporation of Ame	$1,133,000	–	33,450	–	1.25%	–
LF	New	Leapfrog Enterprises, Inc.	$1,121,000	–	113,896	–	1.23%	–
SAAS	New	In Contact Inc.	$1,100,000	–	133,802	–	1.21%	–
ADS	New	Alliance Data Systems Corp.	$1,092,000	–	6,034	–	1.20%	–
ET	New	ExactTarget, Inc.	$1,089,000	–	32,295	–	1.20%	–
AATRL	New	AMG Capital 5.15%cvpfd	$1,079,000	–	20,000	–	1.19%	–
CGX	New	Consolidated Graphics, Inc.	$1,075,000	–	22,875	–	1.18%	–
CSGP	New	CoStar Group, Inc.	$1,053,000	–	8,162	–	1.16%	–
	New	Providence Service 6.5% due 5/cvbond	$1,037,000	–	1,000,000	–	1.14%	–
HNGR	New	Hanger Orthopedic Group, Inc.	$993,000	–	31,398	–	1.09%	–
	New	Carriage Service Capcvpfd	$967,000	–	20,125	–	1.06%	–
PRFT	New	Perficient Inc.	$951,000	–	71,317	–	1.05%	–
ARTC	New	Arthocare Corp.	$926,000	–	26,818	–	1.02%	–
BCEI	New	Bonanza Creek Energy, Inc.	$906,000	–	25,550	–	1.00%	–
CREE	New	CREE Research Inc.	$886,000	–	13,880	–	0.98%	–
CIRFP	New	Continental Air 6% 11/15/30cvpfd	$881,000	–	20,000	–	0.97%	–
CSU	New	Capital Senior Living Corp.	$877,000	–	36,704	–	0.96%	–
DXPE	New	DXP Enterprises Inc.	$876,000	–	13,146	–	0.96%	–
GILD	New	Gilead Sciences, Inc.	$873,000	–	17,025	–	0.96%	–
CELG	New	Celgene Corp.	$853,000	–	7,288	–	0.94%	–
NGVC	New	Natural Grocers By Vitamin Cot	$837,000	–	26,985	–	0.92%	–
LNKD	New	LinkedIn Corp.	$815,000	–	4,570	–	0.90%	–
	New	Callidus Software Inc. 4.75% dcvbond	$795,000	–	750,000	–	0.88%	–
CBS	New	CBS Corp	$787,000	–	16,111	–	0.87%	–
ABFS	New	Arkansas Best Corp.	$777,000	–	33,837	–	0.86%	–
MA	New	Mastercard Inc	$772,000	–	1,343	–	0.85%	–
INFA	New	Informatica Corp.	$767,000	–	21,927	–	0.84%	–
TM	New	Toyota Motor Corp. ADR	$767,000	–	6,360	–	0.84%	–
J	New	Jacobs Engineering Group Inc.	$766,000	–	13,892	–	0.84%	–
WFT	New	Weatherford International Inc.	$756,000	–	55,157	–	0.83%	–
CBI	New	Chicago Bridge & Iron-NY SHR (	$719,000	–	12,050	–	0.79%	–
HLF	New	Herbalife Ltd	$697,000	–	15,450	–	0.77%	–
DHX	New	Dice Holdings Inc	$692,000	–	75,087	–	0.76%	–
GEO	New	The GEO Group	$683,000	–	20,125	–	0.75%	–
MPW	New	Medical Properties Trust Inc.	$677,000	–	47,300	–	0.74%	–
NIHDQ	New	NII Holdings, Inc. - Class B	$671,000	–	100,780	–	0.74%	–
	New	Hercules II 6/30/29 6.5%cvbond	$648,000	–	769,000	–	0.71%	–
TPC	New	Tutor Perini Corp.	$641,000	–	35,417	–	0.70%	–
CRZO	New	Carrizo Oil & Gas Inc.	$633,000	–	22,352	–	0.70%	–
CADX	New	Cadence Pharmaceuticals Inc	$629,000	–	92,217	–	0.69%	–
PRLB	New	Proto Labs, INC.	$624,000	–	9,609	–	0.69%	–
ICLR	New	ICON plc (ADR)	$612,000	–	17,261	–	0.67%	–
SQI	New	Sciquest Inc.	$598,000	–	23,873	–	0.66%	–
HUBG	New	Hub Group, Inc.	$595,000	–	16,345	–	0.66%	–
PFE	New	Pfizer Inc	$594,000	–	21,216	–	0.65%	–
OSIS	New	OSI Systems Inc.	$589,000	–	9,148	–	0.65%	–
BAGL	New	Einstein Noah Restaurant Grp	$570,000	–	40,159	–	0.63%	–
UBA	New	Urstadt Biddle Properties	$568,000	–	28,140	–	0.62%	–
MLM	New	Martin Marietta Materials	$566,000	–	5,750	–	0.62%	–
SCEPRG	New	SCE Trust II 5.1%prd	$562,000	–	25,000	–	0.62%	–
TEX	New	Terex Corp.	$521,000	–	19,808	–	0.57%	–
BBRG	New	Bravo Brio Restaurant Group	$515,000	–	28,886	–	0.57%	–
PQ	New	PetroQuest Energy Inc.	$515,000	–	130,059	–	0.57%	–
LHO	New	LaSalle Hotel Properties	$515,000	–	20,870	–	0.57%	–
PTQEP	New	PetroQuest Energy 6.875%cvpfd	$509,000	–	15,000	–	0.56%	–
MCRS	New	MICROS Systems, Inc.	$508,000	–	11,779	–	0.56%	–
STTPRCCL	New	State Street Corp 5.25%prd	$500,000	–	20,000	–	0.55%	–
DUKH	New	Duke Energy Corp. 5.125%prd	$491,000	–	20,000	–	0.54%	–
PNCPRQ	New	PNC Financial 5.375%prd	$485,000	–	20,000	–	0.53%	–
PPX	New	PPL Corp. 5.9%prd	$482,000	–	20,000	–	0.53%	–
NCT	New	Newcastle Investment Corp.	$475,000	–	90,760	–	0.52%	–
AAPL	New	Apple Inc	$464,000	–	1,169	–	0.51%	–
WFCPRO	New	Wells Fargo Co 5.125%prd	$464,000	–	20,000	–	0.51%	–
GEK	New	General Electric Capital Corp.prd	$459,000	–	20,000	–	0.50%	–
ABCO	New	Advisory Board Company	$450,000	–	8,239	–	0.50%	–
CROX	New	Crocs Inc	$434,000	–	26,292	–	0.48%	–
SWFT	New	Swift Transportation Co. Inc.	$403,000	–	24,385	–	0.44%	–
BGC	New	General Cable Corp.	$384,000	–	12,502	–	0.42%	–
UNIS	New	Unilife Corp.	$384,000	–	121,154	–	0.42%	–
ODFL	New	Old Dominion Freight Line, Inc	$383,000	–	9,201	–	0.42%	–
JPMPRICL	New	JPMorgan Chase 8.625%prd	$381,000	–	15,000	–	0.42%	–
BDBD	New	Boulder Brands Inc.	$381,000	–	31,654	–	0.42%	–
NUS	New	Nu Skin Enterprises, Inc.	$371,000	–	6,062	–	0.41%	–
REVZP	New	Revlon Inc. 12.75%prd	$362,000	–	68,323	–	0.40%	–
PODD	New	Insulet Corp.	$361,000	–	11,509	–	0.40%	–
UTIW	New	UTI Worldwide	$352,000	–	21,379	–	0.39%	–
PSCH	New	PowerShares S&P SmallCap Healt	$348,000	–	8,101	–	0.38%	–
ANN	New	Ann Taylor	$345,000	–	10,388	–	0.38%	–
LQDT	New	Liquidity Services Inc.	$333,000	–	9,603	–	0.37%	–
MSFT	New	Microsoft Corp.	$329,000	–	9,520	–	0.36%	–
NRZ	New	New Residential Investment Cor	$323,000	–	47,850	–	0.36%	–
GOOGL	New	Google Inc. Class A	$291,000	–	331	–	0.32%	–
TAL	New	Tal International Group, Inc.	$285,000	–	6,540	–	0.31%	–
RGEN	New	Repligen Corp.	$282,000	–	34,216	–	0.31%	–
USBPRNCL	New	US Bancorp 6% Series Gprd	$274,000	–	10,000	–	0.30%	–
NEM	New	Newmont Mining Corp	$270,000	–	9,000	–	0.30%	–
DXLG	New	Destination XL Group Inc.	$269,000	–	42,368	–	0.30%	–
PRSC	New	Providence Service Corp	$259,000	–	8,896	–	0.28%	–
AAN	New	Aaron's, Inc.	$255,000	–	9,095	–	0.28%	–
NTUS	New	Natus Medical Inc.	$244,000	–	17,911	–	0.27%	–
OIIM	New	O2Micro International Limited	$244,000	–	74,069	–	0.27%	–
BERY	New	Berry Plastics Group Inc.	$236,000	–	10,705	–	0.26%	–
	New	AT&T Corp.	$227,000	–	6,421	–	0.25%	–
CATM	New	Cardtronics Inc.	$224,000	–	8,116	–	0.25%	–
SHFL	New	SHFL Entertainment, Inc.	$209,000	–	11,817	–	0.23%	–
UFPT	New	UFP Technologies Inc.	$208,000	–	10,624	–	0.23%	–
SCVL	New	Shoe Carnival	$202,000	–	8,393	–	0.22%	–
SAUC	New	Diversified Restaurant Holding	$197,000	–	24,778	–	0.22%	–
AXL	New	American Axle & Mfg Holdings,	$190,000	–	10,188	–	0.21%	–
ATML	New	Atmel Corp.	$186,000	–	25,339	–	0.20%	–
CSV	New	Carriage Services Inc.	$183,000	–	10,779	–	0.20%	–
TIVO	New	Tivo Inc.	$152,000	–	13,788	–	0.17%	–
SEAC	New	Seachange Intl. Inc.	$148,000	–	12,670	–	0.16%	–
RFMD	New	RF Micro Devices	$140,000	–	26,104	–	0.15%	–
LEDR	New	Market Leader Inc.	$121,000	–	11,340	–	0.13%	–
MM	New	Millennial Media	$109,000	–	12,540	–	0.12%	–
4305PS	New	Alcatel-Lucent Sponsored (ADR)	$102,000	–	55,930	–	0.11%	–
N109SC	New	Demand Media, Inc.	$98,000	–	16,370	–	0.11%	–
	New	Exide Technologies 0% due 9/18cvbond	$75,000	–	600,000	–	0.08%	–

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