Q3 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| JBL | Sell | JABIL INC | $111,342,295 | +14.3% | 877,471 | -2.8% | 14.34% | +61.9% |
| NOW | Sell | SERVICENOW INC | $103,071,106 | -25.1% | 184,398 | -24.7% | 13.28% | +6.1% |
| PTC | Sell | PTC INC | $99,722,743 | -25.1% | 703,859 | -24.8% | 12.84% | +6.1% |
| CXM | Sell | SPRINKLR INCcl a | $61,639,097 | -5.7% | 4,453,692 | -5.8% | 7.94% | +33.6% |
| CYBR | Sell | CYBERARK SOFTWARE LTD | $59,693,182 | -20.8% | 364,494 | -24.4% | 7.69% | +12.3% |
| ZUO | Buy | ZUORA INC | $55,825,448 | -23.3% | 6,774,933 | +2.1% | 7.19% | +8.7% |
| REZI | Sell | RESIDEO TECHNOLOGIES INC | $48,639,178 | -34.6% | 3,078,429 | -26.9% | 6.26% | -7.3% |
| DOOR | Sell | MASONITE INTL CORP | $48,534,061 | -33.4% | 520,640 | -26.9% | 6.25% | -5.7% |
| MORN | Sell | MORNINGSTAR INC | $47,023,680 | -12.5% | 200,750 | -26.8% | 6.06% | +24.0% |
| TYL | Sell | TYLER TECHNOLOGIES INC | $46,609,801 | -30.0% | 120,707 | -24.5% | 6.00% | -0.8% |
| FROG | Sell | JFROG LTD | $46,279,667 | -19.2% | 1,824,908 | -11.7% | 5.96% | +14.5% |
| INTA | Sell | INTAPP INC | $44,944,488 | -24.6% | 1,340,826 | -5.7% | 5.79% | +6.9% |
| ZETA | New | ZETA GLOBAL HOLDINGS CORPcl a | $3,129,163 | – | 374,750 | – | 0.40% | – |
| ADSK | Exit | AUTODESK INC | $0 | – | -16,222 | – | -0.30% | – |
| PRMW | Exit | PRIMO WATER CORPORATION | $0 | – | -2,314,485 | – | -2.64% | – |
| WK | Exit | WORKIVA INC | $0 | – | -380,290 | – | -3.51% | – |
| NICE | Exit | NICE LTDsponsored adr | $0 | – | -305,161 | – | -5.73% | – |
Q2 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NOW | New | SERVICENOW INC | $137,625,891 | – | 244,899 | – | 12.51% | – |
| PTC | New | PTC INC | $133,196,500 | – | 936,026 | – | 12.10% | – |
| JBL | New | JABIL INC | $97,447,730 | – | 902,879 | – | 8.86% | – |
| CYBR | New | CYBERARK SOFTWARE LTD | $75,354,343 | – | 482,021 | – | 6.85% | – |
| REZI | New | RESIDEO TECHNOLOGIES INC | $74,346,640 | – | 4,209,889 | – | 6.76% | – |
| DOOR | New | MASONITE INTL CORP | $72,925,295 | – | 711,883 | – | 6.63% | – |
| ZUO | New | ZUORA INC | $72,781,518 | – | 6,634,596 | – | 6.62% | – |
| TYL | New | TYLER TECHNOLOGIES INC | $66,615,626 | – | 159,953 | – | 6.05% | – |
| CXM | New | SPRINKLR INCcl a | $65,388,323 | – | 4,728,006 | – | 5.94% | – |
| NICE | New | NICE LTDsponsored adr | $63,015,747 | – | 305,161 | – | 5.73% | – |
| INTA | New | INTAPP INC | $59,595,601 | – | 1,421,990 | – | 5.42% | – |
| FROG | New | JFROG LTD | $57,278,836 | – | 2,067,828 | – | 5.21% | – |
| MORN | New | MORNINGSTAR INC | $53,736,905 | – | 274,070 | – | 4.88% | – |
| WK | New | WORKIVA INC | $38,660,281 | – | 380,290 | – | 3.51% | – |
| PRMW | New | PRIMO WATER CORPORATION | $29,023,642 | – | 2,314,485 | – | 2.64% | – |
| ADSK | New | AUTODESK INC | $3,319,183 | – | 16,222 | – | 0.30% | – |
Q4 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Exit | DEFINITIVE HEALTHCARE CORP | $0 | – | -892,239 | – | -1.35% | – | |
| COUP | Exit | COUPA SOFTWARE INC | $0 | – | -412,601 | – | -2.37% | – |
| ADSK | Exit | AUTODESK INC | $0 | – | -167,497 | – | -3.05% | – |
| AVLR | Exit | AVALARA INC | $0 | – | -545,705 | – | -4.89% | – |
| NICE | Exit | NICE LTDsponsored adr | $0 | – | -346,923 | – | -6.37% | – |
| TYL | Exit | TYLER TECHNOLOGIES INC | $0 | – | -190,610 | – | -6.46% | – |
| MORN | Exit | MORNINGSTAR INC | $0 | – | -327,284 | – | -6.78% | – |
| PRMW | Exit | PRIMO WATER CORPORATION | $0 | – | -6,418,746 | – | -7.86% | – |
| CYBR | Exit | CYBERARK SOFTWARE LTD | $0 | – | -582,283 | – | -8.52% | – |
| WK | Exit | WORKIVA INC | $0 | – | -1,143,886 | – | -8.68% | – |
| REZI | Exit | RESIDEO TECHNOLOGIES INC | $0 | – | -4,988,308 | – | -9.28% | – |
| DOOR | Exit | MASONITE INTL CORP | $0 | – | -1,475,337 | – | -10.26% | – |
| PTC | Exit | PTC INC | $0 | – | -1,166,656 | – | -11.91% | – |
| NOW | Exit | SERVICENOW INC | $0 | – | -331,060 | – | -12.20% | – |
Q3 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NOW | Buy | SERVICENOW INC | $125,012,000 | -15.0% | 331,060 | +7.0% | 12.20% | -5.0% |
| PTC | Sell | PTC INC | $122,032,000 | -2.4% | 1,166,656 | -0.8% | 11.91% | +9.0% |
| DOOR | Sell | MASONITE INTL CORP | $105,177,000 | -7.9% | 1,475,337 | -0.8% | 10.26% | +2.8% |
| REZI | Sell | RESIDEO TECHNOLOGIES INC | $95,077,000 | -2.6% | 4,988,308 | -0.8% | 9.28% | +8.8% |
| WK | Buy | WORKIVA INC | $88,994,000 | +21.2% | 1,143,886 | +2.8% | 8.68% | +35.4% |
| CYBR | Sell | CYBERARK SOFTWARE LTD | $87,308,000 | +16.3% | 582,283 | -0.8% | 8.52% | +29.9% |
| PRMW | Sell | PRIMO WATER CORPORATION | $80,555,000 | -6.9% | 6,418,746 | -0.8% | 7.86% | +4.0% |
| MORN | Buy | MORNINGSTAR INC | $69,489,000 | -3.6% | 327,284 | +9.8% | 6.78% | +7.7% |
| TYL | Sell | TYLER TECHNOLOGIES INC | $66,237,000 | +3.7% | 190,610 | -0.7% | 6.46% | +15.9% |
| NICE | Sell | NICE LTDsponsored adr | $65,305,000 | -3.0% | 346,923 | -0.8% | 6.37% | +8.4% |
| AVLR | Sell | AVALARA INC | $50,096,000 | -18.9% | 545,705 | -37.6% | 4.89% | -9.4% |
| ADSK | Sell | AUTODESK INC | $31,288,000 | +7.8% | 167,497 | -0.8% | 3.05% | +20.4% |
| COUP | Sell | COUPA SOFTWARE INC | $24,261,000 | +2.2% | 412,601 | -0.8% | 2.37% | +14.2% |
| Sell | DEFINITIVE HEALTHCARE CORP | $13,865,000 | -32.8% | 892,239 | -0.8% | 1.35% | -24.9% | |
| PEGA | Exit | PEGASYSTEMS INC | $0 | – | -650,440 | – | -2.72% | – |
| CPRT | Exit | COPART INC | $0 | – | -517,160 | – | -4.91% | – |
Q2 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NOW | New | SERVICENOW INC | $147,070,000 | – | 309,283 | – | 12.85% | – |
| PTC | New | PTC INC | $125,043,000 | – | 1,175,882 | – | 10.92% | – |
| DOOR | New | MASONITE INTL CORP | $114,247,000 | – | 1,487,008 | – | 9.98% | – |
| REZI | New | RESIDEO TECHNOLOGIES INC | $97,639,000 | – | 5,027,758 | – | 8.53% | – |
| PRMW | New | PRIMO WATER CORPORATION | $86,562,000 | – | 6,469,516 | – | 7.56% | – |
| CYBR | New | CYBERARK SOFTWARE LTD | $75,098,000 | – | 586,887 | – | 6.56% | – |
| WK | New | WORKIVA INC | $73,412,000 | – | 1,112,476 | – | 6.41% | – |
| MORN | New | MORNINGSTAR INC | $72,054,000 | – | 297,952 | – | 6.29% | – |
| NICE | New | NICE LTDsponsored adr | $67,293,000 | – | 349,667 | – | 5.88% | – |
| TYL | New | TYLER TECHNOLOGIES INC | $63,852,000 | – | 192,047 | – | 5.58% | – |
| AVLR | New | AVALARA INC | $61,751,000 | – | 874,654 | – | 5.39% | – |
| CPRT | New | COPART INC | $56,195,000 | – | 517,160 | – | 4.91% | – |
| PEGA | New | PEGASYSTEMS INC | $31,117,000 | – | 650,440 | – | 2.72% | – |
| ADSK | New | AUTODESK INC | $29,031,000 | – | 168,822 | – | 2.54% | – |
| COUP | New | COUPA SOFTWARE INC | $23,746,000 | – | 415,863 | – | 2.07% | – |
| New | DEFINITIVE HEALTHCARE CORP | $20,621,000 | – | 899,294 | – | 1.80% | – |
Q4 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| RCM | Exit | R1 RCM INC | $0 | – | -1,525,703 | – | -1.86% | – |
| NICE | Exit | NICE LTDsponsored adr | $0 | – | -182,291 | – | -2.87% | – |
| WIX | Exit | WIX COM LTD | $0 | – | -265,601 | – | -2.88% | – |
| ADSK | Exit | AUTODESK INC | $0 | – | -183,471 | – | -2.90% | – |
| MORN | Exit | MORNINGSTAR INC | $0 | – | -243,867 | – | -3.50% | – |
| DSGX | Exit | DESCARTES SYS GROUP INC | $0 | – | -895,331 | – | -4.03% | – |
| TYL | Exit | TYLER TECHNOLOGIES INC | $0 | – | -229,636 | – | -5.83% | – |
| PRMW | Exit | PRIMO WATER CORPORATION | $0 | – | -7,011,373 | – | -6.10% | – |
| CPRT | Exit | COPART INC | $0 | – | -978,046 | – | -7.51% | – |
| WK | Exit | WORKIVA INC | $0 | – | -1,088,397 | – | -8.50% | – |
| DOOR | Exit | MASONITE INTL CORP | $0 | – | -1,673,806 | – | -9.84% | – |
| REZI | Exit | RESIDEO TECHNOLOGIES INC | $0 | – | -7,363,610 | – | -10.11% | – |
| PEGA | Exit | PEGASYSTEMS INC | $0 | – | -1,590,642 | – | -11.20% | – |
| PTC | Exit | PTC INC | $0 | – | -1,709,194 | – | -11.34% | – |
| NOW | Exit | SERVICENOW INC | $0 | – | -334,801 | – | -11.54% | – |
Q3 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NOW | Sell | SERVICENOW INC | $208,337,000 | +11.6% | 334,801 | -1.5% | 11.54% | +15.8% |
| PTC | Sell | PTC INC | $204,744,000 | -16.4% | 1,709,194 | -1.4% | 11.34% | -13.2% |
| PEGA | Sell | PEGASYSTEMS INC | $202,171,000 | -10.0% | 1,590,642 | -1.4% | 11.20% | -6.5% |
| REZI | Sell | RESIDEO TECHNOLOGIES INC | $182,544,000 | -18.5% | 7,363,610 | -1.4% | 10.11% | -15.4% |
| DOOR | Sell | MASONITE INTL CORP | $177,641,000 | -6.4% | 1,673,806 | -1.4% | 9.84% | -2.8% |
| WK | Sell | WORKIVA INC | $153,420,000 | +24.8% | 1,088,397 | -1.4% | 8.50% | +29.6% |
| CPRT | Sell | COPART INC | $135,675,000 | +3.7% | 978,046 | -1.4% | 7.51% | +7.7% |
| PRMW | Sell | PRIMO WATER CORPORATION | $110,219,000 | -7.3% | 7,011,373 | -1.4% | 6.10% | -3.8% |
| TYL | Sell | TYLER TECHNOLOGIES INC | $105,323,000 | +0.0% | 229,636 | -1.4% | 5.83% | +3.8% |
| DSGX | Sell | DESCARTES SYS GROUP INC | $72,755,000 | +15.9% | 895,331 | -1.4% | 4.03% | +20.3% |
| MORN | Buy | MORNINGSTAR INC | $63,169,000 | +4.5% | 243,867 | +3.8% | 3.50% | +8.5% |
| ADSK | Sell | AUTODESK INC | $52,320,000 | -3.6% | 183,471 | -1.3% | 2.90% | +0.0% |
| WIX | Sell | WIX COM LTD | $52,050,000 | -33.4% | 265,601 | -1.4% | 2.88% | -30.9% |
| NICE | New | NICE LTDsponsored adr | $51,778,000 | – | 182,291 | – | 2.87% | – |
| RCM | Sell | R1 RCM INC | $33,581,000 | -2.4% | 1,525,703 | -1.4% | 1.86% | +1.3% |
| CSOD | Exit | CORNERSTONE ONDEMAND INC | $0 | – | -706,703 | – | -1.94% | – |
Q2 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PTC | New | PTC INC | $244,940,000 | – | 1,733,968 | – | 13.06% | – |
| PEGA | New | PEGASYSTEMS INC | $224,573,000 | – | 1,613,425 | – | 11.98% | – |
| REZI | New | RESIDEO TECHNOLOGIES INC | $224,113,000 | – | 7,470,434 | – | 11.95% | – |
| DOOR | New | MASONITE INTL CORP | $189,837,000 | – | 1,698,160 | – | 10.13% | – |
| NOW | New | SERVICENOW INC | $186,757,000 | – | 339,836 | – | 9.96% | – |
| CPRT | New | COPART INC | $130,811,000 | – | 992,272 | – | 6.98% | – |
| WK | New | WORKIVA INC | $122,930,000 | – | 1,104,194 | – | 6.56% | – |
| PRMW | New | PRIMO WATER CORPORATION | $118,917,000 | – | 7,108,019 | – | 6.34% | – |
| TYL | New | TYLER TECHNOLOGIES INC | $105,309,000 | – | 232,794 | – | 5.62% | – |
| WIX | New | WIX COM LTD | $78,185,000 | – | 269,343 | – | 4.17% | – |
| DSGX | New | DESCARTES SYS GROUP INC | $62,776,000 | – | 907,694 | – | 3.35% | – |
| MORN | New | MORNINGSTAR INC | $60,424,000 | – | 235,012 | – | 3.22% | – |
| ADSK | New | AUTODESK INC | $54,288,000 | – | 185,980 | – | 2.90% | – |
| CSOD | New | CORNERSTONE ONDEMAND INC | $36,452,000 | – | 706,703 | – | 1.94% | – |
| RCM | New | R1 RCM INC | $34,420,000 | – | 1,547,641 | – | 1.84% | – |
Q4 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| WK | Exit | WORKIVA INC | $0 | – | -836,479 | – | -2.78% | – |
| PFPT | Exit | PROOFPOINT INC | $0 | – | -446,743 | – | -2.81% | – |
| ADSK | Exit | AUTODESK INC | $0 | – | -231,383 | – | -3.19% | – |
| DSGX | Exit | DESCARTES SYS GROUP INC | $0 | – | -950,670 | – | -3.23% | – |
| WIX | Exit | WIX COM LTD | $0 | – | -292,579 | – | -4.45% | – |
| OTEX | Exit | OPEN TEXT CORP | $0 | – | -1,787,734 | – | -4.50% | – |
| TLND | Exit | TALEND S Aads | $0 | – | -2,083,112 | – | -4.85% | – |
| TYL | Exit | TYLER TECHNOLOGIES INC | $0 | – | -279,225 | – | -5.81% | – |
| REZI | Exit | RESIDEO TECHNOLOGIES INC | $0 | – | -8,867,011 | – | -5.82% | – |
| ACN | Exit | ACCENTURE PLC IRELAND | $0 | – | -437,170 | – | -5.89% | – |
| PRMW | Exit | PRIMO WATER CORPORATION | $0 | – | -7,279,754 | – | -6.17% | – |
| CPRT | Exit | COPART INC | $0 | – | -1,011,149 | – | -6.34% | – |
| PEGA | Exit | PEGASYSTEMS INC | $0 | – | -1,060,627 | – | -7.66% | – |
| DOOR | Exit | MASONITE INTL CORP | $0 | – | -1,948,778 | – | -11.44% | – |
| PTC | Exit | PTC INC | $0 | – | -2,531,346 | – | -12.49% | – |
| NOW | Exit | SERVICENOW INC | $0 | – | -433,846 | – | -12.55% | – |
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NOW | Sell | SERVICENOW INC | $210,415,000 | +13.5% | 433,846 | -5.2% | 12.55% | +4.2% |
| PTC | Sell | PTC INC | $209,393,000 | +1.0% | 2,531,346 | -5.0% | 12.49% | -7.3% |
| DOOR | Sell | MASONITE INTL CORP | $191,760,000 | +23.4% | 1,948,778 | -2.4% | 11.44% | +13.3% |
| PEGA | Buy | PEGASYSTEMS INC | $128,378,000 | +79.5% | 1,060,627 | +50.0% | 7.66% | +64.8% |
| CPRT | Buy | COPART INC | $106,332,000 | +90.7% | 1,011,149 | +51.0% | 6.34% | +75.1% |
| PRMW | Buy | PRIMO WATER CORPORATION | $103,373,000 | +129.1% | 7,279,754 | +121.9% | 6.17% | +110.4% |
| ACN | Sell | ACCENTURE PLC IRELAND | $98,796,000 | -15.8% | 437,170 | -20.0% | 5.89% | -22.7% |
| REZI | Sell | RESIDEO TECHNOLOGIES INC | $97,537,000 | -6.3% | 8,867,011 | -0.1% | 5.82% | -13.9% |
| TYL | Sell | TYLER TECHNOLOGIES INC | $97,327,000 | -4.8% | 279,225 | -5.2% | 5.81% | -12.6% |
| TLND | Buy | TALEND S Aads | $81,325,000 | +15.3% | 2,083,112 | +2.3% | 4.85% | +5.8% |
| OTEX | Sell | OPEN TEXT CORP | $75,514,000 | -49.9% | 1,787,734 | -49.6% | 4.50% | -54.0% |
| WIX | Buy | WIX COM LTD | $74,564,000 | -0.4% | 292,579 | +0.1% | 4.45% | -8.6% |
| DSGX | Sell | DESCARTES SYS GROUP INC | $54,169,000 | +3.8% | 950,670 | -3.6% | 3.23% | -4.7% |
| ADSK | Sell | AUTODESK INC | $53,452,000 | -8.5% | 231,383 | -5.3% | 3.19% | -16.0% |
| PFPT | Buy | PROOFPOINT INC | $47,154,000 | +119.6% | 446,743 | +131.1% | 2.81% | +101.5% |
| WK | Buy | WORKIVA INC | $46,642,000 | +35.8% | 836,479 | +30.3% | 2.78% | +24.7% |
| PRGS | Exit | PROGRESS SOFTWARE CORP | $0 | – | -829,699 | – | -2.09% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PTC | New | PTC INC | $207,374,000 | – | 2,665,819 | – | 13.48% | – |
| NOW | New | SERVICENOW INC | $185,411,000 | – | 457,738 | – | 12.05% | – |
| DOOR | New | MASONITE INTL CORP NEW | $155,355,000 | – | 1,997,364 | – | 10.10% | – |
| OTEX | New | OPEN TEXT CORP | $150,796,000 | – | 3,549,802 | – | 9.80% | – |
| ACN | New | ACCENTURE PLC IRELAND | $117,271,000 | – | 546,160 | – | 7.62% | – |
| REZI | New | RESIDEO TECHNOLOGIES INC | $104,064,000 | – | 8,879,190 | – | 6.76% | – |
| TYL | New | TYLER TECHNOLOGIES INC | $102,222,000 | – | 294,689 | – | 6.64% | – |
| WIX | New | WIX COM LTD | $74,873,000 | – | 292,221 | – | 4.86% | – |
| PEGA | New | PEGASYSTEMS INC | $71,515,000 | – | 706,884 | – | 4.65% | – |
| TLND | New | TALEND S Aads | $70,561,000 | – | 2,035,801 | – | 4.58% | – |
| ADSK | New | AUTODESK INC | $58,423,000 | – | 244,255 | – | 3.80% | – |
| CPRT | New | COPART INC | $55,758,000 | – | 669,606 | – | 3.62% | – |
| DSGX | New | DESCARTES SYS GROUP INC | $52,165,000 | – | 986,109 | – | 3.39% | – |
| PRMW | New | PRIMO WATER CORPORATION | $45,112,000 | – | 3,280,900 | – | 2.93% | – |
| WK | New | WORKIVA INC | $34,351,000 | – | 642,193 | – | 2.23% | – |
| PRGS | New | PROGRESS SOFTWARE CORP | $32,151,000 | – | 829,699 | – | 2.09% | – |
| PFPT | New | PROOFPOINT INC | $21,477,000 | – | 193,276 | – | 1.40% | – |
Q4 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NATI | Exit | NATIONAL INSTRS CORP | $0 | – | -1,167,999 | – | -3.22% | – |
| TLND | Exit | TALEND S Aads | $0 | – | -1,793,435 | – | -4.00% | – |
| AMAT | Exit | APPLIED MATLS INC | $0 | – | -1,671,155 | – | -5.47% | – |
| REZI | Exit | RESIDEO TECHNOLOGIES INC | $0 | – | -6,102,881 | – | -5.74% | – |
| INST | Exit | INSTRUCTURE INC | $0 | – | -2,731,524 | – | -6.94% | – |
| DOOR | Exit | MASONITE INTL CORP NEW | $0 | – | -1,920,701 | – | -7.30% | – |
| PTC | Exit | PTC INC | $0 | – | -1,723,431 | – | -7.71% | – |
| ACN | Exit | ACCENTURE PLC IRELAND | $0 | – | -647,953 | – | -8.17% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -4,537,880 | – | -8.97% | – |
| OTEX | Exit | OPEN TEXT CORP | $0 | – | -3,674,960 | – | -9.84% | – |
| TYL | Exit | TYLER TECHNOLOGIES INC | $0 | – | -604,660 | – | -10.41% | – |
| NOW | Exit | SERVICENOW INC | $0 | – | -627,193 | – | -10.44% | – |
| CSOD | Exit | CORNERSTONE ONDEMAND INC | $0 | – | -3,280,834 | – | -11.80% | – |
Q3 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CSOD | Buy | CORNERSTONE ONDEMAND INC | $179,855,000 | -4.2% | 3,280,834 | +1.2% | 11.80% | +0.8% |
| NOW | Buy | SERVICENOW INC | $159,213,000 | -6.4% | 627,193 | +1.3% | 10.44% | -1.4% |
| TYL | Buy | TYLER TECHNOLOGIES INC | $158,723,000 | +23.0% | 604,660 | +1.2% | 10.41% | +29.4% |
| OTEX | Buy | OPEN TEXT CORP | $149,975,000 | +0.2% | 3,674,960 | +1.2% | 9.84% | +5.5% |
| AXTA | Buy | AXALTA COATING SYS LTD | $136,817,000 | +2.6% | 4,537,880 | +1.3% | 8.97% | +8.0% |
| ACN | Sell | ACCENTURE PLC IRELAND | $124,634,000 | -26.7% | 647,953 | -29.6% | 8.17% | -22.8% |
| PTC | Sell | PTC INC | $117,504,000 | -25.9% | 1,723,431 | -2.4% | 7.71% | -22.0% |
| DOOR | Buy | MASONITE INTL CORP NEW | $111,401,000 | +11.5% | 1,920,701 | +1.3% | 7.30% | +17.3% |
| INST | Buy | INSTRUCTURE INC | $105,819,000 | -7.8% | 2,731,524 | +1.2% | 6.94% | -2.9% |
| REZI | Buy | RESIDEO TECHNOLOGIES INC | $87,576,000 | -13.3% | 6,102,881 | +32.4% | 5.74% | -8.8% |
| AMAT | Buy | APPLIED MATLS INC | $83,391,000 | +12.5% | 1,671,155 | +1.3% | 5.47% | +18.4% |
| TLND | Buy | TALEND S Aads | $60,941,000 | -10.8% | 1,793,435 | +1.3% | 4.00% | -6.2% |
| NATI | Buy | NATIONAL INSTRS CORP | $49,044,000 | +1.3% | 1,167,999 | +1.3% | 3.22% | +6.6% |
Q2 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CSOD | New | CORNERSTONE ONDEMAND INC | $187,779,000 | – | 3,241,474 | – | 11.70% | – |
| NOW | New | SERVICENOW INC | $170,029,000 | – | 619,256 | – | 10.59% | – |
| ACN | New | ACCENTURE PLC IRELAND | $169,975,000 | – | 919,926 | – | 10.59% | – |
| PTC | New | PTC INC | $158,528,000 | – | 1,766,130 | – | 9.88% | – |
| OTEX | New | OPEN TEXT CORP | $149,642,000 | – | 3,632,083 | – | 9.32% | – |
| AXTA | New | AXALTA COATING SYS LTD | $133,381,000 | – | 4,480,394 | – | 8.31% | – |
| TYL | New | TYLER TECHNOLOGIES INC | $129,068,000 | – | 597,482 | – | 8.04% | – |
| INST | New | INSTRUCTURE INC | $114,739,000 | – | 2,699,741 | – | 7.15% | – |
| REZI | New | RESIDEO TECHNOLOGIES INC | $101,018,000 | – | 4,608,486 | – | 6.29% | – |
| DOOR | New | MASONITE INTL CORP NEW | $99,924,000 | – | 1,896,820 | – | 6.23% | – |
| AMAT | New | APPLIED MATLS INC | $74,111,000 | – | 1,650,214 | – | 4.62% | – |
| TLND | New | TALEND S Aads | $68,332,000 | – | 1,770,724 | – | 4.26% | – |
| NATI | New | NATIONAL INSTRS CORP | $48,421,000 | – | 1,153,158 | – | 3.02% | – |
Q4 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PRGS | Exit | PROGRESS SOFTWARE CORP | $0 | – | -276,408 | – | -0.68% | – |
| TDC | Exit | TERADATA CORP DEL | $0 | – | -1,444,649 | – | -3.80% | – |
| NATI | Exit | NATIONAL INSTRS CORP | $0 | – | -1,134,628 | – | -3.82% | – |
| AMAT | Exit | APPLIED MATLS INC | $0 | – | -1,624,026 | – | -4.37% | – |
| NX | Exit | QUANEX BUILDING PRODUCTS COR | $0 | – | -3,480,180 | – | -4.41% | – |
| TLND | Exit | TALEND S Aads | $0 | – | -965,860 | – | -4.69% | – |
| NOW | Exit | SERVICENOW INC | $0 | – | -426,213 | – | -5.81% | – |
| DOOR | Exit | MASONITE INTL CORP NEW | $0 | – | -1,623,617 | – | -7.25% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -3,997,373 | – | -8.12% | – |
| TYL | Exit | TYLER TECHNOLOGIES INC | $0 | – | -549,394 | – | -9.38% | – |
| ACN | Exit | ACCENTURE PLC IRELAND | $0 | – | -905,295 | – | -10.73% | – |
| OTEX | Exit | OPEN TEXT CORP | $0 | – | -4,138,027 | – | -10.97% | – |
| CSOD | Exit | CORNERSTONE ONDEMAND INC | $0 | – | -3,204,616 | – | -12.67% | – |
| PTC | Exit | PTC INC | $0 | – | -1,798,263 | – | -13.30% | – |
Q3 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PTC | Sell | PTC INC | $190,958,000 | -3.2% | 1,798,263 | -14.5% | 13.30% | -10.4% |
| CSOD | Sell | CORNERSTONE ONDEMAND INC | $181,862,000 | +17.3% | 3,204,616 | -2.0% | 12.67% | +8.6% |
| OTEX | Buy | OPEN TEXT CORP | $157,411,000 | +17.4% | 4,138,027 | +8.6% | 10.97% | +8.7% |
| ACN | Buy | ACCENTURE PLC IRELAND | $154,081,000 | +12.8% | 905,295 | +8.5% | 10.73% | +4.5% |
| TYL | Buy | TYLER TECHNOLOGIES INC | $134,634,000 | +19.8% | 549,394 | +8.5% | 9.38% | +10.9% |
| AXTA | Buy | AXALTA COATING SYS LTD | $116,563,000 | +4.4% | 3,997,373 | +8.5% | 8.12% | -3.3% |
| DOOR | Buy | MASONITE INTL CORP NEW | $104,074,000 | -3.1% | 1,623,617 | +8.6% | 7.25% | -10.3% |
| NOW | Buy | SERVICENOW INC | $83,380,000 | +23.1% | 426,213 | +8.5% | 5.81% | +14.0% |
| TLND | New | TALEND S Aads | $67,359,000 | – | 965,860 | – | 4.69% | – |
| NX | Sell | QUANEX BUILDING PRODUCTS COR | $63,339,000 | +1.4% | 3,480,180 | -0.0% | 4.41% | -6.1% |
| AMAT | Buy | APPLIED MATLS INC | $62,769,000 | -9.2% | 1,624,026 | +8.5% | 4.37% | -15.9% |
| NATI | Buy | NATIONAL INSTRS CORP | $54,837,000 | +24.9% | 1,134,628 | +8.5% | 3.82% | +15.7% |
| TDC | New | TERADATA CORP DEL | $54,478,000 | – | 1,444,649 | – | 3.80% | – |
| PRGS | New | PROGRESS SOFTWARE CORP | $9,754,000 | – | 276,408 | – | 0.68% | – |
| AEIS | Exit | ADVANCED ENERGY INDS | $0 | – | -455,040 | – | -1.99% | – |
| WAT | Exit | WATERS CORP | $0 | – | -172,837 | – | -2.52% | – |
| SABR | Exit | SABRE CORP | $0 | – | -2,916,475 | – | -5.40% | – |
Q2 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PTC | New | PTC INC | $197,301,000 | – | 2,103,199 | – | 14.84% | – |
| CSOD | New | CORNERSTONE ONDEMAND INC | $155,047,000 | – | 3,268,960 | – | 11.66% | – |
| ACN | New | ACCENTURE PLC IRELAND | $136,555,000 | – | 834,738 | – | 10.27% | – |
| OTEX | New | OPEN TEXT CORP | $134,123,000 | – | 3,811,407 | – | 10.09% | – |
| TYL | New | TYLER TECHNOLOGIES INC | $112,423,000 | – | 506,183 | – | 8.46% | – |
| AXTA | New | AXALTA COATING SYS LTD | $111,658,000 | – | 3,683,876 | – | 8.40% | – |
| DOOR | New | MASONITE INTL CORP NEW | $107,432,000 | – | 1,495,225 | – | 8.08% | – |
| SABR | New | SABRE CORP | $71,862,000 | – | 2,916,475 | – | 5.40% | – |
| AMAT | New | APPLIED MATLS INC | $69,128,000 | – | 1,496,602 | – | 5.20% | – |
| NOW | New | SERVICENOW INC | $67,724,000 | – | 392,672 | – | 5.09% | – |
| NX | New | QUANEX BUILDING PRODUCTS COR | $62,490,000 | – | 3,481,348 | – | 4.70% | – |
| NATI | New | NATIONAL INSTRS CORP | $43,888,000 | – | 1,045,442 | – | 3.30% | – |
| WAT | New | WATERS CORP | $33,460,000 | – | 172,837 | – | 2.52% | – |
| AEIS | New | ADVANCED ENERGY INDS | $26,433,000 | – | 455,040 | – | 1.99% | – |
Q4 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| WAT | Exit | WATERS CORP | $0 | – | -168,810 | – | -2.47% | – |
| AEIS | Exit | ADVANCED ENERGY INDS | $0 | – | -445,867 | – | -2.94% | – |
| NATI | Exit | NATIONAL INSTRS CORP | $0 | – | -978,929 | – | -3.37% | – |
| NOW | Exit | SERVICENOW INC | $0 | – | -377,296 | – | -3.62% | – |
| SABR | Exit | SABRE CORP | $0 | – | -2,889,727 | – | -4.27% | – |
| AMAT | Exit | APPLIED MATLS INC | $0 | – | -1,494,411 | – | -6.35% | – |
| NX | Exit | QUANEX BUILDING PRODUCTS COR | $0 | – | -3,419,624 | – | -6.41% | – |
| TYL | Exit | TYLER TECHNOLOGIES INC | $0 | – | -488,003 | – | -6.94% | – |
| OTEX | Exit | OPEN TEXT CORP | $0 | – | -2,670,798 | – | -7.04% | – |
| DOOR | Exit | MASONITE INTL CORP NEW | $0 | – | -1,289,406 | – | -7.28% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -3,436,767 | – | -8.11% | – |
| ACN | Exit | ACCENTURE PLC IRELAND | $0 | – | -791,698 | – | -8.73% | – |
| CSOD | Exit | CORNERSTONE ONDEMAND INC | $0 | – | -2,878,311 | – | -9.54% | – |
| PTC | Exit | PTC INC | $0 | – | -2,100,128 | – | -9.65% | – |
| PRGS | Exit | PROGRESS SOFTWARE CORP | $0 | – | -4,260,853 | – | -13.28% | – |
Q3 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PRGS | Buy | PROGRESS SOFTWARE CORP | $162,637,000 | +32.4% | 4,260,853 | +7.1% | 13.28% | +36.4% |
| PTC | Sell | PTC INC | $118,195,000 | -0.3% | 2,100,128 | -2.4% | 9.65% | +2.7% |
| CSOD | Sell | CORNERSTONE ONDEMAND INC | $116,888,000 | +10.9% | 2,878,311 | -2.4% | 9.54% | +14.2% |
| ACN | Sell | ACCENTURE PLC IRELAND | $106,935,000 | +6.6% | 791,698 | -2.4% | 8.73% | +9.8% |
| AXTA | Buy | AXALTA COATING SYS LTD | $99,391,000 | -6.9% | 3,436,767 | +3.2% | 8.11% | -4.1% |
| DOOR | Buy | MASONITE INTL CORP NEW | $89,227,000 | -0.4% | 1,289,406 | +8.7% | 7.28% | +2.6% |
| OTEX | Sell | OPEN TEXT CORP | $86,240,000 | -0.1% | 2,670,798 | -2.4% | 7.04% | +2.9% |
| TYL | Sell | TYLER TECHNOLOGIES INC | $85,069,000 | -3.1% | 488,003 | -2.4% | 6.94% | -0.2% |
| NX | Buy | QUANEX BUILDING PRODUCTS COR | $78,480,000 | +9.4% | 3,419,624 | +0.8% | 6.41% | +12.7% |
| AMAT | Sell | APPLIED MATLS INC | $77,844,000 | +23.2% | 1,494,411 | -2.3% | 6.35% | +26.9% |
| SABR | Sell | SABRE CORP | $52,304,000 | -18.8% | 2,889,727 | -2.3% | 4.27% | -16.4% |
| NOW | Sell | SERVICENOW INC | $44,344,000 | +8.3% | 377,296 | -2.3% | 3.62% | +11.5% |
| NATI | Buy | NATIONAL INSTRS CORP | $41,281,000 | +23.2% | 978,929 | +17.5% | 3.37% | +26.9% |
| AEIS | Sell | ADVANCED ENERGY INDS | $36,008,000 | +21.8% | 445,867 | -2.4% | 2.94% | +25.5% |
| WAT | Sell | WATERS CORP | $30,305,000 | -4.6% | 168,810 | -2.3% | 2.47% | -1.7% |
| COL | Exit | ROCKWELL COLLINS INC | $0 | – | -1,039,167 | – | -8.65% | – |
Q2 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PRGS | New | PROGRESS SOFTWARE CORP | $122,846,000 | – | 3,976,885 | – | 9.74% | – |
| PTC | New | PTC INC | $118,570,000 | – | 2,151,120 | – | 9.40% | – |
| COL | New | ROCKWELL COLLINS INC | $109,196,000 | – | 1,039,167 | – | 8.65% | – |
| AXTA | New | AXALTA COATING SYS LTD | $106,746,000 | – | 3,331,637 | – | 8.46% | – |
| CSOD | New | CORNERSTONE ONDEMAND INC | $105,397,000 | – | 2,948,169 | – | 8.35% | – |
| ACN | New | ACCENTURE PLC IRELAND | $100,297,000 | – | 810,939 | – | 7.95% | – |
| DOOR | New | MASONITE INTL CORP NEW | $89,576,000 | – | 1,186,432 | – | 7.10% | – |
| TYL | New | TYLER TECHNOLOGIES INC | $87,822,000 | – | 499,927 | – | 6.96% | – |
| OTEX | New | OPEN TEXT CORP | $86,292,000 | – | 2,735,964 | – | 6.84% | – |
| NX | New | QUANEX BUILDING PRODUCTS COR | $71,756,000 | – | 3,392,696 | – | 5.69% | – |
| SABR | New | SABRE CORP | $64,410,000 | – | 2,958,661 | – | 5.10% | – |
| AMAT | New | APPLIED MATLS INC | $63,172,000 | – | 1,529,218 | – | 5.01% | – |
| NOW | New | SERVICENOW INC | $40,949,000 | – | 386,308 | – | 3.24% | – |
| NATI | New | NATIONAL INSTRS CORP | $33,505,000 | – | 833,052 | – | 2.66% | – |
| WAT | New | WATERS CORP | $31,774,000 | – | 172,837 | – | 2.52% | – |
| AEIS | New | ADVANCED ENERGY INDS | $29,558,000 | – | 456,917 | – | 2.34% | – |
Q4 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NEWR | Exit | NEW RELIC INC | $0 | – | -686,400 | – | -2.23% | – |
| NOW | Exit | SERVICENOW INC | $0 | – | -344,514 | – | -2.31% | – |
| WAT | Exit | WATERS CORP | $0 | – | -185,902 | – | -2.50% | – |
| NX | Exit | QUANEX BUILDING PRODUCTS COR | $0 | – | -3,322,556 | – | -4.86% | – |
| SABR | Exit | SABRE CORP | $0 | – | -2,819,149 | – | -6.73% | – |
| AEIS | Exit | ADVANCED ENERGY INDS | $0 | – | -1,734,446 | – | -6.95% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -2,937,383 | – | -7.03% | – |
| COL | Exit | ROCKWELL COLLINS INC | $0 | – | -1,117,663 | – | -7.98% | – |
| OTEX | Exit | OPEN TEXT CORP | $0 | – | -1,472,620 | – | -8.09% | – |
| PTC | Exit | PTC INC | $0 | – | -2,314,799 | – | -8.68% | – |
| AMAT | Exit | APPLIED MATLS INC | $0 | – | -3,528,379 | – | -9.01% | – |
| ACN | Exit | ACCENTURE PLC IRELAND | $0 | – | -872,487 | – | -9.03% | – |
| CSOD | Exit | CORNERSTONE ONDEMAND INC | $0 | – | -2,888,285 | – | -11.24% | – |
| PRGS | Exit | PROGRESS SOFTWARE CORP | $0 | – | -5,807,017 | – | -13.38% | – |
Q3 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PRGS | Sell | PROGRESS SOFTWARE CORP | $157,951,000 | -14.4% | 5,807,017 | -13.6% | 13.38% | -17.0% |
| CSOD | Buy | CORNERSTONE ONDEMAND INC | $132,717,000 | +21.5% | 2,888,285 | +0.6% | 11.24% | +17.9% |
| ACN | Buy | ACCENTURE PLC IRELAND | $106,592,000 | +8.5% | 872,487 | +0.6% | 9.03% | +5.3% |
| AMAT | Sell | APPLIED MATLS INC | $106,381,000 | -2.7% | 3,528,379 | -22.7% | 9.01% | -5.6% |
| PTC | Buy | PTC INC | $102,569,000 | +18.7% | 2,314,799 | +0.6% | 8.68% | +15.1% |
| OTEX | Sell | OPEN TEXT CORP | $95,514,000 | -7.0% | 1,472,620 | -15.2% | 8.09% | -9.8% |
| COL | Buy | ROCKWELL COLLINS INC | $94,264,000 | -0.3% | 1,117,663 | +0.6% | 7.98% | -3.3% |
| AXTA | Buy | AXALTA COATING SYS LTD | $83,040,000 | +7.2% | 2,937,383 | +0.6% | 7.03% | +4.1% |
| AEIS | Sell | ADVANCED ENERGY INDS | $82,074,000 | +12.3% | 1,734,446 | -9.9% | 6.95% | +9.0% |
| SABR | Buy | SABRE CORP | $79,444,000 | +5.9% | 2,819,149 | +0.6% | 6.73% | +2.7% |
| NX | Buy | QUANEX BUILDING PRODUCTS COR | $57,347,000 | -5.8% | 3,322,556 | +1.5% | 4.86% | -8.6% |
| WAT | Buy | WATERS CORP | $29,464,000 | +13.4% | 185,902 | +0.6% | 2.50% | +10.0% |
| NOW | New | SERVICENOW INC | $27,268,000 | – | 344,514 | – | 2.31% | – |
| NEWR | New | NEW RELIC INC | $26,303,000 | – | 686,400 | – | 2.23% | – |
| ORCL | Exit | ORACLE CORP | $0 | – | -1,179,930 | – | -4.22% | – |
Q2 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PRGS | New | PROGRESS SOFTWARE CORP | $184,599,000 | – | 6,722,456 | – | 16.11% | – |
| AMAT | New | APPLIED MATLS INC | $109,378,000 | – | 4,563,110 | – | 9.55% | – |
| CSOD | New | CORNERSTONE ONDEMAND INC | $109,245,000 | – | 2,870,326 | – | 9.53% | – |
| OTEX | New | OPEN TEXT CORP | $102,703,000 | – | 1,736,026 | – | 8.96% | – |
| ACN | New | ACCENTURE PLC IRELAND | $98,223,000 | – | 867,002 | – | 8.57% | – |
| COL | New | ROCKWELL COLLINS INC | $94,566,000 | – | 1,110,706 | – | 8.25% | – |
| PTC | New | PTC INC | $86,444,000 | – | 2,300,265 | – | 7.54% | – |
| AXTA | New | AXALTA COATING SYS LTD | $77,427,000 | – | 2,918,479 | – | 6.76% | – |
| SABR | New | SABRE CORP | $75,044,000 | – | 2,801,179 | – | 6.55% | – |
| AEIS | New | ADVANCED ENERGY INDS | $73,094,000 | – | 1,925,562 | – | 6.38% | – |
| NX | New | QUANEX BUILDING PRODUCTS COR | $60,852,000 | – | 3,273,346 | – | 5.31% | – |
| ORCL | New | ORACLE CORP | $48,295,000 | – | 1,179,930 | – | 4.22% | – |
| WAT | New | WATERS CORP | $25,985,000 | – | 184,748 | – | 2.27% | – |
Q4 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FIX | Exit | COMFORT SYS USA INC | $0 | – | -1,540,626 | – | -3.91% | – |
| PTC | Exit | PTC INC | $0 | – | -1,461,018 | – | -4.32% | – |
| FTK | Exit | FLOTEK INDS INC DEL | $0 | – | -2,804,874 | – | -4.36% | – |
| AEIS | Exit | ADVANCED ENERGY INDS | $0 | – | -1,972,288 | – | -4.83% | – |
| OTEX | Exit | OPEN TEXT CORP | $0 | – | -1,228,061 | – | -5.12% | – |
| NX | Exit | QUANEX BUILDING PRODUCTS COR | $0 | – | -3,113,800 | – | -5.27% | – |
| WAT | Exit | WATERS CORP | $0 | – | -522,346 | – | -5.75% | – |
| SABR | Exit | SABRE CORP | $0 | – | -2,332,216 | – | -5.90% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -2,543,335 | – | -6.00% | – |
| CSOD | Exit | CORNERSTONE ONDEMAND INC | $0 | – | -2,029,153 | – | -6.24% | – |
| AMAT | Exit | APPLIED MATLS INC | $0 | – | -4,669,815 | – | -6.39% | – |
| ORCL | Exit | ORACLE CORP | $0 | – | -1,965,620 | – | -6.61% | – |
| COL | Exit | ROCKWELL COLLINS INC | $0 | – | -1,137,065 | – | -8.67% | – |
| PRGS | Exit | PROGRESS SOFTWARE CORP | $0 | – | -4,726,814 | – | -11.37% | – |
| ACN | Exit | ACCENTURE PLC IRELAND | $0 | – | -1,667,793 | – | -15.26% | – |
Q3 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ACN | Sell | ACCENTURE PLC IRELAND | $163,877,000 | -4.6% | 1,667,793 | -6.0% | 15.26% | +5.4% |
| PRGS | Sell | PROGRESS SOFTWARE CORP | $122,094,000 | -7.4% | 4,726,814 | -1.4% | 11.37% | +2.3% |
| COL | Sell | ROCKWELL COLLINS INC | $93,057,000 | -16.7% | 1,137,065 | -6.0% | 8.67% | -8.0% |
| ORCL | Sell | ORACLE CORP | $70,998,000 | -15.8% | 1,965,620 | -6.0% | 6.61% | -6.9% |
| AMAT | Sell | APPLIED MATLS INC | $68,600,000 | -28.2% | 4,669,815 | -6.0% | 6.39% | -20.6% |
| CSOD | Buy | CORNERSTONE ONDEMAND INC | $66,962,000 | +114.0% | 2,029,153 | +125.7% | 6.24% | +136.4% |
| AXTA | Buy | AXALTA COATING SYS LTD | $64,448,000 | +113.4% | 2,543,335 | +178.6% | 6.00% | +135.7% |
| SABR | Sell | SABRE CORP | $63,390,000 | +7.1% | 2,332,216 | -6.2% | 5.90% | +18.3% |
| WAT | Sell | WATERS CORP | $61,747,000 | -44.9% | 522,346 | -40.1% | 5.75% | -39.1% |
| NX | Buy | QUANEX BUILDING PRODUCTS COR | $56,578,000 | -2.3% | 3,113,800 | +15.2% | 5.27% | +7.9% |
| OTEX | Buy | OPEN TEXT CORP | $54,956,000 | +106.1% | 1,228,061 | +86.7% | 5.12% | +127.7% |
| AEIS | Buy | ADVANCED ENERGY INDS | $51,871,000 | -3.6% | 1,972,288 | +0.8% | 4.83% | +6.5% |
| FTK | Buy | FLOTEK INDS INC DEL | $46,841,000 | +271.5% | 2,804,874 | +178.7% | 4.36% | +310.3% |
| PTC | Buy | PTC INC | $46,373,000 | +13.8% | 1,461,018 | +47.0% | 4.32% | +25.7% |
| FIX | Sell | COMFORT SYS USA INC | $41,997,000 | -27.9% | 1,540,626 | -39.3% | 3.91% | -20.3% |
| INFA | Exit | INFORMATICA CORP | $0 | – | -2,236,731 | – | -9.14% | – |
Q2 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ACN | New | ACCENTURE PLC IRELAND | $171,721,000 | – | 1,774,342 | – | 14.48% | – |
| PRGS | New | PROGRESS SOFTWARE CORP | $131,828,000 | – | 4,793,731 | – | 11.12% | – |
| WAT | New | WATERS CORP | $111,981,000 | – | 872,265 | – | 9.44% | – |
| COL | New | ROCKWELL COLLINS INC | $111,718,000 | – | 1,209,723 | – | 9.42% | – |
| INFA | New | INFORMATICA CORP | $108,414,000 | – | 2,236,731 | – | 9.14% | – |
| AMAT | New | APPLIED MATLS INC | $95,488,000 | – | 4,968,180 | – | 8.05% | – |
| ORCL | New | ORACLE CORP | $84,272,000 | – | 2,091,123 | – | 7.10% | – |
| SABR | New | SABRE CORP | $59,168,000 | – | 2,486,056 | – | 4.99% | – |
| FIX | New | COMFORT SYS USA INC | $58,236,000 | – | 2,537,519 | – | 4.91% | – |
| NX | New | QUANEX BUILDING PRODUCTS COR | $57,911,000 | – | 2,702,339 | – | 4.88% | – |
| AEIS | New | ADVANCED ENERGY INDS | $53,812,000 | – | 1,957,499 | – | 4.54% | – |
| PTC | New | PTC INC | $40,767,000 | – | 993,844 | – | 3.44% | – |
| CSOD | New | CORNERSTONE ONDEMAND INC | $31,289,000 | – | 899,098 | – | 2.64% | – |
| AXTA | New | AXALTA COATING SYS LTD | $30,201,000 | – | 912,978 | – | 2.55% | – |
| OTEX | New | OPEN TEXT CORP | $26,664,000 | – | 657,882 | – | 2.25% | – |
| FTK | New | FLOTEK INDS INC DEL | $12,610,000 | – | 1,006,422 | – | 1.06% | – |
Q4 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FIX | Exit | COMFORT SYS USA INC | $0 | – | -2,768,135 | – | -3.42% | – |
| NX | Exit | QUANEX BUILDING PRODUCTS COR | $0 | – | -2,231,594 | – | -3.68% | – |
| COL | Exit | ROCKWELL COLLINS INC | $0 | – | -637,386 | – | -4.56% | – |
| ORCL | Exit | ORACLE CORP | $0 | – | -1,475,179 | – | -5.15% | – |
| KFX | Exit | KOFAX LTD | $0 | – | -7,491,565 | – | -5.29% | – |
| ASNA | Exit | ASCENA RETAIL GROUP INC | $0 | – | -5,265,427 | – | -6.38% | – |
| OTEX | Exit | OPEN TEXT CORP | $0 | – | -1,366,660 | – | -6.90% | – |
| INFA | Exit | INFORMATICA CORP | $0 | – | -2,487,302 | – | -7.76% | – |
| WAT | Exit | WATERS CORP | $0 | – | -977,456 | – | -8.83% | – |
| AMAT | Exit | APPLIED MATLS INC | $0 | – | -5,394,248 | – | -10.63% | – |
| PRGS | Exit | PROGRESS SOFTWARE CORP | $0 | – | -4,965,899 | – | -10.82% | – |
| TIBX | Exit | TIBCO SOFTWARE INC | $0 | – | -5,514,216 | – | -11.88% | – |
| ACN | Exit | ACCENTURE PLC IRELAND | $0 | – | -1,980,930 | – | -14.69% | – |
Q3 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ACN | Buy | ACCENTURE PLC IRELAND | $161,089,000 | +3.3% | 1,980,930 | +2.7% | 14.69% | +4.8% |
| TIBX | Buy | TIBCO SOFTWARE INC | $130,301,000 | +20.2% | 5,514,216 | +2.6% | 11.88% | +21.9% |
| PRGS | Buy | PROGRESS SOFTWARE CORP | $118,735,000 | -0.4% | 4,965,899 | +0.2% | 10.82% | +1.1% |
| AMAT | Buy | APPLIED MATLS INC | $116,570,000 | -1.6% | 5,394,248 | +2.7% | 10.63% | -0.2% |
| WAT | Buy | WATERS CORP | $96,885,000 | -2.6% | 977,456 | +2.7% | 8.83% | -1.2% |
| INFA | Buy | INFORMATICA CORP | $85,165,000 | +27.2% | 2,487,302 | +32.5% | 7.76% | +29.1% |
| OTEX | Sell | OPEN TEXT CORP | $75,740,000 | -29.7% | 1,366,660 | -39.2% | 6.90% | -28.7% |
| ASNA | Buy | ASCENA RETAIL GROUP INC | $70,030,000 | -20.1% | 5,265,427 | +2.7% | 6.38% | -19.0% |
| KFX | Buy | KOFAX LTD | $57,985,000 | +35.7% | 7,491,565 | +50.8% | 5.29% | +37.7% |
| ORCL | Buy | ORACLE CORP | $56,470,000 | -3.2% | 1,475,179 | +2.5% | 5.15% | -1.8% |
| COL | Buy | ROCKWELL COLLINS INC | $50,035,000 | +4.0% | 637,386 | +3.5% | 4.56% | +5.6% |
| NX | Buy | QUANEX BUILDING PRODUCTS COR | $40,370,000 | +4.1% | 2,231,594 | +2.8% | 3.68% | +5.6% |
| FIX | Buy | COMFORT SYS USA INC | $37,508,000 | -9.1% | 2,768,135 | +6.0% | 3.42% | -7.8% |
| KNL | Exit | KNOLL INC | $0 | – | -1,144,550 | – | -1.78% | – |
Q2 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ACN | New | ACCENTURE PLC IRELAND | $155,975,000 | – | 1,929,425 | – | 14.02% | – |
| PRGS | New | PROGRESS SOFTWARE CORP | $119,180,000 | – | 4,957,578 | – | 10.71% | – |
| AMAT | New | APPLIED MATLS INC | $118,436,000 | – | 5,252,150 | – | 10.64% | – |
| TIBX | New | TIBCO SOFTWARE INC | $108,400,000 | – | 5,374,335 | – | 9.74% | – |
| OTEX | New | OPEN TEXT CORP | $107,738,000 | – | 2,247,351 | – | 9.68% | – |
| WAT | New | WATERS CORP | $99,448,000 | – | 952,198 | – | 8.94% | – |
| ASNA | New | ASCENA RETAIL GROUP INC | $87,700,000 | – | 5,128,629 | – | 7.88% | – |
| INFA | New | INFORMATICA CORP | $66,930,000 | – | 1,877,422 | – | 6.01% | – |
| ORCL | New | ORACLE CORP | $58,317,000 | – | 1,438,854 | – | 5.24% | – |
| COL | New | ROCKWELL COLLINS INC | $48,103,000 | – | 615,601 | – | 4.32% | – |
| KFX | New | KOFAX LTD | $42,728,000 | – | 4,968,385 | – | 3.84% | – |
| FIX | New | COMFORT SYS USA INC | $41,280,000 | – | 2,612,628 | – | 3.71% | – |
| NX | New | QUANEX BUILDING PRODUCTS COR | $38,784,000 | – | 2,170,367 | – | 3.48% | – |
| KNL | New | KNOLL INC | $19,835,000 | – | 1,144,550 | – | 1.78% | – |
Q4 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AZPN | Exit | ASPEN TECHNOLOGY INC | $0 | – | -514,703 | – | -1.49% | – |
| COL | Exit | ROCKWELL COLLINS INC | $0 | – | -598,238 | – | -3.39% | – |
| NX | Exit | QUANEX BUILDING PRODUCTS COR | $0 | – | -2,452,282 | – | -3.86% | – |
| FIX | Exit | COMFORT SYS USA INC | $0 | – | -2,884,417 | – | -4.05% | – |
| INFA | Exit | INFORMATICA CORP | $0 | – | -1,470,934 | – | -4.79% | – |
| JOSB | Exit | JOS A BANK CLOTHIERS INC | $0 | – | -1,370,722 | – | -5.03% | – |
| KNL | Exit | KNOLL INC | $0 | – | -4,496,423 | – | -6.37% | – |
| AMAT | Exit | APPLIED MATLS INC | $0 | – | -5,904,231 | – | -8.65% | – |
| WAT | Exit | WATERS CORP | $0 | – | -1,050,907 | – | -9.33% | – |
| ASNA | Exit | ASCENA RETAIL GROUP INC | $0 | – | -5,679,889 | – | -9.46% | – |
| PRGS | Exit | PROGRESS SOFTWARE CORP | $0 | – | -4,515,994 | – | -9.76% | – |
| TIBX | Exit | TIBCO SOFTWARE INC | $0 | – | -4,772,549 | – | -10.21% | – |
| OTEX | Exit | OPEN TEXT CORP | $0 | – | -1,674,508 | – | -10.45% | – |
| ACN | Exit | ACCENTURE PLC IRELAND | $0 | – | -2,137,892 | – | -13.16% | – |
Q3 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ACN | Sell | ACCENTURE PLC IRELAND | $157,434,000 | -1.4% | 2,137,892 | -3.7% | 13.16% | -14.7% |
| OTEX | Sell | OPEN TEXT CORP | $125,002,000 | +5.0% | 1,674,508 | -3.7% | 10.45% | -9.1% |
| TIBX | Buy | TIBCO SOFTWARE INC | $122,130,000 | +21.8% | 4,772,549 | +1.9% | 10.21% | +5.5% |
| PRGS | Sell | PROGRESS SOFTWARE CORP | $116,738,000 | +8.2% | 4,515,994 | -3.7% | 9.76% | -6.3% |
| ASNA | Sell | ASCENA RETAIL GROUP INC | $113,200,000 | +10.0% | 5,679,889 | -3.7% | 9.46% | -4.8% |
| WAT | Sell | WATERS CORP | $111,617,000 | +2.2% | 1,050,907 | -3.7% | 9.33% | -11.5% |
| AMAT | Sell | APPLIED MATLS INC | $103,507,000 | +13.2% | 5,904,231 | -3.7% | 8.65% | -2.0% |
| KNL | Sell | KNOLL INC | $76,169,000 | +18.7% | 4,496,423 | -0.4% | 6.37% | +2.7% |
| JOSB | Sell | JOS A BANK CLOTHIERS INC | $60,175,000 | +6.2% | 1,370,722 | -0.0% | 5.03% | -8.0% |
| INFA | New | INFORMATICA CORP | $57,322,000 | – | 1,470,934 | – | 4.79% | – |
| FIX | Sell | COMFORT SYS USA INC | $48,487,000 | +8.5% | 2,884,417 | -3.7% | 4.05% | -6.1% |
| NX | Buy | QUANEX BUILDING PRODUCTS COR | $46,176,000 | +11.8% | 2,452,282 | +0.0% | 3.86% | -3.2% |
| COL | New | ROCKWELL COLLINS INC | $40,596,000 | – | 598,238 | – | 3.39% | – |
| AZPN | Sell | ASPEN TECHNOLOGY INC | $17,783,000 | -53.7% | 514,703 | -61.4% | 1.49% | -59.9% |
Q2 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ACN | New | ACCENTURE PLC IRELAND | $159,750,000 | – | 2,219,985 | – | 15.42% | – |
| OTEX | New | OPEN TEXT CORP | $119,057,000 | – | 1,738,816 | – | 11.50% | – |
| WAT | New | WATERS CORP | $109,181,000 | – | 1,091,261 | – | 10.54% | – |
| PRGS | New | PROGRESS SOFTWARE CORP | $107,880,000 | – | 4,688,418 | – | 10.42% | – |
| ASNA | New | ASCENA RETAIL GROUP INC | $102,904,000 | – | 5,897,076 | – | 9.94% | – |
| TIBX | New | TIBCO SOFTWARE INC | $100,234,000 | – | 4,682,718 | – | 9.68% | – |
| AMAT | New | APPLIED MATLS INC | $91,471,000 | – | 6,130,768 | – | 8.83% | – |
| KNL | New | KNOLL INC | $64,178,000 | – | 4,516,382 | – | 6.20% | – |
| JOSB | New | JOS A BANK CLOTHIERS INC | $56,644,000 | – | 1,370,862 | – | 5.47% | – |
| FIX | New | COMFORT SYS USA INC | $44,693,000 | – | 2,995,536 | – | 4.32% | – |
| NX | New | QUANEX BUILDING PRODUCTS COR | $41,295,000 | – | 2,452,195 | – | 3.99% | – |
| AZPN | New | ASPEN TECHNOLOGY INC | $38,396,000 | – | 1,333,657 | – | 3.71% | – |