Origin Asset Management LLP Activity Q4 2009-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
PDD	Buy	PDD HOLDINGS INCsponsored ads	$84,393,844	+114.7%	860,547	+51.4%	28.08%	+82.3%
BABA	Sell	ALIBABA GROUP HLDG LTDsponsored ads	$82,160,648	+3.8%	947,206	-0.2%	27.34%	-11.8%
VIPS	Buy	VIPSHOP HLDGS LTDsponsored ads a	$56,795,955	+46.2%	3,547,530	+50.7%	18.90%	+24.2%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$42,813,979	-18.4%	492,681	-5.2%	14.25%	-30.7%
TCOM	New	TRIP COM GROUP LTDads	$24,382,133	–	697,230	–	8.11%	–
	Buy	PERION NETWORK LTD	$3,584,690	+69.3%	117,032	+69.5%	1.19%	+43.7%
HDB	Sell	HDFC BANK LTDsponsored ads	$1,992,473	-15.5%	33,765	-0.1%	0.66%	-28.2%
HTGC	New	HERCULES CAPITAL INC	$187,188	–	11,400	–	0.06%	–
PNNT	New	PENNANTPARK INVT CORP	$185,885	–	28,250	–	0.06%	–
DRH	Exit	DIAMONDROCK HOSPITALITY CO	$0	–	-14,239	–	-0.04%	–
	Exit	IHS HOLDING LIMITED	$0	–	-12,900	–	-0.05%	–
SCM	Exit	STELLUS CAP INVT CORP	$0	–	-13,000	–	-0.07%	–
BLDR	Exit	BUILDERS FIRSTSOURCE INC	$0	–	-1,478	–	-0.08%	–
AIT	Exit	APPLIED INDL TECHNOLOGIES IN	$0	–	-1,417	–	-0.08%	–
LSTR	Exit	LANDSTAR SYS INC	$0	–	-1,058	–	-0.08%	–
AN	Exit	AUTONATION INC	$0	–	-1,256	–	-0.08%	–
EME	Exit	EMCOR GROUP INC	$0	–	-1,156	–	-0.08%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP INC	$0	–	-932	–	-0.09%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-14,168	–	-0.09%	–
ALSN	Exit	ALLISON TRANSMISSION HLDGS I	$0	–	-4,000	–	-0.09%	–
SMCI	Exit	SUPER MICRO COMPUTER INC	$0	–	-924	–	-0.09%	–
IBP	Exit	INSTALLED BLDG PRODS INC	$0	–	-1,631	–	-0.09%	–
FIX	Exit	COMFORT SYS USA INC	$0	–	-1,490	–	-0.10%	–
WCC	Exit	WESCO INTL INC	$0	–	-1,607	–	-0.11%	–
TME	Exit	TENCENT MUSIC ENTMT GROUPspon ads	$0	–	-4,589,150	–	-13.27%	–

Q2 2023

			Value		Shares		↓ Weighting
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$79,132,990	–	949,406	–	31.01%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$52,446,207	–	519,681	–	20.55%	–
PDD	New	PDD HOLDINGS INCsponsored ads	$39,309,340	–	568,547	–	15.40%	–
VIPS	New	VIPSHOP HOLDINGS LIMITEDsponsored ads a	$38,841,495	–	2,354,030	–	15.22%	–
TME	New	TENCENT MUSIC ENTMT GROUPspon ads	$33,867,927	–	4,589,150	–	13.27%	–
IBN	New	ICICI BANK LIMITEDadr	$3,986,608	–	172,730	–	1.56%	–
HDB	New	HDFC BANK LTDsponsored ads	$2,356,906	–	33,815	–	0.92%	–
	New	PERION NETWORK LTD	$2,117,211	–	69,032	–	0.83%	–
WCC	New	WESCO INTL INC	$287,749	–	1,607	–	0.11%	–
FIX	New	COMFORT SYS USA INC	$244,658	–	1,490	–	0.10%	–
IBP	New	INSTALLED BLDG PRODS INC	$228,601	–	1,631	–	0.09%	–
SMCI	New	SUPER MICRO COMPUTER INC	$230,307	–	924	–	0.09%	–
ALSN	New	ALLISON TRANSMISSION HLDGS I	$225,840	–	4,000	–	0.09%	–
MTG	New	MGIC INVT CORP WIS	$223,713	–	14,168	–	0.09%	–
ABG	New	ASBURY AUTOMOTIVE GROUP INC	$224,071	–	932	–	0.09%	–
EME	New	EMCOR GROUP INC	$213,606	–	1,156	–	0.08%	–
AN	New	AUTONATION INC	$206,750	–	1,256	–	0.08%	–
AIT	New	APPLIED INDL TECHNOLOGIES IN	$205,224	–	1,417	–	0.08%	–
LSTR	New	LANDSTAR SYS INC	$203,707	–	1,058	–	0.08%	–
BLDR	New	BUILDERS FIRSTSOURCE INC	$201,008	–	1,478	–	0.08%	–
SCM	New	STELLUS CAP INVT CORP	$182,910	–	13,000	–	0.07%	–
	New	IHS HOLDING LIMITED	$126,162	–	12,900	–	0.05%	–
DRH	New	DIAMONDROCK HOSPITALITY CO	$114,054	–	14,239	–	0.04%	–

Q4 2022

			Value		Shares		↓ Weighting
LCII	Exit	LCI INDS	$0	–	-2,111	–	-0.09%	–
LSTR	Exit	LANDSTAR SYS INC	$0	–	-1,499	–	-0.09%	–
AIT	Exit	APPLIED INDL TECHNOLOGIES IN	$0	–	-2,118	–	-0.09%	–
AN	Exit	AUTONATION INC	$0	–	-2,156	–	-0.09%	–
AMN	Exit	AMN HEALTHCARE SERVICES INC	$0	–	-2,094	–	-0.09%	–
HLI	Exit	HOULIHAN LOKEY INCcl a	$0	–	-3,533	–	-0.11%	–
SLM	Exit	SLM CORP	$0	–	-19,947	–	-0.11%	–
WWE	Exit	WORLD WRESTLING ENTMT INCcl a	$0	–	-3,953	–	-0.11%	–
BLDR	Exit	BUILDERS FIRSTSOURCE INC	$0	–	-4,706	–	-0.11%	–
BPOP	Exit	POPULAR INC	$0	–	-3,985	–	-0.12%	–
CATY	Exit	CATHAY GEN BANCORP	$0	–	-7,457	–	-0.12%	–
ATKR	Exit	ATKORE INTL GROUP INC	$0	–	-3,814	–	-0.12%	–
QCRH	Exit	QCR HOLDINGS INC	$0	–	-5,863	–	-0.12%	–
BCC	Exit	BOISE CASCADE CO DEL	$0	–	-5,085	–	-0.12%	–
CPRX	Exit	CATALYST PHARMACEUTICALS INC	$0	–	-25,480	–	-0.13%	–
FIX	Exit	COMFORT SYS USA INC	$0	–	-3,698	–	-0.15%	–
DQ	Exit	DAQO NEW ENERGY CORP ADR	$0	–	-152,748	–	-3.30%	–
VIPS	Exit	VIPSHOP HLDGS LTDsponsored ads a	$0	–	-1,624,230	–	-5.56%	–
PDD	Exit	PINDUODUO INC ADR	$0	–	-684,257	–	-17.41%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$0	–	-639,281	–	-17.82%	–
INFY	Exit	INFOSYS LTDsponsored adr	$0	–	-3,685,745	–	-25.44%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-882,606	–	-28.71%	–

Q3 2022

			Value		Shares		↓ Weighting
BABA	Buy	ALIBABA GROUP HLDG LTDsponsored ads	$70,600,000	+8.0%	882,606	+53.4%	28.71%	-15.4%
INFY	Buy	INFOSYS LTDsponsored adr	$62,547,000	-6.7%	3,685,745	+1.7%	25.44%	-26.9%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$43,829,000	-17.6%	639,281	-1.7%	17.82%	-35.4%
PDD	New	PINDUODUO INC ADR	$42,821,000	–	684,257	–	17.41%	–
VIPS	New	VIPSHOP HLDGS LTDsponsored ads a	$13,660,000	–	1,624,230	–	5.56%	–
DQ	New	DAQO NEW ENERGY CORP ADR	$8,108,000	–	152,748	–	3.30%	–
FIX	Sell	COMFORT SYS USA INC	$360,000	+0.3%	3,698	-14.3%	0.15%	-21.5%
CPRX	Sell	CATALYST PHARMACEUTICALS INC	$327,000	+48.0%	25,480	-19.3%	0.13%	+15.7%
SLM	Sell	SLM CORP	$279,000	-29.5%	19,947	-19.8%	0.11%	-44.9%
AN	Sell	AUTONATION INC	$220,000	-37.7%	2,156	-31.7%	0.09%	-51.4%
RLGY	Exit	REALOGY HLDGS CORP	$0	–	-11,795	–	-0.06%	–
DRH	Exit	DIAMONDROCK HOSPITALITY CO	$0	–	-14,239	–	-0.06%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP INC	$0	–	-1,227	–	-0.11%	–
CMC	Exit	COMMERCIAL METALS CO	$0	–	-6,279	–	-0.11%	–
GPI	Exit	GROUP 1 AUTOMOTIVE INC	$0	–	-1,227	–	-0.11%	–
BRKL	Exit	BROOKLINE BANCORP INC DEL	$0	–	-15,962	–	-0.11%	–
SIMO	Exit	SILICON MOTION TECHNOLOGY COsponsored adr	$0	–	-2,639	–	-0.12%	–
KLIC	Exit	KULICKE & SOFFA INDS INC	$0	–	-5,325	–	-0.12%	–
LPX	Exit	LOUISIANA PAC CORP	$0	–	-4,887	–	-0.13%	–
PRFT	Exit	PERFICIENT INC	$0	–	-2,836	–	-0.14%	–
FMNB	Exit	FARMERS NATIONAL BANC CORP	$0	–	-20,188	–	-0.16%	–
SF	Exit	STIFEL FINL CORP	$0	–	-5,530	–	-0.16%	–

Q2 2022

			Value		Shares		↓ Weighting
INFY	New	INFOSYS LTDsponsored adr	$67,071,000	–	3,623,501	–	34.79%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$65,389,000	–	575,206	–	33.92%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$53,160,000	–	650,281	–	27.57%	–
SLM	New	SLM CORP	$396,000	–	24,870	–	0.20%	–
FIX	New	COMFORT SYS USA INC	$359,000	–	4,313	–	0.19%	–
AN	New	AUTONATION INC	$353,000	–	3,156	–	0.18%	–
QCRH	New	QCR HOLDINGS INC	$317,000	–	5,863	–	0.16%	–
ATKR	New	ATKORE INTL GROUP INC	$317,000	–	3,814	–	0.16%	–
SF	New	STIFEL FINL CORP	$310,000	–	5,530	–	0.16%	–
BPOP	New	POPULAR INC	$307,000	–	3,985	–	0.16%	–
FMNB	New	FARMERS NATIONAL BANC CORP	$303,000	–	20,188	–	0.16%	–
BCC	New	BOISE CASCADE CO DEL	$303,000	–	5,085	–	0.16%	–
CATY	New	CATHAY GEN BANCORP	$292,000	–	7,457	–	0.15%	–
HLI	New	HOULIHAN LOKEY INCcl a	$279,000	–	3,533	–	0.14%	–
PRFT	New	PERFICIENT INC	$260,000	–	2,836	–	0.14%	–
LPX	New	LOUISIANA PAC CORP	$256,000	–	4,887	–	0.13%	–
BLDR	New	BUILDERS FIRSTSOURCE INC	$253,000	–	4,706	–	0.13%	–
WWE	New	WORLD WRESTLING ENTMT INCcl a	$247,000	–	3,953	–	0.13%	–
LCII	New	LCI INDS	$236,000	–	2,111	–	0.12%	–
AMN	New	AMN HEALTHCARE SERVICES INC	$230,000	–	2,094	–	0.12%	–
KLIC	New	KULICKE & SOFFA INDS INC	$228,000	–	5,325	–	0.12%	–
CPRX	New	CATALYST PHARMACEUTICALS INC	$221,000	–	31,571	–	0.12%	–
SIMO	New	SILICON MOTION TECHNOLOGY COsponsored adr	$221,000	–	2,639	–	0.12%	–
LSTR	New	LANDSTAR SYS INC	$218,000	–	1,499	–	0.11%	–
BRKL	New	BROOKLINE BANCORP INC DEL	$212,000	–	15,962	–	0.11%	–
ABG	New	ASBURY AUTOMOTIVE GROUP INC	$208,000	–	1,227	–	0.11%	–
CMC	New	COMMERCIAL METALS CO	$208,000	–	6,279	–	0.11%	–
GPI	New	GROUP 1 AUTOMOTIVE INC	$208,000	–	1,227	–	0.11%	–
AIT	New	APPLIED INDL TECHNOLOGIES IN	$204,000	–	2,118	–	0.11%	–
DRH	New	DIAMONDROCK HOSPITALITY CO	$117,000	–	14,239	–	0.06%	–
RLGY	New	REALOGY HLDGS CORP	$116,000	–	11,795	–	0.06%	–

Q4 2021

			Value		Shares		↓ Weighting
CARS	Exit	CARS COM INC	$0	–	-13,851	–	-0.04%	–
PUMP	Exit	PROPETRO HLDG CORP	$0	–	-20,648	–	-0.04%	–
SLM	Exit	SLM CORP	$0	–	-11,371	–	-0.05%	–
METC	Exit	RAMACO RES INC	$0	–	-16,161	–	-0.05%	–
SNBR	Exit	SLEEP NUMBER CORP	$0	–	-2,325	–	-0.05%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-14,427	–	-0.05%	–
WSM	Exit	WILLIAMS SONOMA INC	$0	–	-1,240	–	-0.05%	–
LAD	Exit	LITHIA MTRS INC	$0	–	-698	–	-0.05%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP INC	$0	–	-1,227	–	-0.06%	–
PATK	Exit	PATRICK INDS INC	$0	–	-3,052	–	-0.06%	–
FIX	Exit	COMFORT SYS USA INC	$0	–	-3,565	–	-0.06%	–
SAIA	Exit	SAIA INC	$0	–	-1,065	–	-0.06%	–
EVR	Exit	EVERCORE INCclass a	$0	–	-1,939	–	-0.06%	–
MED	Exit	MEDIFAST INC	$0	–	-1,343	–	-0.06%	–
FMNB	Exit	FARMERS NATIONAL BANC CORP	$0	–	-17,200	–	-0.06%	–
CPRX	Exit	CATALYST PHARMACEUTICALS INC	$0	–	-54,618	–	-0.07%	–
LPX	Exit	LOUISIANA PAC CORP	$0	–	-4,887	–	-0.07%	–
BPOP	Exit	POPULAR INC	$0	–	-3,985	–	-0.07%	–
KLIC	Exit	KULICKE & SOFFA INDS INC	$0	–	-5,325	–	-0.07%	–
BRBR	Exit	BELLRING BRANDS INC	$0	–	-10,224	–	-0.08%	–
ATKR	Exit	ATKORE INC	$0	–	-3,814	–	-0.08%	–
CARG	Exit	CARGURUS INC	$0	–	-10,612	–	-0.08%	–
HSII	Exit	HEIDRICK & STRUGGLES INTL IN	$0	–	-7,602	–	-0.08%	–
JCOM	Exit	J2 GLOBAL INC	$0	–	-2,516	–	-0.08%	–
BC	Exit	BRUNSWICK CORP	$0	–	-3,629	–	-0.08%	–
LGIH	Exit	LGI HOMES INC	$0	–	-2,448	–	-0.08%	–
DECK	Exit	DECKERS OUTDOOR CORP	$0	–	-1,055	–	-0.09%	–
AN	Exit	AUTONATION INC	$0	–	-3,156	–	-0.09%	–
AB	Exit	ALLIANCEBERNSTEIN HLDG L Punit ltd partn	$0	–	-7,876	–	-0.09%	–
CUBI	Exit	CUSTOMERS BANCORP INC	$0	–	-9,082	–	-0.09%	–
MC	Exit	MOELIS & COcl a	$0	–	-6,359	–	-0.09%	–
VRTS	Exit	VIRTUS INVT PARTNERS INC	$0	–	-1,343	–	-0.10%	–
VCTR	Exit	VICTORY CAP HLDGS INC	$0	–	-12,182	–	-0.10%	–
TPX	Exit	TEMPUR SEALY INTL INC	$0	–	-9,451	–	-0.10%	–
UTHR	Exit	UNITED THERAPEUTICS CORP DEL	$0	–	-2,569	–	-0.11%	–
JHG	Exit	JANUS HENDERSON GROUP PLC	$0	–	-11,956	–	-0.12%	–
PRFT	Exit	PERFICIENT INC	$0	–	-4,436	–	-0.12%	–
NAVI	Exit	NAVIENT CORPORATION	$0	–	-26,817	–	-0.13%	–
HLI	Exit	HOULIHAN LOKEY INCcl a	$0	–	-6,453	–	-0.14%	–
INFY	Exit	INFOSYS LTDsponsored adr	$0	–	-5,713,901	–	-30.43%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-1,227,481	–	-32.81%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-950,756	–	-33.70%	–

Q3 2021

			Value		Shares		↓ Weighting
BABA	Sell	ALIBABA GROUP HLDG LTDsponsored ads	$140,759,000	-42.9%	950,756	-12.6%	33.70%	+22.3%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$137,048,000	-31.8%	1,227,481	-26.7%	32.81%	+46.0%
INFY	Buy	INFOSYS LTDsponsored adr	$127,134,000	+8.6%	5,713,901	+3.4%	30.43%	+132.5%
HLI	Sell	HOULIHAN LOKEY INCcl a	$594,000	-40.3%	6,453	-47.0%	0.14%	+27.9%
PRFT	Sell	PERFICIENT INC	$513,000	-53.6%	4,436	-67.7%	0.12%	-0.8%
JHG	Sell	JANUS HENDERSON GROUP PLC	$494,000	-44.0%	11,956	-47.4%	0.12%	+19.2%
UTHR	Sell	UNITED THERAPEUTICS CORP DEL	$474,000	-85.9%	2,569	-86.3%	0.11%	-69.9%
TPX	Sell	TEMPUR SEALY INTL INC	$439,000	-67.4%	9,451	-72.5%	0.10%	-30.5%
VCTR	Buy	VICTORY CAP HLDGS INC	$426,000	+42.5%	12,182	+31.4%	0.10%	+209.1%
MC	Sell	MOELIS & COcl a	$393,000	-69.1%	6,359	-71.6%	0.09%	-33.8%
AB	Sell	ALLIANCEBERNSTEIN HLDG L Punit ltd partn	$390,000	-84.5%	7,876	-85.4%	0.09%	-66.9%
AN	Sell	AUTONATION INC	$384,000	-62.4%	3,156	-70.7%	0.09%	-19.3%
DECK	Sell	DECKERS OUTDOOR CORP	$380,000	-86.7%	1,055	-85.8%	0.09%	-71.6%
LGIH	Sell	LGI HOMES INC	$347,000	-64.9%	2,448	-59.9%	0.08%	-24.5%
BC	Sell	BRUNSWICK CORP	$346,000	-63.9%	3,629	-62.3%	0.08%	-22.4%
CARG	New	CARGURUS INC	$333,000	–	10,612	–	0.08%	–
FMNB	Buy	FARMERS NATIONAL BANC CORP	$270,000	+3.1%	17,200	+1.9%	0.06%	+124.1%
PATK	Sell	PATRICK INDS INC	$254,000	-58.8%	3,052	-63.8%	0.06%	-11.6%
SAIA	Sell	SAIA INC	$254,000	-27.6%	1,065	-36.5%	0.06%	+56.4%
WSM	New	WILLIAMS SONOMA INC	$220,000	–	1,240	–	0.05%	–
MTG	New	MGIC INVT CORP WIS	$216,000	–	14,427	–	0.05%	–
METC	New	RAMACO RES INC	$199,000	–	16,161	–	0.05%	–
PUMP	New	PROPETRO HLDG CORP	$179,000	–	20,648	–	0.04%	–
CARS	New	CARS COM INC	$175,000	–	13,851	–	0.04%	–
AAN	Exit	THE AARONS COMPANY INC	$0	–	-6,500	–	-0.02%	–
TKR	Exit	TIMKEN CO	$0	–	-2,547	–	-0.02%	–
FBC	Exit	FLAGSTAR BANCORP INC	$0	–	-5,366	–	-0.02%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-10,809	–	-0.03%	–
KFRC	Exit	KFORCE INC	$0	–	-3,905	–	-0.03%	–
FL	Exit	FOOT LOCKER INC	$0	–	-4,294	–	-0.03%	–
NUS	Exit	NU SKIN ENTERPRISES INCcl a	$0	–	-5,501	–	-0.04%	–
UMBF	Exit	UMB FINL CORP	$0	–	-3,435	–	-0.04%	–
VIRT	Exit	VIRTU FINL INCcl a	$0	–	-11,966	–	-0.04%	–
LCII	Exit	LCI INDS	$0	–	-2,589	–	-0.04%	–
HTH	Exit	HILLTOP HOLDINGS INC	$0	–	-9,361	–	-0.04%	–
MDC	Exit	M D C HLDGS INC	$0	–	-10,000	–	-0.06%	–
PHM	Exit	PULTE GROUP INC	$0	–	-10,300	–	-0.06%	–
FBHS	Exit	FORTUNE BRANDS HOME & SEC IN	$0	–	-5,800	–	-0.06%	–
LKQ	Exit	LKQ CORP	$0	–	-12,000	–	-0.07%	–
CBRE	Exit	CBRE GROUP INCcl a	$0	–	-7,300	–	-0.07%	–
IT	Exit	GARTNER INC	$0	–	-2,600	–	-0.07%	–
SAIC	Exit	SCIENCE APPLICATIONS INTL CO	$0	–	-8,000	–	-0.08%	–
MKSI	Exit	MKS INSTRUMENT INC	$0	–	-4,000	–	-0.08%	–
STLD	Exit	STEEL DYNAMICS INC	$0	–	-12,000	–	-0.08%	–
BX	Exit	BLACKSTONE GROUP INC	$0	–	-7,500	–	-0.08%	–
SFM	Exit	SPROUTS FMRS MKT INC	$0	–	-30,000	–	-0.08%	–
PRG	Exit	PROG HOLDINGS INC	$0	–	-15,471	–	-0.08%	–
HOLX	Exit	HOLOGIC INC	$0	–	-11,500	–	-0.09%	–
TSCO	Exit	TRACTOR SUPPLY CO	$0	–	-4,300	–	-0.09%	–
UFPI	Exit	UFP INDUSTRIES INC	$0	–	-10,968	–	-0.09%	–
PII	Exit	POLARIS INDS INC	$0	–	-6,000	–	-0.09%	–
PKI	Exit	PERKINELMER INC	$0	–	-5,600	–	-0.10%	–
HELE	Exit	HELEN OF TROY CORP LTD	$0	–	-4,000	–	-0.10%	–
MNST	Exit	MONSTER BEVERAGE CORP	$0	–	-9,500	–	-0.10%	–
FNF	Exit	FIDELITY NATIONAL FINANCIAL	$0	–	-20,000	–	-0.10%	–
THO	Exit	THOR INDS INC	$0	–	-8,000	–	-0.10%	–
EQH	Exit	EQUITABLE HLDGS INC	$0	–	-30,000	–	-0.10%	–
DISCA	Exit	DISCOVERY INC	$0	–	-31,300	–	-0.11%	–
PCAR	Exit	PACCAR INC	$0	–	-11,000	–	-0.11%	–
CMCSA	Exit	COMCAST CORP NEWcl a spl	$0	–	-17,421	–	-0.11%	–
ODFL	Exit	OLD DOMINION FGHT LINES INC	$0	–	-3,950	–	-0.11%	–
PFSI	Exit	PENNYMAC FINL SVCS INC NEW	$0	–	-17,000	–	-0.12%	–
ABC	Exit	AMERISOURCEBERGEN CORP	$0	–	-9,700	–	-0.12%	–
ALL	Exit	ALLSTATE CORP	$0	–	-8,500	–	-0.12%	–
FOXF	Exit	FOX FACTORY HLDG CORP	$0	–	-7,208	–	-0.12%	–
EXPD	Exit	EXPEDITORS INTL WASH INC	$0	–	-8,800	–	-0.12%	–
EBAY	Exit	EBAY INC	$0	–	-16,000	–	-0.13%	–
LSTR	Exit	LANDSTAR SYS INC	$0	–	-7,200	–	-0.13%	–
AVGO	Exit	BROADCOM INC	$0	–	-2,579	–	-0.14%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-4,400	–	-0.14%	–
MBUU	Exit	MALIBU BOATS INC	$0	–	-17,860	–	-0.15%	–
QRVO	Exit	QORVO INC	$0	–	-6,800	–	-0.15%	–
IBP	Exit	INSTALLED BLDG PRODS INC	$0	–	-11,251	–	-0.15%	–
FDS	Exit	FACTSET RESH SYS INC	$0	–	-4,200	–	-0.16%	–
ALXN	Exit	ALEXION PHARMACEUTICALS INC	$0	–	-7,700	–	-0.16%	–
REGN	Exit	REGENERON PHARMACEUTICALS	$0	–	-2,600	–	-0.16%	–
CI	Exit	CIGNA CORP NEW	$0	–	-6,600	–	-0.18%	–
RS	Exit	RELIANCE STEEL & ALUMINUM CO	$0	–	-10,600	–	-0.18%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-10,200	–	-0.19%	–
AZO	Exit	AUTOZONE INC	$0	–	-1,130	–	-0.19%	–
BERY	Exit	BERRY PLASTICS GROUP INC	$0	–	-26,200	–	-0.19%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-4,200	–	-0.19%	–
DG	Exit	DOLLAR GEN CORP NEW	$0	–	-8,300	–	-0.20%	–
KLAC	Exit	KLA-TENCOR CORP	$0	–	-5,600	–	-0.20%	–
ANTM	Exit	ANTHEM INC	$0	–	-5,000	–	-0.21%	–
WAL	Exit	WESTERN ALLIANCE BANCORP	$0	–	-20,500	–	-0.21%	–
NKE	Exit	NIKE INCcl b	$0	–	-12,500	–	-0.22%	–
APAM	Exit	ARTISAN PARTNERS ASSET MGMTcl a	$0	–	-39,000	–	-0.22%	–
TER	Exit	TERADYNE INC	$0	–	-14,900	–	-0.22%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-5,400	–	-0.23%	–
NVR	Exit	NVR INC	$0	–	-410	–	-0.23%	–
EME	Exit	EMCOR GROUP INC	$0	–	-16,726	–	-0.23%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-32,300	–	-0.24%	–
URI	Exit	UNITED RENTALS INC	$0	–	-7,100	–	-0.25%	–
STT	Exit	STATE STR CORP	$0	–	-27,900	–	-0.26%	–
ORLY	Exit	OREILLY AUTOMOTIVE INC	$0	–	-4,100	–	-0.26%	–
UNH	Exit	UNITEDHEALTH GPOUP INC	$0	–	-6,057	–	-0.27%	–
TGT	Exit	TARGET CORP	$0	–	-10,100	–	-0.27%	–
AJG	Exit	GALLAGHER ARTHUR J & CO	$0	–	-19,100	–	-0.30%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-5,500	–	-0.31%	–
MCK	Exit	MCKESSON CORP	$0	–	-16,500	–	-0.35%	–
BLK	Exit	BLACKROCK INC	$0	–	-3,650	–	-0.36%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE INC	$0	–	-27,300	–	-0.36%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CORPcl a	$0	–	-6,700	–	-0.40%	–
DFS	Exit	DISCOVER FINL SVCS	$0	–	-30,400	–	-0.40%	–
ABBV	Exit	ABBVIE INC	$0	–	-34,000	–	-0.43%	–
GNRC	Exit	GENERAC HLDGS INC	$0	–	-9,700	–	-0.45%	–
AMAT	Exit	APPLIED MATLS INC	$0	–	-29,100	–	-0.46%	–
LOW	Exit	LOWES COS INC	$0	–	-21,700	–	-0.47%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-28,672	–	-0.50%	–
DHI	Exit	D R HORTON INC	$0	–	-49,400	–	-0.50%	–
GRMN	Exit	GARMIN LTD	$0	–	-32,900	–	-0.53%	–
NTES	Exit	NETEASE INCsponsored adr	$0	–	-44,205	–	-0.57%	–
TROW	Exit	PRICE T ROWE GROUP INC	$0	–	-31,500	–	-0.70%	–
AMZN	Exit	AMAZON COM INC	$0	–	-2,427	–	-0.93%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-24,600	–	-0.96%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-49,300	–	-1.49%	–
AAPL	Exit	APPLE INC	$0	–	-101,648	–	-1.56%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-5,719	–	-1.56%	–
VIPS	Exit	VIPSHOP HLDGS LTDsponsored ads a	$0	–	-2,174,900	–	-4.88%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-269,600	–	-6.14%	–

Q2 2021

			Value		Shares		↓ Weighting
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$246,577,000	–	1,087,296	–	27.56%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$201,085,000	–	1,673,481	–	22.48%	–
INFY	New	INFOSYS LTDsponsored adr	$117,080,000	–	5,525,266	–	13.09%	–
BIDU	New	BAIDU INCspon adr rep a	$54,971,000	–	269,600	–	6.14%	–
VIPS	New	VIPSHOP HLDGS LTDsponsored ads a	$43,672,000	–	2,174,900	–	4.88%	–
GOOGL	New	ALPHABET INCcap stk cl a	$13,965,000	–	5,719	–	1.56%	–
AAPL	New	APPLE INC	$13,922,000	–	101,648	–	1.56%	–
MSFT	New	MICROSOFT CORP	$13,355,000	–	49,300	–	1.49%	–
FB	New	FACEBOOK INCcl a	$8,554,000	–	24,600	–	0.96%	–
AMZN	New	AMAZON COM INC	$8,349,000	–	2,427	–	0.93%	–
TROW	New	PRICE T ROWE GROUP INC	$6,236,000	–	31,500	–	0.70%	–
NTES	New	NETEASE INCsponsored adr	$5,095,000	–	44,205	–	0.57%	–
GRMN	New	GARMIN LTD	$4,759,000	–	32,900	–	0.53%	–
DHI	New	D R HORTON INC	$4,464,000	–	49,400	–	0.50%	–
JPM	New	JP MORGAN CHASE & CO	$4,460,000	–	28,672	–	0.50%	–
LOW	New	LOWES COS INC	$4,209,000	–	21,700	–	0.47%	–
AMAT	New	APPLIED MATLS INC	$4,144,000	–	29,100	–	0.46%	–
GNRC	New	GENERAC HLDGS INC	$4,027,000	–	9,700	–	0.45%	–
ABBV	New	ABBVIE INC	$3,830,000	–	34,000	–	0.43%	–
DFS	New	DISCOVER FINL SVCS	$3,596,000	–	30,400	–	0.40%	–
ZBRA	New	ZEBRA TECHNOLOGIES CORPcl a	$3,548,000	–	6,700	–	0.40%	–
UTHR	New	UNITED THERAPEUTICS CORP	$3,366,000	–	18,760	–	0.38%	–
ICE	New	INTERCONTINENTAL EXCHANGE INC	$3,241,000	–	27,300	–	0.36%	–
BLK	New	BLACKROCK INC	$3,194,000	–	3,650	–	0.36%	–
MCK	New	MCKESSON CORP	$3,155,000	–	16,500	–	0.35%	–
DECK	New	DECKERS OUTDOOR CORP	$2,863,000	–	7,455	–	0.32%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$2,775,000	–	5,500	–	0.31%	–
AJG	New	GALLAGHER ARTHUR J & CO	$2,676,000	–	19,100	–	0.30%	–
AB	New	ALLIANCEBERNSTEIN HLDG LPunit ltd partn	$2,513,000	–	53,976	–	0.28%	–
TGT	New	TARGET CORP	$2,442,000	–	10,100	–	0.27%	–
UNH	New	UNITEDHEALTH GPOUP INC	$2,425,000	–	6,057	–	0.27%	–
ORLY	New	OREILLY AUTOMOTIVE INC	$2,321,000	–	4,100	–	0.26%	–
STT	New	STATE STR CORP	$2,296,000	–	27,900	–	0.26%	–
URI	New	UNITED RENTALS INC	$2,265,000	–	7,100	–	0.25%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$2,158,000	–	32,300	–	0.24%	–
EME	New	EMCOR GROUP INC	$2,060,000	–	16,726	–	0.23%	–
NVR	New	NVR INC	$2,039,000	–	410	–	0.23%	–
LMT	New	LOCKHEED MARTIN CORP	$2,043,000	–	5,400	–	0.23%	–
TER	New	TERADYNE INC	$1,996,000	–	14,900	–	0.22%	–
APAM	New	ARTISAN PARTNERS ASSET MGMTcl a	$1,982,000	–	39,000	–	0.22%	–
NKE	New	NIKE INCcl b	$1,931,000	–	12,500	–	0.22%	–
WAL	New	WESTERN ALLIANCE BANCORP	$1,903,000	–	20,500	–	0.21%	–
ANTM	New	ANTHEM INC	$1,909,000	–	5,000	–	0.21%	–
KLAC	New	KLA-TENCOR CORP	$1,816,000	–	5,600	–	0.20%	–
DG	New	DOLLAR GEN CORP NEW	$1,796,000	–	8,300	–	0.20%	–
SPGI	New	S&P GLOBAL INC	$1,724,000	–	4,200	–	0.19%	–
BERY	New	BERRY PLASTICS GROUP INC	$1,709,000	–	26,200	–	0.19%	–
AZO	New	AUTOZONE INC	$1,686,000	–	1,130	–	0.19%	–
JNJ	New	JOHNSON & JOHNSON	$1,680,000	–	10,200	–	0.19%	–
RS	New	RELIANCE STEEL & ALUMINUM CO	$1,600,000	–	10,600	–	0.18%	–
CI	New	CIGNA CORP NEW	$1,565,000	–	6,600	–	0.18%	–
REGN	New	REGENERON PHARMACEUTICALS	$1,452,000	–	2,600	–	0.16%	–
ALXN	New	ALEXION PHARMACEUTICALS INC	$1,415,000	–	7,700	–	0.16%	–
FDS	New	FACTSET RESH SYS INC	$1,410,000	–	4,200	–	0.16%	–
IBP	New	INSTALLED BLDG PRODS INC	$1,377,000	–	11,251	–	0.15%	–
TPX	New	TEMPUR PEDIC INTL INC	$1,348,000	–	34,388	–	0.15%	–
QRVO	New	QORVO INC	$1,330,000	–	6,800	–	0.15%	–
MBUU	New	MALIBU BOATS INC	$1,310,000	–	17,860	–	0.15%	–
ACN	New	ACCENTURE PLC IRELAND	$1,297,000	–	4,400	–	0.14%	–
MC	New	MOELIS & COcl a	$1,272,000	–	22,359	–	0.14%	–
AVGO	New	BROADCOM INC	$1,230,000	–	2,579	–	0.14%	–
LSTR	New	LANDSTAR SYS INC	$1,138,000	–	7,200	–	0.13%	–
EBAY	New	EBAY INC	$1,123,000	–	16,000	–	0.13%	–
FOXF	New	FOX FACTORY HLDG CORP	$1,122,000	–	7,208	–	0.12%	–
EXPD	New	EXPEDITORS INTL WASH INC	$1,114,000	–	8,800	–	0.12%	–
ABC	New	AMERISOURCEBERGEN CORP	$1,111,000	–	9,700	–	0.12%	–
ALL	New	ALLSTATE CORP	$1,109,000	–	8,500	–	0.12%	–
PRFT	New	PERFICIENT INC	$1,105,000	–	13,736	–	0.12%	–
PFSI	New	PENNYMAC FINL SVCS INC NEW	$1,049,000	–	17,000	–	0.12%	–
AN	New	AUTONATION INC	$1,020,000	–	10,756	–	0.11%	–
ODFL	New	OLD DOMINION FGHT LINES INC	$1,003,000	–	3,950	–	0.11%	–
CMCSA	New	COMCAST CORP NEWcl a spl	$993,000	–	17,421	–	0.11%	–
HLI	New	HOULIHAN LOKEY INCcl a	$995,000	–	12,166	–	0.11%	–
PCAR	New	PACCAR INC	$982,000	–	11,000	–	0.11%	–
LGIH	New	LGI HOMES INC	$988,000	–	6,098	–	0.11%	–
BC	New	BRUNSWICK CORP	$959,000	–	9,629	–	0.11%	–
DISCA	New	DISCOVERY INC	$960,000	–	31,300	–	0.11%	–
EQH	New	EQUITABLE HLDGS INC	$914,000	–	30,000	–	0.10%	–
THO	New	THOR INDS INC	$904,000	–	8,000	–	0.10%	–
JHG	New	JANUS HENDERSON GROUP PLC	$882,000	–	22,728	–	0.10%	–
PKI	New	PERKINELMER INC	$865,000	–	5,600	–	0.10%	–
MNST	New	MONSTER BEVERAGE CORP	$868,000	–	9,500	–	0.10%	–
FNF	New	FIDELITY NATIONAL FINANCIAL	$869,000	–	20,000	–	0.10%	–
HELE	New	HELEN OF TROY CORP LTD	$868,000	–	4,000	–	0.10%	–
PII	New	POLARIS INDS INC	$822,000	–	6,000	–	0.09%	–
UFPI	New	UFP INDUSTRIES INC	$815,000	–	10,968	–	0.09%	–
TSCO	New	TRACTOR SUPPLY CO	$800,000	–	4,300	–	0.09%	–
HOLX	New	HOLOGIC INC	$767,000	–	11,500	–	0.09%	–
PRG	New	PROG HOLDINGS INC	$745,000	–	15,471	–	0.08%	–
SFM	New	SPROUTS FMRS MKT INC	$746,000	–	30,000	–	0.08%	–
BX	New	BLACKSTONE GROUP INC	$729,000	–	7,500	–	0.08%	–
STLD	New	STEEL DYNAMICS INC	$715,000	–	12,000	–	0.08%	–
MKSI	New	MKS INSTRUMENT INC	$712,000	–	4,000	–	0.08%	–
SAIC	New	SCIENCE APPLICATIONS INTL CO	$702,000	–	8,000	–	0.08%	–
IT	New	GARTNER INC	$630,000	–	2,600	–	0.07%	–
CBRE	New	CBRE GROUP INCcl a	$626,000	–	7,300	–	0.07%	–
PATK	New	PATRICK INDS INC	$616,000	–	8,441	–	0.07%	–
LKQ	New	LKQ CORP	$591,000	–	12,000	–	0.07%	–
FBHS	New	FORTUNE BRANDS HOME & SEC IN	$578,000	–	5,800	–	0.06%	–
PHM	New	PULTE GROUP INC	$562,000	–	10,300	–	0.06%	–
NAVI	New	NAVIENT CORPORATION	$518,000	–	26,817	–	0.06%	–
MDC	New	M D C HLDGS INC	$506,000	–	10,000	–	0.06%	–
MED	New	MEDIFAST INC	$380,000	–	1,343	–	0.04%	–
VRTS	New	VIRTUS INVT PARTNERS INC	$373,000	–	1,343	–	0.04%	–
CUBI	New	CUSTOMERS BANCORP INC	$354,000	–	9,082	–	0.04%	–
JCOM	New	J2 GLOBAL INC	$346,000	–	2,516	–	0.04%	–
SAIA	New	SAIA INC	$351,000	–	1,677	–	0.04%	–
HSII	New	HEIDRICK & STRUGGLES INTL IN	$339,000	–	7,602	–	0.04%	–
LCII	New	LCI INDS	$340,000	–	2,589	–	0.04%	–
HTH	New	HILLTOP HOLDINGS INC	$341,000	–	9,361	–	0.04%	–
VIRT	New	VIRTU FINL INCcl a	$331,000	–	11,966	–	0.04%	–
BRBR	New	BELLRING BRANDS INC	$320,000	–	10,224	–	0.04%	–
UMBF	New	UMB FINL CORP	$320,000	–	3,435	–	0.04%	–
KLIC	New	KULICKE & SOFFA INDS INC	$326,000	–	5,325	–	0.04%	–
NUS	New	NU SKIN ENTERPRISES INCcl a	$312,000	–	5,501	–	0.04%	–
CPRX	New	CATALYST PHARMACEUTICALS INC	$314,000	–	54,618	–	0.04%	–
LPX	New	LOUISIANA PAC CORP	$295,000	–	4,887	–	0.03%	–
BPOP	New	POPULAR INC	$299,000	–	3,985	–	0.03%	–
VCTR	New	VICTORY CAP HLDGS INC	$299,000	–	9,269	–	0.03%	–
EVR	New	EVERCORE PARTNERS INCclass a	$273,000	–	1,939	–	0.03%	–
FIX	New	COMFORT SYS USA INC	$281,000	–	3,565	–	0.03%	–
FL	New	FOOT LOCKER INC	$265,000	–	4,294	–	0.03%	–
ATKR	New	ATKORE INTL GROUP INC	$271,000	–	3,814	–	0.03%	–
FMNB	New	FARMERS NATIONAL BANC CORP	$262,000	–	16,883	–	0.03%	–
SNBR	New	SLEEP NUMBER CORP	$256,000	–	2,325	–	0.03%	–
LAD	New	LITHIA MTRS INCcl a	$240,000	–	698	–	0.03%	–
RDN	New	RADIAN GROUP INC	$241,000	–	10,809	–	0.03%	–
KFRC	New	KFORCE INC	$246,000	–	3,905	–	0.03%	–
SLM	New	SLM CORP	$238,000	–	11,371	–	0.03%	–
FBC	New	FLAGSTAR BANCORP INC	$227,000	–	5,366	–	0.02%	–
ABG	New	ASBURY AUTOMOTIVE GROUP INC	$210,000	–	1,227	–	0.02%	–
AAN	New	THE AARONS COMPANY INC	$208,000	–	6,500	–	0.02%	–
TKR	New	TIMKEN CO	$205,000	–	2,547	–	0.02%	–

Q4 2020

			Value		Shares		↓ Weighting
WAL	Exit	WESTERN ALLIANCE BANCORP	$0	–	-13,500	–	-0.04%	–
MKSI	Exit	MKS INSTRUMENT INC	$0	–	-4,500	–	-0.05%	–
AEIS	Exit	ADVANCED ENERGY INDS	$0	–	-7,912	–	-0.05%	–
QRVO	Exit	QORVO INC	$0	–	-4,000	–	-0.06%	–
PHM	Exit	PULTE GROUP INC	$0	–	-11,600	–	-0.06%	–
EQH	Exit	EQUITABLE HLDGS INC	$0	–	-30,000	–	-0.06%	–
AMGN	Exit	AMGEN INC	$0	–	-2,200	–	-0.06%	–
EBS	Exit	EMERGENT BIOSOLUTIONS INC	$0	–	-5,444	–	-0.06%	–
LITE	Exit	LUMENTUM HLDGS INC	$0	–	-7,501	–	-0.06%	–
FIS	Exit	FIDELITY NATL INFORMATION SV	$0	–	-3,867	–	-0.06%	–
FOXF	Exit	FOX FACTORY HLDG CORP	$0	–	-8,008	–	-0.06%	–
PKI	Exit	PERKINELMER INC	$0	–	-4,700	–	-0.06%	–
MUSA	Exit	MURPHY USA INC	$0	–	-5,201	–	-0.07%	–
DISCA	Exit	DISCOVERY INC	$0	–	-31,300	–	-0.07%	–
TSCO	Exit	TRACTOR SUPPLY CO	$0	–	-4,800	–	-0.07%	–
ADUS	Exit	ADDUS HOMECARE CORP	$0	–	-7,384	–	-0.07%	–
MNST	Exit	MONSTER BEVERAGE CORP	$0	–	-9,500	–	-0.08%	–
ODFL	Exit	OLD DOMINION FGHT LINES INC	$0	–	-4,450	–	-0.08%	–
CMCSA	Exit	COMCAST CORP NEWcl a spl	$0	–	-17,421	–	-0.09%	–
EBAY	Exit	EBAY INC	$0	–	-16,000	–	-0.09%	–
PCAR	Exit	PACCAR INC	$0	–	-11,000	–	-0.10%	–
ABC	Exit	AMERISOURCEBERGEN CORP	$0	–	-9,700	–	-0.10%	–
AVGO	Exit	BROADCOM INC	$0	–	-2,579	–	-0.10%	–
VRTX	Exit	VERTEX PHARMACEUTICALS INC	$0	–	-3,500	–	-0.10%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-4,400	–	-0.11%	–
RS	Exit	RELIANCE STEEL & ALUMINUM CO	$0	–	-11,100	–	-0.12%	–
SFM	Exit	SPROUTS FMRS MKT INC	$0	–	-54,600	–	-0.12%	–
EME	Exit	EMCOR GROUP INC	$0	–	-17,091	–	-0.12%	–
SAIC	Exit	SCIENCE APPLICATIONS INTL CO	$0	–	-14,807	–	-0.12%	–
URI	Exit	UNITED RENTALS INC	$0	–	-7,400	–	-0.14%	–
AAN	Exit	AARONS INC	$0	–	-23,576	–	-0.14%	–
TGT	Exit	TARGET CORP	$0	–	-8,500	–	-0.14%	–
ANTM	Exit	ANTHEM INC	$0	–	-5,200	–	-0.15%	–
FDS	Exit	FACTSET RESH SYS INC	$0	–	-4,200	–	-0.15%	–
AZO	Exit	AUTOZONE INC	$0	–	-1,230	–	-0.15%	–
AB	Exit	ALLIANCEBERNSTEIN HLDG LPunit ltd partn	$0	–	-53,655	–	-0.15%	–
CI	Exit	CIGNA CORP NEW	$0	–	-8,700	–	-0.16%	–
HELE	Exit	HELEN OF TROY CORP LTD	$0	–	-7,709	–	-0.16%	–
REGN	Exit	REGENERON PHARMACEUTICALS	$0	–	-2,700	–	-0.16%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-4,200	–	-0.16%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-7,200	–	-0.16%	–
HOLX	Exit	HOLOGIC INC	$0	–	-23,600	–	-0.17%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-10,700	–	-0.17%	–
NVR	Exit	NVR INC	$0	–	-410	–	-0.18%	–
ALXN	Exit	ALEXION PHARMACEUTICALS INC	$0	–	-14,700	–	-0.18%	–
BLK	Exit	BLACKROCK INC	$0	–	-3,000	–	-0.18%	–
DECK	Exit	DECKERS OUTDOOR CORP	$0	–	-7,755	–	-0.18%	–
APAM	Exit	ARTISAN PARTNERS ASSET MGMTcl a	$0	–	-43,800	–	-0.18%	–
STT	Exit	STATE STR CORP	$0	–	-29,000	–	-0.18%	–
BIIB	Exit	BIOGEN IDEC INC	$0	–	-6,182	–	-0.19%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CORPcl a	$0	–	-7,100	–	-0.19%	–
AMAT	Exit	APPLIED MATLS INC	$0	–	-30,500	–	-0.19%	–
ORLY	Exit	OREILLY AUTOMOTIVE INC	$0	–	-4,300	–	-0.21%	–
IBP	Exit	INSTALLED BLDG PRODS INC	$0	–	-19,751	–	-0.21%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-33,200	–	-0.21%	–
BERY	Exit	BERRY PLASTICS GROUP INC	$0	–	-42,300	–	-0.22%	–
AJG	Exit	GALLAGHER ARTHUR J & CO	$0	–	-20,300	–	-0.23%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-23,672	–	-0.24%	–
MCK	Exit	MCKESSON CORP	$0	–	-17,400	–	-0.28%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-5,900	–	-0.28%	–
UNH	Exit	UNITEDHEALTH GPOUP INC	$0	–	-8,357	–	-0.28%	–
GNRC	Exit	GENERAC HLDGS INC	$0	–	-13,736	–	-0.28%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-8,200	–	-0.30%	–
PFSI	Exit	PENNYMAC FINL SVCS INC NEW	$0	–	-48,029	–	-0.30%	–
GRMN	Exit	GARMIN LTD	$0	–	-29,400	–	-0.30%	–
ABBV	Exit	ABBVIE INC	$0	–	-36,100	–	-0.34%	–
DG	Exit	DOLLAR GEN CORP NEW	$0	–	-16,100	–	-0.36%	–
ALL	Exit	ALLSTATE CORP	$0	–	-35,900	–	-0.36%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE INC	$0	–	-34,200	–	-0.36%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-9,200	–	-0.37%	–
LOW	Exit	LOWES COS INC	$0	–	-22,700	–	-0.40%	–
DHI	Exit	D R HORTON INC	$0	–	-51,400	–	-0.41%	–
TROW	Exit	PRICE T ROWE GROUP INC	$0	–	-32,900	–	-0.45%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-25,500	–	-0.71%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-5,269	–	-0.82%	–
QGEN	Exit	QIAGEN NV	$0	–	-151,400	–	-0.84%	–
AMZN	Exit	AMAZON COM INC	$0	–	-2,527	–	-0.84%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-47,200	–	-1.05%	–
ATHM	Exit	AUTOHOME INCsp adr rp cl a	$0	–	-124,745	–	-1.27%	–
AAPL	Exit	APPLE INC	$0	–	-104,748	–	-1.29%	–
EDU	Exit	NEW ORIENTAL ED & TECH GRP Ispon adr	$0	–	-124,100	–	-1.97%	–
INFY	Exit	INFOSYS LTDsponsored adr	$0	–	-3,879,766	–	-5.69%	–
JD	Exit	JD COM INCspon adr cl a	$0	–	-908,664	–	-7.49%	–
NTES	Exit	NETEASE INCsponsored adr	$0	–	-188,781	–	-9.12%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$0	–	-2,129,781	–	-18.34%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-1,219,196	–	-38.07%	–

Q3 2020

			Value		Shares		↓ Weighting
BABA	Buy	ALIBABA GROUP HLDG LTDsponsored ads	$358,419,000	+69.3%	1,219,196	+24.2%	38.07%	+22.7%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$172,661,000	+29.5%	2,129,781	-9.3%	18.34%	-6.2%
NTES	Buy	NETEASE INCsponsored adr	$85,833,000	+36.9%	188,781	+29.2%	9.12%	-0.8%
JD	Buy	JD COM INCspon adr cl a	$70,521,000	+180.7%	908,664	+117.7%	7.49%	+103.4%
INFY	Buy	INFOSYS LTDsponsored adr	$53,580,000	+156.6%	3,879,766	+79.5%	5.69%	+86.0%
EDU	Sell	NEW ORIENTAL ED & TECH GRP Ispon adr	$18,553,000	-21.0%	124,100	-31.2%	1.97%	-42.7%
AAPL	Buy	APPLE INC	$12,131,000	+9.4%	104,748	+244.7%	1.29%	-20.7%
ATHM	New	AUTOHOME INCsp adr rp cl a	$11,976,000	–	124,745	–	1.27%	–
MSFT	Sell	MICROSOFT CORP	$9,928,000	-12.4%	47,200	-15.3%	1.05%	-36.5%
AMZN	Buy	AMAZON COM INC	$7,957,000	+88.9%	2,527	+65.5%	0.84%	+37.0%
QGEN	New	QIAGEN NV	$7,912,000	–	151,400	–	0.84%	–
GOOGL	Buy	ALPHABET INCcap stk cl a	$7,722,000	+7.4%	5,269	+3.9%	0.82%	-22.1%
FB	Buy	FACEBOOK INCcl a	$6,678,000	+320.3%	25,500	+264.3%	0.71%	+204.3%
TROW	Sell	PRICE T ROWE GROUP INC	$4,218,000	-0.4%	32,900	-4.1%	0.45%	-27.9%
DHI	Sell	D R HORTON INC	$3,887,000	+8.0%	51,400	-20.8%	0.41%	-21.6%
LOW	Sell	LOWES COS INC	$3,765,000	+18.6%	22,700	-3.4%	0.40%	-14.0%
LMT	Sell	LOCKHEED MARTIN CORP	$3,526,000	-18.1%	9,200	-22.0%	0.37%	-40.7%
ICE	Sell	INTERCONTINENTAL EXCHANGE INC	$3,422,000	-13.7%	34,200	-21.0%	0.36%	-37.5%
ALL	Sell	ALLSTATE CORP	$3,380,000	-26.8%	35,900	-24.6%	0.36%	-47.0%
DG	Sell	DOLLAR GEN CORP NEW	$3,375,000	+3.0%	16,100	-6.4%	0.36%	-25.4%
ABBV	Sell	ABBVIE INC	$3,162,000	-21.8%	36,100	-12.4%	0.34%	-43.3%
PFSI	Buy	PENNYMAC FINL SVCS INC NEW	$2,791,000	+134.5%	48,029	+68.6%	0.30%	+70.1%
GRMN	Buy	GARMIN LTD	$2,789,000	+144.4%	29,400	+151.3%	0.30%	+77.2%
MA	Sell	MASTERCARD INCcl a	$2,773,000	-29.0%	8,200	-37.9%	0.30%	-48.4%
GNRC	Sell	GENERAC HLDGS INC	$2,660,000	+16.2%	13,736	-26.8%	0.28%	-15.5%
TMO	New	THERMO FISHER SCIENTIFIC INC	$2,605,000	–	5,900	–	0.28%	–
UNH	Sell	UNITEDHEALTH GPOUP INC	$2,605,000	-22.9%	8,357	-27.1%	0.28%	-44.0%
MCK	Sell	MCKESSON CORP	$2,591,000	-27.5%	17,400	-25.3%	0.28%	-47.5%
JPM	Sell	JP MORGAN CHASE & CO	$2,279,000	-11.2%	23,672	-13.2%	0.24%	-35.6%
AJG	Sell	GALLAGHER ARTHUR J & CO	$2,143,000	-22.0%	20,300	-28.0%	0.23%	-43.4%
BERY	Buy	BERRY PLASTICS GROUP INC	$2,044,000	+44.1%	42,300	+32.2%	0.22%	+4.3%
BMY	Sell	BRISTOL MYERS SQUIBB CO	$2,002,000	-55.6%	33,200	-56.7%	0.21%	-67.7%
IBP	Buy	INSTALLED BLDG PRODS INC	$2,010,000	+72.4%	19,751	+16.5%	0.21%	+24.6%
ORLY	New	OREILLY AUTOMOTIVE INC	$1,983,000	–	4,300	–	0.21%	–
AMAT	Sell	APPLIED MATLS INC	$1,813,000	-24.3%	30,500	-23.0%	0.19%	-45.0%
ZBRA	Sell	ZEBRA TECHNOLOGIES CORPcl a	$1,792,000	-27.8%	7,100	-26.8%	0.19%	-47.8%
BIIB	Sell	BIOGEN IDEC INC	$1,754,000	-47.5%	6,182	-50.5%	0.19%	-62.0%
STT	Sell	STATE STR CORP	$1,721,000	-25.4%	29,000	-20.1%	0.18%	-45.9%
DECK	Sell	DECKERS OUTDOOR CORP	$1,706,000	-11.0%	7,755	-20.5%	0.18%	-35.6%
APAM	New	ARTISAN PARTNERS ASSET MGMTcl a	$1,708,000	–	43,800	–	0.18%	–
BLK	Sell	BLACKROCK INC	$1,691,000	-16.0%	3,000	-18.9%	0.18%	-39.0%
ALXN	Sell	ALEXION PHARMACEUTICALS INC	$1,682,000	-34.3%	14,700	-35.5%	0.18%	-52.3%
NVR	Sell	NVR INC	$1,674,000	+0.7%	410	-19.6%	0.18%	-27.0%
JNJ	Sell	JOHNSON & JOHNSON	$1,593,000	-19.1%	10,700	-23.6%	0.17%	-41.5%
HOLX	New	HOLOGIC INC	$1,569,000	–	23,600	–	0.17%	–
SNPS	Sell	SYNOPSYS INC	$1,541,000	-36.8%	7,200	-42.4%	0.16%	-54.1%
SPGI	New	S&P GLOBAL INC	$1,515,000	–	4,200	–	0.16%	–
REGN	Sell	REGENERON PHARMACEUTICALS	$1,511,000	-30.8%	2,700	-22.9%	0.16%	-50.0%
HELE	New	HELEN OF TROY CORP LTD	$1,492,000	–	7,709	–	0.16%	–
CI	Sell	CIGNA CORP NEW	$1,474,000	-35.6%	8,700	-28.7%	0.16%	-53.1%
AB	Sell	ALLIANCEBERNSTEIN HLDG LPunit ltd partn	$1,451,000	-18.1%	53,655	-17.5%	0.15%	-40.8%
AZO	Sell	AUTOZONE INC	$1,448,000	-21.3%	1,230	-24.5%	0.15%	-42.8%
FDS	New	FACTSET RESH SYS INC	$1,406,000	–	4,200	–	0.15%	–
ANTM	Sell	ANTHEM INC	$1,397,000	-19.5%	5,200	-21.2%	0.15%	-41.7%
TGT	New	TARGET CORP	$1,338,000	–	8,500	–	0.14%	–
AAN	New	AARONS INC	$1,336,000	–	23,576	–	0.14%	–
URI	New	UNITED RENTALS INC	$1,291,000	–	7,400	–	0.14%	–
SAIC	Sell	SCIENCE APPLICATIONS INTL CO	$1,161,000	-20.5%	14,807	-21.3%	0.12%	-42.5%
EME	Sell	EMCOR GROUP INC	$1,157,000	-19.8%	17,091	-21.6%	0.12%	-41.7%
SFM	Sell	SPROUTS FMRS MKT INC	$1,143,000	-38.4%	54,600	-24.7%	0.12%	-55.5%
RS	Sell	RELIANCE STEEL & ALUMINUM CO	$1,133,000	-16.5%	11,100	-22.4%	0.12%	-39.7%
VRTX	Buy	VERTEX PHARMACEUTICALS INC	$952,000	+13.1%	3,500	+20.7%	0.10%	-17.9%
ODFL	Sell	OLD DOMINION FGHT LINES INC	$805,000	-37.9%	4,450	-41.8%	0.08%	-55.3%
MNST	New	MONSTER BEVERAGE CORP	$762,000	–	9,500	–	0.08%	–
ADUS	Sell	ADDUS HOMECARE CORP	$698,000	-36.0%	7,384	-37.3%	0.07%	-53.8%
TSCO	Sell	TRACTOR SUPPLY CO	$688,000	-37.1%	4,800	-42.2%	0.07%	-54.4%
MUSA	New	MURPHY USA INC	$667,000	–	5,201	–	0.07%	–
FOXF	Sell	FOX FACTORY HLDG CORP	$595,000	-45.1%	8,008	-38.9%	0.06%	-60.4%
PKI	New	PERKINELMER INC	$590,000	–	4,700	–	0.06%	–
EBS	New	EMERGENT BIOSOLUTIONS INC	$563,000	–	5,444	–	0.06%	–
LITE	Sell	LUMENTUM HLDGS INC	$564,000	-78.6%	7,501	-76.8%	0.06%	-84.5%
FIS	Sell	FIDELITY NATL INFORMATION SV	$569,000	-74.5%	3,867	-76.8%	0.06%	-81.7%
AMGN	Sell	AMGEN INC	$559,000	-39.2%	2,200	-43.6%	0.06%	-56.3%
EQH	Sell	EQUITABLE HLDGS INC	$547,000	-57.2%	30,000	-54.7%	0.06%	-69.0%
PHM	New	PULTE GROUP INC	$537,000	–	11,600	–	0.06%	–
QRVO	New	QORVO INC	$516,000	–	4,000	–	0.06%	–
AEIS	New	ADVANCED ENERGY INDS	$498,000	–	7,912	–	0.05%	–
MKSI	New	MKS INSTRUMENT INC	$492,000	–	4,500	–	0.05%	–
ESNT	Exit	ESSENT GROUP LTD	$0	–	-14,000	–	-0.07%	–
RTX	Exit	RAYTHEON TECHNOLOGIES CORP	$0	–	-11,674	–	-0.10%	–
CAH	Exit	CARDINAL HEALTH INC	$0	–	-13,800	–	-0.11%	–
GPN	Exit	GLOBAL PMTS INC	$0	–	-4,900	–	-0.12%	–
PAYC	Exit	PAYCOM SOFTWARE INC	$0	–	-2,700	–	-0.12%	–
INCY	Exit	INCYTE CORP	$0	–	-8,200	–	-0.12%	–
FSS	Exit	FERERAL SIGNAL CORP	$0	–	-29,109	–	-0.13%	–
GNTX	Exit	GENTEX CORP	$0	–	-39,200	–	-0.15%	–
NGHC	Exit	NATIONAL GEN HLDGS CORP	$0	–	-48,000	–	-0.15%	–
SLM	Exit	SLM CORP	$0	–	-191,371	–	-0.20%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-88,409	–	-0.20%	–
CIEN	Exit	CIENA CORP	$0	–	-29,300	–	-0.23%	–
CNC	Exit	CENTENE CORP DEL	$0	–	-31,600	–	-0.29%	–
CPRT	Exit	COPART INC	$0	–	-29,744	–	-0.36%	–
V	Exit	VISA INC	$0	–	-13,297	–	-0.38%	–
CDW	Exit	CDW CORP	$0	–	-23,500	–	-0.40%	–
KEYS	Exit	KEYSIGHT TECHNOLOGIES INC	$0	–	-31,900	–	-0.47%	–
INTC	Exit	INTEL CORP	$0	–	-59,400	–	-0.52%	–
SEDG	Exit	SOLAREDGE TECHNOLOGIES INC	$0	–	-27,928	–	-0.57%	–
VIPS	Exit	VIPSHOP HLDGS LTDsponsored ads a	$0	–	-1,042,000	–	-3.04%	–

Q2 2020

			Value		Shares		↓ Weighting
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$211,710,000	–	981,500	–	31.02%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$133,374,000	–	2,349,381	–	19.54%	–
NTES	New	NETEASE INCsponsored adr	$62,720,000	–	146,071	–	9.19%	–
JD	New	JD COM INCspon adr cl a	$25,124,000	–	417,474	–	3.68%	–
EDU	New	NEW ORIENTAL ED & TECH GRP Ispon adr	$23,480,000	–	180,300	–	3.44%	–
INFY	New	INFOSYS LTDsponsored adr	$20,883,000	–	2,161,766	–	3.06%	–
VIPS	New	VIPSHOP HLDGS LTDsponsored ads a	$20,746,000	–	1,042,000	–	3.04%	–
MSFT	New	MICROSOFT CORP	$11,336,000	–	55,700	–	1.66%	–
AAPL	New	APPLE INC	$11,085,000	–	30,387	–	1.62%	–
GOOGL	New	ALPHABET INCcap stk cl a	$7,188,000	–	5,069	–	1.05%	–
ALL	New	ALLSTATE CORP	$4,617,000	–	47,600	–	0.68%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$4,504,000	–	76,600	–	0.66%	–
LMT	New	LOCKHEED MARTIN CORP	$4,306,000	–	11,800	–	0.63%	–
TROW	New	PRICE T ROWE GROUP INC	$4,236,000	–	34,300	–	0.62%	–
AMZN	New	AMAZON COM INC	$4,213,000	–	1,527	–	0.62%	–
ABBV	New	ABBVIE INC	$4,045,000	–	41,200	–	0.59%	–
ICE	New	INTERCONTINENTAL EXCHANGE INC	$3,966,000	–	43,300	–	0.58%	–
MA	New	MASTERCARD INCcl a	$3,903,000	–	13,200	–	0.57%	–
SEDG	New	SOLAREDGE TECHNOLOGIES INC	$3,876,000	–	27,928	–	0.57%	–
DHI	New	D R HORTON INC	$3,599,000	–	64,900	–	0.53%	–
MCK	New	MCKESSON CORP	$3,575,000	–	23,300	–	0.52%	–
INTC	New	INTEL CORP	$3,554,000	–	59,400	–	0.52%	–
UNH	New	UNITEDHEALTH GPOUP INC	$3,379,000	–	11,457	–	0.50%	–
BIIB	New	BIOGEN IDEC INC	$3,344,000	–	12,500	–	0.49%	–
DG	New	DOLLAR GEN CORP NEW	$3,277,000	–	17,200	–	0.48%	–
KEYS	New	KEYSIGHT TECHNOLOGIES INC	$3,215,000	–	31,900	–	0.47%	–
LOW	New	LOWES COS INC	$3,175,000	–	23,500	–	0.46%	–
AJG	New	GALLAGHER ARTHUR J & CO	$2,749,000	–	28,200	–	0.40%	–
CDW	New	CDW CORP	$2,730,000	–	23,500	–	0.40%	–
LITE	New	LUMENTUM HLDGS INC	$2,638,000	–	32,401	–	0.39%	–
V	New	VISA INC	$2,569,000	–	13,297	–	0.38%	–
JPM	New	JP MORGAN CHASE & CO	$2,565,000	–	27,272	–	0.38%	–
ALXN	New	ALEXION PHARMACEUTICALS INC	$2,559,000	–	22,800	–	0.38%	–
ZBRA	New	ZEBRA TECHNOLOGIES CORPcl a	$2,483,000	–	9,700	–	0.36%	–
CPRT	New	COPART INC	$2,477,000	–	29,744	–	0.36%	–
SNPS	New	SYNOPSYS INC	$2,438,000	–	12,500	–	0.36%	–
AMAT	New	APPLIED MATLS INC	$2,394,000	–	39,600	–	0.35%	–
STT	New	STATE STR CORP	$2,307,000	–	36,300	–	0.34%	–
GNRC	New	GENERAC HLDGS INC	$2,289,000	–	18,769	–	0.34%	–
CI	New	CIGNA CORP NEW	$2,289,000	–	12,200	–	0.34%	–
FIS	New	FIDELITY NATL INFORMATION SV	$2,235,000	–	16,667	–	0.33%	–
REGN	New	REGENERON PHARMACEUTICALS	$2,183,000	–	3,500	–	0.32%	–
BLK	New	BLACKROCK INC	$2,013,000	–	3,700	–	0.30%	–
CNC	New	CENTENE CORP DEL	$2,008,000	–	31,600	–	0.29%	–
JNJ	New	JOHNSON & JOHNSON	$1,969,000	–	14,000	–	0.29%	–
DECK	New	DECKERS OUTDOOR CORP	$1,916,000	–	9,755	–	0.28%	–
SFM	New	SPROUTS FMRS MKT INC	$1,855,000	–	72,500	–	0.27%	–
AZO	New	AUTOZONE INC	$1,839,000	–	1,630	–	0.27%	–
AB	New	ALLIANCEBERNSTEIN HLDG LPunit ltd partn	$1,772,000	–	65,055	–	0.26%	–
ANTM	New	ANTHEM INC	$1,736,000	–	6,600	–	0.25%	–
NVR	New	NVR INC	$1,662,000	–	510	–	0.24%	–
FB	New	FACEBOOK INCcl a	$1,589,000	–	7,000	–	0.23%	–
CIEN	New	CIENA CORP	$1,587,000	–	29,300	–	0.23%	–
SAIC	New	SCIENCE APPLICATIONS INTL CO	$1,461,000	–	18,807	–	0.21%	–
EME	New	EMCOR GROUP INC	$1,442,000	–	21,808	–	0.21%	–
BERY	New	BERRY PLASTICS GROUP INC	$1,418,000	–	32,000	–	0.21%	–
RDN	New	RADIAN GROUP INC	$1,371,000	–	88,409	–	0.20%	–
RS	New	RELIANCE STEEL & ALUMINUM CO	$1,357,000	–	14,300	–	0.20%	–
SLM	New	SLM CORP	$1,345,000	–	191,371	–	0.20%	–
ODFL	New	OLD DOMINION FGHT LINES INC	$1,297,000	–	7,650	–	0.19%	–
EQH	New	EQUITABLE HLDGS INC	$1,277,000	–	66,200	–	0.19%	–
PFSI	New	PENNYMAC FINL SVCS INC NEW	$1,190,000	–	28,479	–	0.17%	–
IBP	New	INSTALLED BLDG PRODS INC	$1,166,000	–	16,951	–	0.17%	–
GRMN	New	GARMIN LTD	$1,141,000	–	11,700	–	0.17%	–
TSCO	New	TRACTOR SUPPLY CO	$1,094,000	–	8,300	–	0.16%	–
ADUS	New	ADDUS HOMECARE CORP	$1,091,000	–	11,784	–	0.16%	–
FOXF	New	FOX FACTORY HLDG CORP	$1,083,000	–	13,108	–	0.16%	–
NGHC	New	NATIONAL GEN HLDGS CORP	$1,037,000	–	48,000	–	0.15%	–
GNTX	New	GENTEX CORP	$1,010,000	–	39,200	–	0.15%	–
ABC	New	AMERISOURCEBERGEN CORP	$977,000	–	9,700	–	0.14%	–
ACN	New	ACCENTURE PLC IRELAND	$945,000	–	4,400	–	0.14%	–
AMGN	New	AMGEN INC	$920,000	–	3,900	–	0.14%	–
FSS	New	FERERAL SIGNAL CORP	$865,000	–	29,109	–	0.13%	–
INCY	New	INCYTE CORP	$853,000	–	8,200	–	0.12%	–
PAYC	New	PAYCOM SOFTWARE INC	$836,000	–	2,700	–	0.12%	–
EBAY	New	EBAY INC	$839,000	–	16,000	–	0.12%	–
VRTX	New	VERTEX PHARMACEUTICALS INC	$842,000	–	2,900	–	0.12%	–
GPN	New	GLOBAL PMTS INC	$831,000	–	4,900	–	0.12%	–
PCAR	New	PACCAR INC	$823,000	–	11,000	–	0.12%	–
AVGO	New	BROADCOM INC	$814,000	–	2,579	–	0.12%	–
CAH	New	CARDINAL HEALTH INC	$720,000	–	13,800	–	0.11%	–
RTX	New	RAYTHEON TECHNOLOGIES CORP	$719,000	–	11,674	–	0.10%	–
CMCSA	New	COMCAST CORP NEWcl a spl	$679,000	–	17,421	–	0.10%	–
DISCA	New	DISCOVERY INC	$660,000	–	31,300	–	0.10%	–
WAL	New	WESTERN ALLIANCE BANCORP	$511,000	–	13,500	–	0.08%	–
ESNT	New	ESSENT GROUP LTD	$508,000	–	14,000	–	0.07%	–

Q4 2019

			Value		Shares		↓ Weighting
COF	Exit	CAPITAL ONE FINL CORP	$0	–	-21,800	–	-0.18%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-167,635	–	-0.19%	–
FOXF	Exit	FOX FACTORY HLDG CORP	$0	–	-34,249	–	-0.20%	–
NMIH	Exit	NMI HLDGS INCcl a	$0	–	-84,283	–	-0.20%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-11,900	–	-0.21%	–
IBP	Exit	INSTALLED BLDG PRODS INC	$0	–	-40,751	–	-0.21%	–
FSS	Exit	FERERAL SIGNAL CORP	$0	–	-71,909	–	-0.22%	–
KEYS	Exit	KEYSIGHT TECHNOLOGIES INC	$0	–	-24,700	–	-0.22%	–
CR	Exit	CRANE CO	$0	–	-32,000	–	-0.24%	–
CMI	Exit	CUMMINS INC	$0	–	-17,200	–	-0.26%	–
HUBB	Exit	HUBBELL INC	$0	–	-21,400	–	-0.26%	–
CNC	Exit	CENTENE CORP DEL	$0	–	-65,200	–	-0.26%	–
GNTX	Exit	GENTEX CORP	$0	–	-104,500	–	-0.26%	–
CIEN	Exit	CIENA CORP	$0	–	-76,000	–	-0.27%	–
ATKR	Exit	ATKORE INTL GROUP INC	$0	–	-102,266	–	-0.28%	–
SNA	Exit	SNAP ON INC	$0	–	-20,200	–	-0.29%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-19,000	–	-0.31%	–
ORCL	Exit	ORACLE CORP	$0	–	-66,000	–	-0.33%	–
FNKO	Exit	FUNKO INC	$0	–	-181,222	–	-0.34%	–
CELG	Exit	CELGEN CORP	$0	–	-38,000	–	-0.35%	–
PCAR	Exit	PACCAR INC	$0	–	-54,000	–	-0.35%	–
DFS	Exit	DISCOVER FINL SVCS	$0	–	-48,500	–	-0.36%	–
ROP	Exit	ROPER INDS INC NEW	$0	–	-11,078	–	-0.36%	–
OSK	Exit	OSHKOSH CORP	$0	–	-53,968	–	-0.38%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-190,677	–	-0.40%	–
ODFL	Exit	OLD DOMINION FGHT LINES INC	$0	–	-26,200	–	-0.41%	–
ATUS	Exit	ALTICE USA INCcl a	$0	–	-173,500	–	-0.46%	–
GNRC	Exit	GENERAC HLDGS INC	$0	–	-68,019	–	-0.49%	–
GRMN	Exit	GARMIN LTD	$0	–	-64,000	–	-0.50%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-44,651	–	-0.53%	–
AAN	Exit	AARONS INC	$0	–	-90,011	–	-0.53%	–
ALXN	Exit	ALEXION PHARMACEUTICALS INC	$0	–	-60,700	–	-0.54%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-51,722	–	-0.56%	–
NICE	Exit	NICE LTDsponsored adr	$0	–	-43,100	–	-0.57%	–
PAYC	Exit	PAYCOM SOFTWARE INC	$0	–	-30,100	–	-0.58%	–
ESNT	Exit	ESSENT GROUP LTD	$0	–	-132,877	–	-0.58%	–
UNH	Exit	UNITEDHEALTH GPOUP INC	$0	–	-29,657	–	-0.59%	–
CI	Exit	CIGNA CORP NEW	$0	–	-43,500	–	-0.60%	–
ANTM	Exit	ANTHEM INC	$0	–	-28,350	–	-0.62%	–
EME	Exit	EMCOR GROUP INC	$0	–	-87,708	–	-0.69%	–
FIS	Exit	FIDELITY NATL INFORMATION SV	$0	–	-57,206	–	-0.70%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-56,150	–	-0.71%	–
BIIB	Exit	BIOGEN IDEC INC	$0	–	-33,200	–	-0.71%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP INC	$0	–	-75,627	–	-0.71%	–
DISCA	Exit	DISCOVERY INC	$0	–	-298,200	–	-0.73%	–
NVR	Exit	NVR INC	$0	–	-2,170	–	-0.74%	–
ANET	Exit	ARISTA NETWORKS INC	$0	–	-34,145	–	-0.75%	–
EEFT	Exit	EURONET WORLDWIDE INC	$0	–	-57,700	–	-0.77%	–
CSL	Exit	CARLISE COS INC	$0	–	-58,100	–	-0.78%	–
HCA	Exit	HCA HOLDINGS INC	$0	–	-72,000	–	-0.79%	–
LPLA	Exit	LPL FINL HLDGS INC	$0	–	-106,500	–	-0.80%	–
AME	Exit	AMETEK INC NEW	$0	–	-99,000	–	-0.83%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-78,700	–	-0.85%	–
CPRT	Exit	COPART INC	$0	–	-117,444	–	-0.86%	–
AJG	Exit	GALLAGHER ARTHUR J & CO	$0	–	-108,550	–	-0.89%	–
INDA	Exit	ISHARES TRmsci india etf	$0	–	-294,600	–	-0.91%	–
ALL	Exit	ALLSTATE CORP	$0	–	-96,000	–	-0.96%	–
AZO	Exit	AUTOZONE INC	$0	–	-9,730	–	-0.97%	–
WNS	Exit	WNS HOLDINGS LTDspon adr	$0	–	-189,000	–	-1.02%	–
AVGO	Exit	BROADCOM INC	$0	–	-41,981	–	-1.06%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CORPcl a	$0	–	-56,800	–	-1.07%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-30,500	–	-1.09%	–
TROW	Exit	PRICE T ROWE GROUP INC	$0	–	-106,100	–	-1.11%	–
IR	Exit	INGERSOLL-RAND PLC	$0	–	-108,700	–	-1.23%	–
CDW	Exit	CDW CORP	$0	–	-112,111	–	-1.27%	–
AFL	Exit	AFLAC INC	$0	–	-265,500	–	-1.27%	–
CBRE	Exit	CBRE GROUP INCcl a	$0	–	-262,800	–	-1.28%	–
PGR	Exit	PROGRESSIVE CORP OHIO	$0	–	-185,800	–	-1.32%	–
V	Exit	VISA INC	$0	–	-84,297	–	-1.33%	–
MOMO	Exit	MOMO INCadr	$0	–	-495,400	–	-1.41%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-30,700	–	-1.46%	–
CMCSA	Exit	COMCAST CORP NEWcl a spl	$0	–	-359,919	–	-1.49%	–
AMZN	Exit	AMAZON COM INC	$0	–	-9,477	–	-1.51%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-65,700	–	-1.64%	–
AAPL	Exit	APPLE INC	$0	–	-86,543	–	-1.78%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-16,796	–	-1.88%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-167,350	–	-2.13%	–
QD	Exit	QUDIAN INCadr	$0	–	-3,561,832	–	-2.25%	–
JD	Exit	JD COM INCspon adr cl a	$0	–	-985,500	–	-2.55%	–
VIPS	Exit	VIPSHOP HLDGS LTDsponsored ads a	$0	–	-3,128,000	–	-2.56%	–
ATHM	Exit	AUTOHOME INCsp adr rp cl a	$0	–	-370,000	–	-2.82%	–
NTES	Exit	NETEASE INCsponsored adr	$0	–	-246,300	–	-6.01%	–
INFY	Exit	INFOSYS LTDsponsored adr	$0	–	-7,538,500	–	-7.85%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$0	–	-2,260,680	–	-9.63%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-678,900	–	-10.40%	–

Q3 2019

			Value		Shares		↓ Weighting
BABA	Buy	ALIBABA GROUP HLDG LTDsponsored ads	$113,532,000	+35.0%	678,900	+36.8%	10.40%	+11.1%
TSM	Buy	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$105,076,000	+65.1%	2,260,680	+39.1%	9.63%	+35.9%
INFY	Buy	INFOSYS LTDsponsored adr	$85,713,000	+32.3%	7,538,500	+24.5%	7.85%	+8.9%
NTES	New	NETEASE INCsponsored adr	$65,560,000	–	246,300	–	6.01%	–
ATHM	Buy	AUTOHOME INCsp adr rp cl a	$30,758,000	+6.9%	370,000	+10.1%	2.82%	-12.0%
VIPS	New	VIPSHOP HLDGS LTDsponsored ads a	$27,902,000	–	3,128,000	–	2.56%	–
JD	New	JD COM INCspon adr cl a	$27,801,000	–	985,500	–	2.55%	–
QD	New	QUDIAN INCadr	$24,541,000	–	3,561,832	–	2.25%	–
MSFT	Buy	MICROSOFT CORP	$23,267,000	+4.4%	167,350	+0.6%	2.13%	-14.0%
GOOGL	Buy	ALPHABET INCcap stk cl a	$20,510,000	+168.1%	16,796	+137.8%	1.88%	+120.8%
AAPL	Buy	APPLE INC	$19,383,000	+23.0%	86,543	+8.7%	1.78%	+1.3%
MA	Sell	MASTERCARD INCcl a	$17,842,000	-8.9%	65,700	-11.2%	1.64%	-25.0%
AMZN	Sell	AMAZON COM INC	$16,451,000	-19.0%	9,477	-11.7%	1.51%	-33.3%
CMCSA	Sell	COMCAST CORP NEWcl a spl	$16,225,000	-4.8%	359,919	-10.7%	1.49%	-21.6%
TDG	Sell	TRANSDIGM GROUP INC	$15,985,000	-2.5%	30,700	-9.4%	1.46%	-19.7%
MOMO	Buy	MOMO INCadr	$15,347,000	+14.7%	495,400	+32.6%	1.41%	-5.6%
V	Sell	VISA INC	$14,500,000	-10.4%	84,297	-9.6%	1.33%	-26.3%
PGR	Sell	PROGRESSIVE CORP OHIO	$14,353,000	-15.4%	185,800	-12.5%	1.32%	-30.4%
CBRE	Sell	CBRE GROUP INCcl a	$13,931,000	-10.9%	262,800	-13.8%	1.28%	-26.7%
AFL	Sell	AFLAC INC	$13,891,000	-11.5%	265,500	-7.3%	1.27%	-27.2%
CDW	Sell	CDW CORP	$13,817,000	-14.2%	112,111	-22.7%	1.27%	-29.4%
IR	Sell	INGERSOLL-RAND PLC	$13,393,000	-16.2%	108,700	-13.9%	1.23%	-31.0%
TROW	New	PRICE T ROWE GROUP INC	$12,122,000	–	106,100	–	1.11%	–
LMT	New	LOCKHEED MARTIN CORP	$11,897,000	–	30,500	–	1.09%	–
ZBRA	Sell	ZEBRA TECHNOLOGIES CORPcl a	$11,722,000	-10.2%	56,800	-8.8%	1.07%	-26.0%
AVGO	Sell	BROADCOM INC	$11,590,000	-27.3%	41,981	-24.2%	1.06%	-40.2%
WNS	Buy	WNS HOLDINGS LTDspon adr	$11,104,000	+33.9%	189,000	+34.9%	1.02%	+10.2%
AZO	Sell	AUTOZONE INC	$10,553,000	-12.6%	9,730	-11.4%	0.97%	-28.1%
ALL	New	ALLSTATE CORP	$10,433,000	–	96,000	–	0.96%	–
INDA	New	ISHARES TRmsci india etf	$9,890,000	–	294,600	–	0.91%	–
AJG	Sell	GALLAGHER ARTHUR J & CO	$9,723,000	-10.2%	108,550	-12.1%	0.89%	-26.0%
CPRT	Sell	COPART INC	$9,434,000	-32.0%	117,444	-36.7%	0.86%	-44.0%
AXP	Sell	AMERICAN EXPRESS CO	$9,309,000	-16.4%	78,700	-12.7%	0.85%	-31.2%
AME	Sell	AMETEK INC NEW	$9,090,000	-12.2%	99,000	-13.2%	0.83%	-27.8%
LPLA	Sell	LPL FINL HLDGS INC	$8,722,000	-33.6%	106,500	-33.9%	0.80%	-45.3%
HCA	Sell	HCA HOLDINGS INC	$8,670,000	-36.5%	72,000	-28.7%	0.79%	-47.7%
CSL	Buy	CARLISE COS INC	$8,456,000	+107.0%	58,100	+99.7%	0.78%	+70.3%
EEFT	Sell	EURONET WORLDWIDE INC	$8,442,000	-26.4%	57,700	-15.4%	0.77%	-39.5%
ANET	Sell	ARISTA NETWORKS INC	$8,158,000	-37.1%	34,145	-31.7%	0.75%	-48.3%
NVR	Buy	NVR INC	$8,067,000	+115.6%	2,170	+95.5%	0.74%	+77.6%
DISCA	Sell	DISCOVERY INC	$7,941,000	-23.7%	298,200	-12.1%	0.73%	-37.2%
ABG	Buy	ASBURY AUTOMOTIVE GROUP INC	$7,739,000	+68.8%	75,627	+39.1%	0.71%	+39.0%
BIIB	Sell	BIOGEN IDEC INC	$7,730,000	-15.5%	33,200	-15.1%	0.71%	-30.5%
SNPS	Sell	SYNOPSYS INC	$7,707,000	-14.1%	56,150	-19.5%	0.71%	-29.3%
FIS	New	FIDELITY NATL INFORMATION SV	$7,595,000	–	57,206	–	0.70%	–
EME	Sell	EMCOR GROUP INC	$7,553,000	-13.1%	87,708	-11.1%	0.69%	-28.5%
ANTM	Sell	ANTHEM INC	$6,807,000	-21.8%	28,350	-8.1%	0.62%	-35.6%
CI	Sell	CIGNA CORP NEW	$6,603,000	-14.5%	43,500	-11.2%	0.60%	-29.6%
UNH	Sell	UNITEDHEALTH GPOUP INC	$6,445,000	-42.2%	29,657	-35.0%	0.59%	-52.4%
ESNT	Sell	ESSENT GROUP LTD	$6,334,000	-15.2%	132,877	-16.4%	0.58%	-30.2%
PAYC	Sell	PAYCOM SOFTWARE INC	$6,306,000	-23.0%	30,100	-16.6%	0.58%	-36.6%
NICE	Sell	NICE LTDsponsored adr	$6,198,000	+2.8%	43,100	-2.0%	0.57%	-15.4%
JPM	Sell	JP MORGAN CHASE & CO	$6,087,000	-10.3%	51,722	-14.8%	0.56%	-26.2%
ALXN	Sell	ALEXION PHARMACEUTICALS INC	$5,945,000	-34.9%	60,700	-12.9%	0.54%	-46.4%
AAN	Sell	AARONS INC	$5,784,000	-8.4%	90,011	-12.5%	0.53%	-24.6%
JNJ	Sell	JOHNSON & JOHNSON	$5,777,000	-18.1%	44,651	-11.8%	0.53%	-32.6%
GNRC	New	GENERAC HLDGS INC	$5,329,000	–	68,019	–	0.49%	–
ATUS	Sell	ALTICE USA INCcl a	$4,976,000	+2.4%	173,500	-13.0%	0.46%	-15.7%
ODFL	Sell	OLD DOMINION FGHT LINES INC	$4,453,000	-11.5%	26,200	-22.3%	0.41%	-27.1%
RDN	Buy	RADIAN GROUP INC	$4,355,000	+119.8%	190,677	+120.0%	0.40%	+81.4%
OSK	Sell	OSHKOSH CORP	$4,091,000	-29.0%	53,968	-21.7%	0.38%	-41.5%
FNKO	New	FUNKO INC	$3,729,000	–	181,222	–	0.34%	–
ORCL	New	ORACLE CORP	$3,632,000	–	66,000	–	0.33%	–
FB	New	FACEBOOK INCcl a	$3,384,000	–	19,000	–	0.31%	–
SNA	Sell	SNAP ON INC	$3,162,000	-49.1%	20,200	-46.1%	0.29%	-58.0%
ATKR	New	ATKORE INTL GROUP INC	$3,104,000	–	102,266	–	0.28%	–
CIEN	New	CIENA CORP	$2,981,000	–	76,000	–	0.27%	–
GNTX	Sell	GENTEX CORP	$2,877,000	-12.8%	104,500	-22.0%	0.26%	-28.1%
HUBB	New	HUBBELL INC	$2,812,000	–	21,400	–	0.26%	–
CNC	Sell	CENTENE CORP DEL	$2,821,000	-37.6%	65,200	-24.4%	0.26%	-48.7%
CMI	Sell	CUMMINS INC	$2,798,000	-65.5%	17,200	-63.6%	0.26%	-71.6%
CR	Sell	CRANE CO	$2,580,000	-24.6%	32,000	-22.0%	0.24%	-38.1%
FSS	New	FERERAL SIGNAL CORP	$2,354,000	–	71,909	–	0.22%	–
IBP	Sell	INSTALLED BLDG PRODS INC	$2,337,000	-22.5%	40,751	-20.0%	0.21%	-36.3%
ACN	New	ACCENTURE PLC IRELAND	$2,289,000	–	11,900	–	0.21%	–
NMIH	Sell	NMI HLDGS INCcl a	$2,213,000	-27.0%	84,283	-21.1%	0.20%	-39.8%
FOXF	Sell	FOX FACTORY HLDG CORP	$2,132,000	-39.4%	34,249	-19.7%	0.20%	-50.3%
MTG	Sell	MGIC INVT CORP WIS	$2,109,000	-53.4%	167,635	-51.3%	0.19%	-61.6%
COF	Sell	CAPITAL ONE FINL CORP	$1,983,000	-21.4%	21,800	-21.6%	0.18%	-35.2%
NCLH	Exit	NORWEGIAN CRUISE LINE HLDG L	$0	–	-32,000	–	-0.19%	–
ULTA	Exit	ULTA BEAUTY INC	$0	–	-5,900	–	-0.23%	–
CTAS	Exit	CINTAS CORP	$0	–	-10,359	–	-0.27%	–
APH	Exit	AMPHENOL CORP NEWcl a	$0	–	-33,500	–	-0.36%	–
LSTR	Exit	LANDSTAR SYS INC	$0	–	-30,885	–	-0.37%	–
AMTD	Exit	TD AMERITRADE HLDG CORP	$0	–	-73,300	–	-0.41%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-18,700	–	-0.42%	–
PRAH	Exit	PRA HEALTH SCIENCES INC	$0	–	-38,940	–	-0.43%	–
VMW	Exit	VMWARE INC	$0	–	-23,200	–	-0.43%	–
CSX	Exit	CSX CORP	$0	–	-50,700	–	-0.44%	–
PUMP	Exit	PROPETRO HLDG CORP	$0	–	-203,508	–	-0.47%	–
URI	Exit	UNITED RENTALS INC	$0	–	-44,500	–	-0.66%	–
WP	Exit	WORLDPAY INCcl a	$0	–	-71,400	–	-0.97%	–
CSCO	Exit	CISCO SYS INC	$0	–	-162,100	–	-0.99%	–
SSNC	Exit	SS&C TECHNOLOGIES HLDGS INC	$0	–	-197,500	–	-1.27%	–

Q2 2019

			Value		Shares		↓ Weighting
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$84,115,000	–	496,400	–	9.36%	–
INFY	New	INFOSYS LTDsponsored adr	$64,764,000	–	6,052,700	–	7.21%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$63,658,000	–	1,625,180	–	7.08%	–
ATHM	New	AUTOHOME INCsp adr rp cl a	$28,785,000	–	336,200	–	3.20%	–
MSFT	New	MICROSOFT CORP	$22,284,000	–	166,350	–	2.48%	–
AMZN	New	AMAZON COM INC	$20,313,000	–	10,727	–	2.26%	–
MA	New	MASTERCARD INCcl a	$19,575,000	–	74,000	–	2.18%	–
CMCSA	New	COMCAST CORP NEWcl a spl	$17,035,000	–	402,919	–	1.90%	–
PGR	New	PROGRESSIVE CORP OHIO	$16,969,000	–	212,300	–	1.89%	–
TDG	New	TRANSDIGM GROUP INC	$16,401,000	–	33,900	–	1.82%	–
V	New	VISA INC	$16,192,000	–	93,297	–	1.80%	–
CDW	New	CDW CORP	$16,107,000	–	145,111	–	1.79%	–
IR	New	INGERSOLL-RAND PLC	$15,986,000	–	126,200	–	1.78%	–
AVGO	New	BROADCOM INC	$15,950,000	–	55,409	–	1.78%	–
AAPL	New	APPLE INC	$15,763,000	–	79,643	–	1.75%	–
AFL	New	AFLAC INC	$15,703,000	–	286,500	–	1.75%	–
CBRE	New	CBRE GROUP INCcl a	$15,636,000	–	304,800	–	1.74%	–
CPRT	New	COPART INC	$13,868,000	–	185,544	–	1.54%	–
HCA	New	HCA HOLDINGS INC	$13,652,000	–	101,000	–	1.52%	–
MOMO	New	MOMO INCadr	$13,378,000	–	373,700	–	1.49%	–
LPLA	New	LPL FINL HLDGS INC	$13,133,000	–	161,000	–	1.46%	–
ZBRA	New	ZEBRA TECHNOLOGIES CORPcl a	$13,051,000	–	62,300	–	1.45%	–
ANET	New	ARISTA NETWORKS INC	$12,980,000	–	49,995	–	1.44%	–
AZO	New	AUTOZONE INC	$12,072,000	–	10,980	–	1.34%	–
EEFT	New	EURONET WORLDWIDE INC	$11,474,000	–	68,200	–	1.28%	–
SSNC	New	SS&C TECHNOLOGIES HLDGS INC	$11,378,000	–	197,500	–	1.27%	–
UNH	New	UNITEDHEALTH GPOUP INC	$11,141,000	–	45,657	–	1.24%	–
AXP	New	AMERICAN EXPRESS CO	$11,134,000	–	90,200	–	1.24%	–
AJG	New	GALLAGHER ARTHUR J & CO	$10,822,000	–	123,550	–	1.20%	–
DISCA	New	DISCOVERY INC	$10,413,000	–	339,200	–	1.16%	–
AME	New	AMETEK INC NEW	$10,356,000	–	114,000	–	1.15%	–
BIIB	New	BIOGEN IDEC INC	$9,144,000	–	39,100	–	1.02%	–
ALXN	New	ALEXION PHARMACEUTICALS INC	$9,129,000	–	69,700	–	1.02%	–
SNPS	New	SYNOPSYS INC	$8,976,000	–	69,750	–	1.00%	–
CSCO	New	CISCO SYS INC	$8,872,000	–	162,100	–	0.99%	–
WP	New	WORLDPAY INCcl a	$8,750,000	–	71,400	–	0.97%	–
ANTM	New	ANTHEM INC	$8,706,000	–	30,850	–	0.97%	–
EME	New	EMCOR GROUP INC	$8,696,000	–	98,708	–	0.97%	–
WNS	New	WNS HOLDINGS LTDspon adr	$8,294,000	–	140,100	–	0.92%	–
PAYC	New	PAYCOM SOFTWARE INC	$8,185,000	–	36,100	–	0.91%	–
CMI	New	CUMMINS INC	$8,104,000	–	47,300	–	0.90%	–
CI	New	CIGNA CORP NEW	$7,720,000	–	49,000	–	0.86%	–
GOOGL	New	ALPHABET INCcap stk cl a	$7,649,000	–	7,064	–	0.85%	–
ESNT	New	ESSENT GROUP LTD	$7,466,000	–	158,877	–	0.83%	–
JNJ	New	JOHNSON & JOHNSON	$7,055,000	–	50,651	–	0.78%	–
JPM	New	JP MORGAN CHASE & CO	$6,789,000	–	60,722	–	0.76%	–
AAN	New	AARONS INC	$6,314,000	–	102,819	–	0.70%	–
SNA	New	SNAP ON INC	$6,212,000	–	37,500	–	0.69%	–
NICE	New	NICE LTDsponsored adr	$6,028,000	–	44,000	–	0.67%	–
URI	New	UNITED RENTALS INC	$5,902,000	–	44,500	–	0.66%	–
OSK	New	OSHKOSH CORP	$5,758,000	–	68,968	–	0.64%	–
GRMN	New	GARMIN LTD	$5,107,000	–	64,000	–	0.57%	–
ODFL	New	OLD DOMINION FGHT LINES INC	$5,030,000	–	33,700	–	0.56%	–
ATUS	New	ALTICE USA INCcl a	$4,858,000	–	199,500	–	0.54%	–
ABG	New	ASBURY AUTOMOTIVE GROUP INC	$4,585,000	–	54,360	–	0.51%	–
CNC	New	CENTENE CORP DEL	$4,520,000	–	86,200	–	0.50%	–
MTG	New	MGIC INVT CORP WIS	$4,522,000	–	344,135	–	0.50%	–
PUMP	New	PROPETRO HLDG CORP	$4,213,000	–	203,508	–	0.47%	–
CSL	New	CARLISE COS INC	$4,086,000	–	29,100	–	0.46%	–
ROP	New	ROPER INDS INC NEW	$4,057,000	–	11,078	–	0.45%	–
CSX	New	CSX CORP	$3,923,000	–	50,700	–	0.44%	–
VMW	New	VMWARE INC	$3,879,000	–	23,200	–	0.43%	–
PCAR	New	PACCAR INC	$3,870,000	–	54,000	–	0.43%	–
PRAH	New	PRA HEALTH SCIENCES INC	$3,861,000	–	38,940	–	0.43%	–
DFS	New	DISCOVER FINL SVCS	$3,763,000	–	48,500	–	0.42%	–
NVR	New	NVR INC	$3,741,000	–	1,110	–	0.42%	–
NSC	New	NORFOLK SOUTHERN CORP	$3,727,000	–	18,700	–	0.42%	–
AMTD	New	TD AMERITRADE HLDG CORP	$3,659,000	–	73,300	–	0.41%	–
FOXF	New	FOX FACTORY HLDG CORP	$3,521,000	–	42,674	–	0.39%	–
CELG	New	CELGEN CORP	$3,513,000	–	38,000	–	0.39%	–
CR	New	CRANE CO	$3,421,000	–	41,000	–	0.38%	–
LSTR	New	LANDSTAR SYS INC	$3,335,000	–	30,885	–	0.37%	–
GNTX	New	GENTEX CORP	$3,298,000	–	134,000	–	0.37%	–
APH	New	AMPHENOL CORP NEWcl a	$3,214,000	–	33,500	–	0.36%	–
NMIH	New	NMI HLDGS INCcl a	$3,032,000	–	106,783	–	0.34%	–
IBP	New	INSTALLED BLDG PRODS INC	$3,015,000	–	50,912	–	0.34%	–
COF	New	CAPITAL ONE FINL CORP	$2,523,000	–	27,800	–	0.28%	–
CTAS	New	CINTAS CORP	$2,458,000	–	10,359	–	0.27%	–
KEYS	New	KEYSIGHT TECHNOLOGIES INC	$2,218,000	–	24,700	–	0.25%	–
ULTA	New	ULTA BEAUTY INC	$2,047,000	–	5,900	–	0.23%	–
RDN	New	RADIAN GROUP INC	$1,981,000	–	86,677	–	0.22%	–
NCLH	New	NORWEGIAN CRUISE LINE HLDG L	$1,716,000	–	32,000	–	0.19%	–

Q4 2018

			Value		Shares		↓ Weighting
ENTA	Exit	ENANTA PHARMACEUTICALS INC	$0	–	-3,115	–	-0.02%	–
MLNX	Exit	MELLANOX TECHNOLOGIES LTD	$0	–	-3,866	–	-0.02%	–
TTMI	Exit	TTM TECHNOLOGIES INC	$0	–	-19,753	–	-0.02%	–
STMP	Exit	STAMPS INC	$0	–	-1,330	–	-0.02%	–
SIMO	Exit	SILICON MOTION TECHNOLOGY COsponsored adr	$0	–	-5,956	–	-0.02%	–
FDEF	Exit	FIRST DEFIANCE FINL CORP	$0	–	-10,764	–	-0.02%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP INC	$0	–	-4,660	–	-0.02%	–
EME	Exit	EMCOR GROUP INC	$0	–	-4,308	–	-0.02%	–
KFRC	Exit	KFORCE INC	$0	–	-8,480	–	-0.02%	–
NANO	Exit	NANOMETRICS INC	$0	–	-8,556	–	-0.02%	–
MERC	Exit	MERCER INTL INC	$0	–	-20,096	–	-0.02%	–
KLIC	Exit	KULICKE & SOFFA INDS INC	$0	–	-13,920	–	-0.02%	–
LOPE	Exit	GRAND CANYON ED INC	$0	–	-3,005	–	-0.02%	–
CALM	Exit	CAL MAINE FOODS INC	$0	–	-6,875	–	-0.02%	–
CHH	Exit	CHOICE HOTELS INTL INC	$0	–	-4,083	–	-0.02%	–
BDC	Exit	BELDEN INC	$0	–	-4,917	–	-0.02%	–
NSIT	Exit	INSIGHT ENTERPRISES INC	$0	–	-6,550	–	-0.02%	–
ESNT	Exit	ESSENT GROUP LTD	$0	–	-8,077	–	-0.02%	–
LCII	Exit	LCI INDS	$0	–	-4,291	–	-0.02%	–
NGVT	Exit	INGEVITY CORP	$0	–	-3,588	–	-0.02%	–
MSA	Exit	MSA SAFETY INC	$0	–	-3,642	–	-0.02%	–
AEL	Exit	AMERICAN EQTY INVT LIFE HLD	$0	–	-11,020	–	-0.02%	–
SOI	Exit	SOLARIS OILFIELD INFRSTR INC	$0	–	-20,215	–	-0.02%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-18,477	–	-0.02%	–
MOH	Exit	MOLINA HEALTHCARE INC	$0	–	-2,586	–	-0.02%	–
PGTI	Exit	PGT INNOVATIONS INC	$0	–	-17,603	–	-0.02%	–
BCPC	Exit	BALCHEM CORP	$0	–	-3,524	–	-0.03%	–
HIIQ	Exit	HEALTH INS INNOVATIONS INC	$0	–	-6,546	–	-0.03%	–
KAI	Exit	KADANT INC	$0	–	-3,690	–	-0.03%	–
RM	Exit	REGIONAL MGMT CORP	$0	–	-13,927	–	-0.03%	–
VRTS	Exit	VIRTUS INVT PARTNERS INC	$0	–	-3,628	–	-0.03%	–
MBUU	Exit	MALIBU BOATS INC	$0	–	-7,521	–	-0.03%	–
HUBG	Exit	HUB GROUP INCcl a	$0	–	-9,205	–	-0.03%	–
HLI	Exit	HOULIHAN LOKEY INCcl a	$0	–	-9,342	–	-0.03%	–
ECHO	Exit	ECHO GLOBAL LOGISTICS INC	$0	–	-13,363	–	-0.03%	–
THRM	Exit	GENTHERM INC	$0	–	-9,504	–	-0.03%	–
OMF	Exit	ONEMAIN HLDGS INC	$0	–	-12,745	–	-0.03%	–
NMIH	Exit	NMI HLDGS INCcl a	$0	–	-19,483	–	-0.03%	–
PATK	Exit	PATRICK INDS INC	$0	–	-7,454	–	-0.03%	–
LHCG	Exit	LHC GROUP INC	$0	–	-4,375	–	-0.03%	–
ATKR	Exit	ATKORE INTL GROUP INC	$0	–	-16,966	–	-0.03%	–
TREX	Exit	TREX CO INC	$0	–	-5,902	–	-0.03%	–
NVEE	Exit	NV5 GLOBAL INC	$0	–	-5,269	–	-0.03%	–
CTRL	Exit	CONTROL4 CORP	$0	–	-13,262	–	-0.03%	–
LADR	Exit	LADDER CAP CORPcl a	$0	–	-27,135	–	-0.03%	–
GNRC	Exit	GENERAC HLDGS INC	$0	–	-8,441	–	-0.03%	–
ORBK	Exit	ORBOTECH LTD	$0	–	-8,182	–	-0.03%	–
FWRD	Exit	FORWARD AIR CORP	$0	–	-7,125	–	-0.03%	–
HEI	Exit	HEICO CORP NEWcl a	$0	–	-5,547	–	-0.03%	–
DECK	Exit	DECKERS OUTDOOR CORP	$0	–	-4,223	–	-0.03%	–
ENTG	Exit	ENTEGRIS INC	$0	–	-18,262	–	-0.03%	–
AMED	Exit	AMEDISYS INC	$0	–	-4,506	–	-0.04%	–
VG	Exit	VONAGE HLDGS CORP	$0	–	-41,304	–	-0.04%	–
GDOT	Exit	GREEN DOT CORPcl a	$0	–	-7,194	–	-0.04%	–
MCFT	Exit	MCBC HLDGS INC	$0	–	-18,209	–	-0.04%	–
FOXF	Exit	FOX FACTORY HLDG CORP	$0	–	-9,653	–	-0.04%	–
MEDP	Exit	MEDPACE HLDGS INC	$0	–	-11,284	–	-0.04%	–
CTAS	Exit	CINTAS CORP	$0	–	-10,359	–	-0.13%	–
LPX	Exit	LOUISIANA PAC CORP	$0	–	-79,000	–	-0.14%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-28,600	–	-0.19%	–
AOS	Exit	SMITH AO	$0	–	-71,652	–	-0.25%	–
DAN	Exit	DANA INCORPORATED	$0	–	-210,200	–	-0.26%	–
COF	Exit	CAPITAL ONE FINL CORP	$0	–	-42,500	–	-0.26%	–
KLAC	Exit	KLA-TENCOR CORP	$0	–	-40,700	–	-0.27%	–
EWBC	Exit	EAST WEST BANCORP INC	$0	–	-69,800	–	-0.28%	–
OEC	Exit	ORION ENGINEERED CARBONS S A	$0	–	-136,676	–	-0.29%	–
ODFL	Exit	OLD DOMINION FGHT LINES INC	$0	–	-28,300	–	-0.30%	–
APH	Exit	AMPHENOL CORP NEWcl a	$0	–	-50,800	–	-0.31%	–
IR	Exit	INGERSOLL-RAND PLC	$0	–	-47,000	–	-0.31%	–
EEFT	Exit	EURONET WORLDWIDE INC	$0	–	-48,900	–	-0.32%	–
CVS	Exit	CVS CAREMARK CORPORATION	$0	–	-64,000	–	-0.33%	–
INTC	Exit	INTEL CORP	$0	–	-107,600	–	-0.33%	–
LPLA	Exit	LPL FINL HLDGS INC	$0	–	-79,700	–	-0.34%	–
GRMN	Exit	GARMIN LTD	$0	–	-76,600	–	-0.35%	–
NICE	Exit	NICE LTDsponsored adr	$0	–	-47,000	–	-0.35%	–
BWA	Exit	BORGWARNER INC	$0	–	-128,000	–	-0.36%	–
ARW	Exit	ARROW ELECTRS INC	$0	–	-77,200	–	-0.37%	–
YY	Exit	YY INC	$0	–	-76,800	–	-0.38%	–
VMW	Exit	VMWARE INC	$0	–	-40,800	–	-0.42%	–
CMCSA	Exit	COMCAST CORP NEWcl a spl	$0	–	-184,871	–	-0.43%	–
LGIH	Exit	LGI HOMES INC	$0	–	-142,098	–	-0.44%	–
STT	Exit	STATE STR CORP	$0	–	-82,500	–	-0.45%	–
RTN	Exit	RAYTHEON CO	$0	–	-36,085	–	-0.49%	–
ROP	Exit	ROPER INDS INC NEW	$0	–	-27,278	–	-0.53%	–
AVGO	Exit	BROADCOM INC	$0	–	-33,687	–	-0.54%	–
MC	Exit	MOELIS & COcl a	$0	–	-166,255	–	-0.59%	–
DHI	Exit	D R HORTON INC	$0	–	-219,800	–	-0.60%	–
WCG	Exit	WELLCARE HEALTH PLANS INC	$0	–	-31,200	–	-0.65%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-51,800	–	-0.66%	–
LAZ	Exit	LAZARD LTD	$0	–	-213,800	–	-0.67%	–
RS	Exit	RELIANCE STEEL & ALUMINUM CO	$0	–	-127,100	–	-0.71%	–
AAN	Exit	AARONS INC	$0	–	-199,549	–	-0.71%	–
BKNG	Exit	BOOKING HLDGS INC	$0	–	-5,559	–	-0.72%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-115,400	–	-0.74%	–
ASGN	Exit	ASGN INC	$0	–	-153,838	–	-0.79%	–
ATHM	Exit	AUTOHOME INCsp adr rp cl a	$0	–	-179,100	–	-0.90%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-84,680	–	-0.91%	–
MU	Exit	MICRON TECHNOLOGY INC	$0	–	-311,900	–	-0.92%	–
LFUS	Exit	LITTLEFUSE INC	$0	–	-72,916	–	-0.94%	–
ST	Exit	SENSATA TECHNOLOGIES HLDNG P	$0	–	-293,700	–	-0.95%	–
REGN	Exit	REGENERON PHARMACEUTICALS	$0	–	-36,200	–	-0.95%	–
ALSN	Exit	ALLISON TRANSMISSION HLDGS I	$0	–	-284,900	–	-0.96%	–
ANTM	Exit	ANTHEM INC	$0	–	-55,800	–	-1.00%	–
SSNC	Exit	SS&C TECHNOLOGIES HLDGS INC	$0	–	-271,500	–	-1.00%	–
DISCA	Exit	DISCOVERY INC	$0	–	-493,100	–	-1.03%	–
AMCX	Exit	AMC NETWORKS INCcl a	$0	–	-256,000	–	-1.11%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-128,298	–	-1.16%	–
PGR	Exit	PROGRESSIVE CORP OHIO	$0	–	-250,300	–	-1.16%	–
AJG	Exit	GALLAGHER ARTHUR J & CO	$0	–	-242,650	–	-1.18%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CORPcl a	$0	–	-102,700	–	-1.18%	–
PAYC	Exit	PAYCOM SOFTWARE INC	$0	–	-118,064	–	-1.20%	–
URI	Exit	UNITED RENTALS INC	$0	–	-116,100	–	-1.24%	–
TROW	Exit	PRICE T ROWE GROUP INC	$0	–	-176,400	–	-1.26%	–
STLD	Exit	STEEL DYNAMICS INC	$0	–	-431,350	–	-1.27%	–
AET	Exit	AETNA INC NEW	$0	–	-98,633	–	-1.30%	–
AFL	Exit	AFLAC INC	$0	–	-432,000	–	-1.32%	–
AMTD	Exit	TD AMERITRADE HLDG CORP	$0	–	-387,800	–	-1.34%	–
EVR	Exit	EVERCORE PARTNERS INCclass a	$0	–	-206,888	–	-1.36%	–
ANET	Exit	ARISTA NETWORKS INC	$0	–	-81,935	–	-1.42%	–
GNTX	Exit	GENTEX CORP	$0	–	-1,030,500	–	-1.44%	–
BIIB	Exit	BIOGEN IDEC INC	$0	–	-62,900	–	-1.45%	–
LSTR	Exit	LANDSTAR SYS INC	$0	–	-183,885	–	-1.46%	–
ABBV	Exit	ABBVIE INC	$0	–	-239,300	–	-1.48%	–
WP	Exit	WORLDPAY INCcl a	$0	–	-230,000	–	-1.52%	–
V	Exit	VISA INC	$0	–	-161,159	–	-1.58%	–
CPRT	Exit	COPART INC	$0	–	-471,644	–	-1.58%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-62,866	–	-1.60%	–
CI	Exit	CIGNA CORP	$0	–	-118,400	–	-1.61%	–
CDW	Exit	CDW CORP	$0	–	-283,411	–	-1.64%	–
MOMO	Exit	MOMO INCadr	$0	–	-594,600	–	-1.70%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-70,400	–	-1.71%	–
PRAH	Exit	PRA HEALTH SCIENCES INC	$0	–	-237,880	–	-1.71%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-238,490	–	-1.75%	–
CNC	Exit	CENTENE CORP DEL	$0	–	-188,100	–	-1.77%	–
CBRE	Exit	CBRE GROUP INCcl a	$0	–	-665,700	–	-1.91%	–
MPC	Exit	MARATHON PETE CORP	$0	–	-368,200	–	-1.92%	–
HCA	Exit	HCA HOLDINGS INC	$0	–	-222,500	–	-2.02%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-136,700	–	-2.04%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-145,700	–	-2.11%	–
UNH	Exit	UNITEDHEALTH GPOUP INC	$0	–	-136,807	–	-2.37%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-322,700	–	-2.40%	–
INFY	Exit	INFOSYS LTDsponsored adr	$0	–	-3,674,500	–	-2.44%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-227,700	–	-2.44%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-31,604	–	-2.49%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$0	–	-921,080	–	-2.65%	–
AMZN	Exit	AMAZON COM INC	$0	–	-21,074	–	-2.75%	–
AAPL	Exit	APPLE INC	$0	–	-248,130	–	-3.65%	–

Q3 2018

			Value		Shares		↓ Weighting
AAPL	Buy	APPLE INC	$56,013,000	+58.9%	248,130	+30.3%	3.65%	+45.9%
AMZN	Sell	AMAZON COM INC	$42,211,000	+11.3%	21,074	-5.6%	2.75%	+2.2%
TSM	Buy	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$40,675,000	+29.4%	921,080	+7.1%	2.65%	+18.8%
GOOGL	Buy	ALPHABET INCcap stk cl a	$38,149,000	+17.7%	31,604	+10.1%	2.49%	+8.1%
BABA	Sell	ALIBABA GROUP HLDG LTDsponsored ads	$37,516,000	-47.8%	227,700	-41.2%	2.44%	-52.0%
INFY	Buy	INFOSYS LTDsponsored adr	$37,370,000	+151.7%	3,674,500	+380.9%	2.44%	+131.2%
MSFT	New	MICROSOFT CORP	$36,907,000	–	322,700	–	2.40%	–
UNH	Sell	UNITEDHEALTH GPOUP INC	$36,396,000	+3.4%	136,807	-4.6%	2.37%	-5.0%
MA	Buy	MASTERCARD INCcl a	$32,434,000	+13.7%	145,700	+0.4%	2.11%	+4.4%
BIDU	Buy	BAIDU INCspon adr rep a	$31,261,000	+38.3%	136,700	+47.0%	2.04%	+27.1%
HCA	Buy	HCA HOLDINGS INC	$30,954,000	+225.1%	222,500	+139.8%	2.02%	+198.8%
MPC	Buy	MARATHON PETE CORP	$29,445,000	+114.1%	368,200	+87.9%	1.92%	+96.7%
CBRE	Buy	CBRE GROUP INCcl a	$29,357,000	-7.5%	665,700	+0.2%	1.91%	-15.0%
CNC	Sell	CENTENE CORP DEL	$27,233,000	+2.9%	188,100	-12.4%	1.77%	-5.5%
JPM	Sell	JP MORGAN CHASE & CO	$26,911,000	-11.7%	238,490	-18.5%	1.75%	-19.0%
TDG	Buy	TRANSDIGM GROUP INC	$26,210,000	+34.4%	70,400	+24.6%	1.71%	+23.5%
PRAH	Sell	PRA HEALTH SCIENCES INC	$26,212,000	+17.6%	237,880	-0.3%	1.71%	+8.0%
MOMO	Buy	MOMO INCadr	$26,043,000	+2363.9%	594,600	+2346.9%	1.70%	+2162.7%
CDW	Buy	CDW CORP	$25,201,000	+11.9%	283,411	+1.6%	1.64%	+2.8%
CI	Buy	CIGNA CORP	$24,657,000	+26.8%	118,400	+3.5%	1.61%	+16.5%
ALGN	Sell	ALIGN TECHNOLOGY INC	$24,594,000	-20.0%	62,866	-30.0%	1.60%	-26.5%
CPRT	Sell	COPART INC	$24,304,000	-13.7%	471,644	-5.3%	1.58%	-20.8%
V	Buy	VISA INC	$24,188,000	+96.7%	161,159	+73.6%	1.58%	+80.7%
WP	Buy	WORLDPAY INCcl a	$23,292,000	+258.7%	230,000	+189.7%	1.52%	+229.3%
ABBV	Buy	ABBVIE INC	$22,633,000	+2.9%	239,300	+0.8%	1.48%	-5.4%
LSTR	Buy	LANDSTAR SYS INC	$22,434,000	+6781.6%	183,885	+6060.3%	1.46%	+6256.5%
BIIB	Buy	BIOGEN IDEC INC	$22,223,000	+104.7%	62,900	+68.2%	1.45%	+88.1%
GNTX	Buy	GENTEX CORP	$22,115,000	-6.2%	1,030,500	+0.6%	1.44%	-13.9%
ANET	Sell	ARISTA NETWORKS INC	$21,783,000	+0.8%	81,935	-2.4%	1.42%	-7.4%
EVR	Buy	EVERCORE PARTNERS INCclass a	$20,803,000	+19.6%	206,888	+25.5%	1.36%	+9.9%
AMTD	Buy	TD AMERITRADE HLDG CORP	$20,487,000	-3.0%	387,800	+0.5%	1.34%	-10.9%
AFL	Buy	AFLAC INC	$20,334,000	+15.7%	432,000	+5.8%	1.32%	+6.3%
TROW	Sell	PRICE T ROWE GROUP INC	$19,259,000	-10.4%	176,400	-4.8%	1.26%	-17.7%
URI	Buy	UNITED RENTALS INC	$18,994,000	+11.2%	116,100	+0.3%	1.24%	+2.1%
PAYC	Buy	PAYCOM SOFTWARE INC	$18,348,000	+58.9%	118,064	+1.0%	1.20%	+45.9%
ZBRA	New	ZEBRA TECHNOLOGIES CORPcl a	$18,160,000	–	102,700	–	1.18%	–
AJG	Buy	GALLAGHER ARTHUR J & CO	$18,063,000	+14.4%	242,650	+0.3%	1.18%	+5.1%
PGR	New	PROGRESSIVE CORP OHIO	$17,781,000	–	250,300	–	1.16%	–
JNJ	Sell	JOHNSON & JOHNSON	$17,727,000	+7.7%	128,298	-5.4%	1.16%	-1.0%
AMCX	Buy	AMC NETWORKS INCcl a	$16,983,000	+8.0%	256,000	+1.3%	1.11%	-0.8%
DISCA	New	DISCOVERY INC	$15,779,000	–	493,100	–	1.03%	–
SSNC	New	SS&C TECHNOLOGIES HLDGS INC	$15,429,000	–	271,500	–	1.00%	–
ANTM	New	ANTHEM INC	$15,292,000	–	55,800	–	1.00%	–
ALSN	New	ALLISON TRANSMISSION HLDGS I	$14,818,000	–	284,900	–	0.96%	–
REGN	New	REGENERON PHARMACEUTICALS	$14,626,000	–	36,200	–	0.95%	–
ST	Buy	SENSATA TECHNOLOGIES HLDNG P	$14,553,000	+5.3%	293,700	+1.1%	0.95%	-3.4%
LFUS	Buy	LITTLEFUSE INC	$14,429,000	+15.6%	72,916	+33.3%	0.94%	+6.1%
MU	New	MICRON TECHNOLOGY INC	$14,107,000	–	311,900	–	0.92%	–
FB	Sell	FACEBOOK INCcl a	$13,926,000	-65.2%	84,680	-58.8%	0.91%	-68.0%
ATHM	Sell	AUTOHOME INCsp adr rp cl a	$13,864,000	-45.3%	179,100	-28.7%	0.90%	-49.8%
ASGN	Sell	ASGN INC	$12,142,000	-0.2%	153,838	-1.1%	0.79%	-8.3%
SNPS	Sell	SYNOPSYS INC	$11,380,000	-33.0%	115,400	-41.9%	0.74%	-38.5%
BKNG	Buy	BOOKING HLDGS INC	$11,029,000	+1.5%	5,559	+3.7%	0.72%	-6.7%
AAN	Buy	AARONS INC	$10,867,000	+30.9%	199,549	+4.5%	0.71%	+20.2%
RS	Buy	RELIANCE STEEL & ALUMINUM CO	$10,840,000	+62.9%	127,100	+67.2%	0.71%	+49.6%
LAZ	Sell	LAZARD LTD	$10,290,000	-2.7%	213,800	-1.2%	0.67%	-10.7%
SPGI	Buy	S&P GLOBAL INC	$10,121,000	-0.7%	51,800	+3.6%	0.66%	-8.9%
WCG	Buy	WELLCARE HEALTH PLANS INC	$9,999,000	+35.4%	31,200	+4.0%	0.65%	+24.2%
DHI	Sell	D R HORTON INC	$9,271,000	-25.1%	219,800	-27.2%	0.60%	-31.3%
MC	Sell	MOELIS & COcl a	$9,111,000	-10.6%	166,255	-4.3%	0.59%	-17.8%
AVGO	Sell	BROADCOM INC	$8,312,000	-3.2%	33,687	-4.8%	0.54%	-11.0%
ROP	Buy	ROPER INDS INC NEW	$8,080,000	+11.9%	27,278	+4.2%	0.53%	+2.7%
RTN	Sell	RAYTHEON CO	$7,457,000	-32.4%	36,085	-36.8%	0.49%	-37.9%
STT	Sell	STATE STR CORP	$6,912,000	-70.5%	82,500	-67.2%	0.45%	-72.9%
LGIH	Sell	LGI HOMES INC	$6,741,000	-18.1%	142,098	-0.3%	0.44%	-24.8%
CMCSA	Buy	COMCAST CORP NEWcl a spl	$6,546,000	+12.6%	184,871	+4.3%	0.43%	+3.1%
VMW	Sell	VMWARE INC	$6,367,000	+1.2%	40,800	-4.7%	0.42%	-7.0%
YY	Sell	YY INC	$5,754,000	-81.9%	76,800	-75.7%	0.38%	-83.4%
ARW	Sell	ARROW ELECTRS INC	$5,691,000	-6.9%	77,200	-4.9%	0.37%	-14.5%
BWA	Sell	BORGWARNER INC	$5,476,000	-58.1%	128,000	-57.7%	0.36%	-61.4%
GRMN	Buy	GARMIN LTD	$5,366,000	+19.4%	76,600	+3.9%	0.35%	+9.7%
LPLA	Buy	LPL FINL HLDGS INC	$5,141,000	+1.9%	79,700	+3.5%	0.34%	-6.4%
INTC	Sell	INTEL CORP	$5,088,000	-9.0%	107,600	-4.4%	0.33%	-16.6%
CVS	New	CVS CAREMARK CORPORATION	$5,038,000	–	64,000	–	0.33%	–
EEFT	New	EURONET WORLDWIDE INC	$4,901,000	–	48,900	–	0.32%	–
IR	New	INGERSOLL-RAND PLC	$4,808,000	–	47,000	–	0.31%	–
APH	Sell	AMPHENOL CORP NEWcl a	$4,776,000	+2.8%	50,800	-4.7%	0.31%	-5.8%
ODFL	New	OLD DOMINION FGHT LINES INC	$4,564,000	–	28,300	–	0.30%	–
OEC	New	ORION ENGINEERED CARBONS S A	$4,387,000	–	136,676	–	0.29%	–
EWBC	New	EAST WEST BANCORP INC	$4,214,000	–	69,800	–	0.28%	–
KLAC	New	KLA-TENCOR CORP	$4,140,000	–	40,700	–	0.27%	–
COF	New	CAPITAL ONE FINL CORP	$4,035,000	–	42,500	–	0.26%	–
DAN	Sell	DANA INCORPORATED	$3,924,000	-48.9%	210,200	-44.8%	0.26%	-53.0%
AOS	Sell	SMITH AO	$3,824,000	-62.8%	71,652	-58.8%	0.25%	-65.9%
LYB	Buy	LYONDELLBASELL INDUSTRIES N	$2,932,000	-1.1%	28,600	+5.9%	0.19%	-9.0%
FOXF	Sell	FOX FACTORY HLDG CORP	$676,000	+3.7%	9,653	-31.1%	0.04%	-4.3%
FWRD	New	FORWARD AIR CORP	$511,000	–	7,125	–	0.03%	–
LADR	New	LADDER CAP CORPcl a	$460,000	–	27,135	–	0.03%	–
NVEE	New	NV5 GLOBAL INC	$457,000	–	5,269	–	0.03%	–
CTRL	New	CONTROL4 CORP	$455,000	–	13,262	–	0.03%	–
ATKR	New	ATKORE INTL GROUP INC	$450,000	–	16,966	–	0.03%	–
PATK	New	PATRICK INDS INC	$441,000	–	7,454	–	0.03%	–
THRM	New	GENTHERM INC	$432,000	–	9,504	–	0.03%	–
VRTS	New	VIRTUS INVT PARTNERS INC	$413,000	–	3,628	–	0.03%	–
HUBG	New	HUB GROUP INCcl a	$420,000	–	9,205	–	0.03%	–
HIIQ	New	HEALTH INS INNOVATIONS INC	$404,000	–	6,546	–	0.03%	–
MOH	New	MOLINA HEALTHCARE INC	$385,000	–	2,586	–	0.02%	–
NGVT	New	INGEVITY CORP	$366,000	–	3,588	–	0.02%	–
NSIT	New	INSIGHT ENTERPRISES INC	$354,000	–	6,550	–	0.02%	–
KLIC	New	KULICKE & SOFFA INDS INC	$332,000	–	13,920	–	0.02%	–
MERC	New	MERCER INTL INC	$338,000	–	20,096	–	0.02%	–
KFRC	New	KFORCE INC	$319,000	–	8,480	–	0.02%	–
FDEF	Buy	FIRST DEFIANCE FINL CORP	$324,000	-10.2%	10,764	+100.0%	0.02%	-19.2%
SIMO	New	SILICON MOTION TECHNOLOGY COsponsored adr	$320,000	–	5,956	–	0.02%	–
TTMI	New	TTM TECHNOLOGIES INC	$314,000	–	19,753	–	0.02%	–
CVIAQ	Exit	COVIA HLDGS CORP	$0	–	-10,835	–	-0.01%	–
SGH	Exit	SMART GLOBAL HLDGS INC	$0	–	-6,841	–	-0.02%	–
SEDG	Exit	SOLAREDGE TECHNOLOGIES INC	$0	–	-4,860	–	-0.02%	–
THO	Exit	THOR INDS INC	$0	–	-2,950	–	-0.02%	–
SRCI	Exit	SRC ENERGY INC	$0	–	-27,065	–	-0.02%	–
BECN	Exit	BEACON ROOFING SUPPLY INC	$0	–	-6,949	–	-0.02%	–
WGO	Exit	WINNEBAGO INDS INC	$0	–	-8,011	–	-0.02%	–
CPSI	Exit	COMPUTER PROGRAMS & SYS INC	$0	–	-10,340	–	-0.02%	–
SYNT	Exit	SYNTEL INC	$0	–	-10,831	–	-0.02%	–
ICHR	Exit	ICHOR HOLDINGS	$0	–	-17,395	–	-0.03%	–
VIRT	Exit	VIRTU FINL INCcl a	$0	–	-14,448	–	-0.03%	–
TXRH	Exit	TEXAS ROADHOUSE INC	$0	–	-6,969	–	-0.03%	–
SODA	Exit	SODASTREAM INTERNATIONAL LTD	$0	–	-7,699	–	-0.05%	–
GD	Exit	GENERAL DYNAMICS CORP	$0	–	-5,646	–	-0.08%	–
RGA	Exit	REINSURANCE GROUP AMER INC	$0	–	-30,850	–	-0.29%	–
IPGP	Exit	IPG PHOTONICS CORP	$0	–	-32,000	–	-0.50%	–
TX	Exit	TERNIUM SAspon adr	$0	–	-218,800	–	-0.54%	–
MKSI	Exit	MKS INSTRUMENT INC	$0	–	-113,186	–	-0.77%	–
EDU	Exit	NEW ORIENTAL ED & TECH GRP Ispon adr	$0	–	-118,700	–	-0.80%	–
WB	Exit	WEIBO CORPsponsored adr	$0	–	-174,900	–	-1.10%	–
WLK	Exit	WETLAKE CHEM CORP	$0	–	-156,500	–	-1.20%	–
BLK	Exit	BLACKROCK INC	$0	–	-38,500	–	-1.36%	–
LRCX	Exit	LAM RESEARCH CORP	$0	–	-112,417	–	-1.38%	–
AMAT	Exit	APPLIED MATLS INC	$0	–	-429,521	–	-1.41%	–
LEA	Exit	LEAR CORP	$0	–	-180,807	–	-2.38%	–

Q2 2018

			Value		Shares		↓ Weighting
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$71,830,000	–	387,163	–	5.10%	–
FB	New	FACEBOOK INCcl a	$39,968,000	–	205,680	–	2.84%	–
AMZN	New	AMAZON COM INC	$37,938,000	–	22,319	–	2.69%	–
AAPL	New	APPLE INC	$35,250,000	–	190,430	–	2.50%	–
UNH	New	UNITEDHEALTH GPOUP INC	$35,183,000	–	143,407	–	2.50%	–
LEA	New	LEAR CORP	$33,596,000	–	180,807	–	2.38%	–
GOOGL	New	ALPHABET INCcap stk cl a	$32,412,000	–	28,704	–	2.30%	–
YY	New	YY INC	$31,779,000	–	316,300	–	2.25%	–
CBRE	New	CBRE GROUP INCcl a	$31,723,000	–	664,500	–	2.25%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$31,430,000	–	859,680	–	2.23%	–
ALGN	New	ALIGN TECHNOLOGY INC	$30,747,000	–	89,866	–	2.18%	–
JPM	New	JP MORGAN CHASE & CO	$30,493,000	–	292,640	–	2.16%	–
MA	New	MASTERCARD INCcl a	$28,515,000	–	145,100	–	2.02%	–
CPRT	New	COPART INC	$28,164,000	–	497,944	–	2.00%	–
CNC	New	CENTENE CORP DEL	$26,453,000	–	214,700	–	1.88%	–
ATHM	New	AUTOHOME INCsp adr rp cl a	$25,361,000	–	251,100	–	1.80%	–
GNTX	New	GENTEX CORP	$23,586,000	–	1,024,600	–	1.67%	–
STT	New	STATE STR CORP	$23,440,000	–	251,800	–	1.66%	–
BIDU	New	BAIDU INCspon adr rep a	$22,599,000	–	93,000	–	1.60%	–
CDW	New	CDW CORP	$22,525,000	–	278,811	–	1.60%	–
PRAH	New	PRA HEALTH SCIENCES INC	$22,283,000	–	238,680	–	1.58%	–
ABBV	New	ABBVIE INC	$21,986,000	–	237,300	–	1.56%	–
ANET	New	ARISTA NETWORKS INC	$21,612,000	–	83,935	–	1.53%	–
TROW	New	PRICE T ROWE GROUP INC	$21,500,000	–	185,200	–	1.52%	–
AMTD	New	TD AMERITRADE HLDG CORP	$21,130,000	–	385,800	–	1.50%	–
AMAT	New	APPLIED MATLS INC	$19,840,000	–	429,521	–	1.41%	–
STLD	New	STEEL DYNAMICS INC	$19,821,000	–	431,350	–	1.41%	–
TDG	New	TRANSDIGM GROUP INC	$19,500,000	–	56,500	–	1.38%	–
CI	New	CIGNA CORP	$19,442,000	–	114,400	–	1.38%	–
LRCX	New	LAM RESEARCH CORP	$19,431,000	–	112,417	–	1.38%	–
BLK	New	BLACKROCK INC	$19,213,000	–	38,500	–	1.36%	–
AET	New	AETNA INC NEW	$18,099,000	–	98,633	–	1.28%	–
AFL	New	AFLAC INC	$17,569,000	–	408,400	–	1.25%	–
EVR	New	EVERCORE PARTNERS INCclass a	$17,387,000	–	164,888	–	1.23%	–
URI	New	UNITED RENTALS INC	$17,080,000	–	115,700	–	1.21%	–
SNPS	New	SYNOPSYS INC	$16,984,000	–	198,483	–	1.20%	–
WLK	New	WETLAKE CHEM CORP	$16,844,000	–	156,500	–	1.20%	–
JNJ	New	JOHNSON & JOHNSON	$16,453,000	–	135,598	–	1.17%	–
AJG	New	GALLAGHER ARTHUR J & CO	$15,794,000	–	241,950	–	1.12%	–
AMCX	New	AMC NETWORKS INCcl a	$15,724,000	–	252,800	–	1.12%	–
WB	New	WEIBO CORPsponsored adr	$15,524,000	–	174,900	–	1.10%	–
INFY	New	INFOSYS LTDsponsored adr	$14,846,000	–	764,100	–	1.05%	–
ST	New	SENSATA TECHNOLOGIES HLDNG P	$13,822,000	–	290,500	–	0.98%	–
MPC	New	MARATHON PETE CORP	$13,751,000	–	196,000	–	0.98%	–
BWA	New	BORGWARNER INC	$13,056,000	–	302,500	–	0.93%	–
LFUS	New	LITTLEFUSE INC	$12,485,000	–	54,716	–	0.89%	–
DHI	New	D R HORTON INC	$12,386,000	–	302,100	–	0.88%	–
V	New	VISA INC	$12,299,000	–	92,859	–	0.87%	–
ASGN	New	ASGN INC	$12,162,000	–	155,538	–	0.86%	–
PAYC	New	PAYCOM SOFTWARE INC	$11,550,000	–	116,864	–	0.82%	–
EDU	New	NEW ORIENTAL ED & TECH GRP Ispon adr	$11,236,000	–	118,700	–	0.80%	–
RTN	New	RAYTHEON CO	$11,028,000	–	57,085	–	0.78%	–
BKNG	New	BOOKING HLDGS INC	$10,863,000	–	5,359	–	0.77%	–
BIIB	New	BIOGEN IDEC INC	$10,855,000	–	37,400	–	0.77%	–
MKSI	New	MKS INSTRUMENT INC	$10,832,000	–	113,186	–	0.77%	–
LAZ	New	LAZARD LTD	$10,579,000	–	216,300	–	0.75%	–
AOS	New	SMITH AO	$10,290,000	–	173,961	–	0.73%	–
SPGI	New	S&P GLOBAL INC	$10,195,000	–	50,000	–	0.72%	–
MC	New	MOELIS & COcl a	$10,191,000	–	173,755	–	0.72%	–
HCA	New	HCA HOLDINGS INC	$9,521,000	–	92,800	–	0.68%	–
AVGO	New	BROADCOM INC	$8,586,000	–	35,387	–	0.61%	–
AAN	New	AARONS INC	$8,299,000	–	191,000	–	0.59%	–
LGIH	New	LGI HOMES INC	$8,226,000	–	142,498	–	0.58%	–
DAN	New	DANA INCORPORATED	$7,683,000	–	380,516	–	0.54%	–
TX	New	TERNIUM SAspon adr	$7,619,000	–	218,800	–	0.54%	–
WCG	New	WELLCARE HEALTH PLANS INC	$7,387,000	–	30,000	–	0.52%	–
ROP	New	ROPER INDS INC NEW	$7,223,000	–	26,178	–	0.51%	–
IPGP	New	IPG PHOTONICS CORP	$7,060,000	–	32,000	–	0.50%	–
RS	New	RELIANCE STEEL & ALUMINUM CO	$6,653,000	–	76,000	–	0.47%	–
WP	New	WORLDPAY INCcl a	$6,493,000	–	79,400	–	0.46%	–
VMW	New	VMWARE INC	$6,290,000	–	42,800	–	0.45%	–
ARW	New	ARROW ELECTRS INC	$6,113,000	–	81,200	–	0.43%	–
CMCSA	New	COMCAST CORP NEWcl a spl	$5,816,000	–	177,271	–	0.41%	–
INTC	New	INTEL CORP	$5,592,000	–	112,500	–	0.40%	–
LPLA	New	LPL FINL HLDGS INC	$5,047,000	–	77,000	–	0.36%	–
NICE	New	NICE LTDsponsored adr	$4,877,000	–	47,000	–	0.35%	–
APH	New	AMPHENOL CORP NEWcl a	$4,645,000	–	53,300	–	0.33%	–
GRMN	New	GARMIN LTD	$4,496,000	–	73,700	–	0.32%	–
RGA	New	REINSURANCE GROUP AMER INC	$4,118,000	–	30,850	–	0.29%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$2,966,000	–	27,000	–	0.21%	–
LPX	New	LOUISIANA PAC CORP	$2,150,000	–	79,000	–	0.15%	–
CTAS	New	CINTAS CORP	$1,917,000	–	10,359	–	0.14%	–
GD	New	GENERAL DYNAMICS CORP	$1,052,000	–	5,646	–	0.08%	–
MOMO	New	MOMO INCadr	$1,057,000	–	24,300	–	0.08%	–
SODA	New	SODASTREAM INTERNATIONAL LTD	$657,000	–	7,699	–	0.05%	–
FOXF	New	FOX FACTORY HLDG CORP	$652,000	–	14,006	–	0.05%	–
ENTG	New	ENTEGRIS INC	$619,000	–	18,262	–	0.04%	–
VG	New	VONAGE HLDGS CORP	$532,000	–	41,304	–	0.04%	–
MCFT	New	MCBC HLDGS INC	$527,000	–	18,209	–	0.04%	–
GDOT	New	GREEN DOT CORPcl a	$528,000	–	7,194	–	0.04%	–
ORBK	New	ORBOTECH LTD	$506,000	–	8,182	–	0.04%	–
RM	New	REGIONAL MGMT CORP	$488,000	–	13,927	–	0.04%	–
HLI	New	HOULIHAN LOKEY INCcl a	$478,000	–	9,342	–	0.03%	–
DECK	New	DECKERS OUTDOOR CORP	$477,000	–	4,223	–	0.03%	–
MEDP	New	MEDPACE HLDGS INC	$485,000	–	11,284	–	0.03%	–
TXRH	New	TEXAS ROADHOUSE INC	$457,000	–	6,969	–	0.03%	–
GNRC	New	GENERAC HLDGS INC	$437,000	–	8,441	–	0.03%	–
OMF	New	ONEMAIN HLDGS INC	$424,000	–	12,745	–	0.03%	–
HEI	New	HEICO CORP NEWcl a	$405,000	–	5,547	–	0.03%	–
ECHO	New	ECHO GLOBAL LOGISTICS INC	$391,000	–	13,363	–	0.03%	–
AEL	New	AMERICAN EQTY INVT LIFE HLD	$397,000	–	11,020	–	0.03%	–
LCII	New	LCI INDS	$387,000	–	4,291	–	0.03%	–
AMED	New	AMEDISYS INC	$385,000	–	4,506	–	0.03%	–
LHCG	New	LHC GROUP INC	$374,000	–	4,375	–	0.03%	–
VIRT	New	VIRTU FINL INCcl a	$384,000	–	14,448	–	0.03%	–
FDEF	New	FIRST DEFIANCE FINL CORP	$361,000	–	5,382	–	0.03%	–
PGTI	New	PGT INNOVATIONS INC	$367,000	–	17,603	–	0.03%	–
ENTA	New	ENANTA PHARMACEUTICALS INC	$361,000	–	3,115	–	0.03%	–
TREX	New	TREX CO INC	$369,000	–	5,902	–	0.03%	–
ICHR	New	ICHOR HOLDINGS	$369,000	–	17,395	–	0.03%	–
BCPC	New	BALCHEM CORP	$346,000	–	3,524	–	0.02%	–
SYNT	New	SYNTEL INC	$348,000	–	10,831	–	0.02%	–
KAI	New	KADANT INC	$355,000	–	3,690	–	0.02%	–
MSA	New	MSA SAFETY INC	$351,000	–	3,642	–	0.02%	–
LOPE	New	GRAND CANYON ED INC	$335,000	–	3,005	–	0.02%	–
CPSI	New	COMPUTER PROGRAMS & SYS INC	$340,000	–	10,340	–	0.02%	–
STMP	New	STAMPS INC	$337,000	–	1,330	–	0.02%	–
EME	New	EMCOR GROUP INC	$328,000	–	4,308	–	0.02%	–
ABG	New	ASBURY AUTOMOTIVE GROUP INC	$319,000	–	4,660	–	0.02%	–
MLNX	New	MELLANOX TECHNOLOGIES LTD	$326,000	–	3,866	–	0.02%	–
LSTR	New	LANDSTAR SYS INC	$326,000	–	2,985	–	0.02%	–
WGO	New	WINNEBAGO INDS INC	$325,000	–	8,011	–	0.02%	–
NMIH	New	NMI HLDGS INCcl a	$318,000	–	19,483	–	0.02%	–
MBUU	New	MALIBU BOATS INC	$315,000	–	7,521	–	0.02%	–
CALM	New	CAL MAINE FOODS INC	$315,000	–	6,875	–	0.02%	–
CHH	New	CHOICE HOTELS INTL INC	$309,000	–	4,083	–	0.02%	–
SOI	New	SOLARIS OILFIELD INFRSTR INC	$289,000	–	20,215	–	0.02%	–
SRCI	New	SRC ENERGY INC	$298,000	–	27,065	–	0.02%	–
RDN	New	RADIAN GROUP INC	$300,000	–	18,477	–	0.02%	–
BDC	New	BELDEN INC	$301,000	–	4,917	–	0.02%	–
BECN	New	BEACON ROOFING SUPPLY INC	$296,000	–	6,949	–	0.02%	–
ESNT	New	ESSENT GROUP LTD	$289,000	–	8,077	–	0.02%	–
NANO	New	NANOMETRICS INC	$303,000	–	8,556	–	0.02%	–
THO	New	THOR INDS INC	$287,000	–	2,950	–	0.02%	–
SEDG	New	SOLAREDGE TECHNOLOGIES INC	$233,000	–	4,860	–	0.02%	–
SGH	New	SMART GLOBAL HLDGS INC	$218,000	–	6,841	–	0.02%	–
CVIAQ	New	COVIA HLDGS CORP	$201,000	–	10,835	–	0.01%	–

Q4 2017

			Value		Shares		↓ Weighting
AAOI	Exit	APPLIED OPTOELECTRONICS INC	$0	–	-4,184	–	-0.02%	–
AEIS	Exit	ADVANCED ENERGY INDS	$0	–	-3,439	–	-0.02%	–
ADUS	Exit	ADDUS HOMECARE CORP	$0	–	-8,274	–	-0.02%	–
AMCX	Exit	AMC NETWORKS INCcl a	$0	–	-5,145	–	-0.02%	–
INCR	Exit	INC RESH HLDGS INCcl a	$0	–	-5,533	–	-0.02%	–
CBM	Exit	CAMBREX CORP	$0	–	-5,593	–	-0.02%	–
NTRI	Exit	NUTRI SYS INC NEW	$0	–	-5,516	–	-0.02%	–
AEL	Exit	AMERICAN EQTY INVT LIFE HLD	$0	–	-11,020	–	-0.02%	–
HEI	Exit	HEICO CORP NEWcl a	$0	–	-3,551	–	-0.02%	–
IOSP	Exit	INNOSPEC INC	$0	–	-5,273	–	-0.02%	–
ESNT	Exit	ESSENT GROUP LTD	$0	–	-8,077	–	-0.02%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-26,632	–	-0.02%	–
ORBK	Exit	ORBOTECH LTD	$0	–	-8,182	–	-0.02%	–
USCR	Exit	U S CONCRETE INC	$0	–	-4,419	–	-0.02%	–
LOPE	Exit	GRAND CANYON ED INC	$0	–	-3,751	–	-0.02%	–
KAI	Exit	KADANT INC	$0	–	-3,690	–	-0.02%	–
GDOT	Exit	GREEN DOT CORPcl a	$0	–	-7,194	–	-0.02%	–
BC	Exit	BRUNSWICK CORP	$0	–	-6,441	–	-0.02%	–
LITE	Exit	LUMENTUM HLDGS INC	$0	–	-6,800	–	-0.02%	–
KLIC	Exit	KULICKE & SOFFA INDS INC	$0	–	-18,807	–	-0.02%	–
B	Exit	BARNES GROUP INC	$0	–	-5,983	–	-0.03%	–
VC	Exit	VISTEON CORP	$0	–	-3,521	–	-0.03%	–
WD	Exit	WALKER & DUMLOP INC	$0	–	-8,749	–	-0.03%	–
ALG	Exit	ALAMO GROUP INC	$0	–	-4,609	–	-0.03%	–
SODA	Exit	SODASTREAM INTERNATIONAL LTD	$0	–	-7,699	–	-0.03%	–
WNC	Exit	WABASH NATL CORP	$0	–	-21,941	–	-0.03%	–
ENTG	Exit	ENTEGRIS INC	$0	–	-18,262	–	-0.03%	–
STMP	Exit	STAMPS INC	$0	–	-2,586	–	-0.03%	–
MASI	Exit	MASIMO CORP	$0	–	-6,306	–	-0.03%	–
FOXF	Exit	FOX FACTORY HLDG CORP	$0	–	-14,006	–	-0.04%	–
IBP	Exit	INSTALLED BLDG PRODS INC	$0	–	-10,398	–	-0.04%	–
CTRL	Exit	CONTROL4 CORP	$0	–	-25,760	–	-0.05%	–
EXTR	Exit	EXTREME NETWORKS INC	$0	–	-65,471	–	-0.05%	–
UCTT	Exit	ULTRA CLEAN HLDGS INC	$0	–	-29,316	–	-0.06%	–
CTAS	Exit	CINTAS CORP	$0	–	-10,359	–	-0.09%	–
LOGM	Exit	LOGMEIN INC	$0	–	-34,269	–	-0.23%	–
NICE	Exit	NICE LTDsponsored adr	$0	–	-52,600	–	-0.26%	–
CRTO	Exit	CRITEO S Aspons ads	$0	–	-122,200	–	-0.31%	–
MUR	Exit	MURPHY OIL CORP	$0	–	-207,409	–	-0.34%	–
HP	Exit	HELMERICH & PAYNE INC	$0	–	-122,220	–	-0.39%	–
INTC	Exit	INTEL CORP	$0	–	-181,800	–	-0.42%	–
CNP	Exit	CENTREPOINT ENERGY INC	$0	–	-257,185	–	-0.46%	–
ALXN	Exit	ALEXION PHARMACEUTICALS INC	$0	–	-56,500	–	-0.49%	–
PAYC	Exit	PAYCOM SOFTWARE INC	$0	–	-107,664	–	-0.50%	–
EVR	Exit	EVERCORE PARTNERS INCclass a	$0	–	-102,088	–	-0.50%	–
ROP	Exit	ROPER INDS INC NEW	$0	–	-35,178	–	-0.53%	–
VMW	Exit	VMWARE INC	$0	–	-81,100	–	-0.54%	–
DLX	Exit	DELUXE CORP	$0	–	-124,547	–	-0.56%	–
TEN	Exit	TENNECO INC	$0	–	-153,100	–	-0.57%	–
VNTV	Exit	VANTIV INCcl a	$0	–	-132,500	–	-0.57%	–
SNX	Exit	SYNNEX CORP	$0	–	-77,668	–	-0.60%	–
APH	Exit	AMPHENOL CORP NEWcl a	$0	–	-128,600	–	-0.67%	–
LFUS	Exit	LITTLEFUSE INC	$0	–	-56,350	–	-0.68%	–
ARW	Exit	ARROW ELECTRS INC	$0	–	-137,300	–	-0.68%	–
AMGN	Exit	AMGEN INC	$0	–	-59,205	–	-0.68%	–
MKSI	Exit	MKS INSTRUMENT INC	$0	–	-118,186	–	-0.68%	–
CMCSA	Exit	COMCAST CORP NEWcl a spl	$0	–	-294,971	–	-0.70%	–
CRUS	Exit	CIRRUS LOGIC INC	$0	–	-218,747	–	-0.72%	–
IPGP	Exit	IPG PHOTONICS CORP	$0	–	-67,800	–	-0.77%	–
AON	Exit	AON PLC	$0	–	-86,161	–	-0.77%	–
ABBV	Exit	ABBVIE INC	$0	–	-143,300	–	-0.78%	–
V	Exit	VISA INC	$0	–	-124,959	–	-0.81%	–
RTN	Exit	RAYTHEON CO	$0	–	-74,285	–	-0.85%	–
ATHM	Exit	AUTOHOME INCsp adr rp cl a	$0	–	-238,500	–	-0.88%	–
SWKS	Exit	SKYWORKS SOLUTIONS INC	$0	–	-140,800	–	-0.88%	–
TER	Exit	TERADYNE INC	$0	–	-407,564	–	-0.93%	–
LCII	Exit	LCI INDS	$0	–	-131,833	–	-0.94%	–
AOS	Exit	SMITH AO	$0	–	-265,061	–	-0.97%	–
WB	Exit	WEIBO CORPsponsored adr	$0	–	-176,500	–	-1.07%	–
GD	Exit	GENERAL DYNAMICS CORP	$0	–	-86,597	–	-1.09%	–
CI	Exit	CIGNA CORP	$0	–	-100,200	–	-1.15%	–
PPC	Exit	PILGRIMS PRIDE CORP NEW	$0	–	-704,500	–	-1.23%	–
PRAH	Exit	PRA HEALTH SCIENCES INC	$0	–	-284,180	–	-1.33%	–
BERY	Exit	BERRY PLASTICS GROUP INC	$0	–	-388,488	–	-1.35%	–
THO	Exit	THOR INDS INC	$0	–	-180,719	–	-1.40%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-291,483	–	-1.44%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-180,698	–	-1.44%	–
APO	Exit	APOLLO GLOBAL MGMT LLC	$0	–	-784,300	–	-1.45%	–
CELG	Exit	CELGEN CORP	$0	–	-165,400	–	-1.48%	–
CPRT	Exit	COPART INC	$0	–	-722,144	–	-1.52%	–
AAPL	Exit	APPLE INC	$0	–	-162,830	–	-1.54%	–
CDW	Exit	CDW CORP	$0	–	-412,111	–	-1.67%	–
DAN	Exit	DANA INCORPORATED	$0	–	-993,800	–	-1.71%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-150,516	–	-1.72%	–
AMAT	Exit	APPLIED MATLS INC	$0	–	-545,821	–	-1.74%	–
HAS	Exit	HASBRO INC	$0	–	-294,622	–	-1.77%	–
STT	Exit	STATE STR CORP	$0	–	-305,000	–	-1.79%	–
BIIB	Exit	BIOGEN IDEC INC	$0	–	-96,300	–	-1.85%	–
RGA	Exit	REINSURANCE GROUP AMER INC	$0	–	-218,279	–	-1.87%	–
AET	Exit	AETNA INC NEW	$0	–	-191,733	–	-1.87%	–
AMZN	Exit	AMAZON COM INC	$0	–	-32,369	–	-1.91%	–
EDU	Exit	NEW ORIENTAL ED & TECH GRP Ispon adr	$0	–	-356,200	–	-1.93%	–
PCLN	Exit	PRICELINE COM INC	$0	–	-17,436	–	-1.96%	–
ANET	Exit	ARISTA NETWORKS INC	$0	–	-191,435	–	-2.23%	–
LRCX	Exit	LAM RESEARCH CORP	$0	–	-204,767	–	-2.33%	–
AVGO	Exit	BROADCOM LTD	$0	–	-158,192	–	-2.36%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-40,824	–	-2.44%	–
SAFM	Exit	SANDERSON FARMS INC	$0	–	-274,146	–	-2.72%	–
NTES	Exit	NETEASE INCsponsored adr	$0	–	-170,053	–	-2.75%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-504,040	–	-2.96%	–
LEA	Exit	LEAR CORP	$0	–	-281,017	–	-2.99%	–
UNH	Exit	UNITEDHEALTH GPOUP INC	$0	–	-255,807	–	-3.08%	–
YY	Exit	YY INC	$0	–	-589,100	–	-3.14%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-302,680	–	-3.18%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$0	–	-1,659,576	–	-3.83%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-479,063	–	-5.08%	–

Q3 2017

			Value		Shares		↓ Weighting
BABA	Sell	ALIBABA GROUP HLDG LTDsponsored ads	$82,739,000	+6.1%	479,063	-13.4%	5.08%	+5.9%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$62,317,000	+4.4%	1,659,576	-2.8%	3.83%	+4.2%
FB	Sell	FACEBOOK INCcl a	$51,719,000	+9.0%	302,680	-3.7%	3.18%	+8.8%
YY	Sell	YY INC	$51,122,000	+48.3%	589,100	-0.8%	3.14%	+48.0%
UNH	Sell	UNITEDHEALTH GPOUP INC	$50,100,000	+2.5%	255,807	-3.0%	3.08%	+2.3%
LEA	Sell	LEAR CORP	$48,638,000	+18.3%	281,017	-2.9%	2.99%	+18.1%
JPM	Sell	JP MORGAN CHASE & CO	$48,141,000	+1.8%	504,040	-2.6%	2.96%	+1.5%
NTES	Sell	NETEASE INCsponsored adr	$44,862,000	-45.0%	170,053	-37.3%	2.75%	-45.1%
SAFM	Sell	SANDERSON FARMS INC	$44,280,000	+35.6%	274,146	-2.9%	2.72%	+35.3%
GOOGL	Sell	ALPHABET INCcap stk cl a	$39,751,000	-2.3%	40,824	-6.7%	2.44%	-2.5%
AVGO	Sell	BROADCOM LTD	$38,368,000	+0.9%	158,192	-3.1%	2.36%	+0.7%
LRCX	Sell	LAM RESEARCH CORP	$37,890,000	+26.7%	204,767	-3.2%	2.33%	+26.4%
ANET	Sell	ARISTA NETWORKS INC	$36,298,000	+20.9%	191,435	-4.5%	2.23%	+20.6%
PCLN	Sell	PRICELINE COM INC	$31,922,000	-5.1%	17,436	-3.1%	1.96%	-5.3%
EDU	Buy	NEW ORIENTAL ED & TECH GRP Ispon adr	$31,438,000	+35.0%	356,200	+7.8%	1.93%	+34.8%
AMZN	Sell	AMAZON COM INC	$31,118,000	-20.2%	32,369	-19.7%	1.91%	-20.4%
AET	Sell	AETNA INC NEW	$30,487,000	+1.8%	191,733	-2.8%	1.87%	+1.6%
RGA	Sell	REINSURANCE GROUP AMER INC	$30,456,000	+1.3%	218,279	-6.8%	1.87%	+1.1%
BIIB	Sell	BIOGEN IDEC INC	$30,153,000	+12.2%	96,300	-2.7%	1.85%	+12.0%
STT	New	STATE STR CORP	$29,140,000	–	305,000	–	1.79%	–
HAS	Sell	HASBRO INC	$28,776,000	-14.7%	294,622	-2.6%	1.77%	-14.8%
AMAT	Buy	APPLIED MATLS INC	$28,432,000	+27.6%	545,821	+1.2%	1.74%	+27.4%
ALGN	Sell	ALIGN TECHNOLOGY INC	$28,037,000	-5.1%	150,516	-23.5%	1.72%	-5.3%
DAN	New	DANA INCORPORATED	$27,787,000	–	993,800	–	1.71%	–
CDW	Sell	CDW CORP	$27,199,000	+2.3%	412,111	-3.1%	1.67%	+2.1%
AAPL	Buy	APPLE INC	$25,095,000	+14.2%	162,830	+6.7%	1.54%	+14.0%
CPRT	Sell	COPART INC	$24,820,000	+5.0%	722,144	-2.8%	1.52%	+4.9%
CELG	New	CELGEN CORP	$24,119,000	–	165,400	–	1.48%	–
APO	Sell	APOLLO GLOBAL MGMT LLC	$23,607,000	+9.6%	784,300	-3.6%	1.45%	+9.4%
JNJ	Sell	JOHNSON & JOHNSON	$23,493,000	-3.7%	180,698	-2.1%	1.44%	-3.9%
SNPS	Sell	SYNOPSYS INC	$23,473,000	+7.1%	291,483	-3.0%	1.44%	+6.9%
THO	Sell	THOR INDS INC	$22,754,000	+16.9%	180,719	-3.0%	1.40%	+16.7%
BERY	Sell	BERRY PLASTICS GROUP INC	$22,008,000	-3.4%	388,488	-2.8%	1.35%	-3.6%
PRAH	Sell	PRA HEALTH SCIENCES INC	$21,646,000	-1.6%	284,180	-3.1%	1.33%	-1.8%
PPC	New	PILGRIMS PRIDE CORP NEW	$20,015,000	–	704,500	–	1.23%	–
CI	New	CIGNA CORP	$18,731,000	–	100,200	–	1.15%	–
GD	Sell	GENERAL DYNAMICS CORP	$17,803,000	-4.0%	86,597	-7.5%	1.09%	-4.2%
WB	Buy	WEIBO CORPsponsored adr	$17,463,000	+214.3%	176,500	+111.1%	1.07%	+213.5%
AOS	Sell	SMITH AO	$15,753,000	+2.3%	265,061	-3.1%	0.97%	+2.0%
LCII	Sell	LCI INDS	$15,273,000	+9.7%	131,833	-3.0%	0.94%	+9.6%
TER	Sell	TERADYNE INC	$15,198,000	+19.8%	407,564	-3.5%	0.93%	+19.6%
SWKS	Sell	SKYWORKS SOLUTIONS INC	$14,348,000	+2.9%	140,800	-3.1%	0.88%	+2.7%
ATHM	Sell	AUTOHOME INCsp adr rp cl a	$14,329,000	+26.7%	238,500	-4.3%	0.88%	+26.4%
RTN	Sell	RAYTHEON CO	$13,860,000	+13.1%	74,285	-2.1%	0.85%	+12.9%
V	Sell	VISA INC	$13,151,000	+9.7%	124,959	-2.3%	0.81%	+9.3%
ABBV	New	ABBVIE INC	$12,734,000	–	143,300	–	0.78%	–
AON	Sell	AON PLC	$12,588,000	+7.4%	86,161	-2.3%	0.77%	+7.2%
IPGP	Sell	IPG PHOTONICS CORP	$12,547,000	+23.2%	67,800	-3.4%	0.77%	+22.8%
CRUS	Sell	CIRRUS LOGIC INC	$11,664,000	-42.4%	218,747	-32.2%	0.72%	-42.5%
CMCSA	Sell	COMCAST CORP NEWcl a spl	$11,350,000	-3.2%	294,971	-2.1%	0.70%	-3.3%
MKSI	Sell	MKS INSTRUMENT INC	$11,163,000	+35.6%	118,186	-3.4%	0.68%	+35.4%
ARW	Sell	ARROW ELECTRS INC	$11,040,000	-1.1%	137,300	-3.5%	0.68%	-1.2%
LFUS	Buy	LITTLEFUSE INC	$11,038,000	+23.6%	56,350	+4.2%	0.68%	+23.5%
AMGN	Sell	AMGEN INC	$11,039,000	+6.1%	59,205	-2.0%	0.68%	+5.9%
APH	Sell	AMPHENOL CORP NEWcl a	$10,885,000	+10.9%	128,600	-3.3%	0.67%	+10.6%
SNX	Sell	SYNNEX CORP	$9,826,000	+1.9%	77,668	-3.4%	0.60%	+1.7%
VNTV	Buy	VANTIV INCcl a	$9,337,000	+12.9%	132,500	+1.5%	0.57%	+12.6%
TEN	Sell	TENNECO INC	$9,289,000	+1.4%	153,100	-3.3%	0.57%	+1.2%
DLX	Sell	DELUXE CORP	$9,087,000	+1.8%	124,547	-3.4%	0.56%	+1.6%
VMW	Sell	VMWARE INC	$8,855,000	+21.2%	81,100	-3.0%	0.54%	+20.9%
ROP	Sell	ROPER INDS INC NEW	$8,562,000	+2.5%	35,178	-2.5%	0.53%	+2.3%
EVR	Sell	EVERCORE PARTNERS INCclass a	$8,193,000	+10.1%	102,088	-3.3%	0.50%	+9.8%
PAYC	Sell	PAYCOM SOFTWARE INC	$8,070,000	+5.3%	107,664	-3.9%	0.50%	+4.9%
ALXN	New	ALEXION PHARMACEUTICALS INC	$7,926,000	–	56,500	–	0.49%	–
CNP	Sell	CENTREPOINT ENERGY INC	$7,512,000	+4.6%	257,185	-1.9%	0.46%	+4.3%
INTC	Sell	INTEL CORP	$6,923,000	+9.1%	181,800	-3.3%	0.42%	+9.0%
HP	Sell	HELMERICH & PAYNE INC	$6,369,000	-6.2%	122,220	-2.2%	0.39%	-6.5%
MUR	Sell	MURPHY OIL CORP	$5,509,000	+1.2%	207,409	-2.4%	0.34%	+0.9%
CRTO	Sell	CRITEO S Aspons ads	$5,071,000	-59.6%	122,200	-52.3%	0.31%	-59.7%
LOGM	Sell	LOGMEIN INC	$3,771,000	-46.1%	34,269	-48.8%	0.23%	-46.0%
CTAS	Sell	CINTAS CORP	$1,495,000	-87.9%	10,359	-89.4%	0.09%	-87.9%
KAI	New	KADANT INC	$364,000	–	3,690	–	0.02%	–
ORBK	New	ORBOTECH LTD	$345,000	–	8,182	–	0.02%	–
USCR	New	U S CONCRETE INC	$337,000	–	4,419	–	0.02%	–
MTG	New	MGIC INVT CORP WIS	$334,000	–	26,632	–	0.02%	–
LOPE	New	GRAND CANYON ED INC	$341,000	–	3,751	–	0.02%	–
AEL	New	AMERICAN EQTY INVT LIFE HLD	$320,000	–	11,020	–	0.02%	–
ESNT	New	ESSENT GROUP LTD	$327,000	–	8,077	–	0.02%	–
NTRI	New	NUTRI SYS INC NEW	$308,000	–	5,516	–	0.02%	–
AMCX	New	AMC NETWORKS INCcl a	$301,000	–	5,145	–	0.02%	–
ENS	Exit	ENERSYS	$0	–	-2,866	–	-0.01%	–
TECD	Exit	TECH DATA CORP	$0	–	-2,222	–	-0.01%	–
AOBC	Exit	AMERICAN OUTDOOR BRANDS CORP	$0	–	-12,088	–	-0.02%	–
TSE	Exit	TRINSEO S A	$0	–	-3,867	–	-0.02%	–
DORM	Exit	DORMAN PRODUCTS INC	$0	–	-3,231	–	-0.02%	–
ASGN	Exit	ON ASSIGNMENT INC	$0	–	-5,065	–	-0.02%	–
HA	Exit	HAWAIIAN ELEC INDUSTRIES	$0	–	-6,298	–	-0.02%	–
RTEC	Exit	RUDOLPH TECHNOLOGIES INC	$0	–	-17,676	–	-0.02%	–
PLUS	Exit	EPLUS INC	$0	–	-5,950	–	-0.03%	–
BIVV	Exit	BIOVERATIV INC	$0	–	-46,850	–	-0.17%	–
HAL	Exit	HALLIBURTON CO	$0	–	-85,533	–	-0.22%	–
AXL	Exit	AMERICAN AXLE & MFG HLDGS IN	$0	–	-275,586	–	-0.26%	–
JCOM	Exit	J2 GLOBAL INC	$0	–	-61,245	–	-0.32%	–
TRV	Exit	TRAVELERS COMPANIES INC	$0	–	-43,867	–	-0.34%	–
GNTX	Exit	GENTEX CORP	$0	–	-297,675	–	-0.35%	–
CPS	Exit	COOPER STD HLDGS INC	$0	–	-66,816	–	-0.42%	–
ROST	Exit	ROSS STORES INC	$0	–	-144,815	–	-0.51%	–
TMK	Exit	TORCHMARK CORP	$0	–	-135,725	–	-0.64%	–
ALK	Exit	ALASKA AIR GROUP	$0	–	-137,154	–	-0.76%	–
ADS	Exit	ALLIANCE DATA SYSTEMS CORP	$0	–	-58,328	–	-0.92%	–
LUV	Exit	SOUTHWEST AIRLS CO	$0	–	-265,549	–	-1.02%	–
WFC	Exit	WELLS FARGO & CO NEW	$0	–	-373,423	–	-1.27%	–
CTXS	Exit	CITRIX SYS INC	$0	–	-349,209	–	-1.71%	–
HCA	Exit	HCA HOLDINGS INC	$0	–	-449,011	–	-2.41%	–

Q2 2017

			Value		Shares		↓ Weighting
NTES	New	NETEASE INCsponsored adr	$81,517,000	–	271,153	–	5.01%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$77,976,000	–	553,413	–	4.80%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$59,711,000	–	1,707,976	–	3.67%	–
UNH	New	UNITEDHEALTH GPOUP INC	$48,878,000	–	263,607	–	3.01%	–
FB	New	FACEBOOK INCcl a	$47,450,000	–	314,280	–	2.92%	–
JPM	New	JP MORGAN CHASE & CO	$47,312,000	–	517,640	–	2.91%	–
LEA	New	LEAR CORP	$41,106,000	–	289,317	–	2.53%	–
GOOGL	New	ALPHABET INCcap stk cl a	$40,696,000	–	43,774	–	2.50%	–
HCA	New	HCA HOLDINGS INC	$39,154,000	–	449,011	–	2.41%	–
AMZN	New	AMAZON COM INC	$39,009,000	–	40,299	–	2.40%	–
AVGO	New	BROADCOM LTD	$38,032,000	–	163,192	–	2.34%	–
YY	New	YY INC	$34,470,000	–	594,000	–	2.12%	–
HAS	New	HASBRO INC	$33,723,000	–	302,422	–	2.07%	–
PCLN	New	PRICELINE COM INC	$33,643,000	–	17,986	–	2.07%	–
SAFM	New	SANDERSON FARMS INC	$32,665,000	–	282,446	–	2.01%	–
RGA	New	REINSURANCE GROUP AMER INC	$30,066,000	–	234,179	–	1.85%	–
ANET	New	ARISTA NETWORKS INC	$30,023,000	–	200,435	–	1.85%	–
AET	New	AETNA INC NEW	$29,946,000	–	197,233	–	1.84%	–
LRCX	New	LAM RESEARCH CORP	$29,908,000	–	211,467	–	1.84%	–
ALGN	New	ALIGN TECHNOLOGY INC	$29,531,000	–	196,716	–	1.82%	–
CTXS	New	CITRIX SYS INC	$27,790,000	–	349,209	–	1.71%	–
BIIB	New	BIOGEN IDEC INC	$26,865,000	–	99,000	–	1.65%	–
CDW	New	CDW CORP	$26,588,000	–	425,211	–	1.64%	–
JNJ	New	JOHNSON & JOHNSON	$24,407,000	–	184,498	–	1.50%	–
CPRT	New	COPART INC	$23,628,000	–	743,244	–	1.45%	–
EDU	New	NEW ORIENTAL ED & TECH GRP Ispon adr	$23,283,000	–	330,300	–	1.43%	–
BERY	New	BERRY PLASTICS GROUP INC	$22,786,000	–	399,688	–	1.40%	–
AMAT	New	APPLIED MATLS INC	$22,275,000	–	539,221	–	1.37%	–
PRAH	New	PRA HEALTH SCIENCES INC	$21,991,000	–	293,180	–	1.35%	–
AAPL	New	APPLE INC	$21,982,000	–	152,630	–	1.35%	–
SNPS	New	SYNOPSYS INC	$21,907,000	–	300,383	–	1.35%	–
APO	New	APOLLO GLOBAL MGMT LLC	$21,530,000	–	814,000	–	1.32%	–
WFC	New	WELLS FARGO & CO NEW	$20,691,000	–	373,423	–	1.27%	–
CRUS	New	CIRRUS LOGIC INC	$20,249,000	–	322,847	–	1.25%	–
THO	New	THOR INDS INC	$19,464,000	–	186,219	–	1.20%	–
GD	New	GENERAL DYNAMICS CORP	$18,542,000	–	93,597	–	1.14%	–
LUV	New	SOUTHWEST AIRLS CO	$16,501,000	–	265,549	–	1.02%	–
AOS	New	SMITH AO	$15,404,000	–	273,461	–	0.95%	–
ADS	New	ALLIANCE DATA SYSTEMS CORP	$14,972,000	–	58,328	–	0.92%	–
SWKS	New	SKYWORKS SOLUTIONS INC	$13,942,000	–	145,300	–	0.86%	–
LCII	New	LCI INDS	$13,920,000	–	135,933	–	0.86%	–
TER	New	TERADYNE INC	$12,687,000	–	422,464	–	0.78%	–
CRTO	New	CRITEO S Aspons ads	$12,557,000	–	256,000	–	0.77%	–
CTAS	New	CINTAS CORP	$12,351,000	–	97,993	–	0.76%	–
ALK	New	ALASKA AIR GROUP	$12,311,000	–	137,154	–	0.76%	–
RTN	New	RAYTHEON CO	$12,254,000	–	75,885	–	0.75%	–
V	New	VISA INC	$11,991,000	–	127,859	–	0.74%	–
CMCSA	New	COMCAST CORP NEWcl a spl	$11,722,000	–	301,171	–	0.72%	–
AON	New	AON PLC	$11,721,000	–	88,161	–	0.72%	–
ATHM	New	AUTOHOME INCsp adr rp cl a	$11,308,000	–	249,300	–	0.70%	–
ARW	New	ARROW ELECTRS INC	$11,159,000	–	142,300	–	0.69%	–
AMGN	New	AMGEN INC	$10,404,000	–	60,405	–	0.64%	–
TMK	New	TORCHMARK CORP	$10,383,000	–	135,725	–	0.64%	–
IPGP	New	IPG PHOTONICS CORP	$10,186,000	–	70,200	–	0.63%	–
APH	New	AMPHENOL CORP NEWcl a	$9,818,000	–	133,000	–	0.60%	–
SNX	New	SYNNEX CORP	$9,641,000	–	80,368	–	0.59%	–
TEN	New	TENNECO INC	$9,160,000	–	158,400	–	0.56%	–
LFUS	New	LITTLEFUSE INC	$8,927,000	–	54,100	–	0.55%	–
DLX	New	DELUXE CORP	$8,926,000	–	128,947	–	0.55%	–
ROP	New	ROPER INDS INC NEW	$8,353,000	–	36,078	–	0.51%	–
ROST	New	ROSS STORES INC	$8,360,000	–	144,815	–	0.51%	–
VNTV	New	VANTIV INCcl a	$8,272,000	–	130,600	–	0.51%	–
MKSI	New	MKS INSTRUMENT INC	$8,230,000	–	122,286	–	0.51%	–
PAYC	New	PAYCOM SOFTWARE INC	$7,666,000	–	112,064	–	0.47%	–
EVR	New	EVERCORE PARTNERS INCclass a	$7,444,000	–	105,588	–	0.46%	–
VMW	New	VMWARE INC	$7,309,000	–	83,600	–	0.45%	–
CNP	New	CENTREPOINT ENERGY INC	$7,179,000	–	262,185	–	0.44%	–
LOGM	New	LOGMEIN INC	$6,997,000	–	66,958	–	0.43%	–
HP	New	HELMERICH & PAYNE INC	$6,788,000	–	124,920	–	0.42%	–
CPS	New	COOPER STD HLDGS INC	$6,740,000	–	66,816	–	0.42%	–
INTC	New	INTEL CORP	$6,343,000	–	188,000	–	0.39%	–
GNTX	New	GENTEX CORP	$5,647,000	–	297,675	–	0.35%	–
WB	New	WEIBO CORPsponsored adr	$5,557,000	–	83,600	–	0.34%	–
TRV	New	TRAVELERS COMPANIES INC	$5,550,000	–	43,867	–	0.34%	–
MUR	New	MURPHY OIL CORP	$5,444,000	–	212,409	–	0.34%	–
JCOM	New	J2 GLOBAL INC	$5,211,000	–	61,245	–	0.32%	–
AXL	New	AMERICAN AXLE & MFG HLDGS IN	$4,299,000	–	275,586	–	0.26%	–
NICE	New	NICE LTDsponsored adr	$4,141,000	–	52,600	–	0.26%	–
HAL	New	HALLIBURTON CO	$3,653,000	–	85,533	–	0.22%	–
BIVV	New	BIOVERATIV INC	$2,819,000	–	46,850	–	0.17%	–
EXTR	New	EXTREME NETWORKS INC	$604,000	–	65,471	–	0.04%	–
MASI	New	MASIMO CORP	$575,000	–	6,306	–	0.04%	–
UCTT	New	ULTRA CLEAN HLDGS INC	$550,000	–	29,316	–	0.03%	–
IBP	New	INSTALLED BLDG PRODS INC	$551,000	–	10,398	–	0.03%	–
CTRL	New	CONTROL4 CORP	$505,000	–	25,760	–	0.03%	–
FOXF	New	FOX FACTORY HLDG CORP	$499,000	–	14,006	–	0.03%	–
WNC	New	WABASH NATL CORP	$482,000	–	21,941	–	0.03%	–
PLUS	New	EPLUS INC	$441,000	–	5,950	–	0.03%	–
WD	New	WALKER & DUMLOP INC	$427,000	–	8,749	–	0.03%	–
ALG	New	ALAMO GROUP INC	$419,000	–	4,609	–	0.03%	–
SODA	New	SODASTREAM INTERNATIONAL LTD	$412,000	–	7,699	–	0.02%	–
RTEC	New	RUDOLPH TECHNOLOGIES INC	$404,000	–	17,676	–	0.02%	–
STMP	New	STAMPS INC	$401,000	–	2,586	–	0.02%	–
ENTG	New	ENTEGRIS INC	$401,000	–	18,262	–	0.02%	–
BC	New	BRUNSWICK CORP	$404,000	–	6,441	–	0.02%	–
LITE	New	LUMENTUM HLDGS INC	$388,000	–	6,800	–	0.02%	–
KLIC	New	KULICKE & SOFFA INDS INC	$358,000	–	18,807	–	0.02%	–
B	New	BARNES GROUP INC	$350,000	–	5,983	–	0.02%	–
VC	New	VISTEON CORP	$359,000	–	3,521	–	0.02%	–
CBM	New	CAMBREX CORP	$334,000	–	5,593	–	0.02%	–
IOSP	New	INNOSPEC INC	$346,000	–	5,273	–	0.02%	–
INCR	New	INC RESH HLDGS INCcl a	$324,000	–	5,533	–	0.02%	–
ADUS	New	ADDUS HOMECARE CORP	$308,000	–	8,274	–	0.02%	–
HA	New	HAWAIIAN ELEC INDUSTRIES	$296,000	–	6,298	–	0.02%	–
GDOT	New	GREEN DOT CORPcl a	$277,000	–	7,194	–	0.02%	–
ASGN	New	ON ASSIGNMENT INC	$274,000	–	5,065	–	0.02%	–
AOBC	New	AMERICAN OUTDOOR BRANDS CORP	$268,000	–	12,088	–	0.02%	–
AAOI	New	APPLIED OPTOELECTRONICS INC	$259,000	–	4,184	–	0.02%	–
HEI	New	HEICO CORP NEWcl a	$255,000	–	3,551	–	0.02%	–
TSE	New	TRINSEO S A	$266,000	–	3,867	–	0.02%	–
DORM	New	DORMAN PRODUCTS INC	$267,000	–	3,231	–	0.02%	–
AEIS	New	ADVANCED ENERGY INDS	$222,000	–	3,439	–	0.01%	–
TECD	New	TECH DATA CORP	$224,000	–	2,222	–	0.01%	–
ENS	New	ENERSYS	$208,000	–	2,866	–	0.01%	–

Q4 2016

			Value		Shares		↓ Weighting
KEYW	Exit	KEYW HLDG CORP	$0	–	-19,188	–	-0.01%	–
KCG	Exit	KCG HLDGS INCcl a	$0	–	-13,319	–	-0.01%	–
DORM	Exit	DORMAN PRODUCTS INC	$0	–	-3,231	–	-0.01%	–
THRM	Exit	GENTHERM INC	$0	–	-6,854	–	-0.01%	–
ANIP	Exit	ANI PHARMACEUTICAL INC	$0	–	-3,203	–	-0.01%	–
WD	Exit	WALKER & DUMLOP INC	$0	–	-8,749	–	-0.01%	–
TSE	Exit	TRINSEO S A	$0	–	-3,867	–	-0.01%	–
UEIC	Exit	UNIVERSAL ELECTRS INC	$0	–	-3,075	–	-0.02%	–
CTB	Exit	COOPER TIRE & RUBR CO	$0	–	-6,196	–	-0.02%	–
OME	Exit	OMEGA PROTEIN CORP	$0	–	-11,062	–	-0.02%	–
INCR	Exit	INC RESH HLDGS INCcl a	$0	–	-5,533	–	-0.02%	–
GNTX	Exit	GENTEX CORP	$0	–	-15,675	–	-0.02%	–
EEFT	Exit	EURONET WORLDWIDE INC	$0	–	-3,372	–	-0.02%	–
LITE	Exit	LUMENTUM HLDGS INC	$0	–	-6,800	–	-0.02%	–
PLUS	Exit	EPLUS INC	$0	–	-2,975	–	-0.02%	–
ALG	Exit	ALAMO GROUP INC	$0	–	-4,609	–	-0.02%	–
ENSG	Exit	ENSIGN GROUP INC	$0	–	-14,700	–	-0.02%	–
BSFT	Exit	BROADSOFT INC	$0	–	-6,551	–	-0.02%	–
GIMO	Exit	GIGAMON INC	$0	–	-5,348	–	-0.02%	–
HA	Exit	HAWAIIAN ELEC INDUSTRIES	$0	–	-6,298	–	-0.02%	–
SNCR	Exit	SYNCHRONOSS TECHNOLOGIES INC	$0	–	-7,328	–	-0.02%	–
NLS	Exit	NAUTLUS INC	$0	–	-13,917	–	-0.02%	–
USNA	Exit	USANA HEALTH SCINCES INC	$0	–	-2,289	–	-0.02%	–
IOSP	Exit	INNOSPEC INC	$0	–	-5,273	–	-0.02%	–
ENTG	Exit	ENTEGRIS INC	$0	–	-18,262	–	-0.02%	–
CATM	Exit	CARDTRONICS PLC	$0	–	-7,081	–	-0.02%	–
BRCD	Exit	BROCADE COMMUNICATIONS SYS I	$0	–	-33,344	–	-0.02%	–
FCFS	Exit	FIRSTCASH INC	$0	–	-6,532	–	-0.02%	–
CAVM	Exit	CAVIUM INC	$0	–	-5,466	–	-0.02%	–
JBL	Exit	JABIL CIRCUIT INC	$0	–	-14,500	–	-0.02%	–
WNC	Exit	WABASH NATL CORP	$0	–	-21,941	–	-0.02%	–
FOXF	Exit	FOX FACTORY HLDG CORP	$0	–	-14,006	–	-0.02%	–
IDCC	Exit	INTERDIGITAL INC	$0	–	-3,988	–	-0.02%	–
JLL	Exit	JONES LANG LASALLE INC	$0	–	-2,716	–	-0.02%	–
RTEC	Exit	RUDOLPH TECHNOLOGIES INC	$0	–	-17,676	–	-0.02%	–
PRAH	Exit	PRA HEALTH SCIENCES INC	$0	–	-5,780	–	-0.02%	–
RGR	Exit	STURM RUGER & CO INC	$0	–	-5,600	–	-0.02%	–
ON	Exit	ON SEMICONDUCTOR CORP	$0	–	-26,344	–	-0.02%	–
AMBA	Exit	AMBARELLA INC	$0	–	-4,678	–	-0.02%	–
IRBT	Exit	IROBOT CORP	$0	–	-7,898	–	-0.02%	–
TEN	Exit	TENNECO INC	$0	–	-5,900	–	-0.02%	–
IPHI	Exit	INPHI CORP	$0	–	-8,116	–	-0.02%	–
MASI	Exit	MASIMO CORP	$0	–	-6,306	–	-0.02%	–
IBP	Exit	INSTALLED BLDG PRODS INC	$0	–	-10,398	–	-0.02%	–
ORBK	Exit	ORBOTECH LTD	$0	–	-12,846	–	-0.02%	–
SYNA	Exit	SYNAPTICS INC	$0	–	-6,590	–	-0.02%	–
CBPO	Exit	CHINA BIOLOGIC PRODS INC	$0	–	-3,100	–	-0.02%	–
CBRE	Exit	CBRE GROUP INCcl a	$0	–	-14,500	–	-0.03%	–
EPAM	Exit	EPAM SYS INC	$0	–	-6,326	–	-0.03%	–
JCOM	Exit	J2 GLOBAL INC	$0	–	-7,445	–	-0.03%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIOcl a	$0	–	-10,565	–	-0.03%	–
RE	Exit	EVEREST RE GROUP LTD	$0	–	-2,940	–	-0.04%	–
VLO	Exit	VALERO ENERGY CORP NEW	$0	–	-12,240	–	-0.04%	–
SNX	Exit	SYNNEX CORP	$0	–	-7,301	–	-0.05%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-11,223	–	-0.06%	–
CI	Exit	CIGNA CORP	$0	–	-6,863	–	-0.06%	–
CAH	Exit	CARDINAL HEALTH INC	$0	–	-13,900	–	-0.07%	–
SNA	Exit	SNAP ON INC	$0	–	-7,391	–	-0.07%	–
HELE	Exit	HELEN OF TROY CORP LTD	$0	–	-17,440	–	-0.10%	–
FTV	Exit	FORTIVE CORP	$0	–	-36,778	–	-0.12%	–
CRTO	Exit	CRITEO S Aspons ads	$0	–	-87,000	–	-0.19%	–
NICE	Exit	NICE LTDsponsored adr	$0	–	-53,000	–	-0.23%	–
HAL	Exit	HALLIBURTON CO	$0	–	-85,533	–	-0.24%	–
DIS	Exit	DISNEY WALT CO	$0	–	-44,319	–	-0.26%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-97,433	–	-0.33%	–
CNP	Exit	CENTREPOINT ENERGY INC	$0	–	-230,200	–	-0.34%	–
PAYC	Exit	PAYCOM SOFTWARE INC	$0	–	-109,800	–	-0.35%	–
MUR	Exit	MURPHY OIL CORP	$0	–	-182,000	–	-0.35%	–
CHT	Exit	CHUNGHWA TELECOM CO LTDspon adr new11	$0	–	-160,000	–	-0.36%	–
KAR	Exit	KAR AUCTION SVCS INC	$0	–	-134,800	–	-0.37%	–
MKSI	Exit	MKS INSTRUMENT INC	$0	–	-120,700	–	-0.38%	–
STMP	Exit	STAMPS INC	$0	–	-67,859	–	-0.41%	–
CPS	Exit	COOPER STD HLDGS INC	$0	–	-67,686	–	-0.42%	–
NTGR	Exit	NETGEAR INC	$0	–	-113,933	–	-0.44%	–
CACC	Exit	CREDIT ACCEP CORP MICH	$0	–	-34,702	–	-0.44%	–
FN	Exit	FABRINET	$0	–	-157,029	–	-0.44%	–
ANET	Exit	ARISTA NETWORKS INC	$0	–	-84,150	–	-0.46%	–
HP	Exit	HELMERICH & PAYNE INC	$0	–	-107,908	–	-0.46%	–
ASGN	Exit	ON ASSIGNMENT INC	$0	–	-201,508	–	-0.46%	–
UTHR	Exit	UNITED THERAPEUTICS CORP	$0	–	-62,601	–	-0.47%	–
PFE	Exit	PFIZER INC	$0	–	-223,000	–	-0.48%	–
NOAH	Exit	NOAH HLDGS LTDsponsored ads	$0	–	-292,300	–	-0.48%	–
WOOF	Exit	VCA INC	$0	–	-110,840	–	-0.49%	–
ARW	Exit	ARROW ELECTRS INC	$0	–	-131,700	–	-0.54%	–
AZZ	Exit	AZZ INC	$0	–	-130,375	–	-0.54%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE INC	$0	–	-31,961	–	-0.55%	–
TSN	Exit	TYSON FOODS INCcl a	$0	–	-115,364	–	-0.55%	–
TER	Exit	TERADYNE INC	$0	–	-400,664	–	-0.55%	–
V	Exit	VISA INC	$0	–	-109,462	–	-0.58%	–
AMN	Exit	AMN HEALTHCARE SERVICES INC	$0	–	-291,073	–	-0.59%	–
AFSI	Exit	AMTRUST FINANCIAL SERVICES I	$0	–	-348,814	–	-0.60%	–
AOS	Exit	SMITH AO	$0	–	-95,476	–	-0.60%	–
DLX	Exit	DELUXE CORP	$0	–	-142,045	–	-0.60%	–
HOLI	Exit	HOLLSYS AUTOMATION TECHNOLO	$0	–	-436,111	–	-0.62%	–
BERY	Exit	BERRY PLASTICS GROUP INC	$0	–	-220,800	–	-0.62%	–
IFF	Exit	INTERNATIONAL FLAVORS & FRANGRA	$0	–	-69,104	–	-0.63%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-174,200	–	-0.66%	–
MLNX	Exit	MELLANOX TECHNOLOGIES LTD	$0	–	-247,200	–	-0.68%	–
TMK	Exit	TORCHMARK CORP	$0	–	-168,160	–	-0.68%	–
PRXL	Exit	PAREXEL INTL CORP	$0	–	-159,500	–	-0.70%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-118,260	–	-0.70%	–
SWHC	Exit	SMITH & WESSON HLDG CORP	$0	–	-423,488	–	-0.72%	–
CTAS	Exit	CINTAS CORP	$0	–	-102,725	–	-0.74%	–
SAFM	Exit	SANDERSON FARMS INC	$0	–	-124,480	–	-0.76%	–
AAPL	Exit	APPLE INC	$0	–	-109,843	–	-0.79%	–
RTN	Exit	RAYTHEON CO	$0	–	-94,024	–	-0.81%	–
CRUS	Exit	CIRRUS LOGIC INC	$0	–	-243,130	–	-0.82%	–
CNC	Exit	CENTENE CORP DEL	$0	–	-194,800	–	-0.83%	–
TTM	Exit	TATA MTRS LTDsponsored adr	$0	–	-326,400	–	-0.83%	–
ROST	Exit	ROSS STORES INC	$0	–	-206,056	–	-0.84%	–
DW	Exit	DREW INDS INC	$0	–	-136,091	–	-0.85%	–
WFC	Exit	WELLS FARGO & CO NEW	$0	–	-303,601	–	-0.86%	–
UBNT	Exit	UBIQUITI NETWORKS INC	$0	–	-252,499	–	-0.86%	–
ADS	Exit	ALLIANCE DATA SYSTEMS CORP	$0	–	-63,228	–	-0.86%	–
ICLR	Exit	ICON PLC	$0	–	-176,052	–	-0.87%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-207,618	–	-0.88%	–
CDW	Exit	CDW CORP	$0	–	-303,991	–	-0.88%	–
UHS	Exit	UNIVERSAL HLTH SVCS INCcl b	$0	–	-113,814	–	-0.89%	–
RGA	Exit	REINSURANCE GROUP AMER INC	$0	–	-132,750	–	-0.91%	–
CMCSA	Exit	COMCAST CORP NEWcl a spl	$0	–	-246,175	–	-1.04%	–
AMAT	Exit	APPLIED MATLS INC	$0	–	-545,000	–	-1.04%	–
SBGI	Exit	SINCLAIR BROADCAST GROUP INCcl a	$0	–	-587,892	–	-1.08%	–
HAS	Exit	HASBRO INC	$0	–	-225,800	–	-1.14%	–
AYI	Exit	ACUITY BRANDS INC	$0	–	-68,710	–	-1.16%	–
DHR	Exit	DANAHER CORP DEL	$0	–	-237,227	–	-1.18%	–
THO	Exit	THOR INDS INC	$0	–	-236,450	–	-1.27%	–
FL	Exit	FOOT LOCKER INC	$0	–	-325,697	–	-1.40%	–
AON	Exit	AON PLC	$0	–	-209,470	–	-1.50%	–
AMGN	Exit	AMGEN INC	$0	–	-147,400	–	-1.56%	–
HCA	Exit	HCA HOLDINGS INC	$0	–	-325,297	–	-1.56%	–
PCLN	Exit	PRICELINE COM INC	$0	–	-16,985	–	-1.59%	–
AET	Exit	AETNA INC NEW	$0	–	-227,134	–	-1.67%	–
TRV	Exit	TRAVELERS COMPANIES INC	$0	–	-231,571	–	-1.69%	–
AFL	Exit	AFLAC INC	$0	–	-389,600	–	-1.78%	–
BIIB	Exit	BIOGEN IDEC INC	$0	–	-91,550	–	-1.82%	–
LKQ	Exit	LKQ CORP	$0	–	-809,100	–	-1.82%	–
EDU	Exit	NEW ORIENTAL ED & TECH GRP Ispon adr	$0	–	-627,100	–	-1.85%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-108,510	–	-2.00%	–
CTXS	Exit	CITRIX SYS INC	$0	–	-378,200	–	-2.05%	–
SIMO	Exit	SILICON MOTION TECHNOLOGY COsponsored adr	$0	–	-641,700	–	-2.11%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-42,285	–	-2.16%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-328,700	–	-2.21%	–
GD	Exit	GENERAL DYNAMICS CORP	$0	–	-224,931	–	-2.22%	–
LEA	Exit	LEAR CORP	$0	–	-290,021	–	-2.24%	–
AVGO	Exit	BROADCOM LTD	$0	–	-204,409	–	-2.24%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-305,266	–	-2.29%	–
UNH	Exit	UNITEDHEALTH GPOUP INC	$0	–	-258,950	–	-2.30%	–
AMZN	Exit	AMAZON COM INC	$0	–	-50,892	–	-2.71%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-360,540	–	-2.94%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$0	–	-2,102,580	–	-4.09%	–
NTES	Exit	NETEASE INCsponsored adr	$0	–	-380,574	–	-5.83%	–

Q3 2016

			Value		Shares		↓ Weighting
NTES	Sell	NETEASE INCsponsored adr	$91,635,000	+0.6%	380,574	-19.3%	5.83%	-4.2%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$64,318,000	+12.0%	2,102,580	-4.0%	4.09%	+6.6%
FB	Buy	FACEBOOK INCcl a	$46,246,000	+21.1%	360,540	+7.9%	2.94%	+15.3%
AMZN	Buy	AMAZON COM INC	$42,612,000	+30.0%	50,892	+11.1%	2.71%	+23.8%
UNH	Sell	UNITEDHEALTH GPOUP INC	$36,253,000	-2.0%	258,950	-1.1%	2.30%	-6.7%
JNJ	Buy	JOHNSON & JOHNSON	$36,061,000	+2.1%	305,266	+4.8%	2.29%	-2.8%
AVGO	Sell	BROADCOM LTD	$35,265,000	+9.8%	204,409	-1.1%	2.24%	+4.5%
LEA	Sell	LEAR CORP	$35,156,000	+17.7%	290,021	-1.2%	2.24%	+12.1%
BABA	Buy	ALIBABA GROUP HLDG LTDsponsored ads	$34,773,000	+234.5%	328,700	+151.5%	2.21%	+218.6%
GOOGL	Buy	ALPHABET INCcap stk cl a	$34,000,000	+26.6%	42,285	+10.8%	2.16%	+20.6%
SIMO	Buy	SILICON MOTION TECHNOLOGY COsponsored adr	$33,234,000	+61.0%	641,700	+48.6%	2.11%	+53.3%
TDG	Buy	TRANSDIGM GROUP INC	$31,372,000	+28.7%	108,510	+17.4%	2.00%	+22.5%
EDU	Sell	NEW ORIENTAL ED & TECH GRP Ispon adr	$29,072,000	-15.6%	627,100	-23.7%	1.85%	-19.6%
LKQ	Buy	LKQ CORP	$28,691,000	+64.2%	809,100	+46.8%	1.82%	+56.4%
BIIB	New	BIOGEN IDEC INC	$28,658,000	–	91,550	–	1.82%	–
AFL	Sell	AFLAC INC	$28,001,000	-1.8%	389,600	-1.4%	1.78%	-6.5%
PCLN	Buy	PRICELINE COM INC	$24,993,000	+25.2%	16,985	+6.3%	1.59%	+19.3%
AMGN	New	AMGEN INC	$24,588,000	–	147,400	–	1.56%	–
THO	Buy	THOR INDS INC	$20,027,000	+71.5%	236,450	+31.1%	1.27%	+63.2%
AYI	Buy	ACUITY BRANDS INC	$18,181,000	+23.2%	68,710	+15.5%	1.16%	+17.4%
SBGI	Sell	SINCLAIR BROADCAST GROUP INCcl a	$16,978,000	-4.5%	587,892	-1.2%	1.08%	-9.1%
RGA	New	REINSURANCE GROUP AMER INC	$14,329,000	–	132,750	–	0.91%	–
JPM	Buy	JP MORGAN CHASE & CO	$13,825,000	+14.5%	207,618	+6.9%	0.88%	+9.1%
WFC	Sell	WELLS FARGO & CO NEW	$13,443,000	-10.6%	303,601	-4.4%	0.86%	-14.8%
ROST	Sell	ROSS STORES INC	$13,249,000	+6.7%	206,056	-5.9%	0.84%	+1.6%
TTM	New	TATA MTRS LTDsponsored adr	$13,049,000	–	326,400	–	0.83%	–
CNC	Sell	CENTENE CORP DEL	$13,044,000	-9.4%	194,800	-3.5%	0.83%	-13.8%
SAFM	New	SANDERSON FARMS INC	$11,991,000	–	124,480	–	0.76%	–
SWHC	Buy	SMITH & WESSON HLDG CORP	$11,261,000	+52.1%	423,488	+55.5%	0.72%	+44.9%
ALGN	New	ALIGN TECHNOLOGY INC	$11,087,000	–	118,260	–	0.70%	–
MLNX	Sell	MELLANOX TECHNOLOGIES LTD	$10,691,000	-11.9%	247,200	-2.3%	0.68%	-16.0%
SNPS	Buy	SYNOPSYS INC	$10,339,000	+102.3%	174,200	+84.3%	0.66%	+92.7%
BERY	New	BERRY PLASTICS GROUP INC	$9,682,000	–	220,800	–	0.62%	–
HOLI	Buy	HOLLSYS AUTOMATION TECHNOLO	$9,669,000	+29.8%	436,111	+1.7%	0.62%	+23.7%
AFSI	Sell	AMTRUST FINANCIAL SERVICES I	$9,359,000	+6.9%	348,814	-2.3%	0.60%	+1.9%
AMN	Buy	AMN HEALTHCARE SERVICES INC	$9,276,000	+68.4%	291,073	+111.3%	0.59%	+60.3%
WOOF	Sell	VCA INC	$7,757,000	-1.1%	110,840	-4.5%	0.49%	-5.9%
NOAH	Buy	NOAH HLDGS LTDsponsored ads	$7,632,000	+9.9%	292,300	+1.5%	0.48%	+4.5%
PFE	New	PFIZER INC	$7,553,000	–	223,000	–	0.48%	–
UTHR	Sell	UNITED THERAPEUTICS CORP	$7,392,000	+5.4%	62,601	-5.4%	0.47%	+0.4%
ANET	Buy	ARISTA NETWORKS INC	$7,159,000	+69.4%	84,150	+28.2%	0.46%	+61.3%
FN	Buy	FABRINET	$7,002,000	+1612.0%	157,029	+1323.8%	0.44%	+1548.1%
CACC	Sell	CREDIT ACCEP CORP MICH	$6,978,000	+2.7%	34,702	-5.4%	0.44%	-2.2%
NTGR	New	NETGEAR INC	$6,892,000	–	113,933	–	0.44%	–
CPS	Buy	COOPER STD HLDGS INC	$6,687,000	+2305.4%	67,686	+1825.1%	0.42%	+2136.8%
MKSI	New	MKS INSTRUMENT INC	$6,002,000	–	120,700	–	0.38%	–
CHT	Buy	CHUNGHWA TELECOM CO LTDspon adr new11	$5,605,000	+196.9%	160,000	+207.7%	0.36%	+182.5%
MUR	New	MURPHY OIL CORP	$5,533,000	–	182,000	–	0.35%	–
PAYC	New	PAYCOM SOFTWARE INC	$5,504,000	–	109,800	–	0.35%	–
CNP	Sell	CENTREPOINT ENERGY INC	$5,348,000	-7.4%	230,200	-4.4%	0.34%	-11.9%
BMY	Sell	BRISTOL MYERS SQUIBB CO	$5,254,000	-61.3%	97,433	-47.2%	0.33%	-63.1%
DIS	Sell	DISNEY WALT CO	$4,115,000	-47.2%	44,319	-44.3%	0.26%	-49.6%
NICE	New	NICE LTDsponsored adr	$3,548,000	–	53,000	–	0.23%	–
FTV	New	FORTIVE CORP	$1,872,000	–	36,778	–	0.12%	–
HELE	Sell	HELEN OF TROY CORP LTD	$1,503,000	-86.4%	17,440	-83.8%	0.10%	-87.0%
SNA	Sell	SNAP ON INC	$1,123,000	-96.8%	7,391	-96.7%	0.07%	-97.0%
CAH	Sell	CARDINAL HEALTH INC	$1,080,000	-94.7%	13,900	-94.7%	0.07%	-95.0%
CI	Sell	CIGNA CORP	$894,000	-96.3%	6,863	-96.3%	0.06%	-96.5%
GILD	Sell	GILEAD SCIENCES INC	$888,000	-94.5%	11,223	-94.2%	0.06%	-94.8%
VLO	Sell	VALERO ENERGY CORP NEW	$649,000	-91.6%	12,240	-91.9%	0.04%	-92.1%
CTSH	Sell	COGNIZANT TECHNOLOGY SOLUTIOcl a	$504,000	-98.9%	10,565	-98.7%	0.03%	-99.0%
JCOM	Sell	J2 GLOBAL INC	$496,000	-90.8%	7,445	-91.3%	0.03%	-91.2%
EPAM	Sell	EPAM SYS INC	$438,000	-94.9%	6,326	-95.2%	0.03%	-95.1%
CBRE	Sell	CBRE GROUP INCcl a	$406,000	-96.5%	14,500	-96.7%	0.03%	-96.7%
TEN	New	TENNECO INC	$344,000	–	5,900	–	0.02%	–
AMBA	New	AMBARELLA INC	$344,000	–	4,678	–	0.02%	–
ON	New	ON SEMICONDUCTOR CORP	$325,000	–	26,344	–	0.02%	–
RGR	Sell	STURM RUGER & CO INC	$323,000	-95.7%	5,600	-95.2%	0.02%	-95.8%
CAVM	New	CAVIUM INC	$318,000	–	5,466	–	0.02%	–
ENTG	New	ENTEGRIS INC	$318,000	–	18,262	–	0.02%	–
WNC	New	WABASH NATL CORP	$312,000	–	21,941	–	0.02%	–
RTEC	New	RUDOLPH TECHNOLOGIES INC	$314,000	–	17,676	–	0.02%	–
IDCC	New	INTERDIGITAL INC	$316,000	–	3,988	–	0.02%	–
IOSP	New	INNOSPEC INC	$321,000	–	5,273	–	0.02%	–
USNA	New	USANA HEALTH SCINCES INC	$317,000	–	2,289	–	0.02%	–
FCFS	New	FIRSTCASH INC	$308,000	–	6,532	–	0.02%	–
GIMO	New	GIGAMON INC	$293,000	–	5,348	–	0.02%	–
SNCR	New	SYNCHRONOSS TECHNOLOGIES INC	$302,000	–	7,328	–	0.02%	–
HA	New	HAWAIIAN ELEC INDUSTRIES	$306,000	–	6,298	–	0.02%	–
ENSG	Sell	ENSIGN GROUP INC	$296,000	-95.1%	14,700	-94.9%	0.02%	-95.3%
LITE	New	LUMENTUM HLDGS INC	$284,000	–	6,800	–	0.02%	–
CTB	New	COOPER TIRE & RUBR CO	$236,000	–	6,196	–	0.02%	–
WD	New	WALKER & DUMLOP INC	$221,000	–	8,749	–	0.01%	–
ANIP	New	ANI PHARMACEUTICAL INC	$213,000	–	3,203	–	0.01%	–
TSE	New	TRINSEO S A	$219,000	–	3,867	–	0.01%	–
THRM	Sell	GENTHERM INC	$215,000	-95.9%	6,854	-95.5%	0.01%	-96.0%
KEYW	New	KEYW HLDG CORP	$212,000	–	19,188	–	0.01%	–
KCG	New	KCG HLDGS INCcl a	$207,000	–	13,319	–	0.01%	–
DORM	New	DORMAN PRODUCTS INC	$206,000	–	3,231	–	0.01%	–
SFL	Exit	SHIP FINANCE INTERNATIONAL L	$0	–	-15,043	–	-0.02%	–
SYKE	Exit	SYKES ENTERPRISES INC	$0	–	-8,235	–	-0.02%	–
FIX	Exit	COMFORT SYS USA INC	$0	–	-8,247	–	-0.02%	–
JKHY	Exit	HENRY JACK & ASSOC INC	$0	–	-3,298	–	-0.02%	–
PBH	Exit	PRESTIGE BRANDS HLDGS INC	$0	–	-5,397	–	-0.02%	–
CSGS	Exit	CSG SYS INTL INC	$0	–	-7,330	–	-0.02%	–
CSH	Exit	CASH AMER INTL INC	$0	–	-7,777	–	-0.02%	–
SCAI	Exit	SURGICAL CARE AFFILIATES INC	$0	–	-7,053	–	-0.02%	–
WLK	Exit	WETLAKE CHEM CORP	$0	–	-52,926	–	-0.15%	–
ALGT	Exit	ALLEGIANT TRAVEL CO	$0	–	-22,595	–	-0.23%	–
CHKP	Exit	CHECK POINT SOFTWARE TECH LTord	$0	–	-53,876	–	-0.29%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-82,194	–	-0.41%	–
LUV	Exit	SOUTHWEST AIRLS CO	$0	–	-165,729	–	-0.43%	–
INFY	Exit	INFOSYS LTDsponsored adr	$0	–	-838,300	–	-1.00%	–

Q2 2016

			Value		Shares		↓ Weighting
NTES	New	NETEASE INCsponsored adr	$91,108,000	–	471,524	–	6.08%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$57,433,000	–	2,189,580	–	3.84%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$47,699,000	–	833,322	–	3.18%	–
FB	New	FACEBOOK INCcl a	$38,174,000	–	334,040	–	2.55%	–
UNH	New	UNITEDHEALTH GPOUP INC	$36,987,000	–	261,950	–	2.47%	–
SNA	New	SNAP ON INC	$35,555,000	–	225,287	–	2.37%	–
JNJ	New	JOHNSON & JOHNSON	$35,331,000	–	291,266	–	2.36%	–
EDU	New	NEW ORIENTAL ED & TECH GRP Ispon adr	$34,434,000	–	822,200	–	2.30%	–
AMZN	New	AMAZON COM INC	$32,770,000	–	45,792	–	2.19%	–
AVGO	New	BROADCOM LTD	$32,123,000	–	206,709	–	2.14%	–
GD	New	GENERAL DYNAMICS CORP	$31,319,000	–	224,931	–	2.09%	–
CTXS	New	CITRIX SYS INC	$30,290,000	–	378,200	–	2.02%	–
LEA	New	LEAR CORP	$29,869,000	–	293,521	–	1.99%	–
AFL	New	AFLAC INC	$28,510,000	–	395,100	–	1.90%	–
AET	New	AETNA INC NEW	$27,740,000	–	227,134	–	1.85%	–
TRV	New	TRAVELERS COMPANIES INC	$27,566,000	–	231,571	–	1.84%	–
GOOGL	New	ALPHABET INCcap stk cl a	$26,847,000	–	38,160	–	1.79%	–
HCA	New	HCA HOLDINGS INC	$25,051,000	–	325,297	–	1.67%	–
TDG	New	TRANSDIGM GROUP INC	$24,381,000	–	92,460	–	1.63%	–
CI	New	CIGNA CORP	$24,053,000	–	187,932	–	1.61%	–
DHR	New	DANAHER CORP DEL	$23,960,000	–	237,227	–	1.60%	–
AON	New	AON PLC	$22,880,000	–	209,470	–	1.53%	–
SIMO	New	SILICON MOTION TECHNOLOGY COsponsored adr	$20,640,000	–	431,800	–	1.38%	–
CAH	New	CARDINAL HEALTH INC	$20,539,000	–	263,281	–	1.37%	–
PCLN	New	PRICELINE COM INC	$19,956,000	–	15,985	–	1.33%	–
HAS	New	HASBRO INC	$18,965,000	–	225,800	–	1.27%	–
FL	New	FOOT LOCKER INC	$17,868,000	–	325,697	–	1.19%	–
SBGI	New	SINCLAIR BROADCAST GROUP INCcl a	$17,775,000	–	595,274	–	1.19%	–
LKQ	New	LKQ CORP	$17,470,000	–	551,100	–	1.17%	–
GILD	New	GILEAD SCIENCES INC	$16,074,000	–	192,686	–	1.07%	–
CMCSA	New	COMCAST CORP NEWcl a	$16,048,000	–	246,175	–	1.07%	–
UHS	New	UNIVERSAL HLTH SVCS INCcl b	$15,262,000	–	113,814	–	1.02%	–
WFC	New	WELLS FARGO & CO NEW	$15,036,000	–	317,692	–	1.00%	–
INFY	New	INFOSYS LTDsponsored adr	$14,964,000	–	838,300	–	1.00%	–
AYI	New	ACUITY BRANDS INC	$14,756,000	–	59,510	–	0.98%	–
CNC	New	CENTENE CORP DEL	$14,402,000	–	201,800	–	0.96%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$13,565,000	–	184,433	–	0.91%	–
AMAT	New	APPLIED MATLS INC	$13,064,000	–	545,000	–	0.87%	–
RTN	New	RAYTHEON CO	$12,783,000	–	94,024	–	0.85%	–
ROST	New	ROSS STORES INC	$12,418,000	–	219,056	–	0.83%	–
ADS	New	ALLIANCE DATA SYSTEMS CORP	$12,388,000	–	63,228	–	0.83%	–
ICLR	New	ICON PLC	$12,325,000	–	176,052	–	0.82%	–
CDW	New	CDW CORP	$12,184,000	–	303,991	–	0.81%	–
MLNX	New	MELLANOX TECHNOLOGIES LTD	$12,135,000	–	253,027	–	0.81%	–
JPM	New	JP MORGAN CHASE & CO	$12,069,000	–	194,218	–	0.81%	–
CBRE	New	CBRE GROUP INCcl a	$11,712,000	–	442,304	–	0.78%	–
THO	New	THOR INDS INC	$11,676,000	–	180,350	–	0.78%	–
DW	New	DREW INDS INC	$11,546,000	–	136,091	–	0.77%	–
HELE	New	HELEN OF TROY CORP LTD	$11,045,000	–	107,398	–	0.74%	–
AAPL	New	APPLE INC	$10,501,000	–	109,843	–	0.70%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$10,395,000	–	130,700	–	0.69%	–
TMK	New	TORCHMARK CORP	$10,396,000	–	168,160	–	0.69%	–
CTAS	New	CINTAS CORP	$10,080,000	–	102,725	–	0.67%	–
PRXL	New	PAREXEL INTL CORP	$10,029,000	–	159,500	–	0.67%	–
UBNT	New	UBIQUITI NETWORKS INC	$9,762,000	–	252,499	–	0.65%	–
CRUS	New	CIRRUS LOGIC INC	$9,431,000	–	243,130	–	0.63%	–
DLX	New	DELUXE CORP	$9,428,000	–	142,045	–	0.63%	–
AFSI	New	AMTRUST FINANCIAL SERVICES I	$8,751,000	–	357,166	–	0.58%	–
IFF	New	INTERNATIONAL FLAVORS & FRANGRA	$8,712,000	–	69,104	–	0.58%	–
EPAM	New	EPAM SYS INC	$8,512,000	–	132,358	–	0.57%	–
AOS	New	SMITH AO	$8,412,000	–	95,476	–	0.56%	–
ICE	New	INTERCONTINENTAL EXCHANGE INC	$8,181,000	–	31,961	–	0.55%	–
ARW	New	ARROW ELECTRS INC	$8,152,000	–	131,700	–	0.54%	–
V	New	VISA INC	$8,119,000	–	109,462	–	0.54%	–
TER	New	TERADYNE INC	$7,889,000	–	400,664	–	0.53%	–
WOOF	New	VCA INC	$7,845,000	–	116,040	–	0.52%	–
AZZ	New	AZZ INC	$7,820,000	–	130,375	–	0.52%	–
DIS	New	DISNEY WALT CO	$7,787,000	–	79,607	–	0.52%	–
VLO	New	VALERO ENERGY CORP NEW	$7,751,000	–	151,990	–	0.52%	–
TSN	New	TYSON FOODS INCcl a	$7,705,000	–	115,364	–	0.51%	–
RGR	New	STURM RUGER & CO INC	$7,471,000	–	116,721	–	0.50%	–
HOLI	New	HOLLSYS AUTOMATION TECHNOLO	$7,447,000	–	428,711	–	0.50%	–
ASGN	New	ON ASSIGNMENT INC	$7,446,000	–	201,508	–	0.50%	–
SWHC	New	SMITH & WESSON HLDG CORP	$7,404,000	–	272,400	–	0.49%	–
HP	New	HELMERICH & PAYNE INC	$7,244,000	–	107,908	–	0.48%	–
UTHR	New	UNITED THERAPEUTICS CORP	$7,012,000	–	66,201	–	0.47%	–
NOAH	New	NOAH HLDGS LTDspon ads cl a	$6,944,000	–	288,000	–	0.46%	–
CACC	New	CREDIT ACCEP CORP MICH	$6,793,000	–	36,702	–	0.45%	–
LUV	New	SOUTHWEST AIRLS CO	$6,498,000	–	165,729	–	0.43%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$6,117,000	–	82,194	–	0.41%	–
ENSG	New	ENSIGN GROUP INC	$6,101,000	–	290,394	–	0.41%	–
STMP	New	STAMPS INC	$5,932,000	–	67,859	–	0.40%	–
CNP	New	CENTREPOINT ENERGY INC	$5,777,000	–	240,700	–	0.39%	–
KAR	New	KAR AUCTION SVCS INC	$5,627,000	–	134,800	–	0.38%	–
AMN	New	AMN HEALTHCARE SERVICES INC	$5,507,000	–	137,773	–	0.37%	–
JCOM	New	J2 GLOBAL INC	$5,418,000	–	85,772	–	0.36%	–
THRM	New	GENTHERM INC	$5,261,000	–	153,605	–	0.35%	–
SNPS	New	SYNOPSYS INC	$5,111,000	–	94,500	–	0.34%	–
CHKP	New	CHECK POINT SOFTWARE TECH LTord	$4,293,000	–	53,876	–	0.29%	–
ANET	New	ARISTA NETWORKS INC	$4,227,000	–	65,650	–	0.28%	–
CRTO	New	CRITEO S Aspons ads	$3,995,000	–	87,000	–	0.27%	–
HAL	New	HALLIBURTON CO	$3,874,000	–	85,533	–	0.26%	–
ALGT	New	ALLEGIANT TRAVEL CO	$3,423,000	–	22,595	–	0.23%	–
WLK	New	WETLAKE CHEM CORP	$2,272,000	–	52,926	–	0.15%	–
CHT	New	CHUNGHWA TELECOM CO LTDspon adr new11	$1,888,000	–	52,000	–	0.13%	–
SNX	New	SYNNEX CORP	$692,000	–	7,301	–	0.05%	–
RE	New	EVEREST RE GROUP LTD	$537,000	–	2,940	–	0.04%	–
FN	New	FABRINET	$409,000	–	11,029	–	0.03%	–
IBP	New	INSTALLED BLDG PRODS INC	$377,000	–	10,398	–	0.02%	–
SYNA	New	SYNAPTICS INC	$354,000	–	6,590	–	0.02%	–
CSH	New	CASH AMER INTL INC	$331,000	–	7,777	–	0.02%	–
SCAI	New	SURGICAL CARE AFFILIATES INC	$336,000	–	7,053	–	0.02%	–
MASI	New	MASIMO CORP	$331,000	–	6,306	–	0.02%	–
ORBK	New	ORBOTECH LTDord	$328,000	–	12,846	–	0.02%	–
CBPO	New	CHINA BIOLOGIC PRODS INC	$330,000	–	3,100	–	0.02%	–
CSGS	New	CSG SYS INTL INC	$295,000	–	7,330	–	0.02%	–
BRCD	New	BROCADE COMMUNICATIONS SYS I	$306,000	–	33,344	–	0.02%	–
PBH	New	PRESTIGE BRANDS HLDGS INC	$299,000	–	5,397	–	0.02%	–
ALG	New	ALAMO GROUP INC	$304,000	–	4,609	–	0.02%	–
CPS	New	COOPER STD HLDGS INC	$278,000	–	3,516	–	0.02%	–
CATM	New	CARDTRONICS INC	$282,000	–	7,081	–	0.02%	–
JKHY	New	HENRY JACK & ASSOC INC	$288,000	–	3,298	–	0.02%	–
JLL	New	JONES LANG LASALLE INC	$265,000	–	2,716	–	0.02%	–
FIX	New	COMFORT SYS USA INC	$269,000	–	8,247	–	0.02%	–
BSFT	New	BROADSOFT INC	$269,000	–	6,551	–	0.02%	–
IRBT	New	IROBOT CORP	$277,000	–	7,898	–	0.02%	–
JBL	New	JABIL CIRCUIT INC	$268,000	–	14,500	–	0.02%	–
NLS	New	NAUTLUS INC	$248,000	–	13,917	–	0.02%	–
IPHI	New	INPHI CORP	$260,000	–	8,116	–	0.02%	–
EEFT	New	EURONET WORLDWIDE INC	$233,000	–	3,372	–	0.02%	–
GNTX	New	GENTEX CORP	$242,000	–	15,675	–	0.02%	–
PRAH	New	PRA HEALTH SCIENCES INC	$241,000	–	5,780	–	0.02%	–
FOXF	New	FOX FACTORY HLDG CORP	$243,000	–	14,006	–	0.02%	–
SYKE	New	SYKES ENTERPRISES INC	$238,000	–	8,235	–	0.02%	–
PLUS	New	EPLUS INC	$243,000	–	2,975	–	0.02%	–
UEIC	New	UNIVERSAL ELECTRS INC	$222,000	–	3,075	–	0.02%	–
OME	New	OMEGA PROTEIN CORP	$221,000	–	11,062	–	0.02%	–
SFL	New	SHIP FINANCE INTERNATIONAL L	$222,000	–	15,043	–	0.02%	–
INCR	New	INC RESH HLDGS INCcl a	$211,000	–	5,533	–	0.01%	–

Q4 2015

			Value		Shares		↓ Weighting
FFG	Exit	FBL FINL.GROUPcl a	$0	–	-3,278	–	-0.02%	–
FIX	Exit	COMFORT SYSTEMS USA INC	$0	–	-7,391	–	-0.02%	–
EEFT	Exit	EURONET WORLDWIDE	$0	–	-3,166	–	-0.02%	–
PBH	Exit	PRESTIGE BRANDS HOLDING	$0	–	-5,397	–	-0.02%	–
LABL	Exit	MULTI-COLOR CORPORATION	$0	–	-3,291	–	-0.02%	–
SSNC	Exit	SS&C TECHNOLOGIES HDG	$0	–	-3,769	–	-0.02%	–
CBPO	Exit	CHINA BIOLOGIC PROD INC	$0	–	-3,100	–	-0.02%	–
USNA	Exit	USANA HLTH SCIS	$0	–	-3,082	–	-0.03%	–
MLNX	Exit	MELLANOX TECHNOLOGIES	$0	–	-52,368	–	-0.16%	–
WLK	Exit	WESTLAKE CHEMICAL	$0	–	-52,926	–	-0.23%	–
HAL	Exit	HALLIBURTON	$0	–	-85,533	–	-0.25%	–
NXPI	Exit	NXP SEMICONDUCTORS	$0	–	-48,649	–	-0.35%	–
HP	Exit	HELMERICH & PAYNE	$0	–	-90,313	–	-0.35%	–
ALGT	Exit	ALLEGIANT TRAVEL	$0	–	-20,009	–	-0.36%	–
SMCI	Exit	SUPER MICRO COMPUTER	$0	–	-178,870	–	-0.40%	–
LCI	Exit	LANNETT CO INC	$0	–	-123,323	–	-0.42%	–
KMX	Exit	CARMAX	$0	–	-87,000	–	-0.43%	–
AOS	Exit	SMITH (AO)	$0	–	-79,200	–	-0.43%	–
WOOF	Exit	VCA ANTECH	$0	–	-98,910	–	-0.43%	–
CMCSA	Exit	COMCASTcl a spl	$0	–	-92,000	–	-0.43%	–
TDG	Exit	TRANSDIGM GROUP	$0	–	-25,500	–	-0.45%	–
AAN	Exit	AARON'S INC USD0.5	$0	–	-150,770	–	-0.45%	–
AZZ	Exit	AZZ INC	$0	–	-112,208	–	-0.45%	–
RGR	Exit	STURM RUGER & CO	$0	–	-94,612	–	-0.46%	–
ENSG	Exit	ENSIGN GROUP	$0	–	-132,640	–	-0.47%	–
AMBA	Exit	AMBARELLA INC	$0	–	-99,645	–	-0.48%	–
LYB	Exit	LYONDELL BASELL INDUSTRIE	$0	–	-69,530	–	-0.48%	–
THRM	Exit	GENTHERM INC	$0	–	-130,683	–	-0.49%	–
DIS	Exit	WALT DISNEY	$0	–	-58,432	–	-0.50%	–
MENT	Exit	MENTOR GRAPHICS	$0	–	-243,632	–	-0.50%	–
EXPD	Exit	EXPEDITOR INTERNATIONAL	$0	–	-135,000	–	-0.53%	–
TSN	Exit	TYSON FOODS Acl a	$0	–	-149,005	–	-0.53%	–
CACC	Exit	CREDIT ACCEPTANCE GROUP	$0	–	-32,898	–	-0.54%	–
DHR	Exit	DANAHER	$0	–	-76,500	–	-0.54%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-70,185	–	-0.54%	–
ASGN	Exit	ON ASSIGNMENT	$0	–	-177,804	–	-0.54%	–
CTAS	Exit	CINTAS	$0	–	-76,500	–	-0.54%	–
DLX	Exit	DELUXE	$0	–	-120,451	–	-0.56%	–
MMS	Exit	MAXIMUS	$0	–	-116,126	–	-0.57%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-114,000	–	-0.58%	–
SNX	Exit	SYNNEX COM	$0	–	-82,081	–	-0.58%	–
WAB	Exit	WABTEC	$0	–	-80,000	–	-0.58%	–
PGR	Exit	PROGRESSIVE CORP OHIO	$0	–	-233,000	–	-0.59%	–
CRUS	Exit	CIRRUS LOGIC	$0	–	-231,255	–	-0.60%	–
PCLN	Exit	PRICELINE GROUP	$0	–	-6,000	–	-0.62%	–
UTHR	Exit	UNITED THERAPEUTICS CORP	$0	–	-56,762	–	-0.62%	–
AIZ	Exit	ASSURANT	$0	–	-94,936	–	-0.62%	–
PII	Exit	POLARIS INDUSTRIES	$0	–	-63,386	–	-0.63%	–
JAZZ	Exit	JAZZ PHARMACEUTICALS	$0	–	-57,960	–	-0.64%	–
RTN	Exit	RAYTHEON	$0	–	-71,720	–	-0.65%	–
HOLI	Exit	HOLLYSYS AUTOMATION TECH	$0	–	-456,933	–	-0.66%	–
COMM	Exit	COMMSCOPE HOLDING	$0	–	-270,354	–	-0.67%	–
HELE	Exit	HELEN OF TROY	$0	–	-91,028	–	-0.67%	–
V	Exit	VISA CLASS A SHARES	$0	–	-117,476	–	-0.68%	–
TRN	Exit	TRINITY INDUSTRIES	$0	–	-364,791	–	-0.68%	–
RE	Exit	EVEREST RE GROUP	$0	–	-48,472	–	-0.70%	–
EPAM	Exit	EPAM SYSTEMS INC	$0	–	-113,546	–	-0.70%	–
VFC	Exit	V F	$0	–	-135,618	–	-0.77%	–
TDY	Exit	TELEDYNE TECHS	$0	–	-103,921	–	-0.78%	–
AFSI	Exit	AMTRUST FINANCIAL SERVICE	$0	–	-151,778	–	-0.79%	–
SYNA	Exit	SYNAPTICS	$0	–	-119,377	–	-0.82%	–
IFF	Exit	INTL FLAVOURS & FRAGRANC	$0	–	-96,036	–	-0.82%	–
ICLR	Exit	ICON PLC	$0	–	-142,386	–	-0.84%	–
BRCD	Exit	BROCADE COMMS SYS	$0	–	-1,021,066	–	-0.88%	–
CDW	Exit	CDW CORP	$0	–	-265,680	–	-0.90%	–
EDU	Exit	NEW ORIENTAL ED & TECHspon adr	$0	–	-545,700	–	-0.91%	–
GIII	Exit	G-III APPARELGROUP	$0	–	-187,722	–	-0.96%	–
SWKS	Exit	SKYWORKS SOLUTIONS	$0	–	-145,009	–	-1.01%	–
TMK	Exit	TORCHMARK CORP	$0	–	-234,006	–	-1.09%	–
MCK	Exit	MCKESSON HBOC	$0	–	-72,973	–	-1.12%	–
ADS	Exit	ALLIANCE DATA SYSTEMS	$0	–	-52,925	–	-1.14%	–
FB	Exit	FACEBOOK NPVcl a	$0	–	-155,200	–	-1.16%	–
AAP	Exit	ADVANCE AUTO PARTS	$0	–	-73,994	–	-1.16%	–
UHS	Exit	UNIVERSAL HEALTH Bcl b	$0	–	-120,077	–	-1.24%	–
FFIV	Exit	F5 NETWORKS	$0	–	-135,461	–	-1.30%	–
VLO	Exit	VALERO EN NEW	$0	–	-263,285	–	-1.31%	–
AVGO	Exit	AVAGO TECH	$0	–	-131,998	–	-1.37%	–
REGN	Exit	REGENERON PHARMS	$0	–	-38,775	–	-1.49%	–
AON	Exit	AON	$0	–	-210,189	–	-1.54%	–
WFC	Exit	WELLS FARGO & CO	$0	–	-390,803	–	-1.66%	–
MCO	Exit	MOODYS	$0	–	-208,457	–	-1.70%	–
JLL	Exit	JONES LANG LASALLE	$0	–	-144,896	–	-1.73%	–
CVS	Exit	CVS HEALTH	$0	–	-216,518	–	-1.73%	–
HCA	Exit	HCA HOLDINGS	$0	–	-272,708	–	-1.75%	–
CELG	Exit	CELGENE	$0	–	-204,339	–	-1.83%	–
CI	Exit	CIGNA	$0	–	-184,674	–	-2.07%	–
AET	Exit	AETNA INC	$0	–	-230,466	–	-2.09%	–
GS	Exit	GOLDMAN SACHS GROUP	$0	–	-146,350	–	-2.11%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-553,016	–	-2.12%	–
GD	Exit	GENERAL DYNAMICS	$0	–	-197,594	–	-2.26%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-291,542	–	-2.37%	–
FL	Exit	FOOT LOCKER	$0	–	-404,644	–	-2.41%	–
SNA	Exit	SNAP-ON	$0	–	-205,104	–	-2.56%	–
LEA	Exit	LEAR CORP	$0	–	-312,727	–	-2.82%	–
RDY	Exit	DR REDDYS LAB ADRadr	$0	–	-597,468	–	-3.16%	–
AAPL	Exit	APPLE	$0	–	-392,307	–	-3.58%	–
TSM	Exit	TAIWAN SEMICON SP ADRsponsored adr	$0	–	-2,261,580	–	-3.89%	–
NTES	Exit	NETEASE INC ADRsponsored adr	$0	–	-413,341	–	-4.11%	–
CTSH	Exit	COGNIZANT TECH SOLUTIONScl a	$0	–	-990,422	–	-5.14%	–

Q3 2015

			Value		Shares		↓ Weighting
CTSH	Buy	COGNIZANT TECH SOLUTIONScl a	$62,010,000	+101.8%	990,422	+96.9%	5.14%	+129.9%
NTES	Sell	NETEASE INC ADRsponsored adr	$49,651,000	-28.7%	413,341	-14.1%	4.11%	-18.8%
TSM	Sell	TAIWAN SEMICON SP ADRsponsored adr	$46,928,000	-35.6%	2,261,580	-29.6%	3.89%	-26.7%
AAPL	Buy	APPLE	$43,271,000	-6.9%	392,307	+5.9%	3.58%	+6.1%
RDY	New	DR REDDYS LAB ADRadr	$38,184,000	–	597,468	–	3.16%	–
LEA	Buy	LEAR CORP	$34,018,000	+4.8%	312,727	+8.2%	2.82%	+19.4%
SNA	Sell	SNAP-ON	$30,958,000	-8.4%	205,104	-3.3%	2.56%	+4.4%
FL	Sell	FOOT LOCKER	$29,122,000	-7.0%	404,644	-13.4%	2.41%	+5.9%
GILD	Sell	GILEAD SCIENCES	$28,627,000	-19.7%	291,542	-4.2%	2.37%	-8.5%
GD	Buy	GENERAL DYNAMICS	$27,258,000	+32.3%	197,594	+35.9%	2.26%	+50.6%
MPC	Buy	MARATHON PETROLEUM CORP	$25,621,000	+21.3%	553,016	+36.9%	2.12%	+38.1%
GS	Sell	GOLDMAN SACHS GROUP	$25,430,000	-28.9%	146,350	-14.5%	2.11%	-19.0%
AET	Sell	AETNA INC	$25,215,000	-26.6%	230,466	-14.5%	2.09%	-16.4%
CI	Sell	CIGNA	$24,935,000	-45.1%	184,674	-34.1%	2.07%	-37.4%
CELG	Sell	CELGENE	$22,103,000	-10.7%	204,339	-4.4%	1.83%	+1.7%
HCA	Buy	HCA HOLDINGS	$21,097,000	+110.9%	272,708	+147.4%	1.75%	+140.4%
CVS	Sell	CVS HEALTH	$20,890,000	-10.5%	216,518	-2.7%	1.73%	+2.0%
JLL	Buy	JONES LANG LASALLE	$20,832,000	-15.3%	144,896	+0.7%	1.73%	-3.6%
MCO	Sell	MOODYS	$20,470,000	-12.5%	208,457	-3.8%	1.70%	-0.3%
WFC	Sell	WELLS FARGO & CO	$20,068,000	-11.8%	390,803	-3.4%	1.66%	+0.5%
AON	Sell	AON	$18,625,000	-13.8%	210,189	-3.1%	1.54%	-1.8%
REGN	New	REGENERON PHARMS	$18,036,000	–	38,775	–	1.49%	–
AVGO	Sell	AVAGO TECH	$16,501,000	-9.2%	131,998	-3.4%	1.37%	+3.4%
VLO	Buy	VALERO EN NEW	$15,823,000	+198.7%	263,285	+211.1%	1.31%	+240.5%
FFIV	Sell	F5 NETWORKS	$15,686,000	-9.5%	135,461	-5.9%	1.30%	+3.1%
UHS	New	UNIVERSAL HEALTH Bcl b	$14,987,000	–	120,077	–	1.24%	–
AAP	Sell	ADVANCE AUTO PARTS	$14,024,000	+14.5%	73,994	-3.8%	1.16%	+30.4%
FB	New	FACEBOOK NPVcl a	$13,952,000	–	155,200	–	1.16%	–
ADS	Sell	ALLIANCE DATA SYSTEMS	$13,707,000	-17.4%	52,925	-6.9%	1.14%	-6.0%
MCK	Sell	MCKESSON HBOC	$13,502,000	-21.2%	72,973	-4.2%	1.12%	-10.2%
TMK	Sell	TORCHMARK CORP	$13,198,000	-6.2%	234,006	-3.2%	1.09%	+6.9%
SWKS	Buy	SKYWORKS SOLUTIONS	$12,211,000	+17.4%	145,009	+45.2%	1.01%	+33.9%
GIII	Sell	G-III APPARELGROUP	$11,575,000	-16.8%	187,722	-5.1%	0.96%	-5.3%
EDU	Buy	NEW ORIENTAL ED & TECHspon adr	$11,029,000	+5.7%	545,700	+28.2%	0.91%	+20.4%
CDW	New	CDW CORP	$10,856,000	–	265,680	–	0.90%	–
BRCD	Sell	BROCADE COMMS SYS	$10,599,000	-17.4%	1,021,066	-5.4%	0.88%	-5.9%
ICLR	Sell	ICON PLC	$10,105,000	+1.5%	142,386	-3.8%	0.84%	+15.6%
SYNA	Sell	SYNAPTICS	$9,844,000	-9.8%	119,377	-5.2%	0.82%	+2.8%
AFSI	Sell	AMTRUST FINANCIAL SERVICE	$9,559,000	-9.0%	151,778	-5.3%	0.79%	+3.7%
TDY	Sell	TELEDYNE TECHS	$9,384,000	-20.2%	103,921	-6.7%	0.78%	-9.1%
EPAM	Sell	EPAM SYSTEMS INC	$8,461,000	-1.0%	113,546	-5.4%	0.70%	+12.7%
RE	Sell	EVEREST RE GROUP	$8,402,000	-31.4%	48,472	-27.9%	0.70%	-21.9%
TRN	Sell	TRINITY INDUSTRIES	$8,270,000	-17.2%	364,791	-3.4%	0.68%	-5.6%
HELE	Sell	HELEN OF TROY	$8,129,000	-13.3%	91,028	-5.3%	0.67%	-1.2%
COMM	New	COMMSCOPE HOLDING	$8,119,000	–	270,354	–	0.67%	–
HOLI	Buy	HOLLYSYS AUTOMATION TECH	$7,987,000	-18.6%	456,933	+11.9%	0.66%	-7.3%
JAZZ	Sell	JAZZ PHARMACEUTICALS	$7,698,000	-71.5%	57,960	-62.3%	0.64%	-67.6%
PII	Sell	POLARIS INDUSTRIES	$7,598,000	-22.9%	63,386	-4.8%	0.63%	-12.1%
AIZ	New	ASSURANT	$7,501,000	–	94,936	–	0.62%	–
UTHR	Sell	UNITED THERAPEUTICS CORP	$7,449,000	-62.9%	56,762	-50.8%	0.62%	-57.7%
PCLN	New	PRICELINE GROUP	$7,421,000	–	6,000	–	0.62%	–
CRUS	Sell	CIRRUS LOGIC	$7,287,000	-11.9%	231,255	-4.8%	0.60%	+0.5%
PGR	New	PROGRESSIVE CORP OHIO	$7,139,000	–	233,000	–	0.59%	–
SNX	Sell	SYNNEX COM	$6,982,000	+10.2%	82,081	-5.2%	0.58%	+25.4%
MMS	Sell	MAXIMUS	$6,916,000	-14.4%	116,126	-5.5%	0.57%	-2.6%
DLX	Sell	DELUXE	$6,714,000	-14.7%	120,451	-5.1%	0.56%	-3.0%
ASGN	Sell	ON ASSIGNMENT	$6,561,000	-10.9%	177,804	-5.2%	0.54%	+1.5%
CTAS	New	CINTAS	$6,560,000	–	76,500	–	0.54%	–
JNJ	Sell	JOHNSON & JOHNSON	$6,552,000	-42.4%	70,185	-39.9%	0.54%	-34.3%
DHR	New	DANAHER	$6,519,000	–	76,500	–	0.54%	–
CACC	Sell	CREDIT ACCEPTANCE GROUP	$6,477,000	-24.2%	32,898	-5.3%	0.54%	-13.7%
EXPD	New	EXPEDITOR INTERNATIONAL	$6,352,000	–	135,000	–	0.53%	–
MENT	Sell	MENTOR GRAPHICS	$6,001,000	-11.8%	243,632	-5.3%	0.50%	+0.4%
DIS	Sell	WALT DISNEY	$5,972,000	-55.1%	58,432	-49.8%	0.50%	-48.8%
THRM	Sell	GENTHERM INC	$5,870,000	-22.3%	130,683	-5.0%	0.49%	-11.6%
AMBA	Sell	AMBARELLA INC	$5,758,000	-46.7%	99,645	-5.2%	0.48%	-39.2%
ENSG	Sell	ENSIGN GROUP	$5,654,000	-20.8%	132,640	-5.1%	0.47%	-9.8%
RGR	New	STURM RUGER & CO	$5,553,000	–	94,612	–	0.46%	–
AZZ	New	AZZ INC	$5,463,000	–	112,208	–	0.45%	–
AAN	New	AARON'S INC USD0.5	$5,444,000	–	150,770	–	0.45%	–
TDG	New	TRANSDIGM GROUP	$5,416,000	–	25,500	–	0.45%	–
WOOF	New	VCA ANTECH	$5,208,000	–	98,910	–	0.43%	–
KMX	New	CARMAX	$5,161,000	–	87,000	–	0.43%	–
AOS	New	SMITH (AO)	$5,163,000	–	79,200	–	0.43%	–
LCI	Sell	LANNETT CO INC	$5,120,000	-33.9%	123,323	-5.4%	0.42%	-24.8%
SMCI	Sell	SUPER MICRO COMPUTER	$4,876,000	-12.3%	178,870	-4.8%	0.40%	0.0%
ALGT	Sell	ALLEGIANT TRAVEL	$4,327,000	+15.1%	20,009	-5.3%	0.36%	+31.5%
NXPI	Buy	NXP SEMICONDUCTORS	$4,236,000	-5.1%	48,649	+7.0%	0.35%	+8.0%
EEFT	New	EURONET WORLDWIDE	$235,000	–	3,166	–	0.02%	–
FIX	New	COMFORT SYSTEMS USA INC	$201,000	–	7,391	–	0.02%	–
FFG	New	FBL FINL.GROUPcl a	$202,000	–	3,278	–	0.02%	–
ITG	Exit	INVESTMENT TECHNOLOGY GRP NE	$0	–	-8,494	–	-0.02%	–
MIDD	Exit	MIDDLEBY CORP	$0	–	-1,850	–	-0.02%	–
WWD	Exit	WOODWARD INC	$0	–	-3,724	–	-0.02%	–
DTSI	Exit	DTS INC	$0	–	-6,882	–	-0.02%	–
IPXL	Exit	IMPAX LABORATORIES INC	$0	–	-5,442	–	-0.02%	–
GBX	Exit	GREENBRIER COS INC	$0	–	-6,763	–	-0.02%	–
ATROB	Exit	ASTRONICS CORP	$0	–	-19,293	–	-0.10%	–
ORCL	Exit	ORACLE CORP	$0	–	-123,640	–	-0.36%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-42,946	–	-0.44%	–
BGCP	Exit	BGC PARTNERS INCcl a	$0	–	-698,640	–	-0.44%	–
ATRO	Exit	ASTRONICS CORP	$0	–	-91,586	–	-0.47%	–
SYA	Exit	SYMETRA FINL CORP	$0	–	-271,117	–	-0.48%	–
COF	Exit	CAPITAL ONE FINL CORP	$0	–	-77,640	–	-0.50%	–
ENS	Exit	ENERSYS	$0	–	-113,986	–	-0.58%	–
BX	Exit	BLACKSTONE GROUP LP	$0	–	-247,500	–	-0.74%	–
BEAV	Exit	B/E AEROSPACE INC	$0	–	-204,754	–	-0.82%	–
VRNT	Exit	VERINT SYS INC	$0	–	-201,488	–	-0.89%	–
IVZ	Exit	INVESCO LTD	$0	–	-335,725	–	-0.92%	–
MDVN	Exit	MEDIVATION INC	$0	–	-111,709	–	-0.93%	–
ASX	Exit	ADVANCED SEMICONDUCTOR ENGRsponsored adr	$0	–	-2,134,399	–	-1.02%	–
TTM	Exit	TATA MTRS LTDsponsored adr	$0	–	-419,182	–	-1.05%	–
BLK	Exit	BLACKROCK INC	$0	–	-44,049	–	-1.11%	–
LNC	Exit	LINCOLN NATL CORP IND	$0	–	-353,979	–	-1.52%	–
BIIB	Exit	BIOGEN IDEC INC	$0	–	-80,392	–	-2.36%	–

Q2 2015

			Value		Shares		↓ Weighting
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$72,919,000	–	3,210,880	–	5.30%	–
NTES	New	NETEASE INCsponsored adr	$69,684,000	–	481,026	–	5.07%	–
AAPL	New	APPLE INC	$46,467,000	–	370,478	–	3.38%	–
CI	New	CIGNA CORP	$45,379,000	–	280,118	–	3.30%	–
GS	New	GOLDMAN SACHS GROUP INC	$35,745,000	–	171,199	–	2.60%	–
GILD	New	GILEAD SCIENCES INC	$35,643,000	–	304,429	–	2.59%	–
AET	New	AETNA INC NEW	$34,367,000	–	269,627	–	2.50%	–
SNA	New	SNAP ON INC	$33,795,000	–	212,213	–	2.46%	–
BIIB	New	BIOGEN IDEC INC	$32,474,000	–	80,392	–	2.36%	–
LEA	New	LEAR CORP	$32,447,000	–	289,031	–	2.36%	–
FL	New	FOOT LOCKER INC	$31,314,000	–	467,300	–	2.28%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$30,725,000	–	502,947	–	2.24%	–
JAZZ	New	JAZZ PHARMACEUTICAL PLC	$27,037,000	–	153,556	–	1.97%	–
CELG	New	CELGEN CORP	$24,748,000	–	213,837	–	1.80%	–
JLL	New	JONES LANG LASALLE INC	$24,603,000	–	143,880	–	1.79%	–
MCO	New	MOODYS CORP	$23,388,000	–	216,637	–	1.70%	–
CVS	New	CVS CAREMARK CORPORATION	$23,337,000	–	222,507	–	1.70%	–
WFC	New	WELLS FARGO & CO NEW	$22,745,000	–	404,433	–	1.65%	–
AON	New	AON PLC	$21,614,000	–	216,829	–	1.57%	–
MPC	New	MARATHON PETE CORP	$21,128,000	–	403,900	–	1.54%	–
LNC	New	LINCOLN NATL CORP IND	$20,963,000	–	353,979	–	1.52%	–
GD	New	GENERAL DYNAMICS CORP	$20,605,000	–	145,422	–	1.50%	–
UTHR	New	UNITED THERAPEUTICS CORP	$20,067,000	–	115,359	–	1.46%	–
AVGO	New	AVAGO TECHNOLOGIES LTD	$18,170,000	–	136,686	–	1.32%	–
FFIV	New	F5 NETWORKS INC	$17,330,000	–	143,997	–	1.26%	–
MCK	New	MCKESSON CORP	$17,127,000	–	76,184	–	1.25%	–
ADS	New	ALLIANCE DATA SYSTEMS CORP	$16,603,000	–	56,870	–	1.21%	–
BLK	New	BLACKROCK INC	$15,240,000	–	44,049	–	1.11%	–
TTM	New	TATA MTRS LTDsponsored adr	$14,449,000	–	419,182	–	1.05%	–
ASX	New	ADVANCED SEMICONDUCTOR ENGRsponsored adr	$14,087,000	–	2,134,399	–	1.02%	–
TMK	New	TORCHMARK CORP	$14,069,000	–	241,644	–	1.02%	–
GIII	New	G-III APPAREL GROUP LTD	$13,920,000	–	197,864	–	1.01%	–
DIS	New	DISNEY WALT CO	$13,290,000	–	116,432	–	0.97%	–
BRCD	New	BROCADE COMMUNICATIONS SYS I	$12,826,000	–	1,079,622	–	0.93%	–
MDVN	New	MEDIVATION INC	$12,757,000	–	111,709	–	0.93%	–
IVZ	New	INVESCO LTD	$12,586,000	–	335,725	–	0.92%	–
AAP	New	ADVANCE AUTO PARTS INC	$12,249,000	–	76,895	–	0.89%	–
RE	New	EVEREST RE GROUP LTD	$12,243,000	–	67,264	–	0.89%	–
VRNT	New	VERINT SYS INC	$12,239,000	–	201,488	–	0.89%	–
TDY	New	TELEDYNE TECHNOLOGIES INC	$11,757,000	–	111,427	–	0.86%	–
JNJ	New	JOHNSON & JOHNSON	$11,372,000	–	116,685	–	0.83%	–
BEAV	New	B/E AEROSPACE INC	$11,241,000	–	204,754	–	0.82%	–
SYNA	New	SYNAPTICS INC	$10,919,000	–	125,887	–	0.79%	–
AMBA	New	AMBARELLA INC	$10,793,000	–	105,102	–	0.78%	–
AFSI	New	AMTRUST FINANCIAL SERVICES I	$10,502,000	–	160,313	–	0.76%	–
IFF	New	INTERNATIONAL FLAVORS & FRANGRA	$10,496,000	–	96,036	–	0.76%	–
EDU	New	NEW ORIENTAL ED & TECH GRP Ispon adr	$10,433,000	–	425,500	–	0.76%	–
SWKS	New	SKYWORKS SOLUTIONS INC	$10,397,000	–	99,873	–	0.76%	–
BX	New	BLACKSTONE GROUP LP	$10,115,000	–	247,500	–	0.74%	–
HCA	New	HCA HOLDINGS INC	$10,001,000	–	110,237	–	0.73%	–
TRN	New	TRINITY INDS INC	$9,982,000	–	377,673	–	0.73%	–
ICLR	New	ICON PLC	$9,958,000	–	147,970	–	0.72%	–
PII	New	POLARIS INDS INC	$9,860,000	–	66,573	–	0.72%	–
HOLI	New	HOLLSYS AUTOMATION TECHNOLO	$9,810,000	–	408,233	–	0.71%	–
VFC	New	V F CORP	$9,458,000	–	135,618	–	0.69%	–
HELE	New	HELEN OF TROY CORP LTD	$9,374,000	–	96,149	–	0.68%	–
CACC	New	CREDIT ACCEP CORP MICH	$8,548,000	–	34,723	–	0.62%	–
EPAM	New	EPAM SYS INC	$8,549,000	–	120,020	–	0.62%	–
CRUS	New	CIRRUS LOGIC INC	$8,267,000	–	242,920	–	0.60%	–
MMS	New	MAXIMUS INC	$8,078,000	–	122,900	–	0.59%	–
ENS	New	ENERSYS	$8,012,000	–	113,986	–	0.58%	–
V	New	VISA INC	$7,889,000	–	117,476	–	0.57%	–
DLX	New	DELUXE CORP	$7,873,000	–	126,988	–	0.57%	–
LCI	New	LANNETT INC	$7,748,000	–	130,351	–	0.56%	–
JPM	New	JP MORGAN CHASE & CO	$7,725,000	–	114,000	–	0.56%	–
THRM	New	GENTHERM INC	$7,557,000	–	137,629	–	0.55%	–
WAB	New	WABTEC CORP	$7,539,000	–	80,000	–	0.55%	–
ASGN	New	ON ASSIGNMENT INC	$7,364,000	–	187,465	–	0.54%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$7,198,000	–	69,530	–	0.52%	–
ENSG	New	ENSIGN GROUP INC	$7,140,000	–	139,840	–	0.52%	–
RTN	New	RAYTHEON CO	$6,862,000	–	71,720	–	0.50%	–
COF	New	CAPITAL ONE FINL CORP	$6,830,000	–	77,640	–	0.50%	–
MENT	New	MENTOR GRAPHICS CORP	$6,802,000	–	257,370	–	0.50%	–
SYA	New	SYMETRA FINL CORP	$6,553,000	–	271,117	–	0.48%	–
ATRO	New	ASTRONICS CORP	$6,493,000	–	91,586	–	0.47%	–
HP	New	HELMERICH & PAYNE INC	$6,360,000	–	90,313	–	0.46%	–
TSN	New	TYSON FOODS INCcl a	$6,352,000	–	149,005	–	0.46%	–
SNX	New	SYNNEX CORP	$6,334,000	–	86,548	–	0.46%	–
BGCP	New	BGC PARTNERS INCcl a	$6,113,000	–	698,640	–	0.44%	–
MELI	New	MERCADOLIBRE INC	$6,085,000	–	42,946	–	0.44%	–
SMCI	New	SUPER MICRO COMPUTER INC	$5,557,000	–	187,857	–	0.40%	–
CMCSA	New	COMCAST CORP NEWcl a spl	$5,533,000	–	92,000	–	0.40%	–
VLO	New	VALERO ENERGY CORP NEW	$5,298,000	–	84,638	–	0.38%	–
ORCL	New	ORACLE CORP	$4,983,000	–	123,640	–	0.36%	–
NXPI	New	NXP SEMICONDUCTORS N V	$4,463,000	–	45,449	–	0.32%	–
ALGT	New	ALLEGIANT TRAVEL CO	$3,759,000	–	21,135	–	0.27%	–
HAL	New	HALLIBURTON CO	$3,684,000	–	85,533	–	0.27%	–
WLK	New	WETLAKE CHEM CORP	$3,630,000	–	52,926	–	0.26%	–
MLNX	New	MELLANOX TECHNOLOGIES LTD	$2,545,000	–	52,368	–	0.18%	–
ATROB	New	ASTRONICS CORP	$1,360,000	–	19,293	–	0.10%	–
USNA	New	USANA HEALTH SCINCES INC	$421,000	–	3,082	–	0.03%	–
CBPO	New	CHINA BIOLOGIC PRODS INC	$357,000	–	3,100	–	0.03%	–
GBX	New	GREENBRIER COS INC	$317,000	–	6,763	–	0.02%	–
IPXL	New	IMPAX LABORATORIES INC	$250,000	–	5,442	–	0.02%	–
PBH	New	PRESTIGE BRANDS HLDGS INC	$250,000	–	5,397	–	0.02%	–
SSNC	New	SS&C TECHNOLOGIES HLDGS INC	$236,000	–	3,769	–	0.02%	–
ITG	New	INVESTMENT TECHNOLOGY GRP NE	$211,000	–	8,494	–	0.02%	–
LABL	New	MULTI COLOR CORP	$210,000	–	3,291	–	0.02%	–
MIDD	New	MIDDLEBY CORP	$208,000	–	1,850	–	0.02%	–
WWD	New	WOODWARD INC	$205,000	–	3,724	–	0.02%	–
DTSI	New	DTS INC	$210,000	–	6,882	–	0.02%	–

Q4 2014

			Value		Shares		↓ Weighting
ATK	Exit	ALLIANT TECHSYSTEMS INC	$0	–	-1,625	–	-0.01%	–
PIPR	Exit	PIPER JAFFRAY COS	$0	–	-3,876	–	-0.01%	–
SMCI	Exit	SUPER MICRO COMPUTER INC	$0	–	-7,126	–	-0.01%	–
UEIC	Exit	UNIVERSAL ELECTRS INC	$0	–	-4,815	–	-0.02%	–
USNA	Exit	USANA HEALTH SCINCES INC	$0	–	-3,082	–	-0.02%	–
ASX	Exit	ADVANCED SEMICONDUCTOR ENGRsponsored adr	$0	–	-41,459	–	-0.02%	–
THRM	Exit	GENTHERM INC	$0	–	-6,429	–	-0.02%	–
GBX	Exit	GREENBRIER COS INC	$0	–	-6,763	–	-0.03%	–
EWT	Exit	ISHARESmsci taiwan etf	$0	–	-34,092	–	-0.03%	–
ATROB	Exit	ASTRONICS CORP	$0	–	-22,509	–	-0.07%	–
QIHU	Exit	QIHOO 360 TECHNOLOGY CO LTDads	$0	–	-38,644	–	-0.17%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-45,600	–	-0.20%	–
EDU	Exit	NEW ORIENTAL ED & TECH GRP Ispon adr	$0	–	-136,772	–	-0.20%	–
WX	Exit	WUXI PHARMATECH CAYMAN INC	$0	–	-106,893	–	-0.24%	–
ATRO	Exit	ASTRONICS CORP	$0	–	-107,636	–	-0.33%	–
GOOG	Exit	GOOGLE INCcl c	$0	–	-9,347	–	-0.35%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-9,347	–	-0.36%	–
MMS	Exit	MAXIMUS INC	$0	–	-141,514	–	-0.37%	–
MENT	Exit	MENTOR GRAPHICS CORP	$0	–	-303,768	–	-0.40%	–
PLXS	Exit	PLEXUS CORP	$0	–	-171,766	–	-0.41%	–
SAFM	Exit	SANDERSON FARMS INC	$0	–	-72,638	–	-0.41%	–
SNX	Exit	SYNNEX CORP	$0	–	-101,668	–	-0.42%	–
SYA	Exit	SYMETRA FINL CORP	$0	–	-321,300	–	-0.48%	–
AFSI	Exit	AMTRUST FINANCIAL SERVICES I	$0	–	-189,021	–	-0.49%	–
ENS	Exit	ENERSYS	$0	–	-134,553	–	-0.51%	–
HES	Exit	HESS CORP	$0	–	-84,000	–	-0.51%	–
DLX	Exit	DELUXE CORP	$0	–	-149,437	–	-0.53%	–
CMI	Exit	CUMMINS INC	$0	–	-67,000	–	-0.57%	–
ARRS	Exit	ARRIS GROUP INC NEW	$0	–	-313,730	–	-0.58%	–
AMBA	Exit	AMBARELLA INC	$0	–	-212,429	–	-0.60%	–
GIII	Exit	G-III APPAREL GROUP LTD	$0	–	-116,871	–	-0.63%	–
HOLI	Exit	HOLLSYS AUTOMATION TECHNOLO	$0	–	-442,123	–	-0.64%	–
V	Exit	VISA INC	$0	–	-46,775	–	-0.65%	–
ALXN	Exit	ALEXION PHARMACEUTICALS INC	$0	–	-62,500	–	-0.67%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-223,394	–	-0.67%	–
GD	Exit	GENERAL DYNAMICS CORP	$0	–	-82,000	–	-0.68%	–
SYNA	Exit	SYNAPTICS INC	$0	–	-148,344	–	-0.70%	–
VLO	Exit	VALERO ENERGY CORP NEW	$0	–	-248,164	–	-0.74%	–
NVDA	Exit	NVIDIA CORP	$0	–	-654,999	–	-0.78%	–
TDY	Exit	TELEDYNE TECHNOLOGIES INC	$0	–	-131,541	–	-0.80%	–
AIZ	Exit	ASSURANT INC	$0	–	-192,741	–	-0.80%	–
HCA	Exit	HCA HOLDINGS INC	$0	–	-184,079	–	-0.84%	–
IFF	Exit	INTERNATIONAL FLAVORS & FRANGRA	$0	–	-138,000	–	-0.86%	–
VRNT	Exit	VERINT SYS INC	$0	–	-238,320	–	-0.86%	–
AME	Exit	AMETEK INC NEW	$0	–	-264,222	–	-0.86%	–
ORCL	Exit	ORACLE CORP	$0	–	-367,126	–	-0.91%	–
TTM	Exit	TATA MTRS LTDsponsored adr	$0	–	-322,430	–	-0.91%	–
MMM	Exit	3M CO	$0	–	-100,152	–	-0.92%	–
RE	Exit	EVEREST RE GROUP LTD	$0	–	-93,636	–	-0.98%	–
SNA	Exit	SNAP ON INC	$0	–	-132,075	–	-1.04%	–
DIS	Exit	DISNEY WALT CO	$0	–	-185,000	–	-1.07%	–
SWKS	Exit	SKYWORKS SOLUTIONS INC	$0	–	-287,746	–	-1.08%	–
MDVN	Exit	MEDIVATION INC	$0	–	-170,746	–	-1.09%	–
TMK	Exit	TORCHMARK CORP	$0	–	-329,715	–	-1.12%	–
BRCD	Exit	BROCADE COMMUNICATIONS SYS I	$0	–	-1,590,123	–	-1.12%	–
AON	Exit	AON PLC	$0	–	-197,885	–	-1.12%	–
UTHR	Exit	UNITED THERAPEUTICS CORP	$0	–	-135,989	–	-1.13%	–
IVZ	Exit	INVESCO LTD	$0	–	-461,700	–	-1.18%	–
ADS	Exit	ALLIANCE DATA SYSTEMS CORP	$0	–	-73,441	–	-1.18%	–
DOV	Exit	DOVER CORP	$0	–	-241,162	–	-1.25%	–
BEAV	Exit	B/E AEROSPACE INC	$0	–	-232,236	–	-1.26%	–
WDC	Exit	WESTERN DIGITAL CORP	$0	–	-205,450	–	-1.30%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-190,000	–	-1.31%	–
RTN	Exit	RAYTHEON CO	$0	–	-204,506	–	-1.35%	–
SNDK	Exit	SANDISK CORP	$0	–	-213,421	–	-1.35%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-180,269	–	-1.39%	–
JLL	Exit	JONES LANG LASALLE INC	$0	–	-175,200	–	-1.43%	–
TRN	Exit	TRINITY INDS INC	$0	–	-492,060	–	-1.49%	–
MCK	Exit	MCKESSON CORP	$0	–	-122,808	–	-1.55%	–
BIIB	Exit	BIOGEN IDEC INC	$0	–	-73,200	–	-1.57%	–
QCOM	Exit	QUALCOMM INC	$0	–	-330,444	–	-1.60%	–
LNC	Exit	LINCOLN NATL CORP IND	$0	–	-472,892	–	-1.64%	–
CVS	Exit	CVS CAREMARK CORPORATION	$0	–	-332,273	–	-1.71%	–
PII	Exit	POLARIS INDS INC	$0	–	-176,614	–	-1.71%	–
AVGO	Exit	AVAGO TECHNOLOGIES LTD	$0	–	-304,385	–	-1.72%	–
HAL	Exit	HALLIBURTON CO	$0	–	-415,423	–	-1.74%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-151,915	–	-1.81%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-262,536	–	-1.85%	–
WFC	Exit	WELLS FARGO & CO NEW	$0	–	-557,932	–	-1.87%	–
JAZZ	Exit	JAZZ PHARMACEUTICAL PLC	$0	–	-183,428	–	-1.91%	–
NTES	Exit	NETEASE INCsponsored adr	$0	–	-348,655	–	-1.93%	–
CI	Exit	CIGNA CORP	$0	–	-333,934	–	-1.96%	–
BLK	Exit	BLACKROCK INC	$0	–	-93,196	–	-1.98%	–
WLK	Exit	WETLAKE CHEM CORP	$0	–	-354,557	–	-1.99%	–
WLL	Exit	WHITING PETE CORP NEW	$0	–	-397,351	–	-2.00%	–
LEA	Exit	LEAR CORP	$0	–	-356,759	–	-2.00%	–
CELG	Exit	CELGEN CORP	$0	–	-344,686	–	-2.12%	–
AET	Exit	AETNA INC NEW	$0	–	-409,030	–	-2.14%	–
HP	Exit	HELMERICH & PAYNE INC	$0	–	-350,468	–	-2.22%	–
DFS	Exit	DISCOVER FINL SVCS	$0	–	-555,064	–	-2.31%	–
BRCM	Exit	BROADCOM CORPcl a	$0	–	-889,300	–	-2.33%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-401,490	–	-2.77%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$0	–	-2,237,921	–	-2.92%	–
AAPL	Exit	APPLE INC	$0	–	-628,754	–	-4.10%	–

Q3 2014

			Value		Shares		↓ Weighting
AAPL	Sell	APPLE INC	$63,347,000	+6.5%	628,754	-1.8%	4.10%	+6.6%
TSM	Buy	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$45,161,000	-4.9%	2,237,921	+0.8%	2.92%	-4.8%
GILD	Sell	GILEAD SCIENCES INC	$42,739,000	+15.9%	401,490	-9.7%	2.77%	+16.0%
BRCM	Buy	BROADCOM CORPcl a	$35,946,000	+53.4%	889,300	+40.8%	2.33%	+53.6%
DFS	Sell	DISCOVER FINL SVCS	$35,741,000	+2.0%	555,064	-1.8%	2.31%	+2.1%
HP	Sell	HELMERICH & PAYNE INC	$34,300,000	-17.5%	350,468	-2.1%	2.22%	-17.4%
AET	Sell	AETNA INC NEW	$33,131,000	-4.2%	409,030	-4.1%	2.14%	-4.2%
CELG	Buy	CELGEN CORP	$32,669,000	+14.7%	344,686	+4.0%	2.12%	+14.8%
LEA	Buy	LEAR CORP	$30,828,000	+12.6%	356,759	+16.4%	2.00%	+12.7%
WLL	Buy	WHITING PETE CORP NEW	$30,815,000	-1.9%	397,351	+1.6%	2.00%	-1.8%
WLK	Sell	WETLAKE CHEM CORP	$30,701,000	+1.5%	354,557	-1.9%	1.99%	+1.6%
BLK	Buy	BLACKROCK INC	$30,598,000	+5.7%	93,196	+2.9%	1.98%	+5.8%
CI	Sell	CIGNA CORP	$30,284,000	-3.6%	333,934	-2.2%	1.96%	-3.5%
NTES	Buy	NETEASE INCsponsored adr	$29,866,000	+14.9%	348,655	+5.1%	1.93%	+15.0%
JAZZ	Sell	JAZZ PHARMACEUTICAL PLC	$29,451,000	+7.9%	183,428	-1.2%	1.91%	+8.0%
WFC	Sell	WELLS FARGO & CO NEW	$28,940,000	-2.9%	557,932	-1.6%	1.87%	-2.8%
LYB	Buy	LYONDELLBASELL INDUSTRIES N	$28,527,000	+14.5%	262,536	+2.9%	1.85%	+14.6%
GS	Buy	GOLDMAN SACHS GROUP INC	$27,887,000	+12.3%	151,915	+2.4%	1.81%	+12.5%
HAL	Sell	HALLIBURTON CO	$26,799,000	-18.7%	415,423	-10.5%	1.74%	-18.6%
AVGO	Sell	AVAGO TECHNOLOGIES LTD	$26,481,000	+18.8%	304,385	-1.6%	1.72%	+18.9%
PII	Sell	POLARIS INDS INC	$26,455,000	+12.6%	176,614	-2.1%	1.71%	+12.7%
CVS	Sell	CVS CAREMARK CORPORATION	$26,446,000	+4.4%	332,273	-1.1%	1.71%	+4.5%
LNC	Buy	LINCOLN NATL CORP IND	$25,338,000	+58.5%	472,892	+52.2%	1.64%	+58.7%
QCOM	Sell	QUALCOMM INC	$24,707,000	-46.8%	330,444	-43.7%	1.60%	-46.8%
BIIB	New	BIOGEN IDEC INC	$24,215,000	–	73,200	–	1.57%	–
MCK	Sell	MCKESSON CORP	$23,907,000	+2.9%	122,808	-1.5%	1.55%	+3.1%
TRN	Sell	TRINITY INDS INC	$22,989,000	-22.7%	492,060	-27.7%	1.49%	-22.6%
JLL	New	JONES LANG LASALLE INC	$22,135,000	–	175,200	–	1.43%	–
FFIV	Buy	F5 NETWORKS INC	$21,405,000	+75.1%	180,269	+64.4%	1.39%	+75.2%
SNDK	Sell	SANDISK CORP	$20,905,000	-14.1%	213,421	-8.5%	1.35%	-14.0%
RTN	Sell	RAYTHEON CO	$20,782,000	-9.9%	204,506	-18.2%	1.35%	-9.7%
JNJ	Buy	JOHNSON & JOHNSON	$20,252,000	+10.6%	190,000	+8.6%	1.31%	+10.7%
WDC	Sell	WESTERN DIGITAL CORP	$19,994,000	+2.8%	205,450	-2.5%	1.30%	+2.9%
BEAV	Buy	B/E AEROSPACE INC	$19,494,000	+18.7%	232,236	+30.8%	1.26%	+18.8%
DOV	Sell	DOVER CORP	$19,373,000	-13.0%	241,162	-1.5%	1.25%	-12.9%
ADS	Sell	ALLIANCE DATA SYSTEMS CORP	$18,233,000	-30.6%	73,441	-21.3%	1.18%	-30.4%
IVZ	New	INVESCO LTD	$18,228,000	–	461,700	–	1.18%	–
UTHR	Sell	UNITED THERAPEUTICS CORP	$17,495,000	-0.2%	135,989	-31.4%	1.13%	-0.1%
BRCD	Sell	BROCADE COMMUNICATIONS SYS I	$17,285,000	-19.7%	1,590,123	-32.0%	1.12%	-19.6%
TMK	Buy	TORCHMARK CORP	$17,267,000	-5.3%	329,715	+48.2%	1.12%	-5.2%
MDVN	New	MEDIVATION INC	$16,882,000	–	170,746	–	1.09%	–
SWKS	Sell	SKYWORKS SOLUTIONS INC	$16,704,000	+19.6%	287,746	-3.3%	1.08%	+19.8%
DIS	Buy	DISNEY WALT CO	$16,471,000	+54.9%	185,000	+49.2%	1.07%	+55.1%
SNA	Sell	SNAP ON INC	$15,992,000	-0.1%	132,075	-2.2%	1.04%	+0.1%
RE	Sell	EVEREST RE GROUP LTD	$15,170,000	-1.5%	93,636	-2.4%	0.98%	-1.4%
TTM	Buy	TATA MTRS LTDsponsored adr	$14,093,000	+12.1%	322,430	+0.2%	0.91%	+12.3%
ORCL	Sell	ORACLE CORP	$14,054,000	-15.9%	367,126	-10.9%	0.91%	-15.7%
AME	Sell	AMETEK INC NEW	$13,267,000	-6.1%	264,222	-2.3%	0.86%	-6.0%
VRNT	Buy	VERINT SYS INC	$13,253,000	+17.8%	238,320	+3.9%	0.86%	+17.9%
IFF	Buy	INTERNATIONAL FLAVORS & FRANGRA	$13,231,000	+24.4%	138,000	+35.3%	0.86%	+24.6%
AIZ	Sell	ASSURANT INC	$12,393,000	-5.1%	192,741	-3.3%	0.80%	-5.1%
TDY	Sell	TELEDYNE TECHNOLOGIES INC	$12,366,000	-6.5%	131,541	-3.3%	0.80%	-6.3%
NVDA	Sell	NVIDIA CORP	$12,085,000	-2.4%	654,999	-1.9%	0.78%	-2.2%
VLO	Sell	VALERO ENERGY CORP NEW	$11,483,000	-9.2%	248,164	-1.7%	0.74%	-9.0%
SYNA	Sell	SYNAPTICS INC	$10,859,000	-22.1%	148,344	-3.6%	0.70%	-22.1%
GD	New	GENERAL DYNAMICS CORP	$10,421,000	–	82,000	–	0.68%	–
HOLI	Sell	HOLLSYS AUTOMATION TECHNOLO	$9,943,000	-10.6%	442,123	-2.6%	0.64%	-10.4%
GIII	Sell	G-III APPAREL GROUP LTD	$9,684,000	-2.1%	116,871	-3.5%	0.63%	-2.0%
AMBA	New	AMBARELLA INC	$9,277,000	–	212,429	–	0.60%	–
ARRS	Sell	ARRIS GROUP INC NEW	$8,896,000	-16.0%	313,730	-3.6%	0.58%	-15.9%
DLX	Sell	DELUXE CORP	$8,243,000	-9.2%	149,437	-3.5%	0.53%	-9.0%
HES	New	HESS CORP	$7,923,000	–	84,000	–	0.51%	–
ENS	Sell	ENERSYS	$7,890,000	-17.8%	134,553	-3.5%	0.51%	-17.6%
AFSI	Sell	AMTRUST FINANCIAL SERVICES I	$7,527,000	-8.1%	189,021	-3.5%	0.49%	-8.1%
SYA	Sell	SYMETRA FINL CORP	$7,496,000	-1.3%	321,300	-3.8%	0.48%	-1.2%
SNX	New	SYNNEX CORP	$6,571,000	–	101,668	–	0.42%	–
SAFM	New	SANDERSON FARMS INC	$6,389,000	–	72,638	–	0.41%	–
PLXS	Sell	PLEXUS CORP	$6,343,000	-17.8%	171,766	-3.6%	0.41%	-17.6%
MENT	Sell	MENTOR GRAPHICS CORP	$6,226,000	-8.3%	303,768	-3.5%	0.40%	-8.2%
MMS	Sell	MAXIMUS INC	$5,679,000	-9.8%	141,514	-3.3%	0.37%	-9.6%
ATRO	Sell	ASTRONICS CORP	$5,132,000	-18.3%	107,636	-3.2%	0.33%	-18.2%
WX	Sell	WUXI PHARMATECH CAYMAN INC	$3,743,000	-38.4%	106,893	-42.2%	0.24%	-38.4%
ATROB	New	ASTRONICS CORP	$1,069,000	–	22,509	–	0.07%	–
SMCI	New	SUPER MICRO COMPUTER INC	$210,000	–	7,126	–	0.01%	–
MD	Exit	MEDNAX INC	$0	–	-3,564	–	-0.01%	–
UBNT	Exit	UBIQUITI NETWORKS INC	$0	–	-4,571	–	-0.01%	–
AXE	Exit	ANIXTER INTL INC	$0	–	-2,167	–	-0.01%	–
ASGN	Exit	ON ASSIGNMENT INC	$0	–	-6,165	–	-0.01%	–
HURN	Exit	HURON CONSULTING GROUP INC	$0	–	-2,999	–	-0.01%	–
WEB	Exit	WEB COM GROUP INC	$0	–	-8,688	–	-0.02%	–
MEAS	Exit	MEASUREMENT SPECIALTIES INC	$0	–	-3,543	–	-0.02%	–
MBT	Exit	MOBILE TELESYSTEMS OJSCsponsored adr	$0	–	-103,840	–	-0.13%	–
FNSR	Exit	FINISAR CORP	$0	–	-263,800	–	-0.34%	–
HSIC	Exit	SCHEIN HENRY INC	$0	–	-44,500	–	-0.34%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-76,000	–	-0.40%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-67,000	–	-0.44%	–
WDR	Exit	WADDELL & REED FINL INCcl a	$0	–	-115,920	–	-0.47%	–
SLXP	Exit	SALIX PHARMACEUTICALS INC	$0	–	-65,736	–	-0.52%	–
AAN	Exit	AARONS INC	$0	–	-261,286	–	-0.60%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-303,489	–	-0.76%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-91,000	–	-0.77%	–
CPA	Exit	COPA HOLDINGS SAcl a	$0	–	-94,255	–	-0.87%	–
ICON	Exit	ICONIX BRAND GROUP INC	$0	–	-315,162	–	-0.88%	–
CBI	Exit	CHICAGO BRIDGE & IRON CO N V	$0	–	-356,974	–	-1.58%	–

Q2 2014

			Value		Shares		↓ Weighting
AAPL	New	APPLE INC	$59,471,000	–	639,954	–	3.85%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$47,497,000	–	2,220,521	–	3.07%	–
QCOM	New	QUALCOMM INC	$46,470,000	–	586,744	–	3.01%	–
HP	New	HELMERICH & PAYNE INC	$41,564,000	–	357,968	–	2.69%	–
GILD	New	GILEAD SCIENCES INC	$36,869,000	–	444,690	–	2.38%	–
DFS	New	DISCOVER FINL SVCS	$35,047,000	–	565,464	–	2.27%	–
AET	New	AETNA INC NEW	$34,599,000	–	426,730	–	2.24%	–
HAL	New	HALLIBURTON CO	$32,957,000	–	464,123	–	2.13%	–
CI	New	CIGNA CORP	$31,411,000	–	341,534	–	2.03%	–
WLL	New	WHITING PETE CORP NEW	$31,398,000	–	391,251	–	2.03%	–
WLK	New	WETLAKE CHEM CORP	$30,259,000	–	361,257	–	1.96%	–
WFC	New	WELLS FARGO & CO NEW	$29,803,000	–	567,032	–	1.93%	–
TRN	New	TRINITY INDS INC	$29,750,000	–	680,460	–	1.92%	–
BLK	New	BLACKROCK INC	$28,954,000	–	90,596	–	1.87%	–
CELG	New	CELGEN CORP	$28,477,000	–	331,586	–	1.84%	–
LEA	New	LEAR CORP	$27,382,000	–	306,559	–	1.77%	–
JAZZ	New	JAZZ PHARMACEUTICAL PLC	$27,289,000	–	185,628	–	1.76%	–
ADS	New	ALLIANCE DATA SYSTEMS CORP	$26,259,000	–	93,366	–	1.70%	–
NTES	New	NETEASE INCsponsored adr	$26,000,000	–	331,805	–	1.68%	–
CVS	New	CVS CAREMARK CORPORATION	$25,330,000	–	336,073	–	1.64%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$24,924,000	–	255,236	–	1.61%	–
GS	New	GOLDMAN SACHS GROUP INC	$24,834,000	–	148,315	–	1.61%	–
CBI	New	CHICAGO BRIDGE & IRON CO N V	$24,346,000	–	356,974	–	1.58%	–
SNDK	New	SANDISK CORP	$24,345,000	–	233,121	–	1.58%	–
PII	New	POLARIS INDS INC	$23,497,000	–	180,414	–	1.52%	–
BRCM	New	BROADCOM CORPcl a	$23,438,000	–	631,400	–	1.52%	–
MCK	New	MCKESSON CORP	$23,222,000	–	124,708	–	1.50%	–
RTN	New	RAYTHEON CO	$23,054,000	–	249,906	–	1.49%	–
AVGO	New	AVAGO TECHNOLOGIES LTD	$22,290,000	–	309,285	–	1.44%	–
DOV	New	DOVER CORP	$22,261,000	–	244,762	–	1.44%	–
BRCD	New	BROCADE COMMUNICATIONS SYS I	$21,528,000	–	2,340,021	–	1.39%	–
WDC	New	WESTERN DIGITAL CORP	$19,443,000	–	210,650	–	1.26%	–
JNJ	New	JOHNSON & JOHNSON	$18,309,000	–	175,000	–	1.18%	–
TMK	New	TORCHMARK CORP	$18,225,000	–	222,477	–	1.18%	–
AON	New	AON PLC	$17,827,000	–	197,885	–	1.15%	–
UTHR	New	UNITED THERAPEUTICS CORP	$17,533,000	–	198,132	–	1.13%	–
ORCL	New	ORACLE CORP	$16,703,000	–	412,126	–	1.08%	–
BEAV	New	B/E AEROSPACE INC	$16,420,000	–	177,536	–	1.06%	–
SNA	New	SNAP ON INC	$16,009,000	–	135,075	–	1.04%	–
LNC	New	LINCOLN NATL CORP IND	$15,987,000	–	310,792	–	1.03%	–
RE	New	EVEREST RE GROUP LTD	$15,397,000	–	95,936	–	1.00%	–
MMM	New	3M CO	$14,346,000	–	100,152	–	0.93%	–
AME	New	AMETEK INC NEW	$14,132,000	–	270,322	–	0.91%	–
SWKS	New	SKYWORKS SOLUTIONS INC	$13,968,000	–	297,446	–	0.90%	–
SYNA	New	SYNAPTICS INC	$13,944,000	–	153,844	–	0.90%	–
ICON	New	ICONIX BRAND GROUP INC	$13,533,000	–	315,162	–	0.88%	–
CPA	New	COPA HOLDINGS SAcl a	$13,438,000	–	94,255	–	0.87%	–
TDY	New	TELEDYNE TECHNOLOGIES INC	$13,219,000	–	136,041	–	0.86%	–
AIZ	New	ASSURANT INC	$13,060,000	–	199,241	–	0.84%	–
VLO	New	VALERO ENERGY CORP NEW	$12,648,000	–	252,464	–	0.82%	–
TTM	New	TATA MTRS LTDsponsored adr	$12,575,000	–	321,930	–	0.81%	–
NVDA	New	NVIDIA CORP	$12,383,000	–	667,899	–	0.80%	–
FFIV	New	F5 NETWORKS INC	$12,222,000	–	109,669	–	0.79%	–
CVX	New	CHEVRON CORP NEW	$11,880,000	–	91,000	–	0.77%	–
SNPS	New	SYNOPSYS INC	$11,781,000	–	303,489	–	0.76%	–
VRNT	New	VERINT SYS INC	$11,253,000	–	229,420	–	0.73%	–
HOLI	New	HOLLSYS AUTOMATION TECHNOLO	$11,119,000	–	454,023	–	0.72%	–
DIS	New	DISNEY WALT CO	$10,632,000	–	124,000	–	0.69%	–
IFF	New	INTERNATIONAL FLAVORS & FRANGRA	$10,637,000	–	102,000	–	0.69%	–
ARRS	New	ARRIS GROUP INC NEW	$10,586,000	–	325,430	–	0.68%	–
HCA	New	HCA HOLDINGS INC	$10,378,000	–	184,079	–	0.67%	–
CMI	New	CUMMINS INC	$10,337,000	–	67,000	–	0.67%	–
GIII	New	G-III APPAREL GROUP LTD	$9,895,000	–	121,171	–	0.64%	–
V	New	VISA INC	$9,856,000	–	46,775	–	0.64%	–
ALXN	New	ALEXION PHARMACEUTICALS INC	$9,766,000	–	62,500	–	0.63%	–
ENS	New	ENERSYS	$9,593,000	–	139,453	–	0.62%	–
MSFT	New	MICROSOFT CORP	$9,316,000	–	223,394	–	0.60%	–
AAN	New	AARONS INC	$9,312,000	–	261,286	–	0.60%	–
DLX	New	DELUXE CORP	$9,076,000	–	154,937	–	0.59%	–
AFSI	New	AMTRUST FINANCIAL SERVICES I	$8,191,000	–	195,921	–	0.53%	–
SLXP	New	SALIX PHARMACEUTICALS INC	$8,109,000	–	65,736	–	0.52%	–
PLXS	New	PLEXUS CORP	$7,717,000	–	178,266	–	0.50%	–
SYA	New	SYMETRA FINL CORP	$7,595,000	–	334,000	–	0.49%	–
WDR	New	WADDELL & REED FINL INCcl a	$7,255,000	–	115,920	–	0.47%	–
MENT	New	MENTOR GRAPHICS CORP	$6,790,000	–	314,768	–	0.44%	–
XOM	New	EXXON MOBIL CORP	$6,746,000	–	67,000	–	0.44%	–
MMS	New	MAXIMUS INC	$6,299,000	–	146,414	–	0.41%	–
ATRO	New	ASTRONICS CORP	$6,279,000	–	111,236	–	0.41%	–
ACN	New	ACCENTURE PLC IRELAND	$6,144,000	–	76,000	–	0.40%	–
WX	New	WUXI PHARMATECH CAYMAN INC	$6,076,000	–	184,893	–	0.39%	–
GOOGL	New	GOOGLE INCcl a	$5,465,000	–	9,347	–	0.35%	–
GOOG	New	GOOGLE INCcl c	$5,377,000	–	9,347	–	0.35%	–
HSIC	New	SCHEIN HENRY INC	$5,281,000	–	44,500	–	0.34%	–
FNSR	New	FINISAR CORP	$5,210,000	–	263,800	–	0.34%	–
EDU	New	NEW ORIENTAL ED & TECH GRP Ispon adr	$3,634,000	–	136,772	–	0.24%	–
QIHU	New	QIHOO 360 TECHNOLOGY CO LTDads	$3,557,000	–	38,644	–	0.23%	–
NXPI	New	NXP SEMICONDUCTORS N V	$3,018,000	–	45,600	–	0.20%	–
MBT	New	MOBILE TELESYSTEMS OJSCsponsored adr	$2,050,000	–	103,840	–	0.13%	–
EWT	New	ISHARESmsci taiwan etf	$539,000	–	34,092	–	0.04%	–
GBX	New	GREENBRIER COS INC	$390,000	–	6,763	–	0.02%	–
MEAS	New	MEASUREMENT SPECIALTIES INC	$305,000	–	3,543	–	0.02%	–
THRM	New	GENTHERM INC	$286,000	–	6,429	–	0.02%	–
ASX	New	ADVANCED SEMICONDUCTOR ENGRsponsored adr	$269,000	–	41,459	–	0.02%	–
WEB	New	WEB COM GROUP INC	$251,000	–	8,688	–	0.02%	–
USNA	New	USANA HEALTH SCINCES INC	$241,000	–	3,082	–	0.02%	–
UEIC	New	UNIVERSAL ELECTRS INC	$235,000	–	4,815	–	0.02%	–
AXE	New	ANIXTER INTL INC	$217,000	–	2,167	–	0.01%	–
HURN	New	HURON CONSULTING GROUP INC	$212,000	–	2,999	–	0.01%	–
ASGN	New	ON ASSIGNMENT INC	$219,000	–	6,165	–	0.01%	–
ATK	New	ALLIANT TECHSYSTEMS INC	$218,000	–	1,625	–	0.01%	–
PIPR	New	PIPER JAFFRAY COS	$201,000	–	3,876	–	0.01%	–
UBNT	New	UBIQUITI NETWORKS INC	$207,000	–	4,571	–	0.01%	–
MD	New	MEDNAX INC	$207,000	–	3,564	–	0.01%	–

Q4 2013

			Value		Shares		↓ Weighting
DORM	Exit	DORMAN PRODUCTS	$0	–	-4,058	–	-0.02%	–
ASGN	Exit	ON ASSIGNMENT	$0	–	-6,165	–	-0.02%	–
TW	Exit	TOWERS WATSON & COcl a	$0	–	-1,973	–	-0.02%	–
CMD	Exit	CANTEL MED	$0	–	-6,661	–	-0.02%	–
HCI	Exit	HCI GROUP INC	$0	–	-5,356	–	-0.02%	–
MWIV	Exit	MWI VETERINARY SUPPLY	$0	–	-1,653	–	-0.02%	–
USNA	Exit	USANA HLTH SCIS	$0	–	-3,082	–	-0.02%	–
DXPE	Exit	DXP ENTERPRISES	$0	–	-3,350	–	-0.02%	–
WEB	Exit	WEB.COM GROUP	$0	–	-8,688	–	-0.02%	–
TTM	Exit	TATA MOTORS ADRsponsored adr	$0	–	-26,656	–	-0.05%	–
CTCM	Exit	CTC MEDIA	$0	–	-82,700	–	-0.06%	–
EDU	Exit	NEW ORIENTAL ED & TECHspon adr	$0	–	-39,840	–	-0.07%	–
WX	Exit	WUXI PHARMATECH ADR	$0	–	-51,450	–	-0.10%	–
PFE	Exit	PFIZER	$0	–	-211,000	–	-0.45%	–
CNHI	Exit	CNH INDUSTRIAL	$0	–	-485,390	–	-0.45%	–
SYNT	Exit	SYNTEL	$0	–	-76,938	–	-0.46%	–
ARRS	Exit	ARRIS GROUP INC	$0	–	-382,400	–	-0.49%	–
NSR	Exit	NEUSTAR CLASS Acl a	$0	–	-144,900	–	-0.54%	–
DLX	Exit	DELUXE	$0	–	-181,075	–	-0.56%	–
TRN	Exit	TRINITY INDUSTRIES	$0	–	-167,236	–	-0.56%	–
AIT	Exit	APPLIED IND TECHS	$0	–	-147,929	–	-0.57%	–
WETF	Exit	WISDOMTREE INVESTMENT INC	$0	–	-658,553	–	-0.57%	–
MSFT	Exit	MICROSOFT	$0	–	-230,100	–	-0.57%	–
XOM	Exit	EXXON MOBIL	$0	–	-90,600	–	-0.58%	–
PLXS	Exit	PLEXUS	$0	–	-212,316	–	-0.59%	–
SYNA	Exit	SYNAPTICS	$0	–	-179,976	–	-0.59%	–
FOXA	Exit	TWENTY-FIRST CENTURY-A WIcl a	$0	–	-238,400	–	-0.60%	–
ACN	Exit	ACCENTURE	$0	–	-111,000	–	-0.61%	–
MMM	Exit	3M CO	$0	–	-69,200	–	-0.62%	–
LLY	Exit	ELI LILLY	$0	–	-171,427	–	-0.64%	–
MENT	Exit	MENTOR GRAPHICS	$0	–	-369,502	–	-0.64%	–
LNN	Exit	LINDSAY MANUFACTURING	$0	–	-107,700	–	-0.66%	–
TDY	Exit	TELEDYNE TECHS	$0	–	-103,770	–	-0.66%	–
AFSI	Exit	AMTRUST FINANCIAL SERVICE	$0	–	-229,620	–	-0.67%	–
LNC	Exit	LINCOLN NATIONAL	$0	–	-216,000	–	-0.68%	–
SWM	Exit	SCHWEITZER-MAUDUIT INTL	$0	–	-156,400	–	-0.71%	–
ORCL	Exit	ORACLE	$0	–	-285,900	–	-0.71%	–
GA	Exit	GIANT INTERACTIVE ADRadr	$0	–	-1,061,900	–	-0.72%	–
ENS	Exit	ENERSYS	$0	–	-163,808	–	-0.74%	–
AON	Exit	AON	$0	–	-140,500	–	-0.78%	–
PL	Exit	PROTECTIVE LIFE	$0	–	-256,686	–	-0.81%	–
MET	Exit	METLIFE	$0	–	-248,600	–	-0.87%	–
SNDK	Exit	SANDISK	$0	–	-198,400	–	-0.88%	–
TRMB	Exit	TRIMBLE NAVIGATION	$0	–	-409,500	–	-0.91%	–
FLIR	Exit	FLIR SYSTEMS	$0	–	-419,652	–	-0.98%	–
STX	Exit	SEAGATE TECHNOLOGY	$0	–	-304,750	–	-0.99%	–
COO	Exit	COOPER COMPANIES	$0	–	-108,350	–	-1.05%	–
NUS	Exit	NU SKIN ENTS Acl a	$0	–	-147,208	–	-1.05%	–
HP	Exit	HELMERICH & PAYNE	$0	–	-209,100	–	-1.08%	–
MA	Exit	MASTERCARDcl a	$0	–	-21,600	–	-1.08%	–
TGI	Exit	TRIUMPH GROUP	$0	–	-207,200	–	-1.08%	–
MIDD	Exit	MIDDLEBY	$0	–	-71,507	–	-1.11%	–
SNA	Exit	SNAP-ON	$0	–	-151,723	–	-1.12%	–
ROP	Exit	ROPER INDS NEW	$0	–	-114,961	–	-1.14%	–
NTAP	Exit	NETAPP	$0	–	-369,300	–	-1.17%	–
CPA	Exit	COPA HOLDINGS S Acl a	$0	–	-113,729	–	-1.18%	–
WDC	Exit	WESTERN DIGITAL	$0	–	-282,223	–	-1.33%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-775,930	–	-1.36%	–
V	Exit	VISA CLASS A SHARES	$0	–	-95,560	–	-1.36%	–
NTES	Exit	NETEASE INC ADRsponsored adr	$0	–	-259,890	–	-1.41%	–
CVS	Exit	CVS CAREMARK	$0	–	-360,900	–	-1.53%	–
ALL	Exit	ALLSTATE CORP	$0	–	-414,200	–	-1.56%	–
SM	Exit	ST MARY LAND & EXP	$0	–	-272,200	–	-1.57%	–
AAPL	Exit	APPLE	$0	–	-44,919	–	-1.60%	–
AFL	Exit	AFLAC	$0	–	-350,330	–	-1.62%	–
SNPS	Exit	SYNOPSYS	$0	–	-594,462	–	-1.67%	–
UTHR	Exit	UNITED THERAPEUTICS CORP	$0	–	-285,663	–	-1.68%	–
EV	Exit	EATON VANCE	$0	–	-618,702	–	-1.79%	–
AME	Exit	AMETEK	$0	–	-524,925	–	-1.80%	–
TSM	Exit	TAIWAN SEMICON SP ADRsponsored adr	$0	–	-1,435,403	–	-1.82%	–
JAZZ	Exit	JAZZ PHARMACEUTICALS	$0	–	-264,841	–	-1.82%	–
LEA	Exit	LEAR CORP	$0	–	-340,800	–	-1.82%	–
TMK	Exit	TORCHMARK CORP	$0	–	-344,520	–	-1.86%	–
DOV	Exit	DOVER	$0	–	-280,708	–	-1.88%	–
WFC	Exit	WELLS FARGO & CO	$0	–	-619,000	–	-1.91%	–
PII	Exit	POLARIS INDUSTRIES	$0	–	-200,848	–	-1.93%	–
MCK	Exit	MCKESSON HBOC	$0	–	-207,882	–	-1.99%	–
HUM	Exit	HUMANAcl a	$0	–	-290,350	–	-2.02%	–
CVX	Exit	CHEVRON CORP	$0	–	-224,722	–	-2.04%	–
ADS	Exit	ALLIANCE DATA SYSTEMS	$0	–	-133,735	–	-2.11%	–
AET	Exit	AETNA INC	$0	–	-465,546	–	-2.22%	–
AGCO	Exit	AGCO CORP	$0	–	-498,100	–	-2.24%	–
HAL	Exit	HALLIBURTON	$0	–	-631,200	–	-2.27%	–
BLK	Exit	BLACKROCK	$0	–	-112,650	–	-2.27%	–
GS	Exit	GOLDMAN SACHS GROUP	$0	–	-202,400	–	-2.39%	–
DFS	Exit	DISCOVER FINANCIAL SVS.	$0	–	-671,160	–	-2.53%	–
CELG	Exit	CELGENE	$0	–	-229,730	–	-2.64%	–
CI	Exit	CIGNA	$0	–	-476,650	–	-2.73%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-750,700	–	-2.89%	–
QCOM	Exit	QUALCOMM	$0	–	-595,468	–	-2.99%	–

Q3 2013

			Value		Shares		↓ Weighting
QCOM	Sell	QUALCOMM	$40,111,000	+7.7%	595,468	-2.4%	2.99%	-7.8%
JPM	Buy	JP MORGAN CHASE & CO	$38,804,000	+17.0%	750,700	+19.5%	2.89%	+0.2%
CI	Sell	CIGNA	$36,635,000	+3.7%	476,650	-2.2%	2.73%	-11.2%
CELG	Sell	CELGENE	$35,362,000	+29.4%	229,730	-1.7%	2.64%	+10.8%
DFS	Sell	DISCOVER FINANCIAL SVS.	$33,920,000	+3.2%	671,160	-2.7%	2.53%	-11.6%
GS	Buy	GOLDMAN SACHS GROUP	$32,022,000	+44.1%	202,400	+37.8%	2.39%	+23.4%
BLK	Sell	BLACKROCK	$30,485,000	+2.9%	112,650	-2.3%	2.27%	-11.9%
HAL	Buy	HALLIBURTON	$30,392,000	+59.2%	631,200	+37.9%	2.27%	+36.3%
AGCO	Buy	AGCO CORP	$30,095,000	+110.9%	498,100	+75.2%	2.24%	+80.7%
AET	Sell	AETNA INC	$29,804,000	-1.3%	465,546	-2.0%	2.22%	-15.4%
ADS	Sell	ALLIANCE DATA SYSTEMS	$28,281,000	+15.0%	133,735	-1.6%	2.11%	-1.6%
CVX	Sell	CHEVRON CORP	$27,304,000	+0.7%	224,722	-1.9%	2.04%	-13.8%
HUM	New	HUMANAcl a	$27,098,000	–	290,350	–	2.02%	–
MCK	Sell	MCKESSON HBOC	$26,671,000	+9.1%	207,882	-2.6%	1.99%	-6.6%
PII	Sell	POLARIS INDUSTRIES	$25,946,000	+32.4%	200,848	-2.6%	1.93%	+13.4%
WFC	Buy	WELLS FARGO & CO	$25,577,000	+106.2%	619,000	+106.0%	1.91%	+76.6%
DOV	Buy	DOVER	$25,216,000	+54.2%	280,708	+33.3%	1.88%	+32.0%
TMK	Sell	TORCHMARK CORP	$24,926,000	+8.9%	344,520	-2.0%	1.86%	-6.8%
LEA	Buy	LEAR CORP	$24,391,000	+99.8%	340,800	+68.8%	1.82%	+71.0%
JAZZ	Buy	JAZZ PHARMACEUTICALS	$24,357,000	+192.9%	264,841	+118.9%	1.82%	+150.8%
TSM	Sell	TAIWAN SEMICON SP ADRsponsored adr	$24,344,000	-27.4%	1,435,403	-21.6%	1.82%	-37.8%
AME	Sell	AMETEK	$24,157,000	+5.8%	524,925	-2.7%	1.80%	-9.4%
EV	Sell	EATON VANCE	$24,024,000	+1.2%	618,702	-2.0%	1.79%	-13.3%
UTHR	Sell	UNITED THERAPEUTICS CORP	$22,525,000	+15.9%	285,663	-3.2%	1.68%	-0.8%
SNPS	Sell	SYNOPSYS	$22,411,000	+2.6%	594,462	-2.7%	1.67%	-12.1%
AFL	Sell	AFLAC	$21,717,000	+3.9%	350,330	-2.6%	1.62%	-11.0%
AAPL	Sell	APPLE	$21,415,000	+17.6%	44,919	-2.3%	1.60%	+0.8%
SM	New	ST MARY LAND & EXP	$21,011,000	–	272,200	–	1.57%	–
ALL	Sell	ALLSTATE CORP	$20,938,000	+3.1%	414,200	-1.8%	1.56%	-11.7%
CVS	Sell	CVS CAREMARK	$20,481,000	-2.3%	360,900	-1.5%	1.53%	-16.3%
NTES	Sell	NETEASE INC ADRsponsored adr	$18,871,000	+11.7%	259,890	-2.8%	1.41%	-4.4%
V	New	VISA CLASS A SHARES	$18,262,000	–	95,560	–	1.36%	–
CSCO	Sell	CISCO SYSTEMS	$18,172,000	-5.6%	775,930	-2.0%	1.36%	-19.2%
WDC	Sell	WESTERN DIGITAL	$17,893,000	-0.6%	282,223	-2.7%	1.33%	-14.9%
CPA	Sell	COPA HOLDINGS S Acl a	$15,771,000	+3.1%	113,729	-2.6%	1.18%	-11.8%
NTAP	Sell	NETAPP	$15,740,000	+10.4%	369,300	-2.1%	1.17%	-5.5%
ROP	Sell	ROPER INDS NEW	$15,275,000	-44.0%	114,961	-47.7%	1.14%	-52.1%
SNA	New	SNAP-ON	$15,096,000	–	151,723	–	1.12%	–
MIDD	Sell	MIDDLEBY	$14,939,000	+18.1%	71,507	-3.9%	1.11%	+1.1%
TGI	Sell	TRIUMPH GROUP	$14,550,000	-13.6%	207,200	-2.6%	1.08%	-26.0%
HP	Sell	HELMERICH & PAYNE	$14,417,000	+7.7%	209,100	-2.4%	1.08%	-7.7%
NUS	Sell	NU SKIN ENTS Acl a	$14,094,000	+50.4%	147,208	-4.0%	1.05%	+28.8%
COO	New	COOPER COMPANIES	$14,052,000	–	108,350	–	1.05%	–
STX	Sell	SEAGATE TECHNOLOGY	$13,330,000	-5.0%	304,750	-2.6%	0.99%	-18.7%
FLIR	Sell	FLIR SYSTEMS	$13,177,000	+13.4%	419,652	-2.6%	0.98%	-3.0%
TRMB	Sell	TRIMBLE NAVIGATION	$12,166,000	+11.3%	409,500	-2.6%	0.91%	-4.7%
SNDK	Sell	SANDISK	$11,807,000	-5.2%	198,400	-2.6%	0.88%	-18.8%
MET	Sell	METLIFE	$11,672,000	-0.0%	248,600	-2.6%	0.87%	-14.5%
PL	Sell	PROTECTIVE LIFE	$10,922,000	+6.8%	256,686	-3.6%	0.81%	-8.5%
ENS	Sell	ENERSYS	$9,932,000	+18.4%	163,808	-4.3%	0.74%	+1.2%
GA	New	GIANT INTERACTIVE ADRadr	$9,685,000	–	1,061,900	–	0.72%	–
ORCL	Sell	ORACLE	$9,483,000	-16.1%	285,900	-22.3%	0.71%	-28.2%
SWM	Sell	SCHWEITZER-MAUDUIT INTL	$9,467,000	+16.2%	156,400	-4.3%	0.71%	-0.6%
LNC	New	LINCOLN NATIONAL	$9,070,000	–	216,000	–	0.68%	–
AFSI	Buy	AMTRUST FINANCIAL SERVICE	$8,969,000	+15.3%	229,620	+5.3%	0.67%	-1.3%
TDY	Sell	TELEDYNE TECHS	$8,813,000	+5.0%	103,770	-4.4%	0.66%	-10.1%
LNN	Sell	LINDSAY MANUFACTURING	$8,790,000	+4.3%	107,700	-4.2%	0.66%	-10.8%
MENT	Sell	MENTOR GRAPHICS	$8,635,000	+14.5%	369,502	-4.2%	0.64%	-2.0%
FOXA	New	TWENTY-FIRST CENTURY-A WIcl a	$7,986,000	–	238,400	–	0.60%	–
SYNA	New	SYNAPTICS	$7,969,000	–	179,976	–	0.59%	–
PLXS	New	PLEXUS	$7,898,000	–	212,316	–	0.59%	–
WETF	Sell	WISDOMTREE INVESTMENT INC	$7,646,000	-3.8%	658,553	-4.2%	0.57%	-17.6%
AIT	Sell	APPLIED IND TECHS	$7,618,000	+1.9%	147,929	-4.3%	0.57%	-12.7%
TRN	Sell	TRINITY INDUSTRIES	$7,584,000	+13.2%	167,236	-4.1%	0.56%	-3.1%
DLX	Sell	DELUXE	$7,544,000	+14.8%	181,075	-4.5%	0.56%	-1.7%
NSR	Sell	NEUSTAR CLASS Acl a	$7,170,000	-2.5%	144,900	-4.1%	0.54%	-16.4%
ARRS	Sell	ARRIS GROUP INC	$6,524,000	+11.6%	382,400	-6.1%	0.49%	-4.5%
SYNT	Sell	SYNTEL	$6,163,000	+22.1%	76,938	-4.2%	0.46%	+4.3%
CNHI	New	CNH INDUSTRIAL	$6,067,000	–	485,390	–	0.45%	–
WX	New	WUXI PHARMATECH ADR	$1,410,000	–	51,450	–	0.10%	–
EDU	New	NEW ORIENTAL ED & TECHspon adr	$992,000	–	39,840	–	0.07%	–
TW	New	TOWERS WATSON & COcl a	$211,000	–	1,973	–	0.02%	–
HCI	New	HCI GROUP INC	$219,000	–	5,356	–	0.02%	–
CMD	New	CANTEL MED	$212,000	–	6,661	–	0.02%	–
DORM	New	DORMAN PRODUCTS	$201,000	–	4,058	–	0.02%	–
ASGN	New	ON ASSIGNMENT	$203,000	–	6,165	–	0.02%	–
EFX	Exit	EQUIFAX INC	$0	–	-73,700	–	-0.38%	–
CNH	Exit	CNH GLOBAL N V	$0	–	-126,800	–	-0.46%	–
XXIA	Exit	IXIA	$0	–	-380,676	–	-0.61%	–
NWSA	Exit	NEWS CORPcl a	$0	–	-238,400	–	-0.68%	–
CVI	Exit	CVR ENERGY INC	$0	–	-166,300	–	-0.69%	–
VCLK	Exit	VALUECLICK INC	$0	–	-423,583	–	-0.91%	–
WNR	Exit	WESTERN REFNG INC	$0	–	-519,800	–	-1.27%	–
MAT	Exit	MATTEL INC	$0	–	-645,472	–	-2.55%	–

Q2 2013

			Value		Shares		↓ Weighting
QCOM	New	QUALCOMM INC	$37,248,000	–	609,819	–	3.24%	–
CI	New	CIGNA CORP	$35,317,000	–	487,200	–	3.08%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$33,535,000	–	1,830,503	–	2.92%	–
JPM	New	JP MORGAN CHASE & CO	$33,173,000	–	628,400	–	2.89%	–
DFS	New	DISCOVER FINL SVCS	$32,854,000	–	689,630	–	2.86%	–
AET	New	AETNA INC NEW	$30,184,000	–	475,046	–	2.63%	–
BLK	New	BLACKROCK INC	$29,615,000	–	115,300	–	2.58%	–
MAT	New	MATTEL INC	$29,246,000	–	645,472	–	2.55%	–
CELG	New	CELGEN CORP	$27,325,000	–	233,730	–	2.38%	–
ROP	New	ROPER INDS INC NEW	$27,285,000	–	219,654	–	2.38%	–
CVX	New	CHEVRON CORP NEW	$27,115,000	–	229,125	–	2.36%	–
ADS	New	ALLIANCE DATA SYSTEMS CORP	$24,599,000	–	135,885	–	2.14%	–
MCK	New	MCKESSON CORP	$24,443,000	–	213,478	–	2.13%	–
EV	New	EATON VANCE CORP	$23,734,000	–	631,402	–	2.07%	–
TMK	New	TORCHMARK CORP	$22,896,000	–	351,490	–	1.99%	–
AME	New	AMETEK INC NEW	$22,823,000	–	539,562	–	1.99%	–
GS	New	GOLDMAN SACHS GROUP INC	$22,219,000	–	146,900	–	1.94%	–
SNPS	New	SYNOPSYS INC	$21,836,000	–	610,789	–	1.90%	–
CVS	New	CVS CAREMARK CORPORATION	$20,961,000	–	366,580	–	1.82%	–
AFL	New	AFLAC INC	$20,896,000	–	359,530	–	1.82%	–
ALL	New	ALLSTATE CORP	$20,307,000	–	422,000	–	1.77%	–
PII	New	POLARIS INDS INC	$19,599,000	–	206,308	–	1.71%	–
UTHR	New	UNITED THERAPEUTICS CORP	$19,429,000	–	295,182	–	1.69%	–
CSCO	New	CISCO SYS INC	$19,251,000	–	791,900	–	1.68%	–
HAL	New	HALLIBURTON CO	$19,095,000	–	457,700	–	1.66%	–
AAPL	New	APPLE INC	$18,205,000	–	45,962	–	1.58%	–
WDC	New	WESTERN DIGITAL CORP	$18,005,000	–	289,983	–	1.57%	–
NTES	New	NETEASE INCsponsored adr	$16,890,000	–	267,379	–	1.47%	–
TGI	New	TRIUMPH GROUP INC NEW	$16,835,000	–	212,700	–	1.47%	–
DOV	New	DOVER CORP	$16,352,000	–	210,558	–	1.42%	–
CPA	New	COPA HOLDINGS SAcl a	$15,304,000	–	116,719	–	1.33%	–
WNR	New	WESTERN REFNG INC	$14,591,000	–	519,800	–	1.27%	–
AGCO	New	AGCO CORP	$14,268,000	–	284,270	–	1.24%	–
NTAP	New	NETAPP INC	$14,258,000	–	377,400	–	1.24%	–
STX	New	SEAGATE TECHNOLOGY PLC	$14,032,000	–	313,000	–	1.22%	–
HP	New	HELMERICH & PAYNE INC	$13,383,000	–	214,300	–	1.16%	–
MIDD	New	MIDDLEBY CORP	$12,654,000	–	74,397	–	1.10%	–
SNDK	New	SANDISK CORP	$12,450,000	–	203,760	–	1.08%	–
MA	New	MASTERCARD INCcl a	$12,409,000	–	21,600	–	1.08%	–
WFC	New	WELLS FARGO & CO NEW	$12,402,000	–	300,500	–	1.08%	–
LEA	New	LEAR CORP	$12,207,000	–	201,900	–	1.06%	–
MET	New	METLIFE INC	$11,676,000	–	255,150	–	1.02%	–
FLIR	New	FLIR SYS INC	$11,620,000	–	430,852	–	1.01%	–
ORCL	New	ORACLE CORP	$11,302,000	–	367,900	–	0.98%	–
TRMB	New	TRIMBLE NAVIGATION LTD	$10,930,000	–	420,240	–	0.95%	–
VCLK	New	VALUECLICK INC	$10,454,000	–	423,583	–	0.91%	–
PL	New	PROTECTIVE LIFE CORP	$10,224,000	–	266,186	–	0.89%	–
NUS	New	NU SKIN ENTERPRISES INCcl a	$9,370,000	–	153,298	–	0.82%	–
AON	New	AON PLC	$9,041,000	–	140,500	–	0.79%	–
LNN	New	LINDSAY CORP	$8,428,000	–	112,400	–	0.73%	–
LLY	New	LILLY ELI & CO	$8,420,000	–	171,427	–	0.73%	–
ENS	New	ENERSYS	$8,390,000	–	171,095	–	0.73%	–
TDY	New	TELEDYNE TECHNOLOGIES INC	$8,397,000	–	108,560	–	0.73%	–
JAZZ	New	JAZZ PHARMACEUTICAL PLC	$8,316,000	–	120,991	–	0.72%	–
XOM	New	EXXON MOBIL CORP	$8,186,000	–	90,600	–	0.71%	–
SWM	New	SCHWEITZER-MAUDUIT INTL INC	$8,149,000	–	163,370	–	0.71%	–
ACN	New	ACCENTURE PLC IRELAND	$7,988,000	–	111,000	–	0.70%	–
MSFT	New	MICROSOFT CORP	$7,945,000	–	230,100	–	0.69%	–
WETF	New	WIDSOMTREE INVTS INC	$7,950,000	–	687,153	–	0.69%	–
CVI	New	CVR ENERGY INC	$7,883,000	–	166,300	–	0.69%	–
AFSI	New	AMTRUST FINANCIAL SERVICES I	$7,782,000	–	217,982	–	0.68%	–
NWSA	New	NEWS CORPcl a	$7,772,000	–	238,400	–	0.68%	–
MMM	New	3M CO	$7,567,000	–	69,200	–	0.66%	–
MENT	New	MENTOR GRAPHICS CORP	$7,543,000	–	385,827	–	0.66%	–
AIT	New	APPLIED INDL TECHNOLOGIES IN	$7,473,000	–	154,633	–	0.65%	–
NSR	New	NEUSTAR INCcl a	$7,356,000	–	151,100	–	0.64%	–
XXIA	New	IXIA	$7,004,000	–	380,676	–	0.61%	–
TRN	New	TRINITY INDS INC	$6,701,000	–	174,336	–	0.58%	–
DLX	New	DELUXE CORP	$6,569,000	–	189,585	–	0.57%	–
PFE	New	PFIZER INC	$5,910,000	–	211,000	–	0.52%	–
ARRS	New	ARRIS GROUP INC NEW	$5,845,000	–	407,320	–	0.51%	–
CNH	New	CNH GLOBAL N V	$5,282,000	–	126,800	–	0.46%	–
SYNT	New	SYNTEL INC	$5,049,000	–	80,308	–	0.44%	–
EFX	New	EQUIFAX INC	$4,343,000	–	73,700	–	0.38%	–
CTCM	New	CTC MEDIA INC	$920,000	–	82,700	–	0.08%	–
TTM	New	TATA MTRS LTDsponsored adr	$625,000	–	26,656	–	0.05%	–
USNA	New	USANA HEALTH SCINCES INC	$223,000	–	3,082	–	0.02%	–
DXPE	New	DXP ENTERPRISES INC NEW	$223,000	–	3,350	–	0.02%	–
WEB	New	WEB COM GROUP INC	$222,000	–	8,688	–	0.02%	–
MWIV	New	MWI VETERINARY SUPPLY INC	$204,000	–	1,653	–	0.02%	–

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