The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADOBE SYS INC COM 00724F101 279,741 2,977,869 SH   SOLE   2,977,869 0 0
AERCAP HOLDINGS NV SHS N00985106 29,385 680,830 SH   SOLE   680,830 0 0
AETNA INC NEW COM 00817Y108 274 2,530 SH   SOLE   2,530 0 0
ALASKA AIR GROUP INC COM 011659109 266 3,300 SH   SOLE   3,300 0 0
ALLEGHANY CORP DEL COM 017175100 1,515 3,170 SH   SOLE   3,170 0 0
ALLERGAN PLC SHS G0177J108 212,478 679,930 SH   SOLE   679,930 0 0
ALLSTATE CORP COM 020002101 263 4,240 SH   SOLE   4,240 0 0
ALPHABET INC CAP STK CL C 02079K107 312,144 411,322 SH   SOLE   411,322 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 263 6,210 SH   SOLE   6,210 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 217 11,460 SH   SOLE   11,460 0 0
AMERICAN EXPRESS CO COM 025816109 253 3,640 SH   SOLE   3,640 0 0
AMERIPRISE FINL INC COM 03076C106 246 2,310 SH   SOLE   2,310 0 0
AMGEN INC COM 031162100 273 1,680 SH   SOLE   1,680 0 0
AMTRUST FINL SVCS INC COM 032359309 269 4,370 SH   SOLE   4,370 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 109,400 875,199 SH   SOLE   875,199 0 0
ANTHEM INC COM 036752103 800 5,740 SH   SOLE   5,740 0 0
APPLE INC COM 037833100 231 2,190 SH   SOLE   2,190 0 0
ARAMARK COM 03852U106 397,153 12,314,822 SH   SOLE   12,314,822 0 0
ARMSTRONG WORLD INDS INC NEW COM 04247X102 85,282 1,864,907 SH   SOLE   1,864,907 0 0
ARRIS GROUP INC NEW COM 04270V106 355,926 11,642,994 SH   SOLE   11,642,994 0 0
AVAGO TECHNOLOGIES LTD SHS Y0486S104 30,304 208,780 SH   SOLE   208,780 0 0
BAXTER INTL INC COM 071813109 1,150 30,140 SH   SOLE   30,140 0 0
BLOCK H & R INC COM 093671105 1,030 30,930 SH   SOLE   30,930 0 0
CADENCE DESIGN SYSTEM INC COM 127387108 697 33,510 SH   SOLE   33,510 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 1,050 16,620 SH   SOLE   16,620 0 0
CARTER INC COM 146229109 269 3,020 SH   SOLE   3,020 0 0
CASTLIGHT HEALTH INC CL B 14862Q100 4,886 1,144,324 SH   SOLE   1,144,324 0 0
CELGENE CORP COM 151020104 285 2,380 SH   SOLE   2,380 0 0
CHARTER COMMUNICATIONS INC D CL A NEW 16117M305 174,369 952,318 SH   SOLE   952,318 0 0
CHEMTURA CORP COM NEW 163893209 232 8,490 SH   SOLE   8,490 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 187 390 SH   SOLE   390 0 0
CIGNA CORPORATION COM 125509109 811 5,540 SH   SOLE   5,540 0 0
CISCO SYS INC COM 17275R102 259 9,550 SH   SOLE   9,550 0 0
CIT GROUP INC COM NEW 125581801 174,352 4,391,749 SH   SOLE   4,391,749 0 0
CITRIX SYS INC COM 177376100 742 9,810 SH   SOLE   9,810 0 0
COMMSCOPE HLDG CO INC COM 20337X109 348,137 13,446,768 SH   SOLE   13,446,768 0 0
CORELOGIC INC COM 21871D103 229 6,750 SH   SOLE   6,750 0 0
COSTCO WHSL CORP NEW COM 22160K105 260 1,610 SH   SOLE   1,610 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 298 5,870 SH   SOLE   5,870 0 0
DISCOVER FINL SVCS COM 254709108 1,072 19,990 SH   SOLE   19,990 0 0
EBAY INC COM 278642103 1,054 38,350 SH   SOLE   38,350 0 0
ERICSSON ADR B SEK 10 294821608 35,611 3,705,667 SH   SOLE   3,705,667 0 0
EXPEDIA INC DEL COM NEW 30212P303 266 2,140 SH   SOLE   2,140 0 0
EXPEDITORS INTL WASH INC COM 302130109 1,054 23,370 SH   SOLE   23,370 0 0
EXPRESS INC COM 30219E103 773 44,710 SH   SOLE   44,710 0 0
FACEBOOK INC CL A 30303M102 262 2,500 SH   SOLE   2,500 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 193,108 1,351,068 SH   SOLE   1,351,068 0 0
FRESH MKT INC COM 35804H106 1,087 46,420 SH   SOLE   46,420 0 0
GENERAL DYNAMICS CORP COM 369550108 249 1,810 SH   SOLE   1,810 0 0
GILEAD SCIENCES INC COM 375558103 237 2,340 SH   SOLE   2,340 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 1,063 32,540 SH   SOLE   32,540 0 0
HAWAIIAN HOLDINGS INC COM 419879101 730 20,670 SH   SOLE   20,670 0 0
HD SUPPLY HLDGS INC COM 40416M105 126,010 4,196,149 SH   SOLE   4,196,149 0 0
HOME DEPOT INC COM 437076102 257 1,940 SH   SOLE   1,940 0 0
ILLINOIS TOOL WKS INC COM 452308109 260 2,800 SH   SOLE   2,800 0 0
INSPERITY INC COM 45778Q107 1,266 26,290 SH   SOLE   26,290 0 0
INTEL CORP COM 458140100 1,124 32,630 SH   SOLE   32,630 0 0
INTUIT COM 461202103 251 2,600 SH   SOLE   2,600 0 0
JARDEN CORP COM 471109108 101,303 1,773,514 SH   SOLE   1,773,514 0 0
JETBLUE AIRWAYS CORP COM 477143101 251 11,070 SH   SOLE   11,070 0 0
JUNIPER NETWORKS INC COM 48203R104 1,486 53,850 SH   SOLE   53,850 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 284,407 3,808,851 SH   SOLE   3,808,851 0 0
KRAFT HEINZ CO COM 500754106 106,473 1,463,340 SH   SOLE   1,463,340 0 0
L BRANDS INC COM 501797104 262 2,730 SH   SOLE   2,730 0 0
LEAR CORP COM NEW 521865204 1,582 12,880 SH   SOLE   12,880 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 474,416 11,636,410 SH   SOLE   11,636,410 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 71,008 1,676,291 SH   SOLE   1,676,291 0 0
LOGMEIN INC COM 54142L109 245 3,650 SH   SOLE   3,650 0 0
LOWES COS INC COM 548661107 259 3,400 SH   SOLE   3,400 0 0
MANPOWERGROUP INC COM 56418H100 695 8,240 SH   SOLE   8,240 0 0
MARATHON PETE CORP COM 56585A102 664 12,810 SH   SOLE   12,810 0 0
MASTERCARD INC CL A 57636Q104 260 2,670 SH   SOLE   2,670 0 0
MICRON TECHNOLOGY INC COM 595112103 1,442 101,840 SH   SOLE   101,840 0 0
MICROSOFT CORP COM 594918104 1,656 29,850 SH   SOLE   29,850 0 0
MICROSTRATEGY INC CL A NEW 594972408 1,173 6,540 SH   SOLE   6,540 0 0
MOODYS CORP COM 615369105 244 2,430 SH   SOLE   2,430 0 0
NAVIENT CORP COM 63938C108 1,560 136,220 SH   SOLE   136,220 0 0
NEWELL RUBBERMAID INC COM 651229106 183,693 4,167,268 SH   SOLE   4,167,268 0 0
NEXSTAR BROADCASTING GROUP I CL A 65336K103 1,625 27,690 SH   SOLE   27,690 0 0
NIKE INC CL B 654106103 1,575 25,200 SH   SOLE   25,200 0 0
NORTHSTAR RLTY FIN CORP COM 66704R803 62,254 3,655,573 SH   SOLE   3,655,573 0 0
NVR INC COM 62944T105 1,576 959 SH   SOLE   959 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 1,541 6,080 SH   SOLE   6,080 0 0
OLD REP INTL CORP COM 680223104 131,050 7,034,340 SH   SOLE   7,034,340 0 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108 99,279 7,561,268 SH   SOLE   7,561,268 0 0
PFIZER INC COM 717081103 364,730 11,298,953 SH   SOLE   11,298,953 0 0
PINNACLE FOODS INC DEL COM 72348P104 205,896 4,849,185 SH   SOLE   4,849,185 0 0
POLYCOM INC COM 73172K104 1,511 120,020 SH   SOLE   120,020 0 0
PRICELINE GRP INC COM NEW 741503403 1,643 1,289 SH   SOLE   1,289 0 0
PROGRESSIVE CORP OHIO COM 743315103 1,674 52,640 SH   SOLE   52,640 0 0
RADIAN GROUP INC COM 750236101 198,818 14,848,241 SH   SOLE   14,848,241 0 0
REYNOLDS AMERICAN INC COM 761713106 1,112 24,090 SH   SOLE   24,090 0 0
ROSS STORES INC COM 778296103 1,682 31,260 SH   SOLE   31,260 0 0
SABRE CORP COM 78573M104 365,197 13,056,726 SH   SOLE   13,056,726 0 0
SANOFI SPONSORED ADR 80105N105 3,894 91,300 SH   SOLE   91,300 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 223,739 14,116,046 SH   SOLE   14,116,046 0 0
SEALED AIR CORP NEW COM 81211K100 1,595 35,770 SH   SOLE   35,770 0 0
SENSATA TECHNOLOGIES HLDG NV SHS N7902X106 236,344 5,131,212 SH   SOLE   5,131,212 0 0
SMITH A O COM 831865209 719 9,380 SH   SOLE   9,380 0 0
SONIC CORP COM 835451105 1,254 38,800 SH   SOLE   38,800 0 0
SOUTHWEST AIRLS CO COM 844741108 245 5,680 SH   SOLE   5,680 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 1,076 21,480 SH   SOLE   21,480 0 0
STARBUCKS CORP COM 855244109 1,097 18,270 SH   SOLE   18,270 0 0
STARZ COM SER A 85571Q102 1,077 32,160 SH   SOLE   32,160 0 0
TESORO CORP COM 881609101 1,484 14,080 SH   SOLE   14,080 0 0
TESSERA TECHNOLOGIES INC COM 88164L100 1,529 50,940 SH   SOLE   50,940 0 0
TEXAS INSTRS INC COM 882508104 1,070 19,520 SH   SOLE   19,520 0 0
TRANSDIGM GROUP INC COM 893641100 301,476 1,319,660 SH   SOLE   1,319,660 0 0
ULTA SALON COSMETCS & FRAG I COM 90384S303 1,778 9,610 SH   SOLE   9,610 0 0
UNITED CONTL HLDGS INC COM 910047109 1,167 20,360 SH   SOLE   20,360 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102 1,655 10,570 SH   SOLE   10,570 0 0
UNITEDHEALTH GROUP INC COM 91324P102 162,441 1,380,832 SH   SOLE   1,380,832 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 95,094 795,832 SH   SOLE   795,832 0 0
VALERO ENERGY CORP NEW COM 91913Y100 1,617 22,870 SH   SOLE   22,870 0 0
VASCO DATA SEC INTL INC COM 92230Y104 1,422 85,000 SH   SOLE   85,000 0 0
VIRGIN AMER INC COM VTG 92765X208 1,606 44,590 SH   SOLE   44,590 0 0
VULCAN MATLS CO COM 929160109 57,647 606,997 SH   SOLE   606,997 0 0
WASTE CONNECTIONS INC COM 941053100 144,095 2,558,501 SH   SOLE   2,558,501 0 0
WEBMD HEALTH CORP COM 94770V102 1,733 35,890 SH   SOLE   35,890 0 0
WILLIAMS SONOMA INC COM 969904101 1,496 25,620 SH   SOLE   25,620 0 0
XILINX INC COM 983919101 1,534 32,650 SH   SOLE   32,650 0 0
YELP INC CL A 985817105 125,578 4,360,359 SH   SOLE   4,360,359 0 0