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
2 U Inc. (TWOU) COM 90214J101 16,267 635,930 SH   SOLE   279,327 0 356,603
AAC Holdings (AAC) COM 000307108 9,598 313,849 SH   SOLE   126,949 0 186,900
AMN Healthcare Services (AHS) COM 001744101 2,543 110,229 SH   SOLE   110,229 0 0
ARC Document Solutions (ARC) COM 00191G103 14,023 1,519,232 SH   SOLE   732,604 0 786,628
ARDELYX (ARDX) COM 039697107 5,062 386,700 SH   SOLE   159,000 0 227,700
Abraxas Petroleum (AXAS) COM 003830106 2,600 800,000 SH   SOLE   0 0 800,000
Acceleron Pharm Inc (XLRN) COM 00434H108 3,007 79,000 SH   SOLE   67,000 0 12,000
Acelrx Pharma (ACRX) COM 00444T100 1,417 367,200 SH   SOLE   0 0 367,200
Actua Corp (ACTA) COM 005094107 4,373 282,340 SH   SOLE   113,400 0 168,940
Acuity Brands (AYI) COM 00508Y102 821 4,885 SH   SOLE   4,885 0 0
Adamas Pharmaceuticals (ADMS) COM 00548A106 3,935 225,000 SH   SOLE   0 0 225,000
Adeptus Health (ADPT) COM 006855100 12,851 255,900 SH   SOLE   102,900 0 153,000
Aerie Pharmaceuticals (AERI) COM 00771V108 7,951 253,700 SH   SOLE   214,800 0 38,900
Affiliated Managers Group (AMG COM 008252108 1,124 5,232 SH   SOLE   5,232 0 0
Akorn Inc (AKRX) COM 009728106 2,662 56,025 SH   SOLE   56,025 0 0
Alaska Airgroup (ALK) COM 011659109 611 9,236 SH   SOLE   9,236 0 0
Albany International (AIN) COM 012348108 2,514 63,251 SH   SOLE   63,251 0 0
Alexion Pharm.Inc (ALXN) COM 015351109 347 2,000 SH   SOLE   2,000 0 0
Align Technology (ALGN) COM 016255101 274 5,102 SH   SOLE   5,102 0 0
Alliance Data Systems (ADS) COM 018581108 490 1,653 SH   SOLE   1,653 0 0
Alnylam Pharmaceuticals (ALNY) COM 02043Q107 292 2,800 SH   SOLE   2,800 0 0
Amber Road Inc (AMBR) COM 02318Y108 7,927 857,013 SH   SOLE   342,818 0 514,195
American Axle & Manufac. Hldg. COM 024061103 1,592 61,651 SH   SOLE   61,651 0 0
American Water Works Co. (AWK) COM 030420103 278 5,137 SH   SOLE   5,137 0 0
Amerisource Bergen Corp (ABC) COM 03073E105 769 6,763 SH   SOLE   6,763 0 0
Amphenol Corp (APH) COM 032095101 307 5,210 SH   SOLE   5,210 0 0
Anacor Pharmaceuticals (ANAC) COM 032420101 3,461 59,830 SH   SOLE   59,830 0 0
Arctic Cat (ACAT) COM 039670104 8,452 232,700 SH   SOLE   93,500 0 139,200
Argos Therapeutics (ARGS) COM 040221103 4,142 464,900 SH   SOLE   190,900 0 274,000
Asbury Automotive Grp (ABG) COM 043436104 2,434 29,291 SH   SOLE   29,291 0 0
Ashford Hospitality Prime (AHP COM 044102101 8,467 504,880 SH   SOLE   204,300 0 300,580
Aspen Tech Inc(AZPN) COM 045327103 939 24,395 SH   SOLE   24,395 0 0
AtriCure (ATRC) COM 04963C209 2,636 128,647 SH   SOLE   128,647 0 0
Auspex Pharmaceuticals (ASPX) COM 05211J102 32,721 326,332 SH   SOLE   142,832 0 183,500
Avinger (AVGR) COM 053734109 3,743 337,500 SH   SOLE   139,200 0 198,300
Barracuda Networks, Inc. (CUDA COM 068323104 6,417 166,800 SH   SOLE   68,300 0 98,500
Basic Energy Services Inc(BAS) COM 06985P100 2,966 428,006 SH   SOLE   216,406 0 211,600
Belden Inc (BDC) COM 077454106 2,947 31,496 SH   SOLE   31,496 0 0
Berry Plastics Group (BERY) COM 08579W103 1,819 50,262 SH   SOLE   50,262 0 0
Bio-Techne Corp (TECH) COM 09073M104 1,792 17,868 SH   SOLE   17,868 0 0
BioMarin Pharmaceutical (BMRN) COM 09061G101 1,080 8,666 SH   SOLE   8,666 0 0
Blackbaud Inc (BLKB) COM 09227Q100 1,553 32,776 SH   SOLE   32,776 0 0
Boingo Wireless (WIFI) COM 09739C102 4,483 594,500 SH   SOLE   243,200 0 351,300
Boot Barn Hldgs (BOOT) COM 099406100 5,738 239,900 SH   SOLE   97,200 0 142,700
Borgwarner Inc. (BWA) COM 099724106 485 8,015 SH   SOLE   8,015 0 0
Broadcom Corp (BRCM) COM 111320107 632 14,600 SH   SOLE   14,600 0 0
Brookdale Senior Living (BKD) COM 112463104 670 17,739 SH   SOLE   17,739 0 0
Brown Shoe Company (BWS) COM 115736100 1,616 49,273 SH   SOLE   49,273 0 0
Brunswick (BC) COM 117043109 1,310 25,459 SH   SOLE   25,459 0 0
Build-A-Bear Workshop (BBW) COM 120076104 5,524 281,100 SH   SOLE   238,000 0 43,100
Builders Firstsource (BLDR) COM 12008R107 5,571 835,200 SH   SOLE   346,900 0 488,300
C.R.Bard (BCR) COM 067383109 352 2,104 SH   SOLE   2,104 0 0
CBOE Holdings (CBOE) COM 12503M108 701 12,210 SH   SOLE   12,210 0 0
CST Brands (CST) COM 12646R105 292 6,667 SH   SOLE   6,667 0 0
CT Partners Exec. Search (CTP) COM 22945C105 1,652 325,200 SH   SOLE   0 0 325,200
CUI Global (CUI) COM 126576206 4,701 802,221 SH   SOLE   322,202 0 480,019
Calavo Growers (CVGW) COM 128246105 1,832 35,619 SH   SOLE   35,619 0 0
California Water Service (CWT) COM 130788102 865 35,312 SH   SOLE   35,312 0 0
Callidus Software, Inc. (CALD) COM 13123E500 16,411 1,294,282 SH   SOLE   570,782 0 723,500
Cameron International Corp. (C COM 13342B105 341 7,564 SH   SOLE   7,564 0 0
Cara Therapeutics (CARA) COM 140755109 2,777 276,300 SH   SOLE   234,500 0 41,800
Cardiovascular Systems (CSII) COM 141619106 13,262 339,700 SH   SOLE   133,700 0 206,000
Carlisle Companies (CSL) COM 142339100 390 4,208 SH   SOLE   4,208 0 0
Carmike Cinemas (CKEC) COM 143436400 743 22,101 SH   SOLE   22,101 0 0
Carrizo Oil&Gas (CRZO) COM 144577103 981 19,756 SH   SOLE   19,756 0 0
Carter's (CRI) COM 146229109 687 7,430 SH   SOLE   7,430 0 0
Caseys General Store (CASY) COM 147528103 1,703 18,901 SH   SOLE   18,901 0 0
Celadon Group (CGI) COM 150838100 3,882 142,600 SH   SOLE   59,500 0 83,100
Cellectis Sa (CLLS) COM 15117K103 692 20,000 SH   SOLE   0 0 20,000
Cepheid (CPHD) COM 15670R107 2,204 38,734 SH   SOLE   38,734 0 0
Cerner Corp (CERN) COM 156782104 539 7,355 SH   SOLE   7,355 0 0
Cerulean Pharmaceuticals (CERU COM 15708Q105 4,280 475,000 SH   SOLE   0 0 475,000
Cheniere Energy (LNG) COM 16411R208 364 4,709 SH   SOLE   4,709 0 0
Chipotle Mexican Grill (CMG) COM 169656105 619 952 SH   SOLE   952 0 0
Christopher and Banks (CBK) COM 171046105 6,034 1,085,200 SH   SOLE   445,200 0 640,000
Ciena Corp (CIEN) COM 171779309 1,574 81,537 SH   SOLE   81,537 0 0
City Office Reit (CIO) COM 178587101 5,068 398,100 SH   SOLE   159,300 0 238,800
Clovis Oncology(CLVS) COM 189464100 2,490 33,544 SH   SOLE   33,544 0 0
Coach Inc (COH) COM 189754104 278 6,700 SH   SOLE   6,700 0 0
Concert Pharmaceuticals (CNCE) COM 206022105 4,333 286,100 SH   SOLE   242,600 0 43,500
Constellation Brands (STZ) COM 21036P108 867 7,464 SH   SOLE   7,464 0 0
Core-Mark Holding (CORE) COM 218681104 820 12,742 SH   SOLE   12,742 0 0
Costar Group (CSGP) COM 22160N109 690 3,486 SH   SOLE   3,486 0 0
Covenant Transportation (CVTI) COM 22284P105 6,334 191,000 SH   SOLE   161,700 0 29,300
Craft Brew Alliance (BREW) COM 224122101 4,488 329,000 SH   SOLE   0 0 329,000
Cross Country Healthcare (CCRN COM 227483104 10,466 882,500 SH   SOLE   354,500 0 528,000
Cypress Semi (CY) COM 232806109 2,555 181,086 SH   SOLE   181,086 0 0
CyrusOne (CONE) COM 23283R100 7,006 225,114 SH   SOLE   92,300 0 132,814
Cytec Industries (CYT) COM 232820100 276 5,114 SH   SOLE   5,114 0 0
Datalink (DTLK) COM 237934104 5,407 449,100 SH   SOLE   182,300 0 266,800
Dave & Busters (PLAY) COM 238337109 7,474 245,358 SH   SOLE   100,558 0 144,800
Del Frisco's Restaurant Group COM 245077102 8,898 441,607 SH   SOLE   177,600 0 264,007
Delphi Automotive (DLPH) COM G27823106 391 4,909 SH   SOLE   4,909 0 0
Dexcom (DXCM) COM 252131107 1,198 19,216 SH   SOLE   19,216 0 0
Diamond Resorts Int'l (DRII) COM 25272T104 1,264 37,814 SH   SOLE   37,814 0 0
Dish Network (DISH) COM 25470M109 344 4,909 SH   SOLE   4,909 0 0
Domino's Pizza (DPZ) COM 25754A201 754 7,495 SH   SOLE   7,495 0 0
Dril Quip (DRQ) COM 262037104 209 3,056 SH   SOLE   3,056 0 0
Dunkin' Brands (DNKN) COM 265504100 839 17,645 SH   SOLE   17,645 0 0
Eagle Pharmaceuticals (EGRX) COM 269796108 6,790 162,100 SH   SOLE   0 0 162,100
El Pollo Loco (LOCO) COM 268603107 7,778 303,700 SH   SOLE   124,300 0 179,400
Enanta Pharmaceuticals (ENTA) COM 29251M106 4,648 151,800 SH   SOLE   128,500 0 23,300
Enphase Energy (ENPH) COM 29355A107 6,946 526,617 SH   SOLE   213,700 0 312,917
Entellus Medical (ENTL) COM 29363K105 876 40,000 SH   SOLE   0 0 40,000
Entravision Communications (EV COM 29382R107 5,223 825,058 SH   SOLE   336,800 0 488,258
Envestnet, Inc. (ENV) COM 29404K106 2,261 40,323 SH   SOLE   40,323 0 0
Envision Healthcare Holdings ( COM 29413U103 348 9,063 SH   SOLE   9,063 0 0
Equifax (EFX) COM 294429105 494 5,312 SH   SOLE   5,312 0 0
Euro Net Worldwide (EEFT) COM 298736109 2,075 35,320 SH   SOLE   35,320 0 0
Evine Live (EVLV) COM 300487105 1,048 156,250 SH   SOLE   71,300 0 84,950
ExamWorks Group Inc. (EXAM) COM 30066A105 2,570 61,754 SH   SOLE   61,754 0 0
Exar Corp (EXAR) COM 300645108 5,903 587,325 SH   SOLE   235,625 0 351,700
Expeditors Int'l of Washington COM 302130109 772 16,030 SH   SOLE   16,030 0 0
Extra Space Storage (EXR) COM 30225T102 203 3,006 SH   SOLE   3,006 0 0
Fidelity National Info. Srvcs. COM 31620M106 556 8,165 SH   SOLE   8,165 0 0
Fiesta Rest. Group (FRGI) COM 31660B101 1,061 17,386 SH   SOLE   17,386 0 0
Financial Engines (FNGN) COM 317485100 1,546 36,957 SH   SOLE   36,957 0 0
Flamel Technologies(FLML) COM 338488109 2,005 111,531 SH   SOLE   111,531 0 0
Flex Pharma (FLKS) COM 33938A105 784 40,000 SH   SOLE   0 0 40,000
Flexion Therapeutics (FLXN) COM 33938J106 4,213 187,100 SH   SOLE   0 0 187,100
Fluidigm Corp. (FLDM) COM 34385P108 2,950 70,069 SH   SOLE   70,069 0 0
Fortinet Inc (FTNT) COM 34959E109 566 16,200 SH   SOLE   16,200 0 0
Forward Air (FWRD) COM 349853101 2,347 43,214 SH   SOLE   43,214 0 0
G-III Apparel Group (GIII) COM 36237H101 1,883 16,718 SH   SOLE   16,718 0 0
GNC Holdings Inc (GNC) COM 36191G107 222 4,530 SH   SOLE   4,530 0 0
GTT Communications (GTT) COM 362393100 14,397 762,530 SH   SOLE   375,444 0 387,086
Gentherm (THRM) COM 37253A103 1,682 33,296 SH   SOLE   33,296 0 0
Glu Mobile(GLUU) COM 379890106 3,047 608,100 SH   SOLE   246,700 0 361,400
GlycoMimetics, Inc (GLYC) COM 38000Q102 1,248 150,000 SH   SOLE   0 0 150,000
Graphic Packaging Holding (GPK COM 388689101 1,055 72,548 SH   SOLE   72,548 0 0
Habit Restaurants (HABT) COM 40449J103 6,627 206,200 SH   SOLE   83,200 0 123,000
Hain Celestial Group (HAIN) COM 405217100 283 4,412 SH   SOLE   4,412 0 0
Hanesbrands Inc (HBI) COM 410345102 491 14,640 SH   SOLE   14,640 0 0
Hannon Armstrong (HASI) COM 41068X100 8,611 471,070 SH   SOLE   190,300 0 280,770
Harmin International (HAR) COM 413086109 629 4,710 SH   SOLE   4,710 0 0
Healthstream Inc (HSTM) COM 42222N103 7,147 283,600 SH   SOLE   114,700 0 168,900
Hilton Worldwide (HLT) COM 43300A104 447 15,078 SH   SOLE   15,078 0 0
Hub Group (HUBG) COM 443320106 1,850 47,090 SH   SOLE   47,090 0 0
Hunt (JB) Transport Srvcs Inc COM 445658107 1,144 13,400 SH   SOLE   13,400 0 0
IGI Laboratories (IG) COM 449575109 7,818 958,125 SH   SOLE   389,800 0 568,325
ISIS Pharmaceuticals (ISIS) COM 464330109 1,786 28,050 SH   SOLE   28,050 0 0
Idera Pharmaceuticals (IDRA) COM 45168K306 1,855 500,000 SH   SOLE   0 0 500,000
Illumina (ILMN) COM 452327109 800 4,308 SH   SOLE   4,308 0 0
Imprivata (IMPR) COM 45323J103 8,968 640,600 SH   SOLE   257,800 0 382,800
Incontact (SAAS) COM 45336E109 7,716 707,900 SH   SOLE   317,300 0 390,600
Incyte Corp (INCY) COM 45337C102 1,098 11,976 SH   SOLE   11,976 0 0
Inter Parfums Inc (IPAR) COM 458334109 6,005 184,100 SH   SOLE   156,100 0 28,000
Intersect ENT (XENT) COM 46071F103 4,905 189,900 SH   SOLE   160,900 0 29,000
Intra-Cellular Therapies (ITCI COM 46116X101 8,725 365,357 SH   SOLE   147,400 0 217,957
Intuit (INTU) COM 461202103 476 4,909 SH   SOLE   4,909 0 0
Inventure Group, Inc.(SNAK) COM 461212102 6,103 545,400 SH   SOLE   223,000 0 322,400
J&J Snack Foods (JJSF) COM 466032109 1,172 10,984 SH   SOLE   10,984 0 0
Jack In the Box (JACK) COM 466367109 2,060 21,473 SH   SOLE   21,473 0 0
Jarden Corporation (JAH) COM 471109108 401 7,575 SH   SOLE   7,575 0 0
Jazz Pharmaceuticals (JAZZ) COM G50871105 357 2,067 SH   SOLE   2,067 0 0
JetBlue (JBLU) COM 477143101 1,783 92,611 SH   SOLE   92,611 0 0
Juno (JUNO) COM 48205A109 303 5,000 SH   SOLE   5,000 0 0
K2M Group Holdings (KTWO) COM 48273J107 8,553 387,900 SH   SOLE   155,800 0 232,100
Kirklands(KIRK) COM 497498105 7,811 328,900 SH   SOLE   132,400 0 196,500
Krispy Kreme Doughnuts (KKD) COM 501014104 298 14,920 SH   SOLE   14,920 0 0
Kroger (KR) COM 501044101 859 11,201 SH   SOLE   11,201 0 0
L Brands (LB) COM 501797104 576 6,111 SH   SOLE   6,111 0 0
LDR Holdings Corp (LDRH) COM 50185U105 2,334 63,690 SH   SOLE   63,690 0 0
LaQuinta Holdings (LQ) COM 50420D108 1,651 69,712 SH   SOLE   69,712 0 0
Lam Research (LRCX) COM 512807108 1,409 20,062 SH   SOLE   20,062 0 0
Level 3 Communications (LVLT) COM 52729N308 313 5,811 SH   SOLE   5,811 0 0
Libbey Inc (LBY) COM 529898108 1,698 42,543 SH   SOLE   42,543 0 0
LinkedIn (LNKD) COM 53578A108 551 2,204 SH   SOLE   2,204 0 0
Lion Biotechnologies (LBIO) COM 53619R102 927 76,547 SH   SOLE   76,547 0 0
Littelfuse (LFUS) COM 537008104 1,764 17,749 SH   SOLE   17,749 0 0
Lululemon Athletica Inc(LULU) COM 550021109 768 12,000 SH   SOLE   12,000 0 0
M/A Com Technology(MTSI) COM 55405Y100 6,811 182,800 SH   SOLE   73,700 0 109,100
M/I Schottenstein Homes (MHO) COM 55305B101 6,720 281,900 SH   SOLE   111,800 0 170,100
MDC Partners Inc (MDCA) COM 552697104 2,148 75,773 SH   SOLE   75,773 0 0
MacroGenics (MGNX) COM 556099109 238 7,582 SH   SOLE   7,582 0 0
Macy's (M) COM 55616P104 377 5,811 SH   SOLE   5,811 0 0
Malibu Boats (MBUU) COM 56117J100 9,521 407,732 SH   SOLE   165,202 0 242,530
Manhattan Associates (MANH) COM 562750109 2,174 42,963 SH   SOLE   42,963 0 0
Marcus & Millichap (MMI) COM 566324109 5,790 154,489 SH   SOLE   62,500 0 91,989
Marriott Vacations Worldwide ( COM 57164Y107 278 3,431 SH   SOLE   3,431 0 0
Marten Transport (MRTN) COM 573075108 7,466 321,800 SH   SOLE   127,500 0 194,300
Martin Marietta Materials (MLM COM 573284106 936 6,695 SH   SOLE   6,695 0 0
Materialise NV (MTLS) COM 57667T100 2,640 377,700 SH   SOLE   155,700 0 222,000
Maxlinear Inc (MXL) COM 57776J100 5,901 725,800 SH   SOLE   294,800 0 431,000
McGraw Hill Financial (MHFI) COM 580645109 414 4,008 SH   SOLE   4,008 0 0
Medidata Solutions (MDSO) COM 58471A105 3,098 63,180 SH   SOLE   63,180 0 0
MiMedx Group, Inc. (MDXG) COM 602496101 4,747 456,450 SH   SOLE   0 0 456,450
Middleby(MIDD) COM 596278101 428 4,172 SH   SOLE   4,172 0 0
Mobile Mini (MINI) COM 60740F105 2,257 52,939 SH   SOLE   52,939 0 0
Monolithic Power (MPWR) COM 609839105 1,597 30,340 SH   SOLE   30,340 0 0
Monster Beverage (MNST) COM 611740101 749 5,410 SH   SOLE   5,410 0 0
Morgans Hotel Group (MHGC) COM 61748W108 4,542 586,002 SH   SOLE   238,400 0 347,602
Movado Group (MOV) COM 624580106 8,707 305,300 SH   SOLE   123,700 0 181,600
NCI Building Systems (NCS) COM 628852204 12,716 735,905 SH   SOLE   375,105 0 360,800
NXP Semi NV(NXPI) COM N6596X109 468 4,659 SH   SOLE   4,659 0 0
Nanometrics Inc (NANO) COM 630077105 5,088 302,500 SH   SOLE   121,400 0 181,100
National Oil Well Varco, Inc. COM 637071101 495 9,900 SH   SOLE   9,900 0 0
Natural Grocers (NGVC) COM 63888U108 11,350 411,100 SH   SOLE   166,200 0 244,900
Nautilus Group (NLS) COM 63910B102 11,932 781,400 SH   SOLE   311,400 0 470,000
Neff Corp (NEFF) COM 640094207 7,130 676,500 SH   SOLE   276,400 0 400,100
Neogen Corporation (NEOG) COM 640491106 2,996 64,118 SH   SOLE   64,118 0 0
NewLink Genetics Corp (NLNK) COM 651511107 14,170 259,000 SH   SOLE   102,700 0 156,300
Nimble Storage (NMBL) COM 65440R101 1,214 54,412 SH   SOLE   54,412 0 0
Noble Energy (NBL) COM 655044105 216 4,408 SH   SOLE   4,408 0 0
Nordstrom Inc. (JWN) COM 655664100 643 8,000 SH   SOLE   8,000 0 0
Novadaq Technologies (NVDQ) COM 66987G102 3,289 202,507 SH   SOLE   0 0 202,507
O'Reilly Automotive (ORLY) COM 67103H107 607 2,805 SH   SOLE   2,805 0 0
OM Asset Management (OMAM) COM G67506108 1,683 90,270 SH   SOLE   90,270 0 0
ON Semiconductor Corp (ON) COM 682189105 613 50,610 SH   SOLE   50,610 0 0
Old Dominion Freight Inc (ODFL COM 679580100 1,364 17,647 SH   SOLE   17,647 0 0
Orion Energy (OESX) COM 686275108 3,007 957,600 SH   SOLE   391,400 0 566,200
Orion Marine (ORN) COM 68628V308 6,535 737,600 SH   SOLE   298,100 0 439,500
Oxford Immunotec Global (OXFD) COM G6855A103 3,789 269,100 SH   SOLE   228,200 0 40,900
PDC Energy Inc (PDCE) COM 69327R101 806 14,907 SH   SOLE   14,907 0 0
PGT (PGTI) COM 69336V101 8,474 758,300 SH   SOLE   302,900 0 455,400
Pacira Pharm. Inc(PCRX) COM 695127100 1,785 20,085 SH   SOLE   20,085 0 0
Palo Alto Networks (PANW) COM 697435105 684 4,681 SH   SOLE   4,681 0 0
Parexel Intl (PRXL) COM 699462107 2,595 37,619 SH   SOLE   37,619 0 0
Paychex (PAYX) COM 704326107 383 7,714 SH   SOLE   7,714 0 0
Pebblebrook Hotel Trust (PEB) COM 70509V100 1,416 30,415 SH   SOLE   30,415 0 0
PennyMac Financial Services (P COM 70932B101 3,542 208,710 SH   SOLE   84,500 0 124,210
Penske Automotive(PAG) COM 70959W103 257 5,000 SH   SOLE   5,000 0 0
Pernix Therapeutics (PTX) COM 71426V108 13,224 1,237,000 SH   SOLE   499,200 0 737,800
Pioneer Energy Services Corp.( COM 723664108 3,416 630,200 SH   SOLE   251,000 0 379,200
Popeyes LA Kitchen (PLKI) COM 732872106 1,660 27,753 SH   SOLE   27,753 0 0
Portola Pharmeceuticals (PTLA) COM 737010108 1,326 34,934 SH   SOLE   34,934 0 0
ProofPoint (PFPT) COM 743424103 2,020 34,105 SH   SOLE   34,105 0 0
Proto Labs Inc (PRLB) COM 743713109 1,489 21,269 SH   SOLE   21,269 0 0
Puma Biotechnology, Inc. (PBYI COM 74587V107 994 4,209 SH   SOLE   4,209 0 0
Q2 Holdings (QTWO) COM 74736L109 7,427 351,310 SH   SOLE   143,000 0 208,310
Qorvo Inc (QRVO) COM 74736K101 2,158 27,074 SH   SOLE   27,074 0 0
Quidel (QDEL) COM 74838J101 15,762 584,200 SH   SOLE   232,900 0 351,300
RackSpace Hosting Inc. (RAX) COM 750086100 207 4,011 SH   SOLE   4,011 0 0
Radware(RDWR) COM M81873107 1,510 72,193 SH   SOLE   72,193 0 0
Red Hat (RHT) COM 756577102 696 9,186 SH   SOLE   9,186 0 0
Red Robin Gourmet Burgers Inc( COM 75689M101 11,389 130,910 SH   SOLE   64,010 0 66,900
Rentrak Corp (RENT) COM 760174102 11,445 206,000 SH   SOLE   82,800 0 123,200
Repligen Corporation (RGEN) COM 759916109 21,179 697,600 SH   SOLE   287,600 0 410,000
Retrophin (RTRX) COM 761299106 13,434 560,695 SH   SOLE   228,100 0 332,595
RigNet Inc (RNET) COM 766582100 5,955 208,290 SH   SOLE   84,500 0 123,790
Ringcentral (RNG) COM 76680R206 7,311 476,925 SH   SOLE   222,825 0 254,100
Rite Aid Corp (RAD) COM 767754104 337 38,807 SH   SOLE   38,807 0 0
Roadrunner Transportation Inc( COM 76973Q105 5,989 237,000 SH   SOLE   94,700 0 142,300
Robert Half International (RHI COM 770323103 376 6,212 SH   SOLE   6,212 0 0
Ross Stores (ROST) COM 778296103 700 6,648 SH   SOLE   6,648 0 0
Ruckus Wireless (RKUS) COM 781220108 7,591 589,800 SH   SOLE   237,000 0 352,800
SBA Comm. Corp. (SBAC) COM 78388J106 405 3,457 SH   SOLE   3,457 0 0
SEI Investment Company (SEIC) COM 784117103 1,470 33,345 SH   SOLE   33,345 0 0
SPS Commerce (SPSC) COM 78463M107 7,278 108,464 SH   SOLE   62,395 0 46,069
SVB Financial Group (SIVB) COM 78486Q101 829 6,529 SH   SOLE   6,529 0 0
Sangamo Biosciences (SGMO) COM 800677106 1,277 81,440 SH   SOLE   81,440 0 0
Service Now (NOW) COM 81762P102 745 9,461 SH   SOLE   9,461 0 0
Sherwin Williams (SHW) COM 824348106 285 1,002 SH   SOLE   1,002 0 0
ShorTel (SHOR) COM 825211105 5,738 841,400 SH   SOLE   336,700 0 504,700
Sientra Inc (SIEN) COM 82621J105 3,615 188,400 SH   SOLE   0 0 188,400
Signet Jewelers (SIG) COM G81276100 777 5,595 SH   SOLE   5,595 0 0
Skyworks Solutions (SWKS) COM 83088M102 715 7,276 SH   SOLE   7,276 0 0
Sonic (SONC) COM 835451105 2,131 67,225 SH   SOLE   67,225 0 0
Southwest Air (LUV) COM 844741108 688 15,529 SH   SOLE   15,529 0 0
Spectranetics Corp (SPNC) COM 84760C107 626 18,000 SH   SOLE   18,000 0 0
Spirit Airlines (SAVE) COM 848577102 225 2,908 SH   SOLE   2,908 0 0
Splunk (SPLK) COM 848637104 682 11,527 SH   SOLE   11,527 0 0
St. Jude Medical (STJ) COM 790849103 619 9,468 SH   SOLE   9,468 0 0
Strategic Hotels & Resort (BEE COM 86272T106 961 77,305 SH   SOLE   77,305 0 0
Summit Materials (SUM) COM 86614U100 1,543 69,663 SH   SOLE   69,663 0 0
SunPower Corporation (SPWR) COM 867652406 488 15,580 SH   SOLE   15,580 0 0
Sunshine Heart (SSH) COM 86782U106 2,905 685,200 SH   SOLE   282,600 0 402,600
Super Micro Computer (SMCI) COM 86800U104 1,428 42,996 SH   SOLE   42,996 0 0
Surgical Care Affiliates, Inc. COM 86881L106 9,825 286,200 SH   SOLE   114,100 0 172,100
Synageva BioPharma (GEVA) COM 87159A103 1,212 12,428 SH   SOLE   12,428 0 0
Synergy Pharmaceuticals (SGYP) COM 871639308 4,041 874,600 SH   SOLE   341,900 0 532,700
Synergy Resources(SYRG) COM 87164P103 1,802 152,078 SH   SOLE   152,078 0 0
Tableau Software (DATA) COM 87336U105 630 6,804 SH   SOLE   6,804 0 0
Tearlab (TEAR) COM 878193101 2,072 1,041,200 SH   SOLE   356,000 0 685,200
TechTarget (TTGT) COM 87874R100 6,097 528,800 SH   SOLE   212,900 0 315,900
Tekmira Pharmaceuticals (TKMR) COM 87911B209 931 53,338 SH   SOLE   53,338 0 0
The Chefs' Warehouse, Inc. (CH COM 163086101 5,689 253,618 SH   SOLE   100,800 0 152,818
Thermo Fisher Scientific (TMO) COM 883556102 1,075 8,000 SH   SOLE   8,000 0 0
Tile Shop Holdings (TTS) COM 88677Q109 8,335 688,300 SH   SOLE   271,900 0 416,400
Tonix Pharmaceuticals (TNXP) COM 890260201 1,264 200,000 SH   SOLE   0 0 200,000
Total System Services (TSS) COM 891906109 507 13,290 SH   SOLE   13,290 0 0
Towers Watson & Co. (TW) COM 891894107 934 7,065 SH   SOLE   7,065 0 0
Tracon Pharmaceutical (TCON) COM 89237H100 3,510 250,000 SH   SOLE   0 0 250,000
Tractor Supply Co (TSCO) COM 892356106 545 6,412 SH   SOLE   6,412 0 0
Trex,Inc (TREX) COM 89531P105 982 18,000 SH   SOLE   18,000 0 0
Triangle Petroleum (TPLM) COM 89600B201 2,454 487,800 SH   SOLE   200,400 0 287,400
True Car (TRUE) COM 89785L107 2,049 114,775 SH   SOLE   114,775 0 0
TubeMogul (TUBE) COM 898570106 8,769 634,532 SH   SOLE   252,900 0 381,632
Twitter Inc. (TWTR) COM 90184L102 487 9,718 SH   SOLE   9,718 0 0
U.S. Silica Holdings (SLCA) COM 90346E103 1,735 48,731 SH   SOLE   48,731 0 0
ULTA Salon (ULTA) COM 90384S303 1,092 7,237 SH   SOLE   7,237 0 0
UTi Worldwide (UTIW) COM G87210103 1,467 119,297 SH   SOLE   119,297 0 0
Ultimate Software Group (ULTI) COM 90385D107 2,835 16,680 SH   SOLE   16,680 0 0
Ultra Clean (UCTT) COM 90385V107 4,572 639,500 SH   SOLE   261,700 0 377,800
Under Armour (UA) COM 904311107 807 10,000 SH   SOLE   10,000 0 0
Urban Outfitters (URBN) COM 917047102 508 11,135 SH   SOLE   11,135 0 0
V F Corp (VFC) COM 918204108 589 7,815 SH   SOLE   7,815 0 0
Vail Resorts (MTN) COM 91879Q109 1,605 15,517 SH   SOLE   15,517 0 0
Varonis Systems (VRNS) COM 922280102 5,794 225,800 SH   SOLE   91,900 0 133,900
Veracyte, Inc. (VCYT) COM 92337F107 2,624 360,500 SH   SOLE   148,400 0 212,100
Verastem, Inc. (VSTM) COM 92337C104 2,855 280,700 SH   SOLE   237,700 0 43,000
Vertex Pharm (VRTX) COM 92532F100 656 5,560 SH   SOLE   5,560 0 0
Vince Holdings (VNCE) COM 92719W108 3,031 163,400 SH   SOLE   0 0 163,400
Virtusa(VRTU) COM 92827P102 9,091 219,700 SH   SOLE   89,500 0 130,200
Vornado Realty Trust (VNO) COM 929042109 202 1,803 SH   SOLE   1,803 0 0
Wabash National Corp (WNC) COM 929566107 9,439 669,448 SH   SOLE   332,430 0 337,018
Wabtec Corp. (WAB) COM 929740108 1,156 12,163 SH   SOLE   12,163 0 0
Wageworks Inc (WAGE) COM 930427109 1,644 30,823 SH   SOLE   30,823 0 0
Webster Financial (WBS) COM 947890109 1,527 41,210 SH   SOLE   41,210 0 0
Western Digital Corp (WDC) COM 958102105 369 4,057 SH   SOLE   4,057 0 0
Wex Inc (WEX) COM 96208T104 870 8,101 SH   SOLE   8,101 0 0
White Wave Foods (WWAV) COM 966244105 270 6,081 SH   SOLE   6,081 0 0
Whole Foods Mkt (WFM) COM 966837106 934 17,941 SH   SOLE   17,941 0 0
Williams Sonoma (WSM) COM 969904101 264 3,309 SH   SOLE   3,309 0 0
Wyndham Worldwide (WYN) COM 98310W108 392 4,338 SH   SOLE   4,338 0 0
Yodlee Inc. (YDLE) COM 98600P201 4,296 319,200 SH   SOLE   131,400 0 187,800
ZS Pharma (ZSPH) COM 98979G105 5,710 135,700 SH   SOLE   114,900 0 20,800
Zayo Group (ZAYO) COM 98919V105 695 24,856 SH   SOLE   24,856 0 0
Zeltiq Aesthetics (ZLTQ) COM 98933Q108 2,499 81,072 SH   SOLE   81,072 0 0
comScore, Inc. (SCOR) COM 20564W105 2,563 50,059 SH   SOLE   50,059 0 0
iShares PHLX SOX Semiconductor COM 464287523 508 5,400 SH   SOLE   5,400 0 0
uniQure N.V. (QURE) COM N90064101 1,338 55,000 SH   SOLE   0 0 55,000