0001140361-13-021115.txt : 20130515 0001140361-13-021115.hdr.sgml : 20130515 20130515165540 ACCESSION NUMBER: 0001140361-13-021115 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130515 DATE AS OF CHANGE: 20130515 EFFECTIVENESS DATE: 20130515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DRIEHAUS CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0000938206 IRS NUMBER: 203634295 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04207 FILM NUMBER: 13848098 BUSINESS ADDRESS: STREET 1: 25 EAST ERIE ST CITY: CHICAGO STATE: IL ZIP: 60611 BUSINESS PHONE: 3125873800 MAIL ADDRESS: STREET 1: 25 EAST ERIE ST CITY: CHICAGO STATE: IL ZIP: 60611 FORMER COMPANY: FORMER CONFORMED NAME: DRIEHAUS CAPITAL MANAGEMENT INC DATE OF NAME CHANGE: 19950216 13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 3/31/2013 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Driehaus Capital Management LLC Address: 25 East Erie Street Chicago, IL 60611 Form 13F File Number: 028-04207 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Janet McWilliams Title: Managing Director Phone: 312-587-3800 Signature, Place, and Date of Signing: /s/ Janet McWilliams Chicago, IL 5/15/2013 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [ ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [X] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: 13F File Number Name 028-01190 Frank Russell Company --------------- --------------------------------------------------------------- Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 468 Form 13F Information Table Value Total: $ 2,367,554 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- 3M Co. COM 88579Y101 1408 13244 SH SOLE 13244 0 0 8x8 Inc COM 282914100 7679 1120988 SH SOLE 629283 0 491705 ACADIA HEALTHCARE CO INC COM 00404A109 11485 390766 SH SOLE 221924 0 168842 ACADIA PHARMACEUTICALS INC COM 004225108 4212 530435 SH SOLE 280967 0 249468 Access Midstream Partners LP COM 00434L109 11135 275817 SH SOLE 0 0 275817 ACELRX PHARMACEUTICALS INC COM 00444T100 1075 208393 SH SOLE 47454 0 160939 Acuity Brands Inc COM 00508Y102 2496 35998 SH SOLE 25345 0 10653 Aegerion Pharmaceuticals, Inc. COM 00767E102 9205 228183 SH SOLE 113226 0 114957 AerCap Holdings NV ADR N00985106 5143 332900 SH SOLE 214900 0 118000 Afc Enterprises COM 00104Q107 1581 43518 SH SOLE 17803 0 25715 Air Methods Corp. COM 009128307 5318 110233 SH SOLE 71582 0 38651 Airmedia Group, Inc. - ADR ADR 009411109 2960 1653656 SH SOLE 0 0 1653656 Alexion Pharmaceuticals, Inc. COM 015351109 6787 73664 SH SOLE 59455 0 14209 Allergan, Inc. COM 018490102 4984 44644 SH SOLE 37623 0 7021 Alnylam Pharmaceuticals Inc COM 02043Q107 9548 391791 SH SOLE 219309 0 172482 Alon USA Energy, Inc. COM 020520102 3715 195033 SH SOLE 11103 0 183930 ALON USA PARTNERS LP COM 02052T109 13250 497739 SH SOLE 22071 0 475668 ALTISOURCE RESIDENTIAL CORP ADR 02153W100 2143 107166 SH SOLE 0 0 107166 Amazon.com, Inc. COM 023135106 9301 34902 SH SOLE 30392 0 4510 American Axle & MFG Holding COM 024061103 377 27600 SH SOLE 0 0 27600 American Woodmark Corp. COM 030506109 3706 108908 SH SOLE 42666 0 66242 AMICUS THERAPEUTICS INC COM 03152W109 1628 513523 SH SOLE 173175 0 247951 Amn Healthcare Services Inc COM 001744101 1025 64732 SH SOLE 11019 0 53713 AMREIT INC COM 03216B208 2235 114844 SH SOLE 0 0 114844 ANACOR PHARMACEUTICALS INC COM 032420101 1048 162305 SH SOLE 67199 0 95106 ANGIE'S LIST INC COM 034754101 504 25500 SH SOLE 5903 0 19597 Apogee Enterprises Inc. COM 037598109 3067 105931 SH SOLE 41319 0 64612 APOLLO COMMERCIAL REAL ESTAT COM 03762U105 3846 218656 SH SOLE 0 0 218656 APOLLO GLOBAL MANAGEMENT - A COM 037612306 2263 104592 SH SOLE 10239 0 94353 Apple Inc. COM 037833100 25947 58617 SH SOLE 49366 0 9251 Applied Micro Circuits Corp COM 03822W406 2725 367278 SH SOLE 203544 0 163734 Arctic Cat Inc. COM 039670104 2135 48864 SH SOLE 19948 0 28916 Ariad Pharmaceuticals, Inc. COM 04033A100 5814 321578 SH SOLE 269912 0 51666 ARM Holdings PLC - SP ADR ADR 042068106 1986 46870 SH SOLE 21348 0 25522 Aruba Networks, Inc. COM 043176106 7529 304313 SH SOLE 191241 0 113072 ASML Holding NV ADR N07059210 998 14672 SH SOLE 8766 0 5906 Aspen Technology Inc. COM 045327103 1399 43318 SH SOLE 13777 0 29541 Associated Estates Realty Corp. COM 045604105 1986 106571 SH SOLE 0 0 106571 Astex Pharmaceuticals COM 04624B103 920 206060 SH SOLE 84320 0 121740 Athenahealth Inc COM 04685W103 2579 26574 SH SOLE 18711 0 7863 ATLAS ENERGY LP COM 04930A104 10873 246900 SH SOLE 0 0 246900 Atwood Oceanics, Inc. COM 050095108 2071 39420 SH SOLE 20738 0 18682 Avis Budget Group, Inc. COM 053774105 7451 267746 SH SOLE 154770 0 112976 Axiall Corp. COM 05463D100 7184 115566 SH SOLE 65665 0 49901 BANK OF AMERICA PREFCON 7.25% 060505682 25,974 21322 PRN SOLE 21322 0 0 12/49 Barrett Business Svcs COM 068463108 2777 52741 SH SOLE 18011 0 34730 BBCN Bancorp, Inc. COM 073295107 1028 78751 SH SOLE 20679 0 58072 Beacon Roofing Supply Inc COM 073685109 550 14225 SH SOLE 10116 0 4109 Beam, Inc. COM 073730103 9234 145326 SH SOLE 104768 0 40558 Berry Plastics Group, Inc. COM 08579W103 5647 296410 SH SOLE 216366 0 80044 BHP Billiton, Ltd. ADR 088606108 3747 54760 SH SOLE 47192 0 7568 Big 5 Sporting Goods Corp COM 08915P101 652 41796 SH SOLE 0 0 41796 Biogen Idec, Inc. COM 09062X103 3334 17308 SH SOLE 15108 0 2200 Biomarin Pharmaceutical, Inc. COM 09061G101 10566 169713 SH SOLE 121307 0 48406 BIOSCRIP INC COM 09069N108 9334 734383 SH SOLE 347860 0 386523 Blackstone Group LP/The COM 09253U108 1491 75402 SH SOLE 22160 0 53242 Bloomin' Brands, Inc. COM 094235108 2157 120751 SH SOLE 60577 0 60174 BOFI HOLDING INC COM 05566U108 854 23800 SH SOLE 0 0 23800 BONANZA CREEK ENERGY INC COM 097793103 12200 315501 SH SOLE 158743 0 156758

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- Boulder Brands Inc COM 101405108 5665 630196 SH SOLE 372750 0 257446 Broadwalk Pipeline Partners COM 096627104 1934 66000 SH SOLE 0 0 66000 Brookdale Senior Living, Inc. COM 112463104 486 17440 SH SOLE 5659 0 11781 Brown and Brown Inc. COM 115236101 821 25609 SH SOLE 7613 0 17996 Brown-Forman Corp. - B COM 115637209 4220 59099 SH SOLE 27995 0 31104 Brunswick Corp. COM 117043109 5602 163713 SH SOLE 106689 0 57024 Buffalo Wild Wings Inc COM 119848109 1015 11600 SH SOLE 3636 0 7964 BUILDERS FIRSTSOURCE INC COM 12008R107 326 55675 SH SOLE 0 0 55675 Calamp Corp COM 128126109 6255 570196 SH SOLE 146260 0 423936 CALL/GLD @ 163 EXP 06/22/2013 CALL 78463V107 243 2,430 SH CALL SOLE 2,430 0 0 CALL/OCN @ 42.5 EXP 07/20/2013 CALL 675746309 266 1,500 SH CALL SOLE 1,500 0 0 CAMPUS CREST COMMUNITIES INC COM 13466Y105 2257 162354 SH SOLE 0 0 162354 CARBONITE INC COM 141337105 310 28350 SH SOLE 0 0 28350 Carpenter Technology Corp. COM 144285103 8899 180539 SH SOLE 143341 0 37198 Catamaran Corp. COM 148887102 18630 351319 SH SOLE 267102 0 84217 Cavium, Inc. COM 14964U108 8547 220215 SH SOLE 136232 0 83983 Cbl & Associates Properties COM 124830100 2233 94637 SH SOLE 0 0 94637 Celadon Group Inc COM 150838100 2954 141633 SH SOLE 57860 0 83773 Celgene Corp. COM 151020104 5689 49081 SH SOLE 41713 0 7368 Cerner Corp. COM 156782104 8039 84853 SH SOLE 60665 0 24188 Chart Industries, Inc. COM 16115Q308 2151 26882 SH SOLE 18941 0 7941 Checkpoint Systems Inc. COM 162825103 293 22400 SH SOLE 0 0 22400 Chemocentryx, Inc. COM 16383L106 816 59032 SH SOLE 24117 0 34915 Christopher & Banks Corp. COM 171046105 3476 540567 SH SOLE 170172 0 370395 Church & Dwight Co., Inc. COM 171340102 1823 28212 SH SOLE 10868 0 17344 CLOVIS ONCOLOGY INC COM 189464100 8804 307082 SH SOLE 180432 0 126650 Coca-Cola Co./The COM 191216100 990 24472 SH SOLE 24472 0 0 Columbus McKinnon Corp. COM 199333105 325 16900 SH SOLE 0 0 16900 COMMVAULT SYSTEMS INC COM 204166102 7913 96496 SH SOLE 58969 0 37527 Concho Resources, Inc. COM 20605P101 12067 123858 SH SOLE 95320 0 28538 Conn's Inc COM 208242107 11404 317313 SH SOLE 192367 0 124946 Continental Resources, Inc. COM 212015101 7863 90451 SH SOLE 63683 0 26768 Core Laboratories NV ADR N22717107 2490 18056 SH SOLE 15375 0 2681 Cornerstone OnDemand, Inc. COM 21925Y103 11057 324258 SH SOLE 198107 0 126151 CORONADO BIOSCIENCES INC COM 21976U109 2194 225674 SH SOLE 92162 0 133512 COSAN LTD-CLASS A SHARES ADR G25343107 445 22835 SH SOLE 6738 0 16097 Costar Group, Inc. COM 22160N109 5074 46358 SH SOLE 27824 0 18534 Costco Wholesale Corp. COM 22160K105 10465 98625 SH SOLE 82387 0 16238 Covance, Inc. COM 222816100 903 12155 SH SOLE 1173 0 10982 Covidien PLC ADR G2554F113 2849 41999 SH SOLE 32981 0 9018 Credicorp, Ltd. ADR G2519Y108 22121 133217 SH SOLE 121599 0 11618 Cree, Inc. COM 225447101 2265 41403 SH SOLE 9729 0 31674 CRESTWOOD MIDSTREAM PARTNERS COM 226372100 1393 58400 SH SOLE 0 0 58400 CRIMSON EXPLORATION INC COM 22662K207 970 339329 SH SOLE 138402 0 200927 CRIMSON WINE GROUP LTD COM 22662X100 1186 127576 SH SOLE 52129 0 75447 CROSSTEX ENERGY INC COM 22765Y104 7737 401709 SH SOLE 12450 0 389259 Cummins, Inc. COM 231021106 9118 78729 SH SOLE 69849 0 8880 Cutera Inc COM 232109108 3775 290382 SH SOLE 38240 0 252142 CYANOTECH CORP COM 232437301 335 74962 SH SOLE 31480 0 43482 Cyberonics COM 23251P102 2775 59292 SH SOLE 41879 0 17413 Cynosure Inc-Class A COM 232577205 4169 159311 SH SOLE 58959 0 100352 DAKOTA PLAINS HOLDINGS INC COM 234255107 1043 267377 SH SOLE 109590 0 157787 Datalink Corp COM 237934104 1252 103625 SH SOLE 42343 0 61282 DELEK LOGISTICS PARTNERS LP COM 24664T103 1928 61823 SH SOLE 0 0 61823 DELEK US HOLDINGS INC COM 246647101 3813 96640 SH SOLE 8761 0 87879 Delphi Information Systems COM G27823106 1150 25890 SH SOLE 7395 0 18495 DEXCOM INC COM 252131107 3429 205055 SH SOLE 144385 0 60670 DIAMONDBACK ENERGY INC COM 25278X109 2247 83716 SH SOLE 34187 0 49529 Domino's Pizza, Inc. COM 25754A201 3265 63467 SH SOLE 36771 0 26696 Drew Industries Inc. COM 26168L205 2091 57597 SH SOLE 23535 0 34062

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- Drill-Quip COM 262037104 2915 33443 SH SOLE 23564 0 9879 DSW, Inc. COM 23334L102 8372 131230 SH SOLE 98126 0 33104 Duke Realty Investments Inc. COM 264411505 2293 135026 SH SOLE 0 0 135026 Dxp Enterprises Inc COM 233377407 1169 15644 SH SOLE 6390 0 9254 E2OPEN INC COM 29788A104 6143 308064 SH SOLE 171272 0 136792 Eagle Materials Inc COM 26969P108 1277 19163 SH SOLE 5498 0 13665 EAGLE ROCK ENERGY PARTNERS COM 26985R104 4276 435428 SH SOLE 0 0 435428 ECHO GLOBAL LOGISTICS INC COM 27875T101 376 17000 SH SOLE 5061 0 11939 EDGEN GROUP INC CMN COM 28014Q107 3,589 496,431 SH SOLE 496,431 0 0 Edwards Lifesciences Corp. COM 28176E108 11231 136700 SH SOLE 109409 0 27291 Egain Communications Corp. COM 28225C806 1119 129272 SH SOLE 52861 0 76411 EL PASO PIPELINE PARTNERS LP COM 283702108 3743 85329 SH SOLE 0 0 85329 Elizabeth Arden Inc COM 28660G106 3934 97734 SH SOLE 69056 0 28678 ENDOCYTE INC COM 29269A102 1846 148269 SH SOLE 60486 0 87783 Endologix Inc COM 29266S106 1890 117030 SH SOLE 82469 0 34561 ENERGY RECOVERY INC COM 29270J100 313 84700 SH SOLE 0 0 84700 Energy Select Sector SPDR Fund PUT 81369Y506 23793 300000 SH PUT SOLE 0 0 300000 Energy Select Sector SPDR Fund PUT 81369Y506 7931 100000 SH PUT SOLE 0 0 100000 ENERGY TRANSFER EQUITY LP COM 29273V100 15807 270300 SH SOLE 0 0 270300 Energy Transfer Partners L.P. COM 29273R109 13261 261600 SH SOLE 0 0 261600 ENVESTNET INC COM 29404K106 1557 88933 SH SOLE 36316 0 52617 EPR Properties COM 26884U109 2969 57047 SH SOLE 0 0 57047 Equinix, Inc. COM 29444U502 9940 45954 SH SOLE 33364 0 12590 EQUINIX INC NOTE 3.0% 29444UAG1 30,533 15,200,000 PRN SOLE 15,200,000 0 0 10/15/14 EXONE CO/THE COM 302104104 14382 429314 SH SOLE 222385 0 206929 EXTERRAN HOLDINGS INC COM 30225X103 923 34200 SH SOLE 0 0 34200 Facebook, Inc. - A COM 30303M102 5644 220636 SH SOLE 192445 0 28191 Fibria Celulose SA - SP ADR ADR 31573A109 3745 310277 SH SOLE 295258 0 15019 FIESTA RESTAURANT GROUP COM 31660B101 9467 356308 SH SOLE 197394 0 158914 Fifth & Pacific Co Inc COM 316645100 1138 60271 SH SOLE 18975 0 41296 FIRSTBANK CORP/ALMA MICH - COM DDH61G100 0 55125 SH SOLE 55125 0 0 fractional shares FLEETMATICS GROUP LTD ADR G35569105 1398 57660 SH SOLE 23551 0 34109 Flotek Industries Inc COM 343389102 9633 589183 SH SOLE 349003 0 240180 FLUIDIGM CORP COM 34385P108 496 26800 SH SOLE 6330 0 20470 FMC Technologies, Inc. COM 30249U101 8538 156979 SH SOLE 112625 0 44354 Fomento Economico Mexicano SAB ADR 344419106 13769 121314 SH SOLE 112485 0 8829 de CV FORD MOTOR COMPANY 4.25% 345370CN8 63,298 39,500,000 PRN SOLE 39,500,000 0 0 11/15/2016 CONV MN Forest Laboratories Inc. COM 345838106 480 12613 SH SOLE 771 0 11842 Fortinet, Inc. COM 34959E109 532 22480 SH SOLE 7431 0 15049 FORTUNE BRANDS HOME & SECURI COM 34964C106 1611 43037 SH SOLE 12679 0 30358 FURIEX PHARMACEUTICALS COM 36106P101 693 18495 SH SOLE 7559 0 10936 General Growth Properties COM 370023103 3572 179672 SH SOLE 0 0 179672 GENERAL MOTORS COMPANY CMN COM 37045V100 20,778 746,845 SH SOLE 746,845 0 0 GENERAL MOTORS COMPANY WTS 10.0 37045V118 322 17,371 SH CALL SOLE 17,371 0 0 EXP07/10/2016 GENERAL MOTORS COMPANY WTS 18.33 37045V126 205 17,371 SH CALL SOLE 17,371 0 0 EXP07/10/2019 GENERAL MOTORS WARRANT 37045V126 13,395 1,136,155 SH SOLE 1,136,155 0 0 GENERAL MOTORS COMPANY CONV PFD CNV 37045V209 3,435 80,000 SH SOLE 80,000 0 0 4.7500 12/01/2013 SERIES B Genesee & Wyoming, Inc. COM 371559105 8115 87151 SH SOLE 48493 0 38658 Genesis Energy Lp COM 371927104 10563 219061 SH SOLE 0 0 219061 GENMARK DIAGNOSTICS INC COM 372309104 7995 618771 SH SOLE 116699 0 502072 Gentherm, Inc. COM 37253A103 2629 160478 SH SOLE 63353 0 97125 Geospace Technologies Corp COM 37364X109 6880 63751 SH SOLE 32423 0 31328

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- Gilead Sciences, Inc. COM 375558103 5842 119367 SH SOLE 100778 0 18589 GNC Holdings, Inc. COM 36191G107 12509 318457 SH SOLE 239591 0 78866 Google, Inc. - A COM 38259P508 9586 12070 SH SOLE 10125 0 1945 Grainger, Inc. COM 384802104 9408 41817 SH SOLE 30617 0 11200 Gran Tierra Energy, Inc. ADR 38500T101 816 138719 SH SOLE 138719 0 0 Grupo Aeroportuario del Centro ADR 400501102 1366 40906 SH SOLE 40906 0 0 Norte SAB de CV Guidewire Software, Inc. COM 40171V100 10249 266628 SH SOLE 164967 0 101661 H&E EQUIPMENT SERVICES INC COM 404030108 3207 157219 SH SOLE 50211 0 107008 Halliburton Co. COM 406216101 8831 218534 SH SOLE 192588 0 25946 HCP Inc COM 40414L109 5942 119171 SH SOLE 0 0 119171 HDFC Bank, Ltd. - ADR ADR 40415F101 1687 45084 SH SOLE 45084 0 0 Headwaters Inc COM 42210P102 1947 178626 SH SOLE 24398 0 154228 Health Care Reit Inc. COM 42217K106 8629 127070 SH SOLE 0 0 127070 Healthcare Services Group, Inc. COM 421906108 7145 278777 SH SOLE 162613 0 116164 HEALTHSTREAM INC COM 42222N103 4811 209734 SH SOLE 130301 0 79433 HERCULES OFFSHORE INC COM 427093109 5517 743558 SH SOLE 457120 0 286438 HERSHA HOSPITALITY TRUST COM 427825104 1434 245596 SH SOLE 0 0 245596 Hershey Co. COM 427866108 3452 39441 SH SOLE 18942 0 20499 Hertz Global Holdings, Inc. COM 42805T105 3700 166228 SH SOLE 120836 0 45392 HI-CRUSH PARTNERS LP COM 428337109 349 18700 SH SOLE 0 0 18700 Holly Energy Partners LP COM 435763107 2123 52940 SH SOLE 0 0 52940 HOME LOAN SERVICING SOLUTION ADR G6648D109 6957 298193 SH SOLE 0 0 298193 HomeAway, Inc. COM 43739Q100 1496 46030 SH SOLE 6844 0 39186 Hornbeck Offshore Services, Inc. COM 440543106 8687 186981 SH SOLE 110054 0 76927 HYPERION THERAPEUTICS INC COM 44915N101 1394 53981 SH SOLE 22097 0 31884 ICICI Bank, Ltd. - SP ADR ADR 45104G104 2410 56183 SH SOLE 38172 0 18011 Imax Corp. ADR 45245E109 609 22800 SH SOLE 0 0 22800 IMPERVA INC COM 45321L100 7863 204239 SH SOLE 113241 0 90998 INCONTACT INC COM 45336E109 3764 465209 SH SOLE 190088 0 275121 INDIA FUND INC COM 454089103 1483 69800 SH SOLE 48073 0 21727 Industrial Select PUT 81369Y704 49055 1174700 SH PUT SOLE 0 0 1174700 Infinity Pharmaceuticals, Inc. COM 45665G303 13190 272118 SH SOLE 144044 0 128074 INFOBLOX INC COM 45672H104 2038 93921 SH SOLE 11944 0 81977 Informatica Corp. COM 45666Q102 3910 113420 SH SOLE 104020 0 9400 Infosys, Ltd. ADR 456788108 3130 58057 SH SOLE 39881 0 18176 INNERWORKINGS INC COM 45773Y105 1978 130627 SH SOLE 53362 0 77265 Interactive Intelligence Group, COM 45841V109 14196 320099 SH SOLE 178673 0 141426 Inc. INTERXION HOLDING NV ADR N47279109 3264 134752 SH SOLE 95178 0 39574 Intuitive Surgical, Inc. COM 46120E602 15989 32552 SH SOLE 25897 0 6655 INVESCO MORTGAGE CAPITAL COM 46131B100 2232 104355 SH SOLE 0 0 104355 IPG Photonics Corp. COM 44980X109 5406 81402 SH SOLE 51823 0 29579 Iron Mountain Inc COM 462846106 4852 133638 SH SOLE 0 0 133638 iShares FTSE China 25 Index Fund PUT 464287184 213 212600 SH PUT SOLE 0 0 212600 Ishares MSCI Emerging Markets PUT 464287954 300 300000 SH PUT SOLE 0 0 300000 Index Fund Ishares MSCI Emerging Markets PUT 464287954 400 400000 SH PUT SOLE 0 0 400000 Index Fund ISHARES MSCI FRONTIER 100 COM 464286145 1243 42336 SH SOLE 29161 0 13175 Ishares MSCI Taiwan Index Fund CALL 464286731 13340 1000000 SH CALL SOLE 0 0 1000000 Ishares Russell 2000 PUT 464287655 81 80600 SH PUT SOLE 0 0 80600 Ishares Russell 2000 PUT 464287655 149 149200 SH PUT SOLE 0 0 149200 Ishares Russell 2000 PUT 464287655 400 400000 SH PUT SOLE 0 0 400000 Itau Unibanco Holding - PREF ADR ADR 465562106 23505 1320498 SH SOLE 1256510 0 63988 Ixia COM 45071R109 3950 182528 SH SOLE 95952 0 86576 Jazz Pharmaceuticals PLC ADR G50871105 9923 177480 SH SOLE 120617 0 56863 JDS Uniphase Corp. COM 46612J507 622 46568 SH SOLE 13739 0 32829 Joy Global, Inc. COM 481165108 4912 82528 SH SOLE 75685 0 6843 KAISER ALUMINUM CORP COM 483007704 2822 43643 SH SOLE 30728 0 12915

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- KALOBIOS PHARMACEUTICALS INC COM 48344T100 595 99095 SH SOLE 40722 0 58373 KB Home COM 48666K109 9905 454967 SH SOLE 208080 0 246887 Keryx Biopharmaceuticals COM 492515101 141 20000 SH SOLE 0 0 20000 Key Tronic Corp. COM 493144109 2454 214133 SH SOLE 87463 0 126670 Kinder Morgan Energy Partners COM 494550106 8726 97200 SH SOLE 0 0 97200 KINDER MORGAN MANAGEMENT LLC COM 49455U100 5781 65800 SH SOLE 0 0 65800 Kinder Morgan, Inc. COM 49456B101 720 18609 SH SOLE 11121 0 7488 Krispy Kreme Doughnuts Inc COM 501014104 4299 297700 SH SOLE 171162 0 126538 KYTHERA BIOPHARMACEUTICALS I COM 501570105 714 29319 SH SOLE 11951 0 17368 Landec Corporation COM 514766104 452 31220 SH SOLE 9295 0 21925 Las Vegas Sands Corp. COM 517834107 3801 67451 SH SOLE 38551 0 28900 Lexington Realty Trust COM 529043101 5673 480724 SH SOLE 0 0 480724 Lindsay Corp. COM 535555106 2219 25163 SH SOLE 17709 0 7454 Lions Gate Entertainment Cor ADR 535919203 3447 145035 SH SOLE 87025 0 58010 Lithia Motors Inc. Cl-A COM 536797103 525 11061 SH SOLE 3297 0 7764 LKQ Corp. COM 501889208 7725 355019 SH SOLE 247430 0 107589 LUCENT TECHNOLOGIES NOTE 2.875% 549463AG2 4,762 5,000,000 PRN SOLE 5,000,000 0 0 6/15/23 Lululemon Athletica, Inc. ADR 550021109 2347 37641 SH SOLE 18126 0 19515 LUMBER LIQUIDATORS HOLDINGS COM 55003T107 3300 46993 SH SOLE 33014 0 13979 M/I Homes Inc. COM 55305B101 2106 86116 SH SOLE 35185 0 50931 Macquarie Infrastructure Co COM 55608B105 6697 123932 SH SOLE 0 0 123932 Magellan Midstream Partners COM 559080106 4965 92922 SH SOLE 0 0 92922 Manhattan Associates Inc. COM 562750109 934 12575 SH SOLE 3966 0 8609 MANITEX INTERNATIONAL INC COM 563420108 2682 216132 SH SOLE 88274 0 127858 Manitowoc Company, Inc. COM 563571108 1723 83798 SH SOLE 14301 0 69497 MarineMax Inc. COM 567908108 2106 155003 SH SOLE 63340 0 91663 Market Leader Inc COM 57056R103 3154 352043 SH SOLE 103339 0 248704 MARKWEST ENERGY PARTNERS LP COM 570759100 11702 192621 SH SOLE 0 0 192621 Masco Corp. COM 574599106 944 46594 SH SOLE 13888 0 32706 MasTec, Inc. COM 576323109 589 20195 SH SOLE 6330 0 13865 Mastercard, Inc. - A COM 57636Q104 6238 11527 SH SOLE 10539 0 988 Materials Select Sector Spdr PUT 81369Y100 500 500000 SH PUT SOLE 0 0 500000 Mattel, Inc. COM 577081102 2847 65042 SH SOLE 28153 0 36889 Maximus Inc. COM 577933104 2088 26113 SH SOLE 6311 0 19802 McDonald's Corp. COM 580135101 1164 11681 SH SOLE 11681 0 0 Mead Johnson Nutrition Co. - A COM 582839106 14802 191114 SH SOLE 180095 0 11019 MEDICAL PROPERTIES TRUST INC COM 58463J304 7252 452147 SH SOLE 0 0 452147 Medidata Solutions, Inc. COM 58471A105 9928 171232 SH SOLE 78549 0 92683 Medivation, Inc. COM 58501N101 10921 233565 SH SOLE 183850 0 49715 Melco Crown Entertainment - ADR ADR 585464100 1339 57333 SH SOLE 11412 0 45921 MERU NETWORKS INC COM 59047Q103 10779 1596889 SH SOLE 564629 0 973660 MGIC Investment Corp. COM 552848103 475 96000 SH SOLE 28576 0 67424 MGIC INVT CORP WIS NOTE 2.0% 552848AE3 507 500,000 PRN SOLE 500,000 0 0 04/01/20 MGM RESORTS INTERNATIONAL 4.25% 55303QAE0 39,082 36,000,000 PRN SOLE 36,000,000 0 0 04/15/2015 CONV OA Michael Kors Holdings, Ltd. ADR G60754101 16113 283724 SH SOLE 221164 0 62560 Microsoft Corp. COM 594918104 9318 325695 SH SOLE 45058 0 0 MIMEDX GROUP INC COM 602496101 2223 436789 SH SOLE 83281 0 353508 MINDSPEED TECHNOLOGIES INC COM 602682205 391 117681 SH SOLE 0 0 117681 Mitek Systems Inc. COM 606710200 1630 348268 SH SOLE 28307 0 319961 Mobile Telesystems - SP ADR ADR 607409109 5402 260449 SH SOLE 247843 0 12606 MODEL N INC COM 607525102 973 49075 SH SOLE 20068 0 29007 MOLSON COORS BREWING CO CMN COM 60871R209 1,487 30,400 SH SOLE 30,400 0 0 CLASS B Mondelez International, Inc. COM 609207105 1845 60263 SH SOLE 45004 0 15259 Morgan Stanley COM 617446448 5174 235403 SH SOLE 200479 0 34924 Movado Group COM 624580106 8344 248913 SH SOLE 149947 0 98966

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- Move Inc COM 62458M207 1045 87435 SH SOLE 35722 0 51713 MPLX LP COM 55336V100 5366 143294 SH SOLE 0 0 143294 MRC Global, Inc. COM 55345K103 14177 430528 SH SOLE 320885 0 109643 Muella Water Products Inc COM 624758108 245 41300 SH SOLE 0 0 41300 Multimedia Games, Inc. COM 625453105 11912 570787 SH SOLE 330995 0 239792 MYR GROUP INC/DELAWARE COM 55405W104 1309 53310 SH SOLE 21760 0 31550 National Oilwell Varco, Inc. COM 637071101 6889 97376 SH SOLE 89306 0 8070 NATURAL GROCERS BY VITAMIN C COM 63888U108 1753 77719 SH SOLE 31716 0 46003 Nci Building Systems COM 628852204 3016 173632 SH SOLE 63533 0 110099 Nektar Therapeutics COM 640268108 3081 280096 SH SOLE 96416 0 183680 Neurocrine Biosciences, Inc. COM 64125C109 9600 789771 SH SOLE 427775 0 361996 NewCastle Investment Corp COM 65105M108 1226 109743 SH SOLE 13930 0 95813 Nike, Inc. - B COM 654106103 680 11522 SH SOLE 6883 0 4639 NORTHERN TIER ENERGY LP COM 665826103 10766 360080 SH SOLE 20180 0 339900 NORWEGIAN CRUISE LINE HOLDIN COM 1316 44378 SH SOLE 13315 0 31063 NOVADAQ TECHNOLOGIES INC ADR 66987G102 2222 224179 SH SOLE 92179 0 132000 NQ Mobile Inc - ADR ADR 64118U108 978 108554 SH SOLE 6278 0 102276 NUANCE COMMUNICATIONS, INC. 2.75% 67020YAF7 10,331 10,000,000 PRN SOLE 10,000,000 0 0 11/01/2031 CONV MN NXP Semiconductors NV ADR N6596X109 500 16496 SH SOLE 2675 0 13821 Oasis Petroleum, Inc. COM 674215108 6444 169260 SH SOLE 119535 0 49725 Occidental Petroleum Corp. COM 674599105 1277 16290 SH SOLE 16290 0 0 Ocwen Financial Corp CALL 675746909 758 20000 SH CALL SOLE 0 0 20000 Ocwen Financial Corp COM 675746309 3080 81226 SH SOLE 14278 0 66948 ODYSSEY MARINE EXPLORATION COM 676118102 1034 317054 SH SOLE 129324 0 187730 OFG Bancorp ADR 67103X102 974 62810 SH SOLE 6703 0 56107 Old Dominion Freight Line COM 679580100 7805 204326 SH SOLE 138252 0 66074 Omega Healthcare Investors COM 681936100 8041 264850 SH SOLE 0 0 264850 On Assignment Inc. COM 682159108 7494 296107 SH SOLE 175643 0 120464 OREXIGEN THERAPEUTICS INC COM 686164104 1547 247136 SH SOLE 100838 0 146298 OSI Systems, Inc. COM 671044105 3878 62252 SH SOLE 43818 0 18434 Owens Corning, Inc. COM 690742101 2334 59198 SH SOLE 25883 0 33315 Oxford Industries Inc. COM 691497309 1451 27333 SH SOLE 19298 0 8035 PACIRA PHARMACEUTICALS INC COM 695127100 866 30013 SH SOLE 12255 0 17758 Palo Alto Networks, Inc. COM 697435105 8677 153301 SH SOLE 126340 0 26961 Patrick Industries Inc. COM 703343103 2722 172728 SH SOLE 70555 0 102173 PBF Energy, Inc. COM 69318G106 1277 34366 SH SOLE 9025 0 25341 PDF Solutions COM 693282105 1233 76951 SH SOLE 31491 0 45460 Pfizer, Inc. COM 717081103 1339 46387 SH SOLE 27699 0 18688 PGT INC COM 69336V101 1296 188588 SH SOLE 50864 0 137724 Pharmacyclics Inc COM 716933106 3956 49200 SH SOLE 28110 0 21090 Pier 1 Imports Inc./Del. COM 720279108 400 17389 SH SOLE 5745 0 11644 Plains All American Pipeline LP COM 726503105 6322 111936 SH SOLE 0 0 111936 Plum Creek Timber Co. COM 729251108 5993 114818 SH SOLE 0 0 114818 Polaris Industries COM 731068102 7885 85256 SH SOLE 65914 0 19342 Polyone Corporation COM 73179P106 4343 177919 SH SOLE 125474 0 52445 Powell Industries Inc. COM 739128106 1457 27718 SH SOLE 11325 0 16393 PowerSecure International Inc COM 73936N105 5609 441294 SH SOLE 53071 0 388223 Precision Castparts Corp. COM 740189105 5276 27824 SH SOLE 23255 0 4569 priceline.com, Inc. COM 741503403 7703 11193 SH SOLE 9754 0 1439 PRIMORIS SERVICES CORP COM 74164F103 5156 233180 SH SOLE 152901 0 80279 PROS HOLDINGS INC COM 74346Y103 3804 140018 SH SOLE 55473 0 84545 PROTO LABS INC COM 743713109 6197 126214 SH SOLE 61160 0 65054 Provident Financial Hldg COM 743868101 287 16880 SH SOLE 0 0 16880 Pulte Corp. COM 745867101 1286 63526 SH SOLE 14910 0 48616 PUT/GLD @ 162 EXP 06/22/2013 PUT 78463V107 2,077 2,430 SH PUT SOLE 2,430 0 0 PUT/GLD @ 162 EXP 06/22/2013 PUT 78463V107 359 420 SH PUT SOLE 420 0 0 QLIK Technologies, Inc. COM 74733T105 1637 63372 SH SOLE 11344 0 52028 QR ENERGY LP COM 74734R108 1942 109776 SH SOLE 0 0 109776

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- Quaker Chemical Corp. COM 747316107 1197 20280 SH SOLE 8276 0 12004 Qualcomm, Inc. COM 747525103 8193 122387 SH SOLE 103549 0 18838 Quanta Services, Inc. COM 74762E102 916 32042 SH SOLE 7584 0 24458 Quidel Corp. COM 74838J101 2009 84609 SH SOLE 34542 0 50067 Radian Group Inc COM 750236101 1415 132100 SH SOLE 15845 0 116255 Ramco-gershenson Ppty Tr COM 751452202 4886 290805 SH SOLE 0 0 290805 REED'S INC COM 758338107 1956 479471 SH SOLE 8737 0 470734 Regal Entertainment Group - A COM 758766109 6985 419022 SH SOLE 0 0 419022 REGENCY ENERGY PARTNERS LP COM 75885Y107 2287 91200 SH SOLE 0 0 91200 Repros Therapeutics Inc COM 76028H209 1062 65964 SH SOLE 26937 0 39027 RESPONSYS INC COM 761248103 310 35000 SH SOLE 0 0 35000 Restoration Hardware Holding COM 761283100 419 11983 SH SOLE 2472 0 9511 RF Micro Devices, Inc. COM 749941100 1168 219510 SH SOLE 27015 0 192495 Rio Tinto PLC - SP ADR ADR 767204100 9801 208178 SH SOLE 187477 0 20701 RLJ LODGING TRUST COM 74965L101 3683 161805 SH SOLE 0 0 161805 Rock Tenn Co. COM 772739207 3437 37043 SH SOLE 17036 0 20007 Ross Stores, Inc. COM 778296103 9989 164786 SH SOLE 118381 0 46405 RTI International Metals COM 74973W107 1460 46083 SH SOLE 5738 0 40345 Ruckus Wireless, Inc. COM 781220108 4868 231798 SH SOLE 119145 0 112653 Ryman Hospitality Properties COM 78377T107 6908 151002 SH SOLE 1953 0 149049 S&W SEED CO COM 785135104 1164 110746 SH SOLE 22897 0 87849 SABRA HEALTH CARE REIT INC COM 78573L106 8239 284006 SH SOLE 0 0 284006 SAGENT PHARMACEUTICALS INC COM 786692103 672 38272 SH SOLE 4365 0 33907 Saia Inc COM 78709Y105 1384 38253 SH SOLE 15613 0 22640 Salesforce.com, Inc. COM 79466L302 11523 64435 SH SOLE 49197 0 15238 Sangamo Biosciences, Inc COM 800677106 4075 426242 SH SOLE 265579 0 160663 Santarus Inc COM 802817304 437 25192 SH SOLE 7499 0 17693 SAP AG ADR 803054204 1728 21455 SH SOLE 18235 0 3220 Schlumberger, Ltd. COM 806857108 6780 90536 SH SOLE 86152 0 4384 SCIQUEST INC COM 80908T101 1294 53828 SH SOLE 21987 0 31841 SELECT INCOME REIT COM 81618T100 4714 178219 SH SOLE 0 0 178219 SEMGROUP CORP-CLASS A COM 81663A105 6408 123898 SH SOLE 77900 0 45998 Sensata Technologies Holding NV ADR N7902X106 7157 217750 SH SOLE 195548 0 22202 SILICON GRAPHICS INTERNATION COM 82706L108 290 21100 SH SOLE 0 0 21100 SILVER BAY REALTY TRUST CORP COM 82735Q102 346 16702 SH SOLE 0 0 16702 Simon Property Group Inc. COM 828806109 1597 10073 SH SOLE 0 0 10073 Sirius XM Radio Inc COM 82967N108 134 43536 SH SOLE 10148 0 33388 Skechers USA, Inc. - A COM 830566105 271 12800 SH SOLE 0 0 12800 Sodastream International, Ltd. CALL M90683905 596 12000 SH CALL SOLE 0 0 12000 Sodastream International, Ltd. ADR M9068E105 1714 34531 SH SOLE 4197 0 30334 SOLARCITY CORP COM 83416T100 2599 137663 SH SOLE 96962 0 40701 Solarwinds, Inc. COM 83416B109 16376 277096 SH SOLE 210026 0 67070 Sonus Network COM 835916107 2361 911696 SH SOLE 123340 0 788356 Spdr DJ Wilshire Intl Real E COM 78463X863 535 12439 SH SOLE 0 0 12439 SPDR GOLD TRUST ETF ETF 78463V107 17,761 115,000 SH SOLE 115,000 0 0 SPDR S&P 500 ETF TRUST PUT 78462F953 5483 35000 SH PUT SOLE 0 0 35000 SPDR S&P 500 ETF TRUST PUT 78462F953 2193 14000 SH PUT SOLE 0 0 14000 Spectranetics Corp. COM 84760C107 13797 744589 SH SOLE 404148 0 340441 Spirit Airlines, Inc. COM 848577102 5618 221531 SH SOLE 110151 0 111380 SPIRIT REALTY CAPITAL INC COM 84860F109 4225 222350 SH SOLE 0 0 222350 Splunk, Inc. COM 848637104 8287 207013 SH SOLE 127819 0 79194 SPS COMMERCE INC COM 78463M107 4949 115980 SH SOLE 47387 0 68593 STAG INDUSTRIAL INC COM 85254J102 5991 281657 SH SOLE 0 0 281657 Stage Stores Inc. COM 85254C305 5060 195520 SH SOLE 119530 0 75990 Starbucks Corp. COM 855244109 8741 153487 SH SOLE 130454 0 23033 STARWOOD PROPERTY TRUST INC COM 85571B105 5759 207451 SH SOLE 0 0 207451 Stein Mart Inc. COM 858375108 1268 151371 SH SOLE 61823 0 89548 Stratasys, Ltd. ADR M85548101 13617 183462 SH SOLE 122211 0 61251 SUNESIS PHARMACEUTICALS INC COM 867328601 1656 302813 SH SOLE 123527 0 179286 SUNOCO LOGISTICS PARTNERS LP COM 86764L108 6371 97411 SH SOLE 0 0 97411

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- Sunpower Corp COM 867652406 1729 149866 SH SOLE 27307 0 122559 SUNPOWER CORPORATION 4.5% CNV 867652AE9 14,156 14,130,000 PRN SOLE 8,130,000 0 0 03/15/2015 CONV SM SUNTECH POWER HOLDINGS CO 3% CNV 86800CAE4 9,163 31,872,000 PRN SOLE 31,872,000 0 0 03/15/2049 CONV SM SurModics Inc COM 868873100 1834 67303 SH SOLE 27469 0 39834 SUSSER HOLDINGS CORP COM 869233106 1507 29491 SH SOLE 12052 0 17439 Swift Transportation Inc. COM 87074U10 170 12000 SH SOLE 3961 0 8039 Synageva BioPharma Corp. COM 87159A103 10597 192956 SH SOLE 152947 0 40009 SYNERGY RESOURCES CORP COM 87164P103 3648 531774 SH SOLE 195166 0 336608 Synta Pharmaeuticals Corp COM 87162T206 6136 713498 SH SOLE 414394 0 299104 Taiwan Semiconductor Mfg. Co., ADR 874039100 26957 1568160 SH SOLE 1490475 0 77685 Ltd. - SP ADR Targa Resources Corp COM 87612G101 11837 174173 SH SOLE 5048 0 169125 TARGA RESOURCES PARTNERS LP COM 87611X105 13507 293500 SH SOLE 0 0 293500 Target Corp. COM 87612E106 1083 15819 SH SOLE 9001 0 6818 Tata Motors, Ltd. - SP ADR ADR 876568502 3272 134052 SH SOLE 108696 0 25356 Team Inc. COM 878155100 6998 170389 SH SOLE 91698 0 78691 TEARLAB CORP COM 878193101 3838 556276 SH SOLE 227311 0 328965 Tenet Healthcare Corp. COM 88033G407 869 18256 SH SOLE 6033 0 12223 Terex Corp. COM 880779103 4381 127271 SH SOLE 83265 0 44006 TESORO LOGISTICS LP COM 88160T107 9100 168619 SH SOLE 0 0 168619 Texas Industries, Inc. COM 882491103 7830 124067 SH SOLE 75988 0 48079 THRESHOLD PHARMACEUTICALS COM 885807206 1444 313181 SH SOLE 127868 0 185313 TILE SHOP HLDGS INC COM 88677Q109 2321 110483 SH SOLE 24520 0 85963 Titan Machinery Inc COM 88830R101 3615 130160 SH SOLE 78418 0 51742 TOWER INTERNATIONAL INC COM 891826109 207 14766 SH SOLE 0 0 14766 TREX COMPANY INC COM 89531P105 2571 52283 SH SOLE 18791 0 33492 TRI POINTE HOMES INC COM 87265H109 5865 291064 SH SOLE 33967 0 257097 TRIANGLE PETROLEUM CORP COM 89600B201 1211 183463 SH SOLE 74918 0 108545 TRIPADVISOR INC COM 896945201 742 14134 SH SOLE 2257 0 11877 Triumph Group, Inc. COM 896818101 15668 199593 SH SOLE 120856 0 78737 TRULIA INC COM 897888103 452 14400 SH SOLE 4288 0 10112 Tuesday Morning Corp. COM 899035505 1751 225702 SH SOLE 92191 0 133511 TWO HARBORS INVESTMENT CORP COM 90187B101 4298 340878 SH SOLE 0 0 340878 Tyler Technologies Inc COM 902252105 1303 21268 SH SOLE 6659 0 14609 Ulta Salon, Cosmetics & COM 90384S303 9334 114823 SH SOLE 93430 0 21393 Fragrance, Inc. Ultimate Software Group, Inc. COM 90385D107 11694 112265 SH SOLE 70786 0 41479 Ultratech Inc. COM 904034105 8130 205666 SH SOLE 119188 0 86478 UNI-PIXEL INC COM 904572203 1515 49416 SH SOLE 5977 0 43439 United Continental Holdings, COM 910047109 324 10108 SH SOLE 2353 0 7755 Inc. United Rentals, Inc. COM 911363109 6450 117342 SH SOLE 67458 0 49884 US SILICA HOLDINGS INC COM 90346E103 4882 207050 SH SOLE 117556 0 89494 USA TECHNOLOGIES INC COM 90328S500 3197 1220109 SH SOLE 0 0 1220109 Valero Energy Corp. COM 91913Y100 3836 84328 SH SOLE 67566 0 16762 Ventas Inc COM 92276F100 5151 70374 SH SOLE 0 0 70374 VIPSHOP HOLDINGS LTD - ADS ADR 92763W103 14896 490496 SH SOLE 59323 0 431173 VIRTUSA CORP COM 92827P102 2188 92106 SH SOLE 37648 0 54458 Visionchina Media, Inc. - ADR ADR 92833U202 69 19616 SH SOLE 0 0 19616 VOCERA COMMUNICATIONS INC COM 92857F107 1734 75395 SH SOLE 31972 0 43423 Wabash National Corp. COM 929566107 372 36625 SH SOLE 0 0 36625 Walter Investment Management COM 93317W102 6426 172515 SH SOLE 107033 0 65482 Corp. WEBMD HEALTH CORP 2.25000000 CNV 94770VAH5 23,961 24,450,000 PRN SOLE 24,450,000 0 0 03/31/2016 CONvertible ratio unknown WESTERN ALLIANCE BANCORP COM 957638109 4459 322205 SH SOLE 194260 0 127945 WESTERN GAS EQUITY PARTNERS COM 95825R103 5914 173059 SH SOLE 0 0 173059

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------- WESTERN GAS PARTNERS LP COM 958254104 10504 176800 SH SOLE 0 0 176800 Western Refinning Inc COM 959319104 1616 45631 SH SOLE 7909 0 37722 Weyerhaeuser Co. COM 962166104 3756 119700 SH SOLE 0 0 119700 Whirlpool Corp. COM 963320106 3274 27636 SH SOLE 23641 0 3995 WHITEHORSE FINANCE INC COM 96524V106 1661 104954 SH SOLE 0 0 104954 Whole Foods Market, Inc. COM 966837106 6837 78813 SH SOLE 70623 0 8190 Willbros Group Inc COM 969203108 964 98149 SH SOLE 40121 0 58028 WILSHIRE BANCORP INC COM 97186T10 1640 241920 SH SOLE 98861 0 143059 Winnebago Industries COM 974637100 4598 222758 SH SOLE 157218 0 65540 Workday, Inc. - A COM 98138H101 2293 37214 SH SOLE 16688 0 20526 Wynn Resorts, Ltd. COM 983134107 4254 33992 SH SOLE 14517 0 19475 XOMA Corp COM 98419J107 5929 1698953 SH SOLE 884047 0 682775 XOOM CORP COM 98419Q101 3707 162299 SH SOLE 89773 0 72526 Yum! Brands, Inc. COM 988498101 7192 99969 SH SOLE 93752 0 6217 YY INC-ADR ADR 98426T106 3511 207765 SH SOLE 21748 0 186017 ZYNGA INC - CL A COM 98986T108 1122 334015 SH SOLE 56107 0 277908