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
ACCENTURE PLC-CL A COMMON G1151C101 548,085 4,571,949 SH   SOLE   4,571,949 0 0
ACE LIMITED - OLD TICKER COMMON H1467J104 691,208 5,073,080 SH   SOLE   5,073,080 0 0
ADDUS HOMECARE COMMON 006739106 9,154 286,047 SH   SOLE   286,047 0 0
ADIDAS AG ADR COMMON 00687A107 83,521 877,412 SH   SOLE   877,412 0 0
AIA GROUP LTD-SP ADR COMMON 001317205 85,295 3,361,345 SH   SOLE   3,361,345 0 0
ALIBABA GROUP HOLDING-SP ADR COMMON 01609W102 8,646 80,179 SH   SOLE   80,179 0 0
AMAZON.COM INC COMMON 023135106 56,803 64,073 SH   SOLE   64,073 0 0
AMERICAN SOFTWARE CLASS A COMMON 029683109 3,601 350,339 SH   SOLE   350,339 0 0
AMERICAS CAR MART INC COMMON 03062T105 7,459 204,642 SH   SOLE   204,642 0 0
AMPHENOL CORP COMMON 032095101 48,683 684,045 SH   SOLE   684,045 0 0
ATLAS FINANCIAL HOLDINGS COMMON G06207115 6,079 445,378 SH   SOLE   445,378 0 0
BOSTON SCIENTIFIC CORP COMMON 101137107 46,426 1,866,739 SH   SOLE   1,866,739 0 0
BROWN & BROWN INC COMMON 115236101 1,079 25,861 SH   SOLE   25,861 0 0
BROWN-FORMAN CORP-CLASS B COMMON 115637209 40,949 886,729 SH   SOLE   886,729 0 0
CABOT MICROELECTRONICS COMMON 12709P103 1,394 18,195 SH   SOLE   18,195 0 0
CANADIAN NATL RAILWAY CO COMMON 136375102 50,190 678,881 SH   SOLE   678,881 0 0
CANADIAN PACIFIC RAILWAY COMMON 13645T100 515,667 3,509,846 SH   SOLE   3,509,846 0 0
CASS INFORMATION SYSTEMS COMMON 14808P109 5,509 83,344 SH   SOLE   83,344 0 0
CERNER CORP COMMON 156782104 40,939 695,649 SH   SOLE   695,649 0 0
CHASE CORP COMMON 16150R104 4,434 46,483 SH   SOLE   46,483 0 0
CHINA BIOLOGIC PRODUCTS, INC. COMMON 16938C106 6,580 65,715 SH   SOLE   65,715 0 0
CHR HANSEN HOLDING - SPON ADR COMMON 12545M207 90,959 2,816,937 SH   SOLE   2,816,937 0 0
CHUBB LTD COMMON H1467J104 691,208 5,073,080 SH   SOLE   5,073,080 0 0
COCA-COLA ICECEK AS-SP ADR COMMON 1912ER308 633 65,366 SH   SOLE   65,366 0 0
COLOPLAST AS- UNSPON ADR COMMON 19624Y101 109,094 14,040,323 SH   SOLE   14,040,323 0 0
COMPANHIA DE BEBIDAS DAS AMERICA COMMON 02319V103 419,719 72,867,910 SH   SOLE   72,867,910 0 0
COMPASS GROUP PLC-ADR COMMON 20449X302 138,455 7,188,739 SH   SOLE   7,188,739 0 0
CONSTELLATION SOFTWARE INC COMMON 21037X100 319 650 SH   SOLE   650 0 0
COOPER COMPANIES (THE) COMMON 216648402 52,260 261,445 SH   SOLE   261,445 0 0
CORE LABORATORIES N.V. COMMON N22717107 477,109 4,130,102 SH   SOLE   4,130,102 0 0
COSTCO WHOLESALE CORP COMMON 22160K105 38,202 227,814 SH   SOLE   227,814 0 0
CREDICORP COMMON G2519Y108 2,547 15,597 SH   SOLE   15,597 0 0
CROWN CASTLE INTL CORP COMMON 22822V101 43,840 464,156 SH   SOLE   464,156 0 0
CROWN CRAFTS COMMON 228309100 2,431 295,618 SH   SOLE   295,618 0 0
CSL LTD-SPONSORED ADR COMMON 12637N204 180,298 3,752,309 SH   SOLE   3,752,309 0 0
CTRIP.COM INT'L ADR COMMON 22943F100 503,422 10,242,560 SH   SOLE   10,242,560 0 0
CULP INC COMMON 230215105 2,338 74,926 SH   SOLE   74,926 0 0
DORMAN PRODUCTS, INC. COMMON 258278100 861 10,482 SH   SOLE   10,482 0 0
DSV A/S-UNSPONSORED ADR COMMON 26251A108 112,747 4,341,444 SH   SOLE   4,341,444 0 0
ECOLAB INC COMMON 278865100 46,227 368,811 SH   SOLE   368,811 0 0
EDWARDS LIFESCIENCES CORP COMMON 28176E108 23,782 252,814 SH   SOLE   252,814 0 0
EMBRAER SA-ADR COMMON 29082A107 5,100 230,993 SH   SOLE   230,993 0 0
ENERSYS COMMON 29275Y102 1,854 23,487 SH   SOLE   23,487 0 0
ESSILOR INTERNATIONAL-UNSPON ADR COMMON 297284200 92,725 1,523,334 SH   SOLE   1,523,334 0 0
ESSILOR INTERNATIONAL-UNSPON ADR COMMON 297284200 92,725 1,523,334 SH   SOLE   1,523,334 0 0
EUROCASH SA-UNSP ADR COMMON 29872M105 1,190 153,985 SH   SOLE   153,985 0 0
EXPERIAN PLC SPONSORED ADR COMMON 30215C101 160,288 7,843,780 SH   SOLE   7,843,780 0 0
FACEBOOK INC COMMON 30303M102 40,955 288,312 SH   SOLE   288,312 0 0
FIRST REPUBLIC BANK/CA COMMON 33616C100 29,110 310,311 SH   SOLE   310,311 0 0
FLIR SYSTEMS, INC. COMMON 302445101 634 17,485 SH   SOLE   17,485 0 0
FOMENTO ECONOMICO MEX SP ADR COMMON 344419106 1,687 19,053 SH   SOLE   19,053 0 0
GLOBANT SA COMMON L44385109 2,716 74,614 SH   SOLE   74,614 0 0
GORMAN-RUPP COMPANY COMMON 383082104 844 26,892 SH   SOLE   26,892 0 0
GRACO INC. COMMON 384109104 341 3,620 SH   SOLE   3,620 0 0
GRAHAM CORP COMMON 384556106 6,362 276,596 SH   SOLE   276,596 0 0
GRUPO AEROPORTUARIO SUR-ADR COMMON 40051E202 5,196 29,993 SH   SOLE   29,993 0 0
HDFC BANK LTD-ADR COMMON 40415F101 519,830 6,910,791 SH   SOLE   6,910,791 0 0
HERMES INTL-UNSPONSORED ADR COMMON 42751Q105 88,164 1,854,916 SH   SOLE   1,854,916 0 0
HFF, INC. CLASS A COMMON 40418F108 947 34,228 SH   SOLE   34,228 0 0
ICON PLC COMMON G4705A100 295,941 3,712,253 SH   SOLE   3,712,253 0 0
INC RESEARCH HOLDINGS COMMON 45329R109 1,399 30,505 SH   SOLE   30,505 0 0
INDITEX-UNSPON ADR COMMON 455793109 54,605 3,106,958 SH   SOLE   3,106,958 0 0
J & J SNACK FOODS CORP. COMMON 466032109 327 2,410 SH   SOLE   2,410 0 0
JD COM INC CL A ADR COMMON 47215P106 2,650 85,191 SH   SOLE   85,191 0 0
JOHN B. SANFILIPPO & SON, INC. COMMON 800422107 642 8,777 SH   SOLE   8,777 0 0
KALBE FARMA ADS COMMON 69368A108 2,506 106,982 SH   SOLE   106,982 0 0
KMG CHEMICALS COMMON 482564101 2,619 56,840 SH   SOLE   56,840 0 0
LAZARD LTD-CL A COMMON G54050102 283,353 6,161,175 SH   SOLE   6,161,175 0 0
LUXOFT HOLDINGS COMMON G57279104 6,822 109,066 SH   SOLE   109,066 0 0
LUXOTTICA GROUP SPA-SPON ADR COMMON 55068R202 70,963 1,289,065 SH   SOLE   1,289,065 0 0
LVMH MOET HENNESSY-UNSP ADR COMMON 502441306 110,539 2,514,517 SH   SOLE   2,514,517 0 0
MAXIMUS INC COMMON 577933104 1,518 24,411 SH   SOLE   24,411 0 0
MERCADOLIBRE INC COMMON 58733R102 70,007 331,049 SH   SOLE   331,049 0 0
MONOTYPE IMAGING HOLDINGS COMMON 61022P100 1,111 55,259 SH   SOLE   55,259 0 0
NATIONAL RESEARCH CORP CLASS A COMMON 637372202 1,428 72,507 SH   SOLE   72,507 0 0
NATIONAL RESEARCH CORP CLASS B COMMON 637372301 1,996 50,863 SH   SOLE   50,863 0 0
NATURAL GAS SERVICES GROUP COMMON 63886Q109 4,162 159,757 SH   SOLE   159,757 0 0
NATUS MEDICAL INCORPORATED COMMON 639050103 1,594 40,615 SH   SOLE   40,615 0 0
NESTLE SA - SPONS ADR FOR REG COMMON 641069406 152,125 1,978,215 SH   SOLE   1,978,215 0 0
NIC INC COMMON 62914B100 1,680 83,180 SH   SOLE   83,180 0 0
NMC HEALTH PLC - UNSP ADR COMMON 00BWWC450 1,113 49,302 SH   SOLE   49,302 0 0
NOVOZYMES A/S - ADR COMMON 670108109 98,184 2,475,945 SH   SOLE   2,475,945 0 0
PRAXAIR INC COMMON 74005P104 23,588 198,890 SH   SOLE   198,890 0 0
PRICESMART INC COMMON 741511109 2,053 22,266 SH   SOLE   22,266 0 0
QUINTILES TRANSNATIONAL HOLD COMMON 74876Y101 44,955 558,238 SH   SOLE   558,238 0 0
RECKITT BENCKISER GR-ADR COMMON 756255204 153,957 8,275,066 SH   SOLE   8,275,066 0 0
SAGA COMMUNICATIONS CLASS A COMMON 786598300 2,240 43,875 SH   SOLE   43,875 0 0
SCHLUMBERGER LTD COMMON 806857108 42,738 547,223 SH   SOLE   547,223 0 0
SCHWAB (CHARLES) CORP COMMON 808513105 14,514 355,655 SH   SOLE   355,655 0 0
SCHWAB (CHARLES) CORP COMMON 808513105 14,514 355,655 SH   SOLE   355,655 0 0
SGS SA - ADR COMMON 818800104 107,173 5,035,111 SH   SOLE   5,035,111 0 0
SP PLUS CORP COMMON 78469C103 4,515 133,779 SH   SOLE   133,779 0 0
SUN HYDRAULICS COMMON 866942105 1,092 30,245 SH   SOLE   30,245 0 0
SYSMEX CORP UNSPON ADR COMMON 87184P109 55,141 1,810,566 SH   SOLE   1,810,566 0 0
TAIWAN SEMICONDUCTOR MFG CO. COMMON 874039100 578,389 17,612,359 SH   SOLE   17,612,359 0 0
TECHTRONIC INDUSTRIES-SP ADR COMMON 87873R101 4,236 209,875 SH   SOLE   209,875 0 0
TELEKOMUNIK INDONESIA-SP ADR COMMON 715684106 5,118 164,187 SH   SOLE   164,187 0 0
TENCENT HOLDINGS LTD-UNS ADR COMMON 88032Q109 139,327 4,827,671 SH   SOLE   4,827,671 0 0
THERMON GROUP HOLDINGS COMMON 88362T103 4,950 237,534 SH   SOLE   237,534 0 0
TRACTOR SUPPLY COMPANY COMMON 892356106 30,183 437,624 SH   SOLE   437,624 0 0
TRANSCAT INC COMMON 893529107 6,055 476,787 SH   SOLE   476,787 0 0
TRIPADVISOR INC COMMON 896945201 9,376 217,229 SH   SOLE   217,229 0 0
TYLER TECHNOLOGIES INC COMMON 902252105 30,935 200,149 SH   SOLE   200,149 0 0
UFP TECHNOLOGIES COMMON 902673102 7,096 273,961 SH   SOLE   273,961 0 0
UNDER ARMOUR INC-CLASS C COMMON 904311206 20,954 1,145,016 SH   SOLE   1,145,016 0 0
UNIFIRST CORP COMMON 904708104 1,910 13,501 SH   SOLE   13,501 0 0
UNIVERSAL ROBINA CORP-ADR COMMON 913803201 1,654 51,371 SH   SOLE   51,371 0 0
US ECOLOGY COMMON 91732J102 337 7,197 SH   SOLE   7,197 0 0
UTAH MEDICAL PRODUCTS COMMON 917488108 5,060 81,217 SH   SOLE   81,217 0 0
VERISK ANALYTIC COMMON 92345Y106 40,568 499,972 SH   SOLE   499,972 0 0
VIRTUS INVESTMENT PARTNERS COMMON 92828Q109 886 8,369 SH   SOLE   8,369 0 0
VISA INC - CLASS A SHRS COMMON 92826C839 47,118 530,187 SH   SOLE   530,187 0 0
WALMART DE MEXICO-SPON ADR V COMMON 93114W107 98,017 4,256,094 SH   SOLE   4,256,094 0 0
WINMARK CORP COMMON 974250102 4,967 43,955 SH   SOLE   43,955 0 0
WORKDAY INC - CLASS A COMMON 98138H101 291 3,500 SH   SOLE   3,500 0 0
WYNN RESORTS LTD COMMON 983134107 344 3,000 SH   SOLE   3,000 0 0
YANDEX NV-A COMMON N97284108 324,546 14,799,163 SH   SOLE   14,799,163 0 0