Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ROCKWELL MED INC	616,555	$7.392M	5.2%	$3.71	—	COM	774374102
—	ST JUDE MED INC	88,655	$6.139M	4.3%	$46.92	—	COM	790849103
—	CARDIOVASCULAR SYS INC DEL	130,050	$4.052M	2.9%	$23.15	—	COM	141619106
—	UROPLASTY INC	1,310,011	$3.511M	2.5%	$2.08	—	COM NEW	917277204
—	APPLIANCE RECYCLING CTRS AME	818,621	$3.267M	2.3%	$2.58	—	COM NEW	03814F205
—	BACTERIN INTL HLDGS INC	4,824,185	$3.257M	2.3%	$0.61	—	COM	05644R101
—	DOT HILL SYS CORP	672,281	$3.16M	2.2%	$2.19	—	COM	25848T109
EDAP	EDAP TMS S A	603,900	$3.007M	2.1%	$2.87	—	SPONSORED ADR	268311107
—	U.S. AUTO PARTS NETWORK INC	782,400	$2.824M	2.0%	$1.48	—	COM	90343C100
—	SPEED COMM INC	707,500	$2.646M	1.9%	$3.28	—	COM	84764T106
NEO	NEOGENOMICS INC	789,980	$2.623M	1.8%	$3.48	-4.6%	COM NEW	64049M209
—	VENAXIS INC	1,128,203	$2.516M	1.8%	$1.33	—	COM	92262A107
ATRC	ATRICURE INC	130,650	$2.401M	1.7%	$10.20	+63.1%	COM	04963C209
—	QUMU CORP	170,100	$2.38M	1.7%	$14.16	—	COM	749063103
—	WAVE SYSTEMS CORP	1,652,651	$2.33M	1.6%	$1.15	—	CL A PAR $0.01	943526400
—	CARDICA INC	1,902,781	$2.169M	1.5%	$1.11	—	COM	14141R101
—	COMPUTER TASK GROUP INC	127,550	$2.099M	1.5%	$21.81	—	COM	205477102
—	PHARMATHENE INC	1,484,300	$2.093M	1.5%	$1.58	—	COM	71714G102
—	SUPERVALU INC	250,433	$2.059M	1.4%	$6.22	—	COM	868536103
—	UQM TECHNOLOGIES INC	900,703	$2.045M	1.4%	$2.19	—	COM	903213106
PFE	PFIZER INC	63,829	$1.894M	1.3%	$16.46	+6.6%	COM	717081103
—	CYTORI THERAPEUTICS INC	773,329	$1.848M	1.3%	$2.32	—	COM	23283K105
DLX	DELUXE CORP	31,242	$1.83M	1.3%	$23.94	+47.5%	COM	248019101
BAX	BAXTER INTL INC	22,923	$1.657M	1.2%	$30.42	+7.5%	COM	071813109
—	GLU MOBILE INC	329,500	$1.648M	1.2%	$4.07	—	COM	379890106
AAPL	APPLE INC	17,640	$1.639M	1.2%	$18.03	+3.5%	COM	037833100
—	SEQUENOM INC	421,200	$1.63M	1.1%	$3.87	—	COM NEW	817337405
PLUS	EPLUS INC	27,500	$1.601M	1.1%	$12.34	+12.6%	COM	294268107
LMAT	LEMAITRE VASCULAR INC	190,949	$1.579M	1.1%	$6.32	+9.4%	COM	525558201
—	ONCOTHYREON INC	481,100	$1.559M	1.1%	$1.62	—	COM	682324108
TAP	MOLSON COORS BREWING CO	20,900	$1.55M	1.1%	$39.85	+22.1%	CL B	60871R209
—	INVENTURE FOODS INC	136,500	$1.538M	1.1%	$8.36	—	COM	461212102
—	ZIX CORP	408,716	$1.398M	1.0%	$4.23	—	COM	98974P100
—	INSIGNIA SYS INC	425,367	$1.387M	1.0%	$2.49	—	COM	45765Y105
—	DATALINK CORP	135,625	$1.356M	1.0%	$10.91	—	COM	237934104
—	HANSEN MEDICAL INC	996,700	$1.306M	0.9%	$1.43	—	COM	411307101
PNR	PENTAIR PLC	17,917	$1.292M	0.9%	$41.76	0.0%	SHS	G7S00T104
LLY	LILLY ELI & CO	20,450	$1.271M	0.9%	$42.21	+13.8%	COM	532457108
AAOI	APPLIED OPTOELECTRONICS INC	53,700	$1.246M	0.9%	$21.45	0.0%	COM	03823U102
LIQDQ	LIQUID HLDGS GROUP INC	650,000	$1.242M	0.9%	$2.68	0.0%	COM	53633A101
—	HEWLETT PACKARD CO	36,867	$1.242M	0.9%	$29.24	—	COM	428236103
IMRSQ	IMRIS INC	1,079,700	$1.22M	0.9%	$1.21	-1.7%	COM	45322N105
INVE	IDENTIV INC	109,075	$1.207M	0.8%	$8.77	0.0%	COM NEW	45170X205
CNMD	CONMED CORP	25,850	$1.141M	0.8%	$32.80	+20.5%	COM	207410101
UNH	UNITEDHEALTH GROUP INC	13,600	$1.112M	0.8%	$52.07	+25.2%	COM	91324P102
CVS	CVS CAREMARK CORPORATION	14,317	$1.079M	0.8%	$41.61	+31.9%	COM	126650100
—	ISIS PHARMACEUTICALS INC	30,965	$1.067M	0.8%	$26.88	—	COM	464330109
REI	RING ENERGY INC	60,700	$1.059M	0.7%	$14.19	+27.5%	COM	76680V108
PRLB	PROTO LABS INC	12,750	$1.044M	0.7%	$67.73	0.0%	COM	743713109
AXGN	AXOGEN INC	374,750	$1.042M	0.7%	$3.83	-28.9%	COM	05463X106
STAA	STAAR SURGICAL CO	61,900	$1.04M	0.7%	$8.10	+103.2%	COM PAR $0.01	852312305
—	LIFEVANTAGE CORP	674,348	$971K	0.7%	$2.32	—	COM	53222K106
IDXX	IDEXX LABS INC	7,000	$935K	0.7%	$48.06	+32.3%	COM	45168D104
NTCT	NETSCOUT SYS INC	21,000	$931K	0.7%	$23.36	+66.3%	COM	64115T104
JNJ	JOHNSON & JOHNSON	8,873	$928K	0.7%	$61.53	+18.9%	COM	478160104
—	OUTERWALL INC	15,500	$920K	0.6%	$67.27	—	COM	690070107
—	MEDTRONIC INC	14,300	$912K	0.6%	$51.66	—	COM	585055106
—	GLOBAL CASH ACCESS HLDGS INC	101,250	$901K	0.6%	$8.45	—	COM	378967103
—	COMSTOCK RES INC	29,500	$851K	0.6%	$28.85	—	COM NEW	205768203
DCI	DONALDSON INC	19,600	$829K	0.6%	$29.49	+16.5%	COM	257651109
—	BOTTOMLINE TECH DEL INC	26,800	$802K	0.6%	$34.90	—	COM	101388106
USB	US BANCORP DEL	17,533	$760K	0.5%	$22.50	+24.1%	COM NEW	902973304
—	BIOLASE INC	337,408	$742K	0.5%	$2.15	—	COM	090911108
—	INCONTACT INC	80,400	$739K	0.5%	$8.22	—	COM	45336E109
—	AEGION CORP	31,500	$733K	0.5%	$24.09	—	COM	00770F104
—	GSV CAP CORP	68,800	$727K	0.5%	$7.86	—	COM	36191J101
—	GLAXOSMITHKLINE PLC	13,250	$709K	0.5%	$50.00	—	SPONSORED ADR	37733W105
AWK	AMERICAN WTR WKS CO INC NEW	14,150	$700K	0.5%	$34.53	+7.9%	COM	030420103
—	BIOCEPT INC	115,950	$698K	0.5%	$7.04	—	COM	09072V105
GT	GOODYEAR TIRE & RUBR CO	24,500	$681K	0.5%	$19.19	+36.0%	COM	382550101
KMB	KIMBERLY CLARK CORP	6,100	$678K	0.5%	$71.75	0.0%	COM	494368103
—	ENDOLOGIX INC	43,900	$668K	0.5%	$13.28	—	COM	29266S106
SWK	STANLEY BLACK & DECKER INC	7,550	$663K	0.5%	$59.27	+7.1%	COM	854502101
GEOS	GEOSPACE TECHNOLOGIES CORP	12,000	$661K	0.5%	$80.13	-29.8%	COM	37364X109
SJM	SMUCKER J M CO	5,950	$634K	0.4%	$70.84	+0.8%	COM NEW	832696405
—	MANDALAY DIGITAL GROUP INC	158,000	$624K	0.4%	$3.95	—	COM NEW	562562207
THC	TENET HEALTHCARE CORP	13,150	$617K	0.4%	$44.41	+1.7%	COM NEW	88033G407
UIS	UNISYS CORP	24,550	$607K	0.4%	$32.24	-21.6%	COM NEW	909214306
GPN	GLOBAL PMTS INC	8,250	$601K	0.4%	$32.62	+0.1%	COM	37940X102
—	SYNERGY RES CORP	45,000	$596K	0.4%	$8.42	—	COM	87164P103
—	CRANE CO	7,800	$580K	0.4%	$61.61	—	COM	224399105
—	AMEDICA CORP	127,000	$573K	0.4%	$7.52	—	COM	023435100
GLW	CORNING INC	25,675	$564K	0.4%	$13.07	+19.9%	COM	219350105
—	AIR INDS GROUP INC	49,450	$537K	0.4%	$10.86	—	COM NEW	00912N205
—	DEPOMED INC	38,500	$535K	0.4%	$8.27	—	COM	249908104
BBY	BEST BUY INC	16,600	$515K	0.4%	$17.92	-0.9%	COM	086516101
USPH	U S PHYSICAL THERAPY INC	14,500	$496K	0.3%	$33.19	-2.7%	COM	90337L108
ABT	ABBOTT LABS	10,725	$439K	0.3%	$30.89	+2.0%	COM	002824100
—	IMATION CORP	125,530	$432K	0.3%	$5.54	—	COM	45245A107
MO	ALTRIA GROUP INC	10,150	$426K	0.3%	$16.28	+17.9%	COM	02209S103
—	VARIAN MED SYS INC	5,100	$424K	0.3%	$74.71	—	COM	92220P105
SSP	SCRIPPS E W CO OHIO	20,000	$423K	0.3%	$9.20	+35.0%	CL A NEW	811054402
MMM	3M CO	2,926	$419K	0.3%	$65.47	+23.8%	COM	88579Y101
—	XILINX INC	8,705	$412K	0.3%	$39.63	—	COM	983919101
—	AKERS BIOSCIENCES INC	95,700	$408K	0.3%	$4.56	—	COM	00973E102
—	BAXANO SURGICAL INC	710,900	$405K	0.3%	$2.19	—	COM	071773105
FUL	FULLER H B CO	6,950	$334K	0.2%	$41.82	-1.3%	COM	359694106
—	GENERAL ELECTRIC CO	12,635	$332K	0.2%	$28.02	—	COM	369604103
VZ	VERIZON COMMUNICATIONS INC	6,604	$323K	0.2%	$27.04	-0.9%	COM	92343V104
BLFS	BIOLIFE SOLUTIONS INC	136,000	$310K	0.2%	$2.70	0.0%	COM NEW	09062W204
MSFT	MICROSOFT CORP	7,435	$310K	0.2%	$31.26	+8.6%	COM	594918104
—	CYPRESS SEMICONDUCTOR CORP	27,075	$295K	0.2%	$10.27	—	COM	232806109
—	LAKES ENTMNT INC	61,000	$287K	0.2%	$3.53	—	COM	51206P109
TEVA	TEVA PHARMACEUTICAL INDS LTD	5,300	$278K	0.2%	$52.45	—	ADR	881624209
DGX	QUEST DIAGNOSTICS INC	4,300	$252K	0.2%	$42.22	+9.8%	COM	74834L100
GIS	GENERAL MLS INC	4,656	$245K	0.2%	$31.98	+11.9%	COM	370334104
NVDA	NVIDIA CORP	12,950	$240K	0.2%	$0.44	0.0%	COM	67066G104
—	BRIDGELINE DIGITAL INC	267,400	$235K	0.2%	$1.06	—	COM	10807Q205
—	INNERWORKINGS INC	27,500	$234K	0.2%	$7.67	—	COM	45773Y105
—	HEALTH CARE REIT INC	3,625	$227K	0.2%	$66.97	—	COM	42217K106
—	USA TECHNOLOGIES INC	105,650	$223K	0.2%	$2.07	—	COM NO PAR	90328S500
—	LIPOSCIENCE INC	63,500	$217K	0.2%	$4.17	—	COM	53630M108
CNP	CENTERPOINT ENERGY INC	8,438	$216K	0.2%	$16.16	0.0%	COM	15189T107
—	COMBIMATRIX CORPORATION	98,950	$212K	0.1%	$2.30	—	COM NEW	20009T303
INTC	INTEL CORP	6,700	$207K	0.1%	$20.69	0.0%	COM	458140100
INOD	INNODATA INC	61,500	$198K	0.1%	$3.04	0.0%	COM NEW	457642205
—	AMERICAN EAGLE ENERGY CORP	33,125	$198K	0.1%	$5.98	—	COM NEW	02554F300
—	ECHO GLOBAL LOGISTICS INC	10,000	$192K	0.1%	$20.90	—	COM	27875T101
—	SUMMER INFANT INC	60,000	$173K	0.1%	$2.81	—	COM	865646103
—	PENNEY J C INC	18,500	$167K	0.1%	$9.03	—	COM	708160106
—	MOSYS INC	52,000	$163K	0.1%	$4.18	—	COM	619718109
DZZ	DEUTSCHE BK AG LDN BRH	25,000	$152K	0.1%	$6.08	—	PS GOLD DS ETN	25154H756
—	SUPERCONDUCTOR TECHNOLOGIES	50,000	$145K	0.1%	$2.14	—	COM PAR $0.001	867931404
—	GIGOPTIX INC	104,500	$143K	0.1%	$1.57	—	COM	37517Y103
—	BG MEDICINE INC	133,000	$140K	0.1%	$1.05	—	COM	08861T107
CALX	CALIX INC	16,234	$133K	0.1%	$9.31	-12.2%	COM	13100M509
NSYS	NORTECH SYS INC	28,500	$133K	0.1%	$3.42	+42.3%	COM	656553104
ASUR	ASURE SOFTWARE INC	22,000	$133K	0.1%	$5.97	+2.9%	COM	04649U102
—	NANOSPHERE INC	68,500	$108K	0.1%	$2.46	—	COM	63009F105
—	POLYMET MINING CORP	95,500	$103K	0.1%	$0.78	—	COM	731916102
ELMD	ELECTROMED INC	67,600	$96,000	0.1%	$1.30	-1.9%	COM	285409108
—	AFFYMETRIX INC	10,500	$94,000	0.1%	$4.45	—	COM	00826T108
—	DIGIRAD CORP	24,000	$85,000	0.1%	$3.54	—	COM	253827109
—	CARDIOME PHARMA CORP	10,000	$79,000	0.1%	$6.21	—	COM NO PAR	14159U301
STXS	STEREOTAXIS INC	21,100	$75,000	0.1%	$4.32	-13.9%	COM	85916J409
—	MIDWAY GOLD CORP	80,000	$72,000	0.1%	$0.94	—	COM	598153104
—	TRANSGENOMIC INC	18,964	$71,000	0.0%	$3.74	—	COM NEW	89365K305
—	TOP IMAGE SYSTEMS LTD	15,200	$60,000	0.0%	$4.41	—	ORD	M87896102
—	IKANOS COMMUNICATIONS	120,000	$51,000	0.0%	$1.20	—	COM	45173E105
—	ECHO THERAPEUTICS INC	22,500	$51,000	0.0%	$2.49	—	COM NEW	27876L206
—	ORION ENERGY SYSTEMS INC	11,000	$45,000	0.0%	$2.48	—	COM	686275108