Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	BLACK DIAMOND INC.	1,847,663	$22.47M	4.5%	$9.39	—	COM	09202G101
—	YORKVILLE HIGH INCOME MLP	780,807	$14.25M	2.8%	$18.57	—	COM	301505103
—	ARGAN INC.	636,950	$13.99M	2.8%	$21.97	—	COM	04010E112
EFV	ISHARES MSCI EAFE VALUE ETF	234,139	$12.74M	2.5%	$49.06	—	COM	464288877
—	TASER INT`L INC.	836,000	$12.44M	2.5%	$9.96	—	COM	87651B104
—	IHS INC.	108,811	$12.42M	2.5%	$105.21	—	COM	451734107
—	LIFELOCK, INC.	831,199	$12.33M	2.5%	$12.23	—	COM	53224V100
EFG	ISHARES TR MSCI EAFE GROWTH N	171,584	$11.69M	2.3%	$62.67	—	COM	464288885
—	ELECTRONICS FOR IMAGING, INC	354,600	$11.23M	2.2%	$28.90	—	COM	286082102
HCSG	HEALTHCARE SERVICES GROUP	420,943	$10.84M	2.2%	$23.05	+8.7%	COM	421906108
—	SVB FINANCIAL GROUP	123,456	$10.66M	2.1%	$83.32	—	COM	78486Q101
—	SANTARUS INC.	457,100	$10.33M	2.1%	$21.05	—	COM	802817304
CPRT	COPART INC	318,588	$10.13M	2.0%	$4.23	-3.9%	COM	217204106
NMFC	NEW MOUNTAIN FINANCE CORP	677,770	$9.767M	1.9%	$3.91	+1.1%	COM	647551100
LGND	LIGAND PHARMACEUTICALS - CL	224,904	$9.734M	1.9%	$17.99	+56.4%	COM	53220K504
DEM	WISDOM TREE EMERGING MARKETS E	188,252	$9.731M	1.9%	$49.47	—	COM	97717W315
LKQ	LKQ CORP	301,780	$9.618M	1.9%	$21.42	+21.0%	COM	501889208
—	WAGEWORKS INC.	187,150	$9.442M	1.9%	$34.45	—	COM	930427109
LQDT	LIQUIDITY SERVICES	267,135	$8.949M	1.8%	$34.41	-7.6%	COM	53635B107
INCY	INCYTE CORP	229,960	$8.773M	1.7%	$21.85	+35.1%	COM	45337C102
—	SEACHANGE INT`L INC.	748,050	$8.58M	1.7%	$11.71	—	COM	811699107
CSGP	COSTAR GROUP INC	50,830	$8.535M	1.7%	$11.32	+35.5%	COM	22160N109
—	PROS HOLDINGS INC.	234,800	$8.028M	1.6%	$29.95	—	COM	74346Y103
—	COOPER COMPANIES, INC	60,485	$7.844M	1.6%	$119.04	—	COM	216648402
MKTX	MARKETAXESS HOLDINGS INC	125,370	$7.516M	1.5%	$38.12	+24.7%	COM	57060D108
—	STAMPS.COM INC.	163,000	$7.487M	1.5%	$39.39	—	COM	852857200
BCPC	BALCHEM CORP	142,222	$7.36M	1.5%	$41.81	+10.3%	COM	057665200
HTGC	HERCULES TECHNOLOGY GROWTH C P	474,144	$7.231M	1.4%	$13.02	+11.4%	COM	427096508
AVD	AMERICAN VANGUARD CORPORATIO	266,308	$7.169M	1.4%	$27.36	-12.9%	COM	030371108
SPY	SPDR S&P 500 ETF TRUST	42,024	$7.06M	1.4%	$162.47	—	COM	78462F103
VXF	VANGUARD EXTENDED MARKET ETF	89,672	$6.916M	1.4%	$71.16	—	COM	922908652
DORM	DORMAN PRODUCTS INC.	135,664	$6.722M	1.3%	$41.59	+17.8%	COM	258278100
BRO	BROWN & BROWN INC	197,920	$6.353M	1.3%	$13.98	+3.5%	COM	115236101
—	CORE LABORATORIES NV	36,190	$6.124M	1.2%	$151.67	—	COM	N22717107
—	CONCUR TECHNOLOGIES, INC.	46,530	$5.142M	1.0%	$81.38	—	COM	206708109
—	BOTTOMLINE TECHNOLOGIES	181,685	$5.065M	1.0%	$25.29	—	COM	101388106
OSUR	ORASURE TECHNOLOGIES INC.	839,900	$5.048M	1.0%	$4.79	+4.5%	COM	68554V108
VSAT	VIASAT INC.	77,750	$4.948M	1.0%	$59.58	+12.2%	COM	92552V100
—	GLOBAL X FTSE COLOMBIA 20	228,782	$4.651M	0.9%	$18.82	—	COM	37950E200
—	ACCELRYS INC	464,700	$4.573M	0.9%	$8.87	—	COM	00430U103
—	FEI COMPANY	51,400	$4.513M	0.9%	$73.03	—	COM	30241L109
—	KINDER MORGAN ENERGY PRTNRS	55,700	$4.447M	0.9%	$85.40	—	COM	494550106
—	KINDER MORGAN MANAGEMENT	58,879	$4.414M	0.9%	$83.45	—	COM	49455U100
—	INVENTURE FOODS, INC.	417,291	$4.382M	0.9%	$8.36	—	COM	461212102
XOM	EXXON MOBIL CORP	46,985	$4.043M	0.8%	$53.69	+0.9%	COM	30231G102
—	IPATH S&P 500 DYNAMIC VIX ET	100,757	$3.91M	0.8%	$42.75	—	COM	06741L609
—	ENVESTNET INC	124,850	$3.87M	0.8%	$24.60	—	COM	29404K106
DJCO	DAILY JOURNAL CORP	26,111	$3.838M	0.8%	$111.67	+19.5%	COM	233912104
IVE	ISHARES S&P 500 VALUE ETF	48,589	$3.805M	0.8%	$76.19	—	COM	464287408
BRK/A	BERKSHIRE HATHAWAY A	22	$3.749M	0.7%	$165023.42	+4.8%	COM	084670108
FNV	FRANCO-NEVADA CORP	81,174	$3.674M	0.7%	$34.68	+6.1%	COM	351858105
—	MEDIDATA SOLUTIONS INC	35,000	$3.463M	0.7%	$77.45	—	COM	58471A105
MOV	MOVADO GROUP INC.	75,350	$3.297M	0.7%	$32.63	+20.1%	COM	624580106
—	SILVER WHEATON CORP	132,420	$3.28M	0.7%	$19.67	—	COM	828336107
UNP	UNION PACIFIC CORP	20,916	$3.249M	0.6%	$57.06	+5.4%	COM	907818108
—	TUMI HOLDINGS, INC	160,000	$3.224M	0.6%	$20.15	—	COM	89969Q104
—	ONYX PHARMACEUTICALS INC.	25,550	$3.186M	0.6%	$86.82	—	COM	683399109
—	POWERSHARES INS NATL MUN BND	134,513	$3.103M	0.6%	$23.91	—	COM	73936T474
LFUS	LITTELFUSE INC	39,660	$3.102M	0.6%	$70.35	+12.7%	COM	537008104
KMI	KINDER MORGAN HOLDCO LLC	78,200	$2.782M	0.6%	$20.66	-2.4%	COM	49456B101
MUB	ISHARES S&P NAT AMT-FREE MUN	26,555	$2.775M	0.6%	$105.05	—	COM	464288414
—	CARBO CERAMICS INC.	27,787	$2.754M	0.5%	$67.45	—	COM	140781105
ROP	ROPER INDUSTRIES, INC	20,010	$2.659M	0.5%	$113.55	+5.0%	COM	776696106
—	EPIQ SYSTEMS INC	186,950	$2.466M	0.5%	$13.47	—	COM	26882D109
—	IAC/INTERACTIVE CORPORATION	40,400	$2.209M	0.4%	$47.59	—	COM	44919P508
GEOS	GEOSPACE TECHNOLOGIES CORP	26,200	$2.208M	0.4%	$83.42	-10.7%	COM	37364X109
—	ELLIE MAE INC	66,850	$2.14M	0.4%	$23.08	—	COM	28849P100
VNQ	VANGUARD REIT ETF	31,679	$2.095M	0.4%	$68.71	—	COM	922908553
NAUH	NATIONAL AMERICAN UNIVERSITY H	598,899	$2.002M	0.4%	$3.54	+0.2%	COM	63245Q105
IVW	ISHARES S&P 500 GROWTH ETF	21,934	$1.96M	0.4%	$86.16	—	COM	464287309
PEP	PEPSICO INC	24,552	$1.952M	0.4%	$56.00	+1.4%	COM	713448108
—	BERKSHIRE HATHAWAY B	16,835	$1.911M	0.4%	$111.91	—	COM	084670207
—	TILE SHOP HOLDINGS INC	61,800	$1.822M	0.4%	$28.96	—	COM	88677Q109
TYL	TYLER TECHNOLOGIES, INC	20,150	$1.763M	0.4%	$64.83	+18.7%	COM	902252105
—	CELGENE CORPORATION	9,900	$1.526M	0.3%	$118.90	—	COM	151020104
GIS	GENERAL MILLS INC	28,374	$1.36M	0.3%	$31.98	+2.9%	COM	370334104
PPG	PPG INDUSTRIES INC	6,953	$1.162M	0.2%	$59.61	+8.4%	COM	693506107
MO	ALTRIA GROUP INC	33,751	$1.159M	0.2%	$16.28	-0.7%	COM	02209S103
IBM	INTERNATIONAL BUSINESS MACHI E	6,141	$1.137M	0.2%	$118.94	-6.2%	COM	459200101
ASML	ASML HOLDING NV - NY REG SHS (	11,502	$1.136M	0.2%	$79.12	—	COM	N07059210
—	WISCONSIN ENERGY CORP	28,084	$1.134M	0.2%	$40.98	—	COM	976657106
DVY	ISHARES SELECT DIVIDEND ETF	16,948	$1.124M	0.2%	$64.02	—	COM	464287168
SWKS	SKYWORKS SOLUTIONS INC	43,274	$1.075M	0.2%	$17.70	+9.6%	COM	83088M102
—	REMARK MEDIA INC.	282,894	$1.067M	0.2%	$2.96	—	COM	75954W107
SYY	SYSCO CORPORATION	33,304	$1.06M	0.2%	$24.40	-1.7%	COM	871829107
NSC	NORFOLK SOUTHERN CORP	13,112	$1.014M	0.2%	$57.67	-1.2%	COM	655844108
EXPD	EXPEDITORS INTL	22,200	$978K	0.2%	$31.69	+11.4%	COM	302130109
—	NUANCE COMMUNICATIONS INC	48,250	$901K	0.2%	$18.40	—	COM	67020Y100
KO	COCA-COLA CO	23,707	$898K	0.2%	$27.85	-3.9%	COM	191216100
—	SCIQUEST INC	38,750	$870K	0.2%	$25.06	—	COM	80908T101
SNY	SANOFI (ADR)	17,110	$866K	0.2%	$51.49	—	COM	80105N105
—	POWERSHARES SENIOR LOAN PORT O	31,131	$768K	0.2%	$24.72	—	COM	73936Q769
EFA	ISHARES MSCI EAFE INDEX FUND	11,811	$754K	0.2%	$57.31	—	COM	464287465
—	STERICYCLE INC	6,370	$735K	0.1%	$110.36	—	COM	858912108
—	CARLYLE GROUP	28,450	$732K	0.1%	$25.61	—	COM	14309L102
—	ANTARES PHARMA INC.	179,500	$729K	0.1%	$4.16	—	COM	036642106
—	MEASUREMENT SPECIALTIES, INC	13,400	$727K	0.1%	$46.57	—	COM	583421102
—	ANADARKO PETROLEUM CORPORATI N	7,054	$656K	0.1%	$85.91	—	COM	032511107
—	POPE RESOURCES LTD - LP	9,470	$641K	0.1%	$68.58	—	COM	732857107
—	DU PONT (E.I.) DE NEMOURS	10,873	$637K	0.1%	$52.46	—	COM	263534109
—	EQUINIX INC	3,239	$595K	0.1%	$184.71	—	COM	29444U502
MMM	3M CO	4,962	$593K	0.1%	$61.26	+7.7%	COM	88579Y101
BMY	BRISTOL-MYERS SQUIBB CO	11,723	$543K	0.1%	$28.67	+1.9%	COM	110122108
—	MAXIM INTEGRATED	17,100	$510K	0.1%	$27.78	—	COM	57772K101
—	GENERAL ELECTRIC COMPANY	18,113	$433K	0.1%	$23.17	—	COM	369604103
ALKS	ALKERMES PLC	12,700	$427K	0.1%	$32.55	0.0%	COM	G01767105
—	GOOGLE INC. CLASS A	460	$403K	0.1%	$880.43	—	COM	38259P508
CVX	CHEVRON CORPORATION	3,270	$397K	0.1%	$71.30	+2.5%	COM	166764100
—	RED HAT INC	8,500	$392K	0.1%	$47.76	—	COM	756577102
UDR	UDR INC.	16,147	$383K	0.1%	$15.84	-0.9%	COM	902653104
SPSC	SPS COMMERCE INC	5,500	$368K	0.1%	$24.15	+31.8%	COM	78463M107
MDLZ	MONDELEZ INTERNATIONAL INC.	11,490	$361K	0.1%	$23.16	+2.4%	COM	609207105
—	CVR PARTNERS LP	20,000	$354K	0.1%	$22.75	—	COM	126633106
VZ	VERIZON COMMUNICATIONS INC	6,770	$316K	0.1%	$27.04	-3.4%	COM	92343V104
—	SIGMA-ALDRICH CORPORATION	3,600	$307K	0.1%	$80.56	—	COM	826552101
T	AT&T	8,770	$297K	0.1%	$11.40	-3.9%	COM	00206R102
PM	PHILIP MORRIS INTERNATIONAL	3,373	$292K	0.1%	$49.85	-5.0%	COM	718172109
ADBE	ADOBE SYSTEMS	5,600	$291K	0.1%	$44.30	+7.7%	COM	00724F101
CVS	CVS/CAREMARK CORPORATION	5,000	$284K	0.1%	$41.44	+3.2%	COM	126650100
—	CANTEL MEDICAL CORP	8,650	$276K	0.1%	$33.49	—	COM	138098108
—	KELLOGG CO	4,565	$268K	0.1%	$38.95	-0.3%	COM	487836108
JNJ	JOHNSON & JOHNSON	3,043	$264K	0.1%	$59.91	+6.1%	COM	478160104
WU	WESTERN UNION	14,035	$262K	0.1%	$17.10	—	COM	959802109
CEVA	CEVA, INC.	13,300	$229K	0.0%	$16.13	+14.3%	COM	157210105
PFE	PFIZER INC	7,358	$211K	0.0%	$16.46	-0.6%	COM	717081103
HAL	HALLIBURTON CO	4,263	$205K	0.0%	$37.32	0.0%	COM	406216101
—	PROSHARES SHORT RUSSELL2000	10,000	$185K	0.0%	$20.60	—	COM	74347R826
VICR	VICOR CORP	15,000	$123K	0.0%	$7.98	0.0%	COM	925815102
—	SAEXPLORATION HOLDINGS, INC.	10,000	$95,000	0.0%	$10.20	—	COM	78636X105