Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AGX	ARGAN INC.	603,181	$20.13M	4.3%	$17.50	+57.3%	COM	04010E109
—	ELECTRONICS FOR IMAGING, INC.	352,595	$15.57M	3.3%	$29.10	—	COM	286082102
—	BLACK DIAMOND INC.	1,871,113	$14.15M	3.0%	$9.44	—	COM	09202G101
—	LOGMEIN, INC	271,027	$12.49M	2.7%	$46.24	—	COM	54142L109
—	SVB FINANCIAL GROUP	108,154	$12.12M	2.6%	$83.97	—	COM	78486Q101
—	IHS INC.	85,341	$10.68M	2.3%	$105.21	—	COM	451734107
CPRT	COPART INC	327,678	$10.26M	2.2%	$4.23	+0.7%	COM	217204106
MKTX	MARKETAXESS HOLDINGS INC	164,693	$10.19M	2.2%	$43.32	+16.9%	COM	57060D108
NTCT	NETSCOUT SYSTEMS, INC.	209,640	$9.602M	2.1%	$40.49	+10.6%	COM	64115T104
EFV	ISHARES MSCI EAFE VALUE ETF	169,107	$9.245M	2.0%	$50.08	—	COM	464288877
—	BOTTOMLINE TECHNOLOGIES	332,001	$9.16M	2.0%	$27.48	—	COM	101388106
LFUS	LITTELFUSE INC	103,285	$8.798M	1.9%	$83.41	+9.5%	COM	537008104
EFG	ISHARES TR MSCI EAFE GROWTH INDEX FD	123,502	$8.409M	1.8%	$64.33	—	COM	464288885
INCY	INCYTE CORP	167,170	$8.2M	1.8%	$21.85	+129.5%	COM	45337C102
—	COOPER COMPANIES, INC	52,235	$8.136M	1.7%	$119.04	—	COM	216648402
—	SPECTRUM PHARMACEUTICALS INC.	994,120	$8.092M	1.7%	$7.97	—	COM	84763A108
CSGP	COSTAR GROUP INC	51,985	$8.086M	1.7%	$11.65	+27.8%	COM	22160N109
SPY	SPDR S&P 500 ETF TRUST	40,742	$8.027M	1.7%	$167.31	—	COM	78462F103
VICR	VICOR CORP	826,700	$7.771M	1.7%	$8.84	-5.9%	COM	925815102
BCPC	BALCHEM CORP	129,357	$7.318M	1.6%	$41.93	+19.3%	COM	057665200
FOXF	FOX FACTORY HOLDING CORP	459,200	$7.118M	1.5%	$16.30	-4.2%	COM	35138V102
DEM	WISDOM TREE EMERGING MARKETS EQUITY INC.	147,550	$7.05M	1.5%	$49.89	—	COM	97717W315
—	LIFELOCK, INC.	479,589	$6.853M	1.5%	$12.23	—	COM	53224V100
—	INVENTURE FOODS, INC.	506,997	$6.571M	1.4%	$9.55	—	COM	461212102
—	WAGEWORKS INC.	140,550	$6.399M	1.4%	$34.45	—	COM	930427109
FEZ	SPDR EURO STOXX 50 FUND	156,277	$6.204M	1.3%	$41.88	—	COM	78463X202
—	MEDICINES COMPANY	276,585	$6.173M	1.3%	$30.77	—	COM	584688105
BRO	BROWN & BROWN INC	189,255	$6.085M	1.3%	$13.98	+1.5%	COM	115236101
—	TASER INT`L INC.	386,900	$5.974M	1.3%	$9.96	—	COM	87651B104
—	SHUTTERFLY INC.	120,510	$5.874M	1.3%	$43.06	—	COM	82568P304
FNV	FRANCO-NEVADA CORP	119,394	$5.836M	1.3%	$36.19	+35.0%	COM	351858105
—	NEWPORT CORPORATION	328,300	$5.817M	1.3%	$17.72	—	COM	651824104
HTGC	HERCULES TECHNOLOGY GROWTH CAPITAL INC.	397,992	$5.755M	1.2%	$13.02	+21.6%	COM	427096508
—	PROS HOLDINGS INC.	224,000	$5.645M	1.2%	$29.95	—	COM	74346Y103
—	MANAGED DURATION INV GRADE	399,609	$5.347M	1.1%	$13.73	—	COM	56165R103
—	TUMI HOLDINGS, INC	261,550	$5.323M	1.1%	$20.62	—	COM	89969Q104
—	EATON VANCE MUNICIPAL INCOME	413,139	$5.259M	1.1%	$11.41	—	COM	27826U108
LKQ	LKQ CORP	194,985	$5.185M	1.1%	$21.42	+12.7%	COM	501889208
—	SYNCHRONOSS TECHNOLOGIES INC.	112,350	$5.143M	1.1%	$34.29	—	COM	87157B103
—	POWERSHARES NATIONAL AMT-FREE MUNICIPAL BOND PORTF	203,299	$5.107M	1.1%	$24.15	—	COM	73936T474
LGND	LIGAND PHARMACEUTICALS - CL B	108,289	$5.089M	1.1%	$17.99	+84.6%	COM	53220K504
—	CORE LABORATORIES NV	33,315	$4.876M	1.0%	$153.43	—	COM	N22717107
LQDT	LIQUIDITY SERVICES	352,561	$4.848M	1.0%	$25.07	-42.7%	COM	53635B107
DJCO	DAILY JOURNAL CORP	26,111	$4.713M	1.0%	$111.67	+66.2%	COM	233912104
BRK/A	BERKSHIRE HATHAWAY A	22	$4.552M	1.0%	$165023.42	+21.1%	COM	084670108
UNP	UNION PACIFIC CORP	41,832	$4.535M	1.0%	$65.92	+21.8%	COM	907818108
—	PIMCO DYNAMIC CREDIT INCOME FUND	195,760	$4.399M	0.9%	$22.62	—	COM	72202D106
XOM	EXXON MOBIL CORP	46,727	$4.395M	0.9%	$53.69	+14.6%	COM	30231G102
VSAT	VIASAT INC.	76,250	$4.203M	0.9%	$59.58	-4.1%	COM	92552V100
—	CONCUR TECHNOLOGIES, INC.	29,675	$3.763M	0.8%	$81.38	—	COM	206708109
IFGL	ISHARES INTERNATIONAL DEVELOPED REAL ESTATE ETF	123,716	$3.716M	0.8%	$31.93	—	COM	464288489
—	SILVER WHEATON CORP	184,750	$3.682M	0.8%	$21.73	—	COM	828336107
—	ENVESTNET INC	80,820	$3.637M	0.8%	$24.60	—	COM	29404K106
—	MFS INTERMEDIATE INCOME TRUST	706,401	$3.539M	0.8%	$5.22	—	COM	55273C107
—	ABERDEEN GLOBAL INCOME FUND, INC.	327,193	$3.501M	0.8%	$11.59	—	COM	003013109
—	REMARK MEDIA INC.	552,894	$2.978M	0.6%	$5.22	—	COM	75954W107
MOV	MOVADO GROUP INC.	89,100	$2.946M	0.6%	$34.03	+15.1%	COM	624580106
ROP	ROPER INDUSTRIES, INC	20,010	$2.927M	0.6%	$113.55	+20.9%	COM	776696106
—	GAMCO NATURAL RESOURCES GOLD AND INCOME TRUST	284,190	$2.771M	0.6%	$10.51	—	COM	36465E101
OSUR	ORASURE TECHNOLOGIES INC.	366,400	$2.645M	0.6%	$4.79	+67.0%	COM	68554V108
—	BROOKFIELD GLOBAL LISTED INFRASTRUCTURE INCOME FUN	113,166	$2.637M	0.6%	$24.28	—	COM	11273Q109
—	BROOKFIELD MORTGAGE OPPORTUNITY INCOME FUND	153,176	$2.602M	0.6%	$17.54	—	COM	112792106
—	GLOBAL X COPPER MINERS ETF	286,481	$2.564M	0.6%	$10.05	—	COM	37950E861
—	FEI COMPANY	33,350	$2.515M	0.5%	$73.03	—	COM	30241L109
—	MEDIDATA SOLUTIONS INC	56,055	$2.483M	0.5%	$70.02	—	COM	58471A105
—	CELGENE CORPORATION	24,000	$2.275M	0.5%	$99.50	—	COM	151020104
PEP	PEPSICO INC	23,942	$2.229M	0.5%	$56.00	+15.9%	COM	713448108
EFA	ISHARES MSCI EAFE INDEX FUND	33,475	$2.146M	0.5%	$64.25	—	COM	464287465
IVE	ISHARES S&P 500 VALUE ETF	20,311	$1.829M	0.4%	$76.19	—	COM	464287408
TYL	TYLER TECHNOLOGIES, INC	18,620	$1.646M	0.4%	$64.83	+39.2%	COM	902252105
IVW	ISHARES S&P 500 GROWTH ETF	15,310	$1.635M	0.4%	$86.16	—	COM	464287309
SWKS	SKYWORKS SOLUTIONS INC	27,600	$1.602M	0.3%	$17.70	+141.6%	COM	83088M102
MO	ALTRIA GROUP INC	33,751	$1.551M	0.3%	$16.28	+27.0%	COM	02209S103
HCSG	HEALTHCARE SERVICES GROUP	51,849	$1.483M	0.3%	$23.05	+20.7%	COM	421906108
—	EATON VANCE NY MUNICIPAL INC.	101,921	$1.414M	0.3%	$12.93	—	COM	27826W104
NSC	NORFOLK SOUTHERN CORP	12,530	$1.398M	0.3%	$57.67	+43.2%	COM	655844108
IEF	ISHARES BARCLAY 7-10 YEAR TREASURY BOND FUND	12,690	$1.315M	0.3%	$102.23	—	COM	464287440
—	BERKSHIRE HATHAWAY B	9,335	$1.29M	0.3%	$111.91	—	COM	084670207
—	GUGGENHEIM BUILD AMERICA BONDS MANAGED DURATION TR	56,592	$1.206M	0.3%	$21.31	—	COM	401664107
XBKNX	BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST	76,796	$1.17M	0.3%	$15.24	—	COM	09247D105
GIS	GENERAL MILLS INC	21,910	$1.105M	0.2%	$31.98	+10.9%	COM	370334104
—	WISCONSIN ENERGY CORP	25,417	$1.093M	0.2%	$40.98	—	COM	976657106
—	ADVISORSHARES PERITUS HIGH YIELD ETF	19,902	$998K	0.2%	$52.60	—	COM	00768Y503
KO	COCA-COLA CO	22,837	$974K	0.2%	$27.85	+3.6%	COM	191216100
—	POPE RESOURCES LTD - LP	13,770	$923K	0.2%	$68.16	—	COM	732857107
DIA	SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST	5,265	$895K	0.2%	$169.99	—	COM	78467X109
—	CARLYLE GROUP	28,450	$867K	0.2%	$25.61	—	COM	14309L102
—	DIGITAL THEATER SYSTEMS INC.	33,500	$846K	0.2%	$25.25	—	COM	23335C101
NAUH	NATIONAL AMERICAN UNIVERSITY HOLDINGS INC.	275,334	$843K	0.2%	$3.54	-11.7%	COM	63245Q105
—	YORKVILLE HIGH INCOME MLP	43,844	$777K	0.2%	$18.52	—	COM	301505103
—	DU PONT (E.I.) DE NEMOURS	10,811	$776K	0.2%	$52.46	—	COM	263534109
—	STERICYCLE INC	6,370	$742K	0.2%	$110.36	—	COM	858912108
—	ANADARKO PETROLEUM CORPORATION	7,054	$716K	0.2%	$85.91	—	COM	032511107
NVEC	NVE CORPORATION	10,876	$702K	0.2%	$64.04	0.0%	COM	629445206
SYY	SYSCO CORPORATION	17,851	$677K	0.1%	$24.40	+13.0%	COM	871829107
TEVA	TEVA PHARMACEUTICAL ADR	12,200	$656K	0.1%	$52.87	—	COM	881624209
PPG	PPG INDUSTRIES INC	3,171	$624K	0.1%	$59.61	+39.9%	COM	693506107
BMY	BRISTOL-MYERS SQUIBB CO	11,723	$600K	0.1%	$28.67	+19.4%	COM	110122108
—	SCIQUEST INC	38,750	$583K	0.1%	$25.06	—	COM	80908T101
ALKS	ALKERMES PLC	12,900	$553K	0.1%	$32.93	+36.1%	COM	G01767105
MMM	3M CO	3,865	$548K	0.1%	$61.26	+36.3%	COM	88579Y101
EXPD	EXPEDITORS INTL	12,700	$515K	0.1%	$31.69	+16.0%	COM	302130109
—	GENERAL ELECTRIC COMPANY	17,961	$460K	0.1%	$23.17	—	COM	369604103
UDR	UDR INC.	16,147	$440K	0.1%	$15.84	+22.5%	COM	902653104
CVS	CVS HEALTH CORP	5,000	$398K	0.1%	$41.44	+38.7%	COM	126650100
MDLZ	MONDELEZ INTERNATIONAL INC.	11,490	$394K	0.1%	$23.16	+22.3%	COM	609207105
—	RED HAT INC	7,000	$393K	0.1%	$47.76	—	COM	756577102
MUB	ISHARES S&P NAT AMT-FREE MUN	3,585	$393K	0.1%	$106.15	—	COM	464288414
CVX	CHEVRON CORPORATION	3,270	$390K	0.1%	$71.30	+10.1%	COM	166764100
—	POWERSHARES SENIOR LOAN PORTFOLIO	15,925	$387K	0.1%	$24.79	—	COM	73936Q769
ADBE	ADOBE SYSTEMS	5,600	$387K	0.1%	$44.30	+60.0%	COM	00724F101
VZ	VERIZON COMMUNICATIONS INC	6,770	$338K	0.1%	$27.04	+2.8%	COM	92343V104
—	CANTEL MEDICAL CORP	9,750	$335K	0.1%	$33.58	—	COM	138098108
JNJ	JOHNSON & JOHNSON	3,043	$324K	0.1%	$59.91	+26.1%	COM	478160104
—	SIGMA-ALDRICH CORPORATION	2,300	$313K	0.1%	$80.56	—	COM	826552101
T	AT&T	8,770	$309K	0.1%	$11.40	+4.4%	COM	00206R102
—	HEWLETT-PACKARD COMPANY	8,630	$306K	0.1%	$27.93	—	COM	428236103
—	KELLOGG CO	4,565	$281K	0.1%	$38.95	+4.0%	COM	487836108
—	GOOGLE INC. CLASS A	460	$271K	0.1%	$880.43	—	COM	38259P508
—	GOOGLE INC - CL C	460	$266K	0.1%	$576.09	—	COM	38259P706
SNY	SANOFI (ADR)	4,710	$266K	0.1%	$51.49	—	COM	80105N105
—	EQUINIX INC	1,145	$243K	0.1%	$184.71	—	COM	29444U502
PM	PHILIP MORRIS INTERNATIONAL	2,727	$227K	0.0%	$49.85	-3.9%	COM	718172109
WU	WESTERN UNION	14,035	$225K	0.0%	$17.10	—	COM	959802109
BIDU	BAIDU, INC. - SPON ADR	1,000	$218K	0.0%	$218.00	—	COM	056752108
PFE	PFIZER INC	7,358	$218K	0.0%	$16.46	+6.0%	COM	717081103
TROW	T ROWE PRICE GROUP INC.	2,693	$211K	0.0%	$50.51	+4.1%	COM	74144T108
—	KRAFT FOODS GROUP INC.	3,690	$208K	0.0%	$56.10	—	COM	50076Q106
—	EATON VANCE PA MUNICIPAL INC.	14,721	$178K	0.0%	$11.53	—	COM	27826T101