Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AGX	ARGAN INC.	620,931	$20.89M	4.2%	$17.72	+41.4%	COM	04010E109
VICR	VICOR CORP	1,364,410	$16.51M	3.3%	$10.02	+18.2%	COM	925815102
—	LOGMEIN, INC	294,509	$14.53M	2.9%	$46.49	—	COM	54142L109
—	ELECTRONICS FOR IMAGING, INC.	332,700	$14.25M	2.8%	$29.10	—	COM	286082102
SPY	SPDR S&P 500 ETF TRUST	69,045	$14.19M	2.8%	$182.98	—	COM	78462F103
MKTX	MARKETAXESS HOLDINGS INC	184,480	$13.23M	2.6%	$45.03	+31.7%	COM	57060D108
INCY	INCYTE CORP	169,570	$12.4M	2.5%	$22.46	+190.8%	COM	45337C102
CPRT	COPART INC	333,486	$12.17M	2.4%	$4.23	+1.3%	COM	217204106
—	POWERSHARES NATIONAL AMT-FREE MUNICIPAL BOND PORTF	432,084	$10.98M	2.2%	$24.81	—	COM	73936T474
NTCT	NETSCOUT SYSTEMS, INC.	276,741	$10.11M	2.0%	$39.81	-5.3%	COM	64115T104
LFUS	LITTELFUSE INC	104,485	$10.1M	2.0%	$83.52	+11.2%	COM	537008104
—	MEDICINES COMPANY	358,200	$9.911M	2.0%	$30.06	—	COM	584688105
CSGP	COSTAR GROUP INC	50,495	$9.272M	1.8%	$11.65	+38.6%	COM	22160N109
—	WAGEWORKS INC.	138,650	$8.953M	1.8%	$34.45	—	COM	930427109
BCPC	BALCHEM CORP	132,057	$8.8M	1.8%	$42.27	+38.7%	COM	057665200
—	IHS INC.	75,385	$8.585M	1.7%	$105.21	—	COM	451734107
—	SVB FINANCIAL GROUP	73,158	$8.491M	1.7%	$83.97	—	COM	78486Q101
EFV	ISHARES MSCI EAFE VALUE ETF	163,795	$8.358M	1.7%	$50.08	—	COM	464288877
—	FINANCIAL ENGINES, INC	227,100	$8.301M	1.7%	$36.55	—	COM	317485100
—	SPECTRUM PHARMACEUTICALS INC.	1,158,070	$8.025M	1.6%	$7.83	—	COM	84763A108
EFG	ISHARES TR MSCI EAFE GROWTH INDEX FD	118,306	$7.786M	1.6%	$64.33	—	COM	464288885
—	LIFELOCK, INC.	411,203	$7.611M	1.5%	$12.23	—	COM	53224V100
—	TASER INT`L INC.	285,100	$7.549M	1.5%	$9.96	—	COM	87651B104
HTGC	HERCULES TECHNOLOGY GROWTH CAPITAL INC.	498,492	$7.418M	1.5%	$13.43	+12.3%	COM	427096508
—	VERINT SYSTEMS INC.	125,900	$7.337M	1.5%	$58.28	—	COM	92343X100
—	NEWPORT CORPORATION	380,508	$7.272M	1.4%	$17.91	—	COM	651824104
DJCO	DAILY JOURNAL CORP	26,576	$6.99M	1.4%	$113.26	+78.4%	COM	233912104
—	INVENTURE FOODS, INC.	515,547	$6.568M	1.3%	$9.60	—	COM	461212102
BRO	BROWN & BROWN INC	188,945	$6.218M	1.2%	$13.98	+3.4%	COM	115236101
—	BLACK DIAMOND INC.	706,033	$6.178M	1.2%	$9.44	—	COM	09202G101
FNV	FRANCO-NEVADA CORP	122,694	$6.035M	1.2%	$36.42	+23.0%	COM	351858105
—	SHUTTERFLY INC.	142,210	$5.929M	1.2%	$42.85	—	COM	82568P304
—	COOPER COMPANIES, INC	36,520	$5.92M	1.2%	$119.04	—	COM	216648402
LGND	LIGAND PHARMACEUTICALS - CL B	108,235	$5.759M	1.1%	$17.99	+80.9%	COM	53220K504
—	REMARK MEDIA INC.	1,207,281	$5.505M	1.1%	$4.86	—	COM	75954W107
UNP	UNION PACIFIC CORP	41,832	$4.983M	1.0%	$65.92	+35.7%	COM	907818108
—	DIGITAL THEATER SYSTEMS INC.	161,900	$4.978M	1.0%	$29.61	—	COM	23335C101
BRK/A	BERKSHIRE HATHAWAY A	22	$4.972M	1.0%	$165023.42	+31.2%	COM	084670108
LKQ	LKQ CORP	176,285	$4.957M	1.0%	$21.42	+17.0%	COM	501889208
—	NATUS MEDICAL INC.	136,850	$4.932M	1.0%	$36.04	—	COM	639050103
—	EATON VANCE MUNICIPAL INCOME	366,180	$4.914M	1.0%	$11.41	—	COM	27826U108
FEZ	SPDR EURO STOXX 50 FUND	125,965	$4.643M	0.9%	$41.88	—	COM	78463X202
—	FLEETMATICS GROUP PLC	129,200	$4.585M	0.9%	$35.49	—	COM	G35569105
VSAT	VIASAT INC.	71,450	$4.503M	0.9%	$59.58	+2.8%	COM	92552V100
—	MANAGED DURATION INV GRADE	331,589	$4.48M	0.9%	$13.73	—	COM	56165R103
—	PIMCO DYNAMIC CREDIT INCOME FUND	215,923	$4.459M	0.9%	$22.44	—	COM	72202D106
—	PROS HOLDINGS INC.	160,400	$4.408M	0.9%	$29.95	—	COM	74346Y103
XOM	EXXON MOBIL CORP	46,471	$4.296M	0.9%	$53.69	+8.0%	COM	30231G102
—	SYNCHRONOSS TECHNOLOGIES INC.	102,600	$4.295M	0.9%	$34.29	—	COM	87157B103
FOXF	FOX FACTORY HOLDING CORP	260,537	$4.229M	0.8%	$16.30	-6.5%	COM	35138V102
—	ENVESTNET INC	80,820	$3.971M	0.8%	$24.60	—	COM	29404K106
—	GAMCO NATURAL RESOURCES GOLD AND INCOME TRUST	477,810	$3.856M	0.8%	$9.52	—	COM	36465E101
IFGL	ISHARES INTERNATIONAL DEVELOPED REAL ESTATE ETF	125,467	$3.769M	0.8%	$31.90	—	COM	464288489
—	SILVER WHEATON CORP	184,750	$3.756M	0.7%	$21.73	—	COM	828336107
OSUR	ORASURE TECHNOLOGIES INC.	366,400	$3.715M	0.7%	$4.79	+87.0%	COM	68554V108
SUPN	SUPERNUS PHARMACEUTICALS INC.	418,400	$3.473M	0.7%	$8.40	0.0%	COM	868459108
—	TUMI HOLDINGS, INC	138,300	$3.282M	0.7%	$20.62	—	COM	89969Q104
ROP	ROPER INDUSTRIES, INC	20,110	$3.144M	0.6%	$113.55	+26.2%	COM	776696106
—	BROOKFIELD GLOBAL LISTED INFRASTRUCTURE INCOME FUN	144,297	$3.014M	0.6%	$23.55	—	COM	11273Q109
—	CORE LABORATORIES NV	24,775	$2.981M	0.6%	$153.43	—	COM	N22717107
—	CELGENE CORPORATION	24,300	$2.718M	0.5%	$99.65	—	COM	151020104
—	ABERDEEN GLOBAL INCOME FUND, INC.	282,116	$2.711M	0.5%	$11.59	—	COM	003013109
—	FEI COMPANY	27,560	$2.49M	0.5%	$73.03	—	COM	30241L109
—	GUGGENHEIM BUILD AMERICA BONDS MANAGED DURATION TR	111,058	$2.463M	0.5%	$21.74	—	COM	401664107
XBKNX	BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST	148,801	$2.445M	0.5%	$15.81	—	COM	09247D105
DIA	SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST	13,430	$2.389M	0.5%	$174.79	—	COM	78467X109
UHAL	AMERCO HOLDING COMPANY	8,300	$2.359M	0.5%	$27.10	0.0%	COM	023586100
PEP	PEPSICO INC	23,942	$2.264M	0.5%	$56.00	+22.5%	COM	713448108
TYL	TYLER TECHNOLOGIES, INC	18,620	$2.038M	0.4%	$64.83	+62.9%	COM	902252105
—	MEDIDATA SOLUTIONS INC	39,055	$1.865M	0.4%	$70.02	—	COM	58471A105
—	ADVISORY BOARD	36,500	$1.788M	0.4%	$48.99	—	COM	00762W107
DHR	DANAHER CORPORATION	20,500	$1.757M	0.3%	$32.92	0.0%	COM	235851102
EFA	ISHARES MSCI EAFE INDEX FUND	28,091	$1.709M	0.3%	$64.25	—	COM	464287465
—	BROOKFIELD MORTGAGE OPPORTUNITY INCOME FUND	103,622	$1.704M	0.3%	$17.54	—	COM	112792106
—	MFS INTERMEDIATE INCOME TRUST	348,049	$1.664M	0.3%	$5.22	—	COM	55273C107
MO	ALTRIA GROUP INC	33,751	$1.663M	0.3%	$16.28	+46.0%	COM	02209S103
IVE	ISHARES S&P 500 VALUE ETF	17,256	$1.618M	0.3%	$76.19	—	COM	464287408
—	EATON VANCE NY MUNICIPAL INC.	101,921	$1.411M	0.3%	$12.93	—	COM	27826W104
—	BERKSHIRE HATHAWAY B	9,335	$1.402M	0.3%	$111.91	—	COM	084670207
NSC	NORFOLK SOUTHERN CORP	12,530	$1.373M	0.3%	$57.67	+48.8%	COM	655844108
HCSG	HEALTHCARE SERVICES GROUP	44,350	$1.372M	0.3%	$23.05	+28.5%	COM	421906108
—	WISCONSIN ENERGY CORP	25,417	$1.34M	0.3%	$40.98	—	COM	976657106
SWKS	SKYWORKS SOLUTIONS INC	18,000	$1.309M	0.3%	$17.70	+181.6%	COM	83088M102
IVW	ISHARES S&P 500 GROWTH ETF	11,603	$1.295M	0.3%	$86.16	—	COM	464287309
GIS	GENERAL MILLS INC	21,910	$1.168M	0.2%	$31.98	+10.2%	COM	370334104
NVEC	NVE CORPORATION	15,700	$1.111M	0.2%	$65.66	+5.5%	COM	629445206
—	BOTTOMLINE TECHNOLOGIES	42,060	$1.063M	0.2%	$27.48	—	COM	101388106
KO	COCA-COLA CO	22,837	$964K	0.2%	$27.85	+7.9%	COM	191216100
—	DU PONT (E.I.) DE NEMOURS	11,811	$873K	0.2%	$54.28	—	COM	263534109
TECH	BIO-TECHNE CORP	8,700	$804K	0.2%	$21.13	0.0%	COM	09073M104
—	CARLYLE GROUP	28,450	$782K	0.2%	$25.61	—	COM	14309L102
—	POPE RESOURCES LTD - LP	12,270	$781K	0.2%	$68.16	—	COM	732857107
—	BLACKROCK CREDIT ALLOCATION INCOME TRUST FUND	60,220	$778K	0.2%	$12.92	—	COM	092508100
ALKS	ALKERMES PLC	12,900	$755K	0.2%	$32.93	+54.7%	COM	G01767105
PPG	PPG INDUSTRIES INC	3,171	$733K	0.1%	$59.61	+43.0%	COM	693506107
SYY	SYSCO CORPORATION	17,851	$709K	0.1%	$24.40	+18.2%	COM	871829107
TEVA	TEVA PHARMACEUTICAL ADR	12,200	$702K	0.1%	$52.87	—	COM	881624209
BMY	BRISTOL-MYERS SQUIBB CO	11,723	$692K	0.1%	$28.67	+35.7%	COM	110122108
DEM	WISDOM TREE EMERGING MARKETS EQUITY INC.	16,290	$687K	0.1%	$49.89	—	COM	97717W315
MMM	3M CO	3,865	$635K	0.1%	$61.26	+46.4%	COM	88579Y101
—	ANADARKO PETROLEUM CORPORATION	7,054	$582K	0.1%	$85.91	—	COM	032511107
MUB	ISHARES S&P NAT AMT-FREE MUN	5,169	$570K	0.1%	$107.41	—	COM	464288414
EXPD	EXPEDITORS INTL	12,700	$567K	0.1%	$31.69	+17.3%	COM	302130109
UDR	UDR INC.	16,147	$498K	0.1%	$15.84	+28.1%	COM	902653104
CVS	CVS HEALTH CORP	5,100	$491K	0.1%	$41.89	+53.9%	COM	126650100
—	GENERAL ELECTRIC COMPANY	17,961	$454K	0.1%	$23.17	—	COM	369604103
—	SCIQUEST INC	29,850	$431K	0.1%	$25.06	—	COM	80908T101
IEF	ISHARES BARCLAY 7-10 YEAR TREASURY BOND FUND	4,027	$427K	0.1%	$102.23	—	COM	464287440
—	CANTEL MEDICAL CORP	9,750	$422K	0.1%	$33.58	—	COM	138098108
MDLZ	MONDELEZ INTERNATIONAL INC.	11,490	$417K	0.1%	$23.16	+22.7%	COM	609207105
ADBE	ADOBE SYSTEMS	5,600	$407K	0.1%	$44.30	+58.2%	COM	00724F101
CVX	CHEVRON CORPORATION	3,270	$367K	0.1%	$71.30	-1.1%	COM	166764100
—	HEWLETT-PACKARD COMPANY	8,630	$346K	0.1%	$27.93	—	COM	428236103
JNJ	JOHNSON & JOHNSON	3,043	$318K	0.1%	$59.91	+29.0%	COM	478160104
VZ	VERIZON COMMUNICATIONS INC	6,770	$317K	0.1%	$27.04	+2.3%	COM	92343V104
LQD	ISHARES IBOXX INV. GRADE CORP. BOND FUND	2,607	$311K	0.1%	$119.29	—	COM	464287242
—	YORKVILLE HIGH INCOME MLP	24,510	$306K	0.1%	$18.52	—	COM	301505103
—	KELLOGG CO	4,565	$299K	0.1%	$38.95	+4.4%	COM	487836108
T	AT&T	8,770	$295K	0.1%	$11.40	+3.6%	COM	00206R102
—	EQUINIX INC	1,167	$265K	0.1%	$185.51	—	COM	29444U502
—	STERICYCLE INC	1,970	$258K	0.1%	$110.36	—	COM	858912108
WU	WESTERN UNION	14,035	$251K	0.0%	$17.10	—	COM	959802109
—	GOOGLE INC. CLASS A	460	$244K	0.0%	$880.43	—	COM	38259P508
—	GOOGLE INC - CL C	460	$242K	0.0%	$576.09	—	COM	38259P706
TROW	T ROWE PRICE GROUP INC.	2,693	$231K	0.0%	$50.51	+6.4%	COM	74144T108
—	KRAFT FOODS GROUP INC.	3,690	$231K	0.0%	$56.10	—	COM	50076Q106
PFE	PFIZER INC	7,358	$229K	0.0%	$16.46	+9.2%	COM	717081103
BIDU	BAIDU, INC. - SPON ADR	1,000	$228K	0.0%	$218.00	—	COM	056752108
PM	PHILIP MORRIS INTERNATIONAL	2,727	$222K	0.0%	$49.85	-1.3%	COM	718172109
—	EATON VANCE PA MUNICIPAL INC.	16,912	$206K	0.0%	$11.62	—	COM	27826T101
GLW	CORNING INC	8,989	$206K	0.0%	$15.20	0.0%	COM	219350105
—	BLACKSTONE GROUP	6,000	$203K	0.0%	$33.83	—	COM	09253U108
LQDT	LIQUIDITY SERVICES	18,950	$155K	0.0%	$25.07	-56.6%	COM	53635B107
—	BG MEDICINE, INC.	11,787	$5,000	0.0%	$0.42	—	COM	08861T107