Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PSTG	Pure Storage, Inc.	2,262,355	$30.97M	10.1%	$13.69	$16.97	-19.3%	COM	74624M102
ETSY	Etsy, Inc.	3,539,261	$30.79M	10.0%	$8.70	$18.58	-53.2%	COM	29786A106
META	Facebook, Inc.	209,930	$23.95M	7.8%	$114.10	$36.97	+206.5%	COM	30303M102
WDAY	Workday, Inc.	307,789	$23.65M	7.7%	$76.84	$72.57	+5.9%	COM	98138H101
AMZN	Amazon.com Inc.	39,620	$23.52M	7.7%	$593.64 *	$14.30	+107.6%	COM	023135106
CRM	Salesforce.com Inc.	276,808	$20.44M	6.6%	$73.83	$56.99	+28.0%	COM	79466L302
MELI	Mercadolibre, Inc.	118,585	$13.97M	4.5%	$117.85	$111.13	+5.5%	COM	58733R102
—	Splunk, Inc.	280,094	$13.71M	4.5%	$48.93	$54.74	—	COM	848637104
—	NetSuite Inc.	190,192	$13.03M	4.2%	$68.49	$87.78	—	COM	64118Q107
—	Linkedin Corp	101,267	$11.58M	3.8%	$114.35	$186.35	—	COM	53578A108
NOW	ServiceNow, Inc.	176,256	$10.78M	3.5%	$61.18 *	$10.31	+18.7%	COM	81762P102
NFLX	Netflix	103,997	$10.63M	3.5%	$102.23 *	$10.36	-1.3%	COM	64110L106
GOOGL	Alphabet Inc. Class A	11,414	$8.708M	2.8%	$762.92 *	$31.95	+18.5%	COM	02079K305
PANW	Palo Alto Networks, Inc.	52,373	$8.544M	2.8%	$163.14 *	$14.81	+83.5%	COM	697435105
Z	Zillow Group, Inc Class C	344,455	$8.174M	2.7%	$23.73	$26.10	-9.1%	COM	98954M200
VEEV	Veeva Systems	191,515	$4.796M	1.6%	$25.04	$27.64	-9.4%	COM	922475108
—	Nimble Storage Inc.	473,917	$3.716M	1.2%	$7.84	$36.18	—	COM	65440R101
—	Zendesk, Inc	164,520	$3.443M	1.1%	$20.93	$20.93	—	COM	98936J101
—	Xactly Corp	466,412	$3.195M	1.0%	$6.85	$8.59	—	COM	98386L101
ZG	Zillow Group, Inc Class A	122,805	$3.138M	1.0%	$25.55	$32.16	-20.6%	COM	98954M101
GOOG	Alphabet Inc. Class C	3,806	$2.835M	0.9%	$744.88 *	$31.96	+15.7%	COM	02079K107
—	Proofpoint	48,601	$2.614M	0.9%	$53.78	$53.78	—	COM	743424103
—	Berk. Hath. Class B	18,217	$2.585M	0.8%	$141.90	$113.05	—	COM	084670207
—	Atlassian Corporation	81,683	$2.054M	0.7%	$25.15	$25.15	—	COM	G06242104
JNJ	Johnson & Johnson	17,428	$1.886M	0.6%	$108.22 *	$59.66	+38.5%	COM	478160104
—	Linear Technology	40,000	$1.782M	0.6%	$44.55	$36.84	—	COM	535678106
—	General Electric	56,016	$1.781M	0.6%	$31.79	$23.19	—	COM	369604103
V	Visa, Inc.	22,815	$1.745M	0.6%	$76.48 *	$57.88	+23.4%	COM	92826C839
GIS	General Mills	26,672	$1.69M	0.5%	$63.36 *	$31.98	+40.5%	COM	370334104
INTC	Intel	50,000	$1.617M	0.5%	$32.34 *	$17.18	+50.2%	COM	458140100
—	AbbVie Inc.	25,000	$1.428M	0.5%	$57.12	$41.32	—	COM	002874Y10
ABT	Abbott Laboratories	29,200	$1.221M	0.4%	$41.82 *	$29.95	+16.4%	COM	002824100
—	Merck	23,068	$1.221M	0.4%	$52.93	$46.47	—	COM	589331107
SLB	Schlumberger Ltd.	16,000	$1.18M	0.4%	$73.75 *	$52.90	+5.7%	COM	806857108
WFC	Wells Fargo Bank	23,340	$1.129M	0.4%	$48.37 *	$40.10	-8.4%	COM	949746101
—	Target CP	13,140	$1.081M	0.4%	$82.27	$68.87	—	COM	239753106
AAPL	Apple Computer	9,760	$1.064M	0.3%	$109.02 *	$19.11	+29.3%	COM	037833100
GWRE	Guidewire Software, Inc.	16,940	$923K	0.3%	$54.49	$40.03	+36.1%	COM	40171V100
HAL	Halliburton Co.	22,885	$817K	0.3%	$35.70 *	$33.21	-10.9%	COM	406216101
—	EOG Resources Inc.	10,140	$736K	0.2%	$72.58	$72.37	—	COM	293562104
ADP	Automatic Data Processing, Inc	8,041	$721K	0.2%	$89.67 *	$48.26	+50.8%	COM	053015103
SU	Suncor Energy	25,915	$721K	0.2%	$27.82 *	$18.35	+7.2%	COM	867224107
—	Financial Engines, Inc.	22,800	$717K	0.2%	$31.45	$40.96	—	COM	317485100
LLY	Eli Lilly & Co.	9,880	$711K	0.2%	$71.96 *	$63.98	-4.5%	COM	532457108
—	Minnesota Mining	4,000	$667K	0.2%	$166.75	$109.25	—	COM	604059105
—	Royal Dutch Shell PLC	13,015	$631K	0.2%	$48.48	$46.71	—	COM	780259206
INTU	Intuit, Inc.	5,000	$520K	0.2%	$104.00 *	$54.39	+77.4%	COM	461202103
QCOM	Qualcomm Inc	7,000	$358K	0.1%	$51.14 *	$45.29	-14.0%	COM	747525103
NKE	Nike, Inc	3,255	$200K	0.1%	$61.44 *	$40.10	+35.3%	COM	654106103