Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IDXX	IDEXX Laboratories	481,695	$133M	5.7%	$62.36	+295.1%	COM	45168D104
ICLR	ICON PLC	799,609	$123M	5.3%	$37.15	+277.5%	COM	G4705A100
—	CyberArk Software	844,989	$108M	4.6%	$46.50	—	COM	M2682V108
KRNT	Kornit Digital	3,018,027	$95.55M	4.1%	$17.07	+61.7%	COM	M6372Q113
MANH	Manhattan Associates	1,373,189	$95.2M	4.1%	$59.67	+7.9%	COM	562750109
ILMN	Illumina	256,805	$94.54M	4.0%	$164.04	+92.5%	COM	452327109
AVAV	AeroVironment	1,532,425	$87M	3.7%	$34.26	+92.2%	COM	008073108
—	Verint Systems	1,592,283	$85.63M	3.7%	$59.58	—	COM	92343X100
CGNX	Cognex	1,652,744	$79.3M	3.4%	$37.56	+20.1%	COM	192422103
FTNT	Fortinet	1,026,926	$78.9M	3.4%	$7.46	+120.8%	COM	34959E109
NICE	NICE	573,593	$78.58M	3.4%	$67.69	—	COM	653656108
RMD	ResMed	640,916	$78.21M	3.3%	$60.56	+72.6%	COM	761152107
FDS	FactSet Research Sys	267,253	$76.58M	3.3%	$155.50	+66.9%	COM	303075105
—	HMS Holdings	2,287,752	$74.1M	3.2%	$18.77	—	COM	40425J101
—	Medidata Solutions	687,973	$62.27M	2.7%	$55.84	—	COM	58471A105
—	ANSYS	302,070	$61.87M	2.6%	$103.93	—	COM	03662Q105
VEEV	Veeva Systems	369,664	$59.93M	2.6%	$67.63	+115.5%	COM	922475108
—	Real Page	904,904	$53.25M	2.3%	$44.19	—	COM	75606N109
JKHY	Jack Henry & Associates	394,732	$52.86M	2.3%	$79.18	+61.3%	COM	426281101
RAMP	LiveRamp Holdings	1,053,598	$51.08M	2.2%	$45.28	+19.7%	COM	53815P108
QLYS	Qualys	552,205	$48.09M	2.1%	$73.04	+18.1%	COM	74758T303
GNTX	Gentex	1,807,478	$44.48M	1.9%	$17.36	+30.5%	COM	371901109
CSGP	Costar Group	80,070	$44.36M	1.9%	$26.86	+90.3%	COM	22160N109
SEIC	SEI Investments	761,068	$42.7M	1.8%	$42.24	+16.8%	COM	784117103
TRMB	Trimble	839,293	$37.86M	1.6%	$27.89	+49.0%	COM	896239100
—	Cambrex	796,906	$37.3M	1.6%	$47.84	—	COM	132011107
BLKB	Blackbaud	408,237	$34.09M	1.5%	$59.75	+32.0%	COM	09227Q100
—	LOGMEIN	459,623	$33.87M	1.4%	$86.37	—	COM	54142L109
MORN	Morningstar	198,815	$28.76M	1.2%	$82.91	+66.5%	COM	617700109
OSUR	OraSure Technologies	3,055,473	$28.36M	1.2%	$12.91	-28.7%	COM	68554V108
CRL	Charles River Labs	175,950	$24.97M	1.1%	$87.81	+54.5%	COM	159864107
TECH	Bio Techne	105,498	$22M	0.9%	$38.03	+28.6%	COM	09073M104
—	Tivity Health	1,320,177	$21.7M	0.9%	$24.08	—	COM	88870R102
IPGP	IPG Photonic	136,749	$21.09M	0.9%	$84.60	+78.8%	COM	44980X109
—	Abiomed	80,313	$20.92M	0.9%	$260.49	—	COM	003654100
DORM	Dorman Products	221,170	$19.27M	0.8%	$61.93	+40.3%	COM	258278100
HAE	Haemonetics	158,735	$19.1M	0.8%	$34.33	+186.6%	COM	405024100
PRLB	Proto Labs	138,772	$16.1M	0.7%	$60.09	+79.1%	COM	743713109
MMSI	Merit Medical Systems	267,425	$15.93M	0.7%	$23.56	+143.4%	COM	589889104
HCSG	Healthcare Services Grp	525,207	$15.92M	0.7%	$42.33	-21.9%	COM	421906108
ACIW	ACI Worldwide	398,000	$13.67M	0.6%	$18.98	+74.6%	COM	004498101
—	National Instruments	271,405	$11.4M	0.5%	$40.33	—	COM	636518102
ALRM	Alarm.Com Holdings	178,500	$9.55M	0.4%	$39.60	+55.8%	COM	011642105
—	Strategic Education	50,767	$9.037M	0.4%	$136.69	—	COM	86272c103
CVLT	CommVault Systems	180,000	$8.932M	0.4%	$52.56	+1.2%	COM	204166102
HQY	HealthEquity	133,930	$8.759M	0.4%	$70.18	-0.8%	COM	42226A107
DLB	Dolby Laboratories	116,021	$7.495M	0.3%	$55.51	+4.3%	COM	25659T107
GHM	Graham	342,113	$6.914M	0.3%	$20.00	-4.9%	COM	384556106
FORR	Forrester Research	140,960	$6.629M	0.3%	$37.89	+27.1%	COM	346563109
RGEN	Repligen	72,510	$6.232M	0.3%	$51.85	+31.5%	COM	759916109
—	Envestnet Conv Sr Unsecd Note	3,760,000	$4.251M	0.2%	$0.88	—	CONV	29404KAA4
—	Wright Medical Group	138,718	$4.137M	0.2%	$23.95	—	COM	N96617118
—	Forward Air	64,890	$3.838M	0.2%	$43.64	—	COM	349853101
RBC	RBC Bearings	22,920	$3.823M	0.2%	$142.67	-0.8%	COM	75524B104
—	Aspen Technology	28,522	$3.545M	0.2%	$48.82	—	COM	045327103
INGN	Inogen	50,030	$3.34M	0.1%	$107.86	-29.4%	COM	45780L104
PAYC	Paycom Software	13,995	$3.173M	0.1%	$159.22	+26.4%	COM	70432V102
HOLX	Hologic	54,710	$2.627M	0.1%	$37.80	+22.3%	COM	436440101
MPWR	Monolithic Power Systems	19,265	$2.616M	0.1%	$112.73	+14.5%	COM	609839105
LNN	Lindsay Manufacturing	30,205	$2.483M	0.1%	$63.29	+22.7%	COM	535555106
GWRE	Guidewire Software	19,035	$1.93M	0.1%	$101.96	0.0%	COM	40171V100
—	Bottomline Technologies	36,745	$1.626M	0.1%	$46.32	—	COM	101388106
KWR	Quaker Chemical	7,000	$1.42M	0.1%	$97.60	+108.3%	COM	747316107
FELE	Franklin Electric	26,600	$1.263M	0.1%	$34.71	+27.2%	COM	353514102
NEO	NeoGenomics	48,590	$1.066M	0.0%	$15.45	+42.1%	COM	64049M209
GLOB	Globant S.A.	7,031	$710K	0.0%	$47.19	+84.7%	COM	L44385109
ORLY	O'Reilly Automotive	1,000	$369K	0.0%	$16.33	+55.1%	COM	67103H107
—	NIC	17,155	$275K	0.0%	$15.07	—	COM	62914B100
FFIV	F5 Networks	1,807	$263K	0.0%	$123.50	+21.2%	COM	315616102
ZBRA	Zebra Technologies	1,100	$230K	0.0%	$61.48	+228.0%	COM	989207105