Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Valeant Pharmaceuticals Int'l	654,903	$76.89M	9.5%	$86.08	—	COM	91911k102
MANH	Manhattan Associates	421,791	$49.55M	6.1%	$18.32	+50.2%	COM	562750109
CGNX	Cognex	904,520	$34.53M	4.3%	$11.31	+31.9%	COM	192422103
LKQ	LKQ	982,018	$32.31M	4.0%	$21.42	+36.8%	COM	501889208
ICLR	ICON PLC	770,135	$31.13M	3.9%	$33.15	+19.9%	COM	G4705A100
HAE	Haemonetics	736,870	$31.04M	3.8%	$40.56	+1.4%	COM	405024100
GNTX	Gentex	907,535	$29.93M	3.7%	$11.27	+30.0%	COM	371901109
IDXX	IDEXX Laboratories	271,598	$28.89M	3.6%	$43.69	+20.5%	COM	45168D104
RMD	ResMed	564,725	$26.59M	3.3%	$40.24	+7.0%	COM	761152107
ILMN	Illumina	220,050	$24.34M	3.0%	$64.01	+43.1%	COM	452327109
FDS	FactSet Research System	222,055	$24.11M	3.0%	$84.26	+15.8%	COM	303075105
HOLX	Hologic	1,007,325	$22.51M	2.8%	$20.95	+5.3%	COM	436440101
SEIC	SEI Investments	590,200	$20.5M	2.5%	$24.89	+14.8%	COM	784117103
—	NuVasive Conv Sr Notes	17,845,000	$19.33M	2.4%	$0.99	—	CONV	670704AC9
JKHY	Jack Henry & Associates	320,655	$18.99M	2.4%	$39.66	+20.8%	COM	426281101
FORR	Forrester Research	459,937	$17.6M	2.2%	$32.30	+7.5%	COM	346563109
ZBRA	Zebra Technologies	317,550	$17.17M	2.1%	$45.60	+10.0%	COM	989207105
—	HMS Holdings	727,670	$16.52M	2.0%	$22.97	—	COM	40425J101
—	IPC Hospitalist	253,640	$15.06M	1.9%	$51.36	—	COM	44984A105
—	Cepheid	311,110	$14.52M	1.8%	$35.32	—	COM	15670R107
MORN	Morningstar	166,870	$13.03M	1.6%	$70.52	+12.8%	COM	617700109
—	ArthroCare	316,975	$12.76M	1.6%	$35.72	—	COM	043136100
NICE	Nice Systems	309,450	$12.68M	1.6%	$38.21	—	COM	653656108
TRMB	Trimble Navigation	359,500	$12.47M	1.5%	$27.94	+12.9%	COM	896239100
—	Mednax	212,600	$11.35M	1.4%	$71.21	—	COM	58502b106
—	Acxiom	262,500	$9.707M	1.2%	$28.39	—	COM	005125109
—	Albany Molecular Research	946,150	$9.537M	1.2%	$12.39	—	COM	012423109
—	Micros Systems	165,510	$9.495M	1.2%	$44.56	—	COM	594901100
HURN	Huron Consulting Grp	149,204	$9.351M	1.2%	$42.58	+37.4%	COM	447462102
ACIW	ACI Worldwide	135,100	$8.781M	1.1%	$16.45	+20.6%	COM	004498101
FELE	Franklin Electric	189,900	$8.477M	1.1%	$30.32	+18.4%	COM	353514102
—	Bio Reference Labs	325,500	$8.313M	1.0%	$28.75	—	COM	09057G602
CRL	Charles River Labs	150,050	$7.959M	1.0%	$42.84	+17.2%	COM	159864107
—	Ansys	86,817	$7.57M	0.9%	$73.34	—	COM	03662Q105
ITRI	ITRON	172,700	$7.155M	0.9%	$42.64	-0.5%	COM	465741106
—	TIBCO Software	306,350	$6.887M	0.9%	$22.09	—	COM	88632Q103
AVAV	AeroVironment	213,700	$6.227M	0.8%	$23.03	+16.8%	COM	008073108
—	Albany Molecular Research Conv	6,400,000	$5.92M	0.7%	$0.93	—	CONV	012423AA7
TBRG	Computer Programs & Systems	95,575	$5.907M	0.7%	$40.99	+19.4%	COM	205306103
MMSI	Merit Medical Systems	367,750	$5.788M	0.7%	$10.72	+41.6%	COM	589889104
HCSG	Healthcare Services Grp	201,930	$5.729M	0.7%	$23.13	+18.4%	COM	421906108
MDRX	Allscripts	345,450	$5.341M	0.7%	$13.40	+10.0%	COM	01988P108
—	Healthways	345,900	$5.31M	0.7%	$17.17	—	COM	422245100
KWR	Quaker Chemical	63,200	$4.871M	0.6%	$61.79	+24.4%	COM	747316107
—	Verint Systems	110,750	$4.756M	0.6%	$36.11	—	COM	92343x100
—	WebMD Health Conv Sr Notes	3,755,000	$3.689M	0.5%	$0.92	—	CONV	94770VAF9
BLKB	Blackbaud	97,950	$3.688M	0.5%	$28.91	+22.4%	COM	09227Q100
—	Abaxis	87,450	$3.499M	0.4%	$42.11	—	COM	002567105
—	Meridian Bioscience	126,050	$3.344M	0.4%	$21.50	—	COM	589584101
—	Integra Life Sciences Conv Sr	2,950,000	$3.168M	0.4%	$0.98	—	CONV	457985AK5
—	Forward Air	60,675	$2.664M	0.3%	$38.29	—	COM	349853101
—	National Instruments	71,500	$2.289M	0.3%	$27.94	—	COM	636518102
—	Cerner	40,800	$2.274M	0.3%	$74.32	—	COM	156782104
—	Furiex Pharmaceuticals	49,134	$2.064M	0.3%	$34.07	—	COM	36106P101
—	Linear Tech	44,700	$2.036M	0.3%	$37.39	—	COM	535678106
IART	Integra Lifesciences	42,000	$2.004M	0.2%	$16.21	+25.2%	COM	457985208
BRC	Brady	64,600	$1.998M	0.2%	$24.80	-7.5%	COM	104674106
—	Thoratec	52,750	$1.931M	0.2%	$31.92	—	COM	885175307
FTNT	Fortinet	98,200	$1.879M	0.2%	$3.90	0.0%	COM	34959E109
LNN	Lindsay	20,000	$1.655M	0.2%	$66.98	0.0%	COM	535555106
SWKS	Skyworks Solutions	54,735	$1.563M	0.2%	$18.08	+15.8%	COM	83088M102
ANGO	AngioDynamics	84,000	$1.441M	0.2%	$10.64	+44.6%	COM	03475V101
—	NeuStar	25,950	$1.294M	0.2%	$48.69	—	COM	64126x201
—	Advisory Board	14,125	$899K	0.1%	$54.65	—	COM	00762W107
—	VCA Antech	23,000	$721K	0.1%	$27.70	—	COM	918194101
FFIV	F5 Networks	7,600	$691K	0.1%	$78.12	+9.0%	COM	315616102
—	Genesee & Wyoming Class A	7,125	$684K	0.1%	$84.77	—	COM	371559105
—	Wright Medical	19,900	$611K	0.1%	$26.22	—	COM	98235T107
SM	SM Energy	7,200	$598K	0.1%	$54.11	+40.0%	COM	78454L100
—	Wright Medical Conv Sr Notes	540,000	$586K	0.1%	$1.02	—	CONV	98235TAA5
OII	Oceaneering Intl	7,395	$583K	0.1%	$70.21	+15.6%	COM	675232102
—	Atwood Oceanics	8,500	$454K	0.1%	$55.00	—	COM	050095108
CSGP	Costar Group	2,350	$434K	0.1%	$11.32	+56.3%	COM	22160N109
BRK/A	Berkshire Hathaway Cl A	2	$356K	0.0%	$173485.66	0.0%	COM	084670108
—	Capella Education	3,700	$246K	0.0%	$56.49	—	COM	139594105
CVX	Chevron	1,800	$225K	0.0%	$71.54	+1.3%	COM	166764100
—	NuVasive	6,950	$225K	0.0%	$24.78	—	COM	670704105
—	El Paso Conv Pfd	4,000	$225K	0.0%	$58.50	—	PFD	283678209
—	Pengrowth Energy Tr	12,000	$74,000	0.0%	$4.92	—	COM	706902509
—	UQM Technologies	25,000	$53,000	0.0%	$2.12	—	COM	903213106