Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	NQ Mobile, Inc. - ADR	1,989,561	$29.25M	7.1%	—	—	com	64118U108
VNET	21Vianet Group, Inc. - ADR	854,640	$20.1M	4.9%	—	—	com	90138A103
MEI	Methode Electronics, Inc.	450,130	$15.39M	3.7%	—	—	com	591520200
—	Medidata Solutions, Inc.	236,340	$14.3M	3.5%	—	—	com	58471A105
GIII	G III Apparel Group Ltd.	185,149	$13.69M	3.3%	—	—	com	36237H101
LGND	Ligand Pharmaceuticals Cl B	213,317	$11.22M	2.7%	—	—	com	53220K504
—	Wageworks, Inc.	186,401	$11.08M	2.7%	—	—	com	930427109
—	Gulfport Energy Corp.	175,125	$11.06M	2.7%	—	—	com	402635304
—	Invensense, Inc.	500,439	$10.4M	2.5%	—	—	com	46123D205
—	Bonanza Creek Energy, Inc.	219,774	$9.554M	2.3%	—	—	com	097793103
—	Envestnet, Inc.	223,422	$9.004M	2.2%	—	—	com	29404K106
—	Stamps.com, Inc.	212,428	$8.943M	2.2%	—	—	com	852857200
BBSI	Barrett Business Services	94,651	$8.778M	2.1%	—	—	com	068463108
VIPS	Vipshop Holdings Ltd. ADS	100,900	$8.443M	2.0%	—	—	com	92763W103
—	Gentium Spa-Sponsored ADR	145,016	$8.28M	2.0%	—	—	com	37250B104
—	Advisory Board Co.	128,350	$8.172M	2.0%	—	—	com	00762W107
SYNA	Synaptics, Inc.	156,456	$8.106M	2.0%	—	—	com	87157D109
—	Web.com Group, Inc.	251,177	$7.985M	1.9%	—	—	com	94733A104
—	500.COM	208,960	$7.391M	1.8%	—	—	com	33829R100
—	On Assignment, Inc.	210,814	$7.362M	1.8%	—	—	com	682159108
HSTM	Healthstream Inc.	209,629	$6.839M	1.7%	—	—	com	42222N103
—	Cyberonics, Inc.	103,667	$6.782M	1.6%	—	—	com	23251P102
BBBY	Overstock.com, Inc.	219,197	$6.749M	1.6%	—	—	com	690370101
PMT	Pennymac Mortgage Investment	262,855	$6.035M	1.5%	—	—	com	70931T103
—	Qihoo 360 Technology Co-ADR	72,000	$5.908M	1.4%	—	—	com	74734M109
EGAN	eGain Corp.	571,510	$5.852M	1.4%	—	—	com	28225C806
—	PGT, Inc.	543,993	$5.505M	1.3%	—	—	com	69336V101
SHOO	Steven Madden Ltd.	149,850	$5.483M	1.3%	—	—	com	556269108
—	Soufun Holdings Ltd. ADR	64,450	$5.311M	1.3%	—	—	com	836034108
ICLR	Icon Plc Corp.	122,200	$4.939M	1.2%	—	—	com	G4705A100
NTES	Netease.Com, Inc.	62,390	$4.904M	1.2%	—	—	com	64110W102
NOAH	Noah Holdings	254,600	$4.583M	1.1%	—	—	com	65487X102
—	Support.com, Inc.	1,202,441	$4.557M	1.1%	—	—	com	86858W101
IMMR	Immersion Corp Com	434,288	$4.508M	1.1%	—	—	com	452521107
CSIQ	Canadian Solar, Inc.	146,000	$4.354M	1.1%	—	—	com	136635109
—	YY	77,500	$3.897M	0.9%	—	—	com	98426T106
—	Sina Corp.	41,700	$3.513M	0.9%	—	—	com	G81477104
—	Bitauto	104,800	$3.349M	0.8%	—	—	com	091727107
—	Multimedia Games	102,045	$3.2M	0.8%	—	—	com	625453105
AMBA	Ambarella, Inc.	92,400	$3.131M	0.8%	—	—	com	G037AX101
—	China Lodging Group-Spon ADS	100,000	$3.046M	0.7%	—	—	com	16949N109
THRM	Gentherm, Inc.	95,200	$2.552M	0.6%	—	—	com	37253A103
—	Interactive Intelligence Group	36,950	$2.489M	0.6%	—	—	com	45841V109
—	Apparel Holding Corp.	78,400	$2.405M	0.6%	—	—	com	92719W108
—	Lannett Company, Inc.	67,200	$2.224M	0.5%	—	—	com	516012101
EHTH	Ehealth, Inc.	44,300	$2.06M	0.5%	—	—	com	28238P109
LOPE	Grand Canyon Education, Inc.	42,700	$1.862M	0.5%	—	—	com	38526M106
—	Dealertrack Technologies, Inc.	38,600	$1.856M	0.4%	—	—	com	242309102
—	Roadrunner Transportation Syst	67,030	$1.806M	0.4%	—	—	com	76973Q105
TBBK	Bancorp, Inc./The	97,128	$1.74M	0.4%	—	—	com	05969A105
SSYS	Stratasys Ltd.	12,600	$1.697M	0.4%	—	—	com	M85548101
—	China Mobile Games & Entertain	65,550	$1.654M	0.4%	—	—	com	16952T100
EGHT	8X8 Inc.	155,200	$1.575M	0.4%	—	—	com	282914100
—	AVG Technologies	87,685	$1.509M	0.4%	—	—	com	N07831105
—	Endologix, Inc.	86,200	$1.503M	0.4%	—	—	com	29266S106
OMCL	Omnicell, Inc.	57,600	$1.471M	0.4%	—	—	com	68213N109
IPGP	IPG Photonics Corp.	18,900	$1.467M	0.4%	—	—	com	44980X109
—	Autohome, Inc. ADR	40,000	$1.464M	0.4%	—	—	com	05278c107
—	RPX Corporation	85,600	$1.447M	0.4%	—	—	com	74972G103
—	Fleetmatics Group Plc	33,120	$1.432M	0.3%	—	—	com	G35569105
SPY	SPDR S&P 500 ETF Trust	7,600	$1.403M	0.3%	—	—	com	78462F103
—	EPL Oil & Gas	48,400	$1.379M	0.3%	—	—	com	26883D108
—	MGC Diagnostics Corp.	106,901	$1.353M	0.3%	—	—	com	552768103
—	Callidus Software Inc.	96,930	$1.331M	0.3%	—	—	com	13123E500
—	CalAmp Corp.	45,600	$1.275M	0.3%	—	—	com	128126109
FANG	Diamondback Energy Inc.	23,700	$1.253M	0.3%	—	—	com	25278X109
—	Tangoe, Inc.	67,700	$1.219M	0.3%	—	—	com	87582Y108
—	Youku Tudou, Inc.	40,000	$1.212M	0.3%	—	—	com	98742U100
MMS	Maximus, Inc.	26,600	$1.17M	0.3%	—	—	com	577933104
—	Sunpower Corp.	38,200	$1.139M	0.3%	—	—	com	867652406
—	Datawatch Corp.	33,190	$1.129M	0.3%	—	—	com	237917208
—	Ring Energy, Inc.	90,000	$1.098M	0.3%	—	—	com	76680v108
TMHC	Taylor Morrison Home Corp.	45,800	$1.028M	0.2%	—	—	com	87724P106
—	E-Commerce China Spon ADR	105,000	$1.003M	0.2%	—	—	com	26833A105
—	51Job Inc. ADR	12,600	$982K	0.2%	—	—	com	316827104
ACHC	Acadia Healthcare Co., Inc.	20,600	$975K	0.2%	—	—	com	00404A109
ACIC	United Insurance Holdings Co.	66,350	$934K	0.2%	—	—	com	910710102
—	Sciquest, Inc.	32,500	$926K	0.2%	—	—	com	80908T101
—	Bofi Holding, Inc.	11,305	$887K	0.2%	—	—	com	05566U108
DIOD	Diodes, Inc.	37,200	$876K	0.2%	—	—	com	254543101
CPSS	Consumer Portfolio Services	84,550	$794K	0.2%	—	—	com	210502100
—	Momenta Pharmaceuticals Inc.	44,600	$789K	0.2%	—	—	com	60877T100
—	Infoblox, Inc.	22,900	$756K	0.2%	—	—	com	45672H104
—	Pixelworks, Inc.	152,660	$736K	0.2%	—	—	com	72581M305
—	Procera Networks, Inc.	48,820	$733K	0.2%	—	—	com	74269U203
WGO	Winnebago Industries, Inc.	26,500	$727K	0.2%	—	—	com	974637100
—	Synchronoss Technologies Inc.	22,600	$702K	0.2%	—	—	com	87157B103
SILC	Silicom Ltd.	13,900	$636K	0.2%	—	—	com	M84116108
—	Attunity Ltd.	61,410	$636K	0.2%	—	—	com	M15332121
—	Federated National Holding C	42,000	$616K	0.1%	—	—	com	31422T101
ZUMZ	Zumiez Inc.	23,700	$616K	0.1%	—	—	com	989817101
—	Quicklogic Corp.	150,000	$592K	0.1%	—	—	com	74837P108
—	FXCM, Inc.	32,400	$578K	0.1%	—	—	com	302693106
—	US Silica Holdings, Inc.	16,700	$570K	0.1%	—	—	com	90346E103
—	Furmanite Corp.	52,500	$558K	0.1%	—	—	com	361086101
—	Rignet, Inc.	11,100	$532K	0.1%	—	—	com	766582100
—	Silver Spring Networks, Inc.	25,200	$529K	0.1%	—	—	com	82817Q103
EPM	Evolution Petroleum Corp.	42,550	$525K	0.1%	—	—	com	30049A107
—	Sucampo Pharmaceuticals	53,000	$498K	0.1%	—	—	com	864909106
—	Northern Oil & Gas, Inc.	31,200	$470K	0.1%	—	—	com	665531109
—	Flotek Inds Inc.	22,100	$444K	0.1%	—	—	com	343389102
—	Rentrak Corp.	10,800	$409K	0.1%	—	—	com	760174102
—	Montage Technology Group Ltd.	25,000	$408K	0.1%	—	—	com	G6209T105
JNJ	Johnson & Johnson	4,367	$400K	0.1%	—	—	com	478160104
MSFT	Microsoft Corp.	10,508	$393K	0.1%	—	—	com	594918104
MTRX	Matrix Service Co.	15,400	$376K	0.1%	—	—	com	576853105
—	Bryn Mawr Bank Corp.	12,300	$371K	0.1%	—	—	com	117665109
EXPE	Expedia, Inc.	5,117	$356K	0.1%	—	—	com	30212P303
—	Financial Engines, Inc.	5,100	$354K	0.1%	—	—	com	317485100
TRV	The Travelers Co., Inc.	3,863	$350K	0.1%	—	—	com	89417E109
—	Callon Petroleum Corp.	53,000	$346K	0.1%	—	—	com	13123X102
MXL	Maxlinear, Inc. Class A	32,600	$340K	0.1%	—	—	com	57776J100
JPM	JP Morgan Chase & Company Inc.	5,749	$336K	0.1%	—	—	com	46625H100
—	Qunar Cayman Islands Ltd.	12,600	$334K	0.1%	—	—	com	74906p104
—	Taser International, Inc.	21,000	$333K	0.1%	—	—	com	87651B104
AMGN	Amgen, Inc.	2,867	$327K	0.1%	—	—	com	031162100
—	Perficient Inc.	13,800	$323K	0.1%	—	—	com	71375U101
VZ	Verizon Communications	6,402	$315K	0.1%	—	—	com	92343V104
WMT	Wal Mart Stores Inc.	3,769	$297K	0.1%	—	—	com	931142103
—	Silicon Image, Inc.	48,000	$295K	0.1%	—	—	com	82705T102
AAPL	Apple, Inc.	513	$288K	0.1%	—	—	com	037833100
—	Advanced Emissions Solutions,	5,100	$277K	0.1%	—	—	com	00770c101
—	Triangle Petroleum Corp.	33,000	$275K	0.1%	—	—	com	89600B201
BHP	BHP Billiton Ltd. ADR	4,005	$273K	0.1%	—	—	com	088606108
INTC	Intel Corporation	9,870	$256K	0.1%	—	—	com	458140100
MA	Mastercard, Inc.	291	$243K	0.1%	—	—	com	57636Q104
TM	Toyota Motor Corp. ADR	1,962	$239K	0.1%	—	—	com	892331307
—	NU Skin Enterprises	1,700	$235K	0.1%	—	—	com	67018t105
EGBN	Eagle Bancorp, Inc.	7,580	$232K	0.1%	—	—	com	268948106
—	Vascular Solutions	9,800	$227K	0.1%	—	—	com	92231m109
BK	Bank of New York Mellon Corp.	6,358	$222K	0.1%	—	—	com	064058100
ECPG	Encore Capital Group, Inc.	4,400	$221K	0.1%	—	—	com	292554102
—	Catamaran Corp.	4,630	$220K	0.1%	—	—	com	148887102
KMB	Kimberly Clark Corp.	2,057	$215K	0.1%	—	—	com	494368103
XOM	Exxon Mobil Corp.	2,055	$208K	0.1%	—	—	com	30231G102
WFC	Wells Fargo & Co.	4,574	$208K	0.1%	—	—	com	949746101
—	Alcatel-Lucent Spon ADR	46,900	$206K	0.0%	—	—	com	013904305
—	Performance Technologies	53,391	$200K	0.0%	—	—	com	71376K102
—	IGI Laboratories, Inc.	62,600	$191K	0.0%	—	—	com	449575109
—	Westell Technologies Inc	42,700	$173K	0.0%	—	—	com	957541105
—	ShoreTel	17,500	$162K	0.0%	—	—	com	825211105
—	Comstock Hldg Companies, Inc.	70,500	$141K	0.0%	—	—	com	205684103
—	Lionbridge Technologies, Inc.	23,300	$139K	0.0%	—	—	com	536252109
—	Incontact, Inc.	16,160	$126K	0.0%	—	—	com	45336E109
EXTR	Extreme Networks, Inc.	16,500	$115K	0.0%	—	—	com	30226D106
ISSC	Innovative Solutions & Support	14,800	$108K	0.0%	—	—	com	45769N105
—	Streamline Health Solutions	12,900	$90,000	0.0%	—	—	com	86323X106
—	Xenacare Hldgs, Inc.	140,000	$0	0.0%	—	—	com	98401A106