Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Valeant Pharmaceuticals Int'l	616,003	$81.21M	9.6%	$86.08	—	COM	91911k102
MANH	Manhattan Associates	1,649,632	$57.79M	6.8%	$30.60	+13.8%	COM	562750109
ICLR	ICON PLC	768,435	$36.54M	4.3%	$33.15	+34.5%	COM	G4705A100
IDXX	IDEXX Laboratories	269,768	$32.75M	3.9%	$43.69	+36.3%	COM	45168D104
CGNX	Cognex	902,940	$30.57M	3.6%	$11.31	+51.6%	COM	192422103
ILMN	Illumina	204,750	$30.44M	3.6%	$64.01	+129.6%	COM	452327109
LKQ	LKQ	1,093,900	$28.82M	3.4%	$21.80	+15.2%	COM	501889208
GNTX	Gentex	888,380	$28.01M	3.3%	$11.27	+41.5%	COM	371901109
RMD	ResMed	582,150	$26.02M	3.1%	$40.19	-4.4%	COM	761152107
FDS	FactSet Research System	224,385	$24.19M	2.9%	$84.35	+10.5%	COM	303075105
HAE	Haemonetics	718,380	$23.41M	2.8%	$40.56	-5.8%	COM	405024100
ZBRA	Zebra Technologies	313,650	$21.77M	2.6%	$45.60	+34.5%	COM	989207105
HOLX	Hologic	1,010,075	$21.72M	2.6%	$20.95	+3.0%	COM	436440101
—	NuVasive Conv Sr Notes	17,662,000	$20.97M	2.5%	$0.99	—	CONV	670704AC9
SEIC	SEI Investments	596,050	$20.03M	2.4%	$24.89	+18.1%	COM	784117103
JKHY	Jack Henry & Associates	320,375	$17.86M	2.1%	$39.66	+24.7%	COM	426281101
—	Albany Molecular Research	899,450	$16.72M	2.0%	$12.39	—	COM	012423109
—	HMS Holdings	847,840	$16.15M	1.9%	$22.42	—	COM	40425J101
FORR	Forrester Research	444,910	$15.95M	1.9%	$32.30	+5.2%	COM	346563109
—	Cepheid	304,705	$15.72M	1.9%	$35.32	—	COM	15670R107
—	ArthroCare	310,975	$14.99M	1.8%	$35.72	—	COM	043136100
TRMB	Trimble Navigation	377,575	$14.68M	1.7%	$28.33	+27.0%	COM	896239100
NICE	Nice Systems	324,605	$14.5M	1.7%	$38.52	—	COM	653656108
—	Mednax	225,100	$13.95M	1.6%	$70.69	—	COM	58502b106
—	IPC Hospitalist	277,250	$13.61M	1.6%	$51.17	—	COM	44984A105
MORN	Morningstar	165,670	$13.09M	1.5%	$70.52	+12.9%	COM	617700109
AVAV	AeroVironment	274,110	$11.03M	1.3%	$25.13	+29.6%	COM	008073108
—	Micros Systems	207,835	$11M	1.3%	$46.26	—	COM	594901100
FELE	Franklin Electric	239,960	$10.2M	1.2%	$31.74	+17.0%	COM	353514102
—	Bio Reference Labs	340,850	$9.435M	1.1%	$28.70	—	COM	09057G602
—	Acxiom	272,500	$9.373M	1.1%	$28.61	—	COM	005125109
HURN	Huron Consulting Grp	144,920	$9.185M	1.1%	$42.58	+52.8%	COM	447462102
CRL	Charles River Labs	150,050	$9.054M	1.1%	$42.84	+36.1%	COM	159864107
—	Albany Molecular Research Conv	6,400,000	$8.672M	1.0%	$0.93	—	CONV	012423AA7
ACIW	ACI Worldwide	135,100	$7.997M	0.9%	$16.45	+23.0%	COM	004498101
—	Ansys	89,139	$6.865M	0.8%	$73.44	—	COM	03662Q105
—	TIBCO Software	331,800	$6.742M	0.8%	$21.95	—	COM	88632Q103
MDRX	Allscripts	340,000	$6.13M	0.7%	$13.40	+29.1%	COM	01988P108
TBRG	Computer Programs & Systems	93,975	$6.071M	0.7%	$40.99	+29.5%	COM	205306103
HCSG	Healthcare Services Grp	204,155	$5.933M	0.7%	$23.18	+18.3%	COM	421906108
—	Healthways	345,900	$5.929M	0.7%	$17.17	—	COM	422245100
MMSI	Merit Medical Systems	367,750	$5.259M	0.6%	$10.72	+38.6%	COM	589889104
ITRI	ITRON	147,750	$5.251M	0.6%	$42.64	-11.2%	COM	465741106
—	Verint Systems	110,125	$5.168M	0.6%	$36.11	—	COM	92343x100
KWR	Quaker Chemical	63,200	$4.982M	0.6%	$61.79	+20.4%	COM	747316107
FTNT	Fortinet	200,550	$4.418M	0.5%	$4.14	+5.7%	COM	34959E109
—	Furiex Pharmaceuticals	48,750	$4.241M	0.5%	$34.07	—	COM	36106P101
—	WebMD Health Conv Sr Notes	3,655,000	$3.685M	0.4%	$0.92	—	CONV	94770VAF9
BLKB	Blackbaud	109,550	$3.429M	0.4%	$29.25	+9.8%	COM	09227Q100
—	Abaxis	81,500	$3.169M	0.4%	$42.11	—	COM	002567105
—	Integra Life Sciences Conv Sr	2,910,000	$3.094M	0.4%	$0.98	—	CONV	457985AK5
—	Forward Air	64,175	$2.959M	0.3%	$38.71	—	COM	349853101
—	Meridian Bioscience	132,050	$2.877M	0.3%	$21.51	—	COM	589584101
LNN	Lindsay	30,000	$2.645M	0.3%	$68.98	+5.8%	COM	535555106
—	Linear Tech	48,300	$2.352M	0.3%	$38.24	—	COM	535678106
—	National Instruments	69,950	$2.007M	0.2%	$27.94	—	COM	636518102
IART	Integra Lifesciences	42,000	$1.932M	0.2%	$16.21	+31.7%	COM	457985208
—	Cerner	33,800	$1.901M	0.2%	$74.32	—	COM	156782104
—	Thoratec	50,500	$1.808M	0.2%	$31.92	—	COM	885175307
BRC	Brady	64,600	$1.754M	0.2%	$24.80	-12.2%	COM	104674106
ANGO	AngioDynamics	84,000	$1.323M	0.2%	$10.64	+53.1%	COM	03475V101
—	Wright Medical	35,425	$1.101M	0.1%	$28.35	—	COM	98235T107
—	NeuStar	25,300	$823K	0.1%	$48.69	—	COM	64126x201
FFIV	F5 Networks	7,600	$810K	0.1%	$78.12	+35.4%	COM	315616102
—	Advisory Board	12,325	$792K	0.1%	$54.65	—	COM	00762W107
—	Genesee & Wyoming Class A	7,775	$757K	0.1%	$85.82	—	COM	371559105
—	VCA Antech	22,700	$732K	0.1%	$27.70	—	COM	918194101
OII	Oceaneering Intl	8,425	$605K	0.1%	$70.39	+1.7%	COM	675232102
—	Wright Medical Conv Sr Notes	540,000	$526K	0.1%	$1.02	—	CONV	98235TAA5
SM	SM Energy	7,200	$513K	0.1%	$54.11	+28.4%	COM	78454L100
CSGP	Costar Group	2,350	$439K	0.1%	$11.32	+66.7%	COM	22160N109
—	Atwood Oceanics	8,500	$428K	0.1%	$55.00	—	COM	050095108
BRK/A	Berkshire Hathaway Cl A	2	$375K	0.0%	$173485.66	+1.2%	COM	084670108
—	NuVasive	6,950	$267K	0.0%	$24.78	—	COM	670704105
—	Capella Education	4,000	$253K	0.0%	$56.99	—	COM	139594105
DORM	Dorman Products	3,900	$230K	0.0%	$54.89	0.0%	COM	258278100
—	Techne	2,450	$209K	0.0%	$85.31	—	COM	878377100
—	Newfield Exploration	6,550	$205K	0.0%	$31.30	—	COM	651290108