Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	NQ Mobile, Inc. - ADR	1,324,179	$23.32M	4.9%	—	—	com	64118U108
ICLR	Icon Plc Corp.	406,300	$19.32M	4.1%	—	—	com	G4705A100
GIII	G III Apparel Group Ltd.	226,059	$16.18M	3.4%	—	—	com	36237H101
VNET	21Vianet Group, Inc. - ADR	538,279	$15.45M	3.2%	—	—	com	90138A103
—	China Mobile Games & Entertain	675,322	$14.92M	3.1%	—	—	com	16952T100
LGND	Ligand Pharmaceuticals Cl B	213,737	$14.38M	3.0%	—	—	com	53220K504
—	Interactive Intelligence Group	186,521	$13.52M	2.8%	—	—	com	45841V109
—	Montage Technology Group Ltd.	657,889	$13.17M	2.8%	—	—	com	G6209T105
—	Medidata Solutions, Inc.	239,890	$13.04M	2.7%	—	—	com	58471A105
MEI	Methode Electronics, Inc.	400,567	$12.28M	2.6%	—	—	com	591520200
—	Invensense, Inc.	507,229	$12.01M	2.5%	—	—	com	46123D205
VIPS	Vipshop Holdings Ltd. ADS	75,500	$11.27M	2.4%	—	—	com	92763W103
CRTO	Criteo Sa-Spon ADR	273,300	$11.08M	2.3%	—	—	com	226718104
SYNA	Synaptics, Inc.	182,606	$10.96M	2.3%	—	—	com	87157D109
THRM	Gentherm, Inc.	304,971	$10.59M	2.2%	—	—	com	37253A103
—	Cardiovascular Systems, Inc.	307,531	$9.776M	2.1%	—	—	com	141619106
—	Qihoo 360 Technology Co-ADR	92,000	$9.161M	1.9%	—	—	com	74734M109
—	500.COM	241,160	$8.899M	1.9%	—	—	com	33829R100
—	Bonanza Creek Energy, Inc.	196,074	$8.706M	1.8%	—	—	com	097793103
—	Callidus Software Inc.	662,309	$8.292M	1.7%	—	—	com	13123E500
—	Vince Holding Corp.	313,921	$8.275M	1.7%	—	—	com	92719W108
—	On Assignment, Inc.	209,394	$8.081M	1.7%	—	—	com	682159108
—	Stamps.com, Inc.	237,912	$7.984M	1.7%	—	—	com	852857200
—	Wageworks, Inc.	135,991	$7.63M	1.6%	—	—	com	930427109
—	PGT, Inc.	658,093	$7.575M	1.6%	—	—	com	69336V101
—	Multimedia Games	248,473	$7.216M	1.5%	—	—	com	625453105
—	Cyberonics, Inc.	109,057	$7.117M	1.5%	—	—	com	23251P102
—	YY	83,300	$6.361M	1.3%	—	—	com	98426T106
PMT	Pennymac Mortgage Investment	265,675	$6.35M	1.3%	—	—	com	70931T103
SHOO	Steven Madden Ltd.	148,850	$5.356M	1.1%	—	—	com	556269108
EGAN	eGain Corp.	703,410	$4.966M	1.0%	—	—	com	28225C806
MTRX	Matrix Service Co.	128,644	$4.346M	0.9%	—	—	com	576853105
NTES	Netease.Com, Inc.	62,503	$4.206M	0.9%	—	—	com	64110W102
MLCO	Melco Crown Entertainment ADR	104,000	$4.02M	0.8%	—	—	com	585464100
SILC	Silicom Ltd.	64,535	$4.004M	0.8%	—	—	com	M84116108
CSIQ	Canadian Solar, Inc.	123,780	$3.966M	0.8%	—	—	com	136635109
IMMR	Immersion Corp Com	364,548	$3.846M	0.8%	—	—	com	452521107
BBSI	Barrett Business Services	63,616	$3.79M	0.8%	—	—	com	068463108
—	Envestnet, Inc.	88,396	$3.552M	0.7%	—	—	com	29404K106
—	Bitauto	93,800	$3.362M	0.7%	—	—	com	091727107
—	Chinacache International Spon	150,000	$3.081M	0.6%	—	—	com	16950M107
MMS	Maximus, Inc.	62,985	$2.826M	0.6%	—	—	com	577933104
EHTH	Ehealth, Inc.	54,800	$2.784M	0.6%	—	—	com	28238P109
—	Sciquest, Inc.	97,100	$2.623M	0.6%	—	—	com	80908T101
TBBK	Bancorp, Inc./The	132,498	$2.492M	0.5%	—	—	com	05969A105
AMBA	Ambarella, Inc.	92,400	$2.468M	0.5%	—	—	com	G037AX101
—	Youku Tudou, Inc.	87,000	$2.439M	0.5%	—	—	com	98742U100
—	EPL Oil & Gas	62,900	$2.428M	0.5%	—	—	com	26883D108
—	Sungy Mobile	113,500	$2.373M	0.5%	—	—	com	86737M100
—	Kongzhong Corp. ADR	200,000	$2.294M	0.5%	—	—	com	50047P104
—	Ring Energy, Inc.	129,000	$1.969M	0.4%	—	—	com	76680v108
—	Sanchez Energy Corp.	62,200	$1.843M	0.4%	—	—	com	79970Y105
FANG	Diamondback Energy Inc.	27,000	$1.817M	0.4%	—	—	com	25278X109
—	Gulfport Energy Corp.	25,500	$1.815M	0.4%	—	—	com	402635304
—	China Distance Educ Hldgs Ltd.	100,000	$1.803M	0.4%	—	—	com	16944W104
—	Dealertrack Technologies, Inc.	36,600	$1.8M	0.4%	—	—	com	242309102
—	Synchronoss Technologies Inc.	51,400	$1.763M	0.4%	—	—	com	87157B103
—	Soufun Holdings Ltd. ADR	25,500	$1.745M	0.4%	—	—	com	836034108
IPGP	IPG Photonics Corp.	22,900	$1.628M	0.3%	—	—	com	44980X109
—	Pixelworks, Inc.	288,560	$1.599M	0.3%	—	—	com	72581M305
OMCL	Omnicell, Inc.	54,200	$1.551M	0.3%	—	—	com	68213N109
EGHT	8X8 Inc.	139,900	$1.512M	0.3%	—	—	com	282914100
—	E-Commerce China Spon ADR	104,000	$1.493M	0.3%	—	—	com	26833A105
—	Federated National Holding C	81,300	$1.489M	0.3%	—	—	com	31422T101
—	Bofi Holding, Inc.	16,772	$1.438M	0.3%	—	—	com	05566U108
SPY	SPDR S&P 500 ETF Trust	7,600	$1.421M	0.3%	—	—	com	78462F103
—	Lannett Company, Inc.	39,500	$1.411M	0.3%	—	—	com	516012101
DIOD	Diodes, Inc.	53,900	$1.408M	0.3%	—	—	com	254543101
—	RPX Corporation	85,100	$1.385M	0.3%	—	—	com	74972G103
EGBN	Eagle Bancorp, Inc.	38,080	$1.375M	0.3%	—	—	com	268948106
—	US Silica Holdings, Inc.	34,900	$1.332M	0.3%	—	—	com	90346E103
—	Web.com Group, Inc.	39,100	$1.331M	0.3%	—	—	com	94733A104
ACIC	United Insurance Holdings Co.	89,850	$1.313M	0.3%	—	—	com	910710102
—	Gigamon, Inc.	41,500	$1.261M	0.3%	—	—	com	37518B102
—	Flotek Inds Inc.	45,200	$1.259M	0.3%	—	—	com	343389102
WGO	Winnebago Industries, Inc.	45,100	$1.235M	0.3%	—	—	com	974637100
SSYS	Stratasys Ltd.	11,600	$1.231M	0.3%	—	—	com	M85548101
—	INPHI Corp.	75,700	$1.218M	0.3%	—	—	com	45772F107
ACHC	Acadia Healthcare Co., Inc.	27,000	$1.218M	0.3%	—	—	com	00404A109
—	Points International Ltd.	47,500	$1.216M	0.3%	—	—	com	730843208
—	Synergy Resources Corp.	112,900	$1.214M	0.3%	—	—	com	87164P103
—	E-House China Holdings Limited	97,000	$1.173M	0.2%	—	—	com	26852W103
LOPE	Grand Canyon Education, Inc.	25,100	$1.172M	0.2%	—	—	com	38526M106
—	Callon Petroleum Corp.	136,300	$1.141M	0.2%	—	—	com	13123X102
—	Fleetmatics Group Plc	33,800	$1.131M	0.2%	—	—	com	G35569105
—	Rignet, Inc.	20,900	$1.125M	0.2%	—	—	com	766582100
—	CalAmp Corp.	40,200	$1.12M	0.2%	—	—	com	128126109
MMSI	Merit Medical System Inc	74,600	$1.067M	0.2%	—	—	com	589889104
—	Triangle Petroleum Corp.	126,900	$1.046M	0.2%	—	—	com	89600B201
—	Rentrak Corp.	17,000	$1.025M	0.2%	—	—	com	760174102
—	Vascular Solutions	36,000	$943K	0.2%	—	—	com	92231m109
—	Quicklogic Corp.	174,300	$908K	0.2%	—	—	com	74837P108
—	Dot Hill Systems, Inc.	234,000	$906K	0.2%	—	—	com	25848T109
CPSS	Consumer Portfolio Services	132,050	$903K	0.2%	—	—	com	210502100
EPM	Evolution Petroleum Corp.	68,850	$876K	0.2%	—	—	com	30049A107
—	Spectranetics Corp.	28,600	$867K	0.2%	—	—	com	84760c107
—	Sunpower Corp.	25,500	$823K	0.2%	—	—	com	867652406
—	Attunity Ltd.	88,210	$823K	0.2%	—	—	com	M15332121
STRT	Strattec Security Corp.	11,000	$795K	0.2%	—	—	com	863111100
—	Centerstate Banks, Inc.	68,400	$747K	0.2%	—	—	com	15201P109
—	Datawatch Corp.	26,590	$721K	0.2%	—	—	com	237917208
—	Elecsys Corp.	52,300	$702K	0.1%	—	—	com	28473M100
MXL	Maxlinear, Inc. Class A	73,500	$697K	0.1%	—	—	com	57776J100
—	Westell Technologies Inc	188,600	$696K	0.1%	—	—	com	957541105
—	Sucampo Pharmaceuticals	94,000	$672K	0.1%	—	—	com	864909106
—	Pacific Premier Bancorp, Inc.	41,600	$671K	0.1%	—	—	com	69478X105
—	Bolt Technology Corp.	30,100	$595K	0.1%	—	—	com	097698104
—	MGC Diagnostics Corp.	51,800	$590K	0.1%	—	—	com	552768103
—	Momenta Pharmaceuticals Inc.	49,400	$576K	0.1%	—	—	com	60877T100
—	Incontact, Inc.	58,860	$565K	0.1%	—	—	com	45336E109
ISSC	Innovative Solutions & Support	67,900	$511K	0.1%	—	—	com	45769N105
—	Sequential Brands Group, Inc.	59,640	$477K	0.1%	—	—	com	817340201
HSTM	Healthstream Inc.	17,600	$470K	0.1%	—	—	com	42222N103
MSFT	Microsoft Corp.	10,510	$431K	0.1%	—	—	com	594918104
JNJ	Johnson & Johnson	4,372	$429K	0.1%	—	—	com	478160104
—	Sevcon, Inc.	36,600	$418K	0.1%	—	—	com	81783K108
—	Taser International, Inc.	22,100	$404K	0.1%	—	—	com	87651B104
—	Bridge Bancorp, Inc.	14,600	$390K	0.1%	—	—	com	108035106
—	IGI Laboratories, Inc.	66,100	$373K	0.1%	—	—	com	449575109
AMGN	Amgen, Inc.	2,867	$354K	0.1%	—	—	com	031162100
—	Bryn Mawr Bank Corp.	12,300	$353K	0.1%	—	—	com	117665109
JPM	JP Morgan Chase & Company Inc.	5,655	$343K	0.1%	—	—	com	46625H100
—	Inventure Foods, Inc.	23,500	$329K	0.1%	—	—	com	461212102
TRV	The Travelers Co., Inc.	3,868	$329K	0.1%	—	—	com	89417E109
VZ	Verizon Communications	6,291	$299K	0.1%	—	—	com	92343V104
WMT	Wal Mart Stores Inc.	3,771	$288K	0.1%	—	—	com	931142103
BHP	BHP Billiton Ltd. ADR	4,008	$272K	0.1%	—	—	com	088606108
AAPL	Apple, Inc.	504	$270K	0.1%	—	—	com	037833100
ANIK	Anika Therapeutics, Inc.	6,500	$267K	0.1%	—	—	com	035255108
INTC	Intel Corporation	9,875	$255K	0.1%	—	—	com	458140100
—	Advanced Emissions Solutions,	10,200	$250K	0.1%	—	—	com	00770c101
—	Perficient Inc.	13,800	$250K	0.1%	—	—	com	71375U101
ZBRA	Zebra Technologies Corp.-Cl A	3,400	$236K	0.0%	—	—	com	989207105
—	Financial Engines, Inc.	4,600	$234K	0.0%	—	—	com	317485100
WFC	Wells Fargo & Co.	4,575	$228K	0.0%	—	—	com	949746101
KMB	Kimberly Clark Corp.	2,059	$227K	0.0%	—	—	com	494368103
BK	Bank of New York Mellon Corp.	6,359	$224K	0.0%	—	—	com	064058100
TM	Toyota Motor Corp. ADR	1,963	$222K	0.0%	—	—	com	892331307
—	Emc Corporation	7,904	$217K	0.0%	—	—	com	268648102
TRN	Trinity Industries Inc.	3,000	$216K	0.0%	—	—	com	896522109
ATRO	Astronics Corp.	3,360	$213K	0.0%	—	—	com	046433108
MA	Mastercard, Inc.	2,804	$209K	0.0%	—	—	com	57636Q104
—	Catamaran Corp.	4,570	$205K	0.0%	—	—	com	148887102
XOM	Exxon Mobil Corp.	2,055	$201K	0.0%	—	—	com	30231G102
—	Lionbridge Technologies, Inc.	23,300	$156K	0.0%	—	—	com	536252109
—	ShoreTel	17,500	$151K	0.0%	—	—	com	825211105
—	Wendy's International Inc.	13,800	$126K	0.0%	—	—	com	95058w100
—	Kofax Limited	13,900	$121K	0.0%	—	—	com	G5307C105
—	Xenacare Hldgs, Inc.	140,000	$1,000	0.0%	—	—	com	98401A106