Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VIPS	Vipshop Holdings Ltd. ADS	80,193	$15.05M	3.7%	—	—	com	92763W103
SYNA	Synaptics, Inc.	160,781	$14.57M	3.6%	—	—	com	87157D109
VNET	21Vianet Group, Inc. - ADR	468,869	$14.05M	3.5%	—	—	com	90138A103
THRM	Gentherm, Inc.	311,081	$13.83M	3.4%	—	—	com	37253A103
—	Retailmenot, Inc.	482,159	$12.83M	3.2%	—	—	com	76132B106
MEI	Methode Electronics, Inc.	309,793	$11.84M	2.9%	—	—	com	591520200
LGND	Ligand Pharmaceuticals Cl B	176,837	$11.02M	2.7%	—	—	com	53220K504
GIII	G III Apparel Group Ltd.	130,369	$10.65M	2.6%	—	—	com	36237H101
—	Bonanza Creek Energy, Inc.	183,974	$10.52M	2.6%	—	—	com	097793103
—	500.COM	279,090	$10.33M	2.5%	—	—	com	33829R100
—	Interactive Intelligence Group	178,308	$10.01M	2.5%	—	—	com	45841V109
—	China Mobile Games & Entertain	588,262	$9.336M	2.3%	—	—	com	16952T100
—	Cardiovascular Systems, Inc.	290,186	$9.042M	2.2%	—	—	com	141619106
—	Logmein, Inc.	192,090	$8.955M	2.2%	—	—	com	54142L109
—	Montage Technology Group Ltd.	412,389	$8.532M	2.1%	—	—	com	G6209T105
—	Qihoo 360 Technology Co-ADR	90,900	$8.366M	2.1%	—	—	com	74734M109
—	NQ Mobile, Inc. - ADR	1,348,397	$8.279M	2.0%	—	—	com	64118U108
—	Bofi Holding, Inc.	109,113	$8.017M	2.0%	—	—	com	05566U108
—	Vince Holding Corp.	214,691	$7.862M	1.9%	—	—	com	92719W108
—	Callidus Software Inc.	630,789	$7.532M	1.9%	—	—	com	13123E500
MMS	Maximus, Inc.	169,820	$7.306M	1.8%	—	—	com	577933104
—	Skechers Usa, Inc.	153,853	$7.031M	1.7%	—	—	com	830566105
—	On Assignment, Inc.	194,124	$6.905M	1.7%	—	—	com	682159108
—	Multimedia Games	232,563	$6.893M	1.7%	—	—	com	625453105
EGBN	Eagle Bancorp, Inc.	197,578	$6.668M	1.6%	—	—	com	268948106
—	YY	82,800	$6.251M	1.5%	—	—	com	98426T106
—	Wageworks, Inc.	124,491	$6.002M	1.5%	—	—	com	930427109
—	PGT, Inc.	637,733	$5.402M	1.3%	—	—	com	69336V101
ATRO	Astronics Corp.	91,362	$5.157M	1.3%	—	—	com	046433108
—	Ikang Healthcare Group, Inc.	289,000	$5.011M	1.2%	—	—	com	45174l108
EGHT	8X8 Inc.	587,844	$4.75M	1.2%	—	—	com	282914100
MTRX	Matrix Service Co.	135,462	$4.442M	1.1%	—	—	com	576853105
—	Bitauto	91,000	$4.432M	1.1%	—	—	com	091727107
NTES	Netease.Com, Inc.	55,990	$4.387M	1.1%	—	—	com	64110W102
—	Tarena Internatinal, Inc.	326,700	$4.29M	1.1%	—	—	com	876108101
—	Chinacache International Spon	255,000	$3.988M	1.0%	—	—	com	16950M107
SHOO	Steven Madden Ltd.	109,310	$3.749M	0.9%	—	—	com	556269108
—	Pixelworks, Inc.	433,884	$3.285M	0.8%	—	—	com	72581M305
—	E-Commerce China Spon ADR	227,000	$3.037M	0.7%	—	—	com	26833A105
CPSS	Consumer Portfolio Services	388,562	$2.961M	0.7%	—	—	com	210502100
SILC	Silicom Ltd.	68,818	$2.887M	0.7%	—	—	com	M84116108
—	Jumei	103,500	$2.815M	0.7%	—	—	com	48138L107
—	China Distance Educ Hldgs Ltd.	157,600	$2.641M	0.7%	—	—	com	16944W104
CSIQ	Canadian Solar, Inc.	78,430	$2.452M	0.6%	—	—	com	136635109
—	Envestnet, Inc.	48,792	$2.387M	0.6%	—	—	com	29404K106
AMBA	Ambarella, Inc.	75,700	$2.36M	0.6%	—	—	com	G037AX101
—	China Ming Yang Wind Pow ADS	600,000	$2.058M	0.5%	—	—	com	16951c108
—	Kongzhong Corp. ADR	230,000	$1.996M	0.5%	—	—	com	50047P104
—	Ring Energy, Inc.	113,900	$1.988M	0.5%	—	—	com	76680v108
—	Sanchez Energy Corp.	52,300	$1.966M	0.5%	—	—	com	79970Y105
FANG	Diamondback Energy Inc.	22,100	$1.962M	0.5%	—	—	com	25278X109
EHTH	Ehealth, Inc.	50,200	$1.906M	0.5%	—	—	com	28238P109
—	US Silica Holdings, Inc.	34,200	$1.896M	0.5%	—	—	com	90346E103
MLCO	Melco Crown Entertainment ADR	51,000	$1.821M	0.4%	—	—	com	585464100
—	Dealertrack Technologies, Inc.	39,820	$1.805M	0.4%	—	—	com	242309102
—	Medidata Solutions, Inc.	36,164	$1.548M	0.4%	—	—	com	58471A105
—	Synchronoss Technologies Inc.	43,100	$1.507M	0.4%	—	—	com	87157B103
SSYS	Stratasys Ltd.	13,200	$1.5M	0.4%	—	—	com	M85548101
SPY	SPDR S&P 500 ETF Trust	7,600	$1.487M	0.4%	—	—	com	78462F103
—	Synergy Resources Corp.	109,400	$1.45M	0.4%	—	—	com	87164P103
—	Callon Petroleum Corp.	118,800	$1.384M	0.3%	—	—	com	13123X102
PMT	Pennymac Mortgage Investment	61,949	$1.359M	0.3%	—	—	com	70931T103
LOPE	Grand Canyon Education, Inc.	29,500	$1.356M	0.3%	—	—	com	38526M106
EGAN	eGain Corp.	196,310	$1.329M	0.3%	—	—	com	28225C806
—	Gulfport Energy Corp.	21,000	$1.319M	0.3%	—	—	com	402635304
ACIC	United Insurance Holdings Co.	75,950	$1.311M	0.3%	—	—	com	910710102
—	Federated National Holding C	51,200	$1.306M	0.3%	—	—	com	31422T101
—	Triangle Petroleum Corp.	110,700	$1.301M	0.3%	—	—	com	89600B201
DIOD	Diodes, Inc.	44,900	$1.3M	0.3%	—	—	com	254543101
ANIK	Anika Therapeutics, Inc.	27,600	$1.279M	0.3%	—	—	com	035255108
—	RPX Corporation	71,100	$1.262M	0.3%	—	—	com	74972G103
OMCL	Omnicell, Inc.	43,400	$1.246M	0.3%	—	—	com	68213N109
—	XOOM Corp.	42,100	$1.11M	0.3%	—	—	com	98419Q101
—	Super Micro Computer Inc.	43,300	$1.094M	0.3%	—	—	com	86800U104
—	Lannett Company, Inc.	20,500	$1.017M	0.3%	—	—	com	516012101
ACHC	Acadia Healthcare Co., Inc.	22,300	$1.015M	0.3%	—	—	com	00404A109
MXL	Maxlinear, Inc. Class A	98,300	$990K	0.2%	—	—	com	57776J100
—	Rignet, Inc.	18,100	$974K	0.2%	—	—	com	766582100
—	Youku Tudou, Inc.	40,000	$954K	0.2%	—	—	com	98742U100
—	Spectranetics Corp.	41,500	$950K	0.2%	—	—	com	84760c107
MMSI	Merit Medical System Inc	62,200	$939K	0.2%	—	—	com	589889104
—	Points International Ltd.	41,300	$937K	0.2%	—	—	com	730843208
—	Glu Mobile, Inc.	185,900	$930K	0.2%	—	—	com	379890106
IMMR	Immersion Corp Com	73,073	$929K	0.2%	—	—	com	452521107
—	Bridge Bancorp, Inc.	38,620	$926K	0.2%	—	—	com	108035106
—	Inventure Foods, Inc.	80,300	$905K	0.2%	—	—	com	461212102
WGO	Winnebago Industries, Inc.	35,600	$896K	0.2%	—	—	com	974637100
—	INPHI Corp.	60,100	$882K	0.2%	—	—	com	45772F107
—	Alliance Fiber Optic Products	47,600	$862K	0.2%	—	—	com	018680306
—	Financial Engines, Inc.	18,660	$845K	0.2%	—	—	com	317485100
—	Sequential Brands Group, Inc.	60,300	$833K	0.2%	—	—	com	817340201
—	Flotek Inds Inc.	25,300	$814K	0.2%	—	—	com	343389102
—	Rentrak Corp.	14,600	$766K	0.2%	—	—	com	760174102
—	Sunpower Corp.	18,000	$738K	0.2%	—	—	com	867652406
—	Attunity Ltd.	91,110	$708K	0.2%	—	—	com	M15332121
—	Centerstate Banks, Inc.	59,500	$666K	0.2%	—	—	com	15201P109
ATRC	Atricure, Inc.	36,200	$665K	0.2%	—	—	com	04963C209
EPM	Evolution Petroleum Corp.	60,050	$658K	0.2%	—	—	com	30049A107
ISSC	Innovative Solutions & Support	84,600	$629K	0.2%	—	—	com	45769N105
LSCC	Lattice Semiconductor Corporat	75,900	$626K	0.2%	—	—	com	518415104
—	AutoBytel	47,200	$619K	0.2%	—	—	com	05275n205
—	Superior Drilling Products	92,400	$602K	0.1%	—	—	com	868153107
STRT	Strattec Security Corp.	9,300	$600K	0.1%	—	—	com	863111100
—	Vascular Solutions	26,900	$597K	0.1%	—	—	com	92231m109
—	Sucampo Pharmaceuticals	80,700	$557K	0.1%	—	—	com	864909106
—	Elecsys Corp.	45,600	$551K	0.1%	—	—	com	28473M100
—	Pacific Premier Bancorp, Inc.	36,200	$510K	0.1%	—	—	com	69478X105
—	Incontact, Inc.	51,560	$474K	0.1%	—	—	com	45336E109
JNJ	Johnson & Johnson	3,974	$416K	0.1%	—	—	com	478160104
—	Westell Technologies Inc	164,600	$403K	0.1%	—	—	com	957541105
TRV	The Travelers Co., Inc.	3,980	$374K	0.1%	—	—	com	89417E109
MSFT	Microsoft Corp.	8,811	$367K	0.1%	—	—	com	594918104
AMGN	Amgen, Inc.	2,969	$351K	0.1%	—	—	com	031162100
—	Coupons.com, Inc.	13,300	$350K	0.1%	—	—	com	22265J102
JPM	JP Morgan Chase & Company Inc.	5,899	$340K	0.1%	—	—	com	46625H100
AAPL	Apple, Inc.	3,528	$328K	0.1%	—	—	com	037833100
—	Sevcon, Inc.	39,700	$326K	0.1%	—	—	com	81783K108
VZ	Verizon Communications	6,300	$308K	0.1%	—	—	com	92343V104
INTC	Intel Corporation	9,879	$305K	0.1%	—	—	com	458140100
—	IGI Laboratories, Inc.	56,300	$299K	0.1%	—	—	com	449575109
—	Web.com Group, Inc.	10,200	$294K	0.1%	—	—	com	94733A104
WMT	Wal Mart Stores Inc.	3,774	$283K	0.1%	—	—	com	931142103
ZBRA	Zebra Technologies Corp.-Cl A	3,400	$280K	0.1%	—	—	com	989207105
BHP	BHP Billiton Ltd. ADR	4,058	$278K	0.1%	—	—	com	088606108
—	Stamps.com, Inc.	8,200	$276K	0.1%	—	—	com	852857200
ALOT	Astro-Med Inc.	19,800	$269K	0.1%	—	—	com	04638F108
BK	Bank of New York Mellon Corp.	6,820	$256K	0.1%	—	—	com	064058100
WFC	Wells Fargo & Co.	4,579	$241K	0.1%	—	—	com	949746101
TM	Toyota Motor Corp. ADR	1,965	$235K	0.1%	—	—	com	892331307
—	Emc Corporation	8,917	$235K	0.1%	—	—	com	268648102
KMB	Kimberly Clark Corp.	2,061	$229K	0.1%	—	—	com	494368103
MA	Mastercard, Inc.	2,944	$216K	0.1%	—	—	com	57636Q104
XOM	Exxon Mobil Corp.	2,056	$207K	0.1%	—	—	com	30231G102
DXCM	Dexcom	5,200	$206K	0.1%	—	—	com	252131107
—	Lionbridge Technologies, Inc.	28,700	$170K	0.0%	—	—	com	536252109
—	ShoreTel	17,500	$114K	0.0%	—	—	com	825211105
—	Kofax Limited	11,600	$100K	0.0%	—	—	com	G5307C105
—	Xenacare Hldgs, Inc.	140,000	$0	0.0%	—	—	com	98401A106