Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Manhattan Associates	1,335,792	$85.66M	7.1%	$64.13	—	COM	056275010
IDXX	IDEXX Laboratories	649,906	$60.35M	5.0%	$59.48	+44.4%	COM	45168D104
ICLR	ICON PLC	846,220	$59.24M	4.9%	$37.15	+84.8%	COM	G4705A100
—	Cognex	1,170,396	$50.44M	4.2%	$43.10	—	COM	019242210
—	ResMed	701,443	$44.35M	3.7%	$63.23	—	COM	076115210
—	FactSet Research System	236,815	$38.23M	3.2%	$161.42	—	COM	030307510
—	Gentex	2,366,096	$36.56M	3.0%	$15.45	—	COM	037190110
—	HMS Holdings	2,039,104	$35.91M	3.0%	$18.14	—	COM	40425J101
—	Hologic	1,030,685	$35.66M	2.9%	$34.60	—	COM	043644010
—	Illumina	240,885	$33.81M	2.8%	$140.38	—	COM	045232710
—	Jack Henry & Associates	380,668	$33.22M	2.7%	$87.27	—	COM	042628110
—	NICE	519,229	$33.15M	2.7%	$63.85	—	COM	065365610
—	SEI Investments	682,120	$32.82M	2.7%	$48.11	—	COM	078411710
—	Advisory Board	764,915	$27.07M	2.2%	$45.61	—	COM	00762W107
—	AeroVironment	876,503	$24.37M	2.0%	$27.80	—	COM	000807310
—	NuVasive Conv Sr Notes	16,635,000	$24.27M	2.0%	$0.99	—	CONV	670704AC9
—	Verint Systems	664,075	$22M	1.8%	$47.70	—	COM	92343x100
—	Mednax	302,220	$21.89M	1.8%	$69.87	—	COM	58502b106
—	LKQ	671,875	$21.3M	1.8%	$31.70	—	COM	050188920
—	Trimble Navigation	777,617	$18.94M	1.6%	$24.36	—	COM	089623910
—	ANSYS	204,542	$18.56M	1.5%	$82.02	—	COM	03662Q105
—	Albany Molecular Research	1,336,230	$17.96M	1.5%	$13.44	—	COM	001242310
—	Dorman Products	311,325	$17.81M	1.5%	$57.20	—	COM	025827810
—	Haemonetics	609,386	$17.67M	1.5%	$28.99	—	COM	040502410
—	Fortinet	553,510	$17.48M	1.4%	$31.59	—	COM	349590000
—	Cepheid	560,040	$17.22M	1.4%	$36.71	—	COM	15670R107
—	Morningstar	203,911	$16.68M	1.4%	$81.78	—	COM	061770010
—	Forrester Research	431,627	$15.91M	1.3%	$36.86	—	COM	034656310
—	Zebra Technologies	292,600	$14.66M	1.2%	$50.10	—	COM	098920710
—	Franklin Electric	437,810	$14.47M	1.2%	$33.05	—	COM	035351410
—	Cambrex	277,818	$14.37M	1.2%	$51.73	—	COM	013201110
—	Medidata Solutions	266,906	$12.51M	1.0%	$43.69	—	COM	58471A105
—	Fleetmatics Group	285,479	$12.37M	1.0%	$42.08	—	COM	G35569105
—	Charles River Labs	148,150	$12.21M	1.0%	$82.44	—	COM	015986410
IPGP	IPG Photonic	147,695	$11.82M	1.0%	$81.87	+7.4%	COM	44980X109
BLKB	Blackbaud	166,560	$11.31M	0.9%	$36.40	+69.6%	COM	09227Q100
CSGP	Costar Group	49,023	$10.72M	0.9%	$19.43	+1.8%	COM	22160N109
—	Healthways	901,595	$10.41M	0.9%	$11.55	—	COM	042224510
—	Huron Consulting Grp	156,981	$9.485M	0.8%	$60.42	—	COM	044746210
—	Ecolab	76,311	$9.05M	0.7%	$118.59	—	COM	027886510
—	Healthcare Services Grp	212,554	$8.795M	0.7%	$41.38	—	COM	042190610
—	Amgen	56,620	$8.615M	0.7%	$152.15	—	COM	003116210
—	Acxiom	388,500	$8.543M	0.7%	$21.99	—	COM	000512510
—	Fastenal	190,302	$8.448M	0.7%	$44.39	—	COM	031190010
—	ACI Worldwide	398,000	$7.765M	0.6%	$19.51	—	COM	000449810
—	Ritchie Bros. Auctioneers	204,375	$6.904M	0.6%	$33.78	—	COM	076774410
—	Autozone	8,311	$6.598M	0.5%	$793.89	—	COM	005333210
—	Albany Molecular Research Conv	6,400,000	$6.556M	0.5%	$1.27	—	CONV	012423AA7
—	Merit Medical Systems	298,500	$5.919M	0.5%	$19.83	—	COM	058988910
—	Celgene	58,219	$5.742M	0.5%	$98.63	—	COM	015102010
—	Gigamon	143,940	$5.382M	0.4%	$37.39	—	COM	37518B102
—	Proto Labs	89,878	$5.173M	0.4%	$57.56	—	COM	074371310
—	Expeditors Int'l Washington	104,590	$5.129M	0.4%	$49.04	—	COM	030213010
—	Paychex	83,151	$4.947M	0.4%	$59.49	—	COM	070432610
—	Home Depot	38,530	$4.92M	0.4%	$127.69	—	COM	043707610
—	IShares Global Tech	50,521	$4.917M	0.4%	$97.33	—	COM	046428729
GOOGL	Alphabet (googl)	6,358	$4.473M	0.4%	$36.72	-0.8%	COM	02079K305
—	Gilead Sciences	52,946	$4.417M	0.4%	$83.42	—	COM	037555810
—	Quaker Chemical	48,200	$4.299M	0.4%	$89.19	—	COM	074731610
—	WebMD Health Conv Sr Notes	3,555,000	$3.906M	0.3%	$0.93	—	CONV	94770VAF9
—	Forward Air	86,095	$3.834M	0.3%	$44.53	—	COM	034985310
—	Abaxis	80,000	$3.778M	0.3%	$47.23	—	COM	000256710
—	CEB	59,616	$3.677M	0.3%	$61.68	—	COM	012513410
—	Envestnet Conv Sr Unsecd Note	4,000,000	$3.61M	0.3%	$0.88	—	CONV	29404KAA4
—	Bed Bath & Beyond	81,190	$3.509M	0.3%	$43.22	—	COM	007589610
—	CommVault Systems	80,000	$3.455M	0.3%	$43.19	—	COM	020416610
—	Liberty Global Plc Ser C UK	117,706	$3.372M	0.3%	$40.71	—	COM	G5480u120
—	ComScore	131,408	$3.138M	0.3%	$28.91	—	COM	20564W105
ICFI	ICF International	70,600	$2.888M	0.2%	$33.47	+17.2%	COM	44925C103
—	F5 Networks	25,325	$2.883M	0.2%	$113.84	—	COM	031561610
—	Federal Realty Invt Tr	15,748	$2.607M	0.2%	$165.54	—	COM	031374720
—	National Instruments	78,490	$2.151M	0.2%	$27.40	—	COM	063651810
GOOG	Alphabet	3,032	$2.098M	0.2%	$35.61	+0.1%	COM	02079K107
—	Lindsay Manufacturing	30,090	$2.042M	0.2%	$67.86	—	COM	053555510
—	Dai-Ichi Life Insurance Co Ltd	1,800	$2.029M	0.2%	$1127.22	—	COM	JP3476480
—	Linear Tech	41,600	$1.936M	0.2%	$46.54	—	COM	053567810
—	Capella Education	32,555	$1.714M	0.1%	$52.65	—	COM	013959410
—	Computer Programs & Systems	42,070	$1.679M	0.1%	$39.91	—	COM	020530610
—	Cerner	26,750	$1.568M	0.1%	$58.62	—	COM	015678210
ANGO	AngioDynamics	84,000	$1.207M	0.1%	$10.64	+17.5%	COM	03475V101
—	Liberty Global Plc Cl A UK	38,030	$1.105M	0.1%	$42.36	—	COM	G5480u104
—	VCA Antech	15,400	$1.041M	0.1%	$67.60	—	COM	091819410
—	Aspen Technology	25,220	$1.015M	0.1%	$40.25	—	COM	004532710
—	Wright Medical Group N.V.	55,108	$957K	0.1%	$21.48	—	COM	N96617118
TECH	Bio Techne	7,865	$887K	0.1%	$21.31	+13.7%	COM	09073M104
—	Actuant	37,112	$839K	0.1%	$23.91	—	COM	00508X203
—	Meridian Bioscience	41,950	$818K	0.1%	$19.50	—	COM	058958410
—	Genesee & Wyoming Class A	10,800	$637K	0.1%	$58.98	—	COM	037155910
—	Bristol Myers	8,000	$588K	0.0%	$73.50	—	COM	011012210
—	Ishares China Large Cap ETF	12,495	$428K	0.0%	$34.25	—	COM	046428718
—	NuVasive	6,950	$415K	0.0%	$59.71	—	COM	067070410
XOM	Exxon Mobil	4,020	$377K	0.0%	$51.39	+12.6%	COM	30231G102
—	ID Systems	67,700	$326K	0.0%	$4.82	—	COM	044948910
—	Apple	3,343	$320K	0.0%	$95.72	—	COM	003783310
—	Liberty Lilac Group CL C UK	9,748	$317K	0.0%	$32.52	—	COM	g5480u153
—	General Electric	8,814	$277K	0.0%	$31.43	—	COM	036960410
—	Berkshire Hathaway New Cl B	1,791	$259K	0.0%	$144.61	—	COM	008467070
VZ	Verizon	4,614	$258K	0.0%	$26.92	+16.9%	COM	92343V104
T	AT & T	5,484	$237K	0.0%	$13.84	+9.2%	COM	00206R102
—	Schlumberger	2,778	$220K	0.0%	$79.19	—	COM	080685710
—	Pfizer	6,212	$219K	0.0%	$35.25	—	COM	071708110
—	Graham	11,460	$211K	0.0%	$18.41	—	COM	038455610
—	Johnson & Johnson	1,725	$209K	0.0%	$121.16	—	COM	047816010
—	IShares MSCI Emerging Markets	5,970	$205K	0.0%	$34.34	—	COM	046428723
POOL	Pool	2,150	$202K	0.0%	$80.47	0.0%	COM	73278L105
—	SITC International Holdings Co	19,000	$77,000	0.0%	$0.47	—	COM	KYG8187G1
—	Far East Horizon Ltd	11,000	$66,000	0.0%	$0.73	—	COM	HK0000077
—	Hanhua Finl Hldg	22,000	$20,000	0.0%	$0.91	—	COM	cne100001