Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ACN	ACCENTURE PLC	131,192	$15.14M	4.1%	$76.16	+15.2%	COM	G1151C101
—	BROADCOM LTD	90,427	$13.97M	3.8%	$154.50	—	COM	Y09827109
SAP	SAP SE	136,953	$11.01M	3.0%	$75.88	—	COM	803054204
—	TARO PHARMACEUTICL INDS LTD	73,926	$10.59M	2.9%	$128.84	—	COM	M8737E108
—	CHINA BIOLOGIC PRODUCTS INC	85,623	$9.802M	2.7%	$90.35	—	COM	16938C106
—	DELPHI AUTOMOTIVE PLC	128,095	$9.61M	2.6%	$77.69	—	COM	G27823106
—	WABCO HOLDINGS INC	89,019	$9.518M	2.6%	$114.91	—	COM	92927K102
LYB	LYONDELLBASELL INDUSTRIES NV	108,895	$9.319M	2.5%	$49.71	-7.9%	COM	N53745100
—	MARKIT LTD	256,300	$9.06M	2.5%	$28.83	—	COM	G58249106
—	SENSATA TECHNOLOGIES HLDG NV	197,806	$7.683M	2.1%	$46.79	—	COM	N7902X106
NTES	NETEASE INC	49,184	$7.062M	1.9%	$143.90	—	COM	64110W102
TSM	TAIWAN SEMICONDUCTOR MFG CO	266,889	$6.992M	1.9%	$22.24	—	COM	874039100
WPP	WPP PLC	40,276	$4.689M	1.3%	$108.52	—	COM	92937A102
BUD	ANHEUSER-BUSCH INBEV	37,420	$4.665M	1.3%	$106.84	—	COM	03524A108
—	CGI GROUP INC -CL A	93,305	$4.458M	1.2%	$36.28	—	COM	39945C109
—	BROOKFIELD ASSET MANAGEMENT	111,042	$3.863M	1.0%	$40.32	—	COM	112585104
AZO	AUTOZONE INC	4,755	$3.788M	1.0%	$680.93	+11.1%	COM	053332102
FISV	FISERV INC	36,858	$3.781M	1.0%	$32.63	+45.3%	COM	337738108
EFX	EQUIFAX INC	32,650	$3.732M	1.0%	$88.82	+7.9%	COM	294429105
DHR	DANAHER CORP	39,260	$3.724M	1.0%	$30.67	+18.9%	COM	235851102
OMC	OMNICOM GROUP	44,280	$3.685M	1.0%	$45.48	+18.2%	COM	681919106
UNH	UNITEDHEALTH GROUP INC	28,521	$3.676M	1.0%	$73.10	+38.0%	COM	91324P102
SPG	SIMON PROPERTY GROUP INC	17,626	$3.661M	1.0%	$102.54	+13.0%	COM	828806109
ROP	ROPER TECHNOLOGIES INC	18,989	$3.471M	0.9%	$149.30	+8.7%	COM	776696106
PEG	PUBLIC SERVICE ENTRP GRP INC	73,100	$3.446M	0.9%	$28.40	+6.2%	COM	744573106
BABA	ALIBABA GROUP HLDG	43,119	$3.408M	0.9%	$79.04	—	COM	01609W102
VRSK	VERISK ANALYTICS INC	42,609	$3.405M	0.9%	$69.57	+0.3%	COM	92345Y106
MA	MASTERCARD INC	35,915	$3.394M	0.9%	$78.90	+5.7%	COM	57636Q104
SWK	STANLEY BLACK & DECKER INC	31,534	$3.318M	0.9%	$78.58	-4.4%	COM	854502101
HSIC	SCHEIN (HENRY) INC	19,031	$3.285M	0.9%	$57.21	+9.1%	COM	806407102
—	VANTIV INC	60,599	$3.265M	0.9%	$53.88	—	COM	92210H105
LEA	LEAR CORP	28,746	$3.196M	0.9%	$87.18	+1.1%	COM	521865204
TM	TOYOTA MOTOR CORP	29,919	$3.181M	0.9%	$119.87	—	COM	892331307
JNJ	JOHNSON & JOHNSON	28,583	$3.093M	0.8%	$73.15	+7.7%	COM	478160104
SYK	STRYKER CORP	28,634	$3.072M	0.8%	$88.14	0.0%	COM	863667101
GD	GENERAL DYNAMICS CORP	23,195	$3.047M	0.8%	$90.04	+18.6%	COM	369550108
PFE	PFIZER INC	102,513	$3.038M	0.8%	$18.71	-0.2%	COM	717081103
DOX	AMDOCS	49,873	$3.013M	0.8%	$39.99	+16.2%	COM	G02602103
—	RELX NV	171,456	$3.006M	0.8%	$16.48	—	COM	75955B102
DIS	DISNEY (WALT) CO	29,987	$2.978M	0.8%	$83.17	+7.0%	COM	254687106
SIMO	SILICON MOTION TECH -ADR	75,939	$2.947M	0.8%	$28.42	—	COM	82706C108
CVS	CVS HEALTH CORP	28,267	$2.932M	0.8%	$65.79	+10.1%	COM	126650100
KEP	KEPCO-KOREA ELEC POWER CORP	112,610	$2.9M	0.8%	$21.17	—	COM	500631106
GILD	GILEAD SCIENCES INC	31,539	$2.897M	0.8%	$72.03	-11.9%	COM	375558103
MDT	MEDTRONIC PLC	37,498	$2.812M	0.8%	$57.64	+2.2%	COM	G5960L103
—	UNILEVER PLC	62,133	$2.807M	0.8%	$41.99	—	COM	904767704
MCO	MOODY`S CORP	28,480	$2.75M	0.7%	$77.00	+6.0%	COM	615369105
NVO	NOVO NORDISK A/S	50,473	$2.735M	0.7%	$56.90	—	COM	670100205
AAPL	APPLE INC	24,384	$2.658M	0.7%	$26.97	-16.4%	COM	037833100
CHKP	CHECK POINT SOFTWARE TECHN	30,204	$2.642M	0.7%	$82.76	-2.9%	COM	M22465104
—	EXPRESS SCRIPTS HOLDING CO	37,951	$2.607M	0.7%	$86.33	—	COM	30219G108
ICLR	ICON plc	34,420	$2.585M	0.7%	$64.98	+7.8%	COM	G4705A100
ABBNY	ABB LTD	127,782	$2.482M	0.7%	$19.47	—	COM	000375204
CHT	CHUNGHWA TELECOM LTD	73,221	$2.472M	0.7%	$33.76	—	COM	17133Q502
DEO	DIAGEO PLC	22,243	$2.399M	0.7%	$109.06	—	COM	25243Q205
BTI	BRITISH AMER TOBACCO PLC	20,474	$2.394M	0.6%	$112.76	—	COM	110448107
NTTYY	NIPPON TELEGRAPH & TELEPHONE	52,956	$2.29M	0.6%	$32.16	—	COM	654624105
—	BT GROUP PLC	70,070	$2.248M	0.6%	$44.74	—	COM	05577E101
RY	ROYAL BANK OF CANADA	38,515	$2.217M	0.6%	$51.83	0.0%	COM	780087102
TEVA	TEVA PHARMACEUTICALS	41,267	$2.208M	0.6%	$55.24	—	COM	881624209
CIGI	COLLIERS INTL GROUP INC	56,238	$2.129M	0.6%	$42.29	-14.8%	COM	194693107
IX	ORIX CORP	29,125	$2.079M	0.6%	$71.38	—	COM	686330101
HON	HONEYWELL INTERNATIONAL INC	17,000	$1.905M	0.5%	$72.17	+5.8%	COM	438516106
JKHY	HENRY (JACK) & ASSOCIATES	21,519	$1.82M	0.5%	$59.71	+19.4%	COM	426281101
UGI	UGI CORP	42,861	$1.727M	0.5%	$34.39	+5.4%	COM	902681105
FDS	FACTSET RESEARCH SYSTEMS INC	11,230	$1.702M	0.5%	$138.53	-2.8%	COM	303075105
IT	GARTNER INC	19,019	$1.699M	0.5%	$85.30	-0.9%	COM	366651107
SNPS	SYNOPSYS INC	35,034	$1.697M	0.5%	$48.10	-8.3%	COM	871607107
PEP	PEPSICO INC	16,552	$1.696M	0.5%	$67.69	+8.2%	COM	713448108
EG	EVEREST RE GROUP LTD	8,468	$1.672M	0.5%	$145.31	+3.3%	COM	G3223R108
—	AMSURG CORP	22,350	$1.667M	0.5%	$73.77	—	COM	03232P405
ECL	ECOLAB INC	14,800	$1.651M	0.4%	$98.12	-2.8%	COM	278865100
VRSN	VERISIGN INC	18,562	$1.643M	0.4%	$81.01	0.0%	COM	92343E102
V	VISA INC	21,001	$1.606M	0.4%	$65.46	+3.6%	COM	92826C839
BALL	BALL CORP	22,423	$1.599M	0.4%	$28.96	+6.1%	COM	058498106
CMCSA	COMCAST CORP	26,001	$1.588M	0.4%	$23.34	-2.5%	COM	20030N101
DLX	DELUXE CORP	25,246	$1.578M	0.4%	$37.93	-1.7%	COM	248019101
VZ	VERIZON COMMUNICATIONS INC	29,100	$1.574M	0.4%	$27.25	+10.2%	COM	92343V104
MSFT	MICROSOFT CORP	28,301	$1.563M	0.4%	$33.62	+37.0%	COM	594918104
CSCO	CISCO SYSTEMS INC	54,501	$1.552M	0.4%	$19.86	-4.6%	COM	17275R102
TXN	TEXAS INSTRUMENTS INC	27,000	$1.55M	0.4%	$37.15	+9.0%	COM	882508104
—	AVG TECHNOLOGIES NV	72,119	$1.496M	0.4%	$19.20	—	COM	N07831105
—	MCGRAW HILL FINANCIAL	14,600	$1.445M	0.4%	$97.90	—	COM	580645109
AME	AMETEK INC	28,631	$1.431M	0.4%	$50.18	-11.2%	COM	031100100
TRV	TRAVELERS COS INC	12,133	$1.416M	0.4%	$81.32	+8.0%	COM	89417E109
ORCL	ORACLE CORP	34,111	$1.395M	0.4%	$33.44	-4.4%	COM	68389X105
—	DUN & BRADSTREET CORP	13,514	$1.393M	0.4%	$112.43	—	COM	26483E100
DSGX	DESCARTES SYSTEMS GROUP INC	59,000	$1.151M	0.3%	$16.96	+3.6%	COM	249906108
WIT	WIPRO LTD	66,089	$831K	0.2%	$11.42	—	COM	97651M109
—	WNS (HOLDINGS) LTD -ADR	27,035	$828K	0.2%	$25.38	—	COM	92932M101
GGAL	GRUPO FINANCIERO GALICIA SA	28,839	$816K	0.2%	$28.30	—	COM	399909100
—	SCICLONE PHARMACEUTICALS INC	70,238	$773K	0.2%	$6.96	—	COM	80862K104
NHTC	NATURAL HEALTH TRENDS CORP	21,665	$718K	0.2%	$16.70	+62.6%	COM	63888P406
—	NEOPHOTONICS CORP	50,227	$705K	0.2%	$9.66	—	COM	64051T100
PLOW	DOUGLAS DYNAMICS INC	30,657	$702K	0.2%	$19.43	+3.4%	COM	25960R105
—	PERFICIENT INC	32,316	$702K	0.2%	$13.97	—	COM	71375U101
—	NV5 GLOBAL INC	25,313	$679K	0.2%	$23.69	—	COM	62945V109
KAI	KADANT INC	15,012	$678K	0.2%	$29.37	+24.7%	COM	48282T104
—	CHASE CORP	12,835	$675K	0.2%	$22.95	—	COM	16150R104
ABEV	AMBEV SA	129,231	$669K	0.2%	$5.46	—	COM	02319V103
WINA	WINMARK CORP	6,700	$656K	0.2%	$65.64	+45.5%	COM	974250102
HCKT	HACKETT GROUP INC	42,304	$640K	0.2%	$5.46	+161.7%	COM	404609109
INFY	INFOSYS LTD	33,309	$634K	0.2%	$24.72	—	COM	456788108
CBZ	CBIZ INC	60,558	$611K	0.2%	$8.55	+18.6%	COM	124805102
PETS	PETMED EXPRESS INC	33,915	$607K	0.2%	$16.78	+2.1%	COM	716382106
SYBT	STOCK YARDS BANCORP INC	15,508	$598K	0.2%	$23.74	+5.3%	COM	861025104
AGX	ARGAN INC	16,865	$593K	0.2%	$27.01	-9.1%	COM	04010E109
—	ZAGG INC	65,435	$590K	0.2%	$8.24	—	COM	98884U108
—	EMC INSURANCE GROUP INC	22,770	$584K	0.2%	$28.07	—	COM	268664109
FISI	FINANCIAL INSTITUTIONS INC	19,837	$577K	0.2%	$15.30	+17.5%	COM	317585404
DHX	DHI GROUP INC	71,405	$576K	0.2%	$8.65	-5.0%	COM	23331S100
FONR	FONAR CORP	36,870	$567K	0.2%	$11.61	+33.7%	COM	344437405
ADC	AGREE REALTY CORP	14,609	$562K	0.2%	$32.01	—	COM	008492100
—	NAUTILUS INC	29,014	$561K	0.2%	$16.99	—	COM	63910B102
CRWS	CROWN CRAFTS INC	60,625	$561K	0.2%	$3.78	+7.6%	COM	228309100
NPK	NATIONAL PRESTO INDS INC	6,704	$561K	0.2%	$69.07	+16.0%	COM	637215104
ARI	APOLLO COMMERCIAL RE FIN INC	34,224	$558K	0.2%	$16.09	—	COM	03762U105
—	GP STRATEGIES CORP	20,319	$557K	0.2%	$24.05	—	COM	36225V104
AHRT	ARMADA HOFFLER PROPERTIES	49,479	$557K	0.2%	$9.27	—	COM	04208T108
—	MAINSOURCE FINL GROUP INC	26,313	$555K	0.2%	$22.14	—	COM	56062Y102
USPH	U S PHYSICAL THERAPY INC	11,159	$555K	0.2%	$26.55	+87.2%	COM	90337L108
—	GIGOPTIX INC	205,018	$554K	0.2%	$2.59	—	COM	37517Y103
INFU	INFUSYSTEM HOLDINGS INC	157,517	$554K	0.2%	$2.97	+6.3%	COM	45685K102
—	LIONBRIDGE TECHNOLOGIES INC	108,550	$549K	0.1%	$5.66	—	COM	536252109
HIFS	HINGHAM INSTN FOR SAVINGS	4,603	$548K	0.1%	$85.25	+26.0%	COM	433323102
LARK	LANDMARK BANCORP INC/KS	21,466	$537K	0.1%	$17.87	+3.3%	COM	51504L107
WHG	WESTWOOD HOLDINGS GROUP INC	9,147	$536K	0.1%	$58.15	-13.3%	COM	961765104
UTMD	UTAH MEDICAL PRODUCTS INC	8,525	$533K	0.1%	$48.46	+21.7%	COM	917488108
EFSC	ENTERPRISE FINL SERVICES CP	19,709	$533K	0.1%	$20.00	+14.6%	COM	293712105
HNNA	HENNESSY ADVISORS INC	19,909	$532K	0.1%	$18.60	-3.4%	COM	425885100
—	REIS INC	22,524	$530K	0.1%	$19.24	—	COM	75936P105
—	PZENA INVESTMENT MANAGEMENT	70,130	$529K	0.1%	$10.11	—	COM	74731Q103
ASC	ARDMORE SHIPPING CORP	62,321	$527K	0.1%	$9.26	-21.8%	COM	Y0207T100
HCI	HCI GROUP INC	15,827	$527K	0.1%	$36.01	-9.6%	COM	40416E103
CPK	CHESAPEAKE UTILITIES CORP	8,254	$520K	0.1%	$30.82	+63.9%	COM	165303108
—	STONEGATE BANK/FL	17,109	$513K	0.1%	$29.80	—	COM	861811107
WTBA	WEST BANCORPORATION INC	27,924	$509K	0.1%	$17.47	+2.8%	COM	95123P106
—	ALMOST FAMILY INC	13,406	$499K	0.1%	$47.16	—	COM	020409108
WASH	WASHINGTON TR BANCORP INC	13,268	$495K	0.1%	$23.27	-3.1%	COM	940610108
OFLX	OMEGA FLEX INC	14,206	$494K	0.1%	$33.92	-5.5%	COM	682095104
—	NATIONAL SEC GROUP INC	32,774	$493K	0.1%	$13.09	—	COM	637546102
—	ACCESS NATIONAL CORP	24,808	$492K	0.1%	$21.60	—	COM	004337101
—	CPI CARD GROUP INC	59,628	$491K	0.1%	$8.23	—	COM	12634H101
—	MULTI-FINELINE ELECTRON INC	21,112	$490K	0.1%	$20.67	—	COM	62541B101
BMRC	BANK OF MARIN BANCORP	9,929	$489K	0.1%	$17.92	+3.3%	COM	063425102
LKFN	LAKELAND FINANCIAL CORP	10,589	$485K	0.1%	$18.91	+18.5%	COM	511656100
HRTG	HERITAGE INSURANCE HOLDINGS	30,215	$483K	0.1%	$21.29	-14.3%	COM	42727J102
PLUS	EPLUS INC	6,004	$483K	0.1%	$12.41	+66.2%	COM	294268107
SGC	SUPERIOR UNIFORM GROUP INC	27,022	$482K	0.1%	$12.97	+31.0%	COM	868358102
HDB	HDFC BANK LTD	7,722	$476K	0.1%	$50.76	—	COM	40415F101
—	NEW YORK MORTGAGE TRUST INC	100,145	$475K	0.1%	$7.11	—	COM	649604501
UVSP	UNIVEST CORP OF PENNSYLVANIA	24,312	$474K	0.1%	$19.86	-2.5%	COM	915271100
ALNT	ALLIED MOTION TECHNOLOGIES	26,361	$474K	0.1%	$13.61	-10.8%	COM	019330109
GBDC	GOLUB CAPITAL BDC INC	27,155	$470K	0.1%	$5.87	+12.1%	COM	38173M102
—	LHC GROUP INC	13,170	$468K	0.1%	$45.45	—	COM	50187A107
—	ENTERCOM COMMUNICATIONS CORP	44,034	$466K	0.1%	$11.07	—	COM	293639100
MLAB	MESA LABORATORIES INC	4,840	$466K	0.1%	$50.68	+70.5%	COM	59064R109
WSFS	WSFS FINANCIAL CORP	14,308	$465K	0.1%	$25.00	+20.9%	COM	929328102
—	FLY LEASING LTD -ADR	36,518	$464K	0.1%	$13.86	—	COM	34407D109
DHIL	DIAMOND HILL INVESTMENT GRP	2,614	$464K	0.1%	$104.29	-4.5%	COM	25264R207
—	NEENAH PAPER INC	7,222	$460K	0.1%	$31.79	—	COM	640079109
—	RPX CORP	40,818	$460K	0.1%	$16.00	—	COM	74972G103
CLMB	WAYSIDE TECHNOLOGY GROUP INC	26,724	$457K	0.1%	$10.77	+21.5%	COM	946760105
BCH	BANCO DE CHILE	6,957	$448K	0.1%	$64.40	—	COM	059520106
—	BRYN MAWR BANK CORP	17,424	$448K	0.1%	$30.03	—	COM	117665109
CHCO	CITY HOLDING CO	9,368	$448K	0.1%	$31.07	+6.2%	COM	177835105
LSAK	NET 1 UEPS TECHNOLOGIES INC	48,419	$445K	0.1%	$14.43	-30.1%	COM	64107N206
GLOB	GLOBANT SA	14,389	$444K	0.1%	$13.64	+121.0%	COM	L44385109
NATH	NATHAN`S FAMOUS INC	10,104	$441K	0.1%	$43.43	+11.9%	COM	632347100
ANIP	ANI PHARMACEUTICALS INC	13,005	$438K	0.1%	$55.48	-38.9%	COM	00182C103
—	AMERICAN SOFTWARE -CL A	48,424	$436K	0.1%	$10.10	—	COM	029683109
—	MEETME INC	149,158	$424K	0.1%	$2.84	—	COM	585141104
—	SL INDUSTRIES INC	12,458	$424K	0.1%	$25.14	—	COM	784413106
TCBK	TRICO BANCSHARES	16,421	$416K	0.1%	$25.72	-1.5%	COM	896095106
KFRC	KFORCE INC	20,534	$402K	0.1%	$15.82	+21.7%	COM	493732101
IRMD	IRADIMED CORP	21,007	$402K	0.1%	$17.49	0.0%	COM	46266A109
—	PENNS WOODS BANCORP INC	10,375	$400K	0.1%	$42.95	—	COM	708430103
UVE	UNIVERSAL INSURANCE HLDGS	22,375	$398K	0.1%	$7.72	+140.1%	COM	91359V107
—	BIOSPECIFICS TECHNOLOGIES CP	11,392	$397K	0.1%	$26.95	—	COM	090931106
UNTY	UNITY BANCORP INC	34,615	$394K	0.1%	$8.34	+4.1%	COM	913290102
NVMI	NOVA MEASURING INSTRUMENTS	37,019	$385K	0.1%	$10.28	-3.2%	COM	M7516K103
—	MULTI-COLOR CORP	7,155	$382K	0.1%	$34.12	—	COM	625383104
—	FEDERATED NATIONAL HLDG CO	19,334	$380K	0.1%	$18.32	—	COM	31422T101
GSBC	GREAT SOUTHERN BANCORP	9,906	$368K	0.1%	$40.06	-3.2%	COM	390905107
GTN	GRAY TELEVISION INC	31,177	$365K	0.1%	$11.11	+10.8%	COM	389375106
—	SPAN-AMERICA MEDICAL SYS INC	19,107	$363K	0.1%	$19.00	—	COM	846396109
TLK	TELEKOMUNIKASI INDONESIA	6,922	$352K	0.1%	$50.85	—	COM	715684106
MNDO	MIND CTI LTD	172,599	$349K	0.1%	$3.31	-30.4%	COM	M70240102
—	INUVO INC	188,592	$334K	0.1%	$3.03	—	COM	46122W204
TRNS	TRANSCAT INC	24,913	$253K	0.1%	$9.59	0.0%	COM	893529107
PUK	PRUDENTIAL PLC	5,700	$212K	0.1%	$47.72	—	COM	74435K204
—	GSI GROUP INC	10,500	$149K	0.0%	$14.19	—	COM	36191C205
UMC	UNITED MICROELECTRONICS CORP	13,600	$28,000	0.0%	$1.76	—	COM	910873405