Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MKL	MARKEL	7,497	$6.684M	3.4%	$540.41	+59.1%	COM	570535104
—	GENERAL ELECTRIC	191,215	$6.079M	3.1%	$23.84	—	COM	369604103
PRAA	PRA GROUP	203,284	$5.975M	3.0%	$55.75	-48.4%	COM	69354N106
CPRT	COPART	130,328	$5.313M	2.7%	$4.42	+4.4%	COM	217204106
—	BROADSOFT	126,970	$5.123M	2.6%	$33.04	—	COM	11133B409
—	MONMOUTH REAL ESTATE INVT	422,669	$5.026M	2.5%	$9.99	—	CL A	609720107
WHR	WHIRLPOOL	22,122	$3.989M	2.0%	$151.34	-1.5%	COM	963320106
TROW	PRICE T ROWE GROUP	53,891	$3.959M	2.0%	$51.85	-6.5%	COM	74144T108
JPM	JPMORGAN CHASE & CO	59,328	$3.513M	1.8%	$37.51	+19.6%	COM	46625H100
PRLB	PROTO LABS	42,881	$3.306M	1.7%	$64.84	-0.4%	COM	743713109
KMX	CARMAX	60,918	$3.113M	1.6%	$46.33	+1.9%	COM	143130102
CVX	CHEVRON	32,408	$3.092M	1.6%	$68.60	-16.3%	COM	166764100
HCSG	HEALTHCARE SVCS GRP	75,558	$2.781M	1.4%	$24.80	+40.1%	COM	421906108
XOM	EXXON MOBIL	32,327	$2.702M	1.4%	$53.78	-3.4%	COM	30231G102
BRK/B	BERKSHIRE HATHAWAY	18,950	$2.689M	1.4%	$127.18	+4.3%	CL B	084670702
GILD	GILEAD SCIENCES	28,786	$2.644M	1.3%	$46.74	+35.8%	COM	375558103
SYK	STRYKER	24,628	$2.642M	1.3%	$61.42	+43.5%	COM	863667101
V	VISA	32,113	$2.456M	1.2%	$57.26	+18.4%	CL A	92826C839
FISV	FISERV	23,828	$2.444M	1.2%	$24.45	+93.9%	COM	337738108
GNTX	GENTEX	154,665	$2.427M	1.2%	$13.56	+7.4%	COM	371901109
ISRG	INTUITIVE SURGICAL	3,996	$2.402M	1.2%	$50.67	+22.3%	COM	46120E602
D	DOMINION RESOURCES	30,882	$2.32M	1.2%	$35.35	+30.4%	COM	25746U109
COF	CAPITAL ONE FINANCIAL	32,734	$2.269M	1.1%	$49.56	+11.7%	COM	14040H105
—	LABORATORY CORP AMER HLDGS	19,116	$2.239M	1.1%	$117.13	—	COM	50540R409
AAP	ADVANCE AUTO PARTS	13,775	$2.209M	1.1%	$72.11	+82.6%	COM	00751Y106
VLO	VALERO ENERGY	34,326	$2.202M	1.1%	$34.20	+25.4%	COM	91913Y100
—	WALGREENS BOOTS ALLIANCE	26,107	$2.199M	1.1%	$76.18	—	COM	931427108
—	HANESBRANDS	75,700	$2.145M	1.1%	$38.61	—	COM	410345102
—	INOVALON HLDGS	114,966	$2.129M	1.1%	$20.67	—	CL A	45781D101
AAPL	APPLE	18,946	$2.065M	1.0%	$22.25	+1.4%	COM	037833100
HELE	HELEN OF TROY	19,825	$2.056M	1.0%	$76.44	+22.1%	COM	G4388N106
SYNA	SYNAPTICS	25,747	$2.053M	1.0%	$59.64	+27.2%	COM	87157D109
—	HCP	62,676	$2.042M	1.0%	$41.28	—	COM	40414L109
HOG	HARLEY DAVIDSON	38,985	$2.001M	1.0%	$53.13	-17.9%	COM	412822108
ECL	ECOLAB	17,930	$2M	1.0%	$75.36	+26.5%	COM	278865100
WKC	WORLD FUEL SERVICES	40,892	$1.987M	1.0%	$41.20	+4.1%	COM	981475106
—	KNIGHT TRANSPORTATION	75,633	$1.978M	1.0%	$21.03	—	COM	499064103
FAST	FASTENAL	39,408	$1.931M	1.0%	$8.62	-2.8%	COM	311900104
MDT	MEDTRONIC PLC	25,687	$1.927M	1.0%	$58.12	+1.3%	COM	G5960L103
—	CERNER	35,322	$1.871M	0.9%	$56.88	—	COM	156782104
CBRE	CBRE GROUP	63,324	$1.825M	0.9%	$27.51	0.0%	CL A	12504L109
T	AT&T	46,086	$1.805M	0.9%	$11.68	+18.5%	COM	00206R102
MMM	3M CO	10,813	$1.802M	0.9%	$61.26	+51.4%	COM	88579Y101
WSO	WATSCO	13,054	$1.759M	0.9%	$97.57	+24.3%	COM	942622200
LKQ	LKQ	54,113	$1.728M	0.9%	$26.07	-4.0%	COM	501889208
ENS	ENERSYS	30,907	$1.722M	0.9%	$53.98	-13.0%	COM	29275Y102
DLTR	DOLLAR TREE	20,667	$1.704M	0.9%	$70.11	+12.5%	COM	256746108
ORCL	ORACLE	41,374	$1.693M	0.9%	$27.57	+15.9%	COM	68389X105
CE	CELANESE	25,615	$1.678M	0.8%	$49.39	+3.8%	COM SER A	150870103
—	LINEAR TECHNOLOGY	35,932	$1.601M	0.8%	$37.15	—	COM	535678106
—	HERITAGE CRYSTAL CLEAN	153,766	$1.528M	0.8%	$13.10	—	COM	42726M106
INTU	INTUIT	14,026	$1.459M	0.7%	$89.54	0.0%	COM	461202103
TECH	BIO TECHNE	15,397	$1.455M	0.7%	$21.49	-3.7%	COM	09073M104
—	OAKTREE CAP GROUP	27,574	$1.36M	0.7%	$50.79	—	UNIT CL A	674001201
DCI	DONALDSON	42,023	$1.341M	0.7%	$30.58	-18.2%	COM	257651109
—	VERTEX ENERGY	685,460	$1.337M	0.7%	$3.39	—	COM	92534K107
DHR	DANAHER	14,059	$1.334M	0.7%	$34.88	+4.5%	COM	235851102
CMI	CUMMINS	11,860	$1.304M	0.7%	$82.43	-10.0%	COM	231021106
USB	US BANCORP	32,125	$1.304M	0.7%	$22.75	+22.2%	COM	902973304
—	CELGENE	12,956	$1.297M	0.7%	$100.11	—	COM	151020104
TOL	TOLL BROTHERS	43,568	$1.286M	0.6%	$33.65	-16.9%	COM	889478103
AMBA	AMBARELLA	28,362	$1.268M	0.6%	$56.06	-26.2%	SHS	G037AX101
GS	GOLDMAN SACHS GROUP	7,990	$1.254M	0.6%	$123.72	+2.0%	COM	38141G104
DRH	DIAMONDROCK HOSPITALITY	116,702	$1.181M	0.6%	$10.14	—	COM	252784301
—	VASCO DATA SECURITY	73,799	$1.137M	0.6%	$24.74	—	COM	92230Y104
VRSK	VERISK ANALYTICS	14,010	$1.12M	0.6%	$58.71	+18.9%	COM	92345Y106
—	SENSATA TECHNOLOGIES	28,444	$1.105M	0.6%	$38.85	—	COM	N7902X106
—	BEACON ROOFING SUPPLY	26,273	$1.077M	0.5%	$37.82	—	COM	073685109
TSCO	TRACTOR SUPPLY	11,563	$1.046M	0.5%	$12.40	+18.8%	COM	892356106
—	BAXALTA	25,800	$1.042M	0.5%	$31.74	—	COM	07177M103
—	MULTI COLOR CORP	19,346	$1.032M	0.5%	$41.17	—	COM	625383104
HUBG	HUB GROUP	24,002	$979K	0.5%	$18.92	-8.5%	CL A	443320106
—	US ECOLOGY	21,809	$963K	0.5%	$43.65	—	COM	91732J102
CF	CF INDUSTRIES	30,006	$940K	0.5%	$41.01	-39.7%	COM	125269100
SLB	SCHLUMBERGER	12,737	$939K	0.5%	$53.04	+0.2%	COM	806857108
JNJ	JOHNSON & JOHNSON	8,583	$929K	0.5%	$65.58	+20.1%	COM	478160104
AVD	AMERICAN VANGUARD	58,840	$928K	0.5%	$21.59	-41.9%	COM	030371108
GOOGL	ALPHABET	1,205	$919K	0.5%	$36.72	-0.5%	CL A	02079K305
AMZN	AMAZON	1,537	$912K	0.5%	$16.68	+70.2%	COM	023135106
MCD	MCDONALDS	7,209	$906K	0.5%	$71.81	+30.8%	COM	580135101
PG	PROCTER & GAMBLE	10,982	$904K	0.5%	$56.01	+10.1%	COM	742718109
SMG	SCOTTS MIRACLE GRO	12,159	$885K	0.4%	$44.95	+9.4%	CL A	810186106
NVO	NOVO-NORDISK	16,000	$867K	0.4%	$67.98	—	ADR	670100205
CHD	CHURCH & DWIGHT	9,400	$866K	0.4%	$26.34	+45.7%	COM	171340102
CSGP	COSTAR GROUP	4,586	$863K	0.4%	$16.72	+5.9%	COM	22160N109
—	MEDIVATION	18,735	$861K	0.4%	$42.52	—	COM	58501N101
—	MONOTYPE IMAGING HOLDINGS	34,960	$836K	0.4%	$24.65	—	COM	61022P100
BLKB	BLACKBAUD	13,217	$831K	0.4%	$37.72	+51.2%	COM	09227Q100
LOW	LOWES	10,565	$800K	0.4%	$33.59	+75.3%	COM	548661107
—	LAM RESEARCH	9,000	$743K	0.4%	$82.56	—	COM	512807108
PEP	PEPSICO	7,165	$734K	0.4%	$58.02	+26.3%	COM	713448108
INGN	INOGEN	16,094	$724K	0.4%	$39.59	-10.0%	COM	45780L104
—	IXYS	63,852	$716K	0.4%	$11.15	—	COM	46600W106
—	BARD C R	3,500	$709K	0.4%	$108.57	—	COM	067383109
EMR	EMERSON ELECTRIC	12,735	$693K	0.3%	$40.58	-7.9%	COM	291011104
ESLT	ELBIT SYS LTD	7,000	$657K	0.3%	$41.67	+84.0%	ORD	M3760D101
PPG	PPG INDS	5,800	$647K	0.3%	$78.15	+5.1%	COM	693506107
CGIP	CELADON GROUP	58,872	$617K	0.3%	$19.07	-53.3%	COM	150838100
—	ATRION	1,544	$610K	0.3%	$281.39	—	COM	049904105
EXAS	EXACT SCIENCES	85,522	$576K	0.3%	$14.43	-55.7%	COM	30063P105
IFF	INTERNATIONAL FLAVORS & FRAGRANCE	4,992	$568K	0.3%	$85.78	+2.3%	COM	459506101
PAYX	PAYCHEX	10,349	$559K	0.3%	$27.94	+34.1%	COM	704326107
SNA	SNAP ON	3,562	$559K	0.3%	$125.47	-3.6%	COM	833034101
ACNT	SYNALLOY	67,186	$532K	0.3%	$13.60	-45.3%	COM	871565107
BDX	BECTON DICKINSON	3,500	$531K	0.3%	$119.95	+1.9%	COM	075887109
—	ORBOTECH	22,000	$523K	0.3%	$15.59	—	COM	M75253100
PNC	PNC FINL SVCS GROUP	6,040	$511K	0.3%	$48.67	+27.3%	COM	693475105
FOXF	FOX FACTORY HLDG	31,136	$492K	0.2%	$15.64	-1.8%	COM	35138V102
EPAM	EPAM SYSTEMS	6,013	$449K	0.2%	$69.09	0.0%	COM	29414B104
MCO	MOODYS	4,610	$445K	0.2%	$81.59	0.0%	COM	615369105
SLAB	SILICON LABORATORIES	9,706	$436K	0.2%	$42.26	+1.8%	COM	826919102
—	STAMPS.COM	4,028	$428K	0.2%	$106.26	—	COM	852857200
TDY	TELEDYNE TECHNOLOGIES	4,630	$408K	0.2%	$88.61	-6.2%	COM	879360105
—	ICONIX BRAND GROUP	49,913	$402K	0.2%	$30.40	—	COM	451055107
MDLZ	MONDELEZ INTL	10,000	$401K	0.2%	$23.27	+39.3%	CL A	609207105
WT	WISDOMTREE INVESTMENTS	34,847	$398K	0.2%	$20.86	-42.5%	COM	97717P104
—	MTS SYSTEMS	6,119	$372K	0.2%	$64.12	—	COM	553777103
—	SOLAZYME	179,740	$365K	0.2%	$3.18	—	COM	83415T101
FOSL	FOSSIL GROUP	7,892	$351K	0.2%	$74.91	-47.3%	COM	34988V106
KHC	KRAFT HEINZ	4,159	$327K	0.2%	$47.14	+2.5%	COM	500754106
—	INTREXON	9,542	$323K	0.2%	$30.18	—	COM	46122T102
UPS	UNITED PARCEL SERVICE	3,027	$319K	0.2%	$55.63	+21.7%	CL B	911312106
—	ROYCE VALUE TRUST	27,027	$316K	0.2%	$15.16	—	COM	780910105
—	FOGO DE CHAO	20,254	$316K	0.2%	$15.19	—	COM	344177100
—	PORTFOLIO RECOVERY ASSOCS	377,000	$300K	0.2%	$0.80	—	NOTE 3.00% 8/0	73640QAB1
—	ARATANA THERAPEUTICS	53,472	$295K	0.1%	$5.52	—	COM	03874P101
—	HMS HOLDINGS	20,503	$294K	0.1%	$15.45	—	COM	40425J101
GOOG	ALPHABET	346	$258K	0.1%	$35.61	-0.2%	CL C	02079K107
—	LYON WILLIAM HOMES	17,527	$254K	0.1%	$24.93	—	CL A	552074700
SYY	SYSCO	5,350	$250K	0.1%	$24.49	+36.3%	COM	871829107
—	VASCULAR SOLUTIONS	7,652	$249K	0.1%	$34.29	—	COM	92231M109
—	BED BATH & BEYOND	5,000	$248K	0.1%	$70.97	—	COM	075896100
EQT	EQT CORP	3,600	$242K	0.1%	$29.44	0.0%	COM	26884L109
FLO	FLOWERS FOODS	13,000	$240K	0.1%	$13.43	-4.3%	COM	343498101
WMT	WAL-MART	3,408	$233K	0.1%	$19.77	-7.4%	COM	931142103
KO	COCA COLA CO	4,911	$228K	0.1%	$30.87	+3.1%	COM	191216100
—	CYTORI THERAPEUTICS	631,585	$135K	0.1%	$0.82	—	COM	23283K105