RS Investment Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Acadia Healthcare Co., Inc.	COM	00404A109	25,131	556,982	SH		DFND	1	519,682	0	37,300
Actavis PLC	SHS	G0083B108	193,426	939,682	SH		DFND	1	899,852	0	36,436
Acxiom Corp.	COM	005125109	65,604	1,907,356	SH		DFND	1	1,898,912	0	8,444
Advance Auto Parts, Inc.	COM	00751Y106	7,842	61,995	SH		DFND	1	61,995	0	0
Affiliated Managers Group, Inc.	COM	008252108	7,968	39,831	SH		DFND	1	39,831	0	0
Aflac, Inc.	COM	001055102	53,885	854,774	SH		DFND	1	854,774	0	0
Akamai Technologies, Inc.	COM	00971T101	11,619	199,600	SH		DFND	1	199,600	0	0
Alliance Data Systems Corp.	COM	018581108	4,810	17,654	SH		DFND	1	17,654	0	0
Allscripts Healthcare Solutions, Inc.	COM	01988P108	93,513	5,186,573	SH		DFND	1	5,144,723	0	21,112
Amazon.com, Inc.	COM	023135106	9,427	28,012	SH		DFND	1	28,012	0	0
Ambarella, Inc.	SHS	G037AX101	2,495	93,400	SH		DFND	1	93,400	0	0
Ambev S.A.	SPONSORED ADR	02319V103	11,558	1,559,772	SH		DFND	1	1,559,772	0	0
AMC Networks, Inc.	CL A	00164V103	29,308	400,990	SH		DFND	1	400,990	0	0
America Movil S.A.B de C.V.	SPON ADR A SHS	02364W105	3,999	201,179	SH		DFND	1	201,179	0	0
American Campus Communities, Inc.	COM	024835100	25,374	679,370	SH		DFND	1	679,370	0	0
Ameriprise Financial, Inc.	COM	03076C106	39,962	363,056	SH		DFND	1	334,081	0	28,975
AMETEK, Inc.	COM	031100100	7,172	139,289	SH		DFND	1	139,289	0	0
Amgen, Inc.	COM	031162100	474	3,840	SH		DFND	1	3,840	0	0
Amicus Therapeutics, Inc.	COM	03152W109	5,831	2,816,739	SH		DFND	1	2,599,419	0	217,320
AMN Healthcare Services, Inc.	COM	001744101	17,921	1,304,260	SH		DFND	1	1,215,623	0	88,637
AOL, Inc.	COM	00184X105	187,192	4,276,717	SH		DFND	1	4,193,219	0	83,498
Apple, Inc.	COM	037833100	449	836	SH		DFND	1	836	0	0
Applied Optoelectronics, Inc.	COM	03823U102	1,234	50,000	SH		DFND	1	50,000	0	0
Aratana Therapeutics, Inc.	COM	03874P101	10,744	578,900	SH		DFND	1	539,800	0	39,100
Ares Commercial Real Estate	COM	04013V108	21,114	1,574,530	SH		DFND	1	1,574,530	0	0
Aruba Networks, Inc.	COM	043176106	25,033	1,335,118	SH		DFND	1	1,253,129	0	81,989
Aspen Technology, Inc.	COM	045327103	15,904	375,449	SH		DFND	1	349,977	0	25,472
Associated Banc-Corp.	COM	045487105	93,334	5,167,989	SH		DFND	1	5,144,876	0	23,113
Atricure Inc.	COM	04963C209	11,484	610,500	SH		DFND	1	569,071	0	41,429
Avago Technologies Ltd.	SHS	Y0486S104	12,050	187,080	SH		DFND	1	187,080	0	0
Avery Dennison Corp.	COM	053611109	75,485	1,489,732	SH		DFND	1	1,483,292	0	6,440
Avis Budget Group, Inc.	COM	053774105	35,024	719,170	SH		DFND	1	660,970	0	58,200
B/E Aerospace, Inc.	COM	073302101	6,501	74,900	SH		DFND	1	74,900	0	0
Banner Corporation	COM NEW	06652V208	4,560	110,661	SH		DFND	1	110,161	0	500
Bazaarvoice, Inc.	COM	073271108	2,807	384,500	SH		DFND	1	384,500	0	0
Biogen Idec, Inc.	COM	09062X103	5,405	17,671	SH		DFND	1	17,671	0	0
Bluebird Bio, Inc.	COM	09609G100	8,175	359,500	SH		DFND	1	335,300	0	24,200
Bonanza Creek Energy, Inc.	COM	097793103	59,769	1,346,154	SH		DFND	1	990,204	0	355,950
Boston Private Financial Holdings, Inc.	COM	101119105	9,646	712,909	SH		DFND	1	709,843	0	3,066
BP PLC	SPONSORED ADR	055622104	1,814	37,705	SH		DFND	1	37,705	0	0
Bristow Group, Inc.	COM	110394103	69,335	918,103	SH		DFND	1	914,159	0	3,944
BroadSoft, Inc.	COM	11133B409	1,682	62,944	SH		DFND	1	62,944	0	0
Brunswick Corporation	COM	117043109	22,191	489,980	SH		DFND	1	489,980	0	0
Burlington Stores, Inc.	COM	122017106	18,860	638,879	SH		DFND	1	600,879	0	38,000
Cabela's, Inc.	COM	126804301	45,590	695,923	SH		DFND	1	675,743	0	20,180
Cabot Oil & Gas Corp.	COM	127097103	397,367	11,728,651	SH		DFND	1	11,428,503	0	300,148
Callidus Software, Inc.	COM	13123E500	1,758	140,400	SH		DFND	1	140,400	0	0
Calpine Corp.	COM	131347304	439,714	21,028,938	SH		DFND	1	20,436,165	0	581,493
Cantel Medical Corp.	COM	138098108	155	4,606	SH		DFND	1	4,606	0	0
Capella Education Co.	COM	139594105	58,847	931,859	SH		DFND	1	731,920	0	199,939
Capital One Financial Corp.	COM	14040H105	27,747	359,601	SH		DFND	1	359,601	0	0
Cardinal Health, Inc.	COM	14149Y108	29,273	418,304	SH		DFND	1	384,704	0	33,600
Carrizo Oil & Gas, Inc.	COM	144577103	66,597	1,245,742	SH		DFND	1	933,342	0	312,400
Castlight Health Inc.	CL B	14862Q100	221	10,400	SH		DFND	1	9,700	0	700
CBOE Holdings, Inc.	COM	12503M108	535	9,457	SH		DFND	1	9,457	0	0
CBRE Group, Inc.	CL A	12504L109	44,805	1,633,421	SH		DFND	1	1,499,178	0	134,243
Celgene Corp.	COM	151020104	5,664	40,572	SH		DFND	1	40,572	0	0
Cemex SAB De CV	SPON ADR NEW	151290889	22,003	1,742,100	SH		DFND	1	1,742,100	0	0
Cerner Corp.	COM	156782104	4,379	77,846	SH		DFND	1	77,846	0	0
Charles River Laboratories International Inc.	COM	159864107	39,060	647,325	SH		DFND	1	594,125	0	53,200
Chipotle Mexican Grill, Inc.	COM	169656105	4,901	8,627	SH		DFND	1	8,627	0	0
Ciena Corp.	COM	171779309	4,534	199,400	SH		DFND	1	199,400	0	0
Cisco Systems, Inc.	COM	17275R102	276	12,333	SH		DFND	1	12,333	0	0
Citigroup, Inc.	COM NEW	172967424	32,854	690,200	SH		DFND	1	690,200	0	0
Citrix Systems, Inc.	COM	177376100	2,200	38,300	SH		DFND	1	38,300	0	0
CLARCOR, Inc.	COM	179895107	3,631	63,319	SH		DFND	1	63,059	0	260
Clean Harbors, Inc.	COM	184496107	195,853	3,574,570	SH		DFND	1	3,288,687	0	275,140
CME Group, Inc.	COM	12572Q105	9,245	124,917	SH		DFND	1	124,917	0	0
Colgate-Palmolive Co.	COM	194162103	590	9,100	SH		DFND	1	9,100	0	0
Comcast Corp.	CL A SPL	20030N200	6,934	142,200	SH		DFND	1	142,200	0	0
Comerica, Inc.	COM	200340107	34,704	669,965	SH		DFND	1	615,965	0	54,000
Commvault Systems, Inc.	COM	204166102	2,065	31,800	SH		DFND	1	31,800	0	0
Compass Minerals International, Inc.	COM	20451N101	259,503	3,144,723	SH		DFND	1	3,065,545	0	79,178
Concho Resources, Inc.	COM	20605P101	356,177	2,907,567	SH		DFND	1	2,818,500	0	89,067
Constant Contact, Inc.	COM	210313102	2,245	91,800	SH		DFND	1	91,800	0	0
Constellation Brands, Inc.	CL A	21036P108	7,639	89,900	SH		DFND	1	89,900	0	0
Copa Holdings SA	CL A	P31076105	4,277	29,460	SH		DFND	1	29,460	0	0
Core Laboratories N.V.	COM	N22717107	6,936	34,955	SH		DFND	1	34,955	0	0
Costco Wholesale Corp.	COM	22160K105	4,710	42,178	SH		DFND	1	42,178	0	0
CR Bard, Inc.	COM	067383109	4,983	33,675	SH		DFND	1	33,675	0	0
Credicorp Ltd.	COM	G2519Y108	6,317	45,805	SH		DFND	1	45,805	0	0
Crown Holdings, Inc.	COM	228368106	57,751	1,290,810	SH		DFND	1	1,186,005	0	104,805
Ctrip.com International Ltd.	AMERICAN DEP SHS	22943F100	2,627	52,100	SH		DFND	1	52,100	0	0
Cubist Pharmaceuticals, Inc.	COM	229678107	36,929	504,845	SH		DFND	1	485,625	0	19,220
Cummins, Inc.	COM	231021106	54,571	366,275	SH		DFND	1	353,435	0	12,840
Customers Bancorp, Inc.	COM	23204G100	15,124	724,690	SH		DFND	1	675,790	0	48,900
CVS Caremark Corp.	COM	126650100	45,217	604,025	SH		DFND	1	604,025	0	0
Cyberonics, Inc.	COM	23251P102	82,636	1,266,459	SH		DFND	1	943,727	0	322,732
Cytec Industries, Inc.	COM	232820100	69,208	709,028	SH		DFND	1	677,818	0	31,210
Dana Holding Corp.	COM	235825205	156,739	6,736,439	SH		DFND	1	6,687,967	0	27,929
Danaher Corp.	COM	235851102	4,396	58,611	SH		DFND	1	58,611	0	0
Darling International, Inc.	COM	237266101	55,477	2,771,092	SH		DFND	1	2,606,682	0	164,410
Denbury Resources, Inc.	COM	247916208	301,844	18,405,105	SH		DFND	1	17,753,916	0	651,189
Dexcom, Inc.	COM	252131107	20,518	496,081	SH		DFND	1	459,606	0	36,475
Diamondback Energy, Inc.	COM	25278X109	7,042	104,618	SH		DFND	1	97,718	0	6,900
DIRECTV	COM	25490A309	56,185	735,260	SH		DFND	1	730,789	0	0
Discovery Communications, Inc.	COM SER C	25470F302	7,413	96,195	SH		DFND	1	96,195	0	0
Dolby Laboratories, Inc.	COM	25659T107	142,433	3,200,752	SH		DFND	1	3,088,614	0	112,138
Dollar General Corp.	COM	256677105	65,414	1,179,065	SH		DFND	1	1,170,469	0	0
Dollar Tree, Inc.	COM	256746108	51,607	989,012	SH		DFND	1	909,712	0	79,300
Domino's Pizza Inc.	COM	25754A201	555	7,210	SH		DFND	1	7,210	0	0
Dorman Products, Inc.	COM	258278100	48,423	819,889	SH		DFND	1	763,569	0	56,320
Drew Industries, Inc.	COM	26168L205	18,222	336,208	SH		DFND	1	313,708	0	22,500
Ecolab, Inc.	COM	278865100	3,956	36,637	SH		DFND	1	36,637	0	0
eHealth, Inc.	COM	28238P109	64,725	1,274,108	SH		DFND	1	1,274,108	0	0
Electronic Arts, Inc.	COM	285512109	212	7,325	SH		DFND	1	7,325	0	0
Electronics for Imaging, Inc.	COM	286082102	256	5,907	SH		DFND	1	5,907	0	0
Eli Lilly & Co.	COM	532457108	612	10,392	SH		DFND	1	10,392	0	0
Elizabeth Arden, Inc.	COM	28660G106	45,659	1,547,254	SH		DFND	1	1,540,532	0	6,722
Endocyte, Inc.	COM	29269A102	11,210	470,800	SH		DFND	1	438,700	0	32,100
Endurance International Group	COM	29272B105	2,620	201,400	SH		DFND	1	201,400	0	0
Endurance Specialty Holdings Ltd.	COM	G30397106	53,672	997,065	SH		DFND	1	997,065	0	0
Enersis S.A.	SPONSORED ADR	29274F104	5,077	326,934	SH		DFND	1	326,934	0	0
Envision Healthcare Holdings	COM	29413U103	2,351	69,500	SH		DFND	1	69,500	0	0
EOG Resources, Inc.	COM	26875P101	3,712	18,920	SH		DFND	1	18,920	0	0
EQT Corp.	COM	26884L109	14,039	144,775	SH		DFND	1	144,775	0	0
Euronet Worldwide, Inc.	COM	298736109	170,389	4,096,879	SH		DFND	1	3,639,685	0	457,194
ExamWorks Group, Inc.	COM	30066A105	43,004	1,228,332	SH		DFND	1	1,103,832	0	124,500
F5 Networks, Inc.	COM	315616102	11,739	110,087	SH		DFND	1	110,087	0	0
Fabrinet	SHS	G3323L100	4,218	203,100	SH		DFND	1	203,100	0	0
Facebook, Inc.	CL A	30303M102	18,108	300,600	SH		DFND	1	300,600	0	0
FEI Co.	COM	30241L109	16,065	155,938	SH		DFND	1	145,698	0	10,240
Fidelity National Financial, Inc.	CL A	31620R105	47,903	1,523,624	SH		DFND	1	1,399,881	0	123,743
Fidelity National Information Services	COM	31620M106	90,189	1,687,347	SH		DFND	1	1,612,897	0	74,450
Fifth Third Bancorp	COM	316773100	643	28,031	SH		DFND	1	28,031	0	0
Financial Engines, Inc.	COM	317485100	51,342	1,011,070	SH		DFND	1	799,080	0	211,990
Finisar Corp.	COM NEW	31787A507	93,682	3,533,846	SH		DFND	1	2,993,780	0	540,066
First American Financial Corp.	COM	31847R102	135,888	5,118,666	SH		DFND	1	5,076,548	0	20,979
First Horizon National Corp.	COM	320517105	155,722	12,619,933	SH		DFND	1	12,398,312	0	185,289
First Niagara Financial Group, Inc.	COM	33582V108	17,235	1,823,791	SH		DFND	1	1,815,987	0	7,804
First Republic Bank	COM	33616C100	1,442	26,700	SH		DFND	1	26,700	0	0
FirstMerit Corp.	COM	337915102	26,340	1,264,530	SH		DFND	1	1,259,121	0	5,409
Fleetcor Technologies, Inc.	COM	339041105	5,235	45,485	SH		DFND	1	45,485	0	0
Flowserve Corp.	COM	34354P105	7,223	92,200	SH		DFND	1	92,200	0	0
Fluidigm Corp.	COM	34385P108	13,622	309,100	SH		DFND	1	288,200	0	20,900
FTD Companies Inc.	COM	30281V108	72,723	2,286,161	SH		DFND	1	2,275,979	0	10,182
Fusion-io, Inc.	COM	36112J107	3,359	319,300	SH		DFND	1	319,300	0	0
FXCM, Inc.	COM CL A	302693106	13,097	886,700	SH		DFND	1	827,000	0	59,700
Gaming and Leisure Properties, Inc.	COM	36467J108	62,964	1,727,086	SH		DFND	1	1,707,452	0	0
Garmin Ltd.	SHS	G37260109	1,813	32,800	SH		DFND	1	32,800	0	0
General Motors Co.	COM	37045V100	43,204	1,255,200	SH		DFND	1	1,255,200	0	0
Gentex Corp.	COM	371901109	28,514	904,349	SH		DFND	1	904,349	0	0
Geospace Technologies Corp.	COM	37364X109	50,222	758,982	SH		DFND	1	520,767	0	238,215
G-III Apparel Group Ltd.	COM	36237H101	22,749	317,813	SH		DFND	1	296,313	0	21,500
Gilead Sciences, Inc.	COM	375558103	12,770	180,214	SH		DFND	1	180,214	0	0
Global Payments, Inc.	COM	37940X102	118,034	1,659,879	SH		DFND	1	1,630,245	0	29,634
Globus Medical, Inc.	CL A	379577208	64,015	2,407,467	SH		DFND	1	1,979,153	0	428,314
Glu Mobile, Inc.	COM	379890106	2,598	548,000	SH		DFND	1	548,000	0	0
GNC Holdings, Inc.	CL A	36191G107	54,745	1,243,648	SH		DFND	1	1,141,848	0	101,800
Goldcorp, Inc.	COM	380956409	352,763	14,410,251	SH		DFND	1	14,037,668	0	372,583
Google, Inc.	CL A	38259P508	28,085	25,199	SH		DFND	1	25,199	0	0
GrafTech International Ltd.	COM	384313102	101,577	9,301,913	SH		DFND	1	7,761,665	0	1,540,248
Gran Tierra Energy Inc	COM	38500T101	354	47,350	SH		DFND	1	47,350	0	0
Grand Canyon Education, Inc.	COM	38526M106	62,338	1,334,851	SH		DFND	1	1,046,641	0	288,210
Guidewire Software Inc.	COM	40171V100	2,663	54,300	SH		DFND	1	54,300	0	0
Hancock Holding Co.	COM	410120109	8,931	243,682	SH		DFND	1	242,722	0	960
Hanesbrands, Inc.	COM	410345102	21,913	286,513	SH		DFND	1	263,313	0	23,200
HDFC Bank Ltd.	ADR REPS 3 SHS	40415F101	5,515	134,419	SH		DFND	1	134,419	0	0
Healthways, Inc.	COM	422245100	29,844	1,741,167	SH		DFND	1	1,733,521	0	7,646
Heartland Payment Systems, Inc.	COM	42235N108	35,377	853,491	SH		DFND	1	731,312	0	122,179
HEICO Corp.	CL A	422806208	48,221	1,110,837	SH		DFND	1	1,033,005	0	77,832
Hertz Global Holdings, Inc.	COM	42805T105	32,988	1,238,300	SH		DFND	1	1,238,300	0	0
Hess Corp.	COM	42809H107	293	3,537	SH		DFND	1	3,537	0	0
Hexcel Corp.	COM	428291108	56,121	1,288,955	SH		DFND	1	1,209,662	0	79,293
Hillshire Brands Co.	COM	432589109	93,645	2,513,294	SH		DFND	1	2,502,202	0	11,092
HMS Holdings Corp.	COM	40425J101	111,092	5,831,793	SH		DFND	1	5,782,831	0	23,466
Horsehead Holding Corp.	COM	440694305	78,210	4,649,622	SH		DFND	1	4,612,610	0	19,009
HudBay Minerals, Inc.	COM	443628102	119,445	15,333,177	SH		DFND	1	14,938,286	0	394,891
Huntington Ingalls Industries, Inc.	COM	446413106	64,558	631,315	SH		DFND	1	628,511	0	2,804
Huron Consulting Group, Inc.	COM	447462102	67,912	1,071,498	SH		DFND	1	859,538	0	211,960
ICICI Bank Ltd.	ADR	45104G104	14,335	327,280	SH		DFND	1	327,280	0	0
Illumina, Inc.	COM	452327109	1,385	9,315	SH		DFND	1	9,315	0	0
Imax Corp.	COM	45245E109	82,725	3,026,895	SH		DFND	1	2,392,055	0	634,840
Impax Laboratories, Inc.	COM	45256B101	35,097	1,328,437	SH		DFND	1	1,322,610	0	5,827
Infinera Corporation	COM	45667G103	1,742	191,900	SH		DFND	1	191,900	0	0
Infoblox, Inc.	COM	45672H104	63,769	3,178,917	SH		DFND	1	2,617,118	0	561,799
Informatica Corp.	COM	45666Q102	1,863	49,300	SH		DFND	1	49,300	0	0
Infosys Technologies Ltd.	SPONSORED ADR	456788108	2,010	37,100	SH		DFND	1	37,100	0	0
ING US Inc.	COM	45685E106	18,028	497,050	SH		DFND	1	456,850	0	40,200
Integrated Device Technology, Inc.	COM	458118106	135,679	11,094,783	SH		DFND	1	11,014,647	0	46,097
Interactive Brokers Group, Inc.	COM	45841N107	69,433	3,204,118	SH		DFND	1	3,189,885	0	14,233
Intercept Pharmaceuticals Inc.	COM	45845P108	12,948	39,261	SH		DFND	1	36,450	0	2,811
IntercontinentalExchange Group, Inc.	COM	45866F104	6,794	34,341	SH		DFND	1	34,341	0	0
Intuitive Surgical, Inc.	COM NEW	46120E602	99,626	227,469	SH		DFND	1	216,156	0	10,321
InvenSense, Inc.	COM	46123D205	58,666	2,478,496	SH		DFND	1	2,056,506	0	421,990
Iron Mountain, Inc.	COM	462846106	104,815	3,802,027	SH		DFND	1	3,618,470	0	168,588
iShares MSCI ACWI Index Fund	ETF	464288257	457	7,856	SH		DFND	1	7,856	0	0
iShares MSCI EAFE Index Fund	ETF	464287465	4,263	63,467	SH		DFND	1	63,467	0	0
iShares MSCI Emerging Markets Index Fund	ETF	464287234	4,917	119,900	SH		DFND	1	119,900	0	0
iShares MSCI India Index Fund	ETF	46429B598	990	37,441	SH		DFND	1	37,441	0	0
ITT Corp.	COM	450911201	67,664	1,582,402	SH		DFND	1	1,575,340	0	7,062
J&J Snack Foods Corp.	COM	466032109	250	2,600	SH		DFND	1	2,600	0	0
JA Solar Holdings Co. Ltd.	SPON ADR REP5ORD	466090107	3,676	361,500	SH		DFND	1	361,500	0	0
Jazz Pharmaceuticals PLC	SHS	G50871105	33,984	245,052	SH		DFND	1	245,052	0	0
JDS Uniphase Corp.	COM PAR $0.001	46612J507	4,621	330,100	SH		DFND	1	330,100	0	0
Johnson & Johnson	COM	478160104	710	7,228	SH		DFND	1	7,228	0	0
Jones Lang LaSalle, Inc.	COM	48020Q107	80,109	676,029	SH		DFND	1	672,997	0	3,032
Joy Global, Inc.	COM	481165108	15,654	269,900	SH		DFND	1	269,900	0	0
JPMorgan Chase & Co.	COM	46625H100	63,578	1,047,324	SH		DFND	1	1,040,353	0	0
Keurig Green Mountain Inc.	COM	49271M100	7,362	69,725	SH		DFND	1	69,725	0	0
KeyCorp	COM	493267108	89,065	6,254,760	SH		DFND	1	6,031,161	0	191,795
Kinder Morgan Management LLC	SHS	49455U100	19,824	276,600	SH		DFND	1	276,600	0	0
Kosmos Energy Ltd.	SHS	G5315B107	117,722	10,702,024	SH		DFND	1	10,402,206	0	299,818
KYTHERA Biopharmaceuticals, Inc.	COM	501570105	11,479	288,700	SH		DFND	1	269,200	0	19,500
Laredo Petroleum, Inc.	COM	516806106	270,999	10,479,450	SH		DFND	1	10,240,523	0	238,927
Las Vegas Sands Corp.	COM	517834107	4,726	58,500	SH		DFND	1	58,500	0	0
Liberty Interactive Corp.	CL A	53071M104	221,285	7,665,138	SH		DFND	1	7,347,276	0	289,120
Ligand Pharmaceuticals, Inc.	COM NEW	53220K504	82,226	1,222,507	SH		DFND	1	1,006,250	0	216,257
LinkedIn Corp.	COM CL A	53578A108	129	697	SH		DFND	1	697	0	0
Littelfuse, Inc.	COM	537008104	65,237	696,681	SH		DFND	1	544,611	0	152,070
LKQ Corp.	COM	501889208	9,077	344,496	SH		DFND	1	344,496	0	0
Lockheed Martin Corp.	COM	539830109	15,851	97,100	SH		DFND	1	97,100	0	0
LogMeIn, Inc.	COM	54142L109	114,513	2,550,962	SH		DFND	1	2,107,023	0	443,939
Magellan Health Services, Inc.	COM	559079207	49,087	827,082	SH		DFND	1	823,469	0	3,613
Marathon Oil Corp.	COM	565849106	562	15,811	SH		DFND	1	15,811	0	0
MarketAxess Holdings, Inc.	COM	57060D108	48,381	816,963	SH		DFND	1	606,359	0	210,604
Masonite International Corp.	COM	575385109	48,715	861,905	SH		DFND	1	858,183	0	3,722
MasterCard, Inc.	CL A	57636Q104	1,771	23,710	SH		DFND	1	23,710	0	0
Matrix Service Company	COM	576853105	15,198	449,900	SH		DFND	1	419,500	0	30,400
Mavenir Systems, Inc.	COM	577675101	4,935	275,700	SH		DFND	1	275,700	0	0
Merck & Co., Inc.	COM	58933Y105	94,731	1,668,798	SH		DFND	1	1,660,375	0	0
Michael Kors Holdings Ltd.	SHS	G60754101	2,835	30,394	SH		DFND	1	30,394	0	0
Micrel, Inc.	COM	594793101	1,465	132,250	SH		DFND	1	132,250	0	0
Micron Technology, Inc.	COM	595112103	6,996	295,700	SH		DFND	1	295,700	0	0
Microsemi Corp.	COM	595137100	81,625	3,261,087	SH		DFND	1	2,821,402	0	439,685
Microsoft Corp.	COM	594918104	98,994	2,415,273	SH		DFND	1	2,403,204	0	0
Mondelez International, Inc.	CL A	609207105	51,767	1,498,330	SH		DFND	1	1,498,330	0	0
MoneyGram International, Inc.	COM	60935Y208	73,700	4,176,510	SH		DFND	1	4,136,116	0	15,878
Monolithic Power Systems, Inc.	COM	609839105	2,532	65,300	SH		DFND	1	65,300	0	0
MRC Global, Inc.	COM	55345K103	90,980	3,374,628	SH		DFND	1	3,314,060	0	60,568
Multimedia Games Holding Co., Inc.	COM	625453105	61,124	2,104,806	SH		DFND	1	1,598,798	0	506,008
Murphy Oil Corp.	COM	626717102	333	5,305	SH		DFND	1	5,305	0	0
Nanometrics, Inc.	COM	630077105	2,029	112,900	SH		DFND	1	112,900	0	0
NanoString Technologies, Inc.	COM	63009R109	4,616	223,547	SH		DFND	1	208,447	0	15,100
Navistar International Corp.	PFD SR D CONV	63934E108	65,738	1,940,893	SH		DFND	1	1,879,293	0	61,600
NetSuite, Inc.	COM	64118Q107	4,685	49,400	SH		DFND	1	49,400	0	0
New Gold, Inc.	COM	644535106	217,341	44,536,995	SH		DFND	1	43,459,297	0	1,077,698
Nielsen Holdings N.V.	COM	N63218106	2,370	53,100	SH		DFND	1	53,100	0	0
Noble Energy, Inc.	COM	655044105	270,321	3,805,197	SH		DFND	1	3,697,828	0	107,369
Norwegian Cruise Line Holdings	SHS	G66721104	30,826	955,242	SH		DFND	1	955,242	0	0
Novartis AG	SPONSORED ADR	66987V109	6,508	76,544	SH		DFND	1	76,544	0	0
NPS Pharmaceuticals, Inc.	COM	62936P103	45,776	1,529,445	SH		DFND	1	1,237,357	0	292,088
NVR, Inc.	COM	62944T105	35,833	31,241	SH		DFND	1	28,707	0	2,534
NXP Semiconductors N.V.	COM	N6596X109	7,592	129,100	SH		DFND	1	129,100	0	0
O2Micro International Ltd.	SPONS ADR	67107W100	795	242,312	SH		DFND	1	242,312	0	0
Oasis Petroleum, Inc.	COM	674215108	2,066	49,500	SH		DFND	1	49,500	0	0
Occidental Petroleum Corp.	COM	674599105	62,973	660,844	SH		DFND	1	656,399	0	0
Old Dominion Freight Line, Inc.	COM	679580100	56,111	988,906	SH		DFND	1	962,675	0	26,231
Olin Corp.	COM PAR $1	680665205	39,427	1,427,985	SH		DFND	1	1,421,928	0	6,057
OmniVision Technologies, Inc.	COM	682128103	2,446	138,173	SH		DFND	1	138,173	0	0
Orexigen Therapeutics, Inc.	COM	686164104	14,453	2,223,585	SH		DFND	1	2,072,285	0	151,300
Orient-Express Hotels Ltd.	CL A	G67743107	48,285	3,350,824	SH		DFND	1	2,513,594	0	837,230
Owens Corning	COM	690742101	38,577	893,599	SH		DFND	1	822,199	0	71,400
Pacira Pharmaceuticals, Inc.	COM	695127100	19,948	285,016	SH		DFND	1	265,716	0	19,300
Parker Hannifin Corp.	COM	701094104	37,449	312,830	SH		DFND	1	312,830	0	0
Performant Financial Corp.	COM	71377E105	49,014	5,415,023	SH		DFND	1	5,343,744	0	18,401
PerkinElmer, Inc.	COM	714046109	22,077	489,954	SH		DFND	1	489,954	0	0
Petroleo Brasileiro S.A.	SPONSORED ADR	71654V408	10,786	820,228	SH		DFND	1	820,228	0	0
Pfizer, Inc.	COM	717081103	66,815	2,080,155	SH		DFND	1	2,080,155	0	0
PHH Corp.	COM	693320202	63,799	2,469,477	SH		DFND	1	2,443,274	0	10,227
Phillips 66	COM	718546104	324	4,209	SH		DFND	1	4,209	0	0
Phoenix New Media Ltd.	SPONSORED ADS	71910C103	247	23,865	SH		DFND	1	23,865	0	0
Pioneer Natural Resources Co.	COM	723787107	2,271	12,136	SH		DFND	1	12,136	0	0
Portfolio Recovery Associates, Inc.	COM	73640Q105	80,530	1,391,807	SH		DFND	1	1,128,802	0	263,005
Praxair, Inc.	COM	74005P104	28,669	218,899	SH		DFND	1	218,899	0	0
Precision Castparts Corp.	COM	740189105	4,638	18,351	SH		DFND	1	18,351	0	0
Premier, Inc.	CL A	74051N102	19,116	580,148	SH		DFND	1	580,148	0	0
Priceline.com, Inc.	COM NEW	741503403	5,089	4,270	SH		DFND	1	4,270	0	0
Procera Networks, Inc.	COM	74269U203	3,668	353,000	SH		DFND	1	353,000	0	0
Proofpoint, Inc.	COM	743424103	41,121	1,108,985	SH		DFND	1	1,040,995	0	67,990
Protective Life Corporation	COM	743674103	28,756	546,790	SH		DFND	1	503,190	0	43,600
Prudential Financial, Inc.	COM	744320102	73,008	862,468	SH		DFND	1	862,468	0	0
PTC, Inc.	COM	69370C100	1,619	45,700	SH		DFND	1	45,700	0	0
Public Service Enterprise Group, Inc.	COM	744573106	572	15,000	SH		DFND	1	15,000	0	0
Qihoo 360 Technology Co. Ltd.	ADS	74734M109	1,951	19,590	SH		DFND	1	19,590	0	0
Qlik Technologies, Inc.	COM	74733T105	41,177	1,548,576	SH		DFND	1	1,320,816	0	227,760
Quaker Chemical Corp.	COM	747316107	50,151	636,193	SH		DFND	1	582,764	0	53,429
QUALCOMM, Inc.	COM	747525103	466	5,914	SH		DFND	1	5,914	0	0
Questar Corp.	COM	748356102	165,983	6,979,949	SH		DFND	1	6,774,814	0	205,135
Range Resources Corp.	COM	75281A109	239,065	2,881,344	SH		DFND	1	2,805,997	0	75,347
Raymond James Financial, Inc.	COM	754730109	43,154	771,564	SH		DFND	1	742,864	0	28,700
Receptos, Inc.	COM	756207106	13,828	329,702	SH		DFND	1	307,602	0	22,100
Red Hat, Inc.	COM	756577102	3,687	69,600	SH		DFND	1	69,600	0	0
Reinsurance Group of America, Inc.	COM NEW	759351604	15,163	190,417	SH		DFND	1	175,017	0	15,400
Restoration Hardware Holdings, Inc.	COM	761283100	62,911	854,879	SH		DFND	1	669,499	0	185,380
RetailMeNot, Inc.	COM SER 1	76132B106	2,573	80,400	SH		DFND	1	80,400	0	0
Revance Therapeutics, Inc.	COM	761330109	9,954	316,000	SH		DFND	1	295,100	0	20,900
RigNet, Inc.	COM	766582100	12,022	223,330	SH		DFND	1	207,102	0	16,228
RingCentral, Inc.	CL A	76680R206	25,134	1,388,600	SH		DFND	1	1,298,800	0	89,800
Robert Half International, Inc.	COM	770323103	4,098	97,688	SH		DFND	1	97,688	0	0
Rock-Tenn Co.	CL A	772739207	6,967	65,990	SH		DFND	1	65,990	0	0
Rosetta Resources, Inc.	COM	777779307	339,854	7,296,138	SH		DFND	1	7,131,569	0	164,569
Ross Stores, Inc.	COM	778296103	418	5,844	SH		DFND	1	5,844	0	0
Salesforce.com, Inc.	COM	79466L302	8,648	151,480	SH		DFND	1	151,480	0	0
Sanderson Farms Inc.	COM	800013104	275	3,500	SH		DFND	1	3,500	0	0
Schlumberger Ltd.	COM	806857108	4,036	41,400	SH		DFND	1	41,400	0	0
Sealed Air Corp.	COM	81211K100	57,745	1,756,765	SH		DFND	1	1,748,965	0	7,800
Seaworld Entertainment Inc.	COM	81282V100	113,962	3,769,871	SH		DFND	1	3,739,184	0	15,099
ShoreTel, Inc.	COM	825211105	2,730	317,500	SH		DFND	1	317,500	0	0
Shutterfly, Inc.	COM	82568P304	40,980	960,173	SH		DFND	1	762,523	0	197,650
Signature Bank	COM	82669G104	14,196	113,033	SH		DFND	1	105,399	0	7,634
Silicon Graphics International Corp.	COM	82706L108	22,017	1,792,950	SH		DFND	1	1,689,950	0	103,000
SK Telecom Co. Ltd.	SPONSORED ADR	78440P108	5,168	228,993	SH		DFND	1	228,993	0	0
Sociedad Quimica y Minera de Chile S.A.	SPON ADR SER B	833635105	471,501	14,855,093	SH		DFND	1	14,855,093	0	0
Solarwinds, Inc.	COM	83416B109	2,494	58,500	SH		DFND	1	58,500	0	0
Sonic Corp.	COM	835451105	21,327	935,800	SH		DFND	1	871,100	0	64,700
Soufun Holdings Ltd.	ADR	836034108	413	6,040	SH		DFND	1	6,040	0	0
Southern Copper Corp.	COM	84265V105	3,787	130,105	SH		DFND	1	130,105	0	0
Southwestern Energy Co.	COM	845467109	291,196	6,328,965	SH		DFND	1	6,139,137	0	189,828
Sprouts Farmers Markets, Inc.	COM	85208M102	1,910	53,000	SH		DFND	1	53,000	0	0
SPS Commerce, Inc.	COM	78463M107	23,885	388,686	SH		DFND	1	364,486	0	24,200
StanCorp Financial Group, Inc.	COM	852891100	110,862	1,659,604	SH		DFND	1	1,652,293	0	7,311
Starbucks Corp.	COM	855244109	4,278	58,300	SH		DFND	1	58,300	0	0
State Street Corp.	COM	857477103	31,905	458,733	SH		DFND	1	458,733	0	0
Steel Dynamics, Inc.	COM	858119100	29,840	1,677,349	SH		DFND	1	1,629,949	0	47,400
Steelcase, Inc.	CL A	858155203	27,149	1,634,469	SH		DFND	1	1,523,369	0	111,100
Stillwater Mining Co.	COM	86074Q102	23,872	1,611,900	SH		DFND	1	1,567,000	0	44,900
Surgical Care Affiliates, Inc.	COM	86881L106	14,391	468,000	SH		DFND	1	436,500	0	31,500
SVB Financial Group	COM	78486Q101	20,684	160,615	SH		DFND	1	154,665	0	5,950
Symantec Corp.	COM	871503108	50,362	2,521,871	SH		DFND	1	2,413,271	0	108,600
Symetra Financial Corp.	COM	87151Q106	30,585	1,543,114	SH		DFND	1	1,536,538	0	6,576
Synovus Financial Corp.	COM	87161C105	39,294	11,591,223	SH		DFND	1	11,541,358	0	49,865
Taseko Mines Ltd.	COM	876511106	56,173	28,514,432	SH		DFND	1	28,421,542	0	92,890
Tata Motors Ltd.	SPONSORED ADR	876568502	10,297	290,797	SH		DFND	1	290,797	0	0
Teledyne Technologies, Inc.	COM	879360105	61,413	630,975	SH		DFND	1	594,030	0	36,945
Ternium S.A.	SPON ADR	880890108	209	7,066	SH		DFND	1	7,066	0	0
Texas Instruments, Inc.	COM	882508104	401	8,500	SH		DFND	1	8,500	0	0
The Allstate Corp.	COM	020002101	48,242	852,630	SH		DFND	1	852,630	0	0
The Hain Celestial Group, Inc.	COM	405217100	61,868	676,378	SH		DFND	1	642,295	0	34,083
The Hershey Co.	COM	427866108	8,943	85,665	SH		DFND	1	85,665	0	0
The Home Depot, Inc.	COM	437076102	6,915	87,390	SH		DFND	1	87,390	0	0
The Interpublic Group of Companies, Inc.	COM	460690100	83,351	4,863,096	SH		DFND	1	4,631,045	0	211,300
The Medicines Co.	COM	584688105	14,885	523,764	SH		DFND	1	521,498	0	2,266
The Middleby Corp.	COM	596278101	47,391	179,369	SH		DFND	1	170,386	0	8,983
The Mosaic Co.	COM	61945C103	484,665	9,693,436	SH		DFND	1	9,415,804	0	269,615
The PNC Financial Services Group, Inc.	COM	693475105	28,945	332,700	SH		DFND	1	332,700	0	0
The Procter & Gamble Company	COM	742718109	356	4,414	SH		DFND	1	4,414	0	0
The TJX Companies, Inc.	COM	872540109	425	7,000	SH		DFND	1	7,000	0	0
The Ultimate Software Group, Inc.	COM	90385D107	50,101	365,701	SH		DFND	1	348,690	0	17,011
Torchmark Corp.	COM	891027104	109,812	1,395,319	SH		DFND	1	1,389,206	0	6,113
Tractor Supply Co.	COM	892356106	2,617	37,050	SH		DFND	1	37,050	0	0
TRW Automotive Holdings Corp.	COM	87264S106	59,908	733,989	SH		DFND	1	673,597	0	60,392
Tupperware Brands Corp.	COM	899896104	87,336	1,042,697	SH		DFND	1	1,038,202	0	4,495
Turquoise Hill Resources Ltd.	COM	900435108	433,224	130,097,386	SH		DFND	1	126,456,660	0	3,640,726
Twenty-First Century Fox, Inc.	CL A	90130A101	68,954	2,156,965	SH		DFND	1	2,144,150	0	0
Ubiquiti Networks, Inc.	COM	90347A100	17,823	391,963	SH		DFND	1	367,839	0	24,124
Ultragenyx Pharmaceutical, Inc.	COM	90400D108	8,756	179,100	SH		DFND	1	166,902	0	12,198
Ultrapar Participacoes S.A.	SP ADR REP COM	90400P101	6,249	259,416	SH		DFND	1	259,416	0	0
UMB Financial Corp.	COM	902788108	4,845	74,891	SH		DFND	1	74,591	0	300
United Rentals, Inc.	COM	911363109	5,981	63,000	SH		DFND	1	63,000	0	0
UnitedHealth Group, Inc.	COM	91324P102	37,185	453,530	SH		DFND	1	453,530	0	0
Universal Corp. VA	COM	913456109	204	3,654	SH		DFND	1	3,654	0	0
Vantiv, Inc.	CL A	92210H105	1,445	47,800	SH		DFND	1	47,800	0	0
Veeva Systems Inc.	CL A COM	922475108	788	29,500	SH		DFND	1	29,500	0	0
Verisk Analytics, Inc.	CL A	92345Y106	4,656	77,659	SH		DFND	1	77,659	0	0
Visa, Inc.	COM CL A	92826C839	4,265	19,759	SH		DFND	1	19,759	0	0
Vitamin Shoppe, Inc.	COM	92849E101	110,228	2,319,617	SH		DFND	1	2,015,332	0	304,285
VMware, Inc.	CL A COM	928563402	13,189	122,100	SH		DFND	1	122,100	0	0
WageWorks, Inc.	COM	930427109	36,390	648,540	SH		DFND	1	502,590	0	145,950
Walgreen Co.	COM	931422109	3,711	56,200	SH		DFND	1	56,200	0	0
Waste Connections, Inc.	COM	941053100	58,997	1,345,126	SH		DFND	1	1,339,150	0	5,976
Wells Fargo & Co.	COM	949746101	35,537	714,464	SH		DFND	1	714,464	0	0
West Pharmaceutical Services, Inc.	COM	955306105	38,621	876,759	SH		DFND	1	823,211	0	53,548
Western Digital Corp.	COM	958102105	5,831	63,500	SH		DFND	1	63,500	0	0
Westlake Chemical Corp.	COM	960413102	283	4,270	SH		DFND	1	4,270	0	0
WEX, Inc.	COM	96208T104	1,464	15,400	SH		DFND	1	15,400	0	0
WhiteWave Foods Co.	CL A	966244105	25,116	880,020	SH		DFND	1	825,420	0	54,600
William Lyon Homes	CL A NEW	552074700	20,600	746,105	SH		DFND	1	742,898	0	3,207
Williams-Sonoma, Inc.	COM	969904101	31,389	471,016	SH		DFND	1	471,016	0	0
Willis Group Holdings PLC	SHS	G96666105	29,234	662,452	SH		DFND	1	605,566	0	56,886
WisdomTree Investments, Inc.	COM	97717P104	42,033	3,203,738	SH		DFND	1	2,594,381	0	609,357
Wynn Resorts Ltd.	COM	983134107	8,742	39,354	SH		DFND	1	39,354	0	0
XL Group PLC	SHS	G98290102	56,749	1,816,241	SH		DFND	1	1,802,597	0	0
Yahoo! Inc.	COM	984332106	2,848	79,320	SH		DFND	1	79,320	0	0
Yandex NV	SHS CLASS A	N97284108	3,666	121,434	SH		DFND	1	121,434	0	0
YY Inc.	ADS REPCOM CLA	98426T106	4,840	63,382	SH		DFND	1	63,382	0	0
Zeltiq Aesthetics, Inc.	COM	98933Q108	22,853	1,165,400	SH		DFND	1	1,165,400	0	0
Zimmer Holdings, Inc.	COM	98956P102	5,968	63,100	SH		DFND	1	63,100	0	0
Zions Bancorporation	COM	989701107	21,012	678,250	SH		DFND	1	678,250	0	0
Zoetis, Inc.	COM	98978V103	77,777	2,687,539	SH		DFND	1	2,687,539	0	0