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

OMB APPROVAL

OMB Number:		3235-0006
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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
Agilent Technologies Inc.	COM	00846U101	106,014	2,660,326	SH		DFND		2,660,326	0	0
American Airlines Group Inc.	COM	02376R102	116	2,830	SH		DFND		2,830	0	0
Apple Inc.	COM	037833100	9,929	91,104	SH		DFND		91,104	0	0
American Campus Communities, Inc.	COM	024835100	5,877	124,794	SH		DFND		124,794	0	0
Acadia Healthcare Company, Inc.	COM	00404A109	34,614	628,089	SH		DFND		606,639	0	21,450
Ares Commercial Real Estate	COM	04013V108	24,747	2,259,998	SH		DFND		2,257,268	0	2,730
iShares MSCI ACWI Index Fund	MSCI ACWI US ETF	464288257	210	3,739	SH		DFND		3,739	0	0
Adaptimmune Therapeutics PLC	SPONSORED ADR	00653A107	512	62,980	SH		DFND		62,980	0	0
Aetna Inc.	COM	00817Y108	259	2,305	SH		DFND		2,305	0	0
Aflac Inc.	COM	001055102	40,191	636,530	SH		DFND		636,530	0	0
Amtrust Financial Services Inc.	COM	032359309	29,265	1,130,811	SH		DFND		1,092,891	0	37,920
Allergan PLC	SHS	G0177J108	88,608	330,590	SH		DFND		330,590	0	0
American Capital Agency Corp	COM	02503X105	11,345	608,970	SH		DFND		608,970	0	0
Aimmune Therapeutics Inc.	COM	00900T107	11,281	831,940	SH		DFND		804,950	0	26,990
Assurant Inc.	COM	04621X108	47,115	610,699	SH		DFND		610,699	0	0
Akamai Technologies, Inc.	COM	00971T101	4,867	87,580	SH		DFND		87,580	0	0
Align Technology Inc.	COM	016255101	41,374	569,189	SH		DFND		569,189	0	0
Allison Transmission Holdings Inc.	COM	01973R101	13,027	482,830	SH		DFND		482,830	0	0
Ametek Inc.	COM	031100100	5,901	118,070	SH		DFND		118,070	0	0
Amedisys Inc.	COM	023436108	38,773	802,082	SH		DFND		775,562	0	26,520
Amgen, Inc.	COM	031162100	563	3,758	SH		DFND		3,758	0	0
Amazon.com, Inc.	COM	023135106	8,928	15,040	SH		DFND		15,040	0	0
Agogee Enterprises Inc.	COM	037598109	29,984	683,153	SH		DFND		660,203	0	22,950
Aramark	COM	03852U106	38,937	1,175,629	SH		DFND		1,175,629	0	0
Associated Banc Corp.	COM	045487105	64,485	3,594,494	SH		DFND		3,590,371	0	4,123
Ascendis Pharma A/S	SPONSORED ADR	04351P101	18,287	985,849	SH		DFND		952,732	0	33,117
Atmos Energy Corp	COM	049560105	15,579	209,786	SH		DFND		209,786	0	0
Atricure, Inc.	COM	04963C209	36,752	2,183,697	SH		DFND		2,110,128	0	73,569
Activision Blizzard, Inc.	COM	00507V109	13,802	407,866	SH		DFND		407,866	0	0
Avista Corp	COM	05379B107	27,245	668,100	SH		DFND		667,340	0	760
Broadcom Limited	SHS	Y09827109	22,118	143,159	SH		DFND		143,159	0	0
Avery Dennison Corp.	COM	053611109	19,098	264,848	SH		DFND		264,550	0	298
American Express Co.	COM	025816109	42,607	693,920	SH		DFND		693,920	0	0
Alibaba Group Holding Limited	SPONSORED ADS	01609W102	12,428	157,258	SH		DFND		157,258	0	0
Credicorp Ltd.	COM	G2519Y108	3,642	27,802	SH		DFND		27,802	0	0
Belden Inc.	COM	077454106	5,897	96,075	SH		DFND		95,985	0	90
Brandywine Realty Trust	SH BEN INT NEW	105368203	25,179	1,794,667	SH		DFND		1,792,657	0	2,010
Franklin Resources, Inc.	COM	354613101	22,899	586,412	SH		DFND		586,412	0	0
Baker Hughes Inc.	COM	057224107	28	630	SH		DFND		630	0	0
Baidu Inc.	SPON ADR REP A	056752108	3,178	16,649	SH		DFND		16,649	0	0
Black Knight Financial Services, Inc.	CL A	09214X100	85,231	2,746,736	SH		DFND		2,699,798	0	46,938
Black Hills Corp	COM	092113109	15,842	263,470	SH		DFND		263,170	0	300
Ball Corp	COM	058498106	21,155	296,747	SH		DFND		296,747	0	0
Bluebird Bio, Inc.	COM	09609G100	22,430	527,754	SH		DFND		513,739	0	14,015
BioMarin Pharmaceutical, Inc.	COM	09061G101	1,742	21,120	SH		DFND		21,120	0	0
Bristol-Myers Squibb Company	COM	110122108	33,601	526,000	SH		DFND		526,000	0	0
Benefitfocus Inc	COM	08180D106	37,528	1,125,278	SH		DFND		1,087,528	0	37,750
Bank of Nova Scotia	COM	064149107	431	6,786	SH		DFND		6,786	0	0
Blueprint Medicines Corporation	COM	09627Y109	14,213	787,401	SH		DFND		762,021	0	25,380
Banco Santander Chile	SP ADR REP COM	05965X109	2,219	114,701	SH		DFND		114,701	0	0
Burlington Stores Inc.	COM	122017106	49,332	877,167	SH		DFND		851,527	0	25,640
Caseys Gen Stores, Inc.	COM	147528103	41,081	362,523	SH		DFND		350,323	0	12,200
Cavium Inc.	COM	14964U108	74,293	1,214,730	SH		DFND		1,191,950	0	22,780
Chubb Corp	COM	H1467J104	29,869	250,680	SH		DFND		250,680	0	0
CBS Corp - Class B	CL B	124857202	2,731	49,566	SH		DFND		49,566	0	0
Crown Holdings, Inc.	COM	228368106	22,218	448,030	SH		DFND		448,030	0	0
Cadence Design Systems Inc.	COM	127387108	20,897	886,221	SH		DFND		886,221	0	0
Celgene Corp.	COM	151020104	11,115	111,048	SH		DFND		111,048	0	0
Conformis Inc.	COM	20717E101	17,061	1,587,029	SH		DFND		1,534,639	0	52,390
Check Point Software Technologies Ltd.	ORD	M22465104	23,045	263,461	SH		DFND		263,461	0	0
Chemtura Corporation	COM NEW	163893209	39,614	1,500,540	SH		DFND		1,450,217	0	50,323
Charter Communications Inc.	CL A NEW	16117M305	67,075	331,350	SH		DFND		331,350	0	0
Colgate-Palmolive Co.	COM	194162103	1,023	14,479	SH		DFND		14,479	0	0
Clean Harbors, Inc.	COM	184496107	80,608	1,633,723	SH		DFND		1,632,285	0	1,438
Mack Cali Realty Corp.	COM	554489104	28,521	1,213,641	SH		DFND		1,212,501	0	1,140
Comerica, Inc.	COM	200340107	29,403	776,415	SH		DFND		776,415	0	0
CME Group Inc.	COM	12572Q105	372	3,872	SH		DFND		3,872	0	0
Compass Minerals Intl, Inc.	COM	20451N101	17,203	242,781	SH		DFND		242,484	0	297
Canadian Natural Resources Ltd.	COM	136385101	333	9,559	SH		DFND		9,559	0	0
Coach Inc.	COM	189754104	5,646	140,825	SH		DFND		140,825	0	0
Columbia Bkg Sys Inc.	COM	197236102	18,886	631,226	SH		DFND		630,629	0	597
Conocophillips	COM	20825C104	16	400	SH		DFND		400	0	0
Calpine Corp.	COM	131347304	44,020	2,901,783	SH		DFND		2,899,394	0	2,389
Carter's, Inc.	COM	146229109	79,113	750,739	SH		DFND		738,289	0	12,450
Salesforce.com, Inc.	COM	79466L302	7,553	102,300	SH		DFND		102,300	0	0
Carrizo Oil & Gas, Inc.	COM	144577103	10,319	333,729	SH		DFND		322,629	0	11,100
Cisco Systems, Inc.	COM	17275R102	680	23,875	SH		DFND		23,875	0	0
Catalent Inc.	COM	148806102	3,125	117,160	SH		DFND		117,050	0	110
Cubesmart	COM	229663109	20,775	623,874	SH		DFND		623,874	0	0
Cenovus Energy, Inc.	COM	15135U109	14	1,110	SH		DFND		1,110	0	0
Commvault Systems, Inc.	COM	204166102	59,053	1,367,917	SH		DFND		1,366,477	0	1,440
CVS Health Corp.	COM	126650100	82,232	792,755	SH		DFND		792,755	0	0
Chevron Corp.	COM	166764100	70,779	741,923	SH		DFND		741,923	0	0
Cemex SAB DE	SPON ADR NEW	151290889	2,528	347,231	SH		DFND		347,231	0	0
Concho Resources, Inc.	COM	20605P101	18,144	179,570	SH		DFND		179,570	0	0
Celyad S.A.	ADR	151205200	14,453	330,206	SH		DFND		319,616	0	10,590
Dollar General Corp.	COM	256677105	52,563	614,050	SH		DFND		614,050	0	0
Dineequity Inc.	COM	254423106	55,253	591,388	SH		DFND		590,703	0	685
Walt Disney Co.	COM DISNEY	254687106	5,271	53,080	SH		DFND		53,080	0	0
Delphi Automotive PLC	SHS	G27823106	8,542	113,862	SH		DFND		113,862	0	0
Dollar Tree, Inc.	COM	256746108	14,721	178,519	SH		DFND		178,519	0	0
Pronai Therapeutics Inc.	COM	74346L101	6,607	980,303	SH		DFND		948,813	0	31,490
Masonite International Corp.	COM	575385109	52,365	799,472	SH		DFND		798,608	0	864
Dr Pepper Snapple Group Inc.	COM	26138E109	837	9,357	SH		DFND		9,357	0	0
Domino's Pizza, Inc.	COM	25754A201	13,498	102,366	SH		DFND		102,366	0	0
DTE Energy Co.	COM	233331107	14,222	156,875	SH		DFND		156,875	0	0
Demandware, Inc.	COM	24802Y105	875	22,380	SH		DFND		22,380	0	0
Dexcom, Inc.	COM	252131107	49,852	734,086	SH		DFND		719,321	0	14,765
Electronic Arts, Inc.	COM	285512109	17,351	262,450	SH		DFND		262,450	0	0
New Oriental Ed & Technology Group	SPON ADR	647581107	2,253	65,122	SH		DFND		65,122	0	0
Euronet Worldwide, Inc.	COM	298736109	124,052	1,673,889	SH		DFND		1,648,418	0	25,471
iShares MSCI Emerging Markets Index Fund	MSCI EMG MKT ETF	464287234	5,500	160,592	SH		DFND		160,592	0	0
iShares MSCI EAFE Index Fund	MSCI EAFE ETF	464287465	2,810	49,188	SH		DFND		49,188	0	0
Energen Corp.	COM	29265N108	30,043	821,083	SH		DFND		820,508	0	575
Edison International	COM	281020107	24,049	334,520	SH		DFND		334,520	0	0
The Estee Lauder Companies, Inc.	CL A	518439104	6,555	69,503	SH		DFND		69,503	0	0
Companhia Paranaense de Energia	SPON ADR PFD	20441B407	5,507	695,270	SH		DFND		695,270	0	0
Eastman Chemical Co.	COM	277432100	12,343	170,879	SH		DFND		170,879	0	0
Endo International PLC	SHS	G30401106	38,511	1,368,053	SH		DFND		1,368,053	0	0
Endurance Specialty Holdings Ltd.	SHS	G30397106	49,916	763,949	SH		DFND		763,949	0	0
Enersis S.A	SPONSORED ADR	29274F104	2,798	201,267	SH		DFND		201,267	0	0
EOG Resources, Inc.	COM	26875P101	40,932	563,959	SH		DFND		563,959	0	0
Enterprise Prods Partners LP	COM	293792107	20,131	817,670	SH		DFND		817,670	0	0
Equity Commonwealth	COM SH BEN INT	294628102	137,469	4,871,347	SH		DFND		4,871,347	0	0
Equinix, Inc.	COM PAR $0.001	29444U700	19,322	58,427	SH		DFND		58,427	0	0
EQT Corp	COM	26884L109	3,458	51,406	SH		DFND		51,406	0	0
Essent Group Ltd.	COM	G3198U102	55,946	2,689,712	SH		DFND		2,689,712	0	0
Eaton Corp PLC	SHS	G29183103	629	10,058	SH		DFND		10,058	0	0
Edwards Lifesciences Corp.	COM	28176E108	16,070	182,175	SH		DFND		182,175	0	0
Exar Corp.	COM	300645108	1,004	174,640	SH		DFND		174,640	0	0
Extra Space Storage Inc.	COM	30225T102	6,769	72,430	SH		DFND		72,430	0	0
First American Financial Corp.	COM	31847R102	58,459	1,533,942	SH		DFND		1,531,956	0	1,986
Diamondback Energy, Inc.	COM	25278X109	34,030	440,911	SH		DFND		432,251	0	8,660
Facebook, Inc.	CL A	30303M102	24,140	211,573	SH		DFND		211,573	0	0
Fortune Brands Home & Security, Inc.	COM	34964C106	39,242	700,256	SH		DFND		700,256	0	0
FedEx Corp.	COM	31428X106	6,203	38,120	SH		DFND		38,120	0	0
FEI Co.	COM	30241L109	7,109	79,870	SH		DFND		79,790	0	80
First Horizon National Corp.	COM	320517105	58,117	4,436,442	SH		DFND		4,431,567	0	4,875
Fidelity National Information Services, Inc.	COM	31620M106	44,657	705,372	SH		DFND		705,372	0	0
Five Below Inc.	COM	33829M101	31,026	750,519	SH		DFND		725,329	0	25,190
Fleetmatics Group PLC	COM	G35569105	19,618	481,885	SH		DFND		481,885	0	0
Fidelity National Financial, Inc.	FNF GROUP COM	31620R303	47,058	1,388,139	SH		DFND		1,388,139	0	0
Franco Nevada Corp	COM	351858105	25	409	SH		DFND		409	0	0
Amicus Therapeutics, Inc.	COM	03152W109	29,809	3,527,703	SH		DFND		3,412,610	0	115,093
Twenty-First Century Fox, Inc.	CL A	90130A101	51,145	1,834,459	SH		DFND		1,834,459	0	0
Five Prime Therapeutics, Inc.	COM	33830X104	24,157	594,550	SH		DFND		574,590	0	19,960
FTD Companies Inc.	COM	30281V108	32,249	1,228,547	SH		DFND		1,227,125	0	1,422
Genpact Limited	SHS	G3922B107	33,405	1,228,584	SH		DFND		1,228,584	0	0
GoDaddy Inc.	CL A	380237107	35,423	1,095,657	SH		DFND		1,095,657	0	0
General Electric Co.	COM	369604103	34,588	1,088,026	SH		DFND		1,088,026	0	0
Goldcorp Inc.	COM	380956409	6,521	401,802	SH		DFND		401,802	0	0
Grupo Financiero Galicia SA	SP ADR 10 SH B	399909100	4,193	148,147	SH		DFND		148,147	0	0
G-III Apparel Group Ltd.	COM	36237H101	55,605	1,137,343	SH		DFND		1,112,783	0	24,560
Gilead Sciences, Inc.	COM	375558103	13,880	151,102	SH		DFND		151,102	0	0
SPDR Gold Trust	GOLD SHS	78463V107	604	5,140	SH		DFND		5,140	0	0
Alphabet, Inc. Class C	CAP STK CL C	02079K107	20,755	27,861	SH		DFND		27,861	0	0
Alphabet, Inc. Class A	CAP STK CL A	02079K305	91,440	119,858	SH		DFND		119,858	0	0
Graphic Packaging Holding Company	COM	388689101	38,758	3,016,194	SH		DFND		3,016,194	0	0
Global Payments, Inc.	COM	37940X102	5,041	77,190	SH		DFND		77,190	0	0
Goldman Sachs Group, Inc.	COM	38141G104	244	1,557	SH		DFND		1,557	0	0
Hasbro, Inc.	COM	418056107	36,762	458,957	SH		DFND		458,957	0	0
Hancock Holding Company	COM	410120109	24,764	1,078,560	SH		DFND		1,077,428	0	1,132
The Home Depot, Inc.	COM	437076102	7,542	56,525	SH		DFND		56,525	0	0
HDFC Bank Ltd.	ADR REPS 3 SHS	40415F101	5,068	82,239	SH		DFND		82,239	0	0
HEICO Corp.	CL A	422806208	99,301	2,086,161	SH		DFND		2,043,053	0	43,108
Hollyfrontier Corp	COM	436106108	20	576	SH		DFND		576	0	0
Huntington Ingalls Inds Inc.	COM	446413106	13,010	95,008	SH		DFND		95,008	0	0
Himax Technologies Inc.	SPONSORED ADR	43289P106	1,488	132,340	SH		DFND		132,340	0	0
HMS Holdings Corp.	COM	40425J101	87,276	6,081,983	SH		DFND		6,075,572	0	6,411
Hologic Inc.	COM	436440101	31,899	924,598	SH		DFND		924,598	0	0
Block, H & R, Inc.	COM	093671105	32,245	1,220,481	SH		DFND		1,220,481	0	0
Harris Corp	COM	413875105	8,189	105,180	SH		DFND		105,180	0	0
Headwaters Incorporated	COM	42210P102	53,317	2,687,340	SH		DFND		2,626,096	0	61,244
Hexcel Corp.	COM	428291108	110,110	2,519,101	SH		DFND		2,473,288	0	45,813
Horizon Pharma PLC	SHS	G4617B105	24,077	1,453,024	SH		DFND		1,453,024	0	0
IntercontinentalExchange Group, Inc.	COM	45866F104	5,797	24,655	SH		DFND		24,655	0	0
Illumina, Inc.	COM	452327109	1,595	9,840	SH		DFND		9,840	0	0
IMAX Corp.	COM	45245E109	96,800	3,113,549	SH		DFND		3,051,679	0	61,870
Immune Design Corporation	COM	45252L103	15,463	1,189,472	SH		DFND		1,150,392	0	39,080
Imperva Inc.	COM	45321L100	1,867	36,980	SH		DFND		36,980	0	0
Intuit	COM	461202103	19,049	183,150	SH		DFND		183,150	0	0
Interxion Holding N.V	SHS	N47279109	24,622	712,030	SH		DFND		688,150	0	23,880
Inphi Corp	COM	45772F107	2,270	68,080	SH		DFND		68,080	0	0
Iron Mountain Inc.	COM	46284V101	51,596	1,521,552	SH		DFND		1,521,552	0	0
Jazz Pharmaceuticals PLC	SHS	G50871105	46,523	356,361	SH		DFND		356,361	0	0
John Bean Technologies Corp.	COM	477839104	50,990	903,924	SH		DFND		873,254	0	30,670
Johnson & Johnson	COM	478160104	909	8,397	SH		DFND		8,397	0	0
JPMorgan Chase & Co.	COM	46625H100	69,633	1,175,835	SH		DFND		1,175,835	0	0
Juno Therapeutics Inc.	COM	48205A109	3,380	88,728	SH		DFND		88,728	0	0
Kite Pharma Inc.	COM	49803L109	22,608	492,438	SH		DFND		478,238	0	14,200
Kimberly Clark Corp	COM	494368103	6,126	45,545	SH		DFND		45,545	0	0
Knoll, Inc.	COM NEW	498904200	18,390	849,418	SH		DFND		849,418	0	0
Knight Transportation Inc.	COM	499064103	18,686	714,570	SH		DFND		690,840	0	23,730
Kosmos Energy Ltd.	COM	G5315B107	13,949	2,396,750	SH		DFND		2,394,460	0	2,290
KT Corp	SPONSORED ADR	48268K101	332	24,770	SH		DFND		24,770	0	0
Quaker Chemical Corp.	COM	747316107	397	4,676	SH		DFND		4,676	0	0
Lithia Motors Inc.	CL A	536797103	43,190	494,566	SH		DFND		477,956	0	16,610
Lion Biotechnologies, Inc.	COM	53619R102	13,688	2,694,498	SH		DFND		2,607,108	0	87,390
Liberty Broadband Corp.	COM SER C	530307305	61,453	1,060,442	SH		DFND		1,060,442	0	0
Littelfuse, Inc.	COM	537008104	57,096	463,783	SH		DFND		453,063	0	10,720
Ligand Pharmaceuticals, Inc.	COM NEW	53220K504	97,724	912,545	SH		DFND		899,468	0	13,077
aTyr Pharma Inc.	COM	002120103	6,225	1,579,892	SH		DFND		1,528,922	0	50,970
Lumemtum Holdings Inc.	COM	55024U109	2,283	84,660	SH		DFND		84,660	0	0
Eli Lilly & Co.	COM	532457108	438	6,084	SH		DFND		6,084	0	0
Liberty Media Corp.	COM SER C	531229300	45,319	1,189,800	SH		DFND		1,189,800	0	0
Snyders-Lance Inc.	COM	833551104	64,641	2,053,394	SH		DFND		2,013,154	0	40,240
LogMeIn, Inc.	COM	54142L109	147,663	2,926,346	SH		DFND		2,866,566	0	59,780
Grand Canyon Ed Inc.	COM	38526M106	579	13,557	SH		DFND		13,100	0	457
Loxo Oncology Inc.	COM	548862101	38,466	1,406,966	SH		DFND		1,360,398	0	46,568
Lam Research Corp.	COM	512807108	23,205	280,935	SH		DFND		280,935	0	0
Lattice Semiconductor Corporation	COM	518415104	2,301	405,140	SH		DFND		405,140	0	0
Southwest Airlines Co.	COM	844741108	10,855	242,290	SH		DFND		242,290	0	0
Liberty Interactive Corp.	LBT VENT COM A	53071M880	121,730	3,111,697	SH		DFND		3,108,431	0	3,266
Lyondellbasell Industries NV	SHS - A -	N53745100	27,752	324,276	SH		DFND		324,276	0	0
MasterCard Incorporated	CL A	57636Q104	305	3,231	SH		DFND		3,231	0	0
McDonald's Corp.	COM	580135101	987	7,856	SH		DFND		7,856	0	0
MFC iShares MSCI China ETF	CHINA ETF	46429B671	292	6,860	SH		DFND		6,860	0	0
The Medicines Company	COM	584688105	41,548	1,307,762	SH		DFND		1,306,366	0	1,396
Mondelez International, Inc.	CL A	609207105	38,582	961,670	SH		DFND		961,670	0	0
Allscripts Healthcare Solutions, Inc.	COM	01988P108	37,869	2,866,712	SH		DFND		2,862,890	0	3,822
Metlife Inc.	COM	59156R108	268	6,100	SH		DFND		6,100	0	0
MFA Financial Inc.	COM	55272X102	11,416	1,666,560	SH		DFND		1,666,560	0	0
Magna International Inc.	COM	559222401	250	4,469	SH		DFND		4,469	0	0
Magellan Health, Inc.	COM	559079207	36,881	542,932	SH		DFND		542,212	0	720
Middleby Corp	COM	596278101	22,738	212,959	SH		DFND		212,959	0	0
Marketo Inc.	COM	57063L107	1,876	95,870	SH		DFND		95,870	0	0
MarketAxess Holdings, Inc.	COM	57060D108	36,190	289,917	SH		DFND		283,783	0	6,134
3M Co.	COM	88579Y101	794	4,765	SH		DFND		4,765	0	0
Monolithic Power Systems, Inc.	COM	609839105	133,399	2,096,154	SH		DFND		2,049,004	0	47,150
Marathon Oil Corp.	COM	565849106	141	12,701	SH		DFND		12,701	0	0
Microsoft Corp.	COM	594918104	102,134	1,849,241	SH		DFND		1,849,241	0	0
Madison Square Garden Co.	CL A	55825T103	16,080	96,660	SH		DFND		96,660	0	0
Matador Res Co.	COM	576485205	20	1,050	SH		DFND		1,050	0	0
ClubCorp Holdings, Inc.	COM	18948M108	25,206	1,795,288	SH		DFND		1,734,964	0	60,324
Myriad Genetics, Inc.	COM	62855J104	81,550	2,178,740	SH		DFND		2,131,889	0	46,851
Neurocrine Biosciences Inc.	COM	64125C109	439	11,090	SH		DFND		11,090	0	0
Noble Energy, Inc.	COM	655044105	51,707	1,646,195	SH		DFND		1,646,195	0	0
New Relic Inc.	COM	64829B100	856	32,840	SH		DFND		32,840	0	0
Nantkwest Inc	COM	63016Q102	9,151	1,113,237	SH		DFND		1,076,267	0	36,970
Nike Inc Class B	CL B	654106103	6,090	99,070	SH		DFND		99,070	0	0
Nielsen NV	COM	G6518L108	18,968	360,205	SH		DFND		360,205	0	0
Northstar Asset Management Group	COM	66705Y104	111	9,810	SH		DFND		9,810	0	0
Nanostring Technologies Inc.	COM	63009R109	412	27,050	SH		DFND		27,050	0	0
Netease Inc.	SPONSORED ADR	64110W102	2,266	15,781	SH		DFND		15,781	0	0
Nuvasive Inc	COM	670704105	50,193	1,031,723	SH		DFND		1,030,480	0	1,243
Northwestern Corp.	COM NEW	668074305	27,187	440,270	SH		DFND		439,800	0	470
NxStage Medical Inc.	COM	67072V103	47,644	3,178,407	SH		DFND		3,070,575	0	107,832
Owens Corning	COM	690742101	8,966	189,633	SH		DFND		189,633	0	0
Old Dominion Freight Line, Inc.	COM	679580100	22,467	322,714	SH		DFND		322,714	0	0
Ollies Bargain Outlet Holdings Inc.	COM	681116109	30,962	1,321,450	SH		DFND		1,277,120	0	44,330
Spark Therapeutics, Inc.	COM	84652J103	15,947	540,387	SH		DFND		522,737	0	17,650
Ooma Inc	COM	683416101	1,257	213,010	SH		DFND		213,010	0	0
Opower Inc.	COM	68375Y109	1,938	284,620	SH		DFND		284,620	0	0
Occidental Petroleum Corp	COM	674599105	23	335	SH		DFND		335	0	0
Pandora Media Inc.	COM	698354107	865	96,650	SH		DFND		96,650	0	0
Grupo Aeroportuario del Pacifico S.A.B. de C.V.	SPON ADR B	400506101	2,574	29,014	SH		DFND		29,014	0	0
Pampa Energia SA	SPONS ADR LVL I	697660207	2,154	100,456	SH		DFND		100,456	0	0
Palo Alto Networks Inc	COM	697435105	12,611	77,302	SH		DFND		77,302	0	0
Paycom Software Inc	COM	70432V102	27,365	768,668	SH		DFND		768,668	0	0
The Priceline Group Inc.	COM NEW	741503403	1,431	1,110	SH		DFND		1,110	0	0
Public Service Enterprise Group, Inc.	COM	744573106	702	14,890	SH		DFND		14,890	0	0
Penn National Gaming Inc.	COM	707569109	668	40,039	SH		DFND		38,690	0	1,349
Pinnacle Foods, Inc.	COM	72348P104	220,066	4,925,377	SH		DFND		4,863,307	0	62,070
Pfizer, Inc.	COM	717081103	48,757	1,644,965	SH		DFND		1,644,965	0	0
Performance Food Group Co	COM	71377A103	18,646	798,529	SH		DFND		797,699	0	830
Proofpoint, Inc.	COM	743424103	75,860	1,410,559	SH		DFND		1,364,519	0	46,040
Progressive Corp.	COM	743315103	155,159	4,415,441	SH		DFND		4,415,441	0	0
PHH Corp	COM NEW	693320202	955	76,159	SH		DFND		76,079	0	80
Premier, Inc.	CL A	74051N102	33,110	992,492	SH		DFND		992,492	0	0
Dave & Busters Entmt Inc.	COM	238337109	22,516	580,612	SH		DFND		580,612	0	0
Popeyes Louisiana Kitchen, Inc.	COM	732872106	45,615	876,198	SH		DFND		858,695	0	17,503
Pennymac Mortgage Investment Trust	COM	70931T103	12,840	941,318	SH		DFND		940,280	0	1,038
The PNC Financial Services Group, Inc.	COM	693475105	25,308	299,259	SH		DFND		299,259	0	0
PNM Res Inc.	COM	69349H107	23,709	703,120	SH		DFND		702,370	0	750
Primerica Inc	COM	74164M108	44,988	1,010,288	SH		DFND		1,008,998	0	1,290
Phillips 66	COM	718546104	294	3,398	SH		DFND		3,398	0	0
PrivateBancorp, Inc.	COM	742962103	45,152	1,169,750	SH		DFND		1,147,680	0	22,070
Praxair Inc.	COM	74005P104	8,873	77,524	SH		DFND		77,524	0	0
Qlik Technologies, Inc.	COM	74733T105	1,283	44,360	SH		DFND		44,360	0	0
Liberty Interactive Corp.	INT COM SER A	53071M104	124,044	4,912,617	SH		DFND		4,912,617	0	0
Ultragenyx Pharmaceutical, Inc.	COM	90400D108	25,992	410,548	SH		DFND		397,190	0	13,358
Rackspace Hosting, Inc.	COM	750086100	1,336	61,900	SH		DFND		61,900	0	0
Ritchie Bros. Auctioneers Incorporated	COM	767744105	93,468	3,451,561	SH		DFND		3,386,291	0	65,270
RPC Inc	COM	749660106	12,084	852,160	SH		DFND		851,380	0	780
Royal Gold, Inc.	COM	780287108	16	320	SH		DFND		320	0	0
Regenxbio Inc	COM	75901B107	10,567	978,403	SH		DFND		946,273	0	32,130
Raymond James Financial, Inc.	COM	754730109	13,060	274,309	SH		DFND		274,309	0	0
RingCentral, Inc.	CL A	76680R206	51,540	3,272,378	SH		DFND		3,164,212	0	108,166
Renasant Corp.	COM	75970E107	17,705	537,989	SH		DFND		537,409	0	580
Ross Stores, Inc.	COM	778296103	357	6,169	SH		DFND		6,169	0	0
RealPage, Inc.	COM	75606N109	16,299	782,107	SH		DFND		781,147	0	960
Range Resources Corp	COM	75281A109	22	690	SH		DFND		690	0	0
Red Robin Gourmet Burgers, Inc.	COM	75689M101	56,797	880,988	SH		DFND		851,423	0	29,565
Raytheon Co.	COM NEW	755111507	195	1,590	SH		DFND		1,590	0	0
Redwood Trust Inc	COM	758075402	15,396	1,177,070	SH		DFND		1,175,960	0	1,110
Ignyta, Inc.	COM	451731103	11,468	1,693,999	SH		DFND		1,639,132	0	54,867
Sage Therapeutics, Inc.	COM	78667J108	18,479	576,391	SH		DFND		557,057	0	19,334
Spirit Airlines Inc.	COM	848577102	33,137	690,639	SH		DFND		667,709	0	22,930
Signature Bank	COM	82669G104	4,463	32,785	SH		DFND		32,785	0	0
Starbucks Corporation	COM	855244109	6,470	108,375	SH		DFND		108,375	0	0
Southern Copper Corp	COM	84265V105	15	540	SH		DFND		540	0	0
Schwab Charles Corp	COM	808513105	4,170	148,840	SH		DFND		148,840	0	0
comScore, Inc.	COM	20564W105	27,621	919,486	SH		DFND		889,956	0	29,530
Sealed Air Corp.	COM	81211K100	137,123	2,856,143	SH		DFND		2,853,716	0	2,427
SEI Investments Co.	COM	784117103	23,588	547,910	SH		DFND		547,910	0	0
Madden Steven Ltd.	COM	556269108	37,824	1,021,161	SH		DFND		987,091	0	34,070
Signet Jewelers Ltd.	SHS	G81276100	8,001	64,505	SH		DFND		64,505	0	0
Sirius XM Holdings Inc.	COM	82968B103	59,845	15,150,710	SH		DFND		15,150,710	0	0
Six Flags Entertainment Corp.	COM	83001A102	56,248	1,013,653	SH		DFND		1,013,653	0	0
Smucker J M Co.	COM NEW	832696405	17,509	134,851	SH		DFND		134,851	0	0
Schlumberger Ltd.	COM	806857108	15,758	213,670	SH		DFND		213,670	0	0
Sun Life Finl Svcs Inc.	COM	866796105	387	9,228	SH		DFND		9,228	0	0
Synopsys, Inc.	COM	871607107	21,602	445,955	SH		DFND		445,955	0	0
Synovus Financial Corp.	COM	87161C501	45,229	1,564,472	SH		DFND		1,562,343	0	2,129
Sonic Corp	COM	835451105	59,669	1,697,060	SH		DFND		1,663,463	0	33,597
Simon Property Group, Inc.	COM	828806109	707	3,405	SH		DFND		3,405	0	0
Splunk Inc.	COM	848637104	1,780	36,380	SH		DFND		36,380	0	0
Stericycle Inc.	COM	858912108	12,169	96,430	SH		DFND		96,430	0	0
SS&C Technologies Holdings Inc	COM	78467J100	8,192	129,169	SH		DFND		129,169	0	0
Sovran Self Storage Inc.	COM	84610H108	38,128	323,257	SH		DFND		312,427	0	10,830
STERIS Corporation	COM	G84720104	84,043	1,182,867	SH		DFND		1,157,277	0	25,590
Questar Corp.	COM	748356102	13,968	563,209	SH		DFND		562,672	0	537
Suncor Energy Inc	COM	867224107	25	900	SH		DFND		900	0	0
Stillwater MNG Co.	COM	86074Q102	16,524	1,551,594	SH		DFND		1,550,199	0	1,395
Atlassian Corp PLC	CL A	G06242104	1,013	40,290	SH		DFND		40,290	0	0
Tarena Intl Inc.	ADR	876108101	188	17,397	SH		DFND		17,397	0	0
Gentherm Inc	COM	37253A103	19,307	464,233	SH		DFND		448,203	0	16,030
Treehouse Foods Inc.	COM	89469A104	29,697	342,330	SH		DFND		341,940	0	390
Interface, Inc.	COM	458665304	43,828	2,363,947	SH		DFND		2,284,433	0	79,514
The TJX Companies, Inc.	COM	872540109	726	9,261	SH		DFND		9,261	0	0
Torchmark Corp.	COM	891027104	24,738	456,765	SH		DFND		456,221	0	544
Tsakos Energy Navigation Limited	SHS	G9108L108	3,531	571,311	SH		DFND		571,311	0	0
Lendingtree, Inc.	COM	52603B107	81,864	837,230	SH		DFND		821,300	0	15,930
TransUnion	COM	89400J107	23,750	860,209	SH		DFND		860,209	0	0
Tractor Supply Co.	COM	892356106	9,746	107,740	SH		DFND		107,740	0	0
Tower Semiconductor Ltd.	SHS NEW	M87915274	68,607	5,660,677	SH		DFND		5,477,920	0	182,757
Tata Motors Ltd.	SPONSORED ADR	876568502	6,026	207,429	SH		DFND		207,429	0	0
Take-Two Interactive Software, Inc.	COM	874054109	59,373	1,576,147	SH		DFND		1,523,337	0	52,810
Tumi Holdings, Inc.	COM	89969Q104	18,097	674,775	SH		DFND		673,935	0	840
Twitter Inc.	COM	90184L102	895	54,050	SH		DFND		54,050	0	0
Texas Instruments, Inc.	COM	882508104	613	10,678	SH		DFND		10,678	0	0
UBS Group AG	SHS	H42097107	1,028	66,354	SH		DFND		66,354	0	0
Urban Edge PPTYS	COM	91704F104	10,610	410,590	SH		DFND		410,180	0	410
Universal Health Services, Inc.	COM	913903100	28,388	227,613	SH		DFND		227,613	0	0
Ulta Salon, Cosmetics & Fragrance, Inc.	COM	90384S303	54,048	278,972	SH		DFND		278,972	0	0
The Ultimate Software Group, Inc.	COM	90385D107	128,830	665,788	SH		DFND		651,935	0	13,853
UMB Financial Corp.	COM	902788108	55,144	1,068,055	SH		DFND		1,066,873	0	1,182
United Nat Foods Inc.	COM	911163103	37,307	925,736	SH		DFND		924,712	0	1,024
UnitedHealth Group Incorporated	COM	91324P102	29,015	225,100	SH		DFND		225,100	0	0
Union Pac Corp.	COM	907818108	11,880	149,340	SH		DFND		149,340	0	0
Visa, Inc.	COM CL A	92826C839	10,649	139,242	SH		DFND		139,242	0	0
Vale SA	ADR	91912E105	3,449	819,315	SH		DFND		819,315	0	0
Visteon Corp	COM NEW	92839U206	15,414	193,665	SH		DFND		193,665	0	0
Vermillion Energy Inc	COM	923725105	17	596	SH		DFND		596	0	0
Virtu Financial Inc. Class A	CL A	928254101	22,574	1,020,968	SH		DFND		986,698	0	34,270
Telefonica Brasil SA	SPONSORED ADR	87936R106	3,964	317,405	SH		DFND		317,405	0	0
Valero Energy Corp	COM	91913Y100	15	229	SH		DFND		229	0	0
Vantiv, Inc.	COM	92210H105	24,011	445,643	SH		DFND		445,643	0	0
Validus Holding Ltd.	COM SHS	G9319H102	48,781	1,033,705	SH		DFND		1,033,705	0	0
Verint System Inc	COM	92343X100	20,942	627,382	SH		DFND		626,712	0	670
Vital Therapies Inc.	COM	92847R104	21,205	2,337,952	SH		DFND		2,261,207	0	76,745
Verizon Communications Inc.	COM	92343V104	712	13,169	SH		DFND		13,169	0	0
Wabtec Corp	COM	929740108	22,700	286,296	SH		DFND		286,296	0	0
Western Alliance Bancorporation	COM	957638109	38,575	1,155,622	SH		DFND		1,117,382	0	38,240
Walgreens Boots Alliance Inc.	COM	931427108	432	5,131	SH		DFND		5,131	0	0
Wellcare Health Plans Inc.	COM	94946T106	22,307	240,510	SH		DFND		232,530	0	7,980
Waste Connections, Inc.	COM	941053100	73,990	1,145,532	SH		DFND		1,144,196	0	1,336
WEC Energy Group, Inc.	COM	92939U106	14,510	241,556	SH		DFND		241,556	0	0
Wendys Co.	COM	95058W100	19,055	1,749,730	SH		DFND		1,747,880	0	1,850
Wells Fargo & Co.	COM	949746101	36,648	757,809	SH		DFND		757,809	0	0
Whole Foods Market Inc.	COM	966837106	5,778	185,740	SH		DFND		185,740	0	0
Boingo Wireless, Inc.	COM	09739C102	3,271	423,720	SH		DFND		423,720	0	0
Wingstop Inc.	COM	974155103	29,080	1,282,203	SH		DFND		1,239,003	0	43,200
Westlake Chemical Corp.	COM	960413102	3,046	65,796	SH		DFND		65,796	0	0
Westrock Co.	COM	96145D105	9,725	249,158	SH		DFND		249,158	0	0
West Pharmaceutical Services, Inc.	COM	955306105	109,978	1,586,533	SH		DFND		1,553,567	0	32,966
Cimarex Energy Co.	COM	171798101	18	180	SH		DFND		180	0	0
Xcel Energy Inc.	COM	98389B100	14,540	347,670	SH		DFND		347,670	0	0
Intersect ENT, Inc.	COM	46071F103	22,591	1,188,998	SH		DFND		1,149,028	0	39,970
XL Group PLC	SHS	G98290102	35,055	952,570	SH		DFND		952,570	0	0
Exxon Mobil Corp	COM	30231G102	16,855	201,641	SH		DFND		201,641	0	0
YPF S.A.	SPON ADR CL D	984245100	3,069	171,638	SH		DFND		171,638	0	0
Zebra Technologies Corp	CL A	989207105	48,123	697,436	SH		DFND		682,336	0	15,100
Zions Bancorporation	COM	989701107	53,549	2,211,869	SH		DFND		2,211,869	0	0
Zeltiq Aesthetics, Inc.	COM	98933Q108	21,221	781,322	SH		DFND		754,942	0	26,380
Zynga Inc.	CL A	98986T108	1,432	628,210	SH		DFND		628,210	0	0