Select Equity 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
AIRGAS INC ARG	COM	009363102	106,877,971	1,119,610	SH		SOLE		1,028,512	0	91,098
AIRGAS INC ARG	COM	009363102	29,389,079	307,868	SH		DFND	1	307,868	0	0
AMERICAN INTERNATIONAL GROUP	COM NEW	026874784	6,569,872	146,977	SH		SOLE		146,977	0	0
AMERICAN INTERNATIONAL GROUP	COM NEW	026874784	2,575,927	57,627	SH		DFND	1	57,627	0	0
AMETEK INC. AME	COM	031100100	74,047,419	1,750,530	SH		SOLE		1,611,697	0	138,833
AMETEK INC. AME	COM	031100100	19,510,917	461,251	SH		DFND	1	461,251	0	0
AMPHENOL CORPORATION	CL A	032095101	133,158,308	1,708,472	SH		SOLE		1,567,549	0	140,923
AMPHENOL CORPORATION	CL A	032095101	37,269,193	478,178	SH		DFND	1	478,178	0	0
AXIALL CORP AXLL	COM	05463D100	11,340,928	266,344	SH		SOLE		241,824	0	24,520
AXIALL CORP AXLL	COM	05463D100	11,564,089	271,585	SH		DFND	1	271,585	0	0
BERRY PLASTICS GROUP INC BER	COM	08579W103	64,952,805	2,943,036	SH		SOLE		2,766,161	0	176,875
BERRY PLASTICS GROUP INC BER	COM	08579W103	42,544,935	1,927,727	SH		DFND	1	1,927,727	0	0
BLACKHAWK NETWORK HOLDINGS I	CL A AD	09238E104	2,574,156	110,955	SH		SOLE		110,955	0	0
BLACKHAWK NETWORK HOLDINGS I	CL A AD	09238E104	2,802,328	120,790	SH		DFND	1	120,790	0	0
BLACKSTONE GROUP THE	COM UNIT LTD	09253U108	56,918,651	2,702,690	SH		SOLE		2,702,690	0	0
BLACKSTONE GROUP THE	COM UNIT LTD	09253U108	16,679,520	792,000	SH	Call	SOLE		738,000	0	54,000
BLACKSTONE GROUP THE	COM UNIT LTD	09253U108	39,771,810	1,888,500	SH	Call	SOLE		1,888,500	0	0
BLACKSTONE GROUP THE	COM UNIT LTD	09253U108	11,382,930	540,500	SH	Call	DFND	1	540,500	0	0
BLACKSTONE GROUP THE	COM UNIT LTD	09253U108	33,748,650	1,602,500	SH	Call	DFND	1	1,602,500	0	0
BLOUNT INTERNATIONAL BLT	COM	095180105	13,994,419	1,183,961	SH		SOLE		1,086,494	0	97,467
BLOUNT INTERNATIONAL BLT	COM	095180105	3,852,954	325,969	SH		DFND	1	325,969	0	0
BROOKDALE SR LIVING INC BKD	COM	112463104	7,945,061	300,494	SH		SOLE		286,229	0	14,265
BROOKDALE SR LIVING INC BKD	COM	112463104	4,107,903	155,367	SH		DFND	1	155,367	0	0
BROOKFIELD ASSET MANAGEMENT	CL A LTD VT SH	112585104	144,005,403	3,997,929	SH		SOLE		3,682,209	0	315,720
BROOKFIELD ASSET MANAGEMENT	CL A LTD VT SH	112585104	38,151,195	1,059,167	SH		DFND	1	1,059,167	0	0
BRUKER CORPORATION BRKR	COM	116794108	27,751,256	1,718,344	SH		SOLE		1,718,344	0	0
BRUKER CORPORATION BRKR	COM	116794108	22,927,574	1,419,664	SH		DFND	1	1,419,664	0	0
C.H. ROBINSON WORLDWIDE INC	COM NEW	12541W209	9,379,444	166,568	SH		SOLE		166,568	0	0
C.H. ROBINSON WORLDWIDE INC	COM NEW	12541W209	6,812,159	120,976	SH		DFND	1	120,976	0	0
CBRE GROUP INC CBG	CL A	12504L109	110,395,202	4,725,822	SH		SOLE		4,371,520	0	354,302
CBRE GROUP INC CBG	CL A	12504L109	39,068,876	1,672,469	SH		DFND	1	1,672,469	0	0
CABELA'S INC CAB	COM	126804301	55,742,688	860,758	SH		SOLE		793,958	0	66,800
CABELA'S INC CAB	COM	126804301	15,469,869	238,880	SH		DFND	1	238,880	0	0
CHEFS' WAREHOUSE INC. CHEF	COM	163086101	283,284	16,470	SH		SOLE		16,470	0	0
CHEFS' WAREHOUSE INC. CHEF	COM	163086101	198,316	11,530	SH		DFND	1	11,530	0	0
COMPANHIA DE BEBIDAS DAS AMERI	SPON ADR PFD	20441W203	2,256,500	60,415	SH		SOLE		60,415	0	0
COMPANHIA DE BEBIDAS DAS AMERI	SPON ADR PFD	20441W203	896,027	23,990	SH		DFND	1	23,990	0	0
CROWN CASTLE INTL CORP CCI	COM	228227104	5,985,929	82,690	SH		SOLE		82,690	0	0
CROWN CASTLE INTL CORP CCI	COM	228227104	2,376,926	32,835	SH		DFND	1	32,835	0	0
DANAHER CORPORATION DHR	COM	235851102	32,139,499	507,733	SH		SOLE		495,418	0	12,315
DANAHER CORPORATION DHR	COM	235851102	16,458,127	260,002	SH		DFND	1	260,002	0	0
DENTSPLY INTERNATIONAL INC X	COM	249030107	202,224,312	4,937,117	SH		SOLE		4,533,910	0	403,207
DENTSPLY INTERNATIONAL INC X	COM	249030107	52,457,554	1,280,702	SH		DFND	1	1,280,702	0	0
ETRADE FINANCIAL CORP ETFC	COM NEW	269246401	60,436,498	4,773,815	SH		SOLE		4,509,254	0	264,561
ETRADE FINANCIAL CORP ETFC	COM NEW	269246401	36,426,061	2,877,256	SH		DFND	1	2,877,256	0	0
FIRST REPUBLIC BANK FRC	COM	33616C100	84,972,113	2,208,215	SH		SOLE		2,043,477	0	164,738
FIRST REPUBLIC BANK FRC	COM	33616C100	27,959,760	726,605	SH		DFND	1	726,605	0	0
FIRSTSERVICE CORPORATION-VTG	SUB VTG SH	33761N109	13,241,981	423,337	SH		SOLE		423,337	0	0
FIRSTSERVICE CORPORATION-VTG	SUB VTG SH	33761N109	11,299,306	361,231	SH		DFND	1	361,231	0	0
FORTRESS INVESTMENT GROUP-CL A	CL A	34958B106	7,058,101	1,075,930	SH		SOLE		1,075,930	0	0
GARMIN LTD GRMN	SHS	h2906t109	102,151,205	2,824,197	SH		SOLE		2,617,574	0	206,623
GARMIN LTD GRMN	SHS	h2906t109	27,456,936	759,108	SH		DFND	1	759,108	0	0
GENPACT LTD G	SHS	G3922B107	6,793,894	353,113	SH		SOLE		353,113	0	0
HARLEY-DAVIDSON INC. HOG	COM	412822108	216,209,587	3,943,991	SH		SOLE		3,631,092	0	312,899
HARLEY-DAVIDSON INC. HOG	COM	412822108	61,436,664	1,120,698	SH		DFND	1	1,120,698	0	0
HEICO CORP HEI	COM	422806109	58,369,411	1,158,813	SH		SOLE		1,061,862	0	96,951
HEICO CORP HEI	COM	422806109	19,611,408	389,347	SH		DFND	1	389,347	0	0
IHS INC CLASS A IHS	CL A	451734107	117,443,575	1,125,154	SH		SOLE		1,030,081	0	95,073
IHS INC CLASS A IHS	CL A	451734107	29,987,226	287,289	SH		DFND	1	287,289	0	0
ITT EDUCATIONAL SERVICES ESI	COM	45068B109	46,858,346	1,920,424	SH		SOLE		1,794,163	0	126,261
ITT EDUCATIONAL SERVICES ESI	COM	45068B109	33,966,410	1,392,066	SH		DFND	1	1,392,066	0	0
INGERSOLL-RAND PLC IR	SHS	G47791101	2,694,663	48,535	SH		SOLE		48,535	0	0
INGERSOLL-RAND PLC IR	SHS	G47791101	1,055,768	19,016	SH		DFND	1	19,016	0	0
INTL SPEEDWAY CORP CL A ISCA	CL A	460335201	8,472,039	269,210	SH		SOLE		269,210	0	0
INTL SPEEDWAY CORP CL A ISCA	CL A	460335201	6,812,909	216,489	SH		DFND	1	216,489	0	0
INTUIT INC INTU	COM	461202103	60,231,281	986,751	SH		SOLE		986,751	0	0
INTUIT INC INTU	COM	461202103	41,626,106	681,948	SH		DFND	1	681,948	0	0
ISTAR FINANCIAL INC SFI	COM	45031U101	2,089,835	185,105	SH		SOLE		185,105	0	0
KKR & CO LP KKR	COM UNITS	48248M102	32,206,167	1,638,157	SH		SOLE		1,638,157	0	0
KKR & CO LP KKR	COM UNITS	48248M102	28,105,936	1,429,600	SH	Call	SOLE		1,284,000	0	145,600
KKR & CO LP KKR	COM UNITS	48248M102	18,804,790	956,500	SH	Call	DFND	1	956,500	0	0
KIRBY CORP KEX	COM	497266106	191,974,483	2,413,559	SH		SOLE		2,228,278	0	185,281
KIRBY CORP KEX	COM	497266106	51,661,071	649,498	SH		DFND	1	649,498	0	0
LENNOX INTERNATIONAL INC LII	COM	526107107	45,502,314	705,025	SH		SOLE		665,675	0	39,350
LENNOX INTERNATIONAL INC LII	COM	526107107	27,666,685	428,675	SH		DFND	1	428,675	0	0
MGIC INVESTMENT CORP MTG	COM	552848103	3,978,278	655,400	SH	Call	SOLE		655,400	0	0
MGIC INVESTMENT CORP MTG	COM	552848103	7,475,205	1,231,500	SH	Call	SOLE		1,231,500	0	0
MGIC INVESTMENT CORP MTG	COM	552848103	3,153,365	519,500	SH	Call	SOLE		519,500	0	0
MGIC INVESTMENT CORP MTG	COM	552848103	3,799,820	626,000	SH	Call	DFND	1	626,000	0	0
MGIC INVESTMENT CORP MTG	COM	552848103	7,192,950	1,185,000	SH	Call	DFND	1	1,185,000	0	0
MGIC INVESTMENT CORP MTG	COM	552848103	2,625,275	432,500	SH	Call	DFND	1	432,500	0	0
MRC GLOBAL INC MRC	COM	55345K103	68,193,531	2,468,991	SH		SOLE		2,321,682	0	147,309
MRC GLOBAL INC MRC	COM	55345K103	45,007,398	1,629,522	SH		DFND	1	1,629,522	0	0
MSC INDUSTRIAL DIRECT CO-A M	CL A	553530106	122,734,750	1,584,492	SH		SOLE		1,452,391	0	132,101
MSC INDUSTRIAL DIRECT CO-A M	CL A	553530106	34,256,143	442,243	SH		DFND	1	442,243	0	0
MARKEL CORP MKL	COM	570535104	157,842,076	299,539	SH		SOLE		276,528	0	23,011
MARKEL CORP MKL	COM	570535104	43,829,066	83,175	SH		DFND	1	83,175	0	0
MATERIALS SELECT SECTOR SPDR -	SBI MATERIALS	81369y100	315,464,315	8,227,000	SH	Put	SOLE		8,227,000	0	0
MATERIALS SELECT SECTOR SPDR -	SBI MATERIALS	81369y100	265,807,540	6,932,000	SH	Put	DFND	1	6,932,000	0	0
MICRO SYSTEMS MCRS	COM	594901100	105,298,557	2,440,291	SH		SOLE		2,247,112	0	193,179
MICRO SYSTEMS MCRS	COM	594901100	30,645,993	710,220	SH		DFND	1	710,220	0	0
MIDCAP SPDR TRUST SERIES 1 M	UTSER1 S&PDCRP	78467Y107	553,614	2,635	SH		SOLE		2,635	0	0
MISTRAS GROUP INC MG	COM	60649T107	3,528,992	200,739	SH		SOLE		200,739	0	0
MISTRAS GROUP INC MG	COM	60649T107	2,675,975	152,217	SH		DFND	1	152,217	0	0
MOHAWK INDUSTRIES INC MHK	COM	608190104	159,767,072	1,420,278	SH		SOLE		1,315,538	0	104,740
MOHAWK INDUSTRIES INC MHK	COM	608190104	48,801,874	433,833	SH		DFND	1	433,833	0	0
MONDELEZ INTERNATIONAL INC. A	CL A	609207105	5,736,384	201,065	SH		SOLE		201,065	0	0
MONDELEZ INTERNATIONAL INC. A	CL A	609207105	2,277,835	79,840	SH		DFND	1	79,840	0	0
NATIONSTAR MORTGAGE HOLDINGS	COM	63861C109	53,481,804	1,428,467	SH		SOLE		1,339,864	0	88,603
NATIONSTAR MORTGAGE HOLDINGS	COM	63861C109	36,646,871	978,816	SH		DFND	1	978,816	0	0
NEW RESIDENTIAL INVESTMENT NRZ	COM AD	64828T102	18,081,243	2,682,677	SH		SOLE		2,522,464	0	160,213
NEW RESIDENTIAL INVESTMENT NRZ	COM AD	64828T102	11,863,815	1,760,210	SH		DFND	1	1,760,210	0	0
NEWCASTLE INVESTMENT CORPORATI	COM	65105M108	2,950,217	564,095	SH		SOLE		511,635	0	52,460
NEWCASTLE INVESTMENT CORPORATI	COM	65105M108	2,984,656	570,680	SH		DFND	1	570,680	0	0
OREILLY AUTOMOTIVE ORLY	COM	67103H107	179,954,034	1,597,887	SH		SOLE		1,465,333	0	132,554
OREILLY AUTOMOTIVE ORLY	COM	67103H107	47,150,953	418,673	SH		DFND	1	418,673	0	0
ORIENT EXPRESS HOTELS LTD -A	CL A	G67743107	10,508,490	864,185	SH		SOLE		864,185	0	0
ORIENT EXPRESS HOTELS LTD -A	CL A	G67743107	9,417,738	774,485	SH		DFND	1	774,485	0	0
PBF ENERGY INC. PBF	CL A	69318G106	49,246,001	1,901,390	SH		SOLE		1,789,435	0	111,955
PBF ENERGY INC. PBF	CL A	69318G106	32,203,905	1,243,394	SH		DFND	1	1,243,394	0	0
PALL CORP PLL	COM	696429307	136,651,891	2,057,081	SH		SOLE		1,878,339	0	178,742
PALL CORP PLL	COM	696429307	33,253,463	500,579	SH		DFND	1	500,579	0	0
PAYCHEX PAYX	COM	704326107	82,330,926	2,255,024	SH		SOLE		2,020,512	0	234,512
PAYCHEX PAYX	COM	704326107	19,051,977	521,829	SH		DFND	1	521,829	0	0
PERKINELMER INC PKI	COM	714046109	36,106,785	1,110,978	SH		SOLE		1,110,978	0	0
PERKINELMER INC PKI	COM	714046109	10,183,680	313,344	SH		DFND	1	313,344	0	0
PERRIGO CO. PRGO	COM	714290103	17,875,451	147,731	SH		SOLE		135,793	0	11,938
PERRIGO CO. PRGO	COM	714290103	4,260,531	35,211	SH		DFND	1	35,211	0	0
PETROLOGISTICS LP PDH	UNIT LTD PTH INT	71672U101	1,685,294	127,192	SH		SOLE		127,192	0	0
ROSS STORES INC ROST	COM	778296103	7,048,088	108,750	SH		SOLE		108,750	0	0
ROSS STORES INC ROST	COM	778296103	2,767,387	42,700	SH		DFND	1	42,700	0	0
SEI INVESTMENTS COMPANY SEI	COM	784117103	16,870,390	593,401	SH		SOLE		593,401	0	0
SEI INVESTMENTS COMPANY SEI	COM	784117103	14,104,549	496,115	SH		DFND	1	496,115	0	0
SCRIPPS NETWORKS INTERACTIVE I	CL A COM	811065101	86,530,573	1,296,144	SH		SOLE		1,190,900	0	105,244
SCRIPPS NETWORKS INTERACTIVE I	CL A COM	811065101	22,959,699	343,914	SH		DFND	1	343,914	0	0
SHERWIN WILLIAMS CO SHW	COM	824348106	182,265,858	1,032,083	SH		SOLE		951,204	0	80,879
SHERWIN WILLIAMS CO SHW	COM	824348106	47,298,955	267,831	SH		DFND	1	267,831	0	0
SIGMA-ALDRICH CORPORATION SI	COM	826552101	33,092,508	411,496	SH		SOLE		411,496	0	0
SIGMA-ALDRICH CORPORATION SI	COM	826552101	8,867,270	110,262	SH		DFND	1	110,262	0	0
SIGNET JEWLERS LTD SIG	SHS	G81276100	161,721,010	2,398,354	SH		SOLE		2,200,337	0	198,017
SIGNET JEWLERS LTD SIG	SHS	G81276100	39,552,955	586,578	SH		DFND	1	586,578	0	0
SIRONA DENTAL SYSTEMS INC. S	COM	82966C103	9,715,719	147,476	SH		SOLE		147,476	0	0
TD AMERITRADE HOLDING CORP A	COM	87236Y108	59,954,740	2,468,289	SH		SOLE		2,379,427	0	88,862
TD AMERITRADE HOLDING CORP A	COM	87236Y108	29,347,858	1,208,228	SH		DFND	1	1,208,228	0	0
TD AMERITRADE HOLDING CORP A	COM	87236Y108	19,213,390	791,000	SH	Call	SOLE		719,000	0	72,000
TD AMERITRADE HOLDING CORP A	COM	87236Y108	51,191,175	2,107,500	SH	Call	SOLE		1,912,500	0	195,000
TD AMERITRADE HOLDING CORP A	COM	87236Y108	33,410,895	1,375,500	SH	Call	SOLE		1,375,500	0	0
TD AMERITRADE HOLDING CORP A	COM	87236Y108	19,164,810	789,000	SH	Call	DFND	1	789,000	0	0
TD AMERITRADE HOLDING CORP A	COM	87236Y108	52,162,775	2,147,500	SH	Call	DFND	1	2,147,500	0	0
TD AMERITRADE HOLDING CORP A	COM	87236Y108	28,431,445	1,170,500	SH	Call	DFND	1	1,170,500	0	0
TJX COMPANIES INC TJX	COM	872540109	3,638,211	72,677	SH		SOLE		72,677	0	0
TJX COMPANIES INC TJX	COM	872540109	1,424,958	28,465	SH		DFND	1	28,465	0	0
TAMINCO ACQUISITION CORP TAM	COM AD	87509U106	57,159,756	2,803,323	SH		SOLE		2,635,783	0	167,540
TAMINCO ACQUISITION CORP TAM	COM AD	87509U106	37,430,066	1,835,707	SH		DFND	1	1,835,707	0	0
TEMPUR-PEDIC INTERNATIONAL T	COM	88023U101	3,676,406	83,745	SH		SOLE		83,745	0	0
TEMPUR-PEDIC INTERNATIONAL T	COM	88023U101	3,571,485	81,355	SH		DFND	1	81,355	0	0
TEXAS PACIFIC LAND TRUST TPL	SUB CTF PROP I T	882610108	24,752,262	293,308	SH		SOLE		293,308	0	0
TEXAS PACIFIC LAND TRUST TPL	SUB CTF PROP I T	882610108	22,145,708	262,421	SH		DFND	1	262,421	0	0
THERMO FISHER SCIENTIC INC.	COM	883556102	19,841,080	234,445	SH		SOLE		234,445	0	0
THERMO FISHER SCIENTIC INC.	COM	883556102	7,840,631	92,646	SH		DFND	1	92,646	0	0
TRANSDIGM GROUP INC. TDG	COM	893641100	129,115,458	823,598	SH		SOLE		753,960	0	69,638
TRANSDIGM GROUP INC. TDG	COM	893641100	32,746,118	208,880	SH		DFND	1	208,880	0	0
VERISK ANALYTICS INC - CLASS A	CL A	92345Y106	4,113,091	68,896	SH		SOLE		68,896	0	0
VERISK ANALYTICS INC - CLASS A	CL A	92345Y106	2,730,857	45,743	SH		DFND	1	45,743	0	0
VITAMIN SHOPPE INC VSI	COM	92849E101	77,782,917	1,734,677	SH		SOLE		1,623,988	0	110,689
VITAMIN SHOPPE INC VSI	COM	92849E101	26,034,463	580,608	SH		DFND	1	580,608	0	0
WEST MARINE INC	COM	954235107	8,059,359	732,669	SH		SOLE		732,669	0	0
WEST MARINE INC	COM	954235107	6,491,056	590,096	SH		DFND	1	590,096	0	0
WILLIAMS SONOMA INC WSM	COM	969904101	190,026,782	3,400,014	SH		SOLE		3,122,301	0	277,713
WILLIAMS SONOMA INC WSM	COM	969904101	49,216,063	880,588	SH		DFND	1	880,588	0	0
WOLVERINE WORLD WIDE, INC. WWW	COM	978097103	179,063,405	3,278,949	SH		SOLE		3,033,873	0	245,076
WOLVERINE WORLD WIDE, INC. WWW	COM	978097103	50,621,395	926,962	SH		DFND	1	926,962	0	0