Hanseatic Management Services 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
Advance Auto Parts Inc	COM	00751Y106	998	5,268	SH		SOLE		0	5,268	0
Apple Inc.	COM	037833100	6,155	55,801	SH		SOLE		0	55,801	0
AmerisourceBergen Corp	COM	03073E100	2,425	25,528	SH		SOLE		0	25,528	0
Ambev S.A.	ADR	02319V103	7	1,399	SH		SOLE		0	1,399	0
Asbury Automotive Group	COM	043436104	3	36	SH		SOLE		0	36	0
ABM Industries Inc.	COM	000957100	8	305	SH		SOLE		0	305	0
Abiomed Inc.	COM	003654100	2,443	26,338	SH		SOLE		0	26,338	0
Acadia Healthcare Company Inc	COM	00404A109	45	680	SH		SOLE		0	680	0
Accenture Plc	COM	G1151C101	17	170	SH		SOLE		0	170	0
Adeptus Health Inc. Class A	CLA	006855100	981	12,152	SH		SOLE		0	12,152	0
American Eagle Outfitters	COM	02553E106	701	44,863	SH		SOLE		0	44,863	0
Aetna Inc.	COM	00817Y108	570	5,210	SH		SOLE		0	5,210	0
AmTrust Financial Services	COM	032359309	15	240	SH		SOLE		0	240	0
AMN Healthcare Services	COM	001744101	477	15,890	SH		SOLE		0	15,890	0
American Intl Group, Inc.	COM	026874784	611	10,750	SH		SOLE		0	10,750	0
Allegiant Travel Company	COM	01748X102	847	3,915	SH		SOLE		0	3,915	0
Alaska Air Group Inc	COM	011659109	2,003	25,206	SH		SOLE		0	25,206	0
Alere Inc.	COM	01449J105	1,874	38,917	SH		SOLE		0	38,917	0
Amedisys Inc.	COM	023436108	3	69	SH		SOLE		0	69	0
Amgen Inc.	COM	031162100	1,466	10,602	SH		SOLE		0	10,602	0
AmSurg Corporation	COM	03232P405	1	14	SH		SOLE		0	14	0
American Woodmark Corp.	COM	030506109	1,401	21,595	SH		SOLE		0	21,595	0
America Movil, S.A.B.	ADR	02364W105	8	474	SH		SOLE		0	474	0
Amazon.com Inc.	COM	023135106	5,530	10,803	SH		SOLE		0	10,803	0
Anacor Pharmaceuticals	COM	032420101	3	29	SH		SOLE		0	29	0
A.O. Smith Corp.	COM	831865209	2	31	SH		SOLE		0	31	0
Apogee Enterprises Inc.	COM	037598109	51	1,140	SH		SOLE		0	1,140	0
Grupo Aeroportuario	ADR	40051E202	10	67	SH		SOLE		0	67	0
AVG Technologies N.V.	COM	N07831105	1	37	SH		SOLE		0	37	0
Avery Dennison Corp.	COM	053611109	788	13,922	SH		SOLE		0	13,922	0
Acuity Brands, Inc.	COM	00508Y102	2,461	14,016	SH		SOLE		0	14,016	0
AutoZone Inc.	COM	053332102	44	61	SH		SOLE		0	61	0
Natus Medical Inc.	COM	639050103	807	20,460	SH		SOLE		0	20,460	0
C.R. Bard, Inc.	COM	067383109	468	2,510	SH		SOLE		0	2,510	0
Becton Dickinson & Co.	COM	075887109	15	113	SH		SOLE		0	113	0
Bright Horizons Family Solutns	COM	109194100	791	12,308	SH		SOLE		0	12,308	0
BBVA Banco Frances SA	ADR	07329M100	9	592	SH		SOLE		0	592	0
BJ's Restaurants, Inc.	COM	09180C106	612	14,223	SH		SOLE		0	14,223	0
BankUnited, Inc.	COM	06652K103	14	404	SH		SOLE		0	404	0
Blackbaud, Inc.	COM	09227Q100	1,538	27,412	SH		SOLE		0	27,412	0
BioMarin Pharmaceutical	COM	09061G101	2,004	19,024	SH		SOLE		0	19,024	0
Bofl Holding, Inc.	COM	05566U108	1,698	13,180	SH		SOLE		0	13,180	0
Broadridge Fncl Solutions	COM	11133T103	1,820	32,890	SH		SOLE		0	32,890	0
Bassett Furniture Industries	COM	070203104	2	74	SH		SOLE		0	74	0
Boston Scientific Corp	COM	101137107	1,608	98,010	SH		SOLE		0	98,010	0
Burlington Stores, Inc.	COM	122017106	879	17,220	SH		SOLE		0	17,220	0
Credit Acceptance Corp	COM	225310101	2	11	SH		SOLE		0	11	0
ConAgra Foods, Inc.	COM	205887102	1,672	41,275	SH		SOLE		0	41,275	0
Cardinal Health Inc.	COM	14149Y108	494	6,430	SH		SOLE		0	6,430	0
Cal-Maine Foods Inc.	COM	128030202	1,007	18,444	SH		SOLE		0	18,444	0
Cavium, Inc.	COM	14964U108	975	15,886	SH		SOLE		0	15,886	0
Cambrex Corporation	COM	132011107	468	11,785	SH		SOLE		0	11,785	0
Cracker Barrel Old Cntry Store	COM	22410J106	928	6,298	SH		SOLE		0	6,298	0
Compania Cervecerias Unidas SA	ADR	204429104	5	225	SH		SOLE		0	225	0
CDK Global, Inc.	COM	12508E101	45	941	SH		SOLE		0	941	0
Celgene Corp.	COM	151020104	1,191	11,010	SH		SOLE		0	11,010	0
Cempra, Inc.	COM	15130J109	2	87	SH		SOLE		0	87	0
Culp Inc.	COM	230215105	2	69	SH		SOLE		0	69	0
Churchill Downs Inc	COM	171484108	2	18	SH		SOLE		0	18	0
Chemed Corporation	COM	16359R103	1,584	11,871	SH		SOLE		0	11,871	0
Cigna Corporation	COM	125509109	513	3,800	SH		SOLE		0	3,800	0
CoreLogic, Inc.	COM	21871D103	47	1,260	SH		SOLE		0	1,260	0
Clovis Oncology Inc	COM	189464100	774	8,421	SH		SOLE		0	8,421	0
Clorox Company	COM	189054109	14	123	SH		SOLE		0	123	0
CME Group Inc.	COM	12572Q105	396	4,270	SH		SOLE		0	4,270	0
CONMED Corporation	COM	207410101	3	55	SH		SOLE		0	55	0
Coca-Cola Bottling Cl A	COM	191098102	940	4,860	SH		SOLE		0	4,860	0
Columbia Banking System	COM	197236102	1	23	SH		SOLE		0	23	0
Columbia Sportswear Co.	COM	198516106	971	16,514	SH		SOLE		0	16,514	0
CommScope Holding Company, Inc	COM	20337X109	1,400	46,627	SH		SOLE		0	46,627	0
CyrusOne Inc	COM	23283R100	15	447	SH		SOLE		0	447	0
CoreSite Realty Corp	COM	21870Q105	11	220	SH		SOLE		0	220	0
Costco Wholesale Corp	COM	22160K105	614	4,250	SH		SOLE		0	4,250	0
Cott Corporation	COM	22163N106	769	71,020	SH		SOLE		0	71,020	0
Coty, Inc.	COM	222070203	1,258	46,504	SH		SOLE		0	46,504	0
Campbell Soup Company	COM	134429109	487	9,610	SH		SOLE		0	9,610	0
Salesforce.com Inc	COM	79466L302	905	13,030	SH		SOLE		0	13,030	0
Crocs, Inc.	COM	227046109	1	85	SH		SOLE		0	85	0
Carlisle Companies Inc.	COM	142339100	1,520	17,398	SH		SOLE		0	17,398	0
Cintas Corporation	COM	172908105	2,311	26,946	SH		SOLE		0	26,946	0
Cognizant Tech Solutions	COM	192446102	2,432	38,836	SH		SOLE		0	38,836	0
CubeSmart	REIT	229663109	17	618	SH		SOLE		0	618	0
CVS Health Corporation	COM	126650100	2,490	25,807	SH		SOLE		0	25,807	0
Denny's Corp	COM	24869P104	1	109	SH		SOLE		0	109	0
Danaher Corporation	COM	235851102	574	6,740	SH		SOLE		0	6,740	0
Walt Disney Company	COM	254687106	899	8,800	SH		SOLE		0	8,800	0
Dr. Pepper Snapple Group Inc	COM	26138E109	15	187	SH		SOLE		0	187	0
Domino's Pizza, Inc.	COM	25754A201	1,883	17,449	SH		SOLE		0	17,449	0
Darden Restaurants Inc	COM	237194105	16	229	SH		SOLE		0	229	0
DexCom, Inc.	COM	252131107	1,414	16,468	SH		SOLE		0	16,468	0
Dycom Industries Inc	COM	267475101	2,059	28,452	SH		SOLE		0	28,452	0
Dyax Corporation	COM	26746E103	469	24,553	SH		SOLE		0	24,553	0
Electronic Arts Inc.	COM	285512109	3,935	58,086	SH		SOLE		0	58,086	0
eBay Inc.	COM	278642103	2,304	94,260	SH		SOLE		0	94,260	0
Ebix Inc	COM	278715206	1,066	42,722	SH		SOLE		0	42,722	0
Emergent Biosolutions, Inc.	COM	29089Q105	1	29	SH		SOLE		0	29	0
Equifax Inc	COM	294429105	744	7,660	SH		SOLE		0	7,660	0
Eagle Pharmaceuticals, Inc.	COM	269796108	1	18	SH		SOLE		0	18	0
Ellie Mae, Inc.	COM	28849P100	1,702	25,574	SH		SOLE		0	25,574	0
EarthLink Holdings Corp.	COM	27033X101	4	507	SH		SOLE		0	507	0
Equity Lifestyle Properties	REIT	29472R108	14	237	SH		SOLE		0	237	0
Endurance Specialty Holdings	COM	G30397106	19	315	SH		SOLE		0	315	0
Ensign Group, Inc. (The)	COM	29358P101	681	15,985	SH		SOLE		0	15,985	0
EPAM Systems Inc	COM	29414B104	2,213	29,703	SH		SOLE		0	29,703	0
Equinix Inc	REIT	29444U700	14	53	SH		SOLE		0	53	0
Eros International Plc	COM	G3788M106	1	51	SH		SOLE		0	51	0
Envision Healthcare Hldg Inc.	COM	29413U103	41	1,117	SH		SOLE		0	1,117	0
Edwards Lifesciences Corp.	COM	28176E108	1,076	7,570	SH		SOLE		0	7,570	0
Extra Space Storage Inc.	REIT	30225T102	17	221	SH		SOLE		0	221	0
First American Financial Corp	COM	31847R102	16	409	SH		SOLE		0	409	0
Facebook, Inc. cl A	COM	30303M102	5,208	57,928	SH		SOLE		0	57,928	0
Fibria Celulose SA ADS	ADR	31573A109	756	55,780	SH		SOLE		0	55,780	0
Fresh Del Monte Produce	COM	G36738105	47	1,199	SH		SOLE		0	1,199	0
FactSet Research Systems, Inc.	COM	303075105	1,731	10,830	SH		SOLE		0	10,830	0
Fair Isaac Corp	COM	303250104	53	633	SH		SOLE		0	633	0
Fiserv Inc.	COM	337738108	3,135	36,197	SH		SOLE		0	36,197	0
Comfort Systems USA	COM	199908104	2	77	SH		SOLE		0	77	0
Fleetmatics Group PLC	COM	G35569105	3	57	SH		SOLE		0	57	0
FNF Group	COM	31620R303	13	373	SH		SOLE		0	373	0
Amicus Therapeutics, Inc.	COM	03152W109	656	46,923	SH		SOLE		0	46,923	0
First Republic Bank	COM	33616C100	508	8,100	SH		SOLE		0	8,100	0
Freescale Semiconductor, Ltd.	COM	G3727Q101	65	1,770	SH		SOLE		0	1,770	0
Fortinet, Inc.	COM	34959E109	1,272	29,954	SH		SOLE		0	29,954	0
General Dynamics Corp.	COM	369550108	566	4,105	SH		SOLE		0	4,105	0
Grupo Financiaro Galicia SA	ADR	399909100	11	634	SH		SOLE		0	634	0
Graham Holdings Company	COM	384637104	565	980	SH		SOLE		0	980	0
G-III Apparel Group Ltd.	COM	36237H101	1,585	25,698	SH		SOLE		0	25,698	0
Gilead Sciences Inc.	COM	375558103	2,878	29,307	SH		SOLE		0	29,307	0
General Mills Inc.	COM	370334104	535	9,530	SH		SOLE		0	9,530	0
Gamestop Corp	COM	36467W109	12	288	SH		SOLE		0	288	0
Graphic Packaging Hldg	COM	388689101	829	64,810	SH		SOLE		0	64,810	0
Global Payments Inc.	COM	37940X102	2,516	21,928	SH		SOLE		0	21,928	0
Hain Celestial Group Inc.	COM	405217100	1,520	29,457	SH		SOLE		0	29,457	0
Hasbro Inc.	COM	418056107	1,798	24,919	SH		SOLE		0	24,919	0
HCA Holdings, Inc.	COM	40412C101	670	8,660	SH		SOLE		0	8,660	0
Home Depot Inc.	COM	437076102	5,645	48,880	SH		SOLE		0	48,880	0
HD Supply Holdings, Inc.	COM	40416M105	42	1,455	SH		SOLE		0	1,455	0
Helen of Troy Limited	COM	G4388N106	46	510	SH		SOLE		0	510	0
HollyFrontier Corporation	COM	436106108	14	283	SH		SOLE		0	283	0
Hartford Financial Services	COM	416515104	295	6,440	SH		SOLE		0	6,440	0
HealthSouth Corporation	COM	421924309	1	22	SH		SOLE		0	22	0
Health Net Inc	COM	42222G108	45	745	SH		SOLE		0	745	0
Hologic Inc.	COM	436440101	2,809	71,776	SH		SOLE		0	71,776	0
HealthEquity, Inc.	COM	42226A107	1	30	SH		SOLE		0	30	0
Hill-Rom Holdings Inc.	COM	431475102	2	40	SH		SOLE		0	40	0
Hormel Foods Corp	COM	440452100	2,499	39,479	SH		SOLE		0	39,479	0
Harris Corporation	COM	413875105	12	170	SH		SOLE		0	170	0
Headwaters Inc	COM	42210P102	741	39,418	SH		SOLE		0	39,418	0
Horizon Pharma plc	COM	G4617B105	31	1,570	SH		SOLE		0	1,570	0
Integra LifeSciences Holdings	COM	457985208	3	50	SH		SOLE		0	50	0
Industrias Bachoco SAB de CV	ADR	456463108	816	13,358	SH		SOLE		0	13,358	0
Interactive Brokers Group	COM	45841N107	615	15,574	SH		SOLE		0	15,574	0
II-VI Inc.	COM	902104108	1	43	SH		SOLE		0	43	0
Ingles Markets cl A	CLA	457030104	722	15,090	SH		SOLE		0	15,090	0
Imperva Inc	COM	45321L100	618	9,440	SH		SOLE		0	9,440	0
Incyte Corp	COM	45337C102	2,450	22,210	SH		SOLE		0	22,210	0
Infinera Corporation	COM	45667G103	1,484	75,855	SH		SOLE		0	75,855	0
Inogen, Inc	COM	45780L104	555	11,427	SH		SOLE		0	11,427	0
Ingredion Incorporated	COM	457187102	15	169	SH		SOLE		0	169	0
Inphi Corporation	COM	45772F107	1	45	SH		SOLE		0	45	0
Impax Laboratories, Inc.	COM	45256B101	812	23,062	SH		SOLE		0	23,062	0
Integrated Silicon Solution	COM	45812P107	1	56	SH		SOLE		0	56	0
Jack in the Box Inc.	COM	466367109	71	920	SH		SOLE		0	920	0
Jarden Corporation	COM	471109108	45	929	SH		SOLE		0	929	0
JetBlue Airways Corp	COM	477143101	3,130	121,448	SH		SOLE		0	121,448	0
j2 Global Inc	COM	48123V102	16	228	SH		SOLE		0	228	0
JPMorgan Chase & Co	COM	46625H100	12	198	SH		SOLE		0	198	0
KAR Auction Services Inc.	COM	48238T109	13	377	SH		SOLE		0	377	0
Knoll Inc.	COM	498904200	699	31,810	SH		SOLE		0	31,810	0
Kroger Company	COM	501044101	4,218	116,932	SH		SOLE		0	116,932	0
Multi-Color Corp.	COM	625383104	1	16	SH		SOLE		0	16	0
L Brands, Inc.	COM	501797104	1,064	11,800	SH		SOLE		0	11,800	0
Springleaf Holdings, Inc	COM	85172J101	46	1,045	SH		SOLE		0	1,045	0
Leggett & Platt Inc.	COM	524660107	13	316	SH		SOLE		0	316	0
Eli Lilly & Co.	COM	532457108	1,624	19,399	SH		SOLE		0	19,399	0
Lockheed Martin Corp.	COM	539830109	613	2,957	SH		SOLE		0	2,957	0
LogMeIn, Inc.	COM	54142L109	1,552	22,764	SH		SOLE		0	22,764	0
Lowes Companies Inc.	COM	548661107	634	9,200	SH		SOLE		0	9,200	0
Mastercard Inc.	COM	57636Q104	392	4,350	SH		SOLE		0	4,350	0
Manhattan Associates, Inc.	COM	562750109	872	14,000	SH		SOLE		0	14,000	0
Masimo Corporation	COM	574795100	766	19,867	SH		SOLE		0	19,867	0
Matson, Inc.	COM	57686G105	3	85	SH		SOLE		0	85	0
Mednax, Inc.	COM	58502B106	874	11,380	SH		SOLE		0	11,380	0
Mentor Graphics Corp.	COM	587200106	2	85	SH		SOLE		0	85	0
Mohawk Industries Inc	COM	608190104	43	235	SH		SOLE		0	235	0
Macquarie Infrastructure Co Tr	COM	55608B105	12	161	SH		SOLE		0	161	0
Middleby Corporation	COM	596278101	727	6,910	SH		SOLE		0	6,910	0
McCormick & Co, Inc.	COM	579780206	2,379	28,945	SH		SOLE		0	28,945	0
Markel Corp	COM	570535104	433	540	SH		SOLE		0	540	0
MarketAxess Corporation	COM	57060D108	1,911	20,574	SH		SOLE		0	20,574	0
MAXIMUS, Inc.	COM	577933104	50	839	SH		SOLE		0	839	0
Merit Medical Systems, Inc.	COM	589889104	3	138	SH		SOLE		0	138	0
Monster Beverage Corporation	COM	61174X109	2,631	19,466	SH		SOLE		0	19,466	0
Momenta Pharmaceuticals	COM	60877T100	1	44	SH		SOLE		0	44	0
Molina Healthcare, Inc.	COM	60855R100	771	11,203	SH		SOLE		0	11,203	0
Microsemi Corporation	COM	595137100	916	27,921	SH		SOLE		0	27,921	0
MSCI Inc.	COM	55354G100	948	15,936	SH		SOLE		0	15,936	0
MicroStrategy, Inc.	COM	594972408	741	3,770	SH		SOLE		0	3,770	0
Vail Resorts Inc.	COM	91879Q109	15	140	SH		SOLE		0	140	0
ClubCorp Holdings, Inc.	COM	18948M108	12	536	SH		SOLE		0	536	0
Nordic American Tanker Ltd	COM	G65773106	13	834	SH		SOLE		0	834	0
Neurocrine Biosciences Inc.	COM	64125C109	1,428	35,899	SH		SOLE		0	35,899	0
Nasdaq, Inc.	COM	631103108	56	1,056	SH		SOLE		0	1,056	0
Netflix Inc	COM	64110L106	3,116	30,172	SH		SOLE		0	30,172	0
Nike Inc cl B	COM	654106103	1,651	13,430	SH		SOLE		0	13,430	0
Northrop Grumman Corp	COM	666807102	1,748	10,535	SH		SOLE		0	10,535	0
Insperity, Inc.	COM	45778Q107	63	1,430	SH		SOLE		0	1,430	0
NutriSystem, Inc.	COM	67069D108	715	26,965	SH		SOLE		0	26,965	0
Novavax Inc	COM	670002104	369	52,230	SH		SOLE		0	52,230	0
NVR Inc.	COM	62944T105	956	627	SH		SOLE		0	627	0
Newell Rubbermaid Inc	COM	651229106	60	1,513	SH		SOLE		0	1,513	0
New York Cmnty Bancorp	COM	649445103	13	717	SH		SOLE		0	717	0
Grupo Aeroportuario del Centro	ADR	400501102	755	19,034	SH		SOLE		0	19,034	0
Omnicell Inc.	COM	68213N109	1	19	SH		SOLE		0	19	0
Ormat Technologies Inc.	COM	686688102	671	19,710	SH		SOLE		0	19,710	0
O'Reilly Automotive, Inc.	COM	67103H107	2,044	8,175	SH		SOLE		0	8,175	0
Oxford Industries Inc.	COM	691497309	660	8,937	SH		SOLE		0	8,937	0
Bank of the Ozarks Inc.	COM	063904106	1,718	39,269	SH		SOLE		0	39,269	0
Grupo Aeroportuario Pacifico	ADR	400506101	767	8,838	SH		SOLE		0	8,838	0
Palo Alto Networks, Inc.	COM	697435105	4,136	24,046	SH		SOLE		0	24,046	0
Paycom Software, Inc.	COM	70432V102	2	54	SH		SOLE		0	54	0
Prestige Brands Holdings Inc	COM	74112D101	2	52	SH		SOLE		0	52	0
Petroleo Brasilero ADS	ADR	71654V408	6	1,330	SH		SOLE		0	1,330	0
Penn National Gaming Inc.	COM	707569109	653	38,917	SH		SOLE		0	38,917	0
Pinnacle Foods Inc.	COM	72348P104	1,013	24,188	SH		SOLE		0	24,188	0
Pfizer Inc.	COM	717081103	355	11,311	SH		SOLE		0	11,311	0
Proofpoint, Inc.	COM	743424103	1,838	30,466	SH		SOLE		0	30,466	0
PGT, Inc.	COM	69336V101	2	136	SH		SOLE		0	136	0
Popeyes Louisiana Kitchen, Inc	COM	732872106	32	575	SH		SOLE		0	575	0
Pharmerica Corp	COM	71714F104	1	29	SH		SOLE		0	29	0
Pinnacle Financial Partners	COM	72346Q104	1	19	SH		SOLE		0	19	0
Pool Corporation	COM	73278L105	1	14	SH		SOLE		0	14	0
Prothena Corporation plc.	COM	G72800108	1	20	SH		SOLE		0	20	0
Public Storage, Inc.	REIT	74460D109	552	2,610	SH		SOLE		0	2,610	0
Phillips 66	COM	718546104	536	6,970	SH		SOLE		0	6,970	0
PrivateBancorp Inc.	COM	742962103	3	81	SH		SOLE		0	81	0
Petrobras Argentina S.A.	ADR	71646J109	7	1,374	SH		SOLE		0	1,374	0
Papa Johns Intl Inc.	COM	698813102	1,962	28,653	SH		SOLE		0	28,653	0
Quintiles Transnational Hldg	COM	74876Y101	889	12,782	SH		SOLE		0	12,782	0
Reynolds American Inc	COM	761713106	16	360	SH		SOLE		0	360	0
Ultragenyx Pharmaceutical Inc.	COM	90400D108	1	7	SH		SOLE		0	7	0
Radius Health, Inc.	COM	750469207	1	10	SH		SOLE		0	10	0
Regeneron Pharmaceuticals	COM	75886F107	2,177	4,680	SH		SOLE		0	4,680	0
Repligen Corporation	COM	759916109	552	19,817	SH		SOLE		0	19,817	0
Red Hat, Inc.	COM	756577102	991	13,790	SH		SOLE		0	13,790	0
Rollins Inc.	COM	775711104	2,562	95,360	SH		SOLE		0	95,360	0
Ross Stores Inc.	COM	778296103	2,898	59,788	SH		SOLE		0	59,788	0
Sabre Corporation	COM	78573M104	920	33,840	SH		SOLE		0	33,840	0
Signature Bank	COM	82669G104	45	330	SH		SOLE		0	330	0
Starbucks Corporation	COM	855244109	1,700	29,910	SH		SOLE		0	29,910	0
Scholastic Corporation	COM	807066105	2	51	SH		SOLE		0	51	0
Service Corp. Intl	COM	817565104	1,705	62,908	SH		SOLE		0	62,908	0
Sealed Air Corporation	COM	81211K100	1,775	37,852	SH		SOLE		0	37,852	0
SEI Investments Co.	COM	784117103	2,846	59,014	SH		SOLE		0	59,014	0
ServiceMaster Global Hldgs Inc	COM	81761R109	1,285	38,288	SH		SOLE		0	38,288	0
Seattle Genetics, Inc.	COM	812578102	1,182	30,646	SH		SOLE		0	30,646	0
Steven Madden Ltd.	COM	556269108	1	23	SH		SOLE		0	23	0
Sherwin-Williams Co.	COM	824348106	69	310	SH		SOLE		0	310	0
Skechers U.S.A. Inc.	COM	830566105	3,662	27,309	SH		SOLE		0	27,309	0
Snap-On Inc.	COM	833034101	1,246	8,257	SH		SOLE		0	8,257	0
Synopsys Inc.	COM	871607107	1,618	35,040	SH		SOLE		0	35,040	0
Synovus Financial Corp	COM	87161C501	2	71	SH		SOLE		0	71	0
Spectrum Brands Holdings, Inc.	COM	84763R101	873	9,540	SH		SOLE		0	9,540	0
Spirit Aerosystems Holdings	COM	848574109	2,523	52,195	SH		SOLE		0	52,195	0
Stericycle Inc.	COM	858912108	523	3,754	SH		SOLE		0	3,754	0
South State Corporation	COM	840441109	1	10	SH		SOLE		0	10	0
SS&C Technologies Hldgs Inc.	COM	78467J100	3,164	45,177	SH		SOLE		0	45,177	0
Stamps.com Inc.	COM	852857200	1,287	17,396	SH		SOLE		0	17,396	0
Constellation Brands Inc	COM	21036P108	3,641	29,077	SH		SOLE		0	29,077	0
Sun Communities Inc.	REIT	866674104	773	11,410	SH		SOLE		0	11,410	0
Smith & Wesson Holding Corp	COM	831756101	1	47	SH		SOLE		0	47	0
Stanley Black & Decker, Inc.	COM	854502101	514	5,302	SH		SOLE		0	5,302	0
Skyworks Solutions Inc	COM	83088M102	399	4,740	SH		SOLE		0	4,740	0
Sensient Technologies Corp	COM	81725T100	1	15	SH		SOLE		0	15	0
Stryker Corp	COM	863667101	445	4,730	SH		SOLE		0	4,730	0
Transdigm Group, Inc.	COM	893641100	909	4,281	SH		SOLE		0	4,281	0
Telephone & Data Systems	COM	879433829	11	458	SH		SOLE		0	458	0
Transportadora de Gas	ADR	893870204	8	2,057	SH		SOLE		0	2,057	0
Target Corporation	COM	87612E106	1,493	18,984	SH		SOLE		0	18,984	0
Interface, Inc.	COM	458665304	1,470	65,518	SH		SOLE		0	65,518	0
TJX Companies Inc.	COM	872540109	495	6,930	SH		SOLE		0	6,930	0
Teekay Tankers cl A	CLA	Y8565N102	4	608	SH		SOLE		0	608	0
Temper-Sealy International Inc	COM	88023U101	1,964	27,494	SH		SOLE		0	27,494	0
Tractor Supply Co.	COM	892356106	45	536	SH		SOLE		0	536	0
Tesoro Corp	COM	881609101	3,181	32,717	SH		SOLE		0	32,717	0
TESARO, Inc.	COM	881569107	639	15,926	SH		SOLE		0	15,926	0
Total System Services Inc.	COM	891906109	1,747	38,446	SH		SOLE		0	38,446	0
Grupo Televisa SA	ADR	40049J206	7	260	SH		SOLE		0	260	0
2U, Inc.	COM	90214J101	1,271	35,394	SH		SOLE		0	35,394	0
Under Armour, Inc. Cl A	COM	904311107	2,836	29,305	SH		SOLE		0	29,305	0
United Bankshares WV	COM	909907107	1	25	SH		SOLE		0	25	0
Amerco	COM	023586100	2,159	5,486	SH		SOLE		0	5,486	0
Universal Health Services	COM	913903100	872	6,987	SH		SOLE		0	6,987	0
Ulta Salon, Cosmetics	COM	90384S303	3,324	20,347	SH		SOLE		0	20,347	0
UnitedHealth Group, Inc.	COM	91324P102	2,843	24,510	SH		SOLE		0	24,510	0
U.S. Concrete Inc.	COM	90333L201	5	107	SH		SOLE		0	107	0
USANA Health Sciences, Inc.	COM	90328M107	1,457	10,874	SH		SOLE		0	10,874	0
Universal Insurance Hldgs	COM	91359V107	37	1,245	SH		SOLE		0	1,245	0
VISA Inc.	COM	92826C839	2,638	37,876	SH		SOLE		0	37,876	0
Valero Energy Corp.	COM	91913Y100	14	235	SH		SOLE		0	235	0
Controladora Vuela Compania	ADR	21240E105	869	58,273	SH		SOLE		0	58,273	0
Vulcan Materials Co	COM	929160109	2,604	29,196	SH		SOLE		0	29,196	0
Vertex Pharmaceuticals	COM	92532F100	625	6,000	SH		SOLE		0	6,000	0
Wabtec Corporation	COM	929740108	41	470	SH		SOLE		0	470	0
Western Alliance Bancorp.	COM	957638109	3	97	SH		SOLE		0	97	0
Webster Financial Corp	COM	947890109	59	1,665	SH		SOLE		0	1,665	0
WisdomTree Investments	COM	97717P104	1,884	116,792	SH		SOLE		0	116,792	0
WGL Holdings Inc.	COM	92924F106	55	961	SH		SOLE		0	961	0
Advanced Drainage Systems, Inc	COM	00790R104	764	26,400	SH		SOLE		0	26,400	0
VCA Inc.	COM	918194101	1,354	25,710	SH		SOLE		0	25,710	0
Watsco Inc.	COM	942622200	13	113	SH		SOLE		0	113	0
The WhiteWave Foods Company	COM	966244105	2,457	61,194	SH		SOLE		0	61,194	0
World Wrestling Entertainment	COM	98156Q108	11	634	SH		SOLE		0	634	0
Zoetis Inc.	COM	98978V103	1,284	31,187	SH		SOLE		0	31,187	0
Scientific Games Corp.	COM	80874P109	527	33,903	SH		SOLE		0	33,903	0
Sherwin-Williams Co.	COM	824348106	2,455	8,927	SH		SOLE		0	8,927	0
Signet Jewelers Limited	COM	G81276100	1	11	SH		SOLE		0	11	0
SVB Financial Group	COM	78486Q101	511	3,547	SH		SOLE		0	3,547	0
JM Smucker Co.	COM	832696405	18	166	SH		SOLE		0	166	0
Skechers U.S.A. Inc.	COM	830566105	1,382	12,587	SH		SOLE		0	12,587	0
Snap-On Inc.	COM	833034101	519	3,256	SH		SOLE		0	3,256	0
Synovus Financial Corp	COM	87161C501	1	32	SH		SOLE		0	32	0
Staples Inc.	COM	855030102	22	1,430	SH		SOLE		0	1,430	0
Spirit Aerosystems Holdings	COM	848574109	1,314	23,848	SH		SOLE		0	23,848	0
SpartanNash Company	COM	847215100	2	69	SH		SOLE		0	69	0
SS&C Technologies Hldgs Inc.	COM	78467J100	761	12,173	SH		SOLE		0	12,173	0
St. Jude Medical Inc.	COM	790849103	514	7,030	SH		SOLE		0	7,030	0
Stamps.com Inc.	COM	852857200	592	8,051	SH		SOLE		0	8,051	0
Starz Series A	CLA	85571Q102	1,389	31,071	SH		SOLE		0	31,071	0
Constellation Brands Inc	COM	21036P108	2,801	24,144	SH		SOLE		0	24,144	0
SunEdison, Inc.	COM	86732Y109	2,303	76,990	SH		SOLE		0	76,990	0
Stanley Black & Decker, Inc.	COM	854502101	508	4,830	SH		SOLE		0	4,830	0
Skyworks Solutions Inc	COM	83088M102	3,770	36,214	SH		SOLE		0	36,214	0
Molson Coors Brewing Co.	COM	60871R209	18	256	SH		SOLE		0	256	0
TASER International Inc	COM	87651B104	49	1,483	SH		SOLE		0	1,483	0
Telephone & Data Systems	COM	879433829	19	643	SH		SOLE		0	643	0
TE Connectivity Ltd	COM	H84989104	1	20	SH		SOLE		0	20	0
Teva Pharmaceutical	ADR	881624209	2	32	SH		SOLE		0	32	0
TEGNA Inc.	COM	87901J105	17	534	SH		SOLE		0	534	0
Transportadora de Gas	ADR	893870204	17	3,800	SH		SOLE		0	3,800	0
Target Corporation	COM	87612E106	1,806	22,122	SH		SOLE		0	22,122	0
Teekay Tankers cl A	CLA	Y8565N102	2	376	SH		SOLE		0	376	0
Tsakos Energy Navigation Ltd	COM	G9108L108	1	92	SH		SOLE		0	92	0
LendingTree, Inc.	COM	52603B107	1	16	SH		SOLE		0	16	0
Thomson Reuters Corp	COM	884903105	17	451	SH		SOLE		0	451	0
Tower Semiconductor Ltd	COM	M87915274	1	96	SH		SOLE		0	96	0
Tesoro Corp	COM	881609101	2,074	24,571	SH		SOLE		0	24,571	0
Tessera Technologies Inc.	COM	88164L100	601	15,811	SH		SOLE		0	15,811	0
TESARO, Inc.	COM	881569107	724	12,316	SH		SOLE		0	12,316	0
Total System Services Inc.	COM	891906109	1	24	SH		SOLE		0	24	0
TTM Technologies, Inc.	COM	87305R109	1	125	SH		SOLE		0	125	0
Grupo Televisa SA	GDR	40049J206	12	308	SH		SOLE		0	308	0
Towers Watson & Co cl A	CLA	891894107	1,127	8,956	SH		SOLE		0	8,956	0
Texas Instruments, Inc.	COM	882508104	17	336	SH		SOLE		0	336	0
Under Armour, Inc. Cl A	COM	904311107	1,311	15,709	SH		SOLE		0	15,709	0
UBS Group AG	ADR	H42097107	1	70	SH		SOLE		0	70	0
United Bankshares WV	COM	909907107	1	25	SH		SOLE		0	25	0
Universal Health Services	COM	913903100	1	7	SH		SOLE		0	7	0
Ulta Salon, Cosmetics	COM	90384S303	2,435	15,768	SH		SOLE		0	15,768	0
Umpqua Holdings Corp	COM	904214103	18	1,021	SH		SOLE		0	1,021	0
UnitedHealth Group, Inc.	COM	91324P102	670	5,490	SH		SOLE		0	5,490	0
U.S. Concrete Inc.	COM	90333L201	3	66	SH		SOLE		0	66	0
United Therapeutics Corp.	COM	91307C102	713	4,097	SH		SOLE		0	4,097	0
Universal Insurance Hldgs	COM	91359V107	39	1,604	SH		SOLE		0	1,604	0
Universal Corporation	COM	913456109	14	249	SH		SOLE		0	249	0
VISA Inc.	COM	92826C839	457	6,800	SH		SOLE		0	6,800	0
VASCO Data Security Intl	COM	92230Y104	1	42	SH		SOLE		0	42	0
Controladora Vuela Compania	ADR	21240E105	13	1,092	SH		SOLE		0	1,092	0
Vulcan Materials Co	COM	929160109	2,123	25,294	SH		SOLE		0	25,294	0
Wabtec Corporation	COM	929740108	44	468	SH		SOLE		0	468	0
Western Alliance Bancorp.	COM	957638109	2	60	SH		SOLE		0	60	0
WABCO Holdings Inc.	COM	92927K102	46	370	SH		SOLE		0	370	0
Webster Financial Corp	COM	947890109	72	1,812	SH		SOLE		0	1,812	0
WisdomTree Investments	COM	97717P104	1,476	67,192	SH		SOLE		0	67,192	0
WGL Holdings Inc.	COM	92924F106	56	1,035	SH		SOLE		0	1,035	0
VCA Inc.	COM	918194101	1,736	31,900	SH		SOLE		0	31,900	0
WPP plc ADS	ADR	92937A102	1	6	SH		SOLE		0	6	0
Watsco Inc.	COM	942622200	20	158	SH		SOLE		0	158	0
Western Union	COM	959802109	18	908	SH		SOLE		0	908	0
The WhiteWave Foods Company	COM	966244105	2,232	45,673	SH		SOLE		0	45,673	0
XPO Logistics, Inc.	COM	983793100	786	17,406	SH		SOLE		0	17,406	0
Yum! Brands, Inc.	COM	988498101	1,552	17,234	SH		SOLE		0	17,234	0
Zebra Technologies Corp	COM	989207105	59	535	SH		SOLE		0	535	0
Zoetis Inc.	COM	98978V103	1,557	32,293	SH		SOLE		0	32,293	0