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

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
Abbott Laboratories	COM	002824100	139	1,757	SH		SOLE		0	1,757	0
Acadia Pharmaceuticals	COM	004225108	11	266	SH		SOLE		0	266	0
Advanced Micro Devices	COM	007903107	1,920	42,217	SH		SOLE		0	42,217	0
Agree Realty Corp	REIT	008492100	116	1,866	SH		SOLE		0	1,866	0
Air Products & Chemicals	COM	009158106	658	3,294	SH		SOLE		0	3,294	0
Amazon.com Inc.	COM	023135106	723	371	SH		SOLE		0	371	0
Amedisys Inc.	COM	023436108	3	19	SH		SOLE		0	19	0
American Water Works	COM	030420103	146	1,219	SH		SOLE		0	1,219	0
Amgen Inc.	COM	031162100	631	3,114	SH		SOLE		0	3,114	0
Anixter International	COM	035290105	256	2,914	SH		SOLE		0	2,914	0
Apple Inc.	COM	037833100	4,801	18,881	SH		SOLE		0	18,881	0
Applied Materials Inc.	COM	038222105	749	16,336	SH		SOLE		0	16,336	0
Ardelyx, Inc.	COM	039697107	2	345	SH		SOLE		0	345	0
Ball Corporation	COM	058498106	55	855	SH		SOLE		0	855	0
Best Buy Co., Inc.	COM	086516101	7	122	SH		SOLE		0	122	0
Bio-Rad Laboratories Cl A	COM	090572207	116	331	SH		SOLE		0	331	0
Booz Allen Hamilton cl A	COM	099502106	984	14,334	SH		SOLE		0	14,334	0
Bristol-Myers Squibb Co.	COM	110122108	407	7,308	SH		SOLE		0	7,308	0
Brown & Brown Inc	COM	115236101	290	8,013	SH		SOLE		0	8,013	0
Bruker Corporation	COM	116794108	57	1,594	SH		SOLE		0	1,594	0
Burlington Stores, Inc.	COM	122017106	467	2,944	SH		SOLE		0	2,944	0
Cadence Design Systems, Inc.	COM	127387108	725	10,981	SH		SOLE		0	10,981	0
Campbell Soup Company	COM	134429109	224	4,861	SH		SOLE		0	4,861	0
Carlisle Companies Inc.	COM	142339100	619	4,937	SH		SOLE		0	4,937	0
Casey's General Stores, Inc.	COM	147528103	675	5,095	SH		SOLE		0	5,095	0
Chipotle Mexican Grill	COM	169656105	758	1,159	SH		SOLE		0	1,159	0
Cincinnati Financial Corp	COM	172062101	35	459	SH		SOLE		0	459	0
Cirrus Logic Inc.	COM	172755100	8	127	SH		SOLE		0	127	0
Cintas Corporation	COM	172908105	103	597	SH		SOLE		0	597	0
Citrix Systems Inc.	COM	177376100	835	5,898	SH		SOLE		0	5,898	0
Copart, Inc. (DE)	COM	217204106	320	4,674	SH		SOLE		0	4,674	0
Danaher Corporation	COM	235851102	718	5,187	SH		SOLE		0	5,187	0
Deckers Outdoor Corp.	COM	243537107	2	17	SH		SOLE		0	17	0
DexCom, Inc.	COM	252131107	914	3,395	SH		SOLE		0	3,395	0
Diodes Inc.	COM	254543101	195	4,805	SH		SOLE		0	4,805	0
Walt Disney Company	COM	254687106	33	341	SH		SOLE		0	341	0
DOCUSIGN INC	COM	256163106	278	3,008	SH		SOLE		0	3,008	0
Dollar General Corp.	COM	256677105	10	66	SH		SOLE		0	66	0
Dynatrace Holdings LLC	COM	268150109	217	9,099	SH		SOLE		0	9,099	0
Equifax Inc	COM	294429105	105	881	SH		SOLE		0	881	0
Euronet Worldwide Inc	COM	298736109	25	289	SH		SOLE		0	289	0
FTI Consulting, Inc.	COM	302941109	3	22	SH		SOLE		0	22	0
Fiserv Inc.	COM	337738108	781	8,220	SH		SOLE		0	8,220	0
Generac Holdings Inc.	COM	368736104	3	35	SH		SOLE		0	35	0
Hershey Co.	COM	427866108	618	4,665	SH		SOLE		0	4,665	0
Industrias Bachoco SAB de CV	ADR	456463108	8	238	SH		SOLE		0	238	0
Intuit Inc.	COM	461202103	131	569	SH		SOLE		0	569	0
iShares Select Dividend ETF	ETF	464287168	1,019	13,857	SH		SOLE		0	13,857	0
iShares Core US Aggrgt Bd ETF	ETF	464287226	1,222	10,592	SH		SOLE		0	10,592	0
iShares iBoxx Inves Grd Corp	ETF	464287242	778	6,296	SH		SOLE		0	6,296	0
iShares S&P Latin Amer 40	ETF	464287390	76	4,180	SH		SOLE		0	4,180	0
iShares Barclays 20 yr Tr Bnd	ETF	464287432	310	1,882	SH		SOLE		0	1,882	0
iShares Barclays 7 10 yr Tr Bd	ETF	464287440	5,980	49,229	SH		SOLE		0	49,229	0
iShares North Amer Tech-Soft	ETF	464287515	471	2,238	SH		SOLE		0	2,238	0
iShares Nasdaq Biotech ETF	ETF	464287556	328	3,042	SH		SOLE		0	3,042	0
iShares Core S&P Small-Cap ETF	ETF	464287804	256	4,561	SH		SOLE		0	4,561	0
iShares JPM USD Emrg Mkt Bd Fd	ETF	464288281	700	7,238	SH		SOLE		0	7,238	0
Itron Inc.	COM	465741106	2	32	SH		SOLE		0	32	0
Jacobs Engineering Group	COM	469814107	620	7,821	SH		SOLE		0	7,821	0
KLA Corporation	COM	482480100	898	6,244	SH		SOLE		0	6,244	0
Kansas City Southern	COM	485170302	9	69	SH		SOLE		0	69	0
Kroger Company	COM	501044101	99	3,271	SH		SOLE		0	3,271	0
Lam Research Corporation	COM	512807108	1,200	5,000	SH		SOLE		0	5,000	0
Leidos Holdings, Inc.	COM	525327102	148	1,616	SH		SOLE		0	1,616	0
Liberty Broadband Corp Sr C	COM	530307305	745	6,728	SH		SOLE		0	6,728	0
Eli Lilly & Co.	COM	532457108	658	4,746	SH		SOLE		0	4,746	0
Lululemon Athletica Inc.	COM	550021109	12	64	SH		SOLE		0	64	0
MDC Holdings Inc	COM	552676108	1	51	SH		SOLE		0	51	0
Manhattan Associates, Inc.	COM	562750109	29	577	SH		SOLE		0	577	0
Marsh & McLennan Company Inc	COM	571748102	230	2,664	SH		SOLE		0	2,664	0
Masco Corporation	COM	574599106	8	226	SH		SOLE		0	226	0
Mercury Systems Inc	COM	589378108	3	37	SH		SOLE		0	37	0
Microsoft Corporation	COM	594918104	7,531	47,751	SH		SOLE		0	47,751	0
Moody's Corp.	COM	615369105	612	2,894	SH		SOLE		0	2,894	0
Motorola Solutions, Inc.	COM	620076307	130	981	SH		SOLE		0	981	0
Okta, Inc.	COM	679295105	440	3,597	SH		SOLE		0	3,597	0
Procter & Gamble Co.	COM	742718109	125	1,139	SH		SOLE		0	1,139	0
Repligen Corporation	COM	759916109	354	3,667	SH		SOLE		0	3,667	0
ResMed Inc.	COM	761152107	791	5,367	SH		SOLE		0	5,367	0
Revance Therapeutics, Inc.	COM	761330109	2	111	SH		SOLE		0	111	0
Scotts Miracle-Gro Co	COM	810186106	720	7,034	SH		SOLE		0	7,034	0
Seattle Genetics, Inc.	COM	812578102	1,049	9,090	SH		SOLE		0	9,090	0
Sherwin-Williams Co.	COM	824348106	534	1,162	SH		SOLE		0	1,162	0
Skechers U.S.A. Inc.	COM	830566105	33	1,378	SH		SOLE		0	1,378	0
Splunk Inc.	COM	848637104	580	4,596	SH		SOLE		0	4,596	0
Starbucks Corporation	COM	855244109	43	658	SH		SOLE		0	658	0
State Street Corp	COM	857477103	34	632	SH		SOLE		0	632	0
Sun Communities Inc.	REIT	866674104	127	1,017	SH		SOLE		0	1,017	0
Synopsys Inc.	COM	871607107	12	90	SH		SOLE		0	90	0
T-Mobile US, Inc.	COM	872590104	113	1,341	SH		SOLE		0	1,341	0
Teledyne Technologies Inc.	COM	879360105	985	3,315	SH		SOLE		0	3,315	0
Teradyne Inc.	COM	880770102	914	16,864	SH		SOLE		0	16,864	0
Thor Industries Inc.	COM	885160101	398	9,447	SH		SOLE		0	9,447	0
Toro Company	COM	891092108	615	9,443	SH		SOLE		0	9,443	0
Tyler Technologies Inc.	COM	902252105	740	2,494	SH		SOLE		0	2,494	0
Tyson Foods Inc	COM	902494103	33	568	SH		SOLE		0	568	0
West Pharmaceutical Svcs	COM	955306105	1,013	6,653	SH		SOLE		0	6,653	0
Zebra Technologies Corp	COM	989207105	39	212	SH		SOLE		0	212	0
Invesco QQQ Trust, Series 1	ETF	46090E103	304	1,595	SH		SOLE		0	1,595	0
Target Corporation	COM	87612E106	816	8,778	SH		SOLE		0	8,778	0
Edwards Lifesciences Corp.	COM	28176E108	864	4,581	SH		SOLE		0	4,581	0
Fortinet, Inc.	COM	34959E109	1,011	9,992	SH		SOLE		0	9,992	0
AES Corporation	COM	00130H105	39	2,893	SH		SOLE		0	2,893	0
Activision Blizzard, Inc.	COM	00507V109	572	9,624	SH		SOLE		0	9,624	0
Adobe Inc.	COM	00724F101	908	2,854	SH		SOLE		0	2,854	0
AECOM	COM	00766T100	184	6,153	SH		SOLE		0	6,153	0
Agios Pharmaceuticals, Inc.	COM	00847X104	8	220	SH		SOLE		0	220	0
Akamai Technologies Inc.	COM	00971T101	632	6,906	SH		SOLE		0	6,906	0
Alnylam Pharmaceuticals	COM	02043Q107	950	8,725	SH		SOLE		0	8,725	0
Alphabet Inc. Class C	COM	02079K107	1,234	1,061	SH		SOLE		0	1,061	0
Alphabet Inc. Class A	COM	02079K305	1,221	1,051	SH		SOLE		0	1,051	0
America Movil, S.A.B.	ADR	02364W105	14	1,151	SH		SOLE		0	1,151	0
Anaplan Inc.	COM	03272L108	392	12,958	SH		SOLE		0	12,958	0
Arconic Inc.	COM	03965L100	377	23,503	SH		SOLE		0	23,503	0
Armstrong World Industries	COM	04247X102	617	7,773	SH		SOLE		0	7,773	0
Assurant, Inc.	COM	04621X108	568	5,458	SH		SOLE		0	5,458	0
AtriCure, Inc.	COM	04963C209	2	70	SH		SOLE		0	70	0
AVALARA INC	COM	05338G106	651	8,732	SH		SOLE		0	8,732	0
Axon Enterprise, Inc.	COM	05464C101	2	33	SH		SOLE		0	33	0
Brasilagro Brazilian Agric ADS	ADR	10554B104	11	3,402	SH		SOLE		0	3,402	0
Cable ONE	COM	12685J105	217	132	SH		SOLE		0	132	0
Charter Communications cl A	COM	16119P108	939	2,153	SH		SOLE		0	2,153	0
Chemed Corporation	COM	16359R103	655	1,512	SH		SOLE		0	1,512	0
Cogent Communications Holdings	COM	19239V302	371	4,532	SH		SOLE		0	4,532	0
Companhia de Saneamento	ADR	20441A102	11	1,461	SH		SOLE		0	1,461	0
Companhia Paranaense COPEL	ADR	20441B407	21	2,035	SH		SOLE		0	2,035	0
Costco Wholesale Corp	COM	22160K105	1,416	4,967	SH		SOLE		0	4,967	0
CoStar Group, Inc.	COM	22160N109	1,405	2,392	SH		SOLE		0	2,392	0
Coupa Software Inc	COM	22266L106	498	3,565	SH		SOLE		0	3,565	0
DaVita HealthCare Partners Inc	COM	23918K108	771	10,138	SH		SOLE		0	10,138	0
DENTSPLY SIRONA Inc.	COM	24906P109	32	824	SH		SOLE		0	824	0
E.L.F. Beauty, Inc.	COM	26856L103	2	178	SH		SOLE		0	178	0
Enersis S.A.	ADR	29274F104	8	1,331	SH		SOLE		0	1,331	0
Entegris Inc	COM	29362U104	259	5,775	SH		SOLE		0	5,775	0
Epizyme, Inc.	COM	29428V104	3	203	SH		SOLE		0	203	0
Equinix Inc	REIT	29444U700	744	1,192	SH		SOLE		0	1,192	0
Everbridge, Inc.	COM	29978A104	195	1,837	SH		SOLE		0	1,837	0
EVERQUOTE, INC.	COM	30041R108	7	251	SH		SOLE		0	251	0
Facebook, Inc. cl A	COM	30303M102	236	1,416	SH		SOLE		0	1,416	0
Fate Therapeutics, Inc.	COM	31189P102	2	104	SH		SOLE		0	104	0
Fidelity National Info Srv	COM	31620M106	777	6,388	SH		SOLE		0	6,388	0
Forterra, Inc.	COM	34960W106	2	298	SH		SOLE		0	298	0
GMS Inc.	COM	36251C103	1	80	SH		SOLE		0	80	0
Global Blood Therapeutics, Inc	COM	37890U108	178	3,489	SH		SOLE		0	3,489	0
Global Payments Inc.	COM	37940X102	596	4,133	SH		SOLE		0	4,133	0
Hannon Armstrong Sustain Infra	REIT	41068X100	2	92	SH		SOLE		0	92	0
Independence Realty Trust, Inc	REIT	45378A106	1	159	SH		SOLE		0	159	0
Inphi Corporation	COM	45772F107	3	38	SH		SOLE		0	38	0
Insulet Corp	COM	45784P101	543	3,279	SH		SOLE		0	3,279	0
MSCI Inc.	COM	55354G100	848	2,934	SH		SOLE		0	2,934	0
MercadoLibre, Inc.	COM	58733R102	9	19	SH		SOLE		0	19	0
Momenta Pharmaceuticals	COM	60877T100	377	13,878	SH		SOLE		0	13,878	0
Monster Beverage Corporation	COM	61174X109	110	1,963	SH		SOLE		0	1,963	0
Netflix Inc	COM	64110L106	268	713	SH		SOLE		0	713	0
Nevro Corp.	COM	64157F103	303	3,026	SH		SOLE		0	3,026	0
Nuance Communications Inc	COM	67020Y100	577	34,365	SH		SOLE		0	34,365	0
NVIDIA Corp	COM	67066G104	1,741	6,606	SH		SOLE		0	6,606	0
PTC Therapeutics, Inc.	COM	69366J200	2	41	SH		SOLE		0	41	0
Pool Corporation	COM	73278L105	130	661	SH		SOLE		0	661	0
Qorvo, Inc.	COM	74736K101	569	7,063	SH		SOLE		0	7,063	0
Quidel Corporation	COM	74838J101	457	4,672	SH		SOLE		0	4,672	0
RH	COM	74967X103	1	13	SH		SOLE		0	13	0
Regeneron Pharmaceuticals	COM	75886F107	1,115	2,283	SH		SOLE		0	2,283	0
Ringcentral Inc.	COM	76680R206	4	21	SH		SOLE		0	21	0
Roku, Inc. Class A	CLA	77543R102	6	72	SH		SOLE		0	72	0
SBA Communications Corp.	COM	78410G104	87	322	SH		SOLE		0	322	0
SPDR S&P 500 ETF Trust	ETF	78462F103	583	2,260	SH		SOLE		0	2,260	0
SPDR Barclays High Yield Bond	ETF	78464A417	717	7,573	SH		SOLE		0	7,573	0
Saia, Inc.	COM	78709Y105	2	25	SH		SOLE		0	25	0
SPDR Cons Staples Slct	ETF	81369Y308	1,331	24,440	SH		SOLE		0	24,440	0
SPDR Select Technology	ETF	81369Y803	4	47	SH		SOLE		0	47	0
SPDR Utilities Select	ETF	81369Y886	1,831	33,041	SH		SOLE		0	33,041	0
Select Medical Holdings Corp	COM	81619Q105	181	12,085	SH		SOLE		0	12,085	0
Skyworks Solutions Inc	COM	83088M102	1,076	12,044	SH		SOLE		0	12,044	0
Synaptics Incorporated	COM	87157D109	237	4,100	SH		SOLE		0	4,100	0
Teladoc, Inc.	COM	87918A105	513	3,310	SH		SOLE		0	3,310	0
Telefonica Brasil, S.A.	ADR	87936R106	11	1,153	SH		SOLE		0	1,153	0
Tesla, Inc.	COM	88160R101	422	806	SH		SOLE		0	806	0
TG Therapeutics, Inc	COM	88322Q108	2	179	SH		SOLE		0	179	0
TIM Participacoes SA	ADR	88706P106	9	770	SH		SOLE		0	770	0
TopBuild Corp.	COM	89055F103	263	3,667	SH		SOLE		0	3,667	0
TransUnion	COM	89400J107	476	7,200	SH		SOLE		0	7,200	0
Ultra Clean Holdings, Inc.	COM	90385V107	1	105	SH		SOLE		0	105	0
Ultrapar Participacoes SA	ADR	90400P101	6	2,503	SH		SOLE		0	2,503	0
Universal Display Corp	COM	91347P105	557	4,226	SH		SOLE		0	4,226	0
VanEck Vectors Semiconductor E	ETF	92189F676	524	4,477	SH		SOLE		0	4,477	0
Verisk Analytics, Inc.	COM	92345Y106	144	1,030	SH		SOLE		0	1,030	0
Vertex Pharmaceuticals	COM	92532F100	67	281	SH		SOLE		0	281	0
VISA Inc.	COM	92826C839	1,518	9,421	SH		SOLE		0	9,421	0
Xcel Energy Inc	COM	98389B100	98	1,633	SH		SOLE		0	1,633	0
Xerox Corporation	COM	98421M106	27	1,421	SH		SOLE		0	1,421	0
Zoetis Inc.	COM	98978V103	804	6,831	SH		SOLE		0	6,831	0
Ambarella, Inc.	COM	G037AX101	2	38	SH		SOLE		0	38	0
Cosan Limited	COM	G25343107	19	1,564	SH		SOLE		0	1,564	0
Helen of Troy Limited	COM	G4388N106	2	16	SH		SOLE		0	16	0
NovoCure Limited	COM	G6674U108	2	29	SH		SOLE		0	29	0
RenaissanceRe Hldgs	COM	G7496G103	38	255	SH		SOLE		0	255	0
Garmin Ltd	COM	H2906T109	9	119	SH		SOLE		0	119	0