Motley Fool Asset 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
Berkshire Hathaway Inc	Ordinary Shares	084670108	11,128	66	SH		SOLE		66	0	0
Markel Corp	Ordinary Shares	570535104	9,617	18,250	SH		SOLE		18,250	0	0
WellPoint Inc	Ordinary Shares	94973V107	9,117	111,397	SH		SOLE		111,397	0	0
Loews Corp	Ordinary Shares	540424108	8,222	185,190	SH		SOLE		185,190	0	0
Infinera Corp	Ordinary Shares	45667G103	8,222	770,600	SH		SOLE		770,600	0	0
HCC Insurance Holdings Inc	Ordinary Shares	404132102	7,553	175,200	SH		SOLE		175,200	0	0
SBA Communications Corp	Ordinary Shares	78388J106	7,208	97,250	SH		SOLE		97,250	0	0
Denbury Resources Inc	Ordinary Shares	247916208	7,058	407,500	SH		SOLE		407,500	0	0
Chipotle Mexican Grill Inc	Ordinary Shares	169656105	6,996	19,200	SH		SOLE		19,200	0	0
Under Armour Inc	Ordinary Shares	904311107	6,802	113,910	SH		SOLE		113,910	0	0
Baidu Inc	American Depository Receipts	056752108	6,734	71,186	SH		SOLE		71,186	0	0
Google Inc	Ordinary Shares	38259P508	6,603	7,500	SH		SOLE		7,500	0	0
Apple Inc	Ordinary Shares	037833100	6,364	16,050	SH		SOLE		16,050	0	0
Brookfield Asset Management Inc	Ordinary Shares	112585104	6,285	174,474	SH		SOLE		174,474	0	0
Natus Medical Inc	Ordinary Shares	639050103	5,960	436,600	SH		SOLE		436,600	0	0
Banco Latinoamericano de Comercio Exterior SA	Ordinary Shares	P16994132	5,863	261,865	SH		SOLE		261,865	0	0
Paychex Inc	Ordinary Shares	704326107	5,539	151,702	SH		SOLE		151,702	0	0
Geospace Technologies Corp	Ordinary Shares	37364X109	5,519	79,900	SH		SOLE		79,900	0	0
Costco Wholesale Corp	Ordinary Shares	22160K105	5,480	49,558	SH		SOLE		49,558	0	0
TD Ameritrade Holding Corp	Ordinary Shares	87236Y108	5,417	223,000	SH		SOLE		223,000	0	0
American Tower Corp	Real Estate Trust	000000000	5,210	71,200	SH		SOLE		71,200	0	0
Penn National Gaming Inc	Ordinary Shares	707569109	4,932	93,200	SH		SOLE		93,200	0	0
DR.REDDY'S LABORATORIES LTD	American Depository Receipts	256135203	4,726	124,956	SH		SOLE		124,956	0	0
KAR Auction Services Inc	Ordinary Shares	48238T109	4,636	202,708	SH		SOLE		202,708	0	0
DreamWorks Animation SKG Inc	Ordinary Shares	26153C103	4,480	174,600	SH		SOLE		174,600	0	0
Occidental Petroleum Corp	Ordinary Shares	674599105	4,385	49,145	SH		SOLE		49,145	0	0
Annaly Capital Management Inc	Real Estate Trust	035710409	4,223	335,989	SH		SOLE		335,989	0	0
Innophos Holdings Inc	Ordinary Shares	45774N108	3,829	81,164	SH		SOLE		81,164	0	0
Covidien PLC	Ordinary Shares	000000000	3,778	60,128	SH		SOLE		60,128	0	0
FormFactor Inc	Ordinary Shares	346375108	3,777	559,600	SH		SOLE		559,600	0	0
TriMas Corp	Ordinary Shares	896215209	3,665	98,300	SH		SOLE		98,300	0	0
Level 3 Communications Inc	Ordinary Shares	52729N308	3,582	169,918	SH		SOLE		169,918	0	0
Credicorp Ltd	Ordinary Shares	002232878	3,519	27,500	SH		SOLE		27,500	0	0
Monarch Financial Holdings Inc	Ordinary Shares	60907Q100	3,425	316,214	SH		SOLE		316,214	0	0
Brookfield Infrastructure Partners LP	Unit	G16252101	3,364	92,127	SH		SOLE		92,127	0	0
Yum! Brands Inc	Ordinary Shares	988498101	3,060	44,132	SH		SOLE		44,132	0	0
NVIDIA Corp	Ordinary Shares	67066G104	2,991	213,000	SH		SOLE		213,000	0	0
Schweitzer Mauduit International Inc	Ordinary Shares	808541106	2,953	59,200	SH		SOLE		59,200	0	0
Thor Industries Inc	Ordinary Shares	885160101	2,950	59,988	SH		SOLE		59,988	0	0
American Woodmark Corp	Ordinary Shares	030506109	2,748	79,200	SH		SOLE		79,200	0	0
Tractor Supply Co	Ordinary Shares	892356106	2,633	22,400	SH		SOLE		22,400	0	0
Zimmer Holdings Inc	Ordinary Shares	98956P102	2,623	35,000	SH		SOLE		35,000	0	0
Cisco Systems Inc	Ordinary Shares	17275R102	2,555	105,000	SH		SOLE		105,000	0	0
INTL FCStone Inc	Ordinary Shares	46116V105	2,527	144,813	SH		SOLE		144,813	0	0
Diamond Hill Investment Group Inc	Ordinary Shares	25264R207	2,484	29,023	SH		SOLE		29,023	0	0
Red Robin Gourmet Burgers Inc	Ordinary Shares	75689M101	2,483	45,000	SH		SOLE		45,000	0	0
CGG SA	American Depository Receipts	12531Q105	2,365	108,027	SH		SOLE		108,027	0	0
BRF SA	American Depository Receipts	10552T107	2,360	108,704	SH		SOLE		108,704	0	0
Dollar Tree Inc	Ordinary Shares	256746108	2,288	45,000	SH		SOLE		45,000	0	0
Retail Opportunity Investments Corp	Real Estate Trust	76131N101	2,107	151,560	SH		SOLE		151,560	0	0
Carbo Ceramics Inc	Ordinary Shares	002238821	2,104	31,200	SH		SOLE		31,200	0	0
Wynn Resorts Ltd	Ordinary Shares	983134107	2,048	16,000	SH		SOLE		16,000	0	0
Varian Medical Systems Inc	Ordinary Shares	92220P105	2,023	30,000	SH		SOLE		30,000	0	0
Drew Industries Inc	Ordinary Shares	26168L205	1,978	50,311	SH		SOLE		50,311	0	0
KapStone Paper and Packaging Corp	Ordinary Shares	48562P103	1,896	47,200	SH		SOLE		47,200	0	0
Actuant Corp	Ordinary Shares	00508X203	1,863	56,500	SH		SOLE		56,500	0	0
Autozone Inc	Ordinary Shares	053332102	1,822	4,300	SH		SOLE		4,300	0	0
Horsehead Holding Corp	Ordinary Shares	440694305	1,770	138,200	SH		SOLE		138,200	0	0
Flow International Corp	Ordinary Shares	343468104	1,747	473,400	SH		SOLE		473,400	0	0
XPO Logistics Inc	Ordinary Shares	983793100	1,700	94,000	SH		SOLE		94,000	0	0
Quest Diagnostics Inc	Ordinary Shares	74834L100	1,455	24,000	SH		SOLE		24,000	0	0
Texas Roadhouse Inc	Ordinary Shares	882681109	1,426	57,000	SH		SOLE		57,000	0	0
Liberty Interactive Corp	Ordinary Shares	53071M104	1,338	58,150	SH		SOLE		58,150	0	0
Williams-Sonoma Inc	Ordinary Shares	969904101	1,330	23,800	SH		SOLE		23,800	0	0
Suffolk Bancorp	Ordinary Shares	864739107	1,285	78,646	SH		SOLE		78,646	0	0
Carter Bank and Trust	Ordinary Shares	146102108	1,217	115,928	SH		SOLE		115,928	0	0
New Hampshire Thrift Bancshares Inc	Ordinary Shares	644722100	765	53,450	SH		SOLE		53,450	0	0
Nuverra Environmental Solutions Inc	Ordinary Shares	67091K104	720	248,416	SH		SOLE		248,416	0	0
Access National Corp	Ordinary Shares	004337101	662	51,000	SH		SOLE		51,000	0	0
Sunstone Hotel Investors Inc	Real Estate Trust	867892101	519	43,000	SH		SOLE		43,000	0	0
Teva Pharmaceutical Industries Ltd	American Depository Receipts	881624209	478	12,201	SH		SOLE		12,201	0	0
Industrias Bachoco SAB de CV	American Depository Receipts	456463108	416	12,000	SH		SOLE		12,000	0	0
HDFC Bank Ltd	American Depository Receipts	40415F101	400	11,050	SH		SOLE		11,050	0	0
ANSYS Inc	Ordinary Shares	03662Q105	387	5,300	SH		SOLE		5,300	0	0
Crimson Wine Group Ltd	Ordinary Shares	22662X100	383	45,000	SH		SOLE		45,000	0	0
Capstead Mortgage Corp	Real Estate Trust	14067E506	303	25,000	SH		SOLE		25,000	0	0
Sterlite Industries (India) Ltd	American Depository Receipts	859737207	292	50,080	SH		SOLE		50,080	0	0
Statoil ASA	American Depository Receipts	002763129	269	13,000	SH		SOLE		13,000	0	0
Tri Pointe Homes Inc	Ordinary Shares	87265H109	216	13,000	SH		SOLE		13,000	0	0