Copeland Capital 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
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
TPG TELECOM LIMITED	COM	6351876	899	128,291	SH		OTR	128,291	0	0	0
ALIMENTATION COUCHE-TARD INC	COM	2011646	662	16,632	SH		OTR	16,632	0	0	0
CANADIAN NATIONAL RAILWAY INC	COM	2180632	626	9,355	SH		OTR	9,355	0	0	0
COGECO CABLE INC	COM	2205762	537	10,032	SH		OTR	10,032	0	0	0
GILDAN ACTIVEWEAR INC	COM	2254645	955	32,446	SH		OTR	32,446	0	0	0
SUNCOR ENERGY INC	COM	B3NB1P2	373	12,794	SH		OTR	12,794	0	0	0
NOVO NORDISK	COM	BHC8X90	865	16,165	SH		OTR	16,165	0	0	0
ANHEUSER-BUSCH INBEV SA	COM	4755317	674	5,516	SH		OTR	5,516	0	0	0
FRESENIUS SE & CO.KGaA	COM	4352097	888	14,882	SH		OTR	14,882	0	0	0
HENKEL AF AND CO	COM	5076705	308	2,620	SH		OTR	2,620	0	0	0
IMERYS SA	COM	B011GL4	713	9,717	SH		OTR	9,717	0	0	0
INGENICO SA	COM	4196897	629	5,730	SH		OTR	5,730	0	0	0
KERRY GROUP PLC CLASS A	COM	4519579	708	10,555	SH		OTR	10,555	0	0	0
SAFRAN SA	COM	B058TZ6	1,143	16,384	SH		OTR	16,384	0	0	0
ABERDEEN ASSET MANAGEMENT	COM	0003128	617	90,550	SH		OTR	90,550	0	0	0
AMLIN PLC	COM	B2988H1	826	110,305	SH		OTR	110,305	0	0	0
BETFAIR GROUP PLC	COM	BSPL1J9	661	19,963	SH		OTR	19,963	0	0	0
BT GROUP PLC	COM	3091357	957	147,384	SH		OTR	147,384	0	0	0
CAPITA PLC	COM	B23K0M2	1,295	78,281	SH		OTR	78,281	0	0	0
CLOSE BROTHERS GROUP PLC	COM	0766807	571	24,715	SH		OTR	24,715	0	0	0
EASYJET PLC	COM	B7KR2P8	695	24,917	SH		OTR	24,917	0	0	0
IMPERIAL TOBACCO GROUP PLC	COM	0454492	806	18,353	SH		OTR	18,353	0	0	0
NEXT PLC	COM	3208986	614	5,896	SH		OTR	5,896	0	0	0
RECKITT BENCKISER GROUP PLC	COM	B24CGK7	309	3,600	SH		OTR	3,600	0	0	0
RIGHTMOVE PLC	COM	B2987V8	761	17,125	SH		OTR	17,125	0	0	0
SMITH & NEPHEW PLC	COM	0922320	1,212	71,511	SH		OTR	71,511	0	0	0
WHITBREAD PLC	COM	B1KJJ40	773	9,951	SH		OTR	9,951	0	0	0
CHEUNG KONG INFRASTRUCTURE HOL	COM	6212553	926	107,697	SH		OTR	107,697	0	0	0
TECHTRONIC INDUSTRIES CO LTD	COM	B0190C7	1,038	307,248	SH		OTR	307,248	0	0	0
TENCENT HOLDINGS INC	COM	BMMV2K8	817	43,042	SH		OTR	43,042	0	0	0
PT BANK RAKYAT INDONESIA	COM	6709099	393	389,900	SH		OTR	389,900	0	0	0
CALBEE INC	COM	B3TBRZ8	683	15,692	SH		OTR	15,692	0	0	0
FUJI HEAVY INDUSTRIES LTD	COM	6356406	276	8,300	SH		OTR	8,300	0	0	0
KDDI CORP	COM	6248990	769	33,969	SH		OTR	33,969	0	0	0
SAWAI PHARMACEUTICALS CO LTD	COM	6784955	225	3,800	SH		OTR	3,800	0	0	0
SKANDINAVISKA ENSKILDA	COM	4813345	587	50,176	SH		OTR	50,176	0	0	0
UNIBET GROUP PLC SHRS SWEDISH	COM	B1GDH86	544	9,943	SH		OTR	9,943	0	0	0
SIAM COMERCIAL BANK PUBLIC CO	COM	6889924	840	153,511	SH		OTR	153,511	0	0	0
ECLAT TEXTILE CO. LTD	COM	6345783	1,053	80,000	SH		OTR	80,000	0	0	0
3M COMPANY	COM	88579Y101	247	1,500	SH		OTR	1,500	0	0	0
ABBVIE INC	COM	00287Y109	341	5,826	SH		OTR	5,718	0	0	0
ACE LTD	COM	H0023R105	14,104	126,504	SH		OTR	126,504	0	0	0
AIRGAS	COM	009363102	18,974	178,815	SH		OTR	168,286	0	0	0
AIRGAS	COM	009363102	3,023	28,494	SH		OTR	0	0	0	0
AIRGAS	COM	009363102	16	155	SH		OTR	0	0	0	0
AIRGAS	COM	009363102	14	133	SH		OTR	133	0	0	0
ALLIANCE RES PARTNERS LP	COM	01877R108	3,136	93,798	SH		OTR	2,173	0	0	0
ALTRA INDUSTRIAL MOTION	COM	02208R106	5,389	194,959	SH		OTR	112,570	0	0	0
ALTRIA GROUP INC	COM	02209S103	238	4,763	SH		OTR	4,413	0	0	0
AMERICAN STATES WATER COMPANY	COM	029899101	10,725	268,854	SH		OTR	137,158	0	0	0
AMERICAN TOWER	COM	03027X100	2,283	24,250	SH		OTR	23,465	0	0	0
AMERICAN TOWER	COM	03027X100	15	164	SH		OTR	164	0	0	0
AMERIPRISE FINANCIAL INC	COM	03076C106	17,673	135,076	SH		OTR	134,250	0	0	0
AMERIPRISE FINANCIAL INC	COM	03076C106	4,191	32,032	SH		OTR	0	0	0	0
AMERIPRISE FINANCIAL INC	COM	03076C106	28	213	SH		OTR	0	0	0	0
AMERIPRISE FINANCIAL INC	COM	03076C106	17	132	SH		OTR	132	0	0	0
ANADARKO PETE CORP	COM	032511107	662	8,000	SH		OTR	8,000	0	0	0
APACHE CORP	COM	037411105	402	6,666	SH		OTR	6,666	0	0	0
APPLE INC	COM	037833100	683	5,491	SH		OTR	4,905	0	0	0
AUTO DATA PROCESSING	COM	053015103	1,147	13,392	SH		OTR	12,026	0	0	0
BANK OF THE OZARKS	COM	063904106	28,838	780,879	SH		OTR	608,393	0	0	0
BANK OF THE OZARKS	COM	063904106	4,126	111,723	SH		OTR	0	0	0	0
BANK OF THE OZARKS	COM	063904106	26	716	SH		OTR	0	0	0	0
BANK OF THE OZARKS	COM	063904106	15	402	SH		OTR	402	0	0	0
BAXTER INTERNATIONAL INC.	COM	071813109	14,652	213,894	SH		OTR	213,894	0	0	0
BAXTER INTERNATIONAL INC.	COM	071813109	3,041	44,400	SH		OTR	0	0	0	0
BAXTER INTERNATIONAL INC.	COM	071813109	18	269	SH		OTR	0	0	0	0
BAXTER INTERNATIONAL INC.	COM	071813109	12	170	SH		OTR	170	0	0	0
BLACKROCK INC	COM	09247X101	14,869	40,644	SH		OTR	40,378	0	0	0
BRINKER INTL INC	COM	109641100	25,036	406,687	SH		OTR	321,166	0	0	0
BRINKER INTL INC	COM	109641100	3,037	49,336	SH		OTR	0	0	0	0
BRINKER INTL INC	COM	109641100	18	299	SH		OTR	0	0	0	0
BROADCOM	COM	111320107	14,018	323,773	SH		OTR	323,773	0	0	0
BROADCOM	COM	111320107	13	293	SH		OTR	293	0	0	0
BROADRIDGE FINANCIAL SOLUTIONS	COM	11133T103	1,107	20,121	SH		OTR	2,184	0	0	0
CANADIAN NATIONAL RAILWAY	COM	136375102	996	14,894	SH		OTR	13,120	0	0	0
CARDINAL HEALTH	COM	14149Y108	20,209	223,872	SH		OTR	222,575	0	0	0
CARDINAL HEALTH	COM	14149Y108	4,573	50,663	SH		OTR	0	0	0	0
CARDINAL HEALTH	COM	14149Y108	29	318	SH		OTR	0	0	0	0
CASEY'S GENERAL STORES	COM	147528103	27,722	307,685	SH		OTR	248,760	0	0	0
CASEY'S GENERAL STORES	COM	147528103	4,302	47,745	SH		OTR	0	0	0	0
CASEY'S GENERAL STORES	COM	147528103	27	297	SH		OTR	0	0	0	0
CASEY'S GENERAL STORES	COM	147528103	17	193	SH		OTR	193	0	0	0
CHEMED CORP	COM	16359R103	23,602	197,670	SH		OTR	158,206	0	0	0
CHURCH & DWIGHT	COM	171340102	21,283	249,154	SH		OTR	232,329	0	0	0
CHURCH & DWIGHT	COM	171340102	3,021	35,370	SH		OTR	0	0	0	0
CHURCH & DWIGHT	COM	171340102	18	213	SH		OTR	0	0	0	0
CHURCH & DWIGHT	COM	171340102	17	197	SH		OTR	197	0	0	0
CHURCHILL DOWNS INC	COM	171484108	9,596	83,466	SH		OTR	41,491	0	0	0
COMCAST CORP	COM	20030N200	16,771	299,133	SH		OTR	297,391	0	0	0
COMCAST CORP	COM	20030N200	3,515	62,688	SH		OTR	0	0	0	0
COMCAST CORP	COM	20030N200	22	385	SH		OTR	0	0	0	0
COMCAST CORP	COM	20030N200	16	294	SH		OTR	294	0	0	0
COMPASS MINERALS INTL	COM	20451N101	1,177	12,625	SH		OTR	1,281	0	0	0
COMPUTER PROGRAMS & SYSTEMS	COM	205306103	7,300	134,544	SH		OTR	68,256	0	0	0
CORE LABORATORIES N.V.	COM	N22717107	993	9,504	SH		OTR	2,141	0	0	0
CORE LABORATORIES N.V.	COM	N22717107	8	81	SH		OTR	81	0	0	0
CORE-MARK HOLDING COMPANY	COM	218681104	8,202	127,512	SH		OTR	61,059	0	0	0
CORPORATE EXECUTIVE BOARD	COM	21988R102	10,921	136,758	SH		OTR	71,513	0	0	0
CORPORATE EXECUTIVE BOARD	COM	21988R102	16	195	SH		OTR	195	0	0	0
COSTCO WHOLESALE	COM	22160K105	16,470	108,716	SH		OTR	108,716	0	0	0
CUMMINS	COM	231021106	14,223	102,587	SH		OTR	101,914	0	0	0
CUMMINS	COM	231021106	2,281	16,451	SH		OTR	0	0	0	0
CUMMINS	COM	231021106	12	90	SH		OTR	0	0	0	0
CUMMINS	COM	231021106	13	94	SH		OTR	94	0	0	0
CVS HEALTH CORP	COM	126650100	19,615	190,053	SH		OTR	188,514	0	0	0
CVS HEALTH CORP	COM	126650100	3,864	37,435	SH		OTR	0	0	0	0
CVS HEALTH CORP	COM	126650100	25	242	SH		OTR	0	0	0	0
CVS HEALTH CORP	COM	126650100	17	164	SH		OTR	164	0	0	0
DISNEY WALT	COM	254687106	1,961	18,694	SH		OTR	18,694	0	0	0
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	468	5,965	SH		OTR	5,665	0	0	0
DUPONT FABROS TECHNOLOGY INC	COM	26613Q106	7,480	228,893	SH		OTR	128,580	0	0	0
ECOLAB	COM	278865100	18,161	158,782	SH		OTR	158,024	0	0	0
ECOLAB	COM	278865100	3,496	30,564	SH		OTR	0	0	0	0
ECOLAB	COM	278865100	23	202	SH		OTR	0	0	0	0
ENLINK MIDSTREAM LLC	COM	29336T100	945	29,031	SH		OTR	3,317	0	0	0
ENTERPRISE PRD PRTNRS LP	COM	293792107	839	25,490	SH		OTR	23,682	0	0	0
EVERCORE PARTNERS INC. CLASS A	COM	29977A105	7,745	149,932	SH		OTR	73,405	0	0	0
EVERSOURCE ENERGY	COM	30040W108	10,747	212,724	SH		OTR	212,724	0	0	0
EVERSOURCE ENERGY	COM	30040W108	2,373	46,974	SH		OTR	0	0	0	0
EVERSOURCE ENERGY	COM	30040W108	14	283	SH		OTR	0	0	0	0
EXPONENT INC	COM	30214U102	8,817	99,181	SH		OTR	57,422	0	0	0
EXXON MOBIL CORP	COM	30231G102	601	7,074	SH		OTR	6,274	0	0	0
FACTSET RESEARCH SYSTEMS INC	COM	303075105	1,335	8,384	SH		OTR	828	0	0	0
FEI COMPANY	COM	30241L109	4,582	60,021	SH		OTR	33,749	0	0	0
FRANKLIN ELECTRIC	COM	353514102	3,314	86,884	SH		OTR	50,173	0	0	0
G&K SERVICES	COM	361268105	9,500	130,986	SH		OTR	65,566	0	0	0
G&K SERVICES	COM	361268105	16	227	SH		OTR	227	0	0	0
GAMESTOP CORP CLASS A	COM	36467W109	1,044	27,505	SH		OTR	2,619	0	0	0
GENERAL ELECTRIC	COM	369604103	1,549	62,433	SH		OTR	62,250	0	0	0
GILDAN ACTIVEWEAR INC	COM	375916103	1,188	40,232	SH		OTR	3,802	0	0	0
HARRIS CORPORATION	COM	413875105	1,345	17,081	SH		OTR	1,600	0	0	0
HEALTHCARE SERVICES GROUP	COM	421906108	10,796	336,021	SH		OTR	171,369	0	0	0
HEARTLAND PAYMENT SYSTEMS	COM	42235N108	9,910	211,516	SH		OTR	108,012	0	0	0
HEARTLAND PAYMENT SYSTEMS	COM	42235N108	15	320	SH		OTR	320	0	0	0
HEICO CORP	COM	422806109	12,449	203,844	SH		OTR	108,100	0	0	0
HEICO CORP	COM	422806109	20	327	SH		OTR	327	0	0	0
HOME BANCSHARES INC	COM	436893200	9,397	277,279	SH		OTR	142,546	0	0	0
HOME DEPOT INC	COM	437076102	17,801	156,682	SH		OTR	155,666	0	0	0
INFOSYS LTD ADR	COM	456788108	756	21,541	SH		OTR	21,541	0	0	0
INNOPHOS HOLDINGS INC	COM	45774N108	7,035	124,831	SH		OTR	60,521	0	0	0
INTERNATIONAL PAPER COMPANY	COM	460146103	10,436	188,077	SH		OTR	188,077	0	0	0
INTERNATIONAL PAPER COMPANY	COM	460146103	2,874	51,792	SH		OTR	0	0	0	0
INTERNATIONAL PAPER COMPANY	COM	460146103	17	313	SH		OTR	0	0	0	0
INTL FLAVORS & FRAGRANCES	COM	459506101	11,797	100,485	SH		OTR	91,458	0	0	0
INVESCO LTD	COM	BMG491BT1	318	8,000	SH		OTR	8,000	0	0	0
ITC HOLDINGS CORP	COM	465685105	13,673	365,289	SH		OTR	365,289	0	0	0
ITC HOLDINGS CORP	COM	465685105	2,191	58,537	SH		OTR	0	0	0	0
ITC HOLDINGS CORP	COM	465685105	13	353	SH		OTR	0	0	0	0
J & J SNACK FOODS CORP	COM	466032109	11,120	104,219	SH		OTR	54,428	0	0	0
J & J SNACK FOODS CORP	COM	466032109	16	152	SH		OTR	152	0	0	0
J2 GLOBAL COMMUNICATIONS INC	COM	48123V102	13,091	199,320	SH		OTR	103,981	0	0	0
J2 GLOBAL COMMUNICATIONS INC	COM	48123V102	18	279	SH		OTR	279	0	0	0
JACK HENRY & ASSOCIATES INC	COM	426281101	27,313	390,793	SH		OTR	314,910	0	0	0
JACK HENRY & ASSOCIATES INC	COM	426281101	3,636	52,027	SH		OTR	0	0	0	0
JACK HENRY & ASSOCIATES INC	COM	426281101	22	315	SH		OTR	0	0	0	0
JOHNSON & JOHNSON	COM	478160104	495	4,922	SH		OTR	4,922	0	0	0
KANSAS CITY SOUTHERN	COM	485170302	1,160	11,362	SH		OTR	1,401	0	0	0
KINDER MORGAN	COM	49456B101	2,905	69,066	SH		OTR	67,120	0	0	0
KINDER MORGAN	COM	49456B101	12	292	SH		OTR	292	0	0	0
KROGER	COM	501044101	17,535	228,733	SH		OTR	227,376	0	0	0
KROGER	COM	501044101	2,795	36,460	SH		OTR	0	0	0	0
KROGER	COM	501044101	17	221	SH		OTR	0	0	0	0
LAZARD LTD-CL A	COM	G54050102	18,840	358,235	SH		OTR	333,218	0	0	0
LAZARD LTD-CL A	COM	G54050102	2,626	49,940	SH		OTR	0	0	0	0
LAZARD LTD-CL A	COM	G54050102	16	301	SH		OTR	0	0	0	0
LINDSAY MFG CO	COM	535555106	5,588	73,286	SH		OTR	35,778	0	0	0
LITHIA MOTORS INC	COM	536797103	10,452	105,142	SH		OTR	51,787	0	0	0
LITTELFUSE INC	COM	537008104	8,181	82,310	SH		OTR	48,850	0	0	0
LOCKHEED MARTIN	COM	539830109	17,056	84,034	SH		OTR	84,034	0	0	0
LOCKHEED MARTIN	COM	539830109	3,513	17,309	SH		OTR	0	0	0	0
LOCKHEED MARTIN	COM	539830109	22	110	SH		OTR	0	0	0	0
MCDONALDS	COM	580135101	259	2,655	SH		OTR	2,575	0	0	0
MEAD JOHNSON NUTRITION CO	COM	582839106	17,132	170,421	SH		OTR	170,421	0	0	0
MEAD JOHNSON NUTRITION CO	COM	582839106	3,501	34,822	SH		OTR	0	0	0	0
MEAD JOHNSON NUTRITION CO	COM	582839106	21	210	SH		OTR	0	0	0	0
MEDTRONIC PLC	COM	G5960L103	15,618	200,251	SH		OTR	199,382	0	0	0
MEDTRONIC PLC	COM	G5960L103	9	111	SH		OTR	111	0	0	0
MONOTYPE IMAGING HOLDINGS INC	COM	61022P100	10,319	316,140	SH		OTR	161,269	0	0	0
MONSANTO	COM	61166W101	18,071	160,576	SH		OTR	159,841	0	0	0
MONSANTO	COM	61166W101	2,570	22,834	SH		OTR	0	0	0	0
MONSANTO	COM	61166W101	16	138	SH		OTR	0	0	0	0
MONSANTO	COM	61166W101	12	109	SH		OTR	109	0	0	0
MOVADO GROUP INC.	COM	624580106	4,353	152,633	SH		OTR	88,141	0	0	0
MSC INDL DIRECT INC CL A	COM	553530106	2,264	31,351	SH		OTR	19,637	0	0	0
NATIONAL OILWELL VARCO	COM	637071101	874	17,490	SH		OTR	17,490	0	0	0
NATIONAL OILWELL VARCO	COM	637071101	8	166	SH		OTR	166	0	0	0
NEW JERSEY RESOURCES	COM	646025106	13,964	449,581	SH		OTR	449,581	0	0	0
NEWMARKET	COM	651587107	24,818	51,943	SH		OTR	41,112	0	0	0
NEWMARKET	COM	651587107	20	42	SH		OTR	42	0	0	0
NEXTERA ENERGY	COM	65339F101	8,415	80,879	SH		OTR	80,879	0	0	0
NORDSON CORP	COM	655663102	15,301	195,319	SH		OTR	182,041	0	0	0
NORDSON CORP	COM	655663102	3,040	38,801	SH		OTR	0	0	0	0
NORDSON CORP	COM	655663102	20	253	SH		OTR	0	0	0	0
NORDSON CORP	COM	655663102	14	173	SH		OTR	173	0	0	0
NORFOLK SOUTHERN CORP	COM	655844108	1,946	18,904	SH		OTR	18,904	0	0	0
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	17,133	320,895	SH		OTR	319,075	0	0	0
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	4,367	81,801	SH		OTR	0	0	0	0
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	22	420	SH		OTR	0	0	0	0
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	17	315	SH		OTR	315	0	0	0
NRG YIELD	COM	62942X108	10,866	214,188	SH		OTR	113,232	0	0	0
NU SKIN ENTERPRISES INC - A	COM	67018T105	11,620	192,995	SH		OTR	178,183	0	0	0
NU SKIN ENTERPRISES INC - A	COM	67018T105	15	242	SH		OTR	242	0	0	0
OMEGA HEALTHCARE INVESTORS	COM	681936100	16,416	404,641	SH		OTR	374,460	0	0	0
OMEGA HEALTHCARE INVESTORS	COM	681936100	2,935	72,334	SH		OTR	0	0	0	0
OMEGA HEALTHCARE INVESTORS	COM	681936100	18	438	SH		OTR	0	0	0	0
OMEGA HEALTHCARE INVESTORS	COM	681936100	18	433	SH		OTR	433	0	0	0
ONEOK	COM	682680103	249	5,156	SH		OTR	5,156	0	0	0
ONEOK	COM	682680103	11	229	SH		OTR	229	0	0	0
PARKER HANNIFIN	COM	701094104	14,341	120,735	SH		OTR	120,735	0	0	0
PARKER HANNIFIN	COM	701094104	13	112	SH		OTR	112	0	0	0
PFIZER	COM	717081103	263	7,562	SH		OTR	7,562	0	0	0
PHILIP MORRIS INTL	COM	718172109	213	2,822	SH		OTR	2,662	0	0	0
PHILLIPS 66	COM	718546104	1,635	20,800	SH		OTR	20,800	0	0	0
PHILLIPS 66	COM	718546104	15	195	SH		OTR	195	0	0	0
PHILLIPS 66 PARTNERS LP	COM	718549207	4,629	65,496	SH		OTR	1,401	0	0	0
POLARIS INDUSTRIES	COM	731068102	17,811	126,233	SH		OTR	117,089	0	0	0
POLARIS INDUSTRIES	COM	731068102	3,707	26,272	SH		OTR	0	0	0	0
POLARIS INDUSTRIES	COM	731068102	22	158	SH		OTR	0	0	0	0
POLARIS INDUSTRIES	COM	731068102	13	94	SH		OTR	94	0	0	0
POOL CORP	COM	73278L105	11,897	170,538	SH		OTR	88,584	0	0	0
POWER INTEGRATIONS, INC	COM	739276103	7,220	138,633	SH		OTR	66,787	0	0	0
PRAXAIR INC	COM	74005P104	1,888	15,636	SH		OTR	15,601	0	0	0
PROSPERITY BANCSHARES	COM	743606105	3,208	61,135	SH		OTR	36,710	0	0	0
PROSPERITY BANCSHARES	COM	743606105	14	262	SH		OTR	262	0	0	0
QUAKER CHEMICAL CORP	COM	747316107	7,918	92,455	SH		OTR	53,598	0	0	0
QUALCOMM	COM	747525103	15,110	217,918	SH		OTR	217,918	0	0	0
QUALCOMM	COM	747525103	3,025	43,622	SH		OTR	0	0	0	0
QUALCOMM	COM	747525103	16	234	SH		OTR	0	0	0	0
QUALCOMM	COM	747525103	12	166	SH		OTR	166	0	0	0
QUEST DIAGNOSTICS	COM	74834L100	1,126	14,650	SH		OTR	946	0	0	0
RESMED INC	COM	761152107	1,387	19,321	SH		OTR	2,480	0	0	0
RETAIL OPPORTUNITY INVST CORP	COM	76131N101	11,656	636,915	SH		OTR	326,160	0	0	0
RITCHIE BROS AUCTIONEERS	COM	767744105	8,380	336,024	SH		OTR	152,461	0	0	0
ROCKWELL AUTOMATION	COM	773903109	1,036	8,936	SH		OTR	8,341	0	0	0
ROSS STORES	COM	778296103	3,730	35,403	SH		OTR	33,829	0	0	0
ROSS STORES	COM	778296103	19	180	SH		OTR	180	0	0	0
SABRA HEALTH CARE REIT	COM	78573L106	3,022	91,150	SH		OTR	1,892	0	0	0
SCRIPPS NETWORKS INTER-CL A	COM	811065101	1,352	19,727	SH		OTR	6,516	0	0	0
SCRIPPS NETWORKS INTER-CL A	COM	811065101	12	175	SH		OTR	175	0	0	0
SEMGROUP CORPORATION CLASS A	COM	81663A105	10,113	124,336	SH		OTR	63,384	0	0	0
SIGMA-ALDRICH	COM	826552101	806	5,827	SH		OTR	5,827	0	0	0
SNAP-ON INC	COM	833034101	1,479	10,056	SH		OTR	1,109	0	0	0
SOLERA HOLDINGS	COM	83421A104	15,275	295,684	SH		OTR	275,878	0	0	0
SOLERA HOLDINGS	COM	83421A104	3,090	59,817	SH		OTR	0	0	0	0
SOLERA HOLDINGS	COM	83421A104	19	361	SH		OTR	0	0	0	0
SOLERA HOLDINGS	COM	83421A104	11	214	SH		OTR	214	0	0	0
SOUTH STATE CORP.	COM	840441109	8,040	117,556	SH		OTR	66,123	0	0	0
STANDARD MOTOR PRODUCTS	COM	853666105	9,145	216,399	SH		OTR	108,806	0	0	0
STANDARD MOTOR PRODUCTS	COM	853666105	16	383	SH		OTR	383	0	0	0
STARBUCKS CORP	COM	855244109	1,586	16,747	SH		OTR	16,747	0	0	0
STERIS CORP	COM	859152100	12,710	180,876	SH		OTR	95,730	0	0	0
SUNCOR ENERGY	COM	867224107	1,805	61,723	SH		OTR	59,913	0	0	0
SUNOCO LOGISTICS PARTNERS L.P	COM	86764L108	2,038	49,308	SH		OTR	23,342	0	0	0
T ROWE PRICE GROUP INC	COM	74144T108	16,377	202,237	SH		OTR	201,177	0	0	0
T ROWE PRICE GROUP INC	COM	74144T108	2,245	27,728	SH		OTR	0	0	0	0
T ROWE PRICE GROUP INC	COM	74144T108	13	166	SH		OTR	0	0	0	0
T ROWE PRICE GROUP INC	COM	74144T108	13	157	SH		OTR	157	0	0	0
TARGA RESOURCES CORP	COM	87612G101	6,489	67,746	SH		OTR	39,047	0	0	0
TARGA RESOURCES CORP	COM	87612G101	8	82	SH		OTR	82	0	0	0
TE CONNECTIVITY LTD	COM	H84989104	15,128	211,222	SH		OTR	211,222	0	0	0
TE CONNECTIVITY LTD	COM	H84989104	14	194	SH		OTR	194	0	0	0
TEVA PHARMACEUTICAL ADR	COM	881624209	16,040	257,470	SH		OTR	257,470	0	0	0
TEVA PHARMACEUTICAL ADR	COM	881624209	14	219	SH		OTR	219	0	0	0
THE ENSIGN GROUP INC	COM	29358P101	9,640	205,717	SH		OTR	106,269	0	0	0
THOR INDUSTRIES INC	COM	885160101	8,796	139,150	SH		OTR	69,617	0	0	0
TIME WARNER INC NEW	COM	887317303	2,315	27,420	SH		OTR	27,420	0	0	0
TJX COMPANIES INC	COM	872540109	15,673	223,743	SH		OTR	223,743	0	0	0
TJX COMPANIES INC	COM	872540109	3,604	51,452	SH		OTR	0	0	0	0
TJX COMPANIES INC	COM	872540109	23	331	SH		OTR	0	0	0	0
TRACTOR SUPPLY CO COM	COM	892356106	3,065	36,034	SH		OTR	20,583	0	0	0
UGI CORP	COM	902681105	12,263	376,271	SH		OTR	376,271	0	0	0
UGI CORP	COM	902681105	2,769	84,965	SH		OTR	0	0	0	0
UGI CORP	COM	902681105	17	515	SH		OTR	0	0	0	0
UNION PACIFIC	COM	907818108	14,877	137,360	SH		OTR	137,360	0	0	0
UNION PACIFIC	COM	907818108	3,383	31,236	SH		OTR	0	0	0	0
UNION PACIFIC	COM	907818108	18	170	SH		OTR	0	0	0	0
UNION PACIFIC	COM	907818108	13	120	SH		OTR	120	0	0	0
UNITED PARCEL SERVICE CLASS B	COM	911312106	1,626	16,776	SH		OTR	16,776	0	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	1,006	8,581	SH		OTR	7,586	0	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	21,719	183,610	SH		OTR	182,535	0	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	5,195	43,918	SH		OTR	0	0	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	31	264	SH		OTR	0	0	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	22	187	SH		OTR	187	0	0	0
VALMONT INDUSTRIES	COM	920253101	881	7,166	SH		OTR	589	0	0	0
VALSPAR	COM	920355104	19,062	226,844	SH		OTR	212,934	0	0	0
VALSPAR	COM	920355104	3,222	38,346	SH		OTR	0	0	0	0
VALSPAR	COM	920355104	19	231	SH		OTR	0	0	0	0
VERIZON COMMUNICATIONS	COM	92343V104	10,207	209,895	SH		OTR	209,895	0	0	0
VERIZON COMMUNICATIONS	COM	92343V104	2,979	61,259	SH		OTR	0	0	0	0
VERIZON COMMUNICATIONS	COM	92343V104	18	371	SH		OTR	0	0	0	0
VF CORP	COM	918204108	15,404	204,541	SH		OTR	203,110	0	0	0
VISA	COM	92826C839	17,962	274,612	SH		OTR	272,812	0	0	0
VISA	COM	92826C839	3,536	54,058	SH		OTR	0	0	0	0
VISA	COM	92826C839	19	284	SH		OTR	0	0	0	0
VISA	COM	92826C839	18	272	SH		OTR	272	0	0	0
WADDELL & REED	COM	930059100	875	17,666	SH		OTR	2,504	0	0	0
WASTE CONNECTIONS	COM	941053100	12,126	251,898	SH		OTR	228,986	0	0	0
WASTE CONNECTIONS	COM	941053100	15	304	SH		OTR	304	0	0	0
WESTWOOD HOLDINGS GROUP	COM	961765104	530	8,785	SH		OTR	8,445	0	0	0
WISCONSIN ENERGY	COM	976657106	13,572	274,181	SH		OTR	274,181	0	0	0
WISCONSIN ENERGY	COM	976657106	2,450	49,503	SH		OTR	0	0	0	0
WISCONSIN ENERGY	COM	976657106	15	301	SH		OTR	0	0	0	0
WW GRAINGER	COM	384802104	15,827	67,119	SH		OTR	66,822	0	0	0
WW GRAINGER	COM	384802104	2,063	8,749	SH		OTR	0	0	0	0
WW GRAINGER	COM	384802104	11	48	SH		OTR	0	0	0	0
WW GRAINGER	COM	384802104	13	54	SH		OTR	54	0	0	0
WYNDHAM WORLDWIDE CORP	COM	98310W108	19,596	216,601	SH		OTR	203,825	0	0	0
WYNDHAM WORLDWIDE CORP	COM	98310W108	2,466	27,262	SH		OTR	0	0	0	0
WYNDHAM WORLDWIDE CORP	COM	98310W108	15	165	SH		OTR	0	0	0	0
WYNDHAM WORLDWIDE CORP	COM	98310W108	12	136	SH		OTR	136	0	0	0
XILINX	COM	983919101	15,409	364,285	SH		OTR	343,299	0	0	0
XILINX	COM	983919101	2,023	47,831	SH		OTR	0	0	0	0
XILINX	COM	983919101	12	289	SH		OTR	0	0	0	0
XILINX	COM	983919101	10	242	SH		OTR	242	0	0	0
CAPITEC BANK HOLDINGS LIMITED	COM	6440859	357	8,226	SH		OTR	8,226	0	0	0
LIFE HEALTHCARE GROUP HOLDINGS	COM	B4K90R1	266	76,081	SH		OTR	76,081	0	0	0
WOOLWORTHS HOLDINGS LTD	COM	B06KZ97	596	83,749	SH		OTR	83,749	0	0	0
TORTOISE EGY INFRASTRUCT	MUTCLS	89147L100	214	5,080	SH		OTR	5,080	0	0	0