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
BCE INC	COM	00B188TH2	407	8,401	SH		SOLE		8,401	0	0
FORTIS INC	COM	002347200	420	9,920	SH		SOLE		9,920	0	0
NESTLE S.A.	COM	007123870	393	3,620	SH		SOLE		3,620	0	0
DANONE SA	COM	00B1Y9TB3	456	5,178	SH		SOLE		5,178	0	0
DEUTSCHE TELEKOM INC	COM	005842359	250	14,885	SH		SOLE		14,885	0	0
HEINEKEN HOLDING	COM	00B0CCH46	391	3,929	SH		SOLE		3,929	0	0
MTU AERO ENGINES AG	COM	00B09DHL9	286	1,075	SH		SOLE		1,075	0	0
PERNOD RICARD SA	COM	004682329	279	1,569	SH		SOLE		1,569	0	0
PENNON GROUP PLC	COM	00B18V863	331	32,526	SH		SOLE		32,526	0	0
CHINA MOBILE LIMITED	COM	006073556	182	22,000	SH		SOLE		22,000	0	0
CITIC TELECOM INTERNATIONAL HO	COM	00B1VKZ88	9	26,000	SH		SOLE		26,000	0	0
CLP HOLDINGS LIMITED	COM	006097017	316	30,110	SH		SOLE		30,110	0	0
KAMIGUMI CORP LTD	COM	006482668	217	9,600	SH		SOLE		9,600	0	0
KEISEI ELECTRIC RAILWAY	COM	006487425	328	7,964	SH		SOLE		7,964	0	0
NIPPON TELEGRAPH AND TELEPHONE	COM	006641373	335	7,029	SH		SOLE		7,029	0	0
ORACLE CORP	COM	006141680	251	2,900	SH		SOLE		2,900	0	0
SHISEIDO COMPANY LIMITED	COM	006805265	311	3,900	SH		SOLE		3,900	0	0
UNICHARM CORPORATION	COM	006911485	481	15,200	SH		SOLE		15,200	0	0
3M COMPANY	COM	88579Y101	247	1,500	SH		SOLE		1,500	0	0
AARONS INC	COM	002535300	11,319	176,142	SH		SOLE		168,812	0	7,330
AARONS INC	COM	002535300	1,071	16,663	SH		DFND		0	0	16,663
AARONS INC	COM	002535300	2,466	38,369	SH		DFND	4	0	0	38,369
ACCENTURE PLC	COM	G1151C101	3,847	20,002	SH		SOLE		20,002	0	0
ACCENTURE PLC	COM	G1151C101	19	97	SH		DFND	3	97	0	0
ADT INC	COM	00090Q103	2,129	339,474	SH		SOLE		339,474	0	0
ADT INC	COM	00090Q103	1,452	231,528	SH		DFND		0	0	231,528
ADT INC	COM	00090Q103	3,341	532,860	SH		DFND	4	0	0	532,860
AIR PRODUCTS AND CHEMICALS	COM	009158106	2,543	11,462	SH		SOLE		11,462	0	0
AIR PRODUCTS AND CHEMICALS	COM	009158106	20	88	SH		DFND	3	88	0	0
ALEXANDRIA REAL ESTATE EQUITIE	COM	015271109	3,185	20,677	SH		SOLE		20,677	0	0
ALEXANDRIA REAL ESTATE EQUITIE	COM	015271109	2,187	14,196	SH		DFND		0	0	14,196
ALEXANDRIA REAL ESTATE EQUITIE	COM	015271109	20	131	SH		DFND	3	131	0	0
ALEXANDRIA REAL ESTATE EQUITIE	COM	015271109	5,032	32,667	SH		DFND	4	0	0	32,667
ALGONQUIN POWER AND UTILITIES	COM	015857105	36,749	2,682,442	SH		SOLE		2,590,606	0	91,836
ALGONQUIN POWER AND UTILITIES	COM	015857105	2,351	171,590	SH		DFND		0	0	171,590
ALGONQUIN POWER AND UTILITIES	COM	015857105	19	1,401	SH		DFND	3	1,401	0	0
ALGONQUIN POWER AND UTILITIES	COM	015857105	5,409	394,835	SH		DFND	4	0	0	394,835
ALLSTATE CORP	COM	020002101	179	1,647	SH		SOLE		1,647	0	0
ALLSTATE CORP	COM	020002101	23	208	SH		DFND	3	208	0	0
AMERICAN STATES WATER COMPANY	COM	029899101	29,283	325,875	SH		SOLE		314,747	0	11,128
AMERICAN STATES WATER COMPANY	COM	029899101	1,916	21,322	SH		DFND		0	0	21,322
AMERICAN STATES WATER COMPANY	COM	029899101	4,411	49,093	SH		DFND	4	0	0	49,093
AMERICAN TOWER CORPORATION	COM	03027X100	5,498	24,862	SH		SOLE		24,770	0	92
AMERICAN TOWER CORPORATION	COM	03027X100	20	90	SH		DFND	3	90	0	0
AMERICAN WATER WORKS COMPANY	COM	030420103	9,126	73,459	SH		SOLE		73,459	0	0
AMERICAN WATER WORKS COMPANY	COM	030420103	2,267	18,252	SH		DFND		0	0	18,252
AMERICAN WATER WORKS COMPANY	COM	030420103	22	176	SH		DFND	3	176	0	0
AMERICAN WATER WORKS COMPANY	COM	030420103	5,219	42,012	SH		DFND	4	0	0	42,012
AMERICOLD REALTY TRUST	COM	03064D108	26,789	722,650	SH		SOLE		695,008	0	27,642
AMERICOLD REALTY TRUST	COM	03064D108	2,055	55,432	SH		DFND		0	0	55,432
AMERICOLD REALTY TRUST	COM	03064D108	4,729	127,566	SH		DFND	4	0	0	127,566
AMERIPRISE FINANCIAL INC	COM	03076C106	3,708	25,207	SH		SOLE		25,128	0	79
AMERISAFE INC	COM	03071H100	17,914	270,965	SH		SOLE		259,432	0	11,533
APPLE INC	COM	037833100	7,726	34,494	SH		SOLE		34,433	0	61
APPLE INC	COM	037833100	25	110	SH		DFND	3	110	0	0
ATMOS ENERGY	COM	049560105	2,676	23,492	SH		SOLE		23,492	0	0
AUTOMATIC DATA PROCESSING	COM	053015103	1,214	7,518	SH		SOLE		7,418	0	100
BADGER METER INC.	COM	056525108	25,465	474,211	SH		SOLE		456,557	0	17,654
BADGER METER INC.	COM	056525108	1,997	37,180	SH		DFND		0	0	37,180
BADGER METER INC.	COM	056525108	4,595	85,561	SH		DFND	4	0	0	85,561
BANK OZK	COM	06417N103	25,842	947,625	SH		SOLE		911,070	0	36,555
BANK OZK	COM	06417N103	1,879	68,914	SH		DFND		0	0	68,914
BANK OZK	COM	06417N103	4,327	158,666	SH		DFND	4	0	0	158,666
BLACKROCK INC	COM	09247X101	2,678	6,010	SH		SOLE		5,981	0	29
BLACKROCK INC	COM	09247X101	21	47	SH		DFND	3	47	0	0
BLOOMIN BRANDS INC	COM	094235108	23,697	1,251,797	SH		SOLE		1,203,410	0	48,387
BLOOMIN BRANDS INC	COM	094235108	1,698	89,700	SH		DFND		0	0	89,700
BLOOMIN BRANDS INC	COM	094235108	3,824	201,982	SH		DFND	4	0	0	201,982
BOEING CO	COM	097023105	4,232	11,123	SH		SOLE		11,077	0	46
BROADCOM INC	COM	11135F101	7,142	25,871	SH		SOLE		25,806	0	65
BROADCOM INC	COM	11135F101	18	66	SH		DFND	3	66	0	0
BROADRIDGE FINANCIAL SOLUTIONS	COM	11133T103	9,929	79,796	SH		SOLE		79,677	0	119
BROADRIDGE FINANCIAL SOLUTIONS	COM	11133T103	2,103	16,900	SH		DFND		0	0	16,900
BROADRIDGE FINANCIAL SOLUTIONS	COM	11133T103	22	175	SH		DFND	3	175	0	0
BROADRIDGE FINANCIAL SOLUTIONS	COM	11133T103	4,839	38,889	SH		DFND	4	0	0	38,889
BWX TECHNOLOGIES	COM	05605H100	32,058	560,360	SH		SOLE		539,762	0	20,598
BWX TECHNOLOGIES	COM	05605H100	2,095	36,616	SH		DFND		0	0	36,616
BWX TECHNOLOGIES	COM	05605H100	4,821	84,261	SH		DFND	4	0	0	84,261
C H ROBINSON WORLDWIDE	COM	12541W209	2,947	34,759	SH		SOLE		34,759	0	0
CABLE ONE INC	COM	12685J105	32,587	25,972	SH		SOLE		25,065	0	907
CABLE ONE INC	COM	12685J105	2,120	1,690	SH		DFND		0	0	1,690
CABLE ONE INC	COM	12685J105	4,881	3,890	SH		DFND	4	0	0	3,890
CABOT MICROELECTRONICS CORPORA	COM	12709P103	27,489	194,670	SH		SOLE		187,410	0	7,260
CABOT MICROELECTRONICS CORPORA	COM	12709P103	2,132	15,097	SH		DFND		0	0	15,097
CABOT MICROELECTRONICS CORPORA	COM	12709P103	4,907	34,747	SH		DFND	4	0	0	34,747
CABOT OIL AND GAS	COM	127097103	4,169	237,278	SH		SOLE		236,968	0	310
CABOT OIL AND GAS	COM	127097103	1,646	93,654	SH		DFND		0	0	93,654
CABOT OIL AND GAS	COM	127097103	13	717	SH		DFND	3	717	0	0
CABOT OIL AND GAS	COM	127097103	3,788	215,615	SH		DFND	4	0	0	215,615
CALAVO GROWERS INC	COM	128246105	29,089	305,621	SH		SOLE		294,251	0	11,370
CALAVO GROWERS INC	COM	128246105	2,263	23,772	SH		DFND		0	0	23,772
CALAVO GROWERS INC	COM	128246105	5,189	54,520	SH		DFND	4	0	0	54,520
CANTEL MEDICAL CORP	COM	138098108	22,702	303,506	SH		SOLE		292,250	0	11,256
CANTEL MEDICAL CORP	COM	138098108	1,812	24,223	SH		DFND		0	0	24,223
CANTEL MEDICAL CORP	COM	138098108	4,168	55,718	SH		DFND	4	0	0	55,718
CASEY'S GENERAL STORES	COM	147528103	28,410	176,284	SH		SOLE		169,525	0	6,759
CASEY'S GENERAL STORES	COM	147528103	1,943	12,055	SH		DFND		0	0	12,055
CASEY'S GENERAL STORES	COM	147528103	21	128	SH		DFND	3	128	0	0
CASEY'S GENERAL STORES	COM	147528103	4,471	27,744	SH		DFND	4	0	0	27,744
CDW CORP	COM	12514G108	3,520	28,565	SH		SOLE		28,565	0	0
CDW CORP	COM	12514G108	21	169	SH		DFND	3	169	0	0
CHEMED CORP	COM	16359R103	37,845	90,630	SH		SOLE		87,075	0	3,555
CHEMED CORP	COM	16359R103	2,090	5,004	SH		DFND		0	0	5,004
CHEMED CORP	COM	16359R103	19	45	SH		DFND	3	45	0	0
CHEMED CORP	COM	16359R103	4,811	11,521	SH		DFND	4	0	0	11,521
CHESAPEAKE UTILITIES	COM	165303108	1,633	17,127	SH		SOLE		17,127	0	0
CHURCH AND DWIGHT	COM	171340102	7,249	96,342	SH		SOLE		96,131	0	211
CHURCH AND DWIGHT	COM	171340102	2,031	26,993	SH		DFND		0	0	26,993
CHURCH AND DWIGHT	COM	171340102	22	294	SH		DFND	3	294	0	0
CHURCH AND DWIGHT	COM	171340102	4,676	62,147	SH		DFND	4	0	0	62,147
COGENT COMMUNICATIONS HOLDINGS	COM	19239V302	18,974	344,351	SH		SOLE		330,918	0	13,433
COGENT COMMUNICATIONS HOLDINGS	COM	19239V302	1,440	26,138	SH		DFND		0	0	26,138
COGENT COMMUNICATIONS HOLDINGS	COM	19239V302	3,316	60,174	SH		DFND	4	0	0	60,174
COGNEX CORPORATION	COM	192422103	2,804	57,074	SH		SOLE		57,074	0	0
COGNEX CORPORATION	COM	192422103	1,793	36,504	SH		DFND		0	0	36,504
COGNEX CORPORATION	COM	192422103	4,126	83,974	SH		DFND	4	0	0	83,974
COHEN & STEERS INC	COM	19247A100	27,143	494,132	SH		SOLE		475,610	0	18,522
COHEN & STEERS INC	COM	19247A100	2,185	39,771	SH		DFND		0	0	39,771
COHEN & STEERS INC	COM	19247A100	5,028	91,533	SH		DFND	4	0	0	91,533
COMCAST	COM	20030N101	8,246	182,922	SH		SOLE		182,599	0	323
COMCAST	COM	20030N101	24	542	SH		DFND	3	542	0	0
COMFORT SYSTEMS USA INC.	COM	199908104	19,020	430,035	SH		SOLE		411,783	0	18,252
CORE-MARK HOLDING COMPANY	COM	218681104	22,023	685,757	SH		SOLE		658,026	0	27,731
CORE-MARK HOLDING COMPANY	COM	218681104	1,750	54,481	SH		DFND		0	0	54,481
CORE-MARK HOLDING COMPANY	COM	218681104	4,028	125,436	SH		DFND	4	0	0	125,436
CORESITE REALTY CORPORATION	COM	21870Q105	2,771	22,738	SH		SOLE		22,738	0	0
CORESITE REALTY CORPORATION	COM	21870Q105	2,032	16,675	SH		DFND		0	0	16,675
CORESITE REALTY CORPORATION	COM	21870Q105	4,676	38,377	SH		DFND	4	0	0	38,377
COSTCO WHOLESALE	COM	22160K105	4,146	14,391	SH		SOLE		14,326	0	65
COSTCO WHOLESALE	COM	22160K105	21	73	SH		DFND	3	73	0	0
DELEK US HOLDINGS INC	COM	24665A103	22,025	606,760	SH		SOLE		581,117	0	25,643
DISCOVER FINANCIAL	COM	254709108	4,137	51,012	SH		SOLE		50,835	0	177
DISCOVER FINANCIAL	COM	254709108	22	269	SH		DFND	3	269	0	0
DOMINO'S PIZZA INC	COM	25754A201	2,998	12,259	SH		SOLE		12,259	0	0
DOMINO'S PIZZA INC	COM	25754A201	1,874	7,661	SH		DFND		0	0	7,661
DOMINO'S PIZZA INC	COM	25754A201	16	64	SH		DFND	3	64	0	0
DOMINO'S PIZZA INC	COM	25754A201	4,313	17,633	SH		DFND	4	0	0	17,633
ECOLAB	COM	278865100	4,585	23,154	SH		SOLE		23,073	0	81
ECOLAB	COM	278865100	20	103	SH		DFND	3	103	0	0
ENCOMPASS HEALTH CORPORATION	COM	29261A100	30,702	485,174	SH		SOLE		466,660	0	18,514
ENCOMPASS HEALTH CORPORATION	COM	29261A100	1,804	28,504	SH		DFND		0	0	28,504
ENCOMPASS HEALTH CORPORATION	COM	29261A100	21	332	SH		DFND	3	332	0	0
ENCOMPASS HEALTH CORPORATION	COM	29261A100	4,151	65,601	SH		DFND	4	0	0	65,601
EQUINIX INC	COM	29444U700	3,768	6,532	SH		SOLE		6,514	0	18
EQUINIX INC	COM	29444U700	21	37	SH		DFND	3	37	0	0
EVERCORE INC	COM	29977A105	24,897	310,826	SH		SOLE		299,511	0	11,315
EVERCORE INC	COM	29977A105	1,926	24,046	SH		DFND		0	0	24,046
EVERCORE INC	COM	29977A105	4,435	55,364	SH		DFND	4	0	0	55,364
EXPEDIA GROUP INC	COM	30212P303	589	4,379	SH		SOLE		4,379	0	0
EXPEDIA GROUP INC	COM	30212P303	18	137	SH		DFND	3	137	0	0
EXPONENT INC	COM	30214U102	23,777	340,156	SH		SOLE		325,586	0	14,570
EXXON MOBIL CORP	COM	30231G102	342	4,841	SH		SOLE		4,841	0	0
FACTSET RESEARCH SYSTEMS INC	COM	303075105	7,947	32,706	SH		SOLE		32,661	0	45
FACTSET RESEARCH SYSTEMS INC	COM	303075105	1,533	6,309	SH		DFND		0	0	6,309
FACTSET RESEARCH SYSTEMS INC	COM	303075105	17	72	SH		DFND	3	72	0	0
FACTSET RESEARCH SYSTEMS INC	COM	303075105	3,528	14,521	SH		DFND	4	0	0	14,521
FEDERAL AGRICULTURAL MORTGAGE	COM	313148306	21,960	268,917	SH		SOLE		257,486	0	11,431
GENERAL ELECTRIC	COM	369604103	175	19,542	SH		SOLE		19,542	0	0
HEALTHCARE SERVICES GROUP	COM	421906108	13,355	549,819	SH		SOLE		528,443	0	21,376
HEALTHCARE SERVICES GROUP	COM	421906108	750	30,870	SH		DFND		0	0	30,870
HEALTHCARE SERVICES GROUP	COM	421906108	1,726	71,043	SH		DFND	4	0	0	71,043
HEICO CORP	COM	422806109	5,806	46,490	SH		SOLE		46,490	0	0
HEICO CORP	COM	422806109	1,947	15,587	SH		DFND		0	0	15,587
HEICO CORP	COM	422806109	4,481	35,886	SH		DFND	4	0	0	35,886
HOME BANCSHARES	COM	436893200	24,384	1,297,379	SH		SOLE		1,248,284	0	49,095
HOME BANCSHARES	COM	436893200	1,913	101,757	SH		DFND		0	0	101,757
HOME BANCSHARES	COM	436893200	4,403	234,283	SH		DFND	4	0	0	234,283
HOME DEPOT	COM	437076102	4,576	19,721	SH		SOLE		19,643	0	78
HOME DEPOT	COM	437076102	22	95	SH		DFND	3	95	0	0
HORMEL FOODS	COM	440452100	2,407	55,051	SH		SOLE		55,051	0	0
HORMEL FOODS	COM	440452100	17	386	SH		DFND	3	386	0	0
HUNTINGTON INGALLS INDUSTRIES	COM	446413106	6,387	30,155	SH		SOLE		30,155	0	0
HUNTINGTON INGALLS INDUSTRIES	COM	446413106	1,670	7,887	SH		DFND		0	0	7,887
HUNTINGTON INGALLS INDUSTRIES	COM	446413106	22	104	SH		DFND	3	104	0	0
HUNTINGTON INGALLS INDUSTRIES	COM	446413106	3,844	18,148	SH		DFND	4	0	0	18,148
INTUIT	COM	461202103	6,636	24,952	SH		SOLE		24,899	0	53
INTUIT	COM	461202103	19	71	SH		DFND	3	71	0	0
J AND J SNACK FOODS	COM	466032109	29,042	151,259	SH		SOLE		145,597	0	5,662
J AND J SNACK FOODS	COM	466032109	2,423	12,619	SH		DFND		0	0	12,619
J AND J SNACK FOODS	COM	466032109	5,576	29,042	SH		DFND	4	0	0	29,042
JACK HENRY AND ASSOCIATES INC	COM	426281101	2,733	18,726	SH		SOLE		18,726	0	0
JACK HENRY AND ASSOCIATES INC	COM	426281101	1,727	11,830	SH		DFND		0	0	11,830
JACK HENRY AND ASSOCIATES INC	COM	426281101	3,974	27,227	SH		DFND	4	0	0	27,227
JOHNSON AND JOHNSON	COM	478160104	252	1,951	SH		SOLE		1,951	0	0
JPMORGAN CHASE	COM	46625H100	3,153	26,793	SH		SOLE		26,671	0	122
JPMORGAN CHASE	COM	46625H100	22	184	SH		DFND	3	184	0	0
KENNEDY-WILSON HOLDINGS INC	COM	489398107	25,296	1,153,998	SH		SOLE		1,111,021	0	42,977
KENNEDY-WILSON HOLDINGS INC	COM	489398107	1,897	86,527	SH		DFND		0	0	86,527
KENNEDY-WILSON HOLDINGS INC	COM	489398107	4,470	203,901	SH		DFND	4	0	0	203,901
LAKELAND FINANCIAL CORPORATION	COM	511656100	18,762	426,598	SH		SOLE		408,259	0	18,339
LAZARD LTD-CL A	COM	G54050102	279	7,972	SH		SOLE		7,972	0	0
LEMAITRE VASCULAR INC	COM	525558201	18,327	536,199	SH		SOLE		513,548	0	22,651
LITTELFUSE INC	COM	537008104	25,675	144,806	SH		SOLE		139,237	0	5,569
LITTELFUSE INC	COM	537008104	1,738	9,802	SH		DFND		0	0	9,802
LITTELFUSE INC	COM	537008104	3,984	22,469	SH		DFND	4	0	0	22,469
LOCKHEED MARTIN	COM	539830109	8,061	20,667	SH		SOLE		20,632	0	35
LOCKHEED MARTIN	COM	539830109	22	57	SH		DFND	3	57	0	0
LOGMEIN INC	COM	54142L109	26,412	372,211	SH		SOLE		359,581	0	12,630
LOGMEIN INC	COM	54142L109	1,959	27,603	SH		DFND		0	0	27,603
LOGMEIN INC	COM	54142L109	21	302	SH		DFND	3	302	0	0
LOGMEIN INC	COM	54142L109	4,614	65,028	SH		DFND	4	0	0	65,028
MARKETAXESS HOLDINGS	COM	57060D108	6,390	19,512	SH		SOLE		19,470	0	42
MARKETAXESS HOLDINGS	COM	57060D108	1,897	5,793	SH		DFND		0	0	5,793
MARKETAXESS HOLDINGS	COM	57060D108	18	56	SH		DFND	3	56	0	0
MARKETAXESS HOLDINGS	COM	57060D108	4,368	13,338	SH		DFND	4	0	0	13,338
MCCORMICK AND CO	COM	579780206	204	1,305	SH		SOLE		1,305	0	0
MCCORMICK AND CO	COM	579780206	23	144	SH		DFND	3	144	0	0
MCDONALDS	COM	580135101	225	1,050	SH		SOLE		1,050	0	0
MEDTRONIC PLC	COM	G5960L103	3,760	34,619	SH		SOLE		34,507	0	112
MEDTRONIC PLC	COM	G5960L103	23	211	SH		DFND	3	211	0	0
MICROSOFT	COM	594918104	4,425	31,828	SH		SOLE		31,725	0	103
MICROSOFT	COM	594918104	21	152	SH		DFND	3	152	0	0
MONRO MUFFLER BRAKE INC	COM	610236101	22,287	282,084	SH		SOLE		271,464	0	10,620
MONRO MUFFLER BRAKE INC	COM	610236101	1,825	23,096	SH		DFND		0	0	23,096
MONRO MUFFLER BRAKE INC	COM	610236101	4,103	51,933	SH		DFND	4	0	0	51,933
MORNINGSTAR INC	COM	617700109	22,393	153,227	SH		SOLE		146,709	0	6,518
MORNINGSTAR INC	COM	617700109	21	142	SH		DFND	3	142	0	0
MOTOROLA SOLUTIONS INC	COM	620076307	7,342	43,086	SH		SOLE		42,998	0	88
MOTOROLA SOLUTIONS INC	COM	620076307	21	121	SH		DFND	3	121	0	0
MSC INDL DIRECT INC CL A	COM	553530106	30,081	414,739	SH		SOLE		400,565	0	14,174
MSC INDL DIRECT INC CL A	COM	553530106	1,972	27,186	SH		DFND		0	0	27,186
MSC INDL DIRECT INC CL A	COM	553530106	19	268	SH		DFND	3	268	0	0
MSC INDL DIRECT INC CL A	COM	553530106	4,540	62,593	SH		DFND	4	0	0	62,593
MSCI INC	COM	55354G100	2,892	13,279	SH		SOLE		13,279	0	0
MSCI INC	COM	55354G100	1,791	8,225	SH		DFND		0	0	8,225
MSCI INC	COM	55354G100	19	88	SH		DFND	3	88	0	0
MSCI INC	COM	55354G100	4,121	18,927	SH		DFND	4	0	0	18,927
NEENAH INC.	COM	640079109	15,286	234,741	SH		SOLE		224,578	0	10,163
NEXTERA ENERGY	COM	65339F101	3,387	14,539	SH		SOLE		14,539	0	0
NEXTERA ENERGY	COM	65339F101	29	124	SH		DFND	3	124	0	0
NORDSON CORP	COM	655663102	3,263	22,310	SH		SOLE		22,310	0	0
NORDSON CORP	COM	655663102	2,076	14,196	SH		DFND		0	0	14,196
NORDSON CORP	COM	655663102	4,779	32,672	SH		DFND	4	0	0	32,672
ONEOK	COM	682680103	3,875	52,587	SH		SOLE		52,370	0	217
ONEOK	COM	682680103	20	270	SH		DFND	3	270	0	0
PAYCHEX INC	COM	704326107	3,432	41,468	SH		SOLE		41,468	0	0
PAYCHEX INC	COM	704326107	20	242	SH		DFND	3	242	0	0
PHILLIPS 66	COM	718546104	4,739	46,276	SH		SOLE		46,096	0	180
PHILLIPS 66	COM	718546104	21	203	SH		DFND	3	203	0	0
PHILLIPS 66 PARTNERS LP	COM	718549207	5,917	104,502	SH		SOLE		89,820	0	14,682
PHILLIPS 66 PARTNERS LP	COM	718549207	1,678	29,631	SH		DFND		0	0	29,631
PHILLIPS 66 PARTNERS LP	COM	718549207	3,861	68,196	SH		DFND	4	0	0	68,196
POOL CORP	COM	73278L105	34,934	173,199	SH		SOLE		166,496	0	6,703
POOL CORP	COM	73278L105	2,182	10,816	SH		DFND		0	0	10,816
POOL CORP	COM	73278L105	5,021	24,893	SH		DFND	4	0	0	24,893
POWER INTEGRATIONS INC	COM	739276103	26,248	290,260	SH		SOLE		279,219	0	11,041
POWER INTEGRATIONS INC	COM	739276103	1,971	21,794	SH		DFND		0	0	21,794
POWER INTEGRATIONS INC	COM	739276103	4,537	50,174	SH		DFND	4	0	0	50,174
PROSPERITY BANCSHARES	COM	743606105	2,983	42,236	SH		SOLE		42,236	0	0
PROSPERITY BANCSHARES	COM	743606105	1,910	27,040	SH		DFND		0	0	27,040
PROSPERITY BANCSHARES	COM	743606105	4,394	62,207	SH		DFND	4	0	0	62,207
QTS REALTY TRUST INC CLASS A	COM	74736A103	25,388	493,837	SH		SOLE		472,799	0	21,038
QUAKER CHEMICAL CORP	COM	747316107	23,630	149,424	SH		SOLE		143,736	0	5,688
QUAKER CHEMICAL CORP	COM	747316107	1,812	11,457	SH		DFND		0	0	11,457
QUAKER CHEMICAL CORP	COM	747316107	4,171	26,378	SH		DFND	4	0	0	26,378
QUEST DIAGNOSTICS	COM	74834L100	6,392	59,722	SH		SOLE		59,622	0	100
QUEST DIAGNOSTICS	COM	74834L100	1,893	17,689	SH		DFND		0	0	17,689
QUEST DIAGNOSTICS	COM	74834L100	21	192	SH		DFND	3	192	0	0
QUEST DIAGNOSTICS	COM	74834L100	4,357	40,706	SH		DFND	4	0	0	40,706
RESMED INC	COM	761152107	2,968	21,967	SH		SOLE		21,967	0	0
RESMED INC	COM	761152107	2,009	14,872	SH		DFND		0	0	14,872
RESMED INC	COM	761152107	4,626	34,238	SH		DFND	4	0	0	34,238
ROSS STORES	COM	778296103	5,673	51,643	SH		SOLE		51,404	0	239
ROSS STORES	COM	778296103	25	227	SH		DFND	3	227	0	0
RYDER SYSTEMS INC	COM	783549108	23,977	463,137	SH		SOLE		445,420	0	17,717
RYDER SYSTEMS INC	COM	783549108	1,709	33,011	SH		DFND		0	0	33,011
RYDER SYSTEMS INC	COM	783549108	3,933	75,971	SH		DFND	4	0	0	75,971
RYMAN HOSPITALITY PPTYS INC	COM	78377T107	24,700	301,914	SH		SOLE		290,470	0	11,444
RYMAN HOSPITALITY PPTYS INC	COM	78377T107	1,926	23,547	SH		DFND		0	0	23,547
RYMAN HOSPITALITY PPTYS INC	COM	78377T107	4,408	53,887	SH		DFND	4	0	0	53,887
SERVICE CORP INTL	COM	817565104	3,627	75,873	SH		SOLE		75,873	0	0
SERVICE CORP INTL	COM	817565104	2,246	46,982	SH		DFND		0	0	46,982
SERVICE CORP INTL	COM	817565104	20	424	SH		DFND	3	424	0	0
SERVICE CORP INTL	COM	817565104	5,169	108,116	SH		DFND	4	0	0	108,116
SHERWIN WILLIAMS	COM	824348106	1,405	2,556	SH		SOLE		2,523	0	33
SHERWIN WILLIAMS	COM	824348106	25	45	SH		DFND	3	45	0	0
SIRIUS XM HOLDINGS	COM	82968B103	227	36,286	SH		SOLE		36,286	0	0
SIRIUS XM HOLDINGS	COM	82968B103	17	2,721	SH		DFND	3	2,721	0	0
SNAP-ON INC	COM	833034101	2,783	17,777	SH		SOLE		17,777	0	0
SNAP-ON INC	COM	833034101	1,870	11,943	SH		DFND		0	0	11,943
SNAP-ON INC	COM	833034101	4,304	27,496	SH		DFND	4	0	0	27,496
STANDARD MOTOR PRODUCTS	COM	853666105	18,311	377,161	SH		SOLE		361,714	0	15,447
STANDEX INTERNATIONAL CORPORAT	COM	854231107	16,768	229,891	SH		SOLE		219,766	0	10,125
STARBUCKS	COM	855244109	4,277	48,371	SH		SOLE		48,271	0	100
STARBUCKS	COM	855244109	18	206	SH		DFND	3	206	0	0
STERIS CORP	COM	G8473T100	3,011	20,838	SH		SOLE		20,838	0	0
STERIS CORP	COM	G8473T100	2,097	14,513	SH		DFND		0	0	14,513
STERIS CORP	COM	G8473T100	4,828	33,414	SH		DFND	4	0	0	33,414
STRYKER CORP	COM	863667101	3,879	17,932	SH		SOLE		17,859	0	73
STRYKER CORP	COM	863667101	20	94	SH		DFND	3	94	0	0
SUNTRUST BANKS	COM	867914103	194	2,815	SH		SOLE		2,815	0	0
SUNTRUST BANKS	COM	867914103	24	356	SH		DFND	3	356	0	0
SYNNEX CORPORATION	COM	87162W100	31,740	281,132	SH		SOLE		270,385	0	10,747
SYNNEX CORPORATION	COM	87162W100	2,302	20,393	SH		DFND		0	0	20,393
SYNNEX CORPORATION	COM	87162W100	5,298	46,927	SH		DFND	4	0	0	46,927
TETRA TECH INC NEW COM	COM	88162G103	37,462	431,791	SH		SOLE		417,193	0	14,598
TETRA TECH INC NEW COM	COM	88162G103	2,522	29,068	SH		DFND		0	0	29,068
TETRA TECH INC NEW COM	COM	88162G103	24	276	SH		DFND	3	276	0	0
TETRA TECH INC NEW COM	COM	88162G103	5,804	66,899	SH		DFND	4	0	0	66,899
TEXAS INSTRUMENTS	COM	882508104	3,526	27,284	SH		SOLE		27,284	0	0
TEXAS INSTRUMENTS	COM	882508104	21	166	SH		DFND	3	166	0	0
THE ENSIGN GROUP INC	COM	29358P101	32,053	675,803	SH		SOLE		650,239	0	25,564
THE ENSIGN GROUP INC	COM	29358P101	2,549	53,742	SH		DFND		0	0	53,742
THE ENSIGN GROUP INC	COM	29358P101	5,865	123,660	SH		DFND	4	0	0	123,660
TORO CO	COM	891092108	5,432	74,100	SH		SOLE		74,100	0	0
TORO CO	COM	891092108	1,759	23,998	SH		DFND		0	0	23,998
TORO CO	COM	891092108	4,048	55,223	SH		DFND	4	0	0	55,223
TRACTOR SUPPLY CO	COM	892356106	3,271	36,165	SH		SOLE		36,165	0	0
TRACTOR SUPPLY CO	COM	892356106	2,089	23,096	SH		DFND		0	0	23,096
TRACTOR SUPPLY CO	COM	892356106	15	170	SH		DFND	3	170	0	0
TRACTOR SUPPLY CO	COM	892356106	4,808	53,158	SH		DFND	4	0	0	53,158
U.S. PHYSICAL THERAPY INC.	COM	90337L108	23,229	177,929	SH		SOLE		170,410	0	7,519
UGI CORP	COM	902681105	2,663	52,965	SH		SOLE		52,965	0	0
UGI CORP	COM	902681105	1,608	31,997	SH		DFND		0	0	31,997
UGI CORP	COM	902681105	3,702	73,651	SH		DFND	4	0	0	73,651
UNION PACIFIC	COM	907818108	7,318	45,179	SH		SOLE		45,091	0	88
UNION PACIFIC	COM	907818108	20	124	SH		DFND	3	124	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	3,762	17,312	SH		SOLE		17,244	0	68
UNITEDHEALTH GROUP INC	COM	91324P102	19	89	SH		DFND	3	89	0	0
UNIVERSAL DISPLAY CORPORATION	COM	91347P105	9,150	54,494	SH		SOLE		52,139	0	2,355
VAIL RESORTS INC	COM	91879Q109	2,557	11,236	SH		SOLE		11,236	0	0
VAIL RESORTS INC	COM	91879Q109	1,917	8,424	SH		DFND		0	0	8,424
VAIL RESORTS INC	COM	91879Q109	4,413	19,393	SH		DFND	4	0	0	19,393
VISA	COM	92826C839	8,495	49,384	SH		SOLE		49,251	0	133
VISA	COM	92826C839	20	117	SH		DFND	3	117	0	0
WASTE CONNECTIONS INC	COM	94106B101	8,398	91,278	SH		SOLE		91,004	0	274
WASTE CONNECTIONS INC	COM	94106B101	21	231	SH		DFND	3	231	0	0
WEC ENERGY GROUP	COM	92939U106	2,893	30,418	SH		SOLE		30,418	0	0
WYNDHAM HOTELS & RESORTS INC	COM	98311A105	4,678	90,419	SH		SOLE		90,214	0	205
WYNDHAM HOTELS & RESORTS INC	COM	98311A105	1,731	33,462	SH		DFND		0	0	33,462
WYNDHAM HOTELS & RESORTS INC	COM	98311A105	3,984	77,009	SH		DFND	4	0	0	77,009
XILINX	COM	983919101	2,643	27,560	SH		SOLE		27,560	0	0
ZOETIS	COM	98978V103	3,746	30,066	SH		SOLE		29,951	0	115
ZOETIS	COM	98978V103	17	140	SH		DFND	3	140	0	0