Cavalier Investments 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
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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
ABIOMED Inc	COM	003654100	2,349	8,225	SH		OTR	1	8,225	0	0
Advanced Micro Devices Inc	COM	007903107	699	27,393	SH		SOLE		27,393	0	0
Allied Motion Techno logies Inc	COM	019330109	402	11,700	SH		OTR	1	11,700	0	0
Amazon.com Inc	COM	023135106	1,425	800	SH		OTR	1	800	0	0
Amazon.com Inc	COM	023135106	1,109	623	SH		SOLE		623	0	0
Amedisys Inc	COM	023436108	1,208	9,800	SH		OTR	1	9,800	0	0
Apple Inc	COM	037833100	1,173	6,177	SH		SOLE		6,177	0	0
Arbor Realty Trust I nc	COM	038923108	2,575	198,528	SH		OTR	1	198,528	0	0
AstraZeneca PLC	COM	046353108	946	23,400	SH		OTR	1	23,400	0	0
AutoZone Inc	COM	053332102	922	900	SH		OTR	1	900	0	0
BioTelemetry Inc	COM	090672106	1,328	21,200	SH		OTR	1	21,200	0	0
Biospecifics Technol gies Corp.	COM	090931106	486	7,800	SH		OTR	1	7,800	0	0
Boeing Co/The	COM	097023105	2,918	7,650	SH		OTR	1	7,650	0	0
Boston Scientific Co rp	COM	101137107	1,160	30,219	SH		SOLE		30,219	0	0
Cadence Design Syste ms Inc	COM	127387108	895	14,100	SH		OTR	1	14,100	0	0
Capital Southwest Corp	COM	140501107	2,045	97,200	SH		OTR	1	97,200	0	0
Cargurus Inc	COM	141788109	1,687	42,100	SH		OTR	1	42,100	0	0
Copart Inc	COM	217204106	563	9,300	SH		OTR	1	9,300	0	0
DEXCOM INC COM	COM	252131107	417	3,500	SH		OTR	1	3,500	0	0
Ecopetrol SA	COM	279158109	2,086	97,300	SH		OTR	1	97,300	0	0
Facebook Inc.	COM	30303M102	161	963	SH		SOLE		963	0	0
Telefonaktiebolaget LM Ericsson	COM	294821608	407	44,300	SH		OTR	1	44,300	0	0
Federal Signal Corp	COM	313855108	1,578	60,700	SH		OTR	1	60,700	0	0
HEICO Corp	COM	422806109	1,008	10,625	SH		OTR	1	10,625	0	0
iShares MSCI Brazil ETF	COM	464286400	978	23,872	SH		SOLE		23,872	0	0
iShares Core S&P 500 ETF	COM	464287200	2,443	8,586	SH		SOLE		8,586	0	0
iShares Core S&P 500 ETF	COM	464287200	4,212	14,802	SH		SOLE		14,802	0	0
iShares 1-3 Year Treasury Bond ETF	COM	464287457	2,125	25,305	SH		SOLE		25,305	0	0
iShares 1-3 Year Tre asury Bond ETF	COM	464287457	2,881	34,245	SH		SOLE		34,245	0	0
iShares Nasdaq Biote chnology ETF	COM	464287556	2,343	20,958	SH		SOLE		20,958	0	0
iShares 3-7 Year Treasury Bond ETF	COM	464288661	1,593	12,958	SH		SOLE		12,958	0	0
iShares 3-7 Year Tre asury Bond ETF	COM	464288661	2,572	20,880	SH		SOLE		20,880	0	0
iShares U.S. Medical Devices ETF	COM	464288810	3,088	13,339	SH		SOLE		13,339	0	0
Jernigan Capital, Inc.	COM	476405105	421	20,000	SH		OTR	1	20,000	0	0
Lamb Weston Holdings Inc	COM	513272104	397	5,300	SH		OTR	1	5,300	0	0
Lululemon Athletica Inc	COM	550021109	2,261	13,800	SH		OTR	1	13,800	0	0
McGrath RentCorp	COM	580589109	289	5,100	SH		OTR	1	5,100	0	0
Microsoft Corp	COM	594918104	1,932	16,383	SH		SOLE		16,383	0	0
NMI Holdings Inc	COM	629209305	722	27,900	SH		OTR	1	27,900	0	0
Nice Ltd	COM	653656108	894	7,300	SH		OTR	1	7,300	0	0
O'Reilly Automotive Inc.	COM	67103H107	165	425	SH		SOLE		425	0	0
Palo Alto Networks I nc	COM	697435105	486	2,000	SH		OTR	1	2,000	0	0
Progressive Corp/The	COM	743315103	865	12,000	SH		OTR	1	12,000	0	0
Ross Stores Inc	COM	778296103	1,136	12,200	SH		OTR	1	12,200	0	0
Square Inc	COM	852234103	1,124	14,997	SH		SOLE		14,997	0	0
Starbucks Corp	COM	855244109	166	2,236	SH		SOLE		2,236	0	0
Stryker Corp	COM	863667101	651	3,295	SH		SOLE		3,295	0	0
Thermo Fisher Scient ific Inc	COM	883556102	645	2,357	SH		SOLE		2,357	0	0
UFP Technologies Inc	COM	902673102	262	7,000	SH		OTR	1	7,000	0	0
Veeva Systems Inc	COM	922475108	1,497	11,800	SH		OTR	1	11,800	0	0
Xilinx Inc	COM	983919101	710	5,600	SH		OTR	1	5,600	0	0
VeriSign Inc	COM	92343E102	472	2,600	SH		OTR	1	2,600	0	0
Fortinet Inc	COM	34959E109	2,423	28,850	SH		OTR	1	28,850	0	0
Adobe Systems Inc	COM	00724F101	2,598	9,750	SH		OTR	1	9,750	0	0
Adobe Systems Inc	COM	00724F101	164	615	SH		SOLE		615	0	0
Alphabet Inc	COM	02079K305	1,379	1,172	SH		SOLE		1,172	0	0
Appfolio Inc	COM	03783C100	1,524	19,200	SH		OTR	1	19,200	0	0
Automatic Data Processing Inc.	COM	053015103	166	1,039	SH		SOLE		1,039	0	0
BG Staffing Inc	COM	05544A109	787	36,039	SH		OTR	1	36,039	0	0
CME Group Inc	COM	12572Q105	806	4,900	SH		OTR	1	4,900	0	0
Chart Industries Inc	COM	16115Q308	688	7,600	SH		OTR	1	7,600	0	0
CONOCOPHILLIPS COM	COM	20825C104	501	7,500	SH		OTR	1	7,500	0	0
EVERTEC Inc	COM	30040P103	843	30,300	SH		OTR	1	30,300	0	0
Fox Factory Holding Corp	COM	35138V102	391	5,600	SH		OTR	1	5,600	0	0
Intuitive Surgical I nc	COM	46120E602	1,772	3,105	SH		OTR	1	3,105	0	0
iRadimed Corp	COM	46266A109	1,355	48,247	SH		OTR	1	48,247	0	0
ISHARES MSCI INDIA ETF	COM	46429B598	1,317	37,359	SH		SOLE		37,359	0	0
ISHARES MSCI CHINA ETF	COM	46429B671	2,121	33,973	SH		SOLE		33,973	0	0
iShares Edge MSCI Mi n Vol USA ETF	COM	46429B697	6,845	116,435	SH		SOLE		116,435	0	0
Keysight Technologie s Inc	COM	49338L103	802	9,200	SH		OTR	1	9,200	0	0
Malibu Boats Inc	COM	56117J100	726	18,344	SH		OTR	1	18,344	0	0
Mastercard Inc	COM	57636Q104	1,907	8,100	SH		OTR	1	8,100	0	0
Match Group Inc	COM	57665R106	974	17,200	SH		OTR	1	17,200	0	0
Medifast Inc	COM	58470H101	1,900	14,900	SH		OTR	1	14,900	0	0
Medpace Holdings Inc	COM	58506Q109	277	4,700	SH		OTR	1	4,700	0	0
Netflix Inc	COM	64110L106	1,961	5,500	SH		OTR	1	5,500	0	0
NIKE Inc.	COM	654106103	156	1,858	SH		SOLE		1,858	0	0
Paycom Software Inc	COM	70432V102	2,771	14,650	SH		OTR	1	14,650	0	0
PayPal Holdings Inc	COM	70450Y103	1,320	12,712	SH		SOLE		12,712	0	0
Qualys Inc	COM	74758T303	1,299	15,700	SH		OTR	1	15,700	0	0
QuinStreet Inc	COM	74874Q100	477	35,600	SH		OTR	1	35,600	0	0
SPDR Gold Shares	COM	78463V107	5,103	41,821	SH		SOLE		41,821	0	0
SPDR Bloomberg Barclays High Yield Bond	COM	78464A417	3,083	85,719	SH		SOLE		85,719	0	0
SPDR S&P Retail ETF	COM	78464A714	1,565	34,778	SH		SOLE		34,778	0	0
SPDR S&P Pharmaceuti cals ETF	COM	78464A722	2,300	55,314	SH		SOLE		55,314	0	0
SPDR OIL & GAS EXP & ETF	COM	78464A730	1,582	51,475	SH		SOLE		51,475	0	0
SPDR Doubleline Tota l Return Tactical ET	COM	78467V848	1,593	32,947	SH		SOLE		32,947	0	0
Materials Select Sec tor SPDR Fund	COM	81369Y100	10,362	186,699	SH		SOLE		186,699	0	0
Consumer Discretionary Select Sector SPD	COM	81369Y407	9,408	82,633	SH		SOLE		82,633	0	0
Energy Select Sector SPDR Fund	COM	81369Y506	10,263	155,218	SH		SOLE		155,218	0	0
Financial Select Sec tor SPDR Fund	COM	81369Y605	8,410	327,100	SH		SOLE		327,100	0	0
Industrial Select Se ctor SPDR Fund	COM	81369Y704	13,527	180,286	SH		SOLE		180,286	0	0
Technology Select Se ctor SPDR Fund	COM	81369Y803	14,668	198,218	SH		SOLE		198,218	0	0
Communication Servic es Select Sector SPD	COM	81369Y852	8,852	189,276	SH		SOLE		189,276	0	0
Real Estate Select S ector SPDR Fund	COM	81369Y860	9,216	254,448	SH		SOLE		254,448	0	0
Utilities Select Sec tor SPDR Fund	COM	81369Y886	8,947	153,800	SH		SOLE		153,800	0	0
ServiceNow Inc	COM	81762P102	2,194	8,900	SH		OTR	1	8,900	0	0
Trex Co Inc	COM	89531P105	1,692	27,500	SH		OTR	1	27,500	0	0
Twitter Inc	COM	90184L102	986	30,000	SH		OTR	1	30,000	0	0
Voc Energy Trust	COM	91829B103	88	15,379	SH		OTR	1	15,379	0	0
VanEck Vectors Gold Miners ETF	COM	92189F106	2,604	116,134	SH		SOLE		116,134	0	0
Vanguard Communication Servic	COM	92204A884	2,352	28,161	SH		SOLE		28,161	0	0
Verisk Analytics Inc	COM	92345Y106	505	3,800	SH		OTR	1	3,800	0	0
Visa Inc.	COM	92826C839	164	1,053	SH		SOLE		1,053	0	0
WNS Holdings Ltd	COM	92932M101	788	14,800	SH		OTR	1	14,800	0	0
WEX Inc	COM	96208T104	432	2,249	SH		OTR	1	2,249	0	0
World Wrestling Ente rtainment Inc	COM	98156Q108	1,510	17,400	SH		OTR	1	17,400	0	0
Zoetis Inc	COM	98978V103	1,399	13,900	SH		OTR	1	13,900	0	0
Zoetis Inc	COM	98978V103	165	1,638	SH		SOLE		1,638	0	0
Atlassian Corp PLC	COM	G06242104	494	4,400	SH		OTR	1	4,400	0	0
Fabrinet	COM	G3323L100	1,765	33,700	SH		OTR	1	33,700	0	0
Geopark Ltd	COM	G38327105	1,158	67,000	SH		OTR	1	67,000	0	0
Sapiens I'ntl Corporation N.V.	COM	G7T16G103	371	24,300	SH		OTR	1	24,300	0	0
Globant SA	COM	L44385109	493	6,900	SH		OTR	1	6,900	0	0
AudioCodes Ltd	COM	M15342104	1,158	83,699	SH		OTR	1	83,699	0	0
Camtek Ltd/Israel	COM	M20791105	532	59,600	SH		OTR	1	59,600	0	0
CyberArk Software Lt d	COM	M2682V108	2,292	19,256	SH		OTR	1	19,256	0	0
Mellanox Technologie s Ltd	COM	M51363113	1,207	10,200	SH		OTR	1	10,200	0	0
KORNIT DIGITAL LMTD	COM	M6372Q113	507	21,300	SH		OTR	1	21,300	0	0
Radware Ltd	COM	M81873107	789	30,200	SH		OTR	1	30,200	0	0
WIX.com, Ltd.	COM	M98068105	375	3,100	SH		OTR	1	3,100	0	0
Wright Medical Group N.V.	COM	N96617118	428	13,600	SH		OTR	1	13,600	0	0
Seaspan Corp	COM	Y75638109	793	91,100	SH		OTR	1	91,100	0	0