Morse 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

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
3M Co	COM	88579y101	4,939	20,985	SH		SOLE		20,985	0	0
Abbvie Inc	COM	00287y109	6,049	62,545	SH		SOLE		62,545	0	0
Activision Blizzard Inc	COM	00507v109	1,441	22,750	SH		SOLE		22,750	0	0
Adobe Systems Inc	COM	00724f101	4,895	27,935	SH		SOLE		27,935	0	0
Air Prods & Chems Inc	COM	009158106	213	1,300	SH		SOLE		1,300	0	0
Alphabet Inc Cap Stock Cl A	COM	02079k305	8,220	7,803	SH		SOLE		7,803	0	0
Amazon.com Inc	COM	023135106	22,353	19,114	SH		SOLE		19,114	0	0
American Express Co	COM	025816109	3,307	33,300	SH		SOLE		33,300	0	0
Analog Devices Inc	COM	032654105	3,608	40,530	SH		SOLE		40,530	0	0
AON PLC Cl A	COM	g0408v102	201	1,500	SH		SOLE		1,500	0	0
Apollo Global Mgmt LLC Cl A	COM	037612306	870	26,005	SH		SOLE		26,005	0	0
Apple Inc	COM	037833100	4,796	28,343	SH		SOLE		28,343	0	0
Applied Materials Inc	COM	038222105	2,624	51,325	SH		SOLE		51,325	0	0
Aptiv PLC	COM	g6095l109	1,090	12,845	SH		SOLE		12,845	0	0
AT&T Inc	COM	00206r102	210	5,400	SH		SOLE		5,400	0	0
Automatic Data Processing Inc	COM	053015103	1,383	11,800	SH		SOLE		11,800	0	0
BlackRock Inc	COM	09247x101	257	500	SH		SOLE		500	0	0
Boeing Co	COM	097023105	6,624	22,460	SH		SOLE		22,460	0	0
Boise Cascade Co	COM	09739d100	2,139	53,610	SH		SOLE		53,610	0	0
Borgwarner Inc	COM	099724106	516	10,100	SH		SOLE		10,100	0	0
Bristol Myers Squibb Co	COM	110122108	668	10,900	SH		SOLE		10,900	0	0
Builders FirstSource Inc	COM	12008r107	2,757	126,525	SH		SOLE		126,525	0	0
Cabot Oil & Gas Corp	COM	127097103	238	8,335	SH		SOLE		8,335	0	0
Camping World Holdings Inc Cl	COM	13462k109	358	8,000	SH		SOLE		8,000	0	0
Caterpillar Inc	COM	149123101	3,139	19,920	SH		SOLE		19,920	0	0
Cavium Inc	COM	14964u108	1,184	14,125	SH		SOLE		14,125	0	0
Celgene Corp	COM	151020104	5,216	49,985	SH		SOLE		49,985	0	0
Chevron Corp	COM	166764100	1,825	14,575	SH		SOLE		14,575	0	0
Chubb Limited	COM	h1467j104	2,266	15,506	SH		SOLE		15,506	0	0
Cintas Corp	COM	172908105	588	3,775	SH		SOLE		3,775	0	0
Clovis Oncology Inc	COM	189464100	316	4,650	SH		SOLE		4,650	0	0
Coca-Cola Co	COM	191216100	1,009	22,000	SH		SOLE		22,000	0	0
Colgate Palmolive Co	COM	194162103	777	10,300	SH		SOLE		10,300	0	0
CSX Corp	COM	126408103	3,420	62,165	SH		SOLE		62,165	0	0
Cummins Inc	COM	231021106	6,360	36,003	SH		SOLE		36,003	0	0
Cypress Semiconductor Corp	COM	232806109	2,626	172,300	SH		SOLE		172,300	0	0
D R Horton Inc	COM	23331a109	6,814	133,420	SH		SOLE		133,420	0	0
Deere & Co	COM	244199105	447	2,856	SH		SOLE		2,856	0	0
Delphi Technologies PLC	COM	g2709g107	203	3,877	SH		SOLE		3,877	0	0
Disney Walt Co Disney	COM	254687106	4,664	43,380	SH		SOLE		43,380	0	0
Dowdupont Inc	COM	26078j100	7,139	100,238	SH		SOLE		100,238	0	0
Duke Energy Corp	COM	26441c204	336	3,999	SH		SOLE		3,999	0	0
eLot Inc	COM	29014q105	0	67,670	SH		SOLE		67,670	0	0
Enbridge Inc	COM	29250n105	246	6,287	SH		SOLE		6,287	0	0
EOG Resources Inc	COM	26875p101	6,168	57,155	SH		SOLE		57,155	0	0
Evercore Partners Inc Class A	COM	29977a105	2,883	32,030	SH		SOLE		32,030	0	0
Expeditors Intl Wash Inc	COM	302130109	2,300	35,550	SH		SOLE		35,550	0	0
Exxon Mobil Corp	COM	30231g102	2,476	29,607	SH		SOLE		29,607	0	0
Facebook Inc Cl A	COM	30303m102	15,571	88,240	SH		SOLE		88,240	0	0
Fair Isaac Corp	COM	303250104	1,126	7,350	SH		SOLE		7,350	0	0
FedEx Corp	COM	31428x106	5,184	20,773	SH		SOLE		20,773	0	0
Freeport-McMoran Inc	COM	35671d857	442	23,300	SH		SOLE		23,300	0	0
General Electric Co	COM	369604103	451	25,833	SH		SOLE		25,833	0	0
General Motors Co	COM	37045v100	324	7,900	SH		SOLE		7,900	0	0
Gilead Sciences Inc	COM	375558103	2,950	41,180	SH		SOLE		41,180	0	0
Goldman Sachs Group Inc	COM	38141g104	253	995	SH		SOLE		995	0	0
Healthequity Inc	COM	42226a107	1,099	23,555	SH		SOLE		23,555	0	0
Home Depot Inc	COM	437076102	15,163	80,001	SH		SOLE		80,001	0	0
Honeywell Intl Inc	COM	438516106	928	6,050	SH		SOLE		6,050	0	0
Hunt J B Trans Services Inc	COM	445658107	216	1,875	SH		SOLE		1,875	0	0
Huntsman Corp	COM	447011107	2,300	69,100	SH		SOLE		69,100	0	0
Ingersoll-Rand PLC	COM	g47791101	2,872	32,201	SH		SOLE		32,201	0	0
Installed Building Prods Inc	COM	45780r101	228	3,000	SH		SOLE		3,000	0	0
Intel Corp	COM	458140100	7,561	163,795	SH		SOLE		163,795	0	0
IntercontinentalExchange Inc	COM	45866f104	4,419	62,630	SH		SOLE		62,630	0	0
International Business Machine	COM	459200101	222	1,450	SH		SOLE		1,450	0	0
Jazz Pharmaceuticals PLC USD	COM	g50871105	2,894	21,490	SH		SOLE		21,490	0	0
Johnson & Johnson	COM	478160104	6,606	47,282	SH		SOLE		47,282	0	0
JPMorgan Chase & Co	COM	46625h100	582	5,445	SH		SOLE		5,445	0	0
Kinder Morgan Inc	COM	49456b101	286	15,800	SH		SOLE		15,800	0	0
KLA-Tencor Corp	COM	482480100	1,280	12,180	SH		SOLE		12,180	0	0
KMG Chemicals Inc	COM	482564101	3,419	51,745	SH		SOLE		51,745	0	0
L3 Technologies Inc	COM	502413107	2,432	12,290	SH		SOLE		12,290	0	0
Lam Research Corp	COM	512807108	2,787	15,140	SH		SOLE		15,140	0	0
Las Vegas Sands Corp	COM	517834107	4,278	61,565	SH		SOLE		61,565	0	0
Lauder Estee Cos Inc Cl A	COM	518439104	1,781	14,000	SH		SOLE		14,000	0	0
Lgi Homes Inc	COM	50187t106	370	4,935	SH		SOLE		4,935	0	0
Ligand Pharmaceuticals Inc	COM	53220k504	480	3,505	SH		SOLE		3,505	0	0
Lockheed Martin Corp	COM	539830109	7,457	23,226	SH		SOLE		23,226	0	0
Marathon Petroleum Corp	COM	56585a102	2,600	39,400	SH		SOLE		39,400	0	0
MasterCard Inc Cl A	COM	57636q104	242	1,600	SH		SOLE		1,600	0	0
Merck & Co Inc	COM	58933y105	1,749	31,076	SH		SOLE		31,076	0	0
Micron Technology Inc	COM	595112103	13,537	329,215	SH		SOLE		329,215	0	0
Microsoft Corp	COM	594918104	7,179	83,920	SH		SOLE		83,920	0	0
New Relic Inc	COM	64829b100	2,886	49,955	SH		SOLE		49,955	0	0
Nextera Energy Inc	COM	65339f101	1,125	7,200	SH		SOLE		7,200	0	0
Nike Inc Cl B	COM	654106103	1,551	24,800	SH		SOLE		24,800	0	0
North European Oil Royalty Tru	COM	659310106	167	24,000	SH		SOLE		24,000	0	0
Norwegian Cruise Line Holdings	COM	g66721104	1,960	36,800	SH		SOLE		36,800	0	0
NXP Semiconductors NV	COM	n6596x109	13,650	116,580	SH		SOLE		116,580	0	0
Packaging Corp America	COM	695156109	678	5,622	SH		SOLE		5,622	0	0
Parker Hannifin Corp	COM	701094104	1,675	8,395	SH		SOLE		8,395	0	0
Paypal Holdings Inc	COM	70450y103	9,523	129,355	SH		SOLE		129,355	0	0
Pioneer Natural Resources Co	COM	723787107	335	1,940	SH		SOLE		1,940	0	0
Polaris Industries Inc	COM	731068102	1,274	10,275	SH		SOLE		10,275	0	0
Praxair Inc	COM	74005p104	1,315	8,500	SH		SOLE		8,500	0	0
Priceline Group Inc	COM	741503403	928	534	SH		SOLE		534	0	0
Procter & Gamble Co	COM	742718109	1,039	11,307	SH		SOLE		11,307	0	0
Pulte Homes Inc	COM	745867101	4,332	130,275	SH		SOLE		130,275	0	0
Raytheon Co	COM	755111507	3,015	16,050	SH		SOLE		16,050	0	0
Regeneron Pharmaceuticals	COM	75886f107	3,036	8,075	SH		SOLE		8,075	0	0
Rockwell Automation Inc	COM	773903109	998	5,085	SH		SOLE		5,085	0	0
Royal Caribbean Cruises Ltd	COM	v7780t103	361	3,025	SH		SOLE		3,025	0	0
Schlumberger Ltd	COM	806857108	216	3,200	SH		SOLE		3,200	0	0
Sherwin Williams Co	COM	824348106	322	785	SH		SOLE		785	0	0
Sirius XM Holdings Inc	COM	82968b103	169	31,500	SH		SOLE		31,500	0	0
Smith A O	COM	831865209	907	14,800	SH		SOLE		14,800	0	0
Spring Bank Pharmaceuticals In	COM	849431101	1,821	146,875	SH		SOLE		146,875	0	0
SVB Financial Group	COM	78486q101	1,157	4,950	SH		SOLE		4,950	0	0
Tapestry Inc	COM	876030107	1,322	29,900	SH		SOLE		29,900	0	0
Textron Inc	COM	883203101	1,277	22,565	SH		SOLE		22,565	0	0
Thermo Fisher Scientific Inc	COM	883556102	231	1,214	SH		SOLE		1,214	0	0
Thor Industries Inc	COM	885160101	4,081	27,078	SH		SOLE		27,078	0	0
Tiffany & Co	COM	886547108	1,339	12,880	SH		SOLE		12,880	0	0
United Rentals Inc	COM	911363109	735	4,275	SH		SOLE		4,275	0	0
United Technologies Corp	COM	913017109	542	4,250	SH		SOLE		4,250	0	0
UnitedHealth Group Inc	COM	91324p102	3,189	14,465	SH		SOLE		14,465	0	0
Verizon Communications Inc	COM	92343v104	775	14,650	SH		SOLE		14,650	0	0
Vertex Pharmaceuticals Inc	COM	92532f100	799	5,330	SH		SOLE		5,330	0	0
VF Corp	COM	918204108	5,784	78,165	SH		SOLE		78,165	0	0
Walgreens Boots Alliance Inc	COM	931427108	389	5,350	SH		SOLE		5,350	0	0
Western Digital Corp	COM	958102105	620	7,800	SH		SOLE		7,800	0	0
Westlake Chem Corp	COM	960413102	328	3,080	SH		SOLE		3,080	0	0
Yum China Holdings Inc	COM	98850p109	1,702	42,525	SH		SOLE		42,525	0	0
Bunge Limited Conv Pfd Perp	CONV PREF	g16962204	364	3,500	SH		SOLE		3,500	0	0
Alibaba Group Holding Ltd Sp A	ADR	01609w102	3,915	22,703	SH		SOLE		22,703	0	0
LVMH Moet Hennessy Louis Vuitt	COM	502441306	274	4,650	SH		SOLE		4,650	0	0
NetEase Inc Sp ADR	ADR	64110w102	680	1,972	SH		SOLE		1,972	0	0
Tencent Holdings Ltd ADR	ADR	88032q109	5,696	109,675	SH		SOLE		109,675	0	0
BNY Mellon Small Cap Multi Str	MUTUAL FUND	05569m889	222	11,573	SH		SOLE		11,573	0	0
Dreyfus Premier Inv Funds Inc Large Cap Equity Cl I	MUTUAL FUND	261986541	274	12,701	SH		SOLE		12,701	0	0
Brookfield Infrast Partners LP	MLP	g16252101	984	21,950	SH		SOLE		21,950	0	0
Enbridge Energy Partners LP	MLP	29250r106	138	10,000	SH		SOLE		10,000	0	0
Annaly Cap Mgmt Inc	REIT	035710409	622	52,350	SH		SOLE		52,350	0	0
Capstead Mtg Corp	REIT	14067e506	121	14,000	SH		SOLE		14,000	0	0
Coresite Realty Corp	REIT	21870q105	3,125	27,440	SH		SOLE		27,440	0	0
Rayonier Inc	REIT	754907103	269	8,500	SH		SOLE		8,500	0	0
W P Carey Inc	COM	92936u109	403	5,850	SH		SOLE		5,850	0	0
Weyerhaeuser Co	COM	962166104	1,306	37,050	SH		SOLE		37,050	0	0