Navellier & Associates 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
AT&T Inc	COM	00206R102	8,166	196,541	SH		SOLE		196,541	0	0
AbbVie Inc.	COM	00287Y109	2,134	32,755	SH		SOLE		32,755	0	0
Abiomed Inc.	COM	003654100	721	5,760	SH		SOLE		5,760	0	0
Accenture Ltd.	COM	G1151C101	8	64	SH		SOLE		64	0	0
Adidas AG	COM	00687A107	82	865	SH		SOLE		865	0	0
Adobe Systems Inc.	COM	00724F101	4,803	36,909	SH		SOLE		36,909	0	0
Advanced Energy Industries Inc	COM	007973100	731	10,656	SH		SOLE		10,656	0	0
Alaska Air Group Inc.	COM	011659109	241	2,618	SH		SOLE		2,618	0	0
Align Technology Inc.	COM	016255101	7,548	65,798	SH		SOLE		65,798	0	0
Altria Group Inc.	COM	02209S103	3,926	54,967	SH		SOLE		54,967	0	0
Amazon.Com Inc.	COM	023135106	7,217	8,141	SH		SOLE		8,141	0	0
American Express Co.	COM	025816109	1,875	23,700	SH		SOLE		23,700	0	0
American Homes 4 Rent Class A	COM	02665T306	687	29,940	SH		SOLE		29,940	0	0
American Water Works	COM	030420103	5,192	66,766	SH		SOLE		66,766	0	0
Amgen Inc.	COM	031162100	6,727	41,000	SH		SOLE		41,000	0	0
Apple Computer Inc.	COM	037833100	1,671	11,632	SH		SOLE		11,632	0	0
Applied Materials Inc.	COM	038222105	4,806	123,551	SH		SOLE		123,551	0	0
Arch Capital Group Ltd.	COM	G0450A105	647	6,827	SH		SOLE		6,827	0	0
Ares Management LP	COM	04014Y101	299	15,752	SH		SOLE		15,752	0	0
Argan Inc.	COM	04010E109	949	14,345	SH		SOLE		14,345	0	0
Arista Networks, Inc.	COM	040413106	4,465	33,760	SH		SOLE		33,760	0	0
Armada Hoffler Properties, Inc	COM	04208T108	827	59,557	SH		SOLE		59,557	0	0
Asure Software, Inc.	COM	04649U102	454	44,178	SH		SOLE		44,178	0	0
Avery Dennison Corp.	COM	053611109	5,577	69,189	SH		SOLE		69,189	0	0
Axon Enterprise Inc.	COM	05464C101	201	8,808	SH		SOLE		8,808	0	0
BCE Inc.	COM	05534B760	349	7,884	SH		SOLE		7,884	0	0
BWX Technologies, Inc.	COM	05605H100	363	7,627	SH		SOLE		7,627	0	0
Banco Santander - Brazil	COM	05967A107	3,846	436,012	SH		SOLE		436,012	0	0
Bancolombia S.A.	COM	05968L102	517	12,976	SH		SOLE		12,976	0	0
Baxter International Inc.	COM	071813109	5,494	105,937	SH		SOLE		105,937	0	0
Berry Plastics Group, Inc.	COM	08579W103	1,278	26,309	SH		SOLE		26,309	0	0
Boeing Co.	COM	097023105	536	3,028	SH		SOLE		3,028	0	0
Broadcom, LTD	COM	Y09827109	9,014	41,165	SH		SOLE		41,165	0	0
CONE Midstream Partners LP	COM	206812109	2,155	91,254	SH		SOLE		91,254	0	0
CRH Medical Corporation	COM	12626F105	198	24,100	SH		SOLE		24,100	0	0
Cabot Microelectronics Corp.	COM	12709P103	1,407	18,366	SH		SOLE		18,366	0	0
Callon Petroleum Co.	COM	13123X102	991	75,276	SH		SOLE		75,276	0	0
Cambrex Corp.	COM	132011107	765	13,894	SH		SOLE		13,894	0	0
Cantel Medical Corp.	COM	138098108	330	4,123	SH		SOLE		4,123	0	0
Carbonite, Inc.	COM	141337105	355	17,508	SH		SOLE		17,508	0	0
CareTrust REIT Inc	COM	14174T107	697	41,410	SH		SOLE		41,410	0	0
Cemtrex, Inc.	COM	15130G303	320	90,682	SH		SOLE		90,682	0	0
Centene Corp.	COM	15135B101	391	5,486	SH		SOLE		5,486	0	0
Centerstate Banks Of Florida I	COM	15201P109	539	20,802	SH		SOLE		20,802	0	0
Ceva Inc.	COM	157210105	240	6,756	SH		SOLE		6,756	0	0
Charter Financial Corp.	COM	16122W108	306	15,562	SH		SOLE		15,562	0	0
Chesapeake Utilities Corp.	COM	165303108	348	5,029	SH		SOLE		5,029	0	0
Children's Place Retail Stores	COM	168905107	400	3,334	SH		SOLE		3,334	0	0
Chimera Investment Corporation	COM	16934Q208	479	23,751	SH		SOLE		23,751	0	0
China Lodging Group Ltd. Spons	COM	16949N109	383	6,175	SH		SOLE		6,175	0	0
Cirrus Logic Inc.	COM	172755100	899	14,806	SH		SOLE		14,806	0	0
Cisco Systems Inc.	COM	17275R102	3,016	89,218	SH		SOLE		89,218	0	0
Cms Energy Corp.	COM	125896100	614	13,717	SH		SOLE		13,717	0	0
Cognex Corp.	COM	192422103	7,538	89,796	SH		SOLE		89,796	0	0
Coherent Inc.	COM	192479103	5,313	25,837	SH		SOLE		25,837	0	0
Commscope Holding Co Inc	COM	20337X109	493	11,820	SH		SOLE		11,820	0	0
Compania De Minas Buenaventura	COM	204448104	255	21,200	SH		SOLE		21,200	0	0
Consumer Staples Select Sector	COM	81369Y308	3,291	60,299	SH		SOLE		60,299	0	0
Copart Inc.	COM	217204106	1,122	18,115	SH		SOLE		18,115	0	0
Core Mark Holding Company, Inc	COM	218681104	482	15,452	SH		SOLE		15,452	0	0
Costco Wholesale Corp.	COM	22160K105	1,090	6,500	SH		SOLE		6,500	0	0
Cracker Barrel Old Country	COM	22410J106	689	4,328	SH		SOLE		4,328	0	0
Cross Country Healthcare Inc.	COM	227483104	161	11,241	SH		SOLE		11,241	0	0
Csx Corp.	COM	126408103	1,192	25,600	SH		SOLE		25,600	0	0
Cummins Inc.	COM	231021106	2,410	15,937	SH		SOLE		15,937	0	0
Cyberoptics Corp.	COM	232517102	381	14,689	SH		SOLE		14,689	0	0
CyrusOne, Inc.	COM	23283R100	1,054	20,487	SH		SOLE		20,487	0	0
DRDGOLD Limited Sponsored ADR	COM	26152H301	271	55,206	SH		SOLE		55,206	0	0
Darden Restaurants Inc.	COM	237194105	4,891	58,458	SH		SOLE		58,458	0	0
Devon Energy Corp.	COM	25179M103	5,004	119,942	SH		SOLE		119,942	0	0
Digital Realty Trust Inc.	COM	253868103	8,151	76,613	SH		SOLE		76,613	0	0
Dominion Resources Inc. (Virgi	COM	25746U109	404	5,208	SH		SOLE		5,208	0	0
Domino's Pizza Inc.	COM	25754A201	5,459	29,620	SH		SOLE		29,620	0	0
Douglas Dynamics Inc.	COM	25960R105	3,744	122,138	SH		SOLE		122,138	0	0
Dow Chemical Co.	COM	260543103	2,932	46,152	SH		SOLE		46,152	0	0
Dunkin Brands Group, Inc.	COM	265504100	4,898	89,571	SH		SOLE		89,571	0	0
Dupont Fabros Technology Inc	COM	26613Q106	475	9,586	SH		SOLE		9,586	0	0
ELLIE MAE Inc.	COM	28849P100	694	6,926	SH		SOLE		6,926	0	0
Eaton Corp.	COM	G29183103	2,354	31,748	SH		SOLE		31,748	0	0
Ebix Inc.	COM	278715206	305	4,986	SH		SOLE		4,986	0	0
Eldorado Resorts Inc	COM	28470R102	520	27,497	SH		SOLE		27,497	0	0
Eli Lilly & Co.	COM	532457108	1,371	16,300	SH		SOLE		16,300	0	0
Ennis Inc.	COM	293389102	397	23,340	SH		SOLE		23,340	0	0
Enviva Partners LP	COM	29414J107	623	22,154	SH		SOLE		22,154	0	0
Exxon Mobil Corp.	COM	30231G102	2,403	29,300	SH		SOLE		29,300	0	0
Fabrinet	COM	G3323L100	916	21,796	SH		SOLE		21,796	0	0
Facebook Inc.	COM	30303M102	11,303	79,570	SH		SOLE		79,570	0	0
Ferrari NV	COM	N3167Y103	686	9,222	SH		SOLE		9,222	0	0
Financial Select Sector Spdr F	COM	81369Y605	3,227	135,984	SH		SOLE		135,984	0	0
Finisar Corporation	COM	31787A507	5,820	212,891	SH		SOLE		212,891	0	0
First American Financial Corp.	COM	31847R102	537	13,679	SH		SOLE		13,679	0	0
First Bank	COM	31931U102	119	10,000	SH		SOLE		10,000	0	0
First Trust Emerging Markets A	COM	33737J182	450	19,675	SH		SOLE		19,675	0	0
First Trust Energy AlphaDex Fd	COM	33734X127	264	17,523	SH		SOLE		17,523	0	0
First Trust Financials AlphaDe	COM	33734X135	12,032	434,372	SH		SOLE		434,372	0	0
First Trust Healthcare AlphaDe	COM	33734X143	11,917	190,924	SH		SOLE		190,924	0	0
First Trust Indust./Prod.Dura	COM	33734X150	12,289	358,066	SH		SOLE		358,066	0	0
First Trust Materials AlphaDex	COM	33734X168	11,476	303,047	SH		SOLE		303,047	0	0
First Trust S&P REIT Index Fd.	COM	33734G108	218	9,462	SH		SOLE		9,462	0	0
First Trust Technology AlphaDe	COM	33734X176	12,078	287,363	SH		SOLE		287,363	0	0
First Trust Utilities AlphaDex	COM	33734X184	390	14,246	SH		SOLE		14,246	0	0
FirstTrust NASDAQ Tech.	COM	337345102	12,477	207,434	SH		SOLE		207,434	0	0
Gencor Industries, Inc.	COM	368678108	206	13,750	SH		SOLE		13,750	0	0
General Mills Inc.	COM	370334104	1,391	23,565	SH		SOLE		23,565	0	0
Getty Realty Corp.	COM	374297109	1,297	51,320	SH		SOLE		51,320	0	0
Gibraltar Industries Inc.	COM	374689107	351	8,528	SH		SOLE		8,528	0	0
Glaukos Corp	COM	377322102	1,628	31,740	SH		SOLE		31,740	0	0
Global Payments Inc.	COM	37940X102	4,020	49,824	SH		SOLE		49,824	0	0
Granite Construction Inc.	COM	387328107	352	7,008	SH		SOLE		7,008	0	0
GrubHub, Inc	COM	400110102	367	11,144	SH		SOLE		11,144	0	0
HCI Group Inc	COM	40416E103	2,342	51,382	SH		SOLE		51,382	0	0
Hackett Group Inc. (The)	COM	404609109	558	28,622	SH		SOLE		28,622	0	0
Health Insurance Innovations,	COM	42225K106	1,135	70,943	SH		SOLE		70,943	0	0
Hecla Mining Co.	COM	422704106	310	58,610	SH		SOLE		58,610	0	0
Heico Corp.	COM	422806109	5,116	58,671	SH		SOLE		58,671	0	0
Heska Corp.	COM	42805E306	885	8,430	SH		SOLE		8,430	0	0
Home Depot Inc.	COM	437076102	258	1,754	SH		SOLE		1,754	0	0
Hudson Pacific Properties, Inc	COM	444097109	666	19,223	SH		SOLE		19,223	0	0
IDT Corp. Class B	COM	448947507	267	20,976	SH		SOLE		20,976	0	0
Idexx Laboratories Inc.	COM	45168D104	11,273	72,911	SH		SOLE		72,911	0	0
Independent Bank Group, Inc.	COM	45384B106	285	4,427	SH		SOLE		4,427	0	0
Ingredion Incorporated	COM	457187102	3,806	31,607	SH		SOLE		31,607	0	0
Insperity, Inc.	COM	45778Q107	442	4,986	SH		SOLE		4,986	0	0
Intel Corp.	COM	458140100	6,626	183,703	SH		SOLE		183,703	0	0
Interdigital Inc.	COM	45867G101	1,119	12,965	SH		SOLE		12,965	0	0
International Business Machine	COM	459200101	2,769	15,903	SH		SOLE		15,903	0	0
Intevac Inc.	COM	461148108	310	24,779	SH		SOLE		24,779	0	0
Intuitive Surgical Inc.	COM	46120E602	5,499	7,174	SH		SOLE		7,174	0	0
Ishares Barclays Tips Bond Fun	COM	464287176	3,286	28,660	SH		SOLE		28,660	0	0
Ishares Dow Jones U.S. Financi	COM	464287788	4,780	45,940	SH		SOLE		45,940	0	0
Ishares Dow Jones U.S. Technol	COM	464287721	8,854	65,501	SH		SOLE		65,501	0	0
Ishares Iboxx $ High Yield Cor	COM	464288513	434	4,948	SH		SOLE		4,948	0	0
Ishares Msci Pacific Ex-Japan	COM	464286665	3,261	72,974	SH		SOLE		72,974	0	0
Ishares Trust Dow Jones U.S. B	COM	464287838	4,865	54,578	SH		SOLE		54,578	0	0
Ishares Trust Dow Jones U.S. C	COM	464287580	4,934	30,659	SH		SOLE		30,659	0	0
Ishares Trust Dow Jones U.S. I	COM	464287754	8,003	63,550	SH		SOLE		63,550	0	0
John Bean Technologies Corp.	COM	477839104	836	9,510	SH		SOLE		9,510	0	0
Johnson & Johnson	COM	478160104	1,719	13,800	SH		SOLE		13,800	0	0
Jpmorgan Chase & Co.	COM	46625H100	422	4,800	SH		SOLE		4,800	0	0
Keycorp	COM	493267108	1,486	83,600	SH		SOLE		83,600	0	0
Kla-Tencor Corp.	COM	482480100	234	2,465	SH		SOLE		2,465	0	0
Kraft Heinz Company	COM	500754106	1,922	21,160	SH		SOLE		21,160	0	0
Kulicke & Soffa Industries Inc	COM	501242101	1,004	49,410	SH		SOLE		49,410	0	0
LCI Industries	COM	50189K103	970	9,717	SH		SOLE		9,717	0	0
Lamar Advertising Co. Class A	COM	512816109	225	3,005	SH		SOLE		3,005	0	0
Lazard Ltd.	COM	G54050102	2,189	47,599	SH		SOLE		47,599	0	0
Life Storage, Inc.	COM	53223X107	1,824	22,208	SH		SOLE		22,208	0	0
Ligand Pharmaceuticals Inc.	COM	53220K504	509	4,805	SH		SOLE		4,805	0	0
Lockheed Martin Corp.	COM	539830109	12,803	47,843	SH		SOLE		47,843	0	0
MSCI Inc.	COM	55354G100	338	3,478	SH		SOLE		3,478	0	0
Main Street Capital	COM	56035L104	287	7,489	SH		SOLE		7,489	0	0
Marine Harvest ADR	COM	56824R205	307	20,128	SH		SOLE		20,128	0	0
Marketaxess Holdings Inc.	COM	57060D108	5,231	27,902	SH		SOLE		27,902	0	0
Mastec Inc.	COM	576323109	2,386	59,586	SH		SOLE		59,586	0	0
Materials Select Sector Spdr F	COM	81369Y100	3,407	65,008	SH		SOLE		65,008	0	0
Maxim Integrated Products Inc.	COM	57772K101	1,800	40,041	SH		SOLE		40,041	0	0
Maximus Inc.	COM	577933104	543	8,737	SH		SOLE		8,737	0	0
Mccormick & Co. Inc.	COM	579780206	248	2,540	SH		SOLE		2,540	0	0
Mcdonald's Corp.	COM	580135101	2,229	17,200	SH		SOLE		17,200	0	0
Mercadolibre Inc	COM	58733R102	510	2,410	SH		SOLE		2,410	0	0
Merck & Co.	COM	58933Y105	3,851	60,600	SH		SOLE		60,600	0	0
Mesa Laboratories Inc.	COM	59064R109	316	2,577	SH		SOLE		2,577	0	0
Meta Financial Group Inc.	COM	59100U108	360	4,065	SH		SOLE		4,065	0	0
Mettler-Toledo International I	COM	592688105	5,115	10,680	SH		SOLE		10,680	0	0
Micron Technology Inc.	COM	595112103	5,383	186,267	SH		SOLE		186,267	0	0
Microsoft Corp.	COM	594918104	6,955	105,599	SH		SOLE		105,599	0	0
Momo Inc Sponsored ADR Class A	COM	60879B107	794	23,314	SH		SOLE		23,314	0	0
Monolithic Power Systems, Inc.	COM	609839105	1,149	12,478	SH		SOLE		12,478	0	0
NV5 Holdings, Inc.	COM	62945V109	576	15,324	SH		SOLE		15,324	0	0
Nanometrics Inc.	COM	630077105	795	26,116	SH		SOLE		26,116	0	0
National Health Investors Inc.	COM	63633D104	399	5,487	SH		SOLE		5,487	0	0
Netease.Com Inc.	COM	64110W102	4,786	16,853	SH		SOLE		16,853	0	0
Netgear Inc.	COM	64111Q104	838	16,905	SH		SOLE		16,905	0	0
New Jersey Resources Corp.	COM	646025106	300	7,576	SH		SOLE		7,576	0	0
New Residential Investment Cor	COM	64828T201	742	43,690	SH		SOLE		43,690	0	0
Nike Inc.	COM	654106103	1,109	19,900	SH		SOLE		19,900	0	0
Nisource Inc.	COM	65473P105	290	12,208	SH		SOLE		12,208	0	0
Nordson Corp.	COM	655663102	269	2,188	SH		SOLE		2,188	0	0
Northrop Grumman Corp.	COM	666807102	4,152	17,459	SH		SOLE		17,459	0	0
Nova Measuring Instruments Ltd	COM	M7516K103	430	23,130	SH		SOLE		23,130	0	0
Nutrisystem Inc.	COM	67069D108	348	6,272	SH		SOLE		6,272	0	0
Nuvasive Inc.	COM	670704105	5,279	70,691	SH		SOLE		70,691	0	0
Nvidia Corp.	COM	67066G104	8,933	82,011	SH		SOLE		82,011	0	0
Oclaro, Inc.	COM	67555N206	3,751	381,958	SH		SOLE		381,958	0	0
Old Republic International Cor	COM	680223104	463	22,594	SH		SOLE		22,594	0	0
Oneok Inc.	COM	682680103	4,488	80,944	SH		SOLE		80,944	0	0
Orbotech Ltd.	COM	M75253100	1,624	50,350	SH		SOLE		50,350	0	0
Ormat Technologies Inc.	COM	686688102	462	8,090	SH		SOLE		8,090	0	0
PCM, Inc.	COM	69323K100	466	16,631	SH		SOLE		16,631	0	0
Pacific Premier Bancorp Inc.	COM	69478X105	1,336	34,653	SH		SOLE		34,653	0	0
Packaging Corp. Of America	COM	695156109	9,062	98,910	SH		SOLE		98,910	0	0
Papa John's International Inc.	COM	698813102	263	3,290	SH		SOLE		3,290	0	0
Patrick Industries Inc.	COM	703343103	516	7,283	SH		SOLE		7,283	0	0
Paychex Inc.	COM	704326107	1,407	23,893	SH		SOLE		23,893	0	0
Paycom Software Inc.	COM	70432V102	1,092	18,985	SH		SOLE		18,985	0	0
PennyMac Financial Services, I	COM	70932B101	348	20,426	SH		SOLE		20,426	0	0
Pepsico Inc.	COM	713448108	1,577	14,100	SH		SOLE		14,100	0	0
Pfizer Inc.	COM	717081103	359	10,506	SH		SOLE		10,506	0	0
Philip Morris International In	COM	718172109	462	4,094	SH		SOLE		4,094	0	0
Phillips 66	COM	718546104	1,236	15,600	SH		SOLE		15,600	0	0
Pinnacle Foods Inc	COM	72348P104	4,544	78,523	SH		SOLE		78,523	0	0
Pioneer Natural Resources Co.	COM	723787107	5,605	30,098	SH		SOLE		30,098	0	0
Powershares QQQ Trust	COM	73935A104	5,005	37,809	SH		SOLE		37,809	0	0
Procter & Gamble Co.	COM	742718109	2,454	27,316	SH		SOLE		27,316	0	0
Progressive Corp.	COM	743315103	529	13,513	SH		SOLE		13,513	0	0
Qualcomm Inc.	COM	747525103	3,667	63,951	SH		SOLE		63,951	0	0
Quanta Services Inc.	COM	74762E102	5,411	145,804	SH		SOLE		145,804	0	0
Raytheon Co.	COM	755111507	4,046	26,532	SH		SOLE		26,532	0	0
Republic Services Inc.	COM	760759100	10,290	163,832	SH		SOLE		163,832	0	0
Retail Opportunity Investments	COM	76131N101	553	26,300	SH		SOLE		26,300	0	0
Rexford Industrial Realty, Inc	COM	76169C100	802	35,604	SH		SOLE		35,604	0	0
Reynolds American Inc.	COM	761713106	8,553	135,713	SH		SOLE		135,713	0	0
Ross Stores Inc.	COM	778296103	4,366	66,284	SH		SOLE		66,284	0	0
SORL Auto Parts, Inc.	COM	78461U101	218	56,410	SH		SOLE		56,410	0	0
SPDR Barclays Convertible Secu	COM	78464A359	451	9,377	SH		SOLE		9,377	0	0
Safety Insurance Group Inc.	COM	78648T100	426	6,084	SH		SOLE		6,084	0	0
Schweitzer-Mauduit Internation	COM	808541106	3,032	73,193	SH		SOLE		73,193	0	0
Sciclone Pharmaceuticals Inc.	COM	80862K104	298	30,439	SH		SOLE		30,439	0	0
Seacoast Banking Corporation o	COM	811707801	371	15,475	SH		SOLE		15,475	0	0
Semiconductor Manufacturing In	COM	81663N206	738	117,494	SH		SOLE		117,494	0	0
Silicon Motion Technology (ADS	COM	82706C108	945	20,212	SH		SOLE		20,212	0	0
Sina Corp.	COM	G81477104	956	13,259	SH		SOLE		13,259	0	0
Six Flags Entertainment	COM	83001A102	2,311	38,841	SH		SOLE		38,841	0	0
Skyworks Solutions Inc.	COM	83088M102	269	2,750	SH		SOLE		2,750	0	0
Sociedad Quimica Y Minera De C	COM	833635105	5,313	154,594	SH		SOLE		154,594	0	0
SodaStream International Ltd.	COM	M9068E105	1,286	26,547	SH		SOLE		26,547	0	0
Spectrum Brands Holdings, Inc.	COM	84763R101	434	3,125	SH		SOLE		3,125	0	0
Standard & Poor's Depositary R	COM	78462F103	8,663	36,749	SH		SOLE		36,749	0	0
Steelcase Inc.	COM	858155203	2,051	122,436	SH		SOLE		122,436	0	0
Stmicroelectronics N.V.	COM	861012102	5,888	380,839	SH		SOLE		380,839	0	0
Sturm Ruger & Co.	COM	864159108	430	8,034	SH		SOLE		8,034	0	0
Summit Hotel Properties, Inc.,	COM	866082100	2,425	151,757	SH		SOLE		151,757	0	0
Synopsys Inc.	COM	871607107	5,219	72,361	SH		SOLE		72,361	0	0
Sysco Corp.	COM	871829107	481	9,268	SH		SOLE		9,268	0	0
Take-Two Interactive Software	COM	874054109	686	11,566	SH		SOLE		11,566	0	0
Tal Education Group	COM	874080104	1,882	17,663	SH		SOLE		17,663	0	0
Tech Data Corp.	COM	878237106	530	5,649	SH		SOLE		5,649	0	0
Teck Resources Ltd.	COM	878742204	4,429	202,239	SH		SOLE		202,239	0	0
Texas Instruments Inc.	COM	882508104	2,466	30,615	SH		SOLE		30,615	0	0
Toll Brothers Inc.	COM	889478103	208	5,774	SH		SOLE		5,774	0	0
Transdigm Group	COM	893641100	454	2,060	SH		SOLE		2,060	0	0
Ttm Technologies Inc.	COM	87305R109	797	49,439	SH		SOLE		49,439	0	0
Ubiquiti Networks Inc.	COM	90347A100	1,542	30,688	SH		SOLE		30,688	0	0
Ugi Corp.	COM	902681105	825	16,705	SH		SOLE		16,705	0	0
Ulta Beauty Inc.	COM	90384S303	16,077	56,364	SH		SOLE		56,364	0	0
Ultra Clean Holdings Inc.	COM	90385V107	629	37,262	SH		SOLE		37,262	0	0
Union Pacific Corp.	COM	907818108	4,343	41,000	SH		SOLE		41,000	0	0
Unitedhealth Group Inc.	COM	91324P102	4,011	24,459	SH		SOLE		24,459	0	0
VMware	COM	928563402	5,209	56,532	SH		SOLE		56,532	0	0
VanEck Vectors Agribusiness ET	COM	92189F700	251	4,700	SH		SOLE		4,700	0	0
Vanguard FTSE All-World ex-US	COM	922042775	469	9,798	SH		SOLE		9,798	0	0
Vantiv, Inc. Class A	COM	92210H105	11,128	173,552	SH		SOLE		173,552	0	0
Vector Group Ltd.	COM	92240M108	349	16,777	SH		SOLE		16,777	0	0
Veeva Systems, Inc.	COM	922475108	5,695	111,066	SH		SOLE		111,066	0	0
Verizon Communications	COM	92343V104	2,066	42,375	SH		SOLE		42,375	0	0
Vinci S.A. (ADS)	COM	927320101	278	14,000	SH		SOLE		14,000	0	0
Visteon Corp.	COM	92839U206	450	4,593	SH		SOLE		4,593	0	0
Vulcan Materials Co.	COM	929160109	2,004	16,637	SH		SOLE		16,637	0	0
Wal-Mart Stores Inc.	COM	931142103	1,117	15,500	SH		SOLE		15,500	0	0
Walker & Dunlop, Inc.	COM	93148P102	743	17,823	SH		SOLE		17,823	0	0
Walt Disney Co.	COM	254687106	2,517	22,200	SH		SOLE		22,200	0	0
Waste Management Inc.	COM	94106L109	5,929	81,314	SH		SOLE		81,314	0	0
Waterstone Financial, Inc.	COM	94188P101	498	27,290	SH		SOLE		27,290	0	0
Watsco Inc.	COM	942622200	1,591	11,114	SH		SOLE		11,114	0	0
Weibo Corp Sponsored ADR Class	COM	948596101	4,867	93,269	SH		SOLE		93,269	0	0
Weis Markets Inc.	COM	948849104	299	5,016	SH		SOLE		5,016	0	0
Wellcare Group Inc.	COM	94946T106	237	1,688	SH		SOLE		1,688	0	0
West Pharmaceutical Services I	COM	955306105	4,542	55,652	SH		SOLE		55,652	0	0
Westar Energy Inc.	COM	95709T100	3,862	71,168	SH		SOLE		71,168	0	0
Western Alliance Bancorp	COM	957638109	776	15,809	SH		SOLE		15,809	0	0
Western Union Co.	COM	959802109	1,727	84,841	SH		SOLE		84,841	0	0
Wildan Group, Inc.	COM	96924N100	980	30,364	SH		SOLE		30,364	0	0
Winmark Corp.	COM	974250102	212	1,878	SH		SOLE		1,878	0	0
Xinyuan Real Estate Co. Ltd. S	COM	98417P105	324	73,405	SH		SOLE		73,405	0	0
Yirendai Ltd. Sponsored ADR	COM	98585L100	406	16,187	SH		SOLE		16,187	0	0
Zayo Group Holdings, Inc.	COM	98919V105	428	12,999	SH		SOLE		12,999	0	0
iShares MSCI ACWI ETF	COM	464288257	464	7,332	SH		SOLE		7,332	0	0