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
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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
51Job Inc.	COM	316827104	440	9,839	SH		SOLE		9,839	0	0
AbbVie Inc.	COM	00287Y109	2,454	33,840	SH		SOLE		33,840	0	0
Abiomed Inc.	COM	003654100	745	5,201	SH		SOLE		5,201	0	0
Adobe Systems Inc.	COM	00724F101	2,937	20,763	SH		SOLE		20,763	0	0
Advanced Energy Industries Inc	COM	007973100	1,106	17,098	SH		SOLE		17,098	0	0
Advanced Semiconductor Enginee	COM	00756M404	3	508	SH		SOLE		508	0	0
Alaska Air Group Inc.	COM	011659109	209	2,329	SH		SOLE		2,329	0	0
Align Technology Inc.	COM	016255101	10,322	68,761	SH		SOLE		68,761	0	0
Altria Group Inc.	COM	02209S103	1,533	20,585	SH		SOLE		20,585	0	0
Amazon.Com Inc.	COM	023135106	5,719	5,908	SH		SOLE		5,908	0	0
Ambev S.A.	COM	02319V103	2	442	SH		SOLE		442	0	0
American Express Co.	COM	025816109	1,921	22,800	SH		SOLE		22,800	0	0
American Homes 4 Rent Class A	COM	02665T306	605	26,817	SH		SOLE		26,817	0	0
Amgen Inc.	COM	031162100	6,631	38,500	SH		SOLE		38,500	0	0
Appfolio Inc	COM	03783C100	257	7,874	SH		SOLE		7,874	0	0
Apple Computer Inc.	COM	037833100	1,821	12,642	SH		SOLE		12,642	0	0
Applied Materials Inc.	COM	038222105	4,490	108,689	SH		SOLE		108,689	0	0
Applied Optoelectronics Inc	COM	03823U102	1,288	20,843	SH		SOLE		20,843	0	0
Arbor Realty Trust Inc.	COM	038923108	375	45,022	SH		SOLE		45,022	0	0
Arch Capital Group Ltd.	COM	G0450A105	561	6,012	SH		SOLE		6,012	0	0
Arcos Dorados Holdings, Inc. C	COM	G0457F107	4	490	SH		SOLE		490	0	0
Argan Inc.	COM	04010E109	887	14,780	SH		SOLE		14,780	0	0
Arista Networks, Inc.	COM	040413106	10,053	67,115	SH		SOLE		67,115	0	0
Armada Hoffler Properties, Inc	COM	04208T108	777	59,964	SH		SOLE		59,964	0	0
Asure Software, Inc.	COM	04649U102	730	49,953	SH		SOLE		49,953	0	0
AT&T Inc	COM	00206R102	4,924	130,511	SH		SOLE		130,511	0	0
Avery Dennison Corp.	COM	053611109	3,448	39,017	SH		SOLE		39,017	0	0
Axcelis Technologies	COM	054540208	379	18,098	SH		SOLE		18,098	0	0
Banco Bradesco S.A.	COM	059460303	3	364	SH		SOLE		364	0	0
Banco Santander - Brazil	COM	05967A107	1,562	207,431	SH		SOLE		207,431	0	0
Baozun Inc -Adr	COM	06684L103	588	26,537	SH		SOLE		26,537	0	0
Baxter International Inc.	COM	071813109	5,457	90,135	SH		SOLE		90,135	0	0
BCE Inc.	COM	05534B760	348	7,731	SH		SOLE		7,731	0	0
Berry Plastics Group, Inc.	COM	08579W103	1,329	23,311	SH		SOLE		23,311	0	0
Big 5 Sporting Goods Corp.	COM	08915P101	3,255	249,434	SH		SOLE		249,434	0	0
Boeing Co.	COM	097023105	2,837	14,346	SH		SOLE		14,346	0	0
Broadcom, LTD	COM	Y09827109	6,196	26,587	SH		SOLE		26,587	0	0
Brookfield Infastructure Partn	COM	G16252101	600	14,671	SH		SOLE		14,671	0	0
BWX Technologies, Inc.	COM	05605H100	345	7,070	SH		SOLE		7,070	0	0
Cabot Microelectronics Corp.	COM	12709P103	1,446	19,590	SH		SOLE		19,590	0	0
Cambrex Corp.	COM	132011107	710	11,877	SH		SOLE		11,877	0	0
Camtek Ltd.	COM	M20791105	208	42,977	SH		SOLE		42,977	0	0
Cantel Medical Corp.	COM	138098108	275	3,527	SH		SOLE		3,527	0	0
Carbonite, Inc.	COM	141337105	354	16,223	SH		SOLE		16,223	0	0
Care Cap Pptys Inc	COM	141624106	416	15,576	SH		SOLE		15,576	0	0
CareTrust REIT Inc	COM	14174T107	776	41,831	SH		SOLE		41,831	0	0
Cavalier Fundamental Growth Fu	COM	85520V335	5,478	412,207	SH		SOLE		412,207	0	0
Cemtrex, Inc.	COM	15130G303	301	83,570	SH		SOLE		83,570	0	0
Centene Corp.	COM	15135B101	395	4,943	SH		SOLE		4,943	0	0
Centennial Resource Dev Inc	COM	15136A102	402	25,414	SH		SOLE		25,414	0	0
Centerstate Banks Of Florida I	COM	15201P109	475	19,087	SH		SOLE		19,087	0	0
Ceva Inc.	COM	157210105	263	5,778	SH		SOLE		5,778	0	0
Charter Financial Corp.	COM	16122W108	239	13,278	SH		SOLE		13,278	0	0
Chemours Co.	COM	163851108	2,632	69,419	SH		SOLE		69,419	0	0
Chesapeake Utilities Corp.	COM	165303108	323	4,307	SH		SOLE		4,307	0	0
Children's Place Retail Stores	COM	168905107	347	3,399	SH		SOLE		3,399	0	0
Chimera Investment Corporation	COM	16934Q208	412	22,126	SH		SOLE		22,126	0	0
China Lodging Group Ltd. Spons	COM	16949N109	550	6,811	SH		SOLE		6,811	0	0
Cielo S/A ADS	COM	171778202	4	512	SH		SOLE		512	0	0
Cirrus Logic Inc.	COM	172755100	827	13,182	SH		SOLE		13,182	0	0
Cisco Systems Inc.	COM	17275R102	2,826	90,289	SH		SOLE		90,289	0	0
Cognex Corp.	COM	192422103	7,397	87,122	SH		SOLE		87,122	0	0
Coherent Inc.	COM	192479103	6,514	28,953	SH		SOLE		28,953	0	0
Commscope Holding Co Inc	COM	20337X109	414	10,884	SH		SOLE		10,884	0	0
CONE Midstream Partners LP	COM	206812109	1,571	82,903	SH		SOLE		82,903	0	0
Copart Inc.	COM	217204106	633	19,916	SH		SOLE		19,916	0	0
Core Mark Holding Company, Inc	COM	218681104	437	13,231	SH		SOLE		13,231	0	0
Costco Wholesale Corp.	COM	22160K105	1,008	6,300	SH		SOLE		6,300	0	0
Cracker Barrel Old Country	COM	22410J106	627	3,748	SH		SOLE		3,748	0	0
CRH Medical Corporation	COM	12626F105	137	24,100	SH		SOLE		24,100	0	0
Csx Corp.	COM	126408103	4,192	76,825	SH		SOLE		76,825	0	0
Cummins Inc.	COM	231021106	2,673	16,476	SH		SOLE		16,476	0	0
Darden Restaurants Inc.	COM	237194105	2,952	32,642	SH		SOLE		32,642	0	0
Devon Energy Corp.	COM	25179M103	2,339	73,169	SH		SOLE		73,169	0	0
Digital Realty Trust Inc.	COM	253868103	5,031	44,540	SH		SOLE		44,540	0	0
Dominion Resources Inc. (Virgi	COM	25746U109	395	5,160	SH		SOLE		5,160	0	0
Domino's Pizza Inc.	COM	25754A201	9,705	45,879	SH		SOLE		45,879	0	0
Douglas Dynamics Inc.	COM	25960R105	3,946	119,929	SH		SOLE		119,929	0	0
DRDGOLD Limited Sponsored ADR	COM	26152H301	160	50,836	SH		SOLE		50,836	0	0
Dunkin Brands Group, Inc.	COM	265504100	5,194	94,229	SH		SOLE		94,229	0	0
Dupont Fabros Technology Inc	COM	26613Q106	2,886	47,182	SH		SOLE		47,182	0	0
Eaton Corp.	COM	G29183103	2,557	32,850	SH		SOLE		32,850	0	0
Ebix Inc.	COM	278715206	230	4,264	SH		SOLE		4,264	0	0
Eldorado Resorts Inc	COM	28470R102	508	25,390	SH		SOLE		25,390	0	0
Eli Lilly & Co.	COM	532457108	1,284	15,600	SH		SOLE		15,600	0	0
ELLIE MAE Inc.	COM	28849P100	665	6,049	SH		SOLE		6,049	0	0
Emcore Corp	COM	290846203	244	22,935	SH		SOLE		22,935	0	0
Ennis Inc.	COM	293389102	435	22,773	SH		SOLE		22,773	0	0
Enviva Partners LP	COM	29414J107	626	22,764	SH		SOLE		22,764	0	0
Exelixis Inc.	COM	30161Q104	1,054	42,811	SH		SOLE		42,811	0	0
Extra Space Storage Inc.	COM	30225T102	423	5,418	SH		SOLE		5,418	0	0
Exxon Mobil Corp.	COM	30231G102	2,327	28,829	SH		SOLE		28,829	0	0
Fabrinet	COM	G3323L100	411	9,633	SH		SOLE		9,633	0	0
Facebook Inc.	COM	30303M102	728	4,819	SH		SOLE		4,819	0	0
Ferrari NV	COM	N3167Y103	924	10,745	SH		SOLE		10,745	0	0
Financial Select Sector Spdr F	COM	81369Y605	3,227	130,821	SH		SOLE		130,821	0	0
Finisar Corporation	COM	31787A507	5,436	209,252	SH		SOLE		209,252	0	0
Finjan Holdings Inc'	COM	31788H303	201	61,200	SH		SOLE		61,200	0	0
First American Financial Corp.	COM	31847R102	2,687	60,114	SH		SOLE		60,114	0	0
First Bank	COM	31931U102	134	11,500	SH		SOLE		11,500	0	0
First Trust Biotechnology Inde	COM	33733E203	18,213	159,708	SH		SOLE		159,708	0	0
First Trust Consumer Disc. Alp	COM	33734X101	335	9,046	SH		SOLE		9,046	0	0
First Trust Dev. Mkts. ex-us A	COM	33737J174	506	9,161	SH		SOLE		9,161	0	0
First Trust Emerging Markets A	COM	33737J182	520	22,247	SH		SOLE		22,247	0	0
First Trust Healthcare AlphaDe	COM	33734X143	18,073	270,306	SH		SOLE		270,306	0	0
First Trust Indust./Prod.Dura	COM	33734X150	17,909	506,486	SH		SOLE		506,486	0	0
First Trust Materials AlphaDex	COM	33734X168	16,570	429,064	SH		SOLE		429,064	0	0
First Trust Technology AlphaDe	COM	33734X176	17,681	406,279	SH		SOLE		406,279	0	0
First Trust Utilities AlphaDex	COM	33734X184	438	16,106	SH		SOLE		16,106	0	0
FirstTrust NASDAQ Tech.	COM	337345102	18,302	293,350	SH		SOLE		293,350	0	0
Fox Factory Holding Corp.	COM	35138V102	718	20,164	SH		SOLE		20,164	0	0
Gencor Industries, Inc.	COM	368678108	190	11,758	SH		SOLE		11,758	0	0
General Mills Inc.	COM	370334104	1,352	24,404	SH		SOLE		24,404	0	0
GEOPARK LTD	COM	G38327105	171	22,700	SH		SOLE		22,700	0	0
Getty Realty Corp.	COM	374297109	652	25,992	SH		SOLE		25,992	0	0
Glaukos Corp	COM	377322102	1,381	33,307	SH		SOLE		33,307	0	0
Global Payments Inc.	COM	37940X102	2,543	28,159	SH		SOLE		28,159	0	0
Granite Construction Inc.	COM	387328107	289	5,993	SH		SOLE		5,993	0	0
Gravity Co., Ltd	COM	38911N206	230	12,650	SH		SOLE		12,650	0	0
GrubHub, Inc	COM	400110102	413	9,477	SH		SOLE		9,477	0	0
Hackett Group Inc. (The)	COM	404609109	380	24,515	SH		SOLE		24,515	0	0
HCI Group Inc	COM	40416E103	2,629	55,950	SH		SOLE		55,950	0	0
Health Insurance Innovations,	COM	42225K106	207	8,824	SH		SOLE		8,824	0	0
Hecla Mining Co.	COM	422704106	256	50,185	SH		SOLE		50,185	0	0
Heico Corp.	COM	422806109	5,538	77,094	SH		SOLE		77,094	0	0
Heska Corp.	COM	42805E306	614	6,011	SH		SOLE		6,011	0	0
Home Depot Inc.	COM	437076102	269	1,754	SH		SOLE		1,754	0	0
Hudson Pacific Properties, Inc	COM	444097109	571	16,706	SH		SOLE		16,706	0	0
Icici Bank Ltd.	COM	45104G104	4	438	SH		SOLE		438	0	0
Idexx Laboratories Inc.	COM	45168D104	9,954	61,665	SH		SOLE		61,665	0	0
Independent Bank Group, Inc.	COM	45384B106	225	3,777	SH		SOLE		3,777	0	0
Ingredion Incorporated	COM	457187102	238	1,996	SH		SOLE		1,996	0	0
Intel Corp.	COM	458140100	6,030	178,722	SH		SOLE		178,722	0	0
Interdigital Inc.	COM	45867G101	1,002	12,960	SH		SOLE		12,960	0	0
International Business Machine	COM	459200101	2,531	16,454	SH		SOLE		16,454	0	0
Intevac Inc.	COM	461148108	540	48,614	SH		SOLE		48,614	0	0
Intuitive Surgical Inc.	COM	46120E602	4,193	4,483	SH		SOLE		4,483	0	0
Ishares Barclays Tips Bond Fun	COM	464287176	3,129	27,583	SH		SOLE		27,583	0	0
Ishares Dow Jones U.S. Technol	COM	464287721	10,067	72,052	SH		SOLE		72,052	0	0
Ishares Iboxx $ High Yield Cor	COM	464288513	495	5,597	SH		SOLE		5,597	0	0
Ishares MSCI Japan ETF	COM	46434G822	3,327	62,006	SH		SOLE		62,006	0	0
Ishares Msci Pacific Ex-Japan	COM	464286665	3,124	70,230	SH		SOLE		70,230	0	0
Ishares Trust Dow Jones U.S. B	COM	464287838	5,878	65,789	SH		SOLE		65,789	0	0
Ishares Trust Dow Jones U.S. C	COM	464287580	6,064	36,951	SH		SOLE		36,951	0	0
Ishares Trust Dow Jones U.S. H	COM	464287762	6,258	37,639	SH		SOLE		37,639	0	0
Ishares Trust Dow Jones U.S. I	COM	464287754	9,276	70,539	SH		SOLE		70,539	0	0
JD.com,Inc.	COM	47215P106	786	20,045	SH		SOLE		20,045	0	0
John Bean Technologies Corp.	COM	477839104	829	8,456	SH		SOLE		8,456	0	0
Johnson & Johnson	COM	478160104	1,775	13,416	SH		SOLE		13,416	0	0
Jpmorgan Chase & Co.	COM	46625H100	1,339	14,653	SH		SOLE		14,653	0	0
Kamada, Ltd	COM	M6240T109	303	50,531	SH		SOLE		50,531	0	0
KB Financial Group Inc Adr	COM	48241A105	6	114	SH		SOLE		114	0	0
Keycorp	COM	493267108	1,488	79,400	SH		SOLE		79,400	0	0
Kla-Tencor Corp.	COM	482480100	228	2,495	SH		SOLE		2,495	0	0
Kosmos Energy Ltd.	COM	G5315B107	67	10,516	SH		SOLE		10,516	0	0
Kraft Heinz Company	COM	500754106	1,881	21,963	SH		SOLE		21,963	0	0
Kulicke & Soffa Industries Inc	COM	501242101	1,427	75,035	SH		SOLE		75,035	0	0
L.M. Ericsson Telephone Co.	COM	294821608	3	357	SH		SOLE		357	0	0
Lam Research Corp.	COM	512807108	2,432	17,193	SH		SOLE		17,193	0	0
Lasalle Hotel Properties	COM	517942108	413	13,855	SH		SOLE		13,855	0	0
Lazard Ltd.	COM	G54050102	2,606	56,251	SH		SOLE		56,251	0	0
LCI Industries	COM	50189K103	564	5,511	SH		SOLE		5,511	0	0
Ligand Pharmaceuticals Inc.	COM	53220K504	503	4,140	SH		SOLE		4,140	0	0
Lockheed Martin Corp.	COM	539830109	6,498	23,407	SH		SOLE		23,407	0	0
Logitech International S.A.	COM	H50430232	201	5,485	SH		SOLE		5,485	0	0
LyondellBasell Industries N.V.	COM	N53745100	436	5,161	SH		SOLE		5,161	0	0
Main Street Capital	COM	56035L104	248	6,457	SH		SOLE		6,457	0	0
Malayan Banking Berhad Sponsor	COM	56108H105	3	669	SH		SOLE		669	0	0
Marathon Petroleum Corp.	COM	56585A102	2,911	55,623	SH		SOLE		55,623	0	0
Marketaxess Holdings Inc.	COM	57060D108	5,896	29,317	SH		SOLE		29,317	0	0
Mastec Inc.	COM	576323109	2,440	54,047	SH		SOLE		54,047	0	0
Materials Select Sector Spdr F	COM	81369Y100	3,368	62,593	SH		SOLE		62,593	0	0
Maxim Integrated Products Inc.	COM	57772K101	1,857	41,353	SH		SOLE		41,353	0	0
Maximus Inc.	COM	577933104	468	7,472	SH		SOLE		7,472	0	0
Mccormick & Co. Inc.	COM	579780206	220	2,259	SH		SOLE		2,259	0	0
Mcdonald's Corp.	COM	580135101	3,890	25,400	SH		SOLE		25,400	0	0
Melco Resorts & Entertainment	COM	585464100	194	8,638	SH		SOLE		8,638	0	0
Mercadolibre Inc	COM	58733R102	72	286	SH		SOLE		286	0	0
Merck & Co.	COM	58933Y105	3,672	57,291	SH		SOLE		57,291	0	0
Mesa Laboratories Inc.	COM	59064R109	316	2,207	SH		SOLE		2,207	0	0
Meta Financial Group Inc.	COM	59100U108	335	3,760	SH		SOLE		3,760	0	0
Mettler-Toledo International I	COM	592688105	4,163	7,074	SH		SOLE		7,074	0	0
Micron Technology Inc.	COM	595112103	10,176	340,780	SH		SOLE		340,780	0	0
Microsoft Corp.	COM	594918104	6,895	100,027	SH		SOLE		100,027	0	0
Mks Instruments Inc.	COM	55306N104	661	9,826	SH		SOLE		9,826	0	0
Momo Inc Sponsored ADR Class A	COM	60879B107	1,403	37,964	SH		SOLE		37,964	0	0
Monolithic Power Systems, Inc.	COM	609839105	1,066	11,058	SH		SOLE		11,058	0	0
MSCI Inc.	COM	55354G100	318	3,091	SH		SOLE		3,091	0	0
Nanometrics Inc.	COM	630077105	348	13,742	SH		SOLE		13,742	0	0
National Health Investors Inc.	COM	63633D104	423	5,347	SH		SOLE		5,347	0	0
Netease.Com Inc.	COM	64110W102	2,814	9,359	SH		SOLE		9,359	0	0
Netflix Inc.	COM	64110L106	492	3,295	SH		SOLE		3,295	0	0
Netgear Inc.	COM	64111Q104	382	8,854	SH		SOLE		8,854	0	0
New Jersey Resources Corp.	COM	646025106	258	6,488	SH		SOLE		6,488	0	0
New Residential Investment Cor	COM	64828T201	699	44,910	SH		SOLE		44,910	0	0
NextEra Energy Inc	COM	65339F101	2,090	14,918	SH		SOLE		14,918	0	0
Nidec Corp.	COM	654090109	6	228	SH		SOLE		228	0	0
Nike Inc.	COM	654106103	1,139	19,300	SH		SOLE		19,300	0	0
Nmi Holdings Inc	COM	629209305	447	39,034	SH		SOLE		39,034	0	0
Nokia Corp.	COM	654902204	3	482	SH		SOLE		482	0	0
Nordson Corp.	COM	655663102	249	2,049	SH		SOLE		2,049	0	0
Northrop Grumman Corp.	COM	666807102	2,389	9,308	SH		SOLE		9,308	0	0
Nova Measuring Instruments Ltd	COM	M7516K103	644	29,166	SH		SOLE		29,166	0	0
Novanta Inc	COM	67000B104	401	11,130	SH		SOLE		11,130	0	0
Nutrisystem Inc.	COM	67069D108	1,293	24,848	SH		SOLE		24,848	0	0
Nuvasive Inc.	COM	670704105	5,722	74,387	SH		SOLE		74,387	0	0
NV5 Holdings, Inc.	COM	62945V109	297	6,980	SH		SOLE		6,980	0	0
Nvidia Corp.	COM	67066G104	9,228	63,838	SH		SOLE		63,838	0	0
OAO Gazprom GDR	COM	368287207	2	446	SH		SOLE		446	0	0
Oclaro, Inc.	COM	67555N206	3,201	342,668	SH		SOLE		342,668	0	0
Old Republic International Cor	COM	680223104	429	21,966	SH		SOLE		21,966	0	0
Oneok Inc.	COM	682680103	2,421	46,415	SH		SOLE		46,415	0	0
Orbotech Ltd.	COM	M75253100	1,200	36,790	SH		SOLE		36,790	0	0
Ormat Technologies Inc.	COM	686688102	440	7,505	SH		SOLE		7,505	0	0
Pacific Premier Bancorp Inc.	COM	69478X105	1,124	30,464	SH		SOLE		30,464	0	0
Packaging Corp. Of America	COM	695156109	9,061	81,349	SH		SOLE		81,349	0	0
Papa John's International Inc.	COM	698813102	202	2,819	SH		SOLE		2,819	0	0
Paychex Inc.	COM	704326107	1,403	24,636	SH		SOLE		24,636	0	0
Paycom Software Inc.	COM	70432V102	1,153	16,849	SH		SOLE		16,849	0	0
PCM, Inc.	COM	69323K100	341	18,204	SH		SOLE		18,204	0	0
Pepsico Inc.	COM	713448108	499	4,318	SH		SOLE		4,318	0	0
Pfizer Inc.	COM	717081103	344	10,240	SH		SOLE		10,240	0	0
Philip Morris International In	COM	718172109	500	4,256	SH		SOLE		4,256	0	0
Phillips 66	COM	718546104	1,246	15,065	SH		SOLE		15,065	0	0
Pinnacle Foods Inc	COM	72348P104	2,530	42,591	SH		SOLE		42,591	0	0
Pioneer Natural Resources Co.	COM	723787107	2,920	18,301	SH		SOLE		18,301	0	0
Powershares Preferred Portfoli	COM	73936T565	201	13,300	SH		SOLE		13,300	0	0
Powershares QQQ Trust	COM	73935A104	6,275	45,587	SH		SOLE		45,587	0	0
Procter & Gamble Co.	COM	742718109	2,383	27,340	SH		SOLE		27,340	0	0
Qualcomm Inc.	COM	747525103	3,350	60,675	SH		SOLE		60,675	0	0
Quanta Services Inc.	COM	74762E102	5,052	153,450	SH		SOLE		153,450	0	0
Raytheon Co.	COM	755111507	2,227	13,793	SH		SOLE		13,793	0	0
Republic Services Inc.	COM	760759100	8,782	137,793	SH		SOLE		137,793	0	0
Retail Opportunity Investments	COM	76131N101	432	22,534	SH		SOLE		22,534	0	0
Rexford Industrial Realty, Inc	COM	76169C100	1,068	38,935	SH		SOLE		38,935	0	0
Reynolds American Inc.	COM	761713106	2,210	33,977	SH		SOLE		33,977	0	0
Rogers Corp.	COM	775133101	432	3,979	SH		SOLE		3,979	0	0
Rowe T Price Cap Appreciat Sh	COM	77954M105	259	9,064	SH		SOLE		9,064	0	0
Safety Insurance Group Inc.	COM	78648T100	404	5,912	SH		SOLE		5,912	0	0
Schweitzer-Mauduit Internation	COM	808541106	2,774	74,515	SH		SOLE		74,515	0	0
Sciclone Pharmaceuticals Inc.	COM	80862K104	286	26,032	SH		SOLE		26,032	0	0
Seacoast Banking Corporation o	COM	811707801	369	15,330	SH		SOLE		15,330	0	0
Seiko Epson	COM	81603X108	132	11,830	SH		SOLE		11,830	0	0
Semiconductor Manufacturing In	COM	81663N206	172	30,145	SH		SOLE		30,145	0	0
Sina Corp.	COM	G81477104	1,152	13,554	SH		SOLE		13,554	0	0
Six Flags Entertainment	COM	83001A102	2,202	36,945	SH		SOLE		36,945	0	0
Skyworks Solutions Inc.	COM	83088M102	235	2,446	SH		SOLE		2,446	0	0
Sociedad Quimica Y Minera De C	COM	833635105	3,406	103,144	SH		SOLE		103,144	0	0
SodaStream International Ltd.	COM	M9068E105	1,445	26,995	SH		SOLE		26,995	0	0
SORL Auto Parts, Inc.	COM	78461U101	449	67,285	SH		SOLE		67,285	0	0
SPDR Barclays Convertible Secu	COM	78464A359	526	10,601	SH		SOLE		10,601	0	0
SPDR Gold Shares	COM	78463V107	243	2,062	SH		SOLE		2,062	0	0
Spectrum Brands Holdings, Inc.	COM	84763R101	361	2,886	SH		SOLE		2,886	0	0
Standard & Poor's Depositary R	COM	78462F103	8,849	36,595	SH		SOLE		36,595	0	0
Steelcase Inc.	COM	858155203	1,771	126,499	SH		SOLE		126,499	0	0
Stmicroelectronics N.V.	COM	861012102	4,405	306,325	SH		SOLE		306,325	0	0
Sturm Ruger & Co.	COM	864159108	437	7,024	SH		SOLE		7,024	0	0
Summit Hotel Properties, Inc.,	COM	866082100	2,901	155,556	SH		SOLE		155,556	0	0
Sunshine Bancorp Inc	COM	86777J108	212	9,971	SH		SOLE		9,971	0	0
Synopsys Inc.	COM	871607107	5,562	76,265	SH		SOLE		76,265	0	0
Sysco Corp.	COM	871829107	454	9,030	SH		SOLE		9,030	0	0
Taiwan Semiconductor Manufactu	COM	874039100	13	363	SH		SOLE		363	0	0
Take-Two Interactive Software	COM	874054109	733	9,991	SH		SOLE		9,991	0	0
Tal Education Group	COM	874080104	2,569	21,001	SH		SOLE		21,001	0	0
Tech Data Corp.	COM	878237106	496	4,914	SH		SOLE		4,914	0	0
Teck Resources Ltd.	COM	878742204	2,254	130,079	SH		SOLE		130,079	0	0
Tencent Holdings Ltd. ADS	COM	88032Q109	24	670	SH		SOLE		670	0	0
Texas Instruments Inc.	COM	882508104	3,539	46,009	SH		SOLE		46,009	0	0
Toll Brothers Inc.	COM	889478103	202	5,124	SH		SOLE		5,124	0	0
Tower Semiconductor Ltd	COM	M87915274	1,204	50,489	SH		SOLE		50,489	0	0
Transdigm Group	COM	893641100	477	1,775	SH		SOLE		1,775	0	0
Treasury Wine Estates Limited	COM	89465J109	3	259	SH		SOLE		259	0	0
Ttm Technologies Inc.	COM	87305R109	769	44,278	SH		SOLE		44,278	0	0
Ubiquiti Networks Inc.	COM	90347A100	486	9,345	SH		SOLE		9,345	0	0
Ugi Corp.	COM	902681105	819	16,908	SH		SOLE		16,908	0	0
Ulta Beauty Inc.	COM	90384S303	13,628	47,428	SH		SOLE		47,428	0	0
Ultra Clean Holdings Inc.	COM	90385V107	1,424	75,973	SH		SOLE		75,973	0	0
Union Medical Healthcare	COM	00BYPFQH6	10	30,000	SH		SOLE		30,000	0	0
Union Pacific Corp.	COM	907818108	4,160	38,200	SH		SOLE		38,200	0	0
United Microelectronics Corp.	COM	910873405	2	900	SH		SOLE		900	0	0
Unitedhealth Group Inc.	COM	91324P102	2,780	14,994	SH		SOLE		14,994	0	0
Valero Energy Corp.	COM	91913Y100	422	6,257	SH		SOLE		6,257	0	0
VanEck Vectors Agribusiness ET	COM	92189F700	292	5,316	SH		SOLE		5,316	0	0
Vanguard FTSE All-World ex-US	COM	922042775	549	10,973	SH		SOLE		10,973	0	0
Vantiv, Inc. Class A	COM	92210H105	4,340	68,514	SH		SOLE		68,514	0	0
Vector Group Ltd.	COM	92240M108	312	14,643	SH		SOLE		14,643	0	0
Veeva Systems, Inc.	COM	922475108	7,086	115,578	SH		SOLE		115,578	0	0
Vinci S.A. (ADS)	COM	927320101	298	14,000	SH		SOLE		14,000	0	0
Visteon Corp.	COM	92839U206	402	3,936	SH		SOLE		3,936	0	0
VMware	COM	928563402	3,158	36,120	SH		SOLE		36,120	0	0
Walker & Dunlop, Inc.	COM	93148P102	937	19,181	SH		SOLE		19,181	0	0
Wal-Mart Stores Inc.	COM	931142103	341	4,500	SH		SOLE		4,500	0	0
Walt Disney Co.	COM	254687106	2,274	21,400	SH		SOLE		21,400	0	0
Waste Management Inc.	COM	94106L109	4,104	55,954	SH		SOLE		55,954	0	0
Waterstone Financial, Inc.	COM	94188P101	467	24,780	SH		SOLE		24,780	0	0
Watsco Inc.	COM	942622200	2,240	14,524	SH		SOLE		14,524	0	0
Weibo Corp Sponsored ADR Class	COM	948596101	5,690	85,603	SH		SOLE		85,603	0	0
Weis Markets Inc.	COM	948849104	209	4,287	SH		SOLE		4,287	0	0
Wellcare Group Inc.	COM	94946T106	274	1,525	SH		SOLE		1,525	0	0
Western Alliance Bancorp	COM	957638109	678	13,774	SH		SOLE		13,774	0	0
Western Digital Corp.	COM	958102105	3,389	38,251	SH		SOLE		38,251	0	0
Western Union Co.	COM	959802109	1,673	87,829	SH		SOLE		87,829	0	0
Wildan Group, Inc.	COM	96924N100	957	31,331	SH		SOLE		31,331	0	0
Winmark Corp.	COM	974250102	208	1,610	SH		SOLE		1,610	0	0
Yirendai Ltd. Sponsored ADR	COM	98585L100	451	18,048	SH		SOLE		18,048	0	0
Zayo Group Holdings, Inc.	COM	98919V105	441	14,261	SH		SOLE		14,261	0	0