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

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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	1,413	16,428	SH		SOLE		16,428	0	0
58.com Inc. Sponsored ADR	COM	31680Q104	495	6,200	SH		SOLE		6,200	0	0
ASE Industrial Holding Co., Lt	COM	00215W100	56	7,712	SH		SOLE		7,712	0	0
ASML Holding N.V.	COM	N07059210	3,148	15,853	SH		SOLE		15,853	0	0
AT&T Inc	COM	00206R102	2,356	66,077	SH		SOLE		66,077	0	0
AbbVie Inc.	COM	00287Y109	2,844	30,051	SH		SOLE		30,051	0	0
Abiomed Inc.	COM	003654100	3,158	10,853	SH		SOLE		10,853	0	0
Adobe Systems Inc.	COM	00724F101	3,551	16,436	SH		SOLE		16,436	0	0
Alibaba Group Holding	COM	01609W102	1,303	7,099	SH		SOLE		7,099	0	0
Align Technology Inc.	COM	016255101	12,627	50,280	SH		SOLE		50,280	0	0
Amazon.Com Inc.	COM	023135106	818	565	SH		SOLE		565	0	0
Ambev S.A.	COM	02319V103	71	9,807	SH		SOLE		9,807	0	0
American Express Co.	COM	025816109	326	3,500	SH		SOLE		3,500	0	0
Amgen Inc.	COM	031162100	3,891	22,823	SH		SOLE		22,823	0	0
Anthem, Inc.	COM	036752103	235	1,069	SH		SOLE		1,069	0	0
Apollo Global Management	COM	037612306	277	9,366	SH		SOLE		9,366	0	0
Appfolio Inc	COM	03783C100	1,219	29,852	SH		SOLE		29,852	0	0
Apple Computer Inc.	COM	037833100	1,034	6,162	SH		SOLE		6,162	0	0
Applied Materials Inc.	COM	038222105	7,925	142,517	SH		SOLE		142,517	0	0
Aqr Fds	COM	00203H446	478	34,383	SH		SOLE		34,383	0	0
Arbor Realty Trust Inc.	COM	038923108	563	63,840	SH		SOLE		63,840	0	0
Arcos Dorados Holdings, Inc. C	COM	G0457F107	68	7,434	SH		SOLE		7,434	0	0
Arista Networks, Inc.	COM	040413106	12,758	49,974	SH		SOLE		49,974	0	0
Autohome Inc	COM	05278C107	1,747	20,333	SH		SOLE		20,333	0	0
Avery Dennison Corp.	COM	053611109	6,176	58,125	SH		SOLE		58,125	0	0
Axcelis Technologies	COM	054540208	3,274	133,096	SH		SOLE		133,096	0	0
BCE Inc.	COM	05534B760	301	6,986	SH		SOLE		6,986	0	0
BWX Technologies, Inc.	COM	05605H100	313	4,933	SH		SOLE		4,933	0	0
Baidu.com, Inc.	COM	056752108	1,564	7,009	SH		SOLE		7,009	0	0
Banco Bradesco S.A.	COM	059460303	65	5,511	SH		SOLE		5,511	0	0
Baxter International Inc.	COM	071813109	5,369	82,555	SH		SOLE		82,555	0	0
Berry Plastics Group, Inc.	COM	08579W103	457	8,335	SH		SOLE		8,335	0	0
Boeing Co.	COM	097023105	6,519	19,881	SH		SOLE		19,881	0	0
Boise Cascade Co Del	COM	09739D100	2,286	59,222	SH		SOLE		59,222	0	0
Brookfield Infastructure Partn	COM	G16252101	1,422	34,156	SH		SOLE		34,156	0	0
Cabot Microelectronics Corp.	COM	12709P103	480	4,485	SH		SOLE		4,485	0	0
Campbell Soup Co.	COM	134429109	387	8,947	SH		SOLE		8,947	0	0
Cantel Medical Corp.	COM	138098108	318	2,858	SH		SOLE		2,858	0	0
Carlyle Group L P	COM	14309L102	823	38,528	SH		SOLE		38,528	0	0
Caterpillar Inc.	COM	149123101	4,651	31,556	SH		SOLE		31,556	0	0
Centene Corp.	COM	15135B101	359	3,355	SH		SOLE		3,355	0	0
Charter Financial Corp.	COM	16122W108	219	10,722	SH		SOLE		10,722	0	0
Chemours Co.	COM	163851108	3,431	70,435	SH		SOLE		70,435	0	0
Chesapeake Utilities Corp.	COM	165303108	245	3,489	SH		SOLE		3,489	0	0
Children's Place Retail Stores	COM	168905107	374	2,766	SH		SOLE		2,766	0	0
Chimera Investment Corporation	COM	16934Q208	288	16,541	SH		SOLE		16,541	0	0
China Construction Bank Corp.	COM	168919108	81	3,958	SH		SOLE		3,958	0	0
China Life Insurance Co. Ltd.	COM	16939P106	56	4,007	SH		SOLE		4,007	0	0
China Lodging Group Ltd. Spons	COM	16949N109	2,346	17,811	SH		SOLE		17,811	0	0
Choice Hotels International In	COM	169905106	354	4,420	SH		SOLE		4,420	0	0
Cielo S/A ADS	COM	171778202	48	7,772	SH		SOLE		7,772	0	0
Cimpress N.V.	COM	N20146101	958	6,191	SH		SOLE		6,191	0	0
Cisco Systems Inc.	COM	17275R102	2,510	58,523	SH		SOLE		58,523	0	0
Cnh Indl N V	COM	N20944109	3,777	304,578	SH		SOLE		304,578	0	0
Cognex Corp.	COM	192422103	2,522	48,514	SH		SOLE		48,514	0	0
Cognizant Technology Solutions	COM	192446102	2,578	32,030	SH		SOLE		32,030	0	0
Commercial Vehicle Group Inc.	COM	202608105	339	43,684	SH		SOLE		43,684	0	0
Control4 Corp	COM	21240D107	227	10,558	SH		SOLE		10,558	0	0
Copart Inc.	COM	217204106	1,548	30,400	SH		SOLE		30,400	0	0
Corcept Therapeutics Inc.	COM	218352102	1,844	112,090	SH		SOLE		112,090	0	0
Corning Inc.	COM	219350105	341	12,241	SH		SOLE		12,241	0	0
Covenant Transport Inc.	COM	22284P105	539	18,085	SH		SOLE		18,085	0	0
Cracker Barrel Old Country	COM	22410J106	511	3,207	SH		SOLE		3,207	0	0
Csx Corp.	COM	126408103	278	4,987	SH		SOLE		4,987	0	0
Cummins Inc.	COM	231021106	2,268	13,990	SH		SOLE		13,990	0	0
DXC Technology Co.	COM	23355L106	1,756	17,466	SH		SOLE		17,466	0	0
Daqo New Energy Corp. Sponsore	COM	23703Q203	2,732	55,820	SH		SOLE		55,820	0	0
Darden Restaurants Inc.	COM	237194105	2,527	29,645	SH		SOLE		29,645	0	0
Deere & Co.	COM	244199105	3,630	23,371	SH		SOLE		23,371	0	0
Digital Realty Trust Inc.	COM	253868103	2,038	19,340	SH		SOLE		19,340	0	0
Dominion Resources Inc. (Virgi	COM	25746U109	307	4,559	SH		SOLE		4,559	0	0
Doubleline Fds Tr	COM	258620822	295	19,452	SH		SOLE		19,452	0	0
Douglas Dynamics Inc.	COM	25960R105	4,646	107,184	SH		SOLE		107,184	0	0
Eaton Corp.	COM	G29183103	2,274	28,459	SH		SOLE		28,459	0	0
Ecopetrol S.A. ADS	COM	279158109	2,211	114,370	SH		SOLE		114,370	0	0
Eldorado Resorts Inc	COM	28470R102	2,008	60,844	SH		SOLE		60,844	0	0
Electro Scientific Industries	COM	285229100	605	31,298	SH		SOLE		31,298	0	0
Enanta Pharmaceuticals, Inc.	COM	29251M106	781	9,652	SH		SOLE		9,652	0	0
Ennis Inc.	COM	293389102	403	20,481	SH		SOLE		20,481	0	0
Essent Group Ltd.	COM	G3198U102	1,062	24,960	SH		SOLE		24,960	0	0
Extra Space Storage Inc.	COM	30225T102	427	4,883	SH		SOLE		4,883	0	0
Extreme Networks Inc.	COM	30226D106	1,300	117,434	SH		SOLE		117,434	0	0
Exxon Mobil Corp.	COM	30231G102	537	7,201	SH		SOLE		7,201	0	0
Fabrinet	COM	G3323L100	244	7,771	SH		SOLE		7,771	0	0
Facebook Inc.	COM	30303M102	225	1,405	SH		SOLE		1,405	0	0
Federal Signal Corp.	COM	313855108	374	17,000	SH		SOLE		17,000	0	0
Ferrari NV	COM	N3167Y103	7,687	63,782	SH		SOLE		63,782	0	0
Financial Select Sector Spdr F	COM	81369Y605	3,210	116,425	SH		SOLE		116,425	0	0
First American Financial Corp.	COM	31847R102	3,057	52,093	SH		SOLE		52,093	0	0
First Trust Biotechnology Inde	COM	33733E203	22,705	170,845	SH		SOLE		170,845	0	0
First Trust Consumer Disc. Alp	COM	33734X101	20,942	510,417	SH		SOLE		510,417	0	0
First Trust Dev. Mkts. ex-us A	COM	33737J174	610	9,714	SH		SOLE		9,714	0	0
First Trust Emerging Markets A	COM	33737J182	598	20,431	SH		SOLE		20,431	0	0
First Trust Financials AlphaDe	COM	33734X135	20,572	662,743	SH		SOLE		662,743	0	0
First Trust Indust./Prod.Dura	COM	33734X150	21,618	546,040	SH		SOLE		546,040	0	0
First Trust Materials AlphaDex	COM	33734X168	446	10,579	SH		SOLE		10,579	0	0
First Trust Technology AlphaDe	COM	33734X176	21,533	391,367	SH		SOLE		391,367	0	0
FirstTrust NASDAQ Tech.	COM	337345102	21,148	278,189	SH		SOLE		278,189	0	0
Five Below, Inc.	COM	33829M101	271	3,697	SH		SOLE		3,697	0	0
Fmc Corp.	COM	302491303	3,185	41,601	SH		SOLE		41,601	0	0
Fox Factory Holding Corp.	COM	35138V102	353	10,112	SH		SOLE		10,112	0	0
General Mills Inc.	COM	370334104	949	21,060	SH		SOLE		21,060	0	0
Getty Realty Corp.	COM	374297109	628	24,913	SH		SOLE		24,913	0	0
Global Payments Inc.	COM	37940X102	2,446	21,937	SH		SOLE		21,937	0	0
Golden Ocean Group Ltd	COM	G39637205	644	80,963	SH		SOLE		80,963	0	0
Granite Construction Inc.	COM	387328107	272	4,863	SH		SOLE		4,863	0	0
Gravity Co., Ltd	COM	38911N206	738	8,853	SH		SOLE		8,853	0	0
Green Dot Corporation Class A	COM	39304D102	238	3,716	SH		SOLE		3,716	0	0
GrubHub, Inc	COM	400110102	459	4,527	SH		SOLE		4,527	0	0
Hackett Group Inc. (The)	COM	404609109	320	19,921	SH		SOLE		19,921	0	0
Hanesbrands	COM	410345102	2,441	132,521	SH		SOLE		132,521	0	0
Hdfc Bank Ltd.	COM	40415F101	86	874	SH		SOLE		874	0	0
Health Care Select Sector Spdr	COM	81369Y209	3,158	38,801	SH		SOLE		38,801	0	0
Heico Corp.	COM	422806109	4,985	57,430	SH		SOLE		57,430	0	0
Hollysys Automation Technologi	COM	G45667105	1,745	70,572	SH		SOLE		70,572	0	0
Home Depot Inc.	COM	437076102	4,773	26,778	SH		SOLE		26,778	0	0
Houlihan Lokey, Inc Class A	COM	441593100	323	7,249	SH		SOLE		7,249	0	0
Icici Bank Ltd.	COM	45104G104	59	6,676	SH		SOLE		6,676	0	0
Idexx Laboratories Inc.	COM	45168D104	3,043	15,902	SH		SOLE		15,902	0	0
Ii-Vi Inc.	COM	902104108	366	8,937	SH		SOLE		8,937	0	0
Independent Bank Group, Inc.	COM	45384B106	216	3,051	SH		SOLE		3,051	0	0
Infosys Technologies Ltd. ADS	COM	456788108	81	4,524	SH		SOLE		4,524	0	0
Inogen Inc.	COM	45780L104	284	2,316	SH		SOLE		2,316	0	0
Intel Corp.	COM	458140100	1,238	23,763	SH		SOLE		23,763	0	0
InterXion Holding N.V.	COM	N47279109	586	9,428	SH		SOLE		9,428	0	0
International Business Machine	COM	459200101	2,192	14,287	SH		SOLE		14,287	0	0
IntriCon Corporation	COM	46121H109	231	11,565	SH		SOLE		11,565	0	0
Intuitive Surgical Inc.	COM	46120E602	4,521	10,951	SH		SOLE		10,951	0	0
Ipg Photonics Corp	COM	44980X109	7,022	30,088	SH		SOLE		30,088	0	0
Ishares Dow Jones U.S. Financi	COM	464287788	7,032	59,688	SH		SOLE		59,688	0	0
Ishares Dow Jones U.S. Technol	COM	464287721	11,394	67,736	SH		SOLE		67,736	0	0
Ishares Inc. Msci Emerging Mar	COM	464287234	3,494	72,377	SH		SOLE		72,377	0	0
Ishares Msci Pacific Ex-Japan	COM	464286665	2,904	62,500	SH		SOLE		62,500	0	0
Ishares Trust Dow Jones U.S. B	COM	464287838	6,564	68,320	SH		SOLE		68,320	0	0
Ishares Trust Dow Jones U.S. C	COM	464287580	7,129	39,100	SH		SOLE		39,100	0	0
Ishares Trust Dow Jones U.S. I	COM	464287754	10,004	68,977	SH		SOLE		68,977	0	0
Ishares Trust Lehman 1-3 Year	COM	464287457	524	6,267	SH		SOLE		6,267	0	0
John Bean Technologies Corp.	COM	477839104	827	7,294	SH		SOLE		7,294	0	0
Johnson & Johnson	COM	478160104	330	2,575	SH		SOLE		2,575	0	0
Jpmorgan Chase & Co.	COM	46625H100	264	2,400	SH		SOLE		2,400	0	0
KB Financial Group Inc Adr	COM	48241A105	150	2,584	SH		SOLE		2,584	0	0
Kemet Corp.	COM	488360207	2,495	137,599	SH		SOLE		137,599	0	0
Keycorp	COM	493267108	258	13,200	SH		SOLE		13,200	0	0
Knight Swift Transn Hldgs In	COM	499049104	2,635	57,268	SH		SOLE		57,268	0	0
Kraft Heinz Company	COM	500754106	1,184	19,008	SH		SOLE		19,008	0	0
Kroger Co.	COM	501044101	208	8,700	SH		SOLE		8,700	0	0
Kronos Worldwide Inc.	COM	50105F105	2,344	103,736	SH		SOLE		103,736	0	0
Lam Research Corp.	COM	512807108	2,568	12,638	SH		SOLE		12,638	0	0
Lasalle Hotel Properties	COM	517942108	362	12,488	SH		SOLE		12,488	0	0
Lazard Ltd.	COM	G54050102	2,264	43,066	SH		SOLE		43,066	0	0
Ligand Pharmaceuticals Inc.	COM	53220K504	1,493	9,041	SH		SOLE		9,041	0	0
Lockheed Martin Corp.	COM	539830109	2,506	7,414	SH		SOLE		7,414	0	0
Lpl Financial Holdings Inc	COM	50212V100	285	4,667	SH		SOLE		4,667	0	0
Lumentum Hldgs Inc	COM	55024U109	1,853	29,041	SH		SOLE		29,041	0	0
LyondellBasell Industries N.V.	COM	N53745100	492	4,652	SH		SOLE		4,652	0	0
MSCI Inc.	COM	55354G100	444	2,968	SH		SOLE		2,968	0	0
Main Street Capital	COM	56035L104	201	5,448	SH		SOLE		5,448	0	0
Malayan Banking Berhad Sponsor	COM	56108H105	55	10,054	SH		SOLE		10,054	0	0
Malibu Boats Inc.	COM	56117J100	657	19,776	SH		SOLE		19,776	0	0
Marathon Petroleum Corp.	COM	56585A102	3,615	49,451	SH		SOLE		49,451	0	0
Maxim Integrated Products Inc.	COM	57772K101	2,183	36,245	SH		SOLE		36,245	0	0
Maximus Inc.	COM	577933104	404	6,057	SH		SOLE		6,057	0	0
Mcbc Hldgs Inc	COM	55276F107	1,237	49,107	SH		SOLE		49,107	0	0
Mccormick & Co. Inc.	COM	579780206	234	2,203	SH		SOLE		2,203	0	0
Mcdonald's Corp.	COM	580135101	970	6,201	SH		SOLE		6,201	0	0
Melco Resorts & Entertainment	COM	585464100	63	2,184	SH		SOLE		2,184	0	0
Mercadolibre Inc	COM	58733R102	96	270	SH		SOLE		270	0	0
Merck & Co.	COM	58933Y105	719	13,200	SH		SOLE		13,200	0	0
Mesa Laboratories Inc.	COM	59064R109	265	1,786	SH		SOLE		1,786	0	0
MiMedx Group, Inc.	COM	602496101	101	14,469	SH		SOLE		14,469	0	0
Micron Technology Inc.	COM	595112103	11,983	229,828	SH		SOLE		229,828	0	0
Microsoft Corp.	COM	594918104	2,058	22,546	SH		SOLE		22,546	0	0
Mix Telematics Ltd	COM	60688N102	552	35,507	SH		SOLE		35,507	0	0
Mks Instruments Inc.	COM	55306N104	1,367	11,817	SH		SOLE		11,817	0	0
Moelis & Co	COM	60786M105	2,380	46,802	SH		SOLE		46,802	0	0
Monolithic Power Systems, Inc.	COM	609839105	653	5,636	SH		SOLE		5,636	0	0
Morningstar Inc.	COM	617700109	242	2,537	SH		SOLE		2,537	0	0
Mueller Industries Inc.	COM	624756102	267	10,214	SH		SOLE		10,214	0	0
NV5 Holdings, Inc.	COM	62945V109	314	5,636	SH		SOLE		5,636	0	0
Naspers Ltd.	COM	631512209	93	1,846	SH		SOLE		1,846	0	0
National Beverage Corp.	COM	635017106	3,094	34,756	SH		SOLE		34,756	0	0
National Health Investors Inc.	COM	63633D104	322	4,791	SH		SOLE		4,791	0	0
Netflix Inc.	COM	64110L106	1,418	4,800	SH		SOLE		4,800	0	0
New Jersey Resources Corp.	COM	646025106	211	5,266	SH		SOLE		5,266	0	0
New Residential Investment Cor	COM	64828T201	249	15,117	SH		SOLE		15,117	0	0
NextEra Energy Inc	COM	65339F101	2,200	13,469	SH		SOLE		13,469	0	0
Nice-Systems Ltd.	COM	653656108	366	3,900	SH		SOLE		3,900	0	0
Nidec Corp.	COM	654090109	9	250	SH		SOLE		250	0	0
Nmi Holdings Inc	COM	629209305	837	50,554	SH		SOLE		50,554	0	0
Nomad Foods Ltd	COM	G6564A105	804	51,059	SH		SOLE		51,059	0	0
Nordson Corp.	COM	655663102	249	1,829	SH		SOLE		1,829	0	0
Northrop Grumman Corp.	COM	666807102	3,024	8,663	SH		SOLE		8,663	0	0
Nova Measuring Instruments Ltd	COM	M7516K103	709	26,146	SH		SOLE		26,146	0	0
Novanta Inc	COM	67000B104	1,888	36,200	SH		SOLE		36,200	0	0
Nvidia Corp.	COM	67066G104	12,223	52,779	SH		SOLE		52,779	0	0
Nvr Inc.	COM	62944T105	1,162	415	SH		SOLE		415	0	0
OAO Gazprom GDR	COM	368287207	33	6,774	SH		SOLE		6,774	0	0
Old Republic International Cor	COM	680223104	423	19,735	SH		SOLE		19,735	0	0
Ollie'S Bargain Outlet Hldgs	COM	681116109	222	3,675	SH		SOLE		3,675	0	0
On Semiconductor Corp.	COM	682189105	932	38,106	SH		SOLE		38,106	0	0
Oneok Inc.	COM	682680103	2,254	39,605	SH		SOLE		39,605	0	0
Ormat Technologies Inc.	COM	686688102	298	5,293	SH		SOLE		5,293	0	0
Orthofix International N.V.	COM	N6748L102	294	5,000	SH		SOLE		5,000	0	0
PGT Inc.	COM	69336V101	1,217	65,238	SH		SOLE		65,238	0	0
PRA Health Sciences Inc.	COM	69354M108	3,812	45,955	SH		SOLE		45,955	0	0
Packaging Corp. Of America	COM	695156109	9,828	87,201	SH		SOLE		87,201	0	0
PayPal Holdings Inc	COM	70450Y103	8,274	109,056	SH		SOLE		109,056	0	0
Paychex Inc.	COM	704326107	1,351	21,939	SH		SOLE		21,939	0	0
Paycom Software Inc.	COM	70432V102	2,413	22,469	SH		SOLE		22,469	0	0
Pepsico Inc.	COM	713448108	289	2,649	SH		SOLE		2,649	0	0
Petroleo Brasileiro S/A	COM	71654V408	71	5,020	SH		SOLE		5,020	0	0
Pfizer Inc.	COM	717081103	2,415	68,056	SH		SOLE		68,056	0	0
Philip Morris International In	COM	718172109	452	4,549	SH		SOLE		4,549	0	0
Phillips 66	COM	718546104	227	2,365	SH		SOLE		2,365	0	0
Pimco ETF 0-5 Yr High Yield Co	COM	72201R783	523	5,249	SH		SOLE		5,249	0	0
Ping An Ins Group Co China Spo	COM	72341E304	97	4,665	SH		SOLE		4,665	0	0
Powershares Preferred Portfoli	COM	73936T565	194	13,300	SH		SOLE		13,300	0	0
Powershares QQQ Trust	COM	73935A104	7,295	45,559	SH		SOLE		45,559	0	0
Procter & Gamble Co.	COM	742718109	1,250	15,767	SH		SOLE		15,767	0	0
Pt Bank Rakyat Indonesia	COM	69366X100	65	4,990	SH		SOLE		4,990	0	0
RadNet Inc.	COM	750491102	530	36,837	SH		SOLE		36,837	0	0
Radware Ltd.	COM	M81873107	616	28,837	SH		SOLE		28,837	0	0
Rayonier Advanced Materials In	COM	75508B104	1,182	55,035	SH		SOLE		55,035	0	0
Raytheon Co.	COM	755111507	2,739	12,692	SH		SOLE		12,692	0	0
Rexford Industrial Realty, Inc	COM	76169C100	2,333	81,027	SH		SOLE		81,027	0	0
Rogers Corp.	COM	775133101	249	2,083	SH		SOLE		2,083	0	0
Rowe T Price Cap Appreciat Sh	COM	77954M105	275	9,685	SH		SOLE		9,685	0	0
S & P Gloabl	COM	78409V104	2,925	15,310	SH		SOLE		15,310	0	0
SMART Global Holdings Inc.	COM	G8232Y101	362	7,270	SH		SOLE		7,270	0	0
SPDR Barclays Convertible Secu	COM	78464A359	596	11,538	SH		SOLE		11,538	0	0
SPDR Gold Shares	COM	78463V107	514	4,083	SH		SOLE		4,083	0	0
Safe Bulkers Inc.	COM	Y7388L103	487	153,649	SH		SOLE		153,649	0	0
Safety Insurance Group Inc.	COM	78648T100	409	5,320	SH		SOLE		5,320	0	0
Sberbank Russia OJSC	COM	80585Y308	105	5,962	SH		SOLE		5,962	0	0
Schweitzer-Mauduit Internation	COM	808541106	2,517	64,302	SH		SOLE		64,302	0	0
Six Flags Entertainment	COM	83001A102	2,008	32,255	SH		SOLE		32,255	0	0
Sociedad Quimica Y Minera De C	COM	833635105	6,034	122,777	SH		SOLE		122,777	0	0
SodaStream International Ltd.	COM	M9068E105	371	4,035	SH		SOLE		4,035	0	0
SolarEdge Technologies	COM	83417M104	1,495	28,429	SH		SOLE		28,429	0	0
Sonoco Products Co.	COM	835495102	1,864	38,425	SH		SOLE		38,425	0	0
Sony Corp.	COM	835699307	2,406	49,776	SH		SOLE		49,776	0	0
Spartan Motors Inc.	COM	846819100	250	14,549	SH		SOLE		14,549	0	0
Spire Inc	COM	84857L101	285	3,937	SH		SOLE		3,937	0	0
Standard & Poor's Depositary R	COM	78462F103	4,111	15,623	SH		SOLE		15,623	0	0
Stanley Black & Decker, Inc.	COM	854502101	2,388	15,587	SH		SOLE		15,587	0	0
Sterling Construction Co. Inc.	COM	859241101	983	85,766	SH		SOLE		85,766	0	0
Stmicroelectronics N.V.	COM	861012102	6,985	313,360	SH		SOLE		313,360	0	0
Summit Hotel Properties, Inc.,	COM	866082100	324	23,786	SH		SOLE		23,786	0	0
Sun Hydraulics Corp.	COM	866942105	1,037	19,362	SH		SOLE		19,362	0	0
Synopsys Inc.	COM	871607107	3,792	45,558	SH		SOLE		45,558	0	0
Sysco Corp.	COM	871829107	486	8,112	SH		SOLE		8,112	0	0
Taiwan Semiconductor Manufactu	COM	874039100	85	1,950	SH		SOLE		1,950	0	0
Take-Two Interactive Software	COM	874054109	7,500	76,702	SH		SOLE		76,702	0	0
Tal Education Group	COM	874080104	5,009	135,044	SH		SOLE		135,044	0	0
Tech Data Corp.	COM	878237106	354	4,157	SH		SOLE		4,157	0	0
Techtarget, Inc	COM	87874R100	418	21,021	SH		SOLE		21,021	0	0
Teck Resources Ltd.	COM	878742204	3,222	125,066	SH		SOLE		125,066	0	0
Tencent Holdings Ltd. ADS	COM	88032Q109	192	3,677	SH		SOLE		3,677	0	0
Terreno Realty Corporation	COM	88146M101	625	18,124	SH		SOLE		18,124	0	0
Texas Instruments Inc.	COM	882508104	6,392	61,525	SH		SOLE		61,525	0	0
Tile Shop Holdings Inc.	COM	88677Q109	121	20,091	SH		SOLE		20,091	0	0
Toll Brothers Inc.	COM	889478103	216	4,999	SH		SOLE		4,999	0	0
Total System Services Inc.	COM	891906109	203	2,359	SH		SOLE		2,359	0	0
Tower Semiconductor Ltd	COM	M87915274	324	12,032	SH		SOLE		12,032	0	0
Transdigm Group	COM	893641100	545	1,775	SH		SOLE		1,775	0	0
Trex Co. Inc.	COM	89531P105	1,097	10,085	SH		SOLE		10,085	0	0
Trinet Group Inc	COM	896288107	886	19,120	SH		SOLE		19,120	0	0
Ttm Technologies Inc.	COM	87305R109	223	14,605	SH		SOLE		14,605	0	0
Turkcell Iletisim Hizmetleri A	COM	900111204	51	5,299	SH		SOLE		5,299	0	0
Twin Disc Inc.	COM	901476101	228	10,500	SH		SOLE		10,500	0	0
Ultra Clean Holdings Inc.	COM	90385V107	1,811	94,085	SH		SOLE		94,085	0	0
Union Medical Healthcare	COM	00BYPFQH6	13	30,000	SH		SOLE		30,000	0	0
Union Pacific Corp.	COM	907818108	1,062	7,900	SH		SOLE		7,900	0	0
United Bankshares Inc.	COM	909907107	411	11,665	SH		SOLE		11,665	0	0
United Microelectronics Corp.	COM	910873405	35	13,651	SH		SOLE		13,651	0	0
Unitedhealth Group Inc.	COM	91324P102	2,474	11,562	SH		SOLE		11,562	0	0
Universal Display Corp.	COM	91347P105	3,096	30,658	SH		SOLE		30,658	0	0
Vale S.A.	COM	91912E105	81	6,391	SH		SOLE		6,391	0	0
Valero Energy Corp.	COM	91913Y100	4,265	45,972	SH		SOLE		45,972	0	0
VanEck Vectors Agribusiness ET	COM	92189F700	357	5,777	SH		SOLE		5,777	0	0
Vanguard MSCI Europe	COM	922042874	3,034	52,177	SH		SOLE		52,177	0	0
Veeva Systems, Inc.	COM	922475108	4,993	68,381	SH		SOLE		68,381	0	0
Viper Energy Partners LP	COM	92763M105	300	11,800	SH		SOLE		11,800	0	0
Visteon Corp.	COM	92839U206	434	3,936	SH		SOLE		3,936	0	0
WNS Holdings Ltd. (ADS)	COM	92932M101	1,743	38,448	SH		SOLE		38,448	0	0
Wal-Mart Stores Inc.	COM	931142103	240	2,700	SH		SOLE		2,700	0	0
Walt Disney Co.	COM	254687106	472	4,700	SH		SOLE		4,700	0	0
Watsco Inc.	COM	942622200	2,290	12,652	SH		SOLE		12,652	0	0
Weibo Corp Sponsored ADR Class	COM	948596101	7,467	62,466	SH		SOLE		62,466	0	0
Wellcare Group Inc.	COM	94946T106	289	1,490	SH		SOLE		1,490	0	0
Western Alliance Bancorp	COM	957638109	800	13,774	SH		SOLE		13,774	0	0
Western Union Co.	COM	959802109	1,468	76,322	SH		SOLE		76,322	0	0
Westlake Chemical Corp.	COM	960413102	1,525	13,718	SH		SOLE		13,718	0	0
Whirlpool Corp.	COM	963320106	2,414	15,765	SH		SOLE		15,765	0	0
World Wrestling Entertainment	COM	98156Q108	977	27,119	SH		SOLE		27,119	0	0
Worldpay Inc.	COM	981558109	3,612	43,918	SH		SOLE		43,918	0	0
XPO Logistics, Inc.	COM	983793100	2,580	25,341	SH		SOLE		25,341	0	0
Xcerra Corp	COM	98400J108	287	24,600	SH		SOLE		24,600	0	0
Yandex N.V. CI A	COM	N97284108	91	2,297	SH		SOLE		2,297	0	0
Zoetis Inc.	COM	98978V103	1,871	22,403	SH		SOLE		22,403	0	0
iShares MSCI EAFE Small-Cap ET	COM	464288273	674	10,342	SH		SOLE		10,342	0	0
Cavalier Fundamental Growth Fu	COM	85520V335	7,142	478,687	SH		SOLE		478,687	0	0