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	2,080	21,303	SH		SOLE		21,303	0	0
ASE Industrial Holding Co., Lt	COM	00215W100	63	13,726	SH		SOLE		13,726	0	0
AT&T Inc	COM	00206R102	492	15,315	SH		SOLE		15,315	0	0
AbbVie Inc.	COM	00287Y109	2,753	29,718	SH		SOLE		29,718	0	0
Abiomed Inc.	COM	003654100	8,939	21,853	SH		SOLE		21,853	0	0
Adobe Systems Inc.	COM	00724F101	6,740	27,644	SH		SOLE		27,644	0	0
Alibaba Group Holding	COM	01609W102	229	1,233	SH		SOLE		1,233	0	0
Align Technology Inc.	COM	016255101	18,658	54,534	SH		SOLE		54,534	0	0
Amazon.Com Inc.	COM	023135106	600	353	SH		SOLE		353	0	0
Ambev S.A.	COM	02319V103	45	9,807	SH		SOLE		9,807	0	0
America Movil S.A. De C.V.ADR	COM	02364W105	72	4,338	SH		SOLE		4,338	0	0
American Express Co.	COM	025816109	323	3,300	SH		SOLE		3,300	0	0
Amgen Inc.	COM	031162100	4,278	23,176	SH		SOLE		23,176	0	0
Apollo Global Management	COM	037612306	297	9,324	SH		SOLE		9,324	0	0
Appfolio Inc	COM	03783C100	2,490	40,714	SH		SOLE		40,714	0	0
Apple Computer Inc.	COM	037833100	1,195	6,457	SH		SOLE		6,457	0	0
Applied Materials Inc.	COM	038222105	449	9,724	SH		SOLE		9,724	0	0
Aqr Fds	COM	00203H446	438	34,383	SH		SOLE		34,383	0	0
Arbor Realty Trust Inc.	COM	038923108	1,156	110,850	SH		SOLE		110,850	0	0
Arista Networks, Inc.	COM	040413106	13,233	51,394	SH		SOLE		51,394	0	0
Autohome Inc	COM	05278C107	2,082	20,618	SH		SOLE		20,618	0	0
Avery Dennison Corp.	COM	053611109	3,252	31,847	SH		SOLE		31,847	0	0
Axcelis Technologies	COM	054540208	434	21,901	SH		SOLE		21,901	0	0
Axon Enterprise Inc.	COM	05464C101	1,013	16,040	SH		SOLE		16,040	0	0
BCE Inc.	COM	05534B760	288	7,111	SH		SOLE		7,111	0	0
BWX Technologies, Inc.	COM	05605H100	305	4,896	SH		SOLE		4,896	0	0
Baidu.com, Inc.	COM	056752108	134	553	SH		SOLE		553	0	0
Banco Bradesco S.A.	COM	059460303	42	6,061	SH		SOLE		6,061	0	0
Baxter International Inc.	COM	071813109	426	5,765	SH		SOLE		5,765	0	0
Boeing Co.	COM	097023105	8,057	24,015	SH		SOLE		24,015	0	0
Boise Cascade Co Del	COM	09739D100	4,351	97,343	SH		SOLE		97,343	0	0
Bp Plc	COM	055622104	695	15,213	SH		SOLE		15,213	0	0
CME Group Inc.	COM	12572Q105	3,525	21,505	SH		SOLE		21,505	0	0
Cabot Microelectronics Corp.	COM	12709P103	480	4,458	SH		SOLE		4,458	0	0
Callaway Golf Co.	COM	131193104	999	52,641	SH		SOLE		52,641	0	0
Cantel Medical Corp.	COM	138098108	277	2,816	SH		SOLE		2,816	0	0
Caterpillar Inc.	COM	149123101	4,464	32,903	SH		SOLE		32,903	0	0
Centene Corp.	COM	15135B101	430	3,490	SH		SOLE		3,490	0	0
Charter Financial Corp.	COM	16122W108	255	10,563	SH		SOLE		10,563	0	0
Chemours Co.	COM	163851108	3,210	72,358	SH		SOLE		72,358	0	0
Chesapeake Utilities Corp.	COM	165303108	275	3,438	SH		SOLE		3,438	0	0
Children's Place Retail Stores	COM	168905107	330	2,732	SH		SOLE		2,732	0	0
Choice Hotels International In	COM	169905106	329	4,354	SH		SOLE		4,354	0	0
Cisco Systems Inc.	COM	17275R102	2,513	58,409	SH		SOLE		58,409	0	0
Cnh Indl N V	COM	N20944109	3,387	321,660	SH		SOLE		321,660	0	0
Cnooc Ltd.	COM	126132109	97	566	SH		SOLE		566	0	0
Cognex Corp.	COM	192422103	418	9,374	SH		SOLE		9,374	0	0
Cognizant Technology Solutions	COM	192446102	2,562	32,430	SH		SOLE		32,430	0	0
Conn's Inc.	COM	208242107	341	10,329	SH		SOLE		10,329	0	0
Consumer Discretionary Select	COM	81369Y407	3,009	27,532	SH		SOLE		27,532	0	0
Copart Inc.	COM	217204106	4,097	72,442	SH		SOLE		72,442	0	0
Corcept Therapeutics Inc.	COM	218352102	1,793	114,041	SH		SOLE		114,041	0	0
Corning Inc.	COM	219350105	218	7,941	SH		SOLE		7,941	0	0
Covenant Transport Inc.	COM	22284P105	1,297	41,163	SH		SOLE		41,163	0	0
Cracker Barrel Old Country	COM	22410J106	496	3,176	SH		SOLE		3,176	0	0
Csx Corp.	COM	126408103	300	4,700	SH		SOLE		4,700	0	0
Cummins Inc.	COM	231021106	1,860	13,989	SH		SOLE		13,989	0	0
Cutera Inc.	COM	232109108	351	8,718	SH		SOLE		8,718	0	0
DXC Technology Co.	COM	23355L106	4,904	60,830	SH		SOLE		60,830	0	0
Daqo New Energy Corp. Sponsore	COM	23703Q203	2,073	58,317	SH		SOLE		58,317	0	0
Darden Restaurants Inc.	COM	237194105	402	3,752	SH		SOLE		3,752	0	0
Deere & Co.	COM	244199105	270	1,929	SH		SOLE		1,929	0	0
Delek Us Hldgs Inc. New	COM	24665A103	3,013	60,055	SH		SOLE		60,055	0	0
Digital Realty Trust Inc.	COM	253868103	2,026	18,154	SH		SOLE		18,154	0	0
Dominion Resources Inc. (Virgi	COM	25746U109	317	4,645	SH		SOLE		4,645	0	0
Doubleline Fds Tr	COM	258620822	304	19,587	SH		SOLE		19,587	0	0
Douglas Dynamics Inc.	COM	25960R105	4,906	102,219	SH		SOLE		102,219	0	0
Eaton Corp.	COM	G29183103	2,239	29,951	SH		SOLE		29,951	0	0
Ecopetrol S.A. ADS	COM	279158109	5,567	270,876	SH		SOLE		270,876	0	0
Eldorado Resorts Inc	COM	28470R102	2,847	72,820	SH		SOLE		72,820	0	0
Electro Scientific Industries	COM	285229100	1,166	73,925	SH		SOLE		73,925	0	0
Eli Lilly & Co.	COM	532457108	205	2,400	SH		SOLE		2,400	0	0
Enanta Pharmaceuticals, Inc.	COM	29251M106	2,188	18,879	SH		SOLE		18,879	0	0
Ennis Inc.	COM	293389102	425	20,868	SH		SOLE		20,868	0	0
Enova International Inc	COM	29357K103	939	25,683	SH		SOLE		25,683	0	0
Equinor ASA Sponsored ADR	COM	29446M102	866	32,789	SH		SOLE		32,789	0	0
Essent Group Ltd.	COM	G3198U102	561	15,648	SH		SOLE		15,648	0	0
Extra Space Storage Inc.	COM	30225T102	496	4,974	SH		SOLE		4,974	0	0
Exxon Mobil Corp.	COM	30231G102	552	6,669	SH		SOLE		6,669	0	0
Fabrinet	COM	G3323L100	283	7,658	SH		SOLE		7,658	0	0
Federal Agricultural Mortgage	COM	313148306	196	2,187	SH		SOLE		2,187	0	0
Federal Signal Corp.	COM	313855108	1,685	72,351	SH		SOLE		72,351	0	0
Ferrari NV	COM	N3167Y103	8,971	66,450	SH		SOLE		66,450	0	0
Financial Select Sector Spdr F	COM	81369Y605	3,019	113,547	SH		SOLE		113,547	0	0
First American Financial Corp.	COM	31847R102	2,733	52,841	SH		SOLE		52,841	0	0
First Trust Biotechnology Inde	COM	33733E203	23,820	170,130	SH		SOLE		170,130	0	0
First Trust Dev. Mkts. ex-us A	COM	33737J174	586	9,779	SH		SOLE		9,779	0	0
First Trust Energy AlphaDex Fd	COM	33734X127	22,969	1,357,913	SH		SOLE		1,357,913	0	0
First Trust Financials AlphaDe	COM	33734X135	21,352	681,513	SH		SOLE		681,513	0	0
First Trust Healthcare AlphaDe	COM	33734X143	23,379	314,992	SH		SOLE		314,992	0	0
First Trust Materials AlphaDex	COM	33734X168	343	8,197	SH		SOLE		8,197	0	0
First Trust Technology AlphaDe	COM	33734X176	23,110	410,690	SH		SOLE		410,690	0	0
FirstTrust NASDAQ Tech.	COM	337345102	22,611	293,415	SH		SOLE		293,415	0	0
Five Below, Inc.	COM	33829M101	471	4,825	SH		SOLE		4,825	0	0
Fmc Corp.	COM	302491303	3,752	42,063	SH		SOLE		42,063	0	0
Fortinet Inc.	COM	34959E109	532	8,521	SH		SOLE		8,521	0	0
Fox Factory Holding Corp.	COM	35138V102	428	9,195	SH		SOLE		9,195	0	0
General Mills Inc.	COM	370334104	932	21,062	SH		SOLE		21,062	0	0
GeoPark Ltd	COM	G38327105	1,553	75,255	SH		SOLE		75,255	0	0
Getty Realty Corp.	COM	374297109	708	25,129	SH		SOLE		25,129	0	0
Global Payments Inc.	COM	37940X102	2,468	22,136	SH		SOLE		22,136	0	0
Golden Entertainment Inc.	COM	381013101	202	7,477	SH		SOLE		7,477	0	0
Golden Ocean Group Ltd	COM	G39637205	692	79,594	SH		SOLE		79,594	0	0
Granite Construction Inc.	COM	387328107	267	4,793	SH		SOLE		4,793	0	0
Gravity Co., Ltd	COM	38911N206	514	8,793	SH		SOLE		8,793	0	0
Green Dot Corporation Class A	COM	39304D102	412	5,609	SH		SOLE		5,609	0	0
GrubHub, Inc	COM	400110102	468	4,459	SH		SOLE		4,459	0	0
H&E Equipment Services, Inc.	COM	404030108	768	20,408	SH		SOLE		20,408	0	0
Hackett Group Inc. (The)	COM	404609109	316	19,634	SH		SOLE		19,634	0	0
Hanesbrands	COM	410345102	2,920	132,605	SH		SOLE		132,605	0	0
Hdfc Bank Ltd.	COM	40415F101	92	874	SH		SOLE		874	0	0
Heico Corp.	COM	422806109	9,387	128,714	SH		SOLE		128,714	0	0
HollyFrontier Corp.	COM	436106108	2,304	33,672	SH		SOLE		33,672	0	0
Hollysys Automation Technologi	COM	G45667105	1,643	74,204	SH		SOLE		74,204	0	0
Home Depot Inc.	COM	437076102	5,860	30,036	SH		SOLE		30,036	0	0
Houlihan Lokey, Inc Class A	COM	441593100	403	7,868	SH		SOLE		7,868	0	0
Huazhu Group Limited Sponsored	COM	44332N106	3,080	73,359	SH		SOLE		73,359	0	0
Icici Bank Ltd.	COM	45104G104	54	6,676	SH		SOLE		6,676	0	0
Idexx Laboratories Inc.	COM	45168D104	3,495	16,037	SH		SOLE		16,037	0	0
Ii-Vi Inc.	COM	902104108	386	8,888	SH		SOLE		8,888	0	0
Independent Bank Group, Inc.	COM	45384B106	201	3,005	SH		SOLE		3,005	0	0
Infosys Technologies Ltd. ADS	COM	456788108	88	4,524	SH		SOLE		4,524	0	0
Inogen Inc.	COM	45780L104	425	2,283	SH		SOLE		2,283	0	0
Intel Corp.	COM	458140100	1,031	20,743	SH		SOLE		20,743	0	0
InterXion Holding N.V.	COM	N47279109	767	12,285	SH		SOLE		12,285	0	0
International Business Machine	COM	459200101	2,000	14,319	SH		SOLE		14,319	0	0
IntriCon Corporation	COM	46121H109	610	15,142	SH		SOLE		15,142	0	0
Intuitive Surgical Inc.	COM	46120E602	5,400	11,286	SH		SOLE		11,286	0	0
Ipg Photonics Corp	COM	44980X109	6,955	31,524	SH		SOLE		31,524	0	0
Ishares Dow Jones U.S. Financi	COM	464287788	6,819	58,188	SH		SOLE		58,188	0	0
Ishares Dow Jones U.S. Technol	COM	464287721	11,706	65,663	SH		SOLE		65,663	0	0
Ishares MSCI Japan ETF	COM	46434G822	2,709	46,772	SH		SOLE		46,772	0	0
Ishares Trust Dow Jones U.S. C	COM	464287580	7,381	38,098	SH		SOLE		38,098	0	0
Ishares Trust Dow Jones U.S. I	COM	464287754	9,666	67,267	SH		SOLE		67,267	0	0
Ishares Trust Lehman 1-3 Year	COM	464287457	527	6,322	SH		SOLE		6,322	0	0
Ishares U.S. Energy Sector Ind	COM	464287796	9,565	228,056	SH		SOLE		228,056	0	0
John Bean Technologies Corp.	COM	477839104	408	4,591	SH		SOLE		4,591	0	0
Johnson & Johnson	COM	478160104	293	2,417	SH		SOLE		2,417	0	0
Jpmorgan Chase & Co.	COM	46625H100	244	2,340	SH		SOLE		2,340	0	0
Kemet Corp.	COM	488360207	1,037	42,941	SH		SOLE		42,941	0	0
Keycorp	COM	493267108	246	12,600	SH		SOLE		12,600	0	0
Knight Swift Transn Hldgs In	COM	499049104	2,389	62,510	SH		SOLE		62,510	0	0
Kroger Co.	COM	501044101	236	8,300	SH		SOLE		8,300	0	0
Kronos Worldwide Inc.	COM	50105F105	2,408	106,894	SH		SOLE		106,894	0	0
LGI Homes, Inc.	COM	50187T106	450	7,790	SH		SOLE		7,790	0	0
Lasalle Hotel Properties	COM	517942108	436	12,726	SH		SOLE		12,726	0	0
Lazard Ltd.	COM	G54050102	2,101	42,949	SH		SOLE		42,949	0	0
Legacy Resvs Lp	COM	524707304	653	94,700	SH		SOLE		94,700	0	0
Ligand Pharmaceuticals Inc.	COM	53220K504	2,040	9,849	SH		SOLE		9,849	0	0
Lockheed Martin Corp.	COM	539830109	2,190	7,413	SH		SOLE		7,413	0	0
Lpl Financial Holdings Inc	COM	50212V100	301	4,597	SH		SOLE		4,597	0	0
Lululemon Athletica	COM	550021109	2,630	21,063	SH		SOLE		21,063	0	0
Lumentum Hldgs Inc	COM	55024U109	1,685	29,098	SH		SOLE		29,098	0	0
LyondellBasell Industries N.V.	COM	N53745100	521	4,741	SH		SOLE		4,741	0	0
MSCI Inc.	COM	55354G100	491	2,968	SH		SOLE		2,968	0	0
Magna International Inc.	COM	559222401	1,169	20,103	SH		SOLE		20,103	0	0
Main Street Capital	COM	56035L104	205	5,375	SH		SOLE		5,375	0	0
Malayan Banking Berhad Sponsor	COM	56108H105	45	10,054	SH		SOLE		10,054	0	0
Malibu Boats Inc.	COM	56117J100	828	19,732	SH		SOLE		19,732	0	0
Manhattan Bridge Capital Inc	COM	562803106	80	10,551	SH		SOLE		10,551	0	0
Marathon Petroleum Corp.	COM	56585A102	3,445	49,103	SH		SOLE		49,103	0	0
Mastercard Inc	COM	57636Q104	2,577	13,112	SH		SOLE		13,112	0	0
Materials Select Sector Spdr F	COM	81369Y100	2,885	49,682	SH		SOLE		49,682	0	0
Maxim Integrated Products Inc.	COM	57772K101	2,126	36,235	SH		SOLE		36,235	0	0
Mcbc Hldgs Inc	COM	55276F107	1,523	52,592	SH		SOLE		52,592	0	0
Mccormick & Co. Inc.	COM	579780206	256	2,203	SH		SOLE		2,203	0	0
Mcdonald's Corp.	COM	580135101	878	5,601	SH		SOLE		5,601	0	0
Mcgrath Rentcorp	COM	580589109	771	12,179	SH		SOLE		12,179	0	0
Medifast Inc.	COM	58470H101	3,362	20,989	SH		SOLE		20,989	0	0
Melco Resorts & Entertainment	COM	585464100	78	2,791	SH		SOLE		2,791	0	0
Mellanox Technologies Ltd.	COM	M51363113	1,289	15,289	SH		SOLE		15,289	0	0
Mercadolibre Inc	COM	58733R102	81	270	SH		SOLE		270	0	0
Merck & Co.	COM	58933Y105	735	12,101	SH		SOLE		12,101	0	0
Mesa Laboratories Inc.	COM	59064R109	372	1,760	SH		SOLE		1,760	0	0
Methanex Corp.	COM	59151K108	1,359	19,223	SH		SOLE		19,223	0	0
MiMedx Group, Inc.	COM	602496101	120	18,802	SH		SOLE		18,802	0	0
Michael Kors Holdings Ltd	COM	G60754101	925	13,885	SH		SOLE		13,885	0	0
Micron Technology Inc.	COM	595112103	12,315	234,840	SH		SOLE		234,840	0	0
Microsoft Corp.	COM	594918104	2,080	21,089	SH		SOLE		21,089	0	0
Mimecast Limited	COM	G14838109	1,054	25,566	SH		SOLE		25,566	0	0
Mix Telematics Ltd	COM	60688N102	1,081	61,016	SH		SOLE		61,016	0	0
Mks Instruments Inc.	COM	55306N104	1,106	11,552	SH		SOLE		11,552	0	0
Moelis & Co	COM	60786M105	2,400	40,918	SH		SOLE		40,918	0	0
Monolithic Power Systems, Inc.	COM	609839105	628	4,696	SH		SOLE		4,696	0	0
Morningstar Inc.	COM	617700109	320	2,499	SH		SOLE		2,499	0	0
Mueller Industries Inc.	COM	624756102	297	10,059	SH		SOLE		10,059	0	0
NV5 Holdings, Inc.	COM	62945V109	385	5,552	SH		SOLE		5,552	0	0
Naspers Ltd.	COM	631512209	93	1,846	SH		SOLE		1,846	0	0
National Beverage Corp.	COM	635017106	3,902	36,500	SH		SOLE		36,500	0	0
National Health Investors Inc.	COM	63633D104	360	4,881	SH		SOLE		4,881	0	0
Netflix Inc.	COM	64110L106	1,988	5,080	SH		SOLE		5,080	0	0
New Jersey Resources Corp.	COM	646025106	232	5,190	SH		SOLE		5,190	0	0
Nice-Systems Ltd.	COM	653656108	1,255	12,094	SH		SOLE		12,094	0	0
Nidec Corp.	COM	654090109	9	250	SH		SOLE		250	0	0
Nmi Holdings Inc	COM	629209305	869	53,316	SH		SOLE		53,316	0	0
Norbord Inc	COM	65548P403	794	19,300	SH		SOLE		19,300	0	0
Northrop Grumman Corp.	COM	666807102	5,708	18,550	SH		SOLE		18,550	0	0
Nova Measuring Instruments Ltd	COM	M7516K103	603	22,117	SH		SOLE		22,117	0	0
Novanta Inc	COM	67000B104	2,634	42,278	SH		SOLE		42,278	0	0
Nvidia Corp.	COM	67066G104	13,041	55,050	SH		SOLE		55,050	0	0
Nvr Inc.	COM	62944T105	1,295	436	SH		SOLE		436	0	0
OAO Gazprom GDR	COM	368287207	30	6,774	SH		SOLE		6,774	0	0
Old Dominion Freight Line Inc.	COM	679580100	3,501	23,503	SH		SOLE		23,503	0	0
Old Republic International Cor	COM	680223104	400	20,105	SH		SOLE		20,105	0	0
Ollie'S Bargain Outlet Hldgs	COM	681116109	263	3,621	SH		SOLE		3,621	0	0
Oneok Inc.	COM	682680103	2,790	39,960	SH		SOLE		39,960	0	0
Orion Engineered Carbons	COM	L72967109	648	21,012	SH		SOLE		21,012	0	0
PGT Inc.	COM	69336V101	1,815	87,072	SH		SOLE		87,072	0	0
PRA Health Sciences Inc.	COM	69354M108	4,507	48,280	SH		SOLE		48,280	0	0
Packaging Corp. Of America	COM	695156109	3,954	35,372	SH		SOLE		35,372	0	0
PayPal Holdings Inc	COM	70450Y103	9,473	113,765	SH		SOLE		113,765	0	0
Paychex Inc.	COM	704326107	1,498	21,922	SH		SOLE		21,922	0	0
Paycom Software Inc.	COM	70432V102	3,055	30,909	SH		SOLE		30,909	0	0
Pepsico Inc.	COM	713448108	265	2,431	SH		SOLE		2,431	0	0
Perspecta, Inc.	COM	715347100	600	29,192	SH		SOLE		29,192	0	0
Petroleo Brasileiro S/A	COM	71654V408	50	5,020	SH		SOLE		5,020	0	0
Pfizer Inc.	COM	717081103	2,507	69,095	SH		SOLE		69,095	0	0
Philip Morris International In	COM	718172109	376	4,658	SH		SOLE		4,658	0	0
Phillips 66	COM	718546104	4,494	40,012	SH		SOLE		40,012	0	0
Pimco ETF 0-5 Yr High Yield Co	COM	72201R783	527	5,294	SH		SOLE		5,294	0	0
Ping An Ins Group Co China Spo	COM	72341E304	86	4,665	SH		SOLE		4,665	0	0
Points Intl Ltd	COM	730843208	365	22,200	SH		SOLE		22,200	0	0
Powershares Preferred Portfoli	COM	46138E511	194	13,300	SH		SOLE		13,300	0	0
Powershares QQQ Trust	COM	46090E103	7,564	44,064	SH		SOLE		44,064	0	0
Procter & Gamble Co.	COM	742718109	1,226	15,708	SH		SOLE		15,708	0	0
Profire Energy, Inc.	COM	74316X101	984	291,270	SH		SOLE		291,270	0	0
Pt Bank Rakyat Indonesia	COM	69366X100	49	4,990	SH		SOLE		4,990	0	0
RadNet Inc.	COM	750491102	550	36,670	SH		SOLE		36,670	0	0
Radware Ltd.	COM	M81873107	754	29,838	SH		SOLE		29,838	0	0
Rayonier Advanced Materials In	COM	75508B104	1,454	85,071	SH		SOLE		85,071	0	0
Raytheon Co.	COM	755111507	2,537	13,131	SH		SOLE		13,131	0	0
Rexford Industrial Realty, Inc	COM	76169C100	2,613	83,248	SH		SOLE		83,248	0	0
Rowe T Price Cap Appreciat Sh	COM	77954M105	281	9,685	SH		SOLE		9,685	0	0
S & P Gloabl	COM	78409V104	3,248	15,932	SH		SOLE		15,932	0	0
SMART Global Holdings Inc.	COM	G8232Y101	1,020	32,005	SH		SOLE		32,005	0	0
SPDR Barclays Convertible Secu	COM	78464A359	615	11,605	SH		SOLE		11,605	0	0
SPDR Gold Shares	COM	78463V107	310	2,611	SH		SOLE		2,611	0	0
Safe Bulkers Inc.	COM	Y7388L103	520	152,816	SH		SOLE		152,816	0	0
Safety Insurance Group Inc.	COM	78648T100	463	5,420	SH		SOLE		5,420	0	0
Sberbank Russia OJSC	COM	80585Y308	83	5,962	SH		SOLE		5,962	0	0
Schweitzer-Mauduit Internation	COM	808541106	2,937	67,185	SH		SOLE		67,185	0	0
Sinovac Biotech Ltd.	COM	P8696W104	238	31,865	SH		SOLE		31,865	0	0
Six Flags Entertainment	COM	83001A102	2,259	32,245	SH		SOLE		32,245	0	0
Sociedad Quimica Y Minera De C	COM	833635105	6,033	125,552	SH		SOLE		125,552	0	0
SodaStream International Ltd.	COM	M9068E105	332	3,887	SH		SOLE		3,887	0	0
Sonoco Products Co.	COM	835495102	2,170	41,332	SH		SOLE		41,332	0	0
Southern Copper Corp.	COM	84265V105	139	2,968	SH		SOLE		2,968	0	0
Spartan Motors Inc.	COM	846819100	579	38,354	SH		SOLE		38,354	0	0
Standard & Poor's Depositary R	COM	78462F103	4,088	15,069	SH		SOLE		15,069	0	0
Stmicroelectronics N.V.	COM	861012102	252	11,390	SH		SOLE		11,390	0	0
Summit Hotel Properties, Inc.,	COM	866082100	347	24,233	SH		SOLE		24,233	0	0
Suncor Energy Inc.	COM	867224107	706	17,343	SH		SOLE		17,343	0	0
Supernus Pharmaceuticals Inc	COM	868459108	952	15,901	SH		SOLE		15,901	0	0
Synopsys Inc.	COM	871607107	4,086	47,745	SH		SOLE		47,745	0	0
Sysco Corp.	COM	871829107	564	8,265	SH		SOLE		8,265	0	0
Take-Two Interactive Software	COM	874054109	7,984	67,457	SH		SOLE		67,457	0	0
Tal Education Group	COM	874080104	1,976	53,691	SH		SOLE		53,691	0	0
Techtarget, Inc	COM	87874R100	1,054	37,129	SH		SOLE		37,129	0	0
Teck Resources Ltd.	COM	878742204	2,971	116,753	SH		SOLE		116,753	0	0
Tencent Holdings Ltd. ADS	COM	88032Q109	151	3,007	SH		SOLE		3,007	0	0
Ternium s.a.	COM	880890108	926	26,598	SH		SOLE		26,598	0	0
Terreno Realty Corporation	COM	88146M101	763	20,264	SH		SOLE		20,264	0	0
Texas Instruments Inc.	COM	882508104	2,933	26,607	SH		SOLE		26,607	0	0
Tile Shop Holdings Inc.	COM	88677Q109	152	19,790	SH		SOLE		19,790	0	0
Transdigm Group	COM	893641100	613	1,775	SH		SOLE		1,775	0	0
Trex Co. Inc.	COM	89531P105	2,713	43,343	SH		SOLE		43,343	0	0
Trinet Group Inc	COM	896288107	1,100	19,656	SH		SOLE		19,656	0	0
Ttm Technologies Inc.	COM	87305R109	254	14,392	SH		SOLE		14,392	0	0
Turkcell Iletisim Hizmetleri A	COM	900111204	35	5,299	SH		SOLE		5,299	0	0
Twitter Inc.	COM	90184L102	2,513	57,556	SH		SOLE		57,556	0	0
Ultra Clean Holdings Inc.	COM	90385V107	521	31,366	SH		SOLE		31,366	0	0
Union Medical Healthcare	COM	00BYPFQH6	21	30,000	SH		SOLE		30,000	0	0
Union Pacific Corp.	COM	907818108	3,123	22,041	SH		SOLE		22,041	0	0
United Bankshares Inc.	COM	909907107	446	12,263	SH		SOLE		12,263	0	0
United Microelectronics Corp.	COM	910873405	60	21,296	SH		SOLE		21,296	0	0
Unitedhealth Group Inc.	COM	91324P102	3,051	12,438	SH		SOLE		12,438	0	0
Vale S.A.	COM	91912E105	82	6,391	SH		SOLE		6,391	0	0
Valero Energy Corp.	COM	91913Y100	8,763	79,066	SH		SOLE		79,066	0	0
VanEck Vectors Agribusiness ET	COM	92189F700	376	6,046	SH		SOLE		6,046	0	0
Veeva Systems, Inc.	COM	922475108	5,599	72,847	SH		SOLE		72,847	0	0
Viper Energy Partners LP	COM	92763M105	1,130	35,424	SH		SOLE		35,424	0	0
Virtu Finl Inc	COM	928254101	1,500	56,512	SH		SOLE		56,512	0	0
Visteon Corp.	COM	92839U206	509	3,936	SH		SOLE		3,936	0	0
WNS Holdings Ltd. (ADS)	COM	92932M101	2,074	39,751	SH		SOLE		39,751	0	0
Wal-Mart Stores Inc.	COM	931142103	223	2,600	SH		SOLE		2,600	0	0
Walt Disney Co.	COM	254687106	451	4,300	SH		SOLE		4,300	0	0
Watsco Inc.	COM	942622200	2,363	13,255	SH		SOLE		13,255	0	0
Weibo Corp Sponsored ADR Class	COM	948596101	5,672	63,901	SH		SOLE		63,901	0	0
Wellcare Group Inc.	COM	94946T106	367	1,490	SH		SOLE		1,490	0	0
Werner Enterprises Inc.	COM	950755108	1,241	33,045	SH		SOLE		33,045	0	0
Western Alliance Bancorp	COM	957638109	780	13,774	SH		SOLE		13,774	0	0
Western Union Co.	COM	959802109	1,551	76,283	SH		SOLE		76,283	0	0
Westlake Chemical Corp.	COM	960413102	7,722	71,745	SH		SOLE		71,745	0	0
Wex Inc	COM	96208T104	2,612	13,715	SH		SOLE		13,715	0	0
Whirlpool Corp.	COM	963320106	2,305	15,762	SH		SOLE		15,762	0	0
Wingstop Inc.	COM	974155103	260	4,993	SH		SOLE		4,993	0	0
World Wrestling Entertainment	COM	98156Q108	2,120	29,119	SH		SOLE		29,119	0	0
Worldpay Inc.	COM	981558109	3,700	45,246	SH		SOLE		45,246	0	0
XPO Logistics, Inc.	COM	983793100	3,821	38,144	SH		SOLE		38,144	0	0
Yandex N.V. CI A	COM	N97284108	82	2,297	SH		SOLE		2,297	0	0
Zoetis Inc.	COM	98978V103	4,322	50,730	SH		SOLE		50,730	0	0
iShares MSCI ACWI ETF	COM	464288257	621	8,732	SH		SOLE		8,732	0	0
iShares MSCI EAFE Small-Cap ET	COM	464288273	652	10,394	SH		SOLE		10,394	0	0
Cavalier Fundamental Growth Fu	COM	85520V335	8,270	533,556	SH		SOLE		533,556	0	0