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
AbbVie Inc.	COM	00287Y109	2,655	29,985	SH		SOLE		29,985	0	0
Acushnet Holdings Corp.	COM	005098108	377	11,600	SH		SOLE		11,600	0	0
Adobe Systems Inc.	COM	00724F101	8,903	26,994	SH		SOLE		26,994	0	0
Align Technology Inc.	COM	016255101	933	3,344	SH		SOLE		3,344	0	0
Amazon.Com Inc.	COM	023135106	477	258	SH		SOLE		258	0	0
American Express Co.	COM	025816109	365	2,932	SH		SOLE		2,932	0	0
American States Water Co.	COM	029899101	392	4,522	SH		SOLE		4,522	0	0
American Tower Corp.	COM	03027X100	4,923	21,423	SH		SOLE		21,423	0	0
America's Car-Mart Inc.	COM	03062T105	222	2,022	SH		SOLE		2,022	0	0
Ametek Inc.	COM	031100100	233	2,336	SH		SOLE		2,336	0	0
Amgen Inc.	COM	031162100	5,028	20,858	SH		SOLE		20,858	0	0
Amphenol Corp.	COM	032095101	228	2,104	SH		SOLE		2,104	0	0
Appfolio Inc	COM	03783C100	2,684	24,409	SH		SOLE		24,409	0	0
Apple Computer Inc.	COM	037833100	1,461	4,976	SH		SOLE		4,976	0	0
Arbor Realty Trust Inc.	COM	038923108	6,384	444,866	SH		SOLE		444,866	0	0
Arch Capital Group Ltd.	COM	G0450A105	326	7,600	SH		SOLE		7,600	0	0
Ares Coml Real Estate Corp	COM	04013V108	1,607	101,447	SH		SOLE		101,447	0	0
ASE Industrial Holding Co., Lt	COM	00215W100	31	5,499	SH		SOLE		5,499	0	0
Atlassian Corp. Plc Class A	COM	G06242104	3,074	25,544	SH		SOLE		25,544	0	0
Audiocodes Ltd.	COM	M15342104	4,690	182,566	SH		SOLE		182,566	0	0
Autozone Inc.	COM	053332102	6,127	5,143	SH		SOLE		5,143	0	0
Bank Of America Corp.	COM	060505104	472	13,400	SH		SOLE		13,400	0	0
BG Staffing,Inc.	COM	05544A109	1,695	77,431	SH		SOLE		77,431	0	0
Biodelivery Sciences Internati	COM	09060J106	584	92,334	SH		SOLE		92,334	0	0
Bio-Techne Corporation	COM	09073M104	458	2,088	SH		SOLE		2,088	0	0
BioTelemetry, Inc.	COM	090672106	231	5,000	SH		SOLE		5,000	0	0
Boeing Co.	COM	097023105	207	635	SH		SOLE		635	0	0
Booz Allen Hamilton Holding Co	COM	099502106	1,055	14,833	SH		SOLE		14,833	0	0
Bright Horizons Family Solutio	COM	109194100	5,374	35,759	SH		SOLE		35,759	0	0
Broadcom Inc.	COM	11135F101	1,404	4,443	SH		SOLE		4,443	0	0
Bunge Ltd.	COM	G16962105	2,097	36,441	SH		SOLE		36,441	0	0
Cadence Design Systems Inc.	COM	127387108	6,700	96,599	SH		SOLE		96,599	0	0
Calavo Growers Inc.	COM	128246105	375	4,142	SH		SOLE		4,142	0	0
Capital Southwest Corp.	COM	140501107	2,522	121,181	SH		SOLE		121,181	0	0
Carlyle Group L P	COM	14309L102	257	8,000	SH		SOLE		8,000	0	0
Caterpillar Inc.	COM	149123101	650	4,400	SH		SOLE		4,400	0	0
Cavalier Fundamental Growth Fu	COM	85520V335	5,623	395,952	SH		SOLE		395,952	0	0
Chesapeake Utilities Corp.	COM	165303108	235	2,455	SH		SOLE		2,455	0	0
Chevron Corp.	COM	166764100	1,009	8,372	SH		SOLE		8,372	0	0
Chipotle Mexican Grill Inc	COM	169656105	8,243	9,847	SH		SOLE		9,847	0	0
Choice Hotels International In	COM	169905106	320	3,095	SH		SOLE		3,095	0	0
Cisco Systems Inc.	COM	17275R102	2,880	60,059	SH		SOLE		60,059	0	0
Clean Harbors Inc.	COM	184496107	202	2,357	SH		SOLE		2,357	0	0
Community Healthcare Trust,Inc	COM	20369C106	1,074	25,048	SH		SOLE		25,048	0	0
Consumer Discretionary Select	COM	81369Y407	1,994	15,898	SH		SOLE		15,898	0	0
Consumer Staples Select Sector	COM	81369Y308	2,060	32,709	SH		SOLE		32,709	0	0
Cooper Cos.	COM	216648402	227	707	SH		SOLE		707	0	0
Copart Inc.	COM	217204106	11,491	126,360	SH		SOLE		126,360	0	0
Corning Inc.	COM	219350105	252	8,653	SH		SOLE		8,653	0	0
Costamare Inc.	COM	Y1771G102	1,465	153,719	SH		SOLE		153,719	0	0
Costco Wholesale Corp.	COM	22160K105	3,662	12,460	SH		SOLE		12,460	0	0
Cracker Barrel Old Country	COM	22410J106	240	1,564	SH		SOLE		1,564	0	0
Csx Corp.	COM	126408103	268	3,700	SH		SOLE		3,700	0	0
CubeSmart	COM	229663109	2,508	79,671	SH		SOLE		79,671	0	0
CVR Energy	COM	12662P108	746	18,452	SH		SOLE		18,452	0	0
Cyberark Software Ltd	COM	M2682V108	5,961	51,132	SH		SOLE		51,132	0	0
Dana Holding Corp.	COM	235825205	2,675	146,976	SH		SOLE		146,976	0	0
Darden Restaurants Inc.	COM	237194105	4,314	39,577	SH		SOLE		39,577	0	0
Dexcom Inc	COM	252131107	3,889	17,779	SH		SOLE		17,779	0	0
DHT Holdings, Inc.	COM	Y2065G121	492	59,477	SH		SOLE		59,477	0	0
Digital Realty Trust Inc.	COM	253868103	2,267	18,936	SH		SOLE		18,936	0	0
Digital Turbine, Inc.	COM	25400W102	1,100	154,345	SH		SOLE		154,345	0	0
Dmc Global Inc	COM	23291C103	1,658	36,883	SH		SOLE		36,883	0	0
Dominion Resources Inc. (Virgi	COM	25746U109	735	8,877	SH		SOLE		8,877	0	0
Douglas Dynamics Inc.	COM	25960R105	5,029	91,434	SH		SOLE		91,434	0	0
Ducommun Inc.	COM	264147109	1,520	30,085	SH		SOLE		30,085	0	0
Eaton Corp.	COM	G29183103	2,898	30,599	SH		SOLE		30,599	0	0
Eldorado Resorts Inc	COM	28470R102	1,151	19,299	SH		SOLE		19,299	0	0
Eli Lilly & Co.	COM	532457108	263	2,000	SH		SOLE		2,000	0	0
Enanta Pharmaceuticals, Inc.	COM	29251M106	389	6,300	SH		SOLE		6,300	0	0
Endava Plc Sponsored ADR Class	COM	29260V105	377	8,100	SH		SOLE		8,100	0	0
Ennis Inc.	COM	293389102	851	39,327	SH		SOLE		39,327	0	0
Enphase Energy, Inc.	COM	29355A107	1,452	55,562	SH		SOLE		55,562	0	0
EPAM Systems, Inc.	COM	29414B104	5,454	25,706	SH		SOLE		25,706	0	0
Erie Indemnity Co.	COM	29530P102	287	1,731	SH		SOLE		1,731	0	0
Essent Group Ltd.	COM	G3198U102	872	16,778	SH		SOLE		16,778	0	0
Euronet Worldwide Inc.	COM	298736109	3,842	24,384	SH		SOLE		24,384	0	0
Evertec Inc.	COM	30040P103	782	22,965	SH		SOLE		22,965	0	0
Extra Space Storage Inc.	COM	30225T102	973	9,217	SH		SOLE		9,217	0	0
Exxon Mobil Corp.	COM	30231G102	427	6,114	SH		SOLE		6,114	0	0
Fabrinet	COM	G3323L100	438	6,749	SH		SOLE		6,749	0	0
Facebook Inc.	COM	30303M102	421	2,050	SH		SOLE		2,050	0	0
Factset Research Systems Inc.	COM	303075105	204	761	SH		SOLE		761	0	0
Fair Isaac Corp.	COM	303250104	5,130	13,692	SH		SOLE		13,692	0	0
Fastenal Co.	COM	311900104	2,755	74,559	SH		SOLE		74,559	0	0
Federal Signal Corp.	COM	313855108	4,038	125,195	SH		SOLE		125,195	0	0
Fidelity National Info Svcs	COM	31620M106	1,337	9,614	SH		SOLE		9,614	0	0
Financial Select Sector Spdr F	COM	81369Y605	1,970	63,991	SH		SOLE		63,991	0	0
First American Financial Corp.	COM	31847R102	2,691	46,146	SH		SOLE		46,146	0	0
First Trust Consumer Disc. Alp	COM	33734X101	12,235	269,903	SH		SOLE		269,903	0	0
First Trust Financials AlphaDe	COM	33734X135	358	10,674	SH		SOLE		10,674	0	0
First Trust Healthcare AlphaDe	COM	33734X143	12,542	148,954	SH		SOLE		148,954	0	0
First Trust Indust./Prod.Dura	COM	33734X150	12,013	266,188	SH		SOLE		266,188	0	0
First Trust Materials AlphaDex	COM	33734X168	11,352	283,375	SH		SOLE		283,375	0	0
First Trust S&P REIT Index Fd.	COM	33734G108	269	10,288	SH		SOLE		10,288	0	0
First Trust Technology AlphaDe	COM	33734X176	12,420	171,152	SH		SOLE		171,152	0	0
First Trust Utilities AlphaDex	COM	33734X184	359	12,278	SH		SOLE		12,278	0	0
FirstTrust NASDAQ Tech.	COM	337345102	12,572	125,593	SH		SOLE		125,593	0	0
Fly Leasing Limited Sponsored	COM	34407D109	437	22,273	SH		SOLE		22,273	0	0
Fmc Corp.	COM	302491303	275	2,759	SH		SOLE		2,759	0	0
Fortinet Inc.	COM	34959E109	9,063	84,891	SH		SOLE		84,891	0	0
Fortress Transportation and In	COM	34960P101	577	29,522	SH		SOLE		29,522	0	0
Funko Inc	COM	361008105	458	26,661	SH		SOLE		26,661	0	0
Genasys, Inc.	COM	36872P103	247	75,420	SH		SOLE		75,420	0	0
General Mills Inc.	COM	370334104	1,232	23,009	SH		SOLE		23,009	0	0
Genmab A S	COM	372303206	646	28,938	SH		SOLE		28,938	0	0
GeoPark Ltd	COM	G38327105	781	35,328	SH		SOLE		35,328	0	0
Getty Realty Corp.	COM	374297109	1,169	35,573	SH		SOLE		35,573	0	0
Global Payments Inc.	COM	37940X102	350	1,919	SH		SOLE		1,919	0	0
Globant SA.	COM	L44385109	1,969	18,564	SH		SOLE		18,564	0	0
Gravity Co., Ltd	COM	38911N206	482	12,895	SH		SOLE		12,895	0	0
Great Ajax Corp.	COM	38983D300	998	67,376	SH		SOLE		67,376	0	0
Grupo Aeroportuario Del Pacifi	COM	400506101	556	4,685	SH		SOLE		4,685	0	0
H&R Block Inc.	COM	093671105	759	32,313	SH		SOLE		32,313	0	0
Hackett Group Inc. (The)	COM	404609109	227	14,054	SH		SOLE		14,054	0	0
Hallmark Finl Svcs Inc Ec	COM	40624Q203	364	20,740	SH		SOLE		20,740	0	0
Heico Corp.	COM	422806109	10,637	93,188	SH		SOLE		93,188	0	0
Hershey Foods Corp.	COM	427866108	205	1,392	SH		SOLE		1,392	0	0
Home Depot Inc.	COM	437076102	920	4,215	SH		SOLE		4,215	0	0
Idexx Laboratories Inc.	COM	45168D104	366	1,403	SH		SOLE		1,403	0	0
Incyte Corp.	COM	45337C102	556	6,362	SH		SOLE		6,362	0	0
Ingersoll-Rand Plc	COM	G47791101	3,020	22,723	SH		SOLE		22,723	0	0
Innovative Indl Pptys Inc	COM	45781V101	257	3,385	SH		SOLE		3,385	0	0
Inovalon Holdings, Inc. Class	COM	45781D101	712	37,857	SH		SOLE		37,857	0	0
Intel Corp.	COM	458140100	1,128	18,841	SH		SOLE		18,841	0	0
Intelligent Systems Corp.	COM	45816D100	306	7,651	SH		SOLE		7,651	0	0
International Business Machine	COM	459200101	1,887	14,076	SH		SOLE		14,076	0	0
Interpublic Group Of Cos.	COM	460690100	2,287	98,984	SH		SOLE		98,984	0	0
Intuitive Surgical Inc.	COM	46120E602	799	1,351	SH		SOLE		1,351	0	0
iRadimed Corp	COM	46266A109	486	20,800	SH		SOLE		20,800	0	0
Iron Mountain, Inc.	COM	46284V101	873	27,379	SH		SOLE		27,379	0	0
Ishares Dow Jones U.S. Technol	COM	464287721	4,453	19,146	SH		SOLE		19,146	0	0
iShares iBond Dec 2029 Term Co	COM	46436E205	621	24,300	SH		SOLE		24,300	0	0
iShares iBonds Dec 2024 Term C	COM	46434VBG4	250	9,715	SH		SOLE		9,715	0	0
Ishares Iboxx $ High Yield Cor	COM	464288513	2,326	26,452	SH		SOLE		26,452	0	0
iShares MSCI ACWI ETF	COM	464288257	416	5,252	SH		SOLE		5,252	0	0
iShares MSCI EAFE Small-Cap ET	COM	464288273	459	7,372	SH		SOLE		7,372	0	0
Ishares Trust Dow Jones U.S. B	COM	464287838	2,046	20,893	SH		SOLE		20,893	0	0
Ishares Trust Dow Jones U.S. H	COM	464287762	2,093	9,703	SH		SOLE		9,703	0	0
Ishares Trust Dow Jones U.S. I	COM	464287754	4,050	24,160	SH		SOLE		24,160	0	0
Ishares Trust Dow Jones U.S. U	COM	464287697	1,779	10,976	SH		SOLE		10,976	0	0
Ishares Trust Lehman 1-3 Year	COM	464287457	17,243	203,745	SH		SOLE		203,745	0	0
Ishares Trust Nasdaq Biotechno	COM	464287556	2,130	17,677	SH		SOLE		17,677	0	0
JD.com,Inc.	COM	47215P106	638	18,117	SH		SOLE		18,117	0	0
Johnson & Johnson	COM	478160104	356	2,442	SH		SOLE		2,442	0	0
Jpmorgan Chase & Co.	COM	46625H100	248	1,781	SH		SOLE		1,781	0	0
Keysight Technologies Inc	COM	49338L103	9,848	95,958	SH		SOLE		95,958	0	0
Kinsale Capital Group, Inc.	COM	49714P108	794	7,807	SH		SOLE		7,807	0	0
Kla-Tencor Corp.	COM	482480100	2,896	16,252	SH		SOLE		16,252	0	0
Kornit Digital Ltd.	COM	M6372Q113	1,233	36,021	SH		SOLE		36,021	0	0
Kroger Co.	COM	501044101	217	7,500	SH		SOLE		7,500	0	0
Lamar Advertising Co. Class A	COM	512816109	1,972	22,096	SH		SOLE		22,096	0	0
Lamb Weston Holdings Inc.	COM	513272104	1,393	16,190	SH		SOLE		16,190	0	0
LHC Group	COM	50187A107	317	2,300	SH		SOLE		2,300	0	0
Ligand Pharmaceuticals Inc.	COM	53220K504	386	3,700	SH		SOLE		3,700	0	0
Lockheed Martin Corp.	COM	539830109	2,871	7,372	SH		SOLE		7,372	0	0
Lpl Financial Holdings Inc	COM	50212V100	563	6,103	SH		SOLE		6,103	0	0
Lululemon Athletica	COM	550021109	14,311	61,773	SH		SOLE		61,773	0	0
LyondellBasell Industries N.V.	COM	N53745100	829	8,776	SH		SOLE		8,776	0	0
Marathon Petroleum Corp.	COM	56585A102	3,084	51,194	SH		SOLE		51,194	0	0
Mastec Inc.	COM	576323109	278	4,340	SH		SOLE		4,340	0	0
Mastercard Inc	COM	57636Q104	6,266	20,986	SH		SOLE		20,986	0	0
Match Group Inc	COM	57665R106	1,388	16,901	SH		SOLE		16,901	0	0
Materials Select Sector Spdr F	COM	81369Y100	1,995	32,479	SH		SOLE		32,479	0	0
Maxim Integrated Products Inc.	COM	57772K101	2,261	36,755	SH		SOLE		36,755	0	0
Mccormick & Co. Inc.	COM	579780206	374	2,206	SH		SOLE		2,206	0	0
Mcdonald's Corp.	COM	580135101	850	4,300	SH		SOLE		4,300	0	0
Mcgrath Rentcorp	COM	580589109	879	11,485	SH		SOLE		11,485	0	0
Medical Properties Trust REIT	COM	58463J304	3,158	149,609	SH		SOLE		149,609	0	0
Medpace Holdings, Inc.	COM	58506Q109	1,394	16,589	SH		SOLE		16,589	0	0
Mellanox Technologies Ltd.	COM	M51363113	2,234	19,062	SH		SOLE		19,062	0	0
Merck & Co.	COM	58933Y105	797	8,762	SH		SOLE		8,762	0	0
Mercury Computer Systems Inc.	COM	589378108	293	4,242	SH		SOLE		4,242	0	0
Mesa Laboratories Inc.	COM	59064R109	313	1,255	SH		SOLE		1,255	0	0
Microsoft Corp.	COM	594918104	2,396	15,194	SH		SOLE		15,194	0	0
Model N, Inc.	COM	607525102	305	8,700	SH		SOLE		8,700	0	0
Monolithic Power Systems, Inc.	COM	609839105	935	5,251	SH		SOLE		5,251	0	0
Morningstar Inc.	COM	617700109	269	1,776	SH		SOLE		1,776	0	0
MSCI Inc.	COM	55354G100	528	2,045	SH		SOLE		2,045	0	0
Mueller Industries Inc.	COM	624756102	226	7,127	SH		SOLE		7,127	0	0
Nacco Industries Inc.	COM	629579103	308	6,571	SH		SOLE		6,571	0	0
Napco Security Systems Inc.	COM	630402105	345	11,739	SH		SOLE		11,739	0	0
National Health Investors Inc.	COM	63633D104	758	9,299	SH		SOLE		9,299	0	0
National Storage Affiliates Tr	COM	637870106	1,192	35,461	SH		SOLE		35,461	0	0
New Oriental Education	COM	647581107	630	5,199	SH		SOLE		5,199	0	0
Newtek Business Services Corp.	COM	652526203	1,286	56,790	SH		SOLE		56,790	0	0
NextEra Energy Inc	COM	65339F101	4,344	17,939	SH		SOLE		17,939	0	0
Nice-Systems Ltd.	COM	653656108	2,512	16,189	SH		SOLE		16,189	0	0
Nmi Holdings Inc	COM	629209305	1,825	55,014	SH		SOLE		55,014	0	0
North American Construction Gr	COM	656811106	493	40,643	SH		SOLE		40,643	0	0
Northrop Grumman Corp.	COM	666807102	239	696	SH		SOLE		696	0	0
Novanta Inc	COM	67000B104	1,386	15,677	SH		SOLE		15,677	0	0
Nvidia Corp.	COM	67066G104	365	1,552	SH		SOLE		1,552	0	0
Old Republic International Cor	COM	680223104	842	37,625	SH		SOLE		37,625	0	0
Omnicom Group Inc.	COM	681919106	2,198	27,126	SH		SOLE		27,126	0	0
Oneok Inc.	COM	682680103	3,576	47,254	SH		SOLE		47,254	0	0
O'Reilly Automotive inc	COM	67103H107	1,851	4,223	SH		SOLE		4,223	0	0
Osi Systems Inc.	COM	671044105	430	4,268	SH		SOLE		4,268	0	0
Paychex Inc.	COM	704326107	1,871	21,994	SH		SOLE		21,994	0	0
Paycom Software Inc.	COM	70432V102	17,231	65,083	SH		SOLE		65,083	0	0
PayPal Holdings Inc	COM	70450Y103	8,015	74,099	SH		SOLE		74,099	0	0
PaySign Inc.	COM	70451A104	1,387	136,609	SH		SOLE		136,609	0	0
Pc-Tel Inc.	COM	69325Q105	420	49,600	SH		SOLE		49,600	0	0
PennyMac Financial Services, I	COM	70932M107	590	17,347	SH		SOLE		17,347	0	0
Pepsico Inc.	COM	713448108	2,064	15,103	SH		SOLE		15,103	0	0
Perficient Inc.	COM	71375U101	794	17,238	SH		SOLE		17,238	0	0
Pfizer Inc.	COM	717081103	3,051	77,881	SH		SOLE		77,881	0	0
PGT Inc.	COM	69336V101	388	26,000	SH		SOLE		26,000	0	0
Philip Morris International In	COM	718172109	577	6,784	SH		SOLE		6,784	0	0
Phillips 66	COM	718546104	979	8,790	SH		SOLE		8,790	0	0
Powershares QQQ Trust	COM	46090E103	2,038	9,584	SH		SOLE		9,584	0	0
Procter & Gamble Co.	COM	742718109	209	1,676	SH		SOLE		1,676	0	0
Progressive Corp.	COM	743315103	228	3,150	SH		SOLE		3,150	0	0
Qualys, Inc.	COM	74758T303	2,410	28,902	SH		SOLE		28,902	0	0
R1 RCM Inc	COM	749397105	612	47,135	SH		SOLE		47,135	0	0
RenaissanceRe Holdings Ltd.	COM	G7496G103	809	4,129	SH		SOLE		4,129	0	0
Rent-A-Center Inc.	COM	76009N100	424	14,711	SH		SOLE		14,711	0	0
Repligen Corp.	COM	759916109	431	4,661	SH		SOLE		4,661	0	0
Repro-Med Systems Inc.	COM	759910102	235	36,000	SH		SOLE		36,000	0	0
RingCentral, Inc. Class A	COM	76680R206	613	3,633	SH		SOLE		3,633	0	0
Roku Inc.	COM	77543R102	303	2,266	SH		SOLE		2,266	0	0
Ross Stores Inc.	COM	778296103	10,093	86,695	SH		SOLE		86,695	0	0
S & P Gloabl	COM	78409V104	2,276	8,335	SH		SOLE		8,335	0	0
Safehold Inc.	COM	78645L100	947	23,495	SH		SOLE		23,495	0	0
Safety Insurance Group Inc.	COM	78648T100	927	10,019	SH		SOLE		10,019	0	0
Saia, Inc.	COM	78709Y105	432	4,637	SH		SOLE		4,637	0	0
Sapiens International Corp NV	COM	G7T16G103	2,645	115,020	SH		SOLE		115,020	0	0
Scotts Miracle-Gro Co.	COM	810186106	390	3,673	SH		SOLE		3,673	0	0
ServiceNow, Inc.	COM	81762P102	4,466	15,818	SH		SOLE		15,818	0	0
Simulations Plus Inc.	COM	829214105	479	16,462	SH		SOLE		16,462	0	0
Sinovac Biotech Ltd.	COM	P8696W104	161	24,822	SH		SOLE		24,822	0	0
Six Flags Entertainment	COM	83001A102	1,342	29,746	SH		SOLE		29,746	0	0
Sonoco Products Co.	COM	835495102	2,602	42,166	SH		SOLE		42,166	0	0
Spartan Motors Inc.	COM	846819100	245	13,573	SH		SOLE		13,573	0	0
SPDR Barclays Convertible Secu	COM	78464A359	409	7,377	SH		SOLE		7,377	0	0
Standard & Poor's Depositary R	COM	78462F103	901	2,800	SH		SOLE		2,800	0	0
Store Cap Corp	COM	862121100	1,121	30,113	SH		SOLE		30,113	0	0
Sun Communities Inc.	COM	866674104	5,195	34,610	SH		SOLE		34,610	0	0
Synopsys Inc.	COM	871607107	5,288	37,985	SH		SOLE		37,985	0	0
Sysco Corp.	COM	871829107	225	2,635	SH		SOLE		2,635	0	0
Taiwan Semiconductor Manufactu	COM	874039100	885	15,235	SH		SOLE		15,235	0	0
Tal Education Group	COM	874080104	213	4,412	SH		SOLE		4,412	0	0
Techtarget, Inc	COM	87874R100	254	9,736	SH		SOLE		9,736	0	0
Teledyne Technologies Inc.	COM	879360105	1,891	5,456	SH		SOLE		5,456	0	0
Tempur-Pedic International Inc	COM	88023U101	263	3,026	SH		SOLE		3,026	0	0
Texas Instruments Inc.	COM	882508104	3,264	25,446	SH		SOLE		25,446	0	0
Timken Co.	COM	887389104	2,601	46,185	SH		SOLE		46,185	0	0
TopBuild Corp.	COM	89055F103	355	3,444	SH		SOLE		3,444	0	0
Transdigm Group	COM	893641100	3,382	6,040	SH		SOLE		6,040	0	0
TTEC Holdings Inc.	COM	89854H102	404	10,203	SH		SOLE		10,203	0	0
U.S. Concrete, Inc.	COM	90333L201	640	15,356	SH		SOLE		15,356	0	0
Ubiquiti Inc.	COM	90353W103	6,627	35,068	SH		SOLE		35,068	0	0
Ufp Technologies Inc.	COM	902673102	347	7,000	SH		SOLE		7,000	0	0
Union Medical Healthcare	COM	00BYPFQH6	21	30,000	SH		SOLE		30,000	0	0
Union Pacific Corp.	COM	907818108	3,712	20,532	SH		SOLE		20,532	0	0
United Bankshares Inc.	COM	909907107	889	22,997	SH		SOLE		22,997	0	0
United Microelectronics Corp.	COM	910873405	23	8,538	SH		SOLE		8,538	0	0
Unitedhealth Group Inc.	COM	91324P102	414	1,407	SH		SOLE		1,407	0	0
Universal Display Corp.	COM	91347P105	8,581	41,642	SH		SOLE		41,642	0	0
Valero Energy Corp.	COM	91913Y100	1,732	18,498	SH		SOLE		18,498	0	0
VanEck Vectors Agribusiness ET	COM	92189F700	273	3,968	SH		SOLE		3,968	0	0
Vanguard FTSE All-World ex-US	COM	922042775	420	7,818	SH		SOLE		7,818	0	0
Veeva Systems, Inc.	COM	922475108	13,570	96,476	SH		SOLE		96,476	0	0
Verisign Inc.	COM	92343E102	3,433	17,815	SH		SOLE		17,815	0	0
Verisk Analytics	COM	92345Y106	9,577	64,129	SH		SOLE		64,129	0	0
Visa Inc.	COM	92826C839	5,465	29,082	SH		SOLE		29,082	0	0
Wal-Mart Stores Inc.	COM	931142103	290	2,444	SH		SOLE		2,444	0	0
Walt Disney Co.	COM	254687106	438	3,028	SH		SOLE		3,028	0	0
Watsco Inc.	COM	942622200	2,492	13,832	SH		SOLE		13,832	0	0
Wellcare Group Inc.	COM	94946T106	485	1,469	SH		SOLE		1,469	0	0
Wex Inc	COM	96208T104	1,696	8,098	SH		SOLE		8,098	0	0
Willis Lease Finance Corp.	COM	970646105	303	5,151	SH		SOLE		5,151	0	0
Wingstop Inc.	COM	974155103	306	3,554	SH		SOLE		3,554	0	0
Wix.com Ltd.	COM	M98068105	379	3,100	SH		SOLE		3,100	0	0
WNS Holdings Ltd. (ADS)	COM	92932M101	996	15,053	SH		SOLE		15,053	0	0
Woodward, Inc.	COM	980745103	1,212	10,231	SH		SOLE		10,231	0	0
Xilinx Inc.	COM	983919101	4,089	41,818	SH		SOLE		41,818	0	0
XPEL, Inc.	COM	98379L100	690	47,079	SH		SOLE		47,079	0	0
Yum! Brands Inc.	COM	988498101	369	3,665	SH		SOLE		3,665	0	0
Zoetis Inc.	COM	98978V103	12,794	96,667	SH		SOLE		96,667	0	0
Zynga Inc. Class A	COM	98986T108	377	61,560	SH		SOLE		61,560	0	0