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| | | 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 |
1st Enterprise Bank | COM | 32008C108 | 827 | 33,085 | SH | | SOLE | | 33,085 | 0 | 0 |
1st United Bancorp, Inc. | COM | 33740N105 | 7,075 | 820,821 | SH | | SOLE | | 820,821 | 0 | 0 |
Aeroflex, Inc. | COM | 007767106 | 702 | 66,900 | SH | | SOLE | | 66,900 | 0 | 0 |
Alarian Financial Services, In | COM | 011636107 | 83 | 10,100 | SH | | SOLE | | 10,100 | 0 | 0 |
Alexion Pharmaceuticals | COM | 015351109 | 4,517 | 28,907 | SH | | SOLE | | 25,973 | 0 | 2,934 |
Amazon.com, Inc. | COM | 023135106 | 6,012 | 18,512 | SH | | SOLE | | 16,780 | 0 | 1,732 |
American International Group, | COM | 026874784 | 4,261 | 78,070 | SH | | SOLE | | 70,445 | 0 | 7,625 |
American Realty Capital Health | COM | 02917R108 | 4,356 | 400,000 | SH | | SOLE | | 400,000 | 0 | 0 |
Apple Computer, Inc. | COM | 037833100 | 11,140 | 119,880 | SH | | SOLE | | 105,665 | 0 | 14,215 |
Aruba Networks, Inc. | COM | 043176106 | 2,045 | 116,705 | SH | | SOLE | | 116,705 | 0 | 0 |
Bank of America Corp. | COM | 060505104 | 6,797 | 442,252 | SH | | SOLE | | 395,417 | 0 | 46,835 |
Bank of Commerce | COM | 061590105 | 889 | 142,931 | SH | | SOLE | | 142,931 | 0 | 0 |
Boeing Co. | COM | 097023105 | 5,007 | 39,351 | SH | | SOLE | | 35,403 | 0 | 3,948 |
Cbeyond, Inc. | COM | 149847105 | 5,128 | 515,382 | SH | | SOLE | | 515,382 | 0 | 0 |
Centrix Bank & Trust | COM | 15640A101 | 11,770 | 289,557 | SH | | SOLE | | 289,557 | 0 | 0 |
Chesapeake Energy Corp. | COM | 165167107 | 3,629 | 116,760 | SH | | SOLE | | 102,925 | 0 | 13,835 |
Ciena Corp. | COM | 171779309 | 2,220 | 102,475 | SH | | SOLE | | 102,475 | 0 | 0 |
Citigroup Inc. | COM | 172967424 | 6,043 | 128,300 | SH | | SOLE | | 113,433 | 0 | 14,867 |
CoStar Group, Inc. | COM | 22160N109 | 1,858 | 11,745 | SH | | SOLE | | 10,585 | 0 | 1,160 |
Comm. National Bank of the Lak | COM | 20375S400 | 316 | 59,191 | SH | | SOLE | | 59,191 | 0 | 0 |
Connecticut River Bancorp | COM | 20769N108 | 1,282 | 70,955 | SH | | SOLE | | 70,955 | 0 | 0 |
Copa Holdings S.A. - Cl A | COM | P31076105 | 2,073 | 14,538 | SH | | SOLE | | 13,078 | 0 | 1,460 |
Costco Wholesale Corp. | COM | 22160K105 | 5,346 | 46,424 | SH | | SOLE | | 41,584 | 0 | 4,840 |
Discovery Communications | COM | 25470F104 | 1,147 | 15,445 | SH | | SOLE | | 11,260 | 0 | 4,185 |
Discovery Communications, Inc. | COM | 25470F302 | 2,151 | 29,635 | SH | | SOLE | | 29,635 | 0 | 0 |
EOG Resources, Inc. | COM | 26875P101 | 8,462 | 72,408 | SH | | SOLE | | 62,104 | 0 | 10,304 |
Emeritus Corp. | COM | 291005106 | 12,101 | 382,336 | SH | | SOLE | | 382,336 | 0 | 0 |
Enventis Corp. | COM | 29402J101 | 792 | 50,000 | SH | | SOLE | | 50,000 | 0 | 0 |
Estee Lauder Companies - CL A | COM | 518439104 | 3,689 | 49,675 | SH | | SOLE | | 44,305 | 0 | 5,370 |
Facebook, Inc.-A | COM | 30303M102 | 5,681 | 84,425 | SH | | SOLE | | 76,355 | 0 | 8,070 |
First Citizens Bancorp Inc. | COM | 319460101 | 7,158 | 7,158 | SH | | SOLE | | 7,158 | 0 | 0 |
First Mountain Bank | COM | 321052102 | 755 | 86,099 | SH | | SOLE | | 86,099 | 0 | 0 |
Forest Laboratories, Inc. | COM | 345838106 | 17,570 | 177,479 | SH | | SOLE | | 177,479 | 0 | 0 |
Gilead Sciences, Inc. | COM | 375558103 | 4,772 | 57,554 | SH | | SOLE | | 51,908 | 0 | 5,646 |
Google Inc. - Class C | COM | 38259P706 | 5,977 | 10,390 | SH | | SOLE | | 9,129 | 0 | 1,261 |
Harley-Davidson, Inc. | COM | 412822108 | 2,360 | 33,790 | SH | | SOLE | | 33,790 | 0 | 0 |
Hittite Microwave Corp. | COM | 43365Y104 | 780 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
Humana, Inc. | COM | 444859102 | 9,437 | 73,886 | SH | | SOLE | | 67,406 | 0 | 6,480 |
Idenix Pharmaceuticals, Inc. | COM | 45166R204 | 2,634 | 109,275 | SH | | SOLE | | 109,275 | 0 | 0 |
J.C. Penney Company, Inc. | COM | 708160106 | 1,340 | 148,077 | SH | | SOLE | | 133,032 | 0 | 15,045 |
LSB Financial Corp. | COM | 501925101 | 861 | 20,564 | SH | | SOLE | | 20,564 | 0 | 0 |
Liberty Global, Inc. Cl A | COM | G5480U104 | 1,814 | 41,015 | SH | | SOLE | | 30,230 | 0 | 10,785 |
Liberty Interactive Corp. - A | COM | 53071M104 | 802 | 27,304 | SH | | SOLE | | 27,304 | 0 | 0 |
Liberty Media Corp. | COM | 531229102 | 5,568 | 40,734 | SH | | SOLE | | 36,549 | 0 | 4,185 |
MICROS Systems, Inc. | COM | 594901100 | 3,817 | 56,221 | SH | | SOLE | | 56,221 | 0 | 0 |
Mastercard Inc. - Class A | COM | 57636Q104 | 6,270 | 85,345 | SH | | SOLE | | 76,760 | 0 | 8,585 |
Medical Action Industries | COM | 58449L100 | 1,740 | 126,700 | SH | | SOLE | | 126,700 | 0 | 0 |
Mellanox Technologies, Ltd. | COM | M51363113 | 2,045 | 58,668 | SH | | SOLE | | 58,668 | 0 | 0 |
Michael Kors Holdings, Ltd. | COM | G60754101 | 1,747 | 19,710 | SH | | SOLE | | 17,730 | 0 | 1,980 |
Middleby Corp. | COM | 596278101 | 1,275 | 15,411 | SH | | SOLE | | 15,411 | 0 | 0 |
Monsanto Company | COM | 61166W101 | 5,203 | 41,710 | SH | | SOLE | | 37,495 | 0 | 4,215 |
Netsuite, Inc. | COM | 64118Q107 | 1,238 | 14,245 | SH | | SOLE | | 14,245 | 0 | 0 |
Nimble Storage, Inc. | COM | 65440R101 | 908 | 29,560 | SH | | SOLE | | 29,560 | 0 | 0 |
North Valley Bancorp. | COM | 66304M204 | 7,791 | 357,542 | SH | | SOLE | | 357,542 | 0 | 0 |
OBA Financial Services, Inc. | COM | 67424G101 | 9,042 | 404,201 | SH | | SOLE | | 404,201 | 0 | 0 |
Occidental Petroleum Corp. | COM | 674599105 | 698 | 6,797 | SH | | SOLE | | 4,959 | 0 | 1,838 |
OmniAmerican Bancorp, Inc. | COM | 68216R107 | 1,515 | 60,589 | SH | | SOLE | | 60,589 | 0 | 0 |
PLX Technology, Inc. | COM | 693417107 | 2,128 | 328,880 | SH | | SOLE | | 328,880 | 0 | 0 |
Petrologistics LP | COM | 71672U101 | 1,237 | 86,126 | SH | | SOLE | | 86,126 | 0 | 0 |
Pioneer Natural Resources Comp | COM | 723787107 | 5,119 | 22,275 | SH | | SOLE | | 20,920 | 0 | 1,355 |
Pokertek, Inc. | COM | 730864204 | 760 | 575,755 | SH | | SOLE | | 575,755 | 0 | 0 |
Priceline Group, Inc./The | COM | 741503403 | 3,595 | 2,988 | SH | | SOLE | | 2,662 | 0 | 326 |
Protective Life Corp. | COM | 743674103 | 13,770 | 198,610 | SH | | SOLE | | 198,610 | 0 | 0 |
Qualcomm, Inc. | COM | 747525103 | 3,753 | 47,390 | SH | | SOLE | | 42,667 | 0 | 4,723 |
R.G. Barry Corp. | COM | 068798107 | 3,812 | 201,162 | SH | | SOLE | | 201,162 | 0 | 0 |
Restoration Hardware Holding | COM | 761283100 | 2,698 | 28,990 | SH | | SOLE | | 26,180 | 0 | 2,810 |
Ruckus Wireless, Inc. | COM | 781220108 | 1,711 | 143,699 | SH | | SOLE | | 143,699 | 0 | 0 |
SP Bancorp, Inc. | COM | 78468K106 | 2,366 | 81,944 | SH | | SOLE | | 81,944 | 0 | 0 |
SVB Financial Group | COM | 78486Q101 | 1,496 | 12,830 | SH | | SOLE | | 12,830 | 0 | 0 |
SWS Group, Inc. | COM | 78503N107 | 797 | 109,518 | SH | | SOLE | | 109,518 | 0 | 0 |
Salesforce.com, Inc. | COM | 79466L302 | 5,518 | 94,999 | SH | | SOLE | | 84,160 | 0 | 10,839 |
Schawk, Inc. | COM | 806373106 | 8,767 | 430,577 | SH | | SOLE | | 430,577 | 0 | 0 |
Scripps Networks Interactive-C | COM | 811065101 | 555 | 6,838 | SH | | SOLE | | 6,838 | 0 | 0 |
Spirit Airlines, Inc. | COM | 848577102 | 2,548 | 40,295 | SH | | SOLE | | 36,205 | 0 | 4,090 |
Splunk, Inc. | COM | 848637104 | 1,832 | 33,105 | SH | | SOLE | | 33,105 | 0 | 0 |
Starwood Hotels & Resorts | COM | 85590A401 | 3,987 | 49,333 | SH | | SOLE | | 44,163 | 0 | 5,170 |
Susser Holdings Corp. | COM | 869233106 | 14,349 | 177,768 | SH | | SOLE | | 177,768 | 0 | 0 |
TF Financial Corp. | COM | 872391107 | 3,747 | 87,593 | SH | | SOLE | | 87,593 | 0 | 0 |
TW Telecom, Inc. | COM | 87311L104 | 1,303 | 32,335 | SH | | SOLE | | 32,335 | 0 | 0 |
Tesla Motors, Inc. | COM | 88160R101 | 945 | 3,935 | SH | | SOLE | | 3,935 | 0 | 0 |
Toll Brothers, Inc. | COM | 889478103 | 2,930 | 79,405 | SH | | SOLE | | 70,500 | 0 | 8,905 |
TriQuint Semiconductor | COM | 89674K103 | 10,885 | 688,517 | SH | | SOLE | | 688,517 | 0 | 0 |
United Bancorp, Inc. | COM | 90944L103 | 11,403 | 914,397 | SH | | SOLE | | 914,397 | 0 | 0 |
Vipshop Holdings, Ltd. - ADS | COM | 92763W103 | 426 | 2,270 | SH | | SOLE | | 1,635 | 0 | 635 |
WCI Communities, Inc. | COM | 92923C807 | 1,181 | 61,161 | SH | | SOLE | | 61,161 | 0 | 0 |
Walt Disney Company/The | COM | 254687106 | 3,598 | 41,968 | SH | | SOLE | | 37,598 | 0 | 4,370 |
Workday, Inc. - Class A | COM | 98138H101 | 3,605 | 40,120 | SH | | SOLE | | 34,890 | 0 | 5,230 |
Wynn Resorts, Ltd. | COM | 983134107 | 4,254 | 20,495 | SH | | SOLE | | 18,275 | 0 | 2,220 |
Yelp, Inc. | COM | 985817105 | 2,109 | 27,499 | SH | | SOLE | | 25,444 | 0 | 2,055 |
Youku Tudou, Inc. | COM | 98742U100 | 1,219 | 51,070 | SH | | SOLE | | 51,070 | 0 | 0 |