Stephen Mandel - Lone Pine Capital LLC

Stephen Mandel - Lone Pine Capital

Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    36
Portfolio value:    $12,543,849,391

Holdings Activity Buys Sells History

History	Stock	Activity ▼	Share change	% change to portfolio
	Q1 2026
☰	LPLA - LPL Financial Holdings Inc.	Reduce 1.20%	24,981	0.07
☰	COF - Capital One Financial	Reduce 1.21%	27,835	0.05
☰	CVNA - Carvana Co.	Reduce 1.38%	123,095	0.08
☰	BN - Brookfield Corp.	Reduce 29.61%	4,714,391	1.59
☰	MA - Mastercard Inc.	Reduce 40.62%	39,137	0.16
☰	BKNG - Booking Holdings Inc.	Reduce 48.06%	55,625	0.09
☰	BSX - Boston Scientific	Reduce 48.11%	97,048	0.07
☰	TSM - Taiwan Semiconductor S.A.	Reduce 54.48%	1,662,870	3.71
☰	VMC - Vulcan Materials	Reduce 91.44%	1,539,753	3.23
☰	APH - Amphenol Corp.	Reduce 92.06%	2,586,689	2.57
☰	KKR - KKR & Co. L.P.	Reduce 96.41%	4,821,777	4.51
☰	AVGO - Broadcom Inc.	Sell 100.00%	1,730,216	4.40
☰	MSFT - Microsoft Corp.	Sell 100.00%	1,234,125	4.38
☰	DASH - DoorDash Inc.	Sell 100.00%	2,529,879	4.21
☰	AMZN - Amazon.com Inc.	Sell 100.00%	2,414,520	4.09
☰	PM - Philip Morris Intl.	Sell 100.00%	2,643,579	3.12
☰	WING - Wingstop Inc	Sell 100.00%	1,595,258	2.80
☰	AFRM - Affirm Holdings Inc.	Sell 100.00%	3,817,170	2.09
	Q4 2025
☰	APH - Amphenol Corp.	Reduce 7.06%	213,458	0.19
☰	LPLA - LPL Financial Holdings Inc.	Reduce 8.01%	180,766	0.44
☰	COF - Capital One Financial	Reduce 10.69%	274,600	0.42
☰	AMZN - Amazon.com Inc.	Reduce 14.13%	397,408	0.63
☰	APP - Applovin Corp.	Reduce 29.63%	328,608	1.72
☰	PM - Philip Morris Intl.	Reduce 42.71%	1,970,864	2.33
☰	BKNG - Booking Holdings Inc.	Reduce 85.14%	663,025	1.04
☰	META - Meta Platforms Inc.	Sell 100.00%	1,322,260	7.07
☰	SBUX - Starbucks Corp.	Sell 100.00%	5,561,954	3.42
☰	EQT - EQT Corp.	Sell 100.00%	8,361,889	3.31
☰	FLUT - Flutter Entertainment Plc	Sell 100.00%	1,733,336	3.20
☰	SE - Sea Ltd	Sell 100.00%	1,869,501	2.43
☰	CIEN - Ciena Corp.	Sell 100.00%	2,006,662	2.13
☰	ETSY - Etsy Inc	Sell 100.00%	3,880,316	1.87
	Q3 2025
☰	FLUT - Flutter Entertainment Plc	Reduce 6.95%	129,428	0.27
☰	TSM - Taiwan Semiconductor S.A.	Reduce 11.16%	383,520	0.63
☰	APP - Applovin Corp.	Reduce 12.07%	152,196	0.39
☰	COF - Capital One Financial	Reduce 16.59%	511,142	0.79
☰	META - Meta Platforms Inc.	Reduce 20.59%	342,757	1.83
☰	KKR - KKR & Co. L.P.	Reduce 21.85%	1,141,208	1.10
☰	VST - Vistra Corp.	Reduce 27.37%	1,770,478	2.48
☰	MSFT - Microsoft Corp.	Reduce 34.84%	646,251	2.33
☰	AMZN - Amazon.com Inc.	Reduce 44.14%	2,221,628	3.53
☰	BKNG - Booking Holdings Inc.	Reduce 48.06%	720,525	1.21
☰	INTU - Intuit Inc.	Sell 100.00%	771,666	4.40
☰	UNH - United Health Group Inc.	Sell 100.00%	1,693,347	3.82
☰	CRM - Salesforce.com	Sell 100.00%	1,863,179	3.68
☰	ASML - ASML Holding NV	Sell 100.00%	566,862	3.29
☰	WIX - Wix.com Ltd.	Sell 100.00%	2,161,331	2.48
	Q2 2025
☰	ASML - ASML Holding NV	Reduce 2.67%	15,565	0.09
☰	COF - Capital One Financial	Reduce 3.01%	95,510	0.15
☰	META - Meta Platforms Inc.	Reduce 5.29%	93,045	0.47
☰	MSFT - Microsoft Corp.	Reduce 5.38%	105,472	0.35
☰	PM - Philip Morris Intl.	Reduce 8.34%	250,848	0.35
☰	TSM - Taiwan Semiconductor S.A.	Reduce 11.11%	429,461	0.62
☰	SBUX - Starbucks Corp.	Reduce 15.83%	1,045,934	0.90
☰	FLUT - Flutter Entertainment Plc	Reduce 16.09%	357,132	0.69
☰	APP - Applovin Corp.	Reduce 20.87%	332,594	0.77
☰	CVNA - Carvana Co.	Reduce 23.72%	2,744,385	1.01
☰	INTU - Intuit Inc.	Reduce 45.03%	632,136	3.40
☰	LLY - Eli Lilly & Co.	Sell 100.00%	551,827	3.99
☰	TOL - Toll Brothers	Sell 100.00%	3,800,580	3.52
☰	CDNS - Cadence Design Systems	Sell 100.00%	1,218,389	2.71
☰	ARES - Ares Management LP	Sell 100.00%	1,604,441	2.06
☰	WING - Wingstop Inc	Sell 100.00%	449,056	0.89
	Q1 2025
☰	COF - Capital One Financial	Reduce 1.84%	59,680	0.08
☰	ARES - Ares Management LP	Reduce 4.33%	72,602	0.10
☰	LPLA - LPL Financial Holdings Inc.	Reduce 8.26%	158,733	0.38
☰	META - Meta Platforms Inc.	Reduce 13.69%	278,868	1.21
☰	VST - Vistra Corp.	Reduce 13.98%	748,177	0.77
☰	LLY - Eli Lilly & Co.	Reduce 29.51%	231,033	1.33
☰	PM - Philip Morris Intl.	Reduce 53.49%	3,459,830	3.09
☰	PTC - Ptc Inc	Sell 100.00%	2,326,231	3.18
☰	SPOT - Spotify Technology S.A.	Sell 100.00%	913,564	3.04
☰	WDAY - Workday Inc.	Sell 100.00%	1,543,464	2.96
☰	CEG - Constellation Energy Corp.	Sell 100.00%	1,737,526	2.89
☰	HWM - Howmet Aerospace Inc	Sell 100.00%	3,061,707	2.49
☰	XYZ - Block Inc.	Sell 100.00%	3,765,793	2.38
☰	LEN - Lennar Corp.	Sell 100.00%	1,717,903	1.74
☰	BTDR - Bitdeer Technologies Group	Sell 100.00%	986,717	0.16
☰	HUT - Hut 8 Corp	Sell 100.00%	692,839	0.11
☰	CIFR - Cipher Mining Inc	Sell 100.00%	2,344,380	0.08
☰	WULF - Terawulf Inc	Sell 100.00%	1,480,928	0.06
☰	IREN - Iren Limited	Sell 100.00%	711,839	0.05
	Q4 2024
☰	MSFT - Microsoft Corp.	Reduce 0.97%	16,082	0.05
☰	WDAY - Workday Inc.	Reduce 3.80%	60,921	0.11
☰	PTC - Ptc Inc	Reduce 8.71%	221,968	0.30
☰	KKR - KKR & Co. L.P.	Reduce 10.49%	474,587	0.46
☰	TSM - Taiwan Semiconductor S.A.	Reduce 10.74%	452,417	0.59
☰	LPLA - LPL Financial Holdings Inc.	Reduce 11.81%	257,389	0.45
☰	ARES - Ares Management LP	Reduce 18.27%	374,773	0.44
☰	ASML - ASML Holding NV	Reduce 19.87%	109,547	0.68
☰	VST - Vistra Corp.	Reduce 21.35%	1,453,326	1.29
☰	BTDR - Bitdeer Technologies Group	Reduce 23.98%	311,248	0.02
☰	CEG - Constellation Energy Corp.	Reduce 27.43%	656,705	1.27
☰	AMZN - Amazon.com Inc.	Reduce 30.89%	1,693,233	2.35
☰	CRM - Salesforce.com	Reduce 33.05%	772,637	1.58
☰	SPOT - Spotify Technology S.A.	Reduce 41.16%	638,965	1.76
☰	LEN - Lennar Corp.	Reduce 41.32%	1,209,751	1.69
☰	HUT - Hut 8 Corp	Reduce 43.80%	539,913	0.05
☰	XYZ - Block Inc.	Reduce 50.91%	3,904,730	1.95
☰	WULF - Terawulf Inc	Reduce 51.73%	1,586,868	0.06
☰	APP - Applovin Corp.	Reduce 54.21%	1,284,753	1.25
☰	UNH - United Health Group Inc.	Sell 100.00%	821,880	3.58
☰	BKNG - Booking Holdings Inc.	Sell 100.00%	1,910,350	2.40
☰	GEV - Ge Vernova Inc	Sell 100.00%	1,156,011	2.20
	Q3 2024
☰	VST - Vistra Corp.	Reduce 0.46%	31,716	0.02
☰	ASML - ASML Holding NV	Reduce 6.22%	36,578	0.30
☰	SPOT - Spotify Technology S.A.	Reduce 7.99%	134,886	0.34
☰	UNH - United Health Group Inc.	Reduce 12.97%	122,437	0.51
☰	HWM - Howmet Aerospace Inc	Reduce 16.47%	603,614	0.38
☰	MSFT - Microsoft Corp.	Reduce 18.04%	364,426	1.32
☰	GEV - Ge Vernova Inc	Reduce 21.73%	320,997	0.45
☰	BKNG - Booking Holdings Inc.	Reduce 27.35%	719,075	0.92
☰	KKR - KKR & Co. L.P.	Reduce 29.17%	1,862,776	1.59
☰	TSM - Taiwan Semiconductor S.A.	Reduce 29.81%	1,789,337	2.52
☰	PM - Philip Morris Intl.	Reduce 32.84%	2,190,473	1.80
☰	APP - Applovin Corp.	Reduce 58.44%	3,332,572	2.25
☰	MA - Mastercard Inc.	Sell 100.00%	1,043,557	3.73
☰	BBWI - Bath & Body Works Inc	Sell 100.00%	11,315,515	3.58
☰	MCK - McKesson Corp.	Sell 100.00%	560,936	2.66
☰	AVDX - Avidxchange Holdings Inc	Sell 100.00%	5,078,341	0.50
	Q2 2024
☰	AVDX - Avidxchange Holdings Inc	Reduce 0.05%	2,291	0.00
☰	AMZN - Amazon.com Inc.	Reduce 1.01%	45,201	0.06
☰	TSM - Taiwan Semiconductor S.A.	Reduce 2.76%	170,326	0.18
☰	KKR - KKR & Co. L.P.	Reduce 8.68%	606,614	0.48
☰	PTC - Ptc Inc	Reduce 14.14%	419,759	0.63
☰	META - Meta Platforms Inc.	Reduce 34.77%	743,380	2.85
☰	CRM - Salesforce.com	Sell 100.00%	2,400,267	5.71
☰	WDAY - Workday Inc.	Sell 100.00%	1,414,824	3.05
☰	LYV - Live Nation Inc.	Sell 100.00%	3,217,551	2.69
☰	DKS - Dick's Sporting Goods Inc.	Sell 100.00%	1,198,897	2.13
☰	EPAM - Epam Sys Inc	Sell 100.00%	929,917	2.03
☰	IBN - ICICI Bank Ltd.	Sell 100.00%	9,642,665	2.01
	Q1 2024
☰	LYV - Live Nation Inc.	Reduce 3.82%	127,745	0.10
☰	CRM - Salesforce.com	Reduce 3.98%	99,363	0.23
☰	PTC - Ptc Inc	Reduce 6.27%	198,505	0.30
☰	BBWI - Bath & Body Works Inc	Reduce 6.52%	680,756	0.25
☰	LPLA - LPL Financial Holdings Inc.	Reduce 8.43%	155,044	0.31
☰	WDAY - Workday Inc.	Reduce 8.60%	133,046	0.32
☰	TSM - Taiwan Semiconductor S.A.	Reduce 11.16%	775,400	0.70
☰	AMZN - Amazon.com Inc.	Reduce 17.77%	971,308	1.28
☰	IBN - ICICI Bank Ltd.	Reduce 19.93%	2,399,598	0.49
☰	META - Meta Platforms Inc.	Reduce 25.61%	735,911	2.25
☰	BKNG - Booking Holdings Inc.	Reduce 31.61%	1,205,175	1.48
☰	MA - Mastercard Inc.	Reduce 38.19%	420,366	1.55
☰	DKS - Dick's Sporting Goods Inc.	Reduce 58.98%	1,724,013	2.19
☰	UNH - United Health Group Inc.	Sell 100.00%	891,167	4.06
☰	HDB - HDFC Bank Ltd.	Sell 100.00%	4,643,541	2.70
☰	BX - Blackstone Group	Sell 100.00%	2,219,023	2.51
☰	GE - GE Aerospace	Sell 100.00%	2,103,885	2.32
	Q4 2023
☰	KKR - KKR & Co. L.P.	Reduce 5.15%	338,318	0.20
☰	LYV - Live Nation Inc.	Reduce 9.91%	368,181	0.29
☰	TSM - Taiwan Semiconductor S.A.	Reduce 10.93%	852,228	0.71
☰	EPAM - Epam Sys Inc	Reduce 19.35%	203,969	0.50
☰	MA - Mastercard Inc.	Reduce 36.97%	645,552	2.47
☰	WDAY - Workday Inc.	Reduce 40.00%	1,031,749	2.14
☰	GOOGL - Alphabet Inc.	Sell 100.00%	3,113,001	3.93
☰	TDG - TransDigm Group Inc.	Sell 100.00%	436,740	3.55
☰	BILL - Bill Holdings Inc	Sell 100.00%	2,546,689	2.67
☰	SGI - Somnigroup International Inc.	Sell 100.00%	4,771,772	1.99
☰	FND - Floor & Decor Holdings	Sell 100.00%	2,160,808	1.89
	Q3 2023
☰	PTC - Ptc Inc	Reduce 0.03%	1,057	0.00
☰	LYV - Live Nation Inc.	Reduce 6.54%	259,785	0.22
☰	LPLA - LPL Financial Holdings Inc.	Reduce 8.13%	162,944	0.32
☰	DKS - Dick's Sporting Goods Inc.	Reduce 10.53%	343,888	0.42
☰	ASML - ASML Holding NV	Reduce 17.49%	80,653	0.54
☰	TDG - TransDigm Group Inc.	Reduce 25.09%	146,246	1.20
☰	MSFT - Microsoft Corp.	Reduce 27.59%	690,276	2.15
☰	BKNG - Booking Holdings Inc.	Reduce 29.02%	1,527,525	1.51
☰	FND - Floor & Decor Holdings	Reduce 42.49%	1,596,491	1.52
☰	BBWI - Bath & Body Works Inc	Reduce 46.77%	7,650,514	2.63
☰	RH - Rh	Sell 100.00%	1,773,069	5.36
☰	V - Visa Inc.	Sell 100.00%	1,241,941	2.70
☰	NVDA - NVIDIA Corp.	Sell 100.00%	641,649	2.49
☰	MRNA - Moderna Inc	Sell 100.00%	1,529,618	1.70
☰	SG - Sweetgreen Inc	Sell 100.00%	4,556,503	0.54
☰	MQ - Marqeta Inc	Sell 100.00%	4,902,192	0.22
☰	LNG - Cheniere Energy Inc	Sell 100.00%	8,338	0.01
	Q2 2023
☰	MSFT - Microsoft Corp.	Reduce 6.61%	177,147	0.47
☰	V - Visa Inc.	Reduce 16.25%	241,029	0.50
☰	BBWI - Bath & Body Works Inc	Reduce 16.40%	3,209,020	1.09
☰	TDG - TransDigm Group Inc.	Reduce 16.58%	115,862	0.79
☰	CRM - Salesforce.com	Reduce 16.72%	340,300	0.63
☰	TSM - Taiwan Semiconductor S.A.	Reduce 21.67%	1,773,563	1.53
☰	AMZN - Amazon.com Inc.	Reduce 25.88%	1,709,767	1.64
☰	DKS - Dick's Sporting Goods Inc.	Reduce 28.46%	1,299,678	1.71
☰	WDAY - Workday Inc.	Reduce 39.54%	1,687,141	3.23
☰	AMD - Advanced Micro Devices	Sell 100.00%	2,833,633	2.57
☰	VAL - Valaris plc	Sell 100.00%	1,912,363	1.15
	Q1 2023
☰	BBWI - Bath & Body Works Inc	Reduce 5.16%	1,064,296	0.43
☰	BKNG - Booking Holdings Inc.	Reduce 7.16%	394,375	0.30
☰	LPLA - LPL Financial Holdings Inc.	Reduce 7.36%	147,681	0.30
☰	WDAY - Workday Inc.	Reduce 8.64%	403,642	0.64
☰	DKS - Dick's Sporting Goods Inc.	Reduce 8.96%	449,128	0.52
☰	TDG - TransDigm Group Inc.	Reduce 9.91%	76,842	0.46
☰	UNH - United Health Group Inc.	Reduce 16.21%	172,433	0.87
☰	TSM - Taiwan Semiconductor S.A.	Reduce 21.24%	2,207,470	1.57
☰	MA - Mastercard Inc.	Reduce 22.11%	297,703	0.99
☰	MSFT - Microsoft Corp.	Reduce 23.35%	816,043	1.87
☰	AMD - Advanced Micro Devices	Reduce 27.53%	1,076,635	0.67
☰	V - Visa Inc.	Reduce 28.83%	600,777	1.19
☰	AMZN - Amazon.com Inc.	Reduce 31.50%	3,037,286	2.43
☰	MQ - Marqeta Inc	Reduce 70.49%	11,707,634	0.68
☰	TMO - Thermo Fisher Scientific	Sell 100.00%	587,696	3.09
☰	FCNCA - First Citizens Bancshares	Sell 100.00%	175,642	1.27
☰	EFX - Equifax Inc.	Sell 100.00%	7,278	0.01
	Q4 2022
☰	V - Visa Inc.	Reduce 3.58%	77,281	0.13
☰	WDAY - Workday Inc.	Reduce 6.95%	348,788	0.50
☰	MA - Mastercard Inc.	Reduce 12.83%	198,200	0.53
☰	BKNG - Booking Holdings Inc.	Reduce 13.09%	829,875	0.51
☰	LNG - Cheniere Energy Inc	Reduce 20.20%	2,110	0.00
☰	TMO - Thermo Fisher Scientific	Reduce 33.62%	297,630	1.42
☰	EPAM - Epam Sys Inc	Reduce 51.50%	640,184	2.18
☰	PYPL - PayPal Holdings Inc.	Sell 100.00%	8,294,340	6.73
☰	ADSK - Autodesk Inc.	Sell 100.00%	2,221,479	3.91
☰	META - Meta Platforms Inc.	Sell 100.00%	2,913,821	3.73
☰	EQT - EQT Corp.	Sell 100.00%	5,935,782	2.28
☰	EXE - Expand Energy Corp.	Sell 100.00%	15,740	0.01
☰	XYZ - Block Inc.	Sell 100.00%	23,787	0.01
	Q3 2022
☰	EPAM - Epam Sys Inc	Reduce 1.87%	23,639	0.07
☰	TMO - Thermo Fisher Scientific	Reduce 5.04%	46,966	0.24
☰	EQT - EQT Corp.	Reduce 6.55%	416,364	0.14
☰	BBWI - Bath & Body Works Inc	Reduce 7.16%	1,591,482	0.40
☰	LPLA - LPL Financial Holdings Inc.	Reduce 13.49%	308,789	0.54
☰	MSFT - Microsoft Corp.	Reduce 18.65%	649,401	1.57
☰	AMZN - Amazon.com Inc.	Reduce 25.52%	2,290,627	2.29
☰	FCNCA - First Citizens Bancshares	Reduce 29.55%	27,081	0.17
☰	META - Meta Platforms Inc.	Reduce 41.84%	2,095,810	3.19
☰	NOW - ServiceNow Inc.	Sell 100.00%	1,292,399	5.79
☰	GOOGL - Alphabet Inc.	Sell 100.00%	171,991	3.53
☰	59A - Atlassian Corp Plc	Sell 100.00%	1,619,172	2.86
☰	FICO - Fair Isaac Corp.	Sell 100.00%	42,616	0.16
☰	VTEX - Vtex	Sell 100.00%	5,274,887	0.15
☰	SHOP - Shopify Inc.	Sell 100.00%	25,000	0.01
	Q2 2022
☰	WDAY - Workday Inc.	Reduce 2.02%	103,322	0.15
☰	UNH - United Health Group Inc.	Reduce 7.54%	65,266	0.20
☰	MSFT - Microsoft Corp.	Reduce 30.33%	1,515,416	2.78
☰	NOW - ServiceNow Inc.	Reduce 34.70%	686,749	2.28
☰	MA - Mastercard Inc.	Reduce 36.14%	874,248	1.86
☰	V - Visa Inc.	Reduce 37.22%	1,281,353	1.69
☰	SHOP - Shopify Inc.	Reduce 97.58%	1,009,303	4.06
☰	XYZ - Block Inc.	Reduce 99.20%	2,960,328	2.39
☰	MTCH - Match Group Inc.	Sell 100.00%	6,201,440	4.01
☰	SNAP - Snap Inc.	Sell 100.00%	18,461,748	3.95
☰	DASH - DoorDash Inc.	Sell 100.00%	4,554,779	3.18
☰	DDOG - Datadog Inc	Sell 100.00%	2,965,288	2.67
☰	VSXY - Victoria's Secret & Co.	Sell 100.00%	7,396,702	2.26
☰	BILL - Bill Com Hldgs Inc	Sell 100.00%	1,365,353	1.84
☰	FTCHQ - Farfetch Ltd	Sell 100.00%	17,201,243	1.55
☰	HUBS - Hubspot Inc	Sell 100.00%	446,951	1.26
	Q1 2022
☰	NOW - ServiceNow Inc.	Reduce 1.32%	26,438	0.07
☰	MQ - Marqeta Inc	Reduce 4.96%	866,969	0.06
☰	BBWI - Bath & Body Works Inc	Reduce 8.55%	2,078,555	0.59
☰	DDOG - Datadog Inc	Reduce 9.39%	307,393	0.22
☰	VSXY - Victoria's Secret & Co.	Reduce 9.75%	799,108	0.18
☰	WDAY - Workday Inc.	Reduce 11.90%	692,155	0.77
☰	SHOP - Shopify Inc.	Reduce 25.57%	355,332	2.00
☰	AMZN - Amazon.com Inc.	Reduce 27.79%	3,430,460	2.34
☰	V - Visa Inc.	Reduce 28.78%	1,391,244	1.23
☰	FTCHQ - Farfetch Ltd	Reduce 29.62%	7,238,690	0.99
☰	MTCH - Match Group Inc.	Reduce 30.10%	2,670,840	1.45
☰	DASH - DoorDash Inc.	Reduce 44.80%	3,697,290	2.25
☰	SNAP - Snap Inc.	Reduce 44.86%	15,016,889	2.89
☰	MA - Mastercard Inc.	Reduce 49.84%	2,403,636	3.54
☰	UNH - United Health Group Inc.	Reduce 62.30%	1,430,509	2.94
☰	BEKE - KE Holdings Inc.	Sell 100.00%	30,957,063	2.55
☰	ADBE - Adobe Inc.	Sell 100.00%	1,093,713	2.54
☰	SNOW - Snowflake Inc.	Sell 100.00%	1,646,640	2.29
☰	NTES - NetEase.com Inc.	Sell 100.00%	4,452,541	1.86
☰	CFLT - Confluent Inc	Sell 100.00%	4,398,572	1.37
☰	PVH - PVH Corp.	Sell 100.00%	3,065,646	1.34
☰	AMPL - Amplitude Inc	Sell 100.00%	1,877,000	0.41
☰	FRSH - Freshworks Inc	Sell 100.00%	275,000	0.03
	Q4 2021
☰	SHOP - Shopify Inc.	Reduce 2.83%	40,500	0.18
☰	VSXY - Victoria's Secret & Co.	Reduce 4.81%	413,733	0.08
☰	PVH - PVH Corp.	Reduce 7.03%	231,963	0.08
☰	NOW - ServiceNow Inc.	Reduce 8.59%	188,355	0.39
☰	UNH - United Health Group Inc.	Reduce 23.62%	709,903	0.94
☰	DDOG - Datadog Inc	Reduce 29.57%	1,374,036	0.65
☰	ADBE - Adobe Inc.	Reduce 44.06%	861,474	1.67
☰	XYZ - Block Inc.	Reduce 94.85%	5,103,492	4.13
☰	TWTR - Twitter Inc	Sell 100.00%	21,533,828	4.38
☰	MRNA - Moderna Inc	Sell 100.00%	3,316,199	4.30
☰	META - Meta Platforms Inc.	Sell 100.00%	3,074,926	3.52
☰	COUP - Coupa Software Inc	Sell 100.00%	4,566,251	3.37
☰	DXCM - DexCom, Inc.	Sell 100.00%	1,441,227	2.66
☰	IBN - ICICI Bank Ltd.	Sell 100.00%	39,750,227	2.53
☰	CVNA - Carvana Co.	Sell 100.00%	10,711,545	2.18
☰	BILI - Bilibili Inc	Sell 100.00%	8,612,782	1.92
☰	STNE - Stoneco Ltd	Sell 100.00%	15,093,113	1.77
☰	TDG - TransDigm Group Inc.	Sell 100.00%	784,342	1.65
☰	ASND - Ascendis Pharma	Sell 100.00%	1,436,981	0.77
☰	FATE - Fate Therapeutics Inc	Sell 100.00%	2,199,284	0.44
☰	FIGS - FIGS Inc.	Sell 100.00%	2,485,894	0.31
☰	ZYME - Zymeworks Inc	Sell 100.00%	976,735	0.10
☰	FMTX - Forma Therapeutics Hldgs Inc	Sell 100.00%	800,000	0.06
	Q3 2021
☰	SNAP - Snap Inc.	Reduce 1.32%	303,625	0.07
☰	COUP - Coupa Software Inc	Reduce 2.21%	103,386	0.09
☰	XYZ - Block Inc.	Reduce 5.85%	334,407	0.26
☰	IBN - ICICI Bank Ltd.	Reduce 7.89%	3,405,599	0.19
☰	MSFT - Microsoft Corp.	Reduce 11.01%	581,000	0.51
☰	NOW - ServiceNow Inc.	Reduce 11.13%	274,857	0.49
☰	SHOP - Shopify Inc.	Reduce 12.40%	202,415	0.95
☰	MRNA - Moderna Inc	Reduce 16.91%	674,698	0.51
☰	ADBE - Adobe Inc.	Reduce 19.11%	461,765	0.87
☰	DDOG - Datadog Inc	Reduce 20.32%	1,184,668	0.40
☰	DXCM - DexCom, Inc.	Reduce 22.86%	427,060	0.59
☰	AMZN - Amazon.com Inc.	Reduce 25.50%	2,472,580	1.37
☰	META - Meta Platforms Inc.	Reduce 38.33%	1,910,783	2.14
☰	FIGS - FIGS Inc.	Reduce 41.84%	1,788,683	0.29
☰	LB - L Brands Inc	Sell 100.00%	26,265,094	6.10
☰	GPN - Global Payments Inc.	Sell 100.00%	5,542,294	3.35
☰	MA - Mastercard Inc.	Sell 100.00%	1,803,798	2.12
☰	S - Sentinelone Inc	Sell 100.00%	175,000	0.02
	Q2 2021
☰	SNAP - Snap Inc.	Reduce 4.47%	1,073,292	0.20
☰	UNH - United Health Group Inc.	Reduce 4.47%	140,584	0.19
☰	SHOP - Shopify Inc.	Reduce 4.67%	79,940	0.32
☰	ADBE - Adobe Inc.	Reduce 7.83%	205,454	0.35
☰	DDOG - Datadog Inc	Reduce 10.86%	710,581	0.22
☰	CVNA - Carvana Co.	Reduce 11.04%	1,329,500	0.25
☰	MA - Mastercard Inc.	Reduce 11.22%	227,935	0.30
☰	META - Meta Platforms Inc.	Reduce 11.95%	676,650	0.72
☰	DXCM - DexCom, Inc.	Reduce 21.27%	504,861	0.66
☰	MSFT - Microsoft Corp.	Reduce 32.58%	2,549,125	2.18
☰	MELI - Mercadolibre Inc.	Sell 100.00%	715,152	3.82
☰	NFLX - Netflix Inc.	Sell 100.00%	1,828,120	3.46
☰	59A - Atlassian Corp Plc	Sell 100.00%	2,974,571	2.28
☰	BILI - Bilibili Inc	Sell 100.00%	4,200,332	1.63
☰	BILL - Bill Com Hldgs Inc	Sell 100.00%	2,820,713	1.49
☰	NUAN - Nuance Communications Inc	Sell 100.00%	9,009,792	1.43
☰	SNOW - Snowflake Inc.	Sell 100.00%	1,267,426	1.06
☰	BPMC - Blueprint Medicines Corp	Sell 100.00%	2,709,138	0.96
☰	ARGX - Argenx Se	Sell 100.00%	546,259	0.55
☰	PODD - Insulet Corp	Sell 100.00%	380,690	0.36
☰	MDB - MongoDB Inc.	Sell 100.00%	131,371	0.13
☰	XM - Qualtrics Intl Inc	Sell 100.00%	650,000	0.08
	Q1 2021
☰	UNH - United Health Group Inc.	Reduce 1.05%	33,446	0.04
☰	COUP - Coupa Software Inc	Reduce 1.63%	68,793	0.08
☰	CVNA - Carvana Co.	Reduce 1.64%	200,280	0.03
☰	SHOP - Shopify Inc.	Reduce 4.61%	82,800	0.34
☰	DDOG - Datadog Inc	Reduce 7.73%	548,135	0.20
☰	59A - Atlassian Corp Plc	Reduce 13.10%	448,548	0.38
☰	XYZ - Block Inc.	Reduce 25.11%	1,054,279	0.83
☰	MA - Mastercard Inc.	Reduce 25.29%	687,664	0.89
☰	NFLX - Netflix Inc.	Reduce 25.45%	624,000	1.23
☰	BILI - Bilibili Inc	Reduce 30.04%	1,803,795	0.56
☰	GPN - Global Payments Inc.	Reduce 32.94%	2,085,724	1.63
☰	MDB - MongoDB Inc.	Reduce 85.07%	748,461	0.98
☰	DOCU - DocuSign Inc.	Sell 100.00%	4,056,072	3.28
☰	ADSK - Autodesk Inc.	Sell 100.00%	2,212,480	2.46
☰	HUM - Humana Inc.	Sell 100.00%	1,508,296	2.25
☰	FIS - Fidelity National Information Services, Inc.	Sell 100.00%	2,799,907	1.44
☰	HWM - Howmet Aerospace Inc	Sell 100.00%	7,527,593	0.78
☰	FOLD - Amicus Therapeutics Inc	Sell 100.00%	6,678,788	0.56
☰	XP - XP Inc.	Sell 100.00%	80,569	0.01
	Q4 2020
☰	GPN - Global Payments Inc.	Reduce 1.00%	64,006	0.05
☰	DOCU - DocuSign Inc.	Reduce 1.92%	79,281	0.07
☰	MSFT - Microsoft Corp.	Reduce 1.99%	127,999	0.12
☰	COUP - Coupa Software Inc	Reduce 2.51%	108,563	0.13
☰	HWM - Howmet Aerospace Inc	Reduce 4.58%	361,000	0.03
☰	UNH - United Health Group Inc.	Reduce 19.42%	766,411	1.03
☰	XYZ - Block Inc.	Reduce 21.77%	1,168,709	0.82
☰	STNE - Stoneco Ltd	Reduce 23.24%	1,927,756	0.44
☰	AMZN - Amazon.com Inc.	Reduce 23.77%	1,603,640	1.08
☰	ADSK - Autodesk Inc.	Reduce 24.43%	715,191	0.71
☰	HUM - Humana Inc.	Reduce 30.62%	665,548	1.18
☰	NOW - ServiceNow Inc.	Reduce 31.64%	560,315	1.17
☰	MTCH - Match Group Inc.	Reduce 32.76%	2,566,448	1.22
☰	META - Meta Platforms Inc.	Reduce 38.87%	2,273,976	2.56
☰	SNOW - Snowflake Inc.	Reduce 69.86%	700,000	0.75
☰	PYPL - PayPal Holdings Inc.	Sell 100.00%	6,000,915	5.08
☰	COF - Capital One Financial	Sell 100.00%	10,278,292	3.17
☰	TDG - TransDigm Group Inc.	Sell 100.00%	754,410	1.54
☰	PODD - Insulet Corp	Sell 100.00%	462,209	0.47
☰	BKNG - Booking Holdings Inc.	Sell 100.00%	1,473,000	0.43
☰	BEKE - KE Holdings Inc.	Sell 100.00%	1,000,000	0.26
	Q3 2020
☰	NOW - ServiceNow Inc.	Reduce 1.01%	18,134	0.04
☰	DDOG - Datadog Inc	Reduce 4.16%	283,973	0.13
☰	ADBE - Adobe Inc.	Reduce 7.10%	129,100	0.29
☰	HUM - Humana Inc.	Reduce 10.32%	250,180	0.50
☰	PYPL - PayPal Holdings Inc.	Reduce 18.66%	1,376,428	1.23
☰	MA - Mastercard Inc.	Reduce 19.99%	440,700	0.67
☰	AMZN - Amazon.com Inc.	Reduce 26.28%	2,404,660	1.70
☰	TDG - TransDigm Group Inc.	Reduce 56.91%	996,298	2.26
☰	BKNG - Booking Holdings Inc.	Reduce 90.12%	13,430,325	4.40
☰	CRM - Salesforce.com	Sell 100.00%	3,045,252	2.93
☰	4MG - Match Group Inc	Sell 100.00%	4,623,794	2.54
☰	V - Visa Inc.	Sell 100.00%	2,411,124	2.39
☰	DAY - Ceridian Hcm Hldg Inc	Sell 100.00%	5,758,477	2.34
☰	ZM - Zoom Video Communications In	Sell 100.00%	1,687,453	2.20
☰	CVNA - Carvana Co.	Sell 100.00%	4,248,325	0.52
☰	DFS - Discover Finl Svcs	Sell 100.00%	2,035,812	0.52
	Q2 2020
☰	GPN - Global Payments Inc.	Reduce 3.33%	165,056	0.15
☰	MA - Mastercard Inc.	Reduce 4.64%	107,200	0.16
☰	AMZN - Amazon.com Inc.	Reduce 21.52%	2,508,600	1.53
☰	V - Visa Inc.	Reduce 27.59%	918,851	0.93
☰	ADBE - Adobe Inc.	Reduce 31.46%	834,737	1.67
☰	4MG - Match Group Inc	Reduce 32.46%	2,221,940	0.92
☰	NFLX - Netflix Inc.	Reduce 33.39%	805,136	1.90
☰	UNH - United Health Group Inc.	Reduce 34.46%	1,589,932	2.49
☰	ADSK - Autodesk Inc.	Reduce 48.01%	1,931,517	1.89
☰	HWM - Howmet Aerospace Inc	Reduce 61.82%	12,771,580	1.29
☰	CVNA - Carvana Co.	Reduce 83.34%	21,252,550	1.47
☰	BABA - Alibaba Group Holdings	Sell 100.00%	6,336,587	7.73
☰	EFX - Equifax Inc.	Sell 100.00%	3,171,575	2.38
☰	LKNCY - Luckin Coffee Inc	Sell 100.00%	13,522,973	2.31
☰	XYZ - Block Inc.	Sell 100.00%	6,698,049	2.20
☰	HLT - Hilton Worldwide Holdings	Sell 100.00%	2,952,652	1.26
☰	59A - Atlassian Corp Plc	Sell 100.00%	1,388,586	1.20
☰	UAA - Under Armour Inc.	Sell 100.00%	17,431,613	1.01
☰	HNIB - Iac Interactivecorp	Sell 100.00%	812,017	0.91
☰	LYV - Live Nation Inc.	Sell 100.00%	3,046,095	0.87
☰	HUBS - Hubspot Inc	Sell 100.00%	776,490	0.65
☰	CDNS - Cadence Design Systems	Sell 100.00%	1,288,594	0.53
☰	UA - Under Armour CL C	Sell 100.00%	9,890,481	0.50
☰	PLAN - Anaplan Inc	Sell 100.00%	2,200,000	0.42
☰	CHWY - Chewy, Inc.	Sell 100.00%	1,299,749	0.31
☰	MDLA - Medallia Inc	Sell 100.00%	1,853,183	0.23
☰	SE - Sea Ltd	Sell 100.00%	27,000	0.01
	Q1 2020
☰	MA - Mastercard Inc.	Reduce 3.13%	74,625	0.12
☰	NFLX - Netflix Inc.	Reduce 3.28%	81,789	0.15
☰	ADBE - Adobe Inc.	Reduce 6.81%	193,847	0.35
☰	SHOP - Shopify Inc.	Reduce 7.86%	142,519	0.31
☰	EFX - Equifax Inc.	Reduce 8.03%	276,738	0.21
☰	COUP - Coupa Software Inc	Reduce 9.09%	212,472	0.17
☰	NOW - ServiceNow Inc.	Reduce 11.27%	173,801	0.27
☰	XYZ - Block Inc.	Reduce 23.87%	2,100,577	0.72
☰	TDG - TransDigm Group Inc.	Reduce 38.14%	478,475	1.47
☰	59A - Atlassian Corp Plc	Reduce 50.40%	1,411,174	0.93
☰	CHWY - Chewy, Inc.	Reduce 74.37%	3,771,782	0.60
☰	SE - Sea Ltd	Reduce 99.56%	6,138,422	1.35
☰	CRM - Salesforce.com	Sell 100.00%	4,140,694	3.70
☰	UNP - Union Pacific	Sell 100.00%	3,230,202	3.21
☰	MELI - Mercadolibre Inc.	Sell 100.00%	970,749	3.05
☰	DPZ - Dominos Pizza Inc.	Sell 100.00%	1,731,133	2.80
☰	IQV - IQVIA Holdings Inc.	Sell 100.00%	3,082,174	2.62
☰	DXCM - DexCom, Inc.	Sell 100.00%	1,058,895	1.27
☰	HLF - Herbalife Nutrition Ltd.	Sell 100.00%	3,892,688	1.02
☰	MO - Altria Group Inc.	Sell 100.00%	3,536,654	0.97
☰	ILMN - Illumina Inc.	Sell 100.00%	519,808	0.95
☰	UBER - Uber Technologies Inc.	Sell 100.00%	3,084,950	0.50
☰	XP - XP Inc.	Sell 100.00%	1,200,000	0.25
☰	CSX - CSX Corp.	Sell 100.00%	12,000	0.00
	Q4 2019
☰	TDG - TransDigm Group Inc.	Reduce 2.31%	29,630	0.09
☰	UNH - United Health Group Inc.	Reduce 6.31%	285,800	0.37
☰	HUM - Humana Inc.	Reduce 7.30%	115,968	0.18
☰	NOW - ServiceNow Inc.	Reduce 9.15%	155,336	0.24
☰	SE - Sea Ltd	Reduce 10.15%	696,800	0.13
☰	GPN - Global Payments Inc.	Reduce 11.22%	410,162	0.39
☰	IQV - IQVIA Holdings Inc.	Reduce 13.16%	467,035	0.42
☰	BABA - Alibaba Group Holdings	Reduce 14.44%	1,052,776	1.06
☰	MSFT - Microsoft Corp.	Reduce 16.35%	990,500	0.83
☰	AMZN - Amazon.com Inc.	Reduce 17.12%	2,129,500	1.11
☰	CRM - Salesforce.com	Reduce 18.89%	964,066	0.86
☰	ADBE - Adobe Inc.	Reduce 19.88%	706,341	1.18
☰	DPZ - Dominos Pizza Inc.	Reduce 20.51%	446,609	0.66
☰	ADSK - Autodesk Inc.	Reduce 27.06%	1,219,603	1.09
☰	ATVI - Activision Blizzard Inc	Sell 100.00%	11,244,387	3.59
☰	TIF - Tiffany & Co New	Sell 100.00%	6,381,880	3.57
☰	SPGI - S&P Global Inc.	Sell 100.00%	1,724,511	2.55
☰	BKNG - Booking Holdings Inc.	Sell 100.00%	5,281,425	2.50
☰	WWE - World Wrestling Entmt Inc	Sell 100.00%	2,959,183	1.27
☰	DHI - D.R. Horton	Sell 100.00%	3,333,812	1.06
☰	SMAR - Smartsheet Inc	Sell 100.00%	506,100	0.11
☰	TWLO - Twilio Inc.	Sell 100.00%	15,835	0.01
	Q3 2019
☰	TIF - Tiffany & Co New	Reduce 2.86%	188,122	0.11
☰	MA - Mastercard Inc.	Reduce 3.81%	63,700	0.11
☰	ADBE - Adobe Inc.	Reduce 5.08%	190,300	0.36
☰	SHOP - Shopify Inc.	Reduce 8.36%	125,600	0.24
☰	SPGI - S&P Global Inc.	Reduce 10.67%	206,000	0.30
☰	MSFT - Microsoft Corp.	Reduce 17.94%	1,324,962	1.15
☰	TDG - TransDigm Group Inc.	Reduce 19.01%	301,446	0.94
☰	BKNG - Booking Holdings Inc.	Reduce 34.27%	2,753,475	1.34
☰	META - Meta Platforms Inc.	Reduce 35.10%	1,053,748	1.32
☰	IQV - IQVIA Holdings Inc.	Reduce 42.62%	2,636,698	2.75
☰	UNP - Union Pacific	Reduce 47.88%	2,361,120	2.59
☰	DHI - D.R. Horton	Reduce 73.18%	9,096,601	2.54
☰	WYNN - Wynn Resorts Ltd	Sell 100.00%	5,406,697	4.34
☰	STNE - Stoneco Ltd	Sell 100.00%	2,528,303	0.48
	Q2 2019
☰	TIF - Tiffany & Co New	Reduce 3.04%	206,000	0.13
☰	TDG - TransDigm Group Inc.	Reduce 4.56%	75,749	0.21
☰	WYNN - Wynn Resorts Ltd	Reduce 9.22%	548,800	0.40
☰	SE - Sea Ltd	Reduce 15.55%	1,129,100	0.16
☰	ADBE - Adobe Inc.	Reduce 17.32%	784,261	1.27
☰	MSFT - Microsoft Corp.	Reduce 18.27%	1,650,520	1.18
☰	IQV - IQVIA Holdings Inc.	Reduce 19.75%	1,522,232	1.33
☰	NOW - ServiceNow Inc.	Reduce 23.12%	394,369	0.59
☰	AMZN - Amazon.com Inc.	Reduce 28.41%	3,703,000	2.01
☰	MELI - Mercadolibre Inc.	Reduce 28.60%	190,833	0.59
☰	SPGI - S&P Global Inc.	Reduce 37.55%	1,160,850	1.49
☰	META - Meta Platforms Inc.	Reduce 37.98%	1,838,547	1.86
☰	MA - Mastercard Inc.	Reduce 40.14%	1,120,530	1.61
☰	STZ - Constellation Brands	Sell 100.00%	4,932,455	5.26
☰	CSX - CSX Corp.	Sell 100.00%	7,998,686	3.64
☰	GOOG - Alphabet Inc. CL C	Sell 100.00%	444,419	3.17
☰	TRU - TransUnion	Sell 100.00%	6,435,350	2.62
	Q1 2019
☰	STZ - Constellation Brands	Reduce 4.41%	227,699	0.26
☰	MA - Mastercard Inc.	Reduce 5.20%	153,100	0.20
☰	BKNG - Booking Holdings Inc.	Reduce 9.08%	802,500	0.39
☰	BABA - Alibaba Group Holdings	Reduce 9.18%	570,000	0.55
☰	ADSK - Autodesk Inc.	Reduce 10.33%	396,107	0.36
☰	MSFT - Microsoft Corp.	Reduce 10.52%	1,062,033	0.76
☰	ADBE - Adobe Inc.	Reduce 11.69%	599,600	0.96
☰	AMZN - Amazon.com Inc.	Reduce 12.13%	1,800,000	0.96
☰	CSX - CSX Corp.	Reduce 17.07%	1,646,789	0.72
☰	META - Meta Platforms Inc.	Reduce 27.42%	1,829,084	1.69
☰	STNE - Stoneco Ltd	Reduce 33.31%	1,038,172	0.14
☰	NOW - ServiceNow Inc.	Reduce 35.43%	936,223	1.18
☰	TRU - TransUnion	Reduce 36.44%	3,689,421	1.48
☰	ATVI - Activision Blizzard Inc	Sell 100.00%	15,671,412	5.16
☰	PYPL - PayPal Holdings Inc.	Sell 100.00%	5,762,509	3.42
☰	NIO - Nio Inc	Sell 100.00%	3,736,290	0.14
	Q4 2018
☰	ATVI - Activision Blizzard Inc	Reduce 2.90%	467,276	0.21
☰	PYPL - PayPal Holdings Inc.	Reduce 3.35%	200,000	0.09
☰	ADBE - Adobe Inc.	Reduce 5.47%	296,972	0.43
☰	IQV - IQVIA Holdings Inc.	Reduce 8.27%	695,300	0.48
☰	TDG - TransDigm Group Inc.	Reduce 13.65%	240,593	0.48
☰	NOW - ServiceNow Inc.	Reduce 16.56%	524,520	0.55
☰	MSFT - Microsoft Corp.	Reduce 26.50%	3,640,407	2.24
☰	BABA - Alibaba Group Holdings	Reduce 36.19%	3,521,835	3.12
☰	MELI - Mercadolibre Inc.	Reduce 74.75%	1,334,475	2.44
☰	GOOG - Alphabet Inc. CL C	Sell 100.00%	891,299	5.72
☰	EA - Electronic Arts Inc	Sell 100.00%	7,855,868	5.09
☰	NVDA - NVIDIA Corp.	Sell 100.00%	2,235,268	3.38
☰	FDC - First Data Corp New	Sell 100.00%	21,911,495	2.88
☰	UNP - Union Pacific	Sell 100.00%	3,224,826	2.82
☰	FLT - Fleetcor Technologies Inc	Sell 100.00%	504,075	0.62
	Q3 2018
☰	TRU - TransUnion	Reduce 3.07%	310,600	0.12
☰	PYPL - PayPal Holdings Inc.	Reduce 5.67%	358,172	0.16
☰	IQV - IQVIA Holdings Inc.	Reduce 16.96%	1,716,683	0.93
☰	MELI - Mercadolibre Inc.	Reduce 17.83%	387,272	0.63
☰	AMZN - Amazon.com Inc.	Reduce 17.87%	1,517,800	0.70
☰	UNH - United Health Group Inc.	Reduce 26.78%	1,103,754	1.47
☰	CSX - CSX Corp.	Reduce 28.51%	3,761,760	1.31
☰	FLT - Fleetcor Technologies Inc	Reduce 50.24%	508,921	0.58
☰	BKNG - Booking Holdings Inc.	Sell 100.00%	13,276,500	5.86
☰	DLTR - Dollar Tree Inc.	Sell 100.00%	7,233,575	3.34
☰	SBAC - SBA Communications Corp.	Sell 100.00%	3,508,194	3.15
☰	XYZ - Block Inc.	Sell 100.00%	2,694,573	0.90
☰	MHK - Mohawk Industries	Sell 100.00%	477,072	0.56
☰	PAGS - PagSeguro Digital Ltd.	Sell 100.00%	3,189,119	0.48
	Q2 2018
☰	CSX - CSX Corp.	Reduce 1.33%	178,072	0.05
☰	ATVI - Activision Blizzard Inc	Reduce 2.05%	298,316	0.10
☰	UNH - United Health Group Inc.	Reduce 3.13%	133,000	0.14
☰	EA - Electronic Arts Inc	Reduce 11.50%	820,596	0.50
☰	FLT - Fleetcor Technologies Inc	Reduce 12.04%	138,597	0.14
☰	TRU - TransUnion	Reduce 13.73%	1,611,666	0.46
☰	STZ - Constellation Brands	Reduce 20.03%	971,254	1.12
☰	ADBE - Adobe Inc.	Reduce 21.12%	1,192,966	1.31
☰	AMZN - Amazon.com Inc.	Reduce 26.50%	3,061,840	1.12
☰	PYPL - PayPal Holdings Inc.	Reduce 40.71%	4,339,053	1.67
☰	META - Meta Platforms Inc.	Reduce 55.79%	4,296,692	3.48
☰	BRX - Brixmor Property Group Inc.	Sell 100.00%	2,737,741	3.27
☰	TSM - Taiwan Semiconductor S.A.	Sell 100.00%	12,349,027	2.74
☰	BLK - BlackRock Inc.	Sell 100.00%	918,870	2.52
☰	TMUS - T-Mobile US Inc.	Sell 100.00%	3,486,629	1.08
☰	EXAS - Exact Sciences Corp	Sell 100.00%	1,298,001	0.27
	Q1 2018
☰	STZ - Constellation Brands	Reduce 0.41%	20,019	0.02
☰	EA - Electronic Arts Inc	Reduce 2.33%	170,168	0.09
☰	ADBE - Adobe Inc.	Reduce 2.44%	141,200	0.13
☰	BABA - Alibaba Group Holdings	Reduce 5.76%	365,816	0.33
☰	ATVI - Activision Blizzard Inc	Reduce 15.05%	2,578,546	0.85
☰	BLK - BlackRock Inc.	Reduce 16.76%	185,000	0.50
☰	AMZN - Amazon.com Inc.	Reduce 24.96%	3,844,000	1.17
☰	NOW - ServiceNow Inc.	Reduce 34.96%	1,439,075	0.98
☰	PCLN - Priceline Grp Inc	Sell 100.00%	551,928	5.01
☰	BUD - Anheuser-Busch InBev	Sell 100.00%	5,254,307	3.06
☰	CHTR - Charter Communications	Sell 100.00%	1,727,722	3.03
☰	EQIX - Equinix Inc.	Sell 100.00%	1,122,529	2.66
☰	MA - Mastercard Inc.	Sell 100.00%	3,362,667	2.66
☰	CRM - Salesforce.com	Sell 100.00%	4,864,570	2.60
☰	TV - Grupo Televisa, S.A.B.	Sell 100.00%	20,091,736	1.96
☰	A - Agilent Technologies	Sell 100.00%	3,607,622	1.26
☰	VXXEUR - Barclays Bk Plc	Sell 100.00%	250,000	0.04
	Q4 2017
☰	TV - Grupo Televisa, S.A.B.	Reduce 3.61%	751,731	0.10
☰	MELI - Mercadolibre Inc.	Reduce 5.71%	93,039	0.13
☰	EQIX - Equinix Inc.	Reduce 11.87%	151,123	0.35
☰	META - Meta Platforms Inc.	Reduce 12.56%	631,809	0.56
☰	ATVI - Activision Blizzard Inc	Reduce 13.63%	2,704,966	0.91
☰	TRU - TransUnion	Reduce 14.36%	1,773,209	0.44
☰	MSFT - Microsoft Corp.	Reduce 15.40%	1,745,076	0.68
☰	UNH - United Health Group Inc.	Reduce 17.29%	761,163	0.78
☰	NOW - ServiceNow Inc.	Reduce 21.92%	1,155,428	0.71
☰	CRM - Salesforce.com	Reduce 22.43%	1,406,236	0.68
☰	MA - Mastercard Inc.	Reduce 25.06%	1,124,702	0.83
☰	BABA - Alibaba Group Holdings	Reduce 27.99%	2,467,034	2.22
☰	STZ - Constellation Brands	Reduce 31.19%	2,206,973	2.29
☰	BRX - Brixmor Property Group Inc.	Reduce 51.61%	2,627,344	3.32
☰	WYNN - Wynn Resorts Ltd	Reduce 52.61%	1,410,076	1.09
☰	CHTR - Charter Communications	Reduce 52.80%	1,932,930	3.66
☰	CMCSA - Comcast Corp.	Sell 100.00%	32,595,590	6.53
☰	EXPE - Expedia Group Inc.	Sell 100.00%	4,656,018	3.49
☰	ICE - Intercontinental Exchange Inc.	Sell 100.00%	8,749,665	3.13
☰	TMUS - T-Mobile US Inc.	Sell 100.00%	4,561,573	1.47
☰	AAP - Advance Auto Parts	Sell 100.00%	2,358,917	1.22
	Q3 2017
☰	MA - Mastercard Inc.	Reduce 3.32%	154,000	0.10
☰	BRX - Brixmor Property Group Inc.	Reduce 4.31%	229,231	0.28
☰	ATVI - Activision Blizzard Inc	Reduce 7.87%	1,695,700	0.52
☰	CHTR - Charter Communications	Reduce 15.92%	693,180	1.25
☰	META - Meta Platforms Inc.	Reduce 18.41%	1,135,793	0.91
☰	BABA - Alibaba Group Holdings	Reduce 24.44%	2,851,789	2.14
☰	TMUS - T-Mobile US Inc.	Reduce 35.96%	2,561,944	0.83
☰	FLT - Fleetcor Technologies Inc	Reduce 87.77%	5,754,022	4.42
☰	ORLY - O'Reilly Automotive	Sell 100.00%	2,841,170	3.31
☰	NLOK - Symantec Corp	Sell 100.00%	21,085,032	3.18
☰	CSX - CSX Corp.	Sell 100.00%	10,314,868	3.00
☰	ULTA - Ulta Beauty, Inc.	Sell 100.00%	1,438,673	2.20
☰	ANET - Arista Networks Inc.	Sell 100.00%	1,845,638	1.47
☰	OPTU - Optimum Communications Inc.	Sell 100.00%	8,395,511	1.45
☰	LNG - Cheniere Energy Inc	Sell 100.00%	5,186,332	1.35
☰	SNAP - Snap Inc.	Sell 100.00%	7,599,408	0.70
☰	ALB - Albemarle Corp	Sell 100.00%	1,158,452	0.65
☰	LM09 - Liberty Media Corp Delaware	Sell 100.00%	2,919,817	0.57
	Q2 2017
☰	ULTA - Ulta Beauty, Inc.	Reduce 5.59%	85,262	0.13
☰	STZ - Constellation Brands	Reduce 9.43%	684,941	0.60
☰	EQIX - Equinix Inc.	Reduce 11.02%	157,809	0.34
☰	ATVI - Activision Blizzard Inc	Reduce 13.17%	3,265,525	0.88
☰	ADBE - Adobe Inc.	Reduce 18.33%	882,700	0.62
☰	NLOK - Symantec Corp	Reduce 20.29%	5,365,985	0.89
☰	CHTR - Charter Communications	Reduce 23.22%	1,316,402	2.33
☰	CSX - CSX Corp.	Reduce 28.26%	4,063,555	1.02
☰	ALB - Albemarle Corp	Reduce 41.28%	814,315	0.47
☰	NKE - NIKE Inc.	Sell 100.00%	19,159,688	5.77
☰	EA - Electronic Arts Inc	Sell 100.00%	7,779,975	3.76
☰	V - Visa Inc.	Sell 100.00%	6,165,815	2.96
☰	PCLN - Priceline Grp Inc	Sell 100.00%	297,090	2.86
☰	DLTR - Dollar Tree Inc.	Sell 100.00%	6,544,364	2.77
☰	20R - Rice Energy Inc	Sell 100.00%	13,704,768	1.75
☰	VISN - Commscope Hldg Co Inc	Sell 100.00%	7,427,085	1.67
☰	SHPG - Shire Plc	Sell 100.00%	1,714,306	1.61
☰	ALGN - Align Technology Inc.	Sell 100.00%	2,476,534	1.53
☰	ECA - Encana Corp	Sell 100.00%	23,465,824	1.48
☰	HUM - Humana Inc.	Sell 100.00%	1,184,119	1.32
☰	HDB - HDFC Bank Ltd.	Sell 100.00%	1,312,249	0.53
	Q1 2017
☰	PCLN - Priceline Grp Inc	Reduce 2.42%	7,381	0.06
☰	FLT - Fleetcor Technologies Inc	Reduce 3.99%	187,062	0.14
☰	ADBE - Adobe Inc.	Reduce 4.24%	213,003	0.11
☰	V - Visa Inc.	Reduce 5.89%	385,662	0.16
☰	SHPG - Shire Plc	Reduce 9.98%	190,000	0.17
☰	META - Meta Platforms Inc.	Reduce 13.86%	821,600	0.49
☰	ULTA - Ulta Beauty, Inc.	Reduce 15.23%	273,703	0.37
☰	EA - Electronic Arts Inc	Reduce 17.43%	1,642,200	0.68
☰	EQIX - Equinix Inc.	Reduce 25.16%	481,223	0.90
☰	DLTR - Dollar Tree Inc.	Reduce 29.75%	2,771,770	1.12
☰	EXPE - Expedia Group Inc.	Reduce 50.85%	2,195,631	1.30
☰	AMZN - Amazon.com Inc.	Sell 100.00%	25,854,560	5.07
☰	MSFT - Microsoft Corp.	Sell 100.00%	15,213,996	4.95
☰	WMB - Williams Cos.	Sell 100.00%	16,327,936	2.66
☰	TDG - TransDigm Group Inc.	Sell 100.00%	2,028,392	2.64
☰	PYPL - PayPal Holdings Inc.	Sell 100.00%	12,499,315	2.58
☰	PNC - PNC Financial Services	Sell 100.00%	4,196,144	2.57
☰	GOOG - Alphabet Inc. CL C	Sell 100.00%	627,903	2.54
☰	BAC - Bank of America Corp.	Sell 100.00%	21,671,362	2.51
☰	VMC - Vulcan Materials	Sell 100.00%	3,738,010	2.45
☰	LULU - Lululemon Athletica Inc.	Sell 100.00%	4,504,208	1.53
☰	EBAY - eBay Inc.	Sell 100.00%	9,605,806	1.49
☰	ICE - Intercontinental Exchange Inc.	Sell 100.00%	4,225,637	1.25
	Q4 2016
☰	FLT - Fleetcor Technologies Inc	Reduce 3.87%	188,748	0.15
☰	META - Meta Platforms Inc.	Reduce 5.10%	318,533	0.19
☰	TDG - TransDigm Group Inc.	Reduce 9.88%	222,383	0.29
☰	CHTR - Charter Communications	Reduce 10.18%	534,334	0.66
☰	NKE - NIKE Inc.	Reduce 17.51%	3,055,824	0.74
☰	LULU - Lululemon Athletica Inc.	Reduce 19.37%	1,081,834	0.30
☰	TV - Grupo Televisa, S.A.B.	Reduce 25.14%	4,544,714	0.53
☰	VMC - Vulcan Materials	Reduce 25.24%	1,262,103	0.66
☰	GOOG - Alphabet Inc. CL C	Reduce 25.56%	215,546	0.76
☰	ULTA - Ulta Beauty, Inc.	Reduce 39.08%	1,153,032	1.25
☰	DLTR - Dollar Tree Inc.	Reduce 39.48%	6,076,613	2.19
☰	EXPE - Expedia Group Inc.	Reduce 39.56%	2,825,799	1.51
☰	PCLN - Priceline Grp Inc	Reduce 47.02%	270,212	1.81
☰	LNG - Cheniere Energy Inc	Reduce 51.72%	5,555,085	1.11
☰	HDB - HDFC Bank Ltd.	Reduce 67.48%	2,722,574	0.89
☰	EBAY - eBay Inc.	Reduce 71.04%	23,558,763	3.54
☰	MNST - Monster Beverage Corp.	Sell 100.00%	4,149,493	2.78
☰	YUM - Yum! Brands Inc.	Sell 100.00%	6,265,804	2.60
☰	KMI - Kinder Morgan	Sell 100.00%	12,334,772	1.30
☰	MHK - Mohawk Industries	Sell 100.00%	1,176,827	1.08
☰	HCA - HCA Healthcare Inc.	Sell 100.00%	1,669,543	0.58
	Q3 2016
☰	GOOG - Alphabet Inc. CL C	Reduce 4.58%	40,439	0.13
☰	NKE - NIKE Inc.	Reduce 4.66%	852,929	0.22
☰	TDG - TransDigm Group Inc.	Reduce 5.45%	129,645	0.16
☰	ADBE - Adobe Inc.	Reduce 7.61%	380,461	0.17
☰	ULTA - Ulta Beauty, Inc.	Reduce 11.47%	382,216	0.43
☰	FLT - Fleetcor Technologies Inc	Reduce 15.18%	872,920	0.58
☰	EQIX - Equinix Inc.	Reduce 15.95%	341,384	0.61
☰	MSFT - Microsoft Corp.	Reduce 16.10%	2,785,000	0.66
☰	STZ - Constellation Brands	Reduce 16.49%	1,099,320	0.84
☰	LNG - Cheniere Energy Inc	Reduce 16.63%	2,143,259	0.37
☰	AMZN - Amazon.com Inc.	Reduce 21.36%	7,022,800	1.16
☰	LULU - Lululemon Athletica Inc.	Reduce 24.62%	1,824,262	0.62
☰	HDB - HDFC Bank Ltd.	Reduce 31.36%	1,843,270	0.56
☰	SHPG - Shire Plc	Reduce 32.99%	834,473	0.71
☰	MHK - Mohawk Industries	Reduce 35.28%	641,442	0.56
☰	YUM - Yum! Brands Inc.	Reduce 37.17%	3,706,451	1.42
☰	META - Meta Platforms Inc.	Reduce 42.91%	4,694,796	2.48
☰	PCLN - Priceline Grp Inc	Reduce 48.72%	546,075	3.15
☰	V - Visa Inc.	Reduce 67.57%	4,870,096	1.67
☰	NOC - Northrop Grumman Corp.	Sell 100.00%	2,647,065	2.72
☰	BUD - Anheuser-Busch InBev	Sell 100.00%	4,207,607	2.56
☰	MA - Mastercard Inc.	Sell 100.00%	4,968,587	2.02
☰	PYPL - PayPal Holdings Inc.	Sell 100.00%	11,080,118	1.87
☰	SHW - Sherwin-Williams	Sell 100.00%	1,143,668	1.55
☰	PXD - Pioneer Nat Res Co	Sell 100.00%	1,329,480	0.93
☰	ANET - Arista Networks Inc.	Sell 100.00%	1,871,465	0.56
☰	GOOGL - Alphabet Inc.	Sell 100.00%	165,008	0.54
☰	AXP - American Express	Sell 100.00%	25,000	0.01
	Q2 2016
☰	ULTA - Ulta Beauty, Inc.	Reduce 0.89%	30,082	0.03
☰	ADBE - Adobe Inc.	Reduce 1.47%	74,670	0.04
☰	MA - Mastercard Inc.	Reduce 2.13%	108,000	0.05
☰	FLT - Fleetcor Technologies Inc	Reduce 2.61%	153,900	0.12
☰	V - Visa Inc.	Reduce 3.71%	277,581	0.11
☰	META - Meta Platforms Inc.	Reduce 4.14%	472,271	0.28
☰	EQIX - Equinix Inc.	Reduce 7.89%	183,368	0.31
☰	AMZN - Amazon.com Inc.	Reduce 17.24%	6,850,000	1.05
☰	NOC - Northrop Grumman Corp.	Reduce 18.55%	602,724	0.61
☰	MSFT - Microsoft Corp.	Reduce 32.88%	8,472,553	2.41
☰	GOOGL - Alphabet Inc.	Reduce 74.45%	480,851	1.89
☰	JD - JD.com Inc.	Sell 100.00%	22,079,215	3.01
☰	AGN - Allergan Plc	Sell 100.00%	1,789,239	2.47
☰	BXLT - Baxalta Inc	Sell 100.00%	10,591,296	2.20
☰	ILMN - Illumina Inc.	Sell 100.00%	1,675,158	1.40
	Q1 2016
☰	TDG - TransDigm Group Inc.	Reduce 2.46%	53,500	0.06
☰	CHTR - Charter Communications	Reduce 2.93%	138,727	0.12
☰	MHK - Mohawk Industries	Reduce 3.63%	68,481	0.06
☰	PCLN - Priceline Grp Inc	Reduce 5.13%	42,784	0.25
☰	MSFT - Microsoft Corp.	Reduce 5.47%	1,490,475	0.38
☰	ULTA - Ulta Beauty, Inc.	Reduce 5.98%	213,996	0.18
☰	FLT - Fleetcor Technologies Inc	Reduce 8.23%	529,800	0.35
☰	AMZN - Amazon.com Inc.	Reduce 10.01%	4,417,680	0.69
☰	DLTR - Dollar Tree Inc.	Reduce 12.03%	1,587,638	0.57
☰	ANET - Arista Networks Inc.	Reduce 13.99%	304,460	0.11
☰	MA - Mastercard Inc.	Reduce 17.46%	1,074,000	0.49
☰	JD - JD.com Inc.	Reduce 18.21%	4,916,296	0.74
☰	LULU - Lululemon Athletica Inc.	Reduce 18.31%	1,162,064	0.28
☰	V - Visa Inc.	Reduce 41.38%	5,283,907	1.90
☰	PXD - Pioneer Nat Res Co	Reduce 44.50%	1,065,781	0.62
☰	ILMN - Illumina Inc.	Reduce 53.59%	1,934,677	1.73
☰	EA - Electronic Arts Inc	Reduce 70.35%	4,532,970	1.45
☰	WMB - Williams Cos.	Sell 100.00%	28,940,290	3.46
☰	WBA - Walgreens Boots Alliance Inc	Sell 100.00%	6,787,816	2.69
☰	ATVI - Activision Blizzard Inc	Sell 100.00%	11,266,018	2.03
☰	ADSK - Autodesk Inc.	Sell 100.00%	5,732,050	1.62
☰	ESRX - Express Scripts Hldg Co	Sell 100.00%	3,193,180	1.30
☰	HBI - Hanesbrands Inc	Sell 100.00%	9,336,411	1.28
☰	TAP - Molson Coors Beverage Co.	Sell 100.00%	2,354,601	1.03
☰	DEO - Diageo ADR	Sell 100.00%	1,281	0.00
	Q4 2015
☰	TDG - TransDigm Group Inc.	Reduce 1.99%	44,064	0.05
☰	MHK - Mohawk Industries	Reduce 4.30%	84,700	0.08
☰	META - Meta Platforms Inc.	Reduce 8.57%	916,947	0.40
☰	VMC - Vulcan Materials	Reduce 9.36%	299,549	0.13
☰	PCLN - Priceline Grp Inc	Reduce 15.91%	157,831	0.95
☰	EQIX - Equinix Inc.	Reduce 20.38%	540,266	0.72
☰	MA - Mastercard Inc.	Reduce 26.29%	2,193,308	0.97
☰	EA - Electronic Arts Inc	Reduce 26.63%	2,338,999	0.77
☰	CHTR - Charter Communications	Reduce 27.83%	1,822,652	1.57
☰	ADBE - Adobe Inc.	Reduce 35.38%	2,197,034	0.88
☰	JD - JD.com Inc.	Reduce 37.94%	16,500,488	2.10
☰	AGN - Allergan Plc	Sell 100.00%	2,607,655	3.46
☰	DVA - DaVita HealthCare Partners	Sell 100.00%	7,918,998	2.80
☰	SCHW - Charles Schwab Corp.	Sell 100.00%	13,396,145	1.87
☰	MBBYF - Mobileye N V Amstelveen	Sell 100.00%	6,394,066	1.42
☰	ENDPQ - Endo Intl Plc	Sell 100.00%	3,859,641	1.31
☰	FNF - Fidelity National Financial Inc.	Sell 100.00%	6,512,113	1.13
☰	EXPE - Expedia Group Inc.	Sell 100.00%	1,094,269	0.63
☰	KSU - Kansas City Southern	Sell 100.00%	1,398,480	0.62
☰	GRA - Grace W R & Co Del New	Sell 100.00%	1,351,301	0.61
☰	HOUS - Realogy Hldgs Corp	Sell 100.00%	979,197	0.18
	Q3 2015
☰	MSFT - Microsoft Corp.	Reduce 4.74%	1,259,500	0.27
☰	VMC - Vulcan Materials	Reduce 7.46%	258,203	0.11
☰	EQIX - Equinix Inc.	Reduce 11.82%	355,169	0.44
☰	MA - Mastercard Inc.	Reduce 14.22%	1,382,737	0.64
☰	PCLN - Priceline Grp Inc	Reduce 16.74%	199,542	1.13
☰	NKE - NIKE Inc.	Reduce 20.33%	1,455,005	0.77
☰	FNF - Fidelity National Financial Inc.	Reduce 32.68%	3,160,582	0.58
☰	ADBE - Adobe Inc.	Reduce 32.98%	3,055,220	1.22
☰	ILMN - Illumina Inc.	Reduce 36.43%	2,068,802	2.22
☰	HOUS - Realogy Hldgs Corp	Reduce 90.59%	9,427,281	2.17
☰	LOW - Lowe's Cos.	Sell 100.00%	7,053,887	2.32
☰	HCA - HCA Healthcare Inc.	Sell 100.00%	5,007,242	2.23
☰	ADSK - Autodesk Inc.	Sell 100.00%	6,158,948	1.52
☰	SUNEQ - Sunedison Inc	Sell 100.00%	9,663,802	1.42
☰	AAP - Advance Auto Parts	Sell 100.00%	1,217,455	0.95
☰	LM02 - Liberty Media Corp Delaware	Sell 100.00%	4,571,191	0.81
☰	MTG - MGIC Investment Corp.	Sell 100.00%	12,403,003	0.69
☰	4NF - Solarwinds Inc	Sell 100.00%	2,518,528	0.57
☰	LM0 - Liberty Media Corp Delaware	Sell 100.00%	3,013,061	0.53
☰	CSX - CSX Corp.	Sell 100.00%	2,088,300	0.34
☰	PRGO - Perrigo Co Plc	Sell 100.00%	375,924	0.34
	Q2 2015
☰	LNG - Cheniere Energy Inc	Reduce 0.94%	74,975	0.03
☰	ULTA - Ulta Beauty, Inc.	Reduce 5.51%	136,272	0.10
☰	V - Visa Inc.	Reduce 6.41%	609,730	0.19
☰	PCLN - Priceline Grp Inc	Reduce 10.38%	137,981	0.78
☰	SUNEQ - Sunedison Inc	Reduce 13.81%	1,548,983	0.18
☰	HCA - HCA Healthcare Inc.	Reduce 14.21%	829,630	0.30
☰	ADBE - Adobe Inc.	Reduce 23.09%	2,780,954	1.00
☰	ADSK - Autodesk Inc.	Reduce 24.00%	1,945,038	0.56
☰	MA - Mastercard Inc.	Reduce 25.03%	3,247,021	1.37
☰	GRA - Grace W R & Co Del New	Reduce 58.42%	1,695,756	0.82
☰	BIDU - Baidu Inc.	Sell 100.00%	5,281,484	5.36
☰	AAPL - Apple Inc.	Sell 100.00%	6,838,522	4.15
☰	KORS - Michael Kors Hldgs Ltd	Sell 100.00%	11,225,155	3.60
☰	ACT-W - Actavis Plc	Sell 100.00%	1,832,314	2.66
☰	VIPS - Vipshop Holdings	Sell 100.00%	10,943,918	1.57
☰	CDK - Cdk Global Inc	Sell 100.00%	2,636,255	0.60
☰	CTSH - Cognizant Technology Solutions Corp.	Sell 100.00%	1,093,374	0.33
☰	JAZZ - Jazz Pharmaceuticals plc	Sell 100.00%	260,985	0.22
	Q1 2015
☰	ADBE - Adobe Inc.	Reduce 1.10%	133,854	0.05
☰	PCLN - Priceline Grp Inc	Reduce 4.90%	68,458	0.41
☰	CDK - Cdk Global Inc	Reduce 8.91%	258,000	0.05
☰	LNG - Cheniere Energy Inc	Reduce 9.08%	800,436	0.29
☰	FLT - Fleetcor Technologies Inc	Reduce 14.87%	957,005	0.74
☰	MHK - Mohawk Industries	Reduce 20.59%	507,917	0.41
☰	VIPS - Vipshop Holdings	Reduce 21.47%	2,991,809	0.30
☰	BIDU - Baidu Inc.	Reduce 24.88%	1,749,096	2.08
☰	ULTA - Ulta Beauty, Inc.	Reduce 26.04%	871,049	0.58
☰	WBA - Walgreens Boots Alliance Inc	Reduce 27.27%	969,252	0.38
☰	MA - Mastercard Inc.	Reduce 35.23%	7,056,807	3.17
☰	META - Meta Platforms Inc.	Reduce 39.96%	5,395,693	2.19
☰	ADSK - Autodesk Inc.	Reduce 43.97%	6,359,350	1.99
☰	JAZZ - Jazz Pharmaceuticals plc	Reduce 86.14%	1,622,669	1.39
☰	CTSH - Cognizant Technology Solutions Corp.	Reduce 91.06%	11,136,490	3.06
☰	DG - Dollar General	Sell 100.00%	12,918,112	4.76
☰	TIF - Tiffany & Co New	Sell 100.00%	6,047,197	3.37
☰	COO - Cooper Cos Inc	Sell 100.00%	1,750,283	1.48
☰	HUM - Humana Inc.	Sell 100.00%	1,911,536	1.43
☰	NFLX - Netflix Inc.	Sell 100.00%	779,647	1.39
☰	ICE - Intercontinental Exchange Inc.	Sell 100.00%	1,142,789	1.31
☰	UAA - Under Armour Inc.	Sell 100.00%	1,560,114	0.55
☰	CVLT - Commvault Systems Inc	Sell 100.00%	1,321,288	0.36
☰	WDAY - Workday Inc.	Sell 100.00%	527,482	0.22
☰	WYNN - Wynn Resorts Ltd	Sell 100.00%	285,023	0.22
	Q4 2014
☰	FLT - Fleetcor Technologies Inc	Reduce 2.33%	153,616	0.11
☰	TIF - Tiffany & Co New	Reduce 11.75%	804,824	0.38
☰	HUM - Humana Inc.	Reduce 12.08%	262,586	0.17
☰	ICE - Intercontinental Exchange Inc.	Reduce 13.09%	172,179	0.16
☰	BIDU - Baidu Inc.	Reduce 14.14%	1,157,813	1.24
☰	MHK - Mohawk Industries	Reduce 20.18%	623,599	0.41
☰	HOUS - Realogy Hldgs Corp	Reduce 23.78%	3,246,420	0.59
☰	KORS - Michael Kors Hldgs Ltd	Reduce 30.58%	4,878,844	1.71
☰	CTSH - Cognizant Technology Solutions Corp.	Reduce 32.31%	5,838,824	1.28
☰	ULTA - Ulta Beauty, Inc.	Reduce 35.71%	1,857,620	1.07
☰	4NF - Solarwinds Inc	Reduce 63.38%	4,129,968	0.85
☰	UAA - Under Armour Inc.	Reduce 65.47%	2,958,356	1.00
☰	MSFT - Microsoft Corp.	Reduce 75.60%	16,885,746	3.83
☰	WDAY - Workday Inc.	Reduce 85.00%	2,988,578	1.21
☰	WYNN - Wynn Resorts Ltd	Reduce 89.84%	2,519,966	2.31
☰	GAP - Gap Inc Del	Sell 100.00%	19,265,265	3.93
☰	CMCSA - Comcast Corp.	Sell 100.00%	13,772,459	3.63
☰	CCI* - Crown Castle Intl Corp	Sell 100.00%	7,845,871	3.09
☰	ACT-W - Actavis Plc	Sell 100.00%	2,478,628	2.93
☰	LPLA - LPL Financial Holdings Inc.	Sell 100.00%	8,518,366	1.92
☰	ABBV - AbbVie Inc.	Sell 100.00%	5,247,201	1.48
☰	SAVEQ - Spirit Airls Inc	Sell 100.00%	4,262,432	1.44
☰	WSM - Williams Sonoma Inc	Sell 100.00%	4,390,577	1.43
☰	TRIP - TripAdvisor Inc.	Sell 100.00%	2,771,438	1.24
☰	LBTYK - Liberty Global Ltd CL C	Sell 100.00%	4,460,630	0.90
☰	TWX - Time Warner Inc	Sell 100.00%	1,716,105	0.63
	Q3 2014
☰	ADBE - Adobe Inc.	Reduce 3.55%	422,474	0.16
☰	UAA - Under Armour Inc.	Reduce 4.85%	230,494	0.07
☰	CCI* - Crown Castle Intl Corp	Reduce 6.87%	579,200	0.22
☰	BIDU - Baidu Inc.	Reduce 8.24%	735,000	0.71
☰	JAZZ - Jazz Pharmaceuticals plc	Reduce 14.30%	298,520	0.23
☰	MSFT - Microsoft Corp.	Reduce 15.23%	4,011,514	0.86
☰	CTSH - Cognizant Technology Solutions Corp.	Reduce 38.77%	11,441,147	2.88
☰	ICE - Intercontinental Exchange Inc.	Reduce 61.37%	2,088,745	2.03
☰	LBTYK - Liberty Global Ltd CL C	Reduce 71.78%	11,345,882	2.47
☰	NWS.A - Twenty First Centy Fox Inc	Sell 100.00%	16,045,522	2.90
☰	AN - AutoNation Inc.	Sell 100.00%	5,067,310	1.56
☰	OII - Oceaneering Intl Inc	Sell 100.00%	3,809,894	1.53
☰	LBTYA - Liberty Global Ltd CL A	Sell 100.00%	6,519,720	1.48
☰	WMB - Williams Cos.	Sell 100.00%	4,895,000	1.47
☰	JD - JD.com Inc.	Sell 100.00%	8,405,200	1.23
☰	LLFLQ - Lumber Liquidators Hldgs Inc	Sell 100.00%	2,619,839	1.02
☰	AAL - American Airls Group Inc	Sell 100.00%	2,684,674	0.59
☰	CTRP - Ctrip Com Intl Ltd	Sell 100.00%	1,158,913	0.38
☰	IBN - ICICI Bank Ltd.	Sell 100.00%	659,729	0.17
	Q2 2014
☰	GAP - Gap Inc Del	Reduce 3.31%	658,933	0.14
☰	TDG - TransDigm Group Inc.	Reduce 5.27%	54,523	0.05
☰	MSFT - Microsoft Corp.	Reduce 6.12%	1,717,684	0.38
☰	LBTYA - Liberty Global Ltd CL A	Reduce 6.63%	462,682	0.10
☰	CCI* - Crown Castle Intl Corp	Reduce 6.95%	629,666	0.25
☰	JAZZ - Jazz Pharmaceuticals plc	Reduce 10.98%	257,359	0.19
☰	NWS.A - Twenty First Centy Fox Inc	Reduce 19.80%	3,961,203	0.69
☰	LBTYK - Liberty Global Ltd CL C	Reduce 25.65%	5,454,227	1.21
☰	DG - Dollar General	Reduce 31.25%	3,231,269	0.97
☰	IBN - ICICI Bank Ltd.	Reduce 88.49%	5,071,583	1.21
☰	MOO - Monsanto Co New	Sell 100.00%	5,767,733	3.57
☰	QCOM - QUALCOMM Inc.	Sell 100.00%	6,530,923	2.80
☰	WD5 - Wyndham Worldwide Corp	Sell 100.00%	4,878,718	1.94
☰	BEAV - B/E Aerospace Inc	Sell 100.00%	3,404,644	1.61
☰	ENDPQ - Endo Intl Plc	Sell 100.00%	4,178,703	1.56
☰	DVA - DaVita HealthCare Partners	Sell 100.00%	3,655,739	1.37
☰	ASML - ASML Holding NV	Sell 100.00%	1,356,218	0.69
☰	META - Meta Platforms Inc.	Sell 100.00%	2,000,000	0.66
☰	PRKS - Seaworld Entmt Inc	Sell 100.00%	2,114,123	0.35
☰	NBIS - Yandex N V	Sell 100.00%	987,950	0.16
	Q1 2014
☰	MOO - Monsanto Co New	Reduce 1.07%	62,674	0.04
☰	NWS.A - Twenty First Centy Fox Inc	Reduce 1.96%	399,510	0.07
☰	4NF - Solarwinds Inc	Reduce 2.72%	182,000	0.04
☰	GAP - Gap Inc Del	Reduce 3.14%	645,973	0.13
☰	WDAY - Workday Inc.	Reduce 3.21%	99,005	0.04
☰	CCI* - Crown Castle Intl Corp	Reduce 12.66%	1,312,526	0.51
☰	WD5 - Wyndham Worldwide Corp	Reduce 22.34%	1,403,673	0.54
☰	BEAV - B/E Aerospace Inc	Reduce 22.94%	1,013,541	0.46
☰	PRKS - Seaworld Entmt Inc	Reduce 30.87%	944,137	0.14
☰	META - Meta Platforms Inc.	Reduce 33.34%	1,000,441	0.29
☰	QCOM - QUALCOMM Inc.	Reduce 40.01%	4,355,675	1.70
☰	DG - Dollar General	Reduce 45.30%	8,564,020	2.71
☰	DVA - DaVita HealthCare Partners	Reduce 56.84%	4,815,038	1.60
☰	TDG - TransDigm Group Inc.	Reduce 62.66%	1,734,711	1.47
☰	PCLN - Priceline Com Inc	Reduce 67.21%	594,684	3.62
☰	DLTR - Dollar Tree Inc.	Sell 100.00%	8,128,196	2.40
☰	AXP - American Express	Sell 100.00%	4,392,879	2.09
☰	VRSN - Verisign Inc.	Sell 100.00%	6,344,858	1.99
☰	MJN - Mead Johnson Nutrition Co	Sell 100.00%	3,560,693	1.56
☰	CME - CME Group	Sell 100.00%	3,614,948	1.49
☰	KMI.WS - Kinder Morgan Inc Del	Sell 100.00%	69,913,434	1.49
☰	SEMG - Semgroup Corp	Sell 100.00%	3,906,318	1.34
☰	LM0 - Liberty Media Corp Delaware	Sell 100.00%	1,521,783	1.17
☰	TW6 - Towers Watson & Co	Sell 100.00%	1,098,124	0.73
☰	CHTR - Charter Communications	Sell 100.00%	774,527	0.56
☰	LOW - Lowe's Cos.	Sell 100.00%	2,114,588	0.55
	Q4 2013
☰	KMI.WS - Kinder Morgan Inc Del	Reduce 3.27%	2,365,961	0.06
☰	FLT - Fleetcor Technologies Inc	Reduce 4.49%	204,900	0.12
☰	LM0 - Liberty Media Corp Delaware	Reduce 5.58%	89,857	0.07
☰	BEAV - B/E Aerospace Inc	Reduce 6.82%	323,408	0.12
☰	GAP - Gap Inc Del	Reduce 7.78%	1,735,054	0.36
☰	PCLN - Priceline Com Inc	Reduce 8.75%	84,812	0.44
☰	CTSH - Cognizant Technology Solutions Corp.	Reduce 10.15%	1,214,106	0.51
☰	WDAY - Workday Inc.	Reduce 12.41%	437,220	0.18
☰	QCOM - QUALCOMM Inc.	Reduce 18.32%	2,442,485	0.84
☰	AXP - American Express	Reduce 29.65%	1,851,640	0.72
☰	CME - CME Group	Reduce 35.71%	2,008,352	0.76
☰	KORS - Michael Kors Hldgs Ltd	Reduce 36.23%	3,471,798	1.33
☰	MOO - Monsanto Co New	Reduce 37.68%	3,524,446	1.89
☰	MJN - Mead Johnson Nutrition Co	Reduce 46.29%	3,069,166	1.17
☰	CHTR - Charter Communications	Reduce 60.31%	1,176,925	0.81
☰	META - Meta Platforms Inc.	Reduce 60.71%	4,635,554	1.20
☰	EBAY - eBay Inc.	Sell 100.00%	10,922,795	3.13
☰	KMI - Kinder Morgan	Sell 100.00%	10,913,487	1.99
☰	GGQ1 - Google Inc	Sell 100.00%	407,784	1.83
☰	OCN - Ocwen Finl Corp	Sell 100.00%	5,277,270	1.51
☰	42S - Pandora Media Inc	Sell 100.00%	10,085,216	1.30
☰	AMZN - Amazon.com Inc.	Sell 100.00%	15,474,740	1.24
☰	V - Visa Inc.	Sell 100.00%	1,243,515	1.22
☰	GRFS - Grifols SA	Sell 100.00%	4,453,500	0.69
☰	HRB - H&R Block Inc.	Sell 100.00%	2,303,844	0.32
	Q3 2013
☰	OCN - Ocwen Finl Corp	Reduce 3.14%	170,980	0.04
☰	DLTR - Dollar Tree Inc.	Reduce 5.03%	405,000	0.12
☰	V - Visa Inc.	Reduce 5.80%	76,590	0.08
☰	ULTA - Ulta Beauty, Inc.	Reduce 7.45%	381,574	0.21
☰	CTSH - Cognizant Technology Solutions Corp.	Reduce 9.68%	1,282,164	0.45
☰	MJN - Mead Johnson Nutrition Co	Reduce 10.50%	777,876	0.35
☰	KMI - Kinder Morgan	Reduce 11.22%	1,379,251	0.30
☰	OII - Oceaneering Intl Inc	Reduce 11.49%	398,363	0.16
☰	LM0 - Liberty Media Corp Delaware	Reduce 13.49%	251,284	0.18
☰	FLT - Fleetcor Technologies Inc	Reduce 14.73%	787,851	0.36
☰	META - Meta Platforms Inc.	Reduce 22.59%	2,228,624	0.31
☰	EBAY - eBay Inc.	Reduce 29.60%	4,592,828	1.33
☰	VRSN - Verisign Inc.	Reduce 34.81%	2,610,223	0.65
☰	PCLN - Priceline Com Inc	Reduce 43.58%	748,838	3.47
☰	CHTR - Charter Communications	Reduce 46.90%	1,723,422	1.20
☰	GGQ1 - Google Inc	Reduce 56.70%	533,925	2.64
☰	HRB - H&R Block Inc.	Reduce 69.83%	5,332,200	0.83
☰	ISRG - Intuitive Surgical Inc.	Sell 100.00%	1,161,068	3.30
☰	RL - Ralph Lauren Corp	Sell 100.00%	2,630,438	2.56
☰	NCRA - News Corp	Sell 100.00%	13,757,775	2.52
☰	GRA - Grace W R & Co Del New	Sell 100.00%	2,868,750	1.35
☰	SBH - Sally Beauty Hldgs Inc	Sell 100.00%	7,496,661	1.31
☰	TMO - Thermo Fisher Scientific	Sell 100.00%	2,766,476	1.31
☰	JBHT - J.B. Hunt Transport Services, Inc.	Sell 100.00%	2,831,614	1.15
☰	TRIP - TripAdvisor Inc.	Sell 100.00%	1,991,854	0.68
☰	WBC - Wabco Hldgs Inc	Sell 100.00%	1,046,166	0.44
☰	ISS - Isoftstone Hldgs Ltd	Sell 100.00%	870,916	0.03
	Q2 2013
☰	TMO - Thermo Fisher Scientific	Reduce 2.83%	80,612	0.03
☰	LM0 - Liberty Media Corp Delaware	Reduce 2.89%	55,491	0.03
☰	PCLN - Priceline Com Inc	Reduce 2.93%	51,802	0.20
☰	DG - Dollar General	Reduce 4.13%	588,624	0.16
☰	OII - Oceaneering Intl Inc	Reduce 4.36%	158,000	0.06
☰	GAP - Gap Inc Del	Reduce 4.95%	998,551	0.19
☰	MOO - Monsanto Co New	Reduce 6.83%	455,287	0.26
☰	JBHT - J.B. Hunt Transport Services, Inc.	Reduce 9.39%	293,306	0.12
☰	BEAV - B/E Aerospace Inc	Reduce 9.41%	447,662	0.15
☰	KMI - Kinder Morgan	Reduce 11.04%	1,525,000	0.32
☰	WD5 - Wyndham Worldwide Corp	Reduce 14.45%	801,670	0.28
☰	ULTA - Ulta Beauty, Inc.	Reduce 14.82%	890,439	0.40
☰	RL - Ralph Lauren Corp	Reduce 16.67%	526,128	0.49
☰	CHTR - Charter Communications	Reduce 19.71%	902,313	0.52
☰	CME - CME Group	Reduce 29.64%	1,642,484	0.55
☰	V - Visa Inc.	Reduce 32.61%	638,735	0.60
☰	GGQ1 - Google Inc	Reduce 32.66%	456,808	1.99
☰	DLTR - Dollar Tree Inc.	Reduce 32.93%	3,953,733	1.05
☰	VRSN - Verisign Inc.	Reduce 36.98%	4,401,069	1.14
☰	NCRA - News Corp	Reduce 37.68%	8,318,550	1.39
☰	TRIP - TripAdvisor Inc.	Reduce 69.36%	4,510,032	1.30
☰	WBC - Wabco Hldgs Inc	Reduce 69.62%	2,397,715	0.93
☰	ISS - Isoftstone Hldgs Ltd	Reduce 83.42%	4,382,823	0.12
☰	LULU - Lululemon Athletica Inc.	Sell 100.00%	5,375,131	1.84
☰	AIG - American International Group	Sell 100.00%	7,343,600	1.57
☰	COF - Capital One Financial	Sell 100.00%	5,079,222	1.53
☰	VMED - Virgin Media Inc	Sell 100.00%	5,659,808	1.52
☰	DVA - DaVita HealthCare Partners	Sell 100.00%	1,989,505	1.30
☰	DIS - Walt Disney Co.	Sell 100.00%	3,950,480	1.23
☰	ORLY - O'Reilly Automotive	Sell 100.00%	2,085,784	1.17
☰	TSLA - Tesla Inc.	Sell 100.00%	1,758,000	0.37
☰	SHLDQ - Sears Hldgs Corp	Sell 100.00%	1,273,500	0.35
☰	PACT - New Pactera Technology Intl	Sell 100.00%	7,617,690	0.27
☰	NBIS - Yandex N V	Sell 100.00%	1,705,900	0.22
☰	CL4A - Inc D China Lodging Group Ltd	Sell 100.00%	1,114,743	0.10
☰	RAX - Rackspace Hosting Inc	Sell 100.00%	200,000	0.06
☰	QUAD - Quad/Graphics Inc.	Sell 100.00%	159,700	0.02
	Q1 2013
☰	PCLN - Priceline Com Inc	Reduce 0.04%	775	0.00
☰	GRFS - Grifols SA	Reduce 0.08%	3,372	0.00
☰	TRIP - TripAdvisor Inc.	Reduce 0.99%	65,267	0.02
☰	BEAV - B/E Aerospace Inc	Reduce 1.11%	53,231	0.02
☰	WBC - Wabco Hldgs Inc	Reduce 2.02%	71,073	0.03
☰	ORLY - O'Reilly Automotive	Reduce 3.64%	78,714	0.05
☰	CHTR - Charter Communications	Reduce 4.80%	230,796	0.12
☰	WD5 - Wyndham Worldwide Corp	Reduce 6.47%	383,788	0.14
☰	KMI - Kinder Morgan	Reduce 8.06%	1,211,644	0.28
☰	GGQ1 - Google Inc	Reduce 9.95%	154,556	0.72
☰	KORS - Michael Kors Hldgs Ltd	Reduce 10.55%	952,244	0.32
☰	TDG - TransDigm Group Inc.	Reduce 12.29%	358,174	0.32
☰	V - Visa Inc.	Reduce 12.84%	288,500	0.29
☰	CL4A - Inc D China Lodging Group Ltd	Reduce 13.12%	168,328	0.02
☰	JBHT - J.B. Hunt Transport Services, Inc.	Reduce 16.78%	630,074	0.25
☰	VRSN - Verisign Inc.	Reduce 19.31%	2,847,968	0.73
☰	RL - Ltd Ralph Lauren Corp	Reduce 19.84%	781,280	0.78
☰	CTSH - Cognizant Technology Solutions Corp.	Reduce 20.61%	2,248,823	1.10
☰	OII - Oceaneering Intl Inc	Reduce 24.13%	1,153,382	0.41
☰	DIS - Walt Disney Co.	Reduce 25.93%	1,382,955	0.46
☰	META - Meta Platforms Inc.	Sell 100.00%	10,928,300	1.93
☰	CCI* - Crown Castle Intl Corp	Sell 100.00%	2,882,801	1.38
☰	HLF - Herbalife Nutrition Ltd.	Sell 100.00%	2,330,000	0.51
☰	INFA - Informatica Corp	Sell 100.00%	1,872,449	0.38
☰	NTES - NetEase.com Inc.	Sell 100.00%	752,604	0.21
	Q4 2012
☰	WD5 - Wyndham Worldwide Corp	Reduce 0.02%	1,000	0.00
☰	JBHT - J.B. Hunt Transport Services, Inc.	Reduce 0.71%	26,726	0.01
☰	BEAV - B/E Aerospace Inc	Reduce 2.99%	148,500	0.04
☰	QCOM - QUALCOMM Inc.	Reduce 4.57%	362,000	0.14
☰	OII - Oceaneering Intl Inc	Reduce 6.23%	317,800	0.11
☰	RL - Ralph Lauren Corp	Reduce 8.91%	385,056	0.37
☰	CCI* - Crown Castle Intl Corp	Reduce 11.86%	387,934	0.16
☰	CL4A - China Lodging Group Ltd	Reduce 12.44%	182,323	0.02
☰	KMI - Kinder Morgan	Reduce 14.72%	2,595,199	0.59
☰	MOO - Monsanto Co New	Reduce 15.34%	970,564	0.56
☰	TDG - TransDigm Group Inc.	Reduce 16.06%	557,708	0.50
☰	V - Visa Inc.	Reduce 22.70%	660,061	0.57
☰	EBAY - eBay Inc.	Reduce 32.02%	4,022,086	1.24
☰	DVA - DaVita HealthCare Partners	Reduce 34.56%	1,050,735	0.69
☰	DIS - Walt Disney Co.	Reduce 43.03%	4,029,091	1.34
☰	NTES - NetEase.com Inc.	Reduce 87.88%	5,457,046	1.95
☰	AAPL - Apple Inc.	Sell 100.00%	805,269	3.43
☰	SLB - Schlumberger Ltd.	Sell 100.00%	6,420,645	2.96
☰	GLD - SPDR Gold Trust	Sell 100.00%	2,587,216	2.84
☰	AZO - AutoZone Inc.	Sell 100.00%	864,249	2.04
☰	TSCO - Tractor Supply	Sell 100.00%	2,918,487	1.84
☰	ESRX - Express Scripts Hldg Co	Sell 100.00%	4,309,072	1.72
☰	LMIG - Liberty Global Inc	Sell 100.00%	4,442,580	1.72
☰	DNKN - Dunkin Brands Group Inc	Sell 100.00%	7,221,207	1.35
☰	9ST - Sensata Technologies Hldg Bv	Sell 100.00%	2,872,204	0.55
☰	BUD - Anheuser-Busch InBev	Sell 100.00%	704,561	0.39
☰	VIT - Vanceinfo Technologies Inc	Sell 100.00%	7,617,690	0.38
☰	INTC - Intel Corp.	Sell 100.00%	945,000	0.14
☰	LUMN - Lumen Technologies Inc.	Sell 100.00%	300,000	0.08
	Q3 2012
☰	DVA - DaVita HealthCare Partners	Reduce 0.29%	8,899	0.01
☰	TSCO - Tractor Supply	Reduce 1.29%	38,119	0.02
☰	RL - Ralph Lauren Corp	Reduce 1.80%	79,226	0.07
☰	ULTA - Ulta Beauty, Inc.	Reduce 4.43%	155,000	0.09
☰	KORS - Michael Kors Hldgs Ltd	Reduce 4.87%	448,528	0.12
☰	AZO - AutoZone Inc.	Reduce 7.71%	72,221	0.17
☰	QCOM - QUALCOMM Inc.	Reduce 9.20%	801,702	0.28
☰	EBAY - eBay Inc.	Reduce 9.66%	1,343,000	0.35
☰	V - Visa Inc.	Reduce 11.69%	385,000	0.30
☰	WBC - Wabco Hldgs Inc	Reduce 15.72%	655,382	0.22
☰	CL4A - China Lodging Group Ltd	Reduce 16.19%	282,999	0.02
☰	WD5 - Wyndham Worldwide Corp	Reduce 18.61%	1,356,637	0.45
☰	GGQ1 - Google Inc	Reduce 21.87%	299,052	1.08
☰	GAP - Gap Inc Del	Reduce 23.81%	5,120,100	0.87
☰	LMIG - Liberty Global Inc	Reduce 26.94%	1,638,329	0.51
☰	NTES - NetEase.com Inc.	Reduce 29.27%	2,570,157	0.94
☰	OII - Oceaneering Intl Inc	Reduce 29.70%	2,153,671	0.64
☰	DIS - Walt Disney Co.	Reduce 29.92%	3,996,463	1.21
☰	GLD - SPDR Gold Trust	Reduce 31.01%	1,163,132	1.13
☰	SHLDQ - Sears Hldgs Corp	Reduce 32.38%	609,800	0.23
☰	MOO - Monsanto Co New	Reduce 34.20%	3,289,165	1.70
☰	ESRX - Express Scripts Hldg Co	Reduce 39.77%	2,845,776	0.99
☰	AAPL - Apple Inc.	Reduce 43.42%	617,940	2.25
☰	CCI* - Crown Castle Intl Corp	Reduce 58.26%	4,566,163	1.67
☰	TDC - Teradata Corp Del	Sell 100.00%	4,234,044	1.90
☰	ROST - Ross Stores Inc.	Sell 100.00%	3,637,252	1.42
☰	HCA - HCA Healthcare Inc.	Sell 100.00%	7,366,988	1.40
☰	KSS - Kohls Corp	Sell 100.00%	4,274,293	1.21
☰	EL - Estee Lauder Cos.	Sell 100.00%	3,163,643	1.07
☰	COO - Cooper Cos Inc	Sell 100.00%	2,017,657	1.00
☰	BSBR - Banco SAntander Brasil S A	Sell 100.00%	16,190,134	0.78
☰	VFC - V.F. Corp.	Sell 100.00%	802,389	0.67
☰	GRA - Grace W R & Co Del New	Sell 100.00%	1,802,702	0.57
☰	WY - Weyerhaeuser Co.	Sell 100.00%	2,170,000	0.30
☰	OC - Owens Corning	Sell 100.00%	940,800	0.17
☰	NFLX - Netflix Inc.	Sell 100.00%	360,988	0.15
☰	SVN - 7 Days Group Hldgs Ltd	Sell 100.00%	1,038,628	0.07
	Q2 2012
☰	NTES - NetEase.com Inc.	Reduce 1.97%	176,889	0.07
☰	OII - Oceaneering Intl Inc	Reduce 3.29%	246,986	0.09
☰	CCI* - Crown Castle Intl Corp	Reduce 4.86%	400,229	0.14
☰	SVN - 7 Days Group Hldgs Ltd	Reduce 6.29%	69,747	0.01
☰	ROST - Ross Stores Inc.	Reduce 8.55%	340,044	0.13
☰	AZO - AutoZone Inc.	Reduce 12.03%	128,030	0.32
☰	V - Visa Inc.	Reduce 27.42%	1,243,985	1.00
☰	VFC - V.F. Corp.	Reduce 39.25%	518,361	0.51
☰	TDC - Teradata Corp Del	Reduce 41.42%	2,994,118	1.39
☰	GRA - Grace W R & Co Del New	Reduce 45.89%	1,528,823	0.60
☰	9ST - Sensata Technologies Hldg Bv	Reduce 54.12%	3,200,200	0.73
☰	OC - Owens Corning	Reduce 62.17%	1,545,920	0.38
☰	DG - Dollar General	Reduce 72.52%	9,751,205	3.06
☰	EP - El Paso Corp	Sell 100.00%	31,635,809	6.35
☰	LVS - Las Vegas Sands Corp.	Sell 100.00%	8,083,114	3.16
☰	EPR - Express Scripts Inc	Sell 100.00%	7,574,345	2.79
☰	CTRP - Ctrip Com Intl Ltd	Sell 100.00%	5,240,339	0.77
☰	WYNN - Wynn Resorts Ltd	Sell 100.00%	695,207	0.59
☰	MHS - Medco Health Solutions Inc	Sell 100.00%	1,100,000	0.53
☰	TRIP - TripAdvisor Inc.	Sell 100.00%	1,865,613	0.45
☰	ARBA - Ariba Inc	Sell 100.00%	1,554,231	0.35
	Q1 2012
☰	VFC - V.F. Corp.	Reduce 2.94%	40,000	0.04
☰	GGQ1 - Google Inc	Reduce 2.97%	39,985	0.21
☰	VIT - Vanceinfo Technologies Inc	Reduce 3.11%	244,846	0.02
☰	9ST - Sensata Technologies Hldg Bv	Reduce 3.93%	242,171	0.05
☰	OII - Oceaneering Intl Inc	Reduce 4.35%	341,318	0.13
☰	V - Visa Inc.	Reduce 5.43%	260,692	0.21
☰	CTSH - Cognizant Technology Solutions Corp.	Reduce 12.14%	802,806	0.42
☰	DG - Dollar General	Reduce 12.35%	1,894,444	0.63
☰	WBC - Wabco Hldgs Inc	Reduce 15.07%	739,941	0.26
☰	LULU - Lululemon Athletica Inc.	Reduce 16.09%	730,268	0.27
☰	LVS - Las Vegas Sands Corp.	Reduce 16.65%	1,614,136	0.55
☰	WD5 - Wyndham Worldwide Corp	Reduce 18.05%	1,490,467	0.45
☰	SVN - 7 Days Group Hldgs Ltd	Reduce 18.86%	257,576	0.02
☰	CCI* - Crown Castle Intl Corp	Reduce 22.17%	2,346,991	0.84
☰	PCLN - Priceline Com Inc	Reduce 26.29%	385,534	1.45
☰	RL - Ralph Lauren Corp	Reduce 35.38%	1,655,783	1.84
☰	AAPL - Apple Inc.	Reduce 41.46%	891,583	2.91
☰	CTRP - Ctrip Com Intl Ltd	Reduce 44.29%	4,166,512	0.78
☰	CL4A - China Lodging Group Ltd	Reduce 44.36%	757,846	0.09
☰	EPR - Express Scripts Inc	Reduce 45.03%	6,204,465	2.23
☰	NTAP - Netapp Inc	Sell 100.00%	12,199,193	3.56
☰	FMH - Fmc Technologies Inc	Sell 100.00%	6,238,283	2.62
☰	BIDU - Baidu Inc.	Sell 100.00%	2,397,810	2.25
☰	WSM - Williams Sonoma Inc	Sell 100.00%	6,235,380	1.93
☰	AMP - Ameriprise Financial Inc.	Sell 100.00%	2,351,418	0.94
☰	4NF - Solarwinds Inc	Sell 100.00%	2,788,081	0.63
☰	EBAY - eBay Inc.	Sell 100.00%	2,517,124	0.61
☰	NCRA - News Corp	Sell 100.00%	1,907,038	0.27
☰	TSLA - Tesla Inc.	Sell 100.00%	703,000	0.16
☰	ARCO - Arcos Dorados Holdings Inc.	Sell 100.00%	824,599	0.14
☰	NBIS - Yandex N V	Sell 100.00%	637,699	0.10
☰	BBBYQ - Bed Bath & Beyond Inc	Sell 100.00%	280,000	0.05
	Q4 2011
☰	DG - Dollar General	Reduce 2.97%	470,015	0.16
☰	EPR - Express Scripts Inc	Reduce 4.57%	659,500	0.22
☰	9ST - Sensata Technologies Hldg Bv	Reduce 7.72%	515,271	0.12
☰	QCOM - QUALCOMM Inc.	Reduce 12.39%	895,000	0.39
☰	CCI* - Crown Castle Intl Corp	Reduce 12.86%	1,561,669	0.57
☰	4NF - Solarwinds Inc	Reduce 25.97%	978,000	0.19
☰	CTSH - Cognizant Technology Solutions Corp.	Reduce 38.17%	4,083,574	2.29
☰	SHLDQ - Sears Hldgs Corp	Reduce 44.78%	1,058,800	0.55
☰	NBIS - Yandex N V	Reduce 48.74%	606,242	0.11
☰	NCRA - News Corp	Reduce 92.81%	24,615,185	3.41
☰	BBBYQ - Bed Bath & Beyond Inc	Reduce 94.88%	5,187,444	2.66
☰	SLB - Schlumberger Ltd.	Sell 100.00%	6,041,581	3.22
☰	GR - Goodrich Corp	Sell 100.00%	2,678,332	2.89
☰	DLTR - Dollar Tree Inc.	Sell 100.00%	3,566,451	2.39
☰	NIHDQ - Nii Hldgs Inc	Sell 100.00%	7,006,471	1.69
☰	UTX - United Technologies Corp	Sell 100.00%	2,465,518	1.55
☰	KO - Coca Cola Co.	Sell 100.00%	2,524,200	1.52
☰	IFF - International Flavors & Fragrances Inc.	Sell 100.00%	2,992,507	1.50
☰	EL - Estee Lauder Cos.	Sell 100.00%	1,835,338	1.44
☰	YUM - Yum! Brands Inc.	Sell 100.00%	2,033,052	0.90
☰	USB - U.S. Bancorp	Sell 100.00%	3,841,481	0.81
☰	C - Citigroup Inc.	Sell 100.00%	2,740,726	0.63
☰	RCL - Royal Caribbean Cruises Ltd.	Sell 100.00%	3,115,316	0.60
	Q3 2011
☰	DG - Dollar General	Reduce 2.34%	378,994	0.11
☰	KO - Coca Cola Co.	Reduce 2.40%	62,000	0.04
☰	SHLDQ - Sears Hldgs Corp	Reduce 14.47%	400,000	0.25
☰	ARCO - Arcos Dorados Holdings Inc.	Reduce 17.54%	175,401	0.03
☰	EL - Estee Lauder Cos.	Reduce 31.64%	849,519	0.78
☰	RCL - Royal Caribbean Cruises Ltd.	Reduce 39.85%	2,063,820	0.67
☰	GR - Goodrich Corp	Reduce 45.88%	2,270,689	1.88
☰	USB - U.S. Bancorp	Reduce 46.07%	3,281,684	0.73
☰	C - Citigroup Inc.	Reduce 58.30%	3,832,331	1.38
☰	YUM - Yum! Brands Inc.	Reduce 72.08%	5,248,951	2.52
☰	NBIS - Yandex N V	Reduce 80.19%	5,034,371	1.55
☰	ORLY - O'Reilly Automotive	Sell 100.00%	5,563,396	3.16
☰	MHS - Medco Health Solutions Inc	Sell 100.00%	3,675,541	1.80
☰	ACN - Accenture	Sell 100.00%	3,325,917	1.74
☰	2N9A - Nielsen Holdings N V	Sell 100.00%	5,963,949	1.61
☰	FDO - Family Dlr Stores Inc	Sell 100.00%	3,293,534	1.50
☰	NFLX - Netflix Inc.	Sell 100.00%	639,421	1.46
☰	EMR - Emerson Electric	Sell 100.00%	943,636	0.46
☰	WY - Weyerhaeuser Co.	Sell 100.00%	1,700,000	0.32
☰	ADSK - Autodesk Inc.	Sell 100.00%	900,000	0.30
☰	PCL - Plum Creek Timber Co Inc	Sell 100.00%	500,000	0.18
☰	DVA - DaVita HealthCare Partners	Sell 100.00%	167,405	0.13
	Q2 2011
☰	QCOM - QUALCOMM Inc.	Reduce 2.08%	131,090	0.06
☰	ACN - Accenture	Reduce 2.78%	95,156	0.05
☰	4NF - Solarwinds Inc	Reduce 5.37%	108,165	0.02
☰	2N9A - Nielsen Holdings N V	Reduce 6.79%	434,251	0.11
☰	EL - Estee Lauder Cos.	Reduce 11.41%	345,705	0.30
☰	NTAP - Netapp Inc	Reduce 13.91%	1,222,950	0.53
☰	EPR - Express Scripts Inc	Reduce 17.41%	1,696,574	0.84
☰	YUM - Yum! Brands Inc.	Reduce 30.23%	3,155,139	1.45
☰	FDO - Family Dlr Stores Inc	Reduce 41.53%	2,339,632	1.07
☰	NCRA - News Corp	Reduce 50.65%	4,850,648	0.76
☰	ADSK - Autodesk Inc.	Reduce 54.68%	1,086,061	0.43
☰	DVA - DaVita HealthCare Partners	Reduce 91.90%	1,900,160	1.45
☰	C - Citigroup Inc.	Reduce 92.97%	86,874,043	3.43
☰	JPM - JPMorgan Chase & Co.	Sell 100.00%	7,400,879	3.05
☰	MA - Mastercard Inc.	Sell 100.00%	692,841	1.56
☰	CTXS - Citrix Sys Inc	Sell 100.00%	2,314,910	1.52
☰	SNI - Scripps Networks Interact In	Sell 100.00%	3,289,069	1.47
☰	MJN - Mead Johnson Nutrition Co	Sell 100.00%	2,707,972	1.40
☰	LNCR - Lincare Hldgs Inc	Sell 100.00%	4,635,800	1.23
☰	INFA - Informatica Corp	Sell 100.00%	2,510,444	1.17
☰	TW6 - Towers Watson & Co	Sell 100.00%	2,027,651	1.00
☰	APH - Amphenol Corp.	Sell 100.00%	776,198	0.38
☰	VSAT - Viasat Inc.	Sell 100.00%	580,411	0.21
☰	CVC - Cablevision Sys Corp	Sell 100.00%	493,000	0.15
	Q1 2011
☰	CTSH - Cognizant Technology Solutions Corp.	Reduce 2.35%	152,798	0.10
☰	GR - Goodrich Corp	Reduce 3.11%	139,900	0.11
☰	JPM - JPMorgan Chase & Co.	Reduce 8.78%	711,923	0.28
☰	MA - Mastercard Inc.	Reduce 9.24%	70,553	0.15
☰	AAPL - Apple Inc.	Reduce 9.29%	159,363	0.48
☰	SHLDQ - Sears Hldgs Corp	Reduce 9.90%	302,500	0.21
☰	WD5 - Wyndham Worldwide Corp	Reduce 12.95%	1,001,737	0.28
☰	YUM - Yum! Brands Inc.	Reduce 15.47%	1,910,349	0.87
☰	DVA - DaVita HealthCare Partners	Reduce 15.62%	382,752	0.25
☰	ACN - Accenture	Reduce 17.48%	724,894	0.33
☰	INFA - Informatica Corp	Reduce 23.58%	774,677	0.32
☰	LNCR - Lincare Hldgs Inc	Reduce 25.77%	1,609,017	0.40
☰	MJN - Mead Johnson Nutrition Co	Reduce 35.18%	1,469,844	0.85
☰	C - Citigroup Inc.	Reduce 35.62%	51,696,034	2.28
☰	TW6 - Towers Watson & Co	Reduce 41.82%	1,457,736	0.71
☰	SLB - Schlumberger Ltd.	Reduce 44.74%	3,133,734	2.44
☰	ADSK - Autodesk Inc.	Reduce 54.01%	2,332,313	0.83
☰	AMP - Ameriprise Financial Inc.	Reduce 62.64%	3,381,080	1.82
☰	APH - Amphenol Corp.	Reduce 84.65%	4,278,881	2.11
☰	CVC - Cablevision Sys Corp	Reduce 90.38%	4,632,672	1.46
☰	TECK - Teck Resources	Sell 100.00%	7,359,464	4.24
☰	GLD - SPDR Gold Trust	Sell 100.00%	3,233,000	4.18
☰	SCHW - Charles Schwab Corp.	Sell 100.00%	11,050,680	1.76
☰	DKS - Dick's Sporting Goods Inc.	Sell 100.00%	4,765,663	1.67
☰	UNP - Union Pacific	Sell 100.00%	1,870,241	1.62
☰	URBN - Urban Outfitters Inc.	Sell 100.00%	2,765,108	0.92
☰	LGFTY - Longtop Finl Technologies Lt	Sell 100.00%	2,104,089	0.71
	Q4 2010
☰	GLD - SPDR Gold Trust	Reduce 4.07%	137,000	0.23
☰	DKS - Dick's Sporting Goods Inc.	Reduce 5.72%	289,000	0.11
☰	SCHW - Charles Schwab Corp.	Reduce 12.44%	1,570,165	0.29
☰	DVA - DaVita HealthCare Partners	Reduce 17.35%	514,266	0.47
☰	YUM - Yum! Brands Inc.	Reduce 17.97%	2,705,603	1.65
☰	SVN - 7 Days Group Hldgs Ltd	Reduce 24.95%	303,692	0.07
☰	JPM - JPMorgan Chase & Co.	Reduce 30.73%	3,598,979	1.82
☰	LGFTY - Longtop Finl Technologies Lt	Reduce 31.41%	963,519	0.50
☰	AAPL - Apple Inc.	Reduce 36.66%	992,480	3.73
☰	CCI* - Crown Castle Intl Corp	Reduce 39.06%	4,783,593	2.80
☰	EL - Estee Lauder Cos.	Reduce 43.46%	2,329,471	1.95
☰	ADSK - Autodesk Inc.	Reduce 50.24%	4,360,169	1.85
☰	IVZ - Invesco Ltd	Sell 100.00%	9,495,772	2.67
☰	V - Visa Inc.	Sell 100.00%	2,716,607	2.67
☰	CTXS - Citrix Sys Inc	Sell 100.00%	2,063,852	1.87
☰	LYV - Live Nation Inc.	Sell 100.00%	13,878,448	1.82
☰	AMZN - Amazon.com Inc.	Sell 100.00%	15,835,100	1.65
☰	CRM - Salesforce.com	Sell 100.00%	942,973	1.40
☰	GGQ1 - Google Inc	Sell 100.00%	149,766	1.04
☰	ATVI - Activision Blizzard Inc	Sell 100.00%	6,995,112	1.00
☰	UMPQ - Umpqua Hldgs Corp	Sell 100.00%	1,810,735	0.27
	Q3 2010
☰	EL - Estee Lauder Cos.	Reduce 12.21%	745,487	0.60
☰	JPM - JPMorgan Chase & Co.	Reduce 28.74%	4,724,524	2.48
☰	CRM - Salesforce.com	Reduce 29.57%	396,000	0.49
☰	DVA - DaVita HealthCare Partners	Reduce 32.61%	1,434,664	1.28
☰	ATVI - Activision Blizzard Inc	Reduce 46.72%	6,133,168	0.93
☰	CTXS - Citrix Sys Inc	Reduce 48.21%	1,921,419	1.17
☰	GGQ1 - Google Inc	Reduce 49.07%	144,324	0.92
☰	AMZN - Amazon.com Inc.	Reduce 64.91%	29,286,740	2.30
☰	QCOM - QUALCOMM Inc.	Reduce 77.60%	8,741,141	4.12
☰	6684 - Hewlett Packard Co	Sell 100.00%	6,126,382	3.81
☰	AMTD - Td Ameritrade Hldg Corp	Sell 100.00%	8,343,305	1.83
☰	UPS - United Parcel Service	Sell 100.00%	1,800,000	1.47
☰	PTV - Pactiv Corp	Sell 100.00%	2,535,104	1.01
☰	OC - Owens Corning	Sell 100.00%	2,007,315	0.86
☰	RGC - Regal Entmt Group	Sell 100.00%	3,207,839	0.60
☰	QNST - QuinStreet, Inc.	Sell 100.00%	1,496,336	0.25
☰	STPFQ - Suntech Pwr Hldgs Co Ltd	Sell 100.00%	700,200	0.09
	Q2 2010
☰	ATVI - Activision Blizzard Inc	Reduce 0.82%	108,900	0.01
☰	AAPL - Apple Inc.	Reduce 4.19%	98,496	0.23
☰	DVA - DaVita HealthCare Partners	Reduce 5.32%	247,103	0.16
☰	LGFTY - Longtop Finl Technologies Lt	Reduce 5.49%	169,821	0.05
☰	JPM - JPMorgan Chase & Co.	Reduce 7.74%	1,378,680	0.61
☰	QCOM - QUALCOMM Inc.	Reduce 24.25%	3,606,851	1.50
☰	CRM - Salesforce.com	Reduce 29.91%	571,394	0.42
☰	V - Visa Inc.	Reduce 39.37%	1,432,084	1.30
☰	UPS - United Parcel Service	Reduce 58.36%	2,522,978	1.61
☰	PTV - Pactiv Corp	Reduce 59.78%	3,768,449	0.94
☰	CTSH - Cognizant Technology Solutions Corp.	Sell 100.00%	10,899,834	5.51
☰	ACN - Accenture	Sell 100.00%	12,479,833	5.20
☰	MCD - McDonald's Corp.	Sell 100.00%	6,952,805	4.60
☰	WFC - Wells Fargo	Sell 100.00%	14,681,462	4.53
☰	BAX - Baxter International Inc.	Sell 100.00%	6,326,359	3.65
☰	BAC - Bank of America Corp.	Sell 100.00%	15,277,033	2.71
☰	MOO - -------------------------- Monsanto Co New	Sell 100.00%	2,979,981	2.11
☰	CVS - CVS Health Corp.	Sell 100.00%	5,410,152	1.96
☰	KO - Coca Cola Co.	Sell 100.00%	3,360,300	1.83
☰	MJN - -------------------------- Mead Johnson Nutrition Co	Sell 100.00%	2,903,033	1.50
☰	WLTGQ - -------------------------- Walter Energy Inc	Sell 100.00%	1,621,590	1.48
☰	2777284Z - -------------------------- Dr Pepper Snapple Group Inc	Sell 100.00%	4,219,370	1.47
☰	SPLS* - -------------------------- Staples Inc	Sell 100.00%	3,698,272	0.86
☰	PNC - PNC Financial Services	Sell 100.00%	1,250,000	0.74
☰	G2N - -------------------------- Mindray Medical Intl Ltd	Sell 100.00%	464,572	0.17
☰	APOL - -------------------------- Apollo Group Inc	Sell 100.00%	267,626	0.16
☰	WD5 - -------------------------- Wyndham Worldwide Corp	Sell 100.00%	290,410	0.07
	Q1 2010
☰	AAPL - Apple Inc.	Reduce 11.37%	301,344	0.80
☰	G2N - -------------------------- Mindray Medical Intl Ltd	Reduce 18.00%	102,007	0.04
☰	GR - -------------------------- Goodrich Corp	Reduce 21.57%	888,216	0.72
☰	V - Visa Inc.	Reduce 33.46%	1,828,673	2.02
☰	SPLS* - -------------------------- Staples Inc	Reduce 38.19%	2,284,967	0.71
☰	BAX - Baxter International Inc.	Reduce 39.41%	4,115,271	3.05
☰	6684 - -------------------------- Hewlett Packard Co	Reduce 49.57%	4,823,429	3.14
☰	MOO - -------------------------- Monsanto Co New	Reduce 63.59%	5,205,468	5.39
☰	HSBC - HSBC Holdings plc	Sell 100.00%	6,676,242	4.82
☰	WAG - Walgreen Co	Sell 100.00%	7,679,875	3.57
☰	DIS - Walt Disney Co.	Sell 100.00%	7,441,464	3.04
☰	FLIR - Flir Sys Inc	Sell 100.00%	6,866,822	2.84
☰	EBAY - eBay Inc.	Sell 100.00%	8,042,649	2.39
☰	HSIC - Henry Schein Inc.	Sell 100.00%	2,783,983	1.85
☰	MSCI - MSCI Inc.	Sell 100.00%	4,586,985	1.85
☰	SWN - Southwestern Energy Co	Sell 100.00%	1,988,979	1.21
☰	SFD - Smithfield Foods Inc	Sell 100.00%	5,482,182	1.05
☰	MLCO - Melco Resorts & Entertainment Ltd.	Sell 100.00%	8,163,053	0.35
☰	MVL - Marvel Entertainment Inc	Sell 100.00%	350,518	0.24
☰	ASR - Grupo Aeroportuario Sure SA de CV	Sell 100.00%	347,986	0.23
☰	PAC - Gpo Aeroportuario Del Pac SA Spon Adr B	Sell 100.00%	571,705	0.23
	Q3 2009
☰	QCOM - QUALCOMM Inc.	Sell 100.00%	15,905,742	14.11
☰	MOO - - ----------------------------------------------------------------------------------------------------------------------------------- Monsanto Co New	Sell 100.00%	7,827,264	11.42
☰	AMX - NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ----------------------------------------------------------------------------------------------------------------------------------- AMERICA MOVIL SAB DE CV SPONS ADR L	Sell 100.00%	11,784,662	8.95
☰	JPM - JPMorgan Chase & Co.	Sell 100.00%	12,544,028	8.40
☰	V - Visa Inc.	Sell 100.00%	6,786,223	8.29
☰	PM - Philip Morris Intl.	Sell 100.00%	8,199,646	7.02
☰	6684 - - ----------------------------------------------------------------------------------------------------------------------------------- Hewlett Packard Co	Sell 100.00%	8,464,323	6.42
☰	GLD - SPDR Gold Trust	Sell 100.00%	3,453,500	6.18
☰	KO - Coca Cola Co.	Sell 100.00%	5,636,263	5.31
☰	NKE - NIKE Inc.	Sell 100.00%	4,495,652	4.57
☰	MA - Mastercard Inc.	Sell 100.00%	1,199,834	3.94
☰	SFD - - ----------------------------------------------------------------------------------------------------------------------------------- Smithfield Foods Inc	Sell 100.00%	11,116,850	3.05
☰	URBN - Urban Outfitters Inc.	Sell 100.00%	5,434,420	2.23
☰	UNP - Union Pacific	Sell 100.00%	1,951,597	1.99
☰	LMDIA - - ----------------------------------------------------------------------------------------------------------------------------------- Liberty Media Corp New Ent Com Ser A	Sell 100.00%	3,579,643	1.88
☰	MLCO - Melco Resorts & Entertainment Ltd.	Sell 100.00%	15,964,463	1.41
☰	SWN - - ----------------------------------------------------------------------------------------------------------------------------------- Southwestern Energy Co	Sell 100.00%	1,696,567	1.29
☰	PTV - - ----------------------------------------------------------------------------------------------------------------------------------- Pactiv Corp	Sell 100.00%	2,971,263	1.27
☰	SHLDQ - - ----------------------------------------------------------------------------------------------------------------------------------- Sears Hldgs Corp	Sell 100.00%	500,000	0.65
☰	FITB - Fifth Third Bancorp	Sell 100.00%	3,652,640	0.51
☰	PAC - - ----------------------------------------------------------------------------------------------------------------------------------- Gpo Aeroportuario Del Pac SA Spon Adr B	Sell 100.00%	588,218	0.30
☰	ASR - Grupo Aeroportuario Sure SA de CV	Sell 100.00%	365,200	0.28
☰	G2N - - ----------------------------------------------------------------------------------------------------------------------------------- Mindray Medical Intl Ltd Spon	Sell 100.00%	440,713	0.24
☰	SUU - - ----------------------------------------------------------------------------------------------------------------------------------- Suntrust Bks Inc	Sell 100.00%	500,000	0.16
☰	PGR - Progressive Corp.	Sell 100.00%	515,194	0.15
	Q2 2009
☰	QCOM - QUALCOMM Inc.	Reduce 15.03%	2,813,460	2.03
☰	PM - Philip Morris Intl.	Reduce 18.66%	1,880,723	1.24
☰	JPM - JPMorgan Chase & Co.	Reduce 19.59%	3,055,100	1.50
☰	V - Visa Inc.	Reduce 25.47%	2,319,734	2.39
☰	URBN - Urban Outfitters Inc.	Reduce 28.48%	2,163,985	0.66
☰	AMX - NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ----------------------------------------------------------------------------------------------------------------------------------- AMERICA MOVIL SAB DE CV SPONS ADR L	Reduce 36.78%	6,856,755	3.44
☰	MA - Mastercard Inc.	Reduce 42.93%	902,486	2.80
☰	UNP - Union Pacific	Reduce 72.89%	5,248,389	3.99
☰	GGQ1 - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Google Inc	Sell 100.00%	591,399	3.81
☰	PEP - PepsiCo Inc.	Sell 100.00%	3,585,600	3.42
☰	CCL - Carnival Corp.	Sell 100.00%	8,494,358	3.40
☰	APOL - - ----------------------------------------------------------------------------------------------------------------------------------- Apollo Group Inc	Sell 100.00%	1,888,980	2.74
☰	CTRP - - ----------------------------------------------------------------------------------------------------------------------------------- Ctrip Com Intl Ltd	Sell 100.00%	3,547,917	1.80
☰	LVS - Las Vegas Sands Corp.	Sell 100.00%	31,341,283	1.75
☰	MSM - MSC Industrial Direct	Sell 100.00%	3,006,797	1.73
☰	XTO - - ----------------------------------------------------------------------------------------------------------------------------------- Xto Energy Inc	Sell 100.00%	2,667,833	1.51
☰	DLB - - ----------------------------------------------------------------------------------------------------------------------------------- Dolby Laboratories Inc	Sell 100.00%	2,101,333	1.33
☰	SLM - SLM Corp.	Sell 100.00%	14,050,386	1.29
☰	ATVI - Form 13f Information Table Voting Authority - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Activision Blizzard Inc	Sell 100.00%	6,511,264	1.26
☰	DECK - Deckers Outdoor	Sell 100.00%	1,093,072	1.07
☰	PROJ - - ----------------------------------------------------------------------------------------------------------------------------------- Deltek Inc	Sell 100.00%	2,206,293	0.18
	Q1 2009
☰	QCOM - QUALCOMM Inc.	Reduce 7.65%	1,551,278	1.25
☰	AMX - - ----------------------------------------------------------------------------------------------------------------------------------- America Movil SAb De Cv Spons Adr L	Reduce 22.35%	5,365,858	3.74
☰	MA - Mastercard Inc.	Reduce 28.04%	819,088	2.64
☰	DLB - - ----------------------------------------------------------------------------------------------------------------------------------- Dolby Laboratories Inc	Reduce 56.75%	2,757,127	2.03
☰	ATVI - Form 13f Information Table Voting Authority - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Activision Blizzard Inc	Reduce 67.86%	13,750,646	2.67
☰	SHLDQ - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Sears Hldgs Corp	Reduce 84.22%	2,667,900	2.33
☰	TDC - Teradata Corp Del	Sell 100.00%	10,007,277	3.34
☰	SCHW - Charles Schwab Corp.	Sell 100.00%	7,568,466	2.75
☰	ANF - NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ------------------------- ---------- ------- -------- ----------------- ---------- -------- -------------------- ABERCROMBIE & FITCH CO CL A	Sell 100.00%	3,364,819	1.75
☰	BU3 - Bunge Limited	Sell 100.00%	550,000	0.64
	Q4 2008
☰	XTO - Xto Energy Inc	Sell 100.00%	11,941,076	11.22
☰	PCLN - Priceline Com Inc	Sell 100.00%	3,604,068	4.98
☰	LO - Lorillard Inc	Sell 100.00%	3,428,911	4.93
☰	FAST - Fastenal	Sell 100.00%	4,593,772	4.58
☰	MSM - MSC Industrial Direct	Sell 100.00%	4,923,117	4.58
☰	CCI* - Crown Castle Intl Corp	Sell 100.00%	7,399,788	4.33
☰	PCP - Precision Castparts Corp	Sell 100.00%	2,509,284	3.99
☰	WFTG - Weatherford International Lt	Sell 100.00%	7,754,431	3.94
☰	EXP - Eagle Materials Inc.	Sell 100.00%	2,830,727	1.28
☰	DKS - Dick's Sporting Goods Inc.	Sell 100.00%	2,937,309	1.16
☰	NCC - National City Corp	Sell 100.00%	9,343,557	0.33
☰	PROJ - Deltek Inc	Sell 100.00%	2,206,293	0.27
☰	FHN - First Horizon Natl Corp	Sell 100.00%	216,662	0.04
	Q3 2008
☰	MSM - MSC Industrial Direct	Reduce 4.84%	250,488	0.19
☰	TDC - Teradata Corp Del	Reduce 6.73%	622,459	0.25
☰	FAST - Fastenal	Reduce 24.95%	1,527,059	1.13
☰	EXP - Eagle Materials Inc.	Reduce 38.34%	1,759,832	0.77
☰	DKS - Dick's Sporting Goods Inc.	Reduce 49.56%	2,886,385	0.88
☰	GGQ1 - Google Inc	Sell 100.00%	982,732	8.88
☰	ETR - Entergy Corp New	Sell 100.00%	3,518,632	7.28
☰	MOO - Monsanto Co New	Sell 100.00%	1,811,400	3.93
☰	BAM.A - Brookfield Asset Mgmt Inc	Sell 100.00%	7,029,742	3.91
☰	ILMN - Illumina Inc.	Sell 100.00%	2,161,843	3.23
☰	AMZN - Amazon.com Inc.	Sell 100.00%	50,552,680	3.18
☰	INFY - Infosys Ltd.	Sell 100.00%	3,529,866	2.63
☰	NYT - New York Times CL A	Sell 100.00%	100,000	0.03
	Q2 2008
☰	ILMN - Illumina Inc.	Reduce 9.97%	239,396	0.32
☰	FAST - Fastenal	Reduce 12.50%	874,340	0.70
☰	QCOM - QUALCOMM Inc.	Reduce 13.88%	1,845,053	1.31
☰	BAM.A - Brookfield Asset Mgmt Inc	Reduce 17.40%	1,480,559	0.69
☰	MOO - Monsanto Co New	Reduce 25.82%	630,500	1.22
☰	MA - Mastercard Inc.	Reduce 29.03%	267,390	1.03
☰	GGQ1 - Google Inc	Reduce 39.30%	636,300	4.86
☰	V - Visa Inc.	Reduce 57.38%	2,238,000	2.42
☰	AAPL - Apple Inc.	Sell 100.00%	2,920,623	7.27
☰	CME - CME Group	Sell 100.00%	594,936	4.84
☰	SWN - Southwestern Energy Co	Sell 100.00%	7,373,812	4.31
☰	EMC - E M C Corp Mass	Sell 100.00%	10,655,975	2.65
☰	NTRI - Nutri Sys Inc New	Sell 100.00%	2,718,600	0.71
☰	SRX - Sra Intl Inc	Sell 100.00%	1,075,600	0.45
	Q1 2008
☰	MA - Mastercard Inc.	Reduce 7.07%	70,045	0.28
☰	DKS - Dick's Sporting Goods Inc.	Reduce 10.70%	602,404	0.31
☰	FAST - Fastenal	Reduce 11.22%	884,436	0.67
☰	QCOM - QUALCOMM Inc.	Reduce 19.04%	3,126,665	2.32
☰	AMX - America Movil SAb De Cv	Reduce 21.42%	2,783,867	3.22
☰	EMC - E M C Corp Mass	Reduce 25.37%	3,622,624	1.26
☰	SWN - Southwestern Energy Co	Reduce 27.73%	2,829,432	2.97
☰	BAM.A - Brookfield Asset Mgmt Inc	Reduce 30.76%	3,780,969	2.53
☰	SLB - Schlumberger Ltd.	Sell 100.00%	4,085,900	7.57
☰	BNI - Burlington Northn SAnta Fe C	Sell 100.00%	3,636,004	5.70
☰	VMC - Vulcan Materials	Sell 100.00%	3,545,961	5.28
☰	AEO - American Eagle Outfitters Ne	Sell 100.00%	8,546,293	3.34
☰	FIS - Fidelity National Information Services, Inc.	Sell 100.00%	3,005,849	2.35
☰	WNS - Wns Holdings Ltd Spon	Sell 100.00%	1,858,966	0.57
☰	EKDKQ - Eastman Kodak Co	Sell 100.00%	1,150,000	0.47
☰	SINA - Sina Corp	Sell 100.00%	343,190	0.29
☰	PMC - Pharmerica Corp	Sell 100.00%	406,897	0.11
☰	MSCI - MSCI Inc.	Sell 100.00%	22,700	0.02
	Q4 2007
☰	VMC - Vulcan Materials	Reduce 2.26%	81,896	0.09
☰	AMX - NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ----------------------------- --------------- --------- --------- ---------- --- ---- ---------- -------- ----------- ------ ---- AMERICA MOVIL SAB DE CV SPON ADR L	Reduce 3.25%	436,798	0.33
☰	EMC - E M C Corp Mass	Reduce 42.39%	10,507,855	2.61
☰	WNS - Wns Holdings Ltd Spon	Reduce 43.11%	1,408,600	0.29
☰	NTRI - Nutri Sys Inc New	Reduce 45.15%	591,400	0.33
☰	AAPL - Apple Inc.	Reduce 51.70%	649,264	1.19
☰	PMC - Pharmerica Corp	Reduce 80.67%	1,698,257	0.31
☰	SINA - Sina Corp	Reduce 92.51%	4,238,032	2.42
☰	GGQ1 - Google Inc	Sell 100.00%	1,535,176	10.41
☰	MOO - Monsanto Co New	Sell 100.00%	4,296,701	4.40
☰	DNA - Ginkgo Bioworks Holdings Inc.	Sell 100.00%	3,514,836	3.28
☰	PCLN - Priceline Com Inc	Sell 100.00%	2,917,384	3.09
☰	KMX - CarMax Inc.	Sell 100.00%	11,709,116	2.84
☰	MSM - MSC Industrial Direct	Sell 100.00%	4,288,471	2.59
☰	EPR - Express Scripts Inc	Sell 100.00%	3,102,214	2.07
☰	MHS - Medco Health Solutions Inc	Sell 100.00%	1,803,568	1.95
☰	EXP - Eagle Materials Inc.	Sell 100.00%	4,490,559	1.92
☰	NLC - Nalco Holding Company	Sell 100.00%	4,987,103	1.77
☰	ILMN - Illumina Inc.	Sell 100.00%	1,040,074	0.64
☰	IT - Gartner Inc.	Sell 100.00%	1,924,960	0.56
☰	MELI - Mercadolibre Inc.	Sell 100.00%	1,069,660	0.46
☰	BBBY - Overstock Com Inc Del	Sell 100.00%	635,000	0.22
☰	TLK - P T Telekomunikasi Indonesia	Sell 100.00%	283,822	0.17
☰	CE1 - Career Education Corp	Sell 100.00%	254,900	0.09
	Q3 2007
☰	IT - Gartner Inc.	Reduce 3.28%	65,363	0.02
☰	DNA - Ginkgo Bioworks Holdings Inc.	Reduce 5.20%	192,910	0.16
☰	BAM.A - Brookfield Asset Mgmt Inc	Reduce 9.23%	1,146,200	0.50
☰	KMX - CarMax Inc.	Reduce 18.30%	2,623,450	0.74
☰	AAPL - Apple Inc.	Reduce 19.25%	299,300	0.40
☰	SLB - Schlumberger Ltd.	Reduce 22.39%	1,062,200	0.99
☰	MHS - Medco Health Solutions Inc	Reduce 24.99%	600,734	0.51
☰	EMC - E M C Corp Mass	Reduce 47.37%	22,312,883	4.44
☰	EPR - Express Scripts Inc	Reduce 54.98%	3,788,804	2.08
☰	ILMN - Illumina Inc.	Reduce 62.02%	1,698,269	0.76
☰	RIIG - Research In Motion Ltd	Sell 100.00%	1,658,964	3.65
☰	SCHW - Charles Schwab Corp.	Sell 100.00%	10,427,591	2.35
☰	TV - Grupo Televisa, S.A.B.	Sell 100.00%	6,146,071	1.95
☰	TXI - Texas Inds Inc	Sell 100.00%	1,777,799	1.53
☰	UAA - Under Armour Inc.	Sell 100.00%	2,858,163	1.44
☰	CTRP - Ctrip Com Intl Ltd	Sell 100.00%	1,606,701	1.39
☰	MDRX - Allscripts Healthcare Soluti	Sell 100.00%	4,226,410	1.18
☰	RGP - Resources Connection Inc	Sell 100.00%	2,823,836	1.03
☰	ESINQ - Itt Educational Services Inc	Sell 100.00%	789,685	1.02
☰	LTF - Life Time Fitness Inc	Sell 100.00%	1,739,100	1.02
☰	NMX - Nymex Holdings Inc	Sell 100.00%	701,097	0.97
☰	NTES - NetEase.com Inc.	Sell 100.00%	3,817,612	0.71
☰	6683 - General Electric Co	Sell 100.00%	1,528,601	0.64
☰	BAX - Baxter International Inc.	Sell 100.00%	573,000	0.36
☰	SEPR - Sepracor Inc	Sell 100.00%	510,000	0.23
☰	AFFY - Affymax Inc	Sell 100.00%	733,650	0.22
☰	AR2 - Array Biopharma Inc	Sell 100.00%	1,146,785	0.15
	Q4 2006
☰	BAM.A - Brookfield Asset Mgmt Inc	Sell 100.00%	11,629,148	7.96
☰	GGQ1 - Google Inc	Sell 100.00%	1,118,149	6.96
☰	CMCSK - Comcast Corp New	Sell 100.00%	11,764,631	6.70
☰	QCOM - QUALCOMM Inc.	Sell 100.00%	11,501,753	6.47
☰	AMX - America Movil S A De C V	Sell 100.00%	9,310,989	5.67
☰	SLB - Schlumberger Ltd.	Sell 100.00%	5,773,099	5.54
☰	SLM - SLM Corp.	Sell 100.00%	6,348,375	5.11
☰	AAPL - Apple Inc.	Sell 100.00%	3,723,286	4.44
☰	AAP - Advance Auto Parts	Sell 100.00%	7,874,612	4.01
☰	MLM - Martin Marietta	Sell 100.00%	3,064,774	4.01
☰	SWN - Southwestern Energy Co	Sell 100.00%	8,218,512	3.80
☰	CSCO - Cisco Systems	Sell 100.00%	9,819,414	3.49
☰	MOO - Monsanto Co New	Sell 100.00%	4,190,736	3.05
☰	NTES - NetEase.com Inc.	Sell 100.00%	11,634,856	2.95
☰	DNA - Ginkgo Bioworks Holdings Inc.	Sell 100.00%	2,246,090	2.88
☰	GLW - Corning Inc.	Sell 100.00%	6,856,425	2.59
☰	KMX - CarMax Inc.	Sell 100.00%	3,656,067	2.36
☰	BBBYQ - Bed Bath & Beyond Inc	Sell 100.00%	3,586,238	2.12
☰	MAR - Marriott Int'l.	Sell 100.00%	3,153,688	1.89
☰	BRCM - Broadcom Corp	Sell 100.00%	3,872,868	1.82
☰	DKS - Dick's Sporting Goods Inc.	Sell 100.00%	2,557,810	1.80
☰	BIDU - Baidu Inc.	Sell 100.00%	1,224,839	1.66
☰	EKDKQ - Eastman Kodak Co	Sell 100.00%	3,650,000	1.27
☰	SBUX - Starbucks Corp.	Sell 100.00%	2,257,702	1.19
☰	VMC - Vulcan Materials	Sell 100.00%	978,600	1.19
☰	BRO - Brown & Brown Inc.	Sell 100.00%	2,376,884	1.12
☰	LSAK - Net 1 Ueps Technologies Inc	Sell 100.00%	2,831,578	1.00
☰	WTM - White Mountains Insurance	Sell 100.00%	121,950	0.94
☰	CE1 - Career Education Corp	Sell 100.00%	2,533,500	0.88
☰	RGP - Resources Connection Inc	Sell 100.00%	2,131,291	0.88
☰	LCC - Us Airways Group Inc	Sell 100.00%	1,129,356	0.77
☰	TV - Grupo Televisa, S.A.B.	Sell 100.00%	2,227,600	0.73
☰	LVS - Las Vegas Sands Corp.	Sell 100.00%	619,700	0.66
☰	ONXX - Onyx Pharmaceuticals Inc	Sell 100.00%	2,386,707	0.64
☰	CIG - Companhia Energética de Minas Gerais - CEMIG	Sell 100.00%	826,600	0.50
☰	CONR - Conor Medsystems Inc	Sell 100.00%	863,844	0.32
☰	6683 - General Electric Co	Sell 100.00%	554,395	0.30
☰	ITC - Itc Hldgs Corp	Sell 100.00%	467,700	0.23
☰	ESINQ - Itt Educational Services Inc	Sell 100.00%	94,100	0.10
	Q3 2006
☰	DKS - Dick's Sporting Goods Inc.	Reduce 12.34%	360,100	0.27
☰	SLM - SLM Corp.	Reduce 12.85%	935,800	0.94
☰	BRCM - Broadcom Corp	Reduce 20.80%	1,017,219	0.58
☰	AAP - Advance Auto Parts	Reduce 21.58%	2,166,669	1.19
☰	GGQ1 - Google Inc	Reduce 23.32%	340,101	2.70
☰	ONXX - Onyx Pharmaceuticals Inc	Reduce 31.38%	1,091,430	0.35
☰	AMX - America Movil S A De C V	Reduce 31.99%	4,379,800	2.76
☰	LCC - Us Airways Group Inc	Reduce 38.45%	705,444	0.68
☰	ITC - Itc Hldgs Corp	Reduce 47.46%	422,500	0.21
☰	CIG - Companhia Energética de Minas Gerais - CEMIG	Reduce 49.15%	799,100	0.64
☰	BRO - Brown & Brown Inc.	Reduce 59.60%	3,506,116	1.94
☰	6683 - General Electric Co	Reduce 82.69%	2,647,800	1.65
☰	VALF - - ------------------------------------------------------------------------------------------------------------------------------------ Cia Vale Do Rio Doce-Adr	Sell 100.00%	11,158,000	4.35
☰	RIIG - - ------------------------------------------------------------------------------------------------------------------------------------ Research In Motion	Sell 100.00%	2,342,351	3.10
☰	FDCP - - ------------------------------------------------------------------------------------------------------------------------------------ First Data Corp	Sell 100.00%	2,465,900	2.10
☰	CPRT - Copart Inc.	Sell 100.00%	1,250,520	0.58
☰	VRTX - Vertex Pharmaceuticals	Sell 100.00%	495,800	0.34
☰	F - - ------------------------------------------------------------------------------------------------------------------------------------ Ford	Sell 100.00%	719,300	0.09
☰	HKHGF - - ------------------------------------------------------------------------------------------------------------------------------------ Hongkong Land Holdings Ltd	Sell 100.00%	1,309,000	0.09
	Q2 2006
☰	FDCP - - ------------------------------------------------------------------------------------------------------------------------------------ First Data Corp	Reduce 0.32%	8,000	0.01
☰	MOO - - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Monsanto Co	Reduce 9.35%	360,121	0.54
☰	AMX - - ------------------------------------------------------------------------------------------------------------------------------------ America Movil-Adr Series L	Reduce 24.54%	4,453,300	2.69
☰	GLW - Corning Inc.	Reduce 55.01%	6,343,611	3.01
☰	AAPL - Apple Inc.	Reduce 63.45%	3,335,278	3.69
☰	SLB - Schlumberger Ltd.	Sell 100.00%	2,487,300	5.56
☰	GDW - - ---------------------------------------------------------------------------------------------------------------------------------- Golden West Finl Corp Del	Sell 100.00%	3,885,336	4.66
☰	3570354Q - - ------------------------------------------------------------------------------------------------------------------------------------ Centex Corp	Sell 100.00%	3,593,600	3.93
☰	RYL - - ------------------------------------------------------------------------------------------------------------------------------------ Ryland Group Inc	Sell 100.00%	2,220,200	2.72
☰	NIHDQ - - ------------------------------------------------------------------------------------------------------------------------------------ Nii Hldgs Inc Cl B	Sell 100.00%	2,529,282	2.63
☰	MCO - Moody's Corp.	Sell 100.00%	1,676,700	2.12
☰	OCR - - ------------------------------------------------------------------------------------------------------------------------------------ Omnicare Inc	Sell 100.00%	1,783,700	1.73
☰	PHM - PulteGroup Inc.	Sell 100.00%	2,395,576	1.63
☰	UNH - United Health Group Inc.	Sell 100.00%	1,351,736	1.33
☰	WTM - White Mountains Insurance	Sell 100.00%	126,850	1.33
☰	NQC - - ------------------------------------------------------------------------------------------------------------------------------------ Navteq Corp	Sell 100.00%	1,387,700	1.24
☰	LEN - Lennar Corp.	Sell 100.00%	1,138,077	1.21
☰	3549162Q - - ------------------------------------------------------------------------------------------------------------------------------------ Cnet Networks Inc	Sell 100.00%	2,878,516	0.72
☰	CSGP - CoStar Group Inc.	Sell 100.00%	500,548	0.46
☰	WRSPQ - - ------------------------------------------------------------------------------------------------------------------------------------ Worldspace Inc Cl A	Sell 100.00%	1,240,900	0.17
	Q1 2006
☰	WRSPQ - - ------------------------------------------------------------------------------------------------------------------------------------ Worldspace Inc Cl A	Reduce 2.41%	30,600	0.01
☰	3549162Q - - ------------------------------------------------------------------------------------------------------------------------------------ Cnet Networks Inc	Reduce 4.49%	135,300	0.03
☰	CSGP - CoStar Group Inc.	Reduce 4.84%	25,454	0.02
☰	CONR - - ------------------------------------------------------------------------------------------------------------------------------------ Conor Medsystems Inc	Reduce 6.29%	58,000	0.02
☰	ITC - - ------------------------------------------------------------------------------------------------------------------------------------ Itc Hldgs Corp	Reduce 6.31%	60,000	0.03
☰	DKS - Dick's Sporting Goods Inc.	Reduce 10.01%	324,600	0.16
☰	MCO - Moody's Corp.	Reduce 11.53%	218,500	0.20
☰	AMX - - ------------------------------------------------------------------------------------------------------------------------------------ America Movil S A De C V Spon Adr L	Reduce 18.08%	4,005,600	1.77
☰	ONXX - - ------------------------------------------------------------------------------------------------------------------------------------ Onyx Pharmaceuticals Inc	Reduce 29.24%	531,772	0.23
☰	GDW - - ---------------------------------------------------------------------------------------------------------------------------------- Golden West Finl Corp Del	Reduce 33.94%	1,996,064	1.99
☰	NIHDQ - - ------------------------------------------------------------------------------------------------------------------------------------ Nii Hldgs Inc Cl B	Reduce 38.21%	1,564,200	1.03
☰	3570354Q - - ------------------------------------------------------------------------------------------------------------------------------------ Centex Corp	Reduce 38.23%	2,224,200	2.40
☰	UNH - United Health Group Inc.	Reduce 67.34%	2,786,564	2.62
☰	GGQ1 - Google Inc C	Sell 100.00%	1,479,094	9.27
☰	RIIG - Research In Motion Ltd	Sell 100.00%	5,485,600	5.47
☰	DNA - Ginkgo Bioworks Holdings Inc.	Sell 100.00%	1,359,740	1.90
☰	MBT - Mobile Telesystems Ojsc Sponsore	Sell 100.00%	3,557,000	1.88
☰	CCL - Carnival Corp.	Sell 100.00%	2,294,400	1.85
☰	NTES - NetEase.com Inc.	Sell 100.00%	1,680,228	1.43
☰	WSM - Williams Sonoma Inc	Sell 100.00%	2,042,200	1.33
☰	LM - Legg Mason Inc	Sell 100.00%	732,300	1.32
☰	YHOO - Yahoo! Inc	Sell 100.00%	2,220,400	1.31
☰	KMX - CarMax Inc.	Sell 100.00%	3,105,773	1.30
☰	RGP - Resources Connection Inc	Sell 100.00%	1,827,027	0.72
☰	TSCO - Tractor Supply	Sell 100.00%	784,687	0.63
☰	FRFHF - Fairfax Financial Holdings Ltd.	Sell 100.00%	50,000	0.11
☰	845780Q - Albertsons Inc	Sell 100.00%	300,000	0.10
	Q4 2005
☰	AMX - America Movil S A De C V Spon A	Reduce 2.73%	622,700	0.32
☰	DKS - Dick's Sporting Goods Inc.	Reduce 2.97%	99,200	0.06
☰	GDW - Golden West Finl Corp Del	Reduce 5.29%	328,300	0.38
☰	CSGP - CoStar Group Inc.	Reduce 6.44%	36,196	0.03
☰	WTM - White Mountains Insurance	Reduce 15.74%	22,800	0.27
☰	LEN - Lennar Corp.	Reduce 33.64%	361,323	0.42
☰	AAPL - Apple Inc.	Reduce 47.02%	2,642,252	2.76
☰	UNH - United Health Group Inc.	Reduce 47.24%	3,704,800	4.05
☰	845780Q - Albertsons Inc	Reduce 81.70%	1,339,100	0.67
☰	BBY - Best Buy Co. Inc.	Sell 100.00%	3,961,999	3.35
☰	CMX - - ------------------------------------------------------------------------------------------------------------------------------------ Caremark Rx Inc	Sell 100.00%	3,055,826	2.97
☰	JPM - JPMorgan Chase & Co.	Sell 100.00%	4,302,661	2.84
☰	UTX - - ------------------------------------------------------------------------------------------------------------------------------------ United Technologies Corp	Sell 100.00%	2,461,600	2.48
☰	CHKEUR - - ------------------------------------------------------------------------------------------------------------------------------------ Chesapeake Energy Corp	Sell 100.00%	2,252,200	1.68
☰	TOL - Toll Brothers	Sell 100.00%	1,906,600	1.66
☰	MRX - - ------------------------------------------------------------------------------------------------------------------------------------ Medicis Pharmaceutical Corp Cl A	Sell 100.00%	1,208,400	0.77
☰	AEA - - ------------------------------------------------------------------------------------------------------------------------------------ Advance Amer Cash Advance Ct	Sell 100.00%	2,840,000	0.73
☰	GILD - Gilead Sciences	Sell 100.00%	91,476	0.09
	Q3 2005
☰	MRX - - ------------------------------------------------------------------------------------------------------------------------------------ Medicis Pharmaceutical Corp Cl A	Reduce 6.21%	80,000	0.05
☰	AAPL - Apple Inc.	Reduce 10.00%	624,585	0.42
☰	SLM - SLM Corp.	Reduce 11.39%	492,200	0.45
☰	CMX - - ------------------------------------------------------------------------------------------------------------------------------------ Caremark Rx Inc	Reduce 13.34%	470,200	0.38
☰	AEA - - ------------------------------------------------------------------------------------------------------------------------------------ Advance Amer Cash Advance Ct	Reduce 14.07%	465,000	0.13
☰	LEN - Lennar Corp.	Reduce 15.70%	200,000	0.23
☰	QCOM - QUALCOMM Inc.	Reduce 15.91%	872,472	0.52
☰	JPM - JPMorgan Chase & Co.	Reduce 18.78%	994,900	0.63
☰	NIHDQ - - ------------------------------------------------------------------------------------------------------------------------------------ Nii Hldgs Inc Cl B	Reduce 25.31%	998,938	1.15
☰	CHKEUR - - ------------------------------------------------------------------------------------------------------------------------------------ Chesapeake Energy Corp	Reduce 73.83%	6,353,300	2.61
☰	APOL - - ------------------------------------------------------------------------------------------------------------------------------------ Apollo Group Inc Cl A	Sell 100.00%	7,521,150	10.61
☰	DLCA - - ------------------------------------------------------------------------------------------------------------------------------------ Dell Inc	Sell 100.00%	3,468,877	2.47
☰	2942331Q - - ------------------------------------------------------------------------------------------------------------------------------------ Bear Stearns Cos Inc	Sell 100.00%	1,173,500	2.20
☰	ESINQ - - ------------------------------------------------------------------------------------------------------------------------------------ Itt Educational Services Inc	Sell 100.00%	1,478,900	1.43
☰	PA - - ------------------------------------------------------------------------------------------------------------------------------------ Panamsat Hldg Corp	Sell 100.00%	3,866,900	1.43
☰	SCHW - Charles Schwab Corp.	Sell 100.00%	5,170,100	1.05
☰	3406956Q - - ------------------------------------------------------------------------------------------------------------------------------------ Armor Holdings Inc	Sell 100.00%	1,012,900	0.72
☰	OSIP - - ------------------------------------------------------------------------------------------------------------------------------------ Osi Pharmaceuticals Inc	Sell 100.00%	783,334	0.58
☰	SRX - - ------------------------------------------------------------------------------------------------------------------------------------ Sra Intl Inc Cl A	Sell 100.00%	683,400	0.43
☰	EY7 - - ------------------------------------------------------------------------------------------------------------------------------------ Design Within Reach Inc	Sell 100.00%	1,145,758	0.37
☰	KERX - - ------------------------------------------------------------------------------------------------------------------------------------ Keryx Biopharmaceuticals Inc	Sell 100.00%	1,105,203	0.26
	Q2 2005
☰	NIHDQ - - ------------------------------------------------------------------------------------------------------------------------------------ Nii Hldgs Inc Cl B	Reduce 0.17%	6,736	0.01
☰	CHKEUR - - ------------------------------------------------------------------------------------------------------------------------------------ Chesapeake Energy Corp	Reduce 3.38%	301,200	0.13
☰	DLCA - - ------------------------------------------------------------------------------------------------------------------------------------ Dell Inc	Reduce 3.75%	135,000	0.10
☰	APOL - - ------------------------------------------------------------------------------------------------------------------------------------ Apollo Group Inc Cl A	Reduce 6.47%	520,604	0.75
☰	SLM - SLM Corp.	Reduce 7.70%	360,302	0.35
☰	DKS - Dick's Sporting Goods Inc.	Reduce 7.77%	262,700	0.19
☰	F - - ------------------------------------------------------------------------------------------------------------------------------------ Ford Mtr Co Del Com Par $0.01	Reduce 9.10%	72,000	0.02
☰	TSCO - Tractor Supply	Reduce 10.35%	87,850	0.07
☰	JPM - JPMorgan Chase & Co.	Reduce 12.25%	739,300	0.49
☰	RYL - - ------------------------------------------------------------------------------------------------------------------------------------ Ryland Group Inc	Reduce 13.88%	331,000	0.40
☰	GLW - Corning Inc.	Reduce 20.48%	1,288,200	0.28
☰	ESINQ - - ------------------------------------------------------------------------------------------------------------------------------------ Itt Educational Services Inc	Reduce 24.29%	474,500	0.44
☰	TOL - Toll Brothers	Reduce 26.92%	451,800	0.69
☰	CMX - - ------------------------------------------------------------------------------------------------------------------------------------ Caremark Rx Inc	Reduce 28.33%	1,393,800	1.07
☰	BBY - Best Buy Co. Inc.	Reduce 47.81%	1,456,400	1.52
☰	PHM - PulteGroup Inc.	Reduce 51.04%	1,034,300	1.47
☰	LEN - Lennar Corp.	Reduce 63.86%	2,251,300	2.47
☰	MRSH - Marsh	Sell 100.00%	2,111,800	1.24
☰	SGI - Somnigroup International Inc.	Sell 100.00%	1,870,700	0.67
☰	BIIB - Biogen Inc.	Sell 100.00%	962,500	0.64
	Q1 2005
☰	LEN - Lennar Corp.	Reduce 0.66%	23,400	0.02
☰	MRSH - Marsh	Reduce 4.95%	110,000	0.06
☰	WTM - White Mountains Insurance	Reduce 5.17%	7,600	0.09
☰	TSCO - Tractor Supply	Reduce 9.86%	92,833	0.06
☰	CMX - - ---------------------------------------------------------------------------------------------------------------------------------- Caremark Rx Inc	Reduce 10.91%	602,400	0.42
☰	TOL - Toll Brothers	Reduce 17.00%	343,700	0.42
☰	605555Q - Sears Roebuck & Co	Sell 100.00%	4,843,400	4.40
☰	BBBYQ - Bed Bath & Beyond Inc	Sell 100.00%	3,714,285	2.63
☰	RIIG - Research In Motion Ltd	Sell 100.00%	1,717,300	2.52
☰	GGQ1 - Google Inc	Sell 100.00%	602,456	2.07
☰	COF - Capital One Financial	Sell 100.00%	1,200,000	1.80
☰	NTES - NetEase.com Inc.	Sell 100.00%	1,411,017	1.33
☰	UCOMA - Unitedglobalcom	Sell 100.00%	7,722,594	1.33
☰	MHS - Medco Health Solutions Inc	Sell 100.00%	1,744,200	1.29
☰	XTO - Xto Energy Inc	Sell 100.00%	1,960,300	1.24
☰	KMX - CarMax Inc.	Sell 100.00%	2,208,100	1.22
☰	YHOO - Yahoo Inc	Sell 100.00%	1,787,050	1.20
☰	MSFT - Microsoft Corp.	Sell 100.00%	2,508,508	1.19
☰	LOW - Lowe's Cos.	Sell 100.00%	1,128,300	1.16
☰	CE1 - Career Education Corp	Sell 100.00%	1,596,157	1.14
☰	NTLIV - Ntl Inc Del	Sell 100.00%	841,867	1.09
☰	MBT - Mobile Telesystems Ojsc	Sell 100.00%	400,000	0.99
☰	MAR - Marriott Int'l.	Sell 100.00%	822,100	0.92
☰	WSM - Williams Sonoma Inc	Sell 100.00%	1,179,500	0.74
☰	HRH - Hilb Rogal & Hobbs Co	Sell 100.00%	1,099,100	0.71
☰	EBAY - eBay Inc.	Sell 100.00%	307,000	0.64
☰	RGP - Resources Connection Inc	Sell 100.00%	636,082	0.62
☰	SEPR - Sepracor Inc	Sell 100.00%	590,445	0.62
☰	EA - Electronic Arts Inc	Sell 100.00%	557,572	0.61
☰	WBS - Webster Financial Corp.	Sell 100.00%	662,600	0.60
☰	EV - Eaton Vance Corp	Sell 100.00%	330,600	0.31
☰	ENMC - Encore Med Corp	Sell 100.00%	1,453,132	0.18
☰	TKC - Turkcell Iletisim Hizmetleri	Sell 100.00%	58,200	0.02
☰	LVLT - Level 3 Communications Inc	Sell 100.00%	107,000	0.01