0001140361-12-036739.txt : 20120814 0001140361-12-036739.hdr.sgml : 20120814 20120814092814 ACCESSION NUMBER: 0001140361-12-036739 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120630 FILED AS OF DATE: 20120814 DATE AS OF CHANGE: 20120814 EFFECTIVENESS DATE: 20120814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DRIEHAUS CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0000938206 IRS NUMBER: 203634295 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04207 FILM NUMBER: 121029814 BUSINESS ADDRESS: STREET 1: 25 EAST ERIE ST CITY: CHICAGO STATE: IL ZIP: 60611 BUSINESS PHONE: 3125873800 MAIL ADDRESS: STREET 1: 25 EAST ERIE ST CITY: CHICAGO STATE: IL ZIP: 60611 FORMER COMPANY: FORMER CONFORMED NAME: DRIEHAUS CAPITAL MANAGEMENT INC DATE OF NAME CHANGE: 19950216 13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 6/30/2012 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Driehaus Capital Management LLC Address: 25 East Erie Street Chicago, IL 60611 Form 13F File Number: 028-04207 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Janet McWilliams Title: General Counsel, Managing Director & Secretary Phone: 312-587-3800 Signature, Place, and Date of Signing: /s/ Janet McWilliams Chicago, IL 8/14/2012 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [ ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [X] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: 13F File Number Name 028-01190 Frank Russell Company --------------- --------------------------------------------------------------- Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 492 Form 13F Information Table Value Total: $ 2,174,918 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------------- -------------- --------- -------- ------------------- ---------- -------- ------------------------ VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE --------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------ 21Vianet Group, Inc. - ADR ADR 90138A103 914 79853 SH SOLE 75605 0 4248 3D Systems Corp COM 88554D205 2198 64376 SH SOLE 12565 0 51811 3M Co. COM 88579Y101 1493 16662 SH SOLE 13244 0 3418 8x8 Inc COM 282914100 1494 355597 SH SOLE 128467 0 227130 Abb ltd - Spon Adr ADR 000375204 338 20695 SH SOLE 3700 0 16995 ACACIA RESEARCH - ACACIA TEC COM 003881307 3066 82331 SH SOLE 63342 0 18989 ACADIA PHARMACEUTICALS INC COM 004225108 1053 598402 SH SOLE 216223 0 382179 Accenture, Ltd. - A ADR G1151C101 1056 17575 SH SOLE 13486 0 4089 Acorn Factor Inc COM 004848107 224 26914 SH SOLE 0 0 26914 ACTUATE CORP COM 00508B102 208 30000 SH SOLE 0 0 30000 ADA-ES INC COM 005208103 1164 45884 SH SOLE 16545 0 29339 Advisory Board Co/The COM 00762W107 3694 74489 SH SOLE 56111 0 18378 Aegean Marine Petroleum Network, ADR Y0017S102 1595 298115 SH SOLE 31003 0 267112 Inc. AFFYMAX INC COM 00826A109 1221 94810 SH SOLE 22070 0 72740 Air Methods Corp. COM 009128307 6888 70106 SH SOLE 53255 0 16851 Airmedia Group, Inc. - ADR ADR 009411109 2367 994695 SH SOLE 0 0 994695 AKORN INC COM 009728106 3461 219486 SH SOLE 103084 0 116402 Alaska Airgroup Inc. COM 011659109 6087 169542 SH SOLE 130499 0 39043 Alexion Pharmaceuticals, Inc. COM 015351109 19088 192230 SH SOLE 145867 0 46363 Align Technology, Inc. COM 016255101 12226 365399 SH SOLE 260845 0 104554 Allergan, Inc. COM 018490102 1850 19984 SH SOLE 15328 0 4656 Alliance Resource Partners COM 01877R108 763 13600 SH SOLE 0 0 13600 ALLOT COMMUNICATIONS LTD ADR M0854Q105 19000 681985 SH SOLE 392996 0 288989 Alnylam Pharmaceuticals Inc COM 02043Q107 4823 413977 SH SOLE 240164 0 173813 Altera Corp. COM 021441100 6321 186797 SH SOLE 154979 0 31818 Altisource Portfolio Solutions SA ADR L0175J104 11671 159373 SH SOLE 118607 0 40766 Amarin Corp. PLC - ADR ADR 023111206 8042 556065 SH SOLE 438620 0 117445 Amazon.com, Inc. COM 023135106 5724 25067 SH SOLE 20507 0 4560 American Capital Agency Corp. COM 02503X105 14820 440950 SH SOLE 211848 0 229102 AMERICAN CAPITAL MORTGAGE COM 02504A104 1218 51100 SH SOLE 1553 0 49547 American Eagle Outfitters COM 02553E106 494 25041 SH SOLE 0 0 25041 American Tower Corp. COM 03027X100 1704 24375 SH SOLE 18689 0 5686 American Vanguard Corp. COM 030371108 3417 128520 SH SOLE 30665 0 97855 Amerigon Inc COM 03070L300 1714 149144 SH SOLE 53883 0 95261 ANACOR PHARMACEUTICALS INC COM 032420101 983 151426 SH SOLE 54731 0 96695 Analogic Corp. COM 032657207 5865 94603 SH SOLE 73668 0 20935 ANIXTER INTL INC NOTE 1.000% 035290AJ4 21892 20,800,000 PRN SOLE 20,800,000 0 0 2/1 ANNIE'S INC COM 03600T104 441 10530 SH SOLE 1952 0 8578 Ansys, Inc. COM 03662Q105 663 10500 SH SOLE 1418 0 9082 Antares Pharma Inc COM 036642106 510 140360 SH SOLE 0 0 140360 APOLLO COMMERCIAL REAL ESTAT COM 03762U105 759 47226 SH SOLE 0 0 47226 Apple Inc. COM 037833100 40415 69203 SH SOLE 50139 0 19064 Arctic Cat Inc. COM 039670104 5050 138134 SH SOLE 70054 0 68080 Ariad Pharmaceuticals, Inc. COM 04033A100 10788 626862 SH SOLE 486545 0 140317 ARM Holdings PLC - SP ADR ADR 042068106 6238 262190 SH SOLE 180602 0 81588 ArQule Inc. COM 04269E107 1379 232616 SH SOLE 84004 0 148612 Array Biopharma Inc COM 04269X105 2107 607269 SH SOLE 219134 0 388135 Aspen Technology Inc. COM 045327103 720 31108 SH SOLE 7780 0 23328 Athenahealth Inc COM 04685W103 1926 24331 SH SOLE 17185 0 7146 Atlas Pipeline Partners-uts. COM 049392103 586 18800 SH SOLE 0 0 18800 Atmos Energy Corp. COM 049560105 379 10800 SH SOLE 0 0 10800 Authentec Inc COM 052660107 1137 262665 SH SOLE 94757 0 167908 AVIS BUDGET GROUP INC COM 053774105 5923 389651 SH SOLE 269964 0 119687 Baidu, Inc. - SP ADR ADR 056752108 20559 178790 SH SOLE 162917 0 15873 Bally Technologies Inc COM 05874B107 6796 145654 SH SOLE 114122 0 31532 Banco Macro SA - ADR ADR 05961W105 2336 180234 SH SOLE 164373 0 15861 Banco Santander SA - Spons. ADR ADR 05964H105 127 19347 SH SOLE 0 0 19347 BANK OF AMERICA 7.25%CNV PFD L 60505682 47211 48,422 PRN SOLE 48,422 0 0

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------------- -------------- --------- -------- ------------------- ---------- -------- ------------------------ VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE --------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------ Bank of America Corp. COM 060505104 305 37302 SH SOLE 3626 0 33676 Bankrate, Inc. COM 06647F102 11122 604806 SH SOLE 442554 0 162252 BANNER CORPORATION COM 06652V208 1092 49838 SH SOLE 18027 0 31811 BE Aerospace, Inc. COM 073302101 961 22018 SH SOLE 4236 0 17782 Beam, Inc. COM 073730103 10425 166825 SH SOLE 114526 0 52299 Beazer Homes U S A Inc COM 07556Q105 536 165000 SH SOLE 20682 0 144318 Bed Bath & Beyond, Inc. COM 075896100 3889 62931 SH SOLE 43433 0 19498 BHP Billiton, Ltd. ADR 088606108 2909 44517 SH SOLE 39090 0 5427 Bill Barrett Corp COM 06846N104 386 18000 SH SOLE 1997 0 16003 Biocryst Pharmaceuticals COM 09058V103 2495 628520 SH SOLE 226968 0 401552 Biogen Idec, Inc. COM 09062X103 1595 11045 SH SOLE 6997 0 4048 Biomarin Pharmaceutical, Inc. COM 09061G101 5925 149700 SH SOLE 118417 0 31283 BIOSCRIP INC COM 09069N108 2755 370768 SH SOLE 103069 0 267699 BOFI HOLDING INC COM 05566U108 569 28800 SH SOLE 0 0 28800 BOINGO WIRELESS INC COM 09739C102 935 80494 SH SOLE 2784 0 77710 BONANZA CREEK ENERGY INC COM 097793103 2720 163562 SH SOLE 54938 0 108624 Boston Private Financial Holdings COM 101119105 5894 660027 SH SOLE 508331 0 151696 Boston Properties, Inc. COM 101121101 6230 57487 SH SOLE 40628 0 16859 Bristol-Myers Squibb Co. COM 110122108 9329 259486 SH SOLE 224000 0 35486 Brookdale Senior Living, Inc. COM 112463104 2937 165551 SH SOLE 116924 0 48627 BROOKFIELD INFRASTRUCTURE ADR G16252101 446 13300 SH SOLE 1288 0 12012 Brown Shoe Company COM 115736100 155 12000 SH SOLE 0 0 12000 Brown-Forman Corp. - B COM 115637209 7457 76994 SH SOLE 54704 0 22290 Brunswick Corp. COM 117043109 3376 151936 SH SOLE 107320 0 44616 BUILDERS FIRSTSOURCE INC COM 12008R107 1167 246239 SH SOLE 19100 0 227139 C&J Energy Services, Inc. COM 12467B304 222 12000 SH SOLE 0 0 12000 Cabot Oil & Gas Corp. - Cl. A COM 127097103 2849 72300 SH SOLE 11581 0 60719 CALAVO GROWERS INC COM 128246105 1003 39221 SH SOLE 14163 0 25058 CAMELOT INFORMATION SYS-ADS ADR 13322V105 252 108675 SH SOLE 0 0 108675 Cameron International Corp. COM 13342B105 10525 246437 SH SOLE 202560 0 43877 Capstead Mortgage Corp. COM 14067E506 1052 75600 SH SOLE 0 0 75600 CARDTRONICS INC COM 14161H108 1934 64017 SH SOLE 45156 0 18861 Caribou Coffee Co Inc COM 142042209 1034 80063 SH SOLE 28890 0 51173 Carmike Cinemas Inc COM 143436400 2508 171180 SH SOLE 16645 0 154535 Carpenter Technology Corp. COM 144285103 16148 337536 SH SOLE 270364 0 67172 Catamaran Corp. COM 148887102 24608 248013 SH SOLE 188530 0 59483 CBS Corp. - B COM 124857202 495 15092 SH SOLE 1455 0 13637 Celadon Group Inc COM 150838100 2482 151522 SH SOLE 54706 0 96816 Celgene Corp. COM 151020104 2772 43200 SH SOLE 39647 0 3553 Cepheid Inc COM 15670R107 8672 194229 SH SOLE 146757 0 47472 Cerner Corp. COM 156782104 10602 128264 SH SOLE 96258 0 32006 Cerus Corp. COM 157085101 2278 686240 SH SOLE 247656 0 438584 CF Industries Holdings, Inc. COM 125269100 6092 31443 SH SOLE 24076 0 7367 Chart Industries, Inc. COM 16115Q308 17478 254190 SH SOLE 197720 0 56470 Check Point Software ADR M22465104 11870 239333 SH SOLE 200498 0 38835 Technologies, Ltd. CHEFS' WAREHOUSE INC/THE COM 163086101 838 46436 SH SOLE 16758 0 29678 CHEMTURA CORP COM 163893209 7400 510323 SH SOLE 393105 0 117218 CHENIERE ENERGY INC COM 16411R208 5919 401585 SH SOLE 302413 0 99172 CHESAPEAKE MIDSTREAM PARTNER COM 16524K108 310 11400 SH SOLE 0 0 11400 ChipMOS TECHNOLOGIES Bermuda Ltd ADR G2110R114 660 62416 SH SOLE 22546 0 39870 Church & Dwight Co., Inc. COM 171340102 3348 60363 SH SOLE 28173 0 32190 Cinemark Holdings, Inc. COM 17243V102 689 30155 SH SOLE 7537 0 22618 Cirrus Logic, Inc. COM 172755100 1506 50455 SH SOLE 8954 0 41501 CITIGROUP INC UNIT 172967416 4278 50,000 PRN SOLE 50,000 0 0 99/99/9999 CITIZENS REPUBLIC BANCORP INC COM 174420307 378 22078 SH SOLE 4896 0 17182 Clean Energy Fuels Corp. COM 184499101 372 24000 SH SOLE 2663 0 21337 CLOVIS ONCOLOGY INC COM 189464100 1563 72104 SH SOLE 26014 0 46090 Coach, Inc. COM 189754104 749 12808 SH SOLE 9826 0 2982

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------------- -------------- --------- -------- ------------------- ---------- -------- ------------------------ VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE --------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------ COBALT INTERNATIONAL ENERGY COM 19075F106 1089 46324 SH SOLE 7275 0 39049 Coca-Cola Co./The COM 191216100 7485 95728 SH SOLE 76703 0 19025 COLONY FINANCIAL INC COM 19624R106 761 44000 SH SOLE 0 0 44000 COMMVAULT SYSTEMS INC COM 204166102 5035 101570 SH SOLE 77146 0 24424 Companhia De Bebidas - PREF ADR ADR 20441W203 609 15900 SH SOLE 1541 0 14359 Concho Resources, Inc. COM 20605P101 10361 121717 SH SOLE 100905 0 20812 Concur Technologies Inc. COM 206708109 5520 81056 SH SOLE 61107 0 19949 Conn's Inc COM 208242107 2955 199674 SH SOLE 62084 0 137590 Continental Resources, Inc. COM 212015101 798 11979 SH SOLE 1160 0 10819 Copa Holdings SA - A ADR P31076105 14816 179626 SH SOLE 148888 0 30738 CoreLogic Inc COM 21871D103 474 25900 SH SOLE 0 0 25900 CORONADO BIOSCIENCES INC COM 21976U109 912 180628 SH SOLE 65260 0 115368 Costco Wholesale Corp. COM 22160K105 9907 104287 SH SOLE 86386 0 17901 Cott Corporation ADR 22163N106 507 61800 SH SOLE 0 0 61800 Covidien PLC ADR G2554F113 2446 45693 SH SOLE 39987 0 5706 Credicorp, Ltd. ADR G2519Y108 9696 77019 SH SOLE 72924 0 4095 CRIMSON EXPLORATION INC COM 22662K207 3098 674933 SH SOLE 163549 0 511384 Crosstex Energy Lp COM 22765U102 225 13700 SH SOLE 0 0 13700 Crown Castle International Corp. COM 228227104 1226 20905 SH SOLE 8833 0 12072 CSX Corp. COM 126408103 1104 49395 SH SOLE 37894 0 11501 Cubist Pharmaceuticals, Inc. COM 229678107 6530 172247 SH SOLE 124040 0 48207 Cummins, Inc. COM 231021106 3271 33750 SH SOLE 30840 0 2910 CYANOTECH CORP COM 232437301 700 101183 SH SOLE 36360 0 64823 Cyberonics COM 23251P102 10278 228705 SH SOLE 172581 0 56124 Cynosure Inc-Class A COM 232577205 3125 147775 SH SOLE 40492 0 107283 Datalink Corp COM 237934104 1406 147263 SH SOLE 53201 0 94062 Dean Foods Co. COM 242370104 875 51355 SH SOLE 3005 0 48350 Deckers Outdoor Corp. COM 243537107 3004 68265 SH SOLE 55811 0 12454 Delta Air Lines, Inc. COM 247361702 366 33400 SH SOLE 3233 0 30167 DELTEK INC COM 24784L105 198 17114 SH SOLE 0 0 17114 DEMANDWARE COM 24802Y105 3961 167199 SH SOLE 85440 0 81759 Diageo PLC - SP ADR ADR 25243Q205 1763 17104 SH SOLE 13023 0 4081 Dick's Sporting Goods, Inc. COM 253393102 482 10034 SH SOLE 1764 0 8270 DSW, Inc. COM 23334L102 17981 330537 SH SOLE 257832 0 72705 DUNKIN' BRANDS GROUP INC COM 265504100 622 18115 SH SOLE 4530 0 13585 DUPONT FABROS TECHNOLOGY COM 26613Q106 488 17100 SH SOLE 0 0 17100 Dxp Enterprises Inc COM 233377407 1863 44914 SH SOLE 16230 0 28684 Dycom Industries Inc. COM 267475101 1166 62661 SH SOLE 22605 0 40056 DYNAVAX TECHNOLOGIES CORP COM 268158102 2069 479007 SH SOLE 172896 0 306111 Eagle Materials Inc COM 26969P108 3318 88849 SH SOLE 68315 0 20534 East West Bancorp Inc COM 27579R104 939 40019 SH SOLE 3856 0 36163 Ebay, Inc. COM 278642103 907 21600 SH SOLE 2093 0 19507 Ecopetrol SA - SP ADR ADR 279158109 7358 131893 SH SOLE 121223 0 10670 Edwards Lifesciences Corp. COM 28176E108 13983 135359 SH SOLE 102559 0 32800 Elan Corp. PLC ADR 284131208 5486 375949 SH SOLE 291661 0 84288 Elizabeth Arden Inc COM 28660G106 6643 171175 SH SOLE 132804 0 38371 ELLIE MAE INC COM 28849P100 902 50084 SH SOLE 18111 0 31973 Endologix Inc COM 29266S106 12403 803305 SH SOLE 468279 0 335026 Energy Transfer Partners L.P. COM 29273R109 1061 24000 SH SOLE 0 0 24000 ENERGY XXI BERMUDA ADR G10082140 4882 156030 SH SOLE 110185 0 45845 Enterprise Products Prtns LP COM 293792107 3351 65400 SH SOLE 0 0 65400 ENTROPIC COMMUNICATIONS INC COM 29384R105 163 29000 SH SOLE 0 0 29000 EOG Resources, Inc. COM 26875P101 1134 12580 SH SOLE 1735 0 10845 EQT MIDSTREAM PARTNERS LP COM 26885B100 450 18700 SH SOLE 0 0 18700 EQUINIX NOTE 29444UAG1 25316 15,000,000 PRN SOLE 15,000,000 0 0 3.000%10/1 Equinix, Inc. COM 29444U502 13277 75590 SH SOLE 55562 0 20028 EV ENERGY PARTNER LP COM 26926V107 606 12000 SH SOLE 0 0 12000 Exact Sciences Corp COM 30063P105 3344 311986 SH SOLE 112610 0 199376 ExacTarget, Inc. COM 30064K105 4171 190794 SH SOLE 148185 0 42609

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------------- -------------- --------- -------- ------------------- ---------- -------- ------------------------ VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE --------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------ Expedia Inc COM 30212P303 995 20700 SH SOLE 2301 0 18399 F5 Networks, Inc. COM 315616102 4640 46601 SH SOLE 37846 0 8755 Facebook, Inc. - A COM 30303M102 2393 76894 SH SOLE 68065 0 8829 Family Dollar Stores, Inc. COM 307000109 7680 115517 SH SOLE 82406 0 33111 Fidelity National COM 31620R105 193 10000 SH SOLE 0 0 10000 FIESTA RESTAURANT GROUP COM 31660B101 1666 125906 SH SOLE 45518 0 80388 Fifth & Pacific Co Inc COM 316645100 357 33234 SH SOLE 0 0 33234 Fifth Third Bancorp COM 316773100 752 56094 SH SOLE 8408 0 47686 First Republic Bank COM 33616C100 989 29447 SH SOLE 5081 0 24366 FIRSTBANK CORP/ALMA MICH - COM DDH61G100 0 55125 SH SOLE 55125 0 0 fractional shares Flotek Industries Inc COM 343389102 5388 576883 SH SOLE 369777 0 207106 Fomento Economico Mexicano SAB ADR 344419106 19780 221629 SH SOLE 205406 0 16223 de CV Foot Locker, Inc. COM 344849104 483 15779 SH SOLE 2713 0 13066 FORD MTR CO DEL NOTE 345370CN8 54906 39,500,000 PRN SOLE 39,500,000 0 0 4.250%11/1 FORUM ENERGY TECHNOLOGIES INC COM 34984V100 2633 133725 SH SOLE 94834 0 38891 Freeport McMoran Copper & Gold, COM 35671D857 5105 149847 SH SOLE 137149 0 12698 Inc. FRESH MARKET INC/THE COM 35804H106 2078 38743 SH SOLE 7073 0 31670 Frontline, Ltd. ADR G3682E127 164 36050 SH SOLE 0 0 36050 Fuel Systems Solutions Inc COM 35952W103 1141 68384 SH SOLE 24701 0 43683 GENERAL MTRS COM 37045V100 14539 737,304 SH SOLE 737,304 0 0 GENERAL MTRS CO *W EXP 37045V118 287 26,046 SH SOLE 26,046 0 0 07/10/201 GENERAL MTRS CO *W EXP 37045V126 7880 1,162,201 SH SOLE 1,162,201 0 0 07/10/201 GENERAL MTRS CO JR PFD CNV SRB 37045V209 2656 80,000 PRN SOLE 80,000 0 0 Genesee & Wyoming, Inc. COM 371559105 4485 84878 SH SOLE 58850 0 26028 Genesis Energy Lp COM 371927104 308 10600 SH SOLE 0 0 10600 GENMARK DIAGNOSTICS INC COM 372309104 391 90000 SH SOLE 0 0 90000 Georesources Inc COM 372476101 2096 57246 SH SOLE 20665 0 36581 Gerdau SA - ADR ADR 373737105 1881 214636 SH SOLE 187794 0 26842 Gilead Sciences, Inc. COM 375558103 3239 63171 SH SOLE 55768 0 7403 GlaxoSmithKline PLC ADR 37733W105 9398 206239 SH SOLE 195264 0 10975 GLOBAL CASH ACCESS INC COM 378967103 1803 250008 SH SOLE 71962 0 178046 GLU MOBILE INC COM 379890106 6616 1192068 SH SOLE 332993 0 859075 GNC Holdings, Inc. COM 36191G107 23491 599260 SH SOLE 461169 0 138091 GOLAR LNG PARTNERS LP ADR Y2745C102 464 14336 SH SOLE 0 0 14336 Great Lakes Dredge & Dock CO COM 390607109 1674 235160 SH SOLE 84975 0 150185 Grupo Aeroportuario Sureste SAB ADR 40051E202 10025 128414 SH SOLE 121735 0 6679 de CV GUIDEWIRE SOFTWARE INC COM 40171v100 782 27818 SH SOLE 4531 0 23287 Gulfmark Offshore, Inc. COM 402629208 5044 148168 SH SOLE 101490 0 46678 Gulfport Energy Corp COM 402635304 274 13300 SH SOLE 0 0 13300 H&E EQUIPMENT SERVICES INC COM 404030108 1256 83553 SH SOLE 23756 0 59797 Hain Celestial Group Inc. COM 405217100 7586 137827 SH SOLE 100452 0 37375 HALCON RESOURCES CORP COM 40537Q209 1199 127022 SH SOLE 45887 0 81135 Halliburton Co. COM 406216101 5417 190809 SH SOLE 169682 0 21127 HDFC Bank, Ltd. - ADR ADR 40415F101 1166 35781 SH SOLE 35781 0 0 Headwaters Inc COM 42210P102 1010 196055 SH SOLE 0 0 196055 Health Care Reit Inc. COM 42217K106 1084 18600 SH SOLE 0 0 18600 Healthcare Services Group COM 421906108 3127 161336 SH SOLE 124515 0 36821 HEALTHSTREAM INC COM 42222N103 9105 350175 SH SOLE 188571 0 161604 Heinz (H.J.) Co. COM 423074103 1557 28629 SH SOLE 22895 0 5734 Helix Energy Solutions Grp., Inc. COM 42330P107 5030 306547 SH SOLE 238340 0 68207 Helmerich & Payne COM 423452101 2978 68500 SH SOLE 62760 0 5740 Hershey Co. COM 427866108 7236 100454 SH SOLE 64584 0 35870 Hertz Global Holdings, Inc. COM 42805T105 1176 91912 SH SOLE 15798 0 76114

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------------- -------------- --------- -------- ------------------- ---------- -------- ------------------------ VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE --------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------ HFF INC - CLASS A COM 40418F108 2269 162774 SH SOLE 58737 0 104037 HMS Holdings Corp. COM 40425J101 6270 188237 SH SOLE 135538 0 52699 HOME LOAN SERVICING SOLUTION ADR G6648D109 892 66600 SH SOLE 0 0 66600 Hornbeck Offshore Services COM 440543106 8959 231018 SH SOLE 172577 0 58441 Hovnanian Enterprises - A COM 442487203 517 178200 SH SOLE 0 0 178200 Hunt (JB) Transport Svcs Inc COM 445658107 601 10080 SH SOLE 977 0 9103 IGNITE RESTAURANT GROUP INC COM 451730105 1244 68703 SH SOLE 24831 0 43872 Imax Corp. ADR 45245E109 10061 418653 SH SOLE 288956 0 129697 IMPERVA INC COM 45321L100 1870 64880 SH SOLE 23448 0 41432 Incyte Corp. COM 45337C102 7318 322378 SH SOLE 234173 0 88205 INDIA FUND INC COM 454089103 1064 52226 SH SOLE 32936 0 19290 INFOBLOX INC COM 45672H104 2295 100066 SH SOLE 36114 0 63952 INNERWORKINGS INC COM 45773Y105 3342 247016 SH SOLE 77020 0 169996 Intel Corp. COM 458140100 843 31639 SH SOLE 10227 0 21412 International Game Technology COM 459902102 334 21200 SH SOLE 2052 0 19148 INTERXION HOLDING NV ADR N47279109 1484 81971 SH SOLE 15770 0 66201 Intuitive Surgical, Inc. COM 46120E602 12430 22445 SH SOLE 16668 0 5777 INVESCO MORTGAGE CAPITAL COM 46131B100 1058 57700 SH SOLE 0 0 57700 Ipc The Hospitalist Co COM 44984A105 659 14551 SH SOLE 0 0 14551 IPG Photonics Corp. COM 44980X109 4195 96236 SH SOLE 68753 0 27483 IROBOT CORP COM 462726100 1874 84598 SH SOLE 59849 0 24749 Ishares MSCI Emerging Markets PUT 464287954 5870 150000 SH PUT SOLE 0 0 150000 Index Fund Ishares MSCI Emerging Markets PUT 464287954 3913 100000 SH PUT SOLE 0 0 100000 Index Fund IShares Russell Micro Cap Inx COM 464288869 657 13132 SH SOLE 11848 0 1284 Isle of Capri Casinos COM 464592104 600 97317 SH SOLE 5925 0 91392 Itau Unibanco Holding - PREF ADR ADR 465562106 4825 346538 SH SOLE 309056 0 37482 Jack in the Box Inc COM 466367109 758 27200 SH SOLE 2555 0 24645 Jamba Inc COM 47023A101 195 100000 SH SOLE 0 0 100000 Jazz Pharmaceuticals PLC ADR G50871105 7173 159346 SH SOLE 113826 0 45520 Joy Global, Inc. COM 481165108 9678 170589 SH SOLE 138454 0 32135 Kenexa Corp. COM 488879107 9652 332479 SH SOLE 197142 0 135337 Key Tronic Corp. COM 493144109 1636 198583 SH SOLE 71669 0 126914 Kinder Morgan Energy Partners COM 494550106 1297 16500 SH SOLE 0 0 16500 Kirby Corp. COM 497266106 4433 94168 SH SOLE 67357 0 26811 Kodiak Oil & Gas Corp COM 50015Q100 4511 549452 SH SOLE 325559 0 223893 Kraft Foods, Inc. - A COM 50075N104 2561 66313 SH SOLE 50872 0 15441 Krispy Kreme Doughnuts Inc COM 501014104 1428 223479 SH SOLE 80540 0 142939 Laredo Petroleum Holdings, Inc. COM 516806106 789 37929 SH SOLE 33736 0 4193 Las Vegas Sands Corp. COM 517834107 1152 26499 SH SOLE 4856 0 21643 Las Vegas Sands Corp. CALL 517834907 435 10000 SH CALL SOLE 0 0 10000 Leapfrog Enterprises Inc COM 52186N106 11369 1108063 SH SOLE 660680 0 447383 LEAR CORP COM 521865204 1935 51,278 SH SOLE 51,278 0 0 Lender Processing Services COM 52602E102 1179 46645 SH SOLE 6526 0 40119 Lennar Corp. COM 526057104 1891 61192 SH SOLE 9645 0 51547 Lexicon Pharmaceuticals Inc COM 528872104 1096 488017 SH SOLE 176416 0 311601 Life Time Fitness, Inc. COM 53217R207 2119 45556 SH SOLE 32185 0 13371 Lions Gate Entertainment Cor ADR 535919203 3731 253106 SH SOLE 163838 0 89268 Liquidity Services, Inc. COM 53635B107 8951 174896 SH SOLE 100633 0 74263 Liveperson Inc COM 538146101 3455 181266 SH SOLE 65443 0 115823 LKQ Corp. COM 501889208 4126 123521 SH SOLE 81893 0 41628 LUCENT TECH DBCV 2.875% 549463AG2 17044 22,500,000 PRN SOLE 22,500,000 0 0 6/1 Lululemon Athletica, Inc. ADR 550021109 2480 41592 SH SOLE 33445 0 8147 LUMBER LIQUIDATORS HOLDINGS COM 55003T107 6619 195886 SH SOLE 130731 0 65155 M/I Homes Inc. COM 55305B101 4170 240778 SH SOLE 63448 0 177330 Macy's, Inc. COM 55616P104 1291 37593 SH SOLE 24056 0 13537 Magnum Hunter Resources Corp COM 55973B102 554 132635 SH SOLE 24484 0 108151 MANITEX INTERNATIONAL INC COM 563420108 1534 182563 SH SOLE 50405 0 132158

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------------- -------------- --------- -------- ------------------- ---------- -------- ------------------------ VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE --------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------ MarineMax Inc. COM 567908108 2218 233270 SH SOLE 84210 0 149060 Market Leader Inc COM 57056R103 102 20000 SH SOLE 0 0 20000 Masco Corp. COM 574599106 276 19925 SH SOLE 1940 0 17985 Mastercard, Inc. - A COM 57636Q104 6157 14314 SH SOLE 11979 0 2335 MATADOR RESOURCES CO COM 576485205 1718 159945 SH SOLE 57782 0 102163 Mattel, Inc. COM 577081102 4063 125256 SH SOLE 85917 0 39339 McDonald's Corp. COM 580135101 8826 99691 SH SOLE 84768 0 14923 Mdc Holdings Inc. COM 552676108 2556 78236 SH SOLE 8292 0 69944 Medicines Company COM 584688105 2256 98331 SH SOLE 69474 0 28857 MEDIDATA SOLUTIONS INC COM 58471A105 3591 109917 SH SOLE 77676 0 32241 Medivation, Inc. COM 58501N101 12267 134217 SH SOLE 98129 0 36088 Melco Crown Entertainment - ADR ADR 585464100 1318 114392 SH SOLE 12874 0 101518 Mellanox Technologies, Ltd. ADR M51363113 20931 295547 SH SOLE 132930 0 162617 Mens Warehouse Inc COM 587118100 2045 72689 SH SOLE 51402 0 21287 MercadoLibre, Inc. ADR 58733R102 5885 77623 SH SOLE 64251 0 13372 MERRIMACK PHARMACEUTICALS IN COM 590328100 2543 349355 SH SOLE 247153 0 102202 MGM Resorts International CALL 552953901 20 20000 SH CALL SOLE 0 0 20000 Michael Kors Holdings, Ltd. ADR G60754101 7546 180339 SH SOLE 132618 0 47721 MICROSOFT CORP COM 594918104 10116 330,698 SH SOLE 321,295 0 9403 Millenial Media COM 60040N105 499 37800 SH SOLE 2313 0 35487 Mitcham Industries Inc COM 606501104 926 54556 SH SOLE 19705 0 34851 Mitek Systems Inc. COM 606710200 529 136017 SH SOLE 6798 0 129219 Mobile Telesystems - SP ADR ADR 607409109 13099 761568 SH SOLE 721285 0 40283 Model Imperial Inc COM 60689B107 395 30425 SH SOLE 4223 0 26202 MOLSON COORS COM 60871R209 127 30,400 SH SOLE 30,400 0 0 Monolithic Power Systems COM 609839105 2232 112457 SH SOLE 40574 0 71883 Monsanto Co. COM 61166W101 1999 24152 SH SOLE 18824 0 5328 Monster Beverage Corp. COM 611740101 16843 236561 SH SOLE 180918 0 55643 Movado Group COM 624580106 9506 379941 SH SOLE 253993 0 125948 MRC Global, Inc. COM 55345K103 3850 180913 SH SOLE 126668 0 54245 Multimedia Games, Inc. COM 625453105 9148 653419 SH SOLE 390553 0 262866 National Semiconductor Corp COM 63861C109 3000 139388 SH SOLE 25854 0 113534 Nektar Therapeutics COM 640268108 1725 213746 SH SOLE 77128 0 136618 NEONODE INC ADR 64051M402 172 28000 SH SOLE 6212 0 21788 Netsuite, Inc. COM 64118Q107 13897 253740 SH SOLE 194269 0 59471 Neurocrine Biosciences COM 64125C109 936 118540 SH SOLE 42883 0 75657 NewCastle Investment Corp COM 65105M108 1842 274996 SH SOLE 11525 0 263471 NEWLINK GENETICS CORP COM 651511107 711 47473 SH SOLE 17128 0 30345 Newmont Mining Corp. COM 651639106 1856 38263 SH SOLE 29363 0 8900 Nike, Inc. - B COM 654106103 1401 15956 SH SOLE 12240 0 3716 NOVADAQ TECHNOLOGIES INC ADR 66987G102 1095 161005 SH SOLE 58172 0 102833 Nu Skin Enterprises, Inc. COM 67018T105 12324 262775 SH SOLE 212420 0 50355 Nuvasive, Inc. COM 670704105 4863 191767 SH SOLE 117997 0 73770 NXP Semiconductors NV ADR N6596X109 351 15121 SH SOLE 1471 0 13650 O Y O Geospace Corp COM 671074102 1398 15540 SH SOLE 5614 0 9926 Ocwen Financial Corp COM 675746309 3423 182279 SH SOLE 28360 0 153919 ODYSSEY MARINE EXPLORATION COM 676118102 2042 548084 SH SOLE 176974 0 371110 Old Dominion Freight Line COM 679580100 5421 125228 SH SOLE 95020 0 30208 Omega Healthcare Investors COM 681936100 461 20500 SH SOLE 0 0 20500 On Assignment Inc. COM 682159108 7932 496966 SH SOLE 260938 0 236028 Oneok Partners LP COM 68268N103 1054 19600 SH SOLE 0 0 19600 Orasure Technologies Inc COM 68554V108 1177 104732 SH SOLE 37839 0 66893 OREXIGEN THERAPEUTICS INC COM 686164104 936 168964 SH SOLE 61094 0 107870 Orient Express Hotels ADR G67743107 7076 845358 SH SOLE 0 0 845358 Oxford Industries Inc. COM 691497309 2447 54746 SH SOLE 19787 0 34959 PACIRA PHARMACEUTICALS INC COM 695127100 1060 66114 SH SOLE 23896 0 42218 PDF Solutions COM 693282105 355 36000 SH SOLE 0 0 36000 Penske Automotive Group, Inc. COM 70959W103 546 25683 SH SOLE 10851 0 14832 Perrigo Co. COM 714290103 7279 61723 SH SOLE 51241 0 10482 Petroleo Brasileiro SA ADR 71654V408 11925 635301 SH SOLE 601489 0 33812

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------------- -------------- --------- -------- ------------------- ---------- -------- ------------------------ VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE --------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------ Pfizer, Inc. COM 717081103 1530 66532 SH SOLE 51042 0 15490 Pharmacyclics Inc COM 716933106 14592 267200 SH SOLE 114249 0 152951 Pioneer Natural Resources Co. COM 723787107 8709 98734 SH SOLE 77867 0 20867 Plains All American Pipeline LP COM 726503105 1721 21300 SH SOLE 0 0 21300 Plains Exploration & Production COM 726505100 3042 86474 SH SOLE 53140 0 33334 Co. Polaris Industries COM 731068102 4564 63844 SH SOLE 43501 0 20343 Praxair, Inc. COM 74005P104 1812 16669 SH SOLE 12785 0 3884 Precision Castparts Corp. COM 740189105 3932 23907 SH SOLE 20185 0 3722 Procera Networks Inc COM 74269U203 10330 424922 SH SOLE 158168 0 266754 PROTO LABS INC COM 743713109 4045 140630 SH SOLE 44257 0 96373 Pulte Corp. COM 745867101 1528 142789 SH SOLE 33848 0 108941 Qualcomm, Inc. COM 747525103 10678 191776 SH SOLE 165291 0 26485 Questcor Pharmaceuticals, Inc. COM 74835Y101 10649 200010 SH SOLE 130453 0 69557 Quimica y Minera Chile - SP ADR ADR 833635105 2367 42490 SH SOLE 37347 0 5143 Rackspace Hosting, Inc. COM 750086100 10460 238053 SH SOLE 185222 0 52831 Radware Ltd ADR M81873107 7065 184516 SH SOLE 135012 0 49504 Range Resources Corp COM 75281A109 1670 27000 SH SOLE 3951 0 23049 RBC Bearings Inc COM 75524B104 1940 41022 SH SOLE 29017 0 12005 REACHLOCAL INC COM 75525F104 424 38574 SH SOLE 0 0 38574 REALD INC COM 75604L105 856 57200 SH SOLE 6216 0 50984 REGIONS FINANCIAL CORP COM 7591EP100 622 92115 SH SOLE 12114 0 80001 Rentech Inc COM 760112102 1091 529375 SH SOLE 191035 0 338340 Resmed, Inc. COM 761152107 402 12900 SH SOLE 3240 0 9660 RESPONSYS INC COM 761248103 654 53941 SH SOLE 0 0 53941 Rex Energy Corp COM 761565100 1044 93100 SH SOLE 8578 0 84522 RITE AID CORP COM 767754104 4435 3,168,062 SH SOLE 2,736,701 0 431361 Riverbed Technology, Inc. COM 768573107 8405 520429 SH SOLE 423574 0 96855 Ross Stores, Inc. COM 778296103 6056 96946 SH SOLE 55248 0 41698 Royal Gold, Inc. COM 780287108 4690 59824 SH SOLE 40761 0 19063 RPC Inc. COM 749660106 190 16000 SH SOLE 4007 0 11993 RUSH ENTERPRISES INC-CL A COM 781846209 3806 232782 SH SOLE 181932 0 50850 Ryder System, Inc. COM 783549108 2825 78439 SH SOLE 66723 0 11716 Ryland Group Inc. COM 783764103 6353 248363 SH SOLE 184044 0 64319 S & P 500 Depositary Receipt PUT 78462F953 408 3000 SH PUT SOLE 0 0 3000 S & P 500 Depositary Receipt PUT 78462F953 640 4700 SH PUT SOLE 0 0 4700 S & P 500 Depositary Receipt PUT 78462F953 327 2400 SH PUT SOLE 0 0 2400 SABRA HEALTH CARE REIT INC COM 78573L106 980 57272 SH SOLE 0 0 57272 Saia Inc COM 78709Y105 1864 85140 SH SOLE 30730 0 54410 Salesforce.com, Inc. COM 79466L302 6650 48097 SH SOLE 42168 0 5929 Salix Pharmaceuticals, Ltd. COM 795435106 3110 57136 SH SOLE 33615 0 23521 Santarus Inc COM 802817304 2468 348056 SH SOLE 34304 0 313752 Schiff Nutrition International COM 806693107 1604 89349 SH SOLE 29961 0 59388 Inc SEACUBE CONTAINER LEASING LT COM G79978105 1997 116974 SH SOLE 42230 0 74744 Seattle Genetics Inc. COM 812578102 3418 134613 SH SOLE 104452 0 30161 Select Comfort Corp. COM 81616X103 3512 167855 SH SOLE 130071 0 37784 Shire PLC - ADR ADR 82481R106 1392 16111 SH SOLE 12357 0 3754 Skechers USA, Inc. - A COM 830566105 442 21700 SH SOLE 0 0 21700 Skyworks Solutions, Inc. COM 83088M102 707 25870 SH SOLE 4605 0 21265 Smart Balance Inc COM 83169Y108 1542 164221 SH SOLE 57511 0 106710 Sodastream International, Ltd. ADR M9068E105 8966 218854 SH SOLE 5930 0 212924 Solarwinds, Inc. COM 83416B109 17297 397081 SH SOLE 303396 0 93685 Sonic Corp. COM 835451105 190 19000 SH SOLE 0 0 19000 SOURCEFIRE INC COM 83616T108 7673 149276 SH SOLE 106618 0 42658 Southern Copper Corp. COM 84265V105 9624 305441 SH SOLE 289358 0 16083 Spdr DJ Wilshire Intl Real E COM 78463X863 542 14742 SH SOLE 0 0 14742 SPDR S&P 500 ETF TRUST PUT 78462F953 3646 2,532 SH PUT SOLE 2,532 0 0 SPDR S&P 500 ETF TRUST PUT 78462F953 2440 1,220 SH PUT SOLE 1,220 0 0 Spectranetics Corp. COM 84760C107 4550 398439 SH SOLE 100042 0 298397

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------------- -------------- --------- -------- ------------------- ---------- -------- ------------------------ VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE --------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------ Spirit AeroSystems Holdings, COM 848574109 9511 399102 SH SOLE 327683 0 71419 Inc. - A SPIRIT AIRLINES INC COM 848577102 5040 259007 SH SOLE 156579 0 102428 Splunk, Inc. COM 848637104 5111 181871 SH SOLE 137375 0 44496 SPS COMMERCE INC COM 78463M107 1647 54198 SH SOLE 19601 0 34597 Staar Surgical Co. COM 852312305 5104 656909 SH SOLE 355827 0 301082 Stage Stores Inc. COM 85254C305 330 18000 SH SOLE 0 0 18000 Standard Pacific Corp. COM 85375C101 2124 343167 SH SOLE 29883 0 313284 Starbucks Corp. COM 855244109 8811 165248 SH SOLE 140481 0 24767 Starwood Hotels & Resorts COM 85590A401 729 13753 SH SOLE 2645 0 11108 Worldwide STARWOOD PROPERTY TRUST INC COM 85571B105 1068 50100 SH SOLE 0 0 50100 Stratasys, Inc. COM 862685104 8214 165939 SH SOLE 120105 0 45834 SUNESIS PHARMACEUTICALS INC COM 867328601 488 169862 SH SOLE 61279 0 108583 SUNPOWER CORP DBCV 4.500% 867652AE9 48136 55,170,000 PRN SOLE 55,170,000 0 0 3/1 Sunrise Senior Living Inc. COM 86768K106 1029 141206 SH SOLE 50965 0 90241 SUNTECH PWR HLDGS CO NOTE 3.000% 86800CAE4 25116 37,072,000 PRN SOLE 37,072,000 0 0 3/1 SUSSER HOLDINGS CORP COM 869233106 2372 63822 SH SOLE 23053 0 40769 Synageva BioPharma Corp COM 87159A103 1953 48145 SH SOLE 34018 0 14127 Syneron Medical Ltd ADR M87245102 1318 126928 SH SOLE 46406 0 80522 Synta Pharmaeuticals Corp COM 87162T206 2054 375572 SH SOLE 135655 0 239917 Taiwan Semiconductor - ADR ADR 874039100 15396 1102895 SH SOLE 1044145 0 58750 Tal International Group Inc COM 874083108 5831 174122 SH SOLE 131412 0 42710 Tata Motors, Ltd. - SP ADR ADR 876568502 7575 344867 SH SOLE 310939 0 33928 Team Inc. COM 878155100 1612 51696 SH SOLE 18674 0 33022 TEARLAB CORP COM 878193101 823 256349 SH SOLE 92380 0 163969 Tempur-Pedic International, Inc. COM 88023U101 2141 91550 SH SOLE 83670 0 7880 Tenaris SA ADR 88031M109 2903 83010 SH SOLE 78551 0 4459 Tenneco, Inc. COM 880349105 799 29798 SH SOLE 21052 0 8746 TERADATA CORP COM 88076W103 1076 14948 SH SOLE 1914 0 13034 Teradyne, Inc. COM 880770102 2813 200052 SH SOLE 182565 0 17487 Terex Corp. COM 880779103 5817 326242 SH SOLE 260032 0 66210 TESARO INC COM 881569107 349 24948 SH SOLE 11966 0 12982 Teva Pharmaceutical Industries, ADR 881624209 8597 217921 SH SOLE 195509 0 22412 Ltd. - SP ADR Thermon Group Holdings Inc COM 88362T103 1409 68041 SH SOLE 24569 0 43472 THRESHOLD PHARMACEUTICALS COM 885807206 4117 556326 SH SOLE 181199 0 375127 Tibco Software Inc COM 88632Q103 623 20812 SH SOLE 3306 0 17506 Tidewater, Inc. COM 886423102 7166 154582 SH SOLE 136876 0 17706 TILLY'S INC-CLASS A SHRS COM 886885102 1486 92573 SH SOLE 28674 0 63899 Titan Machinery Inc COM 88830R101 12531 412616 SH SOLE 259349 0 153267 Toll Brothers Inc. COM 889478103 901 30300 SH SOLE 2933 0 27367 TOWERSTREAM CORP COM 892000100 703 169459 SH SOLE 30783 0 138676 TPC GROUP INC COM 89236Y104 2293 62064 SH SOLE 22407 0 39657 Transglobe Energy Corp ADR 893662106 141 15757 SH SOLE 0 0 15757 Treehouse Foods, Inc. COM 89469A104 3094 49678 SH SOLE 34082 0 15596 TREX CO. INC NOTE 6.000% 89531PAA3 1,698 1,229,000 PRN SOLE 1,229,000 0 0 7/0 TRIANGLE PETROLEUM CORP COM 89600B201 1030 184519 SH SOLE 66688 0 117831 TRI-TECH HOLDING INC ADR G9103F106 355 88731 SH SOLE 0 0 88731 Triumph Group, Inc. COM 896818101 11870 210944 SH SOLE 151601 0 59343 TUCOWS INC ADR 898697107 1077 978762 SH SOLE 0 0 978762 TW Telecom, Inc. COM 87311L104 1313 51182 SH SOLE 6614 0 44568 TWO HARBORS INVESTMENT CORP COM 90187B101 1183 114200 SH SOLE 0 0 114200 UBIQUITI NETWORKS INC COM 90347A100 398 27907 SH SOLE 5796 0 22111 Ulta Salon, Cosmetics & COM 90384S303 14708 157507 SH SOLE 102947 0 54560 Fragrance, Inc. Ultimate Software Group Inc. COM 90385D107 11025 123974 SH SOLE 86883 0 37091

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------------- -------------- --------- -------- ------------------- ---------- -------- ------------------------ VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE --------------------------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ------ Ultratech Stepper Inc. COM 904034105 12195 387871 SH SOLE 246588 0 141283 Under Armour, Inc. COM 904311107 14225 150565 SH SOLE 118723 0 31842 UNILIFE CORP COM 90478E103 905 267732 SH SOLE 96707 0 171025 UNITED CONTINENTAL COM 910047109 2874 118,124 SH SOLE 118,124 0 0 United Natural Foods Inc COM 911163103 992 18074 SH SOLE 4359 0 13715 United Rentals, Inc. COM 911363109 10354 304174 SH SOLE 213317 0 90857 UROPLASTY INC COM 917277204 1039 226275 SH SOLE 81632 0 144643 US Airways Group, Inc. COM 90341W108 665 49900 SH SOLE 10690 0 39210 USA TECHNOLOGIES INC COM 90328S500 824 568252 SH SOLE 0 0 568252 USG Corp. COM 903293405 2132 111903 SH SOLE 15166 0 96737 Vale SA - SP ADR ADR 91912E105 20357 1025483 SH SOLE 936582 0 88901 Vanguard Dividend Appreciation COM 921908844 1360 23985 SH SOLE 15107 0 8878 Index Fund VANGUARD EMERGING MARKET ETF COM 922042858 999 25027 SH SOLE 15288 0 9739 VELTI Plc ADR G93285107 438 67400 SH SOLE 0 0 67400 Verisk Analytics, Inc. - A COM 92345Y106 1194 24240 SH SOLE 3225 0 21015 Vertex Pharmaceuticals, Inc. COM 92532F100 6216 111157 SH SOLE 84180 0 26977 Visionchina Media, Inc. - ADR ADR 92833U103 354 380175 SH SOLE 0 0 380175 VITAMIN SHOPPE INC COM 92849E101 640 11652 SH SOLE 2276 0 9376 Vivus Inc COM 928551100 6116 214301 SH SOLE 150537 0 63764 VOCERA COMMUNICATIONS INC COM 92857F107 2430 90702 SH SOLE 32775 0 57927 Vodafone Group PLC - Spons. ADR ADR 92857W209 370 13117 SH SOLE 0 0 13117 WALTER INVESTMENT MANAGEMENT COM 93317W102 2225 94937 SH SOLE 26683 0 68254 Watson Pharmaceuticals, Inc. COM 942683103 802 10837 SH SOLE 1052 0 9785 WEB.COM GROUP INC COM 94733A104 217 11900 SH SOLE 2640 0 9260 WEBMD HEALTH CORP NOTE 2.250% 94770VAH5 22800 24,450,000 PRN SOLE 24,450,000 0 0 3/3 WESTERN ALLIANCE BANCORP COM 957638109 4956 529467 SH SOLE 164417 0 365050 WESTERN GAS PARTNERS LP COM 958254104 733 16800 SH SOLE 0 0 16800 Whole Foods Market, Inc. COM 966837106 14195 148917 SH SOLE 115838 0 33079 WPX ENERGY INC COM 98212B103 194 12000 SH SOLE 3005 0 8995 XENOPORT INC COM 98411C100 1137 188213 SH SOLE 67989 0 120224 XOMA Corp COM 98419J107 1988 666965 SH SOLE 240917 0 426048 XPO LOGISTICS INC COM 983793100 1826 108669 SH SOLE 39244 0 69425 Youku Inc ADR 98742U100 434 20000 SH SOLE 0 0 20000 Yum Brands, Inc. COM 988498101 1240 19244 SH SOLE 15829 0 3415 ZIOPHARM ONCOLOGY INC COM 98973P101 2175 365557 SH SOLE 131939 0 233618 Zygo Corp. COM 989855101 1704 95382 SH SOLE 34418 0 60964