The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AEROJET ROCKETDYNE HOLDINGS IN COM 007800105 16,164 407,781 SH   SOLE   407,781 0 0
AMAZON COM INC COM COM 023135106 806 292 SH   SOLE   292 0 0
AMERICAN EXPRESS CO COM COM 025816109 4,052 42,562 SH   SOLE   42,562 0 0
AMGEN INC COM COM 031162100 5,377 22,798 SH   SOLE   22,798 0 0
APPLE COMPUTER COM 037833100 26,339 72,202 SH   SOLE   72,202 0 0
AT&T INC COM COM 00206r102 2,444 80,843 SH   SOLE   80,843 0 0
AUTOMATIC DATA PROCESS COM COM 053015103 208 1,400 SH   SOLE   1,400 0 0
BEAZER HOMES USA INC COM NEW COM 07556Q881 5,458 542,049 SH   SOLE   542,049 0 0
BERKSHIRE HATHAWAY INC CL B COM 084670702 383 2,147 SH   SOLE   2,147 0 0
BIG LOTS INC COM COM 089302103 4,305 102,504 SH   SOLE   102,504 0 0
BIO-RAD LABORATORIES COM 090572207 10,090 22,348 SH   SOLE   22,348 0 0
BP PLC SPONSORED ADR COM 055622104 219 9,398 SH   SOLE   9,398 0 0
BRISTOL-MYERS SQUIBB CO COM COM 110122108 271 4,605 SH   SOLE   4,605 0 0
CHEVRON CORP NEW COM COM 166764100 1,292 14,479 SH   SOLE   14,479 0 0
CISCO SYS INC COM COM 17275R102 7,428 159,272 SH   SOLE   159,272 0 0
COHEN & STEERS INC COM COM 19247A100 8,396 123,378 SH   SOLE   123,378 0 0
COLGATE PALMOLIVE CO COM COM 194162103 315 4,300 SH   SOLE   4,300 0 0
COMCAST CORP COM CL A COM 20030N101 9,424 241,765 SH   SOLE   241,765 0 0
DELL TECHNOLOGIES INC COM 24703L202 2,803 51,015 SH   SOLE   51,015 0 0
EOG RES INC COM COM 26875P101 2,941 58,058 SH   SOLE   58,058 0 0
ESTEE LAUDER COS INC COM COM 518439104 10,339 54,797 SH   SOLE   54,797 0 0
EXXON CORP COM COM 30231G102 378 8,462 SH   SOLE   8,462 0 0
FACEBOOK INC CL A COM 30303m102 211 931 SH   SOLE   931 0 0
FEC RESOURCES INC COM COM 30246x108 0 170,600 SH   SOLE   170,600 0 0
FOCUS FINANCIAL PARTNERS COM 34417P100 7,411 224,250 SH   SOLE   224,250 0 0
FOSSIL GROUP COM 34988V106 1,340 288,147 SH   SOLE   288,147 0 0
GATX CORP COM COM 361448103 5,145 84,367 SH   SOLE   84,367 0 0
HP INC COM 40434L105 2,309 132,497 SH   SOLE   132,497 0 0
HUDSON PACIFIC PROPERTIES COM 444097109 4,319 171,666 SH   SOLE   171,666 0 0
HYSTER YALE MATLS HAND CL A COM 449172105 2,826 73,087 SH   SOLE   73,087 0 0
INNOVEST GLOBAL INC COM COM 45781q102 1 10,000 SH   SOLE   10,000 0 0
INTEL CORP COM COM 458140100 10,868 181,654 SH   SOLE   181,654 0 0
J P MORGAN CHASE & CO COM COM 46625H100 8,006 85,117 SH   SOLE   85,117 0 0
JOHNSON & JOHNSON COM COM 478160104 6,918 49,191 SH   SOLE   49,191 0 0
KAISER ALUMINUM CORP COM PAR $ COM 483007704 5,619 76,328 SH   SOLE   76,328 0 0
LILLY ELI & CO COM COM 532457108 8,822 53,734 SH   SOLE   53,734 0 0
LKQ CORP COM COM 501889208 6,213 237,152 SH   SOLE   237,152 0 0
LOEWS CORP COM COM 540424108 1,646 48,000 SH   SOLE   48,000 0 0
LULULEMON ATHLETICA IN COM COM 550021109 20,669 66,243 SH   SOLE   66,243 0 0
MERCK & CO INC NEW COM COM 58933Y105 7,681 99,332 SH   SOLE   99,332 0 0
MICROSOFT CORP COM COM 594918104 789 3,877 SH   SOLE   3,877 0 0
MOELIS & COMPANY COM 60786M105 5,803 186,221 SH   SOLE   186,221 0 0
NORDSON CORP COM COM 655663102 14,490 76,378 SH   SOLE   76,378 0 0
NORDSTROM INC COM COM 655664100 1,595 102,986 SH   SOLE   102,986 0 0
NOVAPET PRODUCTS INC COM COM 669875106 0 12,000 SH   SOLE   12,000 0 0
ORACLE CORP COM COM 68389X105 8,468 153,204 SH   SOLE   153,204 0 0
PFIZER INC COM COM 717081103 461 14,102 SH   SOLE   14,102 0 0
PHILIP MORRIS INTL INC COM COM 718172109 264 3,771 SH   SOLE   3,771 0 0
PROCTER & GAMBLE CO COM COM 742718109 406 3,398 SH   SOLE   3,398 0 0
PROGRESSIVE CORP OHIO COM COM 743315103 1,433 17,885 SH   SOLE   17,885 0 0
PULTE GROUP INC COM COM 745867101 13,755 404,213 SH   SOLE   404,213 0 0
SCHLUMBERGER LTD COM COM 806857108 1,734 94,280 SH   SOLE   94,280 0 0
SCHWAB CHARLES CORP NEW COM COM 808513105 8,246 244,398 SH   SOLE   244,398 0 0
SIMON PPTY GROUP NEW COM COM 828806109 3,311 48,415 SH   SOLE   48,415 0 0
SKYWORKS SOLUTIONS INC COM COM 83088m102 12,730 99,559 SH   SOLE   99,559 0 0
STARBUCKS CORP COM COM 855244109 755 10,261 SH   SOLE   10,261 0 0
STEM CELL AUTH LTD COM 85857c108 0 10,000 SH   SOLE   10,000 0 0
STERIS PLC ORD COM g8473t100 4,886 31,840 SH   SOLE   31,840 0 0
STRYKER CORP COM COM 863667101 3,509 19,473 SH   SOLE   19,473 0 0
SVB FINL GROUP COM COM 78486q101 9,384 43,540 SH   SOLE   43,540 0 0
TENET HEALTHCARE CORP COM COM 88033g407 3,718 205,327 SH   SOLE   205,327 0 0
TERADYNE INC COM COM 880770102 17,549 207,657 SH   SOLE   207,657 0 0
TETRA TECH INC NEW COM COM 88162G103 9,388 118,653 SH   SOLE   118,653 0 0
UBER TECHNOLOGIES INC COM 90353T100 311 10,000 SH   SOLE   10,000 0 0
ULTA BEAUTY, INC COM 90384S303 3,863 18,992 SH   SOLE   18,992 0 0
UNITED NAT FOOD INC COM COM 911163103 3,796 208,471 SH   SOLE   208,471 0 0
VERIZON COMMUNICATIONS COM COM 92343V104 251 4,547 SH   SOLE   4,547 0 0
VERRA MOBILITY CORP COM 92511u102 3,620 352,180 SH   SOLE   352,180 0 0
VIRNETX HOLDING CORP COM 92823T108 90 13,836 SH   SOLE   13,836 0 0
VISA INC COM CL A COM 92826c839 493 2,550 SH   SOLE   2,550 0 0
WALT DISNEY CO COM COM 254687106 6,444 57,784 SH   SOLE   57,784 0 0
WELLS FARGO & CO NEW COM COM 949746101 2,682 104,760 SH   SOLE   104,760 0 0
WEYERHAEUSER CO COM COM 962166104 4,794 213,457 SH   SOLE   213,457 0 0
LAZARD EMERGING MARKETS EQUITY MEU 52106N392 438 40,854 SH   SOLE   40,854 0 0
LAZARD FDS INC EMERG MKT RETL MEU 52106n764 1,380 92,387 SH   SOLE   92,387 0 0
LAZARD FDS INC EMKTS EQBL OPN MEU 52106N418 568 52,862 SH   SOLE   52,862 0 0