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
Infinera Corp Ordinary Shares 45667G103 23,064 1,436,100 SH   SOLE   1,436,100 0 0
Under Armour Inc Ordinary Shares 904311107 18,393 216,820 SH   SOLE   216,820 0 0
Markel Corp Ordinary Shares 570535104 16,672 18,700 SH   SOLE   18,700 0 0
Natus Medical Inc Ordinary Shares 639050103 15,593 405,741 SH   SOLE   405,741 0 0
American Woodmark Corp Ordinary Shares 030506109 14,277 191,407 SH   SOLE   191,407 0 0
HDFC Bank Ltd American Depository Receipts 40415F101 14,175 230,000 SH   SOLE   230,000 0 0
Banco Latinoamericano de Comercio Exterior SA Ordinary Shares P16994132 13,668 564,335 SH   SOLE   564,335 0 0
Loews Corp Ordinary Shares 540424108 13,368 349,390 SH   SOLE   349,390 0 0
SBA Communications Corp Ordinary Shares 78388J106 12,521 125,000 SH   SOLE   125,000 0 0
Texas Roadhouse Inc Ordinary Shares 882681109 11,567 265,429 SH   SOLE   265,429 0 0
Berkshire Hathaway Inc Ordinary Shares 084670108 11,099 52 SH   SOLE   52 0 0
Anthem Inc Ordinary Shares 036752103 10,938 78,697 SH   SOLE   78,697 0 0
Oaktree Capital Group LLC Unit 674001201 10,539 213,634 SH   SOLE   213,634 0 0
Taiwan Semiconductor Manufacturing Co Ltd American Depository Receipts 874039100 9,000 343,500 SH   SOLE   343,500 0 0
Level 3 Communications Inc Ordinary Shares 52729N308 8,980 169,918 SH   SOLE   169,918 0 0
Baidu Inc American Depository Receipts 056752108 8,761 45,900 SH   SOLE   45,900 0 0
Gentex Corp Ordinary Shares 371901109 8,473 540,000 SH   SOLE   540,000 0 0
Tractor Supply Co Ordinary Shares 892356106 7,780 86,000 SH   SOLE   86,000 0 0
KAR Auction Services Inc Ordinary Shares 48238T109 7,731 202,708 SH   SOLE   202,708 0 0
Horizon Global Corp Ordinary Shares 44052W104 7,483 594,850 SH   SOLE   594,850 0 0
Amazon.com Inc Ordinary Shares 023135106 7,420 12,500 SH   SOLE   12,500 0 0
Boston Beer Co Inc Ordinary Shares 100557107 7,373 39,840 SH   SOLE   39,840 0 0
Thor Industries Inc Ordinary Shares 885160101 7,334 115,000 SH   SOLE   115,000 0 0
Zimmer Biomet Holdings Inc Ordinary Shares 98956P102 7,144 67,000 SH   SOLE   67,000 0 0
Intel Corp Ordinary Shares 458140100 7,085 219,000 SH   SOLE   219,000 0 0
Syngenta AG American Depository Receipts 98954M202 6,882 83,101 SH   SOLE   83,101 0 0
Drew Industries Inc Ordinary Shares 26168L205 6,857 106,370 SH   SOLE   106,370 0 0
TripAdvisor Inc Ordinary Shares 896945201 6,783 102,000 SH   SOLE   102,000 0 0
Alphabet Inc Ordinary Shares 02079K107 6,722 9,024 SH   SOLE   9,024 0 0
Ultimate Software Group Inc Ordinary Shares 90385D107 6,579 34,000 SH   SOLE   34,000 0 0
American Tower Corp Ordinary Shares 03027X100 6,552 64,000 SH   SOLE   64,000 0 0
Costco Wholesale Corp Ordinary Shares 22160K105 6,303 40,000 SH   SOLE   40,000 0 0
Apple Inc Ordinary Shares 037833100 6,212 57,000 SH   SOLE   57,000 0 0
IPG Photonics Corp Ordinary Shares 44980X109 5,957 62,000 SH   SOLE   62,000 0 0
XPO Logistics Inc Ordinary Shares 983793100 5,833 190,000 SH   SOLE   190,000 0 0
Autozone Inc Ordinary Shares 053332102 5,816 7,300 SH   SOLE   7,300 0 0
Ionis Pharmaceuticals Inc Ordinary Shares 462222100 5,670 140,000 SH   SOLE   140,000 0 0
Chipotle Mexican Grill Inc Ordinary Shares 169656105 5,652 12,000 SH   SOLE   12,000 0 0
DR.REDDY'S LABORATORIES LTD American Depository Receipts 256135203 5,647 124,956 SH   SOLE   124,956 0 0
Monarch Financial Holdings Inc Ordinary Shares 60907Q100 5,417 326,104 SH   SOLE   326,104 0 0
Varian Medical Systems Inc Ordinary Shares 92220P105 5,361 67,000 SH   SOLE   67,000 0 0
Innophos Holdings Inc Ordinary Shares 45774N108 5,335 172,601 SH   SOLE   172,601 0 0
Diamond Hill Investment Group Inc Ordinary Shares 25264R207 5,148 29,023 SH   SOLE   29,023 0 0
Medtronic PLC Ordinary Shares G5960L103 4,992 66,564 SH   SOLE   66,564 0 0
TriMas Corp Ordinary Shares 896215209 4,948 282,427 SH   SOLE   282,427 0 0
Aceto Corp Ordinary Shares 004446100 4,830 205,000 SH   SOLE   205,000 0 0
Cooper Companies Inc Ordinary Shares 216648402 4,003 26,000 SH   SOLE   26,000 0 0
Panera Bread Co Ordinary Shares 69840W108 3,687 18,000 SH   SOLE   18,000 0 0
Cabela's Inc Ordinary Shares 126804301 3,652 75,000 SH   SOLE   75,000 0 0
Align Technology Inc Ordinary Shares 016255101 3,598 49,500 SH   SOLE   49,500 0 0
Williams-Sonoma Inc Ordinary Shares 969904101 3,492 63,800 SH   SOLE   63,800 0 0
BRF SA American Depository Receipts 10552T107 3,465 243,704 SH   SOLE   243,704 0 0
C.H. Robinson Worldwide Inc Ordinary Shares 12541W209 3,415 46,000 SH   SOLE   46,000 0 0
Tandem Diabetes Care Inc Ordinary Shares 875372104 3,397 390,000 SH   SOLE   390,000 0 0
STAG Industrial Inc Real Estate Trust 85254J102 3,359 165,000 SH   SOLE   165,000 0 0
KapStone Paper and Packaging Corp Ordinary Shares 48562P103 3,323 239,917 SH   SOLE   239,917 0 0
Crimson Wine Group Ltd Ordinary Shares 22662X100 3,278 391,156 SH   SOLE   391,156 0 0
Genomic Health Inc Ordinary Shares 37244C101 3,268 131,935 SH   SOLE   131,935 0 0
Genesee & Wyoming Inc Ordinary Shares 98954M204 3,135 50,000 SH   SOLE   50,000 0 0
Proto Labs Inc Ordinary Shares 743713109 3,084 40,000 SH   SOLE   40,000 0 0
Alphabet Inc Ordinary Shares 02079K305 3,052 4,000 SH   SOLE   4,000 0 0
Chicago Bridge & Iron Company NV Ordinary Shares 167250109 2,891 79,000 SH   SOLE   79,000 0 0
Myriad Genetics Inc Ordinary Shares 62855J104 2,882 77,000 SH   SOLE   77,000 0 0
Polaris Industries Inc Ordinary Shares 731068102 2,462 25,000 SH   SOLE   25,000 0 0
TRI Pointe Group Inc Ordinary Shares 87265H109 2,356 200,000 SH   SOLE   200,000 0 0
Liberty Interactive Corp Ordinary Shares 53071M104 2,247 89,000 SH   SOLE   89,000 0 0
Access National Corp Ordinary Shares 004337101 1,795 90,529 SH   SOLE   90,529 0 0
Constellium NV Ordinary Shares N22035104 1,628 313,752 SH   SOLE   313,752 0 0
Fastenal Co Ordinary Shares 98954M203 1,556 31,750 SH   SOLE   31,750 0 0
Zillow Group Inc Ordinary Shares 98954M200 1,542 65,000 SH   SOLE   65,000 0 0
Spirit Airlines Inc Ordinary Shares 848577102 1,535 32,000 SH   SOLE   32,000 0 0
Zillow Group Inc Ordinary Shares 98954M101 830 32,500 SH   SOLE   32,500 0 0
Schlumberger NV Ordinary Shares 98954M206 369 5,000 SH   SOLE   5,000 0 0