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
HOLLYSYS AUTOMATIO TECHNOLO SHS G45667105 981 49,370 SH   SOLE   12,440 0 36,930
SINA CORP ORD G81477104 691 21,500 SH   SOLE   5,300 0 16,200
AZZ INC COM 002474104 49,826 1,069,464 SH   SOLE   589,105 0 480,359
ADTRAN INC COM 00738A106 40,770 2,183,718 SH   SOLE   1,202,509 0 981,209
AIR METHODS CORP COM PAR $.06 009128307 42,808 918,820 SH   SOLE   506,096 0 412,724
AMERICAN PUBLIC EDUCATON INC COM 02913V103 4,969 165,746 SH   SOLE   91,253 0 74,493
BALDWIN & LYONS INC CL B 057755209 17,316 738,098 SH   SOLE   406,651 0 331,447
BROWN & BROWN INC COM 115236101 49,487 1,494,622 SH   SOLE   823,341 0 671,281
CBOE HLDGS INC COM 12503M108 53,199 926,733 SH   SOLE   510,548 0 416,185
CARBO CERAMICS INC COM 140781105 10,813 354,423 SH   SOLE   195,154 0 159,269
CARDTRONICS INC. COM 14161H108 51,498 1,369,630 SH   SOLE   754,265 0 615,365
CHARLES RIV LABS INTL INC COM 159864107 46,821 590,505 SH   SOLE   325,168 0 265,337
CHEMED CORP NEW COM 16359R103 65,548 548,980 SH   SOLE   302,456 0 246,524
CNINSURE INC. SPON ADR 18976M103 1,524 176,611 SH   SOLE   44,107 0 132,504
CORPORATE EXECUTIVE BOARD CO. COM 21988R102 51,112 640,022 SH   SOLE   352,539 0 287,483
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 3,443 58,730 SH   SOLE   14,600 0 44,130
DXP ENTERPRISES INC. COM 233377407 26,178 593,731 SH   SOLE   326,959 0 266,772
DESCARTES SYS GROUP INC COM 249906108 30,761 2,041,591 SH   SOLE   1,050,091 0 991,500
ELLIE MAE INC. COM 28849P100 50,539 913,744 SH   SOLE   503,260 0 410,484
EURONET WORLDWIDE INC COM 298736109 59,284 1,009,089 SH   SOLE   555,654 0 453,435
FIRSTSERVICE CORP SUB VTG SH 33761N109 84,204 1,302,863 SH   SOLE   667,813 0 635,050
FOX FACTORY HLDG CORP COM 35138V102 20,588 1,342,120 SH   SOLE   739,180 0 602,940
GLADSTONE INVT CORP COM 376546107 18,419 2,488,988 SH   SOLE   1,371,392 0 1,117,596
GLOBUS MEDICAL INC. CL A 379577208 45,022 1,783,746 SH   SOLE   982,223 0 801,523
GRAND CANYON ED INC COM 38526M106 81,665 1,886,024 SH   SOLE   1,038,545 0 847,479
GUESS INC COM 401617105 27,089 1,457,188 SH   SOLE   802,788 0 654,400
HAEMONETICS CORP COM 405024100 56,217 1,251,483 SH   SOLE   689,382 0 562,101
HOMEINNS HOTEL GROUP SPON ADR 43742E102 1,546 65,314 SH   SOLE   16,220 0 49,094
ICONIX BRAND GROUP INC COM 451055107 50,547 1,501,243 SH   SOLE   826,777 0 674,466
IDEX CORP COM 45167R104 34,394 453,569 SH   SOLE   249,887 0 203,682
INTERVAL LEISURE GROUP INC COM 46113M108 62,065 2,368,002 SH   SOLE   1,304,168 0 1,063,834
IRIDIUM COMMUNICATIONS INC COM 46269C102 44,087 4,540,325 SH   SOLE   2,501,197 0 2,039,128
KULICKE & SOFFA INDS INC COM 501242101 1,561 99,870 SH   SOLE   24,900 0 74,970
MARKETAXESS HLDGS INC COM 57060D108 63,588 767,050 SH   SOLE   422,370 0 344,680
MAXIMUS INC COM 577933104 63,131 945,639 SH   SOLE   520,717 0 424,922
MILLER HERMAN INC COM 600544100 40,963 1,475,621 SH   SOLE   812,570 0 663,051
NETSCOUT SYS INC COM 64115T104 47,293 1,078,527 SH   SOLE   593,750 0 484,777
NEUSTAR INC COM CL A 64126X201 49,979 2,029,996 SH   SOLE   1,117,993 0 912,003
PERFORMANCE SPORTS GROUP LTD. COM 71377G100 42,007 2,156,100 SH   SOLE   1,102,800 0 1,053,300
POLYPORE INTL INC COM 73179V103 55,652 944,861 SH   SOLE   520,069 0 424,792
PROGRESS SOFTWARE CORP COM 743312100 42,273 1,555,858 SH   SOLE   857,084 0 698,774
RLI CORP COM 749607107 49,203 938,812 SH   SOLE   517,216 0 421,596
RE MAX HOLDINGS INC COM CL A 75524W108 36,248 1,091,464 SH   SOLE   601,235 0 490,229
SILICON LABORATORIES INC. COM 826919102 42,074 828,726 SH   SOLE   456,498 0 372,228
SOLERA HOLDINGS INC. COM 83421A104 10,673 206,600 SH   SOLE   113,780 0 92,820
SOTHEBYS COM 835898107 43,879 1,038,308 SH   SOLE   571,801 0 466,507
STANTEC INC COM 85472N109 34,914 1,460,966 SH   SOLE   750,166 0 710,800
TCF FINL CORP COM 872275102 41,363 2,631,249 SH   SOLE   1,449,524 0 1,181,725
TEMPUR PEDIC INTL INC COM 88023U101 45,095 780,994 SH   SOLE   430,133 0 350,861
THERMON GROUP HLDGS INC COM 88362T103 50,164 2,084,072 SH   SOLE   1,148,104 0 935,968
THOR INDS INC COM 885160101 51,976 822,282 SH   SOLE   452,998 0 369,284
TUMI HOLDINGS INC COM 89969Q104 45,580 1,863,441 SH   SOLE   1,026,472 0 836,969
UNIVERSAL HLTH SVCS INC COM CL B 913903100 59,998 509,709 SH   SOLE   280,753 0 228,956
WILEY JOHN & SONS INC COM CL A 968223206 55,892 914,158 SH   SOLE   503,642 0 410,516
U S SILICA HLDGS INC COM 90346E103 43,421 1,219,352 SH   SOLE   671,437 0 547,915