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
ABIOMED Inc COM 003654100 2,349 8,225 SH   OTR 1 8,225 0 0
Advanced Micro Devices Inc COM 007903107 699 27,393 SH   SOLE   27,393 0 0
Allied Motion Techno logies Inc COM 019330109 402 11,700 SH   OTR 1 11,700 0 0
Amazon.com Inc COM 023135106 1,425 800 SH   OTR 1 800 0 0
Amazon.com Inc COM 023135106 1,109 623 SH   SOLE   623 0 0
Amedisys Inc COM 023436108 1,208 9,800 SH   OTR 1 9,800 0 0
Apple Inc COM 037833100 1,173 6,177 SH   SOLE   6,177 0 0
Arbor Realty Trust I nc COM 038923108 2,575 198,528 SH   OTR 1 198,528 0 0
AstraZeneca PLC COM 046353108 946 23,400 SH   OTR 1 23,400 0 0
AutoZone Inc COM 053332102 922 900 SH   OTR 1 900 0 0
BioTelemetry Inc COM 090672106 1,328 21,200 SH   OTR 1 21,200 0 0
Biospecifics Technol gies Corp. COM 090931106 486 7,800 SH   OTR 1 7,800 0 0
Boeing Co/The COM 097023105 2,918 7,650 SH   OTR 1 7,650 0 0
Boston Scientific Co rp COM 101137107 1,160 30,219 SH   SOLE   30,219 0 0
Cadence Design Syste ms Inc COM 127387108 895 14,100 SH   OTR 1 14,100 0 0
Capital Southwest Corp COM 140501107 2,045 97,200 SH   OTR 1 97,200 0 0
Cargurus Inc COM 141788109 1,687 42,100 SH   OTR 1 42,100 0 0
Copart Inc COM 217204106 563 9,300 SH   OTR 1 9,300 0 0
DEXCOM INC COM COM 252131107 417 3,500 SH   OTR 1 3,500 0 0
Ecopetrol SA COM 279158109 2,086 97,300 SH   OTR 1 97,300 0 0
Facebook Inc. COM 30303M102 161 963 SH   SOLE   963 0 0
Telefonaktiebolaget LM Ericsson COM 294821608 407 44,300 SH   OTR 1 44,300 0 0
Federal Signal Corp COM 313855108 1,578 60,700 SH   OTR 1 60,700 0 0
HEICO Corp COM 422806109 1,008 10,625 SH   OTR 1 10,625 0 0
iShares MSCI Brazil ETF COM 464286400 978 23,872 SH   SOLE   23,872 0 0
iShares Core S&P 500 ETF COM 464287200 2,443 8,586 SH   SOLE   8,586 0 0
iShares Core S&P 500 ETF COM 464287200 4,212 14,802 SH   SOLE   14,802 0 0
iShares 1-3 Year Treasury Bond ETF COM 464287457 2,125 25,305 SH   SOLE   25,305 0 0
iShares 1-3 Year Tre asury Bond ETF COM 464287457 2,881 34,245 SH   SOLE   34,245 0 0
iShares Nasdaq Biote chnology ETF COM 464287556 2,343 20,958 SH   SOLE   20,958 0 0
iShares 3-7 Year Treasury Bond ETF COM 464288661 1,593 12,958 SH   SOLE   12,958 0 0
iShares 3-7 Year Tre asury Bond ETF COM 464288661 2,572 20,880 SH   SOLE   20,880 0 0
iShares U.S. Medical Devices ETF COM 464288810 3,088 13,339 SH   SOLE   13,339 0 0
Jernigan Capital, Inc. COM 476405105 421 20,000 SH   OTR 1 20,000 0 0
Lamb Weston Holdings Inc COM 513272104 397 5,300 SH   OTR 1 5,300 0 0
Lululemon Athletica Inc COM 550021109 2,261 13,800 SH   OTR 1 13,800 0 0
McGrath RentCorp COM 580589109 289 5,100 SH   OTR 1 5,100 0 0
Microsoft Corp COM 594918104 1,932 16,383 SH   SOLE   16,383 0 0
NMI Holdings Inc COM 629209305 722 27,900 SH   OTR 1 27,900 0 0
Nice Ltd COM 653656108 894 7,300 SH   OTR 1 7,300 0 0
O'Reilly Automotive Inc. COM 67103H107 165 425 SH   SOLE   425 0 0
Palo Alto Networks I nc COM 697435105 486 2,000 SH   OTR 1 2,000 0 0
Progressive Corp/The COM 743315103 865 12,000 SH   OTR 1 12,000 0 0
Ross Stores Inc COM 778296103 1,136 12,200 SH   OTR 1 12,200 0 0
Square Inc COM 852234103 1,124 14,997 SH   SOLE   14,997 0 0
Starbucks Corp COM 855244109 166 2,236 SH   SOLE   2,236 0 0
Stryker Corp COM 863667101 651 3,295 SH   SOLE   3,295 0 0
Thermo Fisher Scient ific Inc COM 883556102 645 2,357 SH   SOLE   2,357 0 0
UFP Technologies Inc COM 902673102 262 7,000 SH   OTR 1 7,000 0 0
Veeva Systems Inc COM 922475108 1,497 11,800 SH   OTR 1 11,800 0 0
Xilinx Inc COM 983919101 710 5,600 SH   OTR 1 5,600 0 0
VeriSign Inc COM 92343E102 472 2,600 SH   OTR 1 2,600 0 0
Fortinet Inc COM 34959E109 2,423 28,850 SH   OTR 1 28,850 0 0
Adobe Systems Inc COM 00724F101 2,598 9,750 SH   OTR 1 9,750 0 0
Adobe Systems Inc COM 00724F101 164 615 SH   SOLE   615 0 0
Alphabet Inc COM 02079K305 1,379 1,172 SH   SOLE   1,172 0 0
Appfolio Inc COM 03783C100 1,524 19,200 SH   OTR 1 19,200 0 0
Automatic Data Processing Inc. COM 053015103 166 1,039 SH   SOLE   1,039 0 0
BG Staffing Inc COM 05544A109 787 36,039 SH   OTR 1 36,039 0 0
CME Group Inc COM 12572Q105 806 4,900 SH   OTR 1 4,900 0 0
Chart Industries Inc COM 16115Q308 688 7,600 SH   OTR 1 7,600 0 0
CONOCOPHILLIPS COM COM 20825C104 501 7,500 SH   OTR 1 7,500 0 0
EVERTEC Inc COM 30040P103 843 30,300 SH   OTR 1 30,300 0 0
Fox Factory Holding Corp COM 35138V102 391 5,600 SH   OTR 1 5,600 0 0
Intuitive Surgical I nc COM 46120E602 1,772 3,105 SH   OTR 1 3,105 0 0
iRadimed Corp COM 46266A109 1,355 48,247 SH   OTR 1 48,247 0 0
ISHARES MSCI INDIA ETF COM 46429B598 1,317 37,359 SH   SOLE   37,359 0 0
ISHARES MSCI CHINA ETF COM 46429B671 2,121 33,973 SH   SOLE   33,973 0 0
iShares Edge MSCI Mi n Vol USA ETF COM 46429B697 6,845 116,435 SH   SOLE   116,435 0 0
Keysight Technologie s Inc COM 49338L103 802 9,200 SH   OTR 1 9,200 0 0
Malibu Boats Inc COM 56117J100 726 18,344 SH   OTR 1 18,344 0 0
Mastercard Inc COM 57636Q104 1,907 8,100 SH   OTR 1 8,100 0 0
Match Group Inc COM 57665R106 974 17,200 SH   OTR 1 17,200 0 0
Medifast Inc COM 58470H101 1,900 14,900 SH   OTR 1 14,900 0 0
Medpace Holdings Inc COM 58506Q109 277 4,700 SH   OTR 1 4,700 0 0
Netflix Inc COM 64110L106 1,961 5,500 SH   OTR 1 5,500 0 0
NIKE Inc. COM 654106103 156 1,858 SH   SOLE   1,858 0 0
Paycom Software Inc COM 70432V102 2,771 14,650 SH   OTR 1 14,650 0 0
PayPal Holdings Inc COM 70450Y103 1,320 12,712 SH   SOLE   12,712 0 0
Qualys Inc COM 74758T303 1,299 15,700 SH   OTR 1 15,700 0 0
QuinStreet Inc COM 74874Q100 477 35,600 SH   OTR 1 35,600 0 0
SPDR Gold Shares COM 78463V107 5,103 41,821 SH   SOLE   41,821 0 0
SPDR Bloomberg Barclays High Yield Bond COM 78464A417 3,083 85,719 SH   SOLE   85,719 0 0
SPDR S&P Retail ETF COM 78464A714 1,565 34,778 SH   SOLE   34,778 0 0
SPDR S&P Pharmaceuti cals ETF COM 78464A722 2,300 55,314 SH   SOLE   55,314 0 0
SPDR OIL & GAS EXP & ETF COM 78464A730 1,582 51,475 SH   SOLE   51,475 0 0
SPDR Doubleline Tota l Return Tactical ET COM 78467V848 1,593 32,947 SH   SOLE   32,947 0 0
Materials Select Sec tor SPDR Fund COM 81369Y100 10,362 186,699 SH   SOLE   186,699 0 0
Consumer Discretionary Select Sector SPD COM 81369Y407 9,408 82,633 SH   SOLE   82,633 0 0
Energy Select Sector SPDR Fund COM 81369Y506 10,263 155,218 SH   SOLE   155,218 0 0
Financial Select Sec tor SPDR Fund COM 81369Y605 8,410 327,100 SH   SOLE   327,100 0 0
Industrial Select Se ctor SPDR Fund COM 81369Y704 13,527 180,286 SH   SOLE   180,286 0 0
Technology Select Se ctor SPDR Fund COM 81369Y803 14,668 198,218 SH   SOLE   198,218 0 0
Communication Servic es Select Sector SPD COM 81369Y852 8,852 189,276 SH   SOLE   189,276 0 0
Real Estate Select S ector SPDR Fund COM 81369Y860 9,216 254,448 SH   SOLE   254,448 0 0
Utilities Select Sec tor SPDR Fund COM 81369Y886 8,947 153,800 SH   SOLE   153,800 0 0
ServiceNow Inc COM 81762P102 2,194 8,900 SH   OTR 1 8,900 0 0
Trex Co Inc COM 89531P105 1,692 27,500 SH   OTR 1 27,500 0 0
Twitter Inc COM 90184L102 986 30,000 SH   OTR 1 30,000 0 0
Voc Energy Trust COM 91829B103 88 15,379 SH   OTR 1 15,379 0 0
VanEck Vectors Gold Miners ETF COM 92189F106 2,604 116,134 SH   SOLE   116,134 0 0
Vanguard Communication Servic COM 92204A884 2,352 28,161 SH   SOLE   28,161 0 0
Verisk Analytics Inc COM 92345Y106 505 3,800 SH   OTR 1 3,800 0 0
Visa Inc. COM 92826C839 164 1,053 SH   SOLE   1,053 0 0
WNS Holdings Ltd COM 92932M101 788 14,800 SH   OTR 1 14,800 0 0
WEX Inc COM 96208T104 432 2,249 SH   OTR 1 2,249 0 0
World Wrestling Ente rtainment Inc COM 98156Q108 1,510 17,400 SH   OTR 1 17,400 0 0
Zoetis Inc COM 98978V103 1,399 13,900 SH   OTR 1 13,900 0 0
Zoetis Inc COM 98978V103 165 1,638 SH   SOLE   1,638 0 0
Atlassian Corp PLC COM G06242104 494 4,400 SH   OTR 1 4,400 0 0
Fabrinet COM G3323L100 1,765 33,700 SH   OTR 1 33,700 0 0
Geopark Ltd COM G38327105 1,158 67,000 SH   OTR 1 67,000 0 0
Sapiens I'ntl Corporation N.V. COM G7T16G103 371 24,300 SH   OTR 1 24,300 0 0
Globant SA COM L44385109 493 6,900 SH   OTR 1 6,900 0 0
AudioCodes Ltd COM M15342104 1,158 83,699 SH   OTR 1 83,699 0 0
Camtek Ltd/Israel COM M20791105 532 59,600 SH   OTR 1 59,600 0 0
CyberArk Software Lt d COM M2682V108 2,292 19,256 SH   OTR 1 19,256 0 0
Mellanox Technologie s Ltd COM M51363113 1,207 10,200 SH   OTR 1 10,200 0 0
KORNIT DIGITAL LMTD COM M6372Q113 507 21,300 SH   OTR 1 21,300 0 0
Radware Ltd COM M81873107 789 30,200 SH   OTR 1 30,200 0 0
WIX.com, Ltd. COM M98068105 375 3,100 SH   OTR 1 3,100 0 0
Wright Medical Group N.V. COM N96617118 428 13,600 SH   OTR 1 13,600 0 0
Seaspan Corp COM Y75638109 793 91,100 SH   OTR 1 91,100 0 0