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
3M CO COM 88579Y101 438 2,225 SH   SOLE   0 0 2,225
ACCENTURE LTD COM G1151C101 376 2,300 SH   SOLE   2,300 0 0
ADT INC COM 00090Q103 121 14,000 SH   SOLE   0 0 14,000
ALIBABA GROUP HOLDING LTD COM 01609W102 1,672 9,012 SH   SOLE   3,300 0 5,712
ALPHABET INC (A) COM 02079K305 308 273 SH   SOLE   247 0 26
ALPHABET INC-CL C COM 02079K107 730 654 SH   SOLE   92 0 562
AMAZON.COM INC COM 023135106 1,358 799 SH   SOLE   275 0 524
AMC NETWORKS INC (A) COM 00164V103 977 15,700 SH   SOLE   0 0 15,700
AMN HEALTHCARE SERVICES INC COM 001744101 439 7,500 SH   SOLE   7,500 0 0
APOGEE ENTERPRISES INC COM 037598109 607 12,600 SH   SOLE   0 0 12,600
APOLLO GLOBAL MANAGEMENT LLC COM 037612306 606 19,000 SH   SOLE   19,000 0 0
APPLE INC COM 037833100 1,559 8,423 SH   SOLE   0 0 8,423
APPLIED MATERIALS COM 038222105 280 6,060 SH   SOLE   5,860 0 200
ARGAN INC COM 04010E109 1,052 25,700 SH   SOLE   0 0 25,700
AT&T INC COM 00206R102 1,067 33,221 SH   SOLE   0 0 33,221
ATLAS AIR WORLDWIDE HLDGS COM 049164205 480 6,700 SH   SOLE   0 0 6,700
BAXTER INTERNATIONAL INC COM 071813109 455 6,160 SH   SOLE   0 0 6,160
BECTON DICKINSON COM 075887109 505 2,110 SH   SOLE   1,510 0 600
BLACKROCK INC COM 09247X101 294 590 SH   SOLE   590 0 0
BP PLC SPONS ADR COM 055622104 489 10,700 SH   SOLE   0 0 10,700
BRISTOL-MYERS SQUIBB CO COM 110122108 202 3,650 SH   SOLE   0 0 3,650
BROADRIDGE FINANCIAL SOLUTIONS COM 11133T103 478 4,150 SH   SOLE   0 0 4,150
BRYN MAWR BANK CORP COM 117665109 463 10,000 SH   SOLE   10,000 0 0
CALLON PETROLEUM COM 13123X102 317 29,500 SH   SOLE   29,500 0 0
CARPENTER TECHNOLOGY COM 144285103 473 9,000 SH   SOLE   9,000 0 0
CBS CORP COM 124857202 946 16,825 SH   SOLE   0 0 16,825
CDW CORPORATION COM 12514G108 388 4,800 SH   SOLE   4,800 0 0
CELGENE CORP COM 151020104 214 2,700 SH   SOLE   0 0 2,700
CENTURY ALUMINIUM COMPANY COM 156431108 461 29,300 SH   SOLE   0 0 29,300
CHART INDUSTRIES INC COM 16115Q308 493 8,000 SH   SOLE   8,000 0 0
CHICO'S FAS INC COM 168615102 232 28,500 SH   SOLE   28,500 0 0
CIENA CORPORATION COM 171779309 504 19,000 SH   SOLE   19,000 0 0
CINTAS CORP COM 172908105 1,018 5,500 SH   SOLE   5,500 0 0
CITIZENS FINANCIAL GROUP INC COM 174610105 278 7,150 SH   SOLE   7,150 0 0
COMCAST CORP COM 20030N101 643 19,600 SH   SOLE   0 0 19,600
CONOCOPHILLIPS COM 20825C104 557 8,000 SH   SOLE   0 0 8,000
CONSTELLATION BRANDS COM 21036P108 503 2,300 SH   SOLE   2,300 0 0
COSTAR GROUP INC. COM 22160N109 867 2,100 SH   SOLE   2,100 0 0
COSTCO WHOLESALE COM 22160K105 836 4,000 SH   SOLE   4,000 0 0
COVANTA HOLDING CORPORATION COM 22282E102 738 44,700 SH   SOLE   0 0 44,700
CRESCENT POINT ENERGY COM 22576C101 456 62,000 SH   SOLE   62,000 0 0
DAVIDE CAMPARI-MILANO SPA NEW COM T3490M150 81 10,000 SH   SOLE   0 0 10,000
DELUXE CORP COM 248019101 397 6,000 SH   SOLE   6,000 0 0
DIAMONDBACK ENERGY INC COM 25278X109 789 6,000 SH   SOLE   6,000 0 0
DOMINO'S PIZZA INC COM 25754A201 705 2,500 SH   SOLE   2,500 0 0
DOWDUPONT INC. COM 26078J100 325 4,932 SH   SOLE   4,900 0 32
DYCOM INDUSTRIES COM 267475101 567 6,000 SH   SOLE   6,000 0 0
EAST WEST BANCORP INC. COM 27579R104 587 9,000 SH   SOLE   9,000 0 0
EDWARDS LIFESCIENCES CORP. COM 28176E108 416 2,855 SH   SOLE   2,855 0 0
ENCOMPASS HEALTH CORPORATION COM 29261A100 474 7,000 SH   SOLE   7,000 0 0
ENPRO INDUSTRIES INC COM 29355X107 350 5,000 SH   SOLE   5,000 0 0
EXXON MOBIL CORP COM 30231G102 1,204 14,550 SH   SOLE   3,300 0 11,250
FACEBOOK INC COM 30303M102 830 4,272 SH   SOLE   1,500 0 2,772
FEDEX CORP COM 31428X106 681 3,000 SH   SOLE   3,000 0 0
FINISAR CORP COM 31787A507 297 16,500 SH   SOLE   0 0 16,500
FIRST FINANCIAL BANCORP OHIO COM 320209109 460 15,000 SH   SOLE   15,000 0 0
FIRST REPUBLIC BANK SAN FRANCI COM 33616C100 978 10,100 SH   SOLE   10,100 0 0
FNF GROUP COM 31620R303 367 9,750 SH   SOLE   9,750 0 0
FORD MOTOR COMPANY NEW COM 345370860 266 24,000 SH   SOLE   0 0 24,000
GASLOG LTD COM G37585109 458 24,000 SH   SOLE   24,000 0 0
GENERAL ELECTRIC CO COM 369604103 891 65,500 SH   SOLE   0 0 65,500
GLENCORE PLC COM 37827X100 161 17,000 SH   SOLE   0 0 17,000
GMS INC. COM 36251C103 420 15,500 SH   SOLE   15,500 0 0
GOLAR LNG LIMITED COM G9456A100 560 19,000 SH   SOLE   19,000 0 0
GOLUB CAPITAL BDC INC COM 38173M102 328 17,900 SH   SOLE   0 0 17,900
GRANITE CONSTRUCTION CO. COM 387328107 925 16,610 SH   SOLE   16,610 0 0
H&E EQUIPMENT SERVICES INC COM 404030108 489 13,000 SH   SOLE   13,000 0 0
HANESBRANDS INC COM 410345102 654 29,700 SH   SOLE   0 0 29,700
HARRIS CORP COM 413875105 723 5,000 SH   SOLE   5,000 0 0
HOME DEPOT INC COM 437076102 203 1,040 SH   SOLE   0 0 1,040
ICHOR HOLDINGS LTD COM G4740B105 535 25,200 SH   SOLE   13,000 0 12,200
ILLINOIS TOOL WORKS COM 452308109 423 3,050 SH   SOLE   0 0 3,050
ING GROEP N.V. ADS COM 456837103 169 11,825 SH   SOLE   0 0 11,825
INTERNATIONAL BUSINESS MACHINE COM 459200101 328 2,350 SH   SOLE   0 0 2,350
INVESCO S&P SML CP HEALTH CARE COM 46138E149 321 2,500 SH   SOLE   2,500 0 0
IRIDIUM COMMUNICATIONS INC COM 46269C102 789 49,000 SH   SOLE   49,000 0 0
J M SMUCKER COM 832696405 226 2,100 SH   SOLE   0 0 2,100
JETBLUE AIRWAYS CORP COM 477143101 387 20,400 SH   SOLE   0 0 20,400
JOHNSON & JOHNSON COM 478160104 205 1,693 SH   SOLE   0 0 1,693
KINGSTONE COMPANIES INC COM 496719105 296 17,500 SH   SOLE   17,500 0 0
KNOWLES CORP COM 49926D109 756 49,400 SH   SOLE   0 0 49,400
L3 TECHNOLOGIES INC COM 502413107 250 1,300 SH   SOLE   0 0 1,300
LKQ CORP COM 501889208 686 21,500 SH   SOLE   13,000 0 8,500
LOWES COMPANIES COM 548661107 621 6,500 SH   SOLE   6,500 0 0
LUMENTUM HOLDINGS INC COM 55024U109 463 8,000 SH   SOLE   8,000 0 0
MASTERCARD INC COM 57636Q104 465 2,365 SH   SOLE   2,365 0 0
MCGRATH RENTCORP COM 580589109 443 7,000 SH   SOLE   7,000 0 0
MERCK & CO COM 58933Y105 282 4,650 SH   SOLE   0 0 4,650
MERIT MEDICAL SYSTEMS, INC. COM 589889104 410 8,000 SH   SOLE   8,000 0 0
METLIFE INC COM 59156R108 576 13,200 SH   SOLE   0 0 13,200
MGM RESORTS INTERNATIONAL COM 552953101 625 21,525 SH   SOLE   0 0 21,525
MICROCHIP TECH COM 595017104 637 7,000 SH   SOLE   7,000 0 0
MICROSOFT CORPORATION COM 594918104 2,022 20,502 SH   SOLE   4,900 0 15,602
MINDBODY INC CL A COM 60255W105 386 10,000 SH   SOLE   10,000 0 0
NESTLE SA SPON ADR REPSTG REG COM 641069406 256 3,300 SH   SOLE   0 0 3,300
ORBOTECH LTD COM M75253100 587 9,500 SH   SOLE   9,500 0 0
ORION ENGINEERED CARBONS COM L72967109 586 19,000 SH   SOLE   19,000 0 0
PENN VIRGINIA CORP COM 70788V102 679 8,000 SH   SOLE   8,000 0 0
PFIZER INC COM 717081103 634 17,483 SH   SOLE   0 0 17,483
PILGRIMS PRIDE CORP COM 72147K108 746 37,040 SH   SOLE   0 0 37,040
PIONEER NATURAL RESOURCES COM 723787107 700 3,700 SH   SOLE   3,700 0 0
POLARITY TE INC COM 731094108 200 8,500 SH   SOLE   8,500 0 0
PREFERRED BANK COM 740367404 369 6,000 SH   SOLE   6,000 0 0
PROJECT GROUP INC COM 74338q100 0 15,000 SH   SOLE   0 0 15,000
QUANTA SERVICES COM 74762E102 501 15,000 SH   SOLE   15,000 0 0
QUEST DIAGNOSTICS INC. COM 74834L100 660 6,000 SH   SOLE   6,000 0 0
RANGE RESOURCES CORP. COM 75281A109 766 45,800 SH   SOLE   0 0 45,800
RAYTHEON CO COM 755111507 1,025 5,308 SH   SOLE   2,400 0 2,908
ROSS STORES COM 778296103 805 9,500 SH   SOLE   9,500 0 0
RPM INTERNATIONAL INC. COM 749685103 636 10,900 SH   SOLE   0 0 10,900
SAFEGUARD SCIENTIFIC INC COM 786449207 383 29,900 SH   SOLE   0 0 29,900
SALESFORCE.COM COM 79466L302 750 5,500 SH   SOLE   5,500 0 0
SCANSOURCE INC COM 806037107 383 9,500 SH   SOLE   9,500 0 0
SCHLUMBERGER LTD COM 806857108 249 3,720 SH   SOLE   0 0 3,720
SEACOAST BANKING CORP OF FLORI COM 811707801 411 13,000 SH   SOLE   13,000 0 0
STEEL DYNAMICS COM 858119100 620 13,500 SH   SOLE   13,500 0 0
STEPAN CO. COM 858586100 351 4,500 SH   SOLE   4,500 0 0
SUNCOR ENERGY INC NEW COM 867224107 683 16,800 SH   SOLE   0 0 16,800
SUPERIOR ENERGY SERVICES INC. COM 868157108 482 49,500 SH   SOLE   0 0 49,500
SVB FINANCIAL GROUP COM 78486Q101 866 3,000 SH   SOLE   3,000 0 0
TAKE-TWO INTERACTIVE COM 874054109 710 6,000 SH   SOLE   6,000 0 0
TENCENT HOLDINGS LIMITED COM 88032Q109 697 13,877 SH   SOLE   13,800 0 77
TEXAS CAPITAL BANCSHARES COM 88224Q107 329 3,600 SH   SOLE   3,600 0 0
THERMO FISHER SCIENTIFIC COM 883556102 621 3,000 SH   SOLE   3,000 0 0
TPI COMPOSITES, INC. COM 87266J104 731 25,000 SH   SOLE   25,000 0 0
TWITTER INC COM 90184L102 258 5,900 SH   SOLE   0 0 5,900
UNION PACIFIC COM 907818108 298 2,100 SH   SOLE   0 0 2,100
UNITEDHEALTH GROUP COM 91324P102 797 3,250 SH   SOLE   3,250 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 975 19,370 SH   SOLE   0 0 19,370
VIRTUSA CORP COM 92827P102 389 8,000 SH   SOLE   8,000 0 0
WAL-MART STORES COM 931142103 505 5,900 SH   SOLE   0 0 5,900
WD 40 CO. COM 929236107 965 6,600 SH   SOLE   0 0 6,600
WHEATON PRECIOUS METALS CORP COM 962789102 441 20,000 SH   SOLE   20,000 0 0
WHIRLPOOL CORP COM 963320106 753 5,150 SH   SOLE   0 0 5,150
WILLIAMS CO COM 969457100 827 30,500 SH   SOLE   0 0 30,500
WORLDPAY INC COM 981558109 662 8,100 SH   SOLE   8,100 0 0
WPX ENERGY INC COM 98212B103 745 41,300 SH   SOLE   0 0 41,300
XPO LOGISTICS INC COM 983793100 1,002 10,000 SH   SOLE   10,000 0 0
ZEBRA TECHNOLOGIES COM 989207105 1,003 7,000 SH   SOLE   7,000 0 0
ZIONS BANCORPORATION COM 989701107 295 5,600 SH   SOLE   5,600 0 0