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
ABERCROMBIE & FITCH CO CL A COM 002896207 466 22,000 SH   SOLE   22,000 0 0
ACCENTURE PLC IRELAND SHS CLAS COM G1151C101 5,474 55,712 SH   SOLE   55,712 0 0
ACE LTD SHS COM H0023R105 18,023 174,302 SH   SOLE   174,302 0 0
ADVANCED ENERGY INDS COM COM 007973100 404 15,350 SH   SOLE   15,350 0 0
AFFYMETRIX INC COM COM 00826T108 171 20,000 SH   SOLE   20,000 0 0
ALLIANCE DATA SYS CORP COM COM 018581108 1,315 5,076 SH   SOLE   5,076 0 0
AMAZON INC COM COM 023135106 31,161 60,874 SH   SOLE   60,874 0 0
AMBARELLA INC SHS COM G037AX101 555 9,600 SH   SOLE   9,600 0 0
AMDOCS LTD ORD COM G02602103 6,748 118,632 SH   SOLE   118,632 0 0
AMGEN INC COM COM 031162100 29,491 213,209 SH   SOLE   213,209 0 0
AMSURG CORP COM COM 03232P405 820 10,550 SH   SOLE   10,550 0 0
ANTHEM INC COM COM 036752103 3,178 22,700 SH   SOLE   22,700 0 0
APPLE INC COM 037833100 7,580 68,722 SH   SOLE   68,722 0 0
ARGAN INC COM COM 04010E109 286 8,250 SH   SOLE   8,250 0 0
ARISTA NETWORKS INC COM COM 040413106 988 16,150 SH   SOLE   16,150 0 0
ARROW ELECTRONICS INC COM COM 042735100 3,129 56,605 SH   SOLE   56,605 0 0
ASSURANT INC COM COM 04621X108 1,768 22,380 SH   SOLE   22,380 0 0
AVG TECHNOLOGIES N V SHS COM N07831105 1,994 91,700 SH   SOLE   91,700 0 0
BANK OF NEW YORK MELLON COM COM 064058100 4,692 119,855 SH   SOLE   119,855 0 0
BARD C R INC COM COM 067383109 26,824 143,975 SH   SOLE   143,975 0 0
BECTON DICKINSON COM 075887109 3,064 23,100 SH   SOLE   23,100 0 0
BIO TECHNE CORP COM COM 09073M104 1,248 13,500 SH   SOLE   13,500 0 0
BROADCOM CORP COM CL A COM 111320107 8,510 165,461 SH   SOLE   165,461 0 0
CA INC COM COM 12673P105 5,289 193,726 SH   SOLE   193,726 0 0
CAI INTERNATIONAL INC COM COM 12477X106 125 12,450 SH   SOLE   12,450 0 0
CALAMOS ASSET MGMT INC CL A COM 12811R104 310 32,700 SH   SOLE   32,700 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 3,910 53,920 SH   SOLE   53,920 0 0
CARDINAL HEALTH INC. COM 14149Y108 4,310 56,100 SH   SOLE   56,100 0 0
CHARLES RIV LABS INTL COM COM 159864107 2,052 32,300 SH   SOLE   32,300 0 0
CHECK POINT SOFTWARE COM M22465104 4,973 62,685 SH   SOLE   62,685 0 0
CIGNA CORP. COM 125509109 2,457 18,200 SH   SOLE   18,200 0 0
CIRRUS LOGIC CORP COM 172755100 1,747 55,450 SH   SOLE   55,450 0 0
CISCO SYS INC COM COM 17275R102 41,033 1,563,158 SH   SOLE   1,563,158 0 0
CIT GROUP INC COM NEW COM 125581801 15,286 381,861 SH   SOLE   381,861 0 0
CITRIX SYSTEMS, INC. COM 177376100 679 9,800 SH   SOLE   9,800 0 0
CNO FINL GROUP INC COM COM 12621E103 282 15,000 SH   SOLE   15,000 0 0
COGNIZANT TECH SOLUTIONS CORP COM 192446102 20,318 324,522 SH   SOLE   324,522 0 0
COMPUTER SCIENCES CORP. COM 205363104 5,896 96,065 SH   SOLE   96,065 0 0
CORNING INC COM COM 219350105 2,916 170,332 SH   SOLE   170,332 0 0
COWEN GROUP INC NEW CL A COM 223622101 419 91,900 SH   SOLE   91,900 0 0
CSG SYSTEMS INTERNATIONAL INC. COM 126349109 478 15,519 SH   SOLE   15,519 0 0
DAVITA INC COM COM 23918K108 1,418 19,600 SH   SOLE   19,600 0 0
DISCOVERY COMMUN NEW COM SER A COM 25470F104 203 7,800 SH   SOLE   7,800 0 0
DOLBY LABORATORIES INC COM COM 25659T107 256 7,850 SH   SOLE   7,850 0 0
ELI LILLY & CO. COM 532457108 2,301 27,500 SH   SOLE   27,500 0 0
EMC CORP-MASS COM 268648102 2,487 102,955 SH   SOLE   102,955 0 0
EVEREST RE GROUP LTD COM COM G3223R108 2,565 14,795 SH   SOLE   14,795 0 0
EXPRESS SCRIPTS HLDG COM COM 30219G108 9,756 120,500 SH   SOLE   120,500 0 0
F5 NETWORKS INC COM COM 315616102 1,077 9,300 SH   SOLE   9,300 0 0
FABRINET SHS COM G3323L100 403 22,000 SH   SOLE   22,000 0 0
FIRST BANCORP N C COM COM 318910106 908 53,425 SH   SOLE   53,425 0 0
FLEXTRONICS INTL LTD ORD COM Y2573F102 2,685 254,760 SH   SOLE   254,760 0 0
FORTINET INC COM COM 34959E109 2,099 49,400 SH   SOLE   49,400 0 0
GOOGLE INC CL A COM 38259P508 22,323 34,969 SH   SOLE   34,969 0 0
GOOGLE INC CL C COM 38259P706 22,336 36,712 SH   SOLE   36,712 0 0
GREAT SOUTHN BANCORP COM COM 390905107 2,525 58,310 SH   SOLE   58,310 0 0
GUESS INC COM COM 401617105 401 18,780 SH   SOLE   18,780 0 0
HARTFORD FINL SVCS COM COM 416515104 293 6,400 SH   SOLE   6,400 0 0
HEWLETT PACKARD CO COM 40434L105 3,270 127,690 SH   SOLE   127,690 0 0
HOLLYSYS AUTOMATION TE SHS COM G45667105 292 16,700 SH   SOLE   16,700 0 0
HUNTINGTON INGALLS IND COM COM 446413106 4,128 38,521 SH   SOLE   38,521 0 0
IAC INTERACTIVECORP COM PAR $. COM 44919P508 5,400 82,733 SH   SOLE   82,733 0 0
ILLUMINA INC COM COM 452327109 1,266 7,200 SH   SOLE   7,200 0 0
INFOBLOX INC COM COM 45672H104 635 39,750 SH   SOLE   39,750 0 0
INGRAM MICRO INC CL A COM 457153104 3,590 131,780 SH   SOLE   131,780 0 0
INTEL CORP COM 458140100 5,044 167,340 SH   SOLE   167,340 0 0
INTERNATIONAL BNCSHRS COM COM 459044103 2,617 104,555 SH   SOLE   104,555 0 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 18,929 130,573 SH   SOLE   130,573 0 0
INTERPUBLIC GROUP OF COMPANIES COM 460690100 2,429 126,960 SH   SOLE   126,960 0 0
JANUS CAP GROUP INC COM COM 47102X105 427 31,400 SH   SOLE   31,400 0 0
JOHNSON & JOHNSON COM 478160104 2,026 21,700 SH   SOLE   21,700 0 0
JPMORGAN CHASE & CO COM COM 46625H100 27,899 457,587 SH   SOLE   457,587 0 0
JUNIPER NETWORKS INC COM COM 48203R104 3,502 136,215 SH   SOLE   136,215 0 0
KEYSIGHT TECHNOLOGIES COM COM 49338L103 1,912 61,990 SH   SOLE   61,990 0 0
KLA-TENCOR CORP COM COM 482480100 20,482 409,635 SH   SOLE   409,635 0 0
KULICKE & SOFFA INDUSTRIES INC COM 501242101 289 31,500 SH   SOLE   31,500 0 0
L-3 COMMUNICATNS HLDGS COM COM 502424104 225 2,150 SH   SOLE   2,150 0 0
LAM RESEARCH CORP. COM 512807108 640 9,800 SH   SOLE   9,800 0 0
LEXMARK INT'L GROUP INC. CL A COM 529771107 1,916 66,105 SH   SOLE   66,105 0 0
LIBERTY MEDIA CORP DEL CL A COM 531229102 246 6,900 SH   SOLE   6,900 0 0
LINEAR TECHNOLOGY CORP COM COM 535678106 412 10,200 SH   SOLE   10,200 0 0
MAGELLAN HEALTH SVCS COM NEW COM 559079207 373 6,725 SH   SOLE   6,725 0 0
MALLINCKRODT PUB LTD C SHS COM G5785G107 320 5,000 SH   SOLE   5,000 0 0
MARVELL TECH GROUP LTD ORD COM G5876H105 2,640 291,730 SH   SOLE   291,730 0 0
MCKESSON CORP COM COM 58155Q103 1,452 7,850 SH   SOLE   7,850 0 0
MEDTRONIC PLC SHS COM G5960L103 8,144 121,658 SH   SOLE   121,658 0 0
MERCADOLIBRE INC COM COM 58733R102 872 9,575 SH   SOLE   9,575 0 0
MERCK & CO INC NEW COM COM 58933Y105 2,578 52,200 SH   SOLE   52,200 0 0
MICROSOFT COM 594918104 12,032 271,852 SH   SOLE   271,852 0 0
NABORS INDUSTRIES LTD SHS COM G6359F103 2,206 233,410 SH   SOLE   233,410 0 0
NETAPP INC COM COM 64110D104 3,300 111,490 SH   SOLE   111,490 0 0
NEWPORT CORP. COM 651824104 332 24,142 SH   SOLE   24,142 0 0
NIELSEN HLDGS PLC SHS EUR COM G6518L108 251 5,650 SH   SOLE   5,650 0 0
NORTHROP GRUMMAN CORP COM COM 666807102 3,152 18,995 SH   SOLE   18,995 0 0
NVIDIA CORP COM 67066G104 4,442 180,200 SH   SOLE   180,200 0 0
NXP SEMICONDUCTORS N V COM COM N6596X109 1,589 18,250 SH   SOLE   18,250 0 0
ORACLE SYSTEMS CORP. COM 68389X105 6,588 182,395 SH   SOLE   182,395 0 0
OWENS & MINOR INC NEW COM COM 690732102 2,843 89,000 SH   SOLE   89,000 0 0
PALO ALTO NETWORKS INC COM COM 697435105 1,015 5,900 SH   SOLE   5,900 0 0
PARKER-HANNIFIN CORP. COM 701094104 2,668 27,420 SH   SOLE   27,420 0 0
PAYCHEX INC. COM 704326107 3,793 79,635 SH   SOLE   79,635 0 0
PEPSICO INC. COM 713448108 4,575 48,520 SH   SOLE   48,520 0 0
PFIZER INC COM COM 717081103 3,392 108,006 SH   SOLE   108,006 0 0
PRIVATEBANCORP INC COM COM 742962103 504 13,150 SH   SOLE   13,150 0 0
PROTO LABS INC COM COM 743713109 280 4,175 SH   SOLE   4,175 0 0
QUALCOMM INC COM COM 747525103 13,327 248,032 SH   SOLE   248,032 0 0
QUALITY SYS INC COM COM 747582104 696 55,800 SH   SOLE   55,800 0 0
QUALYS INC COM COM 74758T303 675 23,700 SH   SOLE   23,700 0 0
QUEST DIAGNOSTIC SYSTEMS COM 74834L100 1,309 21,300 SH   SOLE   21,300 0 0
RAYTHEON CO COM 755111507 1,388 12,703 SH   SOLE   12,703 0 0
RED HAT INC COM COM 756577102 3,744 52,087 SH   SOLE   52,087 0 0
RUCKUS WIRELESS INC COM COM 781220108 963 81,100 SH   SOLE   81,100 0 0
SALESFORCE COM INC COM COM 79466L302 8,180 117,820 SH   SOLE   117,820 0 0
SANDISK CORP COM COM 80004C101 1,293 23,800 SH   SOLE   23,800 0 0
SCHWAB CHARLES CORP NEW COM COM 808513105 30,301 1,060,962 SH   SOLE   1,060,962 0 0
SKULLCANDY INC COM COM 83083J104 278 50,300 SH   SOLE   50,300 0 0
SOLARWINDS INC COM COM 83416B109 818 20,850 SH   SOLE   20,850 0 0
STRYKER CORP COM 863667101 2,974 31,600 SH   SOLE   31,600 0 0
SUNTRUST BKS INC COM 867914103 2,723 71,205 SH   SOLE   71,205 0 0
SYMANTEC CORPORATION COM 871503108 13,157 675,732 SH   SOLE   675,732 0 0
SYMETRA FINL CORP COM COM 87151Q106 611 19,300 SH   SOLE   19,300 0 0
SYNCHRONY FINL COM COM 87165B103 261 8,350 SH   SOLE   8,350 0 0
SYNOPSYS INC. COM 871607107 3,731 80,800 SH   SOLE   80,800 0 0
TCF FINL CORP COM COM 872275102 12,847 847,410 SH   SOLE   847,410 0 0
TECK RESOURCES LTD CL B COM 878742204 197 41,054 SH   SOLE   41,054 0 0
TOTAL SYS SVCS INC COM COM 891906109 1,910 42,045 SH   SOLE   42,045 0 0
TRANSOCEAN LTD REG SHS COM H8817H100 4,341 336,022 SH   SOLE   336,022 0 0
TRAVELERS COMPANIES COM COM 89417E109 3,230 32,450 SH   SOLE   32,450 0 0
TWENTY FIRST CENTY FOX CL A COM 90130A101 878 32,550 SH   SOLE   32,550 0 0
TWENTY FIRST CENTY FOX CL B COM 90130A200 2,712 100,200 SH   SOLE   100,200 0 0
UNDER ARMOUR INC CL A COM 904311107 290 3,000 SH   SOLE   3,000 0 0
UNION BANKSHARES CORP COM COM 90539J109 357 14,875 SH   SOLE   14,875 0 0
UNISYS CORP COM NEW COM 909214306 361 30,300 SH   SOLE   30,300 0 0
UNITED THERAPEUTIC DEL COM COM 91307C102 761 5,800 SH   SOLE   5,800 0 0
UNITEDHEALTH GRP INC COM COM 91324P102 1,984 17,100 SH   SOLE   17,100 0 0
US BANCORP DEL (NEW) COM 902973304 21,062 513,592 SH   SOLE   513,592 0 0
VANTIV INC CL A COM 92210H105 294 6,550 SH   SOLE   6,550 0 0
VASCO DATA SEC INTL IN COM COM 92230Y104 205 12,040 SH   SOLE   12,040 0 0
VCA ANTECH INC COM COM 918194101 2,659 50,500 SH   SOLE   50,500 0 0
VECTRUS INC COM 92242T101 2,446 111,001 SH   SOLE   111,001 0 0
VERINT SYS INC COM COM 92343X100 321 7,450 SH   SOLE   7,450 0 0
WATERS CORP COM 941848103 2,861 24,200 SH   SOLE   24,200 0 0
WEATHERFORD INTL PLC ORD SHS COM G48833100 90 10,600 SH   SOLE   10,600 0 0
WELLS FARGO CO. COM 949746101 20,070 390,840 SH   SOLE   390,840 0 0
WESTERN DIGITAL CORP. COM 958102105 5,839 73,505 SH   SOLE   73,505 0 0
WESTERN UN CO COM COM 959802109 3,040 165,587 SH   SOLE   165,587 0 0
WYNDHAM WORLDWIDE CORP COM COM 98310W108 216 3,000 SH   SOLE   3,000 0 0
XILINX INC. COM 983919101 23,216 547,550 SH   SOLE   547,550 0 0
ZIONS BANCORPORATION COM COM 989701107 320 11,625 SH   SOLE   11,625 0 0
ASTRAZENECA PLC SPONSORED ADR ADR 046353108 2,138 67,200 SH   SOLE   67,200 0 0
BAIDU INC SPON ADR REP A ADR 056752108 357 2,600 SH   SOLE   2,600 0 0
GLAXOSMITHKLINE PLC ADR 37733W105 2,319 60,300 SH   SOLE   60,300 0 0
NOVARTIS A G SPONSORED ADR ADR 66987V109 2,031 22,100 SH   SOLE   22,100 0 0
ROYAL DUTCH SHELL PLC SPONS AD ADR 780259206 1,974 41,648 SH   SOLE   41,648 0 0
SANOFI AVENTIS SPONSORED ADR ADR 80105N105 2,853 60,100 SH   SOLE   60,100 0 0
SILICON MOTION TECH CP SPONSOR ADR 82706C108 1,120 41,000 SH   SOLE   41,000 0 0
TEVA PHARMACEUTICAL INDS LTD A ADR 881624209 21,347 378,099 SH   SOLE   378,099 0 0