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
A T & T INC (NEW) COM 00206R102 620 17,452 SH   DFND   11,532 5,920 0
ABIOMED INC COM COM 3654100 3,418 52,003 SH   DFND   34,043 17,960 0
ALIGN TECHNOLOGY INC COM COM 16255101 353 5,635 SH   DFND   0 5,635 0
ALLEGHANY CORP DEL COM COM 17175100 328 700 SH   SOLE   700 0 0
AMERICAN NATL INS CO COM COM 28591105 2,722 26,604 SH   DFND   18,663 7,941 0
ASTROTECH CORP COM 46484101 39 14,500 SH   SOLE   14,500 0 0
BOEING CO COM COM 97023105 466 3,355 SH   DFND   3,290 65 0
BRISTOL MYERS SQUIBB CO COM 110122108 341 5,123 SH   SOLE   5,123 0 0
CALAVO GROWERS INC COM COM 128246105 3,998 76,992 SH   DFND   51,112 25,880 0
CALIFORNIA RESOURCES CORP COM 13057Q107 0 24 SH   SOLE   24 0 0
CALLIDUS SOFTWARE INC COM COM 13123E500 904 58,033 SH   DFND   39,233 18,800 0
CELGENE CORP COM COM 151020104 442 6,959 SH   DFND   5,637 1,322 0
CHEVRONTEXACO CORP COM COM 166764100 353 3,660 SH   DFND   3,652 8 0
COMSTOCK RES INC COM NEW COM 205768203 3 1,006 SH   SOLE   1,006 0 0
CONTANGO OIL & GAS COMPANY COM COM 21075N204 735 59,940 SH   DFND   39,139 20,801 0
COUER MINING ING COM 192108504 28 4,825 SH   SOLE   4,825 0 0
CREDIT SUISSE NASSAU BRH GOLD PREFERRED STOCKS 22542D480 269 23,290 SH   DFND   6,840 16,450 0
CUBIC CORP COM COM 229669106 1,475 31,001 SH   DFND   19,027 11,974 0
DEERE & CO COM COM 244199105 388 4,000 SH   DFND   2,000 2,000 0
DOW CHEMICAL CORP COM 260543103 352 6,864 SH   SOLE   6,864 0 0
ENSCO PLC SHS CLASS A COM G3157S106 693 31,127 SH   DFND   19,637 11,490 0
ETFS SILVER TRUST COM 26922X107 5 324 SH   SOLE   324 0 0
EXCO RESOURCES INC COM 269279402 1 1,000 SH   SOLE   1,000 0 0
EXXON MOBIL CORP COM COM 30231G102 1,033 12,412 SH   DFND   6,572 5,840 0
FIREEYE INC COM COM 31816Q101 3,910 79,942 SH   DFND   47,381 32,561 0
FLUOR CORP COM 343412102 21 400 SH   SOLE   400 0 0
GENERAL ELEC CO COM 369604103 315 11,870 SH   SOLE   11,870 0 0
GILEAD SCIENCES INC COM COM 375558103 488 4,170 SH   DFND   0 4,170 0
GTT COMMUNICATIONS INC COM COM 362393100 2,770 116,063 SH   DFND   78,620 37,443 0
HD SUPPLY HLDGS INC COM COM 40416M105 2,249 63,936 SH   DFND   39,847 24,089 0
ILLINOIS TOOL WKS INC COM COM 452308109 333 3,625 SH   DFND   50 3,575 0
ILLUMINA INC COM COM 452327109 3,778 17,298 SH   DFND   10,243 7,055 0
INTREPID POTASH INC COM COM 46121Y102 1,763 147,675 SH   DFND   96,657 51,018 0
ISHARES GOLD TRUST COM 464285105 7 656 SH   SOLE   656 0 0
ISIS PHARMACEUTICALS INC COM COM 464330109 1,975 34,330 SH   DFND   18,200 15,830 0
JACOBS ENGR GROUP INC DEL COM COM 469814107 1,504 37,028 SH   DFND   24,976 12,052 0
JOHNSON & JOHNSON COM 478160104 1,049 10,768 SH   DFND   5,523 5,245 0
KAYNE ANDERSON MLP INVT CO COM COM 486606106 561 18,285 SH   DFND   0 18,285 0
KB HOME COM COM 48666K109 2,763 166,457 SH   DFND   118,517 47,940 0
KKR & CO L P DEL COM UNITS COM 48248M102 417 18,258 SH   DFND   13,615 4,643 0
LSI INDS INC COM COM 50216C108 121 13,000 SH   SOLE   13,000 0 0
MASTEC INC COM COM 576323109 1,927 96,966 SH   DFND   54,935 42,031 0
MCDERMOTT INTERNATIONAL COM 580037109 28 5,250 SH   SOLE   5,250 0 0
MEAD JOHNSON NUTRITION CO COM COM 582839106 321 3,560 SH   SOLE   3,560 0 0
MICROSEMI CORP COM COM 595137100 2,365 67,665 SH   DFND   46,489 21,176 0
MILLER ENERGY RES INC COM COM 600527105 1 300 SH   SOLE   300 0 0
MILLS MUSIC TRUST COM 601158108 1 60 SH   SOLE   60 0 0
MITEK SYS INC COM NEW COM 606710200 235 62,035 SH   DFND   0 62,035 0
MTS SYS CORP COM COM 553777103 2,249 32,612 SH   DFND   19,433 13,179 0
NEWMONT MINING CORP COM 651639106 19 800 SH   SOLE   800 0 0
NORFOLK SOUTHN CORP COM 655844108 426 4,880 SH   SOLE   4,880 0 0
OMNICOM GROUP COM COM 681919106 526 7,580 SH   DFND   2,783 4,797 0
ON SEMICONDUCTOR CORP COM COM 682189105 417 35,640 SH   DFND   0 35,640 0
ORGANOVO HLDGS INC COM COM 68620A104 139 36,990 SH   DFND   0 36,990 0
PACIFIC DRILLING SA LUXEMBOURE COM L7257P106 32 11,400 SH   DFND   0 11,400 0
PCS EDVENTURES COM INC COM COM 69325N102 3 20,700 SH   DFND   0 20,700 0
PFIZER INC COM 717081103 396 11,820 SH   SOLE   11,820 0 0
PREMIER EXHIBITIONS INC COM 740S1E102 1 300 SH   SOLE   300 0 0
PRICESMART INC COM COM 741511109 1,655 18,139 SH   DFND   12,271 5,868 0
PRIVATEBANCORP INC COM COM 742962103 2,799 70,308 SH   DFND   52,532 17,776 0
PROSPECT CAPITAL CORPORATIONCO COM 74348T102 2,800 379,903 SH   DFND   217,533 162,370 0
QUALCOMM INC COM COM 747525103 251 4,000 SH   DFND   0 4,000 0
RAYTHEON CO COM NEW COM 755111507 326 3,405 SH   DFND   0 3,405 0
ROSS STORES INC COM COM 778296103 1,067 21,932 SH   DFND   11,726 10,206 0
SABINE OIL & GAS CORP COM 78532P107 0 25 SH   SOLE   25 0 0
SANDISK CORP COM COM 80004C101 2,535 43,546 SH   DFND   24,776 18,770 0
SENOMYX INC COM COM 81724Q107 927 172,979 SH   DFND   112,691 60,288 0
SJW CORP COM COM 784305104 238 7,740 SH   SOLE   7,740 0 0
SNAP ON INC COM COM 833034101 234 1,470 SH   SOLE   1,470 0 0
TRI POINTE HOMES INC COM COM 87265H109 1,685 110,143 SH   DFND   54,353 55,790 0
TRONOX LTD SHS CL A COM Q9235V101 1,644 112,422 SH   DFND   76,660 35,762 0
TROVAGENE INC COM NEW COM 897238309 390 38,400 SH   DFND   0 38,400 0
UNILEVER NV N Y SHS NEW COM 904784709 234 5,600 SH   SOLE   5,600 0 0
UNION PAC CORP COM 907818108 469 4,920 SH   SOLE   4,920 0 0
V F CORP COM 918204108 779 11,170 SH   DFND   3,730 7,440 0
VANGUARD CALIF TAX FREE FD ST MUTUAL FUNDS 922907803 202 12,755 SH   DFND   0 12,755 0
VANGUARD FIXED INCOME SECS GNM COM 922031307 629 58,966 SH   DFND   0 58,966 0
VERIZON COMMUNICATIONS COM COM 92343V104 594 12,740 SH   DFND   1,450 11,290 0
WABTEC CORP COM COM 929740108 810 8,600 SH   DFND   880 7,720 0
WELLS FARGO & CO NEW COM COM 949746101 404 7,175 SH   DFND   4,405 2,770 0
WESTERN DIGITAL CORP COM COM 958102105 0 1 SH   SOLE   1 0 0