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
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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 Company COM 88579Y101 1,169 6,676 SH   OTR   5,906 0 770
8x8. Inc. COM 282914100 2,480 169,740 SH   OTR   143,670 0 26,070
Aflac Incorporated COM 001055102 1,004 13,919 SH   OTR   12,374 0 1,545
Akorn, Inc. COM 009728106 2,955 103,745 SH   OTR   92,046 0 11,699
American Express Company COM 025816109 686 11,286 SH   OTR   9,901 0 1,385
Array Biopharma Inc. COM 04269X105 1,283 360,282 SH   OTR   310,787 0 49,495
AtriCure Inc. COM 04963C209 2,646 187,226 SH   OTR   162,091 0 25,135
BioMarin Pharmaceutical Inc. COM 09061G101 910 11,697 SH   OTR   10,284 0 1,413
Bio-Techne Corp. COM 09073M104 226 2,000 SH   OTR   2,000 0 0
Callidus Software COM 13123E500 2,475 123,856 SH   OTR   105,026 0 18,830
Cempra, Inc COM 15130J109 1,707 103,515 SH   OTR   92,784 0 10,731
CommVault Systems Inc. COM 204166102 1,713 39,673 SH   OTR   33,578 0 6,095
Cummins Inc. COM 231021106 860 7,645 SH   OTR   6,745 0 900
Dominion Res Inc. VA COM 25746U109 855 10,970 SH   OTR   9,710 0 1,260
Eastman Chemical Co. COM 277432100 821 12,086 SH   OTR   10,631 0 1,455
Entellus Medical, Inc COM 29363K105 215 11,778 SH   OTR   11,778 0 0
Enzo Biochem, Inc COM 294100102 806 135,000 SH   DFND   135,000 0 0
Enzo Biochem, Inc COM 294100102 3,280 549,359 SH   OTR   524,947 0 24,412
EOG Resources COM 26875P101 859 10,295 SH   OTR   9,150 0 1,145
Exxon Mobil Corporation COM 30231G102 808 8,617 SH   OTR   7,616 0 1,001
Finisar Corp. COM NEW 31787A507 3,975 227,000 SH   DFND   227,000 0 0
Finisar Corp. COM NEW 31787A507 7,325 418,333 SH   OTR   395,767 0 22,566
General Electric Co. COM 369604103 273 8,660 SH   OTR   8,660 0 0
Gigamon Inc. COM 37518B102 2,449 65,500 SH   DFND   65,500 0 0
Gigamon Inc. COM 37518B102 8,863 237,035 SH   OTR   222,580 0 14,455
Gilead Sciences Inc. COM 375558103 239 2,868 SH   OTR   2,868 0 0
Halliburton Company COM 406216101 896 19,785 SH   OTR   17,195 0 2,590
HealthStream, Inc. COM 42222N103 922 34,776 SH   OTR   30,451 0 4,325
Healthways Inc. COM 422245100 207 17,905 SH   OTR   17,905 0 0
Hormel Foods Corporation COM 440452100 911 24,895 SH   OTR   21,855 0 3,040
Insulet Corp. COM 45784P101 1,690 55,882 SH   OTR   48,087 0 7,795
Integrated Device Technology Inc. COM 458118106 2,341 116,270 SH   OTR   98,700 0 17,570
Intersect ENT Inc. COM 46071F103 2,754 213,000 SH   DFND   213,000 0 0
Intersect ENT Inc. COM 46071F103 5,587 432,078 SH   OTR   408,268 0 23,810
IntraLinks Holdings Inc. COM 46118H104 1,922 295,715 SH   OTR   250,845 0 44,870
Johnson & Johnson COM 478160104 1,021 8,418 SH   OTR   7,443 0 975
K2M Grp Hldgs COM 48273J107 2,039 131,403 SH   OTR   114,443 0 16,960
LDR Holding Corporation COM 50185U105 231 6,253 SH   OTR   6,253 0 0
Lexicon Pharmaceuticals Inc. COM NEW 528872302 186 12,970 SH   OTR   12,970 0 0
Ligand Pharmaceuticals Inc COM NEW 53220K504 3,628 30,417 SH   OTR   26,684 0 3,733
Marriott Intl. Inc. CL A 571903202 995 14,972 SH   OTR   13,130 0 1,842
MaxLinear, Inc. CL A 57776J100 1,195 66,444 SH   OTR   56,519 0 9,925
NeoGenomics Inc COM NEW 64049M209 2,525 314,000 SH   DFND   314,000 0 0
NeoGenomics Inc COM NEW 64049M209 9,350 1,162,902 SH   OTR   1,111,607 0 51,295
Nordstrom Inc. COM 655664100 472 12,393 SH   OTR   10,833 0 1,560
NxStage Medical, Inc COM 67072V103 3,530 162,837 SH   OTR   141,577 0 21,260
Oclaro, Inc. COM NEW 67555N206 23,568 4,829,500 SH   DFND   4,829,500 0 0
Oclaro, Inc. COM NEW 67555N206 30,588 6,268,037 SH   OTR   6,212,242 0 55,795
Omnicell Inc. COM 68213N109 856 25,000 SH   DFND   25,000 0 0
Omnicell Inc. COM 68213N109 3,673 107,312 SH   OTR   95,157 0 12,155
PowerShares QQQ Trust UNIT SER 1 73935A104 317 2,950 SH   OTR   2,950 0 0
The Procter & Gamble Company COM 742718109 902 10,657 SH   OTR   9,377 0 1,280
Qorvo Inc. COM 74736K101 2,027 36,680 SH   OTR   31,271 0 5,409
QUALCOMM Inc. COM 747525103 729 13,617 SH   OTR   11,967 0 1,650
RTI Surgical Inc. COM 74975N105 653 182,000 SH   DFND   182,000 0 0
RTI Surgical Inc. COM 74975N105 4,080 1,136,593 SH   OTR   1,054,538 0 82,055
Skyworks Solutions COM 83088M102 1,958 30,940 SH   OTR   26,360 0 4,580
Southwest Airlines Co. COM 844741108 1,078 27,495 SH   OTR   24,265 0 3,230
SPDR Trust Ser 1 TR UNIT 78462F103 953 4,550 SH   OTR   4,550 0 0
SPS Commerce, Inc. COM 78463M107 1,686 27,829 SH   OTR   23,584 0 4,245
Superconductor Technologies, Inc. COM PAR $0.001 867931404 604 3,198,290 SH   DFND   3,198,290 0 0
Superconductor Technologies, Inc. COM PAR $0.001 867931404 890 4,709,501 SH   OTR   4,709,501 0 0
Supernus Pharmaceuticals, Inc. COM 868459108 975 47,884 SH   OTR   42,004 0 5,880
T. Rowe Price COM 74144T108 800 10,958 SH   OTR   9,688 0 1,270
Teligent, Inc. COM 87960W104 3,953 553,600 SH   DFND   553,600 0 0
Teligent, Inc. COM 87960W104 10,869 1,522,335 SH   OTR   1,455,585 0 66,750
V F Corporation COM 918204108 893 14,527 SH   OTR   12,827 0 1,700
Vanguard Short-Term Corporate SHRT TRM CORP BD 92206C409 323 4,000 SH   OTR   4,000 0 0
Vanguard Total Stock TOTAL STK MKT 922908769 386 3,600 SH   OTR   3,600 0 0
Veracyte Inc. COM 92337F107 111 21,975 SH   OTR   21,975 0 0
Verizon Communications, Inc. COM 92343V104 943 16,891 SH   OTR   14,966 0 1,925
Wells Fargo & Co. COM 949746101 913 19,298 SH   OTR   17,248 0 2,050