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
ADVISORY BOARD COM 00762W107 1,945 36,500 SH   SOLE 0 36,500 0 0
ADOBE SYSTEMS COM 00724F101 414 5,600 SH   SOLE 0 5,600 0 0
ARGAN INC. COM 04010E109 23,148 639,981 SH   SOLE 0 639,981 0 0
ALKERMES PLC COM G01767105 366 6,010 SH   SOLE 0 6,010 0 0
AMAG PHARMACEUTICALS, INC. COM 00163U106 7,007 128,200 SH   SOLE 0 128,200 0 0
ANADARKO PETROLEUM CORPORATION COM 032511107 584 7,054 SH   SOLE 0 7,054 0 0
DIGITAL TURBINE, INC. COM 25400W102 212 65,000 SH   SOLE 0 65,000 0 0
NATUS MEDICAL INC. COM 639050103 6,155 155,950 SH   SOLE 0 155,950 0 0
BALCHEM CORP COM 057665200 7,250 130,907 SH   SOLE 0 130,907 0 0
BG MEDICINE, INC. COM 08861T107 10 11,787 SH   SOLE 0 11,787 0 0
BAIDU, INC. - SPON ADR COM 056752108 208 1,000 SH   SOLE 0 1,000 0 0
POWERSHARES SENIOR LOAN PORTFOLIO COM 73936Q769 268 11,122 SH   SOLE 0 11,122 0 0
BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST BKN 09247D105 1,931 121,059 SH   SOLE 0 121,059 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 400 6,196 SH   SOLE 0 6,196 0 0
BROOKFIELD MORTGAGE OPPORTUNITY INCOME FUND COM 112792106 488 29,607 SH   SOLE 0 29,607 0 0
BERKSHIRE HATHAWAY A COM 084670108 4,785 22 SH   SOLE 0 22 0 0
BERKSHIRE HATHAWAY B COM 084670207 1,347 9,335 SH   SOLE 0 9,335 0 0
BROWN & BROWN INC COM 115236101 6,256 188,945 SH   SOLE 0 188,945 0 0
BLACKROCK CREDIT ALLOCATION INCOME TRUST FUND COM 092508100 984 73,125 SH   SOLE 0 73,125 0 0
BLACKSTONE GROUP COM 09253U108 233 6,000 SH   SOLE 0 6,000 0 0
CELGENE CORPORATION COM 151020104 1,695 14,700 SH   SOLE 0 14,700 0 0
CARLYLE GROUP COM 14309L102 771 28,450 SH   SOLE 0 28,450 0 0
COGNEX CORPORATION COM 192422103 283 5,700 SH   SOLE 0 5,700 0 0
CORE LABORATORIES NV COM N22717107 1,708 16,350 SH   SOLE 0 16,350 0 0
CANTEL MEDICAL CORP COM 138098108 463 9,750 SH   SOLE 0 9,750 0 0
COOPER COMPANIES, INC COM 216648402 7,105 37,910 SH   SOLE 0 37,910 0 0
COPART INC COM 217204106 12,475 332,036 SH   SOLE 0 332,036 0 0
COSTAR GROUP INC COM 22160N109 8,662 43,785 SH   SOLE 0 43,785 0 0
CVS HEALTH CORP COM 126650100 526 5,100 SH   SOLE 0 5,100 0 0
CHEVRON CORPORATION COM 166764100 343 3,270 SH   SOLE 0 3,270 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 690 9,648 SH   SOLE 0 9,648 0 0
DANAHER CORPORATION COM 235851102 1,740 20,500 SH   SOLE 0 20,500 0 0
SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST COM 78467X109 2,216 12,479 SH   SOLE 0 12,479 0 0
DAILY JOURNAL CORP COM 233912104 4,869 26,576 SH   SOLE 0 26,576 0 0
DIGITAL THEATER SYSTEMS INC. COM 23335C101 6,697 196,557 SH   SOLE 0 196,557 0 0
EBIX INC. COM 278715206 15,914 523,837 SH   SOLE 0 523,837 0 0
ISHARES MSCI EAFE INDEX FUND COM 464287465 1,988 30,976 SH   SOLE 0 30,976 0 0
ISHARES TR MSCI EAFE GROWTH INDEX FD COM 464288885 6,590 94,054 SH   SOLE 0 94,054 0 0
ELECTRONICS FOR IMAGING, INC. COM 286082102 3,810 91,250 SH   SOLE 0 91,250 0 0
ISHARES MSCI EAFE VALUE ETF COM 464288877 6,990 131,191 SH   SOLE 0 131,191 0 0
ENVESTNET INC COM 29404K106 4,532 80,820 SH   SOLE 0 80,820 0 0
BOTTOMLINE TECHNOLOGIES COM 101388106 275 10,060 SH   SOLE 0 10,060 0 0
EQUINIX INC COM 29444U700 271 1,165 SH   SOLE 0 1,165 0 0
EATON VANCE MUNICIPAL INCOME COM 27826U108 3,280 236,470 SH   SOLE 0 236,470 0 0
EATON VANCE NY MUNICIPAL INC. COM 27826W104 1,407 101,921 SH   SOLE 0 101,921 0 0
EXPEDITORS INTL COM 302130109 612 12,700 SH   SOLE 0 12,700 0 0
FEI COMPANY COM 30241L109 1,634 21,410 SH   SOLE 0 21,410 0 0
SPDR EURO STOXX 50 FUND COM 78463X202 4,004 103,140 SH   SOLE 0 103,140 0 0
FLEETMATICS GROUP PLC COM G35569105 5,754 128,300 SH   SOLE 0 128,300 0 0
FINANCIAL ENGINES, INC COM 317485100 9,454 226,000 SH   SOLE 0 226,000 0 0
FRANCO-NEVADA CORP COM 351858105 7,946 163,694 SH   SOLE 0 163,694 0 0
GUGGENHEIM BUILD AMERICA BONDS MANAGED DURATION TR COM 401664107 1,859 82,939 SH   SOLE 0 82,939 0 0
GENERAL MILLS INC COM 370334104 1,192 21,061 SH   SOLE 0 21,061 0 0
CORNING INC COM 219350105 204 8,989 SH   SOLE 0 8,989 0 0
GAMCO NATURAL RESOURCES GOLD AND INCOME TRUST COM 36465E101 2,959 370,808 SH   SOLE 0 370,808 0 0
GOOGLE INC - CL C COM 38259P706 252 460 SH   SOLE 0 460 0 0
GOOGLE INC. CLASS A COM 38259P508 255 460 SH   SOLE 0 460 0 0
HEALTHCARE SERVICES GROUP COM 421906108 1,361 42,350 SH   SOLE 0 42,350 0 0
HEWLETT-PACKARD COMPANY COM 428236103 269 8,630 SH   SOLE 0 8,630 0 0
HERCULES TECHNOLOGY GROWTH CAPITAL INC. COM 427096508 6,651 493,392 SH   SOLE 0 493,392 0 0
ISHARES INTERNATIONAL DEVELOPED REAL ESTATE ETF COM 464288489 2,905 93,568 SH   SOLE 0 93,568 0 0
IHS INC. COM 451734107 7,740 68,035 SH   SOLE 0 68,035 0 0
INCYTE CORP COM 45337C102 11,333 123,640 SH   SOLE 0 123,640 0 0
BROOKFIELD GLOBAL LISTED INFRASTRUCTURE INCOME FUN COM 11273Q109 2,720 133,394 SH   SOLE 0 133,394 0 0
ISHARES S&P 500 VALUE ETF COM 464287408 1,657 17,902 SH   SOLE 0 17,902 0 0
ISHARES S&P 500 GROWTH ETF COM 464287309 1,789 15,698 SH   SOLE 0 15,698 0 0
JOHNSON & JOHNSON COM 478160104 306 3,043 SH   SOLE 0 3,043 0 0
COCA-COLA CO COM 191216100 926 22,837 SH   SOLE 0 22,837 0 0
LITTELFUSE INC COM 537008104 10,241 103,035 SH   SOLE 0 103,035 0 0
LIGAND PHARMACEUTICALS - CL B COM 53220K504 8,292 107,535 SH   SOLE 0 107,535 0 0
LKQ CORP COM 501889208 2,942 115,100 SH   SOLE 0 115,100 0 0
LIFELOCK, INC. COM 53224V100 5,461 387,003 SH   SOLE 0 387,003 0 0
LOGMEIN, INC COM 54142L109 16,546 295,509 SH   SOLE 0 295,509 0 0
ISHARES IBOXX INV. GRADE CORP. BOND FUND COM 464287242 888 7,294 SH   SOLE 0 7,294 0 0
REMARK MEDIA INC. COM 75954W107 5,919 1,376,704 SH   SOLE 0 1,376,704 0 0
MEDICINES COMPANY COM 584688105 10,366 369,950 SH   SOLE 0 369,950 0 0
MONDELEZ INTERNATIONAL INC. COM 609207105 415 11,490 SH   SOLE 0 11,490 0 0
MEDIDATA SOLUTIONS INC COM 58471A105 1,915 39,055 SH   SOLE 0 39,055 0 0
MFS INTERMEDIATE INCOME TRUST COM 55273C107 2,013 413,339 SH   SOLE 0 413,339 0 0
MARKETAXESS HOLDINGS INC COM 57060D108 11,986 144,580 SH   SOLE 0 144,580 0 0
3M CO COM 88579Y101 343 2,077 SH   SOLE 0 2,077 0 0
ALTRIA GROUP INC COM 02209S103 1,116 22,305 SH   SOLE 0 22,305 0 0
ISHARES S&P NAT AMT-FREE MUN COM 464288414 368 3,323 SH   SOLE 0 3,323 0 0
MANAGED DURATION INV GRADE COM 56165R103 3,991 293,918 SH   SOLE 0 293,918 0 0
NEWPORT CORPORATION COM 651824104 9,490 497,908 SH   SOLE 0 497,908 0 0
NORFOLK SOUTHERN CORP COM 655844108 901 8,755 SH   SOLE 0 8,755 0 0
NETSCOUT SYSTEMS, INC. COM 64115T104 9,853 224,691 SH   SOLE 0 224,691 0 0
NVE CORPORATION COM 629445206 1,158 16,800 SH   SOLE 0 16,800 0 0
NV5 HOLDINGS INC. COM 62945V109 983 60,100 SH   SOLE 0 60,100 0 0
ORASURE TECHNOLOGIES INC. COM 68554V108 2,134 326,300 SH   SOLE 0 326,300 0 0
PIMCO DYNAMIC CREDIT INCOME FUND COM 72202D106 4,294 210,301 SH   SOLE 0 210,301 0 0
PEPSICO INC COM 713448108 1,946 20,349 SH   SOLE 0 20,349 0 0
POPE RESOURCES LTD - LP COM 732857107 601 9,470 SH   SOLE 0 9,470 0 0
PPG INDUSTRIES INC COM 693506107 715 3,171 SH   SOLE 0 3,171 0 0
PROS HOLDINGS INC. COM 74346Y103 3,904 158,000 SH   SOLE 0 158,000 0 0
POWERSHARES NATIONAL AMT-FREE MUNICIPAL BOND PORTF COM 73936T474 8,815 345,288 SH   SOLE 0 345,288 0 0
ROPER INDUSTRIES, INC COM 776696106 3,459 20,110 SH   SOLE 0 20,110 0 0
SHUTTERFLY INC. COM 82568P304 6,198 137,010 SH   SOLE 0 137,010 0 0
SVB FINANCIAL GROUP COM 78486Q101 8,701 68,489 SH   SOLE 0 68,489 0 0
INVENTURE FOODS, INC. COM 461212102 6,532 583,747 SH   SOLE 0 583,747 0 0
SYNCHRONOSS TECHNOLOGIES INC. COM 87157B103 4,869 102,600 SH   SOLE 0 102,600 0 0
SPECTRUM PHARMACEUTICALS INC. COM 84763A108 7,655 1,261,162 SH   SOLE 0 1,261,162 0 0
SPS COMMERCE INC COM 78463M107 201 3,000 SH   SOLE 0 3,000 0 0
SPDR S&P 500 ETF TRUST COM 78462F103 10,757 52,109 SH   SOLE 0 52,109 0 0
STERICYCLE INC COM 858912108 277 1,970 SH   SOLE 0 1,970 0 0
SUPERNUS PHARMACEUTICALS INC. COM 868459108 8,221 679,987 SH   SOLE 0 679,987 0 0
SOLARWINDS INC. COM 83416B109 8,680 169,400 SH   SOLE 0 169,400 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 1,327 13,500 SH   SOLE 0 13,500 0 0
SYNAPTICS INC. COM 87157D109 236 2,900 SH   SOLE 0 2,900 0 0
SYSCO CORPORATION COM 871829107 674 17,851 SH   SOLE 0 17,851 0 0
AT&T COM 00206R102 286 8,770 SH   SOLE 0 8,770 0 0
TASER INT`L INC. COM 87651B104 3,176 131,739 SH   SOLE 0 131,739 0 0
BIO-TECHNE CORP COM 09073M104 873 8,700 SH   SOLE 0 8,700 0 0
TEVA PHARMACEUTICAL ADR COM 881624209 760 12,200 SH   SOLE 0 12,200 0 0
T ROWE PRICE GROUP INC. COM 74144T108 208 2,570 SH   SOLE 0 2,570 0 0
TYLER TECHNOLOGIES, INC COM 902252105 2,244 18,620 SH   SOLE 0 18,620 0 0
UDR INC. COM 902653104 549 16,147 SH   SOLE 0 16,147 0 0
AMERCO HOLDING COMPANY COM 023586100 3,634 11,000 SH   SOLE 0 11,000 0 0
UNION PACIFIC CORP COM 907818108 4,531 41,832 SH   SOLE 0 41,832 0 0
VICOR CORP COM 925815102 22,352 1,470,510 SH   SOLE 0 1,470,510 0 0
VERINT SYSTEMS INC. COM 92343X100 8,094 130,700 SH   SOLE 0 130,700 0 0
VIASAT INC. COM 92552V100 4,304 72,200 SH   SOLE 0 72,200 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 329 6,770 SH   SOLE 0 6,770 0 0
WAGEWORKS INC. COM 930427109 5,562 104,300 SH   SOLE 0 104,300 0 0
WISCONSIN ENERGY CORP COM 976657106 984 19,873 SH   SOLE 0 19,873 0 0
WESTERN UNION COM 959802109 292 14,035 SH   SOLE 0 14,035 0 0
EXXON MOBIL CORP COM 30231G102 3,737 43,970 SH   SOLE 0 43,970 0 0