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

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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
ASML Holding, N.V. COM N07059210 2,007 19,865 SH   SOLE   17,955 0 1,910
Advent Software, Inc. COM 007974108 5,862 132,903 SH   SOLE   132,903 0 0
Alexion Pharmaceuticals COM 015351109 4,487 25,892 SH   SOLE   23,388 0 2,504
Alibaba Group Holdings, Ltd. COM 01609W102 988 11,875 SH   SOLE   10,700 0 1,175
Alliance Bancorp Inc. of Penns COM 01890A108 3,476 160,922 SH   SOLE   160,922 0 0
Amazon.com, Inc. COM 023135106 7,526 20,227 SH   SOLE   18,225 0 2,002
American International Group, COM 026874784 1,099 20,050 SH   SOLE   15,025 0 5,025
Apple Computer, Inc. COM 037833100 11,857 95,287 SH   SOLE   83,439 0 11,848
Aruba Networks, Inc. COM 043176106 14,207 580,114 SH   SOLE   580,114 0 0
Auspex Pharmaceuticals COM 05211J102 8,904 88,800 SH   SOLE   88,800 0 0
Aviv REIT, Inc. COM 05381L101 27,850 763,023 SH   SOLE   763,023 0 0
Bank of America Corp. COM 060505104 6,773 440,102 SH   SOLE   391,882 0 48,220
Boeing Co. COM 097023105 6,808 45,362 SH   SOLE   40,394 0 4,968
Bridge Capital Holdings COM 108030107 2,872 110,000 SH   SOLE   110,000 0 0
Catamaran Corp. COM 148887102 2,977 50,000 SH   SOLE   50,000 0 0
Cellular Dynamics Internationa COM 15117V109 3,842 233,852 SH   SOLE   233,852 0 0
Cimatron Limited Designs COM M23798107 149 16,872 SH   SOLE   16,872 0 0
Cisco Systems, Inc. COM 17275R102 3,391 123,200 SH   SOLE   110,955 0 12,245
Citigroup Inc. COM 172967424 7,034 136,535 SH   SOLE   121,138 0 15,397
Citizens National Bancorp COM 174768101 706 10,576 SH   SOLE   10,576 0 0
City National Corp. COM 178566105 6,236 70,000 SH   SOLE   70,000 0 0
Community National Bank COM 20375W104 1,911 95,527 SH   SOLE   95,527 0 0
Community Southern Holdings, I COM 20405E108 632 55,252 SH   SOLE   55,252 0 0
Costco Wholesale Corp. COM 22160K105 5,745 37,919 SH   SOLE   34,124 0 3,795
EOG Resources, Inc. COM 26875P101 6,825 74,440 SH   SOLE   64,396 0 10,044
Emulex Corp. COM 292475209 16,315 2,047,080 SH   SOLE   2,047,080 0 0
Entropic Communications, Inc. COM 29384R105 1,875 633,573 SH   SOLE   633,573 0 0
Exelis, Inc. COM 30162A108 7,311 300,000 SH   SOLE   300,000 0 0
Facebook, Inc.-A COM 30303M102 7,723 93,935 SH   SOLE   84,590 0 9,345
Fiesta Restaurant Group, Inc. COM 31660B101 1,356 22,235 SH   SOLE   22,235 0 0
First Mountain Bank COM 321052102 645 92,157 SH   SOLE   92,157 0 0
Google Inc. - Class C COM 38259P706 6,847 12,495 SH   SOLE   11,057 0 1,438
GrubHub, Inc. COM 400110102 2,555 56,290 SH   SOLE   56,290 0 0
Hampden Bancorp, Inc COM 40867E107 5,530 246,347 SH   SOLE   246,347 0 0
Hanesbrands, Inc. COM 410345102 3,415 101,905 SH   SOLE   91,155 0 10,750
Heritage Financial Group, Inc. COM 42726X102 10,823 397,471 SH   SOLE   397,471 0 0
Horizon Lines, Inc. COM 44044K309 910 1,399,644 SH   SOLE   1,399,644 0 0
Hospira, Inc. COM 441060100 11,516 131,100 SH   SOLE   131,100 0 0
Hudson Valley Holding Corp. COM 444172100 7,141 279,389 SH   SOLE   279,389 0 0
Humana, Inc. COM 444859102 12,085 67,886 SH   SOLE   61,446 0 6,440
Keurig Green Mountain, Inc COM 49271M100 1,140 10,200 SH   SOLE   9,195 0 1,005
Kofax Ltd. COM G5307C105 1,485 135,600 SH   SOLE   135,600 0 0
LNB Bancorp, Inc. COM 502100100 3,936 220,609 SH   SOLE   220,609 0 0
LendingClub Corp. COM 52603A109 3,559 181,145 SH   SOLE   163,065 0 18,080
Liberty Broadband COM 530307107 777 13,760 SH   SOLE   12,159 0 1,601
Liberty Broadband - C COM 530307305 1,198 21,165 SH   SOLE   19,073 0 2,092
Liberty Global, Inc. Cl A COM G5480U104 4,113 79,905 SH   SOLE   67,015 0 12,890
Liberty Media Corp. COM 531229102 3,027 78,525 SH   SOLE   70,820 0 7,705
Liberty Media Corp. - C COM 531229300 3,223 84,360 SH   SOLE   75,840 0 8,520
Life Time Fitness, Inc. COM 53217R207 7,493 105,600 SH   SOLE   105,600 0 0
LinkedIn Corp. COM 53578A108 4,144 16,587 SH   SOLE   14,720 0 1,867
Lululemon Athletica COM 550021109 1,298 20,275 SH   SOLE   20,275 0 0
Mastercard Inc. - Class A COM 57636Q104 7,442 86,150 SH   SOLE   77,725 0 8,425
MeadWestvaco Corp. COM 583334107 6,345 127,229 SH   SOLE   127,229 0 0
Meadowbrook Insurance Group, I COM 58319P108 3,972 467,259 SH   SOLE   467,259 0 0
Mellanox Technologies, Ltd. COM M51363113 2,761 60,898 SH   SOLE   60,898 0 0
Middleby Corp. COM 596278101 2,723 26,529 SH   SOLE   26,529 0 0
Monarch Community Bancorp, Inc COM 609045208 3,702 1,225,891 SH   SOLE   1,225,891 0 0
Monsanto Company COM 61166W101 3,724 33,087 SH   SOLE   29,718 0 3,369
Old Dominion Freight Line, Inc COM 679580100 2,031 26,270 SH   SOLE   23,665 0 2,605
Oneida Financial Corp. COM 682479100 854 43,400 SH   SOLE   43,400 0 0
Orbitz Worldwide, Inc. COM 68557K109 991 85,000 SH   SOLE   85,000 0 0
Peoples Bancorp COM 709788202 1,116 35,942 SH   SOLE   35,942 0 0
Pharmacyclics, Inc. COM 716933106 5,119 20,000 SH   SOLE   20,000 0 0
Pioneer Natural Resources Comp COM 723787107 3,468 21,210 SH   SOLE   19,905 0 1,305
Pulse Electronics Corp. COM 74586W205 388 247,140 SH   SOLE   247,140 0 0
RTI International Metals, Inc. COM 74973W107 9,650 268,725 SH   SOLE   268,725 0 0
Restoration Hardware Holding COM 761283100 4,604 46,415 SH   SOLE   41,785 0 4,630
Riverbed Technology, Inc. COM 768573107 20,232 967,578 SH   SOLE   967,578 0 0
Ryanair Holdings Plc - SP ADR COM 783513104 2,716 40,675 SH   SOLE   36,644 0 4,031
S&T Bancorp, Inc. COM 783859101 3,387 119,348 SH   SOLE   119,348 0 0
SVB Financial Group COM 78486Q101 2,622 20,640 SH   SOLE   20,640 0 0
Salesforce.com, Inc. COM 79466L302 7,930 118,689 SH   SOLE   106,050 0 12,639
Salix Pharmaceuticals Ltd COM 795435106 7,662 44,340 SH   SOLE   44,340 0 0
Scripps Networks Interactive-C COM 811065101 2,305 33,623 SH   SOLE   29,461 0 4,162
Sigma-Aldrich Corp. COM 826552101 20,671 149,521 SH   SOLE   149,521 0 0
Splunk, Inc. COM 848637104 3,167 53,505 SH   SOLE   48,560 0 4,945
Square 1 Financial, Inc. COM 85223W101 2,567 95,900 SH   SOLE   95,900 0 0
Starbucks Corp. COM 855244109 805 8,505 SH   SOLE   6,170 0 2,335
State Investors Bancorp, Inc. COM 857030100 1,555 74,064 SH   SOLE   74,064 0 0
Susquehanna Bancshares, Inc. COM 869099101 4,808 350,700 SH   SOLE   350,700 0 0
TJX Company, Inc. COM 872540109 3,488 49,787 SH   SOLE   44,545 0 5,242
TRW Automotive Holdings Corp. COM 87264S106 21,050 200,762 SH   SOLE   200,762 0 0
Tesla Motors, Inc. COM 88160R101 745 3,945 SH   SOLE   3,945 0 0
The Bank of Kentucky Financial COM 062896105 17,259 351,863 SH   SOLE   351,863 0 0
Time Warner, Inc. COM 887317303 4,106 48,626 SH   SOLE   43,788 0 4,838
Viasystems Group, Inc COM 92553H803 2,661 152,143 SH   SOLE   152,143 0 0
Walt Disney Company/The COM 254687106 4,799 45,753 SH   SOLE   41,028 0 4,725
Workday, Inc. - Class A COM 98138H101 4,880 57,810 SH   SOLE   51,960 0 5,850
Yahoo!, Inc. COM 984332106 999 22,485 SH   SOLE   20,255 0 2,230
Youku Tudou, Inc. COM 98742U100 631 50,440 SH   SOLE   50,440 0 0
Zoe's Kitchen, Inc COM 98979J109 1,385 41,605 SH   SOLE   41,605 0 0