PRIMECAP

Q1 2015 13F · by Joel Fried, portfolio manager

As of: Mar 31, 2015
Filed: May 13, 2015
US stock: $102.4B · prev $98.7B
Positions: 258 · prev 260
Options notional: $0
Documents: 1· no amendments

Picture96.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 96.0%
Foreign stock not listed in the US 4.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves232 since the prior filing

+3.1 pp in · −3.0 pp out

New 8 +1.54 pp
Added 124 +1.56 pp
Trimmed 90 −1.56 pp
Exited 10 −1.47 pp

The book

Diversified · behaves like 52 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 13% a year, about 7.5 years per position

Low
Moderate
High

Top 5 positions23% of US stock

Positions258 in this filing · 10 exited


BIIBBiogen Inc.	6.83%	16,558,763	$7.0B	trimmed−4%	+0.92 pp	8 q
AMGNAmgen Inc	4.92%	31,488,010	$5.0B	trimmed−0%	−0.18 pp	8 q
LLYEli Lilly & Co.	4.22%	59,448,894	$4.3B	added+3%	+0.19 pp	8 q
LUVSouthwest Airlines Co.	3.36%	77,610,990	$3.4B	trimmed−1%	+0.01 pp	8 q
TXNTexas Instruments Incorporated	3.21%	57,410,471	$3.3B	trimmed−0%	+0.10 pp	8 q
unresolvedRoche Holding Ag-chf	2.76%	10,253,249	$2.8B	trimmed−1%	−0.10 pp	8 q
ADBEAdobe Inc.	2.66%	36,803,066	$2.7B	trimmed−4%	−0.17 pp	8 q
MSFTMicrosoft Corp	2.50%	62,903,823	$2.6B	trimmed−1%	−0.49 pp	8 q
FDXFedEx Corporation	2.45%	15,189,773	$2.5B	trimmed−2%	−0.28 pp	8 q
NVSNovartis AG	2.14%	22,176,613	$2.2B	added0%	+0.06 pp	8 q
LBBath & Body Works, Inc.	1.95%	21,154,760	$2.0B	added+3%	+0.14 pp	8 q
SCHWThe Charles Schwab Corporation	1.81%	60,917,468	$1.9B	trimmed−1%	−0.08 pp	8 q
unresolvedGoogle Inc.	1.46%	2,691,463	$1.5B	added+2%	+0.04 pp	4 q
GOOGAlphabet Inc. Class C	1.44%	2,684,996	$1.5B	added+2%	+0.03 pp	5 q
unresolvedMonsanto Co	1.38%	12,522,382	$1.4B	trimmed−0%	−0.14 pp	8 q
MDTMedtronic plc	1.34%	17,545,221	$1.4B	new	+1.34 pp	new
UALUnited Airlines Holdings, Inc.	1.31%	19,890,871	$1.3B	added+6%	+0.03 pp	8 q
SONYSony Group Corporation	1.20%	45,795,885	$1.2B	added+1%	+0.26 pp	8 q
JNJJohnson & Johnson	1.17%	11,858,877	$1.2B	trimmed−2%	−0.12 pp	8 q
unresolvedEads Industrial - Eur	1.16%	18,371,417	$1.2B	added+13%	+0.33 pp	8 q
unresolvedDirectv	1.16%	13,903,973	$1.2B	trimmed−0%	−0.06 pp	8 q
unresolvedHewlett Packard Co	1.16%	38,106,205	$1.2B	added+3%	−0.35 pp	8 q
MRSHMarsh	1.12%	20,477,064	$1.1B	trimmed−0%	−0.07 pp	8 q
CCLCarnival Corporation Ltd.	1.11%	23,762,110	$1.1B	added+3%	+0.05 pp	8 q
NTAPNetApp, Inc	1.08%	31,129,187	$1.1B	added+97%	+0.41 pp	8 q
QCOMQualcomm Inc	1.05%	15,447,680	$1.1B	added+8%	−0.03 pp	8 q
INTCIntel Corp	0.99%	32,330,768	$1.0B	added0%	−0.20 pp	8 q
BMRNBioMarin Pharmaceuticals Inc	0.98%	8,025,008	$1.0B	added0%	+0.25 pp	8 q
MUMicron Technology, Inc.	0.93%	35,050,735	$951M	added0%	−0.31 pp	8 q
KMXCarMax Inc.	0.91%	13,463,486	$929M	added+2%	+0.02 pp	8 q
INTUIntuit Inc	0.91%	9,616,980	$932M	trimmed−11%	−0.10 pp	8 q
unresolvedE M C Corp Mass	0.90%	36,141,139	$924M	added+1%	−0.18 pp	8 q
TJXTJX Companies, Inc. (The)	0.86%	12,542,979	$879M	added0%	−0.01 pp	8 q
DALDelta Air Lines, Inc.	0.83%	18,876,990	$849M	added+4%	−0.07 pp	8 q
ROSTRoss Stores Inc	0.83%	8,091,740	$853M	added0%	+0.06 pp	8 q
DISThe Walt Disney Company	0.82%	8,002,526	$839M	trimmed−3%	+0.03 pp	8 q
BSXBoston Scientific Corp.	0.81%	46,447,349	$824M	trimmed−1%	+0.18 pp	8 q
ABTAbbott Laboratories	0.80%	17,765,299	$823M	added+1%	0.00 pp	8 q
HONHoneywell International, Inc.	0.75%	7,393,707	$771M	trimmed−3%	−0.02 pp	8 q
AALAmerican Airlines Group Inc.	0.74%	14,396,090	$760M	added+26%	+0.12 pp	6 q
VVISA Inc.	0.74%	11,650,208	$762M	trimmed−1%	−0.04 pp	8 q
WFCWells Fargo & Co.	0.74%	13,878,337	$755M	added+2%	−0.01 pp	8 q
ERICEricsson	0.72%	58,688,128	$737M	added+19%	+0.11 pp	8 q
CSCOCisco Systems, Inc. (DE)	0.70%	25,918,864	$713M	added+4%	0.00 pp	8 q
TMOThermo Fisher Scientific, Inc.	0.68%	5,168,990	$694M	added+15%	+0.11 pp	6 q
NVDANvidia Corp	0.67%	32,962,743	$690M	trimmed−1%	−0.01 pp	8 q
FLEXFlex Ltd.	0.65%	52,684,973	$668M	added0%	+0.05 pp	8 q
unresolvedPharmacyclics Inc.	0.57%	2,284,039	$585M	trimmed−1%	+0.28 pp	8 q
unresolvedAltera Corp	0.56%	13,444,028	$577M	added+11%	+0.11 pp	8 q
BBBlackBerry Limited	0.56%	63,971,557	$571M	added+6%	−0.11 pp	8 q
unresolvedQiagen N.V	0.56%	22,731,216	$573M	added+2%	+0.03 pp	8 q
KLACKLA Corporation	0.53%	9,226,161	$538M	added+3%	−0.11 pp	8 q
unresolvedSanDisk Corp	0.52%	8,326,315	$530M	added+1%	−0.30 pp	8 q
ALKAlaska Air Group, Inc.	0.51%	7,855,600	$520M	added+9%	+0.07 pp	8 q
UNPUnion Pacific Corp.	0.49%	4,642,075	$503M	added+3%	−0.05 pp	8 q
SLBSLB Limited	0.47%	5,792,194	$483M	trimmed−0%	−0.03 pp	8 q
CATCaterpillar Inc.	0.46%	5,906,810	$473M	added+1%	−0.08 pp	8 q
CMECME Group Inc.	0.45%	4,890,150	$463M	trimmed−12%	−0.05 pp	8 q
unresolvedChubb	0.44%	4,427,385	$448M	added0%	−0.02 pp	8 q
GLWCorning Incorporated	0.44%	19,827,850	$450M	added0%	−0.02 pp	8 q
ILMNIllumina Inc	0.41%	2,241,987	$416M	added0%	−0.01 pp	8 q
JBLUJetBlue Airways Corp	0.41%	21,859,939	$421M	trimmed−0%	+0.06 pp	8 q
SGENSeagen Inc.	0.41%	11,836,575	$418M	added+6%	+0.05 pp	8 q
ABMDAbiomed Inc	0.40%	5,662,590	$405M	trimmed−0%	+0.18 pp	8 q
ORCLOracle Corp	0.40%	9,549,300	$412M	trimmed−3%	−0.05 pp	8 q
UPSUnited Parcel Service, Inc. Class B	0.39%	4,147,048	$402M	trimmed−0%	−0.08 pp	8 q
RIGTransocean LTD.	0.37%	25,953,386	$381M	trimmed−12%	−0.18 pp	8 q
EBAYeBay Inc	0.36%	6,308,300	$364M	added+20%	+0.06 pp	7 q
unresolvedCree Inc	0.35%	10,136,291	$360M	added+1%	+0.02 pp	8 q
BBYD20230930-DK-BUTTERFLY-1 Inc	0.34%	4,474,556	$344M	trimmed0%	−0.01 pp	8 q
unresolvedPolypore International Inc	0.34%	5,901,058	$348M	trimmed−4%	+0.05 pp	8 q
TRMBTrimble Inc.	0.34%	13,778,024	$347M	added0%	−0.03 pp	8 q
ASMLASML Holding NV	0.34%	3,465,933	$350M	trimmed−0%	−0.04 pp	8 q
CVSCvs Health Corporation	0.33%	3,303,890	$341M	added+4%	+0.02 pp	8 q
JECJacobs Engineering Group	0.32%	7,175,280	$324M	added+3%	0.00 pp	8 q
BABoeing Company	0.31%	2,118,850	$318M	trimmed−10%	0.00 pp	8 q
EOGEOG Resources, Inc.	0.31%	3,442,900	$316M	trimmed−17%	−0.08 pp	8 q
ROKRockwell Automation, Inc.	0.29%	2,536,110	$294M	trimmed−10%	−0.03 pp	8 q
ADIAnalog Devices, Inc.	0.28%	4,560,265	$287M	added+1%	+0.02 pp	8 q
CHRWC.H. Robinson Worldwide, Inc.	0.28%	3,853,618	$282M	trimmed−27%	−0.12 pp	8 q
unresolvedDreamWorks Animation SKG Inc.	0.27%	11,596,200	$281M	trimmed0%	+0.01 pp	8 q
RCLRoyal Caribbean Group	0.27%	3,341,801	$274M	added+21%	+0.04 pp	8 q
POTPotash Corp Of Saskatchewan	0.26%	8,129,264	$262M	trimmed−0%	−0.03 pp	8 q
BABAAlibaba Group Holding Limited	0.25%	3,079,280	$256M	added+16%	−0.03 pp	3 q
PLTPlantronics Inc	0.25%	4,918,650	$260M	added0%	−0.01 pp	8 q
PGRProgressive Corporation	0.25%	9,281,700	$252M	added+24%	+0.04 pp	3 q
SFLYShutterfly, Inc.	0.24%	5,440,955	$246M	added+18%	+0.05 pp	8 q
AIYActivision Blizzard Inc	0.23%	10,556,125	$240M	added+14%	+0.04 pp	8 q
AAgilent Technologies Inc.	0.23%	5,679,310	$236M	added0%	−0.01 pp	8 q
DEDeere & Company	0.23%	2,666,719	$234M	added+21%	+0.03 pp	8 q
TSLATesla, Inc.	0.23%	1,258,270	$238M	trimmed−0%	−0.05 pp	8 q
NUANNuance Communications, Inc.	0.22%	15,896,992	$228M	added+2%	−0.01 pp	8 q
PXGBXPraxair Inc	0.22%	1,891,729	$228M	held	—	8 q
ABBVAbbvie Inc.	0.21%	3,730,836	$218M	trimmed−43%	−0.23 pp	8 q
SCORcomScore, Inc.	0.21%	4,135,532	$212M	trimmed−0%	+0.01 pp	8 q
unresolvedEllie Mae	0.21%	3,927,245	$217M	added+3%	+0.05 pp	8 q
unresolvedGlaxosmithkline PLC	0.21%	4,597,935	$212M	trimmed−6%	0.00 pp	8 q
NKTRNektar Therapeutics	0.21%	19,552,586	$215M	added+7%	−0.08 pp	8 q
KEYSKeysight Technologies, Inc.	0.20%	5,436,875	$202M	added+5%	+0.02 pp	2 q
unresolvedNeustar Inc	0.20%	8,151,446	$201M	added+21%	+0.01 pp	8 q
RBARB Global, Inc.	0.19%	7,887,130	$197M	added+2%	−0.02 pp	8 q
SNYSanofi	0.19%	3,972,907	$196M	trimmed−7%	−0.01 pp	8 q
TRCOTribune Media Company Class A	0.19%	3,254,665	$198M	added0%	−0.01 pp	8 q
WHRWhirlpool Corp.	0.19%	949,400	$192M	trimmed−30%	−0.08 pp	8 q
NCLHNorwegian Cruise Line Holdings Ltd.	0.18%	3,369,700	$182M	added+44%	+0.07 pp	5 q
unresolvedDyax Corp.	0.17%	10,632,860	$178M	trimmed−2%	+0.02 pp	8 q
FFIVF5, Inc.	0.17%	1,541,710	$177M	added+10%	−0.02 pp	8 q
RVTYRevvity, Inc.	0.17%	3,462,295	$177M	added+6%	+0.03 pp	8 q
EAElectronic Arts Inc	0.16%	2,843,750	$167M	trimmed−45%	−0.09 pp	8 q
NBLNoble Energy, Inc.	0.16%	3,307,100	$162M	trimmed−28%	−0.06 pp	8 q
unresolvedBroadcom Corp	0.15%	3,453,700	$150M	added+34%	+0.04 pp	2 q
LABStandard BioTools Inc.	0.15%	3,725,832	$157M	trimmed−0%	+0.02 pp	8 q
JPMJPMorgan Chase & Co.	0.15%	2,503,701	$152M	new	+0.15 pp	new
ACMAecom	0.14%	4,497,509	$139M	added+2%	0.00 pp	8 q
unresolvedAffymetrix Inc.	0.14%	11,037,040	$139M	added+1%	+0.03 pp	8 q
ASNAAscena Retail Group Inc	0.14%	10,168,200	$148M	added+32%	+0.04 pp	8 q
CSXCSX Corporation	0.14%	4,318,025	$143M	added+27%	+0.01 pp	8 q
UTXZRTX Corporation	0.14%	1,211,300	$142M	added0%	0.00 pp	6 q
PNRPentair plc	0.14%	2,199,481	$138M	added+5%	0.00 pp	4 q
unresolvedAbaxis	0.13%	2,021,200	$130M	trimmed−0%	+0.01 pp	6 q
AAPLApple Inc.	0.13%	1,034,000	$129M	trimmed−1%	+0.01 pp	8 q
AMATApplied Materials Inc	0.13%	5,694,455	$128M	added0%	−0.01 pp	8 q
unresolvedCepheid	0.13%	2,323,600	$132M	added+1%	0.00 pp	8 q
CRLCharles River Laboratories International, Inc.	0.13%	1,622,300	$129M	trimmed−4%	+0.02 pp	8 q
CWCurtiss-Wright Corp.	0.13%	1,864,274	$138M	trimmed−0%	0.00 pp	7 q
SYMCGen Digital Inc.	0.12%	5,395,100	$126M	trimmed−7%	−0.03 pp	8 q
URBNUrban Outfitters Inc	0.12%	2,605,806	$119M	trimmed−4%	+0.02 pp	3 q
WATWaters Corp	0.12%	973,611	$121M	trimmed−0%	+0.01 pp	8 q
unresolvedSafran	0.11%	1,583,900	$111M	added+45%	+0.04 pp	8 q
DFSDiscover Financial Services	0.11%	2,072,800	$117M	added+55%	+0.02 pp	5 q
EPZMEpizyme, Inc	0.11%	6,023,605	$113M	added+46%	+0.03 pp	8 q
GILGildan Activewear Inc.	0.11%	3,716,100	$110M	added+5%	+0.01 pp	4 q
IEXIDEX Corporation	0.11%	1,436,700	$109M	added0%	0.00 pp	8 q
IMGNImmunogen Inc	0.11%	12,609,150	$113M	added+4%	+0.04 pp	8 q
VMWVMware, Inc	0.11%	1,361,150	$112M	added+39%	+0.03 pp	8 q
FAROFaro Technologies Inc	0.10%	1,693,600	$105M	trimmed−0%	−0.01 pp	8 q
NSCNorfolk Southern Corp.	0.10%	996,080	$103M	added+14%	0.00 pp	8 q
RMBSRambus Inc	0.10%	8,342,272	$105M	trimmed−0%	+0.01 pp	8 q
TUESTuesday Morning Corp	0.10%	6,566,050	$106M	added0%	−0.04 pp	8 q
USBU.S. Bancorp	0.10%	2,321,450	$101M	added+56%	+0.03 pp	6 q
unresolvedYahoo Inc	0.10%	2,310,000	$103M	added×2.9	+0.06 pp	8 q
AMZNAmazon.Com Inc	0.09%	241,065	$90M	added+9%	+0.02 pp	8 q
unresolvedHertz Global Holdings Inc	0.09%	4,040,400	$88M	added×2.1	+0.04 pp	8 q
PODDInsulet Corporation	0.09%	2,831,635	$94M	added+43%	0.00 pp	8 q
JBLJabil Inc.	0.09%	3,929,025	$92M	added+1%	0.00 pp	8 q
NOVNOV Inc.	0.09%	1,777,750	$89M	trimmed−2%	−0.03 pp	8 q
ARAYAccuray Incorporated	0.08%	8,495,700	$79M	trimmed−2%	+0.01 pp	8 q
CTRACoterra Energy Inc.	0.08%	2,615,200	$77M	held	—	8 q
unresolvedDow Chemical Co	0.08%	1,696,100	$81M	added+4%	0.00 pp	8 q
unresolvedFEI Company	0.08%	1,008,200	$77M	trimmed−4%	−0.02 pp	8 q
MKTXMarketAxess Holdings Inc.	0.08%	1,003,420	$83M	held	—	8 q
MAMastercard Incorporated	0.08%	952,750	$82M	added+18%	+0.01 pp	8 q
MRKMerck & Co., Inc.	0.08%	1,385,000	$80M	added+98%	+0.04 pp	2 q
unresolvedSprint Corporation	0.08%	16,565,000	$79M	added+23%	+0.02 pp	3 q
VFCV.F. Corporation	0.08%	1,035,980	$78M	held	—	8 q
DSGXDescartes Systems Group Inc	0.07%	4,972,190	$75M	trimmed−0%	0.00 pp	8 q
ETRAE*trade Financial Corp	0.07%	2,505,600	$72M	added×8.3	+0.06 pp	2 q
ENTGEntegris Inc	0.07%	5,242,950	$72M	added0%	0.00 pp	8 q
XOMExxon Mobil Corp	0.07%	786,212	$67M	added0%	0.00 pp	8 q
FORMFormFactor Inc.	0.07%	8,209,918	$73M	added0%	0.00 pp	8 q
unresolvedTribune Publishing Co	0.07%	3,810,921	$74M	added+3%	−0.02 pp	3 q
OLEDUniversal Display Corp	0.07%	1,445,771	$68M	added+9%	+0.03 pp	3 q
unresolvedBoulder Brands, Inc.	0.06%	6,048,779	$58M	added+26%	+0.01 pp	8 q
EXPDExpeditors International of Washington, Inc.	0.06%	1,190,900	$57M	trimmed−3%	0.00 pp	8 q
SAVEQSpirit Airlines, Inc.	0.06%	742,824	$57M	held	—	8 q
ZBHZimmer Biomet Holdings, Inc.	0.06%	544,304	$64M	added+22%	+0.01 pp	8 q
CECelanese Corporation	0.05%	1,002,100	$56M	added+42%	+0.01 pp	8 q
CRAYCray, Inc.	0.05%	1,874,575	$53M	added+23%	0.00 pp	3 q
EXKExact Sciences Corp	0.05%	2,526,300	$56M	added0%	−0.02 pp	4 q
KEXKirby Corporation	0.05%	711,074	$53M	trimmed−0%	−0.01 pp	8 q
SW5Southwestern Energy Co	0.05%	2,025,686	$47M	trimmed−16%	−0.02 pp	8 q
unresolvedTime Warner Cable Inc	0.05%	351,004	$53M	added+1%	0.00 pp	8 q
AXPAmerican Express Company	0.04%	576,700	$45M	trimmed−4%	−0.02 pp	8 q
EWEdwards Lifesciences Corp	0.04%	280,000	$40M	held	—	8 q
LVSLas Vegas Sands Corp.	0.04%	750,000	$41M	trimmed−3%	−0.01 pp	8 q
MNTAMomenta Pharmaceuticals, Inc.	0.04%	2,695,100	$41M	added+1%	+0.01 pp	8 q
NUVANuVasive, Inc.	0.04%	901,000	$41M	trimmed−0%	0.00 pp	8 q
PEPPepsiCo, Inc.	0.04%	450,000	$43M	held	—	8 q
XNCRXencor, Inc.	0.04%	2,962,000	$45M	added+87%	+0.01 pp	6 q
CSTMConstellium SE Class A	0.04%	2,032,100	$41M	trimmed−0%	+0.01 pp	2 q
unresolvedAxcelis Technologies Inc	0.03%	12,342,000	$29M	held	—	5 q
unresolvedCameron International Corp	0.03%	630,200	$28M	trimmed−52%	−0.04 pp	8 q
CERSCerus Corp	0.03%	7,300,000	$30M	new	+0.03 pp	new
CHGGChegg, Inc.	0.03%	3,807,790	$30M	added+36%	+0.01 pp	5 q
unresolvedDu Pont E I De Nemours & Co	0.03%	482,400	$34M	trimmed−24%	−0.02 pp	8 q
6SSServicesource International	0.03%	8,634,700	$27M	held	—	5 q
unresolvedSolazyme Inc	0.03%	11,891,709	$34M	trimmed−0%	0.00 pp	8 q
SYKStryker Corporation	0.03%	295,500	$27M	trimmed−3%	0.00 pp	8 q
unresolvedUti Worldwide Inc	0.03%	2,445,000	$30M	added+6%	0.00 pp	4 q
SSYSStratasys Inc (ISRAEL)	0.03%	645,000	$34M	trimmed−1%	−0.02 pp	8 q
unresolvedAudience Inc	0.02%	3,405,574	$15M	held	—	8 q
unresolvedCanadian Pac Ry Ltd	0.02%	123,030	$22M	trimmed−70%	−0.06 pp	8 q
CIRCircor International Inc	0.02%	411,500	$23M	trimmed−47%	−0.03 pp	8 q
DBDDiebold Nixdorf, Incorporated	0.02%	562,000	$20M	added+7%	0.00 pp	8 q
unresolvedEncana Corp	0.02%	1,385,000	$15M	trimmed−36%	−0.01 pp	8 q
unresolvedGuidance Software Inc	0.02%	4,451,707	$24M	added+13%	−0.01 pp	8 q
HANHawaiian Holdings Inc	0.02%	725,000	$16M	added×2.2	+0.01 pp	4 q
MCYMercury General Corp.	0.02%	281,600	$16M	held	—	8 q
NNBRNN Inc	0.02%	717,200	$18M	added+41%	+0.01 pp	5 q
unresolvedNovadaq Technologies Inc	0.02%	1,085,082	$18M	added+43%	+0.01 pp	2 q
unresolvedPall Corp	0.02%	245,000	$25M	held	—	8 q
PEGPublic Service Enterprise Group Incorporated	0.02%	372,379	$16M	held	—	8 q
RRCRange Resources Corp	0.02%	340,650	$18M	added+1%	0.00 pp	8 q
RSGRepublic Services Inc.	0.02%	383,935	$16M	held	—	8 q
CRMSalesforce, Inc.	0.02%	317,460	$21M	added+56%	+0.01 pp	8 q
MATVMativ Holdings, Inc.	0.02%	481,200	$22M	trimmed−4%	0.00 pp	8 q
TSNTyson Foods, Inc.	0.02%	635,000	$24M	added×10.6	+0.02 pp	2 q
unresolvedXoom Corporation	0.02%	1,539,800	$23M	trimmed−5%	−0.01 pp	4 q
unresolvedWillis Group Holdings Public	0.02%	348,200	$17M	trimmed−83%	−0.07 pp	8 q
unresolvedFranks Intl N V	0.02%	1,115,500	$21M	trimmed−0%	0.00 pp	7 q
ALGTAllegiant Travel Company	0.01%	43,100	$8M	held	—	8 q
unresolvedBrocade Communications Sys I	0.01%	900,000	$11M	trimmed−10%	0.00 pp	8 q
CBTCabot Corporation	0.01%	175,000	$8M	trimmed−42%	0.00 pp	8 q
unresolvedChicago Bridge & Iron Co N V	0.01%	120,000	$6M	trimmed−39%	0.00 pp	8 q
CIENCiena Corporation	0.01%	632,469	$12M	trimmed−0%	0.00 pp	8 q
CMAComerica Incorporated	0.01%	334,400	$15M	trimmed−62%	−0.03 pp	8 q
CCKCrown Holdings Inc.	0.01%	104,300	$6M	held	—	8 q
unresolvedEsterline Technologies Corp	0.01%	98,431	$11M	held	—	6 q
EXCExelon Corporation	0.01%	177,300	$6M	held	—	8 q
unresolvedFlex Pharma Inc	0.01%	320,200	$6M	new	+0.01 pp	new
GEFGreif, Inc.	0.01%	195,400	$8M	held	—	8 q
MBIIMarrone Bio Innovations, Inc.	0.01%	3,242,100	$13M	held	—	7 q
MATXMatsons, Inc.	0.01%	277,761	$12M	held	—	3 q
unresolvedNci Building Systems	0.01%	495,000	$9M	added+10%	0.00 pp	6 q
NWLNewell Brands Inc.	0.01%	263,060	$10M	added+61%	0.00 pp	5 q
unresolvedOncomed Pharmaceuticals Inc	0.01%	206,293	$5M	trimmed−6%	+0.01 pp	7 q
OSUROraSure Technologies Inc	0.01%	2,020,900	$13M	trimmed−0%	−0.01 pp	8 q
ZQKQuicksilver,inc.	0.01%	5,899,000	$11M	added+1%	0.00 pp	8 q
unresolvedRex Energy Corporation	0.01%	2,497,000	$9M	added+2%	0.00 pp	8 q
unresolvedSmart Technologies Inc A	0.01%	4,744,346	$6M	held	—	8 q
unresolvedTekmira Pharmaceuticals	0.01%	548,603	$10M	new	+0.01 pp	new
unresolvedThomson Reuters Corp	0.01%	200,000	$8M	held	—	8 q
TDGTransDigm Group Incorporated	0.01%	57,700	$13M	added+28%	0.00 pp	6 q
TREXTrex Company, Inc.	0.01%	183,337	$10M	held	—	3 q
unresolvedMobileye Nv	0.01%	330,650	$14M	held	—	3 q
LYBLyondellBasell Industries N.V. Class A	0.01%	84,300	$7M	trimmed−54%	0.00 pp	6 q
ATENA10 Networks Inc	0.00%	90,000	$390,000	held	—	2 q
ANETArista Networks	0.00%	49,000	$3M	added+17%	0.00 pp	4 q
unresolvedAvalanche Biotechnologies Inc.	0.00%	19,300	$782,000	trimmed−49%	0.00 pp	3 q
BOOTBoot Barn Holdings, Inc.	0.00%	13,500	$323,000	new	0.00 pp	new
unresolvedCardica Inc	0.00%	6,013,500	$4M	held	—	8 q
CRICarter's Inc.	0.00%	25,370	$2M	added+46%	0.00 pp	7 q
CERNCerner Corp	0.00%	20,000	$1M	held	—	8 q
VLRSControladora Vuela Compania De Aviacion, S.a.b. De C.v.	0.00%	157,000	$2M	held	—	6 q
GEF.BGreif, Inc. Class B	0.00%	68,968	$3M	trimmed−7%	0.00 pp	8 q
unresolvedKalobios Pharmaceuticals Inc	0.00%	4,352,300	$2M	trimmed−3%	−0.01 pp	8 q
KELKellanova	0.00%	70,000	$5M	held	—	8 q
MSIMotorola Solutions, Inc. New	0.00%	57,900	$4M	held	—	8 q
unresolvedNimble Storage Inc	0.00%	202,700	$5M	added×6.1	0.00 pp	6 q
PBR.APetroleo Brasileiro S.A.-Petrobras	0.00%	695,000	$4M	held	—	8 q
PBRPetroleo Brasileiro S.a.-petrobras	0.00%	430,000	$3M	held	—	8 q
POSTPost Holdings, Inc.	0.00%	12,000	$562,000	held	—	3 q
SHAKShake Shack Inc.	0.00%	19,700	$986,000	new	0.00 pp	new
TWTRTwitter, Inc.	0.00%	37,880	$2M	added+52%	0.00 pp	6 q
unresolvedVirgin America Inc	0.00%	43,607	$1M	new	0.00 pp	new
WDAYWorkday, Inc. Class A	0.00%	10,000	$844,000	trimmed−0%	0.00 pp	8 q
unresolvedXenoport Inc	0.00%	91,000	$648,000	held	—	8 q
unresolvedEnsco PLC	0.00%	143,340	$3M	held	—	8 q
unresolvedMedtronic Inc	—	−18,578,166	—	exited	−1.36 pp	—
unresolvedLuminex Corp DEL	—	−1,904,718	—	exited	−0.04 pp	—
COSTCostco Wholesale Corp	—	−203,550	—	exited	−0.03 pp	—
XLNXXilinx Inc	—	−796,669	—	exited	−0.03 pp	—
OIIOceaneering International Inc.	—	−100,000	—	exited	−0.01 pp	—
unresolvedColfax Corp	—	−38,000	—	exited	0.00 pp	—
unresolvedFoundation Medicine	—	−10,700	—	exited	0.00 pp	—
VRSNVeriSign Inc	—	−11,900	—	exited	0.00 pp	—
ACNAccenture PLC	—	−10,450	—	exited	0.00 pp	—
NENoble Corporation plc	—	−100,000	—	exited	0.00 pp	—

Source

Form: 13F-HR
Reading: 6 defects · 64 unresolved
Accession: 0001104659-15-038149
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

A row was set aside — invalid CUSIP 004012250
A row was set aside — invalid CUSIP 007110388
A row was set aside — invalid CUSIP 00B058TZ6
A security outside the official 13F list — CUSIP 004012250 not on the Official 13(f) List for 2015-03-31
A security outside the official 13F list — CUSIP 007110388 not on the Official 13(f) List for 2015-03-31
A security outside the official 13F list — CUSIP 00B058TZ6 not on the Official 13(f) List for 2015-03-31

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