PRIMECAP

Q1 2016 13F · by Joel Fried, portfolio manager

As of: Mar 31, 2016
Filed: May 11, 2016
US stock: $96.4B · prev $97.8B
Positions: 270 · prev 271
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%

Moves226 since the prior filing

+2.4 pp in · −2.5 pp out

New 10 +0.23 pp
Added 139 +2.21 pp
Trimmed 66 −1.63 pp
Exited 11 −0.83 pp

The book

Diversified · behaves like 57 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 10% a year, about 10.0 years per position

Low
Moderate
High

Top 5 positions20% of US stock

Positions270 in this filing · 11 exited


AMGNAmgen Inc	4.54%	29,181,826	$4.4B	added0%	−0.30 pp	12 q
BIIBBiogen Inc.	4.39%	16,246,726	$4.2B	added+3%	−0.56 pp	12 q
LLYEli Lilly & Co.	4.31%	57,756,918	$4.2B	added0%	−0.66 pp	12 q
LUVSouthwest Airlines Co.	3.45%	74,206,258	$3.3B	added0%	+0.19 pp	12 q
MSFTMicrosoft Corp	3.41%	59,535,523	$3.3B	added0%	+0.04 pp	12 q
TXNTexas Instruments Incorporated	3.25%	54,529,986	$3.1B	added0%	+0.20 pp	12 q
ADBEAdobe Inc.	3.23%	33,213,085	$3.1B	trimmed−0%	+0.04 pp	12 q
FDXFedEx Corporation	2.72%	16,116,764	$2.6B	added+9%	+0.47 pp	12 q
unresolvedRoche Holding Ag-chf	2.59%	10,138,277	$2.5B	trimmed−0%	−0.27 pp	12 q
GOOGLAlphabet Inc. Class A	2.04%	2,581,266	$2.0B	added0%	−0.01 pp	3 q
GOOGAlphabet Inc. Class C	1.95%	2,518,227	$1.9B	trimmed−0%	0.00 pp	9 q
SCHWThe Charles Schwab Corporation	1.62%	55,743,131	$1.6B	added0%	−0.25 pp	12 q
LBBath & Body Works, Inc.	1.61%	17,726,521	$1.6B	trimmed−8%	−0.27 pp	12 q
NVSNovartis AG	1.57%	20,938,858	$1.5B	added+1%	−0.26 pp	12 q
unresolvedEads Industrial - Eur	1.28%	18,540,948	$1.2B	added+1%	+0.02 pp	12 q
BABAAlibaba Group Holding Limited	1.28%	15,674,905	$1.2B	added+16%	+0.15 pp	7 q
JPMJPMorgan Chase & Co.	1.26%	20,518,581	$1.2B	added+43%	+0.29 pp	5 q
CCLCarnival Corporation Ltd.	1.23%	22,515,830	$1.2B	added0%	−0.02 pp	12 q
NTAPNetApp, Inc	1.23%	43,514,951	$1.2B	added+4%	+0.09 pp	12 q
SONYSony Group Corporation	1.23%	46,230,550	$1.2B	added+3%	+0.10 pp	12 q
UALUnited Airlines Holdings, Inc.	1.21%	19,534,025	$1.2B	added0%	+0.07 pp	12 q
MDTMedtronic plc	1.18%	15,196,981	$1.1B	added0%	−0.01 pp	5 q
AALAmerican Airlines Group Inc.	1.17%	27,548,576	$1.1B	added+39%	+0.31 pp	10 q
NVDANvidia Corp	1.08%	29,210,850	$1.0B	added0%	+0.10 pp	12 q
INTCIntel Corp	1.06%	31,713,985	$1.0B	added+6%	+0.01 pp	12 q
unresolvedMonsanto Co	1.05%	11,498,797	$1.0B	trimmed−1%	−0.12 pp	12 q
MRSHMarsh	1.04%	16,419,476	$998M	trimmed−4%	+0.07 pp	12 q
HPEHewlett Packard Enterprise Company	1.03%	56,167,415	$996M	added+11%	+0.24 pp	2 q
TJXTJX Companies, Inc. (The)	1.02%	12,516,096	$981M	added+2%	+0.13 pp	12 q
KMXCarMax Inc.	1.01%	19,079,632	$975M	added+40%	+0.26 pp	12 q
unresolvedSanDisk Corp	1.01%	12,746,501	$970M	added+1%	+0.03 pp	12 q
DALDelta Air Lines, Inc.	0.97%	19,136,680	$932M	added+3%	+0.01 pp	12 q
KLACKLA Corporation	0.94%	12,449,596	$906M	added+2%	+0.07 pp	12 q
unresolvedE M C Corp Mass	0.93%	33,547,625	$894M	added0%	+0.05 pp	12 q
WFCWells Fargo & Co.	0.93%	18,501,167	$895M	added+21%	+0.08 pp	12 q
ROSTRoss Stores Inc	0.90%	15,036,800	$871M	added0%	+0.07 pp	12 q
QCOMQualcomm Inc	0.87%	16,330,925	$835M	added+1%	+0.04 pp	12 q
CSCOCisco Systems, Inc. (DE)	0.86%	29,127,015	$829M	added+16%	+0.16 pp	12 q
BSXBoston Scientific Corp.	0.85%	43,354,400	$815M	added0%	+0.03 pp	12 q
ERICEricsson	0.81%	78,258,204	$785M	added+5%	+0.08 pp	12 q
HPQHP Inc.	0.81%	63,221,365	$779M	added+11%	+0.12 pp	2 q
TMOThermo Fisher Scientific, Inc.	0.80%	5,439,360	$770M	added+1%	+0.02 pp	10 q
INTUIntuit Inc	0.77%	7,119,925	$741M	trimmed−2%	+0.05 pp	12 q
TAT&T Inc.	0.76%	18,827,232	$737M	added+1%	+0.10 pp	3 q
ABTAbbott Laboratories	0.73%	16,812,839	$703M	added+1%	−0.03 pp	12 q
DISThe Walt Disney Company	0.69%	6,708,799	$666M	trimmed−0%	−0.03 pp	12 q
ALKAlaska Air Group, Inc.	0.64%	7,538,700	$618M	held	—	12 q
BBBlackBerry Limited	0.64%	76,097,907	$616M	added+2%	−0.07 pp	12 q
FLEXFlex Ltd.	0.64%	51,084,332	$616M	added+5%	+0.08 pp	12 q
BMRNBioMarin Pharmaceuticals Inc	0.63%	7,350,369	$606M	added0%	−0.16 pp	12 q
MUMicron Technology, Inc.	0.62%	57,143,016	$598M	added+12%	−0.12 pp	12 q
VVISA Inc.	0.57%	7,158,400	$547M	trimmed−15%	−0.10 pp	12 q
HONHoneywell International, Inc.	0.56%	4,856,245	$544M	trimmed−0%	+0.04 pp	12 q
ABMDAbiomed Inc	0.54%	5,535,290	$525M	trimmed−2%	+0.02 pp	12 q
RCLRoyal Caribbean Group	0.50%	5,869,872	$482M	added+16%	−0.03 pp	12 q
CATCaterpillar Inc.	0.49%	6,219,249	$476M	added+2%	+0.07 pp	12 q
SGENSeagen Inc.	0.49%	13,589,187	$477M	added+5%	−0.10 pp	12 q
unresolvedQiagen N.V	0.47%	20,493,375	$458M	trimmed−0%	−0.11 pp	12 q
JBLUJetBlue Airways Corp	0.44%	20,142,714	$425M	added0%	−0.03 pp	12 q
PGRProgressive Corporation	0.43%	11,766,525	$413M	added+1%	+0.05 pp	7 q
GLWCorning Incorporated	0.42%	19,378,500	$405M	added0%	+0.06 pp	12 q
DEDeere & Company	0.42%	5,286,519	$407M	added+19%	+0.07 pp	12 q
UPSUnited Parcel Service, Inc. Class B	0.42%	3,880,998	$409M	added0%	+0.04 pp	12 q
UNPUnion Pacific Corp.	0.39%	4,693,100	$373M	trimmed−0%	+0.01 pp	12 q
AZNNAstrazeneca Plc-spons ADR	0.38%	13,084,275	$368M	added×13.2	+0.35 pp	3 q
CVSCvs Health Corporation	0.38%	3,548,780	$368M	added0%	+0.03 pp	12 q
ILMNIllumina Inc	0.37%	2,174,770	$353M	added0%	−0.06 pp	12 q
JECJacobs Engineering Group	0.37%	8,168,805	$356M	added+4%	+0.03 pp	12 q
AIYActivision Blizzard Inc	0.36%	10,334,800	$350M	added0%	−0.05 pp	12 q
unresolvedEllie Mae	0.36%	3,861,950	$350M	trimmed−1%	+0.12 pp	12 q
JNJJohnson & Johnson	0.34%	3,023,678	$327M	trimmed−71%	−0.77 pp	12 q
SLBSLB Limited	0.34%	4,443,971	$328M	trimmed−0%	+0.02 pp	12 q
TRMBTrimble Inc.	0.34%	13,319,816	$330M	added+2%	+0.05 pp	12 q
ORCLOracle Corp	0.33%	7,751,850	$317M	trimmed−11%	+0.01 pp	12 q
unresolvedDreamWorks Animation SKG Inc.	0.30%	11,696,200	$292M	held	—	12 q
ETRAE*trade Financial Corp	0.29%	11,343,300	$278M	added+81%	+0.10 pp	6 q
NKTRNektar Therapeutics	0.29%	20,010,086	$275M	added+1%	−0.05 pp	12 q
unresolvedCree Inc	0.28%	9,357,041	$272M	added0%	+0.03 pp	12 q
TRCOTribune Media Company Class A	0.28%	7,114,520	$273M	added0%	+0.03 pp	12 q
ADIAnalog Devices, Inc.	0.27%	4,403,345	$261M	added+1%	+0.02 pp	12 q
NUANNuance Communications, Inc.	0.27%	13,964,656	$261M	added0%	−0.01 pp	12 q
PYPLPayPal Holdings, Inc.	0.27%	6,730,700	$260M	added+1%	+0.02 pp	3 q
SFLYShutterfly, Inc.	0.27%	5,513,632	$256M	held	—	12 q
TSLATesla, Inc.	0.27%	1,123,615	$258M	trimmed−1%	−0.01 pp	12 q
ASMLASML Holding NV	0.27%	2,624,844	$264M	trimmed−0%	+0.03 pp	12 q
ACMAecom	0.24%	7,470,676	$230M	added+17%	+0.04 pp	12 q
BABoeing Company	0.24%	1,843,600	$234M	trimmed−9%	−0.06 pp	12 q
unresolvedYahoo Inc	0.23%	5,938,080	$219M	added+2%	+0.03 pp	12 q
BBYD20230930-DK-BUTTERFLY-1 Inc	0.22%	4,228,356	$210M	added0%	+0.01 pp	12 q
AAgilent Technologies Inc.	0.21%	5,172,590	$206M	added+1%	−0.01 pp	12 q
EBAYeBay Inc	0.21%	8,303,100	$198M	added+6%	−0.01 pp	11 q
PXGBXPraxair Inc	0.21%	1,741,270	$199M	trimmed−0%	+0.03 pp	12 q
RBARB Global, Inc.	0.21%	7,331,480	$199M	added+3%	+0.03 pp	12 q
KEYSKeysight Technologies, Inc.	0.20%	6,841,577	$190M	added+13%	+0.03 pp	6 q
PLTPlantronics Inc	0.20%	4,923,150	$193M	held	—	12 q
USBU.S. Bancorp	0.20%	4,819,325	$196M	added+24%	+0.03 pp	10 q
NCLHNorwegian Cruise Line Holdings Ltd.	0.20%	3,486,407	$193M	added+3%	0.00 pp	9 q
CMECME Group Inc.	0.19%	1,946,113	$187M	added+6%	+0.02 pp	12 q
EOGEOG Resources, Inc.	0.19%	2,476,875	$180M	trimmed−3%	0.00 pp	12 q
unresolvedNeustar Inc	0.19%	7,599,657	$187M	added0%	0.00 pp	12 q
AMZNAmazon.Com Inc	0.18%	291,238	$173M	added+4%	−0.01 pp	12 q
PODDInsulet Corporation	0.18%	5,194,369	$172M	trimmed−0%	−0.02 pp	12 q
RVTYRevvity, Inc.	0.18%	3,497,630	$173M	added+6%	0.00 pp	12 q
RIGTransocean LTD.	0.17%	17,491,136	$160M	trimmed−2%	−0.06 pp	12 q
MRKMerck & Co., Inc.	0.16%	2,992,800	$158M	added+7%	+0.01 pp	6 q
unresolvedAffymetrix Inc.	0.15%	10,544,194	$148M	trimmed−3%	+0.04 pp	12 q
DFSDiscover Financial Services	0.15%	2,856,600	$145M	added+15%	+0.01 pp	9 q
CHRWC.H. Robinson Worldwide, Inc.	0.14%	1,832,654	$136M	trimmed−15%	0.00 pp	12 q
UTXZRTX Corporation	0.14%	1,305,900	$131M	added0%	+0.01 pp	10 q
AMATApplied Materials Inc	0.13%	6,128,155	$130M	added+1%	+0.01 pp	12 q
CSXCSX Corporation	0.13%	4,793,950	$123M	added+5%	+0.01 pp	12 q
SCORcomScore, Inc.	0.13%	4,192,532	$126M	added+8%	−0.03 pp	12 q
LVSLas Vegas Sands Corp.	0.13%	2,502,481	$129M	added+15%	+0.03 pp	12 q
MKTXMarketAxess Holdings Inc.	0.13%	1,003,420	$125M	held	—	12 q
RMBSRambus Inc	0.13%	9,333,022	$128M	added0%	+0.02 pp	12 q
ROKRockwell Automation, Inc.	0.13%	1,110,700	$126M	trimmed−29%	−0.03 pp	12 q
AAPLApple Inc.	0.12%	1,040,500	$113M	trimmed−0%	+0.01 pp	12 q
ASNAAscena Retail Group Inc	0.12%	10,242,100	$113M	added+1%	+0.02 pp	12 q
NTRSNorthern Trust Corp	0.12%	1,775,400	$116M	new	+0.12 pp	new
unresolvedAbaxis	0.11%	2,347,500	$107M	added0%	−0.02 pp	10 q
unresolvedSafran	0.11%	1,580,900	$111M	held	—	12 q
CWCurtiss-Wright Corp.	0.11%	1,376,900	$104M	added+6%	+0.02 pp	11 q
EAElectronic Arts Inc	0.11%	1,638,825	$108M	trimmed−5%	−0.01 pp	12 q
IEXIDEX Corporation	0.11%	1,319,810	$109M	added0%	+0.01 pp	12 q
IMGNImmunogen Inc	0.11%	12,867,483	$110M	held	—	12 q
POTPotash Corp Of Saskatchewan	0.11%	6,337,259	$108M	trimmed−10%	−0.01 pp	12 q
SNYSanofi	0.11%	2,549,382	$102M	trimmed−8%	−0.01 pp	12 q
TSNTyson Foods, Inc.	0.11%	1,656,100	$110M	added+1%	+0.02 pp	6 q
PNRPentair plc	0.11%	1,976,100	$107M	trimmed−10%	0.00 pp	8 q
SSYSStratasys Inc (ISRAEL)	0.11%	4,006,200	$104M	added+22%	+0.03 pp	12 q
CRLCharles River Laboratories International, Inc.	0.10%	1,213,160	$92M	trimmed−5%	0.00 pp	12 q
DSGXDescartes Systems Group Inc	0.10%	4,971,090	$97M	held	—	12 q
GILGildan Activewear Inc.	0.10%	3,043,300	$93M	trimmed−15%	0.00 pp	8 q
unresolvedSprint Corporation	0.10%	28,890,500	$101M	added+4%	0.00 pp	7 q
VMWVMware, Inc	0.10%	1,780,187	$93M	added+19%	+0.01 pp	12 q
VFCV.F. Corporation	0.09%	1,272,600	$82M	added+3%	+0.01 pp	12 q
WATWaters Corp	0.09%	650,867	$86M	trimmed−0%	0.00 pp	12 q
CECelanese Corporation	0.08%	1,230,800	$81M	held	—	12 q
unresolvedCepheid	0.08%	2,407,500	$80M	added0%	−0.01 pp	12 q
unresolvedDow Chemical Co	0.08%	1,554,925	$79M	added+2%	0.00 pp	12 q
EPZMEpizyme, Inc	0.08%	6,518,627	$79M	added+24%	−0.01 pp	12 q
FFIVF5, Inc.	0.08%	718,550	$76M	trimmed−5%	0.00 pp	12 q
JBLJabil Inc.	0.08%	4,125,875	$80M	added+1%	−0.02 pp	12 q
NBLNoble Energy, Inc.	0.08%	2,523,800	$79M	trimmed−5%	−0.01 pp	12 q
RUBIMagnite, Inc.	0.08%	4,321,300	$79M	added+80%	+0.04 pp	4 q
CRAYCray, Inc.	0.07%	1,534,750	$64M	trimmed−27%	0.00 pp	7 q
ENTGEntegris Inc	0.07%	5,240,850	$71M	added0%	0.00 pp	12 q
XOMExxon Mobil Corp	0.07%	789,212	$66M	held	—	12 q
unresolvedTime Warner Cable Inc	0.07%	348,004	$71M	held	—	12 q
OLEDUniversal Display Corp	0.07%	1,207,875	$65M	added+1%	0.00 pp	7 q
XNCRXencor, Inc.	0.07%	4,731,995	$64M	added+31%	+0.02 pp	10 q
ABBVAbbvie Inc.	0.06%	1,022,845	$58M	trimmed−12%	−0.01 pp	12 q
CTRACoterra Energy Inc.	0.06%	2,723,400	$62M	trimmed−0%	+0.01 pp	12 q
unresolvedFEI Company	0.06%	657,800	$59M	trimmed−16%	0.00 pp	12 q
FAROFaro Technologies Inc	0.06%	1,821,742	$59M	added+1%	+0.01 pp	12 q
FORMFormFactor Inc.	0.06%	8,336,959	$61M	added+1%	−0.02 pp	12 q
MAMastercard Incorporated	0.06%	606,300	$57M	held	—	12 q
unresolvedNovadaq Technologies Inc	0.06%	5,260,582	$58M	added+6%	0.00 pp	6 q
6SSServicesource International	0.06%	12,940,050	$55M	added0%	0.00 pp	9 q
ZBHZimmer Biomet Holdings, Inc.	0.06%	528,300	$56M	added0%	0.00 pp	12 q
ARAYAccuray Incorporated	0.05%	8,544,500	$49M	trimmed−1%	−0.01 pp	12 q
CERSCerus Corp	0.05%	7,800,000	$46M	added+4%	0.00 pp	5 q
CHGGChegg, Inc.	0.05%	11,581,990	$52M	added+1%	−0.03 pp	9 q
EWEdwards Lifesciences Corp	0.05%	560,000	$49M	held	—	12 q
EXPDExpeditors International of Washington, Inc.	0.05%	939,400	$46M	trimmed−21%	0.00 pp	12 q
unresolvedGlaxosmithkline PLC	0.05%	1,116,885	$45M	trimmed−74%	−0.13 pp	12 q
unresolvedHertz Global Holdings Inc	0.05%	4,654,300	$49M	added+1%	−0.02 pp	12 q
KEXKirby Corporation	0.05%	792,395	$48M	added+33%	+0.02 pp	12 q
NOVNOV Inc.	0.05%	1,515,395	$47M	trimmed−0%	0.00 pp	12 q
NUVANuVasive, Inc.	0.05%	901,000	$44M	held	—	12 q
PEPPepsiCo, Inc.	0.05%	450,000	$46M	held	—	12 q
SW5Southwestern Energy Co	0.05%	5,725,525	$46M	added+2%	+0.01 pp	12 q
SAVEQSpirit Airlines, Inc.	0.05%	924,324	$44M	trimmed−0%	+0.01 pp	12 q
unresolvedVirgin America Inc	0.05%	1,184,900	$46M	held	—	5 q
AXPAmerican Express Company	0.04%	574,700	$35M	held	—	12 q
unresolvedAxcelis Technologies Inc	0.04%	13,809,200	$39M	added+1%	0.00 pp	9 q
LABStandard BioTools Inc.	0.04%	4,266,432	$34M	held	—	12 q
NWLNewell Brands Inc.	0.04%	778,060	$34M	added+13%	+0.01 pp	9 q
NSCNorfolk Southern Corp.	0.04%	417,662	$35M	trimmed−36%	−0.02 pp	12 q
TUESTuesday Morning Corp	0.04%	4,673,700	$38M	trimmed−12%	0.00 pp	12 q
unresolvedBlue Buffalo Pet Prods Inc	0.03%	982,400	$25M	added+4%	+0.01 pp	3 q
unresolvedCameron International Corp	0.03%	480,200	$32M	held	—	12 q
unresolvedDu Pont E I De Nemours & Co	0.03%	482,200	$31M	trimmed−0%	0.00 pp	12 q
EXKExact Sciences Corp	0.03%	4,516,300	$30M	added+46%	0.00 pp	8 q
HANHawaiian Holdings Inc	0.03%	634,500	$30M	held	—	8 q
unresolvedHilton Worldwide Hldgs Inc	0.03%	1,082,800	$24M	added×2.3	+0.02 pp	4 q
MCDMcDonald's Corporation	0.03%	212,700	$27M	new	+0.03 pp	new
MNTAMomenta Pharmaceuticals, Inc.	0.03%	2,738,900	$25M	held	—	12 q
unresolvedRuckus Wireless Inc	0.03%	2,989,732	$29M	added+94%	+0.01 pp	2 q
CRMSalesforce, Inc.	0.03%	332,860	$25M	added+5%	0.00 pp	12 q
unresolvedSolazyme Inc	0.03%	12,057,284	$24M	trimmed−0%	0.00 pp	12 q
SYKStryker Corporation	0.03%	295,500	$32M	held	—	12 q
TERTeradyne, Inc.	0.03%	1,209,000	$26M	added+14%	+0.01 pp	3 q
unresolvedTribune Publishing Co	0.03%	3,570,968	$28M	trimmed−5%	−0.01 pp	7 q
WHRWhirlpool Corp.	0.03%	141,600	$26M	trimmed−57%	−0.02 pp	12 q
GRMNGarmin Ltd	0.03%	841,500	$34M	added+12%	0.00 pp	3 q
ABUSArbutus Biopharma Corporation	0.02%	3,850,000	$16M	added+31%	+0.01 pp	3 q
BOOTBoot Barn Holdings, Inc.	0.02%	1,771,489	$17M	trimmed−2%	0.00 pp	5 q
CIRCircor International Inc	0.02%	392,000	$18M	trimmed−1%	0.00 pp	12 q
CMCSAComcast Corp	0.02%	343,967	$21M	added+78%	+0.01 pp	3 q
DBDDiebold Nixdorf, Incorporated	0.02%	766,000	$22M	added+18%	0.00 pp	12 q
unresolvedGuidance Software Inc	0.02%	4,585,315	$20M	held	—	12 q
HUBSHubspot, Inc.	0.02%	515,000	$22M	new	+0.02 pp	new
MARMarriott International Class A	0.02%	300,000	$21M	added×2.5	+0.01 pp	3 q
MCYMercury General Corp.	0.02%	281,600	$16M	held	—	12 q
PFNXPfenex Inc.	0.02%	2,431,388	$24M	held	—	4 q
PEGPublic Service Enterprise Group Incorporated	0.02%	372,379	$18M	held	—	12 q
RSGRepublic Services Inc.	0.02%	392,935	$19M	added+2%	0.00 pp	12 q
TDGTransDigm Group Incorporated	0.02%	75,700	$17M	added+31%	+0.01 pp	10 q
unresolvedTyco Intl PLC	0.02%	400,000	$15M	held	—	3 q
CBChubb Limited	0.02%	131,853	$16M	new	+0.02 pp	new
ALGTAllegiant Travel Company	0.01%	43,100	$8M	held	—	12 q
AZOAutoZone, Inc.	0.01%	13,800	$11M	new	+0.01 pp	new
CARAvis Budget Group, Inc.	0.01%	445,000	$12M	added+35%	0.00 pp	4 q
unresolvedBarracuda Networks Inc	0.01%	915,000	$14M	added+38%	0.00 pp	3 q
CBTCabot Corporation	0.01%	150,000	$7M	added+50%	+0.01 pp	12 q
CRICarter's Inc.	0.01%	104,870	$11M	held	—	11 q
CIENCiena Corporation	0.01%	520,627	$10M	held	—	12 q
CCKCrown Holdings Inc.	0.01%	103,600	$5M	trimmed−1%	0.00 pp	12 q
96669EURDmrc LLC	0.01%	293,400	$9M	added+7%	0.00 pp	3 q
unresolvedDyax (Non-tradable) Cont Val R	0.01%	10,482,860	$12M	new	+0.01 pp	new
unresolvedEsterline Technologies Corp	0.01%	113,331	$7M	held	—	10 q
unresolvedFlex Pharma Inc	0.01%	634,721	$7M	added+44%	0.00 pp	5 q
GEFGreif, Inc.	0.01%	190,400	$6M	held	—	12 q
IMAXImax Corp	0.01%	332,768	$10M	new	+0.01 pp	new
KELKellanova	0.01%	70,000	$5M	held	—	12 q
LOWLowe's Companies Inc.	0.01%	66,300	$5M	new	+0.01 pp	new
MATXMatsons, Inc.	0.01%	229,761	$9M	held	—	7 q
unresolvedNci Building Systems	0.01%	605,000	$9M	added+2%	0.00 pp	10 q
NNBRNN Inc	0.01%	1,039,742	$14M	added+13%	−0.01 pp	9 q
OLLIOllie's Bargain Outlet Holdings, Inc.	0.01%	354,800	$8M	trimmed−1%	0.00 pp	3 q
OSUROraSure Technologies Inc	0.01%	1,950,900	$14M	held	—	12 q
JCPJ.C. Penney Company, Inc.	0.01%	1,000,000	$11M	added×2.1	+0.01 pp	3 q
MATVMativ Holdings, Inc.	0.01%	274,490	$9M	trimmed−36%	−0.01 pp	12 q
unresolvedAxovant Sciences Ltd	0.01%	761,002	$9M	trimmed−1%	0.00 pp	4 q
CSTMConstellium SE Class A	0.01%	2,122,100	$11M	trimmed−0%	−0.01 pp	6 q
unresolvedFranks Intl N V	0.01%	332,300	$5M	held	—	11 q
unresolvedMobileye Nv	0.01%	177,050	$7M	held	—	7 q
LYBLyondellBasell Industries N.V. Class A	0.01%	84,300	$7M	held	—	10 q
ATENA10 Networks Inc	0.00%	35,000	$207,000	held	—	6 q
AANAaron's Inc	0.00%	37,000	$929,000	held	—	3 q
ANETArista Networks	0.00%	75,500	$5M	added+25%	0.00 pp	8 q
unresolvedAvalanche Biotechnologies Inc.	0.00%	427,000	$2M	added+13%	0.00 pp	7 q
unresolvedBrocade Communications Sys I	0.00%	400,000	$4M	trimmed−56%	−0.01 pp	12 q
unresolvedCabelas Inc. Cl A	0.00%	74,300	$4M	held	—	3 q
unresolvedCardica Inc	0.00%	601,350	$2M	new	0.00 pp	new
CERNCerner Corp	0.00%	20,000	$1M	held	—	12 q
CCThe Chemours Company	0.00%	90,400	$633,000	trimmed−2%	0.00 pp	3 q
unresolvedChicago Bridge & Iron Co N V	0.00%	120,000	$4M	held	—	12 q
CMAComerica Incorporated	0.00%	53,500	$2M	held	—	12 q
VLRSControladora Vuela Compania De Aviacion, S.a.b. De C.v.	0.00%	182,000	$4M	added+16%	0.00 pp	10 q
CVACovanta Holding Corporation	0.00%	171,000	$3M	held	—	2 q
FRANFrancesca's Holdings Corporation	0.00%	152,800	$3M	trimmed−3%	0.00 pp	4 q
GEF.BGreif, Inc. Class B	0.00%	37,000	$2M	held	—	12 q
MBIIMarrone Bio Innovations, Inc.	0.00%	3,216,100	$3M	trimmed−1%	0.00 pp	11 q
unresolvedNimble Storage Inc	0.00%	302,600	$2M	added+36%	0.00 pp	10 q
OSISOSI Systems Inc	0.00%	16,000	$1M	new	0.00 pp	new
unresolvedOncomed Pharmaceuticals Inc	0.00%	215,800	$2M	added+13%	0.00 pp	11 q
PENPenumbra, Inc.	0.00%	86,800	$4M	trimmed−14%	−0.01 pp	3 q
PBR.APetroleo Brasileiro S.A.-Petrobras	0.00%	695,000	$3M	held	—	12 q
PBRPetroleo Brasileiro S.a.-petrobras	0.00%	430,000	$3M	held	—	12 q
POSTPost Holdings, Inc.	0.00%	12,000	$825,000	held	—	7 q
RRCRange Resources Corp	0.00%	141,000	$5M	trimmed−36%	−0.01 pp	12 q
unresolvedRex Energy Corporation	0.00%	3,645,000	$3M	held	—	12 q
SXTSensient Technology Corporation	0.00%	30,000	$2M	held	—	3 q
unresolvedSmart Technologies Inc A	0.00%	4,058,085	$1M	trimmed−1%	0.00 pp	12 q
TWTRTwitter, Inc.	0.00%	214,480	$4M	held	—	10 q
WDAYWorkday, Inc. Class A	0.00%	10,000	$768,000	held	—	12 q
unresolvedXenoport Inc	0.00%	91,000	$410,000	held	—	12 q
unresolvedEnsco PLC	0.00%	143,340	$1M	held	—	12 q
unresolvedDyax Corp.	—	−10,482,860	—	exited	−0.40 pp	—
unresolvedBroadcom Corp	—	−3,677,400	—	exited	−0.22 pp	—
unresolvedBoulder Brands, Inc.	—	−8,670,939	—	exited	−0.10 pp	—
unresolvedChubb	—	−415,500	—	exited	−0.06 pp	—
unresolvedUti Worldwide Inc	—	−3,538,000	—	exited	−0.03 pp	—
unresolvedThomson Reuters Corp	—	−200,000	—	exited	−0.01 pp	—
TREXTrex Company, Inc.	—	−188,100	—	exited	−0.01 pp	—
unresolvedCardica Inc	—	−6,013,500	—	exited	0.00 pp	—
unresolvedEncana Corp	—	−560,000	—	exited	0.00 pp	—
KNKnowles Corporation	—	−31,235	—	exited	0.00 pp	—
SYMCGen Digital Inc.	—	−180,000	—	exited	0.00 pp	—

Source

Form: 13F-HR
Reading: 7 defects · 52 unresolved
Accession: 0001104659-16-120541
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 2016-03-31
A security outside the official 13F list — CUSIP 007110388 not on the Official 13(f) List for 2016-03-31
A security outside the official 13F list — CUSIP 00B058TZ6 not on the Official 13(f) List for 2016-03-31
A security outside the official 13F list — CUSIP 267CVR991 not on the Official 13(f) List for 2016-03-31

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