PRIMECAP

Q2 2017 13F · by Joel Fried, portfolio manager

As of: Jun 30, 2017
Filed: Aug 11, 2017
US stock: $116.4B · prev $110.2B
Positions: 286 · prev 282
Options notional: $0
Documents: 1· no amendments

Picture96.2% US stock

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

US stock listed on a US exchange 96.2%
Foreign stock not listed in the US 3.8%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves257 since the prior filing

+4.4 pp in · −4.4 pp out

New 12 +1.09 pp
Added 90 +3.35 pp
Trimmed 147 −4.13 pp
Exited 8 −0.30 pp

The book

Diversified · behaves like 63 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 16% a year, about 6.1 years per position

Low
Moderate
High

Top 5 positions18% of US stock

LLY Eli Lilly & Co. trimmed−0.38 pp trimmed−0.384.0%
LUV Southwest Airlines Co. trimmed+0.32 pp trimmed+0.323.8%
BIIB Biogen Inc. trimmed−0.25 pp trimmed−0.253.6%
AMGN Amgen Inc trimmed−0.19 pp trimmed−0.193.4%
ADBE Adobe Inc. trimmed−0.24 pp trimmed−0.243.0%

Positions286 in this filing · 8 exited


LLYEli Lilly & Co.	3.98%	56,362,580	$4.6B	trimmed−1%	−0.38 pp	17 q
LUVSouthwest Airlines Co.	3.83%	71,801,370	$4.5B	trimmed−0%	+0.32 pp	17 q
BIIBBiogen Inc.	3.59%	15,391,401	$4.2B	trimmed−1%	−0.25 pp	17 q
AMGNAmgen Inc	3.40%	22,983,948	$4.0B	trimmed−5%	−0.19 pp	17 q
ADBEAdobe Inc.	3.00%	24,656,655	$3.5B	trimmed−10%	−0.24 pp	17 q
FDXFedEx Corporation	2.94%	15,732,092	$3.4B	added0%	+0.15 pp	17 q
MSFTMicrosoft Corp	2.85%	48,102,115	$3.3B	trimmed−9%	−0.32 pp	17 q
TXNTexas Instruments Incorporated	2.72%	41,170,901	$3.2B	trimmed−9%	−0.60 pp	17 q
AALAmerican Airlines Group Inc.	2.23%	51,529,024	$2.6B	added+10%	+0.44 pp	15 q
NVDANvidia Corp	2.06%	16,577,275	$2.4B	trimmed−25%	−0.12 pp	17 q
unresolvedRoche Holding Ag-chf	2.03%	9,298,942	$2.4B	trimmed−6%	−0.27 pp	17 q
BABAAlibaba Group Holding Limited	1.89%	15,593,875	$2.2B	trimmed−0%	+0.36 pp	12 q
GOOGLAlphabet Inc. Class A	1.89%	2,363,375	$2.2B	trimmed−2%	+0.03 pp	8 q
JPMJPMorgan Chase & Co.	1.86%	23,635,793	$2.2B	added+1%	0.00 pp	10 q
GOOGAlphabet Inc. Class C	1.82%	2,337,540	$2.1B	trimmed−6%	−0.05 pp	14 q
NVSNovartis AG	1.58%	22,094,224	$1.8B	added+2%	+0.12 pp	17 q
MUMicron Technology, Inc.	1.51%	59,000,700	$1.8B	trimmed−5%	−0.12 pp	17 q
SCHWThe Charles Schwab Corporation	1.47%	39,791,709	$1.7B	trimmed−4%	−0.06 pp	17 q
SONYSony Group Corporation	1.47%	44,676,800	$1.7B	trimmed−0%	+0.10 pp	17 q
UALUnited Airlines Holdings, Inc.	1.44%	22,252,803	$1.7B	added+14%	+0.19 pp	17 q
NTAPNetApp, Inc	1.41%	41,039,695	$1.6B	trimmed−0%	−0.16 pp	17 q
unresolvedEads Industrial - Eur	1.32%	18,646,902	$1.5B	trimmed−4%	−0.02 pp	17 q
DALDelta Air Lines, Inc.	1.27%	27,450,194	$1.5B	added+21%	+0.32 pp	17 q
CCLCarnival Corporation Ltd.	1.20%	21,366,509	$1.4B	trimmed−0%	+0.05 pp	17 q
unresolvedMonsanto Co	1.12%	11,047,887	$1.3B	trimmed−0%	−0.02 pp	17 q
AZNNAstrazeneca Plc-spons ADR	1.11%	37,900,350	$1.3B	added+10%	+0.14 pp	8 q
RCLRoyal Caribbean Group	1.05%	11,232,075	$1.2B	added+3%	+0.08 pp	17 q
KLACKLA Corporation	1.02%	12,979,566	$1.2B	trimmed−8%	−0.20 pp	17 q
BSXBoston Scientific Corp.	1.01%	42,369,167	$1.2B	added+1%	+0.07 pp	17 q
HPEHewlett Packard Enterprise Company	1.00%	70,157,170	$1.2B	added+14%	−0.32 pp	7 q
HPQHP Inc.	0.96%	64,130,045	$1.1B	added0%	−0.08 pp	7 q
CATCaterpillar Inc.	0.90%	9,744,183	$1.0B	added+34%	+0.29 pp	17 q
LBBath & Body Works, Inc.	0.90%	19,541,600	$1.1B	added+4%	+0.10 pp	17 q
KMXCarMax Inc.	0.89%	16,425,931	$1.0B	trimmed−1%	0.00 pp	17 q
WFCWells Fargo & Co.	0.88%	18,584,377	$1.0B	added+1%	−0.05 pp	17 q
TMOThermo Fisher Scientific, Inc.	0.79%	5,283,370	$922M	added0%	+0.06 pp	15 q
CSCOCisco Systems, Inc. (DE)	0.75%	28,004,515	$877M	added+4%	−0.07 pp	17 q
TJXTJX Companies, Inc. (The)	0.75%	12,022,496	$868M	trimmed−2%	−0.13 pp	17 q
MDTMedtronic plc	0.75%	9,868,910	$876M	trimmed−11%	−0.06 pp	10 q
QCOMQualcomm Inc	0.74%	15,658,828	$865M	trimmed−3%	−0.10 pp	17 q
BMRNBioMarin Pharmaceuticals Inc	0.73%	9,310,224	$846M	added+7%	+0.04 pp	17 q
FLEXFlex Ltd.	0.73%	52,381,690	$854M	added+1%	−0.06 pp	17 q
ROSTRoss Stores Inc	0.72%	14,586,500	$842M	trimmed−1%	−0.16 pp	17 q
MRSHMarsh	0.69%	10,321,895	$805M	trimmed−2%	−0.02 pp	17 q
INTUIntuit Inc	0.66%	5,784,825	$768M	trimmed−10%	−0.01 pp	17 q
BBBlackBerry Limited	0.65%	75,784,745	$757M	added0%	+0.12 pp	17 q
ABTAbbott Laboratories	0.62%	14,883,403	$723M	added+1%	+0.03 pp	17 q
VVISA Inc.	0.62%	7,634,006	$716M	added+34%	+0.16 pp	17 q
DEDeere & Company	0.59%	5,600,819	$692M	added+1%	+0.04 pp	17 q
INTCIntel Corp	0.58%	20,147,635	$680M	trimmed−17%	−0.22 pp	17 q
SGENSeagen Inc.	0.58%	12,958,975	$670M	trimmed−2%	−0.17 pp	17 q
ABMDAbiomed Inc	0.55%	4,434,088	$635M	trimmed−4%	+0.02 pp	17 q
ERICEricsson	0.53%	85,472,879	$613M	added+4%	+0.04 pp	17 q
unresolvedQiagen N.V	0.52%	18,191,902	$610M	trimmed−0%	+0.04 pp	3 q
ALKSAlkermes Inc. plc	0.49%	9,869,291	$572M	added+26%	+0.07 pp	5 q
DISThe Walt Disney Company	0.48%	5,263,649	$559M	trimmed−6%	−0.09 pp	17 q
DFSDiscover Financial Services	0.48%	9,034,592	$562M	added+35%	+0.07 pp	14 q
HONHoneywell International, Inc.	0.48%	4,216,490	$562M	trimmed−1%	0.00 pp	17 q
ALKAlaska Air Group, Inc.	0.47%	6,039,100	$542M	trimmed−0%	−0.04 pp	17 q
GLWCorning Incorporated	0.47%	18,241,456	$548M	trimmed−2%	+0.01 pp	17 q
AIYActivision Blizzard Inc	0.45%	9,096,075	$524M	trimmed−3%	+0.02 pp	17 q
ETRAE*trade Financial Corp	0.43%	13,187,895	$502M	added+3%	+0.03 pp	11 q
JECJacobs Engineering Group	0.42%	9,015,297	$490M	added+9%	+0.01 pp	17 q
BIVVBioverativ Inc	0.40%	7,699,738	$463M	trimmed−1%	+0.02 pp	2 q
JBLUJetBlue Airways Corp	0.40%	20,445,308	$467M	added+4%	+0.03 pp	17 q
NKTRNektar Therapeutics	0.39%	23,122,286	$452M	added+8%	−0.07 pp	17 q
TSLATesla, Inc.	0.38%	1,212,990	$439M	trimmed−0%	+0.07 pp	17 q
ACMAecom	0.37%	13,354,475	$432M	added+55%	+0.09 pp	17 q
MATMattel, Inc.	0.36%	19,670,380	$424M	new	+0.36 pp	new
TRMBTrimble Inc.	0.36%	11,822,914	$422M	trimmed−1%	+0.01 pp	17 q
UPSUnited Parcel Service, Inc. Class B	0.36%	3,814,960	$422M	trimmed−0%	−0.01 pp	17 q
TAT&T Inc.	0.35%	10,900,631	$411M	trimmed−22%	−0.18 pp	8 q
DXCDXC Technology Company	0.34%	5,217,063	$400M	new	+0.34 pp	new
ADIAnalog Devices, Inc.	0.33%	4,913,160	$382M	added+6%	−0.01 pp	17 q
unresolvedEllie Mae	0.32%	3,360,393	$369M	trimmed−1%	+0.01 pp	17 q
BMYBristol-Myers Squibb Co.	0.30%	6,315,000	$352M	added×3.6	+0.21 pp	2 q
ILMNIllumina Inc	0.30%	2,035,420	$353M	trimmed−2%	−0.02 pp	17 q
ORCLOracle Corp	0.30%	6,914,550	$347M	trimmed−2%	+0.01 pp	17 q
UNPUnion Pacific Corp.	0.30%	3,228,325	$352M	added+6%	+0.01 pp	17 q
AABAAltaba Inc.	0.29%	6,234,530	$340M	new	+0.29 pp	new
MRKMerck & Co., Inc.	0.28%	5,111,500	$328M	added+5%	0.00 pp	11 q
CCitigroup Inc.	0.27%	4,716,763	$315M	added+39%	+0.09 pp	2 q
EBAYeBay Inc	0.27%	9,159,700	$320M	trimmed−4%	−0.02 pp	16 q
AAgilent Technologies Inc.	0.26%	5,057,020	$300M	added+6%	+0.03 pp	17 q
unresolvedSprint Corporation	0.26%	36,819,700	$302M	added0%	−0.03 pp	12 q
AMZNAmazon.Com Inc	0.25%	298,978	$289M	trimmed−6%	−0.01 pp	17 q
PGRProgressive Corporation	0.24%	6,309,527	$278M	trimmed−24%	−0.05 pp	12 q
NCLHNorwegian Cruise Line Holdings Ltd.	0.24%	5,158,700	$280M	added+3%	+0.01 pp	14 q
CVSCvs Health Corporation	0.23%	3,366,250	$271M	trimmed−1%	−0.01 pp	17 q
NTRSNorthern Trust Corp	0.23%	2,743,557	$267M	added+7%	+0.03 pp	6 q
USBU.S. Bancorp	0.23%	5,144,400	$267M	added+2%	−0.01 pp	15 q
CMECME Group Inc.	0.22%	2,024,656	$254M	added+4%	+0.01 pp	17 q
CSXCSX Corporation	0.22%	4,615,900	$252M	added+1%	+0.03 pp	17 q
PODDInsulet Corporation	0.22%	5,068,572	$260M	trimmed−2%	+0.02 pp	17 q
PLTPlantronics Inc	0.22%	4,905,350	$257M	trimmed−0%	−0.02 pp	17 q
SLBSLB Limited	0.22%	3,847,124	$253M	trimmed−1%	−0.06 pp	17 q
unresolvedNeustar Inc	0.21%	7,210,105	$240M	trimmed−1%	−0.01 pp	17 q
PYPLPayPal Holdings, Inc.	0.21%	4,580,600	$246M	trimmed−8%	+0.02 pp	8 q
RVTYRevvity, Inc.	0.21%	3,527,840	$240M	trimmed−0%	+0.02 pp	17 q
SFLYShutterfly, Inc.	0.21%	5,095,482	$242M	trimmed−4%	−0.02 pp	17 q
SPLKSplunk Inc	0.20%	4,077,700	$232M	added×25.5	+0.19 pp	3 q
ASMLASML Holding NV	0.20%	1,801,730	$235M	trimmed−2%	−0.02 pp	17 q
unresolvedCree Inc	0.19%	8,739,389	$215M	trimmed−0%	−0.02 pp	17 q
unresolvedSIEMENS AG-Reg	0.18%	1,488,500	$205M	added×2.4	+0.10 pp	4 q
KEYSKeysight Technologies, Inc.	0.18%	5,491,695	$214M	trimmed−1%	0.00 pp	11 q
TRCOTribune Media Company Class A	0.18%	5,215,261	$213M	trimmed−1%	0.00 pp	17 q
EOGEOG Resources, Inc.	0.17%	2,181,000	$197M	trimmed−1%	−0.02 pp	17 q
MKTXMarketAxess Holdings Inc.	0.17%	959,720	$193M	held	—	17 q
NUANNuance Communications, Inc.	0.17%	11,443,880	$199M	trimmed−4%	−0.02 pp	17 q
PXGBXPraxair Inc	0.17%	1,521,470	$202M	trimmed−1%	+0.01 pp	17 q
AMATApplied Materials Inc	0.16%	4,479,407	$185M	trimmed−27%	−0.06 pp	17 q
unresolvedDell Technologies Inc	0.16%	3,082,145	$188M	trimmed−22%	−0.07 pp	4 q
UTXZRTX Corporation	0.15%	1,398,600	$171M	trimmed−1%	+0.01 pp	15 q
BACBank of America Corporation	0.14%	6,908,806	$168M	added×6.8	+0.12 pp	2 q
SCORcomScore, Inc.	0.14%	6,100,332	$160M	held	—	17 q
EXKExact Sciences Corp	0.14%	4,501,300	$159M	added0%	+0.04 pp	13 q
LVSLas Vegas Sands Corp.	0.14%	2,551,881	$163M	added+2%	+0.01 pp	17 q
RBARB Global, Inc.	0.14%	5,691,206	$164M	trimmed−2%	−0.03 pp	17 q
SSYSStratasys Inc (ISRAEL)	0.14%	6,939,300	$162M	added+10%	+0.02 pp	17 q
BABoeing Company	0.13%	740,200	$146M	trimmed−27%	−0.03 pp	17 q
VMWVMware, Inc	0.13%	1,776,937	$155M	trimmed−2%	−0.02 pp	17 q
WHRWhirlpool Corp.	0.13%	772,028	$148M	added+17%	+0.03 pp	17 q
CHGGChegg, Inc.	0.12%	11,228,528	$138M	trimmed−0%	+0.03 pp	14 q
unresolvedDow Chemical Co	0.12%	2,142,375	$135M	trimmed−1%	0.00 pp	17 q
EAElectronic Arts Inc	0.12%	1,329,600	$141M	trimmed−2%	+0.01 pp	17 q
TXTTextron, Inc.	0.12%	2,917,900	$137M	added+70%	+0.05 pp	5 q
AAPLApple Inc.	0.11%	923,500	$133M	trimmed−10%	−0.02 pp	17 q
IEXIDEX Corporation	0.11%	1,172,450	$132M	trimmed−1%	+0.01 pp	17 q
JNJJohnson & Johnson	0.11%	941,975	$125M	trimmed−1%	0.00 pp	17 q
ROKRockwell Automation, Inc.	0.11%	810,710	$131M	trimmed−13%	−0.02 pp	17 q
XNCRXencor, Inc.	0.11%	6,121,243	$129M	added+6%	−0.02 pp	15 q
unresolvedAbaxis	0.10%	2,280,300	$121M	trimmed−0%	0.00 pp	15 q
CWCurtiss-Wright Corp.	0.10%	1,208,400	$111M	added+15%	+0.01 pp	16 q
DSGXDescartes Systems Group Inc	0.10%	4,873,790	$119M	trimmed−0%	0.00 pp	17 q
ENTGEntegris Inc	0.10%	5,069,781	$111M	trimmed−0%	−0.01 pp	17 q
IMAXImax Corp	0.10%	5,520,300	$121M	added×2.9	+0.04 pp	6 q
JBLJabil Inc.	0.10%	3,907,325	$114M	trimmed−1%	0.00 pp	17 q
RIGTransocean LTD.	0.10%	14,547,057	$120M	trimmed−1%	−0.07 pp	17 q
CMCSAComcast Corp	0.09%	2,602,300	$101M	added+14%	+0.01 pp	8 q
MGMMgm Resorts International	0.09%	3,308,200	$104M	added+37%	+0.03 pp	4 q
OLEDUniversal Display Corp	0.09%	1,003,950	$110M	trimmed−6%	+0.01 pp	12 q
WDCWestern Digital Corp.	0.09%	1,124,096	$100M	trimmed−1%	0.00 pp	5 q
unresolvedCBS Corp	0.08%	1,446,600	$92M	added×2.4	+0.04 pp	3 q
EPZMEpizyme, Inc	0.08%	6,538,127	$99M	trimmed−0%	−0.02 pp	17 q
MAMastercard Incorporated	0.08%	743,800	$90M	added×2.4	+0.05 pp	17 q
NWLNewell Brands Inc.	0.08%	1,634,360	$88M	added+54%	+0.03 pp	14 q
unresolvedRockwell Collins Inc	0.08%	880,200	$92M	added+54%	+0.03 pp	2 q
SNYSanofi	0.08%	1,982,707	$95M	trimmed−2%	0.00 pp	17 q
VFCV.F. Corporation	0.08%	1,552,700	$89M	added0%	0.00 pp	17 q
PNRPentair plc	0.08%	1,472,500	$98M	trimmed−15%	−0.02 pp	13 q
LGF.BLions Gate Entertainment Corp. Class B Non-Voting Shares	0.07%	2,997,500	$79M	added+39%	+0.02 pp	3 q
MARMarriott International Class A	0.07%	765,800	$77M	added+75%	+0.03 pp	8 q
ZBHZimmer Biomet Holdings, Inc.	0.07%	665,600	$85M	added+50%	+0.02 pp	17 q
unresolvedAxovant Sciences Ltd	0.07%	3,337,202	$77M	added+16%	+0.03 pp	9 q
ACLSAxcelis Technologies Inc	0.06%	3,370,550	$71M	trimmed−7%	0.00 pp	4 q
CTRACoterra Energy Inc.	0.06%	2,593,400	$65M	added+7%	+0.01 pp	17 q
EWEdwards Lifesciences Corp	0.06%	560,000	$66M	held	—	17 q
FAROFaro Technologies Inc	0.06%	1,850,000	$70M	trimmed−0%	0.00 pp	17 q
GDGeneral Dynamics Corporation	0.06%	343,000	$68M	added+25%	+0.01 pp	3 q
GILGildan Activewear Inc.	0.06%	2,145,000	$66M	trimmed−11%	0.00 pp	13 q
LOWLowe's Companies Inc.	0.06%	926,700	$72M	trimmed−0%	−0.01 pp	6 q
unresolvedNovadaq Technologies Inc	0.06%	5,728,149	$67M	added+1%	+0.02 pp	11 q
NUVANuVasive, Inc.	0.06%	852,000	$66M	trimmed−0%	0.00 pp	17 q
RMBSRambus Inc	0.06%	6,550,028	$75M	trimmed−32%	−0.05 pp	17 q
WATWaters Corp	0.06%	365,007	$67M	trimmed−16%	0.00 pp	17 q
CHTRCharter Comm Inc Del CL A New	0.05%	160,400	$54M	trimmed−2%	0.00 pp	5 q
FORMFormFactor Inc.	0.05%	4,916,318	$61M	trimmed−29%	−0.02 pp	17 q
HLTHilton Worldwide Holdings Inc.	0.05%	885,164	$55M	added+29%	+0.01 pp	3 q
LGFLions Gate Entertainment-a	0.05%	1,985,000	$56M	added+2%	0.00 pp	3 q
NBLNoble Energy, Inc.	0.05%	2,248,500	$64M	trimmed−1%	−0.02 pp	17 q
CRMSalesforce, Inc.	0.05%	676,360	$59M	trimmed−24%	−0.02 pp	17 q
SW5Southwestern Energy Co	0.05%	10,429,175	$63M	added+7%	−0.02 pp	17 q
ABBVAbbvie Inc.	0.04%	685,745	$50M	trimmed−17%	−0.01 pp	17 q
unresolvedSafran	0.04%	568,900	$52M	trimmed−71%	−0.09 pp	17 q
AXPAmerican Express Company	0.04%	524,700	$44M	trimmed−9%	0.00 pp	17 q
BBYD20230930-DK-BUTTERFLY-1 Inc	0.04%	1,351,612	$41M	trimmed−49%	−0.05 pp	17 q
CRLCharles River Laboratories International, Inc.	0.04%	453,000	$46M	trimmed−48%	−0.03 pp	17 q
unresolvedGlaxosmithkline PLC	0.04%	1,075,535	$46M	trimmed−2%	0.00 pp	17 q
MNTAMomenta Pharmaceuticals, Inc.	0.04%	2,839,900	$48M	added+4%	+0.01 pp	17 q
NNBRNN Inc	0.04%	1,725,000	$47M	added+1%	0.00 pp	14 q
ODFLOld Dominion Freight Line	0.04%	526,000	$50M	new	+0.04 pp	new
6SSServicesource International	0.04%	13,001,136	$50M	trimmed−0%	−0.01 pp	14 q
SAVEQSpirit Airlines, Inc.	0.04%	914,724	$47M	held	—	17 q
TERTeradyne, Inc.	0.04%	1,639,675	$49M	trimmed−38%	−0.03 pp	8 q
TRVThe Travelers Companies, Inc.	0.04%	413,675	$52M	added+19%	0.00 pp	5 q
unresolvedTronc Inc	0.04%	3,535,931	$46M	trimmed−0%	0.00 pp	5 q
unresolvedDhx Media Cl A	0.03%	8,633,500	$38M	added+38%	+0.01 pp	3 q
unresolvedDu Pont E I De Nemours & Co	0.03%	475,700	$38M	held	—	17 q
unresolvedDyax (Non-tradable) Cont Val R	0.03%	10,482,860	$31M	held	—	6 q
unresolvedGuidance Software Inc	0.03%	4,795,515	$32M	added0%	0.00 pp	17 q
HANHawaiian Holdings Inc	0.03%	641,300	$30M	held	—	13 q
HUBSHubspot, Inc.	0.03%	558,850	$37M	trimmed−3%	0.00 pp	6 q
NSCNorfolk Southern Corp.	0.03%	275,000	$33M	held	—	17 q
OSISOSI Systems Inc	0.03%	428,800	$32M	added+6%	0.00 pp	6 q
SYKStryker Corporation	0.03%	227,500	$32M	trimmed−0%	0.00 pp	17 q
TDGTransDigm Group Incorporated	0.03%	134,800	$36M	added+2%	0.00 pp	15 q
TSNTyson Foods, Inc.	0.03%	531,100	$33M	held	—	11 q
ARAYAccuray Incorporated	0.02%	5,339,500	$25M	trimmed−3%	0.00 pp	17 q
ASNAAscena Retail Group Inc	0.02%	9,884,100	$21M	held	—	17 q
unresolvedBarracuda Networks Inc	0.02%	810,000	$19M	trimmed−1%	0.00 pp	8 q
CNACNA Financial Corporation	0.02%	492,800	$24M	trimmed−1%	0.00 pp	4 q
CECelanese Corporation	0.02%	211,900	$20M	held	—	17 q
CERSCerus Corp	0.02%	7,800,000	$20M	held	—	10 q
CIRCircor International Inc	0.02%	362,000	$21M	trimmed−1%	0.00 pp	17 q
DBDDiebold Nixdorf, Incorporated	0.02%	769,000	$22M	trimmed−0%	0.00 pp	17 q
unresolvedEsterline Technologies Corp	0.02%	222,599	$21M	added+96%	+0.01 pp	15 q
IMGNImmunogen Inc	0.02%	3,882,500	$28M	trimmed−2%	+0.01 pp	17 q
NOVNOV Inc.	0.02%	842,845	$28M	trimmed−17%	−0.02 pp	17 q
NTNXNutanix, Inc. Class A	0.02%	987,432	$20M	new	+0.02 pp	new
unresolvedOncomed Pharmaceuticals Inc	0.02%	5,553,600	$18M	added×2.9	0.00 pp	16 q
OSUROraSure Technologies Inc	0.02%	1,260,000	$22M	trimmed−0%	+0.01 pp	17 q
PEPPepsiCo, Inc.	0.02%	200,000	$23M	trimmed−56%	−0.03 pp	17 q
ALGTAllegiant Travel Company	0.01%	43,500	$6M	added+5%	0.00 pp	17 q
MOAltria Group, Inc.	0.01%	171,300	$13M	new	+0.01 pp	new
ABUSArbutus Biopharma Corporation	0.01%	3,950,400	$14M	added0%	0.00 pp	8 q
AZOAutoZone, Inc.	0.01%	23,675	$14M	trimmed−0%	−0.01 pp	6 q
CARAvis Budget Group, Inc.	0.01%	480,000	$13M	trimmed−6%	0.00 pp	9 q
AXONAxon Enterprise, Inc.	0.01%	515,000	$13M	new	+0.01 pp	new
unresolvedBlue Buffalo Pet Prods Inc	0.01%	547,200	$12M	trimmed−0%	0.00 pp	8 q
BOOTBoot Barn Holdings, Inc.	0.01%	875,000	$6M	trimmed−5%	0.00 pp	10 q
CBTCabot Corporation	0.01%	125,000	$7M	held	—	17 q
CIENCiena Corporation	0.01%	508,127	$13M	trimmed−1%	0.00 pp	17 q
STZConstellation Brands, Inc.	0.01%	41,800	$8M	new	+0.01 pp	new
CCKCrown Holdings Inc.	0.01%	102,000	$6M	held	—	17 q
96669EURDmrc LLC	0.01%	411,000	$17M	trimmed−11%	0.00 pp	8 q
XOMExxon Mobil Corp	0.01%	106,200	$9M	held	—	17 q
unresolvedFlex Pharma Inc	0.01%	1,576,100	$6M	added+7%	0.00 pp	10 q
LABStandard BioTools Inc.	0.01%	4,283,843	$17M	trimmed−0%	−0.01 pp	17 q
GEFGreif, Inc.	0.01%	150,000	$8M	trimmed−6%	0.00 pp	17 q
HRIHerc Holdings Inc.	0.01%	418,740	$16M	added+10%	−0.01 pp	4 q
IRBTiRobot Corporation	0.01%	128,000	$11M	held	—	4 q
MATXMatsons, Inc.	0.01%	199,761	$6M	held	—	12 q
MXLMaxLinear, Inc.	0.01%	280,000	$8M	trimmed−35%	0.00 pp	3 q
MCYMercury General Corp.	0.01%	281,600	$15M	held	—	17 q
unresolvedMindbody Cl A	0.01%	603,877	$16M	added+1%	0.00 pp	4 q
unresolvedNci Building Systems	0.01%	685,000	$11M	added+1%	0.00 pp	15 q
PFNXPfenex Inc.	0.01%	2,368,100	$9M	held	—	9 q
PMPhilip Morris International Inc.	0.01%	119,800	$14M	new	+0.01 pp	new
POTPotash Corp Of Saskatchewan	0.01%	636,900	$10M	trimmed−0%	0.00 pp	17 q
PEGPublic Service Enterprise Group Incorporated	0.01%	372,379	$16M	held	—	17 q
RUBIMagnite, Inc.	0.01%	1,967,800	$10M	trimmed−14%	0.00 pp	9 q
TMUST-Mobile US, Inc.	0.01%	267,500	$16M	added×2.0	0.00 pp	2 q
SGISomnigroup International Inc.	0.01%	130,500	$7M	added+23%	+0.01 pp	3 q
ADNTAdient plc	0.01%	113,570	$7M	trimmed−0%	0.00 pp	3 q
JCIJohnson Controls International plc	0.01%	150,000	$7M	trimmed−88%	−0.04 pp	4 q
SIGSignet Jewelers Limited	0.01%	136,700	$9M	held	—	3 q
CBChubb Limited	0.01%	59,388	$9M	trimmed−0%	0.00 pp	6 q
CSTMConstellium SE Class A	0.01%	1,410,400	$10M	trimmed−2%	0.00 pp	11 q
unresolvedMobileye Nv	0.01%	117,431	$7M	held	—	12 q
AANAaron's Inc	0.00%	73,000	$3M	held	—	8 q
ASIXAdvanSix Inc.	0.00%	17,320	$541,000	trimmed−0%	0.00 pp	3 q
ADVMAdverum Biotechnologies, Inc.	0.00%	490,700	$1M	added+11%	0.00 pp	5 q
ACDVFAir Canada Inc Vtg & Var	0.00%	150,100	$2M	held	—	4 q
unresolvedDhx Media Cl B	0.00%	456,900	$2M	trimmed−24%	0.00 pp	4 q
ANETArista Networks	0.00%	3,000	$449,000	trimmed−6%	0.00 pp	13 q
AWIArmstrong World Industries, Inc.	0.00%	47,000	$2M	trimmed−18%	0.00 pp	3 q
ONCBeOne Medicines Ltd.	0.00%	125,338	$6M	new	0.00 pp	new
unresolvedBrocade Communications Sys I	0.00%	300,000	$4M	held	—	17 q
CRICarter's Inc.	0.00%	48,270	$4M	held	—	16 q
CERNCerner Corp	0.00%	20,000	$1M	held	—	17 q
CMAComerica Incorporated	0.00%	53,500	$4M	held	—	17 q
VLRSControladora Vuela Compania De Aviacion, S.a.b. De C.v.	0.00%	142,000	$2M	added+16%	0.00 pp	15 q
CVACovanta Holding Corporation	0.00%	170,000	$2M	held	—	7 q
CRAYCray, Inc.	0.00%	204,000	$4M	trimmed−1%	0.00 pp	12 q
DXTRDextera Surgical Inc.	0.00%	600,450	$180,000	held	—	5 q
EXPDExpeditors International of Washington, Inc.	0.00%	5,300	$299,000	trimmed−97%	−0.01 pp	17 q
FRANFrancesca's Holdings Corporation	0.00%	125,300	$1M	held	—	9 q
GEF.BGreif, Inc. Class B	0.00%	35,000	$2M	trimmed−3%	0.00 pp	17 q
HABTThe Habit Restaurants, Inc. - Class A	0.00%	130,000	$2M	added×3.3	0.00 pp	2 q
HGVHilton Grand Vacations Inc.	0.00%	36,560	$1M	trimmed−6%	0.00 pp	2 q
KEXKirby Corporation	0.00%	3,600	$241,000	held	—	17 q
MBIIMarrone Bio Innovations, Inc.	0.00%	2,702,870	$3M	trimmed−1%	0.00 pp	16 q
MCDMcDonald's Corporation	0.00%	10,000	$2M	held	—	6 q
OLLIOllie's Bargain Outlet Holdings, Inc.	0.00%	13,100	$558,000	held	—	8 q
PKPark Hotels & Resorts Inc.	0.00%	79,500	$2M	trimmed−73%	−0.01 pp	2 q
PENPenumbra, Inc.	0.00%	62,100	$5M	trimmed−4%	0.00 pp	8 q
PFGCPerformance Food Group Company	0.00%	11,000	$301,000	new	0.00 pp	new
POSTPost Holdings, Inc.	0.00%	11,000	$854,000	held	—	12 q
RRCRange Resources Corp	0.00%	70,000	$2M	trimmed−50%	0.00 pp	17 q
REXXRex Energy Corporation	0.00%	327,500	$946,000	new	0.00 pp	new
MATVMativ Holdings, Inc.	0.00%	100,000	$4M	trimmed−33%	−0.01 pp	17 q
SKAASkechers USA Inc-cl A	0.00%	73,000	$2M	held	—	3 q
SZYMTerravia Holdings Inc	0.00%	11,316,630	$3M	trimmed−11%	−0.01 pp	5 q
TUESTuesday Morning Corp	0.00%	2,221,000	$4M	trimmed−19%	−0.01 pp	17 q
GRMNGarmin Ltd	0.00%	68,000	$3M	trimmed−9%	0.00 pp	8 q
LYBLyondellBasell Industries N.V. Class A	0.00%	65,000	$5M	held	—	15 q
unresolvedYahoo Inc	—	−6,249,330	—	exited	−0.26 pp	—
HTZGQHertz Global Holdings Inc	—	−451,800	—	exited	−0.01 pp	—
unresolvedNimble Storage Inc	—	−575,400	—	exited	−0.01 pp	—
RSGRepublic Services Inc.	—	−107,000	—	exited	−0.01 pp	—
unresolvedTaser International Inc	—	−447,000	—	exited	−0.01 pp	—
unresolvedRex Energy Corporation	—	−3,425,000	—	exited	0.00 pp	—
WDAYWorkday, Inc. Class A	—	−10,000	—	exited	0.00 pp	—
unresolvedFranks Intl N V	—	−70,800	—	exited	0.00 pp	—