General Counsel & Chief Compliance Officer

0001580642-19-000376.txt : 20190128 0001580642-19-000376.hdr.sgml : 20190128 20190128170033 ACCESSION NUMBER: 0001580642-19-000376 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20181231 FILED AS OF DATE: 20190128 DATE AS OF CHANGE: 20190128 EFFECTIVENESS DATE: 20190128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Copeland Capital Management, LLC CENTRAL INDEX KEY: 0001541743 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14668 FILM NUMBER: 19546172 BUSINESS ADDRESS: STREET 1: 161 WASHINGTON STREET, SUITE 1325 STREET 2: EIGHT TOWER BRIDGE CITY: CONSHOHOCKEN STATE: PA ZIP: 19428 BUSINESS PHONE: 484-530-4300 MAIL ADDRESS: STREET 1: 161 WASHINGTON STREET, SUITE 1325 STREET 2: EIGHT TOWER BRIDGE CITY: CONSHOHOCKEN STATE: PA ZIP: 19428 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001541743 XXXXXXXX 12-31-2018 12-31-2018 false Copeland Capital Management, LLC

161 Washington Street, Suite 1325 Eight Tower Bridge Conshohocken PA 19428

13F HOLDINGS REPORT 028-14668 N Sofia A. Rosala General Counsel & Chief Compliance Officer 484-351-3700 /s/ Sofia A. Rosala Conshohocken PA 01-28-2019 2 273 1290125 03 028-16536 Hillview Capital Advisers 04 028-16454 SEI Investment Management Corp INFORMATION TABLE 2 infotable.xml BCE INC COM 00B188TH2 434 10988 SH SOLE 10988 0 0 FORTIS INC COM 002347200 423 12679 SH SOLE 12679 0 0 NESTLE S.A. COM 007123870 427 5273 SH SOLE 5273 0 0 NOVARTIS AG COM 007103065 430 5043 SH SOLE 5043 0 0 GN STORE NORD A/S COM 004501093 232 6226 SH SOLE 6226 0 0 DANONE SA COM 00B1Y9TB3 445 6327 SH SOLE 6327 0 0 DEUTSCHE TELEKOM INC COM 005842359 252 14885 SH SOLE 14885 0 0 HEINEKEN HOLDING COM 00B0CCH46 427 5063 SH SOLE 5063 0 0 PERNOD RICARD SA COM 004682329 223 1360 SH SOLE 1360 0 0 RED ELECTRICA CORP SA COM 00BD6FXN3 219 9833 SH SOLE 9833 0 0 SANOFI COM 005671735 429 4961 SH SOLE 4961 0 0 SMITH & NEPHEW PLC COM 000922320 463 24842 SH SOLE 24842 0 0 CHINA MOBILE LIMITED COM 006073556 212 22000 SH SOLE 22000 0 0 CK INFRASTRUCTURE HOLDINGS COM 00BYVS6J1 337 44500 SH SOLE 44500 0 0 CLP HOLDINGS LIMITED COM 006097017 458 40500 SH SOLE 40500 0 0 ASTELLAS PHARMA INC COM 006985383 282 22100 SH SOLE 22100 0 0 SHISEIDO COMPANY LIMITED COM 006805265 214 3400 SH SOLE 3400 0 0 TERUMO CORPORATION COM 006885074 340 6000 SH SOLE 6000 0 0 UNICHARM CORPORATION COM 006911485 519 16000 SH SOLE 16000 0 0 3M COMPANY COM 88579Y101 287 1506 SH SOLE 1506 0 0 ABBVIE INC COM 00287Y109 344 3733 SH SOLE 3733 0 0 ADT CORPORATION COM 00090Q103 2005 333610 SH SOLE 333610 0 0 ADT CORPORATION COM 00090Q103 2738 455600 SH DFND 04 0 0 455600 AIR PRODUCTS AND CHEMICALS COM 009158106 1780 11120 SH SOLE 11120 0 0 AIR PRODUCTS AND CHEMICALS COM 009158106 17 105 SH DFND 03 105 0 0 ALEXANDRIA REAL ESTATE EQUITIE COM 015271109 2263 19640 SH SOLE 19640 0 0 ALEXANDRIA REAL ESTATE EQUITIE COM 015271109 3088 26800 SH DFND 04 0 0 26800 ALGONQUIN POWER AND UTILITIES COM 015857105 21451 2134473 SH SOLE 2051849 0 82624 ALGONQUIN POWER AND UTILITIES COM 015857105 3206 319000 SH DFND 04 0 0 319000 ALGONQUIN POWER AND UTILITIES COM 015857105 14 1401 SH DFND 03 1401 0 0 ALLSTATE CORP COM 020002101 3276 39650 SH SOLE 39650 0 0 ALLSTATE CORP COM 020002101 14 173 SH DFND 03 173 0 0 AMERICAN STATES WATER COMPANY COM 029899101 18725 279305 SH SOLE 267326 0 11979 AMERICAN STATES WATER COMPANY COM 029899101 4304 64200 SH DFND 04 0 0 64200 AMERICAN TOWER CORPORATION COM 03027X100 7240 45766 SH SOLE 45553 0 213 AMERICAN TOWER CORPORATION COM 03027X100 20 127 SH DFND 03 127 0 0 AMERICAN WATER WORKS COMPANY COM 030420103 7431 81871 SH SOLE 81871 0 0 AMERICAN WATER WORKS COMPANY COM 030420103 3077 33900 SH DFND 04 0 0 33900 AMERICAN WATER WORKS COMPANY COM 030420103 16 176 SH DFND 03 176 0 0 AMERIPRISE FINANCIAL INC COM 03076C106 4882 46778 SH SOLE 46500 0 278 AMERIPRISE FINANCIAL INC COM 03076C106 12 115 SH DFND 03 115 0 0 AMERISAFE INC COM 03071H100 11032 194603 SH SOLE 184200 0 10403 AMGEN COM 031162100 6483 33305 SH SOLE 33088 0 217 AMGEN COM 031162100 19 97 SH DFND 03 97 0 0 ANTERO MIDSTREAM GP LP COM 03675Y103 10722 959076 SH SOLE 915007 0 44069 APPLE INC COM 037833100 6021 38170 SH SOLE 37957 0 213 APPLE INC COM 037833100 17 110 SH DFND 03 110 0 0 AUTOMATIC DATA PROCESSING COM 053015103 1097 8367 SH SOLE 8015 0 352 BADGER METER INC. COM 056525108 17762 360943 SH SOLE 345073 0 15870 BADGER METER INC. COM 056525108 3504 71200 SH DFND 04 0 0 71200 BANK OZK COM 06417N103 9542 417939 SH SOLE 398075 0 19864 BANK OZK COM 06417N103 1639 71800 SH DFND 04 0 0 71800 BLACKROCK INC COM 09247X101 5201 13240 SH SOLE 13141 0 99 BLACKROCK INC COM 09247X101 14 36 SH DFND 03 36 0 0 BOEING CO COM 097023105 6194 19205 SH SOLE 19046 0 159 BOEING CO COM 097023105 16 50 SH DFND 03 50 0 0 BROADCOM INC COM 11135F101 7234 28450 SH SOLE 28332 0 118 BROADCOM INC COM 11135F101 22 88 SH DFND 03 88 0 0 BROADRIDGE FINANCIAL SOLUTIONS COM 11133T103 7692 79918 SH SOLE 79705 0 213 BROADRIDGE FINANCIAL SOLUTIONS COM 11133T103 2493 25900 SH DFND 04 0 0 25900 BROADRIDGE FINANCIAL SOLUTIONS COM 11133T103 12 128 SH DFND 03 128 0 0 BWX TECHNOLOGIES INC COM 05605H100 14875 389080 SH SOLE 370494 0 18586 BWX TECHNOLOGIES INC COM 05605H100 2695 70500 SH DFND 04 0 0 70500 CABLE ONE INC COM 12685J105 20946 25541 SH SOLE 24395 0 1146 CABLE ONE INC COM 12685J105 3854 4700 SH DFND 04 0 0 4700 CABOT MICROELECTRONICS CORPORA COM 12709P103 13765 144363 SH SOLE 137834 0 6529 CABOT MICROELECTRONICS CORPORA COM 12709P103 2818 29550 SH DFND 04 0 0 29550 CABOT OIL AND GAS COM 127097103 4656 208325 SH SOLE 207767 0 558 CABOT OIL AND GAS COM 127097103 2888 129223 SH DFND 04 0 0 129223 CABOT OIL AND GAS COM 127097103 16 717 SH DFND 03 717 0 0 CALAVO GROWERS INC COM 128246105 16926 231985 SH SOLE 221749 0 10236 CALAVO GROWERS INC COM 128246105 3429 47000 SH DFND 04 0 0 47000 CANTEL MEDICAL CORP COM 138098108 15200 204158 SH SOLE 194024 0 10134 CANTEL MEDICAL CORP COM 138098108 1638 22000 SH DFND 04 0 0 22000 CASEY'S GENERAL STORES COM 147528103 20543 160317 SH SOLE 154205 0 6112 CASEY'S GENERAL STORES COM 147528103 3024 23600 SH DFND 04 0 0 23600 CASEY'S GENERAL STORES COM 147528103 16 128 SH DFND 03 128 0 0 CHEMED CORP COM 16359R103 28496 100594 SH SOLE 96250 0 4344 CHEMED CORP COM 16359R103 3371 11900 SH DFND 04 0 0 11900 CHEMED CORP COM 16359R103 16 56 SH DFND 03 56 0 0 CHURCH AND DWIGHT COM 171340102 11001 167293 SH SOLE 166591 0 702 CHURCH AND DWIGHT COM 171340102 4044 61500 SH DFND 04 0 0 61500 CHURCH AND DWIGHT COM 171340102 19 294 SH DFND 03 294 0 0 CLEARWAY ENERGY COM 18539C204 4284 248345 SH SOLE 211191 0 37154 CLEARWAY ENERGY COM 18539C204 2600 150700 SH DFND 04 0 0 150700 CLEARWAY ENERGY CL A COM 18539C105 9791 578691 SH SOLE 578578 0 113 COGENT COMMUNICATIONS HOLDINGS COM 19239V302 16939 374679 SH SOLE 357950 0 16729 COGENT COMMUNICATIONS HOLDINGS COM 19239V302 3011 66600 SH DFND 04 0 0 66600 COGNEX CORPORATION COM 192422103 2195 56770 SH SOLE 56770 0 0 COGNEX CORPORATION COM 192422103 2796 72300 SH DFND 04 0 0 72300 COHEN & STEERS INC COM 19247A100 14928 434959 SH SOLE 414545 0 20414 COHEN & STEERS INC COM 19247A100 2498 72800 SH DFND 04 0 0 72800 COMCAST COM 20030N101 6214 182487 SH SOLE 181395 0 1092 COMCAST COM 20030N101 18 542 SH DFND 03 542 0 0 COMFORT SYSTEMS USA INC. COM 199908104 13698 313594 SH SOLE 297122 0 16472 CORE-MARK HOLDING COMPANY COM 218681104 11442 492126 SH SOLE 467092 0 25034 CORE-MARK HOLDING COMPANY COM 218681104 1895 81500 SH DFND 04 0 0 81500 CORESITE REALTY CORPORATION COM 21870Q105 1853 21238 SH SOLE 21238 0 0 CORESITE REALTY CORPORATION COM 21870Q105 2765 31700 SH DFND 04 0 0 31700 COSTCO WHOLESALE COM 22160K105 6527 32039 SH SOLE 31921 0 118 COSTCO WHOLESALE COM 22160K105 15 73 SH DFND 03 73 0 0 DISCOVER FINANCIAL COM 254709108 5892 99906 SH SOLE 99297 0 609 DISCOVER FINANCIAL COM 254709108 13 218 SH DFND 03 218 0 0 DOMINO'S PIZZA INC COM 25754A201 4861 19601 SH SOLE 19601 0 0 DOMINO'S PIZZA INC COM 25754A201 3696 14902 SH DFND 04 0 0 14902 DOMINO'S PIZZA INC COM 25754A201 16 64 SH DFND 03 64 0 0 ECOLAB COM 278865100 3440 23344 SH SOLE 23062 0 282 ECOLAB COM 278865100 15 103 SH DFND 03 103 0 0 ENCOMPASS HEALTH CORPORATION COM 29261A100 22427 363492 SH SOLE 346804 0 16688 ENCOMPASS HEALTH CORPORATION COM 29261A100 3326 53900 SH DFND 04 0 0 53900 EQUINIX INC COM 29444U700 5286 14993 SH SOLE 14930 0 63 EQUINIX INC COM 29444U700 15 43 SH DFND 03 43 0 0 EVERCORE INC COM 29977A105 16251 227099 SH SOLE 216946 0 10153 EVERCORE INC COM 29977A105 2340 32700 SH DFND 04 0 0 32700 EXPEDIA GROUP INC COM 30212P303 5497 48797 SH SOLE 48540 0 257 EXPEDIA GROUP INC COM 30212P303 15 137 SH DFND 03 137 0 0 EXPONENT INC COM 30214U102 20001 394419 SH SOLE 373583 0 20836 EXXON MOBIL CORP COM 30231G102 330 4841 SH SOLE 4841 0 0 FACTSET RESEARCH SYSTEMS INC COM 303075105 7518 37564 SH SOLE 37411 0 153 FACTSET RESEARCH SYSTEMS INC COM 303075105 3082 15400 SH DFND 04 0 0 15400 FACTSET RESEARCH SYSTEMS INC COM 303075105 14 72 SH DFND 03 72 0 0 FEDERAL AGRICULTURAL MORTGAGE COM 313148306 11177 184922 SH SOLE 174609 0 10313 FIRST AMERICAN FINL COM 31847R102 2012 45065 SH SOLE 45065 0 0 FIRST AMERICAN FINL COM 31847R102 2723 61000 SH DFND 04 0 0 61000 FORTUNE BRANDS HOME & SEC INC COM 34964C106 1287 33875 SH SOLE 33875 0 0 FORTUNE BRANDS HOME & SEC INC COM 34964C106 1565 41200 SH DFND 04 0 0 41200 GENERAL ELECTRIC COM 369604103 270 35710 SH SOLE 35710 0 0 HARRIS CORP COM 413875105 5652 41978 SH SOLE 41978 0 0 HARRIS CORP COM 413875105 2962 22000 SH DFND 04 0 0 22000 HARRIS CORP COM 413875105 17 125 SH DFND 03 125 0 0 HEALTHCARE SERVICES GROUP COM 421906108 16528 411357 SH SOLE 392104 0 19253 HEALTHCARE SERVICES GROUP COM 421906108 2338 58200 SH DFND 04 0 0 58200 HEICO CORP COM 422806109 4712 60815 SH SOLE 60815 0 0 HEICO CORP COM 422806109 2952 38100 SH DFND 04 0 0 38100 HEICO CORP COM 422806109 15 192 SH DFND 03 192 0 0 HOME BANCSHARES COM 436893200 13116 802719 SH SOLE 765729 0 36990 HOME BANCSHARES COM 436893200 2212 135400 SH DFND 04 0 0 135400 HOME DEPOT COM 437076102 6193 36046 SH SOLE 35783 0 263 HOME DEPOT COM 437076102 16 95 SH DFND 03 95 0 0 HORMEL FOODS COM 440452100 5581 130769 SH SOLE 130769 0 0 HORMEL FOODS COM 440452100 16 386 SH DFND 03 386 0 0 INTL FLAVORS AND FRAGRANCES COM 459506101 2043 15218 SH SOLE 15218 0 0 INTL FLAVORS AND FRAGRANCES COM 459506101 2430 18100 SH DFND 04 0 0 18100 INTUIT COM 461202103 7297 37068 SH SOLE 36766 0 302 INTUIT COM 461202103 19 98 SH DFND 03 98 0 0 ISHARES TR RUSSELL 2000 INDX COM 464287655 9330 69682 SH SOLE 69682 0 0 J AND J SNACK FOODS COM 466032109 16688 115416 SH SOLE 110311 0 5105 J AND J SNACK FOODS COM 466032109 3354 23200 SH DFND 04 0 0 23200 J2 GLOBAL COMMUNICATIONS COM 48123V102 22803 328663 SH SOLE 316369 0 12294 J2 GLOBAL COMMUNICATIONS COM 48123V102 3046 43900 SH DFND 04 0 0 43900 J2 GLOBAL COMMUNICATIONS COM 48123V102 12 176 SH DFND 03 176 0 0 JACK HENRY AND ASSOCIATES INC COM 426281101 5533 43732 SH SOLE 43732 0 0 JACK HENRY AND ASSOCIATES INC COM 426281101 2834 22400 SH DFND 04 0 0 22400 JACK HENRY AND ASSOCIATES INC COM 426281101 14 114 SH DFND 03 114 0 0 JOHNSON AND JOHNSON COM 478160104 355 2751 SH SOLE 2751 0 0 JPMORGAN CHASE COM 46625H100 5585 57216 SH SOLE 56855 0 361 JPMORGAN CHASE COM 46625H100 18 184 SH DFND 03 184 0 0 KAR AUCTION SERVICES INC COM 48238T109 1386 29035 SH SOLE 29035 0 0 KAR AUCTION SERVICES INC COM 48238T109 1957 41000 SH DFND 04 0 0 41000 KENNEDY-WILSON HOLDINGS INC COM 489398107 15407 847923 SH SOLE 809272 0 38651 KENNEDY-WILSON HOLDINGS INC COM 489398107 2529 139200 SH DFND 04 0 0 139200 LITTELFUSE INC COM 537008104 15300 89221 SH SOLE 85366 0 3855 LITTELFUSE INC COM 537008104 3224 18800 SH DFND 04 0 0 18800 LOCKHEED MARTIN COM 539830109 5826 22249 SH SOLE 22113 0 136 LOCKHEED MARTIN COM 539830109 15 57 SH DFND 03 57 0 0 LOGMEIN INC COM 54142L109 13006 159451 SH SOLE 150936 0 8515 MARKETAXESS HOLDINGS COM 57060D108 9097 43052 SH SOLE 42905 0 147 MARKETAXESS HOLDINGS COM 57060D108 3846 18200 SH DFND 04 0 0 18200 MARKETAXESS HOLDINGS COM 57060D108 19 90 SH DFND 03 90 0 0 MCCORMICK AND CO COM 579780206 3479 24989 SH SOLE 24989 0 0 MCCORMICK AND CO COM 579780206 20 144 SH DFND 03 144 0 0 MCDONALDS COM 580135101 256 1440 SH SOLE 1440 0 0 MEDTRONIC PLC COM G5960L103 6362 69948 SH SOLE 69743 0 205 MEDTRONIC PLC COM G5960L103 19 211 SH DFND 03 211 0 0 MICROSOFT COM 594918104 4157 40924 SH SOLE 40542 0 382 MICROSOFT COM 594918104 22 216 SH DFND 03 216 0 0 MORNINGSTAR INC COM 617700109 16410 149399 SH SOLE 141516 0 7883 MOTOROLA SOLUTIONS INC COM 620076307 8299 72139 SH SOLE 72139 0 0 MOTOROLA SOLUTIONS INC COM 620076307 3428 29800 SH DFND 04 0 0 29800 MOTOROLA SOLUTIONS INC COM 620076307 19 162 SH DFND 03 162 0 0 MSCI INC COM 55354G100 5937 40272 SH SOLE 40272 0 0 MSCI INC COM 55354G100 3361 22800 SH DFND 04 0 0 22800 MSCI INC COM 55354G100 16 110 SH DFND 03 110 0 0 NEENAH INC. COM 640079109 9702 164664 SH SOLE 155461 0 9203 NEXTERA ENERGY COM 65339F101 3080 17717 SH SOLE 17717 0 0 NEXTERA ENERGY COM 65339F101 22 124 SH DFND 03 124 0 0 NORDSON CORP COM 655663102 5342 44763 SH SOLE 44763 0 0 NORDSON CORP COM 655663102 3222 27000 SH DFND 04 0 0 27000 NORDSON CORP COM 655663102 13 112 SH DFND 03 112 0 0 NOVO-NORDISK A/S-SPONS ADR COM 670100205 565 12262 SH SOLE 12262 0 0 ONEOK COM 682680103 2785 51620 SH SOLE 51316 0 304 ONEOK COM 682680103 15 270 SH DFND 03 270 0 0 PAYCHEX INC COM 704326107 3445 52882 SH SOLE 52882 0 0 PAYCHEX INC COM 704326107 14 213 SH DFND 03 213 0 0 PERRIGO COMPANY COM G97822103 2558 66012 SH SOLE 66012 0 0 PERRIGO COMPANY COM G97822103 1162 30000 SH DFND 04 0 0 30000 PERRIGO COMPANY COM G97822103 10 257 SH DFND 03 257 0 0 PETMED EXPRESS INC COM 716382106 7541 324223 SH SOLE 309086 0 15137 PETMED EXPRESS INC COM 716382106 1479 63600 SH DFND 04 0 0 63600 PFIZER COM 717081103 345 7897 SH SOLE 7897 0 0 PHILIP MORRIS INTL COM 718172109 396 5928 SH SOLE 5928 0 0 PHILLIPS 66 COM 718546104 2738 31786 SH SOLE 31386 0 400 PHILLIPS 66 COM 718546104 15 176 SH DFND 03 176 0 0 PHILLIPS 66 PARTNERS LP COM 718549207 2913 69185 SH SOLE 54461 0 14724 PHILLIPS 66 PARTNERS LP COM 718549207 2354 55900 SH DFND 04 0 0 55900 POOL CORP COM 73278L105 25161 169263 SH SOLE 161414 0 7849 POOL CORP COM 73278L105 3020 20319 SH DFND 04 0 0 20319 POWER INTEGRATIONS INC COM 739276103 17783 291619 SH SOLE 278182 0 13437 POWER INTEGRATIONS INC COM 739276103 3110 51000 SH DFND 04 0 0 51000 PROSPERITY BANCSHARES COM 743606105 2538 40744 SH SOLE 40744 0 0 PROSPERITY BANCSHARES COM 743606105 3227 51800 SH DFND 04 0 0 51800 QTS REALTY TRUST INC CLASS A COM 74736A103 12665 341833 SH SOLE 322848 0 18985 QUAKER CHEMICAL CORP COM 747316107 19323 108733 SH SOLE 103593 0 5140 QUAKER CHEMICAL CORP COM 747316107 2932 16500 SH DFND 04 0 0 16500 QUEST DIAGNOSTICS COM 74834L100 7099 85257 SH SOLE 85075 0 182 QUEST DIAGNOSTICS COM 74834L100 2307 27700 SH DFND 04 0 0 27700 QUEST DIAGNOSTICS COM 74834L100 16 192 SH DFND 03 192 0 0 RESMED INC COM 761152107 3267 28687 SH SOLE 28687 0 0 RESMED INC COM 761152107 3917 34400 SH DFND 04 0 0 34400 RETAIL OPPORTUNITY INVST CORP COM 76131N101 11042 695356 SH SOLE 664482 0 30874 RETAIL OPPORTUNITY INVST CORP COM 76131N101 2314 145700 SH DFND 04 0 0 145700 ROSS STORES COM 778296103 7867 94558 SH SOLE 93732 0 826 ROSS STORES COM 778296103 19 227 SH DFND 03 227 0 0 RYDER SYSTEMS INC COM 783549108 16252 337530 SH SOLE 321533 0 15997 RYDER SYSTEMS INC COM 783549108 2994 62190 SH DFND 04 0 0 62190 RYMAN HOSPITALITY PPTYS INC COM 78377T107 15279 229098 SH SOLE 218784 0 10314 RYMAN HOSPITALITY PPTYS INC COM 78377T107 3028 45400 SH DFND 04 0 0 45400 SERVICE CORP INTL COM 817565104 5686 141222 SH SOLE 141222 0 0 SERVICE CORP INTL COM 817565104 3603 89500 SH DFND 04 0 0 89500 SERVICE CORP INTL COM 817565104 17 424 SH DFND 03 424 0 0 SHERWIN WILLIAMS COM 824348106 1060 2693 SH SOLE 2580 0 113 SHERWIN WILLIAMS COM 824348106 18 45 SH DFND 03 45 0 0 SNAP-ON INC COM 833034101 2174 14965 SH SOLE 14965 0 0 SNAP-ON INC COM 833034101 2731 18800 SH DFND 04 0 0 18800 STANDARD MOTOR PRODUCTS COM 853666105 13322 275067 SH SOLE 261210 0 13857 STANDEX INTERNATIONAL CORPORAT COM 854231107 9065 134943 SH SOLE 127651 0 7292 STARBUCKS COM 855244109 5865 91074 SH SOLE 90706 0 368 STARBUCKS COM 855244109 18 284 SH DFND 03 284 0 0 STERIS CORP COM G84720104 21082 197306 SH SOLE 188624 0 8682 STERIS CORP COM G84720104 3836 35900 SH DFND 04 0 0 35900 SUNTRUST BANKS COM 867914103 2802 55561 SH SOLE 55561 0 0 SUNTRUST BANKS COM 867914103 15 302 SH DFND 03 302 0 0 SYNNEX CORPORATION COM 87162W100 16638 205810 SH SOLE 196109 0 9701 SYNNEX CORPORATION COM 87162W100 3127 38680 SH DFND 04 0 0 38680 TEXAS INSTRUMENTS COM 882508104 3094 32736 SH SOLE 32736 0 0 TEXAS INSTRUMENTS COM 882508104 16 166 SH DFND 03 166 0 0 THE ENSIGN GROUP INC COM 29358P101 25518 657857 SH SOLE 627263 0 30594 THE ENSIGN GROUP INC COM 29358P101 3898 100500 SH DFND 04 0 0 100500 THOR INDUSTRIES INC COM 885160101 8245 158554 SH SOLE 151400 0 7154 THOR INDUSTRIES INC COM 885160101 1544 29700 SH DFND 04 0 0 29700 TJX COMPANIES COM 872540109 2051 45847 SH SOLE 45847 0 0 TJX COMPANIES COM 872540109 16 348 SH DFND 03 348 0 0 TORO CO COM 891092108 2118 37895 SH SOLE 37895 0 0 TORO CO COM 891092108 2520 45100 SH DFND 04 0 0 45100 TRACTOR SUPPLY CO COM 892356106 3037 36398 SH SOLE 36398 0 0 TRACTOR SUPPLY CO COM 892356106 3688 44200 SH DFND 04 0 0 44200 U.S. PHYSICAL THERAPY INC. COM 90337L108 16702 163182 SH SOLE 154881 0 8301 UNION PACIFIC COM 907818108 6250 45213 SH SOLE 44906 0 307 UNION PACIFIC COM 907818108 17 124 SH DFND 03 124 0 0 UNITEDHEALTH GROUP INC COM 91324P102 6825 27396 SH SOLE 27158 0 238 UNITEDHEALTH GROUP INC COM 91324P102 22 89 SH DFND 03 89 0 0 UNIVERSAL DISPLAY CORPORATION COM 91347P105 7362 78677 SH SOLE 74579 0 4098 VISA COM 92826C839 8310 62986 SH SOLE 62425 0 561 VISA COM 92826C839 20 149 SH DFND 03 149 0 0 WASTE CONNECTIONS INC COM 94106B101 9500 127948 SH SOLE 127138 0 810 WASTE CONNECTIONS INC COM 94106B101 3133 42200 SH DFND 04 0 0 42200 WASTE CONNECTIONS INC COM 94106B101 17 231 SH DFND 03 231 0 0 WESTWOOD HOLDINGS GROUP COM 961765104 246 7222 SH SOLE 7042 0 180 WYNDHAM HOTELS & RESORTS INC COM 98311A105 3711 81800 SH SOLE 81109 0 691 WYNDHAM HOTELS & RESORTS INC COM 98311A105 2377 52400 SH DFND 04 0 0 52400 XILINX COM 983919101 281 3300 SH SOLE 3300 0 0 ZOETIS COM 98978V103 6137 71739 SH SOLE 71349 0 390 ZOETIS COM 98978V103 21 242 SH DFND 03 242 0 0