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
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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
3-D SYS CORP DEL COM NEW COM 88554D205 327 11,925 SH   SOLE   11,925 0 0
ACCENTURE PLC IRELAND SHS CLAS COM G1151C101 5,584 59,602 SH   SOLE   59,602 0 0
ACE LTD SHS COM H0023R105 22,485 201,676 SH   SOLE   201,676 0 0
ADVANCED ENERGY INDS COM COM 007973100 394 15,350 SH   SOLE   15,350 0 0
AFFYMETRIX INC COM COM 00826T108 251 20,000 SH   SOLE   20,000 0 0
ALLIANCE DATA SYS CORP COM COM 018581108 4,829 16,302 SH   SOLE   16,302 0 0
ALLIANCE HEALTHCARE SR COM PAR COM 018606301 292 13,150 SH   SOLE   13,150 0 0
AMAZON INC COM COM 023135106 24,656 66,263 SH   SOLE   66,263 0 0
AMBARELLA INC SHS COM G037AX101 1,967 25,975 SH   SOLE   25,975 0 0
AMDOCS LTD ORD COM G02602103 7,596 139,632 SH   SOLE   139,632 0 0
AMGEN INC COM COM 031162100 33,452 209,273 SH   SOLE   209,273 0 0
AMPHENOL CORP NEW CL A COM 032095101 206 3,500 SH   SOLE   3,500 0 0
AMSURG CORP COM COM 03232P405 649 10,550 SH   SOLE   10,550 0 0
ANN TAYLOR COM 035623107 433 10,550 SH   SOLE   10,550 0 0
ANTHEM INC COM COM 036752103 3,505 22,700 SH   SOLE   22,700 0 0
APPLE INC COM 037833100 8,924 71,722 SH   SOLE   71,722 0 0
ARGAN INC COM COM 04010E109 298 8,250 SH   SOLE   8,250 0 0
ARISTA NETWORKS INC COM COM 040413106 963 13,650 SH   SOLE   13,650 0 0
ARROW ELECTRONICS INC COM COM 042735100 5,383 88,025 SH   SOLE   88,025 0 0
ASSURANT INC COM COM 04621X108 1,361 22,170 SH   SOLE   22,170 0 0
AUTODESK COM 052769106 246 4,200 SH   SOLE   4,200 0 0
AVG TECHNOLOGIES N V SHS COM N07831105 1,985 91,700 SH   SOLE   91,700 0 0
BAKER HUGHES INC COM COM 057224107 2,197 34,550 SH   SOLE   34,550 0 0
BANK OF NEW YORK MELLON COM COM 064058100 4,020 99,905 SH   SOLE   99,905 0 0
BARD C R INC COM COM 067383109 28,357 169,450 SH   SOLE   169,450 0 0
BECTON DICKINSON COM 075887109 3,446 24,000 SH   SOLE   24,000 0 0
BIO TECHNE CORP COM COM 09073M104 1,354 13,500 SH   SOLE   13,500 0 0
BROADCOM CORP COM CL A COM 111320107 7,858 181,493 SH   SOLE   181,493 0 0
CA INC COM COM 12673P105 6,346 194,595 SH   SOLE   194,595 0 0
CAI INTERNATIONAL INC COM COM 12477X106 327 13,300 SH   SOLE   13,300 0 0
CALAMOS ASSET MGMT INC CL A COM 12811R104 440 32,700 SH   SOLE   32,700 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 4,349 55,175 SH   SOLE   55,175 0 0
CARDINAL HEALTH INC. COM 14149Y108 5,064 56,100 SH   SOLE   56,100 0 0
CATAMARAN CORP COM COM 148887102 274 4,600 SH   SOLE   4,600 0 0
CHARLES RIV LABS INTL COM COM 159864107 2,212 27,900 SH   SOLE   27,900 0 0
CHECK POINT SOFTWARE COM M22465104 5,351 65,285 SH   SOLE   65,285 0 0
CIGNA CORP. COM 125509109 2,356 18,200 SH   SOLE   18,200 0 0
CIRRUS LOGIC CORP COM 172755100 2,895 87,050 SH   SOLE   87,050 0 0
CISCO SYS INC COM COM 17275R102 43,898 1,594,858 SH   SOLE   1,594,858 0 0
CIT GROUP INC COM NEW COM 125581801 17,035 377,556 SH   SOLE   377,556 0 0
CITRIX SYSTEMS, INC. COM 177376100 626 9,800 SH   SOLE   9,800 0 0
CNO FINL GROUP INC COM COM 12621E103 258 15,000 SH   SOLE   15,000 0 0
COGNIZANT TECH SOLUTIONS CORP COM 192446102 20,931 335,494 SH   SOLE   335,494 0 0
COMMVAULT SYSTEMS INC COM COM 204166102 1,009 23,100 SH   SOLE   23,100 0 0
COMPUTER SCIENCES CORP. COM 205363104 5,772 88,415 SH   SOLE   88,415 0 0
CORNING INC COM COM 219350105 3,863 170,330 SH   SOLE   170,330 0 0
COWEN GROUP INC NEW CL A COM 223622101 478 91,900 SH   SOLE   91,900 0 0
CSG SYSTEMS INTERNATIONAL INC. COM 126349109 472 15,519 SH   SOLE   15,519 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 1,012 71,729 SH   SOLE   71,729 0 0
DAVITA INC COM COM 23918K108 1,479 18,200 SH   SOLE   18,200 0 0
DOLBY LABORATORIES INC COM COM 25659T107 300 7,850 SH   SOLE   7,850 0 0
ELI LILLY & CO. COM 532457108 2,136 29,400 SH   SOLE   29,400 0 0
EMC CORP-MASS COM 268648102 4,564 178,550 SH   SOLE   178,550 0 0
ENERGIZER HLDGS INC COM COM 29266R108 2,395 17,350 SH   SOLE   17,350 0 0
EVEREST RE GROUP LTD COM COM G3223R108 2,558 14,702 SH   SOLE   14,702 0 0
EXPRESS SCRIPTS HLDG COM COM 30219G108 8,686 100,100 SH   SOLE   100,100 0 0
EXXON MOBIL CORP COM COM 30231G102 3,041 35,775 SH   SOLE   35,775 0 0
F5 NETWORKS INC COM COM 315616102 1,069 9,300 SH   SOLE   9,300 0 0
FABRINET SHS COM G3323L100 418 22,000 SH   SOLE   22,000 0 0
FBR & CO COM NEW COM 30247C400 284 12,275 SH   SOLE   12,275 0 0
FIRST BANCORP N C COM COM 318910106 930 52,965 SH   SOLE   52,965 0 0
FLEXTRONICS INTL LTD ORD COM Y2573F102 3,219 253,965 SH   SOLE   253,965 0 0
FORTINET INC COM COM 34959E109 1,293 37,000 SH   SOLE   37,000 0 0
GOOGLE INC CL A COM 38259P508 19,816 35,723 SH   SOLE   35,723 0 0
GOOGLE INC CL C COM 38259P706 20,423 37,268 SH   SOLE   37,268 0 0
GREAT SOUTHN BANCORP COM COM 390905107 2,313 58,720 SH   SOLE   58,720 0 0
GREATBATCH INC COM COM 39153L106 1,087 18,784 SH   SOLE   18,784 0 0
GUESS INC COM COM 401617105 347 18,650 SH   SOLE   18,650 0 0
HARTFORD FINL SVCS COM COM 416515104 268 6,400 SH   SOLE   6,400 0 0
HEWLETT PACKARD CO COM 428236103 3,979 127,690 SH   SOLE   127,690 0 0
HOLLYSYS AUTOMATION TE SHS COM G45667105 332 16,700 SH   SOLE   16,700 0 0
HUNTINGTON INGALLS IND COM COM 446413106 5,394 38,486 SH   SOLE   38,486 0 0
IAC INTERACTIVECORP COM PAR $. COM 44919P508 5,560 82,413 SH   SOLE   82,413 0 0
ILLUMINA INC COM COM 452327109 1,632 8,790 SH   SOLE   8,790 0 0
INFOBLOX INC COM COM 45672H104 949 39,750 SH   SOLE   39,750 0 0
INGRAM MICRO INC CL A COM 457153104 3,310 131,780 SH   SOLE   131,780 0 0
INTEL CORP COM 458140100 5,233 167,340 SH   SOLE   167,340 0 0
INTERNATIONAL BNCSHRS COM COM 459044103 2,709 104,065 SH   SOLE   104,065 0 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 21,390 133,270 SH   SOLE   133,270 0 0
INTERPUBLIC GROUP OF COMPANIES COM 460690100 2,514 113,650 SH   SOLE   113,650 0 0
ION GEOPHYSICAL CORP COM COM 462044108 258 118,700 SH   SOLE   118,700 0 0
JANUS CAP GROUP INC COM COM 47102X105 540 31,400 SH   SOLE   31,400 0 0
JAZZ PHARMACEUTICALS P SHS USD COM G50871105 259 1,500 SH   SOLE   1,500 0 0
JOHNSON & JOHNSON COM 478160104 2,183 21,700 SH   SOLE   21,700 0 0
JPMORGAN CHASE & CO COM COM 46625H100 28,315 467,395 SH   SOLE   467,395 0 0
JUNIPER NETWORKS INC COM COM 48203R104 3,234 143,215 SH   SOLE   143,215 0 0
KEYSIGHT TECHNOLOGIES COM COM 49338L103 1,506 40,550 SH   SOLE   40,550 0 0
KLA-TENCOR CORP COM COM 482480100 22,968 394,027 SH   SOLE   394,027 0 0
KULICKE & SOFFA INDUSTRIES INC COM 501242101 492 31,500 SH   SOLE   31,500 0 0
L-3 COMMUNICATNS HLDGS COM COM 502424104 296 2,350 SH   SOLE   2,350 0 0
LAM RESEARCH CORP. COM 512807108 688 9,800 SH   SOLE   9,800 0 0
LEAPFROG ENTERPRISES CL A COM 52186N106 71 32,700 SH   SOLE   32,700 0 0
LEXMARK INT'L GROUP INC. CL A COM 529771107 2,909 68,705 SH   SOLE   68,705 0 0
LIBERTY MEDIA CORP DEL CL A COM 531229102 266 6,900 SH   SOLE   6,900 0 0
LINEAR TECHNOLOGY CORP COM COM 535678106 477 10,200 SH   SOLE   10,200 0 0
M & T BK CORP COM COM 55261F104 7,952 62,615 SH   SOLE   62,615 0 0
MAGELLAN HEALTH SVCS COM NEW COM 559079207 476 6,725 SH   SOLE   6,725 0 0
MALLINCKRODT PUB LTD C SHS COM G5785G107 305 2,412 SH   SOLE   2,412 0 0
MARVELL TECH GROUP LTD ORD COM G5876H105 4,288 291,730 SH   SOLE   291,730 0 0
MCKESSON CORP COM COM 58155Q103 1,708 7,550 SH   SOLE   7,550 0 0
MEDTRONIC PLC SHS COM G5960L103 13,208 169,357 SH   SOLE   169,357 0 0
MERCADOLIBRE INC COM COM 58733R102 1,173 9,575 SH   SOLE   9,575 0 0
MERCK & CO INC NEW COM COM 58933Y105 2,972 51,700 SH   SOLE   51,700 0 0
MICROSOFT COM 594918104 12,644 311,005 SH   SOLE   311,005 0 0
NABORS INDUSTRIES LTD SHS COM G6359F103 2,718 199,110 SH   SOLE   199,110 0 0
NETAPP INC COM COM 64110D104 4,326 121,990 SH   SOLE   121,990 0 0
NEWPORT CORP. COM 651824104 560 29,400 SH   SOLE   29,400 0 0
NIELSEN HOLDINGS B V COM COM N63218106 252 5,650 SH   SOLE   5,650 0 0
NORTHROP GRUMMAN CORP COM COM 666807102 8,103 50,340 SH   SOLE   50,340 0 0
NVIDIA CORP COM 67066G104 3,766 180,000 SH   SOLE   180,000 0 0
NXP SEMICONDUCTORS N V COM COM N6596X109 1,490 14,850 SH   SOLE   14,850 0 0
OMNICARE INC COM COM 681904108 1,626 21,100 SH   SOLE   21,100 0 0
ORACLE SYSTEMS CORP. COM 68389X105 8,470 196,295 SH   SOLE   196,295 0 0
OWENS & MINOR INC NEW COM COM 690732102 2,186 64,600 SH   SOLE   64,600 0 0
PALO ALTO NETWORKS INC COM COM 697435105 862 5,900 SH   SOLE   5,900 0 0
PARKER-HANNIFIN CORP. COM 701094104 2,881 24,255 SH   SOLE   24,255 0 0
PATTERSON COMPANIES COM COM 703395103 1,874 38,400 SH   SOLE   38,400 0 0
PAYCHEX INC. COM 704326107 2,896 58,369 SH   SOLE   58,369 0 0
PEPSICO INC. COM 713448108 3,963 41,450 SH   SOLE   41,450 0 0
PFIZER INC COM COM 717081103 3,086 88,706 SH   SOLE   88,706 0 0
PRIVATEBANCORP INC COM COM 742962103 462 13,150 SH   SOLE   13,150 0 0
PROTO LABS INC COM COM 743713109 292 4,175 SH   SOLE   4,175 0 0
QUALCOMM INC COM COM 747525103 18,173 262,080 SH   SOLE   262,080 0 0
QUALITY SYS INC COM COM 747582104 400 25,050 SH   SOLE   25,050 0 0
QUALYS INC COM COM 74758T303 1,102 23,700 SH   SOLE   23,700 0 0
QUEST DIAGNOSTIC SYSTEMS COM 74834L100 1,637 21,300 SH   SOLE   21,300 0 0
RAYTHEON CO COM 755111507 3,616 33,098 SH   SOLE   33,098 0 0
RED HAT INC COM COM 756577102 3,832 50,587 SH   SOLE   50,587 0 0
RUCKUS WIRELESS INC COM COM 781220108 1,044 81,100 SH   SOLE   81,100 0 0
SALESFORCE COM INC COM COM 79466L302 7,932 118,720 SH   SOLE   118,720 0 0
SANDISK CORP COM COM 80004C101 1,012 15,900 SH   SOLE   15,900 0 0
SCHWAB CHARLES CORP NEW COM COM 808513105 32,837 1,078,751 SH   SOLE   1,078,751 0 0
SEAGATE TECHNOLOGY PLC SHS COM G7945M107 224 4,300 SH   SOLE   4,300 0 0
SKULLCANDY INC COM COM 83083J104 606 53,600 SH   SOLE   53,600 0 0
SOLARWINDS INC COM COM 83416B109 1,068 20,850 SH   SOLE   20,850 0 0
STAPLES INC. COM 855030102 242 14,850 SH   SOLE   14,850 0 0
STATE STREET BOSTON CORP COM 857477103 213 2,900 SH   SOLE   2,900 0 0
STRATASYS LTD SHS COM M85548101 343 6,500 SH   SOLE   6,500 0 0
STRYKER CORP COM 863667101 2,177 23,600 SH   SOLE   23,600 0 0
SUNTRUST BKS INC COM 867914103 2,848 69,310 SH   SOLE   69,310 0 0
SYMANTEC CORPORATION COM 871503108 17,204 736,328 SH   SOLE   736,328 0 0
SYMETRA FINL CORP COM COM 87151Q106 453 19,300 SH   SOLE   19,300 0 0
SYNOPSYS INC. COM 871607107 3,960 85,500 SH   SOLE   85,500 0 0
TARGACEPT INC COM COM 87611R306 114 38,456 SH   SOLE   38,456 0 0
TCF FINL CORP COM COM 872275102 13,136 835,603 SH   SOLE   835,603 0 0
TECK RESOURCES LTD CL B COM 878742204 559 40,704 SH   SOLE   40,704 0 0
TOTAL SYS SVCS INC COM COM 891906109 992 26,000 SH   SOLE   26,000 0 0
TRANSOCEAN LTD REG SHS COM H8817H100 5,000 340,820 SH   SOLE   340,820 0 0
TRAVELERS COMPANIES COM COM 89417E109 3,503 32,400 SH   SOLE   32,400 0 0
TWENTY FIRST CENTY FOX CL A COM 90130A101 3,864 114,180 SH   SOLE   114,180 0 0
UNDER ARMOUR INC CL A COM 904311107 242 3,000 SH   SOLE   3,000 0 0
UNION BANKSHARES CORP COM COM 90539J109 330 14,875 SH   SOLE   14,875 0 0
UNISYS CORP COM NEW COM 909214306 726 31,300 SH   SOLE   31,300 0 0
UNITED THERAPEUTIC DEL COM COM 91307C102 672 3,900 SH   SOLE   3,900 0 0
UNITEDHEALTH GRP INC COM COM 91324P102 1,833 15,500 SH   SOLE   15,500 0 0
US BANCORP DEL (NEW) COM 902973304 22,880 523,931 SH   SOLE   523,931 0 0
VANTIV INC CL A COM 92210H105 247 6,550 SH   SOLE   6,550 0 0
VCA ANTECH INC COM COM 918194101 2,768 50,500 SH   SOLE   50,500 0 0
VECTRUS INC COM 92242T101 2,617 102,678 SH   SOLE   102,678 0 0
VERINT SYS INC COM COM 92343X100 430 6,950 SH   SOLE   6,950 0 0
WATERS CORP COM 941848103 2,760 22,200 SH   SOLE   22,200 0 0
WEATHERFORD INTL PLC ORD SHS COM G48833100 259 21,050 SH   SOLE   21,050 0 0
WEIGHT WATCHERS INTL COM COM 948626106 100 14,350 SH   SOLE   14,350 0 0
WELLS FARGO CO. COM 949746101 6,548 120,360 SH   SOLE   120,360 0 0
WESTERN DIGITAL CORP. COM 958102105 8,087 88,855 SH   SOLE   88,855 0 0
WESTERN UN CO COM COM 959802109 3,428 164,705 SH   SOLE   164,705 0 0
WORKDAY INC CL A COM 98138H101 236 2,800 SH   SOLE   2,800 0 0
WYNDHAM WORLDWIDE CORP COM COM 98310W108 362 4,000 SH   SOLE   4,000 0 0
XILINX INC. COM 983919101 22,728 537,315 SH   SOLE   537,315 0 0
ZIMMER HLDGS INC COM COM 98956P102 1,963 16,700 SH   SOLE   16,700 0 0
ZIONS BANCORPORATION COM COM 989701107 314 11,625 SH   SOLE   11,625 0 0
ASTRAZENECA PLC SPONSORED ADR ADR 046353108 2,922 42,700 SH   SOLE   42,700 0 0
BAIDU INC SPON ADR REP A ADR 056752108 542 2,600 SH   SOLE   2,600 0 0
GLAXOSMITHKLINE PLC ADR 37733W105 1,744 37,800 SH   SOLE   37,800 0 0
NOVARTIS A G SPONSORED ADR ADR 66987V109 2,327 23,600 SH   SOLE   23,600 0 0
ROYAL DUTCH SHELL PLC SPONS AD ADR 780259206 2,424 40,629 SH   SOLE   40,629 0 0
SANOFI AVENTIS SPONSORED ADR ADR 80105N105 1,641 33,200 SH   SOLE   33,200 0 0
SILICON MOTION TECH CP SPONSOR ADR 82706C108 1,513 56,300 SH   SOLE   56,300 0 0
TEVA PHARMACEUTICAL INDS LTD A ADR 881624209 24,074 386,413 SH   SOLE   386,413 0 0