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
3M CO COM 88579Y101 410 2,926 SH   SOLE   2,926 0 0
ACTUATE CORP COM 00508B102 1,796 233,000 SH   SOLE   186,500 0 46,500
AEGION CORP COM 00770F104 296 13,500 SH   SOLE   13,500 0 0
AFFYMETRIX INC COM 00826T108 296 34,500 SH   SOLE   34,500 0 0
AFLAC INC COM 001055102 858 12,850 SH   SOLE   9,050 0 3,800
ALPHATEC HOLDINGS INC COM 02081G102 774 385,150 SH   SOLE   334,650 0 50,500
ALTRIA GROUP INC COM 02209S103 470 12,250 SH   SOLE   12,250 0 0
AMERICAN EAGLE ENERGY CORP COM 02554F102 1,941 947,000 SH   SOLE   712,500 0 234,500
APPLE INC COM 037833100 1,653 2,947 SH   SOLE   2,205 0 742
APPLIANCE RECYCLING CTRS AME COM NEW 03814F205 2,448 852,621 SH   SOLE   616,621 0 236,000
AT&T INC COM 00206R102 570 16,212 SH   SOLE   12,212 0 4,000
ATRICURE INC COM 04963C209 3,583 191,835 SH   SOLE   141,485 0 50,350
AXOGEN INC COM 05463X106 1,770 394,200 SH   SOLE   323,450 0 70,750
BACTERIN INTL HLDGS INC COM 05644R101 1,483 2,965,393 SH   SOLE   2,643,893 0 321,500
BAXANO SURGICAL INC COM 071773105 674 667,400 SH   SOLE   500,900 0 166,500
BAXTER INTL INC COM 071813109 1,589 22,840 SH   SOLE   16,890 0 5,950
BIOLASE INC COM 090911108 537 189,722 SH   SOLE   172,637 0 17,085
BIOTELEMETRY INC COM 090672106 197 24,800 SH   SOLE   10,800 0 14,000
BRIDGELINE DIGITAL INC COM 10807Q205 77 73,000 SH   SOLE   53,000 0 20,000
CALIX INC COM 13100M509 156 16,234 SH   SOLE   0 0 16,234
CANCER GENETICS INC COM 13739U104 1,127 81,775 SH   SOLE   71,000 0 10,775
CARDICA INC COM 14141R101 1,043 1,070,131 SH   SOLE   943,661 0 126,470
CARDIOME PHARMA CORP COM NO PAR 14159U301 87 14,000 SH   SOLE   14,000 0 0
CARDIOVASCULAR SYS INC DEL COM 141619106 3,738 109,000 SH   SOLE   39,800 0 69,200
COLEMAN CABLE INC COM 193459302 2,539 96,850 SH   SOLE   67,500 0 29,350
COMBIMATRIX CORP COM NEW 20009T303 447 194,175 SH   SOLE   194,175 0 0
COMPUTER TASK GROUP INC COM 205477102 1,936 102,800 SH   SOLE   87,700 0 15,100
CONMED CORP COM 207410101 1,184 27,850 SH   SOLE   17,850 0 10,000
CORNING INC COM 219350105 731 41,000 SH   SOLE   30,000 0 11,000
COVIDIEN PLC SHS G2554F113 555 8,150 SH   SOLE   6,400 0 1,750
CRANE CO COM 224399105 541 8,050 SH   SOLE   5,800 0 2,250
CUI GLOBAL INC COM NEW 126576206 1,076 170,250 SH   SOLE   124,500 0 45,750
CVS CAREMARK CORPORATION COM 126650100 1,231 17,200 SH   SOLE   12,900 0 4,300
CYPRESS SEMICONDUCTOR CORP COM 232806109 287 27,300 SH   SOLE   24,800 0 2,500
CYTORI THERAPEUTICS INC COM 23283K105 1,621 630,550 SH   SOLE   483,350 0 147,200
DATALINK CORP COM 237934104 1,847 169,450 SH   SOLE   108,450 0 61,000
DELUXE CORP COM 248019101 1,784 34,175 SH   SOLE   27,525 0 6,650
DEPOMED INC COM 249908104 428 40,500 SH   SOLE   31,000 0 9,500
DEXCOM INC COM 252131107 248 7,000 SH   SOLE   4,800 0 2,200
DIGIRAD CORP COM 253827109 167 45,000 SH   SOLE   45,000 0 0
DONALDSON INC COM 257651109 1,273 29,300 SH   SOLE   16,300 0 13,000
DOT HILL SYS CORP COM 25848T109 4,009 1,189,649 SH   SOLE   981,699 0 207,950
ECHO GLOBAL LOGISTICS INC COM 27875T101 215 10,000 SH   SOLE   10,000 0 0
ECHO THERAPEUTICS INC COM NEW 27876L206 71 22,500 SH   SOLE   22,500 0 0
EDAP TMS S A SPONSORED ADR 268311107 1,801 610,496 SH   SOLE   524,496 0 86,000
ELECTROMED INC COM 285409108 329 96,800 SH   SOLE   72,800 0 24,000
LILLY ELI & CO COM 532457108 1,224 24,000 SH   SOLE   16,200 0 7,800
EMERALD OIL INC COM NEW 29101U209 101 13,205 SH   SOLE   12,657 0 548
ENDOLOGIX INC COM 29266S106 975 55,900 SH   SOLE   33,800 0 22,100
EPLUS INC COM 294268107 1,648 29,000 SH   SOLE   27,500 0 1,500
EXPRESS INC COM 30219E103 623 33,350 SH   SOLE   20,700 0 12,650
FAMOUS DAVES AMER INC COM 307068106 1,860 101,650 SH   SOLE   57,500 0 44,150
FULLER H B CO COM 359694106 403 7,750 SH   SOLE   4,500 0 3,250
GENERAL ELECTRIC CO COM 369604103 354 12,635 SH   SOLE   12,075 0 560
GENERAL MLS INC COM 370334104 252 5,056 SH   SOLE   3,056 0 2,000
GEOSPACE TECHNOLOGIES CORP COM 37364X109 1,107 11,700 SH   SOLE   7,300 0 4,400
GIGOPTIX INC COM 37517Y103 842 550,000 SH   SOLE   462,900 0 87,100
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 817 15,300 SH   SOLE   11,250 0 4,050
GLOBAL CASH ACCESS HLDGS IN COM 378967103 1,051 105,250 SH   SOLE   69,500 0 35,750
GLU MOBILE INC COM 379890106 1,067 275,000 SH   SOLE   177,000 0 98,000
GOODYEAR TIRE & RUBR CO COM 382550101 644 27,000 SH   SOLE   18,500 0 8,500
GSV CAP CORP COM 36191J101 1,049 86,800 SH   SOLE   57,750 0 29,050
HANSEN MEDICAL INC COM 411307101 1,890 1,092,534 SH   SOLE   844,500 0 248,034
HEALTH CARE REIT COM 42217K106 224 4,180 SH   SOLE   3,230 0 950
HEWLETT PACKARD CO COM 428236103 741 26,500 SH   SOLE   20,800 0 5,700
IBIO INC COM 451033104 10 30,000 SH   SOLE   0 0 30,000
IDENTIVE GROUP INC COM 45170X106 181 314,500 SH   SOLE   267,500 0 47,000
IDEXX LABS INC COM 45168D104 745 7,000 SH   SOLE   7,000 0 0
IKANOS COMMUNICATIONS INC COM 45173E105 990 825,000 SH   SOLE   723,750 0 101,250
IMATION CORP COM 45245A107 105 22,530 SH   SOLE   15,530 0 7,000
IMRIS INC COM 45322N105 21 13,000 SH   SOLE   0 0 13,000
INCONTACT INC COM 45336E109 651 83,400 SH   SOLE   72,150 0 11,250
INSIGNIA SYS INC COM 45765Y105 759 277,867 SH   SOLE   111,000 0 166,867
INTERNATIONAL BUSINESS MACHS COM 459200101 202 1,075 SH   SOLE   1,075 0 0
INVENTURE FOODS INC COM 461212102 3,096 233,500 SH   SOLE   164,000 0 69,500
IRIDEX CORP COM 462684101 147 14,500 SH   SOLE   6,000 0 8,500
ISIS PHARMACEUTICALS INC COM 464330109 1,933 48,515 SH   SOLE   35,465 0 13,050
PENNEY J C INC COM 708160106 183 20,000 SH   SOLE   20,000 0 0
JOHNSON & JOHNSON COM 478160104 700 7,640 SH   SOLE   4,890 0 2,750
LAKES ENTMNT INC COM 51206P109 241 61,000 SH   SOLE   54,050 0 6,950
LEMAITRE VASCULAR INC COM 525558201 1,257 156,949 SH   SOLE   137,228 0 19,721
LIFEVANTAGE CORP COM 53222K106 1,113 674,348 SH   SOLE   86,944 0 587,404
LIPOSCIENCE INC COM 53630M108 60 14,000 SH   SOLE   7,000 0 7,000
MEDTRONIC INC COM 585055106 967 16,850 SH   SOLE   11,650 0 5,200
MGC DIAGNOSTICS CORP COM 552768103 519 41,000 SH   SOLE   41,000 0 0
MIDWAY GOLD CORP COM 598153104 65 80,000 SH   SOLE   18,750 0 61,250
MOLSON COORS BREWING CO CL B 60871R209 1,291 23,000 SH   SOLE   16,050 0 6,950
MOSYS INC COM 619718109 276 50,000 SH   SOLE   50,000 0 0
NANOSPHERE INC COM 63009F105 2,171 948,050 SH   SOLE   816,550 0 131,500
NCR CORP NEW COM 62886E108 1,577 46,300 SH   SOLE   32,450 0 13,850
NEOGENOMICS INC COM NEW 64049M209 2,746 758,680 SH   SOLE   565,280 0 193,400
NETSCOUT SYS INC COM 64115T104 621 21,000 SH   SOLE   21,000 0 0
NORTECH SYS INC COM 656553104 156 28,500 SH   SOLE   28,500 0 0
NUTRACEUTICAL INTL CORP COM 67060Y101 1,202 44,900 SH   SOLE   29,900 0 15,000
ON ASSIGNMENT INC COM 682159108 625 17,900 SH   SOLE   12,050 0 5,850
ONCOTHYREON INC COM 682324108 977 554,850 SH   SOLE   434,450 0 120,400
ORION ENERGY SYSTEMS INC COM 686275108 2,013 296,096 SH   SOLE   264,315 0 31,781
OUTERWALL INC COM 690070107 1,157 17,200 SH   SOLE   11,150 0 6,050
PENTAIR LTD COM H6169Q108 1,736 22,350 SH   SOLE   15,300 0 7,050
PFIZER INC COM 717081103 2,073 67,670 SH   SOLE   38,940 0 28,730
PHARMATHENE INC COM 71714G102 2,822 1,517,100 SH   SOLE   1,140,500 0 376,600
POKERTEK INC COM NEW 730864204 432 450,103 SH   SOLE   428,103 0 22,000
POLYMET MINING CORP COM 731916102 87 95,500 SH   SOLE   20,625 0 74,875
PROFESSIONAL DIVERSITY NET I COM 74312Y103 121 26,250 SH   SOLE   22,000 0 4,250
QUMU CORP COM 749063103 1,326 103,600 SH   SOLE   77,800 0 25,800
REVLON INC CL A NEW 761525609 1,352 54,150 SH   SOLE   39,850 0 14,300
ROCKWELL MED INC COM 774374102 6,586 630,850 SH   SOLE   214,250 0 416,600
RTI SURGICAL INC COM 74975N105 611 172,568 SH   SOLE   150,550 0 22,018
SANOFI SPONSORED ADR 80105N105 1,097 20,450 SH   SOLE   15,700 0 4,750
SCRIPPS E W CO OHIO CL A NEW 811054402 434 20,000 SH   SOLE   20,000 0 0
SMUCKER J M CO COM NEW 832696405 829 8,000 SH   SOLE   6,300 0 1,700
SPEED COMM INC COM 84764T106 3,598 770,500 SH   SOLE   233,500 0 537,000
ST JUDE MED INC COM 790849103 5,816 93,888 SH   SOLE   37,950 0 55,938
STAAR SURGICAL CO COM PAR $0.01 852312305 1,413 87,300 SH   SOLE   67,300 0 20,000
STANLEY BLACK & DECKER INC COM 854502101 734 9,100 SH   SOLE   7,150 0 1,950
SUMMER INFANT INC COM 865646103 320 177,000 SH   SOLE   135,500 0 41,500
SUNEDISON INC COM 86732Y109 352 27,000 SH   SOLE   20,000 0 7,000
SUPERCONDUCTOR TECHNOLOGIES COM PAR $0.001 867931404 166 77,000 SH   SOLE   77,000 0 0
SUPERVALU INC COM 868536103 2,199 301,650 SH   SOLE   181,450 0 120,200
SYNERGETICS USA INC COM 87160G107 181 50,000 SH   SOLE   50,000 0 0
SYNERGY RES CORP COM 87164P103 347 37,500 SH   SOLE   37,500 0 0
TUPPERWARE BRANDS CORP COM 899896104 237 2,510 SH   SOLE   2,080 0 430
UNITEDHEALTH GROUP INC COM 91324P102 994 13,200 SH   SOLE   8,450 0 4,750
UQM TECHNOLOGIES INC COM 903213106 1,116 521,634 SH   SOLE   450,384 0 71,250
UROPLASTY INC COM NEW 917277204 3,883 1,422,325 SH   SOLE   926,805 0 495,520
U.S. AUTO PARTS NETWORK INC COM 90343C100 2,050 826,800 SH   SOLE   718,300 0 108,500
US BANCORP DEL COM NEW 902973304 882 21,828 SH   SOLE   18,026 0 3,802
VARIAN MED SYS INC COM 92220P105 396 5,100 SH   SOLE   3,600 0 1,500
VENAXIS INC COM 92262A107 2,649 1,237,902 SH   SOLE   1,118,134 0 119,768
VERIZON COMMUNICATIONS INC COM 92343V104 324 6,596 SH   SOLE   6,596 0 0
WAVE SYSTEMS CORP CL A PAR $0.01 943526400 790 868,551 SH   SOLE   737,051 0 131,500
XILINX INC COM 983919101 400 8,705 SH   SOLE   8,705 0 0
ZIX CORP COM 98974P100 2,313 507,269 SH   SOLE   389,769 0 117,500
ZYNGA INC CL A 98986T108 59 15,400 SH   SOLE   12,000 0 3,400