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
ACCELRYS INC COM 00430U103 4,573 464,700 SH   SOLE   464,700 0 0
ADOBE SYSTEMS COM 00724F101 291 5,600 SH   SOLE   5,600 0 0
ARGAN INC. COM 04010E112 13,994 636,950 SH   SOLE   636,950 0 0
ALKERMES PLC COM G01767105 427 12,700 SH   SOLE   12,700 0 0
ANADARKO PETROLEUM CORPORATI N COM 032511107 656 7,054 SH   SOLE   7,054 0 0
ASML HOLDING NV - NY REG SHS ( COM N07059210 1,136 11,502 SH   SOLE   11,502 0 0
ANTARES PHARMA INC. COM 036642106 729 179,500 SH   SOLE   179,500 0 0
AMERICAN VANGUARD CORPORATIO COM 030371108 7,169 266,308 SH   SOLE   266,308 0 0
BALCHEM CORP COM 057665200 7,360 142,222 SH   SOLE   142,222 0 0
BLACK DIAMOND INC. COM 09202G101 22,468 1,847,663 SH   SOLE   1,847,663 0 0
POWERSHARES SENIOR LOAN PORT O COM 73936Q769 768 31,131 SH   SOLE   31,131 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 543 11,723 SH   SOLE   11,723 0 0
BERKSHIRE HATHAWAY A COM 084670108 3,749 22 SH   SOLE   22 0 0
BERKSHIRE HATHAWAY B COM 084670207 1,911 16,835 SH   SOLE   16,835 0 0
BROWN & BROWN INC COM 115236101 6,353 197,920 SH   SOLE   197,920 0 0
CELGENE CORPORATION COM 151020104 1,526 9,900 SH   SOLE   9,900 0 0
CEVA, INC. COM 157210105 229 13,300 SH   SOLE   13,300 0 0
CARLYLE GROUP COM 14309L102 732 28,450 SH   SOLE   28,450 0 0
CORE LABORATORIES NV COM N22717107 6,124 36,190 SH   SOLE   36,190 0 0
CANTEL MEDICAL CORP COM 138098108 276 8,650 SH   SOLE   8,650 0 0
CONCUR TECHNOLOGIES, INC. COM 206708109 5,142 46,530 SH   SOLE   46,530 0 0
COOPER COMPANIES, INC COM 216648402 7,844 60,485 SH   SOLE   60,485 0 0
COPART INC COM 217204106 10,128 318,588 SH   SOLE   318,588 0 0
CARBO CERAMICS INC. COM 140781105 2,754 27,787 SH   SOLE   27,787 0 0
COSTAR GROUP INC COM 22160N109 8,535 50,830 SH   SOLE   50,830 0 0
CVS/CAREMARK CORPORATION COM 126650100 284 5,000 SH   SOLE   5,000 0 0
CHEVRON CORPORATION COM 166764100 397 3,270 SH   SOLE   3,270 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 637 10,873 SH   SOLE   10,873 0 0
WISDOM TREE EMERGING MARKETS E COM 97717W315 9,731 188,252 SH   SOLE   188,252 0 0
DAILY JOURNAL CORP COM 233912104 3,838 26,111 SH   SOLE   26,111 0 0
DORMAN PRODUCTS INC. COM 258278100 6,722 135,664 SH   SOLE   135,664 0 0
ISHARES SELECT DIVIDEND ETF COM 464287168 1,124 16,948 SH   SOLE   16,948 0 0
ISHARES MSCI EAFE INDEX FUND COM 464287465 754 11,811 SH   SOLE   11,811 0 0
ISHARES TR MSCI EAFE GROWTH N COM 464288885 11,690 171,584 SH   SOLE   171,584 0 0
ELECTRONICS FOR IMAGING, INC COM 286082102 11,234 354,600 SH   SOLE   354,600 0 0
ISHARES MSCI EAFE VALUE ETF COM 464288877 12,740 234,139 SH   SOLE   234,139 0 0
ELLIE MAE INC COM 28849P100 2,140 66,850 SH   SOLE   66,850 0 0
ENVESTNET INC COM 29404K106 3,870 124,850 SH   SOLE   124,850 0 0
BOTTOMLINE TECHNOLOGIES COM 101388106 5,065 181,685 SH   SOLE   181,685 0 0
EPIQ SYSTEMS INC COM 26882D109 2,466 186,950 SH   SOLE   186,950 0 0
EQUINIX INC COM 29444U502 595 3,239 SH   SOLE   3,239 0 0
EXPEDITORS INTL COM 302130109 978 22,200 SH   SOLE   22,200 0 0
FEI COMPANY COM 30241L109 4,513 51,400 SH   SOLE   51,400 0 0
FRANCO-NEVADA CORP COM 351858105 3,674 81,174 SH   SOLE   81,174 0 0
GENERAL ELECTRIC COMPANY COM 369604103 433 18,113 SH   SOLE   18,113 0 0
GEOSPACE TECHNOLOGIES CORP COM 37364X109 2,208 26,200 SH   SOLE   26,200 0 0
GENERAL MILLS INC COM 370334104 1,360 28,374 SH   SOLE   28,374 0 0
GOOGLE INC. CLASS A COM 38259P508 403 460 SH   SOLE   460 0 0
GLOBAL X FTSE COLOMBIA 20 COM 37950E200 4,651 228,782 SH   SOLE   228,782 0 0
HALLIBURTON CO COM 406216101 205 4,263 SH   SOLE   4,263 0 0
HEALTHCARE SERVICES GROUP COM 421906108 10,843 420,943 SH   SOLE   420,943 0 0
HERCULES TECHNOLOGY GROWTH C P COM 427096508 7,231 474,144 SH   SOLE   474,144 0 0
IAC/INTERACTIVE CORPORATION COM 44919P508 2,209 40,400 SH   SOLE   40,400 0 0
INTERNATIONAL BUSINESS MACHI E COM 459200101 1,137 6,141 SH   SOLE   6,141 0 0
IHS INC. COM 451734107 12,424 108,811 SH   SOLE   108,811 0 0
INCYTE CORP COM 45337C102 8,773 229,960 SH   SOLE   229,960 0 0
ISHARES S&P 500 VALUE ETF COM 464287408 3,805 48,589 SH   SOLE   48,589 0 0
ISHARES S&P 500 GROWTH ETF COM 464287309 1,960 21,934 SH   SOLE   21,934 0 0
JOHNSON & JOHNSON COM 478160104 264 3,043 SH   SOLE   3,043 0 0
KELLOGG CO COM 487836108 268 4,565 SH   SOLE   4,565 0 0
KINDER MORGAN HOLDCO LLC COM 49456B101 2,782 78,200 SH   SOLE   78,200 0 0
KINDER MORGAN ENERGY PRTNRS COM 494550106 4,447 55,700 SH   SOLE   55,700 0 0
KINDER MORGAN MANAGEMENT COM 49455U100 4,414 58,879 SH   SOLE   58,879 0 0
COCA-COLA CO COM 191216100 898 23,707 SH   SOLE   23,707 0 0
LITTELFUSE INC COM 537008104 3,102 39,660 SH   SOLE   39,660 0 0
LIGAND PHARMACEUTICALS - CL COM 53220K504 9,734 224,904 SH   SOLE   224,904 0 0
LKQ CORP COM 501889208 9,618 301,780 SH   SOLE   301,780 0 0
LIFELOCK, INC. COM 53224V100 12,327 831,199 SH   SOLE   831,199 0 0
LIQUIDITY SERVICES COM 53635B107 8,949 267,135 SH   SOLE   267,135 0 0
REMARK MEDIA INC. COM 75954W107 1,067 282,894 SH   SOLE   282,894 0 0
MONDELEZ INTERNATIONAL INC. COM 609207105 361 11,490 SH   SOLE   11,490 0 0
MEDIDATA SOLUTIONS INC COM 58471A105 3,463 35,000 SH   SOLE   35,000 0 0
MEASUREMENT SPECIALTIES, INC COM 583421102 727 13,400 SH   SOLE   13,400 0 0
MARKETAXESS HOLDINGS INC COM 57060D108 7,516 125,370 SH   SOLE   125,370 0 0
3M CO COM 88579Y101 593 4,962 SH   SOLE   4,962 0 0
ALTRIA GROUP INC COM 02209S103 1,159 33,751 SH   SOLE   33,751 0 0
MOVADO GROUP INC. COM 624580106 3,297 75,350 SH   SOLE   75,350 0 0
ISHARES S&P NAT AMT-FREE MUN COM 464288414 2,775 26,555 SH   SOLE   26,555 0 0
MAXIM INTEGRATED COM 57772K101 510 17,100 SH   SOLE   17,100 0 0
NATIONAL AMERICAN UNIVERSITY H COM 63245Q105 1,533 446,899 SH   SOLE   446,899 0 0
NATIONAL AMERICAN UNIVERSITY H COM 63245Q105 469 152,000 SH   SOLE   152,000 0 0
NEW MOUNTAIN FINANCE CORP COM 647551100 9,767 677,770 SH   SOLE   677,770 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,014 13,112 SH   SOLE   13,112 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 901 48,250 SH   SOLE   48,250 0 0
ONYX PHARMACEUTICALS INC. COM 683399109 3,186 25,550 SH   SOLE   25,550 0 0
ORASURE TECHNOLOGIES INC. COM 68554V108 5,048 839,900 SH   SOLE   839,900 0 0
PEPSICO INC COM 713448108 1,952 24,552 SH   SOLE   24,552 0 0
PFIZER INC COM 717081103 211 7,358 SH   SOLE   7,358 0 0
PHILIP MORRIS INTERNATIONAL COM 718172109 292 3,373 SH   SOLE   3,373 0 0
POPE RESOURCES LTD - LP COM 732857107 641 9,470 SH   SOLE   9,470 0 0
PPG INDUSTRIES INC COM 693506107 1,162 6,953 SH   SOLE   6,953 0 0
PROS HOLDINGS INC. COM 74346Y103 8,028 234,800 SH   SOLE   234,800 0 0
POWERSHARES INS NATL MUN BND COM 73936T474 3,103 134,513 SH   SOLE   134,513 0 0
RED HAT INC COM 756577102 392 8,500 SH   SOLE   8,500 0 0
ROPER INDUSTRIES, INC COM 776696106 2,659 20,010 SH   SOLE   20,010 0 0
PROSHARES SHORT RUSSELL2000 COM 74347R826 185 10,000 SH   SOLE   10,000 0 0
SAEXPLORATION HOLDINGS, INC. COM 78636X105 95 10,000 SH   SOLE   10,000 0 0
SEACHANGE INT`L INC. COM 811699107 8,580 748,050 SH   SOLE   748,050 0 0
SIGMA-ALDRICH CORPORATION COM 826552101 307 3,600 SH   SOLE   3,600 0 0
SVB FINANCIAL GROUP COM 78486Q101 10,663 123,456 SH   SOLE   123,456 0 0
SILVER WHEATON CORP COM 828336107 3,280 132,420 SH   SOLE   132,420 0 0
INVENTURE FOODS, INC. COM 461212102 4,382 417,291 SH   SOLE   417,291 0 0
SANTARUS INC. COM 802817304 10,326 457,100 SH   SOLE   457,100 0 0
SANOFI (ADR) COM 80105N105 866 17,110 SH   SOLE   17,110 0 0
SPS COMMERCE INC COM 78463M107 368 5,500 SH   SOLE   5,500 0 0
SPDR S&P 500 ETF TRUST COM 78462F103 7,060 42,024 SH   SOLE   42,024 0 0
SCIQUEST INC COM 80908T101 870 38,750 SH   SOLE   38,750 0 0
STERICYCLE INC COM 858912108 735 6,370 SH   SOLE   6,370 0 0
STAMPS.COM INC. COM 852857200 7,487 163,000 SH   SOLE   163,000 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 1,075 43,274 SH   SOLE   43,274 0 0
SYSCO CORPORATION COM 871829107 1,060 33,304 SH   SOLE   33,304 0 0
AT&T COM 00206R102 297 8,770 SH   SOLE   8,770 0 0
TASER INT`L INC. COM 87651B104 12,440 836,000 SH   SOLE   836,000 0 0
TILE SHOP HOLDINGS INC COM 88677Q109 1,822 61,800 SH   SOLE   61,800 0 0
TUMI HOLDINGS, INC COM 89969Q104 3,224 160,000 SH   SOLE   160,000 0 0
TYLER TECHNOLOGIES, INC COM 902252105 1,763 20,150 SH   SOLE   20,150 0 0
CVR PARTNERS LP COM 126633106 354 20,000 SH   SOLE   20,000 0 0
UDR INC. COM 902653104 383 16,147 SH   SOLE   16,147 0 0
UNION PACIFIC CORP COM 907818108 3,249 20,916 SH   SOLE   20,916 0 0
VICOR CORP COM 925815102 123 15,000 SH   SOLE   15,000 0 0
VANGUARD REIT ETF COM 922908553 2,095 31,679 SH   SOLE   31,679 0 0
VIASAT INC. COM 92552V100 4,948 77,750 SH   SOLE   77,750 0 0
VANGUARD EXTENDED MARKET ETF COM 922908652 6,916 89,672 SH   SOLE   89,672 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 316 6,770 SH   SOLE   6,770 0 0
WAGEWORKS INC. COM 930427109 9,442 187,150 SH   SOLE   187,150 0 0
WISCONSIN ENERGY CORP COM 976657106 1,134 28,084 SH   SOLE   28,084 0 0
WESTERN UNION COM 959802109 262 14,035 SH   SOLE   14,035 0 0
EXXON MOBIL CORP COM 30231G102 4,043 46,985 SH   SOLE   46,985 0 0
IPATH S&P 500 DYNAMIC VIX ET COM 06741L609 3,910 100,757 SH   SOLE   100,757 0 0
YORKVILLE HIGH INCOME MLP COM 301505103 14,250 780,807 SH   SOLE   780,807 0 0