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
AbbVie Inc. COM 002874Y10 1,360 25,000 SH   SOLE   25,000 0 0
Abbott Laboratories COM 002824100 1,005 25,000 SH   SOLE   25,000 0 0
Alphabet Inc. Class A COM 02079K305 7,286 11,414 SH   SOLE   11,414 0 0
Alphabet Inc. Class C COM 02079K107 1,746 2,870 SH   SOLE   2,870 0 0
Amazon.com Inc. COM 023135106 25,832 50,464 SH   SOLE   50,464 0 0
Apple Computer COM 037833100 927 8,400 SH   SOLE   8,400 0 0
Automatic Data Processing, Inc COM 053015103 555 6,911 SH   SOLE   6,911 0 0
Berk. Hath. Class B COM 084670207 2,939 22,537 SH   SOLE   22,537 0 0
Demandware COM 24802Y105 8,290 160,412 SH   SOLE   160,412 0 0
EMC Corporation COM 268648102 966 40,000 SH   SOLE   40,000 0 0
EOG Resources Inc. COM 293562104 512 7,035 SH   SOLE   7,035 0 0
Etsy, Inc. COM 29786A106 46,200 3,374,741 SH   SOLE   3,374,741 0 0
Facebook, Inc. COM 30303M102 24,873 276,670 SH   SOLE   276,670 0 0
Financial Engines, Inc. COM 317485100 797 27,050 SH   SOLE   27,050 0 0
General Electric COM 369604103 1,413 56,016 SH   SOLE   56,016 0 0
General Mills COM 370334104 1,497 26,672 SH   SOLE   26,672 0 0
Guidewire Software, Inc. COM 40171V100 891 16,940 SH   SOLE   16,940 0 0
Halliburton Co. COM 406216101 824 23,300 SH   SOLE   23,300 0 0
Intel COM 458140100 1,507 50,000 SH   SOLE   50,000 0 0
Intuit, Inc. COM 461202103 444 5,000 SH   SOLE   5,000 0 0
Johnson & Johnson COM 478160104 1,627 17,428 SH   SOLE   17,428 0 0
Laredo Petroleum, Inc. COM 516806106 94 10,000 SH   SOLE   10,000 0 0
Liberty Global Inc COM 530555101 217 5,300 SH   SOLE   5,300 0 0
Linear Technology COM 535678106 1,735 43,001 SH   SOLE   43,001 0 0
Linkedin Corp COM 53578A108 21,161 111,295 SH   SOLE   111,295 0 0
Mercadolibre, Inc. COM 58733R102 12,707 139,550 SH   SOLE   139,550 0 0
Merck COM 589331107 1,139 23,068 SH   SOLE   23,068 0 0
Minnesota Mining COM 604059105 567 4,000 SH   SOLE   4,000 0 0
NetSuite Inc. COM 64118Q107 16,387 195,312 SH   SOLE   195,312 0 0
Nike, Inc COM 654106103 320 2,600 SH   SOLE   2,600 0 0
Nimble Storage Inc. COM 65440R101 18,817 780,155 SH   SOLE   780,155 0 0
Oasis Petroleum COM 674215108 95 11,000 SH   SOLE   11,000 0 0
Palo Alto Networks, Inc. COM 697435105 5,539 32,203 SH   SOLE   32,203 0 0
Qualcomm Inc COM 747525103 473 8,800 SH   SOLE   8,800 0 0
Salesforce.com Inc. COM 79466L302 15,243 219,538 SH   SOLE   219,538 0 0
Schlumberger Ltd. COM 806857108 1,104 16,000 SH   SOLE   16,000 0 0
Schwab Charles Corp COM 808513105 286 10,000 SH   SOLE   10,000 0 0
ServiceNow, Inc. COM 81762P102 7,041 101,381 SH   SOLE   101,381 0 0
Splunk, Inc. COM 848637104 5,834 105,405 SH   SOLE   105,405 0 0
Suncor Energy COM 867224107 602 22,525 SH   SOLE   22,525 0 0
Target CP COM 239753106 1,034 13,140 SH   SOLE   13,140 0 0
Veeva Systems COM 922475108 5,395 230,470 SH   SOLE   230,470 0 0
Violin Memory, Inc COM 92763A101 673 487,999 SH   SOLE   487,999 0 0
Visa, Inc. COM 92826C839 1,393 20,000 SH   SOLE   20,000 0 0
Wells Fargo Bank COM 949746101 579 11,270 SH   SOLE   11,270 0 0
Workday, Inc. COM 98138H101 24,437 354,874 SH   SOLE   354,874 0 0
Xactly Corp COM 98386L101 3,638 466,412 SH   SOLE   466,412 0 0
Yelp, Inc. COM 985817105 8,433 389,352 SH   SOLE   389,352 0 0
YuMe, Inc COM 98872B104 1,799 694,642 SH   SOLE   694,642 0 0
Zillow Group, Inc Class A COM 98954M101 4,976 173,205 SH   SOLE   173,205 0 0
Zillow Group, Inc Class C COM 98954M200 9,353 346,410 SH   SOLE   346,410 0 0