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
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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 1,428 25,000 SH   SOLE   25,000 0 0
Abbott Laboratories COM 002824100 1,221 29,200 SH   SOLE   29,200 0 0
Alphabet Inc. Class A COM 02079K305 8,708 11,414 SH   SOLE   11,414 0 0
Alphabet Inc. Class C COM 02079K107 2,835 3,806 SH   SOLE   3,806 0 0
Amazon.com Inc. COM 023135106 23,520 39,620 SH   SOLE   39,620 0 0
Apple Computer COM 037833100 1,064 9,760 SH   SOLE   9,760 0 0
Atlassian Corporation COM G06242104 2,054 81,683 SH   SOLE   81,683 0 0
Automatic Data Processing, Inc COM 053015103 721 8,041 SH   SOLE   8,041 0 0
Berk. Hath. Class B COM 084670207 2,585 18,217 SH   SOLE   18,217 0 0
EOG Resources Inc. COM 293562104 736 10,140 SH   SOLE   10,140 0 0
Eli Lilly & Co. COM 532457108 711 9,880 SH   SOLE   9,880 0 0
Etsy, Inc. COM 29786A106 30,792 3,539,261 SH   SOLE   3,539,261 0 0
Facebook, Inc. COM 30303M102 23,953 209,930 SH   SOLE   209,930 0 0
Financial Engines, Inc. COM 317485100 717 22,800 SH   SOLE   22,800 0 0
General Electric COM 369604103 1,781 56,016 SH   SOLE   56,016 0 0
General Mills COM 370334104 1,690 26,672 SH   SOLE   26,672 0 0
Guidewire Software, Inc. COM 40171V100 923 16,940 SH   SOLE   16,940 0 0
Halliburton Co. COM 406216101 817 22,885 SH   SOLE   22,885 0 0
Intel COM 458140100 1,617 50,000 SH   SOLE   50,000 0 0
Intuit, Inc. COM 461202103 520 5,000 SH   SOLE   5,000 0 0
Johnson & Johnson COM 478160104 1,886 17,428 SH   SOLE   17,428 0 0
Linear Technology COM 535678106 1,782 40,000 SH   SOLE   40,000 0 0
Linkedin Corp COM 53578A108 11,580 101,267 SH   SOLE   101,267 0 0
Mercadolibre, Inc. COM 58733R102 13,975 118,585 SH   SOLE   118,585 0 0
Merck COM 589331107 1,221 23,068 SH   SOLE   23,068 0 0
Minnesota Mining COM 604059105 667 4,000 SH   SOLE   4,000 0 0
NetSuite Inc. COM 64118Q107 13,026 190,192 SH   SOLE   190,192 0 0
Netflix COM 64110L106 10,632 103,997 SH   SOLE   103,997 0 0
Nike, Inc COM 654106103 200 3,255 SH   SOLE   3,255 0 0
Nimble Storage Inc. COM 65440R101 3,716 473,917 SH   SOLE   473,917 0 0
Palo Alto Networks, Inc. COM 697435105 8,544 52,373 SH   SOLE   52,373 0 0
Proofpoint COM 743424103 2,614 48,601 SH   SOLE   48,601 0 0
Pure Storage, Inc. COM 74624M102 30,972 2,262,355 SH   SOLE   2,262,355 0 0
Qualcomm Inc COM 747525103 358 7,000 SH   SOLE   7,000 0 0
Royal Dutch Shell PLC COM 780259206 631 13,015 SH   SOLE   13,015 0 0
Salesforce.com Inc. COM 79466L302 20,437 276,808 SH   SOLE   276,808 0 0
Schlumberger Ltd. COM 806857108 1,180 16,000 SH   SOLE   16,000 0 0
ServiceNow, Inc. COM 81762P102 10,783 176,256 SH   SOLE   176,256 0 0
Splunk, Inc. COM 848637104 13,705 280,094 SH   SOLE   280,094 0 0
Suncor Energy COM 867224107 721 25,915 SH   SOLE   25,915 0 0
Target CP COM 239753106 1,081 13,140 SH   SOLE   13,140 0 0
Veeva Systems COM 922475108 4,796 191,515 SH   SOLE   191,515 0 0
Visa, Inc. COM 92826C839 1,745 22,815 SH   SOLE   22,815 0 0
Wells Fargo Bank COM 949746101 1,129 23,340 SH   SOLE   23,340 0 0
Workday, Inc. COM 98138H101 23,651 307,789 SH   SOLE   307,789 0 0
Xactly Corp COM 98386L101 3,195 466,412 SH   SOLE   466,412 0 0
Zendesk, Inc COM 98936J101 3,443 164,520 SH   SOLE   164,520 0 0
Zillow Group, Inc Class A COM 98954M101 3,138 122,805 SH   SOLE   122,805 0 0
Zillow Group, Inc Class C COM 98954M200 8,174 344,455 SH   SOLE   344,455 0 0