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 208 1,000 SH   SOLE   1,000 0 0
A.O. SMITH CORP. COM 831865209 789 14,000 SH   SOLE   14,000 0 0
ACCENTURE PLC COM G1151C101 235 1,900 SH   SOLE   1,900 0 0
ADOBE SYSTEMS INC. COM 00724F101 1,924 13,600 SH   SOLE   13,600 0 0
AIR PRODUCTS & CHEMICALS INC. COM 009158106 429 3,000 SH   SOLE   3,000 0 0
ALIBABA GROUP HOLDING COM 01609W102 7,707 54,700 SH   SOLE   54,700 0 0
ALPHABET INC., CLASS-A COM 02079K305 22,429 24,126 SH   SOLE   24,126 0 0
ALPHABET INC., CLASS-C COM 02079K107 23,860 26,256 SH   SOLE   26,256 0 0
AMAZON.COM INC. COM 023135106 42,805 44,220 SH   SOLE   44,220 0 0
AMERICAN EXPRESS CO. COM 025816109 320 3,800 SH   SOLE   3,800 0 0
APPLIED MATERIALS INC. COM 038222105 2,272 55,000 SH   SOLE   55,000 0 0
APTARGROUP, INC. COM 038336103 914 10,520 SH   SOLE   10,520 0 0
BERKSHIRE HATHAWAY INC. CL. B COM 084670702 449 2,650 SH   SOLE   2,650 0 0
BOEING CO. COM 097023105 395 2,000 SH   SOLE   2,000 0 0
BOSTON PROPERTIES, INC. COM 101121101 812 6,600 SH   SOLE   6,600 0 0
BUCKEYE PARTNERS LP COM 118230101 448 7,000 SH   SOLE   7,000 0 0
CALAMP CORP. COM 128126109 1,484 73,000 SH   SOLE   73,000 0 0
CARNIVAL CORP. (PAIRED CTF.) COM 143658300 8,853 135,018 SH   SOLE   135,018 0 0
CATASYS INC. (New) COM 149049504 91 20,000 SH   SOLE   20,000 0 0
CELGENE CORP. COM 151020104 27,283 210,080 SH   SOLE   210,080 0 0
CHECK POINT SOFTWARE COM M22465104 398 3,650 SH   SOLE   3,650 0 0
CHEVRON CORPORATION COM 166764100 396 3,800 SH   SOLE   3,800 0 0
COHERENT INC. COM 192479103 53,030 235,700 SH   SOLE   235,700 0 0
CVS HEALTH CORPORATION COM 126650100 330 4,100 SH   SOLE   4,100 0 0
DELPHI AUTOMOTIVE COM G27823106 26,047 297,170 SH   SOLE   297,170 0 0
EATON CORPORATION PLC COM G29183103 1,105 14,200 SH   SOLE   14,200 0 0
ENTERPRISE PRODUCTS PARTNERS COM 293792107 216 7,984 SH   SOLE   7,984 0 0
EXXON MOBIL CORPORATION COM 30231G102 752 9,312 SH   SOLE   9,312 0 0
FACEBOOK INC. CL A COM 30303M102 64,114 424,650 SH   SOLE   424,650 0 0
FEDEX CORPORATION COM 31428X106 25,579 117,698 SH   SOLE   117,698 0 0
FISERV INC. COM 337738108 16,606 135,740 SH   SOLE   135,740 0 0
GENERAL ELECTRIC CO. COM 369604103 284 10,500 SH   SOLE   10,500 0 0
GENTHERM COM 37253A103 388 10,000 SH   SOLE   10,000 0 0
HOME DEPOT INC. COM 437076102 28,686 187,000 SH   SOLE   187,000 0 0
HUDSON TECHNOLOGIES COM 444144109 169 20,000 SH   SOLE   20,000 0 0
IAC/INTERACTIVECORP CORP COM 44919P508 1,146 11,100 SH   SOLE   11,100 0 0
ILLINOIS TOOL WORKS COM 452308109 3,295 23,000 SH   SOLE   23,000 0 0
INTUITIVE SURGICAL INC. COM 46120E602 1,216 1,300 SH   SOLE   1,300 0 0
JACK HENRY & ASSOCIATES INC. COM 426281101 312 3,000 SH   SOLE   3,000 0 0
JOHNSON & JOHNSON INC. COM 478160104 642 4,850 SH   SOLE   4,850 0 0
JPMORGAN CHASE & COMPANY COM 46625H100 594 6,504 SH   SOLE   6,504 0 0
K2M GROUP HOLDINGS COM 48273J107 901 37,000 SH   SOLE   37,000 0 0
LABORATORY CORP OF AMERICA COM 50540R409 21,840 141,690 SH   SOLE   141,690 0 0
LOWES COMPANIES INC. COM 548661107 726 9,370 SH   SOLE   9,370 0 0
MACQUARIE INFRASTRUCTURE COM 55608B105 1,670 21,300 SH   SOLE   21,300 0 0
MASTERCARD INC. COM 57636Q104 46,775 385,138 SH   SOLE   385,138 0 0
MB FINANCIAL INC. COM 55264U108 1,223 27,778 SH   SOLE   27,778 0 0
MICROSOFT CORP. COM 594918104 34,679 503,100 SH   SOLE   503,100 0 0
MIMEDX GROUP INC COM 602496101 3,668 245,000 SH   SOLE   245,000 0 0
MINERALS TECHNOLOGIES INC. COM 603158106 234 3,200 SH   SOLE   3,200 0 0
NESTLE S A ADR COM 641069406 383 4,400 SH   SOLE   4,400 0 0
NEXTERA ENERGY, INC. COM 65339F101 547 3,900 SH   SOLE   3,900 0 0
NOBLE ROMAN COM 655107100 28 60,000 SH   SOLE   60,000 0 0
NORTHERN TECHNOLOGIES INTL COR COM 665809109 546 35,000 SH   SOLE   35,000 0 0
NOVA MEASURING INSTRUMENTS COM M7516K103 486 22,000 SH   SOLE   22,000 0 0
NUMEREX CORP COM 67053A102 1,050 213,000 SH   SOLE   213,000 0 0
PARKER HANNIFIN CORP. COM 701094104 831 5,200 SH   SOLE   5,200 0 0
PPG INDUSTRIES COM 693506107 1,353 12,300 SH   SOLE   12,300 0 0
PRAXAIR, INC. COM 74005P104 676 5,100 SH   SOLE   5,100 0 0
PRIMO WATER CORPORATION COM 74165N105 1,016 80,000 SH   SOLE   80,000 0 0
PROGENICS PHARMACEUTICALS INC. COM 743187106 81 12,000 SH   SOLE   12,000 0 0
PROGRESSIVE CORP. COM 743315103 714 16,200 SH   SOLE   16,200 0 0
RUDOLPH TECHNOLOGIES COM 781270103 457 20,000 SH   SOLE   20,000 0 0
SAP AKTIENGESELLSCHAFT COM 803054204 21,279 203,300 SH   SOLE   203,300 0 0
SIRIUS XM HLDGS. INC. COM 82968B103 120 22,000 SH   SOLE   22,000 0 0
SQUARE INC. COM 852234103 2,463 105,000 SH   SOLE   105,000 0 0
STARBUCKS CORPORATION COM 855244109 420 7,200 SH   SOLE   7,200 0 0
TELADOC, INC. COM 87918A105 1,041 30,000 SH   SOLE   30,000 0 0
TENNANT COMPANY COM 880345103 2,288 31,000 SH   SOLE   31,000 0 0
THERMO FISHER SCIENTIFIC INC. COM 883556102 37,269 213,611 SH   SOLE   213,611 0 0
TIME WARNER NEW COM 887317303 301 3,000 SH   SOLE   3,000 0 0
ULTA BEAUTY, INC. COM 90384S303 38,468 133,875 SH   SOLE   133,875 0 0
UNION PACIFIC CORP. COM 907818108 817 7,500 SH   SOLE   7,500 0 0
UNITED CONTINENTAL HOLDINGS COM 910047109 28,106 373,500 SH   SOLE   373,500 0 0
UNIVERSAL DISPLAY CORP. COM 91347P105 1,857 17,000 SH   SOLE   17,000 0 0
VISA INC. COM 92826c839 5,805 61,900 SH   SOLE   61,900 0 0
VULCAN MATERIALS COM 929160109 8,614 68,000 SH   SOLE   68,000 0 0
WATERS CORP. COM 941848103 533 2,900 SH   SOLE   2,900 0 0
WHITESTONE REIT COM 966084204 1,151 94,000 SH   SOLE   94,000 0 0