GANNETT WELSH & KOTLER Information

222 BERKELEY ST SUITE 1500, BOSTON, Massachusetts, 02116, (617) 236-8900

Report Date: 03/31/2015

Position Statistics

Total Positions 234
New Positions 19
Increased Positions 154
Decreased Positions 79
Positions with Activity 233
Sold Out Positions 13
Total Mkt Value (in $ millions) 4,398

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 6.99%
Capital Goods 6.17%
Conglomerates 0.04%
Consumer Cyclical 4.7%
Consumer/Non-Cyclical 3.46%
Energy 4.65%
Financial 16.81%
Healthcare 9.36%
Services 20.71%
Technology 19.87%
Transportation 3.31%
Utilities 3.15%

234 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
TYLER TECHNOLOGIES INC COM 83,053 -300 (0.36) 664,955
MARKETAXESS HLDGS INC COM 78,744 -7,641 (8.85) 882,479
COGNEX CORP COM 69,945 1,881 2.76 1,405,087
WEST PHARMACEUTICAL SVSC INC COM 64,527 -517 (0.8) 1,162,853
GRAND CANYON ED INC COM 62,824 5,854 10.28 1,465,444
CEB INC COM 62,693 -274 (0.44) 742,543
AMERICAN CAMPUS CMNTYS INC COM 60,179 -2,192 (3.52) 1,530,096
BLACKBAUD INC COM 58,418 -331 (0.56) 1,126,455
ICU MED INC COM 56,082 -46 (0.08) 578,942
NATIONAL HEALTH INVS INC COM 56,055 1,424 2.61 840,652
TEXAS ROADHOUSE INC COM 53,946 -820 (1.5) 1,525,195
FEI CO COM 52,129 -707 (1.34) 639,623
RITCHIE BROS AUCTIONEERS COM 51,324 260 .51 1,786,408
TORO CO COM 51,258 1 .00 734,677
RYLAND GROUP INC COM 50,821 -88 (0.17) 1,200,593
GLACIER BANCORP INC NEW COM 50,733 -126 (0.25) 1,795,209
STIFEL FINL CORP COM 48,556 -551 (1.12) 904,033
LITHIA MTRS INC CL A 47,728 47,728 New 445,180
ASPEN TECHNOLOGY INC COM 47,434 44,100 1,322.88 1,086,442
CLECO CORP NEW COM 46,427 -2,591 (5.29) 850,939