| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE (NON-ALLOC | 734 | 734 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 92826C839 VISA INC-CLASS A SHR | AT COST | 5,067 | 16,360 |
| 262028855 DRIEHAUS ACTIVE INCO | AT COST | 21,809 | 20,285 |
| 64110L106 NETFLIX.COM INC | AT COST | 6,177 | 11,224 |
| 67103H107 O'REILLY AUTOMOTIVE | AT COST | 3,922 | 4,862 |
| 983793100 XPO LOGISTICS INC | AT COST | 4,337 | 8,563 |
| 893641100 TRANSDIGM GROUP INC | AT COST | 4,512 | 7,446 |
| G50871105 JAZZ PHARMACEUTICALS | AT COST | 5,683 | 9,752 |
| 45866F104 INTERCONTINENTALEXCH | AT COST | 1,110 | 6,291 |
| 235851102 DANAHER CORP | AT COST | 2,535 | 8,041 |
| 256210105 DODGE & COX INCOME F | AT COST | 31,000 | 30,401 |
| 92532F100 VERTEX PHARMACEUTICA | AT COST | 6,691 | 7,710 |
| 61174X109 MONSTER BEVERAGE COR | AT COST | 1,919 | 6,877 |
| 34959J108 FORTIVE CORP | AT COST | 4,516 | 7,915 |
| 252131107 DEXCOM INC | AT COST | 4,762 | 4,720 |
| 34964C106 FORTUNE BRANDS HOME | AT COST | 3,976 | 6,388 |
| 921937819 VANGUARD INTERMEDIAT | AT COST | 59,454 | 56,336 |
| 023135106 AMAZON COM INC | AT COST | 2,438 | 32,048 |
| 518439104 ESTEE LAUDER COMPANI | AT COST | 1,987 | 5,813 |
| 693506107 PPG INDUSTRIES INC | AT COST | 4,049 | 4,365 |
| 892356106 TRACTOR SUPPLY CO CO | AT COST | 827 | 8,634 |
| 015351109 ALEXION PHARMACEUTIC | AT COST | 5,927 | 7,646 |
| 09857L108 BOOKING HOLDINGS INC | AT COST | 2,351 | 9,920 |
| 21036P108 CONSTELLATION BRANDS | AT COST | 4,367 | 8,840 |
| 15135B101 CENTENE CORP DEL | AT COST | 4,896 | 11,582 |
| 596278101 MIDDLEBY CORP | AT COST | 6,679 | 7,244 |
| 831865209 SMITH A O CORP CL B | AT COST | 5,585 | 5,497 |
| 437076102 HOME DEPOT INC | AT COST | 3,990 | 12,843 |
| 589509207 MERGER FUND-INST #30 | AT COST | 8,907 | 9,489 |
| 101137107 BOSTON SCIENTIFIC CO | AT COST | 6,086 | 13,090 |
| 981558109 WORLDPAY INC | AT COST | 4,747 | 8,912 |
| 464287648 ISHARES RUSSELL 2000 | AT COST | 20,855 | 32,262 |
| 464287465 ISHARES MSCI EAFE | AT COST | 43,550 | 67,990 |
| 02079K107 ALPHABET INC/CA | AT COST | 6,120 | 19,096 |
| 722005220 PIMCO FOREIGN BOND ( | AT COST | 19,724 | 17,879 |
| 79466L302 SALESFORCE COM INC | AT COST | 4,508 | 12,563 |
| 949917579 WF ADV GOVT SECURITI | AT COST | 33,363 | 32,649 |
| 697435105 PALO ALTO NETWORKS I | AT COST | 3,955 | 6,082 |
| 36202XK55 GNMA POOL 612416 4.5 | AT COST | 65 | 64 |
| 73278L105 POOL CORPORATION | AT COST | 5,578 | 6,341 |
| 22544R305 CREDIT SUISSE COMM R | AT COST | 11,000 | 8,567 |
| 36209JQG9 GNMA POOL 473055 6.5 | AT COST | 256 | 278 |
| 922908645 VANGUARD MID CAP IND | AT COST | 4,382 | 17,053 |
| 90385D107 ULTIMATE SOFTWARE GR | AT COST | 6,101 | 9,344 |
| 78409V104 S&P GLOBAL INC | AT COST | 3,215 | 7,034 |
| 00203H859 AQR MANAGED FUTURES | AT COST | 15,000 | 13,069 |
| 037833100 APPLE COMPUTER INC C | AT COST | 1,839 | 29,346 |
| 254687106 WALT DISNEY CO | AT COST | 6,640 | 7,484 |
| 617446448 MORGAN STANLEY | AT COST | 6,072 | 5,402 |
| 191216100 COCA COLA CO | AT COST | 7,037 | 7,206 |
| 11135F101 BROADCOM INC | AT COST | 16,122 | 17,518 |
| 46138B103 INVESCO DB COMMODITY | AT COST | 16,432 | 17,952 |
| 69354M108 PRA HEALTH SCIENCES | AT COST | 6,582 | 7,934 |
| 003021714 ABERDEEN EMERG MARKE | AT COST | 20,000 | 19,340 |
| 63872T885 ASG GLOBAL ALTERNATI | AT COST | 16,573 | 16,602 |
| 922042858 VANGUARD EMERGING MA | AT COST | 27,007 | 26,035 |
| 20605P101 CONCHO RESOURCES INC | AT COST | 4,363 | 6,874 |
| 016255101 ALIGN TECHNOLOGY INC | AT COST | 1,375 | 8,607 |
| G1151C101 ACCENTURE PLC | AT COST | 1,547 | 7,148 |
| 02079K305 ALPHABET INC/CA | AT COST | 2,057 | 8,450 |
| G66721104 NORWEGIAN CRUISE LIN | AT COST | 7,246 | 8,327 |
| 78463X863 SPDR DJ WILSHIRE INT | AT COST | 24,288 | 22,950 |
| 74925K581 ROBECO BP LNG/SHRT R | AT COST | 28,000 | 32,206 |
| 278865100 ECOLAB INC | AT COST | 1,114 | 5,331 |
| 594918104 MICROSOFT CORP | AT COST | 9,494 | 25,962 |
| 315920702 FID ADV EMER MKTS IN | AT COST | 37,713 | 39,071 |
| G0177J108 ALLERGAN PLC | AT COST | 9,112 | 7,048 |
| 922908553 VANGUARD REIT VIPER | AT COST | 13,224 | 35,015 |
| 4812C0803 JPMORGAN HIGH YIELD | AT COST | 45,000 | 40,413 |
| 30303M102 FACEBOOK INC | AT COST | 6,574 | 20,722 |
| 92927K102 WABCO HOLDINGS INC | AT COST | 6,399 | 6,958 |
| 90384S303 ULTA SALON COSMETICS | AT COST | 7,012 | 8,181 |
| Description | Amount |
|---|---|
| MUTUAL FUND TIMING DIFFERENCE | 339 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXP FROM PASSTHROUGH ACTIVITY | 126 | 126 | 0 | |
| MN STATE INCOME TAXES | 25 | 0 | 25 | |
| INVESTMENT EXPENSES | 1 | 1 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INTEREST INC FROM PASSTHROUGH | 103 | 103 | |
| DIVIDEND INC FROM PASSTHROUGH | 19 | 19 | |
| CAPITAL GAIN PASSTHROUGH ACTIVITY | 436 | 436 | |
| OTHER INC PASSTHROUGH ACTIVITY | 255 | 255 |
| Description | Amount |
|---|---|
| R0UNDING | 1 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 156 | 156 | 0 | |
| FEDERAL TAX PAYMENT - PRIOR YE | 446 | 0 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 593 | 0 | 0 | |
| FOREIGN TAXES ON QUALIFIED FOR | 24 | 24 | 0 | |
| FOREIGN TAXES ON NONQUALIFIED | 49 | 49 | 0 |