Friday, October 10, 2014

San Francisco/Silicon Valley, Calif Area Company Stock Market Prices Up 476% Since March 6, 2009 and Whoa! 60 Technology IPOs Up 80% Under Obama

Since President Obama has been in the San Francisco/Silicon Valley Area both yesterday and today, I think it makes sense to research what has been going on with San Francisco/Silicon Valley Area Company stock market prices and Initial Public Offerings during the Obama Administration. 

I found 196 Companies Headquartered in the San Francisco Area in Google or Yahoo's superb Finance websites with current Total Stock Market Capitalizations of at least $100 mil and which also had their common stocks trading on each of the following three dates:
  • On December 31, 2007 during President Bush's second term.....before the 2008 financial meltdown
  • On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date October 10, 2014
I included in the 196 Companies 6 of them which were sold in 2014 and 1 of them which had its common stock first started trading in 2008.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 196 San Francisco/Silicon Valley Area Companies had their equally-company-weighted average stock market prices decline by a huge 54% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the five years and seven months since March 6, 2009 through October 10, 2014, the equally-company-weighted average stock market prices of these same 196 San Francisco/Silicon Valley Area Companies have increased by a spectacular 476%, especially spectacular since there has been a stock market collapse in the most recent two weeks, particularly so for smaller health care and technology stocks, which the San Francisco/Silicon Valley Area is flat out loaded with.
    
In addition, in the six years and nine months from December 31, 2007 before the 2008 financial meltdown to the most recent date October 10, 2014, the equally-company-weighted average stock market prices of these same 196 San Francisco/Silicon Valley Area Companies have increased by a very impressive 106%...... yeah, these San Francisco/Silicon Valley Area Companies have not just recouped what they lost with the 2008 financial meltdown, but also added another 106%.

This spectacular stock market price appreciation for these San Francisco/Silicon Valley Area Companies occurred when both California US Senators were Democrats, when the Democrats controlled the US Senate, when a substantial majority of California US House members were Democrats, when President Obama was in office and when there were very effective US Fed Chairpersons, including the exceptionally prescient, very likeable Janet Yellen.  

Below here are the stock market prices of each of these 196 San Francisco/Silicon Valley Area Companies on October 10, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:





Market Market Market





Price Price Price





% % %





Change Change Change


Market Market Market 3-6-09 12-31-07 12-31-07


Price Price Price to to to
California Company HQs 10-10-14 3-6-09 12-31-07 10-10-14 3-6-09 10-10-14


$s $s $s


San Francisco Bay and Silicon Valley Areas




…..Technology






Seagate Technology Cupertino           54.94             3.11           25.50 1667% -88% 115%
Sanmina San Jose           17.01             1.20           10.92 1318% -89% 56%
Pixelworks San Jose             5.15             0.37             2.28 1292% -84% 126%
iGATE Fremont           33.88             2.56             7.95 1223% -68% 326%
8x8 Inc San Jose             5.80             0.46             0.89 1161% -48% 552%
Nanometrics Milpitas           13.93             1.11             9.86 1155% -89% 41%
PDF Solutions San Jose           11.92             0.99             9.01 1104% -89% 32%
Netflix Los Gatos         452.08           38.18           26.62 1084% 43% 1598%
SanDisk Milpitas           86.07             7.79           33.17 1005% -77% 159%
NetSuite San Mateo           86.46             8.15           39.18 961% -79% 121%
eGain Sunnyvale             5.05             0.50             0.45 910% 11% 1022%
Glu Mobile San Francisco             4.24             0.46             5.22 822% -91% -19%
Saba Software Redwood Shores           13.40             1.51             5.14 787% -71% 161%
Integrated Silicon Solution Milpitas           11.56             1.38             6.62 738% -79% 75%
Apple Cupertino         100.73           12.19           28.30 727% -57% 256%
Ultra Clean Holdings Hayward             7.40             0.97           12.20 663% -92% -39%
Cepheid Sunnyvale           42.92             5.64             8.50 661% -34% 405%
VeriFone Systems San Jose           30.07             4.02           23.25 648% -83% 29%
Salesforce.com San Francisco           54.77             7.52           15.67 629% -52% 249%
Alliance Fiber Optic Products Sunnyvale           11.22             1.58             5.05 611% -69% 122%
Aruba Networks Sunnyvale           19.61             2.76           14.91 611% -81% 32%
Finisar Sunnyvale           14.53             2.24           11.60 549% -81% 25%
Fair Isaac San Jose           53.90           10.09           32.15 434% -69% 68%
Mattson Technology Fremont             2.15             0.42             8.56 412% -95% -75%
JDS Uniphase Milpitas           11.62             2.28           13.30 409% -83% -13%
TIBCO Software Palo Alto           23.35             4.66             8.00 401% -42% 192%
eBay Inc San Jose           51.86           10.43           33.19 397% -69% 56%
Electronics for Imaging Fremont           40.63             8.20           22.48 395% -64% 81%
Callidus Software Pleasanton           11.94             2.43             5.17 391% -53% 131%
Super Micro Computer San Jose           22.85             4.84             7.67 372% -37% 198%
Flextronics San Jose             9.06             1.94           12.06 367% -84% -25%
VMware Palo Alto           90.48           19.89           84.99 355% -77% 6%
Equinix Redwood City         194.12           42.95         101.07 352% -58% 92%
Trimble Navigation Sunnyvale           27.79             6.22           12.68 347% -51% 119%
Autodesk San Rafael           53.72           12.02           49.76 347% -76% 8%
SYNNEX Fremont           61.53           13.87           19.60 344% -29% 214%
Cadence Design Systems San Jose           16.18             3.70           17.01 337% -78% -5%
KLA-Tencor Milpitas           68.07           15.63           48.16 336% -68% 41%
Brocade Communication Syst San Jose             9.35             2.16             7.34 333% -71% 27%
Fairchild Semiconductor San Jose           12.33             2.89           14.43 327% -80% -15%
Agilent Technologies Santa Clara           53.64           12.65           34.85 324% -64% 54%
LSI Corp San Jose           11.14             2.64             9.00 322% -71% 24%
Move Inc San Jose           20.91             5.04             9.80 315% -49% 113%
Cavium San Jose           40.73           10.59           23.02 285% -54% 77%
Coherent Santa Clara           55.74           14.74           31.57 278% -53% 77%
Affymetrix Santa Clara             7.10             1.89           23.14 276% -92% -69%
Adobe Systems San Jose           63.29           17.16           42.73 269% -60% 48%
Omnicell Mountain View           26.64             7.31           26.93 264% -73% -1%
Riverbed Technology San Francisco           18.06             4.97           13.37 264% -63% 35%
OmniVision Technologies Santa Clara           24.05             6.65           15.65 262% -58% 54%
Google Mountain View         555.19         154.44         346.09 259% -55% 60%
QuickLogic Sunnyvale             2.61             0.75             3.30 248% -77% -21%
Intuit Mountain View           80.17           23.23           31.61 245% -27% 154%
Lam Research Fremont           65.91           19.29           43.23 242% -55% 52%
Extreme Networks San Jose             3.89             1.23             3.54 216% -65% 10%
Check Point Software Redwood City           66.27           21.04           21.10 215% 0% 214%
Yahoo! Sunnyvale           39.60           13.05           23.26 203% -44% 70%
NetApp Sunnyvale           38.91           12.90           24.96 202% -48% 56%
Integrated Device Technology San Jose           12.69             4.21           11.31 201% -63% 12%
Synaptics San Jose           65.69           21.84           27.44 201% -20% 139%
Immersion Corp San Jose             7.77             2.62           12.95 197% -80% -40%
Netgear San Jose           29.97           10.11           35.67 196% -72% -16%
Informatica Redwood City           32.76           11.64           18.02 181% -35% 82%
Monolithic Power Systems San Jose           35.62           12.91           11.11 176% 16% 221%
PLX Technology Sunnyvale             6.50             2.39             9.30 172% -74% -30%
Oracle Redwood City           38.10           14.47           22.58 163% -36% 69%
Intel Santa Clara           31.91           12.41           26.66 157% -53% 20%
Oplink Communications Fremont           15.99             6.24           15.35 156% -59% 4%
CEVA Inc Mountain View           13.14             5.23           12.21 151% -57% 8%
Quantum San Jose             1.02             0.41             2.69 149% -85% -62%
Power Integrations San Jose           44.96           18.40           34.43 144% -47% 31%
Advent Software San Francisco           31.34           13.04           27.05 140% -52% 16%
Tessera Technologies San Jose           25.64           10.70           41.60 140% -74% -38%
Applied Materials Santa Clara           19.83             8.70           17.76 128% -51% 12%
Silicon Graphics Fremont             8.00             3.51           10.00 128% -65% -20%
Maxim Integrated Products San Jose           26.12           11.49           26.48 127% -57% -1%
GSI Technology Sunnyvale             5.11             2.25             2.55 127% -12% 100%
Electronic Arts Redwood City           34.53           15.31           58.41 126% -74% -41%
Atmel Corp San Jose             6.71             3.11             4.32 116% -28% 55%
Synopsys Mountain View           37.28           17.53           25.93 113% -32% 44%
DSP Group San Jose             9.16             4.42           12.20 107% -64% -25%
Xilinx San Jose           36.83           17.82           21.87 107% -19% 68%
Ultratech San Jose           20.64           10.03           11.34 106% -12% 82%
NVIDIA Santa Clara           16.85             8.39           24.67 101% -66% -32%
Silicon Image Sunnyvale             4.22             2.11             4.52 100% -53% -7%
Altera San Jose           31.21           15.77           19.68 98% -20% 59%
Linear Technology Milpitas           39.28           21.60           30.32 82% -29% 30%
Applied Micro Circuits Sunnyvale             6.27             3.47             8.74 81% -60% -28%
MoSys Santa Clara             2.43             1.36             4.85 79% -72% -50%
Supertex Sunnyvale           32.98           18.67           31.29 77% -40% 5%
Intevac Santa Clara             6.84             3.97           14.54 72% -73% -53%
Micrel San Jose           11.06             6.49             8.45 70% -23% 31%
Symantec Mountain View           21.94           12.93           16.14 70% -20% 36%
Cisco Systems San Jose           23.34           14.18           27.07 65% -48% -14%
Exar Corp Fremont             8.70             5.36             7.97 62% -33% 9%
Polycom San Jose           10.88             6.76           13.89 61% -51% -22%
Pericom Semiconductor Milpitas             9.18             5.86           18.70 57% -69% -51%
Infinera Corp Sunnyvale             9.27             5.95           14.84 56% -60% -38%
Marvell Technology Santa Clara           12.19             8.06           13.98 51% -42% -13%
Juniper Networks Sunnyvale           19.04           12.67           33.20 50% -62% -43%
IXYS Corp Milpitas             9.43             6.52             8.02 45% -19% 18%
ShoreTel Sunnyvale             5.90             4.15           13.97 42% -70% -58%
Dolby Laboratories San Francisco           39.60           29.13           49.72 36% -41% -20%
Actuate San Mateo             3.98             3.03             7.77 31% -61% -49%
Rambus Sunnyvale           10.23             7.84           20.94 30% -63% -51%
PMC-Sierra Sunnyvale             6.85             5.35             6.54 28% -18% 5%
Advanced Micro Devices Sunnyvale             2.72             2.14             7.50 27% -71% -64%
Hewlett-Packard Palo Alto           33.50           26.98           50.48 24% -47% -34%
Harmonic San Jose             5.66             4.59           10.48 23% -56% -46%
SunPower Corp San Jose           28.49           23.39           37.17 22% -37% -23%
Intersil Milpitas           12.00             9.99           24.48 20% -59% -51%
Rovi Corp Santa Clara           17.94           15.13           18.33 19% -17% -2%
Support.com Redwood City             1.97             1.78             4.45 11% -60% -56%
Procera Networks Fremont             5.70             5.50           14.00 4% -61% -59%
Oclaro San Jose             1.35             1.46           11.90 -7% -88% -89%
Aviat Networks Santa Clara             1.80             3.45           16.70 -48% -79% -89%
Sigma Designs Milpitas             3.77           15.10           55.20 -75% -73% -93%








Average % Change all 117 Technology



315% -56% 62%






…..Health Care





Jazz Pharmaceuticals Palo Alto         148.95             0.62           14.70 23924% -96% 913%
Pharmacyclics Sunnyvale         105.97             0.86             1.45 12224% -41% 7208%
Medivation San Francisco           93.00             7.64             7.20 1117% 6% 1192%
The Cooper Companies Pleasanton         150.27           18.33           38.00 720% -52% 295%
Align Technology San Jose           45.22             6.41           16.68 605% -62% 171%
BioMarin Pharmaceutical San Rafael           70.80           10.22           35.40 593% -71% 100%
BioTime Alameda             3.20             0.48             0.48 567% 0% 567%
DepoMed Newark           14.13             2.12             3.26 567% -35% 333%
SciClone Pharmaceuticals Foster City             6.93             1.08             2.06 542% -48% 236%
Intermune Brisbane           73.89           13.63           13.33 442% 2% 454%
Cerus Concord             3.64             0.71             6.51 413% -89% -44%
McKesson San Francisco         193.97           39.38           65.51 393% -40% 196%
Intuitive Surgical Sunnyvale         470.05           95.89         323.00 390% -70% 46%
Gilead Sciences Foster City         103.73           22.01           23.01 371% -4% 351%
Natus Medical San Carlos           30.43             6.69           19.35 355% -65% 57%
Sangamo Biosciences Richmond             9.85             2.99           13.02 229% -77% -24%
Nektar Therapeutics San Francisco           12.65             4.21             6.71 200% -37% 89%
Abaxis Union City           47.28           16.14           35.86 193% -55% 32%
Varian Medical Systems Palo Alto           79.61           27.73           52.16 187% -47% 53%
Corcept Therapeutics Menlo Park             2.80             1.00             3.09 180% -68% -9%
Threshold Pharmaceuticals South San Francisco             2.90             1.08             3.18 169% -66% -9%
Dynavax Technologies Berkeley             1.37             0.55             5.11 150% -89% -73%
Bio-Rad Laboratories Hercules         108.70           54.97         103.62 98% -47% 5%
Cutera Brisbane           10.42             5.75           15.70 81% -63% -34%
Accuray Sunnyvale             6.97             4.09           15.22 70% -73% -54%
Genomic Health Redwood City           30.97           19.57           22.64 58% -14% 37%
Theravance South San Francisco           16.24           12.15           19.50 34% -38% -17%
Thoratec Pleasanton           26.04           20.97           18.19 24% 15% 43%
VIVUS Mountain View             3.20             3.10             5.18 3% -40% -38%
DURECT Cupertino             1.29             1.54             6.43 -16% -76% -80%
Geron Menlo Park             1.86             3.87             5.68 -52% -32% -67%
XOMA Berkeley             3.70             8.55           50.85 -57% -83% -93%
Rigel Pharmaceuticals South San Francisco             1.87             4.40           25.39 -58% -83% -93%
Exelixis South San Francisco             1.45             4.34             8.63 -67% -50% -83%
Xenoport Santa Clara             5.81           18.09           55.88 -68% -68% -90%
Hansen Medical Mountain View             0.95             3.04           29.94 -69% -90% -97%
Cytokinetics South San Francisco             3.07           12.36           28.38 -75% -56% -89%








Average % Change all 37 Health Care



1201% -51% 308%







…..Finance





KKR Financial Holdings San Francisco           11.54             0.48           14.05 2304% -97% -18%
SVB Financial Group Santa Clara         101.59           12.06           50.40 742% -76% 102%
Wells Fargo San Francisco           50.64             8.61           30.19 488% -71% 68%
Bridge Capital Holdings San Jose           21.95             4.34           21.48 406% -80% 2%
Visa San Francisco         204.98           50.19           56.50 308% -11% 263%
Franklin Resources San Mateo           50.75           12.89           38.14 294% -66% 33%
Hercules Technology Growth Capital Palo Alto           13.89             3.62           12.42 284% -71% 12%
Prologis San Francisco           37.28             9.72           57.56 284% -83% -35%
FNB Bancorp South San Francisco           27.65             8.19           17.04 238% -52% 62%
BRE Properties San Francisco           61.00           18.28           40.53 234% -55% 51%
Essex Property Trust Palo Alto         182.13           55.19           97.49 230% -43% 87%
Bank of Marin Bancorp Novato           45.85           17.80           29.25 158% -39% 57%
Kennedy-Wilson Holdings Beverly Hills           23.57             9.44             9.10 150% 4% 159%
Digital Realty Trust San Francisco           62.85           26.33           38.37 139% -31% 64%
Charles Schwab San Francisco           26.23           11.36           25.55 131% -56% 3%
Heritage Commerce San Jose             8.34             3.92           18.39 113% -79% -55%
Exchange Bank Santa Rosa           83.25           40.00         112.00 108% -64% -26%
eHealth Mountain View           20.33           13.32           32.11 53% -59% -37%
JMP Group San Francisco             6.32             4.15             8.48 52% -51% -25%
Westamerica San Rafael           45.62           34.36           44.55 33% -23% 2%
Redwood Trust Mill Valley           16.40           12.45           34.24 32% -64% -52%








Average % Change all 21 Financial



323% -56% 34%








…..Services





Williams-Sonoma San Francisco           65.39             7.60           25.90 760% -71% 152%
CAI Intl San Francisco           19.10             2.63           10.52 626% -75% 82%
Core-Mark Holding South San Francisco           51.81             8.45           14.36 513% -41% 261%
Shutterfly Inc Redwood City           46.96             7.72           25.62 508% -70% 83%
Jamba Inc Emeryville           12.07             2.00           18.50 504% 0% -35%
Ross Stores Pleasanton           77.53           14.73           12.79 427% 15% 506%
The Gap San Francisco           36.34             9.85           21.28 269% -54% 71%
Robert Half Intl Menlo Park           47.34           14.41           27.04 229% -47% 75%
ARC Document Solutions Walnut Creek             8.70             2.86           16.48 204% -83% -47%
Exponent Menlo Park           71.50           24.33           27.04 194% -10% 164%
Safeway Pleasanton           33.86           17.53           34.21 93% -49% -1%
TiVo Inc Alviso           11.93             6.50             8.34 84% -22% 43%
URS Corp San Francisco           54.05           33.82           54.33 60% -38% -1%
Bebe Stores Brisbane             2.05             4.82           12.86 -57% -63% -84%








Average % Change all 14 Services



315% -43% 91%







…..Other Sectors





LeapFrog Enterprises Emeryville             5.84             1.26             6.73 363% -81% -13%
Landec Menlo Park           11.15             4.45           13.40 151% -67% -17%
Simpson Manufacturing Pleasanton           29.06           13.92           26.59 109% -48% 9%
Clorox Oakland           97.09           46.78           65.17 108% -28% 49%
Chevron San Ramon         113.89           58.27           93.33 95% -38% 22%
Diamond Foods San Francisco           28.51           21.11           21.43 35% -1% 33%
Central Garden & Pet Walnut Creek             7.16             6.30             5.76 14% 9% 24%








Average % Change all 7 Services



125% -36% 15%







Average % Change all 196 San Fran & Silicon Valley Areas

476% -54% 106%

Further, the number of San Francisco/Silicon Valley Area Company Initial Public Offerings (IPOs) since the beginning of 2009, or during the Obama Administration, with current stock market capitalizations of at least $100 mil was an incredibly off-the-charts 104, more than half of the above 196 number of San Francisco/Silicon Valley Area Companies with current stock market capitalizations of at least $100 mil and which had their common stock trading before 2009, or before the Obama Administration.  Clearly, as far as San Francisco and Silicon Valley goes, Barack Obama is the IPO President.

Despite the stock market collapse of the past two weeks, these 104 San Francisco/Silicon Valley IPOs had an average stock market price appreciation of a robust 69% from their Initial Offering Price for the short period of time their common stock has been trading.

Of these 196 IPOs, an incredibly high 60 of them were Technology ones and despite the stock market collapsing in the most recent two weeks, these 60 Technology ones have experienced an average stock market price appreciation of a very robust 80% from their Initial Offering Price for the short period of time their common stock has been trading.

Below here are these 104 San Francisco/Silicon Valley Area IPOs filed during the Obama Administration:







%








Market








Price






10-10-14
Change






Stock Initial From
IPO San Fran/Silicon Valley Area IPO City State

Market Offering Offering
Date During Obama Administration HQs Area Sector Industry Price Price Price





$ $

Technology IPOs





12/13/12 SolarCity  San Mateo SF Technology Semiconductor-Specialized 53.55 8.00 569%
10/10/12 Ambarella  Santa Clara SF Technology Semiconductor Equipment&Materials 36.42 6.00 507%
4/15/11 Ellie Mae  Pleasanton SF Technology Application Software 33.90 6.00 465%
5/10/12 WageWorks  San Mateo SF Technology Management Services 45.94 9.00 410%
8/6/09 Avago Technologies  San Jose SF Technology Semiconductor-Broad Line 71.36 15.00 376%
3/2/12 Yelp!   San Francisco SF Technology Internet Information Providers 66.06 15.00 340%
5/19/11 LinkedIn  Mountain View SF Technology Internet Information Providers 194.23 45.00 332%
6-26-14 GoPro San Mateo SF Technology Cameras 85.05 24.00 254%
1/25/12 Guidewire Software  Foster City SF Technology Business Software & Services 44.81 13.00 245%
4/19/12 Splunk  San Francisco SF Technology Application Software 53.22 17.00 213%
10/12/12 Workday  Pleasanton SF Technology Application Software 79.28 28.00 183%
4/20/12 Proofpoint  Sunnyvale SF Technology Application Software 34.34 13.00 164%
9/20/12 Trulia  San Francisco SF Technology Internet Service Providers 44.01 17.00 159%
11/16/11 InvenSense  San Jose SF Technology Semiconductor-Integrated Circuits 18.74 7.50 150%
9/28/12 Qualys  Redwood City SF Technology Application Software 28.55 12.00 138%
5-15-14 Zendesk San Francisco SF Technology Application Software 20.52 9.00 128%
4-21-11 Responsys San Bruno SF Technology Application Services 26.98 12.00 125%
7/20/12 Palo Alto Networks  Santa Clara SF Technology Networking&Communication Devices 94.36 42.00 125%
5/17/13 Marketo  San Mateo SF Technology Application Software 29.08 13.00 124%
10/14/11 Ubiquiti Networks  San Jose SF Technology Wireless Communications 32.75 15.00 118%
11/7/13 Twitter   San Francisco SF Technology Internet Information Providers 50.40 26.00 94%
5/18/12 Facebook  Menlo Park SF Technology Internet Information Providers 72.91 38.00 92%
11/18/09 Fortinet  Sunnyvale SF Technology Application Software 23.58 12.50 89%
6-6-14 Arisa Networks Santa Clara SF Technology Diversified Computer Systems 78.13 43.00 82%
3/30/12 Enphase Energy  Petaluma SF Technology Semiconductor Equipment&Materials 10.55 6.00 76%
3-28-14 Energous Pleasanton SF Technology Wireless Charging 10.18 6.00 70%
2/10/11 Fluidigm  South San Francisco SF Technology Scientific & Technical Instruments 22.06 13.50 63%
3-27-14 TriNet Group San Leandro SF Technology Business Services 25.73 16.00 61%
7-18-14 TubeMogul Emeryville SF Technology Enterprise Software 11.13 7.00 59%
11/9/11 Imperva  Redwood Shores SF Technology Application Software 26.40 18.00 47%
11/6/13 Barracuda Networks    Campbell SF Technology Communication Equipment 26.23 18.00 46%
9/20/13 FireEye  Milpitas SF Technology Application Software 25.76 20.00 29%
10/16/13 Veeva Systems  Pleasanton SF Technology Healthcare Information Services 25.35 20.00 27%
6-12-14 MobileIron Mountain View SF Technology Application Software 9.68 9.00 8%
12/13/13 Nimble Storage   San Jose SF Technology Data Storage Devices 22.50 21.00 7%
10-3-14 Yodlee Redwood City SF Technology Prepackaged Software 12.23 12.00 2%
9/27/13 RingCentral  San Mateo SF Technology Application Software 10.70 13.00 -18%
11/16/12 Ruckus Wireless   Sunnyvale SF Technology Computer Based Systems 11.84 15.00 -21%
3-7-14 COUPONS.com Mountain View SF Technology Internet Service Provider 12.42 16.00 -22%
4-4-14 Five9 San Ramon SF Technology Application Software 5.16 7.00 -26%
5/13/10 TeleNav  Sunnyvale SF Technology Scientific & Technical Instruments 5.89 8.00 -26%
3-14-14 Castlight Health San Francisco SF Technology Application Software 11.66 16.00 -27%
3-28-14 Aerohive Networks Sunnyvale SF Technology Communication Equipment 6.63 10.00 -34%
3/24/10 Calix Networks  Petaluma SF Technology Communication Equipment 8.31 13.00 -36%
3/20/13 Model N  Redwood City SF Technology Revenue Management 9.43 15.50 -39%
3/22/13 Marin Software  San Francisco SF Technology Application Software 8.38 14.00 -40%
6/12/13 Gigamon  Milpitas SF Technology Networking&Communication Devices 10.15 19.00 -47%
4/29/10 Alpha and Omega Semiconductor  Sunnyvale SF Technology Semiconductor-Specialized 8.79 18.00 -51%
3/13/13 Silver Spring Networks  Redwood City SF Technology Computer Based Systems 8.25 17.00 -51%
12/13/11 Jive Software   Palo Alto SF Technology Application Software 5.66 12.00 -53%
9/27/13 Violin Memory  Santa Clara SF Technology Data Storage Devices 4.06 9.00 -55%
3/28/12 Vocera Communications  San Jose SF Technology Communication Equipment 8.41 19.00 -56%
5/9/13 CYAN   Petaluma SF Technology Computer Integrated Systs Design 4.71 11.00 -57%
5/10/12 Audience  Mountain View SF Technology Semiconductor-Integrated Circuits 6.63 17.00 -61%
7/26/12 E2open  Foster City SF Technology Application Software 5.82 15.00 -61%
3/25/11 ServiceSource International  San Francisco SF Technology Business Software & Services 2.90 10.00 -71%
2/11/10 QuinStreet  Foster City SF Technology Internet Software & Services 4.21 15.00 -72%
3-21-14 A10 Networks San Jose SF Technology Communication Equipment 4.21 15.00 -72%
12/16/11 Zynga   San Francisco SF Technology Multimedia&Graphic Software 2.37 10.00 -76%
11/18/11 Intermolecular  San Jose SF Technology Semiconductor Equipment&Matls 2.25 10.00 -78%










Total all 60 Technology





80%










Health Care






11/24/10 Anacor Pharmaceuticals  Palo Alto SF Healthcare Biotechnology 23.50 5.00 370%
1/31/14 Ultragenyx Pharmaceutical  Novato SF Health Care Biotechnology 49.90 21.00 138%
7/26/12 Hyperion Therapeutics  Brisbane SF Healthcare Biotechnology 23.37 10.00 134%
11/15/13 Relypsa  Redwood City SF Health Care Biotechnology 19.46 11.00 77%
5/22/13 Portola Pharmaceuticals   South San Francisco SF Health Care Biotechnology 25.63 14.50 77%
7-31-14 Avalanche Biotechnologies Menlo Park SF Health Care Biotechnology 29.90 17.00 76%
10/19/11 ZELTIQ Aesthetics  Pleasanton SF Healthcare Medical Appliances & Equipment 21.21 13.00 63%
7-24-14 Intersect ENT Menlo Park SF Health Care Sinus Drug Implants 15.93 11.00 45%
6-19-14 Ardelyx Fremont SF Health Care Biotechnology 19.61 14.00 40%
12/12/13 Kindred Biosciences   Burlingame SF Health Care Biotechnology 9.09 7.00 30%
2/11/11 AcelRx Pharmaceuticals  Redwood City SF Healthcare Medical Appliances & Equipment 6.06 5.00 21%
7/18/13 OncoMed Pharmaceuticals  Redwood City SF Health Care Biotechnology 17.41 17.00 2%
2/6/14 Revance Therapeutics  Newark SF Health Care Biotechnology 15.45 16.00 -3%
3-21-14 Versartis Redwood City SF Health Care Drugs-Generic 19.79 21.00 -6%
4-10-14 Adamus Pharmaceuticals Emeryville SF Health Care Drugs-Generic 14.51 16.00 -9%
9/18/13 Five Prime Therapeutics  South San Francisco SF Health Care Biotechnology 11.72 13.00 -10%
10-3-14 Dermira Redwood City SF Health Care Pharmaceutical Preparations 14.12 16.00 -12%
10-2-14 Calithera Biosciences South San Francisco SF Health Care Pharmaceutical Preparations 7.47 10.00 -25%
2-2-11 Epocrates San Mateo SF Health Care Info Technology Marketing Services 11.75 16.00 -27%
3-12-14 Achaogen South San Francisco SF Health Care Biotechnology 8.26 12.00 -31%
10/30/13 Veracyte  South San Francisco SF Health Care Biotechnology 8.65 13.00 -33%
2/8/12 ChemoCentryx  Mountain View SF Healthcare Biotechnology 4.46 10.00 -55%
11-10-10 Complete Genomics Mountain View SF Health Care Physical & Biological Research 3.15 9.00 -65%
10/27/10 Pacific Biosciences of California  Menlo Park SF Healthcare Biotechnology 4.99 16.00 -69%










Total all 24 Health Care





30%










All Other Sectors






6/29/10 Tesla Motors  Palo Alto SF Consumer Goods Auto Manufacturers-Major 236.91 17.00 1294%
11/2/12 Restoration Hardware Holdings   Corte Madera SF Services Home Furnishing Stores 77.60 24.00 223%
3/16/10 Financial Engines  Sunnyvale SF Financial Asset Management 31.72 12.00 164%
3/28/12 Annie’s  Berkeley SF Consumer Goods Food-Major Diversified 45.93 19.00 142%
12/9/10 First Republic Bank  San Francisco SF Financial Banks 47.52 25.50 86%
4/19/13 Blackhawk Network Holdings   Pleasanton SF Financial Credit Services 34.70 23.00 51%
9/27/13 Pattern Energy Group  San Francisco SF Utilities Diversified Utilities 28.79 22.00 31%
6/15/11 Pandora Media  Oakland SF Services Broadcasting-Radio 20.92 16.00 31%
2/15/13 XOOM  San Francisco SF Financial Credit Services 18.38 16.00 15%
8/8/13 Fox Factory Holding   Scotts Valley SF Consumer Goods Recreational Vehicles 15.27 15.00 2%
2/10/10 Terreno Realty  San Francisco SF Financial REIT-Industrial 19.48 20.00 -3%
4/20/12 Infoblox  Santa Clara SF Services Business Services 13.87 16.00 -13%
8/10/12 Performant Financial  Livermore SF Services Business Services 7.72 9.00 -14%
5/4/11 RPX Corporation  San Francisco SF Services Business Services 14.00 19.00 -26%
11/8/13 NMI Holdings  Emeryville SF Financial Surety & Title Insurance 8.26 13.00 -36%
9/20/13 Rocket Fuel    Redwood City SF Services Advertising Agencies 16.96 29.00 -42%
8/7/13 YuMe   Redwood City SF Services Advertising Agencies 4.78 9.00 -47%
11/13/13 Chegg  Santa Clara SF Services Education & Training 5.76 12.50 -54%
5/26/11 Solazyme  South San Francisco SF Basic Materials Oil&Gas Refining&Marketing 5.99 18.00 -67%
9/28/10 Amyris  Emeryville SF Basic Materials Specialty Chemicals 3.09 16.00 -81%










Total all 20 Other Sectors





83%










Total all 104





69%



















More details to come.