California Companies Total Pretax Earnings Growth Collapses in the December 2018 Quarter

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The 71 California Companies With Stock Market Caps Above $10 Bil and With December Quarter Ends Posted Total Pretax Earnings Which Declined By 8% in the December 2018 Quarter, After Increasing By 20% in the September 2018 Quarter

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Excluding Big Oil Chevron, the Remaining 70 California Companies With Stock Market Caps Above $10 Bil Posted Total Pretax Earnings Which Declined By 12% in the December 2018 Quarter, After Increasing By 16% in the September 2018 Quarter

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The 222 California Companies With Stock Market Caps Between $1 Bil and $10 Bil and With December Quarter Ends Posted Total Pretax Earnings Which Declined By 1% in the December 2018 Quarter, After Increasing By 42% in the September 2018 Quarter and Increasing By 70% in the June 2018 Quarter

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I Don't Think I Have Seen California Companies Total Pretax Earnings Growth Decline So Precipitously in Just One Quarter of Time in a Very Long Time, Even Including During the 2008-9 US Financial Meltdown

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From a review of company SEC filings and of MSN Money individual company common stock information, I found 293 California Companies with stock market caps sometime in 2018 of more than $1 Bil and with December 2018 quarter ends and which have released their December 2018 quarter earnings by March 1, 2019.

Of these 293 Cos, 71 of them had stock market caps sometime in 2018 of above $10 Bil.

In addition to the other 222 smaller California Companies with stock market caps sometime in 2018 of above $1 Bil and with December 2018 quarter ends, there were at least another 9 smaller California Companies which haven't released their December 2018 quarter earnings by March 1, 2019.

My Focus is on Pretax Income rather than on After-Tax Net Income because Corporate Income Taxes are simply a transfer of financial wealth between US Corporations and the US Federal, US State and Foreign Governments.  It has nothing whatsoever to do with Company Operating Performance.

The chart below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for each quarter of 2018 as compared with that of the prior year quarter of 2017 for each of these 293 California Companies.

	US	US			US	US			US	US			US	US
	GAAP	GAAP			GAAP	GAAP			GAAP	GAAP			GAAP	GAAP
	Pretax	Pretax			Pretax	Pretax			Pretax	Pretax			Pretax	Pretax
	Income	Income			Income	Income			Income	Income			Income	Income
California Companies	(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)
Stock Market Caps > $1 Bil	Dec	Dec	Better		Sept	Sept	Better		June	June	Better		March	March	Better
With December Quarter Ends	2018	2017	(Worse)		2018	2017	(Worse)		2018	2017	(Worse)		2018	2017	(Worse)
December 2018 Qtr Earnings	Quarter	Quarter	%		Quarter	Quarter	%		Quarter	Quarter	%		Quarter	Quarter	%
Released By March 1, 2019	End	End	Change		End	End	Change		End	End	Change		End	End	Change
	mils $	mils $			mils $	mils $			mils $	mils $			mils $	mils $
Cos With Mkt Cap > $10 Bil
Apple	23,906	27,030	-12%		16,421	13,917	18%		13,284	11,308	17%		16,168	14,684	10%
Alphabet	10,072	8,018	26%		10,083	7,979	26%		4,215	4,377	-4%		10,543	6,819	55%
Facebook	7,971	7,462	7%		5,912	5,236	13%		5,868	4,488	31%		5,610	3,408	65%
Wells Fargo	7,120	4,599	55%		7,598	6,781	12%		7,119	8,139	-13%		6,701	7,858	-15%
Intel	5,635	6,035	-7%		7,142	5,930	20%		5,529	4,572	21%		5,011	3,815	31%
Visa	3,630	3,239	12%		3,538	3,099	14%		2,812	2,914	-4%		3,217	2,702	19%
Walt Disney	3,431	3,745	-8%		3,202	2,694	19%		3,854	3,618	7%		3,928	3,751	5%
Amgen	2,185	2,214	-1%		2,094	2,381	-12%		2,647	2,542	4%		2,619	2,460	6%
Charles Schwab	1,210	953	27%		1,219	945	29%		1,131	909	24%		1,002	843	19%
Sempra Energy	1,187	447	166%		501	18	2683%		(1,113)	415	-368%		647	747	-13%
Gilead Sciences	1,016	2,126	-52%		2,664	3,671	-27%		2,086	4,115	-49%		2,033	3,617	-44%
HCP Inc	831	(45)	NM		98	(11)	NM		88	19	363%		38	458	-92%
Prologis	709	351	102%		389	931	-58%		379	303	25%		409	230	78%
Activision Blizzard	690	185	273%		121	220	-45%		408	293	39%		567	453	25%
PayPal Holdings	686	864	-21%		533	451	18%		609	447	36%		548	438	25%
Lam Research	660	734	-10%		591	688	-14%		958	603	59%		772	531	45%
McKesson	650	697	-7%		587	178	230%		6	458	-99%		(1,094)	4,674	-123%
Public Storage	588	391	50%		380	358	6%		405	355	14%		344	344	0%
QUALCOMM	559	(60)	NM		(775)	434	-279%		956	858	11%		358	857	-58%
eBay	516	561	-8%		948	694	37%		707	462	53%		547	558	-2%
CBRE Group	496	428	16%		387	277	40%		300	273	10%		196	193	2%
KLA-Tencor	416	347	20%		428	336	27%		406	325	25%		366	319	15%
Seagate Technology	398	371	7%		468	188	149%		466	120	288%		393	212	85%
SVB Financial Group	380	260	46%		377	251	50%		324	204	59%		282	159	77%
Intuitive Surgical	359	341	5%		335	291	15%		296	270	10%		290	202	44%
Franklin Resources	346	652	-47%		483	658	-27%		447	644	-31%		633	628	1%
Monster Beverage	311	268	16%		343	321	7%		358	347	3%		282	265	6%
First Republic Bank	287	237	21%		266	242	10%		252	220	15%		246	214	15%
Check Point Software	267	280	-5%		243	237	3%		240	233	3%		228	221	3%
Electronic Arts	265	(16)	NM		276	(38)	NM		319	749	-57%		754	716	5%
Xilinx	257	167	54%		239	194	23%		213	171	25%		186	171	9%
Tesla	232	(780)	NM		271	(671)	NM		(729)	(386)	NM		(779)	(372)	NM
Clorox	224	227	-1%		268	279	-4%		306	295	4%		242	247	-2%
Illumina	210	224	-6%		232	175	33%		232	141	65%		221	503	-56%
Twitter	207	94	120%		87	(18)	NM		66	(113)	NM		64	(58)	NM
East West Bancorp	205	174	18%		205	175	17%		197	158	25%		212	228	-7%
Arista Networks	198	142	39%		189	142	33%		163	117	39%		143	74	93%
Juniper Networks	188	200	-6%		152	226	-33%		151	245	-38%		41	141	-71%
Maxim Integrated Products	183	198	-8%		234	181	29%		224	196	14%		222	170	31%
Jazz Pharmaceuticals	165	119	39%		169	65	160%		129	141	-9%		65	116	-44%
Resmed	146	142	3%		139	108	29%		141	122	16%		130	108	20%
Varian Medical	137	123	11%		142	105	35%		92	89	3%		96	90	7%
Equinix	136	94	45%		143	82	74%		74	55	35%		80	55	45%
Essex Property Trust	124	110	13%		86	85	1%		106	76	39%		97	188	-48%
Align Technologies	120	114	5%		125	101	24%		114	85	34%		99	62	60%
Netflix	119	131	-9%		379	116	227%		429	14	2964%		300	224	34%
Cadence Design Systems	109	77	42%		100	87	15%		90	77	17%		78	74	5%
Symantec	97	705	-86%		28	(69)	NM		(73)	(134)	NM		(61)	(248)	NM
Fortinet	92	45	104%		71	38	87%		51	33	55%		37	8	363%
Avery Dennison	88	157	-44%		167	147	14%		140	150	-7%		159	136	17%
Realty Income Corp	87	64	36%		99	88	13%		97	81	20%		83	89	-7%
Western Digital	81	774	-90%		583	710	-18%		729	415	76%		(128)	304	-142%
Trimble	68	49	39%		64	72	-11%		79	64	23%		67	64	5%
Digital Realty Trust	47	80	-41%		93	15	520%		88	80	10%		113	87	30%
Chipotle Mexican Grill	43	61	-30%		60	32	88%		70	108	-35%		94	74	27%
Atlassian Corp	27	(12)	NM		(240)	(20)	NM		(22)	(32)	NM		(8)	(23)	NM
Neurocrine Biosciences	19	7	171%		51	(11)	NM		(6)	(60)	NM		(42)	(78)	NM
Advanced Micro Devices	3	(31)	NM		114	83	37%		122	(39)	NM		89	(28)	NM
ServiceNow	2	(13)	NM		7	(20)	NM		(41)	(58)	NM		(7)	(23)	NM
Edwards Lifesciences	(2)	324	-101%		249	212	17%		251	206	22%		264	294	-10%
Dropbox	(7)	(39)	NM		(6)	(14)	NM		(3)	(26)	NM		(464)	(33)	NM
Alexandria Real Estate Equities	(19)	46	-141%		219	60	265%		61	41	49%		142	57	149%
Square Inc	(28)	(16)	NM		21	(17)	NM		(5)	(15)	NM		(24)	(15)	NM
Biomarin Pharmaceuticals	(43)	55	-178%		(19)	(21)	NM		(29)	(46)	-37%		(51)	(24)	NM
Twilio	(47)	(19)	NM		(27)	(23)	NM		(24)	(7)	NM		(24)	(14)	NM
Nektar Therapeutics	(100)	(34)	NM		(97)	61	-259%		975	(60)	NM		(96)	(64)	NM
Live Nation Entertainment	(130)	(233)	NM		200	174	15%		95	90	6%		(34)	(41)	NM
Dexcom	(177)	9	NM		45	(3)	NM		30	(14)	NM		(24)	(40)	NM
Snap	(192)	(353)	NM		(325)	(455)	NM		(352)	(443)	NM		(384)	(2,212)	NM
Bio-Rad Labs	(1,047)	46	NM		350	31	1029%		340	1	NM		864	20	4220%
Edison Intl	(2,216)	(170)	NM		627	432	45%		289	335	-14%		211	352	-40%
PG&E Corp	(9,634)	226	NM		582	713	-18%		(1,573)	544	-389%		496	688	-28%
Total 70 Cos With Mkt Cap
….. Above $10 Bil (No Chevron)	66,749	75,998	-12%		72,928	63,004	16%		58,643	57,277	2%		66,407	63,727	4%
Chevron (Big Oil)	4,898	1,481	231%		5,699	2,658	114%		4,905	1,953	151%		5,073	3,129	62%
Total 71 Mkt Cap > $10 Bil	71,647	77,479	-8%		78,627	65,662	20%		63,548	59,230	7%		71,480	66,856	7%
Cos With Mkt Cap $1-10 Bil
California Resources (Big Oil)	392	(135)			91	(132)			(63)	(47)			9	52
Molina Health Care	256	(316)			259	(113)			305	(314)			179	131
Deckers Outdoor	245	193			90	66			(39)	(57)			18	(32)
Shutterfly	243	171			(102)	(42)			(39)	(38)			(42)	(55)
Air Lease	172	166			179	154			147	156			141	134
Kilroy Realty	167	33			38	75			32	35			41	37
Robert Half Intl	155	129			152	132			150	131			135	125
PacWest Bancorp	154	140			158	139			158	149			163	126
TRI Pointe Group	136	157			84	118			85	52			58	13
Oaktree Capital Group LLC	125	282			150	148			71	301			144	174
Reliance Steel	124	121			195	142			307	152			225	169
Logitech Intl	122	101			70	60			33	32			39	38
First American Financial	119	159			196	18			202	184			93	84
Exelixis	116	39			129	85			88	18			118	17
Herbalife Nutrition Ltd?	113	110			117	81			143	167			91	113
Teledyne Technologies	107	88			100	82			104	76			82	41
Xperi	99	17			(24)	(17)			(32)	(13)			(36)	(46)
Cathay General Bancorp	82	77			88	85			85	67			83	69
Skechers USA	82	55			123	118			75	88			152	124
Sunstone Hotel Investors	80	25			92	(3)			54	52			35	64
Tutor Perini	75	45			33	34			40	52			(15)	22
Dolby Laboratories	74	97			42	26			97	96			90	66
Innoviva	73	59			50	24			57	35			30	17
J2 Global	72	83			40	42			41	41			26	35
Sonos Inc	64	46			(2)	(15)			(26)	(14)			(32)	(20)
Houlihan Lokey	63	55			57	54			42	48			61	57
Sanmina	63	11			9	40			41	62			42	57
Hope Bancorp	61	66			62	72			64	66			69	59
ASGN Inc	60	55			60	54			45	53			39	35
CVB Financial	60	50			54	49			49	45			49	45
PennyMac Financial Services	58	122			62	94			N/A	N/A			N/A	N/A
Kennedy-Wilson Holdings	57	88			20	6			197	31			(4)	(3)
Masimo	56	45			50	43			53	44			56	53
Mattel	56	(347)			73	61			(234)	(74)			(314)	(146)
Encore Capital Group	55	11			30	60			38	33			33	27
Pacific Premier Bancorp	55	36			36	31			37	22			37	14
William Lyon Homes	55	62			41	44			35	29			15	(15)
Axos Financial	54	57			49	55			50	56			78	71
PS Business Parks	53	45			45	43			102	44			72	47
Stamps.com	53	51			43	35			46	41			49	34
Tetra Tech	53	45			39	52			51	43			39	40
AMN Healthcare Services	50	48			38	46			48	51			50	47
Trade Desk	49	28			22	16			25	18			9	1
NMI Holdings	45	17			32	19			32	9			27	7
Coherent	44	101			77	101			93	93			91	61
Mellanox Technologies Ltd	44	(8)			41	6			16	(6)			11	(14)
Trinet Group	42	44			60	58			72	52			67	45
eHealth	42	21			(15)	(15)			(17)	(10)			(7)	(4)
Jack in the Box	40	60			24	51			65	46			36	51
Fair Isaac	37	31			72	54			42	35			41	33
Aerojet Rocketdyne	35	23			88	19			47	36			19	9
American Homes 4 Rent	35	31			30	19			26	15			21	12
GoPro	33	(63)			(25)	4			(37)	(29)			(79)	(89)
Marcus & Millichap	33	29			29	25			30	26			24	19
Monolithic Power Systems	33	27			36	25			27	16			23	15
Dine Brands Global	32	11			31	(506)			25	41			23	26
McGrath RentCorp	32	24			33	27			21	19			19	13
AECOM	31	77			124	110			108	148			(132)	80
Ensign Group	31	23			26	22			28	19			30	4
LTC Properties	31	20			35	21			69	25			20	22
TriCo Bancshares	31	18			23	19			21	21			19	19
Kaiser Aluminum	30	36			30	36			28	7			32	55
TPG RE Finance Trust	29	25			27	21			26	25			25	23
Preferred Bank	27	23			25	23			24	19			23	16
Corcept Therapeutics	26	22			24	14			21	13			21	4
OSI Systems	26	13			11	15			3	19			3	19
PennyMac Mortgage Invest Trust	26	46			52	24			42	32			38	23
Viavi Solutions	26	(2)			(10)	(6)			(18)	18			(8)	30
Lions Gate Entertainment	25	(13)			(175)	(35)			(17)	221			(25)	5
Westamerica Bancorp	25	24			21	21			23	22			22	20
Douglas Emmett	24	32			35	29			37	22			33	22
Quidel	23	(5)			11	(5)			(9)	(14)			39	16
Tereno Realty	23	11			10	21			20	16			10	6
TTM Technologies Inc	23	54			35	23			17	26			15	37
Exponent	22	21			24	22			25	22			22	18
Fox Factory Holding	22	15			31	20			24	18			15	11
Simpson Manufacturing	22	24			61	45			60	45			33	31
CoreLogic	21	46			43	43			76	60			27	19
Fibrogen	21	(34)			(42)	(24)			(23)	(32)			(41)	(31)
Four Corners Property Trust	21	18			18	19			28	18			16	15
Synaptics Inc	20	(29)			4	(23)			(14)	16			(18)	11
Hanmi Financial	20	25			22	25			21	24			21	22
Alteryx	19	(2)			(2)	(3)			(11)	(8)			(5)	(6)
Ares Management LP	19	137			52	88			51	115			62	(190)
Hudson Pacific Properties	19	49			20	15			19	7			53	24
NetGear	19	7			22	11			2	11			1	16
American States Water	18	18			30	34			21	37			13	20
Lumentum Holdings	18	96			53	4			28	(28)			3	(44)
Integrated Device Technology	17	33			37	19			34	16			25	28
Omnicell Inc	17	15			15	9			6	(1)			(2)	(19)
Yelp Inc	17	171			14	8			11	8			(2)	(4)
Banc of California	17	7			14	14			16	2			1	3
Caretrust REIT	16	2			15	11			13	2			15	10
Cheesecake Factory	16	23			30	33			32	49			30	42
Nuvasive	16	19			13	21			16	19			(37)	13
California Water Service Group	15	15			34	34			13	19			(3)	1
Core-Mark Holding	15	(6)			31	22			15	11			(2)	1
Qualys	15	10			19	12			12	9			10	8
Rexford Industrial Realty	15	14			9	2			8	20			15	6
Textainer Group Holdings Ltd	14	20			2	15			20	(5)			21	(8)
Corvel	14	10			16	12			15	14			12	13
Fitbit	13	(15)			(21)	(27)			(95)	(63)			(81)	(90)
Granite Construction	13	47			68	69			(3)	24			(14)	(36)
Avaya Holdings	12	11			(43)	54			(68)	(69)			(139)	15
BJ's Restaurants	12	10			7	1			18	11			15	13
FormFactor	12	4			9	14			11	19			2	6
Green Dot	12	6			(0)	14			31	21			80	63
Nanometrics	12	19			14	8			20	11			21	5
Retail Opportunity Invest Corp	12	12			16	10			8	9			12	11
Arrowhead Pharmaceuticals	12	(13)			(11)	(11)			(16)	(6)			(15)	(6)
e.l.f. Beauty	11	13			5	7			1	1			1	2
Ionis Pharmaceuticals	11	(16)			(20)	(7)			(56)	(3)			(11)	9
Macerich	11	54			82	22			9	29			(34)	75
SJW Group	11	26			20	33			17	33			1	5
American Assets Trust	9	10			14	13			4	8			(1)	10
Genomic Health	9	2			13	(2)			9	(3)			(4)	0
Power Integrations	9	15			19	17			17	15			15	13
Wesco Aircraft Holdings	9	13			10	10			17	(297)			21	23
Penumbra	7	3			(21)	1			8	(1)			4	(2)
Roku	7	7			(10)	(46)			0	(15)			(7)	(9)
Inogen	6	6			11	9			14	9			10	6
Chegg Inc	5	3			(13)	(11)			(3)	(5)			(2)	(6)
Kratos Defense&Security	5	(36)			5	(7)			(4)	(6)			2	(9)
NextGen Health Care	5	3			15	11			3	6			(20)	6
Ultra Clean Holdings	5	22			(2)	23			22	23			27	19
Zynga	5	13			10	23			1	8			9	(7)
Five9	4	(1)			(1)	1			(2)	(4)			(1)	(5)
Tandem Diabetes Care	4	(11)			(34)	(16)			(59)	(22)			(33)	(24)
AppFolio	3	3			6	4			8	3			4	1
Central Garden & Pet	2	12			5	6			53	52			57	56
Ceva	2	4			3	7			(2)	3			(2)	5
Extreme Networks	2	(34)			(8)	6			(7)	14			(12)	(4)
Glaukos	2	1			(7)	1			(5)	(3)			(3)	1
Staar Surgical	1	(1)			2	2			3	(1)			1	(2)
Electronics For Imaging	1	0			(2)	4			8	4			(6)	4
Ellie Mae	0	3			12	19			6	18			(2)	5
Codexis	(0)	1			(2)	(10)			(4)	(6)			(5)	(7)
Rambus Inc	(0)	12			(15)	14			(16)	5			(39)	10
Glu Mobile	(1)	(39)			(0)	(13)			(4)	(24)			(7)	(23)
Vocera Communications	(1)	0			(0)	2			(4)	(6)			(5)	(6)
Cornerstone On Demand	(2)	(9)			(2)	(14)			(11)	(21)			(16)	(16)
Halozyme Therapeutics	(2)	122			(28)	3			(23)	(31)			(27)	(33)
Redwood Trust	(2)	26			46	41			35	42			52	43
Pattern Energy Group	(4)	(16)			(29)	(52)			3	(10)			(6)	7
Intersect ENT	(5)	(3)			(8)	(4)			(4)	(2)			(6)	(7)
Quotient Technology	(5)	3			(8)	(11)			(4)	(5)			(11)	(3)
Upwork	(5)	(5)			(7)	(0)			N/A	N/A			N/A	N/A
Boingo Wireless	(5)	(3)			0	(3)			3	(8)			(3)	(7)
RingCentral	(6)	(0)			(9)	0			(8)	(2)			(3)	(2)
TrueCar Inc	(6)	(11)			(6)	(9)			(7)	(8)			(9)	(7)
Retrophin	(7)	(11)			(54)	(19)			(22)	(15)			(18)	(13)
Blackline	(8)	(4)			(4)	(12)			(8)	(9)			(7)	(8)
Cubic	(8)	(14)			15	(11)			5	(9)			(2)	(10)
Opus Bank	(8)	15			8	33			20	29			17	13
Viasat	(8)	(23)			(35)	(25)			(65)	(18)			(37)	3
Nevro	(10)	(4)			(11)	(6)			(10)	(11)			(18)	(15)
New Relic	(10)	(8)			(8)	(15)			(5)	(16)			(7)	(15)
Talend SA	(10)	(13)			(5)	(9)			(9)	(8)			(10)	(7)
ICU Medical	(12)	40			1	5			30	(39)			4	46
Lending Club	(13)	(91)			(23)	(7)			(61)	(25)			(31)	(30)
Maxlinear	(14)	(10)			(16)	(15)			(3)	(19)			(0)	10
iRhythm	(15)	(11)			(10)	(7)			(12)	(6)			(11)	(5)
MyoKardia	(16)	(10)			(16)	(17)			(18)	(15)			(18)	(15)
Cerus	(16)	(12)			(14)	(13)			(13)	(13)			(14)	(18)
AnaptysBio	(17)	(7)			(16)	(9)			(14)	(3)			(15)	(11)
ForeScout Technologies	(17)	(34)			(8)	(1)			(20)	(18)			(27)	(26)
Hercules Capital	(17)	18			36	33			52	33			6	(6)
Natus Medical	(18)	3			(4)	9			(6)	(7)			(5)	0
Sabra Health Care REIT	(18)	104			36	15			201	21			63	19
Xencor	(18)	6			3	(22)			(26)	(7)			(29)	(15)
Sangamo Therapeutics	(19)	(13)			(13)	(12)			(17)	(12)			(20)	(17)
Proofpoint	(20)	(20)			(36)	(19)			(34)	(22)			(26)	(19)
Inphi Corp	(21)	(12)			(23)	(59)			(28)	(15)			(31)	(11)
Zogenix	(22)	(40)			(42)	(43)			(29)	(22)			(30)	(21)
Prothena plc	(22)	(47)			(24)	(54)			(62)	(19)			(49)	(37)
CytomX Therapeutics	(23)	0			(21)	(10)			(12)	(25)			(14)	(8)
8X8 Inc	(24)	(18)			(21)	(4)			(15)	(3)			(13)	(3)
SVMK Inc	(26)	(12)			(102)	(12)			(13)	(13)			(14)	(3)
Mirati Therapeutics	(28)	(18)			(28)	(16)			(28)	(18)			(15)	(18)
Puma Biotechnology	(31)	(64)			(14)	(77)			(44)	(78)			(24)	(73)
Pacific Biosciences of California	(31)	(21)			(25)	(22)			(23)	(26)			(24)	(24)
Arlo Technologies	(32)	3			(13)	6			(18)	(2)			(5)	(0)
Flex Ltd	(32)	141			109	218			142	146			16	99
Iovance Biotherapeutics	(33)	(26)			(34)	(22)			(31)	(23)			(27)	(21)
Audentes Therapeutics	(36)	(27)			(36)	(25)			(31)	(23)			(26)	(18)
Callaway Golf	(38)	(23)			11	5			78	48			80	39
LiveRamp Holdings	(38)	(27)			(38)	(38)			(8)	(9)			2	(11)
Revance Therapeutics	(38)	(36)			(33)	(31)			(34)	(27)			(35)	(27)
Zendesk	(38)	(26)			(36)	(26)			(36)	(27)			(32)	(25)
Dynavax Technologies	(40)	(27)			(41)	(22)			(39)	(20)			(39)	(25)
Arena Pharmaceuticals	(42)	(14)			(34)	(35)			(32)	(24)			(31)	(23)
FireEye	(47)	(69)			(48)	(68)			(71)	(67)			(71)	(76)
Sunrun	(47)	(74)			(54)	(68)			(67)	(63)			(83)	(70)
Global Blood Therapeutics	(49)	(41)			(43)	(29)			(40)	(24)			(42)	(23)
Heron Therapeutics	(50)	(62)			(38)	(42)			(39)	(43)			(52)	(50)
Plantronics	(50)	32			(108)	25			15	17			27	24
Theravance Biopharma	(53)	(80)			(60)	(66)			(48)	(66)			(65)	(60)
Aimmune Therapeutics	(57)	(41)			(52)	(32)			(53)	(32)			(50)	(26)
Ligand Pharmaceuticals	(57)	31			79	12			96	8			55	6
Coherus Biosciences	(63)	(49)			(59)	(59)			(44)	(55)			(44)	(75)
Cypress Semiconductor	(64)	(37)			56	18			33	(12)			14	(38)
Acadia Pharmaceuticals	(65)	(69)			(62)	(65)			(63)	(67)			(53)	(88)
Myovant Sciences Ltd	(71)	(42)			(66)	(30)			(62)	(22)			(49)	(22)
Bloom Energy	(72)	(103)			(83)	(76)			(50)	(67)			(22)	(65)
Dermira	(72)	(56)			(67)	(179)			(24)	(39)			(59)	(30)
Atara Biotherapeutics	(80)	(35)			(58)	(31)			(51)	(27)			(41)	(26)
Ultragenyx	(88)	(98)			(87)	(79)			(53)	(73)			30	(68)
Portola Pharmaceuticals	(89)	(92)			(71)	(83)			(106)	(69)			(85)	(42)
Colony Credit Real Estate	(92)	34			(61)	31			16	33			(3)	32
Mercury General	(114)	9			70	58			73	69			(60)	31
Emerald Expositions Events	(120)	(22)			29	33			7	(10)			51	47
Infinera	(130)	(75)			(32)	(37)			(22)	(43)			(27)	(41)
SunPower	(181)	(756)			(110)	(76)			(481)	(107)			(145)	(235)
Tivo Corp	(287)	(6)			(18)	(13)			(19)	(1)			(15)	(29)
Colony Capital	(432)	(386)			(16)	60			(42)	105			(59)	44
United States Oil Fund LP	(764)	325			48	266			253	(259)			171	(253)
Corporate Capital Trust	N/A	N/A			31	45			38	37			73	85
Hortonworks	N/A	N/A			(31)	(45)			(40)	(56)			(42)	(55)
Imperva	N/A	N/A			2	0			(3)	(4)			(10)	24
Mindbody	N/A	N/A			(17)	(4)			(17)	(4)			(4)	(4)
Oclaro	N/A	N/A			13	33			9	30			11	39
Pandora Media	N/A	N/A			(64)	(66)			(99)	(275)			(132)	(132)
Total 222 Mkt Cap $1-10 Bil	2,051	2,065	-1%		3,028	2,138	42%		2,816	1,659	70%		1,487	1,097	36%