0001140361-13-042384.txt : 20131114 0001140361-13-042384.hdr.sgml : 20131114 20131114100140 ACCESSION NUMBER: 0001140361-13-042384 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130930 FILED AS OF DATE: 20131114 DATE AS OF CHANGE: 20131114 EFFECTIVENESS DATE: 20131114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KEELEY ASSET MANAGEMENT CORP CENTRAL INDEX KEY: 0001056504 IRS NUMBER: 363160361 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06810 FILM NUMBER: 131217260 BUSINESS ADDRESS: STREET 1: KELLEY ASSET MANAGEMENT CORP STREET 2: 111 W. JACKSON BLVD, SUITE 810 CITY: CHICAGO STATE: IL ZIP: 60604 BUSINESS PHONE: 3127865000 MAIL ADDRESS: STREET 1: KELLEY ASSET MANAGEMENT CORP STREET 2: 111 W. JACKSON BLVD, SUITE 810 CITY: CHICAGO STATE: IL ZIP: 60604 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001056504 XXXXXXXX 09-30-2013 09-30-2013 KEELEY ASSET MANAGEMENT CORP

KELLEY ASSET MANAGEMENT CORP 111 W. Jackson Blvd, Suite 810 Chicago IL 60604

13F HOLDINGS REPORT 028-06810 N John L. Keeley, Jr. 312-786-5000 /s/ John L. Keeley, Jr. Chicago IL 11-14-2013 0 400 5432667 false INFORMATION TABLE 2 form13fInfoTable.xml ADT Corp COM 00101j106 10678 262607 SH SOLE 227867 0 34740 ADTRAN, Inc. COM 00738a106 1971 74000 SH SOLE 74000 0 0 AFC Enterprises Inc. COM 00104q107 31755 728490 SH SOLE 728490 0 0 ALPS ETF TR ALERIAN MLP COM 00162q866 3682 209331 SH SOLE 209331 0 0 AMC Networks Inc. COM 00164v103 3845 56135 SH SOLE 56135 0 0 ATLAS ENERGY LP COM UNITS LP COM 04930a104 656 12000 SH SOLE 12000 0 0 AVX Corp COM 002444107 1837 139900 SH SOLE 139900 0 0 Aaron's Inc. COM 002535300 35278 1273565 SH SOLE 1219195 0 54370 Access Midstream Partners LP COM 00434L109 439 9080 SH SOLE 9080 0 0 Ace Ltd. COM H0023r105 2704 28905 SH SOLE 28905 0 0 Actuant Corp Cl A COM 00508x203 44732 1151702 SH SOLE 1111202 0 40500 Aflac Inc. COM 001055102 2530 40810 SH SOLE 40810 0 0 Air Lease Corp COM 00912x302 56747 2051594 SH SOLE 1931584 0 120010 Alexandria Real Est Eq Inc COM 015271109 333 5210 SH SOLE 5210 0 0 Allete Inc COM 018522300 43026 890799 SH SOLE 863129 0 27670 Amerco COM 023586100 34540 187585 SH SOLE 185085 0 2500 American Axl&Mfg Holdings COM 024061103 26678 1352825 SH SOLE 1352825 0 0 American Eagle Outfitters COM 02553e106 251 17950 SH SOLE 17950 0 0 American Equity Investment Lif COM 025676206 42100 1983959 SH SOLE 1921769 0 62190 American Water Works COM 030420103 2110 51120 SH SOLE 45590 0 5530 Ameriprise Financial COM 03076c106 3731 40965 SH SOLE 40965 0 0 AmerisourceBergen COM 03073e105 5613 91863 SH SOLE 91863 0 0 Anadarko Pete Corp. COM 032511107 2042 21955 SH SOLE 21955 0 0 Aqua America Inc COM 03836w103 1442 58325 SH SOLE 58325 0 0 Arm Holdings PLC COM 042068106 232 4815 SH SOLE 4815 0 0 Arthur J. Gallagher & Co. COM 363576109 14788 338780 SH SOLE 298430 0 40350 Ashland Inc. COM 044209104 43113 466183 SH SOLE 439453 0 26730 Associated Banc Corp COM 045487105 4883 315250 SH SOLE 189850 0 125400 Atlas Pipeline Partners LP COM 049392103 372 9600 SH SOLE 9600 0 0 Autoliv Inc COM 052800109 466 5330 SH SOLE 5330 0 0 Avago Technologies Ltd. COM Y0486S104 380 8830 SH SOLE 8830 0 0 Avery Dennison Corp COM 053611109 1865 42845 SH SOLE 42845 0 0 Aviv REIT, Inc. COM 05381l101 1595 69960 SH SOLE 69960 0 0 Azz Incorporated COM 002474104 2054 49071 SH SOLE 49071 0 0 BARCLAYS BK PLC IPATH S&P ST E COM 06740c188 514 35000 SH SOLE 35000 0 0 BERKSHIRE HATHAWAY INC CL A COM 084670108 341 2 SH SOLE 2 0 0 BOK Financial Corp COM 05561q201 2141 33790 SH SOLE 33790 0 0 BSB BANCORP INC MD COM COM 05573h108 245 17500 SH SOLE 17500 0 0 Babcock & Wilcox Co. COM 05615F102 52416 1554463 SH SOLE 1451933 0 102530 BancorpSouth, Inc. COM 059692103 46034 2308605 SH SOLE 2246795 0 61810 Bank of America COM 060505104 1939 140500 SH SOLE 140500 0 0 Barclays Bk Plc IPath Index COM 06738c778 991 26600 SH SOLE 26600 0 0 Beam Inc. COM 073730103 1940 30010 SH SOLE 30010 0 0 Bob Evans Farms, Inc. COM 096761101 29456 514330 SH SOLE 514330 0 0 Bonanza Creek Energy Inc COM 097793103 57113 1183441 SH SOLE 1126271 0 57170 Bristow Group Inc. COM 110394103 2309 31730 SH SOLE 31730 0 0 Broadridge Fincl Sol COM 11133t103 55111 1735782 SH SOLE 1610262 0 125520 C I T Group COM 125581801 13476 276310 SH SOLE 234930 0 41380 CBOE Holdings, Inc. COM 12503M108 47520 1050636 SH SOLE 1009216 0 41420 CST Brands, Inc. COM 12646r105 53044 1780001 SH SOLE 1665801 0 114200 Cabot Oil & Gas COM 127097103 357 9560 SH SOLE 9560 0 0 Capitol Federal Financial COM 14057j101 49446 3977972 SH SOLE 3718652 0 259320 Cardinal Health Inc. COM 14149Y108 6430 123300 SH SOLE 117250 0 6050 Carrols Restaurant Gr Inc. COM 14574x104 16492 2707980 SH SOLE 2707980 0 0 Celgene Corp COM 151020104 203 1320 SH SOLE 1320 0 0 Chemed Corporation COM 16359r103 1931 27010 SH SOLE 27010 0 0 Chemtura Corporation COM 163893209 56465 2456086 SH SOLE 2285486 0 170600 Chicago Bridge & Iron COM 167250109 64819 956450 SH SOLE 892490 0 63960 Cigna Corp COM 125509109 626 8150 SH SOLE 8150 0 0 Circor Intl Inc COM 17273k109 11867 190851 SH SOLE 170151 0 20700 Citigroup Inc. COM 172967424 468 9650 SH SOLE 9650 0 0 Clearwater Paper Corp. COM 18538r103 24602 515000 SH SOLE 515000 0 0 Cleco Corp. COM 12561w105 1076 24000 SH SOLE 24000 0 0 Cohu Inc COM 192576106 2174 199310 SH SOLE 199310 0 0 Colfax Corporation COM 194014106 41407 733000 SH SOLE 718500 0 14500 Columbia Banking System,Inc. COM 197236102 2780 112550 SH SOLE 112550 0 0 Comerica COM 200340107 414 10530 SH SOLE 10530 0 0 Communications Systems, Inc. COM 203900105 1340 118470 SH SOLE 118470 0 0 Comverse Inc. COM 20585p105 7484 234253 SH SOLE 209239 0 25014 Conagra Foods, Inc. COM 205887102 382 12600 SH SOLE 12600 0 0 Conmed Corp COM 207410101 2437 71770 SH SOLE 71770 0 0 Continental Resources COM 212015101 5676 52920 SH SOLE 52920 0 0 Copart Inc. COM 217204106 5962 187540 SH SOLE 146790 0 40750 Core-Mark Holding Co. Inc. COM 218681104 28868 434500 SH SOLE 434500 0 0 CoreLogic, Inc. COM 21871d103 26590 983000 SH SOLE 983000 0 0 Corenergy Infrastructure Trust COM 21870u205 2049 292670 SH SOLE 292670 0 0 Corrections Corp America COM 22025Y407 36956 1069633 SH SOLE 1000974 0 68659 Covanta Holding Corp. COM 22282e102 26946 1260314 SH SOLE 1260314 0 0 Covidien Ltd. COM g2554f113 5731 94050 SH SOLE 94050 0 0 Cypress Semi COM 232806109 1318 141020 SH SOLE 141020 0 0 DCP MIDSTREAM PARTNERS COM UT COM 23311p100 775 15600 SH SOLE 15600 0 0 DDR CORP COM COM 23317h102 336 21370 SH SOLE 21370 0 0 Dana Holding Corp. COM 235825205 50525 2212132 SH SOLE 2121972 0 90160 Delphi Automotive PLC COM g27823106 7807 133640 SH SOLE 133640 0 0 Deltic Timber Corp COM 247850100 45255 694729 SH SOLE 653234 0 41495 Deluxe Corp. COM 248019101 1983 47600 SH SOLE 47600 0 0 Denny's Corporation COM 24869p104 49666 8128641 SH SOLE 7929561 0 199080 Destination Maternity Corp. COM 25065D100 1975 62100 SH SOLE 62100 0 0 DineEquity Inc. COM 254423106 39380 570728 SH SOLE 552788 0 17940 Direxion Daily Small Cap Bear COM 25459y488 750 33000 SH SOLE 33000 0 0 Discover Financial Svc COM 254709108 8707 172270 SH SOLE 172270 0 0 Dollar Tree Stores Inc COM 256746108 8296 145135 SH SOLE 145135 0 0 Donegal Group Inc COM 257701201 140 10000 SH SOLE 10000 0 0 Dover Corp. COM 260003108 3527 39265 SH SOLE 39265 0 0 Dril Quip Inc. COM 262037104 42618 371401 SH SOLE 355301 0 16100 Dun & Bradstreet COM 26483e100 804 7740 SH SOLE 7740 0 0 EMC INS GRP INC COM 268664109 226 7500 SH SOLE 7500 0 0 EMERALD OIL INC COM NEW COM 29101u209 79 11000 SH SOLE 11000 0 0 ENBRIDGE ENERGY PRTNRS COM COM 29250r106 729 23950 SH SOLE 23950 0 0 ENERGY TRANSFER PRTNRS UNIT LT COM 29273r109 790 15170 SH SOLE 15170 0 0 EOG Resources Inc COM 26875p101 3367 19890 SH SOLE 19890 0 0 EPIQ Systems Inc. COM 26882D109 2023 153340 SH SOLE 153340 0 0 EPR Properties COM 26884u109 421 8640 SH SOLE 8640 0 0 EQT Corporation COM 26884l109 282 3180 SH SOLE 3180 0 0 ERA Group, Inc. COM 26885g109 3112 114500 SH SOLE 114500 0 0 ETF TR AGRIBUS ETF COM 57060u605 564 10986 SH SOLE 10986 0 0 EXTERRAN PARTNERS LP COM UNITS COM 30225n105 777 26720 SH SOLE 26720 0 0 Eaton Corp COM g29183103 2546 36980 SH SOLE 36980 0 0 Einstein Noah Restaurant Group COM 28257u104 2505 144650 SH SOLE 144650 0 0 El Paso Electric Co. COM 283677854 2217 66370 SH SOLE 66370 0 0 El Paso Pipeline Partners, LP COM 283702108 1160 27470 SH SOLE 27470 0 0 Energen Corp COM 29265N108 11703 153200 SH SOLE 133320 0 19880 Energy Transfer Equity LP COM 29273v100 1367 20780 SH SOLE 20780 0 0 Enpro Industries Inc. COM 29355x107 63453 1053862 SH SOLE 984762 0 69100 Enterprise Products Partners COM 293792107 1591 26060 SH SOLE 26060 0 0 Equity Lifestyles Properties, COM 29472R108 1752 51260 SH SOLE 51260 0 0 Everest RE Group COM G3223R108 364 2500 SH SOLE 2500 0 0 Evertec, Inc. COM 30040p103 27524 1239260 SH SOLE 1239260 0 0 Exco Resources Inc. COM 269279402 25070 3719520 SH SOLE 3578930 0 140590 Exelis Inc. COM 30162a108 191 12170 SH SOLE 12170 0 0 Express Scripts Inc. COM 30219g108 2101 33993 SH SOLE 33993 0 0 Exxon Corp COM 30231G102 433 5037 SH SOLE 5037 0 0 FMC Corp. COM 302491303 2747 38305 SH SOLE 38305 0 0 Fairchild Semiconductor COM 303726103 44516 3204883 SH SOLE 3089493 0 115390 Federal-Mogul Corp. COM 313549404 40149 2391250 SH SOLE 2320080 0 71170 Federated Investors, Inc. COM 314211103 250 9220 SH SOLE 9220 0 0 Fidelity National Info COM 31620m106 5745 123712 SH SOLE 123712 0 0 Fidelity Natl Finl Inc COM 31620r105 10712 402695 SH SOLE 346815 0 55880 Fiesta Restaurant Group,Inc COM 31660b101 35074 932067 SH SOLE 932067 0 0 Financial Select Sector SPDR F COM 81369Y605 2098 105400 SH SOLE 105400 0 0 First American Financial COM 31847R102 19260 790960 SH SOLE 716920 0 74040 First Niagara Financial COM 33582v108 430 41500 SH SOLE 41500 0 0 FirstMerit Corp. COM 337915102 55319 2546929 SH SOLE 2373719 0 173210 Flowers Foods Inc COM 343498101 50855 2371956 SH SOLE 2196060 0 175896 Flowserve Corp. COM 34354p105 516 8265 SH SOLE 8265 0 0 Foot Locker, Inc. COM 344849104 2430 71610 SH SOLE 71610 0 0 Forestar Group, Inc. COM 346233109 49931 2319137 SH SOLE 2168236 0 150901 Fortune Brands Home Security COM 34964c106 51985 1248737 SH SOLE 1171197 0 77540 Foster L B Co. COM 350060109 44397 970642 SH SOLE 936362 0 34280 Frank's International NV COM N33462107 2125 71000 SH SOLE 71000 0 0 Franklin Elec Inc COM 353514102 29381 745708 SH SOLE 745708 0 0 Franklin Financial Corp. COM 35353c102 1049 55345 SH SOLE 55345 0 0 Fresenius Medical Care AG COM 358029106 1295 40000 SH SOLE 40000 0 0 GAMCO Invs Inc COM 361438104 28702 378000 SH SOLE 378000 0 0 GNC Holdings, Inc. COM 36191g107 11449 209580 SH SOLE 184600 0 24980 GOLAR LNG LTD BERMUDA SHS COM G9456A100 497 13200 SH SOLE 13200 0 0 Gannett Co. Inc. COM 364730101 433 16150 SH SOLE 16150 0 0 GenCorp Inc. COM 368682100 32270 2013100 SH SOLE 2013100 0 0 Generac Holdings, Inc. COM 368736104 53924 1264636 SH SOLE 1215716 0 48920 General Electric Co COM 369604103 1087 45493 SH SOLE 45493 0 0 General Motors COM 37045v100 1727 48000 SH SOLE 48000 0 0 Genesee & Wyoming COM 371559105 51970 558993 SH SOLE 518203 0 40790 Genworth Financial COM 37247d106 1792 140000 SH SOLE 140000 0 0 Glacier Bancorp Inc COM 37637q105 30962 1254520 SH SOLE 1254520 0 0 Global Power Equipment Group COM 37941p306 2239 111335 SH SOLE 111335 0 0 Goldman Sachs Group Inc. COM 38141G104 348 2200 SH SOLE 2200 0 0 Goodrich Petroleum COM 382410405 32406 1334118 SH SOLE 1334118 0 0 Great Lakes DRE & Dock Corp COM 390607109 1518 204340 SH SOLE 204340 0 0 Gulfport Energy Corp. COM 402635304 60206 935753 SH SOLE 867163 0 68590 HANNON ARMSTRONG SUST COM COM 41068x100 740 64907 SH SOLE 64907 0 0 HCC Insurance Holdings COM 404132102 28139 642155 SH SOLE 636155 0 6000 HI-CRUSH PARTNERS LP COM UNIT COM 428337109 294 11150 SH SOLE 11150 0 0 Halliburton Co COM 406216101 2223 46170 SH SOLE 46170 0 0 Hanesbrands Inc COM 410345102 66290 1063867 SH SOLE 984917 0 78950 Hanger Inc. COM 41043f208 47849 1417335 SH SOLE 1324865 0 92470 Hanover Ins Group Inc COM 410867105 57650 1042120 SH SOLE 1006310 0 35810 Harsco Corp COM 415864107 5249 210820 SH SOLE 210820 0 0 Hasbro Inc COM 418056107 267 5660 SH SOLE 5660 0 0 Healthcare Realty Trust COM 421946104 288 12459 SH SOLE 12459 0 0 Healthcare Trust of America, I COM 42225p105 414 39380 SH SOLE 39380 0 0 Helix Energy Solution Group In COM 42330p107 53576 2111773 SH SOLE 1964003 0 147770 Herbalife Ltd. COM g4412g101 767 11000 SH SOLE 11000 0 0 Hewlett Packard Co COM 428236103 1942 92520 SH SOLE 92520 0 0 Hill-Rom Holdings Inc COM 431475102 52945 1477670 SH SOLE 1381830 0 95840 Hillshire Brands Co COM 432589109 11280 366952 SH SOLE 311192 0 55760 HollyFontier Corp. COM 436106108 438 10410 SH SOLE 10410 0 0 Home Loan Servicing Solutions COM g6648d109 259 11770 SH SOLE 11770 0 0 HomeFederal Bancorp COM 43710G105 11169 887812 SH SOLE 863125 0 24687 HomeTrust Bancshares, Inc. COM 437872104 17883 1083795 SH SOLE 1083795 0 0 Horizon Bancorp COM 440407104 269 11500 SH SOLE 11500 0 0 Hospitality Properties trust COM 44106m102 249 8800 SH SOLE 8800 0 0 IBM COM 459200101 256 1380 SH SOLE 1380 0 0 IF Bancorp Inc COM 44951j105 284 17643 SH SOLE 17643 0 0 ISHARES INC CORE MSCI EMKT COM 46434g103 341 7000 SH SOLE 7000 0 0 ISHARES TR DJ US UTILS COM 464287697 831 8850 SH SOLE 8850 0 0 ISHARES TR S&P 500 INDEX COM 464287200 370 2190 SH SOLE 2190 0 0 IShares Inc MSCI Canada Index COM 464286509 312 11035 SH SOLE 11035 0 0 IShares TR FTSE Xinhua HK Chin COM 464287184 335 9041 SH SOLE 9041 0 0 IShares Tr Dow Jones US Finl S COM 464287788 744 10154 SH SOLE 10154 0 0 IShares Tr MSCI EAFE Index Fun COM 464287465 616 9650 SH SOLE 9650 0 0 ITT Corp. COM 450911201 76352 2123839 SH SOLE 1990069 0 133770 Iberiabank Corp. COM 450828108 41916 807472 SH SOLE 780412 0 27060 Ingredion Inc. COM 457187102 374 5650 SH SOLE 5650 0 0 Innophos Holdings, Inc. COM 45774N108 2386 45200 SH SOLE 45200 0 0 Interval Leisure Group, Inc. COM 46113m108 2012 85160 SH SOLE 85160 0 0 Invesco Ltd. COM G491BT108 4635 145300 SH SOLE 145300 0 0 Investors Bancorp, Inc. COM 46146p102 27202 1242116 SH SOLE 1242116 0 0 Iron Mountain, Inc. COM 462846106 5314 196670 SH SOLE 146973 0 49697 Ishares Russell 3000 Value COM 464287663 851 7530 SH SOLE 7530 0 0 JP Morgan Chase & Co COM 46625h100 463 8950 SH SOLE 8950 0 0 Jarden Corporation COM 471109108 6467 133608 SH SOLE 130523 0 3085 John Bean Tech, Corp. COM 477839104 55507 2230990 SH SOLE 2105580 0 125410 Jones Group Inc COM 48020t101 2374 158130 SH SOLE 158130 0 0 KMG Chemicals Inc. COM 482564101 2062 93770 SH SOLE 93770 0 0 Kaiser Aluminum Corp COM 483007704 51890 728274 SH SOLE 681914 0 46360 Kaman Corp COM 483548103 30163 796706 SH SOLE 796706 0 0 Kansas City Southern COM 485170302 10315 94320 SH SOLE 75690 0 18630 Koppers Holdings Inc. COM 50060p106 6509 152609 SH SOLE 134689 0 17920 Kraft Foods Group, Inc. COM 50076q106 2288 43597 SH SOLE 43597 0 0 Krispy Kreme Doughnuts Inc COM 501014104 32114 1660500 SH SOLE 1660500 0 0 Lamar Advertising Co Cl A COM 512815101 40669 864750 SH SOLE 809450 0 55300 Legg Mason, Inc. COM 524901105 3258 97440 SH SOLE 97440 0 0 Leidos Holdings Inc. COM 525327102 8721 191582 SH SOLE 168127 0 23455 Lincoln National Corp. COM 534187109 708 16850 SH SOLE 16850 0 0 Linear Technology Group COM 535678106 479 12090 SH SOLE 12090 0 0 Littelfuse Inc. COM 537008104 211 2700 SH SOLE 2700 0 0 MANITEX INTL INC COM COM 563420108 137 12500 SH SOLE 12500 0 0 MARKWEST ENERGY PARTNR UNIT LT COM 570759100 1330 18420 SH SOLE 18420 0 0 MDU Resource Group COM 552690109 371 13280 SH SOLE 13280 0 0 MGM Resorts Int'l COM 552953101 3105 151895 SH SOLE 151895 0 0 MTS Systems Corp. COM 553777103 1573 24440 SH SOLE 24440 0 0 Macquarie Infrastructure COM 55608b105 40977 765350 SH SOLE 740150 0 25200 Madison Square Garden COM 55826p100 37071 638388 SH SOLE 629888 0 8500 Magellan Midstream Partners LP COM 559080106 282 5000 SH SOLE 5000 0 0 Magnum Hunter Res COM 55973b102 80 12997 SH SOLE 12997 0 0 Manitowoc Company Inc. COM 563571108 30456 1557000 SH SOLE 1557000 0 0 Manning & Napier COM 56382Q102 25880 1551559 SH SOLE 1430559 0 121000 Marketaxess Hldgs Inc COM 57060d108 30816 514000 SH SOLE 514000 0 0 Marriott Vacations COM 57164y107 39852 905720 SH SOLE 859770 0 45950 Medical Properties Trust,Inc. COM 58463j304 268 21997 SH SOLE 21997 0 0 Medtronic Inc. COM 585055106 1817 34120 SH SOLE 34120 0 0 Meridian Bioscience Inc COM 589584101 2067 87470 SH SOLE 87470 0 0 MetLife Inc COM 59156r108 354 7536 SH SOLE 7536 0 0 Microsoft Corp COM 594918104 2148 64530 SH SOLE 64530 0 0 Mondelez International Inc. COM 609207105 2036 64800 SH SOLE 64800 0 0 Monotype Imaging Holdings, Inc COM 61022P100 32487 1133547 SH SOLE 1133547 0 0 Morgan Stanley COM 617446448 1779 66000 SH SOLE 66000 0 0 NANOSPHERE INC COM COM 63009f105 52 26000 SH SOLE 26000 0 0 NATURAL RESOURCE PRTNR COM UNI COM 63900p103 512 26870 SH SOLE 26870 0 0 NCR Corp COM 62886e108 19062 481240 SH SOLE 460560 0 20680 NUSTAR GP HOLDINGS LLC UNIT RE COM 67059l102 395 17615 SH SOLE 17615 0 0 National Fuel & Gas Co COM 636180101 378 5500 SH SOLE 5500 0 0 Neenah Paper COM 640079109 2182 55500 SH SOLE 55500 0 0 News Corp/New - Class A COM 65249b109 2498 155520 SH SOLE 155520 0 0 News Corp/New - Class B COM 65249b208 326 19870 SH SOLE 19870 0 0 Nordic American Tanker COM g65773106 827 100380 SH SOLE 100380 0 0 Northern Trust Corp. COM 665859104 2327 42785 SH SOLE 42785 0 0 Northwest Bancshares COM 667340103 22292 1687489 SH SOLE 1443509 0 243980 Northwestern Corporation COM 668074305 12013 267440 SH SOLE 241710 0 25730 NuStar Energy, L.P. COM 67058h102 620 15455 SH SOLE 15455 0 0 OBA Financial Services Inc. COM 67424g101 380 19984 SH SOLE 19984 0 0 OGE Energy Corp. COM 670837103 2336 64720 SH SOLE 64720 0 0 ONEOK PARTNERS LP UNIT LTD PAR COM 68268n103 868 16375 SH SOLE 16375 0 0 Oaktree Capital Group LLC COM 674001201 6303 120400 SH SOLE 118370 0 2030 Oasis Petroleum Inc COM 674215108 60806 1237665 SH SOLE 1147825 0 89840 Oil States International COM 678026105 13178 127370 SH SOLE 107240 0 20130 Omniamercian Bancorp Inc COM 68216r107 269 11000 SH SOLE 11000 0 0 Oriental Financial Group Inc. COM 67103x102 332 20500 SH SOLE 20500 0 0 Oritani Financial Corp. COM 68633d103 11472 696970 SH SOLE 584140 0 112830 Owens & Minor Inc. COM 690732102 1067 30845 SH SOLE 30845 0 0 P.H. Glatfelter Co. COM 377316104 1796 66340 SH SOLE 66340 0 0 PGT, Inc. COM 69336v101 99 10000 SH SOLE 10000 0 0 PNM Resources Inc. COM 69349h107 16518 729930 SH SOLE 604160 0 125770 POWERSHARES ETF TR II BUILD AM COM 73937b407 3419 125295 SH SOLE 125295 0 0 PVH Corp. COM 693656100 2932 24700 SH SOLE 24700 0 0 Partnerre Ltd COM g6852t105 2841 31041 SH SOLE 31041 0 0 Patterson Companies COM 703395103 15565 387330 SH SOLE 349310 0 38020 Penn National Gaming, Inc. COM 707569109 25207 455330 SH SOLE 416550 0 38780 Penske Automotive COM 70959w103 63417 1484125 SH SOLE 1364025 0 120100 Pentair Inc. COM H6169Q108 5308 81733 SH SOLE 81733 0 0 Peoples Bank Bridgeport CT COM 712704105 296 20600 SH SOLE 20600 0 0 Pepsico Inc COM 713448108 2095 26350 SH SOLE 26350 0 0 Perrigo Company COM 714290103 4301 34857 SH SOLE 34857 0 0 Petsmart, Inc. COM 716768106 425 5570 SH SOLE 5570 0 0 Pfizer Inc. COM 717081103 3063 106620 SH SOLE 106620 0 0 Phillips 66 COM 718546104 1743 30142 SH SOLE 30142 0 0 Plains All American Pipeline L COM 726503105 1971 37420 SH SOLE 37420 0 0 Powershares DB Agriculture COM 73936b408 506 20000 SH SOLE 20000 0 0 Powershares QQQ Trust COM 73935a104 8019 101663 SH SOLE 101663 0 0 Prestige Brands Holdings Inc. COM 74112d101 25757 855159 SH SOLE 855159 0 0 Primoris Services Corp COM 74164f103 2885 113210 SH SOLE 113210 0 0 Protective Life Corp. COM 743674103 36389 855210 SH SOLE 825720 0 29490 Provident Financial COM 74386t105 25101 1548500 SH SOLE 1548500 0 0 Prudential Financial Inc. COM 744320102 213 2733 SH SOLE 2733 0 0 Quanta Services Inc COM 74762E102 4372 158910 SH SOLE 158910 0 0 Questar Corp COM 748356102 7089 315210 SH SOLE 300210 0 15000 RBC Bearings Inc. COM 75524b104 30837 468000 SH SOLE 468000 0 0 REVOLUTION LIGHTING TE COM COM 76155G107 43 17000 SH SOLE 17000 0 0 RG Barry Corp COM 068798107 1326 70130 SH SOLE 70130 0 0 RPM International Inc. COM 749685103 497 13730 SH SOLE 13730 0 0 Raymond James Financial COM 754730109 2185 52435 SH SOLE 52435 0 0 Rayonier Inc COM 754907103 9608 172650 SH SOLE 146150 0 26500 Regal Beloit Corp. COM 758750103 14055 206900 SH SOLE 187330 0 19570 Regis Corp. COM 758932107 8446 575355 SH SOLE 523545 0 51810 Reinsurance Group of America COM 759351604 6014 89770 SH SOLE 89770 0 0 Relm Wireless Corp COM 759525108 42 15900 SH SOLE 15900 0 0 Republic Services Inc COM 760759100 308 9220 SH SOLE 9220 0 0 Resource Capital Corp COM 76120w302 299 50400 SH SOLE 50400 0 0 Retail Properties of America I COM 76131v202 317 23050 SH SOLE 23050 0 0 Rexnord Corp. COM 76169B102 35554 1709306 SH SOLE 1686306 0 23000 Richardson Electronics, Ltd. COM 763165107 1332 117130 SH SOLE 117130 0 0 Ritchie Bros. Auctioneers COM 767744105 24966 1237163 SH SOLE 1237163 0 0 Rock-Tenn Company COM 772739207 2735 27010 SH SOLE 27010 0 0 Rockville Financial Inc. COM 774188106 23702 1823195 SH SOLE 1796195 0 27000 Rockwood Holding COM 774415103 4691 70120 SH SOLE 70120 0 0 Roundy's Parent Company,Inc. COM 779268101 1386 161160 SH SOLE 161160 0 0 Ryder Systems COM 783549108 386 6460 SH SOLE 6460 0 0 Ryland Group Inc COM 783764103 13161 324647 SH SOLE 293967 0 30680 Ryman Hospitality Properties COM 78377T107 49864 1444925 SH SOLE 1356591 0 88334 SOLTA MED INC COM COM 83438k103 21 10000 SH SOLE 10000 0 0 SPDR KBW Regional Bank ETF COM 78464a698 620 17380 SH SOLE 17380 0 0 SPDR Trust Ser 1 Unit COM 78462f103 77873 463501 SH SOLE 463501 0 0 SPROTT PHYSICAL GOLD UNIT COM 85207h104 200 18160 SH SOLE 18160 0 0 SUPERVALU, Inc. COM 868536103 107 13010 SH SOLE 13010 0 0 Sabra Health Care REIT COM 78573l106 50177 2180653 SH SOLE 2045133 0 135520 Sally Beauty Holdings COM 79546e104 20344 777677 SH SOLE 655537 0 122140 Sanchez Energy Corp. COM 79970y105 54869 2077595 SH SOLE 1936175 0 141420 Schlumberger Ltd. COM 806857108 225 2550 SH SOLE 2550 0 0 Scotts Co COM 810186106 355 6460 SH SOLE 6460 0 0 Scripps Networks Interactive COM 811065101 4760 60945 SH SOLE 60945 0 0 Si Financial Group Inc. COM 78425v104 244 21500 SH SOLE 21500 0 0 Silvercrest Asset Management G COM 828359109 4752 348620 SH SOLE 348620 0 0 Smith A O Corp COM 831865209 55070 1218365 SH SOLE 1131335 0 87030 Snap On Inc COM 833034101 683 6865 SH SOLE 6865 0 0 Snyder's-Lance, Inc. COM 833551104 33094 1147900 SH SOLE 1134400 0 13500 South Jersey Inds Inc. COM 838518108 26426 451105 SH SOLE 451105 0 0 Spectrum Brands Holdings Inc. COM 84763r101 33065 502200 SH SOLE 502200 0 0 Spirit Realty Capital Inc COM 84860w102 45377 4942999 SH SOLE 4614019 0 328980 Stag Industrial Inc. COM 85254j102 2871 142700 SH SOLE 142700 0 0 Stage Stores Inc COM 85254c305 538 28010 SH SOLE 28010 0 0 Starz COM 85571q102 49397 1756010 SH SOLE 1735340 0 20670 Suburban Propane Partners LP COM 864482104 795 16985 SH SOLE 16985 0 0 Summit Hotel Properties, Inc. COM 866082100 2371 258000 SH SOLE 258000 0 0 Sunoco Logistics Partners LP COM 86764l108 251 3780 SH SOLE 3780 0 0 Suntrust Banks Inc COM 867914103 2126 65570 SH SOLE 65570 0 0 Superior Energy Svcs Inc COM 868157108 9542 381070 SH SOLE 309090 0 71980 Superior Industrials Internati COM 868168105 1539 86290 SH SOLE 86290 0 0 Susser Holdings Corp COM 869233106 220 4130 SH SOLE 4130 0 0 Synergy Resources Corp COM 87164p103 28963 2970554 SH SOLE 2970554 0 0 TEEKAY OFFSHORE PTN LP PARTNER COM y8565j101 794 23810 SH SOLE 23810 0 0 Teekay LNG Partners LP COM Y8564M105 758 17180 SH SOLE 17180 0 0 Teledyne COM 879360105 28858 339780 SH SOLE 339780 0 0 Teleflex Inc. COM 879369106 387 4700 SH SOLE 4700 0 0 Tennant Co COM 880345103 41062 662288 SH SOLE 662288 0 0 Terex Corp. COM 880779103 6502 193500 SH SOLE 153500 0 40000 Territorial Bancorp, Inc. COM 88145x108 3656 166400 SH SOLE 166400 0 0 Textainer Group Hldgs LTD COM g8766e109 1941 51260 SH SOLE 51260 0 0 Timken Co. COM 887389104 5036 83380 SH SOLE 83380 0 0 Titan Intl. Inc. COM 88830m102 1191 81360 SH SOLE 81360 0 0 Toll Brothers, Inc. COM 889478103 3221 99330 SH SOLE 91330 0 8000 Torchmark Corp COM 891027104 2950 40770 SH SOLE 40770 0 0 Total System Services, Inc. COM 891906109 362 12300 SH SOLE 12300 0 0 Trade Street Residential,Inc. COM 89255n203 559 80254 SH SOLE 80254 0 0 Travelers Inc. COM 89417e109 356 4200 SH SOLE 4200 0 0 Treehouse Foods Inc COM 89469a104 28403 425000 SH SOLE 425000 0 0 Trinity Indus Inc. COM 896522109 1682 37085 SH SOLE 37085 0 0 Twenty-First Century Fox,Inc. COM 90130a200 835 25000 SH SOLE 25000 0 0 Tyco Intl Inc. COM h89128104 2915 83335 SH SOLE 83335 0 0 U.S. Physical Therapy, Inc. COM 90337l108 1342 43170 SH SOLE 43170 0 0 UGI Corp. COM 902681105 411 10500 SH SOLE 10500 0 0 UMB Financial Corp COM 902788108 48362 889995 SH SOLE 831185 0 58810 Unilever NV COM 904784709 339 9000 SH SOLE 9000 0 0 Union First Market Bankshares COM 90662p104 19115 817943 SH SOLE 817943 0 0 Union Pacific Corp COM 907818108 2873 18495 SH SOLE 18495 0 0 Unit Corp COM 909218109 2048 44058 SH SOLE 44058 0 0 United Online Inc COM 911268100 25155 3155800 SH SOLE 3155800 0 0 United Rental Inc COM 911363109 2150 36890 SH SOLE 36890 0 0 United Technlogies COM 913017109 332 3075 SH SOLE 3075 0 0 Ur-Energy, Inc. COM 91688R108 18 15650 SH SOLE 15650 0 0 Vail Resorts Inc. COM 91879q109 53771 775017 SH SOLE 724347 0 50670 Valmont Inds. Inc. COM 920253101 21406 154100 SH SOLE 154100 0 0 Vanguard FTSE Europe ETF COM 922042874 846 15515 SH SOLE 15515 0 0 Vanguard Total Bond Index Inst TOTAL BND MKT 921937835 21599 2026198 SH SOLE 2026198 0 0 Vanguard Total Stk Mkt Vipers COM 922908769 294 3350 SH SOLE 3350 0 0 Vectren Corp COM 92240G101 45192 1355095 SH SOLE 1274095 0 81000 Verint Systems Inc. COM 92343X100 47924 1293138 SH SOLE 1243635 0 49503 Viewpoint Finl Group COM 92672a101 54598 2641432 SH SOLE 2471822 0 169610 Virtus Investment Partners COM 92828Q109 813 5000 SH SOLE 5000 0 0 Visa Inc. COM 92826c839 287 1500 SH SOLE 1500 0 0 W.R. Berkley Corp. COM 084423102 28978 676105 SH SOLE 676105 0 0 W.R. Grace COM 38388F108 7542 86290 SH SOLE 82290 0 4000 WEX, Inc. COM 96208t104 62660 714071 SH SOLE 663871 0 50200 WILLIAMS PARTNERS L P COM UNIT COM 96950f104 1244 23530 SH SOLE 23530 0 0 WISDOMTREE TRUST JAPN HEDGE EQ COM 97717w851 279 5820 SH SOLE 5820 0 0 Wabtec Corp. COM 929740108 62167 988813 SH SOLE 917103 0 71710 Waddell & Reed Fin COM 930059100 13551 263236 SH SOLE 237016 0 26220 Walter Investment Management COM 93317w102 57697 1459193 SH SOLE 1369163 0 90030 Waterlink Inc COM 960413102 302 2885 SH SOLE 2885 0 0 Web.Com Group Inc COM 94733a104 1795 55500 SH SOLE 55500 0 0 Weingarten Rlty Invs COM 948741103 224 7650 SH SOLE 7650 0 0 Wendy's/Arby's Group Inc. COM 95058w100 759 89500 SH SOLE 89500 0 0 Westbury Bancorp Inc COM 95727p106 376 26400 SH SOLE 26400 0 0 Willbros Group Inc COM 969203108 92 10000 SH SOLE 10000 0 0 Williams Cos. COM 969457100 2320 63820 SH SOLE 63820 0 0 Wintrust Financial Corp COM 97650W108 59799 1456025 SH SOLE 1369785 0 86240 Wisconsin Energy Corp. COM 976657106 234 5790 SH SOLE 5790 0 0 World Fuel Services Corp. COM 981475106 2451 65690 SH SOLE 65690 0 0 Wright Medical Group, Inc. COM 98235T107 35096 1345690 SH SOLE 1289390 0 56300 Wyndham Worldwide COM 98310w108 10336 169520 SH SOLE 135410 0 34110 Zoetis Inc. CL A COM 98978v103 2537 81519 SH SOLE 81519 0 0