0000950123-11-072051.txt : 20110803
0000950123-11-072051.hdr.sgml : 20110803
20110803122245
ACCESSION NUMBER: 0000950123-11-072051
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110630
FILED AS OF DATE: 20110803
DATE AS OF CHANGE: 20110803
EFFECTIVENESS DATE: 20110803
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: ICON ADVISERS INC/CO
CENTRAL INDEX KEY: 0001058470
IRS NUMBER: 841166639
STATE OF INCORPORATION: CO
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-07066
FILM NUMBER: 111006217
BUSINESS ADDRESS:
STREET 1: 5299 DTC BOULEVARD
STREET 2: SUITE 1200
CITY: GREENWOOD VILLAGE
STATE: CO
ZIP: 80111
BUSINESS PHONE: 3037901600
MAIL ADDRESS:
STREET 1: 5299 DTC BOULEVARD
STREET 2: SUITE 1200
CITY: GREENWOOD VILLAGE
STATE: CO
ZIP: 80111
FORMER COMPANY:
FORMER CONFORMED NAME: MERIDIAN INVESTMENT MANAGEMENT CORP/CO
DATE OF NAME CHANGE: 19990330
13F-HR
1
d83957e13fvhr.txt
FORM 13F-HR
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2011
Check Here if Amendment [ ]: Amendment Number: _________
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: ICON Advisers, Inc.
Address: 5299 DTC Boulevard, Suite 1200
Greenwood Village, CO 80111
13F File Number: 28-7066
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing this report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables are considered integral parts of this submission.
Person Signing this Report on Behalf of Reporting Manager:
Name: Erik L. Jonson
Title: Executive Vice President and Chief Financial Officer
Phone: 303-790-1600
Signature, Place, and Date of Signing:
Greenwood Village,
/s/ Erik L. Jonson Colorado August 3, 2011
------------------------------------- ------------------ -----------------
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT (Check if all holdings of this reporting manager are
reported in this report.
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Table Information Table Entry Total: 364
Form 13F Information Table Value Total: 1,501,593
List of Other Included Managers: 0
ICON Advisers, Inc.
FORM 13F
30-Jun-11
Voting Authority
-----------------
Value Shares/ Sh/ Put/ Invstmt Other
Name of Issuer Title of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
------------------------------ -------------- --------- -------- ------- --- ---- ------- -------- ------- ------ ----
3M Co. COM 88579Y101 4942 52100 SH Sole 52100
A. Schulman Inc. COM 808194104 378 15000 SH Sole 15000
ACE Ltd. COM H0023R105 454 6900 SH Sole 6900
AGL Resources Inc. COM 001204106 989 24300 SH Sole 24300
AMN Healthcare Services Inc. COM 001744101 1543 185500 SH Sole 185500
AT&T Corp. COM 00206R102 2013 64100 SH Sole 64100
Aaron's Inc. COM 002535201 585 20700 SH Sole 20700
Abbott Laboratories COM 002824100 4549 86450 SH Sole 86450
Accenture Plc. COM G1151C101 5441 90045 SH Sole 89865 180
Advance Auto Parts Inc. COM 00751Y106 684 11700 SH Sole 11700
Aeropostale Inc. COM 007865108 812 46400 SH Sole 46400
Aetna Inc. COM 00817Y108 1076 24400 SH Sole 24400
Agrium Inc. COM 008916108 2194 25000 SH Sole 25000
Air Products & Chemicals Inc. COM 009158106 5611 58702 SH Sole 58702
Alcoa Inc. COM 013817101 3172 200000 SH Sole 200000
Allergan Inc. COM 018490102 1548 18600 SH Sole 18600
Alliance Resource Partners L.P COM 01877R108 6576 84900 SH Sole 84900
Allied World Assurance Co. Hol COM G0219G203 685 11900 SH Sole 11900
Alpha Natural Resources Inc COM 02076X102 4799 105616 SH Sole 105186 430
Altria Group Inc. COM 02209S103 1236 46800 SH Sole 46800
Amdocs Ltd. COM G02602103 1854 61000 SH Sole 61000
American Eagle Outfitters Inc. COM 02553E106 309 24200 SH Sole 24200
American Electric Power Co. In COM 025537101 286 7600 SH Sole 7600
American Express Co. COM 025816109 1091 21100 SH Sole 21100
American Financial Group Inc. COM 025932104 625 17500 SH Sole 17500
American States Water Co. COM 029899101 506 14600 SH Sole 14600
American Water Works Co. COM 030420103 866 29420 SH Sole 29420
Ameriprise Financial Inc COM 03076C106 1032 17900 SH Sole 17900
AmerisourceBergen Corp. (Holdi COM 03073E105 2306 55700 SH Sole 55700
Amgen Inc. COM 031162100 3361 57600 SH Sole 57600
Andersons Inc. COM 034164103 384 9100 SH Sole 9100
Anixter International Inc. COM 035290105 1338 20480 SH Sole 20480
Annaly Capital Management Inc. COM 035710409 1764 97810 SH Sole 97810
Anworth Mortgage Asset Corp. COM 037347101 1603 213400 SH Sole 213400
Apache Corp. COM 037411105 18360 148800 SH Sole 148800
Apollo Investment Corp. COM 03761U106 816 79900 SH Sole 79900
Apple Inc. COM 037833100 13341 39743 SH Sole 39683 60
Archer-Daniels-Midland Co. COM 039483102 4572 151640 SH Sole 151330 310
Arrow Electronics Inc. COM 042735100 1426 34370 SH Sole 34370
Arthur J. Gallagher & Co. COM 363576109 551 19300 SH Sole 19300
Ashland Inc. COM 044209104 2262 35000 SH Sole 35000
Assurant Inc COM 04621X108 617 17000 SH Sole 17000
AutoZone Inc. COM 053332102 1858 6300 SH Sole 6300
Automatic Data Processing Inc. COM 053015103 3603 68400 SH Sole 68400
Avery Dennison Corp. COM 053611109 282 7300 SH Sole 7300
Avnet Inc. COM 053807103 727 22800 SH Sole 22800
Avon Products Inc. COM 054303102 406 14500 SH Sole 14500
Baker Hughes Inc. COM 057224107 13155 181300 SH Sole 181300
Bank of America Corp. COM 060505104 1451 132400 SH Sole 132400
Bank of Montreal COM 063671101 445 7000 SH Sole 7000
Bank of New York Mellon Corp. COM 064058100 202 7900 SH Sole 7900
Baxter International Inc. COM 071813109 466 7800 SH Sole 7800
Becton Dickinson & Co. COM 075887109 1181 13700 SH Sole 13700
Bed Bath & Beyond Inc. COM 075896100 4025 68959 SH Sole 68439 520
Best Buy Co. Inc. COM 086516101 358 11400 SH Sole 11400
Big Lots Inc. COM 089302103 1419 42800 SH Sole 42800
Bio-Reference Laboratories Inc COM 09057G602 4764 227936 SH Sole 227086 850
Blackrock Inc. COM 09247X101 518 2700 SH Sole 2700
Boeing Co. COM 097023105 2440 33000 SH Sole 33000
Bristol-Myers Squibb Co. COM 110122108 3968 137000 SH Sole 137000
Brown & Brown Inc. COM 115236101 1057 41200 SH Sole 41200
Buckle Inc. COM 118440106 1618 37900 SH Sole 37900
Bunge Ltd. COM G16962105 925 13420 SH Sole 13420
C.R. Bard Inc. COM 067383109 604 5500 SH Sole 5500
CACI International Inc. (Cl A) COM 127190304 6410 101619 SH Sole 101229 390
CF Industries Holdings Inc. COM 125269100 5072 35800 SH Sole 35800
CIGNA Corp. COM 125509109 1147 22300 SH Sole 22300
CSG Systems International Inc. COM 126349109 477 25800 SH Sole 25800
CSX Corp. COM 126408103 8868 338229 SH Sole 337179 1050
CVS Caremark Corporation COM 126650100 1260 33520 SH Sole 33520
Cabot Corp. COM 127055101 399 10000 SH Sole 10000
Calgon Carbon Corp. COM 129603106 425 25000 SH Sole 25000
Cameron International Corp COM 13342B105 5939 118100 SH Sole 118100
Canadian National Railway Co. COM 136375102 1075 13451 SH Sole 13451
Canadian Pacific Railway Ltd. COM 13645T100 1246 20000 SH Sole 20000
Capital One Financial Corp. COM 14040H105 739 14300 SH Sole 14300
Cardinal Health Inc. COM 14149Y108 2941 64750 SH Sole 64750
Cash America International Inc COM 14754D100 4567 78925 SH Sole 78525 400
Caterpillar Inc. COM 149123101 12621 118555 SH Sole 118305 250
Celgene Corp. COM 151020104 7477 123954 SH Sole 123604 350
Century Aluminum Co. COM 156431108 782 50000 SH Sole 50000
Charles Schwab COM 808513105 357 21700 SH Sole 21700
Chevron Corp. COM 166764100 107650 1046772 SH Sole 1046562 210
Chicago Mercantile Exchange Ho COM 12572Q105 1750 6000 SH Sole 6000
Chubb Corp. COM 171232101 470 7500 SH Sole 7500
Cisco Systems Inc. COM 17275R102 1575 100900 SH Sole 100900
Citigroup Inc. COM 172967101 1657 39790 SH Sole 39790
Cleveland-Cliffs Inc. COM 18683K101 5362 57994 SH Sole 57874 120
Clorox Co. COM 189054109 438 6500 SH Sole 6500
Voting Authority
-----------------
Value Shares/ Sh/ Put/ Invstmt Other
Name of Issuer Title of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
------------------------------ -------------- --------- -------- ------- --- ---- ------- -------- ------- ------ ----
Coca-Cola Co. COM 191216100 1319 19600 SH Sole 19600
Coca-Cola Enterprises Inc. COM 19122T109 884 30300 SH Sole 30300
Cognizant Technology Solutions COM 192446102 1878 25610 SH Sole 25610
Colgate-Palmolive Co. COM 194162103 1274 14570 SH Sole 14570
Comcast Corp. COM 20030N101 11013 434611 SH Sole 433561 1050
ConocoPhillips COM 20825C104 78285 1041165 SH Sole 1041005 160
Consol Energy Inc. COM 20854P109 3844 79300 SH Sole 79300
Convergys Corp. COM 212485106 1207 88500 SH Sole 88500
Cooper Industries Plc COM G24140108 4109 68856 SH Sole 68686 170
Corn Products International In COM 219023108 438 7930 SH Sole 7930
Corning Inc. COM 219350105 5229 288097 SH Sole 286257 1840
Covance Inc. COM 222816100 1241 20900 SH Sole 20900
Cummins Inc. COM 231021106 1035 10000 SH Sole 10000
Cymer Inc. COM 232572107 1471 29710 SH Sole 29710
DIRECTV Group Inc. COM 25490A101 2739 53900 SH Sole 53900
DISH Network Corp. COM 25470M109 1027 33500 SH Sole 33500
Danaher Corp. COM 235851102 3480 65680 SH Sole 65680
Darden Restaurants Inc. COM 237194105 522 10500 SH Sole 10500
Deckers Outdoor Corp. COM 243537107 2018 22900 SH Sole 22900
Deere & Co. COM 244199105 1979 24000 SH Sole 24000
Delphi Financial Group Inc. COM 247131105 719 24600 SH Sole 24600
Deutsche Bank AG COM D18190898 972 16400 SH Sole 16400
Diamond Offshore Drilling Inc. COM 25271C102 4485 63700 SH Sole 63700
Discovery Communications Inc. COM 25470F104 762 18600 SH Sole 18600
Dollar Financial Corp. COM 256664103 1538 71025 SH Sole 70620 405
Dollar Tree Stores Inc. COM 256746108 380 5700 SH Sole 5700
Dover Corp. COM 260003108 5412 79819 SH Sole 79659 160
Dow Chemical Co. COM 260543103 9106 252945 SH Sole 252655 290
Duke Energy Corp. COM 26441C105 964 51200 SH Sole 51200
E.I. DuPont de Nemours & Co. COM 263534109 10518 194600 SH Sole 194600
Eaton Corp. COM 278058102 3785 73560 SH Sole 73340 220
Ecolab Inc. COM 278865100 2255 40000 SH Sole 40000
Edison International COM 281020107 376 9700 SH Sole 9700
Eli Lilly & Co. COM 532457108 3685 98200 SH Sole 98200
Emerson Electric Co. COM 291011104 5494 97678 SH Sole 97328 350
Entergy Corp. COM 29364G103 341 5000 SH Sole 5000
Exelon Corp. COM 30161N101 552 12890 SH Sole 12890
Express Scripts Inc. COM 302182100 1819 33700 SH Sole 33700
Exxon Mobil Corp. COM 30231G102 195394 2401010 SH Sole 2400660 350
Ezcorp Inc. (Cl A) COM 302301106 6550 184110 SH Sole 183520 590
FedEx Corp. COM 31428X106 2371 25000 SH Sole 25000
First Cash Financial Services COM 31942D107 617 14700 SH Sole 14700
First Solar Inc. COM 336433107 569 4300 SH Sole 4300
FirstEnergy Corp. COM 337932107 349 7900 SH Sole 7900
Flextronics International Ltd. COM Y2573F102 1381 215110 SH Sole 215110
Forest Laboratories Inc. COM 345838106 1220 31000 SH Sole 31000
Franklin Resources Inc. COM 354613101 867 6600 SH Sole 6600
Freeport-McMoRan Copper & Gold COM 35671D857 8845 167200 SH Sole 167200
GameStop Corp. COM 36467W109 653 24495 SH Sole 24495
Gap Inc. COM 364760108 795 43900 SH Sole 43900
General Dynamics Corp. COM 369550108 4659 62524 SH Sole 62284 240
General Electric Co. COM 369604103 14634 775917 SH Sole 774547 1370
General Mills Inc. COM 370334104 331 8900 SH Sole 8900
Gentiva Health Services Inc. COM 37247A102 996 47800 SH Sole 47800
Genuine Parts Co. COM 372460105 963 17700 SH Sole 17700
Gildan Activewear Inc. COM 375916103 675 19200 SH Sole 19200
Gilead Sciences Inc. COM 375558103 1913 46200 SH Sole 46200
Goldman Sachs Group Inc. COM 38141G104 785 5900 SH Sole 5900
Google Inc. COM 38259P508 2886 5700 SH Sole 5700
Guess? Inc. COM 401617105 2004 47645 SH Sole 47425 220
H&R Block Inc. COM 093671105 1562 97400 SH Sole 97400
HCC Insurance Holdings Inc. COM 404132102 1490 47300 SH Sole 47300
Halliburton Co. COM 406216101 29830 584900 SH Sole 584900
Hartford Financial Services Gr COM 416515104 738 27980 SH Sole 27810 170
Henry Schein Inc. COM 806407102 1439 20100 SH Sole 20100
Hess Corp. COM 42809H107 17815 238300 SH Sole 238300
Hewlett-Packard Co. COM 428236103 753 20700 SH Sole 20700
Holly Corp. COM 435758305 3074 44300 SH Sole 44300
Home Depot Inc. COM 437076102 1369 37800 SH Sole 37800
Hormel Foods Corp. COM 440452100 462 15500 SH Sole 15500
Hubbell Inc. COM 443510201 455 7000 SH Sole 7000
INVESCO Ltd. COM G491BT108 218 9300 SH Sole 9300
Illinois Tool Works Inc. COM 452308109 5764 102030 SH Sole 101780 250
Imperial Oil Ltd. COM 453038408 5446 116900 SH Sole 116900
Ingersoll-Rand Co. Ltd. COM G47791101 545 12000 SH Sole 12000
Ingram Micro Inc. COM 457153104 1630 89840 SH Sole 89840
Intel Corp. COM 458140100 4480 202169 SH Sole 202169
IntercontinentalExchange Inc. COM 45865V100 1135 9100 SH Sole 9100
International Business Machine COM 459200101 17493 101972 SH Sole 101772 200
J.M. Smucker Co. COM 832696405 887 11600 SH Sole 11600
JPMorgan Chase & Co. COM 46625H100 3181 77700 SH Sole 77700
Johnson & Johnson COM 478160104 7441 111860 SH Sole 111860
Jos. A. Bank Clothiers Inc. COM 480838101 1698 33949 SH Sole 33949
KLA-Tencor Corp. COM 482480100 611 15100 SH Sole 15100
Kellogg Co. COM 487836108 1372 24800 SH Sole 24800
Kennametal Inc. COM 489170100 844 20000 SH Sole 20000
Kimberly-Clark Corp. COM 494368103 2066 31040 SH Sole 31040
Kirby Corp. COM 497266106 4636 81814 SH Sole 81394 420
Koppers Holdings Inc. COM 50060P106 948 25000 SH Sole 25000
Kraft Foods Inc. COM 50075N104 405 11500 SH Sole 11500
Kroger Co. COM 501044101 355 14300 SH Sole 14300
LKQ Corp. COM 501889208 337 12900 SH Sole 12900
Laboratory Corp. of America Ho COM 50540R409 1694 17500 SH Sole 17500
Lender Processing Services Inc COM 52602E102 560 26770 SH Sole 26770
Lincare Holdings Inc. COM 532791100 1922 65660 SH Sole 65660
Linear Technology Corp. COM 535678106 786 23800 SH Sole 23800
Lockheed Martin Corp. COM 539830109 2050 25320 SH Sole 25320
Loews Corp. COM 540424108 206 4900 SH Sole 4900
Lowe's Cos. COM 548661107 958 41100 SH Sole 41100
Voting Authority
-----------------
Value Shares/ Sh/ Put/ Invstmt Other
Name of Issuer Title of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
------------------------------ -------------- --------- -------- ------- --- ---- ------- -------- ------- ------ ----
MEMC Electronic Materials Inc COM 552715104 1164 136500 SH Sole 136500
Manulife Financial Corp. COM 56501R106 874 49500 SH Sole 49500
Marathon Oil Corp. COM 565849106 18849 357800 SH Sole 357800
Mastercard Inc. COM 57636Q104 2296 7620 SH Sole 7620
Mattel Inc. COM 577081102 371 13500 SH Sole 13500
McCormick & Co. Inc. COM 579780206 278 5600 SH Sole 5600
McKesson Corp. COM 58155Q103 1983 23700 SH Sole 23700
Medco Health Solutions Inc. COM 58405U102 1475 26100 SH Sole 26100
Medicis Pharmaceutical Corp. COM 584690309 977 25600 SH Sole 25600
Mednax Inc. COM 58502B106 853 11820 SH Sole 11820
Medtronic Inc. COM 585055106 2504 65000 SH Sole 65000
Merck & Co. Inc. COM 58933Y105 6151 174300 SH Sole 174300
MetLife Inc. COM 59156R108 1163 26500 SH Sole 26500
Methode Electronics Inc. COM 591520200 619 53300 SH Sole 53300
Microsoft Corp. COM 594918104 3843 147820 SH Sole 147820
Monsanto Co. COM 61166W101 13383 184487 SH Sole 184297 190
Moody's Corp. COM 615369105 364 9500 SH Sole 9500
Mosaic Co. COM 61945C103 1421 20980 SH Sole 20980
Multi-Fineline Electronix Inc. COM 62541B101 393 18180 SH Sole 18180
Murphy Oil Corp. COM 626717102 21024 320200 SH Sole 320200
Mylan Inc. COM 628530107 1024 41500 SH Sole 41500
NIKE Inc. COM 654106103 10110 112359 SH Sole 111899 460
Nabors Industries Ltd. COM G6359F103 5455 221400 SH Sole 221400
Nasdaq OMX Group/The COM 631103108 1397 55200 SH Sole 55200
National Oilwell Varco Inc. COM 637071101 16760 214300 SH Sole 214300
Newell Rubbermaid Inc. COM 651229106 538 34100 SH Sole 34100
Nextera Energy COM 65339F101 1103 19200 SH Sole 19200
Noble Corp. COM H5833N103 8083 205100 SH Sole 205100
Norfolk Southern Corp. COM 655844108 18388 245400 SH Sole 245400
Northrop Grumman Corp. COM 666807102 1276 18400 SH Sole 18400
Novellus Systems Inc. COM 670008101 1136 31440 SH Sole 31440
NuCor Corp. COM 670346105 4825 117062 SH Sole 116672 390
O'Reilly Automotive Inc. COM 686091109 806 12300 SH Sole 12300
Occidental Petroleum Corp. COM 674599105 20111 193300 SH Sole 193300
Oracle Corp. COM 68389X105 2682 81500 SH Sole 81500
Oshkosh Truck Corp. COM 688239201 434 15000 SH Sole 15000
PG&E Corp. COM 69331C108 492 11700 SH Sole 11700
PPG Industries Inc. COM 693506107 908 10000 SH Sole 10000
PPL Corp. COM 69351T106 2040 73300 SH Sole 73300
Paccar Inc. COM 693718108 766 15000 SH Sole 15000
Parker Hannifin Corp. COM 701094104 2601 28989 SH Sole 28849 140
Patterson Cos. Inc. COM 703395103 1444 43900 SH Sole 43900
Peabody Energy Corp. COM 704549104 5202 88300 SH Sole 88300
PepsiCo Inc. COM 713448108 2986 42392 SH Sole 42392
Pfizer Inc. COM 717081103 8559 415500 SH Sole 415500
PharMerica Corp COM 71714F104 685 53700 SH Sole 53700
Philip Morris International In COM 718172109 2444 36600 SH Sole 36600
Pitney Bowes Inc. COM 724479100 786 34200 SH Sole 34200
Plexus Corp. COM 729132100 982 28200 SH Sole 28200
Portfolio Recovery Associates COM 73640Q105 1001 11800 SH Sole 11800
Potash Corp. of Saskatchewan I COM 73755L107 2237 39260 SH Sole 39260
Praxair Inc. COM 74005P104 12497 115296 SH Sole 115196 100
Procter & Gamble Co. COM 742718109 2732 42980 SH Sole 42980
Progressive Corp. COM 743315103 385 18000 SH Sole 18000
Protective Life Corp. COM 743674103 967 41800 SH Sole 41800
Protein Design Labs Inc COM 69329Y104 2550 434430 SH Sole 434430
Prudential Financial Inc. COM 744320102 1151 18100 SH Sole 18100
Public Service Enterprise Grou COM 744573106 1128 34550 SH Sole 34550
QUALCOMM Inc. COM 747525103 3453 60800 SH Sole 60800
R.R. Donnelley & Sons Co. COM 257867101 3477 177290 SH Sole 177290
RPM International Inc. COM 749685103 1075 46700 SH Sole 46700
Raytheon Co. COM 755111507 813 16300 SH Sole 16300
Redwood Trust Inc. COM 758075402 862 57000 SH Sole 57000
Reinsurance Group of America I COM 759351604 511 8400 SH Sole 8400
Reliance Steel & Aluminum Co. COM 759509102 1465 29500 SH Sole 29500
Rent-A-Center Inc. COM 76009N100 422 13800 SH Sole 13800
ResMed Inc. COM 761152107 5051 163214 SH Sole 162764 450
Research In Motion Ltd. COM 760975102 681 23600 SH Sole 23280 320
Rock-Tenn Co. COM 772739207 2063 31100 SH Sole 31100
Rockwell Collins Corp. COM 774341101 617 10000 SH Sole 10000
Ross Stores Inc. COM 778296103 5260 65651 SH Sole 65351 300
SAIC Inc. COM 7890X1017 711 42300 SH Sole 42300
SCANA Corp. COM 80589M102 1594 40500 SH Sole 40500
SPX Corp. COM 784635104 827 10000 SH Sole 10000
SUPERVALU Inc. COM 868536103 460 48900 SH Sole 48900
SYNNEX Corp. COM 87162W100 1135 35800 SH Sole 35800
Salix Pharmaceuticals Ltd. COM 795435106 1956 49100 SH Sole 49100
Schlumberger Ltd. COM 806857108 38137 441400 SH Sole 441400
Sempra Energy COM 816851109 1132 21400 SH Sole 21400
Sonoco Products Co. COM 835495102 1393 39200 SH Sole 39200
Southern Co. COM 842587107 2201 54500 SH Sole 54500
Staples Inc. COM 855030102 653 41300 SH Sole 41300
State Street Corp. COM 857477103 888 19700 SH Sole 19700
Steel Dynamics Inc. COM 858119100 5785 355970 SH Sole 354830 1140
Stryker Corp. COM 863667101 1018 17340 SH Sole 17340
Sun Life Financial Inc. COM 866796105 833 27700 SH Sole 27700
Suncor Energy Inc. COM 867229106 12958 331400 SH Sole 331400
Sunoco Inc. COM 86764P109 6820 163500 SH Sole 163500
TD AmeriTrade Holding Corp. COM 87236Y108 353 18100 SH Sole 18100
TE Connectivity Ltd. COM H84989104 1353 36800 SH Sole 36800
TJX Cos. COM 872540109 10367 197353 SH Sole 196793 560
Target Corp. COM 87612E106 3815 81320 SH Sole 81320
Tech Data Corp. COM 878237106 1413 28910 SH Sole 28910
Teradyne Inc. COM 880770102 693 46800 SH Sole 46800
Tesoro Corp. COM 881609101 11269 491900 SH Sole 491900
Tessera Technologies Inc. COM 88164L100 341 19900 SH Sole 19900
Texas Instruments Inc. COM 882508104 1100 33500 SH Sole 33500
The Travelers Companies Inc COM 89417E109 829 14200 SH Sole 14200
Thermo Fisher Scientific Inc COM 883556102 869 13500 SH Sole 13500
Voting Authority
-----------------
Value Shares/ Sh/ Put/ Invstmt Other
Name of Issuer Title of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
------------------------------ -------------- --------- -------- ------- --- ---- ------- -------- ------- ------ ----
Thomas & Betts Corp. COM 884315102 1750 32505 SH Sole 32195 310
Tidewater Inc. COM 886423102 5736 106600 SH Sole 106600
Time Warner Cable COM 88732J207 9274 118840 SH Sole 118440 400
Torchmark Corp. COM 891027104 417 6500 SH Sole 6500
Transocean Inc. COM H8817H100 7308 113200 SH Sole 113200
Tupperware Brands Corp. COM 899896104 901 13360 SH Sole 13360
Tyco International Ltd. COM H89128104 2702 54666 SH Sole 54186 480
U.S. Bancorp COM 902973304 548 21500 SH Sole 21500
UBS AG COM H89231338 393 21500 SH Sole 21500
UGI Corp. COM 902681105 874 27400 SH Sole 27400
Union Pacific Corp. COM 907818108 22326 213853 SH Sole 213573 280
Unit Corp. COM 909218109 7507 123200 SH Sole 123200
United Online Inc. COM 911268100 490 81300 SH Sole 81300
United Parcel Service Inc. COM 911312106 4193 57500 SH Sole 57500
United Stationers Inc. COM 913004107 709 20000 SH Sole 20000
United Technologies Corp. COM 913017109 6280 70950 SH Sole 70950
United Therapeutics Corp. COM 91307C102 1499 27200 SH Sole 27200
UnitedHealth Group Inc. COM 91324P102 3608 69940 SH Sole 69940
Urban Outfitters Inc. COM 917047102 583 20700 SH Sole 20700
VF Corp. COM 918204108 1747 16093 SH Sole 15973 120
Valero Energy Corp. COM 91913Y100 27806 1087442 SH Sole 1087012 430
Valmont Industries Inc. COM 920253101 1088 11290 SH Sole 11290
Valspar Corp. COM 920355104 2164 60000 SH Sole 60000
Varian Medical Systems Inc. COM 92220P105 1505 21500 SH Sole 21500
Vectren Corp. COM 92240G101 540 19400 SH Sole 19400
Verizon Communications Inc. COM 92343V104 2755 74000 SH Sole 74000
Viacom Inc. COM 92553P201 2842 55729 SH Sole 55489 240
Visa Inc. COM 92826C839 1812 21500 SH Sole 21500
W.W. Grainger Inc. COM 384802104 5624 36600 SH Sole 36420 180
WGL Holdings Inc. COM 92924F106 446 11600 SH Sole 11600
Wal-Mart Stores Inc. COM 931142103 2960 55700 SH Sole 55700
Walgreen Co. COM 931422109 1611 37940 SH Sole 37940
Walt Disney Co. COM 254687106 2170 55586 SH Sole 55346 240
Walter Energy Inc. COM 93317Q105 2011 17362 SH Sole 17282 80
Waters Corp. COM 941848103 852 8900 SH Sole 8900
Watson Pharmaceuticals Inc. COM 942683103 3210 46700 SH Sole 46700
Weatherford International Ltd. COM G95089101 3097 165200 SH Sole 165200
WellPoint Inc. COM 94973V107 1764 22400 SH Sole 22400
Wells Fargo & Co. COM 949746101 2649 94400 SH Sole 94400
Whirlpool Corp. COM 963320106 537 6600 SH Sole 6600
Willis Group Holdings Ltd. COM G96666105 1065 25900 SH Sole 25900
Wolverine World Wide Inc. COM 978097103 3265 78212 SH Sole 78052 160
World Acceptance Corp. COM 981419104 1414 21560 SH Sole 21560
World Fuel Services Corp. COM 981475106 14911 415000 SH Sole 415000
eBay Inc. COM 278642103 745 23100 SH Sole 23100
Omnicare Inc. 4% 6/15/33 serie PFD 68214Q200 428 8900 SH Sole 8900
ASTRAZENECA PLC -SPON ADR ADR 046353108 1071 21400 SH Sole 21400
Allianz Se - ADR ADR 018805101 846 60584 SH Sole 60584
ArcelorMittal (Cl A)(ADS) ADR 03938L104 1912 55000 SH Sole 55000
Australia & New Zealand Bankin ADR 052528304 535 22700 SH Sole 22700
BP PLC (ADS) ADR 055622104 7517 169731 SH Sole 169731
Baidu.com Inc. (ADS) ADR 056752108 2402 17143 SH Sole 17143
CHINA PETROLEUM & CHEMICAL -AD ADR 16941R108 8254 81372 SH Sole 81372
Credit Suisse Group (ADS) ADR 225401108 577 14800 SH Sole 14800
E.ON AG ADS ADR 268780103 511 18000 SH Sole 18000
ENI S P A -SPON ADR ADR 26874R108 8720 183389 SH Sole 183389
ENSCO PLC ADS ADR 29358Q109 7713 144700 SH Sole 144700
FRANCE TELECOM ADR ADR 35177Q105 1141 53600 SH Sole 53600
GLAXOSMITHKLINE PLC -SPON ADR ADR 37733W105 2177 50751 SH Sole 50751
HITACHI LTD -ADR ADR 433578507 225 3781 SH Sole 3781
Infosys Technologies Ltd. ADS ADR 456788108 1252 19188 SH Sole 19188
National Australia Bank Ltd. ADR 632525408 669 24400 SH Sole 24400
Nestle S A Sponsored ADR ADR 641069406 1019 16413 SH Sole 16413
OIL CO LUKOIL - ADR ADR 677862104 637 10000 SH Sole 10000
POSCO (ADR) ADR 693483109 2275 20944 SH Sole 20944
RIO TINTO PLC ADR ADR 767204100 201 2782 SH Sole 2782
Repsol YPF SA - Sonsored ADR ADR 76026T205 6404 184500 SH Sole 184500
SANOFI-AVENTIS-ADR ADR 80105N105 578 14387 SH Sole 14387
SIEMENS A G -SPON ADR ADR 826197501 15186 110417 SH Sole 110337 80
SK TELECOM LTD -ADR ADR 78440P108 701 37500 SH Sole 37500
TELEFONOS DE MEXICO S.A.B. DE ADR 879403780 229 13900 SH Sole 13900
TEVA PHARM INDS -ADR ADR 881624209 1205 25000 SH Sole 25000
Unilever PLC (ADS) ADR 904767704 1040 32100 SH Sole 32100
United Overseas Bank Ltd. (ADR ADR 911271302 996 31078 SH Sole 31078
VALE S.A. ADR ADR 91912E105 479 15000 SH Sole 15000
SPDR S&P China ETF (GXC) 78463X400 390 4976 SH Sole 4976
iShares MSCI Korea Index Fund 464286772 306 4715 SH Sole 4715
REPORT SUMMARY 364 DATA RECORDS 1501593 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED