0001140361-11-026871.txt : 20110512
0001140361-11-026871.hdr.sgml : 20110512
20110512141308
ACCESSION NUMBER: 0001140361-11-026871
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110512
DATE AS OF CHANGE: 20110512
EFFECTIVENESS DATE: 20110512
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Bridgewater Associates, LP
CENTRAL INDEX KEY: 0001350694
IRS NUMBER: 132871809
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11794
FILM NUMBER: 11835190
BUSINESS ADDRESS:
STREET 1: ONE GLENDINNING PLACE
CITY: WESTPORT
STATE: CT
ZIP: 06880
BUSINESS PHONE: 203-226-3030
MAIL ADDRESS:
STREET 1: ONE GLENDINNING PLACE
CITY: WESTPORT
STATE: CT
ZIP: 06880
FORMER COMPANY:
FORMER CONFORMED NAME: Bridgewater Associates, Inc.
DATE OF NAME CHANGE: 20060123
13F-HR
1
form13fhr.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3/31/2011
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: Bridgewater Associates, LP
Address: One Glendinning Place
Westport, CT 06880
Form 13F File Number: 28-11794
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the 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 form.
Persons Signing this Report on Behalf of Reporting Manager:
Name: Helene Glotzer
Title: Chief Compliance Officer
Phone: 203-226-3030
Signature, Place, and Date of Signing:
/s/ Helene Glotzer Westport, CT 5/12/2011
--------------------------------- --------------------------------- ----------
[Signature] [City, State] [Date]
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here 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).)
List of Other Managers Reporting for this Manager:
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 369
Form 13F Information Table Value Total: $ 5,946,354
--------------
(In Thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
--------------------------------------- -------------- --------- ------------ ----------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------------------------------- -------------- --------- ------------ -------- --- ---- ---------- -------- ---- ------ ----
3M CO COM 88579Y101 12,744.61 136306 SH SOLE N/A SOLE 0 0
ABBOTT LABORATORIES COM 002824100 4,483.17 91400 SH SOLE N/A SOLE 0 0
Activision Blizzard Inc COM 00507V109 2,082.11 189800 SH SOLE N/A SOLE 0 0
ADOBE SYSTEMS INC COM 00724F101 3,609.00 108836 SH SOLE N/A SOLE 0 0
Advance Auto Parts Inc COM 00751Y106 4,140.62 63100 SH SOLE N/A SOLE 0 0
AEROPOSTALE INC COM 007865108 758.88 31204 SH SOLE N/A SOLE 0 0
AETNA INC COM 00817Y108 2,754.17 73582 SH SOLE N/A SOLE 0 0
AFLAC INC COM 001055102 11,731.09 222264 SH SOLE N/A SOLE 0 0
ALCOA INC COM 013817101 17,476.34 989600 SH SOLE N/A SOLE 0 0
ALLERGAN INC COM 018490102 2,940.23 41400 SH SOLE N/A SOLE 0 0
Altera Corp COM 021441100 2,135.63 48515 SH SOLE N/A SOLE 0 0
ALTRIA GROUP INC COM 02209S103 1,319.72 50700 SH SOLE N/A SOLE 0 0
Ameren Corp COM 023608102 5,417.79 193010 SH SOLE N/A SOLE 0 0
American Eagle Outfitters Inc COM 02553E106 14,564.95 916611 SH SOLE N/A SOLE 0 0
AMERICAN EXPRESS CO COM 025816109 12,069.62 267027 SH SOLE N/A SOLE 0 0
AMERISOURCEBERGEN CORP COM 03073E105 4,335.18 109585 SH SOLE N/A SOLE 0 0
AMGEN INC COM 031162100 7,130.07 133397 SH SOLE N/A SOLE 0 0
Analog Devices Inc COM 032654105 12,421.59 315429 SH SOLE N/A SOLE 0 0
ANIXTER INTERNATIONAL INC COM 035290105 11,398.64 163094 SH SOLE N/A SOLE 0 0
Ansys Inc COM 03662Q105 7,255.88 133897 SH SOLE N/A SOLE 0 0
APACHE CORP COM 037411105 1,976.63 15098 SH SOLE N/A SOLE 0 0
Apple Inc COM 037833100 2,335.00 6700 SH SOLE N/A SOLE 0 0
APPLIED MATERIALS INC COM 038222105 32,966.42 2110526 SH SOLE N/A SOLE 0 0
ARROW ELECTRONICS INC COM 042735100 4,710.41 112474 SH SOLE N/A SOLE 0 0
ASSOCIATED BANC-CORP COM 045487105 1,013.72 68264 SH SOLE N/A SOLE 0 0
Assurant Inc COM 04621X108 225.40 5853 SH SOLE N/A SOLE 0 0
AT&T Inc COM 00206R102 4,477.91 146289 SH SOLE N/A SOLE 0 0
ATMOS ENERGY CORP COM 049560105 5,023.65 147321 SH SOLE N/A SOLE 0 0
AUTODESK INC COM 052769106 2,304.79 52251 SH SOLE N/A SOLE 0 0
Autoliv Inc COM 052800109 6,429.21 86612 SH SOLE N/A SOLE 0 0
AUTOZONE INC COM 053332102 285.05 1042 SH SOLE N/A SOLE 0 0
AVERY DENNISON CORP COM 053611109 2,999.09 71475 SH SOLE N/A SOLE 0 0
AVNET INC COM 053807103 11,563.53 339206 SH SOLE N/A SOLE 0 0
AVX CORP COM 002444107 1,275.68 85559 SH SOLE N/A SOLE 0 0
BANK OF MONTREAL COM 063671101 1,631.56 25200 SH SOLE N/A SOLE 0 0
BANK OF NOVA SCOTIA COM 064149107 715.53 11700 SH SOLE N/A SOLE 0 0
Baxter International Inc COM 071813109 2,005.62 37300 SH SOLE N/A SOLE 0 0
BCE INC COM NEW 05534B760 304.14 8400 SH SOLE N/A SOLE 0 0
BE Aerospace Inc COM 073302101 1,728.93 48661 SH SOLE N/A SOLE 0 0
BECTON DICKINSON & CO COM 075887109 9,124.45 114600 SH SOLE N/A SOLE 0 0
BED BATH & BEYOND INC COM 075896100 1,202.26 24907 SH SOLE N/A SOLE 0 0
Bemis Co Inc COM 081437105 229.24 6987 SH SOLE N/A SOLE 0 0
BERKSHIRE HATHAWAY INC-CL B CL B NEW 084670702 8,018.44 95880 SH SOLE N/A SOLE 0 0
BEST BUY CO INC COM 086516101 4,112.70 143200 SH SOLE N/A SOLE 0 0
BIG LOTS INC COM 089302103 2,376.45 54719 SH SOLE N/A SOLE 0 0
BMC SOFTWARE INC COM 055921100 2,486.60 49992 SH SOLE N/A SOLE 0 0
BRINKER INTERNATIONAL INC COM 109641100 3,013.00 119091 SH SOLE N/A SOLE 0 0
Broadcom Corp CL A 111320107 6,940.33 176240 SH SOLE N/A SOLE 0 0
Brocade Communications Systems Inc COM NEW 111621306 1,909.58 310500 SH SOLE N/A SOLE 0 0
CA INC COM 12673P105 10,631.03 439662 SH SOLE N/A SOLE 0 0
CABOT CORP COM 127055101 8,581.29 185381 SH SOLE N/A SOLE 0 0
CACI International Inc CL A 127190304 9,018.76 147077 SH SOLE N/A SOLE 0 0
Cadence Design Systems Inc COM 127387108 12,988.90 1332195 SH SOLE N/A SOLE 0 0
CAMPBELL SOUP CO COM 134429109 5,257.24 158781 SH SOLE N/A SOLE 0 0
Canadian Imperial Bank of COM 136069101 498.46 5800 SH SOLE N/A SOLE 0 0
Commerce/Canada
Canadian National Railway Co COM 136375102 3,571.96 47500 SH SOLE N/A SOLE 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 3,734.00 71863 SH SOLE N/A SOLE 0 0
CAPITALSOURCE INC COM 14055X102 2,685.09 381405 SH SOLE N/A SOLE 0 0
CARDINAL HEALTH INC COM 14149Y108 904.86 22000 SH SOLE N/A SOLE 0 0
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
--------------------------------------- -------------- --------- ------------ ----------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------------------------------- -------------- --------- ------------ -------- --- ---- ---------- -------- ---- ------ ----
CAREFUSION CORP COM 14170T101 415.95 14750 SH SOLE N/A SOLE 0 0
CARLISLE COS INC COM 142339100 10,555.99 236947 SH SOLE N/A SOLE 0 0
CBS CORP CL B 124857202 10,023.54 400301 SH SOLE N/A SOLE 0 0
CELGENE CORP COM 151020104 2,902.30 50409 SH SOLE N/A SOLE 0 0
CENOVUS ENERGY INC-W/I COM 15135U109 740.21 18800 SH SOLE N/A SOLE 0 0
CEPHALON INC COM 156708109 19,070.29 250661 SH SOLE N/A SOLE 0 0
Chevron Corp COM 166764100 12,730.58 118435 SH SOLE N/A SOLE 0 0
CHICO'S FAS INC COM 168615102 4,652.38 312450 SH SOLE N/A SOLE 0 0
CHURCH & DWIGHT CO INC COM 171340102 653.60 8238 SH SOLE N/A SOLE 0 0
CIGNA CORP COM 125509109 535.79 12100 SH SOLE N/A SOLE 0 0
CINTAS CORP COM 172908105 929.58 30702 SH SOLE N/A SOLE 0 0
CISCO SYSTEMS INC COM 17275R102 4,714.19 274880 SH SOLE N/A SOLE 0 0
CLARCOR INC COM 179895107 4,689.34 104370 SH SOLE N/A SOLE 0 0
Cliffs Natural Resources Inc COM 18683K101 15,848.14 161255 SH SOLE N/A SOLE 0 0
CME GROUP INC COM 12572Q105 4,759.36 15783 SH SOLE N/A SOLE 0 0
CNA FINANCIAL CORP COM 126117100 2,627.82 88928 SH SOLE N/A SOLE 0 0
COLGATE-PALMOLIVE CO COM 194162103 5,280.90 65390 SH SOLE N/A SOLE 0 0
Comcast Corp CL A 20030N101 4,128.26 167001 SH SOLE N/A SOLE 0 0
COMERICA INC COM 200340107 501.41 13655 SH SOLE N/A SOLE 0 0
COMMUNITY HEALTH SYSTEMS INC COM 203668108 10,285.83 257210 SH SOLE N/A SOLE 0 0
COMPUTER SCIENCES CORP COM 205363104 26,236.57 538407 SH SOLE N/A SOLE 0 0
COMPUWARE CORP COM 205638109 359.21 31100 SH SOLE N/A SOLE 0 0
CONOCOPHILLIPS COM 20825C104 4,136.75 51800 SH SOLE N/A SOLE 0 0
Constellation Brands Inc CL A 21036P108 7,539.72 371781 SH SOLE N/A SOLE 0 0
CONVERGYS CORP COM 212485106 385.58 26851 SH SOLE N/A SOLE 0 0
Cooper Cos Inc/The COM NEW 216648402 8,525.89 122763 SH SOLE N/A SOLE 0 0
Cooper Industries PLC SHS G24140108 1,256.46 19360 SH SOLE N/A SOLE 0 0
CORNING INC COM 219350105 2,512.73 121800 SH SOLE N/A SOLE 0 0
Corporate Office Properties Trust SBI SH BEN INT 22002T108 1,190.02 32928 SH SOLE N/A SOLE 0 0
MD
COSTCO WHOLESALE CORP COM 22160K105 15,558.58 212201 SH SOLE N/A SOLE 0 0
Covidien Plc SHS G2554F105 1,620.53 31200 SH SOLE N/A SOLE 0 0
CR Bard Inc COM 067383109 2,559.71 25762 SH SOLE N/A SOLE 0 0
Crown Holdings Inc COM 228368106 2,491.65 64584 SH SOLE N/A SOLE 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 14,346.98 740298 SH SOLE N/A SOLE 0 0
DANAHER CORP COM 235851102 1,213.37 23379 SH SOLE N/A SOLE 0 0
DAVITA INC COM 23918K108 3,391.07 39657 SH SOLE N/A SOLE 0 0
DELL INC COM 24702R101 15,031.63 1035950 SH SOLE N/A SOLE 0 0
Delta Air Lines COM NEW 247361702 3,551.52 362400 SH SOLE N/A SOLE 0 0
Denbury Resources Inc COM NEW 247916208 11,016.48 451495 SH SOLE N/A SOLE 0 0
Devon Energy Corp COM 25179M103 3,039.51 33121 SH SOLE N/A SOLE 0 0
DEVRY INC COM 251893103 6,954.02 126276 SH SOLE N/A SOLE 0 0
Dick's Sporting Goods Inc COM 253393102 3,264.37 81650 SH SOLE N/A SOLE 0 0
Digital River Inc COM 25388B104 270.43 7225 SH SOLE N/A SOLE 0 0
Dillard's Inc CL A 254067101 14,421.13 359450 SH SOLE N/A SOLE 0 0
DIRECTV COM CL A 25490A101 1,898.77 40572 SH SOLE N/A SOLE 0 0
DISH NETWORK CORP CL A 25470M109 7,762.83 318671 SH SOLE N/A SOLE 0 0
DOLLAR TREE INC COM 256746108 3,975.07 71597 SH SOLE N/A SOLE 0 0
DOVER CORP COM 260003108 615.72 9366 SH SOLE N/A SOLE 0 0
Dow Chemical Co/The COM 260543103 11,672.11 309195 SH SOLE N/A SOLE 0 0
DPL Inc COM 233293109 6,049.52 220705 SH SOLE N/A SOLE 0 0
DR HORTON INC COM 23331A109 817.83 70200 SH SOLE N/A SOLE 0 0
DTE Energy Co COM 233331107 4,420.60 90290 SH SOLE N/A SOLE 0 0
DUN & BRADSTREET CORP COM 26483E100 4,289.47 53458 SH SOLE N/A SOLE 0 0
E*TRADE FINANCIAL CORP COM NEW 269246401 202.56 12960 SH SOLE N/A SOLE 0 0
Eagle Materials Inc COM 26969P108 7,689.34 254109 SH SOLE N/A SOLE 0 0
Eastman Chemical Co COM 277432100 17,293.20 174116 SH SOLE N/A SOLE 0 0
EATON VANCE CORP COM NON VTG 278265103 261.72 8118 SH SOLE N/A SOLE 0 0
EBAY INC COM 278642103 544.75 17550 SH SOLE N/A SOLE 0 0
ECOLAB INC COM 278865100 3,568.13 69936 SH SOLE N/A SOLE 0 0
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
--------------------------------------- -------------- --------- ------------ ----------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------------------------------- -------------- --------- ------------ -------- --- ---- ---------- -------- ---- ------ ----
EI Du Pont de Nemours & Co COM 263534109 725.60 13200 SH SOLE N/A SOLE 0 0
Elan Corp PLC ADR 284131208 5,631.13 818478 SH SOLE N/A SOLE 0 0
ELI LILLY & CO COM 532457108 10,380.78 295160 SH SOLE N/A SOLE 0 0
EMERSON ELECTRIC CO COM 291011104 1,490.08 25502 SH SOLE N/A SOLE 0 0
ENBRIDGE INC COM 29250N105 696.36 11400 SH SOLE N/A SOLE 0 0
ENCANA CORP COM 292505104 599.77 17400 SH SOLE N/A SOLE 0 0
Endo Pharmaceuticals Holdings Inc COM 29264F205 13,352.41 349906 SH SOLE N/A SOLE 0 0
ENERGIZER HOLDINGS INC COM 29266R108 2,810.11 39490 SH SOLE N/A SOLE 0 0
ENTERGY CORP COM 29364G103 15,182.74 225900 SH SOLE N/A SOLE 0 0
EXELON CORP COM 30161N101 3,200.22 77600 SH SOLE N/A SOLE 0 0
EXPRESS SCRIPTS INC COM 302182100 5,071.08 91190 SH SOLE N/A SOLE 0 0
EXXON MOBIL CORP COM 30231G102 20,805.35 247300 SH SOLE N/A SOLE 0 0
F5 Networks Inc COM 315616102 684.45 6673 SH SOLE N/A SOLE 0 0
FACTSET RESEARCH SYSTEMS INC COM 303075105 617.91 5900 SH SOLE N/A SOLE 0 0
FAIR ISAAC CORP COM 303250104 2,674.87 84621 SH SOLE N/A SOLE 0 0
FASTENAL CO COM 311900104 13,976.57 215588 SH SOLE N/A SOLE 0 0
FEDEX CORP COM 31428X106 13,312.17 142300 SH SOLE N/A SOLE 0 0
FIFTH THIRD BANCORP COM 316773100 2,173.00 156500 SH SOLE N/A SOLE 0 0
FIRST HORIZON NATIONAL CORP COM 320517105 2,090.01 186442 SH SOLE N/A SOLE 0 0
FIRSTENERGY CORP COM 337932107 4,899.48 132097 SH SOLE N/A SOLE 0 0
FISERV INC COM 337738108 714.76 11396 SH SOLE N/A SOLE 0 0
FOOT LOCKER INC COM 344849104 5,202.14 263800 SH SOLE N/A SOLE 0 0
FRANKLIN RESOURCES INC COM 354613101 809.52 6472 SH SOLE N/A SOLE 0 0
FREEPORT-MCMORAN COPPER COM 35671D857 11,126.67 200300 SH SOLE N/A SOLE 0 0
GAMMON GOLD INC COM 36467T106 103.73 10000 SH SOLE N/A SOLE 0 0
Gannett Co Inc COM 364730101 1,451.42 95300 SH SOLE N/A SOLE 0 0
GAP INC/THE COM 364760108 10,639.37 469522 SH SOLE N/A SOLE 0 0
GENERAL DYNAMICS CORP COM 369550108 4,463.45 58300 SH SOLE N/A SOLE 0 0
GENERAL ELECTRIC CO COM 369604103 36,704.53 1830650 SH SOLE N/A SOLE 0 0
GENERAL MILLS INC COM 370334104 4,396.97 120300 SH SOLE N/A SOLE 0 0
GENUINE PARTS CO COM 372460105 15,516.34 289268 SH SOLE N/A SOLE 0 0
GILDAN ACTIVEWEAR INC COM 375916103 3,882.84 118700 SH SOLE N/A SOLE 0 0
GILEAD SCIENCES INC COM 375558103 1,020.89 24038 SH SOLE N/A SOLE 0 0
GOODYEAR TIRE & RUBBER CO COM 382550101 12,517.69 835627 SH SOLE N/A SOLE 0 0
Google Inc CL A 38259P508 610.23 1040 SH SOLE N/A SOLE 0 0
Granite Construction Inc COM 387328107 3,917.59 139416 SH SOLE N/A SOLE 0 0
Guess ? Inc COM 401617105 1,045.18 26561 SH SOLE N/A SOLE 0 0
HARSCO CORP COM 415864107 5,434.13 153985 SH SOLE N/A SOLE 0 0
Health Management Associates Inc CL A 421933102 4,049.74 371536 SH SOLE N/A SOLE 0 0
HENRY SCHEIN INC COM 806407102 1,326.91 18910 SH SOLE N/A SOLE 0 0
HEWLETT-PACKARD CO COM 428236103 11,795.26 287900 SH SOLE N/A SOLE 0 0
HJ HEINZ CO COM 423074103 6,200.14 127000 SH SOLE N/A SOLE 0 0
Holly Corp COM PAR $0.01 435758305 2,895.94 47662 SH SOLE N/A SOLE 0 0
HOME DEPOT INC COM 437076102 2,686.11 72480 SH SOLE N/A SOLE 0 0
HONEYWELL INTERNATIONAL INC COM 438516106 3,815.53 63901 SH SOLE N/A SOLE 0 0
HORMEL FOODS CORP COM 440452100 1,111.43 39922 SH SOLE N/A SOLE 0 0
HUMANA INC COM 444859102 1,514.20 21650 SH SOLE N/A SOLE 0 0
Huntington Bancshares Inc/OH COM 446150104 646.94 97431 SH SOLE N/A SOLE 0 0
IDEX CORP COM 45167R104 1,948.58 44641 SH SOLE N/A SOLE 0 0
IDEXX LABORATORIES INC COM 45168D104 4,027.02 52150 SH SOLE N/A SOLE 0 0
Illinois Tool Works Inc COM 452308109 16,999.80 316452 SH SOLE N/A SOLE 0 0
IMPERIAL OIL LTD COM NEW 453038408 1,558.39 30600 SH SOLE N/A SOLE 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 7,235.71 143253 SH SOLE N/A SOLE 0 0
INTEL CORP COM 458140100 10,761.17 533259 SH SOLE N/A SOLE 0 0
International Flavors & Fragrances Inc COM 459506101 2,326.22 37339 SH SOLE N/A SOLE 0 0
INTERPUBLIC GROUP OF COS INC COM 460690100 9,151.21 728020 SH SOLE N/A SOLE 0 0
INTUIT INC COM 461202103 7,885.08 148467 SH SOLE N/A SOLE 0 0
ISHARES IBOXX INV GR CORP BD IBOXX INV CPBD 464287242 30,255.53 279626 SH SOLE N/A SOLE 0 0
ISHARES MSCI EMERGING MKT MSCI EMERG MKT 464287234 513,219.02 10685200 SH SOLE N/A SOLE 0 0
ISHARES S&P 500 INDEX FUND S&P 500 INDEX 464287200 23,276.75 175000 SH SOLE N/A SOLE 0 0
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
--------------------------------------- -------------- --------- ------------ ----------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------------------------------- -------------- --------- ------------ -------- --- ---- ---------- -------- ---- ------ ----
ITT EDUCATIONAL SERVICES INC COM 45068B109 11,765.86 163075 SH SOLE N/A SOLE 0 0
JABIL CIRCUIT INC COM 466313103 12,727.79 622995 SH SOLE N/A SOLE 0 0
Jack Henry & Associates Inc COM 426281101 12,267.81 361989 SH SOLE N/A SOLE 0 0
JANUS CAPITAL GROUP INC COM 47102X105 1,696.29 136030 SH SOLE N/A SOLE 0 0
Jarden Corp COM 471109108 1,854.30 52131 SH SOLE N/A SOLE 0 0
JB Hunt Transport Services Inc COM 445658107 9,667.69 212851 SH SOLE N/A SOLE 0 0
Jefferies Group Inc COM 472319102 225.48 9041 SH SOLE N/A SOLE 0 0
JM Smucker Co/The COM NEW 832696405 6,902.41 96686 SH SOLE N/A SOLE 0 0
John Wiley & Sons Inc CL A 968223206 559.60 11007 SH SOLE N/A SOLE 0 0
JOHNSON & JOHNSON COM 478160104 1,333.13 22500 SH SOLE N/A SOLE 0 0
JOY GLOBAL INC COM 481165108 8,260.12 83596 SH SOLE N/A SOLE 0 0
KENNAMETAL INC COM 489170100 14,253.14 365465 SH SOLE N/A SOLE 0 0
KEYCORP COM 493267108 3,108.37 350042 SH SOLE N/A SOLE 0 0
Kilroy Realty Corp COM 49427F108 1,483.15 38196 SH SOLE N/A SOLE 0 0
KIMBERLY-CLARK CORP COM 494368103 2,336.93 35804 SH SOLE N/A SOLE 0 0
Kirby Corp COM 497266106 7,136.50 124568 SH SOLE N/A SOLE 0 0
Kla-Tencor Corp COM 482480100 4,389.26 92757 SH SOLE N/A SOLE 0 0
KNIGHT TRANSPORTATION INC COM 499064103 338.59 17589 SH SOLE N/A SOLE 0 0
Kohl's Corp COM 500255104 4,767.08 89877 SH SOLE N/A SOLE 0 0
Kroger Co/The COM 501044101 856.04 35713 SH SOLE N/A SOLE 0 0
L-3 Communications Holdings Inc COM 502424104 11,785.66 150500 SH SOLE N/A SOLE 0 0
Laboratory Corp of America Holdings COM NEW 50540R409 4,778.88 51871 SH SOLE N/A SOLE 0 0
LAM RESEARCH CORP COM 512807108 7,792.17 137525 SH SOLE N/A SOLE 0 0
LEGGETT & PLATT INC COM 524660107 11,678.05 476655 SH SOLE N/A SOLE 0 0
Lexmark International Inc CL A 529771107 15,203.62 410465 SH SOLE N/A SOLE 0 0
Life Technologies Corp COM 53217V109 1,302.37 24845 SH SOLE N/A SOLE 0 0
LIFEPOINT HOSPITALS INC COM 53219L109 4,733.62 117759 SH SOLE N/A SOLE 0 0
LINCARE HOLDINGS INC COM 532791100 1,071.68 36132 SH SOLE N/A SOLE 0 0
LINCOLN NATIONAL CORP COM 534187109 1,530.00 50932 SH SOLE N/A SOLE 0 0
LINEAR TECHNOLOGY CORP COM 535678106 3,889.85 115666 SH SOLE N/A SOLE 0 0
LOCKHEED MARTIN CORP COM 539830109 6,533.55 81263 SH SOLE N/A SOLE 0 0
Lorillard Inc COM 544147101 3,826.91 40279 SH SOLE N/A SOLE 0 0
LOWE'S COS INC COM 548661107 3,745.50 141714 SH SOLE N/A SOLE 0 0
Ltd Brands Inc COM 532716107 6,068.00 184550 SH SOLE N/A SOLE 0 0
Macy's Inc COM 55616P104 8,993.18 370700 SH SOLE N/A SOLE 0 0
Madison Square Garden, Inc CL A 55826P100 363.99 13486 SH SOLE N/A SOLE 0 0
ManpowerGroup COM 56418H100 12,110.12 192591 SH SOLE N/A SOLE 0 0
MANULIFE FINANCIAL CORP COM 56501R106 1,077.63 61116 SH SOLE N/A SOLE 0 0
Marriott International Inc/DE CL A 571903202 11,459.36 322073 SH SOLE N/A SOLE 0 0
Martin Marietta Materials Inc COM 573284106 5,170.28 57659 SH SOLE N/A SOLE 0 0
MCDONALD'S CORP COM 580135101 4,611.05 60600 SH SOLE N/A SOLE 0 0
McGraw-Hill Cos Inc/The COM 580645109 11,668.51 296155 SH SOLE N/A SOLE 0 0
MCKESSON CORP COM 58155Q103 5,472.63 69230 SH SOLE N/A SOLE 0 0
MEADWESTVACO CORP COM 583334107 747.88 24658 SH SOLE N/A SOLE 0 0
MEDCO HEALTH SOLUTIONS INC COM 58405U102 10,857.64 193334 SH SOLE N/A SOLE 0 0
Medicis Pharmaceutical Corp CL A NEW 584690309 4,054.21 126536 SH SOLE N/A SOLE 0 0
Mednax Inc COM 58502B106 570.51 8565 SH SOLE N/A SOLE 0 0
MEDTRONIC INC COM 585055106 3,069.30 78000 SH SOLE N/A SOLE 0 0
Men's Wearhouse Inc COM 587118100 18,694.73 690862 SH SOLE N/A SOLE 0 0
Merck & Co Inc COM 58933Y105 7,952.11 240900 SH SOLE N/A SOLE 0 0
MEREDITH CORP COM 589433101 11,038.42 325425 SH SOLE N/A SOLE 0 0
METLIFE INC COM 59156R108 12,251.86 273907 SH SOLE N/A SOLE 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 19,971.97 525440 SH SOLE N/A SOLE 0 0
Microsoft Corp COM 594918104 49,582.07 1952819 SH SOLE N/A SOLE 0 0
MOLEX INC COM 608554101 12,017.63 478409 SH SOLE N/A SOLE 0 0
MONSTER WORLDWIDE INC COM 611742107 1,248.47 78520 SH SOLE N/A SOLE 0 0
MORNINGSTAR INC COM 617700109 666.64 11419 SH SOLE N/A SOLE 0 0
Motorola Solutions Inc COM NEW 620076307 18,379.52 411267 SH SOLE N/A SOLE 0 0
MSC Industrial Direct Co CL A 553530106 9,432.36 137759 SH SOLE N/A SOLE 0 0
Mylan Inc COM 628530107 863.62 38112 SH SOLE N/A SOLE 0 0
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
--------------------------------------- -------------- --------- ------------ ----------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------------------------------- -------------- --------- ------------ -------- --- ---- ---------- -------- ---- ------ ----
Nasdaq OMX Group/The COM 631103108 1,167.22 45171 SH SOLE N/A SOLE 0 0
NATIONAL INSTRUMENTS CORP COM 636518102 8,616.77 262947 SH SOLE N/A SOLE 0 0
NATIONAL SEMICONDUCTOR CORP COM 637640103 3,993.69 278500 SH SOLE N/A SOLE 0 0
NetApp Inc COM 64110D104 13,887.81 288443 SH SOLE N/A SOLE 0 0
NETFLIX INC COM 64110L106 285.34 1200 SH SOLE N/A SOLE 0 0
NEWELL RUBBERMAID INC COM 651229106 686.06 35863 SH SOLE N/A SOLE 0 0
NEWMONT MINING CORP COM 651639106 2,626.12 48115 SH SOLE N/A SOLE 0 0
News Corp CL A 65248E104 10,655.24 606100 SH SOLE N/A SOLE 0 0
NEXEN INC COM 65334H102 496.94 20000 SH SOLE N/A SOLE 0 0
NORDSON CORP COM 655663102 205.73 1788 SH SOLE N/A SOLE 0 0
NORDSTROM INC COM 655664100 14,946.39 333030 SH SOLE N/A SOLE 0 0
NORFOLK SOUTHERN CORP COM 655844108 12,532.33 180920 SH SOLE N/A SOLE 0 0
NORTHEAST UTILITIES COM 664397106 1,139.41 32931 SH SOLE N/A SOLE 0 0
NORTHROP GRUMMAN CORP COM 666807102 6,434.05 102600 SH SOLE N/A SOLE 0 0
NOVELLUS SYSTEMS INC COM 670008101 24,515.23 660254 SH SOLE N/A SOLE 0 0
NV Energy Inc COM 67073Y106 4,017.37 269803 SH SOLE N/A SOLE 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 4,687.42 44860 SH SOLE N/A SOLE 0 0
Oceaneering International Inc COM 675232102 2,618.92 29278 SH SOLE N/A SOLE 0 0
OFFICE DEPOT INC COM 676220106 7,988.21 1725315 SH SOLE N/A SOLE 0 0
Omnicom Group Inc COM 681919106 3,271.76 66689 SH SOLE N/A SOLE 0 0
ON Semiconductor Corp COM 682189105 6,902.69 700070 SH SOLE N/A SOLE 0 0
ORACLE CORP COM 68389X105 27,524.91 823298 SH SOLE N/A SOLE 0 0
O'REILLY AUTOMOTIVE INC COM 67103H107 656.77 11430 SH SOLE N/A SOLE 0 0
OSHKOSH CORP COM 688239201 667.05 18854 SH SOLE N/A SOLE 0 0
PARKER HANNIFIN CORP COM 701094104 14,912.86 157508 SH SOLE N/A SOLE 0 0
PAYCHEX INC COM 704326107 4,768.64 151940 SH SOLE N/A SOLE 0 0
PENTAIR INC COM 709631105 639.90 16933 SH SOLE N/A SOLE 0 0
People's United Financial Inc COM 712704105 322.63 25646 SH SOLE N/A SOLE 0 0
PEPSICO INC COM 713448108 611.90 9500 SH SOLE N/A SOLE 0 0
Pharmaceutical Product Development Inc COM 717124101 9,347.09 337440 SH SOLE N/A SOLE 0 0
POLO RALPH LAUREN CORP CL A 731572103 1,959.98 15851 SH SOLE N/A SOLE 0 0
POTLATCH CORP COM 737630103 5,069.22 126100 SH SOLE N/A SOLE 0 0
PPL Corp COM 69351T106 6,690.51 264447 SH SOLE N/A SOLE 0 0
PROASSURANCE CORP COM 74267C106 1,061.89 16757 SH SOLE N/A SOLE 0 0
PROCTER & GAMBLE CO COM 742718109 6,646.64 107900 SH SOLE N/A SOLE 0 0
Progressive Corp/The COM 743315103 3,037.99 143776 SH SOLE N/A SOLE 0 0
PROTECTIVE LIFE CORP COM 743674103 2,025.13 76276 SH SOLE N/A SOLE 0 0
PRUDENTIAL FINANCIAL INC COM 744320102 6,062.37 98447 SH SOLE N/A SOLE 0 0
QEP RESOURCES INC COM 74733V100 227.27 5606 SH SOLE N/A SOLE 0 0
QLOGIC CORP COM 747277101 18,071.52 974206 SH SOLE N/A SOLE 0 0
Quest Diagnostics Inc COM 74834L100 8,540.31 147961 SH SOLE N/A SOLE 0 0
RADIOSHACK CORP COM 750438103 2,066.85 137698 SH SOLE N/A SOLE 0 0
Raytheon Co COM NEW 755111507 2,657.65 52244 SH SOLE N/A SOLE 0 0
REGIONS FINANCIAL CORP COM 7591EP100 882.26 121524 SH SOLE N/A SOLE 0 0
RESEARCH IN MOTION COM 760975102 5,539.05 97967 SH SOLE N/A SOLE 0 0
RESMED INC COM 761152107 2,279.70 75990 SH SOLE N/A SOLE 0 0
Robert Half International Inc COM 770323103 13,761.98 449738 SH SOLE N/A SOLE 0 0
Rockwell Collins Inc COM 774341101 869.11 13406 SH SOLE N/A SOLE 0 0
Rogers Communications Inc CL B 775109200 246.34 6800 SH SOLE N/A SOLE 0 0
ROSS STORES INC COM 778296103 1,850.26 26016 SH SOLE N/A SOLE 0 0
Rowan Cos Inc COM 779382100 3,470.56 78555 SH SOLE N/A SOLE 0 0
ROYAL BANK OF CANADA COM 780087102 1,165.57 18900 SH SOLE N/A SOLE 0 0
RR DONNELLEY & SONS CO COM 257867101 1,956.65 103417 SH SOLE N/A SOLE 0 0
RYDER SYSTEM INC COM 783549108 15,913.04 314487 SH SOLE N/A SOLE 0 0
SAFEWAY INC COM NEW 786514208 6,320.47 268499 SH SOLE N/A SOLE 0 0
SCHLUMBERGER LTD COM 806857108 3,645.53 39090 SH SOLE N/A SOLE 0 0
Scotts Miracle-Gro Co/The CL A 810186106 1,419.35 24535 SH SOLE N/A SOLE 0 0
SEALED AIR CORP COM 81211K100 1,383.97 51912 SH SOLE N/A SOLE 0 0
SEI Investments Co COM 784117103 339.10 14200 SH SOLE N/A SOLE 0 0
SERVICE CORP INTERNATIONAL COM 817565104 2,348.66 212356 SH SOLE N/A SOLE 0 0
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
--------------------------------------- -------------- --------- ------------ ----------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------------------------------- -------------- --------- ------------ -------- --- ---- ---------- -------- ---- ------ ----
Shaw Communications Inc CL B CONV 82028K200 4,139.48 197000 SH SOLE N/A SOLE 0 0
SIGMA-ALDRICH COM 826552101 728.61 11449 SH SOLE N/A SOLE 0 0
SNAP-ON INC COM 833034101 1,382.46 23018 SH SOLE N/A SOLE 0 0
Southwest Airlines Co COM 844741108 1,157.16 91620 SH SOLE N/A SOLE 0 0
Southwestern Energy Co COM 845467109 1,433.18 33353 SH SOLE N/A SOLE 0 0
SPDR S&P 500 ETF Trust TR UNIT 78462F103 2,558,283.58 19325400 SH SOLE N/A SOLE 0 0
STANTEC INC COM 85472N109 2,738.66 91800 SH SOLE N/A SOLE 0 0
STAPLES INC COM 855030102 721.08 37131 SH SOLE N/A SOLE 0 0
STARBUCKS CORP COM 855244109 3,783.50 102395 SH SOLE N/A SOLE 0 0
Starwood Hotels & Resorts Worldwide Inc COM 85590A401 11,980.10 206127 SH SOLE N/A SOLE 0 0
STRYKER CORP COM 863667101 2,760.32 45400 SH SOLE N/A SOLE 0 0
SUN LIFE FINANCIAL INC COM 866796105 225.53 7200 SH SOLE N/A SOLE 0 0
SUNCOR ENERGY INC COM 867224107 2,158.91 48300 SH SOLE N/A SOLE 0 0
SUNTRUST BANKS INC COM 867914103 3,069.30 106425 SH SOLE N/A SOLE 0 0
SYMANTEC CORP COM 871503108 5,911.31 318841 SH SOLE N/A SOLE 0 0
SYNOPSYS INC COM 871607107 1,819.18 65793 SH SOLE N/A SOLE 0 0
SYSCO CORP COM 871829107 1,271.10 45888 SH SOLE N/A SOLE 0 0
TALISMAN ENERGY INC COM 87425E103 892.02 36200 SH SOLE N/A SOLE 0 0
TARGET CORP COM 87612E106 4,856.77 97116 SH SOLE N/A SOLE 0 0
TECH DATA CORP COM 878237106 12,679.04 249293 SH SOLE N/A SOLE 0 0
Teck Resources Ltd CL B 878742204 3,085.25 58400 SH SOLE N/A SOLE 0 0
TECO ENERGY INC COM 872375100 1,198.76 63900 SH SOLE N/A SOLE 0 0
Telephone & Data Systems Inc COM 879433100 4,878.21 144754 SH SOLE N/A SOLE 0 0
TEMPLE-INLAND INC COM 879868107 9,445.32 403646 SH SOLE N/A SOLE 0 0
TERADYNE INC COM 880770102 11,365.56 638156 SH SOLE N/A SOLE 0 0
Tessera Technologies Inc COM 88164L100 929.51 50904 SH SOLE N/A SOLE 0 0
TEXAS INSTRUMENTS INC COM 882508104 1,034.21 29925 SH SOLE N/A SOLE 0 0
TEXTRON INC COM 883203101 1,104.36 40320 SH SOLE N/A SOLE 0 0
The Jones Group Inc COM 48020T101 1,271.48 92471 SH SOLE N/A SOLE 0 0
Thermo Fisher Scientific Inc COM 883556102 9,677.25 174208 SH SOLE N/A SOLE 0 0
TJX Cos Inc COM 872540109 6,764.08 136016 SH SOLE N/A SOLE 0 0
TORCHMARK CORP COM 891027104 640.27 9631 SH SOLE N/A SOLE 0 0
TORONTO-DOMINION BANK COM NEW 891160509 1,040.80 11800 SH SOLE N/A SOLE 0 0
TOTAL SYSTEM SERVICES INC COM 891906109 3,517.07 195176 SH SOLE N/A SOLE 0 0
Tractor Supply Co COM 892356106 2,657.19 44390 SH SOLE N/A SOLE 0 0
TRANSCANADA CORP COM 89353D107 783.98 19400 SH SOLE N/A SOLE 0 0
TRW Automotive Holdings Corp COM 87264S106 15,767.59 286267 SH SOLE N/A SOLE 0 0
TYCO INTERNATIONAL LTD SHS H89128104 3,465.20 77400 SH SOLE N/A SOLE 0 0
Tyson Foods Inc CL A 902494103 9,567.90 498588 SH SOLE N/A SOLE 0 0
UNITED TECHNOLOGIES CORP COM 913017109 3,394.47 40100 SH SOLE N/A SOLE 0 0
UNITEDHEALTH GROUP INC COM 91324P102 6,521.77 144287 SH SOLE N/A SOLE 0 0
UNITRIN INC COM 913275103 2,919.55 94545 SH SOLE N/A SOLE 0 0
UNUM GROUP COM 91529Y106 1,265.54 48211 SH SOLE N/A SOLE 0 0
URS Corp COM 903236107 9,890.07 214768 SH SOLE N/A SOLE 0 0
VALERO ENERGY CORP COM 91913Y100 8,262.20 277069 SH SOLE N/A SOLE 0 0
VALSPAR CORP COM 920355104 306.66 7843 SH SOLE N/A SOLE 0 0
Vanguard MSCI Emerging Markets MSCI EMR MKT 922042858 752,596.63 15562759 SH SOLE N/A SOLE 0 0
ETF
VARIAN MEDICAL SYSTEMS INC COM 92220P105 4,171.09 61666 SH SOLE N/A SOLE 0 0
Varian Semiconductor Equipment COM 922207105 6,378.30 131052 SH SOLE N/A SOLE 0 0
Associates Inc
VERIZON COMMUNICATIONS INC COM 92343V104 9,307.41 241500 SH SOLE N/A SOLE 0 0
Viacom Inc-Class B CL B 92553P201 4,307.75 92600 SH SOLE N/A SOLE 0 0
Virgin Media Inc COM 92769L101 469.35 16889 SH SOLE N/A SOLE 0 0
VISA INC-CLASS A SHARES COM CL A 92826C839 603.76 8201 SH SOLE N/A SOLE 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 15,884.54 895408 SH SOLE N/A SOLE 0 0
WAL-MART STORES INC COM 931142103 9,509.54 182700 SH SOLE N/A SOLE 0 0
Walt Disney Co/The COM DISNEY 254687106 19,424.97 450800 SH SOLE N/A SOLE 0 0
WASHINGTON FEDERAL INC COM 938824109 320.44 18480 SH SOLE N/A SOLE 0 0
Washington Post Co/The CL B 939640108 1,011.20 2311 SH SOLE N/A SOLE 0 0
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
--------------------------------------- -------------- --------- ------------ ----------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------------------------------- -------------- --------- ------------ -------- --- ---- ---------- -------- ---- ------ ----
WASTE CONNECTIONS INC COM 941053100 752.86 26150 SH SOLE N/A SOLE 0 0
WASTE MANAGEMENT INC COM 94106L109 3,332.00 89234 SH SOLE N/A SOLE 0 0
WATERS CORP COM 941848103 1,010.47 11628 SH SOLE N/A SOLE 0 0
Weatherford International Ltd REG SHS H27013103 1,320.63 58435 SH SOLE N/A SOLE 0 0
WERNER ENTERPRISES INC COM 950755108 13,656.21 515864 SH SOLE N/A SOLE 0 0
WHIRLPOOL CORP COM 963320106 12,251.98 143533 SH SOLE N/A SOLE 0 0
WILLIAMS-SONOMA INC COM 969904101 9,208.00 227358 SH SOLE N/A SOLE 0 0
WW GRAINGER INC COM 384802104 2,774.94 20155 SH SOLE N/A SOLE 0 0
XEROX CORP COM 984121103 9,217.34 865478 SH SOLE N/A SOLE 0 0
YAMANA GOLD INC COM 98462Y100 3,759.47 305400 SH SOLE N/A SOLE 0 0
Zebra Technologies Corp CL A 989207105 843.15 21487 SH SOLE N/A SOLE 0 0
ZIMMER HOLDINGS INC COM 98956P102 4,818.67 79608 SH SOLE N/A SOLE 0 0
ZIONS BANCORPORATION COM 989701107 1,222.18 53000 SH SOLE N/A SOLE 0 0