0001193125-11-138758.txt : 20110513
0001193125-11-138758.hdr.sgml : 20110513
20110513103338
ACCESSION NUMBER: 0001193125-11-138758
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110513
DATE AS OF CHANGE: 20110513
EFFECTIVENESS DATE: 20110513
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: LORD ABBETT & CO LLC
CENTRAL INDEX KEY: 0000728100
IRS NUMBER: 135620131
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-00413
FILM NUMBER: 11838453
BUSINESS ADDRESS:
STREET 1: 90 HUDSON STREET
STREET 2: 11TH FLOOR
CITY: JERSEY CITY
STATE: NJ
ZIP: 07302
BUSINESS PHONE: 201-395-2000
MAIL ADDRESS:
STREET 1: 90 HUDSON STREET
STREET 2: 11TH FLOOR
CITY: JERSEY CITY
STATE: NJ
ZIP: 07302
FORMER COMPANY:
FORMER CONFORMED NAME: LORD ABBETT & CO
DATE OF NAME CHANGE: 19940808
13F-HR
1
d13fhr.txt
LORD, ABBETT & CO. LLC
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 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: Lord, Abbett & Co. LLC
Address: 90 Hudson Street
Jersey City, NJ 07302
Form 13F File Number: 28-413
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.
Person Signing this Report on Behalf of Reporting Manager:
Name: Lawrence H. Kaplan
Title: General Counsel
Phone: (201) 827-2269
Signature, Place, and Date of Signing:
/s/ Lawrence H. Kaplan Jersey City, New Jersey May 13, 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).)
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 992
Form 13F Information Table Value Total: 51,186,203
-----------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
NONE
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
3M Co. COM 88579Y101 25,721,195.49 275,093 275,093 271,893 3,200
3M Co. CV Adj% 11/21/2032 88579YAB7 241,612.50 255,000 255,000 255,000
A.O. Smith Corp. COM 831865209 16,566,443.82 373,623 373,623 318,340 55,283
A123 Systems, Inc. COM 03739T108 1,511,300.00 238,000 238,000 238,000
AAR Corp. COM 000361105 56,409,229.80 2,034,965 2,034,965 1,783,215 251,750
Aaron's, Inc. COM 002535300 30,661,863.04 1,209,064 1,209,064 1,030,164 178,900
ABB Ltd. Spon ADR 000375204 16,232,989.78 671,062 669,710 669,710
Abbott Laboratories COM 002824100 5,223,972.15 106,503 106,503 96,596 9,907
Abercrombie & Fitch
Co. COM 002896207 7,616,735.90 129,757 129,757 129,757
Accenture Ltd. COM G1151C101 109,106,544.87 1,984,838 1,984,200 1,899,950 84,250
ACE Ltd. COM H0023R105 21,988,618.50 339,855 339,855 327,555 12,300
Acme Packet, Inc. COM 004764106 38,603,801.12 544,022 544,022 527,232 16,790
Activision Blizzard,
Inc. COM 00507V109 36,701,506.25 3,345,625 3,345,625 3,244,990 100,635
Actuant Corp. COM 00508X203 11,020,000.00 380,000 380,000 380,000
Actuant Corp. CV 2% 11/15/2023 00508XAB0 2,068,500.00 1,400,000 1,400,000 1,400,000
Acxiom Corp. COM 005125109 14,150,535.00 986,100 986,100 839,900 146,200
Adobe Systems, Inc. COM 00724F101 339,666,335.81 10,243,255 10,213,660 9,756,282 486,278
Aeropostale, Inc. COM 007865108 46,697,245.44 1,920,117 1,920,117 1,681,927 238,190
AES Trust III CVPFD 6.75% 10/15/2029 00808N202 13,736,272.80 281,481 281,481 114,726 166,755
Affiliated Manager
Group, Inc. COM 008252108 141,117,814.24 1,290,279 1,290,263 1,258,088 32,175
Affiliated Manager
Group, Inc. CV 3.95% 08/15/2038 008252AL2 29,515,900.01 25,040,000 25,040,000 16,515,000 8,525,000
AFLAC, Inc. COM 001055102 82,948,995.19 1,571,599 1,571,565 1,475,027 96,538
Agilent
Technologies, Inc. COM 00846U101 14,838,614.26 331,367 331,367 331,367
Agnico-Eagle Mines
Ltd. COM 008474108 76,846,769.03 1,158,203 1,158,191 1,124,091 34,100
Agrium, Inc. COM 008916108 40,270,567.40 436,490 436,490 436,490
Air Products &
Chemicals, Inc. COM 009158106 103,746,138.12 1,150,434 1,150,415 1,125,915 24,500
Akamai Technologies,
Inc. COM 00971T101 7,279,774.00 191,573 191,573 190,177 1,396
Albemarle Corp. COM 012653101 48,690,913.25 814,638 814,638 723,378 91,260
Alcatel-Lucent USA,
Inc. CV 2.75% 06/15/2025 549463AH0 3,312,335.00 3,406,000 3,406,000 1,121,000 2,285,000
Alcoa, Inc. CV 5.25% 03/15/2014 013817AT8 19,463,290.00 6,908,000 6,890,000 6,185,000 705,000
Alexandria Real
Estate Equities,
Inc. COM 015271109 65,594,523.63 841,279 841,279 767,329 73,950
Alexion
Pharmaceuticals,
Inc. COM 015351109 12,921,257.88 130,941 130,941 130,941
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Align Technology,
Inc. COM 016255101 31,082,127.36 1,517,682 1,517,682 1,465,241 52,441
Allegheny
Technologies, Inc. COM 01741R102 22,448,841.40 331,495 331,495 295,595 35,900
Allegheny
Technologies, Inc. CV 4.25% 06/01/2014 01741RAD4 19,681,686.25 11,159,000 11,119,000 10,719,000 400,000
Allergan, Inc. 1.5% 04/01/2026 018490AL6 48,678,335.00 43,366,000 43,324,000 37,359,000 5,965,000
Allergan, Inc. COM 018490102 1,130,709.42 15,921 15,921 15,921
Alliance Data
Systems, Inc. COM 018581108 43,835,421.64 510,367 510,367 454,867 55,500
Alliance Data
Systems, Inc. CV 1.75% 08/01/2013 018581AD0 45,088,792.50 37,302,000 37,218,000 34,463,000 2,755,000
Allscripts
Healthcare
Solutions, Inc. COM 01988P108 5,677,543.12 270,488 270,488 270,488
Almost Family, Inc. COM 020409108 5,429,682.91 144,253 144,253 120,253 24,000
Altera Corp. COM 021441100 11,126,715.30 252,765 252,765 252,765
Alterra Capital
Holdings Ltd COM G0229R108 63,538,757.80 2,844,170 2,844,170 2,491,100 353,070
Altisource Portfolio
Solutions SA COM L0175J104 21,731,441.66 708,326 708,326 687,152 21,174
Altria Group, Inc. COM 02209S103 46,771,198.57 1,796,819 1,796,819 1,777,149 19,670
ALZA Corp. CV 0% 7/28/2020 02261WAB5 6,860,000.00 8,000,000 8,000,000 8,000,000
Amarin Corp. plc Spon ADR 023111206 15,911,773.52 2,179,695 2,179,695 2,112,120 67,575
Amazon.com, Inc. COM 023135106 5,220,527.66 28,982 28,982 27,786 1,196
Amdocs Ltd. COM G02602103 34,878,842.20 1,208,972 1,208,972 1,075,272 133,700
Ameresco, Inc. COM 02361E108 2,375,590.71 168,005 168,005 168,005
American Dental
Partners, Inc. COM 025353103 3,656,701.39 278,712 278,712 232,462 46,250
American Medical
Systems Holdings,
Inc COM 02744M108 81,156,903.16 3,750,319 3,750,319 3,258,819 491,500
American Public
Education, Inc. COM 02913V103 15,480,215.00 382,700 382,700 326,206 56,494
America's Car-Mart,
Inc. COM 03062T105 6,795,607.99 263,600 263,600 220,100 43,500
Ameriprise
Financial, Inc. COM 03076C106 7,731,139.92 126,574 126,574 126,574
AmerisourceBergen
Corp. COM 03073E105 29,589,139.36 747,956 747,956 736,156 11,800
AMETEK, Inc. COM 031100100 40,799,144.02 930,001 930,001 894,951 35,050
Amgen, Inc. COM 031162100 285,383,901.35 5,339,269 5,315,012 5,009,587 329,375
Amgen, Inc. CV .375% 02/01/2013 031162AQ3 4,669,156.25 4,675,000 4,675,000 4,675,000
Amphenol Corp. COM 032095101 22,959,705.09 422,131 422,131 369,831 52,300
AMR Corp. COM 001765106 27,542,455.48 4,263,538 4,214,938 3,814,163 449,375
AMR Corp. CV 6.25% 10/15/2014 001765BC9 13,726,350.00 12,980,000 12,980,000 11,045,000 1,935,000
Anadarko Petroleum
Corp. COM 032511107 381,669,294.07 4,659,049 4,636,146 4,362,871 295,375
Analog Devices, Inc. COM 032654105 21,382,749.30 542,985 542,985 531,585 11,400
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Anaren, Inc. COM 032744104 7,804,829.99 388,300 388,300 323,300 65,000
Ancestry.com, Inc. COM 032803108 13,643,535.15 384,867 384,867 370,877 13,990
Anheuser-Busch InBev
NV Spon ADR 03524A108 13,435,636.04 235,012 234,536 234,536
Anixter
International, Inc. COM 035290105 89,050,832.73 1,274,157 1,274,157 1,118,964 155,193
ANSYS, Inc. COM 03662Q105 5,140,355.02 94,858 94,858 94,858
AON Corp. COM 037389103 43,853,633.92 828,052 828,052 796,652 31,400
Apache Corp. COM 037411105 213,195,364.80 1,628,440 1,624,693 1,561,661 66,432
Apache Corp. CVPFD 6% 08/01/2013 037411808 140,509,569.48 1,982,918 1,981,156 1,788,038 193,118
Apple, Inc. COM 037833100 103,887,231.45 298,141 298,141 277,952 20,189
AptarGroup, Inc. COM 038336103 33,773,934.51 673,727 673,727 590,089 83,638
ArcelorMittal COM 03938L104 9,608,633.85 265,799 265,263 265,263
Archer-Daniels-Midland
Co. COM 039483102 279,539,292.29 7,762,824 7,715,616 7,130,567 630,849
Archer-Daniels-Midland
Co. CV 0.875% 02/15/2014 039483AW2 16,466,362.50 14,735,000 14,735,000 13,735,000 1,000,000
Archer-Daniels-Midland
Co. CVPFD 6.25% 06/01/2011 039483201 78,410,108.70 1,736,658 1,734,938 1,492,638 242,300
Ariba, Inc. COM 04033V203 21,115,146.18 618,487 618,487 598,274 20,213
ARM Holdings PLC Spon ADR 042068106 6,253,570.98 221,994 221,994 221,994
Arrow Electronics,
Inc. COM 042735100 24,203,708.40 577,930 577,930 577,930
Aruba Networks, Inc. COM 043176106 54,237,195.36 1,602,754 1,602,754 1,552,293 50,461
Asbury Automotive
Group, Inc. COM 043436104 600,925.00 32,500 32,500 32,500
Ascena Retail Group
Inc COM 04351G101 60,323,695.88 1,861,268 1,861,268 1,628,909 232,359
Ashland, Inc. COM 044209104 37,596,561.60 650,910 650,910 625,310 25,600
Astec Industries,
Inc. COM 046224101 15,650,613.00 419,700 419,700 357,600 62,100
AT&T, Inc. COM 00206R102 292,578,591.93 9,561,392 9,544,130 9,363,555 195,094
athenahealth, Inc. COM 04685W103 32,953,880.87 730,199 730,199 703,817 26,382
Atheros
Communications, Inc. COM 04743P108 10,916,925.00 244,500 244,500 216,700 27,800
Atlas Air Worldwide
Holdings COM 049164205 98,868,398.06 1,418,078 1,418,078 1,249,633 168,445
Atmel Corp. COM 049513104 6,342,297.97 465,319 465,319 465,319
Atwood Oceanics, Inc. COM 050095108 5,452,646.34 117,438 117,438 117,438
Autoliv, Inc. CVPFD 8% 4/30/2012 052800208 28,337,649.72 284,044 283,542 214,942 68,600
Auxilium
Pharmaceuticals,
Inc. COM 05334D107 9,318,387.93 434,019 434,019 418,757 15,262
Avago Technologies
Ltd. COM Y0486S104 5,900,260.90 189,719 189,719 189,719
Avnet, Inc. COM 053807103 33,220,364.10 974,490 974,490 974,490
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
AZZ, Inc. COM 002474104 2,597,695.23 56,967 56,967 47,567 9,400
Baidu, Inc. Spon ADR 056752108 6,300,397.58 45,718 45,718 45,718
Balchem Corp. COM 057665200 5,657,978.46 150,799 150,799 125,849 24,950
Ball Corp. COM 058498106 14,496,377.70 404,362 404,362 397,962 6,400
Bally Technologies,
Inc. COM 05874B107 26,195,985.00 692,100 692,100 584,700 107,400
Banco Santander
Brasil S A Spon ADR 05967A107 5,618,181.78 458,253 457,542 386,942 70,600
Banco Santander S A Spon ADR 05964H105 5,929,300.36 505,913 505,913 505,913
Bancorp Rhode
Island, Inc. COM 059690107 6,937,445.93 224,731 224,731 187,531 37,200
Bancorp, Inc. COM 05969A105 2,349,967.24 254,601 254,601 254,601
Bank of America Corp. COM 060505104 383,478,333.09 28,768,067 28,714,679 28,161,484 600,416
Bank of America Corp. CVPFD 7.25% 12/31/2049 060505682 98,356,184.13 97,287 97,286 86,811 10,475
Bank of Marin Bancorp COM 063425102 3,105,024.00 83,200 83,200 69,400 13,800
Bank of New York
Mellon Corp. COM 064058100 52,586,747.34 1,760,521 1,759,474 1,734,490 24,984
Barclays plc Spon ADR 06738E204 12,878,347.88 709,942 708,468 708,468
Barrett Business
Service, Inc. COM 068463108 7,673,468.02 477,800 477,800 398,900 78,900
Barrick Gold Corp. COM 067901108 230,597,457.04 4,442,255 4,421,878 4,173,010 268,768
Baxter
International, Inc. COM 071813109 39,564,181.08 735,804 735,804 718,110 17,694
Baytex Energy Corp COM 07317Q105 8,034,897.78 137,631 137,631 137,631
BB&T Corp. COM 054937107 13,156,757.55 479,299 479,299 479,299
BCD Semiconductor
Manufact Ltd Spon ADR 055347207 5,360,600.31 618,293 618,293 556,193 62,100
BE Aerospace, Inc. COM 073302101 10,600,411.03 298,351 298,351 288,463 9,888
Beckman Coulter, Inc. COM 075811109 30,182,155.38 363,334 363,316 336,300 27,016
Beckman Coulter, Inc. CV 2.5% 12/15/2036 075811AD1 15,139,980.00 12,696,000 12,696,000 4,296,000 8,400,000
Bed Bath & Beyond,
Inc. COM 075896100 642,425.43 13,309 13,309 13,309
Bel Fuse, Inc. COM 077347300 8,674,140.95 394,100 394,100 329,000 65,100
Belden, Inc. COM 077454106 17,595,930.00 468,600 468,600 399,300 69,300
Belo Corp. COM 080555105 3,400,660.00 386,000 386,000 386,000
Berkshire Hathaway,
Inc. COM 084670108 250,600.00 2 2 2
Berkshire Hathaway,
Inc. COM 084670702 246,830,265.27 2,951,456 2,936,656 2,685,063 266,393
Best Buy Co., Inc. COM 086516101 5,042,715.04 175,582 175,582 166,394 9,188
Best Buy Co., Inc. CV 2.25% 1/15/2022 086516AF8 17,413,687.50 16,886,000 16,863,000 13,613,000 3,250,000
BioMarin
Pharmaceutical, Inc. COM 09061G101 10,359,490.68 412,236 412,236 403,001 9,235
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
BioMarin
Pharmaceutical, Inc. CV 2.5% 3/29/2013 09061GAC5 14,582,750.00 9,100,000 9,100,000 9,100,000
Bio-Reference Labs,
Inc. COM 09057G602 2,550,709.92 113,668 113,668 113,668
BJ's Restaurants,
Inc. COM 09180C106 22,502,974.14 572,158 572,158 560,958 11,200
Blackboard, Inc. COM 091935502 31,282,368.00 863,200 863,200 747,500 115,700
Blackboard, Inc. CV 3.25% 7/1/2027 091935AA4 25,704,875.01 25,325,000 25,325,000 18,440,000 6,885,000
BlackRock, Inc. COM 09247X101 8,362,619.03 41,603 41,603 41,603
BMC Software, Inc. COM 055921100 9,087,100.08 182,692 182,692 182,692
Body Central Corp. COM 09689U102 5,721,502.54 246,298 246,298 246,298
Boeing Co. COM 097023105 1,196,187.40 16,180 16,180 14,374 1,806
BorgWarner, Inc. CV 3.5% 04/15/2012 099724AF3 7,129,500.00 2,910,000 2,910,000 2,270,000 640,000
Boston Beer Co., Inc. COM 100557107 1,338,081.14 14,447 14,447 14,447
Boston Properties,
Inc. CV 2.875% 02/15/2037 10112RAK0 734,062.50 725,000 725,000 725,000
Boston Properties,
Inc. CV 3.75% 05/15/2036 10112RAG9 33,182,257.50 28,917,000 28,870,000 21,895,000 6,975,000
Boyd Gaming Corp. COM 103304101 2,593,325.53 276,769 276,769 248,435 28,334
BP plc Spon ADR 055622104 2,496,381.84 56,556 56,556 50,309 6,247
Bravo Brio
Restaurant Group COM 10567B109 6,232,240.08 352,303 352,303 331,903 20,400
Brigham Exploration
Co. COM 109178103 35,096,469.98 943,961 943,961 911,601 32,360
Bristol-Myers Squibb
Co. COM 110122108 11,285,610.00 427,000 427,000 427,000
Bristow Group, Inc. COM 110394103 68,552,883.32 1,449,321 1,449,321 1,275,650 173,671
Broadcom Corp. Class A 111320107 6,713,699.30 170,485 170,485 152,276 18,209
Brown & Brown, Inc. COM 115236101 36,015,303.60 1,395,942 1,395,942 1,248,242 147,700
Bryn Mawr Bank Corp. COM 117665109 4,870,379.45 236,771 236,771 196,813 39,958
Buckeye
Technologies, Inc. COM 118255108 27,183,899.61 998,307 998,307 850,619 147,688
Bunge Ltd. COM G16962105 369,683,331.39 5,111,065 5,087,620 4,700,273 410,747
C.H. Robinson
Worldwide, Inc. COM 12541W209 6,522,179.79 87,983 87,983 84,683 3,300
Cabot Corp. COM 127055101 157,262,127.96 3,397,324 3,397,324 2,975,574 421,750
Cabot
Microelectronics
Corp. COM 12709P103 82,480,021.25 1,578,565 1,578,565 1,384,365 194,200
Cabot Oil & Gas Corp. COM 127097103 19,411,174.32 366,456 366,456 351,056 15,400
CACI International,
Inc. CV 2.125% 05/01/2014 127190AD8 15,769,050.00 12,540,000 12,540,000 9,095,000 3,445,000
CAI International,
Inc. COM 12477X106 11,230,998.02 434,300 434,300 362,700 71,600
Calamos Asset
Management, Inc. COM 12811R104 1,059,238.32 63,848 63,848 63,848
Cameron
International Corp. COM 13342B105 41,988,827.60 735,356 735,356 735,356
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Cameron
International Corp. CV 2.5% 06/15/2026 13342BAB1 22,872,937.50 14,130,000 14,092,000 14,092,000
Canadian National
Resource Ltd COM 136385101 5,464,980.80 110,560 110,560 110,560
Capital One
Financial Corp. COM 14040H105 156,769,087.56 3,017,111 3,017,111 2,979,084 38,027
Capstone Turbine
Corp. COM 14067D102 3,851,593.12 2,127,952 2,127,952 2,127,952
CARBO Ceramics, Inc. COM 140781105 56,193,278.40 398,195 398,195 385,886 12,309
CardioNet, Inc. COM 14159L103 143,700.00 30,000 30,000 30,000
Cardtronics, Inc. COM 14161H108 31,840,871.70 1,564,662 1,564,662 1,333,127 231,535
Caribou Coffee Co.,
Inc. COM 142042209 1,782,099.27 175,231 175,231 175,231
CarMax, Inc. COM 143130102 15,829,055.76 493,117 493,117 439,717 53,400
Carnival Corp. COM 143658300 213,241,245.25 5,558,948 5,540,984 5,390,225 167,634
Carpenter Technology
Corp. COM 144285103 45,688,595.36 1,069,740 1,069,740 944,440 125,300
Carrizo Oil & Gas,
Inc. COM 144577103 29,954,292.30 811,110 811,110 691,110 120,000
Catalyst Health
Solution, Inc. COM 14888B103 43,407,440.79 776,103 776,103 727,260 48,843
Caterpillar, Inc. COM 149123101 237,167,482.80 2,129,928 2,118,391 1,997,147 131,910
Cavium Networks, Inc. COM 14965A101 23,038,756.10 512,770 512,770 495,160 17,610
CB Richard Ellis
Group, Inc. COM 12497T101 14,798,288.10 554,243 554,243 554,243
CDI Corp. COM 125071100 4,153,135.54 280,807 280,807 234,507 46,300
Celadon Group, Inc. COM 150838100 6,710,368.01 413,200 413,200 344,900 68,300
Celanese Corp. COM 150870103 34,386,439.41 774,993 774,993 746,141 28,852
Celgene Corp. COM 151020104 186,104,027.14 3,234,904 3,217,654 2,979,022 255,832
Cenovus Energy, Inc. COM 15135U109 12,399,974.40 314,880 314,880 314,880
Centene Corp. COM 15135B101 89,246,551.38 2,706,081 2,706,081 2,344,404 361,677
Central Euro
Distribution Co. CV 3% 03/15/2013 153435AA0 52,011,716.26 59,527,000 59,435,000 46,659,000 12,776,000
CenturyLink, Inc. COM 156700106 122,851,508.26 2,956,715 2,956,715 2,911,056 45,659
Cepheid, Inc. COM 15670R107 36,946,667.64 1,318,582 1,318,582 1,273,596 44,986
CF Industries, Inc. COM 125269100 16,698,912.83 122,077 122,077 116,190 5,887
Charles Schwab &
Co., Inc. COM 808513105 92,330,458.05 5,120,935 5,077,010 4,564,492 556,418
Charming Shoppes,
Inc. CV 1.125% 05/01/2014 161133AE3 15,762,475.00 18,170,000 18,170,000 11,390,000 6,780,000
Chart Industries,
Inc. COM 16115Q308 59,954,246.40 1,089,285 1,089,285 1,057,078 32,207
Charter
Communications, Inc. Class A 16117M305 33,481,973.41 661,307 661,307 661,307
Cheesecake Factory,
Inc. (The) COM 163072101 48,675,088.50 1,617,650 1,617,650 1,416,350 201,300
Chesapeake Energy
Corp. CV 2.25% 12/15/2038 165167CB1 4,389,660.00 4,752,000 4,729,000 4,729,000
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Chesapeake Energy
Corp. CV 2.5% 05/15/2037 165167BZ9 791,156.25 725,000 725,000 425,000 300,000
Chesapeake Energy
Corp. CV 2.75% 11/15/2035 165167BW6 20,022,210.01 17,113,000 17,090,000 8,515,000 8,575,000
Chesapeake Utilities
Corp. COM 165303108 4,961,104.03 119,200 119,200 100,800 18,400
Chevron Corp. COM 166764100 755,560,991.21 7,033,054 7,001,965 6,624,634 407,035
Chicago Bridge &
Iron Co. NV COM 167250109 180,755,046.50 4,445,525 4,445,525 3,931,925 513,600
Children's Place
Retail Stores COM 168905107 62,037,752.04 1,244,988 1,244,988 1,090,638 154,350
ChinaCache Int'l
Holdings Ltd. Spon ADR 16950M107 7,764,576.29 425,923 425,923 414,416 11,507
Chipotle Mexican
Grill, Inc. COM 169656105 31,207,337.49 114,577 114,577 111,332 3,245
CIA de Minas
Buenaventura S.A. Spon ADR 204448104 15,362,290.64 357,512 356,793 356,793
Cia de Saneamento
Basico Spon ADR 20441A102 34,799,044.50 592,425 592,118 545,218 46,900
Ciena Corp. COM 171779309 21,487,715.04 827,724 827,724 808,145 19,579
Ciena Corp. CV .875% 06/15/2017 171779AE1 5,163,337.50 5,262,000 5,262,000 837,000 4,425,000
CIGNA Corp. COM 125509109 110,486,836.08 2,495,186 2,469,590 2,182,814 311,376
Cisco Systems, Inc. COM 17275R102 8,626,450.00 503,000 503,000 459,891 43,109
CIT Group, Inc. COM 125581801 40,496,409.36 951,737 951,737 909,196 42,541
Citigroup, Inc. COM 172967101 302,650,655.59 68,472,999 68,083,917 63,901,953 4,553,764
Citigroup, Inc. CVPFD 7.5% 12/15/2012 172967416 92,966,747.50 734,915 734,551 642,201 92,350
Citrix Systems, Inc. COM 177376100 15,767,968.62 214,647 214,647 214,647
City National Bank COM 178566105 164,844,491.70 2,889,474 2,889,457 2,713,987 175,470
CLARCOR, Inc. COM 179895107 12,766,634.85 284,145 284,145 242,143 42,002
Clean Harbors, Inc. COM 184496107 19,356,796.02 196,197 196,197 191,610 4,587
Cleco Corp. COM 12561W105 27,170,778.78 792,382 792,382 700,482 91,900
Cliffs Natural
Resources, Inc. COM 18683K101 195,385,750.56 1,988,052 1,979,600 1,886,293 101,323
CMS Energy Corp. COM 125896100 35,476,124.80 1,806,320 1,806,320 1,736,120 70,200
Coach, Inc. COM 189754104 10,674,861.12 205,128 205,128 205,128
Coca-Cola Co. COM 191216100 133,343,595.00 2,009,700 2,006,292 1,919,413 90,279
Cognex Corp. COM 192422103 17,287,531.00 611,948 611,948 590,942 21,006
Cognizant Tech
Solutions Corp. COM 192446102 1,676,351.60 20,594 20,594 20,594
Coherent, Inc. COM 192479103 73,421,171.46 1,263,486 1,263,486 1,106,703 156,783
Colgate-Palmolive Co. COM 194162103 128,457,582.84 1,590,609 1,582,074 1,474,298 115,829
Columbia Banking
System, Inc. COM 197236102 69,084,060.03 3,603,759 3,603,759 3,135,179 468,580
Columbus McKinnon
Corp. COM 199333105 7,991,333.97 432,900 432,900 361,300 71,600
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Comcast Corp. COM 20030N101 308,685,536.88 12,487,279 12,401,536 11,541,335 942,828
Comerica, Inc. COM 200340107 86,602,798.08 2,358,464 2,358,464 2,252,439 106,025
Commerce Bancshares,
Inc. COM 200525103 87,956,757.28 2,174,994 2,174,975 2,056,835 118,140
Commercial Metals Co. COM 201723103 44,445,191.23 2,573,549 2,573,549 2,226,929 346,620
Commercial Vehicle
Group, Inc. COM 202608105 12,069,259.52 676,528 676,528 564,928 111,600
Compass Minerals
Int'l, Inc. COM 20451N101 60,163,078.97 643,249 643,249 562,329 80,920
Complete Production
Services COM 20453E109 68,366,433.72 2,149,212 2,149,212 1,872,112 277,100
comScore, Inc. COM 20564W105 3,601,577.46 122,046 122,046 122,046
Concho Resources,
Inc. COM 20605P101 33,883,408.62 315,782 315,782 294,282 21,500
Concur Technologies,
Inc. COM 206708109 21,036,676.45 379,381 379,381 366,447 12,934
ConocoPhillips Co. COM 20825C104 59,021,171.88 739,058 739,058 739,058
Consol Energy, Inc. COM 20854P109 51,823,902.50 966,323 960,923 898,259 68,064
Constant Contact,
Inc. COM 210313102 41,406,860.71 1,186,443 1,186,443 1,151,169 35,274
Continental
Resources, Inc. COM 212015101 39,008,111.59 545,797 545,797 532,636 13,161
Continucare Corp. COM 212172100 8,698,104.90 1,625,814 1,625,814 1,357,800 268,014
Cooper Cos., Inc. COM 216648402 115,220,397.49 1,659,041 1,659,031 1,496,813 162,218
Cooper Industries plc COM G24140108 16,807,282.80 258,972 258,972 258,972
Core Laboratories
L.P. CV 0.25% 10/31/2011 21868FAB9 9,884,343.75 4,425,000 4,425,000 1,075,000 3,350,000
Corning, Inc. COM 219350105 251,722,865.84 12,201,787 12,148,460 11,451,432 748,028
Corporate Executive
Board Co. COM 21988R102 775,346.22 19,206 19,206 18,424 782
Corvel Corp. COM 221006109 2,389,164.68 44,926 44,926 37,426 7,500
Costco Wholesale
Corp. COM 22160K105 1,344,615.48 18,339 18,339 18,339
Coventry Healthcare,
Inc. COM 222862104 59,047,428.33 1,851,597 1,851,597 1,713,697 137,900
CPI Aerostructures,
Inc. COM 125919308 3,671,139.99 242,000 242,000 201,700 40,300
CPI Corp. COM 125902106 5,709,121.24 253,626 253,626 211,226 42,400
CRA International,
Inc. COM 12618T105 2,018,100.00 70,000 70,000 70,000
CRA International,
Inc. CV 2.875% 6/15/2034 159852AB8 15,934,112.50 14,585,000 14,585,000 14,585,000
Cracker Barrel Old
Country COM 22410J106 51,223,536.00 1,042,400 1,042,400 913,200 129,200
Crane Co. COM 224399105 35,875,878.53 740,778 740,778 660,178 80,600
Credit Suisse Group
AG Spon ADR 225401108 6,915,119.74 162,403 162,074 162,074
Crown Castle Int'l
Corp. COM 228227104 30,356,872.00 713,440 713,440 713,440
CSX Corp. COM 126408103 21,606,039.60 274,886 274,886 274,886
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
CSX Corp. CV 0% 10/30/2021 126408GA5 3,214,250.00 1,150,000 1,150,000 1,150,000
CTS Corp. COM 126501105 8,141,309.99 753,825 753,825 629,525 124,300
Cullen/Frost
Bankers, Inc. COM 229899109 116,076,876.77 1,966,738 1,966,708 1,884,913 81,795
Cummins, Inc. COM 231021106 13,251,961.80 120,890 120,890 120,890
Curtiss-Wright Corp. COM 231561101 29,616,202.84 842,806 842,806 737,926 104,880
CVB Financial Corp. COM 126600105 56,943,898.13 6,116,423 6,116,423 5,354,153 762,270
CVS Caremark Corp. COM 126650100 127,288,898.88 3,708,884 3,708,847 3,665,835 43,012
Cyberonics, Inc. COM 23251P102 4,897,435.80 153,959 153,959 153,959
Cypress
Semiconductor Corp. COM 232806109 26,169,705.49 1,350,346 1,350,346 1,224,846 125,500
Daktronics, Inc. COM 234264109 2,846,116.25 264,755 264,755 220,855 43,900
Danaher Corp. COM 235851102 14,977,146.30 288,577 288,577 288,577
Danaher Corp. CV 0% 1/22/2021 235851AF9 44,909,200.00 29,840,000 29,778,000 26,383,000 3,395,000
Darden Restaurants,
Inc. COM 237194105 35,477,215.17 722,109 722,109 643,172 78,937
Darling
International, Inc. COM 237266101 17,549,466.00 1,141,800 1,141,800 972,900 168,900
Deckers Outdoor Corp. COM 243537107 51,005,279.80 592,052 592,052 540,472 51,580
Deere & Co. COM 244199105 8,000,691.75 82,575 82,575 82,575
Dell, Inc. COM 24702R101 63,724,742.31 4,391,781 4,391,781 4,289,110 102,671
Delta Air Lines
2010-2 COM 247361702 74,100,936.00 7,561,320 7,482,309 6,942,117 615,842
DemandTec, Inc. COM 24802R506 3,313,030.01 251,750 251,750 251,750
DENTSPLY
International, Inc. COM 249030107 4,305,118.14 116,386 116,386 116,386
Devon Energy Corp. COM 25179M103 205,779,174.74 2,242,336 2,234,285 2,138,278 103,607
DexCom, Inc. COM 252131107 32,200,523.53 2,074,776 2,074,776 2,013,912 60,864
DG FastChannel, Inc. COM 23326R109 18,520,056.00 574,800 574,800 489,700 85,100
Diageo plc Spon ADR 25243Q205 102,004,082.73 1,338,285 1,331,285 1,240,859 97,426
DiamondRock
Hospitality Co. COM 252784301 28,621,706.41 2,562,373 2,562,373 2,233,973 328,400
Dice Holdings, Inc. COM 253017107 4,296,664.48 284,359 284,359 284,359
Dick's Sporting
Goods, Inc. COM 253393102 78,579,690.50 1,965,475 1,965,475 1,862,461 103,014
Diebold, Inc. COM 253651103 46,404,941.76 1,308,656 1,308,656 1,215,856 92,800
DigitalGlobe, Inc. COM 25389M877 981,050.00 35,000 35,000 35,000
Diodes, Inc. COM 254543101 69,305,288.00 2,034,800 2,034,800 1,782,500 252,300
Diodes, Inc. CV 2.25% 10/01/2026 254543AA9 3,829,924.99 3,665,000 3,665,000 680,000 2,985,000
Discovery
Communications, Inc. COM 25470F104 8,242,023.30 206,567 206,567 206,567
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Dolby Laboratories,
Inc. COM 25659T107 5,274,032.54 107,174 107,174 96,246 10,928
Dole Food Co., Inc. COM 256603101 46,100,762.63 3,382,301 3,382,301 2,963,801 418,500
Dollar Financial Corp COM 256664103 4,471,002.50 215,470 215,470 215,470
Dominion Resources,
Inc. COM 25746U109 5,891,817.60 131,808 131,808 116,972 14,836
Donegal Group, Inc. COM 257701201 7,009,904.40 524,301 524,301 436,680 87,621
Dorman Products, Inc. COM 258278100 8,504,074.05 202,045 202,045 168,600 33,445
Dover Corp. COM 260003108 147,167,864.92 2,238,635 2,234,914 2,141,877 96,737
Dow Chemical Co. COM 260543103 339,198,321.50 8,985,386 8,957,079 8,576,405 406,776
DreamWorks Animation
SKG, Inc. COM 26153C103 15,054,130.30 538,995 538,995 481,508 57,487
Drew Industries, Inc. COM 26168L205 8,012,003.98 358,800 358,800 299,500 59,300
Duke Energy Corp. COM 26441C105 28,864,852.50 1,590,350 1,590,350 1,590,350
Duke Realty Corp. COM 264411505 13,590,946.89 970,089 970,089 859,389 110,700
DXP Enterprises, Inc. COM 233377407 2,337,173.12 101,264 101,264 86,331 14,933
Dynamic Materials
Corp. COM 267888105 7,180,354.99 256,900 256,900 214,400 42,500
E.I. du Pont de
Nemours & Co. COM 263534109 78,062,732.09 1,420,097 1,420,097 1,401,992 18,105
East West Bancorp,
Inc. COM 27579R104 36,562,389.82 1,664,954 1,664,954 1,494,854 170,100
Eastman Chemical Co. COM 277432100 75,601,688.75 761,193 761,193 710,093 51,100
Eaton Corp. COM 278058102 388,893,859.22 7,014,680 6,986,020 6,615,159 397,597
Ebix, Inc. COM 278715206 6,368,945.00 269,300 269,300 229,400 39,900
E-Commerce China
Dangdang Inc. Spon ADR 26833A105 9,106,143.89 441,403 441,403 426,246 15,157
El Paso Corp. COM 28336L109 399,607,830.63 22,200,435 22,144,412 21,028,523 1,167,853
Electronics for
Imaging, Inc. COM 286082102 2,970,640.39 201,947 201,947 167,947 34,000
Elster Group SE Spon ADR 290348101 28,142,887.50 1,731,870 1,731,870 1,525,028 206,842
EMC Corp. COM 268648102 173,322,568.35 6,528,157 6,499,681 6,105,331 420,850
EMC Corp. CV 1.75% 12/01/2011 268648AK8 14,060,199.99 8,470,000 8,470,000 6,270,000 2,200,000
EMC Corp. CV 1.75% 12/01/2013 268648AM4 105,852,420.00 61,902,000 61,837,000 56,497,000 5,340,000
EMCOR Group, Inc. COM 29084Q100 115,070,862.22 3,715,559 3,715,559 3,259,359 456,200
Emerson Electric Co. COM 291011104 135,548,368.06 2,319,842 2,305,793 2,132,614 186,479
Encore Capital
Group, Inc. COM 292554102 26,430,956.71 1,115,701 1,115,701 978,897 136,804
Endologix, Inc. COM 29266S106 38,964,517.62 5,746,979 5,746,979 5,574,343 172,636
EnerSys COM 29275Y102 47,880,703.50 1,204,546 1,204,546 1,059,946 144,600
EnerSys CV Step% 06/01/2038 29275YAA0 4,680,315.01 3,748,000 3,748,000 1,345,000 2,403,000
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
ENI S P A Spon ADR 26874R108 14,854,701.15 302,355 302,032 302,032
EnPro Industries,
Inc. COM 29355X107 46,038,360.22 1,267,576 1,267,565 1,140,191 127,374
Entertainment
Properties Trust COM 29380T105 75,302,431.98 1,608,339 1,608,339 1,405,819 202,520
EOG Resources, Inc. COM 26875P101 63,913,509.59 539,309 539,309 529,610 9,699
ePocrates, Inc. COM 29429D103 19,080,864.02 963,680 963,680 933,470 30,210
EQT Corp. COM 26884L109 149,476,697.57 2,995,525 2,995,504 2,865,404 130,100
Equinix, Inc. CV 4.75% 06/15/2016 29444UAH9 6,595,387.50 4,890,000 4,890,000 2,765,000 2,125,000
ERP Operating L.P. CV 3.85% 08/15/2026 26884AAV5 9,352,413.00 9,135,000 9,135,000 6,085,000 3,050,000
Essex Rental Corp. COM 297187106 7,805,055.00 1,107,100 1,107,100 924,200 182,900
Estee Lauder Cos.,
Inc. COM 518439104 1,450,121.64 15,049 15,049 15,049
Exponent, Inc. COM 30214U102 7,063,502.82 158,339 158,339 133,039 25,300
Express Scripts, Inc. COM 302182100 199,942,307.21 3,595,438 3,574,685 3,276,750 318,635
Exterran Energy Corp. CV 4.75% 1/15/2014 410768AE5 14,993,125.01 14,900,000 14,900,000 14,900,000
Exxon Mobil Corp. COM 30231G102 774,935,395.43 9,211,166 9,175,904 8,687,076 522,923
F5 Networks, Inc. COM 315616102 5,417,029.41 52,813 52,813 52,813
Famous Dave's Of
America, Inc. COM 307068106 3,066,029.98 313,500 313,500 239,400 74,100
FARO Technologies,
Inc. COM 311642102 78,106,039.98 1,952,651 1,952,651 1,777,594 175,057
Ferro Corp. COM 315405100 92,549,455.11 5,578,629 5,578,629 4,861,179 717,450
Fifth Third Bank COM 316773100 123,819,288.24 8,920,698 8,920,698 8,690,511 230,187
Fifth Third Bank CVPFD 8.5% 12/31/2049 316773209 35,244,720.00 238,140 238,140 185,490 52,650
Financial Engines,
Inc. COM 317485100 67,010,321.10 2,431,434 2,431,434 2,356,259 75,175
Finisar Corp. COM 31787A507 5,178,939.60 210,526 210,526 210,526
First Financial
Bancorp COM 320209109 74,039,527.10 4,436,161 4,436,161 3,882,041 554,120
First Horizon
National Corp. COM 320517105 26,283,481.66 2,344,646 2,344,646 2,073,144 271,502
First PacTrust
Bancorp, Inc. COM 33589V101 3,480,439.76 218,758 218,758 183,058 35,700
Fiserv, Inc. COM 337738108 127,356,660.48 2,030,559 2,030,559 1,915,359 115,200
Fisher Scientific
Int'l, Inc. 3.25% 3/1/2024 338032AX3 16,249,312.50 11,850,000 11,850,000 11,850,000
Five Star Quality
Care, Inc. CV 3.75% 10/15/2026 33832DAB2 12,546,950.00 12,610,000 12,610,000 10,685,000 1,925,000
FleetCor
Technologies, Inc. COM 339041105 65,328,001.71 2,000,245 2,000,245 1,743,050 257,195
FLIR Systems, Inc. COM 302445101 5,541,061.00 160,100 160,100 155,300 4,800
Flowserve Corp. COM 34354P105 10,234,448.00 79,460 79,460 79,460
Fluor Corp. COM 343412102 35,565,036.82 482,827 476,827 421,403 61,424
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Fluor Corp. CV 1.5% 2/15/2024 343412AA0 13,036,747.50 4,869,000 4,869,000 2,854,000 2,015,000
FMC Technologies,
Inc. COM 30249U101 5,705,269.28 60,386 60,386 60,386
Ford Motor Co. COM 345370860 279,648,038.67 18,755,737 18,670,813 17,747,759 1,002,975
Ford Motor Co. CV 4.25% 11/15/2016 345370CN8 79,282,984.99 43,622,000 43,578,000 35,733,000 7,845,000
Forest Oil Corp. COM 346091705 46,287,501.78 1,223,566 1,223,553 1,092,533 131,020
FormFactor, Inc. COM 346375108 4,681,350.01 454,500 454,500 379,300 75,200
Fortinet, Inc. COM 34959E109 42,600,140.00 968,185 968,185 937,789 30,396
Fortune Brands, Inc. COM 349631101 153,609,123.33 2,481,970 2,481,970 2,365,970 116,000
Fossil, Inc. COM 349882100 28,521,763.05 304,557 304,557 294,117 10,440
Franklin Resources,
Inc. COM 354613101 9,864,309.12 78,864 78,864 76,443 2,421
Freeport-McMoRan,
Inc. COM 35671D857 132,263,605.65 2,380,983 2,375,283 2,286,419 94,564
Fresenius Medical
Care AG Co. Spon ADR 358029106 5,801,183.36 85,918 85,743 85,743
FTI Consulting, Inc. COM 302941109 32,663,676.10 852,170 852,170 746,770 105,400
FTI Consulting, Inc. CV 3.75% 07/15/2012 302941AB5 9,687,600.00 7,488,000 7,488,000 7,488,000
Gafisa S.A. Spon ADR 362607301 8,561,134.20 666,755 665,403 665,403
GATX Corp. COM 361448103 71,441,321.74 1,847,939 1,847,939 1,618,688 229,251
Gaylord
Entertainment Co. COM 367905106 70,453,980.60 2,031,545 2,031,545 1,811,129 220,416
General Cable Corp. COM 369300108 68,553,469.30 1,583,221 1,583,221 1,446,821 136,400
General Cable Corp. CV Step% 11/15/2029 369300AL2 8,407,500.00 6,000,000 6,000,000 6,000,000
General Electric Co. COM 369604103 250,435,782.33 12,490,563 12,487,730 12,359,680 128,050
General Mills, Inc. COM 370334104 30,102,214.50 823,590 823,590 823,590
General Motors Co. COM 37045V100 44,157,737.98 1,423,066 1,423,066 1,400,596 22,470
General Motors Co. CVPFD 4.75% 12/01/2013 37045V209 51,201,510.40 1,062,272 1,061,618 804,668 256,950
Genesco, Inc. COM 371532102 56,850,840.00 1,414,200 1,414,200 1,238,498 175,702
Genesee & Wyoming,
Inc. COM 371559105 101,448,652.80 1,743,104 1,743,104 1,584,789 158,315
Gentex Corp. COM 371901109 46,028,551.27 1,521,605 1,521,605 1,393,205 128,400
Gentiva Health
Services, Inc. COM 37247A102 56,224,423.98 2,005,866 2,005,866 1,756,256 249,610
Genuine Parts Co. COM 372460105 9,118,800.00 170,000 170,000 170,000
Genzyme Corp. COM 372917104 3,274,450.00 43,000 43,000 43,000
Gilead Sciences, Inc. COM 375558103 10,263,477.40 241,835 241,835 232,110 9,725
Gilead Sciences, Inc. CV 0.625% 05/01/2013 375558AH6 72,608,758.75 59,333,000 59,265,000 55,340,000 3,925,000
GlaxoSmithKline plc Spon ADR 37733W105 33,587,739.73 874,453 873,808 794,033 79,775
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Global Defense Tech
& Systems COM 37950B107 1,238,005.31 51,115 51,115 41,715 9,400
Global Geophysical
Services COM 37946S107 4,125,597.08 285,311 285,311 285,311
Global Payments, Inc. COM 37940X102 33,108,126.51 676,781 676,781 605,081 71,700
Goldman Sachs Group,
Inc. COM 38141G104 570,969,945.51 3,603,016 3,590,720 3,424,243 178,103
Goodrich (B.F.) Co. COM 382388106 11,429,716.02 133,634 133,634 120,464 13,170
Google, Inc. COM 38259P508 39,526,381.67 67,427 67,427 61,491 5,936
Graham Packaging
Co., Inc. COM 384701108 21,823,998.42 1,252,094 1,252,094 1,067,283 184,811
Granite
Construction, Inc. COM 387328107 39,871,005.70 1,418,897 1,418,897 1,246,369 172,528
Green Dot Corp. COM 39304D102 11,978,326.50 279,150 279,150 269,565 9,585
Green Mountain
Coffee Roasters COM 393122106 11,350,814.02 175,682 175,682 175,682
Greif, Inc. COM 397624107 100,929,134.43 1,543,023 1,543,023 1,403,573 139,450
GSI Commerce, Inc. COM 36238G102 6,293,050.00 215,000 215,000 215,000
GSI Commerce, Inc. CV 2.5% 06/01/2027 36238GAD4 62,486,740.00 55,298,000 55,206,000 50,236,000 4,970,000
Guess, Inc. COM 401617105 53,626,691.55 1,362,813 1,362,813 1,234,013 128,800
GulfMark Offshore,
Inc. COM 402629208 96,031,348.54 2,157,523 2,157,523 1,942,944 214,579
H&E Equipment
Services, Inc. COM 404030108 4,344,525.80 222,682 222,682 185,882 36,800
H.J. Heinz Co. COM 423074103 7,110,388.90 145,645 145,645 145,645
Haemonetics Corp. COM 405024100 56,674,862.98 864,737 864,737 757,837 106,900
Halliburton Co. COM 406216101 331,300,186.01 6,647,275 6,624,340 6,315,351 330,865
Hancock Holding Co. COM 410120109 50,906,334.92 1,550,132 1,550,132 1,455,236 94,896
Hansen Natural Corp. COM 411310105 21,863,490.00 363,000 363,000 309,300 53,700
Harley-Davidson, Inc. COM 412822108 10,532,973.57 247,893 247,893 247,893
Harsco Corp. COM 415864107 70,505,891.00 1,997,900 1,997,900 1,750,800 247,100
Hartford Financial
Group, Inc. CVPFD 7.25% 04/01/2013 416515708 26,760,661.92 1,026,099 1,025,512 875,212 150,300
Hasbro, Inc. COM 418056107 8,681,325.60 185,340 185,340 185,340
HCA Holdings, Inc. COM 40412C101 145,757,072.49 4,303,427 4,286,900 4,052,722 250,678
HCC Insurance
Holdings, Inc. COM 404132102 32,678,246.97 1,043,700 1,043,700 930,500 113,200
Health Care REIT,
Inc. CV 3% 12/01/2029 42217KAR7 6,174,162.50 5,410,000 5,387,000 4,787,000 600,000
Health Care REIT,
Inc. CV 4.75% 07/15/2027 42217KAQ9 14,240,325.00 12,630,000 12,630,000 8,900,000 3,730,000
HealthSouth Corp. COM 421924309 23,915,852.00 957,400 957,400 942,200 15,200
HealthSpring, Inc. COM 42224N101 90,205,312.91 2,413,843 2,413,843 2,115,477 298,366
Heartland Express,
Inc. COM 422347104 103,225,002.22 5,878,417 5,878,417 5,149,219 729,198
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
HeartWare
International, Inc. COM 422368100 17,020,812.12 199,004 199,004 193,755 5,249
HeartWare
International, Inc. CV 3.5% 12/15/2017 422368AA8 5,656,250.00 5,000,000 5,000,000 1,780,000 3,220,000
HEICO Corp. Class A 422806208 11,143,570.28 247,745 247,745 210,995 36,750
HEICO Corp. COM 422806109 41,404,245.12 662,256 662,256 613,723 48,533
Helix Energy
Solutions, Inc. COM 42330P107 16,623,387.20 966,476 966,476 850,276 116,200
Helix Energy
Solutions, Inc. CV 3.25% 12/15/2025 127914AB5 2,345,343.75 2,325,000 2,325,000 300,000 2,025,000
Helmerich & Payne,
Inc. COM 423452101 17,898,690.68 260,572 260,572 256,372 4,200
Herbalife Ltd. COM G4412G101 19,574,890.56 240,596 240,596 211,026 29,570
Herman Miller, Inc. COM 600544100 31,135,806.27 1,132,623 1,132,623 965,123 167,500
Hertz Global
Holdings, Inc. COM 42805T105 351,904,542.18 22,514,686 22,400,803 21,133,974 1,373,651
Hertz Global
Holdings, Inc. CV 5.25% 06/01/2014 42805TAA3 21,040,320.00 10,416,000 10,379,000 8,964,000 1,415,000
Hess Corp. COM 42809H107 303,407,332.21 3,560,701 3,548,417 3,388,618 171,680
Hewlett-Packard Co. COM 428236103 54,592,729.85 1,332,505 1,332,037 1,300,412 31,625
Hexcel Corp. COM 428291108 153,894,007.74 7,815,846 7,815,846 7,013,869 801,977
Hibbett Sports Inc. COM 428567101 5,664,891.34 158,193 158,193 158,193
Higher One Holdings,
Inc. COM 42983D104 14,927,745.90 1,033,062 1,033,062 1,001,615 31,447
hiSoft Technology
Intl Ltd. Spon ADR 43358R108 21,248,566.91 1,134,467 1,134,467 1,053,481 80,986
Hollysys Automation
Tech Ltd. COM G45667105 8,336,958.71 626,839 626,839 612,091 14,748
Home Bancshares, Inc. COM 436893200 16,405,343.51 721,114 721,114 614,464 106,650
Home Depot USA, Inc. COM 437076102 11,992,282.46 323,591 323,591 307,720 15,871
Honda Motor Co., Ltd. Spon ADR 438128308 9,690,295.89 258,339 258,016 258,016
Honeywell
International, Inc. COM 438516106 70,889,324.17 1,187,227 1,187,227 1,163,465 23,762
Hospira, Inc. COM 441060100 7,308,204.00 132,395 132,395 132,395
Host Hotels &
Resorts, Inc. COM 44107P104 109,923,768.47 6,242,122 6,242,122 6,073,155 168,967
Hovnanian
Enterprises, Inc. CVPFD 7.25% 02/15/2014 44248W208 2,014,000.00 95,000 95,000 34,800 60,200
HSBC Holdings plc Spon ADR 404280406 34,196,132.60 660,157 659,457 614,257 45,200
HSN, Inc. COM 404303109 107,368,243.34 3,352,115 3,321,862 3,013,433 335,899
HUB Group, Inc. Class A 443320106 59,285,770.39 1,638,181 1,638,181 1,431,533 206,648
Human Genome
Sciences, Inc. COM 444903108 84,697,990.67 3,085,537 3,085,537 3,005,381 80,156
Human Genome
Sciences, Inc. CV 2.25% 08/15/2012 444903AM0 25,072,125.00 15,429,000 15,403,000 15,403,000
Human Genome
Sciences, Inc. CV 2.25% 10/15/2011 444903AK4 50,481,000.00 28,400,000 28,400,000 23,900,000 4,500,000
Humana, Inc. COM 444859102 164,351,586.34 2,349,894 2,342,452 2,218,820 131,032
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Huntington
Bancshares, Inc. COM 446150104 31,020,838.33 4,671,813 4,671,813 4,318,814 352,999
Huntsman Corp. COM 447011107 25,552,892.86 1,470,247 1,470,247 1,452,247 18,000
Hyatt Hotels Corp. COM 448579102 90,771,876.48 2,109,012 2,091,071 1,914,408 193,633
IAMGOLD Corp. COM 450913108 70,192,273.20 3,187,660 3,187,660 3,062,260 125,400
IBERIABANK Corp. COM 450828108 44,817,053.68 745,336 745,336 640,220 105,116
ICU Medical, Inc. COM 44930G107 9,513,393.98 217,300 217,300 181,500 35,800
IDEX Corp. COM 45167R104 26,653,170.15 610,611 610,611 520,211 90,400
II-VI, Inc. COM 902104108 31,553,390.25 634,239 634,239 556,092 78,147
Illumina, Inc. COM 452327109 4,899,294.40 69,920 69,920 69,920
Illumina, Inc. CV .625% 02/15/2014 452327AB5 3,255,612.50 1,015,000 1,015,000 415,000 600,000
IMAX Corp. COM 45245E109 39,122,061.41 1,223,329 1,223,329 1,183,611 39,718
IMPAX Laboratories,
Inc. COM 45256B101 27,299,044.30 1,072,654 1,072,654 1,035,827 36,827
Imperial Oil Ltd. COM 453038408 82,402,772.83 1,613,526 1,603,202 1,472,602 140,900
Incyte Corp. COM 45337C102 7,265,735.10 458,406 458,406 442,842 15,564
Incyte Corp. CV 4.75% 10/01/2015 45337CAJ1 23,429,532.49 11,671,000 11,671,000 8,041,000 3,630,000
Informatica Corp. COM 45666Q102 56,841,909.00 1,088,300 1,088,300 962,700 125,600
ING Groep NV Spon ADR 456837103 14,722,425.14 1,158,334 1,156,001 1,156,001
Ingersoll-Rand Co.,
Ltd. CV 4.5% 04/15/2012 45687AAD4 49,936,480.00 18,359,000 18,341,000 14,916,000 3,425,000
Ingersoll-Rand plc COM G47791101 50,306,700.61 1,041,331 1,041,331 1,027,731 13,600
Ingles Markets, Inc. COM 457030104 13,074,857.53 660,013 660,013 660,013
Innospec, Inc. COM 45768S105 21,322,313.56 667,574 667,574 568,589 98,985
Inphi Corp. COM 45772F107 22,405,946.45 1,066,442 1,066,442 1,036,585 29,857
Insulet Corp. COM 45784P101 32,539,535.35 1,578,057 1,578,057 1,534,534 43,523
Integra LifeSciences
Holdings COM 457985208 36,102,932.48 761,344 761,344 667,527 93,817
Intel Corp. COM 458140100 223,441,505.21 11,077,913 11,033,049 10,419,122 657,299
Intel Corp. CV 2.95% 12/15/2035 458140AD2 52,987,957.51 51,258,000 51,235,000 45,160,000 6,075,000
Inter Parfums, Inc. COM 458334109 2,139,904.09 115,608 115,608 115,608
Intermune, Inc. COM 45884X103 35,756,665.23 757,717 757,717 732,286 25,431
International Game
Technology CV 3.25% 05/01/2014 459902AQ5 36,466,252.50 31,641,000 31,553,000 26,958,000 4,595,000
International Paper
Co. COM 460146103 142,477,516.50 4,720,925 4,675,134 4,175,090 543,944
Interpublic Group of
Co., Inc. COM 460690100 368,901,016.28 29,347,734 29,347,480 28,004,614 1,342,866
Interpublic Group of
Co., Inc. CV 4.25% 03/15/2023 460690BA7 28,807,987.51 25,105,000 25,105,000 15,280,000 9,825,000
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Int'l Business
Machines Corp. COM 459200101 8,615,314.24 52,832 52,832 52,832
IntraLinks Holdings,
Inc. COM 46118H104 34,514,039.99 1,290,727 1,290,727 1,251,352 39,375
Intuit, Inc. COM 461202103 65,893,860.90 1,240,939 1,240,923 1,206,123 34,800
Intuitive Surgical,
Inc. COM 46120E602 9,004,420.38 27,003 27,003 27,003
Invacare Corp. COM 461203101 66,943,414.56 2,151,138 2,151,138 1,881,488 269,650
Invesco Ltd. COM G491BT108 151,458,029.28 5,925,588 5,898,993 5,505,781 419,712
ION Geophysical Corp. COM 462044108 32,180,215.68 2,535,872 2,535,872 2,449,710 86,162
IPG Photonics Corp. COM 44980X109 55,252,998.64 957,923 957,923 929,638 28,285
iRobot Corp. COM 462726100 35,937,192.71 1,092,648 1,092,648 1,061,637 31,011
iStar Financial, Inc. CV Adj% 10/01/2012 45031UBF7 921,625.00 1,010,000 1,010,000 1,010,000
Itau Unibanco Banco
S.A. Spon ADR 465562106 9,172,285.20 381,384 380,614 380,614
Itron, Inc. CV 2.5% 08/01/2026 465741AJ5 35,137,162.50 33,990,000 33,990,000 32,835,000 1,155,000
J & J Snack Foods
Corp. COM 466032109 20,934,429.57 444,751 444,751 379,017 65,734
J.C. Penney Co., Inc. COM 708160106 67,566,137.31 1,881,541 1,881,541 1,865,859 15,682
Jack Henry & Assoc.,
Inc. COM 426281101 37,067,187.50 1,093,750 1,093,750 952,400 141,350
Jacobs Engineering
Group, Inc. COM 469814107 65,379,667.47 1,271,236 1,271,236 1,171,836 99,400
Janus Capital Group,
Inc. CV 3.25% 07/15/2014 47102XAG0 10,572,670.00 8,774,000 8,774,000 8,774,000
JDS Uniphase Corp. COM 46612J507 4,480,600.00 215,000 215,000 215,000
Jefferies Group, Inc. CV 3.875% 11/01/2029 472319AG7 26,779,493.75 25,657,000 25,589,000 25,589,000
JinkoSolar Holding
Co., Ltd Spon ADR 47759T100 2,960,739.00 109,657 109,657 109,657
John Wiley & Sons,
Inc. COM 968223206 47,859,810.03 941,381 941,381 826,081 115,300
Johnson & Johnson,
Inc. COM 478160104 147,672,685.50 2,492,366 2,491,654 2,451,489 40,165
Johnson Controls,
Inc. COM 478366107 1,223,820.80 29,440 29,440 29,440
Jones Lang LaSalle,
Inc. COM 48020Q107 32,473,947.64 325,586 325,586 277,386 48,200
Jos. A. Bank
Clothiers, Inc. COM 480838101 63,243,840.00 1,243,000 1,243,000 1,089,400 153,600
Joy Global, Inc. COM 481165108 45,402,305.71 459,491 459,491 459,491
JPMorgan Chase & Co. COM 46625H100 773,629,332.25 16,781,547 16,716,760 15,916,828 860,218
Juniper Networks,
Inc. COM 48203R104 6,531,531.36 155,217 155,217 155,217
K12, Inc. COM 48273U102 28,326,636.10 840,553 840,553 816,041 24,512
Kadant, Inc. COM 48282T104 9,747,918.01 372,200 372,200 310,800 61,400
Kaman Corp. COM 483548103 12,638,208.00 359,040 359,040 305,940 53,100
Kansas City Southern COM 485170302 114,418,289.77 2,101,346 2,101,339 1,929,611 171,728
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Kaydon Corp. COM 486587108 35,518,563.23 906,317 906,317 797,117 109,200
KBW, Inc. COM 482423100 41,664,361.51 1,590,850 1,590,850 1,404,250 186,600
Kellogg Co. COM 487836108 10,105,757.74 187,213 187,213 178,371 8,842
Kendle
International, Inc. COM 48880L107 5,578,946.13 520,910 520,910 435,000 85,910
Kennametal, Inc. COM 489170100 124,623,291.05 3,195,469 3,195,434 2,977,234 218,200
Key Energy Services,
Inc. COM 492914106 109,349,015.06 7,032,091 7,032,091 6,190,041 842,050
KeyCorp COM 493267108 151,054,341.10 17,010,624 16,914,390 15,649,822 1,354,968
KeyCorp CVPFD 7.75% 12/31/2049 493267405 2,482,916.00 22,090 21,711 21,711
KForce, Inc. COM 493732101 56,908,955.69 3,109,779 3,109,779 2,667,699 442,080
Kinetic Concepts,
Inc. COM 49460W208 165,095,804.42 3,033,734 3,033,682 2,894,326 139,356
Kirby Corp. COM 497266106 101,559,243.38 1,772,722 1,772,722 1,556,002 216,720
KMG Chemicals, Inc. COM 482564101 10,074,019.87 512,412 512,412 430,809 81,603
Knight
Transportation, Inc. COM 499064103 35,918,209.25 1,865,881 1,865,881 1,635,761 230,120
Kodiak Oil and Gas
Corp. COM 50015Q100 20,508,197.50 3,060,925 3,060,925 2,970,641 90,284
Kohl's Corp. COM 500255104 34,912,413.12 658,228 658,228 651,284 6,944
Koninklijke Philips
Electronics NV NY Reg Shares 500472303 16,163,076.59 502,427 501,414 501,414
Koppers Holdings,
Inc. COM 50060P106 108,786,448.39 2,547,692 2,547,692 2,276,074 271,618
Korn/Ferry
International, Inc. COM 500643200 52,924,543.65 2,376,495 2,376,495 2,078,795 297,700
Kraft Foods, Inc. COM 50075N104 32,118,567.04 1,024,189 1,024,189 1,024,189
Kraton Performance
Polymers COM 50077C106 44,090,775.00 1,152,700 1,152,700 982,200 170,500
Kroger Co. COM 501044101 45,650,673.25 1,904,492 1,887,661 1,779,696 123,297
Kronos Worldwide,
Inc. COM 50105F105 19,908,128.45 340,601 340,601 290,201 50,400
KT Corporation Spon ADR 48268K101 224,595.00 11,500 11,500 11,500
Kubota Corp. Spon ADR 501173207 16,071,246.73 341,143 340,455 340,455
L.B. Foster Co. COM 350060109 10,206,766.71 236,761 236,761 197,590 39,171
L-3 Communications
Hldgs, Inc. CV 3% 8/1/2035 502413AW7 405,500.00 400,000 400,000 400,000
Laboratory Corp. of
America CV 0% 09/11/2021 50540RAG7 9,460,333.78 7,637,000 7,637,000 4,657,000 2,980,000
Lam Research Corp. COM 512807108 24,662,794.82 435,277 435,277 380,777 54,500
Lasalle Hotel
Properties COM 517942108 14,971,500.00 554,500 554,500 472,500 82,000
Lattice
Semiconductor Corp. COM 518415104 6,574,369.99 1,114,300 1,114,300 930,200 184,100
Lazard Ltd. COM G54050102 239,276,060.11 5,754,595 5,754,595 5,600,295 154,300
Lear Corp. COM 521865204 21,274,186.14 435,322 435,322 425,822 9,500
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Legg Mason, Inc. COM 524901105 23,683,882.05 656,245 650,022 555,287 100,935
Legg Mason, Inc. CVPFD 7% 06/30/2011 524901303 11,730,883.80 359,292 358,284 358,284
Liberty Media (VIA) CV 3.25% 3/15/2031 530715AR2 44,921,250.00 54,450,000 54,450,000 54,450,000
Life Technologies
Corp. CV 1.5% 2/15/2024 46185RAK6 27,960,000.00 24,000,000 24,000,000 21,505,000 2,495,000
Life Technologies
Corp. CV 3.25% 6/15/2025 46185RAM2 18,652,537.52 16,710,000 16,686,000 13,561,000 3,125,000
Limited Brands, Inc. COM 532716107 8,726,187.60 265,395 265,395 265,395
Linear Technology
Corp. COM 535678106 4,452,746.52 132,404 132,404 132,404
Liquidity Services,
Inc. COM 53635B107 2,815,718.30 157,655 157,655 157,655
Littelfuse, Inc. COM 537008104 82,038,539.20 1,436,752 1,436,752 1,258,238 178,514
LivePerson, Inc. COM 538146101 2,305,346.40 182,385 182,385 182,385
LogMeIn, Inc. COM 54142L109 2,334,441.37 55,371 55,371 55,371
LPL Investment
Holdings, Inc. COM 50213H100 87,400,929.88 2,440,685 2,440,630 2,358,830 81,800
LSB Industries, Inc. COM 502160104 10,976,315.96 276,900 276,900 231,300 45,600
Lululemon Athletics,
Inc. COM 550021109 46,299,232.20 519,924 519,924 504,686 15,238
Lumber Liquidators,
Inc. COM 55003T107 5,706,341.55 228,345 228,345 220,369 7,976
LyondellBasell
Industries NV Class A N53745100 142,445,534.35 3,601,657 3,601,599 3,502,885 98,714
M&T Bank Corp. COM 55261F104 105,112,755.23 1,188,118 1,179,444 1,065,543 122,326
Macy's, Inc. COM 55616P104 38,236,355.82 1,576,107 1,576,107 1,494,648 81,459
Magnum Hunter
Resources Corp COM 55973B102 3,952,278.31 461,176 461,176 461,176
MAKO Surgical Corp. COM 560879108 3,126,035.00 129,175 129,175 129,175
Marathon Oil Corp. COM 565849106 42,374,839.56 794,876 793,792 779,940 13,852
Marcus Corp. (The) COM 566330106 3,636,883.11 333,659 333,659 278,459 55,200
Markel Corp. COM 570535104 13,151,327.40 31,732 31,732 31,332 400
MarketAxess
Holdings, Inc. COM 57060D108 5,090,639.39 210,357 210,357 210,357
Marlin Business
Services Corp. COM 571157106 7,375,001.02 597,650 597,650 498,950 98,700
Marriott
International, Inc. COM 571903202 186,669,478.67 5,246,472 5,230,253 5,045,639 199,509
Marsh & McLennan Cos. COM 571748102 133,156,172.50 4,466,829 4,440,375 4,114,333 352,442
Marten Transport Ltd. COM 573075108 7,763,142.92 348,123 348,123 290,523 57,600
Masimo Corp. COM 574795100 48,983,332.90 1,479,859 1,479,859 1,369,536 110,323
Mastercard, Inc. COM 57636Q104 153,209,126.27 608,649 605,138 559,357 49,281
Materion Corp COM 576690101 29,760,417.61 729,422 729,422 707,493 21,929
MAXIMUS, Inc. COM 577933104 74,884,438.71 922,563 922,563 807,688 114,875
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
MaxLinear, Inc. COM 57776J100 1,519,848.75 186,028 186,028 186,028
Maxwell
Technologies, Inc. COM 577767106 26,283,230.28 1,521,901 1,521,901 1,476,830 45,071
McDonald's Corp. COM 580135101 9,649,353.35 126,815 126,815 126,815
McGrath RentCorp. COM 580589109 7,722,863.98 283,200 283,200 236,500 46,700
McKesson Corp. COM 58155Q103 258,762,744.30 3,273,406 3,267,207 3,157,980 115,127
Medco Health
Solutions, Inc. COM 58405U102 10,226,455.20 182,095 182,095 163,140 18,955
Medicis
Pharmaceutical Corp. COM 584690309 24,822,124.92 774,723 774,723 747,132 27,591
Medifast, Inc. COM 58470H101 6,387,149.99 323,400 323,400 270,000 53,400
MEDNAX, Inc. COM 58502B106 18,730,732.00 281,200 281,200 239,600 41,600
Medtronic, Inc. 1.5% 04/15/2011 585055AL0 1,503,750.00 1,500,000 1,500,000 1,500,000
Medtronic, Inc. COM 585055106 787,000.00 20,000 20,000 20,000
Medtronic, Inc. CV 1.625% 04/15/2013 585055AM8 51,812,099.99 50,060,000 50,060,000 36,760,000 13,300,000
Men's Wearhouse, Inc. COM 587118100 22,988,254.75 849,529 849,529 757,729 91,800
Merck & Co., Inc. COM 58933Y105 128,391,965.87 3,889,487 3,888,389 3,858,097 30,292
Mercury Computer
Systems, Inc. COM 589378108 9,792,848.03 462,800 462,800 386,300 76,500
Meredith Corp. COM 589433101 59,900,718.71 1,765,941 1,765,941 1,658,241 107,700
Merit Medical
Systems, Inc. COM 589889104 9,835,506.00 501,300 501,300 418,600 82,700
Meritor Inc. CV Step% 03/01/2026 043353AF8 41,268,228.75 36,561,000 36,538,000 31,713,000 4,825,000
Metalico, Inc. COM 591176102 3,483,231.09 560,005 560,005 466,935 93,070
Methode Electronics,
Inc. COM 591520200 8,121,746.39 672,330 672,330 560,930 111,400
MetLife, Inc. COM 59156R108 150,319,414.35 3,360,595 3,340,596 3,135,666 224,219
MetLife, Inc. CVPFD 5% 09/11/13 59156R116 100,488,364.10 1,184,306 1,182,960 1,033,110 149,850
MF Global Hldgs Ltd. CV 1.875% 02/01/2016 55277JAA6 7,347,656.25 7,125,000 7,125,000 3,900,000 3,225,000
MF Global Hldgs Ltd. CV 9% 06/20/2038 55276YAB2 4,261,556.25 3,555,000 3,555,000 1,705,000 1,850,000
MGIC Investment Corp. COM 552848103 57,136,181.13 6,427,017 6,427,017 5,628,768 798,249
MGM Resorts Int'l COM 552953101 19,550,617.85 1,486,739 1,486,739 1,373,003 113,736
Michael Baker Corp. COM 057149106 5,380,857.02 185,100 185,100 154,500 30,600
Micron Technology,
Inc. COM 595112103 86,270,983.14 7,528,009 7,528,009 7,363,051 164,958
Micron Technology,
Inc. CV 1.875% 06/01/2014 595112AH6 13,305,557.50 12,179,000 12,179,000 5,494,000 6,685,000
Microsoft Corp. COM 594918104 75,473,946.70 2,976,102 2,976,086 2,915,476 60,610
Middleby Corp. COM 596278101 55,758,331.14 598,137 598,137 537,070 61,067
MidSouth Bancorp,
Inc. COM 598039105 7,459,234.46 515,853 515,853 428,553 87,300
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Mitsubishi UFJ
Financial Group Spon ADR 606822104 7,112,156.60 1,546,121 1,543,004 1,543,004
Mobile Mini, Inc. COM 60740F105 11,916,322.02 496,100 496,100 414,100 82,000
Modine Manufacturing
Co. COM 607828100 7,584,185.99 469,900 469,900 392,400 77,500
Mohawk Industries,
Inc. COM 608190104 15,573,743.15 254,681 254,681 227,981 26,700
Molson Coors Brewing
Co. CV 2.5% 07/30/2013 60871RAA8 57,734,040.03 49,504,000 49,410,000 41,655,000 7,755,000
Monro Muffler Brake,
Inc. COM 610236101 2,166,588.12 65,694 65,694 65,694
Monsanto Co. COM 61166W101 93,070,012.88 1,287,988 1,287,988 1,262,491 25,497
Monster Worldwide,
Inc. COM 611742107 29,427,402.00 1,850,780 1,850,780 1,708,934 141,846
Moody's Corp. COM 615369105 7,328,697.02 216,122 216,122 216,122
Moog, Inc. COM 615394202 88,766,251.08 1,933,484 1,933,484 1,696,814 236,670
Morgan Stanley COM 617446448 146,965,668.07 5,379,417 5,377,268 5,307,424 69,844
Mosaic Co. COM 61945A107 108,891,956.25 1,382,755 1,370,727 1,220,166 161,961
MSC Industrial
Direct Co. Class A 553530106 31,986,787.55 467,165 467,165 408,465 58,700
Multi-Color Corp. COM 625383104 14,362,337.53 710,655 710,655 603,255 107,400
Murphy Oil Corp. COM 626717102 23,124,803.72 314,966 314,966 302,866 12,100
MWI Veterinary
Supply, Inc. COM 55402X105 5,855,835.09 72,581 72,581 72,581
Mylan Laboratories,
Inc. COM 628530107 159,052,629.38 7,015,996 7,015,996 6,700,143 315,853
Mylan Laboratories,
Inc. CV 3.75% 09/15/2015 628530AJ6 17,500,065.00 9,498,000 9,475,000 8,065,000 1,410,000
MYR Group, Inc. COM 55405W104 13,309,422.89 556,414 556,414 498,314 58,100
Nash Finch CV Step% 03/15/2035 631158AD4 7,680,750.00 15,400,000 15,400,000 8,440,000 6,960,000
National Grid plc Spon ADR 636274300 15,808,859.08 329,077 328,405 328,405
National Oilwell
Varco, Inc. COM 637071101 1,884,961.33 23,779 23,779 23,779
Navigators Group,
Inc. (The) COM 638904102 60,473,926.50 1,174,251 1,174,251 1,026,551 147,700
Neenah Paper, Inc. COM 640079109 1,050,231.91 47,803 47,803 39,903 7,900
Neogen Corp. COM 640491106 2,167,111.98 52,371 52,371 52,371
NeoPhotonics Corp. COM 64051T100 7,738,618.67 684,228 684,228 666,270 17,958
NetApp, Inc. COM 64110D104 13,426,754.22 278,679 278,679 278,679
NetApp, Inc. CV 1.75% 06/01/2013 64110DAB0 28,687,055.00 18,028,000 18,006,000 14,406,000 3,600,000
NetLogic
Microsystems, Inc. COM 64118B100 72,573,708.46 1,727,123 1,727,123 1,605,058 122,065
Netsuite, Inc. COM 64118Q107 19,016,109.92 653,924 653,924 630,752 23,172
Newell Rubbermaid,
Inc. COM 651229106 24,209,340.23 1,265,517 1,265,517 1,131,217 134,300
Newmont Mining Corp. COM 651639106 10,170,437.20 186,340 186,340 163,590 22,750
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Newmont Mining Corp. CV 1.25% 07/15/2014 651639AH9 46,499,366.25 35,127,000 35,127,000 34,302,000 825,000
Newmont Mining Corp. CV 1.625% 07/15/2017 651639AJ5 17,209,027.50 12,677,000 12,633,000 12,633,000
Newmont Mining Corp. CV 3% 02/15/2012 651639AK2 44,431,290.02 36,123,000 36,072,000 28,252,000 7,820,000
News Corp. COM 65248E104 87,851,275.20 5,002,920 5,002,920 5,002,920
NextEra Energy, Inc. COM 65339F101 170,262,097.16 3,088,935 3,074,932 2,887,768 200,764
NIC Inc. COM 62914B100 21,977,022.76 1,763,806 1,763,806 1,529,436 234,370
Nike, Inc. COM 654106103 672,291.70 8,881 8,881 8,881
Nippon Telegraph &
Telephone Spon ADR 654624105 11,075,133.03 492,447 491,452 491,452
NJ Resources Corp. COM 646025106 28,881,512.86 672,445 672,445 595,995 76,450
Noah Holdings Ltd. Spon ADR 65487X102 9,148,811.97 625,346 625,346 608,123 17,223
Noranda Aluminum
Holding Corp. COM 65542W107 17,554,559.10 1,093,742 1,093,742 931,842 161,900
Nordstrom, Inc. COM 655664100 10,585,935.36 235,872 235,872 235,872
Northeast Utility
Service Co. COM 664397106 19,154,006.40 553,584 553,584 532,284 21,300
Northrim BanCorp,
Inc. COM 666762109 2,302,673.94 120,622 120,622 100,422 20,200
Novartis AG Spon ADR 66987V109 9,978,388.25 183,595 183,223 183,223
Novo Nordisk A/S Spon ADR 670100205 1,317,294.37 10,519 10,519 10,519
Nuance
Communications, Inc. COM 67020Y100 44,168,299.08 2,258,093 2,258,093 2,101,793 156,300
Nuance
Communications, Inc. CV 2.75% 08/15/2027 67020YAB6 30,563,708.75 24,281,000 24,281,000 19,956,000 4,325,000
Nucor Corp. COM 670346105 5,431,142.34 118,017 118,017 118,017
NuVasive, Inc. CV 2.25% 03/15/2013 670704AB1 10,552,875.00 10,700,000 10,700,000 6,995,000 3,705,000
NVIDIA Corp. COM 67066G104 7,818,972.98 423,563 423,563 423,563
NxStage Medical, Inc. COM 67072V103 19,724,808.02 897,398 897,398 872,409 24,989
Oasis Petroleum, Inc. COM 674215108 26,652,656.10 842,905 842,905 814,009 28,896
Occidental Petroleum
Corp. COM 674599105 145,092,724.20 1,388,580 1,388,580 1,374,834 13,746
Ocwen Financial Corp. COM 675746309 25,742,587.76 2,335,988 2,335,988 1,990,588 345,400
Old Republic Int'l
Corp. CV 8% 05/15/2012 680223AF1 3,952,400.00 3,280,000 3,280,000 2,030,000 1,250,000
Olin Corp. COM 680665205 138,757,863.36 6,054,008 6,054,008 5,373,020 680,988
Omnicare, Inc. CV 3.75% 12/15/2025 681904AN8 18,888,750.00 14,600,000 14,600,000 11,710,000 2,890,000
Omnicom Group, Inc. COM 681919106 448,448,727.33 9,140,822 9,129,628 8,866,864 272,763
Omnicom Group, Inc. CV 0% 07/01/2038 682134AA9 41,481,562.50 36,750,000 36,750,000 23,880,000 12,870,000
ON Semiconductor
Corp. CV 2.625% 12/15/2026 682189AG0 24,683,505.00 20,874,000 20,851,000 12,801,000 8,050,000
Onyx
Pharmaceuticals,
Inc. COM 683399109 36,287,079.42 1,031,469 1,031,428 1,007,122 24,306
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
OpenTable, Inc. COM 68372A104 53,834,050.95 506,197 506,197 488,880 17,317
Oplink
Communications, Inc. COM 68375Q403 2,933,634.80 150,520 150,520 150,520
Oracle Corp. COM 68389X105 170,126,934.00 5,098,200 5,068,740 4,699,792 397,148
O'Reilly Automotive
Inc COM 67103H107 4,401,263.62 76,597 76,597 76,597
Orient-Express
Hotels Ltd. COM G67743107 63,018,742.34 5,094,482 5,094,482 4,460,132 634,350
Orion Marine Group,
Inc. COM 68628V308 537,000.02 50,000 50,000 41,700 8,300
ORIX Corp. Spon ADR 686330101 8,014,138.16 172,088 171,742 171,742
Oshkosh Corp. COM 688239201 51,291,341.26 1,449,727 1,449,727 1,357,227 92,500
Overhill Farms, Inc. COM 690212105 15,805,833.71 2,595,375 2,595,375 2,170,261 425,114
Owens Illinois, Inc. COM 690768403 31,290,727.40 1,036,460 1,036,460 1,036,460
Paccar, Inc. COM 693718108 12,981,910.05 247,983 247,983 223,117 24,866
Pacific Biosciences
of CA COM 69404D108 11,137,420.96 792,699 792,699 772,043 20,656
Pacific Gas &
Electric Co. COM 69331C108 65,992,505.42 1,493,719 1,482,910 1,383,275 109,635
PacWest Bancorp COM 695263103 67,004,376.75 3,080,661 3,080,661 2,678,211 402,450
Pall Corp. COM 696429307 124,298,587.03 2,157,587 2,157,550 2,115,750 41,800
Palomar Medical
Technologies COM 697529303 5,096,326.93 343,187 343,187 337,701 5,486
Pantry, Inc. COM 698657103 222,450.00 15,000 15,000 15,000
Par Pharmaceutical
Cos., Inc. COM 69888P106 72,531,364.92 2,333,699 2,333,699 2,089,299 244,400
PAREXEL
International Corp. COM 699462107 70,367,400.00 2,826,000 2,826,000 2,477,300 348,700
Parker Hannifin Corp. COM 701094104 174,140,000.65 1,839,248 1,839,235 1,809,176 30,059
PartnerRe Ltd. COM G6852T105 76,242,905.48 962,177 962,177 913,835 48,342
Patterson Cos., Inc. COM 703395103 13,061,285.64 405,756 405,756 398,856 6,900
Peabody Energy Corp. COM 704549104 1,670,263.56 23,211 23,211 23,211
Pearson Plc Spon ADR 705015105 12,005,138.80 674,446 673,088 673,088
Pebblebrook Hotel
Trust COM 70509V100 46,581,450.00 2,103,000 2,103,000 1,841,200 261,800
Penn Virginia Corp. CV 4.5% 11/15/2012 707882AA4 13,094,287.49 12,621,000 12,621,000 5,808,000 6,813,000
Penske Auto Group COM 70959W103 94,584,490.07 4,724,500 4,724,500 4,319,000 405,500
People United
Financial, Inc. COM 712704105 41,562,043.02 3,303,819 3,303,819 2,879,295 424,524
PepsiCo, Inc. COM 713448108 130,369,769.01 2,024,061 2,023,419 1,987,898 35,521
Pericom
Semiconductor Corp. COM 713831105 7,795,740.84 751,759 751,759 627,474 124,285
PerkinElmer, Inc. COM 714046109 54,117,145.73 2,060,036 2,060,036 1,804,475 255,561
Petrohawk Energy
Corp. COM 716495106 2,922,002.34 119,071 119,071 106,092 12,979
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Petroleo Brasileiro
S.A. Spon ADR 71654V101 18,063,382.70 508,255 507,660 507,660
PetSmart, Inc. COM 716768106 29,605,908.15 722,977 722,977 695,277 27,700
Pfizer, Inc. COM 717081103 333,384,181.80 16,414,780 16,409,408 16,242,766 166,642
Philip Morris Int'l,
Inc. COM 718172109 74,691,271.58 1,138,066 1,137,548 1,133,762 3,786
Phillips-Van Heusen
Corp. COM 718592108 50,438,828.72 775,624 775,624 704,624 71,000
Pier 1 Imports, Inc. COM 720279108 56,997,964.45 5,615,563 5,615,563 5,403,062 212,501
Pioneer Natural
Resources Co. COM 723787107 1,509,435.20 14,810 14,810 14,810
Piper Jaffray Cos. COM 724078100 37,442,155.35 903,745 903,745 793,569 110,176
Plexus Corp. COM 729132100 121,998,106.71 3,479,695 3,479,695 3,046,806 432,889
PMC-Sierra, Inc. COM 69344F106 61,942,050.00 8,258,940 8,258,940 7,223,940 1,035,000
PMI Group, Inc. CV 4.5% 04/15/2020 69344MAK7 2,266,650.00 2,920,000 2,920,000 1,100,000 1,820,000
PNC Financial
Services Group COM 693475105 382,168,739.15 6,067,134 6,044,979 5,756,405 309,844
PolyOne Corp. COM 73179P106 16,756,432.00 1,179,200 1,179,200 1,004,800 174,400
Polypore
International, Inc. COM 73179V103 27,366,449.66 475,277 475,277 459,744 15,533
Portfolio Recovery
Associates COM 73640Q105 51,464,745.59 604,543 604,543 560,652 43,891
Potash Corp. -
Saskatchewan COM 73755L107 100,199,680.81 1,700,317 1,700,317 1,689,728 10,589
Powell Industries,
Inc. COM 739128106 6,543,095.99 165,900 165,900 138,700 27,200
Power Integrations,
Inc. COM 739276103 11,157,403.04 291,088 291,088 247,915 43,173
PPL Corp. COM 69351T106 27,245,620.60 1,076,902 1,075,874 1,059,583 16,291
PPL Corp. CVPFD 9.5% 07/01/2013 69351T601 16,968,865.76 318,724 317,888 270,438 47,450
Praxair, Inc. COM 74005P104 1,253,337.60 12,336 12,336 12,336
Precision Castparts
Corp. COM 740189105 12,750,497.76 86,632 86,632 78,258 8,374
Priceline.com, Inc. COM 741503403 14,833,627.60 29,290 29,290 29,290
Pride International,
Inc. COM 74153Q102 22,121,225.70 515,046 515,046 506,646 8,400
Principal Financial
Services COM 74251V102 6,443,866.91 200,681 200,681 200,681
Procter & Gamble Co. COM 742718109 172,849,353.60 2,805,996 2,804,936 2,751,486 53,450
Progress Energy, Inc. COM 743263105 31,097,621.76 673,984 673,381 659,198 14,183
Progress Software
Corp. COM 743312100 29,781,818.41 1,023,782 1,023,782 872,282 151,500
ProLogis CV 2.25% 04/01/2037 743410AQ5 7,177,899.99 7,160,000 7,160,000 2,300,000 4,860,000
ProLogis CV 2.625% 05/15/2038 743410AS1 4,162,790.00 4,168,000 4,145,000 4,145,000
ProLogis CV 3.25% 03/15/2015 743410AY8 21,606,487.50 18,330,000 18,330,000 12,150,000 6,180,000
Prudential
Financial, Inc. COM 744320102 128,922,964.30 2,093,585 2,092,537 2,062,935 29,602
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Prudential plc Spon ADR 74435K204 13,330,164.80 586,715 585,534 585,534
PSS World Medical,
Inc. COM 69366A100 25,561,725.00 941,500 941,500 802,200 139,300
QEP Resources, Inc. COM 74733V100 95,312,864.27 2,351,082 2,351,058 2,281,558 69,500
QLogic Corp. COM 747277101 59,262,742.35 3,194,757 3,194,757 2,831,357 363,400
Quaker Chemical Corp. COM 747316107 7,230,037.61 179,986 179,986 150,186 29,800
QUALCOMM, Inc. COM 747525103 66,177,232.99 1,206,953 1,202,653 1,078,308 128,645
Questar Corp. COM 748356102 13,629,479.55 781,059 781,059 769,059 12,000
Qwest
Communications, Inc. COM 749121109 4,839,055.00 708,500 708,500 708,500
Rackspace Hosting,
Inc. COM 750086100 24,179,098.05 564,273 564,273 544,935 19,338
Radian Group, Inc. COM 750236101 3,498,303.81 513,701 513,701 428,001 85,700
Radian Group, Inc. CV 3% 11/15/2017 750236AK7 17,252,325.00 18,855,000 18,855,000 16,960,000 1,895,000
Radiant Systems, Inc. COM 75025N102 10,265,716.84 579,984 579,984 489,620 90,364
Range Resources Corp. COM 75281A109 218,868,686.29 3,743,905 3,738,090 3,517,733 226,157
Rayonier Trs
Holdings, Inc. CV 3.75% 10/15/2012 75508AAB2 16,274,700.00 13,520,000 13,520,000 10,020,000 3,500,000
Raytheon Co. COM 755111507 13,724,726.00 269,800 269,800 269,800
RBC Bearings, Inc. COM 75524B104 47,537,055.33 1,243,449 1,243,449 1,151,106 92,343
Red Hat, Inc. COM 756577102 6,520,228.11 143,649 143,649 143,649
Reed Elsevier plc Spon ADR 758205207 12,365,025.12 356,958 356,239 356,239
Regal Beloit Corp. COM 758750103 76,913,066.97 1,041,759 1,041,759 903,759 138,000
Regions Financial
Corp. COM 7591EP100 69,174,710.22 9,528,197 9,524,187 9,374,557 149,630
Reliance Steel &
Aluminum Co. COM 759509102 287,065,311.63 4,968,247 4,968,229 4,548,544 419,685
ReneSola Ltd. Spon ADR 75971T103 773,494.35 73,317 73,317 73,317
Rent-A-Center, Inc. COM 76009N100 84,454,725.83 2,419,213 2,419,213 2,116,113 303,100
Republic Services,
Inc. COM 760759100 39,235,424.24 1,306,106 1,306,106 1,285,186 20,920
ResMed, Inc. COM 761152107 7,984,140.00 266,138 265,601 265,601
Resolute Energy Corp COM 76116A108 6,255,832.96 344,864 344,864 344,864
RightNow
Technologies, Inc. COM 76657R106 3,599,562.61 115,002 115,002 115,002
Rimage Corp. COM 766721104 5,300,300.83 328,192 328,192 273,240 54,952
Rio Tinto plc Spon ADR 767204100 10,017,678.72 140,856 140,570 140,570
Riverbed Technology,
Inc. COM 768573107 18,685,845.60 496,304 496,304 479,460 16,844
RLI Corp. COM 749607107 16,701,205.00 289,700 289,700 246,800 42,900
Robbins & Myers, Inc. COM 770196103 43,030,865.45 935,657 935,657 912,425 23,232
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Robert Half Int'l,
Inc. COM 770323103 70,553,869.20 2,305,682 2,305,682 2,078,783 226,899
Rock-Tenn Co. COM 772739207 28,135,295.00 405,700 405,700 345,700 60,000
Rockwell Automation
Inc COM 773903109 22,778,942.25 240,665 240,665 240,665
Rockwell Collins,
Inc. COM 774341101 143,723,896.08 2,216,935 2,213,736 2,121,574 95,332
Rockwood Holdings,
Inc. COM 774415103 43,287,956.38 879,479 879,479 860,029 19,450
Rogers Corp. COM 775133101 58,104,554.58 1,289,493 1,289,493 1,128,838 160,655
Roper Industries,
Inc. COM 776696106 14,823,912.84 171,454 171,454 148,654 22,800
Roper Industries,
Inc. CV Step% 01/15/2034 776696AA4 29,770,151.25 27,661,000 27,661,000 27,661,000
Rosetta Resources,
Inc. COM 777779307 36,786,452.00 773,800 773,800 659,300 114,500
Ross Stores, Inc. COM 778296103 12,838,653.52 180,521 180,521 180,521
Rovi Corp. COM 779376102 15,703,355.02 292,700 292,700 271,400 21,300
Rowan Cos., Inc. COM 779382100 23,406,917.44 529,808 529,808 477,208 52,600
Royal Caribbean
Cruises Ltd. COM V7780T103 8,464,942.86 205,161 205,161 200,021 5,140
Royal Dutch Shell plc Spon ADR 780259206 6,010,950.00 82,500 82,500 82,500
Royal Gold, Inc. COM 780287108 11,808,811.60 225,359 225,359 221,759 3,600
RSC Holdings Inc COM 74972L102 64,422,400.00 4,480,000 4,480,000 3,924,000 556,000
RTI International
Metals, Inc. COM 74973W107 33,910,731.05 1,088,627 1,088,627 953,257 135,370
RTI International
Metals, Inc. CV 3% 12/01/2015 74973WAA5 4,660,000.00 4,000,000 4,000,000 1,415,000 2,585,000
Rush Enterprises,
Inc. COM 781846308 9,354,220.28 537,908 537,908 449,254 88,654
SAIC, Inc. COM 78390X101 15,904,800.00 940,000 940,000 940,000
Salesforce.com, Inc. COM 79466L302 10,678,251.62 79,939 79,939 79,939
Salix
Pharmaceuticals,
Inc. COM 795435106 1,926,650.00 55,000 55,000 55,000
Salix
Pharmaceuticals,
Inc. CV 2.75% 05/15/2015 795435AC0 23,263,093.75 21,515,000 21,468,000 20,328,000 1,140,000
SanDisk Corp. CV 1.5% 08/15/2017 80004CAD3 4,322,500.00 3,800,000 3,800,000 1,425,000 2,375,000
SandRidge Energy,
Inc. COM 80007P307 59,581,286.40 4,654,788 4,654,788 4,075,571 579,217
Sandy Spring
Bancorp, Inc. COM 800363103 7,882,420.01 427,000 427,000 356,400 70,600
SAP AG Spon ADR 803054204 18,863,229.84 307,419 306,801 306,801
Sapient Corp. COM 803062108 36,267,600.23 3,167,476 3,167,476 2,819,376 348,100
Sauer - Danfoss, Inc. COM 804137107 4,708,987.80 92,460 92,460 89,418 3,042
Savvis, Inc. COM 805423308 14,421,333.78 388,820 388,820 351,220 37,600
SBA Communications
Corp. CV 1.875% 05/01/2013 78388JAN6 18,690,980.00 16,324,000 16,257,000 15,607,000 650,000
SBA Communications
Corp. CV 4% 10/01/2014 78388JAM8 72,004,750.00 49,150,000 49,150,000 46,850,000 2,300,000
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
ScanSource, Inc. COM 806037107 138,662,474.24 3,649,973 3,649,973 3,173,917 476,056
SCBT Financial Corp. COM 78401V102 17,719,203.82 532,428 532,428 450,828 81,600
Schlumberger Ltd. COM 806857108 406,899,853.77 4,363,069 4,339,670 4,037,690 324,091
Schnitzer Steel
Industries Class A 806882106 23,715,648.00 364,800 364,800 310,800 54,000
Scripps Networks
Interactive Class A 811065101 6,826,665.92 136,288 136,288 136,288
SeaCube Container
Leasing Ltd COM G79978105 9,418,683.00 588,300 588,300 491,000 97,300
Seadrill Ltd COM G7945E105 20,612,562.20 571,460 570,775 570,775
Select Comfort Corp. COM 81616X103 26,835,912.00 2,225,200 2,225,200 1,896,000 329,200
SemiLEDs Corp. COM 816645105 2,991,686.07 190,069 190,069 184,709 5,360
Semtech Corp. COM 816850101 40,535,752.68 1,620,134 1,620,134 1,380,385 239,749
SFN Group, Inc. COM 784153108 12,292,116.02 872,400 872,400 728,200 144,200
Shanda Games Ltd. Spon ADR 81941U105 421,640.00 66,400 66,400 60,100 6,300
Shoe Carnival, Inc. COM 824889109 9,163,935.08 326,700 326,700 272,800 53,900
ShoreTel, Inc. COM 825211105 1,622,100.08 197,096 197,096 197,096
ShuffleMaster, Inc. COM 825549108 2,452,747.44 229,658 229,658 229,658
Shutterfly, Inc. COM 82568P304 21,055,683.88 402,133 402,133 391,574 10,559
Signature Bank COM 82669G104 166,396,130.40 2,950,286 2,950,267 2,746,572 203,695
Silgan Holdings, Inc. COM 827048109 35,195,668.28 922,802 922,802 808,250 114,552
Silicon Image, Inc. COM 82705T102 6,981,826.43 778,353 778,353 765,118 13,235
Silicon
Laboratories, Inc. COM 826919102 28,880,440.55 668,374 668,374 584,174 84,200
Siliconware Precision Spon ADR 827084864 12,926,717.40 2,140,185 2,137,806 2,137,806
Simon Property
Group, Inc. COM 828806109 1,821,720.00 17,000 17,000 17,000
Sinclair Broadcast
Group, Inc. 6.0% 9/15/2012 829226AV1 3,018,750.00 3,000,000 3,000,000 3,000,000
Skyworks Solutions,
Inc. COM 83088M102 8,261,264.40 254,820 254,820 254,820
Smith Micro
Software, Inc. COM 832154108 4,079,761.96 435,872 435,872 363,772 72,100
Snap-on, Inc. COM 833034101 16,216,200.00 270,000 270,000 270,000
Solera Holdings, Inc. COM 83421A104 5,190,738.00 101,580 101,580 86,580 15,000
Sony Corp. Spon ADR 835699307 11,871,221.31 372,957 372,207 372,207
Sourcefire, Inc. COM 83616T108 4,511,640.00 164,000 164,000 164,000
Southern Co. COM 842587107 42,558,580.30 1,116,730 1,116,730 1,116,730
Southern Natl
Bancorp of VA COM 843395104 2,687,967.40 367,711 367,711 306,911 60,800
Southwest Airlines
Co. COM 844741108 108,391,455.71 8,582,063 8,552,651 8,063,976 517,975
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Southwestern Energy
Co. COM 845467109 124,403,048.58 2,895,114 2,886,483 2,763,112 131,971
SPDR S&P MidCap 400
ETF Trust ETF 78467Y107 1,346,625.00 7,500 7,500 7,500
Spirit Aerosystems
Hldgs, Inc. Class A 848574109 36,539,422.43 1,423,429 1,423,429 1,296,982 126,447
SRA International,
Inc. COM 78464R105 6,125,760.00 216,000 216,000 216,000
SS&C Technologies
Holdings COM 78467J100 35,935,361.04 1,759,812 1,759,812 1,618,502 141,310
St. Jude Medical,
Inc. COM 790849103 85,772,435.33 1,673,282 1,657,482 1,477,941 195,341
Standard Parking
Corp. COM 853790103 3,328,685.72 187,426 187,426 156,426 31,000
Stanley Black &
Decker, Inc. CV Adj% 05/17/2012 854616AM1 22,224,822.20 17,857,000 17,834,000 12,459,000 5,375,000
Stanley Black &
Decker, Inc. CVPFD 4.75% 11/17/2015 854502309 18,582,211.12 155,188 154,820 129,520 25,300
Starbucks Corp. COM 855244109 1,382,114.75 37,405 37,405 37,405
Starwood Hotels &
Resorts, Inc COM 85590A401 48,210,888.72 829,506 829,506 808,324 21,182
State Street Corp. COM 857477103 365,805,263.44 8,139,859 8,099,305 7,594,487 544,459
Steel Dynamics, Inc. CV 5.125% 06/15/2014 858119AP5 7,307,795.00 5,687,000 5,687,000 2,582,000 3,105,000
Steelcase, Inc. COM 858155203 44,866,788.00 3,942,600 3,942,600 3,359,500 583,100
Stericycle Inc COM 858912108 9,375,167.77 105,731 105,731 105,731
Sterling Bancorp COM 859158107 8,767,759.00 875,900 875,900 731,100 144,800
Steve Madden Ltd. COM 556269108 20,775,441.88 442,690 442,690 427,747 14,943
Stifel Financial
Corp. COM 860630102 31,104,453.30 433,270 433,270 418,457 14,813
STR Holdings, Inc. COM 78478V100 731,889.62 38,159 38,159 38,159
Stratasys, Inc. COM 862685104 5,726,386.00 121,838 121,838 103,835 18,003
SuccessFactors, Inc. COM 864596101 41,481,135.30 1,061,170 1,061,170 1,028,162 33,008
Summit Hotel
Properties, Inc. COM 866082100 8,911,209.99 896,500 896,500 748,600 147,900
Suncor Energy, Inc. COM 867224107 193,730,906.12 4,320,493 4,304,147 4,124,093 195,454
SunPower Corp. CV 4.75% 04/15/2014 867652AC3 10,920,187.50 10,475,000 10,475,000 10,475,000
Suntech Power
Holdings Co. CV 3% 03/15/2013 86800CAE4 23,468,792.50 25,406,000 25,406,000 17,241,000 8,165,000
SunTrust Banks, Inc. COM 867914103 183,045,115.12 6,346,918 6,311,913 6,100,763 242,693
Superior Energy
Services, Inc. COM 868157108 222,911,957.00 5,436,877 5,436,877 4,903,575 533,302
SUPERVALU, Inc. COM 868536103 4,759,690.00 533,000 533,000 533,000
Susquehanna
Bancshares, Inc. COM 869099101 49,806,963.80 5,326,948 5,326,948 4,663,248 663,700
SVB Financial Group 3.875% 04/15/2011 78486QAB7 1,051,906.25 1,025,000 1,025,000 1,025,000
SVB Financial Group COM 78486Q101 80,252,171.52 1,409,664 1,409,664 1,279,709 129,955
SXC Health Solutions
Corp. COM 78505P100 37,302,853.20 680,709 680,709 662,128 18,581
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Sykes Enterprises,
Inc. COM 871237103 24,520,592.61 1,240,293 1,240,293 1,056,844 183,449
Symantec Corp. CV 0.75% 06/15/2011 871503AD0 4,940,000.00 4,750,000 4,750,000 4,750,000
Symantec Corp. CV 1% 06/15/2013 871503AF5 70,131,375.00 57,900,000 57,855,000 52,080,000 5,775,000
Synchronoss
Technologies, Inc. COM 87157B103 67,641,639.49 1,946,522 1,946,522 1,892,891 53,631
Syngenta AG Spon ADR 87160A100 16,033,905.44 246,032 245,539 245,539
Synovis Life
Technology, Inc. COM 87162G105 3,980,444.57 207,531 207,531 207,531
T. Rowe Price Group,
Inc. COM 74144T108 90,790,826.40 1,366,920 1,366,920 1,343,697 23,223
TAL International
Group, Inc. COM 874083108 60,574,672.08 1,670,104 1,670,104 1,467,304 202,800
Target Corp. COM 87612E106 83,943,110.27 1,678,527 1,678,085 1,640,477 37,608
TCF Financial Corp. COM 872275102 99,135,673.85 6,250,673 6,250,564 6,085,720 164,844
Team, Inc. COM 878155100 7,540,979.13 287,166 287,166 239,766 47,400
Tech Data Corp. CV 2.75% 12/15/2026 878237AE6 18,123,215.00 16,742,000 16,674,000 15,924,000 750,000
Techne Corp. COM 878377100 20,522,564.80 286,628 286,628 244,123 42,505
Telecom Italia
Capital S P A Spon ADR 87927Y102 10,196,063.34 662,943 661,612 661,612
Telefonaktiebolaget
LM Ericson Spon ADR 294821608 43,993,365.56 3,420,946 3,418,354 3,124,354 294,000
Temple-Inland, Inc. COM 879868107 100,827,043.21 4,308,848 4,308,848 3,893,148 415,700
Tempur-Pedic
International COM 88023U101 39,067,776.16 771,176 771,176 744,814 26,362
Tenneco, Inc. COM 880349105 23,232,885.00 547,300 547,300 466,400 80,900
Teradata Corp COM 88076W103 7,111,435.50 140,265 140,265 140,265
Teradyne, Inc. COM 880770102 68,634,788.82 3,853,722 3,853,722 3,378,022 475,700
Teradyne, Inc. CV 4.5% 03/15/2014 880770AE2 5,809,425.00 1,740,000 1,740,000 760,000 980,000
Territorial Bancorp,
Inc. COM 88145X108 6,905,626.56 346,668 346,668 289,268 57,400
Tesco Corp. COM 88157K101 8,992,914.98 409,700 409,700 341,200 68,500
Tessco Technologies,
Inc. COM 872386107 1,125,850.00 97,900 97,900 69,618 28,282
Tetra Tech, Inc. COM 88162G103 26,746,479.47 1,083,292 1,083,292 959,392 123,900
Teva Pharmaceutical
Finance Co. CV .25% 02/01/2026 88163VAE9 34,130,511.23 29,711,000 29,662,000 21,547,000 8,115,000
Teva Pharmaceutical
Industries Ltd. Spon ADR 881624209 369,895,006.53 7,372,833 7,338,836 6,871,313 500,402
Texas Capital
Bancshares, Inc. COM 88224Q107 78,103,822.53 3,005,149 3,005,149 2,653,217 351,932
Texas Instruments,
Inc. COM 882508104 189,342,316.81 5,478,655 5,463,304 5,210,097 266,907
Texas Roadhouse, Inc. COM 882681109 17,653,714.33 1,039,065 1,039,065 918,065 121,000
Textron, Inc. CV 4.5% 05/01/2013 883203BN0 9,438,000.00 4,400,000 4,400,000 4,400,000
Thermo Fisher
Scientific, Inc. COM 883556102 215,051,381.64 3,871,312 3,847,992 3,572,093 299,199
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Thomas & Betts Corp. COM 884315102 34,640,145.07 582,481 582,481 496,281 86,200
Thor Industries, Inc. COM 885160101 53,730,505.28 1,610,144 1,610,144 1,409,444 200,700
Thoratec Corp. COM 885175307 21,827,874.00 841,800 841,800 717,300 124,500
TIBCO Software, Inc. COM 88632Q103 33,734,273.75 1,237,955 1,237,955 1,195,632 42,323
Tidewater, Inc. COM 886423102 48,408,355.82 808,828 808,818 791,018 17,800
Tiffany & Co. COM 886547108 8,076,779.52 131,458 131,458 131,458
Time Warner Cable,
Inc. COM 88732J207 164,498,839.69 2,305,843 2,296,268 2,184,859 120,319
Time Warner, Inc. COM 887317303 285,653,442.94 8,001,497 7,963,840 7,502,108 499,332
Titanium Metals Corp. COM 888339207 1,504,980.00 81,000 81,000 81,000
TJX Cos., Inc. COM 872540109 1,639,051.07 32,959 32,959 32,959
Tower Group, Inc. COM 891777104 22,012,681.50 916,050 916,050 780,450 135,600
TPC Group, Inc. COM 89236Y104 6,059,986.22 209,906 209,906 184,066 25,840
Tractor Supply Co. COM 892356106 9,876,540.84 164,994 164,994 164,994
Transcend Services,
Inc. COM 893929208 3,897,600.03 162,400 162,400 135,700 26,700
Transocean Ltd. CV 1.5% 12/15/2037 893830AV1 2,555,918.77 2,585,000 2,585,000 990,000 1,595,000
Transocean Ltd. CV 1.5% 12/15/2037 893830AW9 4,653,956.25 4,755,000 4,755,000 3,750,000 1,005,000
Trex Co., Inc. CV 6% 07/01/2012 89531PAA3 8,392,812.55 5,350,000 5,350,000 2,425,000 2,925,000
Trina Solar Ltd. Spon ADR 89628E104 22,888,278.36 759,903 759,903 733,722 26,181
Trinity Industries,
Inc. COM 896522109 184,664,216.04 5,035,839 5,035,784 4,829,284 206,500
TrueBlue, Inc. COM 89785X101 76,075,120.62 4,530,978 4,530,978 4,025,428 505,550
Tupperware Brands
Corp. COM 899896104 30,129,486.87 504,597 504,597 496,397 8,200
Tyco International
Ltd. COM H89128104 21,575,334.55 481,915 481,915 474,221 7,694
U.S. Bancorp COM 902973304 23,291,093.91 881,237 881,237 832,316 48,921
UGI Corp. COM 902681105 39,661,673.85 1,205,522 1,205,522 1,065,422 140,100
Ulta Salon, Inc. COM 90384S303 39,962,964.69 830,313 830,313 805,344 24,969
UMB Financial Corp. COM 902788108 12,331,819.39 330,125 330,125 324,825 5,300
Under Armour, Inc. COM 904311107 26,921,532.70 395,614 395,614 382,053 13,561
Union Pacific Corp. COM 907818108 124,193,936.56 1,263,032 1,263,032 1,232,055 30,977
UniSource Energy
Corp. COM 909205106 10,477,700.00 290,000 290,000 290,000
United Continental
Holdings Inc. COM 910047109 3,910,599.00 170,100 170,100 170,100
United Continental
Holdings Inc. CV 4.5% 06/30/2021 902549AH7 35,842,898.99 35,355,000 35,355,000 27,355,000 8,000,000
United Parcel
Service, Inc. COM 911312106 611,579.28 8,229 8,229 8,229
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
United States Steel
Corp. COM 912909108 91,641,470.88 1,698,952 1,698,169 1,668,478 29,691
United States Steel
Corp. CV 4% 05/15/2014 912909AE8 10,853,631.25 5,935,000 5,915,000 5,140,000 775,000
United Technologies
Corp. COM 913017109 243,097,616.04 2,871,797 2,865,400 2,770,676 100,424
United Therapeutics
Corp. CV .5% 10/15/2011 91307CAD4 17,960,850.00 10,020,000 10,020,000 4,165,000 5,855,000
UnitedHealth Group,
Inc. COM 91324P102 488,849,119.20 10,815,246 10,760,590 10,126,478 686,177
Universal Health
Service, Inc. COM 913903100 38,182,960.98 772,778 772,778 718,878 53,900
Universal Stainless
& Alloy COM 913837100 9,576,722.81 283,923 283,923 236,723 47,200
US Auto Parts
Network, Inc. COM 90343C100 1,608,212.40 184,852 184,852 184,852
UTi Worldwide, Inc. COM G87210103 62,153,255.12 3,070,813 3,070,813 2,680,693 390,120
Vale Capital II
Series VALE CVPFD 6.75% 6/15/2012 91912F201 6,009,478.08 65,094 64,755 64,755
Vale Capital II
Series VALP CVPFD 6.75% 06/15/2012 91912F300 4,563,000.03 48,000 48,000 17,100 30,900
Valero Energy Corp. COM 91913Y100 46,332,616.26 1,553,743 1,541,358 1,441,191 111,067
VanceInfo
Technologies, Inc. Spon ADR 921564100 9,715,929.67 309,326 309,326 302,240 7,086
Vascular Solutions,
Inc. COM 92231M109 1,300,341.10 119,188 119,188 119,188
Velti PLC COM G93285107 3,952,894.90 313,971 313,971 306,714 7,257
VeriFone Systems,
Inc. COM 92342Y109 140,522,096.42 2,557,272 2,557,247 2,491,692 65,555
Verizon
Communications, Inc. COM 92343V104 210,130,408.72 5,452,268 5,424,494 5,098,645 352,293
Vertex
Pharmaceuticals,
Inc. COM 92532F100 1,738,373.17 36,269 36,269 32,979 3,290
Vertex
Pharmaceuticals,
Inc. CV 3.35% 10/01/2015 92532FAN0 58,682,000.00 48,100,000 48,100,000 45,155,000 2,945,000
VF Corp. COM 918204108 13,073,945.70 132,690 132,690 130,590 2,100
Viacom, Inc. COM 92553P201 68,968,737.72 1,482,561 1,482,561 1,482,561
VMware, Inc. COM 928563402 17,350,815.06 212,789 212,789 190,128 22,661
Vodafone Group plc Spon ADR 92857W209 19,665,201.25 684,007 682,629 682,629
Volcano Corp. COM 928645100 6,446,054.40 251,799 251,799 243,167 8,632
Vornado Realty L.P. CV 3.875% 04/15/2025 929043AC1 36,421,563.77 32,483,000 32,410,000 26,080,000 6,330,000
WABCO Holdings, Inc. COM 92927K102 167,902,059.05 2,723,914 2,723,895 2,543,654 180,241
Walgreen Co. COM 931422109 1,510,387.92 37,628 37,628 37,628
Wal-Mart Stores, Inc. COM 931142103 17,053,297.65 327,633 327,633 316,141 11,492
Walt Disney Co. COM 254687106 311,399,475.05 7,226,723 7,212,258 6,966,080 259,278
Walter Energy, Inc. COM 93317Q105 9,014,085.37 66,559 66,559 66,559
Warner Chilcott plc COM G94368100 160,656,048.27 6,901,033 6,900,926 6,614,226 286,700
Washington Banking
Co. COM 937303105 13,389,331.82 949,598 949,598 799,898 149,700
3/31/2011
S.E.C. USE ONLY
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
CUSIP / FAIR SHARES OR INVESTMENT
SEDOL MARKET PRINCIPAL DISCRETION OTHER
NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS VOTING AUTHORITY
------------------------------------------------------------------------------------------------------------------------------------
(A) SOLE (C) NONE
-------------------------
Washington Federal,
Inc. COM 938824109 46,720,826.64 2,694,396 2,694,396 2,356,076 338,320
Waste Connections,
Inc. COM 941053100 29,132,836.25 1,011,908 1,011,908 893,458 118,450
Watsco, Inc. COM 942622200 14,582,634.90 209,190 209,190 178,226 30,964
Watson
Pharmaceuticals,
Inc. COM 942683103 196,657,495.12 3,511,114 3,503,076 3,271,073 240,003
Watts Water
Technologies Class A 942749102 58,950,122.19 1,543,601 1,543,601 1,352,601 191,000
Weatherford
International Ltd. COM H27013103 129,571,009.29 5,733,231 5,733,163 5,576,685 156,478
Webster Financial
Corp. COM 947890109 27,749,707.00 1,294,900 1,294,900 1,103,200 191,700
Weight Watchers
Intl., Inc. COM 948626106 5,070,893.80 72,338 72,338 72,338
WellPoint, Inc. COM 94973V107 31,169,051.48 446,612 446,612 433,629 12,983
Wells Fargo & Co. COM 949746101 749,359,184.70 23,639,091 23,542,535 22,347,999 1,286,351
Wells Fargo & Co. CVPFD 7.5% 12/31/49 949746804 101,303,636.80 97,859 97,811 86,111 11,700
Werner Enterprises,
Inc. COM 950755108 58,634,914.62 2,215,146 2,215,146 1,945,077 270,069
WESCO International,
Inc. COM 95082P105 90,450,000.00 1,447,200 1,447,200 1,257,300 189,900
WESCO International,
Inc. CV 6% 09/15/2029 95082PAH8 3,936,520.00 1,654,000 1,654,000 204,000 1,450,000
Western Alliance
Bancorp COM 957638109 27,269,644.48 3,317,475 3,317,475 3,225,588 91,887
Western Union Co. COM 959802109 108,412,192.81 5,219,653 5,219,553 5,093,847 125,706
Westport
Innovations, Inc. COM 960908309 20,887,374.22 950,290 950,290 922,233 28,057
Whiting Petroleum
Corp. COM 966387102 41,913,875.25 570,645 570,645 542,465 28,180
Whiting Petroleum
Corp. CVPFD 6.25% 12/31/2049 966387201 1,216,021.04 3,506 3,506 2,635 871
Whole Foods Market,
Inc. COM 966837106 9,890,865.10 150,089 150,089 150,089
Windstream Corp. COM 97381W104 4,118,400.00 320,000 320,000 320,000
Wintrust Financial
Corp. COM 97650W108 18,665,325.00 507,900 507,900 432,700 75,200
Wolverine World
Wide, Inc. COM 978097103 29,237,511.04 784,268 784,268 668,368 115,900
World Fuel Services
Corp. COM 981475106 32,154,998.00 791,800 791,800 674,700 117,100
Worthington
Industries, Inc. COM 981811102 40,682,663.74 1,944,678 1,944,678 1,761,678 183,000
WPP PLC Spon ADR 92933H101 14,191,768.64 229,789 229,326 229,326
Wyndham Worldwide
Corp. CV 3.5% 05/01/2012 98310WAC2 8,946,875.00 3,500,000 3,500,000 1,990,000 1,510,000
Wynn Resorts Ltd. COM 983134107 25,572,287.25 200,961 200,961 190,232 10,729
Zhongpin, Inc. COM 98952K107 10,814,049.84 712,388 712,388 607,388 105,000
Zimmer Holdings, Inc. COM 98956P102 126,964,640.93 2,097,549 2,088,423 1,953,417 144,106
Zions Bancorp COM 989701107 45,209,729.56 1,960,526 1,943,001 1,932,018 25,791
Zumiez, Inc. COM 989817101 12,740,819.36 482,059 482,059 468,398 13,661
-------------- ------------- ------------- ------------- -----------
992 51,186,203,161 3,551,160,630 3,546,637,668 3,072,515,399 476,686,767
============== ============= ============= ============= ===========