-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ANqX4F2Bu8lgpLixAcmlsOv2TYzL97eug9UVsz1cXncwsVrTn9JM4Lonj8Mwxsba lzl5qlJo0uu+8R7FReesVw== 0000825204-11-000002.txt : 20110214 0000825204-11-000002.hdr.sgml : 20110214 20110214142800 ACCESSION NUMBER: 0000825204-11-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110214 DATE AS OF CHANGE: 20110214 EFFECTIVENESS DATE: 20110214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAPSTONE ASSET MANAGEMENT CO CENTRAL INDEX KEY: 0000825204 IRS NUMBER: 760022831 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-02180 FILM NUMBER: 11606003 BUSINESS ADDRESS: STREET 1: 5847 SAN FELIPE STREET 2: SUITE 4100 CITY: HOUSTON STATE: TX ZIP: 77057 BUSINESS PHONE: 7132609000 MAIL ADDRESS: STREET 1: 5847 SAN FELIPE STREET 2: SUITE 4100 CITY: HOUSTON STATE: TX ZIP: 77044 13F-HR 1 sec13fcamfinal4thqtr2010.txt 13FSEC REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended:December 31, 2010 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: Capstone Asset Management Company Address: 5847 San Felipe, Suite 4100 Houston, Texas 77057 Form 13F File Number: 28-2180 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: Richard A. Nunn Title: Sr. Vice President, Chief Compliance Officer Phone: (713) 260-9000 Signature, Place, and Date of Signing: /s/ Richard A. Nunn Houston, Texas February 14, 2010 [Signature] [City, State] [Date] Report Type (check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: NONE CAPSTONE ASSET MANAGEMENT COMPANY CAPSTONE ASSET MANAGEMENT COMPANY FORM 13F SUMMARY PAGE AS OF DATE: 12/31/10 RUN DATE: 01/11/11 04:02 P.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 1,494 FORM 13F INFORMATION TABLE VALUE TOTAL: $2,405,911,000 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME
PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 1 FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M COMPANY COM 88579Y101 11151 129213 SH SOLE 7244 121969 0 A A R CORP COM 000361105 490 17850 SH SOLE 3240 14610 0 A B M INDS INC COM 000957100 583 22170 SH SOLE 4630 17540 0 A E S CORP COM 00130H105 984 80798 SH SOLE 24720 56078 0 A G L RESOURCES INC COM 001204106 1846 51485 SH SOLE 40080 11405 0 A K STEEL HOLDING CORP COM 001547108 379 23166 SH SOLE 14150 9016 0 A M B PPTY CORP COM 00163T109 314 9900 SH SOLE 6950 2950 0 A T M I INC COM 00207R101 280 14050 SH SOLE 1620 12430 0 A T & T INC COM 00206R102 21007 714999 SH SOLE 97657 617342 0 ABAXIS INC COM 002567105 397 14790 SH SOLE 3840 10950 0 ABB LTD SPONSORED ADR COM 000375204 2816 125445 SH SOLE 34650 90795 0 ABBOTT LABS COM 002824100 12685 264771 SH SOLE 55000 209771 0 ABERCROMBIE & FITCH CO CL A COM 002896207 555 9635 SH SOLE 950 8685 0 ACADIA RLTY TR COM 004239109 356 19531 SH SOLE 2577 16954 0 ACCENTURE PLC COM G1151C101 671 13840 SH SOLE 0 13840 0 ACE LTD SHS COM H0023R105 2282 36660 SH SOLE 6950 29710 0 ACTIS GLOBAL VENTR INC COM COM 00507F104 0 66700 SH SOLE 0 66700 0 ACTUANT CORP CL A COM 00508X203 742 27880 SH SOLE 3230 24650 0 ADMINISTAFF INC COM 007094105 308 10520 SH SOLE 960 9560 0 ADOBE SYSTEM INC COM 00724F101 1845 59954 SH SOLE 5364 54590 0 ADVANCED AUTO PTS INC COM 00751Y106 470 7110 SH SOLE 4670 2440 0 ADVANCED ENERGY INDS INC COM 007973100 227 16660 SH SOLE 1420 15240 0 ADVANCED MICRO DEVICES INC COM 007903107 708 86537 SH SOLE 33130 53407 0 AECOM TECHNOLOGY CORP DELAWACO COM 00766T100 270 9670 SH SOLE 7400 2270 0 AEGON NV ORD AMER REG COM 007924103 359 58554 SH SOLE 13680 44874 0 AEROPOSTALE COM 007865108 330 13382 SH SOLE 10760 2622 0 AETNA U S HEALTHCARE INC COM 00817Y108 1720 56386 SH SOLE 15960 40426 0 AFFILIATED MANAGERS GROUP INCO COM 008252108 347 3500 SH SOLE 2100 1400 0 AFFYMETRIX INC OC-CAP STK COM 00826T108 136 26990 SH SOLE 4370 22620 0 AFLAC INC COM 001055102 7259 128639 SH SOLE 5160 123479 0 AGCO CORP COM 001084102 289 5710 SH SOLE 3990 1720 0 AGILENT TECHNOLOGIES INC COM 00846U101 1782 43012 SH SOLE 6490 36522 0 AGILYSYS INC COM 00847J105 202 35800 SH SOLE 28720 7080 0 AGNICO EAGLE MINES LTD COM 008474108 870 11341 SH SOLE 3290 8051 0 AGRIUM INC COM 008916108 819 8924 SH SOLE 2440 6484 0 AIR METHODS CORP COM 009128307 530 9420 SH SOLE 3880 5540 0 AIR PRODUCTS & CHEMICALS INC COM 009158106 3788 41648 SH SOLE 2550 39098 0 AIRGAS INC COM 009363102 570 9132 SH SOLE 830 8302 0 AIRTRAN HLDGS INC COM 00949P108 109 14700 SH SOLE 13920 780 0 AKAMAI TECHNOLOGIES INC COM 00971T101 1515 32207 SH SOLE 14520 17687 0 ALABAMA POWER CO 5.875% 02/01/ PREFERRED STOCKS 010392546 1240 49084 SH SOLE 0 49084 0 ALBANY INTL CORP NEW CL A COM 012348108 276 11660 SH SOLE 1370 10290 0 ALBEMARLE CORP COM 012653101 461 8260 SH SOLE 4400 3860 0 ALBERTO CULVER CO COM 013078100 260 7025 SH SOLE 3660 3365 0 ALCATEL ALSTHOM GENERALE ADR S COM 013904305 304 102869 SH SOLE 26530 76339 0 ALCOA INC COM 013817101 1691 109860 SH SOLE 18510 91350 0 ALCON INC COM H01301102 376 2299 SH SOLE 0 2299 0 ALEXANDRIA REAL EST EQTS INC COM 015271109 245 3340 SH SOLE 2320 1020 0 ALEXION PHARMACEUTICALS INC COM 015351109 209 2600 SH SOLE 0 2600 0 ALIGN TECHNOLOGY INC COM 016255101 812 41560 SH SOLE 9130 32430 0 ALLEGHENY ENERGY INC COM 017361106 559 23070 SH SOLE 7360 15710 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 2 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ALLEGHENY TECHNOLOGIES INC COM 01741R102 559 10128 SH SOLE 820 9308 0 ALLEGIANT TRAVEL COM COM 01748X102 481 9770 SH SOLE 2410 7360 0 ALLERGAN INC COM 018490102 6220 90571 SH SOLE 8010 82561 0 ALLETE INC COM 018522300 473 12690 SH SOLE 1240 11450 0 ALLIANCE DATA SYS CORP COM 018581108 325 4580 SH SOLE 3030 1550 0 ALLIANT ENERGY CORP COM 018802108 295 8020 SH SOLE 5220 2800 0 ALLSCRIPTS HEALTHCARE SOLUT COM 01988P108 336 17440 SH SOLE 14776 2664 0 ALLSTATE CORP COM 020002101 2107 66102 SH SOLE 15860 50242 0 ALMOST FAMILY INC COM COM 020409108 275 7150 SH SOLE 2930 4220 0 ALTERA CORP COM 021441100 1422 39976 SH SOLE 8800 31176 0 ALTRIA GROUP INC COM 02209S103 3162 128422 SH SOLE 0 128422 0 AMAZON COM INC COM 023135106 7809 43381 SH SOLE 7190 36191 0 AMCOL INTL CORP COM 02341W103 369 11910 SH SOLE 1110 10800 0 AMEDISYS INC COM 023436108 509 15199 SH SOLE 4249 10950 0 AMEREN CORP COM 023608102 966 34254 SH SOLE 11590 22664 0 AMERICA MOVIL S A DE C V SPONS COM 02364W105 7763 135384 SH SOLE 31120 104264 0 AMERICAN EAGLE OUTFITTERS INC COM 02553E106 197 13455 SH SOLE 8930 4525 0 AMERICAN ELECTRIC POWER COM 025537101 1806 50199 SH SOLE 8730 41469 0 AMERICAN EXPRESS CO COM 025816109 7264 169239 SH SOLE 9990 159249 0 AMERICAN FINANCIAL GROUP INC COM 025932104 232 7190 SH SOLE 5540 1650 0 AMERICAN INTERNATIONAL GROUP I COM 026874784 753 13077 SH SOLE 1334 11743 0 AMERICAN MED SYS HLDGS INC COM 02744M108 878 46550 SH SOLE 10070 36480 0 AMERICAN PUBLIC EDUCATION INCO COM 02913V103 427 11470 SH SOLE 2690 8780 0 AMERICAN SCIENCE & ENGR INC COM 029429107 476 5590 SH SOLE 1210 4380 0 AMERICAN STATES WATER CO COM 029899101 333 9670 SH SOLE 970 8700 0 AMERICAN TOWER CORP CL A COM 029912201 2735 52967 SH SOLE 10200 42767 0 AMERIGROUP CORP COM 03073T102 1073 24430 SH SOLE 2610 21820 0 AMERIPRISE FINANCIAL INC COM 03076C106 1788 31075 SH SOLE 6526 24549 0 AMERISOURCEBERGEN CORP COM 03073E105 1392 40787 SH SOLE 5590 35197 0 AMETEK INC COM 031100100 446 11358 SH SOLE 6735 4623 0 AMGEN INC COM 031162100 5540 100918 SH SOLE 11250 89668 0 AMN HEALTHCARE SERVICES INC COM 001744101 101 16530 SH SOLE 3520 13010 0 AMPHENOL CORP NEW CL A COM 032095101 1232 23348 SH SOLE 5790 17558 0 AMSURG INC COM 03232P405 347 16570 SH SOLE 4550 12020 0 ANADARKO PETROLEUM CORP COM 032511107 3740 49102 SH SOLE 4470 44632 0 ANALOG DEVICES INC COM 032654105 1514 40203 SH SOLE 8090 32113 0 ANALOGIC CORP COM 032657207 323 6530 SH SOLE 570 5960 0 ANDERSONS INC COM 034164103 321 8820 SH SOLE 940 7880 0 ANGLOGOLD LTD COM 035128206 1430 29050 SH SOLE 5770 23280 0 ANHEUSER BUSCH INBEV SA/NV SPO COM 03524A108 1290 22590 SH SOLE 0 22590 0 ANIXTER INTL INC COM 035290105 734 12290 SH SOLE 1850 10440 0 ANSYS INC COM 03662Q105 442 8497 SH SOLE 5829 2668 0 AOL INC COM COM 00184X105 220 9258 SH SOLE 7350 1908 0 AON CORP COM 037389103 1439 31269 SH SOLE 3170 28099 0 APACHE CORP COM 037411105 4701 39431 SH SOLE 3390 36041 0 APARTMENT INVT & MGMT CO COM 03748R101 303 11716 SH SOLE 1509 10207 0 APOGEE ENTERPRISES INC COM 037598109 247 18320 SH SOLE 8180 10140 0 APOLLO GROUP INC CL A COM 037604105 767 19432 SH SOLE 6340 13092 0 APOLLO INVT CORP COM SH BEN IN COM 03761U106 124 11180 SH SOLE 9930 1250 0 APPLE COMPUTER INC COM 037833100 38746 120121 SH SOLE 10496 109625 0 APPLIED INDL TECHNOLOGIES INC COM 03820C105 494 15212 SH SOLE 1420 13792 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 3 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- APPLIED MATERIALS INC COM 038222105 2145 152636 SH SOLE 12470 140166 0 APPLIED SIGNAL TECHNOLOGY COM 038237103 318 8380 SH SOLE 1940 6440 0 APTARGROUP INC COM 038336103 245 5160 SH SOLE 2840 2320 0 AQUA AMERICA INC COM 03836W103 218 9698 SH SOLE 4810 4888 0 ARBITRON INC COM 03875Q108 687 16540 SH SOLE 3630 12910 0 ARCELORMITTAL SA LUXEMBOURG NY COM 03938L104 1886 49459 SH SOLE 12770 36689 0 ARCH CHEMICALS INC COM 03937R102 209 5500 SH SOLE 1100 4400 0 ARCH COAL INC COM 039380100 380 10840 SH SOLE 6800 4040 0 ARCHER DANIELS MIDLAND COM 039483102 3088 102668 SH SOLE 20350 82318 0 ARKANSAS BEST CORP DEL COM 040790107 295 10750 SH SOLE 1260 9490 0 ARM HLDGS PLC SPONSORED ADR COM 042068106 441 21229 SH SOLE 5500 15729 0 ARQULE INC COM 04269E107 232 39540 SH SOLE 23330 16210 0 ARRIS GROUP INC COM 04269Q100 577 51431 SH SOLE 7069 44362 0 ARROW ELECTRONICS INC COM 042735100 357 10430 SH SOLE 7770 2660 0 ASHLAND INC COM 044209104 343 6747 SH SOLE 5030 1717 0 ASMLD HOLDINGS NV NY REG SHS COM N07059186 917 23921 SH SOLE 6225 17696 0 ASSOCIATED BANC-CORP COM 045487105 206 13620 SH SOLE 11000 2620 0 ASSURANT INC COM 04621X108 832 21595 SH SOLE 11080 10515 0 ASTEC INDS INC COM 046224101 274 8450 SH SOLE 870 7580 0 ASTRAZENECA PLC ADR SPONSORED COM 046353108 1371 29681 SH SOLE 0 29681 0 ATLANTIC TELE NETWORK INC NEW COM 049079205 267 6970 SH SOLE 2340 4630 0 ATMEL CORP COM 049513104 383 31080 SH SOLE 23370 7710 0 ATMOS ENERGY CORP COM 049560105 252 8070 SH SOLE 5370 2700 0 ATWOOD OCEANICS COM 050095108 254 6800 SH SOLE 5730 1070 0 AU OPTRONICS CORP SPONSORED AD COM 002255107 1005 96407 SH SOLE 18611 77796 0 AUDIOVOX CORP CL A COM 050757103 241 27930 SH SOLE 21090 6840 0 AUTODESK INC COM 052769106 1017 26631 SH SOLE 2510 24121 0 AUTOMATIC DATA PROCESSING COM 053015103 8255 178363 SH SOLE 42210 136153 0 AUTONATION INC DEL COM 05329W102 463 16432 SH SOLE 8410 8022 0 AUTOZONE INC COM 053332102 1307 4796 SH SOLE 2175 2621 0 AVALONBAY COMMUNITIES INC COM 053484101 1024 9102 SH SOLE 961 8141 0 AVERY DENNISON CORP COM 053611109 650 15362 SH SOLE 1480 13882 0 AVID TECHNOLOGY INC COM 05367P100 209 11976 SH SOLE 1470 10506 0 AVISTA CORP COM 05379B107 550 24430 SH SOLE 3920 20510 0 AVIVA PLC ADR COM 05382A104 961 77420 SH SOLE 23900 53520 0 AVNET INC COM 053807103 406 12300 SH SOLE 9420 2880 0 AVON PRODUCTS INC COM 054303102 2279 78409 SH SOLE 5360 73049 0 AZZ INC COM 002474104 255 6380 SH SOLE 630 5750 0 B B & T CORP COM 054937107 1977 75186 SH SOLE 11960 63226 0 B E AEROSPACE INC COM 073302101 399 10770 SH SOLE 8240 2530 0 B M C SOFTWARE INC COM 055921100 1286 27270 SH SOLE 7210 20060 0 B P AMOCO P L C COM 055622104 6986 158158 SH SOLE 46310 111848 0 BAIDU INC SPON ADR REP A COM 056752108 919 9525 SH SOLE 1780 7745 0 BAKER HUGHES INC COM 057224107 2576 45058 SH SOLE 4099 40959 0 BALCHEM CORP COM 057665200 620 18325 SH SOLE 4745 13580 0 BALDOR ELEC CO COM 057741100 287 4560 SH SOLE 4140 420 0 BALL CORP COM 058498106 870 12780 SH SOLE 3270 9510 0 BANCO BILBAO VIZCAYA ARGENTAAD COM 05946K101 2091 205622 SH SOLE 54520 151102 0 BANCO BRADESCO S A SP ADR PFD COM 059460303 4909 241924 SH SOLE 52760 189164 0 BANCO DE CHILE SPONSORED ADR COM 059520106 3996 45215 SH SOLE 33611 11604 0 BANCO SANTANDER BRASIL S A ADS COM 05967A107 552 40578 SH SOLE 6120 34458 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 4 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- BANCO SANTANDER CENT HISPANIC COM 05964H105 6337 594979 SH SOLE 235810 359169 0 BANCO SANTANDER CHILE NEW SP A COM 05965X109 304 3253 SH SOLE 890 2363 0 BANK AMERICA CORP COM 060505104 13455 1008609 SH SOLE 118249 890360 0 BANK MONTREAL QUE COM 063671101 2089 36289 SH SOLE 10380 25909 0 BANK MUTUAL CORP COM 063750103 142 29800 SH SOLE 14270 15530 0 BANK NOVA SCOTIA HALIFAX COM 064149107 7066 123526 SH SOLE 65420 58106 0 BANK OF NEW YORK MELLON CORPOR COM 064058100 3679 121834 SH SOLE 11271 110563 0 BANK OF THE OZARKS INC COM 063904106 281 6480 SH SOLE 540 5940 0 BARCLAYS PLC ADR COM 06738E204 2680 162235 SH SOLE 42850 119385 0 BARD, C R INC COM 067383109 1798 19592 SH SOLE 2030 17562 0 BARNES GROUP INC COM 067806109 391 18900 SH SOLE 2340 16560 0 BARRICK GOLD CORP COM 067901108 3099 58265 SH SOLE 17720 40545 0 BASIC ENERGY SVCS INC NEW COM 06985P100 187 11350 SH SOLE 1050 10300 0 BAXTER INTL INC COM 071813109 5310 104905 SH SOLE 25580 79325 0 BCE INC COM 05534B760 3270 92213 SH SOLE 46515 45698 0 BECKMAN COULTER INC COM 075811109 439 5830 SH SOLE 2980 2850 0 BECTON DICKINSON & CO COM 075887109 1579 18681 SH SOLE 0 18681 0 BED BATH & BEYOND INC COM 075896100 5742 116824 SH SOLE 8040 108784 0 BELDEN CDT INC COM 077454106 804 21825 SH SOLE 2090 19735 0 BEMIS INC COM 081437105 469 14367 SH SOLE 1340 13027 0 BENCHMARK ELECTRS INC COM 08160H101 530 29185 SH SOLE 6710 22475 0 BERKLEY W R CORP COM 084423102 258 9407 SH SOLE 6720 2687 0 BERKSHIRE HATHAWAY INC DEL CL COM 084670702 13530 168890 SH SOLE 16340 152550 0 BEST BUY INC COM 086516101 3013 87866 SH SOLE 3310 84556 0 BHP BILLITON LTD SPONSORED ADR COM 088606108 10087 108555 SH SOLE 38040 70515 0 BHP BILLITON PLC SPONSORED ADR COM 05545E209 4922 61139 SH SOLE 16720 44419 0 BIG 5 SPORTING GOODS CORP COM 08915P101 165 10790 SH SOLE 1750 9040 0 BIG LOTS INC COM 089302103 255 8379 SH SOLE 750 7629 0 BIGLARI HOLDINGS INC COM COM 08986R101 399 973 SH SOLE 262 711 0 BIOGEN IDEC INC COM 09062X103 2300 34301 SH SOLE 8960 25341 0 BIOMED REALTY TRUST INC COM 09063H107 1087 58270 SH SOLE 5220 53050 0 BIO-REFERENCE LABS INC COM 09057G602 402 18110 SH SOLE 5920 12190 0 BJS RESTAURANTS INC COM COM 09180C106 367 10360 SH SOLE 0 10360 0 BJS WHOLESALE CLUB INC COM 05548J106 240 5010 SH SOLE 4200 810 0 BLACK BOX CORP COM 091826107 349 9120 SH SOLE 2540 6580 0 BLACKBAUD INC COM 09227Q100 1762 68024 SH SOLE 38790 29234 0 BLOCK H & R INC COM 093671105 466 39121 SH SOLE 3150 35971 0 BLUE COAT SYS INC COM 09534T508 865 28970 SH SOLE 8450 20520 0 BLUE NILE INC COM 09578R103 528 9250 SH SOLE 2270 6980 0 BOEING CO COM 097023105 4046 62002 SH SOLE 7028 54974 0 BORG WARNER INC COM 099724106 563 7780 SH SOLE 4670 3110 0 BOSTON BEER INC CL A COM 100557107 420 4420 SH SOLE 0 4420 0 BOSTON PRIVATE FINL HLDGS INC COM 101119105 208 31810 SH SOLE 6620 25190 0 BOSTON PROPERTIES INC COM 101121101 1218 14150 SH SOLE 1590 12560 0 BOSTON SCIENTIFIC CORP COM 101137107 1270 167806 SH SOLE 29527 138279 0 BOTTOMLINE TECH DEL INC COM COM 101388106 465 21430 SH SOLE 6620 14810 0 BRADY W H CO CL A COM 104674106 722 22140 SH SOLE 2240 19900 0 BRF-BRASIL FOODS S A SPONSORED COM 10552T107 958 56760 SH SOLE 12460 44300 0 BRIGGS & STRATTON CORP COM 109043109 463 23530 SH SOLE 5020 18510 0 BRIGHTPOINT INC COM 109473405 305 34942 SH SOLE 10590 24352 0 BRISTOL MYERS SQUIBB CO COM 110122108 5660 213731 SH SOLE 0 213731 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 5 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- BRISTOW GROUP INC COM 110394103 753 15910 SH SOLE 2180 13730 0 BRITISH AMERN TOB PLC SPONSORE COM 110448107 666 8570 SH SOLE 0 8570 0 BROADCOM CORP COM 111320107 2622 60196 SH SOLE 13220 46976 0 BROADRIDGE FINL SOLUTIONS INCO COM 11133T103 213 9727 SH SOLE 5970 3757 0 BROOKFIELD ASSET MGMT INC CL A COM 112585104 970 29126 SH SOLE 8312 20814 0 BROOKLINE BANCORP INC DEL COM 11373M107 257 23670 SH SOLE 4200 19470 0 BROOKS AUTOMATION INC COM 114340102 271 29900 SH SOLE 7000 22900 0 BROWN FORMAN CORP CL B COM 115637209 590 8469 SH SOLE 0 8469 0 BROWN SHOE INC COM 115736100 320 22974 SH SOLE 7345 15629 0 BROWN & BROWN INC COM 115236101 251 10486 SH SOLE 5510 4976 0 BRUNSWICK CORP COM 117043109 772 41200 SH SOLE 3980 37220 0 BRUSH ENGINEERED MATERIALS COM 117421107 379 9810 SH SOLE 800 9010 0 BT GROUP PLC ADR COM 05577E101 1362 47728 SH SOLE 14100 33628 0 BUCKEYE TECHNOLOGIES INC COM 118255108 563 26790 SH SOLE 7700 19090 0 BUCKLE INC COM 118440106 649 17180 SH SOLE 4635 12545 0 BUCYRUS INTL INC NEW CL A COM 118759109 692 7740 SH SOLE 5510 2230 0 BUFFALO WILD WINGS INC COM 119848109 380 8660 SH SOLE 0 8660 0 C E C ENTERTAINMENT INC COM 125137109 551 14200 SH SOLE 4120 10080 0 C H ENERGY GROUP INC COM 12541M102 354 7250 SH SOLE 1270 5980 0 C H ROBINSON WORLDWIDE INC COM 12541W209 2302 28711 SH SOLE 1290 27421 0 C M S ENERGY CORP COM 125896100 646 34743 SH SOLE 12350 22393 0 C R E E INC COM 225447101 677 10280 SH SOLE 7250 3030 0 C S G SYSTEMS INTL INC COM 126349109 411 21720 SH SOLE 5280 16440 0 C S X CORP COM 126408103 2583 39972 SH SOLE 3760 36212 0 C T S CORP COM 126501105 161 14590 SH SOLE 2340 12250 0 C V S CAREMARK CORP COM 126650100 6241 179503 SH SOLE 21745 157758 0 CA INC COM 12673P105 1159 47402 SH SOLE 4380 43022 0 CABELAS INC COM 126804301 576 26490 SH SOLE 7440 19050 0 CABLEVISION SYS CORP CL A SHS COM 12686C109 649 19180 SH SOLE 13200 5980 0 CABOT MICROELECTRONICS CORP COM 12709P103 455 10980 SH SOLE 860 10120 0 CABOT OIL & GAS CORP COM 127097103 372 9816 SH SOLE 720 9096 0 CACI INTL INC CL A COM 127190304 733 13730 SH SOLE 2520 11210 0 CADENCE DESIGNS SYSTEMS INC COM 127387108 137 16640 SH SOLE 10070 6570 0 CAL MAINE FOODS INC COM 128030202 207 6560 SH SOLE 800 5760 0 CALAVO GROWERS INC COM COM 128246105 228 9870 SH SOLE 4280 5590 0 CALGON CARBON CORP COM 129603106 387 25600 SH SOLE 2170 23430 0 CALIFORNIA PIZZA KITCHEN INC COM 13054D109 318 18410 SH SOLE 6970 11440 0 CALLAWAY GOLF CO COM 131193104 287 35610 SH SOLE 12370 23240 0 CAMBREX CORP COM 132011107 72 13970 SH SOLE 13490 480 0 CAMDEN PPTY TR SH BEN INT COM 133131102 219 4060 SH SOLE 2830 1230 0 CAMECO CORP COM 13321L108 864 21392 SH SOLE 5980 15412 0 CAMERON INTRNATIONAL CORP COM 13342B105 1724 33983 SH SOLE 9830 24153 0 CAMPBELL SOUP CO COM 134429109 2559 73645 SH SOLE 40100 33545 0 CANADIAN NAT RES LTD COM 136385101 2712 61048 SH SOLE 15750 45298 0 CANADIAN NATL RY CO COM 136375102 3810 57319 SH SOLE 30650 26669 0 CANADIAN PAC RY LTD COM 13645T100 729 11248 SH SOLE 3300 7948 0 CANON INC ADR COM 138006309 3442 67047 SH SOLE 18650 48397 0 CAPELLA EDUCATION COMPANY COM 139594105 662 9940 SH SOLE 1930 8010 0 CAPITAL ONE FINANCIAL CORP COM 14040H105 2247 52787 SH SOLE 11578 41209 0 CARBO CERAMICS INC COM 140781105 1090 10525 SH SOLE 1140 9385 0 CARDINAL HEALTH INC COM 14149Y108 2192 57205 SH SOLE 14130 43075 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 6 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- CAREFUSION CORP COM COM 14170T101 733 28537 SH SOLE 8340 20197 0 CARMAX INC COM 143130102 973 30510 SH SOLE 11980 18530 0 CARNIVAL PAIRED CERTIFICATES COM 143658300 2255 48898 SH SOLE 5630 43268 0 CARNIVAL PLC ADR COM 14365C103 498 10741 SH SOLE 3080 7661 0 CARTER HLDGS INC COM 146229109 936 31720 SH SOLE 3940 27780 0 CASCADE CORP COM 147195101 207 4386 SH SOLE 370 4016 0 CASEYS GENERAL STORES INC COM 147528103 730 17170 SH SOLE 2470 14700 0 CASH AMERICAN INTL INC COM 14754D100 667 18050 SH SOLE 3810 14240 0 CATALYST HEALTH SOLUTIONS INC COM 14888B103 1086 23350 SH SOLE 4550 18800 0 CATERPILLAR INC COM 149123101 8718 93078 SH SOLE 5850 87228 0 CATO CORP NEW CL A COM 149205106 390 14215 SH SOLE 1490 12725 0 CBEYOND INC COM 149847105 290 18970 SH SOLE 5000 13970 0 CBS CORP 6.750% 03/27/56 PREFERRED STOCKS 124857400 1453 57503 SH SOLE 0 57503 0 CBS CORP NEW CL B COM 124857202 1377 72268 SH SOLE 16140 56128 0 CDN IMPERIAL BK OF COMMERCE COM 136069101 1974 25184 SH SOLE 7070 18114 0 CEDAR SHOPPING CTRS INC COM NE COM 150602209 173 27450 SH SOLE 9480 17970 0 CELGENE CORP COM 151020104 5874 99326 SH SOLE 10360 88966 0 CEMEX S A SPONSORED ADR COM 151290889 1219 113786 SH SOLE 20774 93012 0 CENOVUS ENERGY INC COM COM 15135U109 1369 41172 SH SOLE 10190 30982 0 CENTENE CORP DEL COM 15135B101 615 24270 SH SOLE 6220 18050 0 CENTERPOINT ENERGY INC COM 15189T107 860 54710 SH SOLE 13820 40890 0 CENTRAIS ELETRICAS BRASILEIRAD COM 15234Q207 353 25652 SH SOLE 10240 15412 0 CENTRAL GARDEN & PET CO CL A N COM 153527205 319 32270 SH SOLE 10670 21600 0 CENTURY ALUM CO COM 156431108 401 25850 SH SOLE 2660 23190 0 CENTURYTEL INC COM 156700106 1584 34298 SH SOLE 3842 30456 0 CEPHALON INC COM 156708109 623 10094 SH SOLE 1920 8174 0 CERADYNE INC CALIF COM 156710105 339 10760 SH SOLE 1260 9500 0 CERNER CORP COM 156782104 1018 10740 SH SOLE 3640 7100 0 CEVA INC COM 157210105 323 15780 SH SOLE 5590 10190 0 CF INDS HLDGS INC COM 125269100 1535 11355 SH SOLE 4530 6825 0 CHECKPOINT SYSTEM INC COM 162825103 329 16000 SH SOLE 1690 14310 0 CHEESECAKE FACTORY INC COM 163072101 270 8795 SH SOLE 8310 485 0 CHEMED CORPORATION COM 16359R103 561 8830 SH SOLE 2180 6650 0 CHESAPEAKE ENERGY CORP COM 165167107 1706 65839 SH SOLE 6540 59299 0 CHEVRON CORPORATION COM 166764100 21231 232668 SH SOLE 36949 195719 0 CHICOS F A S INC COM 168615102 226 18820 SH SOLE 14440 4380 0 CHILDRENS PL RETAIL STORES COM 168905107 613 12350 SH SOLE 1170 11180 0 CHINA LIFE INS CO LTD SPON ADR COM 16939P106 4018 65690 SH SOLE 15170 50520 0 CHINA MOBILE HONG KONG LTD ADR COM 16941M109 6347 127915 SH SOLE 30030 97885 0 CHINA PETE & CHEM CORP SPON AD COM 16941R108 2184 22820 SH SOLE 5160 17660 0 CHINA TELECOM CORP LTD SPON AD COM 169426103 596 11407 SH SOLE 2260 9147 0 CHINA UNICOM LTD SPONSORED ADR COM 16945R104 1332 93507 SH SOLE 14705 78802 0 CHIPOTLE MEXICAN GRILL INC CL COM 169656105 631 2967 SH SOLE 2051 916 0 CHRISTOPHER & BANKS CORP COM 171046105 163 26505 SH SOLE 13990 12515 0 CHUBB CORP COM 171232101 4003 67117 SH SOLE 5750 61367 0 CHUNGHWA TELECOM CO LTD COM 17133Q106 2292 90703 SH SOLE 26237 64466 0 CHURCH & DWIGHT CO COM 171340102 371 5378 SH SOLE 3130 2248 0 CIBER INC COM 17163B102 332 71020 SH SOLE 47660 23360 0 CIGNA CORP COM 125509109 1617 44110 SH SOLE 16790 27320 0 CIMAREX ENERGY CO COM 171798101 512 5780 SH SOLE 3420 2360 0 CINCINNATI BELL COM 171871106 39 14100 SH SOLE 12990 1110 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 7 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- CINCINNATI FINANCIAL CORP COM 172062101 766 24172 SH SOLE 7522 16650 0 CINTAS CORP COM 172908105 447 15996 SH SOLE 1510 14486 0 CIRCOR INTL INC COM 17273K109 342 8080 SH SOLE 730 7350 0 CISCO SYSTEMS INC COM 17275R102 14058 694919 SH SOLE 51340 643579 0 CITIGROUP INC COM 172967101 11175 2362498 SH SOLE 296030 2066468 0 CITRIX SYSTEMS INC COM 177376100 1815 26534 SH SOLE 7250 19284 0 CITY HLDG CO COM 177835105 233 6430 SH SOLE 630 5800 0 CLARCOR INC COM 179895107 1019 23770 SH SOLE 2050 21720 0 CLEARWATER PAPER CORP COM COM 18538R103 379 4836 SH SOLE 515 4321 0 CLIFFS NATURAL RESOURCES INC COM 18683K101 6303 80800 SH SOLE 1270 79530 0 CLOROX CO COM 189054109 1630 25759 SH SOLE 2580 23179 0 CME GROUP INC COM 12572Q105 2174 6758 SH SOLE 645 6113 0 CNOOC LTD SPONSORED ADR COM 126132109 8696 36482 SH SOLE 17296 19186 0 COACH INC COM 189754104 5270 95277 SH SOLE 14090 81187 0 COCA COLA CO COM 191216100 20947 318485 SH SOLE 44500 273985 0 COCA-COLA ENTERPRISES INC NEW COM 19122T109 1276 50973 SH SOLE 17060 33913 0 COGNEX CORP COM 192422103 547 18590 SH SOLE 1630 16960 0 COGNIZANT TECHNLGY SLTNS COR COM 192446102 3234 44131 SH SOLE 12760 31371 0 COHU INC COM 192576106 166 10030 SH SOLE 820 9210 0 COINSTAR INC COM 19259P300 1107 19620 SH SOLE 4370 15250 0 COLDWATER CREEK INC COM 193068103 82 26010 SH SOLE 14390 11620 0 COLGATE PALMOLIVE CO COM 194162103 5406 67263 SH SOLE 5580 61683 0 COLONIAL PPTYS TR COM 195872106 687 38080 SH SOLE 4040 34040 0 COLUMBIA BKG SYS INC COM 197236102 329 15600 SH SOLE 1480 14120 0 COMCAST CORP 6.625% 05/15/56 PREFERRED STOCKS 20030N507 1168 45885 SH SOLE 0 45885 0 COMCAST CORP CL A COM 20030N101 5730 260830 SH SOLE 0 260830 0 COMERICA INC COM 200340107 734 17369 SH SOLE 1680 15689 0 COMFORT SYS USA INC COM COM 199908104 269 20440 SH SOLE 7130 13310 0 COMMERCE BANCSHARES INC COM 200525103 236 5929 SH SOLE 3479 2450 0 COMMERCIAL METALS CO COM 201723103 176 10610 SH SOLE 8820 1790 0 COMMSCOPE INC COM 203372107 269 8632 SH SOLE 6880 1752 0 COMMUNITY BK SYS INC COM 203607106 416 14970 SH SOLE 1480 13490 0 COMMVAULT SYSTEMS INC COM 204166102 776 27100 SH SOLE 6710 20390 0 COMP PARANAENSE DE ENERGIA ADR COM 20441B407 448 17810 SH SOLE 6940 10870 0 COMPANHIA DE BEBIDAS DAS AMESP COM 20441W203 1303 42000 SH SOLE 0 42000 0 COMPANHIA ENERGETICA DE MINASP COM 204409601 1204 72601 SH SOLE 20647 51954 0 COMPANHIA SIDERURGICA NACIONSP COM 20440W105 1648 98846 SH SOLE 19700 79146 0 COMPANIA DE MINAS BUENAVENTUSP COM 204448104 1308 26714 SH SOLE 6330 20384 0 COMPASS MINERALS INTL INC COM 20451N101 281 3150 SH SOLE 2090 1060 0 COMPELLENT TECHNOLOGIES INC CO COM 20452A108 460 16680 SH SOLE 5550 11130 0 COMPUTER PROGRAMS & SYS INC COM 205306103 268 5720 SH SOLE 370 5350 0 COMPUTER SCIENCES CORP COM 205363104 1161 23414 SH SOLE 9030 14384 0 COMPUWARE CORP COM 205638109 180 15430 SH SOLE 4460 10970 0 COMSCORE INC COM 20564W105 421 18840 SH SOLE 6940 11900 0 COMTECH TELECOMM CORP COM 205826209 345 12440 SH SOLE 2090 10350 0 CONAGRA INC COM 205887102 2458 108851 SH SOLE 52610 56241 0 CONCUR TECHNOLOGIES INC COM 206708109 552 10630 SH SOLE 3790 6840 0 CONMED CORP COM 207410101 350 13240 SH SOLE 2430 10810 0 CONOCO PHILLIPS COM 20825C104 12371 181661 SH SOLE 16319 165342 0 CONSOL ENERGY INC COM 20854P109 1308 26839 SH SOLE 5070 21769 0 CONSOLIDATED EDISON INC COM 209115104 1741 35116 SH SOLE 5950 29166 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 8 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- CONSOLIDATED GRAPHICS INC COM 209341106 380 7840 SH SOLE 2570 5270 0 CONSTELLATION BRANDS COM 21036P108 299 13509 SH SOLE 0 13509 0 CONSTELLATION ENERGY GROUP INC COM 210371100 1253 40922 SH SOLE 21430 19492 0 CONTANGO OIL & GAS COMPANY NEW COM 21075N204 503 8690 SH SOLE 1980 6710 0 CONTINENTAL RESOURCES INC COM 212015101 3240 55060 SH SOLE 0 55060 0 COOPER COMPANIES INC COM 216648402 301 5350 SH SOLE 4450 900 0 COOPER INDUSTRIES PLC SHS COM G24140108 212 3640 SH SOLE 0 3640 0 COPART INC COM 217204106 243 6515 SH SOLE 4520 1995 0 CORELOGIC INC COM COM 21871D103 285 15405 SH SOLE 13400 2005 0 CORINTHIAN COLLEGES INC COM 218868107 294 56450 SH SOLE 38390 18060 0 CORN PRODUCTS INTL INC COM 219023108 246 5350 SH SOLE 3370 1980 0 CORNING INC COM 219350105 4474 231596 SH SOLE 16190 215406 0 CORVEL CORP COM 221006109 264 5450 SH SOLE 2150 3300 0 COSTCO WHOLESALE CORP COM 22160K105 3639 50400 SH SOLE 6850 43550 0 COVANCE INC COM 222816100 284 5520 SH SOLE 3220 2300 0 COVENTRY HEALTH CARE INC COM 222862104 919 34798 SH SOLE 20136 14662 0 COVIDIEN PLC ORDINARY SHARE COM G2554F105 584 12800 SH SOLE 0 12800 0 CRACKER BARREL OLD COUNTRY STO COM 22410J106 788 14380 SH SOLE 3190 11190 0 CREDICORP LTD COM COM G2519Y108 467 3925 SH SOLE 1090 2835 0 CREDIT SUISSE GROUP ADR SPONSO COM 225401108 2303 56989 SH SOLE 14780 42209 0 CRH PLC ADR COM 12626K203 768 36903 SH SOLE 8650 28253 0 CROCS INC COM 227046109 930 54320 SH SOLE 13180 41140 0 CROSS CTRY HEALTHCARE INC COM 227483104 186 21950 SH SOLE 10920 11030 0 CROWN CASTLE INTL CORP COM 228227104 275 6266 SH SOLE 0 6266 0 CRYOLIFE INC COM 228903100 69 12770 SH SOLE 830 11940 0 CTRIP COM INTL LTD AMERICAN DE COM 22943F100 452 11173 SH SOLE 2210 8963 0 CUBIC CORP COM 229669106 364 7710 SH SOLE 700 7010 0 CUBIST PHARMACEUTICALS INC COM 229678107 739 34550 SH SOLE 6320 28230 0 CULLEN FROST BANKERS INC COM 229899109 285 4660 SH SOLE 2610 2050 0 CUMMINS ENGINE INC COM 231021106 2720 24722 SH SOLE 4380 20342 0 CURTISS WRIGHT CORP COM 231561101 671 20220 SH SOLE 2990 17230 0 CYBERONICS INC COM 23251P102 486 15680 SH SOLE 4020 11660 0 CYMER INC COM 232572107 614 13620 SH SOLE 1330 12290 0 CYPRESS SEMICONDUCTOR CORP COM 232806109 1617 87010 SH SOLE 7250 79760 0 D P L INC COM 233293109 204 7930 SH SOLE 5000 2930 0 D R HORTON INC COM 23331A109 505 42292 SH SOLE 17896 24396 0 D T E ENERGY CO COM 233331107 975 21516 SH SOLE 5810 15706 0 DAKTRONICS INC COM 234264109 255 16000 SH SOLE 1810 14190 0 DANAHER CORP COM 235851102 4423 93768 SH SOLE 5520 88248 0 DARDEN RESTAURANTS INC COM 237194105 1833 39468 SH SOLE 8900 30568 0 DARLING INTL INC COM 237266101 678 51040 SH SOLE 12300 38740 0 DAVITA INC COM 23918K108 936 13473 SH SOLE 1940 11533 0 DEALERTRACK HLDGS INC COM 242309102 390 19450 SH SOLE 2100 17350 0 DEAN FOODS INC COM 242370104 737 83416 SH SOLE 66300 17116 0 DECKERS OUTDOOR CORP COM 243537107 348 4369 SH SOLE 4010 359 0 DEERE & CO COM 244199105 5760 69352 SH SOLE 6442 62910 0 DELL INC COM 24702R101 2661 196354 SH SOLE 22460 173894 0 DELPHI FINANCIAL GROUP INC CL COM 247131105 709 24585 SH SOLE 4255 20330 0 DELTA AIR LINES INC DEL NEW COM 247361702 1404 111435 SH SOLE 0 111435 0 DELTIC TIMBER CORP COM 247850100 314 5570 SH SOLE 510 5060 0 DENBURY RES INC COM 247916208 729 38211 SH SOLE 3870 34341 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 9 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- DENTSPLY INTL INC COM 249030107 832 24351 SH SOLE 3060 21291 0 DEUTSCHE BANK AG ORD COM D18190898 2024 38879 SH SOLE 10070 28809 0 DEVON ENERGY CORP COM 25179M103 3535 45032 SH SOLE 4040 40992 0 DEVRY INC COM 251893103 595 12410 SH SOLE 6060 6350 0 DG FASTCHANNEL INC COM 23326R109 429 14860 SH SOLE 3090 11770 0 DIAGEO PLC ADR SPONSORED COM 25243Q205 1497 20134 SH SOLE 0 20134 0 DIAMOND FOODS INC COM 252603105 554 10410 SH SOLE 940 9470 0 DIAMOND OFFSHORE DRILLNG INC COM 25271C102 799 11954 SH SOLE 4860 7094 0 DIAMONDROCK HOSPITALITY CO COM 252784301 840 69972 SH SOLE 8100 61872 0 DICKS SPORTING GOODS INC COM 253393102 319 8510 SH SOLE 6500 2010 0 DIEBOLD INC COM 253651103 1226 38253 SH SOLE 29960 8293 0 DIGI INTL INC COM 253798102 129 11660 SH SOLE 3130 8530 0 DIME CMNTY BANCORP INC COM 253922108 178 12190 SH SOLE 1490 10700 0 DINEEQUITY INC COM 254423106 571 11560 SH SOLE 4000 7560 0 DIODES INC COM 254543101 611 22630 SH SOLE 5630 17000 0 DIONEX CORP COM 254546104 1159 9820 SH SOLE 1400 8420 0 DIRECTV CLASS A COM 25490A101 5321 133249 SH SOLE 0 133249 0 DISCOVER FINANCIAL SERVICES COM 254709108 1105 59643 SH SOLE 10640 49003 0 DISCOVERY COMMUNICATNS NEW COM COM 25470F104 1940 46527 SH SOLE 17380 29147 0 DISNEY WALT CO COM 254687106 10831 288741 SH SOLE 0 288741 0 DOLAN MEDIA CO COM 25659P402 432 31000 SH SOLE 16350 14650 0 DOLLAR TREE INC COM 256746108 582 10376 SH SOLE 6905 3471 0 DOMINION RESOURCES INC VA COM 25746U109 2536 59374 SH SOLE 6154 53220 0 DONALDSON INC COM 257651109 364 6252 SH SOLE 3250 3002 0 DONNELLEY R R & SONS CO COM 257867101 672 38467 SH SOLE 18250 20217 0 DOVER CORP COM 260003108 4426 75719 SH SOLE 1730 73989 0 DOW CHEMICAL CORP COM 260543103 3903 114314 SH SOLE 11410 102904 0 DR PEPPER SNAPPLE GROUP INC CO COM 26138E109 2275 64694 SH SOLE 8680 56014 0 DREAMWORKS ANIMATION INC CL A COM 26153C103 247 8370 SH SOLE 6090 2280 0 DRESS BARN INC COM 261570105 243 9199 SH SOLE 8688 511 0 DRIL-QUIP INC COM 262037104 249 3210 SH SOLE 2930 280 0 DTS INC COM 23335C101 510 10390 SH SOLE 2140 8250 0 DU PONT E I DE NEMOURS & CO COM 263534109 6730 134917 SH SOLE 9100 125817 0 DUKE ENERGY CORP COM 26441C105 2338 131297 SH SOLE 18596 112701 0 DUKE REALTY CORP COM 264411505 168 13490 SH SOLE 10230 3260 0 DUN & BRADSTREET CORP DEL COM 26483E100 511 6221 SH SOLE 890 5331 0 DYCOM INDS INC COM 267475101 267 18080 SH SOLE 4830 13250 0 DYNEGY INC COM 26817G300 82 14512 SH SOLE 13888 624 0 E M C CORP MASS COM 268648102 10832 473017 SH SOLE 33440 439577 0 E O G RESOURCES INC COM 26875P101 2804 30674 SH SOLE 2210 28464 0 EAGLE MATLS INC COM 26969P108 584 20660 SH SOLE 2020 18640 0 EAST WEST BANCORP INC COM 27579R104 587 30050 SH SOLE 6840 23210 0 EASTGROUP PPTYS INC COM 277276101 545 12880 SH SOLE 1060 11820 0 EASTMAN CHEMICAL CO COM 277432100 555 6599 SH SOLE 0 6599 0 EASTMAN KODAK COM 277461109 167 31180 SH SOLE 10710 20470 0 EATON CORP COM 278058102 1768 17418 SH SOLE 1650 15768 0 EATON VANCE CORP COM 278265103 284 9406 SH SOLE 5120 4286 0 EBAY INC COM 278642103 3101 111420 SH SOLE 0 111420 0 EBIX INC COM NEW COM 278715206 601 25370 SH SOLE 8880 16490 0 ECOLAB INC COM 278865100 2464 48874 SH SOLE 2530 46344 0 ECOPETROL S A SPONSORED ADS COM 279158109 661 15145 SH SOLE 2310 12835 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 10 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- EDISON INTL COM 281020107 1573 40748 SH SOLE 7580 33168 0 EDWARDS LIFESCIENCES CORP COM 28176E108 838 10364 SH SOLE 6270 4094 0 EHEALTH INC COM COM 28238P109 216 15240 SH SOLE 4550 10690 0 EL PASO CORPORATION COM 28336L109 1965 142835 SH SOLE 6790 136045 0 EL PASO ELEC CO COM 283677854 545 19790 SH SOLE 1610 18180 0 ELAN CORP PLC ADR COM 284131208 300 52335 SH SOLE 19290 33045 0 ELDORADO GOLD CORP NEW COM COM 284902103 1696 91325 SH SOLE 9050 82275 0 ELECTRO SCIENTIFIC INDS INC COM 285229100 183 11420 SH SOLE 1200 10220 0 ELECTRONIC ARTS INC COM 285512109 543 33125 SH SOLE 3460 29665 0 EMBRAER SA SP ADR COM 29082A107 298 10136 SH SOLE 3220 6916 0 EMCOR GROUP INC COM 29084Q100 865 29860 SH SOLE 5870 23990 0 EMERGENT BIOSOLUTIONS INC COM COM 29089Q105 225 9590 SH SOLE 770 8820 0 EMERSON ELEC CO COM 291011104 13684 239357 SH SOLE 6820 232537 0 EMPLOYERS HOLDINGS INC COM 292218104 310 17710 SH SOLE 2480 15230 0 EMPRESA NACIONAL DE ELCTRCIDSP COM 29244T101 1636 29099 SH SOLE 8490 20609 0 ENBRIDGE INC COM 29250N105 3992 70785 SH SOLE 38070 32715 0 ENCANA CORP COM 292505104 1277 43855 SH SOLE 10540 33315 0 ENCORE WIRE CORP COM 292562105 209 8340 SH SOLE 1160 7180 0 ENDO PHARMACEUTICALS HLDGS COM 29264F205 429 12000 SH SOLE 7770 4230 0 ENERGEN CORP COM 29265N108 253 5240 SH SOLE 2950 2290 0 ENERGIZER HOLDINGS INC COM 29266R108 329 4510 SH SOLE 2980 1530 0 ENERPLUS RES FD TR UNIT NEW COM 29274D604 456 14791 SH SOLE 3560 11231 0 ENERSIS S A SPONSORED ADR COM 29274F104 1349 58094 SH SOLE 18080 40014 0 ENI S P A ADR SPONSORED COM 26874R108 3931 89874 SH SOLE 23890 65984 0 ENPRO INDS INC COM 29355X107 456 10970 SH SOLE 890 10080 0 ENSIGN GROUP INC COM COM 29358P101 271 10910 SH SOLE 4590 6320 0 ENTERGY CORP COM 29364G103 2619 36980 SH SOLE 3380 33600 0 ENTERTAINMENT PPTYS TR SH BEN COM 29380T105 1081 23380 SH SOLE 1870 21510 0 ENZO BIOCHEM INC COM 294100102 146 27579 SH SOLE 11740 15839 0 EPICOR SOFTWARE CORP COM 29426L108 231 22880 SH SOLE 2970 19910 0 EPIQ SYS INC COM 26882D109 188 13675 SH SOLE 2025 11650 0 EQT CORP COM COM 26884L109 769 17159 SH SOLE 1150 16009 0 EQUIFAX INC COM 294429105 520 14607 SH SOLE 2050 12557 0 EQUINIX INC COM 29444U502 371 4562 SH SOLE 3180 1382 0 ERESEARCHTECHNOLOGY INC COM 29481V108 152 20680 SH SOLE 3310 17370 0 ERICSSON L M TEL CO COM 294821608 1996 173149 SH SOLE 49550 123599 0 ESCO TECHNOLOGIES INC COM 296315104 466 12310 SH SOLE 1130 11180 0 ESSEX PPTY TR COM 297178105 227 1990 SH SOLE 1070 920 0 ESTERLINE TECHNOLOGIES CORP COM 297425100 855 12460 SH SOLE 1310 11150 0 ETABLISSEMENTS DELHAIZE FRERSP COM 29759W101 2521 34205 SH SOLE 21570 12635 0 ETHAN ALLEN INTERIORS INC COM 297602104 241 12020 SH SOLE 1470 10550 0 ETRADE FINANCIAL CORP COM NEW COM 269246401 276 17275 SH SOLE 2578 14697 0 EVEREST RE GROUP LTD COM G3223R108 383 4520 SH SOLE 3080 1440 0 EXAR CORP COM 300645108 132 18850 SH SOLE 1430 17420 0 EXELON CORP COM 30161N101 2847 68378 SH SOLE 6850 61528 0 EXPEDIA INC DEL COM 30212P105 1107 44123 SH SOLE 24060 20063 0 EXPEDITORS INTL WASHINGTON INC COM 302130109 2012 36854 SH SOLE 1660 35194 0 EXPONENT INC COM 30214U102 326 8680 SH SOLE 2110 6570 0 EXPRESS SCRIPTS INC CL A COM 302182100 3729 68985 SH SOLE 11426 57559 0 EXTRA SPACE STORAGE INC COM 30225T102 708 40710 SH SOLE 4400 36310 0 EXXON MOBIL CORP COM 30231G102 50045 684419 SH SOLE 46100 638319 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 11 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- EZCORP INC CL A NON VTG COM 302301106 792 29210 SH SOLE 5860 23350 0 F E I CO COM 30241L109 459 17390 SH SOLE 1590 15800 0 F M C CORP COM 302491303 897 11225 SH SOLE 3320 7905 0 F M C TECHNOLOGIES INC COM 30249U101 1649 18544 SH SOLE 6120 12424 0 F5 NETWORKS INC COM 315616102 1124 8634 SH SOLE 5670 2964 0 FACTSET RESEARCH SYSTEMS INC COM 303075105 463 4940 SH SOLE 2880 2060 0 FAMILY DOLLAR STORES COM 307000109 1387 27898 SH SOLE 4910 22988 0 FARO TECHNOLOGIES INC COM 311642102 248 7560 SH SOLE 720 6840 0 FASTENAL CO COM 311900104 1396 23301 SH SOLE 1330 21971 0 FEDERAL RLTY INVT TR SBI COM 313747206 322 4130 SH SOLE 2460 1670 0 FEDERAL SIGNAL CORP COM 313855108 235 34220 SH SOLE 15450 18770 0 FEDEX CORP COM 31428X106 3003 32287 SH SOLE 2840 29447 0 FIDELITY NATIONAL INFORMATION COM 31620M106 820 29941 SH SOLE 3286 26655 0 FIDELITY NATL TITLE GROUP INC COM 31620R105 267 19546 SH SOLE 15370 4176 0 FIFTH THIRD BANCORP COM 316773100 1320 89917 SH SOLE 20120 69797 0 FINISH LINE INC CL A COM 317923100 453 26345 SH SOLE 2607 23738 0 FIRST AMERN FINL CORP COM COM 31847R102 208 13935 SH SOLE 13080 855 0 FIRST BANCORP P R COM 318672102 56 122240 SH SOLE 61240 61000 0 FIRST CASH FINL SVCS INC COM 31942D107 566 18270 SH SOLE 4050 14220 0 FIRST COMWLTH FINL CORP PA COM 319829107 259 36560 SH SOLE 6610 29950 0 FIRST FINL BANCORP OH COM 320209109 470 25450 SH SOLE 2060 23390 0 FIRST FINL BANCSHARES INC COM 32020R109 1663 32446 SH SOLE 18670 13776 0 FIRST HORIZON NATIONAL CORPORA COM 320517105 276 23431 SH SOLE 3242 20189 0 FIRST MIDWEST BANCORP COM 320867104 379 32930 SH SOLE 6570 26360 0 FIRST NIAGARA FINL GP INC COM 33582V108 170 12154 SH SOLE 9190 2964 0 FIRST SOLAR INC COM 336433107 1052 8086 SH SOLE 2580 5506 0 FIRSTENERGY CORP COM 337932107 1328 35873 SH SOLE 8600 27273 0 FISERV INC COM 337738108 4938 84327 SH SOLE 1970 82357 0 FLIR SYS INC COM 302445101 659 22159 SH SOLE 9260 12899 0 FLOWSERVE CORP COM 34354P105 1095 9186 SH SOLE 3800 5386 0 FLUOR CORP COM 343412102 3679 55521 SH SOLE 1530 53991 0 FOMENTO ECONOMICO MEXICANO COM 344419106 686 12270 SH SOLE 0 12270 0 FOOT LOCKER INC COM 344849104 222 11330 SH SOLE 8800 2530 0 FORD MOTOR CO DEL COM 345370860 6369 379358 SH SOLE 33540 345818 0 FOREST LABS INC COM 345838106 1242 38849 SH SOLE 5310 33539 0 FOREST OIL CORP COM 346091705 273 7180 SH SOLE 4730 2450 0 FORESTAR REAL ESTATE GROUP I COM 346233109 339 17590 SH SOLE 1790 15800 0 FORRESTER RESH INC COM 346563109 306 8680 SH SOLE 1630 7050 0 FORTUNE BRANDS INC COM 349631101 644 10688 SH SOLE 0 10688 0 FORWARD AIR CORP COM 349853101 391 13765 SH SOLE 1370 12395 0 FOSSIL INC COM 349882100 381 5410 SH SOLE 4110 1300 0 FRANCE TELECOM COM 35177Q105 2551 121018 SH SOLE 34100 86918 0 FRANKLIN RESOURCES, INC COM 354613101 2129 19148 SH SOLE 1500 17648 0 FRANKLIN STREET PPTYS CORP COM COM 35471R106 388 27220 SH SOLE 3250 23970 0 FREDS INC CL A COM 356108100 319 23180 SH SOLE 9350 13830 0 FREEPORT MCMORAN COPPER&GOLD C COM 35671D857 11011 91687 SH SOLE 8289 83398 0 FRESENIUS MED CARE AG SPONSORE COM 358029106 1275 22106 SH SOLE 7360 14746 0 FRONTIER COMMUNICATIONS CORP C COM 35906A108 1118 114947 SH SOLE 17720 97227 0 FRONTIER OIL CORP COM 35914P105 184 10220 SH SOLE 7870 2350 0 FULLER H B CO COM 359694106 422 20560 SH SOLE 1950 18610 0 FULTON FINL CORP PA COM 360271100 135 13041 SH SOLE 11010 2031 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 12 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- G & K SERVICES INC CL A COM 361268105 292 9450 SH SOLE 2490 6960 0 GALLAGHER ARTHUR J & CO COM 363576109 212 7300 SH SOLE 4290 3010 0 GAMESTOP CORPORATION CLASS A COM 36467W109 722 31561 SH SOLE 18232 13329 0 GANNETT INC DEL COM 364730101 535 35461 SH SOLE 14420 21041 0 GAP INC COM 364760108 1940 87617 SH SOLE 4720 82897 0 GARDNER DENVER INC COM 365558105 236 3431 SH SOLE 2150 1281 0 GARTNER GROUP INC NEW CL A COM 366651107 224 6740 SH SOLE 5030 1710 0 GENCORP INC COM 368682100 171 33000 SH SOLE 13010 19990 0 GENERAL COMMUNICATION INC CL A COM 369385109 233 18420 SH SOLE 1510 16910 0 GENERAL DYNAMICS CORP COM 369550108 3662 51613 SH SOLE 3840 47773 0 GENERAL ELEC CAP CORP 6.000% 0 PREFERRED STOCKS 369622451 1396 54752 SH SOLE 0 54752 0 GENERAL ELEC CO COM 369604103 18449 1008692 SH SOLE 102750 905942 0 GENERAL MILLS INC COM 370334104 3363 94503 SH SOLE 8610 85893 0 GENESCO INC COM 371532102 435 11600 SH SOLE 1100 10500 0 GENOPTIX INC COM 37243V100 280 14740 SH SOLE 5920 8820 0 GENTEX CORP COM 371901109 326 11020 SH SOLE 7370 3650 0 GENTIVA HEALTH SVCS INC COM 37247A102 416 15630 SH SOLE 4440 11190 0 GENUINE PARTS CO COM 372460105 4858 94616 SH SOLE 49880 44736 0 GENWORTH FINL INC CL A COM 37247D106 939 71429 SH SOLE 27550 43879 0 GENZYME CORP COM 372917104 2387 33526 SH SOLE 5280 28246 0 GEN-PROBE INC COM 36866T103 324 5550 SH SOLE 3160 2390 0 GEO GROUP INC COM 36159R103 634 25713 SH SOLE 2650 23063 0 GERBER SCIENTIFIC INC COM 373730100 143 18130 SH SOLE 9230 8900 0 GERDAU S A SPONSORED ADR COM 373737105 1084 77500 SH SOLE 14370 63130 0 GIBRALTAR INDS INC COM 374689107 266 19590 SH SOLE 8370 11220 0 GILEAD SCIENCES INC COM 375558103 3965 109420 SH SOLE 17200 92220 0 GLACIER BANCORP INC COM 37637Q105 423 27990 SH SOLE 2550 25440 0 GLAXOSMITHKLINE PLC ADR SPONSO COM 37733W105 1995 50865 SH SOLE 0 50865 0 GOLD FIELDS LTD NEW SPONSORED COM 38059T106 946 52161 SH SOLE 9700 42461 0 GOLDCORP INC COM 380956409 2165 47076 SH SOLE 13317 33759 0 GOLDMAN SACHS GROUP INC COM 38141G104 10902 64829 SH SOLE 5480 59349 0 GOODRICH B F CO COM 382388106 1549 17593 SH SOLE 4310 13283 0 GOODYEAR TIRE & RUBBER CO COM 382550101 411 34674 SH SOLE 12070 22604 0 GOOGLE INC CL A COM 38259P508 20769 34967 SH SOLE 2995 31972 0 GRAINGER W W INC COM 384802104 2383 17253 SH SOLE 1720 15533 0 GREAT PLAINS ENERGY INC COM 391164100 223 11501 SH SOLE 8351 3150 0 GREATBATCH INC COM 39153L106 279 11540 SH SOLE 1050 10490 0 GREEN MTN COFFEE ROASTERS INC COM 393122106 436 13275 SH SOLE 10000 3275 0 GRIFFON CORP COM 398433102 286 22450 SH SOLE 5920 16530 0 GROUP 1 AUTOMOTIVE INC COM 398905109 520 12460 SH SOLE 3490 8970 0 GRUPO TELEVISA SA DE CV ADR SP COM 40049J206 1671 64425 SH SOLE 15350 49075 0 GUESS INC COM 401617105 401 8480 SH SOLE 6860 1620 0 GULFPORT ENERGY CORP COM NEW COM 402635304 434 20000 SH SOLE 6090 13910 0 H C C INSURANCE HOLDINGS INC COM 404132102 290 10030 SH SOLE 6370 3660 0 HAEMONETICS CORP COM 405024100 912 14440 SH SOLE 2030 12410 0 HAIN CELESTIAL GROUP INC COM 405217100 516 19070 SH SOLE 1790 17280 0 HALLIBURTON CO COM 406216101 4037 98871 SH SOLE 8250 90621 0 HANCOCK HLDG CO COM 410120109 432 12380 SH SOLE 1340 11040 0 HANGER ORTHOPEDIC GROUP INC CO COM 41043F208 287 13530 SH SOLE 1530 12000 0 HANMI FINL CORP COM 410495105 73 63890 SH SOLE 34150 29740 0 HANOVER INS GROUP INC COM 410867105 210 4490 SH SOLE 3440 1050 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 13 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- HANSEN NAT CORP COM 411310105 373 7130 SH SOLE 4990 2140 0 HARLEY DAVIDSON INC COM 412822108 906 26124 SH SOLE 2400 23724 0 HARMAN INTL INDS INC COM 413086109 333 7183 SH SOLE 704 6479 0 HARMONIC INC COM 413160102 365 42600 SH SOLE 3270 39330 0 HARRIS CORP COM 413875105 660 14579 SH SOLE 1340 13239 0 HARSCO CORP COM 415864107 217 7655 SH SOLE 5240 2415 0 HARTFORD FINANCIAL SERVICES GR COM 416515104 1618 61066 SH SOLE 20970 40096 0 HASBRO INC COM 418056107 1023 21687 SH SOLE 8260 13427 0 HAVERTY FURNITURE COS INC COM 419596101 153 11800 SH SOLE 5160 6640 0 HCP INC COM 40414L109 1135 30856 SH SOLE 3200 27656 0 HDFC BANK LTD ADR REPS 3 SHS COM 40415F101 1414 8464 SH SOLE 1700 6764 0 HEADWATERS INC COM 42210P102 154 33730 SH SOLE 12310 21420 0 HEALTH CARE REIT INC COM 42217K106 656 13778 SH SOLE 1470 12308 0 HEALTH NET INC COM 42222G108 280 10250 SH SOLE 8030 2220 0 HEALTHCARE RLTY TR COM 421946104 590 27890 SH SOLE 2440 25450 0 HEALTHCARE SVCS GROUP INC COM 421906108 2071 127279 SH SOLE 77382 49897 0 HEALTHSPRING INC COM 42224N101 911 34330 SH SOLE 7040 27290 0 HEALTHWAYS INC COM 422245100 255 22840 SH SOLE 9970 12870 0 HEARTLAND EXPRESS INC COM 422347104 380 23726 SH SOLE 2863 20863 0 HEARTLAND PMT SYS INC COM 42235N108 243 15750 SH SOLE 2130 13620 0 HEIDRICK & STRUGGLES INTL INC COM 422819102 215 7520 SH SOLE 950 6570 0 HEINZ H J CO COM 423074103 2037 41194 SH SOLE 4690 36504 0 HELEN OF TROY CORP COM G4388N106 410 13770 SH SOLE 2590 11180 0 HELMERICH & PAYNE INC COM 423452101 565 11648 SH SOLE 1150 10498 0 HERSHEY FOODS CORP COM 427866108 1023 21692 SH SOLE 2710 18982 0 HESS CORP COM 42809H107 2369 30947 SH SOLE 4190 26757 0 HEWLETT PACKARD CO COM 428236103 17519 416140 SH SOLE 21640 394500 0 HIBBETT SPORTS INC COM 428567101 632 17140 SH SOLE 3760 13380 0 HILL ROM HOLDINGS INC COM 431475102 207 5250 SH SOLE 2640 2610 0 HILLENBRAND INC COM 431571108 671 32230 SH SOLE 3700 28530 0 HITACHI LTD ADR COM 433578507 1345 25218 SH SOLE 7260 17958 0 HITTITE MICROWAVE CORP COM 43365Y104 832 13630 SH SOLE 2020 11610 0 HI-TECH PHARMACAL INC COM 42840B101 368 14750 SH SOLE 9770 4980 0 HMS HLDGS CORP COM 40425J101 1046 16150 SH SOLE 3140 13010 0 HOLLY CORP PAR $0.01 COM 435758305 861 21130 SH SOLE 2840 18290 0 HOLOGIC INC COM 436440101 263 13962 SH SOLE 11610 2352 0 HOME DEPOT INC COM 437076102 9176 261715 SH SOLE 14940 246775 0 HOME PPTYS INC COM 437306103 999 18010 SH SOLE 1560 16450 0 HONDA MOTOR CO LTD COM 438128308 3604 91241 SH SOLE 25260 65981 0 HONEYWELL INTL INC COM 438516106 6753 127037 SH SOLE 7840 119197 0 HORACE MANN EDUCATORS CP COM 440327104 361 20000 SH SOLE 5700 14300 0 HORMEL FOODS CORP COM 440452100 821 16018 SH SOLE 1620 14398 0 HORNBECK OFFSHORE SVCS INC COM 440543106 281 13470 SH SOLE 4180 9290 0 HOSPIRA INC COM 441060100 1481 26598 SH SOLE 7550 19048 0 HOSPITALITY PROPERTIES TRUST COM 44106M102 209 9062 SH SOLE 7010 2052 0 HOST HOTELS & RESORTS INC COM 44107P104 1138 63675 SH SOLE 7123 56552 0 HOT TOPIC INC COM 441339108 191 30340 SH SOLE 14920 15420 0 HSBC HLDGS PLC ADR SPON COM 404280406 10137 198610 SH SOLE 53630 144980 0 HSN INC COM 404303109 722 23554 SH SOLE 5010 18544 0 HUB GROUP INC CL A COM 443320106 590 16780 SH SOLE 1470 15310 0 HUBBELL INC CL B COM 443510201 2791 46420 SH SOLE 36630 9790 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 14 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- HUDSON CITY BANCORP INC COM 443683107 4645 364624 SH SOLE 160660 203964 0 HUMANA INC COM 444859102 1340 24483 SH SOLE 8650 15833 0 HUNT J B TRANSPORT SERVICES IN COM 445658107 252 6180 SH SOLE 3890 2290 0 HUNTINGTON BANCSHARES INC COM 446150104 454 66139 SH SOLE 10320 55819 0 HUTCHINSON TECHNOLOGY INC COM 448407106 94 25290 SH SOLE 17020 8270 0 I B M COM 459200101 30828 210058 SH SOLE 26503 183555 0 I C U MED INC COM 44930G107 222 6070 SH SOLE 660 5410 0 I T T EDUCATIONAL SERVICES INC COM 45068B109 203 3195 SH SOLE 2235 960 0 I T T INDS INC IND COM 450911102 1073 20584 SH SOLE 2010 18574 0 IAMGOLD CORP COM COM 450913108 353 19850 SH SOLE 5720 14130 0 ICICI BK LTD ADR COM 45104G104 1537 30356 SH SOLE 5480 24876 0 ICONIX BRAND GROUP INC COM 451055107 868 44940 SH SOLE 10590 34350 0 IDEX CORP COM 45167R104 208 5305 SH SOLE 3390 1915 0 IDEXX LABORATORIES CORP COM 45168D104 436 6300 SH SOLE 3920 2380 0 IGATE CORP COM COM 45169U105 341 17320 SH SOLE 3700 13620 0 II-VI INC COM 902104108 679 14650 SH SOLE 2510 12140 0 ILLINOIS TOOL WORKS INC COM 452308109 4499 84247 SH SOLE 4710 79537 0 IMPERIAL OIL LTD COM 453038408 976 24094 SH SOLE 6970 17124 0 INDEPENDENT BK CORP MASS COM 453836108 234 8660 SH SOLE 900 7760 0 INFINITY PPTY & CAS CORP COM 45665Q103 366 5920 SH SOLE 1050 4870 0 INFORMATICA CORP COM 45666Q102 410 9310 SH SOLE 7130 2180 0 INFOSPACE INC COM PAR $.0001 COM 45678T300 138 16630 SH SOLE 4060 12570 0 INFOSYS TECHNOLOGIES LTD ADR S COM 456788108 3456 45423 SH SOLE 10100 35323 0 ING GROEP N V ADR SPONSORED COM 456837103 1986 202823 SH SOLE 53440 149383 0 ING GROEP NV 6.125% PREFERRED STOCKS 456837509 1140 56292 SH SOLE 0 56292 0 INGERSOLL-RAND PLC COM G47791101 1566 33250 SH SOLE 7620 25630 0 INGRAM MICRO INC CL A COM 457153104 308 16140 SH SOLE 13160 2980 0 INLAND REAL ESTATE CORP COM 457461200 287 32610 SH SOLE 4470 28140 0 INSIGHT ENTERPRISES INC COM 45765U103 337 25580 SH SOLE 9080 16500 0 INSITUFORM TECHNOLOGIES INC CL COM 457667103 416 15700 SH SOLE 1560 14140 0 INTEGRA LIFESCIENCES HLDG CO COM 457985208 627 13260 SH SOLE 3020 10240 0 INTEGRYS ENERGY GROUP INC COM 45822P105 683 14077 SH SOLE 4798 9279 0 INTEL CORP COM 458140100 20127 957054 SH SOLE 140770 816284 0 INTERACTIVE BROKERS GROUP INCO COM 45841N107 336 18870 SH SOLE 3760 15110 0 INTERACTIVE INTELLIGENCE INC COM 45839M103 347 13270 SH SOLE 6970 6300 0 INTERCONTINENTAL HOTELS COM 45857P301 219 11119 SH SOLE 3100 8019 0 INTERCONTINENTALEXCHANGE INC COM 45865V100 1289 10815 SH SOLE 3480 7335 0 INTERFACE INC CL A COM 458665106 458 29240 SH SOLE 2480 26760 0 INTERMEC INC COM 458786100 244 19280 SH SOLE 1950 17330 0 INTERNATIONAL GAME TECH COM 459902102 397 22469 SH SOLE 0 22469 0 INTERNATIONAL PAPER CO COM 460146103 1419 52088 SH SOLE 11690 40398 0 INTERPUBLIC GROUP COS INC COM 460690100 759 71474 SH SOLE 22950 48524 0 INTERVAL LEISURE GROUP INC COM 46113M108 475 29414 SH SOLE 9950 19464 0 INTEVAC INC COM 461148108 145 10320 SH SOLE 1300 9020 0 INTL FLAVORS & FRAGRANCES COM 459506101 789 14192 SH SOLE 4090 10102 0 INTREPID POTASH INC COM 46121Y102 214 5750 SH SOLE 4840 910 0 INTUIT INC COM 461202103 1974 40032 SH SOLE 9080 30952 0 INTUITIVE SURGICAL INC COM 46120E602 1628 6317 SH SOLE 2061 4256 0 INVACARE CORP COM 461203101 471 15610 SH SOLE 3320 12290 0 INVESCO LTD COM G491BT108 2488 103392 SH SOLE 5060 98332 0 INVESTMENT TECHNOLOGY GROUP COM 46145F105 359 21950 SH SOLE 6120 15830 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 15 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ION GEOPHYSICAL CORP COM 462044108 580 68350 SH SOLE 6100 62250 0 IPC THE HOSPITALIST CO INC COM COM 44984A105 493 12630 SH SOLE 4610 8020 0 IRON MTN INC PA COM 462846106 531 21250 SH SOLE 2110 19140 0 ITAU UNIBANCO BANCO BRASILEIRO COM 465562106 6647 276861 SH SOLE 61937 214924 0 J CREW GROUP INC COM 46612H402 269 6230 SH SOLE 4860 1370 0 J D A SOFTWARE GROUP INC COM 46612K108 698 24912 SH SOLE 4410 20502 0 J P MORGAN CHASE 7.000% 02/15/ PREFERRED STOCKS 46623D200 1482 58570 SH SOLE 0 58570 0 J P MORGAN CHASE & CO COM 46625H100 16631 392067 SH SOLE 40154 351913 0 J & J SNACK FOODS CORP COM 466032109 326 6760 SH SOLE 570 6190 0 J2 GLOBAL COMMUNICATONS INC COM 46626E205 746 25780 SH SOLE 4470 21310 0 JABIL CIRCUIT INC COM 466313103 763 37991 SH SOLE 20150 17841 0 JACK IN THE BOX INC COM 466367109 498 23570 SH SOLE 4310 19260 0 JACOBS ENGINEERING GROUP INC COM 469814107 789 17217 SH SOLE 5510 11707 0 JAKKS PACIFIC INC COM 47012E106 243 13330 SH SOLE 1760 11570 0 JANUS CAP GROUP INC COM 47102X105 240 18530 SH SOLE 2600 15930 0 JDS UNIPHASE CORP COM 46612J507 653 45063 SH SOLE 23970 21093 0 JETBLUE AWYS CORP COM 477143101 112 17002 SH SOLE 15540 1462 0 JO ANN STORES COM 47758P307 996 16535 SH SOLE 3710 12825 0 JOHN BEAN TECHNOLOGIES CORP CO COM 477839104 277 13785 SH SOLE 1485 12300 0 JOHNSON CONTROLS INC COM 478366107 3977 104097 SH SOLE 6240 97857 0 JOHNSON & JOHNSON COM 478160104 16522 267123 SH SOLE 0 267123 0 JONES LANG LASALLE INC COM 48020Q107 313 3730 SH SOLE 2570 1160 0 JOS A BANK CLOTHIERS INC COM 480838101 748 18545 SH SOLE 5203 13342 0 JOY GLOBAL INC COM 481165108 818 9435 SH SOLE 6360 3075 0 JUNIPER NETWORKS INC COM 48203R104 2679 72553 SH SOLE 17070 55483 0 KAISER ALUMINUM CORP PAR $0.01 COM 483007704 357 7120 SH SOLE 1470 5650 0 KAMAN CORP CL A COM 483548103 1684 57925 SH SOLE 39090 18835 0 KANSAS CITY SOUTHN INDS INC COM 485170302 314 6568 SH SOLE 4320 2248 0 KAPSTONE PAPER & PACKAGING CCO COM 48562P103 433 28320 SH SOLE 10140 18180 0 KAYDON CORP COM 486587108 621 15240 SH SOLE 1460 13780 0 KB FINANCIAL GROUP INC SPONSOR COM 48241A105 2658 50250 SH SOLE 10850 39400 0 KBR INC COM 48242W106 357 11730 SH SOLE 8900 2830 0 KELLOGG CO COM 487836108 2220 43466 SH SOLE 4040 39426 0 KELLY SERVICES INC CL A COM 488152208 268 14230 SH SOLE 4130 10100 0 KENDLE INTERNATIONAL INC COM 48880L107 253 23250 SH SOLE 17700 5550 0 KENNAMETAL INC COM 489170100 208 5260 SH SOLE 3340 1920 0 KEYCORP COM 493267108 748 84491 SH SOLE 10390 74101 0 KID BRANDS, INC. COM COM 49375T100 191 22350 SH SOLE 12550 9800 0 KILROY RLTY CORP COM 49427F108 877 24040 SH SOLE 2210 21830 0 KIMBERLY CLARK CORP COM 494368103 4479 71046 SH SOLE 20330 50716 0 KIMCO RLTY CORP COM 49446R109 714 39597 SH SOLE 5330 34267 0 KINDRED HEALTHCARE INC COM 494580103 231 12570 SH SOLE 12230 340 0 KINETIC CONCEPTS INC COM 49460W208 279 6670 SH SOLE 4850 1820 0 KINROSS GOLD CORP NO PAR COM 496902404 865 45642 SH SOLE 12820 32822 0 KIRKLANDS INC COM COM 497498105 234 16670 SH SOLE 9520 7150 0 KITE RLTY GROUP TR COM 49803T102 178 32840 SH SOLE 11960 20880 0 KLA-TENCOR CORP COM 482480100 684 17700 SH SOLE 1670 16030 0 KNIGHT TRANSN INC COM 499064103 536 28227 SH SOLE 3000 25227 0 KNOT INC COM 499184109 137 13820 SH SOLE 1980 11840 0 KOHLS CORP COM 500255104 1814 33384 SH SOLE 3070 30314 0 KOPIN CORP COM 500600101 260 62460 SH SOLE 33100 29360 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 16 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- KOREA ELEC PWR CO SPONSORED AD COM 500631106 1086 80398 SH SOLE 19670 60728 0 KRAFT FOODS INC CL A COM 50075N104 5830 185034 SH SOLE 18100 166934 0 KROGER CO COM 501044101 1883 84206 SH SOLE 19500 64706 0 KUBOTA LTD ADR COM 501173207 539 11311 SH SOLE 3000 8311 0 KULICKE & SOFFA INDS INC COM 501242101 364 50500 SH SOLE 17630 32870 0 KYOCERA CORP ADR COM 501556203 1211 11854 SH SOLE 3600 8254 0 K-SWISS INC CL A COM 482686102 142 11390 SH SOLE 1720 9670 0 L S I LOGIC CORP COM 502161102 358 59783 SH SOLE 6630 53153 0 LA Z BOY INC COM 505336107 291 32270 SH SOLE 13550 18720 0 LABORATORY CORP AMER HLDGS COM 50540R409 1431 16280 SH SOLE 4570 11710 0 LABRANCHE & CO INC COM 505447102 73 20380 SH SOLE 5960 14420 0 LACLEDE GROUP INC COM 505597104 2613 71515 SH SOLE 50490 21025 0 LAM RESEARCH CORP COM 512807108 458 8841 SH SOLE 5190 3651 0 LAN AIRLINES S A SPONSORED ADR COM 501723100 488 15847 SH SOLE 5350 10497 0 LANDAUER INC COM 51476K103 299 4980 SH SOLE 270 4710 0 LASALLE HOTEL PPTYS SH BEN INT COM 517942108 848 32140 SH SOLE 2980 29160 0 LAUDER ESTEE COS INC CL A COM 518439104 1469 18206 SH SOLE 5000 13206 0 LCA-VISION INC PAR $.001 COM 501803308 59 10190 SH SOLE 2330 7860 0 LEGG MASON INC COM 524901105 707 19486 SH SOLE 5390 14096 0 LEGGETT & PLATT INC COM 524660107 405 17809 SH SOLE 2030 15779 0 LENDER PROCESSING SVCS INC COM COM 52602E102 290 9813 SH SOLE 7030 2783 0 LENNAR CORP COM 526057104 293 15641 SH SOLE 1710 13931 0 LEUCADIA NATIONAL CORP COM 527288104 557 19088 SH SOLE 1950 17138 0 LEXINGTON CORPORATE PPTYS COM 529043101 414 52093 SH SOLE 7285 44808 0 LEXMARK INTL INC CL A COM 529771107 278 7985 SH SOLE 1070 6915 0 LG DISPLAY CO LTD SPONS ADR RE COM 50186V102 548 30858 SH SOLE 3820 27038 0 LIBERTY PPTY TR SH BEN INT COM 531172104 222 6970 SH SOLE 4800 2170 0 LIFE TECHNOLOGIES CORP COM COM 53217V109 2175 39189 SH SOLE 0 39189 0 LIFE TIME FITNESS INC COM 53217R207 228 5560 SH SOLE 5220 340 0 LILLY, ELI & COMPANY COM 532457108 6164 175900 SH SOLE 57640 118260 0 LIMITED INC COM 532716107 1258 40929 SH SOLE 13030 27899 0 LINCARE HOLDINGS INC COM 532791100 313 11669 SH SOLE 7980 3689 0 LINCOLN NATIONAL CORP COM 534187109 1123 40396 SH SOLE 12956 27440 0 LINDSAY MANUFACTURING CO COM 535555106 401 6740 SH SOLE 540 6200 0 LINEAR TECHNOLOGY CORP COM 535678106 2422 70023 SH SOLE 36830 33193 0 LIQUIDITY SERVICES INC COM COM 53635B107 206 14670 SH SOLE 6930 7740 0 LITHIA MTRS INC CL A COM 536797103 232 16230 SH SOLE 8280 7950 0 LITTELFUSE INC COM 537008104 595 12640 SH SOLE 1990 10650 0 LIVE NATION INC COM 538034109 727 63699 SH SOLE 10872 52827 0 LIZ CLAIBORNE INC COM 539320101 305 42590 SH SOLE 5080 37510 0 LKQ CORP COM 501889208 339 14900 SH SOLE 11780 3120 0 LLOYDS TSB GROUP ADR SPON COM 539439109 2416 587833 SH SOLE 155285 432548 0 LOCKHEED MARTIN CORP COM 539830109 2614 37388 SH SOLE 14650 22738 0 LOEWS CORP COM 540424108 1240 31869 SH SOLE 0 31869 0 LOGMEIN INC COM COM 54142L109 323 7280 SH SOLE 500 6780 0 LORILLARD INC COM COM 544147101 657 8009 SH SOLE 0 8009 0 LOWES COS INC COM 548661107 4520 180204 SH SOLE 16780 163424 0 LTC PPTYS INC COM 502175102 320 11380 SH SOLE 1020 10360 0 LUBRIZOL CORP COM 549271104 621 5810 SH SOLE 3600 2210 0 LUFKIN INDS INC COM 549764108 885 14180 SH SOLE 1160 13020 0 LUMBER LIQUIDATORS HOLDINGS IN COM 55003T107 461 18510 SH SOLE 7470 11040 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 17 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- LUXOTTICA GROUP S P A ADR SPON COM 55068R202 332 10858 SH SOLE 2790 8068 0 LYDALL INC COM 550819106 120 14860 SH SOLE 8550 6310 0 L-3 COMMUNICATIONS HOLDINGS IN COM 502424104 1806 25623 SH SOLE 4740 20883 0 M D U RESOURCES GROUP INC COM 552690109 269 13285 SH SOLE 7730 5555 0 M & T BANK CORP COM 55261F104 998 11469 SH SOLE 1140 10329 0 MACERICH CO COM 554382101 448 9466 SH SOLE 7045 2421 0 MACYS INC COM 55616P104 1099 43451 SH SOLE 4412 39039 0 MADDEN STEVEN LTD COM 556269108 628 15055 SH SOLE 3830 11225 0 MAGELLAN HEALTH SVCS INC COM 559079207 808 17100 SH SOLE 1930 15170 0 MAGNA INTL INC CL A COM 559222401 510 9806 SH SOLE 2490 7316 0 MAIDENFORM BRANDS INC COM 560305104 376 15830 SH SOLE 4730 11100 0 MANHATTAN ASSOCS INC COM 562750109 357 11690 SH SOLE 1090 10600 0 MANPOWER INC WIS COM 56418H100 395 6286 SH SOLE 4670 1616 0 MANULIFE FINL CORP COM 56501R106 1663 96812 SH SOLE 24710 72102 0 MARATHON OIL CORP COM 565849106 3115 84116 SH SOLE 15450 68666 0 MARCUS CORP COM 566330106 147 11110 SH SOLE 2920 8190 0 MARINEMAX INC COM 567908108 189 20200 SH SOLE 11910 8290 0 MARRIOTT INTL INC NEW CL A COM 571903202 1350 32495 SH SOLE 4404 28091 0 MARSH & MCLENNAN COS INC COM 571748102 1656 60554 SH SOLE 5410 55144 0 MARSHALL & ISLEY CORP COM 571837103 336 48556 SH SOLE 6189 42367 0 MARTEK BIOSCIENCES CORP COM 572901106 439 14040 SH SOLE 1750 12290 0 MARTIN MARIETTA MATERIALS INC COM 573284106 350 3797 SH SOLE 1840 1957 0 MARVELL TECHNOLOGY GROUP ORD COM G5876H105 204 11000 SH SOLE 0 11000 0 MASCO CORP COM 574599106 598 47263 SH SOLE 12760 34503 0 MASSEY ENERGY CORP COM 576206106 952 17737 SH SOLE 8760 8977 0 MASTERCARD INC COM 57636Q104 2826 12608 SH SOLE 2391 10217 0 MATRIX SVC CO COM 576853105 181 14850 SH SOLE 5530 9320 0 MATTEL INC COM 577081102 3914 153894 SH SOLE 93970 59924 0 MAXIMUS INC COM 577933104 706 10760 SH SOLE 2350 8410 0 MCAFEE INC COM 579064106 1143 24675 SH SOLE 8360 16315 0 MCCORMICK & CO INC COM 579780206 1253 26923 SH SOLE 2240 24683 0 MCDONALDS CORP COM 580135101 14143 184249 SH SOLE 40990 143259 0 MCGRAW-HILL COMPANIES INC COM 580645109 1436 39446 SH SOLE 3460 35986 0 MCKESSON H B O C INC COM 58155Q103 2526 35888 SH SOLE 8730 27158 0 MEAD JOHNSON NUTRITION CO COM COM 582839106 1392 22366 SH SOLE 2590 19776 0 MEADWESTVACO CORPORATION COM 583334107 629 24047 SH SOLE 9290 14757 0 MEDCO HEALTH SOLUTIONS INC COM 58405U102 5596 91340 SH SOLE 9700 81640 0 MEDICAL PPTYS TRUST INC COM 58463J304 570 52590 SH SOLE 6830 45760 0 MEDICIS PHARMACEUTICAL CORP CL COM 584690309 228 8500 SH SOLE 7990 510 0 MEDIFAST INC COM 58470H101 409 14150 SH SOLE 7660 6490 0 MEDTRONIC INC COM 585055106 6259 168747 SH SOLE 11570 157177 0 MEMC ELECTR MATLS INC COM 552715104 255 22688 SH SOLE 2520 20168 0 MENS WEARHOUSE INC COM 587118100 626 25080 SH SOLE 2440 22640 0 MERCK & COMPANY COM 58933Y105 10143 281451 SH SOLE 0 281451 0 MERCURY COMPUTER SYSTEMS INC COM 589378108 333 18120 SH SOLE 6730 11390 0 MERCURY GEN CORP COM 589400100 239 5560 SH SOLE 2450 3110 0 MERIDIAN BIOSCIENCE INC COM 589584101 1269 54781 SH SOLE 29430 25351 0 MERIT MED SYS INC COM 589889104 218 13790 SH SOLE 1300 12490 0 MERITAGE CORP COM 59001A102 301 13580 SH SOLE 1600 11980 0 METHODE ELECTRS INC CL A COM 591520200 199 15310 SH SOLE 1950 13360 0 METLIFE INC COM 59156R108 3982 89614 SH SOLE 12590 77024 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 18 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- METROPCS COMMUNICATIONS INC COM 591708102 597 47263 SH SOLE 22570 24693 0 METTLER-TOLEDO INTL INC COM 592688105 393 2598 SH SOLE 1540 1058 0 MICREL INC COM 594793101 320 24660 SH SOLE 2500 22160 0 MICROCHIP TECHNOLOGY INC COM 595017104 793 23169 SH SOLE 2230 20939 0 MICRON TECHNOLOGY INC COM 595112103 2007 250310 SH SOLE 64660 185650 0 MICROS SYSTEMS INC COM 594901100 323 7360 SH SOLE 4950 2410 0 MICROSEMI CORP COM 595137100 862 37660 SH SOLE 3280 34380 0 MICROSOFT CORP COM 594918104 31040 1112134 SH SOLE 146880 965254 0 MICROSTRATEGY INC CL A COM 594972408 488 5710 SH SOLE 1450 4260 0 MID-AMER APT CMNTYS INC COM 59522J103 1022 16100 SH SOLE 1350 14750 0 MITSUBISHI UFJ FINL GROUP INSP COM 606822104 4079 753976 SH SOLE 234620 519356 0 MITSUI & CO LTD ADR COM 606827202 1715 5233 SH SOLE 1473 3760 0 MIZUHO FINL GROUP INC SPONSORE COM 60687Y109 1840 490602 SH SOLE 179350 311252 0 MKS INSTRS INC COM 55306N104 554 22630 SH SOLE 2280 20350 0 MOBILE MINI INC COM 60740F105 329 16710 SH SOLE 1420 15290 0 MOBILE TELESYSTEMS OJSC ADR SP COM 607409109 698 33462 SH SOLE 4775 28687 0 MOHAWK INDS INC COM 608190104 247 4360 SH SOLE 3150 1210 0 MOLEX INC COM 608554101 331 14567 SH SOLE 1360 13207 0 MOLINA HEALTHCARE INC COM 60855R100 331 11890 SH SOLE 5420 6470 0 MOLSON COORS BREWING COMPANY COM 60871R209 541 10785 SH SOLE 0 10785 0 MONOLITHIC PWR SYS INC COM 609839105 370 22390 SH SOLE 5590 16800 0 MONRO MUFFLER BRAKE INC COM 610236101 650 18780 SH SOLE 4395 14385 0 MONSANTO CO COM 61166W101 4013 57621 SH SOLE 5030 52591 0 MONSTER WORLDWIDE INC COM 611742107 303 12836 SH SOLE 1190 11646 0 MOODYS CORP COM 615369105 618 23270 SH SOLE 2280 20990 0 MOOG INC CL A COM 615394202 754 18935 SH SOLE 2140 16795 0 MORGAN STANLEY DEAN WITTER & C COM 617446448 4114 151195 SH SOLE 19260 131935 0 MOSAIC COMPANY/THE COM 61945A107 286 3740 SH SOLE 0 3740 0 MOTOROLA INC COM 620076109 2088 230205 SH SOLE 22060 208145 0 MSC INDL DIRECT INC CL A COM 553530106 203 3140 SH SOLE 1910 1230 0 MSCI INC CL A COM 55354G100 367 9423 SH SOLE 6500 2923 0 MTS SYS CORP COM 553777103 276 7360 SH SOLE 650 6710 0 MUELLER INDS INC COM 624756102 504 15420 SH SOLE 1600 13820 0 MURPHY OIL CORP COM 626717102 1706 22882 SH SOLE 1960 20922 0 MWI VETERINARY SUPPLY INC COM 55402X105 570 9020 SH SOLE 2970 6050 0 MYERS INDS INC COM 628464109 170 17468 SH SOLE 5340 12128 0 MYLAN LABS INC COM 628530107 1340 63411 SH SOLE 26430 36981 0 N C R CORP COM 62886E108 189 12300 SH SOLE 7480 4820 0 N T T DOCOMO INC COM 62942M201 1879 107842 SH SOLE 34240 73602 0 N V R INC COM 62944T105 268 388 SH SOLE 197 191 0 NABORS INDUSTRIES LTD COM G6359F103 696 29681 SH SOLE 2900 26781 0 NARA BANCORP INC COM 63080P105 144 14570 SH SOLE 1910 12660 0 NASDAQ STOCK MARKET INC COM 631103108 524 22070 SH SOLE 9410 12660 0 NASH FINCH CO COM 631158102 316 7440 SH SOLE 2870 4570 0 NATIONAL BK GREECE S A SPONSOR COM 633643408 202 120246 SH SOLE 29506 90740 0 NATIONAL FINL PARTNERS CORP COM 63607P208 273 20360 SH SOLE 2260 18100 0 NATIONAL FUEL & GAS CO COM 636180101 395 6020 SH SOLE 3380 2640 0 NATIONAL GRID PLC SPON ADR COM 636274300 2525 56904 SH SOLE 18000 38904 0 NATIONAL PENN BANCSHARES INC COM 637138108 450 56010 SH SOLE 7720 48290 0 NATIONAL PRESTO INDS INC COM 637215104 337 2595 SH SOLE 1050 1545 0 NATIONAL RETAIL PROPERTIES INC COM 637417106 1044 39380 SH SOLE 3800 35580 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 19 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- NATIONAL SEMICONDUCTOR CORP COM 637640103 370 26892 SH SOLE 3150 23742 0 NATIONAL-OILWELL INC COM 637071101 6301 93691 SH SOLE 10516 83175 0 NATIONWIDE HEALTH PPTYS INC COM 638620104 265 7280 SH SOLE 5170 2110 0 NATUS MEDICAL INC DEL COM 639050103 205 14450 SH SOLE 1910 12540 0 NAVIGANT CONSULTING INC COM 63935N107 95 10350 SH SOLE 9990 360 0 NAVIGATORS GROUP INC COM 638904102 310 6160 SH SOLE 1270 4890 0 NBT BANCORP INC COM 628778102 329 13620 SH SOLE 1270 12350 0 NEOGEN CORP COM 640491106 616 15020 SH SOLE 4225 10795 0 NETAPP INC COM 64110D104 4995 90880 SH SOLE 14850 76030 0 NETFLIX COM INC COM 64110L106 947 5390 SH SOLE 3950 1440 0 NETGEAR INC COM 64111Q104 699 20740 SH SOLE 3750 16990 0 NETSCOUT SYS INC COM COM 64115T104 582 25310 SH SOLE 8810 16500 0 NETWORK EQUIPMENT TECHNOLOGIES COM 641208103 60 12950 SH SOLE 920 12030 0 NEUTRAL TANDEM INC COM COM 64128B108 337 23310 SH SOLE 7370 15940 0 NEW JERSEY RESOURCES CORP COM 646025106 773 17925 SH SOLE 1860 16065 0 NEW YORK COMMUNITY BANCORP INC COM 649445103 469 24893 SH SOLE 17090 7803 0 NEWELL RUBBERMAID INC COM 651229106 559 30736 SH SOLE 4140 26596 0 NEWFIELD EXPLORATION CO COM 651290108 318 4416 SH SOLE 1070 3346 0 NEWMARKET CORP COM 651587107 216 1750 SH SOLE 1660 90 0 NEWMONT MINING CORP COM 651639106 5293 86166 SH SOLE 9310 76856 0 NEWPORT CORP COM 651824104 291 16700 SH SOLE 1250 15450 0 NEWS CORP CL A COM 65248E104 3063 210404 SH SOLE 0 210404 0 NEXEN INC COM 65334H102 633 27650 SH SOLE 6260 21390 0 NEXTERA ENERGY INC COM COM 65339F101 3727 71686 SH SOLE 5010 66676 0 NICOR INC COM 654086107 274 5480 SH SOLE 2760 2720 0 NIDEC CORP SPONSORED ADR COM 654090109 611 24270 SH SOLE 8450 15820 0 NIKE INC CL B COM 654106103 8328 97497 SH SOLE 4750 92747 0 NIPPON TELEG & TEL CORP ADR SP COM 654624105 2699 117657 SH SOLE 37390 80267 0 NISOURCE INC COM 65473P105 927 52594 SH SOLE 20580 32014 0 NOBLE ENERGY INC COM 655044105 1497 17385 SH SOLE 1510 15875 0 NOKIA CORP ADR SPONSORED COM 654902204 2107 204131 SH SOLE 55050 149081 0 NOMURA HLDGS INC SPONSORED ADR COM 65535H208 1141 178842 SH SOLE 51550 127292 0 NORDSTROM INC COM 655664100 1234 29117 SH SOLE 11830 17287 0 NORFOLK SOUTHERN CORP COM 655844108 2431 38690 SH SOLE 3580 35110 0 NORTHEAST UTILITIES COM 664397106 820 25716 SH SOLE 6180 19536 0 NORTHERN TRUST CORP COM 665859104 1507 27205 SH SOLE 2400 24805 0 NORTHROP GRUMMAN CORP COM 666807102 3796 58596 SH SOLE 32590 26006 0 NORTHWEST NATURAL GAS CO COM 667655104 593 12770 SH SOLE 1160 11610 0 NORTHWESTERN CORP COM 668074305 448 15530 SH SOLE 2250 13280 0 NOVARTIS AG SPONSORED ADR COM 66987V109 2752 46680 SH SOLE 0 46680 0 NOVATEL WIRELESS INC COM 66987M604 295 30850 SH SOLE 15940 14910 0 NOVELL INC COM 670006105 209 35330 SH SOLE 4510 30820 0 NOVELLUS SYSTEMS INC COM 670008101 337 10436 SH SOLE 1060 9376 0 NOVO-NORDISK A S ADR COM 670100205 828 7357 SH SOLE 0 7357 0 NRG ENERGY INC COM 629377508 902 46185 SH SOLE 25670 20515 0 NSTAR COM 67019E107 301 7130 SH SOLE 4600 2530 0 NTELOS HLDGS CORP COM 67020Q107 277 14540 SH SOLE 1980 12560 0 NUCOR CORP COM 670346105 1527 34856 SH SOLE 2790 32066 0 NUTRI SYS INC COM 67069D108 282 13400 SH SOLE 1520 11880 0 NV ENERGY INC COM COM 67073Y106 231 16442 SH SOLE 13010 3432 0 NVIDIA CORP COM 67066G104 940 61040 SH SOLE 5825 55215 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 20 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- NYSE EURONEXT COM 629491101 920 30684 SH SOLE 6360 24324 0 O CHARLEYS INC COM 670823103 168 23340 SH SOLE 16810 6530 0 O G E ENERGY CORP COM 670837103 315 6910 SH SOLE 4510 2400 0 O M GROUP INC COM 670872100 577 14980 SH SOLE 1450 13530 0 OCCIDENTAL PETROLEUM CORP COM 674599105 9446 96289 SH SOLE 7542 88747 0 OCEANEERING INTL INC COM 675232102 1422 19310 SH SOLE 3820 15490 0 OFFICE DEPOT INC COM 676220106 178 33016 SH SOLE 11140 21876 0 OFFICEMAX INC COM 67622P101 653 36870 SH SOLE 6390 30480 0 OIL STS INTL INC COM 678026105 1786 27870 SH SOLE 3130 24740 0 OLD DOMINION FGHT LINES INC COM 679580100 629 19649 SH SOLE 1827 17822 0 OLD NATL BANCORP IND COM 680033107 405 34030 SH SOLE 3340 30690 0 OLD REPUBLIC INTL CORP COM 680223104 257 18870 SH SOLE 14320 4550 0 OMEGA HEALTHCARE INVS INC COM COM 681936100 1970 87806 SH SOLE 70590 17216 0 OMNICARE INC COM 681904108 361 14200 SH SOLE 10660 3540 0 OMNICELL INC COM 68213N109 213 14760 SH SOLE 1350 13410 0 OMNICOM GROUP COM 681919106 2620 57197 SH SOLE 3360 53837 0 ON ASSIGNMENT INC COM 682159108 160 19590 SH SOLE 6780 12810 0 ONEOK INC COM 682680103 882 15909 SH SOLE 4780 11129 0 OPLINK COMMUNICATIONS INC COM 68375Q403 292 15830 SH SOLE 6340 9490 0 OPTIONSXPRESS HLDGS INC COM 684010101 353 22530 SH SOLE 2300 20230 0 ORACLE SYSTEMS CORP COM 68389X105 17401 555949 SH SOLE 46411 509538 0 ORBITAL SCIENCES CORP COM 685564106 473 27630 SH SOLE 3040 24590 0 ORION MARINE GROUP INC COM COM 68628V308 234 20210 SH SOLE 7470 12740 0 ORIX CORP ADR SPONSORED COM 686330101 617 12683 SH SOLE 3250 9433 0 OSHKOSH TRUCK CORP COM 688239201 227 6440 SH SOLE 4050 2390 0 OSI SYSTEMS INC COM 671044105 439 12070 SH SOLE 3070 9000 0 OWENS ILLINOIS INC COM 690768403 515 16761 SH SOLE 1490 15271 0 OWENS & MINOR INC COM 690732102 221 7505 SH SOLE 5745 1760 0 O'REILLY AUTOMOTIVE INC NEW CO COM 67103H107 1382 22870 SH SOLE 8860 14010 0 P F CHANGS CHINA BISTRO INC COM 69333Y108 721 14880 SH SOLE 3790 11090 0 P G&E CORP COM 69331C108 1957 40898 SH SOLE 4100 36798 0 P N C FINANCIAL CORP COM 693475105 3298 54323 SH SOLE 7224 47099 0 P N M RES INC COM 69349H107 154 11860 SH SOLE 11220 640 0 P P G INDS INC COM 693506107 1595 18975 SH SOLE 2050 16925 0 P P L CORP COM 69351T106 1059 40217 SH SOLE 5000 35217 0 P S S WORLD MEDICAL INC COM 69366A100 600 26560 SH SOLE 2400 24160 0 P T TELEKOMUNIKASI INDONESIASP COM 715684106 748 20973 SH SOLE 5020 15953 0 PACCAR INC COM 693718108 2346 40921 SH SOLE 3345 37576 0 PALL CORP COM 696429307 641 12936 SH SOLE 920 12016 0 PANASONIC CORP ADR COM 69832A205 1539 109142 SH SOLE 31290 77852 0 PANERA BREAD CO CL A COM 69840W108 355 3510 SH SOLE 2530 980 0 PAPA JOHNS INTL INC COM 698813102 281 10130 SH SOLE 1660 8470 0 PAR PHARMACEUTICAL COMPANIES I COM 69888P106 916 23790 SH SOLE 6710 17080 0 PAREXEL INTL CORP COM 699462107 736 34650 SH SOLE 7130 27520 0 PARK ELECTROCHEMICAL CORP COM 700416209 281 9370 SH SOLE 970 8400 0 PARKER HANNIFIN CORP COM 701094104 2634 30526 SH SOLE 1375 29151 0 PATTERSON COS INC COM 703395103 715 23333 SH SOLE 8780 14553 0 PAYCHEX INC COM 704326107 2270 73447 SH SOLE 4290 69157 0 PEABODY ENERGY CORP COM 704549104 2015 31487 SH SOLE 6260 25227 0 PEARSON PLC ADR SPONSORED COM 705015105 3445 216778 SH SOLE 147350 69428 0 PEETS COFFEE & TEA INC COM 705560100 382 9150 SH SOLE 2930 6220 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 21 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- PENFORD CORP COM 707051108 108 17690 SH SOLE 13320 4370 0 PENN VIRGINIA CORP COM 707882106 342 20320 SH SOLE 2490 17830 0 PENN WEST ENERGY TR UNIT COM 707885109 571 23874 SH SOLE 6090 17784 0 PENNEY J C INC COM 708160106 968 29945 SH SOLE 8280 21665 0 PENNSYLVANIA REAL ESTATE INV S COM 709102107 374 25740 SH SOLE 2720 23020 0 PENTAIR INC COM 709631105 275 7540 SH SOLE 4100 3440 0 PEOPLES UNITED FINANCIAL COM 712704105 639 45591 SH SOLE 6930 38661 0 PEP BOYS MANNY MOE & JACK COM 713278109 351 26150 SH SOLE 8100 18050 0 PEPCO HLDGS INC COM 713291102 880 48235 SH SOLE 22000 26235 0 PEPSICO INC COM 713448108 21179 324178 SH SOLE 16051 308127 0 PERFICIENT INC COM 71375U101 301 24060 SH SOLE 10240 13820 0 PERICOM SEMICONDUCTOR CORP COM 713831105 132 12060 SH SOLE 1870 10190 0 PERKINELMER INC COM 714046109 428 16587 SH SOLE 2290 14297 0 PERRIGO CO COM 714290103 532 8400 SH SOLE 5020 3380 0 PETMED EXPRESS INC COM 716382106 271 15190 SH SOLE 4460 10730 0 PETROBRAS BRASILEIRO ADR SPONS COM 71654V408 4477 118325 SH SOLE 21350 96975 0 PETROBRAS BRASILEIRO SPONSORED COM 71654V101 8517 249259 SH SOLE 54540 194719 0 PETROCHINA CO LTD SPONSORED AD COM 71646E100 3579 27217 SH SOLE 6380 20837 0 PETROLEUM DEV CORP COM 716578109 459 10860 SH SOLE 980 9880 0 PETROQUEST ENERGY INC COM 716748108 207 27500 SH SOLE 3140 24360 0 PETSMART INC COM 716768106 413 10370 SH SOLE 7130 3240 0 PFIZER INC COM 717081103 10210 583116 SH SOLE 0 583116 0 PHARMACEUTICAL PRODUCT DEVELOP COM 717124101 273 10060 SH SOLE 5920 4140 0 PHARMACEUTICALS INC COM 495582108 334 23758 SH SOLE 0 23758 0 PHARMERICA CORP COM 71714F104 283 24692 SH SOLE 13260 11432 0 PHILIP MORRIS INTL INC COM 718172109 12707 217099 SH SOLE 0 217099 0 PHILIPS ELECTRONICS - NY SHR COM 500472303 1932 62947 SH SOLE 18550 44397 0 PHILLIPS VAN HEUSEN CORP COM 718592108 386 6120 SH SOLE 4520 1600 0 PIEDMONT NATURAL GAS INC COM 720186105 908 32480 SH SOLE 3120 29360 0 PINNACLE ENTMT INC COM 723456109 185 13180 SH SOLE 0 13180 0 PINNACLE FINL PARTNERS INC COM 72346Q104 225 16570 SH SOLE 4390 12180 0 PINNACLE WEST CAPTIAL CORP COM 723484101 537 12962 SH SOLE 1920 11042 0 PIONEER DRILLING CO COM 723655106 214 24310 SH SOLE 3690 20620 0 PIONEER NATURAL RESOURCES CO COM 723787107 1371 15796 SH SOLE 5210 10586 0 PIPER JAFFRAY COS COM 724078100 331 9460 SH SOLE 3060 6400 0 PITNEY BOWES INC COM 724479100 2804 115961 SH SOLE 75270 40691 0 PLAINS EXPLORATION & PROD COCO COM 726505100 282 8767 SH SOLE 6250 2517 0 PLEXUS CORP COM 729132100 591 19100 SH SOLE 1710 17390 0 PLUM CREEK TIMBER CO INC COM 729251108 694 18528 SH SOLE 1510 17018 0 POLARIS INDS INC COM 731068102 261 3350 SH SOLE 2510 840 0 POLO RALPH LAUREN CORP CL A ST COM 731572103 1029 9275 SH SOLE 3230 6045 0 POLYCOM INC COM 73172K104 313 8020 SH SOLE 5820 2200 0 POLYONE CORP COM 73179P106 555 44450 SH SOLE 4480 39970 0 POOL CORP COM 73278L105 473 20975 SH SOLE 2590 18385 0 PORTFOLIO RECOVERY ASSOCS IN COM 73640Q105 782 10400 SH SOLE 2170 8230 0 PORTUGAL TELCM SGPS SA SPONSOR COM 737273102 656 57264 SH SOLE 17130 40134 0 POSCO SPONSORED ADR COM 693483109 3945 36633 SH SOLE 8260 28373 0 POST PPTYS INC COM 737464107 817 22520 SH SOLE 2180 20340 0 POTASH CORP SASK INC COM 73755L107 2573 16615 SH SOLE 4550 12065 0 POWER INTEGRATIONS INC COM 739276103 684 17040 SH SOLE 3750 13290 0 PRAXAIR INC COM 74005P104 4921 51547 SH SOLE 3470 48077 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 22 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- PRE PAID LEGAL SERVICES INC COM 740065107 381 6330 SH SOLE 1540 4790 0 PRECISION CASTPARTS CORP COM 740189105 5152 37006 SH SOLE 2190 34816 0 PRESIDENTIAL LIFE CORP COM 740884101 151 15170 SH SOLE 6970 8200 0 PRICELINE COM INC COM 741503403 2832 7087 SH SOLE 2168 4919 0 PRIDE INTERNATIONAL INC COM 74153Q102 372 11270 SH SOLE 7340 3930 0 PRINCIPAL FINL GROUP INC COM 74251V102 1207 37061 SH SOLE 8760 28301 0 PRIVATEBANCORP INC COM 742962103 364 25340 SH SOLE 4110 21230 0 PROASSURANCE CORP COM 74267C106 787 12990 SH SOLE 1380 11610 0 PROCTER & GAMBLE COM 742718109 22762 353829 SH SOLE 26851 326978 0 PROGRESS ENERGY COM 743263105 3173 72987 SH SOLE 38430 34557 0 PROGRESS SOFTWARE CORP COM 743312100 943 22230 SH SOLE 1720 20510 0 PROGRESSIVE CORP OHIO COM 743315103 1401 70500 SH SOLE 7470 63030 0 PROLOGIS COM 743410102 682 47259 SH SOLE 6010 41249 0 PROTECTIVE LIFE CORP COM 743674103 235 8810 SH SOLE 7070 1740 0 PROVIDENT FINL SVCS INC COM 74386T105 305 20180 SH SOLE 1230 18950 0 PRUDENTIAL FINANCIAL 9.000% 06 PREFERRED STOCKS 744320508 1227 44632 SH SOLE 0 44632 0 PRUDENTIAL FINL INC COM 744320102 3038 51751 SH SOLE 9795 41956 0 PRUDENTIAL PLC ADR COM 74435K204 1538 73747 SH SOLE 20690 53057 0 PS BUSINESS PKS INC CALIF COM 69360J107 489 8770 SH SOLE 750 8020 0 PUBLIC SERVICE ENTERPRISES COM 744573106 1767 55537 SH SOLE 5236 50301 0 PUBLIC STORAGE 6.450% SERIES F PREFERRED STOCKS 74460D380 1449 59755 SH SOLE 0 59755 0 PUBLIC STORAGE INC COM 74460D109 3465 34169 SH SOLE 16077 18092 0 PULSE ELECTRONICS CORP COM COM 74586W106 106 19980 SH SOLE 3420 16560 0 PULTE CORP COM 745867101 229 30500 SH SOLE 3115 27385 0 QEP RES INC COM COM 74733V100 861 23702 SH SOLE 5800 17902 0 QIAGEN N V COM N72482107 794 40623 SH SOLE 15920 24703 0 QLOGIC CORP COM 747277101 392 23028 SH SOLE 10270 12758 0 QUAKER CHEMICAL CORP COM 747316107 316 7590 SH SOLE 1950 5640 0 QUALCOMM INC COM 747525103 9152 184932 SH SOLE 15060 169872 0 QUALITY SYS INC COM 747582104 841 12040 SH SOLE 2790 9250 0 QUANEX BUILDING PRODUCTS CORCO COM 747619104 295 15532 SH SOLE 1905 13627 0 QUANTA SERVICES INC COM 74762E102 502 25220 SH SOLE 7430 17790 0 QUEST DIAGNOSTICS INC COM 74834L100 1052 19498 SH SOLE 2490 17008 0 QUESTAR CORP COM 748356102 281 16130 SH SOLE 10800 5330 0 QUIKSILVER INC COM 74838C106 331 65300 SH SOLE 19970 45330 0 QWEST COMMUNICATIONS INTL INC COM 749121109 1231 161769 SH SOLE 22550 139219 0 R F MICRO DEVICES INC COM 749941100 127 17340 SH SOLE 15750 1590 0 R L I CORP ILL COM 749607107 384 7310 SH SOLE 650 6660 0 R P M INC OHIO COM 749685103 212 9590 SH SOLE 5940 3650 0 R T I INTL METALS INC COM 74973W107 368 13640 SH SOLE 1260 12380 0 RACKSPACE HOSTING INC COM COM 750086100 336 10710 SH SOLE 10070 640 0 RADIANT SYSTEMS INC COM 75025N102 450 23000 SH SOLE 7590 15410 0 RADIOSHACK CORP COM 750438103 366 19818 SH SOLE 9060 10758 0 RADISYS CORP COM 750459109 93 10440 SH SOLE 900 9540 0 RALCORP HOLDINGS INC COM 751028101 289 4440 SH SOLE 3130 1310 0 RANGE RES CORP COM 75281A109 772 17170 SH SOLE 1250 15920 0 RAYONIER INC COM 754907103 336 6390 SH SOLE 3280 3110 0 RAYTHEON CO COM 755111507 5087 109771 SH SOLE 28560 81211 0 RC2 CORP COM 749388104 220 10100 SH SOLE 1010 9090 0 REALTY INCOME CORP COM 756109104 214 6250 SH SOLE 4520 1730 0 RED HAT INC COM 756577102 1608 35229 SH SOLE 15980 19249 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 23 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- RED ROBIN GOURMET BURGERS IN COM 75689M101 247 11520 SH SOLE 5770 5750 0 REED ELSEVIER N V SPONS ADR COM 758204200 652 26221 SH SOLE 7973 18248 0 REED ELSEVIER P L C SPONS ADR COM 758205207 828 24660 SH SOLE 7567 17093 0 REGENCY CTRS CORP COM 758849103 219 5180 SH SOLE 3440 1740 0 REGENERON PHARMACEUTICALS COM 75886F107 1417 43160 SH SOLE 7200 35960 0 REGIONS FINANCIAL CORP COM 7591EP100 935 133616 SH SOLE 30962 102654 0 REHABCARE GROUP INC COM 759148109 222 9380 SH SOLE 5090 4290 0 REINSURANCE GROUP OF AMERICA I COM 759351604 375 6980 SH SOLE 5190 1790 0 RELIANCE STEEL & ALUMINUM CO COM 759509102 282 5520 SH SOLE 4230 1290 0 RENAISSANCERE HOLDINGS 6.600% PREFERRED STOCKS G7498P408 1339 54365 SH SOLE 0 54365 0 REPSOL YPF S A ADR SPONSORED COM 76026T205 1440 51533 SH SOLE 13160 38373 0 REPUBLIC SVCS INC COM 760759100 1112 37240 SH SOLE 3476 33764 0 RESEARCH IN MOTION LTD COM 760975102 4291 73820 SH SOLE 6910 66910 0 RESMED INC COM 761152107 509 14690 SH SOLE 9260 5430 0 REYNOLDS AMERICAN INC COM 761713106 649 19906 SH SOLE 0 19906 0 RIGHTNOW TECHNOLOGIES INC COM 76657R106 425 17940 SH SOLE 6880 11060 0 RIO TINTO PLC ADR SPONSORED COM 767204100 6014 83929 SH SOLE 22912 61017 0 RIVERBED TECHNOLOGY INC COM 768573107 439 12480 SH SOLE 11430 1050 0 ROBBINS & MYERS INC COM 770196103 540 15090 SH SOLE 1490 13600 0 ROBERT HALF INTL INC COM 770323103 527 17216 SH SOLE 1610 15606 0 ROCKWELL AUTOMATION INC COM 773903109 1283 17895 SH SOLE 2940 14955 0 ROCKWELL COLLINS INC COM 774341101 1877 32221 SH SOLE 1360 30861 0 ROFIN SINAR TECHNOLOGIES INC COM 775043102 448 12640 SH SOLE 1090 11550 0 ROGERS COMMUNICATIONS INC CL B COM 775109200 1108 31999 SH SOLE 10020 21979 0 ROGERS CORP COM 775133101 279 7300 SH SOLE 650 6650 0 ROPER INDS INC COM 776696106 2042 26717 SH SOLE 760 25957 0 ROSS STORES INC COM 778296103 1862 29432 SH SOLE 7950 21482 0 ROVI CORP COM COM 779376102 551 8880 SH SOLE 5970 2910 0 ROWAN COMPANIES INC COM 779382100 548 15692 SH SOLE 5400 10292 0 ROYAL BANK SCOTLAND GROUP PLC COM 780097689 501 40625 SH SOLE 9678 30947 0 ROYAL BK CDA MONTREAL QUE COM 780087102 4449 84969 SH SOLE 23590 61379 0 ROYAL DUTCH SHELL PLC SPON ADR COM 780259107 4962 74433 SH SOLE 19420 55013 0 ROYAL DUTCH SHELL PLC SPONS AD COM 780259206 6975 104443 SH SOLE 28740 75703 0 RUBY TUESDAY INC COM 781182100 373 28570 SH SOLE 5580 22990 0 RUDOLPH TECHNOLOGIES INC COM 781270103 121 14670 SH SOLE 2140 12530 0 RUTHS CHRIS STEAK HSE INC COM 783332109 88 19060 SH SOLE 9200 9860 0 RYANAIR HLDGS PLC ADR SPONSORE COM 783513104 463 15053 SH SOLE 4940 10113 0 RYDER SYSTEM INC COM 783549108 500 9507 SH SOLE 4630 4877 0 S E I INVESTMENTS CO COM 784117103 277 11650 SH SOLE 6050 5600 0 S L M CORPORATION COM 78442P106 726 57651 SH SOLE 14470 43181 0 S P X CORP COM 784635104 227 3180 SH SOLE 2120 1060 0 S W S GROUP INC COM 78503N107 194 38340 SH SOLE 28145 10195 0 S & T BANCORP INC COM 783859101 225 9950 SH SOLE 980 8970 0 SAFETY INS GROUP INC COM 78648T100 325 6810 SH SOLE 1220 5590 0 SAFEWAY INC COM 786514208 1185 52700 SH SOLE 13790 38910 0 SAIC INC COM 78390X101 486 30651 SH SOLE 3140 27511 0 SALESFORCE COM INC COM 79466L302 2292 17361 SH SOLE 5590 11771 0 SALIX PHARMACEUTICALS LTD COM 795435106 1513 32220 SH SOLE 4740 27480 0 SANDERSON FARMS INC COM 800013104 359 9170 SH SOLE 1980 7190 0 SANDISK CORP COM 80004C101 3653 73274 SH SOLE 9320 63954 0 SANOFI-AVENTIS ADR COM 80105N105 1313 40733 SH SOLE 0 40733 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 24 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- SAP AG ADR SPON COM 803054204 3026 59784 SH SOLE 17580 42204 0 SARA LEE CORP COM 803111103 1433 81866 SH SOLE 7840 74026 0 SASOL LTD SPONSORED ADR COM 803866300 1812 34821 SH SOLE 7060 27761 0 SAVIENT PHARMACEUTICALS INC COM 80517Q100 366 32850 SH SOLE 2880 29970 0 SCANA CORP COM 80589M102 1289 31760 SH SOLE 16850 14910 0 SCANSOURCE INC COM 806037107 412 12900 SH SOLE 3160 9740 0 SCHEIN HENRY INC COM 806407102 486 7920 SH SOLE 4010 3910 0 SCHLUMBERGER COM 806857108 15410 184547 SH SOLE 12569 171978 0 SCHOOL SPECIALTY INC COM 807863105 271 19450 SH SOLE 13410 6040 0 SCHULMAN A INC COM 808194104 374 16350 SH SOLE 4830 11520 0 SCHWAB CHARLES CORP COM 808513105 1853 108315 SH SOLE 8460 99855 0 SCRIPPS E W CO OHIO CL A COM 811054402 150 14770 SH SOLE 2090 12680 0 SCRIPPS NETWORKS INTERACT INCL COM 811065101 786 15194 SH SOLE 4590 10604 0 SEACOR SMIT INC COM 811904101 1094 10820 SH SOLE 710 10110 0 SEAHAWK DRILLING INC COM COM 81201R107 101 11316 SH SOLE 6222 5094 0 SEALED AIR CORP COM 81211K100 562 22095 SH SOLE 6040 16055 0 SEARS HLDGS CORP COM 812350106 832 11279 SH SOLE 7460 3819 0 SELECT SECTOR SPDR TR SBI INT- COM 81369Y605 6107 382909 SH SOLE 0 382909 0 SELECTIVE INSURANCE GROUP INC COM 816300107 457 25170 SH SOLE 5970 19200 0 SEMPRA ENERGY CORP COM 816851109 1544 29422 SH SOLE 4610 24812 0 SENECA FOODS CORP NEW CL A COM 817070501 246 9130 SH SOLE 5770 3360 0 SENIOR HOUSING PROPERTY TRUST COM 81721M109 1465 66752 SH SOLE 52840 13912 0 SENSIENT TECHNOLOGIES CORP COM 81725T100 2058 56035 SH SOLE 45380 10655 0 SERVICE CORP INTL COM 817565104 134 16280 SH SOLE 11460 4820 0 SFN GROUP INC COM 784153108 291 29790 SH SOLE 11110 18680 0 SHAW COMMUNICATIONS INC CL B C COM 82028K200 2902 135717 SH SOLE 95200 40517 0 SHAW GROUP INC COM 820280105 252 7365 SH SOLE 5330 2035 0 SHERWIN WILLIAMS CO COM 824348106 1666 19894 SH SOLE 1070 18824 0 SHINHAN FINANCIAL GROUP CO LSP COM 824596100 2915 31069 SH SOLE 6920 24149 0 SHIRE PHARMACEUTICALS GROUP AD COM 82481R106 1703 23535 SH SOLE 8240 15295 0 SHUFFLE MASTER INC COM 825549108 137 11960 SH SOLE 0 11960 0 SIEMENS A G SPONSORED ADR COM 826197501 5957 47945 SH SOLE 13450 34495 0 SIGMA ALDRICH CORP COM 826552101 1637 24599 SH SOLE 0 24599 0 SIGMA DESIGNS INC COM 826565103 190 13390 SH SOLE 1820 11570 0 SIGNATURE BK NEW YORK N Y COM 82669G104 1105 22080 SH SOLE 2620 19460 0 SIMON PPTY GROUP INC COM 828806109 3259 32762 SH SOLE 3105 29657 0 SIMPSON MANUFACTURING CO INC COM 829073105 507 16390 SH SOLE 1790 14600 0 SIRIUS XM RADIO INC COM COM 82967N108 64 38960 SH SOLE 0 38960 0 SK TELECOM LTD ADR SPONSORED COM 78440P108 535 28735 SH SOLE 5130 23605 0 SKECHERS U S A INC CL A COM 830566105 303 15140 SH SOLE 2710 12430 0 SKYWEST INC COM 830879102 486 31140 SH SOLE 11030 20110 0 SKYWORKS SOLUTIONS INC COM 83088M102 473 16519 SH SOLE 12630 3889 0 SL GREEN RLTY CORP COM 78440X101 434 6433 SH SOLE 4930 1503 0 SM ENERGY COMPANY COM 78454L100 270 4580 SH SOLE 2700 1880 0 SMITH A O CORP COM 831865209 637 16740 SH SOLE 1455 15285 0 SMITH MICRO SOFTWARE INC COM 832154108 385 24470 SH SOLE 10280 14190 0 SMITH & NEPHEW P L C ADR SPONS COM 83175M205 1211 23037 SH SOLE 7980 15057 0 SMITHFIELD FOODS INC COM 832248108 315 15250 SH SOLE 12480 2770 0 SMUCKER J M CO COM 832696405 1300 19801 SH SOLE 1780 18021 0 SNAP ON TOOLS CORP COM 833034101 441 7790 SH SOLE 500 7290 0 SNYDERS LANCE INC COM COM 833551104 451 19240 SH SOLE 1940 17300 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 25 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- SOCIEDA QUIMICA MIN DE CHILE COM 833635105 393 6723 SH SOLE 1860 4863 0 SOLERA HOLDINGS INC COM 83421A104 344 6710 SH SOLE 4870 1840 0 SONIC AUTOMOTIVE INC CL A COM 83545G102 288 21740 SH SOLE 8200 13540 0 SONIC CORP COM 835451105 280 27715 SH SOLE 3250 24465 0 SONIC SOLUTIONS COM 835460106 426 28380 SH SOLE 5770 22610 0 SONOCO PRODUCTS COM 835495102 236 7010 SH SOLE 4670 2340 0 SONY CORP - ADR COM 835699307 1441 40343 SH SOLE 0 40343 0 SOURCEFIRE INC COM COM 83616T108 577 22250 SH SOLE 8920 13330 0 SOUTH JERSEY INDS INC COM 838518108 763 14450 SH SOLE 1200 13250 0 SOUTHERN CO COM 842587107 5571 145712 SH SOLE 8170 137542 0 SOUTHERN COPPER CORPORATION COM 84265V105 566 11612 SH SOLE 1690 9922 0 SOUTHERN UNION CO COM 844030106 216 8970 SH SOLE 6380 2590 0 SOUTHWEST AIRLINES CO COM 844741108 1124 86625 SH SOLE 11360 75265 0 SOUTHWEST GAS CORP COM 844895102 720 19640 SH SOLE 2610 17030 0 SOUTHWESTERN ENERGY CO COM 845467109 3363 89840 SH SOLE 8800 81040 0 SOVRAN SELF STORAGE INC COM 84610H108 462 12560 SH SOLE 1190 11370 0 SPARTAN MTRS INC COM 846819100 160 26210 SH SOLE 15000 11210 0 SPARTAN STORES INC COM 846822104 254 14990 SH SOLE 6910 8080 0 SPECTRA ENERGY CORP COM 847560109 1894 75803 SH SOLE 8743 67060 0 SPRINT CORP COM 852061100 1568 370795 SH SOLE 108082 262713 0 ST JUDE MEDICAL INC COM 790849103 2102 49159 SH SOLE 10660 38499 0 STAGE STORES INC COM 85254C305 334 19289 SH SOLE 5892 13397 0 STANCORP FINL GROUP INC COM 852891100 218 4840 SH SOLE 3340 1500 0 STANDARD MICROSYSTEMS CORP COM 853626109 294 10190 SH SOLE 940 9250 0 STANDARD MOTOR PRODUCTS INC COM 853666105 185 13540 SH SOLE 6560 6980 0 STANDARD PACIFIC CORP COM 85375C101 300 65180 SH SOLE 30200 34980 0 STANDARD REGISTER CO COM 853887107 52 15310 SH SOLE 10500 4810 0 STANLEY BLACK AND DECKER INC COM 854502101 1160 17354 SH SOLE 1392 15962 0 STAPLES INC COM 855030102 1842 80878 SH SOLE 6455 74423 0 STARBUCKS CORP COM 855244109 4885 152030 SH SOLE 20940 131090 0 STARTEK INC COM 85569C107 196 38720 SH SOLE 34490 4230 0 STARWOOD HOTELS & RESORTS WRLD COM 85590A401 1555 25592 SH SOLE 5710 19882 0 STATE STREET CORP COM 857477103 2279 49183 SH SOLE 4717 44466 0 STATOIL ASA SPONSORED ADR COM 85771P102 1621 68195 SH SOLE 16867 51328 0 STEEL DYNAMICS INC COM 858119100 237 12970 SH SOLE 9660 3310 0 STEIN MART INC COM 858375108 161 17410 SH SOLE 7890 9520 0 STEPAN CHEMICAL CO COM 858586100 294 3860 SH SOLE 700 3160 0 STERICYCLE INC COM 858912108 1133 14002 SH SOLE 4130 9872 0 STERLING BANCORP COM 859158107 117 11160 SH SOLE 2260 8900 0 STERLING BANCSHARES INC COM 858907108 292 41560 SH SOLE 7620 33940 0 STERLITE INDS INDIA LTD ADS COM 859737207 407 24632 SH SOLE 1790 22842 0 STEWARD LARGE CAP ENHANCED IND MUTUAL FUNDS 860324102 227 8774 SH SOLE 0 8774 0 STEWART INFORMATION SVCS COM 860372101 169 14650 SH SOLE 7720 6930 0 STIFEL FINL CORP COM 860630102 1223 19720 SH SOLE 2590 17130 0 STMICROELECTRONICS N V SHS-N Y COM 861012102 323 30908 SH SOLE 6060 24848 0 STONE ENERGY CORP COM 861642106 302 13540 SH SOLE 2110 11430 0 STR HLDGS INC COM COM 78478V100 255 12760 SH SOLE 1730 11030 0 STRATASYS INC COM 862685104 417 12780 SH SOLE 2960 9820 0 STRAYER ED INC COM 863236105 202 1327 SH SOLE 872 455 0 STRYKER CORP COM 863667101 3162 58890 SH SOLE 4530 54360 0 STURM RUGER & CO INC COM 864159108 187 12220 SH SOLE 12030 190 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 26 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- SUMITOMO MITSUI FINL GRP INCSP COM 86562M209 87 12260 SH SOLE 0 12260 0 SUN LIFE FINL INC COM 866796105 1145 38047 SH SOLE 9910 28137 0 SUNCOR ENERGY INC COM 867224107 3361 87771 SH SOLE 23238 64533 0 SUNOCO INC COM 86764P109 756 18758 SH SOLE 7270 11488 0 SUNTRUST BANKS INC COM 867914103 1610 54563 SH SOLE 9730 44833 0 SUPER MICRO COMPUTER INC COM COM 86800U104 119 10350 SH SOLE 750 9600 0 SUPERIOR INDS INTL INC COM 868168105 226 10670 SH SOLE 1220 9450 0 SUPERVALU INC COM 868536103 889 92305 SH SOLE 71380 20925 0 SUSQUEHANNA BANCSHARES INC COM 869099101 586 60529 SH SOLE 15310 45219 0 SWIFT ENERGY CO COM 870738101 751 19170 SH SOLE 1710 17460 0 SYKES ENTERPRISES INC COM 871237103 391 19310 SH SOLE 2120 17190 0 SYMANTEC CORP COM 871503108 1629 97306 SH SOLE 18062 79244 0 SYMMETRICOM INC COM 871543104 151 21270 SH SOLE 3490 17780 0 SYMMETRY MED INC COM 871546206 186 20130 SH SOLE 6630 13500 0 SYNAPTICS INC COM 87157D109 618 21025 SH SOLE 4730 16295 0 SYNCHRONOSS TECHNOLOGIES INC COM 87157B103 507 18970 SH SOLE 7630 11340 0 SYNGENTA AG ADR SPONSORED COM 87160A100 1964 33408 SH SOLE 10080 23328 0 SYNIVERSE HLDGS INC COM 87163F106 237 7690 SH SOLE 7240 450 0 SYNNEX CORP COM 87162W100 412 13190 SH SOLE 4590 8600 0 SYNOPSYS INC COM 871607107 277 10290 SH SOLE 6650 3640 0 SYNOVUS FINANCIAL CORP COM 87161C105 121 45750 SH SOLE 38710 7040 0 SYSCO CORP COM 871829107 6969 237031 SH SOLE 67500 169531 0 T C F FINANCIAL CORP COM 872275102 174 11770 SH SOLE 5390 6380 0 T H Q INC COM 872443403 146 24012 SH SOLE 0 24012 0 T J X COMPANIES INC COM 872540109 5495 123797 SH SOLE 9350 114447 0 T ROWE PRICE GROUP INC COM 74144T108 2094 32452 SH SOLE 2590 29862 0 TAIWAN SEMICONDUCTOR MFG CO AD COM 874039100 10381 827850 SH SOLE 308598 519252 0 TAKE-TWO INTERACTIVE SOFTWARE COM 874054109 229 18700 SH SOLE 0 18700 0 TALEO CORP CL A COM 87424N104 701 25340 SH SOLE 6210 19130 0 TALISMAN ENERGY INC COM 87425E103 1259 56715 SH SOLE 14520 42195 0 TANGER FACTORY OUTLET CTRS COM 875465106 1080 21100 SH SOLE 1620 19480 0 TARGET CORP COM 87612E106 9509 158138 SH SOLE 7010 151128 0 TATA MTRS LTD SPONSORED ADR COM 876568502 580 19770 SH SOLE 2820 16950 0 TECH DATA CORP COM 878237106 250 5680 SH SOLE 4690 990 0 TECK COMINCO LTD CL B COM 878742204 1589 25701 SH SOLE 6783 18918 0 TECO ENERGY INC COM 872375100 476 26718 SH SOLE 4460 22258 0 TEKELEC COM 879101103 319 26760 SH SOLE 2450 24310 0 TELE NORTE LESTE PART S A SPON COM 879246106 238 16201 SH SOLE 4120 12081 0 TELECOM CORP NEW ZEALAND LTDAD COM 879278208 230 27388 SH SOLE 7788 19600 0 TELECOM ITALIA S P A NEW SPONS COM 87927Y102 726 56131 SH SOLE 15210 40921 0 TELEDYNE TECHNOLOGIES INC COM 879360105 665 15120 SH SOLE 1640 13480 0 TELEFLEX INC COM 879369106 261 4850 SH SOLE 2500 2350 0 TELEFONICA S A ADR SPONSORED COM 879382208 8214 120052 SH SOLE 57180 62872 0 TELEFONOS DE MEXICO S A ADR RE COM 879403780 405 25100 SH SOLE 9410 15690 0 TELEPHONE & DATA SYSEMS INC COM 879433100 292 7980 SH SOLE 5400 2580 0 TELETECH HOLDINGS INC COM 879939106 307 14900 SH SOLE 1690 13210 0 TELLABS INC COM 879664100 264 38955 SH SOLE 4204 34751 0 TELUS CORP NON-VTG SHS COM 87971M202 1075 24679 SH SOLE 7460 17219 0 TENARIS S A SPONSORED ADR COM 88031M109 592 12087 SH SOLE 3100 8987 0 TENET HEALTHCARE CORP COM 88033G100 224 33425 SH SOLE 0 33425 0 TERADATA CORP COM 88076W103 1161 28217 SH SOLE 10270 17947 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 27 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- TERADYNE INC COM 880770102 258 18367 SH SOLE 1870 16497 0 TEREX CORP COM 880779103 203 6550 SH SOLE 4780 1770 0 TESORO PETE CORP COM 881609101 768 41397 SH SOLE 28040 13357 0 TESSERA TECHNOLOGIES INC COM 88164L100 535 24160 SH SOLE 2640 21520 0 TETRA TECH INC COM 88162G103 734 29300 SH SOLE 2980 26320 0 TETRA TECHNOLOGIES INC DEL COM 88162F105 407 34264 SH SOLE 6250 28014 0 TEVA PHARMACEUTICAL INDS LTDAD COM 881624209 1822 34955 SH SOLE 0 34955 0 TEXAS INDS INC COM 882491103 532 11610 SH SOLE 1230 10380 0 TEXAS INSTRUMENTS INC COM 882508104 5877 180845 SH SOLE 11750 169095 0 TEXAS ROADHOUSE INC CL A COM 882681109 677 39440 SH SOLE 13230 26210 0 TEXTRON INC COM 883203101 587 24846 SH SOLE 2940 21906 0 THERMO ELECTRON CORP COM 883556102 2458 44406 SH SOLE 4770 39636 0 THOMSON CORP COM 884903105 3574 95882 SH SOLE 55158 40724 0 TIBCO SOFTWARE INC COM 88632Q103 276 13990 SH SOLE 12990 1000 0 TIDEWATER INC COM 886423102 205 3810 SH SOLE 2760 1050 0 TIFFANY & CO COM 886547108 1228 19725 SH SOLE 6960 12765 0 TIM HORTONS INC COM 88706M103 923 22394 SH SOLE 8280 14114 0 TIME WARNER CABLE INC COM COM 88732J207 2084 31565 SH SOLE 0 31565 0 TIME WARNER INC COM COM 887317303 2956 91899 SH SOLE 0 91899 0 TIMKEN CO COM 887389104 269 5630 SH SOLE 3420 2210 0 TOMPKINS TRUSTCO INC COM 890110109 1837 46922 SH SOLE 34329 12593 0 TORCHMARK CORP COM 891027104 662 11080 SH SOLE 3000 8080 0 TORO CO COM 891092108 982 15928 SH SOLE 1410 14518 0 TORONTO DOMINION BK ONT COM 891160509 4013 54007 SH SOLE 15140 38867 0 TOTAL FINA ELF S A ADR SPONS COM 89151E109 7645 142947 SH SOLE 67090 75857 0 TOTAL SYS SVCS INC COM 891906109 376 24475 SH SOLE 4121 20354 0 TOWER GROUP INC COM 891777104 526 20560 SH SOLE 2370 18190 0 TOYOTA MTR CORP ADR 1 SH COM 892331307 5978 76031 SH SOLE 20570 55461 0 TRACTOR SUPPLY CO COM 892356106 341 7026 SH SOLE 5290 1736 0 TRADESTATION GROUP INC COM 89267P105 112 16650 SH SOLE 3900 12750 0 TRANSALTA CORP COM 89346D107 833 39273 SH SOLE 15670 23603 0 TRANSATLANTIC HLDGS INC COM 893521104 337 6520 SH SOLE 4470 2050 0 TRANSCANADA CORP COM 89353D107 4470 117501 SH SOLE 66360 51141 0 TRANSDIGM GROUP INC COM 893641100 215 2990 SH SOLE 0 2990 0 TRANSOCEAN LTD ZUG NAMEN AKT COM H8817H100 2146 30879 SH SOLE 0 30879 0 TRAVELERS COMPANIES INC COM 89417E109 3097 55591 SH SOLE 8470 47121 0 TREEHOUSE FOODS INC COM 89469A104 1066 20870 SH SOLE 4010 16860 0 TRIMBLE NAVIGATION LTD COM 896239100 338 8470 SH SOLE 5040 3430 0 TRIQUINT SEMICONDUCTOR INC COM 89674K103 1110 94990 SH SOLE 21520 73470 0 TRIUMPH GROUP INC COM 896818101 893 9990 SH SOLE 1870 8120 0 TRUE RELIGION APPAREL INC COM 89784N104 424 19060 SH SOLE 6790 12270 0 TRUEBLUE INC COM 89785X101 356 19790 SH SOLE 1770 18020 0 TRUSTCO BANK CORP N Y COM 898349105 186 29410 SH SOLE 3990 25420 0 TTM TECHNOLOGIES INC COM 87305R109 462 30960 SH SOLE 10440 20520 0 TUESDAY MORNING CORP COM 899035505 192 36370 SH SOLE 24790 11580 0 TUPPERWARE CORP COM 899896104 313 6570 SH SOLE 4450 2120 0 TW TELECOM INC COM 87311L104 230 13510 SH SOLE 10900 2610 0 TYCO INTERNATIONAL LTD SHS COM H89128104 1905 45964 SH SOLE 4350 41614 0 TYLER TECHNOLOGIES INC COM 902252105 378 18210 SH SOLE 5730 12480 0 TYSON FOODS INC CL A COM 902494103 1007 58460 SH SOLE 30460 28000 0 U G I CORP COM 902681105 313 9900 SH SOLE 5640 4260 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 28 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- U I L HOLDINGS CORP COM 902748102 591 19716 SH SOLE 1900 17816 0 U N U M PROVIDENT CORP COM 91529Y106 1171 48358 SH SOLE 17240 31118 0 U R S CORP COM 903236107 334 8032 SH SOLE 6450 1582 0 U S BANCORP COM 902973304 5141 190636 SH SOLE 17520 173116 0 UBS AG COM H89231338 3471 210751 SH SOLE 56773 153978 0 UDR INC COM 902653104 218 9288 SH SOLE 7181 2107 0 ULTRA PETROLEUM CORP COM COM 903914109 1466 30680 SH SOLE 0 30680 0 ULTRATECH STEPPER INC COM 904034105 217 10900 SH SOLE 800 10100 0 UMB FINL CORP COM 902788108 587 14160 SH SOLE 1360 12800 0 UMPQUA HLDGS CORP COM 904214103 571 46840 SH SOLE 6210 40630 0 UNDER ARMOUR INC CL A COM 904311107 225 4110 SH SOLE 3830 280 0 UNIFIRST CORP MASS COM 904708104 385 6990 SH SOLE 620 6370 0 UNILEVER N V COM 904784709 5846 186177 SH SOLE 91870 94307 0 UNILEVER PLC ADR SPON NEW COM 904767704 3043 98554 SH SOLE 33134 65420 0 UNION PACIFIC CORP COM 907818108 9028 97436 SH SOLE 4840 92596 0 UNISOURCE ENERGY CORP COM 909205106 545 15220 SH SOLE 1530 13690 0 UNITED BANKSHARES INC W VA COM 909907107 458 15700 SH SOLE 1590 14110 0 UNITED CMNTY BKS BLAIRSVLE GCA COM 90984P105 109 55675 SH SOLE 26060 29615 0 UNITED FIRE & CAS CO COM 910331107 235 10510 SH SOLE 2530 7980 0 UNITED MICROELECTRONICS CORP S COM 910873405 403 127547 SH SOLE 22009 105538 0 UNITED NATURAL FOODS INC COM 911163103 830 22640 SH SOLE 2220 20420 0 UNITED ONLINE INC COM 911268100 269 40800 SH SOLE 11120 29680 0 UNITED PARCEL SERVICE INC CL B COM 911312106 9611 132419 SH SOLE 9130 123289 0 UNITED STATES STEEL CORP COM 912909108 802 13734 SH SOLE 1330 12404 0 UNITED STATIONERS INC COM 913004107 706 11060 SH SOLE 2130 8930 0 UNITED TECHNOLOGIES CORP COM 913017109 12421 157787 SH SOLE 8760 149027 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 382 6050 SH SOLE 4150 1900 0 UNITEDHEALTH GROUP INC COM 91324P102 7693 213057 SH SOLE 17274 195783 0 UNIVERSAL ELECTRS INC COM 913483103 288 10150 SH SOLE 2850 7300 0 UNIVERSAL FOREST PRODUCTS INC COM 913543104 434 11150 SH SOLE 3170 7980 0 UNIVERSAL TECHNICAL INST INC COM 913915104 285 12940 SH SOLE 2940 10000 0 URBAN OUTFITTERS INC COM 917047102 856 23902 SH SOLE 11380 12522 0 URSTADT BIDDLE PPTYS INS C L A COM 917286205 199 10210 SH SOLE 1190 9020 0 USA MOBILITY INC COM 90341G103 184 10380 SH SOLE 1190 9190 0 USB CAPITAL VI 5.750% 03/09/35 PREFERRED STOCKS 903304202 1561 62915 SH SOLE 0 62915 0 V F CORP COM 918204108 2853 33107 SH SOLE 13210 19897 0 VALE S A ADR COM 91912E105 3301 95497 SH SOLE 18840 76657 0 VALE S A REPSTG PFD COM 91912E204 8053 266474 SH SOLE 58570 207904 0 VALEANT PHARMACEUTICALS INTL I COM 91911K102 285 10085 SH SOLE 0 10085 0 VALERO ENERGY CORP COM 91913Y100 1863 80597 SH SOLE 28950 51647 0 VALSPAR CORP COM 920355104 273 7910 SH SOLE 4320 3590 0 VARIAN MEDICAL SYSTEMS CORP COM 92220P105 4564 65874 SH SOLE 5190 60684 0 VARIAN SEMICONDUCTOR EQUIPMENT COM 922207105 1307 35355 SH SOLE 3080 32275 0 VEECO INSTRS INC DEL COM 922417100 960 22340 SH SOLE 3170 19170 0 VENTAS INC COM 92276F100 1301 24793 SH SOLE 9450 15343 0 VEOLIA ENVIROMENT SPONSORED AD COM 92334N103 972 33115 SH SOLE 9110 24005 0 VERISIGN INC COM 92343E102 704 21537 SH SOLE 3110 18427 0 VERIZON COMMUNICATIONS COM 92343V104 13344 372944 SH SOLE 27170 345774 0 VERTEX PHARMACEUTICALS INC COM 92532F100 528 15080 SH SOLE 8570 6510 0 VIACOM INC NEW CL B COM 92553P201 2297 57986 SH SOLE 0 57986 0 VIAD CORP COM 92552R406 217 8510 SH SOLE 1000 7510 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 29 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- VIASAT INC COM 92552V100 985 22170 SH SOLE 2690 19480 0 VICOR CORP COM 925815102 249 15170 SH SOLE 5810 9360 0 VIMPELCOM LTD SPONSORED ADR COM 92719A106 198 13197 SH SOLE 740 12457 0 VIROPHARMA INC COM 928241108 757 43710 SH SOLE 6860 36850 0 VISA INC COM CL A COM 92826C839 4225 60033 SH SOLE 9380 50653 0 VODAFONE GROUP INC COM 92857W209 8085 305790 SH SOLE 85733 220057 0 VOLCOM INC COM 92864N101 234 12410 SH SOLE 4270 8140 0 VOLT INFORMATION SCIENCES INC COM 928703107 98 11375 SH SOLE 7045 4330 0 VOLTERRA SEMICONDUCTOR CORP COM 928708106 454 19600 SH SOLE 6980 12620 0 VORNADO RLTY TR COM 929042109 1397 16770 SH SOLE 1845 14925 0 VULCAN MATERIALS CO COM 929160109 545 12292 SH SOLE 963 11329 0 W D 40 CO COM 929236107 320 7950 SH SOLE 770 7180 0 WADDELL & REED FINANCIAL INC C COM 930059100 273 7740 SH SOLE 5530 2210 0 WAL MART STORES INC COM 931142103 17513 324738 SH SOLE 20910 303828 0 WALGREEN COMPANY COM 931422109 5866 150555 SH SOLE 12470 138085 0 WARNACO GROUP INC COM 934390402 220 3990 SH SOLE 3630 360 0 WASHINGTON POST CO CL B COM 939640108 539 1226 SH SOLE 574 652 0 WASTE CONNECTIONS INC COM 941053100 249 9037 SH SOLE 5002 4035 0 WASTE MANAGEMENT INC DEL COM 94106L109 1940 52620 SH SOLE 5980 46640 0 WATERS CORP COM 941848103 1175 15117 SH SOLE 4300 10817 0 WATSON PHARMACEUTICALS INC COM 942683103 1045 20233 SH SOLE 10320 9913 0 WATTS INDS INC CL A COM 942749102 447 12230 SH SOLE 1230 11000 0 WAUSAU-MOSINEE PAPER CORP COM 943315101 242 28120 SH SOLE 9620 18500 0 WEATHERFORD INTERNATIONAL LTD COM H27013103 247 10850 SH SOLE 0 10850 0 WEBSENSE INC COM 947684106 504 24910 SH SOLE 4860 20050 0 WELLPOINT INC COM 94973V107 2741 48208 SH SOLE 10930 37278 0 WELLS FARGO & CO COM 949746101 19097 616227 SH SOLE 47378 568849 0 WENDYS/ARBYS GROUP INC COM 950587105 127 27457 SH SOLE 23700 3757 0 WEST PHARMACEUTICAL SVCS INC COM 955306105 679 16470 SH SOLE 1550 14920 0 WESTAR ENERGY INC COM 95709T100 212 8430 SH SOLE 6080 2350 0 WESTERN DIGITAL CORP COM 958102105 1457 42984 SH SOLE 21000 21984 0 WESTERN UNION CO COM 959802109 1489 80165 SH SOLE 7040 73125 0 WESTPAC BKG CORP ADR SPONSORED COM 961214301 3960 34594 SH SOLE 9420 25174 0 WEYERHAEUSER CO COM 962166104 1263 66735 SH SOLE 10731 56004 0 WHIRLPOOL CORP COM 963320106 1038 11683 SH SOLE 4763 6920 0 WHITNEY HOLDING CORP COM 966612103 1095 77398 SH SOLE 8740 68658 0 WHOLE FOODS MARKET INC COM 966837106 1335 26394 SH SOLE 10120 16274 0 WILLIAMS COS INC COM 969457100 1542 62396 SH SOLE 6030 56366 0 WILLIAMS SONOMA INC COM 969904101 329 9220 SH SOLE 6710 2510 0 WILMINGTON TRUST CORP COM 971807102 210 48290 SH SOLE 28080 20210 0 WILSHIRE BANCORP INC COM 97186T108 89 11720 SH SOLE 5080 6640 0 WINDSTREAM CORP COM 97381W104 750 53807 SH SOLE 7334 46473 0 WINNEBAGO INDS INC COM 974637100 179 11770 SH SOLE 1130 10640 0 WINTRUST FINL CORP COM 97650W108 519 15710 SH SOLE 3460 12250 0 WIPRO LTD SPON ADR 1 SH COM 97651M109 609 39347 SH SOLE 9350 29997 0 WISCONSIN ENERGY CORP COM 976657106 874 14845 SH SOLE 1440 13405 0 WOLVERINE WORLD WIDE INC COM 978097103 746 23395 SH SOLE 1990 21405 0 WORLD ACCEP CORP DEL COM 981419104 595 11260 SH SOLE 3650 7610 0 WORLD FUEL SVCS CORP COM 981475106 1099 30390 SH SOLE 5300 25090 0 WPP PLC COM 92933H101 2868 46288 SH SOLE 29140 17148 0 WRIGHT EXPRESS CORP COM 98233Q105 1066 23180 SH SOLE 4850 18330 0 PORTVUE-SEC13F.LNP CAPSTONE PAGE 30 RUN DATE: 01/11/11 4:02 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- WYNDHAM WORLDWIDE CORP COM 98310W108 964 32165 SH SOLE 14910 17255 0 WYNN RESORTS LTD COM 983134107 647 6228 SH SOLE 0 6228 0 X C E L ENERGY INC COM 98389B100 1271 53960 SH SOLE 8520 45440 0 XCEL ENERGY INC 7.600% 01/01/6 PREFERRED STOCKS 98389B886 1235 45007 SH SOLE 0 45007 0 XEROX CORP COM 984121103 1753 152196 SH SOLE 29125 123071 0 XILINX INC COM 983919101 1047 36145 SH SOLE 6560 29585 0 XL GROUP PLC COM G98290102 992 45457 SH SOLE 15310 30147 0 YAHOO INC COM 984332106 1992 119767 SH SOLE 0 119767 0 YAMANA GOLD INC COM 98462Y100 569 44420 SH SOLE 12530 31890 0 YUM BRANDS INC COM 988498101 8621 175768 SH SOLE 9530 166238 0 ZALE CORP COM 988858106 114 26840 SH SOLE 17560 9280 0 ZIMMER HLDGS INC COM 98956P102 1297 24157 SH SOLE 3050 21107 0 ZIONS BANCORPORATION COM 989701107 392 16176 SH SOLE 1780 14396 0 ZOLL MED CORP COM 989922109 475 12750 SH SOLE 2260 10490 0 ZUMIEZ INC COM 989817101 416 15470 SH SOLE 5520 9950 0 LINE COUNT: 1,494
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