0000915287-11-000008.txt : 20111103
0000915287-11-000008.hdr.sgml : 20111103
20111103131502
ACCESSION NUMBER: 0000915287-11-000008
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20111103
DATE AS OF CHANGE: 20111103
EFFECTIVENESS DATE: 20111103
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: MCKINLEY CAPITAL MANAGEMENT LLC /DELAWARE
CENTRAL INDEX KEY: 0000915287
IRS NUMBER: 920136349
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-03719
FILM NUMBER: 111177028
BUSINESS ADDRESS:
STREET 1: 3301 C ST STE 500
CITY: ANCHORAGE
STATE: AK
ZIP: 99503
BUSINESS PHONE: 907-563-4488
MAIL ADDRESS:
STREET 1: 3301 C STREET SUITE 500
CITY: ANCHORAGE
STATE: AK
ZIP: 99503
FORMER COMPANY:
FORMER CONFORMED NAME: MCKINLEY CAPITAL MANAGEMENT LLC /AK
DATE OF NAME CHANGE: 20090504
FORMER COMPANY:
FORMER CONFORMED NAME: MCKINLEY CAPITAL MANAGEMENT INC /AK
DATE OF NAME CHANGE: 19990226
13F-HR
1
MCM13ffile093011.txt
MCKINLEY CAPITAL 3Q11 13F SUBMISSION
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2011
Check here if Amendment [ ]; Amendment Number: ____
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: MCKINLEY CAPITAL MANAGEMENT, LLC
Address: 3301 C STREET, SUITE 500
ANCHORAGE, AK 99503
13F File Number: 28-4034
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: Deborah A. Lamb
Title: Chief Compliance Officer
Phone: (907) 563 4488
Signature, Place, and Date of Signing:
Deborah A Lamb ANCHORAGE, ALASKA November 2, 2011
Report Type (Check only one.):
[ xxx ] 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
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form-13F Information Table Entry Total: 299
Form-13F Information Table Value Total: $2,425,495
List of Other Included Managers:
NONE
McKinley Capital Management
Form 13F Information Table
FORM 13F INFORMATION TABLE
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 593 8257 SH Sole 8257
8x8 Inc. COM 282914100 3886 957190 SH Sole 46857 910333
Acacia Research Corp. COM 003881307 4141 115049 SH Sole 5636 109413
ACI Worldwide Inc. COM 004498101 2341 85007 SH Sole 4123 80884
Actuate Corp COM 00508B102 1924 348463 SH Sole 16999 331464
Adtran Inc. COM 00738A106 1461 55221 SH Sole 1409 53812
AFC Enterprises Inc. COM 00104Q107 1002 84701 SH Sole 4132 80569
Affiliated Managers Group Inc. COM 008252108 11517 147561 SH Sole 79303 68258
Agilent Technologies Inc. COM 00846U101 542 17332 SH Sole 1519 15813
Akorn Inc. COM 009728106 4622 592536 SH Sole 15134 577402
Alexion Pharmaceuticals Inc. COM 015351109 8521 133014 SH Sole 129353 3661
Alliance Res Partners LP COM 01877R108 2187 33366 SH Sole 852 32514
Altria Group Inc. COM 02209S103 12777 476590 SH Sole 443253 33337
Amarin Corp PLC 023111206 30417 3306233 SH Sole 1466550 1839683
American Express Company COM 025816109 32147 715978 SH Sole 482402 233576
American Water Works Co Inc COM 030420103 19423 643565 SH Sole 333737 309828
Ameristar Casinos Inc. COM 03070Q101 3308 206111 SH Sole 8613 197498
AMETEK Inc. COM 031100100 7794 236390 SH Sole 229989 6401
Amsurg Corp COM 03232P405 3298 146584 SH Sole 4807 141777
Amtrust Financial Services COM 032359309 3808 171085 SH Sole 4381 166704
Ancestry.com Inc. COM 032803108 1785 75957 SH Sole 3706 72251
Anheuser-Busch Inbev SPN ADR 03524A108 1429 26973 SH Sole 23431 3542
Annaly Capital Management Inc. COM 035710409 569 34206 SH Sole 1166 33040
Apache Corp. COM 037411105 4966 61884 SH Sole 329 61555
Apollo Investment Corp. COM 03761U106 305 40585 SH Sole 1378 39207
Apple Inc. COM 037833100 85836 225101 SH Sole 157098 68003
Ares Capital Corp. COM 04010L103 796 57839 SH Sole 1972 55867
Associated Estates Realty Corp COM 045604105 318 20600 SH Sole 20600
AT&T Corp. COM 00206R102 2451 85931 SH Sole 913 85018
Audiocodes Ltd M15342104 891 285477 SH Sole 7325 278152
Autoliv Inc. 052800109 884 18221 SH Sole 17279 942
Avago Technologies Ltd COM Y0486S104 572 17440 SH Sole 1534 15906
Avalonbay Communities Inc. COM 053484101 571 5010 SH Sole 5010
Baidu Inc. - Spon ADR 056752108 54090 505941 SH Sole 231772 274169
Ball Corp. COM 058498106 7962 256673 SH Sole 249925 6748
Bank of Nova Scotia COM 064149107 21824 413952 SH Sole 236002 177950
Bank of Nova Scotia 064149107 1765 33472 SH Sole 29280 4192
Bce Inc. 05534B760 609 16266 SH Sole 557 15709
BE Aerospace Inc. COM 073302101 6581 198773 SH Sole 193499 5274
Belo Corp COM 080555105 995 203521 SH Sole 9929 193592
Berkshire Hathaway Inc. COM 084670702 6239 87830 SH Sole 87830
BHP Billiton Ltd ADR 088606108 2163 32557 SH Sole 29652 2905
Biogen Idec Inc. COM 09062X103 12766 137043 SH Sole 105567 31476
Borgwarner Inc COM 099724106 369 6100 SH Sole 6100
Boston Properties Inc. COM 101121101 657 7370 SH Sole 7370
BreitBurn Energy Partners LP COM 106776107 638 36674 SH Sole 1252 35422
BRF - Brasil Foods SA 10552T107 2284 130310 SH Sole 128890 1420
Bristol-Myers Squibb Co. COM 110122108 10983 350013 SH Sole 233724 116289
British American Tobacco Plc A 110448107 3898 46008 SH Sole 34287 11721
Brookfield Office Properties I COM 112900105 425 29300 SH Sole 29300
Cabot Oil & Gas Corp. COM 127097103 234 3779 SH Sole 330 3449
Caliper Life Sciences Inc. COM 130872104 2044 195185 SH Sole 4994 190191
Calumet Specialty Products Par COM 131476103 765 45139 SH Sole 1540 43599
Canadian National Railway Co. COM 136375102 11545 164852 SH Sole 23242 141610
Canadian Natl Railway Co. 136375102 1717 24516 SH Sole 23242 1274
Capital Senior Living Corp COM 140475104 1044 169258 SH Sole 4313 164945
Cash America International Inc COM 14754D100 442 8644 SH Sole 668 7976
Celanese Corp. - Series A COM 150870103 5821 178946 SH Sole 174197 4749
CenturyLink Inc. COM 156700106 820 24768 SH Sole 842 23926
CF Industries Holdings Inc. COM 125269100 268 2174 SH Sole 162 2012
Cgi Group Inc. 39945C109 1270 67526 SH Sole 64021 3505
Check Point Software M22465104 66003 1251014 SH Sole 418259 832755
Chevron Corp. COM 166764100 15006 162070 SH Sole 105042 57028
Chipotle Mexican Grill - Cl A COM 169656105 17677 58350 SH Sole 31356 26994
Chubb Corp. COM 171232101 5066 84450 SH Sole 84450
Cia Energetica de Minas Gerais 204409601 16296 1098110 SH Sole 641036 457074
Cigna Corp COM 125509109 9224 219945 SH Sole 214151 5794
Clean Harbors Inc. COM 184496107 426 8308 SH Sole 8308
CNH Global NV N20935206 768 29267 SH Sole 27758 1509
CNO Financial Group Inc. COM 12621E103 921 170160 SH Sole 8327 161833
Coach Inc. COM 189754104 8963 172924 SH Sole 168197 4727
Coca Cola Co COM 191216100 48294 714827 SH Sole 471467 243360
Coinstar Inc. COM 19259P300 1442 36043 SH Sole 1616 34427
Complete Production Services COM 20453E109 301 15988 SH Sole 1191 14797
Concho Resources Inc. COM 20605P101 3319 46660 SH Sole 43410 3250
Connecticut Water Service Inc. COM 207797101 515 20603 SH Sole 996 19607
Cooper Companies Inc. COM 216648402 1236 15615 SH Sole 1376 14239
Cooper Industries PLC COM G24140108 565 12260 SH Sole 1065 11195
Core Laboratories N22717107 28012 311835 SH Sole 155604 156231
Cosan Ltd G25343107 1129 119173 SH Sole 101655 17518
Cott Corp. 22163N106 963 141363 SH Sole 6911 134452
Covidien Plc COM G2554F113 29405 666772 SH Sole 441738 225034
CrediCorp. Ltd G2519Y108 36469 395540 SH Sole 150910 244630
Crocs Inc. COM 227046109 17422 735744 SH Sole 334830 400914
Cubic Corp. COM 229669106 1088 27857 SH Sole 1181 26676
Cubist Pharmaceuticals Inc. COM 229678107 2021 57230 SH Sole 2782 54448
Cummins Inc. COM 231021106 8389 102735 SH Sole 92695 10040
CVR Energy Inc. COM 12662P108 4068 192410 SH Sole 9276 183134
Cypress Semiconductor Corp. COM 232806109 507 33889 SH Sole 2964 30925
Danaher Corp. COM 235851102 600 14310 SH Sole 14310
Darling International Inc. COM 237266101 168 13310 SH Sole 13310
DirecTV Group Inc. COM 25490A101 36442 862116 SH Sole 590492 271624
Domino's Pizza COM 25754A201 3382 124115 SH Sole 6057 118058
Dover Corp. COM 260003108 8343 179043 SH Sole 158718 20325
Duke Realty Corp COM 264411505 152 14520 SH Sole 14520
DuPont Fabros Technology Inc. COM 26613Q106 292 14810 SH Sole 14810
Dycom Industries Inc. COM 267475101 942 61592 SH Sole 3015 58577
Eaton Corp. COM 278058102 799 22498 SH Sole 979 21519
EcoLab Inc. COM 278865100 999 20430 SH Sole 20430
Education Realty Trust Inc. COM 28140H104 342 39760 SH Sole 39760
El Paso Corp COM 28336L109 9850 563516 SH Sole 454935 108581
Eli Lilly & Co. COM 532457108 370 10001 SH Sole 344 9657
Elizabeth Arden Inc. COM 28660G106 3503 123176 SH Sole 3146 120030
EMC Corp. COM 268648102 37167 1770695 SH Sole 1173986 596709
Emerson Electric Co. COM 291011104 296 7170 SH Sole 7170
Enbridge Inc. COM 29250N105 125621 3755490 SH Sole 1032550 2722940
Encore Capital Group Inc. COM 292554102 3287 150442 SH Sole 7769 142673
Endo Pharmaceuticals Holdings COM 29264F205 23343 833991 SH Sole 534479 299512
Ensign Group Inc/The COM 29358P101 2419 104680 SH Sole 2680 102000
Enterprise Products Partners L COM 293792107 852 21211 SH Sole 723 20488
Equity Residential COM 29476L107 734 14160 SH Sole 14160
Ev Energy Partner LP COM 26926V107 634 8841 SH Sole 301 8540
Extra Space Storage Inc. COM 30225T102 339 18190 SH Sole 18190
Exxon-Mobil Corp. COM 30231G102 32531 447896 SH Sole 338906 108990
Ezcorp Inc. COM 302301106 2297 80497 SH Sole 3756 76741
FEI Co. COM 30241L109 2686 89641 SH Sole 4364 85277
FMC Corp. COM 302491303 22361 323320 SH Sole 169084 154236
Focus Media Holding ADR 34415V109 11737 697195 SH Sole 300200 396995
Fomento Economico Mexicano SAB 344419106 51324 791800 SH Sole 301600 490200
Franklin Resources Inc. COM 354613101 416 4348 SH Sole 428 3920
Freeport McMoran Copper and Go COM 35671D857 16405 538737 SH Sole 366337 172400
Fresenius Medical Care AG & Co 358029106 2019 29905 SH Sole 26345 3560
Frontier Communications Corp. COM 35906A108 623 101883 SH Sole 3474 98409
General Electric Co. COM 369604103 4713 309650 SH Sole 122650 187000
Genesco Inc. COM 371532102 643 12471 SH Sole 1086 11385
Georgia Gulf Corp. COM 373200302 1707 123448 SH Sole 6003 117445
Goldcorp Inc. 380956409 113967 2497095 SH Sole 747034 1750061
Goodrich Corp. COM 382388106 13249 109789 SH Sole 106881 2908
Google Inc. COM 38259P508 45664 88661 SH Sole 57561 31100
Gordmans Stores Inc. COM 38269P100 770 64309 SH Sole 3140 61169
Graphic Packaging Holding Co COM 388689101 1590 460741 SH Sole 22411 438330
Gulfport Energy Corp. COM 402635304 2270 93866 SH Sole 5015 88851
Hain Celestial Group Inc/The COM 405217100 1091 35716 SH Sole 1749 33967
Halliburton Co. COM 406216101 298 9780 SH Sole 9780
HDFC Bank Ltd ADR 40415f101 2722 93390 SH Sole 78970 14420
Health Care REIT Inc. COM 42217K106 1143 24420 SH Sole 653 23767
Healthspring Inc COM 42224N101 4687 128551 SH Sole 6747 121804
Heico Corp. COM 422806109 1928 39155 SH Sole 1674 37481
Herbalife Ltd COM G4412G101 11384 212396 SH Sole 198929 13467
Hershey Foods COM 427866108 1395 23540 SH Sole 14480 9060
Hexcel Corp. COM 428291108 2035 91819 SH Sole 4514 87305
HFF Inc COM 40418F108 2771 317059 SH Sole 15391 301668
Hindustan Unilever Ltd - PN 125 17980 SH Sole 17980
Hitachi Ltd Sponsored ADR 433578507 1754 35494 SH Sole 30474 5020
Home Properties Inc. COM 437306103 343 6040 SH Sole 6040
Honda Motor Co. Ltd ADR 438128308 1134 38915 SH Sole 32217 6698
Honeywell International Inc. COM 438516106 879 20007 SH Sole 588 19419
Hospitality Properties Trust COM 44106M102 392 18470 SH Sole 18470
Host Hotels & Resorts Inc. COM 44107P104 232 21240 SH Sole 21240
Hyperdynamics Corp COM 448954107 2451 662525 SH Sole 32678 629847
IDACORP Inc. COM 451107106 368 9750 SH Sole 9750
Inergy LP COM 456615103 552 22047 SH Sole 751 21296
Informatica Corp. COM 45666Q102 13553 330975 SH Sole 224938 106037
Innerworkings Inc. COM 45773Y105 1824 232596 SH Sole 12763 219833
Innophos Holdings Inc. COM 45774N108 2450 61444 SH Sole 2990 58454
Intel Corp. COM 458140100 725 33990 SH Sole 1154 32836
Interactive Intelligence Inc. COM 45841V109 749 27655 SH Sole 27655
InterActiveCorp. COM 44919P508 36298 917778 SH Sole 610626 307152
interCLICK Inc. COM 458483203 2011 362396 SH Sole 9236 353160
International Business Machine COM 459200101 71196 407136 SH Sole 272214 134922
Intuit Inc. COM 461202103 24718 521037 SH Sole 271838 249199
IRSA Inversiones y Representac 450047204 759 87187 SH Sole 82668 4519
J2 Global Communications New COM 46626E205 2301 85541 SH Sole 2182 83359
Jazz Pharmaceuticals Inc. COM 472147107 1651 39794 SH Sole 1935 37859
Johnson & Johnson COM 478160104 589 9245 SH Sole 9245
JPMorgan Chase & Co. COM 46625H100 15039 499305 SH Sole 357625 141680
Key Energy Group COM 492914106 227 23883 SH Sole 2093 21790
Keynote Systems Inc. COM 493308100 3512 166201 SH Sole 8104 158097
KKR Financial Holdings LLC COM 48248A306 368 49586 SH Sole 1684 47902
Kraft Foods Inc.-A COM 50075N104 30058 895103 SH Sole 626400 268703
Kronos Worldwide Inc. COM 50105F105 807 50156 SH Sole 2441 47715
Laboratory Corp. of American H COM 50540R409 451 5710 SH Sole 5710
Las Vegas Sands Corp. COM 517834107 6483 169080 SH Sole 164138 4942
Legacy Reserves LP COM 524707304 524 20179 SH Sole 688 19491
Lifepoint Hospitals Inc. COM 53219L109 1640 44773 SH Sole 1890 42883
Limited Inc. COM 532716107 552 14334 SH Sole 1255 13079
Linn Energy LLC COM 536020100 966 27080 SH Sole 924 26156
Lions Gate Entertainment Corp COM 535919203 2318 335957 SH Sole 16252 319705
LSB Industries Inc. COM 502160104 2897 101038 SH Sole 4950 96088
MarketAxess Holdings Inc. COM 57060D108 1700 65353 SH Sole 3204 62149
McDonald's Corp. COM 580135101 18309 208488 SH Sole 161172 47316
McKesson HBOC Inc. COM 58155Q103 413 5687 SH Sole 497 5190
Mead Johnson Nutrition Co. COM 582839106 26349 382813 SH Sole 204214 178599
Medtox Scientific Inc. COM 584977201 638 48707 SH Sole 2370 46337
Melco Crown Entertainment Ltd 585464100 23752 2858199 SH Sole 1059714 1798485
Merge Healthcare Inc. COM 589499102 3836 629897 SH Sole 16003 613894
MFA Financial Inc. COM 55272X102 688 97974 SH Sole 3342 94632
Microsoft Corp. COM 594918104 17195 690830 SH Sole 516832 173998
MID-AMERICA APARTMENT COMM COM 59522J103 359 5960 SH Sole 5960
Motorcar Parts of America Inc. COM 620071100 184 22362 SH Sole 22362
MTS Systems Corp. COM 553777103 1275 41610 SH Sole 2023 39587
MYR Group Inc. - Delaware COM 55405W104 880 49879 SH Sole 2432 47447
National Oilwell Varco COM 637071101 10831 211459 SH Sole 141754 69705
Navigant Consulting Co COM 63935N107 967 104324 SH Sole 2688 101636
New Oriental Education & Techn 647581107 6534 284476 SH Sole 43765 240711
Novartis AG ADR 66987V109 3000 53789 SH Sole 50982 2807
Nvidia Corp. COM 67066G104 252 20159 SH Sole 1767 18392
Ocwen Financial Corp COM 675746309 4015 303923 SH Sole 14760 289163
Odyssey Marine Exploration Inc COM 676118102 1057 429749 SH Sole 21019 408730
Omega Protein Corp COM 68210P107 1457 160502 SH Sole 7836 152666
On Assignment Inc. COM 682159108 1355 191631 SH Sole 9340 182291
ONEOK Partners LP COM 68268N103 880 18882 SH Sole 630 18252
Opnet Technologies Inc. COM 683757108 2383 68264 SH Sole 2884 65380
Oracle Corp. COM 68389X105 50990 1774175 SH Sole 1157768 616407
Pacer International Inc COM 69373H106 895 238628 SH Sole 11636 226992
Par Pharmaceutical Cos Inc. COM 69888P106 1050 39432 SH Sole 1965 37467
Patterson Energy Inc. COM 703481101 231 13303 SH Sole 1174 12129
Pfizer Inc. COM 717081103 4537 256635 SH Sole 256635
Philip Morris International In COM 718172109 51543 826273 SH Sole 562997 263276
Philippine Long Distance Tel C 718252604 1203 24298 SH Sole 23037 1261
Pier 1 Imports COM 720279108 2409 246274 SH Sole 12032 234242
Pioneer Drilling Company COM 723655106 1198 166922 SH Sole 8135 158787
Polaris Industries Inc. COM 731068102 279 5578 SH Sole 488 5090
Polypore International Inc. COM 73179V103 14776 261430 SH Sole 113803 147627
Potash Corp. of Saskatchewan 73755L107 78303 1811738 SH Sole 538760 1272978
Praxair Inc. COM 74005P104 579 6195 SH Sole 6195
Prestige Brands Holdings Inc. COM 74112D101 906 100118 SH Sole 4893 95225
Priceline.com Inc. COM 741503403 7690 17109 SH Sole 16641 468
Procter & Gamble Company COM 742718109 254 4025 SH Sole 4025
ProLogis Inc. COM 74340W103 229 9430 SH Sole 9430
PROS Holdings Inc. COM 74346Y103 903 70028 SH Sole 3429 66599
Prospect Capital Corp COM 74348T102 724 86036 SH Sole 2934 83102
Provident Energy Limited 74386V100 1930 236469 SH Sole 6833 229636
Prudential Financial Inc. COM 744320102 503 10729 SH Sole 938 9791
Public Storage Inc COM 74460D109 432 3880 SH Sole 3880
Qualcomm Inc. COM 747525103 21082 433521 SH Sole 317059 116462
Questcor Pharmaceuticals Inc. COM 74835Y101 1979 72614 SH Sole 3555 69059
Rallis India Ltd - PN 108 30530 SH Sole 30530
Raymond James COM 754730109 343 13229 SH Sole 1037 12192
Reynolds American Inc. COM 761713106 676 18048 SH Sole 618 17430
Rio Tinto Plc ADR 767204100 873 19815 SH Sole 17256 2559
Rockwell Automation Inc. COM 773903109 250 4460 SH Sole 4460
Rockwood Holdings Inc. COM 774415103 6621 196529 SH Sole 191314 5215
Rosetta Resources Inc. COM 777779307 698 20384 SH Sole 521 19863
Ross Stores Inc. COM 778296103 10778 136964 SH Sole 120066 16898
Ruddick Corp COM 781258108 2415 61942 SH Sole 2290 59652
Ryder System Inc. COM 783549108 269 7163 SH Sole 627 6536
Sally Beauty Holdings Inc. COM 79546E104 3902 235044 SH Sole 6006 229038
Schiff Nutrition International COM 806693107 1458 131590 SH Sole 2540 129050
Schlumberger Ltd COM 806857108 6352 106345 SH Sole 102943 3402
SciClone Pharmaceuticals Inc. COM 80862K104 628 164941 SH Sole 4214 160727
Seadrill Ltd G7945E105 932 33868 SH Sole 2115 31753
Select Medical Holdings Corp. COM 81619Q105 1945 291649 SH Sole 14245 277404
Shire Plc ADR 82481R106 1734 18462 SH Sole 15563 2899
Signature Bank/New York NY COM 82669G104 5335 111794 SH Sole 1956 109838
Silicon Motion Technology Corp 82706C108 1136 98249 SH Sole 4813 93436
Simon Property Group Inc. COM 828806109 1281 11650 SH Sole 11650
Sirius XM Radio Inc. COM 82967N108 73 48601 SH Sole 42176 6425
Sl Green Realty Corp. COM 78440X101 365 6280 SH Sole 6280
Solar Capital Ltd COM 83413U100 726 36090 SH Sole 1231 34859
Southern Co COM 842587107 27909 658686 SH Sole 406486 252200
Standard Parking Corp COM 853790103 1025 65558 SH Sole 3292 62266
Stericycle Inc. COM 858912108 413 5120 SH Sole 5120
Stone Energy Corp. COM 861642106 900 55513 SH Sole 1417 54096
Suburban Propane Partners LP COM 864482104 931 20052 SH Sole 683 19369
Sun Communities Inc. COM 866674104 337 9580 SH Sole 9580
Suncor Energy Inc. COM 867224107 29370 1097550 SH Sole 373400 724150
Synergetics USA Inc. COM 87160G107 1645 305166 SH Sole 14900 290266
Targa Resources Partners LP COM 87611X105 668 20326 SH Sole 694 19632
Teck Resources Ltd 878742204 907 31077 SH Sole 29493 1584
Telefonica SA ADR 879382208 605 31636 SH Sole 1079 30557
TELUS Corp 87971M202 1604 34693 SH Sole 29964 4729
Terra Nitrogen Company LP COM 881005201 757 5242 SH Sole 311 4931
The J.M. Smucker Co. COM 832696405 34875 478466 SH Sole 313709 164757
Thermo Fisher Scientific Inc. COM 883556102 22933 452870 SH Sole 258240 194630
Thoratec Corp. COM 885175307 2092 64102 SH Sole 3107 60995
TICC Capital Corporation COM 87244T109 544 66574 SH Sole 2262 64312
Tim Participacoes SA ADR 88706P205 27906 1184475 SH Sole 369180 815295
Time Warner Cable Inc. COM 88732J207 32425 517388 SH Sole 378163 139225
Timken Co COM 887389104 6039 183999 SH Sole 179168 4831
Titan Industries Ltd - PN 124 29100 SH Sole 29100
Torchmark Corp COM 891027104 7820 224312 SH Sole 218839 5473
Towers Watson & Co. COM 891894107 8931 149401 SH Sole 145425 3976
Town Sports International Hold COM 89214A102 526 72402 SH Sole 3613 68789
Unilever NV-NY Shares 904784709 2192 69605 SH Sole 62453 7152
United Healthcare Corp. COM 91324P102 26908 583436 SH Sole 307722 275714
United Technologies Corp. COM 913017109 16022 227711 SH Sole 138929 88782
Universal Health Services - B COM 913903100 6042 177720 SH Sole 166344 11376
US Physical Therapy Inc. COM 90337L108 966 52165 SH Sole 2527 49638
Vale SA ADR 91912E105 44419 1948220 SH Sole 599030 1349190
Value Click Inc. COM 92046N102 3773 242486 SH Sole 11238 231248
Verizon Communications Inc. COM 92343V104 7168 194771 SH Sole 174969 19802
Viacom Inc.-Cl B COM 92553P201 501 12944 SH Sole 1127 11817
Virgin Media Inc. COM 92769L101 2066 84837 SH Sole 84837
Virgin Media Inc. 92769L101 26864 1103256 SH Sole 295702 807554
Viropharma COM 928241108 2782 153947 SH Sole 3930 150017
Visa Inc. - Class A COM 92826C839 13697 159788 SH Sole 127597 32191
Vitamin Shoppe Inc COM 92849E101 2392 63893 SH Sole 3125 60768
VMware Inc. COM 928563402 478 5950 SH Sole 5950
Vornado Realty COM 929042109 203 2720 SH Sole 2720
Waste Connections Inc. COM 941053100 22514 665696 SH Sole 360530 305166
Wet Seal Inc. COM 961840105 2138 477228 SH Sole 23207 454021
Wi-Lan Inc. 928972108 1843 319469 SH Sole 15532 303937
Williams Partners LP COM 96950F104 804 14814 SH Sole 506 14308
Windstream Corp. COM 97381W104 713 61198 SH Sole 2105 59093
Wisconsin Energy Corp. COM 976657106 9755 311760 SH Sole 149760 162000
Wynn Resorts Ltd COM 983134107 332 2887 SH Sole 255 2632
Zagg Inc. COM 98884U108 2813 283596 SH Sole 13897 269699
Zebra Technologies Corp.-CL A COM 989207105 1999 64613 SH Sole 3143 61470