0000915287-12-000004.txt : 20120504
0000915287-12-000004.hdr.sgml : 20120504
20120504162312
ACCESSION NUMBER: 0000915287-12-000004
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120331
FILED AS OF DATE: 20120504
DATE AS OF CHANGE: 20120504
EFFECTIVENESS DATE: 20120504
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: 12814599
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
mcm13ffile033112.txt
MCKINLEY CAPITAL 1Q12 13F
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2012
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 May 4, 2012
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: 310
Form-13F Information Table Value Total: $2,638,639.00
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 653 7317 SH Sole 7317
8x8 Inc. COM 282914100 2427 577776 SH Sole 27246 550530
Abbott Laboratories COM 002824100 1170 19086 SH Sole 1748 17338
Acacia Research Corp. COM 003881307 2008 48111 SH Sole 2277 45834
ACI Worldwide Inc. COM 004498101 3407 84613 SH Sole 3987 80626
Actuate Corp. COM 00508B102 2178 346786 SH Sole 16392 330394
Adobe Systems Inc. COM 00724F101 348 10134 SH Sole 983 9151
Advance Auto Parts Inc. COM 00751Y106 374 4219 SH Sole 407 3812
AFC Enterprises Inc. COM 00104Q107 2109 124339 SH Sole 5855 118484
Affiliated Managers Group Inc. COM 008252108 720 6436 SH Sole 622 5814
Agilent Technologies Inc. COM 00846U101 678 15234 SH Sole 1485 13749
Airgas Inc. COM 009363102 357 4014 SH Sole 388 3626
Akorn Inc. COM 009728106 4404 376413 SH Sole 17899 358514
Alexion Pharmaceuticals Inc. COM 015351109 10910 117490 SH Sole 114053 3437
Alliance Resource Partners LP COM 01877R108 2630 43758 SH Sole 1095 42663
Altria Group Inc. COM 02209S103 13227 428465 SH Sole 393799 34666
American Axle & Manufacturing COM 024061103 1935 165218 SH Sole 7824 157394
American Express Company COM 025816109 44312 765851 SH Sole 504231 261620
American Water Works Co Inc COM 030420103 22147 650820 SH Sole 336324 314496
Ameriprise Financial Inc. COM 03076C106 23841 417315 SH Sole 312028 105287
AMETEK Inc. COM 031100100 10105 208302 SH Sole 202491 5811
Amgen Inc. COM 031162100 352 5183 SH Sole 376 4807
Amsurg Corp. COM 03232P405 4159 148650 SH Sole 6967 141683
Anadarko Petroleum Corp. COM 032511107 33919 432971 SH Sole 285167 147804
Anheuser-Busch Inbev SPN ADR 03524A108 1654 22738 SH Sole 20946 1792
Annaly Capital Management Inc. COM 035710409 627 39658 SH Sole 3500 36158
Apache Corp. COM 037411105 15371 153038 SH Sole 81995 71043
Apple Inc. COM 037833100 123574 206112 SH Sole 137014 69098
Applied Industrial Technologie COM 03820C105 4878 118589 SH Sole 5601 112988
Ares Capital Corp. COM 04010L103 1096 67010 SH Sole 5916 61094
AstraZeneca Plc ADR 046353108 1252 28150 SH Sole 2491 25659
AT&T Corp. COM 00206R102 968 31008 SH Sole 2739 28269
Atmel Corp. COM 049513104 29195 2959434 SH Sole 1886991 1072443
Autoliv Inc. 052800109 1135 16928 SH Sole 15595 1333
Avago Technologies Ltd COM Y0486S104 716 18383 SH Sole 1783 16600
Avalonbay Communities Inc. COM 053484101 676 4780 SH Sole 4780
AZZ Inc. COM 002474104 1466 28381 SH Sole 1340 27041
Baidu Inc. - Spon ADR 056752108 80216 550293 SH Sole 260480 289813
Ball Corp. COM 058498106 9768 227792 SH Sole 221465 6327
Bank of Nova Scotia COM 064149107 6635 118730 SH Sole 26230 92500
Bank of Nova Scotia 064149107 1738 31099 SH Sole 26303 4796
Barclays Plc ADR 06738E204 443 29244 SH Sole 2600 26644
Barrick Gold Corp. 067901108 9248 212700 SH Sole 212700
Bce Inc. 05534B760 756 18868 SH Sole 1668 17200
BE Aerospace Inc. COM 073302101 8864 190739 SH Sole 172224 18515
Beacon Roofing Supply Inc. COM 073685109 4120 159928 SH Sole 7610 152318
Belden Inc. COM 077454106 2629 69356 SH Sole 3293 66063
Belo Corp. COM 080555105 1452 202535 SH Sole 9561 192974
Berkshire Hathaway Inc. COM 084670702 8072 99470 SH Sole 99470
BHP Billiton Ltd ADR 088606108 2295 31694 SH Sole 26849 4845
Biogen Idec Inc. COM 09062X103 14500 115076 SH Sole 93297 21779
Borgwarner Inc COM 099724106 594 7040 SH Sole 7040
Boston Properties Inc. COM 101121101 655 6240 SH Sole 6240
BreitBurn Energy Partners LP COM 106776107 1006 52614 SH Sole 4644 47970
BRF - Brasil Foods SA 10552T107 2608 130310 SH Sole 128890 1420
Brinker International Inc. COM 109641100 1926 69897 SH Sole 2841 67056
Bristol-Myers Squibb Co. COM 110122108 34292 1016045 SH Sole 641029 375016
British American Tobacco Plc A 110448107 4521 44662 SH Sole 31584 13078
Brookfield Office Properties I COM 112900105 382 22000 SH Sole 22000
Buckeye Technologies Inc. COM 118255108 1537 45246 SH Sole 2099 43147
Cabela's Inc. COM 126804301 775 20303 SH Sole 1968 18335
CACI International Inc. COM 127190304 635 10193 SH Sole 987 9206
Calumet Specialty Products Par COM 131476103 1379 52192 SH Sole 4613 47579
Canadian National Railway Co. COM 136375102 13963 176140 SH Sole 20930 155210
Canadian Natl Railway Co. 136375102 1802 22731 SH Sole 20930 1801
Cascade Corp. COM 147195101 1548 30894 SH Sole 1471 29423
CBS Corp. COM 124857202 454 13402 SH Sole 1119 12283
Cedar Fair LP DEP RCPTS REP COM 150185106 990 33466 SH Sole 2881 30585
Celanese Corp. - Series A COM 150870103 7326 158648 SH Sole 154207 4441
CenturyLink Inc. COM 156700106 1107 28640 SH Sole 2528 26112
CF Industries Holdings Inc. COM 125269100 533 2918 SH Sole 254 2664
Cgi Group Inc. 39945C109 1402 62909 SH Sole 57947 4962
Check Point Software M22465104 70137 1098636 SH Sole 428142 670494
Chevron Corp. COM 166764100 20361 189915 SH Sole 121628 68287
Chipotle Mexican Grill - Cl A COM 169656105 17119 40954 SH Sole 21645 19309
Cia Energetica de Minas Gerais 204409601 17256 725658 SH Sole 413638 312020
Cirrus Logic Inc. COM 172755100 3821 160543 SH Sole 7616 152927
Cisco Systems Inc. COM 17275R102 11230 530982 SH Sole 416992 113990
Clean Harbors Inc. COM 184496107 646 9588 SH Sole 9588
CNH Global NV N20935206 1076 27094 SH Sole 24958 2136
Coach Inc. COM 189754104 11845 153277 SH Sole 148847 4430
Coca Cola Co COM 191216100 14744 199221 SH Sole 150688 48533
Coinstar Inc. COM 19259P300 2286 35977 SH Sole 1641 34336
Comcast Corp.-Cl A COM 20030N101 11874 395676 SH Sole 317996 77680
Concho Resources Inc. COM 20605P101 31243 306064 SH Sole 197061 109003
Cooper Companies Inc. COM 216648402 562 6882 SH Sole 773 6109
Cooper Industries PLC COM G24140108 684 10703 SH Sole 1025 9678
Core Laboratories N22717107 27552 209409 SH Sole 98152 111257
Cosan Ltd G25343107 1646 110827 SH Sole 91315 19512
CrediCorp. Ltd G2519Y108 40061 303910 SH Sole 142660 161250
Cummins Inc. COM 231021106 38569 321301 SH Sole 209156 112145
CVR Energy Inc. COM 12662P108 4740 177202 SH Sole 7174 170028
Cypress Semiconductor Corp. COM 232806109 466 29810 SH Sole 2887 26923
Danaher Corp. COM 235851102 969 17310 SH Sole 17310
Darling International Inc. COM 237266101 268 15400 SH Sole 15400
Dean Foods Co. COM 242370104 2503 206696 SH Sole 9754 196942
Devon Energy Corp. COM 25179M103 469 6592 SH Sole 641 5951
Digital Realty Trust Inc. COM 253868103 552 7460 SH Sole 7460
DirecTV Group Inc. COM 25490A101 41493 840970 SH Sole 561474 279496
Domino's Pizza COM 25754A201 4484 123530 SH Sole 5854 117676
Donaldson Co Inc. COM 257651109 326 9120 SH Sole 9120
Douglas Emmett Inc. COM 25960P109 394 17260 SH Sole 17260
Dover Corp. COM 260003108 10279 163318 SH Sole 140517 22801
Dycom Industries Inc. COM 267475101 2929 125385 SH Sole 5881 119504
Eaton Corp. COM 278058102 670 13450 SH Sole 13450
EcoLab Inc. COM 278865100 746 12080 SH Sole 12080
Education Realty Trust Inc. COM 28140H104 399 36820 SH Sole 36820
EMC Corp. COM 268648102 50706 1696998 SH Sole 1115952 581046
Emerson Electric Co. COM 291011104 225 4310 SH Sole 4310
Enbridge Inc. COM 29250N105 112699 2909100 SH Sole 979420 1929680
Endo Pharmaceuticals Holdings COM 29264F205 31580 815380 SH Sole 511301 304079
Energy XXI Ltd COM G10082140 1720 47619 SH Sole 2254 45365
Enterprise Products Partners L COM 293792107 960 19022 SH Sole 1681 17341
EOG Resources Inc. COM 26875P101 470 4233 SH Sole 411 3822
Equity Residential COM 29476L107 349 5570 SH Sole 5570
Ev Energy Partner LP COM 26926V107 712 10235 SH Sole 904 9331
Extra Space Storage Inc. COM 30225T102 415 14430 SH Sole 14430
Exxon-Mobil Corp. COM 30231G102 27152 313064 SH Sole 241853 71211
EZCORP Inc. COM 302301106 2603 80208 SH Sole 3690 76518
Federal Realty Investment Trus COM 313747206 397 4100 SH Sole 4100
FEI Co. COM 30241L109 4382 89228 SH Sole 4229 84999
Fifth Third Bancorp COM 316773100 328 23327 SH Sole 2266 21061
Finish Line Inc. COM 317923100 2243 105702 SH Sole 5000 100702
First Indl Rlty Tr Inc. COM 32054K103 261 21110 SH Sole 21110
First Merchants Corp COM 320817109 1307 105942 SH Sole 5030 100912
FMC Corp. COM 302491303 25744 243186 SH Sole 127052 116134
Fomento Economico Mexicano SAB 344419106 52965 643790 SH Sole 277190 366600
Freeport McMoran Copper and Go COM 35671D857 24212 636494 SH Sole 430686 205808
Fresenius Medical Care AG & Co 358029106 1953 27645 SH Sole 23546 4099
General Electric Co. COM 369604103 20851 1038933 SH Sole 561297 477636
General Growth Properties COM 370023103 263 15480 SH Sole 15480
Genesco Inc. COM 371532102 523 7294 SH Sole 709 6585
Global Cash Access Holdings COM 378967103 1454 186396 SH Sole 8694 177702
Goldcorp Inc. 380956409 91739 2035935 SH Sole 715056 1320879
Google Inc. COM 38259P508 38219 59602 SH Sole 39202 20400
Gordmans Stores Inc. COM 38269P100 1406 63981 SH Sole 3025 60956
GP Strategies Corp COM 36225V104 1319 75357 SH Sole 3567 71790
Halozyme Therapeutics Inc. COM 40637H109 2742 214884 SH Sole 10164 204720
Haynes International Inc. COM 420877201 1511 23852 SH Sole 1134 22718
Health Care REIT Inc. COM 42217K106 1058 19245 SH Sole 1216 18029
Heico Corp. COM 422806109 2010 38968 SH Sole 1604 37364
Herbalife Ltd COM G4412G101 12557 182468 SH Sole 170584 11884
Hershey Foods COM 427866108 888 14480 SH Sole 14480
Hexcel Corp. COM 428291108 4406 183521 SH Sole 6821 176700
HFF Inc. COM 40418F108 5199 315649 SH Sole 14950 300699
Hibbett Sports Inc. COM 428567101 3453 63297 SH Sole 3015 60282
Hitachi Ltd Sponsored ADR 433578507 2149 33224 SH Sole 27594 5630
Hi-Tech Pharmaceutical Company COM 42840b101 1240 34525 SH Sole 1730 32795
Home Depot Inc. COM 437076102 351 6976 SH Sole 689 6287
Honda Motor Co. Ltd ADR 438128308 1390 36159 SH Sole 28870 7289
Honeywell International Inc. COM 438516106 1452 23790 SH Sole 888 22902
Hospitality Properties Trust COM 44106M102 429 16210 SH Sole 16210
Host Hotels & Resorts Inc. COM 44107P104 213 12950 SH Sole 12950
HSN Inc. COM 404303109 2381 62621 SH Sole 2980 59641
IAC/InterActiveCorp. COM 44919P508 44168 899744 SH Sole 583506 316238
Innerworkings Inc. COM 45773Y105 3942 338336 SH Sole 15795 322541
Innophos Holdings Inc. COM 45774N108 3066 61169 SH Sole 2903 58266
Intel Corp. COM 458140100 1105 39291 SH Sole 3467 35824
International Business Machine COM 459200101 49942 239360 SH Sole 162717 76643
InterXion Holding NV N47279109 1673 93192 SH Sole 85787 7405
Intuit Inc. COM 461202103 22757 378267 SH Sole 193589 184678
IRSA Inversiones y Representac 450047204 818 80888 SH Sole 74489 6399
Itau Unibanco Holding SA - ADR 465562106 16051 836418 SH Sole 559311 277107
Jack Henry & Associates Inc. COM 426281101 5406 158450 SH Sole 7547 150903
Jazz Pharmaceuticals Plc. COM G50871105 1919 39601 SH Sole 1862 37739
JPMorgan Chase & Co. COM 46625H100 32927 716126 SH Sole 494536 221590
Kilroy Realty Corp COM 49427F108 353 7580 SH Sole 7580
KKR Financial Holdings LLC COM 48248A306 1178 127944 SH Sole 11292 116652
KLA-Tencor Corp COM 482480100 489 8987 SH Sole 877 8110
Kraft Foods Inc.-A COM 50075N104 33812 889555 SH Sole 603095 286460
Kronos Worldwide Inc. COM 50105F105 3925 157373 SH Sole 7460 149913
Las Vegas Sands Corp. COM 517834107 29235 507818 SH Sole 341744 166074
Legacy Reserves LP COM 524707304 677 23395 SH Sole 2065 21330
Lexington Realty Trust COM 529043101 126 14050 SH Sole 14050
LifePoint Hospitals Inc. COM 53219L109 1757 44543 SH Sole 1802 42741
Linn Energy LLC COM 536020100 941 24674 SH Sole 2180 22494
Lithia Motors Inc. COM 536797103 2069 78981 SH Sole 3737 75244
Macerich COM 554382101 508 8800 SH Sole 8800
MACY'S Inc. COM 55616P104 35770 900337 SH Sole 562627 337710
Main Street Capital Corp COM 56035L104 458 18576 SH Sole 1651 16925
Manhattan Associates Inc. COM 562750109 3834 80667 SH Sole 3825 76842
MarketAxess Holdings Inc. COM 57060D108 2424 65016 SH Sole 3072 61944
Matrix Service Co. COM 576853105 1284 91681 SH Sole 4337 87344
McDonald's Corp. COM 580135101 27122 276474 SH Sole 193990 82484
McKesson HBOC Inc. COM 58155Q103 438 4994 SH Sole 486 4508
Mead Johnson Nutrition Co. COM 582839106 19132 231956 SH Sole 121202 110754
Melco Crown Entertainment Ltd 585464100 31061 2277175 SH Sole 990571 1286604
MercadoLibre Inc. COM 58733R102 13198 134959 SH Sole 89979 44980
Metalico Inc. COM 591176102 1413 330904 SH Sole 15769 315135
MFA Financial Inc. COM 55272X102 848 113551 SH Sole 10026 103525
Microsoft Corp. COM 594918104 29629 918579 SH Sole 652104 266475
Middleby Corp. COM 596278101 429 4237 SH Sole 4237
MKS Instruments Inc. COM 55306N104 1472 49836 SH Sole 2342 47494
Monotype Imaging Holdings Inc. COM 61022P100 1557 104494 SH Sole 4942 99552
Monro Muffler Brake Inc. COM 610236101 3465 83521 SH Sole 3861 79660
MTS Systems Corp. COM 553777103 4693 88405 SH Sole 4207 84198
Multi-Fineline Electronix Inc. COM 62541B101 1757 63991 SH Sole 3015 60976
National Oilwell Varco COM 637071101 15477 194749 SH Sole 125466 69283
Navigant Consulting Inc. COM 63935N107 1484 106691 SH Sole 5004 101687
Netspend Holdings Inc. COM 64118V106 2881 371312 SH Sole 17494 353818
NeuStar Inc. COM 64126X201 3408 91493 SH Sole 4327 87166
Newpark Resources COM 651718504 2034 248404 SH Sole 11779 236625
Nokia Corp. ADR 654902204 525 95706 SH Sole 8444 87262
Novartis AG ADR 66987V109 1895 34198 SH Sole 31495 2703
Nu Skin Enterprises Inc. A COM 67018T105 2851 49234 SH Sole 2328 46906
NuStar Energy L.P. COM 67058H102 839 14193 SH Sole 1254 12939
Ocwen Financial Corp. COM 675746309 3227 206443 SH Sole 9741 196702
Old Dominion Freight Line Inc. COM 679580100 2107 44206 SH Sole 2105 42101
On Assignment Inc. COM 682159108 3331 190649 SH Sole 8953 181696
On Semiconductor Corp. COM 682189105 441 48940 SH Sole 48940
ONEOK Partners LP COM 68268N103 428 7835 SH Sole 694 7141
Open Text Corp. 683715106 7455 121900 SH Sole 121900
Oracle Corp. COM 68389X105 8283 284050 SH Sole 169649 114401
Pacer International Inc. COM 69373H106 1501 237466 SH Sole 11219 226247
Pall Corp. COM 696429307 335 5615 SH Sole 544 5071
Papa Johns Intl Inc. COM 698813102 4202 111572 SH Sole 5283 106289
Patterson Energy Inc. COM 703481101 309 17898 SH Sole 1742 16156
PDL BioPharma Inc. COM 69329Y104 2047 321925 SH Sole 15287 306638
Penn Virginia Corp. COM 707882106 1146 251845 SH Sole 11938 239907
Pfizer Inc. COM 717081103 5511 243348 SH Sole 243348
Philip Morris International In COM 718172109 60002 677147 SH Sole 445277 231870
Philippine Long Distance Tel C 718252604 1403 22562 SH Sole 20772 1790
Pier 1 Imports Inc. COM 720279108 4457 245135 SH Sole 11651 233484
Plains All American Pipeline L COM 726503105 990 12619 SH Sole 1114 11505
Polaris Industries Inc. COM 731068102 386 5350 SH Sole 519 4831
Post Properties Inc. COM 737464107 403 8590 SH Sole 8590
Potash Corp. of Saskatchewan 73755L107 67463 1476540 SH Sole 504930 971610
Praxair Inc. COM 74005P104 782 6825 SH Sole 6825
Precision Drilling Corp COM 74022D308 14742 1452400 SH Sole 942740 509660
Prestige Brands Holdings Inc. COM 74112D101 1742 99637 SH Sole 4724 94913
Priceline.com Inc. COM 741503403 10843 15112 SH Sole 14671 441
ProLogis Inc. COM 74340W103 462 12840 SH Sole 12840
PROS Holdings Inc. COM 74346Y103 1959 104759 SH Sole 4977 99782
Prospect Capital Corp COM 74348T102 1095 99706 SH Sole 8809 90897
Prudential Financial Inc. COM 744320102 599 9444 SH Sole 912 8532
Public Storage Inc COM 74460D109 815 5900 SH Sole 5900
QLogic Corp. COM 747277101 4264 240079 SH Sole 11273 228806
Qualcomm Inc. COM 747525103 39933 586729 SH Sole 313043 273686
Questcor Pharmaceuticals Inc. COM 74835Y101 2719 72273 SH Sole 3440 68833
Raymond James COM 754730109 428 11707 SH Sole 1009 10698
Regal-Beloit Corp. COM 758750103 412 6280 SH Sole 6280
Regency Energy Partners LP COM 75885Y107 874 35531 SH Sole 3136 32395
Reynolds American Inc. COM 761713106 559 13499 SH Sole 1190 12309
Rio Tinto Plc ADR 767204100 1012 18208 SH Sole 15311 2897
Rockwell Automation Inc. COM 773903109 408 5120 SH Sole 5120
Rockwood Holdings Inc. COM 774415103 8731 167415 SH Sole 162604 4811
Rollins Inc. COM 775711104 3633 170741 SH Sole 8056 162685
Ross Stores Inc. COM 778296103 10846 186680 SH Sole 172483 14197
Ryder System Inc. COM 783549108 466 8822 SH Sole 859 7963
Salix Pharmaceuticals Ltd. COM 795435106 1213 23103 SH Sole 1095 22008
SanDisk Corp. COM 80004C101 6790 136926 SH Sole 133084 3842
Schiff Nutrition International COM 806693107 1668 135705 SH Sole 6482 129223
SeaCube Container Leasing Ltd. COM G79978105 2167 126005 SH Sole 5969 120036
Seadrill Ltd G7945E105 744 19848 SH Sole 1869 17979
Select Comfort Corp. COM 81616X103 3771 116431 SH Sole 5505 110926
Shire Plc ADR 82481R106 1628 17181 SH Sole 13980 3201
Signature Bank/New York NY COM 82669G104 23284 369352 SH Sole 192345 177007
Signet Jewelers Ltd G81276100 1215 25700 SH Sole 25700
Silicon Motion Technology Corp 82706C108 1954 100879 SH Sole 4778 96101
Simon Property Group Inc. COM 828806109 3330 22860 SH Sole 22860
Six Flags Entertainment Corp. COM 83001A102 2956 63197 SH Sole 2394 60803
Sl Green Realty Corp. COM 78440X101 482 6220 SH Sole 6220
Solar Capital Ltd COM 83413U100 880 39877 SH Sole 3524 36353
SolarWinds Inc. COM 83416B109 4303 111336 SH Sole 5278 106058
Stericycle Inc. COM 858912108 495 5920 SH Sole 5920
Stewart Information Services C COM 860372101 1946 136937 SH Sole 6565 130372
Stone Energy Corp. COM 861642106 1623 56780 SH Sole 2659 54121
Strategic Hotels & Resorts Inc COM 86272T106 198 30160 SH Sole 30160
Suburban Propane Partners LP COM 864482104 679 15799 SH Sole 1356 14443
Sun Communities Inc. COM 866674104 349 8050 SH Sole 8050
Suncor Energy Inc. COM 867224107 53386 1638106 SH Sole 658246 979860
Suncor Energy Inc. 867224107 1331 40837 SH Sole 33572 7265
Susquehanna Bancshares Inc. COM 869099101 1211 122562 SH Sole 5818 116744
Synergetics USA Inc. COM 87160G107 1974 303710 SH Sole 14361 289349
Syngenta AG ADR 87160A100 1986 28857 SH Sole 24025 4832
Tanger Factory Outlet Centers COM 875465106 238 8010 SH Sole 8010
Targa Resources Partners LP COM 87611X105 978 23585 SH Sole 2083 21502
Taubman Centers Inc. COM 876664103 482 6610 SH Sole 6610
Teck Resources Ltd 878742204 1020 28603 SH Sole 26362 2241
Telefonica SA ADR 879382208 603 36723 SH Sole 3240 33483
Terra Nitrogen Company LP COM 881005201 1507 6008 SH Sole 574 5434
Tetra Tech Inc. COM 88162G103 2463 93454 SH Sole 3843 89611
Thermo Fisher Scientific Inc. COM 883556102 223 3949 SH Sole 3949
TICC Capital Corporation COM 87244T109 746 76566 SH Sole 6796 69770
Tim Participacoes SA ADR 88706P205 22521 698121 SH Sole 324690 373431
Timken Co COM 887389104 8290 163375 SH Sole 158840 4535
Titan International Inc. COM 88830M102 1516 64119 SH Sole 1168 62951
TJX Companies Inc. COM 872540109 4547 114515 SH Sole 1235 113280
Torchmark Corp COM 891027104 8689 174311 SH Sole 169217 5094
Towers Watson & Co. COM 891894107 8802 133219 SH Sole 129490 3729
Town Sports International Hold COM 89214A102 1633 129328 SH Sole 2331 126997
TPC Group Inc. COM 89236Y104 1659 37524 SH Sole 682 36842
Tredegar Corp. COM 894650100 1740 88844 SH Sole 1613 87231
Unilever NV-NY Shares 904784709 292 8592 SH Sole 106 8486
United Healthcare Corp. COM 91324P102 33265 564389 SH Sole 344147 220242
United Technologies Corp. COM 913017109 30701 370164 SH Sole 279821 90343
Universal Health Services - B COM 913903100 6695 159749 SH Sole 146660 13089
US BanCorp COM 902973304 7411 233930 SH Sole 233930
Vaalco Energy Inc. COM 91851C201 3244 343296 SH Sole 6230 337066
Ventas Inc. COM 92276F100 287 5030 SH Sole 5030
Verizon Communications Inc. COM 92343V104 7568 197952 SH Sole 176305 21647
Viropharma Inc. COM 928241108 4236 140876 SH Sole 2558 138318
Visa Inc. - Class A COM 92826C839 45640 386778 SH Sole 254208 132570
Vitamin Shoppe Inc. COM 92849E101 2727 61675 SH Sole 1109 60566
VMware Inc. COM 928563402 769 6840 SH Sole 6840
Wellcare Health Plans Inc. COM 94946T106 1562 21731 SH Sole 395 21336
Williams Partners LP COM 96950F104 969 17131 SH Sole 1472 15659
Windstream Corp. COM 97381W104 1023 87360 SH Sole 7502 79858
Wisconsin Energy Corp. COM 976657106 9353 265860 SH Sole 149760 116100
Zebra Technologies Corp.-CL A COM 989207105 2570 62403 SH Sole 1134 61269