0000950123-11-049792.txt : 20110513
0000950123-11-049792.hdr.sgml : 20110513
20110513100021
ACCESSION NUMBER: 0000950123-11-049792
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110513
DATE AS OF CHANGE: 20110513
EFFECTIVENESS DATE: 20110513
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: MARTINGALE ASSET MANAGEMENT L P
CENTRAL INDEX KEY: 0000936944
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-04632
FILM NUMBER: 11838269
BUSINESS ADDRESS:
STREET 1: 222 BERKELEY STREET
CITY: BOSTON
STATE: MA
ZIP: 02116
BUSINESS PHONE: 6174244700
MAIL ADDRESS:
STREET 1: 222 BERKELEY ST
CITY: BOSTON
STATE: MA
ZIP: 02184
13F-HR
1
b86598e13fvhr.txt
13F-HR
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: MARCH 31, 2011
-------------------------------
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: MARTINGALE ASSET MANAGEMENT LP
-------------------------------------------------------
Address: 222 BERKELEY STREET
-------------------------------------------------------
BOSTON, MA 02116
-------------------------------------------------------
-------------------------------------------------------
Form 13F File Number: 28- 04632
------------------------------
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: Betty Davis
-------------------------------------------------------
Title: Vice President
-------------------------------------------------------
Phone: 617-424-4700
-------------------------------------------------------
Signature, Place, and Date of Signing:
/s/ Betty Davis Boston, MA 5/12/11
------------------------------- ------------------------------------------------------ ----------------------
[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:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
------------------------------------
28-
----------------
[Repeat as necessary.]
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
FORM 13F
SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
---------------------------------------
Form 13F Information Table Entry Total: 611
---------------------------------------
1640
Form 13F Information Table Value Total: --------------------------------------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
No. Form 13F File Number Name
28- none /s/ Betty Davis
--------- -------------------- ----------------------------------------
[Repeat as necessary.]
Martingale Asset Management, L.P.
FORM 13F
31-Mar-11
Title Voting Authority
of Value Shares/ Sh/ Put/ Invstmt Other ----------------------
Name of Issuer class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
------------------------------ --------------- -------- ------- --- ---- ------- -------- ------- ------ -------
3M Company COM 88579Y101 1144 12228 SH Sole 12228
AES Corporation COM 00130H105 11020 847626 SH Sole 685326 162300
AOL Inc COM 00184X105 1463 74869 SH Sole 74869
AT&T COM 00206R102 18074 590437 SH Sole 408675 181762
AVX Corporation COM 002444107 615 41206 SH Sole 41206
Abbott Labs COM 002824100 16133 328896 SH Sole 258282 70614
Accenture PLC Ireland COM G1151C101 5949 108217 SH Sole 99417 8800
Advance American Cash Adva COM 00739W107 997 187950 SH Sole 56050 131900
Advance Auto Parts COM 00751Y106 7256 110572 SH Sole 81926 28646
Aetna Inc New COM 00817Y108 378 10083 SH Sole 10083
Agilent Technologies Inc COM 00846U101 2143 47851 SH Sole 47851
Air Transport Services Gr COM 00922R105 1100 130142 SH Sole 32042 98100
Alamo Group Inc COM 011311107 904 32918 SH Sole 10818 22100
Albany Int'l Cl A COM 012348108 222 8900 SH Sole 8900
Albany Molecular COM 012423109 74 17200 SH Sole 2600 14600
Alliance One Int'l Inc COM 018772103 161 39900 SH Sole 39900
Allied World Assurance Holding COM H01531104 1872 29846 SH Sole 29846
Alpha & Omega Semiconductor COM G6331P104 531 41814 SH Sole 9614 32200
Amazon.Com Inc COM 023135106 824 4572 SH Sole 4572
Amdocs Ltd Ord COM G02602103 2265 78492 SH Sole 59492 19000
Amerco COM 023586100 2058 21210 SH Sole 12310 8900
Ameren Corporation COM 023608102 2203 78468 SH Sole 52768 25700
American Axle & Mfg COM 024061103 542 43030 SH Sole 43030
American Express COM 025816109 1085 23996 SH Sole 23996
American Safety Insurance Hold COM G02995101 511 23807 SH Sole 6407 17400
Ameriprise Financial Inc COM 03076C106 2881 47155 SH Sole 42355 4800
Ameris Bancorp COM 03076K108 317 31194 SH Sole 4800 26394
Amerisourcebergen Corp COM 03073E105 625 15795 SH Sole 95 15700
Amgen Inc COM 031162100 5544 103705 SH Sole 75520 28185
Amkor Technologies COM 031652100 606 89846 SH Sole 89846
Anixter Int'l COM 035290105 3455 49425 SH Sole 33125 16300
Apache Corp COM 037411105 5983 45694 SH Sole 38494 7200
Apple Computer Inc COM 037833100 27940 80169 SH Sole 69208 10961
Applied Industrial Tech Inc COM 03820C105 1781 53527 SH Sole 53527
Applied Materials COM 038222105 1311 83886 SH Sole 83886
Arlington Asset Inv Corp COM 041356205 414 13600 SH Sole 4800 8800
Artio Global Invest Inc COM 04315B107 901 55723 SH Sole 11823 43900
Ascena Retail Group Inc COM 04351G101 318 9807 SH Sole 1707 8100
Ashford Hospitality Trust COM 044103109 1353 122738 SH Sole 31038 91700
Astoria Fin'l Corp COM 046265104 861 59900 SH Sole 59900
Atlas Air Worldwide COM 049164205 3746 53716 SH Sole 35716 18000
Atmos Energy Corp COM 049560105 4767 139790 SH Sole 87890 51900
Autozone Inc COM 053332102 5939 21710 SH Sole 14110 7600
Axis Capital Holdings COM G0692U109 4372 125193 SH Sole 74593 50600
BGC Partners Inc COM 05541T101 199 21368 SH Sole 21368
BMC Software Inc COM 055921100 919 18473 SH Sole 18473
Ball Corp COM 058498106 3973 110818 SH Sole 67418 43400
Bancfirst Corp COM 05945F103 466 10905 SH Sole 405 10500
Bancorp Inc Del COM 05969A105 221 23900 SH Sole 23900
Bank of America Corp COM 060505104 8350 626400 SH Sole 499000 127400
Bank of Marin Bancorp CA COM 063425102 258 6902 SH Sole 1102 5800
Bank of the Ozarks COM 063904106 473 10804 SH Sole 4 10800
Bankfinancial Corp Com COM 06643P104 243 26409 SH Sole 3709 22700
Bard (C R) COM 067383109 625 6289 SH Sole 6289
Barrick Gold Corp COM 067901108 204 3917 SH Sole 17 3900
Baxter Int'l Inc COM 071813109 13705 254874 SH Sole 206074 48800
Becton Dickinson & Company COM 075887109 3254 40867 SH Sole 40867
Berkshire Hathaway Inc CL B COM 084670702 3084 36874 SH Sole 23774 13100
Best Buy Inc COM 086516101 1355 47166 SH Sole 66 47100
Biglari Hldgs COM 08986R101 954 2251 SH Sole 851 1400
Bill Barrett Corp COM 06846N104 204 5100 SH Sole 5100
Black Box Corp COM 091826107 957 27215 SH Sole 7115 20100
Block H & R Inc COM 093671105 1088 64945 SH Sole 64945
Boeing Company COM 097023105 348 4703 SH Sole 4703
Boise Inc Com COM 09746Y105 961 104900 SH Sole 21400 83500
Booz Allen Hamilton COM 099502106 550 30520 SH Sole 30520
Boston Private Finl COM 101119105 491 69400 SH Sole 69400
Brandywine Realty Trust COM 105368203 3150 259471 SH Sole 259471
Briggs and Stratton COM 109043109 2350 103711 SH Sole 67411 36300
Brightpoint Inc COM 109473405 172 15838 SH Sole 15838
Brinker Int'l Inc COM 109641100 878 34679 SH Sole 34679
Brookline Bancorp Inc COM 11373M107 536 50900 SH Sole 50900
Brooks Automation COM 114340102 1103 80328 SH Sole 20228 60100
CA Inc COM 12673P105 3690 152590 SH Sole 152330 260
CACI Int'l Cl A COM 127190304 1565 25520 SH Sole 14320 11200
CBL & Assoc Prop COM 124830100 3240 185977 SH Sole 116277 69700
CF Inds Hldgs Inc COM 125269100 5365 39220 SH Sole 27620 11600
CIGNA Corp COM 125509109 475 10725 SH Sole 10725
CMS Energy Corp COM 125896100 232 11790 SH Sole 11790
CNA Surety Corporation COM 12612L108 369 14603 SH Sole 3 14600
CSX Corp COM 126408103 14302 181956 SH Sole 145856 36100
CVR Energy Inc Com COM 12662P108 1638 70720 SH Sole 23920 46800
Cabot Corp COM 127055101 9837 212492 SH Sole 169592 42900
Cal Dive Int'l Inc Del Com COM 12802T101 1021 146210 SH Sole 37910 108300
Calamos Asset Management COM 12811R104 1274 76747 SH Sole 24847 51900
Callon Petroleum Co COM 13123X102 113 14444 SH Sole 14444
Cantel Med Corp COM 138098108 387 15009 SH Sole 7209 7800
Capital City Bank Group COM 139674105 134 10500 SH Sole 1400 9100
Capital One Fin'l COM 14040H105 8664 166728 SH Sole 135128 31600
Cardinal Health Inc COM 14149Y108 11877 288759 SH Sole 232559 56200
Career Education Corp COM 141665109 1274 56040 SH Sole 56040
Caterpillar Inc COM 149123101 16958 152290 SH Sole 121590 30700
Cathay General Bancorp COM 149150104 841 49300 SH Sole 49300
Celgene Corp COM 151020104 1932 33548 SH Sole 31654 1894
Central Garden and Pet Cl A COM 153527205 617 66930 SH Sole 30 66900
Chesapeake Utils COM 165303108 1079 25917 SH Sole 8117 17800
ChevronTexaco Corp COM 166764100 28463 264794 SH Sole 203319 61475
Chicago Bridge Iron Co NV COM 167250109 3819 93917 SH Sole 93917
Cinemark Holdings COM 17243V102 1302 67242 SH Sole 19742 47500
Cisco Systems COM 17275R102 2688 156697 SH Sole 147282 9415
Citigroup Inc COM 172967101 1504 340102 SH Sole 127102 213000
Citizens & Northn Corp COM 172922106 271 16106 SH Sole 3706 12400
City Holding Co COM 177835105 496 14005 SH Sole 5 14000
Cliffs Natural Resources COM 18683K101 4659 47398 SH Sole 47398
Cloud Peak Energy Inc COM 18911Q102 1141 52817 SH Sole 14717 38100
Cobiz Financial Inc COM 190897108 165 23700 SH Sole 23700
Coca Cola Co COM 191216100 5221 78689 SH Sole 65619 13070
Coca Cola Enterprises Inc COM 19122T109 611 22355 SH Sole 55 22300
Coherent Inc COM 192479103 1158 19913 SH Sole 4713 15200
Colgate Palmolive Co COM 194162103 774 9581 SH Sole 9581
Collective Brands COM 19421W100 1144 53007 SH Sole 16907 36100
Colonial Properties Trust COM 195872106 2339 121456 SH Sole 60756 60700
Colony Finl Inc COM 19624R106 569 30216 SH Sole 6316 23900
Columbia Banking Systems COM 197236102 288 15000 SH Sole 15000
Commonwealth Reit COM 203233101 4243 163380 SH Sole 144280 19100
Community Bk Sys Inc COM 203607106 622 25610 SH Sole 10 25600
Community Trust Bancorp COM 204149108 637 23008 SH Sole 3708 19300
Complete Production Service COM 20453E109 3660 115030 SH Sole 72330 42700
Computer Sciences Corp COM 205363104 2867 58833 SH Sole 58833
ConocoPhillips COM 20825C104 23375 292690 SH Sole 232356 60334
Constellation Brands Cl A COM 21036P108 5927 292218 SH Sole 196918 95300
Contango Oil & Gas COM 21075N204 741 11707 SH Sole 4407 7300
Cooper Companies Inc COM 216648402 1941 27935 SH Sole 27935
Core-Mark Holdings Co COM 218681104 371 11203 SH Sole 5903 5300
Corn Products Int'l COM 219023108 12013 231821 SH Sole 184221 47600
Corning Inc COM 219350105 5729 277696 SH Sole 221596 56100
Cracker Barrel COM 22410J106 1727 35127 SH Sole 26427 8700
Crown Holdings Inc COM 228368106 5863 151959 SH Sole 103059 48900
Cubic Corp COM 229669106 737 12812 SH Sole 4212 8600
DST Systems COM 233326107 3831 72527 SH Sole 72527
Dana Holdings Corp COM 235825205 376 21602 SH Sole 2402 19200
Darden Restaurants COM 237194105 6811 138629 SH Sole 97029 41600
Dell Computer Corp COM 24702R101 4064 280080 SH Sole 153280 126800
Delta Apparel Inc COM 247368103 171 11903 SH Sole 3803 8100
Deltek Inc COM 24784L105 245 32111 SH Sole 8811 23300
Devon Energy Corp COM 25179M103 11429 124539 SH Sole 93039 31500
Diamond Hill Investment Group COM 25264R207 264 3300 SH Sole 800 2500
Dillard's Inc COM 254067101 1979 49325 SH Sole 45225 4100
Dime Cmnty Bancshares COM 253922108 534 36126 SH Sole 10926 25200
DirecTV Com COM 25490A101 2701 57709 SH Sole 35909 21800
Discover Finl Svcs COM 254709108 2248 93163 SH Sole 54563 38600
Dish Network Corp COM 25470M109 1583 64959 SH Sole 64959
Dominos Pizza Inc COM 25754A201 1838 99704 SH Sole 99704
Domtar Corp COM 257559203 1675 18248 SH Sole 18248
Dover Corp COM 260003108 1389 21117 SH Sole 21117
Dr Pepper Snapple Group COM 26138E109 7072 190299 SH Sole 135499 54800
Du Pont (E I) DeNemours COM 263534109 982 17856 SH Sole 17856
Duke Realty COM 264411505 8277 590763 SH Sole 457863 132900
EBAY Inc COM 278642103 1075 34629 SH Sole 34629
EMC Corp COM 268648102 714 26859 SH Sole 26859
Earthlink Inc COM 270321102 2734 349123 SH Sole 257623 91500
East West Bancorp COM 27579R104 9330 424855 SH Sole 334555 90300
El Paso Electric COM 283677854 971 31916 SH Sole 12116 19800
Ellis Perry Int'l COM 288853104 1038 37716 SH Sole 9816 27900
Encore Capital Group Inc COM 292554102 562 23700 SH Sole 6500 17200
Endo Pharm Hldg COM 29264F205 2888 75663 SH Sole 53963 21700
Energy Partners Ltd COM 29270U303 1324 73521 SH Sole 23421 50100
Entegris Inc COM 29362U104 2099 239019 SH Sole 125319 113700
Entergy Corp COM 29364G103 5259 78241 SH Sole 48541 29700
Enterprise Finl Services COM 293712105 323 22906 SH Sole 4006 18900
Epicor Software Corp COM 29426L108 1009 91132 SH Sole 22332 68800
Epiq Systems Inc COM 26882D109 676 47011 SH Sole 5711 41300
Exide Technologies COM 302051206 1167 104434 SH Sole 28534 75900
Expedia Inc COM 30212P105 3402 150123 SH Sole 77423 72700
Express Inc COM 30219E103 1273 65120 SH Sole 65120
Exxon Mobil Corp COM 30231G102 51751 615130 SH Sole 492777 122353
FMC Corp COM 302491303 541 6361 SH Sole 6361
FNB Corp COM 302520101 905 85800 SH Sole 85800
Fairchild Semiconductor COM 303726103 4563 250703 SH Sole 250703
Fairfax Finl Hldgs Ltd COM 303901102 2042 5403 SH Sole 3 5400
Fedex Corporation COM 31428X106 9525 101817 SH Sole 75517 26300
Ferro Corp COM 315405100 3356 202289 SH Sole 147589 54700
Fifth Third Bancorp COM 316773100 3868 278504 SH Sole 154704 123800
Financial Institutions COM 317585404 397 22605 SH Sole 3605 19000
Finish Line COM 317923100 3297 166054 SH Sole 118254 47800
First Bancorp/NC COM 318910106 250 18800 SH Sole 18800
First Busey Corp COM 319383105 160 31300 SH Sole 31300
First Comm Bancshares COM 31983A103 441 31100 SH Sole 4200 26900
First Commonwealth Financial C COM 319829107 1688 246400 SH Sole 31400 215000
First Finl Bancorp COM 320209109 1997 119637 SH Sole 23237 96400
First Finl Corp Indiana COM 320218100 503 15105 SH Sole 2405 12700
First Finl Holdings Inc COM 320239106 140 12300 SH Sole 12300
First Industrial Realty COM 32054K103 1683 141540 SH Sole 41340 100200
First Intst Bancsystem COM 32055Y201 572 42000 SH Sole 5700 36300
First Merchants Corp COM 320817109 456 55205 SH Sole 9405 45800
First Midwest Bancorp COM 320867104 445 37700 SH Sole 37700
First Source Corp COM 336901103 331 16506 SH Sole 2906 13600
Firstmerit Corp COM 337915102 727 42555 SH Sole 42555
Five Star Quality Care COM 33832D106 1155 142044 SH Sole 44544 97500
Flagstone Reinsurance Hldgs SA COM L3466T104 765 84816 SH Sole 18016 66800
Flushing Financial Corp COM 343873105 1005 67410 SH Sole 10210 57200
Ford Motor Company COM 345370860 820 54949 SH Sole 54949
Foster L B Co COM 350060109 1049 24310 SH Sole 7610 16700
Franklin Electric Co COM 353514102 1100 23808 SH Sole 8208 15600
Franklin Resources COM 354613101 3127 25000 SH Sole 6400 18600
Freeport Mcmoran Cop/Gold B COM 35671D857 16307 293538 SH Sole 239638 53900
Fresh Del Monte COM G36738105 2537 97142 SH Sole 62942 34200
GT Solar Int'l Inc COM 3623E0209 1749 163916 SH Sole 163916
Generac Hldgs COM 368736104 859 42315 SH Sole 15415 26900
General Comm Inc Cl A COM 369385109 824 75237 SH Sole 22937 52300
General Dynamics COM 369550108 8986 117364 SH Sole 84964 32400
General Electric COM 369604103 23409 1167524 SH Sole 859524 308000
Georgia Gulf Corp COM 373200302 1462 39511 SH Sole 11911 27600
Getty Realty Corp COM 374297109 403 17600 SH Sole 17600
Gilead Sciences Inc COM 375558103 4495 105817 SH Sole 86346 19471
Glacier Bancorp Inc COM 37637Q105 100 6600 SH Sole 13100
Gladstone Cap Corp COM 376535100 167 14700 SH Sole 2300 12400
Glimcher Realty Trust COM 379302102 792 85600 SH Sole 85600
Goldcorp Inc New COM 380956409 285 5722 SH Sole 22 5700
Google Inc COM 38259P508 23381 39847 SH Sole 31697 8150
Gordmans Stores Inc COM 38269P100 247 13901 SH Sole 5501 8400
Government Properties Inc COM 38376A103 511 19009 SH Sole 4109 14900
Great Lakes Dredge & Dock COM 390607109 1078 141244 SH Sole 44644 96600
Great Southern Bancorp COM 390905107 309 14402 SH Sole 2002 12400
Greatbatch Inc Com COM 39153L106 935 35319 SH Sole 7819 27500
Green Plains Renewable Energy COM 393222104 922 76700 SH Sole 14100 62600
Gulf Island Fabric COM 402307102 297 9209 SH Sole 1209 8000
Halliburton Company COM 406216101 11541 231546 SH Sole 174946 56600
Hancock Hldg Co COM 410120109 825 25100 SH Sole 25100
Harris Corp COM 413875105 8130 163910 SH Sole 123110 40800
Health Mgmt Assoc COM 421933102 1135 104039 SH Sole 104039
Healthspring Inc COM 42224N101 2232 59701 SH Sole 23801 35900
Heartland Financial USA COM 42234Q102 222 13003 SH Sole 2003 11000
Hecla Mining COM 422704106 1682 185152 SH Sole 44952 140200
Herbalife Ltd COM G4412G101 3551 43642 SH Sole 43642
Hersha Hospitality COM 427825104 1191 200420 SH Sole 60320 140100
Hess Corporation Co COM 42809H107 669 7846 SH Sole 7846
Hewlett-Packard Company COM 428236103 17561 428607 SH Sole 342534 86073
Home Bancshares COM 436893200 334 14650 SH Sole 14650
Home Depot COM 437076102 1019 27490 SH Sole 27490
Honeywell Int'l Inc COM 438516106 362 6052 SH Sole 6052
Hospitality Pptys COM 44106M102 9561 413000 SH Sole 333600 79400
Hudson Pac Pptys Inc COM 444097109 802 54500 SH Sole 14500 40000
Hudson Valley Holdings Corp COM 444172100 231 10460 SH Sole 2900 7560
Humana Inc COM 444859102 11592 165728 SH Sole 126228 39500
Huntington Ingalls Ind COM 446413106 204 4893.54 SH Sole 4893.54
IAC Interactive Corp COM 44919P508 1179 38129 SH Sole 38129
Independent Bank Corp/MA COM 453836108 287 10600 SH Sole 10600
Infinity Prop & Casualty COM 45665Q103 983 16507 SH Sole 4007 12500
Insight Enterprises Inc COM 45765U103 1336 78424 SH Sole 24424 54000
Int'l Business Machines COM 459200101 34018 208606 SH Sole 169536 39070
Integra Lifesciences COM 457985208 1325 27921 SH Sole 27921
Intel Corp COM 458140100 17970 890442 SH Sole 693768 196674
Intuit Inc COM 461202103 1093 20564 SH Sole 20564
Invacare Corp COM 461203101 1330 42725 SH Sole 13625 29100
Invesco Mortgage Capital COM 46131B100 1135 51931 SH Sole 11031 40900
Investment Tech Group COM 46145F105 212 11600 SH Sole 11600
Investors Bancorp Inc COM 46146P102 1486 99616 SH Sole 516 99100
Ishares MSCI Switzerland Index COM 464286749 4215 166644 SH Sole 101 166543
Ixys Corp COM 46600W106 142 10507 SH Sole 7 10500
JMP Group Inc COM 46629U107 109 12600 SH Sole 6500 6100
JP Morgan Chase & Co COM 46625H100 6203 134548 SH Sole 95466 39082
Jabil Circuit Inc COM 466313103 9611 470397 SH Sole 335897 134500
James River Coal Co COM 470355207 994 41100 SH Sole 8800 32300
Johnson & Johnson COM 478160104 16808 283665 SH Sole 201976 81689
Jones Apparel Group COM 48020T101 981 71314 SH Sole 19614 51700
KBR Inc COM 48242W106 5851 154904 SH Sole 114804 40100
Kadant Inc COM 48282T104 320 12200 SH Sole 12200
Kaiser Federal Financial Group COM 483056107 144 11678 SH Sole 2203 9475
Kennametal COM 489170100 2684 68809 SH Sole 68809
Kimberly-Clark COM 494368103 2156 33019 SH Sole 33019
Kinetic Concepts COM 49460W208 2048 37632 SH Sole 37632
Kite Realty Group Trust COM 49803T102 447 84139 SH Sole 39 84100
Knology Inc Com COM 499183804 256 19800 SH Sole 8300 11500
Kulicke & Soffa Industries COM 501242101 150 15946 SH Sole 15946
LMI Aerospace Inc COM 502079106 641 31711 SH Sole 8811 22900
La Barge Inc COM 502470107 379 21406 SH Sole 4906 16500
Laclede Group Inc COM 505597104 1114 29217 SH Sole 7217 22000
Lake Land Finl COM 511656100 647 28511 SH Sole 4511 24000
Lakeland Bancorp Inc COM 511637100 275 26436 SH Sole 291 26145
Lam Research Corp COM 512807108 10604 187140 SH Sole 151340 35800
Lasalle Hotel Ppty COM 517942108 203 7500 SH Sole 7500
Layne Christensen Company COM 521050104 1250 36210 SH Sole 11410 24800
Lear Corporation COM 521865204 2977 60910 SH Sole 60910
Lexington Co Prop Trust Reit COM 529043101 3087 330112 SH Sole 221012 109100
Lexmark Int'l Group COM 529771107 1083 29215 SH Sole 29215
Lifetime Brands Inc Com COM 53222Q103 289 19205 SH Sole 5005 14200
Lilly (Eli) Co COM 532457108 11517 327440 SH Sole 254174 73266
Lin TV Corp COM 532774106 150 25200 SH Sole 25200
Littelfuse Inc COM 537008104 1183 20713 SH Sole 6913 13800
Lockheed Martin Corp COM 539830109 2728 33925 SH Sole 24525 9400
Lorillard Inc COM 544147101 10226 107624 SH Sole 81124 26500
Lubrizol Corp COM 549271104 1367 10200 SH Sole 10200
M & F Worldwide Corp Com COM 552541104 739 29400 SH Sole 7300 22100
MB Financial Bank N A COM 55264U108 1107 52800 SH Sole 8300 44500
MGP Ingredients Inc COM 55302G103 185 21111 SH Sole 5111 16000
MKS Instruments Inc COM 55306N104 2835 85126 SH Sole 57226 27900
Mack Cali Realty Corp COM 554489104 371 10937 SH Sole 10937
Macys Inc COM 55616P104 9305 383513 SH Sole 295113 88400
Magellan Health Services COM 559079207 1223 24915 SH Sole 8915 16000
Maiden Holdings Lts COM G5753U112 808 107848 SH Sole 36148 71700
Mainsource Financial Group Inc COM 56062Y102 390 38908 SH Sole 9008 29900
Marathon Oil COM 565849106 10758 201785 SH Sole 138585 63200
Mastec Inc COM 576323109 1545 74235 SH Sole 18635 55600
Maximus Inc COM 577933104 1171 14415 SH Sole 14415
McDonald's Corp COM 580135101 1603 21059 SH Sole 21059
Meadowbrook Ins Group COM 58319P108 1208 116650 SH Sole 36050 80600
Medicis Pharmaceutical Corp COM 584690309 1059 33024 SH Sole 9724 23300
Medtronic Inc COM 585055106 5326 135345 SH Sole 96086 39259
Merck and Co Inc COM 58933Y105 5881 178156 SH Sole 131156 47000
Metro Bancorp Inc COM 59161R101 339 27400 SH Sole 4500 22900
Metropcs Communications COM 591708102 2762 170024 SH Sole 170024
Microsoft Corp COM 594918104 28705 1130530 SH Sole 909445 221085
Minerals Tech COM 603158106 371 5404 SH Sole 4 5400
ModusLink Global Solutions COM 60786L107 511 93400 SH Sole 21300 72100
Molex Inc COM 608554101 3113 123905 SH Sole 123905
Monarch Casino & Rest COM 609027107 177 17005 SH Sole 5305 11700
Montpelier Re Holdings Ltd COM G62185106 1118 63256 SH Sole 15156 48100
Moog Inc Cl A COM 615394202 1461 31817 SH Sole 8117 23700
Morgan Stanley COM 617446448 5998 219546 SH Sole 151346 68200
Multi Fineline Electro COM 62541B101 1118 39614 SH Sole 13114 26500
Murphy Oil Corp COM 626717102 6991 95217 SH Sole 73117 22100
Myers Industries Inc COM 628464109 233 23400 SH Sole 9000 14400
NBT Bancorp Inc COM 628778102 1202 52710 SH Sole 6610 46100
Nabors Industries Ltd COM G6359F103 210 6901 SH Sole 5201 1700
Nacco Inds Inc COM 629579103 1174 10604 SH Sole 3504 7100
Nara Bancorp Inc COM 63080P105 393 40800 SH Sole 40800
Nasdaq Stock Market In COM 631103108 7215 279197 SH Sole 206697 72500
Natl Financial Corp COM 63607P208 1361 92227 SH Sole 23527 68700
Natl Penn Bancshares COM 637138108 511 66000 SH Sole 66000
Nelnet Inc COM 64031N108 701 32100 SH Sole 3100 29000
Newalliance Bancshares COM 650203102 699 47100 SH Sole 47100
Newcastle Investment COM 65105M108 1012 167542 SH Sole 45342 122200
Newmont Mining COM 651639106 3563 65264 SH Sole 41775 23489
Newport Corp COM 651824104 1291 72321 SH Sole 18621 53700
Noranda Aluminum Hldgs Corp COM 65542W107 184 11450 SH Sole 11450
Norfolk Southern Corp COM 655844108 6834 98657 SH Sole 74457 24200
NorthStar Realty Finance Corp COM 66704R100 1239 231500 SH Sole 73900 157600
NorthWestern Corp COM 668074305 831 27423 SH Sole 11123 16300
Northrop Grumman Corp COM 666807102 1840 29328 SH Sole 29328
Northwest Bancshares Inc COM 667340103 664 52902 SH Sole 27 52875
Novellus Systems Inc COM 670008101 3488 93918 SH Sole 93918
Nu Skin Enterprises COM 67018T105 1211 42116 SH Sole 42116
Nutraceutical Int'l COM 67060Y101 159 10606 SH Sole 2206 8400
Oceanfirst Finl Corp COM 675234108 314 22504 SH Sole 4 22500
Ocwen Finl Corp COM 675746309 636 57700 SH Sole 57700
Oil States Int'l Inc COM 678026105 2371 31134 SH Sole 31134
Old Natl Bancorp COM 680033107 158 14700 SH Sole 14700
Oracle Systems Corp COM 68389X105 17699 529386 SH Sole 396033 133353
Orrstown Financial Services In COM 687380105 267 9501 SH Sole 1301 8200
Oshkosh Truck Corp COM 688239201 1508 42613 SH Sole 42613
Osi Systems COM 671044105 620 16509 SH Sole 3409 13100
Owens & Minor Inc COM 690732102 640 19675 SH Sole 11525 8150
PNC Financial Services COM 693475105 7587 120436 SH Sole 80236 40200
PS Business Parks Inc CA COM 69360J107 2528 43625 SH Sole 28925 14700
Pacwest Bancorp COM 695263103 1749 80410 SH Sole 12810 67600
Papa John's Int'l COM 698813102 1021 32208 SH Sole 7508 24700
Par Pharmaceutical Cos COM 69888P106 1387 44622 SH Sole 13522 31100
Parker Hannifin COM 701094104 11461 121047 SH Sole 97047 24000
Parkway Pptys Inc Com COM 70159Q104 879 51700 SH Sole 10700 41000
Penn Real Estate Inv Tr COM 709102107 660 46200 SH Sole 13100 33100
Peoples Bancorp COM 709789101 190 15803 SH Sole 2503 13300
Pepsico Inc COM 713448108 1746 27106 SH Sole 23621 3485
Petroquest Energy Inc COM 716748108 1137 121430 SH Sole 33530 87900
Pfizer Inc COM 717081103 4548 223903 SH Sole 160371 63532
Philip Morris Int'l COM 718172109 11360 173085 SH Sole 164725 8360
Pier 1 Imports Inc/de COM 720279108 1670 164483 SH Sole 164483
Pinnacle Finl Partners In COM 72346Q104 606 36600 SH Sole 36600
PolyOne Corp COM 73179P106 767 53935 SH Sole 15435 38500
Portland General Electric COM 736508847 1375 57832 SH Sole 13232 44600
Powell Ind Inc COM 739128106 249 6300 SH Sole 1200 5100
Power-One Pwr Supplies COM 73930R102 134 15237 SH Sole 15237
Preformed Line Products COM 740444104 499 7203 SH Sole 2203 5000
Premiere Global Svcs Inc COM 740585104 132 17300 SH Sole 17300
Prestige Brands Holdings Inc. COM 74112D101 1037 90110 SH Sole 20710 69400
Principal Finl Group COM 74251V102 8489 264348 SH Sole 201848 62500
Privatebancorp Inc COM 742962103 620 40500 SH Sole 40500
Procter & Gamble Co COM 742718109 5169 83906 SH Sole 56306 27600
Prosperity Bancshares COM 743606105 1160 27100 SH Sole 27100
Provident Finl Services COM 74386T105 680 45919 SH Sole 19 45900
Prudential Finl COM 744320102 5951 96630 SH Sole 90630 6000
Qualcomm Inc COM 747525103 1827 33304 SH Sole 33104 200
Quest Software COM 74834T103 372 14627 SH Sole 2427 12200
RF Micro-Devices COM 749941100 1459 227514 SH Sole 227514
Railamerica Inc COM 750753402 1453 85224 SH Sole 27824 57400
Ramco-Gershenson Properties COM 751452202 586 46700 SH Sole 15600 31100
Renasant Corp COM 75970E107 400 23500 SH Sole 4300 19200
Rent-a-Center Inc COM 76009N100 871 24925 SH Sole 25 24900
Republic Bancorp COM 760281204 624 32007 SH Sole 7607 24400
Rockwood Hldgs Inc COM 774415103 882 17908 SH Sole 5408 12500
Ruby Tuesday COM 781182100 864 65829 SH Sole 8729 57100
S&T Bancorp Inc COM 783859101 1353 62705 SH Sole 8705 54000
SRA Int'l Inc Cl A COM 78464R105 2529 89140 SH Sole 50440 38700
Sanders Morris Harris Gro COM 80000Q104 153 19009 SH Sole 5509 13500
Sandy Spring Bancorp COM 800363103 612 33105 SH Sole 5805 27300
Sauer-Danfoss Inc COM 804137107 241 4725 SH Sole 4725
Schlumberger Ltd COM 806857108 1899 20358 SH Sole 19358 1000
Seaboard Corp COM 811543107 1255 520 SH Sole 170 350
Seacor Smit Inc COM 811904101 1077 11645 SH Sole 1745 9900
Seagate Technology, plc COM G7945M107 2472 171605 SH Sole 73805 97800
Select Comfort Corporation COM 81616X103 257 21300 SH Sole 4000 17300
Sierra Bancorp COM 82620P102 174 15503 SH Sole 2303 13200
Signet Jewelers Limited COM G81276100 2292 49790 SH Sole 49790
Silgan Holdings Inc COM 827048109 1325 34720 SH Sole 11020 23700
Smithfield Foods Inc COM 832248108 1962 81521 SH Sole 81521
Solutia Inc COM 834376501 638 25118 SH Sole 25118
Sonic Automotive Cl A COM 83545G102 1182 84326 SH Sole 21526 62800
Southside Bancshares Inc COM 84470P109 243 11347 SH Sole 3304 8043
Southwest Bancorp COM 844767103 1154 81319 SH Sole 14019 67300
Southwest Gas Co COM 844895102 3541 90844 SH Sole 59344 31500
Sovran Self Storage COM 84610H108 404 10200 SH Sole 10200
Spartan Stores Inc COM 846822104 594 40123 SH Sole 10323 29800
St Jude Med Inc COM 790849103 2486 48486 SH Sole 48486
Starwood Property Trust COM 85571B105 1239 55517 SH Sole 12117 43400
State Auto Fin'l Corp COM 855707105 330 18100 SH Sole 4500 13600
State Bancorp Inc COM 855716106 253 24309 SH Sole 5309 19000
Stein Mart COM 858375108 828 81725 SH Sole 15525 66200
Stellarone Corp COM 85856G100 173 12200 SH Sole 12200
Steris Corporation COM 859152100 844 24421 SH Sole 4721 19700
Sterling Bancorp COM 859158107 214 21300 SH Sole 21300
Sterling Construction COM 859241101 242 14300 SH Sole 800 13500
Stone Energy Corp COM 861642106 4033 120841 SH Sole 80541 40300
Suffolk Bancorp COM 864739107 338 16100 SH Sole 2300 13800
Sumitomo Mitsui Finl Grp COM 86562M209 1311 209680 SH Sole 80 209600
Sun Comm Inc COM 866674104 774 21705 SH Sole 10605 11100
Sun Healthcare Group Inc COM 86677E100 753 53500 SH Sole 14200 39300
Sunstone Hotel Investors Inc COM 867892101 1239 121572 SH Sole 31172 90400
Susquehanna Bancshares COM 869099101 797 85200 SH Sole 85200
Symantec COM 871503108 3726 200942 SH Sole 200942
TJX Companies Inc COM 872540109 774 15554 SH Sole 15554
TPC Group Inc COM 89236Y104 1064 36826 SH Sole 11526 25300
TRW Automotive Hldgs COM 87264S106 10596 192368 SH Sole 160068 32300
Take-2 Interactive COM 874054109 203 13200 SH Sole 13200
Target Corp COM 87612E106 3003 60036 SH Sole 49032 11004
Telenav Inc COM 879455103 135 11328 SH Sole 11328
Teletech Holdings Inc COM 879939106 999 51526 SH Sole 16526 35000
Teradyne Inc COM 880770102 5309 298075 SH Sole 229175 68900
Tetra Technologies Inc COM 88162F105 983 63820 SH Sole 20620 43200
Thomas & Betts Corp COM 884315102 3218 54100 SH Sole 54100
Timberland Co - Cl A COM 887100105 298 7200 SH Sole 7200
Time Warner Cable Inc COM 88732J207 7916 110959 SH Sole 83659 27300
Timken Co COM 887389104 9877 188846 SH Sole 150446 38400
Tompkins Trustco Inc COM 890110109 269 6472 SH Sole 502 5970
Transatlantic Holdings Inc COM 893521104 1057 21716 SH Sole 21716
Trustco Bank Corp Com COM 898349105 359 60500 SH Sole 60500
Trustmark Corp COM 898402102 2256 96305 SH Sole 11105 85200
Tupperware Corp COM 899896104 1403 23488 SH Sole 9788 13700
Twin Disc Inc Com COM 901476101 1051 32610 SH Sole 7310 25300
Tyco Int'l Ltd Bermuda Shs COM H89128104 8794 196407 SH Sole 143907 52500
Tyson Food Inc COM 902494103 11403 594188 SH Sole 481976 112212
U Store It Trust COM 91274F104 1382 131338 SH Sole 40738 90600
UGI Corp COM 902681105 5438 165268 SH Sole 131768 33500
UMB Financial Corp COM 902788108 778 20800 SH Sole 20800
URS Corp COM 903236107 3881 84274 SH Sole 84274
US Airways Group Inc COM 90341W108 683 78404 SH Sole 56104 22300
USA Mobility Inc COM 90341G103 820 56600 SH Sole 14900 41700
Umpqua Holdings Corp COM 904214103 335 29200 SH Sole 29200
Unifirst Corp COM 904708104 1061 20010 SH Sole 5010 15000
Union First Market Bank COM 90662P104 285 25300 SH Sole 3600 21700
Unisource Energy Corp COM 909205106 503 13909 SH Sole 9 13900
Unisys Corp COM 909214306 2845 91118 SH Sole 61318 29800
United Online Inc COM 911268100 1069 169408 SH Sole 48308 121100
United Parcel Service COM 911312106 768 10332 SH Sole 10332
United Tech Co COM 913017109 1304 15396 SH Sole 15396
Unitedhealth Group Inc COM 91324P102 16777 371163 SH Sole 294613 76550
Vaalco Energy Inc New COM 91851C201 94 12000 SH Sole 12000
Valero Energy Corp COM 91913Y100 1719 57631 SH Sole 41131 16500
Validus Holdings Ltd COM G9319H102 603 18081 SH Sole 18081
Valueclick Inc COM 92046N102 841 58146 SH Sole 14046 44100
Venoco Inc COM 92275P307 293 17113 SH Sole 13 17100
Verizon Communications COM 92343V104 18794 487630 SH Sole 378624 109006
Viacom Cl B COM 92553P201 10050 216027 SH Sole 165532 50495
Virginia Commerce Bancorp Inc COM 92778Q109 360 62614 SH Sole 10614 52000
ViroPharma Incorporated COM 928241108 747 37510 SH Sole 12010 25500
Vishay Intertechnology COM 928298108 8785 495202 SH Sole 381062 114140
Vonage Holdings Corp COM 92886T201 904 198181 SH Sole 26881 171300
W & T Offshore Inc COM 92922P106 2565 112544 SH Sole 65244 47300
WSFS Financial Corp COM 929328102 335 7101 SH Sole 2201 4900
Waddell & Reid Finl A COM 930059100 695 17113 SH Sole 17113
Wal Mart Stores COM 931142103 14190 272611 SH Sole 202910 69701
Walgreen Co COM 931422109 6166 153605 SH Sole 153605
Walt Disney Productions COM 254687106 296 6858 SH Sole 6858
Walter Investment Management C COM 93317W102 912 56506 SH Sole 13206 43300
Warner Chilcott Plc Class A COM G94368100 5265 226334 SH Sole 147134 79200
Websense Inc COM 947684106 1338 58228 SH Sole 58228
Webster Fin'l Corp COM 947890109 928 43300 SH Sole 43300
Wells Fargo & Co COM 949746101 21049 663783 SH Sole 492712 171071
Wesbanco Inc COM 950810101 1072 51717 SH Sole 11917 39800
West Bancorporation COM 95123P106 132 16500 SH Sole 1500 15000
West Coast Bancorp/or COM 952145100 243 69900 SH Sole 69900
Western Refng Inc Com COM 959319104 1475 87020 SH Sole 19220 67800
Williams Clayton Energy COM 969490101 1524 14410 SH Sole 4810 9600
Winthrop Realty Trust COM 976391300 804 65600 SH Sole 16200 49400
Wintrust Finl Corp COM 97650W108 213 5793 SH Sole 5800
World Acceptance Corp COM 981419104 2641 40505 SH Sole 24905 15600
Wyndham Worlwide Corp COM 98310W108 3187 100171 SH Sole 100171
ABB Ltd ADR ADR 000375204 1145 47311 SH Sole 11 47300
Akzo Nobel - ADR ADR 010199305 1164 16902 SH Sole 2 16900
Allianz Se Sp ADR ADR 018805101 3134 222400 SH Sole 222400
Amcor Ltd Adr New ADR 02341R302 631 21607 SH Sole 7 21600
Arm Hldgs PLC ADR ADR 042068106 364 12900 SH Sole 12900
Astrazeneca Plc - ADR ADR 046353108 2751 59629 SH Sole 29 59600
Australia & New Zealand Bkg ADR 052528304 2221 89720 SH Sole 20 89700
BASF Se Spons ADR ADR 055262505 582 6700 SH Sole 6700
BG Group PLC Sp ADR ADR 055434203 238 1905 SH Sole 5 1900
Bae Sys Plc - ADR ADR 05523R107 2311 110346 SH Sole 46 110300
Bank East Asia Ltd Sponsored A ADR 061874103 457 107600 SH Sole 107600
Bank Montreal Que ADR 063671101 1054 16214 SH Sole 14 16200
Bank Nova Scotia Halifax ADR 064149107 2261 36815 SH Sole 15 36800
Boc Hong Kong Holdings Ltd Spo ADR 096813209 629 9607 SH Sole 7 9600
British Sky Broadcasting ADR ADR 111013108 1805 33919 SH Sole 19 33900
Bunzl Pub Ltd Co Spon Adr New ADR 120738406 281 4603 SH Sole 3 4600
Canon Inc - ADR ADR 138006309 2433 56118 SH Sole 18 56100
Centrica Plc Spon Adr New ADR 15639K300 945 44700 SH Sole 44700
Clp Holdings Ltd Sponsored Adr ADR 18946Q101 369 45569 SH Sole 69 45500
Compass Group Plc Spon Adr New ADR 20449X203 618 67900 SH Sole 67900
Dai Nippon Prtg Ltd Japan Spon ADR 233806306 1114 90865 SH Sole 65 90800
Daiwa Secs Group Inc Sponsored ADR 234064301 263 56300 SH Sole 56300
Danone - ADR ADR 23636T100 1929 146863 SH Sole 63 146800
Dassault Sys S A Sponsored Adr ADR 237545108 1059 13703 SH Sole 3 13700
Dbs Group Hldgs Ltd - ADR ADR 23304Y100 1385 29817 SH Sole 17 29800
Deutsche Lufthansa A G Sponsor ADR 251561304 496 23302 SH Sole 2 23300
Deutsche Telekom Ag Sponsored ADR 251566105 3157 204700 SH Sole 204700
E On Ag - ADR ADR 268780103 2793 91008 SH Sole 8 91000
Ericsson L M Tel Co Adr B Sek ADR 294821608 188 14600 SH Sole 14600
Etablissements Delhaize F ADR 29759W101 2533 31004 SH Sole 4 31000
Experian Plc Sponsored Adr ADR 30215C101 720 58446 SH Sole 46 58400
France Telecom - ADR ADR 35177Q105 2973 132055 SH Sole 55 132000
Fresenius Med Care Ag&Co ADR 358029106 2764 40927 SH Sole 27 40900
Gdf Suez - ADR ADR 36160B105 882 21506 SH Sole 6 21500
Glaxosmithkline Plc - ADR ADR 37733W105 3059 79636 SH Sole 36 79600
Hang Lung Pptys Ltd Sponsored ADR 41043M104 558 25106 SH Sole 6 25100
Hannover Rueckversicherungs Sp ADR 410693105 251 9202 SH Sole 2 9200
Henderson Ld Dev Ltd Sponsored ADR 425166303 203 29200 SH Sole 29200
Henkel Ag & Co Kgaa Sponsored ADR 42550U109 326 6200 SH Sole 6200
Hitachi Limited - ADR ADR 433578507 703 13600 SH Sole 13600
Honda Motor Ltd - ADR ADR 438128308 2447 65217 SH Sole 17 65200
Hoya Corp Sponsored Adr ADR 443251103 1068 46905 SH Sole 5 46900
Hsbc Hldgs Plc - ADR ADR 404280406 3969 76616 SH Sole 16 76600
ICAP PLC ADR ADR 450936109 204 12000 SH Sole 12000
International Pwr Plc Sponsore ADR 46018M104 302 6000 SH Sole 6000
J Sainsbury Plc Spon Adr New ADR 466249208 728 33913 SH Sole 13 33900
Kao Corp - ADR ADR 485537302 2080 83363 SH Sole 63 83300
Kingfisher Plc Spon ADR ADR 495724403 716 91500 SH Sole 91500
Komatsu Ltd Spon Adr New ADR 500458401 3037 89300 SH Sole 89300
Koninklijke Ahold N V - A ADR 500467402 2248 166978 SH Sole 78 166900
Kubota Corp - ADR ADR 501173207 1226 26017 SH Sole 17 26000
Kyocera Corp Adr ADR 501556203 1191 11800 SH Sole 11800
Linde Ag Sponsored Adr Le ADR 535223200 300 18729 SH Sole 29 18700
Luxottica Group ADR 55068R202 915 27900 SH Sole 27900
Makita Corp Adr New ADR 560877300 479 10200 SH Sole 10200
Marks & Spencer Group Plc Spon ADR 570912105 1249 115821 SH Sole 21 115800
Mitsubishi Ufj Finl Group I Sp ADR 606822104 3048 662576 SH Sole 176 662400
Mizuho Finl Group Inc Sponsore ADR 60687Y109 1197 360400 SH Sole 360400
Natl Australia Bk Ltd ADR 632525408 1282 48005 SH Sole 5 48000
Natl Grid Plc - ADR ADR 636274300 2961 61619 SH Sole 19 61600
Nestle S A - ADR ADR 641069406 4336 75430 SH Sole 30 75400
New World Develop Spons ADR ADR 649274305 41 11700 SH Sole 11700
Newcrest Mng Ltd - ADR ADR 651191108 2452 59216 SH Sole 16 59200
Nice Sys Ltd Sponsored Adr ADR 653656108 935 25310 SH Sole 10 25300
Nidec Corp Sponsored Adr ADR 654090109 1985 91740 SH Sole 40 91700
Nippon Teleg & Tel Corp - ADR 654624105 2429 107975 SH Sole 75 107900
Nippon Yusen Kabus - Spn ADR ADR 654633304 444 56400 SH Sole 56400
Nissan Motors - ADR ADR 654744408 1953 110630 SH Sole 30 110600
Nomura Hldgs Inc - ADR ADR 65535H208 360 69100 SH Sole 69100
Novartis A G - ADR ADR 66987V109 4095 75330 SH Sole 30 75300
Novo-Nordisk A S - ADR ADR 670100205 2470 19716 SH Sole 16 19700
Ntt Docomo Inc - ADR ADR 62942M201 2614 148604 SH Sole 104 148500
Orix Corp Sponsored ADR ADR 686330101 858 18407 SH Sole 7 18400
Panasonic Corp - ADR ADR 69832A205 2216 176002 SH Sole 102 175900
Partner Communications Co ADR 70211M109 655 34454 SH Sole 54 34400
Pearson Plc - ADR ADR 705015105 2580 144905 SH Sole 105 144800
Portugal Telecom Sgps S A ADR 737273102 491 42175 SH Sole 75 42100
Power Assets Hldgs -Spn ADR ADR 739197200 445 67444 SH Sole 144 67300
Publicis S A New Sponsored Adr ADR 74463M106 1839 65300 SH Sole 65300
Qiagen NV Ord ADR N72482107 1847 92100 SH Sole 92100
Randgold Res Ltd - ADR ADR 752344309 2155 26418 SH Sole 18 26400
Reed Elsevier P L C - ADR ADR 758205207 2010 58023 SH Sole 23 58000
Reed Elsevier Sponsored ADR ADR 758204200 1708 66123 SH Sole 23 66100
Rexam Plc - ADR ADR 761655406 640 21705 SH Sole 5 21700
Roche Hldg Ltd - ADR ADR 771195104 2029 56436 SH Sole 36 56400
Rolls Royce Group PLC ADR ADR 775781206 2054 41100 SH Sole 41100
Royal Dsm N V Spon Adr ADR 780249108 530 34308 SH Sole 8 34300
Royal Dutch Shell Plc [A] ADR 780259206 4797 65825 SH Sole 25 65800
Royal Kpn Nv Sponsored Adr ADR 780641205 1383 80607 SH Sole 7 80600
Rwe Ag - ADR ADR 74975E303 1931 30208 SH Sole 8 30200
Ryanair Hldgs Plc - ADR ADR 783513104 716 25723 SH Sole 23 25700
Sanofi Aventis - ADR ADR 80105N105 1160 32916 SH Sole 16 32900
Sap Ag - ADR ADR 803054204 3518 57330 SH Sole 30 57300
Scottish & Southern Energy Spo ADR 81012K309 1029 50236 SH Sole 36 50200
Sega Sammy Hldgs Inc Sponsored ADR 815794102 575 131768 SH Sole 68 131700
Sekisui House Ltd Sponsored Ad ADR 816078307 924 98031 SH Sole 31 98000
Shire Plc - ADR ADR 82481R106 2666 30622 SH Sole 22 30600
Shiseido Sponsored Adr ADR 824841407 826 47638 SH Sole 38 47600
Singapore Tele ADR 82929R304 1057 43808 SH Sole 8 43800
Sony Corp - ADR ADR 835699307 2029 63725 SH Sole 25 63700
Stora Enso Corp ADR ADR 86210M106 556 46612 SH Sole 12 46600
Sumitomo Tr & Bkg Ltd Sponsore ADR 865625206 886 163700 SH Sole 163700
Sun Hung Kai Pptys Ltd Sponsor ADR 86676H302 1162 73934 SH Sole 34 73900
Swisscom Ag Sponsored Adr ADR 871013108 1397 31322 SH Sole 22 31300
Syngenta Ag - ADR ADR 87160A100 3228 49528 SH Sole 28 49500
TDK Corp ADR ADR 872351408 255 4300 SH Sole 4300
Takeda Pharmaceutical Co Lt Sp ADR 874060205 1619 69153 SH Sole 53 69100
Telefonica S A - ADR ADR 879382208 713 28244 SH Sole 44 28200
Telstra Corp Ltd - ADR ADR 87969N204 744 51500 SH Sole 51500
Tesco Plc - ADR ADR 881575302 3012 162763 SH Sole 63 162700
Teva Pharmaceutical Inds ADR 881624209 2189 43631 SH Sole 31 43600
Tokio Marine Holdings Inc ADR 889094108 1785 66641 SH Sole 41 66600
Toronto Dominion ADR 891160509 2402 27111 SH Sole 11 27100
Total S A - ADR ADR 89151E109 2349 38518 SH Sole 18 38500
Toyota Motor Corp - ADR ADR 892331307 2545 31709 SH Sole 9 31700
Unilever N V - ADR ADR 904784709 2109 67226 SH Sole 28 67198
Unilever Plc - ADR ADR 904767704 2113 68982 SH Sole 49 68933
United Overseas Bk Ltd Sponsor ADR 911271302 787 26500 SH Sole 26500
United Utilities Group Pl ADR 91311E102 953 50020 SH Sole 20 50000
Veolia Environ ADR ADR 92334N103 1144 36700 SH Sole 36700
Vodafone Group Plc New - ADR 92857W209 4794 166737 SH Sole 37 166700
WPP Plc ADR ADR 92933H101 1532 24800 SH Sole 24800
Westpac Bkg Corp - ADR ADR 961214301 2978 23804 SH Sole 4 23800
Wolters Kluwer N V Sponsored A ADR 977874205 1076 46002 SH Sole 2 46000
Zurich Finl Svcs - ADR ADR 98982M107 3129 111330 SH Sole 30 111300
REPORT SUMMARY 611 DATA RECORDS 1639646 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED