The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Acxiom Corp COM 005125109 10,400 526,319 SH   OTR 1 296,646 229,673 0
Altria Group Inc COM 02209s103 675 12,400 SH   OTR 1 0 12,400 0
American Express Co COM 025816109 7,594 102,443 SH   OTR 1 59,223 43,220 0
Amgen Inc COM 031162100 2,360 17,061 SH   OTR 1 0 17,061 0
AmSurg Corp COM 03232p405 241 3,093 SH   OTR 1 1,928 1,165 0
Annaly Cap Mgmt Inc COM 035710409 197 20,000 SH   OTR 1 0 20,000 0
Anthem Inc COM 036752103 5,959 42,560 SH   OTR 1 24,363 18,197 0
Assured Guaranty Ltd COM g0585r106 8,453 338,098 SH   OTR 1 191,997 146,101 0
Bank Amer Corp COM 060505104 4,641 297,892 SH   OTR 1 169,325 128,567 0
Bank New York Mellon Corp COM 064058100 1,409 36,000 SH   OTR 1 0 36,000 0
Berkshire Hathaway Inc Del CL A 084670108 1,171 6 SH   OTR 1 0 6 0
Blackhawk Network Hldgs Inc COM 09238e104 12,265 289,333 SH   OTR 1 162,993 126,340 0
Brookdale Sr Living Inc COM 112463104 5,252 228,758 SH   OTR 1 130,977 97,781 0
Carmike Cinemas Inc COM 143436400 2,958 147,231 SH   OTR 1 84,848 62,383 0
Citigroup Inc COM NEW 172967424 4,713 94,999 SH   OTR 1 51,637 43,362 0
Citizens Finl Group Inc COM 174610105 5,118 214,495 SH   OTR 1 124,753 89,742 0
Coca-Cola Co COM 191216100 321 8,000 SH   OTR 1 0 8,000 0
Dolby Laboratories Inc COM 25659t107 8,877 272,310 SH   OTR 1 154,418 117,892 0
Expeditors Intl Wash Inc COM 302130109 8,014 170,336 SH   OTR 1 99,684 70,652 0
General Electric Co COM 369604103 440 17,460 SH   OTR 1 0 17,460 0
Google Inc CL A 38259p508 11,031 17,279 SH   OTR 1 10,028 7,251 0
Google Inc CL C 38259p706 1,540 2,533 SH   OTR 1 908 1,625 0
Hasbro Inc COM 418056107 2,310 32,017 SH   OTR 1 0 32,017 0
Integrated Device Technology COM 458118106 8,970 441,883 SH   OTR 1 247,848 194,035 0
Interxion Holding NV SHS n47279109 8,335 307,805 SH   OTR 1 177,304 130,501 0
JPMorgan Chase & Co COM 46625h100 4,926 80,787 SH   OTR 1 44,891 35,896 0
Level 3 Communications Inc COM NEW 52729n308 8,953 204,911 SH   OTR 1 115,930 88,981 0
Liberty Global PLC SHS CL C g5480u120 9,807 239,086 SH   OTR 1 139,021 100,065 0
Madison Square Garden Co CL A 55826p100 443 6,143 SH   OTR 1 0 6,143 0
McDonalds Corp COM 580135101 6,225 63,176 SH   OTR 1 37,324 25,852 0
MFA Finl Inc COM 55272x102 7,009 1,027,799 SH   OTR 1 559,559 468,240 0
Microsoft Corp COM 594918104 12,308 278,100 SH   OTR 1 157,419 120,681 0
Mosaic Co New COM 61945c103 5,168 166,112 SH   OTR 1 97,113 68,999 0
National Oilwell Varco Inc COM 637071101 3,407 90,493 SH   OTR 1 53,274 37,219 0
Nielsen Holdings PLC SHS EUR g6518l108 12,074 271,518 SH   OTR 1 153,711 117,807 0
Philip Morris Intl Inc COM 718172109 587 7,400 SH   OTR 1 0 7,400 0
Qualcomm Inc COM 747525103 236 4,390 SH   OTR 1 0 4,390 0
Ralph Lauren Corp CL A 751212101 5,753 48,680 SH   OTR 1 28,329 20,351 0
Realogy Hldgs Corp COM 75605y106 9,021 239,737 SH   OTR 1 136,039 103,698 0
Schein Henry Inc COM 806407102 169,661 1,278,335 SH   OTR 1 0 1,278,335 0
Seagate Technology PLC SHS g7945m107 1,530 34,155 SH   OTR 1 0 34,155 0
Sonic Automotive Inc CL A 83545g102 6,707 328,435 SH   OTR 1 195,123 133,312 0
SPDR S&P 500 ETF TR TR UNIT 78462f103 722 3,769 SH   OTR 1 0 3,769 0
Varian Med Sys Inc COM 92220p105 266 3,600 SH   OTR 1 0 3,600 0
Verizon Communications Inc COM 92343v104 227 5,220 SH   OTR 1 0 5,220 0
Yahoo Inc COM 984332106 656 22,701 SH   OTR 1 0 22,701 0