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
AAR Corp. COM 000361105 4,099 169,750 SH   SOLE   147,699 1,280 20,771
Aarons Inc COM 002535300 7,181 295,260 SH   SOLE   256,700 1,800 36,760
ABB LTD SPON ADR COM 000375204 5,746 256,384 SH   SOLE   29,173 85,675 141,536
ABM INDUSTRIES INC COM 000957100 5,488 213,605 SH   SOLE   186,235 1,120 26,250
Ace Limited COM H0023R105 49 471 SH   SOLE   471 0 0
Aegion Corp COM 00770f104 4,069 182,858 SH   SOLE   158,345 1,090 23,423
Aegon Nv COM 007924103 6,177 751,403 SH   SOLE   86,483 250,273 414,647
AES CORP COMMON STOCK USD.01 COM 00130H105 140 9,904 SH   SOLE   9,904 0 0
AETNA INC NEW COM 00817y108 512 6,321 SH   SOLE   6,321 0 0
AFLAC INC COMMON STOCK USD.1 COM 001055102 2,021 34,693 SH   SOLE   30,938 3,577 178
AGCO Corp. COM 001084102 91 1,999 SH   SOLE   1,999 0 0
Agilent Technologies Inc COM 00846U101 137 2,411 SH   SOLE   490 1,921 0
AGL RESOURCES INC COMMON STOCK USD5.0 COM 001204106 91 1,777 SH   SOLE   1,777 0 0
AGRIUM INC COMMON STOCK NPV COM 008916108 6,247 70,186 SH   SOLE   11,617 22,788 35,781
AIRCASTLE LTD COM G0129k104 10,165 621,302 SH   SOLE   540,539 3,227 77,536
Alaska Air Group Inc. COM 011659109 88 2,028 SH   SOLE   2,028 0 0
ALLIANT TECHSYSTEMS INC COM 018804104 10,641 83,365 SH   SOLE   72,490 400 10,475
Allianz SE - ADR (1 to 1/10 ALV GR) COM 018805101 5,400 334,959 SH   SOLE   39,385 109,209 186,365
ALLIED WORLD ASSUR NEW F COM H01531104 9,001 244,326 SH   SOLE   237,512 1,668 5,146
ALLSTATE CORPORATION COM 020002101 2,025 33,000 SH   SOLE   26,906 5,900 194
ALTRIA GROUP INC COM 02209s103 393 8,550 SH   SOLE   8,550 0 0
America Movil-ADR Series L COM 02364w105 5,849 232,123 SH   SOLE   27,162 78,231 126,730
AMERICAN AIRLINES GROUP INC> COM 02376R102 1,060 29,872 SH   SOLE   25,218 4,432 222
American Axle & Mfg Hldgs COM 024061103 11,011 656,603 SH   SOLE   571,246 3,870 81,487
AMERICAN CAPITAL AGENCY CORP COM 02503x105 49 2,310 SH   SOLE   2,310 0 0
American Financial Group Inc. COM 025932104 93 1,611 SH   SOLE   1,611 0 0
American International Group COM 026874784 300 5,562 SH   SOLE   5,562 0 0
AMERIPRISE FINANCIAL INC COMMON STOCK USD. COM 03076C106 162 1,313 SH   SOLE   270 1,043 0
AMN ELEC POWER CO COM 025537101 385 7,367 SH   SOLE   5,277 2,090 0
ANADARKO PETROLEUM CORP COM 032511107 2,478 24,424 SH   SOLE   21,552 2,734 138
Anglo American PLC-UNSP ADR COM 03485p201 31 2,810 SH   SOLE   2,810 0 0
Annaly Mtg Mgmt Inc. COM 035710409 51 4,750 SH   SOLE   4,750 0 0
APACHE CORP COM 037411105 440 4,683 SH   SOLE   4,683 0 0
APOLLO GROUP INC CL A COMMON STOCK NPV COM 037604105 59 2,343 SH   SOLE   2,343 0 0
APOLLO RESIDENTIAL MORTGAGE COM 03763V102 4,159 269,570 SH   SOLE   233,980 1,640 33,950
Apple Computer COM 037833100 1,765 17,517 SH   SOLE   15,372 2,038 107
ARRIS GROUP INC COMMON STOCK USD.01 COM 04270V106 6,372 224,738 SH   SOLE   193,971 1,406 29,361
ARROW ELECTRONICS INC COMMON STOCK USD1.0 COM 042735100 237 4,287 SH   SOLE   2,136 2,151 0
Ashford Hospitality Prime, Inc. COM 044102101 2,240 147,090 SH   SOLE   127,234 860 18,996
Ashford Hospitality Trust COM 044103109 5,386 526,995 SH   SOLE   457,020 3,200 66,775
ASPEN INSURANCE HOLDINGF COM G05384105 8,952 209,310 SH   SOLE   182,565 1,110 25,635
Associated Banc Corp COM 045487105 11,429 656,075 SH   SOLE   568,800 3,300 83,975
ASSOCIATED ESTATE RLTY COM COM 045604105 4,419 252,367 SH   SOLE   217,966 1,490 32,911
ASSURANT INC COMMON STOCK USD.01 COM 04621X108 93 1,448 SH   SOLE   1,448 0 0
ASTRAZENECA PLC ADR F SPONSORED ADR 1 ADR COM 046353108 8,359 117,003 SH   SOLE   36,114 32,718 48,171
AT& T INC COM 00206r102 1,918 54,436 SH   SOLE   47,087 6,996 353
ATWOOD OCEANICS INC COM 050095108 9,000 206,006 SH   SOLE   179,714 938 25,354
Australia & New Zealand Banking Group Ltd. COM 052528304 70 2,593 SH   SOLE   2,593 0 0
Avista Corp. COM 05379B107 59 1,936 SH   SOLE   1,936 0 0
AVIVA PLC-SPON ADR COM 05382A104 36 2,142 SH   SOLE   2,142 0 0
Avnet Inc Com COM 053807103 91 2,194 SH   SOLE   2,194 0 0
AXA-SPONS ADR COM 054536107 60 2,419 SH   SOLE   2,419 0 0
AXIS CAPITAL HOLDINGS LTD COMMON STOCK USD COM G0692U109 148 3,137 SH   SOLE   650 2,487 0
Bae Sys Plc Spn Adr COM 05523r107 6,183 201,613 SH   SOLE   23,951 65,584 112,078
Banco Bilbao Vizcaya - ADR COM 05946K101 5,968 497,317 SH   SOLE   55,930 162,487 278,900
BANCO DO BRASIL SA-SPON ADR COM 059578104 20 1,964 SH   SOLE   1,964 0 0
BANCO SANT SA ADR COM 05964H105 5,789 609,334 SH   SOLE   67,481 201,246 340,607
BANCORPSOUTH INC COM 059692103 7,207 357,856 SH   SOLE   310,113 2,108 45,635
BANK OF AMERICA CORP COM 060505104 2,157 126,534 SH   SOLE   111,319 14,485 730
Bank of Montreal COM 063671101 26 358 SH   SOLE   358 0 0
Bank Of New York Mellon Corp. COM 064058100 2,033 52,480 SH   SOLE   45,708 6,448 324
Bank of Nova Scotia COM 064149107 24 394 SH   SOLE   394 0 0
Barclays PLC- ADR COM 06738E204 3,975 268,430 SH   SOLE   45,522 5,788 217,120
BARNES GROUP INC COM 067806109 6,000 197,703 SH   SOLE   172,076 1,195 24,432
BARRICK GOLD CORPORATION COM 067901108 20 1,394 SH   SOLE   1,394 0 0
BASF S.E. COM 055262505 5,598 61,138 SH   SOLE   7,290 20,468 33,380
Baxter International Inc COM 071813109 244 3,397 SH   SOLE   3,397 0 0
BB+T CORP COMMON STOCK USD5.0 COM 054937107 1,674 45,000 SH   SOLE   38,839 5,866 295
BBCN Bancorp Inc COM 073295107 63 4,285 SH   SOLE   4,285 0 0
Bed Bath & Beyond Inc. COM 075896100 251 3,811 SH   SOLE   2,682 1,129 0
Bellatrix Exploration Ltd. COM 078314101 5,317 864,530 SH   SOLE   750,420 4,990 109,120
BEST BUY CO INC COM 086516101 131 3,900 SH   SOLE   3,900 0 0
BHP BILLITON LTD ADR F SPONSORED ADR 1 ADR COM 088606108 6,669 113,272 SH   SOLE   30,933 32,359 49,980
BIG LOTS INC COMMON STOCK USD.01 COM 089302103 3,524 81,855 SH   SOLE   70,995 490 10,370
Blackstone Group LP COM 09253u108 52 1,653 SH   SOLE   1,653 0 0
Blue Hills Bancorp Inc. COM 095573101 5,457 415,960 SH   SOLE   362,100 2,510 51,350
BMW-UNSPONSORED ADR COM 072743206 28 771 SH   SOLE   771 0 0
BOEING CO COMMON STOCK USD5.0 COM 097023105 252 1,975 SH   SOLE   1,975 0 0
BP PLC ADR F SPONSORED ADR 1 ADR REP 6 ORD COM 055622104 6,273 142,725 SH   SOLE   26,489 44,004 72,232
Brady Corp WI CL A COM 104674106 3,153 140,503 SH   SOLE   122,740 680 17,083
Brandywine Rlty Tr Sh Ben Int New COM 105368203 8,342 592,915 SH   SOLE   514,585 3,620 74,710
BRIDGESTONE CORP UNSPONSORED ADR COM 108441205 36 2,216 SH   SOLE   2,216 0 0
BRINKER INTL INC COM 109641100 11,966 235,595 SH   SOLE   205,110 1,225 29,260
BRINKS CO COM 109696104 7,565 314,694 SH   SOLE   273,679 1,050 39,965
Brocade Communications COM 111621306 10,153 934,059 SH   SOLE   805,738 5,535 122,786
BT Group PLC - SPON ADR COM 05577e101 34 546 SH   SOLE   546 0 0
C A C I INC CL A COM 127190304 62 869 SH   SOLE   869 0 0
C B L & ASSOC PROPERTIES REIT COM 124830100 6,645 371,252 SH   SOLE   325,660 1,625 43,967
CA INC COMMON STOCK USD.1 COM 12673P105 1,914 68,507 SH   SOLE   57,563 10,600 344
Cabot Corp. COM 127055101 8,280 163,086 SH   SOLE   141,579 1,017 20,490
Canon Inc- ADR COM 138006309 6,255 191,941 SH   SOLE   21,804 64,065 106,072
CAPITAL ONE FINANCIAL CORP COMMON STOCK US COM 14040H105 304 3,720 SH   SOLE   3,720 0 0
Capstead Mortgage Cp New COM 14067e506 58 4,758 SH   SOLE   4,758 0 0
CARNIVAL CORP NEW F PAIRED STK SPECIAL VTG COM 143658300 44 1,100 SH   SOLE   1,100 0 0
CASH AMERICA INTL INC COM 14754D100 64 1,451 SH   SOLE   1,451 0 0
CATERPILLAR INC COMMON STOCK USD1.0 COM 149123101 1,595 16,108 SH   SOLE   13,531 2,453 124
Celanese Corp. - Series A COM 150870103 49 833 SH   SOLE   833 0 0
CELESTICA SUB VTG SHS COM 15101Q108 3,102 305,640 SH   SOLE   271,330 2,825 31,485
Cemig SA-Spons ADR COM 204409601 5,246 842,056 SH   SOLE   92,452 284,243 465,361
CENTRAL JAPAN RAI-UNSPON ADR COM 153766100 37 2,751 SH   SOLE   2,751 0 0
Centrica PlC COM 15639k300 34 1,700 SH   SOLE   1,700 0 0
CENTURYLINK INC COMMON STOCK USD1.0 COM 156700106 314 7,672 SH   SOLE   7,672 0 0
CF INDUSTRIES HOLDINGS INC COMMON STOCK US COM 125269100 168 603 SH   SOLE   603 0 0
CHARLES RIVER LABORATORIES COMMON STOCK US COM 159864107 6,646 111,247 SH   SOLE   96,340 675 14,232
Chemical Financial Corp. COM 163731102 1,602 59,562 SH   SOLE   51,774 200 7,588
CHESAPEAKE ENERGY CORP COM 165167107 1,939 84,330 SH   SOLE   72,190 11,742 398
Cheung Kong Hldg Adr COM 166744201 19 1,187 SH   SOLE   1,187 0 0
CHEVRON CORP COM 166764100 432 3,617 SH   SOLE   3,617 0 0
CHINA CONSTRUCTION-UNSPON ADR COM 168919108 44 3,165 SH   SOLE   3,165 0 0
China Mobile LTD Spn ADR COM 16941m109 6,688 113,839 SH   SOLE   14,080 41,615 58,144
CHINA PETE & CHEM CORP SPON ADR H SHS COM 16941r108 42 480 SH   SOLE   480 0 0
CHUBB CORP COM 171232101 390 4,281 SH   SOLE   4,281 0 0
CIA Vale Do Rio Doce - ADR COM 91912e105 5,238 475,736 SH   SOLE   54,825 158,362 262,549
CIGNA CORP COMMON STOCK USD.25 COM 125509109 494 5,442 SH   SOLE   3,850 1,592 0
Cirrus Logic Inc. COM 172755100 56 2,702 SH   SOLE   2,702 0 0
Cisco Systems Inc. COM 17275R102 2,528 100,423 SH   SOLE   89,599 10,302 522
CITIGROUP INC COM 172967424 2,061 39,777 SH   SOLE   35,550 4,024 203
Cliffs Natural Resources Inc COM 18683k101 48 4,596 SH   SOLE   4,596 0 0
Clifton Bancorp Inc. COM 186873105 4,780 379,690 SH   SOLE   329,170 2,300 48,220
CNA Financial Corp COM 126117100 51 1,338 SH   SOLE   1,338 0 0
CNOOC LTD ADR COM 126132109 6,337 36,726 SH   SOLE   4,374 12,419 19,933
Coach Inc. COM 189754104 424 11,904 SH   SOLE   11,904 0 0
COEUR D ALENE MINES CORP COMMON STOCK USD. COM 192108504 2,925 589,766 SH   SOLE   510,052 3,700 76,014
COMERICA INC COM COM 200340107 160 3,207 SH   SOLE   660 2,547 0
Community Health System New COM 203668108 158 2,881 SH   SOLE   600 2,281 0
COMPUTER SCIENCES CORP COMMON STOCK USD1.0 COM 205363104 164 2,687 SH   SOLE   560 2,127 0
CONOCOPHILLIPS COM 20825c104 2,828 36,964 SH   SOLE   32,642 4,118 204
Consolidated Edison Inc. COM 209115104 249 4,400 SH   SOLE   4,400 0 0
Cooper Tire And Rubber COM 216831107 6,720 234,145 SH   SOLE   203,575 1,410 29,160
CORNING INC COMMON STOCK USD.5 COM 219350105 1,572 81,291 SH   SOLE   68,248 12,420 623
Corrections Corp Of America COM 22025Y407 156 4,526 SH   SOLE   930 3,596 0
CRANE CO COMMON STOCK USD1.0 COM 224399105 8,322 131,649 SH   SOLE   111,642 2,332 17,675
CREDIT AGRICOLE SA-UNSP ADR COM 225313105 63 8,511 SH   SOLE   8,511 0 0
Credit Suisse Grp Spons- ADR COM 225401108 6,075 219,797 SH   SOLE   25,177 74,545 120,075
CSG Systems Intl COM 126349109 3,512 133,635 SH   SOLE   115,860 775 17,000
CST Brands INC COM 12646r105 7,831 217,839 SH   SOLE   189,164 1,360 27,315
CSX Corp COM 126408103 1,630 50,843 SH   SOLE   42,692 7,761 390
CTC Media Inc COM 12642x106 6,682 1,004,807 SH   SOLE   470,834 176,841 357,132
D S T SYSTEMS INC COM 233326107 7,920 94,370 SH   SOLE   81,310 600 12,460
DAIMLER AG-REGISTERED SHARES COM D1668R123 27 351 SH   SOLE   351 0 0
Darden Restaurants Inc. COM 237194105 133 2,586 SH   SOLE   540 2,046 0
DEERE + CO COMMON STOCK USD1.0 COM 244199105 299 3,650 SH   SOLE   3,650 0 0
Delhaize Le Lion S A Adr COM 29759w101 5,753 332,716 SH   SOLE   37,556 111,519 183,641
DELTA AIR LINES INC COM 247361702 285 7,874 SH   SOLE   7,874 0 0
DENBURY RESOURCES INC COMMON STOCK USD.001 COM 247916208 216 14,368 SH   SOLE   7,628 6,740 0
Denso CP Unsponsored ADR COM 24872B100 40 1,750 SH   SOLE   1,750 0 0
Deutsche Bank AG REG COM D18190898 2,699 77,410 SH   SOLE   19,357 58,053 0
DEUTSCHE POST AG SPONS ADR COM 25157Y202 29 904 SH   SOLE   904 0 0
DEVON ENERGY CP NEW COM 25179m103 2,756 40,420 SH   SOLE   35,551 4,638 231
DIAMOND OFFSHORE DRILLING COMMON STOCK USD COM 25271C102 80 2,325 SH   SOLE   2,325 0 0
DISCOVER FINANCIAL SERVICES COMMON STOCK U COM 254709108 312 4,841 SH   SOLE   4,841 0 0
DISNEY WALT CO COM 254687106 42 470 SH   SOLE   470 0 0
Donnelley (R R) & Sons Co COM 257867101 455 27,614 SH   SOLE   27,614 0 0
DUKE REALTY CORP REIT USD.01 COM 264411505 146 8,500 SH   SOLE   1,760 6,740 0
Eastman Chemical Co COM 277432100 143 1,766 SH   SOLE   1,766 0 0
Eaton Corporation PLC Ordinary COM G29183103 127 2,000 SH   SOLE   2,000 0 0
EDF-UNSPON ADR COM 285039103 62 9,461 SH   SOLE   9,461 0 0
EDISON INTERNATIONAL COMMON STOCK NPV COM 281020107 242 4,324 SH   SOLE   4,324 0 0
ELI LILLY & CO COM 532457108 58 900 SH   SOLE   900 0 0
EMCOR GROUP INC COM 29084Q100 4,570 114,355 SH   SOLE   99,705 625 14,025
EMERSON ELECTRIC CO COM 291011104 20 325 SH   SOLE   325 0 0
Encana Corp COM 292505104 51 2,392 SH   SOLE   2,392 0 0
ENCORE CAP GROUP INC COM COM 292554102 62 1,388 SH   SOLE   1,388 0 0
ENDURANCE SPECALTY HLDGF COM G30397106 8,776 159,035 SH   SOLE   139,069 1,003 18,963
ENERGIZER HOLDINGS INC COMMON STOCK USD.01 COM 29266R108 167 1,356 SH   SOLE   290 1,066 0
ENERGY XXI BERMUDA COM G10082140 4,474 394,210 SH   SOLE   341,675 2,430 50,105
ENERSYS COM 29275Y102 5,585 95,245 SH   SOLE   82,555 565 12,125
Entergy Corp COM 29364G103 150 1,945 SH   SOLE   1,945 0 0
ERICSSON LM TEL CL B ADR COM 294821608 39 3,111 SH   SOLE   3,111 0 0
ESTERLINE TECH CORP COM 297425100 6,770 60,846 SH   SOLE   52,505 340 8,001
EXELIS INC COM 30162A108 58 3,508 SH   SOLE   3,508 0 0
EXELON CORP COMMON STOCK NPV COM 30161N101 311 9,117 SH   SOLE   9,117 0 0
EXXON MOBIL CORP COMMON STOCK NPV COM 30231G102 293 3,111 SH   SOLE   3,111 0 0
FEDERATED INVESTORS INC CL B COMMON STOCK COM 314211103 4,101 139,664 SH   SOLE   120,858 807 17,999
FEDEX CORPORATION COM 31428x106 1,754 10,865 SH   SOLE   9,246 1,542 77
FIFTH THIRD BANCORP COM 316773100 2,251 112,424 SH   SOLE   95,114 16,747 563
First Horizon National Corp COM 320517105 9,687 788,860 SH   SOLE   688,705 5,080 95,075
First Midwest Bancorp, Inc. COM 320867104 3,636 225,970 SH   SOLE   196,975 1,025 27,970
First Niagara Financial Group COM 33582V108 8,430 1,012,050 SH   SOLE   883,463 5,891 122,696
FIRSTENERGY CORP COMMON STOCK USD.1 COM 337932107 148 4,411 SH   SOLE   4,411 0 0
FIRSTMERIT CORP COM 337915102 6,310 358,530 SH   SOLE   306,453 2,300 49,777
Ford Motor Co COM 345370860 1,996 134,988 SH   SOLE   120,288 13,986 714
Foster (LB) Co. - Class A COM 350060109 1,646 35,824 SH   SOLE   31,175 189 4,460
FREEPORT MCMORAN COPPER COMMON STOCK USD.1 COM 35671D857 269 8,238 SH   SOLE   8,238 0 0
FRONTIER COMMUNICATIONS CORP COM 35906a108 3 468 SH   SOLE   468 0 0
FULTON FINANCIAL CORP COM 360271100 7,753 699,704 SH   SOLE   607,259 4,125 88,320
GAMESTOP CORP CLASS A COMMON STOCK USD.001 COM 36467W109 88 2,148 SH   SOLE   2,148 0 0
GAS NATURAL SDG-UNSPON ADR COM 367205200 74 12,596 SH   SOLE   12,596 0 0
Gazprom OAO COM 368287207 5,897 844,808 SH   SOLE   97,793 278,893 468,122
GENERAL ELECTRIC COMPANY COM 369604103 1,435 55,997 SH   SOLE   47,263 8,321 413
General Motors COM 37045V100 288 9,008 SH   SOLE   9,008 0 0
Genworth FINL INC. COM COM 37247d106 137 10,445 SH   SOLE   10,445 0 0
GEO GROUP INC COM 36162J106 7,553 197,630 SH   SOLE   171,566 1,200 24,864
Gilead Sciences, Inc. COM 375558103 254 2,388 SH   SOLE   2,388 0 0
Glaxosmitkhline Plc-Sp Adr COM 37733W105 61 1,328 SH   SOLE   1,328 0 0
Global Brass & Copper Holding COM 37953G103 2,937 200,175 SH   SOLE   173,350 1,180 25,645
GOLDMAN SACHS GROUP INC COM 38141g104 2,188 11,919 SH   SOLE   10,631 1,227 61
GOODYEAR TIRE + RUBBER CO COMMON STOCK NPV COM 382550101 87 3,852 SH   SOLE   3,852 0 0
Grahamn Holdings Co-Class B COM 384637104 94 135 SH   SOLE   135 0 0
Gran Tierra Energy Inc. COM 38500T101 5,738 1,035,760 SH   SOLE   899,660 6,220 129,880
HALLIBURTON CO COMMON STOCK USD2.5 COM 406216101 1,521 23,579 SH   SOLE   20,772 2,670 137
Hancock Hldg Co Com COM 410120109 9,519 296,995 SH   SOLE   259,085 1,570 36,340
HANG SENG BANK-SPONS ADR COM 41043C304 21 1,323 SH   SOLE   1,323 0 0
HANOVER INSURANCE GROUP COM 410867105 13,394 218,066 SH   SOLE   190,936 1,150 25,980
HARRIS CORP COMMON STOCK USD1.0 COM 413875105 1,977 29,780 SH   SOLE   24,462 5,158 160
HARTFORD FINL SVCS GRP COM 416515104 2,589 69,497 SH   SOLE   58,445 10,726 326
Hawaiian Elec. Inds COM 419870100 9,200 346,526 SH   SOLE   296,400 6,361 43,765
HCC INSURANCE HOLDINGS INC COMMON STOCK US COM 404132102 94 1,956 SH   SOLE   1,956 0 0
HELEN OF TROY LTD F COM G4388N106 7,184 136,778 SH   SOLE   118,573 830 17,375
HEWLETT PACKARD CO COMMON STOCK USD.01 COM 428236103 2,211 62,340 SH   SOLE   55,531 6,479 330
Hillenbrand Inc COM 431571108 4,390 142,106 SH   SOLE   123,889 770 17,447
Hill-Rom Holdings Inc COM 431475102 9,573 231,055 SH   SOLE   200,077 1,390 29,588
HITACHI LTD -ADR COM 433578507 41 536 SH   SOLE   536 0 0
Home Loan Servicing Solutions COM G6648D109 8,765 413,648 SH   SOLE   360,983 2,360 50,305
Honda Motor Co LTD COM 438128308 39 1,143 SH   SOLE   1,143 0 0
Horace Mann Eductrs Corp COM 440327104 62 2,161 SH   SOLE   2,161 0 0
HOSPITALITY PPTYS TRUST BENEFICIAL INTERES COM 44106M102 7,229 269,239 SH   SOLE   221,370 5,432 42,437
HSBC Hldgs PLC Spons-ADR COM 404280406 5,758 113,169 SH   SOLE   13,606 38,217 61,346
Huntington Bancshares In COM 446150104 148 15,250 SH   SOLE   15,250 0 0
HUNTINGTON INGALLS INDUSTRIE COM 446413106 14 133 SH   SOLE   133 0 0
Huntsman Corp COM 447011107 177 6,801 SH   SOLE   1,410 5,391 0
Hyster-Yale Materials Class A COM 449172105 4,232 59,092 SH   SOLE   51,421 360 7,311
Icahn Enterprises LP COM 451100101 56 533 SH   SOLE   533 0 0
IDACORP INCORPORATED COM 451107106 10,097 188,335 SH   SOLE   164,480 750 23,105
Imperial Tobacco Group PLC COM 453142101 34 392 SH   SOLE   392 0 0
Independent Bk Cp Mass Com COM 453836108 2,064 57,770 SH   SOLE   50,465 150 7,155
Info Systems Tech LTD ADR COM 456788108 7,066 116,815 SH   SOLE   13,326 38,914 64,575
ING GP NV SPSD ADR COM 456837103 5,868 413,558 SH   SOLE   49,033 135,648 228,877
Ingram Micro Inc COM 457153104 8,644 334,913 SH   SOLE   287,511 2,000 45,402
Integra Hldgs Corp. COM 457985208 5,831 117,456 SH   SOLE   102,330 611 14,515
International Bncshrs Com COM 459044103 2,741 111,148 SH   SOLE   97,708 217 13,223
International Paper COM 460146103 247 5,168 SH   SOLE   5,168 0 0
INTL BUSINESS MACHINES CORP COMMON STOCK U COM 459200101 2,192 11,547 SH   SOLE   10,283 1,203 61
INTL GAME TECHNOLOGY COMMON STOCK USD.0001 COM 459902102 547 32,397 SH   SOLE   24,875 7,522 0
Invesco Ltd COM g491bt108 160 4,061 SH   SOLE   850 3,211 0
Ishares Tr Russell 2000 COM 464287655 1,644 15,032 SH   SOLE   11,078 620 3,334
ITAU UNIBANCO HLDNG-PREF ADR COM 465562106 6,034 434,695 SH   SOLE   50,835 142,868 240,992
ITOCHU CORP UNSPONSORED ADR COM 465717106 38 1,559 SH   SOLE   1,559 0 0
ITRON INC COM 465741106 4,958 126,126 SH   SOLE   109,451 770 15,905
JABIL CIRCUIT INC COM 466313103 403 19,970 SH   SOLE   19,970 0 0
Janus Capital Group, Inc. COM 47102x105 4,327 297,580 SH   SOLE   240,780 1,740 55,060
Johnson Controls Inc. COM 478366107 233 5,305 SH   SOLE   5,305 0 0
JPMORGAN CHASE & CO COM 46625h100 2,383 39,566 SH   SOLE   35,622 3,757 187
KB Financial Group Inc-ADR COM 48241a105 6,502 179,521 SH   SOLE   20,303 60,075 99,143
KB Home Com COM 48666K109 3,988 266,950 SH   SOLE   232,100 1,640 33,210
KBR Inc. COM 48242W106 82 4,345 SH   SOLE   890 3,455 0
Keycorp COM 493267108 2,044 153,348 SH   SOLE   126,459 26,069 820
KINROSS GOLD CORP COM 496902404 2,237 677,999 SH   SOLE   79,860 226,571 371,568
KLA-TENCOR Corp COM 482480100 102 1,291 SH   SOLE   270 1,021 0
Kohls Corp. COM 500255104 2,166 35,487 SH   SOLE   29,423 5,865 199
Komatsu New COM 500458401 6,718 290,066 SH   SOLE   34,331 94,967 160,768
Koninklijke Philips Electronics N.V. Adr COM 500472303 33 1,044 SH   SOLE   1,044 0 0
Koppers COM 50060P106 3,763 113,481 SH   SOLE   98,375 690 14,416
KROGER CO COMMON STOCK USD1.0 COM 501044101 388 7,468 SH   SOLE   7,468 0 0
KUBOTA CORP SPONS ADR COM 501173207 46 588 SH   SOLE   588 0 0
Kulicke & Soffa Industries COM 501242101 10,256 720,725 SH   SOLE   624,930 4,202 91,593
L 3 COMMUNICATIONS HLDGS INC COMMON STOCK COM 502424104 2,443 20,547 SH   SOLE   17,200 3,237 110
Lakeland Financial Corp. COM 511656100 2,369 63,185 SH   SOLE   55,245 150 7,790
Lear Corp. COM 521865204 214 2,476 SH   SOLE   973 1,503 0
LEXMARK INTL INC CL A CLASS A COM 529771107 55 1,294 SH   SOLE   1,294 0 0
LIFEPOINT HOSPITALS INC COM 53219L109 4,161 60,141 SH   SOLE   52,141 445 7,555
LIFETIME FITNESS COM 53217R207 9,028 178,990 SH   SOLE   155,620 1,090 22,280
LINCOLN NATIONAL CORP COMMON STOCK NPV COM 534187109 329 6,146 SH   SOLE   3,497 2,649 0
LOEWS CORP COMMON STOCK USD.01 COM 540424108 244 5,864 SH   SOLE   5,864 0 0
LORILLARD INC COMMON STOCK USD.01 COM 544147101 111 1,855 SH   SOLE   390 1,465 0
LOWES COMPANIES INC COM 548661107 191 3,600 SH   SOLE   3,600 0 0
Lukoil COM 677862104 5,417 106,425 SH   SOLE   12,501 34,894 59,030
LYONDELLBASELL INDU-CL A COM N53745100 37 336 SH   SOLE   336 0 0
MACK CALI REALTY CORP REIT USD.01 COM 554489104 6,528 341,580 SH   SOLE   295,677 1,940 43,963
Macy's Inc. COM 55616p104 243 4,182 SH   SOLE   4,182 0 0
MARATHON OIL CORP COM 565849106 448 11,905 SH   SOLE   8,954 2,951 0
Marathon Petroleum Corp COM 56585a102 290 3,421 SH   SOLE   3,421 0 0
Marvell Technology Group Ltd COM G5876H105 6,031 447,440 SH   SOLE   52,656 154,836 239,948
Matthews International Corp COM 577128101 3,062 69,755 SH   SOLE   60,770 500 8,485
Mentor Graphics Corp COM 587200106 8,987 438,475 SH   SOLE   380,140 2,620 55,715
MEREDITH CORP COM 589433101 8,078 188,745 SH   SOLE   164,244 995 23,506
Meritage Corp. COM 59001A102 56 1,587 SH   SOLE   1,587 0 0
METLIFE INC COMMON STOCK USD.01 COM 59156R108 2,141 39,847 SH   SOLE   35,566 4,074 207
MICRON TECHNOLOGY INC COMMON STOCK USD.1 COM 595112103 1,534 44,769 SH   SOLE   39,053 5,438 278
MICROSEMI CORPORATION COM 595137100 11,705 460,662 SH   SOLE   400,037 2,770 57,855
MICROSOFT CORP COM 594918104 1,620 34,939 SH   SOLE   29,310 5,356 273
Mitsubishi Corp Spons- ADR COM 606769305 39 951 SH   SOLE   951 0 0
Mitsubishi UFJ Financial Group Inc. ADS COM 606822104 5,714 1,018,584 SH   SOLE   122,790 333,403 562,391
Mitsui & Co. Ltd COM 606827202 39 124 SH   SOLE   124 0 0
Mizuho Finl Group Inc. COM 60687Y109 36 10,149 SH   SOLE   10,149 0 0
Mobile TeleSystems OJSC ADR COM 607409109 20 1,311 SH   SOLE   1,311 0 0
MOLSON COOR BREW CO CL B COM 60871r209 153 2,060 SH   SOLE   430 1,630 0
MONTPELIER RE HLDGS LTD COM G62185106 4,836 155,555 SH   SOLE   135,640 820 19,095
Morgan Stanley COM 617446448 251 7,269 SH   SOLE   7,269 0 0
MURPHY OIL CORP COMMON STOCK USD1.0 COM 626717102 121 2,120 SH   SOLE   440 1,680 0
Nabors Industries Ltd. COM G6359F103 357 15,699 SH   SOLE   15,699 0 0
NASDAQ OMX GROUP/THE COMMON STOCK USD.01 COM 631103108 186 4,382 SH   SOLE   900 3,482 0
National Australia Bank COM 632525408 73 5,154 SH   SOLE   5,154 0 0
NATIONAL OILWELL VARCO INC COMMON STOCK US COM 637071101 235 3,085 SH   SOLE   3,085 0 0
Navient Corp COM 63938C108 96 5,436 SH   SOLE   5,436 0 0
NBT Bancorp COM 628778102 2,150 95,469 SH   SOLE   83,040 516 11,913
NCR Corp COM 62886E108 223 6,666 SH   SOLE   3,660 3,006 0
NELNET INC CL A COM 64031N108 3,060 71,024 SH   SOLE   62,022 187 8,815
NETAPP INC COM 64110D104 220 5,113 SH   SOLE   2,225 2,888 0
Neustar Inc. Class A COM 64126X201 54 2,193 SH   SOLE   2,193 0 0
New Jersey Resources Corp. COM 646025106 61 1,213 SH   SOLE   1,213 0 0
New Residential Investment COM 64828T102 7,552 1,295,405 SH   SOLE   1,122,625 7,590 165,190
NEWMONT MINING CORP COM 651639106 962 41,733 SH   SOLE   36,922 4,577 234
NIPPON STEEL CORP SPONS ADR COM 65461T101 34 1,328 SH   SOLE   1,328 0 0
Nippon Teleg Adr COM 654624105 6,723 216,107 SH   SOLE   26,534 74,086 115,487
NISSAN MTR LTD SPN ADR COM 654744408 41 2,106 SH   SOLE   2,106 0 0
Nomura Hldg Inc Spons- ADR COM 65535H208 5,199 879,624 SH   SOLE   105,248 287,533 486,843
NORFOLK SOUTHERN CORP COMMON STOCK USD1.0 COM 655844108 168 1,507 SH   SOLE   310 1,197 0
NORTHROP GRUMMAN CORP COM 666807102 319 2,423 SH   SOLE   2,423 0 0
NUCOR CORP COMMON STOCK USD.4 COM 670346105 129 2,379 SH   SOLE   490 1,889 0
OCCIDENTAL PETE CORP COM 674599105 314 3,265 SH   SOLE   3,265 0 0
Oil States International Inc COM 678026105 138 2,237 SH   SOLE   1,259 978 0
Old Republic Intl Corp COM 680223104 92 6,465 SH   SOLE   6,465 0 0
Olin Corp COM 680665205 9,777 387,200 SH   SOLE   337,825 1,975 47,400
Omega Healthcare Investors COM 681936100 7,340 214,695 SH   SOLE   185,080 1,615 28,000
Oracle Corp COM 68389X105 337 8,810 SH   SOLE   8,810 0 0
ORANGE-SPON ADR COM 684060106 56 3,766 SH   SOLE   3,766 0 0
ORIX SPONSORED ADR COM 686330101 34 497 SH   SOLE   497 0 0
Oshkosh Truck Corp. COM 688239201 110 2,500 SH   SOLE   520 1,980 0
Outerwall Inc. COM 690070107 59 1,045 SH   SOLE   1,045 0 0
OWENS &MINOR INC HLDG CO COM 690732102 8,514 260,057 SH   SOLE   228,168 1,025 30,864
OWENS ILLINOIS INC COMMON STOCK USD.01 COM 690768403 216 8,299 SH   SOLE   4,124 4,175 0
PAN AMERICAN SILVER CP F COM 697900108 3,220 293,242 SH   SOLE   254,950 1,770 36,522
PartnerRe Ltd. COM G6852T105 144 1,310 SH   SOLE   270 1,040 0
PBF ENERGY INC-CLASS A COM 69318G106 5,919 246,640 SH   SOLE   214,210 1,560 30,870
Pennsylvania Rl Est Tr Sh Ben Int COM 709102107 7,357 368,960 SH   SOLE   321,815 1,915 45,230
PETROCHINA CO LTD SP ADR COM 71646E100 46 355 SH   SOLE   355 0 0
Petroleo Brasileiro S/A COM 71654v408 5,940 418,584 SH   SOLE   52,370 136,682 229,532
PFIZER INCORPORATED COM 717081103 445 15,040 SH   SOLE   15,040 0 0
PHILIP MORRIS INTL INC COM 718172109 347 4,157 SH   SOLE   4,157 0 0
Phillips 66 COM 718546104 301 3,697 SH   SOLE   3,697 0 0
Pilgrims Pride Corp COM 72147K108 55 1,786 SH   SOLE   1,786 0 0
PING AN INSURANCE ADR COM 72341E304 45 2,966 SH   SOLE   2,966 0 0
PLANTRONICS INC COM 727493108 10,510 219,970 SH   SOLE   192,250 900 26,820
PLATINUM UNDERWRITERS F COM G7127P100 6,170 101,363 SH   SOLE   88,760 625 11,978
PNC FINL SERVICES GP INC COM 693475105 2,361 27,593 SH   SOLE   24,612 2,837 144
Portland General Electric COM 736508847 10,168 316,551 SH   SOLE   276,280 1,692 38,579
PPL CORPORATION COMMON STOCK USD.01 COM 69351T106 434 13,216 SH   SOLE   9,928 3,288 0
PRINCIPAL FINANCIAL GROUP COMMON STOCK USD COM 74251V102 148 2,828 SH   SOLE   2,828 0 0
Prospect Capital Corp. COM 74348T102 2,346 236,920 SH   SOLE   197,772 1,750 37,398
Prosperity Bancshares Inc. COM 743606105 6,061 106,015 SH   SOLE   89,358 470 16,187
PROTECTIVE LIFE CORP COM 743674103 14,853 213,984 SH   SOLE   183,965 1,249 28,770
PRUDENTIAL FINANCIAL INC COMMON STOCK USD. COM 744320102 304 3,454 SH   SOLE   3,454 0 0
PUBLIC SERVICE ENTERPRISE GP COMMON STOCK COM 744573106 306 8,211 SH   SOLE   8,211 0 0
Qlogic Corp. COM 747277101 7,067 771,525 SH   SOLE   669,780 4,260 97,485
QUALCOMM INC COMMON STOCK USD.0001 COM 747525103 1,696 22,680 SH   SOLE   19,590 2,941 149
Quest Diagnostics Inc. COM 74834L100 2,057 33,898 SH   SOLE   29,607 4,083 208
Rait Financial Trust COM 749227609 7,393 995,030 SH   SOLE   862,247 6,050 126,733
RAYONIER ADVANCED MATERIALS COM 75508B104 8,904 270,567 SH   SOLE   235,247 1,610 33,710
RAYTHEON COMPANY COMMON STOCK USD.01 COM 755111507 261 2,564 SH   SOLE   2,564 0 0
Regions Financial Corp. New COM 7591ep100 300 29,919 SH   SOLE   17,742 12,177 0
Reinsurance Group Of America Inc COM 759351604 92 1,149 SH   SOLE   1,149 0 0
REYNOLDS AMERICAN INC COM 761713106 153 2,600 SH   SOLE   2,600 0 0
RIO Tinto PLC, Spon ADR COM 767204100 32 651 SH   SOLE   651 0 0
Rock-Tenn COM 772739207 213 4,480 SH   SOLE   2,405 2,075 0
Rogers Communications B COM 775109200 25 679 SH   SOLE   679 0 0
Rosetta Resources Inc COM 777779307 61 1,367 SH   SOLE   1,367 0 0
ROVI CORP COM 779376102 56 2,843 SH   SOLE   2,843 0 0
Royal Bank of Canada COM 780087102 26 364 SH   SOLE   364 0 0
ROYAL DUTCH SHELL PLC ADR ADR COM 780259206 5,989 78,671 SH   SOLE   9,624 25,599 43,448
RWE AG Sponsored ADR COM 74975E303 30 762 SH   SOLE   762 0 0
RYDER SYSTEM INC COM 783549108 11,255 125,097 SH   SOLE   107,670 1,932 15,495
Ryland Group Inc Com COM 783764103 58 1,735 SH   SOLE   1,735 0 0
SANDERSON FARMS INC COMMON STOCK USD1.0 COM 800013104 61 690 SH   SOLE   690 0 0
Sanmina Corp COM 801056102 5,421 259,896 SH   SOLE   225,696 1,520 32,680
SBERBANK SPONSORED ADR COM 80585Y308 19 2,452 SH   SOLE   2,452 0 0
Scana Corp. COM 80589M102 93 1,882 SH   SOLE   1,882 0 0
Schulman A Inc Com COM 808194104 3,278 90,660 SH   SOLE   79,205 500 10,955
Schweitzer-Mauduit Com COM 808541106 59 1,438 SH   SOLE   1,438 0 0
Science Applications Intl. Corp COM 808625107 5,408 122,275 SH   SOLE   106,030 730 15,515
SEADRILL LTD COM G7945E105 833 31,143 SH   SOLE   26,111 4,790 242
SECTOR SPDR FINANCIAL COM 81369y605 167 7,200 SH   SOLE   7,200 0 0
SELECT MEDICAL HOLDINGS CORP COM 81619Q105 7,307 607,425 SH   SOLE   527,115 3,610 76,700
SENIOR HOUSING PROP TRUST REIT USD.01 COM 81721M109 130 6,238 SH   SOLE   1,290 4,948 0
SEVENTY SEVEN ENERGY INC-W/I COM 818097107 102 4,293 SH   SOLE   3,468 798 27
Shaw Communications Inc. B COM 82028k200 145 5,908 SH   SOLE   1,220 4,688 0
SHINHAN FINANCIAL GP SPN ADR RESTRD COM 824596100 79 1,735 SH   SOLE   1,735 0 0
Siemens AG ADR COM 826197501 5,194 43,619 SH   SOLE   4,911 14,386 24,322
SK TELECOM ADR COM 78440P108 5,776 190,391 SH   SOLE   25,429 65,086 99,876
SLM CORP COMMON STOCK USD.2 COM 78442P106 91 10,622 SH   SOLE   10,622 0 0
SMITH-NPHW PLC SPADR NEW COM 83175M205 6,257 74,325 SH   SOLE   8,486 24,729 41,110
Societe General Spn COM 83364l109 5,393 528,486 SH   SOLE   62,706 175,643 290,137
Sonic Automotive Inc Cl A COM 83545G102 64 2,620 SH   SOLE   2,620 0 0
Southern Copper Corp. COM 84265V105 16 540 SH   SOLE   540 0 0
St Jude Medical Inc COM 790849103 1,884 31,333 SH   SOLE   27,298 3,841 194
STANCORP FINANCIAL GROUP COMMON STOCK NPV COM 852891100 62 978 SH   SOLE   978 0 0
STAPLES INC COM 855030102 1,656 136,878 SH   SOLE   115,226 20,956 696
State Street Corp COM 857477103 257 3,488 SH   SOLE   3,488 0 0
StatoilHydro ASA COM 85771p102 5,864 215,901 SH   SOLE   25,869 72,675 117,357
Sumitomo Corp SP ADR COM 865613103 33 3,008 SH   SOLE   3,008 0 0
SUMITOMO MITSUI-SPONS ADR COM 86562M209 6,065 739,595 SH   SOLE   89,094 246,802 403,699
Sun Life Financial Inc. COM 866796105 26 724 SH   SOLE   724 0 0
Suncor Energy Inc. COM 867224107 5,654 156,414 SH   SOLE   19,030 52,242 85,142
SUNTRUST BANKS INC COM 867914103 2,182 57,365 SH   SOLE   48,374 8,701 290
SUSQUEHANNA BANCSHARES INC. COM 869099101 62 6,150 SH   SOLE   6,150 0 0
SWEDBANK AB-ADR COM 870195104 36 1,426 SH   SOLE   1,426 0 0
Sykes Enterprises Inc Com COM 871237103 2,435 121,849 SH   SOLE   105,669 690 15,490
SYMANTEC CORP COMMON STOCK USD.01 COM 871503108 866 36,830 SH   SOLE   30,588 6,242 0
SYMETRA FINANCIAL CORP COM 87151q106 6,267 268,615 SH   SOLE   234,600 1,200 32,815
Synnex Corp. COM 87162w100 61 950 SH   SOLE   950 0 0
SYNOPSYS INC COMMON STOCK USD.01 COM 871607107 135 3,402 SH   SOLE   700 2,702 0
Take-Two Interactive Software COM 874054109 63 2,721 SH   SOLE   2,721 0 0
TATA MTRS LTD SPONSORED ADR COM 876568502 6,891 157,652 SH   SOLE   18,268 53,691 85,693
Taubman Ctrs Inc Com COM 876664103 92 1,254 SH   SOLE   1,254 0 0
TCF Financial Corp. Com COM 872275102 4,454 286,817 SH   SOLE   249,674 1,556 35,587
Tech Data Corp. COM 878237106 5,033 85,508 SH   SOLE   74,300 500 10,708
TECO ENERGY INC COM 872375100 2,903 167,035 SH   SOLE   117,005 1,875 48,155
TELECOM ITALIA S P A NEW COM 87927Y102 126 11,007 SH   SOLE   11,007 0 0
Telefonica SA Spain ADR COM 879382208 5,678 369,425 SH   SOLE   45,862 120,396 203,167
Telenor ASA COM 87944W105 16 246 SH   SOLE   246 0 0
Tesco PLC Spons- ADR COM 881575302 4,919 541,476 SH   SOLE   64,185 182,439 294,852
Teva Pharmaceutical Industries Ltd. COM 881624209 8,463 157,449 SH   SOLE   43,700 46,054 67,695
THERMO FISHER SCIENTIFIC INC COMMON STOCK COM 883556102 1,973 16,213 SH   SOLE   14,102 2,011 100
TIDEWATER INC COMMON STOCK USD.1 COM 886423102 53 1,351 SH   SOLE   1,351 0 0
TORCHMARK CORP COMMON STOCK USD1.0 COM 891027104 93 1,777 SH   SOLE   1,777 0 0
Toronto-Dominion Bank COM 891160509 25 516 SH   SOLE   516 0 0
Total SA ADR COM 89151E109 6,082 94,372 SH   SOLE   11,472 31,380 51,520
Toyota Motor Corp. ADR COM 892331307 40 339 SH   SOLE   339 0 0
TRANSOCEAN LTD COM h8817h100 36 1,139 SH   SOLE   1,139 0 0
TRAVELERS COS INC/THE COMMON STOCK NPV COM 89417E109 308 3,276 SH   SOLE   3,276 0 0
Trinity Industries COM 896522109 467 9,996 SH   SOLE   9,996 0 0
TRIPLE-S MANAGEMENT CORP-B COM 896749108 2,602 130,767 SH   SOLE   113,365 760 16,642
Trustmark Corp. COM 898402102 61 2,630 SH   SOLE   2,630 0 0
TRW Automotive Hldgs Crp COM 87264s106 56 557 SH   SOLE   557 0 0
TUPPERWARE CORPORATION COM 899896104 89 1,285 SH   SOLE   1,285 0 0
TUTOR PERINI CORP COM 901109108 9,216 349,091 SH   SOLE   303,675 1,906 43,510
Two Harbors Investment Corp COM 90187B101 141 14,539 SH   SOLE   2,990 11,549 0
Tyson Foods Inc CL A COM 902494103 99 2,505 SH   SOLE   2,505 0 0
U S BANCORP DEL NEW COM 902973304 296 7,070 SH   SOLE   7,070 0 0
UBS AG COM h89231338 5,198 299,261 SH   SOLE   0 110,867 188,394
Ultra Petroleum Corp COM 903914109 10,146 436,195 SH   SOLE   379,060 2,750 54,385
Umpqua Holdings Corp. COM 904214103 3,630 220,415 SH   SOLE   191,660 1,430 27,325
Unisys Corp. COM 909214306 3,022 129,110 SH   SOLE   111,780 790 16,540
Unit Corporation COM 909218109 8,563 146,005 SH   SOLE   126,708 860 18,437
UNITED OVERSEAS BANK-SP ADR COM 911271302 55 1,556 SH   SOLE   1,556 0 0
United Stationers Inc Com COM 913004107 59 1,569 SH   SOLE   1,569 0 0
UNITED TECHNOLOGIES CORP COM 913017109 127 1,200 SH   SOLE   1,200 0 0
UNITEDHEALTH GROUP INC COM 91324p102 414 4,800 SH   SOLE   4,800 0 0
UNUM GROUP COMMON STOCK USD.1 COM 91529Y106 286 8,330 SH   SOLE   5,092 3,238 0
URS CORP COMMON STOCK USD.01 COM 903236107 9,900 171,849 SH   SOLE   148,046 3,133 20,670
VALERO ENERGY CORP NEW COM 91913y100 2,206 47,680 SH   SOLE   40,317 7,131 232
Vectrus Inc. COM 92242T101 4 193 SH   SOLE   193 0 0
VERIZON COMMUNICATIONS COM 92343v104 353 7,063 SH   SOLE   7,063 0 0
Viacom Inc - Class B COM 92553P201 241 3,132 SH   SOLE   3,132 0 0
Vishay Intertech COM 928298108 10,028 701,745 SH   SOLE   608,415 3,990 89,340
VODAFONE GROUP PLC SP ADR COM 92857W308 37 1,111 SH   SOLE   1,111 0 0
VOLKSWAGEN AG SPONSORED ADR COM 928662303 27 642 SH   SOLE   642 0 0
VOYA FINANCIAL INC COM 929089100 58 1,475 SH   SOLE   1,475 0 0
Wal-Mart Stores COM 931142103 252 3,299 SH   SOLE   3,299 0 0
WASHINGTON FEDERAL INC SEATTLE COM 938824109 8,029 394,365 SH   SOLE   341,920 2,355 50,090
WASTE MANAGEMENT INC COM 94106l109 147 3,089 SH   SOLE   640 2,449 0
Webster Finl Corp Waterbury COM 947890109 5,707 195,844 SH   SOLE   170,974 880 23,990
WELLPOINT INC COMMON STOCK USD.01 COM 94973V107 336 2,808 SH   SOLE   2,808 0 0
WELLS FARGO & CO NEW COM 949746101 2,545 49,066 SH   SOLE   43,907 4,911 248
WesBanco Inc. COM 950810101 2,688 87,863 SH   SOLE   75,802 50 12,011
WESTERN DIGITAL CORP COMMON STOCK USD.01 COM 958102105 301 3,094 SH   SOLE   3,094 0 0
WESTERN UN CO COM 959802109 516 32,147 SH   SOLE   32,147 0 0
WHIRLPOOL CORP COMMON STOCK USD1.0 COM 963320106 56 383 SH   SOLE   383 0 0
Wiley John & Sons CL A COM 968223206 5,360 95,526 SH   SOLE   83,236 500 11,790
Wintrust Finl Corp Com COM 97650W108 8,948 200,322 SH   SOLE   174,242 890 25,190
Worthington Industries Inc COM 981811102 6,184 166,137 SH   SOLE   144,520 1,009 20,608
WR Berkley Corp COM 084423102 95 1,993 SH   SOLE   1,993 0 0
XEROX CORP COMMON STOCK USD1.0 COM 984121103 152 11,506 SH   SOLE   11,506 0 0
YAMANA GOLD INC COM 98462y100 2,825 470,895 SH   SOLE   143,101 136,211 191,583
ZIMMER HOLDINGS INC COM 98956p102 173 1,721 SH   SOLE   360 1,361 0
ZURICH INS GROUP AG COM 989825104 48 1,627 SH   SOLE   1,627 0 0