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
AbbVie INC COM 00287y109 1,824 25,158 SH   SOLE   24,629 529 0
Acco Brands Corp COM 00081T108 11 923 SH   SOLE   923 0 0
Adient PLC COM G0084W101 32 494 SH   SOLE   494 0 0
ADTALEM GLOBAL EDUCATION COM 00737L103 327 8,626 SH   SOLE   8,626 0 0
AECOM TECH CORP DEL COM COM 00766T100 412 12,745 SH   SOLE   12,745 0 0
AES CORP COMMON STOCK USD.01 COM 00130H105 433 38,988 SH   SOLE   38,988 0 0
AETNA INC NEW COM 00817y108 1,111 7,320 SH   SOLE   7,320 0 0
Affiliated Managers Group COM 008252108 443 2,671 SH   SOLE   2,671 0 0
AFLAC INC COMMON STOCK USD.1 COM 001055102 2,624 33,777 SH   SOLE   33,160 617 0
AGRIUM INC COMMON STOCK NPV COM 008916108 5 53 SH   SOLE   53 0 0
Air Lease Corporation COM 00912x302 321 8,579 SH   SOLE   8,579 0 0
AIRCASTLE LTD COM G0129k104 299 13,742 SH   SOLE   13,742 0 0
Ak Steel Holding Corp COM 001547108 12 1,852 SH   SOLE   1,852 0 0
Alaska Air Group Inc. COM 011659109 435 4,851 SH   SOLE   4,851 0 0
Allegiant Travel Co COM 01748X102 274 2,023 SH   SOLE   2,023 0 0
Alliance Data Systems Corp. COM 018581108 440 1,716 SH   SOLE   1,716 0 0
Alliance Holdings COM 01861g100 241 10,155 SH   SOLE   10,155 0 0
Allianceberstein Hldg COM 01881g106 308 13,038 SH   SOLE   13,038 0 0
ALLSTATE CORPORATION COM 020002101 1,554 17,566 SH   SOLE   16,874 692 0
ALLY Financial Inc COM 02005n100 452 21,650 SH   SOLE   21,650 0 0
AMC Networks Inc. Class A COM 00164v103 288 5,384 SH   SOLE   5,384 0 0
Amerco COM 023586100 175 478 SH   SOLE   478 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 48 944 SH   SOLE   944 0 0
American Axle & Mfg Hldgs COM 024061103 251 16,083 SH   SOLE   16,083 0 0
American Eagle Outfitters COM 02553e106 41 3,415 SH   SOLE   3,415 0 0
American Equity Investment Lif COM 025676206 37 1,419 SH   SOLE   1,419 0 0
AMERICAN EXPRESS COMPANY COM 025816109 1,510 17,921 SH   SOLE   17,921 0 0
American Financial Group Inc. COM 025932104 7 70 SH   SOLE   70 0 0
AMERIPRISE FINANCIAL INC COMMO COM 03076C106 425 3,338 SH   SOLE   3,338 0 0
Amerisafe Inc. COM 03071h100 11 194 SH   SOLE   194 0 0
Amerisourcebergen Corp. COM 03073e105 439 4,645 SH   SOLE   4,645 0 0
AMGEN INC COMMON STOCK USD.000 COM 031162100 1,042 6,049 SH   SOLE   6,049 0 0
Amkor Technology Inc. COM 031652100 40 4,122 SH   SOLE   4,122 0 0
AMTRUST FINANCIAL SERVICES COM 032359309 342 22,560 SH   SOLE   22,560 0 0
ANADARKO PETROLEUM CORP COM 032511107 1,586 34,979 SH   SOLE   34,376 603 0
ANIXTER INTL INC COM 035290105 46 584 SH   SOLE   584 0 0
Annaly Mtg Mgmt Inc. COM 035710409 454 37,679 SH   SOLE   37,679 0 0
ANTHEM INC. COM 036752103 1,119 5,949 SH   SOLE   5,949 0 0
APACHE CORP COM 037411105 175 3,648 SH   SOLE   3,648 0 0
Apollo Commercial Real Estate COM 03762U105 312 16,846 SH   SOLE   16,846 0 0
Apollo Global Management, LLC COM 037612306 295 11,141 SH   SOLE   11,141 0 0
Apple Computer COM 037833100 1,861 12,922 SH   SOLE   12,557 365 0
Ares Capital Corp COM 04010l103 257 15,670 SH   SOLE   15,670 0 0
Ares Management LP Unit COM 04014Y101 268 14,897 SH   SOLE   14,897 0 0
Arris International PLC. COM G0551A103 448 16,002 SH   SOLE   16,002 0 0
ARROW ELECTRONICS INC COMMON S COM 042735100 475 6,053 SH   SOLE   6,053 0 0
Artisan Partners Asset Managem COM 04316A108 320 10,439 SH   SOLE   10,439 0 0
ASSURANT INC COMMON STOCK USD. COM 04621X108 6 58 SH   SOLE   58 0 0
ASTRAZENECA PLC ADR F SPONSORE COM 046353108 6 180 SH   SOLE   180 0 0
AT& T INC COM 00206r102 2,316 61,394 SH   SOLE   60,154 1,240 0
Atlas Air Worldwide COM 049164205 272 5,209 SH   SOLE   5,209 0 0
Avis Budget Group Inc COM 053774105 308 11,279 SH   SOLE   11,279 0 0
Avnet Inc Com COM 053807103 378 9,713 SH   SOLE   9,713 0 0
Banc of California Inc. COM 05990K106 286 13,318 SH   SOLE   13,318 0 0
BANK OF AMERICA CORP COM 060505104 1,937 79,823 SH   SOLE   76,374 3,449 0
Bank of Montreal COM 063671101 982 13,369 SH   SOLE   13,369 0 0
Bank Of New York Mellon Corp. COM 064058100 2,780 54,495 SH   SOLE   53,347 1,148 0
Bank of Nova Scotia COM 064149107 1,031 17,152 SH   SOLE   17,152 0 0
Barclays PLC- ADR COM 06738E204 6 524 SH   SOLE   524 0 0
BB&T CORP COMMON STOCK USD5.0 COM 054937107 981 21,604 SH   SOLE   21,604 0 0
Bed Bath & Beyond Inc. COM 075896100 22 721 SH   SOLE   721 0 0
BELDEN INC COM 077454106 357 4,730 SH   SOLE   4,730 0 0
Berkshire Hills Bancorp Inc. COM 084680107 177 5,036 SH   SOLE   5,036 0 0
BEST BUY CO INC COM 086516101 512 8,924 SH   SOLE   8,924 0 0
BGC PARTNERS INC CL A COM 05541T101 362 28,643 SH   SOLE   28,643 0 0
BHP BILLITON LTD ADR F SPONSOR COM 088606108 6 177 SH   SOLE   177 0 0
BHP BILLITON PLC SP ADR COM 05545E209 6 203 SH   SOLE   203 0 0
BIG LOTS INC COMMON STOCK USD. COM 089302103 32 672 SH   SOLE   672 0 0
BIOGEN IDEC INC COM 09062x103 1,005 3,705 SH   SOLE   3,705 0 0
Blackstone Group LP COM 09253u108 449 13,475 SH   SOLE   13,475 0 0
Blackstone Mortgage Tru-Cl A COM 09257W100 321 10,174 SH   SOLE   10,174 0 0
Block H & R Inc COM 093671105 62 1,992 SH   SOLE   1,992 0 0
Bloomin' Brands Inc. COM 094235108 48 2,244 SH   SOLE   2,244 0 0
Boardwalk Pipeline Partners, L COM 096627104 44 2,461 SH   SOLE   2,461 0 0
BOEING CO COMMON STOCK USD5.0 COM 097023105 349 1,766 SH   SOLE   1,766 0 0
BofI Holding, Inc COM 05566u108 297 12,534 SH   SOLE   12,534 0 0
Borg Warner Auto COM 099724106 479 11,319 SH   SOLE   11,319 0 0
BP PLC ADR F SPONSORED ADR 1 A COM 055622104 318 9,179 SH   SOLE   9,179 0 0
BRINKER INTL INC COM 109641100 281 7,363 SH   SOLE   7,363 0 0
Brocade Communications COM 111621306 413 32,716 SH   SOLE   32,716 0 0
Buckeye Partners LP COM 118230101 19 295 SH   SOLE   295 0 0
Builders Firstsource Inc COM 12008r107 46 2,973 SH   SOLE   2,973 0 0
BUNGE LIMITED COM G16962105 6 80 SH   SOLE   80 0 0
CA INC COMMON STOCK USD.1 COM 12673P105 1,215 35,247 SH   SOLE   34,013 1,234 0
Cabot Corp. COM 127055101 30 562 SH   SOLE   562 0 0
Calatlantic Group Inc. COM 128195104 298 8,427 SH   SOLE   8,427 0 0
Callon Petroleum Co COM 13123x102 137 12,875 SH   SOLE   12,875 0 0
CANADIAN IMPRL BK COMM COM COM 136069101 947 11,664 SH   SOLE   11,664 0 0
CAPITAL ONE FINANCIAL CORP COM COM 14040H105 989 11,966 SH   SOLE   11,966 0 0
Capstead Mortgage Cp New COM 14067e506 12 1,163 SH   SOLE   1,163 0 0
Cardinal Health Inc. COM 14149Y108 953 12,233 SH   SOLE   12,233 0 0
CATHAY GENERAL BANCORP COM 149150104 34 892 SH   SOLE   892 0 0
CBS Corp New Cl B COM 124857202 46 724 SH   SOLE   724 0 0
CDW Corp/DE COM 12514G108 8 124 SH   SOLE   124 0 0
Celanese Corp. - Series A COM 150870103 446 4,693 SH   SOLE   4,693 0 0
CENTURYLINK INC COMMON STOCK U COM 156700106 417 17,457 SH   SOLE   17,457 0 0
Chicago Bridge & Iron COM 167250109 94 4,750 SH   SOLE   4,750 0 0
China Mobile LTD Spn ADR COM 16941m109 5 91 SH   SOLE   91 0 0
China Telecom Corp Ltd COM 169426103 6 115 SH   SOLE   115 0 0
Chubb LTD COM h1467j104 6 41 SH   SOLE   41 0 0
CIGNA CORP COMMON STOCK USD.25 COM 125509109 7 39 SH   SOLE   39 0 0
Cirrus Logic Inc. COM 172755100 45 717 SH   SOLE   717 0 0
Cisco Systems Inc. COM 17275R102 2,555 81,639 SH   SOLE   80,070 1,569 0
CITIGROUP INC COM 172967424 2,853 42,652 SH   SOLE   41,828 824 0
Citizens Financial Group COM 174610105 856 24,004 SH   SOLE   22,678 1,326 0
CITRIX SYSTEMS INC COMMON STOC COM 177376100 18 230 SH   SOLE   230 0 0
Cliffs Natural Resources Inc COM 18683k101 267 38,642 SH   SOLE   38,642 0 0
CNA Financial Corp COM 126117100 454 9,313 SH   SOLE   9,313 0 0
Colony NorthStar, Inc. COM 19625W104 451 31,977 SH   SOLE   31,977 0 0
CommScope Holdings Co., Inc. COM 20337X109 19 489 SH   SOLE   489 0 0
Conduent Inc. Common COM 206787103 2 101 SH   SOLE   101 0 0
CONE Midstream Partners LP COM 206812109 11 566 SH   SOLE   566 0 0
Convergys Corp. COM 212485106 349 14,680 SH   SOLE   14,680 0 0
Cooper Tire And Rubber COM 216831107 264 7,315 SH   SOLE   7,315 0 0
CoreLogic Inc. COM 21871D103 34 791 SH   SOLE   791 0 0
CREDIT ACCEPTANCE CORP COM 225310101 422 1,643 SH   SOLE   1,643 0 0
Crown Holdings Inc. COM 228368106 463 7,764 SH   SOLE   7,764 0 0
CSG Systems Intl COM 126349109 315 7,763 SH   SOLE   7,763 0 0
CSRA Inc. COM 12650T104 460 14,477 SH   SOLE   14,477 0 0
CSX Corp COM 126408103 10 185 SH   SOLE   185 0 0
CUMMINS INC COMMON STOCK USD2. COM 231021106 7 44 SH   SOLE   44 0 0
CVS CAREMARK CORP COMMON STOCK COM 126650100 2,155 26,788 SH   SOLE   26,324 464 0
CYS Investments COM 12673A108 295 35,065 SH   SOLE   35,065 0 0
Dana Holding Corp COM 235825205 331 14,845 SH   SOLE   14,845 0 0
Deckers Outdoors Corp COM 243537107 39 573 SH   SOLE   573 0 0
DELTA AIR LINES INC COM 247361702 2,210 41,132 SH   SOLE   40,521 611 0
Deluxe Corp. COM 248019101 45 652 SH   SOLE   652 0 0
Deutsche Bank AG REG COM D18190898 9 487 SH   SOLE   487 0 0
DICKS SPORTING GOODS INC COM 253393102 18 459 SH   SOLE   459 0 0
DISCOVER FINANCIAL SERVICES CO COM 254709108 918 14,758 SH   SOLE   14,758 0 0
Discovery Holding Co. Cl A COM 25470f104 378 14,647 SH   SOLE   14,647 0 0
Donnelley Financial Solutions, COM 25787G100 57 2,469 SH   SOLE   2,469 0 0
DOW CHEMICAL COMMON STOCK USD2 COM 260543103 181 2,876 SH   SOLE   2,876 0 0
DR HORTON INC COMMON STOCK USD COM 23331A109 443 12,815 SH   SOLE   12,815 0 0
DSW Inc. Class A COM 23334L102 29 1,641 SH   SOLE   1,641 0 0
DXC Technologies COM 23355l106 173 2,260 SH   SOLE   2,260 0 0
East West Bancorp Inc. COM 27579R104 8 139 SH   SOLE   139 0 0
Eastman Chemical Co COM 277432100 451 5,368 SH   SOLE   5,368 0 0
Eaton Corporation PLC Ordinary COM G29183103 1,002 12,879 SH   SOLE   12,304 575 0
Ebay Inc COM 278642103 7 207 SH   SOLE   207 0 0
Employers Holdings COM 292218104 14 328 SH   SOLE   328 0 0
Empresa Nac Electrica SA COM 29244T101 4 190 SH   SOLE   190 0 0
ENERGY TRANSFER EQUITY LP COM 29273v100 7 379 SH   SOLE   379 0 0
Enersis Americas-Spons ADR COM 29274F104 6 597 SH   SOLE   597 0 0
ENERSYS COM 29275Y102 18 253 SH   SOLE   253 0 0
Entergy Corp COM 29364G103 5 65 SH   SOLE   65 0 0
Envision Healthcare Corp COM 29414D100 443 7,073 SH   SOLE   7,073 0 0
EQT Midstream Partners, LP COM 26885b100 379 5,072 SH   SOLE   5,072 0 0
ERICSSON LM TEL CL B ADR COM 294821608 5 661 SH   SOLE   661 0 0
ESTERLINE TECH CORP COM 297425100 36 375 SH   SOLE   375 0 0
EXELON CORP COMMON STOCK NPV COM 30161N101 1,746 48,419 SH   SOLE   47,423 996 0
EXPRESS SCRIPTS HOLDING CO COM 30219g108 962 15,063 SH   SOLE   15,063 0 0
FBL Financial Group Cl. A COM 30239f106 31 503 SH   SOLE   503 0 0
FEDERATED INVESTORS INC CL B C COM 314211103 325 11,516 SH   SOLE   11,516 0 0
Ferro Corp COM 315405100 15 811 SH   SOLE   811 0 0
Fidelity & Guaranty Life COM 315785105 341 10,992 SH   SOLE   10,992 0 0
FIFTH THIRD BANCORP COM 316773100 443 17,049 SH   SOLE   17,049 0 0
First American Financial COM 31847R102 354 7,926 SH   SOLE   7,926 0 0
FIRSTENERGY CORP COMMON STOCK COM 337932107 402 13,800 SH   SOLE   13,800 0 0
Flextronics Intl. Ltd. COM y2573f102 6 385 SH   SOLE   385 0 0
FOOT LOCKER INC N.Y. COM COM 344849104 5 95 SH   SOLE   95 0 0
Ford Motor Co COM 345370860 1,263 112,895 SH   SOLE   112,895 0 0
Fortress Investment Group-Clas COM 34958B106 286 35,744 SH   SOLE   35,744 0 0
Franklin Resources COM 354613101 1,062 23,716 SH   SOLE   23,716 0 0
Fresh Del Monte Produce Inc COM G36738105 261 5,119 SH   SOLE   5,119 0 0
GAMESTOP CORP CLASS A COMMON S COM 36467W109 12 571 SH   SOLE   571 0 0
Gap Inc. Co. COM 364760108 375 17,049 SH   SOLE   17,049 0 0
Generac Holdings Inc. COM 368736104 316 8,753 SH   SOLE   8,753 0 0
General Motors COM 37045V100 6 174 SH   SOLE   174 0 0
Gentex Corp. COM 371901109 19 1,002 SH   SOLE   1,002 0 0
GEO GROUP INC COM 36162J106 50 1,705 SH   SOLE   1,705 0 0
Gilead Sciences, Inc. COM 375558103 860 12,145 SH   SOLE   11,718 427 0
GOLDMAN SACHS GROUP INC COM 38141g104 2,740 12,349 SH   SOLE   12,077 272 0
GOODYEAR TIRE & RUBBER CO COMM COM 382550101 430 12,305 SH   SOLE   12,305 0 0
Group 1 Automotive Inc COM 398905109 30 477 SH   SOLE   477 0 0
GULFPORT ENERGY CORP COM NEW COM 402635304 12 838 SH   SOLE   838 0 0
HANESBRANDS INC COM 410345102 472 20,361 SH   SOLE   20,361 0 0
Hannon Armstrong Sustainable I COM 41068X100 14 598 SH   SOLE   598 0 0
HARLEY DAVIDSON INC COMMON STO COM 412822108 6 111 SH   SOLE   111 0 0
HARTFORD FINL SVCS GRP COM 416515104 1,895 36,044 SH   SOLE   35,144 900 0
Hawaiian Holdings In. COM 419879101 318 6,764 SH   SOLE   6,764 0 0
HCA Holdings Inc COM 40412C101 1,724 19,771 SH   SOLE   19,272 499 0
HD Supply Holdings, Inc. COM 40416m105 329 10,739 SH   SOLE   10,739 0 0
Healthsouth Corp COM 421924309 36 748 SH   SOLE   748 0 0
Heartland Financial USA Inc. COM 42234Q102 12 256 SH   SOLE   256 0 0
Herbalife LTD COM G4412G101 6 83 SH   SOLE   83 0 0
Herman Miller Inc. Com COM 600544100 43 1,424 SH   SOLE   1,424 0 0
HEWLETT PACKARD ENTERPRISES COM 42824C109 858 51,739 SH   SOLE   51,739 0 0
Hilltop Holdings Inc. COM 432748101 32 1,226 SH   SOLE   1,226 0 0
HNI Corp COM 404251100 12 305 SH   SOLE   305 0 0
Hope Bancorp, Inc. COM 43940T109 33 1,767 SH   SOLE   1,767 0 0
Howard Hughes Corporation COM 44267D107 219 1,780 SH   SOLE   1,780 0 0
HSBC Hldgs PLC Spons-ADR COM 404280406 0 2 SH   SOLE   2 0 0
Huntington Bancshares In COM 446150104 7 525 SH   SOLE   525 0 0
Huntsman Corp COM 447011107 19 725 SH   SOLE   725 0 0
ILG, Inc. COM 44967H101 42 1,514 SH   SOLE   1,514 0 0
ING GP NV SPSD ADR COM 456837103 8 443 SH   SOLE   443 0 0
INGREDION INC COM COM 457187102 19 158 SH   SOLE   158 0 0
INNOSPEC INC COM 45768S105 35 529 SH   SOLE   529 0 0
Insight Enterprises Inc. COM 45765U103 12 300 SH   SOLE   300 0 0
Integer Holdings Corporation COM 45826H109 14 314 SH   SOLE   314 0 0
Integrated Device Technology, COM 458118106 36 1,405 SH   SOLE   1,405 0 0
Intel Corp COM 458140100 2,176 64,503 SH   SOLE   63,252 1,251 0
International Paper COM 460146103 461 8,142 SH   SOLE   8,142 0 0
INTL BUSINESS MACHINES CORP CO COM 459200101 900 5,850 SH   SOLE   5,850 0 0
Invesco Ltd COM g491bt108 493 14,017 SH   SOLE   14,017 0 0
Invesco Mortgage Capital COM 46131b100 338 20,214 SH   SOLE   20,214 0 0
J2 Global Inc. COM 48123v102 34 397 SH   SOLE   397 0 0
JABIL CIRCUIT INC COM 466313103 456 15,618 SH   SOLE   15,618 0 0
Janus Henderson Group PLC COM G4474Y214 39 1,171 SH   SOLE   1,171 0 0
Jetblue Airways Corp. COM 477143101 459 20,112 SH   SOLE   20,112 0 0
JM Smucker Co. COM 832696405 18 154 SH   SOLE   154 0 0
Johnson Controls International COM g51502105 664 15,316 SH   SOLE   14,634 682 0
Jones Lang Lasalle Inc. COM 48020Q107 502 4,013 SH   SOLE   4,013 0 0
JPMORGAN CHASE & CO COM 46625h100 3,363 36,789 SH   SOLE   35,672 1,117 0
JUNIPER NETWORKS INC COMMON ST COM 48203R104 432 15,502 SH   SOLE   15,502 0 0
Kaiser Alum Corp COM 483007704 14 157 SH   SOLE   157 0 0
KB Financial Group Inc-ADR COM 48241a105 9 171 SH   SOLE   171 0 0
Keycorp COM 493267108 1,070 57,098 SH   SOLE   54,116 2,982 0
Keysight Technologies Inc. COM 49338L103 468 12,014 SH   SOLE   12,014 0 0
KNOLL INC COM 498904200 10 519 SH   SOLE   519 0 0
Kohls Corp. COM 500255104 380 9,836 SH   SOLE   9,238 598 0
KORN/FERRY INTL PV $0.10 COM 500643200 49 1,418 SH   SOLE   1,418 0 0
KROGER CO COMMON STOCK USD1.0 COM 501044101 1,624 69,647 SH   SOLE   68,442 1,205 0
Laboratory Corp. Of America Ho COM 50540r409 765 4,961 SH   SOLE   4,961 0 0
Ladder Capital Corp COM 505743104 258 19,259 SH   SOLE   19,259 0 0
Lam Research Corp. COM COM 512807108 8 60 SH   SOLE   60 0 0
Lear Corp. COM 521865204 455 3,200 SH   SOLE   3,200 0 0
Leidos Holdings Inc COM 525327102 434 8,389 SH   SOLE   8,389 0 0
LENNAR CORP CL A COMMON STOCK COM 526057104 450 8,441 SH   SOLE   8,441 0 0
LINCOLN NATIONAL CORP COMMON S COM 534187109 427 6,320 SH   SOLE   6,320 0 0
Lithia Motors Inc. - Class A COM 536797103 37 394 SH   SOLE   394 0 0
Lloyds TSB Group SPD ADR COM 539439109 5 1,330 SH   SOLE   1,330 0 0
LYONDELLBASELL INDU-CL A COM N53745100 1,158 13,718 SH   SOLE   13,156 562 0
M D C Hldgs Inc Com COM 552676108 51 1,432 SH   SOLE   1,432 0 0
Macy's Inc. COM 55616p104 327 14,091 SH   SOLE   14,091 0 0
Magna International CL A VTG COM 559222401 803 17,336 SH   SOLE   16,537 799 0
Mallinckrodt PLC COM G5785G107 4 84 SH   SOLE   84 0 0
Manpower Inc. COM 56418H100 7 67 SH   SOLE   67 0 0
Manulife Financial Corp. COM 56501R106 988 52,680 SH   SOLE   50,353 2,327 0
Marathon Petroleum Corp COM 56585a102 8 146 SH   SOLE   146 0 0
Mckesson Corporation COM 58155Q103 1,124 6,834 SH   SOLE   6,834 0 0
MEDICAL PROPERTIES TRUST REIT COM 58463J304 48 3,741 SH   SOLE   3,741 0 0
MEDNAX INC COM 58502B106 19 310 SH   SOLE   310 0 0
MEREDITH CORP COM 589433101 12 208 SH   SOLE   208 0 0
Meritage Corp. COM 59001A102 355 8,420 SH   SOLE   8,420 0 0
Meritor Inc. COM 59001K100 300 18,045 SH   SOLE   18,045 0 0
METLIFE INC COMMON STOCK USD.0 COM 59156R108 2,428 44,190 SH   SOLE   43,295 895 0
MFA FINANCIAL INC REIT USD.01 COM 55272X102 328 39,106 SH   SOLE   39,106 0 0
MGIC Investment Corp/Wi COM 552848103 339 30,231 SH   SOLE   30,231 0 0
Michael Kors Holdings Ltd. COM G60754101 4 101 SH   SOLE   101 0 0
MICROSEMI CORPORATION COM 595137100 51 1,082 SH   SOLE   1,082 0 0
Milacron Holdings Corp COM 59870L106 270 15,351 SH   SOLE   15,351 0 0
Minerals Technologies Com COM 603158106 32 434 SH   SOLE   434 0 0
Mitsubishi UFJ Financial Group COM 606822104 7 1,057 SH   SOLE   1,057 0 0
Mizuho Finl Group Inc. COM 60687Y109 6 1,662 SH   SOLE   1,662 0 0
Mobile TeleSystems OJSC ADR COM 607409109 5 583 SH   SOLE   583 0 0
Morgan Stanley COM 617446448 1,062 23,828 SH   SOLE   23,828 0 0
MSG Networks Inc. COM 553573106 281 12,538 SH   SOLE   12,538 0 0
National General Holdings Corp COM 636220303 31 1,482 SH   SOLE   1,482 0 0
Navient Corp COM 63938C108 355 21,336 SH   SOLE   21,336 0 0
NCR Corp COM 62886E108 393 9,622 SH   SOLE   9,622 0 0
Neenah Paper Inc. COM 640079109 13 165 SH   SOLE   165 0 0
NELNET INC CL A COM 64031N108 323 6,877 SH   SOLE   6,877 0 0
NETAPP INC COM 64110D104 27 665 SH   SOLE   665 0 0
NETGEAR INC. COM 64111Q104 28 653 SH   SOLE   653 0 0
Neustar Inc. Class A COM 64126X201 305 9,133 SH   SOLE   9,133 0 0
New Residential Investment COM 64828T201 389 24,976 SH   SOLE   24,976 0 0
New York Community Bancorp COM 649445103 410 31,264 SH   SOLE   31,264 0 0
NEWMONT MINING CORP COM 651639106 773 23,856 SH   SOLE   23,018 838 0
NOBLE ENERGY INC COMMON STOCK COM 655044105 195 6,878 SH   SOLE   6,878 0 0
Nomura Hldg Inc Spons- ADR COM 65535H208 8 1,294 SH   SOLE   1,294 0 0
Nordstrom Inc. COM 655664100 6 133 SH   SOLE   133 0 0
Norwegian Cruise Line Holdings COM G66721104 473 8,715 SH   SOLE   8,715 0 0
Nuance Communications, Inc. COM 67020Y100 438 25,171 SH   SOLE   25,171 0 0
NXP Semiconductors NV COM N6596X109 952 8,699 SH   SOLE   8,507 192 0
Oaktree Capital Group, LLC Cla COM 674001201 45 972 SH   SOLE   972 0 0
OCCIDENTAL PETE CORP COM 674599105 802 13,396 SH   SOLE   12,828 568 0
Office Depot, Inc. COM 676220106 39 6,848 SH   SOLE   6,848 0 0
OLD NATIONAL BANCORP COM 680033107 34 1,947 SH   SOLE   1,947 0 0
Old Republic Intl Corp COM 680223104 399 20,450 SH   SOLE   20,450 0 0
Omega Healthcare Investors COM 681936100 18 538 SH   SOLE   538 0 0
On Assignment, Inc. COM 682159108 38 698 SH   SOLE   698 0 0
On Semiconductor Cort COM 682189105 18 1,285 SH   SOLE   1,285 0 0
Onemain Holdings Inc. COM 68268w103 321 13,051 SH   SOLE   13,051 0 0
Opus Bank COM 684000102 139 5,729 SH   SOLE   5,729 0 0
Oracle Corp COM 68389X105 2,138 42,640 SH   SOLE   41,235 1,405 0
ORANGE-SPON ADR COM 684060106 5 300 SH   SOLE   300 0 0
Orbital ATK Inc. COM 68557N103 333 3,390 SH   SOLE   3,390 0 0
ORIX SPONSORED ADR COM 686330101 6 77 SH   SOLE   77 0 0
OWENS &MINOR INC HLDG CO COM 690732102 31 948 SH   SOLE   948 0 0
OWENS ILLINOIS INC COMMON STOC COM 690768403 369 15,422 SH   SOLE   15,422 0 0
PACCAR INC COMMON STOCK USD1.0 COM 693718108 6 92 SH   SOLE   92 0 0
Party City Holdco Inc. COM 702149105 48 3,061 SH   SOLE   3,061 0 0
PEARSON SPONSORED ADR COM 705015105 4 428 SH   SOLE   428 0 0
Pennymac Mortgage Investment COM 70931t103 13 700 SH   SOLE   700 0 0
Penske Auto Group COM 70959w103 44 1,010 SH   SOLE   1,010 0 0
PFIZER INCORPORATED COM 717081103 981 29,210 SH   SOLE   29,210 0 0
Phillips 66 COM 718546104 1,006 12,162 SH   SOLE   11,656 506 0
Pilgrims Pride Corp COM 72147K108 448 20,444 SH   SOLE   20,444 0 0
PITNEY BOWES INC COM 724479100 1,120 74,200 SH   SOLE   72,813 1,387 0
Plexus Corp COM 729132100 12 232 SH   SOLE   232 0 0
Ply Gem Holdings, Inc. COM 72941W100 12 665 SH   SOLE   665 0 0
PNC FINL SERVICES GP INC COM 693475105 1,597 12,787 SH   SOLE   12,257 530 0
Polaris Inds Inc Com COM 731068102 6 62 SH   SOLE   62 0 0
Polyone Corp Com COM 73179P106 37 964 SH   SOLE   964 0 0
PPL CORPORATION COMMON STOCK U COM 69351T106 1,602 41,437 SH   SOLE   40,963 474 0
PRINCIPAL FINANCIAL GROUP COMM COM 74251V102 424 6,621 SH   SOLE   6,621 0 0
PRUDENTIAL FINANCIAL INC COMMO COM 744320102 2,506 23,174 SH   SOLE   22,650 524 0
Prudential PLC ADR COM 74435K204 6 141 SH   SOLE   141 0 0
PUBLIC SERVICE ENTERPRISE GP C COM 744573106 938 21,816 SH   SOLE   21,816 0 0
Pulte Homes, Inc COM 745867101 453 18,466 SH   SOLE   18,466 0 0
QORVO INC. COM 74736k101 368 5,811 SH   SOLE   5,811 0 0
Quad/Graphics, Inc. Class A COM 747301109 12 513 SH   SOLE   513 0 0
QUALCOMM INC COMMON STOCK USD. COM 747525103 1,664 30,139 SH   SOLE   29,619 520 0
Quest Diagnostics Inc. COM 74834L100 1,294 11,641 SH   SOLE   11,169 472 0
Radian Group Inc. COM 750236101 286 17,495 SH   SOLE   17,495 0 0
Redwood Trust Inc COM 758075402 290 17,032 SH   SOLE   17,032 0 0
Regal Beloit Corp. COM 758750103 35 431 SH   SOLE   431 0 0
Regions Financial Corp. New COM 7591ep100 27 1,859 SH   SOLE   1,859 0 0
Reinsurance Group Of America I COM 759351604 422 3,288 SH   SOLE   3,288 0 0
RELIANCE STEEL & ALUMINUM COMM COM 759509102 19 257 SH   SOLE   257 0 0
REYNOLDS AMERICAN INC COM 761713106 1,263 19,414 SH   SOLE   18,839 575 0
RIO Tinto PLC, Spon ADR COM 767204100 2,273 53,718 SH   SOLE   52,790 928 0
ROBERT HALF INTL INC COMMON ST COM 770323103 6 128 SH   SOLE   128 0 0
Royal Bank of Canada COM 780087102 997 13,744 SH   SOLE   13,744 0 0
ROYAL DUTCH SHELL PLC ADR ADR COM 780259206 0 5 SH   SOLE   5 0 0
RPC Inc. COM 749660106 155 7,650 SH   SOLE   7,650 0 0
RYDER SYSTEM INC COM 783549108 44 607 SH   SOLE   607 0 0
S & T Bancorp Inc. COM 783859101 13 368 SH   SOLE   368 0 0
Safety Insurance Group Inc. COM 78648T100 12 178 SH   SOLE   178 0 0
SANDERSON FARMS INC COMMON STO COM 800013104 345 2,987 SH   SOLE   2,987 0 0
Sanmina Corp COM 801056102 44 1,159 SH   SOLE   1,159 0 0
Sanofi-ADR COM 80105N105 6 132 SH   SOLE   132 0 0
Sasol LTD Sponsored ADR COM 803866300 5 188 SH   SOLE   188 0 0
Schweitzer-Mauduit Com COM 808541106 252 6,766 SH   SOLE   6,766 0 0
SCRIPPS NETWORKS INTER CL A CO COM 811065101 385 5,635 SH   SOLE   5,635 0 0
Seagate Technology COM G7945M107 765 19,735 SH   SOLE   19,735 0 0
SELECT MEDICAL HOLDINGS CORP COM 81619Q105 38 2,462 SH   SOLE   2,462 0 0
Selective Ins Group Com COM 816300107 36 717 SH   SOLE   717 0 0
Sensata Technologies Holding COM N7902X106 6 141 SH   SOLE   141 0 0
SHINHAN FINANCIAL GP SPN ADR R COM 824596100 7 154 SH   SOLE   154 0 0
Signet Jewelers LTD COM G81276100 4 60 SH   SOLE   60 0 0
Simmons First Nat'l Corp. - Cl COM 828730200 32 608 SH   SOLE   608 0 0
Sinclair Broadcast Group - A COM 829226109 27 829 SH   SOLE   829 0 0
Skywest, Inc. COM 830879102 353 10,062 SH   SOLE   10,062 0 0
Skyworks Solutions, Inc. COM 83088M102 1,578 16,444 SH   SOLE   15,858 586 0
SOUTHWEST AIRLINES CO COMMON S COM 844741108 1,090 17,546 SH   SOLE   17,546 0 0
Spartannash Co. COM 847215100 9 352 SH   SOLE   352 0 0
Spectra Energy Partners LP COM 84756n109 393 9,158 SH   SOLE   9,158 0 0
SPIRIT AEROSYSTEMS HOLD CL A C COM 848574109 747 12,889 SH   SOLE   12,889 0 0
Sprit Airlines Inc COM 848577102 313 6,054 SH   SOLE   6,054 0 0
STAPLES INC COM 855030102 26 2,577 SH   SOLE   2,577 0 0
Starwood Property Trust Inc COM 85571b105 455 20,321 SH   SOLE   20,321 0 0
State Street Corp COM 857477103 1,086 12,108 SH   SOLE   12,108 0 0
Steel Dynamics Inc Com COM 858119100 19 543 SH   SOLE   543 0 0
Steelcase Inc-Cl A COM 858155203 27 1,952 SH   SOLE   1,952 0 0
SUMITOMO MITSUI-SPONS ADR COM 86562M209 7 833 SH   SOLE   833 0 0
Sun Life Financial Inc. COM 866796105 5 146 SH   SOLE   146 0 0
SUNTRUST BANKS INC COM 867914103 2,839 50,060 SH   SOLE   48,986 1,074 0
Sykes Enterprises Inc Com COM 871237103 15 433 SH   SOLE   433 0 0
SYNAPTICS INC COM 87157D109 320 6,184 SH   SOLE   6,184 0 0
Synchronoss Technologies Inc. COM 87157B103 192 11,672 SH   SOLE   11,672 0 0
Synchrony Financial COM 87165b103 900 30,172 SH   SOLE   30,172 0 0
Synnex Corp. COM 87162w100 468 3,898 SH   SOLE   3,898 0 0
T ROWE PRICE GROUP INC COMMON COM 74144T108 450 6,070 SH   SOLE   6,070 0 0
TARGET CORP COMMON STOCK USD.0 COM 87612E106 976 18,668 SH   SOLE   18,668 0 0
Taro Pharmaceuticals COM M8737E108 4 36 SH   SOLE   36 0 0
TATA MTRS LTD SPONSORED ADR COM 876568502 5 142 SH   SOLE   142 0 0
TCF FINL CORP COM 872275102 44 2,781 SH   SOLE   2,781 0 0
Tech Data Corp. COM 878237106 49 482 SH   SOLE   482 0 0
Tenneco Inc. COM 880349105 311 5,385 SH   SOLE   5,385 0 0
TERADATA CORP DEL COM COM 88076w103 18 611 SH   SOLE   611 0 0
TESORO CORPORATION COM 881609101 359 3,833 SH   SOLE   3,833 0 0
Teva Pharmaceutical Industries COM 881624209 1,476 44,438 SH   SOLE   43,632 806 0
The Dun & Bradstreet Corp COM 26483E100 46 425 SH   SOLE   425 0 0
Time Inc. COM 887228104 25 1,776 SH   SOLE   1,776 0 0
TIVO CORP COM 88870P106 317 17,001 SH   SOLE   17,001 0 0
Toll Brothers Inc Com COM 889478103 36 902 SH   SOLE   902 0 0
TORCHMARK CORP COMMON STOCK US COM 891027104 6 83 SH   SOLE   83 0 0
Toronto-Dominion Bank COM 891160509 1,190 23,622 SH   SOLE   23,622 0 0
Toyota Motor Corp. ADR COM 892331307 52 496 SH   SOLE   496 0 0
Tri Pointe Group Inc. COM 87265h109 340 25,743 SH   SOLE   25,743 0 0
Trinseo SA COM L9340P101 320 4,662 SH   SOLE   4,662 0 0
Triumph Group Inc New Com COM 896818101 350 11,079 SH   SOLE   11,079 0 0
TTM Technologies COM 87305r109 336 19,346 SH   SOLE   19,346 0 0
TUPPERWARE CORPORATION COM 899896104 36 507 SH   SOLE   507 0 0
Turkcell iletism adr COM 900111204 5 570 SH   SOLE   570 0 0
TUTOR PERINI CORP COM 901109108 260 9,030 SH   SOLE   9,030 0 0
Twenty-First Century Fox-A COM 90130A101 47 1,657 SH   SOLE   1,657 0 0
Two Harbors Investment Corp COM 90187B101 323 32,553 SH   SOLE   32,553 0 0
Tyson Foods Inc CL A COM 902494103 968 15,459 SH   SOLE   15,459 0 0
U S BANCORP DEL NEW COM 902973304 965 18,591 SH   SOLE   18,591 0 0
UBS AG COM H42097107 6 342 SH   SOLE   342 0 0
Umpqua Holdings Corp. COM 904214103 44 2,393 SH   SOLE   2,393 0 0
UNITED CONTINENTAL HOLDINGS COM 910047109 46 609 SH   SOLE   609 0 0
United Nat Foods Inc. COM 911163103 42 1,142 SH   SOLE   1,142 0 0
UNITED RENTALS INC COM COM 911363109 397 3,520 SH   SOLE   3,520 0 0
United Therapueutics Corp. COM 91307C102 450 3,466 SH   SOLE   3,466 0 0
Universal Health Svcs -Clb COM 913903100 19 153 SH   SOLE   153 0 0
UNUM GROUP COMMON STOCK USD.1 COM 91529Y106 416 8,928 SH   SOLE   8,928 0 0
USANA Health Sciences, Inc. COM 90328M107 26 411 SH   SOLE   411 0 0
VALERO ENERGY CORP NEW COM 91913y100 1,270 18,830 SH   SOLE   18,087 743 0
Valero Energy Partners LP COM 91914J102 43 953 SH   SOLE   953 0 0
VERIFONE HLDGS INC COM COM 92342Y109 318 17,571 SH   SOLE   17,571 0 0
VERIZON COMMUNICATIONS COM 92343v104 1,802 40,343 SH   SOLE   39,514 829 0
Viacom Inc - Class B COM 92553P201 830 24,716 SH   SOLE   24,062 654 0
VOYA FINANCIAL INC COM 929089100 429 11,642 SH   SOLE   11,642 0 0
VWR Corp. COM 91843L103 39 1,196 SH   SOLE   1,196 0 0
Wabash National Corp. COM 929566107 293 13,320 SH   SOLE   13,320 0 0
WADDELL & REED FINL CL A COM 930059100 305 16,180 SH   SOLE   16,180 0 0
Walker & Dunlop Inc. COM 93148p102 331 6,777 SH   SOLE   6,777 0 0
Walker & Dunlop Inc. COM 93148p102 331 6,777 SH   SOLE   6,777 0 0
WELLS FARGO & CO NEW COM 949746101 3,573 64,476 SH   SOLE   62,301 2,175 0
WesBanco Inc. COM 950810101 35 873 SH   SOLE   873 0 0
WesBanco Inc. COM 950810101 35 873 SH   SOLE   873 0 0
Wesco Aircraft Holdings Inc. COM 950814103 260 23,935 SH   SOLE   23,935 0 0
Wesco Aircraft Holdings Inc. COM 950814103 260 23,935 SH   SOLE   23,935 0 0
Wesco Intl Inc Com COM 95082P105 12 217 SH   SOLE   217 0 0
Wesco Intl Inc Com COM 95082P105 12 217 SH   SOLE   217 0 0
WESTERN DIGITAL CORP COMMON ST COM 958102105 3,099 34,974 SH   SOLE   34,146 828 0
WESTERN UN CO COM 959802109 425 22,304 SH   SOLE   22,304 0 0
Westlake Chemical Corp COM 960413102 7 113 SH   SOLE   113 0 0
Westpac Banking Corp- ADR COM 961214301 5 230 SH   SOLE   230 0 0
Westpac Banking Corp- ADR COM 961214301 5 230 SH   SOLE   230 0 0
Wheaton Precious Metals Corp COM 962879102 171 8,596 SH   SOLE   8,596 0 0
WHIRLPOOL CORP COMMON STOCK US COM 963320106 492 2,566 SH   SOLE   2,566 0 0
Williams-Sonoma Inc. COM 969904101 12 252 SH   SOLE   252 0 0
Worthington Industries Inc COM 981811102 39 770 SH   SOLE   770 0 0
Wyndham Worldwide Corp. COM 98310w108 491 4,887 SH   SOLE   4,887 0 0
XEROX CORP COMMON STOCK USD1.0 COM 984121103 434 15,106 SH   SOLE   15,106 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 1,058 8,236 SH   SOLE   8,236 0 0