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
AMC Networks Inc. Class A COM 00164V103 1,045 17,000 SH   SOLE   17,000 0 0
AON Corp. COM G0408V102 3,440 38,180 SH   SOLE   38,180 0 0
AbbVie Inc COM 00287Y109 5,130 90,900 SH   SOLE   90,900 0 0
Abbott Laboratories COM 002824100 2,524 61,700 SH   SOLE   61,700 0 0
Accenture Plc. COM G1151C101 5,487 67,870 SH   SOLE   67,870 0 0
Actavis Plc COM G0083B108 5,638 25,275 SH   SOLE   25,275 0 0
Affiliated Managers Group Inc. COM 008252108 493 2,400 SH   SOLE   2,400 0 0
Airgas Inc. COM 009363102 1,089 10,000 SH   SOLE   10,000 0 0
Alaska Air Group Inc. COM 011659109 5,175 54,450 SH   SOLE   54,450 0 0
Alexion Pharmaceuticals COM 015351109 2,250 14,400 SH   SOLE   14,400 0 0
Allete Inc. COM 018522300 837 16,300 SH   SOLE   16,300 0 0
Alliance Data Systems Corp. COM 018581108 1,181 4,200 SH   SOLE   4,200 0 0
Alliance Resource Partners L.P COM 01877R108 12,656 271,300 SH   SOLE   271,300 0 0
American Express Co. COM 025816109 674 7,100 SH   SOLE   7,100 0 0
American Financial Group Inc. COM 025932104 429 7,200 SH   SOLE   7,200 0 0
American International Group I COM 026874784 633 11,600 SH   SOLE   11,600 0 0
AmerisourceBergen Corp. (Holdi COM 03073E105 2,688 37,000 SH   SOLE   37,000 0 0
Anadarko Petroleum Corp. COM 032511107 10,246 93,600 SH   SOLE   93,600 0 0
Andersons Inc. COM 034164103 397 7,700 SH   SOLE   7,700 0 0
Apple Inc. COM 037833100 8,021 86,310 SH   SOLE   86,310 0 0
Aqua America Inc. COM 03836W103 1,042 39,725 SH   SOLE   39,725 0 0
Arthur J. Gallagher & Co. COM 363576109 429 9,200 SH   SOLE   9,200 0 0
Ashland Inc. COM 044209104 761 7,000 SH   SOLE   7,000 0 0
Atmos Energy Corp. COM 049560105 16,714 313,000 SH   SOLE   313,000 0 0
Atwood Oceanics Inc. COM 050095108 1,340 25,540 SH   SOLE   25,540 0 0
Avery Dennison Corp. COM 053611109 13,789 269,060 SH   SOLE   269,060 0 0
Avista Corp COM 05379B107 1,642 49,000 SH   SOLE   49,000 0 0
BB&T Corp. COM 054937107 284 7,200 SH   SOLE   7,200 0 0
BCE Inc. COM 05534B760 399 8,800 SH   SOLE   8,800 0 0
Baxter International Inc. COM 071813109 1,540 21,300 SH   SOLE   21,300 0 0
Bemis Co. Inc. COM 081437105 610 15,000 SH   SOLE   15,000 0 0
Biogen Idec Inc. COM 09062X103 11,181 35,460 SH   SOLE   35,460 0 0
Boeing Co. COM 097023105 636 5,000 SH   SOLE   5,000 0 0
BorgWarner Inc. COM 099724106 398 6,100 SH   SOLE   6,100 0 0
Boston Beer Co. COM 100557107 2,481 11,100 SH   SOLE   11,100 0 0
Boston Scientific Corp. COM 101137107 684 53,600 SH   SOLE   53,600 0 0
Bristow Group Inc. COM 110394103 40,964 508,110 SH   SOLE   508,110 0 0
Brown & Brown Inc. COM 115236101 544 17,700 SH   SOLE   17,700 0 0
Bunge Ltd. COM G16962105 1,752 23,160 SH   SOLE   23,160 0 0
C.R. Bard Inc. COM 067383109 1,573 11,000 SH   SOLE   11,000 0 0
CBS Corp (Cl B) COM 124857202 3,498 56,300 SH   SOLE   56,300 0 0
CF Industries Holdings Inc. COM 125269100 601 2,500 SH   SOLE   2,500 0 0
CIGNA Corp. COM 125509109 3,889 42,290 SH   SOLE   42,290 0 0
CMS Energy Corp. COM 125896100 28,624 918,900 SH   SOLE   918,900 0 0
CSX Corp. COM 126408103 2,808 91,142 SH   SOLE   91,142 0 0
CVS Caremark Corporation COM 126650100 1,417 18,800 SH   SOLE   18,800 0 0
Cabot Corp. COM 127055101 580 10,000 SH   SOLE   10,000 0 0
Camden Property Trust COM 133131102 441 6,200 SH   SOLE   6,200 0 0
Cameron International Corp COM 13342B105 11,280 166,600 SH   SOLE   166,600 0 0
Cardinal Health Inc. COM 14149Y108 3,359 49,000 SH   SOLE   49,000 0 0
Caterpillar Inc. COM 149123101 1,087 10,000 SH   SOLE   10,000 0 0
Cedar Fair L.P. COM 150185106 1,434 27,100 SH   SOLE   27,100 0 0
Celanese Corp. (Series A) COM 150870103 1,286 20,000 SH   SOLE   20,000 0 0
Celgene Corp. COM 151020104 11,218 130,620 SH   SOLE   130,620 0 0
Chevron Corp. COM 166764100 16,162 123,800 SH   SOLE   123,800 0 0
Church & Dwight Co. COM 171340102 1,847 26,400 SH   SOLE   26,400 0 0
Clearwater Paper Corporation COM 18538R103 2,469 40,000 SH   SOLE   40,000 0 0
Cleco Corp. COM 12561W105 914 15,500 SH   SOLE   15,500 0 0
Coca-Cola Co. COM 191216100 5,147 121,500 SH   SOLE   121,500 0 0
Coca-Cola Enterprises Inc. COM 19122T109 502 10,500 SH   SOLE   10,500 0 0
Cognizant Technology Solutions COM 192446102 1,086 22,200 SH   SOLE   22,200 0 0
Coherent Inc. COM 192479103 801 12,100 SH   SOLE   12,100 0 0
Colgate-Palmolive Co. COM 194162103 1,582 23,200 SH   SOLE   23,200 0 0
Comcast Corp. COM 20030N101 10,435 194,400 SH   SOLE   194,400 0 0
ConAgra Foods Inc. COM 205887102 5,239 176,500 SH   SOLE   176,500 0 0
Conn's, Inc. COM 208242107 1,906 38,600 SH   SOLE   38,600 0 0
ConocoPhillips COM 20825C104 42,985 501,400 SH   SOLE   501,400 0 0
Continental Resources, Inc. COM 212015101 23,548 149,000 SH   SOLE   149,000 0 0
Cooper Cos. COM 216648402 3,280 24,200 SH   SOLE   24,200 0 0
Corrections Corp. of America COM 22025Y407 470 14,300 SH   SOLE   14,300 0 0
Costco Wholesale Corp. COM 22160K105 8,134 70,630 SH   SOLE   70,630 0 0
Covance Inc. COM 222816100 3,937 46,000 SH   SOLE   46,000 0 0
Cracker Barrel Old Country Sto COM 22410J106 846 8,500 SH   SOLE   8,500 0 0
Crane Co. COM 224399105 825 11,100 SH   SOLE   11,100 0 0
Credicorp Ltd COM G2519Y108 979 6,300 SH   SOLE   6,300 0 0
Cyberonics, Inc. COM 23251P102 1,655 26,500 SH   SOLE   26,500 0 0
DTE Energy Co. COM 233331107 1,355 17,400 SH   SOLE   17,400 0 0
Danaher Corp. COM 235851102 1,362 17,300 SH   SOLE   17,300 0 0
Delta Air Lines Inc. COM 247361702 542 14,000 SH   SOLE   14,000 0 0
Discover Financial Services COM 254709108 4,215 68,000 SH   SOLE   68,000 0 0
Discovery Communications Inc. COM 25470F104 6,281 84,560 SH   SOLE   84,560 0 0
Dollar Tree Stores Inc. COM 256746108 1,111 20,400 SH   SOLE   20,400 0 0
Dorman Products, Inc. COM 258278100 1,090 22,100 SH   SOLE   22,100 0 0
Dow Chemical Co. COM 260543103 5,074 98,600 SH   SOLE   98,600 0 0
Dr Pepper Snapple Group Inc. COM 26138E109 1,588 27,100 SH   SOLE   27,100 0 0
Dril-Quip Inc. COM 262037104 39,768 364,040 SH   SOLE   364,040 0 0
Duke Energy Corp. COM 26441C204 2,582 34,800 SH   SOLE   34,800 0 0
E.I. DuPont de Nemours & Co. COM 263534109 4,254 65,000 SH   SOLE   65,000 0 0
EOG Resources Inc. COM 26875P101 25,370 217,100 SH   SOLE   217,100 0 0
Eagle Materials Inc. COM 26969P108 2,828 30,000 SH   SOLE   30,000 0 0
Eastman Chemical Co. COM 277432100 2,184 25,000 SH   SOLE   25,000 0 0
Eaton Corp. PLC COM G29183103 3,169 41,058 SH   SOLE   41,058 0 0
Eaton Vance Corp. COM 278265103 446 11,800 SH   SOLE   11,800 0 0
Ecolab Inc. COM 278865100 5,132 46,090 SH   SOLE   46,090 0 0
Emergent Biosolutions Inc. COM 29089Q105 4,189 186,490 SH   SOLE   186,490 0 0
Encore Capital Group Inc. COM 292554102 6,409 141,110 SH   SOLE   141,110 0 0
Equitable Resources Inc. COM 26884L109 48,725 455,800 SH   SOLE   455,800 0 0
Express Scripts Inc. COM 30219G108 1,387 20,000 SH   SOLE   20,000 0 0
Exxon Mobil Corp. COM 30231G102 46,514 462,000 SH   SOLE   462,000 0 0
FEI Co. COM 30241L109 308 3,400 SH   SOLE   3,400 0 0
FMC Corp. COM 302491303 12,584 176,770 SH   SOLE   176,770 0 0
FMC Technologies Inc. COM 30249U101 31,539 516,445 SH   SOLE   516,445 0 0
Facebook, Inc. Class A COM 30303M102 6,850 101,800 SH   SOLE   101,800 0 0
Finish Line Inc. COM 317923100 2,894 97,300 SH   SOLE   97,300 0 0
First Cash Financial Services COM 31942D107 219 3,800 SH   SOLE   3,800 0 0
FirstService Corp. COM 33761N109 713 14,100 SH   SOLE   14,100 0 0
Flowers Foods, Inc. COM 343498101 405 19,200 SH   SOLE   19,200 0 0
Flowserve Corp. COM 34354P105 1,115 15,000 SH   SOLE   15,000 0 0
Fluor Corp. COM 343412102 2,329 30,280 SH   SOLE   30,280 0 0
Fox Factory Holding Corp. COM 35138V102 498 28,300 SH   SOLE   28,300 0 0
Franklin Resources Inc. COM 354613101 810 14,010 SH   SOLE   14,010 0 0
Freeport-McMoRan Inc. COM 35671D857 4,562 125,000 SH   SOLE   125,000 0 0
GAMCO Investors, Inc. Class A COM 361438104 656 7,900 SH   SOLE   7,900 0 0
GNC Holdings, Inc. Class A COM 36191G107 327 9,600 SH   SOLE   9,600 0 0
GameStop Corp. COM 36467W109 433 10,700 SH   SOLE   10,700 0 0
General Electric Co. COM 369604103 2,483 94,500 SH   SOLE   94,500 0 0
Genesee & Wyoming Inc. COM 371559105 6,730 64,100 SH   SOLE   64,100 0 0
Geospace Technologies Corporat COM 37364X109 7,987 145,000 SH   SOLE   145,000 0 0
Gilead Sciences Inc. COM 375558103 9,948 119,982 SH   SOLE   119,982 0 0
Glacier Bancorp Inc. COM 37637Q105 610 21,500 SH   SOLE   21,500 0 0
Goldcorp Inc. COM 380956409 1,395 50,000 SH   SOLE   50,000 0 0
Google Inc Cl A COM 38259p508 3,172 5,425 SH   SOLE   5,425 0 0
Google Inc Cl C COM 38259P706 3,121 5,425 SH   SOLE   5,425 0 0
Graphic Packaging Holding Comp COM 388689101 2,047 175,000 SH   SOLE   175,000 0 0
H.B. Fuller Co. COM 359694106 1,924 40,000 SH   SOLE   40,000 0 0
Halliburton Co. COM 406216101 29,135 410,300 SH   SOLE   410,300 0 0
Harley-Davidson Inc. COM 412822108 1,264 18,100 SH   SOLE   18,100 0 0
Hawaiian Electric Industries I COM 419870100 1,043 41,200 SH   SOLE   41,200 0 0
Health Care Property Investors COM 40414L109 497 12,000 SH   SOLE   12,000 0 0
Healthcare Services Group COM 421906108 5,704 193,750 SH   SOLE   193,750 0 0
Hibbett Sports, Inc. COM 428567101 376 6,940 SH   SOLE   6,940 0 0
Hollyfrontier Corp COM 436106108 18,459 422,500 SH   SOLE   422,500 0 0
Home Depot Inc. COM 437076102 17,317 213,890 SH   SOLE   213,890 0 0
Honeywell International Inc. COM 438516106 465 5,000 SH   SOLE   5,000 0 0
INVESCO Ltd. COM G491BT108 3,084 81,700 SH   SOLE   81,700 0 0
Informatica Corp. COM 45666Q102 941 26,400 SH   SOLE   26,400 0 0
Ingredion Inc. COM 457187102 4,135 55,100 SH   SOLE   55,100 0 0
Innospec Inc. COM 45768S105 1,943 45,000 SH   SOLE   45,000 0 0
IntercontinentalExchange Inc. COM 45865V100 208 1,100 SH   SOLE   1,100 0 0
International Business Machine COM 459200101 2,213 12,210 SH   SOLE   12,210 0 0
International Paper Co. COM 460146103 11,860 235,000 SH   SOLE   235,000 0 0
Intuit Inc. COM 461202103 974 12,100 SH   SOLE   12,100 0 0
J.B. Hunt Transport Services I COM 445658107 406 5,500 SH   SOLE   5,500 0 0
J.M. Smucker Co. COM 832696405 1,854 17,400 SH   SOLE   17,400 0 0
JPMorgan Chase & Co. COM 46625H100 375 6,500 SH   SOLE   6,500 0 0
Jacobs Engineering Group Inc. COM 469814107 666 12,500 SH   SOLE   12,500 0 0
Jarden Corp. COM 471109108 2,722 45,865 SH   SOLE   45,865 0 0
Jazz Pharmaceuticals Plc COM G50871105 6,320 42,990 SH   SOLE   42,990 0 0
JetBlue Airways Corp. COM 477143101 493 45,400 SH   SOLE   45,400 0 0
Johnson & Johnson COM 478160104 8,234 78,700 SH   SOLE   78,700 0 0
Jones Lang LaSalle Inc. COM 48020Q107 720 5,700 SH   SOLE   5,700 0 0
KLA-Tencor Corp. COM 482480100 1,213 16,700 SH   SOLE   16,700 0 0
Kimberly-Clark Corp. COM 494368103 311 2,800 SH   SOLE   2,800 0 0
Knoll Inc. COM 498904200 262 15,100 SH   SOLE   15,100 0 0
LKQ Corp. COM 501889208 1,372 51,400 SH   SOLE   51,400 0 0
LSB Industries, Inc. COM 502160104 1,042 25,000 SH   SOLE   25,000 0 0
Laclede Group Inc. COM 505597104 13,342 274,800 SH   SOLE   274,800 0 0
Landec Corporation COM 514766104 2,061 165,000 SH   SOLE   165,000 0 0
Landstar System Inc. COM 515098101 320 5,000 SH   SOLE   5,000 0 0
Las Vegas Sands Corp. COM 517834107 861 11,300 SH   SOLE   11,300 0 0
LifeLock, Inc. COM 53224V100 2,415 173,000 SH   SOLE   173,000 0 0
Ligand Pharmaceuticals Incorpo COM 53220K504 1,289 20,700 SH   SOLE   20,700 0 0
Lorillard Inc. COM 544147101 1,445 23,700 SH   SOLE   23,700 0 0
Lumber Liquidators Holdings, I COM 55003T107 9,798 129,010 SH   SOLE   129,010 0 0
LyondellBasell Industries N.V. COM N53745100 16,897 173,040 SH   SOLE   173,040 0 0
MFA Financial Inc. COM 55272X102 345 42,000 SH   SOLE   42,000 0 0
MSC Industrial Direct Co. COM 553530106 1,081 11,300 SH   SOLE   11,300 0 0
MTS Systems Corp. COM 553777103 806 11,900 SH   SOLE   11,900 0 0
Macy's Inc. COM 55616P104 319 5,500 SH   SOLE   5,500 0 0
Main Street Capital Corporatio COM 56035L104 820 24,900 SH   SOLE   24,900 0 0
Marathon Petroleum Corp COM 56585A102 25,318 324,300 SH   SOLE   324,300 0 0
MasTec, Inc. COM 576323109 280 9,100 SH   SOLE   9,100 0 0
Mastercard Inc. COM 57636Q104 5,980 81,400 SH   SOLE   81,400 0 0
Maximus Inc. COM 577933104 1,730 40,210 SH   SOLE   40,210 0 0
McCormick & Co. Inc. COM 579780206 909 12,700 SH   SOLE   12,700 0 0
McKesson Corp. COM 58155Q103 11,843 63,600 SH   SOLE   63,600 0 0
Mead Johnson Nutrition Company COM 582839106 457 4,900 SH   SOLE   4,900 0 0
Medtronic Inc. COM 585055106 2,678 42,000 SH   SOLE   42,000 0 0
Mentor Graphics Corp. COM 587200106 1,648 76,400 SH   SOLE   76,400 0 0
Methanex Corp. COM 59151K108 9,474 153,350 SH   SOLE   153,350 0 0
Methode Electronics Inc. COM 591520200 6,817 178,400 SH   SOLE   178,400 0 0
Michael Kors Holdings Ltd COM G60754101 461 5,200 SH   SOLE   5,200 0 0
Micron Technology Inc. COM 595112103 1,980 60,100 SH   SOLE   60,100 0 0
Microsoft Corp. COM 594918104 1,230 29,500 SH   SOLE   29,500 0 0
Middleby Corp. COM 596278101 372 4,500 SH   SOLE   4,500 0 0
Mohawk Industries Inc. COM 608190104 4,733 34,210 SH   SOLE   34,210 0 0
Monsanto Co. COM 61166W101 8,108 65,000 SH   SOLE   65,000 0 0
Moody's Corp. COM 615369105 614 7,000 SH   SOLE   7,000 0 0
Movado Group, Inc. COM 624580106 1,900 45,600 SH   SOLE   45,600 0 0
Multimedia Games Inc. COM 625453105 210 7,100 SH   SOLE   7,100 0 0
National Oilwell Varco Inc. COM 637071101 16,182 196,500 SH   SOLE   196,500 0 0
Newell Rubbermaid Inc. COM 651229106 1,181 38,100 SH   SOLE   38,100 0 0
Nextera Energy COM 65339F101 1,465 14,300 SH   SOLE   14,300 0 0
Noble Energy Inc. COM 655044105 22,727 293,400 SH   SOLE   293,400 0 0
Nordstrom Inc. COM 655664100 353 5,200 SH   SOLE   5,200 0 0
Norfolk Southern Corp. COM 655844108 3,925 38,100 SH   SOLE   38,100 0 0
Northeast Utilities COM 664397106 1,550 32,800 SH   SOLE   32,800 0 0
Northern Trust Corp. COM 665859104 276 4,300 SH   SOLE   4,300 0 0
NuCor Corp. COM 670346105 1,970 40,000 SH   SOLE   40,000 0 0
OGE Energy Corp. COM 670837103 2,743 70,190 SH   SOLE   70,190 0 0
OSI Systems Inc. COM 671044105 1,442 21,600 SH   SOLE   21,600 0 0
Oceaneering International Inc. COM 675232102 75,186 962,325 SH   SOLE   962,325 0 0
Omega Healthcare Investors Inc COM 681936100 730 19,800 SH   SOLE   19,800 0 0
Oracle Corp. COM 68389X105 3,441 84,900 SH   SOLE   84,900 0 0
Outerwall Inc. COM 690070107 421 7,100 SH   SOLE   7,100 0 0
PG&E Corp. COM 69331C108 1,613 33,600 SH   SOLE   33,600 0 0
Packaging Corp. of America COM 695156109 5,952 83,250 SH   SOLE   83,250 0 0
Pall Corp. COM 696429307 427 5,000 SH   SOLE   5,000 0 0
Panera Bread Co. COM 69840W108 1,079 7,200 SH   SOLE   7,200 0 0
Parker Hannifin Corp. COM 701094104 214 1,700 SH   SOLE   1,700 0 0
PepsiCo Inc. COM 713448108 1,483 16,600 SH   SOLE   16,600 0 0
Perficient Inc. COM 71375U101 985 50,600 SH   SOLE   50,600 0 0
Perrigo Co.Plc COM G97822103 6,922 47,490 SH   SOLE   47,490 0 0
Philip Morris International In COM 718172109 2,656 31,500 SH   SOLE   31,500 0 0
Phillips 66 COM 718546104 22,717 282,450 SH   SOLE   282,450 0 0
Piedmont Natural Gas Co. COM 720186105 1,624 43,400 SH   SOLE   43,400 0 0
Pier 1 Imports Inc. COM 720279108 1,479 96,000 SH   SOLE   96,000 0 0
Polaris Industries Inc. COM 731068102 4,485 34,440 SH   SOLE   34,440 0 0
Portfolio Recovery Associates COM 73640Q105 702 11,800 SH   SOLE   11,800 0 0
Portland General Electric Co. COM 736508847 1,480 42,700 SH   SOLE   42,700 0 0
Praxair Inc. COM 74005P104 1,328 10,000 SH   SOLE   10,000 0 0
Precision Castparts Corp. COM 740189105 1,262 5,000 SH   SOLE   5,000 0 0
Procter & Gamble Co. COM 742718109 2,499 31,800 SH   SOLE   31,800 0 0
Public Storage Inc. COM 74460D109 463 2,700 SH   SOLE   2,700 0 0
Range Resources Corp. COM 75281A109 16,555 190,400 SH   SOLE   190,400 0 0
Raytheon Co. COM 755111507 1,089 11,800 SH   SOLE   11,800 0 0
Regeneron Pharmaceuticals, Inc COM 75886F107 1,864 6,600 SH   SOLE   6,600 0 0
Reliance Steel & Aluminum Co. COM 759509102 1,843 25,000 SH   SOLE   25,000 0 0
Reynolds American Inc. COM 761713106 6,857 113,620 SH   SOLE   113,620 0 0
RigNet, Inc. COM 766582100 20,597 382,710 SH   SOLE   382,710 0 0
Rock-Tenn Co. COM 772739207 3,168 30,000 SH   SOLE   30,000 0 0
Rogers Corp. COM 775133101 4,499 67,810 SH   SOLE   67,810 0 0
Ross Stores Inc. COM 778296103 1,091 16,500 SH   SOLE   16,500 0 0
Royal Caribbean Cruises Ltd. COM V7780T103 395 7,100 SH   SOLE   7,100 0 0
Ryder System Inc. COM 783549108 617 7,000 SH   SOLE   7,000 0 0
SCANA Corp. COM 80589M102 3,153 58,600 SH   SOLE   58,600 0 0
SEI Investments Co. COM 784117103 711 21,700 SH   SOLE   21,700 0 0
SYNNEX Corp. COM 87162W100 925 12,700 SH   SOLE   12,700 0 0
ScanSource Inc. COM 806037107 1,343 35,277 SH   SOLE   35,277 0 0
Schlumberger Ltd. COM 806857108 53,479 453,400 SH   SOLE   453,400 0 0
Scripps Networks Interactive I COM 811065101 284 3,500 SH   SOLE   3,500 0 0
Semtech Corp. COM 816850101 1,093 41,800 SH   SOLE   41,800 0 0
Sherwin-Williams Co. COM 824348106 4,138 20,000 SH   SOLE   20,000 0 0
Signature Bank COM 82669G104 9,371 74,270 SH   SOLE   74,270 0 0
Sirius XM Holdings, Inc. COM 82968B103 588 170,000 SH   SOLE   170,000 0 0
Skyworks Solutions Inc. COM 83088M102 2,836 60,400 SH   SOLE   60,400 0 0
Snap-On Inc. COM 833034101 687 5,800 SH   SOLE   5,800 0 0
Southern Copper Corp. COM 84265V105 759 25,000 SH   SOLE   25,000 0 0
Southwestern Energy Co. COM 845467109 33,544 737,400 SH   SOLE   737,400 0 0
St. Mary Land & Exploration Co COM 792228108 23,514 279,600 SH   SOLE   279,600 0 0
Starbucks Corp. COM 855244109 2,461 31,800 SH   SOLE   31,800 0 0
State Street Corp. COM 857477103 2,561 38,080 SH   SOLE   38,080 0 0
Steel Dynamics Inc. COM 858119100 3,384 188,500 SH   SOLE   188,500 0 0
Stratasys Inc. COM 862685104 1,068 9,400 SH   SOLE   9,400 0 0
T. Rowe Price Group Inc. COM 74144T108 279 3,300 SH   SOLE   3,300 0 0
TJX Cos. COM 872540109 330 6,200 SH   SOLE   6,200 0 0
Target Corp. COM 87612E106 2,579 44,500 SH   SOLE   44,500 0 0
Teradyne Inc. COM 880770102 1,125 57,400 SH   SOLE   57,400 0 0
Tesoro Corp. COM 881609101 25,724 438,450 SH   SOLE   438,450 0 0
The Corporate Executive Board COM 21988R102 382 5,600 SH   SOLE   5,600 0 0
The Travelers Companies Inc COM 89417E109 3,603 38,300 SH   SOLE   38,300 0 0
Thor Industries Inc. COM 885160101 3,801 66,840 SH   SOLE   66,840 0 0
Thoratec Corp. COM 885175307 2,859 82,000 SH   SOLE   82,000 0 0
Time Warner Cable COM 88732J207 3,737 25,371 SH   SOLE   25,371 0 0
Toll Brothers Inc. COM 889478103 583 15,800 SH   SOLE   15,800 0 0
Total System Services Inc. COM 891906109 1,790 57,000 SH   SOLE   57,000 0 0
Tractor Supply Co. COM 892356106 6,995 115,808 SH   SOLE   115,808 0 0
TreeHouse Foods Inc. COM 89469A104 577 7,200 SH   SOLE   7,200 0 0
Tupperware Brands Corp. COM 899896104 770 9,200 SH   SOLE   9,200 0 0
Tyco International Ltd. COM H89128104 5,276 115,700 SH   SOLE   115,700 0 0
Tyson Foods Inc. COM 902494103 1,472 39,200 SH   SOLE   39,200 0 0
UIL Holdings Corp. COM 902748102 3,763 97,200 SH   SOLE   97,200 0 0
Union Pacific Corp. COM 907818108 11,118 111,460 SH   SOLE   111,460 0 0
United Natural Foods Inc. COM 911163103 644 9,900 SH   SOLE   9,900 0 0
United Technologies Corp. COM 913017109 9,245 80,080 SH   SOLE   80,080 0 0
Urban Outfitters Inc. COM 917047102 1,283 37,900 SH   SOLE   37,900 0 0
Valeant Pharmaceuticals Intern COM 91911K102 1,551 12,300 SH   SOLE   12,300 0 0
Valspar Corp. COM 920355104 762 10,000 SH   SOLE   10,000 0 0
Ventas Inc. COM 92276F100 1,019 15,900 SH   SOLE   15,900 0 0
Verizon Communications Inc. COM 92343V104 1,258 25,700 SH   SOLE   25,700 0 0
Viacom Inc. COM 92553P201 1,498 17,269 SH   SOLE   17,269 0 0
Visa Inc. COM 92826C839 11,599 55,045 SH   SOLE   55,045 0 0
Vistaprint NV COM N93540107 5,125 126,680 SH   SOLE   126,680 0 0
W.R. Berkley Corp. COM 084423102 1,334 28,800 SH   SOLE   28,800 0 0
W.W. Grainger Inc. COM 384802104 1,195 4,700 SH   SOLE   4,700 0 0
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Wal-Mart Stores Inc. COM 931142103 1,869 24,900 SH   SOLE   24,900 0 0
Walt Disney Co. COM 254687106 7,320 85,380 SH   SOLE   85,380 0 0
Wells Fargo & Co. COM 949746101 815 15,500 SH   SOLE   15,500 0 0
Wesco International Inc. COM 95082P105 432 5,000 SH   SOLE   5,000 0 0
West Pharmaceutical Services I COM 955306105 962 22,800 SH   SOLE   22,800 0 0
Westar Energy Inc. COM 95709T100 3,051 79,900 SH   SOLE   79,900 0 0
Western Refining Inc. COM 959319104 7,131 189,900 SH   SOLE   189,900 0 0
Westlake Chemical Corp. COM 960413102 838 10,000 SH   SOLE   10,000 0 0
Whirlpool Corp. COM 963320106 807 5,800 SH   SOLE   5,800 0 0
Whiting Petroleum Corp. COM 966387102 25,471 317,400 SH   SOLE   317,400 0 0
Wisconsin Energy Corp. COM 976657106 1,089 23,200 SH   SOLE   23,200 0 0
World Acceptance Corp. COM 981419104 2,882 37,940 SH   SOLE   37,940 0 0
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XL Capital Ltd. COM G98255105 540 16,500 SH   SOLE   16,500 0 0
Xcel Energy Inc. COM 98389B100 3,120 96,800 SH   SOLE   96,800 0 0
eBay Inc. COM 278642103 4,931 98,500 SH   SOLE   98,500 0 0
j2 Global Communications Inc. COM 46626E205 982 19,300 SH   SOLE   19,300 0 0
lululemon athletica inc. COM 550021109 1,874 46,300 SH   SOLE   46,300 0 0
AMERICAN HOMES 4 RENT PFD 02665T504 4,427 179,875 SH   SOLE   179,875 0 0
Bunge LTD 4 7/8 12/31/49 PFD G16962204 322 3,100 SH   SOLE   3,100 0 0
COMMONWEALTH REIT CV PFD-E 7.2 PFD 203233606 2,926 113,516 SH   SOLE   113,516 0 0
DIGITAL RLTY TR INC PFD-E PFD 253868707 1,314 51,592 SH   SOLE   51,592 0 0
Discover Financial Services 6 PFD 254709207 354 14,100 SH   SOLE   14,100 0 0
GRAMERCY PROPERTY TRUST PFD 38489R209 8,198 326,335 SH   SOLE   326,335 0 0
PROTECTIVE LIFE CORP SUB DEB 4 PFD 743674608 310 12,000 SH   SOLE   12,000 0 0
STANLEY BLACK & DECKER I 5.75 PFD 854502705 512 21,000 SH   SOLE   21,000 0 0
WFC 7 1/2 12/31/49 Pfd PFD 949746804 607 500 SH   SOLE   500 0 0
SAP SE-SPONSORED ADR ADR 803054204 1,024 13,300 SH   SOLE   13,300 0 0
Ultrapar Participacoes S/A ADS ADR 90400p101 1,359 57,590 SH   SOLE   57,590 0 0
AMERICAN STRATEGIC INCOME II COM 030099105 6,787 772,951 SH   SOLE   772,951 0 0
AMERICN STRATEGIC INC III COM 03009T101 6,352 867,749 SH   SOLE   867,749 0 0
BlackRock Enhanced Government COM 09255K108 3,745 262,105 SH   SOLE   262,105 0 0
DELAWARE INVTS DIV & INCOME FD COM 245915103 2,890 276,818 SH   SOLE   276,818 0 0
Nuveen California Dividend Adv COM 67066Y105 804 57,521 SH   SOLE   57,521 0 0
Tortoise Energy Infrastructure COM 89147L100 2,436 49,258 SH   SOLE   49,258 0 0