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
Aaron's Inc. COM 002535300 2,534 99,700 SH   SOLE   99,700 0 0
Abbott Laboratories COM 002824100 956 22,600 SH   SOLE   22,600 0 0
AbbVie Inc COM 00287Y109 10,432 165,400 SH   SOLE   165,400 0 0
Acadia Healthcare Company, Inc COM 00404A109 818 16,500 SH   SOLE   16,500 0 0
Activision Inc. COM 00507V109 1,289 29,100 SH   SOLE   29,100 0 0
Adobe Systems Inc. COM 00724F101 3,265 30,080 SH   SOLE   30,080 0 0
Advanced Energy Industries, In COM 007973100 1,296 27,397 SH   SOLE   27,397 0 0
ADVENT CLAYMORE ENH GRW & INC COM 00765E104 1,912 228,980 SH   SOLE   228,980 0 0
AECOM COM 00766T100 520 17,500 SH   SOLE   17,500 0 0
AES Corp. COM 00130H105 707 55,000 SH   SOLE   55,000 0 0
Aetna Inc. COM 00817Y108 7,908 68,500 SH   SOLE   68,500 0 0
Affiliated Managers Group Inc. COM 008252108 651 4,500 SH   SOLE   4,500 0 0
Agrium Inc. COM 008916108 1,578 17,400 SH   SOLE   17,400 0 0
Air Lease Corporation Class A COM 00912X302 4,549 159,176 SH   SOLE   159,176 0 0
Akamai Technologies, Inc. COM 00971T101 2,226 42,000 SH   SOLE   42,000 0 0
Alaska Air Group Inc. COM 011659109 435 6,600 SH   SOLE   6,600 0 0
Albany Molecular Research Inc. COM 012423109 859 52,000 SH   SOLE   52,000 0 0
Alexion Pharmaceuticals COM 015351109 2,684 21,900 SH   SOLE   21,900 0 0
Allergan Plc COM G0177J108 11,815 51,300 SH   SOLE   51,300 0 0
Allete Inc. COM 018522300 2,474 41,500 SH   SOLE   41,500 0 0
Alliant Energy Corp. COM 018802108 1,643 42,900 SH   SOLE   42,900 0 0
Allison Transmission Holdings, COM 01973r101 4,718 164,500 SH   SOLE   164,500 0 0
Allscripts-Misys Healthcare So COM 01988P108 2,990 227,000 SH   SOLE   227,000 0 0
Ally Financial Inc COM 02005N100 8,020 411,900 SH   SOLE   411,900 0 0
Altria Group Inc. COM 02209S103 2,782 44,000 SH   SOLE   44,000 0 0
AMAG Pharmaceuticals, Inc. COM 00163U106 958 39,100 SH   SOLE   39,100 0 0
Amazon.com Inc. COM 023135106 2,319 2,770 SH   SOLE   2,770 0 0
Ameren Corp. COM 023608102 3,167 64,400 SH   SOLE   64,400 0 0
American Electric Power Co. In COM 025537101 4,135 64,400 SH   SOLE   64,400 0 0
American Express Co. COM 025816109 954 14,900 SH   SOLE   14,900 0 0
American International Group I COM 026874784 8,903 150,040 SH   SOLE   150,040 0 0
AmerisourceBergen Corp. (Holdi COM 03073E105 982 12,160 SH   SOLE   12,160 0 0
Amgen Inc. COM 031162100 6,189 37,100 SH   SOLE   37,100 0 0
AmTrust Financial Services Inc COM 032359309 1,779 66,300 SH   SOLE   66,300 0 0
Annaly Capital Management Inc. COM 035710409 1,695 161,400 SH   SOLE   161,400 0 0
Antero Resources Corporation COM 03674X106 3,458 128,300 SH   SOLE   128,300 0 0
Anthem, Inc. COM 036752103 614 4,900 SH   SOLE   4,900 0 0
AON Corp. COM G0408V102 1,282 11,400 SH   SOLE   11,400 0 0
Apogee Enterprises Inc. COM 037598109 1,162 26,000 SH   SOLE   26,000 0 0
Apple Inc. COM 037833100 15,602 138,010 SH   SOLE   138,010 0 0
Applied Materials Inc. COM 038222105 510 16,900 SH   SOLE   16,900 0 0
Aqua America Inc. COM 03836W103 872 28,600 SH   SOLE   28,600 0 0
Arthur J. Gallagher & Co. COM 363576109 1,836 36,100 SH   SOLE   36,100 0 0
Ashland Global Holdings Inc. COM 044186104 8,149 70,280 SH   SOLE   70,280 0 0
AT&T Corp. COM 00206R102 3,107 76,500 SH   SOLE   76,500 0 0
Automatic Data Processing Inc. COM 053015103 2,029 23,000 SH   SOLE   23,000 0 0
AutoZone Inc. COM 053332102 1,383 1,800 SH   SOLE   1,800 0 0
Avery Dennison Corp. COM 053611109 1,634 21,000 SH   SOLE   21,000 0 0
Avista Corp COM 05379B107 995 23,800 SH   SOLE   23,800 0 0
AZZ Inc. COM 002474104 222 3,400 SH   SOLE   3,400 0 0
B&G Foods, Inc. COM 05508R106 1,170 23,800 SH   SOLE   23,800 0 0
Baker Hughes Inc. COM 057224107 5,501 109,000 SH   SOLE   109,000 0 0
BancorpSouth, Inc. COM 059692103 476 20,500 SH   SOLE   20,500 0 0
Bank of America Corp. COM 060505104 17,966 1,148,010 SH   SOLE   1,148,010 0 0
Bank of the Ozarks, Inc. COM 063904106 215 5,600 SH   SOLE   5,600 0 0
BCE Inc. COM 05534B760 1,824 39,500 SH   SOLE   39,500 0 0
BE Aerospace Inc. COM 073302101 5,915 114,500 SH   SOLE   114,500 0 0
Becton Dickinson & Co. COM 075887109 1,348 7,500 SH   SOLE   7,500 0 0
BERKSHIRE HATHAWAY INC CL B NE COM 084670702 12,699 87,900 SH   SOLE   87,900 0 0
BioTelemetry, Inc. COM 090672106 2,665 143,492 SH   SOLE   143,492 0 0
Black Hills Corp. COM 092113109 882 14,400 SH   SOLE   14,400 0 0
BlackRock Enhanced Government COM 09255K108 2,365 171,754 SH   SOLE   171,754 0 0
Blackrock Income Trust COM 09247F100 9,659 1,490,599 SH   SOLE   1,490,599 0 0
BLACKSTONE GSO FLTING RTE FUND COM 09256U105 483 28,685 SH   SOLE   28,685 0 0
Blue Buffalo Pet Products Inc COM 09531U102 794 33,400 SH   SOLE   33,400 0 0
Boeing Co. COM 097023105 4,769 36,200 SH   SOLE   36,200 0 0
BofI Holding, Inc COM 05566U108 430 19,200 SH   SOLE   19,200 0 0
Boston Scientific Corp. COM 101137107 2,475 104,000 SH   SOLE   104,000 0 0
Bristol-Myers Squibb Co. COM 110122108 8,994 166,800 SH   SOLE   166,800 0 0
Bristow Group Inc. COM 110394103 6,924 493,900 SH   SOLE   493,900 0 0
BROADCOM LTD SHS COM Y09827109 7,993 46,330 SH   SOLE   46,330 0 0
Broadridge Financial Solutions COM 11133T103 1,132 16,700 SH   SOLE   16,700 0 0
Brunswick Corp. COM 117043109 6,551 134,300 SH   SOLE   134,300 0 0
Buckle Inc. COM 118440106 1,009 42,000 SH   SOLE   42,000 0 0
Builders FirstSource Inc. COM 12008R107 881 76,500 SH   SOLE   76,500 0 0
Bunge Ltd. COM G16962105 1,789 30,200 SH   SOLE   30,200 0 0
C.R. Bard Inc. COM 067383109 449 2,000 SH   SOLE   2,000 0 0
Cabot Corp. COM 127055101 367 7,000 SH   SOLE   7,000 0 0
Cabot Oil & Gas Corp. COM 127097103 11,889 460,800 SH   SOLE   460,800 0 0
CAlAmp Corp. COM 128126109 444 31,800 SH   SOLE   31,800 0 0
Calpine Corp. COM 131347304 1,189 94,100 SH   SOLE   94,100 0 0
Cameco Corp. COM 13321L108 2,012 235,000 SH   SOLE   235,000 0 0
Capital One Financial Corp. COM 14040H105 797 11,100 SH   SOLE   11,100 0 0
Cardinal Health Inc. COM 14149Y108 3,294 42,400 SH   SOLE   42,400 0 0
Carlisle Cos. COM 142339100 513 5,000 SH   SOLE   5,000 0 0
Carrizo Oil & Gas, Inc. COM 144577103 6,073 149,500 SH   SOLE   149,500 0 0
CBRE Group Inc COM 12504L109 14,040 501,790 SH   SOLE   501,790 0 0
CBS Corp (Cl B) COM 124857202 3,690 67,404 SH   SOLE   67,404 0 0
CDK Global Inc COM 12508E101 1,268 22,100 SH   SOLE   22,100 0 0
Celanese Corp. (Series A) COM 150870103 1,132 17,000 SH   SOLE   17,000 0 0
Celgene Corp. COM 151020104 14,229 136,120 SH   SOLE   136,120 0 0
CenterPoint Energy Inc. COM 15189T107 1,735 74,700 SH   SOLE   74,700 0 0
CF Industries Holdings Inc. COM 125269100 2,191 90,000 SH   SOLE   90,000 0 0
Charles River Laboratories Int COM 159864107 2,067 24,800 SH   SOLE   24,800 0 0
Chesapeake Energy Corp. COM 165167107 8,169 1,302,850 SH   SOLE   1,302,850 0 0
Chevron Corp. COM 166764100 26,708 259,500 SH   SOLE   259,500 0 0
China Biologic Products, Inc. COM 16938C106 1,929 15,500 SH   SOLE   15,500 0 0
Chipotle Mexican Grill Inc. COM 169656105 212 500 SH   SOLE   500 0 0
Chubb Limited COM h1467J104 968 7,700 SH   SOLE   7,700 0 0
CIGNA Corp. COM 125509109 5,825 44,700 SH   SOLE   44,700 0 0
Cimarex Energy Co. COM 171798101 7,054 52,500 SH   SOLE   52,500 0 0
Cinemark Holdings, Inc. COM 17243V102 1,658 43,300 SH   SOLE   43,300 0 0
Cisco Systems Inc. COM 17275R102 1,018 32,100 SH   SOLE   32,100 0 0
Citigroup Inc. COM 172967424 1,814 38,400 SH   SOLE   38,400 0 0
CMS Energy Corp. COM 125896100 3,994 95,076 SH   SOLE   95,076 0 0
CNO Financial Group, Inc. COM 12621E103 3,928 257,210 SH   SOLE   257,210 0 0
Coca-Cola Co. COM 191216100 2,827 66,800 SH   SOLE   66,800 0 0
Cognizant Technology Solutions COM 192446102 2,634 55,200 SH   SOLE   55,200 0 0
Coherent Inc. COM 192479103 486 4,394 SH   SOLE   4,394 0 0
Colliers International Group I COM 194693107 627 14,900 SH   SOLE   14,900 0 0
Comcast Corp. COM 20030N101 10,292 155,144 SH   SOLE   155,144 0 0
Comfort Systems USA, Inc. COM 199908104 1,918 65,440 SH   SOLE   65,440 0 0
Community Health Systems Inc. COM 203668108 323 28,000 SH   SOLE   28,000 0 0
Constellation Brands Inc. COM 21036P108 1,615 9,700 SH   SOLE   9,700 0 0
Continental Resources, Inc. COM 212015101 6,596 126,950 SH   SOLE   126,950 0 0
Cooper Cos. COM 216648402 1,237 6,900 SH   SOLE   6,900 0 0
Corcept Therapeutics Incorpora COM 218352102 600 92,300 SH   SOLE   92,300 0 0
CoStar Group, Inc. COM 22160N109 2,183 10,080 SH   SOLE   10,080 0 0
Crane Co. COM 224399105 359 5,700 SH   SOLE   5,700 0 0
CVS Health Corporation COM 126650100 8,685 97,600 SH   SOLE   97,600 0 0
Dean Foods Co. COM 242370104 295 18,000 SH   SOLE   18,000 0 0
DELAWARE INVTS DIV & INCOME FD COM 245915103 2,632 265,853 SH   SOLE   265,853 0 0
Delphi Automotive PLC COM G27823106 292 4,100 SH   SOLE   4,100 0 0
Delta Air Lines Inc. COM 247361702 4,212 107,000 SH   SOLE   107,000 0 0
Deluxe Corp. COM 248019101 515 7,700 SH   SOLE   7,700 0 0
Denbury Resources Inc. COM 247916208 3,296 1,020,450 SH   SOLE   1,020,450 0 0
DEUTSCHE GLOBAL HIGH INCOME FD COM 25158V108 1,120 133,038 SH   SOLE   133,038 0 0
DEUTSCHE HIGH INCOME OPPORT FD COM 25158Y102 1,931 136,499 SH   SOLE   136,499 0 0
DEUTSCHE HIGH INCOME TR SHS COM 25155R100 6,697 727,189 SH   SOLE   727,189 0 0
DEUTSCHE MULTI-MKT INCOME TR S COM 25160E102 7,971 932,333 SH   SOLE   932,333 0 0
DEUTSCHE STRATEGIC INCOME TR S COM 25160F109 1,976 162,997 SH   SOLE   162,997 0 0
Diamondback Energy, Inc. COM 25278X109 14,003 145,050 SH   SOLE   145,050 0 0
Digi International Inc. COM 253798102 184 16,100 SH   SOLE   16,100 0 0
Dime Community Bancshares COM 253922108 1,571 93,743 SH   SOLE   93,743 0 0
Discover Financial Services COM 254709108 11,371 201,080 SH   SOLE   201,080 0 0
Discovery Communications Inc. COM 25470F104 450 16,700 SH   SOLE   16,700 0 0
Dollar General Corp. COM 256677105 3,171 45,300 SH   SOLE   45,300 0 0
Dollar Tree Stores Inc. COM 256746108 3,426 43,400 SH   SOLE   43,400 0 0
Dominion Resources Inc. (Virgi COM 25746U109 3,691 49,700 SH   SOLE   49,700 0 0
Dow Chemical Co. COM 260543103 3,563 68,745 SH   SOLE   68,745 0 0
Dr Pepper Snapple Group Inc. COM 26138E109 1,205 13,200 SH   SOLE   13,200 0 0
Dril-Quip Inc. COM 262037104 8,551 153,400 SH   SOLE   153,400 0 0
DST Systems Inc. COM 233326107 4,233 35,900 SH   SOLE   35,900 0 0
DTE Energy Co. COM 233331107 3,812 40,700 SH   SOLE   40,700 0 0
Duke Energy Corp. COM 26441C204 1,857 23,200 SH   SOLE   23,200 0 0
Dycom Industries Inc. COM 267475101 532 6,500 SH   SOLE   6,500 0 0
E*TRADE Financial Corp. COM 269246401 1,069 36,700 SH   SOLE   36,700 0 0
Eagle Materials Inc. COM 26969P108 1,005 13,000 SH   SOLE   13,000 0 0
Eastman Chemical Co. COM 277432100 2,707 40,000 SH   SOLE   40,000 0 0
eBay Inc. COM 278642103 612 18,600 SH   SOLE   18,600 0 0
Echo Global Logistics, Inc COM 27875t101 2,644 114,636 SH   SOLE   114,636 0 0
Edison International COM 281020107 3,627 50,200 SH   SOLE   50,200 0 0
Electronic Arts Inc. COM 285512109 1,059 12,400 SH   SOLE   12,400 0 0
Electronics for Imaging Inc. COM 286082102 1,223 25,000 SH   SOLE   25,000 0 0
Eli Lilly & Co. COM 532457108 7,849 97,800 SH   SOLE   97,800 0 0
Emergent Biosolutions Inc. COM 29089Q105 946 30,000 SH   SOLE   30,000 0 0
Endo International Plc COM G30401106 363 18,000 SH   SOLE   18,000 0 0
ENI S P A -SPON ADR ADR 26874R108 6,496 225,000 SH   SOLE   225,000 0 0
Enzymotec Ltd. COM m4059l101 220 31,417 SH   SOLE   31,417 0 0
EOG Resources Inc. COM 26875P101 11,615 120,100 SH   SOLE   120,100 0 0
Equitable Resources Inc. COM 26884L109 7,218 99,400 SH   SOLE   99,400 0 0
Estee Lauder Cos. (Cl A) COM 518439104 1,541 17,400 SH   SOLE   17,400 0 0
Euronet Worldwide Inc. COM 298736109 1,432 17,500 SH   SOLE   17,500 0 0
Eversource Energy COM 30040W108 2,866 52,900 SH   SOLE   52,900 0 0
Exxon Mobil Corp. COM 30231G102 40,367 462,500 SH   SOLE   462,500 0 0
Fabrinet COM g3323l100 1,137 25,500 SH   SOLE   25,500 0 0
Facebook, Inc. Class A COM 30303M102 16,233 126,550 SH   SOLE   126,550 0 0
Fifth Third Bancorp COM 316773100 7,063 345,190 SH   SOLE   345,190 0 0
Finisar Corporation COM 31787a507 685 23,000 SH   SOLE   23,000 0 0
First Commonwealth Financial C COM 319829107 5,891 583,860 SH   SOLE   583,860 0 0
First Midwest Bancorp COM 320867104 819 42,300 SH   SOLE   42,300 0 0
FIRST TR DIVIDEND INCOME FD CO COM 33731L100 279 30,649 SH   SOLE   30,649 0 0
FIRST TR ENHANCED EQTY INC FD COM 337318109 2,185 163,584 SH   SOLE   163,584 0 0
FIRST TRUST MORTGAGE INCM FD C COM 33734E103 3,106 214,797 SH   SOLE   214,797 0 0
Fitbit Inc Class A COM 33812l102 807 54,400 SH   SOLE   54,400 0 0
Five Below, Inc. COM 33829M101 1,338 33,200 SH   SOLE   33,200 0 0
Flowers Foods, Inc. COM 343498101 228 15,100 SH   SOLE   15,100 0 0
Ford Motor Co. COM 345370860 1,100 91,100 SH   SOLE   91,100 0 0
Fortune Brands Home & Security COM 34964c106 639 11,000 SH   SOLE   11,000 0 0
FRANKLIN LTD DURATION INC TR C COM 35472T101 7,301 603,922 SH   SOLE   603,922 0 0
Freeport-McMoRan Inc. COM 35671D857 380 35,000 SH   SOLE   35,000 0 0
GAMCO Investors, Inc. Class A COM 361438104 373 13,100 SH   SOLE   13,100 0 0
GameStop Corp. COM 36467W109 2,130 77,200 SH   SOLE   77,200 0 0
Gannett Co. Inc. COM 36473h104 406 34,900 SH   SOLE   34,900 0 0
General Dynamics Corp. COM 369550108 295 1,900 SH   SOLE   1,900 0 0
General Mills Inc. COM 370334104 1,175 18,400 SH   SOLE   18,400 0 0
Gilead Sciences Inc. COM 375558103 5,364 67,800 SH   SOLE   67,800 0 0
Golar LNG Ltd. COM G9456A100 6,975 329,000 SH   SOLE   329,000 0 0
Google Inc Cl A COM 02079K305 2,573 3,200 SH   SOLE   3,200 0 0
Google Inc Cl C COM 02079K107 9,029 11,616 SH   SOLE   11,616 0 0
Graphic Packaging Holding Comp COM 388689101 9,163 655,000 SH   SOLE   655,000 0 0
Great Plains Energy Inc. COM 391164100 1,324 48,500 SH   SOLE   48,500 0 0
Gulfport Energy Corporation COM 402635304 4,438 157,100 SH   SOLE   157,100 0 0
H&R Block Inc. COM 093671105 417 18,000 SH   SOLE   18,000 0 0
Hanesbrands Inc. COM 410345102 4,914 194,600 SH   SOLE   194,600 0 0
Harris Corp. COM 413875105 3,115 34,000 SH   SOLE   34,000 0 0
Hartford Financial Services Gr COM 416515104 1,272 29,700 SH   SOLE   29,700 0 0
Hawaiian Electric Industries I COM 419870100 881 29,500 SH   SOLE   29,500 0 0
HCA Holdings Inc COM 40412C101 9,416 124,500 SH   SOLE   124,500 0 0
Headwaters Inc. COM 42210P102 1,269 75,000 SH   SOLE   75,000 0 0
Hertz Global Holdings, Inc. COM 42806j106 4,835 120,400 SH   SOLE   120,400 0 0
Hexcel Corporation COM 428291108 499 11,255 SH   SOLE   11,255 0 0
HILL INTERNATIONAL INC COM COM 431466101 3,008 652,501 SH   SOLE   652,501 0 0
Hollyfrontier Corp COM 436106108 6,417 261,900 SH   SOLE   261,900 0 0
Hologic Inc. COM 436440101 1,258 32,400 SH   SOLE   32,400 0 0
Home Depot Inc. COM 437076102 10,300 80,040 SH   SOLE   80,040 0 0
Honeywell International Inc. COM 438516106 10,195 87,440 SH   SOLE   87,440 0 0
Horace Mann Educators Corp. COM 440327104 2,691 73,424 SH   SOLE   73,424 0 0
Horizon Pharma plc COM G4617B105 635 35,000 SH   SOLE   35,000 0 0
Hormel Foods Corp. COM 440452100 888 23,400 SH   SOLE   23,400 0 0
Huntsman Corporation COM 447011107 4,067 250,000 SH   SOLE   250,000 0 0
Impax Laboratories, Inc. COM 45256B101 500 21,100 SH   SOLE   21,100 0 0
Innoviva, Inc. COM 45781M101 357 32,500 SH   SOLE   32,500 0 0
Integer Holdings Corporation COM 45826h109 304 14,000 SH   SOLE   14,000 0 0
Intel Corp. COM 458140100 3,224 85,400 SH   SOLE   85,400 0 0
International Paper Co. COM 460146103 3,603 75,100 SH   SOLE   75,100 0 0
INVESCO Ltd. COM G491BT108 2,064 66,000 SH   SOLE   66,000 0 0
IPG Photonics Corporation COM 44980X109 7,799 94,700 SH   SOLE   94,700 0 0
ISHARES TR CUR HD EURZN ETF COM 46434V639 8,924 360,000 SH   SOLE   360,000 0 0
ISHARES TR EUROPE ETF COM 464287861 7,092 180,100 SH   SOLE   180,100 0 0
ISHARES TR NA NAT RES COM 464287374 3,860 112,000 SH   SOLE   112,000 0 0
J.M. Smucker Co. COM 832696405 1,193 8,800 SH   SOLE   8,800 0 0
j2 Global Communications Inc. COM 48123V102 860 12,914 SH   SOLE   12,914 0 0
Janus Capital Group Inc. COM 47102X105 4,807 343,080 SH   SOLE   343,080 0 0
Jazz Pharmaceuticals Plc COM G50871105 12,454 102,520 SH   SOLE   102,520 0 0
Jones Lang LaSalle Inc. COM 48020Q107 3,360 29,529 SH   SOLE   29,529 0 0
JPMorgan Chase & Co. COM 46625H100 5,347 80,300 SH   SOLE   80,300 0 0
JPMORGAN CHINA REGION FD INC C COM 48126T104 834 48,384 SH   SOLE   48,384 0 0
KB Home COM 48666K109 564 35,000 SH   SOLE   35,000 0 0
Kellogg Co. COM 487836108 1,201 15,500 SH   SOLE   15,500 0 0
KeyCorp COM 493267108 1,073 88,200 SH   SOLE   88,200 0 0
Keysight Technologies Inc COM 49338L103 526 16,600 SH   SOLE   16,600 0 0
KFORCE INC COM 493732101 1,988 97,000 SH   SOLE   97,000 0 0
Kimberly-Clark Corp. COM 494368103 2,107 16,700 SH   SOLE   16,700 0 0
KOREA EQUITY FD INC COM COM 50063B104 405 47,250 SH   SOLE   47,250 0 0
Korn/Ferry International COM 500643200 1,963 93,500 SH   SOLE   93,500 0 0
Kroger Co. COM 501044101 1,644 55,400 SH   SOLE   55,400 0 0
La-Z-Boy Inc. COM 505336107 332 13,500 SH   SOLE   13,500 0 0
Legg Mason Inc. COM 524901105 1,473 44,000 SH   SOLE   44,000 0 0
Liberty Tax, Inc. Class A COM 53128t102 252 19,745 SH   SOLE   19,745 0 0
Ligand Pharmaceuticals Incorpo COM 53220K504 773 7,575 SH   SOLE   7,575 0 0
Lincoln National Corp. COM 534187109 5,727 121,900 SH   SOLE   121,900 0 0
LivaNova Plc COM G5509L101 944 15,700 SH   SOLE   15,700 0 0
Lowe's Cos. COM 548661107 3,408 47,200 SH   SOLE   47,200 0 0
lululemon athletica inc. COM 550021109 781 12,800 SH   SOLE   12,800 0 0
LyondellBasell Industries N.V. COM N53745100 1,613 20,000 SH   SOLE   20,000 0 0
M&T Bank Corp. COM 55261F104 406 3,500 SH   SOLE   3,500 0 0
M/A-COM Technology Solutions H COM 55405Y100 555 13,100 SH   SOLE   13,100 0 0
M/I Homes Inc. COM 55305B101 481 20,400 SH   SOLE   20,400 0 0
MADISON STRTG SECTOR PREM FD C COM 558268108 2,193 186,623 SH   SOLE   186,623 0 0
Magellan Midstream Partners, L COM 559080106 11,361 160,600 SH   SOLE   160,600 0 0
Magna International Inc. COM 559222401 9,522 221,700 SH   SOLE   221,700 0 0
Manpower Inc. COM 56418H100 2,168 30,000 SH   SOLE   30,000 0 0
Marathon Petroleum Corp COM 56585A102 7,142 175,950 SH   SOLE   175,950 0 0
MarketAxess Holdings Inc. COM 57060D108 464 2,800 SH   SOLE   2,800 0 0
Martin Marietta Materials Inc. COM 573284106 7,723 43,120 SH   SOLE   43,120 0 0
Masco Corp. COM 574599106 10,653 310,500 SH   SOLE   310,500 0 0
MASTERCARD INCORPORATED CL A COM 57636Q104 16,080 158,000 SH   SOLE   158,000 0 0
Matador Resources Company COM 576485205 5,365 220,400 SH   SOLE   220,400 0 0
Matrix Service Co. COM 576853105 3,546 189,000 SH   SOLE   189,000 0 0
Maximus Inc. COM 577933104 1,273 22,500 SH   SOLE   22,500 0 0
McDonald's Corp. COM 580135101 4,199 36,400 SH   SOLE   36,400 0 0
McKesson Corp. COM 58155Q103 7,871 47,200 SH   SOLE   47,200 0 0
Mednax Inc. COM 58502B106 2,120 32,000 SH   SOLE   32,000 0 0
Medtronic Inc. COM G5960L103 3,698 42,800 SH   SOLE   42,800 0 0
Mentor Graphics Corp. COM 587200106 1,351 51,100 SH   SOLE   51,100 0 0
Merck & Co. Inc. COM 58933Y105 643 10,300 SH   SOLE   10,300 0 0
Methanex Corp. COM 59151K108 355 9,939 SH   SOLE   9,939 0 0
MFA Financial Inc. COM 55272X102 669 89,400 SH   SOLE   89,400 0 0
MFS INVT GRADE MUN TR SH BEN I COM 59318B108 1,111 106,969 SH   SOLE   106,969 0 0
Microsemi Corp. COM 595137100 2,771 66,000 SH   SOLE   66,000 0 0
Microsoft Corp. COM 594918104 1,699 29,500 SH   SOLE   29,500 0 0
Middleby Corp. COM 596278101 494 4,000 SH   SOLE   4,000 0 0
Modine Manufacturing Company COM 607828100 1,089 91,848 SH   SOLE   91,848 0 0
Molson Coors Brewing Co. COM 60871R209 417 3,800 SH   SOLE   3,800 0 0
MONDELEZ INTERNATIONAL INC-A COM 609207105 2,002 45,600 SH   SOLE   45,600 0 0
Monolithic Power Systems, Inc. COM 609839105 1,312 16,300 SH   SOLE   16,300 0 0
Monsanto Co. COM 61166W101 644 6,300 SH   SOLE   6,300 0 0
Monster Beverage Corporation COM 61174X109 807 5,500 SH   SOLE   5,500 0 0
MORGAN STANLEY TRUSTS INCOME S COM 61745P874 6,004 317,317 SH   SOLE   317,317 0 0
Mylan Inc. COM N59465109 1,334 35,000 SH   SOLE   35,000 0 0
National Fuel Gas Co. COM 636180101 2,828 52,300 SH   SOLE   52,300 0 0
National Oilwell Varco Inc. COM 637071101 3,509 95,500 SH   SOLE   95,500 0 0
New York Community Bancorp, In COM 649445103 1,518 106,700 SH   SOLE   106,700 0 0
NEWELL BRANDS INC COM 651229106 1,659 31,500 SH   SOLE   31,500 0 0
Newfield Exploration Co. COM 651290108 1,695 39,000 SH   SOLE   39,000 0 0
Nextera Energy COM 65339F101 1,700 13,900 SH   SOLE   13,900 0 0
NIKE Inc. COM 654106103 7,371 140,000 SH   SOLE   140,000 0 0
NiSource Inc. COM 65473P105 962 39,900 SH   SOLE   39,900 0 0
Norwegian Cruise Line Holdings COM G66721104 1,093 29,000 SH   SOLE   29,000 0 0
Novo Nordisk A/S ADS ADR 670100205 1,169 28,100 SH   SOLE   28,100 0 0
NuCor Corp. COM 670346105 396 8,000 SH   SOLE   8,000 0 0
NutriSystem Inc. COM 67069D108 377 12,700 SH   SOLE   12,700 0 0
NUVEEN GLOBAL EQUITY INCOME FD COM 6706EH103 3,403 284,979 SH   SOLE   284,979 0 0
NXP Semiconductors NV COM N6596X109 4,801 47,060 SH   SOLE   47,060 0 0
Oceaneering International Inc. COM 675232102 7,463 271,300 SH   SOLE   271,300 0 0
OGE Energy Corp. COM 670837103 4,006 126,690 SH   SOLE   126,690 0 0
Olin Corp. COM 680665205 869 42,339 SH   SOLE   42,339 0 0
On Assignment Inc. COM 682159108 2,141 59,000 SH   SOLE   59,000 0 0
Oracle Corp. COM 68389X105 1,194 30,400 SH   SOLE   30,400 0 0
ORBITAL ATK INC COM 68557n103 6,975 91,500 SH   SOLE   91,500 0 0
Orchids Paper Products Company COM 68572N104 554 20,344 SH   SOLE   20,344 0 0
O'Reilly Automotive Inc. COM 67103H107 1,176 4,200 SH   SOLE   4,200 0 0
OSI Systems Inc. COM 671044105 490 7,500 SH   SOLE   7,500 0 0
PACHOLDER HIGH YIELD FD INC CO COM 693742108 3,941 552,698 SH   SOLE   552,698 0 0
Pacira Pharmaceuticals, Inc. COM 695127100 787 23,000 SH   SOLE   23,000 0 0
PBF Energy, Inc. Class A COM 69318G106 4,159 183,714 SH   SOLE   183,714 0 0
PC Connection, Inc. COM 69318j100 557 21,100 SH   SOLE   21,100 0 0
PepsiCo Inc. COM 713448108 2,067 19,000 SH   SOLE   19,000 0 0
Perrigo Co.Plc COM G97822103 582 6,300 SH   SOLE   6,300 0 0
Pfizer Inc. COM 717081103 3,153 93,100 SH   SOLE   93,100 0 0
PGT, Inc. COM 69336V101 8,087 757,902 SH   SOLE   757,902 0 0
Philip Morris International In COM 718172109 1,303 13,400 SH   SOLE   13,400 0 0
Phillips 66 COM 718546104 9,428 117,050 SH   SOLE   117,050 0 0
Photronics Inc. COM 719405102 1,236 119,900 SH   SOLE   119,900 0 0
Pinnacle Foods, Inc. COM 72348P104 301 6,000 SH   SOLE   6,000 0 0
Pinnacle West Capital Corp. COM 723484101 2,249 29,600 SH   SOLE   29,600 0 0
PolyOne Corporation COM 73179P106 2,029 60,000 SH   SOLE   60,000 0 0
Priceline Group Inc/The COM 741503403 883 600 SH   SOLE   600 0 0
Procter & Gamble Co. COM 742718109 646 7,200 SH   SOLE   7,200 0 0
Public Service Enterprise Grou COM 744573106 758 18,100 SH   SOLE   18,100 0 0
Pulte Homes Inc. COM 745867101 4,477 223,390 SH   SOLE   223,390 0 0
QUALCOMM Inc. COM 747525103 1,808 26,400 SH   SOLE   26,400 0 0
Quanex Corp. COM 747619104 483 28,000 SH   SOLE   28,000 0 0
Radian Group Inc. COM 750236101 438 32,300 SH   SOLE   32,300 0 0
Regal Entertainment Group Clas COM 758766109 1,168 53,700 SH   SOLE   53,700 0 0
Regeneron Pharmaceuticals, Inc COM 75886F107 884 2,200 SH   SOLE   2,200 0 0
Reynolds American Inc. COM 761713106 2,999 63,600 SH   SOLE   63,600 0 0
Robert Half International Inc. COM 770323103 2,272 60,000 SH   SOLE   60,000 0 0
Rogers Corp. COM 775133101 3,441 56,330 SH   SOLE   56,330 0 0
Ross Stores Inc. COM 778296103 392 6,100 SH   SOLE   6,100 0 0
Royal Caribbean Cruises Ltd. COM V7780T103 8,452 112,770 SH   SOLE   112,770 0 0
Royal Dutch Shell ADR ADR 780259206 13,178 263,200 SH   SOLE   263,200 0 0
RPC Inc. COM 749660106 7,846 467,000 SH   SOLE   467,000 0 0
SCANA Corp. COM 80589M102 1,136 15,700 SH   SOLE   15,700 0 0
Schlumberger Ltd. COM 806857108 30,304 385,350 SH   SOLE   385,350 0 0
SELECT SECTOR SPDR TR SBI INT- COM 81369Y506 3,530 50,000 SH   SOLE   50,000 0 0
Sempra Energy COM 816851109 8,414 78,500 SH   SOLE   78,500 0 0
Sherwin-Williams Co. COM 824348106 7,470 27,000 SH   SOLE   27,000 0 0
Ship Finance International Ltd COM G81075106 6,894 468,000 SH   SOLE   468,000 0 0
SHIRE PHARMACEUTICALS GRP - AD ADR 82481R106 5,564 28,700 SH   SOLE   28,700 0 0
Signature Bank COM 82669G104 14,181 119,720 SH   SOLE   119,720 0 0
Signet Jewelers Limited COM G81276100 1,550 20,800 SH   SOLE   20,800 0 0
Skechers USA Inc. (Cl A) COM 830566105 3,733 163,000 SH   SOLE   163,000 0 0
Skyworks Solutions Inc. COM 83088M102 8,650 113,600 SH   SOLE   113,600 0 0
Smith & Wesson Holding Corp. COM 831756101 1,178 44,300 SH   SOLE   44,300 0 0
Snap-On Inc. COM 833034101 486 3,200 SH   SOLE   3,200 0 0
Snyder's-Lance, Inc. COM 833551104 235 7,000 SH   SOLE   7,000 0 0
South Jersey Industries Inc. COM 838518108 653 22,100 SH   SOLE   22,100 0 0
Southwest Airlines Co. COM 844741108 2,333 60,000 SH   SOLE   60,000 0 0
Southwestern Energy Co. COM 845467109 4,194 303,000 SH   SOLE   303,000 0 0
SPDR TRUST SERIES 1 COM 78462F103 12,795 59,152 SH   SOLE   59,152 0 0
Spire, Inc. COM 84857L101 625 9,800 SH   SOLE   9,800 0 0
Spirit AeroSystems Holdings In COM 848574109 6,414 144,000 SH   SOLE   144,000 0 0
Starbucks Corp. COM 855244109 7,152 132,100 SH   SOLE   132,100 0 0
STERIS Corp. COM G84720104 1,637 22,400 SH   SOLE   22,400 0 0
Stewart Information Services C COM 860372101 1,249 28,100 SH   SOLE   28,100 0 0
Stryker Corp. COM 863667101 5,355 46,000 SH   SOLE   46,000 0 0
Sucampo Pharmaceuticals, Inc. COM 864909106 1,095 88,921 SH   SOLE   88,921 0 0
Summit Materials, Inc. Class A COM 86614u100 4,192 226,000 SH   SOLE   226,000 0 0
Sun Life Financial Inc. COM 866796105 1,106 34,000 SH   SOLE   34,000 0 0
Suncor Energy Inc. COM 867224107 13,118 472,200 SH   SOLE   472,200 0 0
Super Micro Computer, Inc. COM 86800U104 2,194 93,900 SH   SOLE   93,900 0 0
SVB Financial Group COM 78486Q101 10,422 94,280 SH   SOLE   94,280 0 0
SWISS HELVETIA FD INC COM 870875101 291 27,217 SH   SOLE   27,217 0 0
Synaptics Inc. COM 87157D109 1,646 28,100 SH   SOLE   28,100 0 0
Synchronoss Technologies, Inc. COM 87157b103 981 23,821 SH   SOLE   23,821 0 0
Synergy Resources Corporation COM 87164p103 16,102 2,323,550 SH   SOLE   2,323,550 0 0
TE Connectivity Ltd. COM H84989104 12,219 189,800 SH   SOLE   189,800 0 0
Teekay LNG Partners L.P. Un COM Y8564M105 6,759 446,700 SH   SOLE   446,700 0 0
Teekay Shipping Corp. COM Y8564W103 2,028 263,000 SH   SOLE   263,000 0 0
TEGNA, Inc. COM 87901J105 402 18,400 SH   SOLE   18,400 0 0
Teleflex Inc. COM 879369106 2,067 12,300 SH   SOLE   12,300 0 0
Tenaris SA - ADR ADR 88031M109 6,322 222,600 SH   SOLE   222,600 0 0
Tenet Healthcare Corp. COM 88033g407 1,937 85,500 SH   SOLE   85,500 0 0
Teradyne Inc. COM 880770102 2,784 129,009 SH   SOLE   129,009 0 0
Tesoro Corp. COM 881609101 6,245 78,500 SH   SOLE   78,500 0 0
TEVA PHARM INDS -ADR ADR 881624209 4,435 96,400 SH   SOLE   96,400 0 0
Thor Industries Inc. COM 885160101 5,270 62,221 SH   SOLE   62,221 0 0
Time Warner Inc. COM 887317303 9,203 115,600 SH   SOLE   115,600 0 0
TJX Cos. COM 872540109 486 6,500 SH   SOLE   6,500 0 0
T-Mobile US, Inc. COM 872590104 3,177 68,000 SH   SOLE   68,000 0 0
Total System Services Inc. COM 891906109 3,107 65,900 SH   SOLE   65,900 0 0
Tower International, Inc. COM 891826109 530 22,000 SH   SOLE   22,000 0 0
TreeHouse Foods Inc. COM 89469A104 1,395 16,000 SH   SOLE   16,000 0 0
Tupperware Brands Corp. COM 899896104 1,222 18,700 SH   SOLE   18,700 0 0
Twenty-First Century Fox, Inc. COM 90130A101 7,522 310,590 SH   SOLE   310,590 0 0
U.S. Bancorp COM 902973304 1,664 38,800 SH   SOLE   38,800 0 0
Ulta Salon, Cosmetics & Fragra COM 90384S303 785 3,300 SH   SOLE   3,300 0 0
Union Pacific Corp. COM 907818108 5,526 56,660 SH   SOLE   56,660 0 0
United Technologies Corp. COM 913017109 803 7,900 SH   SOLE   7,900 0 0
UnitedHealth Group Inc. COM 91324P102 420 3,000 SH   SOLE   3,000 0 0
UnumProvident Corp. COM 91529Y106 756 21,400 SH   SOLE   21,400 0 0
Valeant Pharmaceuticals Intern COM 91911K102 385 15,700 SH   SOLE   15,700 0 0
Valero Energy Corp. COM 91913Y100 5,520 104,150 SH   SOLE   104,150 0 0
VeriFone Holdings Inc. COM 92342Y109 1,236 78,500 SH   SOLE   78,500 0 0
Vertex Pharmaceuticals Incorpo COM 92532f100 3,140 36,010 SH   SOLE   36,010 0 0
VIRTUS TOTAL RETURN FD COM COM 92829A103 4,045 853,436 SH   SOLE   853,436 0 0
Visa Inc. COM 92826C839 14,223 171,980 SH   SOLE   171,980 0 0
Voya Financial, Inc. COM 929089100 565 19,600 SH   SOLE   19,600 0 0
W&T Offshore Inc. COM 92922P106 2,606 1,480,900 SH   SOLE   1,480,900 0 0
Walgreens Boots Alliance Inc COM 931427108 9,078 112,600 SH   SOLE   112,600 0 0
Walt Disney Co. COM 254687106 1,959 21,100 SH   SOLE   21,100 0 0
Webster Financial Corp. COM 947890109 411 10,800 SH   SOLE   10,800 0 0
Wells Fargo & Co. COM 949746101 5,863 132,400 SH   SOLE   132,400 0 0
WELLS FARGO MULTI SECTOR INCOM COM 94987D101 3,393 261,628 SH   SOLE   261,628 0 0
WFC 7 1/2 12/31/49 Pfd PFD 949746804 262 200 SH   SOLE   200 0 0
Whirlpool Corp. COM 963320106 10,372 63,960 SH   SOLE   63,960 0 0
Whiting Petroleum Corp. COM 966387102 6,235 713,434 SH   SOLE   713,434 0 0
Williams Cos. COM 969457100 1,755 57,120 SH   SOLE   57,120 0 0
Williams-Sonoma Inc. COM 969904101 833 16,300 SH   SOLE   16,300 0 0
Wyndham Worldwide Corp. COM 98310W108 11,299 167,810 SH   SOLE   167,810 0 0
Xerox Corp. COM 984121103 3,452 340,800 SH   SOLE   340,800 0 0
XL Group Ltd. COM G98294104 5,831 173,400 SH   SOLE   173,400 0 0
Zimmer Biomet Holdings, Inc. COM 98956P102 3,797 29,200 SH   SOLE   29,200 0 0
ZWEIG FD COM NEW COM 989834205 2,476 191,226 SH   SOLE   191,226 0 0