13F-HR 1 finaldoc13f.txt 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2009 ------------------- Check here if Amendment [ ]; Amendment Number:_______ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Sentinel Asset Management, Inc. ------------------------------- Address: One National Life Drive ----------------------- Montpelier, VT 05604 ---------------------- Form 13F File Number: 28-2697 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: D. Russell Morgan ------------------------ Title: Chief Compliance Officer -- Sentinel Asset Management, Inc. ----------------------------------------------------------- Phone: 802-229-3113 ------------------------ Signature, Place, and Date of Signing: /s/ D. Russell Morgan, Jr. Montpelier, Vermont February 11, 2010 -------------------------- ------------------- ----------------- [Signature] [City, State] [Date] Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report. [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] NONE Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: 405 ------------- Form 13F Information Table Value Total: $4,175,371 ------------- (thousands) List of other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] None
Title Market of Value Sh/ Put/ Invstmt Other Sole Share None Name of Issuer Class Cusip (x1000) Shares Prn Call Dscrsn Mgrs. Voting Voting Voting AES CORP. COM 00130H105 2,662 200,000 Sh Sole 200,000 AT&T, INC. COM 00206R102 16,271 580,500 Sh Sole 580,500 ATMI INC. COM 00207R101 5,852 314,300 Sh Sole 314,300 ABBOTT LABS COM 002824100 270 5,000 Sh Sole 5,000 ACTIVISION BLIZZARD INC COM 00507V109 11,489 1,034,150 Sh Sole 1,034,150 ADOBE SYSTEMS COM 00724F101 7,558 205,500 Sh Sole 205,500 AEROPOSTALE COMPANY COM 007865108 1,713 50,300 Sh Sole 50,300 AETNA COM 00817Y108 13,244 417,800 Sh Sole 417,800 AFFILIATED MANAGERS GROUP COM 008252108 14,495 215,220 Sh Sole 215,220 AIRGAS INC COM 009363102 2,156 45,300 Sh Sole 45,300 ALASKA COMM SYSTEMS GROUP COM 01167P101 5,291 663,000 Sh Sole 663,000 ALBERTO-CULVER CO COM 013078100 16,228 554,030 Sh Sole 554,030 ALLEGHENY ENERGY COM 017361106 2,348 100,000 Sh Sole 100,000 ALLIANZ SE COM 018805101 1,703 137,000 Sh Sole 137,000 ALTERA CORP COM 021441100 113 4,994 Sh Sole 4,994 ALTRIA GROUP INC. COM 02209S103 6,372 324,600 Sh Sole 324,600 AMERICA MOVIL S A DE C V COM 02364W105 13,887 295,600 Sh Sole 295,600 AMERICAN EXPRESS CO. COM 025816109 11,799 291,200 Sh Sole 291,200 AMERICAN MED. SYSTEM HOLDINGS COM 02744M108 19,906 1,031,950 Sh Sole 1,031,950 AMERICAN TOWER CORP. COM 029912201 2,141 49,540 Sh Sole 49,540 AMERICAN WATER WORKS CO IN COM 030420103 291 13,000 Sh Sole 13,000 AMETEK INC COM 031100100 1,419 37,120 Sh Sole 37,120 AMGEN INC COM 031162100 10,720 189,500 Sh Sole 189,500 AMPHENOL CORP COM 032095101 3,274 70,890 Sh Sole 70,890 ANSYS INC COM 03662Q105 38,132 877,400 Sh Sole 877,400 APACHE CORP. COM 037411105 10,513 101,900 Sh Sole 101,900
APPLE COMPUTER COM 037833100 2,741 13,000 Sh Sole 13,000 APTARGROUP COM 038336103 21,912 613,090 Sh Sole 613,090 ARCH COAL INC. COM 039380100 467 21,000 Sh Sole 21,000 ARENA RESOURCES INC. COM 040049108 14,503 336,350 Sh Sole 336,350 ATMOS ENERGY CORP. COM 049560105 11,395 387,600 Sh Sole 387,600 AUTODESK INC. COM 052769106 1,931 76,000 Sh Sole 76,000 AUTOMATIC DATA PROCESSING COM 053015103 1,317 30,763 Sh Sole 30,763 AUTOZONE, INC. COM 053332102 3,351 21,200 Sh Sole 21,200 BP PLC COM 055622104 231 3,991 Sh Sole 3,991 BAKER HUGHES COM 057224107 1,214 30,000 Sh Sole 30,000 BANCO SANTANDER SA COM 05964H105 1,891 115,000 Sh Sole 115,000 BANCORPSOUTH, INC COM 059692103 12,327 525,450 Sh Sole 525,450 BANK OF AMERICA CORP. COM 060505104 10,545 700,170 Sh Sole 700,170 BANK OF NEW YORK MELLON CORP. COM 064058100 13,895 496,800 Sh Sole 496,800 BARD C R INC. COM COM 067383109 3,005 38,580 Sh Sole 38,580 BAXTER INTERNATIONAL INC COM 071813109 9,822 167,390 Sh Sole 167,390 B.E. AEROSPACE, INC. COM 073302101 2,087 88,800 Sh Sole 88,800 BECKMAN COULTER INC. COM 075811109 977 14,930 Sh Sole 14,930 BECTON DICKINSON & CO COM 075887109 16,213 205,594 Sh Sole 205,594 BED BATH & BEYOND COM 075896100 1,379 35,700 Sh Sole 35,700 BERKLEY (WR) CORP. COM 084423102 937 38,030 Sh Sole 38,030 BHP BILLITON LTD. COM 088606108 20,677 270,000 Sh Sole 270,000 BIO RAD LABS INC COM 090572207 22,359 231,800 Sh Sole 231,800 BIOMARIN PHARMACEUTICAL, INC. COM 09061G101 946 50,300 Sh Sole 50,300 BLACKROCK, INC. COM 09247X101 4,760 20,500 Sh Sole 20,500 BOEING CO COM 097023105 9,256 171,000 Sh Sole 171,000 BRISTOL-MYERS SQUIBB CO COM 110122108 14,115 559,000 Sh Sole 559,000 BROADCOM CORP - CL A COM 111320107 10,489 333,500 Sh Sole 333,500
BUCYRUS INTERNATIONAL INC COM 118759109 2,819 50,000 Sh Sole 50,000 BUFFALO WILD WINGS INC COM 119848109 16,997 422,082 Sh Sole 422,082 C. H. ROBINSON WORLDWIDE INC COM 12541W209 770 13,110 Sh Sole 13,110 CIGNA CORP COM 125509109 265 7,500 Sh Sole 7,500 CME GROUP INC COM 12572Q105 672 2,000 Sh Sole 2,000 CVS CAREMARK CORP. COM 126650100 19,159 594,800 Sh Sole 594,800 CANADIAN NATIONAL RAILWAY COM 136375102 13,400 246,500 Sh Sole 246,500 CANADIAN PACIFIC LTD. COM 13645T100 5,940 110,000 Sh Sole 110,000 CARBO CERAMICS INC COM 140781105 15,171 222,550 Sh Sole 222,550 CASEY'S GENERAL STORES COM 147528103 11,316 354,500 Sh Sole 354,500 CATALYST HEALTH SOULUTIONS INC COM 14888B103 21,877 599,850 Sh Sole 599,850 CATERPILLAR INC COM 149123101 1,140 20,000 Sh Sole 20,000 CBEYOND INC. COM 149847105 11,525 731,760 Sh Sole 731,760 CELGENE CORP. COM 151020104 11,108 199,500 Sh Sole 199,500 CENOVUS ENERGY INC COM 15135U109 995 39,500 Sh Sole 39,500 CHATTEM, INC. COM 162456107 26,971 289,080 Sh Sole 289,080 CHEVRON CORP COM 166764100 23,128 300,400 Sh Sole 300,400 CHURCH & DWIGHT INC. COM 171340102 14,909 246,630 Sh Sole 246,630 CISCO SYSTEMS INC COM 17275R102 22,153 925,370 Sh Sole 925,370 CINTAS CORP COM 172908105 922 35,400 Sh Sole 35,400 CITRIX SYSTEMS COM 177376100 2,606 62,640 Sh Sole 62,640 CLARCOR INC COM 179895107 20,486 631,500 Sh Sole 631,500 COACH INC. COM 189754104 8,122 222,340 Sh Sole 222,340 COCA-COLA CO. COM 191216100 254 4,455 Sh Sole 4,455 COGNIZANT TECHNOLOGY SOLUTIONS COM 192446102 6,879 151,850 Sh Sole 151,850 COLGATE-PALMOLIVE CO COM 194162103 5,036 61,300 Sh Sole 61,300 COMCAST CORP - CLASS A (NON VOTING) COM 20030N200 18,603 1,161,950 Sh Sole 1,161,950
COMMERCIAL METALS CO. COM 201723103 468 29,900 Sh Sole 29,900 COMSTOCK RES INC. COM 205768203 10,842 267,250 Sh Sole 267,250 CONCUR TECHNOLGIES INC. COM 206708109 14,930 349,250 Sh Sole 349,250 CONOCOPHILLIPS COM 20825C104 5,328 104,329 Sh Sole 104,329 CONSOL ENERGY, INC. COM 20854P109 1,459 29,300 Sh Sole 29,300 CONTINENTAL RESOURCES INC COM 212015101 1,295 30,200 Sh Sole 30,200 COPART INC COM 217204106 29,007 791,900 Sh Sole 791,900 CORN PRODUCTS INT'L INC COM 219023108 2,604 89,100 Sh Sole 89,100 CORPORATE OFFICE COM 22002T108 15,068 411,350 Sh Sole 411,350 CORRECTIONS CORP. AMERICA COM 22025Y407 19,693 802,150 Sh Sole 802,150 COVANCE INC COM 222816100 1,091 20,000 Sh Sole 20,000 CROWN HOLDINGS INC. COM 228368106 4,201 164,235 Sh Sole 164,235 CULLEN FROST BANKERS INC. COM 229899109 1,317 26,340 Sh Sole 26,340 CURTISS WRIGHT CORP COM 231561101 17,055 544,550 Sh Sole 544,550 DPL INC COM 233293109 152 5,500 Sh Sole 5,500 DAKTRONICS, INC. COM 234264109 8,716 946,350 Sh Sole 946,350 DANAHER CORP. COM 235851102 3,760 50,000 Sh Sole 50,000 DARDEN RESTAURANTS INC COM 237194105 2,386 68,030 Sh Sole 68,030 DEERE & COMPANY COM 244199105 10,277 190,000 Sh Sole 190,000 DENTSPLY INTERNATIONAL COM 249030107 1,374 39,060 Sh Sole 39,060 DEVON ENERGY CORPORATION COM 25179M103 3,109 42,300 Sh Sole 42,300 DIAGEO PLC ADR COM 25243Q205 10,307 148,500 Sh Sole 148,500 DICKS SPORTING GOODS INC. COM 253393102 385 15,500 Sh Sole 15,500 DIGITAL REALTY TRUST INC COM 253868103 15,353 305,355 Sh Sole 305,355 DIODES, INC. COM 254543101 23,533 1,150,750 Sh Sole 1,150,750 DIONEX CORP. COM 254546104 18,102 245,050 Sh Sole 245,050
DISCOVERY COMMIUNICATIONS - A COM 25470F104 4,769 155,500 Sh Sole 155,500 DISCOVERY COMMUNICATIONS - C COM 25470F302 5,397 203,500 Sh Sole 203,500 DIRECTV-CLASS A COM 25490A101 1,748 52,408 Sh Sole 52,408 DOLBY LABORATORIES INC COM 25659T107 18,342 384,280 Sh Sole 384,280 DOLLAR TREE INC COM 256746108 3,695 76,500 Sh Sole 76,500 DONALDSON CO. COM 257651109 3,093 72,700 Sh Sole 72,700 DRESS BARN COM 261570105 18,716 810,200 Sh Sole 810,200 DRIL-QUIP INC COM 262037104 17,257 305,550 Sh Sole 305,550 DUPONT (EI) DE NEMOURS COM 263534109 12,417 368,800 Sh Sole 368,800 DYNAMIC MATERIALS CORP. COM 267888105 11,388 567,970 Sh Sole 567,970 EMC CORP. COM 268648102 20,019 1,145,900 Sh Sole 1,145,900 EOG RESOURCES COM 26875P101 16,609 170,700 Sh Sole 170,700 EAST WEST BANCORP INC. COM 27579R104 2,991 189,280 Sh Sole 189,280 EASTMAN KODAK COM 277461109 2,264 536,560 Sh Sole 536,560 ECOLAB INC COM 278865100 660 14,800 Sh Sole 14,800 EMERSON ELECTRIC CO. COM 291011104 9,968 234,000 Sh Sole 234,000 ENCANA CORP COM 292505104 1,279 39,500 Sh Sole 39,500 ENDO PHARMACEUTICALS HLDGS COM 29264F205 571 27,830 Sh Sole 27,830 ENTERGY CORP COM 29364G103 11,130 136,000 Sh Sole 136,000 EQUIFAX COM 294429105 953 30,840 Sh Sole 30,840 EQUINIX, INC. COM 29444U502 2,123 20,000 Sh Sole 20,000 EXELON CORP COM 30161N101 8,552 175,000 Sh Sole 175,000 EXPEDITORS INT'L WASH. INC. COM 302130109 834 24,010 Sh Sole 24,010 EXPRESS SCRIPTS 'A' COM 302182100 5,524 63,900 Sh Sole 63,900 EXXONMOBIL CORP. COM 30231G102 44,733 656,000 Sh Sole 656,000 FLIR COM 302445101 1,502 45,900 Sh Sole 45,900 FMC TECHNOLOGIES INC COM 30249U101 1,119 19,340 Sh Sole 19,340 FPL GROUP INC COM 302571104 180 3,411 Sh Sole 3,411
FACTSET RESEARCH COM 303075105 15,107 229,350 Sh Sole 229,350 FASTENAL CO COM 311900104 975 23,410 Sh Sole 23,410 FEDEX CORP. COM 31428X106 3,755 45,000 Sh Sole 45,000 FIDELITY NATIONAL INFORMATION COM 31620M106 1,885 80,400 Sh Sole 80,400 FIRST MIDWEST BANKCORP COM 320867104 24,455 2,245,600 Sh Sole 2,245,600 FISERV INC. COM 337738108 223 4,600 Sh Sole 4,600 FLOWERS FOODS INC COM 343498101 22,042 927,700 Sh Sole 927,700 FLOWSERVE CORP COM 34354P105 1,749 18,500 Sh Sole 18,500 FOREST LABS COM 345838106 8,734 272,000 Sh Sole 272,000 FOREST OIL CORP. COM 346091705 334 15,000 Sh Sole 15,000 FORWARD AIR CORP. COM 349853101 13,139 524,500 Sh Sole 524,500 FRANKLIN RESOURCES INC. COM 354613101 190 1,800 Sh Sole 1,800 FREEPORT MCMORAN COPPER & GOLD CL B COM 35671D857 28,774 358,370 Sh Sole 358,370 G&K SERVICES A COM 361268105 11,380 452,850 Sh Sole 452,850 GAMESTOP CORP-CLASS A COM 36467W109 2,109 96,120 Sh Sole 96,120 GAP INC. COM 364760108 12,329 588,500 Sh Sole 588,500 GEN-PROBE, INC. COM 36866T103 28,815 671,680 Sh Sole 671,680 GENERAL DYNAMICS CORP COM 369550108 16,115 236,400 Sh Sole 236,400 GENERAL ELECTRIC COM 369604103 14,563 962,500 Sh Sole 962,500 GENERAL MILLS INC COM 370334104 199 2,811 Sh Sole 2,811 GILEAD SCIENCES COM 375558103 18,710 432,300 Sh Sole 432,300 GILDAN ACTIVEWEAR, INC. COM 375916103 19,671 806,860 Sh Sole 806,860 GLACIER BANCORP INC COM 37637Q105 11,834 862,550 Sh Sole 862,550 GOLDMAN SACHS GROUP COM 38141G104 16,310 96,603 Sh Sole 96,603 GOODRICH CORPORATION COM 382388106 1,992 31,000 Sh Sole 31,000 J2 GLOBAL COMMUNICATIONS INC. COM 46626E205 19,520 959,200 Sh Sole 959,200 GULFMARK OFFSHORE INC COM 402629109 5,883 207,800 Sh Sole 207,800
HCC INSURANCE HOLDINGS COM 404132102 28,932 1,034,400 Sh Sole 1,034,400 HAEMONETICS CORP COM 405024100 23,770 431,000 Sh Sole 431,000 HAIN CELESTIAL GROUP INC. COM 405217100 13,257 779,350 Sh Sole 779,350 HARRIS CORPORATION COM 413875105 1,676 35,250 Sh Sole 35,250 HEALTHCARE SVCS GCES GROUP COM 421906108 22,297 1,038,990 Sh Sole 1,038,990 HEALTHCARE REATLY TR COM 421946104 14,635 681,950 Sh Sole 681,950 HEARTLAND EXPRESS, INC. COM 422347104 22,908 1,500,200 Sh Sole 1,500,200 HEICO CORPORATION COM 422806208 10,482 291,500 Sh Sole 291,500 H.J. HEINZ CO. COM 423074103 16,729 391,240 Sh Sole 391,240 JACK HENRY & ASSOCIATES INC COM 426281101 17,085 738,990 Sh Sole 738,990 HESS CORP. COM 42809H107 182 3,000 Sh Sole 3,000 HEWLETT PACKARD COM 428236103 2,163 42,000 Sh Sole 42,000 HITTITE MICROWAVE CORP COM 43365Y104 4,861 119,300 Sh Sole 119,300 HOME DEPOT INC COM 437076102 3,240 112,000 Sh Sole 112,000 HOME PROPERTIES INC COM 437306103 18,266 382,860 Sh Sole 382,860 HONEYWELL INTL INC COM 438516106 23,618 602,500 Sh Sole 602,500 IAC/INTERACTIVE CORPORATION COM 44919P508 8,169 398,900 Sh Sole 398,900 ITT CORP. COM 450911102 970 19,500 Sh Sole 19,500 ICON PLC COM 45103T107 13,384 615,900 Sh Sole 615,900 ICICI BANK LTD COM 45104G104 2,263 60,000 Sh Sole 60,000 ICONIX BRAND GROUP, INC. COM 451055107 22,663 1,791,530 Sh Sole 1,791,530 IDEX CORP. COM 45167R104 24,263 778,900 Sh Sole 778,900 IDEXX LABORATORIES INC. COM 45168D104 20,465 382,950 Sh Sole 382,950 IHS, INC. CLASS A COM 451734107 2,386 43,540 Sh Sole 43,540 ILLINOIS TOOL WKS INC COM 452308109 672 14,000 Sh Sole 14,000 ILLUMINA INC. COM 452327109 1,024 33,400 Sh Sole 33,400 INTEGRA LIFESCIENCES HOLDINGS COM 457985208 21,139 574,750 Sh Sole 574,750
INTEL CORP COM 458140100 9,965 488,500 Sh Sole 488,500 INTERNATIONAL BUSINESS MACHINES COM 459200101 46,396 354,437 Sh Sole 354,437 INTERNATIONAL FLAVORS & FRAGRANCES COM 459506101 6,471 157,300 Sh Sole 157,300 INTERSIL HLDG CORP CL A COM 46069S109 24,648 1,606,810 Sh Sole 1,606,810 INVESTMENT TECHNOLOGY GROUP COM 46145F105 18,780 953,280 Sh Sole 953,280 IRON MOUNTAIN COM 462846106 1,103 48,460 Sh Sole 48,460 ITC HOLDINGS CORP COM 465685105 15,616 299,790 Sh Sole 299,790 J.P. MORGAN CHASE & CO. COM 46625H100 24,364 584,694 Sh Sole 584,694 J2 GLOBAL COMMUNICATIONS INC. COM 46626E205 164 8,050 Sh Sole 8,050 JACOBS ENGINEERING GROUP, INC. COM 469814107 3,415 90,810 Sh Sole 90,810 JOHNSON & JOHNSON COM 478160104 37,360 580,040 Sh Sole 580,040 JUNIPER NETWORKS COM 48203R104 11,636 436,300 Sh Sole 436,300 KLA TENCOR CORP COM 482480100 12,584 348,000 Sh Sole 348,000 KAYDON COM 486587108 15,143 423,460 Sh Sole 423,460 KELLOGG CO COM 487836108 14,466 271,920 Sh Sole 271,920 KEPPEL CORP LTD- SPONS ADR COM 492051305 4,674 397,150 Sh Sole 397,150 KIMBERLY CLARK CORP COM 494368103 6,782 106,444 Sh Sole 106,444 KRAFT FOODS INC. COM 50075N104 11,497 423,000 Sh Sole 423,000 KROGER CO COM 501044101 3,546 172,700 Sh Sole 172,700 LKQ CORP. COM 501889208 27,583 1,408,030 Sh Sole 1,408,030 L-3 COMMUNICATIONS HLDGS. INC. COM 502424104 9,304 107,000 Sh Sole 107,000 LABORATORY CORP. COM 50540R409 13,423 179,350 Sh Sole 179,350 LANDSTAR SYS INC. COM 515098101 1,086 28,000 Sh Sole 28,000 LIBERTY MEDIA CORP- ENT SER A COM 53071M708 242 5,240 Sh Sole 5,240 LIFE TECHNOLOGIES CORP COM 53217V109 4,071 77,940 Sh Sole 77,940 LILLY (ELI) COM 532457108 10,774 301,700 Sh Sole 301,700
LIONS GATE ENTERTAINMENT COR COM 535919203 3,943 678,624 Sh Sole 678,624 LOCKHEED MARTIN COM 539830109 11,694 155,200 Sh Sole 155,200 MSC INDUSTRIAL DIRECT CO INC. COM 553530106 19,122 406,850 Sh Sole 406,850 MANTECH INTERNATIONAL COM 564563104 27,860 577,050 Sh Sole 577,050 MARATHON OIL CORP COM 565849106 15,641 501,000 Sh Sole 501,000 MARSH & MCLENNAN COS INC. COM 571748102 7,827 354,500 Sh Sole 354,500 MATTHEWS INTL CORP- CL A COM 577128101 5,493 155,050 Sh Sole 155,050 MCAFEE INC COM 579064106 3,065 75,550 Sh Sole 75,550 MCCORMICK & CO. INC. COM 579780206 1,531 42,380 Sh Sole 42,380 MCDERMOTT INT'L. INC. COM 580037109 10,327 430,100 Sh Sole 430,100 MCDONALD'S CORP COM 580135101 20,684 331,257 Sh Sole 331,257 MCGRAW-HILL COS.INC COM 580645109 11,494 343,000 Sh Sole 343,000 MEDASSETS INC COM 584045108 20,789 980,170 Sh Sole 980,170 MEDCO HEALTH SOLUTIONS, INC. COM 58405U102 7,861 123,000 Sh Sole 123,000 MEDTRONIC INC. COM 585055106 22,743 517,128 Sh Sole 517,128 MERCK & CO. INC. COM 58933Y105 26,059 713,169 Sh Sole 713,169 MERIDIAN BIOSCIENCE, INC. COM 589584101 7,863 364,850 Sh Sole 364,850 METLIFE INC COM 59156R108 9,933 281,000 Sh Sole 281,000 METTLER TOLEDO INTERNATIONAL COM 592688105 40,393 384,730 Sh Sole 384,730 MICROS SYSTEM, INC. COM 594901100 19,859 639,980 Sh Sole 639,980 MICROSOFT CORP COM 594918104 34,244 1,123,134 Sh Sole 1,123,134 MICROCHIP TECHNOLOGY INC COM 595017104 538 18,500 Sh Sole 18,500 NEWS CORP-CLASS B COM 65248E203 2,643 166,000 Sh Sole 166,000 MOLEX, INC. - CLASS A COM 608554200 1,722 90,000 Sh Sole 90,000 MONSANTO CO COM 61166W101 2,126 26,000 Sh Sole 26,000 MOODY'S CORPORATION COM 615369105 997 37,200 Sh Sole 37,200 MORGAN STANLEY COM 617446448 12,772 431,500 Sh Sole 431,500 MORNINGSTAR, INC. COM 617700109 15,700 324,780 Sh Sole 324,780
NII HOLDINGS,INC. COM 62913F201 682 20,300 Sh Sole 20,300 NATIONAL-OILWELL VARCO COM 637071101 1,100 24,940 Sh Sole 24,940 NAVIGATORS GROUP INC COM 638904102 8,579 182,100 Sh Sole 182,100 NETAPP INC COM 64110D104 18,863 548,500 Sh Sole 548,500 NEUSTAR, INC. COM 64126X201 6,323 274,450 Sh Sole 274,450 NICE SYSTEMS LTD COM 653656108 41,277 1,329,800 Sh Sole 1,329,800 NIKE INC. COM 654106103 14,207 215,028 Sh Sole 215,028 NOKIA CORP COM 654902204 10,013 779,200 Sh Sole 779,200 NOBLE ENERGY INC. COM 655044105 24,428 343,000 Sh Sole 343,000 NORTHERN TRUST CORP. COM 665859104 6,664 127,175 Sh Sole 127,175 NORTHROP GRUMMAN CORP. COM 666807102 11,544 206,700 Sh Sole 206,700 NOVARTIS AG (ADR) COM 66987V109 191 3,500 Sh Sole 3,500 NOVO-NORDISK A/S COM 670100205 1,596 25,000 Sh Sole 25,000 NUANCE COMMUNICATIONS COM 67020Y100 28,949 1,862,870 Sh Sole 1,862,870 NUCOR CORP. COM 670346105 718 15,400 Sh Sole 15,400 NVIDIA CORP COM 67066G104 934 50,000 Sh Sole 50,000 NUVASIVE INC COM 670704105 22,516 704,070 Sh Sole 704,070 OCCIDENTAL PETROLEUM CO. COM 674599105 5,545 68,162 Sh Sole 68,162 OCEANEERING INTL INC COM 675232102 63 1,080 Sh Sole 1,080 OIL STS INT'L, INC. COM 678026105 12,551 319,450 Sh Sole 319,450 OPEN TEXT COM 683715106 33,780 831,000 Sh Sole 831,000 ORACLE CORP COM 68389X105 9,816 400,000 Sh Sole 400,000 O'REILLY AUTOMOTIVE INC COM 686091109 929 24,380 Sh Sole 24,380 OWENS & MINOR INC COM 690732102 15,556 362,350 Sh Sole 362,350 PNC FINANCIAL COM 693475105 264 5,006 Sh Sole 5,006 PACKAGING CORP AMERICA COM 695156109 288 12,500 Sh Sole 12,500 PACTIV CORPORATION COM 695257105 18,366 760,831 Sh Sole 760,831 QUANTA SERVICES, INC. COM 74762E102 573 27,500 Sh Sole 27,500
PARKER-HANNIFIN COM 701094104 2,694 50,000 Sh Sole 50,000 PATTERSON UTI ENERGY, INC. COM 703481101 154 10,000 Sh Sole 10,000 PEABODY ENERGY CORP COM 704549104 5,945 131,500 Sh Sole 131,500 PENN NATIONAL GAMING INC COM 707569109 14,212 522,900 Sh Sole 522,900 PEOPLE'S UNITED FINANCIAL COM 712704105 1,181 70,700 Sh Sole 70,700 PEPSICO INC. COM 713448108 34,386 565,554 Sh Sole 565,554 PETROHAWK ENERGY CORP COM 716495106 1,440 60,020 Sh Sole 60,020 PETROLEO BRASILEIRO S.A. COM 71654V408 1,430 30,000 Sh Sole 30,000 PFIZER INC COM 717081103 23,056 1,267,500 Sh Sole 1,267,500 PHILIP MORRIS INTERNATIONAL COM 718172109 13,156 273,000 Sh Sole 273,000 PHILLIPS-VAN HEUSEN COM 718592108 842 20,700 Sh Sole 20,700 POLO RALPH LAUREN CORP COM 731572103 6,049 74,700 Sh Sole 74,700 POLYCOM COM 73172K104 26,474 1,060,250 Sh Sole 1,060,250 PORTFOLIO RECOVERY ASSOCS, INC. COM 73640Q105 21,828 486,370 Sh Sole 486,370 POTASH CORP OF SASKATCHEWAN COM 73755L107 3,689 34,000 Sh Sole 34,000 POWER INTEGRATIONS, INC. COM 739276103 17,079 469,720 Sh Sole 469,720 PRAXAIR INC COM 74005P104 23,169 288,500 Sh Sole 288,500 PRECISION CASTPARTS CORP. COM 740189105 6,283 56,940 Sh Sole 56,940 T. ROWE PRICE GROUP COM 74144T108 1,491 28,000 Sh Sole 28,000 PRIDE INT'L INC. COM 74153Q102 6,334 198,500 Sh Sole 198,500 PROCTER & GAMBLE COM 742718109 40,614 669,870 Sh Sole 669,870 PROGRESS SOFTWARE CORP. COM 743312100 18,845 645,150 Sh Sole 645,150 QUALCOMM INC COM 747525103 393 8,500 Sh Sole 8,500 QUALITY SYSTEMS INC COM 747582104 16,360 260,550 Sh Sole 260,550 QUANTA SERVICES, INC. COM 74762E102 75 3,600 Sh Sole 3,600
QUEST DIAGNOSTICS COM 74834L100 4,951 82,000 Sh Sole 82,000 RALCORP HLDGS, INC. COM 751028101 9,769 163,608 Sh Sole 163,608 RANGE RESOURCES CORP. COM 75281A109 2,188 43,900 Sh Sole 43,900 RESMED, INC. COM 761152107 1,004 19,200 Sh Sole 19,200 RITCHIE BROS. AUCTIONEERS COM 767744105 25,801 1,150,270 Sh Sole 1,150,270 RIVERBED TECHNOLOGY INC COM 768573107 4,020 175,000 Sh Sole 175,000 ROCHE HLDG. LTD ADR COM 771195104 5,929 140,000 Sh Sole 140,000 ROCKWELL AUTOMATION, INC. COM 773903109 188 4,000 Sh Sole 4,000 ROFIN SINAR TECHNOLOGIES INC. COM 775043102 15,999 677,650 Sh Sole 677,650 ROGERS COMMUNICATION - CL B COM 775109200 13,671 441,000 Sh Sole 441,000 ROLLINS INC. COM 775711104 16,525 857,100 Sh Sole 857,100 ROPER INDUSTRIES INC. COM 776696106 1,117 21,320 Sh Sole 21,320 SBA COMMUNICATIONS CORP- A COM 78388J106 3,536 103,500 Sh Sole 103,500 SPDR GOLD TRUST COM 78463V107 7,834 73,000 Sh Sole 73,000 SPDR KBW REGIONAL BANKING ETF COM 78464A698 14,216 638,900 Sh Sole 638,900 SVB FINANCIAL GROUP COM 78486Q101 58 1,400 Sh Sole 1,400 ST JUDE MEDICAL INC COM 790849103 11,660 317,020 Sh Sole 317,020 ST MARY LD & EXPL. CO. COM 792228108 1,061 31,000 Sh Sole 31,000 TARGET CORP. COM 87612E106 167 3,459 Sh Sole 3,459 TOTAL PETROLEUM COM 89151E109 5,251 82,000 Sh Sole 82,000 THE TRAVELERS COMPANIES, INC. COM 89417E109 22,626 453,799 Sh Sole 453,799 SAP A.G. COM 803054204 15,958 340,900 Sh Sole 340,900 SCHLUMBERGER LTD. COM 806857108 31,901 490,100 Sh Sole 490,100 SELECTIVE GROUP, INC. COM 816300107 13,792 838,400 Sh Sole 838,400 SHIRE PHARMACEUTICALS GROUP COM 82481R106 2,895 49,320 Sh Sole 49,320 SIGMA ALDRICH CORP COM 826552101 719 14,230 Sh Sole 14,230
SIGNATURE BANK COM 82669G104 16,915 530,255 Sh Sole 530,255 SILGAN HOLDINGS INC COM 827048109 25,212 435,590 Sh Sole 435,590 SIRONA DENTAL SYSTEMS, INC. COM 82966C103 14,224 448,150 Sh Sole 448,150 SMUCKER J M CO COM 832696405 5,743 93,000 Sh Sole 93,000 SOUTHWESTERN ENERGY CO. COM 845467109 3,245 67,330 Sh Sole 67,330 STEEL DYNAMICS INC COM 858119100 13,418 757,210 Sh Sole 757,210 STERICYCLE INC. COM 858912108 3,258 59,050 Sh Sole 59,050 STIFEL FINANCIAL CORP COM 860630102 4,727 79,800 Sh Sole 79,800 STRAYER EDUCATION INC. COM 863236105 23,805 112,030 Sh Sole 112,030 STRYKER CORP COM 863667101 2,116 42,000 Sh Sole 42,000 SUNCOR ENERGY COM 867224107 2,189 62,000 Sh Sole 62,000 SUPERIOR ENERGY SVCS INC COM 868157108 27,293 1,123,650 Sh Sole 1,123,650 TJX COMPANIES COM 872540109 5,607 153,400 Sh Sole 153,400 TECHNE CORP COM 878377100 23,026 335,850 Sh Sole 335,850 TELEFONICA COM 879382208 3,925 47,000 Sh Sole 47,000 TERADATA CORP COM 88076W103 11,001 350,000 Sh Sole 350,000 TEVA PHARMACEUTICAL COM 881624209 12,697 226,000 Sh Sole 226,000 TEXAS INSTRUMENTS COM 882508104 19,221 737,580 Sh Sole 737,580 TEXAS ROADHOUSE INC COM 882681109 18,763 1,670,750 Sh Sole 1,670,750 THERMO FISHER SCIENTIFIC, INC. COM 883556102 5,840 122,450 Sh Sole 122,450 THOMPSON CREEK METALS CO INC COM 884768102 469 40,000 Sh Sole 40,000 TIFFANY & CO. COM 886547108 2,795 65,000 Sh Sole 65,000 TIME WARNER, INC. COM 887317303 21,851 749,866 Sh Sole 749,866 TIME WARNER CABLE COM 88732J207 12,062 291,428 Sh Sole 291,428 TORO CO. COM 891092108 14,080 336,750 Sh Sole 336,750 TOTAL S.A. COM 89151E109 640 10,000 Sh Sole 10,000 TRACTOR SUPPLY CO COM 892356106 23,741 448,290 Sh Sole 448,290 THE TRAVELERS COMPANIES, INC. COM 89417E109 270 5,410 Sh Sole 5,410
TRIMBLE NAVIGATION LTD COM 896239100 919 36,450 Sh Sole 36,450 VALE SA-SP ADR COM 91912E105 4,093 141,000 Sh Sole 141,000 US BANCORP COM 902973304 17,868 793,800 Sh Sole 793,800 UNION PACIFIC CORP. COM 907818108 14,441 226,000 Sh Sole 226,000 UNITED TECHNOLOGIES CORP. COM 913017109 28,111 405,000 Sh Sole 405,000 VFC CORP COM 918204108 3,619 49,410 Sh Sole 49,410 VALE SA COM 91912E105 290 10,000 Sh Sole 10,000 VALUECLICK INC COM 92046N102 12,023 1,188,000 Sh Sole 1,188,000 VARIAN MEDICAL SYSTEMS COM 92220P105 1,357 28,960 Sh Sole 28,960 VERIZON COMMUNICATIONS COM 92343V104 17,410 525,500 Sh Sole 525,500 VISA INC COM 92826C839 3,848 44,000 Sh Sole 44,000 VODAFONE GROUP PLC COM 92857W209 750 32,500 Sh Sole 32,500 WMS INDUSTRIES INC. COM 929297109 17,876 446,900 Sh Sole 446,900 WABTEC CORP. COM 929740108 19,158 469,100 Sh Sole 469,100 WAL-MART STORES, INC. COM 931142103 7,158 133,928 Sh Sole 133,928 WALGREEN CO. COM 931422109 4,116 112,100 Sh Sole 112,100 WASHINGTON FEDERAL INC COM 938824109 2,138 110,550 Sh Sole 110,550 WASTE CONNECTIONS INC. COM 941053100 45,539 1,365,900 Sh Sole 1,365,900 WASTE MANAGEMENT INC COM 94106L109 17,108 506,000 Sh Sole 506,000 WELLS FARGO & CO COM 949746101 13,038 483,057 Sh Sole 483,057 WEST PHARMACEUTICAL SERVICES, INC COM 955306105 19,345 493,500 Sh Sole 493,500 WEYERHAEUSER CO. COM 962166104 186 4,308 Sh Sole 4,308 WILLIAMS CO. COM 969457100 4,216 200,000 Sh Sole 200,000 WILLIAMS PARTNERS LP COM 96950F104 123 4,000 Sh Sole 4,000 WOLVERINE WORLD WIDE, INC. COM 978097103 22,927 842,280 Sh Sole 842,280 WRIGHT MEDICAL GROUP INC COM 98235T107 1,137 60,000 Sh Sole 60,000
XTO ENERGY CORP COM 98385X106 2,327 50,000 Sh Sole 50,000 YAMANA GOLD INC COM 98462Y100 700 61,500 Sh Sole 61,500 YUM BRANDS INC COM 988498101 4,301 123,000 Sh Sole 123,000 ZIMMER HOLDINGS INC. COM 98956P102 16,285 275,500 Sh Sole 275,500 AMDOCS LTD COM G02602103 1,104 38,710 Sh Sole 38,710 ARCH CAPITAL GROUP LTD. COM G0450A105 12,475 174,350 Sh Sole 174,350 ACCENTURE PLC-CL A COM G1151C101 20,065 483,500 Sh Sole 483,500 BUNGE LIMITED COM G16962105 779 12,200 Sh Sole 12,200 COVIDIEN PLC COM G2554F105 9,506 198,500 Sh Sole 198,500 ENDURANCE SPECIALTY HOLDINGS LTD. COM G30397106 31,654 850,230 Sh Sole 850,230 INGERSOLL-RAND PLC COM G47791101 3,960 110,800 Sh Sole 110,800 INVESCO COM G491BT108 1,198 51,000 Sh Sole 51,000 SEAGATE TECHNOLOGY COM G7945J104 819 45,000 Sh Sole 45,000 WARNER CHILCOTT PLC- CLASS A COM G94368100 4,578 160,800 Sh Sole 160,800 GOLAR LNG LTD COM G9456A100 13,829 1,078,679 Sh Sole 1,078,679 WILLIS GROUP HOLDINGS COM G96655108 11,519 436,650 Sh Sole 436,650 WILLIS GROUP HOLDINGS PLC COM G96666105 86 3,270 Sh Sole 3,270 ACE LTD COM H0023R105 13,709 272,000 Sh Sole 272,000 WEATHERFORD INTL LTD COM H27013103 17,373 970,015 Sh Sole 970,015 NOBLE CORP COM H5833N103 2,768 68,000 Sh Sole 68,000 TRANSOCEAN LTD COM H8817H100 21,569 260,500 Sh Sole 260,500 TYCO INTERNATIONAL LTD. COM H89128104 8,136 228,025 Sh Sole 228,025 CHECK POINT SOFTWARE TECH COM M22465104 13,823 408,000 Sh Sole 408,000 CORE LABORATORIES COM N22717107 30,138 255,150 Sh Sole 255,150 QIAGEN NV COM N72482107 92 4,130 Sh Sole 4,130 PALADIN ENERGY LTD. COM Q7264T104 5,558 1,492,000 Sh Sole 1,492,000 AEGEAN MARINE PETROLEUM NETW COM Y0017S102 3,724 135,500 Sh Sole 135,500 DYNEGY INC COM 26817G102 2 1,131 Sh Sole 1,131
METROPCS COM 591708102 273 35,719 Sh Sole 35,719 -------- --------- 4,175,371 129,108,771 129,108,771