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
1st Source Corporation COM 336901103 0 17 SH   SOLE   17 0 0
ACE Limited COM H0023R105 1,405 15,700 SH   SOLE   9,600 0 6,100
AFLAC Inc. COM 001055102 1,470 25,300 SH   SOLE   15,400 0 9,900
Advance Auto Parts Inc COM 00751Y106 81 1,000 SH   SOLE   1,000 0 0
Air Transport Services Grp COM 00922R105 1 142 SH   SOLE   142 0 0
Alleghany Corp COM 017175100 575 1,500 SH   SOLE   400 0 1,100
Alliant Energy Corp. COM 018802108 787 15,600 SH   SOLE   4,000 0 11,600
Allied World Assurance Co. COM H01531104 3,917 42,800 SH   SOLE   11,500 0 31,300
AmTrust Financial Services COM 032359309 3 72 SH   SOLE   72 0 0
Amer. Cpl Mtg Inv Corp COM 02504A104 2 104 SH   SOLE   104 0 0
American Axle & Manufacturing COM 024061103 1 36 SH   SOLE   36 0 0
American Capital, Ltd. COM 02503Y103 4,019 317,200 SH   SOLE   91,800 0 225,400
American Financial Group COM 025932104 2,455 50,200 SH   SOLE   16,800 0 33,400
American Intl Group, Inc. COM 026874784 1,480 33,100 SH   SOLE   20,300 0 12,800
American Water Works COM 030420103 1,060 25,700 SH   SOLE   4,800 0 20,900
Ameriprise Financial, Inc. COM 03076C106 938 11,600 SH   SOLE   700 0 10,900
AmerisourceBergen Corp COM 03073E105 6,108 109,400 SH   SOLE   31,300 0 78,100
Amkor Technology Inc COM 031652100 2 507 SH   SOLE   507 0 0
Arch Capital Group Ltd. COM G0450A105 2,714 52,800 SH   SOLE   14,200 0 38,600
Archer Daniels Midland COM 039483102 749 22,100 SH   SOLE   13,300 0 8,800
Ares Capital Corp COM 04010L103 2,606 151,500 SH   SOLE   37,000 0 114,500
Arlington Asset Investmnt Corp COM 041356205 2 82 SH   SOLE   82 0 0
Arrow Electronics Inc COM 042735100 7,516 188,600 SH   SOLE   58,500 0 130,100
Assurant Inc. COM 04621X108 2,439 47,900 SH   SOLE   13,200 0 34,700
AutoNation Inc. COM 05329W102 3,627 83,600 SH   SOLE   26,000 0 57,600
Avery Dennison Corp. COM 053611109 1,261 29,500 SH   SOLE   4,700 0 24,800
Avis Budget Group, Inc. COM 053774105 1,555 54,100 SH   SOLE   12,300 0 41,800
Avnet Inc COM 053807103 7,765 231,100 SH   SOLE   72,900 0 158,200
Axis Capital Holdings Ltd COM G0692U109 4,409 96,300 SH   SOLE   29,000 0 67,300
BOK Financial Corp. COM 05561Q201 461 7,200 SH   SOLE   2,000 0 5,200
BancFirst Corp OK COM 05945F103 0 8 SH   SOLE   8 0 0
Bassett Furniture Industries COM 070203104 0 19 SH   SOLE   19 0 0
Becton Dickinson & Co. COM 075887109 59 600 SH   SOLE   0 0 600
Bridgepoint Education, Inc. COM 10807M105 1 121 SH   SOLE   121 0 0
Brooks Automation Inc COM 114340102 1 139 SH   SOLE   139 0 0
Bunge Limited COM G16962105 8,393 118,600 SH   SOLE   39,300 0 79,300
CA, Inc. COM 12673P105 529 18,500 SH   SOLE   8,800 0 9,700
CIGNA Corporation COM 125509109 4,219 58,200 SH   SOLE   25,400 0 32,800
CNA Financial Corporation COM 126117100 1,138 34,900 SH   SOLE   9,600 0 25,300
CNH Global N.V. COM N20935206 7,965 191,200 SH   SOLE   62,600 0 128,600
CVR Energy, Inc. COM 12662P108 455 9,600 SH   SOLE   600 0 9,000
Cabot Corporation COM 127055101 438 11,700 SH   SOLE   3,300 0 8,400
Cal-Maine Foods Inc. COM 128030202 2 42 SH   SOLE   42 0 0
Campbell Soup Company COM 134429109 314 7,000 SH   SOLE   3,600 0 3,400
Capella Education Co. COM 139594105 1 21 SH   SOLE   21 0 0
Cardinal Health Inc. COM 14149Y108 1,543 32,700 SH   SOLE   19,800 0 12,900
Carlisle Companies Inc. COM 142339100 106 1,700 SH   SOLE   1,700 0 0
Carnival Corp COM 143658300 597 17,400 SH   SOLE   10,700 0 6,700
Celanese Corp. COM 150870103 358 8,000 SH   SOLE   3,800 0 4,200
Chevron Corp COM 166764100 3,325 28,100 SH   SOLE   16,900 0 11,200
Chubb Corp COM 171232101 1,270 15,000 SH   SOLE   9,000 0 6,000
Coca-Cola Bottling Cl A COM 191098102 1 10 SH   SOLE   10 0 0
Coleman Cable Inc. COM 193459302 1 38 SH   SOLE   38 0 0
Community Health Systems COM 203668108 131 2,800 SH   SOLE   2,800 0 0
Community Trust Bancorp COM 204149108 1 17 SH   SOLE   17 0 0
ConocoPhillips COM 20825C104 1,440 23,800 SH   SOLE   14,500 0 9,300
Copa Holdings cl A COM P31076105 1,390 10,600 SH   SOLE   2,800 0 7,800
Corning Inc. COM 219350105 1,483 104,200 SH   SOLE   64,500 0 39,700
Cubic Corporation COM 229669106 2 49 SH   SOLE   49 0 0
Culp Inc. COM 230215105 0 20 SH   SOLE   20 0 0
DISH Network Corp Cl A COM 25470M109 2,092 49,200 SH   SOLE   19,400 0 29,800
DTE Energy Company COM 233331107 684 10,200 SH   SOLE   900 0 9,300
Diamond Offshore Drilling Inc. COM 25271C102 2,531 36,800 SH   SOLE   11,000 0 25,800
Dillards Inc cl A COM 254067101 2,689 32,800 SH   SOLE   9,100 0 23,700
Discover Financial Services COM 254709108 567 11,900 SH   SOLE   7,400 0 4,500
Discovery Communications A COM 25470F104 2,757 35,700 SH   SOLE   10,900 0 24,800
Domtar Corp. COM 257559203 1,935 29,100 SH   SOLE   6,500 0 22,600
E.W. Scripps cl A COM 811054402 1 93 SH   SOLE   93 0 0
EPAM Systems Inc COM 29414B104 1 43 SH   SOLE   43 0 0
EZCORP Inc. COM 302301106 2 123 SH   SOLE   123 0 0
Employers Holdings, Inc. COM 292218104 2 65 SH   SOLE   65 0 0
Ennis Inc COM 293389102 1 30 SH   SOLE   30 0 0
Entercom Communications COM 293639100 0 50 SH   SOLE   50 0 0
Entergy Corp COM 29364G103 9,226 132,400 SH   SOLE   43,400 0 89,000
Everest Re Group Ltd COM G3223R108 269 2,100 SH   SOLE   1,400 0 700
Exelis Inc. COM 30162A108 1,966 142,600 SH   SOLE   33,500 0 109,100
Exxon Mobil Corporation COM 30231G102 1,229 13,600 SH   SOLE   8,200 0 5,400
FBL Financial Group cl A COM 30239F106 1 16 SH   SOLE   16 0 0
Federal Agricultural Mortgage COM 313148306 1 21 SH   SOLE   21 0 0
Fifth Third Bancorp COM 316773100 1,384 76,700 SH   SOLE   25,600 0 51,100
First Interstate BancSystem A COM 32055Y201 2 75 SH   SOLE   75 0 0
First Republic Bank COM 33616C100 3,556 92,400 SH   SOLE   21,500 0 70,900
Foot Locker Inc COM 344849104 787 22,400 SH   SOLE   6,300 0 16,100
Ford Motor Company COM 345370860 1,230 79,500 SH   SOLE   51,600 0 27,900
Franklin Resources, Inc. COM 354613101 1,102 8,100 SH   SOLE   4,900 0 3,200
GAIN Capital Holdings, Inc. COM 36268W100 1 92 SH   SOLE   92 0 0
GAMCO Investors, Inc. COM 361438104 1 13 SH   SOLE   13 0 0
Gannett Co. Inc. COM 364730101 7,328 299,600 SH   SOLE   77,000 0 222,600
General Dynamics Corp. COM 369550108 1,175 15,000 SH   SOLE   9,200 0 5,800
General Electric Co COM 369604103 295 12,700 SH   SOLE   7,800 0 4,900
Genuine Parts Company COM 372460105 4,458 57,100 SH   SOLE   13,600 0 43,500
Great Southern Bancorp COM 390905107 0 16 SH   SOLE   16 0 0
HCA Holdings Inc. COM 40412C101 3,819 105,900 SH   SOLE   32,900 0 73,000
Hanesbrands, Inc. COM 410345102 309 6,000 SH   SOLE   400 0 5,600
Harbinger Group Inc. COM 41146A106 1 170 SH   SOLE   170 0 0
Harris Corporation COM 413875105 246 5,000 SH   SOLE   5,000 0 0
Hawaiian Telcom Holdco, Inc. COM 420031106 0 13 SH   SOLE   13 0 0
HealthSouth Corporation COM 421924309 3,816 132,500 SH   SOLE   26,500 0 106,000
Heartland Financial USA COM 42234Q102 0 14 SH   SOLE   14 0 0
Homestreet Inc COM 43785V102 2 87 SH   SOLE   87 0 0
Horace Mann Educators COM 440327104 2 85 SH   SOLE   85 0 0
Hormel Foods Corp COM 440452100 478 12,400 SH   SOLE   12,400 0 0
Hubbell Inc cl B COM 443510201 703 7,100 SH   SOLE   500 0 6,600
IDT Corp Class B COM 448947507 1 36 SH   SOLE   36 0 0
Igate Corporation COM 45169U105 3 164 SH   SOLE   164 0 0
Ingles Markets cl A COM 457030104 0 16 SH   SOLE   16 0 0
Ingram Micro Inc. COM 457153104 3,422 180,200 SH   SOLE   38,400 0 141,800
Ingredion Incorporated COM 457187102 2,041 31,100 SH   SOLE   5,100 0 26,000
Insight Enterprises, Inc. COM 45765U103 2 120 SH   SOLE   120 0 0
Intel Corporation COM 458140100 313 12,900 SH   SOLE   2,300 0 10,600
Inter Parfums, Inc. COM 458334109 2 65 SH   SOLE   65 0 0
International Bancshares COM 459044103 2 74 SH   SOLE   74 0 0
Iridium Communications Inc COM 46269C102 2 206 SH   SOLE   206 0 0
JPMorgan Chase & Co COM 46625H100 2,666 50,500 SH   SOLE   31,200 0 19,300
Jabil Circuit Inc. COM 466313103 1,997 98,000 SH   SOLE   23,400 0 74,600
Jacobs Engineering Group COM 469814107 491 8,900 SH   SOLE   2,400 0 6,500
John Wiley & Sons cl A COM 968223206 1,147 28,600 SH   SOLE   6,200 0 22,400
Jones Lang LaSalle Inc COM 48020Q107 1,713 18,800 SH   SOLE   4,700 0 14,100
Journal Communications Inc. COM 481130102 1 172 SH   SOLE   172 0 0
Kelly Services cl A COM 488152208 2 104 SH   SOLE   104 0 0
Kroger Company COM 501044101 1,527 44,200 SH   SOLE   27,000 0 17,200
L-3 Communications COM 502424104 6,662 77,700 SH   SOLE   19,600 0 58,100
Lear Corporation COM 521865204 5,073 83,900 SH   SOLE   24,700 0 59,200
Leucadia National Corp. COM 527288104 3,991 152,200 SH   SOLE   53,600 0 98,600
Libbey Inc. COM 529898108 1 37 SH   SOLE   37 0 0
Lincoln National Corp COM 534187109 3,913 107,300 SH   SOLE   25,400 0 81,900
Loews Corp COM 540424108 1,860 41,900 SH   SOLE   25,600 0 16,300
LyondellBasell Industries cl A COM N53745100 1,650 24,900 SH   SOLE   15,300 0 9,600
M&T Bank Corp. COM 55261F104 1,732 15,500 SH   SOLE   4,000 0 11,500
Macy's Inc. COM 55616P104 259 5,400 SH   SOLE   700 0 4,700
ManTech International A COM 564563104 2 84 SH   SOLE   84 0 0
Marten Transport, Ltd. COM 573075108 1 60 SH   SOLE   60 0 0
Matthews International Corp COM 577128101 2 54 SH   SOLE   54 0 0
McKesson Corp COM 58155Q103 698 6,100 SH   SOLE   4,800 0 1,300
Meadowbrook Insurance COM 58319P108 0 60 SH   SOLE   60 0 0
Molson Coors Brewing Co. COM 60871R209 5,006 104,600 SH   SOLE   25,800 0 78,800
Mueller Industries, Inc. COM 624756102 1 23 SH   SOLE   23 0 0
NACCO Industries Inc A COM 629579103 1 22 SH   SOLE   22 0 0
National Healthcare Corp COM 635906100 0 7 SH   SOLE   7 0 0
National Western Life Insuranc COM 638522102 0 2 SH   SOLE   2 0 0
Navigators Group Inc COM 638904102 1 13 SH   SOLE   13 0 0
Nelnet Inc COM 64031N108 1 36 SH   SOLE   36 0 0
New Mountain Finance Corp COM 647551100 2 155 SH   SOLE   155 0 0
New York Cmnty Bancorp COM 649445103 466 33,300 SH   SOLE   8,800 0 24,500
Nexstar Broadcasting Grp COM 65336K103 2 61 SH   SOLE   61 0 0
Northrop Grumman Corp COM 666807102 1,689 20,400 SH   SOLE   12,200 0 8,200
Nu Skin Enterprises Inc. COM 67018T105 630 10,300 SH   SOLE   2,300 0 8,000
Oshkosh Corporation COM 688239201 2,233 58,800 SH   SOLE   11,300 0 47,500
Park National Corp OH COM 700658107 1 10 SH   SOLE   10 0 0
Park-Ohio Holdings Co COM 700666100 1 27 SH   SOLE   27 0 0
PartnerRe Ltd. COM G6852T105 2,690 29,700 SH   SOLE   7,000 0 22,700
PetSmart Inc. COM 716768106 1,762 26,300 SH   SOLE   1,600 0 24,700
Phillips 66 COM 718546104 813 13,800 SH   SOLE   8,700 0 5,100
Pitney Bowes Inc. COM 724479100 1,459 99,400 SH   SOLE   20,500 0 78,900
Popular Inc. COM 733174700 1,400 46,100 SH   SOLE   19,100 0 27,000
Preformed Line Products COM 740444104 1 9 SH   SOLE   9 0 0
Principal Financial Group COM 74251V102 3,269 87,300 SH   SOLE   23,100 0 64,200
Protective Life Corp. COM 743674103 1,114 29,000 SH   SOLE   5,800 0 23,200
Public Service Enterprise Grp COM 744573106 124 3,800 SH   SOLE   3,800 0 0
Raytheon Company COM 755111507 688 10,400 SH   SOLE   6,500 0 3,900
Reinsurance Group of America COM 759351604 5,280 76,400 SH   SOLE   21,400 0 55,000
Renaissance Re Hldgs COM G7496G103 2,890 33,300 SH   SOLE   6,800 0 26,500
Renewable Energy Grp Inc COM 75972A301 2 147 SH   SOLE   147 0 0
Republic Bancorp KY COM 760281204 0 17 SH   SOLE   17 0 0
Reynolds American Inc COM 761713106 1,930 39,900 SH   SOLE   24,300 0 15,600
S&T Bancorp Inc. COM 783859101 1 41 SH   SOLE   41 0 0
S.Y. Bancorp, Inc COM 785060104 0 13 SH   SOLE   13 0 0
SLM Corporation COM 78442P106 2,805 122,700 SH   SOLE   32,900 0 89,800
Safeway Inc. COM 786514208 1,268 53,600 SH   SOLE   14,600 0 39,000
Salem Communications Cl A COM 794093104 1 82 SH   SOLE   82 0 0
Sanmina Corp COM 800907206 3 175 SH   SOLE   175 0 0
ScanSource, Inc. COM 806037107 2 57 SH   SOLE   57 0 0
Scana Corporation COM 80589M102 1,223 24,900 SH   SOLE   6,900 0 18,000
Scripps Networks Interact. COM 811065101 1,122 16,800 SH   SOLE   5,300 0 11,500
Select Medical Holdings Corp COM 81619Q105 2 275 SH   SOLE   275 0 0
Sempra Energy COM 816851109 965 11,800 SH   SOLE   2,900 0 8,900
Six Flags Entertainment Corp. COM 83001A102 2,138 60,800 SH   SOLE   16,800 0 44,000
Snap-On Inc. COM 833034101 1,180 13,200 SH   SOLE   2,500 0 10,700
Sonic Automotive, Inc. COM 83545G102 1 51 SH   SOLE   51 0 0
Southern Copper Corp. COM 84265V105 373 13,500 SH   SOLE   7,800 0 5,700
Spansion Inc. cl A COM 84649R200 2 140 SH   SOLE   140 0 0
Standex Intl Corp. COM 854231107 1 18 SH   SOLE   18 0 0
Starz Series A Liberty Capital COM 85571Q102 1,158 52,400 SH   SOLE   14,900 0 37,500
Steelcase Inc cl A COM 858155203 688 47,200 SH   SOLE   10,500 0 36,700
Stepan Company COM 858586100 2 35 SH   SOLE   35 0 0
Sterling Financial Corp. WA COM 859319105 2 93 SH   SOLE   93 0 0
Stoneridge, Inc. COM 86183P102 1 44 SH   SOLE   44 0 0
Superior Industries Int'l COM 868168105 1 58 SH   SOLE   58 0 0
Symetra Financial Corp COM 87151Q106 3 174 SH   SOLE   174 0 0
Synnex Corp COM 87162W100 3 62 SH   SOLE   62 0 0
TD Ameritrade Hldg Corp COM 87236Y108 68 2,800 SH   SOLE   2,800 0 0
TMS International Corp. Cl A COM 87261Q103 0 31 SH   SOLE   31 0 0
TRW Automotive Hldgs Corp. COM 87264S106 6,378 96,000 SH   SOLE   35,400 0 60,600
Taylor Capital Group Inc COM 876851106 2 96 SH   SOLE   96 0 0
Tech Data Corporation COM 878237106 1,846 39,200 SH   SOLE   10,700 0 28,500
TeleTech Holdings Inc COM 879939106 2 66 SH   SOLE   66 0 0
Tenet Healthcare Corp COM 88033G407 609 13,200 SH   SOLE   800 0 12,400
Tesoro Corp COM 881609101 241 4,600 SH   SOLE   300 0 4,300
Timken Company COM 887389104 3,140 55,800 SH   SOLE   13,600 0 42,200
Towers Watson & Co Cl A COM 891894107 3,237 39,500 SH   SOLE   8,300 0 31,200
Tyson Foods Inc COM 902494103 4,486 174,700 SH   SOLE   36,800 0 137,900
US Airways Group, Inc. COM 90341W108 1,923 117,100 SH   SOLE   31,400 0 85,700
USA Mobility, Inc COM 90341G103 1 61 SH   SOLE   61 0 0
USANA Health Sciences, Inc. COM 90328M107 2 34 SH   SOLE   34 0 0
United Stationers, Inc. COM 913004107 2 49 SH   SOLE   49 0 0
Universal American Corp. COM 91338E101 1 137 SH   SOLE   137 0 0
Universal Corporation COM 913456109 2 39 SH   SOLE   39 0 0
Universal Health Services COM 913903100 609 9,100 SH   SOLE   2,500 0 6,600
VOXX International Corp cl A COM 91829F104 1 75 SH   SOLE   75 0 0
Vishay Intertechnology Inc. COM 928298108 107 7,700 SH   SOLE   7,700 0 0
Vonage Holdings Corp. COM 92886T201 2 863 SH   SOLE   863 0 0
Wal-Mart Stores, Inc. COM 931142103 2,019 27,100 SH   SOLE   16,500 0 10,600
Washington Post cl B COM 939640108 145 300 SH   SOLE   300 0 0
Weis Markets Inc. COM 948849104 1 13 SH   SOLE   13 0 0
WellPoint, Inc. COM 94973V107 1,850 22,600 SH   SOLE   13,200 0 9,400
WesBanco Inc. COM 950810101 1 38 SH   SOLE   38 0 0
Wesco Aircraft Hldgs COM 950814103 2 124 SH   SOLE   124 0 0
World Wrestling Entertainment COM 98156Q108 1 84 SH   SOLE   84 0 0
Xcel Energy Inc COM 98389B100 1,111 39,200 SH   SOLE   17,800 0 21,400
Xerox Corporation COM 984121103 1,724 190,100 SH   SOLE   139,700 0 50,400