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
AAR Corp. COM 000361105 2,161 79,065 SH   SOLE   79,065 0 0
Accenture PLC SHS CL A G1151C101 4,253 57,758 SH   SOLE   57,758 0 0
Activision Blizzard Inc. COM 00507V109 586 35,110 SH   SOLE   35,110 0 0
Advance Auto Parts Inc. COM 00751Y106 6,528 78,960 SH   SOLE   78,960 0 0
Advanced Semiconductor Enginee SPONSORED ADR 00756M404 1,238 258,903 SH   SOLE   258,903 0 0
AES Corp. COM 00130H105 873 65,690 SH   SOLE   65,690 0 0
Aetna Inc. COM 00817Y108 6,878 107,428 SH   SOLE   107,428 0 0
Agrium Inc. COM 008916108 718 8,543 SH   SOLE   8,543 0 0
Alaska Air Group Inc. COM 011659109 7,407 118,281 SH   SOLE   118,281 0 0
Allergan Inc. COM 018490102 1,398 15,458 SH   SOLE   15,458 0 0
Alliance Data Systems Corp. COM 018581108 3,273 15,477 SH   SOLE   15,477 0 0
Alliant Techsystems inc COM 018804104 4,632 47,482 SH   SOLE   47,482 0 0
Allstate Corp. COM 020002101 1,929 38,168 SH   SOLE   38,168 0 0
Amdocs Ltd. ORD G02602103 3,084 84,159 SH   SOLE   84,159 0 0
Amerco COM 023586100 1,482 8,050 SH   SOLE   8,050 0 0
Ameren Corp. COM 023608102 840 24,107 SH   SOLE   24,107 0 0
America Movil S.A.B. de C.V. A SPON ADR L SHS 02364W105 283 14,273 SH   SOLE   14,273 0 0
American Express Co. COM 025816109 5,277 69,869 SH   SOLE   69,869 0 0
American Financial Group Inc. COM 025932104 6,768 125,194 SH   SOLE   125,194 0 0
American International Group COM NEW 026874784 12,745 262,072 SH   SOLE   262,072 0 0
AmerisourceBergen Corp. COM 03073E105 10,058 164,615 SH   SOLE   164,615 0 0
Anheuser-Busch InBev N.V. SPONSORED ADR 03524A108 1,820 18,345 SH   SOLE   18,345 0 0
AON PLC SHS CL A G0408V102 1,162 15,612 SH   SOLE   15,612 0 0
Apartment Investment & Mgmt COM CL A 03748R101 1,404 50,242 SH   SOLE   50,242 0 0
Apollo Group Inc. CL A 037604105 9,994 480,266 SH   SOLE   480,266 0 0
Apple Inc. COM 037833100 3,413 7,158 SH   SOLE   7,158 0 0
Arrow Electronics Inc. COM 042735100 1,854 38,213 SH   SOLE   38,213 0 0
Asbury Automotive Group Inc. COM 043436104 8,519 160,123 SH   SOLE   160,123 0 0
Ashford Hospitality Trust COM SHS 044103109 573 46,445 SH   SOLE   46,445 0 0
Associated Estates Realty Corp COM 045604105 314 21,058 SH   SOLE   21,058 0 0
Assurant Inc. COM 04621X108 8,032 148,461 SH   SOLE   148,461 0 0
AutoZone Inc. COM 053332102 5,000 11,829 SH   SOLE   11,829 0 0
Avnet Inc. COM 053807103 1,875 44,956 SH   SOLE   44,956 0 0
Banco Bilbao Vizcaya Argentari SPONSORED ADR 05946K101 987 88,291 SH   SOLE   88,291 0 0
Bank of America Corp. COM 060505104 1,222 88,544 SH   SOLE   88,544 0 0
BB&T Corp. COM 054937107 1,252 37,110 SH   SOLE   37,110 0 0
Bed Bath & Beyond Inc. COM 075896100 1,078 13,933 SH   SOLE   13,933 0 0
Benchmark Electronics Inc. COM 08160H101 2,805 122,528 SH   SOLE   122,528 0 0
Berkshire Hathaway Inc. CL B NEW 084670702 2,214 19,504 SH   SOLE   19,504 0 0
BHP Billiton Ltd. SPONSORED ADR 088606108 732 11,003 SH   SOLE   11,003 0 0
BlackRock Inc. COM 09247X101 2,114 7,810 SH   SOLE   7,810 0 0
Boeing Co. COM 097023105 4,604 39,181 SH   SOLE   39,181 0 0
Brandywine Realty Trust SH BEN INT NEW 105368203 910 69,024 SH   SOLE   69,024 0 0
Bridgepoint Education, Inc. COM 10807M105 1,670 92,547 SH   SOLE   92,547 0 0
Bright Horizons Family Sol COM 109194100 2,661 74,280 SH   SOLE   74,280 0 0
Broadcom Corp. CL A 111320107 886 34,036 SH   SOLE   34,036 0 0
Bunge Ltd. COM G16962105 1,164 15,340 SH   SOLE   15,340 0 0
Canadian National Railway Co. COM 136375102 2,457 24,236 SH   SOLE   24,236 0 0
Canadian Pacific Railway Ltd. COM 13645T100 7,811 63,353 SH   SOLE   63,353 0 0
Canon Inc. ADR 138006309 743 23,223 SH   SOLE   23,223 0 0
Capella Education Co. COM 139594105 3,321 58,717 SH   SOLE   58,717 0 0
Capital One Financial Corp. COM 14040H105 13,704 199,364 SH   SOLE   199,364 0 0
Cardinal Health Inc. COM 14149Y108 9,783 187,592 SH   SOLE   187,592 0 0
CarMax Inc. COM 143130102 6,677 137,751 SH   SOLE   137,751 0 0
CBL & Associates Properties COM 124830100 1,207 63,186 SH   SOLE   63,186 0 0
CBOE Holdings Inc. COM 12503M108 5,911 130,696 SH   SOLE   130,696 0 0
CBS Corp. CL B 124857202 1,733 31,419 SH   SOLE   31,419 0 0
Celgene Corp. COM 151020104 222 1,443 SH   SOLE   1,443 0 0
CenturyLink Inc. COM 156700106 596 18,983 SH   SOLE   18,983 0 0
CF Industries Holdings Inc. COM 125269100 599 2,842 SH   SOLE   2,842 0 0
Chesapeake Lodging Trust SH BEN INT 165240102 406 17,251 SH   SOLE   17,251 0 0
Chevron Corp. COM 166764100 261 2,147 SH   SOLE   2,147 0 0
China Mobile Ltd. SPONSORED ADR 16941M109 3,986 70,625 SH   SOLE   70,625 0 0
China Petroleum & Chemical SPONSORED ADR 16941R108 374 4,783 SH   SOLE   4,783 0 0
Cigna Corporation COM 125509109 4,046 52,638 SH   SOLE   52,638 0 0
Cirrus Logic Inc. COM 172755100 1,181 52,103 SH   SOLE   52,103 0 0
Cisco Systems Inc. COM 17275R102 785 33,493 SH   SOLE   33,493 0 0
Citigroup Inc. COM NEW 172967424 1,149 23,677 SH   SOLE   23,677 0 0
Clearwater Paper Corp. COM 18538R103 1,042 21,823 SH   SOLE   21,823 0 0
CNOOC Ltd. SPONSORED ADR 126132109 231 1,146 SH   SOLE   1,146 0 0
Cognizant Technology Solutions CL A 192446102 3,511 42,759 SH   SOLE   42,759 0 0
Comcast Corp. CL A 20030N101 1,867 41,385 SH   SOLE   41,385 0 0
Companhia Brasileira de Distri SPON ADR PFD CL A 20440T201 214 4,646 SH   SOLE   4,646 0 0
Companhia de Saneamento Basico SPONSORED ADR 20441A102 292 29,290 SH   SOLE   29,290 0 0
Computer Sciences Corp. COM 205363104 4,376 84,577 SH   SOLE   84,577 0 0
ConAgra Foods Inc. COM 205887102 842 27,748 SH   SOLE   27,748 0 0
Convergys Corp. COM 212485106 2,116 112,864 SH   SOLE   112,864 0 0
Copa Holdings S.A. CL A P31076105 6,201 44,715 SH   SOLE   44,715 0 0
CoreSite Realty Corp. COM 21870Q105 414 12,186 SH   SOLE   12,186 0 0
Corporate Office Properties Tr SH BEN INT 22002T108 926 40,096 SH   SOLE   40,096 0 0
Corrections Corp Of Amer COM NEW 22025Y407 552 15,989 SH   SOLE   15,989 0 0
Cosan Ltd. SHS A G25343107 911 59,274 SH   SOLE   59,274 0 0
Costco Wholesale Corp. COM 22160K105 895 7,767 SH   SOLE   7,767 0 0
Credicorp Ltd. COM G2519Y108 685 5,330 SH   SOLE   5,330 0 0
Crown Castle Intl Corp COM 228227104 932 12,764 SH   SOLE   12,764 0 0
CSX Corp. COM 126408103 8,421 327,175 SH   SOLE   327,175 0 0
CubeSmart COM 229663109 833 46,699 SH   SOLE   46,699 0 0
Cubist Pharmaceuticals Inc. COM 229678107 1,175 18,482 SH   SOLE   18,482 0 0
CurrencyShares JAPANESE YEN 23130A102 28,413 285,640 SH   SOLE   285,640 0 0
CVS Caremark Corp. COM 126650100 17,012 299,773 SH   SOLE   299,773 0 0
Dana Holding Corp. COM 235825205 1,743 76,333 SH   SOLE   76,333 0 0
DaVita HealthCare Partners Inc COM 23918K108 1,743 30,638 SH   SOLE   30,638 0 0
Delta Air Lines Inc. COM NEW 247361702 10,482 444,355 SH   SOLE   444,355 0 0
DeVry Inc. COM 251893103 8,868 290,190 SH   SOLE   290,190 0 0
DIRECTV COM 25490A309 1,327 22,193 SH   SOLE   22,193 0 0
Discover Financial Services COM 254709108 14,499 286,882 SH   SOLE   286,882 0 0
Domtar Corp. COM NEW 257559203 2,870 36,131 SH   SOLE   36,131 0 0
Dr. Reddy's Laboratories Ltd. ADR 256135203 292 7,733 SH   SOLE   7,733 0 0
DST Systems Inc. COM 233326107 3,496 46,354 SH   SOLE   46,354 0 0
Dupont Fabros Technology Inc. COM 26613Q106 719 27,915 SH   SOLE   27,915 0 0
Eaton Corporation PLC COM G29183103 1,073 15,591 SH   SOLE   15,591 0 0
eBay Inc. COM 278642103 973 17,444 SH   SOLE   17,444 0 0
Eli Lilly & Co. COM 532457108 1,362 27,058 SH   SOLE   27,058 0 0
Embraer SA SP ADR REP 4 COM 29082A107 216 6,665 SH   SOLE   6,665 0 0
EMC Corp. COM 268648102 6,777 265,133 SH   SOLE   265,133 0 0
Endurance Specialty Holdings SHS G30397106 1,504 27,999 SH   SOLE   27,999 0 0
Ensco PLC SHS CLASS A G3157S106 718 13,363 SH   SOLE   13,363 0 0
Everest Re Group Ltd. COM G3223R108 3,941 27,106 SH   SOLE   27,106 0 0
Exelis Inc. COM 30162A108 3,178 202,291 SH   SOLE   202,291 0 0
Exxon Mobil Corp. COM 30231G102 1,438 16,710 SH   SOLE   16,710 0 0
Ezcorp Inc. CL A NON VOTING 302301106 1,404 83,219 SH   SOLE   83,219 0 0
FedEx Corp. COM 31428X106 1,378 12,079 SH   SOLE   12,079 0 0
Fibria Celulose S.A. SP ADR REP COM 31573A109 243 21,133 SH   SOLE   21,133 0 0
Fifth Third Bancorp COM 316773100 2,575 142,681 SH   SOLE   142,681 0 0
First Solar Inc. COM 336433107 1,087 27,027 SH   SOLE   27,027 0 0
Fiserv Inc. COM 337738108 4,040 39,985 SH   SOLE   39,985 0 0
FleetCor Technologies Inc. COM 339041105 3,274 29,717 SH   SOLE   29,717 0 0
Flextronics International Ltd. ORD Y2573F102 4,377 481,537 SH   SOLE   481,537 0 0
Foot Locker Inc. COM 344849104 1,108 32,633 SH   SOLE   32,633 0 0
Ford Motor Company COM PAR $0.01 345370860 2,400 142,237 SH   SOLE   142,237 0 0
Gartner Inc. COM 366651107 2,532 42,194 SH   SOLE   42,194 0 0
General Electric Co. COM 369604103 863 36,132 SH   SOLE   36,132 0 0
General Motors Co. COM 37045V100 2,447 68,033 SH   SOLE   68,033 0 0
Genworth Financial Inc. CL A 37247D106 9,501 742,288 SH   SOLE   742,288 0 0
Geo Group Inc. COM 36159R103 726 21,822 SH   SOLE   21,822 0 0
GlaxoSmithKline PLC SPONSORED ADR 37733W105 477 9,510 SH   SOLE   9,510 0 0
Global Payments Inc. COM 37940X102 2,259 44,220 SH   SOLE   44,220 0 0
Goldman Sachs Group Inc. COM 38141G104 814 5,144 SH   SOLE   5,144 0 0
Google Inc. CL A 38259P508 214 244 SH   SOLE   244 0 0
Graphic Packaging Holding Co. COM 388689101 1,289 150,597 SH   SOLE   150,597 0 0
Hartford Financial Services Gr COM 416515104 9,302 298,901 SH   SOLE   298,901 0 0
HCA Holdings Inc. COM 40412C101 5,885 137,662 SH   SOLE   137,662 0 0
HealthSouth Corp. COM NEW 421924309 4,723 136,971 SH   SOLE   136,971 0 0
Helen of Troy Corp. COM G4388N106 1,402 31,687 SH   SOLE   31,687 0 0
Henry Schein Inc. COM 806407102 6,109 58,870 SH   SOLE   58,870 0 0
Hess Corp. COM 42809H107 2,041 26,386 SH   SOLE   26,386 0 0
Home Depot Inc. COM 437076102 2,112 27,843 SH   SOLE   27,843 0 0
Host Hotels & Resorts Inc COM 44107P104 1,143 64,706 SH   SOLE   64,706 0 0
Humana Inc. COM 444859102 6,176 66,170 SH   SOLE   66,170 0 0
Huntington Bancshares Inc. COM 446150104 2,752 333,127 SH   SOLE   333,127 0 0
Huntsman Corp. COM 447011107 725 35,170 SH   SOLE   35,170 0 0
Intel Corp. COM 458140100 2,454 107,047 SH   SOLE   107,047 0 0
Interactive Brokers Group Inc. COM 45841N107 4,421 235,516 SH   SOLE   235,516 0 0
International Business Machine COM 459200101 7,262 39,218 SH   SOLE   39,218 0 0
Interpublic Group Of Cos. COM 460690100 17,107 995,727 SH   SOLE   995,727 0 0
iShares Latin America 40 ETF S&P LTN AM 40 464287390 1,506 39,358 SH   SOLE   39,358 0 0
iShares 3-7 Year Treasury Bond BARCLYS 3-7 YR 464288661 7,506 61,862 SH   SOLE   61,862 0 0
iShares Barclays CMBS Bond BARCLAYS CMBS 46429B366 1,738 33,699 SH   SOLE   33,699 0 0
iShares Core MSCI Emerging Mar CORE MSCI EMKT 46434G103 434 8,928 SH   SOLE   8,928 0 0
iShares Floating Rate Bond ETF FLTG RATE BD ETF 46429B655 5,127 101,172 SH   SOLE   101,172 0 0
iShares iBoxx $ Investment Gra IBOXX INV CPBD 464287242 5,805 51,137 SH   SOLE   51,137 0 0
iShares Intermediate Credit Bo BARCLYS INTER CR 464288638 5,892 54,594 SH   SOLE   54,594 0 0
iShares International Treasury INTL TREA BD ETF 464288117 4,776 47,402 SH   SOLE   47,402 0 0
iShares JPMorgan USD Emerging JPMORGAN USD 464288281 6,609 60,615 SH   SOLE   60,615 0 0
iShares MBS ETF BARCLYS MBS BD 464288588 47,666 450,019 SH   SOLE   450,019 0 0
iShares MSCI All Country Asia MSCI ACJPN IDX 464288182 6,996 120,039 SH   SOLE   120,039 0 0
iShares MSCI South Africa ETF MSCI STH AFRICA 464286780 882 13,945 SH   SOLE   13,945 0 0
iShares TIPS Bond ETF BARCLYS TIPS BD 464287176 1,378 12,238 SH   SOLE   12,238 0 0
ITT Educational Services Inc. COM 45068B109 2,764 89,172 SH   SOLE   89,172 0 0
Jabil Circuit Inc. COM 466313103 6,732 310,511 SH   SOLE   310,511 0 0
Jack Henry & Associates Inc. COM 426281101 3,137 60,733 SH   SOLE   60,733 0 0
JetBlue Airways Corp. COM 477143101 2,515 377,400 SH   SOLE   377,400 0 0
JPMorgan Chase & Co. COM 46625H100 2,680 51,853 SH   SOLE   51,853 0 0
KapStone Paper & Packaging COM 48562P103 1,850 43,232 SH   SOLE   43,232 0 0
KeyCorp COM 493267108 1,470 128,955 SH   SOLE   128,955 0 0
L-3 Communications Holdings COM 502424104 6,227 65,893 SH   SOLE   65,893 0 0
LaSalle Hotel Properties COM SH BEN INT 517942108 1,484 52,029 SH   SOLE   52,029 0 0
Lear Corp. COM NEW 521865204 2,129 29,743 SH   SOLE   29,743 0 0
Leucadia National Corp. COM 527288104 2,003 73,518 SH   SOLE   73,518 0 0
Lexington Realty Trust COM 529043101 738 65,722 SH   SOLE   65,722 0 0
Lexmark International Inc. CL A 529771107 5,801 175,784 SH   SOLE   175,784 0 0
Liberty Media Corp. CL A 531229102 1,394 9,475 SH   SOLE   9,475 0 0
Lithia Motors Inc. CL A 536797103 10,111 138,586 SH   SOLE   138,586 0 0
Lockheed Martin Corp. COM 539830109 5,471 42,892 SH   SOLE   42,892 0 0
Louisiana-Pacific Corp. COM 546347105 1,584 90,042 SH   SOLE   90,042 0 0
LyondellBasell Industries N.V. SHS - A - N53745100 1,548 21,136 SH   SOLE   21,136 0 0
M&T Bank Corp. COM 55261F104 1,573 14,052 SH   SOLE   14,052 0 0
Magellan Health Services Inc. COM NEW 559079207 3,725 62,130 SH   SOLE   62,130 0 0
Magna International Inc. COM 559222401 4,790 58,015 SH   SOLE   58,015 0 0
MagnaChip Semiconductor Corp. COM 55933J203 997 46,313 SH   SOLE   46,313 0 0
Market Vectors Russia ETF Tr RUSSIA ETF 57060U506 653 23,152 SH   SOLE   23,152 0 0
MasterCard Inc. CL A 57636Q104 10,676 15,868 SH   SOLE   15,868 0 0
McKesson Corp. COM 58155Q103 11,161 86,993 SH   SOLE   86,993 0 0
Merck & Co. Inc. COM 58933Y105 1,761 36,991 SH   SOLE   36,991 0 0
Microsoft Corp. COM 594918104 1,589 47,733 SH   SOLE   47,733 0 0
Mobile TeleSystems SPONSORED ADR 607409109 359 16,118 SH   SOLE   16,118 0 0
Molina Healthcare Inc. COM 60855R100 2,700 75,829 SH   SOLE   75,829 0 0
Monsanto Co. COM 61166W101 807 7,735 SH   SOLE   7,735 0 0
Moody's Corp. COM 615369105 11,197 159,208 SH   SOLE   159,208 0 0
Moog Inc. CL A 615394202 1,742 29,699 SH   SOLE   29,699 0 0
Myriad Genetics Inc. COM 62855J104 420 17,865 SH   SOLE   17,865 0 0
National Oilwell Varco Inc. COM 637071101 1,293 16,550 SH   SOLE   16,550 0 0
New Oriental Education & Tech SPON ADR 647581107 6,969 279,881 SH   SOLE   279,881 0 0
Norfolk Southern Corp. COM 655844108 9,526 123,159 SH   SOLE   123,159 0 0
Northrop Grumman Corp. COM 666807102 5,405 56,735 SH   SOLE   56,735 0 0
Novo Nordisk A/S ADR 670100205 1,906 11,265 SH   SOLE   11,265 0 0
NTT DOCOMO Inc. SPONS ADR 62942M201 2,664 164,266 SH   SOLE   164,266 0 0
NVIDIA Corp. COM 67066G104 2,037 130,890 SH   SOLE   130,890 0 0
O'Reilly Automotive Inc. COM 67103H107 10,337 81,020 SH   SOLE   81,020 0 0
Omega Healthcare Investors Inc COM 681936100 1,713 57,356 SH   SOLE   57,356 0 0
Omnicom Group Inc. COM 681919106 3,338 52,614 SH   SOLE   52,614 0 0
Oracle Corp. COM 68389X105 1,477 44,538 SH   SOLE   44,538 0 0
Oshkosh Corp. COM 688239201 844 17,223 SH   SOLE   17,223 0 0
Parkway Properties Inc. COM 70159Q104 388 21,827 SH   SOLE   21,827 0 0
PartnerRe Ltd. COM G6852T105 2,472 27,002 SH   SOLE   27,002 0 0
Pennsylvania Real Estate Inv SH BEN INT 709102107 356 19,025 SH   SOLE   19,025 0 0
Penske Automotive Grp Inc COM 70959W103 5,192 121,497 SH   SOLE   121,497 0 0
Pfizer Inc. COM 717081103 1,916 66,718 SH   SOLE   66,718 0 0
Pharmerica Corp COM 71714f104 1,680 126,617 SH   SOLE   126,617 0 0
Philip Morris International COM 718172109 1,190 13,743 SH   SOLE   13,743 0 0
PIMCO 0-5 Year High Yield 0-5 HIGH YIELD 72201R783 2,270 21,643 SH   SOLE   21,643 0 0
Platinum Underwriters Holdings COM G7127P100 1,303 21,820 SH   SOLE   21,820 0 0
PNC Financial Services Group COM 693475105 3,434 47,393 SH   SOLE   47,393 0 0
Popular Inc. COM NEW 733174700 1,043 39,735 SH   SOLE   39,735 0 0
Portfolio Recovery Associates COM 73640Q105 3,542 59,109 SH   SOLE   59,109 0 0
PowerShares Build America Bond BUILD AMER ETF 73937B407 8,986 329,286 SH   SOLE   329,286 0 0
PowerShares International Corp INTL CORP BOND 73936Q835 2,042 69,868 SH   SOLE   69,868 0 0
PowerShares Senior Loan Portfo SENIOR LN PORT 73936Q769 6,773 274,450 SH   SOLE   274,450 0 0
ProShares Short Russell2000 PSHS SHTRUSS2000 74347R826 6,442 348,788 SH   SOLE   348,788 0 0
ProShares Trust Short Dow30 Pr PSHS SHORT DOW30 74347R701 7,050 244,039 SH   SOLE   244,039 0 0
Prudential Financial Inc. COM 744320102 808 10,359 SH   SOLE   10,359 0 0
QUALCOMM Inc. COM 747525103 2,031 30,165 SH   SOLE   30,165 0 0
Ramco-Gershenson Properties Tr COM SH BEN INT 751452202 548 35,532 SH   SOLE   35,532 0 0
Raytheon Co. COM NEW 755111507 5,127 66,528 SH   SOLE   66,528 0 0
Regions Financial Corp. (New) COM 7591EP100 2,351 253,888 SH   SOLE   253,888 0 0
Resolute Forest Products Inc COM 76117W109 593 44,885 SH   SOLE   44,885 0 0
RLJ Lodging Trust COM 74965L101 620 26,392 SH   SOLE   26,392 0 0
Royal Dutch Shell PLC SPON ADR A 780259206 1,323 20,149 SH   SOLE   20,149 0 0
Ryanair Holdings PLC SPONSORED ADR 783513104 6,926 139,243 SH   SOLE   139,243 0 0
Ryder System Inc. COM 783549108 1,086 18,195 SH   SOLE   18,195 0 0
Sabra Healthcare REIT Inc. COM 78573L106 350 15,222 SH   SOLE   15,222 0 0
Safeway Inc. COM NEW 786514208 3,859 120,628 SH   SOLE   120,628 0 0
SanDisk Corp. COM 80004C101 6,034 101,395 SH   SOLE   101,395 0 0
Sanmina Corp. COM 801056102 4,448 254,344 SH   SOLE   254,344 0 0
Sapient Corp. COM 803062108 3,316 212,574 SH   SOLE   212,574 0 0
Sasol Ltd. SPONSORED ADR 803866300 773 16,185 SH   SOLE   16,185 0 0
Schweitzer-Mauduit Internation COM 808541106 3,802 62,805 SH   SOLE   62,805 0 0
Seagate Technology Inc. SHS G7945M107 5,230 119,506 SH   SOLE   119,506 0 0
Shire PLC SPONSORED ADR 82481R106 1,456 12,142 SH   SOLE   12,142 0 0
Siemens AG SPONSORED ADR 826197501 1,705 14,149 SH   SOLE   14,149 0 0
Skyworks Solutions Inc COM 83088M102 1,113 44,804 SH   SOLE   44,804 0 0
SLM Corp. COM 78442P106 9,167 368,142 SH   SOLE   368,142 0 0
Sohu.com Inc. COM 83408W103 846 10,727 SH   SOLE   10,727 0 0
Southwest Airlines Co. COM 844741108 7,705 529,165 SH   SOLE   529,165 0 0
SPDR Barclays International Co BARCLY INTL CRP 78464A151 2,089 57,864 SH   SOLE   57,864 0 0
SPDR Barclays International Tr BRCLYS INTL ETF 78464A516 31,299 536,216 SH   SOLE   536,216 0 0
SPDR Barclays Short Term High SHT TRM HGH YLD 78468R408 841 27,533 SH   SOLE   27,533 0 0
SPDR Barclays Short Term Inter SHT INTL ETF 78464A334 6,128 169,994 SH   SOLE   169,994 0 0
SPDR Gold Trust GOLD SHS 78463V107 5,843 45,587 SH   SOLE   45,587 0 0
SPDR S&P 500 ETF TR UNIT 78462F103 246 1,463 SH   SOLE   1,463 0 0
SPDR S&P Emerging Europe ETF EUROPE ETF 78463X608 437 10,864 SH   SOLE   10,864 0 0
SPDR S&P MidCap 400 ETF Trust UTSER1 S&PDCRP 78467Y107 229 1,012 SH   SOLE   1,012 0 0
Spirit Realty Capital Inc. COM 84860W102 343 37,418 SH   SOLE   37,418 0 0
STAG Industrial Inc. COM 85254J102 368 18,277 SH   SOLE   18,277 0 0
Statoil ASA SPONSORED ADR 85771P102 944 41,601 SH   SOLE   41,601 0 0
Strayer Education Inc. COM 863236105 2,697 64,959 SH   SOLE   64,959 0 0
Sun Life Financial, Inc. COM 866796105 966 30,205 SH   SOLE   30,205 0 0
SunTrust Banks Inc. COM 867914103 2,068 63,795 SH   SOLE   63,795 0 0
Symantec Corp. COM 871503108 1,714 69,255 SH   SOLE   69,255 0 0
Synaptics Inc. COM 87157D109 5,392 121,850 SH   SOLE   121,850 0 0
SYNNEX Corp. COM 87162W100 1,785 29,048 SH   SOLE   29,048 0 0
Synovus Financial Corp. COM 87161C105 1,389 420,814 SH   SOLE   420,814 0 0
T-Mobile US Inc COM 872590104 1,265 48,693 SH   SOLE   48,693 0 0
Tata Motors Ltd. SPONSORED ADR 876568502 1,536 57,726 SH   SOLE   57,726 0 0
TE Connectivity Ltd. REG SHS H84989104 6,594 127,354 SH   SOLE   127,354 0 0
Tech Data Corp. COM 878237106 1,363 27,308 SH   SOLE   27,308 0 0
Teva Pharmaceutical Industries ADR 881624209 1,077 28,503 SH   SOLE   28,503 0 0
Thermo Fisher Scientific Inc COM 883556102 734 7,964 SH   SOLE   7,964 0 0
Thor Industries Inc. COM 885160101 926 15,947 SH   SOLE   15,947 0 0
TIM Participacoes S/A SPONSORED ADR 88706P205 233 9,897 SH   SOLE   9,897 0 0
TJX Cos. COM 872540109 1,591 28,217 SH   SOLE   28,217 0 0
Total S.A. SPONSORED ADR 89151E109 2,708 46,754 SH   SOLE   46,754 0 0
Total System Services Inc. COM 891906109 2,332 79,268 SH   SOLE   79,268 0 0
Toyota Motor Corp. SP ADR REP2COM 892331307 1,380 10,779 SH   SOLE   10,779 0 0
Triumph Group Inc. COM 896818101 2,888 41,131 SH   SOLE   41,131 0 0
TRW Automotive Holdings Corp. COM 87264S106 3,421 47,968 SH   SOLE   47,968 0 0
Turkcell Iletisim Hizmetleri A SPON ADR NEW 900111204 899 60,976 SH   SOLE   60,976 0 0
Union Pacific Corp. COM 907818108 11,906 76,644 SH   SOLE   76,644 0 0
United Therapeutics Corp. COM 91307C102 1,058 13,420 SH   SOLE   13,420 0 0
UnitedHealth Group Inc. COM 91324P102 9,502 132,689 SH   SOLE   132,689 0 0
Universal Health Services Inc. CL B 913903100 6,808 90,783 SH   SOLE   90,783 0 0
Unum Group COM 91529Y106 1,901 62,459 SH   SOLE   62,459 0 0
US Airways Group Inc. COM 90341W108 9,209 485,712 SH   SOLE   485,712 0 0
Validus Holdings Ltd. SHS G9319H102 2,268 61,317 SH   SOLE   61,317 0 0
Valmont Industries Inc. COM 920253101 665 4,786 SH   SOLE   4,786 0 0
Valspar Corp. COM 920355104 818 12,899 SH   SOLE   12,899 0 0
Vanguard FTSE Emerging Markets FTSE EMR MKT ETF 922042858 1,092 27,212 SH   SOLE   27,212 0 0
Vanguard FTSE Europe ETF FTSE EUROPE ETF 922042874 807 14,803 SH   SOLE   14,803 0 0
Vanguard Mega Cap ETF MEGA CAP INDEX 921910873 212 3,697 SH   SOLE   3,697 0 0
Vanguard Mortgage-Backed Secur MORTG-BACK SEC 92206C771 4,099 79,679 SH   SOLE   79,679 0 0
Visa Inc. COM CL A 92826C839 10,669 55,827 SH   SOLE   55,827 0 0
Vodafone Group PLC SPON ADR NEW 92857W209 1,018 28,935 SH   SOLE   28,935 0 0
Wal-Mart Stores Inc. COM 931142103 4,490 60,707 SH   SOLE   60,707 0 0
Walgreen Co. COM 931422109 18,228 338,804 SH   SOLE   338,804 0 0
Walt Disney Co. COM DISNEY 254687106 1,409 21,844 SH   SOLE   21,844 0 0
Webster Financial Corp. COM 947890109 1,790 70,112 SH   SOLE   70,112 0 0
Wellcare Health Plans Inc. COM 94946T106 3,482 49,932 SH   SOLE   49,932 0 0
WellPoint Inc. COM 94973V107 7,488 89,556 SH   SOLE   89,556 0 0
Werner Enterprises Inc. COM 950755108 1,244 53,302 SH   SOLE   53,302 0 0
Western Digital Corp. COM 958102105 8,280 130,606 SH   SOLE   130,606 0 0
Western Union Co. COM 959802109 2,530 135,568 SH   SOLE   135,568 0 0
Winthrop Realty Trust SH BEN INT NEW 976391300 170 15,230 SH   SOLE   15,230 0 0
WPP PLC ADR 92937A102 4,224 41,030 SH   SOLE   41,030 0 0
Xerox Corp. COM 984121103 2,080 202,149 SH   SOLE   202,149 0 0
Yahoo! Inc. COM 984332106 1,108 33,405 SH   SOLE   33,405 0 0
Zimmer Holdings Inc. COM 98956P102 706 8,601 SH   SOLE   8,601 0 0