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
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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
Axiall Corporation Common 05463D100 212,826,419 4,486,223 SH   SOLE 0 197,741,685 4,168,248 0
Live Nation Entertainment, Inc. Common 538034109 190,833,267 9,657,554 SH   SOLE 0 178,061,747 9,011,222 0
WhiteWave Foods Company Cl A Common 966244105 189,512,066 8,261,206 SH   SOLE 0 175,346,822 7,643,715 0
WPX Energy Inc. Common 98212b103 188,090,077 9,229,150 SH   SOLE 0 173,927,179 8,534,209 0
Babcock & Wilcox Company Common 05615f102 168,683,340 4,933,704 SH   SOLE 0 156,597,175 4,580,204 0
PerkinElmer, Inc. Common 714046109 162,165,341 3,933,188 SH   SOLE 0 151,508,417 3,674,713 0
VCA Antech, Inc. Common 918194101 161,963,142 5,164,641 SH   SOLE 0 151,337,809 4,825,823 0
Leidos Holdings Inc. Common 525327102 157,814,315 3,394,586 SH   SOLE 0 144,642,582 3,111,262 0
Molson Coors Brewing Co Cl B Cl B Common 60871R209 146,978,072 2,617,597 SH   SOLE 0 145,147,582 2,584,997 0
Exelis Inc. Common 30162A108 128,615,851 6,747,946 SH   SOLE 0 119,197,619 6,253,810 0
GrafTech International Ltd. Common 384313102 128,352,600 11,429,439 SH   SOLE 0 117,876,694 10,496,589 0
Xylem Inc. Common 98419M100 121,441,329 3,509,865 SH   SOLE 0 121,008,829 3,497,365 0
Compass Minerals International, Inc. Common 20451N101 119,291,951 1,490,218 SH   SOLE 0 106,864,429 1,334,971 0
ADT Corporation Common 00101j106 119,214,219 2,945,743 SH   SOLE 0 117,423,462 2,901,494 0
General Electric Com Common 369604103 116,504,326 4,156,415 SH   SOLE 0 114,846,352 4,097,265 0
Lindsay Corporation Common 535555106 113,438,582 1,370,859 SH   SOLE 0 101,667,395 1,228,609 0
Dynegy Inc. Common 26817R108 107,056,921 4,974,764 SH   SOLE 0 95,727,459 4,448,302 0
Calgon Carbon Corp Common 129603106 102,142,927 4,965,626 SH   SOLE 0 91,519,550 4,449,176 0
Penske Automotive Group, Inc. Common 70959w103 92,668,362 1,964,978 SH   SOLE 0 82,963,966 1,759,202 0
Corning Inc. Common 219350105 89,795,158 5,039,010 SH   SOLE 0 87,995,338 4,938,010 0
Mosaic Co. Common 61945c103 85,075,364 1,799,775 SH   SOLE 0 83,220,017 1,760,525 0
Pfizer Inc. Common 717081103 83,703,846 2,732,741 SH   SOLE 0 82,723,686 2,700,741 0
Mallinckrodt Pharmaceuticals Common G5785G107 83,159,979 1,591,274 SH   SOLE 0 74,805,748 1,431,415 0
Entegris, Inc. Common 29362U104 82,822,569 7,146,037 SH   SOLE 0 71,298,632 6,151,737 0
Bank of New York Mellon Corp. Common 064058100 82,429,959 2,359,186 SH   SOLE 0 80,759,827 2,311,386 0
Microsoft Corp Common 594918104 82,275,255 2,199,285 SH   SOLE 0 80,659,143 2,156,085 0
Checkpoint Systems Inc Common 162825103 80,813,885 5,124,533 SH   SOLE 0 70,508,395 4,471,046 0
Devon Energy Corporation Common 25179m103 80,793,468 1,305,859 SH   SOLE 0 78,983,771 1,276,609 0
Deere & Company Common 244199105 75,466,436 826,305 SH   SOLE 0 73,749,432 807,505 0
General Motors Common 37045v100 65,628,392 1,605,784 SH   SOLE 0 64,088,288 1,568,101 0
Verint Systems Inc. Common 92343x100 49,112,496 1,143,747 SH   SOLE 0 44,163,790 1,028,500 0
John Bean Technologies Corp. Common 477839104 26,845,338 915,286 SH   SOLE 0 24,078,786 820,961 0
Federated Investors, Inc. Common 314211103 23,460,509 814,601 SH   SOLE 0 21,183,091 735,524 0
Bill Barrett Corporation Common 06846N104 23,129,966 863,703 SH   SOLE 0 19,881,552 742,403 0
USG Corporation Common 903293405 22,797,654 803,300 SH   SOLE 0 19,829,106 698,700 0
Ishares Russell 2000 ETF ETF 464287655 22,161,810 192,110 SH   SOLE 0 18,193,426 157,710 0
CST Brands, Inc. Common 12646r105 13,960,944 380,200 SH   SOLE 0 10,483,560 285,500 0
Ishares Trust Russell 2000 Value Index Fun ETF 464287630 8,189,845 82,310 SH   SOLE 0 6,199,845 62,310 0
Spdr Trust Series 1 ETF 78462F103 4,249,869 23,011 SH   SOLE 0 4,249,869 23,011 0
Post Properties 8.50% Preferred 737464206 1,334,333 22,907 SH   SOLE 0 1,276,083 21,907 0
POTASH CORP SASK INC COM Common 73755l107 1,170,080 35,500 SH   SOLE 0 1,170,080 35,500 0
QEP RES INC COM Common 74733v100 1,072,750 35,000 SH   SOLE 0 1,072,750 35,000 0
Freeport Mcmoran Copper & Gold Cl B Common 35671D857 766,122 20,300 SH   SOLE 0 766,122 20,300 0
Pebblebrook Hotel Trust Series A Preferred 70509V209 709,023 28,395 SH   SOLE 0 629,119 25,195 0
iShares iBoxx $ High Yield Corporate Bd ETF 464288513 654,804 7,050 SH   SOLE 0 654,804 7,050 0
E I Dupont Common 263534109 481,762 7,415 SH   SOLE 0 481,762 7,415 0
NextEra Energy, Inc. Common 65339f101 459,608 5,368 SH   SOLE 0 446,423 5,214 0
Constellation Brands Inc. - A Cl A Common 21036p108 438,116 6,225 SH   SOLE 0 438,116 6,225 0
Walt Disney Company Common 254687106 415,997 5,445 SH   SOLE 0 415,997 5,445 0
Cincinnati Bell 6.75% Series B Preferred 171871403 379,764 8,400 SH   SOLE 0 289,344 6,400 0
Johnson & Johnson Common 478160104 329,724 3,600 SH   SOLE 0 329,724 3,600 0
Bank Of America Corp Common 060505104 319,185 20,500 SH   SOLE 0 319,185 20,500 0
WELLS FARGO & CO NEW DEP SHS SER J Preferred 949746879 293,580 10,500 SH   SOLE 0 293,580 10,500 0
Scripps Networks Inter - CL A Cl A Common 811065101 267,871 3,100 SH   SOLE 0 267,871 3,100 0
Procter & Gamble Co Common 742718109 257,640 3,165 SH   SOLE 0 257,640 3,165 0
Thermo Fisher Scientific, Inc Common 883556102 230,717 2,072 SH   SOLE 0 230,717 2,072 0
Apple Computers Common 037833100 213,358 380 SH   SOLE 0 213,358 380 0
Accuray Inc. Common 004397105 208,365 23,950 SH   SOLE 0 208,365 23,950 0