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
ABBOTT LABS COM 002824100 553 11,277 SH   SOLE 0 11,277 0 0
ABBVIE INC COM 00287Y109 7,905 117,645 SH   SOLE 0 117,645 0 0
ABM INDS INC COM 000957100 347 10,563 SH   SOLE 0 10,563 0 0
ACADIA REALTY TRUST COM 004239109 8,525 292,858 SH   SOLE 0 292,858 0 0
ACCURAY INC COM 004397105 3,728 553,149 SH   SOLE 0 553,149 0 0
ACE LTD ORD COM H0023R105 3,747 36,855 SH   SOLE 0 36,855 0 0
ACETO CORP COM 004446100 10,563 428,858 SH   SOLE 0 428,858 0 0
ACTUA CORPORATION COM 005094107 252 17,698 SH   SOLE 0 17,698 0 0
ALERE, INC COM 01449J105 9,177 173,973 SH   SOLE 0 173,973 0 0
ALEXANDRIA REAL ESTATE COM 015271109 9,903 113,231 SH   SOLE 0 113,231 0 0
ALLEGIANT TRAVEL CO. COM 01748X102 5,599 31,477 SH   SOLE 0 31,477 0 0
ALLERGAN INC SHS G0177J108 5,317 17,512 PRN   SOLE 0 17,512 0 0
AMERCO COM 023586100 14,935 45,685 SH   SOLE 0 45,685 0 0
AMERICAN AXLE & MFG COM 024061103 1,261 60,328 SH   SOLE 0 60,328 0 0
AMERICAN EQTY INVT LFE COM 025676206 8,747 324,186 SH   SOLE 0 324,186 0 0
AMERICAN INTL GROUP COM 026874784 13,014 210,507 SH   SOLE 0 210,507 0 0
AMERICAN REALTY CAPITAL PROPERTIES COM 02917T104 4,476 550,502 SH   SOLE 0 550,502 0 0
AMERIPRISE FINL INC COM 03076C106 8,549 68,427 SH   SOLE 0 68,427 0 0
AMERIS BANCORP COM 03076K108 8,403 332,265 SH   SOLE 0 332,265 0 0
AMGEN INC COM 031162100 691 4,503 SH   SOLE 0 4,503 0 0
APPLE COMPUTER INC COM 037833100 7,659 61,062 SH   SOLE 0 61,062 0 0
ARGONAUT GROUP INC COM G0464B107 8,877 159,371 SH   SOLE 0 159,371 0 0
ARRIS GROUP INC COM 04270V106 4,080 133,340 SH   SOLE 0 133,340 0 0
ASHLAND INC COM 044209104 4,404 36,125 SH   SOLE 0 36,125 0 0
AT&T INC COM 00206R102 3,647 102,669 SH   SOLE 0 102,669 0 0
ATMEL CORP COM 049513104 10,244 1,039,437 SH   SOLE 0 1,039,437 0 0
ATMOS ENERGY CORP COM 049560105 3,180 62,006 SH   SOLE 0 62,006 0 0
AVALONBAY COMMUNITIES COM 053484101 1,843 11,528 SH   SOLE 0 11,528 0 0
AVIS BUDGET GROUP COM 053774105 5,344 121,235 SH   SOLE 0 121,235 0 0
BAKER HUGHES INC COM 057224107 7,548 122,337 SH   SOLE 0 122,337 0 0
BANK OF AMERICA CORP COM 060505104 6,109 358,931 SH   SOLE 0 358,931 0 0
BANK OF MARIN BANCORP COM 063425102 641 12,601 SH   SOLE 0 12,601 0 0
BANNER CORP COM 06652V208 10,777 224,858 SH   SOLE 0 224,858 0 0
BAXTER INTL INC COM 071813109 4,917 70,318 SH   SOLE 0 70,318 0 0
BERKSHIRE HATHAWAY CLASS B COM 084670702 271 1,989 SH   SOLE 0 1,989 0 0
BLACK HILLS CORP COM 092113109 5,457 125,026 SH   SOLE 0 125,026 0 0
BNC BANCORP COM 05566T101 4,008 207,331 SH   SOLE 0 207,331 0 0
BOEING CO COM 097023105 356 2,563 SH   SOLE 0 2,563 0 0
BOK FINL CORP COM NEW COM 05561Q201 6,902 99,193 SH   SOLE 0 99,193 0 0
BORG WARNER INC COM 099724106 3,570 62,814 SH   SOLE 0 62,814 0 0
BOSTON PRIVT FINL HLDG COM 101119105 6,190 461,584 SH   SOLE 0 461,584 0 0
BOSTON PROPERTIES INC COM 101121101 1,466 12,115 SH   SOLE 0 12,115 0 0
BRISTOL MYERS SQUIBB COM 110122108 213 3,197 SH   SOLE 0 3,197 0 0
CABOT CORP COM 127055101 2,313 62,030 SH   SOLE 0 62,030 0 0
CAMDEN PROPERTY TRUST COM 133131102 381 5,128 SH   SOLE 0 5,128 0 0
CAPITAL BANK FINANCIAL CORP COM 139794101 4,287 147,487 SH   SOLE 0 147,487 0 0
CAPITAL ONE FINL CORP COM 14040H105 5,063 57,572 SH   SOLE 0 57,572 0 0
CARRIZO OIL & GAS COM 144577103 8,218 166,898 SH   SOLE 0 166,898 0 0
CBIZ INC COM 124805102 7,624 790,831 SH   SOLE 0 790,831 0 0
CHATHAM LODGING TRUST COM 16208T102 347 13,117 SH   SOLE 0 13,117 0 0
CHEMBIO DIAGNOSTICS COM 163572209 104 21,200 SH   SOLE 0 21,200 0 0
CHESAPEAKE UTILITIES CORP. COM 165303108 6,972 129,470 SH   SOLE 0 129,470 0 0
CHEVRON CORP NEW COM 166764100 5,034 52,187 SH   SOLE 0 52,187 0 0
CIGNA CORP COM 125509109 13,966 86,209 SH   SOLE 0 86,209 0 0
CISCO SYS INC COM 17275R102 4,319 157,280 SH   SOLE 0 157,280 0 0
CITIGROUP INC COM 172967424 6,775 122,645 SH   SOLE 0 122,645 0 0
CNO FINANCIAL INC COM 12621E103 15,079 821,771 SH   SOLE 0 821,771 0 0
COCA COLA ENTERPRISES INC NEW COM 19122T109 436 10,042 SH   SOLE 0 10,042 0 0
COLGATE PALMOLIVE CO COM 194162103 476 7,280 SH   SOLE 0 7,280 0 0
COLUMBIA SPORTSWEAR CO COM 198516106 7,865 130,090 SH   SOLE 0 130,090 0 0
CON-WAY, INC. COM 205944101 4,209 109,702 SH   SOLE 0 109,702 0 0
CONOCOPHILLIPS COM 20825C104 9,253 150,674 SH   SOLE 0 150,674 0 0
CORESITE REALTY CORP COM 21870Q105 9,968 219,370 SH   SOLE 0 219,370 0 0
CRANE CO COM 224399105 3,010 51,254 SH   SOLE 0 51,254 0 0
CROWN HOLDINGS INC COM 228368106 4,930 93,168 SH   SOLE 0 93,168 0 0
CVS HEALTH CORP COM 126650100 13,260 126,431 SH   SOLE 0 126,431 0 0
CYPRESS SEMICONDUCTOR COM 232806109 6,722 571,629 SH   SOLE 0 571,629 0 0
DANA HOLDING CORP COM 235825205 9,809 476,652 SH   SOLE 0 476,652 0 0
DELEK US HOLDINGS INC. COM 246647101 8,630 234,382 SH   SOLE 0 234,382 0 0
DELUXE CORP COM 248019101 10,634 171,509 SH   SOLE 0 171,509 0 0
DINEEQUITY, INC. COM 254423106 5,411 54,611 SH   SOLE 0 54,611 0 0
DOMINION RES VA NEW COM 25746U109 286 4,271 SH   SOLE 0 4,271 0 0
DOVER CORP COM 260003108 1,042 14,844 SH   SOLE 0 14,844 0 0
DOW CHEM CO COM 260543103 365 7,127 SH   SOLE 0 7,127 0 0
DSW INC COM 23334L102 6,967 208,790 SH   SOLE 0 208,790 0 0
DU PONT E I DE NEMOURS COM 263534109 275 4,297 SH   SOLE 0 4,297 0 0
DUKE ENERGY CORP COM 26441C204 6,320 89,492 SH   SOLE 0 89,492 0 0
E M C CORP MASS COM 268648102 442 16,752 SH   SOLE 0 16,752 0 0
E.W. SCRIPPS COM 811054402 7,172 313,875 SH   SOLE 0 313,875 0 0
EATON CORP SHS G29183103 4,804 71,182 PRN   SOLE 0 71,182 0 0
EBAY INC COM 278642103 359 5,956 SH   SOLE 0 5,956 0 0
EMCOR GROUP INC COM 29084Q100 853 17,857 SH   SOLE 0 17,857 0 0
EMPIRE DIST ELEC CO COM 291641108 2,527 115,912 SH   SOLE 0 115,912 0 0
ENDURANCE SPECIALTY HOLDINGS LTD. SHS G30397106 9,983 151,945 PRN   SOLE 0 151,945 0 0
ENGILITY HOLDINGS INC. COM 29286C107 3,203 127,322 SH   SOLE 0 127,322 0 0
ENTERPRISE PRODUCTS PARTNERS COM 293792107 391 13,066 SH   SOLE 0 13,066 0 0
EQUITY LIFESTYLE PPTYS COM 29472R108 670 12,740 SH   SOLE 0 12,740 0 0
EQUITY RESIDENTIAL COM 29476L107 6,771 96,495 SH   SOLE 0 96,495 0 0
ESSEX PROPERTY TRUST COM 297178105 842 3,962 SH   SOLE 0 3,962 0 0
ESTERLINE TECHNOLOGIES COM 297425100 6,763 70,939 SH   SOLE 0 70,939 0 0
EXPRESS, INC. COM 30219E103 4,129 227,985 SH   SOLE 0 227,985 0 0
EXTRA SPACE STORAGE COM 30225T102 1,341 20,559 SH   SOLE 0 20,559 0 0
EXXON MOBIL CORP COM 30231G102 6,361 76,457 SH   SOLE 0 76,457 0 0
FEDERAL REALTY INVT TR COM 313747206 250 1,955 SH   SOLE 0 1,955 0 0
FERRO CORP COM 315405100 4,669 278,270 SH   SOLE 0 278,270 0 0
FIDELITY SOUTHERN CORP COM 316394105 6,040 346,312 SH   SOLE 0 346,312 0 0
FINANCIAL SELECT SECTOR SPDR FUND COM 81369Y605 210 8,600 SH   SOLE 0 8,600 0 0
FIRST INDUSTRIAL RLTY COM 32054K103 10,154 542,134 SH   SOLE 0 542,134 0 0
FIRST POTOMAC RLTY TR COM 33610F109 8,534 828,553 SH   SOLE 0 828,553 0 0
FIRST REP BK SAN COM 33616C100 9,619 152,614 SH   SOLE 0 152,614 0 0
FIRST SECURITY GROUP INC. COM 336312202 173 70,761 SH   SOLE 0 70,761 0 0
FORD MOTOR CO COM 345370860 4,339 289,104 SH   SOLE 0 289,104 0 0
GANNETT SPINCO INC COM 36473H104 413 29,494 SH   SOLE 0 29,494 0 0
GENERAL ELEC CO COM 369604103 7,690 289,431 SH   SOLE 0 289,431 0 0
GENERAL GROWTH PPTYS COM 370023103 653 25,456 SH   SOLE 0 25,456 0 0
GILEAD SCIENCES INC COM 375558103 5,015 42,838 SH   SOLE 0 42,838 0 0
GOLDMAN SACHS GROUP COM 38141G104 5,442 26,066 SH   SOLE 0 26,066 0 0
GOOGLE INC CL A COM 38259P508 992 1,836 SH   SOLE 0 1,836 0 0
GOOGLE INC CL C COM 38259P706 4,915 9,443 SH   SOLE 0 9,443 0 0
GRACO INC COM 384109104 316 4,446 SH   SOLE 0 4,446 0 0
GUGGENHEIM SPIN-OFF COM 18383M605 1,711 37,309 SH   SOLE 0 37,309 0 0
HARMAN INTL INDS INC COM 413086109 206 1,734 SH   SOLE 0 1,734 0 0
HARTE-HANKS INC COM 416196103 3,324 557,727 SH   SOLE 0 557,727 0 0
HARTFORD FINL SVCS COM 416515104 4,408 106,028 SH   SOLE 0 106,028 0 0
HCA INC COM 40412C101 4,894 53,944 SH   SOLE 0 53,944 0 0
HEALTH CARE REIT INC COM 42217K106 613 9,340 SH   SOLE 0 9,340 0 0
HERBALIFE LTD COM G4412G101 5,316 96,493 SH   SOLE 0 96,493 0 0
HERITAGE COMMERCE CORP COM 426927109 4,117 428,385 SH   SOLE 0 428,385 0 0
HERITAGE FINANCIAL CORP COM 42722X106 5,392 301,723 SH   SOLE 0 301,723 0 0
HERITAGE OAKS BANCORP COM 42724R107 7,190 913,598 SH   SOLE 0 913,598 0 0
HOMESTREET INC COM 43785V102 7,435 325,827 SH   SOLE 0 325,827 0 0
HSN INC. COM 404303109 7,454 106,198 SH   SOLE 0 106,198 0 0
HUDSON PACIFIC PROPERTIES, INC. COM 444097109 13,538 477,177 SH   SOLE 0 477,177 0 0
IBERIABANK CORP COM 450828108 5,218 76,480 SH   SOLE 0 76,480 0 0
IDACORP INC COM 451107106 3,592 63,990 SH   SOLE 0 63,990 0 0
IMPAX LABORATORIES INC COM 45256B101 5,975 130,124 SH   SOLE 0 130,124 0 0
INTEL CORP COM 458140100 412 13,557 SH   SOLE 0 13,557 0 0
INTERVAL LEISURE GROUP, INC COM 46113M108 6,599 288,780 SH   SOLE 0 288,780 0 0
INTL PAPER CO COM 460146103 2,356 49,512 SH   SOLE 0 49,512 0 0
ISHARES INTERNATIONAL DEVELOPED REAL EST COM 464288489 564 18,960 SH   SOLE 0 18,960 0 0
ISHARES S&P U.S. PREFERRED STOCK INDEX F NOTE 464288687 4,943 126,198 SH   SOLE 0 126,198 0 0
ISHARES TR DJ US REAL EST COM 464287739 889 12,463 SH   SOLE 0 12,463 0 0
JOHNSON & JOHNSON COM 478160104 5,622 57,683 SH   SOLE 0 57,683 0 0
JPMORGAN CHASE & CO COM 46625H100 14,575 215,101 SH   SOLE 0 215,101 0 0
KADANT INC COM 48282T104 4,364 92,457 SH   SOLE 0 92,457 0 0
KAISER ALUMINUM CORP COM 483007704 6,221 74,876 SH   SOLE 0 74,876 0 0
KEYCORP COM 493267108 9,291 618,548 SH   SOLE 0 618,548 0 0
KILROY REALTY CORP COM 49427F108 7,963 118,579 SH   SOLE 0 118,579 0 0
KIMCO REALTY CORP COM 49446R109 320 14,206 SH   SOLE 0 14,206 0 0
KINDER MORGAN INC KANS COM 49456B101 244 6,351 SH   SOLE 0 6,351 0 0
KITE RLTY GROUP TR COM 49803T300 6,791 277,525 SH   SOLE 0 277,525 0 0
LABORATORY AMER HLDGS COM NEW COM 50540R409 222 1,835 SH   SOLE 0 1,835 0 0
LACLEDE GROUP INC COM 505597104 5,153 98,988 SH   SOLE 0 98,988 0 0
LASALLE HOTEL PROPERTIES COM 517942108 4,033 113,722 SH   SOLE 0 113,722 0 0
MACERICH CO COM 554382101 333 4,458 SH   SOLE 0 4,458 0 0
MAGELLAN MIDSTREAM COM 559080106 578 7,875 SH   SOLE 0 7,875 0 0
MARATHON OIL CORP COM 565849106 8,146 306,937 SH   SOLE 0 306,937 0 0
MATERION CORP COM 576690101 4,965 140,843 SH   SOLE 0 140,843 0 0
MATTEL INC COM 577081102 4,885 190,158 SH   SOLE 0 190,158 0 0
MEDTRONIC PLC COM G5960L103 5,204 70,234 SH   SOLE 0 70,234 0 0
MENTOR GRAPHICS CORP COM 587200106 4,013 151,834 SH   SOLE 0 151,834 0 0
MERCK & CO INC COM 58933Y105 5,403 94,912 SH   SOLE 0 94,912 0 0
MEREDITH CORP COM 589433101 7,141 136,929 SH   SOLE 0 136,929 0 0
METHODE ELECTRS INC COM 591520200 2,539 92,512 SH   SOLE 0 92,512 0 0
METLIFE INC COM 59156R108 8,519 152,144 SH   SOLE 0 152,144 0 0
MICROSOFT CORP COM 594918104 479 10,854 SH   SOLE 0 10,854 0 0
MONSANTO CO NEW COM 61166W101 283 2,651 SH   SOLE 0 2,651 0 0
MORGAN STANLEY COM 617446448 345 8,904 SH   SOLE 0 8,904 0 0
MYR GROUP INC COM 55405W104 8,116 262,160 SH   SOLE 0 262,160 0 0
NATIONAL CINEMEDIA COM 635309107 3,494 218,953 SH   SOLE 0 218,953 0 0
NATL PENN BANCSHARES COM 637138108 3,994 354,037 SH   SOLE 0 354,037 0 0
NCR CORP NEW COM 62886E108 4,678 155,427 SH   SOLE 0 155,427 0 0
NELNET INC CL A COM 64031N108 4,849 111,969 SH   SOLE 0 111,969 0 0
NEWBRIDGE BANCORP COM 65080T102 7,857 879,889 SH   SOLE 0 879,889 0 0
NEWELL RUBBERMAID INC COM 651229106 6,906 167,988 SH   SOLE 0 167,988 0 0
NOBLE ENRGY INC COM 655044105 6,507 152,464 SH   SOLE 0 152,464 0 0
NORDSTROM INC COM 655664100 461 6,192 SH   SOLE 0 6,192 0 0
NORTHSTAR ASSET MANAGEMENT GROUP COM 66705y104 5,430 293,663 SH   SOLE 0 293,663 0 0
NORTHSTAR RLTY FIN CP COM 66704R704 665 41,810 SH   SOLE 0 41,810 0 0
NXP SEMICONDUCTORS COM N6596X109 6,663 67,853 SH   SOLE 0 67,853 0 0
OSHKOSH CORP COM 688239201 6,705 158,219 SH   SOLE 0 158,219 0 0
PAREXEL INTL CORP COM 699462107 7,121 110,725 SH   SOLE 0 110,725 0 0
PARK-OHIO HOLDINGS CORP COM 700666100 7,491 154,573 SH   SOLE 0 154,573 0 0
PDC ENERGY COM 69327R101 7,963 148,449 SH   SOLE 0 148,449 0 0
PEBBLEBROOK HOTEL COM 70509V100 12,667 295,407 SH   SOLE 0 295,407 0 0
PEPSICO INC COM 713448108 1,472 15,771 SH   SOLE 0 15,771 0 0
PFIZER INC COM 717081103 11,856 353,600 SH   SOLE 0 353,600 0 0
PHARMERICA COM 71714F104 7,873 236,438 SH   SOLE 0 236,438 0 0
PHILIP MORRIS INTERNATIONAL INC COM 718172109 225 2,804 SH   SOLE 0 2,804 0 0
PHILLIPS VAN HEUSEN CP COM 693656100 4,011 34,814 SH   SOLE 0 34,814 0 0
PLEXUS CORP COM 729132100 7,858 179,087 SH   SOLE 0 179,087 0 0
POLYONE CORP COM 73179P106 418 10,671 SH   SOLE 0 10,671 0 0
PORTLAND GENERAL COM 736508847 4,560 137,505 SH   SOLE 0 137,505 0 0
PRESTIGE BRANDS HOLDINGS, INC. COM 74112D101 4,375 94,609 SH   SOLE 0 94,609 0 0
PROCTER & GAMBLE CO COM 742718109 6,070 77,584 SH   SOLE 0 77,584 0 0
PROGENICS PHARMA INC COM 743187106 4,098 549,287 SH   SOLE 0 549,287 0 0
PROGRESS SOFTWARE CORP COM 743312100 7,846 285,319 SH   SOLE 0 285,319 0 0
PROLOGIS COM 74340W103 255 6,861 SH   SOLE 0 6,861 0 0
PUBLIC STORAGE INC COM 74460D109 785 4,260 SH   SOLE 0 4,260 0 0
RADIAN GROUP INC COM 750236101 7,690 409,920 SH   SOLE 0 409,920 0 0
RAYTHEON CO COM NEW COM 755111507 3,047 31,842 SH   SOLE 0 31,842 0 0
REGENCY CTRS CORP COM 758849103 390 6,611 SH   SOLE 0 6,611 0 0
RITE AID CORP COM 767754104 2,865 343,137 SH   SOLE 0 343,137 0 0
RUTH'S HOSPITALITY GROUP, INC. COM 783332109 6,783 420,769 SH   SOLE 0 420,769 0 0
SABRA HEALTH CARE REIT COM 78573L106 7,311 284,014 SH   SOLE 0 284,014 0 0
SCHLUMBERGER LTD COM 806857108 454 5,262 SH   SOLE 0 5,262 0 0
SCHWAB LARGE CAP ETF COM 808524201 2,965 60,138 SH   SOLE 0 60,138 0 0
SCHWAB US REIT ETF COM 808524847 462 12,731 SH   SOLE 0 12,731 0 0
SEACOAST BKG CORP FLA COM 811707801 4,246 268,730 SH   SOLE 0 268,730 0 0
SEAGATE TECHNOLOGY SHS G7945M107 1,648 34,691 PRN   SOLE 0 34,691 0 0
SENSIENT TECH CORP COM 81725T100 11,341 165,943 SH   SOLE 0 165,943 0 0
SILICON MOTION TECHNOLOGY CORP COM 82706C108 4,236 122,395 SH   SOLE 0 122,395 0 0
SIMON PROPERTY GROUP COM 828806109 2,513 14,526 SH   SOLE 0 14,526 0 0
SINCLAIR BROADCAST GRP CL A COM 829226109 6,889 246,812 SH   SOLE 0 246,812 0 0
SKYWEST INC COM 830879102 4,633 308,057 SH   SOLE 0 308,057 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 4,739 45,523 SH   SOLE 0 45,523 0 0
SL GREEN REALTY COM 78440X101 867 7,887 SH   SOLE 0 7,887 0 0
SOLERA HOLDINGS COM 83421A104 4,729 106,135 SH   SOLE 0 106,135 0 0
SOUTH JERSEY INDS INC COM 838518108 3,374 136,428 SH   SOLE 0 136,428 0 0
SOUTHERN CO COM 842587107 5,723 136,581 SH   SOLE 0 136,581 0 0
SPDR DOW JONES WILSHIRE INTERNATIONAL COM 78463X863 236 5,646 SH   SOLE 0 5,646 0 0
SPDR S&P DEPOSITORY RECEIPTS COM 78462F103 1,103 5,359 SH   SOLE 0 5,359 0 0
STAG INDUSTRIAL COM 85254J102 6,240 312,020 SH   SOLE 0 312,020 0 0
STANLEY BLACK & DECKER COM 854502101 5,292 50,288 SH   SOLE 0 50,288 0 0
STATE BANK & TRUST COM 856190103 8,583 396,274 SH   SOLE 0 396,274 0 0
STRATEGIC HOTELS & RESORTS COM 86272T106 9,624 794,061 SH   SOLE 0 794,061 0 0
SUN COMMUNITIES INC COM 866674104 12,811 207,197 SH   SOLE 0 207,197 0 0
SUNTRUST BKS INC COM 867914103 4,584 106,563 SH   SOLE 0 106,563 0 0
SYNERGY RESOURCES CORP COM 87164P103 7,936 694,305 SH   SOLE 0 694,305 0 0
SYNNEX CORP COM 87162W100 13,902 189,944 SH   SOLE 0 189,944 0 0
SYNOVUS FINL CORP COM 87161C501 14,314 464,434 SH   SOLE 0 464,434 0 0
TE CONNECTIVITY LTD REG SHS H84989104 2,290 35,615 PRN   SOLE 0 35,615 0 0
TEGNA INC COM 87901J105 1,892 58,989 SH   SOLE 0 58,989 0 0
TETRA TECH INC NEW COM 88162G103 7,349 286,634 SH   SOLE 0 286,634 0 0
TIME INC COM 887228104 3,387 147,180 SH   SOLE 0 147,180 0 0
TIMKEN CO COM 887389104 6,249 170,887 SH   SOLE 0 170,887 0 0
TREEHOUSE FOODS INC COM 89469A104 7,697 94,985 SH   SOLE 0 94,985 0 0
TRICO BANCSHARES COM 896095106 4,985 207,274 SH   SOLE 0 207,274 0 0
UNIFIRST CORP MASS COM 904708104 3,934 35,173 SH   SOLE 0 35,173 0 0
UNILEVER NV COM 904784709 272 6,500 SH   SOLE 0 6,500 0 0
UNITED CMNTY BKS GA CAP STK COM 90984P303 10,832 519,005 SH   SOLE 0 519,005 0 0
UNITED CONTINENTAL HOLDINGS, INC. COM 910047109 1,901 35,866 SH   SOLE 0 35,866 0 0
UNITED STATES STL CORP COM 912909108 2,834 137,454 SH   SOLE 0 137,454 0 0
UNITED TECHNOLOGIES CP COM 913017109 228 2,056 SH   SOLE 0 2,056 0 0
VALERO ENERGY CORP NEW COM 91913Y100 6,393 102,127 SH   SOLE 0 102,127 0 0
VENTAS INC COM 92276F100 904 14,557 SH   SOLE 0 14,557 0 0
VERINT SYS INC COM 92343X100 10,361 170,573 SH   SOLE 0 170,573 0 0
VERIZON COMMUNICATIONS COM 92343V104 5,195 111,457 SH   SOLE 0 111,457 0 0
VIACOM INC CL B COM 92553P201 2,658 41,123 SH   SOLE 0 41,123 0 0
VORNADO REALTY TRUST COM 929042109 759 7,998 SH   SOLE 0 7,998 0 0
WABASH NATL CORP COM 929566107 3,274 261,063 SH   SOLE 0 261,063 0 0
WALT DISNEY CO COM 254687106 4,458 39,057 SH   SOLE 0 39,057 0 0
WELLS FARGO & CO COM 949746101 808 14,362 SH   SOLE 0 14,362 0 0
WESCO INTL INC COM 95082P105 10,072 146,743 SH   SOLE 0 146,743 0 0
WEST CORP COM 952355204 11,941 396,719 SH   SOLE 0 396,719 0 0
WHITING PETEROLEUM CORP NEW COM 966387102 4,476 133,213 SH   SOLE 0 133,213 0 0
WILSHIRE BANCORP INC COM 97186T108 8,564 678,073 SH   SOLE 0 678,073 0 0
WINTRUST FINL CORP COM 97650W108 8,908 166,871 SH   SOLE 0 166,871 0 0
YAHOO INC COM 984332106 3,570 90,859 SH   SOLE 0 90,859 0 0