13F-HR 1 d13fhr.txt FORM 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2008 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: Hillsdale Investment Management Inc. Address: 100 Wellington Street West, Suite 2100, TD Centre, P.O. Box 228,Toronto, Ontario, Canada, M5K 1J3 Form 13F File Number: 28-11957 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: Ian Pember Title: Vice President, Administration and Compliance Phone: 416-913-3920 Signature, Place, and Date of Signing: I. Pember Toronto, Ontario, Canada November 12, 2008 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).) ---------- * Reports Holdings for which confidential treatment is required. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 349 Form 13F Information Table Value Total: $173,786 (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. NONE FORM 13F INFORMATION TABLE
VOTING AUTORITY TITLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER --------------------- NAME OF ISSUER OF CLASS CUSIP (x1000's) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------------- -------- --------- --------- --------- --- ---- ------- -------- --------- ------ ---- AEROPOSTALE ORD COM 007865108 125 3,900 SH SOLE 3,900 ADVANCED ENERGY ORD COM 007973100 659 48,200 SH SOLE 48,200 AGNICO EAGLE ORD COM 008474108 22 400 SH SOLE 400 AGRIUM ORD COM 008916108 4,896 87,600 SH SOLE 81,700 5,900 AIR PRODS & CHEM ORD COM 009158106 7 100 SH SOLE 100 ALTERA ORD COM 021441100 138 6,650 SH SOLE 6,650 AMAZON COM ORD COM 023135106 15 200 SH SOLE 200 AM PHYSICIANS ORD COM 028884104 1,581 37,350 SH SOLE 31,450 5,900 AMPHENOL ORDINARY A COM 032095101 177 4,400 SH SOLE 4,400 ANADARKO PETRO ORD COM 032511107 27 550 SH SOLE 550 ANGIOTECH PHARM ORD COM 034918102 299 365,900 SH SOLE 365,900 ANHEUSER BUSCH ORD COM 035229103 6 100 SH SOLE 100 APACHE ORD COM 037411105 21 200 SH SOLE 200 APOLLO GROUP ORD COM 037604105 205 3,450 SH SOLE 3,450 APPLE INC COM 037833100 165 1,450 SH SOLE 1,450 ARCH COAL ORD COM 039380100 215 6,550 SH SOLE 6,550 ASCENT MEDIA CORP COM 043632108 -- 420 SH SOLE 420 AUDIOVOX A ORD COM 050757103 6 600 SH SOLE 600 AUTOLIV ORD COM 052800109 280 8,300 SH SOLE 8,300 AUTOMATIC DATA ORD COM 053015103 9 200 SH SOLE 200 AVOCENT ORD COM 053893103 1,007 49,200 SH SOLE 49,200 AXSYS TECH ORD COM 054615109 1,727 29,300 SH SOLE 29,300 BMC SOFTWARE ORD COM 055921100 3 100 SH SOLE 100 BAIDU.COM ADR COM 056752108 298 1,200 SH SOLE 1,200 BANK OF MONTREAL ORD COM 063671101 315 7,300 SH SOLE 7,300 Bank Mutual Ordinary COM 063750103 1,313 115,700 SH SOLE 115,700 BARRICK GOLD ORD COM 067901108 2,182 59,600 SH SOLE 59,600 BAXTER INTL ORD COM 071813109 13 200 SH SOLE 200 BAYTEX ENERGY UNT COM 073176109 10,391 429,900 SH SOLE 418,800 11,100 BRINKS ORD COM 109696104 37 600 SH SOLE 600 BRIT AM TOBACCO ADR COM 110448107 19 300 SH SOLE 300 BROADCOM A ORD COM 111320107 113 6,050 SH SOLE 6,050 BUCYRUS INTL A ORD COM 118759109 208 4,650 SH SOLE 4,650 CBS B ORD COM 124857202 1 100 SH SOLE 100 CEC ENTERTAINMNT ORD COM 125137109 1,252 37,700 SH SOLE 37,700 CF INDUSTRIES ORD COM 125269100 274 3,000 SH SOLE 3,000 CSX ORD COM 126408103 19 350 SH SOLE 350 CABOT OIL GAS ORD COM 127097103 7 200 SH SOLE 200 CANADIAN IMPERIAL BANK COMMERCE ORD COM 136069101 316 5,500 SH SOLE 5,500 CDN NTL ORD COM 136375102 191 4,000 SH SOLE 4,000 CDN NAT RSC ORD COM 136385101 2,788 40,650 SH SOLE 34,450 6,200 CENT EURO DSTRBN ORD COM 153435102 250 5,500 SH SOLE 5,500 CHESAPEAKE ENER ORD COM 165167107 4 100 SH SOLE 100 CHGO BRIDGE ADR COM 167250109 20 1,050 SH SOLE 1,050 CHILDREN'S PLACE ORD COM 168905107 1,217 36,500 SH SOLE 36,500 CHUBB ORD COM 171232101 11 200 SH SOLE 200 CIMAREX ENERGY ORD COM 171798101 5 100 SH SOLE 100 CINCINNATI BELL ORD COM 171871106 25 8,200 SH SOLE 8,200 CIRRUS LOGIC ORD COM 172755100 1,125 206,350 SH SOLE 206,350 COCA-COLA CO COM 191216100 21 400 SH SOLE 400 COLGATE ORD COM 194162103 15 200 SH SOLE 200 COMPUWARE ORD COM 205638109 148 15,250 SH SOLE 15,250 CRYOLIFE ORD COM 228903100 31 2,400 SH SOLE 2,400 CUBIST PHARM ORD COM 229678107 38 1,700 SH SOLE 1,700 DEUTSCHE TELEKOM ADR COM 251566105 350 23,000 SH SOLE 23,000 DEVRY ORD COM 251893103 10 200 SH SOLE 200 DOLLAR TREE INC COM 256746108 67 1,850 SH SOLE 1,850 EMC ORD COM 268648102 6 500 SH SOLE 500 EARTHLINK ORD COM 270321102 306 36,000 SH SOLE 4,900 31,100 EBAY ORD COM 278642103 148 6,600 SH SOLE 6,600 ELDORADO GOLD ORD COM 284902103 22 3,500 SH SOLE 3,500 ENERGY CONV ORD COM 292659109 105 1,800 SH SOLE 1,800 EXPRESS SCRIPTS ORD COM 302182100 266 3,600 SH SOLE 3,600 FMC ORD COM 302491303 822 16,000 SH SOLE 16,000 FPIC INSURANCE ORD COM 302563101 5 100 SH SOLE 100 FTI CONSULTING ORD COM 302941109 397 5,500 SH SOLE 5,500 FAIRFAX FINANCIAL HOLDINGS ORD COM 303901102 64 200 SH SOLE 200 FED INVESTORS ORDINARY B COM 314211103 9 300 SH SOLE 300 FIRST MERCHANTS ORD COM 320817109 1,436 63,000 SH SOLE 63,000 FORDING CAN UN COM 345425102 2,713 33,095 SH SOLE 33,095 FOREST LABS ORDINARY A COM 345838106 3 100 SH SOLE 100 GAP ORD COM 364760108 147 8,250 SH SOLE 8,250 GENENTECH ORD COM 368710406 9 100 SH SOLE 100 GENERAL DYNAMICS ORD COM 369550108 7 100 SH SOLE 100 GENZYME GEN ORD COM 372917104 16 200 SH SOLE 200 GIBRALTAR INDS ORD COM 374689107 6 300 SH SOLE 300 GILEAD SCIENCES ORD COM 375558103 201 4,400 SH SOLE 4,400 GOLDCORP ORD COM 380956409 1,264 40,200 SH SOLE 40,200 WW GRAINGER ORD COM 384802104 9 100 SH SOLE 100 GREY WOLF ORD COM 397888108 23 2,900 SH SOLE 2,900 HALLIBURTON ORD COM 406216101 227 7,000 SH SOLE 7,000 HEIDRICK STRUGG ORD COM 422819102 30 1,000 SH SOLE 1,000 HEWLETT PACKARD ORD COM 428236103 5 100 SH SOLE 100 HIBBETT SPORTS INC COM 428567101 138 6,900 SH SOLE 6,900 HUDSON CITY BCP ORD COM 443683107 26 1,400 SH SOLE 1,400 ILLUMINA ORD COM 452327109 49 1,200 SH SOLE 1,200 IMPERIAL OIL ORD COM 453038408 1,858 43,400 SH SOLE 43,400 INTEGRATED DVC ORD COM 458118106 80 10,300 SH SOLE 10,300 INTEL ORD COM 458140100 7 400 SH SOLE 400 IBM ORD COM 459200101 23 200 SH SOLE 200 INTEROIL ORD COM 460951106 56 2,100 SH SOLE 2,100 INTUIT ORD COM 461202103 6 200 SH SOLE 200 ISHARES INC COM 464286624 24 700 SH SOLE 700 iSHARES MSCI SNG ETF COM 464286673 25 2,600 SH SOLE 2,600 iSHARES MSCI TAI ETF COM 464286731 24 2,200 SH SOLE 2,200 iSHARES FTSE CHNA ETF COM 464287184 31 900 SH SOLE 900 iSHARES RUSS 2000 ETF COM 464287655 1,020 15,000 SH SOLE 15,000 JOY GLOBAL ORD COM 481165108 158 3,500 SH SOLE 3,500 KANSAS CITY STHN ORD COM 485170302 333 7,500 SH SOLE 2,900 4,600 KINROSS GOLD ORD COM 496902404 912 56,800 SH SOLE 56,800 KIRBY ORD COM 497266106 8 200 SH SOLE 200 KYOCERA ADR COM 501556203 388 5,100 SH SOLE 5,100 LSI CORPORATION COM 502161102 101 18,800 SH SOLE 18,800 L 3 COMMS HLDGS ORD COM 502424104 25 250 SH SOLE 250 LATTICE ORD COM 518415104 711 345,000 SH SOLE 345,000 LULULEMON ATHLETICA INC COM 550021109 54 2,400 SH SOLE 2,400 MDU RES GROUP ORD COM 552690109 6 200 SH SOLE 200 MEMC ELECTRONIC ORD COM 552715104 17 600 SH SOLE 600 MANTECH INTL A ORD COM 564563104 1,218 20,550 SH SOLE 20,550 MARSH & MCLENNAN ORD COM 571748102 133 4,200 SH SOLE 4,200 MARTEK BIOSCI ORD COM 572901106 13 400 SH SOLE 400 MASSEY ENERGY ORD COM 576206106 892 25,000 SH SOLE 25,000 MCCORMICK ORD COM 579780206 127 3,300 SH SOLE 3,300 MCDONALDS ORD COM 580135101 228 3,700 SH SOLE 3,700 MCMORAN EXPLOR ORD COM 582411104 1,294 54,750 SH SOLE 54,750 THE MEDICINES ORD COM 584688105 685 29,500 SH SOLE 29,500 METTLER TOLEDO ORD COM 592688105 10 100 SH SOLE 100 MICROSOFT ORD COM 594918104 41 1,550 SH SOLE 1,550 MOODYS CORP ORD COM 615369105 129 3,800 SH SOLE 3,800 MURPHY OIL ORD COM 626717102 6 100 SH SOLE 100 NBTY ORD COM 628782104 32 1,100 SH SOLE 1,100 NASDAQ OMX GROUP INC COM 631103108 18 600 SH SOLE 600 NTL OILWELL VARC ORD COM 637071101 37 728 SH SOLE 728 NATL SEMICONDUCT ORD COM 637640103 3 200 SH SOLE 200 NEW GOLD ORD COM 644535106 235 50,600 SH SOLE 50,600 NEWMONT MINING ORD COM 651639106 12 300 SH SOLE 300 NEWMONT MINING ORD COM 651641102 54 1,400 SH SOLE 1,400 NISSAN MOTOR ADR COM 654744408 318 23,400 SH SOLE 23,400 NOKIA ADR COM 654902204 246 13,200 SH SOLE 13,200 NOBLE ENERGY ORD COM 655044105 11 200 SH SOLE 200 NORTEL NETWORKS ORD COM 656568508 623 283,400 SH SOLE 283,400 NA PALLADIUM ORD COM 656912102 575 278,300 SH SOLE 278,300 NORTHERN TRUST ORD COM 665859104 137 1,900 SH SOLE 1,900 NOVEN PHARM ORD COM 670009109 1,092 93,500 SH SOLE 93,500 NUCOR WI ORD COM 670346105 47 1,200 SH SOLE 1,200 OSI PHARMACEUT ORD COM 671040103 1,723 34,950 SH SOLE 29,450 5,500 OIL STATES INTL ORD COM 678026105 74 2,100 SH SOLE 2,100 ON ASSIGNMENT ORD COM 682159108 1,007 127,800 SH SOLE 127,800 OVERHILL FARMS ORD COM 690212105 10 1,900 SH SOLE 1,900 OVERSEAS SHIPHLD ORD COM 690368105 980 16,800 SH SOLE 16,800 OWENS ILLINOIS ORD COM 690768403 6 200 SH SOLE 200 PMA CAPITAL A ORD COM 693419202 4 500 SH SOLE 500 PARAMETRIC TECHNOLOGY ORD COM 699173209 999 54,300 SH SOLE 54,300 PATTERSON UTI ORD COM 703481101 76 3,800 SH SOLE 3,800 PENGROWTH ENERGY TRUST UNT COM 706902509 3,641 242,400 SH SOLE 226,000 16,400 PENN WEST ORD COM 707885109 1,239 52,100 SH SOLE 52,100 PERRIGO ORD COM 714290103 73 1,900 SH SOLE 1,900 POLO RALPH LAUR A ORD COM 731572103 7 100 SH SOLE 100 POWERWAVE TECH ORD COM 739363109 12 3,000 SH SOLE 3,000 PRECISION DRILL UNT COM 740215108 2,132 129,700 SH SOLE 129,700 PRICELINE COM ORD COM 741503403 189 2,760 SH SOLE 2,760 PROGRESSIVE OHIO ORD COM 743315103 112 6,450 SH SOLE 6,450 QLOGIC ORD COM 747277101 1,066 69,400 SH SOLE 69,400 QUALCOMM ORD COM 747525103 116 2,700 SH SOLE 2,700 RADIOSHACK ORD COM 750438103 1,400 81,000 SH SOLE 81,000 RSCH IN MOTION ORD COM 760975102 1,104 16,385 SH SOLE 16,385 ROBBINS & MYERS ORD COM 770196103 8 250 SH SOLE 250 ROGERS COMS B ORD COM 775109200 55 1,700 SH SOLE 1,700 ROSS STORES ORD COM 778296103 15 400 SH SOLE 400 ROYAL BK CANADA ORD COM 780087102 417 8,800 SH SOLE 4,500 4,300 ROYAL BANK OF SCOTLAND GROUP PLC (THE) COM 780097721 2 500 SH SOLE 500 SPX ORD COM 784635104 8 100 SH SOLE 100 STEC INC COM 784774101 883 114,700 SH SOLE 89,000 25,700 SAFEWAY ORD COM 786514208 5 200 SH SOLE 200 SAPIENT ORD COM 803062108 147 19,750 SH SOLE 19,750 CHARLES SCHWAB ORD COM 808513105 5 200 SH SOLE 200 SEACHANGE INTL ORD COM 811699107 1,503 155,600 SH SOLE 155,600 SEMTECH ORD COM 816850101 32 2,300 SH SOLE 2,300 SEPRACOR ORD COM 817315104 128 7,000 SH SOLE 7,000 SIGMA ALDRICH ORD COM 826552101 5 100 SH SOLE 100 SILICON LABS ORD COM 826919102 903 29,400 SH SOLE 29,400 SOUTHWSTN ENER ORD COM 845467109 263 8,600 SH SOLE 8,600 STAMPS COM ORD COM 852857200 1,133 97,100 SH SOLE 97,100 STAPLES ORD COM 855030102 2 100 SH SOLE 100 STATE STREET ORD COM 857477103 11 200 SH SOLE 200 STEEL DYNAMICS ORD COM 858119100 169 9,900 SH SOLE 9,900 STERIS ORD COM 859152100 1,109 29,500 SH SOLE 29,500 STMICROELECTRON ADR COM 861012102 402 39,500 SH SOLE 39,500 STONE ENERGY ORD COM 861642106 4 100 SH SOLE 100 SUNPOWER A ORD COM 867652109 -- 1,400 SH SOLE 1,400 SUREWEST COMMS STK COM 868733106 903 88,500 SH SOLE 88,500 SYMANTEC ORD COM 871503108 204 10,400 SH SOLE 10,400 TDK ADR COM 872351408 336 6,800 SH SOLE 6,800 TECK COMINCO CL B ORD COM 878742204 131 4,600 SH SOLE 4,600 TELEFLEX ORD COM 879369106 1,251 19,700 SH SOLE 19,700 TELEFONICA ADR COM 879382208 350 4,900 SH SOLE 4,900 TELEFONOS DE MEXICO S A B COM 879403780 312 12,100 SH SOLE 12,100 TELMEX INTERNACIONAL SAB DE COM 879690105 157 12,100 SH SOLE 12,100 TERRA INDUSTRIES ORD COM 880915103 1,129 38,400 SH SOLE 33,100 5,300 TEVA PHARM ADR COM 881624209 34 750 SH SOLE 750 3COM ORD COM 885535104 8 3,500 SH SOLE 3,500 TIFFANY ORD COM 886547108 4 100 SH SOLE 100 TIME WARNER ORD COM 887317105 9 700 SH SOLE 700 TREDEGAR ORD COM 894650100 1,137 63,900 SH SOLE 63,900 ULTRALIFE CORP INC COM 903899102 24 3,050 SH SOLE 3,050 ULTRA PETROLEUM ORD COM 903914109 6 100 SH SOLE 100 ULTRATECH ORD COM 904034105 899 74,300 SH SOLE 56,700 17,600 UNILEVER NV ADR COM 904784709 352 12,500 SH SOLE 12,500 UNION PACIFIC ORD COM 907818108 43 600 SH SOLE 600 UNIONBANCAL ORD COM 908906100 7 100 SH SOLE 100 US STEEL CORP ORD COM 912909108 39 500 SH SOLE 500 URBAN OUTFITTERS ORD COM 917047102 6 200 SH SOLE 200 VIGNETTE ORDINARY. COM 926734401 38 3,500 SH SOLE 3,500 VIROPHARMA ORD COM 928241108 1,358 103,500 SH SOLE 84,700 18,800 WAL MART STORES ORD COM 931142103 12 200 SH SOLE 200 WET SEAL A ORD COM 961840105 714 196,700 SH SOLE 196,700 WHIT PETR CORP ORD COM 966387102 246 3,450 SH SOLE 3,450 C WILLIAMS EGY ORD COM 969490101 11 150 SH SOLE 150 WIND RIVER SYS ORD COM 973149107 1,140 114,000 SH SOLE 91,400 22,600 WORTHINGTON INDS ORD COM 981811102 91 6,100 SH SOLE 6,100 YUM BRANDS ORD COM 988498101 13 400 SH SOLE 400 ZYGO ORD COM 989855101 732 58,200 SH SOLE 58,200 TALISMAN ENERGY ORD COM 87425E103 1,383 98,000 SH SOLE 98,000 CKE RESTAURANT ORD COM 12561E105 1,328 125,300 SH SOLE 105,600 19,700 VITRAN ORD COM 92850E107 621 46,500 SH SOLE 46,500 NCR ORD COM 62886E108 7 300 SH SOLE 300 BARCLAYS ADR COM 06738E204 2 70 SH SOLE 70 AES ORD COM 00130H105 6 500 SH SOLE 500 ADOBE SYS ORD COM 00724F101 146 3,700 SH SOLE 3,700 ADVANCE AUTO ORD COM 00751Y106 1,027 25,900 SH SOLE 25,900 ADV ENERGY INCM UN COM 00762L101 781 84,300 SH SOLE 84,300 AKAMAI TECH ORD COM 00971T101 3 200 SH SOLE 200 AMER SPEC RLTY ORD COM 02970Q203 11 350 SH SOLE 350 APPLD MICRO CIRC ORD COM 03822W406 801 134,000 SH SOLE 100,000 34,000 ARIBA ORD COM 04033V203 49 3,500 SH SOLE 3,500 ARRIS GROUP ORD COM 04269Q100 982 127,000 SH SOLE 127,000 BJS WHOLESALE ORD COM 05548J106 4 100 SH SOLE 100 BALLY TECHNOLOGIES ORD COM 05874B107 9 300 SH SOLE 300 BBVA DEPOSITORY RECEIPT COM 05946K101 30 1,850 SH SOLE 1,850 BIOGEN IDEC ORD COM 09062X103 35 700 SH SOLE 700 BIOVAIL ORD COM 09067J109 8 800 SH SOLE 800 BLACKROCK ORD COM 09247X101 19 100 SH SOLE 100 BLUE COAT SYS ORD COM 09534T508 23 1,600 SH SOLE 1,600 CA INC COM 12673P105 6 300 SH SOLE 300 CAMERON INTERNATIONAL ORD COM 13342B105 8 200 SH SOLE 200 CARDIOME PHARMA ORD COM 14159U202 373 50,500 SH SOLE 50,500 CELESTICA ORD COM 15101Q108 9,856 1,575,000 SH SOLE 1,534,600 40,400 CENTENNIAL COMM ORD COM 15133V208 797 127,800 SH SOLE 127,800 CHART SEMICON ADR COM 16133R106 181 67,900 SH SOLE 67,900 CLIFFS NATURAL RESOURCES INC COM 18683K101 193 3,650 SH SOLE 3,650 SID NACIONAL ADR COM 20440W105 230 10,800 SH SOLE 10,800 CONOCOPHILLIPS ORD COM 20825C104 7 100 SH SOLE 100 CORP EXEC BOARD ORD COM 21988R102 3 100 SH SOLE 100 CYBERSOURCE ORD COM 23251J106 1,147 71,200 SH SOLE 71,200 DELL ORD COM 24702R101 5 300 SH SOLE 300 DIGITAL RIVER ORD COM 25388B104 104 3,200 SH SOLE 3,200 DIRECTV ORD COM 25459L106 5 200 SH SOLE 200 DISCOVERY COMMUNICATIONS INC COM 25470F104 120 8,400 SH SOLE 8,400 DISH NETWORK COM 25470M109 132 6,300 SH SOLE 6,300 EOG RESOURCES ORD COM 26875P101 277 3,100 SH SOLE 3,100 ENCORE ACQUISITN ORD COM 29255W100 10 250 SH SOLE 250 Enterra Energy Units COM 29381P102 2,878 1,405,200 SH SOLE 1,405,200 EPICOR SOFTWARE ORD COM 29426L108 198 25,100 SH SOLE 500 24,600 ERESEARCHTECH ORD COM 29481V108 167 14,000 SH SOLE 14,000 FINISAR ORD COM 31787A101 87 86,200 SH SOLE 86,200 FST NIAGARA FINL STK COM 33582V108 1,394 88,500 SH SOLE 88,500 FIRSTSERVICE ORD COM 33761N109 55 3,800 SH SOLE 3,800 FLOWSERVE ORD COM 34354P105 9 100 SH SOLE 100 FOCUS MEDIA HLDG DEPOSITORY RECEIPT COM 34415V109 33 1,150 SH SOLE 1,150 FRANCE TELECOM ADR COM 35177Q105 20 700 SH SOLE 700 FUEL SYSTEMS SOLUTIONS ORD COM 35952W103 1,240 36,000 SH SOLE 36,000 FUJIFILM HOLDINGS ADR COM 35958N107 29 1,100 SH SOLE 1,100 GAMMON GOLD INC COM 36467T106 506 71,400 SH SOLE 71,400 GERDAU AMERISTL ORD COM 37373P105 2,187 227,100 SH SOLE 227,100 GLAXOSMITHKLINE ADR COM 37733W105 417 9,600 SH SOLE 9,600 GOOGLE ORD COM 38259P508 113 330 SH SOLE 330 CGI CLASS A ORD COM 39945C109 604 69,100 SH SOLE 69,100 HARRY WINSTON DIAMOND CORP COM 41587B100 2,349 178,610 SH SOLE 178,610 HARVEST ENERGY UN COM 41752X101 1,902 113,000 SH SOLE 113,000 HESS ORD COM 42809H107 181 2,200 SH SOLE 2,200 ITT EDUCATIONAL SERVICES INC COM 45068B109 16 200 SH SOLE 200 IGATE ORD COM 45169U105 1,010 116,500 SH SOLE 116,500 INFOGROUP INC COM 45670G108 5 700 SH SOLE 700 INTERDIGITAL INC COM 45867G101 1,242 51,650 SH SOLE 40,350 11,300 INTERSIL A ORD COM 46069S109 107 6,450 SH SOLE 6,450 INTUITIVE SURGCL ORD COM 46120E602 24 100 SH SOLE 100 INVITROGEN ORD COM 46185R100 1,244 32,900 SH SOLE 32,900 JUNIPER NETWRKS ORD COM 48203R104 88 4,200 SH SOLE 4,200 LAWSON SOFTWARE ORD COM 52078P102 6 800 SH SOLE 800 LIFEPOINT HOSPTL ORD COM 53219L109 1,125 35,000 SH SOLE 35,000 MDS ORD COM 55269P302 10 800 SH SOLE 800 MARVEL ENTRTNMNT ORD COM 57383T103 1,683 49,300 SH SOLE 41,900 7,400 MASTERCARD CL A ORD COM 57636Q104 390 2,200 SH SOLE 2,200 MCKESSON CORP ORD COM 58155Q103 5 100 SH SOLE 100 METHANEX ORD COM 59151K108 4,289 219,000 SH SOLE 219,000 MONSANTO ORD COM 61166W101 416 4,200 SH SOLE 4,200 MOSAIC ORD COM 61945A107 292 4,300 SH SOLE 4,300 NETAPP INC COM 64110D104 21 1,150 SH SOLE 1,150 NEXEN ORD COM 65334H102 4,390 189,200 SH SOLE 173,400 15,800 NOVARTIS ADR COM 66987V109 444 8,400 SH SOLE 8,400 NUANCE COMMUNICATIONS ORD COM 67020Y100 84 6,900 SH SOLE 6,900 OLYMPIC STEEL ORD COM 68162K106 6 200 SH SOLE 200 1800FLOWERS.COM COM 68243Q106 4 700 SH SOLE 700 ONEOK PARTNERS UNT COM 68268N103 5 100 SH SOLE 100 OPEN JT STK CO-VIMPEL COMMUN COM 68370R109 295 14,550 SH SOLE 14,550 ORACLE ORD COM 68389X105 8 400 SH SOLE 400 PC TEL ORD COM 69325Q105 820 88,000 SH SOLE 88,000 PDL BIOPHARMA ORD COM 69329Y104 970 104,200 SH SOLE 104,200 PMC SIERRA ORD COM 69344F106 1,073 144,550 SH SOLE 144,550 PRG-SCHULTZ INTERNATIONAL ORD COM 69357C503 1,086 121,200 SH SOLE 121,200 PANERA BREAD A ORD COM 69840W108 1,346 26,450 SH SOLE 26,450 PETROBRAS DEPOSITORY RECEIPT COM 71654V408 334 7,600 SH SOLE 7,600 POLYONE ORD COM 73179P106 2 300 SH SOLE 300 POTASH SASKATCHE ORD COM 73755L107 3,067 23,650 SH SOLE 21,250 2,400 PRAXAIR ORD COM 74005P104 14 200 SH SOLE 200 T ROWE PRICE GP ORD COM 74144T108 5 100 SH SOLE 100 PRIMEDIA ORD COM 74157K846 690 284,050 SH SOLE 284,050 PROVIDENT ENERGY UN COM 74386K104 17 1,900 SH SOLE 1,900 QUEST SOFTWARE ORD COM 74834T103 990 78,000 SH SOLE 78,000 REPSOL YPF ADR COM 76026T205 362 12,200 SH SOLE 12,200 SANOFI-AVENTIS ADR COM 80105N105 20 600 SH SOLE 600 SHAW COMMUNICATIONS CLASS B ORD COM 82028K200 174 8,600 SH SOLE 8,600 SOHU COM ORD COM 83408W103 507 9,100 SH SOLE 9,100 TD AMERITRADE ORD COM 87236Y108 7 400 SH SOLE 400 TIBCO SOFTWARE ORD COM 88632Q103 1,068 145,900 SH SOLE 145,900 TRANSALTA ORD COM 89346D107 239 8,900 SH SOLE 8,900 TRANSCANADA CORP ORD COM 89353D107 4,054 113,050 SH SOLE 112,500 550 TREX ORD COM 89531P105 1,335 73,700 SH SOLE 73,700 TRIQUINT SEMI ORD COM 89674K103 810 169,100 SH SOLE 169,100 UTD THERAPEUT ORD COM 91307C102 1,304 12,400 SH SOLE 12,400 UNUM GROUP COM 91529Y106 166 6,600 SH SOLE 6,600 WALTER INDS ORD COM 93317Q105 45 950 SH SOLE 950 YAMANA GOLD ORD COM 98462Y100 352 42,800 SH SOLE 42,800 AMDOCS ORD COM G02602103 378 13,800 SH SOLE 13,800 ARCH CAPITAL GP ORD COM G0450A105 1,797 24,604 SH SOLE 21,004 3,600 ACCENTURE ORDINARY A COM G1150G111 701 18,450 SH SOLE 18,450 BUNGE LTD ORD COM G16962105 284 4,500 SH SOLE 4,500 CHIPMOS TECH ORD COM G2110R106 185 108,900 SH SOLE 108,900 FOSTER WHEELER ORD COM G36535139 90 2,500 SH SOLE 2,500 FRONTLINE ORD COM G3682E127 437 9,100 SH SOLE 9,100 GLOBAL SOURCES ORD COM G39300101 302 29,950 SH SOLE 29,950 MARVELL TECHNLGY ORD COM G5876H105 100 10,800 SH SOLE 10,800 OPENTV ORD COM G67543101 21 15,000 SH SOLE 15,000 PARTNERRE ORD COM G6852T105 20 300 SH SOLE 300 PLATINUM UNDERWR ORD COM G7127P100 1,281 36,100 SH SOLE 36,100 UTI WORLDWIDE ORD COM G87210103 32 1,900 SH SOLE 1,900 TSAKOS ENERGY ORD COM G9108L108 400 13,500 SH SOLE 13,500 TYCO INTL ORD COM G9143X208 4 100 SH SOLE 100 ACE ORD COM H0023R105 65 1,200 SH SOLE 1,200 ALCON ORD COM H01301102 436 2,700 SH SOLE 2,700 LOGITECH INTERNATIONAL ORD COM H50430232 264 11,300 SH SOLE 11,300 AUDIOCODES ORD COM M15342104 298 118,450 SH SOLE 118,450 CHECK PT SFTWRE ORD COM M22465104 409 18,000 SH SOLE 18,000 GIVEN IMAGING ORD COM M52020100 259 23,250 SH SOLE 23,250 EXCEL MARITIME ORD COM V3267N107 226 15,000 SH SOLE 15,000 DRYSHIPS ORD COM Y2109Q101 238 6,700 SH SOLE 6,700 FLEXTRONICS INTL ORD COM Y2573F102 24 3,450 SH SOLE 3,450 STAR BULK CARRIERS CORP COM Y8162K105 21 3,050 SH SOLE 3,050 TEEKAY CORPORATION COM Y8564W103 269 10,200 SH SOLE 10,200