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
ACTAVIS INC COM 00507K103 4,452 35,270 SH   SOLE 0 25,850 9,420 9
ACTUANT CORP.-A COM 00508X203 5,720 173,492 SH   SOLE 0 106,756 66,736 21
ADV ENERGY INDS COM 007973100 8,327 478,282 SH   SOLE 0 294,100 184,182 21
AGCO CORP. COM 001084102 3,883 77,358 SH   SOLE 0 56,588 20,770 9
AGILENT TECH INC. COM 00846U101 2,049 47,925 SH   SOLE 0 35,082 12,843 9
AMEREN CORP. COM 023608102 1,884 54,710 SH   SOLE 0 40,020 14,690 9
AMERISAFE INC. COM 03071H100 6,642 205,115 SH   SOLE 0 126,154 78,961 21
AMSURG CORP. COM 03232P405 4,425 126,073 SH   SOLE 0 77,562 48,511 21
ARROW ELECTRONIC COM 042735100 3,372 84,612 SH   SOLE 0 61,885 22,727 9
ASSURANT INC. COM 04621X108 3,002 58,960 SH   SOLE 0 43,140 15,820 9
ASTEC INDUSTRIES COM 046224101 5,248 153,034 SH   SOLE 0 94,157 58,877 21
ASTORIA FINL COM 046265104 3,249 301,409 SH   SOLE 0 185,426 115,983 21
AUTONATION INC. COM 05329W102 2,835 65,348 SH   SOLE 0 47,796 17,552 9
AVISTA CORP. COM 05379B107 4,930 182,439 SH   SOLE 0 112,234 70,205 21
BECTON DICKINSON COM 075887109 2,462 24,916 SH   SOLE 0 18,226 6,690 9
BED BATH &BEYOND COM 075896100 3,137 44,210 SH   SOLE 0 32,350 11,860 9
BELDEN INC. COM 077454106 7,397 148,147 SH   SOLE 0 91,164 56,983 21
BENCHMARK ELECTR COM 08160H101 7,166 356,518 SH   SOLE 0 219,343 137,175 21
BIO-REFER LABS COM 09057G602 5,254 182,747 SH   SOLE 0 112,400 70,347 21
BROCADE COMM SYS COM 111621306 1,979 343,510 SH   SOLE 0 251,830 91,680 9
CABELAS INC. COM 126804301 7,543 116,471 SH   SOLE 0 71,610 44,861 21
CAPITAL ONE FINA COM 14040H105 4,200 66,870 SH   SOLE 0 48,910 17,960 9
CAPITALSOURCE IN COM 14055X102 6,028 642,642 SH   SOLE 0 395,320 247,322 21
CARDINAL HEALTH COM 14149Y108 2,308 48,900 SH   SOLE 0 35,850 13,050 9
CHICOS FAS INC. COM 168615102 2,780 162,942 SH   SOLE 0 119,202 43,740 9
CIGNA CORP. COM 125509109 3,569 49,230 SH   SOLE 0 36,020 13,210 9
CIMAREX ENERGY C COM 171798101 2,373 36,510 SH   SOLE 0 26,710 9,800 9
COLUMBIA BANKING COM 197236102 7,948 333,805 SH   SOLE 0 205,375 128,430 21
CONSTANT CONTACT COM 210313102 5,031 313,044 SH   SOLE 0 192,470 120,574 21
CONSTELLATION-A COM 21036P108 2,212 42,438 SH   SOLE 0 31,099 11,339 9
CORNING INC. COM 219350105 3,114 218,800 SH   SOLE 0 160,340 58,460 9
CSG SYSTEMS INTL COM 126349109 5,590 256,703 SH   SOLE 0 157,938 98,765 21
CYTEC INDS COM 232820100 10,031 136,937 SH   SOLE 0 89,349 47,588 30
DICKS SPORTING COM 253393102 2,634 52,610 SH   SOLE 0 38,480 14,130 9
DISCOVER FINANCI COM 254709108 5,804 121,840 SH   SOLE 0 89,120 32,720 9
DTE ENERGY CO COM 233331107 2,193 32,724 SH   SOLE 0 23,934 8,790 9
DYCOM INDS COM 267475101 6,372 275,371 SH   SOLE 0 169,420 105,951 21
ELEC FOR IMAGING COM 286082102 8,971 317,112 SH   SOLE 0 195,119 121,993 21
EMCOR GROUP INC. COM 29084Q100 5,046 124,128 SH   SOLE 0 76,378 47,750 21
ENERSYS COM 29275Y102 9,573 195,218 SH   SOLE 0 120,102 75,116 21
ENTROPIC COMMUNI COM 29384R105 4,212 986,300 SH   SOLE 0 606,583 379,717 21
FEI COMPANY COM 30241L109 7,228 98,980 SH   SOLE 0 60,870 38,110 21
FIFTH THIRD BANC COM 316773100 2,827 156,600 SH   SOLE 0 114,560 42,040 9
FIRST SOLAR INC. COM 336433107 5,474 122,165 SH   SOLE 0 75,085 47,080 21
FIRSTENERGY CORP. COM 337932107 1,460 39,100 SH   SOLE 0 28,620 10,480 9
FLIR SYSTEMS COM 302445101 2,354 87,280 SH   SOLE 0 64,000 23,280 9
GATX CORP. COM 361448103 6,500 137,049 SH   SOLE 0 84,320 52,729 21
GENESCO INC. COM 371532102 10,581 157,946 SH   SOLE 0 97,154 60,792 21
GENTEX CORP. COM 371901109 2,895 125,610 SH   SOLE 0 92,070 33,540 9
GENWORTH FINANCI COM 37247D106 2,482 217,540 SH   SOLE 0 159,510 58,030 9
GREATBATCH INC. COM 39153L106 5,542 169,019 SH   SOLE 0 103,949 65,070 21
GREEN MOUNTAIN COM 393122106 4,109 54,630 SH   SOLE 0 40,050 14,580 9
GROUP 1 AUTOMOTI COM 398905109 9,555 148,528 SH   SOLE 0 91,370 57,158 21
HARMAN INTL COM 413086109 2,973 54,860 SH   SOLE 0 40,180 14,680 9
HCC INSURANCE COM 404132102 12,731 295,313 SH   SOLE 0 195,078 100,235 30
HELMERICH & PAYN COM 423452101 6,042 96,755 SH   SOLE 0 59,528 37,227 21
IBERIABANK CORP. COM 450828108 5,915 110,328 SH   SOLE 0 67,874 42,454 21
INTL GAME TECH COM 459902102 3,398 203,360 SH   SOLE 0 148,760 54,600 9
IXIA COM 45071R109 5,397 293,311 SH   SOLE 0 180,357 112,954 21
J2 GLOBAL INC COM 48123V102 7,853 184,733 SH   SOLE 0 113,657 71,076 21
JACK HENRY COM 426281101 6,788 144,025 SH   SOLE 0 88,625 55,400 21
JANUS CAPITAL GR COM 47102X105 4,892 574,810 SH   SOLE 0 353,520 221,290 21
JONES GROUP INC. COM 48020T101 6,182 449,610 SH   SOLE 0 276,430 173,180 21
KBR INC. COM 48242W106 2,280 70,140 SH   SOLE 0 51,310 18,830 9
KEYCORP. COM 493267108 4,046 366,460 SH   SOLE 0 268,070 98,390 9
KINDRED HEALTHCA COM 494580103 7,196 548,022 SH   SOLE 0 337,246 210,776 21
KLA-TENCOR CORP. COM 482480100 2,559 45,920 SH   SOLE 0 33,660 12,260 9
LA-Z-BOY INC. COM 505336107 2,738 135,100 SH   SOLE 0 82,990 52,110 21
LEAR CORP. COM 521865204 2,589 42,820 SH   SOLE 0 31,340 11,480 9
LIFEPOINT HOSPIT COM 53219L109 7,338 150,252 SH   SOLE 0 92,434 57,818 21
LINC.OLN NATL CRP COM 534187109 3,910 107,203 SH   SOLE 0 78,427 28,776 9
LITHIA MOTORS-A COM 536797103 9,907 185,836 SH   SOLE 0 114,327 71,509 21
M & T BK CORP COM COM 55261F104 3,969 35,520 SH   SOLE 0 25,990 9,530 9
MACYS INC. COM 55616P104 4,263 88,810 SH   SOLE 0 64,960 23,850 9
MENS WEARHOUSE COM 587118100 779 20,570 SH   SOLE 0 12,629 7,941 21
MENTOR GRAPHICS COM 587200106 6,088 311,405 SH   SOLE 0 191,579 119,826 21
MICROSEMI CORP. COM 595137100 4,376 192,350 SH   SOLE 0 118,370 73,980 21
MOLSON COORS-B COM 60871R209 2,536 52,980 SH   SOLE 0 38,840 14,140 9
NETAPP INC. COM 64110D104 3,384 89,560 SH   SOLE 0 65,630 23,930 9
NETSCOUT SYSTEMS COM 64115T104 4,605 197,311 SH   SOLE 0 121,375 75,936 21
NEWPARK RES INC COM 651718504 6,377 580,226 SH   SOLE 0 357,074 223,152 21
OIL STATES INTL COM 678026105 7,998 86,331 SH   SOLE 0 53,055 33,276 21
OMNIVISION TECH COM 682128103 8,677 465,234 SH   SOLE 0 286,124 179,110 21
OWENS-ILLINOIS COM 690768403 2,296 82,602 SH   SOLE 0 60,415 22,187 9
PAREXEL INTL COM 699462107 5,211 113,348 SH   SOLE 0 69,723 43,625 21
PARKER HANNIFIN COM 701094104 2,641 27,680 SH   SOLE 0 20,260 7,420 9
PATTERSON-UTI COM 703481101 2,067 106,790 SH   SOLE 0 78,130 28,660 9
PERKINELMER INC. COM 714046109 2,604 80,110 SH   SOLE 0 58,610 21,500 9
PHARMERICA CORP. COM 71714F104 7,505 541,483 SH   SOLE 0 333,158 208,325 21
PLANTRONICS INC. COM 727493108 8,175 186,124 SH   SOLE 0 114,563 71,561 21
PNM RESOURCES COM 69349H107 4,405 198,530 SH   SOLE 0 122,156 76,374 21
PROASSURANCE COR COM 74267C106 5,030 96,440 SH   SOLE 0 59,330 37,110 21
PROSPECT CAPITAL COM 74348T102 7,193 666,052 SH   SOLE 0 409,797 256,255 21
PROTECTIVE LIFE COM 743674103 4,490 116,896 SH   SOLE 0 85,515 31,381 9
QLOGIC CORP. COM 747277101 4,230 442,502 SH   SOLE 0 272,128 170,374 21
QUEST DIAGNOSTICS INC COM COM 74834L100 2,629 43,357 SH   SOLE 0 31,721 11,636 9
RAYMOND JAMES COM 754730109 3,463 80,570 SH   SOLE 0 58,960 21,610 9
RAYTHEON CO COM 755111507 3,213 48,590 SH   SOLE 0 35,580 13,010 9
RED ROBIN GOURME COM 75689M101 7,734 140,158 SH   SOLE 0 86,233 53,925 21
REGIONS FINANCIAL CORP NEW COM COM 7591EP100 3,097 325,020 SH   SOLE 0 238,200 86,820 9
RLI CORP. COM 749607107 5,153 67,435 SH   SOLE 0 41,496 25,939 21
ROVI CORP. COM 779376102 8,814 385,895 SH   SOLE 0 237,425 148,470 21
SANDISK CORP. COM 80004C101 4,784 78,300 SH   SOLE 0 57,410 20,890 9
SELECT INS GRP COM 816300107 5,355 232,626 SH   SOLE 0 143,148 89,478 21
SEMPRA ENERGY COM 816851109 3,037 37,140 SH   SOLE 0 27,170 9,970 9
SOUTHWEST AIR COM 844741108 4,053 314,420 SH   SOLE 0 230,000 84,420 9
STANLEY BLACK & COM 854502101 2,995 38,740 SH   SOLE 0 28,320 10,420 9
STAPLES INC. COM 855030102 3,587 226,040 SH   SOLE 0 165,710 60,330 9
STIFEL FINANCIAL COM 860630102 3,242 90,890 SH   SOLE 0 66,640 24,250 9
SUSSER HOLDINGS COM 869233106 8,910 186,095 SH   SOLE 0 114,489 71,606 21
SYNOPSYS INC. COM 871607107 3,479 97,319 SH   SOLE 0 71,191 26,128 9
TCF FINL CORP. COM 872275102 2,216 156,242 SH   SOLE 0 114,296 41,946 9
TELEDYNE TECH COM 879360105 7,254 93,784 SH   SOLE 0 57,691 36,093 21
TERADYNE INC. COM 880770102 3,124 177,830 SH   SOLE 0 130,090 47,740 9
TESORO CORP. COM 881609101 3,647 69,700 SH   SOLE 0 51,070 18,630 9
TETRA TECH INC. COM 88162G103 7,540 320,708 SH   SOLE 0 197,361 123,347 21
TOTAL SYS SERVS COM 891906109 2,789 113,940 SH   SOLE 0 83,530 30,410 9
TRINITY INDUSTRI COM 896522109 4,705 122,410 SH   SOLE 0 89,730 32,680 9
TRIUMPH GROUP COM 896818101 9,184 116,028 SH   SOLE 0 71,380 44,648 21
UNITED BANKSHS COM 909907107 5,697 215,395 SH   SOLE 0 132,537 82,858 21
VALERO ENERGY COM 91913Y100 2,527 72,680 SH   SOLE 0 53,260 19,420 9
VALSPAR CORP. COM 920355104 3,178 49,138 SH   SOLE 0 36,017 13,121 9
VALUECLICK INC. COM 92046N102 7,905 319,911 SH   SOLE 0 196,807 123,104 21
VERIFONE SYSTEMS COM 92342Y109 1,964 116,820 SH   SOLE 0 85,460 31,360 9
WASHINGTON FEDERAL INC COM 938824109 6,034 319,575 SH   SOLE 0 196,646 122,929 21
WEBSTER FINL COM 947890109 5,897 229,650 SH   SOLE 0 141,290 88,360 21
WELLPOINT INC. COM 94973V107 3,935 48,077 SH   SOLE 0 35,247 12,830 9
WESTERN DIGITAL COM 958102105 3,575 57,570 SH   SOLE 0 42,180 15,390 9
WEX INC COM 96208T104 6,610 86,181 SH   SOLE 0 53,019 33,162 21
WILLIAMS-SONOMA COM 969904101 3,311 59,240 SH   SOLE 0 43,430 15,810 9
WORTHINGTON INDS COM 981811102 7,497 236,410 SH   SOLE 0 145,470 90,940 21
WR BERKLEY CORP. COM 084423102 3,670 89,810 SH   SOLE 0 65,690 24,120 9
ZIMMER HLDGS COM 98956P102 2,562 34,190 SH   SOLE 0 25,010 9,180 9