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
AETNA INC COM 00817Y108 1,240 9,700 SH   SOLE   3,600 0 6,100
AFLAC INC COM 001055102 1,773 28,463 SH   SOLE   7,000 0 21,463
AFLAC INC COM 001055102 2,971 47,700 SH   DFND 1 0 0 47,700
AGCO CORP COM 001084102 1,228 22,119 SH   SOLE   8,619 0 13,500
ALLSTATE C COM 020002101 857 13,100 SH   SOLE   6,500 0 6,600
ALLSTATE C COM 020002101 2,702 41,300 SH   DFND 1 0 0 41,300
AMERICAN F COM 025932104 3,042 47,400 SH   DFND 1 0 0 47,400
AMERICAN I COM 026874784 1,962 31,713 SH   SOLE   7,400 0 24,313
AMERICAN I COM 026874784 3,359 54,300 SH   DFND 1 0 0 54,300
AON PLC COM G0408V102 1,147 11,500 SH   SOLE   0 0 11,500
ARCHER-DAN COM 039483102 203 4,150 SH   SOLE   0 0 4,150
ASSURANT I COM 04621X108 1,731 26,267 SH   SOLE   6,600 0 19,667
AU OPTRONI ADR 002255107 211 47,700 SH   SOLE   0 0 47,700
AVNET INC COM 053807103 1,017 24,756 SH   SOLE   9,800 0 14,956
BANK OF MO COM 063671101 3,116 52,382 SH   SOLE   18,900 0 33,482
BANK OF MO COM 063671101 2,549 42,863 SH   DFND 1 0 0 42,863
BED BATH & COM 075896100 786 11,300 SH   SOLE   2,300 0 9,000
BLACKSTONE MLP 09253U108 618 15,200 SH   SOLE   0 0 15,200
BROCADE CO COM 111621306 449 37,429 SH   SOLE   0 0 37,429
CA INC COM 12673P105 609 20,964 SH   SOLE   14,434 0 6,530
CAN IMPERI COM 136069101 3,264 44,146 SH   SOLE   15,200 0 28,946
CAN IMPERI COM 136069101 2,632 35,600 SH   DFND 1 0 0 35,600
CANADIAN N COM 136385101 1,996 74,100 SH   SOLE   0 0 74,100
CAPITAL ON COM 14040H105 1,464 16,600 SH   SOLE   5,200 0 11,400
CATERPILLA COM 149123101 1,058 12,400 SH   SOLE   5,000 0 7,400
CELESTICA COM 15101Q108 3,187 276,228 SH   SOLE   89,800 0 186,428
CELESTICA COM 15101Q108 2,635 228,400 SH   DFND 1 0 0 228,400
CHICAGO BR COM 167250109 626 12,600 SH   SOLE   0 0 12,600
CISCO SYST COM 17275R102 1,167 42,492 SH   SOLE   0 0 42,492
CUMMINS IN COM 231021106 1,372 10,399 SH   SOLE   3,200 0 7,199
CUMMINS IN COM 231021106 2,972 22,521 SH   DFND 1 0 0 22,521
DANA HOLDI COM 235825205 1,489 72,700 SH   SOLE   20,000 0 52,700
DEERE & CO COM 244199105 219 2,280 SH   SOLE   0 0 2,280
DELUXE COR COM 248019101 441 7,222 SH   SOLE   0 0 7,222
DILLARDS I COM 254067101 1,540 14,594 SH   SOLE   3,700 0 10,894
DILLARDS I COM 254067101 2,322 22,000 SH   DFND 1 0 0 22,000
DOMTAR COR COM 257559203 690 16,600 SH   SOLE   0 0 16,600
DOVER CORP COM 260003108 889 12,600 SH   SOLE   0 0 12,600
DOVER CORP COM 260003108 3,124 44,300 SH   DFND 1 0 0 44,300
EASTMAN CH COM 277432100 780 9,526 SH   SOLE   0 0 9,526
EASTMAN CH COM 277432100 3,480 42,500 SH   DFND 1 0 0 42,500
EMERSON EL COM 291011104 1,676 30,075 SH   SOLE   7,300 0 22,775
ENCANA COR COM 292505104 665 61,400 SH   SOLE   0 0 61,400
EVEREST RE COM G3223R108 1,345 7,535 SH   SOLE   0 0 7,535
FIFTH THIR COM 316773100 805 38,700 SH   SOLE   21,700 0 17,000
FLOWSERVE COM 34354P105 629 11,987 SH   SOLE   0 0 11,987
FLUOR CORP COM 343412102 1,233 23,400 SH   SOLE   7,800 0 15,600
FOOT LOCKE COM 344849104 1,188 17,777 SH   SOLE   6,800 0 10,977
FOSSIL GRO COM 34988V106 410 5,900 SH   SOLE   0 0 5,900
FRONTIER C COM 35906A108 371 75,300 SH   SOLE   0 0 75,300
GENERAL EL COM 369604103 763 28,500 SH   SOLE   15,900 0 12,600
GILEAD SCI COM 375558103 1,917 16,296 SH   SOLE   3,903 0 12,393
GOLDMAN SA COM 38141G104 1,433 6,847 SH   SOLE   2,056 0 4,791
HARLEY-DAV COM 412822108 220 3,900 SH   SOLE   0 0 3,900
HILLENBRAN COM 431571108 569 18,807 SH   SOLE   0 0 18,807
HOLLYFRONT COM 436106108 1,318 31,224 SH   SOLE   0 0 31,224
INGREDION COM 457187102 554 6,866 SH   SOLE   0 0 6,866
INTEL CORP COM 458140100 810 26,500 SH   SOLE   12,800 0 13,700
INTERNATIO COM 460146103 796 16,666 SH   SOLE   8,332 0 8,334
INTL BUSIN COM 459200101 1,765 10,812 SH   SOLE   2,600 0 8,212
INTL BUSIN COM 459200101 3,068 18,800 SH   DFND 1 0 0 18,800
JOHNSON & COM 478160104 672 6,867 SH   SOLE   0 0 6,867
JPMORGAN C COM 46625H100 1,446 21,500 SH   SOLE   6,700 0 14,800
JPMORGAN C COM 46625H100 3,349 49,800 SH   DFND 1 0 0 49,800
KENNAMETAL COM 489170100 405 12,000 SH   SOLE   0 0 12,000
KOHLS CORP COM 500255104 1,640 26,164 SH   SOLE   6,700 0 19,464
KOHLS CORP COM 500255104 2,464 39,300 SH   DFND 1 0 0 39,300
LEAR CORP COM 521865204 1,165 10,400 SH   SOLE   0 0 10,400
LINCOLN NA COM 534187109 1,843 31,100 SH   SOLE   7,600 0 23,500
LOGITECH I COM H50430232 6,045 413,097 SH   SOLE   56,343 0 356,754
LYONDELLBA COM N53745100 1,140 10,963 SH   SOLE   4,200 0 6,763
MAGNA INTE COM 559222401 4,362 78,190 SH   SOLE   19,600 0 58,590
MAGNA INTE COM 559222401 2,745 49,200 SH   DFND 1 0 0 49,200
MANULIFE F COM 56501R106 825 44,600 SH   SOLE   0 0 44,600
MARATHON P COM 56585A102 1,605 30,600 SH   SOLE   8,400 0 22,200
MARVELL TE COM G5876H105 1,152 86,858 SH   SOLE   30,800 0 56,058
MENTOR GRA COM 587200106 480 18,200 SH   SOLE   0 0 18,200
METLIFE IN COM 59156R108 1,928 34,485 SH   SOLE   8,300 0 26,185
MICRON TEC COM 595112103 768 41,100 SH   SOLE   0 0 41,100
NATIONAL O COM 637071101 1,531 31,900 SH   SOLE   8,900 0 23,000
PARKER HAN COM 701094104 280 2,400 SH   SOLE   0 0 2,400
PRUDENTIAL COM 744320102 1,665 19,100 SH   SOLE   5,200 0 13,900
QUALCOMM I COM 747525103 1,597 25,300 SH   SOLE   6,300 0 19,000
REINSURANC COM 759351604 1,849 19,598 SH   SOLE   4,600 0 14,998
SANDERSON COM 800013104 923 12,433 SH   SOLE   5,435 0 6,998
SOUTHWEST COM 844741108 892 26,600 SH   SOLE   0 0 26,600
STAPLES IN COM 855030102 426 27,800 SH   SOLE   0 0 27,800
SUN LIFE F COM 866796105 969 29,100 SH   SOLE   0 0 29,100
SYMANTEC C COM 871503108 424 18,244 SH   SOLE   0 0 18,244
TECH DATA COM 878237106 1,016 17,300 SH   SOLE   0 0 17,300
TECK RESOU COM 878742204 3,062 306,585 SH   SOLE   99,800 0 206,785
TECK RESOU COM 878742204 1,941 194,300 SH   DFND 1 0 0 194,300
TIMKEN CO COM 887389104 1,179 32,316 SH   SOLE   11,100 0 21,216
TIMKEN CO COM 887389104 2,684 73,600 SH   DFND 1 0 0 73,600
TORCHMARK COM 891027104 1,138 19,698 SH   SOLE   7,675 0 12,023
TOWER SEMI COM M87915274 226 14,834 SH   SOLE   0 0 14,834
TRAVELERS COM 89417E109 1,020 10,574 SH   SOLE   4,300 0 6,274
TRINITY IN COM 896522109 1,534 57,408 SH   SOLE   14,568 0 42,840
TYSON FOOD COM 902494103 1,656 38,120 SH   SOLE   10,200 0 27,920
TYSON FOOD COM 902494103 3,392 78,100 SH   DFND 1 0 0 78,100
UNITED MIC ADR 910873405 219 114,044 SH   SOLE   0 0 114,044
UNITED MIC ADR 910873405 1,775 923,300 SH   DFND 1 0 0 923,300
UNITEDHEAL COM 91324P102 1,873 15,288 SH   SOLE   3,600 0 11,688
UNITEDHEAL COM 91324P102 3,174 25,900 SH   DFND 1 0 0 25,900
UNUM GROUP COM 91529Y106 896 25,100 SH   SOLE   12,400 0 12,700
VALERO ENE COM 91913Y100 947 15,000 SH   SOLE   7,400 0 7,600
VALMONT IN COM 920253101 554 4,700 SH   SOLE   0 0 4,700
VIACOM INC COM 92553P201 1,276 19,800 SH   SOLE   0 0 19,800
VISHAY INT COM 928298108 887 76,100 SH   SOLE   0 0 76,100
WAL-MART S COM 931142103 406 5,700 SH   SOLE   0 0 5,700
WESCO INTE COM 95082P105 841 12,200 SH   SOLE   6,000 0 6,200
WESTERN DI COM 958102105 740 9,192 SH   SOLE   4,460 0 4,732
WESTERN UN COM 959802109 1,776 87,228 SH   SOLE   19,821 0 67,407
WESTERN UN COM 959802109 3,035 149,100 SH   DFND 1 0 0 149,100