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
KBS REAL ESTATE INVT TR REIT # COM 2344711 1,250 276,596 SH   SOLE 0 0 0 276,596
AMERICAN AIRLS GROUP INC COM 02376R102 1,299 32,530 SH   SOLE 0 0 0 32,530
APPLE COMPUTER INC COM 037833100 2,037 16,241 SH   SOLE 0 70 0 16,171
ACCENTURE PLC CL A F COM G1151C101 2,169 22,409 SH   SOLE 0 0 0 22,409
ARCHER-DANIELS-MIDLND CO COM 039483102 808 16,760 SH   SOLE 0 0 0 16,760
ANTHEM INC COM 036752103 1,915 11,666 SH   SOLE 0 0 0 11,666
ARROWHEAD RESEARCH CORP COM 042797209 86 12,000 SH   SOLE 0 0 0 12,000
ON ASSIGNMENT INC COM 682159108 1,882 47,925 SH   SOLE 0 0 0 47,925
BOEING CO COM 097023105 291 2,000 SH   SOLE 0 0 0 2,000
BOOZ ALLEN HAMILTON HOLDING CORP COM 099502106 1,243 49,235 SH   SOLE 0 0 0 49,235
BLACKBERRY LTD F COM 09228F103 628 76,720 SH   SOLE 0 0 0 76,720
BIODELIVERY SCIENCES INTL COM 09060J106 81 10,205 SH   SOLE 0 0 0 10,205
BIOGEN IDEC INC COM 09062X103 877 2,202 SH   SOLE 0 0 0 2,202
BROADRIDGE FINL SOLUTION COM 11133T103 1,109 22,185 SH   SOLE 0 0 0 22,185
BROCADE COMMUNS SYS NEW COM 111621306 1,418 119,330 SH   SOLE 0 0 0 119,330
ANHEUSER-BUSCH INBEV ADR F COM 03524A108 1,074 8,899 SH   SOLE 0 0 0 8,899
CITIGROUP INC COM 172967424 555 10,039 SH   SOLE 0 0 0 10,039
CARDINAL HEALTH INC COM 14149Y108 1,413 16,895 SH   SOLE 0 0 0 16,895
CBRE GROUP INC COM 12504L109 1,389 37,545 SH   SOLE 0 0 0 37,545
CRACKER BARREL OLD CTRY STORE COM 22410J106 229 1,535 SH   SOLE 0 0 0 1,535
CHASE CORP COM 16150R104 584 14,685 SH   SOLE 0 0 0 14,685
C.H. ROBINSON COM 12541W209 1,308 20,966 SH   SOLE 0 0 0 20,966
COLGATE-PALMOLIVE CO COM 194162103 269 4,108 SH   SOLE 0 0 0 4,108
CLOROX COMPANY COM 189054109 261 2,505 SH   SOLE 0 0 0 2,505
COMCAST CORP NEW COM 20030N101 1,313 21,840 SH   SOLE 0 0 0 21,840
COMPASS MINERALS INTERNATIONAL COM 20451N101 934 11,375 SH   SOLE 0 0 0 11,375
CAPITAL ONE FINANCIAL CP COM 14040H105 1,257 14,290 SH   SOLE 0 0 0 14,290
CVS CAREMARK CORP COM 126650100 2,137 20,379 SH   SOLE 0 0 0 20,379
COMMUNITY HEALTH SYSTEMS COM 203668108 1,494 23,725 SH   SOLE 0 0 0 23,725
CYTOKINETICS INC COM 23282W605 77 11,526 SH   SOLE 0 0 0 11,526
DILLARDS INC CL A COM 254067101 690 6,564 SH   SOLE 0 0 0 6,564
DEERE & CO COM 244199105 1,088 11,210 SH   SOLE 0 0 0 11,210
DESTINATION MATERNITY CORP COM 25065D100 1,000 85,788 SH   SOLE 0 0 0 85,788
DIGITAL REALTY TRUST INC REIT COM 253868103 263 3,950 SH   SOLE 0 0 0 3,950
DOVER CORPORATION COM 260003108 671 9,560 SH   SOLE 0 0 0 9,560
AMDOCS LIMITED F COM G02602103 1,063 19,465 SH   SOLE 0 0 0 19,465
DR PEPPER SNAPPLE GROUP COM 26138E109 1,820 24,968 SH   SOLE 0 0 0 24,968
DRAGONWAVE INC F COM 26144M103 28 52,575 SH   SOLE 0 0 0 52,575
ESTEE LAUDER CO., INC. COM 518439104 1,346 15,534 SH   SOLE 0 0 0 15,534
ENTERPRISE PRODUCT PARTNERS LP COM 293792107 345 11,540 SH   SOLE 0 0 0 11,540
WISDOMTREE INDIA EARNING COM 97717W422 972 44,875 SH   SOLE 0 0 0 44,875
EXPEDITORS INTL WASH COM 302130109 825 17,890 SH   SOLE 0 0 0 17,890
EZCHIP SEMICONDUCTOR F COM M4146Y108 934 58,495 SH   SOLE 0 0 0 58,495
F5 NETWORKS INC COM 315616102 1,333 11,080 SH   SOLE 0 0 0 11,080
FOOT LOCKER INC COM 344849104 1,463 21,840 SH   SOLE 0 0 0 21,840
FOSSIL GROUP INC COM 34988V106 519 7,489 SH   SOLE 0 0 0 7,489
FMC TECHNOLOGIES INC COM 30249U101 1,245 30,010 SH   SOLE 0 0 0 30,010
GILEAD SCIENCES INC COM 375558103 1,733 14,805 SH   SOLE 0 0 0 14,805
W.W. GRAINGER INC COM 384802104 697 2,945 SH   SOLE 0 0 0 2,945
HCP INC REIT COM 40414L109 338 9,280 SH   SOLE 0 0 0 9,280
HOME DEPOT INC COM 437076102 267 2,400 SH   SOLE 0 0 0 2,400
HENDERSON EUROPEAN FOCUS CL I COM 425067642 2,540 69,242 SH   SOLE 0 0 0 69,242
HOWARD HUGHES CORP COM 44267D107 624 4,350 SH   SOLE 0 0 0 4,350
HARLEY DAVIDSON INC COM 412822108 1,246 22,115 SH   SOLE 0 0 0 22,115
HARRIS CORPORATION COM 413875105 828 10,770 SH   SOLE 0 0 0 10,770
HUBBELL INC CLASS B COM 443510201 259 2,330 SH   SOLE 0 0 0 2,330
INTERNATIONAL BUSINESS MACHINES COM 459200101 1,054 6,480 SH   SOLE 0 0 0 6,480
IGI LABRORATORIES, Inc. COM IG 76 12,000 SH   SOLE 0 0 0 12,000
INTUIT INC COM 461202103 1,284 12,740 SH   SOLE 0 0 0 12,740
HENRY JACK & ASSOC INC COM 426281101 824 12,665 SH   SOLE 0 0 0 12,665
JOHNSON & JOHNSON COM 478160104 2,706 27,761 SH   SOLE 0 0 0 27,761
JPMORGAN CHASE & CO COM 46625H100 1,819 26,845 SH   SOLE 0 0 0 26,845
KKR & CO LP COM 48248M102 251 10,990 SH   SOLE 0 0 0 10,990
KIMBERLY-CLARK CORP COM 494368103 874 8,251 SH   SOLE 0 0 0 8,251
LAS VEGAS SANDS CORP COM 517834107 2,087 39,703 SH   SOLE 0 0 0 39,703
LYONDELLBASELL INDS F CLASS A COM N53745100 1,412 13,640 SH   SOLE 0 0 0 13,640
MACY`S INC COM 55616P104 1,391 20,620 SH   SOLE 0 0 0 20,620
MASTERCARD INC COM 57636Q104 1,259 13,465 SH   SOLE 0 0 0 13,465
MANPOWERGROUP INC COM 56418H100 784 8,774 SH   SOLE 0 0 0 8,774
MCDONALDS CORP COM 580135101 247 2,600 SH   SOLE 0 0 0 2,600
MCKESSON CORPORATION COM 58155Q103 1,997 8,883 SH   SOLE 0 0 0 8,883
MEDNAX INC COM 58502B106 2,071 27,940 SH   SOLE 0 0 0 27,940
MDC PARTNERS INC CLASS A F COM 552697104 1,156 58,687 SH   SOLE 0 0 0 58,687
METLIFE INC COM 59156R108 738 13,176 SH   SOLE 0 0 0 13,176
MCCORMICK & CO INC NON VOTING SHARES COM 579780206 1,040 12,850 SH   SOLE 0 0 0 12,850
MELLANOX TECHS LTD F COM M51363113 1,069 22,010 SH   SOLE 0 0 0 22,010
3M COMPANY COM 88579Y101 878 5,690 SH   SOLE 0 0 0 5,690
MAGELLAN MIDSTREAM PARTNERS (MMP) COM 559080106 224 2,780 SH   SOLE 0 0 0 2,780
MAXIMUS INC COM 577933104 959 14,595 SH   SOLE 0 0 0 14,595
ALTRIA GROUP INC COM 02209S103 440 9,005 SH   SOLE 0 0 0 9,005
MEDICAL PROPERTIES TRUST REIT COM 58463J304 305 23,285 SH   SOLE 0 0 0 23,285
MICRON TECHNOLOGY INC COM 595112103 808 42,885 SH   SOLE 0 0 0 42,885
NASDAQ OMX GROUP INC COM 631103108 1,340 27,459 SH   SOLE 0 0 0 27,459
NVR INC COM 62944T105 829 619 SH   SOLE 0 0 0 619
PRECISION CASTPARTS CORP COM 740189105 789 3,690 SH   SOLE 0 0 0 3,690
PATTERSON COMPANIES COM 703395103 831 17,080 SH   SOLE 0 0 0 17,080
PEPSICO INCORPORATED COM 713448108 869 9,310 SH   SOLE 0 0 0 9,310
PETMED EXPRESS INC. COM 716382106 534 30,893 SH   SOLE 0 0 0 30,893
PFIZER INCORPORATED COM 717081103 316 9,410 SH   SOLE 0 0 0 9,410
PROCTER & GAMBLE COM 742718109 326 4,165 SH   SOLE 0 0 0 4,165
EPLUS INC COM 294268107 1,309 17,077 SH   SOLE 0 0 0 17,077
PINNACLE WEST C COM 723484101 208 3,660 SH   SOLE 0 0 0 3,660
PAREXEL INTERNATIONAL CORP COM 699462107 893 13,892 SH   SOLE 0 0 0 13,892
PHILLIPS 66 COM 718546104 1,255 15,579 SH   SOLE 0 0 0 15,579
PTX PERNIX THERAPEUTICS HOLDINGS COM 71426V108 60 10,200 SH   SOLE 0 0 0 10,200
QUALCOMM INC COM 747525103 1,584 25,287 SH   SOLE 0 0 0 25,287
POLO RALPH LAUR COM 751212101 627 4,740 SH   SOLE 0 0 0 4,740
RESMED INC COM 761152107 932 14,210 SH   SOLE 0 0 0 14,210
ROCKWELL AUTOMATION INC COM 773903109 1,623 13,021 SH   SOLE 0 0 0 13,021
RELIANCE STEEL & ALUMINUM COM 759509102 1,037 17,140 SH   SOLE 0 0 0 17,140
GUGGENHEIM S&P500 EQUAL WGHTD INDX FD COM 78355W106 689 8,636 SH   SOLE 0 0 0 8,636
SELECT INCOME REIT COM 81618T100 651 31,560 SH   SOLE 0 0 0 31,560
J M SMUCKER CO NEW COM 832696405 909 8,387 SH   SOLE 0 0 0 8,387
SHINSEI BANK LTD ORD F COM SKLKF 20 10,000 SH   SOLE 0 0 0 10,000
SCHLUMBERGER LTD F COM 806857108 928 10,765 SH   SOLE 0 0 0 10,765
SCRIPPS NTWK INTERACTIV CLASS A COM 811065101 656 10,040 SH   SOLE 0 0 0 10,040
SPECTRUM BRANDS HOLDINGS INC COM 84763R101 265 2,600 SH   SOLE 0 0 0 2,600
SIERRA WIRELESS INC F COM 826516106 1,276 51,330 SH   SOLE 0 300 0 51,030
TICC CAPITAL CORP COM 87244T109 141 20,920 SH   SOLE 0 0 0 20,920
TJX COMPANIES INC COM 872540109 2,006 30,310 SH   SOLE 0 0 0 30,310
TUPPERWARE BRANDS CORP COM 899896104 232 3,595 SH   SOLE 0 0 0 3,595
UNITED CONTL HLDGS INC COM 910047109 1,438 27,130 SH   SOLE 0 0 0 27,130
UGI CORP COM 902681105 1,430 41,496 SH   SOLE 0 0 0 41,496
UNITED PARCEL SERVICE INC COM 911312106 1,327 13,690 SH   SOLE 0 0 0 13,690
VISA INC CL A CLASS A COM 92826C839 303 4,510 SH   SOLE 0 0 0 4,510
VANGUARD FTSE EUROPE ETF COM 922042874 1,134 21,010 SH   SOLE 0 0 0 21,010
VECTOR GROUP LTD COM 92240M108 1,334 56,866 SH   SOLE 0 766 0 56,100
VIACOM INC CL B NEW COM 92553P201 1,051 16,255 SH   SOLE 0 0 0 16,255
VALMONT INDUS COM 920253101 568 4,780 SH   SOLE 0 0 0 4,780
VERIZON COMMUNICATIONS COM 92343V104 388 8,326 SH   SOLE 0 0 0 8,326
WESTERN DIGITAL CORP COM 958102105 1,424 18,157 SH   SOLE 0 0 0 18,157
WADDELL & REED FINANCIAL-A COM 930059100 1,209 25,564 SH   SOLE 0 0 0 25,564
WELLS FARGO & CO NEW COM 949746101 1,425 25,330 SH   SOLE 0 0 0 25,330
WASTE MANAGEMENT, INC. COM 94106L109 241 5,200 SH   SOLE 0 0 0 5,200
WAL-MART STORES INC COM 931142103 1,224 17,250 SH   SOLE 0 0 0 17,250
WESTERN UNION COMPANY COM 959802109 1,305 64,167 SH   SOLE 0 0 0 64,167
WYNDHAM WORLDWIDE CORP COM 98310W108 1,698 20,735 SH   SOLE 0 0 0 20,735
FINANCIAL SELECT SECTOR SPDR COM 81369Y605 2,222 91,160 SH   SOLE 0 0 0 91,160
ZEBRA TECHNOLOGIES CL A COM 989207105 1,481 13,338 SH   SOLE 0 0 0 13,338