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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COMMON 88579Y101   3,904 42,050 SH   SOLE 1 42,050 0 0
ABBOTT LABORATORIES COMMON 002824100   0 3 SH   SOLE 1 3 0 0
ABERCROMBIE & FITCH CO-CL A COMMON 002896207   0 11 SH   SOLE 1 11 0 0
ABIOMED INC COMMON 003654100   301 22,461 SH   SOLE 1 22,461 0 0
ACCENTURE PLC COMMON G1151C101   7,473 112,385 SH   SOLE 1 112,385 0 0
ACE LTD COMMON H0023R105   3,650 45,744 SH   SOLE 1 45,744 0 0
WATSON PHARMACEUTICALS COMMON 00507K103   2,724 31,685 SH   SOLE 1 31,685 0 0
ACTIVISION BLIZZARD INC COMMON 00507V109   1,034 97,444 SH   SOLE 1 97,444 0 0
ACTUATE CORPORATION COMMON 00508B102   249 44,536 SH   SOLE 1 44,536 0 0
ADOBE SYS INCORP COMMON 00724F101   2 64 SH   SOLE 1 64 0 0
ADT CORPORATION COMMON 00101J106   178 3,844 SH   SOLE 1 3,844 0 0
ADTRAN INC COMMON 00738A106   330 16,923 SH   SOLE 1 16,923 0 0
ADVANCE AUTO PARTS COMMON 00751Y106   3,160 43,685 SH   SOLE 1 43,685 0 0
ADVANCED MICRO DEVICES INC. COMMON 007903107   0 76 SH   SOLE 1 76 0 0
AES CORP. COMMON 00130H105   0 83 SH   SOLE 1 83 0 0
AETNA INC NEW COMMON 00817Y108   831 17,955 SH   SOLE 1 17,955 0 0
AFLAC CORP. COMMON 001055102   1,792 33,751 SH   SOLE 1 33,751 0 0
AGCO CORP COMMON 001084102   2,136 43,494 SH   SOLE 1 43,494 0 0
AGILENT TECHNOLOGIES INC COMMON 00846U101   1 45 SH   SOLE 1 45 0 0
AGL RESOURCES INC COMMON 001204106   0 15 SH   SOLE 1 15 0 0
AIR PRODUCTS & CHEMICALS INC. COMMON 009158106   2 27 SH   SOLE 1 27 0 0
AIRGAS INC. COMMON 009363102   0 9 SH   SOLE 1 9 0 0
AKAMAI TECHNOLOGIES COMMON 00971T101   4,721 115,421 SH   SOLE 1 115,421 0 0
ALCOA INC COMMON 013817101   6 715 SH   SOLE 1 715 0 0
ALERE INC COMMON 01449J105   3,404 184,045 SH   SOLE 1 184,045 0 0
ALEXION PHARMACEUTICALS INC COMMON 015351109   2 25 SH   SOLE 1 25 0 0
ALIGN TECHNOLOGY INC COMMON 016255101   305 10,999 SH   SOLE 1 10,999 0 0
ALLEGHENY TECHNOLOGIES INC COMMON 01741R102   0 14 SH   SOLE 1 14 0 0
ALLERGAN INC COMMON 018490102   3,037 33,110 SH   SOLE 1 33,110 0 0
ALLSTATE CORP. COMMON 020002101   1,324 32,974 SH   SOLE 1 32,974 0 0
ALPHA NATURAL RESOURCES INC COMMON 02076X102   0 28 SH   SOLE 1 28 0 0
ALTERA CORPORATION COMMON 021441100   1 42 SH   SOLE 1 42 0 0
ALTERRA CAPITAL HOLDINGS COMMON G0229R108   4,713 167,218 SH   SOLE 1 167,218 0 0
ALTRA HOLDINGS INC COMMON 02208R106   356 16,147 SH   SOLE 1 16,147 0 0
ALTRIA GROUP INC COMMON 02209S103   35 1,115 SH   SOLE 1 1,115 0 0
AMAG PHARMACEUTICALS INC COMMON 00163U106   286 19,456 SH   SOLE 1 19,456 0 0
AMAZON.COM INC COMMON 023135106   11 47 SH   SOLE 1 47 0 0
AMDOCS LTD COMMON G02602103   1,123 33,063 SH   SOLE 1 33,063 0 0
AMEDISYS INC COMMON 023436108   604 53,460 SH   SOLE 1 53,460 0 0
AMEREN CORP COMMON 023608102   0 31 SH   SOLE 1 31 0 0
AMERICAN AXLE & MANUFACTURING COMMON 024061103   6,409 572,278 SH   SOLE 1 572,278 0 0
AMERICAN ELECTRIC POWER CO. COMMON 025537101   1,020 23,902 SH   SOLE 1 23,902 0 0
AMERICAN EQUITY INVT LIFE COMMON 025676206   4,920 402,970 SH   SOLE 1 402,970 0 0
AMERICAN EXPRESS CO. COMMON 025816109   4,105 71,424 SH   SOLE 1 71,424 0 0
AMERICAN INTERNATIONAL GROUP COMMON 026874784   5 151 SH   SOLE 1 151 0 0
AMERICAN STATES WATER CO COMMON 029899101   2,774 57,836 SH   SOLE 1 57,836 0 0
AMERICAN TOWER CORP COMMON 03027X100   3 51 SH   SOLE 1 51 0 0
AMERIPRISE FINANCIAL INC COMMON 03076C106   1 28 SH   SOLE 1 28 0 0
AMERISOURCEBERGEN CORP COMMON 03073E105   2,150 49,800 SH   SOLE 1 49,800 0 0
AMERISTAR CASINOS INC COMMON 03070Q101   4,762 181,482 SH   SOLE 1 181,482 0 0
AMGEN COMMON 031162100   3,461 40,158 SH   SOLE 1 40,158 0 0
AMPHENOL CORP-CL A COMMON 032095101   2,541 39,286 SH   SOLE 1 39,286 0 0
AMTRUST FINANCIAL SERVICES COMMON 032359309   3,628 126,478 SH   SOLE 1 126,478 0 0
ANADARKO PETROLEUM CORP. COMMON 032511107   4 65 SH   SOLE 1 65 0 0
ANALOG DEVICES INC. COMMON 032654105   1 39 SH   SOLE 1 39 0 0
ANALOGIC CORP. COMMON 032657207   312 4,212 SH   SOLE 1 4,212 0 0
ANIXTER INTERNATIONAL INC COMMON 035290105   316 4,949 SH   SOLE 1 4,949 0 0
ANN INC COMMON 035623107   329 9,727 SH   SOLE 1 9,727 0 0
WELLPOINT INC. COMMON 036752103   1,837 30,161 SH   SOLE 1 30,161 0 0
AON PLC COMMON G0408V102   2 42 SH   SOLE 1 42 0 0
APACHE CORP COMMON 037411105   795 10,140 SH   SOLE 1 10,140 0 0
APARTMENT INVT & MGMT CO-A COMMON 03748R101   2,740 101,288 SH   SOLE 1 101,288 0 0
APOLLO GROUP INC-CL A COMMON 037604105   0 13 SH   SOLE 1 13 0 0
APPLE INC. COMMON 037833100   12,417 23,334 SH   SOLE 1 23,334 0 0
APPLIED MATERIALS INC COMMON 038222105   1 166 SH   SOLE 1 166 0 0
ARCHER DANIELS MIDLAND CO. COMMON 039483102   2 85 SH   SOLE 1 85 0 0
ARCTIC CAT INC COMMON 039670104   4,374 131,015 SH   SOLE 1 131,015 0 0
ARROW ELECTRONICS INC COMMON 042735100   2,219 58,280 SH   SOLE 1 58,280 0 0
ASHFORD HOSPITALITY TRUST COMMON 044103109   4,417 420,269 SH   SOLE 1 420,269 0 0
ASSOCIATED ESTATES REALTY COMMON 045604105   430 26,692 SH   SOLE 1 26,692 0 0
ASSURANT INC COMMON 04621X108   447 12,890 SH   SOLE 1 12,890 0 0
AT&T INC COMMON 00206R102   1,180 35,027 SH   SOLE 1 35,027 0 0
ATWOOD OCEANICS INC COMMON 050095108   5,051 110,314 SH   SOLE 1 110,314 0 0
AUTODESK INC COMMON 052769106   671 18,989 SH   SOLE 1 18,989 0 0
AUTOMATIC DATA PROCESSING INC COMMON 053015103   3 63 SH   SOLE 1 63 0 0
AUTONATION INC COMMON 05329W102   0 5 SH   SOLE 1 5 0 0
AUTOZONE INC COMMON 053332102   1 3 SH   SOLE 1 3 0 0
AVAGO TECHNOLOGIES LTD COMMON Y0486S104   3,900 123,231 SH   SOLE 1 123,231 0 0
AVALONBAY COMMUNITIES INC COMMON 053484101   1 12 SH   SOLE 1 12 0 0
AVERY DENNISON CORP. COMMON 053611109   0 13 SH   SOLE 1 13 0 0
AVIS BUDGET GROUP INC COMMON 053774105   299 15,099 SH   SOLE 1 15,099 0 0
AVNET INC. COMMON 053807103   196 6,431 SH   SOLE 1 6,431 0 0
AVON PRODUCTS INC. COMMON 054303102   0 56 SH   SOLE 1 56 0 0
AZZ INCORPORATED COMMON 002474104   3,705 96,417 SH   SOLE 1 96,417 0 0
B/E AEROSPACE INC COMMON 073302101   8,894 180,053 SH   SOLE 1 180,053 0 0
BAKER HUGHES INC. COMMON 057224107   1,104 27,028 SH   SOLE 1 27,028 0 0
BALL CORP. COMMON 058498106   0 20 SH   SOLE 1 20 0 0
BANCO BILBAO VIZCAYA SP ADR ADR 05946K101   29 3,129 SH   SOLE 1 3,129 0 0
BANK OF AMERICA CORP COMMON 060505104   3,005 258,902 SH   SOLE 1 258,902 0 0
BANK OF NEW YORK MELLON CORP COMMON 064058100   1,063 41,384 SH   SOLE 1 41,384 0 0
BARNES GROUP INC COMMON 067806109   211 9,400 SH   SOLE 1 9,400 0 0
BAXTER INTL. INC. COMMON 071813109   3,105 46,586 SH   SOLE 1 46,586 0 0
BB&T CORP COMMON 054937107   1,054 36,219 SH   SOLE 1 36,219 0 0
BEACON ROOFING SUPPLY INC COMMON 073685109   74 2,236 SH   SOLE 1 2,236 0 0
BEAM INC COMMON 073730103   1 20 SH   SOLE 1 20 0 0
BECTON DICKINSON & CO. COMMON 075887109   2 26 SH   SOLE 1 26 0 0
BED BATH & BEYOND INC COMMON 075896100   4,279 76,547 SH   SOLE 1 76,547 0 0
BELDEN CDT INC COMMON 077454106   356 7,923 SH   SOLE 1 7,923 0 0
BEMIS INC COM COMMON 081437105   0 13 SH   SOLE 1 13 0 0
BERKSHIRE HATHAWAY INC-CL B COMMON 084670702   20 227 SH   SOLE 1 227 0 0
BERKSHIRE HILLS BANCORP INC COMMON 084680107   1,989 83,373 SH   SOLE 1 83,373 0 0
BEST BUY CO. INC. COMMON 086516101   0 36 SH   SOLE 1 36 0 0
BIG LOTS INC COMMON 089302103   0 8 SH   SOLE 1 8 0 0
BIO-REFERENCE LABS INC COMMON 09057G602   4,660 162,790 SH   SOLE 1 162,790 0 0
BIOGEN IDEC INC COMMON 09062X103   4 31 SH   SOLE 1 31 0 0
BLACKROCK INC COMMON 09247X101   2,578 12,475 SH   SOLE 1 12,475 0 0
BMC SOFTWARE COMMON 055921100   0 21 SH   SOLE 1 21 0 0
BOEING CO. COMMON 097023105   7 97 SH   SOLE 1 97 0 0
BORG WARNER AUTOMOTIVE COMMON 099724106   1 15 SH   SOLE 1 15 0 0
BOSTON PROPERTIES INC COMMON 101121101   2 19 SH   SOLE 1 19 0 0
BOSTON SCIENTIFIC COMMON 101137107   1 185 SH   SOLE 1 185 0 0
BRANDYWINE REALTY TRUST COMMON 105368203   6,034 495,023 SH   SOLE 1 495,023 0 0
BRINKER INTL. INC. COMMON 109641100   1,946 62,825 SH   SOLE 1 62,825 0 0
BRISTOL MYERS SQUIBB CO. COMMON 110122108   7 218 SH   SOLE 1 218 0 0
BROADCOM CORP - CL A COMMON 111320107   2 64 SH   SOLE 1 64 0 0
BROWN-FORMAN CORP -CL B COMMON 115637209   1 19 SH   SOLE 1 19 0 0
BUFFALO WILD WINGS INC COMMON 119848109   4,068 55,866 SH   SOLE 1 55,866 0 0
BUNGE LTD COMMON G16962105   1,765 24,290 SH   SOLE 1 24,290 0 0
C R BARD INC. COMMON 067383109   2,957 30,261 SH   SOLE 1 30,261 0 0
CA INC COMMON 12673P105   1 46 SH   SOLE 1 46 0 0
CABELA'S INC CL A COMMON 126804301   143 3,430 SH   SOLE 1 3,430 0 0
CABLEVISION SYSTEMS -CL A COMMON 12686C109   0 28 SH   SOLE 1 28 0 0
CABOT OIL & GAS CORP. CLASS A COMMON 127097103   1 27 SH   SOLE 1 27 0 0
CACI INTERNATIONAL INC -CL A COMMON 127190304   482 8,773 SH   SOLE 1 8,773 0 0
CAMERON INTERNATIONAL CORP COMMON 13342B105   2,287 40,508 SH   SOLE 1 40,508 0 0
CAMPBELL SOUP CO. COMMON 134429109   749 21,483 SH   SOLE 1 21,483 0 0
CAPELLA EDUCATION CO COMMON 139594105   136 4,846 SH   SOLE 1 4,846 0 0
CAPITAL ONE FINL CORP. COMMON 14040H105   2,095 36,170 SH   SOLE 1 36,170 0 0
CARDINAL HEALTH INC. COMMON 14149Y108   1,718 41,726 SH   SOLE 1 41,726 0 0
CARDTRONICS INC COMMON 14161H108   4,645 195,671 SH   SOLE 1 195,671 0 0
CAREFUSION CORP COMMON 14170T101   176 6,184 SH   SOLE 1 6,184 0 0
CARMAX INC COMMON 143130102   1 29 SH   SOLE 1 29 0 0
CARNIVAL CORP COMMON 143658300   2 59 SH   SOLE 1 59 0 0
CATERPILLAR INC. COMMON 149123101   7 84 SH   SOLE 1 84 0 0
CBL & ASSOC PROPERTIES COMMON 124830100   1,202 56,678 SH   SOLE 1 56,678 0 0
CBRE GROUP INC COMMON 12504L109   0 42 SH   SOLE 1 42 0 0
CBS CORP CL B COMMON 124857202   16 425 SH   SOLE 1 425 0 0
CELGENE CORP COMMON 151020104   612 7,806 SH   SOLE 1 7,806 0 0
CENTENE CORP COMMON 15135B101   4,720 115,135 SH   SOLE 1 115,135 0 0
CENTERPOINT ENERGY INC COMMON 15189T107   1 55 SH   SOLE 1 55 0 0
CENTURYTEL INC COMMON 156700106   48 1,250 SH   SOLE 1 1,250 0 0
CERNER CORP COMMON 156782104   1 19 SH   SOLE 1 19 0 0
CF INDUSTRIES HOLDINGS INC COMMON 125269100   3,368 16,580 SH   SOLE 1 16,580 0 0
CH ROBINSON WORLDWIDE INC COMMON 12541W209   1 21 SH   SOLE 1 21 0 0
CHARLES SCHWAB CORP. COMMON 808513105   2 140 SH   SOLE 1 140 0 0
CHEESECAKE FACTORY (THE) COMMON 163072101   985 30,139 SH   SOLE 1 30,139 0 0
CHEMICAL FINANCIAL CORP COMMON 163731102   2,519 106,060 SH   SOLE 1 106,060 0 0
CHESAPEAKE ENERGY CORP COMMON 165167107   1 86 SH   SOLE 1 86 0 0
CHESAPEAKE LODGING TR SH BEN COMMON 165240102   4,091 195,956 SH   SOLE 1 195,956 0 0
CHEVRON CORP COMMON 166764100   8,128 75,170 SH   SOLE 1 75,170 0 0
CHICAGO BRIDGE & IRON - NV SH COMMON 167250109   2,882 62,193 SH   SOLE 1 62,193 0 0
CHIPOTLE MEXICAN GRILL-CL A COMMON 169656105   1 4 SH   SOLE 1 4 0 0
CHUBB CORP. COMMON 171232101   2 35 SH   SOLE 1 35 0 0
CHURCH & DWIGHT INC DEL COM COMMON 171340102   3,123 58,306 SH   SOLE 1 58,306 0 0
CIGNA CORP. COMMON 125509109   2,905 54,342 SH   SOLE 1 54,342 0 0
CINCINNATI FINANCIAL CORP COMMON 172062101   0 21 SH   SOLE 1 21 0 0
CINEMARK HOLDINGS INC COMMON 17243V102   6,615 254,657 SH   SOLE 1 254,657 0 0
CINTAS CORP COMMON 172908105   0 14 SH   SOLE 1 14 0 0
CIRRUS LOGIC INC COMMON 172755100   3,565 123,075 SH   SOLE 1 123,075 0 0
CISCO SYSTEMS COMMON 17275R102   2,133 108,583 SH   SOLE 1 108,583 0 0
CITIGROUP INC COMMON 172967424   1,246 31,521 SH   SOLE 1 31,521 0 0
CITRIX SYSTEMS INC COMMON 177376100   1 24 SH   SOLE 1 24 0 0
CLEARWATER PAPER CORP COMMON 18538R103   138 3,535 SH   SOLE 1 3,535 0 0
CLIFFS NATURAL RESOURCES INC COMMON 18683K101   0 18 SH   SOLE 1 18 0 0
CLOROX CO. COMMON 189054109   1 17 SH   SOLE 1 17 0 0
CME GROUP INC. COMMON 12572Q105   2 43 SH   SOLE 1 43 0 0
CMS ENERGY CORP COMMON 125896100   0 34 SH   SOLE 1 34 0 0
COACH INC COMMON 189754104   3,157 56,887 SH   SOLE 1 56,887 0 0
COCA COLA CO. COMMON 191216100   4,030 111,193 SH   SOLE 1 111,193 0 0
COCA-COLA ENTERPRISES COMMON 19122T109   1,074 33,867 SH   SOLE 1 33,867 0 0
COGNIZANT TECH SOLUTIONS CRP COMMON 192446102   6,567 88,896 SH   SOLE 1 88,896 0 0
COLGATE PALMOLIVE CO. COMMON 194162103   2,366 22,637 SH   SOLE 1 22,637 0 0
COLONIAL PROPERTY TRUST COMMON 195872106   903 42,279 SH   SOLE 1 42,279 0 0
COMCAST CORP-CL A COMMON 20030N101   4,429 118,553 SH   SOLE 1 118,553 0 0
COMCAST CORP-SPECIAL CL A COMMON 20030N200   75 2,103 SH   SOLE 1 2,103 0 0
COMERICA INC. COMMON 200340107   646 21,313 SH   SOLE 1 21,313 0 0
COMMUNITY BANK SYSTEM INC COMMON 203607106   3,266 119,389 SH   SOLE 1 119,389 0 0
COMMUNITY TRUST BANCORP INC COMMON 204149108   2,026 61,821 SH   SOLE 1 61,821 0 0
COMPUTER SCIENCES CORP. COMMON 205363104   0 20 SH   SOLE 1 20 0 0
COMPUTER TASK GROUP INC COMMON 205477102   268 14,716 SH   SOLE 1 14,716 0 0
CONAGRA INC. COMMON 205887102   3,494 118,473 SH   SOLE 1 118,473 0 0
CONOCOPHILLIPS COMMON 20825C104   2,337 40,313 SH   SOLE 1 40,313 0 0
CONSOL ENERGY INC COMMON 20854P109   0 29 SH   SOLE 1 29 0 0
CONSOLIDATED EDISON INC COMMON 209115104   2 38 SH   SOLE 1 38 0 0
CONSOLIDATED GRAPHIC INC COMMON 209341106   144 4,130 SH   SOLE 1 4,130 0 0
CONSTELLATION BRANDS INC A COMMON 21036P108   91 2,582 SH   SOLE 1 2,582 0 0
COOPER TIRE & RUBBER COMMON 216831107   338 13,356 SH   SOLE 1 13,356 0 0
CORNING INC. COMMON 219350105   2 196 SH   SOLE 1 196 0 0
COSTCO WHOLESALE CORP COMMON 22160K105   5 56 SH   SOLE 1 56 0 0
COVENTRY HEALTH CARE INC COMMON 222862104   0 17 SH   SOLE 1 17 0 0
COVIDIEN PLC COMMON G2554F113   3 62 SH   SOLE 1 62 0 0
CRANE CO COMMON 224399105   3,241 70,044 SH   SOLE 1 70,044 0 0
CROCS INC COMMON 227046109   169 11,785 SH   SOLE 1 11,785 0 0
CROWN CASTLE INTL CORP COMMON 228227104   2 33 SH   SOLE 1 33 0 0
CSG SYSTEMS INTL INC COMMON 126349109   267 14,711 SH   SOLE 1 14,711 0 0
CSX CORP. COMMON 126408103   2,594 131,485 SH   SOLE 1 131,485 0 0
CUMMINS INC COMMON 231021106   2 25 SH   SOLE 1 25 0 0
CVR ENERGY INC COMMON 12662P108   405 8,312 SH   SOLE 1 8,312 0 0
CVS CORP COMMON 126650100   3,258 67,393 SH   SOLE 1 67,393 0 0
CYBERONICS INC COMMON 23251P102   3,917 74,582 SH   SOLE 1 74,582 0 0
DANAHER CORP COMMON 235851102   4 74 SH   SOLE 1 74 0 0
DARDEN RESTAURANTS INC. COMMON 237194105   0 17 SH   SOLE 1 17 0 0
DARLING INTERNATIONAL INC COMMON 237266101   3,420 213,254 SH   SOLE 1 213,254 0 0
DAVITA HEALTHCARE PARTNERS IN COMMON 23918K108   1 12 SH   SOLE 1 12 0 0
DELPHI AUTOMOTIVE PLC COMMON G27823106   3,456 90,362 SH   SOLE 1 90,362 0 0
DEMAND MEDIA INC COM COMMON 24802N109   258 27,879 SH   SOLE 1 27,879 0 0
DENBURY RESOURCES INC COMMON 247916208   89 5,502 SH   SOLE 1 5,502 0 0
DIAMOND OFFSHORE DRILLING COMMON 25271C102   1,956 28,795 SH   SOLE 1 28,795 0 0
DICE HOLDINGS INC COMMON 253017107   318 34,684 SH   SOLE 1 34,684 0 0
DIGITAL REALTY TRUST INC COMMON 253868103   1,610 23,715 SH   SOLE 1 23,715 0 0
DILLARDS INC CL A COMMON 254067101   107 1,281 SH   SOLE 1 1,281 0 0
DISCOVER FINANCIAL SERVICES COMMON 254709108   2,179 56,537 SH   SOLE 1 56,537 0 0
WALT DISNEY CO. COMMON 254687106   960 19,300 SH   SOLE 1 19,300 0 0
DOLLAR TREE INC COMMON 256746108   3,121 76,971 SH   SOLE 1 76,971 0 0
DOMTAR CORP COMMON 257559203   663 7,942 SH   SOLE 1 7,942 0 0
D.R. HORTON INC COMMON 23331A109   0 36 SH   SOLE 1 36 0 0
DR PEPPER SNAPPLE GROUP COMMON 26138E109   3,069 69,481 SH   SOLE 1 69,481 0 0
DSW INC CLASS A COMMON 23334L102   5,215 79,403 SH   SOLE 1 79,403 0 0
DTE ENERGY CO COMMON 233331107   731 12,174 SH   SOLE 1 12,174 0 0
E I DU PONT DE NEMOURS & CO. COMMON 263534109   20 450 SH   SOLE 1 450 0 0
DUKE ENERGY CORP COMMON 26441C204   1,146 17,966 SH   SOLE 1 17,966 0 0
DUKE REALTY CORP COMMON 264411505   649 46,840 SH   SOLE 1 46,840 0 0
DUPONT FABROS TECHNOLOGY INC COMMON 26613Q106   4,295 177,806 SH   SOLE 1 177,806 0 0
DYCOM INDUSTRIES INC COMMON 267475101   298 15,091 SH   SOLE 1 15,091 0 0
EAST WEST BANCORP INC COMMON 27579R104   455 21,200 SH   SOLE 1 21,200 0 0
EASTMAN CHEMICAL CO. COMMON 277432100   4,493 66,025 SH   SOLE 1 66,025 0 0
EATON CORP PLC ORDINARY COMMON G29183103   0 16 SH   SOLE 1 16 0 0
EBAY INC COMMON 278642103   4,931 96,710 SH   SOLE 1 96,710 0 0
EBIX INC COMMON 278715206   59 3,720 SH   SOLE 1 3,720 0 0
EL PASO ELECTRIC CO COMMON 283677854   346 10,870 SH   SOLE 1 10,870 0 0
ELIZABETH ARDEN INC COMMON 28660G106   116 2,583 SH   SOLE 1 2,583 0 0
EMCOR GROUP INC. COMMON 29084Q100   991 28,647 SH   SOLE 1 28,647 0 0
ENERGIZER HOLDINGS INC COMMON 29266R108   1,340 16,758 SH   SOLE 1 16,758 0 0
ENERGY XXI BERMUDA COMMON G10082140   275 8,575 SH   SOLE 1 8,575 0 0
ENERSYS COMMON 29275Y102   5,131 136,380 SH   SOLE 1 136,380 0 0
ENSCO PLC SHS CLASS A COMMON G3157S106   1,290 21,769 SH   SOLE 1 21,769 0 0
ENTEGRIS INC COMMON 29362U104   3,795 413,463 SH   SOLE 1 413,463 0 0
ENTERGY CORP. NEW COMMON 29364G103   169 2,660 SH   SOLE 1 2,660 0 0
ENTROPIC COMMUNICATIONS INC COMMON 29384R105   342 64,755 SH   SOLE 1 64,755 0 0
EPL OIL & GAS INC COMMON 26883D108   4,271 189,433 SH   SOLE 1 189,433 0 0
EPR PROPERTIES COMMON 26884U109   303 6,579 SH   SOLE 1 6,579 0 0
EURONET WORLDWIDE INC COMMON 298736109   101 4,321 SH   SOLE 1 4,321 0 0
EXELIS INC COMMON 30162A108   234 20,780 SH   SOLE 1 20,780 0 0
EXELON CORPORATION COMMON 30161N101   296 9,960 SH   SOLE 1 9,960 0 0
EXXON MOBIL CORPORATION COMMON 30231G102   2,787 32,204 SH   SOLE 1 32,204 0 0
FAIR ISAAC & CO INC COMMON 303250104   199 4,749 SH   SOLE 1 4,749 0 0
FEI COMPANY COMMON 30241L109   471 8,500 SH   SOLE 1 8,500 0 0
FIDELITY NATIONAL INFORMATION COMMON 31620M106   1,780 51,145 SH   SOLE 1 51,145 0 0
FIDELITY NATIONAL TITLE CL A COMMON 31620R105   3,557 151,080 SH   SOLE 1 151,080 0 0
FIFTH THIRD BANK COMMON 316773100   1,495 98,402 SH   SOLE 1 98,402 0 0
FINISAR CORPATION COMMON 31787A507   4,162 255,508 SH   SOLE 1 255,508 0 0
FIRST FINANCIAL BANCORP COMMON 320209109   4,581 313,358 SH   SOLE 1 313,358 0 0
FLOWSERVE CORP COMMON 34354P105   1,320 8,995 SH   SOLE 1 8,995 0 0
FLUOR CORP (NEW) COMMON 343412102   4,503 76,673 SH   SOLE 1 76,673 0 0
FLUSHING FINANCIAL CORP COMMON 343873105   3,501 228,284 SH   SOLE 1 228,284 0 0
FORD MOTOR COMPANY COMMON 345370860   866 66,944 SH   SOLE 1 66,944 0 0
FOREST LABORATORIES COMMON 345838106   606 17,160 SH   SOLE 1 17,160 0 0
FRANKLIN RESOURCES INC. COMMON 354613101   3,082 24,520 SH   SOLE 1 24,520 0 0
G-III APPAREL GROUP LTD COMMON 36237H101   120 3,520 SH   SOLE 1 3,520 0 0
GALLAGHER ARTHUR J & CO COM COMMON 363576109   32 925 SH   SOLE 1 925 0 0
GANNETT CO. INC. COMMON 364730101   1,980 109,972 SH   SOLE 1 109,972 0 0
GARDNER DENVER INC COMMON 365558105   1,844 26,932 SH   SOLE 1 26,932 0 0
GENERAL DYNAMICS CORP. COMMON 369550108   1,895 27,367 SH   SOLE 1 27,367 0 0
GENERAL ELECTRIC CO. COMMON 369604103   1,820 86,720 SH   SOLE 1 86,720 0 0
GENERAL MILLS INC. COMMON 370334104   1,904 47,130 SH   SOLE 1 47,130 0 0
GENERAL MOTORS CO COMMON 37045V100   81 2,814 SH   SOLE 1 2,814 0 0
GENWORTH FINANCIAL INC-CL A COMMON 37247D106   1,617 215,337 SH   SOLE 1 215,337 0 0
GEOSPACE TECHNOLOGIES CORP CO COMMON 37364X109   195 2,200 SH   SOLE 1 2,200 0 0
GILEAD SCIENCES INC. COMMON 375558103   3,840 52,290 SH   SOLE 1 52,290 0 0
GLOBECOMM SYSTEMS INC COMMON 37956X103   296 26,265 SH   SOLE 1 26,265 0 0
GOLDMAN SACHS GROUP INC COMMON 38141G104   547 4,293 SH   SOLE 1 4,293 0 0
GOVERNMENT PROPERTIES INCOME COMMON 38376A103   289 12,067 SH   SOLE 1 12,067 0 0
W W GRAINGER INC COMMON 384802104   3,926 19,405 SH   SOLE 1 19,405 0 0
GRAND CANYON EDUCATION INC COMMON 38526M106   282 12,056 SH   SOLE 1 12,056 0 0
GREEN DOT CORP-CLASS A COMMON 39304D102   276 22,665 SH   SOLE 1 22,665 0 0
GREENHILL & CO INC COMMON 395259104   319 6,138 SH   SOLE 1 6,138 0 0
GT ADVANCED TECHNOLOGIES INC COMMON 36191U106   262 86,756 SH   SOLE 1 86,756 0 0
GULFPORT ENERGY CORP COMMON 402635304   3,730 97,619 SH   SOLE 1 97,619 0 0
HAIN CELESTIAL GROUP INC COMMON 405217100   244 4,512 SH   SOLE 1 4,512 0 0
HALLIBURTON CO. COMMON 406216101   3,535 101,906 SH   SOLE 1 101,906 0 0
HANGER ORTHOPEDIC GROUP COMMON 41043F208   5,260 192,268 SH   SOLE 1 192,268 0 0
HANMI FINANCIAL CORPORATION COMMON 410495204   295 21,784 SH   SOLE 1 21,784 0 0
HARMAN INTERNATIONAL INDS INC COMMON 413086109   607 13,620 SH   SOLE 1 13,620 0 0
HARMONIC LIGHTWAVES COMMON 413160102   2,793 551,000 SH   SOLE 1 551,000 0 0
HCA HOLDINGS INC COMMON 40412C101   1,535 50,895 SH   SOLE 1 50,895 0 0
HEALTH NET INC COMMON 42222G108   137 5,660 SH   SOLE 1 5,660 0 0
HEARTLAND PAYMENT SYSTEMS IN COMMON 42235N108   914 30,987 SH   SOLE 1 30,987 0 0
HELMERICH & PAYNE INC. COMMON 423452101   2,658 47,467 SH   SOLE 1 47,467 0 0
HENRY JACK & ASSOCIATES INC. COMMON 426281101   147 3,752 SH   SOLE 1 3,752 0 0
HERSHEY FOODS CORP. COMMON 427866108   0 7 SH   SOLE 1 7 0 0
HERTZ GLOBAL HOLDINGS INC COMMON 42805T105   836 51,385 SH   SOLE 1 51,385 0 0
HIGHWOODS PROPERTIES INC COMMON 431284108   289 8,652 SH   SOLE 1 8,652 0 0
HILL-ROM HOLDINGS INC COMMON 431475102   109 3,840 SH   SOLE 1 3,840 0 0
HOLLYFRONTIER CORP COMMON 436106108   347 7,458 SH   SOLE 1 7,458 0 0
HOME DEPOT INC. COMMON 437076102   3,543 57,290 SH   SOLE 1 57,290 0 0
HONEYWELL INTERNATIONAL INC COMMON 438516106   3,169 49,940 SH   SOLE 1 49,940 0 0
HORACE MANN EDUCATORS CORP COMMON 440327104   649 32,560 SH   SOLE 1 32,560 0 0
HORMEL CO COMMON 440452100   3,367 107,885 SH   SOLE 1 107,885 0 0
HOSPITALITY PROPERTIES TRUST COMMON 44106M102   2,099 89,665 SH   SOLE 1 89,665 0 0
J. B. HUNT COMMON 445658107   2,566 42,985 SH   SOLE 1 42,985 0 0
HYSTER YALE MATERIALS HANDLIN COMMON 449172105   687 14,087 SH   SOLE 1 14,087 0 0
ICU MEDICAL INC COMMON 44930G107   4,786 78,552 SH   SOLE 1 78,552 0 0
ILLINOIS TOOL WORKS COMMON 452308109   3,176 52,239 SH   SOLE 1 52,239 0 0
IMPAX LABORATORIES INC COMMON 45256B101   274 13,375 SH   SOLE 1 13,375 0 0
INGERSOLL-RAND PLC COMMON G47791101   3,321 69,258 SH   SOLE 1 69,258 0 0
INGREDION INC COMMON 457187102   1,255 19,494 SH   SOLE 1 19,494 0 0
INNOSPEC INC COMMON 45768S105   207 6,029 SH   SOLE 1 6,029 0 0
INTEGRATED DEVICE TECHNOLOGY COMMON 458118106   235 32,257 SH   SOLE 1 32,257 0 0
INTERNATIONAL BUSINESS COMMON 459200101   480 2,508 SH   SOLE 1 2,508 0 0
INTERNATIONAL PAPER CO. COMMON 460146103   1,257 31,568 SH   SOLE 1 31,568 0 0
ISHARES MSCI EAFE INDEX FUND COMMON 464287465   3,104 54,600 SH   SOLE 1 54,600 0 0
j2 GLOBAL INC COMMON 48123V102   4,269 139,522 SH   SOLE 1 139,522 0 0
JABIL CIRCUIT INC COMMON 466313103   1,467 76,054 SH   SOLE 1 76,054 0 0
JACOBS ENGINEERING GROUP INC COMMON 469814107   1,275 29,960 SH   SOLE 1 29,960 0 0
JAMBA INC COM COMMON 47023A101   132 59,000 SH   SOLE 1 59,000 0 0
JOHNSON & JOHNSON COMMON 478160104   6,173 88,060 SH   SOLE 1 88,060 0 0
JPMORGAN CHASE & CO COMMON 46625H100   5,300 120,547 SH   SOLE 1 120,547 0 0
JUNIPER NETWORKS INC COMMON 48203R104   2,004 101,910 SH   SOLE 1 101,910 0 0
KAPSTONE PAPER AND PACKAGING COMMON 48562P103   5,020 226,262 SH   SOLE 1 226,262 0 0
KBR INC COMMON 48242W106   1,337 44,700 SH   SOLE 1 44,700 0 0
KELLOGG CO. COMMON 487836108   1,908 34,170 SH   SOLE 1 34,170 0 0
KELLY SERVICES CL A COMMON 488152208   657 41,800 SH   SOLE 1 41,800 0 0
KEYCORP - NEW COMMON 493267108   722 85,788 SH   SOLE 1 85,788 0 0
KIMBERLY CLARK CORP. COMMON 494368103   1,717 20,340 SH   SOLE 1 20,340 0 0
KIMCO REALTY CORP COMMON 49446R109   1,102 57,063 SH   SOLE 1 57,063 0 0
KRAFT FOODS GROUP INC COM COMMON 50076Q106   11 259 SH   SOLE 1 259 0 0
KRISPY KREME DOUGHNUTS INC COMMON 501014104   103 11,053 SH   SOLE 1 11,053 0 0
KROGER CO. COMMON 501044101   1,362 52,351 SH   SOLE 1 52,351 0 0
L-3 COMMUNICATIONS HLDGS INC COMMON 502424104   1,221 15,937 SH   SOLE 1 15,937 0 0
LABORATORY CORP OF AMERICA COMMON 50540R409   3,449 39,820 SH   SOLE 1 39,820 0 0
LAKELAND FINANCIAL CORP COMMON 511656100   3,341 129,313 SH   SOLE 1 129,313 0 0
LANCASTER COLONY CORP. COMMON 513847103   81 1,181 SH   SOLE 1 1,181 0 0
LASALLE HOTEL PROPERTIES COMMON 517942108   223 8,786 SH   SOLE 1 8,786 0 0
LEAPFROG ENTERPRISES INC COMMON 52186N106   319 37,027 SH   SOLE 1 37,027 0 0
LEIDOS HLDGS INC COMMON 525327102   147 13,013 SH   SOLE 1 13,013 0 0
LEXINGTON CORP PROPERTIES COMMON 529043101   367 35,200 SH   SOLE 1 35,200 0 0
LIBERTY PROPERTY TRUST COMMON 531172104   1,752 48,953 SH   SOLE 1 48,953 0 0
LIFE TECHNOLOGIES CORP COMMON 53217V109   1,565 31,935 SH   SOLE 1 31,935 0 0
ELI LILLY & CO. COMMON 532457108   3,336 67,647 SH   SOLE 1 67,647 0 0
LINCOLN ELECTRIC HOLDINGS COMMON 533900106   500 10,289 SH   SOLE 1 10,289 0 0
LINCOLN NATIONAL CORP IND COMMON 534187109   1,355 52,338 SH   SOLE 1 52,338 0 0
LITHIA MOTORS INC CL A COMMON 536797103   3,735 99,820 SH   SOLE 1 99,820 0 0
LITTLEFUSE COMMON 537008104   3,657 59,269 SH   SOLE 1 59,269 0 0
LOCKHEED MARTIN CORP. COMMON 539830109   1,877 20,345 SH   SOLE 1 20,345 0 0
LSB INDUSTRIES INC COMMON 502160104   4,751 134,134 SH   SOLE 1 134,134 0 0
LSI LOGIC CORP. COMMON 502161102   2,375 335,973 SH   SOLE 1 335,973 0 0
M & T BANK CORPORATION COMMON 55261F104   3,520 35,755 SH   SOLE 1 35,755 0 0
MACK-CALI REALTY CORP COMMON 554489104   18 725 SH   SOLE 1 725 0 0
MACY'S INC COMMON 55616P104   523 13,420 SH   SOLE 1 13,420 0 0
MAGELLAN HEALTH SERVICES INC COMMON 559079207   192 3,931 SH   SOLE 1 3,931 0 0
MARATHON OIL CORP COMMON 565849106   1,394 45,468 SH   SOLE 1 45,468 0 0
MARATHON PETROLEUM CORP COMMON 56585A102   1,743 27,667 SH   SOLE 1 27,667 0 0
MARRIOTT INTERNATIONAL CL A COMMON 571903202   1,425 38,252 SH   SOLE 1 38,252 0 0
MARSH & MCLENNAN COMPANIES COMMON 571748102   3,165 91,830 SH   SOLE 1 91,830 0 0
MASCO CORP. COMMON 574599106   32 1,975 SH   SOLE 1 1,975 0 0
MASTEC INC COMMON 576323109   7,781 312,136 SH   SOLE 1 312,136 0 0
MAXIM INTEGRATED PROD INC COMMON 57772K101   1,208 41,109 SH   SOLE 1 41,109 0 0
MAXIMUS INC COMMON 577933104   6,238 98,686 SH   SOLE 1 98,686 0 0
MCKESSON HBOC INC COMMON 58155Q103   3,959 40,840 SH   SOLE 1 40,840 0 0
MEASUREMENT SPECIALTIES INC COMMON 583421102   2,838 82,522 SH   SOLE 1 82,522 0 0
MEDIDATA SOLUTIONS INC COMMON 58471A105   5,010 127,896 SH   SOLE 1 127,896 0 0
MEDIFAST INC COMMON 58470H101   405 15,379 SH   SOLE 1 15,379 0 0
MEDLEY CAPITAL CORP COMMON 58503F106   98 6,758 SH   SOLE 1 6,758 0 0
MEDNAX INC COMMON 58502B106   5,502 69,194 SH   SOLE 1 69,194 0 0
MERCK & CO INC COMMON 58933Y105   1,142 27,910 SH   SOLE 1 27,910 0 0
MERCURY COMPUTER SYSTEMS COMMON 589378108   276 30,040 SH   SOLE 1 30,040 0 0
METLIFE INC COMMON 59156R108   50 1,525 SH   SOLE 1 1,525 0 0
MICREL INC COMMON 594793101   285 30,000 SH   SOLE 1 30,000 0 0
MICROS SYSTEMS INC COMMON 594901100   3,393 79,970 SH   SOLE 1 79,970 0 0
MICROSEMI CORP COMMON 595137100   4,343 206,448 SH   SOLE 1 206,448 0 0
MICROSOFT CORP. COMMON 594918104   7,634 285,844 SH   SOLE 1 285,844 0 0
MID-AMERICA APARTMENT COMM COMMON 59522J103   246 3,811 SH   SOLE 1 3,811 0 0
MINERALS TECH COMMON 603158106   610 15,304 SH   SOLE 1 15,304 0 0
MKS INSTRUMENTS INC COMMON 55306N104   309 12,009 SH   SOLE 1 12,009 0 0
MOLSON COORS BREWING CO COMMON 60871R209   607 14,188 SH   SOLE 1 14,188 0 0
MONDELEZ INTL INC CL A COMMON 609207105   19 778 SH   SOLE 1 778 0 0
MONOLITHIC POWER SYSTEMS INC COMMON 609839105   330 14,841 SH   SOLE 1 14,841 0 0
MONSANTO CO COMMON 61166W101   3,730 39,410 SH   SOLE 1 39,410 0 0
MOODY'S CORPORATION COMMON 615369105   2,950 58,640 SH   SOLE 1 58,640 0 0
MOOG INC CL A COMMON 615394202   4,142 100,955 SH   SOLE 1 100,955 0 0
MORGAN STANLEY COMMON 617446448   9 500 SH   SOLE 1 500 0 0
MOTOROLA SOLUTIONS INC. COMMON 620076307   9 171 SH   SOLE 1 171 0 0
MULTI-FINELINE ELECTRONIX INC COMMON 62541B101   4,894 242,179 SH   SOLE 1 242,179 0 0
MULTIMEDIA GAMES INC COMMON 625453105   273 18,622 SH   SOLE 1 18,622 0 0
MURPHY OIL CORP. COMMON 626717102   2,037 34,216 SH   SOLE 1 34,216 0 0
MYERS INDUSTRIES COMMON 628464109   300 19,816 SH   SOLE 1 19,816 0 0
MYLAN LABORATORIES INC. COMMON 628530107   4,399 160,258 SH   SOLE 1 160,258 0 0
MYRIAD GENETICS INC COMMON 62855J104   4,581 168,122 SH   SOLE 1 168,122 0 0
NABORS INDUSTRIES LTD COMMON G6359F103   1,246 86,269 SH   SOLE 1 86,269 0 0
NACCO IND INC. CL A COMMON 629579103   749 12,344 SH   SOLE 1 12,344 0 0
NASDAQ STOCK MARKET INC COMMON 631103108   668 26,767 SH   SOLE 1 26,767 0 0
NATIONAL OILWELL VARCO INC COMMON 637071101   4,902 71,733 SH   SOLE 1 71,733 0 0
NATIONAL PENN BANCSHARES INC. COMMON 637138108   249 26,758 SH   SOLE 1 26,758 0 0
NATUS MEDICAL INC COMMON 639050103   287 25,785 SH   SOLE 1 25,785 0 0
NETAPP INC COMMON 64110D104   3,381 100,792 SH   SOLE 1 100,792 0 0
NETGEAR INC COMMON 64111Q104   4,170 105,776 SH   SOLE 1 105,776 0 0
NETSCOUT SYSTEMS INC COMMON 64115T104   215 8,288 SH   SOLE 1 8,288 0 0
NETSPEND HOLDINGS INC COMMON 64118V106   421 35,625 SH   SOLE 1 35,625 0 0
NEWCASTLE INVESTMENT CORP COMMON 65105M108   3,982 458,836 SH   SOLE 1 458,836 0 0
NEXTERA ENERGY INC COMMON 65339F101   1,085 15,690 SH   SOLE 1 15,690 0 0
NORTHROP GRUMMAN CORP COMMON 666807102   2,249 33,282 SH   SOLE 1 33,282 0 0
NORTHWESTERN CORP COMMON 668074305   1,871 53,880 SH   SOLE 1 53,880 0 0
NOVAVAX INC COMMON 670002104   154 81,647 SH   SOLE 1 81,647 0 0
NU SKIN ENTERPRISES INC - A COMMON 67018T105   4,178 112,767 SH   SOLE 1 112,767 0 0
NV ENERGY INC. COMMON 67073Y106   1,283 70,730 SH   SOLE 1 70,730 0 0
NVIDIA CORP COMMON 67066G104   1,662 135,565 SH   SOLE 1 135,565 0 0
OCCIDENTAL PETROLEUM CORP. COMMON 674599105   3,982 51,980 SH   SOLE 1 51,980 0 0
OCEANEERING INTL INC COMMON 675232102   535 9,948 SH   SOLE 1 9,948 0 0
OIL STATES INTERNATIONAL INC COMMON 678026105   5,173 72,313 SH   SOLE 1 72,313 0 0
OLD REPUBLIC INTERNATIONAL COMMON 680223104   32 3,046 SH   SOLE 1 3,046 0 0
OMEGA HEALTHCARE INVESTORS COMMON 681936100   284 11,945 SH   SOLE 1 11,945 0 0
OMNICARE INC COMMON 681904108   172 4,773 SH   SOLE 1 4,773 0 0
OMNICELL INC COMMON 68213N109   428 28,802 SH   SOLE 1 28,802 0 0
OMNICOM GROUP COMMON 681919106   1,022 20,470 SH   SOLE 1 20,470 0 0
ON ASSIGNMENT INC COMMON 682159108   344 16,971 SH   SOLE 1 16,971 0 0
ORACLE CORP COMMON 68389X105   8,019 240,689 SH   SOLE 1 240,689 0 0
ORBITAL SCIENCES CORP. COMMON 685564106   4,039 293,341 SH   SOLE 1 293,341 0 0
PACWEST BANCORP COMMON 695263103   146 5,920 SH   SOLE 1 5,920 0 0
PAPA JOHN'S INTL INC COMMON 698813102   311 5,668 SH   SOLE 1 5,668 0 0
PARKER-HANNIFIN CORP. COMMON 701094104   3,064 36,025 SH   SOLE 1 36,025 0 0
PATTERSON-UTI ENERGY INC COMMON 703481101   88 4,773 SH   SOLE 1 4,773 0 0
PENNYMAC MORTGAGE INVESTMENT COMMON 70931T103   3,506 138,671 SH   SOLE 1 138,671 0 0
PEPSICO INC. COMMON 713448108   24 358 SH   SOLE 1 358 0 0
PERICOM SEMICONDUCTOR CORP COMMON 713831105   2,892 360,151 SH   SOLE 1 360,151 0 0
PERRY ELLIS INTERNATIONAL COMMON 288853104   2,200 110,314 SH   SOLE 1 110,314 0 0
PETSMART INC COMMON 716768106   1,857 27,187 SH   SOLE 1 27,187 0 0
PFIZER INC. COMMON 717081103   1,202 47,958 SH   SOLE 1 47,958 0 0
PHILIP MORRIS INTERNATIONAL COMMON 718172109   4,403 52,645 SH   SOLE 1 52,645 0 0
PIER 1 INC COMMON 720279108   320 16,024 SH   SOLE 1 16,024 0 0
PLUM CREEK TIMBER CO INC COMMON 729251108   38 875 SH   SOLE 1 875 0 0
PNC FINANCIAL SERVICES GROUP COMMON 693475105   5,685 97,505 SH   SOLE 1 97,505 0 0
PNM RESOURCES INC COMMON 69349H107   947 46,205 SH   SOLE 1 46,205 0 0
POLYONE CORPORATION COMMON 73179P106   392 19,227 SH   SOLE 1 19,227 0 0
POTLATCH CORP COMMON 737630103   296 7,576 SH   SOLE 1 7,576 0 0
POZEN INC COMMON 73941U102   255 51,096 SH   SOLE 1 51,096 0 0
PPG INDUSTRIES INC. COMMON 693506107   739 5,462 SH   SOLE 1 5,462 0 0
PPL CORPORATION COMMON 69351T106   1,588 55,490 SH   SOLE 1 55,490 0 0
PRAXAIR INC. COMMON 74005P104   2,189 20,000 SH   SOLE 1 20,000 0 0
PRECISION CASTPARTS CORP COMMON 740189105   3,892 20,550 SH   SOLE 1 20,550 0 0
PRIMERICA INC COMMON 74164M108   171 5,703 SH   SOLE 1 5,703 0 0
PRIMORIS SERVICES CORP COMMON 74164F103   3,556 236,507 SH   SOLE 1 236,507 0 0
PROASSURANCE CORP COMMON 74267C106   6,197 146,896 SH   SOLE 1 146,896 0 0
PROCTER & GAMBLE CO. COMMON 742718109   6,068 89,385 SH   SOLE 1 89,385 0 0
PROSPECT CAPITAL CORP COMMON 74348T102   379 34,940 SH   SOLE 1 34,940 0 0
PROSPERITY BANCSHARES INC COMMON 743606105   5,383 128,179 SH   SOLE 1 128,179 0 0
PROTECTIVE LIFE CORP. COMMON 743674103   5,065 177,239 SH   SOLE 1 177,239 0 0
PUBLIC SERVICE ENTERPRISE COMMON 744573106   1,654 54,063 SH   SOLE 1 54,063 0 0
PVH CORP COMMON 693656100   78 703 SH   SOLE 1 703 0 0
QUALCOMM CORP. COMMON 747525103   5,087 82,245 SH   SOLE 1 82,245 0 0
RAMCO-GERSHENSON PROPERTIES COMMON 751452202   4,367 328,104 SH   SOLE 1 328,104 0 0
RAY JAMES FINL INC. COMMON 754730109   440 11,440 SH   SOLE 1 11,440 0 0
RAYTHEON COMPANY COMMON 755111507   1,924 33,434 SH   SOLE 1 33,434 0 0
REGENCY CENTERS CORP COMMON 758849103   2,789 59,196 SH   SOLE 1 59,196 0 0
RELIANCE STEEL & ALUMINUM COMMON 759509102   92 1,482 SH   SOLE 1 1,482 0 0
RENASANT CORP COMMON 75970E107   3,495 182,627 SH   SOLE 1 182,627 0 0
REYNOLDS AMERICAN INC COMMON 761713106   4,284 103,416 SH   SOLE 1 103,416 0 0
ROBERT HALF INTL INC COMMON 770323103   2,830 88,944 SH   SOLE 1 88,944 0 0
ROCKWELL AUTOMATION INC COMMON 773903109   634 7,557 SH   SOLE 1 7,557 0 0
ROCKWELL COLLINS COMMON 774341101   55 950 SH   SOLE 1 950 0 0
ROSS STORES INC COMMON 778296103   2,108 38,989 SH   SOLE 1 38,989 0 0
ROUNDY'S INC COMMON 779268101   91 20,579 SH   SOLE 1 20,579 0 0
RUDOLPH TECHNOLOGIES INC COMMON 781270103   3,647 271,388 SH   SOLE 1 271,388 0 0
RUE21 INC COMMON 781295100   3,751 132,150 SH   SOLE 1 132,150 0 0
S & P 500 DEPOSITORY RECEIPT COMMON 78462F103   3,631 25,500 SH   SOLE 1 25,500 0 0
SABRA HEALTH CARE REIT INC COMMON 78573L106   4,644 213,821 SH   SOLE 1 213,821 0 0
SAFEWAY STORES INC COMMON 786514208   156 8,642 SH   SOLE 1 8,642 0 0
SANDERSON FARMS INC COMMON 800013104   776 16,333 SH   SOLE 1 16,333 0 0
SAPIENT CORPORATION COMMON 803062108   141 13,375 SH   SOLE 1 13,375 0 0
SCHLUMBERGER LTD. COMMON 806857108   4,613 66,570 SH   SOLE 1 66,570 0 0
SCRIPPS NETWORKS INTERAC COMMON 811065101   3,282 56,681 SH   SOLE 1 56,681 0 0
SEAGATE TECHNOLOGY COMMON G7945M107   1,004 33,024 SH   SOLE 1 33,024 0 0
SELECT COMFORT CORPORATION COMMON 81616X103   177 6,796 SH   SOLE 1 6,796 0 0
SERVICE CORP INTERNATIONAL COMMON 817565104   1,830 132,561 SH   SOLE 1 132,561 0 0
SIGNET JEWELERS LTD COMMON G81276100   1,646 30,840 SH   SOLE 1 30,840 0 0
SINCLAIR BROADCAST GROUP - A COMMON 829226109   2,555 202,477 SH   SOLE 1 202,477 0 0
SKYWORKS SOLUTIONS INC COMMON 83088M102   1,073 52,860 SH   SOLE 1 52,860 0 0
SLM CORP COMMON 78442P106   2,732 159,493 SH   SOLE 1 159,493 0 0
SMITH & WESSON HOLDING CORP COMMON 831756101   241 28,663 SH   SOLE 1 28,663 0 0
SNAP ON INC COMMON 833034101   196 2,487 SH   SOLE 1 2,487 0 0
SONIC AUTOMOTIVE INC COMMON 83545G102   4,668 223,463 SH   SOLE 1 223,463 0 0
SOUTHWEST AIRLINES COMMON 844741108   1,581 154,434 SH   SOLE 1 154,434 0 0
SPECTRANETICS CORP. COMMON 84760C107   169 11,483 SH   SOLE 1 11,483 0 0
SPECTRUM PHARMACEUTICALS INC COMMON 84763A108   2,377 212,568 SH   SOLE 1 212,568 0 0
SPIRIT AIRLINES INC COMMON 848577102   3,057 172,418 SH   SOLE 1 172,418 0 0
SPRINT NEXTEL CORP COMMON 852061100   0 9 SH   SOLE 1 9 0 0
STANDARD MOTOR PRODUCTS INC COMMON 853666105   539 24,280 SH   SOLE 1 24,280 0 0
STARWOOD PROPERTY TRUST INC COMMON 85571B105   227 9,900 SH   SOLE 1 9,900 0 0
STERIS CORP COMMON 859152100   290 8,375 SH   SOLE 1 8,375 0 0
STONE ENERGY CORP COMMON 861642106   4,864 237,075 SH   SOLE 1 237,075 0 0
STURM RUGER & CO. INC. COMMON 864159108   296 6,521 SH   SOLE 1 6,521 0 0
SUNTRUST BANKS INC. COMMON 867914103   1,795 63,350 SH   SOLE 1 63,350 0 0
SUPERIOR ENERGY SERVICES INC COMMON 868157108   527 25,462 SH   SOLE 1 25,462 0 0
SURMODICS INC COMMON 868873100   323 14,456 SH   SOLE 1 14,456 0 0
SWIFT TRANSPORTATION CO COMMON 87074U101   3,005 329,523 SH   SOLE 1 329,523 0 0
SYKES ENTERPRISES INC COMMON 871237103   781 51,337 SH   SOLE 1 51,337 0 0
SYMANTEC CORP COMMON 871503108   1,332 70,778 SH   SOLE 1 70,778 0 0
SYNOPSIS INC. COMMON 871607107   135 4,260 SH   SOLE 1 4,260 0 0
TAL INTERNATIONAL GROUP INC COMMON 874083108   4,415 121,373 SH   SOLE 1 121,373 0 0
TARGA RESOURCES CORP COMMON 87612G101   324 6,132 SH   SOLE 1 6,132 0 0
TASER INTERNATIONAL INC COMMON 87651B104   292 32,770 SH   SOLE 1 32,770 0 0
TELEPHONE AND DATA SYSTEMS COMMON 879433829   1,213 54,792 SH   SOLE 1 54,792 0 0
TELETECH HOLDINGS INC COMMON 879939106   292 16,411 SH   SOLE 1 16,411 0 0
TENNECO AUTOMOTIVE INC COMMON 880349105   4,590 130,732 SH   SOLE 1 130,732 0 0
TEREX CORP COMMON 880779103   4,591 163,343 SH   SOLE 1 163,343 0 0
TESORO PETE CORP. COMMON 881609101   3,131 71,099 SH   SOLE 1 71,099 0 0
TETRA TECH INC. COMMON 88162G103   3,841 145,121 SH   SOLE 1 145,121 0 0
TEXAS ROADHOUSE INC-CLASS A COMMON 882681109   5,817 346,254 SH   SOLE 1 346,254 0 0
THE FINISH LINE INC COMMON 317923100   723 38,198 SH   SOLE 1 38,198 0 0
THE GAP INC. COMMON 364760108   2,277 73,368 SH   SOLE 1 73,368 0 0
THERMO FISHER SCIENTIFIC INC COMMON 883556102   2,295 35,991 SH   SOLE 1 35,991 0 0
TIME WARNER CABLE COMMON 88732J207   644 6,628 SH   SOLE 1 6,628 0 0
TIME WARNER INC COMMON 887317303   3,300 68,996 SH   SOLE 1 68,996 0 0
TITAN INTERNATIONAL INC COMMON 88830M102   271 12,484 SH   SOLE 1 12,484 0 0
TITAN MACHINERY INC COMMON 88830R101   4,812 194,821 SH   SOLE 1 194,821 0 0
TJX COS INC COMMON 872540109   2,429 57,231 SH   SOLE 1 57,231 0 0
TORCHMARK CORP COMMON 891027104   1,529 29,599 SH   SOLE 1 29,599 0 0
TOTAL SYSTEM SERVICES INC COMMON 891906109   2,954 137,919 SH   SOLE 1 137,919 0 0
TRIUMPH GROUP INC COMMON 896818101   8,444 129,313 SH   SOLE 1 129,313 0 0
TRW AUTOMOTIVE HOLDINGS CORP COMMON 87264S106   1,162 21,690 SH   SOLE 1 21,690 0 0
TUPPERWARE CORP COMMON 899896104   4,817 75,149 SH   SOLE 1 75,149 0 0
NEWS CORP INC-CL A COMMON 90130A101   953 37,381 SH   SOLE 1 37,381 0 0
TWO HARBORS INVESTMENT CORP COMMON 90187B101   2,246 202,762 SH   SOLE 1 202,762 0 0
TYSON FOODS INC. CLASS A COMMON 902494103   853 44,018 SH   SOLE 1 44,018 0 0
UGI CORP. COMMON 902681105   1,251 38,266 SH   SOLE 1 38,266 0 0
UMB FINANCIAL CORP COMMON 902788108   3,765 85,925 SH   SOLE 1 85,925 0 0
UMPQUA HOLDINGS CORP COMMON 904214103   38 3,291 SH   SOLE 1 3,291 0 0
UNION PACIFIC CORP. COMMON 907818108   100 800 SH   SOLE 1 800 0 0
UNISYS INC. COMMON 909214306   3,895 225,164 SH   SOLE 1 225,164 0 0
UNITED ONLINE INC COMMON 911268100   767 137,336 SH   SOLE 1 137,336 0 0
UNITED TECHNOLOGIES CORP. COMMON 913017109   926 11,298 SH   SOLE 1 11,298 0 0
UNITEDHEALTH GROUP INC COMMON 91324P102   4,038 74,460 SH   SOLE 1 74,460 0 0
UNS Energy Corp COMMON 903119105   285 6,731 SH   SOLE 1 6,731 0 0
UNUMPROVIDENT CORP COMMON 91529Y106   657 31,600 SH   SOLE 1 31,600 0 0
URS CORP COMMON 903236107   855 21,797 SH   SOLE 1 21,797 0 0
URSTADT BIDDLE - CL A COMMON 917286205   352 17,905 SH   SOLE 1 17,905 0 0
USANA HEALTH SCIENCES INC COMMON 90328M107   656 19,924 SH   SOLE 1 19,924 0 0
VALASSIS COMM INC. COMMON 918866104   109 4,261 SH   SOLE 1 4,261 0 0
VALERO ENERGY CORP COMMON 91913Y100   1,974 57,862 SH   SOLE 1 57,862 0 0
VALUECLICK INC COMMON 92046N102   330 17,026 SH   SOLE 1 17,026 0 0
VANGUARD INDEX FDS S&P 500 ET COMMON 922908363   3,911 60,000 SH   SOLE 1 60,000 0 0
VANGUARD MSCI EAFE ETF COMMON 921943858   563 16,000 SH   SOLE 1 16,000 0 0
VECTREN CORPORATION COMMON 92240G101   450 15,320 SH   SOLE 1 15,320 0 0
VEECO INSTRUMENTS INC COMMON 922417100   2,496 84,655 SH   SOLE 1 84,655 0 0
VERIZON COMMUNICATIONS COMMON 92343V104   84 1,944 SH   SOLE 1 1,944 0 0
VIACOM INC-CLASS B COMMON 92553P201   22 425 SH   SOLE 1 425 0 0
VICAL INC COMMON 925602104   275 94,841 SH   SOLE 1 94,841 0 0
VISA INC-CLASS A SHARES COMMON 92826C839   4,044 26,682 SH   SOLE 1 26,682 0 0
VIVUS INC COMMON 928551100   351 26,166 SH   SOLE 1 26,166 0 0
VOLTERRA SEMICONDUCTOR CORP COMMON 928708106   2,531 147,463 SH   SOLE 1 147,463 0 0
WAL MART STORES INC. COMMON 931142103   1,819 26,672 SH   SOLE 1 26,672 0 0
WALGREEN CO. COMMON 931422109   649 17,539 SH   SOLE 1 17,539 0 0
WATTS INDUSTRIES CLASS A COMMON 942749102   297 6,930 SH   SOLE 1 6,930 0 0
WELLS FARGO CO COMMON 949746101   11,145 326,083 SH   SOLE 1 326,083 0 0
WESBANCO INC COMMON 950810101   2,400 108,045 SH   SOLE 1 108,045 0 0
WESTERN DIGITAL CORP. COMMON 958102105   2,969 69,879 SH   SOLE 1 69,879 0 0
WESTERN REFINING INC COMMON 959319104   363 12,891 SH   SOLE 1 12,891 0 0
WESTERN UNION COMPANY COMMON 959802109   4 325 SH   SOLE 1 325 0 0
WESTLAKE CHEMICAL CORP COMMON 960413102   665 8,395 SH   SOLE 1 8,395 0 0
WEYERHAEUSER CO. COMMON 962166104   54 1,954 SH   SOLE 1 1,954 0 0
WISCONSIN ENERGY CORP. COMMON 976657106   82 2,250 SH   SOLE 1 2,250 0 0
WORLD FUEL SERVICES CORP COMMON 981475106   1,736 42,169 SH   SOLE 1 42,169 0 0
WORTHINGTON INDUSTRIES INC COMMON 981811102   671 25,818 SH   SOLE 1 25,818 0 0
WYNDHAM WORLDWIDE CORP COMMON 98310W108   2,602 48,915 SH   SOLE 1 48,915 0 0
XCEL ENERGY INC COMMON 98389B100   982 36,800 SH   SOLE 1 36,800 0 0
XEROX CORP. COMMON 984121103   1,455 213,411 SH   SOLE 1 213,411 0 0
XL GROUP PLC F COMMON G98290102   1,861 74,285 SH   SOLE 1 74,285 0 0
YUM BRANDS INC COMMON 988498101   4,163 62,700 SH   SOLE 1 62,700 0 0
ZEBRA TECH CL A COMMON 989207105   1,986 50,523 SH   SOLE 1 50,523 0 0
ZIMMER HOLDINGS INC COMMON 98956P102   1,045 15,690 SH   SOLE 1 15,690 0 0