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
BYD COMPANY LTD COMMON STOCK 6536651 313 80,100 SH   SOLE 0 80,100 0 0
NEW CHINA LIFE INSURANCE COMMON STOCK B5730Z1 743 147,100 SH   SOLE 0 147,100 0 0
HUTCHISON WHAMPOA COMMON STOCK 6448068 552 48,000 SH   SOLE 0 48,000 0 0
PING AN INSURANCE CO LTD (HK) COMMON STOCK B01FLR7 1,217 119,300 SH   SOLE 0 119,300 0 0
GREAT WALL MOTOR COMPANY (CHINA) COMMON STOCK 6718255 401 70,600 SH   SOLE 0 70,600 0 0
TENCENT HOLDINGS LTD COMMON STOCK BMMV2K8 551 38,000 SH   SOLE 0 38,000 0 0
APPLE INC COMMON STOCK 037833100 3,037 27,510 SH   SOLE 0 27,510 0 0
ABB LTD ADR COMMON STOCK 000375204 425 20,095 SH   SOLE 0 20,095 0 0
ACACIA RESEARCH CORP COMMON STOCK 003881307 2,960 174,748 SH   SOLE 0 174,748 0 0
AMERICAN INTERNATIONAL GROUP INC. COMMON STOCK 026874784 699 12,475 SH   SOLE 0 12,475 0 0
ALLY FINANCIAL INC COMMON STOCK 02005N100 3,164 133,955 SH   SOLE 0 133,955 0 0
AMETEK, INC COMMON STOCK 031100100 947 17,985 SH   SOLE 0 17,985 0 0
AMERICA MOVIL SER L ADR COMMON STOCK 02364W105 526 23,726 SH   SOLE 0 23,726 0 0
AMAZON.COM COMMON STOCK 023135106 1,435 4,625 SH   SOLE 0 4,625 0 0
AON PCL COMMON STOCK G0408V102 3,145 33,164 SH   SOLE 0 33,164 0 0
ARUBA NETWORKS COMMON STOCK 043176106 2,594 142,699 SH   SOLE 0 142,699 0 0
ASML HOLDING NV COMMON STOCK N07059210 775 7,185 SH   SOLE 0 7,185 0 0
BANKAMERICA CORP COMMON STOCK 060505104 6,289 351,562 SH   SOLE 0 351,562 0 0
CREDICORP LTD SA COMMON STOCK G2519Y108 535 3,340 SH   SOLE 0 3,340 0 0
BASF ADR COMMON STOCK 055262505 646 7,745 SH   SOLE 0 7,745 0 0
BROCADE COMMUNICATIONS SYSTEMS COMMON STOCK 111621306 3,104 262,140 SH   SOLE 0 262,140 0 0
BROADCOM CORP COMMON STOCK 111320107 2,817 65,009 SH   SOLE 0 65,009 0 0
BIO-REFERENCE LABORATORIES INC. COMMON STOCK 09057G602 517 16,080 SH   SOLE 0 16,080 0 0
BYD CO LTD COMMON STOCK B01XKF2 46 11,665 SH   SOLE 0 11,665 0 0
CATERPILLAR INC COMMON STOCK 149123101 590 6,450 SH   SOLE 0 6,450 0 0
CHICAGO BRIDGE IRON COMPANY NV COMMON STOCK 167250109 365 8,690 SH   SOLE 0 8,690 0 0
CROWN CASTLE INTL CORP COMMON STOCK 22822V101 4,715 59,913 SH   SOLE 0 59,913 0 0
CELGENE CORP COMMON STOCK 151020104 1,091 9,750 SH   SOLE 0 9,750 0 0
CIE FINANCIERE RICHEMON - REG COMMON STOCK BCRWZ18 370 4,145 SH   SOLE 0 4,145 0 0
CHINA TELECOM COMMON STOCK 16941M109 324 5,515 SH   SOLE 0 5,515 0 0
CUMMINS INC. COMMON STOCK 231021106 757 5,250 SH   SOLE 0 5,250 0 0
CVS CAREMARK CORP COMMON STOCK 126650100 3,422 35,530 SH   SOLE 0 35,530 0 0
CEMEX S.A.B. DE C.V. ADR COMMON STOCK 151290889 435 42,721 SH   SOLE 0 42,721 0 0
GROUPE DANONE ADR COMMON STOCK 23636T100 642 49,328 SH   SOLE 0 49,328 0 0
DEERE CO COMMON STOCK 244199105 641 7,240 SH   SOLE 0 7,240 0 0
DIAGO PLC ADR COMMON STOCK 25243Q205 1,224 10,725 SH   SOLE 0 10,725 0 0
DANAHER CORPORATION COMMON STOCK 235851102 4,780 55,767 SH   SOLE 0 55,767 0 0
DUNKIN' BRANDS GROUP INC COMMON STOCK 265504100 617 14,475 SH   SOLE 0 14,475 0 0
DENBURY RESOURCES INC COMMON STOCK 247916208 391 48,145 SH   SOLE 0 48,145 0 0
PHYSICIANS REALTY TRUST COMMON STOCK 71943U104 2,167 130,560 SH   SOLE 0 130,560 0 0
DERMA SCIENCES INC COMMON STOCK 249827502 112 12,000 SH   SOLE 0 12,000 0 0
8X8 INC COMMON STOCK 282914100 3,355 366,316 SH   SOLE 0 366,316 0 0
ELECTROLUX ADR COMMON STOCK 010198208 523 8,920 SH   SOLE 0 8,920 0 0
EASTMAN CHEMICAL COMMON STOCK 277432100 590 7,780 SH   SOLE 0 7,780 0 0
ISHARES MSCI EUROPE FINANCIALS ETF COMMON STOCK 464289180 936 42,510 SH   SOLE 0 42,510 0 0
FLUOR CORP COMMON STOCK 343412102 497 8,190 SH   SOLE 0 8,190 0 0
GILEAD SCIENCES INC COMMON STOCK 375558103 2,509 26,615 SH   SOLE 0 26,615 0 0
HSBC HOLDINGS COMMON STOCK B00JZT0 772 82,515 SH   SOLE 0 82,515 0 0
HUDSON TECHNOLOGIES COMMON STOCK 444144109 86 22,700 SH   SOLE 0 22,700 0 0
HUANENG POWER INTERNATIONAL COMMON STOCK 443304100 489 9,035 SH   SOLE 0 9,035 0 0
HEALTH NET INC COMMON STOCK 42222G108 4,332 80,928 SH   SOLE 0 80,928 0 0
HENRY SCHEIN INC COMMON STOCK 806407102 516 3,790 SH   SOLE 0 3,790 0 0
HUBBELL ORD SHARES CLASS B COMMON STOCK 443510201 2,523 23,614 SH   SOLE 0 23,614 0 0
HYUNDAI MOTOR CO. GDR COMMON STOCK 449187707 347 4,280 SH   SOLE 0 4,280 0 0
ILLUMINA INC COMMON STOCK 452327109 1,415 7,665 SH   SOLE 0 7,665 0 0
INTEL CORP COMMON STOCK 458140100 351 9,680 SH   SOLE 0 9,680 0 0
INTUIT INC COMMON STOCK 461202103 4,387 47,584 SH   SOLE 0 47,584 0 0
IROBOT COMMON STOCK 462726100 448 12,900 SH   SOLE 0 12,900 0 0
JP MORGAN CHASE AND COMPANY COMMON STOCK 46625H100 6,910 110,426 SH   SOLE 0 110,426 0 0
NORDSTROM INC COMMON STOCK 655664100 527 6,635 SH   SOLE 0 6,635 0 0
LEAR CORPORATION COMMON STOCK 521865204 2,833 28,883 SH   SOLE 0 28,883 0 0
LKQ CORPORATION COMMON STOCK 501889208 3,312 117,785 SH   SOLE 0 117,785 0 0
LUMENIS LTD COMMON STOCK BJWW0T5 1,408 150,742 SH   SOLE 0 150,742 0 0
LUXOTTICA ADR REPTG 1 ORD SHS COMMON STOCK 55068R202 550 10,095 SH   SOLE 0 10,095 0 0
3M CORP COMMON STOCK 88579Y101 3,105 18,899 SH   SOLE 0 18,899 0 0
MOSYS INC. COMMON STOCK 619718109 343 183,464 SH   SOLE 0 183,464 0 0
MWI VETERINARY SUPPLY INC COMMON STOCK 55402X105 3,511 20,665 SH   SOLE 0 20,665 0 0
NATIONAL AUSTRALIA BANK COMMON STOCK 632525408 515 37,750 SH   SOLE 0 37,750 0 0
NATURAL GAS SERVICES COMMON STOCK 63886Q109 2,067 89,720 SH   SOLE 0 89,720 0 0
NESTLE SA - SPONS ADR FOR REG COMMON STOCK 641069406 3,269 44,808 SH   SOLE 0 44,808 0 0
NXP SEMICONDUCTORS NV COMMON STOCK N6596X109 3,874 50,707 SH   SOLE 0 50,707 0 0
ORACLE CORP COMMON STOCK 68389X105 4,766 105,988 SH   SOLE 0 105,988 0 0
PRECISION CASTPARTS CORP COMMON STOCK 740189105 947 3,930 SH   SOLE 0 3,930 0 0
ETF ISHARE S P US PREFERRED STOCK INDEX DIVERS'D HI YIE 464288687 1,001 25,376 SH   SOLE 0 25,376 0 0
PNC FINANCIAL SERVICES GROUP COMMON STOCK 693475105 5,079 55,667 SH   SOLE 0 55,667 0 0
POTASH CORP OF SASKATECHEWAN COMMON STOCK 2696377 3,035 85,935 SH   SOLE 0 85,935 0 0
QUALCOM INC COMMON STOCK 747525103 458 6,160 SH   SOLE 0 6,160 0 0
ROYAL DUTCH SHELL PLC-ADR COMMON STOCK 780259206 521 7,789 SH   SOLE 0 7,789 0 0
REINSURANCE GROUP OF AMERICA INC. COMMON STOCK 759351604 4,328 49,393 SH   SOLE 0 49,393 0 0
ROCHE HOLDINGS LTD - ADR COMMON STOCK 771195104 1,387 40,800 SH   SOLE 0 40,800 0 0
SIEMENS ADR COMMON STOCK 826197501 1,277 11,400 SH   SOLE 0 11,400 0 0
SIRONA DENTAL SYSTEMS INC. COMMON STOCK 82966C103 519 5,945 SH   SOLE 0 5,945 0 0
SKULLCANDY INC COMMON STOCK 83083J104 113 12,315 SH   SOLE 0 12,315 0 0
SCHLUMBERGER LIMITED COMMON STOCK 806857108 238 2,790 SH   SOLE 0 2,790 0 0
SHARPS COMPLIANCE CORP COMMON STOCK 820017101 696 163,444 SH   SOLE 0 163,444 0 0
SYNOPSYS INC COMMON STOCK 871607107 743 17,100 SH   SOLE 0 17,100 0 0
SASOL LTD ADR COMMON STOCK 803866300 338 8,910 SH   SOLE 0 8,910 0 0
TORONTO DOMINION COMMON STOCK 891160509 438 9,162 SH   SOLE 0 9,162 0 0
TAIWAN SEMICONDUCTOR COMMON STOCK 874039100 572 25,555 SH   SOLE 0 25,555 0 0
UNILEVER COMMON STOCK 904784709 586 15,000 SH   SOLE 0 15,000 0 0
UNITED TECHNOLOGIES CORP COMMON STOCK 913017109 449 3,900 SH   SOLE 0 3,900 0 0
VISA INC COMMON STOCK 92826C839 4,453 16,985 SH   SOLE 0 16,985 0 0
VALE ONE ADR COMMON STOCK 2857334 102 12,500 SH   SOLE 0 12,500 0 0
VF CORP COMMON STOCK 918204108 1,471 19,640 SH   SOLE 0 19,640 0 0
VIACOM INC COMMON STOCK 92553P201 2,917 38,766 SH   SOLE 0 38,766 0 0
TELECOMUNICAS DE SP ADR COMMON STOCK 87936R106 259 14,650 SH   SOLE 0 14,650 0 0
VIVENDI SA COMMON STOCK 4834777 447 17,840 SH   SOLE 0 17,840 0 0
VALERO ENERGY CORP COMMON STOCK 91913Y100 2,765 55,862 SH   SOLE 0 55,862 0 0
VOLKSWAGEN COMMON STOCK 5497102 508 2,330 SH   SOLE 0 2,330 0 0
VERISK ANALYTICS INC. CLASS A COMMON STOCK 92345Y106 3,297 51,475 SH   SOLE 0 51,475 0 0
WACKER CHEMIE AG GERMAN SHARES COMMON STOCK B11Y568 496 4,500 SH   SOLE 0 4,500 0 0
WALMART DE MEX ADR COMMON STOCK 2136088 605 28,225 SH   SOLE 0 28,225 0 0
WNS HOLDINGS LTD ADR COMMON STOCK 92932M101 313 15,133 SH   SOLE 0 15,133 0 0
SPDR S P RETAIL ETF COMMON STOCK 78464A714 3,104 32,330 SH   SOLE 0 32,330 0 0