The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
|
||||||||||||||||
| 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 |
| Amphenol Corp. | COM | 032095101 | 707 | 12,000 | SH | DFND | 0 | 0 | 12,000 | ||
| Anadarko Petroleum Corp. | COM | 032511107 | 1,491 | 18,000 | SH | DFND | 0 | 15,000 | 3,000 | ||
| Arthur J. Gallagher & Company | COM | 363576109 | 1,596 | 34,129 | SH | DFND | 0 | 34,129 | 0 | ||
| BankUnited, Inc. | COM | 06652K103 | 938 | 28,637 | SH | DFND | 0 | 28,637 | 0 | ||
| Banner Corporation | COM | 06652V208 | 1,097 | 23,902 | SH | DFND | 0 | 23,902 | 0 | ||
| Belmond, Ltd. - Class A | COM | G1154H107 | 1,748 | 142,313 | SH | DFND | 0 | 142,313 | 0 | ||
| Big Lots, Inc. | COM | 089302103 | 13,918 | 289,782 | SH | DFND | 0 | 289,782 | 0 | ||
| Brown & Brown, Inc. | COM | 115236101 | 430 | 13,000 | SH | DFND | 0 | 13,000 | 0 | ||
| CVS Health Corp. | COM | 126650100 | 1,034 | 10,020 | SH | DFND | 0 | 0 | 10,020 | ||
| Checkpoint Systems, Inc. | COM | 162825103 | 1,409 | 130,236 | SH | DFND | 0 | 130,236 | 0 | ||
| Columbia Banking System, Inc. | COM | 197236102 | 1,572 | 54,272 | SH | DFND | 0 | 54,272 | 0 | ||
| Comstock Resources, Inc. | COM | 205768203 | 41 | 11,500 | SH | DFND | 0 | 11,500 | 0 | ||
| Crocs, Inc. | COM | 227046109 | 1,613 | 136,600 | SH | DFND | 0 | 136,600 | 0 | ||
| DeVry Education Group Inc. | COM | 251893103 | 5,604 | 167,994 | SH | DFND | 0 | 167,994 | 0 | ||
| EOG Resources, Inc. | COM | 26875P101 | 4,584 | 50,000 | SH | DFND | 0 | 50,000 | 0 | ||
| Express, Inc. | COM | 30219E103 | 1,339 | 81,019 | SH | DFND | 0 | 81,019 | 0 | ||
| FEI Company | COM | 30241L109 | 2,406 | 31,521 | SH | DFND | 0 | 31,521 | 0 | ||
| IPG Photonics Corp. | COM | 44980X109 | 463 | 5,000 | SH | DFND | 0 | 5,000 | 0 | ||
| ITT Educational Services, Inc. | COM | 45068B109 | 188 | 27,630 | SH | DFND | 0 | 27,630 | 0 | ||
| Interpublic Group of Companies | COM | 460690100 | 243 | 11,000 | SH | DFND | 0 | 0 | 11,000 | ||
| Jack Henry & Associates, Inc. | COM | 426281101 | 2,708 | 38,748 | SH | DFND | 0 | 38,748 | 0 | ||
| MGIC Investment Corp. | COM | 552848103 | 5,101 | 529,700 | SH | DFND | 0 | 529,700 | 0 | ||
| Nat.West.Life Ins. | COM | 638522102 | 10,621 | 41,767 | SH | DFND | 0 | 41,767 | 0 | ||
| PTC Inc. | COM | 69370C100 | 2,332 | 64,461 | SH | DFND | 0 | 54,461 | 10,000 | ||
| Pall Corp. | COM | 696429307 | 502 | 5,000 | SH | DFND | 0 | 0 | 5,000 | ||
| Pier 1 Imports | COM | 720279108 | 1,180 | 84,425 | SH | DFND | 0 | 84,425 | 0 | ||
| Praxair, Inc. | COM | 74005P104 | 483 | 4,000 | SH | DFND | 0 | 0 | 4,000 | ||
| Precision Castparts Corp. | COM | 740189105 | 756 | 3,600 | SH | DFND | 0 | 0 | 3,600 | ||
| QLogic Corp. | COM | 747277101 | 295 | 20,000 | SH | DFND | 0 | 20,000 | 0 | ||
| Radian Group, Inc. | COM | 750236101 | 6,900 | 410,958 | SH | DFND | 0 | 410,958 | 0 | ||
| Rofin-Sinar Technologies, Inc. | COM | 775043102 | 363 | 15,000 | SH | DFND | 0 | 15,000 | 0 | ||
| Rogers Corp. | COM | 775133101 | 11,023 | 134,089 | SH | DFND | 0 | 134,089 | 0 | ||
| Ryman Hospitality Properties, | COM | 78377T107 | 4,103 | 67,362 | SH | DFND | 0 | 67,362 | 0 | ||
| Stone Energy Corp. | COM | 861642106 | 654 | 44,570 | SH | DFND | 0 | 44,570 | 0 | ||
| TJX Companies | COM | 872540109 | 4,018 | 57,358 | SH | DFND | 0 | 57,358 | 0 | ||
| Texas Instruments, Inc. | COM | 882508104 | 231 | 4,036 | SH | DFND | 0 | 0 | 4,036 | ||
| Timberland Bancorp. | COM | 887098101 | 2,641 | 247,297 | SH | DFND | 0 | 247,297 | 0 | ||
| Time Warner, Inc. | COM | 887317303 | 338 | 3,998 | SH | DFND | 0 | 0 | 3,998 | ||
| United Rentals, Inc. | COM | 911363109 | 4,132 | 45,332 | SH | DFND | 0 | 45,332 | 0 | ||
| Universal Health Services, Inc | COM | 913903100 | 22,155 | 188,216 | SH | DFND | 0 | 185,216 | 3,000 | ||
| Vishay Intertechnology, Inc. | COM | 928298108 | 276 | 20,000 | SH | DFND | 0 | 20,000 | 0 | ||
| Volt Information Sciences, Inc | COM | 928703107 | 2,202 | 187,264 | SH | DFND | 0 | 187,264 | 0 | ||
| Willis Group Holdings plc | COM | G96666105 | 14,031 | 291,213 | SH | DFND | 0 | 291,213 | 0 | ||
| Xylem, Inc. | COM | 98419M100 | 210 | 6,000 | SH | DFND | 0 | 0 | 6,000 | ||
| Yadkin Financial Corp. | COM | 984305102 | 507 | 25,000 | SH | DFND | 0 | 25,000 | 0 | ||