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
AES Corporation COMMON 00130H105 176,793 12,467,749 SH   SOLE   10,335,849 0 2,131,900
Agilent Technologies, Inc. COMMON 00846U101 177,755 3,119,612 SH   SOLE   2,577,412 0 542,200
Alcoa Inc. COMMON 013817101 137,227 8,528,728 SH   SOLE   7,062,228 0 1,466,500
Altria Group Inc. COMMON 02209S103 300 6,535 SH   SOLE   6,535 0 0
American Intl Group, Inc. COMMON 026874784 176,227 3,262,261 SH   SOLE   2,701,661 0 560,600
Applied Materials COMMON 038222105 143,187 6,625,951 SH   SOLE   5,496,351 0 1,129,600
Baker Hughes Inc. COMMON 057224107 142,017 2,182,855 SH   SOLE   1,805,455 0 377,400
Bank of America Corporatio COMMON 060505104 199,879 11,723,117 SH   SOLE   9,711,817 0 2,011,300
BP PLC Sponsored ADR COMMON 055622104 162,039 3,686,899 SH   SOLE   3,017,699 0 669,200
Capital One Financial Corp COMMON 14040H105 155,973 1,910,971 SH   SOLE   1,582,471 0 328,500
Chubb Corporation COMMON 171232101 395 4,334 SH   SOLE   4,334 0 0
CIT Group Inc COMMON 125581801 172,645 3,756,409 SH   SOLE   3,107,709 0 648,700
CitiGroup, Inc. COMMON 172967424 200,767 3,874,323 SH   SOLE   3,220,823 0 653,500
Citizens Financial Group COMMON 174610105 121,745 5,198,315 SH   SOLE   4,391,715 0 806,600
Comcast Corporation Class A COMMON 20030N101 161,358 3,000,338 SH   SOLE   2,481,738 0 518,600
CVS Caremark Corporation COMMON 126650100 164,213 2,063,233 SH   SOLE   1,690,533 0 372,700
DIRECTV Group Inc COMMON 25490A309 757 8,750 SH   SOLE   8,750 0 0
E. I. du Pont de Nemours & COMMON 263534109 131,522 1,832,798 SH   SOLE   1,525,198 0 307,600
Exxon Mobil Corp COMMON 30231G102 289 3,074 SH   SOLE   3,074 0 0
General Electric Company COMMON 369604103 188,157 7,344,132 SH   SOLE   6,069,732 0 1,274,400
Goldman Sachs Group Inc COMMON 38141G104 312 1,700 SH   SOLE   1,700 0 0
Google Inc. Cl A COMMON 38259P508 87,390 148,519 SH   SOLE   118,969 0 29,550
Google Inc. Cl C COMMON 38259P706 81,699 141,504 SH   SOLE   120,254 0 21,250
Hess Corporation COMMON 42809H107 150,638 1,597,093 SH   SOLE   1,320,093 0 277,000
Hospira Inc COMMON 441060100 144,937 2,785,635 SH   SOLE   2,308,035 0 477,600
Intl Business Machines COMMON 459200101 389 2,048 SH   SOLE   2,048 0 0
International Paper Corp. COMMON 460146103 162,589 3,405,712 SH   SOLE   2,815,512 0 590,200
Jabil Circuit, Inc. COMMON 466313103 245 12,165 SH   SOLE   12,165 0 0
JetBlue Airways Corporation COMMON 477143101 496 46,666 SH   SOLE   46,666 0 0
Lowe's Companies, Inc. COMMON 548661107 160,601 3,034,788 SH   SOLE   2,513,988 0 520,800
Marsh & McLennan Companies Inc. COMMON 571748102 142,233 2,717,478 SH   SOLE   2,234,778 0 482,700
Merck & Co. Inc. COMMON 58933Y105 498 8,400 SH   SOLE   8,400 0 0
Microsoft Corp COMMON 594918104 160,457 3,461,118 SH   SOLE   2,865,318 0 595,800
Newmont Mining Corporation COMMON 651639106 123,432 5,354,985 SH   SOLE   4,415,885 0 939,100
Novartis AG ADR COMMON 66987V109 161,647 1,717,269 SH   SOLE   1,405,069 0 312,200
Owens-Illinois, Inc. COMMON 690768403 130,514 5,010,151 SH   SOLE   4,149,851 0 860,300
Phillip Morris International COMMON 718172109 489 5,866 SH   SOLE   5,866 0 0
PNC Financial Svces Grp COMMON 693475105 311 3,634 SH   SOLE   3,634 0 0
Procter & Gamble Company COMMON 742718109 185,423 2,214,273 SH   SOLE   1,831,773 0 382,500
Qualcomm Inc. COMMON 747525103 193,628 2,589,651 SH   SOLE   2,142,051 0 447,600
Reliance Steel & Aluminum COMMON 759509102 161,602 2,362,602 SH   SOLE   1,953,402 0 409,200
Sanofi ADR COMMON 80105N105 182,540 3,234,811 SH   SOLE   2,663,011 0 571,800
TJX Companies, Inc. COMMON 872540109 771 13,034 SH   SOLE   13,034 0 0
Texas Instruments Inc. COMMON 882508104 137,441 2,881,962 SH   SOLE   2,377,262 0 504,700
Thermo Fisher Scientific, COMMON 883556102 199,159 1,636,472 SH   SOLE   1,351,472 0 285,000
Time Warner, Inc. COMMON 887317303 133,277 1,772,066 SH   SOLE   1,478,466 0 293,600
Vodafone Group Plc ADR COMMON 92857W308 155,478 4,727,226 SH   SOLE   3,886,126 0 841,100
WellPoint Inc. COMMON 94973V107 161,442 1,349,620 SH   SOLE   1,117,620 0 232,000
Aon PLC COMMON G0408V102 168,683 1,924,070 SH   SOLE   1,574,070 0 350,000
Invesco Ltd. COMMON G491BT108 160,571 4,067,136 SH   SOLE   3,333,336 0 733,800
Weatherford Intl, Ltd. COMMON G48833100 117,819 5,664,381 SH   SOLE   4,672,581 0 991,800
Flextronics International COMMON Y2573F102 131,151 12,708,451 SH   SOLE   10,445,851 0 2,262,600