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
ABBVIE INC COM 00287Y109 1,560 28,679 SH   SOLE 20,888 0 7,791
AGREE REALTY CORP COM 008492100 383 12,844 SH   SOLE 12,844 0 0
ALLETE INC COM NEW 018522300 2,437 48,268 SH   SOLE 47,284 0 984
ALLIANT ENERGY CORP COM 018802108 2,042 34,912 SH   SOLE 33,797 0 1,115
ALLISON TRANSMISSION HLDGS I COM 01973R101 6,434 241,062 SH   SOLE 227,658 0 13,404
AMDOCS LTD SHS G02602103 2,586 45,471 SH   SOLE 44,016 0 1,455
AMERICAN AIRLS GROUP INC COM 02376R102 734 18,911 SH   SOLE 13,426 0 5,485
AMERICAN EXPRESS CO COM 025816109 1,302 17,568 SH   SOLE 16,012 0 1,556
AMERICAN FINL GROUP INC OHIO COM 025932104 4,186 60,751 SH   SOLE 59,369 0 1,382
AMERICAN INTL GROUP INC COM NEW 026874784 981 17,265 SH   SOLE 12,271 0 4,994
AMERICAN WTR WKS CO INC NEW COM 030420103 2,317 42,067 SH   SOLE 40,727 0 1,340
AMERISOURCEBERGEN CORP COM 03073E105 4,272 44,969 SH   SOLE 43,537 0 1,432
AMGEN INC COM 031162100 773 5,592 SH   SOLE 3,970 0 1,622
APPLE INC COM 037833100 2,013 18,247 SH   SOLE 13,470 0 4,777
ATLAS FINANCIAL HOLDINGS INC SHS NEW G06207115 457 24,684 SH   SOLE 24,684 0 0
BANCORPSOUTH INC COM 059692103 4,519 190,099 SH   SOLE 185,525 0 4,574
BANK AMER CORP COM 060505104 2,193 140,782 SH   SOLE 109,984 0 30,798
BANNER CORP COM NEW 06652V208 5,052 105,763 SH   SOLE 103,380 0 2,383
BELDEN INC COM 077454106 2,496 53,458 SH   SOLE 52,271 0 1,187
BLACKROCK INC COM 09247X101 1,714 5,762 SH   SOLE 4,653 0 1,109
BLUEROCK RESIDENT GR REIT IN COM CL A 09627J102 770 64,237 SH   SOLE 64,237 0 0
BOEING CO COM 097023105 1,244 9,498 SH   SOLE 7,011 0 2,487
BRISTOL MYERS SQUIBB CO COM 110122108 232 3,927 SH   SOLE 3,927 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 2,903 228,965 SH   SOLE 222,220 0 6,745
CALIFORNIA WTR SVC GROUP COM 130788102 488 22,084 SH   SOLE 22,084 0 0
CAMBREX CORP COM 132011107 441 11,117 SH   SOLE 11,117 0 0
CAPITAL ONE FINL CORP COM 14040H105 1,262 17,402 SH   SOLE 13,067 0 4,335
CARDINAL HEALTH INC COM 14149Y108 876 11,402 SH   SOLE 8,588 0 2,814
CASCADE BANCORP COM NEW 147154207 275 50,857 SH   SOLE 50,857 0 0
CATALENT INC COM 148806102 4,387 180,521 SH   SOLE 176,179 0 4,342
CBS CORP NEW CL B 124857202 702 17,586 SH   SOLE 12,490 0 5,096
CHESAPEAKE LODGING TR SH BEN INT 165240102 4,221 161,968 SH   SOLE 158,381 0 3,587
CHEVRON CORP NEW COM 166764100 878 11,126 SH   SOLE 7,882 0 3,244
CISCO SYS INC COM 17275R102 1,241 47,262 SH   SOLE 37,335 0 9,927
CITIGROUP INC COM NEW 172967424 2,517 50,728 SH   SOLE 38,740 0 11,988
CITY OFFICE REIT INC COM 178587101 256 22,558 SH   SOLE 22,558 0 0
CLUBCORP HLDGS INC COM 18948M108 4,762 221,907 SH   SOLE 217,004 0 4,903
COLUMBIA BKG SYS INC COM 197236102 4,627 148,245 SH   SOLE 144,708 0 3,537
COLUMBIA SPORTSWEAR CO COM 198516106 3,813 64,860 SH   SOLE 63,202 0 1,658
COMCAST CORP NEW CL A 20030N101 1,454 25,554 SH   SOLE 19,011 0 6,543
CONCHO RES INC COM 20605P101 2,294 23,336 SH   SOLE 22,593 0 743
CONOCOPHILLIPS COM 20825C104 1,039 21,665 SH   SOLE 17,730 0 3,935
CONSTELLATION BRANDS INC CL A 21036P108 4,363 34,847 SH   SOLE 33,734 0 1,113
CU BANCORP CALIF COM 126534106 308 13,732 SH   SOLE 13,732 0 0
CURTISS WRIGHT CORP COM 231561101 4,813 77,114 SH   SOLE 75,243 0 1,871
CVS HEALTH CORP COM 126650100 213 2,205 SH   SOLE 2,205 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 1,530 34,099 SH   SOLE 26,049 0 8,050
DISCOVER FINL SVCS COM 254709108 1,413 27,173 SH   SOLE 19,801 0 7,372
DST SYS INC DEL COM 233326107 3,824 36,374 SH   SOLE 35,580 0 794
E M C CORP MASS COM 268648102 1,089 45,057 SH   SOLE 35,941 0 9,116
ENTERPRISE PRODS PARTNERS L COM 293792107 470 18,886 SH   SOLE 14,321 0 4,565
EOG RES INC COM 26875P101 1,012 13,899 SH   SOLE 10,189 0 3,710
EPR PPTYS COM SH BEN INT 26884U109 1,588 30,784 SH   SOLE 30,197 0 587
EXXON MOBIL CORP COM 30231G102 1,819 24,465 SH   SOLE 18,560 0 5,905
FEI CO COM 30241L109 4,894 67,005 SH   SOLE 65,403 0 1,602
FIRST REP BK SAN FRANCISCO C COM 33616C100 2,311 36,819 SH   SOLE 35,648 0 1,171
FLUOR CORP NEW COM 343412102 575 13,574 SH   SOLE 10,264 0 3,310
FOOT LOCKER INC COM 344849104 3,309 45,983 SH   SOLE 44,518 0 1,465
G & K SVCS INC CL A 361268105 5,336 80,089 SH   SOLE 78,279 0 1,810
GENERAL ELECTRIC CO COM 369604103 2,858 113,318 SH   SOLE 84,645 0 28,673
GERMAN AMERN BANCORP INC COM 373865104 297 10,137 SH   SOLE 10,137 0 0
GILEAD SCIENCES INC COM 375558103 1,428 14,547 SH   SOLE 10,726 0 3,821
GLACIER BANCORP INC NEW COM 37637Q105 3,055 115,761 SH   SOLE 112,874 0 2,887
Google Class A COM 02079K305 1,869 2,928 SH   SOLE 2,048 0 880
GP STRATEGIES CORP COM 36225V104 231 10,119 SH   SOLE 10,119 0 0
GRACO INC COM 384109104 3,473 51,811 SH   SOLE 50,182 0 1,629
GRAMERCY PPTY TR INC COM NEW 38489R605 1,288 61,990 SH   SOLE 61,990 0 0
GREAT WESTN BANCORP INC COM 391416104 6,749 266,010 SH   SOLE 260,080 0 5,930
GREENBRIER COS INC COM 393657101 2,768 86,210 SH   SOLE 84,138 0 2,072
HARLEY DAVIDSON INC COM 412822108 1,105 20,124 SH   SOLE 13,330 0 6,794
HAWAIIAN HOLDINGS INC COM 419879101 6,771 274,365 SH   SOLE 268,266 0 6,099
HEALTHCARE SVCS GRP INC COM 421906108 274 8,118 SH   SOLE 8,118 0 0
HELEN OF TROY CORP LTD COM G4388N106 3,720 41,657 SH   SOLE 40,607 0 1,050
HERITAGE FINL CORP WASH COM 42722X106 739 39,268 SH   SOLE 39,268 0 0
HESS CORP COM 42809H107 1,172 23,421 SH   SOLE 17,043 0 6,378
HOME BANCSHARES INC COM 436893200 5,562 137,324 SH   SOLE 134,077 0 3,247
INDEPENDENCE HLDG CO NEW COM NEW 453440307 225 17,331 SH   SOLE 17,331 0 0
INVENTURE FOODS INC COM 461212102 1,765 198,766 SH   SOLE 195,041 0 3,725
JARDEN CORP COM 471109108 4,961 101,493 SH   SOLE 98,256 0 3,237
JOHNSON & JOHNSON COM 478160104 1,337 14,320 SH   SOLE 10,803 0 3,517
JPMORGAN CHASE & CO COM 46625H100 2,819 46,236 SH   SOLE 34,408 0 11,828
KADANT INC COM 48282T104 1,093 28,017 SH   SOLE 28,017 0 0
KAPSTONE PAPER & PACKAGING C COM 48562P103 995 60,284 SH   SOLE 58,918 0 1,366
KILROY RLTY CORP COM 49427F108 4,345 66,676 SH   SOLE 65,127 0 1,549
LIBBEY INC COM 529898108 3,930 120,520 SH   SOLE 117,923 0 2,597
LIFEPOINT HEALTH INC COM 53219L109 4,085 57,612 SH   SOLE 56,227 0 1,385
LIVE NATION ENTERTAINMENT IN COM 538034109 2,588 107,644 SH   SOLE 105,091 0 2,553
MACYS INC COM 55616P104 1,016 19,799 SH   SOLE 14,321 0 5,478
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 483 8,038 SH   SOLE 6,163 0 1,875
MAINSOURCE FINANCIAL GP INC COM 56062Y102 327 16,075 SH   SOLE 16,075 0 0
MARKEL CORP COM 570535104 3,142 3,919 SH   SOLE 3,794 0 125
MASTEC INC COM 576323109 3,345 211,326 SH   SOLE 206,209 0 5,117
MATERION CORP COM 576690101 316 10,539 SH   SOLE 10,539 0 0
MEDNAX INC COM 58502B106 4,106 53,467 SH   SOLE 51,659 0 1,808
MENTOR GRAPHICS CORP COM 587200106 756 30,686 SH   SOLE 30,686 0 0
MERCK & CO INC NEW COM 58933Y105 962 19,477 SH   SOLE 13,830 0 5,647
METLIFE INC COM 59156R108 1,215 25,774 SH   SOLE 19,244 0 6,530
MICROSOFT CORP COM 594918104 2,064 46,630 SH   SOLE 34,090 0 12,540
MINERALS TECHNOLOGIES INC COM 603158106 3,201 66,458 SH   SOLE 64,931 0 1,527
MKS INSTRUMENT INC COM 55306N104 3,404 101,530 SH   SOLE 99,372 0 2,158
MONARCH FINANCIAL HOLDINGS I COM 60907Q100 776 62,654 SH   SOLE 61,427 0 1,227
MORGAN STANLEY COM NEW 617446448 1,062 33,711 SH   SOLE 23,919 0 9,792
MULTI COLOR CORP COM 625383104 2,742 35,851 SH   SOLE 35,851 0 0
NATIONAL BK HLDGS CORP CL A 633707104 4,238 206,439 SH   SOLE 202,894 0 3,545
NATIONAL RETAIL PPTYS INC COM 637417106 3,281 90,451 SH   SOLE 88,094 0 2,357
NAUTILUS INC COM 63910B102 4,160 277,304 SH   SOLE 271,366 0 5,938
NEENAH PAPER INC COM 640079109 280 4,804 SH   SOLE 4,804 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 1,254 25,336 SH   SOLE 18,740 0 6,596
OASIS PETE INC NEW COM 674215108 180 20,684 SH   SOLE 20,684 0 0
ONE LIBERTY PPTYS INC COM 682406103 404 18,956 SH   SOLE 18,956 0 0
ORACLE CORP COM 68389X105 1,266 35,037 SH   SOLE 26,082 0 8,955
PARK STERLING CORP COM 70086Y105 288 42,333 SH   SOLE 42,333 0 0
PATRICK INDS INC COM 703343103 3,230 81,784 SH   SOLE 80,872 0 912
PEPSICO INC COM 713448108 1,989 21,096 SH   SOLE 14,660 0 6,436
PERFORMANCE SPORTS GROUP LTD COM 71377G100 2,490 185,546 SH   SOLE 181,655 0 3,891
PFIZER INC COM 717081103 1,995 63,529 SH   SOLE 49,550 0 13,979
PHILLIPS 66 COM 718546104 1,339 17,420 SH   SOLE 12,489 0 4,931
PINNACLE FINL PARTNERS INC COM 72346Q104 3,966 80,258 SH   SOLE 78,423 0 1,835
PIONEER NAT RES CO COM 723787107 682 5,607 SH   SOLE 4,657 0 950
PLATFORM SPECIALTY PRODS COR COM 72766Q105 3,835 303,182 SH   SOLE 295,953 0 7,229
PNC FINL SVCS GROUP INC COM 693475105 1,334 14,950 SH   SOLE 10,942 0 4,008
PNM RES INC COM 69349H107 1,509 53,783 SH   SOLE 52,643 0 1,140
PRIMERICA INC COM 74164M108 4,725 104,835 SH   SOLE 102,397 0 2,438
PRUDENTIAL FINL INC COM 744320102 1,078 14,151 SH   SOLE 10,064 0 4,087
QUANTA SVCS INC COM 74762E102 2,620 108,228 SH   SOLE 105,749 0 2,479
RAYMOND JAMES FINANCIAL INC COM 754730109 2,770 55,810 SH   SOLE 54,026 0 1,784
RENASANT CORP COM 75970E107 1,808 55,050 SH   SOLE 55,050 0 0
RLJ LODGING TR COM 74965L101 2,664 105,436 SH   SOLE 102,934 0 2,502
SCHLUMBERGER LTD COM 806857108 1,164 16,879 SH   SOLE 12,328 0 4,551
SCHULMAN A INC COM 808194104 262 8,062 SH   SOLE 8,062 0 0
SENSIENT TECHNOLOGIES CORP COM 81725T100 4,509 73,559 SH   SOLE 71,800 0 1,759
SERVISFIRST BANCSHARES INC COM 81768T108 373 8,988 SH   SOLE 8,988 0 0
SHUTTERFLY INC COM 82568P304 3,566 99,758 SH   SOLE 97,356 0 2,402
SILGAN HOLDINGS INC COM 827048109 722 13,868 SH   SOLE 13,868 0 0
SIMON PPTY GROUP INC NEW COM 828806109 1,276 6,947 SH   SOLE 5,621 0 1,326
SKYWORKS SOLUTIONS INC COM 83088M102 3,828 45,457 SH   SOLE 44,011 0 1,446
SONIC CORP COM 835451105 3,590 156,448 SH   SOLE 152,673 0 3,775
SOUTH ST CORP COM 840441109 6,438 83,754 SH   SOLE 81,814 0 1,940
SPARTON CORP COM 847235108 307 14,333 SH   SOLE 14,333 0 0
STAG INDL INC COM 85254J102 4,323 237,394 SH   SOLE 231,913 0 5,481
STANDEX INTL CORP COM 854231107 3,086 40,949 SH   SOLE 40,257 0 692
STATE BK FINL CORP COM 856190103 402 19,451 SH   SOLE 19,451 0 0
STONEGATE BK FT LAUDERDALE F COM 861811107 326 10,251 SH   SOLE 10,251 0 0
SYNERGY RES CORP COM 87164P103 3,181 324,598 SH   SOLE 317,260 0 7,338
TELEFLEX INC COM 879369106 6,121 49,279 SH   SOLE 48,094 0 1,185
TIME WARNER INC COM NEW 887317303 840 12,216 SH   SOLE 8,245 0 3,971
TWENTY FIRST CENTY FOX INC CL A 90130A101 1,082 40,118 SH   SOLE 29,895 0 10,223
UNION PAC CORP COM 907818108 1,102 12,465 SH   SOLE 9,968 0 2,497
UNITEDHEALTH GROUP INC COM 91324P102 2,013 17,350 SH   SOLE 12,943 0 4,407
UNIVERSAL HEALTH RLTY INCM T SH BEN INT 91359E105 405 8,628 SH   SOLE 8,628 0 0
VASCULAR SOLUTIONS INC COM 92231M109 384 11,846 SH   SOLE 11,846 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,509 34,685 SH   SOLE 24,337 0 10,348
WABTEC CORP COM 929740108 8,551 97,119 SH   SOLE 94,904 0 2,215
WELLS FARGO & CO NEW COM 949746101 2,200 42,850 SH   SOLE 31,630 0 11,220
WESTAR ENERGY INC COM 95709T100 2,271 59,082 SH   SOLE 57,192 0 1,890
WESTERN ALLIANCE BANCORP COM 957638109 5,548 180,654 SH   SOLE 176,301 0 4,353
WHITING PETE CORP NEW COM 966387102 478 31,275 SH   SOLE 30,279 0 996
WINTRUST FINL CORP COM 97650W108 2,071 38,764 SH   SOLE 38,033 0 731
WOODWARD INC COM 980745103 3,606 88,602 SH   SOLE 86,504 0 2,098
XERIUM TECHNOLOGIES INC COM NEW 98416J118 346 26,640 SH   SOLE 26,640 0 0