-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J137OXai5OVULGuHOwvzmA7vQRDO5H6iDnjtQi6VQKTP08OOP3KfoYCkBoAwWSaI yxmIyfHmHNsMGZh95y2yGQ== 0001142941-11-000001.txt : 20110113 0001142941-11-000001.hdr.sgml : 20110113 20110113165114 ACCESSION NUMBER: 0001142941-11-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110113 DATE AS OF CHANGE: 20110113 EFFECTIVENESS DATE: 20110113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DENALI ADVISORS LLC CENTRAL INDEX KEY: 0001142941 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10130 FILM NUMBER: 11527986 BUSINESS ADDRESS: STREET 1: 9191 TOWNE CENTRE DR STREET 2: SUITE 365 CITY: SAN DIEGO STATE: CA ZIP: 92122 BUSINESS PHONE: 8585583600 MAIL ADDRESS: STREET 1: 9191 TOWNE CENTRE DR STREET 2: SUITE 365 CITY: SAN DIEGO STATE: CA ZIP: 92122 13F-HR 1 report20101231.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13 (F) COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2010 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Denali Advisors, LLC Address: 4275 Executive Square, Suite 650 La Jolla, CA 92037 Form 13F File Number: The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Anne Erickson Title: Compliance Manager Phone: 858-558-3600 Signature, Place, and Date of Signing: /s/ Anne Erickson La Jolla, CA January 13,2011 - ------------------- ------------------ -------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [ x ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 403 Form 13F Information Table Value Total: $1326162 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- A. Schulman, Inc. COM 808194104 78 3400 SH SOLE 3400 0 0 AFLAC Inc. COM 001055102 4734 83900 SH SOLE 37800 0 46100 AGL Resources Inc. COM 001204106 3284 91600 SH SOLE 47600 0 44000 AMAG Pharmaceuticals COM 00163U106 159 8800 SH SOLE 8800 0 0 AT&T Inc. COM 00206R102 25700 874758 SH SOLE 598400 0 276358 Aaron's Inc. COM 002535201 125 6150 SH SOLE 6150 0 0 Acacia Res - Acacia Tech COM 003881307 2148 82800 SH SOLE 45300 0 37500 Acme Packet, Inc. COM 004764106 4800 90300 SH SOLE 63100 0 27200 Acorda Therapeutics Inc. COM 00484M106 2936 107700 SH SOLE 56800 0 50900 Advance Auto Parts Inc COM 00751Y106 622 9400 SH SOLE 9400 0 0 Aecom Technology Corp. COM 00766T100 464 16600 SH SOLE 16600 0 0 Aeropostale Inc COM 007865108 155 6300 SH SOLE 6300 0 0 Aetna Inc. COM 00817Y108 360 11800 SH SOLE 11800 0 0 Affiliated Managers Group COM 008252108 308 3100 SH SOLE 3100 0 0 Alcoa, Inc. COM 013817101 534 34700 SH SOLE 7200 0 27500 Alere Inc. COM 01449J105 414 11300 SH SOLE 11300 0 0 Alexion Pharmaceuticals COM 015351109 362 4500 SH SOLE 4500 0 0 Alkermes Inc. COM 01642T108 247 20100 SH SOLE 20100 0 0 Allied Nevada Gold Corp. COM 019344100 4239 161100 SH SOLE 86000 0 75100 Allstate Corporation COM 020002101 3997 125390 SH SOLE 73200 0 52190 Altera Corp. COM 021441100 1060 29800 SH SOLE 25800 0 4000 Altria Group Inc COM 02209S103 28429 1154700 SH SOLE 675000 0 479700 Ameren Corp COM 023608102 8009 284100 SH SOLE 132300 0 151800 American Axle & Manufacturing COM 024061103 249 19400 SH SOLE 19400 0 0 American Capital Agency COM 02503X105 402 14000 SH SOLE 7200 0 6800 American Capital, Ltd. COM 02503Y103 3172 419600 SH SOLE 271200 0 148400 American Electric Power COM 025537101 1234 34300 SH SOLE 31800 0 2500 American Equity Investment COM 025676206 51 4100 SH SOLE 4100 0 0 American Financial Group COM 025932104 384 11900 SH SOLE 11900 0 0 American Greetings cl A COM 026375105 343 15500 SH SOLE 15500 0 0 American Water Works COM 030420103 3108 122900 SH SOLE 99800 0 23100 Ameriprise Financial, Inc. COM 03076C106 98 1700 SH SOLE 1700 0 0 AmerisourceBergen Corp COM 03073E105 19199 562700 SH SOLE 272000 0 290700 Andersons Inc. COM 034164103 545 15000 SH SOLE 3400 0 11600 Annaly Capital Mgmt. COM 035710409 5492 306500 SH SOLE 147600 0 158900 Apache Corporation COM 037411105 48 400 SH SOLE 400 0 0 Apartment Invest&Mang A COM 03748R101 67 2600 SH SOLE 2600 0 0 Apollo Investment Corp COM 03761U106 126 11400 SH SOLE 11400 0 0 Apple Inc. COM 037833100 6387 19800 SH SOLE 8800 0 11000 Aqua America Inc COM 03836W103 4040 179700 SH SOLE 93500 0 86200 Arbitron, Inc. COM 03875Q108 3438 82800 SH SOLE 30100 0 52700 Archer Daniels Midland COM 039483102 13518 449400 SH SOLE 226100 0 223300 Ares Capital Corp COM 04010L103 15300 928400 SH SOLE 438300 0 490100 Aruba Networks Inc. COM 043176106 18928 906500 SH SOLE 386400 0 520100 Assurant Inc. COM 04621X108 8447 219300 SH SOLE 58500 0 160800 Assured Guaranty Ltd COM G0585R106 7448 420800 SH SOLE 188100 0 232700 Atlas Air Worldwide COM 049164205 564 10100 SH SOLE 4900 0 5200 AutoZone Inc. COM 053332102 1363 5000 SH SOLE 4100 0 900 Autoliv Inc. COM 052800109 95 1200 SH SOLE 1200 0 0 Avery Dennison Corp. COM 053611109 462 10900 SH SOLE 10900 0 0 Avis Budget Group, Inc. COM 053774105 907 58300 SH SOLE 58300 0 0 Axis Capital Holdings Ltd COM G0692U109 3581 99800 SH SOLE 40800 0 59000 BMC Software Inc. COM 055921100 783 16600 SH SOLE 4000 0 12600 BOK Financial Corp. COM 05561Q201 16 300 SH SOLE 300 0 0 Bank of America Corp COM 060505104 35778 2681994 SH SOLE 1341532 0 1340462 Bank of Hawaii Corp COM 062540109 637 13500 SH SOLE 12700 0 800 Bank of New York Mellon Corp. COM 064058100 8290 274496 SH SOLE 135796 0 138700 Berkshire Hathaway cl B COM 084670702 21982 274400 SH SOLE 147200 0 127200 Best Buy Co., Inc. COM 086516101 9948 290100 SH SOLE 190300 0 99800 Blackrock Inc. COM 09247X101 3716 19500 SH SOLE 12600 0 6900 Boeing Company COM 097023105 3687 56500 SH SOLE 17600 0 38900 Broadcom Corporation COM 111320107 588 13500 SH SOLE 13500 0 0 Brookline Bancorp, Inc. COM 11373M107 47 4300 SH SOLE 4300 0 0 Buckeye Technologies COM 118255108 2063 98200 SH SOLE 40300 0 57900 CBS Corp. Class B COM 124857202 50 2600 SH SOLE 2600 0 0 CEC Entertainment Inc COM 125137109 540 13900 SH SOLE 10700 0 3200 CIGNA Corporation COM 125509109 2933 80000 SH SOLE 36300 0 43700 CME Group Inc. COM 12572Q105 193 600 SH SOLE 600 0 0 CMS Energy Corp COM 125896100 8154 438400 SH SOLE 190300 0 248100 CNA Financial Corporation COM 126117100 1507 55700 SH SOLE 15400 0 40300 CSX Corporation COM 126408103 7049 109100 SH SOLE 57500 0 51600 CVB Financial Corp. COM 126600105 350 40400 SH SOLE 12300 0 28100 CVS Caremark Corp. COM 126650100 48 1373 SH SOLE 0 0 1373 Cabot Corporation COM 127055101 181 4800 SH SOLE 4800 0 0 California Water Srvc Grp COM 130788102 7 200 SH SOLE 200 0 0 Calpine Corp. COM 131347304 4670 350100 SH SOLE 190800 0 159300 Cameron International Corp. COM 13342B105 1294 25500 SH SOLE 25500 0 0 Campbell Soup Company COM 134429109 2836 81600 SH SOLE 59400 0 22200 Capital One Financial Corp. COM 14040H105 15330 360200 SH SOLE 188700 0 171500 Cardinal Health Inc. COM 14149Y108 11397 297500 SH SOLE 186800 0 110700 Carnival Corp COM 143658300 32 700 SH SOLE 700 0 0 Caterpillar Inc COM 149123101 2051 21900 SH SOLE 9200 0 12700 Celanese Corp. COM 150870103 288 7000 SH SOLE 7000 0 0 CenterPoint Energy Inc COM 15189T107 531 33800 SH SOLE 33800 0 0 Century Aluminum Co. COM 156431108 255 16400 SH SOLE 16400 0 0 CenturyLink, Inc. COM 156700106 1754 38000 SH SOLE 26000 0 12000 Chevron Corp COM 166764100 29793 326500 SH SOLE 149000 0 177500 Choice Hotels Intl COM 169905106 4650 121500 SH SOLE 54700 0 66800 Chubb Corp COM 171232101 3328 55800 SH SOLE 55200 0 600 Cimarex Energy Co COM 171798101 1585 17900 SH SOLE 12100 0 5800 Coca-Cola Enterprises Inc. (Ne COM 19122T109 4295 171600 SH SOLE 125700 0 45900 Comcast Cl A COM 20030N101 187 8500 SH SOLE 8500 0 0 Commerce Bancshares Inc COM 200525103 1753 44133 SH SOLE 13740 0 30393 Complete Production Services COM 20453E109 1492 50500 SH SOLE 40500 0 10000 Computer Sciences Corp COM 205363104 6136 123700 SH SOLE 62700 0 61000 Concho Resources Inc. COM 20605P101 614 7000 SH SOLE 3700 0 3300 ConocoPhillips COM 20825C104 7614 111800 SH SOLE 104200 0 7600 Consolidated Edison, Inc. COM 209115104 2940 59300 SH SOLE 29300 0 30000 Constellation Energy Group COM 210371100 12696 414500 SH SOLE 208900 0 205600 Contango Oil & Gas Co COM 21075N204 1130 19500 SH SOLE 7700 0 11800 Continental Resources, Inc. COM 212015101 353 6000 SH SOLE 6000 0 0 Convergys Corporation COM 212485106 565 42900 SH SOLE 42700 0 200 Cooper Companies, Inc. COM 216648402 3211 57000 SH SOLE 44700 0 12300 Corporate Executive Board Co. COM 21988R102 2024 53900 SH SOLE 31900 0 22000 Coventry Health Care COM 222862104 715 27100 SH SOLE 27100 0 0 Cracker Barrel Old Cntry Store COM 22410J106 3374 61600 SH SOLE 22100 0 39500 Crown Holdings, Inc. COM 228368106 2460 73700 SH SOLE 21700 0 52000 Cullen/Frost Bankers COM 229899109 746 12200 SH SOLE 4300 0 7900 DIRECTV Class A COM 25490A101 6325 158400 SH SOLE 91600 0 66800 DISH Network Corp Cl A COM 25470M109 5462 277800 SH SOLE 136700 0 141100 DPL Inc. COM 233293109 33 1300 SH SOLE 1300 0 0 DST Systems Inc. COM 233326107 195 4400 SH SOLE 4400 0 0 DSW Inc. COM 23334L102 872 22300 SH SOLE 16600 0 5700 Danaher Corporation COM 235851102 146 3100 SH SOLE 3100 0 0 Dean Foods Co COM 242370104 495 56000 SH SOLE 41200 0 14800 Deckers Outdoor Corp. COM 243537107 96 1200 SH SOLE 1200 0 0 Deere & Company COM 244199105 149 1800 SH SOLE 1800 0 0 Dell Inc. COM 24702R101 4966 366500 SH SOLE 185700 0 180800 Delphi Financial Group Inc. COM 247131105 337 11700 SH SOLE 3700 0 8000 Delta Air Lines, Inc. COM 247361702 3679 292000 SH SOLE 207600 0 84400 Deluxe Corporation COM 248019101 5097 221400 SH SOLE 122000 0 99400 Developers Diversified Realty COM 251591103 958 68000 SH SOLE 68000 0 0 Devon Energy Corp COM 25179M103 86 1100 SH SOLE 1100 0 0 Dice Holdings, Inc. COM 253017107 90 6300 SH SOLE 6300 0 0 Dillards Inc cl A COM 254067101 433 11400 SH SOLE 11400 0 0 DineEquity, Inc. COM 254423106 207 4200 SH SOLE 4200 0 0 Discovery Communications A COM 25470F104 3778 90600 SH SOLE 54400 0 36200 Dollar Tree, Inc. COM 256746108 143 2550 SH SOLE 0 0 2550 Dow Chemical Company COM 260543103 3598 105400 SH SOLE 71800 0 33600 DuPont de Nemours & Co. COM 263534109 10400 208500 SH SOLE 67300 0 141200 Duke Energy Corp COM 26441C105 374 21000 SH SOLE 21000 0 0 Dun & Bradstreet Corp COM 26483E100 3103 37800 SH SOLE 8900 0 28900 Dupont Fabros Technology, Inc. COM 26613Q106 806 37900 SH SOLE 17400 0 20500 Eaton Vance Corp. COM 278265103 224 7400 SH SOLE 7400 0 0 Edison International COM 281020107 2972 77000 SH SOLE 60700 0 16300 El Paso Corp COM 28336L109 984 71500 SH SOLE 39300 0 32200 Eli Lilly & Co. COM 532457108 4219 120400 SH SOLE 73300 0 47100 Energen Corporation COM 29265N108 685 14200 SH SOLE 4300 0 9900 Energizer Holdings Inc COM 29266R108 569 7800 SH SOLE 7800 0 0 Entergy Corp COM 29364G103 42 600 SH SOLE 600 0 0 Entropic Communications COM 29384R105 14 1200 SH SOLE 0 0 1200 Equity Lifestyle Properties COM 29472R108 291 5200 SH SOLE 5200 0 0 Exelon Corp COM 30161N101 3002 72100 SH SOLE 51500 0 20600 Expedia, Inc. COM 30212P105 1573 62700 SH SOLE 51300 0 11400 Exxon Mobil Corporation COM 30231G102 8270 113100 SH SOLE 113100 0 0 FMC Technologies Inc COM 30249U101 320 3600 SH SOLE 3600 0 0 FedEx Corp COM 31428X106 1088 11700 SH SOLE 9300 0 2400 Federal Realty Investment COM 313747206 444 5700 SH SOLE 5700 0 0 Fidelity National Info Srv COM 31620M106 712 26000 SH SOLE 8400 0 17600 Fifth Third Bancorp COM 316773100 672 45800 SH SOLE 27600 0 18200 First Niagara Financial Group COM 33582V108 1395 99800 SH SOLE 46400 0 53400 FirstEnergy Corporation COM 337932107 2021 54600 SH SOLE 54600 0 0 Flowers Foods Inc COM 343498101 126 4700 SH SOLE 4700 0 0 Forest City Enterprises A COM 345550107 290 17400 SH SOLE 17400 0 0 Forest Laboratories Inc. COM 345838106 67 2100 SH SOLE 2100 0 0 Gannett Co. Inc. COM 364730101 237 15700 SH SOLE 15700 0 0 Gartner Inc. COM 366651107 7988 240600 SH SOLE 131800 0 108800 General Dynamics Corp. COM 369550108 213 3000 SH SOLE 3000 0 0 General Electric Co COM 369604103 21330 1166200 SH SOLE 712200 0 454000 Genuine Parts Company COM 372460105 2834 55200 SH SOLE 30300 0 24900 Genworth Financial Inc COM 37247D106 11461 872200 SH SOLE 444000 0 428200 Global Payments Inc. COM 37940X102 1109 24000 SH SOLE 24000 0 0 Goldman Sachs Group Inc COM 38141G104 118 700 SH SOLE 700 0 0 Grand Canyon Education, Inc COM 38526M106 214 10900 SH SOLE 10900 0 0 Great Plains Energy Inc COM 391164100 8976 462900 SH SOLE 245000 0 217900 Greif Inc cl A COM 397624107 142 2300 SH SOLE 2300 0 0 Gulfport Energy Corp COM 402635304 399 18400 SH SOLE 12400 0 6000 H.J. Heinz Company COM 423074103 2419 48900 SH SOLE 16100 0 32800 HSN, Inc. COM 404303109 181 5900 SH SOLE 5900 0 0 Harris Corporation COM 413875105 824 18200 SH SOLE 8700 0 9500 Hartford Financial Services COM 416515104 10034 378800 SH SOLE 189300 0 189500 Hasbro Inc. COM 418056107 807 17100 SH SOLE 17100 0 0 Helix Energy Solutions COM 42330P107 798 65700 SH SOLE 64500 0 1200 Hershey Co. COM 427866108 490 10400 SH SOLE 10400 0 0 Hewlett-Packard Co COM 428236103 164 3900 SH SOLE 3900 0 0 Home Depot Inc. COM 437076102 3275 93400 SH SOLE 13200 0 80200 Hormel Foods Corp COM 440452100 743 14500 SH SOLE 5600 0 8900 Hospitality Properties Trust COM 44106M102 4368 189600 SH SOLE 84800 0 104800 Host Hotels & Resorts, Inc. COM 44107P104 52 2900 SH SOLE 2900 0 0 Hudson City Bancorp Inc COM 443683107 1375 107900 SH SOLE 71000 0 36900 Humana Inc. COM 444859102 8611 157300 SH SOLE 106800 0 50500 Hyatt Hotels Corporation COM 448579102 1849 40400 SH SOLE 23800 0 16600 IAC/InterActiveCorp COM 44919P508 1818 63350 SH SOLE 29950 0 33400 IBM Corp COM 459200101 176 1200 SH SOLE 1200 0 0 IDACORP Inc COM 451107106 451 12200 SH SOLE 5500 0 6700 IHS Inc. Class A COM 451734107 1680 20900 SH SOLE 7100 0 13800 ITC Holdings Corporation COM 465685105 1686 27200 SH SOLE 15000 0 12200 ITT Corporation COM 450911102 42 800 SH SOLE 800 0 0 ITT Educational Services Inc COM 45068B109 19 300 SH SOLE 300 0 0 Iconix Brand Group, Inc. COM 451055107 5751 297800 SH SOLE 146900 0 150900 Igate Corporation COM 45169U105 1392 70600 SH SOLE 42400 0 28200 Innophos Holdings, Inc. COM 45774N108 1245 34500 SH SOLE 15700 0 18800 Integrys Energy Group COM 45822P105 204 4200 SH SOLE 4200 0 0 InterDigital, Inc. COM 45867G101 1695 40700 SH SOLE 17000 0 23700 IntercontinentalExchange Inc. COM 45865V100 1334 11200 SH SOLE 3600 0 7600 International Bancshares COM 459044103 290 14500 SH SOLE 2500 0 12000 International Paper Co. COM 460146103 8188 300600 SH SOLE 155300 0 145300 J.B. Hunt Transport Services COM 445658107 49 1200 SH SOLE 1200 0 0 JPMorgan Chase & Co COM 46625H100 26882 633700 SH SOLE 313100 0 320600 Jabil Circuit Inc. 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Cl A COM 530555101 20032 566200 SH SOLE 286100 0 280100 Life Time Fitness Inc COM 53217R207 2877 70200 SH SOLE 36800 0 33400 Limited Brands Inc COM 532716107 498 16200 SH SOLE 5000 0 11200 Lincare Holdings Inc. COM 532791100 5846 217900 SH SOLE 97200 0 120700 Lincoln National Corp COM 534187109 6552 235600 SH SOLE 129900 0 105700 Littelfuse Inc. COM 537008104 19 400 SH SOLE 0 0 400 Lockheed Martin Corp. COM 539830109 1042 14900 SH SOLE 13200 0 1700 M&T Bank Corp. COM 55261F104 670 7700 SH SOLE 7700 0 0 MDU Resources Group COM 552690109 172 8500 SH SOLE 8500 0 0 MFA Financial, Inc. COM 55272X102 472 57900 SH SOLE 57900 0 0 MKS Instruments Inc. COM 55306N104 208 8500 SH SOLE 0 0 8500 Macy's Inc. COM 55616P104 3418 135100 SH SOLE 50400 0 84700 Marathon Oil Corp COM 565849106 2270 61300 SH SOLE 44100 0 17200 Maxim Integrated Products COM 57772K101 2319 98200 SH SOLE 55700 0 42500 McCormick & Co, Inc. COM 579780206 28 600 SH SOLE 600 0 0 McGraw-Hill Companies COM 580645109 546 15000 SH SOLE 15000 0 0 McKesson Corp COM 58155Q103 12858 182700 SH SOLE 68500 0 114200 McMoran Exploration Co COM 582411104 5606 327100 SH SOLE 150500 0 176600 MedAssets, Inc. COM 584045108 2076 102800 SH SOLE 53100 0 49700 Medco Health Solutions Inc COM 58405U102 190 3100 SH SOLE 3100 0 0 Merck & Co. Inc. COM 58933Y105 68 1900 SH SOLE 1900 0 0 MetLife, Inc. COM 59156R108 8916 200625 SH SOLE 102459 0 98166 Microsoft Corporation COM 594918104 1563 56000 SH SOLE 54400 0 1600 Murphy Oil Corp. COM 626717102 2207 29600 SH SOLE 18100 0 11500 NCR Corporation COM 62886E108 277 18000 SH SOLE 18000 0 0 NRG Energy Inc COM 629377508 7433 380400 SH SOLE 158900 0 221500 NSTAR COM 67019E107 2072 49100 SH SOLE 12700 0 36400 NV Energy, Inc. COM 67073Y106 2632 187300 SH SOLE 103900 0 83400 Nalco Holding Co. COM 62985Q101 275 8600 SH SOLE 8600 0 0 National CineMedia, Inc. COM 635309107 649 32600 SH SOLE 21600 0 11000 National Oilwell Varco Inc COM 637071101 27082 402700 SH SOLE 204900 0 197800 National Semiconductor COM 637640103 996 72400 SH SOLE 72400 0 0 Netflix Inc COM 64110L106 3690 21000 SH SOLE 11700 0 9300 New York Cmnty Bancorp COM 649445103 958 50800 SH SOLE 38700 0 12100 Newell Rubbermaid Inc COM 651229106 878 48300 SH SOLE 23000 0 25300 Newfield Exploration Co. COM 651290108 1925 26700 SH SOLE 12000 0 14700 News Corp Cl A COM 65248E104 41 2800 SH SOLE 0 0 2800 NextEra Energy, Inc. COM 65339F101 8157 156900 SH SOLE 76600 0 80300 NiSource Inc COM 65473P105 2380 135100 SH SOLE 29100 0 106000 Northern Oil & Gas Inc. COM 665531109 8060 296200 SH SOLE 136600 0 159600 Northern Trust Corp. COM 665859104 1208 21800 SH SOLE 9400 0 12400 Northrop Grumman Corp COM 666807102 4139 63900 SH SOLE 63900 0 0 Northwest Bancshares, Inc. COM 667340103 527 44800 SH SOLE 17500 0 27300 Northwest Natural Gas Co. COM 667655104 9 200 SH SOLE 200 0 0 OGE Energy Corp. COM 670837103 36 800 SH SOLE 800 0 0 Oil States International COM 678026105 211 3300 SH SOLE 3300 0 0 Old Dominion Freight COM 679580100 384 12000 SH SOLE 3900 0 8100 Omnicare Inc COM 681904108 607 23900 SH SOLE 7700 0 16200 Oritani Financial Corp COM 68633D103 343 28000 SH SOLE 13600 0 14400 Oshkosh Corporation COM 688239201 2703 76700 SH SOLE 42900 0 33800 P.F. Changs China Bistro COM 69333Y108 359 7400 SH SOLE 7400 0 0 PG&E Corporation COM 69331C108 105 2200 SH SOLE 2200 0 0 PHH Corp. COM 693320202 2794 120700 SH SOLE 71500 0 49200 PNC Financial Services COM 693475105 14178 233500 SH SOLE 134400 0 99100 PNM Resources, Inc. COM 69349H107 488 37500 SH SOLE 12100 0 25400 PPG Industries Inc. COM 693506107 1438 17100 SH SOLE 8700 0 8400 PartnerRe Ltd. COM G6852T105 1390 17300 SH SOLE 5600 0 11700 Patterson Companies Inc COM 703395103 288 9400 SH SOLE 9400 0 0 Penn National Gaming Inc. 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COM 743674103 1612 60500 SH SOLE 31100 0 29400 Prudential Financial Inc COM 744320102 7961 135600 SH SOLE 78100 0 57500 Public Service Enterprise Grp COM 744573106 1247 39200 SH SOLE 600 0 38600 Public Storage, Inc. COM 74460D109 132 1300 SH SOLE 1300 0 0 Quanex Building Products COM 747619104 148 7800 SH SOLE 7800 0 0 Quest Software Inc. COM 74834T103 1628 58700 SH SOLE 32300 0 26400 Questcor Pharmaceutical COM 74835Y101 2651 180000 SH SOLE 70200 0 109800 RPC Inc. COM 749660106 769 42450 SH SOLE 41100 0 1350 RPM International, Inc. COM 749685103 232 10500 SH SOLE 10500 0 0 Realty Income Corp COM 756109104 236 6900 SH SOLE 6900 0 0 Reinsurance Group of America COM 759351604 1251 23300 SH SOLE 8700 0 14600 Reliance Steel & Aluminum COM 759509102 802 15700 SH SOLE 9500 0 6200 Renaissance Re Hldgs COM G7496G103 76 1200 SH SOLE 1200 0 0 Rent-A-Center Inc COM 76009N100 3121 96700 SH SOLE 51900 0 44800 Rex Energy Corporation COM 761565100 89 6500 SH SOLE 6500 0 0 Riverbed Technology, Inc. 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