0001193125-11-137251.txt : 20110512 0001193125-11-137251.hdr.sgml : 20110512 20110512125233 ACCESSION NUMBER: 0001193125-11-137251 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110512 DATE AS OF CHANGE: 20110512 EFFECTIVENESS DATE: 20110512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MENTA CAPITAL LLC CENTRAL INDEX KEY: 0001374701 IRS NUMBER: 205164169 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12773 FILM NUMBER: 11834839 BUSINESS ADDRESS: STREET 1: ONE MARKET STREET STREET 2: SPEAR STREET TOWER, SUITE 3730 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-490-2610 MAIL ADDRESS: STREET 1: ONE MARKET STREET STREET 2: SPEAR STREET TOWER, SUITE 3730 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 13F-HR 1 d13fhr.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 03/31/2011 Check here if Amendment [_]; Amendment Number: This Amendment (Check only one): [_] is a restatement [_] adds new holdings entries. Institutional Investment Manager Filing this Report: Menta Capital, LLC One Market, Spear Tower, Suite 3730 San Francisco, CA 94105 Form 13F File Number: 028-12773 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: Laurent Dubois Managing Member 415.490.2610 Signature, Place and Date of Signing: /s/ Laurent Dubois San Francisco, CA 05/11/2011 ------------------------ ----------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report) [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 292 Form 13F Information Table Value Total (x$1000): 118,112 (thousands) List of Other Included Managers: None (See attachment) 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 DISCRETN MANAGERS SOLE SHARED NONE ---------------------------------------- -------------- --------- -------- ------- --- ---- -------- -------- ------ ------ ---- 1ST SOURCE CORP COM STK COMMON STOCK 336901103 762 38048 SH SOLE 38048 0 0 8X8 INC.-NEW COMMON STOCK 282914100 140 49850 SH SOLE 49850 0 0 ABIOMED INC COM STK COMMON STOCK 003654100 216 14900 SH SOLE 14900 0 0 ACCURAY INC COMMON STOCK 004397105 128 14200 SH SOLE 14200 0 0 ACE LIMITED COM STK COMMON STOCK H0023R105 629 9716 SH SOLE 9716 0 0 ACI WORLDWIDE INC COM STK COMMON STOCK 004498101 471 14373 SH SOLE 14373 0 0 ACTUATE CORP COM STK COMMON STOCK 00508B102 101 19514 SH SOLE 19514 0 0 AEROVIRONMENT INC COM STK COMMON STOCK 008073108 416 11899 SH SOLE 11899 0 0 AETNA INC NEW COM STK COMMON STOCK 00817Y108 543 14500 SH SOLE 14500 0 0 AGREE REALTY CORP COM REIT REITS/RICS 008492100 658 29318 SH SOLE 29318 0 0 ALEXANDER'S INC. COM REIT REITS/RICS 014752109 407 1000 SH SOLE 1000 0 0 ALLIED WORLD ASSURANCE COMPANY COMMON STOCK H01531104 401 6400 SH SOLE 6400 0 0 ALLSTATE CORP COM STK COMMON STOCK 020002101 256 8056 SH SOLE 8056 0 0 ALMADEN MINERALS LTD Com COMMON STOCK 020283107 257 63840 SH SOLE 63840 0 0 AMER CMPS COMM REITS/RICS 024835100 1079 32700 SH SOLE 32700 0 0 AMERICAN MEDICAL SYS TEMS HOLD COMMON STOCK 02744M108 556 25695 SH SOLE 25695 0 0 AMERICAN SCIENCE & E NGR INC C COMMON STOCK 029429107 328 3555 SH SOLE 3555 0 0 AMERICAN STS WTR CO COM STK COMMON STOCK 029899101 594 16568 SH SOLE 16568 0 0 AMTRUST FINL SVCS IN C COM STK COMMON STOCK 032359309 488 25586 SH SOLE 25586 0 0 ANADIGICS INC COM STK COMMON STOCK 032515108 161 36018 SH SOLE 36018 0 0 APPLIED MICRO CIRCUI TS CORP C COMMON STOCK 03822W406 198 19100 SH SOLE 19100 0 0 ASHFORD HOSPITALITY TRUST INC REITS/RICS 044103109 195 17668 SH SOLE 17668 0 0 ASPEN INS HLDGS LTD COM STK COMMON STOCK G05384105 627 22746 SH SOLE 22746 0 0 ASSURANT INC COM STK COMMON STOCK 04621X108 597 15500 SH SOLE 15500 0 0 AVIAT NETWORKS INC INC COM ST COMMON STOCK 05366Y102 78 15100 SH SOLE 15100 0 0

VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ---------------------------------------- -------------- --------- -------- ------- --- ---- -------- -------- ------ ------ ---- AXCELIS TECHNOLOGIES INC COM COMMON STOCK 054540109 76 28747 SH SOLE 28747 0 0 AXIS CAPITAL HLDGS COMMON STOCK G0692U109 638 18280 SH SOLE 18280 0 0 BANCFIRST CORP COM STK COMMON STOCK 05945F103 205 4800 SH SOLE 4800 0 0 BANK HAWAII CORP COM STK COMMON STOCK 062540109 777 16251 SH SOLE 16251 0 0 BANKFINANCIAL CORP COM STK COMMON STOCK 06643P104 205 22300 SH SOLE 22300 0 0 BANRO CORP COMMON STOCK 066800103 65 25400 SH SOLE 25400 0 0 BAYTEX ENERGY TR COM COMMON STOCK 07317Q105 503 8600 SH SOLE 8600 0 0 BERKSHIRE HILLS BANC ORP INC C COMMON STOCK 084680107 704 33800 SH SOLE 33800 0 0 BGC PARTNERS INC COMMON STOCK 05541T101 120 12900 SH SOLE 12900 0 0 BRANDYWINE REALTY TR UST COM R REITS/RICS 105368203 421 34707 SH SOLE 34707 0 0 BRIGHTPOINT INC COM COMMON STOCK 109473405 313 28900 SH SOLE 28900 0 0 BRINKS CO COM COMMON STOCK 109696104 656 19799 SH SOLE 19799 0 0 BROADSOFT INC COM STK COMMON STOCK 11133B409 218 4569 SH SOLE 4569 0 0 BROOKLINE BANCORP IN C DE COM COMMON STOCK 11373M107 930 88346 SH SOLE 88346 0 0 BUILD-A-BEAR WORKSHO P INC COM COMMON STOCK 120076104 110 18200 SH SOLE 18200 0 0 CAL DIVE INTERNATION AL INC COMMON STOCK 12802T101 71 10200 SH SOLE 10200 0 0 CALAMOS ASSET MANAGEMENT-A COM COMMON STOCK 12811R104 612 36890 SH SOLE 36890 0 0 CALLIDUS SOFTWRE COMMON STOCK 13123E500 485 70594 SH SOLE 70594 0 0 CAMDEN PROPERTY TRUS T COM REI REITS/RICS 133131102 248 4363 SH SOLE 4363 0 0 CAMECO CORP CAD COM COMMON STOCK 13321L108 235 7800 SH SOLE 7800 0 0 CAPLEASE INC REITS/RICS 140288101 301 54886 SH SOLE 54886 0 0 CB RICHARD ELLIS GRO UP INC CL COMMON STOCK 12497T101 852 31900 SH SOLE 31900 0 0 CBL & ASSOCIATES PRO PERTIES I REITS/RICS 124830100 1093 62737 SH SOLE 62737 0 0 CHATHAM LODGING TRUS T REITS/RICS 16208T102 297 18291 SH SOLE 18291 0 0 CHEMICAL FINL CORP COM STK COMMON STOCK 163731102 301 15088 SH SOLE 15088 0 0 CHESAPEAKE LODGING T RUST REITS/RICS 165240102 1040 59742 SH SOLE 59742 0 0 CHINA ELEC MTR INC COM STK COMMON STOCK 16890A205 148 50816 SH SOLE 50816 0 0 CITIGROUP INC COM STK COMMON STOCK 172967101 173 39100 SH SOLE 39100 0 0 CITY NATIONAL CORP CA COM STK COMMON STOCK 178566105 302 5300 SH SOLE 5300 0 0 CLAUDE RESOURCES INC CAD NPV COMMON STOCK 182873109 145 58400 SH SOLE 58400 0 0 CNO FINANCIAL GROUP INC COM ST COMMON STOCK 12621E103 185 24673 SH SOLE 24673 0 0 COCA COLA BOTTLING C O CONS CO COMMON STOCK 191098102 751 11229 SH SOLE 11229 0 0

VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ---------------------------------------- -------------- --------- -------- ------- --- ---- -------- -------- ------ ------ ---- COMMERCE BANCSHARES INC COM ST COMMON STOCK 200525103 924 22843 SH SOLE 22843 0 0 COMMONWEATH REIT REITS/RICS 203233101 681 26215 SH SOLE 26215 0 0 COMMUNITY TR BANCORP INC COM COMMON STOCK 204149108 478 17282 SH SOLE 17282 0 0 CONTANGO OIL & GAS C O COM STK COMMON STOCK 21075N204 747 11807 SH SOLE 11807 0 0 CONVIO INC COMMON STOCK 21257W105 140 12099 SH SOLE 12099 0 0 CORPORATE EXECUTIVE BRD CO COM COMMON STOCK 21988R102 327 8088 SH SOLE 8088 0 0 COTT CORPORATION CAD NPV COM COMMON STOCK 22163N106 321 38100 SH SOLE 38100 0 0 COVENTRY HLTH CARE INC COM COMMON STOCK 222862104 626 19637 SH SOLE 19637 0 0 COWEN GROUP INC COM STK COMMON STOCK 223622101 122 30300 SH SOLE 30300 0 0 CPI CORP COM STK COMMON STOCK 125902106 282 12519 SH SOLE 12519 0 0 CRAWFORD & CO CL B COM STK COMMON STOCK 224633107 248 52015 SH SOLE 52015 0 0 CRYOLIFE INC COM STK COMMON STOCK 228903100 210 34460 SH SOLE 34460 0 0 CULLEN FROST BANKER INC COMMON STOCK 229899109 220 3722 SH SOLE 3722 0 0 CVB FINL CORP COM STK COMMON STOCK 126600105 1019 109400 SH SOLE 109400 0 0 CVR ENERGY INC COM STK COMMON STOCK 12662P108 418 18062 SH SOLE 18062 0 0 DELPHI FINL GROUP IN C CL A CO COMMON STOCK 247131105 528 17190 SH SOLE 17190 0 0 DEMANDTEC INC COM STK COMMON STOCK 24802R506 198 15068 SH SOLE 15068 0 0 DENISON MINES CORP COMMON STOCK 248356107 87 36472 SH SOLE 36472 0 0 DIGITAL REALTY REITS/RICS 253868103 1041 17900 SH SOLE 17900 0 0 DONEGAL GROUP INC CL A COM STK COMMON STOCK 257701201 199 14855 SH SOLE 14855 0 0 DTS INC COM STK COMMON STOCK 23335C101 479 10264 SH SOLE 10264 0 0 DUPONT FABROS TECH REIT REITS/RICS 26613Q106 1014 41813 SH SOLE 41813 0 0 DYNEX CAPITAL INC COM REIT REITS/RICS 26817Q506 493 48996 SH SOLE 48996 0 0 EASTGROUP PROPERTIES INC COM REITS/RICS 277276101 1019 23171 SH SOLE 23171 0 0 ELECTRONICS FOR IMAG ING INC C COMMON STOCK 286082102 398 27079 SH SOLE 27079 0 0 ELIZABETH ARDEN INC COM STK COMMON STOCK 28660G106 291 9685 SH SOLE 9685 0 0 ENDURANCE SPLTY COMMON STOCK G30397106 400 8185 SH SOLE 8185 0 0 ENERGY PARTNERS COMMON STOCK 29270U303 193 10727 SH SOLE 10727 0 0 ENTEGRIS INC COM STK COMMON STOCK 29362U104 156 17800 SH SOLE 17800 0 0 ENTERPRISE FINL SVCS CORP COM COMMON STOCK 293712105 410 29110 SH SOLE 29110 0 0 ENTERTAINMENT PROPER TIES TRUS REITS/RICS 29380T105 684 14600 SH SOLE 14600 0 0

VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ---------------------------------------- -------------- --------- -------- ------- --- ---- -------- -------- ------ ------ ---- EQUITY LIFESTYLE PRO PERTIES I REITS/RICS 29472R108 1102 19108 SH SOLE 19108 0 0 EXIDE TECHNOLOGIES COMMON STOCK 302051206 141 12600 SH SOLE 12600 0 0 FBR CAPITAL MARKETS CORP COM S COMMON STOCK 30247C301 134 37300 SH SOLE 37300 0 0 FEDERAL AGRICULTURAL MORTGAGE COMMON STOCK 313148306 998 52232 SH SOLE 52232 0 0 FIFTH THIRD BANCORP COM STK COMMON STOCK 316773100 889 64025 SH SOLE 64025 0 0 FINANCIAL INSTNS INC COM STK COMMON STOCK 317585404 477 27247 SH SOLE 27247 0 0 FIRST BANCORP TROY NC COM ST COMMON STOCK 318910106 178 13418 SH SOLE 13418 0 0 FIRST CITIZENS BANCS HARES INC COMMON STOCK 31946M103 1007 5019 SH SOLE 5019 0 0 FIRST DEFIANCE FINAN CIAL CORP COMMON STOCK 32006W106 639 44538 SH SOLE 44538 0 0 FIRST FINANCIAL HOLD INGS INC COMMON STOCK 320239106 163 14400 SH SOLE 14400 0 0 FIRST FINL BANKSHARE S INC COM COMMON STOCK 32020R109 457 8900 SH SOLE 8900 0 0 FIRST FNL NW INC COMMON STOCK 32022K102 255 44888 SH SOLE 44888 0 0 FIRST INTERSTATE BAN CSYSTEM I COMMON STOCK 32055Y201 279 20481 SH SOLE 20481 0 0 FIRST MERCHANTS CORP COM STK COMMON STOCK 320817109 841 101832 SH SOLE 101832 0 0 FIRST NIAGARA FINL G ROUP INC COMMON STOCK 33582V108 754 55502 SH SOLE 55502 0 0 FIRST POTOMAC REALTY TRUST CO REITS/RICS 33610F109 804 51025 SH SOLE 51025 0 0 FIRSTMERIT CORP COM STK COMMON STOCK 337915102 910 53300 SH SOLE 53300 0 0 FIVE STAR QUALITY CA RE INC CO COMMON STOCK 33832D106 350 43031 SH SOLE 43031 0 0 FLAGSTONE REINSURANC E HOLDING COMMON STOCK L3466T104 307 34106 SH SOLE 34106 0 0 FLOW INTERNATIONAL C ORP (FORM COMMON STOCK 343468104 144 32872 SH SOLE 32872 0 0 FORCE PROTECTION COMMON STOCK 345203202 556 113445 SH SOLE 113445 0 0 FOREST CITY ENTERPRI SES INC C COMMON STOCK 345550107 242 12835 SH SOLE 12835 0 0 FULLER H B CO COM STK COMMON STOCK 359694106 531 24700 SH SOLE 24700 0 0 GENCORP INC COM STK COMMON STOCK 368682100 556 93020 SH SOLE 93020 0 0 GEORGIA GULF CORP COM STK COMMON STOCK 373200302 599 16200 SH SOLE 16200 0 0 GFI GROUP INC COM STK COMMON STOCK 361652209 163 32381 SH SOLE 32381 0 0 GLATFELTER COM STK COMMON STOCK 377316104 289 21715 SH SOLE 21715 0 0 GLOBAL GEOPHYSICAL S ERVICES COMMON STOCK 37946S107 212 14648 SH SOLE 14648 0 0 GRAMERCY CPTL REITS/RICS 384871109 73 17219 SH SOLE 17219 0 0 GREAT NORTHERN IRON ORE PROPER COMMON STOCK 391064102 400 3200 SH SOLE 3200 0 0 GT SOLAR INTERNATION AL COM ST COMMON STOCK 3623E0209 397 37200 SH SOLE 37200 0 0 GULF RES INC COM STK COMMON STOCK 40251W309 131 21100 SH SOLE 21100 0 0

VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ---------------------------------------- -------------- --------- -------- ------- --- ---- -------- -------- ------ ------ ---- HAEMONETICS CORP COM STK COMMON STOCK 405024100 394 6005 SH SOLE 6005 0 0 HALLMARK FINL SVCS I NC COM ST COMMON STOCK 40624Q203 112 13362 SH SOLE 13362 0 0 HATTERAS FINANCL REITS/RICS 41902R103 725 25800 SH SOLE 25800 0 0 HAWAIIAN HLDGS INC COM STK COMMON STOCK 419879101 491 81723 SH SOLE 81723 0 0 HCP INC REIT REITS/RICS 40414L109 1119 29489 SH SOLE 29489 0 0 HIGHER ONE HLDGS INC COM STK COMMON STOCK 42983D104 715 49478 SH SOLE 49478 0 0 HOME PROPERTIES INC COM STK REITS/RICS 437306103 1181 20032 SH SOLE 20032 0 0 HOT TOPIC INC COM STK COMMON STOCK 441339108 90 15800 SH SOLE 15800 0 0 HUNTINGTON BANCSHARE S INC COM COMMON STOCK 446150104 382 57479 SH SOLE 57479 0 0 ICF INTERNATIONAL IN C COMMON STOCK 44925C103 417 20317 SH SOLE 20317 0 0 IMMUCOR INC COM STK COMMON STOCK 452526106 493 24944 SH SOLE 24944 0 0 IMPERIAL OIL LTD CAD COM NPV COMMON STOCK 453038408 322 6300 SH SOLE 6300 0 0 INDEPENDENT BK CORP MASS COM S COMMON STOCK 453836108 219 8100 SH SOLE 8100 0 0 INFOSPACE INC COM STK COMMON STOCK 45678T300 171 19800 SH SOLE 19800 0 0 INSPERITY INC COM STK COMMON STOCK 45778Q107 308 10138 SH SOLE 10138 0 0 INTEGRATED DEVICE TE CHNOLOGY COMMON STOCK 458118106 261 35392 SH SOLE 35392 0 0 INTERMEC INC COM COMMON STOCK 458786100 397 36768 SH SOLE 36768 0 0 INTERNATIONAL BANCSH ARES CORP COMMON STOCK 459044103 441 24019 SH SOLE 24019 0 0 INTERNATIONAL SPEEDW AY CORP C COMMON STOCK 460335201 632 21212 SH SOLE 21212 0 0 INVESCO MORTGAGE CAP ITAL REITS/RICS 46131B100 1042 47686 SH SOLE 47686 0 0 ION GEOPHYSICAL CORP COM STK COMMON STOCK 462044108 160 12600 SH SOLE 12600 0 0 IROBOT CORP COM STK COMMON STOCK 462726100 439 13335 SH SOLE 13335 0 0 ISTA PHARMACEUTICALS INC COM COMMON STOCK 45031X204 507 50060 SH SOLE 50060 0 0 ISTAR FINANCIAL INC COM REIT REITS/RICS 45031U101 717 78100 SH SOLE 78100 0 0 JAZZ PHARMACEUTICALS INC COM COMMON STOCK 472147107 516 16209 SH SOLE 16209 0 0 KEYCORP NY COM STK COMMON STOCK 493267108 974 109645 SH SOLE 109645 0 0 KITE REALTY GROUP TR REITS/RICS 49803T102 176 33091 SH SOLE 33091 0 0 L B FOSTER CO CL A COM STK COMMON STOCK 350060109 553 12839 SH SOLE 12839 0 0 LATTICE SEMICONDUCTO R CORP CO COMMON STOCK 518415104 153 26000 SH SOLE 26000 0 0 LIBBEY INC COM STK COMMON STOCK 529898108 215 13010 SH SOLE 13010 0 0 LIFETIME BRANDS INC COM STK COMMON STOCK 53222Q103 163 10860 SH SOLE 10860 0 0

VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ---------------------------------------- -------------- --------- -------- ------- --- ---- -------- -------- ------ ------ ---- LIONBRIDGE TECHNOLOG IES INC C COMMON STOCK 536252109 182 53095 SH SOLE 53095 0 0 LSB INDS INC COM STK COMMON STOCK 502160104 575 14508 SH SOLE 14508 0 0 LTC PROPERTIES INC COM REIT REITS/RICS 502175102 932 32896 SH SOLE 32896 0 0 LTX-CREDENCE CORP COM STK COMMON STOCK 502403207 447 48931 SH SOLE 48931 0 0 MACK-CALI REALTY COR P COM REI REITS/RICS 554489104 532 15700 SH SOLE 15700 0 0 MAGELLAN HEALTH SERV ICES INC COMMON STOCK 559079207 422 8598 SH SOLE 8598 0 0 MAGMA DESIGN AUTOMAT ION INC C COMMON STOCK 559181102 783 114874 SH SOLE 114874 0 0 MAGNA INTL INC COMMON STOCK 559222401 279 5813 SH SOLE 5813 0 0 MAIDEN HLDGS LTD COMMON STOCK G5753U112 330 43995 SH SOLE 43995 0 0 MAINSOURCE FINL GROU P INC COM COMMON STOCK 56062Y102 776 77487 SH SOLE 77487 0 0 MATTSON TECHNOLOGY I NC COM ST COMMON STOCK 577223100 129 52800 SH SOLE 52800 0 0 MEADOWBROOK INSURANC E GROUP I COMMON STOCK 58319P108 428 41397 SH SOLE 41397 0 0 MEDASSETS INC COMMON STOCK 584045108 282 18500 SH SOLE 18500 0 0 MENTOR GRAPHICS CORP COM STK COMMON STOCK 587200106 732 50000 SH SOLE 50000 0 0 METRO BANCORP INC PA COM STK COMMON STOCK 59161R101 301 24370 SH SOLE 24370 0 0 MF GLOBAL HOLDINGS LTD COM STK COMMON STOCK 55277J108 328 39652 SH SOLE 39652 0 0 MFA FINANCIAL INC COM STK REITS/RICS 55272X102 389 47400 SH SOLE 47400 0 0 MICROSTRATEGY INC COM STK COMMON STOCK 594972408 428 3184 SH SOLE 3184 0 0 MILLER PETE INC COM STK COMMON STOCK 600577100 63 12600 SH SOLE 12600 0 0 MIPS TECHNOLOGIES IN C CL A CO COMMON STOCK 604567107 222 21171 SH SOLE 21171 0 0 MONEYGRAM INTL INC COM STK COMMON STOCK 60935Y109 36 10500 SH SOLE 10500 0 0 MONMOUTH REAL ESTATE INVESTME REITS/RICS 609720107 143 17404 SH SOLE 17404 0 0 MONTPELIER RE HOLD LTD COM COMMON STOCK G62185106 631 35700 SH SOLE 35700 0 0 MOVE INC COMMON STOCK 62458M108 389 163500 SH SOLE 163500 0 0 MULTIMEDIA GAMES HOLDING COMPA COMMON STOCK 625453105 611 106642 SH SOLE 106642 0 0 NACCO INDUSTRIES INC CL A COM COMMON STOCK 629579103 310 2800 SH SOLE 2800 0 0 NATIONAL BEVERAGE CO RP COM ST COMMON STOCK 635017106 295 21479 SH SOLE 21479 0 0 NATIONAL WESTN LIFE INS CO CL COMMON STOCK 638522102 360 2220 SH SOLE 2220 0 0 NAVISITE INC COM STK COMMON STOCK 63935M208 145 26406 SH SOLE 26406 0 0 NEWCASTLE INVT CORP NEW COM RE REITS/RICS 65105M108 320 52999 SH SOLE 52999 0 0 NEXEN INC COM COMMON STOCK 65334H102 304 12200 SH SOLE 12200 0 0 NORTH EUROPEAN OIL R TY TR COM COMMON STOCK 659310106 357 11771 SH SOLE 11771 0 0

VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ---------------------------------------- -------------- --------- -------- ------- --- ---- -------- -------- ------ ------ ---- NORTHERN DYNASTY MIN ERALS CAD COMMON STOCK 66510M204 241 16000 SH SOLE 16000 0 0 NORTHSTAR RLTY FIN CORP COM REITS/RICS 66704R100 574 107347 SH SOLE 107347 0 0 NORTHWEST BANCSHARES INC/MD COMMON STOCK 667340103 652 52000 SH SOLE 52000 0 0 OBAGI MEDICAL PRODUC T INC COM COMMON STOCK 67423R108 355 28104 SH SOLE 28104 0 0 OCEANFIRST FINL CORP COM STK COMMON STOCK 675234108 649 46550 SH SOLE 46550 0 0 OCWEN FINL CORP COM STK COMMON STOCK 675746309 374 33955 SH SOLE 33955 0 0 OMEGA PROTEIN CORP COM STK COMMON STOCK 68210P107 423 31366 SH SOLE 31366 0 0 OMNIAMERICAN BANCORP INC COMMON STOCK 68216R107 432 27268 SH SOLE 27268 0 0 OMNOVA SOLUTIONS INC COM STK COMMON STOCK 682129101 104 13208 SH SOLE 13208 0 0 ONE LIBERTY PROPERTI ES INC CO REITS/RICS 682406103 727 48216 SH SOLE 48216 0 0 ONEBEACON INSURANCE GROUP LTD COMMON STOCK G67742109 458 33851 SH SOLE 33851 0 0 ORRSTOWN FINANCIAL S ERVICES I COMMON STOCK 687380105 420 14991 SH SOLE 14991 0 0 ORTHOVITA INC MALVE RN PA COM COMMON STOCK 68750U102 57 26567 SH SOLE 26567 0 0 PAR PHARMACEUTICAL C OS INC CO COMMON STOCK 69888P106 775 24934 SH SOLE 24934 0 0 PARKWAY PROPERTIES I NC COM ST REITS/RICS 70159Q104 401 23583 SH SOLE 23583 0 0 PDF SOLUTIONS INC COM STK COMMON STOCK 693282105 172 25800 SH SOLE 25800 0 0 PENNSYLVANIA REAL ES TATE INVE REITS/RICS 709102107 708 49607 SH SOLE 49607 0 0 PEOPLES UNITED FINANCIAL INC C COMMON STOCK 712704105 903 71800 SH SOLE 71800 0 0 PETROQUEST ENERGY INC COMMON STOCK 716748108 149 15968 SH SOLE 15968 0 0 PHARMERICA CP COMMON STOCK 71714F104 152 13304 SH SOLE 13304 0 0 PHOENIX COMPANIES IN C COM STK COMMON STOCK 71902E109 154 56743 SH SOLE 56743 0 0 PHOTRONICS INC COM STK COMMON STOCK 719405102 317 35300 SH SOLE 35300 0 0 PNC FINANCIAL SERVIC ES GROUP COMMON STOCK 693475105 989 15696 SH SOLE 15696 0 0 POTLATCH HOLDINGS INC COM REITS/RICS 737630103 221 5500 SH SOLE 5500 0 0 PRESIDENTIAL LIFE CO RP COM ST COMMON STOCK 740884101 103 10767 SH SOLE 10767 0 0 PROVIDENT FINANCIAL SERVICES I COMMON STOCK 74386T105 306 20701 SH SOLE 20701 0 0 QUANTUM CORP COM STK COMMON STOCK 747906204 129 51050 SH SOLE 51050 0 0 RAIT FINANCIAL TRUST REITS/RICS 749227104 38 15300 SH SOLE 15300 0 0 RAYONIER INC COM STK REITS/RICS 754907103 1084 17400 SH SOLE 17400 0 0 RESOURCE CAPTIAL CORPORATION REITS/RICS 76120W302 193 29245 SH SOLE 29245 0 0 REVLON INC CL A COM STK COMMON STOCK 761525609 230 14512 SH SOLE 14512 0 0

VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ---------------------------------------- -------------- --------- -------- ------- --- ---- -------- -------- ------ ------ ---- RICHMONT MINES INC C AD NPV CO COMMON STOCK 76547T106 179 27130 SH SOLE 27130 0 0 ROCKVILLE FINL INC COM STK COMMON STOCK 774188106 110 10500 SH SOLE 10500 0 0 RTI BIOLOGICS INC COM STK COMMON STOCK 74975N105 242 84666 SH SOLE 84666 0 0 SAN JUAN BASIN RTY T R COM STK COMMON STOCK 798241105 282 10227 SH SOLE 10227 0 0 SAUER-DANFOSS INC COM STK COMMON STOCK 804137107 244 4800 SH SOLE 4800 0 0 SCIENTIFIC GAMES COR P CL A CO COMMON STOCK 80874P109 164 18800 SH SOLE 18800 0 0 SEABRIGHT HOLDINGS INC COMMON STOCK 811656107 402 39191 SH SOLE 39191 0 0 SENIOR HOUSING PROPE RTIES TRU REITS/RICS 81721M109 1055 45800 SH SOLE 45800 0 0 SHORETEL INC COMMON STOCK 825211105 103 12544 SH SOLE 12544 0 0 SILICON IMAGE INC COM STK COMMON STOCK 82705T102 190 21230 SH SOLE 21230 0 0 SILVERCORP METAL COMMON STOCK 82835P103 412 28300 SH SOLE 28300 0 0 SIMON PROPERTY GROUP INC COM REITS/RICS 828806109 334 3114 SH SOLE 3114 0 0 SONOSITE INC COM STK COMMON STOCK 83568G104 222 6671 SH SOLE 6671 0 0 SOUTHWEST BANCORP IN C OKLA CO COMMON STOCK 844767103 556 39180 SH SOLE 39180 0 0 SOVRAN SELF STORAGE INC COM RE REITS/RICS 84610H108 412 10411 SH SOLE 10411 0 0 SPARTECH CORP COM STK COMMON STOCK 847220209 149 20588 SH SOLE 20588 0 0 SPECTRANETICS CORP COM STK COMMON STOCK 84760C107 56 11921 SH SOLE 11921 0 0 SPRINT NEXTEL CORP COMMON STOCK 852061100 90 19500 SH SOLE 19500 0 0 SPS COMMERCE INC COMMON STOCK 78463M107 188 12107 SH SOLE 12107 0 0 SRA INTERNATIONAL IN C CL A CO COMMON STOCK 78464R105 210 7400 SH SOLE 7400 0 0 STAAR SURGICAL CO COM STK COMMON STOCK 852312305 99 17751 SH SOLE 17751 0 0 STAMPS.COM INC COM STK COMMON STOCK 852857200 255 19071 SH SOLE 19071 0 0 STANDARD REGISTER CO COM STK COMMON STOCK 853887107 239 71856 SH SOLE 71856 0 0 STATE AUTO FINL CORP COM STK COMMON STOCK 855707105 508 27860 SH SOLE 27860 0 0 STEREOTAXIS INC COM STK COMMON STOCK 85916J102 56 14370 SH SOLE 14370 0 0 SUFFOLK BANCORP COM STK COMMON STOCK 864739107 328 15648 SH SOLE 15648 0 0 SUNSTONE HOTEL INVESTORS INC REITS/RICS 867892101 352 34500 SH SOLE 34500 0 0 SVB FINANCIAL GROUP COM STK COMMON STOCK 78486Q101 370 6500 SH SOLE 6500 0 0 SWS GROUP INC COM STK COMMON STOCK 78503N107 149 24500 SH SOLE 24500 0 0 TEAM HEALTH HOLDINGS LLC COMMON STOCK 87817A107 699 39972 SH SOLE 39972 0 0 TECUMSEH PRODUCTS CO CL A COM COMMON STOCK 878895200 204 20349 SH SOLE 20349 0 0 TELETECH HLDGS INC COM STK COMMON STOCK 879939106 277 14300 SH SOLE 14300 0 0

VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ---------------------------------------- -------------- --------- -------- ------- --- ---- -------- -------- ------ ------ ---- TENNANT CO COM STK COMMON STOCK 880345103 229 5445 SH SOLE 5445 0 0 TERRITORIAL BANCORP INC COMMON STOCK 88145X108 518 26020 SH SOLE 26020 0 0 THE HANOVER INSURANC E GROUP I COMMON STOCK 410867105 610 13489 SH SOLE 13489 0 0 THQ INC COM STK COMMON STOCK 872443403 52 11400 SH SOLE 11400 0 0 TOMOTHERAPY INC COMMON STOCK 890088107 191 41800 SH SOLE 41800 0 0 TORCHMARK CORP COM STK COMMON STOCK 891027104 618 9300 SH SOLE 9300 0 0 TOWER BANCORP INC COM STK COMMON STOCK 891709107 212 9500 SH SOLE 9500 0 0 TOWER GROUP INC COM STK COMMON STOCK 891777104 620 25800 SH SOLE 25800 0 0 TOWERSTREAM CORP COM TK COMMON STOCK 892000100 97 24750 SH SOLE 24750 0 0 TPC GROUP INC COM STK COMMON STOCK 89236Y104 475 16443 SH SOLE 16443 0 0 TRANSATLANTIC HLDGS INC COM ST COMMON STOCK 893521104 628 12900 SH SOLE 12900 0 0 TRAVELERS COS INC COM STK COMMON STOCK 89417E109 613 10300 SH SOLE 10300 0 0 TRIANGLE PETE CORP COM STK COMMON STOCK 89600B201 121 14564 SH SOLE 14564 0 0 TRUSTMARK CORP COM STK COMMON STOCK 898402102 499 21300 SH SOLE 21300 0 0 UMB FINANCIAL CORP COM STK COMMON STOCK 902788108 905 24228 SH SOLE 24228 0 0 UMPQUA HOLDINGS CORP COM STK COMMON STOCK 904214103 334 29200 SH SOLE 29200 0 0 UNION BANKSHARES COR P COM STK COMMON STOCK 90662P104 405 35996 SH SOLE 35996 0 0 UNITED FINANCIAL BANCORPINC CO COMMON STOCK 91030T109 655 39652 SH SOLE 39652 0 0 UNITED ONLINE INC COM STK COMMON STOCK 911268100 92 14620 SH SOLE 14620 0 0 UNIVERSAL ELECTRONIC S INC COM COMMON STOCK 913483103 259 8752 SH SOLE 8752 0 0 UNIVERSAL INS HLDGS INC COM ST COMMON STOCK 91359V107 287 52902 SH SOLE 52902 0 0 USA MOBILITY INC COM COMMON STOCK 90341G103 306 21151 SH SOLE 21151 0 0 USANA HEALTH SCIENCE S INC COM COMMON STOCK 90328M107 360 10433 SH SOLE 10433 0 0 VAALCO ENERGY INC COM STK COMMON STOCK 91851C201 391 50400 SH SOLE 50400 0 0 VALIDUS HOLDINGS LTD COMMON STOCK G9319H102 597 17917 SH SOLE 17917 0 0 VASCO DATA SEC INTL INC COM ST COMMON STOCK 92230Y104 248 18032 SH SOLE 18032 0 0 VENOCO INC COMMON STOCK 92275P307 311 18200 SH SOLE 18200 0 0 VIRTUS INV PR COMMON STOCK 92828Q109 343 5823 SH SOLE 5823 0 0 VITAL IMAGES INC COM STK COMMON STOCK 92846N104 408 30212 SH SOLE 30212 0 0 VOCUS INC COM STK COMMON STOCK 92858J108 227 8761 SH SOLE 8761 0 0 VONAGE HOLDINGS CORP HOLMDEL COMMON STOCK 92886T201 260 57018 SH SOLE 57018 0 0

VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ---------------------------------------- -------------- --------- -------- ------- --- ---- -------- -------- ------ ------ ---- VOYAGER OIL AND GAS INC COM ST COMMON STOCK 92911K100 125 28510 SH SOLE 28510 0 0 WAUSAU-MOSINEE PAPER CORP COM COMMON STOCK 943315101 265 34705 SH SOLE 34705 0 0 WEBSENSE INC COM STK COMMON STOCK 947684106 491 21378 SH SOLE 21378 0 0 WELLPOINT INC COMMON STOCK 94973V107 662 9492 SH SOLE 9492 0 0 WEST COAST BANCORP O RE NEW CO COMMON STOCK 952145100 36 10500 SH SOLE 10500 0 0 WESTELL TECHNOLOGIES INC CL A COMMON STOCK 957541105 179 51209 SH SOLE 51209 0 0 WESTERN COPPER CORP COMMON STOCK 95805Y102 45 13500 SH SOLE 13500 0 0 WEYERHAEUSER CO COM STK REITS/RICS 962166104 788 32036 SH SOLE 32036 0 0 WILSHIRE BANCORP INC COM COMMON STOCK 97186T108 348 71064 SH SOLE 71064 0 0 WINN-DIXIE STORES COMMON STOCK 974280307 76 10600 SH SOLE 10600 0 0 WINTHROP RLTY TR COM REIT REITS/RICS 976391300 966 78842 SH SOLE 78842 0 0 WRIGHT MEDICAL GROUP INC COM COMMON STOCK 98235T107 223 13100 SH SOLE 13100 0 0 XERIUM TECHNOLOGIES INC COM ST COMMON STOCK 98416J118 264 10989 SH SOLE 10989 0 0 YAMANA GOLD INC COMMON STOCK 98462Y100 205 16600 SH SOLE 16600 0 0 YUHE INTERNATIONAL COM STK COMMON STOCK 988432100 199 29899 SH SOLE 29899 0 0