0001356783-12-000003.txt : 20120808 0001356783-12-000003.hdr.sgml : 20120808 20120808164222 ACCESSION NUMBER: 0001356783-12-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120630 FILED AS OF DATE: 20120808 DATE AS OF CHANGE: 20120808 EFFECTIVENESS DATE: 20120808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Phocas Financial CORP CENTRAL INDEX KEY: 0001356783 IRS NUMBER: 202647024 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12179 FILM NUMBER: 121017342 BUSINESS ADDRESS: STREET 1: 2433 MARINER SQUARE LOOP STREET 2: SUITE 202 CITY: ALAMEDA STATE: CA ZIP: 94501 BUSINESS PHONE: (510) 523-5800 MAIL ADDRESS: STREET 1: 2433 MARINER SQUARE LOOP STREET 2: SUITE 202 CITY: ALAMEDA STATE: CA ZIP: 94501 13F-HR 1 2012Q2Form13F.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 06/30/2012 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: Phocas Financial Corporation Address: 980 Atlantic Avenue Suite 106 Alameda, CA 94501 Form 13F File Number: 28- 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, Iists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Frances Chiu Title: Chief Compliance Officer Phone: (510) 523 - 5800 Signature, Place, and Date of Signing: Frances Chiu Alameda, CA 08/08/2012 [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: 1 Form 13F Information Table Entry Total: 231 Form 13F Information Table Value Total: 1060 (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. 1 - Wells Fargo Fund Management, LLC FORM 13F INFORMATION TABLE 3M CO COM 88579Y101 329.3696 3676 SH SOLE 3676 0 0 ABBOTT LABS COM 002824100 8981.9604 139320 SH SOLE 139320 0 0 ACADIA REALTY TRUST COM SH BEN 004239109 5006.7641 215995 PRN SOLE 215995 0 0 ACCENTURE PLC SHS CLASS AG1151C1016557.98224 109136 PRN SOLE 109136 0 0 ACE LTD ORD SHS H0023R10512327.3742 166294 PRN SOLE 166294 0 0 ACETO CORP COM 0044461005446.68831 603177 SH SOLE 603177 0 0 AETNA INC NEW COM 00817Y108 273.13465 7045 SH SOLE 7045 0 0 ALCOA INC COM 0138171013196.99625 365371 SH SOLE 365371 0 0 ALEXANDRIA REAL ESTATE COM 01527110915649.4894 215202 SH SOLE 215202 0 0 AMERICAN CAMPUS CMNTYS COM 0248351002476.19398 55051 SH SOLE 55051 0 0 AMERICAN EQTY INVT LFE COM 0256762062111.55285 191785 SH SOLE 191785 0 0 AMERICAN WATER WORKS CO COM 03042010313225.5325 385809 SH SOLE 385809 0 0 AMGEN INC COM 031162100 294.84804 4044 SH SOLE 4044 0 0 ANN INC. COM 0356231071856.46219 72831 SH SOLE 72831 0 0 APACHE CORP COM 0374111057348.57079 83611 SH SOLE 83611 0 0 APPLE COMPUTER INC COM 037833100 7551.12 12930 SH SOLE 12930 0 0 ARES CAPITAL CORPORATION COM 04010L1033893.85696 243976 SH SOLE 243976 0 0 ARRIS GROUP INC COM 04269Q1003878.44184 278824 SH SOLE 278824 0 0 ASHLAND INC COM 04420910411784.1555 170021 SH SOLE 170021 0 0 AT&T CORP COM NEW COM 00206R10216326.8953 457849 SH SOLE 457849 0 0 ATMOS ENERGY CORP COM 0495601053674.10855 104765 SH SOLE 104765 0 0 AVALONBAY COMMUNITIES COM 0534841011411.40448 9976 SH SOLE 9976 0 0 BANK OF AMERICA CORP COM 0605051049465.356121157134 SH SOLE 115713 0 0 BANNER CORP COM 06652V2085195.23347 237117 SH SOLE 237117 0 0 BAXTER INTL INC COM 071813109 327.404 6160 SH SOLE 6160 0 0 BEACON ROOFING SUPPLY COM 0736851093065.03704 121532 SH SOLE 121532 0 0 BELO CORP COM SER A COM SER A 0805551053131.45644 486251 PRN SOLE 486251 0 0 BERKSHIRE HATHAWAY CLASS B CL B NEW 0846707027534.03196 90412 PRN SOLE 90412 0 0 BIG LOTS INC. COM 0893021032427.20895 59505 SH SOLE 59505 0 0 BLACK HILLS CORP COM 0921131093738.99042 116226 SH SOLE 116226 0 0 BOB EVANS FARMS INC COM 096761101 2149.1322 53461 SH SOLE 53461 0 0 BOSTON PRIVT FINL HLDG COM 1011191052964.62605 331985 SH SOLE 331985 0 0 BOSTON PROPERTIES INC COM 1011211011735.22044 16012 SH SOLE 16012 0 0 CALGON CARBON CORP COM 1296031064150.76112 291896 SH SOLE 291896 0 0 CAPITAL ONE FINL CORP COM 14040H1059471.59412 173282 SH SOLE 173282 0 0 CARRIZIO OIL & GAS COM 144577103 330.62113 14063 SH SOLE 14063 0 0 CHEVRON CORP NEW COM 16676410014743.7305 139751 SH SOLE 139751 0 0 CIGNA CORP COM 125509109 12135.288 275802 SH SOLE 275802 0 0 CISCO SYS INC COM 17275R1026244.96938 363714 SH SOLE 363714 0 0 CITIGROUP INC COM 1729674248804.38255 321211 SH SOLE 321211 0 0 CNO FINANCIAL INC COM 12621E103 5808.8004 744718 SH SOLE 744718 0 0 COLGATE PALMOLIVE CO COM 194162103 362.268 3480 SH SOLE 3480 0 0 COLONIAL PROPERTIES TRUST COM SH BEN 1958721064016.48382 181413 PRN SOLE 181413 0 0 COLUMBIA BKG SYS INC COM 1972361023641.06776 193468 SH SOLE 193468 0 0 COMERICA INC COM 20034010710224.9252 332951 SH SOLE 332951 0 0 COMPUWARE CORP COM 2056381094114.40165 442885 SH SOLE 442885 0 0 CONOCOPHILLIPS COM 20825C1049481.77428 169681 SH SOLE 169681 0 0 CORESITE REALTY CORP COM 21870Q1054036.00166 156313 SH SOLE 156313 0 0 CRACKER BARREL OLD COUNTRY SCOM 22410J106 2328.4984 37078 SH SOLE 37078 0 0 CUBESMART COM 2296631094179.89058 358174 SH SOLE 358174 0 0 CVS CORP COM 12665010011449.5509 245015 SH SOLE 245015 0 0 DANA HOLDING CORP COM 235825205 1932.2604 150840 SH SOLE 150840 0 0 DARLING INTL INC COM 2372661013000.65232 181968 SH SOLE 181968 0 0 DEVON ENERGY CORP NEW COM 25179M1038139.01248 140352 SH SOLE 140352 0 0 DIGITAL REALTY TRUST COM 253868103 954.59012 12716 SH SOLE 12716 0 0 DIRECTV COM CL A COM CL A 25490A1017362.39774 150807 PRN SOLE 150807 0 0 DOMINION RES VA NEW COM 25746U109 9497.358 175877 SH SOLE 175877 0 0 DOVER CORP COM 2600031084394.67975 81975 SH SOLE 81975 0 0 DUKE ENERGY CORP COM 26441C20412586.8398 545830 SH SOLE 545830 0 0 E M C CORP MASS COM 26864810210320.0476 402655 SH SOLE 402655 0 0 EASTGROUP PPTY INC COM 277276101 4207.6619 78943 SH SOLE 78943 0 0 EATON CORP COM 2780581025865.39852 148004 SH SOLE 148004 0 0 EBIX INC COM 278715206 1785.924 89520 SH SOLE 89520 0 0 EL PASO PIPELINE PARTNERS LPCOM UNIT LP283702108 211.25 6250 PRN SOLE 6250 0 0 EMERGENT BIOSOLUTIONS COM 29089Q105 1355.9553 89502 SH SOLE 89502 0 0 EMPIRE DIST ELEC CO COM 291641108 2310.5133 109503 SH SOLE 109503 0 0 EMULEX CORP COM NEW COM 292475209 2095.6608 291064 SH SOLE 291064 0 0 ENERGY XXI LTD COM G100821404469.71392 142848 SH SOLE 142848 0 0 ENTERGY CORP NEW COM 29364G1039395.36499 138391 SH SOLE 138391 0 0 ENTERPRISE PRODUCTS PARTNERSCOM 293792107 274.9026 5365 SH SOLE 5365 0 0 EQUITY LIFESTYLE PPTYS COM 29472R108 529.6896 7680 SH SOLE 7680 0 0 EQUITY RESIDENTIAL COM 29476L107 560.42932 8987 SH SOLE 8987 0 0 ESSEX PROPERTY TRUST COM 297178105 291.98624 1897 SH SOLE 1897 0 0 ESTERLINE TECHNOLOGIES COM 297425100 3942.1411 63226 SH SOLE 63226 0 0 EURONET WORLDWIDE INC COM 2987361091712.41088 100024 SH SOLE 100024 0 0 EXTRA SPACE STORAGE COM 30225T102 578.8602 18917 SH SOLE 18917 0 0 EXXON MOBIL CORP COM 30231G10240519.8765 473529 SH SOLE 473529 0 0 FAIRCHILD SEMICND INTL COM 303726103 6782.2833 481013 SH SOLE 481013 0 0 FEDERAL REALTY INVT TR SH BEN INT 313747206 824.60098 7922 PRN SOLE 7922 0 0 FINISH LINE INC CL A CL A 3179231002016.45585 96435 PRN SOLE 96435 0 0 FIRST FINL BANCORP COM 3202091091785.57324 111738 SH SOLE 111738 0 0 FIRST PACTRUST BANCORP INC COM 33589V101 4808.9928 405480 SH SOLE 405480 0 0 FIRST POTOMAC RLTY TR COM 33610F1092670.42468 226884 SH SOLE 226884 0 0 FIRST REP BK SAN COM 33616C100 15189.048 452055 SH SOLE 452055 0 0 FOSSIL INC COM 3498821003903.23384 50996 SH SOLE 50996 0 0 GENERAL ELEC CO COM 36960410325406.33571219114 SH SOLE 121911 0 0 GLIMCHER REALTY TRUST SH BEN INT 379302102 213.8535 20925 PRN SOLE 20925 0 0 GOLDMAN SACHS GROUP COM 38141G1045587.01603 58283 SH SOLE 58283 0 0 GOODRICH PETROLEUM CORP COM 3824104054763.64042 343697 SH SOLE 343697 0 0 GOOGLE INC CL A CL A 38259P5086781.59837 11691 PRN SOLE 11691 0 0 GREAT BASIN GOLD COM 390124105 11.968 18700 SH SOLE 18700 0 0 GREAT PLAINS ENERGY COM 3911641002561.47099 119639 SH SOLE 119639 0 0 GROUP 1 AUTOMOTIVE INC COM 3989051091645.28953 36073 SH SOLE 36073 0 0 HARMAN INTL INDS INC COM 413086109 3949.0308 99723 SH SOLE 99723 0 0 HARTFORD FINL SVCS COM 4165151045317.41956 301612 SH SOLE 301612 0 0 HCP INC. COM 40414L109 586.2237 13278 SH SOLE 13278 0 0 HEALTH NET INC COM 42222G1082546.23851 104913 SH SOLE 104913 0 0 HELEN OF TROY COM G4388N1062135.17167 63003 SH SOLE 63003 0 0 HERITAGE COMMERCE CORP COM 426927109 3223.4345 495913 SH SOLE 495913 0 0 HILLSHIRE BRANDS CO COM COM 4325891092048.40441 70659 SH SOLE 70659 0 0 HOME DEPOT INC COM 43707610211168.8612 210773 SH SOLE 210773 0 0 HORNBECK OFFSHORE SVCS COM 4405431064621.52894 119173 SH SOLE 119173 0 0 HOSPIRA INC COM 44106010010180.1594 291028 SH SOLE 291028 0 0 HUNTSMAN CORP COM 4470111073132.72224 242096 SH SOLE 242096 0 0 HURON CONSULTING COM 447462102 3253.9998 102812 SH SOLE 102812 0 0 IBERIABANK CORP COM 450828108 4660.9746 92388 SH SOLE 92388 0 0 ICG GROUP, INC COM 44928D1085484.61175 592931 SH SOLE 592931 0 0 ICONIX BRAND GROUP INC COM 4510551072525.95236 144588 SH SOLE 144588 0 0 INFINITY PPTY & CAS CP COM 45665Q1032118.73813 36739 SH SOLE 36739 0 0 INTEL CORP COM 4581401001670.87505 62697 SH SOLE 62697 0 0 ISHARES S&P U.S. PREFERRED SUS PFD STK 4642886873195.04576 81861 PRN SOLE 81861 0 0 ISHARES TR DJ US REAL EST DJ US REAL 464287739 916.8279 14340 PRN SOLE 14340 0 0 ITRON INC COM 4657411061899.43192 46058 SH SOLE 46058 0 0 JANUS CAP GROUP INC COM 47102X1052014.42418 257599 SH SOLE 257599 0 0 JDA SOFTWARE GROUP INC COM 46612K1085491.78899 184971 SH SOLE 184971 0 0 JOHNSON & JOHNSON COM 47816010412800.0527 189462 SH SOLE 189462 0 0 JPMORGAN CHASE & CO COM 46625H10016280.9104 455665 SH SOLE 455665 0 0 KAISER ALUMINUM CORP COM 483007704 201.19104 3881 SH SOLE 3881 0 0 KANSAS CITY SOUTHERN COM COM 485170302 5348.8162 76895 SH SOLE 76895 0 0 KEYCORP COM 4932671089654.202621247313 SH SOLE 124731 0 0 KILROY REALTY CORP COM 49427F1084212.97707 87027 SH SOLE 87027 0 0 KIMCO REALTY CORP COM 49446R109 413.95959 21753 SH SOLE 21753 0 0 KRAFT FOODS INC CL A CL A 50075N104 241.91568 6264 PRN SOLE 6264 0 0 LABORATORY AMER HLDGS COM NECOM NEW 50540R409 371.3661 4010 PRN SOLE 4010 0 0 LACLEDE GROUP INC COM 5055971042546.60589 63969 SH SOLE 63969 0 0 LASALLE HOTEL PROPERTIES COM 517942108 2584.8637 88705 SH SOLE 88705 0 0 MACERICH CO COM 554382101 319.16525 5405 SH SOLE 5405 0 0 MAGELLAN MIDSTREAM COM 559080106 268.7852 3805 SH SOLE 3805 0 0 MASTERCARD INC COM 57636Q104 876.56418 2038 SH SOLE 2038 0 0 MATERION CORP COM 5766901013519.99732 152844 SH SOLE 152844 0 0 MAXIM INTEGRATED PRODS COM 57772K1017545.64688 294292 SH SOLE 294292 0 0 MEASUREMENT SPECIALTIES COM 5834211021819.64972 55972 SH SOLE 55972 0 0 MEDICAL PROPERTIES TRUST COM 58463J304 214.69916 22318 SH SOLE 22318 0 0 MERCK & CO INC COM 58933Y105 8231.8475 197170 SH SOLE 197170 0 0 MEREDITH CORP COM 5894331012283.45448 71492 SH SOLE 71492 0 0 MERITAGE HOMES CORP COM 59001A102 295.00648 8692 SH SOLE 8692 0 0 METLIFE INC COM 59156R1089972.84865 323269 SH SOLE 323269 0 0 MICROSEMI CORP COM 5951371005754.73515 311235 SH SOLE 311235 0 0 MICROSOFT CORP COM 594918104 647.25381 21159 SH SOLE 21159 0 0 MYR GROUP INC COM 55405W104 192.14678 11263 SH SOLE 11263 0 0 NABORS INDUSTRIES SHS G6359F103 5288.9472 367288 PRN SOLE 367288 0 0 NATIONAL FINL PTNRS CP COM 63607P208 3192.6572 238258 SH SOLE 238258 0 0 NATIONAL OILWELL VARCO COM 637071101 245.38752 3808 SH SOLE 3808 0 0 NEWELL RUBBERMAID INC COM 6512291068828.84684 486706 SH SOLE 486706 0 0 NISOURCE INC COM 65473P10510147.7722 410011 SH SOLE 410011 0 0 NOBLE CORPORATION SHS NAMEN - AKTH5833N1037813.15299 240183 PRN SOLE 240183 0 0 NORDSTROM INC COM 655664100 259.3818 5220 SH SOLE 5220 0 0 NORFOLK SOUTHERN CORP COM 6558441086182.05249 86137 SH SOLE 86137 0 0 NORTHWESTERN CORP COM 668074305 3918.4223 106769 SH SOLE 106769 0 0 OMNICOM GROUP INC COM 681919106 6274.4544 129104 SH SOLE 129104 0 0 ORACLE CORP COM 68389X105 585.981 19730 SH SOLE 19730 0 0 ORTHOFIX INTERNATIONAL NV COM N6748L1025308.75125 128697 SH SOLE 128697 0 0 PAR PHARMACEUTICAL COS COM 69888P1064428.81244 122546 SH SOLE 122546 0 0 PDC ENERGY COM 69327R1014207.90172 171611 SH SOLE 171611 0 0 PEPSICO INC COM 7134481087516.95212 106382 SH SOLE 106382 0 0 PERRY ELLIS INTL INC. COM 2888531042319.53875 111785 SH SOLE 111785 0 0 PFIZER INC COM 717081103 16411.719 713553 SH SOLE 713553 0 0 PHILIP MORRIS INTERNATIONAL COM 718172109 552.61758 6333 SH SOLE 6333 0 0 PIER 1 IMPORTS INC COM 7202791083939.81542 239794 SH SOLE 239794 0 0 PLEXUS CORP COM 729132100 3689.3778 130829 SH SOLE 130829 0 0 PORTLAND GENERAL COM 7365088472487.00476 93286 SH SOLE 93286 0 0 POWERSHARES COMMODITY INDEX UNIT BEN IN73935S105 430.849 16732 PRN SOLE 16732 0 0 PRIMERICA COM 74164M1082407.25034 90058 SH SOLE 90058 0 0 PROCTER & GAMBLE CO COM 742718109 12698.84 207328 SH SOLE 207328 0 0 PROGRESS SOFTWARE CORP COM 7433121002853.09596 136708 SH SOLE 136708 0 0 PROLOGIS COM 74340W103 652.70366 19642 SH SOLE 19642 0 0 PROSPECT CAPITAL CORP COM 74348T1022207.79204 193836 SH SOLE 193836 0 0 PROTECTIVE LIFE CORP COM 743674103 4504.4356 153160 SH SOLE 153160 0 0 PUBLIC STORAGE INC COM 74460D109 644.79065 4465 SH SOLE 4465 0 0 QUALITY SYS INC COM 7475821041966.19472 71472 SH SOLE 71472 0 0 RENT A CTR INC NEW COM 76009N1002037.08624 60376 SH SOLE 60376 0 0 REX ENERGY COM 7615651002252.79523 200963 SH SOLE 200963 0 0 RF MICRODEVICES INC COM 749941100 1851.708 435696 SH SOLE 435696 0 0 ROYAL DUTCH SHELL COM 780259206 269.72 4000 SH SOLE 4000 0 0 SAFEGUARD SCIENTIFICS COM 7864492072091.64212 135119 SH SOLE 135119 0 0 SCHLUMBERGER LTD COM 806857108 248.08602 3822 SH SOLE 3822 0 0 SCHWAB LARGE CAP ETF COM 808524201 1336.7552 41360 SH SOLE 41360 0 0 SCIENTIFIC GAMES CORP CL A CL A 80874P109 1691.8398 197876 PRN SOLE 197876 0 0 SENSIENT TECH CORP COM 81725T1005440.74144 148128 SH SOLE 148128 0 0 SILICON VY BANCSHARES COM 78486Q1015043.34336 85888 SH SOLE 85888 0 0 SIMON PROPERTY GROUP COM 82880610917235.2978 110724 SH SOLE 110724 0 0 SL GREEN REALTY COM 78440X101 573.3148 7145 SH SOLE 7145 0 0 SLM CORP COM 78442P1066429.05043 409233 SH SOLE 409233 0 0 SNYDER'S LANCE INC COM 8335511042031.82236 80532 SH SOLE 80532 0 0 SOUTHERN CO COM 842587107 216.2673 4671 SH SOLE 4671 0 0 SOUTHWEST AIRLS CO COM 8447411086355.63182 689331 SH SOLE 689331 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 338.3142 2180 PRN SOLE 2180 0 0 SPDR S&P DEPOSITORY RECEIPTSTR UNIT 78462F103 850.65625 6250 PRN SOLE 6250 0 0 SPIRIT AIRLINES COM 8485771021886.80268 96958 SH SOLE 96958 0 0 STATE BANK & TRUST COM 856190103 4479.401 295475 SH SOLE 295475 0 0 STATE STREET CORP COM 8574771037455.63888 167017 SH SOLE 167017 0 0 STEINER LEISURE LTD COM P8744Y1023928.97778 84658 SH SOLE 84658 0 0 STRATEGIC HOTELS & RESORTS COM 86272T106 4702.5893 727955 SH SOLE 727955 0 0 STRYKER CORP COM 863667101 6700.8763 121613 SH SOLE 121613 0 0 SUN COMMUNITIES INC COM 8666741045067.78048 114552 SH SOLE 114552 0 0 SWIFT ENERGY CO COM 8707381014114.39185 221085 SH SOLE 221085 0 0 SYNNEX CORP COM 87162W1005271.31364 152836 SH SOLE 152836 0 0 TARGET CORP COM 87612E1067052.68619 121201 SH SOLE 121201 0 0 TETRA TECH INC NEW COM 88162G1034303.66944 165018 SH SOLE 165018 0 0 TEVA PHARMACEUTCL INDS ADR ADR 8816242095645.55992 143143 PRN SOLE 143143 0 0 TIMKEN CO COM 8873891044039.18169 88211 SH SOLE 88211 0 0 TITAN MACHINERY INC COM 88830R1013973.18562 130826 SH SOLE 130826 0 0 TOLL BROTHERS INC COM 8894781038624.49462 290094 SH SOLE 290094 0 0 TRAVELERS INC COM 89417E10913629.6484 213497 SH SOLE 213497 0 0 TREEHOUSE FOODS INC COM 89469A1045475.54016 87904 SH SOLE 87904 0 0 TRINITY INDS INC COM 8965221093077.11134 123183 SH SOLE 123183 0 0 TRIUMPH GROUP INC NEW COM 8968181014043.33712 71856 SH SOLE 71856 0 0 UNIFIRST CORP MASS COM 9047081044450.19625 69807 SH SOLE 69807 0 0 UNILEVER NV COM 904784709 731.2321 21926 SH SOLE 21926 0 0 UNITED STATIONERS INC COM 913004107 1939.1603 71954 SH SOLE 71954 0 0 UNITED TECHNOLOGIES CP COM 913017109 308.1624 4080 SH SOLE 4080 0 0 UNITEDHEALTH GROUP INC COM 91324P102 233.4735 3991 SH SOLE 3991 0 0 URS CORP NEW COM 903236107 7077.3264 202905 SH SOLE 202905 0 0 VENTAS INC COM 92276F1001292.82384 20482 SH SOLE 20482 0 0 VERIZON COMMUNICATIONS COM 92343V1045222.98876 117529 SH SOLE 117529 0 0 VIROPHARMA INC. COM 928241108 2143.5939 90447 SH SOLE 90447 0 0 VISA INC COM 92826C839 572.4069 4630 SH SOLE 4630 0 0 VORNADO REALTY TRUST COM 929042109 795.79448 9476 SH SOLE 9476 0 0 WAL MART STORES INC COM 931142103 485.66952 6966 SH SOLE 6966 0 0 WALGREEN CO COM 931422109 424.94628 14366 SH SOLE 14366 0 0 WALT DISNEY CO COM 254687106 8232.39 169740 SH SOLE 169740 0 0 WARNACO GROUP INC COM NEW COM 9343904021871.13552 43944 SH SOLE 43944 0 0 WASHINGTON BANKING CORP COM 937303105 4736.7308 340772 SH SOLE 340772 0 0 WASTE MGMT INC DEL COM 94106L109 6747.802 202030 SH SOLE 202030 0 0 WELLCARE HEALTH PLANS INC COM 94946T106 3907.425 73725 SH SOLE 73725 0 0 WELLS FARGO & CO COM 9497461014055.30224 121271 SH SOLE 121271 0 0 WERNER ENTERPRISES INC COM 9507551082231.39767 93403 SH SOLE 93403 0 0 WHITING PETE CORP NEW COM 9663871026100.19312 148351 SH SOLE 148351 0 0 WILSHIRE BANCORP INC COM 97186T1083925.80076 716387 SH SOLE 716387 0 0 WINTRUST FINL CORP COM 97650W108 5379.1375 151525 SH SOLE 151525 0 0 WOLVERINE WORLD WIDE COM 978097103 2504.2185 64575 SH SOLE 64575 0 0

NAME OF ISSUER TITLE OF CUSIP VALUE SHARES SH/ PUT/INVESTMEOTHERVOTING AUTHORITY CLASS (1000) PRN AMTPRN CALLDISCRETIMGRS SOLE SHAREDNONE