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
ABBOTT LABS COM 002824100 454 11,537 SH   SOLE 0 11,537 0 0
ABBVIE INC COM 00287Y109 5,986 96,692 SH   SOLE 0 96,692 0 0
ABM INDS INC COM 000957100 5,192 142,338 SH   SOLE 0 142,338 0 0
ACADIA REALTY TRUST COM 004239109 12,627 355,495 SH   SOLE 0 355,495 0 0
ACETO CORP COM 004446100 11,060 505,259 SH   SOLE 0 505,259 0 0
AFFILIATED MNGRS GRP COM 008252108 4,027 28,608 SH   SOLE 0 28,608 0 0
ALERE, INC COM 01449J105 8,561 205,395 SH   SOLE 0 205,395 0 0
ALEXANDRIA REAL ESTATE COM 015271109 11,308 109,232 SH   SOLE 0 109,232 0 0
ALLEGIANT TRAVEL CO. COM 01748X102 5,629 37,157 SH   SOLE 0 37,157 0 0
ALLERGAN INC SHS G0177J108 5,198 22,495 PRN   SOLE 0 22,495 0 0
ALLIANCE DATA SYS CORP COM 018581108 3,990 20,368 SH   SOLE 0 20,368 0 0
ALPHABET INC CL A COM 02079K305 1,368 1,944 SH   SOLE 0 1,944 0 0
ALPHABET INC CL C COM 02079K107 6,628 9,577 SH   SOLE 0 9,577 0 0
AMERICAN INTL GROUP COM 026874784 8,005 151,416 SH   SOLE 0 151,416 0 0
AMERIPRISE FINL INC COM 03076C106 7,908 88,017 SH   SOLE 0 88,017 0 0
AMGEN INC COM 031162100 685 4,503 SH   SOLE 0 4,503 0 0
APPLE COMPUTER INC COM 037833100 6,141 64,235 SH   SOLE 0 64,235 0 0
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 3,086 111,476 SH   SOLE 0 111,476 0 0
ASHLAND INC COM 044209104 4,857 42,322 SH   SOLE 0 42,322 0 0
ASTEC INDS INC COM 046224101 8,115 144,519 SH   SOLE 0 144,519 0 0
AT&T INC COM 00206R102 6,832 158,105 SH   SOLE 0 158,105 0 0
ATLANTIC CAP BANCSHARES INC COM 48269203 171 11,829 SH   SOLE 0 11,829 0 0
ATMOS ENERGY CORP COM 049560105 4,827 59,356 SH   SOLE 0 59,356 0 0
AVALONBAY COMMUNITIES COM 053484101 2,074 11,496 SH   SOLE 0 11,496 0 0
BAKER HUGHES INC COM 057224107 3,318 73,525 SH   SOLE 0 73,525 0 0
BANK OF AMERICA CORP COM 060505104 6,991 526,826 SH   SOLE 0 526,826 0 0
BANK OF MARIN BANCORP COM 063425102 610 12,601 SH   SOLE 0 12,601 0 0
BANKFINANCIAL CORP COM 06643P104 4,396 366,603 SH   SOLE 0 366,603 0 0
BANNER CORP COM 06652V208 11,229 263,958 SH   SOLE 0 263,958 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 84670702 230 1,590 SH   SOLE 0 1,590 0 0
BLACK HILLS CORP COM 092113109 11,974 189,947 SH   SOLE 0 189,947 0 0
BNC BANCORP COM 05566T101 8,918 392,706 SH   SOLE 0 392,706 0 0
BOK FINL CORP COM NEW COM 05561Q201 6,802 108,481 SH   SOLE 0 108,481 0 0
BOSTON PROPERTIES INC COM 101121101 1,878 14,236 SH   SOLE 0 14,236 0 0
BROWN & BROWN INC COM 115236101 4,801 128,142 SH   SOLE 0 128,142 0 0
BRYN MAWR BK CORP COM 117665109 4,394 150,469 SH   SOLE 0 150,469 0 0
CABOT CORP COM 127055101 2,707 59,288 SH   SOLE 0 59,288 0 0
CALLON PETE CO DEL COM 13123X102 8,254 734,985 SH   SOLE 0 734,985 0 0
CAMDEN PROPERTY TRUST COM 133131102 439 4,960 SH   SOLE 0 4,960 0 0
CAPITAL BANK FINANCIAL CORP COM 139794101 5,002 173,696 SH   SOLE 0 173,696 0 0
CARRIZO OIL & GAS COM 144577103 12,498 348,611 SH   SOLE 0 348,611 0 0
CBIZ INC COM 124805102 9,708 932,599 SH   SOLE 0 932,599 0 0
CENTERSTATE BANKS INC COM 15201P109 10,908 692,594 SH   SOLE 0 692,594 0 0
CHATHAM LODGING TRUST COM 16208T102 294 13,377 SH   SOLE 0 13,377 0 0
CHEMBIO DIAGNOSTICS COM 163572209 174 21,200 SH   SOLE 0 21,200 0 0
CHESAPEAKE UTILITIES CORP. COM 165303108 10,101 152,631 SH   SOLE 0 152,631 0 0
CHEVRON CORP NEW COM 166764100 6,483 61,840 SH   SOLE 0 61,840 0 0
CHUBB LTD COM H1467J104 4,606 35,237 SH   SOLE 0 35,237 0 0
CIGNA CORP COM 125509109 4,282 33,454 SH   SOLE 0 33,454 0 0
CISCO SYS INC COM 17275R102 400 13,947 SH   SOLE 0 13,947 0 0
CIT GROUP INC COM 125581801 3,227 101,121 SH   SOLE 0 101,121 0 0
CITIGROUP INC COM 172967424 7,351 173,419 SH   SOLE 0 173,419 0 0
CITRIX SYS INC COM 177376100 2,128 26,573 SH   SOLE 0 26,573 0 0
CNO FINANCIAL INC COM 12621E103 17,492 1,001,845 SH   SOLE 0 1,001,845 0 0
COCA COLA EUROPEAN PARTNERS SHS G25839104 3,706 103,829 PRN   SOLE 0 103,829 0 0
COLGATE PALMOLIVE CO COM 194162103 569 7,780 SH   SOLE 0 7,780 0 0
COLONY FINANCIAL COM 19624R106 231 15,017 SH   SOLE 0 15,017 0 0
COLUMBIA SPORTSWEAR CO COM 198516106 5,218 90,690 SH   SOLE 0 90,690 0 0
CONAGRA FOODS INC COM 205887102 5,040 105,418 SH   SOLE 0 105,418 0 0
CONOCOPHILLIPS COM 20825C104 6,326 145,103 SH   SOLE 0 145,103 0 0
CORESITE REALTY CORP COM 21870Q105 22,761 256,631 SH   SOLE 0 256,631 0 0
CROWN HOLDINGS INC COM 228368106 4,522 89,254 SH   SOLE 0 89,254 0 0
CURTISS WRIGHT CORP COM 231561101 16,197 192,245 SH   SOLE 0 192,245 0 0
CVS HEALTH CORP COM 126650100 11,243 117,435 SH   SOLE 0 117,435 0 0
CYPRESS SEMICONDUCTOR COM 232806109 10,540 999,030 SH   SOLE 0 999,030 0 0
DEAN FOODS CO NEW COM 242370203 4,240 234,397 SH   SOLE 0 234,397 0 0
DELUXE CORP COM 248019101 13,449 202,632 SH   SOLE 0 202,632 0 0
DICKS SPORTING GOODS COM 253393102 4,597 102,015 SH   SOLE 0 102,015 0 0
DOVER CORP COM 260003108 1,040 14,997 SH   SOLE 0 14,997 0 0
DOW CHEM CO COM 260543103 339 6,815 SH   SOLE 0 6,815 0 0
DU PONT E I DE NEMOURS COM 263534109 278 4,297 SH   SOLE 0 4,297 0 0
DUKE ENERGY CORP COM 26441C204 7,407 86,337 SH   SOLE 0 86,337 0 0
E M C CORP MASS COM 268648102 455 16,752 SH   SOLE 0 16,752 0 0
E.W. SCRIPPS COM 811054402 5,872 370,707 SH   SOLE 0 370,707 0 0
EATON CORP SHS G29183103 3,998 66,932 PRN   SOLE 0 66,932 0 0
EDUCATION RLTY TR INC COM 28140H203 9,372 203,128 SH   SOLE 0 203,128 0 0
EMCOR GROUP INC COM 29084Q100 4,464 90,630 SH   SOLE 0 90,630 0 0
EMMIS COMMUNICTNS CORP CL A 291525103 218 300,312 SH   SOLE 0 300,312 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 3,984 59,328 PRN   SOLE 0 59,328 0 0
ENTERCOM COMMUNICATIONS CORP CL A 293639100 7,697 567,230 SH   SOLE 0 567,230 0 0
EQUITY LIFESTYLE PPTYS COM 29472R108 956 11,940 SH   SOLE 0 11,940 0 0
EQUITY RESIDENTIAL COM 29476L107 3,433 49,840 SH   SOLE 0 49,840 0 0
ESSEX PROPERTY TRUST COM 297178105 917 4,019 SH   SOLE 0 4,019 0 0
ESTERLINE TECHNOLOGIES COM 297425100 5,159 83,151 SH   SOLE 0 83,151 0 0
EXPRESS, INC. COM 30219E103 3,907 269,261 SH   SOLE 0 269,261 0 0
EXTRA SPACE STORAGE COM 30225T102 1,625 17,564 SH   SOLE 0 17,564 0 0
EXXON MOBIL CORP COM 30231G102 14,697 156,790 SH   SOLE 0 156,790 0 0
F M C CORP COM NEW COM 302491303 4,533 97,877 SH   SOLE 0 97,877 0 0
FEDERAL REALTY INVT TR COM 313747206 324 1,955 SH   SOLE 0 1,955 0 0
FERRO CORP COM 315405100 4,536 339,026 SH   SOLE 0 339,026 0 0
FIDELITY SOUTHERN CORP COM 316394105 6,409 409,027 SH   SOLE 0 409,027 0 0
FIRST INDUSTRIAL RLTY COM 32054K103 17,575 631,725 SH   SOLE 0 631,725 0 0
FIRST REP BK SAN COM 33616C100 5,272 75,318 SH   SOLE 0 75,318 0 0
GALLAGHER ARTHUR J &CO COM 363576109 5,219 109,648 SH   SOLE 0 109,648 0 0
GENERAL ELEC CO COM 369604103 8,826 280,355 SH   SOLE 0 280,355 0 0
GIBRALTAR INDS INC COM 374689107 10,051 318,366 SH   SOLE 0 318,366 0 0
GILEAD SCIENCES INC COM 375558103 588 7,052 SH   SOLE 0 7,052 0 0
GOLDMAN SACHS GROUP COM 38141G104 5,199 34,993 SH   SOLE 0 34,993 0 0
GREAT PLAINS ENERGY COM 391164100 7,637 251,207 SH   SOLE 0 251,207 0 0
GUGGENHEIM SPIN-OFF COM 18383M605 1,336 33,881 SH   SOLE 0 33,881 0 0
HARMAN INTL INDS INC COM 413086109 4,996 69,567 SH   SOLE 0 69,567 0 0
HCA INC COM 40412C101 3,800 49,347 SH   SOLE 0 49,347 0 0
HD SUPPLY HOLDINGS INC COM 40416M105 4,703 135,054 SH   SOLE 0 135,054 0 0
HEARTLAND FINL USA INC COM 42234Q102 8,951 253,646 SH   SOLE 0 253,646 0 0
HERBALIFE LTD COM G4412G101 2,160 36,896 SH   SOLE 0 36,896 0 0
HERITAGE COMMERCE CORP COM 426927109 5,314 504,683 SH   SOLE 0 504,683 0 0
HERITAGE FINANCIAL CORP COM 42722X106 7,056 401,386 SH   SOLE 0 401,386 0 0
HERITAGE OAKS BANCORP COM 42724R107 8,664 1,091,151 SH   SOLE 0 1,091,151 0 0
HERTZ GLOBAL HOLDINGS, INC. COM 42806J106 2,790 252,007 SH   SOLE 0 252,007 0 0
HUDSON PACIFIC PROPERTIES, INC. COM 444097109 9,879 338,561 SH   SOLE 0 338,561 0 0
IBERIABANK CORP COM 450828108 8,857 148,292 SH   SOLE 0 148,292 0 0
IDACORP INC COM 451107106 6,134 75,406 SH   SOLE 0 75,406 0 0
INTEGRATED DEVICE TECH COM 458118106 4,281 212,658 SH   SOLE 0 212,658 0 0
INTEL CORP COM 458140100 843 25,711 SH   SOLE 0 25,711 0 0
INTERSIL CORP CL A 46069S109 4,251 313,934 SH   SOLE 0 313,934 0 0
ISHARES TR INTL DEV RE ETF 464288489 806 27,625 SH   SOLE 0 27,625 0 0
ISHARES TR RUS 2000 VAL ETF 464287630 532 5,465 SH   SOLE 0 5,465 0 0
ISHARES TR U.S. PFD STK ETF 464288687 5,171 129,639 SH   SOLE 0 129,639 0 0
ISHARES TR U.S. REAL ES ETF 464287739 873 10,599 SH   SOLE 0 10,599 0 0
JOHNSON & JOHNSON COM 478160104 6,803 56,084 SH   SOLE 0 56,084 0 0
JPMORGAN CHASE & CO COM 46625H100 11,344 182,555 SH   SOLE 0 182,555 0 0
KADANT INC COM 48282T104 5,556 107,870 SH   SOLE 0 107,870 0 0
KAISER ALUMINUM CORP COM 483007704 7,899 87,368 SH   SOLE 0 87,368 0 0
KAPSTONE PAPER & PACKAGING C COM 48562P103 4,430 340,503 SH   SOLE 0 340,503 0 0
KILROY REALTY CORP COM 49427F108 921 13,896 SH   SOLE 0 13,896 0 0
KIMCO REALTY CORP COM 49446R109 443 14,124 SH   SOLE 0 14,124 0 0
KINDER MORGAN INC KANS COM 49456B101 6,921 369,713 SH   SOLE 0 369,713 0 0
KITE RLTY GROUP TR COM 49803T300 9,095 324,465 SH   SOLE 0 324,465 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 239 1,835 SH   SOLE 0 1,835 0 0
MACERICH CO COM 554382101 355 4,157 SH   SOLE 0 4,157 0 0
MAGELLAN MIDSTREAM COM 559080106 300 3,950 SH   SOLE 0 3,950 0 0
MALLINCKRODT PLC SHS G5785G107 3,691 60,727 PRN   SOLE 0 60,727 0 0
MATERION CORP COM 576690101 4,119 166,367 SH   SOLE 0 166,367 0 0
MATTEL INC COM 577081102 5,635 180,092 SH   SOLE 0 180,092 0 0
MENTOR GRAPHICS CORP COM 587200106 5,302 249,383 SH   SOLE 0 249,383 0 0
MERCK & CO INC COM 58933Y105 5,150 89,392 SH   SOLE 0 89,392 0 0
MEREDITH CORP COM 589433101 8,391 161,651 SH   SOLE 0 161,651 0 0
METLIFE INC COM 59156R108 6,976 175,141 SH   SOLE 0 175,141 0 0
MICROSOFT CORP COM 594918104 860 16,808 SH   SOLE 0 16,808 0 0
MYR GROUP INC COM 55405W104 7,456 309,644 SH   SOLE 0 309,644 0 0
NATIONAL CINEMEDIA COM 635309107 6,728 434,609 SH   SOLE 0 434,609 0 0
NATIONAL OILWELL VARCO COM 637071101 241 7,162 SH   SOLE 0 7,162 0 0
NATIONAL STORAGE AFFILIATES COM SHS BEN IN 637870106 9,562 459,246 SH   SOLE 0 459,246 0 0
NCR CORP NEW COM 62886E108 21,141 761,275 SH   SOLE 0 761,275 0 0
NEWELL RUBBERMAID INC COM 651229106 988 20,351 SH   SOLE 0 20,351 0 0
NOBLE CORP PLC SHS G65431101 2,055 249,337 PRN   SOLE 0 249,337 0 0
NOBLE ENRGY INC COM 655044105 6,341 176,787 SH   SOLE 0 176,787 0 0
NORFOLK SOUTHERN CORP COM 655844108 4,041 47,463 SH   SOLE 0 47,463 0 0
NORTEK, INC. COM 656559309 5,322 89,740 SH   SOLE 0 89,740 0 0
NORTHSTAR ASSET MGMT GROUP I COM 66705Y104 3,526 345,324 SH   SOLE 0 345,324 0 0
NORWEGIAN CRUISE LINE HLDGS SHS G66721104 5,343 134,115 PRN   SOLE 0 134,115 0 0
NXP SEMICONDUCTORS N V COM N6596X109 5,992 76,487 SH   SOLE 0 76,487 0 0
ON ASSIGNMENT INC COM 682159108 4,235 114,613 SH   SOLE 0 114,613 0 0
PACIFIC PREMIER BANCORP COM 69478X105 9,778 407,409 SH   SOLE 0 407,409 0 0
PAREXEL INTL CORP COM 699462107 8,224 130,786 SH   SOLE 0 130,786 0 0
PARK STERLING BANK COM 70086Y105 6,243 880,564 SH   SOLE 0 880,564 0 0
PDC ENERGY COM 69327R101 10,102 175,345 SH   SOLE 0 175,345 0 0
PEBBLEBROOK HOTEL COM 70509V100 12,245 466,475 SH   SOLE 0 466,475 0 0
PENNEY J C INC COM 708160106 7,712 868,471 SH   SOLE 0 868,471 0 0
PENUMBRA INC COM 70975L107 18,313 307,774 SH   SOLE 0 307,774 0 0
PEPSICO INC COM 713448108 1,699 16,042 SH   SOLE 0 16,042 0 0
PFIZER INC COM 717081103 8,653 245,768 SH   SOLE 0 245,768 0 0
PHARMERICA COM 71714F104 6,889 279,348 SH   SOLE 0 279,348 0 0
PHILIP MORRIS INTL INC COM 718172109 264 2,599 SH   SOLE 0 2,599 0 0
PHILLIPS 66 COM 718546104 281 3,546 SH   SOLE 0 3,546 0 0
PHOTRONICS INC COM 719405102 4,082 458,091 SH   SOLE 0 458,091 0 0
PLEXUS CORP COM 729132100 9,126 211,248 SH   SOLE 0 211,248 0 0
PNM RES INC COM 69349H107 8,284 233,748 SH   SOLE 0 233,748 0 0
PORTLAND GENERAL COM 736508847 7,162 162,330 SH   SOLE 0 162,330 0 0
PROCTER & GAMBLE CO COM 742718109 6,347 74,962 SH   SOLE 0 74,962 0 0
PROGENICS PHARMA INC COM 743187106 2,740 649,295 SH   SOLE 0 649,295 0 0
PROGRESS SOFTWARE CORP COM 743312100 9,236 336,347 SH   SOLE 0 336,347 0 0
PROLOGIS COM 74340W103 4,758 97,025 SH   SOLE 0 97,025 0 0
PUBLIC STORAGE INC COM 74460D109 1,068 4,180 SH   SOLE 0 4,180 0 0
QTS REALTY TRUST INC COM 74736A103 6,118 109,282 SH   SOLE 0 109,282 0 0
QUALCOMM INC COM 747525103 259 4,842 SH   SOLE 0 4,842 0 0
RADIAN GROUP INC COM 750236101 7,069 678,451 SH   SOLE 0 678,451 0 0
RANGE RES CORP COM 75281A109 10,793 250,185 SH   SOLE 0 250,185 0 0
RAYTHEON CO COM NEW COM NEW 755111507 4,326 31,820 SH   SOLE 0 31,820 0 0
REGENCY CTRS CORP COM 758849103 564 6,730 SH   SOLE 0 6,730 0 0
REXFORD INDUSTRIAL REALTY COM 76169C100 10,370 491,704 SH   SOLE 0 491,704 0 0
RING ENERGY, INC. COM 76680V108 8,899 1,008,990 SH   SOLE 0 1,008,990 0 0
ROBERT HALF INTL INC COM 770323103 3,905 102,320 SH   SOLE 0 102,320 0 0
RUTH'S HOSPITALITY GROUP, INC. COM 783332109 7,917 496,360 SH   SOLE 0 496,360 0 0
SABRA HEALTH CARE REIT COM 78573L106 11,046 535,305 SH   SOLE 0 535,305 0 0
SCHLUMBERGER LTD COM 806857108 382 4,832 SH   SOLE 0 4,832 0 0
SCHWAB LARGE CAP ETF COM 808524201 5,602 112,561 SH   SOLE 0 112,561 0 0
SCHWAB US REIT ETF COM 808524847 1,142 26,284 SH   SOLE 0 26,284 0 0
SCIENCE APPLICATNS INTL CP N COM 808625107 10,569 181,136 SH   SOLE 0 181,136 0 0
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 5,037 80,891 SH   SOLE 0 80,891 0 0
SELECTIVE INS GROUP COM 816300107 4,826 126,296 SH   SOLE 0 126,296 0 0
SENSIENT TECH CORP COM 81725T100 14,133 198,947 SH   SOLE 0 198,947 0 0
SERITAGE GROWTH PROPERTIES COM 81752R100 5,511 110,569 SH   SOLE 0 110,569 0 0
SHIRE PLC COM 82481R106 4,702 25,542 SH   SOLE 0 25,542 0 0
SIGNET JEWELERS LTD SHS G81276100 3,376 40,967 PRN   SOLE 0 40,967 0 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 6,395 133,797 SH   SOLE 0 133,797 0 0
SIMON PROPERTY GROUP COM 828806109 3,135 14,454 SH   SOLE 0 14,454 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 11,590 388,149 SH   SOLE 0 388,149 0 0
SKECHERS U S A INC CL A 830566105 3,805 128,020 SH   SOLE 0 128,020 0 0
SKYWEST INC COM 830879102 11,617 439,030 SH   SOLE 0 439,030 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 3,771 59,595 SH   SOLE 0 59,595 0 0
SL GREEN REALTY COM 78440X101 829 7,789 SH   SOLE 0 7,789 0 0
SOUTH JERSEY INDS INC COM 838518108 5,093 161,082 SH   SOLE 0 161,082 0 0
SOUTHERN CO COM 842587107 7,329 136,667 SH   SOLE 0 136,667 0 0
SOUTHWEST AIRLS CO COM 844741108 300 7,657 SH   SOLE 0 7,657 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 290 6,988 SH   SOLE 0 6,988 0 0
SPDR S&P D500 ETF TR TR UNIT 78462F103 959 4,579 SH   SOLE 0 4,579 0 0
SPIRE, INC COM 84857L101 8,296 117,107 SH   SOLE 0 117,107 0 0
STAG INDUSTRIAL COM 85254J102 536 22,499 SH   SOLE 0 22,499 0 0
STANLEY BLACK & DECKER COM 854502101 7,131 64,115 SH   SOLE 0 64,115 0 0
STATE BANK & TRUST COM 856190103 9,503 466,766 SH   SOLE 0 466,766 0 0
SUN COMMUNITIES INC COM 866674104 18,640 243,209 SH   SOLE 0 243,209 0 0
SUNTRUST BKS INC COM 867914103 4,190 102,004 SH   SOLE 0 102,004 0 0
SYNNEX CORP COM 87162W100 4,034 42,541 SH   SOLE 0 42,541 0 0
SYNOVUS FINL CORP COM 87161C501 8,214 283,329 SH   SOLE 0 283,329 0 0
TARGET CORP COM 87612E106 257 3,675 SH   SOLE 0 3,675 0 0
TE CONNECTIVITY LTD REG SHS H84989104 3,376 59,111 PRN   SOLE 0 59,111 0 0
TETRA TECH INC NEW COM 88162G103 12,515 407,072 SH   SOLE 0 407,072 0 0
TIMKEN CO COM 887389104 6,180 201,555 SH   SOLE 0 201,555 0 0
TOPBUILD CORP COM 89055F103 9,755 269,480 SH   SOLE 0 269,480 0 0
TOWNE BANK COM 89214P109 4,367 201,710 SH   SOLE 0 201,710 0 0
TREEHOUSE FOODS INC COM 89469A104 10,251 99,865 SH   SOLE 0 99,865 0 0
TRICO BANCSHARES COM 896095106 9,795 354,900 SH   SOLE 0 354,900 0 0
UNILEVER NV COM 904784709 282 6,000 SH   SOLE 0 6,000 0 0
UNION PAC CORP COM 907818108 283 3,241 SH   SOLE 0 3,241 0 0
UNITED CMNTY BKS BLAIRSVLE G COM 90984P303 12,827 701,302 SH   SOLE 0 701,302 0 0
UNITED CONTL HLDS INC. COM 910047109 2,038 49,666 SH   SOLE 0 49,666 0 0
VALERO ENERGY CORP NEW COM 91913Y100 4,694 92,034 SH   SOLE 0 92,034 0 0
VASCO DATA SEC INTL INC COM 92230Y104 4,104 250,403 SH   SOLE 0 250,403 0 0
VENTAS INC COM 92276F100 911 12,511 SH   SOLE 0 12,511 0 0
VEREIT INC COM 92339V100 4,950 488,165 SH   SOLE 0 488,165 0 0
VERIFONE COM 92342Y109 6,080 327,920 SH   SOLE 0 327,920 0 0
VERINT SYS INC COM 92343X100 6,656 200,907 SH   SOLE 0 200,907 0 0
VERIZON COMMUNICATIONS COM 92343V104 6,308 112,963 SH   SOLE 0 112,963 0 0
VORNADO REALTY TRUST COM 929042109 801 7,999 SH   SOLE 0 7,999 0 0
WABASH NATL CORP COM 929566107 8,264 650,712 SH   SOLE 0 650,712 0 0
WAL MART STORES INC COM 931142103 566 7,756 SH   SOLE 0 7,756 0 0
WALT DISNEY CO COM 254687106 1,549 15,832 SH   SOLE 0 15,832 0 0
WEB.COM GROUP INC COM 94733A104 3,552 195,370 SH   SOLE 0 195,370 0 0
WELLS FARGO & CO COM 949746101 779 16,451 SH   SOLE 0 16,451 0 0
WELLTOWER INC COM 95040Q104 726 9,525 SH   SOLE 0 9,525 0 0
WESTROCK CO COM 96145D105 1,383 35,587 SH   SOLE 0 35,587 0 0
WILLIAMS SONOMA INC COM 969904101 2,819 54,067 SH   SOLE 0 54,067 0 0
WINTRUST FINL CORP COM 97650W108 10,216 200,307 SH   SOLE 0 200,307 0 0
YADKIN FINL CORP COM 984305102 13,653 544,156 SH   SOLE 0 544,156 0 0