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
CUBIST PHARMACEUTICALS 1.125000% 09/01/2018 CONB 229678AF4 2,653,190 2,000,000 PRN   SOLE   2,000,000 0 0
DOMINION RESOURCES INC 6.000000% 07/01/2016 CONBNP 25746U885 2,404,800 40,000 PRN   SOLE   40,000 0 0
DOMINION RESOURCES INC 6.125000% 04/01/2016 CONBNP 25746U703 4,200,700 70,000 PRN   SOLE   70,000 0 0
ELECTRONIC ARTS INC .750000% 07/15/2016 CONB 285512AA7 5,277,020 3,500,000 PRN   SOLE   3,500,000 0 0
EXELON CORP 6.500000% 06/01/2017 CONBNP 30161N127 7,561,400 140,000 PRN   SOLE   140,000 0 0
INTEL CORP 2.950000% 12/15/2035 CONB 458140AD2 11,650,449 8,835,000 PRN   SOLE   8,835,000 0 0
JARDEN CORP 1.500000% 06/15/2019 CONB 471109AL2 2,659,300 2,000,000 PRN   SOLE   2,000,000 0 0
JDS UNIPHASE CORP .625000% 08/15/2033 CONB 46612JAF8 6,767,410 6,500,000 PRN   SOLE   6,500,000 0 0
LIBERTY MEDIA CORP 1.375000% 10/15/2023 CONB 531229AB8 7,368,900 7,500,000 PRN   SOLE   7,500,000 0 0
MOLINA HEALTHCARE INC 1.125000% 01/15/2020 CONB 60855RAC4 6,242,580 4,500,000 PRN   SOLE   4,500,000 0 0
NEWMONT MINING CORP 1.625000% 07/15/2017 CONB 651639AJ5 88,830,875 87,500,000 PRN   SOLE   87,500,000 0 0
NVIDIA CORP 1.000000% 12/01/2018 CONB 67066GAC8 9,061,650 7,800,000 PRN   SOLE   7,800,000 0 0
SANDISK CORP .500000% 10/15/2020 CONB 80004CAF8 7,947,095 6,500,000 PRN   SOLE   6,500,000 0 0
STANLEY BLACK & DECKER I 6.250000% 11/17/2016 CONBNP 854502804 2,979,500 25,000 PRN   SOLE   25,000 0 0
UNITED TECHNOLOGIES CORP 7.500000% 08/01/2015 CONBNP 913017117 3,045,840 49,000 PRN   SOLE   49,000 0 0
WEYERHAEUSER CO 6.375000% 07/01/2016 CONBNP 962166872 5,468,305 85,000 PRN   SOLE   85,000 0 0
ABBOTT LABORATORIES COM 002824100 10,085,200 224,016 SH   SOLE   224,016 0 0
ABBVIE INC COM 00287Y109 14,659,607 224,016 SH   SOLE   224,016 0 0
ABENGOA SA COM 00289R201 2,686,832 247,065 SH   SOLE   247,065 0 0
ACE LTD COM H0023R105 36,898,537 321,192 SH   SOLE   321,192 0 0
ACI WORLDWIDE INC COM 004498101 6,314,218 313,050 SH   SOLE   313,050 0 0
ACXIOM CORP COM 005125109 6,841,125 337,500 SH   SOLE   337,500 0 0
ADT CORP/THE COM 00101J106 4,850,762 133,888 SH   SOLE   133,888 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 8,053,226 196,708 SH   SOLE   196,708 0 0
AIRGAS INC COM 009363102 7,043,142 61,149 SH   SOLE   61,149 0 0
ALAMOS GOLD INC COM 011527108 5,209,962 730,710 SH   SOLE   730,710 0 0
ALERE INC COM 01449J105 6,049,600 159,200 SH   SOLE   159,200 0 0
ALLEGHANY CORP COM 017175100 8,688,771 18,746 SH   SOLE   18,746 0 0
ALLSCRIPTS HEALTHCARE SOLUTI COM 01988P108 6,272,509 491,191 SH   SOLE   491,191 0 0
ALTRIA GROUP INC COM 02209S103 3,924,109 79,645 SH   SOLE   79,645 0 0
AMBEV SA-ADR ADR 02319V103 2,270,922 365,100 SH   SOLE   365,100 0 0
AMERESCO INC-CL A COM 02361E108 3,238,739 462,677 SH   SOLE   462,677 0 0
AMERICAN EXPRESS CO COM 025816109 26,030,359 279,776 SH   SOLE   279,776 0 0
AMERICAN EXPRESS CO CFD CFDNP 025816109 8,136,999 87,457 SH   SOLE   87,457 0 0
AMERICAN INTERNATIONAL GROUP COM 026874784 47,601,667 849,878 SH   SOLE   849,878 0 0
AMERICA'S CAR-MART INC COM 03062T105 8,283,615 155,182 SH   SOLE   155,182 0 0
AMERIPRISE FINANCIAL INC COM 03076C106 7,961,450 60,200 SH   SOLE   60,200 0 0
AMERISERV FINANCIAL INC COM 03074A102 606,138 193,662 SH   SOLE   193,662 0 0
AMGEN INC COM 031162100 19,812,012 124,377 SH   SOLE   124,377 0 0
AON PLC COM G0408V102 1,507,797 15,900 SH   SOLE   15,900 0 0
APPLE INC COM 037833100 76,984,752 697,452 SH   SOLE   697,452 0 0
APPLIED MATERIALS INC COM 038222105 12,319,426 494,359 SH   SOLE   494,359 0 0
ARES CAPITAL CORP COM 04010L103 415,421 26,621 SH   SOLE   26,621 0 0
ASSURED GUARANTY LTD COM G0585R106 309,281 11,900 SH   SOLE   11,900 0 0
ASTEC INDUSTRIES INC COM 046224101 5,887,341 149,767 SH   SOLE   149,767 0 0
ATLANTIC TELE-NETWORK INC COM 049079205 5,999,018 88,756 SH   SOLE   88,756 0 0
AVERY DENNISON CORP COM 053611109 6,391,097 123,190 SH   SOLE   123,190 0 0
BAIDU INC - SPON ADR ADR 056752108 14,669,870 64,350 SH   SOLE   64,350 0 0
BANK OF AMERICA CORP COM 060505104 48,594,392 2,716,288 SH   SOLE   2,716,288 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 10,686,138 263,400 SH   SOLE   263,400 0 0
BAXTER INTERNATIONAL INC COM 071813109 6,950,604 94,837 SH   SOLE   94,837 0 0
BIG 5 SPORTING GOODS CORP COM 08915P101 5,366,284 366,800 SH   SOLE   366,800 0 0
BIGLARI HOLDINGS INC COM 08986R101 4,921,963 12,320 SH   SOLE   12,320 0 0
BLACKBERRY LTD COM 09228F103 6,089,585 554,607 SH   SOLE   554,607 0 0
BLACKROCK INC COM 09247X101 14,162,236 39,608 SH   SOLE   39,608 0 0
BLACKSTONE GROUP LP/THE COM 09253U108 7,226,088 213,600 SH   SOLE   213,600 0 0
BORGWARNER INC COM 099724106 14,323,597 260,666 SH   SOLE   260,666 0 0
BOTTOMLINE TECHNOLOGIES (DE) COM 101388106 6,077,666 240,414 SH   SOLE   240,414 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 12,181,549 206,362 SH   SOLE   206,362 0 0
CALIFORNIA RESOURCES CORP COM 13057Q107 318,649 57,831 SH   SOLE   57,831 0 0
CALIX INC COM 13100M509 6,408,792 639,600 SH   SOLE   639,600 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 2,275,904 27,570 SH   SOLE   27,570 0 0
CARDINAL FINANCIAL CORP COM 14149F109 6,914,285 348,678 SH   SOLE   348,678 0 0
CASELLA WASTE SYSTEMS INC-A COM 147448104 3,924,185 971,333 SH   SOLE   971,333 0 0
CATCHMARK TIMBER TRUST INC-A COM 14912Y202 6,572,392 580,600 SH   SOLE   580,600 0 0
CHEFS' WAREHOUSE INC/THE COM 163086101 7,585,252 329,221 SH   SOLE   329,221 0 0
CHEVRON CORP COM 166764100 32,023,239 285,463 SH   SOLE   285,463 0 0
CHINA DISTANCE EDUCATION-ADR ADR 16944W104 4,814,726 293,760 SH   SOLE   293,760 0 0
CHINA LIFE INSURANCE CO-ADR ADR 16939P106 4,015,764 68,400 SH   SOLE   68,400 0 0
CIA DE MINAS BUENAVENTUR-ADR ADR 204448104 469,396 49,100 SH   SOLE   49,100 0 0
CISCO SYSTEMS INC COM 17275R102 163,277,471 5,870,123 SH   SOLE   5,270,123 0 600,000
CIT GROUP INC CFD CFDNP 125581801 822,676 17,200 SH   SOLE   17,200 0 0
CITIGROUP INC COM 172967424 52,640,210 972,837 SH   SOLE   972,837 0 0
CLEAN HARBORS INC COM 184496107 15,156,796 315,438 SH   SOLE   315,438 0 0
COACH INC COM 189754104 25,011,204 665,900 SH   SOLE   665,900 0 0
COLGATE-PALMOLIVE CO COM 194162103 17,035,547 246,214 SH   SOLE   246,214 0 0
COMCAST CORP-CLASS A COM 20030N101 28,974,429 499,473 SH   SOLE   499,473 0 0
COMCAST CORP-SPECIAL CL A COM 20030N200 13,810,707 239,915 SH   SOLE   239,915 0 0
CONCORD MEDICAL - SPON ADR ADR 206277105 2,706,302 422,200 SH   SOLE   422,200 0 0
CONN'S INC COM 208242107 5,190,774 277,730 SH   SOLE   277,730 0 0
CONOCOPHILLIPS COM 20825C104 14,595,209 211,341 SH   SOLE   211,341 0 0
COPA HOLDINGS SA-CLASS A COM P31076105 2,437,613 23,520 SH   SOLE   23,520 0 0
CORELOGIC INC COM 21871D103 8,440,848 267,200 SH   SOLE   267,200 0 0
CORNING INC COM 219350105 5,009,196 218,456 SH   SOLE   218,456 0 0
COVANTA HOLDING CORP COM 22282E102 16,154,746 733,973 SH   SOLE   733,973 0 0
COVIDIEN PLC COM G2554F113 15,297,406 149,564 SH   SOLE   149,564 0 0
CREDICORP LTD COM G2519Y108 3,315,726 20,700 SH   SOLE   20,700 0 0
CREE INC COM 225447101 2,289,231 71,050 SH   SOLE   71,050 0 0
CVS HEALTH CORP COM 126650100 42,305,516 439,264 SH   SOLE   439,264 0 0
DEVRY EDUCATION GROUP INC COM 251893103 6,608,963 139,224 SH   SOLE   139,224 0 0
DIRECTV COM 25490A309 13,159,933 151,787 SH   SOLE   151,787 0 0
DISCOVER FINANCIAL SERVICES COM 254709108 11,816,033 180,425 SH   SOLE   180,425 0 0
DR HORTON INC COM 23331A109 1,466,820 58,000 SH   SOLE   58,000 0 0
EAGLE BANCORP INC COM 268948106 2,253,531 63,444 SH   SOLE   63,444 0 0
EBAY INC COM 278642103 13,908,837 247,841 SH   SOLE   247,841 0 0
EMC CORP/MA COM 268648102 17,814,944 599,023 SH   SOLE   599,023 0 0
EMCOR GROUP INC COM 29084Q100 1,352,051 30,390 SH   SOLE   30,390 0 0
EMERSON ELECTRIC CO COM 291011104 20,819,924 337,274 SH   SOLE   337,274 0 0
EQUIFAX INC COM 294429105 1,455,660 18,000 SH   SOLE   18,000 0 0
EROS INTERNATIONAL PLC COM G3788M114 10,972,878 518,567 SH   SOLE   518,567 0 0
EXELON CORP COM 30161N101 1,416,456 38,200 SH   SOLE   38,200 0 0
EXXON MOBIL CORP COM 30231G102 1,849,000 20,000 SH   SOLE   20,000 0 0
FIDELITY NATIONAL INFORMATIO COM 31620M106 10,087,285 162,175 SH   SOLE   162,175 0 0
FIRST SOLAR INC COM 336433107 4,207,226 94,343 SH   SOLE   94,343 0 0
GANNETT CO COM 364730101 14,895,856 466,516 SH   SOLE   466,516 0 0
GENESEE & WYOMING INC-CL A COM 371559105 6,639,333 73,836 SH   SOLE   73,836 0 0
GLOBAL PAYMENTS INC COM 37940X102 4,900,311 60,700 SH   SOLE   60,700 0 0
GOODRICH PETROLEUM CORP COM 382410405 3,311,352 745,800 SH   SOLE   745,800 0 0
GRANITE CONSTRUCTION INC COM 387328107 6,479,597 170,426 SH   SOLE   170,426 0 0
HALLIBURTON CO COM 406216101 11,805,293 300,160 SH   SOLE   300,160 0 0
HALLMARK FINL SERVICES INC COM 40624Q203 4,655,025 385,031 SH   SOLE   385,031 0 0
HARTFORD FINANCIAL SVCS GRP COM 416515104 15,704,623 376,700 SH   SOLE   376,700 0 0
HARVARD BIOSCIENCE INC COM 416906105 5,958,144 1,050,819 SH   SOLE   1,050,819 0 0
HCC INSURANCE HOLDINGS INC COM 404132102 5,829,934 108,930 SH   SOLE   108,930 0 0
HDFC BANK LTD-ADR ADR 40415F101 7,439,950 146,600 SH   SOLE   146,600 0 0
HESS CORP COM 42809H107 8,689,574 117,713 SH   SOLE   117,713 0 0
HEWLETT-PACKARD CO COM 428236103 199,646,750 4,975,000 SH   SOLE   4,495,000 0 480,000
HOLLYSYS AUTOMATION TECHNOLO COM G45667105 10,570,861 432,700 SH   SOLE   432,700 0 0
HONEYWELL INTERNATIONAL INC COM 438516106 28,224,302 282,469 SH   SOLE   282,469 0 0
HORSEHEAD HOLDING CORP COM 440694305 8,829,088 557,744 SH   SOLE   557,744 0 0
HUB GROUP INC-CL A COM 443320106 4,051,788 106,402 SH   SOLE   106,402 0 0
ICICI BANK LTD-SPON ADR ADR 45104G104 19,002,868 1,645,270 SH   SOLE   1,645,270 0 0
IKANG HEALTHCARE GROUP-ADR COM 45174L108 3,188,480 212,000 SH   SOLE   212,000 0 0
INFOSYS LTD-SP ADR ADR 456788108 12,118,392 385,200 SH   SOLE   385,200 0 0
INSTALLED BUILDING PRODUCTS COM 45780R101 5,695,272 319,600 SH   SOLE   319,600 0 0
INTEL CORP COM 458140100 18,172,762 500,765 SH   SOLE   500,765 0 0
INTL FCSTONE INC COM 46116V105 6,607,948 321,242 SH   SOLE   321,242 0 0
INVESCO LTD COM G491BT108 10,729,443 271,494 SH   SOLE   271,494 0 0
INVESTORS BANCORP INC COM 46146L101 1,257,200 112,000 SH   SOLE   112,000 0 0
IPC THE HOSPITALIST CO COM 44984A105 3,299,491 71,900 SH   SOLE   71,900 0 0
ITRON INC COM 465741106 13,925,970 329,297 SH   SOLE   329,297 0 0
JD.COM INC-ADR ADR 47215P106 4,280,900 185,000 SH   SOLE   185,000 0 0
JOHNSON CONTROLS INC COM 478366107 12,184,290 252,054 SH   SOLE   252,054 0 0
JOHNSON & JOHNSON COM 478160104 67,544,064 645,922 SH   SOLE   645,922 0 0
JPMORGAN CHASE & CO COM 46625H100 40,140,752 641,431 SH   SOLE   641,431 0 0
KEYSIGHT TECHNOLOGIES IN COM 49338L103 3,324,758 98,453 SH   SOLE   98,453 0 0
LAZARD LTD-CL A COM G54050102 5,528,315 110,500 SH   SOLE   110,500 0 0
LINCOLN NATIONAL CORP COM 534187109 18,992,461 329,330 SH   SOLE   329,330 0 0
LKQ CORP COM 501889208 30,169,948 1,072,900 SH   SOLE   1,072,900 0 0
MANCHESTER UNITED PLC-CL A COM G5784H106 23,167,604 1,457,082 SH   SOLE   1,457,082 0 0
MARKET VECTORS GOLD MINERS ETFNP 57060U100 56,149,907 3,054,946 SH   SOLE   3,054,946 0 0
MARKET VECTORS JR GOLD MINER ETFNP 57061R544 15,075,900 630,000 SH   SOLE   630,000 0 0
MARSH & MCLENNAN COS COM 571748102 7,429,752 129,800 SH   SOLE   129,800 0 0
MASTERCARD INC-CLASS A COM 57636Q104 19,837,565 230,241 SH   SOLE   230,241 0 0
MCGRAW HILL FINANCIAL INC COM 580645109 6,888,298 77,414 SH   SOLE   77,414 0 0
MEDTRONIC INC COM 585055106 29,092,918 402,949 SH   SOLE   402,949 0 0
MERCK & CO. INC. COM 58933Y105 15,853,269 279,156 SH   SOLE   279,156 0 0
MERCURY SYSTEMS INC COM 589378108 4,349,986 312,499 SH   SOLE   312,499 0 0
METLIFE INC COM 59156R108 1,341,432 24,800 SH   SOLE   24,800 0 0
MICROSOFT CORP COM 594918104 43,342,309 933,096 SH   SOLE   933,096 0 0
MOBILE TELESYSTEMS-SP ADR ADR 607409109 1,859,620 259,000 SH   SOLE   259,000 0 0
MONARCH FINANCIAL HOLDINGS COM 60907Q100 3,069,000 223,200 SH   SOLE   223,200 0 0
MOODY'S CORP COM 615369105 1,207,206 12,600 SH   SOLE   12,600 0 0
MORGAN STANLEY COM 617446448 9,616,696 247,853 SH   SOLE   247,853 0 0
MSCI INC COM 55354G100 10,749,951 226,601 SH   SOLE   226,601 0 0
NASDAQ OMX GROUP/THE COM 631103108 6,536,708 136,295 SH   SOLE   136,295 0 0
NEWMONT MINING CORP COM 651639106 4,186,766 221,522 SH   SOLE   221,522 0 0
NEW ORIENTAL EDUCATIO-SP ADR ADR 647581107 9,182,459 449,900 SH   SOLE   449,900 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 11,662,655 144,680 SH   SOLE   144,680 0 0
OMNICARE INC 3.250000% 12/15/2035 CONB 681904AL2 9,668,340 9,000,000 PRN   SOLE   9,000,000 0 0
ORACLE CORP COM 68389X105 24,227,273 538,743 SH   SOLE   538,743 0 0
ORMAT TECHNOLOGIES INC COM 686688102 5,495,905 202,204 SH   SOLE   202,204 0 0
OWENS CORNING COM 690742101 9,923,739 277,122 SH   SOLE   277,122 0 0
PALL CORP COM 696429307 27,304,737 269,783 SH   SOLE   269,783 0 0
PBF ENERGY INC-CLASS A COM 69318G106 5,996,664 225,100 SH   SOLE   225,100 0 0
PENN NATIONAL GAMING INC COM 707569109 5,401,382 393,400 SH   SOLE   393,400 0 0
PENTAIR PLC COM G7S00T104 16,441,474 247,538 SH   SOLE   247,538 0 0
PEPSICO INC COM 713448108 15,167,329 160,399 SH   SOLE   160,399 0 0
PERNIX THERAPEUTICS HOLDINGS COM 71426V108 3,366,512 358,521 SH   SOLE   358,521 0 0
PFIZER INC COM 717081103 30,533,822 980,219 SH   SOLE   980,219 0 0
PHILIP MORRIS INTERNATIONAL COM 718172109 6,470,795 79,445 SH   SOLE   79,445 0 0
PNC FINANCIAL SERVICES GROUP COM 693475105 2,198,643 24,100 SH   SOLE   24,100 0 0
POWERSHARES BUYBACK ACHVERS ETFNP 73935X286 111,764,300 2,326,000 SH   SOLE   2,326,000 0 0
PREMIERE GLOBAL SERVICES INC COM 740585104 3,385,189 318,756 SH   SOLE   318,756 0 0
PROASSURANCE CORP COM 74267C106 6,099,765 135,100 SH   SOLE   135,100 0 0
PROCTER & GAMBLE CO/THE COM 742718109 22,324,975 245,087 SH   SOLE   245,087 0 0
PROGRESSIVE WASTE SOLUTIONS COM 74339G101 10,017,362 333,024 SH   SOLE   333,024 0 0
PRUDENTIAL FINANCIAL INC COM 744320102 5,897,992 65,200 SH   SOLE   65,200 0 0
QUANTA SERVICES INC COM 74762E102 306,470 10,795 SH   SOLE   10,795 0 0
RAYTHEON COMPANY COM 755111507 9,378,880 86,705 SH   SOLE   86,705 0 0
REALOGY HOLDINGS CORP COM 75605Y106 694,044 15,600 SH   SOLE   15,600 0 0
REGAL-BELOIT CORP COM 758750103 17,401,581 231,404 SH   SOLE   231,404 0 0
REPUBLIC SERVICES INC COM 760759100 33,878,626 841,705 SH   SOLE   841,705 0 0
RESOLUTE ENERGY CORP COM 76116A108 1,518,264 1,150,200 SH   SOLE   1,150,200 0 0
REX ENERGY CORP COM 761565100 1,935,516 379,513 SH   SOLE   379,513 0 0
ROPER INDUSTRIES INC COM 776696106 6,611,729 42,288 SH   SOLE   42,288 0 0
RYANAIR HOLDINGS PLC-SP ADR ADR 783513104 8,749,604 122,767 SH   SOLE   62,767 0 60,000
SAFEGUARD SCIENTIFICS INC COM 786449207 5,674,129 286,283 SH   SOLE   286,283 0 0
SCHLUMBERGER LTD COM 806857108 6,993,371 81,880 SH   SOLE   81,880 0 0
SCHNITZER STEEL INDS INC-A COM 806882106 2,939,410 130,293 SH   SOLE   130,293 0 0
SEACOR HOLDINGS INC COM 811904101 5,897,419 79,900 SH   SOLE   79,900 0 0
SENSATA TECHNOLOGIES HOLDING COM N7902X106 9,558,536 182,380 SH   SOLE   182,380 0 0
SIMON PROPERTY GROUP INC COM 828806109 11,090,499 60,900 SH   SOLE   60,900 0 0
SIMPSON MANUFACTURING CO INC COM 829073105 5,069,177 146,508 SH   SOLE   146,508 0 0
SL GREEN REALTY CORP COM 78440X101 7,034,082 59,100 SH   SOLE   59,100 0 0
SMITH (A.O.) CORP COM 831865209 6,271,325 111,174 SH   SOLE   111,174 0 0
SOTHEBY'S COM 835898107 7,051,294 163,300 SH   SOLE   163,300 0 0
STAPLES INC COM 855030102 1,619,928 89,400 SH   SOLE   89,400 0 0
STATE BANK FINANCIAL CORP COM 856190103 6,421,572 321,400 SH   SOLE   321,400 0 0
STERICYCLE INC COM 858912108 21,363,418 162,980 SH   SOLE   162,980 0 0
SUNOPTA INC COM 8676EP108 4,498,556 379,625 SH   SOLE   379,625 0 0
SUNTRUST BANKS INC COM 867914103 11,400,068 272,078 SH   SOLE   272,078 0 0
SUPERIOR ENERGY SERVICES INC COM 868157108 2,996,305 148,700 SH   SOLE   148,700 0 0
SYNERGETICS USA INC COM 87160G107 651,199 149,701 SH   SOLE   149,701 0 0
TAIWAN SEMICONDUCTOR-SP ADR ADR 874039100 6,864,595 306,729 SH   SOLE   306,729 0 0
TANGER FACTORY OUTLET CENTER COM 875465106 6,416,256 173,600 SH   SOLE   173,600 0 0
TATA MOTORS LTD-SPON ADR ADR 876568502 2,236,612 52,900 SH   SOLE   52,900 0 0
TD AMERITRADE HOLDING CORP COM 87236Y108 2,347,168 65,600 SH   SOLE   65,600 0 0
TEJON RANCH CO COM 879080109 6,289,445 213,491 SH   SOLE   213,491 0 0
TELEPHONE AND DATA SYSTEMS COM 879433829 5,976,675 236,700 SH   SOLE   236,700 0 0
TETRA TECH INC COM 88162G103 408,563 15,302 SH   SOLE   15,302 0 0
TIME WARNER INC COM 887317303 6,141,954 71,903 SH   SOLE   71,903 0 0
TRAVELERS COS INC/THE COM 89417E109 25,869,211 244,395 SH   SOLE   244,395 0 0
TYCO INTERNATIONAL PLC COM G91442106 11,762,638 268,186 SH   SOLE   268,186 0 0
UNITED NATURAL FOODS INC COM 911163103 38,771,374 501,408 SH   SOLE   501,408 0 0
UNITED RENTALS INC COM 911363109 10,930,678 107,153 SH   SOLE   107,153 0 0
UNIVERSAL TRUCKLOAD SERVICES COM 91388P105 6,935,314 243,259 SH   SOLE   243,259 0 0
URANIUM ENERGY CORP COM 916896103 307,419 175,668 SH   SOLE   175,668 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 100,189,323 2,130,781 SH   SOLE   2,053,005 0 77,776
WABTEC CORP COM 929740108 2,717,137 31,271 SH   SOLE   31,271 0 0
WAL-MART STORES INC COM 931142103 25,965,732 302,349 SH   SOLE   302,349 0 0
WATERS CORP COM 941848103 15,419,082 136,791 SH   SOLE   136,791 0 0
WATTS WATER TECHNOLOGIES-A COM 942749102 5,705,159 89,930 SH   SOLE   89,930 0 0
WELLS FARGO & CO COM 949746101 34,421,039 627,892 SH   SOLE   627,892 0 0
WHOLE FOODS MARKET INC COM 966837106 10,039,832 199,124 SH   SOLE   199,124 0 0
WUXI PHARMATECH CAYMAN-ADR ADR 929352102 7,360,262 218,600 SH   SOLE   218,600 0 0
XYLEM INC COM 98419M100 12,084,332 317,424 SH   SOLE   317,424 0 0
YAMANA GOLD INC COM 98462Y100 2,036,637 506,626 SH   SOLE   506,626 0 0
YANDEX NV-A COM N97284108 1,472,720 82,000 SH   SOLE   82,000 0 0