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
1ST SOURCE CORP COM 336901103 313 9,746 SH   SOLE   9,746 0 0
ACADIA HEALTHCARE COMPANY IN COM 00404A109 307 6,800 SH   SOLE   6,800 0 0
ACTIVISION BLIZZARD INC COM 00507V109 362 17,700 SH   SOLE   17,700 0 0
ACTUATE CORP COM 00508B102 312 51,900 SH   SOLE   51,900 0 0
ACUITY BRANDS INC COM 00508Y102 387 2,920 SH   SOLE   2,920 0 0
ACXIOM CORP COM 005125109 451 13,100 SH   SOLE   13,100 0 0
AECOM TECHNOLOGY CORP DELAWA COM 00766T100 1,121 34,835 SH   SOLE   34,835 0 0
AETNA INC NEW COM 00817Y108 1,717 22,900 SH   SOLE   22,900 0 0
AFLAC INC COM 001055102 2,793 44,300 SH   SOLE   44,300 0 0
AGCO CORP COM 001084102 1,677 30,400 SH   SOLE   30,400 0 0
ALLIED WRLD ASSUR COM HLDG A SHS H01531104 5,796 56,168 SH   SOLE   56,168 0 0
ALLSTATE CORP COM 020002101 5,922 104,658 SH   SOLE   104,658 0 0
ALPHATEC HOLDINGS INC COM 02081G102 133 88,881 SH   SOLE   88,881 0 0
AMERICAN FINL GROUP INC OHIO COM 025932104 5,916 102,511 SH   SOLE   102,511 0 0
AMERICAN NATL INS CO COM 028591105 466 4,125 SH   SOLE   4,125 0 0
AMERIPRISE FINL INC COM 03076C106 1,424 12,940 SH   SOLE   12,940 0 0
AMTRUST FINL SVCS INC COM 032359309 434 11,529 SH   SOLE   11,529 0 0
ANN INC COM 035623107 1,228 29,600 SH   SOLE   29,600 0 0
ANNALY CAP MGMT INC COM 035710409 618 56,352 SH   SOLE   56,352 0 0
APACHE CORP COM 037411105 1,618 19,500 SH   SOLE   19,500 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 635 21,000 SH   SOLE   21,000 0 0
ARBOR RLTY TR INC COM 038923108 71 10,206 SH   SOLE   10,206 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 1,671 38,500 SH   SOLE   38,500 0 0
ARROW ELECTRS INC COM 042735100 635 10,700 SH   SOLE   10,700 0 0
ASCENA RETAIL GROUP INC COM 04351G101 567 32,800 SH   SOLE   32,800 0 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 5,994 150,972 SH   SOLE   150,972 0 0
ASPEN TECHNOLOGY INC COM 045327103 1,442 34,050 SH   SOLE   34,050 0 0
ASSOCIATED BANC CORP COM 045487105 482 26,700 SH   SOLE   26,700 0 0
ASSURANT INC COM 04621X108 5,807 89,400 SH   SOLE   89,400 0 0
AUDIOCODES LTD ORD M15342104 549 75,773 SH   SOLE   75,773 0 0
AUTOZONE INC COM 053332102 1,031 1,920 SH   SOLE   1,920 0 0
AVNET INC COM 053807103 270 5,800 SH   SOLE   5,800 0 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 5,919 129,100 SH   SOLE   129,100 0 0
BAKER HUGHES INC COM 057224107 345 5,300 SH   SOLE   5,300 0 0
BALDWIN & LYONS INC CL B 057755209 447 16,987 SH   SOLE   16,987 0 0
BANC CALIF INC COM 05990K106 505 41,138 SH   SOLE   41,138 0 0
BANNER CORP COM NEW 06652V208 280 6,800 SH   SOLE   6,800 0 0
BARD C R INC COM 067383109 980 6,620 SH   SOLE   6,620 0 0
BECTON DICKINSON & CO COM 075887109 1,574 13,440 SH   SOLE   13,440 0 0
BERKLEY W R CORP COM 084423102 5,906 141,900 SH   SOLE   141,900 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 274 10,600 SH   SOLE   10,600 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 638 22,200 SH   SOLE   22,200 0 0
BLOCK H & R INC COM 093671105 242 8,000 SH   SOLE   8,000 0 0
BLOOMIN BRANDS INC COM 094235108 263 10,900 SH   SOLE   10,900 0 0
BLOUNT INTL INC NEW COM 095180105 345 29,000 SH   SOLE   29,000 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 630 43,600 SH   SOLE   43,600 0 0
BRINKER INTL INC COM 109641100 918 17,500 SH   SOLE   17,500 0 0
BROWN SHOE INC NEW COM 115736100 1,144 43,119 SH   SOLE   43,119 0 0
CAESARSTONE SDOT-YAM LTD ORD SHS M20598104 363 6,677 SH   SOLE   6,677 0 0
CAMDEN PPTY TR SH BEN INT 133131102 572 8,500 SH   SOLE   8,500 0 0
CAPITAL ONE FINL CORP COM 14040H105 988 12,800 SH   SOLE   12,800 0 0
CARDINAL HEALTH INC COM 14149Y108 1,316 18,800 SH   SOLE   18,800 0 0
CAVIUM INC COM 14964U108 223 5,100 SH   SOLE   5,100 0 0
CEDAR REALTY TRUST INC COM NEW 150602209 607 99,372 SH   SOLE   99,372 0 0
CELANESE CORP DEL COM SER A 150870103 344 6,200 SH   SOLE   6,200 0 0
CENTURYLINK INC COM 156700106 542 16,500 SH   SOLE   16,500 0 0
CHATHAM LODGING TR COM 16208T102 385 19,029 SH   SOLE   19,029 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 906 13,400 SH   SOLE   13,400 0 0
CHINA XD PLASTICS CO LTD COM 16948F107 296 56,586 SH   SOLE   56,586 0 0
CHRISTOPHER & BANKS CORP COM 171046105 115 17,400 SH   SOLE   17,400 0 0
CIGNA CORPORATION COM 125509109 2,947 35,200 SH   SOLE   35,200 0 0
CITI TRENDS INC COM 17306X102 852 52,300 SH   SOLE   52,300 0 0
CITIGROUP INC COM NEW 172967424 238 5,000 SH   SOLE   5,000 0 0
COCA COLA BOTTLING CO CONS COM 191098102 306 3,597 SH   SOLE   3,597 0 0
COHEN & STEERS INC COM 19247A100 255 6,400 SH   SOLE   6,400 0 0
COMPASS MINERALS INTL INC COM 20451N101 487 5,900 SH   SOLE   5,900 0 0
COMPUGEN LTD ORD M25722105 238 22,664 SH   SOLE   22,664 0 0
CONAGRA FOODS INC COM 205887102 1,111 35,800 SH   SOLE   35,800 0 0
CONNECTICUT WTR SVC INC COM 207797101 248 7,259 SH   SOLE   7,259 0 0
CONNS INC COM 208242107 260 6,700 SH   SOLE   6,700 0 0
CORCEPT THERAPEUTICS INC COM 218352102 105 24,100 SH   SOLE   24,100 0 0
CORESITE RLTY CORP COM 21870Q105 640 20,660 SH   SOLE   20,660 0 0
CORINTHIAN COLLEGES INC COM 218868107 79 57,000 SH   SOLE   57,000 0 0
CORPORATE EXECUTIVE BRD CO COM 21988R102 980 13,200 SH   SOLE   13,200 0 0
COVANCE INC COM 222816100 1,586 15,260 SH   SOLE   15,260 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 525 5,400 SH   SOLE   5,400 0 0
CRAWFORD & CO CL B 224633107 786 72,049 SH   SOLE   72,049 0 0
CROWN HOLDINGS INC COM 228368106 792 17,700 SH   SOLE   17,700 0 0
CUMBERLAND PHARMACEUTICALS I COM 230770109 57 12,706 SH   SOLE   12,706 0 0
CURTISS WRIGHT CORP COM 231561101 801 12,600 SH   SOLE   12,600 0 0
CVR ENERGY INC COM 12662P108 211 5,000 SH   SOLE   5,000 0 0
CYRUSONE INC COM 23283R100 306 14,700 SH   SOLE   14,700 0 0
CYS INVTS INC COM 12673A108 83 10,000 SH   SOLE   10,000 0 0
DECKERS OUTDOOR CORP COM 243537107 518 6,500 SH   SOLE   6,500 0 0
DEMANDWARE INC COM 24802Y105 346 5,400 SH   SOLE   5,400 0 0
DENNYS CORP COM 24869P104 675 105,000 SH   SOLE   105,000 0 0
DEXCOM INC COM 252131107 769 18,600 SH   SOLE   18,600 0 0
DIAMOND RESORTS INTL INC COM 25272T104 390 23,000 SH   SOLE   23,000 0 0
DILLARDS INC CL A 254067101 425 4,600 SH   SOLE   4,600 0 0
DINEEQUITY INC COM 254423106 812 10,400 SH   SOLE   10,400 0 0
DONALDSON INC COM 257651109 443 10,439 SH   SOLE   10,439 0 0
DONEGAL GROUP INC CL A 257701201 625 42,860 SH   SOLE   42,860 0 0
DOUGLAS DYNAMICS INC COM 25960R105 415 23,799 SH   SOLE   23,799 0 0
DUKE REALTY CORP COM NEW 264411505 204 12,100 SH   SOLE   12,100 0 0
DUPONT FABROS TECHNOLOGY INC COM 26613Q106 669 27,800 SH   SOLE   27,800 0 0
DYNEX CAP INC COM NEW 26817Q506 110 12,300 SH   SOLE   12,300 0 0
EASTMAN CHEM CO COM 277432100 457 5,300 SH   SOLE   5,300 0 0
ECHELON CORP COM 27874N105 86 30,939 SH   SOLE   30,939 0 0
ECHO GLOBAL LOGISTICS INC COM 27875T101 187 10,200 SH   SOLE   10,200 0 0
ELECTRONIC ARTS INC COM 285512109 1,131 39,000 SH   SOLE   39,000 0 0
ELLINGTON RESIDENTIAL MTG RE COM SHS BEN INT 288578107 636 37,567 SH   SOLE   37,567 0 0
EMC INS GROUP INC COM 268664109 754 21,221 SH   SOLE   21,221 0 0
EMPLOYERS HOLDINGS INC COM 292218104 4,606 227,685 SH   SOLE   227,685 0 0
ENERGIZER HLDGS INC COM 29266R108 252 2,500 SH   SOLE   2,500 0 0
ENERGY RECOVERY INC COM 29270J100 65 12,300 SH   SOLE   12,300 0 0
ENGILITY HLDGS INC COM 29285W104 248 5,500 SH   SOLE   5,500 0 0
ENSTAR GROUP LIMITED SHS G3075P101 1,031 7,560 SH   SOLE   7,560 0 0
ENTERGY CORP NEW COM 29364G103 1,611 24,100 SH   SOLE   24,100 0 0
EOG RES INC COM 26875P101 279 1,420 SH   SOLE   1,420 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 626 15,400 SH   SOLE   15,400 0 0
EVEREST RE GROUP LTD COM G3223R108 5,929 38,740 SH   SOLE   38,740 0 0
EVOLUTION PETROLEUM CORP COM 30049A107 337 26,461 SH   SOLE   26,461 0 0
EXCEL TR INC COM 30068C109 263 20,730 SH   SOLE   20,730 0 0
EXELIS INC COM 30162A108 455 23,944 SH   SOLE   23,944 0 0
EXTRA SPACE STORAGE INC COM 30225T102 344 7,100 SH   SOLE   7,100 0 0
FALCONSTOR SOFTWARE INC COM 306137100 111 70,191 SH   SOLE   70,191 0 0
FBL FINL GROUP INC CL A 30239F106 2,387 55,103 SH   SOLE   55,103 0 0
FEDERAL AGRIC MTG CORP CL C 313148306 604 18,165 SH   SOLE   18,165 0 0
FIDELITY & GTY LIFE COM 315785105 2,236 94,726 SH   SOLE   94,726 0 0
FIESTA RESTAURANT GROUP INC COM 31660B101 967 21,200 SH   SOLE   21,200 0 0
FIFTH THIRD BANCORP COM 316773100 211 9,200 SH   SOLE   9,200 0 0
FINANCIAL INSTNS INC COM 317585404 620 26,948 SH   SOLE   26,948 0 0
FIRST AMERN FINL CORP COM 31847R102 1,691 63,700 SH   SOLE   63,700 0 0
FIRST COMWLTH FINL CORP PA COM 319829107 388 42,900 SH   SOLE   42,900 0 0
FIRST DEFIANCE FINL CORP COM 32006W106 543 20,004 SH   SOLE   20,004 0 0
FIRST INTST BANCSYSTEM INC COM CL A 32055Y201 616 21,836 SH   SOLE   21,836 0 0
FIRST NBC BK HLDG CO COM 32115D106 282 8,099 SH   SOLE   8,099 0 0
FIRST NIAGARA FINL GP INC COM 33582V108 571 60,400 SH   SOLE   60,400 0 0
FLUOR CORP NEW COM 343412102 319 4,100 SH   SOLE   4,100 0 0
FRANKLIN STREET PPTYS CORP COM 35471R106 509 40,400 SH   SOLE   40,400 0 0
FREDS INC CL A 356108100 573 31,799 SH   SOLE   31,799 0 0
G-III APPAREL GROUP LTD COM 36237H101 1,070 14,950 SH   SOLE   14,950 0 0
GALLAGHER ARTHUR J & CO COM 363576109 1,513 31,800 SH   SOLE   31,800 0 0
GARTNER INC COM 366651107 604 8,703 SH   SOLE   8,703 0 0
GENTIVA HEALTH SERVICES INC COM 37247A102 177 19,440 SH   SOLE   19,440 0 0
GLOBAL BRASS & COPPR HLDGS I COM 37953G103 200 12,700 SH   SOLE   12,700 0 0
GLOBAL GEOPHYSICAL SVCS INC COM 37946S107 2 12,600 SH   SOLE   12,600 0 0
GLOBAL PMTS INC COM 37940X102 1,564 22,000 SH   SOLE   22,000 0 0
GNC HLDGS INC COM CL A 36191G107 964 21,900 SH   SOLE   21,900 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 345 13,200 SH   SOLE   13,200 0 0
GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 5,888 179,503 SH   SOLE   179,503 0 0
HALLMARK FINL SVCS INC EC COM NEW 40624Q203 298 35,907 SH   SOLE   35,907 0 0
HANESBRANDS INC COM 410345102 1,073 14,032 SH   SOLE   14,032 0 0
HARBINGER GROUP INC COM 41146A106 231 18,900 SH   SOLE   18,900 0 0
HARMAN INTL INDS INC COM 413086109 489 4,600 SH   SOLE   4,600 0 0
HARRIS CORP DEL COM 413875105 263 3,600 SH   SOLE   3,600 0 0
HARSCO CORP COM 415864107 506 21,600 SH   SOLE   21,600 0 0
HAVERTY FURNITURE INC COM 419596101 746 25,113 SH   SOLE   25,113 0 0
HCC INS HLDGS INC COM 404132102 3,021 66,400 SH   SOLE   66,400 0 0
HCP INC COM 40414L109 446 11,500 SH   SOLE   11,500 0 0
HEALTH NET INC COM 42222G108 5,664 166,532 SH   SOLE   166,532 0 0
HELMERICH & PAYNE INC COM 423452101 473 4,400 SH   SOLE   4,400 0 0
HERSHA HOSPITALITY TR SH BEN INT A 427825104 284 48,792 SH   SOLE   48,792 0 0
HILL INTERNATIONAL INC COM 431466101 114 20,746 SH   SOLE   20,746 0 0
HILL ROM HLDGS INC COM 431475102 439 11,400 SH   SOLE   11,400 0 0
HNI CORP COM 404251100 227 6,200 SH   SOLE   6,200 0 0
HOLOGIC INC COM 436440101 802 37,300 SH   SOLE   37,300 0 0
HOME PROPERTIES INC COM 437306103 547 9,100 SH   SOLE   9,100 0 0
HOMESTREET INC COM 43785V102 566 28,937 SH   SOLE   28,937 0 0
HORIZON BANCORP IND COM 440407104 281 12,602 SH   SOLE   12,602 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 480 16,700 SH   SOLE   16,700 0 0
HOST HOTELS & RESORTS INC COM 44107P104 391 19,300 SH   SOLE   19,300 0 0
HOUSTON WIRE & CABLE CO COM 44244K109 298 22,660 SH   SOLE   22,660 0 0
HUNTINGTON BANCSHARES INC COM 446150104 169 17,000 SH   SOLE   17,000 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 1,534 15,000 SH   SOLE   15,000 0 0
HYATT HOTELS CORP COM CL A 448579102 291 5,400 SH   SOLE   5,400 0 0
ICONIX BRAND GROUP INC COM 451055107 1,013 25,800 SH   SOLE   25,800 0 0
IMATION CORP COM 45245A107 130 22,500 SH   SOLE   22,500 0 0
INFORMATICA CORP COM 45666Q102 499 13,200 SH   SOLE   13,200 0 0
INGRAM MICRO INC CL A 457153104 1,622 54,863 SH   SOLE   54,863 0 0
INGREDION INC COM 457187102 415 6,100 SH   SOLE   6,100 0 0
INNERWORKINGS INC COM 45773Y105 81 10,600 SH   SOLE   10,600 0 0
INTERDIGITAL INC COM 45867G101 278 8,400 SH   SOLE   8,400 0 0
INTERNATIONAL BANCSHARES COR COM 459044103 466 18,600 SH   SOLE   18,600 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 1,531 16,000 SH   SOLE   16,000 0 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 224 15,900 SH   SOLE   15,900 0 0
INTERSECTIONS INC COM 460981301 261 44,174 SH   SOLE   44,174 0 0
INTUIT COM 461202103 1,508 19,400 SH   SOLE   19,400 0 0
ION GEOPHYSICAL CORP COM 462044108 57 13,500 SH   SOLE   13,500 0 0
ITT CORP NEW COM NEW 450911201 299 7,000 SH   SOLE   7,000 0 0
JETBLUE AIRWAYS CORP COM 477143101 231 26,611 SH   SOLE   26,611 0 0
JOS A BANK CLOTHIERS INC COM 480838101 617 9,600 SH   SOLE   9,600 0 0
KAPSTONE PAPER & PACKAGING C COM 48562P103 704 24,400 SH   SOLE   24,400 0 0
KBR INC COM 48242W106 462 17,300 SH   SOLE   17,300 0 0
KEYCORP NEW COM 493267108 437 30,700 SH   SOLE   30,700 0 0
KLA-TENCOR CORP COM 482480100 1,397 20,200 SH   SOLE   20,200 0 0
KMG CHEMICALS INC COM 482564101 184 11,766 SH   SOLE   11,766 0 0
KNOLL INC COM NEW 498904200 462 25,372 SH   SOLE   25,372 0 0
KROGER CO COM 501044101 533 12,200 SH   SOLE   12,200 0 0
L BRANDS INC COM 501797104 272 4,800 SH   SOLE   4,800 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 553 4,680 SH   SOLE   4,680 0 0
LATTICE SEMICONDUCTOR CORP COM 518415104 249 31,800 SH   SOLE   31,800 0 0
LEAR CORP COM NEW 521865204 1,582 18,898 SH   SOLE   18,898 0 0
LEXMARK INTL NEW CL A 529771107 1,458 31,500 SH   SOLE   31,500 0 0
LIFEPOINT HOSPITALS INC COM 53219L109 322 5,900 SH   SOLE   5,900 0 0
LIHUA INTL INC COM 532352101 88 17,911 SH   SOLE   17,911 0 0
LINCOLN NATL CORP IND COM 534187109 1,920 37,900 SH   SOLE   37,900 0 0
LINEAR TECHNOLOGY CORP COM 535678106 331 6,800 SH   SOLE   6,800 0 0
LITHIA MTRS INC CL A 536797103 844 12,700 SH   SOLE   12,700 0 0
LUMBER LIQUIDATORS HLDGS INC COM 55003T107 206 2,200 SH   SOLE   2,200 0 0
MACYS INC COM 55616P104 646 10,900 SH   SOLE   10,900 0 0
MAGELLAN HEALTH SVCS INC COM NEW 559079207 516 8,701 SH   SOLE   8,701 0 0
MAGIC SOFTWARE ENTERPRISES L ORD 559166103 184 22,825 SH   SOLE   22,825 0 0
MAINSOURCE FINANCIAL GP INC COM 56062Y102 599 35,022 SH   SOLE   35,022 0 0
MANNING & NAPIER INC CL A 56382Q102 260 15,489 SH   SOLE   15,489 0 0
MANPOWERGROUP INC COM 56418H100 796 10,100 SH   SOLE   10,100 0 0
MARATHON OIL CORP COM 565849106 693 19,500 SH   SOLE   19,500 0 0
MARATHON PETE CORP COM 56585A102 409 4,700 SH   SOLE   4,700 0 0
MATSON INC COM 57686G105 281 11,400 SH   SOLE   11,400 0 0
MBIA INC COM 55262C100 2,640 188,700 SH   SOLE   188,700 0 0
MEADOWBROOK INS GROUP INC COM 58319P108 2,791 478,803 SH   SOLE   478,803 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 161 12,600 SH   SOLE   12,600 0 0
MEDLEY CAP CORP COM 58503F106 332 24,400 SH   SOLE   24,400 0 0
MEDTRONIC INC COM 585055106 578 9,400 SH   SOLE   9,400 0 0
MERCANTILE BANK CORP COM 587376104 398 19,309 SH   SOLE   19,309 0 0
MERGE HEALTHCARE INC COM 589499102 94 38,675 SH   SOLE   38,675 0 0
MICRON TECHNOLOGY INC COM 595112103 1,233 52,100 SH   SOLE   52,100 0 0
MODUSLINK GLOBAL SOLUTIONS I COM 60786L107 51 11,966 SH   SOLE   11,966 0 0
MOLSON COORS BREWING CO CL B 60871R209 1,012 17,200 SH   SOLE   17,200 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 559 58,563 SH   SOLE   58,563 0 0
MORGANS HOTEL GROUP CO COM 61748W108 165 20,465 SH   SOLE   20,465 0 0
MOVADO GROUP INC COM 624580106 431 9,452 SH   SOLE   9,452 0 0
MURPHY OIL CORP COM 626717102 1,666 26,500 SH   SOLE   26,500 0 0
NATIONAL FUEL GAS CO N J COM 636180101 700 10,000 SH   SOLE   10,000 0 0
NATIONAL OILWELL VARCO INC COM 637071101 1,160 14,900 SH   SOLE   14,900 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 625 18,200 SH   SOLE   18,200 0 0
NATIONAL WESTN LIFE INS CO CL A 638522102 2,511 10,270 SH   SOLE   10,270 0 0
NATIONSTAR MTG HLDGS INC COM 63861C109 512 15,782 SH   SOLE   15,782 0 0
NAVIGATORS GROUP INC COM 638904102 5,136 83,655 SH   SOLE   83,655 0 0
NETAPP INC COM 64110D104 1,539 41,700 SH   SOLE   41,700 0 0
NEUSTAR INC CL A 64126X201 341 10,500 SH   SOLE   10,500 0 0
NEW YORK MTG TR INC COM PAR $.02 649604501 124 15,900 SH   SOLE   15,900 0 0
NICE SYS LTD SPONSORED ADR 653656108 549 12,300 SH   SOLE   12,300 0 0
NORTH EUROPEAN OIL RTY TR SH BEN INT 659310106 216 9,278 SH   SOLE   9,278 0 0
NORTHROP GRUMMAN CORP COM 666807102 1,357 11,000 SH   SOLE   11,000 0 0
NRG ENERGY INC COM NEW 629377508 967 30,400 SH   SOLE   30,400 0 0
NU SKIN ENTERPRISES INC CL A 67018T105 681 8,220 SH   SOLE   8,220 0 0
NUTRI SYS INC NEW COM 67069D108 937 62,200 SH   SOLE   62,200 0 0
NVR INC COM 62944T105 963 840 SH   SOLE   840 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 861 5,800 SH   SOLE   5,800 0 0
OCWEN FINL CORP COM NEW 675746309 549 14,000 SH   SOLE   14,000 0 0
OIL STS INTL INC COM 678026105 505 5,120 SH   SOLE   5,120 0 0
OLD NATL BANCORP IND COM 680033107 464 31,100 SH   SOLE   31,100 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 593 17,700 SH   SOLE   17,700 0 0
ONE LIBERTY PPTYS INC COM 682406103 592 27,756 SH   SOLE   27,756 0 0
ONEBEACON INSURANCE GROUP LT CL A G67742109 2,484 160,669 SH   SOLE   160,669 0 0
ORBITZ WORLDWIDE INC COM 68557K109 102 12,974 SH   SOLE   12,974 0 0
ORBOTECH LTD ORD M75253100 943 61,300 SH   SOLE   61,300 0 0
OUTERWALL INC COM 690070107 1,058 14,600 SH   SOLE   14,600 0 0
OVERSTOCK COM INC DEL COM 690370101 411 20,880 SH   SOLE   20,880 0 0
PACIFIC CONTINENTAL CORP COM 69412V108 549 39,919 SH   SOLE   39,919 0 0
PALL CORP COM 696429307 224 2,500 SH   SOLE   2,500 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 394 9,039 SH   SOLE   9,039 0 0
PAREXEL INTL CORP COM 699462107 1,536 28,400 SH   SOLE   28,400 0 0
PARKER HANNIFIN CORP COM 701094104 910 7,600 SH   SOLE   7,600 0 0
PARTNERRE LTD COM G6852T105 6,042 58,380 SH   SOLE   58,380 0 0
PATTERSON UTI ENERGY INC COM 703481101 282 8,900 SH   SOLE   8,900 0 0
PDF SOLUTIONS INC COM 693282105 273 15,000 SH   SOLE   15,000 0 0
PENN NATL GAMING INC COM 707569109 269 21,800 SH   SOLE   21,800 0 0
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 462 25,600 SH   SOLE   25,600 0 0
PENNYMAC FINL SVCS INC CL A 70932B101 203 12,207 SH   SOLE   12,207 0 0
PERION NETWORK LTD SHS M78673106 748 67,712 SH   SOLE   67,712 0 0
PETROQUEST ENERGY INC COM 716748108 175 30,639 SH   SOLE   30,639 0 0
PETSMART INC COM 716768106 627 9,100 SH   SOLE   9,100 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 1,087 51,958 SH   SOLE   51,958 0 0
PITNEY BOWES INC COM 724479100 309 11,900 SH   SOLE   11,900 0 0
POLYCOM INC COM 73172K104 406 29,600 SH   SOLE   29,600 0 0
POLYONE CORP COM 73179P106 202 5,500 SH   SOLE   5,500 0 0
PRECISION CASTPARTS CORP COM 740189105 415 1,640 SH   SOLE   1,640 0 0
PROASSURANCE CORP COM 74267C106 2,226 49,996 SH   SOLE   49,996 0 0
PROSPECT CAPITAL CORPORATION COM 74348T102 1,095 101,400 SH   SOLE   101,400 0 0
PRUDENTIAL FINL INC COM 744320102 2,413 28,500 SH   SOLE   28,500 0 0
PS BUSINESS PKS INC CALIF COM 69360J107 714 8,534 SH   SOLE   8,534 0 0
QUAD / GRAPHICS INC COM CL A 747301109 249 10,600 SH   SOLE   10,600 0 0
QUALITY SYS INC COM 747582104 201 11,900 SH   SOLE   11,900 0 0
REALNETWORKS INC COM NEW 75605L708 84 11,109 SH   SOLE   11,109 0 0
RED HAT INC COM 756577102 334 6,300 SH   SOLE   6,300 0 0
RED ROBIN GOURMET BURGERS IN COM 75689M101 615 8,583 SH   SOLE   8,583 0 0
REDWOOD TR INC COM 758075402 703 34,654 SH   SOLE   34,654 0 0
REGIONS FINL CORP NEW COM 7591EP100 631 56,800 SH   SOLE   56,800 0 0
RELIANCE STEEL & ALUMINUM CO COM 759509102 254 3,600 SH   SOLE   3,600 0 0
RICHARDSON ELECTRS LTD COM 763165107 128 11,862 SH   SOLE   11,862 0 0
RITE AID CORP COM 767754104 1,072 171,000 SH   SOLE   171,000 0 0
RLJ LODGING TR COM 74965L101 316 11,809 SH   SOLE   11,809 0 0
ROUNDYS INC COM 779268101 772 112,152 SH   SOLE   112,152 0 0
RPX CORP COM 74972G103 308 18,900 SH   SOLE   18,900 0 0
RUTHS HOSPITALITY GROUP INC COM 783332109 712 58,900 SH   SOLE   58,900 0 0
SAFEWAY INC COM NEW 786514208 1,042 28,200 SH   SOLE   28,200 0 0
SAGENT PHARMACEUTICALS INC COM 786692103 315 13,497 SH   SOLE   13,497 0 0
SALIX PHARMACEUTICALS INC COM 795435106 1,129 10,900 SH   SOLE   10,900 0 0
SALLY BEAUTY HLDGS INC COM 79546E104 822 30,000 SH   SOLE   30,000 0 0
SCICLONE PHARMACEUTICALS INC COM 80862K104 132 29,068 SH   SOLE   29,068 0 0
SECURITY NATL FINL CORP CL A NEW 814785309 112 27,544 SH   SOLE   27,544 0 0
SELECT INCOME REIT COM SH BEN INT 81618T100 457 15,100 SH   SOLE   15,100 0 0
SELECTIVE INS GROUP INC COM 816300107 865 37,101 SH   SOLE   37,101 0 0
SIGMA DESIGNS INC COM 826565103 136 28,597 SH   SOLE   28,597 0 0
SILICOM LTD ORD M84116108 631 10,171 SH   SOLE   10,171 0 0
SILICON IMAGE INC COM 82705T102 327 47,352 SH   SOLE   47,352 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 270 7,200 SH   SOLE   7,200 0 0
SM ENERGY CO COM 78454L100 456 6,400 SH   SOLE   6,400 0 0
SMITH A O COM 831865209 736 16,000 SH   SOLE   16,000 0 0
SOHU COM INC COM 83408W103 657 10,100 SH   SOLE   10,100 0 0
SONIC CORP COM 835451105 1,217 53,400 SH   SOLE   53,400 0 0
SONOCO PRODS CO COM 835495102 677 16,500 SH   SOLE   16,500 0 0
SONUS NETWORKS INC COM 835916107 226 67,100 SH   SOLE   67,100 0 0
SOUTHWEST AIRLS CO COM 844741108 1,327 56,200 SH   SOLE   56,200 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 1,051 37,300 SH   SOLE   37,300 0 0
SPLUNK INC COM 848637104 515 7,200 SH   SOLE   7,200 0 0
STAAR SURGICAL CO COM PAR $0.01 852312305 258 13,700 SH   SOLE   13,700 0 0
STATE STR CORP COM 857477103 1,155 16,600 SH   SOLE   16,600 0 0
STEWART INFORMATION SVCS COR COM 860372101 1,423 40,512 SH   SOLE   40,512 0 0
STONEGATE MTG CORP COM 86181Q300 384 25,837 SH   SOLE   25,837 0 0
STRATASYS LTD SHS M85548101 516 4,860 SH   SOLE   4,860 0 0
STRATEGIC HOTELS & RESORTS I COM 86272T106 614 60,300 SH   SOLE   60,300 0 0
SUCAMPO PHARMACEUTICALS INC CL A 864909106 177 24,807 SH   SOLE   24,807 0 0
SUNTRUST BKS INC COM 867914103 545 13,700 SH   SOLE   13,700 0 0
SUSQUEHANNA BANCSHARES INC P COM 869099101 557 49,000 SH   SOLE   49,000 0 0
SYMANTEC CORP COM 871503108 216 10,800 SH   SOLE   10,800 0 0
SYNOPSYS INC COM 871607107 1,333 34,700 SH   SOLE   34,700 0 0
SYPRIS SOLUTIONS INC COM 871655106 48 17,347 SH   SOLE   17,347 0 0
TARO PHARMACEUTICAL INDS LTD SHS M8737E108 484 4,361 SH   SOLE   4,361 0 0
TENNECO INC COM 880349105 1,190 20,500 SH   SOLE   20,500 0 0
TERRITORIAL BANCORP INC COM 88145X108 532 24,640 SH   SOLE   24,640 0 0
TESLA MTRS INC COM 88160R101 213 1,020 SH   SOLE   1,020 0 0
TEXTRON INC COM 883203101 361 9,200 SH   SOLE   9,200 0 0
THERAPEUTICSMD INC COM 88338N107 109 17,281 SH   SOLE   17,281 0 0
TIDEWATER INC COM 886423102 335 6,900 SH   SOLE   6,900 0 0
TORO CO COM 891092108 1,377 21,797 SH   SOLE   21,797 0 0
TRAVELCENTERS OF AMERICA LLC COM 894174101 326 40,047 SH   SOLE   40,047 0 0
TRAVELERS COMPANIES INC COM 89417E109 5,923 69,600 SH   SOLE   69,600 0 0
TRINITY INDS INC COM 896522109 922 12,800 SH   SOLE   12,800 0 0
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 1,086 13,300 SH   SOLE   13,300 0 0
TTM TECHNOLOGIES INC COM 87305R109 313 37,100 SH   SOLE   37,100 0 0
TUPPERWARE BRANDS CORP COM 899896104 712 8,500 SH   SOLE   8,500 0 0
TYSON FOODS INC CL A 902494103 1,743 39,600 SH   SOLE   39,600 0 0
UMPQUA HLDGS CORP COM 904214103 563 30,200 SH   SOLE   30,200 0 0
UNIT CORP COM 909218109 1,646 25,173 SH   SOLE   25,173 0 0
UNITED FIRE GROUP INC COM 910340108 3,176 104,637 SH   SOLE   104,637 0 0
UNITED ONLINE INC COM NEW 911268209 128 11,100 SH   SOLE   11,100 0 0
UNIVERSAL AMERN CORP NEW COM 91338E101 88 12,400 SH   SOLE   12,400 0 0
UNUM GROUP COM 91529Y106 5,847 165,600 SH   SOLE   165,600 0 0
URS CORP NEW COM 903236107 249 5,300 SH   SOLE   5,300 0 0
VALERO ENERGY CORP NEW COM 91913Y100 1,692 31,869 SH   SOLE   31,869 0 0
VALIDUS HOLDINGS LTD COM SHS G9319H102 5,870 155,654 SH   SOLE   155,654 0 0
VALMONT INDS INC COM 920253101 783 5,260 SH   SOLE   5,260 0 0
VALUEVISION MEDIA INC CL A 92047K107 480 98,747 SH   SOLE   98,747 0 0
VECTREN CORP COM 92240G101 1,007 25,566 SH   SOLE   25,566 0 0
VERINT SYS INC COM 92343X100 474 10,100 SH   SOLE   10,100 0 0
VILLAGE SUPER MKT INC CL A NEW 927107409 274 10,370 SH   SOLE   10,370 0 0
VMWARE INC CL A COM 928563402 1,136 10,520 SH   SOLE   10,520 0 0
VONAGE HLDGS CORP COM 92886T201 147 34,515 SH   SOLE   34,515 0 0
WABASH NATL CORP COM 929566107 146 10,600 SH   SOLE   10,600 0 0
WABCO HLDGS INC COM 92927K102 433 4,100 SH   SOLE   4,100 0 0
WADDELL & REED FINL INC CL A 930059100 1,553 21,100 SH   SOLE   21,100 0 0
WARREN RES INC COM 93564A100 121 25,301 SH   SOLE   25,301 0 0
WASHINGTON BKG CO OAK HBR WA COM 937303105 411 23,137 SH   SOLE   23,137 0 0
WASHINGTON FED INC COM 938824109 496 21,300 SH   SOLE   21,300 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 1,137 17,900 SH   SOLE   17,900 0 0
WENDYS CO COM 95058W100 1,017 111,500 SH   SOLE   111,500 0 0
WESCO INTL INC COM 95082P105 657 7,900 SH   SOLE   7,900 0 0
WEST CORP COM 952355204 214 8,957 SH   SOLE   8,957 0 0
WESTERN DIGITAL CORP COM 958102105 1,616 17,600 SH   SOLE   17,600 0 0
WESTERN UN CO COM 959802109 383 23,400 SH   SOLE   23,400 0 0
WESTMORELAND COAL CO COM 960878106 214 7,200 SH   SOLE   7,200 0 0
WESTWOOD HLDGS GROUP INC COM 961765104 319 5,089 SH   SOLE   5,089 0 0
WET SEAL INC CL A 961840105 24 18,200 SH   SOLE   18,200 0 0
WHIRLPOOL CORP COM 963320106 1,013 6,780 SH   SOLE   6,780 0 0
WHITING PETE CORP NEW COM 966387102 472 6,800 SH   SOLE   6,800 0 0
WOLVERINE WORLD WIDE INC COM 978097103 1,142 40,000 SH   SOLE   40,000 0 0
XILINX INC COM 983919101 1,465 27,000 SH   SOLE   27,000 0 0
XL GROUP PLC SHS G98290102 5,991 191,724 SH   SOLE   191,724 0 0
YONGYE INTL INC COM 98607B106 284 41,763 SH   SOLE   41,763 0 0
ZAGG INC COM 98884U108 160 34,524 SH   SOLE   34,524 0 0
ZALE CORP NEW COM 988858106 970 46,400 SH   SOLE   46,400 0 0