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 Corporation COM 336901103 2 79 SH   SOLE   79 0 0
A.O. Smith Corp. COM 831865209 176 2,700 SH   SOLE   2,700 0 0
ACE Limited COM H0023R105 8,303 80,300 SH   SOLE   23,900 0 56,400
AFLAC Inc. COM 001055102 7,057 121,400 SH   SOLE   33,600 0 87,800
AVX Corporation COM 002444107 3 196 SH   SOLE   196 0 0
Acco Brands Corporation COM 00081T108 2 300 SH   SOLE   300 0 0
Activision Blizzard, Inc. COM 00507V109 1,087 35,200 SH   SOLE   24,400 0 10,800
Adams Resources & Energy COM 006351308 3 61 SH   SOLE   61 0 0
Alaska Air Group Inc COM 011659109 802 10,100 SH   SOLE   2,400 0 7,700
Alexanders Inc. COM 014752109 3 7 SH   SOLE   7 0 0
Alliant Energy Corp. COM 018802108 1,386 23,700 SH   SOLE   3,200 0 20,500
Allstate Corporation COM 020002101 623 10,700 SH   SOLE   800 0 9,900
Ally Financial Inc. COM 02005N100 416 20,400 SH   SOLE   6,300 0 14,100
Altisource Portfolio Solutions COM 044540827 2 77 SH   SOLE   77 0 0
Amcon Distributing Co COM 02341Q205 2 25 SH   SOLE   25 0 0
Amdocs Limited COM G02602103 5,540 97,400 SH   SOLE   22,500 0 74,900
Amerco COM 023586100 3,108 7,900 SH   SOLE   1,500 0 6,400
American Assets Trust, Inc. COM 024013104 686 16,800 SH   SOLE   0 0 16,800
American Axle & Manufacturing COM 024061103 2 122 SH   SOLE   122 0 0
American Financial Group COM 025932104 4,893 71,000 SH   SOLE   16,000 0 55,000
American Water Works COM 030420103 1,239 22,500 SH   SOLE   2,400 0 20,100
American Woodmark Corp. COM 030506109 1,122 17,300 SH   SOLE   5,900 0 11,400
Annaly Capital Mgmt. COM 035710409 4,619 468,000 SH   SOLE   132,300 0 335,700
Arch Capital Group Ltd. COM G0450A105 9,250 125,900 SH   SOLE   43,500 0 82,400
Arrow Electronics Inc COM 042735100 6,053 109,500 SH   SOLE   38,300 0 71,200
Assured Guaranty Ltd COM G0585R106 2,995 119,800 SH   SOLE   30,600 0 89,200
Atrion Corporation COM 049904105 375 1,000 SH   SOLE   300 0 700
Atwood Oceanics Inc COM 050095108 144 9,700 SH   SOLE   9,700 0 0
AutoNation Inc. COM 05329W102 634 10,900 SH   SOLE   10,900 0 0
Autobytel Inc. COM 05275N205 2 100 SH   SOLE   100 0 0
Avnet Inc COM 053807103 12,027 281,800 SH   SOLE   76,500 0 205,300
Aware Inc. COM 05453N100 2 651 SH   SOLE   651 0 0
Axis Capital Holdings Ltd COM G0692U109 1,058 19,700 SH   SOLE   0 0 19,700
BB&T Corp COM 054937107 2,325 65,300 SH   SOLE   800 0 64,500
BOK Financial Corp. COM 05561Q201 1,158 17,900 SH   SOLE   9,600 0 8,300
Baldwin & Lyons cl B COM 057755209 2 100 SH   SOLE   100 0 0
BancFirst Corp OK COM 05945F103 3 53 SH   SOLE   53 0 0
Bar Harbor Bankshares COM 066849100 3 91 SH   SOLE   91 0 0
Beasley Broadcast Group Inc. COM 074014101 1 300 SH   SOLE   300 0 0
Benchmark Electronics, Inc. COM 08160H101 1 41 SH   SOLE   41 0 0
Beneficial Bancorp, Inc. COM 08171T102 240 18,100 SH   SOLE   0 0 18,100
Biospecifics Tech Corp COM 090931106 1 27 SH   SOLE   27 0 0
Booz Allen Hamilton cl A COM 099502106 1,594 60,800 SH   SOLE   26,000 0 34,800
Boston Properties, Inc. COM 101121101 1,965 16,600 SH   SOLE   4,400 0 12,200
Breeze-Eastern Corp COM 106764103 2 159 SH   SOLE   159 0 0
Brown-Forman cl B COM 115637209 3,430 35,400 SH   SOLE   15,800 0 19,600
Brunswick Corporation COM 117043109 3,491 72,900 SH   SOLE   14,200 0 58,700
Buckle Inc. COM 118440106 3 69 SH   SOLE   69 0 0
CA, Inc. COM 12673P105 11,785 431,700 SH   SOLE   130,800 0 300,900
CACI International, Inc. COM 127190304 4 371 SH   SOLE   371 0 0
CBRE Group Inc. COM 12504L109 1,034 32,300 SH   SOLE   7,600 0 24,700
CDW Corporation COM 12514G108 821 20,100 SH   SOLE   5,300 0 14,800
CNA Financial Corporation COM 126117100 3,413 97,700 SH   SOLE   23,800 0 73,900
CNB Financial Corp PA COM 126128107 2 100 SH   SOLE   100 0 0
CSS Industries Inc. COM 125906107 2 62 SH   SOLE   62 0 0
Cal-Maine Foods Inc. COM 128030202 8,749 160,200 SH   SOLE   49,000 0 111,200
Camden National Corp COM 133034108 2 53 SH   SOLE   53 0 0
Campbell Soup Company COM 134429109 1,024 20,200 SH   SOLE   2,600 0 17,600
Cardinal Health Inc. COM 14149Y108 230 3,000 SH   SOLE   2,300 0 700
Celanese Corp. COM 150870103 3,331 56,300 SH   SOLE   12,300 0 44,000
Central Pacific Financial Corp COM 154760102 2 117 SH   SOLE   117 0 0
Century Bancorp cl A COM 156432106 4 100 SH   SOLE   100 0 0
Chase Corporation COM 16150R104 2 57 SH   SOLE   57 0 0
Chevron Corp COM 166764100 8,416 106,700 SH   SOLE   32,500 0 74,200
Citizens & Northern Corp COM 172922106 2 100 SH   SOLE   100 0 0
Colony Financial, Inc. COM 19624R106 1,005 51,400 SH   SOLE   11,100 0 40,300
Community Health Systems COM 203668108 197 4,600 SH   SOLE   0 0 4,600
Community Trust Bancorp COM 204149108 4 100 SH   SOLE   100 0 0
Consumer Portfolio Services COM 210502100 3 550 SH   SOLE   550 0 0
Cooper-Standard Holdings Inc. COM 21676P103 2 27 SH   SOLE   27 0 0
Corrections Corp of America COM 22025Y407 109 3,700 SH   SOLE   3,700 0 0
Crawford & Co cl A COM 224633206 3 500 SH   SOLE   500 0 0
Crown Holdings, Inc. COM 228368106 2,068 45,200 SH   SOLE   9,900 0 35,300
Crown Media Holdings Inc. COM 228411104 2 400 SH   SOLE   400 0 0
CubeSmart COM 229663109 2,163 79,500 SH   SOLE   17,500 0 62,000
Culp Inc. COM 230215105 2 50 SH   SOLE   50 0 0
DST Systems Inc. COM 233326107 8,422 80,100 SH   SOLE   24,300 0 55,800
DTE Energy Company COM 233331107 4,444 55,300 SH   SOLE   7,700 0 47,600
Delta Air Lines, Inc. COM 247361702 7,543 168,100 SH   SOLE   50,300 0 117,800
Dillards Inc cl A COM 254067101 489 5,600 SH   SOLE   3,400 0 2,200
Discovery Communications A COM 25470F104 104 4,000 SH   SOLE   4,000 0 0
Donegal Group Inc. cl A COM 257701201 2 135 SH   SOLE   135 0 0
Dorian LPG Ltd. COM Y2106R110 185 17,900 SH   SOLE   0 0 17,900
Dynex Capital Inc. COM 26817Q506 2 239 SH   SOLE   239 0 0
EMC Insurance Group COM 268664109 3 150 SH   SOLE   150 0 0
EP Energy Corporation Cl A COM 268785102 474 92,000 SH   SOLE   24,000 0 68,000
Edison International COM 281020107 568 9,000 SH   SOLE   1,900 0 7,100
Education Realty Trust Inc. COM 28140H203 1,035 31,400 SH   SOLE   4,100 0 27,300
Electro Rent Corp COM 285218103 3 292 SH   SOLE   292 0 0
Emergent Biosolutions, Inc. COM 29089Q105 493 17,300 SH   SOLE   6,100 0 11,200
Employers Holdings, Inc. COM 292218104 3 136 SH   SOLE   136 0 0
Enstar Group Limited COM G3075P101 2 10 SH   SOLE   10 0 0
Entercom Communications COM 293639100 1 100 SH   SOLE   100 0 0
Enterprise Financial Services COM 293712105 3 100 SH   SOLE   100 0 0
Essendant Inc. COM 296689102 3 80 SH   SOLE   80 0 0
EverBank Financial Corp. COM 29977G102 2 100 SH   SOLE   100 0 0
Everest Re Group Ltd COM G3223R108 13,763 79,400 SH   SOLE   23,600 0 55,800
Exactech Inc. COM 30064E109 2 100 SH   SOLE   100 0 0
Exxon Mobil Corporation COM 30231G102 14,350 193,000 SH   SOLE   57,100 0 135,900
FBL Financial Group cl A COM 30239F106 1 16 SH   SOLE   16 0 0
FBR & Co. COM 30247C400 2 100 SH   SOLE   100 0 0
Fabrinet COM G3323L100 2 100 SH   SOLE   100 0 0
Fidelity Southern Corp COM 316394105 1 68 SH   SOLE   68 0 0
Fifth Third Bancorp COM 316773100 5,232 276,700 SH   SOLE   102,300 0 174,400
First Citizens Bancshares cl A COM 31946M103 3 12 SH   SOLE   12 0 0
First Community Bancshares Inc COM 31983A103 2 119 SH   SOLE   119 0 0
First Financial Corp (IN) COM 320218100 3 100 SH   SOLE   100 0 0
First Interstate BancSystem A COM 32055Y201 3 111 SH   SOLE   111 0 0
Flexsteel Industries Inc. COM 339382103 3 105 SH   SOLE   105 0 0
Flushing Financial Corp COM 343873105 2 108 SH   SOLE   108 0 0
Ford Motor Company COM 345370860 1,128 83,100 SH   SOLE   74,400 0 8,700
Franklin Resources, Inc. COM 354613101 5,302 142,300 SH   SOLE   22,700 0 119,600
Fresh Del Monte Produce COM G36738105 2 42 SH   SOLE   42 0 0
FutureFuel Corp COM 36116M106 4 417 SH   SOLE   417 0 0
GAMCO Investors, Inc. COM 361438104 2 38 SH   SOLE   38 0 0
Gap Inc. COM 364760108 2,856 100,200 SH   SOLE   32,800 0 67,400
General Electric Co COM 369604103 1,264 50,100 SH   SOLE   14,700 0 35,400
General Growth Properties COM 370023103 2,916 112,300 SH   SOLE   45,500 0 66,800
German American Bancorp COM 373865104 2 73 SH   SOLE   73 0 0
Global Sources Ltd. COM G39300101 3 313 SH   SOLE   313 0 0
Goldman Sachs Group Inc COM 38141G104 35 200 SH   SOLE   200 0 0
Goodyear Tire & Rubber COM 382550101 4,285 146,100 SH   SOLE   19,400 0 126,700
Great Southern Bancorp COM 390905107 5 116 SH   SOLE   116 0 0
Greenbrier Companies COM 393657101 697 21,700 SH   SOLE   6,500 0 15,200
Hallador Energy Company COM 406092304 2 331 SH   SOLE   331 0 0
Handy & Harman Ltd. COM 410315105 2 84 SH   SOLE   84 0 0
Harris Corporation COM 413875105 3,087 42,200 SH   SOLE   3,600 0 38,600
Hawaiian Telcom Holdco, Inc. COM 420031106 4 188 SH   SOLE   188 0 0
Heartland Financial USA COM 42234Q102 1 14 SH   SOLE   14 0 0
Henry Schein Inc. COM 806407102 2,561 19,300 SH   SOLE   6,500 0 12,800
Hilltop Holdings Inc. COM 432748101 2 100 SH   SOLE   100 0 0
Hingham Institution for Saving COM 433323102 2 18 SH   SOLE   18 0 0
HollyFrontier Corporation COM 436106108 2,056 42,100 SH   SOLE   12,500 0 29,600
Homestreet Inc COM 43785V102 1 31 SH   SOLE   31 0 0
Hormel Foods Corp COM 440452100 6,812 107,600 SH   SOLE   26,900 0 80,700
Hudson Pacific Properties, Inc COM 444097109 2,033 70,600 SH   SOLE   18,800 0 51,800
Huntington Ingalls Industries COM 446413106 86 800 SH   SOLE   0 0 800
Hyster-Yale Materials Handling COM 449172105 2 40 SH   SOLE   40 0 0
IBM Corp COM 459200101 8,597 59,300 SH   SOLE   18,100 0 41,200
ICU Medical, Inc. COM 44930G107 3,099 28,300 SH   SOLE   7,700 0 20,600
IDT Corp Class B COM 448947507 3 188 SH   SOLE   188 0 0
Illinois Tool Works Inc. COM 452308109 6,906 83,900 SH   SOLE   26,400 0 57,500
Independence Holding Co. COM 453440307 2 160 SH   SOLE   160 0 0
Ingles Markets cl A COM 457030104 1 22 SH   SOLE   22 0 0
Ingram Micro Inc. COM 457153104 1,602 58,800 SH   SOLE   14,100 0 44,700
Ingredion Incorporated COM 457187102 1,851 21,200 SH   SOLE   3,900 0 17,300
International Bancshares COM 459044103 3 116 SH   SOLE   116 0 0
JPMorgan Chase & Co COM 46625H100 11,084 181,800 SH   SOLE   51,800 0 130,000
Jabil Circuit Inc. COM 466313103 785 35,100 SH   SOLE   7,600 0 27,500
John B Sanfilippo & Son Inc. COM 800422107 2 32 SH   SOLE   32 0 0
Johnson Outdoors Inc. COM 479167108 3 139 SH   SOLE   139 0 0
Jones Lang LaSalle Inc COM 48020Q107 2,401 16,700 SH   SOLE   6,300 0 10,400
Kansas City Life Insurance COM 484836101 3 67 SH   SOLE   67 0 0
Key Tronic Corp COM 493144109 1 100 SH   SOLE   100 0 0
Knoll Inc. COM 498904200 336 15,300 SH   SOLE   0 0 15,300
L-3 Communications COM 502424104 2,770 26,500 SH   SOLE   6,900 0 19,600
LGI Homes, Inc. COM 50187T106 6 205 SH   SOLE   205 0 0
Laboratory Corp of America COM 50540R409 933 8,600 SH   SOLE   1,800 0 6,800
Lannett Company COM 516012101 561 13,500 SH   SOLE   2,700 0 10,800
LeMaitre Vascular, Inc. COM 525558201 1 85 SH   SOLE   85 0 0
Lear Corporation COM 521865204 13,184 121,200 SH   SOLE   35,300 0 85,900
M&T Bank Corp. COM 55261F104 6,768 55,500 SH   SOLE   8,500 0 47,000
M/I Homes, Inc. COM 55305B101 3 143 SH   SOLE   143 0 0
MGE Energy Inc. COM 55277P104 2 55 SH   SOLE   55 0 0
Maiden Holdings Ltd. COM G5753U112 1 52 SH   SOLE   52 0 0
Manpower Inc. COM 56418H100 1,277 15,600 SH   SOLE   1,800 0 13,800
Marcus Corporation COM 566330106 1 52 SH   SOLE   52 0 0
Marine Products Corp COM 568427108 2 300 SH   SOLE   300 0 0
Marlin Business Services Corp COM 571157106 2 100 SH   SOLE   100 0 0
Medivation, Inc. COM 58501N101 4,378 103,000 SH   SOLE   28,400 0 74,600
Mednax, Inc. COM 58502B106 1,421 18,500 SH   SOLE   4,600 0 13,900
Monarch Financial Hldgs COM 60907Q100 2 140 SH   SOLE   140 0 0
Moody's Corp. COM 615369105 2,062 21,000 SH   SOLE   7,000 0 14,000
Mosaic Co. (The) COM 61945C103 1,188 38,200 SH   SOLE   5,900 0 32,300
Movado Group Inc. COM 624580106 1 55 SH   SOLE   55 0 0
Mueller Industries, Inc. COM 624756102 1 46 SH   SOLE   46 0 0
Multi-Color Corp. COM 625383104 2 21 SH   SOLE   21 0 0
National Beverage Corp COM 635017106 3 109 SH   SOLE   109 0 0
National General Holdings Corp COM 636220303 2 100 SH   SOLE   100 0 0
National Healthcare Corp COM 635906100 3 44 SH   SOLE   44 0 0
National Western Life Group, Inc. COM 638517102 2 10 SH   SOLE   10 0 0
Nature's Sunshine Products COM 639027101 2 142 SH   SOLE   142 0 0
Navient Corporation COM 63938C108 4,898 435,800 SH   SOLE   126,600 0 309,200
Nelnet Inc COM 64031N108 2 70 SH   SOLE   70 0 0
Nutraceutical Int'l Corp COM 67060Y101 5 229 SH   SOLE   229 0 0
OceanFirst Financial COM 675234108 2 126 SH   SOLE   126 0 0
Omega Flex, Inc. COM 682095104 2 55 SH   SOLE   55 0 0
One Liberty Properties Inc. COM 682406103 3 135 SH   SOLE   135 0 0
Onebeacon Insurance Grp COM G67742109 3 187 SH   SOLE   187 0 0
Oxford Industries Inc. COM 691497309 1,389 18,800 SH   SOLE   5,600 0 13,200
PC Connection, Inc. COM 69318J100 6 304 SH   SOLE   304 0 0
PCM, Inc. COM 69323K100 2 200 SH   SOLE   200 0 0
PDL BioPharma, Inc. COM 69329Y104 2 330 SH   SOLE   330 0 0
PHI, Inc. Non-Voting COM 69336T205 2 109 SH   SOLE   109 0 0
PPL Corp COM 69351T106 122 3,700 SH   SOLE   3,700 0 0
Park National Corp OH COM 700658107 4 40 SH   SOLE   40 0 0
Park-Ohio Holdings Co COM 700666100 3 87 SH   SOLE   87 0 0
Patterson Companies Inc COM 703395103 8,343 192,900 SH   SOLE   51,900 0 141,000
Penske Automotive Group COM 70959W103 3,551 73,300 SH   SOLE   16,200 0 57,100
Pilgrims Pride Corp COM 72147K108 7,200 346,500 SH   SOLE   116,600 0 229,900
Pitney Bowes Inc. COM 724479100 520 26,200 SH   SOLE   7,700 0 18,500
Preferred Apt Communties cl A COM 74039L103 1 137 SH   SOLE   137 0 0
Preformed Line Products COM 740444104 2 53 SH   SOLE   53 0 0
Principal Financial Group COM 74251V102 3,858 81,500 SH   SOLE   19,600 0 61,900
Provident Financial Services COM 74386T105 1 37 SH   SOLE   37 0 0
Public Service Enterprise Grp COM 744573106 1,573 37,300 SH   SOLE   9,700 0 27,600
Pulaski Financial Corp. COM 745548107 2 162 SH   SOLE   162 0 0
PulteGroup, Inc. COM 745867101 2,666 141,300 SH   SOLE   35,400 0 105,900
QCR Holdings, Inc. COM 74727A104 2 100 SH   SOLE   100 0 0
Quad/Graphics, Inc. cl A COM 747301109 1 100 SH   SOLE   100 0 0
Quest Diagnostics Inc COM 74834L100 43 700 SH   SOLE   0 0 700
Quintiles Transnation COM 74876Y101 7,465 107,300 SH   SOLE   42,100 0 65,200
Raytheon Company COM 755111507 3,431 31,400 SH   SOLE   10,000 0 21,400
Reinsurance Group of America COM 759351604 6,876 75,900 SH   SOLE   28,700 0 47,200
Republic Bancorp KY COM 760281204 2 100 SH   SOLE   100 0 0
Rockwell Collins Inc COM 774341101 1,416 17,300 SH   SOLE   3,700 0 13,600
Rollins Inc. COM 775711104 142 5,300 SH   SOLE   5,300 0 0
Ryder System Inc. COM 783549108 1,725 23,300 SH   SOLE   6,900 0 16,400
SL Industries, Inc. COM 784413106 2 50 SH   SOLE   50 0 0
Saga Communications Inc. COM 786598300 2 52 SH   SOLE   52 0 0
Sally Beauty Holdings, Inc. COM 79546E104 1,316 55,400 SH   SOLE   10,600 0 44,800
Sanmina Corp COM 800907206 2 100 SH   SOLE   100 0 0
Santander Consmer USA Hdng Inc COM 80283M101 4,601 225,300 SH   SOLE   91,400 0 133,900
Saul Centers Inc. COM 804395101 3 55 SH   SOLE   55 0 0
Scana Corporation COM 80589M102 2,329 41,400 SH   SOLE   22,100 0 19,300
Scripps Networks Interact. COM 811065101 138 2,800 SH   SOLE   2,800 0 0
Seadrill Limited COM G7945E105 817 138,500 SH   SOLE   30,800 0 107,700
Select Medical Holdings Corp COM 81619Q105 2 207 SH   SOLE   207 0 0
Seneca Foods cl A COM 817070501 2 65 SH   SOLE   65 0 0
Shiloh Industries Inc. COM 824543102 1 160 SH   SOLE   160 0 0
Skechers U.S.A. Inc. COM 830566105 751 5,600 SH   SOLE   1,300 0 4,300
Sonic Automotive, Inc. COM 83545G102 2 76 SH   SOLE   76 0 0
Southern Copper Corp. COM 84265V105 5,750 215,200 SH   SOLE   64,600 0 150,600
Southern MO Bancorp COM 843380106 2 109 SH   SOLE   109 0 0
Span-America Medical COM 846396109 2 100 SH   SOLE   100 0 0
Stag Industrial Inc. COM 85254J102 745 40,900 SH   SOLE   16,200 0 24,700
Standard Pacific Corp COM 85375C101 3 336 SH   SOLE   336 0 0
Starz Series A Liberty Capital COM 85571Q102 1,669 44,700 SH   SOLE   14,100 0 30,600
Stepan Company COM 858586100 1 29 SH   SOLE   29 0 0
Sucampo Pharmaceuticals, Inc. COM 864909106 280 14,100 SH   SOLE   4,300 0 9,800
Summit Hotel Properties, Inc. COM 866082100 2,529 216,700 SH   SOLE   71,300 0 145,400
Sun Communities Inc. COM 866674104 6,071 89,600 SH   SOLE   26,800 0 62,800
SunTrust Banks, Inc. COM 867914103 5,304 138,700 SH   SOLE   57,200 0 81,500
Supreme Industries Inc. COM 868607102 2 276 SH   SOLE   276 0 0
Symetra Financial Corp COM 87151Q106 3 88 SH   SOLE   88 0 0
Synchrony Financial COM 87165B103 7,262 232,000 SH   SOLE   83,100 0 148,900
Syntel Inc. COM 87162H103 3 68 SH   SOLE   68 0 0
TAL International Group COM 874083108 1 71 SH   SOLE   71 0 0
TESSCO Technologies, Inc. COM 872386107 4 200 SH   SOLE   200 0 0
TRC Companies Inc. COM 872625108 5 401 SH   SOLE   401 0 0
Team Health Holdings, Inc COM 87817A107 259 4,800 SH   SOLE   0 0 4,800
TeleTech Holdings Inc COM 879939106 3 114 SH   SOLE   114 0 0
Textainer Group Hldgs Ltd. COM G8766E109 2 100 SH   SOLE   100 0 0
Third Point Reinsurance Ltd. COM G8827U100 3 200 SH   SOLE   200 0 0
Trans World Entertainement COM 884903105 2,625 65,200 SH   SOLE   19,800 0 45,400
Towne Bank COM 89214P109 5 258 SH   SOLE   258 0 0
Trans World Entertainment COM 89336Q100 2 500 SH   SOLE   500 0 0
Trinity Industries, Inc. COM 896522109 2,174 95,900 SH   SOLE   45,300 0 50,600
Triple-S Management Corp COM 896749108 4 200 SH   SOLE   200 0 0
Tutor Perini Corporation COM 901109108 2 100 SH   SOLE   100 0 0
Twenty-First Cent Fox Inc Cl A COM 90130A101 6,367 236,000 SH   SOLE   69,600 0 166,400
Tyson Foods Inc COM 902494103 1,767 41,000 SH   SOLE   8,500 0 32,500
UGI Corporation COM 902681105 320 9,200 SH   SOLE   0 0 9,200
United States Lime & Minerals COM 911922102 1 13 SH   SOLE   13 0 0
Universal Corporation COM 913456109 1 28 SH   SOLE   28 0 0
Universal Truckload Services COM 91388P105 2 150 SH   SOLE   150 0 0
Urstadt Biddle Prop cl A COM 917286205 1 47 SH   SOLE   47 0 0
VSE Corporation COM 918284100 1 26 SH   SOLE   26 0 0
Valero Energy Corp. COM 91913Y100 3,179 52,900 SH   SOLE   16,100 1 36,800
Varian Medical Systems Inc. COM 92220P105 162 2,200 SH   SOLE   2,200 2 0
Village Super Market COM 927107409 3 12,295 SH   SOLE   12,295 3 0
Visteon Corp COM 92839U206 1,296 12,800 SH   SOLE   4,600 4 8,200
Voya Financial, Inc. COM 929089100 3,501 90,300 SH   SOLE   35,200 5 55,100
WEC Energy Group, Inc. COM 92939U106 642 12,295 SH   SOLE   12,295 6 0
Wal-Mart Stores, Inc. COM 931142103 9,895 152,600 SH   SOLE   46,400 7 106,200
Washington Trust Bancorp COM 940610108 4 100 SH   SOLE   100 8 0
Waters Corporation COM 941848103 272 2,300 SH   SOLE   0 9 2,300
Wayside Technology Group COM 946760105 2 100 SH   SOLE   100 10 0
Weis Markets Inc. COM 948849104 2 55 SH   SOLE   55 11 0
Wells Fargo & Co COM 949746101 2,696 52,500 SH   SOLE   16,600 12 35,900
West Corporation COM 952355204 1 42 SH   SOLE   42 13 0
Western Refining, Inc. COM 959319104 1 14 SH   SOLE   14 14 0
Weyco Group Inc. COM 962149100 2 63 SH   SOLE   63 15 0
Wilshire Bancorp Inc. COM 97186T108 2 163 SH   SOLE   163 16 0
World Acceptance Corp COM 981419104 1 28 SH   SOLE   28 17 0
World Fuel Services Corp COM 981475106 161 4,500 SH   SOLE   0 18 4,500
Xcel Energy Inc COM 98389B100 3,520 99,400 SH   SOLE   46,700 19 52,700
Xerox Corporation COM 984121103 1,025 105,300 SH   SOLE   73,100 20 32,200
ZAIS Financial Corp. COM 98886K108 1 100 SH   SOLE   100 21 0
Zimmer Biomet Holdings Inc COM 98956P102 2,245 23,900 SH   SOLE   4,400 22 19,500
ePlus Inc. COM 294268107 2 26 SH   SOLE   26 23 0