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
BRANDYWINE REALTY TRUST SH BEN INT NEW 105368203 274 17,167 SH   SOLE   6,167 0 11,000
DIAMONDROCK HOSPITALITY COM 252784301 275 19,485 SH   SOLE   8,860 0 10,625
GLADSTONE COMMERCIAL COM 376536108 942 50,624 SH   SOLE   42,312 0 8,312
HERSHA HOSPITALITY TRUST SH BEN INT NEW 427825104 346 53,533 SH   SOLE   25,208 0 28,325
INDEPENDENCE REALTY TRUST COM 45378A106 2,340 246,590 SH   SOLE   190,090 0 56,500
LASALLE HOTEL PROPERTIES COM 517942108 3,903 100,440 SH   SOLE   31,550 0 68,890
LEXINGTON REALTY TRUST SH BEN INT NEW 529043101 321 32,609 SH   SOLE   15,224 0 17,385
MONMOUTH REIT A CL A 609720107 1,348 121,363 SH   SOLE   101,426 0 19,937
SOTHERLY HOTELS COM 83600C103 896 117,675 SH   SOLE   87,425 0 30,250
AARON'S INC COM 002535300 475 16,785 SH   SOLE   7,385 0 9,400
ACTAVIS INC COM g0083b108 9,782 32,868 SH   SOLE   9,183 0 23,685
ACUITY BRANDS INC COM 00508Y102 7,080 42,104 SH   SOLE   12,434 0 29,670
AEGEAN MARINE PETROLEUM COM Y0017S102 2,829 196,860 SH   SOLE   140,565 0 56,295
AETNA INC COM 00817Y108 14,289 134,130 SH   SOLE   91,780 0 42,350
ALLSCRIPTS HEALTHCARE COM 01988P108 327 27,304 SH   SOLE   11,774 0 15,530
ALMOST FAMILY INC COM 020409108 2,224 49,750 SH   SOLE   38,825 0 10,925
ALPHA & OMEGA SEMI COM G6331P104 1,640 184,065 SH   SOLE   144,765 0 39,300
AMERICAN SOFTWARE A COM 029683109 2,060 201,595 SH   SOLE   155,895 0 45,700
AMERICAN VANGUARD CORP COM 030371108 1,261 118,750 SH   SOLE   99,450 0 19,300
AMERIPRISE FINANCIAL COM 03076C106 9,830 75,129 SH   SOLE   49,730 0 25,399
AMPHENOL CORP-CL A COM 032095101 7,277 123,490 SH   SOLE   36,790 0 86,700
AMSURG CORP COM COM 03232P405 234 3,800 SH   SOLE   3,800 0 0
ANDERSONS INC COM COM 034164103 277 6,700 SH   SOLE   3,050 0 3,650
APPLE INC COM 037833100 37,914 304,705 SH   SOLE   106,410 0 198,295
ARM HOLDINGS PLC COM 042068106 6,555 132,959 SH   SOLE   37,334 0 95,625
ASCENA RETAIL GROUP COM 04351G101 365 25,150 SH   SOLE   11,425 0 13,725
ASHLAND INC COM 044209104 6,442 50,601 SH   SOLE   34,226 0 16,375
AT & T INC COM COM 00206R102 16,625 509,180 SH   SOLE   348,280 0 160,900
AVX CORP COM 002444107 370 25,963 SH   SOLE   11,988 0 13,975
BANC OF CALIFORNIA COM 05990K106 2,712 220,290 SH   SOLE   154,840 0 65,450
BANK OF COMMERCE HOLDINGS COM 06424J103 772 137,905 SH   SOLE   114,655 0 23,250
BANNER CORP COM 06652V208 640 13,951 SH   SOLE   5,971 0 7,980
BAR HARBOR BANKSHARES COM 066849100 675 20,730 SH   SOLE   17,430 0 3,300
BARRETT BUSINESS SVCS INC COM 068463108 2,528 59,000 SH   SOLE   45,700 0 13,300
BERKSHIRE HILLS BANC COM 084680107 2,492 89,946 SH   SOLE   62,371 0 27,575
BEST BUY CO COM 086516101 8,752 231,585 SH   SOLE   120,895 0 110,690
BIG LOTS INC COM 089302103 263 5,485 SH   SOLE   1,960 0 3,525
BIOGEN INC COM 09062X103 4,701 11,134 SH   SOLE   3,004 0 8,130
BLACK BOX CORP COM 091826107 1,896 90,599 SH   SOLE   64,589 0 26,010
BLOOMIN' BRANDS INC COM 094235108 458 18,840 SH   SOLE   8,330 0 10,510
BOEING CO COM 097023105 9,493 63,250 SH   SOLE   43,295 0 19,955
BOFI HOLDING INC COM 05566U108 521 5,602 SH   SOLE   2,502 0 3,100
BORGWARNER INC COM 099724106 7,148 118,191 SH   SOLE   34,321 0 83,870
BRISTOL-MYERS SQUIBB CO COM 110122108 10,682 165,605 SH   SOLE   46,380 0 119,225
CALIFORNIA RESOURCES COM 13057Q107 242 31,760 SH   SOLE   14,985 0 16,775
CALLAWAY GOLF COM 131193104 825 86,525 SH   SOLE   72,475 0 14,050
CAPITAL CITY BK GROUP COM 139674105 2,057 126,605 SH   SOLE   97,455 0 29,150
CAPITAL ONE FINANCIAL CORP COM 14040H105 15,496 196,602 SH   SOLE   132,917 0 63,685
CARPENTER TECHNOLOGY COM 144285103 411 10,569 SH   SOLE   4,384 0 6,185
CAVIUM INC COM 14964U108 279 3,935 SH   SOLE   3,135 0 800
CBIZ INC COM 124805102 2,641 283,100 SH   SOLE   195,770 0 87,330
CBRE GROUP INC - A COM 12504L109 9,441 243,890 SH   SOLE   68,890 0 175,000
CECO ENVIRONMENTAL COM 125141101 1,650 155,543 SH   SOLE   118,361 0 37,182
CELADON GROUP INC COM 150838100 2,945 108,188 SH   SOLE   76,438 0 31,750
CELGENE CORP COM 151020104 11,378 98,695 SH   SOLE   27,615 0 71,080
CENTRAL GARDEN & PET A COM 153527205 1,460 137,460 SH   SOLE   106,210 0 31,250
CENTURY CASINOS INC COM 156492100 2,013 369,350 SH   SOLE   281,150 0 88,200
CHIPOTLE MEXICAN GRILL COM 169656105 5,738 8,820 SH   SOLE   2,660 0 6,160
CHRISTOPHER & BANKS CP COM COM 171046105 2,109 379,250 SH   SOLE   285,350 0 93,900
CISCO SYSTEMS COM 17275R102 22,659 823,201 SH   SOLE   486,191 0 337,010
CIT GROUP INC COM 125581801 5,058 112,091 SH   SOLE   76,716 0 35,375
CITIGROUP INC COM 172967424 20,532 398,531 SH   SOLE   269,681 0 128,850
COACH INC COM 189754104 3,589 86,630 SH   SOLE   25,560 0 61,070
COMFORT SYS USA INC COM COM 199908104 3,000 142,565 SH   SOLE   102,420 0 40,145
COMPUTER TASK GROUP COM 205477102 1,235 168,965 SH   SOLE   141,465 0 27,500
CONCURRENT COMPUTER COM 206710402 1,405 221,900 SH   SOLE   164,000 0 57,900
CONSOLIDATED EDISON INC COM 209115104 6,580 107,865 SH   SOLE   73,815 0 34,050
CORNING INC COM 219350105 7,485 330,008 SH   SOLE   225,833 0 104,175
COSTCO CORP COM 22160K105 11,370 75,055 SH   SOLE   20,480 0 54,575
COVENANT TRANSPORTATION COM 22284P105 1,327 40,015 SH   SOLE   33,515 0 6,500
CRA INTERNATIONAL COM 12618T105 752 24,155 SH   SOLE   20,230 0 3,925
CROSS COUNTRY HEALTH COM 227483104 2,128 179,425 SH   SOLE   135,950 0 43,475
CUMMINS INC COM 231021106 5,321 38,380 SH   SOLE   10,555 0 27,825
CVS HEALTH COM 126650100 11,306 109,545 SH   SOLE   29,165 0 80,380
DAKTRONICS INC COM 234264109 1,396 129,165 SH   SOLE   108,165 0 21,000
DANAHER CORP COM 235851102 6,566 77,340 SH   SOLE   21,830 0 55,510
DELTA AIRLINES COM 247361702 9,032 200,881 SH   SOLE   137,381 0 63,500
DELTIC TIMBER CORP COM 247850100 338 5,095 SH   SOLE   2,370 0 2,725
DESTINATION XL COM 25065k104 1,473 298,130 SH   SOLE   249,655 0 48,475
DIAMONDBACK ENERGY INC COM 25278X109 3,124 40,662 SH   SOLE   12,022 0 28,640
DIGIRAD CORP COM 253827109 1,178 259,405 SH   SOLE   193,505 0 65,900
DIME COMMUNITY BANC COM 253922108 1,902 118,120 SH   SOLE   98,920 0 19,200
DISCOVER FINL SERVICES COM 254709108 7,051 125,135 SH   SOLE   80,865 0 44,270
DOW CHEMICAL COM 260543103 13,324 277,707 SH   SOLE   187,052 0 90,655
DUCOMMUN INC COM 264147109 2,056 79,390 SH   SOLE   62,390 0 17,000
EBAY INC COM COM 278642103 6,104 105,819 SH   SOLE   29,649 0 76,170
ELECTRO SCIENTIFIC COM 285229100 1,170 189,310 SH   SOLE   158,510 0 30,800
ENCORE WIRE CORP COM 292562105 498 13,159 SH   SOLE   5,734 0 7,425
ENERSYS COM 29275Y102 307 4,775 SH   SOLE   2,150 0 2,625
ENTEGRIS INC COM 29362U104 377 27,534 SH   SOLE   11,884 0 15,650
ESSA BANCORP INC COM 29667D104 1,516 118,275 SH   SOLE   86,375 0 31,900
ESTEE LAUDER A COM 518439104 4,624 55,600 SH   SOLE   15,400 0 40,200
ETHAN ALLEN INTERIORS COM COM 297602104 423 15,305 SH   SOLE   6,905 0 8,400
EXACTECH, INC COM 30064E109 1,080 42,125 SH   SOLE   35,275 0 6,850
EXELON CORP COM COM 30161N101 6,614 196,785 SH   SOLE   134,685 0 62,100
EXFO INC COM 302046107 839 221,866 SH   SOLE   184,432 0 37,434
FACEBOOK INC-A COM 30303M102 15,910 193,523 SH   SOLE   53,933 0 139,590
FEDERAL AGRIC MTG CORP CL C COM 313148306 2,263 80,275 SH   SOLE   56,850 0 23,425
FIDELITY & GUARANTY LIFE COM 315785105 284 13,415 SH   SOLE   6,090 0 7,325
FINANCIAL INSTNS INC COM 317585404 2,017 87,966 SH   SOLE   60,326 0 27,640
FIRST FINANCIAL COM 320218100 2,657 74,038 SH   SOLE   51,918 0 22,120
FIRST INTERNET BANC COM 320557101 1,868 100,575 SH   SOLE   78,800 0 21,775
FIRST NBC BANK COM 32115D106 2,420 73,363 SH   SOLE   51,618 0 21,745
FIRSTENERGY CORP COM 337932107 13,452 383,675 SH   SOLE   258,180 0 125,495
FISERV INC COM 337738108 10,764 135,569 SH   SOLE   39,304 0 96,265
FOOT LOCKER INC COM 344849104 6,166 97,873 SH   SOLE   66,948 0 30,925
FORESTAR REAL ESTATE GROUP COM 346233109 317 20,103 SH   SOLE   9,253 0 10,850
FORTINET INC COM 34959E109 6,526 186,720 SH   SOLE   53,905 0 132,815
FREEPORT-MCMORAN COM 35671D857 3,893 205,430 SH   SOLE   140,580 0 64,850
FREIGHTCAR AMER INC COM COM 357023100 2,240 71,273 SH   SOLE   49,223 0 22,050
GAIN CAPITAL HOLDINGS COM 36268W100 2,277 233,070 SH   SOLE   169,370 0 63,700
GAMESTOP CORP A COM 36467W109 3,629 95,600 SH   SOLE   65,375 0 30,225
GENERAL DYNAMICS COM 369550108 16,399 120,820 SH   SOLE   80,802 0 40,018
GENERAL ELEC CO COM COM 369604103 20,024 807,082 SH   SOLE   543,532 0 263,550
GENERAL MOTORS CO COM 37045V100 12,687 338,322 SH   SOLE   231,222 0 107,100
GIBRALTAR INDUSTRIES COM 374689107 2,673 162,913 SH   SOLE   113,438 0 49,475
GILEAD SCIENCES COM 375558103 5,122 52,195 SH   SOLE   14,445 0 37,750
GLADSTONE CAPITAL COM 376535100 743 84,337 SH   SOLE   70,486 0 13,851
GLOBAL CASH ACCESS COM 378967103 2,150 282,130 SH   SOLE   215,030 0 67,100
GLOBAL POWER EQUIPMENT COM 37941P306 1,235 93,590 SH   SOLE   78,390 0 15,200
GOLDMAN SACHS COM 38141G104 14,174 75,406 SH   SOLE   50,976 0 24,430
GOOGLE A COM 38259P508 6,303 11,362 SH   SOLE   3,152 0 8,210
GOOGLE C COM 38259P706 205 375 SH   SOLE   125 0 250
GREAT LAKES DREDGE & DOCK COM 390607109 1,219 202,815 SH   SOLE   169,865 0 32,950
GULF ISLAND FABRICATN COM 402307102 852 57,305 SH   SOLE   48,005 0 9,300
HANMI FINANCIAL CORP COM 410495204 2,361 111,653 SH   SOLE   83,678 0 27,975
HARDINGE INC COM COM 412324303 1,863 160,625 SH   SOLE   128,625 0 32,000
HARTFORD FINANCIAL SERVICES COM 416515104 12,608 301,477 SH   SOLE   201,625 0 99,852
HARVARD BIOSCIENCE INC COM COM 416906105 1,507 258,920 SH   SOLE   193,120 0 65,800
HELIX ENERGY SOLUTIONS COM 42330P107 209 13,988 SH   SOLE   6,083 0 7,905
HERMAN MILLER INC COM 600544100 353 12,700 SH   SOLE   5,775 0 6,925
HILL INTERNATIONAL COM 431466101 1,923 535,710 SH   SOLE   413,910 0 121,800
HILTON HOTELS CORP COM COM 43300a104 6,385 215,575 SH   SOLE   62,875 0 152,700
HOME DEPOT INC COM 437076102 11,828 104,110 SH   SOLE   28,915 0 75,195
HOMESTREET INC COM 43785V102 359 19,590 SH   SOLE   14,605 0 4,985
HOMETRUST BANCSHARES COM 437872104 1,946 121,865 SH   SOLE   87,465 0 34,400
HONEYWELL INTERNATIONAL COM 438516106 8,567 82,130 SH   SOLE   22,680 0 59,450
HOOKER FURNITURE CORP COM 439038100 1,997 104,845 SH   SOLE   87,695 0 17,150
HORACE MANN EDUCATORS CORP NEW COM 440327104 254 7,425 SH   SOLE   2,650 0 4,775
HORMEL FOODS CORP COM 440452100 5,251 92,360 SH   SOLE   25,935 0 66,425
IMPAX LABORATORIES INC COM COM 45256B101 333 7,112 SH   SOLE   3,262 0 3,850
INDEPENDENT BANK MA COM 453836108 501 11,421 SH   SOLE   5,091 0 6,330
INDEPENDENT BANK MI COM 453838609 1,906 148,550 SH   SOLE   113,525 0 35,025
INTEL CORP COM 458140100 9,453 302,290 SH   SOLE   202,890 0 99,400
IXYS CORP COM 46600W106 2,250 182,625 SH   SOLE   139,225 0 43,400
JABIL CIRCUIT INC COM 466313103 4,448 190,230 SH   SOLE   130,130 0 60,100
JACK IN THE BOX COM 466367109 299 3,115 SH   SOLE   2,465 0 650
JANUS CAPITAL COM 47102X105 3,907 227,300 SH   SOLE   155,575 0 71,725
JOHNSON CONTROLS COM 478366107 4,692 93,020 SH   SOLE   63,620 0 29,400
JPMORGAN CHASE COM 46625H100 22,077 364,430 SH   SOLE   247,030 0 117,400
KEYCORP COM 493267108 11,129 785,937 SH   SOLE   522,783 0 263,154
KIRKLANDS INC COM COM 497498105 2,653 111,705 SH   SOLE   81,780 0 29,925
KOHLS CORP COM 500255104 6,821 87,170 SH   SOLE   59,620 0 27,550
KROGER CO COM 501044101 9,216 120,218 SH   SOLE   79,441 0 40,777
LA Z BOY INC COM 505336107 622 22,132 SH   SOLE   9,622 0 12,510
LAM RESEARCH CORP COM 512807108 336 4,790 SH   SOLE   2,090 0 2,700
LEAR CORP COM 521865204 8,226 74,230 SH   SOLE   50,780 0 23,450
LHC GROUP COM 50187A107 299 9,055 SH   SOLE   4,180 0 4,875
LIONS GATE ENTERTAINMENT COM 535919203 5,117 150,845 SH   SOLE   43,700 0 107,145
LSI INDS INC COM COM 50216C108 1,283 157,475 SH   SOLE   131,925 0 25,550
MAINSOURCE FINANCIAL COM 56062Y102 3,048 155,204 SH   SOLE   109,664 0 45,540
MARATHON PETROLEUM CORP COM 56585A102 8,254 80,617 SH   SOLE   55,152 0 25,465
MARTEN TRANS LTD COM 573075108 2,156 92,924 SH   SOLE   69,824 0 23,100
MATRIX SVC CO COM 576853105 220 12,528 SH   SOLE   5,588 0 6,940
MCKESSON CORP COM 58155Q103 11,921 52,700 SH   SOLE   15,075 0 37,625
MEAD JOHNSON NUTRITION CO COM 582839106 237 2,360 SH   SOLE   1,460 0 900
MEDTRONIC PLC COM G5960L103 8,029 102,948 SH   SOLE   28,918 0 74,030
MENTOR GRAPHICS CORP COM 587200106 503 20,924 SH   SOLE   9,434 0 11,490
META FINANCIAL GROUP COM 59100U108 2,439 61,379 SH   SOLE   46,432 0 14,947
MICROSOFT CORP COM 594918104 215 5,300 SH   SOLE   0 0 5,300
MIDDLEBY CORP COM COM 596278101 4,786 46,622 SH   SOLE   13,572 0 33,050
MOHAWK INDUSTRIES COM 608190104 8,383 45,132 SH   SOLE   13,267 0 31,865
MONARCH FINANCIAL COM 60907Q100 1,414 113,040 SH   SOLE   85,911 0 27,129
NEW YORK AND COMPANY INC COM 649295102 666 266,250 SH   SOLE   223,050 0 43,200
NORFOLK SOUTHERN CORP COM 655844108 12,276 119,276 SH   SOLE   80,073 0 39,203
NORTHRIM BANCORP INC COM 666762109 883 35,965 SH   SOLE   30,115 0 5,850
NORTHWEST PIPE CO COM COM 667746101 798 34,770 SH   SOLE   29,095 0 5,675
OLD DOMINION FREIGHT LINE COM 679580100 6,660 86,155 SH   SOLE   25,620 0 60,535
OLD NATIONAL BANCORP COM 680033107 412 29,042 SH   SOLE   12,837 0 16,205
OLYMPIC STEEL INC COM COM 68162K106 1,423 105,725 SH   SOLE   80,256 0 25,469
ONE GAS INC COM 68235P108 270 6,255 SH   SOLE   2,895 0 3,360
ORION MARINE GROUP COM 68628V308 1,695 191,300 SH   SOLE   160,200 0 31,100
PACIFIC ETHANOL INC COM COM 69423U305 1,404 130,155 SH   SOLE   108,955 0 21,200
PALO ALTO NETWORKS INC COM 697435105 3,310 22,658 SH   SOLE   6,833 0 15,825
PEPSICO INC COM 713448108 12,876 134,660 SH   SOLE   37,385 0 97,275
PERRY ELLIS COM 288853104 1,267 54,710 SH   SOLE   45,810 0 8,900
PETROQUEST ENERGY COM 716748108 1,530 665,007 SH   SOLE   479,556 0 185,451
PHOTRONICS COM 719405102 2,201 258,935 SH   SOLE   202,215 0 56,720
PLANTRONICS COM 727493108 285 5,381 SH   SOLE   2,446 0 2,935
PLEXUS CORP COM 729132100 313 7,680 SH   SOLE   3,440 0 4,240
PNC FINANCIAL SERVICES GROUP COM 693475105 9,373 100,527 SH   SOLE   68,842 0 31,685
PORTLAND GENERAL ELECTRIC COM 736508847 645 17,403 SH   SOLE   7,653 0 9,750
POWELL INDS INC COM 739128106 1,245 36,860 SH   SOLE   28,435 0 8,425
PPL CORPORATION COM 69351T106 16,982 504,504 SH   SOLE   338,004 0 166,500
PREMIERE GLOBAL SERVICES COM 740585104 2,279 238,350 SH   SOLE   168,475 0 69,875
PRUDENTIAL FINANCIAL COM 744320102 6,660 82,925 SH   SOLE   55,450 0 27,475
PULTEGROUP INC COM 745867101 5,960 268,120 SH   SOLE   77,770 0 190,350
QLIK TECHNOLOGIES INC COM 74733T105 212 6,800 SH   SOLE   6,800 0 0
QLOGIC CORP COM 747277101 326 22,150 SH   SOLE   9,950 0 12,200
QUEST DIAGNOSTICS INC COM 74834L100 14,116 183,686 SH   SOLE   122,986 0 60,700
RAYTHEON COMPANY COM 755111507 9,648 88,310 SH   SOLE   23,880 0 64,430
RING ENERGY INC COM 76680V108 1,429 134,575 SH   SOLE   102,125 0 32,450
RUBY TUESDAY INC COM 781182100 2,234 371,665 SH   SOLE   260,665 0 111,000
RUDOLPH TECHNOLOGIES COM 781270103 2,261 205,141 SH   SOLE   147,801 0 57,340
SAFEGUARD SCIENTIFICS COM 786449207 2,057 113,775 SH   SOLE   85,225 0 28,550
SARATOGA INVEST CORP COM 80349A208 970 61,183 SH   SOLE   51,138 0 10,045
SBA COMMUNICATIONS A COM 78388J106 7,243 61,856 SH   SOLE   17,741 0 44,115
SCHLUMBERGER LTD COM 806857108 6,611 79,225 SH   SOLE   21,480 0 57,745
SERVICENOW INC COM 81762P102 6,341 80,489 SH   SOLE   23,434 0 57,055
SI FINANCIAL GROUP COM 78425V104 999 82,255 SH   SOLE   59,930 0 22,325
SIERRA BANCORP COM COM 82620P102 985 59,000 SH   SOLE   49,425 0 9,575
SNAP-ON INC COM 833034101 10,602 72,095 SH   SOLE   21,250 0 50,845
SOUTHWEST AIRLINES CO COM 844741108 4,763 107,520 SH   SOLE   32,050 0 75,470
SPARTAN MOTORS INC COM 846819100 2,249 463,770 SH   SOLE   350,345 0 113,425
SPARTANNASH COM 847215100 505 16,001 SH   SOLE   7,471 0 8,530
SPLUNK INC COM 848637104 2,523 42,615 SH   SOLE   11,915 0 30,700
SPOK HOLDINGS COM 84863T106 1,083 56,513 SH   SOLE   47,230 0 9,283
STARBUCKS CORP COM 855244109 12,683 133,925 SH   SOLE   36,495 0 97,430
STEIN MART INC COM 858375108 2,424 194,684 SH   SOLE   136,859 0 57,825
STERLING CONSTRUCTION COM 859241101 2,053 454,305 SH   SOLE   335,705 0 118,600
SYMANTEC CORP COM 871503108 5,565 238,162 SH   SOLE   162,987 0 75,175
SYNAPTICS INC COM COM 87157D109 396 4,866 SH   SOLE   2,096 0 2,770
SYNERGETICS USA COM 87160G107 1,527 283,305 SH   SOLE   213,905 0 69,400
SYSTEMAX INC COM COM 871851101 782 64,025 SH   SOLE   53,625 0 10,400
TARGET CORP COM 87612E106 11,523 140,400 SH   SOLE   93,175 0 47,225
TELECOMMUNICATION SYS CL A COM 87929J103 1,608 419,950 SH   SOLE   312,250 0 107,700
TERRITORIAL BANCORP INC COM 88145X108 2,191 92,220 SH   SOLE   72,695 0 19,525
TESCO CORP COM 88157K101 1,182 103,920 SH   SOLE   87,020 0 16,900
THE TRAVELERS CO COM 89417E109 20,805 192,405 SH   SOLE   130,405 0 62,000
TJX COMPANIES INC COM 872540109 7,019 100,200 SH   SOLE   27,665 0 72,535
TOWNE BANK COM 89214P109 2,369 147,300 SH   SOLE   100,905 0 46,395
TRAVELCENTERS OF AMERICA COM 894174101 2,267 129,990 SH   SOLE   90,940 0 39,050
TWITTER INC COM 90184L102 7,876 157,260 SH   SOLE   46,920 0 110,340
TYSON FOODS A COM 902494103 6,238 162,875 SH   SOLE   111,400 0 51,475
ULTA SALON COM 90384S303 7,893 52,322 SH   SOLE   15,392 0 36,930
ULTIMATE SOFTWARE GROUP INC COM 90385D107 238 1,400 SH   SOLE   975 0 425
UNITED CMNTY FINL OHIO COM COM 909839102 1,225 224,365 SH   SOLE   187,865 0 36,500
UNITED INSURANCE HOLDINGS COM 910710102 1,073 47,700 SH   SOLE   39,950 0 7,750
UNITEDHEALTH GROUP COM 91324P102 6,176 52,210 SH   SOLE   14,405 0 37,805
UNIVERSAL STAINLESS COM 913837100 1,722 65,685 SH   SOLE   54,985 0 10,700
UNUM GROUP COM 91529Y106 11,484 340,469 SH   SOLE   229,154 0 111,315
V F CORP COM 918204108 256 3,400 SH   SOLE   1,500 0 1,900
VALSPAR CORP COM 920355104 8,316 98,970 SH   SOLE   29,070 0 69,900
VISA INC A COM 92826C839 15,811 241,727 SH   SOLE   66,447 0 175,280
WABCO HOLDINGS COM 92927K102 5,941 48,346 SH   SOLE   13,436 0 34,910
WALT DISNEY CO COM 254687106 10,003 95,371 SH   SOLE   26,721 0 68,650
WASHINGTON TRUST BANCORP COM 940610108 1,842 48,224 SH   SOLE   40,291 0 7,933
WAYSIDE TECHNOLOGY GROUP COM 946760105 871 49,430 SH   SOLE   41,305 0 8,125
WCI COMMUNITIES INC COM 92923C807 3,093 129,130 SH   SOLE   92,330 0 36,800
WEST MARINE INC COM COM 954235107 1,319 142,295 SH   SOLE   107,995 0 34,300
WESTELL TECHNOLOGIES A COM 957541105 962 734,240 SH   SOLE   553,640 0 180,600
WESTERN ALLIANCE BANCORP COM 957638109 253 8,525 SH   SOLE   5,875 0 2,650
WHITEWAVE FOODS CO - A COM 966244105 6,146 138,620 SH   SOLE   39,940 0 98,680
WILLIAMS-SONOMA INC COM 969904101 7,617 95,560 SH   SOLE   27,635 0 67,925
WISCONSIN ENERGY COM 976657106 4,674 94,430 SH   SOLE   27,020 0 67,410
WYNDHAM WORLDWIDE CORP COM 98310W108 8,196 90,595 SH   SOLE   26,675 0 63,920
XCERRA CORP COM 98400J108 2,285 257,080 SH   SOLE   185,180 0 71,900
ZAGG INC COM 98884U108 2,037 234,955 SH   SOLE   196,755 0 38,200
BP PLC ADR ADR 055622104 8,020 205,075 SH   SOLE   138,070 0 67,005
ROYAL DUTCH SHELL PLC ADR ADR 780259107 8,028 128,046 SH   SOLE   86,261 0 41,785
SANOFI-AVENTIS SAADR ADR 80105N105 10,835 219,151 SH   SOLE   149,951 0 69,200
TEVA PHARMA ADR ADR 881624209 16,385 263,001 SH   SOLE   177,226 0 85,775