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 488 11,537 SH   SOLE 0 11,537 0 0
ABBVIE INC COM 00287Y109 5,509 87,349 SH   SOLE 0 87,349 0 0
ABM INDS INC COM 000957100 6,023 151,719 SH   SOLE 0 151,719 0 0
ACADIA REALTY TRUST COM 004239109 13,759 379,663 SH   SOLE 0 379,663 0 0
ACETO CORP COM 004446100 10,218 538,064 SH   SOLE 0 538,064 0 0
AFFILIATED MNGRS GRP COM 008252108 3,490 24,122 SH   SOLE 0 24,122 0 0
ALEXANDRIA REAL ESTATE COM 015271109 10,298 94,678 SH   SOLE 0 94,678 0 0
ALEXANDRIA REAL ESTATE CONV PFD D PFD CONV SER D 015271505 207 5,882 PRN   SOLE 0 5,882 0 0
ALLERGAN INC SHS G0177J108 4,304 18,687 PRN   SOLE 0 18,687 0 0
ALLIANCE DATA SYS CORP COM 018581108 3,677 17,142 SH   SOLE 0 17,142 0 0
ALPHABET INC CAP STK CL A 02079K305 1,570 1,952 PRN   SOLE 0 1,952 0 0
ALPHABET INC CAP STK CL C 02079K107 6,408 8,244 PRN   SOLE 0 8,244 0 0
AMERICAN EAGLE OUTFITTERS INC COM 02553E106 4,612 258,246 SH   SOLE 0 258,246 0 0
AMERICAN INTL GROUP COM 026874784 7,470 125,910 SH   SOLE 0 125,910 0 0
AMERIPRISE FINL INC COM 03076C106 3,830 38,391 SH   SOLE 0 38,391 0 0
AMGEN INC COM 031162100 751 4,503 SH   SOLE 0 4,503 0 0
AMSURG CORP COM 03232P405 5,118 76,335 SH   SOLE 0 76,335 0 0
APACHE CORP COM 037411105 4,524 70,844 SH   SOLE 0 70,844 0 0
APPLE COMPUTER INC COM 037833100 6,556 57,995 SH   SOLE 0 57,995 0 0
ASHLAND GLOBAL HLDGS INC COM 044186104 5,631 48,567 SH   SOLE 0 48,567 0 0
ASTEC INDS INC COM 046224101 9,221 154,021 SH   SOLE 0 154,021 0 0
AT&T INC COM 00206R102 5,537 136,354 SH   SOLE 0 136,354 0 0
ATLANTIC CAPITAL BANCSHARES INC COM 048269203 177 11,829 SH   SOLE 0 11,829 0 0
AVALONBAY COMMUNITIES COM 053484101 2,370 13,327 SH   SOLE 0 13,327 0 0
BAKER HUGHES INC COM 057224107 3,668 72,685 SH   SOLE 0 72,685 0 0
BANK OF AMERICA CORP COM 060505104 6,896 440,628 SH   SOLE 0 440,628 0 0
BANK OF MARIN BANCORP COM 063425102 627 12,601 SH   SOLE 0 12,601 0 0
BANNER CORP COM 06652V208 12,295 281,098 SH   SOLE 0 281,098 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 230 1,590 PRN   SOLE 0 1,590 0 0
BLACK HILLS CORP COM 092113109 10,654 174,029 SH   SOLE 0 174,029 0 0
BNC BANCORP COM 05566T101 10,171 418,210 SH   SOLE 0 418,210 0 0
BOK FINL CORP COM NEW 05561Q201 6,292 91,223 PRN   SOLE 0 91,223 0 0
BOSTON PROPERTIES INC COM 101121101 2,096 15,380 SH   SOLE 0 15,380 0 0
BROWN & BROWN INC COM 115236101 5,150 136,571 SH   SOLE 0 136,571 0 0
BRYN MAWR BK CORP COM 117665109 10,098 315,657 SH   SOLE 0 315,657 0 0
CABOT CORP COM 127055101 2,553 48,716 SH   SOLE 0 48,716 0 0
CALLON PETE CO DEL COM 13123X102 12,297 783,277 SH   SOLE 0 783,277 0 0
CAMDEN PROPERTY TRUST COM 133131102 494 5,900 SH   SOLE 0 5,900 0 0
CAPITAL BANK FINANCIAL CORP COM 139794101 5,939 184,971 SH   SOLE 0 184,971 0 0
CARRIZO OIL & GAS COM 144577103 15,091 371,523 SH   SOLE 0 371,523 0 0
CBIZ INC COM 124805102 11,114 993,164 SH   SOLE 0 993,164 0 0
CENTERSTATE BANKS INC COM 15201P109 13,084 737,982 SH   SOLE 0 737,982 0 0
CHATHAM LODGING TRUST COM 16208T102 283 14,712 SH   SOLE 0 14,712 0 0
CHEMBIO DIAGNOSTICS COM 163572209 157 21,200 SH   SOLE 0 21,200 0 0
CHESAPEAKE UTILITIES CORP. COM 165303108 9,920 162,458 SH   SOLE 0 162,458 0 0
CHEVRON CORP NEW COM 166764100 5,339 51,874 SH   SOLE 0 51,874 0 0
CHUBB LTD COM H1467J104 4,965 39,514 SH   SOLE 0 39,514 0 0
CIGNA CORP COM 125509109 3,719 28,535 SH   SOLE 0 28,535 0 0
CISCO SYS INC COM 17275R102 442 13,947 SH   SOLE 0 13,947 0 0
CIT GROUP INC COM 125581801 3,066 84,458 SH   SOLE 0 84,458 0 0
CITIGROUP INC COM 172967424 6,900 146,089 SH   SOLE 0 146,089 0 0
CITRIX SYS INC COM 177376100 1,858 21,807 SH   SOLE 0 21,807 0 0
CNO FINANCIAL INC COM 12621E103 16,292 1,066,948 SH   SOLE 0 1,066,948 0 0
COCA COLA EUROPEAN PARTNERS PLC SHS G25839104 3,458 86,668 PRN   SOLE 0 86,668 0 0
COLGATE PALMOLIVE CO COM 194162103 577 7,780 SH   SOLE 0 7,780 0 0
COLONY FINANCIAL COM 19624R106 5,621 308,349 SH   SOLE 0 308,349 0 0
COLUMBIA SPORTSWEAR CO COM 198516106 5,480 96,589 SH   SOLE 0 96,589 0 0
COMMUNITY HLTH SYS NEW COM 203668108 5,193 449,977 SH   SOLE 0 449,977 0 0
CONAGRA FOODS INC COM 205887102 4,272 90,688 SH   SOLE 0 90,688 0 0
CONOCOPHILLIPS COM 20825C104 6,830 157,114 SH   SOLE 0 157,114 0 0
CORESITE REALTY CORP COM 21870Q105 14,872 200,868 SH   SOLE 0 200,868 0 0
CROWN HOLDINGS INC COM 228368106 4,230 74,102 SH   SOLE 0 74,102 0 0
CURTISS WRIGHT CORP COM 231561101 17,351 190,435 SH   SOLE 0 190,435 0 0
CVS HEALTH CORP COM 126650100 8,734 98,147 SH   SOLE 0 98,147 0 0
CYPRESS SEMICONDUCTOR COM 232806109 12,991 1,068,298 SH   SOLE 0 1,068,298 0 0
DEAN FOODS CO NEW COM NEW 242370203 4,096 249,781 PRN   SOLE 0 249,781 0 0
DELUXE CORP COM 248019101 14,419 215,789 SH   SOLE 0 215,789 0 0
DICKS SPORTING GOODS COM 253393102 6,050 106,661 SH   SOLE 0 106,661 0 0
DOVER CORP COM 260003108 1,175 15,957 SH   SOLE 0 15,957 0 0
DOW CHEM CO COM 260543103 373 7,205 SH   SOLE 0 7,205 0 0
DU PONT E I DE NEMOURS COM 263534109 288 4,297 SH   SOLE 0 4,297 0 0
DUKE ENERGY CORP COM 26441C204 5,860 73,212 SH   SOLE 0 73,212 0 0
E.W. SCRIPPS COM 811054402 6,276 394,739 SH   SOLE 0 394,739 0 0
EATON CORP SHS G29183103 3,713 56,509 PRN   SOLE 0 56,509 0 0
EDUCATION RLTY TR INC COM 28140H203 9,356 216,872 SH   SOLE 0 216,872 0 0
EMCOR GROUP INC COM 29084Q100 5,755 96,528 SH   SOLE 0 96,528 0 0
EMMIS COMMUNICTNS CORP CL A 291525103 304 75,078 PRN   SOLE 0 75,078 0 0
ENDURANCE SPECIALTY HOLDINGS LTD. SHS G30397106 3,219 49,186 PRN   SOLE 0 49,186 0 0
ENTERCOM COMM CORP CL A 293639100 7,828 604,935 PRN   SOLE 0 604,935 0 0
EQUITY LIFESTYLE PPTYS COM 29472R108 1,004 13,015 SH   SOLE 0 13,015 0 0
EQUITY RESIDENTIAL COM 29476L107 583 9,057 SH   SOLE 0 9,057 0 0
ESSEX PROPERTY TRUST COM 297178105 934 4,194 SH   SOLE 0 4,194 0 0
ESTERLINE TECHNOLOGIES COM 297425100 6,734 88,557 SH   SOLE 0 88,557 0 0
EXTRA SPACE STORAGE COM 30225T102 1,612 20,297 SH   SOLE 0 20,297 0 0
EXXON MOBIL CORP COM 30231G102 11,453 131,227 SH   SOLE 0 131,227 0 0
F M C CORP COM NEW 302491303 3,887 80,401 PRN   SOLE 0 80,401 0 0
FEDERAL REALTY INVT TR COM 313747206 409 2,655 SH   SOLE 0 2,655 0 0
FERRO CORP COM 315405100 9,270 671,269 SH   SOLE 0 671,269 0 0
FIRST INDUSTRIAL RLTY COM 32054K103 10,837 384,033 SH   SOLE 0 384,033 0 0
FIRST REP BK SAN COM 33616C100 5,006 64,916 SH   SOLE 0 64,916 0 0
FNB CORP COM 302520101 3,417 277,831 SH   SOLE 0 277,831 0 0
GALLAGHER ARTHUR J &CO COM 363576109 4,619 90,792 SH   SOLE 0 90,792 0 0
GAMESTOP CORP NEW CL A 36467W109 8,821 319,721 PRN   SOLE 0 319,721 0 0
GENERAL ELEC CO COM 369604103 7,182 242,462 SH   SOLE 0 242,462 0 0
GIBRALTAR INDS INC COM 374689107 12,597 339,085 SH   SOLE 0 339,085 0 0
GILEAD SCIENCES INC COM 375558103 543 6,862 SH   SOLE 0 6,862 0 0
GLOBAL BRASS & COPPER HOLDINGS INC. COM 37953G103 1,206 41,748 SH   SOLE 0 41,748 0 0
GOLDMAN SACHS GROUP COM 38141G104 4,710 29,207 SH   SOLE 0 29,207 0 0
GREAT PLAINS ENERGY COM 391164100 5,627 206,195 SH   SOLE 0 206,195 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG S&P SPINOFF 18383M605 1,474 34,382 PRN   SOLE 0 34,382 0 0
HARMAN INTL INDS INC COM 413086109 5,036 59,636 SH   SOLE 0 59,636 0 0
HCA INC COM 40412C101 3,120 41,254 SH   SOLE 0 41,254 0 0
HD SUPPLY HOLDINGS INC COM 40416M105 3,682 115,123 SH   SOLE 0 115,123 0 0
HEALTHCARE RLTY TR COM 421946104 5,271 154,755 SH   SOLE 0 154,755 0 0
HEARTLAND FINL USA INC COM 42234Q102 9,758 270,540 SH   SOLE 0 270,540 0 0
HERBALIFE LTD COM G4412G101 3,184 51,359 SH   SOLE 0 51,359 0 0
HERITAGE COMMERCE CORP COM 426927109 5,880 537,464 SH   SOLE 0 537,464 0 0
HERITAGE FINANCIAL CORP COM 42722X106 7,673 427,468 SH   SOLE 0 427,468 0 0
HERITAGE OAKS BANCORP COM 42724R107 9,529 1,162,024 SH   SOLE 0 1,162,024 0 0
HUDSON PACIFIC PROPERTIES, INC. COM 444097109 11,847 360,421 SH   SOLE 0 360,421 0 0
IBERIABANK CORP COM 450828108 15,463 230,379 SH   SOLE 0 230,379 0 0
IDACORP INC COM 451107106 6,286 80,297 SH   SOLE 0 80,297 0 0
INTEGRATED DEVICE TECH COM 458118106 5,236 226,668 SH   SOLE 0 226,668 0 0
INTEL CORP COM 458140100 971 25,711 SH   SOLE 0 25,711 0 0
ISHARES TR INTL DEV RE ETF 464288489 833 27,625 PRN   SOLE 0 27,625 0 0
ISHARES TR US PFD STK ETF 464288687 5,821 147,378 PRN   SOLE 0 147,378 0 0
ISHARES TR US REAL ES ETF 464287739 855 10,599 PRN   SOLE 0 10,599 0 0
JC PENNEY INC COM 708160106 9,922 1,076,182 SH   SOLE 0 1,076,182 0 0
JOHNSON & JOHNSON COM 478160104 5,855 49,568 SH   SOLE 0 49,568 0 0
JPMORGAN CHASE & CO COM 46625H100 10,271 154,240 SH   SOLE 0 154,240 0 0
KADANT INC COM 48282T104 5,986 114,870 SH   SOLE 0 114,870 0 0
KAISER ALUMINUM CORP COM 483007704 8,047 93,042 SH   SOLE 0 93,042 0 0
KAPSTONE PAPER & PACKAGING CORP COM 48562P103 6,866 362,875 SH   SOLE 0 362,875 0 0
KILROY REALTY CORP COM 49427F108 1,010 14,558 SH   SOLE 0 14,558 0 0
KIMCO REALTY CORP COM 49446R109 409 14,124 SH   SOLE 0 14,124 0 0
KINDER MORGAN INC KANS COM 49456B101 7,163 309,669 SH   SOLE 0 309,669 0 0
LABORATORY AMER HLDGS COM NEW 50540R409 252 1,835 PRN   SOLE 0 1,835 0 0
LANNET INC COM 516012101 5,965 224,510 SH   SOLE 0 224,510 0 0
MACERICH CO COM 554382101 336 4,157 SH   SOLE 0 4,157 0 0
MAGELLAN MIDSTREAM COM 559080106 279 3,950 SH   SOLE 0 3,950 0 0
MALLINCKRODT PLC SHS G5785G107 4,536 65,006 PRN   SOLE 0 65,006 0 0
MATERION CORP COM 576690101 5,441 177,170 SH   SOLE 0 177,170 0 0
MATTEL INC COM 577081102 4,644 153,375 SH   SOLE 0 153,375 0 0
MENTOR GRAPHICS CORP COM 587200106 7,022 265,579 SH   SOLE 0 265,579 0 0
MERCK & CO INC COM 58933Y105 4,664 74,726 SH   SOLE 0 74,726 0 0
MEREDITH CORP COM 589433101 8,950 172,150 SH   SOLE 0 172,150 0 0
METLIFE INC COM 59156R108 4,340 97,681 SH   SOLE 0 97,681 0 0
MICROSOFT CORP COM 594918104 1,057 18,358 SH   SOLE 0 18,358 0 0
MKS INSTRUMENT INC COM 55306N104 5,260 105,778 SH   SOLE 0 105,778 0 0
MYR GROUP INC COM 55405W104 9,926 329,752 SH   SOLE 0 329,752 0 0
NATIONAL CINEMEDIA COM 635309107 6,813 462,853 SH   SOLE 0 462,853 0 0
NATIONAL OILWELL VARCO COM 637071101 263 7,162 SH   SOLE 0 7,162 0 0
NATIONAL STORAGE AFFILIATES TRUST COM 637870106 10,283 491,057 SH   SOLE 0 491,057 0 0
NCR CORP NEW COM 62886E108 24,151 750,276 SH   SOLE 0 750,276 0 0
NEWELL RUBBERMAID INC COM 651229106 1,091 20,711 SH   SOLE 0 20,711 0 0
NOBLE ENRGY INC COM 655044105 6,773 189,498 SH   SOLE 0 189,498 0 0
NORFOLK SOUTHERN CORP COM 655844108 3,788 39,031 SH   SOLE 0 39,031 0 0
NORTHSTAR ASSET MANAGEMENT GROUP COM 66705y104 4,749 367,256 SH   SOLE 0 367,256 0 0
NORWEGIAN CRUISE LINE HOLDINGS LTD. SHS G66721104 4,258 112,939 PRN   SOLE 0 112,939 0 0
NXP SEMICONDUCTORS COM N6596X109 4,470 43,822 SH   SOLE 0 43,822 0 0
OFFICE DEPOT INC COM 676220106 9,804 2,746,272 SH   SOLE 0 2,746,272 0 0
ON ASSIGNMENT INC COM 682159108 4,436 122,243 SH   SOLE 0 122,243 0 0
ORBITAL ATK, INC COM 68557N103 3,423 44,904 SH   SOLE 0 44,904 0 0
PACIFIC PREMIER BANCORP COM 69478X105 11,481 433,900 SH   SOLE 0 433,900 0 0
PAREXEL INTL CORP COM 699462107 9,673 139,280 SH   SOLE 0 139,280 0 0
PARK STERLING BANK COM 70086Y105 7,627 939,268 SH   SOLE 0 939,268 0 0
PDC ENERGY COM 69327R101 12,522 186,735 SH   SOLE 0 186,735 0 0
PENUMBRA INC COM 70975L107 12,040 158,440 SH   SOLE 0 158,440 0 0
PEPSICO INC COM 713448108 1,745 16,042 SH   SOLE 0 16,042 0 0
PFIZER INC COM 717081103 7,003 206,752 SH   SOLE 0 206,752 0 0
PHARMERICA COM 71714F104 8,351 297,490 SH   SOLE 0 297,490 0 0
PHILIP MORRIS INTERNATIONAL INC COM 718172109 253 2,599 SH   SOLE 0 2,599 0 0
PHOTRONICS INC COM 719405102 5,030 487,881 SH   SOLE 0 487,881 0 0
PLEXUS CORP COM 729132100 10,524 224,964 SH   SOLE 0 224,964 0 0
PNM RES INC COM 69349H107 8,136 248,665 SH   SOLE 0 248,665 0 0
PORTLAND GENERAL COM 736508847 7,363 172,872 SH   SOLE 0 172,872 0 0
PROCTER & GAMBLE CO COM 742718109 5,787 64,481 SH   SOLE 0 64,481 0 0
PROGENICS PHARMA INC COM 743187106 10,084 1,593,088 SH   SOLE 0 1,593,088 0 0
PROGRESS SOFTWARE CORP COM 743312100 9,743 358,189 SH   SOLE 0 358,189 0 0
PROLOGIS COM 74340W103 4,457 83,242 SH   SOLE 0 83,242 0 0
PUBLIC STORAGE INC COM 74460D109 933 4,180 SH   SOLE 0 4,180 0 0
QTS REALTY TRUST INC COM 74736A103 6,422 121,507 SH   SOLE 0 121,507 0 0
QUALCOMM INC COM 747525103 332 4,842 SH   SOLE 0 4,842 0 0
RADIAN GROUP INC COM 750236101 15,437 1,139,278 SH   SOLE 0 1,139,278 0 0
RANGE RES CORP COM 75281A109 10,331 266,617 SH   SOLE 0 266,617 0 0
RAYTHEON CO COM NEW 755111507 458 3,363 PRN   SOLE 0 3,363 0 0
REGENCY CTRS CORP COM 758849103 609 7,854 SH   SOLE 0 7,854 0 0
REXFORD INDUSTRIAL REALTY COM 76169C100 12,152 530,901 SH   SOLE 0 530,901 0 0
RING ENERGY, INC. COM 76680V108 11,782 1,075,986 SH   SOLE 0 1,075,986 0 0
ROBERT HALF INTL INC COM 770323103 3,230 85,322 SH   SOLE 0 85,322 0 0
RUTH'S HOSPITALITY GROUP, INC. COM 783332109 7,464 528,597 SH   SOLE 0 528,597 0 0
SABRA HEALTH CARE REIT COM 78573L106 14,358 570,212 SH   SOLE 0 570,212 0 0
SCHLUMBERGER LTD COM 806857108 400 5,082 SH   SOLE 0 5,082 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 6,209 120,291 PRN   SOLE 0 120,291 0 0
SCHWAB STRATEGIC TR US REIT ETF 808524847 1,123 26,335 PRN   SOLE 0 26,335 0 0
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 206 3,578 PRN   SOLE 0 3,578 0 0
SCIENCE APPLICATIONS INTERNATIONAL COM 808625107 13,383 192,917 SH   SOLE 0 192,917 0 0
SCRIPPS NETWORKS INTERACTIVE INC COM 811065101 4,358 68,640 SH   SOLE 0 68,640 0 0
SELECTIVE INS GROUP COM 816300107 5,366 134,609 SH   SOLE 0 134,609 0 0
SENSIENT TECH CORP COM 81725T100 16,060 211,876 SH   SOLE 0 211,876 0 0
SERITAGE GROWTH PROPERTIES COM 81752R100 6,020 118,777 SH   SOLE 0 118,777 0 0
SHIRE PLC COM 82481R106 4,159 21,453 SH   SOLE 0 21,453 0 0
SIGNET JEWELERS LTD SHS G81276100 2,503 33,579 PRN   SOLE 0 33,579 0 0
SILICON MOTION TECHNOLOGY CORP COM 82706C108 7,280 140,571 SH   SOLE 0 140,571 0 0
SIMON PROPERTY GROUP COM 828806109 3,125 15,096 SH   SOLE 0 15,096 0 0
SINCLAIR BROADCAST GRP CL A 829226109 11,939 413,392 PRN   SOLE 0 413,392 0 0
SKECHERS U S A INC CL A 830566105 3,275 143,006 PRN   SOLE 0 143,006 0 0
SKYWEST INC COM 830879102 12,357 467,903 SH   SOLE 0 467,903 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 5,777 75,877 SH   SOLE 0 75,877 0 0
SL GREEN REALTY COM 78440X101 950 8,786 SH   SOLE 0 8,786 0 0
SOUTH JERSEY INDS INC COM 838518108 5,069 171,545 SH   SOLE 0 171,545 0 0
SOUTHERN CO COM 842587107 5,844 113,911 SH   SOLE 0 113,911 0 0
SOUTHWEST AIRLS CO COM 844741108 298 7,657 SH   SOLE 0 7,657 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 293 7,017 PRN   SOLE 0 7,017 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 990 4,579 PRN   SOLE 0 4,579 0 0
SPIRE, INC COM 84857L101 7,955 124,801 SH   SOLE 0 124,801 0 0
STAG INDUSTRIAL COM 85254J102 574 23,407 SH   SOLE 0 23,407 0 0
STANLEY BLACK & DECKER COM 854502101 6,633 53,937 SH   SOLE 0 53,937 0 0
STATE BANK & TRUST COM 856190103 11,333 497,071 SH   SOLE 0 497,071 0 0
SUN COMMUNITIES INC COM 866674104 15,929 202,972 SH   SOLE 0 202,972 0 0
SYNNEX CORP COM 87162W100 4,034 35,348 SH   SOLE 0 35,348 0 0
SYNOVUS FINL CORP COM 87161C501 9,817 301,787 SH   SOLE 0 301,787 0 0
TARGET CORP COM 87612E106 252 3,675 SH   SOLE 0 3,675 0 0
TE CONNECTIVITY LTD REG SHS H84989104 3,123 48,509 PRN   SOLE 0 48,509 0 0
TETRA TECH INC NEW COM 88162G103 15,378 433,540 SH   SOLE 0 433,540 0 0
TIMKEN CO COM 887389104 7,543 214,643 SH   SOLE 0 214,643 0 0
TOPBUILD CORP COM 89055F103 9,546 287,527 SH   SOLE 0 287,527 0 0
TOWER INTERNATIONAL, INC COM 891826109 5,170 214,506 SH   SOLE 0 214,506 0 0
TOWNE BANK COM 89214P109 5,163 214,863 SH   SOLE 0 214,863 0 0
TREEHOUSE FOODS INC COM 89469A104 8,277 94,934 SH   SOLE 0 94,934 0 0
TRICO BANCSHARES COM 896095106 10,118 377,949 SH   SOLE 0 377,949 0 0
UNILEVER NV COM 904784709 277 6,000 SH   SOLE 0 6,000 0 0
UNION PAC CORP COM 907818108 316 3,241 SH   SOLE 0 3,241 0 0
UNITED CMNTY BKS GA CAP STK COM 90984P303 15,701 746,956 SH   SOLE 0 746,956 0 0
UNITED CONTINENTAL HOLDINGS, INC. COM 910047109 2,150 40,971 SH   SOLE 0 40,971 0 0
UNITEDHEALTH GROUP INC COM 91324P102 329 2,348 SH   SOLE 0 2,348 0 0
URBAN OUTFITTERS COM 917047102 5,492 159,107 SH   SOLE 0 159,107 0 0
USANA HEALTH SCIENCES COM 90328M107 5,419 39,169 SH   SOLE 0 39,169 0 0
VASCO DATA SECURITY INTERNATIONAL, INC COM 92230Y104 4,701 266,958 SH   SOLE 0 266,958 0 0
VENTAS INC COM 92276F100 1,000 14,158 SH   SOLE 0 14,158 0 0
VEREIT INC COM 92339V100 4,157 401,278 SH   SOLE 0 401,278 0 0
VERIFONE COM 92342Y109 5,504 349,705 SH   SOLE 0 349,705 0 0
VERINT SYS INC COM 92343X100 8,051 213,949 SH   SOLE 0 213,949 0 0
VERIZON COMMUNICATIONS COM 92343V104 5,061 97,355 SH   SOLE 0 97,355 0 0
VORNADO RLTY TR SH BEN INT 929042109 3,702 36,574 PRN   SOLE 0 36,574 0 0
WABASH NATL CORP COM 929566107 9,868 692,971 SH   SOLE 0 692,971 0 0
WAL MART STORES INC COM 931142103 559 7,756 SH   SOLE 0 7,756 0 0
WALT DISNEY CO COM 254687106 1,471 15,836 SH   SOLE 0 15,836 0 0
WEB.COM GROUP INC COM 94733A104 3,593 208,075 SH   SOLE 0 208,075 0 0
WELLS FARGO & CO COM 949746101 721 16,281 SH   SOLE 0 16,281 0 0
WELLTOWER INC COM 95040Q104 811 10,849 SH   SOLE 0 10,849 0 0
WESTROCK CO COM 96145D105 4,044 83,414 SH   SOLE 0 83,414 0 0
WILLIAMS SONOMA INC COM 969904101 2,269 44,416 SH   SOLE 0 44,416 0 0
WINTRUST FINL CORP COM 97650W108 11,855 213,328 SH   SOLE 0 213,328 0 0
YADKIN FINANCIAL CORPORATION COM 984305102 15,235 579,485 SH   SOLE 0 579,485 0 0