-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ECcGCqUTCE4XLhTDGNS1febZc9mkakKQnFo0DsWk9G6aUwjE8V/Kek8Qa9k3avV0 +4u4l5dvDoSPI2693a6kEQ== 0001172661-09-001487.txt : 20091109 0001172661-09-001487.hdr.sgml : 20091109 20091109085420 ACCESSION NUMBER: 0001172661-09-001487 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090930 FILED AS OF DATE: 20091109 DATE AS OF CHANGE: 20091109 EFFECTIVENESS DATE: 20091109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEPRINCE RACE & ZOLLO INC CENTRAL INDEX KEY: 0001008894 IRS NUMBER: 593299598 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05268 FILM NUMBER: 091166681 BUSINESS ADDRESS: STREET 1: 250 PARK AVENUE SOUTH STREET 2: SUITE 250 CITY: WINTER PARK STATE: FL ZIP: 32789 BUSINESS PHONE: 4074209903 MAIL ADDRESS: STREET 1: 250 PARK AVENUE SOUTH STREET 2: SUITE 250 CITY: WINTER PARK STATE: FL ZIP: 32789 13F-HR 1 drz3q09.txt FORM 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2009 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: DePrince Race & Zollo, Inc. Address: 250 Park Avenue South Suite 250 Winter Park, FL 32789 13F File Number: 28-05268 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Constance A. Lowry Title: Chief Financial Officer Phone: 407-420-9903 Signature, Place, and Date of Signing: /s/ Constance A. Lowry Winter Park, FL November 09, 2009 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Form 13F File Number Name 28-01190 Russell Company FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 305 Form13F Information Table Value Total: $3,580,147 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M CO COM 88579Y101 25454 344900 SH SOLE 344900 0 0 ABBOTT LABS COM 002824100 47219 954500 SH SOLE 954500 0 0 ACETO CORP COM 004446100 2663 402278 SH SOLE 402278 0 0 ADAMS RES & ENERGY INC COM NEW 006351308 1235 61592 SH SOLE 61592 0 0 ADMINISTAFF INC COM 007094105 10774 410144 SH SOLE 410144 0 0 ALAMO GROUP INC COM 011311107 3374 213560 SH SOLE 213560 0 0 ALEXANDER & BALDWIN INC COM 014482103 7245 225761 SH SOLE 225761 0 0 ALLEGIANT TRAVEL CO COM 01748X102 942 24733 SH SOLE 24733 0 0 ALLETE INC COM NEW 018522300 11755 350163 SH SOLE 350163 0 0 ALLIANT ENERGY CORP COM 018802108 28329 1017200 SH SOLE 1017200 0 0 ALLSTATE CORP COM 020002101 48040 1568900 SH SOLE 1568900 0 0 AMERICAN AXLE & MFG HLDGS IN COM 024061103 3788 535000 SH SOLE 535000 0 0 AMERICAN EAGLE OUTFITTERS NE COM 02553E106 10341 613337 SH SOLE 613337 0 0 AMERICAN ECOLOGY CORP COM NEW 025533407 3387 181100 SH SOLE 181100 0 0 AMERICAN SOFTWARE INC CL A 029683109 1636 250524 SH SOLE 250524 0 0 AMERICAN VANGUARD CORP COM 030371108 1054 126838 SH SOLE 126838 0 0 AMERICAN WOODMARK CORP COM 030506109 2425 125364 SH SOLE 125364 0 0 AMERICAN WTR WKS CO INC NEW COM 030420103 35788 1794800 SH SOLE 1794800 0 0 AMERISTAR CASINOS INC COM 03070Q101 1180 74803 SH SOLE 74803 0 0 AMR CORP COM 001765106 2783 350000 SH SOLE 350000 0 0 ANALOGIC CORP COM PAR $0.05 032657207 5156 139263 SH SOLE 139263 0 0 ANNALY CAP MGMT INC COM 035710409 4832 266365 SH SOLE 266365 0 0 ANWORTH MORTGAGE ASSET CP COM 037347101 4019 510000 SH SOLE 510000 0 0 ARCH COAL INC COM 039380100 51244 2315600 SH SOLE 2315600 0 0 ARVINMERITOR INC COM 043353101 6869 878400 SH SOLE 878400 0 0 AUTOMATIC DATA PROCESSING IN COM 053015103 42888 1091300 SH SOLE 1091300 0 0 AUTONATION INC COM 05329W102 298 16500 SH SOLE 16500 0 0 AVERY DENNISON CORP COM 053611109 39250 1089988 SH SOLE 1089988 0 0 AVX CORP NEW COM 002444107 9645 808434 SH SOLE 808434 0 0 BALDOR ELEC CO COM 057741100 6526 238680 SH SOLE 238680 0 0 BALDWIN & LYONS INC CL B 057755209 2602 110974 SH SOLE 110974 0 0 BANCORP INC DEL COM 05969A105 641 112102 SH SOLE 112102 0 0 BANK OF AMERICA CORPORATION COM 060505104 2115 125000 SH SOLE 125000 0 0 BANK OF NEW YORK MELLON CORP COM 064058100 45702 1576490 SH SOLE 1576490 0 0 BARNES GROUP INC COM 067806109 9223 539700 SH SOLE 539700 0 0 BARNWELL INDS INC COM 068221100 1988 457037 SH SOLE 457037 0 0 BARRY R G CORP OHIO COM 068798107 3231 415290 SH SOLE 415290 0 0 BEBE STORES INC COM 075571109 11351 1542200 SH SOLE 1542200 0 0 BEL FUSE INC CL B 077347300 4224 221941 SH SOLE 221941 0 0 BERKSHIRE HILLS BANCORP INC COM 084680107 2137 97422 SH SOLE 97422 0 0 BLACK HILLS CORP COM 092113109 7010 278501 SH SOLE 278501 0 0 BLACKSTONE GROUP L P COM UNIT LTD 09253U108 2840 200000 SH SOLE 200000 0 0 BLOCK H & R INC COM 093671105 26436 1438285 SH SOLE 1438285 0 0 BOEING CO COM 097023105 40055 739700 SH SOLE 739700 0 0 BRINKS CO COM 109696104 8746 325000 SH SOLE 325000 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 21224 942430 SH SOLE 942430 0 0 BROOKLINE BANCORP INC DEL COM 11373m107 4451 457973 SH SOLE 457973 0 0 BROOKLYN FEDERAL BANCORP INC COM 114039100 1207 98951 SH SOLE 98951 0 0 BRYN MAWR BK CORP COM 117665109 2195 125623 SH SOLE 125623 0 0 C D I CORP COM 125071100 1568 111578 SH SOLE 111578 0 0 CABOT CORP COM 127055101 30824 1333806 SH SOLE 1333806 0 0 CAPLEASE INC COM 140288101 1064 263954 SH SOLE 263954 0 0 CARPENTER TECHNOLOGY CORP COM 144285103 8885 379848 SH SOLE 379848 0 0 CASTLE A M & CO COM 148411101 2562 257700 SH SOLE 257700 0 0 CENTRAL VT PUB SVC CORP COM 155771108 1575 81600 SH SOLE 81600 0 0 CHASE CORP COM 16150R104 1300 111150 SH SOLE 111150 0 0 CHEROKEE INC DEL NEW COM 16444H102 3878 161778 SH SOLE 161778 0 0 CHEVRON CORP NEW COM 166764100 54574 774871 SH SOLE 774871 0 0 CHRISTOPHER & BANKS CORP COM 171046105 1875 276998 SH SOLE 276998 0 0 CHURCHILL DOWNS INC COM 171484108 6198 160997 SH SOLE 160997 0 0 CINEMARK HOLDINGS INC COM 17243v102 865 83481 SH SOLE 83481 0 0 CITIGROUP INC COM 172967101 4356 900000 SH SOLE 900000 0 0 CKE RESTAURANTS INC COM 12561E105 10381 989650 SH SOLE 989650 0 0 CLARCOR INC COM 179895107 10719 341800 SH SOLE 341800 0 0 COGNEX CORP COM 192422103 12972 791919 SH SOLE 791919 0 0 COHU INC COM 192576106 12912 952237 SH SOLE 952237 0 0 COLUMBIA SPORTSWEAR CO COM 198516106 6095 148083 SH SOLE 148083 0 0 CONNECTICUT WTR SVC INC COM 207797101 993 44354 SH SOLE 44354 0 0 CONOCOPHILLIPS COM 20825C104 41024 908416 SH SOLE 908416 0 0 CONTINENTAL AIRLS INC CL B 210795308 3124 190000 SH SOLE 190000 0 0 CORPORATE EXECUTIVE BRD CO COM 21988R102 9255 371700 SH SOLE 371700 0 0 CRANE CO COM 224399105 9222 357300 SH SOLE 357300 0 0 CRH PLC ADR 12626k203 311 11200 SH SOLE 11200 0 0 CURTISS WRIGHT CORP COM 231561101 10539 308776 SH SOLE 308776 0 0 CYPRESS SHARPRIDGE INVTS INC COM 23281A307 4742 333909 SH SOLE 333909 0 0 DAKTRONICS INC COM 234264109 2118 247125 SH SOLE 247125 0 0 DANA HOLDING CORP COM 235825205 7008 1029140 SH SOLE 1029140 0 0 DELEK US HLDGS INC COM 246647101 1683 196347 SH SOLE 196347 0 0 DELPHI FINL GROUP INC CL A 247131105 5298 234100 SH SOLE 234100 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 1792 200000 SH SOLE 200000 0 0 DIEBOLD INC COM 253651103 13412 407300 SH SOLE 407300 0 0 DIME CMNTY BANCSHARES COM 253922108 4492 392988 SH SOLE 392988 0 0 DIREXION SHS ETF TR 30YR BEAR ETF 25459W532 1517 25000 SH SOLE 25000 0 0 DONNELLEY R R & SONS CO COM 257867101 25065 1178968 SH SOLE 1178968 0 0 DOW CHEM CO COM 260543103 32609 1250836 SH SOLE 1250836 0 0 DUCOMMUN INC DEL COM 264147109 2887 152693 SH SOLE 152693 0 0 DUFF & PHELPS CORP NEW CL A 26433B107 13086 683000 SH SOLE 683000 0 0 E TRADE FINANCIAL CORP COM 269246104 1225 700000 SH SOLE 700000 0 0 EASTERN INS HLDGS INC COM 276534104 3066 321767 SH SOLE 321767 0 0 ELECTRO RENT CORP COM 285218103 4014 348407 SH SOLE 348407 0 0 EMERSON ELEC CO COM 291011104 48002 1197666 SH SOLE 1197666 0 0 ENERGY XXI (BERMUDA) LTD COM SHS g10082108 1885 1216196 SH SOLE 1216196 0 0 ETHAN ALLEN INTERIORS INC COM 297602104 8793 532891 SH SOLE 532891 0 0 EXELON CORP COM 30161N101 25847 520900 SH SOLE 520900 0 0 EXXON MOBIL CORP COM 30231g102 60363 879800 SH SOLE 879800 0 0 FARMER BROS CO COM 307675108 1233 59586 SH SOLE 59586 0 0 FEDERAL SIGNAL CORP COM 313855108 2028 282100 SH SOLE 282100 0 0 FIFTH THIRD BANCORP COM 316773100 1773 175000 SH SOLE 175000 0 0 FINISH LINE INC CL A 317923100 6736 663000 SH SOLE 663000 0 0 FIRST FINL BANCORP OH COM 320209109 1462 121355 SH SOLE 121355 0 0 FIRST NIAGARA FINL GP INC COM 33582V108 10968 889550 SH SOLE 889550 0 0 FLOWERS FOODS INC COM 343498101 1840 70000 SH SOLE 70000 0 0 FLUSHING FINL CORP COM 343873105 2626 230312 SH SOLE 230312 0 0 FOOT LOCKER INC COM 344849104 28583 2391900 SH SOLE 2391900 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 2524 350000 SH SOLE 350000 0 0 FORTUNE BRANDS INC COM 349631101 17531 407895 SH SOLE 407895 0 0 FORWARD AIR CORP COM 349853101 8020 346433 SH SOLE 346433 0 0 FRIEDMAN INDS INC COM 358435105 1173 195427 SH SOLE 195427 0 0 FRONTIER COMMUNICATIONS CORP COM 35906A108 28194 3739268 SH SOLE 3739268 0 0 FRONTIER OIL CORP COM 35914p105 10295 739600 SH SOLE 739600 0 0 FROZEN FOOD EXPRESS INDS INC COM 359360104 1986 677657 SH SOLE 677657 0 0 FULL HOUSE RESORTS INC COM 359678109 397 146400 SH SOLE 146400 0 0 FULLER H B CO COM 359694106 3338 159700 SH SOLE 159700 0 0 G & K SVCS INC CL A 361268105 7546 340533 SH SOLE 340533 0 0 G-III APPAREL GROUP LTD COM 36237H101 2752 194518 SH SOLE 194518 0 0 GARMIN LTD ORD G37260109 40292 1067616 SH SOLE 1067616 0 0 GENERAL ELECTRIC CO COM 369604103 40006 2436431 SH SOLE 2436431 0 0 GENERAL MLS INC COM 370334104 13494 209600 SH SOLE 209600 0 0 GENWORTH FINL INC COM CL A 37247D106 4449 372300 SH SOLE 372300 0 0 GLACIER BANCORP INC NEW COM 37637Q105 5020 336042 SH SOLE 336042 0 0 GLG PARTNERS INC COM 37929X107 1108 275000 SH SOLE 275000 0 0 GLOBAL SHIP LEASE INC NEW SHS A Y27183105 3318 2060736 SH SOLE 2060736 0 0 GLOBAL SHIP LEASE INC NEW *W EXP 08/24/201 Y27183113 321 6428345 SH SOLE 6428345 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 4977 27000 SH SOLE 27000 0 0 GRANITE CONSTR INC COM 387328107 11475 370874 SH SOLE 370874 0 0 GREAT LAKES DREDGE & DOCK CO COM 390607109 2524 361672 SH SOLE 361672 0 0 GREAT PLAINS ENERGY INC COM 391164100 26334 1467100 SH SOLE 1467100 0 0 HANCOCK HLDG CO COM 410120109 6890 183389 SH SOLE 183389 0 0 HARDINGE INC COM 412324303 1123 181085 SH SOLE 181085 0 0 HARRIS CORP DEL COM 413875105 41089 1092800 SH SOLE 1092800 0 0 HAWAIIAN ELEC INDUSTRIES COM 419870100 8544 471500 SH SOLE 471500 0 0 HEIDRICK & STRUGGLES INTL IN COM 422819102 3276 140854 SH SOLE 140854 0 0 HERITAGE FINL GROUP COM 42725U109 1067 128808 SH SOLE 128808 0 0 HILLENBRAND INC COM 431571108 4729 232175 SH SOLE 232175 0 0 HOME DEPOT INC COM 437076102 1332 50000 SH SOLE 50000 0 0 HONEYWELL INTL INC COM 438516106 47924 1290000 SH SOLE 1290000 0 0 HORACE MANN EDUCATORS CORP N COM 440327104 8502 608600 SH SOLE 608600 0 0 HOUSTON WIRE & CABLE CO COM 44244K109 3536 319955 SH SOLE 319955 0 0 IBERIABANK CORP COM 450828108 6541 143560 SH SOLE 143560 0 0 ICONIX BRAND GROUP INC COM 451055107 323 25876 SH SOLE 25876 0 0 IDEX CORP COM 45167r104 6809 243600 SH SOLE 243600 0 0 INDEPENDENT BANK CORP MASS COM 453836108 7248 327537 SH SOLE 327537 0 0 INSTEEL INDUSTRIES INC COM 45774W108 2145 179477 SH SOLE 179477 0 0 INTER PARFUMS INC COM 458334109 1998 163600 SH SOLE 163600 0 0 INTERNATIONAL GAME TECHNOLOG COM 459902102 2148 100000 SH SOLE 100000 0 0 INVESCO MORTGAGE CAPITAL INC COM 46131B100 1743 79750 SH SOLE 79750 0 0 JABIL CIRCUIT INC COM 466313103 32041 2389370 SH SOLE 2389370 0 0 JMP GROUP INC COM 46629U107 1317 136292 SH SOLE 136292 0 0 JOHNSON CTLS INC COM 478366107 2237 87500 SH SOLE 87500 0 0 JPMORGAN CHASE & CO COM 46625h100 43121 984042 SH SOLE 984042 0 0 KAISER ALUMINUM CORP COM PAR $0.01 483007704 2379 65432 SH SOLE 65432 0 0 KAMAN CORP COM 483548103 10238 465806 SH SOLE 465806 0 0 KAYDON CORP COM 486587108 10631 327900 SH SOLE 327900 0 0 KB FINANCIAL GROUP INC SPONSORED ADR 48241a105 252 4900 SH SOLE 4900 0 0 KEITHLEY INSTRS INC COM 487584104 2606 470435 SH SOLE 470435 0 0 KENNAMETAL INC COM 489170100 6956 282663 SH SOLE 282663 0 0 KEYCORP NEW COM 493267108 35954 5531394 SH SOLE 5531394 0 0 KIMBALL INTL INC CL B 494274103 570 74743 SH SOLE 74743 0 0 KMG CHEMICALS INC COM 482564101 858 77367 SH SOLE 77367 0 0 KONINKLIJKE PHILIPS ELECTRS NY REG SH NEW 500472303 28991 1190100 SH SOLE 1190100 0 0 KRAFT FOODS INC CL A 50075n104 26312 1001600 SH SOLE 1001600 0 0 LACLEDE GROUP INC COM 505597104 5686 176815 SH SOLE 176815 0 0 LAS VEGAS SANDS CORP COM 517834107 674 40000 SH SOLE 40000 0 0 LIFE PARTNERS HOLDINGS INC COM 53215T106 2296 128267 SH SOLE 128267 0 0 LOCKHEED MARTIN CORP COM 539830109 13227 169400 SH SOLE 169400 0 0 LORILLARD INC COM 544147101 24535 330216 SH SOLE 330216 0 0 LSI INDS INC COM 50216C108 2507 377051 SH SOLE 377051 0 0 MARATHON OIL CORP COM 565849106 51240 1606257 SH SOLE 1606257 0 0 MARSH & MCLENNAN COS INC COM 571748102 54062 2186100 SH SOLE 2186100 0 0 MARSHALL & ILSLEY CORP NEW COM 571837103 1412 175000 SH SOLE 175000 0 0 MASCO CORP COM 574599106 23218 1797071 SH SOLE 1797071 0 0 MCCORMICK & CO INC COM NON VTG 579780206 2616 77085 SH SOLE 77085 0 0 MDU RES GROUP INC COM 552690109 27660 1326605 SH SOLE 1326605 0 0 MELCO CROWN ENTMT LTD ADR 585464100 1288 185000 SH SOLE 185000 0 0 MERCURY GENL CORP NEW COM 589400100 37128 1026207 SH SOLE 1026207 0 0 MET PRO CORP COM 590876306 3327 343332 SH SOLE 343332 0 0 MGIC INVT CORP WIS COM 552848103 2779 375000 SH SOLE 375000 0 0 MICREL INC COM 594793101 10651 1306816 SH SOLE 1306816 0 0 MIDDLEBURG FINANCIAL CORP COM 596094102 2183 167312 SH SOLE 167312 0 0 MOOG INC CL A 615394202 738 25000 SH SOLE 25000 0 0 MORGAN STANLEY COM NEW 617446448 51899 1680660 SH SOLE 1680660 0 0 MTS SYS CORP COM 553777103 2363 80904 SH SOLE 80904 0 0 MUELLER WTR PRODS INC COM SER A 624758108 8034 1466100 SH SOLE 1466100 0 0 MULTI COLOR CORP COM 625383104 2285 148113 SH SOLE 148113 0 0 NASH FINCH CO COM 631158102 3721 136103 SH SOLE 136103 0 0 NATIONAL FINL PARTNERS CORP COM 63607P208 3155 361803 SH SOLE 361803 0 0 NATIONAL INTERSTATE CORP COM 63654U100 2310 132020 SH SOLE 132020 0 0 NAVIOS MARITIME HOLDINGS INC COM Y62196103 1866 380073 SH SOLE 380073 0 0 NEW YORK CMNTY BANCORP INC COM 649445103 36391 3186600 SH SOLE 3186600 0 0 NEWALLIANCE BANCSHARES INC COM 650203102 8862 828200 SH SOLE 828200 0 0 NEWELL RUBBERMAID INC COM 651229106 2510 160000 SH SOLE 160000 0 0 NOKIA CORP SPONSORED ADR 654902204 29215 1998300 SH SOLE 1998300 0 0 NORFOLK SOUTHERN CORP COM 655844108 25715 596500 SH SOLE 596500 0 0 NORTHROP GRUMMAN CORP COM 666807102 45415 877593 SH SOLE 877593 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 23956 305561 SH SOLE 305561 0 0 OLD NATL BANCORP IND COM 680033107 13276 1185400 SH SOLE 1185400 0 0 OLIN CORP COM PAR $1 680665205 13940 799285 SH SOLE 799285 0 0 ORIENTAL FINL GROUP INC COM 68618W100 3465 272810 SH SOLE 272810 0 0 PALL CORP COM 696429307 936 29006 SH SOLE 29006 0 0 PANHANDLE OIL AND GAS INC CL A 698477106 1601 74954 SH SOLE 74954 0 0 PARKER HANNIFIN CORP COM 701094104 20311 391800 SH SOLE 391800 0 0 PEARSON PLC SPONSORED ADR 705015105 126 10100 SH SOLE 10100 0 0 PENN VA CORP COM 707882106 4584 200066 SH SOLE 200066 0 0 PENNEY J C INC COM 708160106 34479 1021600 SH SOLE 1021600 0 0 PEOPLES FINL CORP MISS COM 71103B102 726 39031 SH SOLE 39031 0 0 PEPCO HOLDINGS INC COM 713291102 26329 1769400 SH SOLE 1769400 0 0 PEPSICO INC COM 713448108 50107 854200 SH SOLE 854200 0 0 PERKINELMER INC COM 714046109 2122 110300 SH SOLE 110300 0 0 PHILIP MORRIS INTL INC COM 718172109 224 4600 SH SOLE 4600 0 0 PHOENIX COS INC NEW COM 71902e109 1788 550000 SH SOLE 550000 0 0 PIEDMONT NAT GAS INC COM 720186105 10356 432600 SH SOLE 432600 0 0 PITNEY BOWES INC COM 724479100 46954 1889508 SH SOLE 1889508 0 0 PLUM CREEK TIMBER CO INC COM 729251108 31575 1030500 SH SOLE 1030500 0 0 PNC FINL SVCS GROUP INC COM 693475105 59560 1225761 SH SOLE 1225761 0 0 POPULAR INC COM 733174106 3679 1300000 SH SOLE 1300000 0 0 PORTEC RAIL PRODS INC COM 736212101 1595 168041 SH SOLE 168041 0 0 PORTER BANCORP INC COM 736233107 2346 143905 SH SOLE 143905 0 0 PPL CORP COM 69351T106 15804 520900 SH SOLE 520900 0 0 PREFORMED LINE PRODS CO COM 740444104 674 16829 SH SOLE 16829 0 0 PRICESMART INC COM 741511109 2981 159000 SH SOLE 159000 0 0 PROCTER & GAMBLE CO COM 742718109 58641 1012456 SH SOLE 1012456 0 0 PROSHARES TR PSHS ULTSH 20YRS 74347R297 1980 45000 SH SOLE 45000 0 0 PROSPECT CAPITAL CORPORATION COM 74348t102 3420 380000 SH SOLE 380000 0 0 PROSPERITY BANCSHARES INC COM 743606105 5054 145273 SH SOLE 145273 0 0 PROVIDENT FINL SVCS INC COM 74386t105 549 53401 SH SOLE 53401 0 0 PROVIDENT NEW YORK BANCORP COM 744028101 1502 157278 SH SOLE 157278 0 0 PRUDENTIAL PLC ADR 74435K204 275 14300 SH SOLE 14300 0 0 PSYCHEMEDICS CORP COM NEW 744375205 2272 366460 SH SOLE 366460 0 0 PZENA INVESTMENT MGMT INC CLASS A 74731Q103 1852 226669 SH SOLE 226669 0 0 RADIOSHACK CORP COM 750438103 10225 617100 SH SOLE 617100 0 0 RALCORP HLDGS INC NEW COM 751028101 1173 20064 SH SOLE 20064 0 0 RAMCO-GERSHENSON PPTYS TR COM SH BEN INT 751452202 9357 1049000 SH SOLE 1049000 0 0 REGIONS FINANCIAL CORP NEW COM 7591EP100 1615 260000 SH SOLE 260000 0 0 RENAISSANCE LEARNING INC COM 75968L105 1091 109750 SH SOLE 109750 0 0 RICHARDSON ELECTRS LTD COM 763165107 5311 1041312 SH SOLE 1041312 0 0 ROCKWELL AUTOMATION INC COM 773903109 24301 570447 SH SOLE 570447 0 0 RPC INC COM 749660106 8543 815179 SH SOLE 815179 0 0 RPM INTL INC COM 749685103 10695 578400 SH SOLE 578400 0 0 SAFEWAY INC COM NEW 786514208 55072 2792700 SH SOLE 2792700 0 0 SAKS INC COM 79377W108 171 25000 SH SOLE 25000 0 0 SCBT FINANCIAL CORP COM 78401V102 2543 90500 SH SOLE 90500 0 0 SELECTIVE INS GROUP INC COM 816300107 5883 374015 SH SOLE 374015 0 0 SHENANDOAH TELECOMMUNICATION COM 82312B106 2589 144229 SH SOLE 144229 0 0 SKYLINE CORP COM 830830105 2150 95313 SH SOLE 95313 0 0 SLM CORP COM 78442P106 1744 200000 SH SOLE 200000 0 0 SMITHTOWN BANCORP INC COM 832449102 2033 176196 SH SOLE 176196 0 0 SNAP ON INC COM 833034101 10741 309000 SH SOLE 309000 0 0 SONIC AUTOMOTIVE INC CL A 83545G102 788 75000 SH SOLE 75000 0 0 SOUTH FINL GROUP INC COM 837841105 1646 1120000 SH SOLE 1120000 0 0 SOUTHWEST GAS CORP COM 844895102 8553 334352 SH SOLE 334352 0 0 SPORT SUPPLY GROUP INC DEL COM 84916A104 3260 319953 SH SOLE 319953 0 0 SPX CORP COM 784635104 25650 418641 SH SOLE 418641 0 0 STANDEX INTL CORP COM 854231107 2293 115613 SH SOLE 115613 0 0 STATE BANCORP INC N.Y COM 855716106 1549 183293 SH SOLE 183293 0 0 STERIS CORP COM 859152100 14186 465884 SH SOLE 465884 0 0 STERLING BANCORP COM 859158107 519 71900 SH SOLE 71900 0 0 STERLING BANCSHARES INC COM 858907108 4338 593407 SH SOLE 593407 0 0 STEWART ENTERPRISES INC CL A 860370105 12633 2415453 SH SOLE 2415453 0 0 SUN HYDRAULICS CORP COM 866942105 607 28843 SH SOLE 28843 0 0 SUNOCO INC COM 86764p109 20866 733426 SH SOLE 733426 0 0 SUNTRUST BKS INC COM 867914103 57164 2534994 SH SOLE 2534994 0 0 SUSSER HLDGS CORP COM 869233106 361 28691 SH SOLE 28691 0 0 SWS GROUP INC COM 78503N107 3246 225384 SH SOLE 225384 0 0 SYNOVUS FINL CORP COM 87161C105 938 250000 SH SOLE 250000 0 0 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 209 19045 SH SOLE 19045 0 0 TALBOTS INC COM 874161102 923 100000 SH SOLE 100000 0 0 TECHNITROL INC COM 878555101 3456 375219 SH SOLE 375219 0 0 TELEFLEX INC COM 879369106 45860 949282 SH SOLE 949282 0 0 TENNECO INC COM 880349105 837 64200 SH SOLE 64200 0 0 TESORO CORP COM 881609101 6080 405900 SH SOLE 405900 0 0 TIMKEN CO COM 887389104 25938 1107057 SH SOLE 1107057 0 0 TRINITY INDS INC COM 896522109 6991 406700 SH SOLE 406700 0 0 TWIN DISC INC COM 901476101 2103 168619 SH SOLE 168619 0 0 U STORE IT TR COM 91274F104 877 140250 SH SOLE 140250 0 0 UNILEVER N V N Y SHS NEW 904784709 297 10300 SH SOLE 10300 0 0 UNITED CMNTY BKS BLAIRSVLE G CAP STK 90984P105 692 138300 SH SOLE 138300 0 0 UNITED FIRE & CAS CO COM 910331107 6608 369148 SH SOLE 369148 0 0 UNITED ONLINE INC COM 911268100 1260 156751 SH SOLE 156751 0 0 UNITED PARCEL SERVICE INC CL B 911312106 48039 850700 SH SOLE 850700 0 0 UNITED WESTN BANCORP INC COM 913201109 2753 693363 SH SOLE 693363 0 0 UNITIL CORP COM 913259107 1331 59280 SH SOLE 59280 0 0 UNIVERSAL CORP VA COM 913456109 3231 77268 SH SOLE 77268 0 0 VALE S A ADR REPSTG PFD 91912E204 224 10900 SH SOLE 10900 0 0 VALLEY NATL BANCORP COM 919794107 6497 528620 SH SOLE 528620 0 0 VALUE LINE INC COM 920437100 2329 75455 SH SOLE 75455 0 0 VEOLIA ENVIRONNEMENT SPONSORED ADR 92334N103 27179 706119 SH SOLE 706119 0 0 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 259 11500 SH SOLE 11500 0 0 VULCAN MATLS CO COM 929160109 50739 938400 SH SOLE 938400 0 0 W & T OFFSHORE INC COM 92922P106 8412 718385 SH SOLE 718385 0 0 WAINWRIGHT BK&TR CO BOSTON M COM 930705108 270 41197 SH SOLE 41197 0 0 WAL MART STORES INC COM 931142103 49429 1006900 SH SOLE 1006900 0 0 WASHINGTON FED INC COM 938824109 13709 813100 SH SOLE 813100 0 0 WASTE MGMT INC DEL COM 94106l109 44256 1484094 SH SOLE 1484094 0 0 WENDYS ARBYS GROUP INC COM 950587105 12138 2566100 SH SOLE 2566100 0 0 WET SEAL INC CL A 961840105 832 220000 SH SOLE 220000 0 0 WEYCO GROUP INC COM 962149100 275 12000 SH SOLE 12000 0 0 WILLIAMS COS INC DEL COM 969457100 50793 2842383 SH SOLE 2842383 0 0 WILMINGTON TRUST CORP COM 971807102 20156 1419438 SH SOLE 1419438 0 0 WINDSTREAM CORP COM 97381W104 26439 2610000 SH SOLE 2610000 0 0 WOODWARD GOVERNOR CO COM 980745103 5298 218400 SH SOLE 218400 0 0 WORTHINGTON INDS INC COM 981811102 8708 626500 SH SOLE 626500 0 0 WYNN RESORTS LTD COM 983134107 886 12500 SH SOLE 12500 0 0 XEROX CORP COM 984121103 38694 4999174 SH SOLE 4999174 0 0 ZENITH NATL INS CORP COM 989390109 11063 358039 SH SOLE 358039 0 0 ZEP INC COM 98944B108 991 60992 SH SOLE 60992 0 0
-----END PRIVACY-ENHANCED MESSAGE-----