-----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, DwRTTuTSWa3nIRGz39b+p0PiHuxvCqBUx9D5Niszzs03pBFWaxZFpn1yUj2NQe7u jshxhpEV6gpp/KH1jfCtIQ== 0001144204-09-058349.txt : 20091112 0001144204-09-058349.hdr.sgml : 20091111 20091112142446 ACCESSION NUMBER: 0001144204-09-058349 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090930 FILED AS OF DATE: 20091112 DATE AS OF CHANGE: 20091112 EFFECTIVENESS DATE: 20091112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CANADA PENSION PLAN INVESTMENT BOARD CENTRAL INDEX KEY: 0001283718 IRS NUMBER: 980361334 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12303 FILM NUMBER: 091176371 MAIL ADDRESS: STREET 1: ONE QUEEN STREET EAST STREET 2: STE 2700 CITY: TORONTO ONTARIO STATE: A6 ZIP: 0000 13F-HR 1 v165831_13fhr.txt FORM 13F-HR 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: Canada Pension Plan Investment Board ------------------------------------ Address: One Queen Street East, Suite 2600 ------------------------------------ Toronto, Ontario, M5C 2W ------------------------------------ Canada. ------------------------------------ Form 13F File Number: 28-12303 -------- 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: John H. Butler ------------------------------------------------------------- Title: Senior Vice President - General Counsel & Corporate Secretary ------------------------------------------------------------- Phone: 416-868-1171 ------------------------------------------------------------- Signature, Place, and Date of Signing: /s/ John H. Butler Toronto, Ontario 11 November, 2009 - -------------------------------------------------------------------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------- Form 13F Information Table Entry Total: 935 ----------- Form 13F Information Table Value Total: $13,903,112 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE.
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- SUNCOR ENERGY INC NEW COM ADDED COMMON STOCK 867224107 $ 534,666.18 15,343,775 Sole N/A 15,343,775 CITIGROUP INC COM COM 172967101 $ 76,771.56 15,861,891 Sole N/A 15,861,891 AT&T INC COM COM 00206R102 $ 215,699.66 7,985,918 Sole N/A 7,985,918 NEW GOLD INC CDA COM COMMON STOCK 644535106 $ 22,388.25 5,878,560 Sole N/A 5,878,560 SPRINT NEXTEL CORP COM SER 1 COM SER 1 852061100 $ 18,677.72 4,728,536 Sole N/A 4,728,536 VERIZON COMMUNICATIONS INC COM COM USD 500 92343V104 $ 112,385.46 3,712,767 Sole N/A 3,712,767 ADVANTAGE OIL & GAS LTD COM ADDED COMMON STOCK 00765F101 $ 23,173.49 3,285,615 Sole N/A 3,285,615 DENISON MINES CORP COM COM 248356107 $ 8,830.98 4,762,958 Sole N/A 4,762,958 BROOKFIELD PPTYS CORP COM COM 112900105 $ 27,192.66 2,404,109 Sole N/A 2,404,109 GENERAL ELECTRIC CO COM COM 369604103 $ 67,464.81 4,108,697 Sole N/A 4,108,697 CANADIAN SUPERIOR ENERGY INC COM COM 136644101 $ 1,977.84 2,282,600 Sole N/A 2,282,600 BANK NOVA SCOTIA HALIFAX COM COM 064149107 $ 137,620.17 3,022,462 Sole N/A 3,022,462 QWEST COMMUNICATIONS INTL IN COM COM 749121109 $ 8,241.88 2,163,223 Sole N/A 2,163,223 ELDORADO GOLD CORP NEW COM COM 284902103 $ 35,040.48 3,092,841 Sole N/A 3,092,841 TORONTO DOMINION BK ONT COM NEW COM NEW 891160509 $ 145,638.76 2,257,243 Sole N/A 2,257,243 NORTHGATE MINERALS CORP COM COM 666416102 $ 19,567.92 7,267,212 Sole N/A 7,267,212 COCA COLA CO COM COM 191216100 $ 188,119.86 3,503,163 Sole N/A 3,503,163 LIONS GATE ENTMNT CORP COM NEW COM NEW 535919203 $ 7,547.23 1,225,200 Sole N/A 1,225,200 ADVANCED SEMICONDUCTOR ENGR SPONSORED ADR SPONSORED ADR 00756M404 $ 5,832.67 1,412,269 Sole N/A 1,412,269 ROYAL BK CDA MONTREAL QUE COM COM 780087102 $ 68,561.61 1,278,665 Sole N/A 1,278,665 IVANHOE MINES LTD COM COM 46579N103 $ 21,646.56 1,688,463 Sole N/A 1,688,463 TYCO INTERNATIONAL LTD SHS COMMON STOCK H89128104 $ 32,196.01 933,759 Sole N/A 933,759 THOMPSON CREEK METALS CO INC COM COM 884768102 $ 17,204.59 1,428,127 Sole N/A 1,428,127 RUBICON MINERALS CORP COM COM 780911103 $ 16,328.22 3,956,000 Sole N/A 3,956,000 GREAT BASIN GOLD LTD COM COM 390124105 $ 1,172.57 767,388 Sole N/A 767,388 WELLS FARGO & CO NEW COM COM 949746101 $ 163,269.66 5,793,813 Sole N/A 5,793,813 MDS INC COM COM 55269P302 $ 6,349.29 777,046 Sole N/A 777,046
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- SUN LIFE FINL INC COM COM 866796105 $ 22,164.69 709,072 Sole N/A 709,072 ACCENTURE PLC IRELAND SHS CLASS A ADDED COMMON STOCK G1151C101 $ 22,365.73 600,100 Sole N/A 600,100 CENTURYTEL INC COM COM 156700106 $ 32,914.56 979,600 Sole N/A 979,600 HARVEST ENERGY TR PUT TR UNIT 41752X951 $ 6,480.36 997,901 Sole N/A 997,901 IESI BFC LTD COM COMMON STOCK 44951D108 $ 7,324.39 566,374 Sole N/A 566,374 SUPERVALU INC COM COM 868536103 $ 12,369.22 821,329 Sole N/A 821,329 CELESTICA INC SUB VTG SHS SUB VTG SHS 15101Q108 $ 45,319.15 4,768,730 Sole N/A 4,768,730 GASTAR EXPL LTD COM NEW ADDED COMMON STOCK 367299203 $ 2,493.87 517,400 Sole N/A 517,400 ENBRIDGE INC COM COM 29250N105 $ 20,958.79 541,137 Sole N/A 541,137 EARTHLINK INC COM COM 270321102 $ 22,350.42 2,657,600 Sole N/A 2,657,600 DELL INC COM COM 24702R101 $ 27,260.98 1,786,434 Sole N/A 1,786,434 SEABRIDGE GOLD INC COM COM 811916105 $ 13,879.69 484,300 Sole N/A 484,300 INTERNATIONAL ROYALTY CORP COM COM 460277106 $ 1,998.00 496,400 Sole N/A 496,400 IAC INTERACTIVECORP COM PAR $.001 COM 44919P508 $ 18,257.54 904,286 Sole N/A 904,286 COTT CORP QUE COM COM 22163N106 $ 19,076.47 2,611,578 Sole N/A 2,611,578 AUTONATION INC COM COM 05329W102 $ 10,086.47 557,880 Sole N/A 557,880 MICROSOFT CORP COM COM 594918104 $ 225,007.02 8,690,885 Sole N/A 8,690,885 NATIONAL SEMICONDUCTOR CORP COM COM 637640103 $ 12,442.30 871,920 Sole N/A 871,920 AMERICAN TOWER CORP CL A CL A 029912201 $ 16,282.12 447,311 Sole N/A 447,311 BANK MONTREAL QUE COM COM 063671101 $ 25,044.73 496,225 Sole N/A 496,225 FLEXTRONICS INTL LTD ORD SHS Y2573F102 $ 10,400.90 1,394,222 Sole N/A 1,394,222 GROUPE CGI INC CL A SUB VTG CL A SUB VTG 39945C109 $ 45,280.48 3,875,561 Sole N/A 3,875,561 MYLAN INC COM COM 628530107 $ 6,346.36 396,400 Sole N/A 396,400 GLOBAL DEPOSITORY ITAU UNIBANCO HLDG SA SPON ADR REP PFD RECEIPT 465562106 $ 82,374.01 4,088,040 Sole N/A 4,088,040 TYCO ELECTRONICS LTD SWITZER SHS ADDED COMMON STOCK H8912P106 $ 8,037.55 360,752 Sole N/A 360,752 SLM CORP COM COM 78442P106 $ 3,914.42 448,901 Sole N/A 448,901 PENGROWTH ENERGY TR TR UNIT NEW TR UNIT NEW 706902509 $ 19,129.17 1,812,122 Sole N/A 1,812,122
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- LEGG MASON INC COM COM 524901105 $ 15,947.50 513,938 Sole N/A 513,938 DEL MONTE FOODS CO COM COM 24522P103 $ 5,193.63 448,500 Sole N/A 448,500 FEDERATED INVS INC PA CL B CL B 314211103 $ 9,060.73 343,600 Sole N/A 343,600 PEOPLES UNITED FINANCIAL INC COM COM 712704105 $ 5,391.96 346,527 Sole N/A 346,527 TALISMAN ENERGY INC COM COM 87425E103 $ 210,505.33 12,127,502 Sole N/A 12,127,502 TERADATA CORP DEL COM DEL COM 88076W103 $ 9,267.22 336,745 Sole N/A 336,745 CLEARWIRE CORP NEW CL A CL A 18538Q105 $ 2,430.06 298,900 Sole N/A 298,900 SPECTRA ENERGY CORP COM COM 847560109 $ 13,218.61 697,920 Sole N/A 697,920 TIME WARNER CABLE INC COM COM 88732J207 $ 12,002.72 278,550 Sole N/A 278,550 ARCHER DANIELS MIDLAND CO COM COM 039483102 $ 30,973.84 1,060,022 Sole N/A 1,060,022 HOST HOTELS & RESORTS INC COM COM 44107P104 $ 11,492.65 976,436 Sole N/A 976,436 UNITED REFINING ENERGY CORP COM COM 911360105 $ 4,082.49 410,300 Sole N/A 410,300 MELCO CROWN ENTMT LTD ADR ADR 585464100 $ 2,332.30 335,100 Sole N/A 335,100 GERDAU AMERISTEEL CORP COM COM 37373P105 $ 20,532.44 2,580,500 Sole N/A 2,580,500 FIDELITY NATL INFORMATION SV COM COM 31620M106 $ 13,999.89 548,800 Sole N/A 548,800 AFLAC INC COM COM 001055102 $ 23,222.87 543,352 Sole N/A 543,352 HEINZ H J CO COM COM 423074103 $ 22,208.68 558,709 Sole N/A 558,709 MAGNA INTL INC CL A CL A SUB VTG 559222401 $ 30,700.20 722,124 Sole N/A 722,124 CINCINNATI FINL CORP COM COM 172062101 $ 12,127.53 466,623 Sole N/A 466,623 APPLE INC COM COM NPV 037833100 $ 115,335.00 622,188 Sole N/A 622,188 FIRSTSERVICE CORP SUB VTG SH SUB VTG SH 33761N109 $ 8,064.81 419,175 Sole N/A 419,175 CAMPBELL SOUP CO COM COM 134429109 $ 8,910.64 273,165 Sole N/A 273,165 TASEKO MINES LTD COM COM 876511106 $ 9,273.06 3,504,500 Sole N/A 3,504,500 FPL GROUP INC COM COM 302571104 $ 20,186.73 365,503 Sole N/A 365,503 AVON PRODS INC COM COM 054303102 $ 17,616.95 518,756 Sole N/A 518,756 SILVER STD RES INC COM COM 82823L106 $ 14,156.09 658,307 Sole N/A 658,307 SIERRA WIRELESS INC COM COM 826516106 $ 4,523.07 454,126 Sole N/A 454,126 APACHE CORP COM COM 037411105 $ 35,055.46 381,743 Sole N/A 381,743 NVIDIA CORP COM COM 67066G104 $ 4,272.82 284,286 Sole N/A 284,286 INVESCO LTD SHS SHS G491BT108 $ 10,122.12 444,733 Sole N/A 444,733
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- AGILENT TECHNOLOGIES INC COM COM 00846U101 $ 9,964.11 358,035 Sole N/A 358,035 NETAPP INC COM COM 64110D104 $ 8,646.48 324,081 Sole N/A 324,081 BRF-BRASIL FOODS S A SPONSORED ADR DEPOSITORY ADDED RECEIPTS 10552T107 $ 9,958.39 187,012 Sole N/A 187,012 REGIS CORP MINN COM COM 758932107 $ 2,721.80 175,600 Sole N/A 175,600 EBAY INC COM COM 278642103 $ 10,345.83 438,197 Sole N/A 438,197 COGNIZANT TECHNOLOGY SOLUTIO CL A CL A 192446102 $ 8,146.78 210,729 Sole N/A 210,729 ARCH COAL INC COM COM 039380100 $ 6,753.24 305,162 Sole N/A 305,162 HARRY WINSTON DIAMOND CORP COM COM 41587B100 $ 8,258.85 979,472 Sole N/A 979,472 CROWN CASTLE INTL CORP COM COM 228227104 $ 6,011.71 191,700 Sole N/A 191,700 FAIRFAX FINL HLDGS LTD SUB VTG SUB VTG 303901102 $ 121,909.27 328,980 Sole N/A 328,980 MANULIFE FINL CORP COM COM 56501R106 $ 3,482.06 166,102 Sole N/A 166,102 WORTHINGTON INDS INC COM COM 981811102 $ 4,617.58 332,200 Sole N/A 332,200 NEW YORK CMNTY BANCORP INC COM COM 649445103 $ 6,282.14 550,100 Sole N/A 550,100 VALIDUS HOLDINGS LTD COM SHS COM SHS G9319H102 $ 4,180.92 162,051 Sole N/A 162,051 MARVELL TECHNOLOGY GROUP LTD ORD SHS G5876H105 $ 10,406.93 642,800 Sole N/A 642,800 SMUCKER J M CO COM NEW COM NEW 832696405 $ 8,455.10 159,500 Sole N/A 159,500 METHANEX CORP COM COM 59151K108 $ 21,064.87 1,212,275 Sole N/A 1,212,275 ENCORE WIRE CORP COM COM 292562105 $ 14,536.64 650,700 Sole N/A 650,700 PRICE T ROWE GROUP INC COM COM 74144T108 $ 10,925.68 239,074 Sole N/A 239,074 PRINCIPAL FINANCIAL GROUP IN COM COM 74251V102 $ 9,669.68 353,037 Sole N/A 353,037 PARTNERRE LTD COM COM G6852T105 $ 11,456.37 148,900 Sole N/A 148,900 DELTA AIR LINES INC DEL COM NEW COM NEW 247361702 $ 1,333.25 148,800 Sole N/A 148,800 AMERICAN CAP LTD COM COM 02503Y103 $ 598.12 185,175 Sole N/A 185,175 MI DEVS INC CL A SUB VTG CL A SUB VTG SHS 55304X104 $ 8,385.78 625,901 Sole N/A 625,901 CONAGRA FOODS INC COM COM 205887102 $ 3,365.91 155,254 Sole N/A 155,254 NORTHERN TR CORP COM COM 665859104 $ 15,044.71 258,678 Sole N/A 258,678 PANTRY INC COM COM 698657103 $ 7,866.66 501,700 Sole N/A 501,700 WINDSTREAM CORP COM COM 97381W104 $ 6,035.72 595,826 Sole N/A 595,826
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- NORTHERN DYNASTY MINERALS LT COM NEW COM NEW 66510M204 $ 4,978.62 671,300 Sole N/A 671,300 BANRO CORP COM COM 066800103 $ 2,825.63 1,060,400 Sole N/A 1,060,400 SHERWIN WILLIAMS CO COM COM 824348106 $ 17,320.06 287,900 Sole N/A 287,900 TOOTSIE ROLL INDS INC COM COM 890516107 $ 9,456.52 397,667 Sole N/A 397,667 WARNER CHILCOTT PLC IRELAND SHS A ADDED COMMON STOCK G94368100 $ 2,799.79 129,500 Sole N/A 129,500 GILDAN ACTIVEWEAR INC COM SUB VTG SHS CL A 375916103 $ 19,238.94 975,858 Sole N/A 975,858 NOVAGOLD RES INC COM NEW COM NEW 66987E206 $ 1,251.36 244,197 Sole N/A 244,197 PLATINUM UNDERWRITER HLDGS L COM SHS G7127P100 $ 8,451.07 235,800 Sole N/A 235,800 MARSH & MCLENNAN COS INC COM COM 571748102 $ 8,622.73 348,675 Sole N/A 348,675 ADTRAN INC COM COM 00738A106 $ 3,888.72 158,400 Sole N/A 158,400 ENERPLUS RES FD UNIT TR G NEW TR UNIT NEW 29274D604 $ 33,031.13 1,447,033 Sole N/A 1,447,033 TELEPHONE & DATA SYS INC COM COM 879433100 $ 4,970.90 160,300 Sole N/A 160,300 SUNTRUST BKS INC COM COM 867914103 $ 8,735.31 387,375 Sole N/A 387,375 CANADIAN PAC RY LTD COM LTD COM 13645T100 $ 31,172.58 667,815 Sole N/A 667,815 DONNELLEY R R & SONS CO COM COM 257867101 $ 10,950.94 515,096 Sole N/A 515,096 MEAD JOHNSON NUTRITION CO COM CL A COM CL A 582839106 $ 6,878.87 152,491 Sole N/A 152,491 KIMCO REALTY CORP COM COM 49446R109 $ 5,398.83 414,021 Sole N/A 414,021 GLOBAL BRANDS ACQUISITION CO COM COM 378982102 $ 7,119.81 719,900 Sole N/A 719,900 ENDEAVOUR SILVER CORP COM COM 29258Y103 $ 325.02 116,280 Sole N/A 116,280 PROCTER & GAMBLE CO COM COM 742718109 $ 247,396.60 4,271,350 Sole N/A 4,271,350 MCGRAW HILL COS INC COM COM 580645109 $ 14,562.12 579,241 Sole N/A 579,241 DISCOVER FINL SVCS COM COM 254709108 $ 9,820.89 605,107 Sole N/A 605,107 OPTIONSXPRESS HLDGS INC COM COM 684010101 $ 1,632.96 94,500 Sole N/A 94,500 COMPTON PETE CORP COM COM 204940100 $ 131.20 101,308 Sole N/A 101,308 LUBRIZOL CORP COM COM 549271104 $ 7,474.72 104,600 Sole N/A 104,600 FRONTEER DEV GROUP INC COM COM 35903Q106 $ 768.15 178,454 Sole N/A 178,454 PLATINUM GROUP METALS LTD COM NEW COM NEW 72765Q205 $ 1,039.95 826,800 Sole N/A 826,800
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- CAPITAL ONE FINL CORP COM COM 14040H105 $ 17,020.56 476,366 Sole N/A 476,366 OCCIDENTAL PETE CORP DEL COM COM 674599105 $ 18,597.42 237,212 Sole N/A 237,212 PULTE HOMES INC COM COM 745867101 $ 2,305.56 209,787 Sole N/A 209,787 COVENTRY HEALTH CARE INC COM COM 222862104 $ 7,278.85 364,672 Sole N/A 364,672 ASPEN INSURANCE HOLDINGS LTD SHS SHS G05384105 $ 4,587.25 173,300 Sole N/A 173,300 AON CORP COM COM 037389103 $ 6,313.79 155,168 Sole N/A 155,168 MONSANTO CO NEW COM COM 61166W101 $ 58,457.44 755,264 Sole N/A 755,264 INTERACTIVE COM SER LIBERTY MEDIA CORP NEW INT COM SER A A 53071M104 $ 905.52 82,545 Sole N/A 82,545 BIOGEN IDEC INC COM COM 09062X103 $ 18,655.93 369,278 Sole N/A 369,278 PROGRESSIVE CORP OHIO COM COM 743315103 $ 10,050.40 606,176 Sole N/A 606,176 CERNER CORP COM COM 156782104 $ 6,066.28 81,100 Sole N/A 81,100 FLUOR CORP NEW COM COM 343412102 $ 6,520.70 128,234 Sole N/A 128,234 TECH DATA CORP COM COM 878237106 $ 9,430.91 226,650 Sole N/A 226,650 NYSE EURONEXT COM COM 629491101 $ 7,330.26 253,730 Sole N/A 253,730 ANGIOTECH PHARMACEUTICALS IN COM COM 034918102 $ 142.65 81,875 Sole N/A 81,875 MACYS INC COM COM 55616P104 $ 2,516.70 137,600 Sole N/A 137,600 EATON VANCE CORP COM NON VTG COM NON VTG 278265103 $ 7,257.81 259,300 Sole N/A 259,300 DUKE ENERGY CORP NEW COM COM 26441C105 $ 7,817.90 496,690 Sole N/A 496,690 MASTERCARD INC CL A CL A 57636Q104 $ 15,777.81 78,050 Sole N/A 78,050 KBR INC COM COM 48242W106 $ 3,288.55 141,200 Sole N/A 141,200 LIBERTY ACQUISITION HLDGS CO COM COM 53015Y107 $ 4,883.95 514,100 Sole N/A 514,100 INVACARE CORP COM COM 461203101 $ 5,935.39 266,400 Sole N/A 266,400 COOPER INDUSTRIES PLC SHS ADDED COMMON STOCK G24140108 $ 2,564.30 68,254 Sole N/A 68,254 CAL DIVE INTL INC DEL COM COM 12802T101 $ 798.12 80,700 Sole N/A 80,700 INTERCONTINENTALEXCHANGE INC COM COM 45865V100 $ 13,762.59 141,605 Sole N/A 141,605 CANADIAN NAT RES LTD COM COM 136385101 $ 380,122.14 5,642,947 Sole N/A 5,642,947 CSX CORP COM COM 126408103 $ 5,295.92 126,515 Sole N/A 126,515 WILLBROS GROUP INC DEL COM COM 969203108 $ 5,175.15 339,800 Sole N/A 339,800
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- INGERSOLL-RAND PLC SHS ADDED COMMON STOCK G47791101 $ 1,894.61 61,774 Sole N/A 61,774 CENTERPOINT ENERGY INC COM COM 15189T107 $ 1,628.81 131,039 Sole N/A 131,039 CITRIX SYS INC COM COM 177376100 $ 5,254.78 133,948 Sole N/A 133,948 FOREST OIL CORP COM PAR $0.01 COM PAR 0.01 346091705 $ 1,717.60 87,767 Sole N/A 87,767 MCCORMICK & CO INC COM NON VTG COM NON VTG 579780206 $ 6,669.35 196,504 Sole N/A 196,504 NORTHEAST UTILS COM COM 664397106 $ 1,424.40 60,000 Sole N/A 60,000 MEADWESTVACO CORP COM COM 583334107 $ 8,319.24 372,893 Sole N/A 372,893 BALLARD PWR SYS INC NEW COM COM 058586108 $ 154.31 57,109 Sole N/A 57,109 CLOROX CO DEL COM COM 189054109 $ 20,285.72 344,878 Sole N/A 344,878 LANDSTAR SYS INC COM COM 515098101 $ 2,462.48 64,700 Sole N/A 64,700 NOBLE ENERGY INC COM COM 655044105 $ 10,576.95 160,354 Sole N/A 160,354 CAREFUSION CORP COM ADDED COMMON STOCK 14170T101 $ 1,198.37 54,971 Sole N/A 54,971 WADDELL & REED FINL INC CL A CL A 930059100 $ 2,870.61 100,900 Sole N/A 100,900 MOLINA HEALTHCARE INC COM COM 60855R100 $ 2,503.49 121,000 Sole N/A 121,000 ANADARKO PETE CORP COM COM 032511107 $ 70,097.39 1,117,446 Sole N/A 1,117,446 EL PASO CORP COM COM 28336L109 $ 5,665.50 548,983 Sole N/A 548,983 UNITED TECHNOLOGIES CORP COM COM 913017109 $ 20,358.97 334,137 Sole N/A 334,137 NII HLDGS INC CL B NEW COM NEW 62913F201 $ 4,856.76 162,000 Sole N/A 162,000 EDISON INTL COM COM 281020107 $ 3,031.90 90,289 Sole N/A 90,289 TATA COMMUNICATIONS LTD SPONS ADR SPONSORED ADR 876564105 $ 16,420.28 796,328 Sole N/A 796,328 LINCOLN NATL CORP IND COM COM 534187109 $ 9,376.83 361,900 Sole N/A 361,900 ASHLAND INC NEW COM COM 044209104 $ 7,995.70 185,000 Sole N/A 185,000 IMPERIAL OIL LTD COM NEW COM NEW 453038408 $ 91,074.60 2,398,782 Sole N/A 2,398,782 US BANCORP DEL COM NEW COM NEW 902973304 $ 48,530.62 2,220,065 Sole N/A 2,220,065 AMERICAN ELEC PWR INC COM COM 025537101 $ 1,816.01 58,600 Sole N/A 58,600 NATIONAL FUEL GAS CO N J COM COM 636180101 $ 4,200.78 91,700 Sole N/A 91,700 VISA INC COM CL A COM CL A 92826C839 $ 6,398.27 92,581 Sole N/A 92,581 AUGUSTA RES CORP COM NEW COM NEW 050912203 $ 1,832.48 739,400 Sole N/A 739,400 HONEYWELL INTL INC COM COM 438516106 $ 15,305.02 411,979 Sole N/A 411,979 TD AMERITRADE HLDG CORP COM COM 87236Y108 $ 9,725.63 495,700 Sole N/A 495,700 ASSURANT INC COM COM 04621X108 $ 3,387.56 105,663 Sole N/A 105,663 JOHN BEAN TECHNOLOGIES CORP COM COM 477839104 $ 801.26 44,098 Sole N/A 44,098
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- TANZANIAN ROYALTY EXPL CORP COM COM 87600U104 $ 296.29 104,266 Sole N/A 104,266 CATERPILLAR INC DEL COM COM 149123101 $ 3,575.80 69,663 Sole N/A 69,663 EMERSON ELEC CO COM COM 291011104 $ 13,373.37 333,667 Sole N/A 333,667 NATIONAL OILWELL VARCO INC COM COM 637071101 $ 13,621.02 315,813 Sole N/A 315,813 3M CO COM COM 88579Y101 $ 24,380.57 330,360 Sole N/A 330,360 ALPHA NATURAL RESOURCES INC COM COM 02076X102 $ 13,008.06 370,600 Sole N/A 370,600 SBA COMMUNICATIONS CORP COM COM 78388J106 $ 1,108.23 41,000 Sole N/A 41,000 D R HORTON INC COM COM 23331A109 $ 996.09 87,300 Sole N/A 87,300 JACOBS ENGR GROUP INC DEL COM COM 469814107 $ 1,867.13 40,634 Sole N/A 40,634 JONES LANG LASALLE INC COM COM 48020Q107 $ 1,951.64 41,200 Sole N/A 41,200 CANADIAN NATL RY CO COM COM 136375102 $ 227,414.73 4,628,944 Sole N/A 4,628,944 WHOLE FOODS MKT INC COM COM 966837106 $ 1,186.06 38,900 Sole N/A 38,900 CONSOLIDATED EDISON INC COM COM 209115104 $ 3,372.23 82,370 Sole N/A 82,370 SAPPHIRE INDUSTRIALS CORP COM COM 80306T109 $ 10,314.74 1,037,700 Sole N/A 1,037,700 STANTEC INC COM COM 85472N109 $ 18,740.35 750,523 Sole N/A 750,523 COMSTOCK RES INC COM NEW COM NEW 205768203 $ 23,025.96 574,500 Sole N/A 574,500 SEI INVESTMENTS CO COM COM 784117103 $ 4,217.42 214,300 Sole N/A 214,300 CNX GAS CORP COM COM 12618H309 $ 1,187.08 38,667 Sole N/A 38,667 TORCHMARK CORP COM COM 891027104 $ 3,897.63 89,745 Sole N/A 89,745 PAYCHEX INC COM COM 704326107 $ 11,354.66 390,866 Sole N/A 390,866 VORNADO RLTY TR SH BEN INT COM 929042109 $ 13,659.56 212,072 Sole N/A 212,072 LAUDER ESTEE COS INC CL A CL A 518439104 $ 13,478.36 363,494 Sole N/A 363,494 SCHNITZER STL INDS CL A CL A 806882106 $ 3,088.50 58,000 Sole N/A 58,000 WERNER ENTERPRISES INC COM COM 950755108 $ 8,336.93 447,500 Sole N/A 447,500 TIFFANY & CO NEW COM COM 886547108 $ 4,838.21 125,570 Sole N/A 125,570 BROADCOM CORP CL A CL A 111320107 $ 11,898.73 387,707 Sole N/A 387,707 AMERICAN GREETINGS CORP CL A CL A 026375105 $ 1,063.71 47,700 Sole N/A 47,700 AU OPTRONICS CORP SPONSORED ADR SPONSORED ADR 002255107 $ 9,812.18 1,013,655 Sole N/A 1,013,655 NATIONWIDE HEALTH PPTYS INC COM COM 638620104 $ 3,712.60 119,800 Sole N/A 119,800
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- RAYONIER INC COM COM 754907103 $ 1,288.67 31,500 Sole N/A 31,500 MURPHY OIL CORP COM COM 626717102 $ 9,243.50 160,561 Sole N/A 160,561 ENERSYS COM COM 29275Y102 $ 1,371.44 62,000 Sole N/A 62,000 CHUNGHWA TELECOM CO LTD SPONS ADR SPONSORED ADR NEW NEW 09 2009 17133Q403 $ 5,580.13 309,320 Sole N/A 309,320 MARATHON OIL CORP COM COM 565849106 $ 19,868.98 622,852 Sole N/A 622,852 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR SPONSORED ADR 874039100 $ 60,644.04 5,533,215 Sole N/A 5,533,215 UNION PAC CORP COM COM 907818108 $ 11,867.40 203,383 Sole N/A 203,383 DEVON ENERGY CORP NEW COM COM 25179M103 $ 14,098.09 209,388 Sole N/A 209,388 JOY GLOBAL INC COM COM 481165108 $ 5,285.52 108,000 Sole N/A 108,000 PLUM CREEK TIMBER CO INC COM COM 729251108 $ 5,712.12 186,427 Sole N/A 186,427 FRESH DEL MONTE PRODUCE INC ORD SHS G36738105 $ 3,038.78 134,400 Sole N/A 134,400 KINETIC CONCEPTS INC COM NEW COM NEW 49460W208 $ 1,179.66 31,900 Sole N/A 31,900 NORFOLK SOUTHERN CORP COM COM 655844108 $ 7,899.52 183,241 Sole N/A 183,241 FIRSTENERGY CORP COM COM 337932107 $ 1,377.77 30,135 Sole N/A 30,135 CASEYS GEN STORES INC COM COM 147528103 $ 3,850.33 122,700 Sole N/A 122,700 PRE PAID LEGAL SVCS INC COM COM 740065107 $ 1,447.80 28,500 Sole N/A 28,500 ARCH CAP GROUP LTD ORD SHS G0450A105 $ 6,213.68 92,000 Sole N/A 92,000 GRAINGER W W INC COM COM 384802104 $ 3,884.75 43,473 Sole N/A 43,473 EXPEDITORS INTL WASH INC COM COM 302130109 $ 4,048.54 115,179 Sole N/A 115,179 AMTRUST FINANCIAL SERVICES I COM COM 032359309 $ 298.94 26,200 Sole N/A 26,200 SMITH A O COM COM 831865209 $ 4,290.06 112,600 Sole N/A 112,600 NUCOR CORP COM COM 670346105 $ 6,227.79 132,478 Sole N/A 132,478 CUMMINS INC COM COM 231021106 $ 3,177.34 70,907 Sole N/A 70,907 MOLSON COORS BREWING CO CL B CL B 60871R209 $ 12,701.49 260,918 Sole N/A 260,918 MASSEY ENERGY CORP COM COM 576206106 $ 749.29 26,866 Sole N/A 26,866 CONSOL ENERGY INC COM COM 20854P109 $ 6,523.85 144,621 Sole N/A 144,621 NASH FINCH CO COM COM 631158102 $ 2,624.64 96,000 Sole N/A 96,000 RAYTHEON CO COM NEW COM NEW 755111507 $ 8,363.23 174,343 Sole N/A 174,343 SEAHAWK DRILLING INC COM ADDED COMMON STOCK 81201R107 $ 581.57 18,706 Sole N/A 18,706
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- CREE INC COM COM 225447101 $ 687.23 18,700 Sole N/A 18,700 LAZARD LTD SHS A SHS A G54050102 $ 3,242.84 78,500 Sole N/A 78,500 ROCKWELL AUTOMATION INC COM COM 773903109 $ 1,409.00 33,075 Sole N/A 33,075 CAMERON INTERNATIONAL CORP COM COM 13342B105 $ 6,440.60 170,296 Sole N/A 170,296 CINTAS CORP COM COM 172908105 $ 3,635.11 119,931 Sole N/A 119,931 COMPASS MINERALS INTL INC COM COM 20451N101 $ 9,495.64 154,100 Sole N/A 154,100 WEINGARTEN RLTY INVS SH BEN INT SH BEN INT 948741103 $ 1,619.50 81,300 Sole N/A 81,300 QUEST CAP CORP NEW COM COM 74835U109 $ 625.82 16,662 Sole N/A 16,662 PROGRESS ENERGY INC COM COM 743263105 $ 4,428.43 113,375 Sole N/A 113,375 UNIVERSAL CORP VA COM COM 913456109 $ 1,196.05 28,600 Sole N/A 28,600 NORTHROP GRUMMAN CORP COM COM 666807102 $ 11,025.65 213,056 Sole N/A 213,056 CME GROUP INC COM COM 12572Q105 $ 26,567.21 86,204 Sole N/A 86,204 CONSTELLATION ENERGY GROUP I COM COM 210371100 $ 541.84 16,739 Sole N/A 16,739 SCANA CORP NEW COM COM 80589M102 $ 1,270.81 36,413 Sole N/A 36,413 WATERS CORP COM COM 941848103 $ 3,617.16 64,754 Sole N/A 64,754 UNUM GROUP COM COM 91529Y106 $ 12,590.96 587,265 Sole N/A 587,265 IMS HEALTH INC COM COM 449934108 $ 2,125.98 138,500 Sole N/A 138,500 DEAN FOODS CO NEW COM COM 242370104 $ 1,309.34 73,600 Sole N/A 73,600 TRIAN ACQUISITION I CORP COM COM 89582E108 $ 6,595.97 677,900 Sole N/A 677,900 TICKETMASTER ENTMT INC COM COM 88633P302 $ 564.63 48,300 Sole N/A 48,300 QUESTAR CORP COM COM 748356102 $ 625.82 16,662 Sole N/A 16,662 C H ROBINSON WORLDWIDE INC COM NEW COM NEW 12541W209 $ 3,474.93 60,172 Sole N/A 60,172 DOVER CORP COM COM 260003108 $ 7,405.95 191,072 Sole N/A 191,072 MASCO CORP COM COM 574599106 $ 2,615.60 202,446 Sole N/A 202,446 ITT CORP NEW COM COM 450911102 $ 8,544.10 163,837 Sole N/A 163,837 EATON CORP COM COM 278058102 $ 5,552.89 98,125 Sole N/A 98,125 DRESSER-RAND GROUP INC COM COM 261608103 $ 1,118.52 36,000 Sole N/A 36,000 BUCYRUS INTL INC NEW COM CL A 118759109 $ 532.23 14,942 Sole N/A 14,942 PARKER HANNIFIN CORP COM COM 701094104 $ 6,629.46 127,883 Sole N/A 127,883 ROCKWELL COLLINS INC COM COM 774341101 $ 2,038.55 40,129 Sole N/A 40,129
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- EVEREST RE GROUP LTD COM SHS G3223R108 $ 5,972.37 68,100 Sole N/A 68,100 SMITH INTL INC COM COM 832110100 $ 824.38 28,724 Sole N/A 28,724 RYANAIR HLDGS PLC SPONSORED ADR SPONSORED ADR 783513104 $ 402.38 13,856 Sole N/A 13,856 ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH NY REGISTRY SHS 03938L104 $ 371.40 10,000 Sole N/A 10,000 CHILDRENS PL RETAIL STORES I COM COM 168905107 $ 296.60 9,900 Sole N/A 9,900 PEPSI BOTTLING GROUP INC COM COM 713409100 $ 6,554.14 179,861 Sole N/A 179,861 ROBERT HALF INTL INC COM COM 770323103 $ 9,998.17 399,607 Sole N/A 399,607 HERBALIFE LTD COM USD SHS SHS G4412G101 $ 1,849.81 56,500 Sole N/A 56,500 GARMIN LTD ORD COM G37260109 $ 343.43 9,100 Sole N/A 9,100 AMYLIN PHARMACEUTICALS INC COM COM 032346108 $ 136.90 10,000 Sole N/A 10,000 TEVA PHARMACEUTICAL INDS LTD ADR ADR 881624209 $ 76,355.72 1,510,200 Sole N/A 1,510,200 FRANKLIN RES INC COM COM 354613101 $ 15,472.68 153,804 Sole N/A 153,804 ACUITY BRANDS INC COM COM 00508Y102 $ 3,172.69 98,500 Sole N/A 98,500 VMWARE INC CL A COM CL A COM 928563402 $ 457.94 11,400 Sole N/A 11,400 TAUBMAN CTRS INC COM REIT 876664103 $ 1,223.11 33,900 Sole N/A 33,900 GOVERNMENT PPTYS INCOME TR COM SHS BEN INT REIT 38376A103 $ 850.55 35,425 Sole N/A 35,425 KENNAMETAL INC COM COM 489170100 $ 1,703.01 69,200 Sole N/A 69,200 WESTPORT INNOVATIONS INC COM NEW COM NEW 960908309 $ 79.46 6,271 Sole N/A 6,271 TUTOR PERINI CORP COM COMMON STOCK 901109108 $ 2,417.55 113,500 Sole N/A 113,500 ARMSTRONG WORLD INDS INC NEW COM COM 04247X102 $ 2,973.90 86,300 Sole N/A 86,300 QUICKSILVER RESOURCES INC COM COM 74837R104 $ 106.43 7,500 Sole N/A 7,500 ACE LTD SHS NAMEN AKT H0023R105 $ 31,382.89 587,035 Sole N/A 587,035 AMB PROPERTY CORP COM COM 00163T109 $ 4,120.67 179,550 Sole N/A 179,550 GENZYME CORP COM COM GEN DIV 372917104 $ 2,547.74 44,910 Sole N/A 44,910 DUKE REALTY CORP COM NEW COM NEW 264411505 $ 2,075.50 172,814 Sole N/A 172,814 JAGUAR MNG INC COM COM 47009M103 $ 748.88 83,901 Sole N/A 83,901 OIL STS INTL INC COM COM 678026105 $ 3,217.91 91,600 Sole N/A 91,600 HOLOGIC INC COM COM 436440101 $ 112.75 6,900 Sole N/A 6,900
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- WALTER ENERGY INC COM COM 93317Q105 $ 6,178.25 102,868 Sole N/A 102,868 VITRAN CORP INC COM COM 92850E107 $ 31.70 3,500 Sole N/A 3,500 MINERALS TECHNOLOGIES INC COM COM 603158106 $ 7,856.91 165,200 Sole N/A 165,200 MIRANT CORP NEW COM COM 60467R100 $ 4,521.96 275,226 Sole N/A 275,226 HICKS ACQUISITION CO I INC COM COM 429086309 $ 1,523.52 147,200 Sole N/A 147,200 HICKS ACQUISITION CO I INC EXP 09/28/201 WTS EXP 28SEP11 429086127 $ 4.65 3,000 Sole N/A 3,000 AMERICAN INTL GROUP INC COM NEW ADDED COMMON STOCK 026874784 $ 128.01 2,902 Sole N/A 2,902 AVNET INC COM COM 053807103 $ 8,474.01 326,300 Sole N/A 326,300 ARKANSAS BEST CORP DEL COM COM 040790107 $ 5,347.28 178,600 Sole N/A 178,600 TESCO CORP COM COM 88157K101 $ 19.01 2,382 Sole N/A 2,382 CAMDEN PPTY TR SH BEN INT COM 133131102 $ 1,894.10 47,000 Sole N/A 47,000 SL GREEN RLTY CORP COM COM 78440X101 $ 3,841.26 87,600 Sole N/A 87,600 EQUIFAX INC COM COM 294429105 $ 1,040.09 35,693 Sole N/A 35,693 BOK FINL CORP COM NEW COM NEW 05561Q201 $ 168.60 3,640 Sole N/A 3,640 DTE ENERGY CO COM COM 233331107 $ 5,650.62 160,803 Sole N/A 160,803 PENTAIR INC COM COM 709631105 $ 298.15 10,100 Sole N/A 10,100 COMCAST CORP NEW CL A CL A 20030N101 $ 5.40 320 Sole N/A 320 FIRST SOLAR INC COM COM 336433107 $ 62.52 409 Sole N/A 409 SPORTS PPTYS ACQUISITION COR COM COM 84920F107 $ 975.51 99,087 Sole N/A 99,087 CARDIOME PHARMA CORP COM NEW COM NEW 14159U202 $ 20.57 4,737 Sole N/A 4,737 MSCI EMERGING MKTS ISHARES TR INDEX MSCI EMERG MKT INDEX FD 464287234 $ 482,677.17 12,404,964 Sole N/A 12,404,964 VALE S A ADR REPSTG PFD DEPOSITORY RECEIPTS 91912E204 $ 87,450.62 4,263,804 Sole N/A 4,263,804 VALE S A ADR SPONSORED ADR 91912E105 $ 72,878.29 3,150,812 Sole N/A 3,150,812 PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG SPONSORED ADR 71654V101 $ 103,987.85 2,645,328 Sole N/A 2,645,328 SPONSORED ADR BANCO BRADESCO S A SP ADR PFD NEW REPSTG PFD SHS 059460303 $ 54,496.06 2,739,872 Sole N/A 2,739,872
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- PETROLEO BRASILEIRO SA PETRO SPONSORED ADR SPONSORED ADR 71654V408 $ 105,188.12 2,291,680 Sole N/A 2,291,680 GOLDCORP INC NEW COM COM 380956409 $ 56,518.00 1,400,000 Sole N/A 1,400,000 SPONSORED ADR COMPANHIA SIDERURGICA NACION SPONSORED ADR REPSTG ORD SHS 20440W105 $ 28,618.71 935,252 Sole N/A 935,252 SPONSORED ADR COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD REPSTG PFD SHD 20441W203 $ 30,913.64 375,804 Sole N/A 375,804 YAMANA GOLD INC COM COM 98462Y100 $ 32,130.00 3,000,000 Sole N/A 3,000,000 SPONSORED ADR BAIDU INC SPON ADR REP A REPSTG ORD SHS 056752108 $ 22,485.38 57,500 Sole N/A 57,500 GERDAU S A SPONSORED ADR SPONSORED ADR 373737105 $ 22,192.77 1,651,248 Sole N/A 1,651,248 KINROSS GOLD CORP COM NO PAR 0 496902404 $ 27,125.00 1,250,000 Sole N/A 1,250,000 TENARIS S A SPONSORED ADR SPONSORED ADR 88031M109 $ 17,931.11 503,400 Sole N/A 503,400 MOBILE TELESYSTEMS OJSC SPONSORED ADR SPONSORED ADR 607409109 $ 17,642.69 365,500 Sole N/A 365,500 ICICI BK LTD ADR SPONSORED ADR 45104G104 $ 16,234.38 421,016 Sole N/A 421,016 OPEN JT STK CO-VIMPEL COMMUN SPONSORED ADR SPONSORED ADR 68370R109 $ 9,229.12 493,536 Sole N/A 493,536 SPONSORED ADR INFOSYS TECHNOLOGIES LTD SPONSORED ADR REPSTG 1/1 EQ SH 456788108 $ 13,159.80 271,392 Sole N/A 271,392 STERLITE INDS INDIA LTD ADS ADS 859737207 $ 12,870.22 805,900 Sole N/A 805,900 SPONSORED ADR TELE NORTE LESTE PART S A SPON ADR PFD REPSTG PFD 879246106 $ 13,183.82 701,640 Sole N/A 701,640 SPONSORED ADR REPR COMPANIA DE MINAS BUENAVENTU SPONSORED ADR SER B 204448104 $ 8,334.21 236,700 Sole N/A 236,700 CREDICORP LTD COM SHS G2519Y108 $ 10,482.05 134,800 Sole N/A 134,800 SPON ADR PAR .01 COMPANHIA ENERGETICA DE MINA SP ADR N-V PFD REP NON VTG 204409601 $ 18,308.17 1,204,485 Sole N/A 1,204,485 CTRIP COM INTL LTD ADR ADR 22943F100 $ 9,917.87 168,700 Sole N/A 168,700 VIVO PARTICIPACOES S A SPON ADR PFD NEW 0 92855S200 $ 8,074.95 319,800 Sole N/A 319,800 SCOTTS MIRACLE GRO CO CL A CL A 810186106 $ 9,560.67 222,600 Sole N/A 222,600 CHECK POINT SOFTWARE TECH LT ORD COM M22465104 $ 9,383.17 330,976 Sole N/A 330,976
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- NETEASE COM INC SPONSORED ADR SPONSORED ADR 64110W102 $ 6,687.55 146,400 Sole N/A 146,400 P T TELEKOMUNIKASI INDONESIA SPONSORED ADR SPONSORED ADR 715684106 $ 9,324.84 261,200 Sole N/A 261,200 SPONSORED ADR TIM PARTICIPACOES S A SPONS ADR PFD REPSTG PFD 88706P106 $ 5,017.42 203,960 Sole N/A 203,960 GRAFTECH INTL LTD COM COM 384313102 $ 6,303.36 428,800 Sole N/A 428,800 BRASIL TELECOM PARTICIPACOES SPON ADR SPONSORED ADR PFD REPSTG PFD SHS 105530109 $ 4,713.21 88,428 Sole N/A 88,428 COMPANHIA BRASILEIRA DE DIST SPN ADR SPONSORED ADR PFD CL A REPSTG PFD 20440T201 $ 4,015.77 71,328 Sole N/A 71,328 DR REDDYS LABS LTD ADR SPONSERED ADR 256135203 $ 9,611.55 492,900 Sole N/A 492,900 FOCUS MEDIA HLDG LTD SPONSORED ADR SPONSORED ADR 34415V109 $ 4,626.86 419,100 Sole N/A 419,100 BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR SPONSORED ADR 05946K101 $ 3,782.44 212,020 Sole N/A 212,020 SYBASE INC COM COM 871130100 $ 5,457.67 140,300 Sole N/A 140,300 GOLDEN STAR RES LTD CDA COM COM 38119T104 $ 2,662.30 790,000 Sole N/A 790,000 NISOURCE INC COM COM 65473P105 $ 6,232.46 448,701 Sole N/A 448,701 SPONSORED ADR NEW ORIENTAL ED & TECH GRP I SPON ADR REPSTG COM 647581107 $ 6,130.29 76,200 Sole N/A 76,200 NICE SYS LTD SPONSORED ADR SPONSORED ADR 653656108 $ 3,570.61 117,300 Sole N/A 117,300 HDFC BANK LTD ADR REPS 3 SHS ADR REPS 3 SHS 40415F101 $ 6,590.25 55,675 Sole N/A 55,675 LIBERTY PPTY TR SH BEN INT SH BEN INT SUPP 531172104 $ 2,726.01 83,800 Sole N/A 83,800 CYTEC INDS INC COM COM 232820100 $ 1,847.54 56,900 Sole N/A 56,900 LAN AIRLINES S A SPONSORED ADR SPONSORED ADR 501723100 $ 9,000.20 682,868 Sole N/A 682,868 MAGYAR TELEKOM TELECOMMUNS P SPONSORED ADR SPONSORED ADR 559776109 $ 2,338.16 106,280 Sole N/A 106,280 UDR INC COM COM 902653104 $ 2,003.95 127,316 Sole N/A 127,316 CHIQUITA BRANDS INTL INC COM COM 170032809 $ 1,882.64 116,500 Sole N/A 116,500 CONCHO RES INC COM COM 20605P101 $ 3,170.74 87,300 Sole N/A 87,300 TURKCELL ILETISIM HIZMETLERI SPON ADR NEW SPONSORED ADR NEW 900111204 $ 2,959.27 165,600 Sole N/A 165,600
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- TELECOM ARGENTINA S A SPON ADR REP B SPONSORED ADR REPSTG CL B SHS 879273209 $ 3,249.17 203,200 Sole N/A 203,200 CPFL ENERGIA S A SPONSORED ADR SPONSORED ADR 126153105 $ 5,928.30 109,763 Sole N/A 109,763 SPONSORED ADR BRASIL TELECOM SA SPONS ADR PFD REPSTG PFD SHS 10553M101 $ 2,371.43 90,100 Sole N/A 90,100 HIGHWOODS PPTYS INC COM COM 431284108 $ 2,100.86 66,800 Sole N/A 66,800 SPONSORED ADR CENTRAIS ELETRICAS BRASILEIR SPONSORED ADR REPSTG 50 COM SH 15234Q207 $ 9,879.58 638,628 Sole N/A 638,628 XL CAP LTD CL A SHS A G98255105 $ 1,652.01 94,617 Sole N/A 94,617 SPONSORED ADR CENTRAIS ELETRICAS BRASILEIR SPON ADR PFD B REPSTG50PFD CL B 15234Q108 $ 8,683.47 625,610 Sole N/A 625,610 KINDRED HEALTHCARE INC COM COM 494580103 $ 2,022.26 124,600 Sole N/A 124,600 SPONSORED ADR REPSG TELECOMUNICACOES DE SAO PAUL SPON ADR PFD PFD 87929A102 $ 3,481.27 136,200 Sole N/A 136,200 CELLCOM ISRAEL LTD SHS SHS M2196U109 $ 3,187.60 104,752 Sole N/A 104,752 SPONSORED ADR BANCO SANTANDER CHILE NEW SP ADR REP COM REPSTG COM 05965X109 $ 1,967.87 34,200 Sole N/A 34,200 OILSANDS QUEST INC COM COM 678046103 $ 2,407.74 2,130,746 Sole N/A 2,130,746 BRE PROPERTIES INC CL A COM 05564E106 $ 1,439.80 46,000 Sole N/A 46,000 ENERGEN CORP COM COM 29265N108 $ 4,633.25 107,500 Sole N/A 107,500 SPONSORED ADR BANCO MACRO SA SPON ADR B REPSTG CL B 05961W105 $ 1,011.89 41,900 Sole N/A 41,900 PARTNER COMMUNICATIONS CO LT ADR ADR 70211M109 $ 3,030.02 161,000 Sole N/A 161,000 IAMGOLD CORP COM COM 450913108 $ 954.45 67,500 Sole N/A 67,500 SPONSORED ADR BANCO DE CHILE SPONSORED ADR REPSTG COM 059520106 $ 2,481.50 52,242 Sole N/A 52,242 BANCO SANTANDER SA ADR ADR 05964H105 $ 937.70 58,062 Sole N/A 58,062 EASTMAN KODAK CO COM COM 277461109 $ 578.91 121,111 Sole N/A 121,111 AEROPOSTALE COM COM 007865108 $ 973.73 22,400 Sole N/A 22,400 SPONSORED ADR SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B REPSTG SER B SHS 833635105 $ 2,690.19 68,750 Sole N/A 68,750
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- ITC HLDGS CORP COM COM 465685105 $ 99,764.80 2,195,045 Sole N/A 2,195,045 PT INDOSAT TBK SPONSORED ADR SPONSORED ADR 744383100 $ 1,528.37 54,800 Sole N/A 54,800 PHILIPPINE LONG DISTANCE TEL SPONSORED ADR SPONSORED ADR 718252604 $ 5,119.44 99,600 Sole N/A 99,600 GLOBAL CONSUMER ACQST CORP COM 0 378983100 $ 10,385.06 1,059,700 Sole N/A 1,059,700 SILICONWARE PRECISION INDS L SPONSD ADR SPONSORED ADR SPIL 827084864 $ 1,069.10 148,900 Sole N/A 148,900 SPL NAVIOS MARITIME ACQUIS CORP SHS SHS Y62159101 $ 4,488.78 465,400 Sole N/A 465,400 JONES APPAREL GROUP INC COM COM 480074103 $ 296.44 16,533 Sole N/A 16,533 EXTRA SPACE STORAGE INC COM COM 30225T102 $ 548.60 52,000 Sole N/A 52,000 UR ENERGY INC COM COM 91688R108 $ 1,086.70 1,267,780 Sole N/A 1,267,780 ENTERPRISE ACQUISITION CORP COM COM 29365R108 $ 6,334.35 637,900 Sole N/A 637,900 ACADIA RLTY TR COM SH BEN INT COM 004239109 $ 586.07 38,890 Sole N/A 38,890 SPONSORED ADR MINDRAY MEDICAL INTL LTD SPON ADR REPSTG CL A 602675100 $ 541.82 16,600 Sole N/A 16,600 TRIPLECROWN ACQUISITION CORP COM COM 89677G109 $ 6,592.61 679,650 Sole N/A 679,650 INTERVAL LEISURE GROUP INC COM COM 46113M108 $ 194.69 15,600 Sole N/A 15,600 HSN INC COM COM 404303109 $ 135.12 8,300 Sole N/A 8,300 ONCOLYTICS BIOTECH INC COM WTS EXP 22FEB10 682310107 $ 43.53 325,000 Sole N/A 325,000 COMCAST CORP NEW CL A SPL CL A SPL 20030N200 $ 294.01 18,284 Sole N/A 18,284 GOLDEN POND HEALTHCARE INC COM COM 38116J109 $ 1,811.04 231,000 Sole N/A 231,000 MOHAWK INDS INC COM COM 608190104 $ 119.23 2,500 Sole N/A 2,500 PRICESMART INC COM COM 741511109 $ 266.25 14,200 Sole N/A 14,200 SAPIENT CORP COM COM 803062108 $ 110.95 13,800 Sole N/A 13,800 POST PPTYS INC COM COM 737464107 $ 93.60 5,200 Sole N/A 5,200 SPONSORED ADR EMBOTELLADORA ANDINA S A SPON ADR B REPSTG SER B 29081P303 $ 449.00 25,000 Sole N/A 25,000 BPW ACQUISITION CORP COM COM 055637102 $ 1,035.78 105,800 Sole N/A 105,800 MAGMA DESIGN AUTOMATION COM COM 559181102 $ 70.43 33,700 Sole N/A 33,700 CRYSTALLEX INTL CORP COM COM 22942F101 $ 173.78 695,100 Sole N/A 695,100
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- CANADIAN SOLAR INC COM COM 136635109 $ 63.71 3,700 Sole N/A 3,700 GOLD RESV INC CL A CL A 38068N108 $ 39.67 45,600 Sole N/A 45,600 UNIT 1 COM + 1/2 WT LIBERTY ACQUISITION HLDGS CO UNIT 99/99/9999 EXP 53015Y206 $ 296.94 30,300 Sole N/A 30,300 EXTERRAN HLDGS INC COM COM 30225X103 $ 46.06 1,940 Sole N/A 1,940 UNITED STATES CELLULAR CORP COM COM 911684108 $ 906.42 23,200 Sole N/A 23,200 CHARLES RIV LABS INTL INC COM COM 159864107 $ 147.92 4,000 Sole N/A 4,000 ERESEARCHTECHNOLOGY INC COM COM 29481V108 $ 109.90 15,700 Sole N/A 15,700 MGM MIRAGE COM COM 552953101 $ 25.59 2,125 Sole N/A 2,125 TECUMSEH PRODS CO CL A CL A 878895200 $ 79.31 7,000 Sole N/A 7,000 IDEATION ACQUISITION CORP COM COM 451665103 $ 452.53 57,500 Sole N/A 57,500 SANTA MONICA MEDIA CORP COM COM 802501106 $ 923.44 114,600 Sole N/A 114,600 ELIZABETH ARDEN INC COM COM 28660G106 $ 32.96 2,800 Sole N/A 2,800 ATLAS ACQUISITION HLDGS CORP COM COM 049162100 $ 413.33 41,920 Sole N/A 41,920 CABOT OIL & GAS CORP COM COM 127097103 $ 56.77 1,588 Sole N/A 1,588 PITNEY BOWES INC COM COM 724479100 $ 64.06 2,578 Sole N/A 2,578 PROSPECT ACQUISITION CORP COM COM 74347T103 $ 323.73 32,700 Sole N/A 32,700 UNIT 1 COM + 1 WT TRIAN ACQUISITION I CORP UNIT 99/99/9999 EXP 89582E207 $ 279.75 27,630 Sole N/A 27,630 CLEAR CHANNEL OUTDOOR HLDGS CL A COM CL A 18451C109 $ 25.90 3,700 Sole N/A 3,700 LAWSON SOFTWARE INC NEW COM COM 52078P102 $ 49.92 8,000 Sole N/A 8,000 ILLUMINA INC COM COM 452327109 $ 59.50 1,400 Sole N/A 1,400 HIGHLANDS ACQUISITION CORP COM COM 430880104 $ 362.85 36,800 Sole N/A 36,800 CAPITOL ACQUISITION CORP DEL COM COM 14055E104 $ 360.88 36,600 Sole N/A 36,600 COLEMAN CABLE INC COM COM 193459302 $ 11.83 2,700 Sole N/A 2,700 COVANCE INC COM COM 222816100 $ 43.32 800 Sole N/A 800 CHINA HLDGS ACQUISITION CORP COM COM 16942N106 $ 425.68 43,885 Sole N/A 43,885 VERTEX PHARMACEUTICALS INC COM COM 92532F100 $ 60.64 1,600 Sole N/A 1,600 WINN DIXIE STORES INC COM NEW COM NEW 974280307 $ 70.85 5,400 Sole N/A 5,400
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- ASIA SPECIAL SIT ACQST CORP SHS SHS G0538M105 $ 95.79 9,700 Sole N/A 9,700 AMPCO-PITTSBURGH CORP COM COM 032037103 $ 23.93 900 Sole N/A 900 ENZON PHARMACEUTICALS INC COM COM 293904108 $ 47.85 5,800 Sole N/A 5,800 TM ENTMT & MEDIA INC COM COM 87260T108 $ 199.41 25,500 Sole N/A 25,500 BPW ACQUISITION CORP UNIT 99/99/9999 UNIT 1 COM + WT EXP 055637201 $ 45.23 4,400 Sole N/A 4,400 CHORDIANT SOFTWARE INC COM NEW COM NEW 170404305 $ 22.56 5,800 Sole N/A 5,800 O CHARLEYS INC COM COM 670823103 $ 84.33 9,000 Sole N/A 9,000 SECURE AMER ACQUISITION CORP COM COM 81372L103 $ 92.31 11,700 Sole N/A 11,700 ATLAS ACQUISITION HLDGS CORP UNIT 99/99/9999 0 049162209 $ 40.04 4,000 Sole N/A 4,000 TREMISIS ENERGY ACQ CORP II COM COM 89472N101 $ 61.15 7,800 Sole N/A 7,800 SHIP FINANCE INTERNATIONAL L SHS COM USD1 G81075106 $ 7.37 600 Sole N/A 600 ENTERPRISE ACQUISITION CORP UNI UNIT 1 COM + 1 WT 99/99/9999 EX 29365R207 $ 25.38 2,500 Sole N/A 2,500 UNIT 1 COM + 1 WT SAPPHIRE INDUSTRIALS CORP UNIT 99/99/9999 EXP 80306T208 $ 11.40 1,100 Sole N/A 1,100 UNIT 1 COM + 1 WT IDEATION ACQUISITION CORP UNIT 99/99/9999 EXP 451665202 $ 2.86 300 Sole N/A 300 SPORTS PPTYS ACQUISITION COR UNIT COMMON STCOCK 99/99/9999 UNIT 84920F206 $ 15.04 1,500 Sole N/A 1,500 LIBERTY GLOBAL INC COM SER A COM SER A 530555101 $ 0.88 39 Sole N/A 39 OVERTURE ACQUISITION CORP SHS 0 G6830P100 $ 11.91 1,200 Sole N/A 1,200 TELUS CORP NON-VTG SHS NON VTG SHS 87971M202 $ 1.33 43 Sole N/A 43 UNIT 1 COM + 1 WT PROSPECT ACQUISITION CORP UNIT 99/99/9999 EXP 74347T202 $ 3.09 300 Sole N/A 300 SIRIUS XM RADIO INC COM COM 82967N108 $ 0.25 400 Sole N/A 400 INTER ATLANTIC FINANCIAL INC COM COM 45890H100 $ 125.12 16,000 Sole N/A 16,000 UNITED REFINING ENERGY CORP UNIT 12/11/2011 COMMON STOCK UNIT 911360204 $ 2.03 200 Sole N/A 200 GOLDEN POND HEALTHCARE INC UNIT UNIT 1 COM + 1 WT 99/99/9999 EXP 38116J208 $ 3.17 400 Sole N/A 400
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- SANTA MONICA MEDIA CORP UNIT 99/99/9999 UNIT 1 COM 1 WT EXP 802501205 $ 4.03 500 Sole N/A 500 COVANTA HLDG CORP COM COM 22282E102 $ 18.79 1,105 Sole N/A 1,105 TRIPLECROWN ACQUISITION CORP UNIT 07/12/2012 0 89677G208 $ 4.36 445 Sole N/A 445 IMA EXPLORATION INC COM WT EXP 21MAR10 UNIT 1 COM + 1 WT 449664101 $ 0.31 67,500 Sole N/A 67,500 TREMISIS ENERGY ACQ CORP II UNIT 99/99/9999 EXP UNIT 1 COM / 1 WT 89472N200 $ 0.80 100 Sole N/A 100 GLOBAL CONSUMER ACQST CORP UNIT 99/99/9999 EXP 378983209 $ 0.20 20 Sole N/A 20 SP ACQUISITION HOLDINGS INC UNIT UNIT 1 COM 1 WT 99/99/9999 EXP 78470A203 $ 0.98 100 Sole N/A 100 SP ACQUISITION HOLDINGS INC COM COM UNIT 1 COM + 1 WT 78470A104 $ 5,266.89 544,100 Sole N/A 544,100 HIGHLANDS ACQUISITION CORP UNIT 99/99/9999 EXP 430880203 $ 98.25 10,000 Sole N/A 10,000 LABOPHARM INC COM COM 504905100 $ 8.34 5,700 Sole N/A 5,700 ENERSIS S A SPONSORED ADR SPONSORED ADR 29274F104 $ 12,690.94 687,856 Sole N/A 687,856 VECTREN CORP COM COM 92240G101 $ 1,299.46 56,400 Sole N/A 56,400 COMPANIA CERVECERIAS UNIDAS SPONSORED ADR SPONSORED ADR 204429104 $ 2,111.91 61,500 Sole N/A 61,500 HIMAX TECHNOLOGIES INC SPONSORED ADR SPONSORED ADR 43289P106 $ 1,104.23 331,600 Sole N/A 331,600 ROSTELECOM OPEN JT STK LNG D SPONSORED ADR SPONSORED ADR 778529107 $ 2,965.60 101,008 Sole N/A 101,008 EMPRESA NACIONAL DE ELCTRCID SPONSORED ADR SPONSORED ADR 29244T101 $ 16,866.59 359,859 Sole N/A 359,859 BERKSHIRE HATHAWAY INC DEL CL A CL A 084670108 $ 106,555.01 1,055 Sole N/A 1,055 WASHINGTON POST CO CL B CL B 939640108 $ 7.02 15 Sole N/A 15 SUNOCO INC COM COM 86764P109 $ 3,017.41 106,060 Sole N/A 106,060 AMEREN CORP COM COM 023608102 $ 3,237.58 128,069 Sole N/A 128,069 MDU RES GROUP INC COM COM 552690109 $ 3,571.61 171,300 Sole N/A 171,300 QUANTA SVCS INC COM COM 74762E102 $ 44.26 2,000 Sole N/A 2,000 DIAMOND OFFSHORE DRILLING IN COM COM 25271C102 $ 42.32 443 Sole N/A 443
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- WHITING PETE CORP NEW COM COM 966387102 $ 2,320.47 40,300 Sole N/A 40,300 WYNN RESORTS LTD COM COM 983134107 $ 77.98 1,100 Sole N/A 1,100 MEDIDATA SOLUTIONS INC COM ADDED COMMON STOCK 58471A105 $ (13.64) (900) Sole N/A (900) CABLEVISION NY CABLEVISION SYS CORP CL A NY CABLVS GROUP COM 12686C109 $ 4.13 174 Sole N/A 174 WISCONSIN ENERGY CORP COM COM 976657106 $ 61.07 1,352 Sole N/A 1,352 BERKSHIRE HATHAWAY INC DEL CL B CL B 084670207 $ 55,743.33 16,775 Sole N/A 16,775 EXELON CORP COM COM 30161N101 $ 5,697.07 114,814 Sole N/A 114,814 PATTERSON COMPANIES INC COM COM 703395103 $ 20.98 770 Sole N/A 770 FASTENAL CO COM COM 311900104 $ 20.05 518 Sole N/A 518 APARTMENT INVT & MGMT CO CL A CLASS A 03748R101 $ 1,215.40 82,400 Sole N/A 82,400 AVERY DENNISON CORP COM COM 053611109 $ 20.74 576 Sole N/A 576 INTUITIVE SURGICAL INC COM NEW COM NEW 46120E602 $ 18.36 70 Sole N/A 70 BAKER HUGHES INC COM COM 057224107 $ 9,537.33 223,566 Sole N/A 223,566 SUNPOWER CORP COM CL B COM CL B 867652307 $ 1.84 73 Sole N/A 73 ENTERGY CORP NEW COM COM 29364G103 $ 1,168.27 14,629 Sole N/A 14,629 GENUINE PARTS CO COM COM 372460105 $ 5.29 139 Sole N/A 139 NORDSTROM INC COM COM 655664100 $ 23.64 774 Sole N/A 774 STERICYCLE INC COM COM 858912108 $ 22.04 455 Sole N/A 455 SALESFORCE COM INC COM COM 79466L302 $ 142.78 2,508 Sole N/A 2,508 HARLEY DAVIDSON INC COM COM 412822108 $ 21.37 929 Sole N/A 929 ALLEGHENY ENERGY INC COM COM 017361106 $ 16.95 639 Sole N/A 639 LEUCADIA NATL CORP COM COM 527288104 $ 33.15 1,341 Sole N/A 1,341 RANGE RES CORP COM COM 75281A109 $ 421.63 8,542 Sole N/A 8,542 STARWOOD HOTELS&RESORTS WRLD COM COM 85590A401 $ 16.58 502 Sole N/A 502 QUEST DIAGNOSTICS INC COM COM 74834L100 $ 6,973.68 133,621 Sole N/A 133,621 SHAW GROUP INC COM COM 820280105 $ 3.21 100 Sole N/A 100 JABIL CIRCUIT INC COM COM 466313103 $ 2.33 174 Sole N/A 174 PENNEY J C INC COM COM 708160106 $ 383.03 11,349 Sole N/A 11,349 AMETEK INC NEW COM COM 031100100 $ 29.81 854 Sole N/A 854 BED BATH & BEYOND INC COM COM 075896100 $ 79.85 2,127 Sole N/A 2,127
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- LIMITED BRANDS INC COM COM 532716107 $ 138.67 8,162 Sole N/A 8,162 SEARS HLDGS CORP COM COM 812350106 $ 0.20 3 Sole N/A 3 NEWELL RUBBERMAID INC COM COM 651229106 $ 0.85 54 Sole N/A 54 PRECISION CASTPARTS CORP COM COM 740189105 $ 1,169.98 11,485 Sole N/A 11,485 PACCAR INC COM COM 693718108 $ 40.88 1,084 Sole N/A 1,084 HESS CORP COM COM 42809H107 $ 6.74 126 Sole N/A 126 KOPPERS HOLDINGS INC COM COM 50060P106 $ 195.69 6,600 Sole N/A 6,600 MARRIOTT INTL INC NEW CL A CL A 571903202 $ 18.42 668 Sole N/A 668 PALL CORP COM COM 696429307 $ 1,051.20 32,565 Sole N/A 32,565 KOHLS CORP COM COM 500255104 $ 42.50 745 Sole N/A 745 OMNICOM GROUP INC COM COM 681919106 $ 7.17 194 Sole N/A 194 COACH INC COM COM 189754104 $ 97.71 2,968 Sole N/A 2,968 BLOCK H & R INC COM COM 093671105 $ 5,957.66 324,138 Sole N/A 324,138 BEST BUY INC COM COM STK USD0.10 086516101 $ 8.89 237 Sole N/A 237 HOSPIRA INC COM COM 441060100 $ 173.67 3,894 Sole N/A 3,894 SEMPRA ENERGY COM COM 816851109 $ 3,347.33 67,202 Sole N/A 67,202 EQT CORP COM COM 26884L109 $ 2.00 47 Sole N/A 47 ROWAN COS INC COM COM 779382100 $ 382.96 16,600 Sole N/A 16,600 FEDEX CORP COM COM 31428X106 $ 17.30 230 Sole N/A 230 DANAHER CORP DEL COM COM 235851102 $ 144.74 2,150 Sole N/A 2,150 NIKE INC CL B CL B 654106103 $ 28.34 438 Sole N/A 438 TELLABS INC COM COM 879664100 $ 821.40 118,700 Sole N/A 118,700 CALPINE CORP COM NEW COM NEW 131347304 $ 2,783.37 241,612 Sole N/A 241,612 RELIANCE STEEL & ALUMINUM CO COM COM 759509102 $ 7,317.77 171,940 Sole N/A 171,940 LOCKHEED MARTIN CORP COM COM 539830109 $ 12,341.17 158,058 Sole N/A 158,058 SOUTHWESTERN ENERGY CO COM COM 845467109 $ 30.26 709 Sole N/A 709 PAIRED 1 COM CARN CARNIVAL CORP PAIRED CTF +1 TR SH BEN 143658300 $ 129.79 3,900 Sole N/A 3,900 ONEOK INC NEW COM COM 682680103 $ 258.79 7,067 Sole N/A 7,067 GAP INC DEL COM COM 364760108 $ 4,491.86 209,900 Sole N/A 209,900 COCA COLA ENTERPRISES INC COM COM STK 191219104 $ 12,151.07 567,542 Sole N/A 567,542
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- INTERPUBLIC GROUP COS INC COM COM 460690100 $ 0.10 13 Sole N/A 13 PG&E CORP COM COM 69331C108 $ 3,638.67 89,866 Sole N/A 89,866 WILLIAMS SONOMA INC COM COM 969904101 $ 2,130.83 105,330 Sole N/A 105,330 MILLER HERMAN INC COM COM 600544100 $ 3,654.25 216,100 Sole N/A 216,100 STONE ENERGY CORP COM COM 861642106 $ 5,312.90 325,745 Sole N/A 325,745 DIRECTV GROUP INC COM COM 25459L106 $ 94.85 3,439 Sole N/A 3,439 STATE STR CORP COM COM 857477103 $ 30,496.01 579,772 Sole N/A 579,772 DOMINION RES INC VA NEW COM COM 25746U109 $ 1,708.54 49,523 Sole N/A 49,523 ADVANCED MICRO DEVICES INC COM COM 007903107 $ 1.59 281 Sole N/A 281 CELGENE CORP COM COM 151020104 $ 7.77 139 Sole N/A 139 AUTOZONE INC COM COM 053332102 $ 5,351.36 36,598 Sole N/A 36,598 WHITE MTNS INS GROUP LTD COM SHS G9618E107 $ 706.12 2,300 Sole N/A 2,300 JOHNSON CTLS INC COM COM 478366107 $ 1,654.98 64,749 Sole N/A 64,749 LAS VEGAS SANDS CORP COM COM 517834107 $ 13.47 800 Sole N/A 800 VIACOM INC NEW CL B CL B 92553P201 $ 4,838.19 172,546 Sole N/A 172,546 INTREPID POTASH INC COM COM 46121Y102 $ 0.59 25 Sole N/A 25 STARBUCKS CORP COM COM 855244109 $ 25.07 1,214 Sole N/A 1,214 CBS CORP NEW CL B CL B 124857202 $ 19,736.09 1,637,850 Sole N/A 1,637,850 SCHWAB CHARLES CORP NEW COM NEW COM STK 808513105 $ 25,766.46 1,345,507 Sole N/A 1,345,507 ILLINOIS TOOL WKS INC COM COM 452308109 $ 5,439.46 127,358 Sole N/A 127,358 STAPLES INC COM COM 855030102 $ 3.65 157 Sole N/A 157 CAMECO CORP COM COM 13321L108 $ 90,839.69 3,281,664 Sole N/A 3,281,664 BOEING CO COM COM 097023105 $ 2.92 54 Sole N/A 54 ALLEGHENY TECHNOLOGIES INC COM COM 01741R102 $ 32.12 918 Sole N/A 918 SOUTHWEST AIRLS CO COM COM 844741108 $ 2.04 212 Sole N/A 212 HCP INC COM COM 40414L109 $ 7,120.16 247,744 Sole N/A 247,744 HUMANA INC COM COM 444859102 $ 268.11 7,188 Sole N/A 7,188 BALL CORP COM COM 058498106 $ 3,398.15 69,068 Sole N/A 69,068 BLACKROCK INC COM COM 09247X101 $ 86.73 400 Sole N/A 400 BORGWARNER INC COM COM 099724106 $ 1,322.36 43,700 Sole N/A 43,700 VERISIGN INC COM COM 92343E102 $ 4,060.37 171,396 Sole N/A 171,396 ROCKWOOD HLDGS INC COM COM 774415103 $ 111.08 5,400 Sole N/A 5,400
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- M & T BK CORP COM COM 55261F104 $ 106.19 1,704 Sole N/A 1,704 SCHEIN HENRY INC COM COM 806407102 $ 2,514.88 45,800 Sole N/A 45,800 PIONEER NAT RES CO COM COM 723787107 $ 25.98 716 Sole N/A 716 DUN & BRADSTREET CORP DEL NE COM COM 26483E100 $ 8,051.33 106,895 Sole N/A 106,895 TRANSITION THERAPEUTICS INC COM NEW COM NEW 893716209 $ 0.01 1 Sole N/A 1 XCEL ENERGY INC COM COM 98389B100 $ 3,302.22 171,633 Sole N/A 171,633 MICRON TECHNOLOGY INC COM COM 595112103 $ 0.54 66 Sole N/A 66 PUBLIC SVC ENTERPRISE GROUP COM COM 744573106 $ 5,202.75 165,482 Sole N/A 165,482 RITCHIE BROS AUCTIONEERS COM COM 767744105 $ 9,044.05 366,301 Sole N/A 366,301 AXIS CAPITAL HOLDINGS SHS SHS G0692U109 $ 7,182.84 238,000 Sole N/A 238,000 AES CORP COM COM 00130H105 $ 18.21 1,229 Sole N/A 1,229 CEPHALON INC COM COM 156708109 $ 48.28 829 Sole N/A 829 ESSEX PPTY TR INC COM COM 297178105 $ 1,412.70 17,752 Sole N/A 17,752 MCDERMOTT INTL INC COM COM 580037109 $ 58.12 2,300 Sole N/A 2,300 DAVITA INC COM COM 23918K108 $ 2,564.94 45,285 Sole N/A 45,285 TARGET CORP COM COM 87612E106 $ 41.13 881 Sole N/A 881 OWENS & MINOR INC NEW COM COM 690732102 $ 3,728.60 82,400 Sole N/A 82,400 CNA FINL CORP COM COM 126117100 $ 610.57 25,293 Sole N/A 25,293 FLOWSERVE CORP COM COM 34354P105 $ 29.17 296 Sole N/A 296 BJS WHOLESALE CLUB INC COM COM 05548J106 $ 2,100.76 58,000 Sole N/A 58,000 REYNOLDS AMERICAN INC COM COM 761713106 $ 1,089.00 24,461 Sole N/A 24,461 MCDONALDS CORP COM COM 580135101 $ 9.99 175 Sole N/A 175 REPUBLIC SVCS INC COM COM 760759100 $ 40.20 1,513 Sole N/A 1,513 STRYKER CORP COM COM 863667101 $ 6,657.49 146,544 Sole N/A 146,544 BARD C R INC COM COM 067383109 $ 5,279.05 67,155 Sole N/A 67,155 BJ SVCS CO COM COM 055482103 $ 2,405.61 123,809 Sole N/A 123,809 LORILLARD INC COM COM 544147101 $ 19,551.67 263,145 Sole N/A 263,145 HELMERICH & PAYNE INC COM COM 423452101 $ 2,171.98 54,945 Sole N/A 54,945 INTERNATIONAL GAME TECHNOLOG COM COM 459902102 $ 13.02 606 Sole N/A 606
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- PUBLIC STORAGE COM COM 74460D109 $ 14,179.58 188,458 Sole N/A 188,458 BCE INC PUT COM NEW 05534B950 $ 24,248.24 986,193 Sole N/A 986,193 AMERICAN CAMPUS CMNTYS INC COM COM 024835100 $ 1,111.56 41,399 Sole N/A 41,399 SUNPOWER CORP COM CL A COM CL A 867652109 $ 340.75 11,400 Sole N/A 11,400 BANK OF NEW YORK MELLON CORP COM COM 064058100 $ 41,309.33 1,424,951 Sole N/A 1,424,951 TYSON FOODS INC CL A CLS A COM 902494103 $ 52.44 4,152 Sole N/A 4,152 TRANSOCEAN LTD REG SHS NAMEN AKT H8817H100 $ 26,976.51 315,404 Sole N/A 315,404 NRG ENERGY INC COM NEW COM NEW 629377508 $ 4,971.59 176,360 Sole N/A 176,360 FORTUNE BRANDS INC COM COM 349631101 $ 145.62 3,388 Sole N/A 3,388 UNITED PARCEL SERVICE INC CL B CL B 911312106 $ 2,179.23 38,591 Sole N/A 38,591 AIR PRODS & CHEMS INC COM COM 009158106 $ 25.83 333 Sole N/A 333 MACERICH CO COM COM 554382101 $ 2,051.07 67,625 Sole N/A 67,625 AFFILIATED COMPUTER SERVICES CL A CL A 008190100 $ 8,382.27 154,740 Sole N/A 154,740 EASTMAN CHEM CO COM COM 277432100 $ 4,392.96 82,050 Sole N/A 82,050 DOLBY LABORATORIES INC COM CL A 25659T107 $ 374.26 9,800 Sole N/A 9,800 MOSAIC CO COM COM 61945A107 $ 9.61 200 Sole N/A 200 NEWFIELD EXPL CO COM COM 651290108 $ 8.51 200 Sole N/A 200 CDN IMPERIAL BK OF COMMERCE COM COM 136069101 $ 2.19 36 Sole N/A 36 HNI CORP COM COM 404251100 $ 308.69 13,080 Sole N/A 13,080 ALLIANCE DATA SYSTEMS CORP COM COM 018581108 $ 4,653.26 76,183 Sole N/A 76,183 BIOVAIL CORP COM COM 09067J109 $ 19,491.57 1,266,362 Sole N/A 1,266,362 OWENS ILL INC COM NEW COM NEW 690768403 $ 5,959.02 161,491 Sole N/A 161,491 ALCON INC COM SHS COM H01301102 $ 13,007.25 93,800 Sole N/A 93,800 EQUITY RESIDENTIAL SH BEN INT SH BEN INT 29476L107 $ 11,487.17 374,175 Sole N/A 374,175 OMEGA HEALTHCARE INVS INC COM REAL ESTATE 681936100 $ 1,845.52 115,201 Sole N/A 115,201 CF INDS HLDGS INC COM COM 125269100 $ 10,132.11 117,501 Sole N/A 117,501 ECOLAB INC COM COM 278865100 $ 5,833.44 126,183 Sole N/A 126,183 REGENCY CTRS CORP COM COM 758849103 $ 2,632.77 71,060 Sole N/A 71,060 FLIR SYS INC COM COM 302445101 $ 32.56 1,164 Sole N/A 1,164 DISNEY WALT CO COM DISNEY DISNEY COM 254687106 $ 10.68 389 Sole N/A 389
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- SUNTECH PWR HLDGS CO LTD ADR ADR 86800C104 $ 21.28 1,400 Sole N/A 1,400 DENBURY RES INC COM NEW COM NEW 247916208 $ 66.45 4,392 Sole N/A 4,392 CHESAPEAKE ENERGY CORP COM COM 165167107 $ 93.75 3,301 Sole N/A 3,301 AVALONBAY CMNTYS INC COM COM 053484101 $ 3,277.94 45,070 Sole N/A 45,070 HORMEL FOODS CORP COM COM 440452100 $ 275.17 7,747 Sole N/A 7,747 HARRIS CORP DEL COM COM 413875105 $ 5,100.25 135,645 Sole N/A 135,645 PRIDE INTL INC DEL COM COM 74153Q102 $ 7,953.97 261,300 Sole N/A 261,300 CHUBB CORP COM COM 171232101 $ 20,485.72 406,382 Sole N/A 406,382 MCAFEE INC COM COM 579064106 $ 307.84 7,030 Sole N/A 7,030 WEATHERFORD INTERNATIONAL LT REG SHS H27013103 $ 15,037.85 725,415 Sole N/A 725,415 LABORATORY CORP AMER HLDGS COM NEW COM NEW 50540R409 $ 2,606.84 39,678 Sole N/A 39,678 AURIZON MINES LTD COM COMMON 05155P106 $ 32,790.78 7,488,159 Sole N/A 7,488,159 ENSCO INTL INC COM COM 26874Q100 $ 6,145.41 144,462 Sole N/A 144,462 GENESEE & WYO INC CL A CL A 371559105 $ 191.02 6,300 Sole N/A 6,300 VULCAN MATLS CO COM COM 929160109 $ 5.73 106 Sole N/A 106 KIMBERLY CLARK CORP COM COM 494368103 $ 37,182.47 630,425 Sole N/A 630,425 SIGMA ALDRICH CORP COM COM 826552101 $ 92.31 1,710 Sole N/A 1,710 SOUTHERN COPPER CORP COM COM 84265V105 $ 11,849.90 386,116 Sole N/A 386,116 LOWES COS INC COM USD0.50 548661107 $ 6.85 327 Sole N/A 327 NAVISTAR INTL CORP NEW COM COM 63934E108 $ 8,316.86 222,257 Sole N/A 222,257 SAFEWAY INC COM NEW COM NEW 786514208 $ 7,169.90 363,585 Sole N/A 363,585 EOG RES INC COM COM 26875P101 $ 14,265.18 170,820 Sole N/A 170,820 CORPORATE OFFICE PPTYS TR SH BEN INT COM 22002T108 $ 199.15 5,400 Sole N/A 5,400 BECTON DICKINSON & CO COM COM 075887109 $ 4,682.32 67,130 Sole N/A 67,130 ROYAL CARIBBEAN CRUISES LTD COM SHS V7780T103 $ 161.34 6,700 Sole N/A 6,700 AMDOCS LTD ORD SHS G02602103 $ 5,483.52 204,000 Sole N/A 204,000 COMPUTER SCIENCES CORP COM COM 205363104 $ 17,210.03 326,504 Sole N/A 326,504 INTUIT COM COM 461202103 $ 2,535.56 88,967 Sole N/A 88,967 HEALTH CARE REIT INC COM COM 42217K106 $ 1,083.70 26,038 Sole N/A 26,038
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- CAL MAINE FOODS INC COM NEW COM NEW 128030202 $ 649.07 24,246 Sole N/A 24,246 KEYCORP NEW COM COM 493267108 $ 3,517.14 541,099 Sole N/A 541,099 SIMON PPTY GROUP INC NEW COM COM 828806109 $ 26,985.08 388,666 Sole N/A 388,666 CIGNA CORP COM COM 125509109 $ 7,698.26 274,057 Sole N/A 274,057 KINGSWAY FINL SVCS INC COM COM 496904103 $ 69.03 16,212 Sole N/A 16,212 SPX CORP COM COM 784635104 $ 4,999.63 81,600 Sole N/A 81,600 CONTINENTAL RESOURCES INC COM COM 212015101 $ 376.03 9,600 Sole N/A 9,600 PEABODY ENERGY CORP COM COM 704549104 $ 6,462.92 173,641 Sole N/A 173,641 OPEN TEXT CORP COM COM 683715106 $ 42,432.37 1,135,444 Sole N/A 1,135,444 TANGER FACTORY OUTLET CTRS I COM COM 875465106 $ 1,284.50 34,400 Sole N/A 34,400 ULTRA PETROLEUM CORP COM COM 903914109 $ 4,528.80 92,500 Sole N/A 92,500 OSI PHARMACEUTICALS INC COM COM 671040103 $ 1,281.39 36,300 Sole N/A 36,300 SYSCO CORP COM COM 871829107 $ 21,587.79 868,724 Sole N/A 868,724 ROPER INDS INC NEW COM COM 776696106 $ 1,554.13 30,485 Sole N/A 30,485 BUNGE LIMITED COM SHS G16962105 $ 14,024.64 224,000 Sole N/A 224,000 METLIFE INC COM COM 59156R108 $ 36,040.76 946,697 Sole N/A 946,697 WALGREEN CO COM COM 931422109 $ 45,058.88 1,202,532 Sole N/A 1,202,532 ALLERGAN INC COM COM 018490102 $ 2,359.63 41,572 Sole N/A 41,572 BMC SOFTWARE INC COM COM 055921100 $ 12,920.12 344,261 Sole N/A 344,261 VENTAS INC COM COM 92276F100 $ 5,749.74 149,344 Sole N/A 149,344 ELECTRONIC ARTS INC COM COM 285512109 $ 76.30 4,005 Sole N/A 4,005 CLIFFS NATURAL RESOURCES INC COM COM 18683K101 $ 5,514.14 170,400 Sole N/A 170,400 MCKESSON CORP COM COM 58155Q103 $ 10,115.16 169,860 Sole N/A 169,860 KROGER CO COM COM 501044101 $ 17,866.65 865,632 Sole N/A 865,632 GOOGLE INC CL A CL A 38259P508 $ 82,307.63 165,993 Sole N/A 165,993 BROWN FORMAN CORP CL B CLASS B 115637209 $ 6,728.28 139,533 Sole N/A 139,533 PEPCO HOLDINGS INC COM COM 713291102 $ 24.60 1,653 Sole N/A 1,653 ST JUDE MED INC COM COM 790849103 $ 7,969.55 204,295 Sole N/A 204,295 FMC TECHNOLOGIES INC COM COM 30249U101 $ 1,885.55 36,094 Sole N/A 36,094 AGNICO EAGLE MINES LTD COM COM 008474108 $ 31,088.87 458,200 Sole N/A 458,200 APOLLO GROUP INC CL A CL A 037604105 $ 13,415.31 182,100 Sole N/A 182,100
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- ALEXANDRIA REAL ESTATE EQ IN COM COM 015271109 $ 2,553.69 46,986 Sole N/A 46,986 BOSTON PROPERTIES INC COM COM 101121101 $ 4,421.54 67,453 Sole N/A 67,453 COMERICA INC COM COM 200340107 $ 7,222.87 243,440 Sole N/A 243,440 PPG INDS INC COM COM 693506107 $ 2,564.03 44,048 Sole N/A 44,048 DENTSPLY INTL INC NEW COM COM 249030107 $ 1,307.17 37,845 Sole N/A 37,845 TEREX CORP NEW COM COM 880779103 $ 2,247.42 108,414 Sole N/A 108,414 ALTERA CORP COM COM 021441100 $ 7,966.25 388,408 Sole N/A 388,408 DIGITAL RLTY TR INC COM COM 253868103 $ 3,048.31 66,688 Sole N/A 66,688 CA INC COM COM 12673P105 $ 4,082.99 185,675 Sole N/A 185,675 AMERICAN EXPRESS CO COM COM 025816109 $ 48,281.33 1,424,228 Sole N/A 1,424,228 FEDERAL REALTY INVT TR SH BEN INT NEW SH BEN INT NEW 313747206 $ 1,971.51 32,125 Sole N/A 32,125 NASDAQ OMX GROUP INC COM COM ACCREDITED INVS 631103108 $ 1,119.19 53,168 Sole N/A 53,168 BB&T CORP COM COM 054937107 $ 10,559.04 387,630 Sole N/A 387,630 PATTERSON UTI ENERGY INC COM COM 703481101 $ 6,133.62 406,200 Sole N/A 406,200 MARTIN MARIETTA MATLS INC COM COM 573284106 $ (46.77) (508) Sole N/A (508) AMERIPRISE FINL INC COM COM 03076C106 $ 12,099.38 333,041 Sole N/A 333,041 NABORS INDUSTRIES LTD SHS SHS G6359F103 $ 13,627.09 652,014 Sole N/A 652,014 PETROHAWK ENERGY CORP COM COM 716495106 $ 87.13 3,599 Sole N/A 3,599 BIOMED REALTY TRUST INC COM COM 09063H107 $ 552.00 40,000 Sole N/A 40,000 ZIMMER HLDGS INC COM COM 98956P102 $ 1,736.43 32,487 Sole N/A 32,487 ZIMMER HLDGS INC COM COM 98956P102 $ 1,736.43 32,487 Sole N/A 32,487 CARDINAL HEALTH INC COM COM 14149Y108 $ 3,246.61 121,142 Sole N/A 121,142 INTL PAPER CO COM COM 460146103 $ 10,688.65 480,821 Sole N/A 480,821 LIFE TECHNOLOGIES CORP COM COM 53217V109 $ 5,018.46 107,808 Sole N/A 107,808 PNC FINL SVCS GROUP INC COM COM 693475105 $ 23,278.21 479,074 Sole N/A 479,074 LILLY ELI & CO COM COM 532457108 $ 25,946.75 785,551 Sole N/A 785,551 EXPEDIA INC DEL COM COM 30212P105 $ 1,184.40 49,453 Sole N/A 49,453 AK STL HLDG CORP COM COM 001547108 $ 13.81 700 Sole N/A 700 ORACLE CORP COM COM 68389X105 $ 64,872.01 3,112,860 Sole N/A 3,112,860
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- OCH ZIFF CAP MGMT GROUP CL A 0 67551U105 $ 27.99 2,300 Sole N/A 2,300 KANSAS CITY SOUTHERN COM NEW COM NEW 485170302 $ 2.62 99 Sole N/A 99 CROWN HOLDINGS INC COM COM 228368106 $ 4,452.64 163,700 Sole N/A 163,700 TERRA INDS INC COM COM 880915103 $ 5,266.37 151,900 Sole N/A 151,900 THERMO FISHER SCIENTIFIC INC COM COM 883556102 $ 8,985.32 205,755 Sole N/A 205,755 ANALOG DEVICES INC COM COM 032654105 $ 10,496.67 380,590 Sole N/A 380,590 TRAVELERS COMPANIES INC COM COM 89417E109 $ 38,397.73 779,966 Sole N/A 779,966 BECKMAN COULTER INC COM COM 075811109 $ 896.22 13,000 Sole N/A 13,000 KHD HUMBOLDT WEDAG INTL LTD COM COM 482462108 $ 3,058.74 294,676 Sole N/A 294,676 GENERAL MARITIME CORP NEW SHS SHS Y2693R101 $ 56.02 7,238 Sole N/A 7,238 AMERISOURCEBERGEN CORP COM COM 03073E105 $ 8,438.07 377,036 Sole N/A 377,036 F M C CORP COM NEW COM NEW 302491303 $ 3,195.00 56,800 Sole N/A 56,800 AETNA INC NEW COM COM 00817Y108 $ 6,489.57 233,186 Sole N/A 233,186 LSI CORPORATION COM COM 502161102 $ 4,120.99 750,636 Sole N/A 750,636 MEDCO HEALTH SOLUTIONS INC COM COM 58405U102 $ 11,627.21 210,219 Sole N/A 210,219 WELLPOINT INC COM COM 94973V107 $ 17,033.36 359,657 Sole N/A 359,657 HARSCO CORP COM COM 415864107 $ 3.54 100 Sole N/A 100 IRON MTN INC COM COM 462846106 $ 21.25 797 Sole N/A 797 CORRIENTE RES INC COM NEW COMM 22027E409 $ 8,937.24 1,414,800 Sole N/A 1,414,800 DEERE & CO COM COM 244199105 $ 1,089.65 25,388 Sole N/A 25,388 TRIMBLE NAVIGATION LTD COM COM 896239100 $ 638.40 26,700 Sole N/A 26,700 XTO ENERGY INC COM COM 98385X106 $ 9,543.80 230,973 Sole N/A 230,973 LOEWS CORP COM COM 540424108 $ 4,450.65 129,946 Sole N/A 129,946 METROPCS COMMUNICATIONS INC COM COM 591708102 $ 716.86 76,588 Sole N/A 76,588 MOLEX INC COM COM 608554101 $ 6,554.96 313,935 Sole N/A 313,935 BURLINGTON NORTHN SANTA FE C COM COM 12189T104 $ 1,567.78 19,639 Sole N/A 19,639 MICROCHIP TECHNOLOGY INC COM COM 595017104 $ 3,279.96 123,772 Sole N/A 123,772 AIRGAS INC COM COM 009363102 $ 1,286.64 26,600 Sole N/A 26,600 PATRIOT COAL CORP COM COM 70336T104 $ 1.18 100 Sole N/A 100 VARIAN MED SYS INC COM COM 92220P105 $ 9,738.64 231,157 Sole N/A 231,157
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- ACTIVISION BLIZZARD INC COM COM 00507V109 $ 12.96 1,046 Sole N/A 1,046 NCR CORP NEW COM COM 62886E108 $ 2,739.52 198,229 Sole N/A 198,229 SARA LEE CORP COM COM 803111103 $ 10,060.49 903,096 Sole N/A 903,096 CIMAREX ENERGY CO COM COM 171798101 $ 7,927.56 183,000 Sole N/A 183,000 W & T OFFSHORE INC COM COM 92922P106 $ 3,377.16 288,400 Sole N/A 288,400 HUNT J B TRANS SVCS INC COM COM 445658107 $ 588.24 18,308 Sole N/A 18,308 AGCO CORP COM COM 001084102 $ 33.16 1,200 Sole N/A 1,200 WILLIAMS COS INC DEL COM COM 969457100 $ 6,361.74 356,001 Sole N/A 356,001 PRUDENTIAL FINL INC COM COM 744320102 $ 25,532.91 511,579 Sole N/A 511,579 JUNIPER NETWORKS INC COM COM 48203R104 $ 15,204.13 562,699 Sole N/A 562,699 DOUGLAS EMMETT INC COM COM 25960P109 $ 245.17 19,965 Sole N/A 19,965 BROOKFIELD ASSET MGMT INC CL A LTD VT SH VOTING SHS CL A 112585104 $ 10,248.62 451,368 Sole N/A 451,368 WEYERHAEUSER CO COM COM 962166104 $ 2.16 59 Sole N/A 59 PROLOGIS SH BEN INT SH BEN INT 743410102 $ 6,310.13 529,373 Sole N/A 529,373 UNITEDHEALTH GROUP INC COM COM 91324P102 $ 20,378.43 813,835 Sole N/A 813,835 IMAX CORP COM COM 45245E109 $ 0.95 101 Sole N/A 101 FISERV INC COM COM 337738108 $ 828.56 17,190 Sole N/A 17,190 PPL CORP COM COM 69351T106 $ 932.23 30,726 Sole N/A 30,726 LINEAR TECHNOLOGY CORP COM COM 535678106 $ 3,526.39 127,629 Sole N/A 127,629 COVIDIEN PLC SHS COMMON STOCK G2554F105 $ 32,819.37 758,654 Sole N/A 758,654 VERIGY LTD SHS SHS Y93691106 $ 0.91 78 Sole N/A 78 FREEPORT-MCMORAN COPPER & GO COM COMMON 35671D857 $ 9,820.22 143,131 Sole N/A 143,131 AMPHENOL CORP NEW CL A CL A 032095101 $ 3,738.91 99,228 Sole N/A 99,228 KRAFT FOODS INC CL A CL A 50075N104 $ 75,700.19 2,881,621 Sole N/A 2,881,621 JANUS CAP GROUP INC COM COM 47102X105 $ 633.60 44,683 Sole N/A 44,683 RED HAT INC COM COM 756577102 $ 5,536.29 200,300 Sole N/A 200,300 CRYPTOLOGIC LIMITED SHS 0 G3159C109 $ 294.42 50,001 Sole N/A 50,001 MOODYS CORP COM COM 615369105 $ 3,937.36 192,442 Sole N/A 192,442 COSTCO WHSL CORP NEW COM COM 22160K105 $ 24,001.99 425,115 Sole N/A 425,115 VALERO ENERGY CORP NEW COM COM 91913Y100 $ 6,502.96 335,377 Sole N/A 335,377 ENERGIZER HLDGS INC COM COM 29266R108 $ 82.06 1,237 Sole N/A 1,237
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- PROVIDENT ENERGY TR TR UNIT TR UNIT 74386K104 $ 10,828.89 1,874,620 Sole N/A 1,874,620 AGRIUM INC COM COM 008916108 $ 96,223.16 1,929,677 Sole N/A 1,929,677 EXCO RESOURCES INC COM COM 269279402 $ 543.88 29,100 Sole N/A 29,100 MAXIM INTEGRATED PRODS INC COM COM 57772K101 $ 7,702.24 424,600 Sole N/A 424,600 KLA-TENCOR CORP COM COM 482480100 $ 67.88 1,893 Sole N/A 1,893 CELANESE CORP DEL COM SER A COM SER A 150870103 $ 870.00 34,800 Sole N/A 34,800 KELLOGG CO COM COM 487836108 $ 59.37 1,206 Sole N/A 1,206 WESTERN UN CO COM COM 959802109 $ 13,447.86 710,775 Sole N/A 710,775 XILINX INC COM COM 983919101 $ 5,458.92 233,088 Sole N/A 233,088 LAM RESEARCH CORP COM COM 512807108 $ 13.66 400 Sole N/A 400 DR PEPPER SNAPPLE GROUP INC COM COM 26138E109 $ 106.29 3,697 Sole N/A 3,697 ENCANA CORP COM COM 292505104 $ 428,982.37 7,426,238 Sole N/A 7,426,238 PENN WEST ENERGY TR TR UNIT TR UNIT 707885109 $ 2,483.75 156,997 Sole N/A 156,997 SCHLUMBERGER LTD COM COM 806857108 $ 57,658.06 967,417 Sole N/A 967,417 PHARMACEUTICAL PROD DEV INC COM COM 717124101 $ 2.19 100 Sole N/A 100 EXPRESS SCRIPTS INC COM COM 302182100 $ 1,052.45 13,566 Sole N/A 13,566 TIME WARNER INC COM NEW COMMON STOCK 887317303 $ 11,986.55 416,489 Sole N/A 416,489 SUN MICROSYSTEMS INC COM NEW COM NEW 866810203 $ 8,585.65 944,516 Sole N/A 944,516 WESTERN DIGITAL CORP COM COM 958102105 $ 10,515.78 287,867 Sole N/A 287,867 FIFTH THIRD BANCORP COM COM STK 316773100 $ 5,990.51 591,363 Sole N/A 591,363 MEMC ELECTR MATLS INC COM COM 552715104 $ 497.89 29,939 Sole N/A 29,939 MOUNTAIN PROV DIAMONDS INC COM NEW COM 62426E402 $ 1,248.49 500,001 Sole N/A 500,001 CONSTELLATION BRANDS INC CL A CL A 21036P108 $ 140.03 9,243 Sole N/A 9,243 STEEL DYNAMICS INC COM COM 858119100 $ 566.66 36,940 Sole N/A 36,940 CYPRESS SEMICONDUCTOR CORP COM COM 232806109 $ 7,638.62 739,460 Sole N/A 739,460 ALCOA INC COM COM 013817101 $ 10,918.77 832,223 Sole N/A 832,223 HOME DEPOT INC COM COM 437076102 $ 16,395.16 615,434 Sole N/A 615,434 WASTE MGMT INC DEL COM COM 94106L109 $ 1,032.31 34,618 Sole N/A 34,618 DESCARTES SYS GROUP INC COM COM 249906108 $ 651.40 118,500 Sole N/A 118,500
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- INTERNATIONAL BUSINESS MACHS COM COM 459200101 $ 167,279.98 1,398,545 Sole N/A 1,398,545 SOUTHERN CO COM COM 842587107 $ 2,761.05 87,182 Sole N/A 87,182 EXFO ELECTRO OPTICAL ENGR IN SUB VTG SHS SUB VTG SHS 302043104 $ 329.44 93,791 Sole N/A 93,791 NEWMONT MINING CORP COM COM 651639106 $ 14,595.67 331,569 Sole N/A 331,569 MEDTRONIC INC COM COM 585055106 $ 20,202.76 548,988 Sole N/A 548,988 MINEFINDERS LTD COM COM 602900102 $ 1,887.25 192,913 Sole N/A 192,913 SHAW COMMUNICATIONS INC CL B CONV CL B NV 82028K200 $ 12,188.87 675,042 Sole N/A 675,042 WYETH COM COM 983024100 $ 40,830.81 840,486 Sole N/A 840,486 PHILIP MORRIS INTL INC COM COM 718172109 $ 121,707.93 2,497,085 Sole N/A 2,497,085 TRANSCANADA CORP COM COM 89353D107 $ 29,382.89 945,060 Sole N/A 945,060 GOLDMAN SACHS GROUP INC COM COM 38141G104 $ 78,679.11 426,792 Sole N/A 426,792 TRANSGLOBE ENERGY CORP COM COM 893662106 $ 5,002.73 1,409,300 Sole N/A 1,409,300 AUTOMATIC DATA PROCESSING IN COM COM 053015103 $ 5,495.52 139,835 Sole N/A 139,835 BAXTER INTL INC COM COM 071813109 $ 5,710.86 100,173 Sole N/A 100,173 PEPSICO INC COM COM 713448108 $ 130,223.97 2,219,979 Sole N/A 2,219,979 XEROX CORP COM COM 984121103 $ 6,766.32 874,201 Sole N/A 874,201 PLAINS EXPL& PRODTN CO COM COM 726505100 $ 857.13 30,988 Sole N/A 30,988 PRAXAIR INC COM COM 74005P104 $ 1,591.97 19,488 Sole N/A 19,488 ALTRIA GROUP INC COM COM 02209S103 $ 54,073.00 3,036,103 Sole N/A 3,036,103 ABBOTT LABS COM COM 002824100 $ 40,101.42 810,621 Sole N/A 810,621 SPONSORED ADR ALCATEL-LUCENT SPONSORED ADR REPSTG 1/5 SH 013904305 $ 1,151.97 256,564 Sole N/A 256,564 SCHERING PLOUGH CORP COM COM 806605101 $ 28,214.49 998,743 Sole N/A 998,743 TRANSALTA CORP COM COM 89346D107 $ 1,370.63 67,358 Sole N/A 67,358 HERSHEY CO COM COM 427866108 $ 3,097.18 79,701 Sole N/A 79,701 APPLIED MATLS INC COM COM 038222105 $ 20,858.28 1,556,588 Sole N/A 1,556,588 UNITED STATES STL CORP NEW COM COM 912909108 $ 10,490.00 236,421 Sole N/A 236,421 GENWORTH FINL INC COM CL A COM CL A 37247D106 $ 6,905.73 577,885 Sole N/A 577,885 DOW CHEM CO COM COM 260543103 $ 26,744.85 1,025,886 Sole N/A 1,025,886 SANDRIDGE ENERGY INC COM COM 80007P307 $ 36.29 2,800 Sole N/A 2,800
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- BOSTON SCIENTIFIC CORP COM COM 101137107 $ 8,481.97 800,941 Sole N/A 800,941 PRECISION DRILLING TR TR UNIT TR UNIT 740215108 $ 12,577.54 1,885,402 Sole N/A 1,885,402 BRISTOL MYERS SQUIBB CO COM COM 110122108 $ 29,377.72 1,304,517 Sole N/A 1,304,517 HALLIBURTON CO COM COM 406216101 $ 18,184.91 670,535 Sole N/A 670,535 JPMORGAN CHASE & CO COM COM 46625H100 $ 200,061.45 4,565,528 Sole N/A 4,565,528 MAG SILVER CORP COM COM 55903Q104 $ 279.78 48,200 Sole N/A 48,200 ADOBE SYS INC COM COM 00724F101 $ 7,530.54 227,922 Sole N/A 227,922 DU PONT E I DE NEMOURS & CO COM COM 263534109 $ 26,610.44 827,954 Sole N/A 827,954 LEVEL 3 COMMUNICATIONS INC COM COM 52729N100 $ 75.25 54,134 Sole N/A 54,134 HARTFORD FINL SVCS GROUP INC COM COM 416515104 $ 3,429.92 129,431 Sole N/A 129,431 GENERAL MLS INC COM COM 370334104 $ 7,668.43 119,112 Sole N/A 119,112 CORUS ENTERTAINMENT INC COM CL B NON VTG COM CL B NON VTG 220874101 $ 11,319.96 666,834 Sole N/A 666,834 QLT INC COM COM 746927102 $ 1,265.88 343,967 Sole N/A 343,967 CONOCOPHILLIPS COM COM 20825C104 $ 79,929.00 1,769,907 Sole N/A 1,769,907 CORNING INC COM COM 219350105 $ 8,397.01 548,466 Sole N/A 548,466 ALLSTATE CORP COM COM 020002101 $ 14,463.69 472,361 Sole N/A 472,361 TEXAS INSTRS INC COM COM 882508104 $ 32,895.94 1,388,600 Sole N/A 1,388,600 CHEVRON CORP NEW COM COM 166764100 $ 147,221.81 2,090,328 Sole N/A 2,090,328 MERCK & CO INC COM COM 589331107 $ 45,670.37 1,443,894 Sole N/A 1,443,894 FOREST LABS INC COM COM 345838106 $ 9,587.87 325,675 Sole N/A 325,675 EXXON MOBIL CORP COM COM 30231G102 $ 256,203.89 3,734,206 Sole N/A 3,734,206 GANNETT INC COM COM 364730101 $ 4,860.99 388,568 Sole N/A 388,568 COLGATE PALMOLIVE CO COM COM 194162103 $ 20,372.56 267,076 Sole N/A 267,076 E M C CORP MASS COM COM 268648102 $ 37,183.72 2,182,143 Sole N/A 2,182,143 BAYTEX ENERGY TR PUT TR UNIT 073176959 $ 8,378.45 381,042 Sole N/A 381,042 BANK OF AMERICA CORPORATION COM COM 060505104 $ 162,911.98 9,628,367 Sole N/A 9,628,367 GILEAD SCIENCES INC COM COM 375558103 $ 71.27 1,530 Sole N/A 1,530 SXC HEALTH SOLUTIONS CORP COM COM 78505P100 $ 19,859.82 425,460 Sole N/A 425,460 PAN AMERICAN SILVER CORP COM COM 697900108 $ 17,048.44 744,430 Sole N/A 744,430 QUALCOMM INC COM COM 747525103 $ 35,891.57 797,945 Sole N/A 797,945
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- CVS CAREMARK CORPORATION COM COM 126650100 $ 34,532.10 966,203 Sole N/A 966,203 SUNOPTA INC COM 0 8676EP108 $ 420.45 103,501 Sole N/A 103,501 IVANHOE ENERGY INC COM COM 465790103 $ 2,601.11 1,130,270 Sole N/A 1,130,270 WAL MART STORES INC COM COM 931142103 $ 132,248.61 2,694,003 Sole N/A 2,694,003 INGRAM MICRO INC CL A CL A 457153104 $ 6,320.30 375,092 Sole N/A 375,092 MORGAN STANLEY COM NEW COM NEW 617446448 $ 37,906.96 1,227,557 Sole N/A 1,227,557 SYMANTEC CORP COM COM 871503108 $ 41.37 2,512 Sole N/A 2,512 JOHNSON & JOHNSON COM COM 478160104 $ 83,932.73 1,378,432 Sole N/A 1,378,432 PFIZER INC COM COM 717081103 $ 102,560.16 6,196,988 Sole N/A 6,196,988 HUDSON CITY BANCORP COM COM 443683107 $ 2.83 215 Sole N/A 215 AUTODESK INC COM COM STK NPV 052769106 $ 14,067.35 591,065 Sole N/A 591,065 NEXEN INC COM COM 65334H102 $ 138,956.71 6,127,454 Sole N/A 6,127,454 LULULEMON ATHLETICA INC COM COM 550021109 $ 202.48 8,900 Sole N/A 8,900 THOMSON REUTERS CORP COM COM 884903105 $ 1,747.32 52,050 Sole N/A 52,050 RRI ENERGY INC COM COMMON STOCK 74971X107 $ 1,261.05 176,617 Sole N/A 176,617 HEWLETT PACKARD CO COM COM 428236103 $ 76,549.51 1,621,468 Sole N/A 1,621,468 REGIONS FINANCIAL CORP NEW COM COM 7591EP100 $ 7,440.10 1,198,084 Sole N/A 1,198,084 POLYMET MINING CORP COM COM 731916102 $ 2,063.83 785,501 Sole N/A 785,501 YAHOO INC COM COM 984332106 $ 21,271.94 1,194,382 Sole N/A 1,194,382 AMGEN INC COM COM 031162100 $ 57,421.60 953,372 Sole N/A 953,372 TATA MTRS LTD SPONSORED ADR SPONSORED ADR 876568502 $ 1,038.10 80,100 Sole N/A 80,100 ENTREE GOLD INC COM COM 29383G100 $ 2,377.65 836,700 Sole N/A 836,700 LEXMARK INTL NEW CL A CL A 529771107 $ 1,232.09 57,200 Sole N/A 57,200 GAMMON GOLD INC COM COM 36467T106 $ 28,721.63 3,365,385 Sole N/A 3,365,385 NEVSUN RES LTD COM COM 64156L101 $ 2,384.05 1,168,400 Sole N/A 1,168,400 UNITED MICROELECTRONICS CORP SPON ADR NEW SPONSORED ADR NEW 910873405 $ 139.46 36,700 Sole N/A 36,700 CAE INC COM COM 124765108 $ 17,084.00 2,026,106 Sole N/A 2,026,106 NORTH AMERN PALLADIUM LTD COM COM 656912102 $ 852.51 307,047 Sole N/A 307,047 CISCO SYS INC COM COM 17275R102 $ 132,795.64 5,641,276 Sole N/A 5,641,276 CLAUDE RES INC COM COM 182873109 $ 0.00 1 Sole N/A 1 GRAN TIERRA ENERGY INC COM COM 38500T101 $ 10,378.54 2,480,910 Sole N/A 2,480,910 BARRICK GOLD CORP COM COM 067901108 $ 1,137.00 30,000 Sole N/A 30,000 INTEL CORP COM COM 458140100 $ 73,909.92 3,776,695 Sole N/A 3,776,695 SEAGATE TECHNOLOGY SHS SHS G7945J104 $ 13,658.00 897,962 Sole N/A 897,962 MOTOROLA INC COM COM 620076109 $ 6,919.34 805,511 Sole N/A 805,511
Votring Value Investment Other Authority Name of Issuer Title of Class CUSIP (1000's) SHRS Discretion Managers Sole - -------------- -------------- ----- --------- ---- ---------- -------- --------- RESEARCH IN MOTION LTD COM COM 760975102 $ 5,404.00 80,000 Sole N/A 80,000 ROGERS COMMUNICATIONS INC CL B CL B 775109200 $ 50,661.35 1,798,704 Sole N/A 1,798,704 TIM HORTONS INC COM COMMON STOCK 88706M103 $ 1,816.86 64,200 Sole N/A 64,200 POTASH CORP SASK INC COM COM 73755L107 $ 7,871.41 87,131 Sole N/A 87,131 SILVER WHEATON CORP COM COM 828336107 $ 11,331.00 900,000 Sole N/A 900,000 TECK RESOURCES LTD CL B CL B SUB VTG 878742204 $ 661.68 24,000 Sole N/A 24,000 $13,903,112 528,225,553
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