<SEC-DOCUMENT>0001034549-12-000002.txt : 20120510
<SEC-HEADER>0001034549-12-000002.hdr.sgml : 20120510
<ACCEPTANCE-DATETIME>20120510142026
ACCESSION NUMBER:		0001034549-12-000002
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20120331
FILED AS OF DATE:		20120510
DATE AS OF CHANGE:		20120510
EFFECTIVENESS DATE:		20120510

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PARADIGM ASSET MANAGEMENT CO LLC
		CENTRAL INDEX KEY:			0001034549
		IRS NUMBER:				133521976
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-06194
		FILM NUMBER:		12829531

	BUSINESS ADDRESS:	
		STREET 1:		445 HAMILTON AVENUE
		STREET 2:		12TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10601
		BUSINESS PHONE:		2127716100

	MAIL ADDRESS:	
		STREET 1:		445 HAMILTON AVENUE
		STREET 2:		12TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10601

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PARADIGM ASSET MANAGEMENT CO LLC/NY
		DATE OF NAME CHANGE:	19990326
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>lettr123.txt
<TEXT>
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
            Washington, D.C. 20549

               FORM 13F FORM 13F

                   COVER PAGE


Report for the Calendar Year or Quarter Ended:  March 31, 2012

Institutional Investment Manager Filing this Report:

Name:		Paradigm Asset Management Company, LLC
Address:	445 Hamilton Avenue, Suite 1203
		White Plains, NY  10601

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:	James E. Francis
Title:	CEO & President
Phone:	212-771-6100

Signature, Place, and Date of Signing:
James E. Francis, 	White Plains, NY,		May 10, 2012

Report Type (Check only one.):

[ X] 13F HOLDINGS REPORT.

[  ] 13F NOTICE.

[  ] 13F COMBINATION REPORT.


 List of Other Managers Reporting for this Manager:


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.

FORM 13F SUMMARY PAGE

REPORT SUMMARY:

NUMBER OF OTHER INCLUDED MANAGERS:

FORM 13F INFORMATION TABLE ENTRY TOTAL: 	732

FORM 13F INFORMATION TABLE VALUE TOTAL: 	$587,367,902


<table>                            <c>                                          <c>


Paradigm Asset Management Company, LLC
PORTFOLIO APPRAISAL
Form 13F Information Table
March 31, 2012

                                                                         INVSTMT
                             TITLE OF CLASS                              DSCRETN    - VOTING AUTHORITY -
NAME OF ISSUER                  (COM)   CUSIP/SEDOL    VALUE    SHARES    (SOLE)   (SOLE) SHARE      NONE
--------------------------   ---------  --------      -----     -----    -----     -----  -----     -----
3M CO                            COM    88579Y101    3693294     41400     SH       37100     0      4300
AAR CORP.                        COM    000361105     182500     10000     SH        4200     0      5800
ABBOTT LABS                      COM    002824100    3334421     54404     SH       48704     0      5700
ABM INDUSTRIES INC.              COM    000957100     347490     14300     SH       13800     0       500
ACACIA RESEARCH                  COM    003881307    2848755     68250     SH       65850     0      2400
ACE LIMITED                      COM    H0023R105      76860      1050     SH           0     0      1050
ACHILLION PHARMACEUTICALS        COM    00448Q201      41673      4350     SH        1800     0      2550
ACORDA THERAPEUTICS              COM    00484M106     692955     26100     SH       25150     0       950
ACTIVISION BLIZZARD              COM    00507V109      66664      5200     SH           0     0      5200
ADCOCK INGRAM HOLDINGS LTD       COM    B3BX6X3        94460     12350     SH           0     0     12350
ADIDAS AG                        COM    4031976       116936      1500     SH           0     0      1500
ADVANCE AMERICA CASH ADVANCE     COM    00739W107    1518427    144750     SH      139600     0      5150
ADVANCED ENERGY INDUS.           COM    007973100    1314624    100200     SH       96650     0      3550
ADVISORY BRD CO                  COM    00762W107     824166      9300     SH        8950     0       350
AEGION CORP                      COM    00770F104     510829     28650     SH       27650     0      1000
AEROVIRONMENT INC                COM    008073108     269440     10050     SH        9700     0       350
AES CORP                         COM    00130H105     472480     36150     SH           0     0     36150
AFFILIATED MGRS GP               COM    008252108     460657      4120     SH           0     0      4120
AGILENT TECHNOLOGIES             COM    00846U101     462904     10400     SH        9300     0      1100
AGRIUM INC                       COM    008916108     103644      1200     SH           0     0      1200
AIN PHARMACIEZ INC               COM    6249120        40509       750     SH           0     0       750
AIR TRANSPORT SERVICES           COM    00922R105      57900     10000     SH        4200     0      5800
AKORN INC                        COM    009728106     443898     37940     SH       31000     0      6940
AKZO NOBEL                       COM    5458314        17686       300     SH           0     0       300
ALASKA AIRGROUP                  COM    011659109    1529514     42700     SH       41200     0      1500
ALASKA COMMUNICATIONS            COM    01167P101     288750     93750     SH       90400     0      3350
ALBEMARLE CORP                   COM    012653101     109942      1720     SH           0     0      1720
ALEXANDRIA REAL ESTATE           COM    015271109      47534       650     SH         250     0       400
ALEXION PHARM.                   COM    015351109     483800      5210     SH           0     0      5210
ALIGN TECHNOLOGY INC             COM    016255101    2325220     84400     SH       81400     0      3000
ALLEGIANT TRAVEL CO              COM    01748X102      49050       900     SH         400     0       500
ALLIANCE DATA SYSTEMS            COM    018581108     466052      3700     SH           0     0      3700
ALLIANT TECH SYS                 COM    018804104      83700      1670     SH           0     0      1670
ALLSTATE CORP.                   COM    020002101     492812     14970     SH           0     0     14970
ALSTOM                           COM    B0DJ8Q5        83775      2150     SH           0     0      2150
ALTRA HOLDINGS INC               COM    02208R106     184320      9600     SH        4050     0      5550
AMEDISYS INC                     COM    023436108     373791     25850     SH       24950     0       900
AMERICAN AXLE & MFG HL           COM    024061103     441467     37700     SH       33700     0      4000
AMERICAN CAPITAL AGENCY          COM    02503X105     242818      8220     SH           0     0      8220
AMERICAN FINL GP                 COM    025932104     864192     22400     SH       17100     0      5300
AMERICAN WTR WKS CO              COM    030420103     444091     13050     SH           0     0     13050
AMERIPRISE FINANCIAL             COM    03076C106    3616329     63300     SH       56700     0      6600
AMERISAFE INC                    COM    03071H100     128648      5200     SH        2200     0      3000
AMERISOURCEBERGEN                COM    03073E105    1740364     43860     SH       33700     0     10160
AMETEK AEROSPACE                 COM    031100100     775189     15980     SH        8700     0      7280
AMKOR TECHNOLOGY                 COM    031652100     336438     54750     SH       52800     0      1950
AMPHENOL CORP                    COM    032095101     261792      4380     SH           0     0      4380
ANALOG DEVICES INC.              COM    032654105     505000     12500     SH       11200     0      1300
ANALOGIC CORP.                   COM    032657207     214777      3180     SH           0     0      3180
ANGLOGOLD ASHANTI LTD            COM    035128206      88608      2400     SH           0     0      2400
ANIXTER INTL                     COM    035290105    2117876     29200     SH       25500     0      3700
ANNALY CAP MGMT INC              COM    035710409     391228     24730     SH           0     0     24730
ANSYS INC                        COM    03662Q105     501304      7710     SH         250     0      7460
APOLLO COMMERCIAL REAL ESTATE    COM    03762U105     122070      7800     SH        3300     0      4500
APOLLO GROUP                     COM    037604105    2565696     66400     SH       59400     0      7000
APPLE INC.                       COM    037833100    3117660      5200     SH        4700     0       500
APPLIED MICRO CIRCUIT            COM    03822W406     295991     42650     SH       41150     0      1500
APPROACH RESOURCES INC           COM    03834A103      84985      2300     SH        1000     0      1300
ARBITRON INC                     COM    03875Q108    1640063     44350     SH       42750     0      1600
ARCTIC CAT INC                   COM    039670104      51408      1200     SH         500     0       700
ARES CAP CORP                    COM    04010L103     163500     10000     SH        4200     0      5800
ARIAD PHARMACEUTICALS            COM    04033A100     509762     31900     SH       30750     0      1150
ARRIS GROUP                      COM    04269Q100    1646410    145700     SH      140500     0      5200
ASAHI DIAMOND INDUSTRIAL CO      COM    6054788        70721      6000     SH           0     0      6000
ASBURY AUTOMOTIVE GP             COM    043436104     346950     12850     SH        5400     0      7450
ASML HOLDING NV                  COM    5949368        44920       900     SH           0     0       900
ASSURANT INC                     COM    04621X108    3175200     78400     SH       70200     0      8200
ASTRAZENECA PLC                  ADR    046353108     102327      2300     SH           0     0      2300
ATMI INC                         COM    00207R101     740940     31800     SH       30650     0      1150
ATMOS ENERGY                     COM    049560105     136851      4350     SH        1800     0      2550
AUSTRALIA & NEW ZEALAND          ADR    052528304     107184      4400     SH           0     0      4400
AUTOZONE INC                     COM    053332102    3599024      9680     SH        8300     0      1380
AVERY DENNISON CORP.             COM    053611109     777354     25800     SH       23100     0      2700
AVID TECHNOLOGY INC              COM    05367P100      42350      3850     SH        1600     0      2250
AVIS BUDGET GP                   COM    053774105     512230     36200     SH       32400     0      3800
AXIS CAPITAL HDS                 COM    G0692U109     109461      3300     SH           0     0      3300
B & G FOODS INC                  COM    05508R106     478337     21250     SH       20500     0       750
BAE SYS PLC                      ADR    05523R107      99395      5150     SH           0     0      5150
BALCHEM CORP                     COM    057665200     216287      7150     SH        6900     0       250
BALL CORP.                       COM    058498106    3181696     74200     SH       66400     0      7800
BANCO BILBAO VIZCAYA ARGENTA     COM    5501906       125948     15850     SH           0     0     15850
BANCO BRADESCO                   ADR    059460303      98875      5650     SH           0     0      5650
BANK OF THE OZARKS               COM    063904106      46890      1500     SH         650     0       850
BARCLAYS PLC                     ADR    06738E204      22725      1500     SH           0     0      1500
BARD C R INC.                    COM    067383109     205337      2080     SH           0     0      2080
BARRICK GOLD                     COM    067901108      67394      1550     SH           0     0      1550
BASIC ENERGY SVCS                COM    06985P100     199525     11500     SH       11100     0       400
BAXTER INTL INC.                 COM    071813109    3228120     54000     SH       48400     0      5600
BE AEROSPACE INC.                COM    073302101     296013      6370     SH        2050     0      4320
BEAZER HOMES USA                 COM    07556Q105      10237      3150     SH        3150     0         0
BECTON DICKINSON & CO            COM    075887109    1001685     12900     SH       11500     0      1400
BELGACOM SA                      COM    B00D9P6       105932      3300     SH           0     0      3300
BENCHMARK ELECTRS INC.           COM    08160H101     130271      7900     SH        3300     0      4600
BIO RAD LABS INC [A]             COM    090572207     181457      1750     SH         750     0      1000
BIOCRYST PHARMACEUTICAL          COM    09058V103      59167     12250     SH        5150     0      7100
BIOGEN IDEC INC                  COM    09062X103    2569788     20400     SH       18300     0      2100
BLACK BOX CORP DEL               COM    091826107      44642      1750     SH        1750     0         0
BLACKBAUD INC                    COM    09227Q100     807488     24300     SH       23450     0       850
BLYTH INDS INC                   COM    09643P207     318027      4250     SH        4100     0       150
BOSTON BEER INC                  COM    100557107     299012      2800     SH        2700     0       100
BOSTON PROPERTIES INC            COM    101121101     566946      5400     SH        4800     0       600
BOTTOMLINE TECH                  COM    101388106      51689      1850     SH         750     0      1100
BRANDYWINE RLTY                  COM    105368203      64862      5650     SH        2350     0      3300
BRIDGEPOINT EDUCATION            COM    10807M105    1493662     60350     SH       58200     0      2150
BRIGGS & STRATTON                COM    109043109      62755      3500     SH        1500     0      2000
BRIGHTPOINT INC                  COM    109473405      40652      5050     SH        2100     0      2950
BRISTOW GROUP                    COM    110394103     336496      7050     SH        2950     0      4100
BROOKS AUTOMATION INC            COM    114340102    1347669    109300     SH      105400     0      3900
BROWN FORMAN B                   COM    115637209     142596      1710     SH           0     0      1710
BUCKEYE TECHNOLOGIES             COM    118255108     606364     17850     SH       12200     0      5650
CA INC.                          COM    12673P105     472929     17160     SH           0     0     17160
CACI INTL INC                    COM    127190304    1725433     27700     SH       26150     0      1550
CALLAWAY GOLF                    COM    131193104      48334      7150     SH        3050     0      4100
CALLON PETE CO                   COM    13123X102      37425      5950     SH        2500     0      3450
CAMPBELL SOUP CO                 COM    134429109     460021     13590     SH           0     0     13590
CANADIAN NAT RES LTD             COM    136385101      23226       700     SH           0     0       700
CANADIAN NATL RY                 COM    136375102     107230      1350     SH           0     0      1350
CANON INC                        COM    6172323       128282      2700     SH           0     0      2700
CAP GEMINI                       COM    4163437        26815       600     SH           0     0       600
CAPELLA EDUCATION COMP           COM    139594105     312765      8700     SH        8400     0       300
CAPITAL ONE FINL                 COM    14040H105    2380098     42700     SH       38200     0      4500
CARBO CERAMICS                   COM    140781105    1170495     11100     SH       10700     0       400
CARDINAL FINL CORP               COM    14149F109     223740     19800     SH        8350     0     11450
CARDINAL HEALTH INC              COM    14149Y108    3573819     82900     SH       74200     0      8700
CARDTRONICS INC                  COM    14161H108    2065875     78700     SH       75900     0      2800
CARIBOU COFFEE CO                COM    142042209      49396      2650     SH        1100     0      1550
CARLISLE COS.                    COM    142339100      66393      1330     SH           0     0      1330
CARREFOUR SA                     COM    5641567        25134      1050     SH           0     0      1050
CARRIZO OIL & CO INC             COM    144577103      70650      2500     SH        1050     0      1450
CARTER INC                       COM    146229109    2249604     45200     SH       43600     0      1600
CASH AMER INTL INC               COM    14754D100    1610448     33600     SH       32400     0      1200
CATALYST HEALTH SOLUTION         COM    14888B103     328209      5150     SH        4950     0       200
CATERPILLAR TRACTOR              COM    149123101    2748216     25800     SH       22900     0      2900
CBRL GROUP INC                   COM    22410J106     376650      6750     SH        6500     0       250
CBS CORP.                        COM    124857202    2343181     69100     SH       62400     0      6700
CELADON GROUP                    COM    150838100     112737      7250     SH        3050     0      4200
CENTENE CORP                     COM    15135B101     367275      7500     SH        3150     0      4350
CENTURY ALUM CO.                 COM    156431108     362304     40800     SH       37000     0      3800
CENTURYLINK INC.                 COM    156700106     512692     13265     SH           0     0     13265
CF INDUSTRIES HLDGS              COM    125269100    3141580     17200     SH       15400     0      1800
CHEMED CORP                      COM    16359R103    1369558     21850     SH       21050     0       800
CHEMRING GROUP PLC               COM    B45C9X4        71293     10950     SH           0     0     10950
CHINA MOBILE LTD                 COM    6073556       105656      9600     SH           0     0      9600
CHIPOTLE MEXICAN GRILL           COM    169656105     422180      1010     SH           0     0      1010
CHUBB CORP.                      COM    171232101    4139689     59900     SH       53600     0      6300
CIA PARANAENSE ENER-SP ADR P     ADR    20441B407      38791      1650     SH           0     0      1650
CIA SANEAMENTO BASICO DE-ADR     ADR    20441A102     103437      1350     SH           0     0      1350
CINEMARK HOLDINGS INC            COM    17243V102     341322     15550     SH       15000     0       550
CIRRUS LOGIC INC                 COM    172755100     365330     15350     SH       14800     0       550
CIT GROUP INC                    COM    125581801     441268     10700     SH        9600     0      1100
CITY NATL CORP                   COM    178566105     197811      3770     SH         850     0      2920
CLARCOR INC.                     COM    179895107    2483954     50600     SH       48800     0      1800
CLIFFS NATURAL RESOURCES         COM    18683K101     464042      6700     SH        6000     0       700
CLOROX CO. DEL.                  COM    189054109     174625      2540     SH           0     0      2540
CLOUD PEAK ENERGY INC            COM    18911Q102     462766     29050     SH       19000     0     10050
CME GROUP                        COM    12572Q105     257503       890     SH           0     0       890
CMS ENERGY CORP.                 COM    125896100    3179000    144500     SH      129300     0     15200
CNO FINANCIAL GP                 COM    12621E103     588946     75700     SH       67800     0      7900
COACH INC                        COM    189754104    2037873     26370     SH       17700     0      8670
COCA COLA COMPANY                COM    191216100    1916859     25900     SH       21400     0      4500
COCA COLA WEST CO LTD            COM    6163286       107553      6100     SH           0     0      6100
COGENT COMM GROUP                COM    19239V302     305280     16000     SH       15450     0       550
COGNEX CORP.                     COM    192422103     393820      9297     SH        8947     0       350
COGNIZANT TECH.                  COM    192446102     508639      6610     SH           0     0      6610
COHEN & STEERS INC               COM    19247A100    2256925     70750     SH       68250     0      2500
COINSTAR INC                     COM    19259P300    3082175     48500     SH       46750     0      1750
COLBALT INT'L ENERGY             COM    19075F106     210210      7000     SH           0     0      7000
COLGATE PALMOLIVE                COM    194162103    1061890     10860     SH        4400     0      6460
COLUMBIA BKG SYS INC             COM    197236102     338283     14850     SH        6250     0      8600
COMCAST CORP-Cl A                COM    20030N101    2364788     78800     SH       70500     0      8300
COMCAST SPL CL A                 COM    20030N200     442945     15010     SH           0     0     15010
COMPASS GROUP PLC                COM    0533153        66505      6350     SH           0     0      6350
COMTECH TELECOMM                 COM    205826209      45612      1400     SH         600     0       800
CONOCOPHILLIPS                   COM    20825C104    8216681    108100     SH       96800     0     11300
CONSTANT CONTACT INC             COM    210313102      74475      2500     SH        1050     0      1450
CONTINENTAL RESOURCES            COM    212015101     272049      3170     SH           0     0      3170
CON-WAY INC                      COM    205944101     166311      5100     SH           0     0      5100
COOPER COMPANIES                 COM    216648402     389756      4770     SH        1200     0      3570
COOPER TIRE & RUBR CO            COM    216831107     604995     39750     SH       38350     0      1400
COPART INC                       COM    217204106      52140      2000     SH         800     0      1200
COSAN LTD-CLASS A SHARES         ADR    G25343107      22275      1500     SH           0     0      1500
COVIDIEN PLC                     COM    G2554F113      16404       300     SH           0     0       300
CRH PLC                          COM    0182704       122250      6000     SH           0     0      6000
CSG SYS INTL                     COM    126349109     408023     26950     SH       26000     0       950
CSX CORP.                        COM    126408103    3027864    140700     SH      125900     0     14800
CUBIST PHARMACEUTICALS           COM    229678107    2245972     51930     SH       35550     0     16380
CULLEN FROST BANKERS             COM    229899109     296187      5090     SH           0     0      5090
CVR ENERGY                       COM    12662P108    3659400    136800     SH      131950     0      4850
CYBERONICS INC                   COM    23251P102    1579382     41421     SH       39971     0      1450
DAI NIPPON PRINTING CO LTD       COM    6250906       102800     10000     SH           0     0     10000
DAIMLER AG-REGISTERED SHARES     COM    D1668R123     154300      2550     SH           0     0      2550
DAITO TRUST CONSTRUCT CO LTD     COM    6250508        18056       200     SH           0     0       200
DAKTRONICS INC                   COM    234264109     236918     26650     SH       25700     0       950
DANA HLDG                        COM    235825205    1063300     68600     SH       61400     0      7200
DARDEN RESTAURANTS               COM    237194105     496252      9700     SH        8700     0      1000
DBS GROUP HOLDINGS LTD           COM    6175203       112776     10000     SH           0     0     10000
DCT INDUSTRIAL TRUST             COM    233153105      46610      7900     SH        3300     0      4600
DEALERTRACK HLDGS                COM    242309102     812481     26850     SH       25900     0       950
DELHAIZE GROUP - SPONS ADR       ADR    29759W101      78900      1500     SH           0     0      1500
DELL COMPUTER                    COM    24702R101    3588090    216150     SH      172500     0     43650
DELTA AIR LINES                  COM    247361702      75018      7570     SH           0     0      7570
DELUXE CORP                      COM    248019101     300947     12850     SH       12400     0       450
DEUTSCHE BANK AG NAMEN           COM    D18190898     141901      2850     SH           0     0      2850
DIAGEO PLC                       ADR    25243Q205     115800      1200     SH           0     0      1200
DIAMOND OFFSHR DRILL             COM    25271C102     480600      7200     SH        6400     0       800
DIAMONDROCK HOSPITALITY CO       COM    252784301     349345     33950     SH       14250     0     19700
DIEBOLD INC                      COM    253651103     168717      4380     SH           0     0      4380
DIGITAL RIVER INC.               COM    25388B104     941113     50300     SH       48500     0      1800
DINEEQUITY INC                   COM    254423106     734080     14800     SH       14250     0       550
DIODES INC                       COM    254543101      55632      2400     SH        1000     0      1400
DIRECTV GP                       COM    25490A101    3251506     65900     SH       59000     0      6900
DISCOVER FINCL SERVICES          COM    254709108    4056811    121680     SH      104200     0     17480
DISCOVERY COMMUNICATNS           COM    25470F302     307064      6550     SH           0     0      6550
DISH NETWORK CORP CL A           COM    25470M109    3755007    114030     SH       89500     0     24530
DOLLAR GEN CORP                  COM    256677105     296142      6410     SH           0     0      6410
DOLLAR TREE INC                  COM    256746108     474339      5020     SH           0     0      5020
DOMINOS PIZZA INC                COM    25754A201     239580      6600     SH        6300     0       300
DOVER CORP.                      COM    260003108    1328034     21100     SH       18900     0      2200
DR PEPPER SNAPPLE GP             COM    26138E109     482520     12000     SH       10700     0      1300
DREW INDS                        COM    26168L205     241693      8850     SH        3700     0      5150
DRIL-QUIP INC                    COM    262037104     169702      2610     SH           0     0      2610
DUKE-WEEKS REALTY                COM    264411505      46605      3250     SH        1350     0      1900
DUPONT DE NEMOURS                COM    263534109    3073490     58100     SH       52000     0      6100
DUPONT FABROS TECH               COM    26613Q106    1658932     67850     SH       65450     0      2400
DXP ENTERPRISES INC              COM    233377407     330524      7600     SH        3200     0      4400
DYNEX CAP INC                    COM    26817Q506      46795      4900     SH        2050     0      2850
E M C CORP MASS                  COM    268648102     567720     19000     SH       17000     0      2000
EAGLE MATERIALS INC              COM    26969P108     674150     19400     SH       18700     0       700
EAST WEST BANCORP                COM    27579R104     213582      9250     SH        3900     0      5350
EATON CORP.                      COM    278058102     463419      9300     SH        8300     0      1000
ECHOSTAR HOLDING                 COM    278768106     438139     15570     SH           0     0     15570
EDISON INTERNATIONAL             COM    281020107    4112842     96750     SH       77400     0     19350
EL PASO ELEC CO.                 COM    283677854     203062      6250     SH        2600     0      3650
ELECTRO SCIENTIFIC INDS.         COM    285229100      51034      3400     SH        1450     0      1950
ELI LILLY & CO.                  COM    532457108    4268090    106000     SH       94900     0     11100
ELIZABETH ARDEN INC              COM    28660G106     262350      7500     SH        7250     0       250
EMCOR GROUP INC                  COM    29084Q100      97020      3500     SH        1450     0      2050
EMERSON ELEC CO.                 COM    291011104    3099492     59400     SH       53200     0      6200
ENDO PHARMACEUTICALS             COM    29264F205     487998     12600     SH       11300     0      1300
ENERGEN CORP                     COM    29265N108     953510     19400     SH       17400     0      2000
ENERGY PARTNERS LTD              COM    29270U303     166100     10000     SH        1100     0      8900
ENERGY TRANSFER EQUITY           COM    29273V100     427583     10610     SH           0     0     10610
ENPRO INDS INC                   COM    29355X107     400725      9750     SH        9400     0       350
ENTEGRIS INC                     COM    29362U104     617841     66150     SH       43850     0     22300
ENTERGY CORP.                    COM    29364G103    2237760     33300     SH       29800     0      3500
ENTERTAINMENT PPTYS              COM    29380T105     389592      8400     SH        3550     0      4850
ENTROPIC COMMUNICATION           COM    29384R105     864297    148250     SH      132900     0     15350
EQUITY LIFESTYLE PPTYS           COM    29472R108     394031      5650     SH        5200     0       450
ERSTE GROUP BANK AG              COM    5289837        28781      1250     SH           0     0      1250
EVERCORE PARTNERS CL A           COM    29977A105     529074     18200     SH       14200     0      4000
EXELON CORP.                     COM    30161N101     296819      7570     SH           0     0      7570
EXPEDITORS INT'L                 COM    302130109     210690      4530     SH           0     0      4530
EXPONENT INC                     COM    30214U102     332362      6850     SH        6600     0       250
EXPRESS SCRIPTS INC.             COM    302182100     533673      9850     SH           0     0      9850
EXXON MOBIL CORP.                COM    30231G102    7987833     92100     SH       82400     0      9700
EZCORP INC                       COM    302301106     683177     21050     SH       20300     0       750
F5 NETWORKS INC.                 COM    315616102     269920      2000     SH           0     0      2000
FANUC CORP                       COM    6356934       133786       750     SH           0     0       750
FARO TECHNOLOGIES INC            COM    311642102    1038274     17800     SH       16750     0      1050
FEDERATED INVESTORS B            COM    314211103     550165     24550     SH       19850     0      4700
FEI CO                           COM    30241L109      49110      1000     SH         400     0       600
FERRO CORP.                      COM    315405100     883278    148700     SH      143400     0      5300
FIDELITY NATL FINL               COM    316326107      96280      5340     SH           0     0      5340
FIFTH THIRD BANCORP              COM    316773100    3611271    257030     SH      223100     0     33930
FIRST FINANCIAL BANCORP          COM    320209109     334755     19350     SH        8100     0     11250
FIRST FINL BANKSHARES            COM    32020R109     292243      8300     SH        8000     0       300
FISERV INC.                      COM    337738108     410094      5910     SH           0     0      5910
FLUOR CORP.                      COM    343412102     504336      8400     SH        7500     0       900
FOREST LABS INC.                 COM    345838106    4045200    116610     SH       92200     0     24410
FORWARD AIR CORP                 COM    349853101    1100100     30000     SH       28950     0      1050
FOSSIL INC                       COM    349882100     118782       900     SH         150     0       750
FOSTER L B CO                    COM    350060109      41339      1450     SH         600     0       850
FRANCE TELECOM                   ADR    35177Q105      99495      6700     SH           0     0      6700
FRANKLIN RESOURCES               COM    354613101    3063541     24700     SH       22100     0      2600
FRESENIUS MEDICAL CARE AG &      COM    5129074       113226      1600     SH           0     0      1600
FRPT MCMORAN CPR                 COM    35671D857    2400324     63100     SH       54900     0      8200
FUJI HEAVY INDUS-UNSPONS ADR     ADR    359556206     105170      6500     SH           0     0      6500
GARTNER GP INC.                  COM    366651107      51168      1200     SH         500     0       700
GAZPROM O A O                    ADR    368287207      91538      7400     SH           0     0      7400
GENERAL CABLE CORP               COM    369300108     190474      6550     SH        2750     0      3800
GENERAL MTRS CO                  COM    37045V100      46683      1820     SH           0     0      1820
GENESEE & WYO INC                COM    371559105     237968      4360     SH           0     0      4360
GENTEX CORP.                     COM    371901109     509600     20800     SH       17500     0      3300
GENWORTH FINL INC                COM    37247D106     420992     50600     SH       45300     0      5300
GEOEYE INC                       COM    37250W108     956782     39750     SH       38350     0      1400
GEORESOURCES INC                 COM    372476101      65480      2000     SH         850     0      1150
G-III APPAREL GROUP LT           COM    36237H101      52577      1850     SH         750     0      1100
GILEAD SCIENCES INC.             COM    375558103    3185020     65200     SH       58400     0      6800
GOLD FIELDS LTD                  COM    6280215        28047      2050     SH           0     0      2050
GOODYEAR TIRE RUBBER             COM    382550101     381480     34000     SH       30400     0      3600
GOOGLE INC (A)                   COM    38259P508    3206200      5000     SH        4500     0       500
GP STRATEGIES CORP               COM    36225V104     163625      9350     SH        3950     0      5400
GRACE W R - NEW                  COM    38388F108     455464      7880     SH           0     0      7880
GRAINGER W INC.                  COM    384802104      73035       340     SH           0     0       340
GRAND CANYON ED INC              COM    38526M106     288600     16250     SH       15650     0       600
GRANITE CONSTRUCTION             COM    387328107      43110      1500     SH         650     0       850
GREAT LAKES DREDGE & DOCK        COM    390607109     310460     43000     SH       41450     0      1550
GREE INC                         COM    B3FJNX6        12692       500     SH           0     0       500
GROUP 1 AUTOMOTIVE INC           COM    398905109     359488      6400     SH        2700     0      3700
GT ADVANCED TECH                 COM    36191U106    1423267    172100     SH      146400     0     25700
GULF ISLAND FABRICATION          COM    402307102     272211      9300     SH        8950     0       350
GULFPORT ENERGY CORP             COM    402635304    1767584     60700     SH       57200     0      3500
HAEMONETICS CORP.                COM    405024100    3010176     43200     SH       38900     0      4300
HALLIBURTON CO.                  COM    406216101    2691709     81100     SH       71900     0      9200
HANG LUNG PROPERTIES LTD         COM    6030506        14657      4000     SH           0     0      4000
HANOVER INSURANCE GP             COM    410867105      49344      1200     SH         500     0       700
HARMONIC LIGHTWAVES              COM    413160102     289089     52850     SH       50950     0      1900
HARTFORD FINCL. SRV              COM    416515104    1836068     87100     SH       78000     0      9100
HAWAIIAN ELECTRIC                COM    419870100     304200     12000     SH        5050     0      6950
HAYNES INTERNATIONAL             COM    420877201      76020      1200     SH         500     0       700
HCC INS HLDGS INC                COM    404132102     148680      4770     SH           0     0      4770
HDFC BANK LTD                    ADR    40415F101      30690       900     SH           0     0       900
HEALTHCARE REALTY                COM    421946104     133100      6050     SH        2550     0      3500
HEALTHCARE SVCS GP               COM    421906108     757212     35600     SH       34350     0      1250
HEINZ H J CO.                    COM    423074103    3421845     63900     SH       57200     0      6700
HELIX ENERGY SOLUTIONS           COM    42330P107     478820     26900     SH       24100     0      2800
HELMERICH & PAYNE                COM    423452101     702968     13030     SH        7500     0      5530
HENRY JACK & ASSOC               COM    426281101     644868     18900     SH       18250     0       650
HERSHEY FOODS CORP               COM    427866108    3593938     58600     SH       47000     0     11600
HEXAGON AB-B SHS                 COM    B1XFTL2        91703      4739     SH           0     0      4739
HEXCEL CORP NEW                  COM    428291108    1342159     55900     SH       53900     0      2000
HIBBETT SPORTING GDS             COM    428567101    1459212     26750     SH       25800     0       950
HMS HLDGS                        COM    40425J101     368902     11820     SH           0     0     11820
HOLLYFRONTIER CORP               COM    436106108     102237      3180     SH           0     0      3180
HOME DEPOT INC.                  COM    437076102    5840991    116100     SH      103900     0     12200
HOME PPTYS N Y INC               COM    437306103    2772904     45450     SH       43850     0      1600
HORMEL FOODS CORP                COM    440452100     411508     13940     SH           0     0     13940
HORSEHEAD HLDG                   COM    440694305     141805     12450     SH        5250     0      7200
HOSPIRA INC                      COM    441060100    1274999     34100     SH       30500     0      3600
HOSPITALITY PPTYS TR             COM    44106M102      47646      1800     SH         750     0      1050
HUDSON CITY BANCORP              COM    443683107      66447      9090     SH           0     0      9090
HUMANA INC.                      COM    444859102    4022880     43500     SH       38900     0      4600
HUNTINGTON BANCSHARES            COM    446150104     456950     70900     SH       63500     0      7400
HUNTINGTON INGALLS INDUS         COM    446413106     225344      5600     SH           0     0      5600
HURON CONSULTING GP              COM    447462102      45072      1200     SH         500     0       700
HYUNDAI MOTOR CO                 COM    6451055        61691       300     SH           0     0       300
IAC INTERACTIVE CORP             COM    44919P508     761876     15520     SH       10000     0      5520
ICF INTL INC.                    COM    44925C103     616491     24300     SH       23450     0       850
ICICI BK LTD                     ADR    45104G104      29639       850     SH           0     0       850
ICONIX BRAND GROUP               COM    451055107    1033241     59450     SH       57350     0      2100
ICU MED INC                      COM    44930G107     176976      3600     SH        1500     0      2100
IDEX CORP.                       COM    45167R104     463430     11000     SH           0     0     11000
ILLINOIS TOOL INC.               COM    452308109     731136     12800     SH       11500     0      1300
IMPERIAL TOBACCO GROUP PLC       COM    0454492       141760      3500     SH           0     0      3500
IMTECH NV                        COM    5051586        97358      3050     SH           0     0      3050
INCYTE GENOMICS                  COM    45337C102    1905875     98750     SH       95250     0      3500
INFORMA PLC                      COM    B3WJHK4        16224      2300     SH           0     0      2300
INFORMATICA CORP                 COM    45666Q102     570791     10790     SH        1350     0      9440
ING GROEP NV-CVA                 COM    7154182        26621      3200     SH           0     0      3200
INNOPHOS HOLDINGS                COM    45774N108     696668     13900     SH       13400     0       500
INSIGHT ENTERPRISES              COM    45765U103     442986     20200     SH       17500     0      2700
INTELIQUENT INC.                 COM    64128B108     373014     30600     SH       27400     0      3200
INTERCONTINENTALEXCH             COM    45865V100    2404850     17500     SH       15700     0      1800
INTERMUNE INC                    COM    45884X103     457704     31200     SH       30100     0      1100
INTERTEK GROUP PLC               COM    3163836       116346      2900     SH           0     0      2900
INT'L BUSINESS MACH.             COM    459200101    3088020     14800     SH       13200     0      1600
INT'L PAPER CO.                  COM    460146103    3576690    101900     SH       91200     0     10700
INTL SPEEDWAY CORP               COM    460335201     123487      4450     SH           0     0      4450
INTREPID POTASH INC              COM    46121Y102     142330      5850     SH        2450     0      3400
INTUITIVE SURGICAL INC           COM    46120E602     276292       510     SH           0     0       510
INVESTMENT TECH.                 COM    46145F105     115414      9650     SH        4050     0      5600
IPC THE HOSPITALIST CO           COM    44984A105     121803      3300     SH        1350     0      1950
ISHARES RUSSELL 2000 GROWTH      COM    464287648    6199700     65000     SH           0     0     65000
ISIS PHARMACEUTICALS             COM    464330109     508221     57950     SH       55900     0      2050
IXIA                             COM    45071R109      40016      3200     SH        1350     0      1850
J2 GLOBAL COMM                   COM    48123V102     966516     33700     SH       32500     0      1200
JAKKS PAC INC                    COM    47012E106     104700      6000     SH        2550     0      3450
JARDINE LLOYD THOMPSON GROUP     COM    0520337       102116      9150     SH           0     0      9150
JOS A BANK CLOTHIERS I           COM    480838101    2026482     40200     SH       35250     0      4950
JUPITER TELECOMMUNICATIONS       COM    6301956       100735       100     SH           0     0       100
K12 INC                          COM    48273U102     200855      8500     SH        8200     0       300
KANSAI PAINT CO LTD              COM    6483746       109581     10800     SH           0     0     10800
KBR INC                          COM    48242W106    1180260     33200     SH       29700     0      3500
KELLY SERVICES INC -A            COM    488152208      74353      4650     SH        1950     0      2700
KENEXA CORP                      COM    488879107     160886      5150     SH        2200     0      2950
KENNAMETAL INC.                  COM    489170100     293898      6600     SH        2800     0      3800
KENSEY NASH CORP                 COM    490057106     845614     28900     SH       27850     0      1050
KEYCORP                          COM    493267108    3679174    432844     SH      350300     0     82544
KIMBERLY CLARK CORP.             COM    494368103    3687554     49906     SH       39300     0     10606
KINDER MORGAN INC                COM    49456B101     466892     12080     SH           0     0     12080
KINGFISHER PLC                   COM    3319521       121282     24750     SH           0     0     24750
KLA INSTRUMENT CORP              COM    482480100     527874      9700     SH        8700     0      1000
KNIGHT TRANSPORTATION            COM    499064103     121854      6900     SH        2900     0      4000
KOHLS                            COM    500255104    2066239     41300     SH       37000     0      4300
KOMATSU LTD                      COM    6496584       123260      4300     SH           0     0      4300
KOPPERS HOLDINGS INC             COM    50060P106      46272      1200     SH         500     0       700
KOREA ELEC POWER CORP-SP ADR     ADR    500631106      27730      2850     SH           0     0      2850
KROGER CO.                       COM    501044101    1361726     56200     SH       50300     0      5900
KUEHNE & NAGEL INTL AG-REG       COM    B142S60        60789       450     SH           0     0       450
LANDEC CORP                      COM    514766104      76074     11650     SH        4900     0      6750
LANDSTAR SYS INC.                COM    515098101     138528      2400     SH        1000     0      1400
LASALLE HOTEL PPTYS              COM    517942108     350343     12450     SH        5250     0      7200
LAUDER ESTEE COS.                COM    518439104      89813      1450     SH           0     0      1450
LA-Z-BOY CHAIR                   COM    505336107     326876     21850     SH        9200     0     12650
LEUCADIA NATL CORP               COM    527288104     548100     21000     SH       18800     0      2200
LEXINGTON CORP PPTYS             COM    529043101      48096      5350     SH        2250     0      3100
LG ELECTRONICS INC               COM    6520739        18853       258     SH           0     0       258
LHC GROUP INC                    COM    50187A107     502163     27100     SH       26150     0       950
LI & FUNG LTD                    COM    G5485F169      69620     29500     SH           0     0     29500
LINCOLN NAT'L CORP.              COM    534187109    3339812    126700     SH      113400     0     13300
LIQUIDITY SERVICES INC           COM    53635B107     331520      7400     SH        3100     0      4300
LITTELFUSE INC                   COM    537008104    2288550     36500     SH       34800     0      1700
LIVEPERSON INC                   COM    538146101      82173      4900     SH        2050     0      2850
LKQ CORP                         COM    501889208     180162      5780     SH           0     0      5780
LOCKHEED MARTIN                  COM    539830109    3699536     41170     SH       31800     0      9370
LOEWS CORP.                      COM    540424108     225265      5650     SH           0     0      5650
LORILLARD INC.                   COM    544147101    1469598     11350     SH        6800     0      4550
LSB INDS INC                     COM    502160104    1272684     32700     SH       31550     0      1150
LSI LOGIC CORP.                  COM    502161102     671832     77400     SH       69300     0      8100
LUFKIN INDS INC                  COM    549764108    2709840     33600     SH       32400     0      1200
M & T BANK CORP.                 COM    55261F104     219806      2530     SH           0     0      2530
MABUCHI MOTOR CO LTD             COM    6551030       100382      2200     SH           0     0      2200
MACY'S INC.                      COM    55616P104    2399692     60400     SH       54100     0      6300
MADDEN STEVEN LTD                COM    556269108     635906     14875     SH       10350     0      4525
MANHATTAN ASSOCS INC             COM    562750109    1608890     33850     SH       29250     0      4600
MANTECH INTL CORP                COM    564563104    1250898     36300     SH       35000     0      1300
MAP PHARMACEUTICALS              COM    56509R108     832880     58000     SH       55950     0      2050
MARATHON OIL                     COM    565849106    1556470     49100     SH       36300     0     12800
MARRIOTT INTL NEW-A              COM    571903202     571535     15100     SH       13500     0      1600
MARTEN TRANSPORT LTD             COM    573075108      66210      3000     SH        1250     0      1750
MATERION CORP                    COM    576690101     415148     14450     SH       13950     0       500
MATTEL INC.                      COM    577081102    3201066     95100     SH       85100     0     10000
MATTHEWS INTL CORP               COM    577128101     251538      7950     SH        7650     0       300
MAXIMUS INC.                     COM    577933104     323326      7950     SH        3350     0      4600
MCDONALDS CORP.                  COM    580135101    3080340     31400     SH       28100     0      3300
MCGRATH RENTCORP                 COM    580589109     297017      9250     SH        3900     0      5350
MDU RESEARCH GP                  COM    552690109     215391      9620     SH         850     0      8770
MEDASSETS INC                    COM    584045108     655368     49800     SH       48050     0      1750
MEDICINES CO                     COM    584688105     622170     31000     SH       29900     0      1100
MEDTRONIC INC.                   COM    585055106    1465706     37400     SH       33100     0      4300
MEN'S WEARHOUSE                  COM    587118100    2388232     61600     SH       59400     0      2200
MENTOR GRAPHICS                  COM    587200106    1582590    106500     SH      102700     0      3800
MERCK KGAA                       COM    4741844       116029      1050     SH           0     0      1050
MERITAGE CORP                    COM    59001A102     177243      6550     SH        2750     0      3800
METRO HEALTH NETWORKS            COM    592142103     329824     35200     SH       14800     0     20400
METROPCS COMMUNICATION           COM    591708102     522258     57900     SH       51800     0      6100
METTLER TOLEDO INT'L             COM    592688105     131172       710     SH           0     0       710
MFA FINANCIAL INC.               COM    55272X102     449245     60140     SH           0     0     60140
MICHELIN (CGDE)-B                COM    4588364        22304       300     SH           0     0       300
MICROSOFT CORP.                  COM    594918104    3086803     95700     SH       85700     0     10000
MICROSTRATEGY INC                COM    594972408    1351000      9650     SH        9300     0       350
MID-AMER APART CMNTY             COM    59522J103    2252208     33600     SH       32400     0      1200
MIDSOUTH BANKCORP                COM    620076307     467636      9200     SH        8200     0      1000
MITCHAM INDS                     COM    606501104     176311      7850     SH        3300     0      4550
MITSUI & CO LTD                  ADR    606827202      99189       300     SH           0     0       300
MODUSLINK GLOBAL SOLUTIONS       COM    60786L107      42120      7800     SH        3300     0      4500
MOLINA HEALTHCARE                COM    60855R100     324529      9650     SH        4050     0      5600
MOLSON COORS BREWING B           COM    60871R209     316750      7000     SH           0     0      7000
MONOLITHIC PWR SYS               COM    609839105     480007     24403     SH       23553     0       850
MONOTYPE IMAGING HDGS            COM    61022P100     321840     21600     SH        9100     0     12500
MONSTER BEVERAGE CORP.           COM    611740101     185649      2990     SH           0     0      2990
MONSTER WORLDWIDE INC            COM    611742107     136500     14000     SH        5850     0      8150
MOODYS CORP                      COM    615369105    2429170     57700     SH       51600     0      6100
MOOG INC. CL A                   COM    615394202     283074      6600     SH        6350     0       250
MS&AD INSURANCE GROUP HOLDIN     COM    B2Q4CS1        49548      2400     SH           0     0      2400
MSC INDL DIRECT                  COM    553530106      77450       930     SH           0     0       930
MUELLER INDUSTRIES               COM    624756102    2056612     45250     SH       43650     0      1600
MURPHY OIL CORP.                 COM    626717102     967281     17190     SH       11000     0      6190
MWI VETERINARY SUPPLY            COM    55402X105     334400      3800     SH        3650     0       150
MYLAN LABS INC                   COM    628530107    1095115     46700     SH       41800     0      4900
MYR GROUP INC                    COM    55405W104      34827      1950     SH         800     0      1150
NANOMETRICS INC                  COM    630077105     311893     16850     SH        7100     0      9750
NASDAQ STOCK MKT                 COM    631103108    2693600    104000     SH       93100     0     10900
NASH FINCH CO                    COM    631158102     221676      7800     SH        3300     0      4500
NCR CORPORATION                  COM    62886E108     100517      4630     SH           0     0      4630
NETGEAR INC                      COM    64111Q104     269310      7050     SH        6800     0       250
NETSCOUT SYSTEMS INC             COM    64115T104      75258      3700     SH        1550     0      2150
NEUSTAR INC-CLASS A              COM    64126X201      46562      1250     SH         500     0       750
NEWFIELD EXPLORATION             COM    651290108     898212     25900     SH       23200     0      2700
NEWMARKET CORP                   COM    651587107     281100      1500     SH         650     0       850
NEWPORT CORP.                    COM    651824104     339338     19150     SH       18450     0       700
NEXEN INC                        COM    65334H102      92667      5050     SH           0     0      5050
NHN CORP                         COM    6560393       111292       485     SH           0     0       485
NINTENDO CO LTD                  COM    6639550        75642       500     SH           0     0       500
NIPPON TELEGRAPH & TELE-ADR      ADR    654624105      98397      4350     SH           0     0      4350
NISOURCE INC.                    COM    65473P105     477260     19600     SH       17500     0      2100
NITTO DENKO CORP-UNSPONS ADR     ADR    654802206      16356       400     SH           0     0       400
NOKIA SPON. ADR                  ADR    654902204      66429     12100     SH           0     0     12100
NORDSON CORP                     COM    655663102    2104086     38600     SH       37250     0      1350
NORTHERN TRUST CO.               COM    665859104    2665266     56170     SH       44300     0     11870
NORTHROP GRUMMAN                 COM    666807102    1197168     19600     SH       10400     0      9200
NORTHSTAR REALTY FINANCE         COM    66704R100      45714      8450     SH        3550     0      4900
NOVATEL WIRELESS INC             COM    66987M604      55442     16550     SH        6950     0      9600
NOVO NORDISK A/S-B               COM    7077524       152106      1100     SH           0     0      1100
NU SKIN ENTERPRISES              COM    67018T105     324296      5600     SH           0     0      5600
NUANCE COMMUNICATIONS            COM    67020Y100     105645      4130     SH           0     0      4130
NV ENERGY INC                    COM    67073Y106     603694     37450     SH       29650     0      7800
NY COMMUNITY BANCORP             COM    649445103     102655      7380     SH           0     0      7380
NYSE EURONEXT                    COM    629491101     456152     15200     SH       13600     0      1600
OCEANEERING INTL.                COM    675232102      43112       800     SH         350     0       450
OCZ TECHNOLOGY GROUP             COM    67086E303     258260     37000     SH       15550     0     21450
OLD REP INTL CORP.               COM    680223104     158461     15020     SH           0     0     15020
OMNICELL INC                     COM    68213N109     847957     55750     SH       46600     0      9150
ON ASSIGNMENT INC.               COM    682159108      85603      4900     SH        2050     0      2850
ON SEMICONDUCTOR CORP            COM    682189105     455906     50600     SH           0     0     50600
OPNET TECHNOLOGIES INC           COM    683757108      43500      1500     SH         650     0       850
ORACLE SYSTEMS                   COM    68389X105     854388     29300     SH       26200     0      3100
ORBITAL SCIENCES                 COM    685564106     392527     29850     SH       26950     0      2900
O'REILLY AUTO                    COM    67103H107     417469      4570     SH           0     0      4570
ORION MARINE GROUP               COM    68628V308      66877      9250     SH        3900     0      5350
OSI SYSTEMS INC                  COM    671044105     726405     11850     SH       11450     0       400
OXFORD INDS INC                  COM    691497309     282051      5550     SH        5300     0       250
PAR PHARMACEUTICAL               COM    69888P106     826885     21350     SH       12550     0      8800
PAREXEL INTERNATIONAL            COM    699462107    1359288     50400     SH       43650     0      6750
PARKER HANNIFIN                  COM    701094104     473480      5600     SH           0     0      5600
PDL BIOPHARMA INC.               COM    69329Y104     550458     86550     SH       83450     0      3100
PEABODY ENERGY                   COM    704549104     422816     14600     SH       13100     0      1500
PENNYMAC MTG INVT                COM    70931T103     170830      9150     SH        3850     0      5300
PEPSICO INC.                     COM    713448108     497625      7500     SH        6700     0       800
PERRIGO CO                       COM    714290103     466961      4520     SH           0     0      4520
PETMED EXPRESS INC               COM    716382106     695756     56200     SH       52250     0      3950
PETROLEO BRASILEIRO SA           ADR    71654V408      91632      3450     SH           0     0      3450
PETROQUEST ENERGY INC            COM    716748108    1014942    165300     SH      159450     0      5850
PHILIP MORRIS INT'L              COM    718172109    3783647     42700     SH       38200     0      4500
PIER 1 IMPORTS INC               COM    720279108      49086      2700     SH        1150     0      1550
PIONEER NAT RES CO               COM    723787107    3325382     29800     SH       26700     0      3100
PIPER JAFFRAY COS                COM    724078100      50578      1900     SH         800     0      1100
PLAINS EXPLORATION & PROD.       COM    726505100     447398     10490     SH           0     0     10490
PLANTRONICS                      COM    727493108      48312      1200     SH         500     0       700
PNM RES INC                      COM    69349H107     242841     13270     SH           0     0     13270
POLARIS INDS. INC.               COM    731068102    2005770     27800     SH       26800     0      1000
POLYCOM INC.                     COM    73172K104      49582      2600     SH        1100     0      1500
POLYONE CORP                     COM    73179P106    1293120     89800     SH       86600     0      3200
POOL CORP                        COM    73278L105    1377056     36800     SH       35500     0      1300
POSCO-ADR                        ADR    693483109      75330       900     SH           0     0       900
POWER-ONE INC                    COM    73930R102     300072     65950     SH       63600     0      2350
PPG INDUSTRIES                   COM    693506107     238542      2490     SH           0     0      2490
PPL CORP                         COM    69351T106     226080      8000     SH           0     0      8000
PRICELINE COM INC                COM    741503403      93275       130     SH           0     0       130
PRICESMART INC                   COM    741511109    2282593     31350     SH       30250     0      1100
PROCERA NETWORKS INC             COM    74269U203      51428      2300     SH        1000     0      1300
PROGENICS PHARMACEUTIC           COM    743187106     529650     53500     SH       51600     0      1900
PROGRESS SOFTWARE                COM    743312100    1141436     48325     SH       46625     0      1700
PSS WORLD MEDICAL                COM    69366A100    2147565     84750     SH       81750     0      3000
PUBLIC STORAGE INC               COM    74460D109    2998289     21700     SH       19300     0      2400
PUBLIC SVC ENTER.                COM    744573106     504146     16470     SH           0     0     16470
PUBLICIS GROUPE                  COM    4380429        77064      1400     SH           0     0      1400
QBE INSURANCE GROUP LTD          COM    6715740        19083      1300     SH           0     0      1300
QLOGIC CORP                      COM    747277101     103008      5800     SH        2450     0      3350
QUAKER CHEM CORP                 COM    747316107     733770     18600     SH       16850     0      1750
QUALCOMM INC.                    COM    747525103    3115316     45800     SH       41000     0      4800
QUALITY SYSTEMS                  COM    747582104    2158075     49350     SH       47600     0      1750
QUEST SOFTWARE INC               COM    74834T103     317635     13650     SH       13150     0       500
QUESTCOR PHARMACEUTICALS         COM    74835Y101     366795      9750     SH        9400     0       350
RANGE RES CORP                   COM    75281A109     468027      8050     SH           0     0      8050
RAVEN INDS INC                   COM    754212108     738221     12100     SH       11650     0       450
RAYONIER INC COM                 COM    754907103    1044933     23700     SH       21200     0      2500
RAYTHEON CO.                     COM    755111507     548912     10400     SH        9300     0      1100
RBC BEARINGS INC                 COM    75524B104     509736     11050     SH        8350     0      2700
REALTY INCOME CORP               COM    756109104     152983      3950     SH        1700     0      2250
RED ROBIN GOURMET BURG           COM    75689M101     256611      6900     SH        2900     0      4000
REED ELSEVIER NV                 COM    4148810        49734      3900     SH           0     0      3900
REGAL BELOIT CORP.               COM    758750103     117990      1800     SH         750     0      1050
REGENERON PHARM.                 COM    75886F107    4241469     36370     SH       33400     0      2970
REGIONS FINANCIAL CORP           COM    7591EP100     469867     71300     SH       63800     0      7500
REINSURANCE GRP OF AMER          COM    759351604     776083     13050     SH        2250     0     10800
REVLON INC                       COM    761525609     112987      6550     SH           0     0      6550
REYNOLDS AMERICAN INC            COM    761713106     487334     11760     SH           0     0     11760
RHEINMETALL AG                   COM    5334588        88681      1500     SH           0     0      1500
RHOEN-KLINIKUM AG                COM    4717629        29070      1450     SH           0     0      1450
RIO TINTO PLC                    ADR    767204100     100062      1800     SH           0     0      1800
ROADRUNNER TRANSPORTATION SY     COM    76973Q105     108437      6250     SH        2600     0      3650
ROCK-TENN CO                     COM    772739207    1567392     23200     SH       22350     0       850
ROCKWOOD HLDGS                   COM    774415103     457877      8780     SH           0     0      8780
ROLLINS INC                      COM    775711104    1048040     49250     SH       47500     0      1750
ROPER INDS INC.                  COM    776696106     219143      2210     SH           0     0      2210
ROSETTA RESOURCES                COM    777779307     341320      7000     SH           0     0      7000
ROYAL DUTCH SHELL A              ADR    780259206     119221      1700     SH           0     0      1700
ROYAL GOLD INC                   COM    780287108      91308      1400     SH           0     0      1400
RR DONNELLEY & SONS              COM    257867101    1323252    106800     SH       95600     0     11200
RTI INT'L METALS                 COM    74973W107     296321     12850     SH       12400     0       450
RUBY TUESDAY INC                 COM    781182100      87648      9600     SH        4050     0      5550
RUDDICK CORP                     COM    781258108    1942845     48450     SH       46750     0      1700
SABRA HEALTHCARE REIT            COM    78573L106      78616      4782     SH        2016     0      2766
SAFEWAY INC.                     COM    786514208     462404     22880     SH           0     0     22880
SALIX PHARMACEUTICALS            COM    795435106     425250      8100     SH        3400     0      4700
SALLY BEAUTY HLDGS               COM    79546E104    2095600     84500     SH       81500     0      3000
SAMSUNG ELECTRONICS CO LTD       COM    6771720        56264        50     SH           0     0        50
SANDRIDGE ENERGY                 COM    80007P307     475281     60700     SH       54300     0      6400
SANKYO CO LTD                    COM    6775432       108536      2200     SH           0     0      2200
SANMINA SCI CORP.                COM    800907206     317165     27700     SH       26500     0      1200
SANOFI                           COM    5671735       178353      2300     SH           0     0      2300
SAP AG                           COM    4846288       125510      1800     SH           0     0      1800
SARA LEE CORP                    COM    803111103     456436     21200     SH       19000     0      2200
SASOL LTD                        ADR    803866300      92416      1900     SH           0     0      1900
SCHULMAN A INC                   COM    808194104     316134     11700     SH        4900     0      6800
SCRIPPS NETWORKS                 COM    811065101     216670      4450     SH           0     0      4450
SEACOR HOLDINGS INC              COM    811904101     522001      5450     SH        4100     0      1350
SELECT COMFORT CORP              COM    81616X103     444390     13720     SH           0     0     13720
SEMPRA ENERGY                    COM    816851109     347168      5790     SH           0     0      5790
SERCO GROUP PLC                  COM    0797379        58941      6800     SH           0     0      6800
SEVEN BANK LTD                   COM    B2NT8S1        28592     13000     SH           0     0     13000
SHAFTESBURY PLC                  COM    0799096        15737      2000     SH           0     0      2000
SHISEIDO CO LTD                  COM    6805265       107583      6200     SH           0     0      6200
SILGAN HOLDINGS INC              COM    827048109     691730     15650     SH       15100     0       550
SIMON PPTY GP                    COM    828806109    3423480     23500     SH       21000     0      2500
SINCLAIR BRDCASTinG GRP          COM    829226109     998165     90250     SH       87050     0      3200
SIRONA DENTAL SYSTEMS            COM    82966C103    2107986     40900     SH       38950     0      1950
SK TELECOM LTD                   ADR    78440P108      98761      7100     SH           0     0      7100
SM ENERGY COMPANY                COM    78454L100      38923       550     SH         250     0       300
SMITH A O                        COM    831865209      44950      1000     SH         400     0       600
SONIC AUTOMOTIVE INC             COM    83545G102     199696     11150     SH        4700     0      6450
SONIC CORP                       COM    835451105     283776     36950     SH       35650     0      1300
SOUTH JERSEY INDS                COM    838518108    1208466     24150     SH       23300     0       850
SOUTHERN COPPER CORP             COM    84265V105     423011     13340     SH           0     0     13340
SPECTRA ENERGY                   COM    847560109     254924      8080     SH           0     0      8080
SPS COMMERCE INC                 COM    78463M107     220416      8200     SH        3450     0      4750
STANDARD CHARTERED PLC           COM    0408284       149549      6000     SH           0     0      6000
STANDARD MICROSYSTEMS            COM    853626109     130669      5051     SH        2100     0      2951
STANDARD MTR PRODS               COM    853666105     167643      9450     SH        3950     0      5500
STANLEY BLACK & DECKER           COM    854502101     166233      2160     SH           0     0      2160
STATOIL ASA                      ADR    85771P102      97596      3600     SH           0     0      3600
STEC INC                         COM    784774101     260072     27550     SH       26550     0      1000
STERICYCLE INC                   COM    858912108     244228      2920     SH           0     0      2920
STIFEL FINL CORP                 COM    860630102     805992     21300     SH       20550     0       750
STONE ENERGY                     COM    861642106    1056400     36950     SH       35650     0      1300
STR HOLDINGS                     COM    78478V100     187550     38750     SH       37350     0      1400
STURM RUGER & CO                 COM    864159108     999185     20350     SH       19650     0       700
SUNTRUST BANKS INC.              COM    867914103      71059      2940     SH           0     0      2940
SUPERIOR ENERGY SVCS             COM    868157108      39540      1500     SH         650     0       850
SUSQUEHANNA BANCSHRS             COM    869099101     249964     25300     SH       10650     0     14650
SVENSKA CELLULOSA AB-SP ADR      ADR    869587402      46683      2700     SH           0     0      2700
SXC HEALTH SOLUTIONS             COM    78505P100     303588      4050     SH        1700     0      2350
SYMMETRY MEDICAL INC             COM    871546206      51611      7300     SH        3050     0      4250
SYNAPTICS INC                    COM    87157D109     704643     19300     SH       18600     0       700
SYNNEX CORP                      COM    87162W100     308934      8100     SH        3400     0      4700
T ROWE PRICE GP                  COM    74144T108    3088690     47300     SH       42300     0      5000
TAIWAN SEMICONDUCTOR             ADR    874039100      70288      4600     SH           0     0      4600
TAKE-TWO INTERACTIVE             COM    874054109     426164     27700     SH       21950     0      5750
TANGER FACTORY                   COM    875465106     465274     15650     SH       15100     0       550
TATA MOTORS LTD-SPON ADR         ADR    876568502      41803      1550     SH           0     0      1550
TATE & LYLE PLC                  COM    0875413        15769      1400     SH           0     0      1400
TELEFLEX INC                     COM    879369106     120465      1970     SH           0     0      1970
TELETECH HOLDINGS                COM    879939106     397670     24700     SH       23600     0      1100
TELSTRA CORP LTD                 ADR    87969N204      95984      5600     SH           0     0      5600
TERADATA CORP.                   COM    88076W103     155382      2280     SH           0     0      2280
TERADYNE INC.                    COM    880770102     543858     32200     SH       28800     0      3400
TESORO PETE CORP                 COM    881609101    3577772    133300     SH      119300     0     14000
TESSERA TECHNOLOGIES             COM    88164L100     286350     16600     SH       16000     0       600
TEVA PHARMACEUTICAL              ADR    881624209     103638      2300     SH           0     0      2300
TEXAS INSTRS INC.                COM    882508104     904109     26900     SH       24100     0      2800
TEXAS ROADHOUSE INC              COM    882681109    1412736     84900     SH       79100     0      5800
THERMON GROUP                    COM    88362T103     232107     11350     SH        4800     0      6550
THOR INDS INC                    COM    885160101     249324      7900     SH        3300     0      4600
THORATEC CORP.                   COM    885175307      42137      1250     SH         500     0       750
TIBCO SOFTWARE INC               COM    88632Q103    2026115     66430     SH       55600     0     10830
TIME WARNER CABLE                COM    88732J207    3105150     38100     SH       34100     0      4000
TIMKEN CO                        COM    887389104    1184779     23350     SH       15800     0      7550
TITAN INTL INC ILL               COM    88830M102     195822      8280     SH           0     0      8280
TITAN MACHY INC                  COM    88830R101     186120      6600     SH        2800     0      3800
TITANIUM METALS CORP             COM    888339207     397308     29300     SH       26200     0      3100
TJX COMPANIES INC.               COM    872540109     897446     22600     SH       20200     0      2400
TORO CO DELA                     COM    891092108     547547      7700     SH        7450     0       250
TOWER GROUP                      COM    891777104     930845     41500     SH       35150     0      6350
TOYOTA MOTOR CORP                ADR    892331307     108525      1250     SH           0     0      1250
TRACTOR SUPPLY                   COM    892356106     467289      5160     SH           0     0      5160
TRAVELERS COMPANIES              COM    89417E109    4132160     69800     SH       62500     0      7300
TRAVELZOO INC                    COM    89421Q106     270250     11750     SH       11350     0       400
TREEHOUSE FOODS INC              COM    89469A104    1210825     20350     SH       18950     0      1400
TRIANGLE PETROLEUM CORP          COM    89600B201      56925      8250     SH        3450     0      4800
TRIMAS CORP                      COM    896215209     276516     12350     SH       11900     0       450
TRIUMPH GROUP                    COM    896818101    1945593     31050     SH       27150     0      3900
TRUE RELIGION APPAREL            COM    89784N104     116450      4250     SH        1800     0      2450
TRUEBLUE                         COM    89785X101     223500     12500     SH        5300     0      7200
TRW AUTOMOTIVE HLDS              COM    87264S106     723691     15580     SH        9100     0      6480
TYSON FOOD CL A                  COM    902494103    3215285    167900     SH      150300     0     17600
U S G CORP.                      COM    903293405     817000     47500     SH       42500     0      5000
UBS AG                           COM    H89231338     152818     10900     SH           0     0     10900
UMB FINL CORP                    COM    902788108      65760      1470     SH           0     0      1470
UNILEVER PLC                     ADR    904767704      71057      2150     SH           0     0      2150
UNITED CONTINENTAL HDGS          COM    910047109     486330     22620     SH           0     0     22620
UNITED HEALTHCARE                COM    91324P102    2304554     39100     SH       35000     0      4100
UNITED OVERSEAS BANK-SP ADR      ADR    911271302     103411      3550     SH           0     0      3550
UNITED PARCEL SERVICE            COM    911312106    3067360     38000     SH       34000     0      4000
UNITED RENTALS                   COM    911363109     466214     10870     SH           0     0     10870
UNITED STATIONERS                COM    913004107    1878866     60550     SH       58400     0      2150
UNITED TECHNOLOGIES              COM    913017109    3234660     39000     SH       34900     0      4100
UNIVERSAL HEALTH SVCS            COM    913903100     289598      6910     SH           0     0      6910
UNUMPROVIDENT                    COM    91529Y106    2878848    117600     SH       92700     0     24900
URS CORP NEW                     COM    903236107     535752     12600     SH       11300     0      1300
USA MOBILITY INC                 COM    90341G103     309942     22250     SH        9350     0     12900
VAALCO ENERGY INC                COM    91851C201     556605     58900     SH       56800     0      2100
VALASSIS COMM.                   COM    918866104     428490     18630     SH           0     0     18630
VALERO ENERGY NEW                COM    91913Y100    3448232    133808     SH      119800     0     14008
VALUECLICK INC                   COM    92046N102     817236     41400     SH       39950     0      1450
VANDA PHARMACEUTICALS            COM    921659108     234470     48950     SH       47200     0      1750
VEECO INSTRS INC DEL             COM    922417100     687830     24050     SH       23200     0       850
VERISIGN INC.                    COM    92343E102     294451      7680     SH           0     0      7680
VERIZON COMM.                    COM    92343V104    7026674    183800     SH      164500     0     19300
VIASAT INC                       COM    92552V100    1084725     22500     SH       21700     0       800
VIROPHARMA INC                   COM    928241108     472099     15700     SH       12900     0      2800
VIRTUSA CORP                     COM    92827P102      50083      2900     SH        1250     0      1650
VISHAY INTERTECH.                COM    928298108     443840     36500     SH       32700     0      3800
VOLTERRA SEMICONDUCTOR           COM    928708106    1727770     50204     SH       48404     0      1800
W & T OFFSHORE INC               COM    92922P106    2078488     98600     SH       95100     0      3500
WABTEC CORP                      COM    929740108     173351      2300     SH        1000     0      1300
WACOAL HOLDINGS CORP             COM    6932204        96556      8100     SH           0     0      8100
WAL MART STORES INC.             COM    931142103    4204440     68700     SH       61500     0      7200
WALGREEN                         COM    931422109    1949118     58200     SH       52100     0      6100
WALMART DE MEXICO-SER V          COM    B02YZ04       109914     32700     SH           0     0     32700
WASHINGTON REAL ESTATE           COM    939653101    2015145     67850     SH       65450     0      2400
WASTE CONNECTIONS INC            COM    941053100     272601      8380     SH           0     0      8380
WATERS CORP.                     COM    941848103     228870      2470     SH           0     0      2470
WATSON PHARM.                    COM    942683103    2133178     31810     SH       26500     0      5310
WATTS INDUSTRIES                 COM    942749102      63162      1550     SH         650     0       900
WEB COM GROUP                    COM    94733A104      57720      4000     SH        1700     0      2300
WEINGARTEN REALTY INVESTORS      COM    948741103      48895      1850     SH         750     0      1100
WERNER ENTERPRISES INC           COM    950755108     456181     18350     SH       17700     0       650
WEST PHARMACEUTICAL              COM    955306105    1799019     42300     SH       40800     0      1500
WESTAMERICA BANCORPORATION       COM    957090103     714240     14880     SH       12850     0      2030
WESTERN DIGITAL CORP             COM    958102105     463154     11190     SH           0     0     11190
WESTERN REFNG INC                COM    959319104    1074622     57100     SH       55050     0      2050
WESTERN UNION CO                 COM    959802109     455840     25900     SH       23200     0      2700
WHITING PETE CORP                COM    966387102     434400      8000     SH        7200     0       800
WHOLE FOODS MARKET               COM    966837106     248768      2990     SH           0     0      2990
WINNEBAGO INDS INC               COM    974637100      46060      4700     SH        2000     0      2700
WINTRUST FINANCIAL               COM    97650W108      84464      2360     SH           0     0      2360
WIRECARD AG                      COM    7508927        97901      5150     SH           0     0      5150
WISCONSIN ENERGY                 COM    976657106     485484     13800     SH       12400     0      1400
WMS INDS INC                     COM    929297109      56952      2400     SH        1000     0      1400
WORKSPACE GROUP PLC              COM    B67G5X0        80248     21350     SH           0     0     21350
WORLD ACCEP CORP                 COM    981419104     248062      4050     SH        3900     0       150
WORLD FUEL SVCS CORP             COM    981475106     321850      7850     SH        3300     0      4550
WORLEYPARSONS LTD                COM    6562474       100841      3400     SH           0     0      3400
WR BERKLEY CORP                  COM    084423102     455112     12600     SH       11300     0      1300
XEROX CORP.                      COM    984121103      24094      2982     SH           0     0      2982
YAMADA DENKI CO LTD              COM    6985026        75387      1200     SH           0     0      1200
YAMANA GOLD INC                  COM    98462Y100      68728      4400     SH           0     0      4400
ZOLL MED CORP                    COM    989922109    2644586     28550     SH       25050     0      3500
ZUMIEZ INC                       COM    989817101     918999     25450     SH       22000     0      3450
ZURICH FINANCIAL SVCS-ADR        ADR    98982M107     118712      4400     SH           0     0      4400
CASH AND EQUIVALENTS                                 6900519

</table>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>