The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADVANCE AUTO PAR COMMON STOCK 00751Y106 26,832 330,563 SH   SOLE 0 330,563 0 0
AIRGAS INC COMMON STOCK 009363102 6,417 67,224 SH   SOLE 0 67,224 0 0
ALKERMES PLC COMMON STOCK G01767105 201 7,000 SH   SOLE 0 7,000 0 0
AMAZON.COM INC COMMON STOCK 023135106 4,761 17,146 SH   SOLE 0 17,146 0 0
AMER GREETINGS-A COMMON STOCK 026375105 537 29,490 SH   SOLE 0 29,490 0 0
AMERISTAR CASINO COMMON STOCK 03070Q101 502 19,080 SH   SOLE 0 19,080 0 0
AMGEN INC COMMON STOCK 031162100 217 2,200 SH   SOLE 0 2,200 0 0
ARBITRON INC COMMON STOCK 03875Q108 793 17,066 SH   SOLE 0 17,066 0 0
ATWOOD OCEANICS COMMON STOCK 050095108 1,012 19,435 SH   SOLE 0 19,435 0 0
AUTOZONE INC COMMON STOCK 053332102 47,466 112,031 SH   SOLE 0 112,031 0 0
BAIDU INC-SP ADR ADR 056752108 11,385 120,439 SH   SOLE 0 120,439 0 0
BALL CORP COMMON STOCK 058498106 8,542 205,626 SH   SOLE 0 205,626 0 0
BEAM INC COMMON STOCK 073730103 16,271 257,813 SH   SOLE 0 257,813 0 0
BMC SOFTWARE INC COMMON STOCK 055921100 1,274 28,219 SH   SOLE 0 28,219 0 0
BOISE INC COMMON STOCK 09746Y105 5,549 649,772 SH   SOLE 0 649,772 0 0
BORGWARNER INC COMMON STOCK 099724106 2,760 32,040 SH   SOLE 0 32,040 0 0
BROWN-FORMAN -B COMMON STOCK 115637209 11,888 175,990 SH   SOLE 0 175,990 0 0
CABELAS INC COMMON STOCK 126804301 201 3,100 SH   SOLE 0 3,100 0 0
CALUMET SPECIALT MLP 131476103 6,504 178,772 SH   SOLE 0 178,772 0 0
CANADIAN PACIFIC COMMON STOCK 13645T100 46,988 387,113 SH   SOLE 0 387,113 0 0
CARNIVAL CORP COMMON STOCK 143658300 279 8,126 SH   SOLE 0 8,126 0 0
CERVEZAS-ADR ADR 204429104 8,269 289,041 SH   SOLE 0 289,041 0 0
CHELSEA THERAPEU COMMON STOCK 163428105 104 45,100 SH   SOLE 0 45,100 0 0
CITIGROUP INC COMMON STOCK 172967424 85,500 1,782,360 SH   SOLE 0 1,782,360 0 0
CLEARWIRE -CL A COMMON STOCK 18538Q105 472 94,786 SH   SOLE 0 94,786 0 0
COMCAST CORP-A COMMON STOCK 20030N101 91,229 2,178,351 SH   SOLE 0 2,178,351 0 0
COPA HOLDIN-CL A COMMON STOCK P31076105 7,991 60,947 SH   SOLE 0 60,947 0 0
COVIDIEN PLC COMMON STOCK G2554F113 2,005 31,900 SH   SOLE 0 31,900 0 0
CROWN HOLDINGS I COMMON STOCK 228368106 7,016 170,572 SH   SOLE 0 170,572 0 0
CTC MEDIA INC COMMON STOCK 12642X106 1,672 150,350 SH   SOLE 0 150,350 0 0
DELL INC COMMON STOCK 24702R101 1,186 88,804 SH   SOLE 0 88,804 0 0
DIANA SHIPPING I COMMON STOCK Y2066G104 1,187 118,207 SH   SOLE 0 118,207 0 0
DISCOVERY COMM-C COMMON STOCK 25470F302 906 13,000 SH   SOLE 0 13,000 0 0
DRIL-QUIP INC COMMON STOCK 262037104 217 2,400 SH   SOLE 0 2,400 0 0
ECOLAB INC COMMON STOCK 278865100 2,895 33,984 SH   SOLE 0 33,984 0 0
ENSCO PLC-CL A COMMON STOCK G3157S106 1,895 32,601 SH   SOLE 0 32,601 0 0
EQT CORP COMMON STOCK 26884L109 3,537 44,567 SH   SOLE 0 44,567 0 0
EQUIFAX INC COMMON STOCK 294429105 17,784 301,783 SH   SOLE 0 301,783 0 0
EXELON CORP COMMON STOCK 30161N101 4,525 146,530 SH   SOLE 0 146,530 0 0
FEDEX CORP COMMON STOCK 31428X106 16,719 169,602 SH   SOLE 0 169,602 0 0
FIDELITY NATIONA COMMON STOCK 31620M106 17,807 415,666 SH   SOLE 0 415,666 0 0
FMC CORP COMMON STOCK 302491303 22,746 372,511 SH   SOLE 0 372,511 0 0
FREEPORT-MCMORAN COMMON STOCK 35671D857 7,780 281,787 SH   SOLE 0 281,787 0 0
GARDNER DENVER COMMON STOCK 365558105 550 7,314 SH   SOLE 0 7,314 0 0
GENESEE & WYOMIN COMMON STOCK 371559105 204 2,400 SH   SOLE 0 2,400 0 0
GOLDEN STAR RES COMMON STOCK 38119T104 55 131,600 SH   SOLE 0 131,600 0 0
GOOGLE INC-CL A COMMON STOCK 38259P508 56,808 64,527 SH   SOLE 0 64,527 0 0
GRIFOLS SA-ADR ADR 398438408 456 15,998 SH   SOLE 0 15,998 0 0
HALCON RESOURCES COMMON STOCK 40537Q209 234 41,200 SH   SOLE 0 41,200 0 0
HARBINGER GROUP COMMON STOCK 41146A106 448 59,368 SH   SOLE 0 59,368 0 0
HERSHEY CO/THE COMMON STOCK 427866108 17,633 197,499 SH   SOLE 0 197,499 0 0
HEWLETT-PACKARD COMMON STOCK 428236103 5,140 207,265 SH   SOLE 0 207,265 0 0
HOME DEPOT INC COMMON STOCK 437076102 201 2,600 SH   SOLE 0 2,600 0 0
HUDSON CITY BNCP COMMON STOCK 443683107 916 100,000 SH   SOLE 0 100,000 0 0
ILLINOIS TOOL WO COMMON STOCK 452308109 214 3,100 SH   SOLE 0 3,100 0 0
INGERSOLL-RAND COMMON STOCK G47791101 31,269 563,209 SH   SOLE 0 563,209 0 0
INTERMEC INC COMMON STOCK 458786100 595 60,575 SH   SOLE 0 60,575 0 0
INTL FLVR & FRAG COMMON STOCK 459506101 29,430 391,559 SH   SOLE 0 391,559 0 0
ISHARES MSCI BRA ETP 464286400 2,112 48,160 SH   SOLE 0 48,160 0 0
ISHARES MSCI MEX ETP 464286822 2,563 39,309 SH   SOLE 0 39,309 0 0
ISHARES-S&P S/C ETP 464287804 6,906 76,488 SH   SOLE 0 76,488 0 0
JAZZ PHARMACEUTI COMMON STOCK G50871105 206 3,000 SH   SOLE 0 3,000 0 0
LIBERTY GLOBAL-A COMMON STOCK G5480U104 103,919 1,402,791 SH   SOLE 0 1,402,791 0 0
LIBERTY GLOBAL-C COMMON STOCK G5480U120 2,547 37,517 SH   SOLE 0 37,517 0 0
LIFE TECHNOLOGIE COMMON STOCK 53217V109 553 7,467 SH   SOLE 0 7,467 0 0
LIONS GATE COMMON STOCK 535919203 206 7,500 SH   SOLE 0 7,500 0 0
LYONDELLBASELL-A COMMON STOCK N53745100 47,232 712,822 SH   SOLE 0 712,822 0 0
MCEWEN MINING IN COMMON STOCK 58039P107 165 98,400 SH   SOLE 0 98,400 0 0
MEAD JOHNSON COMMON STOCK 582839106 23,578 297,585 SH   SOLE 0 297,585 0 0
MICRON TECH COMMON STOCK 595112103 94,144 6,569,719 SH   SOLE 0 6,569,719 0 0
MOLSON COORS-B COMMON STOCK 60871R209 957 20,000 SH   SOLE 0 20,000 0 0
MONDELEZ INTER-A COMMON STOCK 609207105 53,093 1,860,941 SH   SOLE 0 1,860,941 0 0
MONSANTO CO COMMON STOCK 61166W101 14,928 151,094 SH   SOLE 0 151,094 0 0
MOSAIC CO/THE COMMON STOCK 61945C103 29,657 551,142 SH   SOLE 0 551,142 0 0
MPG OFFICE TRUST REIT 553274101 352 112,000 SH   SOLE 0 112,000 0 0
NATL OILWELL VAR COMMON STOCK 637071101 6,043 87,714 SH   SOLE 0 87,714 0 0
NEWFIELD EXPLORA COMMON STOCK 651290108 956 40,000 SH   SOLE 0 40,000 0 0
NYSE EURONEXT COMMON STOCK 629491101 556 13,435 SH   SOLE 0 13,435 0 0
OCH-ZIFF CAPIT-A MLP 67551U105 3,768 360,878 SH   SOLE 0 360,878 0 0
OLD DOMINION FRT COMMON STOCK 679580100 204 4,900 SH   SOLE 0 4,900 0 0
OLIN CORP COMMON STOCK 680665205 4,739 198,123 SH   SOLE 0 198,123 0 0
OREILLY AUTOMOT COMMON STOCK 67103H107 10,636 94,442 SH   SOLE 0 94,442 0 0
PETROLOGISTICS L MLP 71672U101 5,992 452,241 SH   SOLE 0 452,241 0 0
PNC FINANCIAL SE COMMON STOCK 693475105 47,222 647,586 SH   SOLE 0 647,586 0 0
POLYONE CORP COMMON STOCK 73179P106 15,003 605,445 SH   SOLE 0 605,445 0 0
PPG INDS INC COMMON STOCK 693506107 11,352 77,539 SH   SOLE 0 77,539 0 0
PRAXAIR INC COMMON STOCK 74005P104 55,742 484,038 SH   SOLE 0 484,038 0 0
RDA MICROELE-ADR ADR 749394102 1,512 136,450 SH   SOLE 0 136,450 0 0
REGIS CORP COMMON STOCK 758932107 194 11,800 SH   SOLE 0 11,800 0 0
RIVERBED TECHNOL COMMON STOCK 768573107 5,097 327,577 SH   SOLE 0 327,577 0 0
ROCKWELL AUTOMAT COMMON STOCK 773903109 25,694 309,045 SH   SOLE 0 309,045 0 0
ROWAN COMPANIE-A COMMON STOCK G7665A101 724 21,258 SH   SOLE 0 21,258 0 0
RYANAIR HLDG-ADR ADR 783513104 4,347 84,364 SH   SOLE 0 84,364 0 0
SANDISK CORP COMMON STOCK 80004C101 59,005 965,707 SH   SOLE 0 965,707 0 0
SAPIENT CORP COMMON STOCK 803062108 208 15,900 SH   SOLE 0 15,900 0 0
SCHWEITZER-MAUDU COMMON STOCK 808541106 10,077 202,025 SH   SOLE 0 202,025 0 0
SENSIENT TECHNOL COMMON STOCK 81725T100 25,263 624,232 SH   SOLE 0 624,232 0 0
SHERWIN-WILLIAMS COMMON STOCK 824348106 14,808 83,850 SH   SOLE 0 83,850 0 0
SILVER BAY REALT REIT 82735Q102 199 12,000 SH   SOLE 0 12,000 0 0
SIRIUS XM RADIO COMMON STOCK 82967N108 212 63,300 SH   SOLE 0 63,300 0 0
SOUTHWEST AIR COMMON STOCK 844741108 32,275 2,503,864 SH   SOLE 0 2,503,864 0 0
SPANSION INC-A COMMON STOCK 84649R200 3,532 282,111 SH   SOLE 0 282,111 0 0
SPDR-CONS STAPLE ETP 81369Y308 1,076 27,126 SH   SOLE 0 27,126 0 0
SPDR-HEALTH CARE ETP 81369Y209 1,014 21,296 SH   SOLE 0 21,296 0 0
SPDR-UTIL SELECT ETP 81369Y886 1,179 31,326 SH   SOLE 0 31,326 0 0
SPRINT NEXTEL CO COMMON STOCK 852061100 199 28,400 SH   SOLE 0 28,400 0 0
STARWOOD PROPERT REIT 85571B105 200 8,100 SH   SOLE 0 8,100 0 0
THERAVANCE COMMON STOCK 88338T104 220 5,700 SH   SOLE 0 5,700 0 0
TIME WARNER CABL COMMON STOCK 88732J207 6,541 58,153 SH   SOLE 0 58,153 0 0
TIME WARNER INC COMMON STOCK 887317303 9,224 159,523 SH   SOLE 0 159,523 0 0
T-MOBILE US INC COMMON STOCK 872590104 135,397 5,457,341 SH   SOLE 0 5,457,341 0 0
TRANSOCEAN LTD COMMON STOCK H8817H100 2,552 53,225 SH   SOLE 0 53,225 0 0
TWENTY-FIRST - B COMMON STOCK 90130A200 1,991 60,660 SH   SOLE 0 60,660 0 0
TWENTY-FIRST CEN COMMON STOCK 90130A101 7,671 235,303 SH   SOLE 0 235,303 0 0
TWO HARBORS INVE REIT 90187B101 193 18,800 SH   SOLE 0 18,800 0 0
TYCO INTL LTD COMMON STOCK H89128104 208 6,300 SH   SOLE 0 6,300 0 0
ULTIMATE SOFTWAR COMMON STOCK 90385D107 223 1,900 SH   SOLE 0 1,900 0 0
UNION PAC CORP COMMON STOCK 907818108 45,785 296,765 SH   SOLE 0 296,765 0 0
UNITED CONTINENT COMMON STOCK 910047109 24,250 775,003 SH   SOLE 0 775,003 0 0
UNITED TECH CORP COMMON STOCK 913017109 13,497 145,219 SH   SOLE 0 145,219 0 0
VERISK ANALYTI-A COMMON STOCK 92345Y106 11,207 187,714 SH   SOLE 0 187,714 0 0
VIRGINIA COMM BA COMMON STOCK 92778Q109 209 15,000 SH   SOLE 0 15,000 0 0
VMWARE INC-CL A COMMON STOCK 928563402 1,016 15,168 SH   SOLE 0 15,168 0 0
WAL-MART STORES COMMON STOCK 931142103 201 2,700 SH   SOLE 0 2,700 0 0
WALT DISNEY CO COMMON STOCK 254687106 5,137 81,340 SH   SOLE 0 81,340 0 0
WATSCO INC COMMON STOCK 942622200 210 2,500 SH   SOLE 0 2,500 0 0
WEBMD HEALTH COR COMMON STOCK 94770V102 203 6,900 SH   SOLE 0 6,900 0 0
WESTLAKE CHEMICA COMMON STOCK 960413102 5,209 54,027 SH   SOLE 0 54,027 0 0
WMS INDS INC COMMON STOCK 929297109 503 19,704 SH   SOLE 0 19,704 0 0
ZOETIS INC COMMON STOCK 98978V103 19,006 615,294 SH   SOLE 0 615,294 0 0