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
3M COMPANY COMMON 88579Y101 1,796 15,037 SH   SOLE   15,037 0 0
ACE LTD COMMON H0023R105 78,114 833,538 SH   SOLE   833,538 0 0
AMAZON.COM INC COMMON 023135106 3,774 12,071 SH   SOLE   12,071 0 0
AMERICAN CAPITAL COMMON 02503Y103 6,405 465,196 SH   SOLE   465,196 0 0
AMERISAFE COMMON 03071H100 10,329 288,708 SH   SOLE   288,708 0 0
AON CORPORATION COMMON G0408V102 556 7,471 SH   SOLE   7,471 0 0
APPLE INC COMMON 037833100 209 439 SH   SOLE   439 0 0
ARM HOLDINGS ADR COMMON 042068106 47,799 995,621 SH   SOLE   995,621 0 0
ASML HOLDING ADR COMMON N07059210 77,878 792,029 SH   SOLE   792,029 0 0
ASOS PLC - UNSPONSORED ADR COMMON 00212V105 17,562 204,272 SH   SOLE   204,272 0 0
AUTOMATIC DATA PROCESSING COMMON 053015103 319 4,413 SH   SOLE   4,413 0 0
AVISTA CORP COMMON 05379B107 7,412 279,692 SH   SOLE   279,692 0 0
BARNES GROUP COMMON 067806109 14,882 425,709 SH   SOLE   425,709 0 0
BBCN BANCORP COMMON 073295107 15,200 1,100,609 SH   SOLE   1,100,609 0 0
BERKSHIRE HATHAWAY INC CL B COMMON 084670702 531 4,675 SH   SOLE   4,675 0 0
BLUCORA INC COMMON 095229100 20,116 873,619 SH   SOLE   873,619 0 0
BRF SA - ADR COMMON 10552T107 62,422 2,554,309 SH   SOLE   2,554,309 0 0
BRINKER INTERNATIONAL INC COMMON 109641100 15,287 374,590 SH   SOLE   374,590 0 0
BROOKS AUTOMATION COMMON 114340102 5,099 547,191 SH   SOLE   547,191 0 0
CABELA`S INC COMMON 126804301 11,166 177,944 SH   SOLE   177,944 0 0
CAL MAINE FOODS COMMON 128030202 7,955 165,032 SH   SOLE   165,032 0 0
CANADIAN NATL RAILWAY CO COMMON 136375102 68,870 674,946 SH   SOLE   674,946 0 0
CANADIAN PACIFIC RAILWAY COMMON 13645T100 70,148 562,420 SH   SOLE   562,420 0 0
CBL & ASSOCIATES PROPERTIES COMMON 124830100 12,391 648,762 SH   SOLE   648,762 0 0
CELESTICA COMMON 15101Q108 6,501 590,284 SH   SOLE   590,284 0 0
CELGENE CORP COMMON 151020104 1,869 12,128 SH   SOLE   12,128 0 0
CHEVRON COMMON 166764100 590 4,853 SH   SOLE   4,853 0 0
CME GROUP INC COMMON 12572Q105 1,161 15,720 SH   SOLE   15,720 0 0
CNO FINANCIAL GROUP INC COMMON 12621E103 19,466 1,344,316 SH   SOLE   1,344,316 0 0
COCA-COLA COMPANY COMMON 191216100 325 8,571 SH   SOLE   8,571 0 0
COCA-COLA ENTERPRISES COMMON 19122T109 65,711 1,629,884 SH   SOLE   1,629,884 0 0
COGNEX CORP COMMON 192422103 24,064 769,954 SH   SOLE   769,954 0 0
CORE LABORATORIES N.V. COMMON N22717107 75,834 445,047 SH   SOLE   445,047 0 0
CORPORATE EXECUTIVE BOARD CO COMMON 21988R102 15,247 210,075 SH   SOLE   210,075 0 0
COVIDIEN LTD COMMON G2554F113 65,421 1,069,883 SH   SOLE   1,069,883 0 0
COWEN GROUP COMMON 223622101 2,550 741,148 SH   SOLE   741,148 0 0
CUBIC CORP COMMON 229669106 8,401 156,668 SH   SOLE   156,668 0 0
CVB FINANCIAL COMMON 126600105 15,023 1,107,166 SH   SOLE   1,107,166 0 0
DISNEY (WALT) COMMON 254687106 364 5,643 SH   SOLE   5,643 0 0
DOUGLAS EMMETT COMMON 25960P109 8,345 355,540 SH   SOLE   355,540 0 0
EAST WEST BANCORP COMMON 27579R104 18,353 572,403 SH   SOLE   572,403 0 0
EBAY INC COMMON 278642103 1,583 28,379 SH   SOLE   28,379 0 0
EMERSON ELECTRIC COMPANY COMMON 291011104 418 6,461 SH   SOLE   6,461 0 0
FANUC CORPORATION COMMON 307305102 21,629 791,516 SH   SOLE   791,516 0 0
FOOT LOCKER INC COMMON 344849104 7,512 220,874 SH   SOLE   220,874 0 0
GATX CORP COMMON 361448103 10,663 222,989 SH   SOLE   222,989 0 0
GENERAL ELECTRIC COMPANY COMMON 369604103 482 20,174 SH   SOLE   20,174 0 0
GENERAL MILLS COMMON 370334104 361 7,535 SH   SOLE   7,535 0 0
GLACIER BANCORP COMMON 37637Q105 9,449 379,629 SH   SOLE   379,629 0 0
GLAXOSMITHKLINE PLC - SPON ADR COMMON 37733W105 321 6,395 SH   SOLE   6,395 0 0
GLOBAL INDEMNITY PLC COMMON G39319101 4,707 185,246 SH   SOLE   185,246 0 0
GOOGLE INC COMMON 38259P508 1,651 1,885 SH   SOLE   1,885 0 0
GRAN TIERRA ENERGY COMMON 38500T101 13,279 1,863,657 SH   SOLE   1,863,657 0 0
GROUP 1 AUTOMOTIVE INC COMMON 398905109 14,803 192,783 SH   SOLE   192,783 0 0
GRUPO TELEVISA SA COMMON 40049J206 232 8,313 SH   SOLE   8,313 0 0
HELEN OF TROY LTD COMMON G4388N106 10,290 232,037 SH   SOLE   232,037 0 0
HORNBECK OFFSHORE SERVICES COMMON 440543106 24,582 429,844 SH   SOLE   429,844 0 0
IMMUNOMEDICS COMMON 452907108 3,116 517,028 SH   SOLE   517,028 0 0
INDITEX-UNSPON ADR COMMON 455793109 22,164 711,715 SH   SOLE   711,715 0 0
INSIGHT ENTERPRISES COMMON 45765U103 6,326 332,460 SH   SOLE   332,460 0 0
INTEL CORP COMMON 458140100 377 16,468 SH   SOLE   16,468 0 0
ISIS PHARMACEUTICALS INC COMMON 464330109 221 5,900 SH   SOLE   5,900 0 0
JAZZ PHARMACEUTICALS PLC COMMON G50871105 322 3,500 SH   SOLE   3,500 0 0
JERONIMO MARTINS SGPS SA - ADR COMMON 476493101 11,261 279,522 SH   SOLE   279,522 0 0
JOHNSON & JOHNSON COMMON 478160104 373 4,307 SH   SOLE   4,307 0 0
KADANT INC COMMON 48282T104 5,984 177,371 SH   SOLE   177,371 0 0
LACLEDE GROUP INC COMMON 505597104 11,431 253,290 SH   SOLE   253,290 0 0
LAZARD LTD-CL A COMMON G54050102 56,717 1,571,530 SH   SOLE   1,571,530 0 0
LINDSAY CORPORATION COMMON 535555106 8,248 101,512 SH   SOLE   101,512 0 0
LVMH MOET HENNESSY-UNSP ADR COMMON 502441306 16,200 413,350 SH   SOLE   413,350 0 0
MCDONALD`S CORP COMMON 580135101 362 3,761 SH   SOLE   3,761 0 0
MEDCATH CORP COMMON 58404W109 533 296,629 SH   SOLE   296,629 0 0
MERCADOLIBRE INC COMMON 58733R102 48,732 361,277 SH   SOLE   361,277 0 0
MERITAGE HOMES CORP COMMON 59001A102 9,067 210,655 SH   SOLE   210,655 0 0
MONSANTO CO COMMON 61166W101 1,861 17,833 SH   SOLE   17,833 0 0
MONTPELIER RE HOLDINGS LTD COMMON G62185106 11,647 445,291 SH   SOLE   445,291 0 0
MOOG INC-CLASS A COMMON 615394202 6,956 118,492 SH   SOLE   118,492 0 0
NATIONAL OILWELL VARCO INC COMMON 637071101 1,935 24,767 SH   SOLE   24,767 0 0
NESTLE SA - SPONS ADR FOR REG COMMON 641069406 28,630 409,234 SH   SOLE   409,234 0 0
NEWPORT CORP COMMON 651824104 4,721 300,887 SH   SOLE   300,887 0 0
NIKE INC B COMMON 654106103 1,646 22,653 SH   SOLE   22,653 0 0
NOVO-NORDISK A/S-SPONS ADR COMMON 670100205 51,456 304,842 SH   SOLE   304,842 0 0
NOVOZYMES A/S - ADR COMMON 670108109 23,283 602,645 SH   SOLE   602,645 0 0
OFG BANCORP COMMON 67103X102 10,789 669,832 SH   SOLE   669,832 0 0
OLIN CORP COMMON 680665205 4,177 181,324 SH   SOLE   181,324 0 0
PAYCHEX INC COMMON 704326107 363 8,934 SH   SOLE   8,934 0 0
PEPSICO INC COMMON 713448108 343 4,311 SH   SOLE   4,311 0 0
PERRIGO CO COMMON 714290103 60,074 482,078 SH   SOLE   482,078 0 0
PHILIP MORRIS INTL COMMON 718172109 936 10,810 SH   SOLE   10,810 0 0
POPULAR INC COMMON 733174700 5,329 203,082 SH   SOLE   203,082 0 0
PORTLAND GENERAL ELECTRIC COMMON 736508847 5,029 177,627 SH   SOLE   177,627 0 0
PRICESMART INC COMMON 741511109 1,170 12,284 SH   SOLE   12,284 0 0
PROASSURANCE CORP COMMON 74267C106 9,880 219,266 SH   SOLE   219,266 0 0
PROCTER & GAMBLE CO COMMON 742718109 374 4,945 SH   SOLE   4,945 0 0
REDWOOD TRUST COMMON 758075402 17,647 896,256 SH   SOLE   896,256 0 0
REGAL-BELOIT COMMON 758750103 12,100 177,229 SH   SOLE   177,229 0 0
ROGERS COMMUNICATION COMMON 775109200 312 7,255 SH   SOLE   7,255 0 0
SAFETY INSURANCE GROUP INC COMMON 78648T100 7,315 137,987 SH   SOLE   137,987 0 0
SAIA COMMON 78709Y105 9,970 319,086 SH   SOLE   319,086 0 0
SENSATA TECHNOLOGIES HOLDING COMMON N7902X106 59,042 1,544,555 SH   SOLE   1,544,555 0 0
SENSIENT TECHNOLOGIES COMMON 81725T100 6,036 125,429 SH   SOLE   125,429 0 0
SGS SA - ADR COMMON 818800104 30,905 1,298,815 SH   SOLE   1,298,815 0 0
SHANDONG WEIGAO GP ADR COMMON 81941W101 14,979 3,826,852 SH   SOLE   3,826,852 0 0
SHOPRITE HOLDINGS COMMON 82510E100 13,159 388,915 SH   SOLE   388,915 0 0
SNAP-ON INC COMMON 833034101 12,480 125,036 SH   SOLE   125,036 0 0
SPECTRA ENERGY CORP COMMON 847560109 363 10,595 SH   SOLE   10,595 0 0
SUN ART RETAIL GROUP-UNS ADR COMMON 866633100 235 16,263 SH   SOLE   16,263 0 0
SUSQUEHANNA BANCSHARES COMMON 869099101 8,500 681,184 SH   SOLE   681,184 0 0
SVENSKA CELLULOSA AB-SP ADR COMMON 869587402 18,792 725,392 SH   SOLE   725,392 0 0
SYSMEX CORP UNSPON ADR COMMON 87184P109 13,449 422,678 SH   SOLE   422,678 0 0
TAIWAN SEMICONDUCTOR MFG CO. COMMON 874039100 90,324 5,293,322 SH   SOLE   5,293,322 0 0
TD AMERITRADE HOLDINGS COMMON 87236Y108 1,405 53,675 SH   SOLE   53,675 0 0
TENCENT HOLDINGS LTD-UNS ADR COMMON 88032Q109 28,547 539,938 SH   SOLE   539,938 0 0
THE ANDERSONS INC COMMON 034164103 12,931 184,231 SH   SOLE   184,231 0 0
TITAN MACHINERY COMMON 88830R101 2,538 156,768 SH   SOLE   156,768 0 0
TSINGTAO BREWERY-SPONS ADR COMMON 898529102 983 12,930 SH   SOLE   12,930 0 0
TUESDAY MORNING COMMON 899035505 14,300 944,357 SH   SOLE   944,357 0 0
UNILEVER PLC-SPONSORED ADR COMMON 904767704 338 8,770 SH   SOLE   8,770 0 0
VIROPHARMA INC COMMON 928241108 25,989 662,263 SH   SOLE   662,263 0 0
WALMART DE MEXICO-SPON ADR V COMMON 93114W107 16,282 625,385 SH   SOLE   625,385 0 0
WELLCARE HEALTH PLANS INC COMMON 94946T106 22,518 325,143 SH   SOLE   325,143 0 0
WELLS FARGO & COMPANY COMMON 949746101 388 9,391 SH   SOLE   9,391 0 0
WERNER ENTERPRISES COMMON 950755108 10,014 429,392 SH   SOLE   429,392 0 0
WESTERN REFINING COMMON 959319104 20,515 679,399 SH   SOLE   679,399 0 0
YANDEX NV-A COMMON N97284108 380 10,423 SH   SOLE   10,423 0 0
YUM! BRANDS INC COMMON 988498101 1,929 27,022 SH   SOLE   27,022 0 0