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
AGREE REALTY CORP REIT 008492100 289 7,520 SH   SOLE   3,055 0 4,465
BRANDYWINE REALTY TRUST REIT 105368203 219 15,645 SH   SOLE   5,350 0 10,295
COMMUNITY HEALTHCARE TRUST REIT 20369C106 3,196 172,860 SH   SOLE   105,370 0 67,490
DIAMONDROCK HOSPITALITY REIT 252784301 183 18,045 SH   SOLE   7,325 0 10,720
INDEPENDENCE REALTY TRUST REIT 45378A106 2,936 412,325 SH   SOLE   258,025 0 154,300
LEXINGTON REALTY TRUST REIT 529043101 311 36,124 SH   SOLE   14,409 0 21,715
LTC PROPERTIES INC REIT 502175102 332 7,340 SH   SOLE   2,825 0 4,515
MONMOUTH REIT A REIT 609720107 2,185 183,779 SH   SOLE   112,604 0 71,175
NATIONAL HEALTH INVS COM REIT 63633D104 299 4,500 SH   SOLE   1,800 0 2,700
SOTHERLY HOTELS REIT 83600C103 1,152 224,125 SH   SOLE   147,110 0 77,015
SOVRAN SELF STORAGE COM REIT 84610H108 292 2,475 SH   SOLE   1,025 0 1,450
VEREIT INC REIT 92339V100 4,227 476,510 SH   SOLE   355,510 0 121,000
WELLTOWER INC REIT 95040Q104 2,073 29,891 SH   SOLE   16,207 0 13,684
1 800 FLOWERS COM CL A COM 68243Q106 892 113,215 SH   SOLE   70,970 0 42,245
A O SMITH CORP COM 831865209 2,462 32,257 SH   SOLE   17,822 0 14,435
AARON'S INC COM 002535300 407 16,215 SH   SOLE   6,450 0 9,765
ACUITY BRANDS INC COM 00508Y102 1,791 8,211 SH   SOLE   4,221 0 3,990
ADDUS HOMECARE COM 006739106 1,203 70,000 SH   SOLE   42,335 0 27,665
ADOBE SYSTEMS INC COM 00724F101 3,205 34,172 SH   SOLE   19,742 0 14,430
AEGEAN MARINE PETROLEUM COM Y0017S102 2,165 285,985 SH   SOLE   170,175 0 115,810
ALLEGIANT TRAVEL COM 01748X102 205 1,150 SH   SOLE   500 0 650
ALLERGAN PLC COM G0177J108 3,015 11,250 SH   SOLE   6,505 0 4,745
ALLIANCE FIBER OPTIC COM 018680306 1,997 135,015 SH   SOLE   85,850 0 49,165
ALLSCRIPTS HEALTHCARE COM 01988P108 332 25,154 SH   SOLE   9,824 0 15,330
ALMOST FAMILY INC COM 020409108 2,781 74,670 SH   SOLE   46,890 0 27,780
ALPHABET INC A COM 02079K305 8,005 10,493 SH   SOLE   5,653 0 4,840
ALTRIA GROUP COM 02209S103 11,977 191,150 SH   SOLE   138,775 0 52,375
AMAZON.COM INC COM 023135106 3,265 5,500 SH   SOLE   3,170 0 2,330
AMERICAN EQUITY LIFE HOLDING COM 025676206 352 20,980 SH   SOLE   8,260 0 12,720
AMERICAN SOFTWARE A COM 029683109 2,685 298,362 SH   SOLE   187,360 0 111,002
AMERIPRISE FINANCIAL COM 03076C106 7,822 83,199 SH   SOLE   59,970 0 23,229
AMN HEALTHCARE SRVCS COM COM 001744101 214 6,355 SH   SOLE   2,300 0 4,055
AMPHENOL CORP-CL A COM 032095101 3,667 63,420 SH   SOLE   32,220 0 31,200
ANDERSONS INC COM COM 034164103 296 9,430 SH   SOLE   3,780 0 5,650
ANTHEM INC COM 036752103 9,542 68,651 SH   SOLE   51,176 0 17,475
APPLE INC COM 037833100 14,924 136,926 SH   SOLE   89,816 0 47,110
AT & T INC COM COM 00206R102 26,869 685,965 SH   SOLE   501,685 0 184,280
AVNET INC COM 053807103 4,624 104,385 SH   SOLE   77,860 0 26,525
AVX CORP COM 002444107 311 24,733 SH   SOLE   10,038 0 14,695
BANC OF CALIFORNIA COM 05990K106 3,172 181,275 SH   SOLE   108,975 0 72,300
BANK OF COMMERCE HOLDINGS COM 06424J103 1,246 196,291 SH   SOLE   121,770 0 74,521
BANNER CORP COM 06652V208 528 12,569 SH   SOLE   4,479 0 8,090
BAR HARBOR BANKSHARES COM 066849100 1,022 30,750 SH   SOLE   18,835 0 11,915
BARRETT BUSINESS SVCS INC COM 068463108 1,872 65,120 SH   SOLE   40,805 0 24,315
BERKSHIRE HILLS BANC COM 084680107 3,095 115,105 SH   SOLE   66,806 0 48,299
BERRY PLASTICS GROUP INC COM 08579W103 256 7,075 SH   SOLE   3,000 0 4,075
BIG LOTS INC COM 089302103 391 8,630 SH   SOLE   3,540 0 5,090
BLACK BOX CORP COM 091826107 1,945 144,385 SH   SOLE   88,070 0 56,315
BLACKROCK CAPITAL INVEST COM 092533108 361 38,386 SH   SOLE   14,975 0 23,411
BLOOMIN' BRANDS INC COM 094235108 459 27,195 SH   SOLE   10,870 0 16,325
BOFI HOLDING INC COM 05566U108 251 11,775 SH   SOLE   4,740 0 7,035
BRISTOL-MYERS SQUIBB CO COM 110122108 4,428 69,310 SH   SOLE   38,835 0 30,475
CAPITAL CITY BK GROUP COM 139674105 3,039 208,300 SH   SOLE   130,555 0 77,745
CAPITAL ONE FINANCIAL CORP COM 14040H105 11,635 167,867 SH   SOLE   122,962 0 44,905
CARPENTER TECHNOLOGY COM 144285103 349 10,204 SH   SOLE   4,049 0 6,155
CASEY'S GENERAL STORES INC COM 147528103 255 2,250 SH   SOLE   925 0 1,325
CECO ENVIRONMENTAL COM 125141101 2,878 463,465 SH   SOLE   267,180 0 196,285
CELADON GROUP INC COM 150838100 4,301 410,435 SH   SOLE   251,365 0 159,070
CELGENE CORP COM 151020104 3,427 34,235 SH   SOLE   18,010 0 16,225
CENTURY CASINOS INC COM 156492100 1,051 170,595 SH   SOLE   103,995 0 66,600
CENTURY COMMUNITIES INC COM 156504300 3,427 200,760 SH   SOLE   125,910 0 74,850
CF INDUSTRIES HOLDINGS INC COM 125269100 1,765 56,304 SH   SOLE   41,979 0 14,325
CHEVRON CORP COM 166764100 23,739 248,840 SH   SOLE   182,640 0 66,200
CIRRUS LOGIC INC COM 172755100 313 8,605 SH   SOLE   4,395 0 4,210
CISCO SYSTEMS COM 17275R102 20,891 733,775 SH   SOLE   535,115 0 198,660
CITIGROUP INC COM 172967424 20,483 490,621 SH   SOLE   359,511 0 131,110
COLUMBUS MCKINNON N Y COM COM 199333105 2,960 187,820 SH   SOLE   113,455 0 74,365
CONCURRENT COMPUTER COM 206710402 1,762 298,634 SH   SOLE   182,485 0 116,149
CONSOLIDATED EDISON INC COM 209115104 8,184 106,810 SH   SOLE   79,700 0 27,110
CONSTELLATION BRANDS INC-A COM 21036P108 2,090 13,830 SH   SOLE   7,300 0 6,530
CORNING INC COM 219350105 7,835 375,083 SH   SOLE   279,893 0 95,190
COSTCO CORP COM 22160K105 4,095 25,987 SH   SOLE   14,307 0 11,680
COVENANT TRANSPORTATION COM 22284P105 3,054 126,245 SH   SOLE   78,605 0 47,640
CRA INTERNATIONAL COM 12618T105 3,268 166,375 SH   SOLE   103,690 0 62,685
CROSS COUNTRY HEALTH COM 227483104 2,726 234,400 SH   SOLE   149,550 0 84,850
CSX CORP COM 126408103 7,095 275,520 SH   SOLE   205,520 0 70,000
CULP INC COM 230215105 343 13,090 SH   SOLE   7,985 0 5,105
CVS HEALTH COM 126650100 249 2,400 SH   SOLE   0 0 2,400
DANAHER CORP COM 235851102 3,000 31,630 SH   SOLE   18,240 0 13,390
DEL FRISCOS RESTAURANT COM 245077102 2,253 135,915 SH   SOLE   82,835 0 53,080
DELTA AIRLINES COM 247361702 15,683 322,164 SH   SOLE   221,144 0 101,020
DELTIC TIMBER CORP COM 247850100 349 5,805 SH   SOLE   2,360 0 3,445
DENTSPLY SIRONA INC COM 24906P109 2,883 46,777 SH   SOLE   22,651 0 24,126
DIGIRAD CORP COM 253827109 1,624 327,410 SH   SOLE   208,100 0 119,310
DIME COMMUNITY BANC COM 253922108 3,498 198,500 SH   SOLE   116,140 0 82,360
DIODES INC COM COM 254543101 301 14,995 SH   SOLE   5,950 0 9,045
DISCOVER FINL SERVICES COM 254709108 7,036 138,175 SH   SOLE   97,010 0 41,165
DOW CHEMICAL COM 260543103 7,049 138,589 SH   SOLE   103,344 0 35,245
DSW INC-CLASS A COM 23334L102 294 10,625 SH   SOLE   4,275 0 6,350
DUCOMMUN INC COM 264147109 3,457 226,720 SH   SOLE   143,330 0 83,390
EDWARDS LIFESCIENCES CORP COM 28176E108 1,231 13,955 SH   SOLE   7,655 0 6,300
ELECTRO SCIENTIFIC COM 285229100 2,057 287,717 SH   SOLE   175,240 0 112,477
ELECTRONIC ARTS INC COM 285512109 3,186 48,195 SH   SOLE   26,660 0 21,535
EMCOR GROUP INC COM 29084Q100 482 9,925 SH   SOLE   3,405 0 6,520
ENCORE WIRE CORP COM 292562105 230 5,900 SH   SOLE   2,380 0 3,520
ENERSYS COM 29275Y102 465 8,340 SH   SOLE   3,275 0 5,065
ENTEGRIS INC COM 29362U104 407 29,859 SH   SOLE   9,969 0 19,890
ESSA BANCORP INC COM 29667D104 2,293 170,010 SH   SOLE   109,175 0 60,835
ESTEE LAUDER A COM 518439104 3,081 32,666 SH   SOLE   18,641 0 14,025
ETHAN ALLEN INTERIORS COM COM 297602104 2,087 65,600 SH   SOLE   39,985 0 25,615
EURONET WORLDWIDE INC COM COM 298736109 220 2,975 SH   SOLE   1,275 0 1,700
EVOLUTION PETROLEUM COM 30049A107 1,089 224,025 SH   SOLE   142,830 0 81,195
EXACTECH, INC COM 30064E109 1,614 79,670 SH   SOLE   48,670 0 31,000
EXELON CORP COM COM 30161N101 11,440 319,025 SH   SOLE   237,975 0 81,050
EXFO INC COM 302046107 670 180,230 SH   SOLE   80,410 0 99,820
FABRINET COM G3323L100 428 13,220 SH   SOLE   5,485 0 7,735
FACEBOOK INC-A COM 30303M102 6,653 58,310 SH   SOLE   31,670 0 26,640
FEDERAL AGRIC MTG CORP CL C COM 313148306 1,902 50,415 SH   SOLE   30,475 0 19,940
FINANCIAL INSTNS INC COM 317585404 3,883 133,591 SH   SOLE   79,316 0 54,275
FIRST BANCORP INC ME COM 31866P102 1,602 82,125 SH   SOLE   52,675 0 29,450
FIRST FINANCIAL COM 320218100 3,549 103,755 SH   SOLE   65,085 0 38,670
FIRST INTERNET BANC COM 320557101 1,933 82,734 SH   SOLE   51,896 0 30,838
FIRSTENERGY CORP COM 337932107 13,906 386,610 SH   SOLE   282,065 0 104,545
FISERV INC COM 337738108 3,177 30,975 SH   SOLE   12,915 0 18,060
FOOT LOCKER INC COM 344849104 5,957 92,362 SH   SOLE   68,887 0 23,475
FORD MOTOR CO COM 345370860 1,788 132,456 SH   SOLE   77,741 0 54,715
GAIN CAPITAL HOLDINGS COM 36268W100 3,080 469,585 SH   SOLE   288,210 0 181,375
GENERAL DYNAMICS COM 369550108 14,719 112,046 SH   SOLE   81,242 0 30,804
GENERAL MOTORS CO COM 37045V100 12,629 401,800 SH   SOLE   293,035 0 108,765
GILEAD SCIENCES COM 375558103 3,400 37,010 SH   SOLE   20,020 0 16,990
GLATFELTER COM 377316104 2,413 116,395 SH   SOLE   68,240 0 48,155
GOLDMAN SACHS COM 38141G104 13,360 85,106 SH   SOLE   62,296 0 22,810
GOODYEAR TIRE & RUBBER CO COM 382550101 5,033 152,596 SH   SOLE   113,796 0 38,800
GRANITE CONSTRUCTION INC COM 387328107 329 6,875 SH   SOLE   2,740 0 4,135
GREENHILL & CO INC COM 395259104 353 15,920 SH   SOLE   6,300 0 9,620
GULF ISLAND FABRICATN COM 402307102 1,293 164,740 SH   SOLE   100,355 0 64,385
HANMI FINANCIAL CORP COM 410495204 3,374 153,244 SH   SOLE   88,348 0 64,896
HARDINGE INC COM COM 412324303 3,475 278,690 SH   SOLE   176,490 0 102,200
HARTFORD FINANCIAL SERVICES COM 416515104 10,180 220,919 SH   SOLE   164,786 0 56,133
HARVARD BIOSCIENCE INC COM COM 416906105 1,523 504,450 SH   SOLE   315,850 0 188,600
HAVERTY FURNITURE COM 419596101 3,116 147,255 SH   SOLE   92,505 0 54,750
HAYNES INTERNATIONAL COM 420877201 2,813 77,075 SH   SOLE   48,690 0 28,385
HCI GROUP INC COM 40416E103 2,707 81,280 SH   SOLE   51,650 0 29,630
HERMAN MILLER INC COM 600544100 485 15,705 SH   SOLE   6,365 0 9,340
HILL INTERNATIONAL COM 431466101 2,283 677,440 SH   SOLE   422,990 0 254,450
HMS HOLDINGS CORP COM 40425J101 370 25,780 SH   SOLE   10,655 0 15,125
HOME DEPOT INC COM 437076102 6,372 47,758 SH   SOLE   25,213 0 22,545
HOMESTREET INC COM 43785V102 3,041 146,130 SH   SOLE   89,365 0 56,765
HOMETRUST BANCSHARES COM 437872104 2,748 149,905 SH   SOLE   90,490 0 59,415
HONEYWELL INTERNATIONAL COM 438516106 3,105 27,710 SH   SOLE   15,400 0 12,310
HORIZON BANCORP IND COM COM 440407104 2,856 115,545 SH   SOLE   70,400 0 45,145
IMPAX LABORATORIES INC COM COM 45256B101 254 7,930 SH   SOLE   3,310 0 4,620
INCYTE CORP COM 45337C102 628 8,670 SH   SOLE   4,500 0 4,170
INDEPENDENT BANK MA COM 453836108 331 7,196 SH   SOLE   2,841 0 4,355
INDEPENDENT BANK MI COM 453838609 3,183 218,782 SH   SOLE   137,985 0 80,797
INTEL CORP COM 458140100 16,925 523,175 SH   SOLE   383,295 0 139,880
INTERCONTINENTAL EXCH COM 45866F104 4,860 20,669 SH   SOLE   10,887 0 9,782
ITT CORP COM 450911201 338 9,150 SH   SOLE   3,725 0 5,425
IXYS CORP COM 46600W106 3,005 267,840 SH   SOLE   166,815 0 101,025
JABIL CIRCUIT INC COM 466313103 8,632 447,940 SH   SOLE   334,195 0 113,745
JANUS CAPITAL COM 47102X105 6,533 446,574 SH   SOLE   325,114 0 121,460
JPMORGAN CHASE COM 46625H100 24,633 415,965 SH   SOLE   303,600 0 112,365
KEYCORP COM 493267108 10,422 944,036 SH   SOLE   704,324 0 239,712
KIRKLANDS INC COM COM 497498105 3,924 224,075 SH   SOLE   139,720 0 84,355
LA Z BOY INC COM 505336107 542 20,277 SH   SOLE   7,202 0 13,075
LAKELAND BANCORP INC COM COM 511637100 1,662 163,705 SH   SOLE   99,755 0 63,950
LAM RESEARCH CORP COM 512807108 8,796 106,490 SH   SOLE   79,440 0 27,050
LANDEC CORP COM 514766104 2,762 263,075 SH   SOLE   160,275 0 102,800
LEAR CORP COM 521865204 8,472 76,210 SH   SOLE   56,850 0 19,360
LHC GROUP COM 50187A107 2,275 63,975 SH   SOLE   38,395 0 25,580
LIFETIME BRANDS COM 53222Q103 1,632 108,323 SH   SOLE   66,015 0 42,308
LIONS GATE ENTERTAINMENT COM 535919203 1,674 76,635 SH   SOLE   38,990 0 37,645
LKQ CORP COM 501889208 2,293 71,820 SH   SOLE   39,520 0 32,300
LOCKHEED MARTIN CORP COM 539830109 4,785 21,603 SH   SOLE   12,565 0 9,038
LRAD CORP COM 50213V109 645 388,690 SH   SOLE   236,610 0 152,080
MAINSOURCE FINANCIAL COM 56062Y102 4,053 192,169 SH   SOLE   115,679 0 76,490
MARATHON PETROLEUM CORP COM 56585A102 6,509 175,076 SH   SOLE   127,831 0 47,245
MARINEMAX INC COM COM 567908108 5,202 267,155 SH   SOLE   161,000 0 106,155
MARTEN TRANS LTD COM 573075108 2,979 159,135 SH   SOLE   96,955 0 62,180
MATRIX SVC CO COM 576853105 207 11,673 SH   SOLE   4,648 0 7,025
MCDONALD'S CORP COM 580135101 2,530 20,130 SH   SOLE   11,630 0 8,500
MEDTRONIC PLC COM G5960L103 2,796 37,278 SH   SOLE   21,608 0 15,670
MENTOR GRAPHICS CORP COM 587200106 297 14,615 SH   SOLE   4,895 0 9,720
META FINANCIAL GROUP COM 59100U108 3,981 87,305 SH   SOLE   54,402 0 32,903
MICROCHIP TECHNOLOGY INC COM 595017104 1,148 23,810 SH   SOLE   12,910 0 10,900
MICROSOFT CORP COM 594918104 2,504 45,345 SH   SOLE   23,370 0 21,975
MIDDLEBY CORP COM COM 596278101 1,254 11,741 SH   SOLE   6,335 0 5,406
MUELLER WATER PRODUCTS A COM 624758108 109 11,000 SH   SOLE   11,000 0 0
NETFLIX INC COM 64110L106 437 4,270 SH   SOLE   2,495 0 1,775
NEW YORK AND COMPANY INC COM 649295102 920 232,371 SH   SOLE   141,630 0 90,741
NEWPARK RESOURCES INC COM 651718504 1,487 344,265 SH   SOLE   214,765 0 129,500
NIKE INC -CL B COM 654106103 2,689 43,745 SH   SOLE   24,770 0 18,975
NORFOLK SOUTHERN CORP COM 655844108 6,512 78,225 SH   SOLE   58,336 0 19,889
NORTHRIM BANCORP INC COM 666762109 1,035 43,275 SH   SOLE   26,480 0 16,795
NORTHWEST PIPE CO COM COM 667746101 1,165 126,340 SH   SOLE   76,990 0 49,350
NUVASIVE INC COM 670704105 269 5,520 SH   SOLE   1,950 0 3,570
OLD NATIONAL BANCORP COM 680033107 391 32,097 SH   SOLE   12,852 0 19,245
OLYMPIC STEEL INC COM COM 68162K106 6,001 346,665 SH   SOLE   216,930 0 129,735
ONE GAS INC COM 68235P108 273 4,475 SH   SOLE   1,780 0 2,695
ORION MARINE GROUP COM 68628V308 3,788 731,315 SH   SOLE   460,500 0 270,815
PACIFIC ETHANOL INC COM COM 69423U305 1,305 278,885 SH   SOLE   168,730 0 110,155
PALO ALTO NETWORKS INC COM 697435105 1,913 11,726 SH   SOLE   5,701 0 6,025
PAYPAL INC COM COM 70450Y103 2,638 68,345 SH   SOLE   39,645 0 28,700
PEOPLES BANCORP INC COM 709789101 3,948 202,035 SH   SOLE   121,975 0 80,060
PERRY ELLIS COM 288853104 3,248 176,405 SH   SOLE   106,525 0 69,880
PFIZER INC COM 717081103 20,419 688,908 SH   SOLE   509,458 0 179,450
PHILIP MORRIS INTERNATIONAL COM 718172109 4,269 43,510 SH   SOLE   25,210 0 18,300
PLEXUS CORP COM 729132100 302 7,640 SH   SOLE   2,940 0 4,700
PNC FINANCIAL SERVICES GROUP COM 693475105 16,253 192,185 SH   SOLE   143,315 0 48,870
PORTLAND GENERAL ELECTRIC COM 736508847 579 14,668 SH   SOLE   4,378 0 10,290
PPL CORPORATION COM 69351T106 12,233 321,325 SH   SOLE   230,975 0 90,350
PRIMERICA INC COM 74164M108 360 8,090 SH   SOLE   3,305 0 4,785
PROGENICS PHARMA INC COM 743187106 78 17,875 SH   SOLE   10,600 0 7,275
PROOFPOINT INC COM 743424103 211 3,925 SH   SOLE   1,425 0 2,500
PRUDENTIAL FINANCIAL COM 744320102 6,506 90,085 SH   SOLE   67,225 0 22,860
QLOGIC CORP COM 747277101 426 31,670 SH   SOLE   12,830 0 18,840
QUEST DIAGNOSTICS INC COM 74834L100 9,813 137,344 SH   SOLE   98,834 0 38,510
RING ENERGY INC COM 76680V108 1,921 380,320 SH   SOLE   238,100 0 142,220
RUBY TUESDAY INC COM 781182100 2,512 466,840 SH   SOLE   292,765 0 174,075
RUDOLPH TECHNOLOGIES COM 781270103 2,038 149,170 SH   SOLE   94,185 0 54,985
SAFEGUARD SCIENTIFICS COM 786449207 2,204 166,319 SH   SOLE   105,635 0 60,684
SARATOGA INVEST CORP COM 80349A208 1,520 96,938 SH   SOLE   58,280 0 38,658
SEACHANGE INTL INC COM COM 811699107 2,269 411,065 SH   SOLE   258,760 0 152,305
SI FINANCIAL GROUP COM 78425V104 1,486 106,681 SH   SOLE   65,470 0 41,211
SIERRA BANCORP COM COM 82620P102 2,106 116,050 SH   SOLE   73,535 0 42,515
SILICOM LTD COM M84116108 3,147 92,170 SH   SOLE   58,580 0 33,590
SIRIUS XM HOLDINGS COM 82968B103 143 36,275 SH   SOLE   0 0 36,275
SNAP-ON INC COM 833034101 3,726 23,735 SH   SOLE   10,840 0 12,895
SPARTAN MOTORS INC COM 846819100 2,647 670,237 SH   SOLE   422,235 0 248,002
SPOK HOLDINGS COM 84863T106 1,499 85,589 SH   SOLE   52,447 0 33,142
STARBUCKS CORP COM 855244109 3,250 54,440 SH   SOLE   28,090 0 26,350
STEIN MART INC COM 858375108 3,197 436,175 SH   SOLE   263,710 0 172,465
STERIS PLC COM G84720104 217 3,050 SH   SOLE   1,500 0 1,550
STERLING CONSTRUCTION COM 859241101 3,137 609,150 SH   SOLE   383,760 0 225,390
SUNTRUST BANKS INC COM 867914103 10,020 277,730 SH   SOLE   207,205 0 70,525
SWIFT TRANSPORTATION CO COM 87074U101 575 30,870 SH   SOLE   11,370 0 19,500
SYNAPTICS INC COM COM 87157D109 392 4,921 SH   SOLE   1,926 0 2,995
SYNERGY RESOURCES CORP COM 87164P103 244 31,365 SH   SOLE   12,855 0 18,510
SYSTEMAX INC COM COM 871851101 1,602 182,706 SH   SOLE   111,225 0 71,481
TARGET CORP COM 87612E106 12,901 156,799 SH   SOLE   114,864 0 41,935
TEMPUR SEALY INTERNATIONAL I COM 88023U101 207 3,400 SH   SOLE   0 0 3,400
TERRITORIAL BANCORP INC COM 88145X108 2,421 92,895 SH   SOLE   58,430 0 34,465
TESCO CORP COM 88157K101 1,897 220,302 SH   SOLE   133,965 0 86,337
TESSERA TECHNOLOGIES INC COM 88164L100 265 8,545 SH   SOLE   3,450 0 5,095
THE TRAVELERS CO COM 89417E109 20,576 176,296 SH   SOLE   128,288 0 48,008
TJX COMPANIES INC COM 872540109 3,597 45,905 SH   SOLE   25,360 0 20,545
TOWNE BANK COM 89214P109 383 19,965 SH   SOLE   7,975 0 11,990
TRACTOR SUPPLY COMPANY COM 892356106 2,746 30,352 SH   SOLE   16,242 0 14,110
TRAVELCENTERS OF AMERICA COM 894174101 1,572 232,195 SH   SOLE   145,025 0 87,170
TRI POINTE GROUP COM 87265H109 448 38,010 SH   SOLE   14,990 0 23,020
TYSON FOODS A COM 902494103 10,970 164,565 SH   SOLE   119,455 0 45,110
ULTA SALON COM 90384S303 2,599 13,415 SH   SOLE   6,620 0 6,795
UNITED CMNTY FINL OHIO COM COM 909839102 3,277 558,265 SH   SOLE   339,655 0 218,610
UNITED HEALTH GROUP COM 91324P102 4,143 32,145 SH   SOLE   18,220 0 13,925
UNITED INSURANCE HOLDINGS COM 910710102 3,125 162,690 SH   SOLE   95,670 0 67,020
UNITED TECHNOLOGIES CORP COM 913017109 12,942 129,295 SH   SOLE   96,470 0 32,825
UNIVERSAL STAINLESS COM 913837100 2,665 261,550 SH   SOLE   159,275 0 102,275
UNUM GROUP COM 91529Y106 11,809 381,924 SH   SOLE   279,524 0 102,400
VAIL RESORTS INC COM 91879Q109 321 2,400 SH   SOLE   850 0 1,550
VALERO ENERGY CORP COM 91913Y100 5,607 87,424 SH   SOLE   65,199 0 22,225
VALSPAR CORP COM 920355104 2,908 27,168 SH   SOLE   13,623 0 13,545
VERIZON COMM INC COM 92343V104 13,814 255,439 SH   SOLE   189,484 0 65,955
VERTEX PHARMACEUTICALS INC COM 92532F100 683 8,590 SH   SOLE   4,490 0 4,100
VISA INC A COM 92826C839 6,255 81,785 SH   SOLE   42,730 0 39,055
WASHINGTON TRUST BANCORP COM 940610108 2,721 72,912 SH   SOLE   44,648 0 28,264
WAYSIDE TECHNOLOGY GROUP COM 946760105 1,287 75,291 SH   SOLE   45,975 0 29,316
WCI COMMUNITIES INC COM 92923C807 3,793 204,155 SH   SOLE   123,615 0 80,540
WEST MARINE INC COM COM 954235107 1,776 195,425 SH   SOLE   118,845 0 76,580
WESTERN ALLIANCE BANCORP COM 957638109 219 6,575 SH   SOLE   2,100 0 4,475
WHIRLPOOL CORP COM 963320106 5,828 32,318 SH   SOLE   24,093 0 8,225
WHITEWAVE FOODS CO - A COM 966244105 2,313 56,915 SH   SOLE   29,265 0 27,650
XCERRA CORP COM 98400J108 2,159 331,130 SH   SOLE   207,155 0 123,975
BP PLC ADR ADR 055622104 6,818 225,910 SH   SOLE   168,575 0 57,335
ROYAL DUTCH SHELL PLC ADR ADR 780259107 8,739 177,657 SH   SOLE   129,257 0 48,400
SANOFI-AVENTIS SAADR ADR 80105N105 4,083 101,656 SH   SOLE   75,866 0 25,790
TEVA PHARMA ADR ADR 881624209 12,246 228,857 SH   SOLE   166,327 0 62,530