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 CO COMMON 88579Y101 6,377 59,993 SH   SOLE 1 59,993 0 0
ABBOTT LABORATORIES COMMON 002824100 0 3 SH   SOLE 1 3 0 0
ABBVIE INC COM COMMON 00287Y109 0 3 SH   SOLE 1 3 0 0
ABERCROMBIE & FITCH CO-CL A COMMON 002896207 0 11 SH   SOLE 1 11 0 0
ABIOMED INC COMMON 003654100 419 22,461 SH   SOLE 1 22,461 0 0
ACCENTURE PLC COMMON G1151C101 8,107 106,719 SH   SOLE 1 106,719 0 0
ACE LTD COMMON H0023R105 4,069 45,744 SH   SOLE 1 45,744 0 0
ACTAVIS INC COM COMMON 00507K103 2,227 24,185 SH   SOLE 1 24,185 0 0
ADOBE SYS INCORP COMMON 00724F101 2 64 SH   SOLE 1 64 0 0
ADVANCE AUTO PARTS COMMON 00751Y106 3,610 43,685 SH   SOLE 1 43,685 0 0
ADVANCED ENERGY INDUSTRIES COMMON 007973100 400 21,881 SH   SOLE 1 21,881 0 0
ADVANCED MICRO DEVICES INC. COMMON 007903107 0 76 SH   SOLE 1 76 0 0
AEGION CORP COMMON 00770F104 320 13,827 SH   SOLE 1 13,827 0 0
AES CORP. COMMON 00130H105 1 83 SH   SOLE 1 83 0 0
AETNA INC NEW COMMON 00817Y108 1,908 37,335 SH   SOLE 1 37,335 0 0
AFLAC CORP. COMMON 001055102 3 60 SH   SOLE 1 60 0 0
AGCO CORP COMMON 001084102 2,266 43,494 SH   SOLE 1 43,494 0 0
AGILENT TECHNOLOGIES INC COMMON 00846U101 1 45 SH   SOLE 1 45 0 0
AGL RESOURCES INC COMMON 001204106 0 15 SH   SOLE 1 15 0 0
AIR PRODUCTS & CHEMICALS INC. COMMON 009158106 2 27 SH   SOLE 1 27 0 0
AIRGAS INC. COMMON 009363102 0 9 SH   SOLE 1 9 0 0
AKAMAI TECHNOLOGIES COMMON 00971T101 4,306 121,936 SH   SOLE 1 121,936 0 0
ALCOA INC COMMON 013817101 6 715 SH   SOLE 1 715 0 0
ALERE INC COMMON 01449J105 4,752 186,157 SH   SOLE 1 186,157 0 0
ALEXION PHARMACEUTICALS INC COMMON 015351109 2 25 SH   SOLE 1 25 0 0
ALIGN TECHNOLOGY INC COMMON 016255101 368 10,999 SH   SOLE 1 10,999 0 0
ALLEGHENY TECHNOLOGIES INC COMMON 01741R102 0 14 SH   SOLE 1 14 0 0
ALLERGAN INC COMMON 018490102 3,427 30,700 SH   SOLE 1 30,700 0 0
ALLSTATE CORP. COMMON 020002101 1,703 34,714 SH   SOLE 1 34,714 0 0
ALPHA NATURAL RESOURCES INC COMMON 02076X102 0 28 SH   SOLE 1 28 0 0
ALTERA CORPORATION COMMON 021441100 1 42 SH   SOLE 1 42 0 0
ALTRIA GROUP INC COMMON 02209S103 38 1,115 SH   SOLE 1 1,115 0 0
AMAG PHARMACEUTICALS INC COMMON 00163U106 464 19,456 SH   SOLE 1 19,456 0 0
AMAZON.COM INC COMMON 023135106 12 47 SH   SOLE 1 47 0 0
AMDOCS LTD COMMON G02602103 1,198 33,063 SH   SOLE 1 33,063 0 0
AMEDISYS INC COMMON 023436108 594 53,460 SH   SOLE 1 53,460 0 0
AMEREN CORP COMMON 023608102 1 31 SH   SOLE 1 31 0 0
AMERICAN AXLE & MANUFACTURING COMMON 024061103 7,901 578,845 SH   SOLE 1 578,845 0 0
AMERICAN ELECTRIC POWER CO. COMMON 025537101 997 20,517 SH   SOLE 1 20,517 0 0
AMERICAN EQUITY INVT LIFE COMMON 025676206 6,069 407,594 SH   SOLE 1 407,594 0 0
AMERICAN EXPRESS CO. COMMON 025816109 4,818 71,424 SH   SOLE 1 71,424 0 0
AMERICAN INTERNATIONAL GROUP COMMON 026874784 5 151 SH   SOLE 1 151 0 0
AMERICAN STATES WATER CO COMMON 029899101 3,298 57,296 SH   SOLE 1 57,296 0 0
AMERICAN TOWER CORP COMMON 03027X100 3 51 SH   SOLE 1 51 0 0
AMERIPRISE FINANCIAL INC COMMON 03076C106 2 28 SH   SOLE 1 28 0 0
AMERISOURCEBERGEN CORP COMMON 03073E105 2,562 49,800 SH   SOLE 1 49,800 0 0
AMETEK INC COMMON 031100100 646 14,920 SH   SOLE 1 14,920 0 0
AMGEN COMMON 031162100 6,013 58,663 SH   SOLE 1 58,663 0 0
AMPHENOL CORP-CL A COMMON 032095101 2,932 39,286 SH   SOLE 1 39,286 0 0
AMTRUST FINANCIAL SERVICES COMMON 032359309 4,432 127,929 SH   SOLE 1 127,929 0 0
ANADARKO PETROLEUM CORP. COMMON 032511107 5 65 SH   SOLE 1 65 0 0
ANALOG DEVICES INC. COMMON 032654105 1 39 SH   SOLE 1 39 0 0
ANIXTER INTERNATIONAL INC COMMON 035290105 346 4,949 SH   SOLE 1 4,949 0 0
ANN INC COMMON 035623107 282 9,727 SH   SOLE 1 9,727 0 0
WELLPOINT INC. COMMON 036752103 2,442 36,877 SH   SOLE 1 36,877 0 0
AON PLC COMMON G0408V102 2 42 SH   SOLE 1 42 0 0
APACHE CORP COMMON 037411105 3 50 SH   SOLE 1 50 0 0
APARTMENT INVT & MGMT CO-A COMMON 03748R101 3,105 101,288 SH   SOLE 1 101,288 0 0
APOLLO GROUP INC-CL A COMMON 037604105 0 13 SH   SOLE 1 13 0 0
APPLE INC. COMMON 037833100 7,229 16,331 SH   SOLE 1 16,331 0 0
APPLIED MATERIALS INC COMMON 038222105 2 166 SH   SOLE 1 166 0 0
ARCHER DANIELS MIDLAND CO. COMMON 039483102 2 85 SH   SOLE 1 85 0 0
ARCTIC CAT INC COMMON 039670104 7,871 180,133 SH   SOLE 1 180,133 0 0
ARRIS GROUP INC COMMON 04270V106 334 19,501 SH   SOLE 1 19,501 0 0
ASHFORD HOSPITALITY TRUST COMMON 044103109 3,715 300,604 SH   SOLE 1 300,604 0 0
ASSURANT INC COMMON 04621X108 0 10 SH   SOLE 1 10 0 0
ASTRAZENECA PLC SPONSORED ADR ADR 046353108 2,825 56,530 SH   SOLE 1 56,530 0 0
AT&T INC COMMON 00206R102 1,631 44,462 SH   SOLE 1 44,462 0 0
ATLANTIC TELE NETWORK INC COMMON 049079205 195 4,038 SH   SOLE 1 4,038 0 0
ATWOOD OCEANICS INC COMMON 050095108 5,862 111,579 SH   SOLE 1 111,579 0 0
AUTODESK INC COMMON 052769106 1,720 41,720 SH   SOLE 1 41,720 0 0
AUTOMATIC DATA PROCESSING INC COMMON 053015103 4 63 SH   SOLE 1 63 0 0
AUTONATION INC COMMON 05329W102 0 5 SH   SOLE 1 5 0 0
AUTOZONE INC COMMON 053332102 1 3 SH   SOLE 1 3 0 0
AVAGO TECHNOLOGIES LTD COMMON Y0486S104 2,406 67,020 SH   SOLE 1 67,020 0 0
AVALONBAY COMMUNITIES INC COMMON 053484101 1 12 SH   SOLE 1 12 0 0
AVERY DENNISON CORP. COMMON 053611109 242 5,633 SH   SOLE 1 5,633 0 0
AVIS BUDGET GROUP INC COMMON 053774105 10 377 SH   SOLE 1 377 0 0
AVNET INC. COMMON 053807103 1,891 52,246 SH   SOLE 1 52,246 0 0
AVON PRODUCTS INC. COMMON 054303102 1 56 SH   SOLE 1 56 0 0
AXIALL CORPORATION COMMON 05463D100 182 2,932 SH   SOLE 1 2,932 0 0
AZZ INCORPORATED COMMON 002474104 4,700 97,524 SH   SOLE 1 97,524 0 0
B/E AEROSPACE INC COMMON 073302101 1,759 29,195 SH   SOLE 1 29,195 0 0
BAKER HUGHES INC. COMMON 057224107 2 57 SH   SOLE 1 57 0 0
BALL CORP. COMMON 058498106 0 20 SH   SOLE 1 20 0 0
BANCO BILBAO VIZCAYA SP ADR ADR 05946K101 27 3,129 SH   SOLE 1 3,129 0 0
BANK OF AMERICA CORP COMMON 060505104 3,158 259,282 SH   SOLE 1 259,282 0 0
BANK OF NEW YORK MELLON CORP COMMON 064058100 4 154 SH   SOLE 1 154 0 0
BARNES GROUP INC COMMON 067806109 0 20 SH   SOLE 1 20 0 0
BAXTER INTL. INC. COMMON 071813109 3,193 43,966 SH   SOLE 1 43,966 0 0
BB&T CORP COMMON 054937107 249 7,950 SH   SOLE 1 7,950 0 0
BEACON ROOFING SUPPLY INC COMMON 073685109 292 7,560 SH   SOLE 1 7,560 0 0
BEAM INC COMMON 073730103 1 20 SH   SOLE 1 20 0 0
BECTON DICKINSON & CO. COMMON 075887109 2 26 SH   SOLE 1 26 0 0
BED BATH & BEYOND INC COMMON 075896100 3,871 60,095 SH   SOLE 1 60,095 0 0
BELO CORP COMMON 080555105 4,834 491,785 SH   SOLE 1 491,785 0 0
BEMIS INC COM COMMON 081437105 0 13 SH   SOLE 1 13 0 0
BERKSHIRE HATHAWAY INC-CL B COMMON 084670702 23 227 SH   SOLE 1 227 0 0
BERKSHIRE HILLS BANCORP INC COMMON 084680107 2,153 84,330 SH   SOLE 1 84,330 0 0
BEST BUY CO. INC. COMMON 086516101 0 36 SH   SOLE 1 36 0 0
BIG LOTS INC COMMON 089302103 0 8 SH   SOLE 1 8 0 0
BIO-REFERENCE LABS INC COMMON 09057G602 4,274 164,534 SH   SOLE 1 164,534 0 0
BIOGEN IDEC INC COMMON 09062X103 5 31 SH   SOLE 1 31 0 0
BLACKROCK INC COMMON 09247X101 3,204 12,475 SH   SOLE 1 12,475 0 0
BLUCORA INC COM COMMON 095229100 4,213 272,207 SH   SOLE 1 272,207 0 0
BMC SOFTWARE COMMON 055921100 0 21 SH   SOLE 1 21 0 0
BOEING CO. COMMON 097023105 2,611 30,418 SH   SOLE 1 30,418 0 0
BORG WARNER AUTOMOTIVE COMMON 099724106 1 15 SH   SOLE 1 15 0 0
BOSTON PRIVATE FINL HOLDING COMMON 101119105 316 32,021 SH   SOLE 1 32,021 0 0
BOSTON PROPERTIES INC COMMON 101121101 1 19 SH   SOLE 1 19 0 0
BOSTON SCIENTIFIC COMMON 101137107 1 185 SH   SOLE 1 185 0 0
BRANDYWINE REALTY TRUST COMMON 105368203 5,346 360,000 SH   SOLE 1 360,000 0 0
BRINKER INTL. INC. COMMON 109641100 2,365 62,825 SH   SOLE 1 62,825 0 0
BRISTOL MYERS SQUIBB CO. COMMON 110122108 4,243 103,033 SH   SOLE 1 103,033 0 0
BROADCOM CORP - CL A COMMON 111320107 591 17,047 SH   SOLE 1 17,047 0 0
BROWN-FORMAN CORP -CL B COMMON 115637209 1 19 SH   SOLE 1 19 0 0
BUFFALO WILD WINGS INC COMMON 119848109 4,946 56,506 SH   SOLE 1 56,506 0 0
C R BARD INC. COMMON 067383109 3,049 30,261 SH   SOLE 1 30,261 0 0
CA INC COMMON 12673P105 1,575 62,585 SH   SOLE 1 62,585 0 0
CABELA'S INC CL A COMMON 126804301 208 3,430 SH   SOLE 1 3,430 0 0
CABLEVISION SYSTEMS -CL A COMMON 12686C109 0 28 SH   SOLE 1 28 0 0
CABOT OIL & GAS CORP. CLASS A COMMON 127097103 1 27 SH   SOLE 1 27 0 0
CAMERON INTERNATIONAL CORP COMMON 13342B105 3,121 47,880 SH   SOLE 1 47,880 0 0
CAMPBELL SOUP CO. COMMON 134429109 1 23 SH   SOLE 1 23 0 0
CAPELLA EDUCATION CO COMMON 139594105 360 11,580 SH   SOLE 1 11,580 0 0
CAPITAL LEASE FUNDING INC COMMON 140288101 87 13,780 SH   SOLE 1 13,780 0 0
CAPITAL ONE FINL CORP. COMMON 14040H105 4 75 SH   SOLE 1 75 0 0
CARDINAL HEALTH INC. COMMON 14149Y108 1,414 33,995 SH   SOLE 1 33,995 0 0
CARDTRONICS INC COMMON 14161H108 6,553 238,648 SH   SOLE 1 238,648 0 0
CAREFUSION CORP COMMON 14170T101 216 6,184 SH   SOLE 1 6,184 0 0
CARMAX INC COMMON 143130102 1 29 SH   SOLE 1 29 0 0
CARNIVAL CORP COMMON 143658300 2 59 SH   SOLE 1 59 0 0
CATERPILLAR INC. COMMON 149123101 7 84 SH   SOLE 1 84 0 0
CBL & ASSOC PROPERTIES COMMON 124830100 689 29,220 SH   SOLE 1 29,220 0 0
CBRE GROUP INC COMMON 12504L109 1 42 SH   SOLE 1 42 0 0
CBS CORP CL B COMMON 124857202 19 425 SH   SOLE 1 425 0 0
CELANESE CORP - SERIES A COMMON 150870103 544 12,363 SH   SOLE 1 12,363 0 0
CELGENE CORP COMMON 151020104 1,844 15,917 SH   SOLE 1 15,917 0 0
CENTENE CORP COMMON 15135B101 5,128 116,455 SH   SOLE 1 116,455 0 0
CENTERPOINT ENERGY INC COMMON 15189T107 1 55 SH   SOLE 1 55 0 0
CENTURYTEL INC COMMON 156700106 43 1,250 SH   SOLE 1 1,250 0 0
CERNER CORP COMMON 156782104 1 19 SH   SOLE 1 19 0 0
CF INDUSTRIES HOLDINGS INC COMMON 125269100 2,900 15,234 SH   SOLE 1 15,234 0 0
CH ROBINSON WORLDWIDE INC COMMON 12541W209 1 21 SH   SOLE 1 21 0 0
CHARLES SCHWAB CORP. COMMON 808513105 2 140 SH   SOLE 1 140 0 0
CHEMICAL FINANCIAL CORP COMMON 163731102 2,829 107,276 SH   SOLE 1 107,276 0 0
CHESAPEAKE ENERGY CORP COMMON 165167107 1 86 SH   SOLE 1 86 0 0
CHESAPEAKE LODGING TR SH BEN COMMON 165240102 4,546 198,204 SH   SOLE 1 198,204 0 0
CHEVRON CORP COMMON 166764100 10,987 92,470 SH   SOLE 1 92,470 0 0
CHICAGO BRIDGE & IRON - NV SH COMMON 167250109 3,862 62,193 SH   SOLE 1 62,193 0 0
CHIPOTLE MEXICAN GRILL-CL A COMMON 169656105 1 4 SH   SOLE 1 4 0 0
CHUBB CORP. COMMON 171232101 1,700 19,425 SH   SOLE 1 19,425 0 0
CIGNA CORP. COMMON 125509109 1,400 22,447 SH   SOLE 1 22,447 0 0
CINCINNATI FINANCIAL CORP COMMON 172062101 0 21 SH   SOLE 1 21 0 0
CINEMARK HOLDINGS INC COMMON 17243V102 6,730 228,608 SH   SOLE 1 228,608 0 0
CINTAS CORP COMMON 172908105 0 14 SH   SOLE 1 14 0 0
CISCO SYSTEMS COMMON 17275R102 2,268 108,583 SH   SOLE 1 108,583 0 0
CIT GROUP INC COMMON 125581801 1,526 35,115 SH   SOLE 1 35,115 0 0
CITIGROUP INC COMMON 172967424 1,394 31,521 SH   SOLE 1 31,521 0 0
CITRIX SYSTEMS INC COMMON 177376100 1 24 SH   SOLE 1 24 0 0
CLEARWATER PAPER CORP COMMON 18538R103 370 7,031 SH   SOLE 1 7,031 0 0
CLIFFS NATURAL RESOURCES INC COMMON 18683K101 0 18 SH   SOLE 1 18 0 0
CLOROX CO. COMMON 189054109 1 17 SH   SOLE 1 17 0 0
CME GROUP INC. COMMON 12572Q105 2 43 SH   SOLE 1 43 0 0
CMS ENERGY CORP COMMON 125896100 0 34 SH   SOLE 1 34 0 0
CNO FINANCIAL GROUP INC COMMON 12621E103 4,934 430,955 SH   SOLE 1 430,955 0 0
COACH INC COMMON 189754104 1 37 SH   SOLE 1 37 0 0
COCA COLA CO. COMMON 191216100 4,496 111,193 SH   SOLE 1 111,193 0 0
COCA-COLA ENTERPRISES COMMON 19122T109 2,346 63,567 SH   SOLE 1 63,567 0 0
COGNIZANT TECH SOLUTIONS CRP COMMON 192446102 5,916 77,216 SH   SOLE 1 77,216 0 0
COLGATE PALMOLIVE CO. COMMON 194162103 2,671 22,637 SH   SOLE 1 22,637 0 0
COMCAST CORP-CL A COMMON 20030N101 6,250 148,888 SH   SOLE 1 148,888 0 0
COMCAST CORP-SPECIAL CL A COMMON 20030N200 83 2,103 SH   SOLE 1 2,103 0 0
COMERICA INC. COMMON 200340107 1,582 44,013 SH   SOLE 1 44,013 0 0
COMMERCE BANCSHARES INC. COMMON 200525103 1,959 48,000 SH   SOLE 1 48,000 0 0
COMMUNITY TRUST BANCORP INC COMMON 204149108 2,127 62,530 SH   SOLE 1 62,530 0 0
COMPUTER SCIENCES CORP. COMMON 205363104 0 20 SH   SOLE 1 20 0 0
COMPUTER TASK GROUP INC COMMON 205477102 314 14,716 SH   SOLE 1 14,716 0 0
CONAGRA INC. COMMON 205887102 4,482 125,188 SH   SOLE 1 125,188 0 0
CONOCOPHILLIPS COMMON 20825C104 9 163 SH   SOLE 1 163 0 0
CONSOL ENERGY INC COMMON 20854P109 0 29 SH   SOLE 1 29 0 0
CONSOLIDATED EDISON INC COMMON 209115104 2 38 SH   SOLE 1 38 0 0
CONSTELLATION BRANDS INC A COMMON 21036P108 409 8,602 SH   SOLE 1 8,602 0 0
COOPER TIRE & RUBBER COMMON 216831107 342 13,356 SH   SOLE 1 13,356 0 0
CORESITE REALTY CORP COMMON 21870Q105 363 10,398 SH   SOLE 1 10,398 0 0
CORNING INC. COMMON 219350105 355 26,636 SH   SOLE 1 26,636 0 0
COSTCO WHOLESALE CORP COMMON 22160K105 2,404 22,660 SH   SOLE 1 22,660 0 0
COVENTRY HEALTH CARE INC COMMON 222862104 0 17 SH   SOLE 1 17 0 0
COVIDIEN PLC COMMON G2554F113 1,699 25,052 SH   SOLE 1 25,052 0 0
CRANE CO COMMON 224399105 3,957 70,849 SH   SOLE 1 70,849 0 0
CROCS INC COMMON 227046109 310 20,970 SH   SOLE 1 20,970 0 0
CROWN CASTLE INTL CORP COMMON 228227104 2 33 SH   SOLE 1 33 0 0
CSG SYSTEMS INTL INC COMMON 126349109 311 14,711 SH   SOLE 1 14,711 0 0
CSX CORP. COMMON 126408103 3 134 SH   SOLE 1 134 0 0
CUMMINS INC COMMON 231021106 2 25 SH   SOLE 1 25 0 0
CVR ENERGY INC COMMON 12662P108 429 8,312 SH   SOLE 1 8,312 0 0
CVS CORP COMMON 126650100 4,846 88,133 SH   SOLE 1 88,133 0 0
CYBERONICS INC COMMON 23251P102 3,530 75,438 SH   SOLE 1 75,438 0 0
DANAHER CORP COMMON 235851102 4 74 SH   SOLE 1 74 0 0
DARDEN RESTAURANTS INC. COMMON 237194105 0 17 SH   SOLE 1 17 0 0
DAVITA HEALTHCARE PARTNERS IN COMMON 23918K108 1 12 SH   SOLE 1 12 0 0
DELPHI AUTOMOTIVE PLC COMMON G27823106 4,167 93,872 SH   SOLE 1 93,872 0 0
DENBURY RESOURCES INC COMMON 247916208 740 39,682 SH   SOLE 1 39,682 0 0
DEVRY INC COMMON 251893103 506 15,940 SH   SOLE 1 15,940 0 0
DIAMOND OFFSHORE DRILLING COMMON 25271C102 155 2,240 SH   SOLE 1 2,240 0 0
DICE HOLDINGS INC COMMON 253017107 351 34,684 SH   SOLE 1 34,684 0 0
DILLARDS INC CL A COMMON 254067101 337 4,301 SH   SOLE 1 4,301 0 0
DISCOVER FINANCIAL SERVICES COMMON 254709108 4,082 91,057 SH   SOLE 1 91,057 0 0
DOLLAR GENERAL CORP COMMON 256677105 484 9,585 SH   SOLE 1 9,585 0 0
DOLLAR TREE INC COMMON 256746108 3,414 70,505 SH   SOLE 1 70,505 0 0
DOMTAR CORP COMMON 257559203 616 7,942 SH   SOLE 1 7,942 0 0
D.R. HORTON INC COMMON 23331A109 0 36 SH   SOLE 1 36 0 0
DSW INC CLASS A COMMON 23334L102 5,124 80,314 SH   SOLE 1 80,314 0 0
DTE ENERGY CO COMMON 233331107 597 8,740 SH   SOLE 1 8,740 0 0
E I DU PONT DE NEMOURS & CO. COMMON 263534109 22 450 SH   SOLE 1 450 0 0
DUPONT FABROS TECHNOLOGY INC COMMON 26613Q106 311 12,836 SH   SOLE 1 12,836 0 0
DYCOM INDUSTRIES INC COMMON 267475101 297 15,091 SH   SOLE 1 15,091 0 0
EAST WEST BANCORP INC COMMON 27579R104 1,951 76,020 SH   SOLE 1 76,020 0 0
EASTMAN CHEMICAL CO. COMMON 277432100 4,824 69,045 SH   SOLE 1 69,045 0 0
EATON CORP PLC ORDINARY COMMON G29183103 0 16 SH   SOLE 1 16 0 0
EATON VANCE CORP COMMON 278265103 3,841 91,829 SH   SOLE 1 91,829 0 0
EBAY INC COMMON 278642103 5,419 99,950 SH   SOLE 1 99,950 0 0
EDISON INTERNATIONAL COMMON 281020107 1,670 33,201 SH   SOLE 1 33,201 0 0
ELECTR FOR IMAGING CORP. COMMON 286082102 5,688 224,295 SH   SOLE 1 224,295 0 0
EMC CORP COMMON 268648102 2,559 107,138 SH   SOLE 1 107,138 0 0
EMCOR GROUP INC. COMMON 29084Q100 1,124 26,520 SH   SOLE 1 26,520 0 0
EMPLOYERS HOLDINGS INC COMMON 292218104 351 15,005 SH   SOLE 1 15,005 0 0
ENERSYS COMMON 29275Y102 7,384 162,009 SH   SOLE 1 162,009 0 0
ENSCO PLC SHS CLASS A COMMON G3157S106 1,306 21,769 SH   SOLE 1 21,769 0 0
ENTEGRIS INC COMMON 29362U104 4,123 418,207 SH   SOLE 1 418,207 0 0
ENTROPIC COMMUNICATIONS INC COMMON 29384R105 263 64,755 SH   SOLE 1 64,755 0 0
EPL OIL & GAS INC COMMON 26883D108 5,136 191,607 SH   SOLE 1 191,607 0 0
EPR PROPERTIES COMMON 26884U109 342 6,579 SH   SOLE 1 6,579 0 0
EQUIFAX INC COMMON 294429105 2,568 44,600 SH   SOLE 1 44,600 0 0
COMMONWEALTH REIT COMMON 294628102 345 15,380 SH   SOLE 1 15,380 0 0
EURONET WORLDWIDE INC COMMON 298736109 113 4,321 SH   SOLE 1 4,321 0 0
EXELIS INC COMMON 30162A108 383 35,180 SH   SOLE 1 35,180 0 0
EXELON CORPORATION COMMON 30161N101 143 4,160 SH   SOLE 1 4,160 0 0
EXPEDIA INC COMMON 30212P303 495 8,254 SH   SOLE 1 8,254 0 0
EXXON MOBIL CORPORATION COMMON 30231G102 8,333 92,481 SH   SOLE 1 92,481 0 0
FAIR ISAAC & CO INC COMMON 303250104 216 4,749 SH   SOLE 1 4,749 0 0
FEDERATED INVESTORS INC CL B COMMON 314211103 2,350 99,292 SH   SOLE 1 99,292 0 0
FIDELITY NATIONAL INFORMATION COMMON 31620M106 2,029 51,230 SH   SOLE 1 51,230 0 0
FIDELITY NATIONAL TITLE CL A COMMON 31620R105 648 25,720 SH   SOLE 1 25,720 0 0
FIFTH THIRD BANK COMMON 316773100 2,418 148,272 SH   SOLE 1 148,272 0 0
FINISAR CORPATION COMMON 31787A507 3,408 258,439 SH   SOLE 1 258,439 0 0
FIRST AMERICAN FINANCIAL CORP COMMON 31847R102 624 24,420 SH   SOLE 1 24,420 0 0
FIRST COMMONWEALTH FINANCIAL COMMON 319829107 314 42,114 SH   SOLE 1 42,114 0 0
FIRST FINANCIAL BANCORP COMMON 320209109 5,087 316,954 SH   SOLE 1 316,954 0 0
FIRST REP BK SAN FRAN CALI NE COMMON 33616C100 1,370 35,485 SH   SOLE 1 35,485 0 0
FIRSTMERIT CORPORATION COMMON 337915102 5,937 358,972 SH   SOLE 1 358,972 0 0
FLUOR CORP (NEW) COMMON 343412102 3,642 54,918 SH   SOLE 1 54,918 0 0
FLUSHING FINANCIAL CORP COMMON 343873105 3,911 230,903 SH   SOLE 1 230,903 0 0
FOOT LOCKER INC COMMON 344849104 267 7,800 SH   SOLE 1 7,800 0 0
FORD MOTOR COMPANY COMMON 345370860 745 56,720 SH   SOLE 1 56,720 0 0
FRANKLIN RESOURCES INC. COMMON 354613101 3,697 24,520 SH   SOLE 1 24,520 0 0
G-III APPAREL GROUP LTD COMMON 36237H101 141 3,520 SH   SOLE 1 3,520 0 0
GALLAGHER ARTHUR J & CO COM COMMON 363576109 38 925 SH   SOLE 1 925 0 0
GANNETT CO. INC. COMMON 364730101 2,405 109,972 SH   SOLE 1 109,972 0 0
GARDNER DENVER INC COMMON 365558105 167 2,235 SH   SOLE 1 2,235 0 0
GENERAL MILLS INC. COMMON 370334104 2,521 51,130 SH   SOLE 1 51,130 0 0
GENERAL MOTORS CO COMMON 37045V100 240 8,660 SH   SOLE 1 8,660 0 0
GENWORTH FINANCIAL INC-CL A COMMON 37247D106 2,153 215,337 SH   SOLE 1 215,337 0 0
GEO GROUP INC/THE COMMON 36159R103 367 9,777 SH   SOLE 1 9,777 0 0
GLOBAL CASH ACCESS HOLDINGS COMMON 378967103 298 42,358 SH   SOLE 1 42,358 0 0
GLOBECOMM SYSTEMS INC COMMON 37956X103 315 26,265 SH   SOLE 1 26,265 0 0
GOLDMAN SACHS GROUP INC COMMON 38141G104 3,062 20,813 SH   SOLE 1 20,813 0 0
GOVERNMENT PROPERTIES INCOME COMMON 38376A103 310 12,067 SH   SOLE 1 12,067 0 0
W W GRAINGER INC COMMON 384802104 3,729 16,575 SH   SOLE 1 16,575 0 0
GRAND CANYON EDUCATION INC COMMON 38526M106 306 12,056 SH   SOLE 1 12,056 0 0
GRAPHIC PACKAGING HLDG CO COM COMMON 388689101 3,744 499,955 SH   SOLE 1 499,955 0 0
GREEN DOT CORP-CLASS A COMMON 39304D102 440 26,365 SH   SOLE 1 26,365 0 0
GREENHILL & CO INC COMMON 395259104 327 6,138 SH   SOLE 1 6,138 0 0
GULFPORT ENERGY CORP COMMON 402635304 3,554 77,555 SH   SOLE 1 77,555 0 0
HAIN CELESTIAL GROUP INC COMMON 405217100 275 4,512 SH   SOLE 1 4,512 0 0
HALLIBURTON CO. COMMON 406216101 4,459 110,357 SH   SOLE 1 110,357 0 0
HANGER ORTHOPEDIC GROUP COMMON 41043F208 6,131 194,475 SH   SOLE 1 194,475 0 0
HANMI FINANCIAL CORPORATION COMMON 410495204 348 21,784 SH   SOLE 1 21,784 0 0
HARMONIC LIGHTWAVES COMMON 413160102 3,226 557,323 SH   SOLE 1 557,323 0 0
HEALTH NET INC COMMON 42222G108 161 5,660 SH   SOLE 1 5,660 0 0
HEARTLAND PAYMENT SYSTEMS IN COMMON 42235N108 1,021 30,987 SH   SOLE 1 30,987 0 0
HELMERICH & PAYNE INC. COMMON 423452101 4,307 70,961 SH   SOLE 1 70,961 0 0
HENRY JACK & ASSOCIATES INC. COMMON 426281101 173 3,752 SH   SOLE 1 3,752 0 0
HERSHEY FOODS CORP. COMMON 427866108 0 7 SH   SOLE 1 7 0 0
HERTZ GLOBAL HOLDINGS INC COMMON 42805T105 1,145 51,470 SH   SOLE 1 51,470 0 0
HILL-ROM HOLDINGS INC COMMON 431475102 135 3,840 SH   SOLE 1 3,840 0 0
HOLLYFRONTIER CORP COMMON 436106108 252 4,900 SH   SOLE 1 4,900 0 0
HOME BANCSHARES INC COMMON 436893200 2,947 78,249 SH   SOLE 1 78,249 0 0
HOME DEPOT INC. COMMON 437076102 3,997 57,290 SH   SOLE 1 57,290 0 0
HONEYWELL INTERNATIONAL INC COMMON 438516106 3,762 49,940 SH   SOLE 1 49,940 0 0
HORACE MANN EDUCATORS CORP COMMON 440327104 678 32,560 SH   SOLE 1 32,560 0 0
HORMEL CO COMMON 440452100 4,457 107,885 SH   SOLE 1 107,885 0 0
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HUMANA INC. COMMON 444859102 1,809 26,190 SH   SOLE 1 26,190 0 0
J. B. HUNT COMMON 445658107 3,201 42,985 SH   SOLE 1 42,985 0 0
HUNTINGTON BANCSHARES COMMON 446150104 171 23,240 SH   SOLE 1 23,240 0 0
HYSTER YALE MATERIALS HANDLIN COMMON 449172105 706 12,367 SH   SOLE 1 12,367 0 0
ICU MEDICAL INC COMMON 44930G107 4,683 79,453 SH   SOLE 1 79,453 0 0
IMPAX LABORATORIES INC COMMON 45256B101 206 13,375 SH   SOLE 1 13,375 0 0
INGERSOLL-RAND PLC COMMON G47791101 3,809 69,258 SH   SOLE 1 69,258 0 0
INGREDION INC COMMON 457187102 1,780 24,614 SH   SOLE 1 24,614 0 0
INNOSPEC INC COMMON 45768S105 179 4,060 SH   SOLE 1 4,060 0 0
INSPERITY INC COMMON 45778Q107 270 9,534 SH   SOLE 1 9,534 0 0
INTEGRATED DEVICE TECHNOLOGY COMMON 458118106 240 32,257 SH   SOLE 1 32,257 0 0
INTEL CORP. COMMON 458140100 728 33,380 SH   SOLE 1 33,380 0 0
INTERNATIONAL BUSINESS COMMON 459200101 1,445 6,778 SH   SOLE 1 6,778 0 0
INTERNATIONAL GAME TECHNOLOGY COMMON 459902102 1,124 68,175 SH   SOLE 1 68,175 0 0
INTERNATIONAL PAPER CO. COMMON 460146103 2,474 53,116 SH   SOLE 1 53,116 0 0
ISHARES MSCI EAFE INDEX FUND COMMON 464287465 3,757 63,700 SH   SOLE 1 63,700 0 0
j2 GLOBAL INC COMMON 48123V102 5,533 141,123 SH   SOLE 1 141,123 0 0
JABIL CIRCUIT INC COMMON 466313103 300 16,280 SH   SOLE 1 16,280 0 0
JACOBS ENGINEERING GROUP INC COMMON 469814107 1,805 32,095 SH   SOLE 1 32,095 0 0
JAMBA INC COM COMMON 47023A101 265 93,200 SH   SOLE 1 93,200 0 0
JANUS CAPITAL GROUP INC COMMON 47102X105 688 73,260 SH   SOLE 1 73,260 0 0
JOHNSON & JOHNSON COMMON 478160104 7,179 88,060 SH   SOLE 1 88,060 0 0
JPMORGAN CHASE & CO COMMON 46625H100 5,212 109,822 SH   SOLE 1 109,822 0 0
JUNIPER NETWORKS INC COMMON 48203R104 1,889 101,910 SH   SOLE 1 101,910 0 0
KAPSTONE PAPER AND PACKAGING COMMON 48562P103 6,357 228,703 SH   SOLE 1 228,703 0 0
KELLOGG CO. COMMON 487836108 2,201 34,170 SH   SOLE 1 34,170 0 0
KELLY SERVICES CL A COMMON 488152208 622 33,340 SH   SOLE 1 33,340 0 0
KEYCORP - NEW COMMON 493267108 854 85,788 SH   SOLE 1 85,788 0 0
KIMBERLY CLARK CORP. COMMON 494368103 1,996 20,380 SH   SOLE 1 20,380 0 0
KIMCO REALTY CORP COMMON 49446R109 1,278 57,063 SH   SOLE 1 57,063 0 0
KRAFT FOODS GROUP INC COM COMMON 50076Q106 13 259 SH   SOLE 1 259 0 0
KRISPY KREME DOUGHNUTS INC COMMON 501014104 159 11,053 SH   SOLE 1 11,053 0 0
KROGER CO. COMMON 501044101 5,904 178,170 SH   SOLE 1 178,170 0 0
KULICKE & SOFFA INDUSTRIES COMMON 501242101 350 30,337 SH   SOLE 1 30,337 0 0
L-3 COMMUNICATIONS HLDGS INC COMMON 502424104 1,203 14,877 SH   SOLE 1 14,877 0 0
LA-Z-BOY INC COMMON 505336107 170 9,053 SH   SOLE 1 9,053 0 0
LABORATORY CORP OF AMERICA COMMON 50540R409 2,010 22,285 SH   SOLE 1 22,285 0 0
LAKELAND FINANCIAL CORP COMMON 511656100 3,490 130,797 SH   SOLE 1 130,797 0 0
LANCASTER COLONY CORP. COMMON 513847103 90 1,181 SH   SOLE 1 1,181 0 0
LEAPFROG ENTERPRISES INC COMMON 52186N106 316 37,027 SH   SOLE 1 37,027 0 0
LEGGETT & PLATT COMMON 524660107 880 26,077 SH   SOLE 1 26,077 0 0
LEIDOS HLDGS INC COMMON 525327102 3,146 232,210 SH   SOLE 1 232,210 0 0
LIBERTY PROPERTY TRUST COMMON 531172104 1,945 48,953 SH   SOLE 1 48,953 0 0
LIFE TECHNOLOGIES CORP COMMON 53217V109 2,555 39,538 SH   SOLE 1 39,538 0 0
ELI LILLY & CO. COMMON 532457108 4,195 73,874 SH   SOLE 1 73,874 0 0
LINCOLN ELECTRIC HOLDINGS COMMON 533900106 2,039 37,648 SH   SOLE 1 37,648 0 0
LINCOLN NATIONAL CORP IND COMMON 534187109 1,873 57,438 SH   SOLE 1 57,438 0 0
LITHIA MOTORS INC CL A COMMON 536797103 3,922 82,609 SH   SOLE 1 82,609 0 0
LITTLEFUSE COMMON 537008104 5,001 73,717 SH   SOLE 1 73,717 0 0
LOCKHEED MARTIN CORP. COMMON 539830109 3,051 31,620 SH   SOLE 1 31,620 0 0
LSB INDUSTRIES INC COMMON 502160104 4,718 135,673 SH   SOLE 1 135,673 0 0
LSI LOGIC CORP. COMMON 502161102 3,046 449,265 SH   SOLE 1 449,265 0 0
LYONDELLBASELL INDUSTRIES NV COMMON N53745100 1,049 16,590 SH   SOLE 1 16,590 0 0
M & T BANK CORPORATION COMMON 55261F104 1,637 15,875 SH   SOLE 1 15,875 0 0
MACK-CALI REALTY CORP COMMON 554489104 4,550 159,059 SH   SOLE 1 159,059 0 0
MACY'S INC COMMON 55616P104 561 13,420 SH   SOLE 1 13,420 0 0
MANPOWER INC COMMON 56418H100 856 15,100 SH   SOLE 1 15,100 0 0
MARATHON PETROLEUM CORP COMMON 56585A102 3,613 40,333 SH   SOLE 1 40,333 0 0
MARSH & MCLENNAN COMPANIES COMMON 571748102 3,983 104,920 SH   SOLE 1 104,920 0 0
MARVELL TECHNOLOGY GROUP LTD COMMON G5876H105 1,664 157,401 SH   SOLE 1 157,401 0 0
MASCO CORP. COMMON 574599106 39 1,975 SH   SOLE 1 1,975 0 0
MASTEC INC COMMON 576323109 8,047 276,056 SH   SOLE 1 276,056 0 0
MATRIX SERVICE CO. COMMON 576853105 2,910 195,335 SH   SOLE 1 195,335 0 0
MAXIM INTEGRATED PROD INC COMMON 57772K101 2,221 68,057 SH   SOLE 1 68,057 0 0
MAXIMUS INC COMMON 577933104 7,982 99,819 SH   SOLE 1 99,819 0 0
MB FINANCIAL INC COMMON 55264U108 168 6,989 SH   SOLE 1 6,989 0 0
MCDERMOTT INTERNATIONAL INC. COMMON 580037109 239 21,760 SH   SOLE 1 21,760 0 0
MCKESSON HBOC INC COMMON 58155Q103 3,463 32,081 SH   SOLE 1 32,081 0 0
MEASUREMENT SPECIALTIES INC COMMON 583421102 3,319 83,470 SH   SOLE 1 83,470 0 0
MEDASSETS INC COMMON 584045108 5,075 263,660 SH   SOLE 1 263,660 0 0
MEDICINES COMPANY COMMON 584688105 344 10,326 SH   SOLE 1 10,326 0 0
MEDIDATA SOLUTIONS INC COMMON 58471A105 2,348 40,501 SH   SOLE 1 40,501 0 0
MEDIFAST INC COMMON 58470H101 552 24,118 SH   SOLE 1 24,118 0 0
MEDLEY CAPITAL CORP COMMON 58503F106 107 6,758 SH   SOLE 1 6,758 0 0
MEDNAX INC COMMON 58502B106 6,273 69,988 SH   SOLE 1 69,988 0 0
METLIFE INC COMMON 59156R108 57 1,525 SH   SOLE 1 1,525 0 0
MICREL INC COMMON 594793101 315 30,000 SH   SOLE 1 30,000 0 0
MICROS SYSTEMS INC COMMON 594901100 4,451 97,811 SH   SOLE 1 97,811 0 0
MICROSEMI CORP COMMON 595137100 4,838 208,817 SH   SOLE 1 208,817 0 0
MICROSOFT CORP. COMMON 594918104 4,738 165,639 SH   SOLE 1 165,639 0 0
MINERALS TECH COMMON 603158106 594 14,324 SH   SOLE 1 14,324 0 0
MKS INSTRUMENTS INC COMMON 55306N104 278 10,236 SH   SOLE 1 10,236 0 0
MOLSON COORS BREWING CO COMMON 60871R209 1,621 33,135 SH   SOLE 1 33,135 0 0
MOMENTA PHARMACEUTICALS INC COMMON 60877T100 263 19,760 SH   SOLE 1 19,760 0 0
MONDELEZ INTL INC CL A COMMON 609207105 23 778 SH   SOLE 1 778 0 0
MONOLITHIC POWER SYSTEMS INC COMMON 609839105 361 14,841 SH   SOLE 1 14,841 0 0
MONSANTO CO COMMON 61166W101 4,162 39,410 SH   SOLE 1 39,410 0 0
MOOG INC CL A COMMON 615394202 4,679 102,114 SH   SOLE 1 102,114 0 0
MORGAN STANLEY COMMON 617446448 10 500 SH   SOLE 1 500 0 0
MOTOROLA SOLUTIONS INC. COMMON 620076307 10 171 SH   SOLE 1 171 0 0
MULTI-FINELINE ELECTRONIX INC COMMON 62541B101 3,368 218,282 SH   SOLE 1 218,282 0 0
MULTIMEDIA GAMES INC COMMON 625453105 312 14,980 SH   SOLE 1 14,980 0 0
MURPHY OIL CORP. COMMON 626717102 1,678 26,341 SH   SOLE 1 26,341 0 0
MYERS INDUSTRIES COMMON 628464109 121 8,729 SH   SOLE 1 8,729 0 0
MYLAN LABORATORIES INC. COMMON 628530107 5,254 181,456 SH   SOLE 1 181,456 0 0
MYR GROUP INC COMMON 55405W104 3,207 130,596 SH   SOLE 1 130,596 0 0
MYRIAD GENETICS INC COMMON 62855J104 4,421 174,000 SH   SOLE 1 174,000 0 0
NACCO IND INC. CL A COMMON 629579103 658 12,344 SH   SOLE 1 12,344 0 0
NASDAQ STOCK MARKET INC COMMON 631103108 1,670 51,727 SH   SOLE 1 51,727 0 0
NATIONAL FINANCIAL PARTNERS COMMON 63607P208 244 10,920 SH   SOLE 1 10,920 0 0
NATIONAL OILWELL VARCO INC COMMON 637071101 5,353 75,673 SH   SOLE 1 75,673 0 0
NATIONAL PENN BANCSHARES INC. COMMON 637138108 336 31,454 SH   SOLE 1 31,454 0 0
NATUS MEDICAL INC COMMON 639050103 346 25,785 SH   SOLE 1 25,785 0 0
NCR CORPORATION (NEW) COMMON 62886E108 1,223 44,390 SH   SOLE 1 44,390 0 0
NETAPP INC COMMON 64110D104 4,114 120,445 SH   SOLE 1 120,445 0 0
NETGEAR INC COMMON 64111Q104 4,805 143,418 SH   SOLE 1 143,418 0 0
NEWCASTLE INVESTMENT CORP COMMON 65105M108 5,184 464,101 SH   SOLE 1 464,101 0 0
NOBLE ENERGY INC COMMON 655044105 1,609 13,920 SH   SOLE 1 13,920 0 0
NORDSTROM INC. COMMON 655664100 2,631 47,640 SH   SOLE 1 47,640 0 0
NORTHROP GRUMMAN CORP COMMON 666807102 2,652 37,805 SH   SOLE 1 37,805 0 0
NOVAVAX INC COMMON 670002104 186 81,647 SH   SOLE 1 81,647 0 0
NOVO-NORDISK A/S COMMON 670100205 2,487 15,400 SH   SOLE 1 15,400 0 0
NU SKIN ENTERPRISES INC - A COMMON 67018T105 3,385 76,585 SH   SOLE 1 76,585 0 0
NV ENERGY INC. COMMON 67073Y106 1,630 81,425 SH   SOLE 1 81,425 0 0
O'REILLY AUTOMOTIVE INC COMMON 67103H107 853 8,330 SH   SOLE 1 8,330 0 0
OCEANEERING INTL INC COMMON 675232102 737 11,100 SH   SOLE 1 11,100 0 0
OIL STATES INTERNATIONAL INC COMMON 678026105 5,966 73,143 SH   SOLE 1 73,143 0 0
OLD REPUBLIC INTERNATIONAL COMMON 680223104 38 3,046 SH   SOLE 1 3,046 0 0
OLIN CORP. COMMON 680665205 337 13,379 SH   SOLE 1 13,379 0 0
OMEGA HEALTHCARE INVESTORS COMMON 681936100 362 11,945 SH   SOLE 1 11,945 0 0
OMNICARE INC COMMON 681904108 452 11,113 SH   SOLE 1 11,113 0 0
OMNICELL INC COMMON 68213N109 826 43,802 SH   SOLE 1 43,802 0 0
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ORACLE CORP COMMON 68389X105 9,867 305,199 SH   SOLE 1 305,199 0 0
ORBITAL SCIENCES CORP. COMMON 685564106 6,111 366,171 SH   SOLE 1 366,171 0 0
OSHKOSH TRUCK CL B COMMON 688239201 657 15,480 SH   SOLE 1 15,480 0 0
PACWEST BANCORP COMMON 695263103 6,426 220,765 SH   SOLE 1 220,765 0 0
PAREXEL INTERNATIONAL CORP COMMON 699462107 234 5,920 SH   SOLE 1 5,920 0 0
PARKER-HANNIFIN CORP. COMMON 701094104 3,845 41,996 SH   SOLE 1 41,996 0 0
PARTNERRE HOLDINGS LTD COMMON G6852T105 1,673 17,978 SH   SOLE 1 17,978 0 0
PATTERSON-UTI ENERGY INC COMMON 703481101 725 30,453 SH   SOLE 1 30,453 0 0
PEABODY ENERGY CORP COMMON 704549104 68 3,220 SH   SOLE 1 3,220 0 0
PENNYMAC MORTGAGE INVESTMENT COMMON 70931T103 4,425 170,954 SH   SOLE 1 170,954 0 0
PENTAIR LTD SHS COMMON H6169Q108 1,642 31,135 SH   SOLE 1 31,135 0 0
PEPSICO INC. COMMON 713448108 28 358 SH   SOLE 1 358 0 0
PERFICIENT INC COMMON 71375U101 217 18,629 SH   SOLE 1 18,629 0 0
PERICOM SEMICONDUCTOR CORP COMMON 713831105 2,452 360,151 SH   SOLE 1 360,151 0 0
PETSMART INC COMMON 716768106 1,688 27,187 SH   SOLE 1 27,187 0 0
PFIZER INC. COMMON 717081103 1,745 60,483 SH   SOLE 1 60,483 0 0
PHILIP MORRIS INTERNATIONAL COMMON 718172109 4,880 52,645 SH   SOLE 1 52,645 0 0
PIER 1 INC COMMON 720279108 368 16,024 SH   SOLE 1 16,024 0 0
PILGRIMS PRIDE COMMON 72147K108 165 17,989 SH   SOLE 1 17,989 0 0
PINNACLE FINANCIAL PARTNERS COMMON 72346Q104 357 15,300 SH   SOLE 1 15,300 0 0
PIPER JAFFRAY COMPANIES COMMON 724078100 313 9,134 SH   SOLE 1 9,134 0 0
PLUM CREEK TIMBER CO INC COMMON 729251108 45 875 SH   SOLE 1 875 0 0
PNC FINANCIAL SERVICES GROUP COMMON 693475105 4,302 64,695 SH   SOLE 1 64,695 0 0
POLYONE CORPORATION COMMON 73179P106 469 19,227 SH   SOLE 1 19,227 0 0
POZEN INC COMMON 73941U102 269 51,096 SH   SOLE 1 51,096 0 0
PPG INDUSTRIES INC. COMMON 693506107 624 4,660 SH   SOLE 1 4,660 0 0
PRECISION CASTPARTS CORP COMMON 740189105 3,896 20,550 SH   SOLE 1 20,550 0 0
PRIMERICA INC COMMON 74164M108 795 24,263 SH   SOLE 1 24,263 0 0
PRIMORIS SERVICES CORP COMMON 74164F103 5,289 239,222 SH   SOLE 1 239,222 0 0
PRINCIPAL FINANCIAL GROUP COMMON 74251V102 1,226 36,032 SH   SOLE 1 36,032 0 0
PRIVATEBANCORP INC COMMON 742962103 350 18,559 SH   SOLE 1 18,559 0 0
PROCTER & GAMBLE CO. COMMON 742718109 5,911 76,710 SH   SOLE 1 76,710 0 0
PROSPECT CAPITAL CORP COMMON 74348T102 1,095 100,380 SH   SOLE 1 100,380 0 0
PROSPERITY BANCSHARES INC COMMON 743606105 6,144 129,650 SH   SOLE 1 129,650 0 0
PROTECTIVE LIFE CORP. COMMON 743674103 6,417 179,273 SH   SOLE 1 179,273 0 0
PUBLIC SERVICE ENTERPRISE COMMON 744573106 1,856 54,063 SH   SOLE 1 54,063 0 0
PULTE CORP COMMON 745867101 1,428 70,585 SH   SOLE 1 70,585 0 0
PVH CORP COMMON 693656100 1,225 11,470 SH   SOLE 1 11,470 0 0
QUALCOMM CORP. COMMON 747525103 8,304 124,054 SH   SOLE 1 124,054 0 0
RAMCO-GERSHENSON PROPERTIES COMMON 751452202 4,433 263,889 SH   SOLE 1 263,889 0 0
RAYTHEON COMPANY COMMON 755111507 2,618 44,534 SH   SOLE 1 44,534 0 0
REGENCY CENTERS CORP COMMON 758849103 3,132 59,196 SH   SOLE 1 59,196 0 0
REGIONS FINANCIAL CORP COMMON 7591EP100 666 81,400 SH   SOLE 1 81,400 0 0
RELIANCE STEEL & ALUMINUM COMMON 759509102 105 1,482 SH   SOLE 1 1,482 0 0
REYNOLDS AMERICAN INC COMMON 761713106 5,016 112,753 SH   SOLE 1 112,753 0 0
ROBERT HALF INTL INC COMMON 770323103 3,955 105,409 SH   SOLE 1 105,409 0 0
ROCK-TENN COMPANY -CL A COMMON 772739207 1,102 11,880 SH   SOLE 1 11,880 0 0
ROCKWELL AUTOMATION INC COMMON 773903109 652 7,557 SH   SOLE 1 7,557 0 0
ROCKWELL COLLINS COMMON 774341101 59 950 SH   SOLE 1 950 0 0
ROSS STORES INC COMMON 778296103 4,940 81,504 SH   SOLE 1 81,504 0 0
ROUNDY'S INC COMMON 779268101 135 20,579 SH   SOLE 1 20,579 0 0
RPC INCORPORATED COMMON 749660106 179 11,860 SH   SOLE 1 11,860 0 0
RPX CORPORATION COM COMMON 74972G103 1,572 111,442 SH   SOLE 1 111,442 0 0
RUDOLPH TECHNOLOGIES INC COMMON 781270103 3,549 301,282 SH   SOLE 1 301,282 0 0
RUE21 INC COMMON 781295100 3,928 133,666 SH   SOLE 1 133,666 0 0
RUTH'S CHRIS STEAK HOUSE COMMON 783332109 348 36,572 SH   SOLE 1 36,572 0 0
RYMAN HOSPITALITY PPTYS INC COMMON 78377T107 343 7,501 SH   SOLE 1 7,501 0 0
S & P 500 DEPOSITORY RECEIPT COMMON 78462F103 3,995 25,500 SH   SOLE 1 25,500 0 0
SABRA HEALTH CARE REIT INC COMMON 78573L106 4,678 161,285 SH   SOLE 1 161,285 0 0
SAFEWAY STORES INC COMMON 786514208 1,444 54,814 SH   SOLE 1 54,814 0 0
SANDERSON FARMS INC COMMON 800013104 1,034 18,933 SH   SOLE 1 18,933 0 0
SANDISK CORP COMMON 80004C101 1,491 27,140 SH   SOLE 1 27,140 0 0
SAPIENT CORPORATION COMMON 803062108 4,477 367,294 SH   SOLE 1 367,294 0 0
SCHLUMBERGER LTD. COMMON 806857108 4,985 66,570 SH   SOLE 1 66,570 0 0
SEAGATE TECHNOLOGY COMMON G7945M107 1,207 33,024 SH   SOLE 1 33,024 0 0
SELECT COMFORT CORPORATION COMMON 81616X103 134 6,796 SH   SOLE 1 6,796 0 0
SERVICE CORP INTERNATIONAL COMMON 817565104 2,166 129,526 SH   SOLE 1 129,526 0 0
SIGNET JEWELERS LTD COMMON G81276100 2,069 30,885 SH   SOLE 1 30,885 0 0
SINCLAIR BROADCAST GROUP - A COMMON 829226109 5,008 246,853 SH   SOLE 1 246,853 0 0
SKYWORKS SOLUTIONS INC COMMON 83088M102 4,080 185,282 SH   SOLE 1 185,282 0 0
SMITH & WESSON HOLDING CORP COMMON 831756101 257 28,663 SH   SOLE 1 28,663 0 0
SONIC AUTOMOTIVE INC COMMON 83545G102 4,091 184,647 SH   SOLE 1 184,647 0 0
SOUTHWEST AIRLINES COMMON 844741108 2,790 206,974 SH   SOLE 1 206,974 0 0
SOUTHWEST GAS CORP COMMON 844895102 244 5,160 SH   SOLE 1 5,160 0 0
SPECTRANETICS CORP. COMMON 84760C107 212 11,483 SH   SOLE 1 11,483 0 0
SPECTRUM PHARMACEUTICALS INC COMMON 84763A108 189 25,404 SH   SOLE 1 25,404 0 0
SPIRIT AIRLINES INC COMMON 848577102 5,652 222,872 SH   SOLE 1 222,872 0 0
SPRINT NEXTEL CORP COMMON 852061100 0 9 SH   SOLE 1 9 0 0
ST JUDE MEDICAL INC COMMON 790849103 524 12,969 SH   SOLE 1 12,969 0 0
STANDARD MOTOR PRODUCTS INC COMMON 853666105 673 24,280 SH   SOLE 1 24,280 0 0
STANDEX INT'L CORP COMMON 854231107 322 5,838 SH   SOLE 1 5,838 0 0
STARBUCKS CORP. COMMON 855244109 1,907 33,494 SH   SOLE 1 33,494 0 0
STARWOOD PROPERTY TRUST INC COMMON 85571B105 872 31,440 SH   SOLE 1 31,440 0 0
STATE STREET CORP COMMON 857477103 1,517 25,680 SH   SOLE 1 25,680 0 0
STERIS CORP COMMON 859152100 348 8,375 SH   SOLE 1 8,375 0 0
STERLING FINANCIAL CORPORATIO COMMON 859319303 4,417 203,654 SH   SOLE 1 203,654 0 0
STEWART INFORMATION SERVICES COMMON 860372101 645 25,360 SH   SOLE 1 25,360 0 0
STONE ENERGY CORP COMMON 861642106 5,215 239,795 SH   SOLE 1 239,795 0 0
STURM RUGER & CO. INC. COMMON 864159108 330 6,521 SH   SOLE 1 6,521 0 0
SUNTRUST BANKS INC. COMMON 867914103 1,679 58,297 SH   SOLE 1 58,297 0 0
SUPERIOR ENERGY SERVICES INC COMMON 868157108 782 30,140 SH   SOLE 1 30,140 0 0
SURMODICS INC COMMON 868873100 393 14,456 SH   SOLE 1 14,456 0 0
SUSQUEHANNA BANCSHARES INC PA COMMON 869099101 346 27,845 SH   SOLE 1 27,845 0 0
SWIFT TRANSPORTATION CO COMMON 87074U101 6,176 435,553 SH   SOLE 1 435,553 0 0
SYMANTEC CORP COMMON 871503108 1,746 70,778 SH   SOLE 1 70,778 0 0
SYNOPSIS INC. COMMON 871607107 1,416 39,480 SH   SOLE 1 39,480 0 0
TAL INTERNATIONAL GROUP INC COMMON 874083108 5,562 122,766 SH   SOLE 1 122,766 0 0
TARGA RESOURCES CORP COMMON 87612G101 416 6,132 SH   SOLE 1 6,132 0 0
TASER INTERNATIONAL INC COMMON 87651B104 313 39,432 SH   SOLE 1 39,432 0 0
TELETECH HOLDINGS INC COMMON 879939106 174 8,239 SH   SOLE 1 8,239 0 0
TENNECO AUTOMOTIVE INC COMMON 880349105 6,167 156,899 SH   SOLE 1 156,899 0 0
TEREX CORP COMMON 880779103 6,824 198,284 SH   SOLE 1 198,284 0 0
TESORO PETE CORP. COMMON 881609101 3,931 67,140 SH   SOLE 1 67,140 0 0
TETRA TECH INC. COMMON 88162G103 6,121 200,778 SH   SOLE 1 200,778 0 0
TEXAS INSTRUMENTS INC. COMMON 882508104 1,223 34,490 SH   SOLE 1 34,490 0 0
TEXAS ROADHOUSE INC-CLASS A COMMON 882681109 6,255 309,825 SH   SOLE 1 309,825 0 0
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THERMO FISHER SCIENTIFIC INC COMMON 883556102 4,531 59,242 SH   SOLE 1 59,242 0 0
THOR INDUSTRIES INC COMMON 885160101 3,433 93,337 SH   SOLE 1 93,337 0 0
TIME WARNER CABLE COMMON 88732J207 1,780 18,537 SH   SOLE 1 18,537 0 0
TIME WARNER INC COMMON 887317303 2,689 46,681 SH   SOLE 1 46,681 0 0
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TJX COS INC COMMON 872540109 2,675 57,231 SH   SOLE 1 57,231 0 0
TORCHMARK CORP COMMON 891027104 1,331 22,264 SH   SOLE 1 22,264 0 0
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TRIUMPH GROUP INC COMMON 896818101 9,119 116,169 SH   SOLE 1 116,169 0 0
TRUE RELIGION APPAREL INC COMMON 89784N104 157 6,020 SH   SOLE 1 6,020 0 0
TRW AUTOMOTIVE HOLDINGS CORP COMMON 87264S106 1,599 29,090 SH   SOLE 1 29,090 0 0
TUPPERWARE CORP COMMON 899896104 6,213 76,011 SH   SOLE 1 76,011 0 0
NEWS CORP INC-CL A COMMON 90130A101 1,403 45,996 SH   SOLE 1 45,996 0 0
TYSON FOODS INC. CLASS A COMMON 902494103 939 37,860 SH   SOLE 1 37,860 0 0
UGI CORP. COMMON 902681105 2,107 54,886 SH   SOLE 1 54,886 0 0
UMPQUA HOLDINGS CORP COMMON 904214103 168 12,740 SH   SOLE 1 12,740 0 0
UNION PACIFIC CORP. COMMON 907818108 1,829 12,845 SH   SOLE 1 12,845 0 0
UNISYS INC. COMMON 909214306 5,181 227,748 SH   SOLE 1 227,748 0 0
UNITED ONLINE INC COMMON 911268100 714 118,556 SH   SOLE 1 118,556 0 0
UNITED TECHNOLOGIES CORP. COMMON 913017109 3,650 39,071 SH   SOLE 1 39,071 0 0
UNITED THERAPEUTICS CORP COMMON 91307C102 522 8,580 SH   SOLE 1 8,580 0 0
UNUMPROVIDENT CORP COMMON 91529Y106 96 3,400 SH   SOLE 1 3,400 0 0
URS CORP COMMON 903236107 853 18,000 SH   SOLE 1 18,000 0 0
VALASSIS COMM INC. COMMON 918866104 127 4,261 SH   SOLE 1 4,261 0 0
VALERO ENERGY CORP COMMON 91913Y100 4,208 92,504 SH   SOLE 1 92,504 0 0
VALUECLICK INC COMMON 92046N102 503 17,026 SH   SOLE 1 17,026 0 0
VANGUARD INDEX FDS S&P 500 ET COMMON 922908363 4,298 60,000 SH   SOLE 1 60,000 0 0
VANGUARD MSCI EAFE ETF COMMON 921943858 582 16,000 SH   SOLE 1 16,000 0 0
VASCO DATA SECURITY INTL COMMON 92230Y104 167 19,788 SH   SOLE 1 19,788 0 0
VECTREN CORPORATION COMMON 92240G101 716 20,220 SH   SOLE 1 20,220 0 0
VEECO INSTRUMENTS INC COMMON 922417100 2,930 76,299 SH   SOLE 1 76,299 0 0
VERIZON COMMUNICATIONS COMMON 92343V104 95 1,944 SH   SOLE 1 1,944 0 0
VIACOM INC-CLASS B COMMON 92553P201 26 425 SH   SOLE 1 425 0 0
VICAL INC COMMON 925602104 377 94,841 SH   SOLE 1 94,841 0 0
VISA INC-CLASS A SHARES COMMON 92826C839 5,298 31,197 SH   SOLE 1 31,197 0 0
VIVUS INC COMMON 928551100 287 26,166 SH   SOLE 1 26,166 0 0
VOLTERRA SEMICONDUCTOR CORP COMMON 928708106 2,988 210,466 SH   SOLE 1 210,466 0 0
WADDELL & REED FINANCIAL - A COMMON 930059100 1,728 39,489 SH   SOLE 1 39,489 0 0
WAL MART STORES INC. COMMON 931142103 3,399 45,433 SH   SOLE 1 45,433 0 0
WALGREEN CO. COMMON 931422109 836 17,539 SH   SOLE 1 17,539 0 0
WELLS FARGO CO COMMON 949746101 10,331 279,318 SH   SOLE 1 279,318 0 0
WESBANCO INC COMMON 950810101 2,617 109,285 SH   SOLE 1 109,285 0 0
WESTERN ALLIANCE COMMON 957638109 358 25,880 SH   SOLE 1 25,880 0 0
WESTERN DIGITAL CORP. COMMON 958102105 3,514 69,879 SH   SOLE 1 69,879 0 0
WESTERN REFINING INC COMMON 959319104 290 8,207 SH   SOLE 1 8,207 0 0
WESTERN UNION COMPANY COMMON 959802109 4 325 SH   SOLE 1 325 0 0
WESTLAKE CHEMICAL CORP COMMON 960413102 1,578 16,880 SH   SOLE 1 16,880 0 0
WEYERHAEUSER CO. COMMON 962166104 61 1,954 SH   SOLE 1 1,954 0 0
WHIRLPOOL CORP. COMMON 963320106 1,439 12,155 SH   SOLE 1 12,155 0 0
WILSHIRE BANCORP INC COMMON 97186T108 356 52,508 SH   SOLE 1 52,508 0 0
WISCONSIN ENERGY CORP. COMMON 976657106 96 2,250 SH   SOLE 1 2,250 0 0
WORLD FUEL SERVICES CORP COMMON 981475106 1,588 39,983 SH   SOLE 1 39,983 0 0
WORTHINGTON INDUSTRIES INC COMMON 981811102 799 25,818 SH   SOLE 1 25,818 0 0
WYNDHAM WORLDWIDE CORP COMMON 98310W108 2,644 41,007 SH   SOLE 1 41,007 0 0
XEROX CORP. COMMON 984121103 618 71,963 SH   SOLE 1 71,963 0 0
XL GROUP PLC F COMMON G98290102 1,066 35,200 SH   SOLE 1 35,200 0 0
YUM BRANDS INC COMMON 988498101 3,982 55,360 SH   SOLE 1 55,360 0 0
ZEBRA TECH CL A COMMON 989207105 2,381 50,523 SH   SOLE 1 50,523 0 0
ZIMMER HOLDINGS INC COMMON 98956P102 1,554 20,671 SH   SOLE 1 20,671 0 0