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
BRANDYWINE REALTY TRUST SH BEN INT NEW 105368203 272 19,342 SH   SOLE   6,167 0 13,175
GLADSTONE COMMERCIAL COM 376536108 667 39,258 SH   SOLE   30,946 0 8,312
INDEPENDENCE REALTY TRUST SH BEN INT NEW 45378A106 1,879 194,120 SH   SOLE   137,620 0 56,500
MONMOUTH REIT A CL A 609720107 952 94,101 SH   SOLE   74,164 0 19,937
WINTHROP REALTY TRUST SH BEN INT NEW 976391300 1,029 68,291 SH   SOLE   53,734 0 14,557
ABBVIE INC COM 00287Y109 9,466 163,885 SH   SOLE   53,895 0 109,990
ACTIVISION BLIZZARD INC COM 00507V109 6,358 305,825 SH   SOLE   104,865 0 200,960
ADVANCED MICRO DEVICES COM 007903107 378 110,776 SH   SOLE   44,651 0 66,125
AEGEAN MARINE PETROLEUM COM Y0017S102 1,784 194,580 SH   SOLE   124,130 0 70,450
AES CORP COM 00130H105 8,350 588,837 SH   SOLE   352,213 0 236,624
AETNA INC COM 00817Y108 5,048 62,319 SH   SOLE   37,264 0 25,055
ALLSCRIPTS HEALTHCARE COM 01988P108 364 27,152 SH   SOLE   10,577 0 16,575
ALLSTATE CORP COM 020002101 6,822 111,161 SH   SOLE   66,454 0 44,707
ALMOST FAMILY INC COM 020409108 1,206 44,395 SH   SOLE   31,499 0 12,896
ALPHA & OMEGA SEMI COM G6331P104 971 103,260 SH   SOLE   72,560 0 30,700
AMERICAN EXPRESS COM 025816109 457 5,215 SH   SOLE   2,150 0 3,065
AMERICAN SOFTWARE A COM 029683109 958 108,630 SH   SOLE   73,380 0 35,250
AMERIPRISE FINANCIAL COM 03076C106 7,733 62,673 SH   SOLE   36,970 0 25,703
APPLE INC COM 037833100 35,024 347,632 SH   SOLE   127,837 0 219,795
ARCHER-DANIELS-MIDLAND CO COM 039483102 10,271 201,000 SH   SOLE   66,790 0 134,210
ASHLAND INC COM 044209104 3,925 37,700 SH   SOLE   22,200 0 15,500
AT & T INC COM COM 00206R102 15,625 443,385 SH   SOLE   264,975 0 178,410
AVX CORP COM 002444107 409 30,816 SH   SOLE   12,416 0 18,400
BANC OF CALIFORNIA COM 05990K106 2,041 175,505 SH   SOLE   109,005 0 66,500
BANK OF COMMERCE HOLDINGS COM 06424J103 674 109,735 SH   SOLE   86,485 0 23,250
BANNER CORP COM 06652V208 480 12,466 SH   SOLE   4,941 0 7,525
BAR HARBOR BANKSHARES COM 066849100 1,663 57,478 SH   SOLE   39,753 0 17,725
BERKSHIRE HILLS BANC COM 084680107 1,666 70,923 SH   SOLE   42,649 0 28,274
BIOGEN IDEC INC COM 09062X103 6,708 20,277 SH   SOLE   6,382 0 13,895
BIOSCRIP INC COM 09069N108 1,373 198,676 SH   SOLE   126,038 0 72,638
BLACK BOX CORP COM 091826107 1,891 81,084 SH   SOLE   50,034 0 31,050
BOEING CO COM 097023105 5,993 47,045 SH   SOLE   28,165 0 18,880
BROWN FORMAN B COM 115637209 5,550 61,516 SH   SOLE   19,746 0 41,770
CALLAWAY GOLF COM 131193104 695 95,935 SH   SOLE   75,576 0 20,359
CAMBREX CORP COM 132011107 835 44,720 SH   SOLE   35,233 0 9,487
CAPITAL CITY BK GROUP COM COM 139674105 992 73,275 SH   SOLE   49,725 0 23,550
CAPITAL ONE FINANCIAL CORP COM 14040H105 8,683 106,385 SH   SOLE   63,550 0 42,835
CARPENTER TECHNOLOGY COM 144285103 392 8,675 SH   SOLE   3,375 0 5,300
CATERPILLAR INC COM 149123101 3,958 39,965 SH   SOLE   23,670 0 16,295
CBIZ INC COM 124805102 567 72,073 SH   SOLE   56,755 0 15,318
CBRE GROUP INC - A COM 12504L109 8,376 281,642 SH   SOLE   90,122 0 191,520
CECO ENVIRONMENTAL COM 125141101 1,878 140,113 SH   SOLE   88,576 0 51,537
CELADON GROUP INC COM 150838100 2,000 102,840 SH   SOLE   65,240 0 37,600
CELGENE CORP COM 151020104 10,808 114,031 SH   SOLE   37,361 0 76,670
CENTRAL GARDEN & PET A COM 153527205 1,116 138,785 SH   SOLE   94,877 0 43,908
CENTURY CASINOS INC COM 156492100 1,189 231,825 SH   SOLE   159,725 0 72,100
CHIPOTLE MEXICAN GRILL COM 169656105 8,363 12,546 SH   SOLE   4,346 0 8,200
CISCO SYSTEMS COM 17275R102 12,685 503,977 SH   SOLE   301,160 0 202,817
CITIGROUP INC COM 172967424 9,536 184,015 SH   SOLE   110,070 0 73,945
COMFORT SYS USA INC COM COM 199908104 481 35,505 SH   SOLE   13,505 0 22,000
COMPUTER TASK GROUP COM 205477102 833 75,008 SH   SOLE   53,208 0 21,800
CONCHO RESOURCES INC COM 20605P101 6,328 50,470 SH   SOLE   16,815 0 33,655
CONOCOPHILLIPS COM 20825C104 10,359 135,373 SH   SOLE   80,993 0 54,380
CONSOL ENERGY INC COM 20854P109 4,424 116,855 SH   SOLE   39,215 0 77,640
CONSUMER PORTFOLIO SVC COM COM 210502100 623 97,150 SH   SOLE   76,575 0 20,575
CORNING INC COM 219350105 5,548 286,855 SH   SOLE   171,360 0 115,495
COSTCO CORP COM 22160K105 9,486 75,695 SH   SOLE   25,010 0 50,685
COVENANT TRANSPORTATION COM 22284P105 1,536 82,630 SH   SOLE   65,128 0 17,502
COVIDIEN PLC COM G2554F113 6,668 77,075 SH   SOLE   24,765 0 52,310
CRA INTERNATIONAL COM 12618T105 1,646 64,743 SH   SOLE   50,993 0 13,750
CROSS COUNTRY HEALTH COM 227483104 1,695 182,435 SH   SOLE   127,106 0 55,329
CUMMINS INC COM 231021106 4,380 33,184 SH   SOLE   11,054 0 22,130
CVS HEALTH COM 126650100 10,640 133,690 SH   SOLE   44,280 0 89,410
DAKTRONICS INC COM COM 234264109 1,396 113,625 SH   SOLE   68,125 0 45,500
DELTA AIRLINES COM 247361702 6,501 179,825 SH   SOLE   107,350 0 72,475
DELTIC TIMBER CORP COM COM 247850100 461 7,405 SH   SOLE   2,880 0 4,525
DESTINATION XL COM 25065k104 822 174,100 SH   SOLE   135,300 0 38,800
DICE HOLDINGS INC COM 253017107 1,359 162,145 SH   SOLE   120,970 0 41,175
DIME COMMUNITY BANC COM 253922108 1,102 76,544 SH   SOLE   60,267 0 16,277
DISCOVER FINL SERVICES COM 254709108 20,199 313,695 SH   SOLE   134,815 0 178,880
DOW CHEMICAL COM 260543103 6,487 123,698 SH   SOLE   73,896 0 49,802
DUCOMMUN INC COM 264147109 1,464 53,397 SH   SOLE   38,216 0 15,181
EAGLE MATERIALS INC COM 26969P108 10,206 100,228 SH   SOLE   33,178 0 67,050
ECOLAB COM 278865100 11,283 98,255 SH   SOLE   33,113 0 65,142
ELECTRO SCIENTIFIC COM 285229100 1,162 171,160 SH   SOLE   105,010 0 66,150
ENCORE WIRE CORP COM COM 292562105 346 9,325 SH   SOLE   2,750 0 6,575
ENTEGRIS INC COM 29362U104 273 23,700 SH   SOLE   7,575 0 16,125
EOG RESOURCES COM 26875P101 6,548 66,130 SH   SOLE   22,130 0 44,000
ESSA BANCORP INC COM 29667D104 1,289 114,050 SH   SOLE   77,925 0 36,125
ETHAN ALLEN INTERIORS COM COM 297602104 410 17,975 SH   SOLE   7,250 0 10,725
EXFO INC COM 302046107 1,875 448,076 SH   SOLE   288,776 0 159,300
FACEBOOK INC-A COM 30303M102 16,684 211,080 SH   SOLE   68,785 0 142,295
FEDERAL AGRIC MTG CORP CL C COM 313148306 937 29,157 SH   SOLE   22,957 0 6,200
FINANCIAL INSTNS INC COM COM 317585404 1,667 74,175 SH   SOLE   45,650 0 28,525
FIRST FINANCIAL COM 320218100 1,938 62,622 SH   SOLE   39,097 0 23,525
FIRST INTERNET BANC COM 320557101 1,285 79,730 SH   SOLE   57,955 0 21,775
FIRST NBC BANK COM 32115D106 2,310 70,542 SH   SOLE   44,649 0 25,893
FISERV INC COM 337738108 11,122 172,070 SH   SOLE   58,375 0 113,695
FORESTAR REAL ESTATE GROUP COM 346233109 388 21,910 SH   SOLE   8,935 0 12,975
FREEPORT-MCMORAN COM 35671D857 4,976 152,395 SH   SOLE   91,145 0 61,250
FREIGHTCAR AMER INC COM COM 357023100 2,011 60,393 SH   SOLE   38,066 0 22,327
FXCM INC A COM 302693106 417 26,330 SH   SOLE   10,680 0 15,650
GAIN CAPITAL HOLDINGS COM 36268W100 1,374 215,650 SH   SOLE   151,400 0 64,250
GENERAL DYNAMICS COM 369550108 10,880 85,608 SH   SOLE   51,223 0 34,385
GENERAL ELEC CO COM COM 369604103 18,814 734,355 SH   SOLE   438,630 0 295,725
GENERAL MOTORS CO COM 37045V100 4,441 139,035 SH   SOLE   83,155 0 55,880
GIBRALTAR INDUSTRIES COM 374689107 1,696 123,905 SH   SOLE   77,240 0 46,665
GILEAD SCIENCES COM 375558103 14,271 134,065 SH   SOLE   43,980 0 90,085
GLADSTONE CAPITAL COM 376535100 574 65,402 SH   SOLE   51,551 0 13,851
GLATFELTER COM 377316104 321 14,615 SH   SOLE   4,665 0 9,950
GLOBAL CASH ACCESS COM 378967103 1,581 234,180 SH   SOLE   149,380 0 84,800
GLOBAL POWER EQUIPMENT COM 37941P306 1,534 102,960 SH   SOLE   63,360 0 39,600
GOLDMAN SACHS COM 38141G104 12,404 67,572 SH   SOLE   40,379 0 27,193
GOODRICH PETE CORP COM NEW COM 382410405 182 12,270 SH   SOLE   4,870 0 7,400
GOOGLE A COM 38259P508 10,688 18,164 SH   SOLE   5,919 0 12,245
GOOGLE C COM 38259P706 12,047 20,865 SH   SOLE   7,070 0 13,795
GREAT LAKES DREDGE & DOCK COM 390607109 1,509 244,180 SH   SOLE   151,300 0 92,880
GULF ISLAND FABRICATN COM COM 402307102 758 44,050 SH   SOLE   34,750 0 9,300
HALLIBURTON CO COM 406216101 10,886 168,745 SH   SOLE   54,880 0 113,865
HANMI FINANCIAL CORP COM 410495204 1,614 80,074 SH   SOLE   54,955 0 25,119
HARDINGE INC COM COM 412324303 1,369 125,170 SH   SOLE   85,870 0 39,300
HARTFORD FINANCIAL SERVICES COM 416515104 7,958 213,631 SH   SOLE   127,765 0 85,866
HELIX ENERGY SOLUTIONS COM 42330P107 305 13,840 SH   SOLE   5,440 0 8,400
HELMERICH & PAYNE COM 423452101 5,158 52,700 SH   SOLE   31,475 0 21,225
HERITAGE FINANCIAL GROUP COM 42726x102 1,515 75,025 SH   SOLE   53,450 0 21,575
HERSHA HOSPITALITY TRUST COM 427825104 370 58,092 SH   SOLE   24,267 0 33,825
HEWLETT-PACKARD CO COM 428236103 9,412 265,359 SH   SOLE   158,798 0 106,561
HILL INTERNATIONAL COM 431466101 1,579 394,850 SH   SOLE   269,525 0 125,325
HOME DEPOT INC COM 437076102 8,666 94,465 SH   SOLE   30,280 0 64,185
HOOKER FURNITURE CORP COM 439038100 1,229 80,814 SH   SOLE   63,664 0 17,150
IDEX CORP COM 45167R104 389 5,375 SH   SOLE   2,950 0 2,425
IMPAX LABORATORIES INC COM COM 45256B101 330 13,906 SH   SOLE   5,581 0 8,325
INDEPENDENT BANK CORP MA COM 453836108 1,249 34,965 SH   SOLE   22,629 0 12,336
INDEPENDENT BANK CORP MI COM 453838609 875 73,400 SH   SOLE   57,850 0 15,550
INTEL CORP COM 458140100 11,796 338,760 SH   SOLE   202,390 0 136,370
INTERCEPT PHARMACEUTICALS COM 45845P108 1,139 4,811 SH   SOLE   1,551 0 3,260
ITT CORP COM 450911201 558 12,425 SH   SOLE   8,000 0 4,425
IXYS CORP COM 46600W106 1,356 129,155 SH   SOLE   88,855 0 40,300
JMP GROUP COM 46629U107 1,003 160,035 SH   SOLE   107,238 0 52,797
JOHNSON & JOHNSON COM 478160104 11,230 105,360 SH   SOLE   35,435 0 69,925
JOHNSON CONTROLS COM 478366107 5,491 124,805 SH   SOLE   74,530 0 50,275
KEY ENERGY SERVICES INC COM 492914106 288 59,485 SH   SOLE   22,535 0 36,950
KEYCORP COM 493267108 7,343 550,841 SH   SOLE   329,415 0 221,426
KIMBALL INTL B COM 494274103 578 38,430 SH   SOLE   30,296 0 8,134
KIRBY CORP COM 497266106 9,099 77,208 SH   SOLE   25,478 0 51,730
KIRKLANDS INC COM COM 497498105 1,537 95,420 SH   SOLE   60,195 0 35,225
KROGER CO COM 501044101 4,952 95,235 SH   SOLE   56,854 0 38,381
LA Z BOY INC COM 505336107 381 19,250 SH   SOLE   7,775 0 11,475
LASALLE HOTEL PROPERTIES COM 517942108 509 14,860 SH   SOLE   8,485 0 6,375
LEXINGTON REALTY TRUST COM 529043101 313 32,021 SH   SOLE   13,621 0 18,400
LHC GROUP COM 50187A107 210 9,050 SH   SOLE   2,875 0 6,175
LIONS GATE ENTERTAINMENT COM 535919203 6,014 182,410 SH   SOLE   61,880 0 120,530
LORILLARD INC COM 544147101 2,793 46,620 SH   SOLE   15,460 0 31,160
LSB INDUSTRIES COM 502160104 347 9,717 SH   SOLE   3,892 0 5,825
MACY'S INC COM 55616P104 8,268 142,110 SH   SOLE   66,210 0 75,900
MAINSOURCE FINANCIAL COM 56062Y102 2,205 127,850 SH   SOLE   81,575 0 46,275
MARATHON PETROLEUM CORP COM 56585A102 5,061 59,770 SH   SOLE   35,730 0 24,040
MARRIOTT INTERNATIONAL A COM 571903202 10,553 150,975 SH   SOLE   51,635 0 99,340
MARTEN TRANS LTD COM 573075108 890 49,982 SH   SOLE   30,632 0 19,350
MCKESSON CORP COM 58155Q103 11,184 57,451 SH   SOLE   19,251 0 38,200
MEADOWBROOK INSURANCE COM 58319P108 1,426 243,785 SH   SOLE   167,735 0 76,050
META FINANCIAL GROUP COM 59100U108 1,435 40,707 SH   SOLE   28,510 0 12,197
MICROSOFT CORP COM 594918104 26,425 569,995 SH   SOLE   231,075 0 338,920
MONARCH FINANCIAL COM 60907Q100 1,648 131,225 SH   SOLE   93,425 0 37,800
MVC CAPITAL INC COM 553829102 548 50,947 SH   SOLE   40,156 0 10,791
NOBLE ENERGY INC COM 655044105 384 5,620 SH   SOLE   2,945 0 2,675
NORFOLK SOUTHERN CORP COM 655844108 11,172 100,107 SH   SOLE   59,795 0 40,312
NORTH AMERICAN ENERGY COM 656844107 1,346 208,960 SH   SOLE   143,360 0 65,600
NORTHRIM BANCORP INC COM 666762109 872 32,995 SH   SOLE   25,995 0 7,000
NORTHWEST PIPE CO COM COM 667746101 1,279 37,495 SH   SOLE   24,545 0 12,950
NXP SEMICONDUCTORS COM N6596X109 9,167 133,963 SH   SOLE   45,238 0 88,725
OCCIDENTAL PETROLEUM COM 674599105 9,503 98,830 SH   SOLE   59,100 0 39,730
OLD DOMINION FREIGHT LINE COM 679580100 8,925 126,350 SH   SOLE   40,870 0 85,480
OLD NATIONAL BANCORP COM 680033107 412 31,765 SH   SOLE   12,465 0 19,300
OPLINK COMMUNICATIONS INC COM 68375Q403 1,486 88,360 SH   SOLE   60,435 0 27,925
ORION MARINE GROUP COM 68628V308 1,173 117,524 SH   SOLE   84,074 0 33,450
PALO ALTO NETWORKS INC COM 697435105 4,523 46,103 SH   SOLE   15,973 0 30,130
PEPSICO INC COM 713448108 15,725 168,920 SH   SOLE   54,575 0 114,345
PERICOM SEMICONDUCTOR COM 713831105 1,222 125,490 SH   SOLE   98,915 0 26,575
PERRY ELLIS COM 288853104 1,364 67,045 SH   SOLE   46,345 0 20,700
PETROQUEST ENERGY COM 716748108 1,351 240,479 SH   SOLE   155,779 0 84,700
PFIZER INC COM 717081103 458 15,505 SH   SOLE   7,950 0 7,555
PHOTRONICS COM 719405102 1,590 197,553 SH   SOLE   133,800 0 63,753
PLANTRONICS INC NEW COM COM 727493108 388 8,125 SH   SOLE   3,300 0 4,825
PLEXUS CORP COM 729132100 278 7,525 SH   SOLE   2,400 0 5,125
PNC FINANCIAL SERVICES GROUP COM 693475105 7,451 87,070 SH   SOLE   52,485 0 34,585
PORTLAND GENERAL ELECTRIC COM 736508847 505 15,736 SH   SOLE   7,961 0 7,775
POWELL INDS INC COM COM 739128106 292 7,150 SH   SOLE   2,275 0 4,875
PRICELINE GROUP COM 741503403 11,421 9,858 SH   SOLE   3,205 0 6,653
PRINCIPAL FINANCIAL GROUP COM 74251V102 4,733 90,201 SH   SOLE   54,006 0 36,195
PRUDENTIAL FINANCIAL COM 744320102 7,343 83,500 SH   SOLE   49,975 0 33,525
QLOGIC CORP COM 747277101 330 36,050 SH   SOLE   14,050 0 22,000
QUALCOMM INC COM 747525103 416 5,565 SH   SOLE   3,465 0 2,100
REGIONS FINANCIAL COM 7591EP100 4,122 410,581 SH   SOLE   245,553 0 165,028
RUBY TUESDAY INC COM 781182100 1,418 240,735 SH   SOLE   165,535 0 75,200
RUDOLPH TECHNOLOGIES COM 781270103 1,326 146,484 SH   SOLE   90,721 0 55,763
RYDER SYSTEM INC COM 783549108 611 6,795 SH   SOLE   4,445 0 2,350
SAFEGUARD SCIENTIFICS COM 786449207 1,070 58,155 SH   SOLE   40,905 0 17,250
SALIX PHARMACEUTICALS LTD COM 795435106 7,794 49,885 SH   SOLE   16,460 0 33,425
SANDISK CORP COM 80004C101 4,546 46,412 SH   SOLE   16,447 0 29,965
SARATOGA INVEST CORP COM 80349A208 332 20,700 SH   SOLE   16,339 0 4,361
SBA COMMUNICATIONS A COM 78388J106 7,502 67,646 SH   SOLE   23,381 0 44,265
SCHLUMBERGER LTD COM 806857108 10,503 103,280 SH   SOLE   33,800 0 69,480
SEAGATE TECHNOLOGY COM G7945M107 3,871 67,590 SH   SOLE   40,460 0 27,130
SI FINANCIAL GROUP COM 78425V104 1,501 134,175 SH   SOLE   93,600 0 40,575
SIMMONS FIRST NATIONAL A COM 828730200 1,281 33,253 SH   SOLE   26,206 0 7,047
SNAP-ON INC COM 833034101 10,895 89,985 SH   SOLE   30,590 0 59,395
SPARTAN MOTORS INC COM 846819100 1,719 368,135 SH   SOLE   254,110 0 114,025
SPARTANNASH COM 847215100 2,215 113,898 SH   SOLE   82,588 0 31,310
SPOK HOLDINGS COM 84863T106 570 43,820 SH   SOLE   34,537 0 9,283
STARBUCKS CORP COM 855244109 6,968 92,335 SH   SOLE   30,430 0 61,905
STEIN MART INC COM 858375108 1,705 147,632 SH   SOLE   92,682 0 54,950
STERLING CONSTRUCTION COM 859241101 1,432 186,705 SH   SOLE   129,930 0 56,775
SUPERIOR UNIFORM GROUP COM 868358102 775 35,802 SH   SOLE   28,175 0 7,627
SUSQUEHANNA BKSHS PA COM COM 869099101 346 34,575 SH   SOLE   11,050 0 23,525
SYMANTEC CORP COM 871503108 4,143 176,230 SH   SOLE   105,280 0 70,950
SYNERGETICS USA COM 87160G107 966 283,374 SH   SOLE   200,906 0 82,468
TABLEAU SOFTWARE COM 87336U105 3,575 49,205 SH   SOLE   15,485 0 33,720
TEAM HEALTH HOLDINGS COM 87817A107 203 3,500 SH   SOLE   3,500 0 0
TERRITORIAL BANCORP INC COM 88145X108 1,253 61,740 SH   SOLE   44,390 0 17,350
TESCO CORP COM 88157K101 1,364 68,719 SH   SOLE   54,129 0 14,590
TESORO CORP COM 881609101 5,829 95,595 SH   SOLE   32,930 0 62,665
THE TRAVELERS CO COM 89417E109 7,837 83,423 SH   SOLE   49,923 0 33,500
THERMO FISHER SCIENTIFIC COM 883556102 7,240 59,491 SH   SOLE   19,871 0 39,620
TRAVELCENTERS OF AMERICA COM 894174101 2,413 244,255 SH   SOLE   158,055 0 86,200
TTM TECHNOLOGIES COM 87305R109 331 48,618 SH   SOLE   19,218 0 29,400
TYSON FOODS A COM 902494103 4,757 120,840 SH   SOLE   72,215 0 48,625
ULTA SALON COSMETICS & FRAGR COM 90384S303 6,891 58,315 SH   SOLE   18,885 0 39,430
UNION PACFIC CORP COM 907818108 13,063 120,485 SH   SOLE   39,915 0 80,570
UNITED CMNTY FINL OHIO COM COM 909839102 1,469 313,870 SH   SOLE   222,895 0 90,975
UNITED CONTINENTAL HOLDINGS COM 910047109 6,867 146,755 SH   SOLE   50,430 0 96,325
UNITED RENTALS INC COM 911363109 9,754 87,795 SH   SOLE   30,050 0 57,745
UNITEDHEALTH GROUP COM 91324P102 6,149 71,295 SH   SOLE   24,045 0 47,250
UNIVERSAL HEALTH SERVICES-B COM 913903100 6,053 57,920 SH   SOLE   18,660 0 39,260
UNIVERSAL STAINLESS COM COM 913837100 785 29,775 SH   SOLE   19,675 0 10,100
UNUM GROUP COM 91529Y106 6,425 186,869 SH   SOLE   111,741 0 75,128
US BANCORP COM 902973304 776 18,550 SH   SOLE   9,725 0 8,825
US SILICA HOLDINGS COM 90346E103 4,468 71,475 SH   SOLE   25,505 0 45,970
VALSPAR CORP COM 920355104 8,896 112,625 SH   SOLE   37,135 0 75,490
VISA INC A COM 92826C839 13,195 61,840 SH   SOLE   20,370 0 41,470
VOXX INTERNATIONAL COM 91829F104 1,104 118,696 SH   SOLE   83,115 0 35,581
VULCAN MATERIALS CO COM 929160109 2,613 43,380 SH   SOLE   14,250 0 29,130
WALT DISNEY CO COM 254687106 11,931 134,013 SH   SOLE   42,733 0 91,280
WASHINGTON TRUST BANCORP COM 940610108 1,234 37,396 SH   SOLE   29,463 0 7,933
WAYSIDE TECHNOLOGY GROUP COM 946760105 606 38,330 SH   SOLE   30,205 0 8,125
WCI COMMUNITIES INC COM 92923C807 1,737 94,195 SH   SOLE   57,495 0 36,700
WELLPOINT INC COM 94973V107 8,744 73,094 SH   SOLE   43,753 0 29,341
WELLS FARGO CO COM 949746101 17,179 331,195 SH   SOLE   196,455 0 134,740
WEST MARINE INC COM COM 954235107 1,194 132,680 SH   SOLE   94,955 0 37,725
WESTELL TECHNOLOGIES A COM 957541105 918 499,020 SH   SOLE   341,620 0 157,400
WHITEWAVE FOODS CO - A COM 966244105 8,492 233,740 SH   SOLE   79,910 0 153,830
WILLBROS GROUP COM 969203108 1,337 160,560 SH   SOLE   102,694 0 57,866
WILLIAMS-SONOMA INC COM 969904101 3,343 50,215 SH   SOLE   16,645 0 33,570
WISCONSIN ENERGY COM 976657106 6,059 140,915 SH   SOLE   47,725 0 93,190
ZAGG INC COM 98884U108 875 156,820 SH   SOLE   123,595 0 33,225
BP PLC ADR ADR 055622104 8,927 203,121 SH   SOLE   121,511 0 81,610
ROYAL DUTCH SHELL PLC ADR ADR 780259107 8,734 110,390 SH   SOLE   66,030 0 44,360
TEVA PHARMA ADR ADR 881624209 7,507 139,669 SH   SOLE   83,405 0 56,264