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 COM 88579Y101 2,039,986 10,370 SH   SOLE   7,670 0 2,700
ABAXIS INC COM 002567105 112,064 1,350 SH   SOLE   1,350 0 0
ABB LTD-REG COM 007108899 1,123,598 51,390 SH   SOLE   0 0 51,390
ABBVIE INC. COM 00287Y109 2,103,155 22,700 SH   SOLE   17,500 0 5,200
ACTIVISION BLIZZARD COM 00507V109 565,531 7,410 SH   SOLE   5,510 0 1,900
ADECCO GROUP AG-REG COM 007110720 484,661 8,190 SH   SOLE   0 0 8,190
AEON MALL CO LTD COM 006534202 406,031 22,600 SH   SOLE   0 0 22,600
AES CORP COM 00130H105 3,266,676 243,600 SH   SOLE   180,700 0 62,900
AFFILIATED MGRS GP COM 008252108 297,340 2,000 SH   SOLE   1,500 0 500
AGNC INVESTMENT CORP COM 00123Q104 1,859,930 100,050 SH   SOLE   74,650 0 25,400
AIA GROUP LTD COM 00B4TX8S1 7,870 900 SH   SOLE   0 0 900
AIR LIQUIDE SA COM 00B1YXBJ7 425,647 3,385 SH   SOLE   0 0 3,385
AIR PROD & CHEM. COM 009158106 171,303 1,100 SH   SOLE   1,100 0 0
AKZO NOBEL COM 005458314 556,174 6,497 SH   SOLE   0 0 6,497
ALEXION PHARM. COM 015351109 68,283 550 SH   SOLE   550 0 0
ALLETE INC COM COM 018522300 565,093 7,300 SH   SOLE   5,800 0 1,500
ALLIANCE BERNSTEIN COM 01881G106 619,535 21,700 SH   SOLE   21,700 0 0
ALLIANCE DATA SYSTEMS COM 018581108 104,940 450 SH   SOLE   450 0 0
ALLIANZ SE-REG COM 005231485 351,769 1,702 SH   SOLE   0 0 1,702
ALLSTATE CORP. COM 020002101 164,286 1,800 SH   SOLE   1,800 0 0
ALLY FINANCIAL INC COM 02005N100 454,996 17,320 SH   SOLE   12,820 0 4,500
ALPHABET INC. CL A COM 02079K305 2,766,516 2,450 SH   SOLE   1,850 0 600
ALPHABET INC. CL C COM 02079K107 1,751,571 1,570 SH   SOLE   1,220 0 350
ALTRIA GROUP COM 02209S103 1,990,490 35,050 SH   SOLE   26,000 0 9,050
AMADEUS IT GROUP SA COM 00B3MSM28 472,532 5,987 SH   SOLE   0 0 5,987
AMAZON COM COM 023135106 4,215,504 2,480 SH   SOLE   1,980 0 500
AMCOR LIMITED COM 006066608 618,591 58,101 SH   SOLE   0 0 58,101
AMERICAN TOWER CORP. COM 03027X100 2,734,905 18,970 SH   SOLE   14,470 0 4,500
AMERICAN WTR WKS CO COM 030420103 153,684 1,800 SH   SOLE   1,800 0 0
AMERIPRISE FINANCIAL COM 03076C106 1,057,493 7,560 SH   SOLE   5,610 0 1,950
AMERISAFE INC COM 03071H100 28,875 500 SH   SOLE   500 0 0
AMGEN INC. COM 031162100 406,098 2,200 SH   SOLE   1,600 0 600
AMN HEALTHCARE SVC COM 001744101 35,160 600 SH   SOLE   600 0 0
ANADARKO PETE CORP. COM 032511107 153,825 2,100 SH   SOLE   2,100 0 0
ANDEAVOR COM 03349M105 39,354 300 SH   SOLE   300 0 0
ANSYS INC COM 03662Q105 26,127 150 SH   SOLE   150 0 0
ANTHEM INC. COM 036752103 202,326 850 SH   SOLE   850 0 0
AON CORP COM G0408V102 1,179,662 8,600 SH   SOLE   0 0 8,600
APACHE CORP. COM 037411105 2,085,985 44,620 SH   SOLE   33,120 0 11,500
APPLE INC. COM 037833100 3,093,188 16,710 SH   SOLE   13,010 0 3,700
APPLIED INDL TECH COM 03820C105 126,270 1,800 SH   SOLE   1,800 0 0
APPLIED MATLS INC. COM 038222105 2,368,623 51,280 SH   SOLE   38,980 0 12,300
APTIV PLC COM G6095L109 517,710 5,650 SH   SOLE   0 0 5,650
ARCH CAPITAL GP LTD. COM G0450A105 952,560 36,000 SH   SOLE   0 0 36,000
ARES CAP CORP COM 04010L103 395,606 24,049 SH   SOLE   17,849 0 6,200
ASPEN TECHNOLOGY COM 045327103 217,939 2,350 SH   SOLE   2,350 0 0
AT&T INC. COM 00206R102 72,248 2,250 SH   SOLE   2,250 0 0
ATHENAHEALTH INC COM 04685W103 111,398 700 SH   SOLE   700 0 0
AUST & NZ BNKG ADR 052528304 652,945 31,100 SH   SOLE   0 0 31,100
AUTOLIV INC-SWED DEP RECE COM 005247374 316,643 3,073 SH   SOLE   0 0 3,073
AXIS CAPITAL HDS COM G0692U109 906,606 16,300 SH   SOLE   0 0 16,300
BAE SYS PLC ADR 05523R107 1,315,560 38,000 SH   SOLE   0 0 38,000
BAIDU COM INC ADR 056752108 364,500 1,500 SH   SOLE   0 0 1,500
BANCO BILBAO VIZCAYA ARGE COM 005501906 420,034 59,229 SH   SOLE   0 0 59,229
BANDAI NAMCO HOLDINGS INC COM 00B0JDQD4 1,039,715 25,200 SH   SOLE   0 0 25,200
BANK OF AMERICA COM 060505104 54,971 1,950 SH   SOLE   1,950 0 0
BANK OF THE OZARKS COM 063904106 132,868 2,950 SH   SOLE   0 0 2,950
BAXTER INTL INC. COM 071813109 3,507,400 47,500 SH   SOLE   35,200 0 12,300
BAYER AG-REG COM 005069211 1,248,756 11,336 SH   SOLE   0 0 11,336
BEAZER HOMES USA COM 07556Q881 12,243 830 SH   SOLE   830 0 0
BECTON DICKINSON & CO COM 075887109 2,139,271 8,930 SH   SOLE   8,930 0 0
BEIERSDORF AG COM 005107401 548,135 4,828 SH   SOLE   0 0 4,828
BEST BUY INC. COM 086516101 708,510 9,500 SH   SOLE   7,100 0 2,400
BIO-TECHNE CORP COM 09073M104 44,385 300 SH   SOLE   300 0 0
BLACK HILLS CORP COM 092113109 385,623 6,300 SH   SOLE   4,700 0 1,600
BLACKSTONE MORTGAGE TRU-C COM 09257W100 484,965 15,430 SH   SOLE   11,430 0 4,000
BOEING CO. COM 097023105 2,824,994 8,420 SH   SOLE   6,220 0 2,200
BOOKING HOLDINGS INC. COM 09857L108 101,355 50 SH   SOLE   50 0 0
BRISTOL MYERS SQUIBB COM 110122108 2,373,533 42,890 SH   SOLE   31,790 0 11,100
BRITISH AMERICAN TOBACCO COM 000287580 22,805 451 SH   SOLE   0 0 451
BROADCOM LTD COM Y09827109 1,285,992 5,300 SH   SOLE   0 0 5,300
BUCKEYE PARTNERS LP COM 118230101 270,655 7,700 SH   SOLE   5,700 0 2,000
CA INC. COM 12673P105 397,141 11,140 SH   SOLE   8,240 0 2,900
CABOT OIL & GAS COM 127097103 2,288,132 96,140 SH   SOLE   71,340 0 24,800
CANADIAN NATL RAILWAY CO COM 002180632 776,567 9,500 SH   SOLE   0 0 9,500
CANADIAN PACIFIC RAILWAY COM 002793115 494,495 2,700 SH   SOLE   0 0 2,700
CARDINAL HEALTH INC COM 14149Y108 340,345 6,970 SH   SOLE   5,420 0 1,550
CARLSBERG AS-B COM 004169219 564,392 4,792 SH   SOLE   0 0 4,792
CASEYS GEN STORES COM 147528103 110,334 1,050 SH   SOLE   1,050 0 0
CATALENT INC COM 148806102 436,075 10,410 SH   SOLE   7,710 0 2,700
CATHAY GENERAL BANCORP COM 149150104 356,312 8,800 SH   SOLE   6,500 0 2,300
CAVCO INDS INC COM 149568107 51,913 250 SH   SOLE   250 0 0
CBOE HOLDINGS INC COM 12503M108 300,762 2,890 SH   SOLE   2,140 0 750
CENTERPOINT ENERGY INC COM 15189T107 127,466 4,600 SH   SOLE   4,600 0 0
CENTURYLINK INC. COM 156700106 449,783 24,130 SH   SOLE   17,930 0 6,200
CGI GROUP INC - CL A COM 002159740 1,006,978 15,900 SH   SOLE   0 0 15,900
CHARLES SCHWAB COM 808513105 183,960 3,600 SH   SOLE   3,600 0 0
CHASE CORP COM 16150R104 29,313 250 SH   SOLE   250 0 0
CHEFS' WAREHOUSE INC COM 163086101 34,200 1,200 SH   SOLE   1,200 0 0
CHESAPEAKE UTILITIES CORP COM 165303108 23,985 300 SH   SOLE   300 0 0
CHIPOTLE MEXICAN GRILL COM 169656105 86,274 200 SH   SOLE   200 0 0
CIGNA CORP. COM 125509109 2,192,355 12,900 SH   SOLE   9,600 0 3,300
CINTAS CORP COM 172908105 148,056 800 SH   SOLE   800 0 0
CISCO SYSTEMS COM 17275R102 75,303 1,750 SH   SOLE   1,750 0 0
CIT GROUP INC COM 125581801 383,620 7,610 SH   SOLE   5,610 0 2,000
CITIGROUP INC. COM 172967424 5,955,880 89,000 SH   SOLE   66,000 0 23,000
CITIZENS FINANCIAL GROUP COM 174610105 1,304,317 33,530 SH   SOLE   24,880 0 8,650
CME GROUP COM 12572Q105 73,764 450 SH   SOLE   450 0 0
COCA COLA COMPANY COM 191216100 67,983 1,550 SH   SOLE   1,550 0 0
COGNIZANT TECH. COM 192446102 2,519,781 31,900 SH   SOLE   23,700 0 8,200
COHERENT INC COM 192479103 46,926 300 SH   SOLE   300 0 0
COLGATE PALMOLIVE COM 194162103 178,228 2,750 SH   SOLE   2,750 0 0
COMCAST CORP-Cl A COM 20030N101 1,585,379 48,320 SH   SOLE   48,320 0 0
COMPASS GROUP PLC COM 00BD6K457 1,216,644 56,937 SH   SOLE   0 0 56,937
COMPASS MINERALS INTL COM 20451N101 26,300 400 SH   SOLE   400 0 0
CONAGRA INC. COM 205887102 443,767 12,420 SH   SOLE   9,220 0 3,200
CONCHO RESOURCES COM 20605P101 789,979 5,710 SH   SOLE   4,210 0 1,500
CONOCOPHILLIPS COM 20825C104 271,518 3,900 SH   SOLE   3,900 0 0
CONTINENTAL RESOURCES COM 212015101 67,998 1,050 SH   SOLE   1,050 0 0
COPART INC COM 217204106 42,420 750 SH   SOLE   750 0 0
CREDIT SAISON CO LTD COM 006591809 305,454 19,400 SH   SOLE   0 0 19,400
CROWN CASTLE INTL COM 22822V101 2,458,296 22,800 SH   SOLE   16,900 0 5,900
CULLEN FROST BANKERS COM 229899109 97,416 900 SH   SOLE   900 0 0
CUMMINS INC COM 231021106 2,287,600 17,200 SH   SOLE   12,800 0 4,400
CVS CAREMARK CORP COM 126650100 332,690 5,170 SH   SOLE   3,870 0 1,300
CYS INVESTMENTS INC. COM 12673A108 335,400 44,720 SH   SOLE   33,220 0 11,500
D R HORTON INC. COM 23331A109 137,350 3,350 SH   SOLE   3,350 0 0
DANAHER CORP COM 235851102 187,492 1,900 SH   SOLE   1,900 0 0
DANONE COM 00B1Y9TB3 480,135 6,541 SH   SOLE   0 0 6,541
DBS GROUP HOLDINGS LTD COM 006175203 1,604,211 82,200 SH   SOLE   0 0 82,200
DELTA AIR LINES COM 247361702 2,255,556 45,530 SH   SOLE   33,730 0 11,800
DENSO CORP COM 006640381 610,752 12,500 SH   SOLE   0 0 12,500
DEUTSCHE BOERSE AG COM 007021963 693,035 5,200 SH   SOLE   0 0 5,200
DEVON ENERGY (NEW) COM 25179M103 445,315 10,130 SH   SOLE   7,530 0 2,600
DIAGEO PLC COM 000237400 868,064 24,155 SH   SOLE   0 0 24,155
DIEBOLD INC COM 253651103 7,170 600 SH   SOLE   600 0 0
DIGITAL RLTY TR COM 253868103 2,551,835 22,870 SH   SOLE   17,320 0 5,550
DISCOVER FINCL SERVICES COM 254709108 2,853,013 40,520 SH   SOLE   30,020 0 10,500
DISH NETWORK CORP CL A COM 25470M109 42,013 1,250 SH   SOLE   1,250 0 0
DISTRIBUIDORA INTERNACION COM 00B55ZR92 68,389 23,477 SH   SOLE   0 0 23,477
DOLLAR GEN CORP COM 256677105 73,950 750 SH   SOLE   750 0 0
DR PEPPER SNAPPLE GP COM 26138E109 1,636,020 13,410 SH   SOLE   9,910 0 3,500
EDISON INTERNATIONAL COM 281020107 2,757,939 43,590 SH   SOLE   32,390 0 11,200
EL PASO ELEC CO. COM 283677854 419,610 7,100 SH   SOLE   5,300 0 1,800
ELI LILLY & CO. COM 532457108 2,475,423 29,010 SH   SOLE   21,510 0 7,500
ELLIE MAE INC COM 28849P100 62,304 600 SH   SOLE   600 0 0
ENTERGY CORP. COM 29364G103 1,364,543 16,890 SH   SOLE   12,540 0 4,350
EOG RESOURCES INC. COM 26875P101 612,196 4,920 SH   SOLE   3,620 0 1,300
EQUINIX INC COM 29444U700 348,211 810 SH   SOLE   610 0 200
ERSTE GROUP BANK AG COM 005289837 387,263 9,278 SH   SOLE   0 0 9,278
ESSILOR INTERNATIONAL COM 007212477 239,402 1,696 SH   SOLE   0 0 1,696
EXELON CORP. COM 30161N101 3,463,380 81,300 SH   SOLE   60,300 0 21,000
EXPEDITORS INT'L COM 302130109 51,170 700 SH   SOLE   700 0 0
EXPRESS SCRIPTS HDG COM 30219G108 413,846 5,360 SH   SOLE   4,010 0 1,350
FACEBOOK INC. COM 30303M102 427,504 2,200 SH   SOLE   2,200 0 0
FACTSET RESH SYS COM 303075105 148,575 750 SH   SOLE   750 0 0
FAMILYMART UNY HOLDINGS C COM 006331276 968,465 9,200 SH   SOLE   0 0 9,200
FANUC CORP COM 006356934 665,524 3,350 SH   SOLE   0 0 3,350
FIFTH THIRD BANCORP COM 316773100 2,286,242 79,660 SH   SOLE   59,060 0 20,600
FIRST ENERGY CORP COM 337932107 491,967 13,700 SH   SOLE   10,400 0 3,300
FIRST MERCHANTS CORP COM 320817109 106,720 2,300 SH   SOLE   2,300 0 0
FIRST REPUBLIC BANK/CA COM 33616C100 595,259 6,150 SH   SOLE   5,050 0 1,100
FNF GROUP COM 31620R303 433,759 11,530 SH   SOLE   8,530 0 3,000
FOMENTO ECONOMICO MEX-SP ADR 344419106 364,329 4,150 SH   SOLE   0 0 4,150
FORD MOTOR CO. COM 345370860 116,789 10,550 SH   SOLE   10,550 0 0
FOX FACTORY HOLDING CORP COM 35138V102 48,878 1,050 SH   SOLE   1,050 0 0
FRESENIUS SE & CO KGAA COM 004352097 766,324 9,540 SH   SOLE   0 0 9,540
FULTON FINL CORP. COM 360271100 343,200 20,800 SH   SOLE   15,400 0 5,400
GALLAGHER ARTHUR CO. COM 363576109 2,631,437 40,310 SH   SOLE   29,910 0 10,400
GEBERIT AG-REG COM 00B1WGG93 730,886 1,704 SH   SOLE   0 0 1,704
GENERAL MTRS CO COM 37045V100 45,310 1,150 SH   SOLE   1,150 0 0
GILEAD SCIENCES INC. COM 375558103 2,890,980 40,810 SH   SOLE   30,310 0 10,500
GLOBUS MEDICAL CL A COM 379577208 52,983 1,050 SH   SOLE   1,050 0 0
GRAMERCY PROPERTY TRUST COM 385002308 43,712 1,600 SH   SOLE   1,600 0 0
GRAPHIC PACKAGING HOLDING COM 388689101 25,393 1,750 SH   SOLE   1,750 0 0
GRIFOLS SA-ADR ADR 398438408 842,800 39,200 SH   SOLE   0 0 39,200
GROUPE BRUXELLES LAMBERT COM 007097328 406,838 3,858 SH   SOLE   0 0 3,858
GRUPO TELEVISA SA ADR 40049J206 210,345 11,100 SH   SOLE   0 0 11,100
HALLIBURTON CO. COM 406216101 2,069,606 45,930 SH   SOLE   45,930 0 0
HARTFORD FINCL. SRV COM 416515104 488,292 9,550 SH   SOLE   7,850 0 1,700
HASBRO INC. COM 418056107 124,619 1,350 SH   SOLE   1,350 0 0
HCA INC. COM 40412C101 790,020 7,700 SH   SOLE   5,700 0 2,000
HEALTHCARE REALTY COM 421946104 113,412 3,900 SH   SOLE   3,900 0 0
HEICO CORP-CLASS A COM 422806208 204,716 3,359 SH   SOLE   3,359 0 0
HEINEKEN NV COM 007792559 699,514 6,965 SH   SOLE   0 0 6,965
HELMERICH & PAYNE COM 423452101 797,638 12,510 SH   SOLE   9,260 0 3,250
HENKEL AG & CO KGAA VORZU COM 005076705 441,838 3,456 SH   SOLE   0 0 3,456
HERMES INTERNATIONAL COM 005253973 619,513 1,013 SH   SOLE   0 0 1,013
HESS CORP. COM 42809H107 4,115,742 61,530 SH   SOLE   45,630 0 15,900
HEXAGON AB-B SHS COM 00B1XFTL2 1,004,025 17,982 SH   SOLE   0 0 17,982
HOLOGIC INC COM 436440101 23,850 600 SH   SOLE   600 0 0
HOME DEPOT INC. COM 437076102 2,670,919 13,690 SH   SOLE   10,140 0 3,550
HONEYWELL INT'L COM 438516106 1,109,185 7,700 SH   SOLE   7,700 0 0
HOYA CORP COM 006441506 1,074,808 18,900 SH   SOLE   0 0 18,900
HUMANA INC. COM 444859102 44,645 150 SH   SOLE   150 0 0
HUNT J B TRANS SVCS COM 445658107 182,325 1,500 SH   SOLE   1,500 0 0
HUNTINGTON BANCSHARES COM 446150104 26,568 1,800 SH   SOLE   1,800 0 0
HUNTINGTON INGALLS INDUS COM 446413106 140,914 650 SH   SOLE   650 0 0
ICICI BK LTD ADR 45104G104 88,772 11,055 SH   SOLE   0 0 11,055
IDACORP COM 451107106 378,184 4,100 SH   SOLE   3,000 0 1,100
ILLINOIS TOOL INC. COM 452308109 2,067,017 14,920 SH   SOLE   11,120 0 3,800
ILLUMINA INC COM 452327109 167,574 600 SH   SOLE   600 0 0
IMPERIAL OIL LTD COM 002454241 59,797 1,800 SH   SOLE   0 0 1,800
IMPERIAL OIL LTD COM 453038408 628,425 18,900 SH   SOLE   0 0 18,900
ING GROEP NV-CVA COM 00BZ57390 1,093,047 75,940 SH   SOLE   0 0 75,940
INGREDION INC COM 457187102 2,136,510 19,300 SH   SOLE   14,400 0 4,900
INSURANCE AUSTRALIA GROUP COM 006271026 769,578 122,109 SH   SOLE   0 0 122,109
INT'L PAPER CO. COM 460146103 2,364,432 45,400 SH   SOLE   33,700 0 11,700
INTL CONSOLIDATED AIRLINE COM 00B5M6XQ7 40,326 4,600 SH   SOLE   0 0 4,600
INTUITIVE SURGICAL INC COM 46120E602 215,316 450 SH   SOLE   450 0 0
INVESTOR AB-B SHS COM 005679591 685,952 16,817 SH   SOLE   0 0 16,817
INVESTORS BANCORP INC COM 46146L101 342,772 26,800 SH   SOLE   19,900 0 6,900
ISS A/S COM 00BKJ9RT5 828,745 24,116 SH   SOLE   0 0 24,116
ITAU UNIBANCO HLDNG-PREF ADR 465562106 304,082 29,295 SH   SOLE   0 0 29,295
J & J SNACK FOODS COM 466032109 60,988 400 SH   SOLE   400 0 0
JAPAN TOBACCO INC COM 006474535 542,076 19,400 SH   SOLE   0 0 19,400
JARDINE LLOYD THOMPSON GR COM 000520337 15,344 908 SH   SOLE   0 0 908
JM SMUCKER CO COM 832696405 123,602 1,150 SH   SOLE   1,150 0 0
JOHNSON & JOHNSON COM 478160104 655,236 5,400 SH   SOLE   4,000 0 1,400
JPMORGAN CHASE & CO COM 46625H100 9,690,600 93,000 SH   SOLE   69,000 0 24,000
JULIUS BAER GROUP LTD COM 00B4R2R50 329,918 5,621 SH   SOLE   0 0 5,621
KAISER ALUMINUM CORP COM 483007704 93,699 900 SH   SOLE   900 0 0
KBC GROEP NV COM 004497749 294,589 3,816 SH   SOLE   0 0 3,816
KDDI CORP COM 006248990 689,579 25,200 SH   SOLE   0 0 25,200
KELLOGG CO COM 487836108 1,757,929 25,160 SH   SOLE   19,310 0 5,850
KEYCORP COM 493267108 2,922,207 149,550 SH   SOLE   111,650 0 37,900
KIA MOTORS CORP COM 006490928 69,838 2,523 SH   SOLE   0 0 2,523
KIMBERLY CLARK CORP. COM 494368103 2,328,014 22,100 SH   SOLE   16,350 0 5,750
KINGFISHER PLC COM 003319521 280,797 71,611 SH   SOLE   0 0 71,611
KOMATSU LTD COM 006496584 749,349 26,200 SH   SOLE   0 0 26,200
KROGER CO. COM 501044101 1,760,202 61,870 SH   SOLE   45,870 0 16,000
KUEHNE & NAGEL INTL AG-RE COM 00B142S60 391,426 2,605 SH   SOLE   0 0 2,605
L3 TECHNOLOGIES INC COM 502413107 115,392 600 SH   SOLE   600 0 0
LAM RESEARCH COM 512807108 2,238,408 12,950 SH   SOLE   9,600 0 3,350
LAUDER ESTEE COS. COM 518439104 2,741,075 19,210 SH   SOLE   14,210 0 5,000
LEAR CORP. COM 521865204 2,768,569 14,900 SH   SOLE   11,100 0 3,800
LEGRAND SA COM 00B11ZRK9 476,912 6,494 SH   SOLE   0 0 6,494
LENOVO GROUP LTD COM 006218089 84,508 156,000 SH   SOLE   0 0 156,000
LINDE AG COM 005740817 1,340,184 6,418 SH   SOLE   0 0 6,418
LITTELFUSE INC COM 537008104 114,090 500 SH   SOLE   500 0 0
LOCKHEED MARTIN COM 539830109 2,295,491 7,770 SH   SOLE   5,720 0 2,050
MARATHON OIL COM 565849106 1,618,736 77,600 SH   SOLE   57,600 0 20,000
MARATHON PETROLEUM CORP COM 56585A102 3,343,124 47,650 SH   SOLE   36,050 0 11,600
MARKETAXESS HOLDINGS COM 57060D108 168,181 850 SH   SOLE   850 0 0
MARSH & MCLENNON COM 571748102 2,477,133 30,220 SH   SOLE   22,420 0 7,800
MASTERCARD INC. COM 57636Q104 196,520 1,000 SH   SOLE   1,000 0 0
MAXIM INTERGRATED COM 57772K101 2,554,643 43,550 SH   SOLE   32,300 0 11,250
MCDONALDS CORP. COM 580135101 2,497,639 15,940 SH   SOLE   12,240 0 3,700
MCKESSON CORP COM 58155Q103 306,820 2,300 SH   SOLE   1,700 0 600
MEDTRONIC INC. COM G5960L103 102,732 1,200 SH   SOLE   0 0 1,200
MERCK & CO. INC. COM 58933Y105 279,220 4,600 SH   SOLE   4,600 0 0
MERCK KGAA COM 004741844 681,950 6,985 SH   SOLE   0 0 6,985
METLIFE INC COM 59156R108 2,974,828 68,230 SH   SOLE   50,630 0 17,600
MFA FINANCIAL INC. COM 55272X102 101,951 13,450 SH   SOLE   13,450 0 0
MICROSOFT CORP. COM 594918104 3,146,645 31,910 SH   SOLE   24,460 0 7,450
MOODYS CORP COM 615369105 2,831,296 16,600 SH   SOLE   12,300 0 4,300
MORNINGSTAR INC COM 617700109 89,775 700 SH   SOLE   700 0 0
MOSAIC CO. COM 61945C103 427,763 15,250 SH   SOLE   11,350 0 3,900
MTU AERO ENGINES AG COM 00B09DHL9 1,489,770 7,752 SH   SOLE   0 0 7,752
NASPERS LTD-N SHS COM 006622691 89,501 352 SH   SOLE   0 0 352
NATIONAL BANK HOLD-CL A COM 633707104 443,013 11,480 SH   SOLE   8,480 0 3,000
NATIONAL COMMERCE CORP COM 63546L102 27,780 600 SH   SOLE   600 0 0
NEKTAR THERAPEUTICS COM 640268108 21,974 450 SH   SOLE   450 0 0
NESTLE SA-REG COM 007123870 1,869,934 24,145 SH   SOLE   0 0 24,145
NETEASE COM INC ADR 64110W102 101,068 400 SH   SOLE   0 0 400
NEW ORIENTAL EDUCATIO-SP ADR 647581107 160,922 1,700 SH   SOLE   0 0 1,700
NEWMONT MINING COM 651639106 26,397 700 SH   SOLE   700 0 0
NOBLE ENERGY INC COM 655044105 1,246,442 35,330 SH   SOLE   26,180 0 9,150
NORTHROP GRUMMAN COM 666807102 2,153,900 7,000 SH   SOLE   5,200 0 1,800
NORTHWESTERN CORP COM 668074305 354,950 6,200 SH   SOLE   4,600 0 1,600
NOVOZYMES A/S-B SHARES COM 00B798FW0 1,185,691 23,375 SH   SOLE   0 0 23,375
NTT DOCOMO INC COM 006129277 410,258 16,100 SH   SOLE   0 0 16,100
NVE CORP COM 629445206 127,869 1,050 SH   SOLE   1,050 0 0
NVIDIA CORP COM 67066G104 272,435 1,150 SH   SOLE   1,150 0 0
OCCIDENTAL PETRO. COM 674599105 234,304 2,800 SH   SOLE   2,800 0 0
OLD DOMINION FGHT LINE COM 679580100 171,304 1,150 SH   SOLE   1,150 0 0
OLD REP INTL CORP. COM 680223104 71,676 3,600 SH   SOLE   3,600 0 0
OLLIE'S BARGAIN OUTLET HD COM 681116109 141,375 1,950 SH   SOLE   1,950 0 0
OLYMPUS CORP COM 006658801 213,560 5,700 SH   SOLE   0 0 5,700
ONO PHARMACEUTICAL CO LTD COM 006660107 300,109 12,800 SH   SOLE   0 0 12,800
ORION CORP COM 006896849 20,924 848 SH   SOLE   0 0 848
ORION CORP/REPUBLIC OF KO COM 00BDVLJ72 218,186 1,632 SH   SOLE   0 0 1,632
ORKLA ASA COM 00B1VQF42 373,732 42,662 SH   SOLE   0 0 42,662
OSHKOSH TRUCK CORP COM 688239201 105,480 1,500 SH   SOLE   1,500 0 0
OVERSEA-CHINESE BANKING C COM 00B0F9V20 594,165 69,600 SH   SOLE   0 0 69,600
PACKAGING CORP OF AMERICA COM 695156109 391,265 3,500 SH   SOLE   2,550 0 950
PALO ALTO NETWORKS INC COM 697435105 41,094 200 SH   SOLE   200 0 0
PANALPINA WELTTRANSPORT - COM 00B0KJTG5 456,549 3,358 SH   SOLE   0 0 3,358
PANHANDLE OIL AND GAS INC COM 698477106 21,010 1,100 SH   SOLE   1,100 0 0
PAR PACIFIC HOLDINGS COM 69888T207 20,856 1,200 SH   SOLE   1,200 0 0
PARGESA HOLDING SA-BR COM 00B0CDLF8 943,526 11,140 SH   SOLE   0 0 11,140
PARKER HANNIFIN COM 701094104 529,890 3,400 SH   SOLE   2,500 0 900
PARSLEY ENERGY INC COM 701877102 62,074 2,050 SH   SOLE   2,050 0 0
PARTNERS GROUP HOLDING AG COM 00B119QG0 1,246,996 1,702 SH   SOLE   0 0 1,702
PATTERSON ENERGY COM 703481101 330,480 18,360 SH   SOLE   13,660 0 4,700
PAYCOM SOFTWARE INC COM 70432V102 34,591 350 SH   SOLE   350 0 0
PAYPAL HOLDINGS INC COM 70450Y103 183,194 2,200 SH   SOLE   2,200 0 0
PEPSICO INC. COM 713448108 2,653,162 24,370 SH   SOLE   18,070 0 6,300
PERNOD RICARD SA COM 004682329 784,197 4,801 SH   SOLE   0 0 4,801
PFIZER INC. COM 717081103 59,862 1,650 SH   SOLE   1,650 0 0
PHIBRO ANIMAL HEALTH CORP COM 71742Q106 744,168 16,160 SH   SOLE   12,160 0 4,000
PIONEER NAT RES CO COM 723787107 474,992 2,510 SH   SOLE   1,910 0 600
PNM RES INC COM 69349H107 377,330 9,700 SH   SOLE   7,200 0 2,500
PORTLAND GENERAL ELECTRIC COM 736508847 1,026,668 24,010 SH   SOLE   18,010 0 6,000
PPG INDUSTRIES COM 693506107 332,973 3,210 SH   SOLE   2,410 0 800
PRAXAIR INC. COM 74005P104 1,820,307 11,510 SH   SOLE   8,510 0 3,000
PRESTIGE BRANDS HOLDINGS COM 74112D101 1,082,700 28,210 SH   SOLE   21,210 0 7,000
PRICESMART INC COM 741511109 40,725 450 SH   SOLE   450 0 0
PROLOGIS TR COM 74340W103 367,864 5,600 SH   SOLE   4,100 0 1,500
PUBLIC STORAGE INC COM 74460D109 2,724,589 12,010 SH   SOLE   8,910 0 3,100
PUBLIC SVC ENTER. COM 744573106 871,654 16,100 SH   SOLE   12,800 0 3,300
QUAKER CHEM CORP COM 747316107 23,231 150 SH   SOLE   150 0 0
RANDSTAD HOLDING NV COM 005228658 352,148 5,982 SH   SOLE   0 0 5,982
RAYONIER INC COM COM 754907103 30,952 800 SH   SOLE   800 0 0
RAYTHEON CO. COM 755111507 106,249 550 SH   SOLE   550 0 0
RBC BEARINGS INC COM 75524B104 51,524 400 SH   SOLE   400 0 0
RECKITT BENCKISER GROUP P COM 00B24CGK7 752,948 9,141 SH   SOLE   0 0 9,141
RECRUIT HOLDINGS CO LTD COM 00BQRRZ00 1,029,704 37,200 SH   SOLE   0 0 37,200
RED HAT INC COM 756577102 181,400 1,350 SH   SOLE   1,350 0 0
REED ELSEVIER NV COM 004148810 1,205,157 56,513 SH   SOLE   0 0 56,513
REED ELSEVIER PLC COM 00B2B0DG9 1,200,244 56,031 SH   SOLE   0 0 56,031
REGENERON PHARM. COM 75886F107 103,497 300 SH   SOLE   300 0 0
REGIONS FINANCIAL CORP COM 7591EP100 3,006,776 169,110 SH   SOLE   125,410 0 43,700
RIGHTMOVE PLC COM 00B2987V8 777,187 11,086 SH   SOLE   0 0 11,086
RINNAI CORP COM 006740582 299,896 3,400 SH   SOLE   0 0 3,400
ROCHE HOLDING AG-GENUSSCH COM 007110388 1,346,689 6,063 SH   SOLE   0 0 6,063
ROCKWELL INT'L COM 773903109 581,805 3,500 SH   SOLE   2,600 0 900
ROYAL BANK OF CANADA COM 002754383 1,147,590 15,250 SH   SOLE   0 0 15,250
ROYAL DUTCH SHELL A ADR 780259206 1,928,056 27,850 SH   SOLE   0 0 27,850
S & T BANCORP INC COM 783859101 30,268 700 SH   SOLE   700 0 0
SALESFORCE COM INC COM 79466L302 252,340 1,850 SH   SOLE   1,850 0 0
SANTEN PHARMACEUTICAL CO COM 006776606 540,432 31,000 SH   SOLE   0 0 31,000
SAP AG COM 004846288 1,584,713 13,717 SH   SOLE   0 0 13,717
SASOL LTD ADR 803866300 789,264 21,600 SH   SOLE   0 0 21,600
SEI INVESTMENTS CO. COM 784117103 425,136 6,800 SH   SOLE   5,100 0 1,700
SENIOR HOUSING PROP TRUST COM 81721M109 22,613 1,250 SH   SOLE   1,250 0 0
SERVICE CORP INT'L COM 817565104 25,053 700 SH   SOLE   700 0 0
SHENANDOAH TELECOMM COM 82312B106 24,525 750 SH   SOLE   750 0 0
SHIN-ETSU CHEMICAL CO LTD COM 006804585 1,016,135 11,400 SH   SOLE   0 0 11,400
SHUTTERSTOCK INC COM 825690100 28,476 600 SH   SOLE   600 0 0
SIMON PPTY GP COM 828806109 2,639,647 15,510 SH   SOLE   11,510 0 4,000
SINCLAIR BRDCASTinG GRP COM 829226109 24,113 750 SH   SOLE   750 0 0
SLEEP NUMBER CORP. COM 83125X103 20,314 700 SH   SOLE   700 0 0
SMITH & NEPHEW PLC COM 000922320 16,667 903 SH   SOLE   0 0 903
SMITHS GROUP PLC COM 00B1WY233 343,509 15,323 SH   SOLE   0 0 15,323
SODEXO COM 007062713 342,682 3,428 SH   SOLE   0 0 3,428
SONY FINANCIAL HOLDINGS I COM 00B249SN5 1,058,334 55,400 SH   SOLE   0 0 55,400
SOUTHWEST AIRLINES COM 844741108 101,760 2,000 SH   SOLE   2,000 0 0
SPIRE INC COM 84857L101 353,250 5,000 SH   SOLE   3,700 0 1,300
STAG INDUSTRIAL INC COM 85254J102 68,075 2,500 SH   SOLE   2,500 0 0
STANDARD CHARTERED PLC COM 000408284 15,380 1,682 SH   SOLE   0 0 1,682
STANLEY ELECTRIC CO LTD COM 006841106 1,013,551 29,700 SH   SOLE   0 0 29,700
STATE BANK FINANCIAL CORP COM 856190103 414,160 12,400 SH   SOLE   9,200 0 3,200
STEEL DYNAMICS INC COM 858119100 82,710 1,800 SH   SOLE   1,800 0 0
STRYKER CORP. COM 863667101 422,150 2,500 SH   SOLE   1,900 0 600
SUMITOMO METAL MINING CO COM 006858849 497,395 13,000 SH   SOLE   0 0 13,000
SUNCOR ENERGY INC COM 00B3NB1P2 150,481 3,700 SH   SOLE   0 0 3,700
SUNCOR ENERGY INC COM 867224107 1,200,060 29,500 SH   SOLE   0 0 29,500
SWEDBANK AB - A SHARES COM 004846523 367,327 17,133 SH   SOLE   0 0 17,133
SYNCHRONY FINANCIAL COM 87165B103 2,558,577 76,650 SH   SOLE   56,850 0 19,800
SYSCO COM 871829107 1,923,729 28,170 SH   SOLE   20,920 0 7,250
T ROWE PRICE GP COM 74144T108 420,246 3,620 SH   SOLE   2,620 0 1,000
T-MOBILE US INC COM 872590104 23,900 400 SH   SOLE   400 0 0
TAIWAN SEMICONDUCTOR ADR 874039100 106,024 2,900 SH   SOLE   0 0 2,900
TAPESTRY INC. COM 876030107 453,087 9,700 SH   SOLE   7,200 0 2,500
TE CONNECTIVITY LTD COM H84989104 1,355,403 15,050 SH   SOLE   0 0 15,050
TELEFONICA BRASIL-ADR ADR 87936R106 204,164 17,200 SH   SOLE   0 0 17,200
TERADYNE INC. COM 880770102 156,087 4,100 SH   SOLE   4,100 0 0
TERUMO CORP COM 006885074 395,567 6,900 SH   SOLE   0 0 6,900
TESLA MOTORS COM 88160R101 85,738 250 SH   SOLE   250 0 0
TEXAS INSTRS INC. COM 882508104 2,751,840 24,960 SH   SOLE   18,510 0 6,450
TEXAS ROADHOUSE INC COM 882681109 163,775 2,500 SH   SOLE   2,500 0 0
TJX COMPANIES INC. COM 872540109 1,257,328 13,210 SH   SOLE   9,810 0 3,400
TOKYO ELECTRON LTD COM 006895675 1,579,777 9,200 SH   SOLE   0 0 9,200
TORONTO-DOMINION BANK COM 002897222 1,203,141 20,800 SH   SOLE   0 0 20,800
TRAVELERS COMPANIES COM 89417E109 165,159 1,350 SH   SOLE   1,350 0 0
TTM TECHNOLOGIES INC COM 87305R109 25,564 1,450 SH   SOLE   1,450 0 0
TYSON FOOD CL A COM 902494103 2,471,715 35,900 SH   SOLE   26,600 0 9,300
UCB SA COM 005596991 478,499 6,086 SH   SOLE   0 0 6,086
UNILEVER PLC COM 00B10RZP7 281,982 5,095 SH   SOLE   0 0 5,095
UNILEVER PLC ADR 904767704 1,500,852 27,150 SH   SOLE   0 0 27,150
UNION PACIFIC CORP. COM 907818108 2,918,608 20,600 SH   SOLE   15,300 0 5,300
UNITED HEALTHCARE COM 91324P102 2,845,944 11,600 SH   SOLE   8,700 0 2,900
UNITED OVERSEAS BANK LTD COM 006916781 1,146,156 58,400 SH   SOLE   0 0 58,400
UNITED OVERSEAS BANK-SP A ADR 911271302 1,427,366 36,200 SH   SOLE   0 0 36,200
UNITED PARCEL SERVICE COM 911312106 2,254,201 21,220 SH   SOLE   15,770 0 5,450
UNUMPROVIDENT COM 91529Y106 1,106,741 29,920 SH   SOLE   22,270 0 7,650
US ECOLOGY INC COM 91732J102 35,035 550 SH   SOLE   550 0 0
V F CORP. COM 918204108 2,885,808 35,400 SH   SOLE   26,300 0 9,100
VALERO ENERGY NEW COM 91913Y100 4,069,678 36,720 SH   SOLE   27,220 0 9,500
VEONEER INC. COM 00BF2JMM5 78,138 3,073 SH   SOLE   0 0 3,073
VERISK ANALYTICS INC COM 92345Y106 182,988 1,700 SH   SOLE   1,700 0 0
VERMILION ENERGY INC COM 00B607XS1 682,975 18,950 SH   SOLE   0 0 18,950
VESUVIUS PLC COM 00B82YXW8 643,837 81,549 SH   SOLE   0 0 81,549
VIPSHOP HOLDINGS LTD - AD ADR 92763W103 67,270 6,200 SH   SOLE   0 0 6,200
VISA INC COM 92826C839 2,696,682 20,360 SH   SOLE   15,760 0 4,600
VOPAK COM 005809428 431,184 9,333 SH   SOLE   0 0 9,333
VOYA FINANCIAL INC. COM 929089100 1,537,840 32,720 SH   SOLE   24,520 0 8,200
VULCAN MATLS COM 929160109 2,414,713 18,710 SH   SOLE   14,210 0 4,500
WASTE MGMT INC DEL. COM 94106L109 2,506,899 30,820 SH   SOLE   22,920 0 7,900
WATERS CORP. COM 941848103 77,436 400 SH   SOLE   400 0 0
WD-40 CO COM 929236107 117,000 800 SH   SOLE   800 0 0
WELLS FARGO & CO COM 949746101 44,352 800 SH   SOLE   800 0 0
WH SMITH PLC COM 00B2PDGW1 530,739 20,110 SH   SOLE   0 0 20,110
WIRECARD AG COM 007508927 1,917,140 11,903 SH   SOLE   0 0 11,903
WOOD GROUP (JOHN) PLC COM 00B5N0P84 800,548 96,585 SH   SOLE   0 0 96,585
WORKDAY INC-CL. A COM 98138H101 72,672 600 SH   SOLE   600 0 0
WPP PLC COM 00B8KF9B4 759,997 48,252 SH   SOLE   0 0 48,252
WSFS FINL CORP COM 929328102 71,955 1,350 SH   SOLE   1,350 0 0
XPO LOGISTICS INC COM 983793100 30,054 300 SH   SOLE   300 0 0
YAHOO JAPAN CORP COM 006084848 308,646 92,900 SH   SOLE   0 0 92,900
ZIMMER BIOMET HOLDINGS COM 98956P102 2,374,786 21,310 SH   SOLE   15,760 0 5,550
ZION BANCORP COM 989701107 134,360 2,550 SH   SOLE   2,550 0 0
ZOETIS INC COM 98978V103 3,022,541 35,480 SH   SOLE   26,780 0 8,700