Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GLD	SPDR GOLD TRUST	250,000	$26.71M	6.6%	—	—	SHS	78463V107
—	WILLIAMS PARTNERS LP	335,000	$10.69M	2.7%	—	—	COM UNIT LP	96949L105
MSFT	MICROSOFT CORP	235,501	$10.42M	2.6%	—	—	COM	594918104
JPM	JPMORGAN CHASE & COMPANY	153,150	$9.337M	2.3%	—	—	COM	46625H100
LNC	LINCOLN NATIONAL CORP INDIANA	173,000	$8.21M	2.0%	—	—	COM	534187109
ORCL	ORACLE CORP	223,225	$8.062M	2.0%	—	—	COM	68389X105
AIZ	ASSURANT INC	100,000	$7.901M	2.0%	—	—	COM	04621X108
C	CITIGROUP INC	153,471	$7.613M	1.9%	—	—	COM	172967424
GS	GOLDMAN SACHS GROUP INC	41,425	$7.198M	1.8%	—	—	COM	38141G104
—	AETNA INC	62,000	$6.783M	1.7%	—	—	COM	00817Y108
PAA	PLAIMS ALL AMER PIPELINE LP	208,900	$6.346M	1.6%	—	—	UNIT LTD PARTN	726503105
—	ANADARKO PETROLEUM CORP	104,780	$6.327M	1.6%	—	—	COM	032511107
TRV	TRAVELERS COS INC/THE	63,200	$6.29M	1.6%	—	—	COM	89417E109
DAL	DELTA AIR LINES INC	139,280	$6.249M	1.5%	—	—	COM NEW	247361702
—	ENERGY TRANSFER PARTNERS LP	150,700	$6.189M	1.5%	—	—	UNIT LTD PARTN	29273R109
PFE	PFIZER INC	191,691	$6.021M	1.5%	—	—	COM	717081103
MC	MOELIS & CO	218,337	$5.733M	1.4%	—	—	CL A	60786M105
—	COMCAST CORP	100,000	$5.724M	1.4%	—	—	CL A	20030N200
EPD	ENTERPRISE PRODUCTS PARTNERS	227,700	$5.669M	1.4%	—	—	COM	293792107
—	ENBRIDGE ENERGY PARTNERS LP	220,000	$5.438M	1.3%	—	—	COM	29250R106
OXY	OCCIDENTAL PETROLEUM	79,586	$5.264M	1.3%	—	—	COM	674599105
LYB	LYONDELLBASELL INDU	55,000	$4.584M	1.1%	—	—	SHS	N53745100
—	FOREST CITY ENTERPRISES	214,202	$4.311M	1.1%	—	—	CL A	345550107
UAL	UAL CORP	80,000	$4.244M	1.1%	—	—	COM	910047109
—	TERRAFORM GLOBAL INC	600,000	$3.996M	1.0%	—	—	CL A	88104M101
AVT	AVNET INC	91,500	$3.905M	1.0%	—	—	COM	053807103
AAL	AMERICAN AIRLINES GROUP INC	100,000	$3.883M	1.0%	—	—	COM	02376R102
FDX	FEDEX CORPORATION	25,000	$3.599M	0.9%	—	—	COM	31428X106
—	PIONEER NATURAL RESOURCES CO	29,000	$3.527M	0.9%	—	—	COM	723787107
—	RENTECH NITROGEN PARTNERS LP	292,650	$3.453M	0.9%	—	—	COM	760113100
—	HEWLETT-PACKARED CO	133,655	$3.422M	0.8%	—	—	COM	428236103
ON	ON SEMICONDUCTOR CORPORATION	357,650	$3.361M	0.8%	—	—	COM	682189105
DHI	DR HORTON INC	113,000	$3.317M	0.8%	—	—	COM	23331A109
—	BARRICK GOLD CORP	521,004	$3.313M	0.8%	—	—	COM	067901108
ETN	EATON CORP PLC	62,676	$3.215M	0.8%	—	—	SHS	G29183103
PHM	PULTE CORP	170,000	$3.207M	0.8%	—	—	COM	745867101
—	ROYAL DUTCH SHELL PLC	66,242	$3.139M	0.8%	—	—	SPONSORED ADR	780259206
—	APACHE CORP	79,500	$3.113M	0.8%	—	—	COM	037411105
—	TESORO LOGISTICS LP	63,838	$2.872M	0.7%	—	—	COM UNIT LP	88160T107
—	NEW SR INVT GROUP INC	272,052	$2.845M	0.7%	—	—	COM	648691103
BAC	BANK OF AMERICA CORP	178,100	$2.774M	0.7%	—	—	COM	060505104
AIG	AMERICAN INTERNATIONAL GROUP	48,600	$2.761M	0.7%	—	—	COM NEW	026874784
—	MARKWEST ENERGY PARTNERS LP	64,200	$2.754M	0.7%	—	—	UNIT LTD PARTN	570759100
RGA	REINSURANCE GROUP OF AMERICA	29,200	$2.645M	0.7%	—	—	COM NEW	759351604
—	COVANTA HOLDING CORP	149,386	$2.606M	0.6%	—	—	COM	22282E102
—	STAPLES INC	220,653	$2.588M	0.6%	—	—	COM	855030102
—	CVR PARTNERS LP	272,600	$2.548M	0.6%	—	—	COM	126633106
—	DOW CHEMICAL CORP	60,045	$2.545M	0.6%	—	—	COM	260543103
XOM	EXXON MOBIL CORP	34,200	$2.542M	0.6%	—	—	COM	30231G102
WMT	WAL-MART STORES INC	37,825	$2.452M	0.6%	—	—	COM	931142103
BP	BP PLC	80,207	$2.451M	0.6%	—	—	SPONSORED ADR	055622104
LAMR	LAMAR ADVERTISING CO	46,025	$2.401M	0.6%	—	—	CL A	512816109
TEX	TEREX CORP	126,475	$2.268M	0.6%	—	—	COM	880779103
DVN	DEVON ENERGY CORP	59,500	$2.206M	0.5%	—	—	COM	25179M103
AXS	AXIS CAPITAL HOLDINGS LTD	39,303	$2.111M	0.5%	—	—	SHS	G0692U109
BKD	BROOKDALE SENIOR LIVING INC	90,810	$2.084M	0.5%	—	—	COM	112463104
UBS	UBS GROUP AG SHS	111,275	$2.06M	0.5%	—	—	SHS	H42097107
OMC	OMNICOM GROUP INC COM	31,250	$2.059M	0.5%	—	—	COM	681919106
MS	MORGAN STANLEY	62,300	$1.962M	0.5%	—	—	COM	617446448
BEN	FRANKLIN RESOURCES INC	51,600	$1.922M	0.5%	—	—	COM	354613101
AER	AERCAP HOLDINGS NV	50,000	$1.912M	0.5%	—	—	SHS	N00985106
F	FORD MOTOR COMPANY	140,475	$1.906M	0.5%	—	—	COM	345370860
MET	METLIFE INC	40,225	$1.896M	0.5%	—	—	COM	59156R108
—	ENLINK MIDSTREAM PARTNERS LP	120,000	$1.891M	0.5%	—	—	COM UNIT LP	29336U107
CSCO	CISCO SYSTEMS INC	70,000	$1.837M	0.5%	—	—	COM	17275R102
—	SUPERIOR ENERGY SERVICES INC	145,425	$1.836M	0.5%	—	—	COM	868157108
PNC	PNC FINL SVCS GROUP INC	20,244	$1.805M	0.4%	—	—	COM	693475105
SWK	STANLEY BLACK & DECKER INC	18,400	$1.784M	0.4%	—	—	COM	854502101
ROCK	GIBRALTAR INDUSTRIES INC	90,754	$1.665M	0.4%	—	—	COM	374689107
VOYA	VOYA FINL INC	42,375	$1.642M	0.4%	—	—	COM	929089100
ACM	AECOM	59,677	$1.641M	0.4%	—	—	COM	00766T100
STT	STATE STR CORP	23,950	$1.609M	0.4%	—	—	COM	857477103
GLNG	GOLAR LNG LTD	57,318	$1.598M	0.4%	—	—	SHS	G9456A100
—	CIGNA CORP	11,800	$1.593M	0.4%	—	—	COM	125509109
—	HERTZ GLOBAL HOLDINGS INC	92,925	$1.554M	0.4%	—	—	COM	42805T105
ABT	ABBOTT LABORATORIES	38,475	$1.547M	0.4%	—	—	COM	002824100
DIOD	DIODES INC	71,400	$1.525M	0.4%	—	—	COM	254543101
—	TRIBUNE MEDIA CO	42,650	$1.518M	0.4%	—	—	CL A	896047503
KO	COCA COLA CO	37,350	$1.498M	0.4%	—	—	COM	191216100
—	TECH DATA CORP	21,850	$1.496M	0.4%	—	—	COM	878237106
—	BBCN BANCORP INC	99,300	$1.491M	0.4%	—	—	COM	073295107
CNO	CNO FINANCIAL GROUP	78,723	$1.48M	0.4%	—	—	COM	12621E103
INTC	INTEL CORP	49,075	$1.479M	0.4%	—	—	COM	458140100
WHR	WHIRLPOOL CORPORATION	10,000	$1.472M	0.4%	—	—	COM	963320106
ACH	OWENS & MINOR INC	45,275	$1.446M	0.4%	—	—	COM	690732102
—	ENDURANCE SPECIALTY HOLDINGS	23,675	$1.444M	0.4%	—	—	SHS	G30397106
LEN	LENNAR CORP	30,000	$1.443M	0.4%	—	—	CL A	526057104
—	ACTUANT CORP	78,500	$1.443M	0.4%	—	—	CL A	00508X203
—	SYNOVUS FINANCIAL CORP	48,146	$1.425M	0.4%	—	—	COM	87161C501
—	MASONITE INTERNATIONAL CORP	23,400	$1.417M	0.4%	—	—	COM	575385109
—	NATL PENN BCSHS INC	117,750	$1.383M	0.3%	—	—	COM	637138108
ASB	ASSOCIATED BANC-CORP	76,325	$1.371M	0.3%	—	—	COM	045487105
WBS	WEBSTER FINANCIAL CORP	38,225	$1.361M	0.3%	—	—	COM	947890109
DAN	DANA HOLDING CORP	85,474	$1.357M	0.3%	—	—	COM	235825205
NWS	NEWS CORP	103,975	$1.332M	0.3%	—	—	CL B	65249B208
SRI	STONERIDGE INC	107,275	$1.323M	0.3%	—	—	COM	86183P102
PH	PARKER HANNIFIN CORP	13,525	$1.315M	0.3%	—	—	COM	701094104
UVV	UNIVERSAL CORP VA	26,200	$1.298M	0.3%	—	—	COM	913456109
GM	GENERAL MOTORS CO	43,190	$1.296M	0.3%	—	—	COM	37045V100
TTEK	TETRA TECH INC	53,275	$1.295M	0.3%	—	—	COM	88162G103
NSIT	INSIGHT ENTERPRISES INC	49,918	$1.29M	0.3%	—	—	COM	45765U103
—	FIRST MIDWEST BANCORP INC/IL	71,550	$1.254M	0.3%	—	—	COM	320867104
—	TRIPLE-S MANAGEMENT CORP	69,873	$1.244M	0.3%	—	—	CL B	896749108
—	ASPEN INSURANCE HOLDINGS LTD	26,650	$1.238M	0.3%	—	—	SHS	G05384105
—	INTERPUBLIC GROUP COS INC	64,225	$1.228M	0.3%	—	—	COM	460690100
—	CON-WAY INC	25,175	$1.194M	0.3%	—	—	COM	205944101
IOSP	INORG CHEM NEC	24,028	$1.117M	0.3%	—	—	COM	45768S105
—	GENERAL MOTORS	54,576	$1.112M	0.3%	—	—	WARRANT	37045V118
—	LINKEDIN CORP	5,845	$1.111M	0.3%	—	—	CL A	53578A108
BAX	BAXTER INTL	33,250	$1.092M	0.3%	—	—	COM	071813109
—	YAHOO! INC	37,765	$1.091M	0.3%	—	—	COM	984332106
—	ARGO GROUP INTERNATIONAL	19,140	$1.083M	0.3%	—	—	COM	G0464B107
KBR	KBR INC	64,700	$1.077M	0.3%	—	—	COM	48242W106
—	BAXALTA INC	33,250	$1.047M	0.3%	—	—	COM	07177M103
JNJ	JOHNSON & JOHNSON	11,035	$1.03M	0.3%	—	—	COM	478160104
MATW	MATTHEWS INTL CORP	20,750	$1.016M	0.3%	—	—	CL A	577128101
—	TCF FINANCIAL CORP	66,500	$1.008M	0.2%	—	—	COM	872275102
—	ESSENDANT INC	30,850	$1M	0.2%	—	—	COM	296689102
BRC	BRADY CORPORATION	49,725	$977K	0.2%	—	—	CL A	104674106
—	GRANITE REAL ESTATE INVESTMENT TRST	34,000	$957K	0.2%	—	—	UNIT	387437114
—	OCI PARTNERS LP	94,800	$948K	0.2%	—	—	COM UNIT REP LP	67091N108
—	ICONIX BRAND GROUP INC	68,987	$932K	0.2%	—	—	COM	451055107
NWSA	NEWS CORP	73,225	$924K	0.2%	—	—	CL A	65249B109
UPBD	RENT-A-CENTER INC	37,800	$916K	0.2%	—	—	COM	76009N100
—	CUBIC CORP	21,675	$909K	0.2%	—	—	COM	229669106
—	CRAY INC	44,484	$881K	0.2%	—	—	COM NEW	225223304
GNW	GENWORTH FINANCIAL INC	186,375	$861K	0.2%	—	—	CL A	37247D106
WMB	WILLIAMS COS INC DEL	23,375	$861K	0.2%	—	—	COM	969457100
—	ARRIS CORP	32,816	$852K	0.2%	—	—	COM	04270V106
—	BAKER HUGHES INC	15,775	$820K	0.2%	—	—	COM	057224107
—	APOLLO GLOBAL MANAGEMENT	47,300	$812K	0.2%	—	—	CLA SHS	037612306
TECK	TECK COMINCO LTD	166,755	$800K	0.2%	—	—	CL B	878742204
—	GENERAL CABLE CORP	66,975	$797K	0.2%	—	—	COM	369300108
DOV	DOVER CORP	13,750	$786K	0.2%	—	—	COM	260003108
CMCO	COLUMBUS MCKINNON CORP/NY	43,018	$781K	0.2%	—	—	COM	199333105
—	ELECTRUM SPECIAL ACQUISITION	78,949	$780K	0.2%	—	—	COM	G3105C120
WSFS	WSFS FINANCIAL CORP	26,500	$763K	0.2%	—	—	COM	929328102
CRS	CARPENTER TECHNOLOGY	24,596	$732K	0.2%	—	—	COM	144285103
—	SYMETRA FINANCIAL CORP	22,700	$718K	0.2%	—	—	COM	87151Q106
—	STANCORP FINANCIAL GROUP	6,250	$713K	0.2%	—	—	COM	852891100
FHN	FIRST HORIZON NATIONAL CORP	50,200	$711K	0.2%	—	—	COM	320517105
VRTS	VIRTUS INVESTMENT PARTNERS	6,376	$640K	0.2%	—	—	COM	92828Q109
—	TEEKAY TANKERS LTD	92,750	$639K	0.2%	—	—	CL A	Y8565N102
—	GOVERNMENT PROPERTIES INCOME	39,851	$637K	0.2%	—	—	COM SHS BEN INT	38376A103
AR	ANTERO RESOURCES CORP	30,000	$634K	0.2%	—	—	COM	03674X106
NRG	NRG ENERGY INC	42,341	$628K	0.2%	—	—	COM NEW	629377508
—	TUPPERWARE CORP	12,500	$618K	0.2%	—	—	COM	899896104
—	PHH CORP	43,425	$613K	0.2%	—	—	COM	693320202
—	PARK STERLING CORP	88,466	$601K	0.1%	—	—	COM	70086Y105
—	GOOGLE INC	935	$596K	0.1%	—	—	CL A	38259P508
—	SCHNITZER STEEL INDS INC	43,175	$584K	0.1%	—	—	CL A	806882106
—	GOOGLE INC	937	$570K	0.1%	—	—	CL C	38259P706
—	FUELCELL ENERGY INC	774,276	$568K	0.1%	—	—	COM	35952H106
—	MONSTER WORLDWIDE INC	85,550	$549K	0.1%	—	—	COM	611742107
FCNCA	FIRST CITIZENS BCSHS	2,345	$529K	0.1%	—	—	CL A	31946M103
—	GREAT PLAINS ENERGY INC	18,500	$499K	0.1%	—	—	COM	391164100
TPC	TUTOR PERINI CORP	29,900	$492K	0.1%	—	—	COM	901109108
SAIC	SCIENCE APPLICATIONS INTE	12,200	$490K	0.1%	—	—	COM	808625107
—	JIVE SOFTWARE INC	100,553	$469K	0.1%	—	—	COM	47760A108
LEN/B	LENNAR CORP	11,434	$452K	0.1%	—	—	CL B	526057302
GTLS	CHART INDUSTRIES INC	22,875	$439K	0.1%	—	—	COM	16115Q308
—	CEMPRA INC	15,497	$431K	0.1%	—	—	COM	15130J109
NAT	NORDIC AMERICAN TANKERS LTD	27,985	$425K	0.1%	—	—	COM	G65773106
PRI	PRIMERICA INC	9,431	$425K	0.1%	—	—	COM	74164M108
—	BLUEKNIGHT ENERGY PARTNERS LP	73,022	$412K	0.1%	—	—	COM UNIT	09625U109
KALU	KAISER ALUMINUM CORP	5,100	$409K	0.1%	—	—	COM	483007704
NG	NOVAGOLD RESOURCES INC	109,110	$393K	0.1%	—	—	COM NEW	66987E206
—	WILLIAM LYON HOMES	18,900	$389K	0.1%	—	—	CL A NEW	552074700
POR	PORTLAND GENERAL ELECTRIC	10,200	$377K	0.1%	—	—	COM	736508847
DRH	DIAMONDROCK HOSPITALITY CO	33,571	$370K	0.1%	—	—	COM	252784301
TRS	TRIMAS CORP	21,100	$344K	0.1%	—	—	COM NEW	896215209
NVRI	HARSCO CORP	37,800	$342K	0.1%	—	—	COM	415864107
—	LEXMARK INTL GROUP INC	11,300	$327K	0.1%	—	—	CL A	529771107
AGX	ARGAN INC	8,851	$306K	0.1%	—	—	COM	04010E109
UFPT	UFP TECHNOLOGIES INC	12,143	$277K	0.1%	—	—	COM	902673102
EZPW	EZCORP INC	41,100	$253K	0.1%	—	—	CL A	302301106
—	MAXWELL TECHNOLOGIES INC	46,277	$250K	0.1%	—	—	COM	577767106
—	KAPSTONE PAPER AND PACKAGING	14,631	$241K	0.1%	—	—	COM	48562P103
MLR	MILLER INDUSTRIES INC/TENN	10,973	$214K	0.1%	—	—	COM	600551204
—	OCEAN RIG UDW INC	99,744	$212K	0.1%	—	—	SHS	Y64354205
—	OM ASSET MANAGEMENT PLC	13,600	$209K	0.1%	—	—	SHS	G67506108
CALY	CALLAWAY GOLF COMPANY	23,477	$196K	0.0%	—	—	COM	131193104
KTOS	KRATOS DEFENSE & SECURITY	42,888	$180K	0.0%	—	—	COM NEW	50077B207
ENVA	ENOVA INTERNATIONAL INC-W/I	16,325	$166K	0.0%	—	—	COM	29357K103
—	ARC DOCUMENT SOLUTIONS INC	28,050	$166K	0.0%	—	—	COM	00191G103
MERC	MERCER INTL INC	13,310	$133K	0.0%	—	—	COM	588056101
—	CATCHMARK TIMBER TR INC	11,614	$119K	0.0%	—	—	CL A	14912Y202
—	HEALTH INSURANCE INNOVATION	13,659	$68,000	0.0%	—	—	COM CL A	42225K106
—	ENERGY XXI LTD	41,000	$43,000	0.0%	—	—	SHS	G10082140
—	KEY ENERGY SERVICES INC	48,525	$22,000	0.0%	—	—	COM	492914106