Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	HUDSON CITY BANCORP	11,131,093	$105M	11.7%	$9.16	—	COM	443683107
—	LENDER PROCESSING SVCS INC	1,565,036	$58.5M	6.5%	$33.86	—	COM	52602E102
HYG	ISHARES	591,029	$54.9M	6.1%	$91.85	—	IBOXX HI YD ETF	464288513
—	CAPITALSOURCE INC	3,644,454	$52.37M	5.8%	$13.02	—	COM	14055X102
EWY	ISHARES	651,128	$42.11M	4.7%	$53.20	—	MSCI STH KOR ETF	464286772
—	COLE REAL ESTATE INVTS INC	2,302,947	$32.33M	3.6%	$14.04	—	COM	19329V105
FXI	ISHARES	781,782	$29.98M	3.3%	$32.52	—	CHINA LG-CAP ETF	464287184
—	LIFE TECHNOLOGIES CORP	384,984	$29.18M	3.3%	$75.42	—	COM	53217V109
—	STERLING FINL CORP WASH	802,468	$27.35M	3.1%	$28.65	—	COM NEW	859319303
IVV	ISHARES	127,807	$23.73M	2.6%	$160.97	—	CORE S&P500 ETF	464287200
—	MARKET VECTORS ETF TR	1,037,994	$22.07M	2.5%	$28.93	—	INDONESIA ETF	57060U753
SCI	SERVICE CORP INTL	1,177,659	$21.35M	2.4%	$17.02	+6.7%	COM	817565104
—	AMERICA MOVIL SAB DE CV	890,923	$20.82M	2.3%	$21.75	—	SPON ADR L SHS	02364W105
BAP	CREDICORP LTD	139,431	$18.51M	2.1%	$97.53	-2.1%	COM	G2519Y108
CX	CEMEX SAB DE CV	1,245,164	$14.73M	1.6%	$11.31	—	SPON ADR NEW	151290889
—	VIRGINIA COMM BANCORP INC	841,095	$14.29M	1.6%	$14.08	—	COM	92778Q109
VEA	VANGUARD TAX MANAGED INTL FD	333,433	$13.9M	1.6%	$35.68	—	FTSE DEV MKT ETF	921943858
—	COMMONWEALTH REIT	587,995	$13.71M	1.5%	$23.12	—	COM SH BEN INT	203233101
—	POWERSHARES ETF TRUST II	444,299	$13.33M	1.5%	$29.28	—	GLOBL AGRI ETF	73936Q702
ITUB	ITAU UNIBANCO HLDG SA	821,288	$11.14M	1.2%	$13.48	—	SPON ADR REP PFD	465562106
AAPL	APPLE INC	18,700	$10.49M	1.2%	$16.37	0.0%	COM	037833100
—	MOBILE TELESYSTEMS OJSC	473,106	$10.23M	1.1%	$18.94	—	SPONSORED ADR	607409109
DAR	DARLING INTL INC	480,500	$10.03M	1.1%	$21.38	0.0%	COM	237266101
UNP	UNION PAC CORP	56,020	$9.411M	1.1%	$59.52	+1.7%	COM	907818108
—	STELLARONE CORP	390,576	$9.401M	1.0%	$22.74	—	COM	85856G100
—	GOOGLE INC	8,386	$9.398M	1.0%	$986.70	—	CL A	38259P508
VIG	VANGUARD SPECIALIZED PORTFOL	107,152	$8.062M	0.9%	$66.20	—	DIV APP ETF	921908844
FMX	FOMENTO ECONOMICO MEXICANO S	80,742	$7.902M	0.9%	$103.19	—	SPON ADR UNITS	344419106
—	AMERICAN RLTY CAP PPTYS INC	591,435	$7.6M	0.8%	$12.85	—	COM	02917T104
—	BARCLAYS BK PLC	132,696	$7.558M	0.8%	$53.52	—	IPMS INDIA ETN	06739F291
VWO	VANGUARD INTL EQUITY INDEX F	182,555	$7.51M	0.8%	$38.80	—	FTSE EMR MKT ETF	922042858
—	POWERSHS DB MULTI SECT COMM	253,481	$7.389M	0.8%	$27.28	—	DB ENERGY FUND	73936B101
ORCL	ORACLE CORP	177,519	$6.792M	0.8%	$27.07	+6.4%	COM	68389X105
—	ATLAS ENERGY LP	135,410	$6.344M	0.7%	$48.99	—	COM UNITS LP	04930A104
AZO	AUTOZONE INC	12,993	$6.21M	0.7%	$413.48	+8.5%	COM	053332102
GGB	GERDAU S A	780,000	$6.115M	0.7%	$7.84	—	SPON ADR REP PFD	373737105
IJH	ISHARES	42,290	$5.66M	0.6%	$115.94	—	CORE S&P MCP ETF	464287507
—	POWERSHS DB MULTI SECT COMM	223,829	$5.43M	0.6%	$24.88	—	PS DB AGRICUL FD	73936B408
TV	GRUPO TELEVISA SA	177,850	$5.382M	0.6%	$24.84	—	SPON ADR REP ORD	40049J206
BBD	BANCO BRADESCO S A	403,260	$5.053M	0.6%	$12.72	—	SP ADR PFD NEW	059460303
—	ISHARES	297,940	$4.713M	0.5%	$15.55	—	MSCI MALAYSI ETF	464286830
WMB	WILLIAMS COS INC DEL	122,134	$4.711M	0.5%	$18.03	+2.0%	COM	969457100
VLY	VALLEY NATL BANCORP	458,020	$4.635M	0.5%	$9.49	+5.7%	COM	919794107
G	GENPACT LIMITED	250,037	$4.593M	0.5%	$17.60	-4.0%	SHS	G3922B107
MDY	SPDR S&P MIDCAP 400 ETF TR	18,230	$4.452M	0.5%	$210.38	—	UTSER1 S&PDCRP	78467Y107
—	CHINA MOBILE LIMITED	84,525	$4.42M	0.5%	$51.77	—	SPONSORED ADR	16941M109
—	CITRIX SYS INC	68,966	$4.362M	0.5%	$65.80	—	COM	177376100
—	DOW CHEM CO	96,656	$4.292M	0.5%	$36.08	—	COM	260543103
SCCO	SOUTHERN COPPER CORP	146,422	$4.204M	0.5%	$20.19	-13.7%	COM	84265V105
—	PARKWAY PPTYS INC	209,205	$4.036M	0.5%	$19.29	—	COM	70159Q104
VALE	VALE S A	247,052	$3.768M	0.4%	$14.45	—	ADR	91912E105
SPSM	SPDR SER TR	49,629	$3.436M	0.4%	$69.23	—	SPDR RUSSEL 2000	78468R853
—	COSAN LTD	250,420	$3.436M	0.4%	$14.36	—	SHS A	G25343107
GWW	GRAINGER W W INC	11,738	$2.998M	0.3%	$205.55	+3.8%	COM	384802104
TLK	P T TELEKOMUNIKASI INDONESIA	79,021	$2.833M	0.3%	$40.69	—	SPONSORED ADR	715684106
GLD	SPDR GOLD TRUST	24,340	$2.828M	0.3%	$119.00	—	GOLD SHS	78463V107
—	POWERSHS DB MULTI SECT COMM	167,462	$2.823M	0.3%	$16.21	—	DB BASE METALS	73936B705
EBAY	EBAY INC	51,172	$2.809M	0.3%	$20.02	-1.6%	COM	278642103
—	CAMCO FINL CORP	392,660	$2.623M	0.3%	$6.68	—	COM	132618109
GM	GENERAL MTRS CO	63,350	$2.589M	0.3%	$25.59	+10.1%	COM	37045V100
—	CNOOC LTD	13,722	$2.575M	0.3%	$167.47	—	SPONSORED ADR	126132109
SBH	SALLY BEAUTY HLDGS INC	75,586	$2.285M	0.3%	$27.38	0.0%	COM	79546E104
—	GIANT INTERACTIVE GROUP INC	200,000	$2.248M	0.3%	$11.24	—	ADR	374511103
—	VALE S A	156,546	$2.193M	0.2%	$12.16	—	ADR REPSTG PFD	91912E204
—	L BRANDS INC	34,826	$2.154M	0.2%	$56.58	—	COM	501797104
PBR	PETROLEO BRASILEIRO SA PETRO	153,000	$2.108M	0.2%	$13.58	—	SPONSORED ADR	71654V408
—	LATAM AIRLS GROUP S A	124,104	$2.024M	0.2%	$16.36	—	SPONSORED ADR	51817R106
KOF	COCA COLA FEMSA S A B DE C V	16,513	$2.011M	0.2%	$140.31	—	SPON ADR REP L	191241108
PBR/A	PETROLEO BRASILEIRO SA PETRO	130,800	$1.921M	0.2%	$14.66	—	SP ADR NON VTG	71654V101
—	CHINA LIFE INS CO LTD	40,571	$1.917M	0.2%	$34.88	—	SPON ADR REP H	16939P106
BVN	COMPANIA DE MINAS BUENAVENTU	161,668	$1.814M	0.2%	$14.76	—	SPONSORED ADR	204448104
EMBJ	EMBRAER S A	50,000	$1.609M	0.2%	$32.18	—	SP ADR REP 4 COM	29082A107
—	WASHINGTON BKG CO OAK HBR WA	84,804	$1.504M	0.2%	$17.74	—	COM	937303105
PKX	POSCO	19,015	$1.483M	0.2%	$65.05	—	SPONSORED ADR	693483109
—	SEARS HLDGS CORP	3,000	$1.44M	0.2%	—	—	Put	812350956
—	ENERSIS S A	91,652	$1.374M	0.2%	$16.36	—	SPONSORED ADR	29274F104
META	FACEBOOK INC	25,000	$1.367M	0.2%	$25.44	+96.0%	CL A	30303M102
ABEV	AMBEV SA	175,000	$1.286M	0.1%	$7.35	—	SPONSORED ADR	02319V103
HDB	HDFC BANK LTD	35,005	$1.206M	0.1%	$36.25	—	ADR REPS 3 SHS	40415F101
—	EMPRESA NACIONAL DE ELCTRCID	26,490	$1.181M	0.1%	$44.17	—	SPONSORED ADR	29244T101
KB	KB FINANCIAL GROUP INC	28,712	$1.163M	0.1%	$29.64	—	SPONSORED ADR	48241A105
IWM	ISHARES	9,902	$1.142M	0.1%	$97.15	—	RUSSELL 2000 ETF	464287655
INFY	INFOSYS LTD	20,000	$1.132M	0.1%	$41.20	—	SPONSORED ADR	456788108
—	FAMILY DLR STORES INC	15,674	$1.018M	0.1%	$62.30	—	COM	307000109
—	SOLARWINDS INC	26,706	$1.01M	0.1%	$35.07	—	COM	83416B109
KEP	KOREA ELECTRIC PWR	51,637	$858K	0.1%	$11.31	—	SPONSORED ADR	500631106
—	WPX ENERGY INC	40,678	$829K	0.1%	$18.93	—	COM	98212B103
SQM	SOCIEDAD QUIMICA MINERA DE C	30,000	$776K	0.1%	$40.40	—	SPON ADR SER B	833635105
LPL	LG DISPLAY CO LTD	58,589	$711K	0.1%	$11.86	—	SPONS ADR REP	50186V102
EWZ	ISHARES	15,000	$670K	0.1%	$44.67	—	MSCI BRZ CAP ETF	464286400
—	BRF SA	30,000	$626K	0.1%	$21.70	—	SPONSORED ADR	10552T107
—	PHILIPPINE LONG DISTANCE TEL	9,000	$541K	0.1%	$67.89	—	SPONSORED ADR	718252604
KT	KT CORP	34,588	$514K	0.1%	$15.53	—	SPONSORED ADR	48268K101
—	NATIONAL BK GREECE S A	84,400	$473K	0.1%	$5.60	—	SPN ADR REP 1 SH	633643705
—	ATLAS RESOURCE PARTNERS LP	21,993	$450K	0.1%	$21.92	—	COM UNT LTD PR	04941A101
—	RDA MICROELECTRONICS INC	20,000	$358K	0.0%	$17.90	—	SPONSORED ADR	749394102
—	TATA MTRS LTD	10,000	$308K	0.0%	$23.40	—	SPONSORED ADR	876568502
BSAC	BANCO SANTANDER CHILE NEW	12,987	$306K	0.0%	$24.49	—	SP ADR REP COM	05965X109
—	TELEFONICA BRASIL SA	15,500	$298K	0.0%	$22.84	—	SPONSORED ADR	87936R106
—	MARKETO INC	7,000	$259K	0.0%	$31.86	—	COM	57063L107
—	FIBRIA CELULOSE S A	20,000	$234K	0.0%	$11.10	—	SP ADR REP COM	31573A109
—	PRECISION CASTPARTS CORP	800	$215K	0.0%	$268.75	—	COM	740189105
—	CHINA TELECOM CORP LTD	4,026	$204K	0.0%	$50.67	—	SPON ADR H SHS	169426103
—	TIM PARTICIPACOES S A	7,700	$202K	0.0%	$26.23	—	SPONSORED ADR	88706P205
CIG	COMPANHIA ENERGETICA DE MINA	14,106	$110K	0.0%	$9.00	—	SP ADR N-V PFD	204409601