Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MFG CO.	8,319,959	$167M	6.0%	$17.60	—	COMMON	874039100
NVO	NOVO-NORDISK A/S-SPONS ADR	3,069,758	$140M	5.0%	$54.70	—	COMMON	670100205
—	ACE LTD	1,302,343	$129M	4.6%	$94.23	—	COMMON	H0023R105
PRGO	PERRIGO CO Plc	774,895	$120M	4.3%	$144.73	+9.0%	COMMON	G97822103
—	CANADIAN PACIFIC RAILWAY	776,932	$117M	4.2%	$132.06	—	COMMON	13645T100
CNI	CANADIAN NATL RAILWAY CO	2,053,660	$115M	4.1%	$42.52	+4.8%	COMMON	136375102
—	COVIDIEN LTD	1,537,152	$113M	4.1%	$66.72	—	COMMON	G2554F113
—	COCA-COLA ENTERPRISES	2,300,431	$110M	3.9%	$39.08	—	COMMON	19122T109
—	CORE LABORATORIES N.V.	536,161	$106M	3.8%	$147.93	—	COMMON	N22717107
ASML	ASML HOLDING ADR	1,111,008	$104M	3.7%	$78.02	—	COMMON	N07059210
—	SENSATA TECHNOLOGIES HOLDING	2,407,244	$103M	3.7%	$36.65	—	COMMON	N7902X106
—	LAZARD LTD-CL A	1,935,737	$91.15M	3.3%	$36.41	—	COMMON	G54050102
—	ARM HOLDINGS ADR	1,556,333	$79.33M	2.8%	$46.91	—	COMMON	042068106
SGSOY	SGS SA - ADR	1,921,470	$47.39M	1.7%	$23.26	—	COMMON	818800104
NSRGY	NESTLE SA - SPONS ADR FOR REG	600,601	$45.22M	1.6%	$71.27	—	COMMON	641069406
TCEHY	TENCENT HOLDINGS LTD-UNS ADR	607,874	$42.16M	1.5%	$44.02	—	COMMON	88032Q109
NVZMY	NOVOZYMES A/S - ADR	905,722	$39.83M	1.4%	$37.05	—	COMMON	670108109
FANUY	FANUC CORPORATION	1,196,798	$35.37M	1.3%	$27.34	—	COMMON	307305102
IDEXY	INDITEX-UNSPON ADR	1,173,572	$35.24M	1.3%	$30.15	—	COMMON	455793109
—	SVENSKA CELLULOSA AB-SP ADR	1,184,649	$34.87M	1.2%	$28.00	—	COMMON	869587402
SURRY	SUN ART RETAIL GROUP-UNS ADR	2,376,943	$29.96M	1.1%	$14.29	—	COMMON	866633100
—	CHR HANSEN HOLDING - SPON ADR	1,444,543	$28.98M	1.0%	$20.06	—	COMMON	12545M207
ASOMY	ASOS PLC - UNSPONSORED ADR	323,255	$28.42M	1.0%	$80.58	—	COMMON	00212V105
AMZN	AMAZON.COM INC	68,447	$23.02M	0.8%	$17.15	+8.2%	COMMON	023135106
—	WESTERN REFINING	595,778	$23M	0.8%	$35.22	—	COMMON	959319104
WMMVY	WALMART DE MEXICO-SPON ADR V	969,699	$22.97M	0.8%	$29.09	—	COMMON	93114W107
CGNX	COGNEX CORP	674,912	$22.85M	0.8%	$11.16	+53.7%	COMMON	192422103
LVMUY	LVMH MOET HENNESSY-UNSP ADR	620,800	$22.64M	0.8%	$34.89	—	COMMON	502441306
SSMXY	SYSMEX CORP UNSPON ADR	955,331	$21.85M	0.8%	$28.98	—	COMMON	87184P109
CNO	CNO FINANCIAL GROUP INC	1,181,745	$21.39M	0.8%	$8.36	+68.8%	COMMON	12621E103
SRGHY	SHOPRITE HOLDINGS (SPONSORED ADR	1,363,229	$20.68M	0.7%	$15.75	—	COMMON	82510E209
GPI	GROUP 1 AUTOMOTIVE INC	283,818	$18.64M	0.7%	$65.26	-0.2%	COMMON	398905109
EWBC	EAST WEST BANCORP	504,685	$18.42M	0.7%	$18.27	+47.3%	COMMON	27579R104
—	WELLCARE HEALTH PLANS INC	288,394	$18.32M	0.7%	$58.41	—	COMMON	94946T106
EAT	BRINKER INTERNATIONAL INC	328,278	$17.22M	0.6%	$27.57	+50.1%	COMMON	109641100
JRONY	JERONIMO MARTINS SGPS SA - ADR	504,077	$16.94M	0.6%	$39.81	—	COMMON	476493101
—	BBCN BANCORP	973,811	$16.69M	0.6%	$13.53	—	COMMON	073295107
—	GOOGLE INC	14,577	$16.25M	0.6%	$1089.39	—	COMMON	38259P508
CVBF	CVB FINANCIAL	1,006,053	$16M	0.6%	$7.20	+46.7%	COMMON	126600105
RWT	REDWOOD TRUST	784,680	$15.91M	0.6%	$19.29	—	COMMON	758075402
—	HORNBECK OFFSHORE SERVICES	378,224	$15.81M	0.6%	$46.84	—	COMMON	440543106
—	BLUCORA INC	769,004	$15.14M	0.5%	$15.75	—	COMMON	095229100
—	DEVRY EDUCATION GROUP	351,638	$14.91M	0.5%	$35.50	—	COMMON	251893103
—	COWEN GROUP	3,365,065	$14.84M	0.5%	$3.81	—	COMMON	223622101
—	TD AMERITRADE HOLDINGS	426,459	$14.48M	0.5%	$29.65	—	COMMON	87236Y108
ANDE	THE ANDERSONS INC	243,928	$14.45M	0.5%	$31.13	+41.8%	COMMON	034164103
—	BARNES GROUP	375,341	$14.44M	0.5%	$29.77	—	COMMON	067806109
HELE	HELEN OF TROY LTD	204,031	$14.13M	0.5%	$36.55	+66.4%	COMMON	G4388N106
—	CORPORATE EXECUTIVE BOARD CO	184,845	$13.72M	0.5%	$58.66	—	COMMON	21988R102
NKE	NIKE INC B	183,801	$13.58M	0.5%	$31.78	+2.4%	COMMON	654106103
GATX	GATX CORP	196,144	$13.31M	0.5%	$35.91	+26.7%	COMMON	361448103
—	CUBIC CORP	256,150	$13.08M	0.5%	$46.63	—	COMMON	229669106
SNA	SNAP-ON INC	111,043	$12.6M	0.5%	$60.64	+36.9%	COMMON	833034101
—	GRAN TIERRA ENERGY	1,646,183	$12.31M	0.4%	$6.06	—	COMMON	38500T101
CMC	COMMERCIAL METALS COMPANY	649,363	$12.26M	0.4%	$14.27	+5.3%	COMMON	201723103
EBAY	EBAY INC	219,868	$12.15M	0.4%	$19.77	+4.5%	COMMON	278642103
—	MONSANTO CO	104,877	$11.93M	0.4%	$114.68	—	COMMON	61166W101
—	NEWPORT CORP	569,180	$11.77M	0.4%	$18.82	—	COMMON	651824104
—	TUESDAY MORNING	828,241	$11.72M	0.4%	$8.02	—	COMMON	899035505
AZTA	BROOKS AUTOMATION	1,069,810	$11.69M	0.4%	$8.56	+5.4%	COMMON	114340102
—	MONTPELIER RE HOLDINGS LTD	392,656	$11.69M	0.4%	$26.05	—	COMMON	G62185106
YUM	YUM! BRANDS INC	154,742	$11.67M	0.4%	$40.51	+3.8%	COMMON	988498101
RRX	REGAL-BELOIT	156,576	$11.38M	0.4%	$77.11	-4.3%	COMMON	758750103
AMSF	AMERISAFE	254,410	$11.17M	0.4%	$12.68	+37.3%	COMMON	03071H100
—	COOPER COMPANIES (THE)	78,625	$10.8M	0.4%	$137.36	—	COMMON	216648402
—	EXPRESS SCRIPTS HOLDING CO	143,218	$10.75M	0.4%	$75.09	—	COMMON	30219G108
SAIA	SAIA	279,836	$10.69M	0.4%	$22.67	+52.3%	COMMON	78709Y105
COST	COSTCO WHOLESALE CORP	94,693	$10.57M	0.4%	$91.29	0.0%	COMMON	22160K105
—	LACLEDE GROUP INC	222,954	$10.51M	0.4%	$42.78	—	COMMON	505597104
OFG	OFG BANCORP	593,328	$10.2M	0.4%	$16.73	-4.6%	COMMON	67103X102
—	CBL & ASSOCIATES PROPERTIES	561,030	$9.958M	0.4%	$23.60	—	COMMON	124830100
SBUX	STARBUCKS CORP	133,931	$9.828M	0.4%	$29.29	0.0%	COMMON	855244109
GBCI	GLACIER BANCORP	332,759	$9.673M	0.3%	$11.31	+67.8%	COMMON	37637Q105
WERN	WERNER ENTERPRISES	377,948	$9.642M	0.3%	$23.43	+9.3%	COMMON	950755108
CALM	CAL MAINE FOODS	145,322	$9.123M	0.3%	$14.35	+33.2%	COMMON	128030202
CME	CME GROUP INC	123,200	$9.119M	0.3%	$47.02	+0.7%	COMMON	12572Q105
—	FOOT LOCKER INC	193,538	$9.092M	0.3%	$34.23	—	COMMON	344849104
DEI	DOUGLAS EMMETT	308,115	$8.362M	0.3%	$24.93	—	COMMON	25960P109
—	IMMUNOMEDICS	1,946,276	$8.194M	0.3%	$3.81	—	COMMON	452907108
MTH	MERITAGE HOMES CORP	186,267	$7.801M	0.3%	$21.33	+6.8%	COMMON	59001A102
LNN	LINDSAY CORPORATION	87,498	$7.715M	0.3%	$76.16	-4.2%	COMMON	535555106
AVA	AVISTA CORP	246,534	$7.557M	0.3%	$15.36	+17.1%	COMMON	05379B107
NSIT	INSIGHT ENTERPRISES	293,736	$7.376M	0.3%	$19.80	+16.2%	COMMON	45765U103
—	CELGENE CORP	49,440	$6.902M	0.2%	$160.23	—	COMMON	151020104
MOG/A	MOOG INC-CLASS A	104,662	$6.857M	0.2%	$42.13	+39.2%	COMMON	615394202
—	SUSQUEHANNA BANCSHARES	600,621	$6.829M	0.2%	$12.43	—	COMMON	869099101
SAFT	SAFETY INSURANCE GROUP INC	120,588	$6.493M	0.2%	$47.93	+14.7%	COMMON	78648T100
—	AMERICAN CAPITAL	407,811	$6.441M	0.2%	$14.57	—	COMMON	02503Y103
SXT	SENSIENT TECHNOLOGIES	109,578	$6.181M	0.2%	$38.01	+35.3%	COMMON	81725T100
KAI	KADANT INC	155,655	$5.677M	0.2%	$23.68	+43.2%	COMMON	48282T104
POR	PORTLAND GENERAL ELECTRIC	156,437	$5.059M	0.2%	$18.19	+9.9%	COMMON	736508847
OLN	OLIN CORP	161,133	$4.449M	0.2%	$15.94	+18.7%	COMMON	680665205
—	GLOBAL INDEMNITY PLC	163,882	$4.317M	0.2%	$23.35	—	COMMON	G39319101
—	CALAMOS ASSET MANAGEMENT	296,542	$3.834M	0.1%	$12.93	—	COMMON	12811R104
TV	GRUPO TELEVISA SA	94,967	$3.162M	0.1%	$32.43	—	COMMON	40049J206
TSGTY	TSINGTAO BREWERY-SPONS ADR	40,923	$3.005M	0.1%	$71.00	—	COMMON	898529102
PSMT	PRICESMART INC	25,734	$2.597M	0.1%	$92.34	-5.6%	COMMON	741511109
WYNMY	WYNN MACAU LTD - UNSPON ADR	57,456	$2.399M	0.1%	$42.49	—	COMMON	98313R106
MELI	MERCADOLIBRE INC	25,223	$2.399M	0.1%	$109.77	-12.7%	COMMON	58733R102
EMBJ	EMBRAER SA-ADR	66,955	$2.376M	0.1%	$35.17	—	COMMON	29082A107
RDY	DR REDDYS LABS LTD	52,874	$2.321M	0.1%	$43.61	—	COMMON	256135203
NBIS	YANDEX NV-A	75,841	$2.29M	0.1%	$30.52	—	COMMON	N97284108
SHWGY	SHANDONG WEIGAO GP ADR	487,793	$2.215M	0.1%	$4.42	—	COMMON	81941W101
BKRKY	BANK RAKYAT INDONESIA - UN ADR	116,025	$1.971M	0.1%	$16.99	—	COMMON	69366X100
—	BRF SA - ADR	97,792	$1.954M	0.1%	$21.72	—	COMMON	10552T107
—	TOWER BERSAMA INFRA-UNSP ADR	58,608	$1.556M	0.1%	$26.55	—	COMMON	69369H102
—	MINDRAY MEDICAL INTERNATIONAL -	42,239	$1.367M	0.0%	$32.36	—	COMMON	602675100
—	ROTORK PLC - UNSPONSORED ADR	56,799	$1.285M	0.0%	$21.77	—	COMMON	77880Q105
ATONY	ANTON OILFIELD SERV-UNSP ADR	9,728	$1.25M	0.0%	$128.50	—	COMMON	037193109
PTKFY	KALBE FARMA ADS	44,124	$1.111M	0.0%	$25.18	—	COMMON	69368A108
—	AON CORPORATION	7,471	$630K	0.0%	$61.56	—	COMMON	G0408V102
BRK/B	BERKSHIRE HATHAWAY INC CL B	4,675	$584K	0.0%	$99.00	+18.0%	COMMON	084670702
CVX	CHEVRON	4,702	$559K	0.0%	$67.90	+3.6%	COMMON	166764100
—	GENERAL ELECTRIC COMPANY	20,424	$529K	0.0%	$23.15	—	COMMON	369604103
JAZZ	JAZZ PHARMACEUTICALS PLC	3,500	$485K	0.0%	$61.12	+146.3%	COMMON	G50871105
WFC	WELLS FARGO & COMPANY	9,581	$477K	0.0%	$25.06	+33.4%	COMMON	949746101
DIS	DISNEY (WALT)	5,658	$453K	0.0%	$48.38	+44.0%	COMMON	254687106
EMR	EMERSON ELECTRIC COMPANY	6,596	$441K	0.0%	$40.15	+19.0%	COMMON	291011104
JNJ	JOHNSON & JOHNSON	4,392	$431K	0.0%	$53.15	+25.4%	COMMON	478160104
MMM	3M COMPANY	3,127	$424K	0.0%	$70.10	+8.8%	COMMON	88579Y101
INTC	INTEL CORP	16,103	$416K	0.0%	$15.43	+21.0%	COMMON	458140100
PG	PROCTER & GAMBLE CO	5,050	$407K	0.0%	$52.01	+8.7%	COMMON	742718109
GIS	GENERAL MILLS	7,735	$401K	0.0%	$28.90	+14.1%	COMMON	370334104
—	SPECTRA ENERGY CORP	10,715	$396K	0.0%	$31.98	—	COMMON	847560109
PAYX	PAYCHEX INC	9,099	$388K	0.0%	$23.17	+27.3%	COMMON	704326107
—	UNILEVER PLC-SPONSORED ADR	8,895	$381K	0.0%	$38.60	—	COMMON	904767704
MCD	MCDONALD`S CORP	3,766	$369K	0.0%	$67.85	+3.6%	COMMON	580135101
PEP	PEPSICO INC	4,356	$364K	0.0%	$50.75	+12.1%	COMMON	713448108
—	GLAXOSMITHKLINE PLC - SPON ADR	6,520	$348K	0.0%	$50.07	—	COMMON	37733W105
ADP	AUTOMATIC DATA PROCESSING	4,468	$345K	0.0%	$41.50	+26.4%	COMMON	053015103
AKO/B	EMBOTELLADORA ANDINA B ADR	16,151	$342K	0.0%	$21.18	—	COMMON	29081P303
SURRF	SUN ART RETAIL GROUP LTD	302,000	$341K	0.0%	$1.49	-10.3%	COMMON	Y8184B109
—	MEDCATH CORP	231,764	$331K	0.0%	$1.45	—	COMMON	58404W109
KO	COCA-COLA COMPANY	8,566	$331K	0.0%	$25.69	+3.4%	COMMON	191216100
—	GREEN MOUNTAIN COFFEE	2,553	$270K	0.0%	$75.53	—	COMMON	393122106
—	ISIS PHARMACEUTICALS INC	5,900	$255K	0.0%	$37.46	—	COMMON	464330109
PFE	PFIZER INC	7,541	$242K	0.0%	$17.69	+2.9%	COMMON	717081103
AKO/A	EMBOTELLADORA ANDINA-ADR A	12,035	$213K	0.0%	$17.70	—	COMMON	29081P204