Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	218,813	$24.15M	4.0%	$18.14	+32.7%	COM	037833100
NOC	NORTHROP GRUMMAN CORP	155,940	$22.98M	3.8%	$70.38	+62.3%	COM	666807102
BAH	BOOZ ALLEN HAMILTON HLDG COR	825,046	$21.89M	3.6%	$14.48	+46.3%	CL A	099502106
MSFT	MICROSOFT CORP	452,984	$21.04M	3.5%	$27.78	+43.5%	COM	594918104
—	BROCADE COMMUNICATIONS SYS I	1,776,383	$21.03M	3.5%	$9.20	—	COM NEW	111621306
DLX	DELUXE CORP	329,668	$20.52M	3.4%	$26.10	+47.1%	COM	248019101
ORCL	ORACLE CORP	435,355	$19.58M	3.2%	$33.98	+1.5%	COM	68389X105
—	RAYTHEON CO	180,791	$19.56M	3.2%	$72.87	—	COM NEW	755111507
OMC	OMNICOM GROUP INC	240,105	$18.6M	3.1%	$48.90	+2.8%	COM	681919106
SAIC	SCIENCE APPLICATNS INTL CP N	372,769	$18.46M	3.0%	$38.40	+27.1%	COM	808625107
—	KRAFT FOODS GROUP INC	291,248	$18.25M	3.0%	$60.08	—	COM	50076Q106
—	ACTIVISION BLIZZARD INC	875,853	$17.65M	2.9%	$20.29	—	COM	00507V109
—	SYNTEL INC	389,742	$17.53M	2.9%	$64.95	—	COM	87162H103
HRB	BLOCK H & R INC	516,514	$17.4M	2.9%	$21.26	0.0%	COM	093671105
—	VIACOM INC NEW	223,033	$16.78M	2.8%	$75.25	—	CL B	92553P201
CSCO	CISCO SYS INC	600,515	$16.7M	2.8%	$15.56	+17.6%	COM	17275R102
CRUS	CIRRUS LOGIC INC	698,635	$16.47M	2.7%	$21.84	-7.8%	COM	172755100
—	DUN & BRADSTREET CORP DEL NE	134,822	$16.31M	2.7%	$100.10	—	COM	26483E100
SHOO	MADDEN STEVEN LTD	497,694	$15.84M	2.6%	$19.33	-4.8%	COM	556269108
—	GROUPE CGI INC	414,357	$15.81M	2.6%	$38.16	—	CL A SUB VTG	39945C109
—	CA INC	506,597	$15.43M	2.5%	$29.25	—	COM	12673P105
—	STARZ	462,003	$13.72M	2.3%	$24.14	—	COM SER A	85571Q102
FLR	FLUOR CORP NEW	209,680	$12.71M	2.1%	$56.75	-0.3%	COM	343412102
—	MANTECH INTL CORP	400,106	$12.1M	2.0%	$29.41	—	CL A	564563104
—	OWENS RLTY MTG INC	824,617	$12.08M	2.0%	$13.26	—	COM	690828108
KMI	KINDER MORGAN INC DEL	240,002	$10.15M	1.7%	$22.45	0.0%	COM	49456B101
—	MARVELL TECHNOLOGY GROUP LTD	490,959	$7.119M	1.2%	$14.50	—	ORD	G5876H105
EBAY	EBAY INC	126,018	$7.072M	1.2%	$19.84	+1.8%	COM	278642103
ECC	EAGLE PT CR CO LLC	252,445	$5.074M	0.8%	$20.10	—	COM	269808101
—	CIVEO CORP	897,764	$3.69M	0.6%	$4.11	—	COM	178787107
—	CALLON PETE CO DEL	587,064	$3.199M	0.5%	$5.45	—	COM	13123X102
GNW	GENWORTH FINL INC	370,200	$3.147M	0.5%	$10.50	0.0%	COM CL A	37247D106
SLV	ISHARES SILVER TRUST	200,000	$3.012M	0.5%	—	—	Call	46428Q109
BANC	BANC CALIF INC	242,832	$2.785M	0.5%	$8.45	+1.5%	COM	05990K106
SLB	SCHLUMBERGER LTD	32,012	$2.734M	0.5%	$58.88	+14.4%	COM	806857108
NVS	NOVARTIS A G	27,330	$2.532M	0.4%	$71.00	—	SPONSORED ADR	66987V109
—	POTASH CORP SASK INC	68,158	$2.407M	0.4%	$36.03	—	COM	73755L107
FFIV	F5 NETWORKS INC	18,310	$2.389M	0.4%	$77.49	+60.9%	COM	315616102
—	CANADIAN PAC RY LTD	12,366	$2.383M	0.4%	$134.71	—	COM	13645T100
CNI	CANADIAN NATL RY CO	30,966	$2.134M	0.4%	$43.61	+28.2%	COM	136375102
—	ALLERGAN INC	9,667	$2.055M	0.3%	$129.75	—	COM	018490102
—	ENERGIZER HLDGS INC	15,659	$2.013M	0.3%	$97.00	—	COM	29266R108
NEU	NEWMARKET CORP	4,694	$1.894M	0.3%	$224.48	+39.4%	COM	651587107
—	LORILLARD INC	29,100	$1.832M	0.3%	$52.97	—	COM	544147101
KMX	CARMAX INC	27,311	$1.818M	0.3%	$48.59	+14.1%	COM	143130102
SU	SUNCOR ENERGY INC NEW	54,657	$1.737M	0.3%	$21.40	+4.5%	COM	867224107
DECK	DECKERS OUTDOOR CORP	18,814	$1.713M	0.3%	$10.45	+45.7%	COM	243537107
CVS	CVS HEALTH CORP	17,224	$1.659M	0.3%	$41.55	+55.1%	COM	126650100
DXJ	WISDOMTREE TR	33,400	$1.644M	0.3%	—	—	Put	97717W851
—	INGERSOLL-RAND PLC	25,428	$1.612M	0.3%	$58.30	—	SHS	G47791101
—	THE ADT CORPORATION	44,442	$1.61M	0.3%	$35.98	—	COM	00101J106
THC	TENET HEALTHCARE CORP	31,174	$1.58M	0.3%	$43.86	+19.2%	COM NEW	88033G407
AAP	ADVANCE AUTO PARTS INC	9,879	$1.574M	0.3%	$72.05	+78.2%	COM	00751Y106
TGT	TARGET CORP	20,073	$1.524M	0.3%	$43.30	+12.2%	COM	87612E106
TDC	TERADATA CORP DEL	34,638	$1.513M	0.2%	$43.15	-0.8%	COM	88076W103
ETN	EATON CORP PLC	21,974	$1.493M	0.2%	$52.23	-3.0%	SHS	G29183103
BTI	BRITISH AMERN TOB PLC	13,791	$1.487M	0.2%	$108.22	—	SPONSORED ADR	110448107
—	CHINA MOBILE LIMITED	25,163	$1.48M	0.2%	$47.72	—	SPONSORED ADR	16941M109
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	26,999	$1.422M	0.2%	$44.29	0.0%	CL A	192446102
DLTR	DOLLAR TREE INC	19,635	$1.382M	0.2%	$56.48	+11.6%	COM	256746108
AIG	AMERICAN INTL GROUP INC	24,517	$1.373M	0.2%	$32.80	+25.4%	COM NEW	026874784
DG	DOLLAR GEN CORP NEW	18,837	$1.332M	0.2%	$45.69	+23.9%	COM	256677105
DEO	DIAGEO P L C	11,607	$1.324M	0.2%	$119.46	—	SPON ADR NEW	25243Q205
MSI	MOTOROLA SOLUTIONS INC	19,674	$1.32M	0.2%	$53.20	0.0%	COM NEW	620076307
ODFL	OLD DOMINION FGHT LINES INC	16,997	$1.32M	0.2%	$13.63	+75.0%	COM	679580100
BAX	BAXTER INTL INC	17,760	$1.302M	0.2%	$29.88	+8.1%	COM	071813109
WTM	WHITE MTNS INS GROUP LTD	2,064	$1.301M	0.2%	$583.66	+9.0%	COM	G9618E107
—	UNILEVER N V	31,759	$1.24M	0.2%	$40.41	—	N Y SHS NEW	904784709
SGI	TEMPUR SEALY INTL INC	22,563	$1.239M	0.2%	$10.79	+26.5%	COM	88023U101
—	ALLIANT TECHSYSTEMS INC	10,526	$1.224M	0.2%	$105.86	—	COM	018804104
—	UBS AG	68,095	$1.126M	0.2%	$18.37	—	SHS NEW	H89231338
UHAL	AMERCO	3,838	$1.091M	0.2%	$27.10	0.0%	COM	023586100
AFL	AFLAC INC	17,745	$1.084M	0.2%	$20.36	+11.5%	COM	001055102
CNQ	CANADIAN NAT RES LTD	34,377	$1.062M	0.2%	$9.71	+5.9%	COM	136385101
—	INVESTORS BANCORP INC NEW	94,546	$1.061M	0.2%	$10.16	—	COM	46146L101
BRK/B	BERKSHIRE HATHAWAY INC DEL	6,797	$1.021M	0.2%	$110.22	+31.0%	CL B NEW	084670702
HAS	HASBRO INC	18,445	$1.014M	0.2%	$33.03	+18.8%	COM	418056107
PSMT	PRICESMART INC	11,107	$1.013M	0.2%	$76.80	+3.1%	COM	741511109
RIO	RIO TINTO PLC	21,951	$1.011M	0.2%	$49.98	—	SPONSORED ADR	767204100
ALLY	ALLY FINL INC	40,714	$962K	0.2%	$18.86	-8.4%	COM	02005N100
—	RENTECH INC	759,660	$957K	0.2%	$1.90	—	COM	760112102
—	GOVERNMENT PPTYS INCOME TR	41,459	$954K	0.2%	$23.01	—	COM SHS BEN INT	38376A103
—	EATON VANCE CORP	23,162	$948K	0.2%	$38.05	—	COM NON VTG	278265103
MLM	MARTIN MARIETTA MATLS INC	8,284	$914K	0.2%	$97.62	+10.8%	COM	573284106
COP	CONOCOPHILLIPS	13,181	$910K	0.2%	$40.61	+20.3%	COM	20825C104
MSB	MESABI TR	50,824	$878K	0.1%	$19.58	—	CTF BEN INT	590672101
—	U S G CORP	30,854	$864K	0.1%	$28.00	—	COM NEW	903293405
—	ADVENT SOFTWARE INC	27,821	$852K	0.1%	$29.35	—	COM	007974108
—	WEATHERFORD INTL PLC	72,775	$833K	0.1%	$20.80	—	ORD SHS	G48833100
GNTX	GENTEX CORP	22,316	$806K	0.1%	$14.54	+14.2%	COM	371901109
SBH	SALLY BEAUTY HLDGS INC	25,640	$788K	0.1%	$26.57	+11.8%	COM	79546E104
WU	WESTERN UN CO	43,509	$779K	0.1%	$17.90	—	COM	959802109
—	CROSSROADS SYS INC	309,353	$773K	0.1%	$2.85	—	COM NEW	22765D209
MTB	M & T BK CORP	5,909	$742K	0.1%	$79.07	+13.8%	COM	55261F104
—	REYNOLDS AMERICAN INC	11,460	$737K	0.1%	$64.31	—	COM	761713106
—	VECTOR GROUP LTD	34,378	$733K	0.1%	$21.32	—	COM	92240M108
MKL	MARKEL CORP	1,048	$716K	0.1%	$542.65	+25.0%	COM	570535104
QCOM	QUALCOMM INC	9,550	$710K	0.1%	$53.34	0.0%	COM	747525103
—	DENTSPLY INTL INC NEW	13,121	$699K	0.1%	$53.27	—	COM	249030107
—	BP PRUDHOE BAY RTY TR	10,268	$695K	0.1%	$67.69	—	UNIT BEN INT	055630107
MRCC	MONROE CAP CORP	47,005	$680K	0.1%	$3.31	+19.9%	COM	610335101
FR	FIRST INDUSTRIAL REALTY TRUS	32,891	$676K	0.1%	$17.67	—	COM	32054K103
BIDU	BAIDU INC	2,924	$667K	0.1%	$94.63	—	SPON ADR REP A	056752108
—	BROOKFIELD ASSET MGMT INC	12,733	$638K	0.1%	$40.22	—	CL A LTD VT SH	112585104
MBI	MBIA INC	66,378	$633K	0.1%	$5.48	-23.2%	COM	55262C100
CVX	CHEVRON CORP NEW	5,628	$631K	0.1%	$71.50	-1.4%	COM	166764100
VYX	NCR CORP NEW	21,514	$627K	0.1%	$19.14	-8.2%	COM	62886E108
—	CBS CORP NEW	11,317	$626K	0.1%	$55.32	—	CL B	124857202
—	CABELAS INC	11,836	$624K	0.1%	$64.88	—	COM	126804301
—	PARTNERRE LTD	5,327	$608K	0.1%	$90.58	—	COM	G6852T105
—	AIRCASTLE LTD	28,137	$601K	0.1%	$21.36	—	COM	G0129K104
UIS	UNISYS CORP	20,379	$601K	0.1%	$25.16	0.0%	COM NEW	909214306
—	APOLLO ED GROUP INC	17,225	$588K	0.1%	$34.14	—	CL A	037604105
—	INTERPUBLIC GROUP COS INC	28,290	$588K	0.1%	$12.87	0.0%	COM	460690100
—	TESSERA TECHNOLOGIES INC	16,180	$579K	0.1%	$35.78	—	COM	88164L100
—	TIME WARNER INC	6,710	$573K	0.1%	$85.39	—	COM NEW	887317303
—	HEWLETT PACKARD CO	14,273	$573K	0.1%	$40.15	—	COM	428236103
MAN	MANPOWERGROUP INC	8,390	$572K	0.1%	$66.46	0.0%	COM	56418H100
PBI	PITNEY BOWES INC	23,292	$568K	0.1%	$24.43	0.0%	COM	724479100
—	INTERVAL LEISURE GROUP INC	27,152	$567K	0.1%	$20.88	—	COM	46113M108
—	SOUFUN HLDGS LTD	76,542	$566K	0.1%	$7.39	—	ADR	836034108
—	KELLOGG CO	8,525	$558K	0.1%	$40.67	0.0%	COM	487836108
IDCC	INTERDIGITAL INC	10,515	$556K	0.1%	$48.18	0.0%	COM	45867G101
KFY	KORN FERRY INTL	19,282	$555K	0.1%	$23.28	0.0%	COM NEW	500643200
—	NEW ORIENTAL ED & TECH GRP I	27,110	$553K	0.1%	$20.40	—	SPON ADR	647581107
ACN	ACCENTURE PLC IRELAND	6,185	$552K	0.1%	$69.26	0.0%	SHS CLASS A	G1151C101
DOV	DOVER CORP	7,690	$552K	0.1%	$50.83	0.0%	COM	260003108
GD	GENERAL DYNAMICS CORP	4,000	$550K	0.1%	$107.02	0.0%	COM	369550108
PM	PHILIP MORRIS INTL INC	6,750	$550K	0.1%	$49.22	0.0%	COM	718172109
BHP	BHP BILLITON LTD	11,594	$549K	0.1%	$63.65	—	SPONSORED ADR	088606108
TRN	TRINITY INDS INC	19,385	$543K	0.1%	$17.21	0.0%	COM	896522109
IBM	INTERNATIONAL BUSINESS MACHS	3,319	$533K	0.1%	$106.40	-5.6%	COM	459200101
MFC	MANULIFE FINL CORP	27,270	$521K	0.1%	$17.40	+8.8%	COM	56501R106
GME	GAMESTOP CORP NEW	14,948	$505K	0.1%	$6.94	+3.2%	CL A	36467W109
GILD	GILEAD SCIENCES INC	5,360	$505K	0.1%	$71.85	0.0%	COM	375558103
—	ANADARKO PETE CORP	5,902	$487K	0.1%	$82.07	—	COM	032511107
—	COACH INC	12,814	$481K	0.1%	$52.75	—	COM	189754104
—	BAKER HUGHES INC	8,553	$480K	0.1%	$56.12	—	COM	057224107
SBUX	STARBUCKS CORP	5,846	$480K	0.1%	$26.51	+17.9%	COM	855244109
TS	TENARIS S A	15,870	$479K	0.1%	$43.52	—	SPONSORED ADR	88031M109
—	APACHE CORP	7,200	$451K	0.1%	$84.09	—	COM	037411105
MPC	MARATHON PETE CORP	5,000	$451K	0.1%	$27.14	+15.5%	COM	56585A102
—	NABORS INDUSTRIES LTD	31,467	$408K	0.1%	$18.45	—	SHS	G6359F103
ALLE	ALLEGION PUB LTD CO	7,188	$399K	0.1%	$44.59	+3.2%	ORD SHS	G0176J109
—	MARATHON OIL CORP	14,000	$396K	0.1%	$34.60	—	COM	565849106
JNJ	JOHNSON & JOHNSON	3,742	$391K	0.1%	$62.66	+23.4%	COM	478160104
—	ATWOOD OCEANICS INC	12,023	$341K	0.1%	$52.02	—	COM	050095108
—	NOBLE CORP PLC	20,403	$338K	0.1%	$22.23	—	SHS USD	G65431101
RGR	STURM RUGER & CO INC	9,770	$338K	0.1%	$59.25	-31.1%	COM	864159108
ABBV	ABBVIE INC	5,047	$330K	0.1%	$27.23	+47.8%	COM	00287Y109
VALE	VALE S A	39,209	$321K	0.1%	$13.80	—	ADR	91912E105
MEOH	METHANEX CORP	7,004	$321K	0.1%	$54.52	0.0%	COM	59151K108
—	ACCESS MIDSTREAM PARTNERS L	5,097	$276K	0.0%	$56.45	—	UNIT	00434L109
—	CORE LABORATORIES N V	2,254	$271K	0.0%	$178.45	—	COM	N22717107
ABT	ABBOTT LABS	5,963	$268K	0.0%	$28.90	+22.2%	COM	002824100
—	ARISTA NETWORKS INC	4,330	$263K	0.0%	$88.22	—	COM	040413106
—	BABCOCK & WILCOX CO NEW	8,577	$260K	0.0%	$32.46	—	COM	05615F102
—	TALISMAN ENERGY INC	31,404	$246K	0.0%	$10.69	—	COM	87425E103
—	ENSCO PLC	8,087	$242K	0.0%	$54.14	—	SHS CLASS A	G3157S106
AMGN	AMGEN INC	1,355	$216K	0.0%	$113.30	0.0%	COM	031162100
MCK	MCKESSON CORP	1,011	$210K	0.0%	$186.87	0.0%	COM	58155Q103
CF	CF INDS HLDGS INC	760	$207K	0.0%	$28.70	+34.9%	COM	125269100
BAC	BANK AMER CORP	11,400	$204K	0.0%	$10.80	+25.4%	COM	060505104
—	CTC MEDIA INC	33,552	$163K	0.0%	$4.86	—	COM	12642X106
—	NATIONAL CINEMEDIA INC	11,355	$163K	0.0%	$14.35	—	COM	635309107
TECK	TECK RESOURCES LTD	10,876	$148K	0.0%	$24.14	-36.8%	CL B	878742204
—	SHANDA GAMES LTD	25,077	$142K	0.0%	$5.18	—	SP ADR REPTG A	81941U105
—	DYAX CORP	10,000	$141K	0.0%	$3.47	—	COM	26746E103
PGN1EUR	PARAGON OFFSHORE PLC	13,509	$37,000	0.0%	$6.14	—	SHS	G6S01W108