Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
WTM	WHITE MTNS INS GRP LTD COM	47,157	$35.24M	3.5%	$747.29	$585.61	+27.6%	COM	G9618E107
—	THE ADT CORPORATION COM	903,657	$27.02M	2.7%	$29.90	$36.23	—	COM	00101J106
—	CORRECTIONS CP AM NEW COM NEW	913,901	$27M	2.7%	$29.54	$32.41	—	COM	22025Y407
DKS	DICKS SPORTING GOODS COM	538,716	$26.73M	2.7%	$49.61 *	$35.83	+4.9%	COM	253393102
CFG	CITIZENS FINL GRP INC COM	1,092,219	$26.06M	2.6%	$23.86 *	$18.02	-8.9%	COM	174610105
BEN	FRANKLIN RES INC	684,472	$25.5M	2.6%	$37.26 *	$30.42	-24.8%	COM	354613101
RHP	RYMAN HOSPITALITY PPTY COM	509,058	$25.06M	2.5%	$49.23	$40.62	—	COM	78377T107
CLH	CLEAN HARBORS INC COM	563,361	$24.77M	2.5%	$43.97	$53.17	-17.3%	COM	184496107
—	APACHE CORP	632,217	$24.76M	2.5%	$39.16	$53.96	—	COM	037411105
HII	HUNTINGTON INGALLS IND COM	228,744	$24.51M	2.5%	$107.15 *	$103.87	-15.0%	COM	446413106
—	PPL CORP	731,941	$24.07M	2.4%	$32.89	$33.51	—	COM	69351t106
BOKF	BOK FINL CORP COM NEW	370,698	$23.99M	2.4%	$64.71 *	$47.21	+5.6%	COM	05561Q201
INGR	INGREDION INC COM	273,673	$23.89M	2.4%	$87.31	$67.28	+29.8%	COM	457187102
FITB	FIFTH THIRD BANCORP COM	1,261,096	$23.85M	2.4%	$18.91 *	$12.31	+7.7%	COM	316773100
FFIV	F5 NETWORKS INC COM	205,610	$23.81M	2.4%	$115.80	$122.91	-5.8%	COM	315616102
—	HEALTHSOUTH CORP COM NEW	605,751	$23.24M	2.3%	$38.37	$42.82	—	COM	421924309
—	DISCOVERY COMMUN NEW COM SER A	874,964	$22.77M	2.3%	$26.03	$33.64	—	COM	25470F104
—	INVESTORS BANCORP INC COM	1,813,636	$22.38M	2.3%	$12.34	$11.04	—	COM	46146L101
—	ASHLAND INC NEW COM	218,595	$22M	2.2%	$100.62	$88.93	—	COM	044209104
ATR	APTARGROUP	330,530	$21.8M	2.2%	$65.96 *	$54.40	+5.3%	COM	038336103
—	CAMERON INTL CORP COM	338,109	$20.73M	2.1%	$61.32	$49.89	—	COM	13342B105
ETR	ENTERGY	317,310	$20.66M	2.1%	$65.10 *	$22.95	-5.3%	COM	29364G103
ADM	ARCHER DANIELS	463,119	$19.2M	1.9%	$41.45 *	$33.53	-9.0%	COM	039483102
RRC	RANGE RES CORP COM	596,617	$19.16M	1.9%	$32.12	$47.70	-32.7%	COM	75281A109
GNTX	GENTEX CORP COM	1,231,580	$19.09M	1.9%	$15.50	$15.89	-2.5%	COM	371901109
—	JOHNSON CTRLS	459,745	$19.02M	1.9%	$41.36	$41.36	—	COM	478366107
—	DST SYSTEMS	180,017	$18.93M	1.9%	$105.14	$83.64	—	COM	233326107
—	PLUM CRK TIMBER	478,234	$18.89M	1.9%	$39.51	$45.69	—	COM	729251108
—	EATON VANCE	558,103	$18.65M	1.9%	$33.42	$38.57	—	COM	278265103
—	INTERPUBLIC GROUP	937,000	$17.93M	1.8%	$19.13 *	$13.59	-3.8%	COM	460690100
PNW	PINNACLE WEST CAP CORP COM	258,165	$16.56M	1.7%	$64.14 *	$40.69	+5.3%	COM	723484101
—	LAM RESEARCH	246,615	$16.11M	1.6%	$65.33	$64.96	—	COM	512807108
—	PIONEER NAT RES	130,155	$15.83M	1.6%	$121.64	$121.64	—	COM	723787107
AFG	AMERICAN FINL GROUP	223,239	$15.38M	1.5%	$68.91 *	$21.43	+50.6%	COM	025932104
—	ST JUDE MEDICAL	242,810	$15.32M	1.5%	$63.09	$63.09	—	COM	790849103
FOSL	FOSSIL GROUP, INC.	259,010	$14.47M	1.5%	$55.88	$73.44	-23.9%	COM	34988V106
PEG	PUBLIC SRVS ENTERPR.	323,126	$13.62M	1.4%	$42.16 *	$21.89	+35.0%	COM	744573106
SNPS	SYNOPSYS INC COM	294,465	$13.6M	1.4%	$46.18	$36.34	+27.1%	COM	871607107
EXPD	EXPEDITORS INTL WASH COM	285,689	$13.44M	1.4%	$47.05 *	$33.06	+24.6%	COM	302130109
UHS	UNIVERSAL HEALTH	96,895	$12.09M	1.2%	$124.81 *	$66.66	+79.3%	COM	913903100
—	ORBITAL ATK INC COM	157,984	$11.35M	1.1%	$71.87	$76.63	—	COM	68557N103
JLL	JONES LANG LASALLE INC COM	70,033	$10.07M	1.0%	$143.78 *	$88.36	+58.7%	COM	48020Q107
STC	STEWART INFORMATN SVCS COM	168,495	$6.893M	0.7%	$40.91	$31.07	+31.7%	COM	860372101
FCNCA	FIRST CTZNS BANCSHS NC CL A	25,990	$5.874M	0.6%	$226.01 *	$209.58	+4.0%	COM	31946M103
—	FRESH MKT INC COM	248,797	$5.62M	0.6%	$22.59	$31.48	—	COM	35804H106
—	NAVIGATORS GROUP INC	68,768	$5.363M	0.5%	$77.99	$60.60	—	COM	638904102
SRCE	1ST SOURCE CORP COM	165,257	$5.09M	0.5%	$30.80	$29.53	—	COM	336901103
—	AIR METHODS CORP	134,708	$4.592M	0.5%	$34.09	$44.77	—	COM	009128307
UNF	UNIFIRST CORP MASS COM	35,840	$3.828M	0.4%	$106.81 *	$103.46	-1.5%	COM	904708104
MUSA	MURPHY USA INC COM	67,764	$3.724M	0.4%	$54.96 *	$57.29	-6.8%	COM	626755102
—	AEROJET ROCKETDYNE HLD COM	227,779	$3.685M	0.4%	$16.18	$20.61	—	COM	007800105
—	MENTOR GRAPHICS CORP COM	144,684	$3.564M	0.4%	$24.63	$21.92	—	COM	587200106
AAPL	APPLE COMPUTER INC	31,808	$3.508M	0.4%	$110.29 *	$17.98	+37.7%	COM	037833100
CMTL	COMTECH TELECOMMUNICAT COM NEW	161,496	$3.328M	0.3%	$20.61 *	$26.26	-37.4%	COM	205826209
—	INT'L SPEEDWAY	95,319	$3.024M	0.3%	$31.73	$32.61	—	COM	460335201
—	VECTOR GROUP LTD COM	128,720	$2.91M	0.3%	$22.61	$21.42	—	COM	92240M108
—	EL PASO ELEC CO COM NEW	74,613	$2.747M	0.3%	$36.82	$36.73	—	COM	283677854
PRSU	VIAD CORP NEW	89,322	$2.589M	0.3%	$28.99 *	$22.33	+24.7%	COM	92552R406
—	AVX CORPORATION	194,972	$2.552M	0.3%	$13.09	$12.12	—	COM	002444107
PFE	PFIZER INC	78,867	$2.477M	0.2%	$31.41 *	$16.50	+16.4%	COM	717081103
—	GLOBAL BRASS & COPPER COM	120,479	$2.471M	0.2%	$20.51	$16.45	—	COM	37953G103
CVS	CVS HEALTH CORPORATION	24,552	$2.369M	0.2%	$96.49 *	$42.24	+68.9%	COM	126650100
TBI	TRUEBLUE INC COM	96,896	$2.177M	0.2%	$22.47	$24.39	-7.9%	COM	89785X101
—	FORESTAR GROUP INC COM	165,165	$2.172M	0.2%	$13.15	$15.51	—	COM	346233109
—	PICO HLDGS INC COM NEW	223,766	$2.166M	0.2%	$9.68	$21.38	—	COM	693366205
ALEX	ALEXANDER & BALDWIN IN COM	58,750	$2.017M	0.2%	$34.33	$34.33	—	COM	014491104
TMO	THERMO FISHER SCIENTIFIC INC	16,380	$2.003M	0.2%	$122.28 *	$119.39	-0.6%	COM	883556102
—	GLAXOSMITHKLINE PLC SPONSORED	50,325	$1.935M	0.2%	$38.45	$47.50	—	COM	37733W105
—	EXPRESS SCRIPTS HOLDING CO	23,800	$1.927M	0.2%	$80.97	$62.61	—	COM	30219G108
TBPH	THERAVANCE BIOPHARMA I COM	164,249	$1.805M	0.2%	$10.99	$16.28	-32.5%	COM	G8807B106
GOOGL	GOOGLE INC CL A	2,680	$1.711M	0.2%	$638.43 *	$31.95	-0.9%	COM	02079K305
—	RPX CORP COM	118,692	$1.628M	0.2%	$13.72	$15.48	—	COM	74972G103
EPM	EVOLUTION PETE CORP COM	291,279	$1.617M	0.2%	$5.55 *	$5.75	-47.9%	COM	30049A107
SYY	SYSCO CORP COM	39,920	$1.556M	0.2%	$38.98 *	$25.74	+16.2%	COM	871829107
TJX	TJX COMPANIES	21,310	$1.522M	0.2%	$71.42 *	$27.65	+11.9%	COM	872540109
MDT	MEDTRONIC PLC	22,735	$1.522M	0.2%	$66.95 *	$55.08	-5.5%	COM	G5960L103
CTSH	COGNIZANT TECH SOLUTNS CL A	24,265	$1.519M	0.2%	$62.60 *	$44.27	+25.4%	COM	192446102
XLY	SELECT SECTOR SPDR TR SBI CONS	20,295	$1.507M	0.2%	$74.25 *	$32.60	+13.9%	COM	81369Y407
ODC	OIL DRI CORP AMER COM	63,298	$1.45M	0.1%	$22.91 *	$17.24	-33.6%	COM	677864100
MKSI	MKS INSTRUMENT INC COM	41,120	$1.379M	0.1%	$33.54 *	$31.60	-3.3%	COM	55306N104
DHR	DANAHER CORP	15,915	$1.356M	0.1%	$85.20 *	$36.01	-2.9%	COM	235851102
MSFT	MICROSOFT CORP	30,435	$1.347M	0.1%	$44.26 *	$35.95	+7.1%	COM	594918104
BRK/B	BERKSHIRE HATHAWAY CL B	9,863	$1.286M	0.1%	$130.39	$111.78	+16.7%	COM	084670702
LUV	SOUTHWEST AIR	33,470	$1.273M	0.1%	$38.03 *	$32.73	+3.2%	COM	844741108
MA	MASTERCARD INC COM	13,845	$1.248M	0.1%	$90.14 *	$86.11	-1.6%	COM	57636Q104
KMI	KINDER MORGAN INC DEL COM	42,915	$1.188M	0.1%	$27.68 *	$21.08	-22.2%	COM	49456B101
—	FIRSTSERVICE CORP NEW SUB VTG	36,773	$1.187M	0.1%	$32.28	$28.78	—	COM	33767E103
ZBH	ZIMMER BIOMET HOLDINGS INC	12,550	$1.179M	0.1%	$93.94 *	$95.71	-12.3%	COM	98956P102
HON	HONEYWELL INTL INC	11,460	$1.085M	0.1%	$94.68 *	$73.33	-6.3%	COM	438516106
EMR	EMERSON ELECTRIC CO	23,650	$1.045M	0.1%	$44.19 *	$41.58	-19.0%	COM	291011104
GILD	GILEAD SCIENCES, INC.	10,490	$1.03M	0.1%	$98.19 *	$77.50	-11.3%	COM	375558103
PRGO	PERRIGO CO PCL SHS	6,410	$1.008M	0.1%	$157.25	$183.44	-14.3%	COM	G97822103
AEP	AMERICAN ELEC. PWR	17,425	$991K	0.1%	$56.87 *	$38.45	+2.8%	COM	025537101
—	TRISTATE CAP HLDGS INC COM	75,312	$939K	0.1%	$12.47	$11.86	—	COM	89678F100
CSCO	CISCO SYS INC	32,760	$860K	0.1%	$26.25 *	$15.59	+22.1%	COM	17275R102
FSTR	FOSTER L B CO COM	63,513	$780K	0.1%	$12.28	$39.50	-69.3%	COM	350060109
BA	BOEING CO	5,870	$769K	0.1%	$131.01 *	$127.79	-8.7%	COM	097023105
SPSB	SPDR SERIES TRUST BARC CAPTL E	23,870	$729K	0.1%	$30.54	$30.76	-0.8%	COM	78464A474
IBOC	INTERNATIONAL BNCSHRS COM	28,145	$704K	0.1%	$25.01 *	$20.18	-4.7%	COM	459044103
GOOG	GOOGLE INC CL C	1,134	$690K	0.1%	$608.47 *	$30.50	-1.0%	COM	02079K107
UNP	UNION PACIFIC	7,669	$678K	0.1%	$88.41 *	$68.27	+2.9%	COM	907818108
ADC	AGREE REALTY CORP COM	22,361	$667K	0.1%	$29.83	$30.13	—	COM	008492100
—	SP PLUS CORP COM	28,537	$661K	0.1%	$23.16	$23.81	—	COM	78469C103
—	ARC DOCUMENT SOLUTIONS COM	109,960	$654K	0.1%	$5.95	$5.95	—	COM	00191G103
—	AGL RES INC COM	9,240	$564K	0.1%	$61.04	$43.63	—	COM	001204106
ACH	OWENS & MINOR	17,009	$543K	0.1%	$31.92 *	$28.63	-2.4%	COM	690732102
—	DIME CMNTY BANCSHARES COM	27,604	$467K	0.0%	$16.92	$15.34	—	COM	253922108
NPKI	NEWPARK RES INC COM PAR $.01NE	83,846	$429K	0.0%	$5.12	$11.49	-55.4%	COM	651718504
NTRS	NORTHERN TRUST	4,100	$279K	0.0%	$68.05 *	$40.35	+28.2%	COM	665859104
JPM	J P MORGAN CHASE & CO COM	4,580	$279K	0.0%	$60.92 *	$36.64	+26.1%	COM	46625H100
CAH	CARDINAL HEALTH	3,560	$273K	0.0%	$76.69 *	$33.89	+69.8%	COM	14149Y108
—	POWERSHARES ETF TRUST DYN MEDI	10,130	$243K	0.0%	$23.99	$23.99	—	COM	73935X823
PG	PROCTER & GAMBLE	3,094	$223K	0.0%	$72.07 *	$56.07	-3.4%	COM	742718109
SPY	SPDR S&P 500 ETF TRUST	1,130	$217K	0.0%	$192.04	$202.84	-5.5%	COM	78462F103
HOLX	HOLOGIC INC	5,150	$202K	0.0%	$39.22	$21.40	+82.9%	COM	436440101
—	DENBURY RES INC COM NEW	19,575	$48,000	0.0%	$2.45	$13.47	—	COM	247916208