Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	JOHNSON & JOHNSON	137,021	$12.79M	2.5%	$61.22	+18.4%	COM	478160104
MSFT	MICROSOFT CORP	285,941	$12.66M	2.5%	$28.40	+37.0%	COM	594918104
—	GENERAL ELECTRIC CO	443,313	$11.18M	2.2%	$23.23	—	COM	369604103
XOM	EXXON MOBIL CORP	145,813	$10.84M	2.1%	$53.91	-9.0%	COM	30231G102
USB	US BANCORP DEL	252,310	$10.35M	2.0%	$24.42	+22.0%	COM NEW	902973304
PFE	PFIZER INC	318,911	$10.02M	2.0%	$16.46	+25.2%	COM	717081103
PG	PROCTER & GAMBLE CO	138,598	$9.971M	2.0%	$56.12	+0.4%	COM	742718109
JPM	JPMORGAN CHASE & CO	157,452	$9.6M	1.9%	$39.03	+27.1%	COM	46625H100
CVS	CVS HEALTH CORP	95,485	$9.212M	1.8%	$66.57	+16.9%	COM	126650100
WFC	WELLS FARGO & CO NEW	178,618	$9.172M	1.8%	$32.62	+25.9%	COM	949746101
—	AT&T INC	241,388	$7.864M	1.5%	$35.40	—	COM	00206r102
LNC	LINCOLN NATL CORP IND	160,000	$7.594M	1.5%	$30.01	+21.4%	COM	534187109
IBM	INTERNATIONAL BUSINESS MACHS	50,728	$7.354M	1.4%	$108.10	-11.8%	COM	459200101
SO	SOUTHERN CO	159,684	$7.138M	1.4%	$27.20	+4.1%	COM	842587107
—	EXPRESS SCRIPTS HLDG CO	86,925	$7.037M	1.4%	$61.74	—	COM	30219G108
—	WESTROCK CO	135,703	$6.981M	1.4%	$51.44	—	COM	96145d105
BDX	BECTON DICKINSON & CO	52,319	$6.941M	1.4%	$104.23	+14.4%	COM	075887109
INTC	INTEL CORP	230,269	$6.94M	1.4%	$19.71	+14.8%	COM	458140100
—	3M CO	47,532	$6.739M	1.3%	$109.35	—	COM	88579y101
JBL	JABIL CIRCUIT INC	300,638	$6.725M	1.3%	$18.43	-0.9%	COM	466313103
CSCO	CISCO SYS INC	255,492	$6.707M	1.3%	$15.24	+28.5%	COM	17275R102
—	NOVARTIS A G	72,415	$6.656M	1.3%	$70.71	—	SPONSORED ADR	66987v109
—	BLACKROCK INC	21,852	$6.5M	1.3%	$256.84	—	COM	09247X101
AXP	AMERICAN EXPRESS CO	83,661	$6.202M	1.2%	$69.37	-4.5%	COM	025816109
LMT	LOCKHEED MARTIN CORP	29,201	$6.054M	1.2%	$71.65	+114.8%	COM	539830109
DIS	DISNEY WALT CO	58,502	$5.979M	1.2%	$57.38	+73.8%	COM DISNEY	254687106
CVX	CHEVRON CORP NEW	75,739	$5.974M	1.2%	$71.73	-24.9%	COM	166764100
—	TARGET CORP	75,110	$5.908M	1.2%	$61.99	—	COM	87612e106
CAT	CATERPILLAR INC DEL	87,648	$5.729M	1.1%	$61.74	-4.3%	COM	149123101
ELV	ANTHEM INC	39,054	$5.468M	1.1%	$105.54	+23.0%	COM	036752103
BAC	BANK AMER CORP	345,140	$5.377M	1.1%	$11.19	+20.1%	COM	060505104
AAPL	APPLE INC	48,484	$5.348M	1.0%	$17.80	+47.7%	COM	037833100
VXUS	VANGUARD STAR FD	117,050	$5.188M	1.0%	$50.35	—	VG TL INTL STK F	921909768
—	ANNALY CAP MGMT INC	524,243	$5.174M	1.0%	$11.96	—	COM	035710409
MCD	MCDONALDS CORP	52,020	$5.126M	1.0%	$72.08	+4.5%	COM	580135101
AVT	AVNET INC	120,000	$5.122M	1.0%	$30.22	+9.1%	COM	053807103
KO	COCA COLA CO	125,324	$5.028M	1.0%	$27.85	+3.5%	COM	191216100
—	PPL CORP	151,801	$4.993M	1.0%	$30.25	—	COM	69351t106
FHI	FEDERATED INVS INC PA	167,965	$4.854M	1.0%	$16.58	+19.6%	CL B	314211103
—	COMCAST CORP NEW	84,504	$4.807M	0.9%	$41.75	—	CL A	20030n101
PNC	PNC FINL SVCS GROUP INC	52,201	$4.656M	0.9%	$47.34	+43.0%	COM	693475105
C	CITIGROUP INC	90,000	$4.465M	0.9%	$36.85	+10.6%	COM NEW	172967424
PEP	PEPSICO INC	46,762	$4.41M	0.9%	$56.00	+24.1%	COM	713448108
AIR	AAR CORP	230,000	$4.363M	0.9%	$22.41	+10.6%	COM	000361105
HD	HOME DEPOT INC	36,973	$4.27M	0.8%	$56.05	+61.4%	COM	437076102
—	DOW CHEM CO	100,180	$4.248M	0.8%	$32.17	—	COM	260543103
RJF	RAYMOND JAMES FINANCIAL INC	85,111	$4.224M	0.8%	$24.16	+31.4%	COM	754730109
—	OWENS ILL INC	200,000	$4.144M	0.8%	$24.64	—	COM NEW	690768403
ALL	ALLSTATE CORP	71,047	$4.138M	0.8%	$37.76	+31.8%	COM	020002101
CAG	CONAGRA FOODS INC	101,267	$4.102M	0.8%	$16.04	+46.1%	COM	205887102
—	COVANTA HLDG CORP	228,626	$3.99M	0.8%	$17.55	—	COM	22282e102
NSC	NORFOLK SOUTHERN CORP	49,800	$3.805M	0.7%	$57.67	+12.9%	COM	655844108
ON	ON SEMICONDUCTOR CORP	396,800	$3.73M	0.7%	$7.80	+30.2%	COM	682189105
—	CAI INTERNATIONAL INC	363,266	$3.662M	0.7%	$14.20	—	COM	12477X106
CME	CME GROUP INC	39,264	$3.641M	0.7%	$39.45	+59.9%	COM	12572Q105
—	AGL RES INC	59,452	$3.629M	0.7%	$44.48	—	COM	001204106
—	TENNECO INC	80,000	$3.582M	0.7%	$44.89	—	COM	880349105
—	ARES COML REAL ESTATE CORP	274,174	$3.287M	0.6%	$12.76	—	COM	04013v108
—	CITRIX SYS INC	46,922	$3.251M	0.6%	$68.29	—	COM	177376100
—	VERIFONE SYS INC	115,155	$3.193M	0.6%	$20.57	—	COM	92342Y109
FDUS	FIDUS INVT CORP	223,350	$3.078M	0.6%	$5.03	-8.0%	COM	316500107
WMT	WAL-MART STORES INC	46,865	$3.039M	0.6%	$19.00	-0.5%	COM	931142103
FITB	FIFTH THIRD BANCORP	160,000	$3.026M	0.6%	$12.16	+16.4%	COM	316773100
DUK	DUKE ENERGY CORP NEW	40,976	$2.948M	0.6%	$41.83	+12.8%	COM NEW	26441C204
AIG	AMERICAN INTL GROUP INC	50,409	$2.864M	0.6%	$40.42	+16.7%	COM NEW	026874784
—	FERRO CORP	260,866	$2.856M	0.6%	$11.95	—	COM	315405100
SCM	STELLUS CAP INVT CORP	279,436	$2.814M	0.6%	$13.41	-19.7%	COM	858568108
WELL	WELLTOWER INC	41,058	$2.78M	0.5%	$44.80	0.0%	COM	95040Q104
BRO	BROWN & BROWN INC	88,531	$2.742M	0.5%	$13.97	+6.8%	COM	115236101
—	TRIANGLE CAP CORP	163,027	$2.687M	0.5%	$20.71	—	COM	895848109
—	THL CR INC	245,893	$2.685M	0.5%	$13.46	—	COM	872438106
—	NATIONAL GRID PLC	38,325	$2.669M	0.5%	$70.79	—	SPON ADR NEW	636274300
ADP	AUTOMATIC DATA PROCESSING IN	31,200	$2.507M	0.5%	$45.52	+40.3%	COM	053015103
—	PREMIERE GLOBAL SVCS INC	174,217	$2.394M	0.5%	$11.63	—	COM	740585104
PKOH	PARK OHIO HLDGS CORP	80,000	$2.309M	0.5%	$32.81	0.0%	COM	700666100
—	BAKER HUGHES INC	43,570	$2.267M	0.4%	$58.97	—	COM	057224107
—	HOLLYFRONTIER CORP	44,975	$2.197M	0.4%	$48.85	—	COM	436106108
—	NATIONAL OILWELL VARCO INC	54,386	$2.048M	0.4%	$44.14	—	COM	637071101
—	TOWERS WATSON & CO	17,289	$2.029M	0.4%	$81.94	—	CL A	891894107
AES	AES CORP	200,000	$1.958M	0.4%	$8.42	-2.5%	COM	00130H105
—	Alphabet Inc Cl C	3,218	$1.958M	0.4%	$608.45	—	COM	02079k107
—	HOMESTREET INC	81,385	$1.88M	0.4%	$18.32	—	COM	43785v102
—	INSTEEL INDUSTRIES INC	116,270	$1.87M	0.4%	$20.18	—	COM	45774w108
—	MRC GLOBAL INC	167,607	$1.869M	0.4%	$20.48	—	COM	55345K103
RPM	RPM INTL INC	44,239	$1.853M	0.4%	$32.11	+41.8%	COM	749685103
LADR	LADDER CAP CORP	120,268	$1.722M	0.3%	$17.54	—	CL A	505743104
—	CRACKER BARREL OLD CTRY STOR	10,468	$1.542M	0.3%	$94.67	—	COM	22410j106
WTFC	WINTRUST FINL CORP	28,548	$1.525M	0.3%	$36.95	+43.1%	COM	97650W108
—	XERIUM TECHNOLOGIES INC	116,960	$1.518M	0.3%	$15.32	—	COM NEW	98416j118
CWST	CASELLA WASTE SYS INC	248,049	$1.439M	0.3%	$4.35	+40.6%	CL A	147448104
—	IBERIABANK CORP	24,477	$1.425M	0.3%	$54.69	—	COM	450828108
PM	PHILIP MORRIS INTL INC	17,567	$1.394M	0.3%	$49.62	-1.5%	COM	718172109
—	TCP CAP CORP	100,806	$1.367M	0.3%	$16.62	—	COM	87238q103
—	TIVO INC	156,658	$1.357M	0.3%	$11.68	—	COM	888706108
RSG	REPUBLIC SVCS INC	32,627	$1.344M	0.3%	$26.37	+30.2%	COM	760759100
—	EVERBANK FINL CORP	69,311	$1.338M	0.3%	$15.71	—	COM	29977G102
COLB	COLUMBIA BKG SYS INC	41,098	$1.283M	0.3%	$12.87	+56.9%	COM	197236102
—	SUNTRUST BKS INC	33,150	$1.268M	0.2%	$31.56	—	COM	867914103
ARCC	ARES CAP CORP	87,275	$1.264M	0.2%	$5.63	+3.2%	COM	04010L103
—	ORBOTECH LTD	80,847	$1.249M	0.2%	$15.02	—	ORD	M75253100
WLY	WILEY JOHN & SONS INC	24,550	$1.228M	0.2%	$27.09	+40.0%	CL A	968223206
SYNA	SYNAPTICS INC	14,812	$1.221M	0.2%	$47.69	+58.5%	COM	87157D109
—	ARRIS GROUP INC NEW	46,802	$1.215M	0.2%	$14.35	—	COM	04270V106
CGIP	CELADON GROUP INC	75,007	$1.202M	0.2%	$18.72	+4.0%	COM	150838100
—	IXYS CORP	106,950	$1.194M	0.2%	$12.32	—	COM	46600W106
—	ATWOOD OCEANICS INC	80,541	$1.193M	0.2%	$35.38	—	COM	050095108
CATY	CATHAY GEN BANCORP	38,096	$1.141M	0.2%	$15.01	+51.1%	COM	149150104
—	OUTERWALL INC	20,011	$1.139M	0.2%	$53.14	—	COM	690070107
CMCO	COLUMBUS MCKINNON CORP N Y	61,191	$1.111M	0.2%	$23.30	-17.4%	COM	199333105
—	BGC PARTNERS INC	127,380	$1.047M	0.2%	$8.80	—	CL A	05541T101
—	CHIMERA INVT CORP	77,000	$1.029M	0.2%	$13.58	—	COM NEW	16934q208
SNX	SYNNEX CORP	11,769	$1.001M	0.2%	$18.43	+88.1%	COM	87162W100
—	COLONY CAP INC	51,084	$999K	0.2%	$21.94	—	CL A	19624r106
FBIZ	FIRST BUS FINL SVCS INC WIS	42,125	$991K	0.2%	$17.13	+0.4%	COM	319390100
—	HEARTLAND FINL USA INC	27,203	$987K	0.2%	$24.55	—	COM	42234q102
PEBO	PEOPLES BANCORP INC	46,956	$976K	0.2%	$23.24	-5.8%	COM	709789101
—	PACIFIC PREMIER BANCORP	47,127	$958K	0.2%	$16.97	—	COM	69478x105
TCBK	TRICO BANCSHARES	38,413	$944K	0.2%	$24.00	+1.1%	COM	896095106
—	PACIFIC CONTINENTAL CORP	70,272	$935K	0.2%	$13.51	—	COM	69412v108
—	FIRST NBC BK HLDG CO	26,391	$925K	0.2%	$35.99	—	COM	32115d106
—	GENWORTH FINL INC	200,000	$924K	0.2%	$8.41	—	COM CL A	37247d106
—	AMERIS BANCORP	31,712	$912K	0.2%	$25.28	—	COM	03076k108
—	BNC BANCORP	40,339	$897K	0.2%	$19.33	—	COM	05566t101
—	ASCENA RETAIL GROUP INC	63,927	$889K	0.2%	$17.04	—	COM	04351G101
MEI	METHODE ELECTRS INC	27,763	$886K	0.2%	$22.87	0.0%	COM	591520200
LFCR	LANDEC CORP	75,097	$876K	0.2%	$10.97	+20.8%	COM	514766104
—	GREEN BANCORP INC	74,652	$856K	0.2%	$15.36	—	COM	39260x100
ACTG	ACACIA RESH CORP	94,155	$855K	0.2%	$9.91	-11.2%	ACACIA TCH COM	003881307
LZB	LA Z BOY INC	31,982	$849K	0.2%	$22.46	+18.2%	COM	505336107
—	KAPSTONE PAPER & PACKAGING C	50,567	$835K	0.2%	$26.25	—	COM	48562P103
GBDC	GOLUB CAP BDC INC	50,675	$810K	0.2%	$6.48	-1.3%	COM	38173M102
NUE	NUCOR CORP	21,516	$808K	0.2%	$32.50	+3.1%	COM	670346105
NMFC	NEW MTN FIN CORP	59,125	$804K	0.2%	$4.67	+3.3%	COM	647551100
RCKY	ROCKY BRANDS INC	56,449	$801K	0.2%	$17.86	0.0%	COM	774515100
RDNT	RADNET INC	143,325	$795K	0.2%	$6.45	0.0%	COM	750491102
—	TOWER INTL INC	33,402	$794K	0.2%	$23.40	—	COM	891826109
—	PRAXAIR INC	7,738	$788K	0.2%	$115.11	—	COM	74005P104
DXYN	DIXIE GROUP INC	93,692	$783K	0.2%	$8.66	+18.6%	CL A	255519100
—	SHUTTERFLY INC	21,783	$779K	0.2%	$35.76	—	COM	82568P304
—	TWO HBRS INVT CORP	85,680	$756K	0.1%	$10.49	—	COM	90187B101
—	CONNECTONE BANCORP INC NEW	38,788	$749K	0.1%	$21.53	—	COM	20786w107
COHU	COHU INC	74,664	$736K	0.1%	$9.79	0.0%	COM	192576106
UMH	U M H PROPERTIES INC	78,785	$733K	0.1%	$10.00	—	COM	903002103
—	FIFTH STREET FINANCE CORP	118,185	$729K	0.1%	$7.49	—	COM	31678A103
—	COOPER TIRE & RUBR CO	18,295	$723K	0.1%	$33.17	—	COM	216831107
—	GLOBAL BRASS & COPPR HLDGS I	34,827	$714K	0.1%	$16.13	—	COM	37953g103
—	GAIN CAP HLDGS INC	96,819	$705K	0.1%	$9.73	—	COM	36268w100
THG	HANOVER INS GROUP INC	8,903	$692K	0.1%	$34.79	+69.6%	COM	410867105
—	CARDTRONICS INC	20,855	$682K	0.1%	$37.03	—	COM	14161h108
—	LIONBRIDGE TECHNOLOGIES INC	138,088	$682K	0.1%	$4.94	—	COM	536252109
ORCL	ORACLE CORP	18,812	$679K	0.1%	$30.22	+8.9%	COM	68389X105
—	TRIUMPH GROUP INC NEW	16,127	$679K	0.1%	$75.35	—	COM	896818101
—	AMERICAN CAPITAL AGENCY CORP	33,995	$636K	0.1%	$21.33	—	COM	02503x105
CRD/A	CRAWFORD & CO	109,939	$615K	0.1%	$5.96	-20.5%	CL A	224633206
—	XCERRA CORP	95,810	$602K	0.1%	$8.64	—	COM	98400j108
—	AMERICAN EAGLE OUTFITTERS NE	38,540	$602K	0.1%	$13.87	—	COM	02553e106
UFI	UNIFI INC	20,000	$596K	0.1%	$19.66	+54.6%	COM NEW	904677200
MRK	MERCK & CO INC NEW	10,982	$542K	0.1%	$30.31	+26.7%	COM	58933Y105
—	NEFF CORP	95,224	$532K	0.1%	$9.22	—	COM CL A	640094207
—	ALTRIA GROUP INC	9,474	$515K	0.1%	$34.97	—	COM	02209s103
UPS	UNITED PARCEL SERVICE INC	4,930	$487K	0.1%	$55.38	+22.4%	CL B	911312106
—	WASTE MGMT INC DEL	8,965	$447K	0.1%	$41.76	—	COM	94106l109
PAYX	PAYCHEX INC	9,069	$432K	0.1%	$25.02	+36.3%	COM	704326107
PSEC	PROSPECT CAPITAL CORPORATION	60,000	$428K	0.1%	$2.25	-7.2%	COM	74348T102
GPC	GENUINE PARTS CO	5,158	$428K	0.1%	$55.78	+14.3%	COM	372460105
—	CON-WAY INC	8,895	$422K	0.1%	$39.34	—	COM	205944101
—	GAMESTOP CORP NEW	10,139	$418K	0.1%	$42.05	—	CL A	36467w109
—	CHECKPOINT SYS INC	54,781	$397K	0.1%	$12.04	—	COM	162825103
KMB	KIMBERLY CLARK CORP	3,602	$393K	0.1%	$62.00	+24.8%	COM	494368103
VFC	V F CORP	5,488	$374K	0.1%	$48.70	+40.7%	COM	918204108
SON	SONOCO PRODS CO	9,520	$359K	0.1%	$25.65	+11.9%	COM	835495102
MDT	MEDTRONIC PLC	5,220	$349K	0.1%	$58.10	-1.9%	SHS	G5960L103
—	UNITED TECHNOLOGIES CORP	3,709	$330K	0.1%	$92.87	—	COM	913017109
SLB	SCHLUMBERGER LTD	4,680	$323K	0.1%	$52.90	+11.4%	COM	806857108
—	INNERWORKINGS INC	51,565	$322K	0.1%	$6.67	—	COM	45773y105
YUM	YUM BRANDS INC	3,724	$298K	0.1%	$38.97	+27.9%	COM	988498101
—	COCA COLA ENTERPRISES INC NE	5,500	$266K	0.1%	$44.18	—	COM	19122T109
—	TITAN INTL INC ILL	40,000	$264K	0.1%	$13.40	—	COM	88830m102
HAL	HALLIBURTON CO	7,237	$256K	0.1%	$33.21	-3.1%	COM	406216101
SCI	SERVICE CORP INTL	9,159	$248K	0.0%	$21.92	+34.8%	COM	817565104
AFL	AFLAC INC	4,202	$244K	0.0%	$20.11	+17.8%	COM	001055102
BMY	BRISTOL MYERS SQUIBB CO	3,881	$230K	0.0%	$28.67	+55.4%	COM	110122108
GLW	CORNING INC	13,115	$225K	0.0%	$10.49	+30.0%	COM	219350105
ONB	OLD NATL BANCORP IND	15,785	$220K	0.0%	$13.13	+8.0%	COM	680033107
—	NOBLE CORP PLC	13,494	$147K	0.0%	$36.75	—	SHS USD	G65431101
—	WHITEHORSE FIN INC	11,400	$133K	0.0%	$14.24	—	COM	96524v106
—	CHESAPEAKE ENERGY CORP	16,560	$121K	0.0%	$19.89	—	COM	165167107
—	BLACKROCK CAPITAL INVESTMENT	13,100	$116K	0.0%	$8.55	—	COM	092533108
—	CHINA GREEN AGRICULTURE INC	60,000	$103K	0.0%	$1.77	—	COM	16943W105
—	INTERCLOUD SYS INC	10,090	$18,000	0.0%	$1.78	—	*W EXP 08/25/201	458488111
—	GALENA BIOPHARMA INC	10,640	$17,000	0.0%	$1.90	—	COM	363256108