Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Aetna Inc.	90,908	$11.59M	2.6%	$42370.83	—	COM	00817Y108
COR	Amerisource Bergen	101,905	$10.84M	2.4%	$51.37	+61.5%	COM	03073E105
ELV	Anthem Inc Com	63,275	$10.39M	2.3%	$106.15	+29.5%	COM	036752103
DIS	Disney	80,780	$9.22M	2.1%	$94.04	+6.3%	COM	254687106
DRI	Darden Restaurants	124,830	$8.873M	2.0%	$40.72	+7.2%	COM	237194105
PRU	Prudential Financi	96,530	$8.448M	1.9%	$53.25	0.0%	COM	744320102
URI	United Rentals Inc	94,065	$8.242M	1.8%	$94.22	-1.6%	COM	911363109
WDC	Western Digital	101,220	$7.938M	1.8%	$44.10	+36.6%	COM	958102105
CBRE	CB Richard Ellis G	211,885	$7.84M	1.8%	$37.97	0.0%	COM	12504L109
—	Hewlett Packard	258,975	$7.772M	1.7%	$7079.96	—	COM	428236103
—	Ca Technologies	264,115	$7.736M	1.7%	$15603.81	—	COM	12673P105
—	Symantec	326,735	$7.597M	1.7%	$11497.25	—	COM	871503108
ORCL	Oracle Corp.	183,815	$7.408M	1.7%	$31.70	+16.7%	COM	68389X105
DVN	Devon Energy	122,365	$7.279M	1.6%	$46.41	-4.7%	COM	25179M103
UNH	United Healthcare	48,990	$5.977M	1.3%	$74.39	+33.9%	COM	91324P102
HOLX	Hologic	153,685	$5.849M	1.3%	$22.15	+58.0%	COM	436440101
GILD	Gilead Sciences	48,300	$5.655M	1.3%	$54.08	+40.5%	COM	375558103
PG	Procter & Gamble	68,785	$5.382M	1.2%	$59.96	0.0%	COM	742718109
T	AT&T Inc.	150,970	$5.362M	1.2%	$11.47	+6.5%	COM	00206R102
—	DST Systems, Inc.	41,775	$5.263M	1.2%	$65330.01	—	COM	233326107
CVS	CVS Corporation	50,135	$5.258M	1.2%	$63.17	+19.1%	COM	126650100
CAH	Cardinal Health	61,795	$5.169M	1.2%	$63.64	+2.9%	COM	14149Y108
AIG	American Intl GP	82,210	$5.082M	1.1%	$41.20	+10.4%	COM	026874784
CMA	Comerica Inc	98,425	$5.051M	1.1%	$29.72	+9.6%	COM	200340107
MSFT	Microsoft	112,900	$4.985M	1.1%	$27.19	+44.5%	COM	594918104
RF	Regions Finl Corp	480,585	$4.979M	1.1%	$6.47	+7.1%	COM	7591EP100
DOX	Amdocs Ltd	88,930	$4.855M	1.1%	$28.59	+58.1%	COM	G02602103
IBM	Intl Bus Machines	29,600	$4.815M	1.1%	$109.21	-5.7%	COM	459200101
—	Dun & Bradstreet	39,370	$4.803M	1.1%	$117.47	—	COM	26483E100
HBAN	Huntington Bancorp	421,635	$4.769M	1.1%	$6.86	+6.6%	COM	446150104
RCL	Royal Carribean Cr	59,935	$4.716M	1.1%	$67.17	0.0%	COM	V7780T103
—	E*Trade Financial	154,040	$4.613M	1.0%	$29.95	—	COM	269246401
KMB	Kimberly Clark	43,330	$4.592M	1.0%	$75.84	0.0%	COM	494368103
TSN	Tyson Foods Inc	106,330	$4.533M	1.0%	$31.33	+2.2%	COM	902494103
ORLY	O'Reilly Automotiv	20,045	$4.53M	1.0%	$14.83	0.0%	COM	67103H107
CMCSA	Comcast Corp CL A	75,210	$4.523M	1.0%	$22.98	0.0%	COM	20030N101
PEG	Public SVC Enterpr	113,785	$4.469M	1.0%	$23.37	+22.4%	COM	744573106
TSCO	Tractor Supply	49,425	$4.445M	1.0%	$14.25	+6.4%	COM	892356106
PEP	Pepsi Inc	47,330	$4.418M	1.0%	$69.31	0.0%	COM	713448108
PM	Phillip Morris Int	54,919	$4.403M	1.0%	$48.32	+0.0%	COM	718172109
EMR	Emerson Electric	77,765	$4.311M	1.0%	$43.40	+1.9%	COM	291011104
—	Groupe CGI Inc	109,215	$4.268M	1.0%	$36.12	—	COM	39945C109
MU	Micron Tech	225,810	$4.254M	0.9%	$32.11	-19.0%	COM	595112103
—	Reynolds American	56,530	$4.221M	0.9%	$69.66	—	COM	761713106
—	SL Green Realty	37,810	$4.155M	0.9%	$109.89	—	COM	78440X101
PENN	Penn National Gami	225,380	$4.136M	0.9%	$16.64	0.0%	COM	707569109
PBI	Pitney Bowes	198,460	$4.13M	0.9%	$23.28	-3.2%	COM	724479100
RRC	Range Resources Cp	82,995	$4.098M	0.9%	$51.98	+9.8%	COM	75281A109
—	Silicon Valley Ban	28,195	$4.06M	0.9%	$144.00	—	COM	78486Q101
VZ	Verizon Communicat	86,825	$4.047M	0.9%	$27.80	+1.9%	COM	92343V104
—	Xerox Corp	373,120	$3.97M	0.9%	$16.63	—	COM	984121103
HCA	HCA Healthcare	43,745	$3.969M	0.9%	$74.47	0.0%	COM	40412C101
—	General Motors	118,925	$3.964M	0.9%	$37.50	—	COM	37045v100
DAL	Delta Airlines	95,930	$3.941M	0.9%	$38.40	0.0%	COM	247361702
MAC	Macerich REIT	52,185	$3.893M	0.9%	$83.28	—	COM	554382101
—	Apache Corp	66,805	$3.85M	0.9%	$57.63	—	COM	037411105
SBNY	Signature Bank of	26,295	$3.849M	0.9%	$129.57	—	COM	82669G104
PLD	Prologis	103,210	$3.829M	0.9%	$31.72	-6.3%	COM	74340W103
—	Spirit Aerosys Hld	69,440	$3.827M	0.9%	$55.11	—	COM	848574109
KMX	Carmax Inc.	57,605	$3.814M	0.9%	$65.20	+9.3%	COM	143130102
—	St Jude Med Inc	51,245	$3.744M	0.8%	$65.39	—	COM	790849103
EQR	Equity Residential	52,275	$3.668M	0.8%	$38.24	+13.3%	COM	29476L107
—	Seagate Technology	76,865	$3.651M	0.8%	$56.81	—	COM	G7945M107
EAT	Brinker Intl	62,810	$3.621M	0.8%	$50.78	-4.5%	COM	109641100
AAPL	Apple Computers	28,770	$3.608M	0.8%	$27.61	+3.4%	COM	037833100
EG	Everest Re Group L	19,755	$3.596M	0.8%	$145.31	0.0%	COM	G3223R108
FNF	Fidelity National	95,080	$3.517M	0.8%	$17.29	0.0%	COM	31620R303
CAG	Conagra	79,845	$3.491M	0.8%	$20.83	0.0%	COM	205887102
TEX	Terex Corp	143,485	$3.336M	0.7%	$25.77	+2.4%	COM	880779103
—	Donnelley (Rr)	190,030	$3.312M	0.7%	$16.46	—	COM	257867101
WSM	William Sonoma	39,960	$3.288M	0.7%	$30.42	0.0%	COM	969904101
LYB	LyondellBasell Ind	31,130	$3.223M	0.7%	$55.60	+1.0%	COM	N53745100
MCO	Moody's Corp	29,640	$3.2M	0.7%	$96.74	0.0%	COM	615369105
PPL	PP&L Resources Inc	100,100	$2.95M	0.7%	$19.77	-1.9%	COM	69351T106
ADM	Archer Daniels	58,630	$2.827M	0.6%	$36.84	0.0%	COM	039483102
CE	Celanese Cp A	37,530	$2.698M	0.6%	$45.93	+18.2%	COM	150870103
—	Whiting Petroleum	78,060	$2.623M	0.6%	$33.60	—	COM	966387102
—	FMC Tech Inc.	62,005	$2.573M	0.6%	$41.50	—	COM	30249U101
—	Cameron Internatio	49,035	$2.568M	0.6%	$52.37	—	COM	13342B105
—	Marvell Technology	190,065	$2.506M	0.6%	$15.75	—	COM	G5876H105
—	Vista Outdoor Inc	55,370	$2.486M	0.6%	$42.82	—	COM	928377100
VISN	CommScope Hldg Co	76,130	$2.323M	0.5%	$25.17	+20.8%	COM	20337X109
AN	Autonation Inc.	36,755	$2.315M	0.5%	$55.98	+13.5%	COM	05329W102
AEO	American Eagle Out	130,895	$2.254M	0.5%	$12.33	+1.5%	COM	02553E106
—	Orbital ATK Inc	27,685	$2.031M	0.5%	$76.65	—	COM	68557N103
—	Chesapeake Energy	177,975	$1.988M	0.4%	$19.57	—	COM	165167107
—	MRC Global Inc	126,100	$1.947M	0.4%	$11.85	—	COM	55345K103
EMN	Eastman Chemical	20,420	$1.671M	0.4%	$54.86	0.0%	COM	277432100
—	The Fresh Market	47,640	$1.531M	0.3%	$33.06	—	COM	35804H106
—	Ingram Micro	44,755	$1.12M	0.3%	$25.03	—	COM	457153104
—	Allied World Assur	21,555	$932K	0.2%	$40.38	—	COM	H01531104
MMSI	Merit Medical	36,815	$793K	0.2%	$18.08	+12.3%	COM	589889104
AL	Air Lease Corp	22,870	$775K	0.2%	$30.96	+4.4%	COM	00912X302
—	Spartan Stores Inc	22,987	$748K	0.2%	$20.59	—	COM	847215100
ACGL	Arch Capital Group	10,940	$733K	0.2%	$18.89	+6.8%	COM	G0450A105
—	Madison Square Gar	8,200	$685K	0.2%	$84.63	—	COM	55826P100
—	AVG Tech	23,140	$630K	0.1%	$19.87	—	COM	N07831105
—	ADT Corp	17,470	$586K	0.1%	$34.37	—	COM	00101J106
NAT	Nordic American Ta	40,790	$580K	0.1%	$8.66	+48.0%	COM	G65773106
—	Heartland Financia	15,305	$570K	0.1%	$35.51	—	COM	42234Q102
—	Harman	4,690	$558K	0.1%	$133.64	—	COM	413086109
VAW	Vanguard Materials	5,025	$541K	0.1%	$110.10	—	COM	92204A801
ABG	Asbury Auto Grp	5,935	$538K	0.1%	$86.82	0.0%	COM	043436104
—	Aircastle Ltd	23,670	$537K	0.1%	$19.66	—	COM	G0129K104
ULTA	Ulta Salon Cosmeti	3,440	$531K	0.1%	$153.70	0.0%	COM	90384S303
BK	Bank of New York	12,490	$524K	0.1%	$32.68	0.0%	COM	064058100
—	TD Ameritrade Hldg	13,980	$515K	0.1%	$36.84	—	COM	87236Y108
—	Laclede Gas	9,745	$507K	0.1%	$52.03	—	COM	505597104
—	Pinnacle Finl Ptrs	8,805	$479K	0.1%	$49.44	—	COM	72346Q104
PLUS	Eplus Inc	6,085	$466K	0.1%	$17.32	+20.5%	COM	294268107
VAC	Marriott Vacations	5,040	$462K	0.1%	$85.26	0.0%	COM	57164Y107
AES	Aes Corp	33,895	$449K	0.1%	$9.23	-1.9%	COM	00130H105
MKTX	MarketAxess Hldgs	4,820	$447K	0.1%	$65.66	+21.6%	COM	57060D108
—	PrivateBanCorp	10,500	$418K	0.1%	$30.59	—	COM	742962103
FFIN	First Finl Banksha	10,980	$380K	0.1%	$12.55	0.0%	COM	32020R109
CUBI	Customers Bancorp	13,930	$375K	0.1%	$21.56	+18.6%	COM	23204G100
TFX	Teleflex	2,755	$373K	0.1%	$96.12	+23.6%	COM	879369106
IMKTA	Ingles Mkts Inc	7,755	$370K	0.1%	$21.48	+93.5%	COM	457030104
—	Intelsat SA	36,830	$365K	0.1%	$17.35	—	COM	L5140P101
WU	Western Union	17,915	$364K	0.1%	$17.32	—	COM	959802109
FLWS	1 800 Flowers	34,435	$360K	0.1%	$8.11	+27.7%	COM	68243Q106
TEVA	Teva Pharma Adr	6,095	$360K	0.1%	$54.42	—	COM	881624209
—	Encana Corp	31,085	$343K	0.1%	$11.03	—	COM	292505104
—	DirecTV	3,640	$338K	0.1%	$86.84	—	COM	25490A309
—	Express Scripts In	3,775	$336K	0.1%	$89.01	—	COM	30219G108
MFC	Manulife Financial	17,495	$325K	0.1%	$18.58	0.0%	COM	56501R106
ABBV	Abbvie Inc.	4,805	$323K	0.1%	$42.33	0.0%	COM	00287Y109
—	IMS Health Hldgs I	10,510	$322K	0.1%	$30.64	—	COM	44970B109
TU	Telus Corp Non-Vtg	9,315	$321K	0.1%	$17.86	-4.0%	COM	87971M103
UDR	UDR, Inc.	9,890	$317K	0.1%	$22.44	+0.7%	COM	902653104
MUR	Murphy Oil	7,495	$312K	0.1%	$31.38	-3.2%	COM	626717102
AMGN	Amgen Incorporated	2,020	$310K	0.1%	$117.59	0.0%	COM	031162100
NUS	Nu Skin Enterprise	6,450	$304K	0.1%	$38.13	0.0%	COM	67018T105
—	Triumph Grp Inc	4,535	$299K	0.1%	$65.93	—	COM	896818101
—	Neustar INC - A	9,810	$287K	0.1%	$26.54	—	COM	64126X201
—	Sovran Self Storag	3,265	$284K	0.1%	$88.99	—	COM	84610H108
THO	Thor Industries In	4,945	$278K	0.1%	$48.00	+2.2%	COM	885160101
BLMN	Bloomin Brands Inc	12,670	$271K	0.1%	$19.18	-9.3%	COM	094235108
KRC	Kilroy Realty	4,015	$270K	0.1%	$76.22	—	COM	49427F108
—	Crescent Point Ene	13,120	$269K	0.1%	$20.50	—	COM	22576C101
LSAK	Net 1 UEPS Tech	13,855	$253K	0.1%	$10.47	+44.0%	COM	64107N206
—	Pinnacle Entertain	6,695	$250K	0.1%	$36.13	—	COM	723456109
VDE	Vanguard Energy ET	2,330	$249K	0.1%	$111.67	—	COM	92204A306
CNC	Centene Corp	2,950	$237K	0.1%	$30.22	+18.8%	COM	15135B101
AMN	American Healthcar	7,435	$235K	0.1%	$26.12	0.0%	COM	001744101
MCHB	Homestreet Inc	10,205	$233K	0.1%	$17.65	+22.4%	COM	43785V102
—	Atlas Air Worldwid	4,220	$232K	0.1%	$42.92	—	COM	049164205
—	Dunkin Brand Group	4,170	$229K	0.1%	$47.48	—	COM	265504100
—	Microsemi Corp	6,445	$225K	0.1%	$26.70	—	COM	595137100
—	BOFI Holdg Inc.	2,120	$224K	0.1%	$93.31	—	COM	05566U108
—	Argo Gp Intl Hldgs	3,925	$219K	0.0%	$55.80	—	COM	G0464B107
SBUX	Starbucks Corp	4,075	$218K	0.0%	$40.92	0.0%	COM	855244109
RSG	Republic Services	5,505	$216K	0.0%	$27.74	+20.0%	COM	760759100
—	Talen Energy Cp	12,494	$214K	0.0%	$17.13	—	COM	87422J105
—	Investors Bancorp	17,390	$214K	0.0%	$12.31	—	COM	46146L101
CDW	CDW Corp	6,165	$211K	0.0%	$27.82	+18.7%	COM	12514G108
—	Orbotech Inc.	10,045	$209K	0.0%	$20.81	—	COM	M75253100
BCO	Brinks Co	7,030	$207K	0.0%	$22.79	+18.1%	COM	109696104
PRAA	Portfolio Recovery	3,325	$207K	0.0%	$57.61	0.0%	COM	69354N106
—	Lionbridge Tech	32,990	$204K	0.0%	$6.00	—	COM	536252109
OXM	Oxford Industries	2,325	$203K	0.0%	$79.24	0.0%	COM	691497309
—	Meridian Bancorp	15,055	$202K	0.0%	$10.55	—	COM	58958U103
EGBN	Eagle Bancorp	4,545	$200K	0.0%	$31.11	0.0%	COM	268948106
—	First Defiance Fin	5,340	$200K	0.0%	$37.45	—	COM	32006W106
—	Aegion Corp	10,485	$199K	0.0%	$18.98	—	COM	00770F104
CAKE	Cheesecake Factory	3,645	$199K	0.0%	$41.48	0.0%	COM	163072101
—	Brocade Comm Syste	16,660	$198K	0.0%	$10.89	—	COM	111621306
JACK	Jack In The Box	2,230	$197K	0.0%	$65.30	+37.6%	COM	466367109
IART	Integra Life Scien	2,910	$196K	0.0%	$29.48	0.0%	COM	457985208
GAIN	Gladstone Invt Cp	24,375	$194K	0.0%	$2.57	0.0%	COM	376546107
CTRA	Cabot Oil & Gas	6,140	$194K	0.0%	$24.21	0.0%	COM	127097103
CMC	Commercial Metal I	12,050	$194K	0.0%	$13.11	0.0%	COM	201723103
SHO	Sunstone Hotl Invs	12,825	$193K	0.0%	$15.05	—	COM	867892101
OTEX	Open Text Corp	4,735	$192K	0.0%	$18.79	+1.4%	COM	683715106
MASI	Masimo Corp	4,955	$192K	0.0%	$24.68	+45.2%	COM	574795100
AHRT	Armada Hoffler Pty	19,105	$191K	0.0%	$10.00	—	COM	04208T108
—	Janus Capital Gp	11,110	$190K	0.0%	$17.10	—	COM	47102X105
CBZ	CBIZ Inc	19,615	$189K	0.0%	$8.67	+7.8%	COM	124805102
—	Therapeutics MD In	24,050	$189K	0.0%	$7.86	—	COM	88338N107
—	Surmodics Inc	7,880	$185K	0.0%	$22.04	—	COM	868873100
ACCO	ACCO Brands Corp	23,800	$185K	0.0%	$5.03	+9.0%	COM	00081T108
BGS	B&G Foods Inc	6,245	$178K	0.0%	$13.31	0.0%	COM	05508R106
RIG	Transocean Ltd	10,870	$175K	0.0%	$18.01	0.0%	COM	H8817H100
—	Univ Frst Prod Inc	3,335	$174K	0.0%	$55.30	—	COM	913543104
XLU	Utilities Sector S	4,065	$169K	0.0%	$37630.02	—	COM	81369Y886
—	Arris Group	5,480	$168K	0.0%	$32.54	—	COM	04270V106
—	Newlink Genetics C	3,540	$157K	0.0%	$44.35	—	COM	651511107
—	CAI International	7,415	$153K	0.0%	$24.41	—	COM	12477X106
—	WPX Energy Inc	12,335	$151K	0.0%	$3060.65	—	COM	98212B103
—	Dominion Diamond C	9,920	$139K	0.0%	$14.01	—	COM	257287102
—	Sucampo Pharma Inc	8,240	$135K	0.0%	$15.62	—	COM	864909106
SNX	Synnex Corp	1,585	$116K	0.0%	$34.07	+3.5%	COM	87162W100
BFAM	Bright Horizons Fa	1,755	$101K	0.0%	$54.53	0.0%	COM	109194100
—	Kraton Perf Polyme	4,130	$99,000	0.0%	$23.97	—	COM	50077C106
HTO	SJW Corp	3,225	$99,000	0.0%	$30.17	0.0%	COM	784305104
—	Callon Petroleum C	11,785	$98,000	0.0%	$8.32	—	COM	13123X102
SHEN	Shenandoah Tele	2,795	$96,000	0.0%	$14.20	+16.9%	COM	82312B106
—	Perficient Inc	4,815	$93,000	0.0%	$20.65	—	COM	71375U101
MTDR	Matador Res Co.	3,660	$92,000	0.0%	$26.81	0.0%	COM	576485205
—	Big Five Sporting	6,410	$91,000	0.0%	$14.20	—	COM	08915P101
CENX	Century Alum Co	8,575	$89,000	0.0%	$12.74	0.0%	COM	156431108
—	Stancorp Finl Grou	1,160	$88,000	0.0%	$75.86	—	COM	852891100
—	Danaos Corporation	12,495	$81,000	0.0%	$6.52	—	COM	Y1968P105
BRC	Brady Corp	3,215	$80,000	0.0%	$21.77	-2.8%	COM	104674106
RS	Reliance Steel&Alu	1,070	$65,000	0.0%	$69.88	-9.5%	COM	759509102
JNJ	Johnson & Johnson	203	$20,000	0.0%	$59.66	+24.9%	COM	478160104
FDX	Federal Express	100	$17,000	0.0%	$81.95	+81.0%	COM	31428X106
MO	Altria Group	154	$8,000	0.0%	$16.28	+55.2%	COM	02209S103
—	Hospira Inc Com	60	$5,000	0.0%	$51.39	—	COM	441060100
KR	Kroger Co.	70	$5,000	0.0%	$17.28	+70.8%	COM	501044101
MDLZ	Mondelez Intl Inc	107	$4,000	0.0%	$23.16	+33.2%	COM	609207105
G	Genpact	200	$4,000	0.0%	$15.47	+31.0%	COM	G3922B107