Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CE	Celanese Corp	5,780,520	$338M	8.3%	$37.34	+26.6%	COM	150870103
UAL	United Continental Holdings In	7,114,590	$333M	8.2%	$31.81	+74.1%	COM	910047109
C	Citigroup Inc.	4,164,173	$216M	5.3%	$35.98	+9.9%	COM	172967424
DAL	Delta Airlines Inc	5,573,690	$201M	4.9%	$14.99	+145.8%	COM	247361702
COF	Capital One Financial Co	2,332,130	$190M	4.7%	$47.00	+41.6%	COM	14040H105
—	Entegris Inc	15,765,330	$181M	4.5%	$9.76	—	COM	29362u104
—	TRW Automotive Holdings Corp	1,700,900	$172M	4.2%	$66.44	—	COM	87264s106
—	KKR & Co. L.P.	5,729,060	$128M	3.1%	$20.78	—	COM	48248m102
—	Canadian Natural Resources	3,044,680	$119M	2.9%	$28.11	—	COM	2171573
—	Whiting Petroleum Corp	1,425,200	$111M	2.7%	$49.78	—	COM	966387102
BRK/B	Berkshire Hathaway Inc	738,220	$102M	2.5%	$110.42	+30.7%	COM	084670702
—	Apollo Global Management, LLC	4,220,044	$101M	2.5%	$24.28	—	COM	037612306
—	Google Inc. - Cl C	160,815	$92.85M	2.3%	$1114.51	—	COM	38259p706
—	Michael Kors Holdings Limited	1,190,850	$89.43M	2.2%	$75.10	—	COM	g60754101
—	Flextronics	8,481,900	$87.53M	2.2%	$7.74	—	COM	y2573f102
—	Google Inc. - Cl A	133,535	$78.57M	1.9%	$584.67	—	COM	38259p508
—	MDC Partners Inc.	3,447,799	$66.16M	1.6%	$22.56	—	COM	552697104
—	Direct TV Com	726,800	$62.88M	1.5%	$61.64	—	COM	25490a309
BIDU	Baidu, Inc.	279,000	$60.89M	1.5%	$94.60	—	COM	056752108
JPM	JP Morgan Chase & Co	986,400	$59.42M	1.5%	$36.24	+23.3%	COM	46625H100
DCH	American Axle	3,280,470	$55.01M	1.4%	$15.63	+27.3%	COM	024061103
—	Cigna Corp	598,000	$54.23M	1.3%	$73.20	—	COM	125509109
—	Yahoo	1,038,600	$52.46M	1.3%	$37.91	—	COM	984332106
—	Time Warner Inc	663,411	$49.9M	1.2%	$57.82	—	COM	887317303
—	Blackstone Group L.P.	1,559,600	$49.1M	1.2%	$21.71	—	COM	09253u108
—	China Lodging Group Ltd.	1,857,597	$47.87M	1.2%	$25.45	—	COM	16949n109
HIG	The Hartford Financial Service	1,205,930	$44.92M	1.1%	$27.96	+11.8%	COM	416515104
LYV	Live Nation Entertainment, Inc	1,835,300	$44.08M	1.1%	$22.89	+10.1%	COM	538034109
—	Luxfer Holdings PLC	2,451,018	$42.3M	1.0%	$20.66	—	COM	550678106
EBAY	Ebay	716,700	$40.59M	1.0%	$19.88	+1.6%	COM	278642103
AIG	American International Group,	750,300	$40.53M	1.0%	$32.70	+25.8%	COM	026874784
—	Rock-Tenn Co	848,432	$40.37M	1.0%	$75.45	—	COM	772739207
BLMN	Bloomin' Brands Inc.	1,588,900	$39.34M	1.0%	$16.20	0.0%	COM	094235108
—	Mistras Group, Inc.	1,921,352	$39.2M	1.0%	$21.01	—	COM	60649t107
—	Eaton Corp PLC	607,400	$38.49M	0.9%	$65.81	—	COM	g29183103
—	CNO Financial Group, Inc.	1,957,900	$33.21M	0.8%	$16.25	—	COM	12621e103
EMN	Eastman Chemical Company	409,200	$33.1M	0.8%	$57.22	-2.8%	COM	277432100
—	Priceline.com Incorporated	26,370	$30.55M	0.8%	$839.41	—	COM	741503403
—	Installed Building Products In	2,027,577	$28.49M	0.7%	$13.08	—	COM	45780r101
—	Anadarko Petroleum	273,600	$27.75M	0.7%	$85.93	—	COM	032511107
—	Viad Corp	939,171	$25.04M	0.6%	$26.66	—	COM	92552r406
—	Beazer Homes USA, Inc.	1,477,800	$24.8M	0.6%	$16.78	—	COM	07556q881
ALCO	Alico	596,581	$22.73M	0.6%	$36.45	-8.4%	COM	016230104
—	YY Inc	364,100	$22.7M	0.6%	$62.34	—	COM	98426t106
ARW	Arrow Electronics Inc	373,600	$20.68M	0.5%	$56.77	-2.0%	COM	042735100
—	Walgreens Boots Alliance Inc	270,000	$20.53M	0.5%	$76.05	—	COM	931427108
—	Precision Castparts	84,500	$20.02M	0.5%	$227.77	—	COM	740189105
—	The Ryland Group, Inc.	507,700	$19.58M	0.5%	$38.56	—	COM	783764103
TER	Teradyne Inc	919,600	$17.83M	0.4%	$15.29	+14.4%	COM	880770102
—	Market Vectors India Small-Cap	389,000	$17.38M	0.4%	$44.69	—	COM	57061r551
—	Pandora Media Inc.	958,300	$17.09M	0.4%	$17.83	—	COM	698354107
—	Sandridge Energy	9,078,663	$16.52M	0.4%	$1.82	—	COM	80007p307
—	Valeant Pharmaceuticals Intern	124,300	$16.31M	0.4%	$129.54	—	COM	91911k102
—	Discovery Fincl Svcs	245,200	$15.79M	0.4%	$47.64	—	COM	254709108
—	Bancolombia S.A. Adr	255,800	$14.51M	0.4%	$57.42	—	COM	05968l102
AVT	Avnet Inc	342,500	$14.21M	0.3%	$25.70	+29.2%	COM	053807103
—	Diana Shipping Inc.	1,589,734	$14.21M	0.3%	$11.44	—	COM	y2066g104
MCS	The Marcus Corporation	870,783	$13.76M	0.3%	$13.35	+24.5%	COM	566330106
—	Ply Gem Holdings Inc.	950,708	$13.29M	0.3%	$13.98	—	COM	72941w100
—	21Vianet Group, Inc.	732,074	$13.18M	0.3%	$28.88	—	COM	90138a103
OPY	Oppenheimer Hldgs	622,216	$12.6M	0.3%	$18.77	+21.7%	COM	683797104
—	Lydall, Inc.	364,634	$9.849M	0.2%	$27.13	—	COM	550819106
KVHI	KVH Industries Inc	711,228	$8.052M	0.2%	$13.14	-6.4%	COM	482738101
—	Interoil Corporation	159,499	$7.782M	0.2%	$48.79	—	COM	460951106
—	First Citizens BancShares, Inc	32,000	$6.932M	0.2%	$192.06	—	COM	31946m103
—	NTELOS Holdings Corp	1,642,324	$6.881M	0.2%	$4.19	—	COM	67020q305
—	New Oriental Education & Techn	332,200	$6.78M	0.2%	$20.41	—	COM	647581107
—	Starwood Hotels & Resorts	69,800	$5.808M	0.1%	$63.19	—	COM	85590A401
—	Comcast Corporation	102,500	$5.484M	0.1%	$43.84	—	COM	20030n200
—	CDW Corporation of Delaware	133,700	$4.702M	0.1%	$35.17	—	COM	12514g108
LKQ	LKQ Corporation	126,400	$3.554M	0.1%	$25.06	0.0%	COM	501889208
—	Stock Building Supply Holdings	188,692	$2.891M	0.1%	$15.32	—	COM	86101x104
—	Alibaba Group Holding Ltd.	31,200	$2.772M	0.1%	$88.85	—	COM	01609w102
OC	Owens Corning Inc.	45,900	$1.457M	0.0%	$35.29	-5.8%	COM	690742101
—	Towers Watson & Company	11,300	$1.279M	0.0%	$113.19	—	COM	891894107
—	Dean Foods Company	94,900	$1.257M	0.0%	$15.94	—	COM	242370203
EA	Electronic Arts	23,320	$830K	0.0%	$19.79	+102.6%	COM	285512109
—	Rocket Fuel Inc.	46,716	$753K	0.0%	$16.12	—	COM	773111109
—	Vision Sciences Inc. Delaware	76,800	$74,000	0.0%	$1.02	—	COM	927912105
—	Entropic Communications Inc	18,700	$50,000	0.0%	$4.27	—	COM	29384r105