Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Bunge Limited	126,700	$9.618M	3.3%	$71.10	—	COM	G16962105
AVT	Avnet Inc	218,200	$9.101M	3.1%	$25.70	+15.7%	COM	053807103
CNH	CNH Industrial N.V.	707,414	$8.843M	3.0%	$8.66	0.0%	COM	N20944109
ARW	Arrow Electronics Inc	179,500	$8.711M	3.0%	$38.94	+17.7%	COM	042735100
ETR	Entergy Corp	132,400	$8.366M	2.9%	$20.57	-2.3%	COM	29364G103
—	TRW Automotive Hldgs Corp.	110,400	$7.873M	2.7%	$67.07	—	COM	87264S106
—	L-3 Communications	73,200	$6.917M	2.4%	$85.74	—	COM	502424104
—	HealthSouth Corporation	198,840	$6.856M	2.4%	$30.70	—	COM	421924309
COR	AmerisourceBergen Corp	109,400	$6.684M	2.3%	$38.92	+8.2%	COM	03073E105
—	Diamond Offshore Drilling Inc.	104,700	$6.525M	2.2%	$64.59	—	COM	25271C102
—	Gannett Co. Inc.	240,400	$6.44M	2.2%	$24.46	—	COM	364730101
RGA	Reinsurance Group of America	89,600	$6.002M	2.1%	$63.89	+5.6%	COM	759351604
LEA	Lear Corporation	76,800	$5.497M	1.9%	$46.85	+19.6%	COM	521865204
JLL	Jones Lang LaSalle Inc	56,300	$4.915M	1.7%	$87.57	-1.8%	COM	48020Q107
AFG	American Financial Group	90,600	$4.898M	1.7%	$21.89	+4.7%	COM	025932104
AN	AutoNation Inc.	87,200	$4.549M	1.6%	$44.78	+7.8%	COM	05329W102
HCA	HCA Holdings Inc.	105,900	$4.527M	1.6%	$35.96	+1.0%	COM	40412C101
EG	Everest Re Group Ltd	30,600	$4.45M	1.5%	$104.27	+0.3%	COM	G3223R108
FRCB	First Republic Bank	92,400	$4.309M	1.5%	$35.36	+14.9%	COM	33616C100
—	Towers Watson & Co Cl A	39,500	$4.225M	1.5%	$81.95	—	COM	891894107
CNA	CNA Financial Corporation	109,900	$4.196M	1.4%	$14.44	+2.4%	COM	126117100
TSN	Tyson Foods Inc	147,100	$4.16M	1.4%	$18.99	+17.3%	COM	902494103
—	Ingram Micro Inc.	174,300	$4.018M	1.4%	$18.99	—	COM	457153104
DDS	Dillards Inc cl A	51,100	$4.001M	1.4%	$61.65	-2.8%	COM	254067101
—	CIGNA Corporation	51,800	$3.981M	1.4%	$72.49	—	COM	125509109
RYN	Rayonier Inc.	69,900	$3.89M	1.3%	$55.65	—	COM	754907103
—	Leucadia National Corp.	142,000	$3.868M	1.3%	$26.22	—	COM	527288104
PFG	Principal Financial Group	89,700	$3.841M	1.3%	$23.58	+14.2%	COM	74251V102
SLM	SLM Corporation	138,900	$3.459M	1.2%	$7.91	+10.3%	COM	78442P106
CVX	Chevron Corp	28,100	$3.414M	1.2%	$71.30	+2.5%	COM	166764100
CAH	Cardinal Health Inc.	65,300	$3.405M	1.2%	$34.55	+5.6%	COM	14149Y108
TKR	Timken Company	55,800	$3.37M	1.2%	$39.57	+8.3%	COM	887389104
AXS	Axis Capital Holdings Ltd	77,100	$3.339M	1.2%	$31.36	+0.8%	COM	G0692U109
—	Safeway Inc.	96,700	$3.093M	1.1%	$27.37	—	COM	786514208
TAP	Molson Coors Brewing Co.	61,000	$3.058M	1.1%	$37.25	+0.0%	COM	60871R209
—	Foot Locker Inc	88,000	$2.987M	1.0%	$34.25	—	COM	344849104
ACGL	Arch Capital Group Ltd.	52,800	$2.858M	1.0%	$16.55	+2.7%	COM	G0450A105
JBL	Jabil Circuit Inc.	131,300	$2.847M	1.0%	$17.66	+15.1%	COM	466313103
JPM	JPMorgan Chase & Co	53,400	$2.76M	1.0%	$36.36	+5.9%	COM	46625H100
AIZ	Assurant Inc.	47,900	$2.591M	0.9%	$37.94	+12.0%	COM	04621X108
—	Xerox Corporation	251,000	$2.583M	0.9%	$9.37	—	COM	984121103
GPC	Genuine Parts Company	30,600	$2.475M	0.9%	$54.12	+5.4%	COM	372460105
—	Allied World Assurance Co.	24,200	$2.405M	0.8%	$91.52	—	COM	H01531104
—	Domtar Corp.	29,100	$2.311M	0.8%	$66.49	—	COM	257559203
F	Ford Motor Company	134,100	$2.262M	0.8%	$8.18	+10.2%	COM	345370860
—	US Airways Group, Inc.	117,219	$2.222M	0.8%	$16.42	—	COM	90341W108
—	DISH Network Corp Cl A	49,200	$2.214M	0.8%	$42.52	—	COM	25470M109
WMT	Wal-Mart Stores, Inc.	29,900	$2.211M	0.8%	$19.97	-0.9%	COM	931142103
—	Harris Corporation	37,200	$2.206M	0.8%	$57.94	—	COM	413875105
XOM	Exxon Mobil Corporation	25,000	$2.151M	0.7%	$53.90	+0.5%	COM	30231G102
L	Loews Corp	41,900	$1.958M	0.7%	$42.08	+2.8%	COM	540424108
NOC	Northrop Grumman Corp	20,400	$1.943M	0.7%	$62.64	+19.5%	COM	666807102
—	Reynolds American Inc	39,700	$1.937M	0.7%	$48.37	—	COM	761713106
XEL	Xcel Energy Inc	68,800	$1.9M	0.7%	$19.49	-1.9%	COM	98389B100
—	Tech Data Corporation	37,500	$1.872M	0.6%	$47.09	—	COM	878237106
AIG	American Intl Group, Inc.	38,200	$1.858M	0.6%	$32.98	+9.3%	COM	026874784
—	Exelis Inc.	112,300	$1.764M	0.6%	$13.79	—	COM	30162A108
MTB	M&T Bank Corp.	15,500	$1.735M	0.6%	$72.91	+13.0%	COM	55261F104
WU	Western Union	87,300	$1.629M	0.6%	$18.66	—	COM	959802109
KR	Kroger Company	39,000	$1.573M	0.5%	$13.44	+13.3%	COM	501044101
—	ACE Limited	16,700	$1.562M	0.5%	$89.73	—	COM	H0023R105
CAR	Avis Budget Group, Inc.	54,100	$1.56M	0.5%	$28.57	-0.6%	COM	053774105
PBI	Pitney Bowes Inc.	84,200	$1.532M	0.5%	$14.77	+11.1%	COM	724479100
INGR	Ingredion Incorporated	23,000	$1.522M	0.5%	$70.28	-7.1%	COM	457187102
—	Starz Series A Liberty Capital	52,400	$1.474M	0.5%	$22.10	—	COM	85571Q102
COP	ConocoPhillips	20,500	$1.425M	0.5%	$39.96	+11.3%	COM	20825C104
WLY	John Wiley & Sons cl A	28,600	$1.364M	0.5%	$27.09	+15.9%	COM	968223206
BEN	Franklin Resources, Inc.	26,900	$1.36M	0.5%	$29.17	-1.6%	COM	354613101
SNA	Snap-On Inc.	13,200	$1.313M	0.5%	$66.38	+9.9%	COM	833034101
—	Scripps Networks Interact.	16,800	$1.312M	0.5%	$66.79	—	COM	811065101
GLW	Corning Inc.	89,000	$1.299M	0.4%	$10.49	+2.5%	COM	219350105
—	Protective Life Corp.	29,000	$1.234M	0.4%	$38.41	—	COM	743674103
—	Chubb Corp	13,700	$1.223M	0.4%	$84.67	—	COM	171232101
ALK	Alaska Air Group Inc	19,000	$1.19M	0.4%	$26.91	0.0%	COM	011659109
—	Scana Corporation	24,900	$1.146M	0.4%	$49.12	—	COM	80589M102
BAH	Booz Allen Hamilton cl A	58,100	$1.122M	0.4%	$13.30	0.0%	COM	099502106
CBRE	CBRE Group Inc.	48,500	$1.122M	0.4%	$23.15	0.0%	COM	12504L109
—	American Capital, Ltd.	77,700	$1.068M	0.4%	$12.67	—	COM	02503Y103
AWK	American Water Works	25,700	$1.061M	0.4%	$31.82	+0.9%	COM	030420103
AMP	Ameriprise Financial, Inc.	11,600	$1.057M	0.4%	$59.57	+14.3%	COM	03076C106
NUS	Nu Skin Enterprises Inc.	10,300	$986K	0.3%	$37.42	+53.5%	COM	67018T105
HUM	Humana Inc.	9,900	$924K	0.3%	$82.95	0.0%	COM	444859102
MCK	McKesson Corp	7,000	$898K	0.3%	$102.84	+9.1%	COM	58155Q103
KSS	Kohl's Corporation	17,100	$885K	0.3%	$52.24	0.0%	COM	500255104
CBT	Cabot Corporation	19,800	$846K	0.3%	$28.72	+5.2%	COM	127055101
—	SL Green Realty Corp.	9,200	$817K	0.3%	$88.80	—	COM	78440X101
—	Apollo Group Inc.	39,200	$816K	0.3%	$20.82	—	COM	037604105
ADM	Archer Daniels Midland	22,100	$814K	0.3%	$23.37	+9.7%	COM	039483102
—	Raytheon Company	10,400	$802K	0.3%	$66.15	—	COM	755111507
—	Steelcase Inc cl A	47,200	$784K	0.3%	$14.58	—	COM	858155203
OSK	Oshkosh Corporation	15,900	$779K	0.3%	$31.79	+15.9%	COM	688239201
CPA	Copa Holdings cl A	5,600	$777K	0.3%	$87.82	+7.5%	COM	P31076105
LNT	Alliant Energy Corp.	15,600	$773K	0.3%	$16.89	+1.5%	COM	018802108
ITW	Illinois Tool Works Inc.	10,000	$763K	0.3%	$54.78	0.0%	COM	452308109
CPB	Campbell Soup Company	18,400	$749K	0.3%	$30.73	-0.3%	COM	134429109
—	Hubbell Inc cl B	7,100	$744K	0.3%	$99.01	—	COM	443510201
GD	General Dynamics Corp.	8,200	$718K	0.2%	$56.44	+15.0%	COM	369550108
DTE	DTE Energy Company	10,000	$660K	0.2%	$38.29	-0.6%	COM	233331107
PSX	Phillips 66	10,700	$619K	0.2%	$40.44	-7.3%	COM	718546104
—	WellPoint, Inc.	6,900	$577K	0.2%	$81.86	—	COM	94973V107
—	CA, Inc.	18,500	$549K	0.2%	$28.59	—	COM	12673P105
WHR	Whirlpool Corporation	3,700	$542K	0.2%	$132.29	0.0%	COM	963320106
BOKF	BOK Financial Corp.	8,400	$532K	0.2%	$46.32	+3.8%	COM	05561Q201
HRL	Hormel Foods Corp	12,400	$522K	0.2%	$15.25	+3.9%	COM	440452100
—	Jacobs Engineering Group	8,900	$518K	0.2%	$55.17	—	COM	469814107
INTC	Intel Corporation	22,400	$513K	0.2%	$17.06	-0.9%	COM	458140100
—	New York Cmnty Bancorp	33,300	$503K	0.2%	$13.99	—	COM	649445103
VMI	Valmont Industries Inc	3,600	$500K	0.2%	$142.95	0.0%	COM	920253101
—	Corrections Corp of America	14,000	$484K	0.2%	$34.57	—	COM	22025Y407
STWD	Starwood Property Trust, Inc.	16,800	$403K	0.1%	$23.99	—	COM	85571B105
—	Hanesbrands, Inc.	6,000	$374K	0.1%	$51.50	—	COM	410345102
SCCO	Southern Copper Corp.	13,500	$368K	0.1%	$20.45	-12.6%	COM	84265V105
—	MRC Global Inc.	13,300	$356K	0.1%	$26.77	—	COM	55345K103
AVY	Avery Dennison Corp.	8,000	$348K	0.1%	$33.15	+4.6%	COM	053611109
—	Discover Financial Services	6,300	$318K	0.1%	$47.65	—	COM	254709108
—	General Electric Co	12,700	$303K	0.1%	$23.23	—	COM	369604103
WKC	World Fuel Services Corp	6,700	$250K	0.1%	$38.51	0.0%	COM	981475106
CE	Celanese Corp.	3,500	$185K	0.1%	$37.17	+4.5%	COM	150870103
—	Washington Post cl B	300	$183K	0.1%	$483.33	—	COM	939640108
CNO	CNO Financial Group, Inc.	12,500	$180K	0.1%	$11.13	0.0%	COM	12621E103
LDOS	Leidos Holdings, Inc.	3,475	$158K	0.1%	$21.28	0.0%	COM	525327102
LNC	Lincoln National Corp	3,500	$147K	0.1%	$22.50	+24.2%	COM	534187109
CSL	Carlisle Companies Inc.	1,700	$119K	0.0%	$55.89	+3.4%	COM	142339100
VSH	Vishay Intertechnology Inc.	7,700	$99,000	0.0%	$10.89	-0.2%	COM	928298108
AAP	Advance Auto Parts Inc	1,000	$83,000	0.0%	$72.11	-1.1%	COM	00751Y106
SAIC	Science App Int'l Corp	1,986	$67,000	0.0%	$31.48	0.0%	COM	808625107
BDX	Becton Dickinson & Co.	600	$60,000	0.0%	$78.11	+3.2%	COM	075887109
ARCC	Ares Capital Corp	2,400	$41,000	0.0%	$5.23	+2.7%	COM	04010L103
SNX	Synnex Corp	62	$4,000	0.0%	$16.65	+35.4%	COM	87162W100
—	AmTrust Financial Services	79	$3,000	0.0%	$41.34	—	COM	032359309
—	Sterling Financial Corp. WA	93	$3,000	0.0%	$21.51	—	COM	859319105
—	Sanmina Corp	175	$3,000	0.0%	$17.14	—	COM	800907206
—	Symetra Financial Corp	174	$3,000	0.0%	$17.24	—	COM	87151Q106
USNA	USANA Health Sciences, Inc.	34	$3,000	0.0%	$30.39	+32.1%	COM	90328M107
AMKR	Amkor Technology Inc	620	$3,000	0.0%	$3.94	+1.3%	COM	031652100
—	Cubic Corporation	49	$3,000	0.0%	$40.82	—	COM	229669106
—	Wesco Aircraft Hldgs	124	$3,000	0.0%	$16.13	—	COM	950814103
—	Vonage Holdings Corp.	863	$3,000	0.0%	$2.32	—	COM	92886T201
FIBK	First Interstate BancSystem A	111	$3,000	0.0%	$12.34	+12.3%	COM	32055Y201
GAMI	GAMCO Investors, Inc.	38	$3,000	0.0%	$23.34	+5.5%	COM	361438104
—	Igate Corporation	112	$3,000	0.0%	$18.29	—	COM	45169U105
IPAR	Inter Parfums, Inc.	65	$2,000	0.0%	$29.09	+4.4%	COM	458334109
—	Harbinger Group Inc.	170	$2,000	0.0%	$5.88	—	COM	41146A106
HMN	Horace Mann Educators	85	$2,000	0.0%	$23.24	+17.7%	COM	440327104
NSIT	Insight Enterprises, Inc.	120	$2,000	0.0%	$18.64	+8.0%	COM	45765U103
IBOC	International Bancshares	74	$2,000	0.0%	$14.96	+13.8%	COM	459044103
WMK	Weis Markets Inc.	39	$2,000	0.0%	$34.75	+5.1%	COM	948849104
SCL	Stepan Company	35	$2,000	0.0%	$56.48	+2.5%	COM	858586100
—	Renewable Energy Grp Inc	147	$2,000	0.0%	$13.61	—	COM	75972A301
SCSC	ScanSource, Inc.	57	$2,000	0.0%	$30.32	+11.8%	COM	806037107
SEM	Select Medical Holdings Corp	275	$2,000	0.0%	$3.81	+4.5%	COM	81619Q105
—	TeleTech Holdings Inc	66	$2,000	0.0%	$30.30	—	COM	879939106
—	United Stationers, Inc.	49	$2,000	0.0%	$40.82	—	COM	913004107
UVV	Universal Corporation	39	$2,000	0.0%	$58.13	-4.8%	COM	913456109
KELYA	Kelly Services cl A	104	$2,000	0.0%	$14.88	+8.8%	COM	488152208
EIG	Employers Holdings, Inc.	65	$2,000	0.0%	$17.54	+14.9%	COM	292218104
EZPW	EZCORP Inc.	123	$2,000	0.0%	$18.73	-4.4%	COM	302301106
CALM	Cal-Maine Foods Inc.	42	$2,000	0.0%	$15.20	+11.0%	COM	128030202
—	ManTech International A	84	$2,000	0.0%	$23.81	—	COM	564563104
MATW	Matthews International Corp	54	$2,000	0.0%	$27.75	+5.3%	COM	577128101
—	Bridgepoint Education, Inc.	121	$2,000	0.0%	$8.26	—	COM	10807M105
NC	NACCO Industries Inc A	38	$2,000	0.0%	$9.73	+4.4%	COM	629579103
NNI	Nelnet Inc	58	$2,000	0.0%	$36.86	+4.8%	COM	64031N108
NMFC	New Mountain Finance Corp	155	$2,000	0.0%	$3.91	+1.1%	COM	647551100
CACC	Credit Acceptance Corp	22	$2,000	0.0%	$110.76	0.0%	COM	225310101
MLI	Mueller Industries, Inc.	23	$1,000	0.0%	$10.20	+6.5%	COM	624756102
NHC	National Healthcare Corp	19	$1,000	0.0%	$47.39	+0.9%	COM	635906100
MRTN	Marten Transport, Ltd.	60	$1,000	0.0%	$4.79	+18.1%	COM	573075108
PLPC	Preformed Line Products	9	$1,000	0.0%	$72.70	-2.8%	COM	740444104
—	Coleman Cable Inc.	38	$1,000	0.0%	$26.32	—	COM	193459302
COKE	Coca-Cola Bottling Cl A	10	$1,000	0.0%	$5.51	+4.8%	COM	191098102
—	Navigators Group Inc	13	$1,000	0.0%	$76.92	—	COM	638904102
—	Journal Communications Inc.	172	$1,000	0.0%	$5.81	—	COM	481130102
EBF	Ennis Inc	30	$1,000	0.0%	$7.32	+15.7%	COM	293389102
AZTA	Brooks Automation Inc	139	$1,000	0.0%	$8.27	-2.1%	COM	114340102
EPAM	EPAM Systems Inc	43	$1,000	0.0%	$23.63	+30.3%	COM	29414B104
PRK	Park National Corp OH	10	$1,000	0.0%	$68.98	+13.3%	COM	700658107
PKOH	Park-Ohio Holdings Co	27	$1,000	0.0%	$28.99	-1.6%	COM	700666100
—	Entercom Communications	95	$1,000	0.0%	$10.53	—	COM	293639100
—	Capella Education Co.	21	$1,000	0.0%	$47.62	—	COM	139594105
CTBI	Community Trust Bancorp	17	$1,000	0.0%	$19.87	+13.7%	COM	204149108
—	Five Star Quality Care	118	$1,000	0.0%	$8.47	—	COM	33832D106
—	Hawaiian Holdings Inc.	157	$1,000	0.0%	$6.37	—	COM	419879101
—	World Wrestling Entertainment	84	$1,000	0.0%	$11.90	—	COM	98156Q108
AGM	Federal Agricultural Mortgage	21	$1,000	0.0%	$20.93	+7.5%	COM	313148306
IRDM	Iridium Communications Inc	206	$1,000	0.0%	$7.03	+6.5%	COM	46269C102
—	FBL Financial Group cl A	16	$1,000	0.0%	$62.50	—	COM	30239F106
IDT	IDT Corp Class B	36	$1,000	0.0%	$9.77	+24.2%	COM	448947507
WSBC	WesBanco Inc.	38	$1,000	0.0%	$24.67	+18.4%	COM	950810101
—	Spansion Inc. cl A	140	$1,000	0.0%	$14.29	—	COM	84649R200
—	Superior Industries Int'l	58	$1,000	0.0%	$17.24	—	COM	868168105
SAH	Sonic Automotive, Inc.	51	$1,000	0.0%	$22.22	+3.5%	COM	83545G102
SALM	Salem Communications Cl A	82	$1,000	0.0%	$8.12	-1.8%	COM	794093104
—	Air Transport Services Grp	142	$1,000	0.0%	$7.04	—	COM	00922R105
—	VOXX International Corp cl A	75	$1,000	0.0%	$13.33	—	COM	91829F104
SXI	Standex Intl Corp.	18	$1,000	0.0%	$52.47	+9.9%	COM	854231107
STBA	S&T Bancorp Inc.	41	$1,000	0.0%	$18.87	+23.0%	COM	783859101
—	Universal American Corp.	137	$1,000	0.0%	$7.30	—	COM	91338E101
RBCAA	Republic Bancorp KY	38	$1,000	0.0%	$24.84	+7.7%	COM	760281204
DCH	American Axle & Manufacturing	36	$1,000	0.0%	$15.63	+26.2%	COM	024061103
—	Amer. Cpl Mtg Inv Corp	47	$1,000	0.0%	$19.23	—	COM	02504A104
ALX	Alexanders Inc.	2	$1,000	0.0%	$500.00	—	COM	014752109
—	USA Mobility, Inc	61	$1,000	0.0%	$16.39	—	COM	90341G103
—	S.Y. Bancorp, Inc	13	$0	0.0%	—	—	COM	785060104
SRCE	1st Source Corporation	17	$0	0.0%	—	—	COM	336901103
SRI	Stoneridge, Inc.	44	$0	0.0%	$9.26	+33.5%	COM	86183P102
IMKTA	Ingles Markets cl A	16	$0	0.0%	$18.15	+22.6%	COM	457030104
—	Heartland Financial USA	14	$0	0.0%	—	—	COM	42234Q102
—	Hawaiian Telcom Holdco, Inc.	13	$0	0.0%	—	—	COM	420031106
GSBC	Great Southern Bancorp	16	$0	0.0%	$25.95	+8.6%	COM	390905107
—	National Western Life Insuranc	2	$0	0.0%	—	—	COM	638522102
BSET	Bassett Furniture Industries	19	$0	0.0%	$8.53	+11.8%	COM	070203104
CULP	Culp Inc.	20	$0	0.0%	$13.23	+13.4%	COM	230215105
BANF	BancFirst Corp OK	8	$0	0.0%	$16.45	+22.9%	COM	05945F103