Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	GOLAR LNG LTD BERMUDA	2,377,600	$79.13M	8.8%	$33.23	—	SHS	g9456a100
—	ALERE INC	1,417,967	$69.34M	7.7%	$24.50	—	COM	01449j105
VC	VISTEON CORP	686,379	$66.17M	7.4%	$35.15	+63.7%	COM NEW	92839U206
—	PLATFORM SPECIALTY PRODS COR	1,893,015	$48.58M	5.4%	$23.56	—	COM	72766Q105
—	ARCH CAP GROUP LTD	689,387	$42.47M	4.7%	$51.41	—	ORD	g0450a105
—	ACTAVIS PLC	135,412	$40.3M	4.5%	$169.52	—	SHS	G0083B108
—	LIBERTY GLOBAL PLC	751,385	$37.43M	4.2%	$41.40	—	SHS CL C	G5480U120
—	CHARTER COMMUNICATIONS INC D	156,852	$30.29M	3.4%	$123.80	—	CL A NEW	16117M305
ABT	ABBOTT LABS	638,090	$29.56M	3.3%	$29.20	+28.2%	COM	002824100
NVGS	NAVIGATOR HOLDINGS LTD	1,495,907	$28.57M	3.2%	$27.36	-36.2%	SHS	Y62132108
ACM	AECOM	912,998	$28.14M	3.1%	$32.83	-16.4%	COM	00766T100
NWSA	NEWS CORP NEW	1,673,157	$26.79M	3.0%	$14.25	-0.2%	CL A	65249B109
—	JARDEN CORP	500,043	$26.45M	2.9%	$43.75	—	COM	471109108
FDX	FEDEX CORP	152,565	$25.24M	2.8%	$97.59	+51.5%	COM	31428X106
RSG	REPUBLIC SVCS INC	556,342	$22.57M	2.5%	$26.57	+26.0%	COM	760759100
—	DOMINION DIAMOND CORP	1,306,180	$22.32M	2.5%	$14.10	—	COM	257287102
—	LABORATORY CORP AMER HLDGS	176,125	$22.21M	2.5%	$126.09	—	COM NEW	50540R409
ARMK	ARAMARK	683,718	$21.63M	2.4%	$20.07	0.0%	COM	03852U106
—	TWENTY FIRST CENTY FOX INC	623,211	$21.09M	2.3%	$33.67	—	CL A	90130A101
—	GOLAR LNG PARTNERS LP	709,090	$19.07M	2.1%	$34.10	—	COM UNIT LPI	Y2745C102
—	FLEXTRONICS INTL LTD	1,444,810	$18.31M	2.0%	$11.18	—	ORD	y2573f102
TMO	THERMO FISHER SCIENTIFIC INC	135,886	$18.25M	2.0%	$79.76	+56.4%	COM	883556102
—	EXPRESS SCRIPTS HLDG CO	177,715	$15.42M	1.7%	$69.25	—	COM	30219G108
—	FIDELITY NATL INFORMATION SV	201,997	$13.75M	1.5%	$42.84	—	COM	31620m106
OC	OWENS CORNING NEW	271,710	$11.79M	1.3%	$37.93	+4.5%	COM	690742101
—	SUPERIOR ENERGY SVCS INC	461,600	$10.31M	1.1%	$36.01	—	COM	868157108
—	NEUSTAR INC	408,314	$10.05M	1.1%	$46.63	—	CL A	64126x201
—	REXNORD CORP NEW	328,090	$8.757M	1.0%	$28.45	—	COM	76169B102
SDLPEUR	SEADRILL PARTNERS LLC	695,820	$8.176M	0.9%	$30.41	—	COMUNIT REP LB	Y7545W109
—	CINCINNATI BELL INC NEW	2,120,508	$7.485M	0.8%	$3.06	—	COM	171871106
XPO	XPO LOGISTICS INC	149,615	$6.803M	0.8%	$9.45	+53.3%	COM	983793100
MKL	MARKEL CORP	8,804	$6.77M	0.8%	$523.59	+38.1%	COM	570535104
—	PROVIDENCE & WORCESTER RR CO	346,965	$6.273M	0.7%	$15.82	—	COM	743737108
MTN	VAIL RESORTS INC	54,370	$5.623M	0.6%	$64.33	+40.7%	COM	91879Q109
—	IGATE CORP	123,180	$5.255M	0.6%	$16.42	—	COM	45169U105
—	WASTE CONNECTIONS INC	104,043	$5.009M	0.6%	$41.14	—	COM	941053100
CEVA	CEVA INC	225,766	$4.813M	0.5%	$15.92	+23.1%	COM	157210105
—	COMVERSE INC	215,715	$4.25M	0.5%	$27.31	—	COM	20585P105
SSP	SCRIPPS E W CO OHIO	147,955	$4.208M	0.5%	$12.47	+21.2%	CL A NEW	811054402
—	VERINT SYS INC	65,445	$4.053M	0.5%	$35.73	—	COM	92343X100
KODK	EASTMAN KODAK CO	188,050	$3.571M	0.4%	$22.01	-13.8%	COM NEW	277461406
—	ASCENT CAP GROUP INC	80,419	$3.201M	0.4%	$73.87	—	COM SER A	043632108
—	DELTIC TIMBER CORP	40,035	$2.652M	0.3%	$59.05	—	COM	247850100
MAS	MASCO CORP	85,405	$2.28M	0.3%	$19.32	0.0%	COM	574599106
—	SEMGROUP CORP	26,185	$2.13M	0.2%	$53.95	—	CL A	81663a105
—	ELECTRONICS FOR IMAGING INC	39,070	$1.631M	0.2%	$28.29	—	COM	286082102
—	CINCINNATI BELL INC NEW	4,400	$218K	0.0%	$48.18	—	PFD CV DEP1/20	171871403
—	XPLORE TECHNOLOGIES CORP	25,283	$161K	0.0%	$3.56	—	COM PAR $0.001	983950700