Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SWKS	SKYWORKS SOLUTIONS INC	304,044	$17.65M	1.6%	$58.05 *	$18.04	+137.1%	COM	83088M102
—	SYNOVUS FINL CORP	696,262	$16.46M	1.5%	$23.64	$24.23	—	COM	87161C501
—	AOL INC	338,228	$15.2M	1.4%	$44.95	$44.59	—	COM	00184X105
—	SPIRIT AIRLINES	219,147	$15.15M	1.4%	$69.14	$36.94	—	COM	848577102
JPM	JPMORGAN CHASE & CO	242,584	$14.61M	1.3%	$60.24 *	$40.07	+7.7%	COM	46625H100
SNX	SYNNEX CORP	210,003	$13.57M	1.2%	$64.63 *	$24.43	+18.8%	COM	87162W100
CVS	CVS HEALTH CORP	159,517	$12.7M	1.1%	$79.59 *	$41.44	+38.7%	COM	126650100
CNO	CNO FINANCIAL INC	735,541	$12.47M	1.1%	$16.96 *	$9.91	+37.3%	COM	12621E103
BAC	BANK OF AMERICA CORP	725,497	$12.37M	1.1%	$17.05 *	$10.94	+14.9%	COM	060505104
AIG	AMERICAN INTL GROUP	228,813	$12.36M	1.1%	$54.02 *	$33.80	+23.6%	COM	026874784
C	CITIGROUP INC	229,586	$11.9M	1.1%	$51.82 *	$35.76	+4.6%	COM	172967424
VYX	NCR CORP NEW	343,478	$11.48M	1.0%	$33.41 *	$21.22	-4.4%	COM	62886E108
UHAL	AMERCO	42,556	$11.14M	1.0%	$261.89 *	$20.00	+38.3%	COM	023586100
MRK	MERCK & CO INC	182,147	$10.8M	1.0%	$59.28 *	$32.58	+20.9%	COM	58933Y105
—	HUDSON PACIFIC PROPERTIES, INC.	430,293	$10.61M	0.9%	$24.66	$22.46	—	COM	444097109
—	ACTUA CORPORATION	658,577	$10.55M	0.9%	$16.02	$16.02	—	COM	005094107
HIG	HARTFORD FINL SVCS	282,213	$10.51M	0.9%	$37.25 *	$22.20	+28.2%	COM	416515104
—	SILICON VY BANCSHARES	89,731	$10.06M	0.9%	$112.09	$86.14	—	COM	78486Q101
UTHR	UNITED THERAPEUTIC DEL	78,133	$10.05M	0.9%	$128.65 *	$69.77	+47.8%	COM	91307C102
PEB	PEBBLEBROOK HOTEL	267,109	$9.974M	0.9%	$37.34	$30.60	—	COM	70509V100
AAPL	APPLE COMPUTER INC	92,782	$9.348M	0.8%	$100.75 *	$18.46	+17.2%	COM	037833100
WCC	WESCO INTL INC	115,101	$9.008M	0.8%	$78.26 *	$77.14	+4.2%	COM	95082P105
MET	METLIFE INC	166,669	$8.953M	0.8%	$53.72 *	$24.43	+36.2%	COM	59156R108
KEY	KEYCORP	671,223	$8.947M	0.8%	$13.33 *	$6.75	+30.6%	COM	493267108
—	FIRST POTOMAC RLTY TR	746,977	$8.777M	0.8%	$11.75	$12.07	—	COM	33610F109
—	NORTHSTAR ASSET MANAGEMENT GROUP	467,835	$8.618M	0.8%	$18.42	$18.42	—	COM	66705Y104
—	MARATHON OIL CORP	228,975	$8.607M	0.8%	$37.59	$35.07	—	COM	565849106
EEFT	EURONET WORLDWIDE INC	178,339	$8.523M	0.8%	$47.79 *	$32.53	+53.1%	COM	298736109
—	VERINT SYS INC	153,247	$8.522M	0.8%	$55.61	$39.76	—	COM	92343X100
—	CARRIZO OIL & GAS	158,057	$8.507M	0.8%	$53.82	$33.92	—	COM	144577103
—	STRATEGIC HOTELS & RESORTS	721,359	$8.404M	0.8%	$11.65	$9.25	—	COM	86272T106
DECK	DECKERS OUTDOOR CORP	86,333	$8.39M	0.8%	$97.18 *	$9.79	+56.1%	COM	243537107
—	CIGNA CORP	92,056	$8.349M	0.7%	$90.69	$72.63	—	COM	125509109
FR	FIRST INDUSTRIAL RLTY	490,141	$8.288M	0.7%	$16.91	$16.64	—	COM	32054K103
KRC	KILROY REALTY CORP	139,418	$8.287M	0.7%	$59.44	$53.22	—	COM	49427F108
—	E M C CORP MASS	280,494	$8.207M	0.7%	$29.26	$23.62	—	COM	268648102
NVS	NOVARTIS AG	85,885	$8.084M	0.7%	$94.13	$72.96	—	COM	66987V109
FRCB	FIRST REP BK SAN	163,415	$8.069M	0.7%	$49.38 *	$35.36	+29.8%	COM	33616C100
—	GENERAL ELEC CO	309,972	$7.941M	0.7%	$25.62	$23.83	—	COM	369604103
PFE	PFIZER INC	267,391	$7.907M	0.7%	$29.57 *	$16.46	+6.0%	COM	717081103
SXT	SENSIENT TECH CORP	148,775	$7.788M	0.7%	$52.35 *	$41.94	+29.9%	COM	81725T100
BANR	BANNER CORP	202,086	$7.774M	0.7%	$38.47 *	$23.50	+15.3%	COM	06652V208
—	KODIAK OIL & GAS	566,917	$7.693M	0.7%	$13.57	$11.21	—	COM	50015Q100
UCB	UNITED CMNTY BKS GA CAP STK	466,354	$7.676M	0.7%	$16.46	$13.80	+20.5%	COM	90984P303
AMT	AMERICAN TOWER CORP	81,758	$7.655M	0.7%	$93.63 *	$59.51	+21.9%	COM	03027X100
SYK	STRYKER CORP	94,174	$7.605M	0.7%	$80.75 *	$57.76	+24.5%	COM	863667101
—	ATMEL CORP	933,754	$7.545M	0.7%	$8.08	$7.82	—	COM	049513104
—	WHITING PETE CORP NEW	96,506	$7.484M	0.7%	$77.55	$46.09	—	COM	966387102
TRN	TRINITY INDS INC	160,021	$7.476M	0.7%	$46.72 *	$13.80	+70.9%	COM	896522109
—	ACETO CORP	385,257	$7.443M	0.7%	$19.32	$15.72	—	COM	004446100
SWK	STANLEY BLACK & DECKER	83,462	$7.411M	0.7%	$88.79 *	$57.98	+15.5%	COM	854502101
SBRA	SABRA HEALTH CARE REIT	301,348	$7.329M	0.7%	$24.32	$26.35	—	COM	78573L106
AKR	ACADIA REALTY TRUST	264,844	$7.304M	0.7%	$27.58	$25.19	—	COM	004239109
VZ	VERIZON COMMUNICATIONS	146,030	$7.3M	0.7%	$49.99 *	$27.04	+2.8%	COM	92343V104
—	ESTERLINE TECHNOLOGIES	63,763	$7.095M	0.6%	$111.27	$79.16	—	COM	297425100
PG	PROCTER & GAMBLE CO	84,303	$7.06M	0.6%	$83.75 *	$55.00	+8.6%	COM	742718109
CVX	CHEVRON CORP NEW	57,371	$6.846M	0.6%	$119.33 *	$77.70	+1.0%	COM	166764100
—	CENTURYLINK	166,455	$6.806M	0.6%	$40.89	$32.84	—	COM	156700106
—	BAKER HUGHES INC	104,511	$6.799M	0.6%	$65.06	$59.91	—	COM	057224107
—	TRIUMPH GROUP INC NEW	104,032	$6.767M	0.6%	$65.05	$72.89	—	COM	896818101
TKR	TIMKEN CO	159,486	$6.761M	0.6%	$42.39 *	$42.95	+7.1%	COM	887389104
—	COMSTOCK RES INC COM NEW	361,981	$6.74M	0.6%	$18.62	$19.67	—	COM	205768203
COP	CONOCOPHILLIPS	87,659	$6.708M	0.6%	$76.52 *	$39.96	+41.9%	COM	20825C104
GS	GOLDMAN SACHS GROUP	36,508	$6.702M	0.6%	$183.58 *	$120.06	+17.1%	COM	38141G104
WTFC	WINTRUST FINL CORP	149,617	$6.683M	0.6%	$44.67 *	$38.15	+21.5%	COM	97650W108
—	CABELAS IN	113,217	$6.668M	0.6%	$58.90	$58.90	—	COM	126804301
—	AMERICAN EQTY INVT LFE	291,354	$6.666M	0.6%	$22.88	$18.66	—	COM	025676206
PKOH	PARK-OHIO HOLDINGS CORP	138,596	$6.633M	0.6%	$47.86 *	$32.75	+41.9%	COM	700666100
JNJ	JOHNSON & JOHNSON	61,764	$6.583M	0.6%	$106.58 *	$59.66	+26.7%	COM	478160104
ARAY	ACCURAY INC	905,311	$6.573M	0.6%	$7.26 *	$5.75	+41.1%	COM	004397105
ABCB	AMERIS BANCORP	298,585	$6.554M	0.6%	$21.95 *	$15.60	+23.7%	COM	03076K108
—	ARGONAUT GROUP INC	130,053	$6.543M	0.6%	$50.31	$49.07	—	COM	G0464B107
CDP	CORPORATE OFFICE PPTYS SH BEN INT	254,331	$6.541M	0.6%	$25.72	$25.72	—	COM	22002T108
—	CORESITE REALTY CORP	198,076	$6.511M	0.6%	$32.87	$31.82	—	COM	21870Q105
DAN	DANA HOLDING CORP	335,597	$6.433M	0.6%	$19.17 *	$15.88	+14.4%	COM	235825205
DLX	DELUXE CORP	116,369	$6.419M	0.6%	$55.16 *	$35.39	+5.8%	COM	248019101
SUI	SUN COMMUNITIES INC	125,665	$6.346M	0.6%	$50.50	$50.42	—	COM	866674104
SHOO	MADDEN STEVEN LTD	194,461	$6.267M	0.6%	$32.23 *	$19.35	-0.1%	COM	556269108
NWL	NEWELL RUBBERMAID INC	179,940	$6.192M	0.6%	$34.41 *	$16.79	+27.8%	COM	651229106
DIS	WALT DISNEY CO	68,724	$6.118M	0.5%	$89.02 *	$56.11	+41.3%	COM	254687106
PRGS	PROGRESS SOFTWARE CORP	255,573	$6.111M	0.5%	$23.91	$22.77	+3.1%	COM	743312100
—	TIVO INC	471,326	$6.031M	0.5%	$12.80	$12.89	—	COM	888706108
CAR	AVIS BUDGET GROUP	108,823	$5.973M	0.5%	$54.89 *	$32.59	+82.3%	COM	053774105
—	NEWBRIDGE BANCORP	786,646	$5.971M	0.5%	$7.59	$6.49	—	COM	65080T102
CBT	CABOT CORP	117,521	$5.967M	0.5%	$50.77 *	$35.41	+18.0%	COM	127055101
SO	SOUTHERN CO	135,159	$5.9M	0.5%	$43.65 *	$27.11	+0.0%	COM	842587107
DOV	DOVER CORP	73,011	$5.865M	0.5%	$80.33 *	$39.99	+43.6%	COM	260003108
—	STATE BANK & TRUST	356,002	$5.781M	0.5%	$16.24	$15.55	—	COM	856190103
IBOC	INTERNATIONAL BNCSHRS	232,330	$5.73M	0.5%	$24.66 *	$17.95	+7.9%	COM	459044103
—	PROGENICS PHARMA INC	1,089,745	$5.656M	0.5%	$5.19	$4.99	—	COM	743187106
—	WILSHIRE BANCORP INC	605,562	$5.589M	0.5%	$9.23	$7.18	—	COM	97186T108
—	ENDURANCE SPECIALTY HOLDINGS LTD.	100,982	$5.572M	0.5%	$55.18	$52.99	—	COM	G30397106
DUK	DUKE ENERGY CORP	74,466	$5.568M	0.5%	$74.77 *	$45.26	+0.8%	COM	26441C204
—	YAHOO INC	135,975	$5.541M	0.5%	$40.75	$40.75	—	COM	984332106
—	ROSETTA RESOURCES INC	123,242	$5.492M	0.5%	$44.56	$54.23	—	COM	777779307
AMP	AMERIPRISE FINL INC	43,499	$5.367M	0.5%	$123.38 *	$87.59	+10.2%	COM	03076C106
—	CHESAPEAKE ENERGY CORP	232,953	$5.356M	0.5%	$22.99	$24.92	—	COM	165167107
BKH	BLACK HILLS CORP	111,289	$5.329M	0.5%	$47.88 *	$31.44	+13.5%	COM	092113109
PFF	ISHARES S&P U.S. PREFERRED STOCK INDEX F	134,620	$5.32M	0.5%	$39.52	$39.11	—	NOTE	464288687
—	GOODRICH PETROLEUM CORP	355,448	$5.268M	0.5%	$14.82	$17.84	—	COM	382410405
—	MEDTRONIC INC	84,540	$5.237M	0.5%	$61.95	$51.47	—	COM	585055106
VLO	VALERO ENERGY CORP NEW	112,597	$5.21M	0.5%	$46.27 *	$24.58	+32.7%	COM	91913Y100
KALU	KAISER ALUMINUM CORP	67,337	$5.132M	0.5%	$76.21 *	$45.09	+20.7%	COM	483007704
DCH	AMERICAN AXLE & MFG	305,763	$5.128M	0.5%	$16.77 *	$18.99	-3.2%	COM	024061103
BAX	BAXTER INTL INC	69,186	$4.965M	0.4%	$71.76 *	$30.34	+10.2%	COM	071813109
PVH	PHILLIPS VAN HEUSEN CP	40,718	$4.933M	0.4%	$121.15 *	$121.46	-5.1%	COM	693656100
GILD	GILEAD SCIENCES INC	46,291	$4.928M	0.4%	$106.46 *	$54.22	+25.5%	COM	375558103
CPK	CHESAPEAKE UTILITIES CORP.	116,313	$4.846M	0.4%	$41.66 *	$32.23	+12.2%	COM	165303108
HCA	HCA INC	68,536	$4.833M	0.4%	$70.52 *	$61.43	0.0%	COM	40412C101
—	AMERICAN CAMPUS CMNTYS	130,249	$4.748M	0.4%	$36.45	$37.46	—	COM	024835100
GM	GENERAL MTRS CORP	147,802	$4.721M	0.4%	$31.94 *	$25.60	+3.5%	COM	37045V100
HUN	HUNTSMAN CORP	181,515	$4.718M	0.4%	$25.99 *	$18.73	+45.5%	COM	447011107
AES	AES CORP	331,278	$4.698M	0.4%	$14.18 *	$8.29	+19.0%	COM	00130H105
UAL	UNITED CONTINENTAL HOLDINGS, INC.	98,819	$4.624M	0.4%	$46.79	$35.03	+32.5%	COM	910047109
PWR	QUANTA SVCS INC	125,870	$4.568M	0.4%	$36.29 *	$34.89	0.0%	COM	74762E102
—	NOBLE ENRGY INC	66,811	$4.567M	0.4%	$68.36	$71.04	—	COM	655044105
—	JARDEN CORP	75,937	$4.565M	0.4%	$60.12	$59.35	—	COM	471109108
ARE	ALEXANDRIA REAL ESTATE	60,256	$4.444M	0.4%	$73.75 *	$51.61	+0.8%	COM	015271109
CCK	CROWN HOLDINGS INC	97,979	$4.362M	0.4%	$44.52 *	$41.28	+10.8%	COM	228368106
NNI	NELNET INC CL A	100,575	$4.334M	0.4%	$43.09	$37.36	+14.8%	COM	64031N108
—	IBERIABANK CORP	68,696	$4.294M	0.4%	$62.51	$55.33	—	COM	450828108
—	LASALLE HOTEL PROPERTIES	124,853	$4.275M	0.4%	$34.24	$34.24	—	COM	517942108
—	ACE LTD ORD	40,569	$4.254M	0.4%	$104.86	$89.48	—	COM	H0023R105
HFWA	HERITAGE FINANCIAL CORP	267,090	$4.231M	0.4%	$15.84 *	$16.25	-0.2%	COM	42722X106
MTH	MERITAGE HOMES CORP	118,154	$4.194M	0.4%	$35.50 *	$21.43	-6.4%	COM	59001A102
CBZ	CBIZ INC	518,175	$4.078M	0.4%	$7.87 *	$8.85	-3.7%	COM	124805102
SSP	E.W. SCRIPPS	244,241	$3.984M	0.4%	$16.31 *	$12.74	+4.3%	COM	811054402
CBRL	CRACKER BARREL OLD COUNTRY STORE	37,984	$3.92M	0.4%	$103.20 *	$52.32	+16.3%	COM	22410J106
EGAN	EGAIN CORP	637,963	$3.828M	0.3%	$6.00 *	$6.47	0.0%	COM	28225C806
MEI	METHODE ELECTRS INC	99,314	$3.662M	0.3%	$36.87 *	$13.85	+105.7%	COM	591520200
ETN	EATON CORP	57,192	$3.624M	0.3%	$63.37 *	$46.59	+16.2%	COM	G29183103
MYRG	MYR GROUP INC	147,886	$3.561M	0.3%	$24.08	$21.77	+12.6%	COM	55405W104
NCLH	NORWEGIAN CRUISE LINE HOLDINGS LTD.	96,103	$3.462M	0.3%	$36.02 *	$32.84	+3.4%	SHS	G66721104
SCHX	SCHWAB LARGE CAP ETF	72,071	$3.387M	0.3%	$47.00	$39.77	—	COM	808524201
—	ASHLAND INC	32,479	$3.381M	0.3%	$104.10	$87.28	—	COM	044209104
—	TREEHOUSE FOODS INC	40,978	$3.299M	0.3%	$80.51	$70.76	—	COM	89469A104
—	PDC ENERGY	65,376	$3.288M	0.3%	$50.29	$53.15	—	COM	69327R101
KAI	KADANT INC	83,154	$3.247M	0.3%	$39.05 *	$29.92	+18.5%	COM	48282T104
SPG	SIMON PROPERTY GROUP	19,722	$3.243M	0.3%	$164.44 *	$88.18	+9.8%	COM	828806109
—	UIL HLDG CORP	91,255	$3.23M	0.3%	$35.40	$38.71	—	COM	902748102
—	FIDELITY SOUTHERN CORP	234,035	$3.206M	0.3%	$13.70	$13.70	—	COM	316394105
TOL	TOLL BROTHERS INC	102,397	$3.191M	0.3%	$31.16 *	$34.26	0.0%	COM	889478103
—	HARTE-HANKS INC	499,777	$3.184M	0.3%	$6.37	$6.37	—	COM	416196103
—	CAPITAL BANK FINANCIAL CORP	132,497	$3.164M	0.3%	$23.88	$24.89	—	COM	139794101
—	MICROSEMI CORP	124,288	$3.158M	0.3%	$25.41	$23.35	—	COM	595137100
HTBK	HERITAGE COMMERCE CORP	384,519	$3.157M	0.3%	$8.21	$6.80	+20.4%	COM	426927109
IDA	IDACORP INC	57,486	$3.082M	0.3%	$53.61 *	$51.73	+6.4%	COM	451107106
UNF	UNIFIRST CORP MASS	31,877	$3.079M	0.3%	$96.59	$88.73	+6.8%	COM	904708104
—	HERITAGE OAKS BANCORP	439,396	$3.076M	0.3%	$7.00	$7.61	—	COM	42724R107
—	NATL PENN BANCSHARES	316,789	$3.076M	0.3%	$9.71	$10.22	—	COM	637138108
—	MEREDITH CORP	71,457	$3.058M	0.3%	$42.79	$47.64	—	COM	589433101
TTEK	TETRA TECH INC NEW	119,598	$2.988M	0.3%	$24.98 *	$5.47	-4.7%	COM	88162G103
—	LACLEDE GROUP INC	64,300	$2.984M	0.3%	$46.41	$46.05	—	COM	505597104
COLM	COLUMBIA SPORTSWEAR CO	83,124	$2.974M	0.3%	$35.78 *	$33.74	0.0%	COM	198516106
—	UNITED FINANCIAL BANCORP	233,528	$2.963M	0.3%	$12.69	$13.52	—	COM	910304104
—	INTERVAL LEISURE GROUP, INC	153,277	$2.92M	0.3%	$19.05	$21.85	—	COM	46113M108
KN	KNOWLES CORP	109,988	$2.915M	0.3%	$26.50 *	$30.46	+0.2%	COM	49926D109
—	BBCN BANCORP INC	196,147	$2.862M	0.3%	$14.59	$15.91	—	COM	073295107
—	SANDRIDGE ENERGY INC	666,428	$2.859M	0.3%	$4.29	$7.15	—	COM	80007P307
POR	PORTLAND GENERAL	88,987	$2.858M	0.3%	$32.12 *	$19.20	+14.3%	COM	736508847
MTRN	MATERION CORP	91,973	$2.821M	0.3%	$30.67 *	$34.61	-1.8%	COM	576690101
OCFC	OCEANFIRST FINL CORP	170,627	$2.715M	0.2%	$15.91 *	$11.55	-4.9%	COM	675234108
—	ROVI CORP.	137,091	$2.707M	0.2%	$19.75	$22.84	—	COM	779376102
—	HORNBECK OFFSHORE SVCS	81,903	$2.681M	0.2%	$32.73	$32.73	—	COM	440543106
IP	INTL PAPER CO	54,525	$2.603M	0.2%	$47.74 *	$28.63	0.0%	COM	460146103
—	GUESS INC	114,403	$2.513M	0.2%	$21.97	$26.84	—	COM	401617105
—	EMPIRE DIST ELEC CO	103,629	$2.503M	0.2%	$24.15	$22.81	—	COM	291641108
TXNM	PNM RES INC	97,412	$2.427M	0.2%	$24.91 *	$23.57	+12.5%	COM	69349H107
TDC	TERADATA CORP.	56,264	$2.359M	0.2%	$41.93 *	$43.02	0.0%	COM	88076W103
LVS	LAS VEGAS SANDS	35,365	$2.2M	0.2%	$62.21 *	$49.32	0.0%	COM	517834107
—	DOMTAR CORP.	62,307	$2.189M	0.2%	$35.13	$81.99	—	COM	257559203
—	SEAGATE TECHNOLOGY	38,198	$2.188M	0.2%	$57.28	$57.28	—	SHS	G7945M107
—	KRATON PERFORMANCE POLYMERS, INC	120,943	$2.154M	0.2%	$17.81	$22.26	—	COM	50077C106
—	MRC GLOBAL, INC.	89,805	$2.094M	0.2%	$23.32	$23.32	—	COM	55345K103
—	CRANE CO	31,651	$2.001M	0.2%	$63.22	$63.22	—	COM	224399105
—	GANNETT INC	64,957	$1.927M	0.2%	$29.67	$29.67	—	COM	364730101
AVB	AVALONBAY COMMUNITIES	12,159	$1.714M	0.2%	$140.97 *	$87.57	+16.0%	COM	053484101
IWN	ISHARES RUSSELL 2000 VALUE	18,148	$1.698M	0.2%	$93.56	$93.56	—	COM	464287630
ABBV	ABBVIE INC	28,020	$1.618M	0.1%	$57.74 *	$26.56	+32.4%	COM	00287Y109
—	GUGGENHEIM SPIN-OFF	33,133	$1.495M	0.1%	$45.12	$41.10	—	COM	18383M605
PEP	PEPSICO INC	15,996	$1.489M	0.1%	$93.09 *	$56.42	+15.0%	COM	713448108
BXP	BOSTON PROPERTIES INC	12,510	$1.448M	0.1%	$115.75 *	$64.02	+16.0%	COM	101121101
XOM	EXXON MOBIL CORP	13,699	$1.288M	0.1%	$94.02 *	$55.81	+10.2%	COM	30231G102
SPY	SPDR S&P DEPOSITORY RECEIPTS	5,684	$1.12M	0.1%	$197.04	$160.54	—	COM	78462F103
T	AT&T INC	30,758	$1.084M	0.1%	$35.24 *	$11.40	+4.4%	COM	00206R102
EXR	EXTRA SPACE STORAGE	20,428	$1.053M	0.1%	$51.55 *	$26.90	+29.1%	COM	30225T102
VTR	VENTAS INC	16,944	$1.05M	0.1%	$61.97 *	$48.10	-8.1%	COM	92276F100
IYR	ISHARES TR DJ US REAL EST	13,871	$960K	0.1%	$69.21	$66.56	—	COM	464287739
—	GOOGLE INC CL A	1,632	$960K	0.1%	$588.24	$584.56	—	COM	38259P508
—	GOOGLE INC CL C	1,577	$910K	0.1%	$577.05	$575.37	—	COM	38259P706
VNO	VORNADO REALTY TRUST	8,750	$875K	0.1%	$100.00	$87.46	—	COM	929042109
—	HERTZ GLOBAL HOLDINGS, INC.	32,018	$813K	0.1%	$25.39	$28.62	—	COM	42805T105
—	SL GREEN REALTY	7,819	$792K	0.1%	$101.29	$88.94	—	COM	78440X101
EME	EMCOR GROUP INC	17,754	$709K	0.1%	$39.93 *	$36.90	+10.6%	COM	29084Q100
PSA	PUBLIC STORAGE INC	4,260	$706K	0.1%	$165.73 *	$97.28	+13.6%	COM	74460D109
ESS	ESSEX PROPERTY TRUST	3,942	$705K	0.1%	$178.84 *	$112.59	+16.2%	COM	297178105
PLD	PROLOGIS	17,721	$668K	0.1%	$37.70 *	$27.84	+3.6%	COM	74340W103
—	MAGELLAN MIDSTREAM	7,835	$660K	0.1%	$84.24	$54.49	—	COM	559080106
AMGN	AMGEN INC	4,463	$627K	0.1%	$140.49 *	$74.19	+27.4%	COM	031162100
—	GENERAL GROWTH PPTYS	25,287	$596K	0.1%	$23.57	$19.97	—	COM	370023103
BMRC	BANK OF MARIN BANCORP	12,601	$578K	0.1%	$45.87 *	$15.27	+8.4%	COM	063425102
ELS	EQUITY LIFESTYLE PPTYS	13,080	$554K	0.0%	$42.35	$59.94	—	COM	29472R108
WY	WEYERHAEUSER INC	16,459	$524K	0.0%	$31.84 *	$18.78	+12.1%	COM	962166104
EPD	ENTERPRISE PRODUCTS PARTNERS	12,586	$507K	0.0%	$40.28	$51.41	—	COM	293792107
—	DU PONT E I DE NEMOURS	7,053	$506K	0.0%	$71.74	$52.79	—	COM	263534109
CL	COLGATE PALMOLIVE CO	7,660	$500K	0.0%	$65.27 *	$44.42	+14.1%	COM	194162103
WFC	WELLS FARGO & CO	9,275	$481K	0.0%	$51.86 *	$27.77	+34.7%	COM	949746101
ABT	ABBOTT LABS	11,407	$474K	0.0%	$41.55 *	$28.88	+18.1%	COM	002824100
—	COCA COLA ENTERPRISES INC NEW	10,042	$445K	0.0%	$44.31	$42.43	—	COM	19122T109
—	MONSANTO CO NEW	3,886	$437K	0.0%	$112.45	$112.45	—	COM	61166W101
INTC	INTEL CORP	12,464	$434K	0.0%	$34.82 *	$17.18	+49.9%	COM	458140100
—	NORDSTROM INC	6,192	$423K	0.0%	$68.31	$60.06	—	COM	655664100
LUV	SOUTHWEST AIRLS CO	12,385	$418K	0.0%	$33.75 *	$12.09	+122.6%	COM	844741108
—	UNILEVER NV	10,500	$417K	0.0%	$39.71	$39.31	—	COM	904784709
EMR	EMERSON ELEC CO	6,392	$400K	0.0%	$62.58 *	$43.95	+8.7%	COM	291011104
SLB	SCHLUMBERGER LTD	3,895	$396K	0.0%	$101.67 *	$52.98	+50.0%	COM	806857108
UNP	UNION PAC CORP	3,628	$393K	0.0%	$108.32 *	$66.09	+21.5%	COM	907818108
SCHH	SCHWAB US REIT ETF	11,200	$381K	0.0%	$34.02	$31.85	—	COM	808524847
—	APACHE CORP	4,034	$379K	0.0%	$93.95	$83.90	—	COM	037411105
—	POLYONE CORP	10,520	$374K	0.0%	$35.55	$24.82	—	COM	73179P106
REG	REGENCY CTRS CORP	6,433	$346K	0.0%	$53.79 *	$36.43	0.0%	COM	758849103
—	AVIV REIT, INC.	12,848	$339K	0.0%	$26.39	$25.32	—	COM	05381L101
CPT	CAMDEN PROPERTY TRUST	4,947	$339K	0.0%	$68.53 *	$46.41	0.0%	COM	133131102
GGG	GRACO INC	4,383	$320K	0.0%	$73.01 *	$16.98	+27.6%	COM	384109104
MAC	MACERICH CO	4,958	$316K	0.0%	$63.74	$60.94	—	COM	554382101
EBAY	EBAY INC	5,228	$296K	0.0%	$56.62 *	$20.46	-3.3%	COM	278642103
D	DOMINION RES VA NEW	4,271	$295K	0.0%	$69.07 *	$34.74	+22.7%	COM	25746U109
—	CUBIST PHARMACEUTICALS	4,452	$295K	0.0%	$66.26	$63.54	—	COM	229678107
IBM	INTERNATIONAL BUS MACH	1,537	$292K	0.0%	$189.98 *	$112.27	+1.8%	COM	459200101
KIM	KIMCO REALTY CORP	13,106	$287K	0.0%	$21.90 *	$12.47	+6.6%	COM	49446R109
SJM	SMUCKER J M CO COM NEW	2,892	$286K	0.0%	$98.89 *	$68.74	+6.8%	COM	832696405
ABM	ABM INDS INC	10,414	$268K	0.0%	$25.73 *	$17.69	+17.9%	COM	000957100
BRK/B	BERKSHIRE HATHAWAY CLASS B	1,788	$247K	0.0%	$138.14 *	$110.11	+21.0%	COM	084670702
PM	PHILIP MORRIS INTERNATIONAL INC	2,804	$234K	0.0%	$83.45 *	$49.33	-2.9%	COM	718172109
—	FEDERAL REALTY INVT TR	1,955	$232K	0.0%	$118.67	$114.58	—	COM	313747206
RWX	SPDR DOW JONES WILSHIRE INTERNATIONAL	5,563	$230K	0.0%	$41.34	$41.21	—	COM	78463X863
—	POWERSHARES COMMODITY INDEX TRACKING FUN	9,856	$229K	0.0%	$23.23	$25.11	—	COM	73935S105
—	DOW CHEM CO	4,212	$221K	0.0%	$52.47	$52.47	—	COM	260543103
—	EL PASO PIPELINE PARTNERS LP	5,346	$215K	0.0%	$40.22	$36.28	—	COM	283702108
—	FIRST SECURITY GROUP INC.	70,761	$140K	0.0%	$1.98	$2.14	—	COM	336312202
—	CHEMBIO DIAGNOSTICS	21,200	$79,000	0.0%	$3.73	$5.00	—	COM	163572209