Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CNO	CNO FINANCIAL INC	897,376	$16.88M	1.4%	$10.80	+34.7%	COM	12621E103
SNX	SYNNEX CORP	196,540	$16.72M	1.4%	$25.86	+34.0%	COM	87162W100
SUI	SUN COMMUNITIES INC	221,968	$15.04M	1.3%	$56.39	—	COM	866674104
—	SYNOVUS FINL CORP	498,045	$14.74M	1.2%	$25.29	—	COM	87161C501
—	HUDSON PACIFIC PROPERTIES, INC.	510,957	$14.71M	1.2%	$24.50	—	COM	444097109
—	ENDURANCE SPECIALTY HOLDINGS LTD.	214,607	$13.1M	1.1%	$62.34	—	COM	G30397106
—	ACETO CORP	459,754	$12.62M	1.1%	$17.48	—	COM	004446100
FR	FIRST INDUSTRIAL RLTY	579,960	$12.15M	1.0%	$17.63	—	COM	32054K103
CVS	CVS HEALTH CORP	125,425	$12.1M	1.0%	$41.44	+87.7%	COM	126650100
—	CORESITE REALTY CORP	234,760	$12.08M	1.0%	$35.63	—	COM	21870Q105
AIG	AMERICAN INTL GROUP	208,169	$11.83M	1.0%	$33.80	+39.6%	COM	026874784
—	STRATEGIC HOTELS & RESORTS	847,919	$11.69M	1.0%	$9.95	—	COM	86272T106
BANR	BANNER CORP	241,030	$11.51M	1.0%	$25.14	+29.9%	COM	06652V208
JPM	JPMORGAN CHASE & CO	188,003	$11.46M	1.0%	$41.05	+20.9%	COM	46625H100
UCB	UNITED CMNTY BKS GA CAP STK	556,187	$11.37M	1.0%	$14.97	+36.6%	COM	90984P303
CW	CURTISS WRIGHT CORP	182,105	$11.37M	1.0%	$63.84	0.0%	COM	231561101
PEB	PEBBLEBROOK HOTEL	316,016	$11.2M	0.9%	$33.28	—	COM	70509V100
SXT	SENSIENT TECH CORP	180,694	$11.08M	0.9%	$47.06	+39.8%	COM	81725T100
UHAL	AMERCO	27,982	$11.01M	0.9%	$21.44	+69.5%	COM	023586100
PFE	PFIZER INC	346,263	$10.88M	0.9%	$17.48	+17.9%	COM	717081103
XOM	EXXON MOBIL CORP	138,792	$10.32M	0.9%	$53.79	-8.8%	COM	30231G102
DLX	DELUXE CORP	184,100	$10.26M	0.9%	$38.20	+4.4%	COM	248019101
ABCB	AMERIS BANCORP	356,129	$10.24M	0.9%	$17.15	+38.9%	COM	03076K108
AMP	AMERIPRISE FINL INC	91,090	$9.941M	0.8%	$94.40	+0.3%	COM	03076C106
—	FIRST POTOMAC RLTY TR	886,861	$9.755M	0.8%	$11.97	—	COM	33610F109
—	ARGONAUT GROUP INC	170,843	$9.668M	0.8%	$49.82	—	COM	G0464B107
ARE	ALEXANDRIA REAL ESTATE	112,653	$9.538M	0.8%	$54.08	+15.1%	COM	015271109
FRCB	FIRST REP BK SAN	151,130	$9.486M	0.8%	$35.36	+67.6%	COM	33616C100
AKR	ACADIA REALTY TRUST	313,656	$9.432M	0.8%	$26.97	—	COM	004239109
DAN	DANA HOLDING CORP	577,826	$9.176M	0.8%	$16.06	-9.0%	COM	235825205
—	WEST CORP	402,849	$9.024M	0.8%	$29.98	—	COM	952355204
—	ATMEL CORP	1,114,286	$8.992M	0.8%	$7.90	—	COM	049513104
—	ALERE, INC	186,696	$8.989M	0.8%	$48.85	—	COM	01449J105
—	PENNEY J C INC	950,424	$8.829M	0.7%	$9.29	—	COM	708160106
—	STATE BANK & TRUST	424,808	$8.777M	0.7%	$16.73	—	COM	856190103
BOKF	BOK FINL CORP COM NEW	134,070	$8.676M	0.7%	$48.97	+2.0%	COM	05561Q201
MET	METLIFE INC	180,695	$8.52M	0.7%	$25.77	+27.7%	COM	59156R108
—	PDC ENERGY	159,295	$8.444M	0.7%	$50.87	—	COM	69327R101
CBZ	CBIZ INC	848,310	$8.33M	0.7%	$8.86	+10.1%	COM	124805102
KRC	KILROY REALTY CORP	126,743	$8.259M	0.7%	$57.26	—	COM	49427F108
COLM	COLUMBIA SPORTSWEAR CO	139,700	$8.213M	0.7%	$36.00	+52.7%	COM	198516106
MCHB	HOMESTREET INC	349,930	$8.083M	0.7%	$21.67	+4.2%	COM	43785V102
—	NEWBRIDGE BANCORP	946,319	$8.072M	0.7%	$7.03	—	COM	65080T102
—	CENTERSTATE BANKS INC	541,608	$7.962M	0.7%	$14.70	—	COM	15201P109
TCBK	TRICO BANCSHARES	322,996	$7.936M	0.7%	$24.38	-0.4%	COM	896095106
—	BNC BANCORP	356,319	$7.921M	0.7%	$20.54	—	COM	05566T101
—	HERITAGE OAKS BANCORP	993,273	$7.906M	0.7%	$7.90	—	COM	42724R107
PRGS	PROGRESS SOFTWARE CORP	305,970	$7.903M	0.7%	$23.71	+19.4%	COM	743312100
—	VERINT SYS INC	182,837	$7.889M	0.7%	$43.41	—	COM	92343X100
—	FIDELITY SOUTHERN CORP	371,626	$7.856M	0.7%	$15.19	—	COM	316394105
KEY	KEYCORP	594,798	$7.738M	0.7%	$6.75	+38.2%	COM	493267108
—	TREEHOUSE FOODS INC	97,579	$7.591M	0.6%	$79.23	—	COM	89469A104
TTEK	TETRA TECH INC NEW	307,612	$7.478M	0.6%	$5.24	-2.3%	COM	88162G103
—	RAYTHEON CO COM NEW	67,864	$7.415M	0.6%	$108.78	—	COM	755111507
PLXS	PLEXUS CORP	192,171	$7.414M	0.6%	$39.13	-1.9%	COM	729132100
MYRG	MYR GROUP INC	281,324	$7.371M	0.6%	$24.62	+16.9%	COM	55405W104
CPK	CHESAPEAKE UTILITIES CORP.	138,794	$7.367M	0.6%	$34.05	+22.9%	COM	165303108
—	PAREXEL INTL CORP	118,820	$7.357M	0.6%	$64.15	—	COM	699462107
—	RUTH'S HOSPITALITY GROUP, INC.	451,510	$7.333M	0.6%	$15.22	—	COM	783332109
ALGT	ALLEGIANT TRAVEL CO.	33,776	$7.304M	0.6%	$159.54	+16.0%	COM	01748X102
—	SYNERGY RESOURCES CORP	743,307	$7.284M	0.6%	$12.10	—	COM	87164P103
—	GENERAL ELEC CO	288,218	$7.269M	0.6%	$23.83	—	COM	369604103
—	PHARMERICA	253,812	$7.226M	0.6%	$29.70	—	COM	71714F104
AAPL	APPLE COMPUTER INC	65,445	$7.219M	0.6%	$18.98	+38.5%	COM	037833100
KRG	KITE RLTY GROUP TR	297,323	$7.079M	0.6%	$28.33	—	COM	49803T300
EQR	EQUITY RESIDENTIAL	94,135	$7.071M	0.6%	$45.31	-4.4%	COM	29476L107
SBRA	SABRA HEALTH CARE REIT	303,904	$7.044M	0.6%	$27.14	—	COM	78573L106
RDN	RADIAN GROUP INC	440,244	$7.004M	0.6%	$14.85	-0.6%	COM	750236101
—	DELEK US HOLDINGS INC.	250,295	$6.933M	0.6%	$29.24	—	COM	246647101
—	HARMAN INTL INDS INC	71,971	$6.908M	0.6%	$96.89	—	COM	413086109
NCLH	NORWEGIAN CRUISE LINE HOLDINGS LTD.	119,796	$6.864M	0.6%	$58.93	0.0%	SHS	G66721104
—	CARRIZO OIL & GAS	223,932	$6.839M	0.6%	$35.02	—	COM	144577103
NXPI	NXP SEMICONDUCTORS	77,613	$6.758M	0.6%	$70.88	+13.0%	COM	N6596X109
—	SINCLAIR BROADCAST GRP CL A	264,761	$6.704M	0.6%	$27.85	—	COM	829226109
—	HSN INC.	113,918	$6.521M	0.6%	$73.53	—	COM	404303109
SWK	STANLEY BLACK & DECKER	66,207	$6.421M	0.5%	$62.99	+25.1%	COM	854502101
KALU	KAISER ALUMINUM CORP	79,947	$6.416M	0.5%	$47.12	+27.1%	COM	483007704
ABBV	ABBVIE INC	117,332	$6.384M	0.5%	$35.96	+18.3%	COM	00287Y109
DUK	DUKE ENERGY CORP	88,463	$6.364M	0.5%	$46.45	+1.6%	COM	26441C204
—	BAKER HUGHES INC	120,670	$6.28M	0.5%	$60.89	—	COM	057224107
—	CYPRESS SEMICONDUCTOR	735,789	$6.269M	0.5%	$12.80	—	COM	232806109
—	MEREDITH CORP	146,930	$6.256M	0.5%	$51.20	—	COM	589433101
WNC	WABASH NATL CORP	590,792	$6.256M	0.5%	$10.82	-5.6%	COM	929566107
—	GOOGLE INC CL C	10,244	$6.233M	0.5%	$540.04	—	COM	38259P706
HFWA	HERITAGE FINANCIAL CORP	328,069	$6.174M	0.5%	$16.41	+10.2%	COM	42722X106
—	SOLERA HOLDINGS	113,889	$6.15M	0.5%	$51.82	—	COM	83421A104
STAG	STAG INDUSTRIAL	333,979	$6.082M	0.5%	$23.17	—	COM	85254J102
VLO	VALERO ENERGY CORP NEW	100,742	$6.055M	0.5%	$26.26	+60.6%	COM	91913Y100
SO	SOUTHERN CO	135,334	$6.049M	0.5%	$27.31	+3.7%	COM	842587107
C	CITIGROUP INC	121,310	$6.018M	0.5%	$35.76	+14.0%	COM	172967424
SSP	E.W. SCRIPPS	336,797	$5.951M	0.5%	$13.67	+6.7%	COM	811054402
—	LACLEDE GROUP INC	106,315	$5.797M	0.5%	$48.55	—	COM	505597104
—	BOSTON PRIVT FINL HLDG	495,305	$5.795M	0.5%	$13.32	—	COM	101119105
BKH	BLACK HILLS CORP	139,309	$5.759M	0.5%	$31.52	-10.6%	COM	092113109
—	INTERVAL LEISURE GROUP, INC	309,914	$5.69M	0.5%	$22.39	—	COM	46113M108
CAR	AVIS BUDGET GROUP	129,968	$5.677M	0.5%	$37.10	+11.1%	COM	053774105
—	DSW INC	224,303	$5.677M	0.5%	$36.08	—	COM	23334L102
—	MENTOR GRAPHICS CORP	226,270	$5.573M	0.5%	$25.84	—	COM	587200106
BAC	BANK OF AMERICA CORP	355,386	$5.537M	0.5%	$10.94	+22.9%	COM	060505104
PG	PROCTER & GAMBLE CO	76,965	$5.537M	0.5%	$55.00	+2.4%	COM	742718109
SKYW	SKYWEST INC	329,120	$5.49M	0.5%	$11.59	+38.4%	COM	830879102
—	ESTERLINE TECHNOLOGIES	75,998	$5.463M	0.5%	$84.11	—	COM	297425100
POR	PORTLAND GENERAL	147,541	$5.455M	0.5%	$21.81	+10.3%	COM	736508847
DIN	DINEEQUITY, INC.	58,594	$5.371M	0.5%	$59.22	+5.0%	COM	254423106
JNJ	JOHNSON & JOHNSON	57,410	$5.359M	0.5%	$59.66	+21.5%	COM	478160104
T	AT&T INC	162,748	$5.302M	0.4%	$12.08	+1.5%	COM	00206R102
HLF	HERBALIFE LTD	95,969	$5.23M	0.4%	$22.92	+19.5%	COM	G4412G101
HTBK	HERITAGE COMMERCE CORP	459,225	$5.208M	0.4%	$7.36	+46.0%	COM	426927109
COP	CONOCOPHILLIPS	107,678	$5.164M	0.4%	$43.01	-14.4%	COM	20825C104
VZ	VERIZON COMMUNICATIONS	116,702	$5.078M	0.4%	$27.04	-0.1%	COM	92343V104
TKR	TIMKEN CO	183,316	$5.039M	0.4%	$41.98	-24.0%	COM	887389104
—	LASALLE HOTEL PROPERTIES	176,501	$5.011M	0.4%	$32.16	—	COM	517942108
—	IMPAX LABORATORIES INC	139,566	$4.914M	0.4%	$34.27	—	COM	45256B101
HIG	HARTFORD FINL SVCS	105,247	$4.818M	0.4%	$22.20	+66.6%	COM	416515104
PFF	ISHARES S&P U.S. PREFERRED STOCK INDEX F	124,218	$4.795M	0.4%	$39.12	—	NOTE	464288687
PKOH	PARK-OHIO HOLDINGS CORP	165,875	$4.787M	0.4%	$34.67	-5.4%	COM	700666100
—	CAPITAL BANK FINANCIAL CORP	158,087	$4.779M	0.4%	$25.67	—	COM	139794101
—	IBERIABANK CORP	82,005	$4.774M	0.4%	$56.72	—	COM	450828108
—	ALLERGAN INC	17,362	$4.714M	0.4%	$303.62	—	SHS	G0177J108
—	CIGNA CORP	34,699	$4.685M	0.4%	$72.63	—	COM	125509109
—	MARATHON OIL CORP	303,948	$4.681M	0.4%	$33.05	—	COM	565849106
MRK	MERCK & CO INC	93,778	$4.632M	0.4%	$32.58	+17.9%	COM	58933Y105
VYX	NCR CORP NEW	201,642	$4.587M	0.4%	$20.09	-17.1%	COM	62886E108
PBH	PRESTIGE BRANDS HOLDINGS, INC.	101,521	$4.585M	0.4%	$38.73	+22.0%	COM	74112D101
OMC	OMNICOM GROUP INC	69,372	$4.572M	0.4%	$49.25	0.0%	COM	681919106
SWKS	SKYWORKS SOLUTIONS INC	54,226	$4.566M	0.4%	$27.01	+173.8%	COM	83088M102
—	NOBLE ENRGY INC	151,034	$4.558M	0.4%	$54.95	—	COM	655044105
—	NORTHSTAR ASSET MANAGEMENT GROUP	316,742	$4.548M	0.4%	$22.69	—	COM	66705y104
MTRN	MATERION CORP	151,148	$4.537M	0.4%	$35.49	-10.1%	COM	576690101
—	BAXALTA INC	143,218	$4.513M	0.4%	$31.51	—	COM	07177M103
GS	GOLDMAN SACHS GROUP	25,832	$4.489M	0.4%	$120.06	+32.3%	COM	38141G104
—	NATL PENN BANCSHARES	380,017	$4.465M	0.4%	$10.41	—	COM	637138108
IDA	IDACORP INC	68,597	$4.439M	0.4%	$54.25	+11.1%	COM	451107106
—	EXPRESS, INC.	244,641	$4.372M	0.4%	$18.09	—	COM	30219E103
ARAY	ACCURAY INC	857,880	$4.285M	0.4%	$6.22	+3.2%	COM	004397105
—	PACIFIC PREMIER BANCORP	209,879	$4.265M	0.4%	$20.32	—	COM	69478X105
CCK	CROWN HOLDINGS INC	92,223	$4.219M	0.4%	$41.56	+15.7%	COM	228368106
SCHX	SCHWAB LARGE CAP ETF	92,065	$4.213M	0.4%	$41.85	—	COM	808524201
GILD	GILEAD SCIENCES INC	42,643	$4.187M	0.4%	$54.22	+42.9%	COM	375558103
NNI	NELNET INC CL A	120,064	$4.155M	0.4%	$38.86	+1.4%	COM	64031N108
—	VEREIT INC	534,558	$4.127M	0.3%	$7.72	—	COM	92339V100
CSCO	CISCO SYS INC	155,902	$4.092M	0.3%	$20.10	-2.6%	COM	17275R102
CVX	CHEVRON CORP NEW	51,410	$4.055M	0.3%	$77.70	-30.7%	COM	166764100
—	SUNTRUST BKS INC	105,572	$4.037M	0.3%	$41.09	—	COM	867914103
UNF	UNIFIRST CORP MASS	37,694	$4.026M	0.3%	$93.42	+13.7%	COM	904708104
HCA	HCA INC	51,455	$3.981M	0.3%	$61.43	+34.0%	COM	40412C101
MAT	MATTEL INC	188,432	$3.968M	0.3%	$26.33	-11.1%	COM	577081102
—	ASHLAND INC	38,704	$3.894M	0.3%	$94.33	—	COM	044209104
KAI	KADANT INC	99,028	$3.863M	0.3%	$32.18	+25.2%	COM	48282T104
MCK	MCKESSON CORP	20,530	$3.799M	0.3%	$195.59	0.0%	COM	58155Q103
—	ACE LTD ORD	36,464	$3.77M	0.3%	$89.48	—	COM	H0023R105
—	ARRIS GROUP INC	143,081	$3.716M	0.3%	$30.28	—	COM	04270V106
—	SOUTH JERSEY INDS INC	146,433	$3.697M	0.3%	$39.00	—	COM	838518108
—	AMERICAN EQTY INVT LFE	156,505	$3.648M	0.3%	$20.39	—	COM	025676206
ETN	EATON CORP	70,405	$3.612M	0.3%	$47.98	-3.1%	COM	G29183103
MDT	MEDTRONIC PLC	53,947	$3.611M	0.3%	$58.10	-1.9%	SHS	G5960L103
ATO	ATMOS ENERGY CORP	61,421	$3.573M	0.3%	$42.34	+1.3%	COM	049560105
PVH	PHILLIPS VAN HEUSEN CP	34,458	$3.513M	0.3%	$121.46	-7.9%	COM	693656100
—	M D C HLDGS INC	131,068	$3.431M	0.3%	$26.18	—	COM	552676108
—	NATIONAL CINEMEDIA	253,441	$3.401M	0.3%	$15.61	—	COM	635309107
—	PROGENICS PHARMA INC	589,919	$3.374M	0.3%	$5.19	—	COM	743187106
SIMO	SILICON MOTION TECHNOLOGY CORP	119,720	$3.27M	0.3%	$26.88	—	COM	82706C108
—	CEB INC	47,734	$3.262M	0.3%	$68.34	—	COM	125134106
—	PROGRESSIVE WASTE SOLUTIONS LTD	121,170	$3.201M	0.3%	$26.42	—	COM	74339G101
MEI	METHODE ELECTRS INC	97,109	$3.098M	0.3%	$22.85	+0.1%	COM	591520200
—	TIME INC	158,054	$3.011M	0.3%	$22.21	—	COM	887228104
—	EMPIRE DIST ELEC CO	124,561	$2.744M	0.2%	$23.08	—	COM	291641108
SPG	SIMON PROPERTY GROUP	14,883	$2.734M	0.2%	$88.67	+22.7%	COM	828806109
FMC	F M C CORP COM NEW	77,178	$2.617M	0.2%	$30.56	0.0%	COM	302491303
—	BONANZA CREEK ENERGY, INC.	586,551	$2.387M	0.2%	$4.07	—	COM	097793103
NSC	NORFOLK SOUTHERN CORP	29,978	$2.29M	0.2%	$65.12	0.0%	COM	655844108
—	TE CONNECTIVITY LTD	35,227	$2.11M	0.2%	$63.24	—	REG SHS	H84989104
AVB	AVALONBAY COMMUNITIES	11,790	$2.061M	0.2%	$88.28	+35.4%	COM	053484101
—	RITE AID CORP	337,969	$2.051M	0.2%	$7.59	—	COM	767754104
—	WHITING PETEROLEUM CORP NEW	132,023	$2.016M	0.2%	$33.60	—	COM	966387102
CBT	CABOT CORP	61,355	$1.936M	0.2%	$35.22	-23.6%	COM	127055101
UAL	UNITED CONTINENTAL HOLDINGS, INC.	36,299	$1.926M	0.2%	$35.99	+56.7%	COM	910047109
—	WESTROCK CO	36,796	$1.893M	0.2%	$51.45	—	COM	96145D105
—	NOBLE CORPORATION	156,220	$1.704M	0.1%	$10.91	—	SHS USD	G65431101
DIS	WALT DISNEY CO	16,505	$1.687M	0.1%	$57.92	+72.2%	COM	254687106
EXR	EXTRA SPACE STORAGE	21,299	$1.643M	0.1%	$28.32	+75.8%	COM	30225T102
—	SEAGATE TECHNOLOGY	34,328	$1.538M	0.1%	$57.28	—	SHS	G7945M107
—	GUGGENHEIM SPIN-OFF	39,899	$1.521M	0.1%	$41.48	—	COM	18383M605
PEP	PEPSICO INC	16,052	$1.514M	0.1%	$56.65	+22.7%	COM	713448108
BXP	BOSTON PROPERTIES INC	12,300	$1.456M	0.1%	$64.24	+22.0%	COM	101121101
NWL	NEWELL RUBBERMAID INC	31,795	$1.263M	0.1%	$16.79	+65.6%	COM	651229106
IFGL	ISHARES INTERNATIONAL DEVELOPED REAL EST	33,925	$950K	0.1%	$29.46	—	COM	464288489
IYR	ISHARES TR DJ US REAL EST	12,420	$881K	0.1%	$66.56	—	COM	464287739
DOV	DOVER CORP	14,861	$850K	0.1%	$43.26	-2.4%	COM	260003108
VTR	VENTAS INC	14,820	$831K	0.1%	$47.99	-13.4%	COM	92276F100
WFC	WELLS FARGO & CO	15,791	$811K	0.1%	$33.04	+24.3%	COM	949746101
ELS	EQUITY LIFESTYLE PPTYS	12,740	$746K	0.1%	$59.67	—	COM	29472R108
—	GENERAL GROWTH PPTYS	26,359	$685K	0.1%	$20.54	—	COM	370023103
BMRC	BANK OF MARIN BANCORP	12,601	$605K	0.1%	$18.16	-2.7%	COM	063425102
SCHH	SCHWAB US REIT ETF	15,892	$591K	0.0%	$34.65	—	COM	808524847
MSFT	MICROSOFT CORP	12,153	$538K	0.0%	$37.42	+4.0%	COM	594918104
—	COCA COLA ENTERPRISES INC NEW	10,042	$486K	0.0%	$42.43	—	COM	19122T109
ABT	ABBOTT LABS	11,537	$464K	0.0%	$29.11	+33.3%	COM	002824100
INTC	INTEL CORP	13,957	$421K	0.0%	$18.07	+25.2%	COM	458140100
—	E M C CORP MASS	16,752	$405K	0.0%	$23.62	—	COM	268648102
—	EMMIS COMMUNICTNS CORP CL A	295,312	$366K	0.0%	$1.24	—	COM	291525103
KIM	KIMCO REALTY CORP	14,206	$347K	0.0%	$12.68	+14.3%	COM	49446R109
—	POLYONE CORP	10,671	$313K	0.0%	$25.00	—	COM	73179P106
EPD	ENTERPRISE PRODUCTS PARTNERS	12,506	$311K	0.0%	$49.55	—	COM	293792107
CLDT	CHATHAM LODGING TRUST	13,619	$293K	0.0%	$29.11	—	COM	16208T102
ABM	ABM INDS INC	10,563	$288K	0.0%	$17.78	+44.2%	COM	000957100
—	FIRST SECURITY GROUP INC.	70,761	$176K	0.0%	$2.44	—	COM	336312202
—	CHEMBIO DIAGNOSTICS	21,200	$85,000	0.0%	$4.91	—	COM	163572209