Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CORESITE REALTY CORP	256,631	$22.76M	1.7%	$40.01	—	COM	21870Q105
VYX	NCR CORP NEW	761,275	$21.14M	1.5%	$16.14	+12.1%	COM	62886E108
SUI	SUN COMMUNITIES INC	243,209	$18.64M	1.4%	$58.36	—	COM	866674104
PEN	PENUMBRA INC	307,774	$18.31M	1.3%	$46.73	+15.3%	COM	70975L107
FR	FIRST INDUSTRIAL RLTY	631,725	$17.57M	1.3%	$18.48	—	COM	32054K103
CNO	CNO FINANCIAL INC	1,001,845	$17.49M	1.3%	$11.45	+32.9%	COM	12621E103
CW	CURTISS WRIGHT CORP	192,245	$16.2M	1.2%	$64.33	+19.5%	COM	231561101
XOM	EXXON MOBIL CORP	156,790	$14.7M	1.1%	$53.54	+8.0%	COM	30231G102
SXT	SENSIENT TECH CORP	198,947	$14.13M	1.0%	$49.49	+36.9%	COM	81725T100
—	YADKIN FINL CORP	544,156	$13.65M	1.0%	$23.76	—	COM	984305102
DLX	DELUXE CORP	202,632	$13.45M	1.0%	$38.49	+10.9%	COM	248019101
UCB	UNITED CMNTY BKS BLAIRSVLE G	701,302	$12.83M	0.9%	$15.79	+22.4%	COM	90984P303
AKR	ACADIA REALTY TRUST	355,495	$12.63M	0.9%	$27.94	—	COM	004239109
TTEK	TETRA TECH INC NEW	407,072	$12.52M	0.9%	$5.30	+12.7%	COM	88162G103
—	CARRIZO OIL & GAS	348,611	$12.5M	0.9%	$33.79	—	COM	144577103
PEB	PEBBLEBROOK HOTEL	466,475	$12.24M	0.9%	$31.77	—	COM	70509V100
BKH	BLACK HILLS CORP	189,947	$11.97M	0.9%	$31.93	+32.9%	COM	092113109
SKYW	SKYWEST INC	439,030	$11.62M	0.8%	$13.44	+70.0%	COM	830879102
—	SINCLAIR BROADCAST GROUP INC	388,149	$11.59M	0.8%	$29.31	—	CL A	829226109
JPM	JPMORGAN CHASE & CO	182,555	$11.34M	0.8%	$41.05	+17.7%	COM	46625H100
ARE	ALEXANDRIA REAL ESTATE	109,232	$11.31M	0.8%	$54.08	+25.4%	COM	015271109
CVS	CVS HEALTH CORP	117,435	$11.24M	0.8%	$41.44	+79.8%	COM	126650100
BANR	BANNER CORP	263,958	$11.23M	0.8%	$26.06	+16.1%	COM	06652V208
—	ACETO CORP	505,259	$11.06M	0.8%	$18.38	—	COM	004446100
SBRA	SABRA HEALTH CARE REIT	535,305	$11.05M	0.8%	$24.18	—	COM	78573L106
—	CENTERSTATE BANKS INC	692,594	$10.91M	0.8%	$14.94	—	COM	15201P109
RRC	RANGE RES CORP	250,185	$10.79M	0.8%	$28.59	+43.2%	COM	75281A109
SAIC	SCIENCE APPLICATNS INTL CP N	181,136	$10.57M	0.8%	$46.16	+17.8%	COM	808625107
—	CYPRESS SEMICONDUCTOR	999,030	$10.54M	0.8%	$12.03	—	COM	232806109
REXR	REXFORD INDUSTRIAL REALTY	491,704	$10.37M	0.8%	$17.48	—	COM	76169C100
—	TREEHOUSE FOODS INC	99,865	$10.25M	0.7%	$79.41	—	COM	89469A104
WTFC	WINTRUST FINL CORP	200,307	$10.22M	0.7%	$43.27	+15.6%	COM	97650W108
—	PDC ENERGY	175,345	$10.1M	0.7%	$51.45	—	COM	69327R101
CPK	CHESAPEAKE UTILITIES CORP.	152,631	$10.1M	0.7%	$35.72	+40.6%	COM	165303108
ROCK	GIBRALTAR INDS INC	318,366	$10.05M	0.7%	$24.26	+18.7%	COM	374689107
—	HUDSON PACIFIC PROPERTIES, INC.	338,561	$9.879M	0.7%	$25.04	—	COM	444097109
TCBK	TRICO BANCSHARES	354,900	$9.795M	0.7%	$24.72	+9.1%	COM	896095106
—	PACIFIC PREMIER BANCORP	407,409	$9.778M	0.7%	$20.96	—	COM	69478X105
BLD	TOPBUILD CORP	269,480	$9.755M	0.7%	$33.79	0.0%	COM	89055F103
CBZ	CBIZ INC	932,599	$9.708M	0.7%	$9.06	+13.7%	COM	124805102
NSA	NATIONAL STORAGE AFFILIATES	459,246	$9.562M	0.7%	$18.75	—	COM SHS BEN IN	637870106
—	STATE BANK & TRUST	466,766	$9.503M	0.7%	$17.24	—	COM	856190103
—	EDUCATION RLTY TR INC	203,128	$9.372M	0.7%	$46.14	—	COM	28140H203
PRGS	PROGRESS SOFTWARE CORP	336,347	$9.236M	0.7%	$23.84	+7.8%	COM	743312100
PLXS	PLEXUS CORP	211,248	$9.126M	0.7%	$39.19	+7.5%	COM	729132100
KRG	KITE RLTY GROUP TR	324,465	$9.095M	0.7%	$28.16	—	COM	49803T300
—	HEARTLAND FINL USA INC	253,646	$8.951M	0.7%	$35.29	—	COM	42234Q102
—	BNC BANCORP	392,706	$8.918M	0.7%	$21.00	—	COM	05566T101
REI	RING ENERGY, INC.	1,008,990	$8.899M	0.6%	$7.48	0.0%	COM	76680V108
—	IBERIABANK CORP	148,292	$8.857M	0.6%	$57.94	—	COM	450828108
—	GENERAL ELEC CO	280,355	$8.826M	0.6%	$23.83	—	COM	369604103
—	HERITAGE OAKS BANCORP	1,091,151	$8.664M	0.6%	$7.91	—	COM	42724R107
PFE	PFIZER INC	245,768	$8.653M	0.6%	$17.48	+20.4%	COM	717081103
—	ALERE, INC	205,395	$8.561M	0.6%	$47.76	—	COM	01449J105
—	MEREDITH CORP	161,651	$8.391M	0.6%	$50.71	—	COM	589433101
SR	SPIRE, INC	117,107	$8.296M	0.6%	$70.84	—	COM	84857L101
TXNM	PNM RES INC	233,748	$8.284M	0.6%	$32.04	+2.6%	COM	69349H107
WNC	WABASH NATL CORP	650,712	$8.264M	0.6%	$9.80	+14.1%	COM	929566107
—	CALLON PETE CO DEL	734,985	$8.254M	0.6%	$8.99	—	COM	13123X102
—	PAREXEL INTL CORP	130,786	$8.224M	0.6%	$64.34	—	COM	699462107
—	SYNOVUS FINL CORP	283,329	$8.214M	0.6%	$25.79	—	COM	87161C501
ASTE	ASTEC INDS INC	144,519	$8.115M	0.6%	$35.48	+29.1%	COM	046224101
AIG	AMERICAN INTL GROUP	151,416	$8.005M	0.6%	$33.80	+28.1%	COM	026874784
—	RUTH'S HOSPITALITY GROUP, INC.	496,360	$7.917M	0.6%	$15.31	—	COM	783332109
AMP	AMERIPRISE FINL INC	88,017	$7.908M	0.6%	$94.40	-16.1%	COM	03076C106
KALU	KAISER ALUMINUM CORP	87,368	$7.899M	0.6%	$48.94	+30.5%	COM	483007704
—	PENNEY J C INC	868,471	$7.712M	0.6%	$9.37	—	COM	708160106
—	ENTERCOM COMMUNICATIONS CORP	567,230	$7.697M	0.6%	$11.18	—	CL A	293639100
—	GREAT PLAINS ENERGY	251,207	$7.637M	0.6%	$30.40	—	COM	391164100
MYRG	MYR GROUP INC	309,644	$7.456M	0.5%	$24.40	-0.2%	COM	55405W104
DUK	DUKE ENERGY CORP	86,337	$7.407M	0.5%	$46.45	+15.9%	COM	26441C204
C	CITIGROUP INC	173,419	$7.351M	0.5%	$34.33	-3.6%	COM	172967424
SO	SOUTHERN CO	136,667	$7.329M	0.5%	$27.42	+22.6%	COM	842587107
POR	PORTLAND GENERAL	162,330	$7.162M	0.5%	$22.46	+27.1%	COM	736508847
SWK	STANLEY BLACK & DECKER	64,115	$7.131M	0.5%	$62.99	+37.4%	COM	854502101
RDN	RADIAN GROUP INC	678,451	$7.069M	0.5%	$13.03	-25.3%	COM	750236101
HFWA	HERITAGE FINANCIAL CORP	401,386	$7.056M	0.5%	$16.87	+4.9%	COM	42722X106
BAC	BANK OF AMERICA CORP	526,826	$6.991M	0.5%	$10.91	+3.9%	COM	060505104
MET	METLIFE INC	175,141	$6.976M	0.5%	$25.77	+9.2%	COM	59156R108
KMI	KINDER MORGAN INC KANS	369,713	$6.921M	0.5%	$9.95	+9.7%	COM	49456B101
—	PHARMERICA	279,348	$6.889M	0.5%	$29.75	—	COM	71714F104
T	AT&T INC	158,105	$6.832M	0.5%	$12.08	+25.1%	COM	00206R102
JNJ	JOHNSON & JOHNSON	56,084	$6.803M	0.5%	$59.66	+45.9%	COM	478160104
BOKF	BOK FINL CORP COM NEW	108,481	$6.802M	0.5%	$49.27	-5.4%	COM	05561Q201
—	NATIONAL CINEMEDIA	434,609	$6.728M	0.5%	$15.64	—	COM	635309107
—	VERINT SYS INC	200,907	$6.656M	0.5%	$42.61	—	COM	92343X100
GOOG	ALPHABET INC CL C	9,577	$6.628M	0.5%	$35.61	+0.1%	COM	02079K107
CVX	CHEVRON CORP NEW	61,840	$6.483M	0.5%	$73.85	-9.6%	COM	166764100
—	FIDELITY SOUTHERN CORP	409,027	$6.409M	0.5%	$15.70	—	COM	316394105
SIMO	SILICON MOTION TECHNOLOGY CO	133,797	$6.395M	0.5%	$28.69	—	SPONSORED ADR	82706C108
PG	PROCTER & GAMBLE CO	74,962	$6.347M	0.5%	$55.00	+15.1%	COM	742718109
—	NOBLE ENRGY INC	176,787	$6.341M	0.5%	$51.08	—	COM	655044105
COP	CONOCOPHILLIPS	145,103	$6.326M	0.5%	$39.94	-17.9%	COM	20825C104
VZ	VERIZON COMMUNICATIONS	112,963	$6.308M	0.5%	$27.04	+16.4%	COM	92343V104
—	PARK STERLING BANK	880,564	$6.243M	0.5%	$7.09	—	COM	70086Y105
TKR	TIMKEN CO	201,555	$6.18M	0.5%	$40.68	-17.5%	COM	887389104
AAPL	APPLE COMPUTER INC	64,235	$6.141M	0.4%	$18.98	+19.1%	COM	037833100
IDA	IDACORP INC	75,406	$6.134M	0.4%	$56.30	+31.0%	COM	451107106
—	QTS REALTY TRUST INC	109,282	$6.118M	0.4%	$45.72	—	COM	74736A103
—	VERIFONE	327,920	$6.08M	0.4%	$24.67	—	COM	92342Y109
NXPI	NXP SEMICONDUCTORS N V	76,487	$5.992M	0.4%	$69.09	+10.3%	COM	N6596X109
ABBV	ABBVIE INC	96,692	$5.986M	0.4%	$35.96	+13.9%	COM	00287Y109
SSP	E.W. SCRIPPS	370,707	$5.872M	0.4%	$13.68	-12.5%	COM	811054402
MAT	MATTEL INC	180,092	$5.635M	0.4%	$26.29	+20.7%	COM	577081102
ALGT	ALLEGIANT TRAVEL CO.	37,157	$5.629M	0.4%	$158.97	-13.0%	COM	01748X102
SCHX	SCHWAB LARGE CAP ETF	112,561	$5.602M	0.4%	$43.19	—	COM	808524201
KAI	KADANT INC	107,870	$5.556M	0.4%	$33.28	+34.8%	COM	48282T104
SRG	SERITAGE GROWTH PROPERTIES	110,569	$5.511M	0.4%	$46.75	0.0%	COM	81752R100
NCLH	NORWEGIAN CRUISE LINE HLDGS	134,115	$5.343M	0.4%	$57.57	-17.2%	SHS	G66721104
—	NORTEK, INC.	89,740	$5.322M	0.4%	$49.74	—	COM	656559309
HTBK	HERITAGE COMMERCE CORP	504,683	$5.314M	0.4%	$7.79	+34.0%	COM	426927109
—	MENTOR GRAPHICS CORP	249,383	$5.302M	0.4%	$25.05	—	COM	587200106
FRCB	FIRST REP BK SAN	75,318	$5.272M	0.4%	$35.36	+86.8%	COM	33616C100
AJG	GALLAGHER ARTHUR J &CO	109,648	$5.219M	0.4%	$33.74	+17.2%	COM	363576109
COLM	COLUMBIA SPORTSWEAR CO	90,690	$5.218M	0.4%	$36.90	+38.1%	COM	198516106
GS	GOLDMAN SACHS GROUP	34,993	$5.199M	0.4%	$121.79	+5.0%	COM	38141G104
—	ALLERGAN INC	22,495	$5.198M	0.4%	$305.68	—	SHS	G0177J108
ABM	ABM INDS INC	142,338	$5.192M	0.4%	$27.82	0.0%	COM	000957100
PFF	ISHARES TR	129,639	$5.171M	0.4%	$39.18	—	U.S. PFD STK ETF	464288687
—	ESTERLINE TECHNOLOGIES	83,151	$5.159M	0.4%	$82.58	—	COM	297425100
MRK	MERCK & CO INC	89,392	$5.15M	0.4%	$32.58	+21.2%	COM	58933Y105
—	SOUTH JERSEY INDS INC	161,082	$5.093M	0.4%	$37.51	—	COM	838518108
CAG	CONAGRA FOODS INC	105,418	$5.04M	0.4%	$23.17	+9.4%	COM	205887102
—	SCRIPPS NETWORKS INTERACT IN	80,891	$5.037M	0.4%	$55.37	—	CL A COM	811065101
—	CAPITAL BANK FINANCIAL CORP	173,696	$5.002M	0.4%	$26.27	—	COM	139794101
—	HARMAN INTL INDS INC	69,567	$4.996M	0.4%	$96.89	—	COM	413086109
—	VEREIT INC	488,165	$4.95M	0.4%	$7.72	—	COM	92339V100
—	ASHLAND INC	42,322	$4.857M	0.4%	$96.11	—	COM	044209104
ATO	ATMOS ENERGY CORP	59,356	$4.827M	0.4%	$42.34	+39.4%	COM	049560105
SIGI	SELECTIVE INS GROUP	126,296	$4.826M	0.4%	$28.76	+8.6%	COM	816300107
BRO	BROWN & BROWN INC	128,142	$4.801M	0.4%	$14.82	+10.3%	COM	115236101
PLD	PROLOGIS	97,025	$4.758M	0.3%	$31.42	+13.6%	COM	74340W103
—	HD SUPPLY HOLDINGS INC	135,054	$4.703M	0.3%	$33.07	—	COM	40416M105
—	SHIRE PLC	25,542	$4.702M	0.3%	$184.09	—	COM	82481R106
VLO	VALERO ENERGY CORP NEW	92,034	$4.694M	0.3%	$26.26	+46.5%	COM	91913Y100
CB	CHUBB LTD	35,237	$4.606M	0.3%	$96.06	+7.8%	COM	H1467J104
DKS	DICKS SPORTING GOODS	102,015	$4.597M	0.3%	$31.07	+7.1%	COM	253393102
—	FERRO CORP	339,026	$4.536M	0.3%	$13.38	—	COM	315405100
FMC	F M C CORP COM NEW	97,877	$4.533M	0.3%	$29.60	+5.8%	COM	302491303
CCK	CROWN HOLDINGS INC	89,254	$4.522M	0.3%	$41.56	+19.5%	COM	228368106
EME	EMCOR GROUP INC	90,630	$4.464M	0.3%	$45.99	-0.3%	COM	29084Q100
—	KAPSTONE PAPER & PACKAGING C	340,503	$4.43M	0.3%	$13.80	—	COM	48562P103
—	BANKFINANCIAL CORP	366,603	$4.396M	0.3%	$11.99	—	COM	06643P104
—	BRYN MAWR BK CORP	150,469	$4.394M	0.3%	$29.20	—	COM	117665109
TOWN	TOWNE BANK	201,710	$4.367M	0.3%	$20.95	0.0%	COM	89214P109
—	RAYTHEON CO COM NEW	31,820	$4.326M	0.3%	$108.78	—	COM NEW	755111507
—	CIGNA CORP	33,454	$4.282M	0.3%	$72.63	—	COM	125509109
—	INTEGRATED DEVICE TECH	212,658	$4.281M	0.3%	$20.13	—	COM	458118106
—	INTERSIL CORP	313,934	$4.251M	0.3%	$13.38	—	CL A	46069S109
—	DEAN FOODS CO NEW	234,397	$4.24M	0.3%	$17.27	—	COM	242370203
—	ON ASSIGNMENT INC	114,613	$4.235M	0.3%	$36.95	—	COM	682159108
—	SUNTRUST BKS INC	102,004	$4.19M	0.3%	$41.09	—	COM	867914103
MTRN	MATERION CORP	166,367	$4.119M	0.3%	$34.54	-25.7%	COM	576690101
—	VASCO DATA SEC INTL INC	250,403	$4.104M	0.3%	$16.39	—	COM	92230Y104
PLAB	PHOTRONICS INC	458,091	$4.082M	0.3%	$10.70	-7.2%	COM	719405102
NSC	NORFOLK SOUTHERN CORP	47,463	$4.041M	0.3%	$66.68	+4.6%	COM	655844108
SNX	SYNNEX CORP	42,541	$4.034M	0.3%	$26.57	+47.8%	COM	87162W100
AMG	AFFILIATED MNGRS GRP	28,608	$4.027M	0.3%	$159.28	-0.5%	COM	008252108
ETN	EATON CORP	66,932	$3.998M	0.3%	$47.98	+3.7%	SHS	G29183103
BFH	ALLIANCE DATA SYS CORP	20,368	$3.99M	0.3%	$150.81	-4.7%	COM	018581108
—	ENDURANCE SPECIALTY HLDGS LT	59,328	$3.984M	0.3%	$62.62	—	SHS	G30397106
—	EXPRESS, INC.	269,261	$3.907M	0.3%	$17.82	—	COM	30219E103
RHI	ROBERT HALF INTL INC	102,320	$3.905M	0.3%	$40.87	0.0%	COM	770323103
—	SKECHERS U S A INC	128,020	$3.805M	0.3%	$30.25	—	CL A	830566105
HCA	HCA INC	49,347	$3.8M	0.3%	$62.08	+18.2%	COM	40412C101
SWKS	SKYWORKS SOLUTIONS INC	59,595	$3.771M	0.3%	$41.02	+35.4%	COM	83088M102
CCEP	COCA COLA EUROPEAN PARTNERS	103,829	$3.706M	0.3%	$28.83	0.0%	SHS	G25839104
—	MALLINCKRODT PLC	60,727	$3.691M	0.3%	$74.63	—	SHS	G5785G107
—	WEB.COM GROUP INC	195,370	$3.552M	0.3%	$19.72	—	COM	94733A104
—	NORTHSTAR ASSET MGMT GROUP I	345,324	$3.526M	0.3%	$10.21	—	COM	66705Y104
EQR	EQUITY RESIDENTIAL	49,840	$3.433M	0.3%	$45.31	+2.3%	COM	29476L107
—	TE CONNECTIVITY LTD	59,111	$3.376M	0.2%	$62.69	—	REG SHS	H84989104
SIG	SIGNET JEWELERS LTD	40,967	$3.376M	0.2%	$83.53	0.0%	SHS	G81276100
—	BAKER HUGHES INC	73,525	$3.318M	0.2%	$54.37	—	COM	057224107
—	CIT GROUP INC	101,121	$3.227M	0.2%	$31.91	—	COM	125581801
SPG	SIMON PROPERTY GROUP	14,454	$3.135M	0.2%	$88.67	+40.0%	COM	828806109
APAM	ARTISAN PARTNERS ASSET MGMT	111,476	$3.086M	0.2%	$13.93	-9.3%	CL A	04316A108
WSM	WILLIAMS SONOMA INC	54,067	$2.819M	0.2%	$21.78	0.0%	COM	969904101
—	HERTZ GLOBAL HOLDINGS, INC.	252,007	$2.79M	0.2%	$11.07	—	COM	42806J106
—	PROGENICS PHARMA INC	649,295	$2.74M	0.2%	$5.19	—	COM	743187106
CBT	CABOT CORP	59,288	$2.707M	0.2%	$35.22	+4.5%	COM	127055101
HLF	HERBALIFE LTD	36,896	$2.16M	0.2%	$22.92	+30.6%	COM	G4412G101
—	CITRIX SYS INC	26,573	$2.128M	0.2%	$75.62	—	COM	177376100
AVB	AVALONBAY COMMUNITIES	11,496	$2.074M	0.2%	$88.28	+47.1%	COM	053484101
—	NOBLE CORP PLC	249,337	$2.055M	0.1%	$8.24	—	SHS	G65431101
UAL	UNITED CONTL HLDS INC.	49,666	$2.038M	0.1%	$41.00	+15.4%	COM	910047109
BXP	BOSTON PROPERTIES INC	14,236	$1.878M	0.1%	$66.47	+29.9%	COM	101121101
PEP	PEPSICO INC	16,042	$1.699M	0.1%	$56.90	+35.5%	COM	713448108
EXR	EXTRA SPACE STORAGE	17,564	$1.625M	0.1%	$28.32	+121.6%	COM	30225T102
DIS	WALT DISNEY CO	15,832	$1.549M	0.1%	$88.98	+3.6%	COM	254687106
—	WESTROCK CO	35,587	$1.383M	0.1%	$39.04	—	COM	96145D105
GOOGL	ALPHABET INC CL A	1,944	$1.368M	0.1%	$36.72	-0.8%	COM	02079K305
—	GUGGENHEIM SPIN-OFF	33,881	$1.336M	0.1%	$41.48	—	COM	18383M605
SCHH	SCHWAB US REIT ETF	26,284	$1.142M	0.1%	$37.20	—	COM	808524847
PSA	PUBLIC STORAGE INC	4,180	$1.068M	0.1%	$156.77	+11.1%	COM	74460D109
DOV	DOVER CORP	14,997	$1.04M	0.1%	$43.52	+5.3%	COM	260003108
NWL	NEWELL RUBBERMAID INC	20,351	$988K	0.1%	$22.79	+37.6%	COM	651229106
SPY	SPDR S&P D500 ETF TR	4,579	$959K	0.1%	$203.97	—	TR UNIT	78462F103
ELS	EQUITY LIFESTYLE PPTYS	11,940	$956K	0.1%	$59.67	—	COM	29472R108
KRC	KILROY REALTY CORP	13,896	$921K	0.1%	$57.63	—	COM	49427F108
ESS	ESSEX PROPERTY TRUST	4,019	$917K	0.1%	$164.61	-1.5%	COM	297178105
VTR	VENTAS INC	12,511	$911K	0.1%	$47.99	-9.5%	COM	92276F100
IYR	ISHARES TR	10,599	$873K	0.1%	$66.56	—	U.S. REAL ES ETF	464287739
MSFT	MICROSOFT CORP	16,808	$860K	0.1%	$39.78	+15.6%	COM	594918104
INTC	INTEL CORP	25,711	$843K	0.1%	$21.41	+17.3%	COM	458140100
—	SL GREEN REALTY	7,789	$829K	0.1%	$112.98	—	COM	78440X101
IFGL	ISHARES TR	27,625	$806K	0.1%	$29.46	—	INTL DEV RE ETF	464288489
VNO	VORNADO REALTY TRUST	7,999	$801K	0.1%	$94.47	—	COM	929042109
WFC	WELLS FARGO & CO	16,451	$779K	0.1%	$37.11	+0.3%	COM	949746101
WELL	WELLTOWER INC	9,525	$726K	0.1%	$44.40	+11.5%	COM	95040Q104
AMGN	AMGEN INC	4,503	$685K	0.0%	$116.50	+0.2%	COM	031162100
BMRC	BANK OF MARIN BANCORP	12,601	$610K	0.0%	$18.16	+0.3%	COM	063425102
GILD	GILEAD SCIENCES INC	7,052	$588K	0.0%	$54.22	+15.8%	COM	375558103
CL	COLGATE PALMOLIVE CO	7,780	$569K	0.0%	$52.56	+8.3%	COM	194162103
WMT	WAL MART STORES INC	7,756	$566K	0.0%	$18.31	+6.6%	COM	931142103
REG	REGENCY CTRS CORP	6,730	$564K	0.0%	$45.16	+17.2%	COM	758849103
STAG	STAG INDUSTRIAL	22,499	$536K	0.0%	$22.86	—	COM	85254J102
IWN	ISHARES TR	5,465	$532K	0.0%	$95.01	—	RUS 2000 VAL ETF	464287630
—	E M C CORP MASS	16,752	$455K	0.0%	$23.62	—	COM	268648102
ABT	ABBOTT LABS	11,537	$454K	0.0%	$29.11	+14.6%	COM	002824100
KIM	KIMCO REALTY CORP	14,124	$443K	0.0%	$12.68	+41.0%	COM	49446R109
CPT	CAMDEN PROPERTY TRUST	4,960	$439K	0.0%	$51.23	+11.5%	COM	133131102
CSCO	CISCO SYS INC	13,947	$400K	0.0%	$20.10	+3.8%	COM	17275R102
SLB	SCHLUMBERGER LTD	4,832	$382K	0.0%	$56.10	+3.8%	COM	806857108
MAC	MACERICH CO	4,157	$355K	0.0%	$80.59	—	COM	554382101
—	DOW CHEM CO	6,815	$339K	0.0%	$51.45	—	COM	260543103
—	FEDERAL REALTY INVT TR	1,955	$324K	0.0%	$146.29	—	COM	313747206
—	MAGELLAN MIDSTREAM	3,950	$300K	0.0%	$68.00	—	COM	559080106
LUV	SOUTHWEST AIRLS CO	7,657	$300K	0.0%	$36.21	+5.3%	COM	844741108
CLDT	CHATHAM LODGING TRUST	13,377	$294K	0.0%	$29.01	—	COM	16208T102
RWX	SPDR INDEX SHS FDS	6,988	$290K	0.0%	$39.15	—	DJ INTL RL ETF	78463X863
UNP	UNION PAC CORP	3,241	$283K	0.0%	$68.29	-0.1%	COM	907818108
—	UNILEVER NV	6,000	$282K	0.0%	$43.38	—	COM	904784709
PSX	PHILLIPS 66	3,546	$281K	0.0%	$56.03	+1.2%	COM	718546104
—	DU PONT E I DE NEMOURS	4,297	$278K	0.0%	$66.56	—	COM	263534109
PM	PHILIP MORRIS INTL INC	2,599	$264K	0.0%	$52.28	+17.4%	COM	718172109
QCOM	QUALCOMM INC	4,842	$259K	0.0%	$40.28	0.0%	COM	747525103
TGT	TARGET CORP	3,675	$257K	0.0%	$56.11	0.0%	COM	87612E106
—	NATIONAL OILWELL VARCO	7,162	$241K	0.0%	$31.14	—	COM	637071101
—	LABORATORY CORP AMER HLDGS	1,835	$239K	0.0%	$123.71	—	COM NEW	50540R409
—	COLONY FINANCIAL	15,017	$231K	0.0%	$15.38	—	COM	19624R106
—	BERKSHIRE HATHAWAY INC DEL	1,590	$230K	0.0%	$144.65	—	CL B NEW	84670702
—	EMMIS COMMUNICTNS CORP	300,312	$218K	0.0%	$1.23	—	CL A	291525103
—	CHEMBIO DIAGNOSTICS	21,200	$174K	0.0%	$4.91	—	COM	163572209
—	ATLANTIC CAP BANCSHARES INC	11,829	$171K	0.0%	$14.46	—	COM	48269203