Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	ORACLE CORPORATION	23,838,300	$861M	7.4%	$30.14	+9.2%	COM	68389X105
MSFT	MICROSOFT CORP	16,912,690	$749M	6.5%	$28.50	+36.6%	COM	594918104
—	AON PLC	7,436,430	$659M	5.7%	$67.76	—	COM	G0408V102
C	CITIGROUP INC	10,893,070	$540M	4.7%	$36.97	+10.2%	COM	172967424
AIG	AMERICAN INTL GROUP INC	9,081,020	$516M	4.4%	$35.62	+32.5%	COM	026874784
—	UNITED TECHNOLOGIES CORP	5,728,530	$510M	4.4%	$98.18	—	COM	913017109
—	ALCOA INC	47,667,332	$460M	4.0%	$9.77	—	COM	013817101
—	TE CONNECTIVITY LTD	7,109,410	$426M	3.7%	$58.83	—	COM	H84989104
CSCO	CISCO SYSTEMS INC	15,926,430	$418M	3.6%	$16.17	+21.0%	COM	17275R102
BAC	BANK OF AMERICA CORP	19,191,770	$299M	2.6%	$12.32	+9.2%	COM	060505104
—	GENERAL ELECTRIC COMPANY	11,650,610	$294M	2.5%	$24.93	—	COM	369604103
TMO	THERMO FISHER SCIENTIFIC INC	1,933,550	$236M	2.0%	$80.97	+56.0%	COM	883556102
ADI	ANALOG DEVICES INC	4,084,450	$230M	2.0%	$35.17	+34.1%	COM	032654105
—	ESTERLINE TECHNOLOGIES CORP	3,168,360	$228M	2.0%	$71.89	—	COM	297425100
OXY	OCCIDENTAL PETROLEUM CORP	3,380,350	$224M	1.9%	$58.29	-12.0%	COM	674599105
—	CIT GROUP INC.	5,320,100	$213M	1.8%	$44.88	—	COM	125581801
BIDU	BAIDU INC SPON ADR REP A	1,519,210	$209M	1.8%	$137.41	—	ADR	056752108
—	OWENS ILLINOIS INC	9,378,090	$194M	1.7%	$26.34	—	COM	690768403
—	INTERPUBLIC GROUP COS INC	9,874,620	$189M	1.6%	$9.30	+46.2%	COM	460690100
—	LEUCADIA NATIONAL CORP	9,111,320	$185M	1.6%	$20.99	—	COM	527288104
LPLA	LPL FINL HLDGS INC	4,392,110	$175M	1.5%	$43.16	-0.3%	COM	50212V100
—	WALGREENS BOOTS ALLIANCE INC	1,964,680	$163M	1.4%	$76.20	—	COM	931427108
QCOM	QUALCOMM INC	2,988,070	$161M	1.4%	$45.72	-3.5%	COM	747525103
—	GOOGLE INC. CLASS A	242,578	$155M	1.3%	$874.04	—	COM	38259P508
—	ARRIS GROUP INC	5,956,873	$155M	1.3%	$16.69	—	COM	04270V106
—	GOOGLE INC. CLASS C	250,041	$152M	1.3%	$572.30	—	COM	38259P706
—	ALLEGHANY CORPORATION	294,192	$138M	1.2%	$386.68	—	COM	017175100
BUD	ANHEUSER-BUSCH INBEV SPN ADR	1,228,437	$131M	1.1%	$90.26	—	COM	03524A108
—	EXPRESS SCRIPTS HOLDING CO	1,551,395	$126M	1.1%	$73.60	—	COM	30219G108
—	YAHOO INC	3,891,550	$113M	1.0%	$42.97	—	COM	984332106
ORLY	O'REILLY AUTOMOTIVE, INC.	412,100	$103M	0.9%	$7.19	+124.4%	COM	67103H107
WDC	WESTERN DIGITAL CORP.	1,244,290	$98.85M	0.9%	$39.25	+29.7%	COM	958102105
AVT	AVNET INC	2,218,490	$94.69M	0.8%	$26.13	+26.1%	COM	053807103
IDCC	INTERDIGITAL INC	1,707,850	$86.42M	0.7%	$42.12	+22.6%	COM	45867G101
—	DEVRY EDUCATION GROUP INC.	3,102,068	$84.41M	0.7%	$30.68	—	COM	251893103
—	APOLLO EDUCATION GRP CL A	7,622,310	$84.3M	0.7%	$16.25	—	COM	037604105
—	CIMAREX ENERGY CO	799,370	$81.92M	0.7%	$96.60	—	COM	171798101
ARW	ARROW ELECTRONICS INC.	1,339,950	$74.07M	0.6%	$40.35	+37.6%	COM	042735100
CNQ	CANADIAN NATURAL RESOURCES	3,780,030	$73.52M	0.6%	$8.83	-20.0%	COM	136385101
—	ROWAN COMPANIES PLC	4,402,820	$71.11M	0.6%	$31.69	—	COM	G7665A101
—	NOBLE ENERGY INC	2,242,276	$67.67M	0.6%	$30.18	—	COM	655044105
CVS	CVS HEALTH CORPORATION	681,570	$65.76M	0.6%	$41.49	+87.5%	COM	126650100
HP	HELMERICH & PAYNE INC	1,356,465	$64.11M	0.6%	$63.94	-11.5%	COM	423452101
AXP	AMERICAN EXPRESS COMPANY	809,310	$59.99M	0.5%	$66.24	0.0%	COM	025816109
—	JOY GLOBAL INC	3,938,470	$58.8M	0.5%	$53.28	—	COM	481165108
SIG	SIGNET JEWELERS LIMITED	429,900	$58.52M	0.5%	$54.92	+90.9%	COM	G81276100
DAN	DANA HOLDINGS CORP	3,620,664	$57.5M	0.5%	$16.17	-9.6%	COM	235825205
—	AARON'S INC	1,582,706	$57.15M	0.5%	$27.47	—	COM	002535300
AGCO	AGCO CORPORATION	1,180,420	$55.04M	0.5%	$39.34	+3.9%	COM	001084102
—	LEGG MASON INC	1,298,880	$54.05M	0.5%	$41.61	—	COM	524901105
PTEN	PATTERSON-UTI ENERGY INC	3,971,760	$52.19M	0.4%	$15.85	0.0%	COM	703481101
KMX	CARMAX INC	759,900	$45.08M	0.4%	$45.40	+38.0%	COM	143130102
VOD	VODAFONE GROUP PLC-SP ADR	1,269,706	$40.3M	0.3%	$36.09	—	COM	92857W308
—	WABCO HOLDINGS INC	382,200	$40.07M	0.3%	$74.69	—	COM	92927K102
HAL	HALLIBURTON COMPANY	1,109,520	$39.22M	0.3%	$32.17	0.0%	COM	406216101
SM	SM ENERGY COMPANY	1,203,451	$38.56M	0.3%	$42.25	-23.6%	COM	78454L100
VECO	VEECO INSTRUMENTS INC	1,568,075	$32.16M	0.3%	$29.33	-17.6%	COM	922417100
OSK	OSHKOSH CORP	864,280	$31.4M	0.3%	$32.16	+3.0%	COM	688239201
—	UTI WORLDWIDE INC	38,835,000	$30.05M	0.3%	$0.77	—	CV	90349LAB0
IEX	IDEX CORP.	405,700	$28.93M	0.2%	$45.08	+43.1%	COM	45167R104
—	WALTER INVESTMENT MGMT	1,714,990	$27.87M	0.2%	$28.55	—	COM	93317W102
—	FOOT LOCKER INC	376,830	$27.12M	0.2%	$35.13	—	COM	344849104
—	BABCOCK & WILCOX ENTERPRISES I	1,599,840	$26.88M	0.2%	$16.80	—	COM	05614L100
GGG	GRACO INC	394,900	$26.47M	0.2%	$16.98	+18.1%	COM	384109104
SCSC	SCANSOURCE, INC.	741,063	$26.28M	0.2%	$30.32	+20.8%	COM	806037107
—	CUBIC CORP	611,087	$25.63M	0.2%	$47.12	—	COM	229669106
—	KNIGHT TRANSPORTATION, INC	1,011,000	$24.26M	0.2%	$16.81	—	COM	499064103
BWXT	BWX TECHNOLOGIES INC	896,355	$23.63M	0.2%	$22.66	0.0%	COM	05605H100
CPRT	COPART INC.	684,500	$22.52M	0.2%	$4.25	+3.9%	COM	217204106
HTLD	HEARTLAND EXPRESS, INC	1,123,000	$22.39M	0.2%	$13.77	+48.7%	COM	422347104
HNI	HNI CORPORATION	508,633	$21.82M	0.2%	$35.03	+36.1%	COM	404251100
MCHP	MICROCHIP TECHNOLOGY INC	465,651	$20.07M	0.2%	$14.39	+21.7%	COM	595017104
—	WALTER INVESTMENT MGMT	27,500,000	$19.73M	0.2%	$0.78	—	CV	93317WAA0
—	REGIS CORP	1,339,700	$17.55M	0.2%	$14.37	—	COM	758932107
RS	RELIANCE STEEL & ALUMINUM	305,488	$16.5M	0.1%	$66.25	-11.6%	COM	759509102
—	CBS CORP CL B NON VOTING	368,580	$14.71M	0.1%	$42.47	—	COM	124857202
FHI	FEDERATED INVESTORS INC-CL B	488,673	$14.12M	0.1%	$14.72	+34.6%	COM	314211103
—	BED BATH & BEYOND INC	242,600	$13.83M	0.1%	$65.14	—	COM	075896100
—	TWENTY FIRST CENTY FOX INC CL	498,740	$13.46M	0.1%	$26.98	—	COM	90130A101
—	FMC TECHNOLOGIES INC	431,400	$13.37M	0.1%	$53.54	—	COM	30249U101
NDSN	NORDSON CORPORATION	201,400	$12.68M	0.1%	$62.98	-0.2%	COM	655663102
AMP	AMERIPRISE FINANCIAL INC	111,560	$12.18M	0.1%	$94.67	0.0%	COM	03076C106
FELE	FRANKLIN ELECTRIC CO INC	446,700	$12.16M	0.1%	$28.79	-10.9%	COM	353514102
CMI	CUMMINS INC	111,980	$12.16M	0.1%	$92.93	0.0%	COM	231021106
—	CLARCOR INC	252,500	$12.04M	0.1%	$52.21	—	COM	179895107
—	HOUGHTON MIFFLIN HARCOURT CO	585,960	$11.9M	0.1%	$20.31	—	COM	44157R109
—	TIME WARNER INC	172,740	$11.88M	0.1%	$68.75	—	COM	887317303
—	INGERSOLL-RAND PLC	227,413	$11.55M	0.1%	$50.77	—	COM	G47791101
—	HORNBECK OFFSHORE SVCS INC	732,800	$9.915M	0.1%	$24.29	—	COM	440543106
IVZ	INVESCO LIMITED	283,410	$8.851M	0.1%	$22.28	0.0%	COM	G491BT108
MCK	MCKESSON CORP	47,405	$8.771M	0.1%	$195.59	0.0%	COM	58155Q103
—	FEI COMPANY	116,100	$8.48M	0.1%	$78.47	—	COM	30241L109
—	ALLERGAN PLC	30,580	$8.312M	0.1%	$271.81	—	COM	G0177J108
—	BARNES & NOBLE INC	679,990	$8.235M	0.1%	$15.27	—	COM	067774109
—	KKR & CO L P DEL COM UNITS	443,180	$7.437M	0.1%	$16.78	—	COM	48248M102
AMGN	AMGEN INC	53,260	$7.367M	0.1%	$116.24	0.0%	COM	031162100
—	MSG NETWORK INC CL A	98,490	$7.105M	0.1%	$72.14	—	COM	553573106
—	EXPRESS SCRIPTS HOLDING CO	84,100	$6.809M	0.1%	$73.60	—	Call	30219G108
—	DISCOVERY COMMUNICATIONS SER C	272,730	$6.625M	0.1%	$24.29	—	COM	25470F302
—	VARIAN MEDICAL SYSTEM INC	84,400	$6.227M	0.1%	$67.45	—	COM	92220P105
—	NOBLE CORPORATION PLC	525,100	$5.729M	0.0%	$37.47	—	COM	G65431101
—	LABORATORY CORP AMER HLDGS	50,400	$5.467M	0.0%	$92.94	—	COM	50540R409
TSM	TAIWAN SEMICONDUCTOR MFG	261,200	$5.42M	0.0%	$18.83	—	ADR	874039100
MCD	MCDONALDS CORP	52,600	$5.183M	0.0%	$70.46	+6.9%	COM	580135101
RL	RALPH LAUREN CORP CL A	39,330	$4.647M	0.0%	$96.33	0.0%	COM	751212101
DAL	DELTA AIR LINES INC	103,200	$4.631M	0.0%	$39.55	0.0%	COM	247361702
—	BLACKROCK INC	15,508	$4.613M	0.0%	$297.46	—	COM	09247X101
RUSHA	RUSH ENTERPRISES INC CL A	186,727	$4.519M	0.0%	$11.15	0.0%	COM	781846209
—	CORE LABORATORIES N V	35,400	$3.533M	0.0%	$104.50	—	COM	N22717107
—	TWENTY FIRST CENTY FOX INC CL	118,000	$3.194M	0.0%	$27.07	—	COM	90130A200
—	POAGE BANKSHARES INC	116,447	$1.805M	0.0%	$15.00	—	COM	730206109
TOWN	TOWNEBANK PORTSMOUTH	86,237	$1.626M	0.0%	$15.48	+15.7%	COM	89214P109
—	CASCADE BANCORP	253,743	$1.373M	0.0%	$5.21	—	COM	147154207
—	FIRST ADVANTAGE BANCORP	89,600	$1.322M	0.0%	$12.75	—	COM	31848L104
CZWI	CITIZENS CMNTY BANCORP INC	108,909	$963K	0.0%	$5.74	+30.1%	COM	174903104
PYPL	PAYPAL HLDGS INC	24,900	$773K	0.0%	$35.85	0.0%	COM	70450Y103
EBAY	EBAY INC	24,900	$609K	0.0%	$19.65	+21.8%	COM	278642103
PARR	PAR PACIFIC HOLDINGS INC.	27,700	$577K	0.0%	$16.64	+15.6%	COM	69888T207
—	SIGMA-ALDRICH CORPORATION	2,700	$375K	0.0%	$80.26	—	COM	826552101
AME	AMETEK INC.	6,025	$315K	0.0%	$38.40	+30.9%	COM	031100100
—	BANK OF AMERICA CORP WT	51,677	$296K	0.0%	$5.45	—	WT	060505146
—	FORESIGHT ENERGY LP	51,600	$275K	0.0%	$5.33	—	COM	34552U104
—	NAUGATUCK VALLEY FINL CORP	24,012	$261K	0.0%	$7.33	—	COM	63906P107
TTC	THE TORO COMPANY	3,600	$254K	0.0%	$23.03	+50.6%	COM	891092108
WAB	WABTEC CORP	2,800	$247K	0.0%	$49.35	+82.1%	COM	929740108
—	FEDERAL HOME LN MTG CORP W 5.6	43,853	$215K	0.0%	$2.87	—	PFD	313400665
GWW	WW GRAINGER, INC.	1,000	$215K	0.0%	$202.27	-6.0%	COM	384802104
BIO	BIO-RAD LABORATORIES, INC.	1,500	$201K	0.0%	$117.30	+22.7%	COM	090572207
—	JPMORGAN CHASE & CO	10,000	$199K	0.0%	$15.60	—	WT	46634E114
AZZ	AZZ INC	2,500	$122K	0.0%	$36.21	+23.1%	COM	002474104
—	FEDERAL HOME LN MTG CORP V 5.5	30,647	$116K	0.0%	$2.87	—	PFD	313400673
—	SEARS HMTWN & OUTLET STORES	13,900	$111K	0.0%	$19.11	—	COM	812362101
—	FLIR SYSTEMS INC.	3,300	$92,000	0.0%	$26.89	—	COM	302445101
TSCO	TRACTOR SUPPLY COMPANY	1,000	$84,000	0.0%	$9.62	+58.6%	COM	892356106
DCI	DONALDSON CO INC	1,300	$37,000	0.0%	$29.49	-8.3%	COM	257651109
—	TIDEWATER INC	1,600	$21,000	0.0%	$56.82	—	COM	886423102
HLX	HELIX ENERGY SOLUTIONS GRP	3,100	$15,000	0.0%	$23.34	-65.9%	COM	42330P107
—	FEDERAL HOME LN MTG H 5.10%	1,925	$14,000	0.0%	$7.27	—	PFD	313400855