Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LQD	ISHARES	1,156,133	$132M	5.8%	$113.52	—	IBOXX INV CP ETF	464287242
HYG	ISHARES	1,105,954	$103M	4.5%	$91.58	—	IBOXX HI YD ETF	464288513
—	SPDR SERIES TRUST	2,295,018	$93.09M	4.1%	$40.56	—	BRC HGH YLD BD	78464a417
AAPL	APPLE INC	154,180	$86.5M	3.8%	$13.63	+20.1%	COM	037833100
—	POWERSHARES ETF TRUST II	2,917,354	$72.58M	3.2%	$24.68	—	SENIOR LN PORT	73936q769
TGT	TARGET CORP	1,026,316	$64.94M	2.9%	$46.08	-3.2%	COM	87612E106
LLY	LILLY ELI & CO	1,241,550	$63.32M	2.8%	$40.19	-1.5%	COM	532457108
FITB	FIFTH THIRD BANCORP	2,674,692	$56.25M	2.5%	$12.54	+4.2%	COM	316773100
—	FOOT LOCKER INC	1,186,434	$49.17M	2.2%	$35.53	—	COM	344849104
JPM	JPMORGAN CHASE & CO	825,949	$48.3M	2.1%	$38.55	+2.8%	COM	46625H100
—	COACH INC	856,209	$48.06M	2.1%	$56.04	—	COM	189754104
WU	WESTERN UN CO	2,649,477	$45.7M	2.0%	$17.25	—	COM	959802109
INFY	INFOSYS LTD	772,685	$43.73M	1.9%	$41.94	—	SPONSORED ADR	456788108
—	VANGUARD SCOTTSDALE FDS	489,197	$40.46M	1.8%	$83.42	—	INT-TERM CORP	92206c870
TRV	TRAVELERS COMPANIES INC	444,696	$40.26M	1.8%	$63.45	+5.2%	COM	89417E109
GIS	GENERAL MLS INC	766,361	$38.25M	1.7%	$32.89	0.0%	COM	370334104
TROW	PRICE T ROWE GROUP INC	452,910	$37.94M	1.7%	$48.01	+5.2%	COM	74144T108
—	AMERICAN CAPITAL AGENCY CORP	1,942,284	$37.47M	1.7%	$22.58	—	COM	02503X105
—	FIDELITY NATIONAL FINANCIAL	1,119,318	$36.32M	1.6%	$27.04	—	CL A	31620R105
—	AGRIUM INC	393,381	$35.99M	1.6%	$87.27	—	COM	008916108
ETR	ENTERGY CORP NEW	540,387	$34.19M	1.5%	$20.11	-2.8%	COM	29364G103
CPB	CAMPBELL SOUP CO	755,932	$32.72M	1.4%	$28.53	0.0%	COM	134429109
—	VANGUARD SCOTTSDALE FDS	377,377	$31.32M	1.4%	$82.99	—	LG-TERM COR BD	92206c813
PCG	PG&E CORP	743,691	$29.96M	1.3%	$36.99	-4.7%	COM	69331C108
—	UNITED TECHNOLOGIES CORP	259,176	$29.49M	1.3%	$113.80	—	COM	913017109
HD	HOME DEPOT INC	355,216	$29.25M	1.3%	$56.73	+3.5%	COM	437076102
JNJ	JOHNSON & JOHNSON	308,843	$28.29M	1.2%	$63.54	+3.5%	COM	478160104
WM	WASTE MGMT INC DEL	625,096	$28.05M	1.2%	$32.17	+5.3%	COM	94106L109
T	AT&T INC	778,376	$27.37M	1.2%	$10.99	+1.7%	COM	00206R102
WY	WEYERHAEUSER CO	842,159	$26.59M	1.2%	$17.63	+6.7%	COM	962166104
BAX	BAXTER INTL INC	371,433	$25.83M	1.1%	$29.22	0.0%	COM	071813109
—	WISCONSIN ENERGY CORP	615,019	$25.43M	1.1%	$40.54	—	COM	976657106
IP	INTL PAPER CO	492,726	$24.16M	1.1%	$26.03	0.0%	COM	460146103
WSM	WILLIAMS SONOMA INC	394,256	$22.98M	1.0%	$21.10	0.0%	COM	969904101
WMT	WAL-MART STORES INC	272,661	$21.46M	0.9%	$19.87	+2.4%	COM	931142103
—	NIELSEN HOLDINGS N V	461,532	$21.18M	0.9%	$38.08	—	COM	N63218106
ERIC	ERICSSON	1,644,799	$20.13M	0.9%	$11.71	—	ADR B SEK 10	294821608
—	SINCLAIR BROADCAST GROUP INC	560,491	$20.03M	0.9%	$33.88	—	CL A	829226109
—	MAXIM INTEGRATED PRODS INC	687,535	$19.18M	0.8%	$29.82	—	COM	57772K101
—	NORTHSTAR RLTY FIN CORP	1,409,044	$18.95M	0.8%	$9.28	—	COM	66704R100
PRU	PRUDENTIAL FINL INC	204,714	$18.88M	0.8%	$47.74	+7.9%	COM	744320102
—	DUKE ENERGY CORP NEW	262,179	$18.09M	0.8%	$66.78	—	COM NEW	26441c204
UNP	UNION PAC CORP	107,148	$18M	0.8%	$60.55	0.0%	COM	907818108
—	CISCO SYS INC	787,086	$17.65M	0.8%	$23.43	—	COM	17275r102
—	ENERGIZER HLDGS INC	159,778	$17.29M	0.8%	$101.85	—	COM	29266R108
MFC	MANULIFE FINL CORP	873,745	$17.24M	0.8%	$16.79	+8.9%	COM	56501R106
—	PEOPLES UNITED FINANCIAL INC	1,048,982	$15.86M	0.7%	$14.79	—	COM	712704105
—	GANNETT INC	507,801	$15.02M	0.7%	$29.58	—	COM	364730101
RHI	ROBERT HALF INTL INC	354,351	$14.88M	0.7%	$35.62	+10.6%	COM	770323103
CINF	CINCINNATI FINL CORP	282,826	$14.81M	0.7%	$33.43	+6.3%	COM	172062101
—	PIMCO ETF TR	140,571	$14.72M	0.6%	$105.87	—	TOTL RETN ETF	72201r775
—	CABLEVISION SYS CORP	807,582	$14.48M	0.6%	$17.93	—	CL A NY CABLVS	12686C109
RCI	ROGERS COMMUNICATIONS INC	316,653	$14.33M	0.6%	$43.62	+2.1%	CL B	775109200
—	INGERSOLL-RAND PLC	232,202	$14.3M	0.6%	$61.60	—	SHS	G47791101
—	ENCANA CORP	784,342	$14.16M	0.6%	$17.33	—	COM	292505104
EMN	EASTMAN CHEM CO	168,188	$13.57M	0.6%	$49.52	+8.4%	COM	277432100
BCE	BCE INC	302,732	$13.11M	0.6%	$20.69	+4.8%	COM NEW	05534B760
—	ROCKWELL COLLINS INC	171,286	$12.66M	0.6%	$73.92	—	COM	774341101
FMX	FOMENTO ECONOMICO MEXICANO S	126,841	$12.41M	0.5%	$97.22	—	SPON ADR UNITS	344419106
—	BROADCOM CORP	357,203	$10.59M	0.5%	$29.64	—	CL A	111320107
—	AXIALL CORP	208,788	$9.905M	0.4%	$39.47	—	COM	05463D100
PNW	PINNACLE WEST CAP CORP	183,690	$9.721M	0.4%	$34.02	0.0%	COM	723484101
AVT	AVNET INC	215,178	$9.492M	0.4%	$31.88	0.0%	COM	053807103
—	BLACKROCK INC	29,707	$9.401M	0.4%	$278.05	—	COM	09247X101
OLN	OLIN CORP	299,456	$8.639M	0.4%	$16.35	+5.9%	COM PAR $1	680665205
—	BB&T CORP	230,805	$8.614M	0.4%	$33.75	—	COM	054937107
NTRS	NORTHERN TR CORP	138,795	$8.59M	0.4%	$41.70	+0.3%	COM	665859104
FAF	FIRST AMERN FINL CORP	296,188	$8.353M	0.4%	$15.44	+14.0%	COM	31847R102
AVY	AVERY DENNISON CORP	161,693	$8.115M	0.4%	$33.24	+11.6%	COM	053611109
PKG	PACKAGING CORP AMER	127,255	$8.053M	0.4%	$42.52	0.0%	COM	695156109
NVO	NOVO-NORDISK A S	43,335	$8.007M	0.4%	$171.91	—	ADR	670100205
—	TECO ENERGY INC	419,828	$7.238M	0.3%	$16.54	—	COM	872375100
RWT	REDWOOD TR INC	369,081	$7.149M	0.3%	$17.51	—	COM	758075402
OHI	OMEGA HEALTHCARE INVS INC	238,216	$7.099M	0.3%	$29.87	—	COM	681936100
HUN	HUNTSMAN CORP	288,321	$7.093M	0.3%	$18.24	+24.9%	COM	447011107
MAC	MACERICH CO	119,122	$7.015M	0.3%	$56.44	—	COM	554382101
LEG	LEGGETT & PLATT INC	220,246	$6.814M	0.3%	$30.57	-2.6%	COM	524660107
—	UMPQUA HLDGS CORP	354,561	$6.786M	0.3%	$19.14	—	COM	904214103
—	DDR CORP	435,416	$6.692M	0.3%	$15.71	—	COM	23317H102
IVZ	INVESCO LTD	180,359	$6.565M	0.3%	$19.19	+5.7%	SHS	G491BT108
TM	TOYOTA MOTOR CORP	52,768	$6.434M	0.3%	$126.91	—	SP ADR REP2COM	892331307
—	KELLOGG CO	104,326	$6.371M	0.3%	$37.78	0.0%	COM	487836108
—	DUPONT FABROS TECHNOLOGY INC	255,654	$6.317M	0.3%	$24.71	—	COM	26613q106
ENB	ENBRIDGE INC	141,107	$6.164M	0.3%	$22.14	-0.2%	COM	29250N105
HIW	HIGHWOODS PPTYS INC	164,220	$5.94M	0.3%	$35.31	—	COM	431284108
—	MID-AMER APT CMNTYS INC	95,597	$5.807M	0.3%	$62.50	—	COM	59522j103
MPT	MEDICAL PPTYS TRUST INC	469,019	$5.731M	0.3%	$12.17	—	COM	58463J304
—	PENSKE AUTOMOTIVE GRP INC	119,932	$5.656M	0.2%	$47.16	—	COM	70959w103
—	CBL & ASSOC PPTYS INC	309,047	$5.55M	0.2%	$19.10	—	COM	124830100
SAP	SAP AG	62,399	$5.437M	0.2%	$76.19	—	SPON ADR	803054204
—	SCHNITZER STL INDS	166,293	$5.433M	0.2%	$25.59	—	CL A	806882106
—	AMERICAN CAMPUS CMNTYS INC	161,466	$5.201M	0.2%	$34.15	—	COM	024835100
JKHY	HENRY JACK & ASSOC INC	85,580	$5.067M	0.2%	$41.37	+15.8%	COM	426281101
AMGN	AMGEN INC	41,990	$4.79M	0.2%	$81.11	0.0%	COM	031162100
—	STAGE STORES INC	213,748	$4.749M	0.2%	$22.22	—	COM NEW	85254C305
ASB	ASSOCIATED BANC CORP	269,331	$4.686M	0.2%	$11.29	0.0%	COM	045487105
SMG	SCOTTS MIRACLE GRO CO	73,135	$4.55M	0.2%	$38.32	0.0%	CL A	810186106
—	AQUA AMERICA INC	186,816	$4.407M	0.2%	$23.59	—	COM	03836W103
ELS	EQUITY LIFESTYLE PPTYS INC	114,673	$4.155M	0.2%	$34.53	—	COM	29472R108
BLV	VANGUARD BD INDEX FD INC	49,322	$4.027M	0.2%	$81.65	—	LONG TERM BOND	921937793
—	ISHARES	73,869	$3.747M	0.2%	$50.68	—	FLTG RATE BD ETF	46429b655
—	POWERSHARES ETF TRUST	17,754	$1.212M	0.1%	$60.65	—	DYNAMIC MKT PT	73935x104
SBS	COMPANHIA DE SANEAMENTO BASI	71,073	$806K	0.0%	$9.97	—	SPONSORED ADR	20441A102
—	SANDERSON FARMS INC	10,740	$777K	0.0%	$65.25	—	COM	800013104
—	COMPANHIA BRASILEIRA DE DIST	15,891	$710K	0.0%	$46.02	—	SPN ADR PFD CL A	20440T201
—	BIG 5 SPORTING GOODS CORP	34,272	$679K	0.0%	$19.81	—	COM	08915P101
—	REVENUESHARES ETF TR	13,569	$612K	0.0%	$40.82	—	S&P500 FINL FD	761396506
—	RYDEX ETF TRUST	12,240	$609K	0.0%	$49.75	—	GUG S&P500 PU VA	78355w304
—	ARGO GROUP INTL HLDGS LTD	12,947	$602K	0.0%	$46.50	—	COM	G0464B107
—	MARKET VECTORS ETF TR	23,230	$531K	0.0%	$22.86	—	VECTRS POL ETF	57060u571
—	ROYAL BK SCOTLAND PLC	16,526	$462K	0.0%	$27.98	—	GOLD TRENDP ETN	78009l407
—	BARCLAYS BK PLC	11,648	$460K	0.0%	$40.13	—	IPTH PURE BRD	06740p114
—	SPDR INDEX SHS FDS	13,295	$373K	0.0%	$27.13	—	S&P RUSSIA ETF	78463x558