0001172661-13-000359.txt : 20130213
0001172661-13-000359.hdr.sgml : 20130213
20130213061334
ACCESSION NUMBER: 0001172661-13-000359
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121231
FILED AS OF DATE: 20130213
DATE AS OF CHANGE: 20130213
EFFECTIVENESS DATE: 20130213
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: DEPRINCE RACE & ZOLLO INC
CENTRAL INDEX KEY: 0001008894
IRS NUMBER: 593299598
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-05268
FILM NUMBER: 13599468
BUSINESS ADDRESS:
STREET 1: 250 PARK AVENUE SOUTH
STREET 2: SUITE 250
CITY: WINTER PARK
STATE: FL
ZIP: 32789
BUSINESS PHONE: 4074209903
MAIL ADDRESS:
STREET 1: 250 PARK AVENUE SOUTH
STREET 2: SUITE 250
CITY: WINTER PARK
STATE: FL
ZIP: 32789
13F-HR
1
DRZ4q12.txt
FORM 13F HOLDINGS REPORT
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2012
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: DePrince Race & Zollo, Inc
Address: 250 Park Avenue South
Suite 250
Winter Park, FL 32789
13F File Number: 028-05268
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Adelbert R. Sanchez
Title: Chief Compliance Officer
Phone: (407) 650-1655
Signature, Place, and Date of Signing:
/s/ Adelbert R. Sanchez Winter Park, FL/USA February 13, 2013
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 295
Form 13F Information Table Value Total: $6,480,051 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
NONE
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
AAON INC COM PAR $0.004 000360206 7215 345694 SH SOLE 314849 0 30845
ABBOTT LABS COM 002824100 37952 579417 SH SOLE 196550 0 382867
ABM INDS INC COM 000957100 37476 1878521 SH SOLE 1127546 0 750975
ADTRAN INC COM 00738A106 26244 1343070 SH SOLE 786720 0 556350
AEROPOSTALE COM 007865108 6215 477700 SH SOLE 55000 0 422700
AG MTG INVT TR INC COM 001228105 470 20000 SH SOLE 0 0 20000
AIR PRODS & CHEMS INC COM 009158106 39699 472500 SH SOLE 174500 0 298000
ALLETE INC COM NEW 018522300 13772 336067 SH SOLE 202947 0 133120
ALLIANCE BANCORP INC PA NEW COM 01890a108 6176 486316 SH SOLE 439238 0 47078
AMCOL INTL CORP COM 02341W103 20634 672557 SH SOLE 394732 0 277825
AMERICAN AXLE & MFG HLDGS IN COM 024061103 4033 360116 SH SOLE 33000 0 327116
AMERICAN INTL GROUP INC COM NEW 026874784 4589 130000 SH SOLE 0 0 130000
AMERICAN NATL BANKSHARES INC COM 027745108 1495 74046 SH SOLE 67112 0 6934
AMPCO-PITTSBURGH CORP COM 032037103 7827 391727 SH SOLE 353917 0 37810
ANDERSONS INC COM 034164103 31605 736710 SH SOLE 409697 0 327013
ANWORTH MORTGAGE ASSET CP COM 037347101 16858 2916682 SH SOLE 1445140 0 1471542
APOLLO RESIDENTIAL MTG INC COM 03763V102 7708 381775 SH SOLE 26540 0 355235
APPLE INC COM 037833100 8408 15800 SH SOLE 2800 0 13000
APPLIED MATLS INC COM 038222105 65822 5753641 SH SOLE 2171940 0 3581701
ARBOR RLTY TR INC COM 038923108 899 150000 SH SOLE 0 0 150000
ARCHER DANIELS MIDLAND CO COM 039483102 42595 1555126 SH SOLE 569050 0 986076
ARKANSAS BEST CORP DEL COM 040790107 11448 1198742 SH SOLE 1090672 0 108070
ARLINGTON ASSET INVT CORP CL A NEW 041356205 1563 75272 SH SOLE 0 0 75272
ASCENA RETAIL GROUP INC COM 04351G101 4198 227300 SH SOLE 30000 0 197300
ATLAS AIR WORLDWIDE HLDGS IN COM NEW 049164205 4875 110000 SH SOLE 0 0 110000
BAKER HUGHES INC COM 057224107 408 10000 SH SOLE 10000 0 0
BANCO SANTANDER BRASIL S A ADS REP 1 UNIT 05967A107 1845 253468 SH SOLE 0 0 253468
BANK NEW YORK MELLON CORP COM 064058100 67815 2638712 SH SOLE 966550 0 1672162
BANK OF AMERICA CORPORATION COM 060505104 8461 728750 SH SOLE 50000 0 678750
BARNES GROUP INC COM 067806109 9103 405290 SH SOLE 234600 0 170690
BAXTER INTL INC COM 071813109 58124 871946 SH SOLE 316800 0 555146
BB&T CORP COM 054937107 54624 1876471 SH SOLE 688100 0 1188371
BEBE STORES INC COM 075571109 9113 2278159 SH SOLE 2072654 0 205505
BEL FUSE INC CL B 077347300 10451 534561 SH SOLE 483090 0 51471
BEMIS INC COM 081437105 39160 1170364 SH SOLE 429200 0 741164
BERKSHIRE HILLS BANCORP INC COM 084680107 6486 271841 SH SOLE 247309 0 24532
BLACK HILLS CORP COM 092113109 29403 809095 SH SOLE 482209 0 326886
BOLT TECHNOLOGY CORP COM 097698104 5152 361013 SH SOLE 327793 0 33220
BOX SHIPS INCORPORATED SHS Y09675102 2209 538828 SH SOLE 0 0 538828
BRADY CORP CL A 104674106 24913 745885 SH SOLE 437540 0 308345
BRAVO BRIO RESTAURANT GROUP COM 10567B109 537 40000 SH SOLE 0 0 40000
BRIGGS & STRATTON CORP COM 109043109 11761 557917 SH SOLE 328927 0 228990
BRISTOW GROUP INC COM 110394103 16126 300517 SH SOLE 178719 0 121798
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 513 5069 SH SOLE 5069 0 0
BROOKFIELD RESIDENTIAL PPTYS COM 11283W104 3957 220550 SH SOLE 57040 0 163510
BROOKLINE BANCORP INC DEL COM 11373m107 20282 2386147 SH SOLE 1428351 0 957796
BROOKS AUTOMATION INC COM 114340102 27002 3354312 SH SOLE 1950417 0 1403895
C D I CORP COM 125071100 6635 387353 SH SOLE 350683 0 36670
CALAMOS ASSET MGMT INC CL A 12811R104 8879 840008 SH SOLE 765256 0 74752
CAPITAL ONE FINL CORP COM 14040H105 1502 25920 SH SOLE 0 0 25920
CAPITOL FED FINL INC COM 14057j101 20933 1790660 SH SOLE 1047264 0 743396
CAPLEASE INC COM 140288101 9626 1728117 SH SOLE 946267 0 781850
CARBO CERAMICS INC COM 140781105 32156 410469 SH SOLE 244864 0 165605
CATERPILLAR INC DEL COM 149123101 72314 807000 SH SOLE 299500 0 507500
CHEROKEE INC DEL NEW COM 16444H102 11960 872334 SH SOLE 797333 0 75001
CHIMERA INVT CORP COM 16934Q109 1566 600000 SH SOLE 0 0 600000
CISCO SYS INC COM 17275R102 70877 3607100 SH SOLE 1331000 0 2276100
CITIGROUP INC *W EXP 01/04/201 172967226 1205 2855600 SH SOLE 0 0 2855600
CITIGROUP INC COM NEW 172967424 10226 258492 SH SOLE 42500 0 215992
CLIFTON SVGS BANCORP INC COM 18712Q103 7804 692459 SH SOLE 624459 0 68000
CLOROX CO DEL COM 189054109 38265 522598 SH SOLE 184110 0 338488
COHEN & STEERS INC COM 19247A100 4463 146459 SH SOLE 82530 0 63929
COHU INC COM 192576106 31844 2937661 SH SOLE 2132236 0 805425
COLUMBIA SPORTSWEAR CO COM 198516106 15054 282114 SH SOLE 165395 0 116719
COMFORT SYS USA INC COM 199908104 12757 1049107 SH SOLE 953482 0 95625
COMMUNICATIONS SYS INC COM 203900105 3953 380060 SH SOLE 344260 0 35800
CON-WAY INC COM 205944101 22848 821285 SH SOLE 469625 0 351660
COSTAMARE INC SHS Y1771G102 3402 244361 SH SOLE 20000 0 224361
CSS INDS INC COM 125906107 5821 265912 SH SOLE 240272 0 25640
CTS CORP COM 126501105 9382 882566 SH SOLE 797258 0 85308
CULLEN FROST BANKERS INC COM 229899109 38400 707570 SH SOLE 265980 0 441590
CURTISS WRIGHT CORP COM 231561101 33526 1021196 SH SOLE 613867 0 407329
CVB FINL CORP COM 126600105 5690 547160 SH SOLE 308130 0 239030
CYS INVTS INC COM 12673A108 6023 510000 SH SOLE 147500 0 362500
DAKTRONICS INC COM 234264109 9405 848789 SH SOLE 767704 0 81085
DANA HLDG CORP COM 235825205 22421 1436317 SH SOLE 746411 0 689906
DANAOS CORPORATION SHS Y1968P105 9968 3624742 SH SOLE 336951 0 3287791
DECKERS OUTDOOR CORP COM 243537107 1007 25000 SH SOLE 0 0 25000
DEERE & CO COM 244199105 59525 688784 SH SOLE 258930 0 429854
DELTA AIR LINES INC DEL COM NEW 247361702 6362 536000 SH SOLE 24500 0 511500
DIME CMNTY BANCSHARES COM 253922108 4061 292373 SH SOLE 264697 0 27676
DONEGAL GROUP INC CL A 257701201 7613 542221 SH SOLE 492111 0 50110
DONNELLEY R R & SONS CO COM 257867101 23601 2625275 SH SOLE 943700 0 1681575
DOUGLAS DYNAMICS INC COM 25960r105 7687 534185 SH SOLE 482338 0 51847
DOVER CORP COM 260003108 83580 1271960 SH SOLE 476010 0 795950
DOW CHEM CO COM 260543103 77194 2387720 SH SOLE 887420 0 1500300
DYNAMIC MATLS CORP COM 267888105 6983 502392 SH SOLE 448222 0 54170
EASTERN INS HLDGS INC COM 276534104 5316 311270 SH SOLE 280924 0 30346
EDGEN GROUP INC CL A 28014Q107 220 31104 SH SOLE 31104 0 0
ELECTRO SCIENTIFIC INDS COM 285229100 9603 965156 SH SOLE 878926 0 86230
ELLINGTON FINANCIAL LLC COM 288522303 9366 416997 SH SOLE 111960 0 305037
EMBRAER S A SP ADR REP 4 COM 29082A107 39813 1396450 SH SOLE 616150 0 780300
EMERSON ELEC CO COM 291011104 82467 1557150 SH SOLE 577950 0 979200
ENCANA CORP COM 292505104 40590 2054150 SH SOLE 770000 0 1284150
ENNIS INC COM 293389102 5166 333962 SH SOLE 298036 0 35926
ESSA BANCORP INC COM 29667D104 7563 694472 SH SOLE 628232 0 66240
ETHAN ALLEN INTERIORS INC COM 297602104 4116 160103 SH SOLE 95081 0 65022
EVERCORE PARTNERS INC CLASS A 29977A105 28259 936038 SH SOLE 556612 0 379426
EXCEL TR INC COM 30068C109 5668 447371 SH SOLE 404501 0 42870
EXCO RESOURCES INC COM 269279402 27614 4078845 SH SOLE 2367285 0 1711560
EXXON MOBIL CORP COM 30231g102 39097 451727 SH SOLE 174960 0 276767
FBR & CO COM 30247C301 4616 1192791 SH SOLE 170293 0 1022498
FINISH LINE INC CL A 317923100 25079 1324837 SH SOLE 715701 0 609136
FIRST FINL BANCORP OH COM 320209109 18672 1277179 SH SOLE 754799 0 522380
FLUSHING FINL CORP COM 343873105 6187 403333 SH SOLE 364323 0 39010
FORD MTR CO DEL COM PAR $0.01 345370860 41159 3178300 SH SOLE 1149700 0 2028600
FORRESTER RESH INC COM 346563109 18647 695788 SH SOLE 408308 0 287480
FORTRESS INVESTMENT GROUP LL CL A 34958B106 8072 1838780 SH SOLE 110000 0 1728780
FREDS INC CL A 356108100 10684 802699 SH SOLE 452442 0 350257
FREEPORT-MCMORAN COPPER & GO COM 35671D857 51350 1501460 SH SOLE 574540 0 926920
FREIGHTCAR AMER INC COM 357023100 2512 112025 SH SOLE 101385 0 10640
FRESH DEL MONTE PRODUCE INC ORD G36738105 28117 1067040 SH SOLE 631211 0 435829
FULL HOUSE RESORTS INC COM 359678109 1625 470897 SH SOLE 0 0 470897
GAFISA S A SPONS ADR 362607301 1088 234000 SH SOLE 0 0 234000
GENERAL DYNAMICS CORP COM 369550108 38787 559943 SH SOLE 214750 0 345193
GENERAL MTRS CO *W EXP 07/10/201 37045V126 12095 968414 SH SOLE 91290 0 877124
GENWORTH FINL INC COM CL A 37247D106 7825 1042000 SH SOLE 77000 0 965000
GLOBAL CASH ACCESS HLDGS INC COM 378967103 2078 265000 SH SOLE 0 0 265000
GLOBAL POWER EQUIPMENT GRP I COM PAR $0.01 37941P306 11317 659935 SH SOLE 598775 0 61160
GLOBAL SHIP LEASE INC NEW SHS A Y27183105 14419 4904341 SH SOLE 355316 0 4549025
GLOBE SPECIALTY METALS INC COM 37954N206 26536 1929902 SH SOLE 1151452 0 778450
GOLAR LNG LTD BERMUDA SHS G9456A100 3579 97300 SH SOLE 22300 0 75000
GREENHILL & CO INC COM 395259104 20833 400712 SH SOLE 238287 0 162425
GUESS INC COM 401617105 96933 3949985 SH SOLE 1642511 0 2307474
GULF ISLAND FABRICATION INC COM 402307102 11361 472777 SH SOLE 430002 0 42775
HANOVER INS GROUP INC COM 410867105 24654 636408 SH SOLE 367745 0 268663
HARSCO CORP COM 415864107 83645 3559367 SH SOLE 1596664 0 1962703
HARTFORD FINL SVCS GROUP INC COM 416515104 6831 304400 SH SOLE 38000 0 266400
HAYNES INTERNATIONAL INC COM NEW 420877201 25354 488792 SH SOLE 282615 0 206177
HERCULES TECH GROWTH CAP INC COM 427096508 30265 2719248 SH SOLE 1779297 0 939951
HF FINL CORP COM 404172108 3247 247887 SH SOLE 228799 0 19088
HILL ROM HLDGS INC COM 431475102 16479 578203 SH SOLE 339959 0 238244
HILLENBRAND INC COM 431571108 16290 720480 SH SOLE 418567 0 301913
HOME LN SERVICING SOLUTIONS ORD SHS G6648D109 1134 60000 SH SOLE 0 0 60000
HOUSTON WIRE & CABLE CO COM 44244K109 11967 975310 SH SOLE 890800 0 84510
HUNTSMAN CORP COM 447011107 52876 3325554 SH SOLE 1246845 0 2078709
IBERIABANK CORP COM 450828108 36028 733467 SH SOLE 436085 0 297382
ICICI BK LTD ADR 45104G104 249 5720 SH SOLE 0 0 5720
INFINITY PPTY & CAS CORP COM 45665Q103 22912 393405 SH SOLE 233960 0 159445
INSTEEL INDUSTRIES INC COM 45774W108 10472 839081 SH SOLE 762491 0 76590
INTEL CORP COM 458140100 82991 4024800 SH SOLE 1502400 0 2522400
INTERNATIONAL GAME TECHNOLOG COM 459902102 7800 550490 SH SOLE 77090 0 473400
INTERSIL CORP CL A 46069S109 33739 4069834 SH SOLE 2427599 0 1642235
ISTAR FINL INC COM 45031U101 1349 165486 SH SOLE 0 0 165486
IXYS CORP COM 46600W106 5180 566748 SH SOLE 515328 0 51420
JAKKS PAC INC COM 47012E106 9813 783785 SH SOLE 713888 0 69897
JETBLUE AIRWAYS CORP COM 477143101 1830 320000 SH SOLE 0 0 320000
JMP GROUP INC COM 46629U107 9575 1577483 SH SOLE 1424191 0 153292
JOHN BEAN TECHNOLOGIES CORP COM 477839104 8521 479502 SH SOLE 433212 0 46290
JOHNSON & JOHNSON COM 478160104 61006 870264 SH SOLE 334646 0 535618
JOHNSON CTLS INC COM 478366107 84603 2758500 SH SOLE 1013750 0 1744750
JONES GROUP INC COM 48020t101 13170 1190740 SH SOLE 605060 0 585680
JPMORGAN CHASE & CO COM 46625h100 80941 1840860 SH SOLE 670560 0 1170300
KAYDON CORP COM 486587108 30802 1287164 SH SOLE 757669 0 529495
KB FINANCIAL GROUP INC SPONSORED ADR 48241a105 233 6500 SH SOLE 0 0 6500
KELLOGG CO COM 487836108 63432 1135763 SH SOLE 402900 0 732863
KEYCORP NEW COM 493267108 37930 4504792 SH SOLE 1653497 0 2851295
KINDER MORGAN INC DEL COM 49456B101 45480 1287287 SH SOLE 475650 0 811637
KNIGHT TRANSN INC COM 499064103 40743 2784915 SH SOLE 1662491 0 1122424
KNOLL INC COM NEW 498904200 17294 1125917 SH SOLE 659476 0 466441
KODIAK OIL & GAS CORP COM 50015Q100 664 75000 SH SOLE 0 0 75000
KOHLS CORP COM 500255104 45072 1048676 SH SOLE 392565 0 656111
KONINKLIJKE PHILIPS ELECTRS NY REG SH NEW 500472303 63423 2389717 SH SOLE 943400 0 1446317
KRONOS WORLDWIDE INC COM 50105F105 24687 1265989 SH SOLE 741459 0 524530
LAS VEGAS SANDS CORP COM 517834107 5908 128000 SH SOLE 0 0 128000
LAWSON PRODS INC COM 520776105 13300 1343439 SH SOLE 1218257 0 125182
LEAR CORP COM NEW 521865204 5545 118381 SH SOLE 13330 0 105051
LINEAR TECHNOLOGY CORP COM 535678106 59534 1735690 SH SOLE 643490 0 1092200
LSI INDS INC COM 50216C108 8939 1275110 SH SOLE 1151910 0 123200
MACYS INC COM 55616P104 1171 30000 SH SOLE 0 0 30000
MANNING & NAPIER INC CL A 56382Q102 16184 1284410 SH SOLE 754795 0 529615
MARATHON OIL CORP COM 565849106 74937 2444120 SH SOLE 915320 0 1528800
MARATHON PETE CORP COM 56585A102 58514 928798 SH SOLE 342979 0 585819
MARCUS CORP COM 566330106 7436 596304 SH SOLE 538493 0 57811
MARINE PRODS CORP COM 568427108 5876 1027332 SH SOLE 932832 0 94500
MATERION CORP COM 576690101 6811 264182 SH SOLE 239932 0 24250
MEADOWBROOK INS GROUP INC COM 58319P108 578 100000 SH SOLE 0 0 100000
MEDTRONIC INC COM 585055106 38613 941314 SH SOLE 355030 0 586284
MENS WEARHOUSE INC COM 587118100 29415 943995 SH SOLE 530721 0 413274
MERCURY GENL CORP NEW COM 589400100 30171 760160 SH SOLE 278785 0 481375
MERIDIAN BIOSCIENCE INC COM 589584101 26231 1295345 SH SOLE 770181 0 525164
MET PRO CORP COM 590876306 9766 1007833 SH SOLE 913359 0 94474
METHODE ELECTRS INC COM 591520200 32137 3204112 SH SOLE 2139774 0 1064338
METLIFE INC COM 59156R108 40872 1240800 SH SOLE 458900 0 781900
MFA FINANCIAL INC COM 55272X102 8816 1087000 SH SOLE 227000 0 860000
MICREL INC COM 594793101 35781 3766473 SH SOLE 2246665 0 1519808
MICROSOFT CORP COM 594918104 70721 2647772 SH SOLE 989497 0 1658275
MIDDLEBURG FINANCIAL CORP COM 596094102 4347 246127 SH SOLE 222252 0 23875
MKS INSTRUMENT INC COM 55306N104 27758 1076738 SH SOLE 633318 0 443420
MOLSON COORS BREWING CO CL B 60871R209 58425 1365385 SH SOLE 520935 0 844450
MORGAN STANLEY COM NEW 617446448 59751 3125033 SH SOLE 1149750 0 1975283
MOSAIC CO NEW COM 61945C103 51669 912400 SH SOLE 330250 0 582150
MRC GLOBAL INC COM 55345K103 761 27400 SH SOLE 27400 0 0
MULTI COLOR CORP COM 625383104 4930 205490 SH SOLE 187320 0 18170
MURPHY OIL CORP COM 626717102 86782 1457290 SH SOLE 587590 0 869700
NATIONAL FUEL GAS CO N J COM 636180101 41892 826430 SH SOLE 307550 0 518880
NATIONSTAR MTG HLDGS INC COM 63861C109 3141 101400 SH SOLE 15000 0 86400
NEWCASTLE INVT CORP COM 65105M108 1302 150000 SH SOLE 0 0 150000
NEWMONT MINING CORP COM 651639106 3637 78310 SH SOLE 51640 0 26670
NEXTERA ENERGY INC COM 65339F101 34483 498384 SH SOLE 183650 0 314734
NORANDA ALUM HLDG CORP COM 65542W107 34947 5719658 SH SOLE 3756408 0 1963250
NORFOLK SOUTHERN CORP COM 655844108 41505 671168 SH SOLE 255668 0 415500
NORTHERN TIER ENERGY LP COM UN REPR PART 665826103 2801 110100 SH SOLE 0 0 110100
NORTHERN TR CORP COM 665859104 67219 1340096 SH SOLE 497560 0 842536
NORTHSTAR RLTY FIN CORP COM 66704R100 3708 526772 SH SOLE 0 0 526772
NUCOR CORP COM 670346105 63111 1462265 SH SOLE 535830 0 926435
OCCIDENTAL PETE CORP DEL COM 674599105 85604 1117400 SH SOLE 418900 0 698500
OCZ TECHNOLOGY GROUP INC COM 67086E303 162 85000 SH SOLE 85000 0 0
PACIFIC CONTINENTAL CORP COM 69412V108 8049 827230 SH SOLE 746580 0 80650
PANHANDLE OIL AND GAS INC CL A 698477106 3644 129081 SH SOLE 116916 0 12165
PARKER HANNIFIN CORP COM 701094104 70209 825400 SH SOLE 300500 0 524900
PENN WEST PETE LTD NEW COM 707887105 29691 2734000 SH SOLE 1060840 0 1673160
PEOPLES FINL CORP MISS COM 71103B102 3764 398736 SH SOLE 359879 0 38857
PEOPLES UNITED FINANCIAL INC COM 712704105 27771 2297004 SH SOLE 858600 0 1438404
PERFORMANT FINL CORP COM 71377E105 458 45316 SH SOLE 0 0 45316
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 236 12220 SH SOLE 0 0 12220
PHH CORP COM NEW 693320202 5923 260350 SH SOLE 40350 0 220000
PHILIP MORRIS INTL INC COM 718172109 2743 32791 SH SOLE 32791 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 2007 277199 SH SOLE 0 0 277199
PITNEY BOWES INC COM 724479100 24841 2334696 SH SOLE 862650 0 1472046
PNC FINL SVCS GROUP INC COM 693475105 40812 699922 SH SOLE 260673 0 439249
POTLATCH CORP NEW COM 737630103 17282 441449 SH SOLE 265559 0 175890
PRIMORIS SVCS CORP COM 74164f103 9879 656877 SH SOLE 385509 0 271368
PROVIDENT NEW YORK BANCORP COM 744028101 5849 628230 SH SOLE 568180 0 60050
PRUDENTIAL FINL INC COM 744320102 73307 1374600 SH SOLE 501450 0 873150
PSYCHEMEDICS CORP COM NEW 744375205 6478 602559 SH SOLE 544139 0 58420
PZENA INVESTMENT MGMT INC CLASS A 74731Q103 4205 778634 SH SOLE 703354 0 75280
QUALCOMM INC COM 747525103 1361 22000 SH SOLE 22000 0 0
QUALITY SYS INC COM 747582104 12587 725050 SH SOLE 426398 0 298652
RADIAN GROUP INC COM 750236101 3912 640200 SH SOLE 50000 0 590200
RAIT FINANCIAL TRUST COM NEW 749227609 4356 770896 SH SOLE 115000 0 655896
REGIS CORP MINN COM 758932107 12101 715200 SH SOLE 410164 0 305036
REPUBLIC SVCS INC COM 760759100 62682 2137127 SH SOLE 796730 0 1340397
RESOURCES CONNECTION INC COM 76122q105 32374 2713639 SH SOLE 1598059 0 1115580
RICKS CABARET INTL INC COM NEW 765641303 577 71800 SH SOLE 71800 0 0
RITCHIE BROS AUCTIONEERS COM 767744105 27790 1330300 SH SOLE 788915 0 541385
ROCKWELL AUTOMATION INC COM 773903109 42609 507305 SH SOLE 196905 0 310400
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 27759 402600 SH SOLE 129700 0 272900
RYDER SYS INC COM 783549108 68192 1365756 SH SOLE 571339 0 794417
S Y BANCORP INC COM 785060104 3055 136245 SH SOLE 122974 0 13271
SAFEWAY INC COM NEW 786514208 39527 2185002 SH SOLE 819490 0 1365512
SANDERSON FARMS INC COM 800013104 5232 110033 SH SOLE 15690 0 94343
SANOFI SPONSORED ADR 80105n105 552 11660 SH SOLE 11660 0 0
SCHAWK INC CL A 806373106 5256 399385 SH SOLE 356335 0 43050
SCHNITZER STL INDS CL A 806882106 28849 951177 SH SOLE 540870 0 410307
SEACUBE CONTAINER LEASING LT SHS G79978105 3279 173977 SH SOLE 0 0 173977
SEALED AIR CORP NEW COM 81211K100 67477 3853635 SH SOLE 1466465 0 2387170
SEARS HOMETOWN & OUTLET STOR COM 812362101 843 25900 SH SOLE 0 0 25900
SIERRA BANCORP COM 82620P102 3212 281037 SH SOLE 255377 0 25660
SIMMONS 1ST NATL CORP CL A $1 PAR 828730200 8810 347409 SH SOLE 313754 0 33655
SKYLINE CORP COM 830830105 1938 477337 SH SOLE 430701 0 46636
SKYWORKS SOLUTIONS INC COM 83088M102 3453 170100 SH SOLE 42600 0 127500
SMITHFIELD FOODS INC COM 832248108 5069 235000 SH SOLE 15000 0 220000
SOTHEBYS COM 835898107 34241 1018477 SH SOLE 603430 0 415047
SPARTAN MTRS INC COM 846819100 5702 1158931 SH SOLE 1047606 0 111325
SPARTAN STORES INC COM 846822104 1445 94052 SH SOLE 85627 0 8425
STANDARD PAC CORP NEW COM 85375C101 3749 510000 SH SOLE 50000 0 460000
STATOIL ASA SPONSORED ADR 85771P102 64169 2562657 SH SOLE 1007250 0 1555407
STEEL DYNAMICS INC COM 858119100 58133 4233999 SH SOLE 1589934 0 2644065
STELLARONE CORP COM 85856G100 4983 352430 SH SOLE 318630 0 33800
STERIS CORP COM 859152100 31172 897546 SH SOLE 533640 0 363906
STERLING BANCORP COM 859158107 20051 2201039 SH SOLE 1574542 0 626497
SUMMIT HOTEL PPTYS COM 866082100 9670 1017890 SH SOLE 919500 0 98390
SUNTRUST BKS INC COM 867914103 61228 2159710 SH SOLE 746398 0 1413312
SYNALLOY CP DEL COM 871565107 4171 291470 SH SOLE 263390 0 28080
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 199 11590 SH SOLE 0 0 11590
TESSERA TECHNOLOGIES INC COM 88164L100 25267 1536004 SH SOLE 913823 0 622181
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 36850 986867 SH SOLE 400480 0 586387
TEXAS INSTRS INC COM 882508104 72778 2356030 SH SOLE 872222 0 1483808
TIDEWATER INC COM 886423102 86748 1941539 SH SOLE 848601 0 1092938
TIFFANY & CO NEW COM 886547108 1434 25000 SH SOLE 0 0 25000
TOTAL S A SPONSORED ADR 89151E109 39301 755637 SH SOLE 306699 0 448938
TRONOX LTD SHS CL A Q9235V101 6805 372854 SH SOLE 40000 0 332854
TSAKOS ENERGY NAVIGATION LTD SHS G9108L108 12858 3428925 SH SOLE 2424501 0 1004424
TWO HBRS INVT CORP COM 90187B101 554 50000 SH SOLE 0 0 50000
UNITED FINANCIAL BANCORP INC COM 91030T109 5103 324599 SH SOLE 293009 0 31590
UNITED PARCEL SERVICE INC CL B 911312106 66497 901900 SH SOLE 333600 0 568300
UNITED RENTALS INC COM 911363109 6559 144100 SH SOLE 20500 0 123600
UNITED STATIONERS INC COM 913004107 17258 556892 SH SOLE 318417 0 238475
UNIVERSAL CORP VA COM 913456109 21028 421317 SH SOLE 277687 0 143630
URS CORP NEW COM 903236107 40174 1023290 SH SOLE 388840 0 634450
VALLEY NATL BANCORP COM 919794107 24981 2686176 SH SOLE 994820 0 1691356
VELTI PLC ST HELIER SHS G93285107 2478 550628 SH SOLE 62500 0 488128
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 865 34330 SH SOLE 3590 0 30740
W & T OFFSHORE INC COM 92922P106 32768 2044158 SH SOLE 1217440 0 826718
WABASH NATL CORP COM 929566107 628 70000 SH SOLE 70000 0 0
WALGREEN CO COM 931422109 67967 1836450 SH SOLE 692500 0 1143950
WAUSAU PAPER CORP COM 943315101 8416 971769 SH SOLE 878009 0 93760
WELLS FARGO & CO NEW COM 949746101 2905 85000 SH SOLE 0 0 85000
WESTWOOD HLDGS GROUP INC COM 961765104 2611 63840 SH SOLE 56962 0 6878
WEYCO GROUP INC COM 962149100 4676 200187 SH SOLE 180849 0 19338
WISDOMTREE TR MID EAST DIVD 97717x305 958 63910 SH SOLE 63910 0 0
WYNN RESORTS LTD COM 983134107 3712 33000 SH SOLE 3000 0 30000
ZAGG INC COM 98884U108 469 63690 SH SOLE 0 0 63690
ZEP INC COM 98944B108 8450 585160 SH SOLE 529810 0 55350