0001140361-13-020959.txt : 20130515 0001140361-13-020959.hdr.sgml : 20130515 20130515151235 ACCESSION NUMBER: 0001140361-13-020959 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130515 DATE AS OF CHANGE: 20130515 EFFECTIVENESS DATE: 20130515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DREMAN VALUE MANAGEMENT, L L C CENTRAL INDEX KEY: 0001055282 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06700 FILM NUMBER: 13846345 BUSINESS ADDRESS: STREET 1: DREMAN VALUE MANAGEMENT, LLC STREET 2: 777 SOUTH FLAGLER DR. STE. 800 W. TOWER CITY: WEST PALM BEACH STATE: FL ZIP: 33401 BUSINESS PHONE: 8009526667 MAIL ADDRESS: STREET 1: HARBORSIDE FINANCIAL CENTER STREET 2: PLAZA 10, SUITE 800 CITY: JERSEY CITY STATE: NJ ZIP: 07311 FORMER COMPANY: FORMER CONFORMED NAME: DREMAN VALUE MANAGEMENT L L C DATE OF NAME CHANGE: 19990121 13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 3/31/2013 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: Dreman Value Management, L.L.C. Address: 777 South Flagler Dr. Suite 800-West Tower West Palm Beach, FL 33401 Form 13F File Number: 28-6700 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 submission. Persons Signing this Report on Behalf of Reporting Manager: Name: David H. Kanefsky Title: Chief Compliance Officer Phone: 201-793-2046 Signature, Place, and Date of Signing: /s/ David H. Kanefsky Jersey City, NJ 5/15/2013 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 305 Form 13F Information Table Value Total: $ 3,786,035 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 01 28-10103 Deutsche Bank ---- -------------------- ---------------------------------------------------- 02 28-14511 American Beacon Advisors ---- -------------------- ---------------------------------------------------- 03 28-05167 MetLife Advisers, LLC ---- -------------------- ----------------------------------------------------
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------------- --------- ----------- ------------------ ---------- -------- --------------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- ----------- --------- --- ---- ---------- -------- --------- ------- --------- Aarons Inc COM 002535300 5,581 194,585 61,350 485 132,750 ABB LTD SPON ADR COM 000375204 5,097 223,924 21,896 72,494 129,534 ABM INDUSTRIES INC COM 000957100 16,254 730,828 228,390 1,653 500,785 AETNA INC NEW COM 00817y108 2,722 53,243 33,085 5,068 15,090 AFLAC INC COMMON STOCK USD.1 COM 001055102 2,470 47,473 28,332 4,766 14,375 Agilent Technologies Inc COM 00846U101 3,178 75,717 130 1,767 73,820 AGL RESOURCES INC COMMON COM 001204106 2,998 71,475 1,975 - 69,500 STOCK AGRIUM INC COMMON STOCK NPV COM 008916108 7,473 76,648 5,134 15,719 55,795 AIRCASTLE LTD COM G0129k104 30,556 2,233,642 701,308 5,203 1,527,131 ALLIANT TECHSYSTEMS INC COM 018804104 43,630 602,376 185,563 887 415,926 ALLIED WORLD ASSUR NEW F COM H01531104 34,142 368,222 109,725 859 257,638 ALLSTATE CORPORATION COM 020002101 6,238 127,126 38,051 6,752 82,323 ALMOST FAMILY INC COM 020409108 3,019 147,749 45,805 354 101,590 ALTRIA GROUP INC COM 02209s103 294 8,550 8,550 - - Amcol International Corp COM 02341W103 10,947 362,603 112,544 859 249,200 AMDOCS LTD COMMON STOCK COM G02602103 3,285 90,625 2,650 - 87,975 GBP.00 Amerco COM 023586100 3,479 20,050 575 - 19,475 AMEREN CORP COM 023608102 3,193 91,175 2,475 - 88,700 American Axle & Mfg Hldgs COM 024061103 39,318 2,880,427 898,813 6,956 1,974,658 AMERICAS CAR MART INC COM COM 03062T105 2,879 61,593 19,563 148 41,882 AMERIPRISE FINANCIAL INC COM 03076C106 3,572 48,503 2,472 1,081 44,950 COMMO Amkor Technology Inc. COM 031652100 4,788 1,197,032 381,180 2,298 813,554 AMN ELEC POWER CO COM 025537101 3,076 63,254 109 1,485 61,660 ANADARKO PETROLEUM CORP COM 032511107 5,174 59,168 36,896 5,596 16,676 APACHE CORP COM 037411105 3,180 41,216 26,143 3,814 11,259 Apple Computer COM 037833100 2,607 5,890 3,829 519 1,542 ARGO GROUP INTL HLDGS F COM G0464B107 3,319 80,213 2,275 - 77,938 ARRIS GROUP INC COMMON COM 04269Q100 34,569 2,013,344 582,209 5,278 1,425,857 STOCK U ARROW ELECTRONICS INC COM 042735100 5,969 146,950 3,523 1,507 141,920 COMMON S Ascena Retail Group Inc. COM 04351g101 14,025 756,073 237,027 2,129 516,917 Ashford Hospitality Trust COM 044103109 6,144 497,077 156,597 1,210 339,270 ASPEN INSURANCE HOLDINGF COM G05384105 32,915 853,169 271,734 2,155 579,280 Associated Banc Corp COM 045487105 46,137 3,037,331 876,515 6,036 2,154,780 ASSOCIATED ESTATE RLTY COM COM 045604105 6,400 343,333 105,347 846 237,140 ASTRAZENECA PLC ADR F COM 046353108 8,229 164,649 46,629 39,483 78,537 SPONSORE ATWOOD OCEANICS INC COM 050095108 37,392 711,682 198,880 1,330 511,472 AXIS CAPITAL HOLDINGS LTD COM G0692U109 7,603 182,667 2,770 1,682 178,215 COMM Banco Bilbao Vizcaya - ADR COM 05946K101 5,034 573,992 61,080 182,106 330,806 BANCO SANT SA ADR COM 05964H105 4,378 642,919 63,367 204,135 375,417 BANCORPSOUTH INC COM 059692103 29,499 1,809,737 558,334 3,956 1,247,447 BANK OF AMERICA CORP COM 060505104 2,498 205,122 128,287 19,500 57,335 BANK OF HAWAII CORP COM 062540109 36,119 710,867 200,692 1,326 508,849 Bank Of New York Mellon COM 064058100 2,688 96,033 61,947 8,489 25,597 Corp. Barclays PLC- ADR COM 06738E204 3,398 191,307 30,474 791 160,042 BARNES GROUP INC COM 067806109 18,248 630,756 197,637 1,557 431,562 Berry Petroleum Co. COM 085789105 23,299 503,321 157,008 968 345,345 BHP BILLITON LTD ADR F COM 088606108 6,989 102,137 26,725 25,185 50,227 SPONSOR Blackrock Inc COM 09247x101 2,844 11,071 6,833 1,063 3,175 BMC SOFTWARE INC COMMON COM 055921100 3,326 71,800 2,000 - 69,800 STOCK BOK FINANCIAL CORPORATION COM 05561Q201 3,265 52,400 1,475 - 50,925 COMM
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------------- --------- ----------- ------------------ ---------- -------- --------------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- ----------- --------- --- ---- ---------- -------- --------- ------- --------- BP PLC ADR F SPONSORED ADR COM 055622104 8,277 195,436 57,164 46,789 91,483 1 A Brady Corp WI CL A COM 104674106 16,706 498,229 156,130 1,161 340,938 Brandywine Rlty Tr Sh Ben COM 105368203 39,290 2,645,785 821,400 3,750 1,820,635 Int Briggs & Stratton COM 109043109 14,466 583,291 190,067 1,431 391,793 BRINKER INTL INC COM 109641100 35,905 953,646 267,860 2,051 683,735 BRINKS CO COM 109696104 35,007 1,238,733 363,796 2,052 872,885 Brocade Communications COM 111621306 31,347 5,432,789 1,689,594 11,970 3,731,225 C B L & ASSOC PROPERTIES COM 124830100 35,417 1,500,707 408,235 1,625 1,090,847 REIT CA INC COMMON STOCK USD.1 COM 12673P105 2,760 109,613 3,895 2,388 103,330 Cabot Corp. COM 127055101 25,520 746,188 236,916 1,378 507,894 Canon Inc- ADR COM 138006309 4,767 129,935 13,073 41,971 74,891 CapLease Inc COM 140288101 9,189 1,442,502 456,733 3,524 982,245 Cardinal Health Inc. COM 14149Y108 3,297 79,212 1,141 1,781 76,290 Carlisle Cos Inc COM 142339100 29,857 440,441 134,957 925 304,559 CARNIVAL PLC-ADR COM 14365C103 5,153 147,103 14,503 47,944 84,656 CATERPILLAR INC COMMON COM 149123101 2,728 31,363 20,336 2,742 8,285 STOCK U CBIZ INC COM 124805102 3,138 491,803 152,747 1,226 337,830 CEC ENTERTAINMENT INC COM 125137109 8,266 252,392 78,423 746 173,223 CELESTICA SUB VTG SHS COM 15101Q108 8,014 990,600 292,693 3,667 694,240 CHARLES RIVER LABORATORIES COM 159864107 38,533 870,399 250,723 1,628 618,048 COM Chemical Financial Corp. COM 163731102 9,349 354,385 107,910 534 245,941 CHESAPEAKE ENERGY CORP COM 165167107 4,717 231,111 66,167 12,153 152,791 CHEVRON CORP COM 166764100 315 2,654 2,654 - - China Mobile LTD Spn ADR COM 16941m109 5,210 98,068 10,282 31,570 56,216 CIA Vale Do Rio Doce - ADR COM 91912e105 5,170 298,994 31,561 96,665 170,768 CIGNA CORP COMMON STOCK COM 125509109 3,545 56,831 2,896 1,265 52,670 USD.25 Cisco Systems Inc. COM 17275R102 2,798 133,911 88,620 11,307 33,984 CITIGROUP INC COM 172967424 2,684 60,671 39,454 5,299 15,918 City National Corp. COM 178566105 14,736 250,143 78,254 424 171,465 COEUR D ALENE MINES CORP COM 192108504 23,600 1,251,341 359,646 2,378 889,317 COMMO COMERICA INC COM COM 200340107 3,446 95,869 8,034 1,985 85,850 COMPUTER SCIENCES CORP COM 205363104 2,869 58,282 99 1,363 56,820 COMMON CONOCOPHILLIPS COM 20825c104 3,663 60,950 39,095 5,492 16,363 Cooper Tire And Rubber COM 216831107 36,910 1,438,439 411,237 2,876 1,024,326 CORNING INC COMMON STOCK COM 219350105 2,519 189,003 123,860 16,395 48,748 USD.5 CRANE CO COMMON STOCK USD1.0 COM 224399105 47,274 846,303 223,620 2,872 619,811 Credit Suisse Grp Spons- ADR COM 225401108 4,975 189,882 18,641 58,740 112,501 CSG Systems Intl COM 126349109 6,386 301,368 93,549 739 207,080 CSX Corp COM 126408103 2,478 100,613 59,732 10,237 30,644 CTC Media Inc COM 12642x106 5,078 430,715 43,205 140,617 246,893 Curtiss-Wright Corp. COM 231561101 31,831 917,321 288,472 2,263 626,586 D S T SYSTEMS INC COM 233326107 34,750 487,586 141,354 1,032 345,200 Darden Restaurants Inc. COM 237194105 2,696 52,163 88 1,165 50,910 Delhaize Le Lion S A Adr COM 29759w101 5,123 93,839 9,209 30,598 54,032 DELL INC COMMON STOCK USD.01 COM 24702R101 174 12,148 12,148 - - Deutsche Bank AG REG COM D18190898 1,733 44,311 10,458 33,853 - DEVON ENERGY CP NEW COM 25179m103 3,282 58,169 33,540 6,198 18,431 DFC GLOBAL CORP COM 23324t107 7,494 450,362 141,843 1,099 307,420 Domtar Corp COM 257559203 3,281 42,275 1,200 - 41,075 Donnelley (R R) & Sons Co COM 257867101 320 26,594 26,594 - - DUKE REALTY CORP REIT USD.01 COM 264411505 3,555 209,359 347 4,808 204,204
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------------- --------- ----------- ------------------ ---------- -------- --------------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- ----------- --------- --- ---- ---------- -------- --------- ------- --------- East West Bancorp Inc. COM 27579R104 30,516 1,188,772 326,845 2,527 859,400 Eaton Corporation PLC COM G29183103 5,698 93,034 23,327 5,291 64,416 Ordinary EMCOR GROUP INC COM 29084Q100 17,157 404,738 127,816 1,057 275,865 ENDURANCE SPECALTY HLDGF COM G30397106 27,117 567,184 175,503 1,550 390,131 Energen Corp Com COM 29265N108 32,025 615,738 192,202 1,383 422,153 ENERGIZER HOLDINGS INC COM 29266R108 7,007 70,260 1,037 848 68,375 COMMON ENERGY XXI BERMUDA COM G10082140 2,543 93,425 2,625 - 90,800 ENERSYS COM 29275Y102 35,049 768,946 240,673 1,559 526,714 Eni S P A Sponsored ADR COM 26874r108 4,846 107,959 11,659 33,942 62,358 ENSCO PLC SPON ADR ADR USD.1 COM g3157s106 3,232 53,870 1,653 1,187 51,030 EPIQ SYS INC COM COM 26882D109 3,317 236,431 74,425 576 161,430 EPR PROPERTIES BENEFICIAL COM 26884u109 3,848 73,925 2,000 - 71,925 INTE ESTERLINE TECH CORP COM 297425100 36,476 481,847 152,278 868 328,701 EURONET WORLDWIDE INC COM 298736109 9,698 368,198 115,656 901 251,641 Everest Reins Hldgs COM g3223r108 3,515 27,070 1,120 - 25,950 FEDERATED INVESTORS INC CL COM 314211103 16,041 677,699 212,915 2,069 462,715 B C FEDEX CORPORATION COM 31428x106 2,169 22,084 12,945 2,283 6,856 FIFTH THIRD BANCORP COM 316773100 5,703 349,660 103,659 19,138 226,863 First Horizon National Corp COM 320517105 30,948 2,897,721 898,894 7,682 1,991,145 First Midwest Bancorp, Inc. COM 320867104 10,971 826,130 257,391 1,699 567,040 First Niagara Financial COM 33582V108 27,094 3,058,010 969,737 7,744 2,080,529 Group FIRSTMERIT CORP COM 337915102 34,874 2,108,479 599,744 4,568 1,504,167 Ford Motor Co COM 345370860 515 39,184 39,184 - - Foster (LB) Co. - Class A COM 350060109 5,723 129,223 40,782 321 88,120 FOSTER WHEELER AG COM h27178104 32,641 1,428,495 402,402 74,671 951,422 FREEPORT MCMORAN COPPER COM 35671D857 2,824 85,326 55,708 7,305 22,313 COMMON FULTON FINANCIAL CORP COM 360271100 43,260 3,697,467 1,063,834 8,153 2,625,480 GENERAL CABLE CP DE NEW COM 369300108 42,098 1,149,281 305,040 4,233 840,008 GENERAL ELECTRIC COMPANY COM 369604103 2,739 118,467 74,332 11,131 33,004 Gentiva Health Services COM 37247a102 5,277 487,716 154,516 1,335 331,865 Glacier Bancorp New Com COM 37637Q105 8,730 459,936 142,153 693 317,090 Global Cash Access COM 378967103 5,896 836,263 263,306 2,097 570,860 GOLDMAN SACHS GROUP INC COM 38141g104 2,727 18,530 12,041 1,609 4,880 HALLIBURTON CO COMMON STOCK COM 406216101 2,872 71,083 46,147 6,315 18,621 US Hancock Hldg Co Com COM 410120109 29,782 963,180 294,687 2,243 666,250 HANESBRANDS INC COM 410345102 48,562 1,065,881 299,537 2,484 763,860 HANOVER INSURANCE GROUP COM 410867105 37,950 763,879 242,183 1,821 519,875 HARRIS CORP COMMON STOCK COM 413875105 5,716 123,346 37,686 7,018 78,642 USD1. Harsco Corp Com COM 415864107 3,522 142,175 3,925 - 138,250 HARTFORD FINL SVCS GRP COM 416515104 10,198 395,268 73,001 13,071 309,196 HELEN OF TROY LTD F COM G4388N106 22,249 580,004 179,402 1,568 399,034 HEWLETT PACKARD CO COMMON COM 428236103 2,460 103,187 67,134 9,074 26,979 STOC Hillenbrand Inc COM 431571108 12,448 492,395 154,687 959 336,749 Hill-Rom Holdings Inc COM 431475102 25,925 736,089 228,036 1,784 506,269 HOSPITALITY PPTYS TRUST COM 44106M102 41,816 1,523,894 394,955 5,276 1,123,663 BENEFI HSBC Hldgs PLC Spons-ADR COM 404280406 5,298 99,322 9,811 31,694 57,817 Huntsman Corp COM 447011107 32,628 1,755,152 410,767 7,710 1,336,675 Hyster-Yale Materials Class COM 449172105 6,941 121,581 36,962 101 84,518 A IDACORP INCORPORATED COM 451107106 32,563 674,602 208,178 1,373 465,051
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------------- --------- ----------- ------------------ ---------- -------- --------------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- ----------- --------- --- ---- ---------- -------- --------- ------- --------- Independent Bk Cp Mass Com COM 453836108 6,889 211,397 65,307 325 145,765 ING GP NV SPSD ADR COM 456837103 4,664 646,813 69,368 209,050 368,395 Ingersoll Rand Plc COM g47791101 3,455 62,804 105 1,449 61,250 Ingram Micro Inc COM 457153104 32,667 1,659,917 522,366 3,465 1,134,086 Integra Hldgs Corp. COM 457985208 16,537 423,916 131,787 1,029 291,100 Interactive Brokers Group. COM 45841n107 13,612 912,944 284,230 1,952 626,762 International Bncshrs Com COM 459044103 8,024 385,783 119,620 533 265,630 Invesco Ltd COM g491bt108 3,153 108,871 189 2,562 106,120 Ishares Tr Russell 2000 COM 464287655 53,699 568,663 151,858 - 416,805 ITAU UNIBANCO HLDNG-PREF ADR COM 465562106 5,374 301,925 32,217 95,430 174,278 ITRON INC COM 465741106 21,380 460,775 145,259 979 314,537 ITT CORP COMMON STOCK USD1.0 COM 450911201 40,273 1,416,558 439,817 3,156 973,585 JABIL CIRCUIT INC COM 466313103 2,914 157,689 6,914 - 150,775 JOY GLOBAL INC COMMON STOCK COM 481165108 5,659 95,082 2,337 1,025 91,720 US JPMORGAN CHASE & CO COM 46625h100 2,821 59,436 39,617 4,950 14,869 KB Financial Group Inc-ADR COM 48241a105 5,092 154,112 16,591 49,492 88,029 Keycorp COM 493267108 6,196 622,074 169,399 33,603 419,072 Kindred Healthcare Inc. COM 494580103 10,269 975,182 306,111 2,351 666,720 KINROSS GOLD CORP COM 496902404 7,691 969,839 64,856 215,385 689,598 KKR Financial Corp COM 48248a306 5,773 521,522 164,086 1,296 356,140 KLA-TENCOR Corp COM 482480100 6,701 127,051 1,959 1,347 123,745 Koppers COM 50060P106 8,754 199,044 62,241 678 136,125 KROGER CO COMMON STOCK COM 501044101 484 14,593 14,593 - - USD1.0 Kulicke & Soffa Industries COM 501242101 12,983 1,123,070 354,905 2,849 765,316 L 3 COMMUNICATIONS HLDGS COM 502424104 5,800 71,672 20,664 3,863 47,145 INC C Lakeland Financial Corp. COM 511656100 6,155 230,613 71,414 374 158,825 Lear Corp. COM 521865204 3,992 72,760 124 1,656 70,980 LIFEPOINT HOSPITALS INC COM 53219L109 39,359 812,199 231,672 1,422 579,105 LINCOLN NATIONAL CORP COM 534187109 4,167 127,779 1,788 2,951 123,040 COMMON S LORILLARD INC COMMON STOCK COM 544147101 2,061 51,070 87 1,183 49,800 USD MACK CALI REALTY CORP REIT COM 554489104 3,090 108,019 189 - 107,830 USD Mantech International Corp. COM 564563104 14,961 556,778 148,277 901 407,600 - MARATHON OIL CORP COM 565849106 3,520 104,381 176 2,365 101,840 Marvell Technology Group Ltd COM G5876H105 6,181 584,461 36,026 119,956 428,479 Matthews International Corp COM 577128101 8,675 248,449 77,515 744 170,190 MCGRATH RENTCORP COM 580589109 5,026 161,608 50,534 656 110,418 Mentor Graphics Corp COM 587200106 21,776 1,206,446 380,222 2,629 823,595 MEREDITH CORP COM 589433101 29,086 760,231 215,465 1,642 543,124 METLIFE INC COMMON STOCK COM 59156R108 2,796 73,548 47,940 6,430 19,178 USD.0 MICROSEMI CORPORATION COM 595137100 40,112 1,731,210 497,436 3,724 1,230,050 MICROSOFT CORP COM 594918104 2,814 98,362 63,664 8,721 25,977 Mitsubishi UFJ Financial COM 606822104 5,104 850,673 83,048 278,215 489,410 Group MOLSON COOR BREW CO CL B COM 60871r209 3,143 64,241 108 1,463 62,670 MONTPELIER RE HLDGS LTD COM G62185106 21,640 830,725 254,739 1,861 574,125 MURPHY OIL CORP COMMON COM 626717102 3,366 52,821 1,551 1,180 50,090 STOCK U Nabors Industries Ltd. COM G6359F103 3,582 220,854 23,979 - 196,875 NASDAQ OMX GROUP/THE COMMON COM 631103108 3,898 120,682 207 2,805 117,670 ST Navigant Consulting Inc. COM 63935N107 2,933 223,183 70,574 829 151,780 NBT Bancorp COM 628778102 7,153 322,913 100,021 353 222,539
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------------- --------- ----------- ------------------ ---------- -------- --------------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- ----------- --------- --- ---- ---------- -------- --------- ------- --------- NCR Corp COM 62886E108 34,824 1,263,561 323,476 5,367 934,718 NELNET INC CL A COM 64031N108 8,593 254,230 80,548 435 173,247 NEWMONT MINING CORP COM 651639106 2,895 69,106 44,971 6,119 18,016 Nippon Teleg Adr COM 654624105 4,794 220,538 22,808 67,932 129,798 Nomura Hldg Inc Spons- ADR COM 65535H208 5,335 864,718 89,895 277,974 496,849 NORFOLK SOUTHERN CORP COM 655844108 3,666 47,557 81 1,096 46,380 COMMON S NUCOR CORP COMMON STOCK COM 670346105 2,882 62,458 107 1,401 60,950 USD.4 OCCIDENTAL PETE CORP COM 674599105 230 2,937 2,937 - - Oil States International Inc COM 678026105 6,735 82,572 1,849 943 79,780 OLD NATIONAL BANCORP COM 680033107 3,199 232,682 6,525 - 226,157 Olin Corp COM 680665205 34,601 1,371,957 432,130 3,287 936,540 Omega Healthcare Investors COM 681936100 44,222 1,456,582 453,601 3,501 999,480 Oracle Corp COM 68389X105 217 6,719 6,719 - - ORTHOFIX INTERNATIONAL NV COM N6748L102 10,952 305,324 96,006 758 208,560 Oshkosh Truck Corp. COM 688239201 8,127 191,278 3,840 2,223 185,215 OWENS &MINOR INC HLDG CO COM 690732102 35,522 1,090,985 312,500 1,979 776,506 OWENS ILLINOIS INC COMMON COM 690768403 7,040 264,170 5,239 3,396 255,535 STOC PAN AMERICAN SILVER CP F COM 697900108 22,779 1,390,676 437,665 3,275 949,736 PartnerRe Ltd. COM G6852T105 3,478 37,353 65 847 36,441 Pennsylvania Rl Est Tr Sh COM 709102107 25,413 1,310,635 411,924 3,141 895,570 Ben Petroleo Brasileiro S/A COM 71654v408 4,300 259,518 27,841 81,733 149,944 PFIZER INCORPORATED COM 717081103 2,622 90,867 55,781 8,793 26,293 Pharmerica Corp. COM 71714F104 5,460 389,972 122,865 967 266,140 Phillips 66 COM 718546104 239 3,415 3,415 - - PLANTRONICS INC COM 727493108 34,285 775,849 243,874 1,580 530,395 PLATINUM UNDERWRITERS F COM G7127P100 29,909 535,914 170,330 1,187 364,397 PMC SIERRA INC COM 69344F106 13,600 2,002,990 1,378,955 6,775 617,260 PNC FINL SERVICES GP INC COM 693475105 2,490 37,442 24,765 3,202 9,475 Portland General Electric COM 736508847 37,736 1,244,190 363,267 2,685 878,238 PPL CORPORATION COMMON COM 69351T106 3,276 104,625 5,880 2,280 96,465 STOCK U Prospect Capital Corp. COM 74348T102 8,579 786,381 249,031 1,510 535,840 Prosperity Bancshares Inc. COM 743606105 22,865 482,487 149,005 939 332,543 PROTECTIVE LIFE CORP COM 743674103 39,984 1,116,858 350,792 2,643 763,423 Quest Diagnostics Inc. COM 74834L100 2,604 46,116 28,836 4,351 12,929 RAYMOND JAMES FINL INC COM 754730109 4,318 93,675 2,650 - 91,025 Regions Financial Corp. New COM 7591ep100 2,223 271,411 11,845 6,176 253,390 RELIANCE STEEL + ALUMINUM COM 759509102 3,397 47,725 1,925 - 45,800 COMM Rent-A-Center Inc. COM 76009n100 3,155 85,400 2,425 - 82,975 Rock-Tenn COM 772739207 7,278 78,435 1,100 1,005 76,330 Rosetta Resources Inc COM 777779307 3,100 65,150 1,850 - 63,300 ROYAL DUTCH SHELL PLC ADR COM 780259206 4,917 75,461 8,057 23,776 43,628 ADR RYDER SYSTEM INC COM 783549108 41,400 692,879 209,771 2,648 480,460 Sanmina Corp COM 801056102 13,790 1,212,838 381,715 2,887 828,236 Schulman A Inc Com COM 808194104 10,162 321,991 101,062 784 220,145 SELECT MEDICAL HOLDINGS CORP COM 81619Q105 9,193 1,021,452 313,356 2,546 705,550 SENIOR HOUSING PROP TRUST COM 81721M109 3,606 134,405 226 3,064 131,115 REIT Ship Finance Intl Ltd COM g81075106 10,949 620,669 194,286 1,103 425,280 Siemens AG ADR COM 826197501 5,000 46,383 4,475 15,176 26,732 SK TELECOM ADR COM 78440P108 5,003 279,976 29,850 90,784 159,342 SMITH-NPHW PLC SPADR NEW COM 83175M205 5,112 88,549 8,797 28,382 51,370 SPX Corp. COM 784635104 27,752 351,464 92,527 502 258,435 St Jude Medical Inc COM 790849103 5,626 139,110 42,272 7,839 88,999
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------------- --------- ----------- ------------------ ---------- -------- --------------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- ----------- --------- --- ---- ---------- -------- --------- ------- --------- STAPLES INC COM 855030102 6,034 449,628 130,416 23,864 295,348 StatoilHydro ASA COM 85771p102 4,948 200,984 21,342 63,379 116,263 Steel Dynamics Inc Com COM 858119100 29,197 1,839,186 572,280 4,098 1,262,808 SUMITOMO MITSUI-SPONS ADR COM 86562M209 4,953 606,979 59,857 197,329 349,793 Suncor Energy Inc. COM 867224107 5,085 169,438 17,976 54,745 96,717 SUNTRUST BANKS INC COM 867914103 5,791 201,018 63,897 11,144 125,977 SUPERIOR ENERGY SERVICES COM 868157108 32,522 1,252,308 345,147 2,880 904,281 SYMANTEC CORP COMMON STOCK COM 871503108 3,553 143,971 13,848 3,072 127,051 USD SYMETRA FINANCIAL CORP COM 87151q106 12,788 953,582 297,995 2,122 653,465 SYNOPSYS INC COMMON STOCK COM 871607107 6,703 186,822 2,784 2,166 181,872 USD. TATA MTRS LTD SPONSORED ADR COM 876568502 4,768 195,339 20,955 62,460 111,924 TCF Financial Corp. Com COM 872275102 23,515 1,571,855 492,606 3,430 1,075,819 TECO ENERGY INC COM 872375100 23,254 1,304,914 303,379 3,295 998,240 TELEFLEX INCORPORATED COM 879369106 3,543 41,925 1,150 - 40,775 Telefonica SA Spain ADR COM 879382208 4,732 350,237 37,188 113,866 199,183 TERADYNE INC COMMON STOCK COM 880770102 3,251 200,439 7,689 - 192,750 USD. TESSCO TECHNOLOGIES INC COM 872386107 2,828 130,704 40,699 325 89,680 Teva Pharmaceutical COM 881624209 5,454 137,438 14,470 42,880 80,088 Industries TEXTAINER GROUP HOLDINGS COM G8766E109 2,964 74,950 2,100 - 72,850 LTD C THE JONES GROUP INC COM 48020T101 33,498 2,633,453 763,628 5,991 1,863,834 The Mens Wearhouse Inc. COM 587118100 21,881 654,731 206,909 1,577 446,245 THERMO FISHER SCIENTIFIC COM 883556102 2,514 32,869 20,968 2,751 9,150 INC C Thomson Reuters Corp COM 884903105 2,639 81,254 51,003 7,612 22,639 Total SA ADR COM 89151E109 4,807 100,182 10,815 31,640 57,727 Trinity Industries COM 896522109 4,026 88,825 2,450 - 86,375 TTM Technologies COM 87305r109 5,093 670,190 215,062 1,103 454,025 TUTOR PERINI CORP COM 901109108 28,536 1,478,536 403,150 3,045 1,072,341 Tyson Foods Inc CL A COM 902494103 3,353 135,100 3,800 - 131,300 U S BANCORP DEL NEW COM 902973304 212 6,247 6,247 - - UBS AG COM h89231338 4,261 276,871 - 94,641 182,230 Umpqua Holdings Corp. COM 904214103 4,701 354,500 108,390 700 245,410 United Therapueutics Corp. COM 91307C102 3,386 55,625 1,525 - 54,100 UNITEDHEALTH GROUP INC COM 91324p102 451 7,876 7,876 - - UNUM GROUP COMMON STOCK COM 91529Y106 7,689 272,176 5,577 3,149 263,450 USD.1 URS CORP COMMON STOCK USD.01 COM 903236107 27592.19331 581991 140416 2505 439070 Valassis Communication Inc. COM 918866104 3356.25294 112362 4237 0 108125 VALERO ENERGY CORP NEW COM 91913y100 6899.60477 151673 40570 7334 103769 VODAFONE GROUP PLC SP ADR COM 92857W209 5118.9296 180244 17854 58785 103605 ADR WADDELL & REED FINL CL A COM 930059100 30112.36558 687811 215030 1697 471084 WASHINGTON FEDERAL INC COM 938824109 38362.975 2192170 681109 5266 1505795 SEATTLE WASTE MANAGEMENT INC COM 94106l109 3341.43699 85219 143 1956 83120 Webster Finl Corp Waterbury COM 947890109 20617.8462 849870 223901 1530 624439 WEINGARTEN REALTY INVESTORS COM 948741103 4050.23125 128375 3750 0 124625 RE WELLS FARGO & CO NEW COM 949746101 2835.17253 76647 50756 6490 19401 WesBanco Inc. COM 950810101 6090.8203 254314 107696 342 146276 WESTERN UN CO COM 959802109 2743.16064 182391 26201 3500 152690 Wiley John & Sons CL A COM 968223206 13458.49824 345444 107626 817 237001 Wintrust Finl Corp Com COM 97650W108 26897.78128 726182 226379 1432 498371 Worthington Industries Inc COM 981811102 30423.7541 982045 305658 2284 674103 XEROX CORP COMMON STOCK COM 984121103 93.2154 10839 10839 0 0 USD1.0
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------------- --------- ----------- ------------------ ---------- -------- --------------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- ----------- --------- --- ---- ---------- -------- --------- ------- --------- YAMANA GOLD INC COM 98462y100 10292.4513 670518 138795 130367 401356 Zep Inc COM 98944b108 2862.63215 190715 59299 453 130963 ZIMMER HOLDINGS INC COM 98956p102 3553.54324 47242 80 1092 46070 Zions Bancorp COM 989701107 3277.4385 131150 3675 0 127475