The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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 MANAGER SOLE SHARED NONE
Alphabet Inc Cl C COM 02079k107 1,958 3,218 SH   SOLE 0 0 3,218
3M CO COM 88579y101 6,739 47,532 SH   SOLE 20,982 0 26,550
AAR CORP COM 000361105 4,363 230,000 SH   SOLE 230,000 0 0
ACACIA RESH CORP ACACIA TCH COM 003881307 855 94,155 SH   SOLE 94,155 0 0
AES CORP COM 00130H105 1,958 200,000 SH   SOLE 200,000 0 0
AFLAC INC COM 001055102 244 4,202 SH   SOLE 4,202 0 0
AGL RES INC COM 001204106 3,629 59,452 SH   SOLE 6,352 0 53,100
ALLSTATE CORP COM 020002101 4,138 71,047 SH   SOLE 56,334 0 14,713
ALTRIA GROUP INC COM 02209s103 515 9,474 SH   SOLE 9,474 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503x105 636 33,995 SH   SOLE 33,995 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553e106 602 38,540 SH   SOLE 33,795 0 4,745
AMERICAN EXPRESS CO COM 025816109 6,202 83,661 SH   SOLE 47,543 0 36,118
AMERICAN INTL GROUP INC COM NEW 026874784 2,864 50,409 SH   SOLE 39,705 0 10,704
AMERIS BANCORP COM 03076k108 912 31,712 SH   SOLE 31,712 0 0
ANNALY CAP MGMT INC COM 035710409 5,174 524,243 SH   SOLE 413,443 0 110,800
ANTHEM INC COM 036752103 5,468 39,054 SH   SOLE 30,586 0 8,468
APPLE INC COM 037833100 5,348 48,484 SH   SOLE 10,367 0 38,117
ARES CAP CORP COM 04010L103 1,264 87,275 SH   SOLE 87,275 0 0
ARES COML REAL ESTATE CORP COM 04013v108 3,287 274,174 SH   SOLE 274,174 0 0
ARRIS GROUP INC NEW COM 04270V106 1,215 46,802 SH   SOLE 46,802 0 0
ASCENA RETAIL GROUP INC COM 04351G101 889 63,927 SH   SOLE 63,927 0 0
AT&T INC COM 00206r102 7,864 241,388 SH   SOLE 133,905 0 107,483
ATWOOD OCEANICS INC COM 050095108 1,193 80,541 SH   SOLE 62,241 0 18,300
AUTOMATIC DATA PROCESSING IN COM 053015103 2,507 31,200 SH   SOLE 0 0 31,200
AVNET INC COM 053807103 5,122 120,000 SH   SOLE 120,000 0 0
BAKER HUGHES INC COM 057224107 2,267 43,570 SH   SOLE 34,270 0 9,300
BANK AMER CORP COM 060505104 5,377 345,140 SH   SOLE 345,140 0 0
BECTON DICKINSON & CO COM 075887109 6,941 52,319 SH   SOLE 24,784 0 27,535
BGC PARTNERS INC CL A 05541T101 1,047 127,380 SH   SOLE 127,380 0 0
BLACKROCK CAPITAL INVESTMENT COM 092533108 116 13,100 SH   SOLE 13,100 0 0
BLACKROCK INC COM 09247X101 6,500 21,852 SH   SOLE 12,083 0 9,769
BNC BANCORP COM 05566t101 897 40,339 SH   SOLE 40,339 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 230 3,881 SH   SOLE 3,881 0 0
BROWN & BROWN INC COM 115236101 2,742 88,531 SH   SOLE 88,531 0 0
CAI INTERNATIONAL INC COM 12477X106 3,662 363,266 SH   SOLE 363,266 0 0
CARDTRONICS INC COM 14161h108 682 20,855 SH   SOLE 20,855 0 0
CASELLA WASTE SYS INC CL A 147448104 1,439 248,049 SH   SOLE 248,049 0 0
CATERPILLAR INC DEL COM 149123101 5,729 87,648 SH   SOLE 47,642 0 40,006
CATHAY GEN BANCORP COM 149150104 1,141 38,096 SH   SOLE 38,096 0 0
CELADON GROUP INC COM 150838100 1,202 75,007 SH   SOLE 75,007 0 0
CHECKPOINT SYS INC COM 162825103 397 54,781 SH   SOLE 54,781 0 0
CHESAPEAKE ENERGY CORP COM 165167107 121 16,560 SH   SOLE 16,560 0 0
CHEVRON CORP NEW COM 166764100 5,974 75,739 SH   SOLE 41,069 0 34,670
CHIMERA INVT CORP COM NEW 16934q208 1,029 77,000 SH   SOLE 77,000 0 0
CHINA GREEN AGRICULTURE INC COM 16943W105 103 60,000 SH   SOLE 60,000 0 0
CISCO SYS INC COM 17275R102 6,707 255,492 SH   SOLE 123,592 0 131,900
CITIGROUP INC COM NEW 172967424 4,465 90,000 SH   SOLE 90,000 0 0
CITRIX SYS INC COM 177376100 3,251 46,922 SH   SOLE 36,926 0 9,996
CME GROUP INC COM 12572Q105 3,641 39,264 SH   SOLE 30,901 0 8,363
COCA COLA CO COM 191216100 5,028 125,324 SH   SOLE 33,088 0 92,236
COCA COLA ENTERPRISES INC NE COM 19122T109 266 5,500 SH   SOLE 5,500 0 0
COHU INC COM 192576106 736 74,664 SH   SOLE 74,664 0 0
COLONY CAP INC CL A 19624r106 999 51,084 SH   SOLE 51,084 0 0
COLUMBIA BKG SYS INC COM 197236102 1,283 41,098 SH   SOLE 41,098 0 0
COLUMBUS MCKINNON CORP N Y COM 199333105 1,111 61,191 SH   SOLE 61,191 0 0
COMCAST CORP NEW CL A 20030n101 4,807 84,504 SH   SOLE 11,814 0 72,690
CONAGRA FOODS INC COM 205887102 4,102 101,267 SH   SOLE 81,587 0 19,680
CONNECTONE BANCORP INC NEW COM 20786w107 749 38,788 SH   SOLE 38,788 0 0
CON-WAY INC COM 205944101 422 8,895 SH   SOLE 8,895 0 0
COOPER TIRE & RUBR CO COM 216831107 723 18,295 SH   SOLE 18,295 0 0
CORNING INC COM 219350105 225 13,115 SH   SOLE 13,115 0 0
COVANTA HLDG CORP COM 22282e102 3,990 228,626 SH   SOLE 228,626 0 0
CRACKER BARREL OLD CTRY STOR COM 22410j106 1,542 10,468 SH   SOLE 10,468 0 0
CRAWFORD & CO CL A 224633206 615 109,939 SH   SOLE 109,939 0 0
CVS HEALTH CORP COM 126650100 9,212 95,485 SH   SOLE 52,574 0 42,911
DISNEY WALT CO COM DISNEY 254687106 5,979 58,502 SH   SOLE 28,582 0 29,920
DIXIE GROUP INC CL A 255519100 783 93,692 SH   SOLE 93,692 0 0
DOW CHEM CO COM 260543103 4,248 100,180 SH   SOLE 34,835 0 65,345
DUKE ENERGY CORP NEW COM NEW 26441C204 2,948 40,976 SH   SOLE 31,596 0 9,380
EVERBANK FINL CORP COM 29977G102 1,338 69,311 SH   SOLE 69,311 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 7,037 86,925 SH   SOLE 72,520 0 14,405
EXXON MOBIL CORP COM 30231G102 10,841 145,813 SH   SOLE 82,805 0 63,008
FEDERATED INVS INC PA CL B 314211103 4,854 167,965 SH   SOLE 74,680 0 93,285
FERRO CORP COM 315405100 2,856 260,866 SH   SOLE 260,866 0 0
FIDUS INVT CORP COM 316500107 3,078 223,350 SH   SOLE 218,400 0 4,950
FIFTH STREET FINANCE CORP COM 31678A103 729 118,185 SH   SOLE 118,185 0 0
FIFTH THIRD BANCORP COM 316773100 3,026 160,000 SH   SOLE 160,000 0 0
FIRST BUS FINL SVCS INC WIS COM 319390100 991 42,125 SH   SOLE 42,125 0 0
FIRST NBC BK HLDG CO COM 32115d106 925 26,391 SH   SOLE 26,391 0 0
GAIN CAP HLDGS INC COM 36268w100 705 96,819 SH   SOLE 96,819 0 0
GALENA BIOPHARMA INC COM 363256108 17 10,640 SH   SOLE 10,640 0 0
GAMESTOP CORP NEW CL A 36467w109 418 10,139 SH   SOLE 9,989 0 150
GENERAL ELECTRIC CO COM 369604103 11,180 443,313 SH   SOLE 255,580 0 187,733
GENUINE PARTS CO COM 372460105 428 5,158 SH   SOLE 5,158 0 0
GENWORTH FINL INC COM CL A 37247d106 924 200,000 SH   SOLE 200,000 0 0
GLOBAL BRASS & COPPR HLDGS I COM 37953g103 714 34,827 SH   SOLE 34,827 0 0
GOLUB CAP BDC INC COM 38173M102 810 50,675 SH   SOLE 50,675 0 0
GREEN BANCORP INC COM 39260x100 856 74,652 SH   SOLE 74,652 0 0
HALLIBURTON CO COM 406216101 256 7,237 SH   SOLE 6,539 0 698
HANOVER INS GROUP INC COM 410867105 692 8,903 SH   SOLE 8,903 0 0
HEARTLAND FINL USA INC COM 42234q102 987 27,203 SH   SOLE 27,203 0 0
HOLLYFRONTIER CORP COM 436106108 2,197 44,975 SH   SOLE 34,775 0 10,200
HOME DEPOT INC COM 437076102 4,270 36,973 SH   SOLE 13,147 0 23,826
HOMESTREET INC COM 43785v102 1,880 81,385 SH   SOLE 81,385 0 0
IBERIABANK CORP COM 450828108 1,425 24,477 SH   SOLE 18,342 0 6,135
INNERWORKINGS INC COM 45773y105 322 51,565 SH   SOLE 51,565 0 0
INSTEEL INDUSTRIES INC COM 45774w108 1,870 116,270 SH   SOLE 116,270 0 0
INTEL CORP COM 458140100 6,940 230,269 SH   SOLE 101,229 0 129,040
INTERCLOUD SYS INC *W EXP 08/25/201 458488111 18 10,090 SH   SOLE 10,090 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 7,354 50,728 SH   SOLE 25,898 0 24,830
IXYS CORP COM 46600W106 1,194 106,950 SH   SOLE 106,950 0 0
JABIL CIRCUIT INC COM 466313103 6,725 300,638 SH   SOLE 300,638 0 0
JOHNSON & JOHNSON COM 478160104 12,791 137,021 SH   SOLE 86,171 0 50,850
JPMORGAN CHASE & CO COM 46625H100 9,600 157,452 SH   SOLE 140,117 0 17,335
KAPSTONE PAPER & PACKAGING C COM 48562P103 835 50,567 SH   SOLE 50,567 0 0
KIMBERLY CLARK CORP COM 494368103 393 3,602 SH   SOLE 3,602 0 0
LA Z BOY INC COM 505336107 849 31,982 SH   SOLE 31,982 0 0
LADDER CAP CORP CL A 505743104 1,722 120,268 SH   SOLE 120,268 0 0
LANDEC CORP COM 514766104 876 75,097 SH   SOLE 75,097 0 0
LINCOLN NATL CORP IND COM 534187109 7,594 160,000 SH   SOLE 160,000 0 0
LIONBRIDGE TECHNOLOGIES INC COM 536252109 682 138,088 SH   SOLE 138,088 0 0
LOCKHEED MARTIN CORP COM 539830109 6,054 29,201 SH   SOLE 22,700 0 6,501
MCDONALDS CORP COM 580135101 5,126 52,020 SH   SOLE 42,720 0 9,300
MEDTRONIC PLC SHS G5960L103 349 5,220 SH   SOLE 5,220 0 0
MERCK & CO INC NEW COM 58933Y105 542 10,982 SH   SOLE 10,982 0 0
METHODE ELECTRS INC COM 591520200 886 27,763 SH   SOLE 27,763 0 0
MICROSOFT CORP COM 594918104 12,656 285,941 SH   SOLE 144,746 0 141,195
MRC GLOBAL INC COM 55345K103 1,869 167,607 SH   SOLE 167,607 0 0
NATIONAL GRID PLC SPON ADR NEW 636274300 2,669 38,325 SH   SOLE 30,735 0 7,590
NATIONAL OILWELL VARCO INC COM 637071101 2,048 54,386 SH   SOLE 43,307 0 11,079
NEFF CORP COM CL A 640094207 532 95,224 SH   SOLE 95,224 0 0
NEW MTN FIN CORP COM 647551100 804 59,125 SH   SOLE 59,125 0 0
NOBLE CORP PLC SHS USD G65431101 147 13,494 SH   SOLE 13,494 0 0
NORFOLK SOUTHERN CORP COM 655844108 3,805 49,800 SH   SOLE 0 0 49,800
NOVARTIS A G SPONSORED ADR 66987v109 6,656 72,415 SH   SOLE 34,300 0 38,115
NUCOR CORP COM 670346105 808 21,516 SH   SOLE 20,466 0 1,050
OLD NATL BANCORP IND COM 680033107 220 15,785 SH   SOLE 15,785 0 0
ON SEMICONDUCTOR CORP COM 682189105 3,730 396,800 SH   SOLE 396,800 0 0
ORACLE CORP COM 68389X105 679 18,812 SH   SOLE 17,217 0 1,595
ORBOTECH LTD ORD M75253100 1,249 80,847 SH   SOLE 80,847 0 0
OUTERWALL INC COM 690070107 1,139 20,011 SH   SOLE 19,911 0 100
OWENS ILL INC COM NEW 690768403 4,144 200,000 SH   SOLE 200,000 0 0
PACIFIC CONTINENTAL CORP COM 69412v108 935 70,272 SH   SOLE 70,272 0 0
PACIFIC PREMIER BANCORP COM 69478x105 958 47,127 SH   SOLE 47,127 0 0
PARK OHIO HLDGS CORP COM 700666100 2,309 80,000 SH   SOLE 80,000 0 0
PAYCHEX INC COM 704326107 432 9,069 SH   SOLE 8,894 0 175
PEOPLES BANCORP INC COM 709789101 976 46,956 SH   SOLE 46,956 0 0
PEPSICO INC COM 713448108 4,410 46,762 SH   SOLE 38,861 0 7,901
PFIZER INC COM 717081103 10,017 318,911 SH   SOLE 171,076 0 147,835
PHILIP MORRIS INTL INC COM 718172109 1,394 17,567 SH   SOLE 16,517 0 1,050
PNC FINL SVCS GROUP INC COM 693475105 4,656 52,201 SH   SOLE 41,121 0 11,080
PPL CORP COM 69351t106 4,993 151,801 SH   SOLE 123,356 0 28,445
PRAXAIR INC COM 74005P104 788 7,738 SH   SOLE 7,558 0 180
PREMIERE GLOBAL SVCS INC COM 740585104 2,394 174,217 SH   SOLE 174,217 0 0
PROCTER & GAMBLE CO COM 742718109 9,971 138,598 SH   SOLE 80,723 0 57,875
PROSPECT CAPITAL CORPORATION COM 74348T102 428 60,000 SH   SOLE 60,000 0 0
RADNET INC COM 750491102 795 143,325 SH   SOLE 143,325 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 4,224 85,111 SH   SOLE 75,926 0 9,185
REPUBLIC SVCS INC COM 760759100 1,344 32,627 SH   SOLE 30,532 0 2,095
ROCKY BRANDS INC COM 774515100 801 56,449 SH   SOLE 56,449 0 0
RPM INTL INC COM 749685103 1,853 44,239 SH   SOLE 44,239 0 0
SCHLUMBERGER LTD COM 806857108 323 4,680 SH   SOLE 4,680 0 0
SERVICE CORP INTL COM 817565104 248 9,159 SH   SOLE 9,159 0 0
SHUTTERFLY INC COM 82568P304 779 21,783 SH   SOLE 21,783 0 0
SONOCO PRODS CO COM 835495102 359 9,520 SH   SOLE 9,520 0 0
SOUTHERN CO COM 842587107 7,138 159,684 SH   SOLE 82,799 0 76,885
STELLUS CAP INVT CORP COM 858568108 2,814 279,436 SH   SOLE 270,436 0 9,000
SUNTRUST BKS INC COM 867914103 1,268 33,150 SH   SOLE 3,150 0 30,000
SYNAPTICS INC COM 87157D109 1,221 14,812 SH   SOLE 14,812 0 0
SYNNEX CORP COM 87162W100 1,001 11,769 SH   SOLE 11,769 0 0
TARGET CORP COM 87612e106 5,908 75,110 SH   SOLE 59,425 0 15,685
TCP CAP CORP COM 87238q103 1,367 100,806 SH   SOLE 100,806 0 0
TENNECO INC COM 880349105 3,582 80,000 SH   SOLE 80,000 0 0
THL CR INC COM 872438106 2,685 245,893 SH   SOLE 245,893 0 0
TITAN INTL INC ILL COM 88830m102 264 40,000 SH   SOLE 40,000 0 0
TIVO INC COM 888706108 1,357 156,658 SH   SOLE 156,658 0 0
TOWER INTL INC COM 891826109 794 33,402 SH   SOLE 33,402 0 0
TOWERS WATSON & CO CL A 891894107 2,029 17,289 SH   SOLE 17,289 0 0
TRIANGLE CAP CORP COM 895848109 2,687 163,027 SH   SOLE 163,027 0 0
TRICO BANCSHARES COM 896095106 944 38,413 SH   SOLE 38,413 0 0
TRIUMPH GROUP INC NEW COM 896818101 679 16,127 SH   SOLE 16,127 0 0
TWO HBRS INVT CORP COM 90187B101 756 85,680 SH   SOLE 85,680 0 0
U M H PROPERTIES INC COM 903002103 733 78,785 SH   SOLE 78,785 0 0
UNIFI INC COM NEW 904677200 596 20,000 SH   SOLE 20,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106 487 4,930 SH   SOLE 4,930 0 0
UNITED TECHNOLOGIES CORP COM 913017109 330 3,709 SH   SOLE 3,709 0 0
US BANCORP DEL COM NEW 902973304 10,347 252,310 SH   SOLE 165,810 0 86,500
V F CORP COM 918204108 374 5,488 SH   SOLE 4,472 0 1,016
VANGUARD STAR FD VG TL INTL STK F 921909768 5,188 117,050 SH   SOLE 117,050 0 0
VERIFONE SYS INC COM 92342Y109 3,193 115,155 SH   SOLE 115,155 0 0
WAL-MART STORES INC COM 931142103 3,039 46,865 SH   SOLE 36,915 0 9,950
WASTE MGMT INC DEL COM 94106l109 447 8,965 SH   SOLE 8,965 0 0
WELLS FARGO & CO NEW COM 949746101 9,172 178,618 SH   SOLE 150,973 0 27,645
WELLTOWER INC COM 95040Q104 2,780 41,058 SH   SOLE 32,683 0 8,375
WESTROCK CO COM 96145d105 6,981 135,703 SH   SOLE 135,703 0 0
WHITEHORSE FIN INC COM 96524v106 133 11,400 SH   SOLE 11,400 0 0
WILEY JOHN & SONS INC CL A 968223206 1,228 24,550 SH   SOLE 24,550 0 0
WINTRUST FINL CORP COM 97650W108 1,525 28,548 SH   SOLE 28,548 0 0
XCERRA CORP COM 98400j108 602 95,810 SH   SOLE 95,810 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416j118 1,518 116,960 SH   SOLE 116,960 0 0
YUM BRANDS INC COM 988498101 298 3,724 SH   SOLE 3,724 0 0