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
3M CO COM 88579y101 7,111 42,673 SH   SOLE 20,542 0 22,131
AAR CORP COM 000361105 5,352 230,000 SH   SOLE 230,000 0 0
AES CORP COM 00130h105 2,360 200,000 SH   SOLE 200,000 0 0
AFLAC INC COM 001055102 265 4,202 SH   SOLE 4,202 0 0
AGL RES INC COM 001204106 3,873 59,452 SH   SOLE 6,352 0 53,100
ALCENTRA CAP CORP COM 01374t102 597 51,300 SH   SOLE 51,300 0 0
ALLSTATE CORP COM 020002101 4,724 70,119 SH   SOLE 55,846 0 14,273
ALTRIA GROUP INC COM 02209s103 594 9,474 SH   SOLE 9,474 0 0
AMAG PHARMACEUTICALS INC COM 00163u106 722 30,863 SH   SOLE 30,863 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503x105 652 35,000 SH   SOLE 35,000 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553e106 622 37,297 SH   SOLE 34,262 0 3,035
AMERICAN EXPRESS CO COM 025816109 6,315 102,848 SH   SOLE 60,210 0 42,638
AMERICAN INTL GROUP INC COM NEW 026874784 2,694 49,840 SH   SOLE 39,471 0 10,369
ANNALY CAP MGMT INC COM 035710409 5,091 496,170 SH   SOLE 387,665 0 108,505
ANTHEM INC COM 036752103 4,444 31,976 SH   SOLE 25,268 0 6,708
APPLE INC COM 037833100 5,285 48,490 SH   SOLE 10,618 0 37,872
ARES CAP CORP COM 04010l103 1,357 91,475 SH   SOLE 91,475 0 0
ARES COML REAL ESTATE CORP COM 04013v108 3,319 303,069 SH   SOLE 303,069 0 0
ARRIS INTL INC SHS g0551a103 1,296 56,541 SH   SOLE 56,541 0 0
ASCENA RETAIL GROUP INC COM 04351g101 1,774 160,387 SH   SOLE 160,387 0 0
AT&T INC COM 00206r102 9,389 239,699 SH   SOLE 133,226 0 106,473
AUTOMATIC DATA PROCESSING IN COM 053015103 2,799 31,200 SH   SOLE 0 0 31,200
AVNET INC COM 053807103 5,316 120,000 SH   SOLE 120,000 0 0
BANK AMER CORP COM 060505104 4,661 344,745 SH   SOLE 344,745 0 0
BECTON DICKINSON & CO COM 075887109 8,263 54,425 SH   SOLE 26,908 0 27,517
BGC PARTNERS INC CL A 05541t101 1,311 144,880 SH   SOLE 144,880 0 0
BLACKROCK INC COM 09247x101 7,357 21,602 SH   SOLE 11,933 0 9,669
BNC BANCORP COM 05566t101 799 37,849 SH   SOLE 37,849 0 0
BP PLC SPONSORED ADR 055622104 265 8,771 SH   SOLE 8,771 0 0
BROWN & BROWN INC COM 115236101 3,594 100,405 SH   SOLE 100,405 0 0
CAI INTERNATIONAL INC COM 12477x106 3,746 387,741 SH   SOLE 387,741 0 0
CARDTRONICS INC COM 14161h108 716 19,900 SH   SOLE 19,900 0 0
CASELLA WASTE SYS INC CL A 147448104 1,590 237,327 SH   SOLE 237,327 0 0
CATERPILLAR INC DEL COM 149123101 6,733 87,970 SH   SOLE 46,617 0 41,353
CATHAY GEN BANCORP COM 149150104 1,033 36,446 SH   SOLE 36,446 0 0
CELADON GROUP INC COM 150838100 1,704 162,550 SH   SOLE 162,550 0 0
CHEVRON CORP NEW COM 166764100 7,177 75,226 SH   SOLE 40,750 0 34,476
CHIMERA INVT CORP COM NEW 16934q208 1,084 79,800 SH   SOLE 79,800 0 0
CHINA GREEN AGRICULTURE INC COM 16943w105 81 60,000 SH   SOLE 60,000 0 0
CIBER INC COM 17163b102 399 189,097 SH   SOLE 189,097 0 0
CIRRUS LOGIC INC COM 172755100 602 16,532 SH   SOLE 16,532 0 0
CISCO SYS INC COM 17275r102 7,309 256,717 SH   SOLE 125,482 0 131,235
CITIGROUP INC COM NEW 172967424 3,758 90,000 SH   SOLE 90,000 0 0
CITRIX SYS INC COM 177376100 3,649 46,436 SH   SOLE 36,740 0 9,696
CME GROUP INC COM 12572q105 3,758 39,124 SH   SOLE 31,079 0 8,045
COCA COLA CO COM 191216100 5,628 121,324 SH   SOLE 29,088 0 92,236
COLONY CAP INC CL A 19624r106 3,015 179,807 SH   SOLE 179,807 0 0
COLUMBIA BKG SYS INC COM 197236102 1,179 39,418 SH   SOLE 39,418 0 0
COLUMBUS MCKINNON CORP N Y COM 199333105 767 48,696 SH   SOLE 48,696 0 0
COMCAST CORP NEW CL A 20030n101 5,093 83,384 SH   SOLE 11,299 0 72,085
CONNECTONE BANCORP INC NEW COM 20786w107 596 36,428 SH   SOLE 36,428 0 0
COOPER TIRE & RUBR CO COM 216831107 677 18,295 SH   SOLE 18,295 0 0
CORNING INC COM 219350105 274 13,115 SH   SOLE 13,115 0 0
COVANTA HLDG CORP COM 22282e102 4,080 241,972 SH   SOLE 241,972 0 0
CRACKER BARREL OLD CTRY STOR COM 22410j106 1,598 10,468 SH   SOLE 10,468 0 0
CVS HEALTH CORP COM 126650100 9,878 95,226 SH   SOLE 52,680 0 42,546
DISNEY WALT CO COM DISNEY 254687106 5,741 57,805 SH   SOLE 28,110 0 29,695
DIXIE GROUP INC CL A 255519100 824 195,632 SH   SOLE 195,632 0 0
DOW CHEM CO COM 260543103 6,100 119,945 SH   SOLE 50,310 0 69,635
DUKE ENERGY CORP NEW COM NEW 26441C204 3,295 40,846 SH   SOLE 31,466 0 9,380
EMERSON ELEC CO COM 291011104 384 7,055 SH   SOLE 7,055 0 0
EVERBANK FINL CORP COM 29977g102 1,389 92,017 SH   SOLE 92,017 0 0
EXPRESS SCRIPTS HLDG CO COM 30219g108 7,685 111,875 SH   SOLE 90,485 0 21,390
EXXON MOBIL CORP COM 30231g102 12,688 151,784 SH   SOLE 87,221 0 64,563
FEDERATED INVS INC PA CL B 314211103 5,066 175,615 SH   SOLE 74,330 0 101,285
FERRO CORP COM 315405100 3,862 325,396 SH   SOLE 325,396 0 0
FIDUS INVT CORP COM 316500107 3,519 226,910 SH   SOLE 221,960 0 4,950
FIFTH THIRD BANCORP COM 316773100 2,670 160,000 SH   SOLE 160,000 0 0
FIRST BUS FINL SVCS INC WIS COM 319390100 1,057 46,102 SH   SOLE 46,102 0 0
FIRST NBC BK HLDG CO COM 32115d106 511 24,841 SH   SOLE 24,841 0 0
GAIN CAP HLDGS INC COM 36268w100 782 119,149 SH   SOLE 119,149 0 0
GALENA BIOPHARMA INC COM 363256108 14 10,640 SH   SOLE 10,640 0 0
GAMESTOP CORP NEW CL A 36467w109 319 10,054 SH   SOLE 9,904 0 150
GENERAL ELECTRIC CO COM 369604103 13,726 431,756 SH   SOLE 245,458 0 186,298
GENUINE PARTS CO COM 372460105 507 5,107 SH   SOLE 5,107 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733w105 333 8,200 SH   SOLE 8,200 0 0
GLOBAL BRASS & COPPR HLDGS I COM 37953g103 807 32,342 SH   SOLE 32,342 0 0
GREEN BANCORP INC COM 39260x100 532 70,256 SH   SOLE 70,256 0 0
HALLIBURTON CO COM 406216101 249 6,973 SH   SOLE 6,540 0 433
HANOVER INS GROUP INC COM 410867105 746 8,268 SH   SOLE 8,268 0 0
HEARTLAND FINL USA INC COM 42234q102 799 25,938 SH   SOLE 25,938 0 0
HERCULES CAPITAL INC COM 427096508 622 51,800 SH   SOLE 51,800 0 0
HOLLYFRONTIER CORP COM 436106108 2,791 79,030 SH   SOLE 60,930 0 18,100
HOME DEPOT INC COM 437076102 4,571 34,258 SH   SOLE 10,627 0 23,631
HOMESTREET INC COM 43785v102 2,022 97,164 SH   SOLE 97,164 0 0
IBERIABANK CORP COM 450828108 904 17,637 SH   SOLE 17,637 0 0
INNERWORKINGS INC COM 45773y105 410 51,565 SH   SOLE 51,565 0 0
INSTEEL INDUSTRIES INC COM 45774w108 1,682 55,033 SH   SOLE 55,033 0 0
INTEL CORP COM 458140100 8,190 253,164 SH   SOLE 119,479 0 133,685
INTERCLOUD SYS INC COM NEW 458488202 10 10,090 SH   SOLE 10,090 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 7,657 50,555 SH   SOLE 25,858 0 24,697
IXYS CORP COM 46600w106 1,110 98,965 SH   SOLE 98,965 0 0
JABIL CIRCUIT INC COM 466313103 6,048 313,873 SH   SOLE 313,873 0 0
JOHNSON & JOHNSON COM 478160104 14,747 136,290 SH   SOLE 85,895 0 50,395
JPMORGAN CHASE & CO COM 46625h100 10,616 179,267 SH   SOLE 157,312 0 21,955
KAPSTONE PAPER & PACKAGING C COM 48562p103 724 52,253 SH   SOLE 52,253 0 0
KIMBERLY CLARK CORP COM 494368103 485 3,602 SH   SOLE 3,602 0 0
LA Z BOY INC COM 505336107 1,412 52,817 SH   SOLE 52,817 0 0
LADDER CAP CORP CL A 505743104 3,382 271,646 SH   SOLE 271,646 0 0
LANDEC CORP COM 514766104 1,007 95,938 SH   SOLE 95,938 0 0
LINCOLN NATL CORP IND COM 534187109 6,272 160,000 SH   SOLE 160,000 0 0
LIONBRIDGE TECHNOLOGIES INC COM 536252109 1,933 382,027 SH   SOLE 382,027 0 0
LOCKHEED MARTIN CORP COM 539830109 6,329 28,573 SH   SOLE 22,285 0 6,288
M & T BK CORP COM 55261f104 1,254 11,300 SH   SOLE 0 0 11,300
MARCHEX INC CL B 56624r108 863 193,989 SH   SOLE 193,989 0 0
MCDONALDS CORP COM 580135101 3,612 28,740 SH   SOLE 24,640 0 4,100
MEDTRONIC PLC SHS g5960l103 298 3,970 SH   SOLE 3,970 0 0
MERCK & CO INC NEW COM 58933y105 487 9,197 SH   SOLE 9,197 0 0
METHODE ELECTRS INC COM 591520200 1,145 39,162 SH   SOLE 39,162 0 0
MICROSOFT CORP COM 594918104 14,080 254,942 SH   SOLE 144,507 0 110,435
MRC GLOBAL INC COM 55345k103 2,640 200,887 SH   SOLE 200,887 0 0
NATIONAL GRID PLC SPON ADR NEW 636274300 2,729 38,215 SH   SOLE 30,625 0 7,590
NATIONAL OILWELL VARCO INC COM 637071101 2,542 81,722 SH   SOLE 64,540 0 17,182
NEFF CORP COM CL A 640094207 534 71,744 SH   SOLE 71,744 0 0
NORFOLK SOUTHERN CORP COM 655844108 3,896 46,800 SH   SOLE 0 0 46,800
NOVARTIS A G SPONSORED ADR 66987v109 6,434 88,816 SH   SOLE 43,571 0 45,245
NUCOR CORP COM 670346105 406 8,575 SH   SOLE 8,575 0 0
OFS CAP CORP COM 67103b100 289 22,300 SH   SOLE 22,300 0 0
OLD NATL BANCORP IND COM 680033107 192 15,785 SH   SOLE 15,785 0 0
ON SEMICONDUCTOR CORP COM 682189105 3,805 396,800 SH   SOLE 396,800 0 0
ORACLE CORP COM 68389x105 968 23,672 SH   SOLE 21,822 0 1,850
OWENS ILL INC COM NEW 690768403 4,150 260,000 SH   SOLE 260,000 0 0
PACIFIC CONTINENTAL CORP COM 69412v108 965 59,810 SH   SOLE 59,810 0 0
PACIFIC PREMIER BANCORP COM 69478x105 934 43,712 SH   SOLE 43,712 0 0
PARK OHIO HLDGS CORP COM 700666100 4,496 105,000 SH   SOLE 105,000 0 0
PAYCHEX INC COM 704326107 479 8,869 SH   SOLE 8,694 0 175
PENNANTPARK INVT CORP COM 708062104 606 100,000 SH   SOLE 100,000 0 0
PEOPLES BANCORP INC COM 709789101 1,088 55,671 SH   SOLE 55,671 0 0
PEPSICO INC COM 713448108 4,727 46,125 SH   SOLE 38,620 0 7,505
PFIZER INC COM 717081103 9,353 315,538 SH   SOLE 168,758 0 146,780
PHILIP MORRIS INTL INC COM 718172109 1,674 17,062 SH   SOLE 16,372 0 690
PIPER JAFFRAY COS COM 724078100 497 10,025 SH   SOLE 10,025 0 0
PNC FINL SVCS GROUP INC COM 693475105 4,379 51,778 SH   SOLE 40,908 0 10,870
PPL CORP COM 69351t106 5,740 150,786 SH   SOLE 122,961 0 27,825
PRAXAIR INC COM 74005p104 875 7,648 SH   SOLE 7,468 0 180
PROCTER & GAMBLE CO COM 742718109 8,209 99,737 SH   SOLE 50,162 0 49,575
RADNET INC COM 750491102 1,498 310,120 SH   SOLE 310,120 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 3,473 72,947 SH   SOLE 63,927 0 9,020
REPUBLIC SVCS INC COM 760759100 1,135 23,827 SH   SOLE 22,742 0 1,085
ROCKY BRANDS INC COM 774515100 129 10,100 SH   SOLE 10,100 0 0
RPM INTL INC COM 749685103 1,893 40,004 SH   SOLE 40,004 0 0
SCHLUMBERGER LTD COM 806857108 264 3,580 SH   SOLE 3,580 0 0
SERVICE CORP INTL COM 817565104 226 9,159 SH   SOLE 9,159 0 0
SHUTTERFLY INC COM 82568p304 950 20,478 SH   SOLE 20,478 0 0
SONOCO PRODS CO COM 835495102 462 9,520 SH   SOLE 9,520 0 0
SOUTHERN CO COM 842587107 8,278 160,024 SH   SOLE 83,394 0 76,630
STAGE STORES INC COM NEW 85254c305 1,006 124,839 SH   SOLE 124,839 0 0
STELLUS CAP INVT CORP COM 858568108 2,733 267,371 SH   SOLE 257,396 0 9,975
STIFEL FINL CORP COM 860630102 3,212 108,518 SH   SOLE 108,518 0 0
SUNTRUST BKS INC COM 867914103 1,125 31,190 SH   SOLE 1,190 0 30,000
SYNAPTICS INC COM 87157d109 863 10,818 SH   SOLE 10,818 0 0
TARGET CORP COM 87612e106 6,241 75,853 SH   SOLE 60,423 0 15,430
TCP CAP CORP COM 87238q103 1,807 121,171 SH   SOLE 121,171 0 0
TENNECO INC COM 880349105 4,378 85,000 SH   SOLE 85,000 0 0
THL CR INC COM 872438106 2,931 270,678 SH   SOLE 270,678 0 0
TIVO INC COM 888706108 1,158 121,813 SH   SOLE 121,813 0 0
TOWER INTL INC COM 891826109 1,370 50,367 SH   SOLE 50,367 0 0
TRIANGLE CAP CORP COM 895848109 3,545 172,271 SH   SOLE 172,271 0 0
TRIPLEPOINT VENTURE GROWTH B COM 89677y100 539 51,300 SH   SOLE 51,300 0 0
UBS AG LONDON BRH ETRACS MTH 2XLV 90270l842 320 20,000 SH   SOLE 20,000 0 0
UMH PPTYS INC COM 903002103 926 93,351 SH   SOLE 93,351 0 0
UNIFI INC COM NEW 904677200 458 20,000 SH   SOLE 20,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106 520 4,930 SH   SOLE 4,930 0 0
UNITED TECHNOLOGIES CORP COM 913017109 224 2,239 SH   SOLE 2,239 0 0
US BANCORP DEL COM NEW 902973304 10,226 251,930 SH   SOLE 165,430 0 86,500
V F CORP COM 918204108 445 6,871 SH   SOLE 6,067 0 804
VANGUARD STAR FD VG TL INTL STK F 921909768 5,258 117,050 SH   SOLE 117,050 0 0
VERIFONE SYS INC COM 92342y109 4,285 151,729 SH   SOLE 151,729 0 0
VIACOM INC NEW CL B 92553P201 3,081 74,640 SH   SOLE 57,640 0 17,000
WAL-MART STORES INC COM 931142103 6,354 92,773 SH   SOLE 54,735 0 38,038
WASTE MGMT INC DEL COM 94106l109 529 8,965 SH   SOLE 8,965 0 0
WELLS FARGO & CO NEW COM 949746101 8,616 178,158 SH   SOLE 150,513 0 27,645
WELLTOWER INC COM 95040q104 2,842 40,988 SH   SOLE 32,613 0 8,375
WESTERN DIGITAL CORP COM 958102105 3,642 77,101 SH   SOLE 45,181 0 31,920
WESTROCK CO COM 96145d105 5,584 143,071 SH   SOLE 143,071 0 0
WEYERHAEUSER CO COM 962166104 632 20,394 SH   SOLE 19,258 0 1,136
WHITEHORSE FIN INC COM 96524v106 177 17,025 SH   SOLE 17,025 0 0
WILEY JOHN & SONS INC CL A 968223206 1,200 24,550 SH   SOLE 24,550 0 0
WILLIS TOWERS WATSON PUB LTD SHS g96629103 592 4,985 SH   SOLE 4,985 0 0
WINTRUST FINL CORP COM 97650w108 1,380 31,113 SH   SOLE 31,113 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416j118 1,226 234,850 SH   SOLE 234,850 0 0
YUM BRANDS INC COM 988498101 305 3,724 SH   SOLE 3,724 0 0