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 8,010 45,738 SH   SOLE 23,607 0 22,131
AAR CORP COM 000361105 5,368 230,000 SH   SOLE 230,000 0 0
AES CORP COM 00130h105 2,496 200,000 SH   SOLE 200,000 0 0
AFLAC INC COM 001055102 303 4,202 SH   SOLE 4,202 0 0
AGL RES INC COM 001204106 4,545 68,892 SH   SOLE 15,792 0 53,100
ALCENTRA CAP CORP COM 01374t102 623 51,300 SH   SOLE 51,300 0 0
ALTRIA GROUP INC COM 02209s103 653 9,474 SH   SOLE 9,474 0 0
AMAG PHARMACEUTICALS INC COM 00163u106 698 29,170 SH   SOLE 29,170 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503x105 793 40,000 SH   SOLE 40,000 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553e106 607 38,107 SH   SOLE 35,072 0 3,035
AMERICAN EXPRESS CO COM 025816109 8,219 135,265 SH   SOLE 87,332 0 47,933
AMERICAN INTL GROUP INC COM NEW 026874784 2,637 49,860 SH   SOLE 39,491 0 10,369
ANNALY CAP MGMT INC COM 035710409 5,474 494,480 SH   SOLE 385,975 0 108,505
ANTHEM INC COM 036752103 4,199 31,971 SH   SOLE 25,263 0 6,708
APPLE INC COM 037833100 5,360 56,063 SH   SOLE 18,191 0 37,872
ARES CAP CORP COM 04010l103 1,299 91,475 SH   SOLE 91,475 0 0
ARES COML REAL ESTATE CORP COM 04013v108 3,532 287,395 SH   SOLE 287,395 0 0
ARRIS INTL INC SHS g0551a103 951 45,380 SH   SOLE 45,380 0 0
ASCENA RETAIL GROUP INC COM 04351g101 886 126,745 SH   SOLE 126,745 0 0
AT&T INC COM 00206r102 10,917 252,659 SH   SOLE 146,186 0 106,473
ATLAS FINANCIAL HOLDINGS INC SHS NEW G06207115 461 26,755 SH   SOLE 26,755 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 3,353 36,500 SH   SOLE 5,300 0 31,200
AVNET INC COM 053807103 4,861 120,000 SH   SOLE 120,000 0 0
BANK AMER CORP COM 060505104 4,571 344,425 SH   SOLE 344,425 0 0
BECTON DICKINSON & CO COM 075887109 10,015 59,056 SH   SOLE 31,539 0 27,517
BGC PARTNERS INC CL A 05541t101 1,262 144,880 SH   SOLE 144,880 0 0
BLACKROCK INC COM 09247x101 7,879 23,002 SH   SOLE 13,333 0 9,669
BNC BANCORP COM 05566t101 655 28,845 SH   SOLE 28,845 0 0
BP PLC SPONSORED ADR 055622104 471 13,271 SH   SOLE 13,271 0 0
BROWN & BROWN INC COM 115236101 3,264 87,115 SH   SOLE 87,115 0 0
CAI INTERNATIONAL INC COM 12477x106 2,755 367,385 SH   SOLE 367,385 0 0
CASELLA WASTE SYS INC CL A 147448104 1,347 171,570 SH   SOLE 171,570 0 0
CATERPILLAR INC DEL COM 149123101 7,088 93,495 SH   SOLE 52,142 0 41,353
CATHAY GEN BANCORP COM 149150104 864 30,650 SH   SOLE 30,650 0 0
CELADON GROUP INC COM 150838100 960 117,505 SH   SOLE 117,505 0 0
CHEVRON CORP NEW COM 166764100 8,410 80,226 SH   SOLE 45,750 0 34,476
CHIMERA INVT CORP COM NEW 16934q208 1,253 79,800 SH   SOLE 79,800 0 0
CHINA GREEN AGRICULTURE INC COM 16943w105 80 60,000 SH   SOLE 60,000 0 0
CHUBB LIMITED COM H1467J104 4,338 33,189 SH   SOLE 26,344 0 6,845
CIRRUS LOGIC INC COM 172755100 486 12,525 SH   SOLE 12,525 0 0
CISCO SYS INC COM 17275r102 7,935 276,582 SH   SOLE 145,347 0 131,235
CITIGROUP INC COM NEW 172967424 3,815 90,000 SH   SOLE 90,000 0 0
CITRIX SYS INC COM 177376100 3,707 46,281 SH   SOLE 36,585 0 9,696
CME GROUP INC COM 12572q105 5,117 52,539 SH   SOLE 41,189 0 11,350
COCA COLA CO COM 191216100 7,054 155,624 SH   SOLE 63,388 0 92,236
COLONY CAP INC CL A 19624r106 2,471 160,987 SH   SOLE 160,987 0 0
COLUMBIA BKG SYS INC COM 197236102 463 16,495 SH   SOLE 16,495 0 0
COLUMBUS MCKINNON CORP N Y COM 199333105 523 36,965 SH   SOLE 36,965 0 0
COMCAST CORP NEW CL A 20030n101 6,028 92,469 SH   SOLE 20,859 0 71,610
CONNECTONE BANCORP INC NEW COM 20786w107 436 27,785 SH   SOLE 27,785 0 0
COOPER TIRE & RUBR CO COM 216831107 546 18,295 SH   SOLE 18,295 0 0
CORNING INC COM 219350105 269 13,115 SH   SOLE 13,115 0 0
COVANTA HLDG CORP COM 22282e102 3,267 198,625 SH   SOLE 198,625 0 0
CRACKER BARREL OLD CTRY STOR COM 22410j106 1,795 10,468 SH   SOLE 10,468 0 0
CVS HEALTH CORP COM 126650100 9,695 101,261 SH   SOLE 58,715 0 42,546
DATALINK CORP COM 237934104 289 38,515 SH   SOLE 38,515 0 0
DISNEY WALT CO COM DISNEY 254687106 7,496 76,627 SH   SOLE 44,012 0 32,615
DIXIE GROUP INC CL A 255519100 670 188,185 SH   SOLE 188,185 0 0
DOW CHEM CO COM 260543103 6,571 132,180 SH   SOLE 62,545 0 69,635
DUKE ENERGY CORP NEW COM NEW 26441C204 3,483 40,601 SH   SOLE 31,221 0 9,380
EMERSON ELEC CO COM 291011104 475 9,105 SH   SOLE 9,105 0 0
EVERBANK FINL CORP COM 29977g102 1,072 72,135 SH   SOLE 72,135 0 0
EXPRESS SCRIPTS HLDG CO COM 30219g108 8,457 111,569 SH   SOLE 90,179 0 21,390
EXXON MOBIL CORP COM 30231g102 15,261 162,804 SH   SOLE 98,241 0 64,563
FEDERATED INVS INC PA CL B 314211103 5,558 193,115 SH   SOLE 91,830 0 101,285
FERRO CORP COM 315405100 3,935 294,085 SH   SOLE 294,085 0 0
FIDUS INVT CORP COM 316500107 2,966 194,205 SH   SOLE 189,255 0 4,950
FIFTH THIRD BANCORP COM 316773100 2,814 160,000 SH   SOLE 160,000 0 0
FIRST BUS FINL SVCS INC WIS COM 319390100 864 36,805 SH   SOLE 36,805 0 0
FIRST NBC BK HLDG CO COM 32115d106 344 20,495 SH   SOLE 20,495 0 0
GAIN CAP HLDGS INC COM 36268w100 602 95,290 SH   SOLE 95,290 0 0
GALENA BIOPHARMA INC COM 363256108 5 10,640 SH   SOLE 10,640 0 0
GAMESTOP CORP NEW CL A 36467w109 267 10,054 SH   SOLE 9,904 0 150
GENERAL ELECTRIC CO COM 369604103 13,574 431,191 SH   SOLE 244,893 0 186,298
GENUINE PARTS CO COM 372460105 586 5,792 SH   SOLE 5,792 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733w105 469 10,830 SH   SOLE 10,830 0 0
GLOBAL BRASS & COPPR HLDGS I COM 37953g103 667 24,450 SH   SOLE 24,450 0 0
GREEN BANCORP INC COM 39260x100 468 53,698 SH   SOLE 53,698 0 0
HALLIBURTON CO COM 406216101 322 7,108 SH   SOLE 6,675 0 433
HANOVER INS GROUP INC COM 410867105 587 6,940 SH   SOLE 6,940 0 0
HEARTLAND FINL USA INC COM 42234q102 751 21,280 SH   SOLE 21,280 0 0
HERCULES CAPITAL INC COM 427096508 643 51,800 SH   SOLE 51,800 0 0
HOLLYFRONTIER CORP COM 436106108 2,226 93,650 SH   SOLE 74,515 0 19,135
HOME DEPOT INC COM 437076102 4,382 34,318 SH   SOLE 10,687 0 23,631
HOMESTREET INC COM 43785v102 1,710 85,850 SH   SOLE 85,850 0 0
IBERIABANK CORP COM 450828108 896 14,995 SH   SOLE 14,995 0 0
INNERWORKINGS INC COM 45773y105 426 51,565 SH   SOLE 51,565 0 0
INSTEEL INDUSTRIES INC COM 45774w108 1,012 35,385 SH   SOLE 35,385 0 0
INTEL CORP COM 458140100 8,983 273,879 SH   SOLE 140,194 0 133,685
INTELIQUENT INC COM 45825N107 1,357 68,220 SH   SOLE 68,220 0 0
INTERCLOUD SYS INC COM NEW 458488202 7 10,090 SH   SOLE 10,090 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 8,093 53,320 SH   SOLE 28,623 0 24,697
IXYS CORP COM 46600w106 803 78,365 SH   SOLE 78,365 0 0
JABIL CIRCUIT INC COM 466313103 5,448 294,950 SH   SOLE 294,950 0 0
JOHNSON & JOHNSON COM 478160104 17,542 144,615 SH   SOLE 94,220 0 50,395
JPMORGAN CHASE & CO COM 46625h100 11,116 178,885 SH   SOLE 156,930 0 21,955
KAPSTONE PAPER & PACKAGING C COM 48562p103 514 39,515 SH   SOLE 39,515 0 0
KIMBERLY CLARK CORP COM 494368103 558 4,062 SH   SOLE 4,062 0 0
LA Z BOY INC COM 505336107 1,155 41,530 SH   SOLE 41,530 0 0
LADDER CAP CORP CL A 505743104 2,945 241,419 SH   SOLE 241,419 0 0
LANDEC CORP COM 514766104 779 72,405 SH   SOLE 72,405 0 0
LINCOLN NATL CORP IND COM 534187109 6,203 160,000 SH   SOLE 160,000 0 0
LIONBRIDGE TECHNOLOGIES INC COM 536252109 1,352 342,305 SH   SOLE 342,305 0 0
LOCKHEED MARTIN CORP COM 539830109 4,722 19,029 SH   SOLE 15,001 0 4,028
M & T BK CORP COM 55261f104 1,336 11,300 SH   SOLE 0 0 11,300
MARCHEX INC CL B 56624r108 491 154,380 SH   SOLE 154,380 0 0
MCDONALDS CORP COM 580135101 1,253 10,410 SH   SOLE 10,410 0 0
MEDTRONIC PLC SHS g5960l103 344 3,970 SH   SOLE 3,970 0 0
MERCK & CO INC COM 58933y105 633 10,992 SH   SOLE 10,992 0 0
METHODE ELECTRS INC COM 591520200 1,022 29,870 SH   SOLE 29,870 0 0
MICROSOFT CORP COM 594918104 13,596 265,697 SH   SOLE 155,262 0 110,435
MODINE MFG CO COM 607828100 448 50,910 SH   SOLE 50,910 0 0
MRC GLOBAL INC COM 55345k103 2,516 177,085 SH   SOLE 177,085 0 0
NATIONAL GRID PLC SPON ADR NEW 636274300 2,918 39,260 SH   SOLE 31,670 0 7,590
NATIONAL OILWELL VARCO INC COM 637071101 2,753 81,812 SH   SOLE 64,440 0 17,372
NEW MEDIA INVT GROUP INC COM 64704v106 1,979 109,535 SH   SOLE 109,535 0 0
NORFOLK SOUTHERN CORP COM 655844108 3,984 46,800 SH   SOLE 0 0 46,800
NOVARTIS A G SPONSORED ADR 66987v109 7,934 96,157 SH   SOLE 50,912 0 45,245
NUCOR CORP COM 670346105 363 7,340 SH   SOLE 7,340 0 0
OFS CAP CORP COM 67103b100 604 46,990 SH   SOLE 46,990 0 0
OLD NATL BANCORP IND COM 680033107 198 15,785 SH   SOLE 15,785 0 0
ON SEMICONDUCTOR CORP COM 682189105 3,500 396,800 SH   SOLE 396,800 0 0
ORACLE CORP COM 68389x105 983 24,027 SH   SOLE 22,177 0 1,850
OWENS ILL INC COM NEW 690768403 4,683 260,000 SH   SOLE 260,000 0 0
PACIFIC CONTINENTAL CORP COM 69412v108 741 47,160 SH   SOLE 47,160 0 0
PACIFIC PREMIER BANCORP COM 69478x105 796 33,165 SH   SOLE 33,165 0 0
PARK OHIO HLDGS CORP COM 700666100 3,111 110,000 SH   SOLE 110,000 0 0
PAYCHEX INC COM 704326107 528 8,869 SH   SOLE 8,694 0 175
PEOPLES BANCORP INC COM 709789101 1,007 46,210 SH   SOLE 46,210 0 0
PEPSICO INC COM 713448108 4,851 45,790 SH   SOLE 38,285 0 7,505
PFIZER INC COM 717081103 11,781 334,594 SH   SOLE 187,814 0 146,780
PHILIP MORRIS INTL INC COM 718172109 1,725 16,957 SH   SOLE 16,267 0 690
PNC FINL SVCS GROUP INC COM 693475105 4,204 51,658 SH   SOLE 40,788 0 10,870
PPL CORP COM 69351t106 5,744 152,146 SH   SOLE 124,321 0 27,825
PRAXAIR INC COM 74005p104 860 7,648 SH   SOLE 7,468 0 180
PROCTER & GAMBLE CO COM 742718109 8,430 99,559 SH   SOLE 49,984 0 49,575
RADNET INC COM 750491102 863 161,600 SH   SOLE 161,600 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 3,397 68,902 SH   SOLE 59,882 0 9,020
REPUBLIC SVCS INC COM 760759100 1,228 23,937 SH   SOLE 22,852 0 1,085
RPM INTL INC COM 749685103 1,848 37,004 SH   SOLE 37,004 0 0
SCHLUMBERGER LTD COM 806857108 283 3,580 SH   SOLE 3,580 0 0
SERVICE CORP INTL COM 817565104 248 9,159 SH   SOLE 9,159 0 0
SHUTTERFLY INC COM 82568p304 772 16,570 SH   SOLE 16,570 0 0
SONOCO PRODS CO COM 835495102 546 10,990 SH   SOLE 10,990 0 0
SOUTHERN CO COM 842587107 9,183 171,233 SH   SOLE 94,603 0 76,630
STAGE STORES INC COM NEW 85254c305 505 103,565 SH   SOLE 103,565 0 0
STELLUS CAP INVT CORP COM 858568108 2,572 251,158 SH   SOLE 241,183 0 9,975
STIFEL FINL CORP COM 860630102 3,267 103,870 SH   SOLE 103,870 0 0
SUNTRUST BKS INC COM 867914103 1,281 31,190 SH   SOLE 1,190 0 30,000
SYNAPTICS INC COM 87157d109 483 8,995 SH   SOLE 8,995 0 0
TARGET CORP COM 87612e106 5,303 75,952 SH   SOLE 60,522 0 15,430
TCP CAP CORP COM 87238q103 1,644 107,605 SH   SOLE 107,605 0 0
TENNECO INC COM 880349105 3,962 85,000 SH   SOLE 85,000 0 0
THL CR INC COM 872438106 2,769 248,817 SH   SOLE 248,817 0 0
TIVO INC COM 888706108 484 48,900 SH   SOLE 48,900 0 0
TOWER INTL INC COM 891826109 3,177 154,355 SH   SOLE 154,355 0 0
TRIANGLE CAP CORP COM 895848109 2,827 145,890 SH   SOLE 145,890 0 0
TRIPLEPOINT VENTURE GROWTH B COM 89677y100 640 60,400 SH   SOLE 60,400 0 0
UBS AG LONDON BRH ETRACS MTH 2XLV 90270l842 421 25,000 SH   SOLE 25,000 0 0
UMH PPTYS INC COM 903002103 804 71,479 SH   SOLE 71,479 0 0
UNIFI INC COM NEW 904677200 817 30,000 SH   SOLE 30,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106 531 4,930 SH   SOLE 4,930 0 0
UNITED TECHNOLOGIES CORP COM 913017109 230 2,239 SH   SOLE 2,239 0 0
US BANCORP DEL COM NEW 902973304 10,516 260,740 SH   SOLE 174,240 0 86,500
V F CORP COM 918204108 438 7,131 SH   SOLE 6,327 0 804
VANGUARD STAR FD VG TL INTL STK F 921909768 5,206 117,050 SH   SOLE 117,050 0 0
VERIFONE SYS INC COM 92342y109 2,647 142,780 SH   SOLE 142,780 0 0
VIACOM INC NEW CL B 92553P201 3,751 90,456 SH   SOLE 72,661 0 17,795
WAL-MART STORES INC COM 931142103 7,405 101,413 SH   SOLE 63,375 0 38,038
WASTE MGMT INC DEL COM 94106l109 616 9,295 SH   SOLE 9,295 0 0
WELLS FARGO & CO NEW COM 949746101 8,398 177,443 SH   SOLE 149,798 0 27,645
WELLTOWER INC COM 95040q104 3,109 40,818 SH   SOLE 32,443 0 8,375
WESTERN DIGITAL CORP COM 958102105 7,002 148,154 SH   SOLE 85,219 0 62,935
WESTROCK CO COM 96145d105 5,556 142,935 SH   SOLE 142,935 0 0
WHITEHORSE FIN INC COM 96524v106 184 17,025 SH   SOLE 17,025 0 0
WILLIS TOWERS WATSON PUB LTD SHS g96629103 620 4,985 SH   SOLE 4,985 0 0
WINTRUST FINL CORP COM 97650w108 1,236 24,245 SH   SOLE 24,245 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416j118 1,515 237,445 SH   SOLE 237,445 0 0
YUM BRANDS INC COM 988498101 298 3,594 SH   SOLE 3,594 0 0