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 7,929 44,400 SH   SOLE 22,535 0 21,865
AES CORP COM 00130h105 1,859 160,000 SH   SOLE 160,000 0 0
AFLAC INC COM 001055102 291 4,182 SH   SOLE 4,182 0 0
AGNC INVT CORP COM 00123Q104 544 30,000 SH   SOLE 30,000 0 0
ALCENTRA CAP CORP COM 01374t102 734 61,300 SH   SOLE 61,300 0 0
ALTRIA GROUP INC COM 02209s103 552 8,159 SH   SOLE 8,159 0 0
AMAG PHARMACEUTICALS INC COM 00163u106 569 16,345 SH   SOLE 16,345 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553e106 561 36,992 SH   SOLE 34,087 0 2,905
AMERICAN EXPRESS CO COM 025816109 9,597 129,552 SH   SOLE 83,142 0 46,410
AMERICAN INTL GROUP INC COM NEW 026874784 3,150 48,236 SH   SOLE 38,506 0 9,730
ANNALY CAP MGMT INC COM 035710409 6,403 642,180 SH   SOLE 504,650 0 137,530
ANTHEM INC COM 036752103 4,431 30,818 SH   SOLE 24,623 0 6,195
APPLE INC COM 037833100 6,125 52,886 SH   SOLE 15,039 0 37,847
ARES CAP CORP COM 04010l103 1,508 91,475 SH   SOLE 91,475 0 0
ARES COML REAL ESTATE CORP COM 04013v108 3,196 232,810 SH   SOLE 232,810 0 0
ARRIS INTL INC SHS g0551a103 760 25,215 SH   SOLE 25,215 0 0
ASCENA RETAIL GROUP INC COM 04351g101 374 60,445 SH   SOLE 60,445 0 0
AT&T INC COM 00206r102 10,401 244,546 SH   SOLE 140,501 0 104,045
ATLAS FINANCIAL HOLDINGS INC SHS NEW G06207115 482 26,730 SH   SOLE 26,730 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 3,628 35,300 SH   SOLE 4,100 0 31,200
AVNET INC COM 053807103 4,761 100,000 SH   SOLE 100,000 0 0
BANK AMER CORP COM 060505104 7,035 318,329 SH   SOLE 318,329 0 0
BECTON DICKINSON & CO COM 075887109 8,327 50,296 SH   SOLE 24,489 0 25,807
BGC PARTNERS INC CL A 05541t101 1,278 124,880 SH   SOLE 124,880 0 0
BLACKROCK INC COM 09247x101 8,409 22,098 SH   SOLE 12,672 0 9,426
BNC BANCORP COM 05566t101 226 7,090 SH   SOLE 7,090 0 0
BP PLC SPONSORED ADR 055622104 502 13,421 SH   SOLE 13,421 0 0
BROWN & BROWN INC COM 115236101 2,475 55,175 SH   SOLE 55,175 0 0
CAI INTERNATIONAL INC COM 12477x106 712 82,065 SH   SOLE 82,065 0 0
CARDTRONICS PLC SHS CL A g1991c105 318 5,825 SH   SOLE 5,825 0 0
CASELLA WASTE SYS INC CL A 147448104 1,052 84,735 SH   SOLE 84,735 0 0
CATERPILLAR INC DEL COM 149123101 7,243 78,095 SH   SOLE 39,990 0 38,105
CATHAY GEN BANCORP COM 149150104 743 19,550 SH   SOLE 19,550 0 0
CELADON GROUP INC COM 150838100 367 51,330 SH   SOLE 51,330 0 0
CF INDS HLDGS INC COM 125269100 3,821 121,364 SH   SOLE 96,224 0 25,140
CHEVRON CORP NEW COM 166764100 9,100 77,314 SH   SOLE 43,613 0 33,701
CHICAGO BRIDGE & IRON CO N V COM 167250109 1,270 40,000 SH   SOLE 40,000 0 0
CHIMERA INVT CORP COM NEW 16934q208 1,358 79,800 SH   SOLE 79,800 0 0
CHINA GREEN AGRICULTURE INC COM 16943w105 72 60,000 SH   SOLE 60,000 0 0
CHUBB LIMITED COM H1467J104 4,230 32,016 SH   SOLE 25,681 0 6,335
CISCO SYS INC COM 17275r102 7,992 264,457 SH   SOLE 134,992 0 129,465
CITIGROUP INC COM NEW 172967424 5,349 90,000 SH   SOLE 90,000 0 0
CITRIX SYS INC COM 177376100 3,885 43,501 SH   SOLE 34,648 0 8,853
CME GROUP INC COM 12572q105 5,836 50,598 SH   SOLE 40,073 0 10,525
COCA COLA CO COM 191216100 4,921 118,687 SH   SOLE 38,351 0 80,336
COLONY CAP INC CL A 19624r106 1,496 73,887 SH   SOLE 73,887 0 0
COMCAST CORP NEW CL A 20030n101 5,812 84,169 SH   SOLE 12,584 0 71,585
CONNECTONE BANCORP INC NEW COM 20786w107 290 11,185 SH   SOLE 11,185 0 0
COOPER TIRE & RUBR CO COM 216831107 656 16,895 SH   SOLE 16,895 0 0
COVANTA HLDG CORP COM 22282e102 2,752 176,415 SH   SOLE 176,415 0 0
CRACKER BARREL OLD CTRY STOR COM 22410j106 1,414 8,468 SH   SOLE 8,468 0 0
CVS HEALTH CORP COM 126650100 7,277 92,219 SH   SOLE 68,569 0 23,650
DISNEY WALT CO COM DISNEY 254687106 7,767 74,528 SH   SOLE 42,428 0 32,100
DIXIE GROUP INC CL A 255519100 454 126,000 SH   SOLE 126,000 0 0
DOW CHEM CO COM 260543103 7,266 126,987 SH   SOLE 58,382 0 68,605
DUKE ENERGY CORP NEW COM NEW 26441C204 3,554 45,784 SH   SOLE 37,084 0 8,700
EMERSON ELEC CO COM 291011104 509 9,135 SH   SOLE 9,135 0 0
EVERBANK FINL CORP COM 29977g102 646 33,220 SH   SOLE 33,220 0 0
EXPRESS SCRIPTS HLDG CO COM 30219g108 6,329 92,004 SH   SOLE 75,284 0 16,720
EXXON MOBIL CORP COM 30231g102 14,083 156,032 SH   SOLE 93,106 0 62,926
FEDERATED INVS INC PA CL B 314211103 5,279 186,655 SH   SOLE 85,455 0 101,200
FEDEX CORP COM 31428x106 205 1,100 SH   SOLE 1,100 0 0
FERRO CORP COM 315405100 3,062 213,685 SH   SOLE 213,685 0 0
FIDUS INVT CORP COM 316500107 2,624 166,830 SH   SOLE 161,880 0 4,950
FIFTH THIRD BANCORP COM 316773100 3,776 140,000 SH   SOLE 140,000 0 0
FIRST BUS FINL SVCS INC WIS COM 319390100 833 35,120 SH   SOLE 35,120 0 0
GAIN CAP HLDGS INC COM 36268w100 210 31,840 SH   SOLE 31,840 0 0
GAMESTOP CORP NEW CL A 36467w109 3,410 134,993 SH   SOLE 116,843 0 18,150
GENERAL ELECTRIC CO COM 369604103 13,293 420,656 SH   SOLE 238,848 0 181,808
GENUINE PARTS CO COM 372460105 547 5,727 SH   SOLE 5,727 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733w105 417 10,830 SH   SOLE 10,830 0 0
GLOBAL BRASS & COPPR HLDGS I COM 37953g103 329 9,605 SH   SOLE 9,605 0 0
GREEN BANCORP INC COM 39260x100 531 34,950 SH   SOLE 34,950 0 0
HALLIBURTON CO COM 406216101 396 7,320 SH   SOLE 6,815 0 505
HANESBRANDS INC COM 410345102 2,981 138,200 SH   SOLE 107,600 0 30,600
HANOVER INS GROUP INC COM 410867105 290 3,185 SH   SOLE 3,185 0 0
HEARTLAND FINL USA INC COM 42234q102 594 12,380 SH   SOLE 12,380 0 0
HERCULES CAPITAL INC COM 427096508 584 41,400 SH   SOLE 41,400 0 0
HOLLYFRONTIER CORP COM 436106108 4,614 140,850 SH   SOLE 111,445 0 29,405
HOME DEPOT INC COM 437076102 5,695 42,474 SH   SOLE 17,938 0 24,536
IBERIABANK CORP COM 450828108 817 9,755 SH   SOLE 9,755 0 0
INNERWORKINGS INC COM 45773y105 508 51,565 SH   SOLE 51,565 0 0
INTEGER HLDGS CORP COM 45826H109 2,672 90,730 SH   SOLE 90,730 0 0
INTEL CORP COM 458140100 9,530 262,744 SH   SOLE 130,829 0 131,915
INTELIQUENT INC COM 45825N107 919 40,075 SH   SOLE 40,075 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 8,337 50,225 SH   SOLE 25,988 0 24,237
IXYS CORP COM 46600w106 462 38,865 SH   SOLE 38,865 0 0
JABIL CIRCUIT INC COM 466313103 4,928 208,185 SH   SOLE 208,185 0 0
JOHNSON & JOHNSON COM 478160104 13,094 113,652 SH   SOLE 69,817 0 43,835
JPMORGAN CHASE & CO COM 46625h100 13,420 155,517 SH   SOLE 135,208 0 20,309
KAPSTONE PAPER & PACKAGING C COM 48562p103 349 15,815 SH   SOLE 15,815 0 0
KIMBERLY CLARK CORP COM 494368103 464 4,062 SH   SOLE 4,062 0 0
LA Z BOY INC COM 505336107 691 22,270 SH   SOLE 22,270 0 0
LADDER CAP CORP CL A 505743104 2,541 185,240 SH   SOLE 185,240 0 0
LANDEC CORP COM 514766104 393 28,505 SH   SOLE 28,505 0 0
LINCOLN NATL CORP IND COM 534187109 7,952 120,000 SH   SOLE 120,000 0 0
LIONBRIDGE TECHNOLOGIES INC COM 536252109 1,865 321,595 SH   SOLE 321,595 0 0
LOCKHEED MARTIN CORP COM 539830109 3,078 12,313 SH   SOLE 9,893 0 2,420
M & T BK CORP COM 55261f104 1,768 11,300 SH   SOLE 0 0 11,300
MARCHEX INC CL B 56624r108 165 62,140 SH   SOLE 62,140 0 0
MCDONALDS CORP COM 580135101 978 8,035 SH   SOLE 8,035 0 0
MEDTRONIC PLC SHS g5960l103 276 3,870 SH   SOLE 3,870 0 0
MERCK & CO INC COM 58933y105 647 10,992 SH   SOLE 10,992 0 0
METHODE ELECTRS INC COM 591520200 483 11,670 SH   SOLE 11,670 0 0
MICROSOFT CORP COM 594918104 12,170 195,847 SH   SOLE 99,987 0 95,860
MODINE MFG CO COM 607828100 292 19,610 SH   SOLE 19,610 0 0
MRC GLOBAL INC COM 55345k103 1,013 50,010 SH   SOLE 50,010 0 0
NATIONAL GRID PLC SPON ADR NEW 636274300 392 6,715 SH   SOLE 6,715 0 0
NATIONAL OILWELL VARCO INC COM 637071101 2,884 77,035 SH   SOLE 60,885 0 16,150
NEW MEDIA INVT GROUP INC COM 64704v106 879 55,000 SH   SOLE 55,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 5,058 46,800 SH   SOLE 0 0 46,800
NOVARTIS A G SPONSORED ADR 66987v109 6,768 92,917 SH   SOLE 48,407 0 44,510
NUCOR CORP COM 670346105 348 5,855 SH   SOLE 5,855 0 0
OFS CAP CORP COM 67103b100 917 66,629 SH   SOLE 66,629 0 0
OLD NATL BANCORP IND COM 680033107 286 15,785 SH   SOLE 15,785 0 0
ON SEMICONDUCTOR CORP COM 682189105 4,298 336,800 SH   SOLE 336,800 0 0
ORACLE CORP COM 68389x105 882 22,947 SH   SOLE 21,152 0 1,795
OWENS ILL INC COM NEW 690768403 4,178 240,000 SH   SOLE 240,000 0 0
PACIFIC CONTINENTAL CORP COM 69412v108 590 27,015 SH   SOLE 27,015 0 0
PACIFIC PREMIER BANCORP COM 69478x105 234 6,615 SH   SOLE 6,615 0 0
PARK OHIO HLDGS CORP COM 700666100 3,834 90,000 SH   SOLE 90,000 0 0
PAYCHEX INC COM 704326107 505 8,294 SH   SOLE 8,119 0 175
PEOPLES BANCORP INC COM 709789101 660 20,325 SH   SOLE 20,325 0 0
PEPSICO INC COM 713448108 4,688 44,808 SH   SOLE 37,843 0 6,965
PFIZER INC COM 717081103 10,417 320,706 SH   SOLE 176,829 0 143,877
PHILIP MORRIS INTL INC COM 718172109 1,377 15,055 SH   SOLE 14,520 0 535
PNC FINL SVCS GROUP INC COM 693475105 4,528 38,718 SH   SOLE 31,138 0 7,580
PPL CORP COM 69351t106 5,041 148,051 SH   SOLE 122,306 0 25,745
PRAXAIR INC COM 74005p104 811 6,918 SH   SOLE 6,828 0 90
PROCTER AND GAMBLE CO COM 742718109 8,199 97,520 SH   SOLE 48,770 0 48,750
RADNET INC COM 750491102 308 47,810 SH   SOLE 47,810 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 3,943 56,917 SH   SOLE 48,517 0 8,400
REPUBLIC SVCS INC COM 760759100 1,047 18,357 SH   SOLE 17,587 0 770
RPM INTL INC COM 749685103 1,855 34,454 SH   SOLE 34,454 0 0
SCHLUMBERGER LTD COM 806857108 301 3,580 SH   SOLE 3,580 0 0
SERVICE CORP INTL COM 817565104 260 9,159 SH   SOLE 9,159 0 0
SHUTTERFLY INC COM 82568p304 206 4,100 SH   SOLE 4,100 0 0
SONOCO PRODS CO COM 835495102 579 10,990 SH   SOLE 10,990 0 0
SOUTHERN CO COM 842587107 8,321 169,158 SH   SOLE 85,943 0 83,215
STAGE STORES INC COM NEW 85254c305 116 26,615 SH   SOLE 26,615 0 0
STELLUS CAP INVT CORP COM 858568108 2,237 185,463 SH   SOLE 185,463 0 0
STERICYCLE INC COM 858912108 4,382 56,880 SH   SOLE 45,578 0 11,302
STIFEL FINL CORP COM 860630102 4,774 95,570 SH   SOLE 95,570 0 0
SUNTRUST BKS INC COM 867914103 1,703 31,040 SH   SOLE 1,040 0 30,000
SYNAPTICS INC COM 87157d109 320 5,965 SH   SOLE 5,965 0 0
TARGET CORP COM 87612e106 5,324 73,707 SH   SOLE 59,367 0 14,340
TCP CAP CORP COM 87238q103 1,004 59,400 SH   SOLE 59,400 0 0
TENNECO INC COM 880349105 4,998 80,000 SH   SOLE 80,000 0 0
THL CR INC COM 872438106 3,034 303,082 SH   SOLE 303,082 0 0
TOWER INTL INC COM 891826109 3,613 127,440 SH   SOLE 127,440 0 0
TRIANGLE CAP CORP COM 895848109 2,593 141,390 SH   SOLE 141,390 0 0
TRICO BANCSHARES COM 896095106 235 6,875 SH   SOLE 6,875 0 0
TRIPLEPOINT VENTURE GROWTH B COM 89677y100 594 50,400 SH   SOLE 50,400 0 0
UMH PPTYS INC COM 903002103 388 25,754 SH   SOLE 25,754 0 0
UNIFI INC COM NEW 904677200 337 10,330 SH   SOLE 10,330 0 0
UNITED PARCEL SERVICE INC CL B 911312106 565 4,930 SH   SOLE 4,930 0 0
UNITED TECHNOLOGIES CORP COM 913017109 245 2,239 SH   SOLE 2,239 0 0
US BANCORP DEL COM NEW 902973304 9,919 193,080 SH   SOLE 108,880 0 84,200
V F CORP COM 918204108 476 8,927 SH   SOLE 8,101 0 826
VERIFONE SYS INC COM 92342y109 1,984 111,920 SH   SOLE 111,920 0 0
WAL-MART STORES INC COM 931142103 7,877 113,968 SH   SOLE 69,755 0 44,213
WASTE MGMT INC DEL COM 94106l109 659 9,295 SH   SOLE 9,295 0 0
WELLS FARGO & CO NEW COM 949746101 6,861 124,498 SH   SOLE 107,098 0 17,400
WELLTOWER INC COM 95040q104 4,259 63,631 SH   SOLE 50,556 0 13,075
WESTERN DIGITAL CORP COM 958102105 10,682 157,209 SH   SOLE 92,409 0 64,800
WESTROCK CO COM 96145d105 7,124 140,310 SH   SOLE 140,310 0 0
WHITEHORSE FIN INC COM 96524v106 207 17,025 SH   SOLE 17,025 0 0
WILLIS TOWERS WATSON PUB LTD SHS g96629103 610 4,985 SH   SOLE 4,985 0 0
WINTRUST FINL CORP COM 97650w108 593 8,165 SH   SOLE 8,165 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416j118 384 68,400 SH   SOLE 68,400 0 0
YUM BRANDS INC COM 988498101 215 3,394 SH   SOLE 3,394 0 0