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
ALLETE Common US0185223 4,390 90,900 SH   SOLE   90,000 0 0
AMERIS BANCORP Common US03076K1 38,210 2,078,874 SH   SOLE   2,076,252 0 0
ASTORIA FINANCIAL CORP Common US0462651 4,621 371,485 SH   SOLE   369,615 0 0
BNC BANCORP Common 05566T101 4,149 310,995 SH   SOLE   310,995 0 0
BROOKLINE BANCORP INC Common US11373M1 3,130 333,000 SH   SOLE   332,700 0 0
BROOKS AUTOMATION INC Common US1143401 4,710 505,959 SH   SOLE   502,269 0 0
CAMBRIDGE BANCORP Common US1321521 939 24,482 SH   SOLE   24,482 0 0
CARTER'S INC Common US1462291 6,713 88,451 SH   SOLE   87,851 0 0
CITY HOLDING CO Common US1778351 181 4,195 SH   SOLE   4,195 0 0
COLONY BANKCORP INC. Common US19623P1 2,339 399,845 SH   SOLE   398,933 0 0
DIME COMMUNITY BANCSHARES INC Common US2539221 681 40,900 SH   SOLE   40,900 0 0
FIRST CONNECTICUT BANCORP, INC. Common US3198501 607 41,300 SH   SOLE   41,300 0 0
FOREST LABORATORIES INC Common US3458381 6,478 151,400 SH   SOLE   150,600 0 0
FRONTIER COMMUNICATIONS CORP Common US35906A1 5,424 1,297,717 SH   SOLE   1,289,654 0 0
GENERAL DYNAMICS CORP. Common US3695501 4,625 52,840 SH   SOLE   52,431 0 0
HEWLETT-PACKARD CO Common US4282361 6,023 286,936 SH   SOLE   285,252 0 0
INDEPENDENT BANK CORP/MA Common US4538361 46,233 1,295,056 SH   SOLE   1,294,003 0 0
INTERNATIONAL BANCSHARES CORP Common US4590441 4,939 228,427 SH   SOLE   226,807 0 0
JM SMUCKER CO/THE Common US8326964 6,323 60,200 SH   SOLE   59,800 0 0
MAC-GRAY CORP Common US5541531 13,417 921,488 SH   SOLE   918,488 0 0
MARATHON OIL CORP Common US5658491 5,985 171,582 SH   SOLE   170,482 0 0
MARATHON PETROLEUM CORP Common US56585A1 3,875 60,241 SH   SOLE   59,641 0 0
MICROSOFT CORP. Common US5949181 6,064 182,200 SH   SOLE   181,200 0 0
NAUGATUCK VALLEY FINANCIAL Common US63906P1 295 38,600 SH   SOLE   38,600 0 0
NEXTERA ENERGY, INC. Common US65339F1 6,569 81,944 SH   SOLE   81,394 0 0
PARK STERLING CORP Common US70086Y1 330 51,438 SH   SOLE   51,438 0 0
PEOPLES BANCORP INC Common US7097891 1,040 49,800 SH   SOLE   49,300 0 0
PRAXAIR INC. Common US74005P1 5,857 48,726 SH   SOLE   48,432 0 0
QUEST DIAGNOSTICS Common US74834L1 6,183 100,057 SH   SOLE   99,567 0 0
REGAL ENTERTAINMENT GROUP - A Common US7587661 2,847 149,987 SH   SOLE   148,887 0 0
SOUTHWEST BANCORP INC. Common US8447671 27,736 1,872,792 SH   SOLE   1,870,657 0 0
THE CHUBB CORPORATION Common US1712321 6,291 70,475 SH   SOLE   70,025 0 0
UNITED FINANCIAL BANCORP INC Common US91030T1 232 14,362 SH   SOLE   14,362 0 0
UNITEDHEALTH GROUP INC Common US91324P1 5,383 75,172 SH   SOLE   74,418 0 0
UNIVEST CORP OF PENNSYLVANIA Common US9152711 12,885 683,573 SH   SOLE   681,953 0 0
VERIZON COMMUNICATIONS Common US92343V1 3,393 72,701 SH   SOLE   72,016 0 0
WEBSTER FINANCIAL CORP - CT Common US9478901 5,369 210,295 SH   SOLE   209,650 0 0
WELLPOINT INC (NEW) Common US94973V1 7,161 85,642 SH   SOLE   85,000 0 0
WESTERN UNION CO. Common US9598021 4,842 259,500 SH   SOLE   257,800 0 0
XEROX CORP Common US9841211 5,417 526,400 SH   SOLE   522,500 0 0
144A KRBL LIMITED DERIVATIVE Derivative 46632N702 653 1,679,000 SH   SOLE   1,679,000 0 0
144A LIC HOUSING FINANCE DERIVATIVE Derivative US46627U7 613 204,200 SH   SOLE   204,200 0 0
144A NIIT TECHNOLOGIES DERIVATIVE Derivative US48125D7 1,246 276,900 SH   SOLE   276,900 0 0
144A SOUTH INDIAN BANK LIMITED DERIVATIVE Derivative NL0010259 802 2,535,250 SH   SOLE   2,535,250 0 0
144A USHA MARTIN LTD_ODI_21AUG18 Derivative NL0010260 272 807,100 SH   SOLE   807,100 0 0
BHP BILLITON PLC - ADR (UK) ADR US05545E2 54,166 920,258 SH   SOLE   747,937 0 0
INFOSYS LTD - SP ADR Spon ADR US4567881 52,207 1,085,150 SH   SOLE   855,446 0 0
METHANEX CORPORATION (US SHARES) ADR CA59151K1 455 8,870 SH   SOLE   6,950 0 0
NOVARTIS AG-ADR ADR US66987V1 61 800 SH   SOLE   0 0 0
SAMSUNG ELECTRONICS COMMON-GDR GDR US7960508 22,646 35,607 SH   SOLE   12,256 0 0
SAMSUNG ELECTRONICS PFD N/V-GDR GDR US7960502 151 370 SH   SOLE   370 0 0
SHANGHAI MECHANICAL AND EL-B SHARES Common CNE000000 1,932 1,455,568 SH   SOLE   1,455,568 0 0
TAIWAN SEMICONDUCTOR - SP ADR Spon ADR 874039100 292 17,239 SH   SOLE   17,239 0 0
TEVA PHARMACEUTICAL - SP ADR Spon ADR US8816242 51,263 1,356,880 SH   SOLE   1,121,461 0 0