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
ACTAVIS PLC Common IE00BD1NQ 8,210 34,025 SH   SOLE   33,860 0 0
AJS BANCORP INC Common 001503101 202 15,000 SH   SOLE   15,000 0 0
ALLETE Common US0185223 4,910 110,600 SH   SOLE   110,000 0 0
AMERIS BANCORP Common US03076K1 10,570 481,529 SH   SOLE   479,847 0 0
ASTORIA FINANCIAL CORP Common US0462651 5,525 445,915 SH   SOLE   444,615 0 0
BLUE HILLS BANCORP, INC. Common 095573101 787 60,000 SH   SOLE   60,000 0 0
BNC BANCORP Common 05566T101 4,870 310,995 SH   SOLE   310,995 0 0
BROOKLINE BANCORP INC Common US11373M1 3,072 359,300 SH   SOLE   359,300 0 0
BROOKS AUTOMATION INC Common US1143401 5,826 554,359 SH   SOLE   552,269 0 0
CAMBRIDGE BANCORP Common US1321521 1,138 24,482 SH   SOLE   24,482 0 0
CARTER'S INC Common US1462291 5,283 68,151 SH   SOLE   67,751 0 0
CITY HOLDING CO Common US1778351 177 4,195 SH   SOLE   4,195 0 0
COLONY BANKCORP INC. Common US19623P1 1,603 239,316 SH   SOLE   238,716 0 0
DIME COMMUNITY BANCSHARES INC Common US2539221 6,293 437,000 SH   SOLE   435,600 0 0
FAIRPOINT COMMUNICATIONS INC Common 305560302 3,692 243,373 SH   SOLE   242,373 0 0
FIRST CONNECTICUT BANCORP, INC. Common US3198501 599 41,300 SH   SOLE   41,300 0 0
FRONTIER COMMUNICATIONS CORP Common US35906A1 8,671 1,332,017 SH   SOLE   1,326,254 0 0
GENERAL DYNAMICS CORP. Common US3695501 6,972 54,860 SH   SOLE   54,631 0 0
HEWLETT-PACKARD CO Common US4282361 10,202 287,614 SH   SOLE   286,614 0 0
INDEPENDENT BANK CORP/MA Common US4538361 6,365 178,179 SH   SOLE   177,511 0 0
INTERNATIONAL BANCSHARES CORP Common US4590441 6,341 257,105 SH   SOLE   256,007 0 0
JM SMUCKER CO/THE Common US8326964 5,207 52,600 SH   SOLE   52,300 0 0
MARATHON OIL CORP Common US5658491 6,435 171,182 SH   SOLE   170,482 0 0
MARATHON PETROLEUM CORP Common US56585A1 5,985 70,691 SH   SOLE   70,341 0 0
METHANEX CORPORATION (US SHARES) Common 59151K108 170 2,550 SH   SOLE   0 0 0
MICROSOFT CORP. Common US5949181 9,240 199,300 SH   SOLE   198,700 0 0
NAUGATUCK VALLEY FINANCIAL Common US63906P1 302 38,600 SH   SOLE   38,600 0 0
NEXTERA ENERGY, INC. Common US65339F1 7,679 81,794 SH   SOLE   81,394 0 0
NOVARTIS AG-ADR Common 66987V109 56 600 SH   SOLE   0 0 0
PARK STERLING CORP Common US70086Y1 341 51,438 SH   SOLE   51,438 0 0
PEOPLES BANCORP INC Common US7097891 1,321 55,600 SH   SOLE   55,300 0 0
PRAXAIR INC. Common US74005P1 5,449 42,240 SH   SOLE   42,032 0 0
QUEST DIAGNOSTICS Common US74834L1 5,682 93,647 SH   SOLE   93,347 0 0
REGAL ENTERTAINMENT GROUP - A Common US7587661 4,962 249,587 SH   SOLE   248,887 0 0
SHANGHAI MECHANICAL AND EL-B SHARES Common CNE000000 4,938 2,248,563 SH   SOLE   2,248,563 0 0
SOUTHWEST BANCORP INC. Common US8447671 6,620 403,667 SH   SOLE   402,297 0 0
THE CHUBB CORPORATION Common US1712321 5,604 61,525 SH   SOLE   61,225 0 0
UNITED FINANCIAL BANCORP INC Common US9103041 246 19,348 SH   SOLE   19,348 0 0
UNITEDHEALTH GROUP INC Common US91324P1 6,561 76,072 SH   SOLE   75,518 0 0
UNIVEST CORP OF PENNSYLVANIA Common US9152711 5,464 291,429 SH   SOLE   290,429 0 0
VERIZON COMMUNICATIONS Common US92343V1 5,124 102,496 SH   SOLE   102,016 0 0
WEBSTER FINANCIAL CORP - CT Common US9478901 6,554 224,916 SH   SOLE   224,550 0 0
WELLPOINT INC (NEW) Common US94973V1 10,158 84,922 SH   SOLE   84,560 0 0
WESTERN UNION CO. Common US9598021 6,698 417,600 SH   SOLE   416,500 0 0
XEROX CORP Common US9841211 7,348 555,400 SH   SOLE   552,500 0 0
BHP BILLITON PLC - ADR (UK) ADR 05545E209 62,373 1,123,228 SH   SOLE   857,237 0 0
INFOSYS LTD - SP ADR Spon ADR US4567881 78,955 1,305,250 SH   SOLE   982,122 0 0
SAMSUNG ELECTRONICS COMMON-GDR GDR 796050888 19,102 34,081 SH   SOLE   12,256 0 0
SAMSUNG ELECTRONICS PFD N/V-GDR Spon ADR 796050201 158 370 SH   SOLE   370 0 0
TAIWAN SEMICONDUCTOR - SP ADR Spon ADR 874039100 348 17,239 SH   SOLE   0 0 0
TEVA PHARMACEUTICAL - SP ADR Spon ADR US8816242 87,367 1,625,431 SH   SOLE   1,204,205 0 0
SBERBANK - SPONSORED ADR Spon ADR 80585Y308 24,495 3,092,800 SH   SOLE   2,366,700 0 0