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
AECOM TECHNOLOGY CORP DELAWA COM 00766T100 1,146 36,060 SH   SOLE   16,660 0 19,400
AEGEAN MARINE PETROLEUM NETW SHS Y0017S102 1,032 111,499 SH   SOLE   51,588 0 59,911
AMERICAN EQTY INVT LIFE HLD COM 025676206 1,610 102,540 SH   SOLE   47,406 0 55,134
APOLLO COML REAL EST FIN INC COM 03762U105 1,250 78,730 SH   SOLE   36,430 0 42,300
ARES CAP CORP COM 04010L103 1,686 98,000 SH   SOLE   45,290 0 52,710
ASBURY AUTOMOTIVE GROUP INC COM 043436104 2,081 51,890 SH   SOLE   23,990 0 27,900
AVISTA CORP COM 05379B107 1,361 50,370 SH   SOLE   23,290 0 27,080
AVNET INC COM 053807103 1,124 33,460 SH   SOLE   15,460 0 18,000
BELDEN INC COM 077454106 1,688 33,810 SH   SOLE   15,630 0 18,180
BIO RAD LABS INC CL A 090572207 927 8,260 SH   SOLE   3,820 0 4,440
BRINKER INTL INC COM 109641100 1,462 37,080 SH   SOLE   17,109 0 19,971
CINEMARK HOLDINGS INC COM 17243V102 891 31,900 SH   SOLE   14,730 0 17,170
CMS ENERGY CORP COM 125896100 1,609 59,230 SH   SOLE   27,390 0 31,840
COLUMBUS MCKINNON CORP N Y COM 199333105 748 35,100 SH   SOLE   16,160 0 18,940
COMSTOCK RES INC COM NEW 205768203 740 47,050 SH   SOLE   21,820 0 25,230
COUSINS PPTYS INC COM 222795106 1,419 140,527 SH   SOLE   64,887 0 75,640
CROWN HOLDINGS INC COM 228368106 1,742 42,350 SH   SOLE   19,580 0 22,770
CYS INVTS INC COM 12673a108 1,122 121,800 SH   SOLE   56,340 0 65,460
DEAN FOODS CO NEW COM 242370104 428 42,680 SH   SOLE   19,740 0 22,940
DELUXE CORP COM 248019101 1,532 44,200 SH   SOLE   20,440 0 23,760
DIGITALGLOBE INC COM NEW 25389M877 1,298 41,850 SH   SOLE   19,330 0 22,520
ENPRO INDS INC COM 29355X107 1,534 30,220 SH   SOLE   13,960 0 16,260
FLEXTRONICS INTL LTD ORD Y2573F102 1,548 200,002 SH   SOLE   92,239 0 107,763
HAIN CELESTIAL GROUP INC COM 405217100 1,168 17,960 SH   SOLE   8,290 0 9,670
HANCOCK HLDG CO COM 410120109 1,066 35,440 SH   SOLE   16,390 0 19,050
HUDSON PAC PPTYS INC COM 444097109 1,130 53,124 SH   SOLE   24,558 0 28,566
INVESCO MORTGAGE CAPITAL INC COM 46131b100 526 31,750 SH   SOLE   14,600 0 17,150
JONES GROUP INC COM 48020T101 993 72,250 SH   SOLE   33,370 0 38,880
KEYW HLDG CORP COM 493723100 389 29,370 SH   SOLE   13,530 0 15,840
LITTELFUSE INC COM 537008104 1,609 21,563 SH   SOLE   9,973 0 11,590
LOUISIANA PAC CORP COM 546347105 969 65,530 SH   SOLE   30,300 0 35,230
LUXFER HLDGS PLC SPONSORED ADR 550678106 1,187 74,890 SH   SOLE   34,620 0 40,270
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 2,416 132,230 SH   SOLE   61,140 0 71,090
MATRIX SVC CO COM 576853105 1,055 67,730 SH   SOLE   31,401 0 36,329
MB FINANCIAL INC NEW COM 55264U108 876 32,690 SH   SOLE   15,130 0 17,560
MEREDITH CORP COM 589433101 1,397 29,288 SH   SOLE   13,527 0 15,761
MERITOR INC COM 59001K100 1,553 220,234 SH   SOLE   101,835 0 118,399
MFA FINL INC COM 55272X102 626 74,070 SH   SOLE   34,210 0 39,860
NATIONAL PENN BANCSHARES INC COM 637138108 1,248 122,827 SH   SOLE   56,768 0 66,059
NAVISTAR INTL CORP NEW COM 63934E108 1,392 50,130 SH   SOLE   23,180 0 26,950
NEWELL RUBBERMAID INC COM 651229106 1,640 62,495 SH   SOLE   28,891 0 33,604
OCH ZIFF CAP MGMT GROUP CL A 67551u105 1,533 146,880 SH   SOLE   67,740 0 79,140
OLD NATL BANCORP IND COM 680033107 1,326 95,890 SH   SOLE   44,260 0 51,630
OMNICARE INC COM 681904108 1,242 26,030 SH   SOLE   12,020 0 14,010
PATTERSON UTI ENERGY INC COM 703481101 542 27,990 SH   SOLE   12,960 0 15,030
PEBBLEBROOK HOTEL TR COM 70509V100 808 31,270 SH   SOLE   14,440 0 16,830
PORTLAND GEN ELEC CO COM NEW 736508847 1,177 38,470 SH   SOLE   17,790 0 20,680
PRIVATEBANCORP INC COM 742962103 1,175 55,340 SH   SOLE   25,550 0 29,790
PULTE GROUP INC COM 745867101 1,424 75,050 SH   SOLE   34,730 0 40,320
REGAL BELOIT CORP COM 758750103 1,291 19,910 SH   SOLE   9,200 0 10,710
REGAL ENTMT GROUP CL A 758766109 1,235 69,020 SH   SOLE   31,860 0 37,160
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 887 41,300 SH   SOLE   19,110 0 22,190
STAGE STORES INC COM NEW 85254C305 746 31,750 SH   SOLE   14,620 0 17,130
STEEL DYNAMICS INC COM 858119100 683 45,800 SH   SOLE   21,090 0 24,710
TOWER GROUP INTL LTD COM G8988C105 941 45,861 SH   SOLE   22,024 0 23,837
WHITEWAVE FOODS CO COM CL A 966244105 177 10,902 SH   SOLE   5,042 0 5,860
WHITEWAVE FOODS CO COM CL B 966244204 236 15,525 SH   SOLE   7,181 0 8,344