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
ABERCROMBIE & FITCH CO COM 002896207 2,084 54,140 SH   SOLE   35,930 18,210 9
ACTUANT CORP.-A COM 00508X203 5,469 160,152 SH   SOLE   94,616 65,536 21
ADVANCED ENERGY INDUSTRIES COM 007973100 8,332 340,102 SH   SOLE   200,880 139,222 21
AGCO CORP. COM 001084102 3,036 55,038 SH   SOLE   36,638 18,400 9
AMEREN CORP. COM 023608102 1,604 38,920 SH   SOLE   25,900 13,020 9
AMERISAFE INC. COM 03071H100 8,342 189,984 SH   SOLE   112,254 77,730 21
AMSURG CORP. COM 03232P405 5,490 116,609 SH   SOLE   68,892 47,717 21
ARROW ELECTRONIC COM 042735100 3,577 60,262 SH   SOLE   40,115 20,147 9
ASSURANT INC. COM 04621X108 2,724 41,940 SH   SOLE   27,920 14,020 9
ASTORIA FINL COM 046265104 3,857 279,089 SH   SOLE   164,936 114,153 21
AUTONATION INC. COM 05329W102 2,476 46,518 SH   SOLE   30,966 15,552 9
AVISTA CORP. COM 05379B107 5,173 168,769 SH   SOLE   99,734 69,035 21
BECTON DICKINSON COM 075887109 2,075 17,726 SH   SOLE   11,796 5,930 9
BED BATH &BEYOND COM 075896100 2,640 38,370 SH   SOLE   25,530 12,840 9
BELDEN INC. COM 077454106 9,510 136,637 SH   SOLE   80,704 55,933 21
BENCHMARK ELECTRONICS INC COM 08160H101 7,456 329,187 SH   SOLE   194,473 134,714 21
BIO-REFERENCE LABS INC COM 09057G602 8,188 295,827 SH   SOLE   174,810 121,017 21
BROADCOM CORP-A COM 111320107 3,019 95,930 SH   SOLE   63,800 32,130 9
BROCADE COMM SYS COM 111621306 3,046 287,130 SH   SOLE   190,950 96,180 9
CABELAS INC. COM 126804301 7,052 107,641 SH   SOLE   63,570 44,071 21
CAPITAL ONE FINANCIAL CORP COM 14040H105 3,676 47,640 SH   SOLE   31,710 15,930 9
CAPITALSOURCE IN COM 14055X102 8,654 593,172 SH   SOLE   350,420 242,752 21
CAPSTEAD MORTGAGE CORP REIT 14067E506 6,492 512,812 SH   SOLE   302,902 209,910 21
CARDINAL HEALTH COM 14149Y108 2,449 34,990 SH   SOLE   23,290 11,700 9
CHICOS FAS INC. COM 168615102 1,862 116,152 SH   SOLE   77,402 38,750 9
CIGNA CORP. COM 125509109 2,930 34,990 SH   SOLE   23,290 11,700 9
CIMAREX ENERGY CO COM 171798101 2,027 17,020 SH   SOLE   11,320 5,700 9
CIRRUS LOGIC INC. COM 172755100 7,174 361,040 SH   SOLE   212,740 148,300 21
COLUMBIA BANKING COM 197236102 8,786 308,061 SH   SOLE   181,975 126,086 21
CONSTANT CONTACT COM 210313102 7,608 311,044 SH   SOLE   184,010 127,034 21
CONSTELLATION-A COM 21036P108 2,581 30,378 SH   SOLE   20,219 10,159 9
CORNING INC. COM 219350105 3,004 144,270 SH   SOLE   95,960 48,310 9
CSG SYSTEMS INTL COM 126349109 6,416 246,375 SH   SOLE   145,538 100,837 21
CYTEC INDS COM 232820100 11,438 117,177 SH   SOLE   71,559 45,618 30
DENBURY RESOURCE COM 247916208 2,956 180,240 SH   SOLE   119,880 60,360 9
DICKS SPORTING COM 253393102 2,022 37,020 SH   SOLE   24,630 12,390 9
DISCOVER FINANCIAL SERVICES COM 254709108 5,046 86,710 SH   SOLE   57,720 28,990 9
DTE ENERGY CO COM 233331107 1,733 23,334 SH   SOLE   15,534 7,800 9
DYCOM INDS COM 267475101 8,038 254,287 SH   SOLE   150,230 104,057 21
ELECTRONICS FOR IMAGING COM 286082102 11,863 273,906 SH   SOLE   161,799 112,107 21
ENERSYS COM 29275Y102 12,488 180,224 SH   SOLE   106,452 73,772 21
FIFTH THIRD BANCORP COM 316773100 2,556 111,350 SH   SOLE   74,120 37,230 9
FIRST SOLAR INC. COM 336433107 6,099 87,385 SH   SOLE   51,635 35,750 21
GATX CORP. COM 361448103 8,579 126,379 SH   SOLE   74,630 51,749 21
GENESCO INC. COM 371532102 8,589 115,186 SH   SOLE   68,014 47,172 21
GENTEX CORP. COM 371901109 2,829 89,720 SH   SOLE   59,720 30,000 9
GENWORTH FINANCIAL INC-CL A COM 37247D106 2,765 155,940 SH   SOLE   103,800 52,140 9
GREATBATCH INC. COM 39153L106 7,181 156,379 SH   SOLE   92,389 63,990 21
GROUP 1 AUTOMOTIVE INC COM 398905109 9,019 137,358 SH   SOLE   81,160 56,198 21
GUESS? INC. COM 401617105 2,197 79,594 SH   SOLE   52,934 26,660 9
HARMAN INTL COM 413086109 3,369 31,660 SH   SOLE   21,050 10,610 9
HCC INSURANCE COM 404132102 11,290 248,193 SH   SOLE   152,738 95,455 30
HELMERICH & PAYNE COM 423452101 9,640 89,625 SH   SOLE   52,948 36,677 21
HUMANA INC. COM 444859102 2,477 21,976 SH   SOLE   14,630 7,346 9
IBERIABANK CORP. COM 450828108 7,148 101,898 SH   SOLE   60,204 41,694 21
INTL GAME TECH COM 459902102 2,379 169,220 SH   SOLE   112,500 56,720 9
IXIA COM 45071R109 7,300 583,981 SH   SOLE   344,947 239,034 21
J2 GLOBAL INC COM 48123V102 7,415 148,143 SH   SOLE   87,497 60,646 21
JACK HENRY COM 426281101 7,435 133,335 SH   SOLE   78,795 54,540 21
JANUS CAPITAL GROUP INC COM 47102X105 5,770 530,810 SH   SOLE   313,580 217,230 21
KEYCORP. COM 493267108 3,714 260,820 SH   SOLE   173,600 87,220 9
KINDRED HEALTHCARE INC COM 494580103 10,484 447,664 SH   SOLE   264,426 183,238 21
KLA-TENCOR CORP. COM 482480100 2,268 32,810 SH   SOLE   21,840 10,970 9
LA-Z-BOY INC. COM 505336107 7,761 286,396 SH   SOLE   169,250 117,146 21
LEAR CORP. COM 521865204 2,550 30,460 SH   SOLE   20,280 10,180 9
LEXMARK INTL-A COM 529771107 3,456 74,650 SH   SOLE   49,640 25,010 9
LIFEPOINT HOSPITALS INC COM 53219L109 7,561 138,610 SH   SOLE   81,864 56,746 21
LINCOLN NATIONAL CORPORATION COM 534187109 3,868 76,343 SH   SOLE   50,817 25,526 9
LINDSAY CORP. COM 535555106 5,298 60,080 SH   SOLE   35,470 24,610 21
LITHIA MOTORS-A COM 536797103 10,248 154,200 SH   SOLE   91,072 63,128 21
M & T BANK CORP COM 55261F104 3,064 25,260 SH   SOLE   16,820 8,440 9
MACYS INC. COM 55616P104 3,749 63,240 SH   SOLE   42,100 21,140 9
MAGELLAN HEALTH COM 559079207 6,425 108,261 SH   SOLE   64,001 44,260 21
MENTOR GRAPHICS COM 587200106 6,328 287,385 SH   SOLE   169,759 117,626 21
MOLSON COORS-B COM 60871R209 2,232 37,920 SH   SOLE   25,240 12,680 9
NETAPP INC. COM 64110D104 2,148 58,200 SH   SOLE   38,740 19,460 9
NETGEAR INC. COM 64111Q104 5,066 150,182 SH   SOLE   88,772 61,410 21
NETSCOUT SYSTEMS COM 64115T104 5,738 152,681 SH   SOLE   90,185 62,496 21
NEWPARK RES INC COM 651718504 6,128 535,236 SH   SOLE   316,194 219,042 21
OIL STATES INTL COM 678026105 7,875 79,866 SH   SOLE   47,105 32,761 21
OMNIVISION TECH COM 682128103 8,833 499,014 SH   SOLE   294,794 204,220 21
OUTERWALL INC COM 690070107 7,700 106,200 SH   SOLE   62,720 43,480 21
OWENS-ILLINOIS COM 690768403 1,989 58,792 SH   SOLE   39,135 19,657 9
PARKER HANNIFIN COM 701094104 2,361 19,720 SH   SOLE   13,130 6,590 9
PATTERSON-UTI COM 703481101 2,410 76,060 SH   SOLE   50,630 25,430 9
PERKINELMER INC. COM 714046109 2,566 56,950 SH   SOLE   37,910 19,040 9
PHARMERICA CORP. COM 71714F104 14,719 526,050 SH   SOLE   311,205 214,845 21
PNM RESOURCES COM 69349H107 4,958 183,430 SH   SOLE   108,376 75,054 21
PROASSURANCE CORP COM 74267C106 3,976 89,280 SH   SOLE   52,740 36,540 21
PROSPECT CAPITAL COM 74348T102 5,201 481,589 SH   SOLE   284,504 197,085 21
PROTECTIVE LIFE COM 743674103 4,377 83,236 SH   SOLE   55,405 27,831 9
PUBLIC SERVICE ENTERPRISE GP COM 744573106 2,381 62,440 SH   SOLE   41,540 20,900 9
QLOGIC CORP. COM 747277101 8,314 652,090 SH   SOLE   385,328 266,762 21
QUANTA SERVICES COM 74762E102 2,893 78,400 SH   SOLE   52,190 26,210 9
RAYMOND JAMES COM 754730109 2,111 37,750 SH   SOLE   25,140 12,610 9
RAYTHEON CO COM 755111507 3,415 34,570 SH   SOLE   23,010 11,560 9
RED ROBIN GOURMET BURGERS COM 75689M101 8,174 114,034 SH   SOLE   67,329 46,705 21
REGIONS FINANCIAL CORP COM 7591EP100 2,576 231,890 SH   SOLE   154,350 77,540 9
RLI CORP. COM 749607107 5,516 124,680 SH   SOLE   73,692 50,988 21
ROVI CORP. COM 779376102 7,394 324,565 SH   SOLE   191,795 132,770 21
SANDISK CORP. COM 80004C101 3,460 42,620 SH   SOLE   28,340 14,280 9
SELECT MEDICAL COM 81619Q105 8,103 650,825 SH   SOLE   384,306 266,519 21
SELECTIVE INSURANCE GROUP COM 816300107 5,021 215,296 SH   SOLE   127,218 88,078 21
SEMPRA ENERGY COM 816851109 2,556 26,420 SH   SOLE   17,590 8,830 9
SKYWORKS SOLUTIONS INC COM 83088M102 2,461 65,590 SH   SOLE   43,620 21,970 9
SOUTHWEST AIR COM 844741108 5,279 223,600 SH   SOLE   148,830 74,770 9
STANLEY BLACK & DECKER INC COM 854502101 2,244 27,620 SH   SOLE   18,390 9,230 9
STAPLES INC. COM 855030102 2,717 239,570 SH   SOLE   159,350 80,220 9
STIFEL FINANCIAL COM 860630102 3,235 65,010 SH   SOLE   43,270 21,740 9
SUSSER HOLDINGS COM 869233106 8,687 139,055 SH   SOLE   82,169 56,886 21
SYKES ENTERPRISE COM 871237103 5,159 259,634 SH   SOLE   153,341 106,293 21
SYMANTEC CORP. COM 871503108 519 26,000 SH   SOLE   17,290 8,710 9
SYNAPTICS INC. COM 87157D109 10,461 174,285 SH   SOLE   102,955 71,330 21
SYNOPSYS INC. COM 871607107 2,660 69,249 SH   SOLE   46,101 23,148 9
TCF FINL CORP. COM 872275102 1,852 111,142 SH   SOLE   73,976 37,166 9
TELEDYNE TECH COM 879360105 8,457 86,885 SH   SOLE   51,351 35,534 21
TESORO CORP. COM 881609101 2,516 49,740 SH   SOLE   33,110 16,630 9
TETRA TECH INC. COM 88162G103 7,363 248,848 SH   SOLE   146,981 101,867 21
TOTAL SYSTEM SERVICES INC COM 891906109 2,476 81,430 SH   SOLE   54,200 27,230 9
TRINITY INDUSTRIES INC COM 896522109 5,859 81,300 SH   SOLE   54,070 27,230 9
TRIUMPH GROUP COM 896818101 6,914 107,058 SH   SOLE   63,240 43,818 21
UNITED BANKSHARES INC COM 909907107 6,106 199,425 SH   SOLE   117,837 81,588 21
VALERO ENERGY COM 91913Y100 2,757 51,920 SH   SOLE   34,570 17,350 9
VALSPAR CORP. COM 920355104 2,536 35,168 SH   SOLE   23,407 11,761 9
VERIFONE SYSTEMS COM 92342Y109 2,505 74,070 SH   SOLE   49,280 24,790 9
WASHINGTON FEDERAL INC COM 938824109 6,881 295,318 SH   SOLE   174,476 120,842 21
WEBSTER FINL COM 947890109 6,585 212,020 SH   SOLE   125,260 86,760 21
WELLPOINT INC. COM 94973V107 3,416 34,317 SH   SOLE   22,847 11,470 9
WESTERN DIGITAL COM 958102105 3,497 38,090 SH   SOLE   25,330 12,760 9
WEX INC COM 96208T104 7,558 79,521 SH   SOLE   46,949 32,572 21
WILLIAMS-SONOMA COM 969904101 2,834 42,530 SH   SOLE   28,310 14,220 9
WORTHINGTON INDS COM 981811102 8,344 218,150 SH   SOLE   128,870 89,280 21
WR BERKLEY CORP. COM 084423102 2,660 63,920 SH   SOLE   42,550 21,370 9
ZIMMER HLDGS COM 98956P102 2,302 24,340 SH   SOLE   16,200 8,140 9