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
Allscripts Healthcare Solution COM 01988p108 4,019 336,070 SH   SOLE   336,070 0 0
American Axle & Manufacturing COM 24061103 9,350 361,970 SH   SOLE   361,970 0 0
American International Group I COM 26874784 6,345 115,800 SH   SOLE   115,800 0 0
Babcock & Wilcox Co COM 05615f102 3,909 121,804 SH   SOLE   121,804 0 0
Barrick Gold Corp COM 67901108 4,243 387,100 SH   SOLE   387,100 0 0
Bed Bath & Beyond Inc COM 75896100 5,857 76,290 SH   SOLE   76,290 0 0
Bio Rad Laboratories Inc Cl A COM 90572207 243 1,800 SH   SOLE   1,800 0 0
Chevron Corp COM 166764100 319 3,037 SH   SOLE   3,037 0 0
Cigna Corp COM 125509109 582 4,500 SH   SOLE   4,500 0 0
Citizens Finl Group Inc COM 174610105 5,806 240,601 SH   SOLE   240,601 0 0
Crown Holdings Inc COM 228368106 281 5,200 SH   SOLE   5,200 0 0
CSX Corp COM 126408103 568 17,160 SH   SOLE   17,160 0 0
Denbury Resources Inc COM 247916208 2,702 370,580 SH   SOLE   370,580 0 0
Eastman Chem Co COM 277432100 263 3,800 SH   SOLE   3,800 0 0
Emulex Corp COM 292475209 6,117 767,550 SH   SOLE   767,550 0 0
Express Inc COM 30219e103 4,975 300,980 SH   SOLE   300,980 0 0
Fidelity National Financial In COM 31620r303 6,184 168,220 SH   SOLE   168,220 0 0
Fidelity National Financial In COM 31620r402 3,323 235,691 SH   SOLE   235,691 0 0
Fluor Corp COM 343412102 286 5,010 SH   SOLE   5,010 0 0
General Motors Co COM 37045v100 7,195 191,870 SH   SOLE   191,870 0 0
Ingersoll-Rand PLC COM g47791101 283 4,160 SH   SOLE   4,160 0 0
Ingram Micro Inc Cl A COM 457153104 3,306 131,590 SH   SOLE   131,590 0 0
International Business Machine COM 459200101 3,810 23,740 SH   SOLE   23,740 0 0
Investors Bancorp Inc COM 46146l101 5,684 485,010 SH   SOLE   485,010 0 0
Kohls Corp COM 500255104 5,403 69,050 SH   SOLE   69,050 0 0
Kulicke & Soffa Industries Inc COM 501242101 9,576 612,660 SH   SOLE   612,660 0 0
Loews Corp COM 540424108 4,856 118,940 SH   SOLE   118,940 0 0
Mallinckrodt Pub Ltd Co COM g5785g107 355 2,800 SH   SOLE   2,800 0 0
MeadWestvaco Corp COM 583334107 4,574 91,720 SH   SOLE   91,720 0 0
Noble Corp PLC USD COM g65431101 2,443 171,060 SH   SOLE   171,060 0 0
Paragon Offshore PLC COM g6s01w108 1,154 888,050 SH   SOLE   888,050 0 0
Philip Morris Intl Inc COM 718172109 202 2,680 SH   SOLE   2,680 0 0
Quality Distribution Inc FL COM 74756m102 3,794 367,304 SH   SOLE   367,304 0 0
Quantum Corp DSSG COM 747906204 3,471 2,169,338 SH   SOLE   2,169,338 0 0
Remy Intl Inc COM 75971m108 935 42,119 SH   SOLE   42,119 0 0
SP Plus Corp COM 78469c103 4,555 208,479 SH   SOLE   208,479 0 0
Symantec Corp COM 871503108 4,820 206,290 SH   SOLE   206,290 0 0
Symmetry Surgical Inc COM 87159g100 102 13,950 SH   SOLE   13,950 0 0
Telephone & Data Systems Inc COM 879433829 4,531 181,950 SH   SOLE   181,950 0 0
Textron Inc COM 883203101 665 15,000 SH   SOLE   15,000 0 0
Universal American Corp COM 91338e101 6,088 570,023 SH   SOLE   570,023 0 0
VECTRUS INC COM COM 92242t101 4,417 173,271 SH   SOLE   173,271 0 0
Walter Inv Mgmt Corp COM 93317w102 3,227 199,810 SH   SOLE   199,810 0 0
XL Group PLC COM g98290102 6,204 168,580 SH   SOLE   168,580 0 0
Yamana Gold Inc COM 98462y100 3,295 917,930 SH   SOLE   917,930 0 0