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
ACCURIDE CORP NEW COM NEW 00439T206 55 14,576 SH   SOLE 14,576 0 0
AIR LEASE CORP CL A 00912X302 260 8,007 SH   SOLE 8,007 0 0
ALASKA AIR GROUP INC COM 011659109 320 7,340 SH   SOLE 7,340 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 219 6,182 SH   SOLE 6,182 0 0
AMERICAN EQTY INVT LIFE HLD COM 025676206 240 10,510 SH   SOLE 10,510 0 0
AMSURG CORP COM 03232P405 344 6,865 SH   SOLE 6,865 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 204 16,995 SH   SOLE 16,995 0 0
APPLE INC COM 037833100 261 2,592 SH   SOLE 2,592 0 0
ARRIS GROUP INC NEW COM 04270V106 225 7,951 SH   SOLE 7,951 0 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 137 13,378 SH   SOLE 13,378 0 0
BANK N S HALIFAX COM 064149107 200 3,233 SH   SOLE 3,233 0 0
BOSTON PRIVATE FINL HLDGS IN COM 101119105 312 25,196 SH   SOLE 25,196 0 0
BROCADE COMMUNICATIONS SYS I COM NEW 111621306 111 10,200 SH   SOLE 10,200 0 0
CAL MAINE FOODS INC COM NEW 128030202 412 4,617 SH   SOLE 4,617 0 0
CALGON CARBON CORP COM 129603106 217 11,178 SH   SOLE 11,178 0 0
CAPITAL ONE FINL CORP COM 14040H105 421 5,156 SH   SOLE 5,156 0 0
CHIMERA INVT CORP COM 16934Q109 71 23,286 SH   SOLE 23,286 0 0
COLUMBIA SPORTSWEAR CO COM 198516106 291 8,136 SH   SOLE 8,136 0 0
CONSTELLATION BRANDS INC CL A 21036P108 279 3,206 SH   SOLE 3,206 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 201 1,740 SH   SOLE 1,740 0 0
DISCOVER FINL SVCS COM 254709108 304 4,717 SH   SOLE 4,717 0 0
DISH NETWORK CORP CL A 25470M109 212 3,283 SH   SOLE 3,283 0 0
DOMINION DIAMOND CORP COM 257287102 492 34,577 SH   SOLE 34,577 0 0
DST SYS INC DEL COM 233326107 209 2,490 SH   SOLE 2,490 0 0
DYNEX CAP INC COM NEW 26817Q506 115 14,256 SH   SOLE 14,256 0 0
ENERGEN CORP COM 29265N108 254 3,521 SH   SOLE 3,521 0 0
ENERNOC INC COM 292764107 221 13,042 SH   SOLE 13,042 0 0
ENTEGRIS INC COM 29362U104 120 10,460 SH   SOLE 10,460 0 0
EXCO RESOURCES INC COM 269279402 94 28,030 SH   SOLE 28,030 0 0
FACEBOOK INC CL A 30303M102 264 3,340 SH   SOLE 3,340 0 0
FAIR ISAAC CORP COM 303250104 213 3,860 SH   SOLE 3,860 0 0
FIRST BANCORP P R COM NEW 318672706 62 12,972 SH   SOLE 12,972 0 0
GENERAL DYNAMICS CORP COM 369550108 231 1,820 SH   SOLE 1,820 0 0
GILDAN ACTIVEWEAR INC COM 375916103 291 5,325 SH   SOLE 5,325 0 0
GLOBAL CASH ACCESS HLDGS INC COM 378967103 77 11,368 SH   SOLE 11,368 0 0
GLOBALSTAR INC COM 378973408 51 13,805 SH   SOLE 13,805 0 0
GRAN TIERRA ENERGY INC COM 38500T101 116 20,865 SH   SOLE 20,865 0 0
GRAY TELEVISION INC COM 389375106 196 24,886 SH   SOLE 24,886 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 219 8,144 SH   SOLE 8,144 0 0
IAMGOLD CORP COM 450913108 60 21,583 SH   SOLE 21,583 0 0
INTERVAL LEISURE GROUP INC COM 46113M108 282 14,816 SH   SOLE 14,816 0 0
IRIDIUM COMMUNICATIONS INC COM 46269C102 126 14,238 SH   SOLE 14,238 0 0
ISHARES MSCI AUST ETF 464286103 273 11,410 SH   SOLE 11,410 0 0
ISHARES MSCI ITALCPD ETF 464286855 168 10,720 SH   SOLE 10,720 0 0
ISHARES U.S. BR-DEAL ETF 464288794 510 12,980 SH   SOLE 12,980 0 0
ISHARES TR SELECT DIVID ETF 464287168 223 3,024 SH   SOLE 3,024 0 0
ISHARES TR RUS 2000 VAL ETF 464287630 418 4,469 SH   SOLE 4,469 0 0
IXYS CORP COM 46600W106 146 13,945 SH   SOLE 13,945 0 0
KEYCORP NEW COM 493267108 183 13,705 SH   SOLE 13,705 0 0
KITE RLTY GROUP TR COM NEW 49803T300 401 16,548 SH   SOLE 16,548 0 0
KRISPY KREME DOUGHNUTS INC COM 501014104 188 10,973 SH   SOLE 10,973 0 0
LIFEPOINT HOSPITALS INC COM 53219L109 207 2,996 SH   SOLE 2,996 0 0
LIGHTINTHEBOX HLDG CO LTD SPONSORED ADR 53225G102 67 10,730 SH   SOLE 10,730 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 87 17,231 SH   SOLE 17,231 0 0
LOCKHEED MARTIN CORP COM 539830109 209 1,143 SH   SOLE 1,143 0 0
MDU RES GROUP INC COM 552690109 348 12,528 SH   SOLE 12,528 0 0
NAVIGANT CONSULTING INC COM 63935N107 285 20,522 SH   SOLE 20,522 0 0
NET 1 UEPS TECHNOLOGIES INC COM NEW 64107N206 149 12,399 SH   SOLE 12,399 0 0
NETFLIX INC COM 64110L106 244 540 SH   SOLE 540 0 0
NEWCASTLE INVT CORP NEW COM NEW 65105M504 241 18,982 SH   SOLE 18,982 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 106 13,354 SH   SOLE 13,354 0 0
NORTHROP GRUMMAN CORP COM 666807102 211 1,603 SH   SOLE 1,603 0 0
ON ASSIGNMENT INC COM 682159108 282 10,508 SH   SOLE 10,508 0 0
ORBOTECH LTD ORD M75253100 369 23,671 SH   SOLE 23,671 0 0
PACWEST BANCORP DEL COM 695263103 270 6,538 SH   SOLE 6,538 0 0
PG&E CORP COM 69331C108 263 5,830 SH   SOLE 5,830 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 820 8,305 SH   SOLE 8,305 0 0
PPG INDS INC COM 693506107 207 1,050 SH   SOLE 1,050 0 0
PRECISION DRILLING CORP COM 2010 74022D308 268 24,869 SH   SOLE 24,869 0 0
RF MICRODEVICES INC COM 749941100 118 10,207 SH   SOLE 10,207 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 725 9,560 SH   SOLE 9,560 0 0
SELECT MED HLDGS CORP COM 81619Q105 206 17,124 SH   SOLE 17,124 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 332 5,187 SH   SOLE 5,187 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 311 14,884 SH   SOLE 14,884 0 0
SIBANYE GOLD LTD SPONSORED ADR 825724206 122 14,408 SH   SOLE 14,408 0 0
SIMPSON MANUFACTURING CO INC COM 829073105 203 6,965 SH   SOLE 6,965 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 5,582 28,331 SH   SOLE 28,331 0 0
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 225 2,698 SH   SOLE 2,698 0 0
STEALTHGAS INC SHS Y81669106 140 15,405 SH   SOLE 15,405 0 0
TRINA SOLAR LIMITED SPON ADR 89628E104 149 12,380 SH   SOLE 12,380 0 0
TRINITY INDS INC COM 896522109 292 6,259 SH   SOLE 6,259 0 0
UNITED CONTL HLDGS INC COM 910047109 203 4,340 SH   SOLE 4,340 0 0
US ECOLOGY INC COM 91732J102 282 6,030 SH   SOLE 6,030 0 0
WENDYS CO COM 95058W100 131 15,826 SH   SOLE 15,826 0 0
WILLBROS GROUP INC DEL COM 969203108 128 15,389 SH   SOLE 15,389 0 0