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
AT&T Inc Com COM 00206R102 321 9,330 SH   SOLE   9,330 0 0
AbbVie Inc COM 00287y109 11,386 192,209 SH   SOLE   3,855 0 188,354
Acco Brands Corp COM 00081T108 16,697 2,341,757 SH   SOLE   1,252,539 0 1,089,218
Addus Homecare Corp COM 006739106 681 29,270 SH   SOLE   19,527 0 9,743
Adtran Inc COM 00738A106 311 18,061 SH   SOLE   14,743 0 3,318
Air Methods Corporation COM 009128307 20,310 484,382 SH   SOLE   261,426 0 222,956
Air Transport Services Group I COM 00922R105 14,260 1,414,641 SH   SOLE   756,613 0 658,028
Allete COM 018522300 60,586 1,191,938 SH   SOLE   548,788 0 643,150
Ally Financial COM 02005N100 6,991 375,035 SH   SOLE   7,555 0 367,480
American Equity Invt Lifehldg COM 025676206 21,399 890,501 SH   SOLE   477,464 0 413,037
American Intl Group Inc COM 026874784 11,150 179,920 SH   SOLE   5,889 0 174,031
American Vanguard Corp COM 030371108 356 25,435 SH   SOLE   16,969 0 8,466
Andersons Inc/The COM 034164103 640 20,239 SH   SOLE   13,502 0 6,737
Ani Pharmaceutic Inc COM 00182C103 258 5,722 SH   SOLE   3,818 0 1,904
Anika Therapeutics Inc COM 035255108 8,830 231,393 SH   SOLE   125,055 0 106,338
Anixter International Inc COM 035290105 15,899 263,266 SH   SOLE   142,111 0 121,155
Apple Computer Inc COM 037833100 9,574 90,959 SH   SOLE   1,530 0 89,429
Ares Cap Corp Com COM 04010L103 37,500 2,631,590 SH   SOLE   1,418,228 0 1,213,362
Atwood Oceanic Inc COM 050095108 9,265 905,631 SH   SOLE   487,480 0 418,151
BBCN Bancorp Inc COM 073295107 25,027 1,453,343 SH   SOLE   777,847 0 675,496
BHP Billiton PLC ADR COM 05545E209 12,526 553,031 SH   SOLE   351,543 0 201,488
Banc of California Inc COM 05990K106 6,914 472,910 SH   SOLE   250,594 0 222,316
Banco Do Brasil SA ADR COM 059578104 278 74,614 SH   SOLE   74,614 0 0
Banco Santander SA ADR COM 05964H105 181 37,212 SH   SOLE   37,212 0 0
Bank of America Corp COM 060505104 11,110 660,115 SH   SOLE   19,712 0 640,403
Bankunited Inc COM 06652K103 43,353 1,202,259 SH   SOLE   643,040 0 559,219
Black Box Corp Del Com COM 091826107 6,709 703,949 SH   SOLE   378,903 0 325,046
CNOOC Ltd ADR COM 126132109 7,608 72,888 SH   SOLE   46,295 0 26,593
Cbiz COM 124805102 8,516 863,742 SH   SOLE   462,201 0 401,541
Chevron Corporation Com COM 166764100 316 3,517 SH   SOLE   3,517 0 0
Cirrus Logic Inc COM 172755100 763 25,834 SH   SOLE   17,236 0 8,598
Cisco Systems Inc COM 17275R102 319 11,757 SH   SOLE   11,757 0 0
Clearwater Paper Corp COM 18538R103 13,631 299,376 SH   SOLE   161,711 0 137,665
Columbus Mckinnon Corp COM 199333105 562 29,742 SH   SOLE   19,842 0 9,900
Computer Programs & Systems COM 205306103 538 10,809 SH   SOLE   7,211 0 3,598
Cts COM 126501105 10,214 579,039 SH   SOLE   308,300 0 270,739
DSW Inc. COM 23334L102 19,491 816,901 SH   SOLE   440,735 0 376,166
Deluxe Corp COM 248019101 17,337 317,877 SH   SOLE   170,134 0 147,743
Douglas Dynamics Inc COM 25960R105 449 21,290 SH   SOLE   14,205 0 7,085
East West Bancorp COM 27579R104 26,455 636,556 SH   SOLE   340,467 0 296,089
Eaton Corporation COM g29183103 8,939 171,774 SH   SOLE   3,677 0 168,097
Encore Capital Group Inc COM 292554102 36,651 1,260,342 SH   SOLE   602,341 0 658,001
Enersys COM 29275Y102 10,420 186,307 SH   SOLE   100,052 0 86,255
Ensco PLC COM G3157S106 8,925 579,925 SH   SOLE   247,286 0 332,639
Evercore Partners Inc COM 29977A105 8,402 155,389 SH   SOLE   83,097 0 72,292
Exact Sciences Corp COM 30063P105 144 15,569 SH   SOLE   10,387 0 5,182
Exactech Inc COM 30064E109 814 44,826 SH   SOLE   29,906 0 14,920
Express Inc ORD COM 30219E103 19,751 1,142,996 SH   SOLE   616,178 0 526,818
F N B Corp Pa Com COM 302520101 3,300 247,371 SH   SOLE   132,402 0 114,969
Fifth Street Finance COM 31678A103 9,765 1,530,561 SH   SOLE   822,196 0 708,365
Finish Line Inc. COM 317923100 13,420 742,265 SH   SOLE   402,476 0 339,789
First Potomac REIT COM 33610F109 12,341 1,082,579 SH   SOLE   581,137 0 501,442
FirstMerit Corp COM 337915102 37,662 2,019,408 SH   SOLE   1,080,801 0 938,607
Franklin Electric COM 353514102 6,104 225,806 SH   SOLE   120,857 0 104,949
Freightcar America Inc COM 357023100 260 13,398 SH   SOLE   8,939 0 4,459
Gain Capital Holdings COM 36268W100 17,019 2,098,487 SH   SOLE   1,120,118 0 978,369
General Elec Co Com COM 369604103 293 9,398 SH   SOLE   9,398 0 0
Genesco COM 371532102 10,649 187,384 SH   SOLE   101,508 0 85,876
Greif Inc COM 397624107 16,025 520,127 SH   SOLE   281,650 0 238,477
HSBC Holdings PLC ADR COM 404280406 291 7,378 SH   SOLE   7,378 0 0
Halliburton Co COM 406216101 9,156 268,981 SH   SOLE   4,341 0 264,640
Halyard Health Inc COM 40650V100 19,431 581,605 SH   SOLE   314,425 0 267,180
Hancock Hldg COM 410120109 23,009 914,143 SH   SOLE   494,894 0 419,249
Healthsouth Corp COM 421924309 10,372 297,948 SH   SOLE   159,656 0 138,292
Hersha Hosp Trust COM 427825500 30,214 1,388,492 SH   SOLE   751,129 0 637,363
Hibbett Sports Inc COM 428567101 24,956 825,255 SH   SOLE   441,217 0 384,038
Hyster-Yale Materials COM 449172105 604 11,521 SH   SOLE   7,687 0 3,834
Iconix Brand Group Inc COM 451055107 886 129,734 SH   SOLE   78,893 0 50,841
Ingram Micro Inc COM 457153104 26,433 870,088 SH   SOLE   470,977 0 399,111
Inteliquent Inc COM 45825N107 516 29,062 SH   SOLE   19,389 0 9,673
Istar Financial Inc COM 45031U101 33,924 2,892,107 SH   SOLE   1,545,905 0 1,346,202
JPMorgan Chase & Co COM 46625H100 274 4,146 SH   SOLE   4,146 0 0
Janus Capital Group Inc COM 47102X105 17,955 1,274,321 SH   SOLE   687,750 0 586,571
Johnson & Johnson Com COM 478160104 375 3,654 SH   SOLE   3,654 0 0
Johnson Controls Inc COM 478366107 11,679 295,738 SH   SOLE   5,848 0 289,890
Kaiser Aluminum COM 483007704 9,443 112,869 SH   SOLE   60,396 0 52,473
Knowles Corporation COM 49926D109 19,949 1,496,562 SH   SOLE   800,853 0 695,709
Kohl's COM 500255104 3,803 79,835 SH   SOLE   4,089 0 75,746
Koppers Holdings Inc COM 50060P106 9,184 503,237 SH   SOLE   272,861 0 230,376
Korn/Ferry International COM 500643200 16,825 507,096 SH   SOLE   273,025 0 234,071
Kraft Heinz Co COM 500754106 235 3,226 SH   SOLE   3,226 0 0
Kulicke & Soffa Ind COM 501242101 350 29,960 SH   SOLE   19,989 0 9,971
Lannett Co Inc COM 516012101 3,829 95,449 SH   SOLE   52,696 0 42,753
Lasalle Hotel Pptys COM 517942108 39,869 1,584,628 SH   SOLE   855,668 0 728,960
Lexmark Int'l Group Inc COM 529771107 331 10,190 SH   SOLE   6,798 0 3,392
Lukoil OAO ADR COM 69343P105 369 11,360 SH   SOLE   11,360 0 0
Lumber Liquidators Holdings COM 55003T107 7,851 452,265 SH   SOLE   242,777 0 209,488
Manning & Napier Inc COM 56382Q102 450 53,026 SH   SOLE   35,378 0 17,648
Medical Properties COM 58463J304 26,629 2,313,539 SH   SOLE   1,258,390 0 1,055,149
Merck & Co COM 58933Y105 10,634 201,325 SH   SOLE   5,670 0 195,655
Methode Electronics COM 591520200 622 19,547 SH   SOLE   13,041 0 6,506
Mizuho Financial Group Inc ADR COM 60687Y109 150 37,250 SH   SOLE   37,250 0 0
New Mountain Finance Corporati COM 647551100 13,018 999,851 SH   SOLE   534,459 0 465,392
New Senior Investment Group OR COM 648691103 9,814 995,339 SH   SOLE   531,754 0 463,585
Northwestern COM 668074305 1,050 19,354 SH   SOLE   12,913 0 6,441
Novartis AG ADR COM 66987V109 285 3,310 SH   SOLE   3,310 0 0
Nu Skin Enterprises COM 67018T105 16,083 424,475 SH   SOLE   229,076 0 195,399
Oracle Corporation Com COM 68389X105 7,085 193,958 SH   SOLE   6,199 0 187,759
Oshkosh Corp COM 688239201 16,121 412,936 SH   SOLE   223,166 0 189,770
Outerwall Inc. COM 690070107 19,631 537,244 SH   SOLE   289,103 0 248,141
Pacira Pharmaceuticals Inc COM 695127100 455 5,929 SH   SOLE   3,956 0 1,973
Park Electrochemical Corp Com COM 700416209 9,588 636,661 SH   SOLE   342,057 0 294,604
Parkway Properties Inc. COM 70159Q104 42,253 2,703,358 SH   SOLE   1,242,928 0 1,460,430
Partner Communications ADR COM 70211M109 135 30,865 SH   SOLE   30,865 0 0
Pfizer Inc COM 717081103 256 7,917 SH   SOLE   7,917 0 0
Pharmerica Corp COM 71714F104 4,123 117,794 SH   SOLE   64,227 0 53,567
Pitney Bowes Inc COM 724479100 39,285 1,902,405 SH   SOLE   809,284 0 1,093,121
Plexus Corp COM 729132100 4,492 128,641 SH   SOLE   70,089 0 58,552
Portland General Ele COM 736508847 43,820 1,204,836 SH   SOLE   644,885 0 559,951
Posco ADR COM 693483109 5,713 161,562 SH   SOLE   148,128 0 13,434
R.R. Donnelley & Sons Co. COM 257867101 29,360 1,994,535 SH   SOLE   1,078,036 0 916,499
Ramco-Gershenson Properties COM 751452202 13,255 798,031 SH   SOLE   462,004 0 336,027
Regal Beloit Corp COM 758750103 1,066 18,215 SH   SOLE   12,152 0 6,063
Rent-A-Center Inc New Com COM 76009N100 18,105 1,209,445 SH   SOLE   650,705 0 558,740
Royal Dutch Shell 'B' ADR COM 780259107 7,718 167,639 SH   SOLE   97,678 0 69,961
Ruth's Hospitality Group COM 783332109 7,181 451,059 SH   SOLE   239,126 0 211,933
SAIA Inc COM 78709Y105 937 42,110 SH   SOLE   28,094 0 14,016
Sanderson Farms COM 800013104 17,099 220,580 SH   SOLE   93,257 0 127,323
Sanofi ADR COM 80105N105 278 6,509 SH   SOLE   6,509 0 0
Scansource Inc COM 806037107 18,551 575,758 SH   SOLE   306,706 0 269,052
Select Comfort Corporation COM 81616X103 12,671 591,839 SH   SOLE   317,229 0 274,610
Skywest COM 830879102 936 49,219 SH   SOLE   32,837 0 16,382
Sonic Automotive Inc. COM 83545G102 22,984 1,009,847 SH   SOLE   545,355 0 464,492
Sonoco Products COM 835495102 18,664 456,668 SH   SOLE   244,257 0 212,411
Sotheby's Holdings COM 835898107 577 22,398 SH   SOLE   14,943 0 7,455
SpartanNash Co COM 847215100 9,852 455,259 SH   SOLE   243,309 0 211,950
Stage Stores Inc COM 85254C305 613 67,308 SH   SOLE   44,907 0 22,401
Stepan Co COM 858586100 992 19,956 SH   SOLE   13,314 0 6,642
Steris PLC COM G84720104 1,359 18,037 SH   SOLE   12,034 0 6,003
Stewart Information Services COM 860372101 15,331 410,691 SH   SOLE   219,585 0 191,106
Stifel Financial Corp COM 860630102 16,122 380,606 SH   SOLE   203,706 0 176,900
Stone Energy COM 861642106 3,422 797,622 SH   SOLE   430,243 0 367,379
Super Micro Computer Inc COM 86800U104 8,136 331,940 SH   SOLE   177,651 0 154,289
Teletech Holdings COM 879939106 935 33,510 SH   SOLE   22,357 0 11,153
Teradyne Inc COM 880770102 23,643 1,143,813 SH   SOLE   621,139 0 522,674
Ternium SA ADR COM 880890108 2,344 188,555 SH   SOLE   104,016 0 84,539
Tetra Tech COM 88162G103 27,257 1,047,525 SH   SOLE   559,850 0 487,675
Thor Industries Inc COM 885160101 21,594 384,578 SH   SOLE   208,324 0 176,254
Tidewater COM 886423102 7,150 1,027,270 SH   SOLE   553,696 0 473,574
Tribune Publishing Company COM 896082104 683 74,061 SH   SOLE   49,410 0 24,651
Trimas Corporation COM 896215209 22,125 1,186,321 SH   SOLE   634,768 0 551,553
Triumph Group Inc COM 896818101 28,383 714,032 SH   SOLE   385,929 0 328,103
United National Foods Inc COM 911163103 384 9,767 SH   SOLE   6,516 0 3,251
Vale SA-Pref ADR COM 91912E204 7,115 2,790,278 SH   SOLE   1,924,784 0 865,494
Validus Holdings COM G9319H102 20,573 444,433 SH   SOLE   225,998 0 218,435
Verizon Communications COM 92343V104 215 4,654 SH   SOLE   4,654 0 0
Virtus Investment Partners COM 92828Q109 6,721 57,219 SH   SOLE   30,594 0 26,625
Vishay Intertechnology Inc COM 928298108 22,725 1,885,869 SH   SOLE   1,020,881 0 864,988
Waddell & Reed Finl Inc Cl A COM 930059100 22,791 795,217 SH   SOLE   324,926 0 470,291
Winnebago Industries COM 974637100 311 15,653 SH   SOLE   10,443 0 5,210
Woodward Inc COM 980745103 46,298 932,298 SH   SOLE   498,884 0 433,414
Zumiez Inc COM 989817101 14,649 968,827 SH   SOLE   521,501 0 447,326
Dorel Industries ORD COM 2262369 553 24,513 SH   SOLE   24,513 0 0
China Construction Bank ORD COM B0LMTQ3 142 207,839 SH   SOLE   207,839 0 0
Sinotrans Shipping ORD COM B290QS4 3,573 18,096,777 SH   SOLE   11,703,502 0 6,393,275
Duskin Ltd ORD COM B1GVJ73 3,690 201,496 SH   SOLE   138,989 0 62,507
Dydo Drinco ORD COM 6374992 1,259 27,000 SH   SOLE   18,261 0 8,739
Kato Sangyo Co ORD COM 6484181 9,932 424,262 SH   SOLE   264,961 0 159,301
Kawasaki Kisen Kaisha Ltd ORD COM 6484686 5,487 2,538,568 SH   SOLE   2,196,711 0 341,857
Kyushu Financial Holdings Inc COM BYZ5XN1 537 76,251 SH   SOLE   76,251 0 0
Mitsubishi UFJ Financial ORD COM 6335171 221 35,182 SH   SOLE   35,182 0 0
Nippon Yusen Kabushiki Kaisha COM 6643960 2,392 975,368 SH   SOLE   386,956 0 588,412
San-In Godo Bank ORD COM 6772853 1,526 185,470 SH   SOLE   117,435 0 68,035
Sankyo Co NPV ORD COM 6775432 4,919 130,770 SH   SOLE   94,488 0 36,282
Shiga Bank ORD COM 6804240 1,674 331,697 SH   SOLE   209,932 0 121,765
Sumitomo Mitsui Financial ORD COM 6563024 217 5,666 SH   SOLE   5,666 0 0
Toyo Engineering ORD COM 6899718 4,254 1,640,035 SH   SOLE   856,933 0 783,102
Yodogawa Steel Works ORD COM 6986364 5,680 280,364 SH   SOLE   169,183 0 111,181
BNK Financial Group ORD COM B3S98W7 106 14,828 SH   SOLE   8,814 0 6,014
GS Home Shopping INC ORD COM 6204828 7,378 51,801 SH   SOLE   32,703 0 19,098
Hyundai Heavy Industries ORD COM 6446620 936 12,494 SH   SOLE   12,494 0 0
Hyundai Mipo Dockyard ORD COM 6451066 5,097 114,721 SH   SOLE   72,711 0 42,010
Industrial Bank of Korea ORD COM 6462972 2,767 262,667 SH   SOLE   156,033 0 106,634
KB Financial ORD COM B3DF0Y6 226 8,000 SH   SOLE   8,000 0 0
KT Corp ORD COM 6505316 754 31,312 SH   SOLE   31,312 0 0
Kwangju Bank ORD COM BJVDZB6 99 15,189 SH   SOLE   9,027 0 6,162
Samsung Electronics Co ORD COM 6771720 244 227 SH   SOLE   227 0 0
Woori Bank ORD COM BSP5RP9 386 51,284 SH   SOLE   51,284 0 0
Grupo Simec SAB-B ORD COM 2375546 2,612 1,171,063 SH   SOLE   733,861 0 437,202
Aegon NV ORD COM 5927375 6,916 1,217,320 SH   SOLE   833,818 0 383,502
ArcelorMittal ORD COM B03XPL1 1,178 278,227 SH   SOLE   238,248 0 39,979
Buzzi Unicem SpA RSP ORD COM 5782284 14,117 1,275,299 SH   SOLE   843,142 0 432,157
CIR SpA ORD COM 4162371 8,074 7,662,608 SH   SOLE   4,605,373 0 3,057,235
Commerzbank ORD COM B90LKT4 2,728 262,330 SH   SOLE   236,580 0 25,750
Danieli & Co RSP ORD COM 4253372 13,965 977,579 SH   SOLE   643,364 0 334,215
NN Group ORD COM BNG8PQ9 3,733 105,571 SH   SOLE   71,872 0 33,699
Nexans SA ORD COM 7130836 1,810 49,455 SH   SOLE   44,021 0 5,434
Salzgitter AG ORD COM 5465358 3,515 142,393 SH   SOLE   90,790 0 51,603
Barclays PLC ORD COM 3134865 490 151,809 SH   SOLE   151,809 0 0
Debenhams PLC ORD COM B126KH9 5,255 4,867,203 SH   SOLE   3,196,272 0 1,670,931
Home Retail Group ORD COM B19NKB7 3,663 2,496,671 SH   SOLE   1,592,197 0 904,474
Morrisons PLC ORD COM 0604316 13,754 6,296,479 SH   SOLE   4,242,448 0 2,054,031
Sainsbury PLC ORD COM B019KW7 17,516 4,591,940 SH   SOLE   3,159,597 0 1,432,343
Standard Chartered PLC ORD COM 0408284 109 13,111 SH   SOLE   13,111 0 0
Modern Times Group ORD COM B151P43 5,919 230,277 SH   SOLE   155,872 0 74,405
Oriflame Holding AG ORD COM BYL6RK3 7,695 477,032 SH   SOLE   401,620 0 75,412
Metcash Ltd ORD COM B0744W4 6,165 5,246,561 SH   SOLE   3,085,369 0 2,161,192
Oz Minerals ORD COM 6397825 9,122 3,095,959 SH   SOLE   1,943,034 0 1,152,925
WorleyParsons ORD COM 6562474 10,771 3,197,566 SH   SOLE   2,112,300 0 1,085,266
D/S Norden ORD COM B1WP656 7,316 411,607 SH   SOLE   277,284 0 134,323
Bradespar SA - Pref (BRAP4) COM B01SCS4 505 400,436 SH   SOLE   269,228 0 131,208
Centrais Electricas Brasilier COM 2311120 256 176,081 SH   SOLE   176,081 0 0
Cia Saneamento Basico De Sp OR COM B1YCHL8 194 40,583 SH   SOLE   40,583 0 0
Cia Saneamento Minas Gerais OR COM B0YBZJ2 2,796 713,651 SH   SOLE   450,155 0 263,496
Aker Solutions ASA ORD COM BQN1C50 5,031 1,469,655 SH   SOLE   974,998 0 494,657
Norsk Hydro ASA ORD COM B11HK39 2,235 597,027 SH   SOLE   380,128 0 216,899
Subsea 7 SA ORD COM 5258246 6,640 932,173 SH   SOLE   578,615 0 353,558