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
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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
Aac Holdings Inc COM 000307108 575 79,405 SH   SOLE   49,684 0 29,721
Advansix Inc COM 00773T101 642 28,999 SH   SOLE   18,145 0 10,854
Allete COM 018522300 18,565 289,226 SH   SOLE   78,464 0 210,762
American Equity Invt Lifehldg COM 025676206 16,098 714,204 SH   SOLE   194,200 0 520,004
Anixter International Inc COM 035290105 10,522 129,825 SH   SOLE   34,982 0 94,843
Ares Cap Corp Com COM 04010L103 11,410 691,956 SH   SOLE   203,832 0 488,124
Asbury Automotive Group COM 043436104 15,051 243,931 SH   SOLE   65,225 0 178,706
Atlas Financial Holdings Inc COM G06207115 687 38,060 SH   SOLE   23,815 0 14,245
BHP Billiton PLC ADR COM 05545E209 6,807 216,365 SH   SOLE   94,199 0 122,166
Banc of California Inc COM 05990K106 8,288 477,699 SH   SOLE   115,357 0 362,342
Bankunited Inc COM 06652K103 19,099 506,734 SH   SOLE   122,393 0 384,341
Big Lots Inc COM 089302103 6,577 130,980 SH   SOLE   37,671 0 93,309
Bofi Holding Inc COM 05566U108 5,207 182,376 SH   SOLE   44,042 0 138,334
Buckle Inc COM 118440106 3,850 168,862 SH   SOLE   49,883 0 118,979
CNOOC Ltd ADR COM 126132109 6,438 51,933 SH   SOLE   38,240 0 13,693
Cal Maine Foods Inc COM 128030202 9,814 222,158 SH   SOLE   59,259 0 162,899
Cbiz COM 124805102 4,018 293,298 SH   SOLE   71,569 0 221,729
Cirrus Logic Inc COM 172755100 462 8,163 SH   SOLE   5,108 0 3,055
Clearwater Paper Corp COM 18538R103 4,556 69,497 SH   SOLE   18,943 0 50,554
Computer Programs & Systems COM 205306103 785 33,242 SH   SOLE   20,800 0 12,442
Convergys Corp COM 212485106 405 16,475 SH   SOLE   10,309 0 6,166
Cousins Properties Inc COM 222795106 6,936 815,097 SH   SOLE   211,123 0 603,974
Cross Country Healthcare COM 227483104 401 25,674 SH   SOLE   16,065 0 9,609
Cts COM 126501105 1,041 46,483 SH   SOLE   11,792 0 34,691
DSW Inc. COM 23334L102 9,079 400,845 SH   SOLE   111,075 0 289,770
Dean Foods COM 242370203 15,647 718,408 SH   SOLE   194,951 0 523,457
Deluxe Corp COM 248019101 10,951 152,926 SH   SOLE   36,999 0 115,927
Domtar Corporation COM 257559203 16,658 426,801 SH   SOLE   115,255 0 311,546
East West Bancorp COM 27579R104 15,342 301,824 SH   SOLE   79,703 0 222,121
Emergent Biosolutions Inc COM 29089Q105 8,948 272,465 SH   SOLE   74,792 0 197,673
Encore Capital Group Inc COM 292554102 18,905 659,851 SH   SOLE   170,404 0 489,447
Endo Pharmaceuticals ORD COM G30401106 9,317 565,717 SH   SOLE   438,087 0 127,630
Essendant Inc COM 296689102 4,531 216,787 SH   SOLE   57,366 0 159,421
Evercore Partners Inc COM 29977A105 9,849 143,366 SH   SOLE   27,467 0 115,899
Express Inc ORD COM 30219E103 15,517 1,442,065 SH   SOLE   382,241 0 1,059,824
Extended Stay America Inc COM 30224P200 15,882 983,390 SH   SOLE   269,662 0 713,728
F N B Corp Pa Com COM 302520101 7,622 475,463 SH   SOLE   114,833 0 360,630
Ferro Corp COM 315405100 12,207 851,818 SH   SOLE   205,639 0 646,179
First Potomac REIT COM 33610F109 7,089 646,211 SH   SOLE   185,208 0 461,003
Gain Capital Holdings COM 36268W100 5,825 885,291 SH   SOLE   213,717 0 671,574
Gamestop Corp COM 36467W109 4,240 167,855 SH   SOLE   56,661 0 111,194
Geo Group COM 36162J106 10,085 280,672 SH   SOLE   90,681 0 189,991
Green Dot Corporation COM 39304D102 5,317 225,785 SH   SOLE   63,881 0 161,904
Hawaiian Telecom COM 420031106 247 9,953 SH   SOLE   6,228 0 3,725
Healthsouth Corp COM 421924309 14,913 361,621 SH   SOLE   97,348 0 264,273
Hersha Hosp Trust COM 427825500 8,578 398,961 SH   SOLE   113,828 0 285,133
Hibbett Sports Inc COM 428567101 13,258 355,429 SH   SOLE   85,843 0 269,586
Hope Bancorp, Inc COM 43940T109 19,689 899,447 SH   SOLE   239,056 0 660,391
Interface Inc COM 458665304 6,332 341,331 SH   SOLE   94,410 0 246,921
Janus Capital Group Inc COM 47102X105 11,661 878,716 SH   SOLE   239,712 0 639,004
Kaiser Aluminum COM 483007704 9,189 118,284 SH   SOLE   28,554 0 89,730
Kforce Inc Com COM 493732101 222 9,621 SH   SOLE   6,020 0 3,601
Kimball International COM 494274103 344 19,599 SH   SOLE   12,263 0 7,336
Knowles Corporation COM 49926D109 9,734 582,550 SH   SOLE   140,840 0 441,710
Korn/Ferry International COM 500643200 9,041 307,206 SH   SOLE   84,016 0 223,190
Lasalle Hotel Pptys COM 517942108 11,270 369,862 SH   SOLE   101,203 0 268,659
Libbey Inc COM 529898108 6,579 338,057 SH   SOLE   88,590 0 249,467
Lithia Motors Inc Cl A COM 536797103 8,398 86,728 SH   SOLE   22,977 0 63,751
MGIC Investment Corp COM 552848103 14,118 1,385,493 SH   SOLE   334,572 0 1,050,921
Manning & Napier Inc COM 56382Q102 244 32,373 SH   SOLE   20,256 0 12,117
Matador Resources Co COM 576485205 9,205 357,343 SH   SOLE   86,235 0 271,108
Medical Properties COM 58463J304 16,695 1,357,353 SH   SOLE   376,121 0 981,232
Methode Electronics COM 591520200 1,021 24,683 SH   SOLE   15,445 0 9,238
Mylan Laboratories Inc. COM N59465109 15,546 407,501 SH   SOLE   303,032 0 104,469
New Mountain Finance Corporati COM 647551100 9,457 670,724 SH   SOLE   161,990 0 508,734
New Senior Investment Group OR COM 648691103 4,429 452,411 SH   SOLE   109,744 0 342,667
Northwestern COM 668074305 1,330 23,381 SH   SOLE   14,630 0 8,751
Opus Bank COM 684000102 8,193 272,629 SH   SOLE   65,789 0 206,840
Owens & Minor Inc New COM 690732102 1,133 32,105 SH   SOLE   20,089 0 12,016
Parexel International Corp COM 699462107 5,349 81,397 SH   SOLE   21,694 0 59,703
Park Electrochemical Corp Com COM 700416209 3,794 203,433 SH   SOLE   52,838 0 150,595
Parkway Inc COM 70156Q107 8,828 396,781 SH   SOLE   110,042 0 286,739
Pharmerica Corp COM 71714F104 12,993 516,604 SH   SOLE   141,191 0 375,413
Photronics Inc COM 719405102 3,796 335,959 SH   SOLE   89,338 0 246,621
Pitney Bowes Inc COM 724479100 18,650 1,227,812 SH   SOLE   328,299 0 899,513
Portland General Ele COM 736508847 18,076 417,166 SH   SOLE   100,712 0 316,454
Posco ADR COM 693483109 4,574 87,036 SH   SOLE   70,736 0 16,300
R.R. Donnelley & Sons Co. COM 257867200 2,792 171,054 SH   SOLE   47,348 0 123,706
Ramco-Gershenson Properties COM 751452202 8,632 520,639 SH   SOLE   134,240 0 386,399
Red Robin Gourmet Burgers COM 75689M101 9,517 168,736 SH   SOLE   44,902 0 123,834
Regal Beloit Corp COM 758750103 258 3,723 SH   SOLE   2,330 0 1,393
Rent-A-Center Inc New Com COM 76009N100 7,569 672,782 SH   SOLE   178,215 0 494,567
Royal Dutch Shell 'B' ADR COM 780259107 4,451 76,788 SH   SOLE   30,630 0 46,158
Rsp Permian Inc COM 74978Q105 14,208 318,426 SH   SOLE   76,854 0 241,572
Ruth's Hospitality Group COM 783332109 5,743 313,842 SH   SOLE   75,728 0 238,114
Sanderson Farms COM 800013104 6,827 72,444 SH   SOLE   22,000 0 50,444
Scansource Inc COM 806037107 13,277 329,058 SH   SOLE   88,586 0 240,472
Select Comfort Corporation COM 81616X103 9,451 417,803 SH   SOLE   105,205 0 312,598
Sonic Automotive Inc. COM 83545G102 13,871 605,727 SH   SOLE   155,853 0 449,874
Steelcase Inc COM 858155203 13,991 781,602 SH   SOLE   207,366 0 574,236
Steris PLC COM G84720104 1,044 15,493 SH   SOLE   9,694 0 5,799
Stifel Financial Corp COM 860630102 11,397 228,166 SH   SOLE   55,166 0 173,000
Super Micro Computer Inc COM 86800U104 8,185 291,815 SH   SOLE   77,641 0 214,174
Synaptics COM 87157D109 8,142 151,962 SH   SOLE   40,727 0 111,235
Synergy Resources Corp COM 87164P103 17,842 2,002,437 SH   SOLE   536,964 0 1,465,473
TCP Capital Corp COM 87238Q103 4,625 273,685 SH   SOLE   91,354 0 182,331
Tech Data Corp COM 878237106 446 5,267 SH   SOLE   3,296 0 1,971
Teletech Holdings COM 879939106 604 19,798 SH   SOLE   12,388 0 7,410
Teradata Corp COM 88076W103 11,333 417,125 SH   SOLE   112,482 0 304,643
Teradyne Inc COM 880770102 5,066 199,468 SH   SOLE   53,903 0 145,565
Ternium SA ADR COM 880890108 1,476 61,131 SH   SOLE   29,403 0 31,728
Tetra Tech COM 88162G103 5,927 137,355 SH   SOLE   33,157 0 104,198
Teva Pharmaceutical ADR COM 881624209 19,399 535,145 SH   SOLE   269,105 0 266,040
Thor Industries Inc COM 885160101 412 4,117 SH   SOLE   2,576 0 1,541
Trimas Corporation COM 896215209 10,597 450,934 SH   SOLE   108,828 0 342,106
Triumph Group Inc COM 896818101 5,787 218,387 SH   SOLE   57,493 0 160,894
Tupperware Brands Corp COM 899896104 10,345 196,600 SH   SOLE   53,937 0 142,663
Validus Holdings COM G9319H102 8,019 145,779 SH   SOLE   32,377 0 113,402
Vasco Data Security Intl COM 92230Y104 807 59,138 SH   SOLE   37,004 0 22,134
Verifone Systems Inc COM 92342Y109 9,696 546,889 SH   SOLE   146,559 0 400,330
Virtusa Corp COM 92827P102 9,846 391,946 SH   SOLE   104,615 0 287,331
Waddell & Reed Finl Inc Cl A COM 930059100 7,335 375,972 SH   SOLE   101,479 0 274,493
Woodward Inc COM 980745103 24,695 357,640 SH   SOLE   86,304 0 271,336
Zebra Technologies Corp COM 989207105 17,312 201,863 SH   SOLE   54,343 0 147,520
iStar Inc. COM 45031U101 16,532 1,336,429 SH   SOLE   324,422 0 1,012,007