13F-HR 1 f13f_30june2008dia.txt ---------------------------- OMB APPROVAL ---------------------------- OMB Number: 3235-00006 Expires: December 31, 2009 Estimated average burden hours per response..... 24.7 ---------------------------- SEC USE ONLY ---------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F Report for the Calendar Year or Quarter Ended: June 30, 2008 Check here if Amendment [ ] Amendment Number: ____ This Amendment (Check only one): [ ] is a restatement [ ] adds new holding entries. Institutional Investment Manager Name: Denver Investment Advisors LLC Address: 1225 17th St., 26th Floor, Denver, CO 80217 Form 13F File Number: 28-5416 The institutional investment manager filing this report and the person by whom it is signed represent that the person signing the report is authorized to submit it, that all information contained therein is true, correct and complete, ant that it is understood that all required items, statements, schedules, lists and tables, are considered integral parts of this form. Person Signing this Report on Behalf of the Reporting Manager: Reporting Manager: Denver Investment Advisors LLC Name: Todger Anderson Title: Chairman and Chief Compliance Officer Phone: (303) 312-5000 Signature, Place, and Date of Signing: /s/ Todger Anderson ------------------------------------------------ [Signature] Todger Anderson Denver, Colorado ------------------------------------------------ [City, State] August 13, 2008 ------------------------------------------------ [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report). [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: N/A Form 13F Information Table Entry Total: 166,428,148 Form 13F Information Table Value Total: $4,711,436 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE
FORM 13F INFORMATION TABLE REPORTING MANAGER: DENVER INVESTMENT ADVISORS LLC ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------- -------- -------- -------- ------------------- ---------- -------- ---------------------- TITLE OTHER SOLE SHARED NONE NAME OF ISSUER OF CUSIP VALUE SHRS OR SH/ PUT/ INVESTMENT MANA- ---------------------- CLASS NUMBER (X$1,000) PRN AMT PRN CALL DISCRETION GERS VOTING AUTHORITY ------------------------------------------------------------------------------------------------------------------------------------ ABB LTD COMMON 375204 12128 428240 SH OTHER 419545 0 8695 AFLAC INC COMMON 001055102 1204 19175 SH SOLE 18975 0 200 AGCO CORP COMMON 001084102 35249 672555 SH SOLE 242655 0 429900 AMB PROPERTY CORP COMMON 00163T109 966 19165 SH SOLE 19165 0 0 AMAG PHARMACEUTICALS INC COMMON 00163U106 7055 206900 SH SOLE 10100 0 196800 AT&T INC COMMON 00206R102 6967 206798 SH OTHER 206798 0 0 ATP OIL & GAS CORP COMMON 00208J108 1648 43871 SH SOLE 38971 0 4900 AARON RENTS INC COMMON 002535201 28320 1265784 SH SOLE 329671 0 936113 AARON RENTS INC COMMON 002535201 2680 120000 SH DEFINED 0 0 120000 ABBOTT LABORATORIES COM 002824100 24185 455038 SH OTHER 451763 0 3275 ABERCROMBIE & FITCH CO CL A COMMON 002896207 31268 498915 SH SOLE 234360 0 264555 ACCURIDE CORP COMMON 004398103 12628 2971300 SH SOLE 145900 0 2825400 ACME PACKET INC COMMON 004764106 210 27100 SH SOLE 19000 0 8100 ADOBE SYS INC COMMON 00724F101 1774 45029 SH SOLE 41517 0 3512 ADTRAN INC COMMON 00738A106 15484 649144 SH SOLE 558090 0 91054 ADTRAN INC COMMON 00738A106 5141 215650 SH DEFINED 0 0 215650 AEROPOSTALE INC COMMON 007865108 3084 99450 SH SOLE 88125 0 11325 ADVANCED ENERGY INDS COMMON 007973100 2761 204765 SH SOLE 182375 0 22390 AETNA INC NEW COMMON 00817Y108 1629 40200 SH SOLE 40200 0 0 AFFILIATED MANAGERS GROU COMMON 008252108 2481 27563 SH SOLE 27563 0 0 AIR PRODS & CHEMS INC COMMON 009158106 6560 66628 SH SOLE 66628 0 0 AIRTRAN HLDGS INC COMMON 00949P108 374 183100 SH SOLE 180800 0 2300 AKAMAI TECHNOLOGIES INC COMMON 00971T101 53156 1527977 SH SOLE 590177 0 937800 ALBANY INTL CORP CL A 012348108 10655 369649 SH SOLE 314409 0 55240 ALBANY INTL CORP CL A 012348108 3804 131180 SH DEFINED 0 0 131180 ALCOA INC COMMON 013817101 1044 29300 SH SOLE 29300 0 0 ALEXANDRIA REAL ESTATE EQUITIE COMMON 015271109 1485 15260 SH SOLE 15260 0 0 DIPLOMA PLC COMMON 0182663 2181 672236 SH SOLE 672236 0 0 ALLSTATE CORP COMMON 020002101 4058 89021 SH OTHER 88121 0 900 ALTERA CORP COMMON 021441100 5429 262276 SH SOLE 262276 0 0 CRANSWICK PLC COMMON 0231888 2095 162300 SH SOLE 162300 0 0 AMEDISYS INC COMMON 023436108 15933 316000 SH SOLE 15500 0 300500 AMERICA MOVIL SAB DE CV DEPOSITORY RECEI 02364W105 3753 71790 SH SOLE 71665 0 125 AMERICAN CAPITAL LTD COMMON 02503Y103 835 35201 SH SOLE 35201 0 0 AMERICAN EQTY INVT LIFE COMMON 025676206 10734 1321589 SH SOLE 1123633 0 197956 AMERICAN EQTY INVT LIFE COMMON 025676206 3822 469000 SH DEFINED 0 0 469000 AMERICAN EXPRESS CO COMMON 025816109 1153 30600 SH SOLE 30600 0 0 AMERICAN INTL GROUP INC COMMON 026874107 4577 172989 SH SOLE 171019 0 1970 AMGEN INC COMMON 031162100 8306 176119 SH OTHER 175019 0 1100 AMYLIN PHARMACEUTICALS I COMMON 032346108 16162 636550 SH SOLE 234650 0 401900 ANADARKO PETE CORP COMMON 032511107 454 6063 SH SOLE 6063 0 0 ANHEUSER BUSCH COS INC COMMON 035229103 873 13391 SH SOLE 13391 0 0 ANIXTER INTL INC COMMON 035290105 6409 107728 SH OTHER 106728 0 1000 ANNALY CAPITAL MGMT INC COMMON 035710409 1885 121546 SH SOLE 121546 0 0 ANWORTH MORTGAGE ASSET CORP COMMON 037347101 3387 518212 SH SOLE 455012 0 63200 APACHE CORP COMMON 037411105 5884 42330 SH OTHER 40600 0 1730 APOLLO INVESTMENT CORP COMMON 03761U106 387 27001 SH SOLE 27001 0 0 APPLE INC COMMON 037833100 22471 133686 SH SOLE 132921 0 765 APPLIED MATLS INC COMMON 038222105 4119 218126 SH SOLE 218126 0 0 ARCH COAL INC COMMON 039380100 5245 71908 SH SOLE 71908 0 0 ARCHER DANIELS MIDLAND C COMMON 039483102 1309 38785 SH SOLE 37785 0 1000 ARTHROCARE CORP COMMON 043136100 45252 1108835 SH SOLE 371335 0 737500 ARVINMERITOR INC COMMON 043353101 55737 4477463 SH SOLE 2046377 0 2431086 ARVINMERITOR INC COMMON 043353101 3246 260100 SH DEFINED 0 0 260100 ASBURY AUTOMOTIVE GROUP INC COMMON 043436104 4741 375800 SH SOLE 310339 0 65461 ASBURY AUTOMOTIVE GROUP INC COMMON 043436104 1685 131100 SH DEFINED 0 0 131100 ASSOCIATED ESTATES RLTY COMMON 045604105 6410 594154 SH SOLE 569425 0 24729 ASSOCIATED ESTATES RLTY COMMON 045604105 2571 240100 SH DEFINED 0 0 240100 ATMOS ENERGY CORP COMMON 049560105 7438 269782 SH OTHER 265652 0 4130 AUTODESK INC COMMON 052769106 1214 35920 SH SOLE 32770 0 3150 AUTOLIV INC COMMON 052800109 1753 37626 SH SOLE 37626 0 0 AVON PRODS INC COMMON 054303102 3159 87689 SH OTHER 87689 0 0 BP PLC SPONSORED ADR 055622104 10020 144033 SH OTHER 143733 0 300 MEARS GROUP PLC COMMON 0563042 1881 344037 SH SOLE 344037 0 0 BAKER HUGHES INC COMMON 057224107 2909 33310 SH SOLE 31260 0 2050 BALL CORP COMMON 058498106 5635 118040 SH SOLE 118040 0 0 BALLY TECHNOLOGIES INC COM NEW 05874B107 30559 904115 SH SOLE 325715 0 578400 BANK OF AMERICA CORP COMMON 060505104 4830 202355 SH OTHER 200828 0 1527 BARR PHARMACEUTICALS INC COMMON 068306109 436 9675 SH SOLE 9675 0 0 BARRETT BILL CORP COMMON 06846N104 568 9564 SH SOLE 9564 0 0 BAXTER INTL INC COMMON 071813109 7141 111206 SH SOLE 109216 0 1990 BE AEROSPACE INC COMMON 073302101 22303 957605 SH SOLE 345025 0 612580 BECKMAN COULTER INC COMMON 075811109 4009 59360 SH SOLE 58760 0 600 BECTON DICKINSON & CO COMMON 075887109 4271 52531 SH SOLE 50089 0 2442 BEL FUSE INC CL B 077347300 4461 180649 SH SOLE 153033 0 27616 BEL FUSE INC CL B 077347300 1594 64500 SH DEFINED 0 0 64500 BELDEN INC COMMON 077454106 25496 759515 SH SOLE 654536 0 104979 BELDEN INC COMMON 077454106 7155 211200 SH DEFINED 0 0 211200 BERKSHIRE HATHAWAY CL A CL A 084670108 725 6 SH SOLE 6 0 0 BERKSHIRE HATHAWAY INC B CL B 084670207 586 146 SH SOLE 146 0 0 BERRY PETE CO CL A 085789105 22165 379618 SH SOLE 323820 0 55798 BERRY PETE CO CL A 085789105 7201 122300 SH DEFINED 0 0 122300 BIOMARIN PHARMACEUTICAL INC COMMON 09061G101 41358 1427117 SH SOLE 503117 0 924000 BLACKBAUD INC COMMON 09227Q100 7393 347952 SH SOLE 296206 0 51746 BLACKBAUD INC COMMON 09227Q100 2569 120050 SH DEFINED 0 0 120050 BLACKROCK INC COMMON 09247X101 3204 18100 SH SOLE 0 0 18100 BLAST ENERGY SERVICES IN COMMON 093440105 14 40000 SH SOLE 40000 0 0 BOB EVANS FARMS INC COMMON 096761101 13569 478497 SH SOLE 401684 0 76813 BOB EVANS FARMS INC COMMON 096761101 4779 167100 SH DEFINED 0 0 167100 BOEING CO COMMON 097023105 5098 77857 SH SOLE 77857 0 0 BRINKS CO / THE COMMON 109696104 31762 485515 SH SOLE 177915 0 307600 BRISTOL MYERS SQUIBB CO COMMON 110122108 337 16400 SH SOLE 16400 0 0 BROADCOM CORP CL A 111320107 29562 1083194 SH SOLE 670894 0 412300 BURLINGTON NORTHN SANTA FE CORPCOMMON 12189T104 315 3150 SH SOLE 3150 0 0 C D I CORP COMMON 125071100 11569 458308 SH SOLE 389533 0 68775 C D I CORP COMMON 125071100 4185 164500 SH DEFINED 0 0 164500 CIGNA CORP COMMON 125509109 1674 47299 SH SOLE 47299 0 0 CVS CAREMARK CORP COMMON 126650100 8914 226607 SH SOLE 226607 0 0 CALAVO GROWERS INC COMMON 128246105 1641 134427 SH SOLE 119927 0 14500 CAMDEN PPTY TR COMMON 133131102 1329 30030 SH SOLE 30030 0 0 CAMERON INTERNATIONAL CORP COMMON 13342B105 65235 1180133 SH SOLE 508833 0 671300 CAMPBELL SOUP CO COMMON 134429109 3329 99500 SH SOLE 99500 0 0 CAPITALSOURCE INC COMMON 14055X102 9763 881156 SH SOLE 46300 0 834856 CARRIZO OIL & CO INC COMMON 144577103 25449 375357 SH SOLE 65257 0 310100 CASEYS GEN STORES INC COMMON 147528103 15071 653881 SH SOLE 561166 0 92715 CASEYS GEN STORES INC COMMON 147528103 4173 180100 SH DEFINED 0 0 180100 CASH AMER INTL INC COMMON 14754D100 11499 361321 SH SOLE 307207 0 54114 CASH AMER INTL INC COMMON 14754D100 3969 128026 SH DEFINED 0 0 128026 CATERPILLAR INC DEL COMMON 149123101 8471 114756 SH SOLE 113701 0 1055 CELANESE CORP DEL COM SER A 150870103 54464 1192819 SH SOLE 459419 0 733400 CELGENE CORP COMMON 151020104 4425 67380 SH SOLE 67380 0 0 CENTENE CORP DEL COMMON 15135B101 978 57384 SH SOLE 50884 0 6500 CENTERPOINT ENERGY INC COMMON 15189T107 2147 133833 SH SOLE 133833 0 0 CENTRAL EUROPEAN DIST CO COMMON 153435102 13862 186945 SH SOLE 66945 0 120000 CEPHALON INC COMMON 156708109 67899 1018060 SH SOLE 410600 0 607460 CHEVRONTEXACO CORP COMMON 166764100 9310 93916 SH OTHER 92810 0 1106 CHINA MOBILE LIMITED COMMON 16941M109 1046 15625 SH SOLE 14740 0 885 CHUBB CORP COMMON 171232101 314 6400 SH SOLE 6400 0 0 CISCO SYS INC COMMON 17275R102 25948 1123272 SH OTHER 1114036 0 9236 CITIGROUP INC COMMON 172967101 665 39685 SH SOLE 39685 0 0 COACH INC COMMON 189754104 22801 789525 SH SOLE 480925 0 308600 COCA COLA CO COMMON 191216100 8391 161421 SH OTHER 160371 0 1050 COHU INC COMMON 192576106 6075 412722 SH SOLE 350284 0 62438 COHU INC COMMON 192576106 2170 147812 SH DEFINED 0 0 147812 KENNETH COLE PRODUCTIONS INC CL A - COMMON 193294105 1490 115591 SH SOLE 102491 0 13100 COLGATE PALMOLIVE CO COMMON 194162103 5727 82874 SH SOLE 82874 0 0 COLONIAL BANCGROUP INC COMMON 195493309 4626 1061006 SH SOLE 925726 0 135280 COLONIAL BANCGROUP INC COMMON 195493309 1415 320100 SH DEFINED 0 0 320100 COLUMBUS MCKINNON CORP COMMON 199333105 3769 160864 SH SOLE 143114 0 17750 COMMSCOPE INC COMMON 203372107 8944 171217 SH SOLE 160672 0 10545 COMPUTER SCIENCES CORP COMMON 205363104 2134 45550 SH SOLE 45550 0 0 CONOCOPHILLIPS COMMON 20825C104 801 8485 SH SOLE 8413 0 72 CONTINENTAL AIRLINES INC CL B 210795308 15580 1541045 SH SOLE 468645 0 1072400 THE COOPER COS INC COMMON NEW 216648402 7588 205844 SH SOLE 173998 0 31846 THE COOPER COS INC COMMON NEW 216648402 2809 75600 SH DEFINED 0 0 75600 CORNING INC COMMON 219350105 8788 390356 SH SOLE 390356 0 0 CORPORATE EXECUTIVE BRD COMMON 21988R102 429 10200 SH SOLE 10200 0 0 COSTCO WHSL CORP NEW COMMON 22160K105 12286 175351 SH SOLE 172770 0 2581 COVANCE INC COMMON 222816100 1005 11687 SH SOLE 9610 0 2077 CROWN HOLDINGS INC COMMON 228368106 2802 107816 SH SOLE 107816 0 0 CUMMINS INC COMMON 231021106 9409 143624 SH SOLE 96224 0 47400 DCT INDUSTRIAL TRUST INC COMMON 233153105 2958 364244 SH SOLE 324044 0 40200 DTS INC COMMON 23335C101 15757 503100 SH SOLE 24700 0 478400 DANA HOLDING CORP COMMON 235825205 557 104190 SH SOLE 104190 0 0 DANAHER CORP DEL COMMON 235851102 2921 37786 SH SOLE 36756 0 1030 DARDEN RESTAURANTS INC COMMON 237194105 7207 225635 SH SOLE 225635 0 0 DATA DOMAIN INC COMMON 23767P109 13037 558800 SH SOLE 27500 0 531300 DAVITA INC COMMON 23918K108 30184 568115 SH SOLE 201840 0 366275 DEAN FOODS CO NEW COMMON 242370104 1038 52962 SH SOLE 52962 0 0 DEERE & CO COMMON 244199105 9462 132598 SH SOLE 130468 0 2130 DELTA AIR LINES INC COMMON 247361702 10939 1920102 SH SOLE 1286002 0 634100 DENBURY RESOURCES INC COMMON 247916208 52373 1434889 SH SOLE 567389 0 867500 DIAMONDROCK HOSPITALITY COMMON 252784301 5569 522059 SH SOLE 443259 0 78800 DIAMONDROCK HOSPITALITY COMMON 252784301 2030 186400 SH DEFINED 0 0 186400 DOLBY LABORATORIES INC COMMON 25659T107 42871 1063785 SH SOLE 383485 0 680300 DOW CHEM CO COMMON 260543103 4590 131473 SH SOLE 131473 0 0 DU PONT E I DE NEMOURS & COMMON 263534109 7137 166413 SH OTHER 165463 0 950 DUKE REALTY CORP COM NEW 264411505 4398 195913 SH OTHER 192913 0 3000 DUKE ENERGY CORP COMMON 26441C105 4592 264212 SH OTHER 263812 0 400 EOG RES INC COMMON 26875P101 932 7100 SH SOLE 7100 0 0 EATON VANCE CORP COM NON VTG 278265103 56756 1427465 SH SOLE 513465 0 914000 ELECTRONIC ARTS INC COMMON 285512109 14686 330538 SH SOLE 191638 0 138900 ELIZABETH ARDEN INC COMMON 28660G106 1631 108626 SH SOLE 96876 0 11750 EMCOR GROUP INC COMMON 29084Q100 3758 136343 SH SOLE 120943 0 15400 EMERSON ELEC CO COMMON 291011104 7650 154703 SH OTHER 153703 0 1000 ENBRIDGE ENERGY PARTNERS COMMON 29250R106 1744 34675 SH SOLE 34675 0 0 ENDO PHARMACEUTICALS HOLDINGS COMMON 29264F205 40076 1656684 SH SOLE 643584 0 1013100 ENNIS INC COMMON 293389102 11316 728138 SH SOLE 620715 0 107423 ENNIS INC COMMON 293389102 4105 262300 SH DEFINED 0 0 262300 ENPRO INDUSTRIES INC COMMON 29355X107 1372 37571 SH SOLE 33321 0 4250 EPICOR SOFTWARE CORP COMMON 29426L108 2919 422604 SH SOLE 375554 0 47050 EQUINIX INC COM NEW 29444U502 36473 408801 SH SOLE 147395 0 261406 EXLSERVICE HOLDINGS INC COMMON 302081104 146 10390 SH SOLE 7500 0 2890 EXPEDIA INC DEL COMMON 30212P105 2658 144625 SH SOLE 137145 0 7480 EXXON MOBIL CORP COMMON 30231G102 32726 372403 SH OTHER 369983 0 2420 FTI CONSULTING INC COMMON 302941109 29287 427800 SH SOLE 154400 0 273400 FAIRCHILD SEMICONDUCTOR INTL I COMMON 303726103 5160 443330 SH SOLE 406930 0 36400 FERRO CORP COMMON 315405100 8331 440958 SH SOLE 374388 0 66570 FERRO CORP COMMON 315405100 2966 158100 SH DEFINED 0 0 158100 FIRST CASH FINANCIAL SERVICES, COMMON 31942D107 4205 261529 SH SOLE 231939 0 29590 FIRST INDUSTRIAL RLTY UNS COMMON 32054K103 232 8437 SH SOLE 8437 0 0 FIRST NIAGARA FINACIAL GROUP I COMMON 33582V108 6196 483365 SH SOLE 410557 0 72808 FIRST NIAGARA FINACIAL GROUP I COMMON 33582V108 2230 173400 SH DEFINED 0 0 173400 FIRST SOLAR INC COMMON 336433107 12638 46263 SH SOLE 27463 0 18800 FIRST ST BANCORPORATION COMMON 336453105 566 111099 SH SOLE 98849 0 12250 FORD CAPITAL TRUST II SERIES S PVD TR CV6.5% 345395206 2630 95000 SH SOLE 95000 0 0 FOREST OIL CORP COM PAR $0.01 346091705 2041 27400 SH SOLE 27400 0 0 FRANKLIN RES INC COMMON 354613101 2057 22450 SH SOLE 22450 0 0 GALLAGHER ARTHUR J & CO COMMON 363576109 3758 155929 SH OTHER 154429 0 1500 GAMESTOP CORPORATION CLASS A COMMON 36467W109 32634 807765 SH SOLE 286765 0 521000 GENENTECH INC COM NEW 368710406 7259 95414 SH SOLE 93166 0 2248 GENERAL CABLE CORP DEL N COMMON 369300108 7635 127143 SH SOLE 121083 0 6060 GENERAL DYNAMICS CORP COMMON 369550108 6179 73383 SH SOLE 71907 0 1476 GENERAL ELECTRIC COMPANY COMMON 369604103 17417 652581 SH OTHER 643251 0 9330 GENERAL MTRS CORP COMMON 370442105 343 29804 SH SOLE 29804 0 0 GENERAL MOTORS CORP DEB SR CV C 33 370442717 1894 142300 SH SOLE 142300 0 0 GENZYME CORP COMMON 372917104 3955 54202 SH SOLE 54202 0 0 GILEAD SCIENCES INC COMMON 375558103 10707 201129 SH SOLE 201129 0 0 GOLDMAN SACHS GROUP INC COMMON 38141G104 10291 59486 SH SOLE 58403 0 1083 GOOGLE INC CL A 38259P508 22991 43778 SH SOLE 43384 0 394 GULF ISLAND FABRICATION COMMON 402307102 17225 356467 SH SOLE 303206 0 53261 GULF ISLAND FABRICATION COMMON 402307102 6170 126067 SH DEFINED 0 0 126067 HLTH CORP COMMON 40422Y101 177 15625 SH SOLE 0 0 15625 HRPT PROPERTIES TRUST COM SH BEN INT 40426W101 501 74000 SH SOLE 74000 0 0 HALLIBURTON CO COMMON 406216101 6295 120769 SH SOLE 120769 0 0 HANOVER INS GROUP INC COMMON 410867105 2142 52221 SH SOLE 46261 0 5960 HARRIS CORP DEL COMMON 413875105 396 7844 SH SOLE 6844 0 1000 HEALTHCARE REALTY COMMON 421946104 896 37700 SH SOLE 37700 0 0 HEADWATERS INC COMMON 42210P102 2912 258238 SH SOLE 228788 0 29450 HELIX ENERGY SOLUTIONS GROUP I COMMON 42330P107 366 8780 SH SOLE 8780 0 0 HEWLETT PACKARD CO COMMON 428236103 17159 390062 SH OTHER 388262 0 1800 HOLLY CORP COM PAR $0.01 435758305 6058 167458 SH SOLE 145498 0 21960 HOLLY CORP COM PAR $0.01 435758305 1805 48900 SH DEFINED 0 0 48900 HOME DEPOT INC COMMON 437076102 962 41065 SH SOLE 41065 0 0 HOME PROPERTIES INC COMMON 437306103 831 17300 SH SOLE 0 0 17300 HONEYWELL INTL INC COMMON 438516106 3638 72360 SH SOLE 72360 0 0 HOSPITALITY PROPERTIES TRUST COM SH BEN INT 44106M102 690 28200 SH SOLE 28200 0 0 HUB GROUP INC CL A 443320106 43033 1260845 SH SOLE 462645 0 798200 HUMANA INC COMMON 444859102 13177 331344 SH SOLE 190544 0 140800 HUNT J B TRANS SVCS INC COMMON 445658107 26689 801945 SH SOLE 294945 0 507000 IAC INTERACTIVECORP COMMON 44919P300 369 19116 SH SOLE 11636 0 7480 ITT CORP COMMON 450911102 7791 123024 SH SOLE 120558 0 2466 ILLINOIS TOOL WKS INC COMMON 452308109 581 12235 SH SOLE 2335 0 9900 ILLUMINA INC COMMON 452327109 28333 325260 SH SOLE 96160 0 229100 INGRAM MICRO INC CL A 457153104 2341 131938 SH SOLE 131938 0 0 INSIGHT ENTERPRISES INC COMMON 45765U103 1051 89562 SH SOLE 13625 0 75937 INTEGRATED ELECTRICAL SERVICES COMMON 45811E301 2536 148524 SH SOLE 131724 0 16800 INTEL CORP COMMON 458140100 20931 976896 SH OTHER 969424 0 7472 METKA SA COMMON 4584351 1783 83600 SH SOLE 83600 0 0 INTL BUSINESS MACHINES COMMON 459200101 25973 219128 SH OTHER 217353 0 1775 INTERSIL CORP CL A 46069S109 28671 1178925 SH SOLE 424825 0 754100 INVITROGEN CORP COMMON 46185R100 2294 58403 SH SOLE 57503 0 900 ISHARES TR NASDAQ BIOTECH ETF 464287556 347 4520 SH SOLE 4520 0 0 ISHS S&P GLOBAL MATERIALS ETF 464288695 1475 17790 SH SOLE 17215 0 575 ITRON INC COMMON 465741106 36457 370685 SH SOLE 134085 0 236600 JPMORGAN CHASE & CO COMMON 46625H100 7386 215273 SH OTHER 213337 0 1936 JACOBS ENGINEERING GROUP INC COMMON 469814107 30340 375965 SH SOLE 139265 0 236700 JANUS CAP GROUP INC COMMON 47102X105 4552 177211 SH SOLE 177211 0 0 JEFFERIES GROUP INC NEW COMMON 472319102 18966 1127600 SH SOLE 399800 0 727800 JOHNSON & JOHNSON COMMON 478160104 3830 59533 SH OTHER 58333 0 1200 JOY GLOBAL INC COMMON 481165108 42160 556008 SH SOLE 221508 0 334500 K V PHARMACEUTICAL CO CL A 482740206 1961 98834 SH SOLE 87584 0 11250 KANSAS CITY SOUTHERN COM NEW 485170302 25687 583935 SH SOLE 210835 0 373100 KENDLE INTERNATIONAL INC COMMON 48880L107 4083 111245 SH SOLE 98590 0 12655 KENNAMETAL INC COMMON 489170100 4137 127112 SH OTHER 127112 0 0 KIMBERLY CLARK CORP COMMON 494368103 5709 95501 SH OTHER 93411 0 2090 KNOLL INC COM NEW 498904200 11104 906558 SH SOLE 758770 0 147788 KNOLL INC COM NEW 498904200 3889 320100 SH DEFINED 0 0 320100 KROGER CO COMMON 501044101 2448 84794 SH OTHER 84794 0 0 LSI INDUSTRIES INC COMMON 50216C108 4216 514693 SH SOLE 436692 0 78001 LSI INDUSTRIES INC COMMON 50216C108 1498 184500 SH DEFINED 0 0 184500 LABORATORY CORP OF AMERICA HOL COMMON 50540R409 24782 355920 SH SOLE 217120 0 138800 LANCASTER COLONY CORP COMMON 513847103 6008 197963 SH SOLE 167772 0 30191 LANCASTER COLONY CORP COMMON 513847103 1985 65556 SH DEFINED 0 0 65556 LEGG MASON INC COMMON 524901105 1747 40100 SH SOLE 40100 0 0 LIFE SCIENCES RESEARCH INC COMMON 532169109 1664 59464 SH SOLE 52114 0 7350 LINCOLN ELEC HLDGS INC COMMON 533900106 17258 221040 SH SOLE 187620 0 33420 LINCOLN ELEC HLDGS INC COMMON 533900106 6453 82000 SH DEFINED 0 0 82000 LOCKHEED MARTIN CORP COMMON 539830109 6049 60965 SH SOLE 60965 0 0 MFA MORTGAGE INVESTMENTS INC COMMON 55272X102 12570 1936792 SH SOLE 1646453 0 290339 MFA MORTGAGE INVESTMENTS INC COMMON 55272X102 4496 689500 SH DEFINED 0 0 689500 STEVEN MADDEN LTD COMMON 556269108 3827 207639 SH SOLE 185189 0 22450 MANITOWOC INC COMMON 563571108 2152 66287 SH SOLE 66287 0 0 MANULIFE FINL CORP COMMON 56501R106 312 9000 SH SOLE 9000 0 0 MARATHON OIL CORP COMMON 565849106 8179 157690 SH SOLE 157490 0 200 NORDNET AB - B SHARES COMMON 5692532 165 71500 SH SOLE 71500 0 0 MARSHALL & ILSLEY CORP COMMON 571837103 954 62420 SH SOLE 62420 0 0 MASTERCARD INC CL A COMMON 57636Q104 12716 48271 SH SOLE 48271 0 0 MCDERMOTT INTL INC COMMON 580037109 6461 106007 SH SOLE 106007 0 0 MCDONALDS CORP COMMON 580135101 8353 147863 SH OTHER 147863 0 0 MCG CAPITAL CORP COMMON 58047P107 2795 713280 SH SOLE 606147 0 107133 MCG CAPITAL CORP COMMON 58047P107 1016 255169 SH DEFINED 0 0 255169 MEDCO HEALTH SOLUTIONS I COMMON 58405U102 5881 124658 SH SOLE 124658 0 0 MEDTRONIC INC COMMON 585055106 11970 231178 SH OTHER 227833 0 3345 MELCO CROWN ENTERTAINMENT LTD COMMON 585464100 32140 3448581 SH SOLE 1212731 0 2235850 MENTOR CORP COMMON 587188103 18793 678366 SH SOLE 377878 0 300488 MENTOR CORP COMMON 587188103 3586 128900 SH DEFINED 0 0 128900 CTS EVENTIM AG COMMON 5881857 2654 66200 SH SOLE 66200 0 0 MERCK & CO INC COMMON 589331107 5042 134221 SH SOLE 134221 0 0 MERIDIAN BIOSCIENCE INC COMMON 589584101 10756 396291 SH SOLE 336954 0 59337 MERIDIAN BIOSCIENCE INC COMMON 589584101 3769 140000 SH DEFINED 0 0 140000 METAVANTE TECHNOLOGIES INC COMMON 591407101 1268 56051 SH SOLE 56051 0 0 METROPCS COMMUNICATIONS INC COMMON 591708102 36886 2082790 SH SOLE 751690 0 1331100 MICROSOFT CORP COMMON 594918104 25712 938790 SH OTHER 931765 0 7025 OMEGA PHARMA SA COMMON 5955279 491 11600 SH SOLE 11600 0 0 MIDCAP SPDR TR UNIT SER 1 595635103 334 2246 SH SOLE 2246 0 0 D+S EUROPE AG COMMON 5970023 2296 112000 SH SOLE 112000 0 0 MOBILE TELESYSTEMS OJSC DEPOSITORY RECEI 607409109 3481 45750 SH SOLE 45750 0 0 MOLEX INC CL A 608554200 2546 111120 SH SOLE 109720 0 1400 MOLSON COORS BREWING CO CL B 60871R209 5528 101074 SH SOLE 101074 0 0 MONSANTO CO NEW COMMON 61166W101 11434 91635 SH SOLE 91635 0 0 MONSTER WORLDWIDE INC COMMON 611742107 20901 1014320 SH SOLE 416820 0 597500 OKINAWA CELLULAR TELEPHONE CO COMMON 6147428 281 170 SH SOLE 170 0 0 KS ENERGY SERVICES LTD COMMON 6168418 3236 2326180 SH SOLE 2326180 0 0 MORGAN STANLEY COM NEW 617446448 1254 34754 SH SOLE 34754 0 0 MOTOROLA INC COMMON 620076109 92 12500 SH SOLE 12500 0 0 MOVADO GROUP INC COMMON 624580106 11852 600532 SH SOLE 505692 0 94840 MOVADO GROUP INC COMMON 624580106 4182 211200 SH DEFINED 0 0 211200 MURPHY OIL CORP COMMON 626717102 1383 14100 SH SOLE 14100 0 0 GOODPACK LTD COMMON 6269708 152 134200 SH SOLE 134200 0 0 NII HOLDINGS INC CL B NEW 62913F201 46045 969615 SH SOLE 384350 0 585265 ROLAND DG CORP COMMON 6291400 1723 64900 SH SOLE 64900 0 0 POINT INC COMMON 6300016 416 14500 SH SOLE 14500 0 0 KINGDEE INTL SOFTWARE GROUP CO COMMON 6327587 438 2134000 SH SOLE 2134000 0 0 EN-JAPAN INC COMMON 6352750 2337 1384 SH SOLE 1384 0 0 NATIONAL-OILWELL INC COMMON 637071101 483 5446 SH SOLE 4547 0 899 NATIONAL SEMICONDUCTOR C COMMON 637640103 3622 176189 SH SOLE 176189 0 0 NATIONWIDE FINL SVCS INC CL A 638612101 1437 29949 SH SOLE 29949 0 0 NETFLIX COM INC COMMON 64110L106 22532 864305 SH SOLE 311305 0 553000 NETSCOUT SYS INC COMMON 64115T104 134 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INC COMMON 981811102 2462 120100 SH DEFINED 0 0 120100 WYETH COMMON 983024100 864 18023 SH SOLE 18023 0 0 WYNN RESORTS LTD COMMON 983134107 1809 22246 SH SOLE 22246 0 0 XM SATELLITE RADIO HLDGS CL A 983759101 142 18050 SH SOLE 11000 0 7050 XTO ENERGY INC COMMON 98385X106 10686 155977 SH SOLE 151639 0 4338 XCEL ENERGY INC COMMON 98389B100 1846 91975 SH OTHER 90975 0 1000 YAHOO INC COMMON 984332106 361 17476 SH SOLE 17476 0 0 YUM BRANDS INC COMMON 988498101 5904 167645 SH SOLE 167645 0 0 ZIMMER HLDGS INC COMMON 98956P102 21448 315178 SH SOLE 237563 0 77615 ZIONS BANCORPORATION COMMON 989701107 2107 66905 SH SOLE 65655 0 1250 CARDNO LIMITED COMMON B00T062 2741 629100 SH SOLE 629100 0 0 AZIMUT HLDG SPA COMMON B019M65 2397 271900 SH SOLE 271900 0 0 IG GROUP HLDGS PLC COMMON B06QFB7 2286 347800 SH SOLE 347800 0 0 ESPRINET SPA COMMON B08QZ48 1395 219991 SH SOLE 219991 0 0 GST HOLDINGS LTD COMMON B0BSFX0 456 1315700 SH SOLE 1315700 0 0 MAISONS FRANCE CONFORT COMMON B0DCZT6 1442 37200 SH SOLE 37200 0 0 INDUTRADE AB COMMON B0LDBX7 1711 87200 SH SOLE 87200 0 0 LONDON CAPITAL GROUP HOLDINGS COMMON B0RHGY9 2153 352900 SH SOLE 352900 0 0 SAVILLS PLC COMMON B135BJ4 2774 629200 SH SOLE 629200 0 0 RAFFLES EDUCATION CORP LTD COMMON B1G2XT6 2694 3239660 SH SOLE 3239660 0 0 DOMINOS PIZZA UK & IRL PLC COMMON B1S49Q9 1882 519560 SH SOLE 519560 0 0 AALBERTS INDUSTRIES NV COMMON B1W8P14 1995 105500 SH SOLE 105500 0 0 ANDRITZ AG COMMON B1WVF68 2240 35500 SH SOLE 35500 0 0 RIGHTMOVE PLC COMMON B2987V8 1175 220350 SH SOLE 220350 0 0 PROSAFE PRODUCTION PUBLIC LIMI COMMON B2R8044 1628 281170 SH SOLE 281170 0 0 ASSURED GUARANTY LTD COMMON G0585R106 11720 663125 SH SOLE 577129 0 85996 ASSURED GUARANTY LTD COMMON G0585R106 3677 204400 SH DEFINED 0 0 204400 BUNGE LTD COMMON G16962105 3950 36675 SH SOLE 36675 0 0 CENTRAL EUROPEAN MEDIA EN COMMON G20045202 38457 424800 SH SOLE 152200 0 272600 COVIDIEN LTD COMMON G2552X108 8477 176389 SH SOLE 176389 0 0 INVESCO LTD ADR G491BT108 42562 1775193 SH OTHER 1282453 0 492740 IPC HLDGS LTD COMMON G4933P101 2376 89456 SH SOLE 79206 0 10250 LAZARD LTD - CL A COMMON G54050102 36960 1082329 SH SOLE 418529 0 663800 MARVELL TECHNOLOGY GROUP ORD G5876H105 54824 3108934 SH SOLE 1316434 0 1792500 MAX CAPITAL GROUP LTD SHS G6052F103 13431 630654 SH SOLE 542164 0 88490 MAX CAPITAL GROUP LTD SHS G6052F103 3505 164300 SH DEFINED 0 0 164300 NOBLE CORPORATION COMMON G65422100 35658 548928 SH SOLE 342819 0 206109 PARTNERRE LTD COMMON G6852T105 1469 21250 SH SOLE 21250 0 0 PLATINUM UNDERWRITERS HLDG COMMON G7127P100 11392 350339 SH SOLE 297301 0 53038 PLATINUM UNDERWRITERS HLDG COMMON G7127P100 4096 125600 SH DEFINED 0 0 125600 TRANSOCEAN INC ADR G90073100 27687 182040 SH OTHER 180197 0 1843 TSAKOS ENERGY NAVIGATION LTD G9108L108 2986 81594 SH SOLE 72404 0 9190 WEATHERFORD INTERNATIONA COMMON G95089101 5393 112269 SH SOLE 112269 0 0 WILLIS GROUP HOLDINGS LT SHS G96655108 477 15200 SH SOLE 4800 0 10400 ACE LTD COMMON H0023R105 1934 35100 SH SOLE 35100 0 0 GIVEN IMAGING LTD COMMON M52020100 8283 561921 SH SOLE 321 0 561600 CNH GLOBAL N V-ADS COMMON N20935206 4405 129714 SH SOLE 129714 0 0 ORTHOFIX INTL N V COMMON N6748L102 40978 1422033 SH SOLE 532773 0 889260 ULTRAPETROL BAHAMAS LTD COMMON P94398107 2171 185988 SH SOLE 164788 0 21200 DIANA SHIPPING INC COMMON Y2066G104 13485 440013 SH OTHER 406536 0 33477 DIANA SHIPPING INC COMMON Y2066G104 2254 73400 SH DEFINED 0 0 73400 EAGLE BULK SHIPPING INC COMMON Y2187A101 15493 528142 SH SOLE 454155 0 73987 EAGLE BULK SHIPPING INC COMMON Y2187A101 4208 142300 SH DEFINED 0 0 142300 GENCO SHIPPING & TRADING LTD COMMON Y2685T107 12116 186353 SH SOLE 158711 0 27642 GENCO SHIPPING & TRADING LTD COMMON Y2685T107 4277 65600 SH DEFINED 0 0 65600 GENERAL MARITIME CORP COMMON Y2692M103 447 17200 SH SOLE 17200 0 0 NAVIOS MARITIME HOLDINGS INC COMMON Y62196103 1892 202015 SH SOLE 180915 0 21100 PHILIPPINE OIL DEVELPMNT COMMON Y69170911 0 88000 SH SOLE 88000 0 0 CHESAPEAKE ENERGY CORP COMMON 165167107 734 12031 SH SOLE 12031 0 0 ELAN CORP ADR COMMON 284131208 512 14959 SH SOLE 14959 0 0 ISHARES TR RUSSELL 1000 GROWTH COMMON 464287614 115 2167 SH SOLE 2167 0 0 COMCAST CORP NEW CL A COMMON 20030N101 0 2 SH SOLE 2 0 0 CROWN CASTLE INTL COR COMMON 228227104 2 50 SH SOLE 50 0 0 DRS TECHNOLOGIES INC COMMON 23330X100 2 23 SH SOLE 23 0 0 EXPRESS SCRIPTS INC C COMMON 302182100 1 20 SH SOLE 20 0 0 G A P INC COMMON 364760108 3 191 SH SOLE 191 0 0 GOODRICH B F CO COMMON 382388106 2 38 SH SOLE 38 0 0 INTERCONTINENTALEXCHA COMMON 45865V100 1 12 SH SOLE 12 0 0 ISHARES TR RUSSELL 30 COMMON 464287689 4 59 SH SOLE 59 0 0 LOWES COS INC COMMON 548661107 2 80 SH SOLE 80 0 0 NVIDIA CORP COMMON 67066G104 1 77 SH SOLE 77 0 0 TEREX CORP NEW COMMON 880779103 2 36 SH SOLE 36 0 0 TEXTRON INC COMMON 883203101 4 86 SH SOLE 86 0 0 VIMPEL-COMMUNICATIONS COMMON 68370R109 2 60 SH SOLE 60 0 0 ------- --------- TOTAL 4711436 166428148 ======= =========