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
ABBOTT LABORATORIES COM 002824100 9,027 201,000 SH   SOLE   201,000 0 0
AMERICAN EXPRESS CO COM 025816109 5,564 80,000 SH   SOLE   80,000 0 0
AON PLC SHS CL A G0408V102 9,774 106,000 SH   SOLE   106,000 0 0
APPLE INC COM 037833100 4,631 44,000 SH   SOLE   44,000 0 0
AT&T INC COM 00206R102 8,637 251,000 SH   SOLE   251,000 0 0
BANK NEW YORK MELLON CORP COM 064058100 8,491 206,000 SH   SOLE   206,000 0 0
BB&T CORP COM 054937107 8,054 213,000 SH   SOLE   213,000 0 0
BECTON DICKINSON & CO COM 075887109 10,016 65,000 SH   SOLE   65,000 0 0
BED BATH & BEYOND INC COM 075896100 9,655 200,100 SH   SOLE   200,100 0 0
BIG LOTS INC COM 089302103 9,751 253,000 SH   SOLE   253,000 0 0
BLOUNT INTL INC NEW COM 095180105 2,354 240,000 SH   SOLE   240,000 0 0
BRADY CORP CL A 104674106 10,548 459,000 SH   SOLE   459,000 0 0
CECO ENVIRONMENTAL CORP COM 125141101 4,531 590,000 SH   SOLE   590,000 0 0
CISCO SYS INC COM 17275R102 10,400 383,000 SH   SOLE   383,000 0 0
CITIZENS FINL GROUP INC COM 174610105 7,621 291,000 SH   SOLE   291,000 0 0
COACH INC COM 189754104 4,779 146,000 SH   SOLE   146,000 0 0
COMCAST CORP NEW CL A 20030N101 4,966 88,000 SH   SOLE   88,000 0 0
CORNING INC COM 219350105 7,678 420,000 SH   SOLE   420,000 0 0
CVS CAREMARK CORPORATION COM 126650100 6,257 64,000 SH   SOLE   64,000 0 0
CYNOSURE INC CL A 232577205 2,502 56,000 SH   SOLE   56,000 0 0
DAKTRONICS INC COM 234264109 3,863 443,000 SH   SOLE   443,000 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 4,801 56,000 SH   SOLE   56,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 6,539 129,000 SH   SOLE   129,000 0 0
DILLARDS INC CL A 254067101 14,325 218,000 SH   SOLE   218,000 0 0
DISCOVERY COMMUNICATIONS NEW COM SER C 25470F302 7,616 302,000 SH   SOLE   302,000 0 0
DOVER CORP COM 260003108 4,966 81,000 SH   SOLE   81,000 0 0
DSW INC CL A 23334L102 16,048 672,600 SH   SOLE   672,600 0 0
EBAY INC COM 278642103 5,936 216,000 SH   SOLE   216,000 0 0
ESTERLINE TECHNOLOGIES CORP COM 297425100 9,882 122,000 SH   SOLE   122,000 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 4,283 49,000 SH   SOLE   49,000 0 0
EXXON MOBIL CORP COM 30231G102 779 10,000 SH   SOLE   10,000 0 0
FEDERAL SIGNAL CORP COM 313855108 2,695 170,000 SH   SOLE   170,000 0 0
FIFTH THIRD BANCORP COM 316773100 9,166 456,000 SH   SOLE   456,000 0 0
FRANKLIN RES INC COM 354613101 10,125 275,000 SH   SOLE   275,000 0 0
GENERAL ELECTRIC CO COM 369604103 8,566 275,000 SH   SOLE   275,000 0 0
GENERAL MTRS CO COM 37045V100 9,693 285,000 SH   SOLE   285,000 0 0
GREENBRIER COS INC COM 393657101 17,778 545,000 SH   SOLE   545,000 0 0
GSI GROUP INC CDA NEW COM NEW 36191C205 3,786 278,000 SH   SOLE   278,000 0 0
HARMAN INTL INDS INC COM 413086109 14,791 157,000 SH   SOLE   157,000 0 0
HARMONIC INC COM 413160102 1,954 480,000 SH   SOLE   480,000 0 0
HIBBETT SPORTS INC COM 428567101 1,572 52,000 SH   SOLE   52,000 0 0
INGERSOLL-RAND PLC SHS G47791101 6,192 112,000 SH   SOLE   112,000 0 0
INTEL CORP COM 458140100 8,613 250,000 SH   SOLE   250,000 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 6,008 11,000 SH   SOLE   11,000 0 0
INVESCO LTD SHS G491BT108 11,350 339,000 SH   SOLE   339,000 0 0
ITRON INC COM 465741106 10,311 285,000 SH   SOLE   285,000 0 0
JANUS CAP GROUP INC COM 47102X105 14,527 1,031,000 SH   SOLE   1,031,000 0 0
JETBLUE AIRWAYS CORP COM 477143101 3,307 146,000 SH   SOLE   146,000 0 0
JOHNSON & JOHNSON COM 478160104 7,293 71,000 SH   SOLE   71,000 0 0
JOHNSON CTLS INC COM 478366107 5,687 144,000 SH   SOLE   144,000 0 0
JOY GLOBAL INC COM 481165108 8,550 678,000 SH   SOLE   678,000 0 0
KENNAMETAL INC COM 489170100 6,451 336,000 SH   SOLE   336,000 0 0
KEYSIGHT TECHNOLOGIES INC COM 49338L103 13,485 476,000 SH   SOLE   476,000 0 0
KOHLS CORP COM 500255104 12,098 254,000 SH   SOLE   254,000 0 0
LANDS END INC NEW COM 51509F105 2,602 111,000 SH   SOLE   111,000 0 0
LEGG MASON INC COM 524901105 15,300 390,000 SH   SOLE   390,000 0 0
LIFETIME BRANDS INC COM 53222Q103 3,554 268,000 SH   SOLE   268,000 0 0
LOWES COS INC COM 548661107 5,019 66,000 SH   SOLE   66,000 0 0
MACYS INC COM 55616P104 7,381 211,000 SH   SOLE   211,000 0 0
MARSH & MCLENNAN COS INC COM 571748102 7,042 127,000 SH   SOLE   127,000 0 0
MASTERCARD INC CL A 57636Q104 5,160 53,000 SH   SOLE   53,000 0 0
MEDTRONIC PLC SHS G5960L103 8,307 108,000 SH   SOLE   108,000 0 0
MICROSOFT CORP COM 594918104 8,766 158,000 SH   SOLE   158,000 0 0
MILLER INDS INC TENN COM NEW 600551204 2,788 128,000 SH   SOLE   128,000 0 0
MSC INDL DIRECT INC CL A 553530106 3,714 66,000 SH   SOLE   66,000 0 0
ORACLE CORP COM 68389X105 10,667 292,000 SH   SOLE   292,000 0 0
OSHKOSH CORP COM 688239201 11,669 298,900 SH   SOLE   298,900 0 0
OWENS ILL INC COM NEW 690768403 11,358 652,000 SH   SOLE   652,000 0 0
PACKAGING CORP AMER COM 695156109 5,372 85,200 SH   SOLE   85,200 0 0
PARKER HANNIFIN CORP COM 701094104 5,334 55,000 SH   SOLE   55,000 0 0
PATTERSON COMPANIES INC COM 703395103 10,398 230,000 SH   SOLE   230,000 0 0
PENTAIR PLC SHS G7S00T104 6,736 136,000 SH   SOLE   136,000 0 0
PEPSICO INC COM 713448108 4,896 49,000 SH   SOLE   49,000 0 0
POTBELLY CORP COM 73754Y100 3,888 332,000 SH   SOLE   332,000 0 0
PROCTOR & GAMBLE CO COM 742718109 3,653 46,000 SH   SOLE   46,000 0 0
RALPH LAUREN CORP CL A 751212101 4,682 42,000 SH   SOLE   42,000 0 0
REGAL-BELOIT CORP COM 758750103 15,332 262,000 SH   SOLE   262,000 0 0
SENSIENT TECHNOLOGIES CORP COM 81725T100 8,229 131,000 SH   SOLE   131,000 0 0
SPIRIT AIRLS INC COM 848577102 17,881 448,700 SH   SOLE   448,700 0 0
STANDARD MTR PRODS INC COM 853666105 2,165 56,900 SH   SOLE   56,900 0 0
STRYKER CORP COM 863667101 4,833 52,000 SH   SOLE   52,000 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109 1,920 92,000 SH   SOLE   92,000 0 0
TRAVELERS COMPANIES INC COM 89417E109 5,079 45,000 SH   SOLE   45,000 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 6,208 228,000 SH   SOLE   228,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106 4,715 49,000 SH   SOLE   49,000 0 0
UNITED TECHNOLOGIES CORP COM 913017109 8,838 92,000 SH   SOLE   92,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 7,176 61,000 SH   SOLE   61,000 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 3,824 32,000 SH   SOLE   32,000 0 0
US BANCORP DEL COM NEW 902973304 9,281 217,500 SH   SOLE   217,500 0 0
VASCO DATA SEC INTL INC COM 92230Y104 6,814 407,300 SH   SOLE   407,300 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 8,273 179,000 SH   SOLE   179,000 0 0
VIACOM INC NEW CL B 92553P201 5,474 133,000 SH   SOLE   133,000 0 0
VISA INC COM CL A 92826C839 5,041 65,000 SH   SOLE   65,000 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 10,749 892,000 SH   SOLE   892,000 0 0
VITAMIN SHOPPE INC COM 92849E101 15,434 472,000 SH   SOLE   472,000 0 0
WABASH NATL CORP COM 929566107 3,821 323,000 SH   SOLE   323,000 0 0
WENDYS CO COM 95058W100 11,255 1,045,000 SH   SOLE   1,045,000 0 0
WESCO INTL INC COM 95082P105 14,676 336,000 SH   SOLE   336,000 0 0
XYLEM INC COM 98419M100 5,183 142,000 SH   SOLE   142,000 0 0
ZEBRA TECHNOLOGIES CORP CL A 989207105 12,816 184,000 SH   SOLE   184,000 0 0
ZIMMER HLDGS INC COM 98956P102 12,003 117,000 SH   SOLE   117,000 0 0