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
ABBOTT LABORATORIES COM 002824100 218,313 4,861,129 SH   DFND 1 2,659,481 0 2,201,648
ACE LTD COM H0023R105 16,243 139,011 SH   SOLE   68,411 0 70,600
ACTUANT CORP- A COM 00508X203 64,828 2,705,683 SH   SOLE   1,685,333 0 1,020,350
AECOM COM 00766T100 79,096 2,633,890 SH   DFND 2 932,787 0 1,701,103
AETNA INC COM 00817Y108 63,439 586,750 SH   SOLE   2,594 0 584,156
ALLSTATE CORP COM 020002101 76,055 1,224,908 SH   DFND 2 186,061 0 1,038,847
AMERICAN INTERNATIONAL GROUP COM 026874784 469,611 7,578,036 SH   DFND 1 4,188,804 0 3,389,232
APACHE CORP COM 037411105 80,189 1,803,214 SH   DFND 2 235,014 0 1,568,200
ARC DOCUMENT SOLUTIONS INC COM 00191G103 16,889 3,821,153 SH   SOLE   3,429,552 0 391,601
ARGO GROUP INTERNATIONAL COM G0464B107 27,080 452,537 SH   SOLE   405,561 0 46,976
ARROW ELECTRONICS INC COM 042735100 13,759 253,945 SH   SOLE   466 0 253,479
ASPEN INSURANCE HOLDINGS LTD COM G05384105 29,203 604,616 SH   SOLE   541,916 0 62,700
ASSOCIATED BANC CORP COM 045487105 34,363 1,832,700 SH   SOLE   1,640,925 0 191,775
ASSURANT INC COM 04621X108 8,169 101,422 SH   DFND 2 21,377 0 80,045
AT&T INC COM 00206R102 28,321 823,058 SH   SOLE   7,833 0 815,225
AVNET INC COM 053807103 177,560 4,144,718 SH   DFND 2 2,393,123 0 1,751,595
AXIS CAPITAL HOLDINGS LTD COM G0692U109 316,913 5,637,010 SH   DFND 1,2 2,684,436 0 2,952,574
BAKER HUGHES INC COM 057224107 72,677 1,574,808 SH   SOLE   157,808 0 1,417,000
BANK OF AMERICA CORP COM 060505104 482,496 28,668,804 SH   DFND 1 15,765,379 0 12,903,425
BAXALTA INC COM 07177M103 140,245 3,593,273 SH   DFND 1 1,712,535 0 1,880,738
BAXTER INTERNATIONAL INC COM 071813109 180,716 4,736,982 SH   DFND 1 2,738,269 0 1,998,713
BBCN BANCORP INC COM 073295107 34,833 2,022,814 SH   SOLE   1,813,339 0 209,475
BP PLC - SPONS ADR COM 055622104 302,113 9,664,508 SH   DFND 1 4,742,600 0 4,921,908
BRADY CORP CL A COM 104674106 24,384 1,061,087 SH   DFND 2 971,779 0 89,308
CDW CORP COM 12514G108 6,141 146,082 SH   SOLE   597 0 145,485
CENOVUS ENERGY INC. COM 15135U109 51,709 4,097,423 SH   DFND 2 1,867,408 0 2,230,015
CHART INDUSTRIES INC COM 16115Q308 28,895 1,608,879 SH   SOLE   1,441,129 0 167,750
CHEVRON CORPORATION COM 166764100 707 7,862 SH   SOLE   7,862 0 0
CIGNA CORP COM 125509109 187,058 1,278,327 SH   DFND 1 744,568 0 533,759
CISCO SYSTEMS INC COM 17275R102 82,502 3,038,190 SH   SOLE   960,665 0 2,077,525
CITIGROUP INC COM 172967424 469,715 9,076,626 SH   DFND 1 5,092,114 0 3,984,512
CITIZENS FINANCIAL GROUP COM 174610105 54,329 2,074,421 SH   SOLE   12,171 0 2,062,250
COGNIZANT TECH SOLUTIONS - A COM 192446102 22,263 370,923 SH   SOLE   144,598 0 226,325
COLUMBUS MCKINNON CORP COM 199333105 28,725 1,519,816 SH   SOLE   1,361,226 0 158,590
COMERICA INC COM 200340107 73,426 1,755,338 SH   DFND 2 184,288 0 1,571,050
CONOCOPHILLIPS COM 20825C104 12,373 264,999 SH   SOLE   4,324 0 260,675
CORNING INC COM 219350105 87,863 4,806,511 SH   DFND 1 4,126,036 0 680,475
CUBIC CORP COM 229669106 23,690 501,384 SH   SOLE   449,569 0 51,815
CVS HEALTH CORPORATION COM 126650100 51,563 527,389 SH   SOLE   5,164 0 522,225
DANA HOLDING CORP COM 235825205 63,907 4,630,966 SH   DFND 2 2,673,467 0 1,957,499
DIAMONDROCK HOSPITALITY CO. COM 252784301 7,777 805,935 SH   SOLE   723,350 0 82,585
DIODES INC. COM 254543101 37,404 1,627,663 SH   SOLE   1,458,513 0 169,150
DOVER CORP COM 260003108 347,721 5,671,522 SH   DFND 1,2 2,977,311 0 2,694,211
EDISON INTERNATIONAL COM 281020107 91,960 1,553,114 SH   DFND 2 217,914 0 1,335,200
ENDURANCE SPECIALTY HOLDINGS COM G30397106 48,559 758,856 SH   SOLE   481,906 0 276,950
ENTERGY CORP COM 29364G103 54,466 796,759 SH   SOLE   7,985 0 788,774
EPR PROPERTIES COM 26884U109 14,027 239,975 SH   SOLE   0 0 239,975
ESSENDANT INC COM 296689102 34,957 1,075,262 SH   SOLE   963,662 0 111,600
EVEREST RE GROUP LTD COM G3223R108 14,289 78,041 SH   SOLE   316 0 77,725
EXELON CORP COM 30161N101 14,670 528,251 SH   SOLE   3,283 0 524,968
EXXON MOBIL CORP COM 30231G102 473,359 6,072,604 SH   DFND 1 2,797,625 0 3,274,979
FIFTH THIRD BANCORP COM 316773100 71,866 3,575,428 SH   SOLE   24,278 0 3,551,150
FIRST MIDWEST BANCORP INC COM 320867104 30,235 1,640,523 SH   SOLE   1,467,973 0 172,550
FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 64,186 5,725,816 SH   DFND 2 1,946,184 0 3,779,632
FORD MOTOR COMPANY COM 345370860 257,666 18,287,179 SH   DFND 1 8,215,854 0 10,071,325
FRANKLIN RESOURCES INC. COM 354613101 348,425 9,462,920 SH   DFND 1,2 4,944,062 0 4,518,858
GENERAL CABLE CORP DEL NE COM 369300108 23,141 1,723,104 SH   SOLE   1,558,629 0 164,475
GENPACT LTD COM G3922B107 50,325 2,014,631 SH   DFND 2 679,129 0 1,335,502
GENWORTH FINANCIAL INC CL A COM 37247D106 30,477 8,170,865 SH   SOLE   2,564,240 0 5,606,625
GIBRALTAR INDUSTRIES INC COM 374689107 37,346 1,467,986 SH   SOLE   1,320,249 0 147,737
GOLDMAN SACHS GROUP INC COM 38141G104 277,325 1,538,730 SH   DFND 1 739,755 0 798,975
HEWLETT PACKARD ENTERPRISE COMPANY COM 42824C109 308,892 20,321,861 SH   DFND 1,2 10,699,861 0 9,622,000
HOSPITALITY PROPERTIES TRUST COM 44106M102 15,340 586,621 SH   SOLE   2,821 0 583,800
HP INC COM 40434L105 240,821 20,339,606 SH   DFND 1,2 10,600,606 0 9,739,000
ICICI BANK LTD - SPON ADR COM 45104G104 1,018 130,000 SH   SOLE   130,000 0 0
ICICI BANK LTD - SPON ADR COM 45104G104 1,151 147,050 SH   OTR   0 0 147,050
INFOSYS LTD - SP ADR COM 456788108 1,921 114,700 SH   OTR   0 0 114,700
INVESCO LTD COM G491BT108 44,861 1,339,937 SH   SOLE   6,387 0 1,333,550
INGRAM MICRO INC CL-A COM 457153104 14,419 474,607 SH   SOLE   832 0 473,775
INSIGHT ENTERPRISES INC COM 45765U103 30,732 1,223,407 SH   SOLE   1,098,526 0 124,881
INTEL CORPORATION COM 458140100 351,406 10,200,462 SH   DFND 1 5,796,962 0 4,403,500
INTERPUBLIC GROUP OF COS INC COM 460690100 297,631 12,784,823 SH   DFND 1,2 6,551,904 0 6,232,919
ISHARES MSCI EMERGING MKT IN COM 464287234 1,478 45,925 SH   SOLE   0 0 45,925
JABIL CIRCUIT INC COM 466313103 12,990 557,730 SH   SOLE   3,890 0 553,840
JOHNSON & JOHNSON COM 478160104 120,647 1,174,524 SH   SOLE   155,824 0 1,018,700
JP MORGAN CHASE & CO COM 46625H100 358,145 5,423,977 SH   DFND 1 2,387,777 0 3,036,200
KBR INC COM 48242W106 36,708 2,169,517 SH   DFND 2 547,442 0 1,622,075
KELLOGG COMPANY COM 487836108 93,807 1,298,005 SH   SOLE   181,505 0 1,116,500
KEY CORP COM 493267108 83,225 6,309,728 SH   DFND 2 640,503 0 5,669,225
KEY ENERGY SERVICES INC COM 492914106 2,649 5,495,425 SH   SOLE   4,914,150 0 581,275
KKR & CO LP COM 48248M102 4,497 288,472 SH   DFND 2 288,472 0 0
KOHLS CORP COM 500255104 16,539 347,249 SH   SOLE   3,774 0 343,475
L-3 COMMUNICATIONS COM 502424104 25,465 213,075 SH   SOLE   2,025 0 211,050
LABORATORY CORP OF AMERICA HOLDINGS COM 50540R409 2,171 17,560 SH   SOLE   17,560 0 0
LAMAR ADVERTISING CO -A COM 512816109 140,592 2,343,982 SH   DFND 2 1,016,357 0 1,327,625
LEGG MASON INC COM 524901105 28,988 738,912 SH   DFND 2 254,337 0 484,575
MASONITE INTERNATIONAL CORP COM 575385109 35,051 572,441 SH   SOLE   513,991 0 58,450
MASCO CORP COM 574599106 74,350 2,627,217 SH   DFND 1 542,871 0 2,084,346
MATTHEWS INTL CORP - CL A COM 577128101 16,083 300,893 SH   SOLE   269,268 0 31,625
METLIFE INC COM 59156R108 288,887 5,992,271 SH   DFND 1 3,029,696 0 2,962,575
MICROSOFT CORP COM 594918104 407,705 7,348,676 SH   DFND 1 3,585,031 0 3,763,645
MONSTER WORLDWIDE INC COM 611742107 9,063 1,581,709 SH   SOLE   1,420,834 0 160,875
MORGAN STANLEY COM 617446448 301,674 9,483,618 SH   DFND 1 5,005,377 0 4,478,241
MURPHY OIL CORP COM 626717102 105,785 4,712,018 SH   DFND 1,2 2,198,396 0 2,513,622
NATIONAL PENN BANCSHARES INC COM 637138108 31,435 2,549,492 SH   SOLE   2,290,767 0 258,725
NEWS CORP - CLASS A COM 65249B109 392,813 29,402,189 SH   DFND 1,2 17,276,749 0 12,125,440
NEWS CORP - CLASS B COM 65249B208 66,297 4,749,059 SH   DFND 1 2,254,302 0 2,494,757
OMNICOM GROUP COM 681919106 423,744 5,600,639 SH   DFND 1,2 2,765,164 0 2,835,475
ON SEMICONDUCTOR CORP COM 682189105 109,289 11,151,916 SH   DFND 2 5,505,372 0 5,646,544
ORACLE CORP COM 68389X105 392,621 10,747,914 SH   DFND 1 5,759,951 0 4,987,963
OWENS & MINOR INC COM 690732102 37,024 1,029,003 SH   SOLE   922,928 0 106,075
OWENS CORNING COM 690742101 26,675 567,195 SH   DFND 2 167,440 0 399,755
PARKER HANNIFIN CORPORATION COM 701094104 372,377 3,839,731 SH   DFND 1,2 1,790,137 0 2,049,594
PETROLEO BRASILEIRO S.A. - ADR COM 71654V408 327 76,100 SH   SOLE   76,100 0 0
PFIZER INC COM 717081103 69,776 2,161,593 SH   SOLE   390,718 0 1,770,875
PG&E CORP COM 69331C108 13,978 262,800 SH   SOLE   0 0 262,800
PHH CORP COM 693320202 14,950 922,863 SH   SOLE   823,363 0 99,500
PNC FINANCIAL SERVICES COM 693475105 259,029 2,717,749 SH   DFND 1 1,639,173 0 1,078,576
POPULAR INC. COM 733174700 6,076 214,380 SH   SOLE   214,380 0 0
PRIMERICA INC COM 74164M108 10,757 227,759 SH   SOLE   204,210 0 23,549
PROCTER & GAMBLE COMPANY COM 742718109 14,709 185,224 SH   SOLE   185,224 0 0
PROGRESSIVE CORP COM 743315103 85,162 2,678,066 SH   DFND 2 718,591 0 1,959,475
QUALCOMM INC COM 747525103 44,080 881,855 SH   SOLE   10,305 0 871,550
REGIONS FINL CORP COM 7591EP100 248,288 25,863,310 SH   DFND 1,2 13,896,110 0 11,967,200
RENT A CENTER INC COM 76009N100 26,852 1,793,691 SH   SOLE   1,606,266 0 187,425
ROWAN COMPANIES PLC - A COM G7665A101 12,382 730,525 SH   SOLE   0 0 730,525
ROYAL DUTCH SHELL PLC ADR COM 780259206 456,498 9,969,381 SH   DFND 1 4,588,422 0 5,380,959
SCHNITZER STEEL INDS INC - A COM 806882106 14,716 1,024,051 SH   SOLE   918,576 0 105,475
SEAGATE TECHNOLOGY COM G7945M107 30,298 826,469 SH   DFND 1 331,344 0 495,125
SHINHAN FINANCIAL GROUP - ADR COM 824596100 572 17,025 SH   SOLE   17,025 0 0
STANCORP FINANCIAL GROUP COM 852891100 19,755 173,476 SH   SOLE   158,126 0 15,350
STANLEY BLACK & DECKER INC COM 854502101 314,236 2,944,212 SH   DFND 1,2 1,257,787 0 1,686,425
STAPLES INC COM 855030102 315,396 33,304,711 SH   DFND 1,2 18,267,786 0 15,036,925
STATE STREET CORP COM 857477103 214,595 3,233,807 SH   DFND 1 1,664,557 0 1,569,250
STEEL EXCEL INC COM 858122203 935 63,567 SH   SOLE   56,360 0 7,207
STONERIDGE INC COM 86183P102 32,160 2,172,941 SH   SOLE   1,946,791 0 226,150
SUPERIOR ENERGY SERVICES INC COM 868157108 69,147 5,133,425 SH   DFND 2 2,329,900 0 2,803,525
SYNOVUS FINANCIAL CORP COM 87161C501 49,298 1,522,475 SH   SOLE   985,937 0 536,538
TCF FINANCIAL CORP COM 872275102 21,353 1,512,268 SH   SOLE   1,356,343 0 155,925
TECH DATA CORP COM 878237106 32,891 495,497 SH   SOLE   445,045 0 50,452
TEREX CORP COM 880779103 83,869 4,538,358 SH   DFND 2 2,300,393 0 2,237,965
TETRA TECH INC COM 88162G103 28,361 1,089,986 SH   SOLE   976,336 0 113,650
THE HARTFORD FINANCIAL SERVICES GROUP INC COM 416515104 13,663 314,390 SH   SOLE   590 0 313,800
TAIWAN SEMICONDUCTOR - SP ADR COM 874039100 4,372 192,175 SH   OTR   0 0 192,175
TAIWAN SEMICONDUCTOR - SP ADR COM 874039100 7,903 347,403 SH   SOLE   347,403 0 0
TE CONNECTIVITY LTD. COM H84989104 56,365 872,388 SH   SOLE   7,378 0 865,010
TELEFONICA BRASIL - ADR COM 87936R106 2,587 286,500 SH   OTR   0 0 286,500
TELEFONICA BRASIL - ADR COM 87936R106 37,904 4,197,602 SH   SOLE   1,715,272 0 2,482,330
TRIPLE-S MANAGEMENT CORP-B COM 896749108 38,446 1,607,929 SH   SOLE   1,437,974 0 169,955
TORCHMARK CORP COM 891027104 47,382 828,929 SH   DFND 2 230,321 0 598,608
TRIMAS CORP COM 896215209 9,806 525,784 SH   SOLE   473,959 0 51,825
TUTOR PERINI CORP COM 901109108 12,546 749,454 SH   SOLE   675,254 0 74,200
UBS GROUP AG COM H42097107 238,968 12,336,997 SH   DFND 1 6,219,639 0 6,117,358
UNIVERSAL CORP COM 913456109 28,000 499,285 SH   SOLE   464,585 0 34,700
VOYA FINANCIAL INC. COM 929089100 272,955 7,395,161 SH   DFND 1,2 3,304,596 0 4,090,565
VALIDUS HOLDINGS LTD COM G9319H102 30,676 662,702 SH   DFND 2 214,627 0 448,075
WEATHERFORD INTL PLC COM G48833100 112 13,296 SH   SOLE   13,296 0 0
WILLIS GROUP HOLDINGS LTD COM G96666105 266,841 5,493,939 SH   DFND 1,2 2,618,564 0 2,875,375
WAL-MART STORES COM 931142103 376,738 6,145,803 SH   DFND 1 3,412,553 0 2,733,250
WEBSTER FINANCIAL CORP. COM 947890109 61,198 1,645,546 SH   DFND 2 964,242 0 681,304
WELLS FARGO CO COM 949746101 91,084 1,675,568 SH   SOLE   539,418 0 1,136,150
WSFS FINANCIAL CORP COM 929328102 19,108 590,483 SH   SOLE   526,872 0 63,611
XL GROUP PLC COM G98290102 223,157 5,695,677 SH   SOLE   2,284,010 0 3,411,667