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
ABERCROMBIE & FITCH CO COM 002896207 1,656 57,820 SH   SOLE   41,060 0 16,760
ACTUANT CORP.-A COM 00508X203 3,846 141,192 SH   SOLE   79,236 0 61,956
ADVANCED ENERGY INDUSTRIES COM 007973100 7,284 307,361 SH   SOLE   172,529 0 134,832
AECOM TECHNOLOGY COM 00766T100 3,451 113,621 SH   SOLE   80,640 0 32,981
AGCO CORP. COM 001084102 2,659 58,838 SH   SOLE   41,828 0 17,010
AMEREN CORP. COM 023608102 1,920 41,620 SH   SOLE   29,590 0 12,030
AMERISAFE INC. COM 03071H100 7,090 167,384 SH   SOLE   93,964 0 73,420
AMSURG CORP. COM 03232P405 5,632 102,909 SH   SOLE   57,802 0 45,107
ANTHEM INC COM 036752103 4,610 36,687 SH   SOLE   26,087 0 10,600
ARROW ELECTRONIC COM 042735100 3,157 54,532 SH   SOLE   38,695 0 15,837
ASSURANT INC. COM 04621X108 3,071 44,880 SH   SOLE   31,910 0 12,970
ASTORIA FINANCIAL CORP COM 046265104 6,200 464,057 SH   SOLE   260,486 0 203,571
ATLAS AIR WORLDWIDE HOLDINGS COM 049164205 10,045 203,751 SH   SOLE   114,364 0 89,387
AUTONATION INC. COM 05329W102 3,005 49,748 SH   SOLE   35,376 0 14,372
AVISTA CORP. COM 05379B107 5,264 148,899 SH   SOLE   83,634 0 65,265
BECTON DICKINSON COM 075887109 2,638 18,956 SH   SOLE   13,476 0 5,480
BED BATH & BEYOND INC COM 075896100 4,228 55,510 SH   SOLE   39,370 0 16,140
BELDEN INC. COM 077454106 9,488 120,397 SH   SOLE   67,554 0 52,843
BENCHMARK ELECTRONICS INC COM 08160H101 7,378 289,997 SH   SOLE   162,743 0 127,254
BIO-REFERENCE LABS INC COM 09057G602 7,128 221,847 SH   SOLE   124,520 0 97,327
BROADCOM CORP-A COM 111320107 4,451 102,730 SH   SOLE   72,920 0 29,810
BROCADE COMMUNICATIONS SYSTEMS COM 111621306 3,643 307,650 SH   SOLE   218,270 0 89,380
CABELAS INC. COM 126804301 5,000 94,851 SH   SOLE   53,200 0 41,651
CAPITAL ONE FINANCIAL CORP COM 14040H105 4,205 50,940 SH   SOLE   36,220 0 14,720
CAPSTEAD MORTGAGE CORP REIT 14067E506 5,548 451,822 SH   SOLE   253,592 0 198,230
CARDINAL HEALTH COM 14149Y108 3,021 37,420 SH   SOLE   26,610 0 10,810
CATAMARAN CORP COM 148887102 3,343 64,590 SH   SOLE   45,840 0 18,750
CELANESE CORP.-A COM 150870103 4,007 66,820 SH   SOLE   47,410 0 19,410
CHICAGO BRIDGE & IRON CO COM 167250109 2,932 69,840 SH   SOLE   49,570 0 20,270
CHICOS FAS INC. COM 168615102 2,014 124,242 SH   SOLE   88,422 0 35,820
CIGNA CORP. COM 125509109 3,851 37,420 SH   SOLE   26,610 0 10,810
CIMAREX ENERGY CO COM 171798101 1,931 18,220 SH   SOLE   12,940 0 5,280
CIRRUS LOGIC INC. COM 172755100 9,574 406,180 SH   SOLE   227,970 0 178,210
COLUMBIA BANKING SYSTEM INC COM 197236102 7,494 271,431 SH   SOLE   152,345 0 119,086
CONSTANT CONTACT COM 210313102 8,147 221,982 SH   SOLE   124,590 0 97,392
CONSTELLATION-A COM 21036P108 3,187 32,468 SH   SOLE   23,079 0 9,389
CONVERGYS CORP. COM 212485106 2,902 142,480 SH   SOLE   101,120 0 41,360
CORNING INC. COM 219350105 3,166 138,080 SH   SOLE   97,920 0 40,160
CSG SYSTEMS INTL COM 126349109 5,246 209,257 SH   SOLE   117,389 0 91,868
CYTEC INDUSTRIES COM 232820100 10,086 218,464 SH   SOLE   132,598 0 85,866
DICKS SPORTING COM 253393102 3,088 62,190 SH   SOLE   44,120 0 18,070
DISCOVER FINANCIAL SERVICES COM 254709108 6,072 92,710 SH   SOLE   65,920 0 26,790
DYCOM INDUSTRIES INC COM 267475101 7,218 205,690 SH   SOLE   115,420 0 90,270
ELECTRONICS FOR IMAGING COM 286082102 7,914 184,776 SH   SOLE   103,699 0 81,077
ENERSYS COM 29275Y102 9,801 158,804 SH   SOLE   89,102 0 69,702
FIFTH THIRD BANCORP COM 316773100 2,930 143,800 SH   SOLE   102,040 0 41,760
FIRST SOLAR INC. COM 336433107 3,441 77,155 SH   SOLE   43,325 0 33,830
FULTON FINANCIAL COM 360271100 2,834 229,300 SH   SOLE   162,610 0 66,690
GATX CORP. COM 361448103 6,411 111,419 SH   SOLE   62,530 0 48,889
GENESCO INC. COM 371532102 7,785 101,606 SH   SOLE   57,024 0 44,582
GENTEX CORP. COM 371901109 4,141 114,620 SH   SOLE   81,280 0 33,340
GREATBATCH INC. COM 39153L106 6,793 137,779 SH   SOLE   77,299 0 60,480
GREEN DOT CORP.-A COM 39304D102 7,511 366,550 SH   SOLE   205,750 0 160,800
GROUP 1 AUTOMOTIVE INC COM 398905109 9,590 107,008 SH   SOLE   60,100 0 46,908
GUESS? INC. COM 401617105 2,275 107,914 SH   SOLE   76,314 0 31,600
HARMAN INTERNATIONAL COM 413086109 3,096 29,010 SH   SOLE   20,590 0 8,420
HCC INSURANCE COM 404132102 12,526 234,043 SH   SOLE   144,448 0 89,595
HUMANA INC. COM 444859102 3,376 23,506 SH   SOLE   16,710 0 6,796
IBERIABANK CORP. COM 450828108 5,826 89,838 SH   SOLE   50,434 0 39,404
ICONIX BRAND GROUP INC COM 451055107 7,159 211,880 SH   SOLE   118,920 0 92,960
INTL GAME TECH COM 459902102 3,122 180,980 SH   SOLE   128,560 0 52,420
ITRON INC. COM 465741106 6,753 159,689 SH   SOLE   89,639 0 70,050
J2 GLOBAL INC COM 48123V102 8,099 130,623 SH   SOLE   73,327 0 57,296
JACK HENRY & ASSOCIATES INC COM 426281101 7,307 117,585 SH   SOLE   66,015 0 51,570
JANUS CAPITAL GROUP INC COM 47102X105 7,543 467,640 SH   SOLE   262,510 0 205,130
KEYCORP. COM 493267108 3,877 278,900 SH   SOLE   198,280 0 80,620
KINDRED HEALTHCARE INC COM 494580103 7,171 394,424 SH   SOLE   221,406 0 173,018
LA-Z-BOY INC. COM 505336107 8,928 332,639 SH   SOLE   186,693 0 145,946
LEAR CORP. COM 521865204 3,194 32,570 SH   SOLE   23,150 0 9,420
LEXMARK INTL-A COM 529771107 3,824 92,670 SH   SOLE   65,750 0 26,920
LIFEPOINT HOSPITALS INC COM 53219L109 8,780 122,100 SH   SOLE   68,494 0 53,606
LINCOLN NATIONAL CORPORATION COM 534187109 4,708 81,633 SH   SOLE   58,037 0 23,596
LITHIA MOTORS-A COM 536797103 9,284 107,091 SH   SOLE   60,152 0 46,939
M & T BANK CORP COM 55261F104 3,392 27,000 SH   SOLE   19,190 0 7,810
MACYS INC. COM 55616P104 4,447 67,630 SH   SOLE   48,080 0 19,550
MAGELLAN HEALTH COM 559079207 6,941 115,621 SH   SOLE   64,921 0 50,700
MEDASSETS INC. COM 584045108 6,100 308,690 SH   SOLE   173,270 0 135,420
MENTOR GRAPHICS COM 587200106 5,551 253,245 SH   SOLE   142,129 0 111,116
MOLSON COORS-B COM 60871R209 3,022 40,550 SH   SOLE   28,830 0 11,720
NETGEAR INC. COM 64111Q104 5,887 165,472 SH   SOLE   92,912 0 72,560
NETSCOUT SYSTEMS COM 64115T104 3,522 96,381 SH   SOLE   54,105 0 42,276
NEWPARK RESOURCES INC COM 651718504 4,499 471,586 SH   SOLE   264,684 0 206,902
NVIDIA CORP. COM 67066G104 3,528 175,950 SH   SOLE   124,880 0 51,070
OMNIVISION TECH COM 682128103 11,430 439,614 SH   SOLE   246,744 0 192,870
OWENS-ILLINOIS COM 690768403 1,698 62,902 SH   SOLE   44,725 0 18,177
PACWEST BANCORP COM 695263103 6,743 148,321 SH   SOLE   83,259 0 65,062
PARKER HANNIFIN COM 701094104 2,720 21,090 SH   SOLE   15,000 0 6,090
PATTERSON-UTI COM 703481101 1,712 103,200 SH   SOLE   73,250 0 29,950
PERKINELMER INC. COM 714046109 2,664 60,920 SH   SOLE   43,320 0 17,600
PHARMERICA CORP. COM 71714F104 9,610 464,030 SH   SOLE   260,435 0 203,595
PNM RESOURCES COM 69349H107 4,791 161,710 SH   SOLE   90,786 0 70,924
PROASSURANCE CORP COM 74267C106 3,554 78,710 SH   SOLE   44,190 0 34,520
PUBLIC SERVICE ENTERPRISE GP COM 744573106 2,764 66,750 SH   SOLE   47,440 0 19,310
QLOGIC CORP. COM 747277101 8,471 635,980 SH   SOLE   356,948 0 279,032
QUANTA SERVICES COM 74762E102 2,380 83,830 SH   SOLE   59,600 0 24,230
RAYMOND JAMES COM 754730109 2,893 50,500 SH   SOLE   35,840 0 14,660
RAYTHEON CO COM 755111507 3,998 36,960 SH   SOLE   26,270 0 10,690
RED ROBIN GOURMET BURGERS COM 75689M101 8,615 111,914 SH   SOLE   62,779 0 49,135
REGIONS FINANCIAL CORP COM 7591EP100 2,618 247,960 SH   SOLE   176,290 0 71,670
RLI CORP. COM 749607107 5,434 109,990 SH   SOLE   61,772 0 48,218
ROVI CORP. COM 779376102 7,738 342,545 SH   SOLE   192,225 0 150,320
SANDISK CORP. COM 80004C101 4,165 42,510 SH   SOLE   30,150 0 12,360
SELECT MEDICAL HOLDINGS CORP COM 81619Q105 8,895 617,695 SH   SOLE   346,696 0 270,999
SELECTIVE INSURANCE GROUP COM 816300107 6,528 240,280 SH   SOLE   134,892 0 105,388
SEMPRA ENERGY COM 816851109 3,148 28,270 SH   SOLE   20,100 0 8,170
SKYWORKS SOLUTIONS INC COM 83088M102 4,095 56,320 SH   SOLE   39,980 0 16,340
SOUTHWEST AIR COM 844741108 7,069 167,040 SH   SOLE   118,570 0 48,470
STANLEY BLACK & DECKER INC COM 854502101 2,836 29,520 SH   SOLE   20,990 0 8,530
STIFEL FINANCIAL COM 860630102 3,547 69,530 SH   SOLE   49,440 0 20,090
SYKES ENTERPRISE COM 871237103 6,649 283,304 SH   SOLE   158,701 0 124,603
SYMANTEC CORP. COM 871503108 2,737 106,670 SH   SOLE   75,690 0 30,980
SYNAPTICS INC. COM 87157D109 9,615 139,675 SH   SOLE   78,415 0 61,260
SYNOPSYS INC. COM 871607107 3,219 74,049 SH   SOLE   52,651 0 21,398
TCF FINL CORP. COM 872275102 2,445 153,882 SH   SOLE   109,206 0 44,676
TELEDYNE TECHNOLOGIES INC COM 879360105 7,886 76,755 SH   SOLE   43,111 0 33,644
TESORO CORP. COM 881609101 3,953 53,170 SH   SOLE   37,800 0 15,370
TETRA TECH INC. COM 88162G103 5,857 219,348 SH   SOLE   123,131 0 96,217
THE CHILDREN'S PLACE INC COM 168905107 6,662 116,882 SH   SOLE   65,652 0 51,230
THE FRESH MARKET INC COM 35804H106 7,053 171,181 SH   SOLE   96,121 0 75,060
TOTAL SYSTEM SERVICES INC COM 891906109 2,956 87,050 SH   SOLE   61,890 0 25,160
TRINITY INDUSTRIES INC COM 896522109 3,896 139,100 SH   SOLE   98,690 0 40,410
TRIUMPH GROUP COM 896818101 6,344 94,378 SH   SOLE   52,960 0 41,418
ULTRA CLEAN HOLDINGS INC COM 90385V107 6,142 661,868 SH   SOLE   372,471 0 289,397
UNITED BANKSHARES INC COM 909907107 6,583 175,775 SH   SOLE   98,677 0 77,098
VALERO ENERGY COM 91913Y100 2,749 55,540 SH   SOLE   39,490 0 16,050
VALSPAR CORP. COM 920355104 2,347 27,138 SH   SOLE   19,267 0 7,871
WASHINGTON FEDERAL INC COM 938824109 5,763 260,168 SH   SOLE   146,016 0 114,152
WEBSTER FINANCIAL CORP COM 947890109 6,079 186,860 SH   SOLE   104,900 0 81,960
WELLCARE HEALTH PLANS INC COM 94946T106 3,025 36,862 SH   SOLE   26,142 0 10,720
WESTERN DIGITAL COM 958102105 4,291 38,760 SH   SOLE   27,500 0 11,260
WEX INC COM 96208T104 6,940 70,161 SH   SOLE   39,389 0 30,772
WILLIAMS-SONOMA COM 969904101 3,442 45,480 SH   SOLE   32,330 0 13,150
WORTHINGTON INDS COM 981811102 5,785 192,240 SH   SOLE   107,870 0 84,370
WR BERKLEY CORP. COM 084423102 3,503 68,330 SH   SOLE   48,580 0 19,750
ZIMMER HLDGS COM 98956P102 2,950 26,010 SH   SOLE   18,490 0 7,520