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 2,067 56,880 SH   SOLE   40,100 0 16,780
ACTUANT CORP.-A COM 00508X203 4,574 149,882 SH   SOLE   87,926 0 61,956
ADVANCED ENERGY INDUSTRIES COM 007973100 6,616 352,102 SH   SOLE   206,570 0 145,532
AECOM TECHNOLOGY COM 00766T100 2,682 79,481 SH   SOLE   56,000 0 23,481
AGCO CORP. COM 001084102 2,631 57,878 SH   SOLE   40,848 0 17,030
AMEREN CORP. COM 023608102 1,569 40,930 SH   SOLE   28,880 0 12,050
AMERISAFE INC. COM 03071H100 6,951 177,724 SH   SOLE   104,304 0 73,420
AMSURG CORP. COM 03232P405 5,465 109,199 SH   SOLE   64,092 0 45,107
ARROW ELECTRONIC COM 042735100 2,968 53,622 SH   SOLE   37,765 0 15,857
ASSURANT INC. COM 04621X108 2,838 44,140 SH   SOLE   31,150 0 12,990
ASTORIA FINANCIAL CORP COM 046265104 6,103 492,597 SH   SOLE   289,026 0 203,571
ATLAS AIR WORLDWIDE HOLDINGS COM 049164205 5,939 179,861 SH   SOLE   105,494 0 74,367
AUTONATION INC. COM 05329W102 2,462 48,938 SH   SOLE   34,546 0 14,392
AVISTA CORP. COM 05379B107 4,825 158,049 SH   SOLE   92,784 0 65,265
BECTON DICKINSON COM 075887109 2,122 18,646 SH   SOLE   13,156 0 5,490
BED BATH & BEYOND INC COM 075896100 3,596 54,620 SH   SOLE   38,470 0 16,150
BELDEN INC. COM 077454106 8,182 127,797 SH   SOLE   74,954 0 52,843
BENCHMARK ELECTRONICS INC COM 08160H101 6,838 307,887 SH   SOLE   180,633 0 127,254
BIO-REFERENCE LABS INC COM 09057G602 6,606 235,437 SH   SOLE   138,110 0 97,327
BROADCOM CORP-A COM 111320107 4,085 101,060 SH   SOLE   71,210 0 29,850
BROCADE COMMUNICATIONS SYSTEMS COM 111621306 3,290 302,640 SH   SOLE   213,100 0 89,540
CABELAS INC. COM 126804301 5,932 100,711 SH   SOLE   59,060 0 41,651
CAPITAL ONE FINANCIAL CORP COM 14040H105 4,090 50,110 SH   SOLE   35,360 0 14,750
CAPSTEAD MORTGAGE CORP REIT 14067E506 5,871 479,692 SH   SOLE   281,462 0 198,230
CARDINAL HEALTH COM 14149Y108 2,758 36,810 SH   SOLE   25,980 0 10,830
CATAMARAN CORP COM 148887102 2,133 50,610 SH   SOLE   35,700 0 14,910
CELANESE CORP.-A COM 150870103 3,705 63,320 SH   SOLE   44,620 0 18,700
CHICOS FAS INC. COM 168615102 1,805 122,192 SH   SOLE   86,312 0 35,880
CIGNA CORP. COM 125509109 3,338 36,810 SH   SOLE   25,980 0 10,830
CIMAREX ENERGY CO COM 171798101 2,267 17,920 SH   SOLE   12,630 0 5,290
CIRRUS LOGIC INC. COM 172755100 7,043 337,810 SH   SOLE   197,720 0 140,090
COLUMBIA BANKING SYSTEM INC COM 197236102 7,149 288,141 SH   SOLE   169,055 0 119,086
CONSTANT CONTACT COM 210313102 6,393 235,542 SH   SOLE   138,150 0 97,392
CONSTELLATION-A COM 21036P108 2,785 31,958 SH   SOLE   22,549 0 9,409
CORNING INC. COM 219350105 2,626 135,760 SH   SOLE   95,600 0 40,160
CSG SYSTEMS INTL COM 126349109 5,838 222,147 SH   SOLE   130,279 0 91,868
CYTEC INDUSTRIES COM 232820100 10,718 226,654 SH   SOLE   140,758 0 85,896
DENBURY RESOURCE COM 247916208 2,854 189,860 SH   SOLE   133,780 0 56,080
DICKS SPORTING COM 253393102 2,685 61,180 SH   SOLE   43,110 0 18,070
DISCOVER FINANCIAL SERVICES COM 254709108 5,872 91,200 SH   SOLE   64,360 0 26,840
DYCOM INDUSTRIES INC COM 267475101 7,305 237,857 SH   SOLE   139,560 0 98,297
ELECTRONICS FOR IMAGING COM 286082102 11,317 256,206 SH   SOLE   150,309 0 105,897
ENERSYS COM 29275Y102 9,886 168,594 SH   SOLE   98,892 0 69,702
FIFTH THIRD BANCORP COM 316773100 2,831 141,420 SH   SOLE   99,630 0 41,790
FIRST SOLAR INC. COM 336433107 5,388 81,865 SH   SOLE   48,035 0 33,830
FULTON FINANCIAL COM 360271100 2,499 225,540 SH   SOLE   158,780 0 66,760
GATX CORP. COM 361448103 6,902 118,239 SH   SOLE   69,350 0 48,889
GENESCO INC. COM 371532102 8,060 107,826 SH   SOLE   63,244 0 44,582
GENTEX CORP. COM 371901109 3,018 112,750 SH   SOLE   79,380 0 33,370
GENWORTH FINANCIAL INC-CL A COM 37247D106 2,150 164,140 SH   SOLE   115,860 0 48,280
GREATBATCH INC. COM 39153L106 6,233 146,279 SH   SOLE   85,799 0 60,480
GREEN DOT CORP.-A COM 39304D102 6,962 329,350 SH   SOLE   193,110 0 136,240
GROUP 1 AUTOMOTIVE INC COM 398905109 9,048 124,438 SH   SOLE   72,990 0 51,448
GUESS? INC. COM 401617105 2,331 106,094 SH   SOLE   74,494 0 31,600
HARMAN INTERNATIONAL COM 413086109 2,794 28,500 SH   SOLE   20,070 0 8,430
HCC INSURANCE COM 404132102 11,667 241,613 SH   SOLE   151,978 0 89,635
HUMANA INC. COM 444859102 3,012 23,116 SH   SOLE   16,310 0 6,806
IBERIABANK CORP. COM 450828108 5,960 95,338 SH   SOLE   55,934 0 39,404
ICONIX BRAND GROUP INC COM 451055107 5,713 154,660 SH   SOLE   90,720 0 63,940
INTL GAME TECH COM 459902102 3,003 178,010 SH   SOLE   125,500 0 52,510
ITRON INC. COM 465741106 6,663 169,489 SH   SOLE   99,439 0 70,050
IXIA COM 45071R109 3,847 420,899 SH   SOLE   246,955 0 173,944
J2 GLOBAL INC COM 48123V102 6,842 138,623 SH   SOLE   81,327 0 57,296
JACK HENRY & ASSOCIATES INC COM 426281101 6,947 124,815 SH   SOLE   73,245 0 51,570
JANUS CAPITAL GROUP INC COM 47102X105 7,218 496,420 SH   SOLE   291,290 0 205,130
K12 INC. COM 48273U102 4,149 259,970 SH   SOLE   152,540 0 107,430
KEYCORP. COM 493267108 3,657 274,340 SH   SOLE   193,580 0 80,760
KINDRED HEALTHCARE INC COM 494580103 8,123 418,724 SH   SOLE   245,706 0 173,018
LA-Z-BOY INC. COM 505336107 6,986 352,989 SH   SOLE   207,043 0 145,946
LEAR CORP. COM 521865204 2,769 32,050 SH   SOLE   22,610 0 9,440
LEXMARK INTL-A COM 529771107 3,874 91,150 SH   SOLE   64,210 0 26,940
LIFEPOINT HOSPITALS INC COM 53219L109 8,968 129,620 SH   SOLE   76,014 0 53,606
LINCOLN NATIONAL CORPORATION COM 534187109 4,302 80,293 SH   SOLE   56,657 0 23,636
LITHIA MOTORS-A COM 536797103 8,595 113,551 SH   SOLE   66,612 0 46,939
M & T BANK CORP COM 55261F104 3,276 26,570 SH   SOLE   18,750 0 7,820
MACYS INC. COM 55616P104 3,870 66,520 SH   SOLE   46,940 0 19,580
MAGELLAN HEALTH COM 559079207 6,716 122,711 SH   SOLE   72,011 0 50,700
MENTOR GRAPHICS COM 587200106 5,510 268,825 SH   SOLE   157,709 0 111,116
MOLSON COORS-B COM 60871R209 2,969 39,890 SH   SOLE   28,150 0 11,740
NETGEAR INC. COM 64111Q104 5,487 175,592 SH   SOLE   103,032 0 72,560
NETSCOUT SYSTEMS COM 64115T104 4,683 102,241 SH   SOLE   59,965 0 42,276
NEWPARK RESOURCES INC COM 651718504 6,228 500,636 SH   SOLE   293,734 0 206,902
NVIDIA CORP. COM 67066G104 2,668 144,620 SH   SOLE   101,810 0 42,810
OMNIVISION TECH COM 682128103 12,349 466,714 SH   SOLE   273,844 0 192,870
OWENS-ILLINOIS COM 690768403 1,612 61,862 SH   SOLE   43,655 0 18,207
PACWEST BANCORP COM 695263103 6,491 157,431 SH   SOLE   92,369 0 65,062
PARKER HANNIFIN COM 701094104 2,369 20,750 SH   SOLE   14,650 0 6,100
PATTERSON-UTI COM 703481101 2,603 80,020 SH   SOLE   56,470 0 23,550
PERKINELMER INC. COM 714046109 2,612 59,910 SH   SOLE   42,280 0 17,630
PHARMERICA CORP. COM 71714F104 12,036 492,660 SH   SOLE   289,065 0 203,595
PNM RESOURCES COM 69349H107 4,276 171,660 SH   SOLE   100,736 0 70,924
PROASSURANCE CORP COM 74267C106 3,682 83,550 SH   SOLE   49,030 0 34,520
PUBLIC SERVICE ENTERPRISE GP COM 744573106 2,446 65,670 SH   SOLE   46,330 0 19,340
QLOGIC CORP. COM 747277101 6,184 675,130 SH   SOLE   396,098 0 279,032
QUANTA SERVICES COM 74762E102 2,993 82,470 SH   SOLE   58,200 0 24,270
RAYMOND JAMES COM 754730109 2,661 49,670 SH   SOLE   35,010 0 14,660
RAYTHEON CO COM 755111507 3,696 36,370 SH   SOLE   25,660 0 10,710
RED ROBIN GOURMET BURGERS COM 75689M101 6,759 118,784 SH   SOLE   69,649 0 49,135
REGIONS FINANCIAL CORP COM 7591EP100 2,449 243,920 SH   SOLE   172,130 0 71,790
RLI CORP. COM 749607107 5,054 116,740 SH   SOLE   68,522 0 48,218
ROVI CORP. COM 779376102 7,181 363,675 SH   SOLE   213,355 0 150,320
SANDISK CORP. COM 80004C101 4,092 41,780 SH   SOLE   29,420 0 12,360
SELECT MEDICAL HOLDINGS CORP COM 81619Q105 7,887 655,615 SH   SOLE   384,616 0 270,999
SELECTIVE INSURANCE GROUP COM 816300107 5,646 255,000 SH   SOLE   149,612 0 105,388
SEMPRA ENERGY COM 816851109 2,931 27,810 SH   SOLE   19,620 0 8,190
SKYWORKS SOLUTIONS INC COM 83088M102 4,013 69,130 SH   SOLE   48,680 0 20,450
SOUTHWEST AIR COM 844741108 6,324 187,280 SH   SOLE   131,980 0 55,300
STANLEY BLACK & DECKER INC COM 854502101 2,578 29,040 SH   SOLE   20,500 0 8,540
STIFEL FINANCIAL COM 860630102 3,207 68,400 SH   SOLE   48,270 0 20,130
SYKES ENTERPRISE COM 871237103 6,006 300,624 SH   SOLE   176,021 0 124,603
SYMANTEC CORP. COM 871503108 2,467 104,940 SH   SOLE   73,930 0 31,010
SYNAPTICS INC. COM 87157D109 10,851 148,235 SH   SOLE   86,975 0 61,260
SYNOPSYS INC. COM 871607107 2,892 72,849 SH   SOLE   51,411 0 21,438
TCF FINL CORP. COM 872275102 2,350 151,302 SH   SOLE   106,626 0 44,676
TELEDYNE TECHNOLOGIES INC COM 879360105 7,657 81,445 SH   SOLE   47,801 0 33,644
TESORO CORP. COM 881609101 3,190 52,310 SH   SOLE   36,920 0 15,390
TETRA TECH INC. COM 88162G103 5,817 232,848 SH   SOLE   136,631 0 96,217
THE CHILDREN'S PLACE INC COM 168905107 5,909 123,992 SH   SOLE   72,762 0 51,230
THE FRESH MARKET INC COM 35804H106 6,345 181,651 SH   SOLE   106,591 0 75,060
TOTAL SYSTEM SERVICES INC COM 891906109 2,651 85,640 SH   SOLE   60,430 0 25,210
TRINITY INDUSTRIES INC COM 896522109 6,390 136,780 SH   SOLE   96,370 0 40,410
TRIUMPH GROUP COM 896818101 6,516 100,168 SH   SOLE   58,750 0 41,418
ULTRA CLEAN HOLDINGS INC COM 90385V107 5,312 593,498 SH   SOLE   348,171 0 245,327
UNITED BANKSHARES INC COM 909907107 5,773 186,635 SH   SOLE   109,537 0 77,098
VALERO ENERGY COM 91913Y100 2,527 54,620 SH   SOLE   38,550 0 16,070
VALSPAR CORP. COM 920355104 2,922 36,998 SH   SOLE   26,107 0 10,891
VERIFONE SYSTEMS COM 92342Y109 2,678 77,900 SH   SOLE   54,950 0 22,950
WASHINGTON FEDERAL INC COM 938824109 5,624 276,218 SH   SOLE   162,066 0 114,152
WEBSTER FINANCIAL CORP COM 947890109 5,779 198,330 SH   SOLE   116,370 0 81,960
WELLCARE HEALTH PLANS INC COM 94946T106 2,189 36,282 SH   SOLE   25,562 0 10,720
WELLPOINT INC. COM 94973V107 4,318 36,097 SH   SOLE   25,477 0 10,620
WESTERN DIGITAL COM 958102105 3,708 38,100 SH   SOLE   26,830 0 11,270
WEX INC COM 96208T104 8,210 74,421 SH   SOLE   43,649 0 30,772
WILLIAMS-SONOMA COM 969904101 2,978 44,740 SH   SOLE   31,570 0 13,170
WORTHINGTON INDS COM 981811102 7,596 204,080 SH   SOLE   119,710 0 84,370
WR BERKLEY CORP. COM 084423102 3,213 67,210 SH   SOLE   47,430 0 19,780
ZIMMER HLDGS COM 98956P102 2,575 25,610 SH   SOLE   18,070 0 7,540