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
3M CO COM 88579Y101 2,605,546 11,070 SH   SOLE   8,370 0 2,700
ABAXIS INC COM 002567105 66,852 1,350 SH   SOLE   1,350 0 0
ABB LTD-REG COM 007108899 1,377,431 51,390 SH   SOLE   0 0 51,390
ABBVIE INC. COM 00287Y109 2,311,369 23,900 SH   SOLE   18,700 0 5,200
ACTIVISION BLIZZARD COM 00507V109 494,529 7,810 SH   SOLE   5,910 0 1,900
ADECCO GROUP AG-REG COM 007110720 626,541 8,190 SH   SOLE   0 0 8,190
AEON MALL CO LTD COM 006534202 442,170 22,600 SH   SOLE   0 0 22,600
AES CORP COM 00130H105 2,807,136 259,200 SH   SOLE   196,300 0 62,900
AFFILIATED MGRS GP COM 008252108 431,025 2,100 SH   SOLE   1,600 0 500
AGNC INVESTMENT CORP COM 00123Q104 2,145,188 106,250 SH   SOLE   80,850 0 25,400
AIA GROUP LTD COM 00B4TX8S1 7,673 900 SH   SOLE   0 0 900
AIR LIQUIDE SA COM 00B1YXBJ7 426,998 3,385 SH   SOLE   0 0 3,385
AIR PROD & CHEM. COM 009158106 180,488 1,100 SH   SOLE   1,100 0 0
AKZO NOBEL COM 005458314 569,673 6,497 SH   SOLE   0 0 6,497
ALEXION PHARM. COM 015351109 65,775 550 SH   SOLE   550 0 0
ALLETE INC COM COM 018522300 572,572 7,700 SH   SOLE   6,200 0 1,500
ALLIANCE BERNSTEIN COM 01881G106 586,170 23,400 SH   SOLE   23,400 0 0
ALLIANCE DATA SYSTEMS COM 018581108 114,066 450 SH   SOLE   450 0 0
ALLIANZ SE-REG COM 005231485 391,380 1,702 SH   SOLE   0 0 1,702
ALLSTATE CORP. COM 020002101 188,478 1,800 SH   SOLE   1,800 0 0
ALLY FINANCIAL INC COM 02005N100 537,127 18,420 SH   SOLE   13,920 0 4,500
ALPHABET INC. CL A COM 02079K305 2,686,170 2,550 SH   SOLE   1,950 0 600
ALPHABET INC. CL C COM 02079K107 1,747,488 1,670 SH   SOLE   1,320 0 350
ALTRIA GROUP COM 02209S103 2,660,023 37,250 SH   SOLE   28,200 0 9,050
AMADEUS IT GROUP SA COM 00B3MSM28 432,142 5,987 SH   SOLE   0 0 5,987
AMAZON COM COM 023135106 3,017,233 2,580 SH   SOLE   2,080 0 500
AMCOR LIMITED COM 006066608 1,062,565 88,101 SH   SOLE   0 0 88,101
AMERICAN TOWER CORP. COM 03027X100 2,863,387 20,070 SH   SOLE   15,570 0 4,500
AMERICAN WTR WKS CO COM 030420103 164,682 1,800 SH   SOLE   1,800 0 0
AMERIPRISE FINANCIAL COM 03076C106 1,365,928 8,060 SH   SOLE   6,110 0 1,950
AMERISAFE INC COM 03071H100 30,800 500 SH   SOLE   500 0 0
AMGEN INC. COM 031162100 399,970 2,300 SH   SOLE   1,700 0 600
AMN HEALTHCARE SVC COM 001744101 29,550 600 SH   SOLE   600 0 0
ANADARKO PETE CORP. COM 032511107 112,644 2,100 SH   SOLE   2,100 0 0
ANDEAVOR COM 03349M105 34,302 300 SH   SOLE   300 0 0
ANSYS INC COM 03662Q105 22,139 150 SH   SOLE   150 0 0
ANTHEM INC. COM 036752103 191,259 850 SH   SOLE   850 0 0
AON CORP COM G0408V102 1,152,400 8,600 SH   SOLE   0 0 8,600
APACHE CORP. COM 037411105 2,002,072 47,420 SH   SOLE   35,920 0 11,500
APPLE INC. COM 037833100 2,980,140 17,610 SH   SOLE   13,910 0 3,700
APPLIED INDL TECH COM 03820C105 122,580 1,800 SH   SOLE   1,800 0 0
APPLIED MATLS INC. COM 038222105 2,779,906 54,380 SH   SOLE   42,080 0 12,300
APTIV PLC COM G6095L109 903,440 10,650 SH   SOLE   0 0 10,650
ARCH CAPITAL GP LTD. COM G0450A105 1,089,240 12,000 SH   SOLE   0 0 12,000
ARES CAP CORP COM 04010L103 401,630 25,549 SH   SOLE   19,349 0 6,200
ASPEN TECHNOLOGY COM 045327103 155,570 2,350 SH   SOLE   2,350 0 0
AT&T INC. COM 00206R102 87,480 2,250 SH   SOLE   2,250 0 0
ATHENAHEALTH INC COM 04685W103 93,128 700 SH   SOLE   700 0 0
AUST & NZ BNKG COM 052528304 1,253,274 56,100 SH   SOLE   0 0 56,100
AUTOLIV INC-SWED DEP RECE COM 005247374 392,969 3,073 SH   SOLE   0 0 3,073
AXIS CAPITAL HDS COM G0692U109 819,238 16,300 SH   SOLE   0 0 16,300
BAE SYS PLC COM 05523R107 1,184,840 38,000 SH   SOLE   0 0 38,000
BAIDU COM INC COM 056752108 351,315 1,500 SH   SOLE   0 0 1,500
BANCO BILBAO VIZCAYA ARGE COM 005501906 505,821 59,229 SH   SOLE   0 0 59,229
BANDAI NAMCO HOLDINGS INC COM 00B0JDQD4 824,341 25,200 SH   SOLE   0 0 25,200
BANK OF AMERICA COM 060505104 57,564 1,950 SH   SOLE   1,950 0 0
BANK OF THE OZARKS COM 063904106 142,928 2,950 SH   SOLE   2,950 0 0
BAXTER INTL INC. COM 071813109 3,270,784 50,600 SH   SOLE   38,300 0 12,300
BAYER AG-REG COM 005069211 1,415,676 11,336 SH   SOLE   0 0 11,336
BEAZER HOMES USA COM 07556Q881 15,944 830 SH   SOLE   830 0 0
BECTON DICKINSON & CO COM 075887109 2,061,398 9,630 SH   SOLE   9,630 0 0
BEIERSDORF AG COM 005107401 567,572 4,828 SH   SOLE   0 0 4,828
BEST BUY INC. COM 086516101 684,700 10,000 SH   SOLE   7,600 0 2,400
BIO-TECHNE CORP COM 09073M104 38,865 300 SH   SOLE   300 0 0
BLACK HILLS CORP COM 092113109 402,737 6,700 SH   SOLE   5,100 0 1,600
BLACKSTONE MORTGAGE TRU-C COM 09257W100 528,717 16,430 SH   SOLE   12,430 0 4,000
BOEING CO. COM 097023105 2,660,088 9,020 SH   SOLE   6,820 0 2,200
BRISTOL MYERS SQUIBB COM 110122108 2,799,883 45,690 SH   SOLE   34,590 0 11,100
BRITISH AMERICAN TOBACCO COM 000287580 30,614 451 SH   SOLE   0 0 451
BROADCOM LTD COM Y09827109 1,361,570 5,300 SH   SOLE   0 0 5,300
BUCKEYE PARTNERS LP COM 118230101 406,310 8,200 SH   SOLE   6,200 0 2,000
CA INC. COM 12673P105 394,035 11,840 SH   SOLE   8,940 0 2,900
CABOT OIL & GAS COM 127097103 2,924,064 102,240 SH   SOLE   77,440 0 24,800
CANADIAN NATL RAILWAY CO COM 002180632 785,885 9,500 SH   SOLE   0 0 9,500
CANADIAN PACIFIC RAILWAY COM 002793115 494,898 2,700 SH   SOLE   0 0 2,700
CARDINAL HEALTH INC COM 14149Y108 451,560 7,370 SH   SOLE   5,820 0 1,550
CARLSBERG AS-B COM 004169219 575,776 4,792 SH   SOLE   0 0 4,792
CASEYS GEN STORES COM 147528103 117,537 1,050 SH   SOLE   1,050 0 0
CATALENT INC COM 148806102 456,399 11,110 SH   SOLE   8,410 0 2,700
CATHAY GENERAL BANCORP COM 149150104 396,398 9,400 SH   SOLE   7,100 0 2,300
CAVCO INDS INC COM 149568107 38,150 250 SH   SOLE   250 0 0
CBOE HOLDINGS INC COM 12503M108 384,983 3,090 SH   SOLE   2,340 0 750
CENTERPOINT ENERGY INC COM 15189T107 130,456 4,600 SH   SOLE   4,600 0 0
CENTURYLINK INC. COM 156700106 429,176 25,730 SH   SOLE   19,530 0 6,200
CGI GROUP INC - CL A COM 002159740 866,731 15,900 SH   SOLE   0 0 15,900
CHARLES SCHWAB COM 808513105 184,932 3,600 SH   SOLE   3,600 0 0
CHASE CORP COM 16150R104 30,125 250 SH   SOLE   250 0 0
CHEFS' WAREHOUSE INC COM 163086101 24,600 1,200 SH   SOLE   1,200 0 0
CHESAPEAKE UTILITIES CORP COM 165303108 23,565 300 SH   SOLE   300 0 0
CHIPOTLE MEXICAN GRILL COM 169656105 57,806 200 SH   SOLE   200 0 0
CIGNA CORP. COM 125509109 2,782,333 13,700 SH   SOLE   10,400 0 3,300
CINTAS CORP COM 172908105 124,664 800 SH   SOLE   800 0 0
CISCO SYSTEMS COM 17275R102 67,025 1,750 SH   SOLE   1,750 0 0
CIT GROUP INC COM 125581801 399,255 8,110 SH   SOLE   6,110 0 2,000
CITIGROUP INC. COM 172967424 7,046,627 94,700 SH   SOLE   71,700 0 23,000
CITIZENS FINANCIAL GROUP COM 174610105 1,495,747 35,630 SH   SOLE   26,980 0 8,650
CME GROUP COM 12572Q105 65,723 450 SH   SOLE   450 0 0
COCA COLA COMPANY COM 191216100 71,114 1,550 SH   SOLE   1,550 0 0
COGNIZANT TECH. COM 192446102 2,414,680 34,000 SH   SOLE   25,800 0 8,200
COHERENT INC COM 192479103 84,666 300 SH   SOLE   300 0 0
COLGATE PALMOLIVE COM 194162103 207,488 2,750 SH   SOLE   2,750 0 0
COMCAST CORP-Cl A COM 20030N101 2,075,391 51,820 SH   SOLE   51,820 0 0
COMPASS GROUP PLC COM 00BLNN3L4 1,232,344 56,937 SH   SOLE   0 0 56,937
COMPASS MINERALS INTL COM 20451N101 28,900 400 SH   SOLE   400 0 0
CONAGRA INC. COM 205887102 494,230 13,120 SH   SOLE   9,920 0 3,200
CONCHO RESOURCES COM 20605P101 917,844 6,110 SH   SOLE   4,610 0 1,500
CONOCOPHILLIPS COM 20825C104 214,071 3,900 SH   SOLE   3,900 0 0
CONTINENTAL RESOURCES COM 212015101 55,619 1,050 SH   SOLE   1,050 0 0
COPART INC COM 217204106 32,393 750 SH   SOLE   750 0 0
CREDIT SAISON CO LTD COM 006591809 353,040 19,400 SH   SOLE   0 0 19,400
CROWN CASTLE INTL COM 22822V101 2,686,442 24,200 SH   SOLE   18,300 0 5,900
CULLEN FROST BANKERS COM 229899109 85,185 900 SH   SOLE   900 0 0
CUMMINS INC COM 231021106 3,214,848 18,200 SH   SOLE   13,800 0 4,400
CVS CAREMARK CORP COM 126650100 396,575 5,470 SH   SOLE   4,170 0 1,300
CYS INVESTMENTS INC. COM 12673A108 382,389 47,620 SH   SOLE   36,120 0 11,500
D R HORTON INC. COM 23331A109 171,085 3,350 SH   SOLE   3,350 0 0
DANAHER CORP COM 235851102 176,358 1,900 SH   SOLE   1,900 0 0
DANONE COM 00B1Y9TB3 549,418 6,541 SH   SOLE   0 0 6,541
DBS GROUP HOLDINGS LTD COM 006175203 1,528,487 82,200 SH   SOLE   0 0 82,200
DELPHI TECHNOLOGIES PLC COM G2709G107 186,269 3,550 SH   SOLE   0 0 3,550
DELTA AIR LINES COM 247361702 2,717,680 48,530 SH   SOLE   36,730 0 11,800
DENSO CORP COM 006640381 750,444 12,500 SH   SOLE   0 0 12,500
DEUTSCHE BOERSE AG COM 007021963 604,435 5,200 SH   SOLE   0 0 5,200
DEVON ENERGY (NEW) COM 25179M103 444,222 10,730 SH   SOLE   8,130 0 2,600
DIAGEO PLC COM 000237400 890,412 24,155 SH   SOLE   0 0 24,155
DIEBOLD INC COM 253651103 9,810 600 SH   SOLE   600 0 0
DIGITAL RLTY TR COM 253868103 2,764,353 24,270 SH   SOLE   18,720 0 5,550
DISCOVER FINCL SERVICES COM 254709108 3,316,790 43,120 SH   SOLE   32,620 0 10,500
DISH NETWORK CORP CL A COM 25470M109 59,688 1,250 SH   SOLE   1,250 0 0
DISTRIBUIDORA INTERNACION COM 00B55ZR92 276,318 53,477 SH   SOLE   0 0 53,477
DOLLAR GEN CORP COM 256677105 69,758 750 SH   SOLE   750 0 0
DR PEPPER SNAPPLE GP COM 26138E109 1,388,929 14,310 SH   SOLE   10,810 0 3,500
EDISON INTERNATIONAL COM 281020107 2,927,380 46,290 SH   SOLE   35,090 0 11,200
EL PASO ELEC CO. COM 283677854 415,125 7,500 SH   SOLE   5,700 0 1,800
ELI LILLY & CO. COM 532457108 2,610,659 30,910 SH   SOLE   23,410 0 7,500
ELLIE MAE INC COM 28849P100 53,640 600 SH   SOLE   600 0 0
ENTERGY CORP. COM 29364G103 1,456,067 17,890 SH   SOLE   13,540 0 4,350
EOG RESOURCES INC. COM 26875P101 563,290 5,220 SH   SOLE   3,920 0 1,300
EQUINIX INC COM 29444U700 412,430 910 SH   SOLE   710 0 200
ERSTE GROUP BANK AG COM 005289837 402,247 9,278 SH   SOLE   0 0 9,278
ESSILOR INTERNATIONAL COM 007212477 234,102 1,696 SH   SOLE   0 0 1,696
EXELON CORP. COM 30161N101 3,408,965 86,500 SH   SOLE   65,500 0 21,000
EXPEDITORS INT'L COM 302130109 45,283 700 SH   SOLE   700 0 0
EXPRESS SCRIPTS HDG COM 30219G108 422,462 5,660 SH   SOLE   4,310 0 1,350
FACEBOOK INC. COM 30303M102 388,212 2,200 SH   SOLE   2,200 0 0
FACTSET RESH SYS COM 303075105 144,570 750 SH   SOLE   750 0 0
FAMILYMART UNY HOLDINGS C COM 006331276 645,184 9,200 SH   SOLE   0 0 9,200
FANUC CORP COM 006356934 804,714 3,350 SH   SOLE   0 0 3,350
FIFTH THIRD BANCORP COM 316773100 2,571,618 84,760 SH   SOLE   64,160 0 20,600
FIRST ENERGY CORP COM 337932107 419,494 13,700 SH   SOLE   10,400 0 3,300
FIRST MERCHANTS CORP COM 320817109 96,738 2,300 SH   SOLE   2,300 0 0
FIRST REPUBLIC BANK/CA COM 33616C100 550,164 6,350 SH   SOLE   5,250 0 1,100
FNF GROUP COM 31620R303 483,829 12,330 SH   SOLE   9,330 0 3,000
FOMENTO ECONOMICO MEX-SP COM 344419106 389,685 4,150 SH   SOLE   0 0 4,150
FORD MOTOR CO. COM 345370860 131,770 10,550 SH   SOLE   10,550 0 0
FOX FACTORY HOLDING CORP COM 35138V102 40,793 1,050 SH   SOLE   1,050 0 0
FRESENIUS SE & CO KGAA COM 004352097 745,418 9,540 SH   SOLE   0 0 9,540
FULTON FINL CORP. COM 360271100 395,590 22,100 SH   SOLE   16,700 0 5,400
GALLAGHER ARTHUR CO. COM 363576109 2,715,345 42,910 SH   SOLE   32,510 0 10,400
GEBERIT AG-REG COM 00B1WGG93 750,320 1,704 SH   SOLE   0 0 1,704
GENERAL MTRS CO COM 37045V100 47,139 1,150 SH   SOLE   1,150 0 0
GILEAD SCIENCES INC. COM 375558103 3,109,892 43,410 SH   SOLE   32,910 0 10,500
GLOBUS MEDICAL CL A COM 379577208 43,155 1,050 SH   SOLE   1,050 0 0
GRAMERCY PROPERTY TRUST COM 385002308 42,656 1,600 SH   SOLE   1,600 0 0
GRAPHIC PACKAGING HOLDING COM 388689101 27,038 1,750 SH   SOLE   1,750 0 0
GRIFOLS SA-ADR COM 398438408 1,356,864 59,200 SH   SOLE   0 0 59,200
GROUPE BRUXELLES LAMBERT COM 007097328 416,896 3,858 SH   SOLE   0 0 3,858
GRUPO TELEVISA SA COM 40049J206 207,237 11,100 SH   SOLE   0 0 11,100
HALLIBURTON CO. COM 406216101 2,435,192 49,830 SH   SOLE   49,830 0 0
HARTFORD FINCL. SRV COM 416515104 559,986 9,950 SH   SOLE   8,250 0 1,700
HASBRO INC. COM 418056107 122,702 1,350 SH   SOLE   1,350 0 0
HCA INC. COM 40412C101 720,288 8,200 SH   SOLE   6,200 0 2,000
HEALTHCARE REALTY COM 421946104 125,268 3,900 SH   SOLE   3,900 0 0
HEICO CORP-CLASS A COM 422806208 169,958 2,150 SH   SOLE   2,150 0 0
HEINEKEN NV COM 007792559 727,045 6,965 SH   SOLE   0 0 6,965
HELMERICH & PAYNE COM 423452101 860,358 13,310 SH   SOLE   10,060 0 3,250
HENKEL AG & CO KGAA VORZU COM 005076705 457,949 3,456 SH   SOLE   0 0 3,456
HERMES INTERNATIONAL COM 005253973 542,823 1,013 SH   SOLE   0 0 1,013
HESS CORP. COM 42809H107 3,105,962 65,430 SH   SOLE   49,530 0 15,900
HEXAGON AB-B SHS COM 00B1XFTL2 902,449 17,982 SH   SOLE   0 0 17,982
HOLOGIC INC COM 436440101 25,650 600 SH   SOLE   600 0 0
HOME DEPOT INC. COM 437076102 2,765,243 14,590 SH   SOLE   11,040 0 3,550
HONEYWELL INT'L COM 438516106 1,042,848 6,800 SH   SOLE   6,800 0 0
HOYA CORP COM 006441506 944,245 18,900 SH   SOLE   0 0 18,900
HUMANA INC. COM 444859102 37,211 150 SH   SOLE   150 0 0
HUNT J B TRANS SVCS COM 445658107 172,470 1,500 SH   SOLE   1,500 0 0
HUNTINGTON BANCSHARES COM 446150104 26,208 1,800 SH   SOLE   1,800 0 0
HUNTINGTON INGALLS INDUS COM 446413106 153,205 650 SH   SOLE   650 0 0
ICICI BK LTD COM 45104G104 107,565 11,055 SH   SOLE   0 0 11,055
IDACORP COM 451107106 401,984 4,400 SH   SOLE   3,300 0 1,100
ILLINOIS TOOL INC. COM 452308109 2,639,567 15,820 SH   SOLE   12,020 0 3,800
ILLUMINA INC COM 452327109 131,094 600 SH   SOLE   600 0 0
IMPERIAL OIL LTD COM 002454241 56,358 1,800 SH   SOLE   0 0 1,800
IMPERIAL OIL LTD COM 453038408 589,491 18,900 SH   SOLE   0 0 18,900
ING GROEP NV-CVA COM 00BZ57390 1,765,513 95,940 SH   SOLE   0 0 95,940
INGREDION INC COM 457187102 2,865,900 20,500 SH   SOLE   15,600 0 4,900
INSURANCE AUSTRALIA GROUP COM 006271026 691,475 122,109 SH   SOLE   0 0 122,109
INT'L PAPER CO. COM 460146103 2,798,502 48,300 SH   SOLE   36,600 0 11,700
INTL CONSOLIDATED AIRLINE COM 00B5M6XQ7 40,509 4,600 SH   SOLE   0 0 4,600
INTUITIVE SURGICAL INC COM 46120E602 164,223 450 SH   SOLE   450 0 0
INVESTOR AB-B SHS COM 005679591 768,396 16,817 SH   SOLE   0 0 16,817
INVESTORS BANCORP INC COM 46146L101 395,580 28,500 SH   SOLE   21,600 0 6,900
ISS A/S COM 00BKJ9RT5 934,629 24,116 SH   SOLE   0 0 24,116
ITAU UNIBANCO HLDNG-PREF COM 465562106 575,835 44,295 SH   SOLE   0 0 44,295
J & J SNACK FOODS COM 466032109 60,732 400 SH   SOLE   400 0 0
JAPAN TOBACCO INC COM 006474535 625,312 19,400 SH   SOLE   0 0 19,400
JARDINE LLOYD THOMPSON GR COM 000520337 17,086 908 SH   SOLE   0 0 908
JM SMUCKER CO COM 832696405 142,876 1,150 SH   SOLE   1,150 0 0
JOHNSON & JOHNSON COM 478160104 796,404 5,700 SH   SOLE   4,300 0 1,400
JPMORGAN CHASE & CO COM 46625H100 10,576,366 98,900 SH   SOLE   74,900 0 24,000
JULIUS BAER GROUP LTD COM 00B4R2R50 343,778 5,621 SH   SOLE   0 0 5,621
KAISER ALUMINUM CORP COM 483007704 96,165 900 SH   SOLE   900 0 0
KBC GROEP NV COM 004497749 325,844 3,816 SH   SOLE   0 0 3,816
KDDI CORP COM 006248990 627,372 25,200 SH   SOLE   0 0 25,200
KELLOGG CO COM 487836108 1,805,549 26,560 SH   SOLE   20,710 0 5,850
KEYCORP COM 493267108 3,206,022 158,950 SH   SOLE   121,050 0 37,900
KIA MOTORS CORP COM 006490928 78,951 2,523 SH   SOLE   0 0 2,523
KIMBERLY CLARK CORP. COM 494368103 2,847,576 23,600 SH   SOLE   17,850 0 5,750
KINGFISHER PLC COM 003319521 327,136 71,611 SH   SOLE   0 0 71,611
KOMATSU LTD COM 006496584 948,456 26,200 SH   SOLE   0 0 26,200
KROGER CO. COM 501044101 1,805,387 65,770 SH   SOLE   49,770 0 16,000
KUEHNE & NAGEL INTL AG-RE COM 00B142S60 461,121 2,605 SH   SOLE   0 0 2,605
L3 TECHNOLOGIES INC COM 502413107 118,710 600 SH   SOLE   600 0 0
LAM RESEARCH COM 512807108 2,530,963 13,750 SH   SOLE   10,400 0 3,350
LAUDER ESTEE COS. COM 518439104 2,609,692 20,510 SH   SOLE   15,510 0 5,000
LEAR CORP. COM 521865204 2,791,228 15,800 SH   SOLE   12,000 0 3,800
LEGRAND SA COM 00B11ZRK9 500,553 6,494 SH   SOLE   0 0 6,494
LENOVO GROUP LTD COM 006218089 88,005 156,000 SH   SOLE   0 0 156,000
LIBERTY GLOBAL PLC-SERIES COM 094506492 517,752 15,300 SH   SOLE   0 0 15,300
LINDE AG COM 005740817 1,398,002 6,418 SH   SOLE   0 0 6,418
LITTELFUSE INC COM 537008104 98,910 500 SH   SOLE   500 0 0
LOCKHEED MARTIN COM 539830109 2,655,084 8,270 SH   SOLE   6,220 0 2,050
MARATHON OIL COM 565849106 1,396,725 82,500 SH   SOLE   62,500 0 20,000
MARATHON PETROLEUM CORP COM 56585A102 3,335,289 50,550 SH   SOLE   38,950 0 11,600
MARKETAXESS HOLDINGS COM 57060D108 171,488 850 SH   SOLE   850 0 0
MARSH & MCLENNON COM 571748102 2,614,247 32,120 SH   SOLE   24,320 0 7,800
MASTERCARD INC. COM 57636Q104 151,360 1,000 SH   SOLE   1,000 0 0
MAXIM INTERGRATED COM 57772K101 2,417,950 46,250 SH   SOLE   35,000 0 11,250
MCDONALDS CORP. COM 580135101 2,898,501 16,840 SH   SOLE   13,140 0 3,700
MCKESSON CORP COM 58155Q103 389,875 2,500 SH   SOLE   1,900 0 600
MEDTRONIC INC. COM G5960L103 96,900 1,200 SH   SOLE   0 0 1,200
MERCK & CO. INC. COM 58933Y105 258,842 4,600 SH   SOLE   4,600 0 0
MERCK KGAA COM 004741844 752,786 6,985 SH   SOLE   0 0 6,985
METLIFE INC COM 59156R108 3,672,173 72,630 SH   SOLE   55,030 0 17,600
MFA FINANCIAL INC. COM 55272X102 106,524 13,450 SH   SOLE   13,450 0 0
MICROSOFT CORP. COM 594918104 2,883,553 33,710 SH   SOLE   26,260 0 7,450
MOODYS CORP COM 615369105 2,612,697 17,700 SH   SOLE   13,400 0 4,300
MORNINGSTAR INC COM 617700109 67,879 700 SH   SOLE   700 0 0
MOSAIC CO. COM 61945C103 414,409 16,150 SH   SOLE   12,250 0 3,900
MTU AERO ENGINES AG COM 00B09DHL9 1,390,705 7,752 SH   SOLE   0 0 7,752
NASPERS LTD-N SHS COM 006622691 98,122 352 SH   SOLE   0 0 352
NATIONAL BANK HOLD-CL A COM 633707104 398,240 12,280 SH   SOLE   9,280 0 3,000
NATIONAL COMMERCE CORP COM 63546L102 24,150 600 SH   SOLE   600 0 0
NEKTAR THERAPEUTICS COM 640268108 26,874 450 SH   SOLE   450 0 0
NESTLE SA-REG COM 007123870 2,076,297 24,145 SH   SOLE   0 0 24,145
NETEASE COM INC COM 64110W102 138,028 400 SH   SOLE   0 0 400
NEW ORIENTAL EDUCATIO-SP COM 647581107 159,800 1,700 SH   SOLE   0 0 1,700
NEWMONT MINING COM 651639106 26,264 700 SH   SOLE   700 0 0
NOBLE ENERGY INC COM 655044105 1,093,624 37,530 SH   SOLE   28,380 0 9,150
NORTHROP GRUMMAN COM 666807102 2,271,134 7,400 SH   SOLE   5,600 0 1,800
NORTHWESTERN CORP COM 668074305 394,020 6,600 SH   SOLE   5,000 0 1,600
NOVOZYMES A/S-B SHARES COM 00B798FW0 1,336,436 23,375 SH   SOLE   0 0 23,375
NTT DOCOMO INC COM 006129277 380,312 16,100 SH   SOLE   0 0 16,100
NVE CORP COM 629445206 90,300 1,050 SH   SOLE   1,050 0 0
NVIDIA CORP COM 67066G104 222,525 1,150 SH   SOLE   1,150 0 0
OCCIDENTAL PETRO. COM 674599105 206,248 2,800 SH   SOLE   2,800 0 0
OLD DOMINION FGHT LINE COM 679580100 151,283 1,150 SH   SOLE   1,150 0 0
OLD REP INTL CORP. COM 680223104 76,968 3,600 SH   SOLE   3,600 0 0
OLLIE'S BARGAIN OUTLET HD COM 681116109 103,838 1,950 SH   SOLE   1,950 0 0
OLYMPUS CORP COM 006658801 218,589 5,700 SH   SOLE   0 0 5,700
ONO PHARMACEUTICAL CO LTD COM 006660107 298,383 12,800 SH   SOLE   0 0 12,800
ORION CORP COM 006896849 21,110 848 SH   SOLE   0 0 848
ORION CORP/REPUBLIC OF KO COM 00BDVLJ72 159,305 1,632 SH   SOLE   0 0 1,632
ORKLA ASA COM 00B1VQF42 454,037 42,662 SH   SOLE   0 0 42,662
OSHKOSH TRUCK CORP COM 688239201 136,335 1,500 SH   SOLE   1,500 0 0
OVERSEA-CHINESE BANKING C COM 00B0F9V20 645,274 69,600 SH   SOLE   0 0 69,600
PACKAGING CORP OF AMERICA COM 695156109 446,035 3,700 SH   SOLE   2,750 0 950
PALO ALTO NETWORKS INC COM 697435105 28,988 200 SH   SOLE   200 0 0
PANALPINA WELTTRANSPORT - COM 00B0KJTG5 520,671 3,358 SH   SOLE   0 0 3,358
PANHANDLE OIL AND GAS INC COM 698477106 22,605 1,100 SH   SOLE   1,100 0 0
PAR PACIFIC HOLDINGS COM 69888T207 23,136 1,200 SH   SOLE   1,200 0 0
PARGESA HOLDING SA-BR COM 00B0CDLF8 965,962 11,140 SH   SOLE   0 0 11,140
PARKER HANNIFIN COM 701094104 718,488 3,600 SH   SOLE   2,700 0 900
PARSLEY ENERGY INC COM 701877102 60,352 2,050 SH   SOLE   2,050 0 0
PARTNERS GROUP HOLDING AG COM 00B119QG0 1,166,687 1,702 SH   SOLE   0 0 1,702
PATTERSON ENERGY COM 703481101 450,076 19,560 SH   SOLE   14,860 0 4,700
PAYCOM SOFTWARE INC COM 70432V102 28,116 350 SH   SOLE   350 0 0
PAYPAL HOLDINGS INC COM 70450Y103 161,964 2,200 SH   SOLE   2,200 0 0
PEPSICO INC. COM 713448108 3,114,322 25,970 SH   SOLE   19,670 0 6,300
PERNOD RICARD SA COM 004682329 760,697 4,801 SH   SOLE   0 0 4,801
PFIZER INC. COM 717081103 59,763 1,650 SH   SOLE   1,650 0 0
PHIBRO ANIMAL HEALTH CORP COM 71742Q106 574,860 17,160 SH   SOLE   13,160 0 4,000
PIONEER NAT RES CO COM 723787107 451,139 2,610 SH   SOLE   2,010 0 600
PNM RES INC COM 69349H107 416,635 10,300 SH   SOLE   7,800 0 2,500
PORTLAND GENERAL ELECTRIC COM 736508847 1,162,746 25,510 SH   SOLE   19,510 0 6,000
PPG INDUSTRIES COM 693506107 398,356 3,410 SH   SOLE   2,610 0 800
PRAXAIR INC. COM 74005P104 1,904,111 12,310 SH   SOLE   9,310 0 3,000
PRESTIGE BRANDS HOLDINGS COM 74112D101 1,332,744 30,010 SH   SOLE   23,010 0 7,000
PRICELINE COM INC COM 741503403 86,887 50 SH   SOLE   50 0 0
PRICESMART INC COM 741511109 38,745 450 SH   SOLE   450 0 0
PROLOGIS TR COM 74340W103 387,060 6,000 SH   SOLE   4,500 0 1,500
PUBLIC STORAGE INC COM 74460D109 2,656,390 12,710 SH   SOLE   9,610 0 3,100
PUBLIC SVC ENTER. COM 744573106 870,350 16,900 SH   SOLE   13,600 0 3,300
QUAKER CHEM CORP COM 747316107 22,619 150 SH   SOLE   150 0 0
RANDSTAD HOLDING NV COM 005228658 368,066 5,982 SH   SOLE   0 0 5,982
RAYONIER INC COM COM 754907103 25,304 800 SH   SOLE   800 0 0
RAYTHEON CO. COM 755111507 103,318 550 SH   SOLE   550 0 0
RBC BEARINGS INC COM 75524B104 50,560 400 SH   SOLE   400 0 0
RECKITT BENCKISER GROUP P COM 00B24CGK7 855,568 9,141 SH   SOLE   0 0 9,141
RECRUIT HOLDINGS CO LTD COM 00BQRRZ00 924,634 37,200 SH   SOLE   0 0 37,200
RED HAT INC COM 756577102 162,135 1,350 SH   SOLE   1,350 0 0
REED ELSEVIER NV COM 004148810 1,300,553 56,513 SH   SOLE   0 0 56,513
REED ELSEVIER PLC COM 00B2B0DG9 1,318,091 56,031 SH   SOLE   0 0 56,031
REGENERON PHARM. COM 75886F107 112,788 300 SH   SOLE   300 0 0
REGIONS FINANCIAL CORP COM 7591EP100 3,108,845 179,910 SH   SOLE   136,210 0 43,700
RIGHTMOVE PLC COM 00B2987V8 674,846 11,086 SH   SOLE   0 0 11,086
RINNAI CORP COM 006740582 307,856 3,400 SH   SOLE   0 0 3,400
ROCHE HOLDING AG-GENUSSCH COM 007110388 1,533,637 6,063 SH   SOLE   0 0 6,063
ROCKWELL INT'L COM 773903109 746,130 3,800 SH   SOLE   2,900 0 900
ROYAL BANK OF CANADA COM 002754383 1,249,381 15,250 SH   SOLE   0 0 15,250
ROYAL DUTCH SHELL A COM 780259206 1,857,874 27,850 SH   SOLE   0 0 27,850
S & T BANCORP INC COM 783859101 27,867 700 SH   SOLE   700 0 0
SALESFORCE COM INC COM 79466L302 189,126 1,850 SH   SOLE   1,850 0 0
SANTEN PHARMACEUTICAL CO COM 006776606 487,359 31,000 SH   SOLE   0 0 31,000
SAP AG COM 004846288 1,539,250 13,717 SH   SOLE   0 0 13,717
SASOL LTD COM 803866300 909,986 26,600 SH   SOLE   0 0 26,600
SCRIPPS NETWORKS COM 811065101 72,573 850 SH   SOLE   850 0 0
SEI INVESTMENTS CO. COM 784117103 517,392 7,200 SH   SOLE   5,500 0 1,700
SENIOR HOUSING PROP TRUST COM 81721M109 23,938 1,250 SH   SOLE   1,250 0 0
SERVICE CORP INT'L COM 817565104 26,124 700 SH   SOLE   700 0 0
SHENANDOAH TELECOMM COM 82312B106 25,350 750 SH   SOLE   750 0 0
SHIN-ETSU CHEMICAL CO LTD COM 006804585 1,158,722 11,400 SH   SOLE   0 0 11,400
SHUTTERSTOCK INC COM 825690100 25,818 600 SH   SOLE   600 0 0
SIMON PPTY GP COM 828806109 2,835,427 16,510 SH   SOLE   12,510 0 4,000
SINCLAIR BRDCASTinG GRP COM 829226109 28,388 750 SH   SOLE   750 0 0
SLEEP NUMBER CORP. COM 83125X103 26,313 700 SH   SOLE   700 0 0
SMITH & NEPHEW PLC COM 000922320 15,733 903 SH   SOLE   0 0 903
SMITHS GROUP PLC COM 00B1WY233 308,850 15,323 SH   SOLE   0 0 15,323
SODEXO COM 007062713 461,236 3,428 SH   SOLE   0 0 3,428
SONY FINANCIAL HOLDINGS I COM 00B249SN5 981,610 55,400 SH   SOLE   0 0 55,400
SOUTHWEST AIRLINES COM 844741108 130,900 2,000 SH   SOLE   2,000 0 0
SPIRE INC COM 84857L101 398,295 5,300 SH   SOLE   4,000 0 1,300
STAG INDUSTRIAL INC COM 85254J102 68,325 2,500 SH   SOLE   2,500 0 0
STANDARD CHARTERED PLC COM 000408284 17,750 1,682 SH   SOLE   0 0 1,682
STANLEY ELECTRIC CO LTD COM 006841106 1,206,192 29,700 SH   SOLE   0 0 29,700
STATE BANK FINANCIAL CORP COM 856190103 393,888 13,200 SH   SOLE   10,000 0 3,200
STEEL DYNAMICS INC COM 858119100 77,634 1,800 SH   SOLE   1,800 0 0
STRYKER CORP. COM 863667101 402,584 2,600 SH   SOLE   2,000 0 600
SUMITOMO METAL MINING CO COM 006858849 597,550 13,000 SH   SOLE   0 0 13,000
SUNCOR ENERGY INC COM 00B3NB1P2 136,282 3,700 SH   SOLE   0 0 3,700
SUNCOR ENERGY INC COM 867224107 1,083,240 29,500 SH   SOLE   0 0 29,500
SWEDBANK AB - A SHARES COM 004846523 414,122 17,133 SH   SOLE   0 0 17,133
SYNCHRONY FINANCIAL COM 87165B103 3,148,646 81,550 SH   SOLE   61,750 0 19,800
SYNGENTA AG-REG COM 004356646 46,383 100 SH   SOLE   0 0 100
SYSCO COM 871829107 1,820,078 29,970 SH   SOLE   22,720 0 7,250
T ROWE PRICE GP COM 74144T108 411,326 3,920 SH   SOLE   2,920 0 1,000
T-MOBILE US INC COM 872590104 25,404 400 SH   SOLE   400 0 0
TAIWAN SEMICONDUCTOR COM 874039100 114,985 2,900 SH   SOLE   0 0 2,900
TAPESTRY INC. COM 876030107 455,569 10,300 SH   SOLE   7,800 0 2,500
TE CONNECTIVITY LTD COM H84989104 1,905,552 20,050 SH   SOLE   0 0 20,050
TELEFONICA BRASIL-ADR COM 87936R106 255,076 17,200 SH   SOLE   0 0 17,200
TERADYNE INC. COM 880770102 171,667 4,100 SH   SOLE   4,100 0 0
TERUMO CORP COM 006885074 327,084 6,900 SH   SOLE   0 0 6,900
TESLA MOTORS COM 88160R101 77,838 250 SH   SOLE   250 0 0
TEXAS INSTRS INC. COM 882508104 2,763,482 26,460 SH   SOLE   20,010 0 6,450
TEXAS ROADHOUSE INC COM 882681109 131,700 2,500 SH   SOLE   2,500 0 0
TJX COMPANIES INC. COM 872540109 1,071,205 14,010 SH   SOLE   10,610 0 3,400
TOKYO ELECTRON LTD COM 006895675 1,666,045 9,200 SH   SOLE   0 0 9,200
TORONTO-DOMINION BANK COM 002897222 1,222,651 20,800 SH   SOLE   0 0 20,800
TRAVELERS COMPANIES COM 89417E109 183,114 1,350 SH   SOLE   1,350 0 0
TTM TECHNOLOGIES INC COM 87305R109 22,722 1,450 SH   SOLE   1,450 0 0
TYSON FOOD CL A COM 902494103 3,096,874 38,200 SH   SOLE   28,900 0 9,300
UCB SA COM 005596991 483,648 6,086 SH   SOLE   0 0 6,086
UNILEVER PLC COM 00B10RZP7 284,340 5,095 SH   SOLE   0 0 5,095
UNILEVER PLC COM 904767704 1,779,181 32,150 SH   SOLE   0 0 32,150
UNION PACIFIC CORP. COM 907818108 2,936,790 21,900 SH   SOLE   16,600 0 5,300
UNITED HEALTHCARE COM 91324P102 2,711,658 12,300 SH   SOLE   9,400 0 2,900
UNITED OVERSEAS BANK LTD COM 006916781 1,155,852 58,400 SH   SOLE   0 0 58,400
UNITED OVERSEAS BANK-SP A COM 911271302 1,632,962 41,200 SH   SOLE   0 0 41,200
UNITED PARCEL SERVICE COM 911312106 2,695,173 22,620 SH   SOLE   17,170 0 5,450
UNUMPROVIDENT COM 91529Y106 1,741,111 31,720 SH   SOLE   24,070 0 7,650
US ECOLOGY INC COM 91732J102 28,050 550 SH   SOLE   550 0 0
V F CORP. COM 918204108 2,782,400 37,600 SH   SOLE   28,500 0 9,100
VALERO ENERGY NEW COM 91913Y100 3,586,328 39,020 SH   SOLE   29,520 0 9,500
VERISK ANALYTICS INC COM 92345Y106 163,200 1,700 SH   SOLE   1,700 0 0
VERMILION ENERGY INC COM 00B607XS1 690,878 18,950 SH   SOLE   0 0 18,950
VESUVIUS PLC COM 00B82YXW8 644,242 81,549 SH   SOLE   0 0 81,549
VIPSHOP HOLDINGS LTD - AD COM 92763W103 72,664 6,200 SH   SOLE   0 0 6,200
VISA INC COM 92826C839 2,446,869 21,460 SH   SOLE   16,860 0 4,600
VOPAK COM 005809428 409,842 9,333 SH   SOLE   0 0 9,333
VOYA FINANCIAL INC. COM 929089100 1,717,598 34,720 SH   SOLE   26,520 0 8,200
VULCAN MATLS COM 929160109 2,543,010 19,810 SH   SOLE   15,310 0 4,500
WASTE MGMT INC DEL. COM 94106L109 2,823,736 32,720 SH   SOLE   24,820 0 7,900
WATERS CORP. COM 941848103 77,276 400 SH   SOLE   400 0 0
WD-40 CO COM 929236107 94,400 800 SH   SOLE   800 0 0
WELLS FARGO & CO COM 949746101 48,536 800 SH   SOLE   800 0 0
WH SMITH PLC COM 00B2PDGW1 638,473 20,110 SH   SOLE   0 0 20,110
WIRECARD AG COM 007508927 1,330,261 11,903 SH   SOLE   0 0 11,903
WOOD GROUP (JOHN) PLC COM 00B5N0P84 849,260 96,585 SH   SOLE   0 0 96,585
WORKDAY INC-CL. A COM 98138H101 61,044 600 SH   SOLE   600 0 0
WPP PLC COM 00B8KF9B4 875,309 48,252 SH   SOLE   0 0 48,252
WSFS FINL CORP COM 929328102 64,598 1,350 SH   SOLE   1,350 0 0
XPO LOGISTICS INC COM 983793100 27,477 300 SH   SOLE   300 0 0
YAHOO JAPAN CORP COM 006084848 426,359 92,900 SH   SOLE   0 0 92,900
ZIMMER BIOMET HOLDINGS COM 98956P102 2,740,416 22,710 SH   SOLE   17,160 0 5,550
ZION BANCORP COM 989701107 129,617 2,550 SH   SOLE   2,550 0 0
ZODIAC AEROSPACE COM 007294334 463,528 15,484 SH   SOLE   0 0 15,484
ZOETIS INC COM 98978V103 2,707,263 37,580 SH   SOLE   28,880 0 8,700