Full Holdings

%
NET ASSETS
NAME IDENTIFIER SHARES HELD MARKET VALUE ($)
1.244 FLEXTRONICS INTERNATIONAL FLEX 230302 $2,828,108.56
0.858 RENAISSANCERE HOLDINGS RNR 18900 $1,950,102.00
1.156 EVEREST RE HLDG RE 14758 $2,628,842.54
1.145 ORANGE S.A. ORAN 141983 $2,603,968.22
0.763 MAGNA INTERNATIONAL-CL A MGA 15903 $1,734,381.18
0.669 BP AMOCO PLC ADR BP 36789 $1,521,593.04
1.094 PLATINUM UNDERWRITERS HOL PTP 32477 $2,487,738.20
0.941 PARTNERRE LTD PRE 18620 $2,139,065.60
1.167 MONTPELIER RE HOLDINGS MRH 73072 $2,652,513.60
0.827 INGERSOLL-RAND PLC IR 27680 $1,880,579.20
1.135 AXIS AXS 49732 $2,581,090.80
0.909 ASPEN INSURANCE HOLDINGS AHL 45080 $2,067,819.60
1.16 XEROX CORP XRX 197395 $2,637,197.20
1.36 WESTERN DIGITAL WDC 28797 $3,091,069.98
1.35 THE WENDY'S COMPANY WEN 271397 $3,069,500.07
0.53 VISTEON CORPORATION VC 11911 $1,204,321.21
0.925 UNUMPROVIDENT CORP UNM 62580 $2,103,313.80
1.234 TRAVELERS COS INC TRV 26019 $2,805,368.58
0.291 TIME WARNER, INC. TWX 8015 $660,596.30
0.874 3M COMPANY MMM 11711 $1,986,302.71
1.233 TEXAS INSTRUMENTS INC TXN 47180 $2,803,435.60
0.956 TELUS CORP TU 61048 $2,172,698.32
1.05 STATE STREET CORP STT 31917 $2,387,710.77
1.112 SPOK HOLDINGS INC SPOK 128240 $2,527,610.40
1.292 SOUTHWEST AIRLINES CO LUV 66666 $2,938,637.28
1.046 SIX FLAGS ENTERTAINMENT SIX 51642 $2,377,597.68
0.919 SANDISK CORP SNDK 26774 $2,089,710.70
0.871 SPX CORP SPW 22282 $1,981,092.62
1.22 REYNOLDS AMERICAN INC RAI 36680 $2,774,108.40
1.278 RAYTHEON RTN 26766 $2,906,787.60
0.501 PHILLIPS 66 PSX 14214 $1,137,972.84
0.996 PFIZER PFE 65447 $2,263,811.73
1.191 PPG INDUSTRIES INC PPG 11480 $2,707,443.20
1.117 OMNICARE INC OCR 33076 $2,540,567.56
1.311 O'REILLY AUTOMOTIVE INC ORLY 14239 $2,980,792.26
1.135 NVIDIA CORP. NVDA 116240 $2,580,528.00
1.304 NORTHROP GRUMMAN NOC 17825 $2,964,475.75
0.815 NORTHERN TIER ENERGY LP NTI 77466 $1,852,212.06
0.624 NEWELL RUBBERMAID NWL 35819 $1,417,716.02
0.975 NETAPP INC NTAP 57337 $2,216,075.05
1.207 MEDIFAST INC MED 83025 $2,743,146.00
1.008 MARATHON PETROLEUM CORP MPC 21420 $2,292,796.80
1.128 MACY'S INC M 40334 $2,564,435.72
1.414 LOWE'S COS INC LOW 43400 $3,215,940.00
1.137 LILLY (ELI) CO LLY 36921 $2,585,577.63
1.074 LIBERTY MEDIA INT-A QVCA 83082 $2,442,610.80
1.077 LEXMARK INTL GRP INC -CL LXK 57960 $2,447,650.80
1.407 LEGG MASON INC LM 54864 $3,198,571.20
1.2 L-3 COMMUNICATIONS CORP LLL 20860 $2,727,445.00
0.924 LPL FINANCIAL HOLDINGS LPLA 46720 $2,100,998.40
1.215 KOHLS CORP KSS 38544 $2,763,219.36
0.886 KIMBERLY-CLARK KMB 18333 $2,014,980.03
0.983 JUNIPER NETWORKS JNPR 92717 $2,235,406.87
0.406 JOY GLOBAL INC JOY 20647 $923,333.84
1.094 INTL PAPER IP 43811 $2,486,712.36
1.021 HUNTINGTON BANCSHARES HBAN 211634 $2,321,624.98
0.404 HUGOTON ROYALTY TRUST HGT 113678 $919,655.02
1.29 HOME DEPOT INC HD 25425 $2,933,536.50
0.759 HOLLYFRONTIER CORP HFC 38873 $1,726,349.93
0.606 HESS CORP HES 18253 $1,376,823.79
0.928 GENERAL MILLS INC GIS 39503 $2,110,250.26
0.595 GENERAL DYNAMICS GD 9695 $1,351,773.85
0.868 GAP INC GPS 48887 $1,973,568.19
1.27 GANNETT CO GCI 80901 $2,886,547.68
1.442 FRONTIER COMMUNICATIONS FTR 409892 $3,279,136.00
0.851 FLOWSERVE CORP FLS 30902 $1,934,465.20
0.855 FIFTH THIRD BANCORP FITB 99960 $1,943,222.40
1.089 EXPRESS SCRIPTS HOLDING ESRX 29298 $2,476,852.92
1.1 DU PONT (E I) DE NEMOURS DD 32060 $2,501,641.80
1.218 DR PEPPER SNAPPLE GROUP DPS 35420 $2,769,489.80
0.837 DILLARDS INC A DDS 14640 $1,903,200.00
1.089 CORNING INCORPORATED GLW 101142 $2,474,944.74
0.92 CORELOGIC INC CLGX 62160 $2,092,305.60
1.092 COMPUTER SCIENCES CORP CSC 35036 $2,482,650.96
0.934 COMERICA INC CMA 46200 $2,123,352.00
0.946 COCA COLA ENTERPRISES CCE 46620 $2,151,979.20
0.988 CLEARWATER PAPER CORP CLW 36365 $2,245,538.75
1.011 CHUBB CORP CB 22845 $2,299,577.70
1.375 CHEMED CORP CHE 26830 $3,125,426.70
1.133 CENTURYLINK INC CTL 68901 $2,576,897.40
0.694 CATO CORP, CLASS A CATO 35808 $1,577,342.40
0.909 CA INC CA 63000 $2,067,660.00
1.373 CVS CORP CVS 29960 $3,120,933.20
1.024 CIT GROUP INC CIT 50359 $2,328,600.16
0.682 CIGNA CORP CI 12761 $1,551,609.99
0.954 CBS CORPORATION CBS 36680 $2,169,255.20
0.566 BERKLEY (WR) CORP WRB 25547 $1,286,291.45
1.114 AVERY DENNISON CORP AVY 46646 $2,532,877.80
0.371 ATLANTIC POWER CORP AT 318181 $843,179.65
0.847 ASSURANT INC AIZ 31555 $1,926,748.30
1.411 APPLE INC AAPL 24604 $3,208,730.66
1.312 ANTHEM INC ANTM 20336 $2,983,697.92
1.25 AMERIPRISE FINANCIAL INC AMP 21007 $2,843,087.38
0.906 AMEREN CORPORATION AEE 48440 $2,060,153.20
1.25 ALLSTATE CORP ALL 39863 $2,842,630.53
0.759 ALLIANCE DATA SYSTEMS COR ADS 6178 $1,726,133.20
0.886 ATT INC T 58409 $2,015,110.50
0 US DOLLARS 0 $0.00

Data as of 2/26/2015

Holdings are subject to change.