Full Holdings

%
NET ASSETS
NAME IDENTIFIER SHARES HELD MARKET VALUE ($)
1.145 FLEXTRONICS INTERNATIONAL FLEX 220432 $2,468,838.40
0.829 RENAISSANCERE HOLDINGS RNR 18090 $1,786,568.40
1.149 EVEREST RE HLDG RE 14128 $2,477,768.64
1.081 ORANGE S.A. ORAN 135899 $2,330,667.85
0.913 NIPPON TELEGRAPH TELE NTT 71930 $1,968,724.10
0.739 MAGNA INTERNATIONAL-CL A MGA 15219 $1,592,516.16
0.687 BP AMOCO PLC ADR BP 35211 $1,480,270.44
1.027 TE CONNECTIVITY LTD TEL 34787 $2,215,236.16
1.211 SEAGATE TECHNOLOGY STX 39530 $2,610,165.90
1.07 PLATINUM UNDERWRITERS HOL PTP 31085 $2,306,196.15
0.962 PARTNERRE LTD PRE 17822 $2,073,233.26
1.097 MONTPELIER RE HOLDINGS MRH 69940 $2,365,370.80
0.783 INGERSOLL-RAND PLC IR 26492 $1,689,394.84
1.106 AXIS AXS 47602 $2,383,908.16
0.883 ASPEN INSURANCE HOLDINGS AHL 43148 $1,903,689.76
1.199 XEROX CORP XRX 188935 $2,584,630.80
1.074 WESTERN REFINING INC WNR 52516 $2,315,955.60
1.313 WESTERN DIGITAL WDC 27561 $2,832,168.36
1.139 WELLPOINT INC WLP 19466 $2,455,441.24
0.921 WAL-MART STORES WMT 23261 $1,986,489.40
0.526 VISTEON CORPORATION VC 11401 $1,134,057.47
0.945 UNUMPROVIDENT CORP UNM 59898 $2,037,130.98
1.199 TRAVELERS COS INC TRV 24903 $2,584,682.37
0.58 TIME WARNER, INC. TWX 15346 $1,249,624.78
0.831 3M COMPANY MMM 11207 $1,791,775.16
1.107 TEXAS INSTRUMENTS INC TXN 45158 $2,386,600.30
1.021 TELUS CORP TU 58432 $2,202,302.08
1.094 STATE STREET CORP STT 30549 $2,358,688.29
0.925 SPOK HOLDINGS INC SPOK 122744 $1,994,590.00
1.52 SOUTHWEST AIRLINES CO LUV 85080 $3,276,430.80
0.65 SMITH WESSON HLDG CORP SWHC 148534 $1,402,160.96
0.91 SIX FLAGS ENTERTAINMENT SIX 49428 $1,962,785.88
1.223 SANDISK CORP SNDK 25628 $2,637,377.48
0.923 SPX CORP SPW 21328 $1,990,968.80
1.063 ROCKWOOD HOLDINGS INC ROC 28945 $2,291,286.20
1.056 REYNOLDS AMERICAN INC RAI 35108 $2,276,753.80
1.266 RAYTHEON RTN 25620 $2,730,835.80
0.501 PHILLIPS 66 PSX 13602 $1,080,270.84
0.878 PFIZER PFE 62646 $1,893,162.12
1.099 PPG INDUSTRIES INC PPG 10988 $2,368,683.16
1.017 OMNICARE INC OCR 31660 $2,193,404.80
1.267 O'REILLY AUTOMOTIVE INC ORLY 15142 $2,732,525.32
1.062 NVIDIA CORP. NVDA 111260 $2,289,730.80
1.31 NORTHROP GRUMMAN NOC 20074 $2,824,813.28
0.875 NORTHERN TIER ENERGY LP NTI 74148 $1,887,066.60
0.574 NEWELL RUBBERMAID NWL 34283 $1,238,301.96
1.1 MEDIFAST INC MED 79467 $2,371,295.28
0.914 MARATHON PETROLEUM CORP MPC 20502 $1,970,652.24
1.152 MACY'S INC M 38606 $2,484,682.16
1.226 LOWE'S COS INC LOW 41540 $2,643,605.60
1.097 LILLY (ELI) CO LLY 35337 $2,365,105.41
1.096 LEXMARK INTL GRP INC -CL LXK 55476 $2,362,168.08
1.378 LEGG MASON INC LM 52512 $2,971,654.08
1.143 L-3 COMMUNICATIONS CORP LLL 19966 $2,465,401.68
0.883 LPL FINANCIAL HOLDINGS LPLA 44716 $1,904,901.60
1.008 KOHLS CORP KSS 36894 $2,173,794.48
0.92 KIMBERLY-CLARK KMB 17547 $1,983,161.94
0.908 JUNIPER NETWORKS JNPR 88745 $1,956,827.25
0.486 JOY GLOBAL INC JOY 19763 $1,048,031.89
0.956 HUNTINGTON BANCSHARES HBAN 202562 $2,062,081.16
0.493 HUGOTON ROYALTY TRUST HGT 108806 $1,061,946.56
1.11 HOME DEPOT INC HD 24333 $2,394,367.20
0.766 HOLLYFRONTIER CORP HFC 37205 $1,652,646.10
0.686 HESS CORP HES 17473 $1,479,438.91
0.04 HALYARD HEALTH INC HYH 2193 $85,219.98
0.902 GLADSTONE CAPITAL CORP GLAD 211402 $1,944,898.40
0.903 GENERAL MILLS INC GIS 37811 $1,947,266.50
0.624 GENERAL DYNAMICS GD 9281 $1,344,631.28
0.873 GAP INC GPS 46793 $1,881,546.53
1.159 GANNETT CO GCI 77433 $2,499,537.24
1.409 FRONTIER COMMUNICATIONS FTR 435916 $3,038,334.52
0.932 FLOWSERVE CORP FLS 29576 $2,010,280.72
0.903 FIFTH THIRD BANCORP FITB 95676 $1,947,006.60
1.027 DU PONT (E I) DE NEMOURS DD 30686 $2,213,994.90
1.143 DR PEPPER SNAPPLE GROUP DPS 33902 $2,464,336.38
0.782 DILLARDS INC A DDS 14010 $1,687,224.30
1.041 CYTEC IND INC CYT 45475 $2,245,555.50
0.942 CORNING INCORPORATED GLW 96810 $2,031,073.80
0.924 CORELOGIC INC CLGX 59496 $1,992,521.04
1.37 CONVERSANT INC CNVR 84045 $2,953,341.30
0.987 COMPUTER SCIENCES CORP CSC 33536 $2,127,859.20
0.998 COMERICA INC CMA 44220 $2,151,745.20
0.907 COCA COLA ENTERPRISES CCE 44622 $1,956,674.70
1.082 CLEARWATER PAPER CORP CLW 34805 $2,332,283.05
0.703 CHESAPEAKE GRANITE WASH CHKR US 166277 $1,516,446.24
1.291 CHEMED CORP CHE 25678 $2,784,265.54
1.232 CENTURYLINK INC CTL 65949 $2,656,425.72
0.623 CATO CORP, CLASS A CATO 34272 $1,343,119.68
0.913 CAMERON INTL CORP CAM 33237 $1,967,630.40
0.867 CA INC CA 60300 $1,868,697.00
1.208 CVS CORP CVS 28676 $2,605,788.12
0.842 CVR REFINING LP CVRR 77235 $1,815,022.50
0.58 CIGNA CORP CI 12215 $1,250,816.00
0.872 CBS CORPORATION CBS 35108 $1,879,331.24
0.591 BERKLEY (WR) CORP WRB 24456 $1,275,380.40
0.888 BABCOCK WILCOX COMPANY BWC 62697 $1,915,393.35
0.306 ATLANTIC POWER CORP AT 304543 $660,858.31
0.957 ASSURANT INC AIZ 30205 $2,064,511.75
1.295 APPLE INC AAPL 23548 $2,793,381.50
1.232 AMERIPRISE FINANCIAL INC AMPWI 20107 $2,657,542.19
0.913 AMEREN CORPORATION AEE 46364 $1,969,542.72
1.202 ALLSTATE CORP ALL 38153 $2,591,351.76
0.9 ATT INC T 55907 $1,939,972.90

Data as of 11/24/2014

Holdings are subject to change.