Full Holdings

%
NET ASSETS
NAME IDENTIFIER SHARES HELD MARKET VALUE ($)
1.138 FLEXTRONICS INTERNATIONAL FLEX 220432 $2,431,364.96
0.859 RENAISSANCERE HOLDINGS RNR 18090 $1,834,868.70
1.148 EVEREST RE HLDG RE 14128 $2,452,338.24
1.035 ORANGE S.A. ORAN 135899 $2,211,076.73
0.919 NIPPON TELEGRAPH TELE NTT 71930 $1,963,689.00
0.751 MAGNA INTERNATIONAL-CL A MGA 15219 $1,603,321.65
0.689 BP AMOCO PLC ADR BP 35211 $1,470,763.47
1.004 TE CONNECTIVITY LTD TEL 34787 $2,143,574.94
1.213 SEAGATE TECHNOLOGY STX 39530 $2,590,796.20
0.891 PLATINUM UNDERWRITERS HOL PTP 31085 $1,904,267.10
0.964 PARTNERRE LTD PRE 17822 $2,059,332.10
1.078 MONTPELIER RE HOLDINGS MRH 69940 $2,301,725.40
0.782 INGERSOLL-RAND PLC IR 26492 $1,669,525.84
1.11 AXIS AXS 47602 $2,372,007.66
0.876 ASPEN INSURANCE HOLDINGS AHL 43148 $1,871,760.24
1.198 XEROX CORP XRX 188935 $2,558,179.90
1.036 WESTERN REFINING INC WNR 52516 $2,213,549.40
1.313 WESTERN DIGITAL WDC 27561 $2,804,882.97
1.151 WELLPOINT INC WLP 19466 $2,457,582.50
0.921 WAL-MART STORES WMT 23261 $1,967,415.38
0.521 VISTEON CORPORATION VC 11401 $1,112,623.59
0.945 UNUMPROVIDENT CORP UNM 59898 $2,017,963.62
1.206 TRAVELERS COS INC TRV 24903 $2,576,464.38
0.579 TIME WARNER, INC. TWX 15346 $1,236,734.14
0.836 3M COMPANY MMM 11207 $1,785,947.52
1.104 TEXAS INSTRUMENTS INC TXN 45158 $2,358,602.34
1.033 TELUS CORP TU 58432 $2,206,976.64
1.09 STATE STREET CORP STT 30549 $2,327,833.80
0.928 SPOK HOLDINGS INC SPOK 122744 $1,982,315.60
1.548 SOUTHWEST AIRLINES CO LUV 85080 $3,307,059.60
0.704 SMITH WESSON HLDG CORP SWHC 148534 $1,503,164.08
0.905 SIX FLAGS ENTERTAINMENT SIX 49428 $1,932,634.80
1.194 SANDISK CORP SNDK 25628 $2,549,986.00
0.926 SPX CORP SPW 21328 $1,977,532.16
1.068 ROCKWOOD HOLDINGS INC ROC 28945 $2,282,023.80
1.072 REYNOLDS AMERICAN INC RAI 35108 $2,289,041.60
1.25 RAYTHEON RTN 25620 $2,670,885.00
0.496 PHILLIPS 66 PSX 13602 $1,058,643.66
0.893 PFIZER PFE 62646 $1,906,944.24
1.094 PPG INDUSTRIES INC PPG 10988 $2,336,708.08
1.042 OMNICARE INC OCR 31660 $2,226,014.60
1.267 O'REILLY AUTOMOTIVE INC ORLY 15142 $2,706,026.82
1.059 NVIDIA CORP. NVDA 111260 $2,263,028.40
1.301 NORTHROP GRUMMAN NOC 20074 $2,779,245.30
0.874 NORTHERN TIER ENERGY LP NTI 74148 $1,867,788.12
0.572 NEWELL RUBBERMAID NWL 34283 $1,222,874.61
1.147 MEDIFAST INC MED 79467 $2,450,762.28
0.913 MARATHON PETROLEUM CORP MPC 20502 $1,950,970.32
1.136 MACY'S INC M 38606 $2,426,387.10
1.214 LOWE'S COS INC LOW 41540 $2,593,342.20
1.105 LILLY (ELI) CO LLY 35337 $2,360,511.60
1.102 LEXMARK INTL GRP INC -CL LXK 55476 $2,354,401.44
1.363 LEGG MASON INC LM 52512 $2,910,740.16
1.134 L-3 COMMUNICATIONS CORP LLL 19966 $2,423,273.42
0.883 LPL FINANCIAL HOLDINGS LPLA 44716 $1,885,673.72
1.008 KOHLS CORP KSS 36894 $2,152,395.96
0.926 KIMBERLY-CLARK KMB 17547 $1,978,073.31
0.889 JUNIPER NETWORKS JNPR 88745 $1,898,255.55
0.485 JOY GLOBAL INC JOY 19763 $1,036,174.09
0.963 HUNTINGTON BANCSHARES HBAN 202562 $2,056,004.30
0.519 HUGOTON ROYALTY TRUST HGT 108806 $1,107,645.08
1.111 HOME DEPOT INC HD 24333 $2,374,170.81
0.762 HOLLYFRONTIER CORP HFC 37205 $1,628,462.85
0.684 HESS CORP HES 17473 $1,460,568.07
0.041 HALYARD HEALTH INC HYH 2193 $87,084.03
0.908 GLADSTONE CAPITAL CORP GLAD 211402 $1,938,556.34
0.914 GENERAL MILLS INC GIS 37811 $1,952,560.04
0.625 GENERAL DYNAMICS GD 9281 $1,334,143.75
0.879 GAP INC GPS 46793 $1,878,271.02
1.145 GANNETT CO GCI 77433 $2,445,334.14
1.428 FRONTIER COMMUNICATIONS FTR 435916 $3,051,412.00
0.915 FLOWSERVE CORP FLS 29576 $1,954,677.84
0.903 FIFTH THIRD BANCORP FITB 95676 $1,929,306.54
1.026 DU PONT (E I) DE NEMOURS DD 30686 $2,191,900.98
1.139 DR PEPPER SNAPPLE GROUP DPS 33902 $2,432,807.52
0.794 DILLARDS INC A DDS 14010 $1,695,770.40
1.038 CYTEC IND INC CYT 45475 $2,216,906.25
0.934 CORNING INCORPORATED GLW 96810 $1,995,254.10
0.91 CORELOGIC INC CLGX 59496 $1,943,734.32
1.379 CONVERSANT INC CNVR 84045 $2,946,617.70
0.985 COMPUTER SCIENCES CORP CSC 33536 $2,103,042.56
0.996 COMERICA INC CMA 44220 $2,127,424.20
0.919 COCA COLA ENTERPRISES CCE 44622 $1,962,029.34
1.123 CLEARWATER PAPER CORP CLW 34805 $2,399,804.75
0.736 CHESAPEAKE GRANITE WASH CHKR US 166277 $1,571,317.65
1.303 CHEMED CORP CHE 25678 $2,782,981.64
1.25 CENTURYLINK INC CTL 65949 $2,670,934.50
0.624 CATO CORP, CLASS A CATO 34272 $1,332,838.08
0.919 CAMERON INTL CORP CAM 33237 $1,963,641.96
0.85 CA INC CA 60300 $1,815,030.00
1.198 CVS CORP CVS 28676 $2,559,333.00
0.853 CVR REFINING LP CVRR 77235 $1,821,201.30
0.584 CIGNA CORP CI 12215 $1,248,495.15
0.882 CBS CORPORATION CBS 35108 $1,884,246.36
0.592 BERKLEY (WR) CORP WRB 24456 $1,264,864.32
0.884 BABCOCK WILCOX COMPANY BWC 62697 $1,889,060.61
0.312 ATLANTIC POWER CORP AT 304543 $666,949.17
0.961 ASSURANT INC AIZ 30205 $2,053,033.85
1.282 APPLE INC AAPL 23548 $2,738,867.88
1.228 AMERIPRISE FINANCIAL INC AMPWI 20107 $2,623,159.22
0.926 AMEREN CORPORATION AEE 46364 $1,977,888.24
1.202 ALLSTATE CORP ALL 38153 $2,567,315.37
0.923 ATT INC T 55907 $1,972,398.96

Data as of 11/20/2014

Holdings are subject to change.