Polaris Capital Management, LLC Activity Q4 2004-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
	Sell	LINDE PLC	$193,097,731	-12.5%	518,592	-10.5%	10.40%	+25.5%
JAZZ	Sell	JAZZ PHARMACEUTICALS PLC	$160,552,198	-0.1%	1,240,360	-4.3%	8.65%	+43.3%
BPOP	Sell	POPULAR INC	$142,672,157	-8.0%	2,264,278	-11.6%	7.69%	+32.1%
ALSN	Sell	ALLISON TRANSMISSION HOLDING	$55,392,374	-27.6%	937,900	-30.8%	2.98%	+3.9%
AMCR	Sell	AMCOR PLC	$54,717,178	-62.6%	5,973,491	-59.2%	2.95%	-46.3%
ABBV	Sell	ABBVIE INC	$45,311,110	-19.7%	303,979	-27.5%	2.44%	+15.2%
MPC	Sell	MARATHON PETROLEUM CORP	$45,083,278	+8.2%	297,894	-16.7%	2.43%	+55.2%
JPM	Sell	JPMORGAN CHASE & CO	$44,717,062	-32.0%	308,351	-31.8%	2.41%	-2.4%
WMB	Sell	WILLIAMS COS INC	$42,921,060	-26.7%	1,274,000	-29.0%	2.31%	+5.3%
NOMD	Sell	NOMAD FOODS LTD	$41,539,946	-16.6%	2,729,300	-4.0%	2.24%	+19.6%
NOV	Sell	NOV INC	$41,320,408	-3.2%	1,977,053	-25.7%	2.23%	+38.9%
MKSI	Sell	MKS INSTRUMENTS INC	$39,920,902	-42.8%	461,300	-28.6%	2.15%	-17.9%
CB	Sell	CHUBB LTD	$39,755,926	-24.3%	190,969	-30.0%	2.14%	+8.6%
BERY	Sell	BERRY GLOBAL GROUP INC	$39,647,164	-28.8%	640,400	-26.0%	2.14%	+2.2%
MSFT	Sell	MICROSOFT CORP.	$39,161,210	-36.2%	124,026	-31.1%	2.11%	-8.4%
UNH	Sell	UNITEDHEALTH GROUP INC	$38,546,334	-25.2%	76,452	-28.7%	2.08%	+7.3%
SAIC	Sell	SCIENCE APPLICATIONS INTE	$37,783,320	-28.4%	358,000	-23.7%	2.04%	+2.8%
ANTM	Sell	ELEVANCE HEALTH INC	$37,737,416	-31.2%	86,669	-29.8%	2.03%	-1.3%
GD	Sell	GENERAL DYNAMICS CORP.	$36,938,229	-22.1%	167,164	-24.1%	1.99%	+11.9%
AVT	Sell	AVNET INC	$36,822,846	-33.4%	764,118	-30.2%	1.98%	-4.3%
IBOC	Sell	INTERNATIONAL BANCSHARES CORP	$35,630,161	-30.2%	822,108	-28.8%	1.92%	+0.2%
CROX	Sell	CROCS INC	$35,307,617	-42.8%	400,177	-27.2%	1.90%	-17.9%
INGR	Sell	INGREDION INC	$34,912,320	-32.8%	354,800	-27.6%	1.88%	-3.5%
IPG	Sell	INTERPUBLIC GROUP OF COS INC	$34,145,524	-42.4%	1,191,400	-22.5%	1.84%	-17.3%
TSN	Sell	TYSON FOODS INC-CL A	$33,957,706	-27.5%	672,563	-26.8%	1.83%	+4.0%
GILD	Sell	GILEAD SCIENCES INC	$33,483,192	-32.3%	446,800	-30.4%	1.80%	-2.8%
ARW	Sell	ARROW ELECTRONICS INC	$33,001,116	-53.3%	263,503	-46.6%	1.78%	-32.9%
WBS	Sell	WEBSTER FINANCIAL CORP - CT	$32,759,735	-25.9%	812,695	-30.6%	1.76%	+6.3%
CVS	Sell	CVS HEALTH CORP	$32,333,642	-26.2%	463,100	-26.9%	1.74%	+5.9%
TGLS	Sell	TECNOGLASS INC	$32,253,469	-46.5%	978,564	-16.1%	1.74%	-23.2%
COF	Sell	CAPITAL ONE FINANCIAL CORP	$30,649,166	-38.2%	315,808	-30.3%	1.65%	-11.3%
UTHR	Sell	UNITED THERAPEUTICS CORP	$30,390,809	-28.7%	134,550	-30.3%	1.64%	+2.3%
NTRS	Sell	NORTHERN TRUST CORP	$25,929,936	-34.7%	373,200	-30.3%	1.40%	-6.2%
SLM	Sell	SLM CORP	$24,829,260	-41.1%	1,823,000	-29.4%	1.34%	-15.5%
MTB	Sell	M & T BANK CORP	$22,317,666	-28.8%	176,494	-30.3%	1.20%	+2.2%
NEE	Sell	NEXTERA ENERGY INC	$21,424,398	-47.0%	373,964	-31.4%	1.15%	-24.0%
CG	Sell	CARLYLE GROUP INC/THE	$20,309,744	-36.0%	673,400	-32.2%	1.09%	-8.2%
CFR	Sell	CULLEN/FROST BANKERS INC	$17,430,231	-38.6%	191,100	-27.6%	0.94%	-11.9%
SBH	Sell	SALLY BEAUTY HOLDINGS INC	$14,521,350	-53.7%	1,732,858	-31.7%	0.78%	-33.6%
DCOM	Sell	DIME COMMUNITY BANCSHARES INC	$8,925,713	-13.8%	447,180	-23.9%	0.48%	+23.7%
CATC	Sell	CAMBRIDGE BANCORP	$8,194,686	-8.7%	131,557	-20.4%	0.44%	+31.2%
PFC	Sell	PREMIER FINANCIAL CORP	$6,027,008	-19.8%	353,283	-24.7%	0.32%	+15.2%
CBAN	Sell	COLONY BANKCORP INC.	$4,343,107	-0.6%	434,528	-6.4%	0.23%	+42.7%
HTGC	Buy	HERCULES CAPITAL INC.	$2,000,941	+14.2%	121,860	+2.9%	0.11%	+63.6%
EXP	Sell	EAGLE MATERIALS INC	$1,948,284	-24.3%	11,700	-15.2%	0.10%	+8.2%
PRDO	Sell	PERDOCEO EDUCATION CORP	$1,684,350	+15.6%	98,500	-17.1%	0.09%	+65.5%
CW	Sell	CURTISS-WRIGHT CORP	$1,525,914	-20.1%	7,800	-25.0%	0.08%	+13.9%
NBN	New	NORTHEAST BANK	$1,199,520	–	27,200	–	0.06%	–
CPSI	Buy	COMPUTER PROGRAMS & SYSTEMS	$1,177,169	-25.7%	73,850	+15.1%	0.06%	+6.8%
CVI	Sell	CVR ENERGY INC	$1,170,632	-18.6%	34,400	-28.3%	0.06%	+16.7%
SBSI	Buy	SOUTHSIDE BANCSHARES INC	$1,053,290	+33.8%	36,700	+21.9%	0.06%	+90.0%
AYI	New	ACUITY BRANDS INC	$851,550	–	5,000	–	0.05%	–
BKE	New	BUCKLE INC/THE	$744,597	–	22,300	–	0.04%	–
EEFT	Buy	EURONET WORLDWIDE INC	$365,148	-24.1%	4,600	+12.2%	0.02%	+11.1%
BRKL	Exit	BROOKLINE BANCORP INC	$0	–	-1,111,486	–	-0.36%	–
CRI	Exit	CARTER'S INC	$0	–	-543,213	–	-1.48%	–
HZNP	Exit	HORIZON THERAPEUTICS PLC	$0	–	-624,500	–	-2.41%	–

Q2 2023

			Value		Shares		↓ Weighting
	New	LINDE PLC	$220,793,179	–	579,388	–	8.29%	–
JAZZ	New	JAZZ PHARMACEUTICALS PLC	$160,746,940	–	1,296,660	–	6.04%	–
BPOP	New	POPULAR INC	$155,008,545	–	2,561,278	–	5.82%	–
AMCR	New	AMCOR PLC	$146,235,663	–	14,652,872	–	5.49%	–
ALSN	New	ALLISON TRANSMISSION HOLDING	$76,514,592	–	1,355,200	–	2.87%	–
ARW	New	ARROW ELECTRONICS INC	$70,612,820	–	493,003	–	2.65%	–
MKSI	New	MKS INSTRUMENTS INC	$69,800,170	–	645,700	–	2.62%	–
JPM	New	JPMORGAN CHASE & CO	$65,775,385	–	452,251	–	2.47%	–
HZNP	New	HORIZON THERAPEUTICS PLC	$64,229,825	–	624,500	–	2.41%	–
CROX	New	CROCS INC	$61,775,211	–	549,406	–	2.32%	–
MSFT	New	MICROSOFT CORP.	$61,340,108	–	180,126	–	2.30%	–
TGLS	New	TECNOGLASS INC	$60,254,364	–	1,166,364	–	2.26%	–
IPG	New	INTERPUBLIC GROUP OF COS INC	$59,274,312	–	1,536,400	–	2.23%	–
WMB	New	WILLIAMS COS INC	$58,521,905	–	1,793,500	–	2.20%	–
ABBV	New	ABBVIE INC	$56,454,026	–	419,016	–	2.12%	–
BERY	New	BERRY GLOBAL GROUP INC	$55,692,704	–	865,600	–	2.09%	–
AVT	New	AVNET INC	$55,248,703	–	1,095,118	–	2.07%	–
ANTM	New	ELEVANCE HEALTH INC	$54,856,042	–	123,469	–	2.06%	–
SAIC	New	SCIENCE APPLICATIONS INTE	$52,753,120	–	469,000	–	1.98%	–
CB	New	CHUBB LTD	$52,543,655	–	272,869	–	1.97%	–
INGR	New	INGREDION INC	$51,936,690	–	490,200	–	1.95%	–
UNH	New	UNITEDHEALTH GROUP INC	$51,549,601	–	107,252	–	1.94%	–
IBOC	New	INTERNATIONAL BANCSHARES CORP	$51,024,834	–	1,154,408	–	1.92%	–
NOMD	New	NOMAD FOODS LTD	$49,825,128	–	2,843,900	–	1.87%	–
COF	New	CAPITAL ONE FINANCIAL CORP	$49,589,233	–	453,408	–	1.86%	–
GILD	New	GILEAD SCIENCES INC	$49,440,405	–	641,500	–	1.86%	–
GD	New	GENERAL DYNAMICS CORP	$47,389,800	–	220,264	–	1.78%	–
TSN	New	TYSON FOODS INC-CL A	$46,868,144	–	918,263	–	1.76%	–
WBS	New	WEBSTER FINANCIAL CORP - CT	$44,223,936	–	1,171,495	–	1.66%	–
CVS	New	CVS HEALTH CORP	$43,814,594	–	633,800	–	1.64%	–
NOV	New	NOV INC	$42,683,114	–	2,661,042	–	1.60%	–
UTHR	New	UNITED THERAPEUTICS CORP	$42,637,863	–	193,150	–	1.60%	–
SLM	New	SLM CORP	$42,156,192	–	2,583,100	–	1.58%	–
MPC	New	MARATHON PETROLEUM CORP	$41,683,800	–	357,494	–	1.56%	–
NEE	New	NEXTERA ENERGY INC	$40,451,169	–	545,164	–	1.52%	–
NTRS	New	NORTHERN TRUST CORP	$39,694,556	–	535,400	–	1.49%	–
CRI	New	CARTER'S INC	$39,437,264	–	543,213	–	1.48%	–
CG	New	CARLYLE GROUP INC/THE	$31,755,105	–	993,900	–	1.19%	–
SBH	New	SALLY BEAUTY HOLDINGS INC	$31,343,374	–	2,537,925	–	1.18%	–
MTB	New	M & T BANK CORP	$31,360,536	–	253,398	–	1.18%	–
CFR	New	CULLEN/FROST BANKERS INC	$28,398,673	–	264,100	–	1.07%	–
DCOM	New	DIME COMMUNITY BANCSHARES INC	$10,353,112	–	587,244	–	0.39%	–
BRKL	New	BROOKLINE BANCORP INC	$9,714,388	–	1,111,486	–	0.36%	–
CATC	New	CAMBRIDGE BANCORP	$8,975,108	–	165,257	–	0.34%	–
PFC	New	PREMIER FINANCIAL CORP	$7,514,710	–	469,083	–	0.28%	–
OFG	New	OFG BANCORP	$4,796,112	–	183,900	–	0.18%	–
CBAN	New	COLONY BANKCORP INC	$4,371,351	–	464,050	–	0.16%	–
SPFI	New	SOUTH PLAINS FINANCIAL INC	$4,027,039	–	178,900	–	0.15%	–
EXP	New	EAGLE MATERIALS INC	$2,572,596	–	13,800	–	0.10%	–
EBC	New	EASTERN BANKSHARES INC	$2,454,000	–	200,000	–	0.09%	–
BBSI	New	BARRETT BUSINESS SVCS INC	$2,293,360	–	26,300	–	0.09%	–
GPK	New	GRAPHIC PACKAGING HOLDING CO	$2,201,148	–	91,600	–	0.08%	–
CW	New	CURTISS-WRIGHT CORP	$1,910,064	–	10,400	–	0.07%	–
WNC	New	WABASH NATIONAL CORP	$1,915,308	–	74,700	–	0.07%	–
KFRC	New	KFORCE INC	$1,848,094	–	29,494	–	0.07%	–
EVTC	New	EVERTEC INC	$1,834,134	–	49,800	–	0.07%	–
AL	New	AIR LEASE CORP	$1,812,105	–	43,300	–	0.07%	–
HTGC	New	HERCULES CAPITAL INC	$1,752,290	–	118,398	–	0.07%	–
AIT	New	APPLIED INDUSTRIAL TECH INC	$1,708,994	–	11,800	–	0.06%	–
CBT	New	CABOT CORP	$1,710,578	–	25,573	–	0.06%	–
VEC	New	V2X INC	$1,640,436	–	33,100	–	0.06%	–
EBF	New	ENNIS INC	$1,593,716	–	78,200	–	0.06%	–
SMP	New	STANDARD MOTOR PRODS	$1,598,352	–	42,600	–	0.06%	–
CPSI	New	COMPUTER PROGRAMS & SYSTEMS	$1,583,864	–	64,150	–	0.06%	–
EXEL	New	EXELIXIS INC	$1,526,889	–	79,900	–	0.06%	–
PRDO	New	PERDOCEO EDUCATION CORP	$1,457,676	–	118,800	–	0.06%	–
CVI	New	CVR ENERGY INC	$1,438,080	–	48,000	–	0.05%	–
MMS	New	MAXIMUS INC	$1,402,866	–	16,600	–	0.05%	–
FANG	New	DIAMONDBACK ENERGY INC	$1,401,611	–	10,670	–	0.05%	–
KE	New	KIMBALL ELECTRONICS INC	$1,388,269	–	50,245	–	0.05%	–
PEBO	New	PEOPLES BANCORP INC	$1,335,465	–	50,300	–	0.05%	–
DRQ	New	DRIL-QUIP INC	$1,293,812	–	55,600	–	0.05%	–
SUPN	New	SUPERNUS PHARMACEUTICALS INC	$1,277,550	–	42,500	–	0.05%	–
CSGS	New	CSG SYSTEMS INTL INC	$1,265,760	–	24,000	–	0.05%	–
HRMY	New	HARMONY BIOSCIENCES HOLDINGS	$1,270,359	–	36,100	–	0.05%	–
KNX	New	KNIGHT-SWIFT TRANSPORTATION	$1,194,207	–	21,494	–	0.04%	–
BOKF	New	BOK FINANCIAL CORPORATION	$1,136,090	–	14,064	–	0.04%	–
BHB	New	BAR HARBOR BANKSHARES	$1,069,376	–	43,400	–	0.04%	–
RBC	New	REGAL REXNORD CORP	$1,044,827	–	6,789	–	0.04%	–
PCRX	New	PACIRA BIOSCIENCES INC	$1,013,771	–	25,300	–	0.04%	–
JBI	New	JANUS INTERNATIONAL GROUP IN	$975,390	–	91,500	–	0.04%	–
SSB	New	SOUTH STATE CORP	$971,274	–	14,761	–	0.04%	–
CSL	New	CARLISLE COS INC	$897,855	–	3,500	–	0.03%	–
WGO	New	WINNEBAGO INDUSTRIES	$838,093	–	12,567	–	0.03%	–
SBSI	New	SOUTHSIDE BANCSHARES INC	$787,416	–	30,100	–	0.03%	–
FNB	New	FNB CORP	$709,051	–	61,980	–	0.03%	–
EEFT	New	EURONET WORLDWIDE INC	$481,217	–	4,100	–	0.02%	–
CHCO	New	CITY HOLDING CO	$377,508	–	4,195	–	0.01%	–
INDB	New	INDEPENDENT BANK CORP/MA	$340,012	–	7,639	–	0.01%	–
BAP	New	CREDICORP LTD	$265,752	–	1,800	–	0.01%	–
	New	FIRST SEACOAST BANCORP INC	$220,847	–	27,537	–	0.01%	–
	New	CFSB BANCORP INC	$79,900	–	10,000	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
NVS	Exit	NOVARTIS AG-ADR	$0	–	-100	–	0.00%	–
FNHC	Exit	FEDNAT HOLDING CO	$0	–	-434,275	–	-0.00%	–
	Exit	CFSB BANCORP INC	$0	–	-10,000	–	-0.00%	–
	Exit	SAMSUNG ELECTRONICS COMMON-GDRadr	$0	–	-123	–	-0.00%	–
UIHC	Exit	UNITED INSURANCE HOLDINGS CO	$0	–	-181,251	–	-0.01%	–
FSEA	Exit	FIRST SEACOAST BANCORP	$0	–	-15,000	–	-0.01%	–
BAP	Exit	CREDICORP LTD	$0	–	-1,800	–	-0.01%	–
EEFT	Exit	EURONET WORLDWIDE INC	$0	–	-4,100	–	-0.01%	–
CHCO	Exit	CITY HOLDING CO	$0	–	-4,195	–	-0.02%	–
INDB	Exit	INDEPENDENT BANK CORP/MA	$0	–	-7,639	–	-0.02%	–
CPF	Exit	CENTRAL PACIFIC FINANCIAL CO	$0	–	-28,983	–	-0.02%	–
CENTA	Exit	CENTRAL GARDEN AND PET CO-A	$0	–	-18,400	–	-0.02%	–
OSK	Exit	OSHKOSH CORP	$0	–	-9,100	–	-0.02%	–
PCRX	Exit	PACIRA BIOSCIENCES INC	$0	–	-11,900	–	-0.02%	–
JOUT	Exit	JOHNSON OUTDOORS INC-A	$0	–	-12,600	–	-0.02%	–
KE	Exit	KIMBALL ELECTRONICS INC	$0	–	-38,145	–	-0.03%	–
EXEL	Exit	EXELIXIS INC	$0	–	-43,000	–	-0.03%	–
BGSF	Exit	BGSF INC	$0	–	-60,816	–	-0.03%	–
FNB	Exit	FNB CORP	$0	–	-61,980	–	-0.03%	–
RBC	Exit	REGAL REXNORD CORP	$0	–	-5,289	–	-0.03%	–
CPSI	Exit	COMPUTER PROGRAMS & SYSTEMS	$0	–	-28,350	–	-0.03%	–
MKSI	Exit	MKS INSTRUMENTS INC	$0	–	-10,700	–	-0.04%	–
AIT	Exit	APPLIED INDUSTRIAL TECH INC	$0	–	-9,000	–	-0.04%	–
KNX	Exit	KNIGHT-SWIFT TRANSPORTATION	$0	–	-18,894	–	-0.04%	–
WGO	Exit	WINNEBAGO INDUSTRIES	$0	–	-18,567	–	-0.04%	–
SMP	Exit	STANDARD MOTOR PRODS	$0	–	-31,800	–	-0.04%	–
SUPN	Exit	SUPERNUS PHARMACEUTICALS INC	$0	–	-32,900	–	-0.04%	–
CVI	Exit	CVR ENERGY INC	$0	–	-38,600	–	-0.04%	–
BHB	Exit	BAR HARBOR BANKSHARES	$0	–	-43,400	–	-0.04%	–
DRQ	Exit	DRIL-QUIP INC	$0	–	-60,400	–	-0.05%	–
VEC	Exit	V2X INC	$0	–	-33,100	–	-0.05%	–
SSB	Exit	SOUTH STATE CORP	$0	–	-14,761	–	-0.05%	–
KFRC	Exit	KFORCE INC	$0	–	-20,094	–	-0.05%	–
EBF	Exit	ENNIS INC	$0	–	-59,100	–	-0.05%	–
PRDO	Exit	PERDOCEO EDUCATION CORP	$0	–	-118,800	–	-0.05%	–
MMS	Exit	MAXIMUS INC	$0	–	-21,000	–	-0.05%	–
HTGC	Exit	HERCULES CAPITAL INC.	$0	–	-105,798	–	-0.05%	–
FANG	Exit	DIAMONDBACK ENERGY INC	$0	–	-10,670	–	-0.05%	–
HRMY	Exit	HARMONY BIOSCIENCES HOLDINGS	$0	–	-28,500	–	-0.05%	–
CSGS	Exit	CSG SYSTEMS INTL INC	$0	–	-24,000	–	-0.05%	–
EVTC	Exit	EVERTEC INC	$0	–	-42,300	–	-0.05%	–
AL	Exit	AIR LEASE CORP	$0	–	-43,400	–	-0.05%	–
MEI	Exit	METHODE ELECTRONICS INC	$0	–	-36,200	–	-0.05%	–
EXP	Exit	EAGLE MATERIALS INC	$0	–	-12,800	–	-0.05%	–
PEBO	Exit	PEOPLES BANCORP INC	$0	–	-50,300	–	-0.06%	–
CBT	Exit	CABOT CORP	$0	–	-22,673	–	-0.06%	–
CW	Exit	CURTISS-WRIGHT CORP	$0	–	-10,400	–	-0.06%	–
WNC	Exit	WABASH NATIONAL CORP	$0	–	-100,300	–	-0.06%	–
BOKF	Exit	BOK FINANCIAL CORPORATION	$0	–	-19,864	–	-0.07%	–
GPK	Exit	GRAPHIC PACKAGING HOLDING CO	$0	–	-91,600	–	-0.07%	–
BBSI	Exit	BARRETT BUSINESS SVCS INC	$0	–	-27,700	–	-0.08%	–
EBC	Exit	EASTERN BANKSHARES INC	$0	–	-200,000	–	-0.15%	–
SPFI	Exit	SOUTH PLAINS FINANCIAL INC	$0	–	-163,000	–	-0.18%	–
OFG	Exit	OFG BANCORP	$0	–	-183,900	–	-0.18%	–
CBAN	Exit	COLONY BANKCORP INC.	$0	–	-464,050	–	-0.24%	–
PFC	Exit	PREMIER FINANCIAL CORP	$0	–	-471,483	–	-0.48%	–
BRKL	Exit	BROOKLINE BANCORP INC	$0	–	-1,140,186	–	-0.52%	–
CATC	Exit	CAMBRIDGE BANCORP	$0	–	-175,857	–	-0.55%	–
CIB	Exit	BANCOLOMBIA S.A.-SPONS ADRadr	$0	–	-582,619	–	-0.56%	–
TGLS	Exit	TECNOGLASS INC	$0	–	-676,164	–	-0.56%	–
DCOM	Exit	DIME COMMUNITY BANCSHARES INC	$0	–	-585,051	–	-0.67%	–
INTC	Exit	INTEL CORP	$0	–	-712,619	–	-0.72%	–
	Exit	WARNER BROS DISCOVERY INC	$0	–	-2,158,650	–	-0.97%	–
CG	Exit	CARLYLE GROUP INC/THE	$0	–	-978,700	–	-0.99%	–
AVT	Exit	AVNET INC	$0	–	-768,618	–	-1.09%	–
FDX	Exit	FEDEX CORP	$0	–	-209,000	–	-1.22%	–
SBH	Exit	SALLY BEAUTY HOLDINGS INC	$0	–	-2,593,125	–	-1.28%	–
CRI	Exit	CARTER'S INC	$0	–	-547,713	–	-1.41%	–
SLM	Exit	SLM CORP	$0	–	-2,620,900	–	-1.44%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-476,164	–	-1.46%	–
INGR	Exit	INGREDION INC	$0	–	-493,000	–	-1.56%	–
MSFT	Exit	MICROSOFT CORP.	$0	–	-172,026	–	-1.57%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-651,800	–	-1.58%	–
BERY	Exit	BERRY GLOBAL GROUP INC	$0	–	-866,400	–	-1.58%	–
COF	Exit	CAPITAL ONE FINANCIAL CORP	$0	–	-451,308	–	-1.63%	–
NOV	Exit	NOV INC	$0	–	-2,617,842	–	-1.66%	–
SAIC	Exit	SCIENCE APPLICATIONS INTE	$0	–	-479,400	–	-1.66%	–
TSN	Exit	TYSON FOODS INC-CL A	$0	–	-644,563	–	-1.67%	–
MTB	Exit	M & T BANK CORP	$0	–	-256,098	–	-1.77%	–
ARW	Exit	ARROW ELECTRONICS INC	$0	–	-494,503	–	-1.79%	–
CNK	Exit	CINEMARK HOLDINGS INC	$0	–	-3,856,396	–	-1.83%	–
ALSN	Exit	ALLISON TRANSMISSION HOLDING	$0	–	-1,385,800	–	-1.84%	–
GD	Exit	GENERAL DYNAMICS CORP.	$0	–	-224,793	–	-1.87%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-466,451	–	-1.91%	–
IBOC	Exit	INTERNATIONAL BANCSHARES CORP	$0	–	-1,170,506	–	-1.95%	–
CROX	Exit	CROCS INC	$0	–	-732,506	–	-1.97%	–
WMB	Exit	WILLIAMS COS INC	$0	–	-1,796,800	–	-2.02%	–
CB	Exit	CHUBB LTD	$0	–	-284,649	–	-2.03%	–
WBS	Exit	WEBSTER FINANCIAL CORP - CT	$0	–	-1,190,561	–	-2.11%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-108,656	–	-2.15%	–
ABBV	Exit	ABBVIE INC	$0	–	-421,558	–	-2.22%	–
ANTM	Exit	ELEVANCE HEALTH INC	$0	–	-128,651	–	-2.29%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-652,000	–	-2.44%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-716,894	–	-2.79%	–
UTHR	Exit	UNITED THERAPEUTICS CORP	$0	–	-341,900	–	-2.81%	–
NOMD	Exit	NOMAD FOODS LTD	$0	–	-7,297,300	–	-4.06%	–
AMCR	Exit	AMCOR PLC	$0	–	-16,005,772	–	-6.74%	–
LIN	Exit	LINDE PLC (US SHARES)	$0	–	-665,793	–	-7.04%	–
JAZZ	Exit	JAZZ PHARMACEUTICALS PLC	$0	–	-1,470,460	–	-7.69%	–
BPOP	Exit	POPULAR INC	$0	–	-3,259,178	–	-9.21%	–

Q3 2022

			Value		Shares		↓ Weighting
BPOP	Sell	POPULAR INC	$234,856,000	-21.1%	3,259,178	-41.4%	9.21%	+76.3%
JAZZ	Sell	JAZZ PHARMACEUTICALS PLC	$195,998,000	-28.9%	1,470,460	-26.3%	7.69%	+58.7%
LIN	Sell	LINDE PLC (US SHARES)	$179,491,000	-27.6%	665,793	-38.6%	7.04%	+61.8%
AMCR	Sell	AMCOR PLC	$171,742,000	-55.3%	16,005,772	-50.5%	6.74%	-0.1%
NOMD	Sell	NOMAD FOODS LTD	$103,622,000	-29.9%	7,297,300	-0.8%	4.06%	+56.5%
UTHR	Sell	UNITED THERAPEUTICS CORP	$71,587,000	-14.7%	341,900	-6.6%	2.81%	+90.4%
MPC	Sell	MARATHON PETROLEUM CORP	$71,209,000	+17.3%	716,894	-6.3%	2.79%	+161.8%
CVS	Sell	CVS HEALTH CORP	$62,181,000	-0.9%	652,000	-2.8%	2.44%	+121.3%
ANTM	Sell	ELEVANCE HEALTH INC	$58,438,000	-49.7%	128,651	-94.3%	2.29%	+12.4%
ABBV	Sell	ABBVIE INC	$56,577,000	-59.7%	421,558	-52.7%	2.22%	-10.1%
UNH	Sell	UNITEDHEALTH GROUP INC	$54,876,000	-4.9%	108,656	-18.0%	2.15%	+112.3%
WBS	Sell	WEBSTER FINANCIAL CORP - CT	$53,813,000	-51.6%	1,190,561	-36.4%	2.11%	+8.2%
CB	Sell	CHUBB LTD	$51,772,000	-8.9%	284,649	-4.7%	2.03%	+103.5%
WMB	Sell	WILLIAMS COS INC	$51,442,000	-9.8%	1,796,800	-1.5%	2.02%	+101.4%
CROX	Sell	CROCS INC	$50,294,000	+29.1%	732,506	-9.8%	1.97%	+188.5%
IBOC	Sell	INTERNATIONAL BANCSHARES CORP	$49,747,000	-78.7%	1,170,506	-86.5%	1.95%	-52.4%
JPM	Sell	JPMORGAN CHASE & CO	$48,744,000	-47.6%	466,451	-63.6%	1.91%	+17.0%
GD	Sell	GENERAL DYNAMICS CORP.	$47,694,000	-6.2%	224,793	-7.9%	1.87%	+109.5%
ALSN	Sell	ALLISON TRANSMISSION HOLDING	$46,785,000	-57.6%	1,385,800	-51.2%	1.84%	-5.3%
CNK	Sell	CINEMARK HOLDINGS INC	$46,701,000	-61.6%	3,856,396	-9.3%	1.83%	-14.3%
ARW	Sell	ARROW ELECTRONICS INC	$45,588,000	-20.5%	494,503	-3.4%	1.79%	+77.6%
MTB	Sell	M & T BANK CORP	$45,155,000	+6.1%	256,098	-7.8%	1.77%	+136.8%
TSN	Sell	TYSON FOODS INC-CL A	$42,496,000	-72.0%	644,563	-83.3%	1.67%	-37.5%
SAIC	Sell	SCIENCE APPLICATIONS INTE	$42,393,000	-11.0%	479,400	-17.5%	1.66%	+98.7%
NOV	Sell	NOV INC	$42,357,000	-57.0%	2,617,842	-6.6%	1.66%	-4.0%
COF	Sell	CAPITAL ONE FINANCIAL CORP	$41,597,000	-14.8%	451,308	-5.0%	1.63%	+90.2%
BERY	Sell	BERRY GLOBAL GROUP INC	$40,314,000	-16.6%	866,400	-4.3%	1.58%	+86.2%
GILD	New	GILEAD SCIENCES INC	$40,210,000	–	651,800	–	1.58%	–
MSFT	Sell	MICROSOFT CORP.	$40,065,000	-54.1%	172,026	-59.6%	1.57%	+2.5%
INGR	Sell	INGREDION INC	$39,696,000	-13.2%	493,000	-7.5%	1.56%	+93.7%
NEE	Sell	NEXTERA ENERGY INC	$37,336,000	-4.7%	476,164	-6.0%	1.46%	+112.9%
SLM	Sell	SLM CORP	$36,666,000	-13.7%	2,620,900	-1.3%	1.44%	+92.8%
CRI	Sell	CARTER'S INC	$35,892,000	-60.6%	547,713	-39.2%	1.41%	-12.0%
SBH	Sell	SALLY BEAUTY HOLDINGS INC	$32,673,000	-6.0%	2,593,125	-9.7%	1.28%	+109.8%
FDX	Sell	FEDEX CORP	$31,030,000	-35.9%	209,000	-2.7%	1.22%	+43.2%
AVT	Sell	AVNET INC	$27,762,000	-70.2%	768,618	-39.9%	1.09%	-33.4%
CG	Sell	CARLYLE GROUP INC/THE	$25,290,000	-45.7%	978,700	-16.0%	0.99%	+21.3%
	Sell	WARNER BROS DISCOVERY INC	$24,824,000	-47.2%	2,158,650	-25.8%	0.97%	+17.9%
INTC	Sell	INTEL CORP	$18,364,000	-38.9%	712,619	-10.3%	0.72%	+36.4%
DCOM	Sell	DIME COMMUNITY BANCSHARES INC	$17,130,000	-80.1%	585,051	-53.7%	0.67%	-55.6%
TGLS	Sell	TECNOGLASS INC	$14,193,000	+11.6%	676,164	-0.7%	0.56%	+149.8%
CIB	Sell	BANCOLOMBIA S.A.-SPONS ADRadr	$14,198,000	-65.0%	582,619	-55.0%	0.56%	-21.9%
CATC	Sell	CAMBRIDGE BANCORP	$14,023,000	-58.5%	175,857	-87.3%	0.55%	-7.3%
BRKL	Sell	BROOKLINE BANCORP INC	$13,283,000	-20.1%	1,140,186	-8.7%	0.52%	+78.4%
PFC	Sell	PREMIER FINANCIAL CORP	$12,117,000	-28.9%	471,483	-28.8%	0.48%	+58.9%
CBAN	Sell	COLONY BANKCORP INC.	$6,047,000	-91.3%	464,050	-88.6%	0.24%	-80.5%
OFG	Sell	OFG BANCORP	$4,621,000	-2.5%	183,900	-0.1%	0.18%	+118.1%
SPFI	Sell	SOUTH PLAINS FINANCIAL INC	$4,492,000	-65.0%	163,000	-82.6%	0.18%	-21.8%
EBC	Sell	EASTERN BANKSHARES INC	$3,928,000	-83.8%	200,000	-74.8%	0.15%	-63.8%
BBSI	Sell	BARRETT BUSINESS SVCS INC	$2,161,000	-97.6%	27,700	-98.7%	0.08%	-94.6%
GPK	Sell	GRAPHIC PACKAGING HOLDING CO	$1,808,000	-31.8%	91,600	-40.4%	0.07%	+51.1%
BOKF	Sell	BOK FINANCIAL CORPORATION	$1,765,000	-96.6%	19,864	-97.8%	0.07%	-92.5%
WNC	Sell	WABASH NATIONAL CORP	$1,561,000	-32.5%	100,300	-19.8%	0.06%	+48.8%
PEBO	Sell	PEOPLES BANCORP INC	$1,455,000	-96.6%	50,300	-90.7%	0.06%	-92.5%
CW	Sell	CURTISS-WRIGHT CORP	$1,447,000	-97.4%	10,400	-98.5%	0.06%	-94.1%
CBT	Sell	CABOT CORP	$1,449,000	-49.9%	22,673	-40.1%	0.06%	+11.8%
EXP	Sell	EAGLE MATERIALS INC	$1,372,000	-55.6%	12,800	-48.7%	0.05%	0.0%
AL	Sell	AIR LEASE CORP	$1,346,000	-54.1%	43,400	-42.5%	0.05%	+3.9%
MEI	Sell	METHODE ELECTRONICS INC	$1,345,000	-99.4%	36,200	-94.9%	0.05%	-98.6%
EVTC	Sell	EVERTEC INC	$1,326,000	-50.0%	42,300	-16.7%	0.05%	+10.6%
HRMY	Sell	HARMONY BIOSCIENCES HOLDINGS	$1,262,000	-97.8%	28,500	-89.1%	0.05%	-95.1%
FANG	Sell	DIAMONDBACK ENERGY INC	$1,285,000	-58.9%	10,670	-88.0%	0.05%	-9.1%
CSGS	Sell	CSG SYSTEMS INTL INC	$1,269,000	-28.8%	24,000	-13.7%	0.05%	+61.3%
MMS	Sell	MAXIMUS INC	$1,215,000	-46.4%	21,000	-47.4%	0.05%	+20.0%
HTGC	Buy	HERCULES CAPITAL INC.	$1,225,000	-6.9%	105,798	+8.9%	0.05%	+108.7%
PRDO	Sell	PERDOCEO EDUCATION CORP	$1,224,000	-97.9%	118,800	-95.5%	0.05%	-95.3%
EBF	New	ENNIS INC	$1,190,000	–	59,100	–	0.05%	–
KFRC	Sell	KFORCE INC	$1,179,000	-97.7%	20,094	-98.4%	0.05%	-95.0%
SSB	Sell	SOUTH STATE CORP	$1,168,000	-99.6%	14,761	-99.6%	0.05%	-99.0%
DRQ	Sell	DRIL-QUIP INC	$1,179,000	-24.5%	60,400	-0.2%	0.05%	+70.4%
VEC	Sell	V2X INC	$1,172,000	-28.0%	33,100	-46.8%	0.05%	+58.6%
BHB	Sell	BAR HARBOR BANKSHARES	$1,151,000	-96.5%	43,400	-94.8%	0.04%	-92.3%
CVI	Sell	CVR ENERGY INC	$1,119,000	-60.0%	38,600	-35.2%	0.04%	-10.2%
SUPN	Sell	SUPERNUS PHARMACEUTICALS INC	$1,114,000	-97.6%	32,900	-98.9%	0.04%	-94.6%
SMP	Sell	STANDARD MOTOR PRODS	$1,034,000	-93.4%	31,800	-93.8%	0.04%	-85.2%
WGO	Sell	WINNEBAGO INDUSTRIES	$988,000	-44.1%	18,567	-91.0%	0.04%	+25.8%
AIT	Sell	APPLIED INDUSTRIAL TECH INC	$925,000	-98.6%	9,000	-93.7%	0.04%	-96.9%
KNX	Sell	KNIGHT-SWIFT TRANSPORTATION	$924,000	-45.6%	18,894	-35.9%	0.04%	+20.0%
MKSI	Sell	MKS INSTRUMENTS INC	$884,000	-98.6%	10,700	-98.6%	0.04%	-96.9%
CPSI	Sell	COMPUTER PROGRAMS & SYSTEMS	$790,000	-49.6%	28,350	-33.8%	0.03%	+10.7%
RBC	Sell	REGAL REXNORD CORP	$742,000	-44.8%	5,289	-58.3%	0.03%	+20.8%
FNB	Sell	FNB CORP	$719,000	-44.4%	61,980	-88.1%	0.03%	+21.7%
BGSF	Sell	BGSF INC	$676,000	-76.1%	60,816	-26.9%	0.03%	-46.0%
EXEL	Sell	EXELIXIS INC	$674,000	-87.0%	43,000	-82.3%	0.03%	-71.4%
KE	Sell	KIMBALL ELECTRONICS INC	$654,000	-99.7%	38,145	-97.5%	0.03%	-99.4%
OSK	Sell	OSHKOSH CORP	$640,000	-54.4%	9,100	-28.3%	0.02%	0.0%
PCRX	Sell	PACIRA BIOSCIENCES INC	$633,000	-66.8%	11,900	-79.5%	0.02%	-26.5%
JOUT	Sell	JOHNSON OUTDOORS INC-A	$647,000	-61.6%	12,600	-40.4%	0.02%	-16.7%
CENTA	Sell	CENTRAL GARDEN AND PET CO-A	$629,000	-98.5%	18,400	-96.0%	0.02%	-96.5%
CPF	Sell	CENTRAL PACIFIC FINANCIAL CO	$600,000	-61.3%	28,983	-44.0%	0.02%	-11.1%
INDB	Sell	INDEPENDENT BANK CORP/MA	$569,000	-78.6%	7,639	-93.0%	0.02%	-53.2%
CHCO	Sell	CITY HOLDING CO	$372,000	-54.7%	4,195	-6.3%	0.02%	+7.1%
EEFT	Sell	EURONET WORLDWIDE INC	$311,000	-88.1%	4,100	-93.6%	0.01%	-73.9%
BAP	Sell	CREDICORP LTD	$221,000	-97.5%	1,800	-99.6%	0.01%	-94.2%
FSEA	Sell	FIRST SEACOAST BANCORP	$155,000	-99.7%	15,000	-93.4%	0.01%	-99.3%
UIHC	Sell	UNITED INSURANCE HOLDINGS CO	$116,000	-97.5%	181,251	-47.3%	0.01%	-93.8%
	Sell	SAMSUNG ELECTRONICS COMMON-GDRadr	$113,000	-63.4%	123	-50.0%	0.00%	-20.0%
	Sell	CFSB BANCORP INC	$88,000	-90.2%	10,000	-74.3%	0.00%	-81.2%
FNHC	Sell	FEDNAT HOLDING CO	$50,000	-97.3%	434,275	-13.5%	0.00%	-93.9%
NVS	Sell	NOVARTIS AG-ADR	$8,000	-52.9%	100	-50.0%	0.00%	–
NTUS	Exit	NATUS MEDICAL INC	$0	–	-25,220	–	-0.02%	–
SGC	Exit	SUPERIOR GROUP OF COS INC	$0	–	-42,525	–	-0.02%	–
NSIT	Exit	INSIGHT ENTERPRISES INC	$0	–	-93,025	–	-0.04%	–

Q2 2022

			Value		Shares		↓ Weighting
AMCR	New	AMCOR PLC	$383,866,000	–	32,322,744	–	6.74%	–
BPOP	New	POPULAR INC	$297,553,000	–	5,558,666	–	5.23%	–
JAZZ	New	JAZZ PHARMACEUTICALS PLC	$275,714,000	–	1,995,660	–	4.84%	–
SSB	New	SOUTH STATE CORP	$270,005,000	–	3,304,039	–	4.74%	–
LIN	New	LINDE PLC (US SHARES)	$247,756,000	–	1,083,940	–	4.35%	–
KE	New	KIMBALL ELECTRONICS INC	$234,819,000	–	1,538,705	–	4.12%	–
IBOC	New	INTERNATIONAL BANCSHARES CORP	$233,526,000	–	8,662,710	–	4.10%	–
MEI	New	METHODE ELECTRONICS INC	$215,261,000	–	704,303	–	3.78%	–
TSN	New	TYSON FOODS INC-CL A 100.00 CALL 07/15/2022option	$151,799,000	–	3,854,413	–	2.67%	–
NOMD	New	NOMAD FOODS LTD	$147,855,000	–	7,356,400	–	2.60%	–
ABBV	New	ABBVIE INC	$140,523,000	–	890,530	–	2.47%	–
CNK	New	CINEMARK HOLDINGS INC	$121,715,000	–	4,249,745	–	2.14%	–
ANTM	New	ELEVANCE HEALTH INC	$116,138,000	–	2,251,251	–	2.04%	–
WBS	New	WEBSTER FINANCIAL CORP - CT	$111,089,000	–	1,872,424	–	1.95%	–
ALSN	New	ALLISON TRANSMISSION HOLDING	$110,344,000	–	2,839,500	–	1.94%	–
NOV	New	NOV INC	$98,526,000	–	2,803,464	–	1.73%	–
AVT	New	AVNET INC	$93,108,000	–	1,279,421	–	1.64%	–
JPM	New	JPMORGAN CHASE & CO	$93,055,000	–	1,280,770	–	1.63%	–
CRI	New	CARTER'S INC	$91,115,000	–	900,721	–	1.60%	–
BBSI	New	BARRETT BUSINESS SVCS INC	$90,117,000	–	2,092,850	–	1.58%	–
MSFT	New	MICROSOFT CORP.	$87,348,000	–	425,920	–	1.53%	–
DCOM	New	DIME COMMUNITY BANCSHARES INC	$86,172,000	–	1,263,680	–	1.51%	–
UTHR	New	UNITED THERAPEUTICS CORP	$83,961,000	–	365,961	–	1.48%	–
CBAN	New	COLONY BANKCORP INC.	$69,205,000	–	4,063,708	–	1.22%	–
AIT	New	APPLIED INDUSTRIAL TECH INC	$66,567,000	–	142,751	–	1.17%	–
MKSI	New	MKS INSTRUMENTS INC	$64,592,000	–	753,794	–	1.14%	–
CVS	New	CVS HEALTH CORP	$62,727,000	–	670,500	–	1.10%	–
MPC	New	MARATHON PETROLEUM CORP	$60,732,000	–	765,039	–	1.07%	–
PRDO	New	PERDOCEO EDUCATION CORP	$57,956,000	–	2,637,294	–	1.02%	–
UNH	New	UNITEDHEALTH GROUP INC	$57,730,000	–	132,456	–	1.01%	–
HRMY	New	HARMONY BIOSCIENCES HOLDINGS	$57,631,000	–	261,693	–	1.01%	–
ARW	New	ARROW ELECTRONICS INC	$57,317,000	–	512,103	–	1.01%	–
WMB	New	WILLIAMS COS INC	$57,019,000	–	1,825,050	–	1.00%	–
CB	New	CHUBB LTD	$56,844,000	–	298,649	–	1.00%	–
CW	New	CURTISS-WRIGHT CORP	$55,186,000	–	714,755	–	0.97%	–
KFRC	New	KFORCE INC	$52,168,000	–	1,226,800	–	0.92%	–
BOKF	New	BOK FINANCIAL CORPORATION	$52,163,000	–	894,364	–	0.92%	–
GD	New	GENERAL DYNAMICS CORP.	$50,846,000	–	244,093	–	0.89%	–
FSEA	New	FIRST SEACOAST BANCORP	$49,192,000	–	226,900	–	0.86%	–
COF	New	CAPITAL ONE FINANCIAL CORP	$48,824,000	–	474,881	–	0.86%	–
FDX	New	FEDEX CORP	$48,382,000	–	214,900	–	0.85%	–
BERY	New	BERRY GLOBAL GROUP INC	$48,314,000	–	904,900	–	0.85%	–
SAIC	New	SCIENCE APPLICATIONS INTE	$47,624,000	–	580,771	–	0.84%	–
	New	WARNER BROS DISCOVERY INC	$47,010,000	–	2,907,464	–	0.83%	–
SUPN	New	SUPERNUS PHARMACEUTICALS INC	$46,562,000	–	2,951,096	–	0.82%	–
CG	New	CARLYLE GROUP INC/THE	$46,544,000	–	1,165,257	–	0.82%	–
INGR	New	INGREDION INC	$45,751,000	–	532,800	–	0.80%	–
PEBO	New	PEOPLES BANCORP INC	$43,097,000	–	543,264	–	0.76%	–
MTB	New	M & T BANK CORP	$42,560,000	–	277,792	–	0.75%	–
SLM	New	SLM CORP	$42,485,000	–	2,655,700	–	0.75%	–
CENTA	New	CENTRAL GARDEN AND PET CO-A	$41,084,000	–	457,013	–	0.72%	–
CIB	New	BANCOLOMBIA S.A.-SPONS ADRadr	$40,595,000	–	1,294,727	–	0.71%	–
NEE	New	NEXTERA ENERGY INC	$39,194,000	–	506,664	–	0.69%	–
CROX	New	CROCS INC	$38,960,000	–	811,805	–	0.68%	–
SBH	New	SALLY BEAUTY HOLDINGS INC	$34,776,000	–	2,870,996	–	0.61%	–
CATC	New	CAMBRIDGE BANCORP	$33,759,000	–	1,381,643	–	0.59%	–
BHB	New	BAR HARBOR BANKSHARES	$33,323,000	–	836,718	–	0.58%	–
INTC	New	INTEL CORP	$30,074,000	–	794,858	–	0.53%	–
EBC	New	EASTERN BANKSHARES INC	$24,257,000	–	794,880	–	0.43%	–
PFC	New	PREMIER FINANCIAL CORP	$17,034,000	–	662,583	–	0.30%	–
BRKL	New	BROOKLINE BANCORP INC	$16,620,000	–	1,249,302	–	0.29%	–
SMP	New	STANDARD MOTOR PRODS	$15,770,000	–	509,383	–	0.28%	–
SPFI	New	SOUTH PLAINS FINANCIAL INC	$12,834,000	–	938,200	–	0.22%	–
TGLS	New	TECNOGLASS INC	$12,720,000	–	680,714	–	0.22%	–
BAP	New	CREDICORP LTD	$8,880,000	–	465,850	–	0.16%	–
EXEL	New	EXELIXIS INC	$5,203,000	–	243,000	–	0.09%	–
OFG	New	OFG BANCORP	$4,739,000	–	184,000	–	0.08%	–
UIHC	New	UNITED INSURANCE HOLDINGS CO	$4,616,000	–	344,251	–	0.08%	–
FANG	New	DIAMONDBACK ENERGY INC	$3,129,000	–	88,570	–	0.06%	–
EXP	New	EAGLE MATERIALS INC	$3,089,000	–	24,970	–	0.05%	–
AL	New	AIR LEASE CORP	$2,931,000	–	75,500	–	0.05%	–
CBT	New	CABOT CORP	$2,895,000	–	37,837	–	0.05%	–
BGSF	New	BGSF INC	$2,832,000	–	83,216	–	0.05%	–
CVI	New	CVR ENERGY INC	$2,799,000	–	59,600	–	0.05%	–
GPK	New	GRAPHIC PACKAGING HOLDING CO	$2,650,000	–	153,580	–	0.05%	–
EVTC	New	EVERTEC INC	$2,651,000	–	50,800	–	0.05%	–
INDB	New	INDEPENDENT BANK CORP/MA	$2,653,000	–	109,739	–	0.05%	–
EEFT	New	EURONET WORLDWIDE INC	$2,608,000	–	63,900	–	0.05%	–
WNC	New	WABASH NATIONAL CORP	$2,314,000	–	125,000	–	0.04%	–
NSIT	New	INSIGHT ENTERPRISES INC	$2,263,000	–	93,025	–	0.04%	–
MMS	New	MAXIMUS INC	$2,266,000	–	39,894	–	0.04%	–
PCRX	New	PACIRA BIOSCIENCES INC	$1,909,000	–	58,120	–	0.03%	–
FNHC	New	FEDNAT HOLDING CO	$1,873,000	–	501,800	–	0.03%	–
CSGS	New	CSG SYSTEMS INTL INC	$1,782,000	–	27,800	–	0.03%	–
WGO	New	WINNEBAGO INDUSTRIES	$1,769,000	–	205,318	–	0.03%	–
JOUT	New	JOHNSON OUTDOORS INC-A	$1,686,000	–	21,127	–	0.03%	–
KNX	New	KNIGHT-SWIFT TRANSPORTATION	$1,699,000	–	29,494	–	0.03%	–
VEC	New	VECTRUS INC	$1,627,000	–	62,200	–	0.03%	–
CPSI	New	COMPUTER PROGRAMS & SYSTEMS	$1,566,000	–	42,845	–	0.03%	–
DRQ	New	DRIL-QUIP INC	$1,561,000	–	60,500	–	0.03%	–
CPF	New	CENTRAL PACIFIC FINANCIAL CO	$1,552,000	–	51,783	–	0.03%	–
OSK	New	OSHKOSH CORP	$1,403,000	–	12,700	–	0.02%	–
SGC	New	SUPERIOR GROUP OF COS INC	$1,448,000	–	42,525	–	0.02%	–
NTUS	New	NATUS MEDICAL INC	$1,402,000	–	25,220	–	0.02%	–
RBC	New	REGAL REXNORD CORP	$1,345,000	–	12,689	–	0.02%	–
HTGC	New	HERCULES CAPITAL INC.	$1,316,000	–	97,111	–	0.02%	–
FNB	New	FNB CORP	$1,293,000	–	521,480	–	0.02%	–
	New	CFSB BANCORP INC	$901,000	–	38,983	–	0.02%	–
CHCO	New	CITY HOLDING CO	$822,000	–	4,475	–	0.01%	–
	New	SAMSUNG ELECTRONICS COMMON-GDRadr	$309,000	–	246	–	0.01%	–
NVS	New	NOVARTIS AG-ADR	$17,000	–	200	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
NVS	Exit	NOVARTIS AG-ADR	$0	–	-500	–	-0.00%	–
DGX	Exit	QUEST DIAGNOSTICS	$0	–	-300	–	-0.00%	–
MEOH	Exit	METHANEX CORPORATION (US SHARES)	$0	–	-1,250	–	-0.00%	–
DK	Exit	DELEK US HOLDINGS INC	$0	–	-6,741	–	-0.00%	–
FSEA	Exit	FIRST SEACOAST BANCORP	$0	–	-15,000	–	-0.01%	–
	Exit	SAMSUNG ELECTRONICS COMMON-GDRadr	$0	–	-173	–	-0.01%	–
CHCO	Exit	CITY HOLDING CO	$0	–	-4,195	–	-0.01%	–
BABA	Exit	ALIBABA GROUP HOLDING-SP ADR	$0	–	-2,700	–	-0.01%	–
BAP	Exit	CREDICORP LTD	$0	–	-3,600	–	-0.01%	–
EEFT	Exit	EURONET WORLDWIDE INC	$0	–	-3,500	–	-0.01%	–
INDB	Exit	INDEPENDENT BANK CORP/MA	$0	–	-7,639	–	-0.02%	–
UIHC	Exit	UNITED INSURANCE HOLDINGS CO	$0	–	-198,351	–	-0.02%	–
JOUT	Exit	JOHNSON OUTDOORS INC-A	$0	–	-7,700	–	-0.03%	–
SUPN	Exit	SUPERNUS PHARMACEUTICALS INC	$0	–	-32,900	–	-0.03%	–
AIT	Exit	APPLIED INDUSTRIAL TECH INC	$0	–	-10,200	–	-0.03%	–
CBT	Exit	CABOT CORP	$0	–	-18,273	–	-0.03%	–
CENTA	Exit	CENTRAL GARDEN AND PET CO-A	$0	–	-22,800	–	-0.03%	–
SMP	Exit	STANDARD MOTOR PRODS	$0	–	-21,900	–	-0.03%	–
FNHC	Exit	FEDNAT HOLDING CO	$0	–	-400,000	–	-0.03%	–
RBC	Exit	REGAL BELOIT CORP	$0	–	-6,889	–	-0.03%	–
CPSI	Exit	COMPUTER PROGRAMS & SYSTEMS	$0	–	-29,650	–	-0.03%	–
SSB	Exit	SOUTH STATE CORP	$0	–	-14,761	–	-0.04%	–
CPF	Exit	CENTRAL PACIFIC FINANCIAL CO	$0	–	-43,583	–	-0.04%	–
NTUS	Exit	NATUS MEDICAL INC	$0	–	-46,220	–	-0.04%	–
HRMY	Exit	HARMONY BIOSCIENCES HOLDINGS	$0	–	-30,900	–	-0.04%	–
BGSF	Exit	BGSF INC	$0	–	-95,516	–	-0.04%	–
BHB	Exit	BAR HARBOR BANKSHARES	$0	–	-43,400	–	-0.04%	–
KNX	Exit	KNIGHT-SWIFT TRANSPORTATION	$0	–	-24,494	–	-0.04%	–
MKSI	Exit	MKS INSTRUMENTS INC	$0	–	-8,500	–	-0.04%	–
SGC	Exit	SUPERIOR GROUP OF COS INC	$0	–	-57,100	–	-0.04%	–
CVI	Exit	CVR ENERGY INC	$0	–	-79,500	–	-0.04%	–
CW	Exit	CURTISS-WRIGHT CORP	$0	–	-10,400	–	-0.04%	–
NSIT	Exit	INSIGHT ENTERPRISES INC	$0	–	-15,127	–	-0.04%	–
VEC	Exit	VECTRUS INC	$0	–	-28,000	–	-0.04%	–
AL	Exit	AIR LEASE CORP	$0	–	-36,300	–	-0.05%	–
OSK	Exit	OSHKOSH CORP	$0	–	-14,100	–	-0.05%	–
PBCT	Exit	PEOPLE'S UNITED FINANCIAL	$0	–	-88,171	–	-0.05%	–
KE	Exit	KIMBALL ELECTRONICS INC	$0	–	-62,745	–	-0.05%	–
AMWD	Exit	AMERICAN WOODMARK CORP	$0	–	-25,100	–	-0.05%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP	$0	–	-8,646	–	-0.05%	–
FNB	Exit	FNB CORP	$0	–	-148,480	–	-0.06%	–
HTGC	Exit	HERCULES CAPITAL INC.	$0	–	-105,998	–	-0.06%	–
MMS	Exit	MAXIMUS INC	$0	–	-21,000	–	-0.06%	–
EXP	Exit	EAGLE MATERIALS INC	$0	–	-13,400	–	-0.06%	–
BOKF	Exit	BOK FINANCIAL CORPORATION	$0	–	-20,564	–	-0.06%	–
RBB	Exit	RBB BANCORP	$0	–	-76,000	–	-0.06%	–
SAFM	Exit	SANDERSON FARMS INC	$0	–	-10,250	–	-0.06%	–
CSGS	Exit	CSG SYSTEMS INTL INC	$0	–	-39,700	–	-0.06%	–
MEI	Exit	METHODE ELECTRONICS INC	$0	–	-46,600	–	-0.06%	–
DRQ	Exit	DRIL-QUIP INC	$0	–	-78,000	–	-0.06%	–
WGO	Exit	WINNEBAGO INDUSTRIES	$0	–	-27,467	–	-0.06%	–
KFRC	Exit	KFORCE INC	$0	–	-34,794	–	-0.07%	–
GPK	Exit	GRAPHIC PACKAGING HOLDING CO	$0	–	-116,000	–	-0.07%	–
BBSI	Exit	BARRETT BUSINESS SVCS INC	$0	–	-30,100	–	-0.07%	–
EVTC	Exit	EVERTEC INC	$0	–	-50,800	–	-0.07%	–
FANG	Exit	DIAMONDBACK ENERGY INC	$0	–	-26,570	–	-0.08%	–
EBC	Exit	EASTERN BANKSHARES INC	$0	–	-200,000	–	-0.13%	–
SPFI	Exit	SOUTH PLAINS FINANCIAL INC	$0	–	-191,100	–	-0.15%	–
OFG	Exit	OFG BANCORP	$0	–	-195,300	–	-0.16%	–
CBAN	Exit	COLONY BANKCORP INC.	$0	–	-387,850	–	-0.23%	–
PRDO	Exit	PERDOCEO EDUCATION CORP	$0	–	-780,700	–	-0.26%	–
TGLS	Exit	TECNOGLASS INC	$0	–	-393,764	–	-0.27%	–
CATC	Exit	CAMBRIDGE BANCORP	$0	–	-185,257	–	-0.52%	–
PFC	Exit	PREMIER FINANCIAL CORP	$0	–	-530,583	–	-0.54%	–
BRKL	Exit	BROOKLINE BANCORP INC	$0	–	-1,235,586	–	-0.60%	–
DCOM	Exit	DIME COMMUNITY BANCSHARES INC	$0	–	-610,480	–	-0.64%	–
AVT	Exit	AVNET INC	$0	–	-816,018	–	-0.96%	–
MTB	Exit	M & T BANK CORP	$0	–	-269,594	–	-1.28%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-534,664	–	-1.34%	–
INTC	Exit	INTEL CORP	$0	–	-798,019	–	-1.36%	–
ALE	Exit	ALLETE	$0	–	-719,758	–	-1.37%	–
CRI	Exit	CARTER'S INC	$0	–	-467,613	–	-1.45%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-121,456	–	-1.51%	–
INGR	Exit	INGREDION INC	$0	–	-539,300	–	-1.53%	–
GD	Exit	GENERAL DYNAMICS CORP.	$0	–	-249,293	–	-1.56%	–
SAIC	Exit	SCIENCE APPLICATIONS INTE	$0	–	-576,000	–	-1.57%	–
WMB	Exit	WILLIAMS COS INC	$0	–	-1,995,200	–	-1.65%	–
ABBV	Exit	ABBVIE INC	$0	–	-485,115	–	-1.67%	–
MSFT	Exit	MICROSOFT CORP.	$0	–	-185,926	–	-1.67%	–
ANTM	Exit	ANTHEM INC	$0	–	-141,551	–	-1.68%	–
DISCK	Exit	DISCOVERY INC-C	$0	–	-2,178,900	–	-1.69%	–
IBOC	Exit	INTERNATIONAL BANCSHARES CORP	$0	–	-1,274,406	–	-1.69%	–
CB	Exit	CHUBB LTD	$0	–	-308,949	–	-1.71%	–
LH	Exit	LABORATORY CRP OF AMER HLDGS	$0	–	-196,568	–	-1.76%	–
BERY	Exit	BERRY GLOBAL GROUP INC	$0	–	-935,100	–	-1.82%	–
TSN	Exit	TYSON FOODS INC-CL A	$0	–	-721,663	–	-1.82%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-716,200	–	-1.94%	–
ARW	Exit	ARROW ELECTRONICS INC	$0	–	-547,903	–	-1.96%	–
UTHR	Exit	UNITED THERAPEUTICS CORP	$0	–	-380,900	–	-2.24%	–
WBS	Exit	WEBSTER FINANCIAL CORP - CT	$0	–	-1,328,061	–	-2.30%	–
CNK	Exit	CINEMARK HOLDINGS INC	$0	–	-3,853,658	–	-2.36%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-1,210,694	–	-2.38%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-458,551	–	-2.39%	–
COF	Exit	CAPITAL ONE FINANCIAL CORP	$0	–	-503,808	–	-2.60%	–
CIB	Exit	BANCOLOMBIA S.A.-SPONS ADRadr	$0	–	-2,464,816	–	-2.72%	–
CROX	Exit	CROCS INC	$0	–	-779,355	–	-3.56%	–
AMCR	Exit	AMCOR PLC	$0	–	-13,281,272	–	-4.91%	–
INFY	Exit	INFOSYS LTD - SP ADRadr	$0	–	-7,775,104	–	-5.51%	–
LIN	Exit	LINDE PLC (US SHARES)	$0	–	-612,503	–	-5.73%	–
CCEP	Exit	COCA COLA EUROPACIFIC PARTNERS PLC	$0	–	-3,493,683	–	-6.16%	–
JAZZ	Exit	JAZZ PHARMACEUTICALS PLC	$0	–	-1,962,763	–	-8.15%	–
BPOP	Exit	POPULAR INC	$0	–	-3,347,578	–	-8.29%	–

Q3 2021

			Value		Shares		↓ Weighting
BPOP	Sell	POPULAR INC	$260,006,000	+2.8%	3,347,578	-0.7%	8.29%	+1.6%
JAZZ	Buy	JAZZ PHARMACEUTICALS PLC	$255,571,000	+11.3%	1,962,763	+51.8%	8.15%	+10.0%
CCEP	Sell	COCA COLA EUROPACIFIC PARTNERS PLC	$193,166,000	-7.5%	3,493,683	-0.7%	6.16%	-8.6%
LIN	Sell	LINDE PLC (US SHARES)	$179,696,000	+1.2%	612,503	-0.3%	5.73%	-0.0%
INFY	Sell	INFOSYS LTD - SP ADRadr	$172,996,000	+3.0%	7,775,104	-1.9%	5.51%	+1.8%
CROX	Sell	CROCS INC	$111,822,000	+13.5%	779,355	-7.9%	3.56%	+12.1%
CIB	Buy	BANCOLOMBIA S.A.-SPONS ADRadr	$85,332,000	+40.5%	2,464,816	+16.9%	2.72%	+38.8%
COF	Sell	CAPITAL ONE FINANCIAL CORP	$81,602,000	+3.1%	503,808	-1.5%	2.60%	+1.9%
JPM	Sell	JPMORGAN CHASE & CO	$75,060,000	+4.3%	458,551	-0.9%	2.39%	+3.0%
MPC	Sell	MARATHON PETROLEUM CORP	$74,833,000	+2.1%	1,210,694	-0.2%	2.38%	+0.8%
CNK	Buy	CINEMARK HOLDINGS INC	$74,029,000	+9.2%	3,853,658	+24.8%	2.36%	+7.9%
WBS	Sell	WEBSTER FINANCIAL CORP - CT	$72,326,000	+1.6%	1,328,061	-0.5%	2.30%	+0.3%
UTHR	Sell	UNITED THERAPEUTICS CORP	$70,307,000	+2.6%	380,900	-0.3%	2.24%	+1.3%
ARW	Sell	ARROW ELECTRONICS INC	$61,524,000	-2.8%	547,903	-1.5%	1.96%	-4.0%
CVS	Sell	CVS HEALTH CORP	$60,777,000	-2.2%	716,200	-3.9%	1.94%	-3.4%
TSN	Sell	TYSON FOODS INC-CL A	$56,968,000	+3.7%	721,663	-3.1%	1.82%	+2.5%
BERY	Sell	BERRY GLOBAL GROUP INC	$56,929,000	-9.9%	935,100	-3.4%	1.82%	-10.9%
CB	Sell	CHUBB LTD	$53,596,000	+8.8%	308,949	-0.4%	1.71%	+7.4%
DISCK	New	DISCOVERY INC-C	$52,882,000	–	2,178,900	–	1.69%	–
ANTM	Sell	ANTHEM INC	$52,770,000	-2.7%	141,551	-0.4%	1.68%	-3.9%
MSFT	Sell	MICROSOFT CORP.	$52,416,000	-10.3%	185,926	-13.8%	1.67%	-11.4%
ABBV	Buy	ABBVIE INC	$52,329,000	+9.4%	485,115	+14.2%	1.67%	+8.0%
WMB	Buy	WILLIAMS COS INC	$51,755,000	-1.8%	1,995,200	+0.5%	1.65%	-2.9%
SAIC	Buy	SCIENCE APPLICATIONS INTE	$49,283,000	+17.4%	576,000	+20.4%	1.57%	+16.0%
GD	Sell	GENERAL DYNAMICS CORP.	$48,869,000	+3.4%	249,293	-0.7%	1.56%	+2.2%
INGR	Buy	INGREDION INC	$48,003,000	-0.8%	539,300	+0.9%	1.53%	-2.0%
UNH	Sell	UNITEDHEALTH GROUP INC	$47,458,000	-3.1%	121,456	-0.7%	1.51%	-4.2%
CRI	Buy	CARTER'S INC	$45,471,000	-5.5%	467,613	+0.3%	1.45%	-6.6%
ALE	Sell	ALLETE	$42,840,000	-16.4%	719,758	-1.7%	1.37%	-17.3%
INTC	Sell	INTEL CORP	$42,518,000	-8.3%	798,019	-3.4%	1.36%	-9.4%
MTB	Sell	M & T BANK CORP	$40,261,000	+2.7%	269,594	-0.1%	1.28%	+1.4%
AVT	Buy	AVNET INC	$30,168,000	-7.2%	816,018	+0.6%	0.96%	-8.3%
DCOM	Sell	DIME COMMUNITY BANCSHARES INC	$19,938,000	-3.5%	610,480	-0.7%	0.64%	-4.6%
PRDO	Buy	PERDOCEO EDUCATION CORP	$8,244,000	+319.1%	780,700	+387.0%	0.26%	+317.5%
KFRC	Sell	KFORCE INC	$2,075,000	-17.8%	34,794	-13.2%	0.07%	-18.5%
DRQ	Buy	DRIL-QUIP INC	$1,964,000	+31.0%	78,000	+76.1%	0.06%	+31.2%
AMWD	Buy	AMERICAN WOODMARK CORP	$1,641,000	+53.4%	25,100	+91.6%	0.05%	+48.6%
CVI	Buy	CVR ENERGY INC	$1,324,000	+14.6%	79,500	+23.6%	0.04%	+13.5%
SGC	Buy	SUPERIOR GROUP OF COS INC	$1,330,000	+40.4%	57,100	+44.2%	0.04%	+35.5%
UIHC	Buy	UNITED INSURANCE HOLDINGS CO	$720,000	-26.5%	198,351	+15.5%	0.02%	-28.1%
BAP	Buy	CREDICORP LTD	$399,000	+6.4%	3,600	+16.1%	0.01%	+8.3%
BABA	New	ALIBABA GROUP HOLDING-SP ADR	$400,000	–	2,700	–	0.01%	–
LCII	Exit	LCI INDUSTRIES	$0	–	-5,800	–	-0.02%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-591,434	–	-1.07%	–
ABCB	Exit	AMERIS BANCORP	$0	–	-1,149,265	–	-1.88%	–

Q2 2021

			Value		Shares		↓ Weighting
BPOP	New	POPULAR INC	$252,902,000	–	3,369,778	–	8.16%	–
JAZZ	New	JAZZ PHARMACEUTICALS PLC	$229,646,000	–	1,292,760	–	7.41%	–
CCEP	New	COCA COLA EUROPACIFIC PARTNERS PLC	$208,811,000	–	3,520,083	–	6.74%	–
LIN	New	LINDE PLC (US SHARES)	$177,624,000	–	614,403	–	5.73%	–
INFY	New	INFOSYS LTD - SP ADRadr	$167,982,000	–	7,927,404	–	5.42%	–
AMCR	New	AMCOR PLC	$152,203,000	–	13,281,272	–	4.91%	–
CROX	New	CROCS INC	$98,547,000	–	845,755	–	3.18%	–
COF	New	CAPITAL ONE FINANCIAL CORP	$79,125,000	–	511,508	–	2.55%	–
MPC	New	MARATHON PETROLEUM CORP	$73,295,000	–	1,213,094	–	2.36%	–
JPM	New	JPMORGAN CHASE & CO	$71,992,000	–	462,851	–	2.32%	–
WBS	New	WEBSTER FINANCIAL CORP - CT	$71,191,000	–	1,334,661	–	2.30%	–
UTHR	New	UNITED THERAPEUTICS CORP	$68,553,000	–	382,100	–	2.21%	–
CNK	New	CINEMARK HOLDINGS INC	$67,789,000	–	3,088,358	–	2.19%	–
ARW	New	ARROW ELECTRONICS INC	$63,290,000	–	556,003	–	2.04%	–
BERY	New	BERRY GLOBAL GROUP INC	$63,153,000	–	968,300	–	2.04%	–
CVS	New	CVS HEALTH CORP	$62,154,000	–	744,900	–	2.00%	–
CIB	New	BANCOLOMBIA S.A.-SPONS ADRadr	$60,738,000	–	2,108,950	–	1.96%	–
MSFT	New	MICROSOFT CORP.	$58,440,000	–	215,726	–	1.88%	–
ABCB	New	AMERIS BANCORP	$58,187,000	–	1,149,265	–	1.88%	–
TSN	New	TYSON FOODS INC-CL A	$54,926,000	–	744,663	–	1.77%	–
IBOC	New	INTERNATIONAL BANCSHARES CORP	$54,723,000	–	1,274,406	–	1.76%	–
ANTM	New	ANTHEM INC	$54,235,000	–	142,051	–	1.75%	–
LH	New	LABORATORY CRP OF AMER HLDGS	$54,223,000	–	196,568	–	1.75%	–
WMB	New	WILLIAMS COS INC	$52,686,000	–	1,984,400	–	1.70%	–
ALE	New	ALLETE	$51,222,000	–	731,958	–	1.65%	–
CB	New	CHUBB LTD	$49,279,000	–	310,049	–	1.59%	–
UNH	New	UNITEDHEALTH GROUP INC	$48,956,000	–	122,256	–	1.58%	–
INGR	New	INGREDION INC	$48,390,000	–	534,700	–	1.56%	–
CRI	New	CARTER'S INC	$48,099,000	–	466,213	–	1.55%	–
ABBV	New	ABBVIE INC	$47,851,000	–	424,815	–	1.54%	–
GD	New	GENERAL DYNAMICS CORP.	$47,252,000	–	250,993	–	1.52%	–
INTC	New	INTEL CORP	$46,361,000	–	825,819	–	1.50%	–
SAIC	New	SCIENCE APPLICATIONS INTE	$41,961,000	–	478,300	–	1.35%	–
MTB	New	M & T BANK CORP	$39,204,000	–	269,794	–	1.26%	–
NEE	New	NEXTERA ENERGY INC	$39,180,000	–	534,664	–	1.26%	–
VZ	New	VERIZON COMMUNICATIONS	$33,138,000	–	591,434	–	1.07%	–
AVT	New	AVNET INC	$32,522,000	–	811,418	–	1.05%	–
DCOM	New	DIME COMMUNITY BANCSHARES INC	$20,669,000	–	614,780	–	0.67%	–
BRKL	New	BROOKLINE BANCORP INC	$18,472,000	–	1,235,586	–	0.60%	–
CATC	New	CAMBRIDGE BANCORP	$15,374,000	–	185,257	–	0.50%	–
PFC	New	PREMIER FINANCIAL CORP	$15,074,000	–	530,583	–	0.49%	–
TGLS	New	TECNOGLASS INC	$8,427,000	–	393,764	–	0.27%	–
CBAN	New	COLONY BANKCORP INC.	$6,927,000	–	387,850	–	0.22%	–
SPFI	New	SOUTH PLAINS FINANCIAL INC	$4,420,000	–	191,100	–	0.14%	–
OFG	New	OFG BANCORP	$4,320,000	–	195,300	–	0.14%	–
EBC	New	EASTERN BANKSHARES INC	$4,114,000	–	200,000	–	0.13%	–
KFRC	New	KFORCE INC	$2,523,000	–	40,094	–	0.08%	–
FANG	New	DIAMONDBACK ENERGY INC	$2,495,000	–	26,570	–	0.08%	–
MEI	New	METHODE ELECTRONICS INC	$2,293,000	–	46,600	–	0.07%	–
EVTC	New	EVERTEC INC	$2,217,000	–	50,800	–	0.07%	–
BBSI	New	BARRETT BUSINESS SVCS INC	$2,186,000	–	30,100	–	0.07%	–
GPK	New	GRAPHIC PACKAGING HOLDING CO	$2,104,000	–	116,000	–	0.07%	–
PRDO	New	PERDOCEO EDUCATION CORP	$1,967,000	–	160,300	–	0.06%	–
SAFM	New	SANDERSON FARMS INC	$1,927,000	–	10,250	–	0.06%	–
EXP	New	EAGLE MATERIALS INC	$1,904,000	–	13,400	–	0.06%	–
CSGS	New	CSG SYSTEMS INTL INC	$1,873,000	–	39,700	–	0.06%	–
WGO	New	WINNEBAGO INDUSTRIES	$1,867,000	–	27,467	–	0.06%	–
MMS	New	MAXIMUS INC	$1,847,000	–	21,000	–	0.06%	–
RBB	New	RBB BANCORP	$1,841,000	–	76,000	–	0.06%	–
FNB	New	FNB CORP	$1,831,000	–	148,480	–	0.06%	–
HTGC	New	HERCULES CAPITAL INC.	$1,808,000	–	105,998	–	0.06%	–
OSK	New	OSHKOSH CORP	$1,757,000	–	14,100	–	0.06%	–
BOKF	New	BOK FINANCIAL CORPORATION	$1,781,000	–	20,564	–	0.06%	–
FNHC	New	FEDNAT HOLDING CO	$1,660,000	–	400,000	–	0.05%	–
PBCT	New	PEOPLE'S UNITED FINANCIAL	$1,511,000	–	88,171	–	0.05%	–
MKSI	New	MKS INSTRUMENTS INC	$1,513,000	–	8,500	–	0.05%	–
AL	New	AIR LEASE CORP	$1,515,000	–	36,300	–	0.05%	–
NSIT	New	INSIGHT ENTERPRISES INC	$1,513,000	–	15,127	–	0.05%	–
ABG	New	ASBURY AUTOMOTIVE GROUP	$1,482,000	–	8,646	–	0.05%	–
DRQ	New	DRIL-QUIP INC	$1,499,000	–	44,300	–	0.05%	–
KE	New	KIMBALL ELECTRONICS INC	$1,364,000	–	62,745	–	0.04%	–
VEC	New	VECTRUS INC	$1,333,000	–	28,000	–	0.04%	–
CW	New	CURTISS-WRIGHT CORP	$1,235,000	–	10,400	–	0.04%	–
BHB	New	BAR HARBOR BANKSHARES	$1,242,000	–	43,400	–	0.04%	–
SSB	New	SOUTH STATE CORP	$1,207,000	–	14,761	–	0.04%	–
NTUS	New	NATUS MEDICAL INC	$1,201,000	–	46,220	–	0.04%	–
BGSF	New	BGSF INC	$1,179,000	–	95,516	–	0.04%	–
CVI	New	CVR ENERGY INC	$1,155,000	–	64,300	–	0.04%	–
CPF	New	CENTRAL PACIFIC FINANCIAL CO	$1,136,000	–	43,583	–	0.04%	–
CENTA	New	CENTRAL GARDEN AND PET CO-A	$1,101,000	–	22,800	–	0.04%	–
KNX	New	KNIGHT-SWIFT TRANSPORTATION	$1,113,000	–	24,494	–	0.04%	–
AMWD	New	AMERICAN WOODMARK CORP	$1,070,000	–	13,100	–	0.04%	–
CBT	New	CABOT CORP	$1,040,000	–	18,273	–	0.03%	–
SUPN	New	SUPERNUS PHARMACEUTICALS INC	$1,013,000	–	32,900	–	0.03%	–
CPSI	New	COMPUTER PROGRAMS & SYSTEMS	$985,000	–	29,650	–	0.03%	–
UIHC	New	UNITED INSURANCE HOLDINGS CO	$979,000	–	171,712	–	0.03%	–
SMP	New	STANDARD MOTOR PRODS	$949,000	–	21,900	–	0.03%	–
SGC	New	SUPERIOR GROUP OF COS INC	$947,000	–	39,600	–	0.03%	–
RBC	New	REGAL BELOIT CORP	$920,000	–	6,889	–	0.03%	–
AIT	New	APPLIED INDUSTRIAL TECH INC	$929,000	–	10,200	–	0.03%	–
JOUT	New	JOHNSON OUTDOORS INC-A	$932,000	–	7,700	–	0.03%	–
HRMY	New	HARMONY BIOSCIENCES HOLDINGS	$872,000	–	30,900	–	0.03%	–
LCII	New	LCI INDUSTRIES	$762,000	–	5,800	–	0.02%	–
INDB	New	INDEPENDENT BANK CORP/MA	$577,000	–	7,639	–	0.02%	–
EEFT	New	EURONET WORLDWIDE INC	$474,000	–	3,500	–	0.02%	–
BAP	New	CREDICORP LTD	$375,000	–	3,100	–	0.01%	–
CHCO	New	CITY HOLDING CO	$316,000	–	4,195	–	0.01%	–
	New	SAMSUNG ELECTRONICS COMMON-GDRadr	$309,000	–	173	–	0.01%	–
DK	New	DELEK US HOLDINGS INC	$146,000	–	6,741	–	0.01%	–
FSEA	New	FIRST SEACOAST BANCORP	$147,000	–	15,000	–	0.01%	–
MEOH	New	METHANEX CORPORATION (US SHARES)	$41,000	–	1,250	–	0.00%	–
NVS	New	NOVARTIS AG-ADR	$46,000	–	500	–	0.00%	–
DGX	New	QUEST DIAGNOSTICS	$40,000	–	300	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
MEOH	Exit	METHANEX CORPORATION (US SHARES)	$0	–	-1,250	–	-0.00%	–
NVS	Exit	NOVARTIS AG-ADR	$0	–	-500	–	-0.00%	–
FSEA	Exit	FIRST SEACOAST BANCORP	$0	–	-15,000	–	-0.01%	–
	Exit	SAMSUNG ELECTRONICS COMMON-GDRadr	$0	–	-173	–	-0.01%	–
EPR	Exit	EPR PROPERTIES	$0	–	-9,110	–	-0.01%	–
CHCO	Exit	CITY HOLDING CO	$0	–	-4,195	–	-0.01%	–
CNK	Exit	CINEMARK HOLDINGS INC	$0	–	-31,458	–	-0.02%	–
EEFT	Exit	EURONET WORLDWIDE INC	$0	–	-3,800	–	-0.02%	–
BAP	Exit	CREDICORP LTD	$0	–	-2,700	–	-0.02%	–
INDB	Exit	INDEPENDENT BANK CORP/MA	$0	–	-7,639	–	-0.02%	–
AL	Exit	AIR LEASE CORP	$0	–	-13,900	–	-0.02%	–
PAHC	Exit	PHIBRO ANIMAL HEALTH CORP-A	$0	–	-25,500	–	-0.02%	–
FOE	Exit	FERRO CORP	$0	–	-42,735	–	-0.03%	–
TNET	Exit	TRINET GROUP INC	$0	–	-9,600	–	-0.03%	–
CPF	Exit	CENTRAL PACIFIC FINANCIAL CO	$0	–	-43,583	–	-0.03%	–
PETS	Exit	PETMED EXPRESS INC	$0	–	-18,700	–	-0.03%	–
LCII	Exit	LCI INDUSTRIES	$0	–	-5,800	–	-0.03%	–
FANG	Exit	DIAMONDBACK ENERGY INC	$0	–	-20,770	–	-0.03%	–
CBT	Exit	CABOT CORP	$0	–	-18,273	–	-0.03%	–
CW	Exit	CURTISS-WRIGHT CORP	$0	–	-7,200	–	-0.03%	–
SSB	Exit	SOUTH STATE CORP	$0	–	-14,761	–	-0.04%	–
BMTC	Exit	BRYN MAWR BANK CORP	$0	–	-30,546	–	-0.04%	–
DECK	Exit	DECKERS OUTDOOR CORP	$0	–	-3,400	–	-0.04%	–
NTUS	Exit	NATUS MEDICAL INC	$0	–	-46,220	–	-0.04%	–
CENTA	Exit	CENTRAL GARDEN AND PET CO-A	$0	–	-22,800	–	-0.04%	–
DRQ	Exit	DRIL-QUIP INC	$0	–	-33,700	–	-0.04%	–
BHB	Exit	BAR HARBOR BANKSHARES	$0	–	-43,400	–	-0.04%	–
VEC	Exit	VECTRUS INC	$0	–	-24,100	–	-0.04%	–
DOC	Exit	PHYSICIANS REALTY TRUST	$0	–	-51,522	–	-0.04%	–
AIT	Exit	APPLIED INDUSTRIAL TECH INC	$0	–	-16,700	–	-0.04%	–
PBCT	Exit	PEOPLE'S UNITED FINANCIAL	$0	–	-88,171	–	-0.04%	–
KNX	Exit	KNIGHT-SWIFT TRANSPORTATION	$0	–	-24,494	–	-0.05%	–
FNB	Exit	FNB CORP	$0	–	-148,480	–	-0.05%	–
OSK	Exit	OSHKOSH CORP	$0	–	-14,100	–	-0.05%	–
WGO	Exit	WINNEBAGO INDUSTRIES	$0	–	-20,167	–	-0.05%	–
BGSF	Exit	BG STAFFING INC	$0	–	-131,443	–	-0.06%	–
NSP	Exit	INSPERITY INC	$0	–	-16,900	–	-0.06%	–
JOUT	Exit	JOHNSON OUTDOORS INC-A	$0	–	-13,900	–	-0.06%	–
MMS	Exit	MAXIMUS INC	$0	–	-16,600	–	-0.06%	–
BOKF	Exit	BOK FINANCIAL CORPORATION	$0	–	-22,464	–	-0.06%	–
RBC	Exit	REGAL BELOIT CORP	$0	–	-12,389	–	-0.06%	–
MKSI	Exit	MKS INSTRUMENTS INC	$0	–	-11,000	–	-0.06%	–
HDS	Exit	HD SUPPLY HOLDINGS INC	$0	–	-29,700	–	-0.06%	–
RBB	Exit	RBB BANCORP	$0	–	-112,162	–	-0.06%	–
CSGS	Exit	CSG SYSTEMS INTL INC	$0	–	-31,300	–	-0.06%	–
UIHC	Exit	UNITED INSURANCE HOLDINGS CO	$0	–	-213,951	–	-0.06%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP	$0	–	-13,846	–	-0.07%	–
NSIT	Exit	INSIGHT ENTERPRISES INC	$0	–	-28,127	–	-0.08%	–
CPSI	Exit	COMPUTER PROGRAMS & SYSTEMS	$0	–	-61,850	–	-0.08%	–
BBSI	Exit	BARRETT BUSINESS SVCS INC	$0	–	-32,800	–	-0.08%	–
HTGC	Exit	HERCULES CAPITAL INC.	$0	–	-150,298	–	-0.09%	–
EXP	Exit	EAGLE MATERIALS INC	$0	–	-20,400	–	-0.09%	–
SAFM	Exit	SANDERSON FARMS INC	$0	–	-15,150	–	-0.09%	–
KFRC	Exit	KFORCE INC	$0	–	-57,594	–	-0.09%	–
EVTC	Exit	EVERTEC INC	$0	–	-56,800	–	-0.10%	–
TGLS	Exit	TECNOGLASS INC	$0	–	-393,764	–	-0.10%	–
OFG	Exit	OFG BANCORP	$0	–	-216,200	–	-0.13%	–
SPFI	Exit	SOUTH PLAINS FINANCIAL INC	$0	–	-224,300	–	-0.14%	–
CBAN	Exit	COLONY BANKCORP INC.	$0	–	-387,850	–	-0.20%	–
ABBV	Exit	ABBVIE INC	$0	–	-90,615	–	-0.39%	–
PFC	Exit	PREMIER FINANCIAL CORP	$0	–	-534,583	–	-0.41%	–
CATC	Exit	CAMBRIDGE BANCORP	$0	–	-192,357	–	-0.50%	–
DCOM	Exit	DIME COMMUNITY BANCSHARES INC	$0	–	-956,994	–	-0.53%	–
BRKL	Exit	BROOKLINE BANCORP INC	$0	–	-1,291,286	–	-0.55%	–
HPE	Exit	HEWLETT PACKARD ENTERPRISE CO.	$0	–	-1,768,426	–	-0.82%	–
AVT	Exit	AVNET INC	$0	–	-871,318	–	-1.11%	–
MTB	Exit	M & T BANK CORP	$0	–	-282,694	–	-1.28%	–
ABCB	Exit	AMERIS BANCORP	$0	–	-1,274,565	–	-1.43%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-1,027,694	–	-1.49%	–
BEN	Exit	FRANKLIN RESOURCES INC	$0	–	-1,489,324	–	-1.49%	–
SAIC	Exit	SCIENCE APPLICATIONS INTE	$0	–	-430,600	–	-1.66%	–
IBOC	Exit	INTERNATIONAL BANCSHARES CORP	$0	–	-1,360,706	–	-1.75%	–
GD	Exit	GENERAL DYNAMICS CORP.	$0	–	-261,793	–	-1.79%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-610,234	–	-1.79%	–
WCC	Exit	WESCO INTERNATIONAL INC	$0	–	-856,536	–	-1.86%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-136,041	–	-1.86%	–
CB	Exit	CHUBB LTD	$0	–	-329,249	–	-1.88%	–
DGX	Exit	QUEST DIAGNOSTICS	$0	–	-339,834	–	-1.92%	–
ALE	Exit	ALLETE	$0	–	-751,658	–	-1.92%	–
COF	Exit	CAPITAL ONE FINANCIAL CORP	$0	–	-542,108	–	-1.92%	–
ALXN	Exit	ALEXION PHARMACEUTICALS INC	$0	–	-341,400	–	-1.92%	–
INGR	Exit	INGREDION INC	$0	–	-518,800	–	-1.94%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-128,956	–	-1.98%	–
ANTM	Exit	ANTHEM INC	$0	–	-150,951	–	-2.00%	–
LH	Exit	LABORATORY CRP OF AMER HLDGS	$0	–	-216,768	–	-2.01%	–
WBS	Exit	WEBSTER FINANCIAL CORP - CT	$0	–	-1,564,061	–	-2.04%	–
CRI	Exit	CARTER'S INC	$0	–	-478,913	–	-2.04%	–
TSN	Exit	TYSON FOODS INC-CL A	$0	–	-708,363	–	-2.08%	–
INTC	Exit	INTEL CORP	$0	–	-821,019	–	-2.10%	–
TPR	Exit	TAPESTRY INC	$0	–	-2,862,998	–	-2.20%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-482,851	–	-2.29%	–
ARW	Exit	ARROW ELECTRONICS INC	$0	–	-604,603	–	-2.34%	–
MSFT	Exit	MICROSOFT CORP.	$0	–	-231,426	–	-2.40%	–
CROX	Exit	CROCS INC	$0	–	-1,177,855	–	-2.48%	–
CIB	Exit	BANCOLOMBIA S.A.-SPONS ADRadr	$0	–	-2,320,990	–	-2.92%	–
CCEP	Exit	COCA-COLA EUROPEAN PARTNERS	$0	–	-3,489,166	–	-6.67%	–
LIN	Exit	LINDE PLC (US SHARES)	$0	–	-598,830	–	-7.03%	–
AMCR	Exit	AMCOR PLC	$0	–	-13,008,844	–	-7.08%	–
BPOP	Exit	POPULAR INC	$0	–	-3,979,060	–	-7.11%	–
INFY	Exit	INFOSYS LTD - SP ADRadr	$0	–	-11,718,879	–	-7.98%	–

Q3 2020

			Value		Shares		↓ Weighting
INFY	Buy	INFOSYS LTD - SP ADRadr	$161,838,000	+43.8%	11,718,879	+0.6%	7.98%	+43.4%
BPOP	Buy	POPULAR INC	$144,321,000	-0.4%	3,979,060	+2.1%	7.11%	-0.7%
AMCR	Buy	AMCOR PLC	$143,748,000	+45.9%	13,008,844	+34.8%	7.08%	+45.4%
LIN	Sell	LINDE PLC (US SHARES)	$142,599,000	-33.9%	598,830	-41.1%	7.03%	-34.1%
CCEP	Buy	COCA-COLA EUROPEAN PARTNERS	$135,415,000	+6.0%	3,489,166	+3.2%	6.67%	+5.7%
CIB	Buy	BANCOLOMBIA S.A.-SPONS ADRadr	$59,301,000	-2.1%	2,320,990	+0.8%	2.92%	-2.4%
CROX	Sell	CROCS INC	$50,330,000	-17.0%	1,177,855	-28.5%	2.48%	-17.3%
MSFT	Buy	MICROSOFT CORP.	$48,676,000	+11.0%	231,426	+7.4%	2.40%	+10.7%
ARW	Buy	ARROW ELECTRONICS INC	$47,558,000	+22.4%	604,603	+6.9%	2.34%	+22.1%
JPM	Buy	JPMORGAN CHASE & CO	$46,484,000	+8.0%	482,851	+5.6%	2.29%	+7.7%
TPR	New	TAPESTRY INC	$44,749,000	–	2,862,998	–	2.20%	–
INTC	New	INTEL CORP	$42,512,000	–	821,019	–	2.10%	–
TSN	Sell	TYSON FOODS INC-CL A	$42,133,000	-37.7%	708,363	-37.4%	2.08%	-37.9%
CRI	Buy	CARTER'S INC	$41,464,000	+18.9%	478,913	+10.8%	2.04%	+18.5%
WBS	Buy	WEBSTER FINANCIAL CORP - CT	$41,307,000	+52.8%	1,564,061	+65.6%	2.04%	+52.4%
LH	Sell	LABORATORY CRP OF AMER HLDGS	$40,811,000	+12.9%	216,768	-0.4%	2.01%	+12.5%
ANTM	Buy	ANTHEM INC	$40,544,000	+106.4%	150,951	+102.1%	2.00%	+105.8%
UNH	Buy	UNITEDHEALTH GROUP INC	$40,205,000	+79.2%	128,956	+69.5%	1.98%	+78.6%
INGR	New	INGREDION INC	$39,263,000	–	518,800	–	1.94%	–
ALXN	New	ALEXION PHARMACEUTICALS INC	$39,066,000	–	341,400	–	1.92%	–
COF	Buy	CAPITAL ONE FINANCIAL CORP	$38,956,000	+28.1%	542,108	+11.6%	1.92%	+27.7%
ALE	Buy	ALLETE	$38,891,000	+6.2%	751,658	+12.1%	1.92%	+5.9%
DGX	Sell	QUEST DIAGNOSTICS	$38,908,000	-1.4%	339,834	-1.8%	1.92%	-1.7%
CB	Buy	CHUBB LTD	$38,232,000	+78.9%	329,249	+95.0%	1.88%	+78.2%
NEE	Sell	NEXTERA ENERGY INC	$37,760,000	+12.1%	136,041	-3.0%	1.86%	+11.8%
WCC	Buy	WESCO INTERNATIONAL INC	$37,705,000	+32.0%	856,536	+5.3%	1.86%	+31.6%
VZ	Buy	VERIZON COMMUNICATIONS	$36,303,000	+20.3%	610,234	+11.4%	1.79%	+19.9%
GD	Buy	GENERAL DYNAMICS CORP.	$36,240,000	+5.6%	261,793	+14.1%	1.79%	+5.3%
IBOC	Buy	INTERNATIONAL BANCSHARES CORP	$35,460,000	-11.9%	1,360,706	+8.2%	1.75%	-12.2%
SAIC	New	SCIENCE APPLICATIONS INTE	$33,768,000	–	430,600	–	1.66%	–
BEN	Buy	FRANKLIN RESOURCES INC	$30,308,000	+6.9%	1,489,324	+10.2%	1.49%	+6.6%
MPC	Buy	MARATHON PETROLEUM CORP	$30,153,000	-11.3%	1,027,694	+13.0%	1.49%	-11.5%
ABCB	Buy	AMERIS BANCORP	$29,035,000	+8.1%	1,274,565	+11.9%	1.43%	+7.8%
MTB	Buy	M & T BANK CORP	$26,033,000	+1.8%	282,694	+14.9%	1.28%	+1.5%
AVT	Buy	AVNET INC	$22,515,000	+10.2%	871,318	+18.9%	1.11%	+9.9%
HPE	Buy	HEWLETT PACKARD ENTERPRISE CO.	$16,570,000	+17.1%	1,768,426	+21.6%	0.82%	+16.7%
BRKL	Buy	BROOKLINE BANCORP INC	$11,163,000	-6.3%	1,291,286	+9.3%	0.55%	-6.6%
DCOM	Buy	DIME COMMUNITY BANCSHARES INC	$10,824,000	-8.6%	956,994	+11.0%	0.53%	-8.9%
CATC	Buy	CAMBRIDGE BANCORP	$10,226,000	-2.6%	192,357	+8.5%	0.50%	-2.9%
PFC	Buy	PREMIER FINANCIAL CORP	$8,326,000	-1.3%	534,583	+12.0%	0.41%	-1.7%
ABBV	Sell	ABBVIE INC	$7,937,000	-11.1%	90,615	-0.3%	0.39%	-11.3%
CBAN	Sell	COLONY BANKCORP INC.	$4,169,000	-11.8%	387,850	-3.4%	0.20%	-12.4%
EXP	Sell	EAGLE MATERIALS INC	$1,761,000	+4.1%	20,400	-15.4%	0.09%	+3.6%
HTGC	Buy	HERCULES CAPITAL INC.	$1,739,000	+13.4%	150,298	+2.7%	0.09%	+13.2%
MKSI	Sell	MKS INSTRUMENTS INC	$1,202,000	-15.8%	11,000	-12.7%	0.06%	-16.9%
WGO	Sell	WINNEBAGO INDUSTRIES	$1,042,000	-28.8%	20,167	-8.2%	0.05%	-29.2%
FNB	Sell	FNB CORP	$1,007,000	-14.7%	148,480	-5.6%	0.05%	-13.8%
NTUS	Sell	NATUS MEDICAL INC	$792,000	-60.0%	46,220	-49.1%	0.04%	-60.2%
CW	New	CURTISS-WRIGHT CORP	$671,000	–	7,200	–	0.03%	–
BAP	Buy	CREDICORP LTD	$335,000	+0.3%	2,700	+8.0%	0.02%	0.0%
EEFT	New	EURONET WORLDWIDE INC	$346,000	–	3,800	–	0.02%	–
	Exit	INTEGRATED DIAGNOSTICS HOLDINGS PLC	$0	–	-43,165	–	-0.01%	–
	Exit	SAMSUNG ELECTRONICS PFD N/V-GDRadr	$0	–	-170	–	-0.01%	–
MIDD	Exit	MIDDLEBY CORP	$0	–	-4,300	–	-0.02%	–
DAL	Exit	DELTA AIR LINES	$0	–	-922,400	–	-1.28%	–
HRB	Exit	H&R BLOCK	$0	–	-1,874,300	–	-1.32%	–
DRI	Exit	DARDEN RESTAURANTS INC	$0	–	-454,700	–	-1.70%	–
LB	Exit	L BRANDS INC	$0	–	-2,411,268	–	-1.78%	–
CPRI	Exit	CAPRI HOLDINGS LTD	$0	–	-5,675,800	–	-4.39%	–
RYAAY	Exit	RYANAIR HOLDINGS PLC-SP ADRadr	$0	–	-1,443,400	–	-4.73%	–

Q2 2020

			Value		Shares		↓ Weighting
LIN	New	LINDE PLC (US SHARES)	$215,641,000	–	1,016,647	–	10.66%	–
BPOP	New	POPULAR INC	$144,917,000	–	3,898,771	–	7.16%	–
CCEP	New	COCA-COLA EUROPEAN PARTNERS	$127,701,000	–	3,381,918	–	6.31%	–
INFY	New	INFOSYS LTD - SP ADRadr	$112,512,000	–	11,647,240	–	5.56%	–
AMCR	New	AMCOR PLC	$98,539,000	–	9,651,200	–	4.87%	–
RYAAY	New	RYANAIR HOLDINGS PLC-SP ADRadr	$95,755,000	–	1,443,400	–	4.73%	–
CPRI	New	CAPRI HOLDINGS LTD	$88,713,000	–	5,675,800	–	4.39%	–
TSN	New	TYSON FOODS INC-CL A	$67,593,000	–	1,132,015	–	3.34%	–
CROX	New	CROCS INC	$60,649,000	–	1,647,162	–	3.00%	–
CIB	New	BANCOLOMBIA S.A.-SPONS ADRadr	$60,552,000	–	2,301,490	–	2.99%	–
MSFT	New	MICROSOFT CORP.	$43,838,000	–	215,409	–	2.17%	–
JPM	New	JPMORGAN CHASE & CO	$43,024,000	–	457,407	–	2.13%	–
IBOC	New	INTERNATIONAL BANCSHARES CORP	$40,249,000	–	1,257,009	–	1.99%	–
DGX	New	QUEST DIAGNOSTICS	$39,448,000	–	346,156	–	1.95%	–
ARW	New	ARROW ELECTRONICS INC	$38,844,000	–	565,500	–	1.92%	–
ALE	New	ALLETE	$36,624,000	–	670,650	–	1.81%	–
LH	New	LABORATORY CRP OF AMER HLDGS	$36,146,000	–	217,600	–	1.79%	–
LB	New	L BRANDS INC	$36,097,000	–	2,411,268	–	1.78%	–
CRI	New	CARTER'S INC	$34,870,000	–	432,090	–	1.72%	–
DRI	New	DARDEN RESTAURANTS INC	$34,453,000	–	454,700	–	1.70%	–
GD	New	GENERAL DYNAMICS CORP.	$34,306,000	–	229,530	–	1.70%	–
MPC	New	MARATHON PETROLEUM CORP	$33,991,000	–	909,344	–	1.68%	–
NEE	New	NEXTERA ENERGY INC	$33,675,000	–	140,214	–	1.66%	–
COF	New	CAPITAL ONE FINANCIAL CORP	$30,399,000	–	485,677	–	1.50%	–
VZ	New	VERIZON COMMUNICATIONS	$30,187,000	–	547,568	–	1.49%	–
WCC	New	WESCO INTERNATIONAL INC	$28,554,000	–	813,270	–	1.41%	–
BEN	New	FRANKLIN RESOURCES INC	$28,352,000	–	1,352,027	–	1.40%	–
WBS	New	WEBSTER FINANCIAL CORP - CT	$27,026,000	–	944,635	–	1.34%	–
ABCB	New	AMERIS BANCORP	$26,861,000	–	1,138,669	–	1.33%	–
HRB	New	H&R BLOCK	$26,765,000	–	1,874,300	–	1.32%	–
DAL	New	DELTA AIR LINES	$25,873,000	–	922,400	–	1.28%	–
MTB	New	M & T BANK CORP	$25,577,000	–	246,000	–	1.26%	–
UNH	New	UNITEDHEALTH GROUP INC	$22,438,000	–	76,075	–	1.11%	–
CB	New	CHUBB LTD	$21,375,000	–	168,811	–	1.06%	–
AVT	New	AVNET INC	$20,428,000	–	732,579	–	1.01%	–
ANTM	New	ANTHEM INC	$19,643,000	–	74,694	–	0.97%	–
HPE	New	HEWLETT PACKARD ENTERPRISE CO.	$14,152,000	–	1,454,431	–	0.70%	–
BRKL	New	BROOKLINE BANCORP INC	$11,911,000	–	1,181,665	–	0.59%	–
DCOM	New	DIME COMMUNITY BANCSHARES INC	$11,838,000	–	862,218	–	0.58%	–
CATC	New	CAMBRIDGE BANCORP	$10,504,000	–	177,312	–	0.52%	–
ABBV	New	ABBVIE INC	$8,928,000	–	90,931	–	0.44%	–
PFC	New	PREMIER FINANCIAL CORP	$8,437,000	–	477,500	–	0.42%	–
CBAN	New	COLONY BANKCORP INC.	$4,727,000	–	401,650	–	0.23%	–
SPFI	New	SOUTH PLAINS FINANCIAL INC	$3,194,000	–	224,300	–	0.16%	–
OFG	New	OFG BANCORP	$2,891,000	–	216,200	–	0.14%	–
TGLS	New	TECNOGLASS INC	$2,146,000	–	393,764	–	0.11%	–
NTUS	New	NATUS MEDICAL INC	$1,980,000	–	90,720	–	0.10%	–
SAFM	New	SANDERSON FARMS INC	$1,756,000	–	15,150	–	0.09%	–
BBSI	New	BARRETT BUSINESS SVCS INC	$1,743,000	–	32,800	–	0.09%	–
EXP	New	EAGLE MATERIALS INC	$1,692,000	–	24,100	–	0.08%	–
UIHC	New	UNITED INSURANCE HOLDINGS CO	$1,673,000	–	213,951	–	0.08%	–
KFRC	New	KFORCE INC	$1,685,000	–	57,594	–	0.08%	–
EVTC	New	EVERTEC INC	$1,596,000	–	56,800	–	0.08%	–
RBB	New	RBB BANCORP	$1,531,000	–	112,162	–	0.08%	–
HTGC	New	HERCULES CAPITAL INC.	$1,533,000	–	146,372	–	0.08%	–
BGSF	New	BG STAFFING INC	$1,488,000	–	131,443	–	0.07%	–
WGO	New	WINNEBAGO INDUSTRIES	$1,463,000	–	21,967	–	0.07%	–
MKSI	New	MKS INSTRUMENTS INC	$1,427,000	–	12,600	–	0.07%	–
CPSI	New	COMPUTER PROGRAMS & SYSTEMS	$1,410,000	–	61,850	–	0.07%	–
NSIT	New	INSIGHT ENTERPRISES INC	$1,384,000	–	28,127	–	0.07%	–
CSGS	New	CSG SYSTEMS INTL INC	$1,296,000	–	31,300	–	0.06%	–
JOUT	New	JOHNSON OUTDOORS INC-A	$1,265,000	–	13,900	–	0.06%	–
BOKF	New	BOK FINANCIAL CORPORATION	$1,268,000	–	22,464	–	0.06%	–
VEC	New	VECTRUS INC	$1,184,000	–	24,100	–	0.06%	–
FNB	New	FNB CORP	$1,180,000	–	157,280	–	0.06%	–
MMS	New	MAXIMUS INC	$1,169,000	–	16,600	–	0.06%	–
NSP	New	INSPERITY INC	$1,094,000	–	16,900	–	0.05%	–
ABG	New	ASBURY AUTOMOTIVE GROUP	$1,071,000	–	13,846	–	0.05%	–
RBC	New	REGAL BELOIT CORP	$1,082,000	–	12,389	–	0.05%	–
AIT	New	APPLIED INDUSTRIAL TECH INC	$1,042,000	–	16,700	–	0.05%	–
HDS	New	HD SUPPLY HOLDINGS INC	$1,029,000	–	29,700	–	0.05%	–
KNX	New	KNIGHT-SWIFT TRANSPORTATION	$1,022,000	–	24,494	–	0.05%	–
OSK	New	OSHKOSH CORP	$1,010,000	–	14,100	–	0.05%	–
DRQ	New	DRIL-QUIP INC	$1,004,000	–	33,700	–	0.05%	–
PBCT	New	PEOPLE'S UNITED FINANCIAL	$1,020,000	–	88,171	–	0.05%	–
BHB	New	BAR HARBOR BANKSHARES	$972,000	–	43,400	–	0.05%	–
DOC	New	PHYSICIANS REALTY TRUST	$903,000	–	51,522	–	0.04%	–
FANG	New	DIAMONDBACK ENERGY INC	$869,000	–	20,770	–	0.04%	–
BMTC	New	BRYN MAWR BANK CORP	$845,000	–	30,546	–	0.04%	–
CENTA	New	CENTRAL GARDEN AND PET CO-A	$770,000	–	22,800	–	0.04%	–
CPF	New	CENTRAL PACIFIC FINANCIAL CO	$699,000	–	43,583	–	0.04%	–
SSB	New	SOUTH STATE CORP	$704,000	–	14,761	–	0.04%	–
PETS	New	PETMED EXPRESS INC	$666,000	–	18,700	–	0.03%	–
DECK	New	DECKERS OUTDOOR CORP	$668,000	–	3,400	–	0.03%	–
PAHC	New	PHIBRO ANIMAL HEALTH CORP-A	$670,000	–	25,500	–	0.03%	–
CBT	New	CABOT CORP	$677,000	–	18,273	–	0.03%	–
LCII	New	LCI INDUSTRIES	$667,000	–	5,800	–	0.03%	–
TNET	New	TRINET GROUP INC	$585,000	–	9,600	–	0.03%	–
INDB	New	INDEPENDENT BANK CORP/MA	$513,000	–	7,639	–	0.02%	–
FOE	New	FERRO CORP	$510,000	–	42,735	–	0.02%	–
AL	New	AIR LEASE CORP	$407,000	–	13,900	–	0.02%	–
CNK	New	CINEMARK HOLDINGS INC	$363,000	–	31,458	–	0.02%	–
BAP	New	CREDICORP LTD	$334,000	–	2,500	–	0.02%	–
MIDD	New	MIDDLEBY CORP	$339,000	–	4,300	–	0.02%	–
EPR	New	EPR PROPERTIES	$302,000	–	9,110	–	0.02%	–
CHCO	New	CITY HOLDING CO	$273,000	–	4,195	–	0.01%	–
	New	SAMSUNG ELECTRONICS COMMON-GDRadr	$191,000	–	173	–	0.01%	–
	New	INTEGRATED DIAGNOSTICS HOLDINGS PLC	$165,000	–	43,165	–	0.01%	–
	New	SAMSUNG ELECTRONICS PFD N/V-GDRadr	$164,000	–	170	–	0.01%	–
FSEA	New	FIRST SEACOAST BANCORP	$92,000	–	15,000	–	0.01%	–
NVS	New	NOVARTIS AG-ADRadr	$44,000	–	500	–	0.00%	–
MEOH	New	METHANEX CORPORATION (US SHARES)	$23,000	–	1,250	–	0.00%	–

Q4 2019

			Value		Shares		↓ Weighting
MEOH	Exit	METHANEX CORPORATION (US SHARES)	$0	–	-950	–	-0.00%	–
NVS	Exit	NOVARTIS AG-ADR	$0	–	-500	–	-0.00%	–
FSEA	Exit	FIRST SEACOAST BANCORP	$0	–	-15,000	–	-0.01%	–
	Exit	SAMSUNG ELECTRONICS PFD N/V-GDRadr	$0	–	-170	–	-0.01%	–
	Exit	SAMSUNG ELECTRONICS COMMON-GDRadr	$0	–	-238	–	-0.01%	–
UBNK	Exit	UNITED FINANCIAL BANCORP INC	$0	–	-19,348	–	-0.01%	–
CHCO	Exit	CITY HOLDING CO	$0	–	-4,195	–	-0.01%	–
INDB	Exit	INDEPENDENT BANK CORP/MA	$0	–	-7,639	–	-0.03%	–
BOKF	Exit	BOK FINANCIAL CORPORATION	$0	–	-11,964	–	-0.04%	–
BHB	Exit	BAR HARBOR BANKSHARES	$0	–	-43,400	–	-0.05%	–
PBCT	Exit	PEOPLE'S UNITED FINANCIAL	$0	–	-71,242	–	-0.05%	–
SSB	Exit	SOUTH STATE CORP	$0	–	-14,761	–	-0.05%	–
BGSF	Exit	BG STAFFING INC	$0	–	-59,000	–	-0.05%	–
FOE	Exit	FERRO CORP	$0	–	-134,035	–	-0.07%	–
BELFB	Exit	BEL FUSE INC - CL B	$0	–	-111,100	–	-0.08%	–
PAHC	Exit	PHIBRO ANIMAL HEALTH CORP-A	$0	–	-83,900	–	-0.08%	–
PETS	Exit	PETMED EXPRESS INC	$0	–	-118,500	–	-0.10%	–
FANG	Exit	DIAMONDBACK ENERGY INC	$0	–	-24,070	–	-0.10%	–
CPSI	Exit	COMPUTER PROGRAMS & SYSTEMS	$0	–	-99,250	–	-0.10%	–
BMTC	Exit	BRYN MAWR BANK CORP	$0	–	-61,746	–	-0.10%	–
GBX	Exit	GREENBRIER COMPANIES INC	$0	–	-75,100	–	-0.10%	–
CPF	Exit	CENTRAL PACIFIC FINANCIAL CO	$0	–	-79,983	–	-0.10%	–
FNB	Exit	FNB CORP	$0	–	-197,580	–	-0.10%	–
DECK	Exit	DECKERS OUTDOOR CORP	$0	–	-15,900	–	-0.10%	–
NSIT	Exit	INSIGHT ENTERPRISES INC	$0	–	-42,427	–	-0.11%	–
EPR	Exit	EPR PROPERTIES	$0	–	-31,110	–	-0.11%	–
DOC	Exit	PHYSICIANS REALTY TRUST	$0	–	-136,022	–	-0.11%	–
UNVR	Exit	UNIVAR SOLUTIONS INC	$0	–	-115,497	–	-0.11%	–
CENTA	Exit	CENTRAL GARDEN AND PET CO-A	$0	–	-91,200	–	-0.11%	–
EVTC	Exit	EVERTEC INC	$0	–	-82,200	–	-0.12%	–
CNK	Exit	CINEMARK HOLDINGS INC	$0	–	-67,791	–	-0.12%	–
NTUS	Exit	NATUS MEDICAL INC	$0	–	-83,120	–	-0.12%	–
UIHC	Exit	UNITED INSURANCE HOLDINGS CO	$0	–	-190,851	–	-0.12%	–
KNX	Exit	KNIGHT-SWIFT TRANSPORTATION	$0	–	-77,594	–	-0.13%	–
HTGC	Exit	HERCULES CAPITAL INC.	$0	–	-213,603	–	-0.13%	–
RBB	Exit	RBB BANCORP	$0	–	-148,497	–	-0.13%	–
RBC	Exit	REGAL BELOIT CORP	$0	–	-40,200	–	-0.13%	–
SAFM	Exit	SANDERSON FARMS INC	$0	–	-19,800	–	-0.14%	–
WGO	Exit	WINNEBAGO INDUSTRIES	$0	–	-79,200	–	-0.14%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP	$0	–	-29,646	–	-0.14%	–
KFRC	Exit	KFORCE INC	$0	–	-83,294	–	-0.14%	–
DRQ	Exit	DRIL-QUIP INC	$0	–	-66,300	–	-0.15%	–
AL	Exit	AIR LEASE CORP	$0	–	-79,100	–	-0.15%	–
CBT	Exit	CABOT CORP	$0	–	-74,500	–	-0.15%	–
SPFI	Exit	SOUTH PLAINS FINANCIAL INC	$0	–	-211,600	–	-0.16%	–
TGLS	Exit	TECNOGLASS INC	$0	–	-431,328	–	-0.16%	–
CBPX	Exit	CONTINENTAL BUILDING PRODUCT	$0	–	-141,800	–	-0.17%	–
CATC	Exit	CAMBRIDGE BANCORP	$0	–	-55,512	–	-0.19%	–
OFG	Exit	OFG BANCORP	$0	–	-239,000	–	-0.24%	–
EWY	Exit	ISHARES MSCI SOUTH KOREA CAP	$0	–	-107,300	–	-0.27%	–
CBAN	Exit	COLONY BANKCORP INC.	$0	–	-401,650	–	-0.28%	–
BRKL	Exit	BROOKLINE BANCORP INC	$0	–	-1,143,340	–	-0.76%	–
HPE	Exit	HEWLETT PACKARD ENTERPRISE CO.	$0	–	-1,215,465	–	-0.83%	–
DCOM	Exit	DIME COMMUNITY BANCSHARES INC	$0	–	-938,583	–	-0.90%	–
LB	Exit	L BRANDS INC	$0	–	-1,234,868	–	-1.09%	–
BEN	Exit	FRANKLIN RESOURCES INC	$0	–	-1,268,504	–	-1.64%	–
CRI	Exit	CARTER'S INC	$0	–	-407,501	–	-1.67%	–
WBS	Exit	WEBSTER FINANCIAL CORP - CT	$0	–	-838,819	–	-1.77%	–
WCC	Exit	WESCO INTERNATIONAL INC	$0	–	-834,658	–	-1.79%	–
GD	Exit	GENERAL DYNAMICS CORP.	$0	–	-224,015	–	-1.84%	–
COF	Exit	CAPITAL ONE FINANCIAL CORP	$0	–	-469,178	–	-1.92%	–
ABCB	Exit	AMERIS BANCORP	$0	–	-1,086,465	–	-1.96%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-201,142	–	-1.96%	–
SJM	Exit	JM SMUCKER CO/THE	$0	–	-400,336	–	-1.98%	–
TSN	Exit	TYSON FOODS INC-CL A	$0	–	-511,520	–	-1.98%	–
AVT	Exit	AVNET INC	$0	–	-1,043,360	–	-2.08%	–
AGN	Exit	ALLERGAN PLC	$0	–	-281,153	–	-2.13%	–
IBOC	Exit	INTERNATIONAL BANCSHARES CORP	$0	–	-1,235,102	–	-2.14%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-796,804	–	-2.16%	–
ANTM	Exit	ANTHEM INC	$0	–	-202,820	–	-2.19%	–
DGX	Exit	QUEST DIAGNOSTICS	$0	–	-460,079	–	-2.21%	–
CB	Exit	CHUBB LTD	$0	–	-309,166	–	-2.24%	–
WU	Exit	WESTERN UNION CO.	$0	–	-2,180,128	–	-2.27%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-859,306	–	-2.35%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-444,529	–	-2.35%	–
ALE	Exit	ALLETE	$0	–	-643,149	–	-2.53%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-273,012	–	-2.86%	–
MSFT	Exit	MICROSOFT CORP.	$0	–	-463,952	–	-2.90%	–
CIB	Exit	BANCOLOMBIA S.A.-SPONS ADRadr	$0	–	-1,982,190	–	-4.40%	–
BBL	Exit	BHP GROUP PLC - ADR (UK)adr	$0	–	-4,817,934	–	-9.27%	–
INFY	Exit	INFOSYS LTD - SP ADRadr	$0	–	-18,230,718	–	-9.31%	–
	Exit	LINDE PLC (US SHARES)	$0	–	-1,072,331	–	-9.33%	–
BPOP	Exit	POPULAR INC	$0	–	-4,045,971	–	-9.83%	–

Q3 2019

			Value		Shares		↓ Weighting
BPOP	Sell	POPULAR INC	$218,806,000	-3.6%	4,045,971	-3.3%	9.83%	+2.7%
	Sell	LINDE PLC (US SHARES)	$207,732,000	-26.2%	1,072,331	-23.5%	9.33%	-21.4%
INFY	Sell	INFOSYS LTD - SP ADRadr	$207,283,000	-7.0%	18,230,718	-12.5%	9.31%	-0.9%
BBL	Buy	BHP GROUP PLC - ADR (UK)adr	$206,400,000	-15.6%	4,817,934	+0.7%	9.27%	-10.0%
CIB	Buy	BANCOLOMBIA S.A.-SPONS ADRadr	$98,019,000	-2.5%	1,982,190	+0.6%	4.40%	+3.8%
MSFT	Sell	MICROSOFT CORP.	$64,503,000	-2.7%	463,952	-6.3%	2.90%	+3.6%
NEE	Buy	NEXTERA ENERGY INC	$63,609,000	+15.2%	273,012	+1.3%	2.86%	+22.7%
ALE	Buy	ALLETE	$56,218,000	+7.5%	643,149	+2.3%	2.53%	+14.5%
JPM	Sell	JPMORGAN CHASE & CO	$52,317,000	+5.1%	444,529	-0.2%	2.35%	+12.0%
MPC	Buy	MARATHON PETROLEUM CORP	$52,203,000	+11.0%	859,306	+2.1%	2.35%	+18.2%
WU	Buy	WESTERN UNION CO.	$50,514,000	+23.3%	2,180,128	+5.8%	2.27%	+31.4%
CB	Buy	CHUBB LTD	$49,912,000	+20.6%	309,166	+10.0%	2.24%	+28.5%
DGX	Buy	QUEST DIAGNOSTICS	$49,242,000	+7.8%	460,079	+2.5%	2.21%	+14.8%
ANTM	Buy	ANTHEM INC	$48,697,000	-14.4%	202,820	+0.6%	2.19%	-8.8%
VZ	Buy	VERIZON COMMUNICATIONS	$48,095,000	+8.0%	796,804	+2.3%	2.16%	+15.1%
IBOC	Sell	INTERNATIONAL BANCSHARES CORP	$47,700,000	+2.0%	1,235,102	-0.4%	2.14%	+8.7%
AGN	Buy	ALLERGAN PLC	$47,315,000	+2.5%	281,153	+2.0%	2.13%	+9.2%
AVT	Buy	AVNET INC	$46,414,000	+0.8%	1,043,360	+2.6%	2.08%	+7.4%
TSN	Sell	TYSON FOODS INC-CL A	$44,062,000	-15.8%	511,520	-21.1%	1.98%	-10.3%
SJM	Buy	JM SMUCKER CO/THE	$44,045,000	+4.9%	400,336	+9.9%	1.98%	+11.8%
ABCB	Sell	AMERIS BANCORP	$43,719,000	+2.1%	1,086,465	-0.6%	1.96%	+8.7%
UNH	Buy	UNITEDHEALTH GROUP INC	$43,712,000	-10.4%	201,142	+0.6%	1.96%	-4.6%
COF	Buy	CAPITAL ONE FINANCIAL CORP	$42,686,000	+3.3%	469,178	+3.1%	1.92%	+10.1%
GD	Buy	GENERAL DYNAMICS CORP.	$40,934,000	+2.3%	224,015	+1.8%	1.84%	+8.9%
WCC	Buy	WESCO INTERNATIONAL INC	$39,872,000	+1.7%	834,658	+7.8%	1.79%	+8.3%
WBS	Buy	WEBSTER FINANCIAL CORP - CT	$39,315,000	-0.0%	838,819	+1.9%	1.77%	+6.5%
CRI	Sell	CARTER'S INC	$37,168,000	-8.3%	407,501	-1.9%	1.67%	-2.3%
BEN	Buy	FRANKLIN RESOURCES INC	$36,609,000	-14.5%	1,268,504	+3.1%	1.64%	-8.9%
LB	Buy	L BRANDS INC	$24,191,000	-23.1%	1,234,868	+2.4%	1.09%	-18.1%
DCOM	Sell	DIME COMMUNITY BANCSHARES INC	$20,095,000	+6.4%	938,583	-5.6%	0.90%	+13.4%
HPE	Buy	HEWLETT PACKARD ENTERPRISE CO.	$18,439,000	+6.5%	1,215,465	+4.9%	0.83%	+13.4%
BRKL	Sell	BROOKLINE BANCORP INC	$16,841,000	-4.5%	1,143,340	-0.2%	0.76%	+1.9%
EWY	New	ISHARES MSCI SOUTH KOREA CAP	$6,045,000	–	107,300	–	0.27%	–
OFG	Sell	OFG BANCORP	$5,234,000	-15.2%	239,000	-8.0%	0.24%	-9.6%
TGLS	Sell	TECNOGLASS INC	$3,507,000	+6.0%	431,328	-15.4%	0.16%	+12.9%
KFRC	Sell	KFORCE INC	$3,151,000	-1.4%	83,294	-8.6%	0.14%	+5.2%
ABG	Sell	ASBURY AUTOMOTIVE GROUP	$3,034,000	-10.2%	29,646	-26.0%	0.14%	-4.2%
HTGC	Buy	HERCULES CAPITAL INC.	$2,856,000	+4.4%	213,603	+0.1%	0.13%	+11.3%
UIHC	Buy	UNITED INSURANCE HOLDINGS CO	$2,670,000	+9.7%	190,851	+11.8%	0.12%	+16.5%
BGSF	New	BG STAFFING INC	$1,127,000	–	59,000	–	0.05%	–
	Sell	SAMSUNG ELECTRONICS COMMON-GDRadr	$242,000	-2.8%	238	-2.9%	0.01%	0.0%
FSEA	New	FIRST SEACOAST BANCORP	$141,000	–	15,000	–	0.01%	–
USCR	Exit	US CONCRETE INC	$0	–	-10,960	–	-0.02%	–
CBM	Exit	CAMBREX CORP	$0	–	-21,397	–	-0.04%	–
TEVA	Exit	TEVA PHARMACEUTICAL - SP ADRadr	$0	–	-2,620,978	–	-1.02%	–

Q2 2019

			Value		Shares		↓ Weighting
	New	LINDE PLC (US SHARES)	$281,488,000	–	1,401,831	–	11.87%	–
BBL	New	BHP GROUP PLC - ADR (UK)adr	$244,446,000	–	4,782,734	–	10.31%	–
BPOP	New	POPULAR INC	$226,906,000	–	4,183,371	–	9.57%	–
INFY	New	INFOSYS LTD - SP ADRadr	$222,862,000	–	20,828,218	–	9.40%	–
CIB	New	BANCOLOMBIA S.A.-SPONS ADRadr	$100,564,000	–	1,970,290	–	4.24%	–
MSFT	New	MICROSOFT CORP.	$66,317,000	–	495,052	–	2.80%	–
ANTM	New	ANTHEM INC	$56,899,000	–	201,620	–	2.40%	–
NEE	New	NEXTERA ENERGY INC	$55,233,000	–	269,612	–	2.33%	–
TSN	New	TYSON FOODS INC-CL A	$52,345,000	–	648,320	–	2.21%	–
ALE	New	ALLETE	$52,302,000	–	628,549	–	2.21%	–
JPM	New	JPMORGAN CHASE & CO	$49,799,000	–	445,429	–	2.10%	–
UNH	New	UNITEDHEALTH GROUP INC	$48,788,000	–	199,942	–	2.06%	–
MPC	New	MARATHON PETROLEUM CORP	$47,046,000	–	841,906	–	1.98%	–
IBOC	New	INTERNATIONAL BANCSHARES CORP	$46,764,000	–	1,240,102	–	1.97%	–
AGN	New	ALLERGAN PLC	$46,153,000	–	275,653	–	1.95%	–
AVT	New	AVNET INC	$46,033,000	–	1,016,860	–	1.94%	–
DGX	New	QUEST DIAGNOSTICS	$45,700,000	–	448,879	–	1.93%	–
VZ	New	VERIZON COMMUNICATIONS	$44,516,000	–	779,204	–	1.88%	–
ABCB	New	AMERIS BANCORP	$42,825,000	–	1,092,765	–	1.81%	–
BEN	New	FRANKLIN RESOURCES INC	$42,804,000	–	1,230,004	–	1.80%	–
SJM	New	JM SMUCKER CO/THE	$41,968,000	–	364,336	–	1.77%	–
CB	New	CHUBB LTD	$41,398,000	–	281,066	–	1.75%	–
COF	New	CAPITAL ONE FINANCIAL CORP	$41,312,000	–	455,278	–	1.74%	–
WU	New	WESTERN UNION CO.	$40,972,000	–	2,059,928	–	1.73%	–
CRI	New	CARTER'S INC	$40,538,000	–	415,601	–	1.71%	–
GD	New	GENERAL DYNAMICS CORP.	$40,021,000	–	220,115	–	1.69%	–
WBS	New	WEBSTER FINANCIAL CORP - CT	$39,320,000	–	823,119	–	1.66%	–
WCC	New	WESCO INTERNATIONAL INC	$39,211,000	–	774,158	–	1.65%	–
LB	New	L BRANDS INC	$31,476,000	–	1,205,968	–	1.33%	–
TEVA	New	TEVA PHARMACEUTICAL - SP ADRadr	$24,192,000	–	2,620,978	–	1.02%	–
DCOM	New	DIME COMMUNITY BANCSHARES INC	$18,880,000	–	994,183	–	0.80%	–
BRKL	New	BROOKLINE BANCORP INC	$17,626,000	–	1,146,040	–	0.74%	–
HPE	New	HEWLETT PACKARD ENTERPRISE CO.	$17,321,000	–	1,158,565	–	0.73%	–
CBAN	New	COLONY BANKCORP INC.	$6,808,000	–	401,650	–	0.29%	–
OFG	New	OFG BANCORP	$6,175,000	–	259,800	–	0.26%	–
CATC	New	CAMBRIDGE BANCORP	$4,524,000	–	55,512	–	0.19%	–
CBPX	New	CONTINENTAL BUILDING PRODUCT	$3,768,000	–	141,800	–	0.16%	–
CBT	New	CABOT CORP	$3,554,000	–	74,500	–	0.15%	–
SPFI	New	SOUTH PLAINS FINANCIAL INC	$3,491,000	–	211,600	–	0.15%	–
ABG	New	ASBURY AUTOMOTIVE GROUP	$3,377,000	–	40,046	–	0.14%	–
TGLS	New	TECNOGLASS INC	$3,309,000	–	509,900	–	0.14%	–
RBC	New	REGAL BELOIT CORP	$3,285,000	–	40,200	–	0.14%	–
AL	New	AIR LEASE CORP	$3,270,000	–	79,100	–	0.14%	–
KFRC	New	KFORCE INC	$3,196,000	–	91,094	–	0.14%	–
DRQ	New	DRIL-QUIP INC	$3,182,000	–	66,300	–	0.13%	–
WGO	New	WINNEBAGO INDUSTRIES	$3,061,000	–	79,200	–	0.13%	–
RBB	New	RBB BANCORP	$2,872,000	–	148,497	–	0.12%	–
DECK	New	DECKERS OUTDOOR CORP	$2,798,000	–	15,900	–	0.12%	–
CPSI	New	COMPUTER PROGRAMS & SYSTEMS	$2,758,000	–	99,250	–	0.12%	–
HTGC	New	HERCULES CAPITAL INC.	$2,736,000	–	213,445	–	0.12%	–
SAFM	New	SANDERSON FARMS INC	$2,704,000	–	19,800	–	0.11%	–
EVTC	New	EVERTEC INC	$2,688,000	–	82,200	–	0.11%	–
PAHC	New	PHIBRO ANIMAL HEALTH CORP-A	$2,666,000	–	83,900	–	0.11%	–
FANG	New	DIAMONDBACK ENERGY INC	$2,623,000	–	24,070	–	0.11%	–
KNX	New	KNIGHT-SWIFT TRANSPORTATION	$2,548,000	–	77,594	–	0.11%	–
UNVR	New	UNIVAR INC	$2,546,000	–	115,497	–	0.11%	–
NSIT	New	INSIGHT ENTERPRISES INC	$2,469,000	–	42,427	–	0.10%	–
UIHC	New	UNITED INSURANCE HOLDINGS CO	$2,433,000	–	170,651	–	0.10%	–
CNK	New	CINEMARK HOLDINGS INC	$2,447,000	–	67,791	–	0.10%	–
CPF	New	CENTRAL PACIFIC FINANCIAL CO	$2,396,000	–	79,983	–	0.10%	–
DOC	New	PHYSICIANS REALTY TRUST	$2,372,000	–	136,022	–	0.10%	–
EPR	New	EPR PROPERTIES	$2,320,000	–	31,110	–	0.10%	–
FNB	New	FNB CORP	$2,326,000	–	197,580	–	0.10%	–
BMTC	New	BRYN MAWR BANK CORP	$2,304,000	–	61,746	–	0.10%	–
GBX	New	GREENBRIER COMPANIES INC	$2,283,000	–	75,100	–	0.10%	–
CENTA	New	CENTRAL GARDEN AND PET CO-A	$2,247,000	–	91,200	–	0.10%	–
NTUS	New	NATUS MEDICAL INC	$2,135,000	–	83,120	–	0.09%	–
FOE	New	FERRO CORP	$2,118,000	–	134,035	–	0.09%	–
BELFB	New	BEL FUSE INC - CL B	$1,908,000	–	111,100	–	0.08%	–
PETS	New	PETMED EXPRESS INC	$1,857,000	–	118,500	–	0.08%	–
PBCT	New	PEOPLE'S UNITED FINANCIAL	$1,195,000	–	71,242	–	0.05%	–
BHB	New	BAR HARBOR BANKSHARES	$1,154,000	–	43,400	–	0.05%	–
SSB	New	SOUTH STATE CORP	$1,087,000	–	14,761	–	0.05%	–
CBM	New	CAMBREX CORP	$1,002,000	–	21,397	–	0.04%	–
BOKF	New	BOK FINANCIAL CORPORATION	$903,000	–	11,964	–	0.04%	–
INDB	New	INDEPENDENT BANK CORP/MA	$582,000	–	7,639	–	0.02%	–
USCR	New	US CONCRETE INC	$545,000	–	10,960	–	0.02%	–
CHCO	New	CITY HOLDING CO	$320,000	–	4,195	–	0.01%	–
UBNK	New	UNITED FINANCIAL BANCORP INC	$274,000	–	19,348	–	0.01%	–
	New	SAMSUNG ELECTRONICS COMMON-GDRgdr	$249,000	–	245	–	0.01%	–
	New	SAMSUNG ELECTRONICS PFD N/V-GDRgdr	$141,000	–	170	–	0.01%	–
NVS	New	NOVARTIS AG-ADRadr	$46,000	–	500	–	0.00%	–
MEOH	New	METHANEX CORPORATION (US SHARES)	$43,000	–	950	–	0.00%	–

Q4 2018

			Value		Shares		↓ Weighting
MEOH	Exit	METHANEX CORPORATION (US SHARES)	$0	–	-750	–	-0.00%	–
NVS	Exit	NOVARTIS AG-ADR	$0	–	-1,000	–	-0.00%	–
	Exit	SAMSUNG ELECTRONICS PFD N/V-GDRadr	$0	–	-340	–	-0.01%	–
UBNK	Exit	UNITED FINANCIAL BANCORP INC	$0	–	-38,696	–	-0.02%	–
CHCO	Exit	CITY HOLDING CO	$0	–	-8,390	–	-0.02%	–
	Exit	SAMSUNG ELECTRONICS COMMON-GDRadr	$0	–	-660	–	-0.02%	–
ADS	Exit	ALLIANCE DATA SYSTEMS CORP	$0	–	-4,510	–	-0.02%	–
BHBK	Exit	BLUE HILLS BANCORP, INC.	$0	–	-66,200	–	-0.04%	–
PAHC	Exit	PHIBRO ANIMAL HEALTH CORP-A	$0	–	-51,000	–	-0.05%	–
EVC	Exit	ENTRAVISION COMMUNICATIONS-A	$0	–	-464,528	–	-0.05%	–
SSB	Exit	SOUTH STATE CORP	$0	–	-29,522	–	-0.06%	–
FBNK	Exit	FIRST CONNECTICUT BANCORP, INC.	$0	–	-82,600	–	-0.06%	–
BHB	Exit	BAR HARBOR BANKSHARES	$0	–	-86,800	–	-0.06%	–
USCR	Exit	US CONCRETE INC	$0	–	-69,920	–	-0.08%	–
EVTC	Exit	EVERTEC INC	$0	–	-147,900	–	-0.08%	–
CATC	Exit	CAMBRIDGE BANCORP	$0	–	-48,964	–	-0.10%	–
DLR	Exit	DIGITAL REALTY TRUST INC	$0	–	-39,632	–	-0.10%	–
KNX	Exit	KNIGHT-SWIFT TRANSPORTATION	$0	–	-138,188	–	-0.11%	–
CPF	Exit	CENTRAL PACIFIC FINANCIAL CO	$0	–	-181,566	–	-0.11%	–
NCS	Exit	NCI BUILDING SYSTEMS INC	$0	–	-324,688	–	-0.12%	–
MPAA	Exit	MOTORCAR PARTS OF AMERICA INC	$0	–	-213,228	–	-0.12%	–
FNB	Exit	FNB CORP	$0	–	-392,560	–	-0.12%	–
HTGC	Exit	HERCULES CAPITAL INC.	$0	–	-386,030	–	-0.12%	–
BMTC	Exit	BRYN MAWR BANK CORP	$0	–	-108,292	–	-0.12%	–
OFG	Exit	OFG BANCORP	$0	–	-312,800	–	-0.12%	–
CPSI	Exit	COMPUTER PROGRAMS & SYSTEMS	$0	–	-192,900	–	-0.12%	–
COBZ	Exit	COBIZ FINANCIAL INC	$0	–	-236,018	–	-0.12%	–
DOC	Exit	PHYSICIANS REALTY TRUST	$0	–	-316,444	–	-0.12%	–
EPR	Exit	EPR PROPERTIES	$0	–	-79,820	–	-0.13%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP	$0	–	-80,092	–	-0.13%	–
FANG	Exit	DIAMONDBACK ENERGY INC	$0	–	-40,540	–	-0.13%	–
DECK	Exit	DECKERS OUTDOOR CORP	$0	–	-47,000	–	-0.13%	–
SAFM	Exit	SANDERSON FARMS INC	$0	–	-54,200	–	-0.13%	–
NTUS	Exit	NATUS MEDICAL INC	$0	–	-158,840	–	-0.13%	–
DRQ	Exit	DRIL-QUIP INC	$0	–	-112,000	–	-0.14%	–
AL	Exit	AIR LEASE CORP	$0	–	-128,000	–	-0.14%	–
BELFB	Exit	BEL FUSE INC - CL B	$0	–	-222,200	–	-0.14%	–
CBM	Exit	CAMBREX CORP	$0	–	-87,194	–	-0.14%	–
GBX	Exit	GREENBRIER COMPANIES INC	$0	–	-105,000	–	-0.15%	–
UIHC	Exit	UNITED INSURANCE HOLDINGS CO	$0	–	-285,502	–	-0.15%	–
KFRC	Exit	KFORCE INC	$0	–	-170,188	–	-0.15%	–
RBC	Exit	REGAL BELOIT CORP	$0	–	-80,400	–	-0.15%	–
NSIT	Exit	INSIGHT ENTERPRISES INC	$0	–	-122,654	–	-0.16%	–
CNK	Exit	CINEMARK HOLDINGS INC	$0	–	-165,582	–	-0.16%	–
NXEO	Exit	NEXEO SOLUTIONS INC	$0	–	-553,600	–	-0.16%	–
FOE	Exit	FERRO CORP	$0	–	-293,670	–	-0.16%	–
RBB	Exit	RBB BANCORP	$0	–	-285,664	–	-0.16%	–
CBPX	Exit	CONTINENTAL BUILDING PRODUCT	$0	–	-188,600	–	-0.16%	–
IDTI	Exit	INTEGRATED DEVICE TECH INC	$0	–	-156,678	–	-0.17%	–
DLX	Exit	DELUXE CORP	$0	–	-151,800	–	-0.20%	–
CBAN	Exit	COLONY BANKCORP INC.	$0	–	-744,300	–	-0.31%	–
HPE	Exit	HEWLETT PACKARD ENTERPRISE CO.	$0	–	-2,059,530	–	-0.78%	–
DCOM	Exit	DIME COMMUNITY BANCSHARES INC	$0	–	-1,928,166	–	-0.80%	–
CB	Exit	CHUBB LTD	$0	–	-277,066	–	-0.86%	–
BRKL	Exit	BROOKLINE BANCORP INC	$0	–	-2,272,680	–	-0.88%	–
AGN	Exit	ALLERGAN PLC	$0	–	-249,853	–	-1.11%	–
XRX	Exit	XEROX CORP	$0	–	-2,588,300	–	-1.63%	–
BEN	Exit	FRANKLIN RESOURCES INC	$0	–	-2,333,808	–	-1.65%	–
SJM	Exit	JM SMUCKER CO/THE	$0	–	-708,072	–	-1.69%	–
TSN	Exit	TYSON FOODS INC-CL A	$0	–	-1,278,440	–	-1.77%	–
WU	Exit	WESTERN UNION CO.	$0	–	-4,058,256	–	-1.80%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-1,480,408	–	-1.84%	–
CRI	Exit	CARTER'S INC	$0	–	-815,202	–	-1.87%	–
LB	Exit	L BRANDS INC	$0	–	-2,676,936	–	-1.89%	–
COF	Exit	CAPITAL ONE FINANCIAL CORP	$0	–	-898,356	–	-1.99%	–
AVT	Exit	AVNET INC	$0	–	-1,924,120	–	-2.01%	–
GD	Exit	GENERAL DYNAMICS CORP.	$0	–	-433,630	–	-2.07%	–
WEB	Exit	WEB.COM GROUP INC	$0	–	-3,277,900	–	-2.13%	–
WCC	Exit	WESCO INTERNATIONAL INC	$0	–	-1,490,116	–	-2.13%	–
ALE	Exit	ALLETE	$0	–	-1,224,098	–	-2.14%	–
DGX	Exit	QUEST DIAGNOSTICS	$0	–	-854,758	–	-2.15%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-550,824	–	-2.15%	–
WBS	Exit	WEBSTER FINANCIAL CORP - CT	$0	–	-1,582,438	–	-2.17%	–
PX	Exit	PRAXAIR INC.	$0	–	-586,536	–	-2.20%	–
ABCB	Exit	AMERIS BANCORP	$0	–	-2,095,330	–	-2.23%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-858,058	–	-2.26%	–
IBOC	Exit	INTERNATIONAL BANCSHARES CORP	$0	–	-2,355,204	–	-2.47%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-401,484	–	-2.49%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-1,363,012	–	-2.54%	–
ANTM	Exit	ANTHEM INC	$0	–	-404,240	–	-2.58%	–
MSFT	Exit	MICROSOFT CORP.	$0	–	-978,304	–	-2.61%	–
CIB	Exit	BANCOLOMBIA S.A.-SPONS ADRadr	$0	–	-3,880,980	–	-3.77%	–
BPOP	Exit	POPULAR INC	$0	–	-4,008,671	–	-4.79%	–
INFY	Exit	INFOSYS LTD - SP ADRadr	$0	–	-39,964,636	–	-9.47%	–
BBL	Exit	BHP BILLITON PLC - ADR (UK)adr	$0	–	-9,297,068	–	-9.52%	–
TEVA	Exit	TEVA PHARMACEUTICAL - SP ADRadr	$0	–	-19,822,076	–	-9.95%	–

Q3 2018

			Value		Shares		↓ Weighting
TEVA	Buy	TEVA PHARMACEUTICAL - SP ADRadr	$426,968,000	+93.1%	19,822,076	+118.0%	9.95%	-2.7%
BBL	Buy	BHP BILLITON PLC - ADR (UK)adr	$408,886,000	+111.8%	9,297,068	+116.4%	9.52%	+6.7%
INFY	Buy	INFOSYS LTD - SP ADRadr	$406,440,000	+116.2%	39,964,636	+313.1%	9.47%	+8.9%
BPOP	Buy	POPULAR INC	$205,444,000	+14.4%	4,008,671	+0.9%	4.79%	-42.4%
CIB	Buy	BANCOLOMBIA S.A.-SPONS ADRadr	$161,914,000	+74.6%	3,880,980	+100.0%	3.77%	-12.1%
MSFT	Buy	MICROSOFT CORP.	$111,888,000	+139.7%	978,304	+106.7%	2.61%	+20.8%
ANTM	Buy	ANTHEM INC	$110,782,000	+142.4%	404,240	+110.5%	2.58%	+22.1%
MPC	Buy	MARATHON PETROLEUM CORP	$109,000,000	+142.3%	1,363,012	+112.6%	2.54%	+22.1%
UNH	Buy	UNITEDHEALTH GROUP INC	$106,810,000	+128.2%	401,484	+110.5%	2.49%	+15.0%
IBOC	Buy	INTERNATIONAL BANCSHARES CORP	$105,984,000	+124.0%	2,355,204	+113.0%	2.47%	+12.8%
JPM	Buy	JPMORGAN CHASE & CO	$96,824,000	+130.7%	858,058	+113.0%	2.26%	+16.2%
ABCB	Buy	AMERIS BANCORP	$95,756,000	+84.8%	2,095,330	+115.8%	2.23%	-6.9%
PX	Buy	PRAXAIR INC.	$94,274,000	+120.0%	586,536	+116.5%	2.20%	+10.8%
WBS	Buy	WEBSTER FINANCIAL CORP - CT	$93,300,000	+99.0%	1,582,438	+115.1%	2.17%	+0.2%
NEE	Buy	NEXTERA ENERGY INC	$92,318,000	+117.9%	550,824	+117.2%	2.15%	+9.8%
DGX	Buy	QUEST DIAGNOSTICS	$92,236,000	+111.6%	854,758	+115.6%	2.15%	+6.6%
ALE	Buy	ALLETE	$91,820,000	+110.8%	1,224,098	+117.6%	2.14%	+6.2%
WCC	Buy	WESCO INTERNATIONAL INC	$91,568,000	+135.8%	1,490,116	+119.1%	2.13%	+18.8%
WEB	Buy	WEB.COM GROUP INC	$91,454,000	+81.7%	3,277,900	+68.3%	2.13%	-8.5%
GD	Buy	GENERAL DYNAMICS CORP.	$88,772,000	+142.9%	433,630	+121.2%	2.07%	+22.4%
AVT	Buy	AVNET INC	$86,142,000	+124.7%	1,924,120	+115.3%	2.01%	+13.2%
COF	Buy	CAPITAL ONE FINANCIAL CORP	$85,280,000	+124.7%	898,356	+117.6%	1.99%	+13.2%
LB	Buy	L BRANDS INC	$81,112,000	+100.5%	2,676,936	+144.1%	1.89%	+1.1%
CRI	Buy	CARTER'S INC	$80,378,000	+99.0%	815,202	+118.7%	1.87%	+0.2%
VZ	Buy	VERIZON COMMUNICATIONS	$79,038,000	+134.0%	1,480,408	+120.5%	1.84%	+17.9%
WU	Buy	WESTERN UNION CO.	$77,350,000	+107.6%	4,058,256	+121.5%	1.80%	+4.6%
TSN	Buy	TYSON FOODS INC-CL A	$76,106,000	+91.5%	1,278,440	+121.5%	1.77%	-3.5%
SJM	Buy	JM SMUCKER CO/THE	$72,656,000	+113.7%	708,072	+123.8%	1.69%	+7.6%
BEN	Buy	FRANKLIN RESOURCES INC	$70,972,000	+111.2%	2,333,808	+122.6%	1.65%	+6.4%
XRX	Buy	XEROX CORP	$69,832,000	+128.2%	2,588,300	+103.0%	1.63%	+15.0%
AGN	Sell	ALLERGAN PLC	$47,592,000	+11.8%	249,853	-2.1%	1.11%	-43.6%
BRKL	Buy	BROOKLINE BANCORP INC	$37,954,000	+86.5%	2,272,680	+107.7%	0.88%	-6.1%
CB	Buy	CHUBB LTD	$37,027,000	+16.5%	277,066	+10.7%	0.86%	-41.3%
DCOM	Buy	DIME COMMUNITY BANCSHARES INC	$34,418,000	+99.8%	1,928,166	+118.3%	0.80%	+0.6%
HPE	Buy	HEWLETT PACKARD ENTERPRISE CO.	$33,590,000	+155.8%	2,059,530	+129.1%	0.78%	+28.8%
CBAN	Buy	COLONY BANKCORP INC.	$13,248,000	+110.7%	744,300	+100.0%	0.31%	+6.2%
DLX	Buy	DELUXE CORP	$8,644,000	+298.0%	151,800	+362.8%	0.20%	+101.0%
IDTI	Buy	INTEGRATED DEVICE TECH INC	$7,366,000	+195.0%	156,678	+100.0%	0.17%	+49.6%
CBPX	Buy	CONTINENTAL BUILDING PRODUCT	$7,082,000	+116.2%	188,600	+81.7%	0.16%	+9.3%
RBB	Buy	RBB BANCORP	$6,998,000	+71.6%	285,664	+125.1%	0.16%	-13.8%
FOE	Buy	FERRO CORP	$6,820,000	+214.7%	293,670	+182.6%	0.16%	+59.0%
NXEO	New	NEXEO SOLUTIONS INC	$6,782,000	–	553,600	–	0.16%	–
CNK	Buy	CINEMARK HOLDINGS INC	$6,656,000	+293.6%	165,582	+243.6%	0.16%	+98.7%
NSIT	Buy	INSIGHT ENTERPRISES INC	$6,634,000	+121.1%	122,654	+100.0%	0.16%	+11.5%
RBC	Buy	REGAL BELOIT CORP	$6,628,000	+158.9%	80,400	+156.9%	0.15%	+30.5%
KFRC	Buy	KFORCE INC	$6,400,000	+55.9%	170,188	+42.2%	0.15%	-21.6%
UIHC	Buy	UNITED INSURANCE HOLDINGS CO	$6,390,000	+128.6%	285,502	+100.0%	0.15%	+15.5%
GBX	Buy	GREENBRIER COMPANIES INC	$6,310,000	+127.9%	105,000	+100.0%	0.15%	+14.8%
CBM	Buy	CAMBREX CORP	$5,964,000	+161.6%	87,194	+100.0%	0.14%	+32.4%
BELFB	Buy	BEL FUSE INC - CL B	$5,888,000	+193.5%	222,200	+131.5%	0.14%	+47.3%
AL	Buy	AIR LEASE CORP	$5,872,000	+118.6%	128,000	+100.0%	0.14%	+10.5%
DRQ	Buy	DRIL-QUIP INC	$5,852,000	+103.3%	112,000	+100.0%	0.14%	+2.3%
NTUS	Buy	NATUS MEDICAL INC	$5,662,000	+147.8%	158,840	+139.9%	0.13%	+24.5%
SAFM	New	SANDERSON FARMS INC	$5,602,000	–	54,200	–	0.13%	–
DECK	Buy	DECKERS OUTDOOR CORP	$5,574,000	+46.5%	47,000	+39.5%	0.13%	-26.1%
FANG	Buy	DIAMONDBACK ENERGY INC	$5,480,000	+149.9%	40,540	+143.2%	0.13%	+26.7%
ABG	Buy	ASBURY AUTOMOTIVE GROUP	$5,506,000	+100.6%	80,092	+100.0%	0.13%	+0.8%
EPR	Buy	EPR PROPERTIES	$5,460,000	+94.1%	79,820	+83.9%	0.13%	-2.3%
DOC	Buy	PHYSICIANS REALTY TRUST	$5,336,000	+111.6%	316,444	+100.0%	0.12%	+6.0%
COBZ	Buy	COBIZ FINANCIAL INC	$5,226,000	+106.2%	236,018	+100.0%	0.12%	+4.3%
CPSI	Buy	COMPUTER PROGRAMS & SYSTEMS	$5,180,000	+63.3%	192,900	+100.0%	0.12%	-17.7%
BMTC	Buy	BRYN MAWR BANK CORP	$5,078,000	+102.6%	108,292	+100.0%	0.12%	+1.7%
HTGC	Buy	HERCULES CAPITAL INC.	$5,080,000	+112.8%	386,030	+104.6%	0.12%	+7.3%
MPAA	Buy	MOTORCAR PARTS OF AMERICA INC	$5,000,000	+150.6%	213,228	+100.0%	0.12%	+26.1%
FNB	Buy	FNB CORP	$4,994,000	+122.2%	392,560	+134.4%	0.12%	+11.5%
NCS	Buy	NCI BUILDING SYSTEMS INC	$4,920,000	+67.1%	324,688	+131.5%	0.12%	-15.4%
CPF	Buy	CENTRAL PACIFIC FINANCIAL CO	$4,798,000	+99.7%	181,566	+116.5%	0.11%	+0.9%
KNX	Buy	KNIGHT-SWIFT TRANSPORTATION	$4,764,000	+80.5%	138,188	+100.0%	0.11%	-9.0%
DLR	Buy	DIGITAL REALTY TRUST INC	$4,458,000	+101.6%	39,632	+100.0%	0.10%	+2.0%
CATC	Buy	CAMBRIDGE BANCORP	$4,406,000	+107.9%	48,964	+100.0%	0.10%	+5.1%
EVTC	Sell	EVERTEC INC	$3,564,000	-14.2%	147,900	-22.2%	0.08%	-56.8%
USCR	Buy	US CONCRETE INC	$3,206,000	+119.1%	69,920	+151.0%	0.08%	+10.3%
BHB	Buy	BAR HARBOR BANKSHARES	$2,492,000	+89.5%	86,800	+100.0%	0.06%	-4.9%
FBNK	Buy	FIRST CONNECTICUT BANCORP, INC.	$2,440,000	+93.0%	82,600	+100.0%	0.06%	-1.7%
SSB	Buy	SOUTH STATE CORP	$2,420,000	+90.1%	29,522	+100.0%	0.06%	-5.1%
EVC	Buy	ENTRAVISION COMMUNICATIONS-A	$2,276,000	+96.0%	464,528	+100.0%	0.05%	-1.9%
PAHC	Sell	PHIBRO ANIMAL HEALTH CORP-A	$2,188,000	-38.1%	51,000	-33.6%	0.05%	-68.9%
BHBK	Buy	BLUE HILLS BANCORP, INC.	$1,596,000	+117.1%	66,200	+100.0%	0.04%	+8.8%
ADS	Buy	ALLIANCE DATA SYSTEMS CORP	$1,066,000	+102.7%	4,510	+100.0%	0.02%	+4.2%
	Sell	SAMSUNG ELECTRONICS COMMON-GDRadr	$692,000	-79.0%	660	-79.0%	0.02%	-89.5%
UBNK	Buy	UNITED FINANCIAL BANCORP INC	$652,000	+92.3%	38,696	+100.0%	0.02%	-6.2%
CHCO	Buy	CITY HOLDING CO	$644,000	+103.8%	8,390	+100.0%	0.02%	0.0%
	Buy	SAMSUNG ELECTRONICS PFD N/V-GDRadr	$288,000	+101.4%	340	+100.0%	0.01%	0.0%
NVS	Buy	NOVARTIS AG-ADR	$86,000	+126.3%	1,000	+100.0%	0.00%	0.0%
MEOH	Sell	METHANEX CORPORATION (US SHARES)	$59,000	-63.8%	750	-67.4%	0.00%	-87.5%
EDR	Exit	EDUCATION REALTY TRUST INC	$0	–	-73,357	–	-0.14%	–
EWY	Exit	ISHARES MSCI SOUTH KOREA CAP	$0	–	-127,100	–	-0.40%	–

Q2 2018

			Value		Shares		↓ Weighting
TEVA	New	TEVA PHARMACEUTICAL - SP ADRadr	$221,144,000	–	9,093,074	–	10.23%	–
BBL	New	BHP BILLITON PLC - ADR (UK)adr	$193,082,000	–	4,295,488	–	8.93%	–
INFY	New	INFOSYS LTD - SP ADRadr	$187,983,000	–	9,674,874	–	8.69%	–
BPOP	New	POPULAR INC	$179,570,000	–	3,971,907	–	8.30%	–
CIB	New	BANCOLOMBIA S.A.-SPONS ADRadr	$92,736,000	–	1,940,890	–	4.29%	–
ABCB	New	AMERIS BANCORP	$51,812,000	–	971,168	–	2.40%	–
WEB	New	WEB.COM GROUP INC	$50,342,000	–	1,947,474	–	2.33%	–
IBOC	New	INTERNATIONAL BANCSHARES CORP	$47,320,000	–	1,105,605	–	2.19%	–
WBS	New	WEBSTER FINANCIAL CORP - CT	$46,873,000	–	735,841	–	2.17%	–
UNH	New	UNITEDHEALTH GROUP INC	$46,800,000	–	190,755	–	2.16%	–
MSFT	New	MICROSOFT CORP.	$46,672,000	–	473,302	–	2.16%	–
ANTM	New	ANTHEM INC	$45,701,000	–	191,996	–	2.11%	–
MPC	New	MARATHON PETROLEUM CORP	$44,985,000	–	641,182	–	2.08%	–
DGX	New	QUEST DIAGNOSTICS	$43,591,000	–	396,497	–	2.02%	–
ALE	New	ALLETE	$43,551,000	–	562,600	–	2.01%	–
PX	New	PRAXAIR INC.	$42,851,000	–	270,953	–	1.98%	–
AGN	New	ALLERGAN PLC	$42,550,000	–	255,219	–	1.97%	–
NEE	New	NEXTERA ENERGY INC	$42,363,000	–	253,626	–	1.96%	–
JPM	New	JPMORGAN CHASE & CO	$41,972,000	–	402,800	–	1.94%	–
LB	New	L BRANDS INC	$40,446,000	–	1,096,700	–	1.87%	–
CRI	New	CARTER'S INC	$40,399,000	–	372,721	–	1.87%	–
TSN	New	TYSON FOODS INC-CL A	$39,740,000	–	577,200	–	1.84%	–
WCC	New	WESCO INTERNATIONAL INC	$38,829,000	–	680,011	–	1.80%	–
AVT	New	AVNET INC	$38,335,000	–	893,800	–	1.77%	–
COF	New	CAPITAL ONE FINANCIAL CORP	$37,949,000	–	412,934	–	1.76%	–
WU	New	WESTERN UNION CO.	$37,251,000	–	1,832,316	–	1.72%	–
GD	New	GENERAL DYNAMICS CORP.	$36,540,000	–	196,020	–	1.69%	–
SJM	New	JM SMUCKER CO/THE	$34,007,000	–	316,404	–	1.57%	–
VZ	New	VERIZON COMMUNICATIONS	$33,773,000	–	671,296	–	1.56%	–
BEN	New	FRANKLIN RESOURCES INC	$33,607,000	–	1,048,592	–	1.55%	–
CB	New	CHUBB LTD	$31,792,000	–	250,291	–	1.47%	–
XRX	New	XEROX CORP	$30,606,000	–	1,275,250	–	1.42%	–
BRKL	New	BROOKLINE BANCORP INC	$20,356,000	–	1,094,392	–	0.94%	–
DCOM	New	DIME COMMUNITY BANCSHARES INC	$17,224,000	–	883,289	–	0.80%	–
HPE	New	HEWLETT PACKARD ENTERPRISE CO.	$13,133,000	–	898,900	–	0.61%	–
EWY	New	ISHARES MSCI SOUTH KOREA CAP	$8,606,000	–	127,100	–	0.40%	–
CBAN	New	COLONY BANKCORP INC.	$6,289,000	–	372,150	–	0.29%	–
OFG	New	OFG BANCORP	$4,395,000	–	312,800	–	0.20%	–
EVTC	New	EVERTEC INC	$4,154,000	–	190,100	–	0.19%	–
KFRC	New	KFORCE INC	$4,106,000	–	119,694	–	0.19%	–
RBB	New	RBB BANCORP	$4,077,000	–	126,932	–	0.19%	–
DECK	New	DECKERS OUTDOOR CORP	$3,804,000	–	33,700	–	0.18%	–
PAHC	New	PHIBRO ANIMAL HEALTH CORP-A	$3,537,000	–	76,800	–	0.16%	–
	New	SAMSUNG ELECTRONICS COMMON-GDRadr	$3,290,000	–	3,148	–	0.15%	–
CBPX	New	CONTINENTAL BUILDING PRODUCT	$3,275,000	–	103,800	–	0.15%	–
CPSI	New	COMPUTER PROGRAMS & SYSTEMS	$3,173,000	–	96,450	–	0.15%	–
EDR	New	EDUCATION REALTY TRUST INC	$3,044,000	–	73,357	–	0.14%	–
NSIT	New	INSIGHT ENTERPRISES INC	$3,001,000	–	61,327	–	0.14%	–
NCS	New	NCI BUILDING SYSTEMS INC	$2,945,000	–	140,244	–	0.14%	–
DRQ	New	DRIL-QUIP INC	$2,878,000	–	56,000	–	0.13%	–
EPR	New	EPR PROPERTIES	$2,813,000	–	43,410	–	0.13%	–
UIHC	New	UNITED INSURANCE HOLDINGS CO	$2,795,000	–	142,751	–	0.13%	–
GBX	New	GREENBRIER COMPANIES INC	$2,769,000	–	52,500	–	0.13%	–
ABG	New	ASBURY AUTOMOTIVE GROUP	$2,745,000	–	40,046	–	0.13%	–
AL	New	AIR LEASE CORP	$2,686,000	–	64,000	–	0.12%	–
KNX	New	KNIGHT-SWIFT TRANSPORTATION	$2,640,000	–	69,094	–	0.12%	–
RBC	New	REGAL BELOIT CORP	$2,560,000	–	31,300	–	0.12%	–
COBZ	New	COBIZ FINANCIAL INC	$2,535,000	–	118,009	–	0.12%	–
DOC	New	PHYSICIANS REALTY TRUST	$2,522,000	–	158,222	–	0.12%	–
BMTC	New	BRYN MAWR BANK CORP	$2,507,000	–	54,146	–	0.12%	–
IDTI	New	INTEGRATED DEVICE TECH INC	$2,497,000	–	78,339	–	0.12%	–
CPF	New	CENTRAL PACIFIC FINANCIAL CO	$2,403,000	–	83,883	–	0.11%	–
HTGC	New	HERCULES CAPITAL INC.	$2,387,000	–	188,658	–	0.11%	–
NTUS	New	NATUS MEDICAL INC	$2,285,000	–	66,220	–	0.11%	–
CBM	New	CAMBREX CORP	$2,280,000	–	43,597	–	0.10%	–
FNB	New	FNB CORP	$2,248,000	–	167,480	–	0.10%	–
DLR	New	DIGITAL REALTY TRUST INC	$2,211,000	–	19,816	–	0.10%	–
FANG	New	DIAMONDBACK ENERGY INC	$2,193,000	–	16,670	–	0.10%	–
FOE	New	FERRO CORP	$2,167,000	–	103,935	–	0.10%	–
DLX	New	DELUXE CORP	$2,172,000	–	32,800	–	0.10%	–
CATC	New	CAMBRIDGE BANCORP	$2,119,000	–	24,482	–	0.10%	–
BELFB	New	BEL FUSE INC - CL B	$2,006,000	–	96,000	–	0.09%	–
MPAA	New	MOTORCAR PARTS OF AMERICA INC	$1,995,000	–	106,614	–	0.09%	–
CNK	New	CINEMARK HOLDINGS INC	$1,691,000	–	48,191	–	0.08%	–
USCR	New	US CONCRETE INC	$1,463,000	–	27,860	–	0.07%	–
BHB	New	BAR HARBOR BANKSHARES	$1,315,000	–	43,400	–	0.06%	–
SSB	New	SOUTH STATE CORP	$1,273,000	–	14,761	–	0.06%	–
FBNK	New	FIRST CONNECTICUT BANCORP, INC.	$1,264,000	–	41,300	–	0.06%	–
EVC	New	ENTRAVISION COMMUNICATIONS-A	$1,161,000	–	232,264	–	0.05%	–
BHBK	New	BLUE HILLS BANCORP, INC.	$735,000	–	33,100	–	0.03%	–
ADS	New	ALLIANCE DATA SYSTEMS CORP	$526,000	–	2,255	–	0.02%	–
UBNK	New	UNITED FINANCIAL BANCORP INC	$339,000	–	19,348	–	0.02%	–
CHCO	New	CITY HOLDING CO	$316,000	–	4,195	–	0.02%	–
MEOH	New	METHANEX CORPORATION (US SHARES)	$163,000	–	2,300	–	0.01%	–
	New	SAMSUNG ELECTRONICS PFD N/V-GDRadr	$143,000	–	170	–	0.01%	–
NVS	New	NOVARTIS AG-ADR	$38,000	–	500	–	0.00%	–

Q4 2017

			Value		Shares		↓ Weighting
NVS	Exit	NOVARTIS AG-ADRadr	$0	–	-500	–	-0.00%	–
MEOH	Exit	METHANEX CORPORATION (US SHARES)	$0	–	-2,300	–	-0.01%	–
CHCO	Exit	CITY HOLDING CO	$0	–	-4,195	–	-0.02%	–
	Exit	SAMSUNG ELECTRONICS PFD N/V-GDRgdr	$0	–	-370	–	-0.02%	–
UBNK	Exit	UNITED FINANCIAL BANCORP INC	$0	–	-19,348	–	-0.02%	–
ADS	Exit	ALLIANCE DATA SYSTEMS CORP	$0	–	-2,255	–	-0.03%	–
BHBK	Exit	BLUE HILLS BANCORP, INC.	$0	–	-33,100	–	-0.04%	–
NCMI	Exit	NATIONAL CINEMEDIA INC	$0	–	-147,295	–	-0.06%	–
CATM	Exit	CARDTRONICS PLC	$0	–	-46,183	–	-0.06%	–
SIR	Exit	SELECT INCOME REIT	$0	–	-45,722	–	-0.06%	–
FBNK	Exit	FIRST CONNECTICUT BANCORP, INC.	$0	–	-41,300	–	-0.06%	–
CBM	Exit	CAMBREX CORP	$0	–	-21,397	–	-0.07%	–
SAVE	Exit	SPIRIT AIRLINES INC	$0	–	-38,998	–	-0.07%	–
PSTB	Exit	PARK STERLING CORP	$0	–	-105,438	–	-0.07%	–
FANG	Exit	DIAMONDBACK ENERGY INC	$0	–	-16,670	–	-0.09%	–
FNB	Exit	FNB CORP	$0	–	-117,880	–	-0.09%	–
CATC	Exit	CAMBRIDGE BANCORP	$0	–	-24,482	–	-0.10%	–
CNK	Exit	CINEMARK HOLDINGS INC	$0	–	-48,191	–	-0.10%	–
EDR	Exit	EDUCATION REALTY TRUST INC	$0	–	-48,957	–	-0.10%	–
HTGC	Exit	HERCULES CAPITAL INC.	$0	–	-137,210	–	-0.10%	–
MSCC	Exit	MICROSEMI CORP	$0	–	-34,728	–	-0.10%	–
COBZ	Exit	COBIZ FINANCIAL INC	$0	–	-103,909	–	-0.11%	–
DOC	Exit	PHYSICIANS REALTY TRUST	$0	–	-115,622	–	-0.12%	–
USCR	Exit	US CONCRETE INC	$0	–	-27,860	–	-0.12%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP	$0	–	-35,546	–	-0.12%	–
NCS	Exit	NCI BUILDING SYSTEMS INC	$0	–	-140,244	–	-0.12%	–
UIHC	Exit	UNITED INSURANCE HOLDINGS CO	$0	–	-142,751	–	-0.13%	–
BMTC	Exit	BRYN MAWR BANK CORP	$0	–	-54,146	–	-0.13%	–
KFRC	Exit	KFORCE INC	$0	–	-119,694	–	-0.14%	–
MPAA	Exit	MOTORCAR PARTS OF AMERICA INC	$0	–	-83,806	–	-0.14%	–
NTUS	Exit	NATUS MEDICAL INC	$0	–	-66,220	–	-0.14%	–
OFG	Exit	OFG BANCORP	$0	–	-271,100	–	-0.14%	–
EVC	Exit	ENTRAVISION COMMUNICATIONS-A	$0	–	-436,364	–	-0.14%	–
GBX	Exit	GREENBRIER COMPANIES INC	$0	–	-52,500	–	-0.14%	–
MFGP	Exit	MICRO FOCUS INTL - SPN ADRsponsored adr	$0	–	-80,770	–	-0.14%	–
CPF	Exit	CENTRAL PACIFIC FINANCIAL CO	$0	–	-83,883	–	-0.15%	–
CBPX	Exit	CONTINENTAL BUILDING PRODUCT	$0	–	-103,800	–	-0.15%	–
AL	Exit	AIR LEASE CORP	$0	–	-64,000	–	-0.15%	–
CPSI	Exit	COMPUTER PROGRAMS & SYSTEMS	$0	–	-96,450	–	-0.16%	–
PAHC	Exit	PHIBRO ANIMAL HEALTH CORP-A	$0	–	-76,800	–	-0.16%	–
KNX	Exit	KNIGHT-SWIFT TRANSPORTATION	$0	–	-69,094	–	-0.16%	–
IDTI	Exit	INTEGRATED DEVICE TECH INC	$0	–	-107,839	–	-0.16%	–
DECK	Exit	DECKERS OUTDOOR CORP	$0	–	-42,000	–	-0.16%	–
BELFB	Exit	BEL FUSE INC - CL B	$0	–	-96,000	–	-0.17%	–
EVTC	Exit	EVERTEC INC	$0	–	-190,100	–	-0.17%	–
EPR	Exit	EPR PROPERTIES	$0	–	-43,410	–	-0.17%	–
DLR	Exit	DIGITAL REALTY TRUST INC	$0	–	-26,816	–	-0.18%	–
FOE	Exit	FERRO CORP	$0	–	-188,035	–	-0.23%	–
CBAN	Exit	COLONY BANKCORP INC.	$0	–	-372,150	–	-0.29%	–
CNDT	Exit	CONDUENT INC	$0	–	-427,800	–	-0.38%	–
	Exit	SAMSUNG ELECTRONICS COMMON-GDRgdr	$0	–	-6,660	–	-0.42%	–
HPE	Exit	HEWLETT PACKARD ENTERPRISE CO.	$0	–	-612,600	–	-0.50%	–
PNFP	Exit	PINNACLE FINANCIAL PARTNERS	$0	–	-223,209	–	-0.84%	–
BRKL	Exit	BROOKLINE BANCORP INC	$0	–	-1,123,292	–	-0.97%	–
DCOM	Exit	DIME COMMUNITY BANCSHARES INC	$0	–	-949,789	–	-1.14%	–
AGN	Exit	ALLERGAN PLC	$0	–	-120,419	–	-1.38%	–
VRNT	Exit	VERIZON COMMUNICATIONS	$0	–	-534,196	–	-1.48%	–
SJM	Exit	JM SMUCKER CO/THE	$0	–	-267,104	–	-1.57%	–
XRX	Exit	XEROX CORP	$0	–	-856,550	–	-1.59%	–
RGC	Exit	REGAL ENTERTAINMENT GROUP - A	$0	–	-1,784,001	–	-1.60%	–
WU	Exit	WESTERN UNION CO.	$0	–	-1,702,516	–	-1.83%	–
CB	Exit	CHUBB LTD	$0	–	-229,491	–	-1.83%	–
AVT	Exit	AVNET INC	$0	–	-848,200	–	-1.86%	–
WBS	Exit	WEBSTER FINANCIAL CORP - CT	$0	–	-648,741	–	-1.91%	–
COF	Exit	CAPITAL ONE FINANCIAL CORP	$0	–	-414,234	–	-1.96%	–
DGX	Exit	QUEST DIAGNOSTICS	$0	–	-377,297	–	-1.98%	–
ALE	Exit	ALLETE	$0	–	-477,800	–	-2.06%	–
CRI	Exit	CARTER'S INC	$0	–	-379,621	–	-2.10%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-256,126	–	-2.10%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-675,582	–	-2.12%	–
WCC	Exit	WESCO INTERNATIONAL INC	$0	–	-664,711	–	-2.16%	–
IBOC	Exit	INTERNATIONAL BANCSHARES CORP	$0	–	-978,005	–	-2.19%	–
MSFT	Exit	MICROSOFT CORP.	$0	–	-529,602	–	-2.20%	–
PX	Exit	PRAXAIR INC.	$0	–	-282,553	–	-2.21%	–
GD	Exit	GENERAL DYNAMICS CORP.	$0	–	-194,420	–	-2.23%	–
BEN	Exit	FRANKLIN RESOURCES INC	$0	–	-911,792	–	-2.27%	–
ANTM	Exit	ANTHEM INC	$0	–	-215,496	–	-2.29%	–
TSN	Exit	TYSON FOODS INC-CL A	$0	–	-607,900	–	-2.39%	–
WEB	Exit	WEB.COM GROUP INC	$0	–	-1,738,274	–	-2.43%	–
ABCB	Exit	AMERIS BANCORP	$0	–	-923,768	–	-2.48%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-509,300	–	-2.72%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-248,655	–	-2.72%	–
SBRCY	Exit	SBERBANK - SPONSORED ADRsponsored adr	$0	–	-4,817,959	–	-3.83%	–
TEVA	Exit	TEVA PHARMACEUTICAL - SP ADRsponsored adr	$0	–	-3,987,337	–	-3.92%	–
CIB	Exit	BANCOLOMBIA S.A.-SPONS ADRsponsored adr	$0	–	-1,944,690	–	-4.98%	–
INFY	Exit	INFOSYS LTD - SP ADRsponsored adr	$0	–	-8,110,028	–	-6.62%	–
BPOP	Exit	POPULAR INC	$0	–	-3,385,407	–	-6.80%	–
BBL	Exit	BHP BILLITON PLC - ADR (UK)adr	$0	–	-4,241,988	–	-8.41%	–

Q3 2017

			Value		Shares		↓ Weighting
BBL	Buy	BHP BILLITON PLC - ADR (UK)adr	$150,378,000	+18.1%	4,241,988	+2.5%	8.41%	+12.2%
BPOP	Buy	POPULAR INC	$121,672,000	-7.4%	3,385,407	+7.5%	6.80%	-12.1%
INFY	Buy	INFOSYS LTD - SP ADRsponsored adr	$118,325,000	+1.4%	8,110,028	+4.4%	6.62%	-3.7%
CIB	Sell	BANCOLOMBIA S.A.-SPONS ADRsponsored adr	$89,047,000	-29.5%	1,944,690	-31.4%	4.98%	-33.0%
TEVA	Buy	TEVA PHARMACEUTICAL - SP ADRsponsored adr	$70,177,000	-38.4%	3,987,337	+16.3%	3.92%	-41.5%
SBRCY	Buy	SBERBANK - SPONSORED ADRsponsored adr	$68,584,000	+39.5%	4,817,959	+1.4%	3.83%	+32.4%
UNH	Buy	UNITEDHEALTH GROUP INC	$48,699,000	+12.5%	248,655	+6.6%	2.72%	+6.9%
JPM	Buy	JPMORGAN CHASE & CO	$48,643,000	+11.7%	509,300	+6.9%	2.72%	+6.1%
ABCB	Buy	AMERIS BANCORP	$44,341,000	+10.3%	923,768	+10.7%	2.48%	+4.7%
WEB	Buy	WEB.COM GROUP INC	$43,457,000	+7.7%	1,738,274	+9.0%	2.43%	+2.3%
TSN	Buy	TYSON FOODS INC-CL A	$42,827,000	+1584.1%	607,900	+533.5%	2.39%	+1496.0%
ANTM	Buy	ANTHEM INC	$40,918,000	+9.4%	215,496	+8.3%	2.29%	+3.8%
BEN	Buy	FRANKLIN RESOURCES INC	$40,584,000	+23.5%	911,792	+24.3%	2.27%	+17.3%
GD	Buy	GENERAL DYNAMICS CORP.	$39,969,000	+12.8%	194,420	+8.7%	2.23%	+7.0%
PX	Buy	PRAXAIR INC.	$39,484,000	+23.6%	282,553	+17.3%	2.21%	+17.4%
MSFT	Buy	MICROSOFT CORP.	$39,450,000	+17.4%	529,602	+8.6%	2.20%	+11.4%
IBOC	Buy	INTERNATIONAL BANCSHARES CORP	$39,218,000	+31.7%	978,005	+15.1%	2.19%	+25.0%
WCC	Buy	WESCO INTERNATIONAL INC	$38,719,000	+19.6%	664,711	+17.6%	2.16%	+13.5%
MPC	Buy	MARATHON PETROLEUM CORP	$37,887,000	+23.9%	675,582	+15.6%	2.12%	+17.7%
NEE	Buy	NEXTERA ENERGY INC	$37,535,000	+11.3%	256,126	+6.4%	2.10%	+5.7%
CRI	Buy	CARTER'S INC	$37,488,000	+22.8%	379,621	+10.6%	2.10%	+16.6%
ALE	Buy	ALLETE	$36,929,000	+17.5%	477,800	+9.0%	2.06%	+11.5%
DGX	Buy	QUEST DIAGNOSTICS	$35,330,000	-8.3%	377,297	+8.8%	1.98%	-13.0%
COF	Buy	CAPITAL ONE FINANCIAL CORP	$35,069,000	+17.1%	414,234	+14.3%	1.96%	+11.2%
WBS	Buy	WEBSTER FINANCIAL CORP - CT	$34,091,000	+12.8%	648,741	+12.1%	1.91%	+7.1%
AVT	Buy	AVNET INC	$33,334,000	+22.2%	848,200	+20.9%	1.86%	+16.0%
CB	Buy	CHUBB LTD	$32,714,000	+10.8%	229,491	+13.0%	1.83%	+5.2%
WU	Buy	WESTERN UNION CO.	$32,688,000	+18.9%	1,702,516	+18.0%	1.83%	+12.9%
RGC	Buy	REGAL ENTERTAINMENT GROUP - A	$28,544,000	-3.2%	1,784,001	+23.8%	1.60%	-8.1%
XRX	Buy	XEROX CORP	$28,515,000	+31.9%	856,550	+13.8%	1.59%	+25.2%
SJM	Buy	JM SMUCKER CO/THE	$28,027,000	+7.2%	267,104	+20.9%	1.57%	+1.8%
VRNT	Buy	VERIZON COMMUNICATIONS	$26,437,000	+25.8%	534,196	+13.5%	1.48%	+19.5%
AGN	Buy	ALLERGAN PLC	$24,680,000	+1.0%	120,419	+19.8%	1.38%	-4.1%
DCOM	Buy	DIME COMMUNITY BANCSHARES INC	$20,420,000	+16.2%	949,789	+5.9%	1.14%	+10.3%
BRKL	Buy	BROOKLINE BANCORP INC	$17,411,000	+10.8%	1,123,292	+4.3%	0.97%	+5.2%
PNFP	Sell	PINNACLE FINANCIAL PARTNERS	$14,944,000	-2.2%	223,209	-8.2%	0.84%	-7.1%
HPE	Buy	HEWLETT PACKARD ENTERPRISE CO.	$9,011,000	+6.3%	612,600	+19.9%	0.50%	+1.0%
CBAN	Buy	COLONY BANKCORP INC.	$5,117,000	+1.0%	372,150	+0.6%	0.29%	-4.0%
DLR	New	DIGITAL REALTY TRUST INC	$3,173,000	–	26,816	–	0.18%	–
EVTC	Buy	EVERTEC INC	$3,013,000	+12.6%	190,100	+23.0%	0.17%	+7.0%
KNX	New	KNIGHT-SWIFT TRANSPORTATION	$2,871,000	–	69,094	–	0.16%	–
CBPX	New	CONTINENTAL BUILDING PRODUCT	$2,699,000	–	103,800	–	0.15%	–
MFGP	New	MICRO FOCUS INTL - SPN ADRsponsored adr	$2,577,000	–	80,770	–	0.14%	–
HTGC	Buy	HERCULES CAPITAL INC.	$1,770,000	-0.2%	137,210	+2.4%	0.10%	-4.8%
VZ	Exit	VWR CORP	$0	–	-89,400	–	-0.17%	–
DFT	Exit	DUPONT FABROS TECHNOLOGY	$0	–	-49,205	–	-0.18%	–
SWFT	Exit	SWIFT TRANSPORTATION CO	$0	–	-553,200	–	-2.04%	–

Q2 2017

			Value		Shares		↓ Weighting
BPOP	New	POPULAR INC	$131,374,000	–	3,149,712	–	7.74%	–
BBL	New	BHP BILLITON PLC - ADR (UK)adr	$127,291,000	–	4,138,188	–	7.49%	–
CIB	New	BANCOLOMBIA S.A.-SPONS ADRsponsored adr	$126,277,000	–	2,834,490	–	7.43%	–
INFY	New	INFOSYS LTD - SP ADRsponsored adr	$116,644,000	–	7,765,928	–	6.87%	–
TEVA	New	TEVA PHARMACEUTICAL - SP ADRsponsored adr	$113,849,000	–	3,427,137	–	6.70%	–
SBRCY	New	SBERBANK - SPONSORED ADRsponsored adr	$49,173,000	–	4,751,059	–	2.90%	–
JPM	New	JPMORGAN CHASE & CO	$43,534,000	–	476,300	–	2.56%	–
UNH	New	UNITEDHEALTH GROUP INC	$43,269,000	–	233,355	–	2.55%	–
WEB	New	WEB.COM GROUP INC	$40,348,000	–	1,594,774	–	2.38%	–
ABCB	New	AMERIS BANCORP	$40,217,000	–	834,368	–	2.37%	–
DGX	New	QUEST DIAGNOSTICS	$38,539,000	–	346,697	–	2.27%	–
ANTM	New	ANTHEM INC	$37,418,000	–	198,896	–	2.20%	–
GD	New	GENERAL DYNAMICS CORP.	$35,444,000	–	178,920	–	2.09%	–
SWFT	New	SWIFT TRANSPORTATION CO	$34,647,000	–	553,200	–	2.04%	–
NEE	New	NEXTERA ENERGY INC	$33,719,000	–	240,626	–	1.98%	–
MSFT	New	MICROSOFT CORP.	$33,607,000	–	487,552	–	1.98%	–
BEN	New	FRANKLIN RESOURCES INC	$32,867,000	–	733,792	–	1.94%	–
WCC	New	WESCO INTERNATIONAL INC	$32,381,000	–	565,111	–	1.91%	–
PX	New	PRAXAIR INC.	$31,938,000	–	240,953	–	1.88%	–
ALE	New	ALLETE	$31,432,000	–	438,500	–	1.85%	–
MPC	New	MARATHON PETROLEUM CORP	$30,570,000	–	584,182	–	1.80%	–
CRI	New	CARTER'S INC	$30,532,000	–	343,251	–	1.80%	–
WBS	New	WEBSTER FINANCIAL CORP - CT	$30,222,000	–	578,741	–	1.78%	–
COF	New	CAPITAL ONE FINANCIAL CORP	$29,936,000	–	362,334	–	1.76%	–
IBOC	New	INTERNATIONAL BANCSHARES CORP	$29,772,000	–	849,405	–	1.75%	–
CB	New	CHUBB LTD	$29,525,000	–	203,091	–	1.74%	–
RGC	New	REGAL ENTERTAINMENT GROUP - A	$29,495,000	–	1,441,601	–	1.74%	–
WU	New	WESTERN UNION CO.	$27,486,000	–	1,442,816	–	1.62%	–
AVT	New	AVNET INC	$27,282,000	–	701,700	–	1.61%	–
SJM	New	JM SMUCKER CO/THE	$26,151,000	–	221,004	–	1.54%	–
AGN	New	ALLERGAN PLC	$24,435,000	–	100,519	–	1.44%	–
XRX	New	XEROX CORP	$21,615,000	–	752,350	–	1.27%	–
VRNT	New	VERIZON COMMUNICATIONS	$21,012,000	–	470,496	–	1.24%	–
DCOM	New	DIME COMMUNITY BANCSHARES INC	$17,579,000	–	896,889	–	1.04%	–
BRKL	New	BROOKLINE BANCORP INC	$15,718,000	–	1,076,592	–	0.92%	–
PNFP	New	PINNACLE FINANCIAL PARTNERS	$15,274,000	–	243,209	–	0.90%	–
HPE	New	HEWLETT PACKARD ENTERPRISE CO.	$8,474,000	–	510,800	–	0.50%	–
	New	SAMSUNG ELECTRONICS COMMON-GDRgdr	$6,893,000	–	6,660	–	0.41%	–
CNDT	New	CONDUENT INC	$6,819,000	–	427,800	–	0.40%	–
CBAN	New	COLONY BANKCORP INC.	$5,068,000	–	369,955	–	0.30%	–
FOE	New	FERRO CORP	$3,439,000	–	188,035	–	0.20%	–
CPSI	New	COMPUTER PROGRAMS & SYSTEMS	$3,164,000	–	96,450	–	0.19%	–
EPR	New	EPR PROPERTIES	$3,120,000	–	43,410	–	0.18%	–
DFT	New	DUPONT FABROS TECHNOLOGY	$3,009,000	–	49,205	–	0.18%	–
VZ	New	VWR CORP	$2,951,000	–	89,400	–	0.17%	–
EVC	New	ENTRAVISION COMMUNICATIONS-A	$2,880,000	–	436,364	–	0.17%	–
DECK	New	DECKERS OUTDOOR CORP	$2,867,000	–	42,000	–	0.17%	–
PAHC	New	PHIBRO ANIMAL HEALTH CORP-A	$2,845,000	–	76,800	–	0.17%	–
IDTI	New	INTEGRATED DEVICE TECH INC	$2,781,000	–	107,839	–	0.16%	–
OFG	New	OFG BANCORP	$2,711,000	–	271,100	–	0.16%	–
EVTC	New	EVERTEC INC	$2,675,000	–	154,600	–	0.16%	–
CPF	New	CENTRAL PACIFIC FINANCIAL CO	$2,640,000	–	83,883	–	0.16%	–
TSN	New	TYSON FOODS INC-CL A	$2,543,000	–	95,965	–	0.15%	–
NTUS	New	NATUS MEDICAL INC	$2,470,000	–	66,220	–	0.14%	–
GBX	New	GREENBRIER COMPANIES INC	$2,428,000	–	52,500	–	0.14%	–
AL	New	AIR LEASE CORP	$2,391,000	–	64,000	–	0.14%	–
BELFB	New	BEL FUSE INC - CL B	$2,371,000	–	96,000	–	0.14%	–
MPAA	New	MOTORCAR PARTS OF AMERICA INC	$2,367,000	–	83,806	–	0.14%	–
KFRC	New	KFORCE INC	$2,346,000	–	119,694	–	0.14%	–
NCS	New	NCI BUILDING SYSTEMS INC	$2,342,000	–	140,244	–	0.14%	–
DOC	New	PHYSICIANS REALTY TRUST	$2,329,000	–	115,622	–	0.14%	–
BMTC	New	BRYN MAWR BANK CORP	$2,301,000	–	54,146	–	0.14%	–
UIHC	New	UNITED INSURANCE HOLDINGS CO	$2,245,000	–	142,751	–	0.13%	–
USCR	New	US CONCRETE INC	$2,188,000	–	27,860	–	0.13%	–
SAVE	New	SPIRIT AIRLINES INC	$2,014,000	–	38,998	–	0.12%	–
ABG	New	ASBURY AUTOMOTIVE GROUP	$2,010,000	–	35,546	–	0.12%	–
EDR	New	EDUCATION REALTY TRUST INC	$1,897,000	–	48,957	–	0.11%	–
CNK	New	CINEMARK HOLDINGS INC	$1,872,000	–	48,191	–	0.11%	–
COBZ	New	COBIZ FINANCIAL INC	$1,808,000	–	103,909	–	0.11%	–
HTGC	New	HERCULES CAPITAL INC.	$1,774,000	–	133,995	–	0.10%	–
FNB	New	FNB CORP	$1,669,000	–	117,880	–	0.10%	–
CATC	New	CAMBRIDGE BANCORP	$1,646,000	–	24,482	–	0.10%	–
MSCC	New	MICROSEMI CORP	$1,625,000	–	34,728	–	0.10%	–
CATM	New	CARDTRONICS PLC	$1,518,000	–	46,183	–	0.09%	–
FANG	New	DIAMONDBACK ENERGY INC	$1,480,000	–	16,670	–	0.09%	–
CBM	New	CAMBREX CORP	$1,278,000	–	21,397	–	0.08%	–
PSTB	New	PARK STERLING CORP	$1,253,000	–	105,438	–	0.07%	–
SIR	New	SELECT INCOME REIT	$1,099,000	–	45,722	–	0.06%	–
NCMI	New	NATIONAL CINEMEDIA INC	$1,093,000	–	147,295	–	0.06%	–
FBNK	New	FIRST CONNECTICUT BANCORP, INC.	$1,059,000	–	41,300	–	0.06%	–
BHBK	New	BLUE HILLS BANCORP, INC.	$592,000	–	33,100	–	0.04%	–
ADS	New	ALLIANCE DATA SYSTEMS CORP	$579,000	–	2,255	–	0.03%	–
UBNK	New	UNITED FINANCIAL BANCORP INC	$323,000	–	19,348	–	0.02%	–
	New	SAMSUNG ELECTRONICS PFD N/V-GDRgdr	$305,000	–	370	–	0.02%	–
CHCO	New	CITY HOLDING CO	$276,000	–	4,195	–	0.02%	–
MEOH	New	METHANEX CORPORATION (US SHARES)	$101,000	–	2,300	–	0.01%	–
NVS	New	NOVARTIS AG-ADRadr	$42,000	–	500	–	0.00%	–

Q4 2016

			Value		Shares		↓ Weighting
NVS	Exit	NOVARTIS AG-ADRadr	$0	–	-500	–	-0.00%	–
MEOH	Exit	METHANEX CORPORATION (US SHARES)	$0	–	-4,250	–	-0.01%	–
CHCO	Exit	CITY HOLDING CO	$0	–	-4,195	–	-0.02%	–
	Exit	SAMSUNG ELECTRONICS PFD N/V-GDRgdr	$0	–	-370	–	-0.02%	–
UBNK	Exit	UNITED FINANCIAL BANCORP INC	$0	–	-19,348	–	-0.02%	–
BDN	Exit	BRANDYWINE REALTY TRUST	$0	–	-27,912	–	-0.03%	–
ADS	Exit	ALLIANCE DATA SYSTEMS CORP	$0	–	-2,255	–	-0.04%	–
BHBK	Exit	BLUE HILLS BANCORP, INC.	$0	–	-33,100	–	-0.04%	–
SAVE	Exit	SPIRIT AIRLINES INC	$0	–	-13,226	–	-0.04%	–
NCS	Exit	NCI BUILDING SYSTEMS INC	$0	–	-38,474	–	-0.04%	–
FBNK	Exit	FIRST CONNECTICUT BANCORP, INC.	$0	–	-41,300	–	-0.06%	–
PSTB	Exit	PARK STERLING CORP	$0	–	-105,438	–	-0.07%	–
CBM	Exit	CAMBREX CORP	$0	–	-21,397	–	-0.07%	–
HT	Exit	HERSHA HOSPITALITY TRUST	$0	–	-63,083	–	-0.09%	–
VRNT	Exit	VERINT SYSTEMS INC	$0	–	-30,324	–	-0.09%	–
CATC	Exit	CAMBRIDGE BANCORP	$0	–	-24,482	–	-0.10%	–
USCR	Exit	US CONCRETE INC	$0	–	-26,760	–	-0.10%	–
SIR	Exit	SELECT INCOME REIT	$0	–	-45,722	–	-0.10%	–
MPAA	Exit	MOTORCAR PARTS OF AMERICA INC	$0	–	-43,206	–	-0.10%	–
LXFT	Exit	LUXOFT HOLDING INC	$0	–	-26,281	–	-0.11%	–
COBZ	Exit	COBIZ FINANCIAL INC	$0	–	-103,909	–	-0.11%	–
UIHC	Exit	UNITED INSURANCE HOLDINGS CO	$0	–	-81,741	–	-0.11%	–
AL	Exit	AIR LEASE CORP	$0	–	-49,019	–	-0.11%	–
RH	Exit	RESTORATION HARDWARE HOLDING	$0	–	-41,458	–	-0.11%	–
NCMI	Exit	NATIONAL CINEMEDIA INC	$0	–	-98,995	–	-0.11%	–
FNB	Exit	FNB CORP	$0	–	-117,880	–	-0.11%	–
MSCC	Exit	MICROSEMI CORP	$0	–	-34,728	–	-0.11%	–
EVTC	Exit	EVERTEC INC	$0	–	-88,800	–	-0.12%	–
PNFP	Exit	PINNACLE FINANCIAL PARTNERS	$0	–	-28,369	–	-0.12%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP	$0	–	-27,946	–	-0.12%	–
FANG	Exit	DIAMONDBACK ENERGY INC	$0	–	-16,670	–	-0.12%	–
DECK	Exit	DECKERS OUTDOOR CORP	$0	–	-27,300	–	-0.13%	–
HTGC	Exit	HERCULES CAPITAL INC.	$0	–	-125,421	–	-0.13%	–
EVC	Exit	ENTRAVISION COMMUNICATIONS-A	$0	–	-222,064	–	-0.13%	–
BMTC	Exit	BRYN MAWR BANK CORP	$0	–	-54,146	–	-0.14%	–
PZZA	Exit	PAPA JOHN'S INTL INC	$0	–	-22,128	–	-0.14%	–
CNK	Exit	CINEMARK HOLDINGS INC	$0	–	-48,191	–	-0.14%	–
TPC	Exit	TUTOR PERINI CORP	$0	–	-86,471	–	-0.14%	–
GBX	Exit	GREENBRIER COMPANIES INC	$0	–	-54,718	–	-0.15%	–
DFT	Exit	DUPONT FABROS TECHNOLOGY	$0	–	-49,205	–	-0.16%	–
CATM	Exit	CARDTRONICS PLC	$0	–	-46,183	–	-0.16%	–
PAHC	Exit	PHIBRO ANIMAL HEALTH CORP-A	$0	–	-76,800	–	-0.16%	–
EDR	Exit	EDUCATION REALTY TRUST INC	$0	–	-48,957	–	-0.16%	–
CPF	Exit	CENTRAL PACIFIC FINANCIAL CO	$0	–	-83,883	–	-0.16%	–
TREX	Exit	TREX COMPANY INC	$0	–	-37,800	–	-0.17%	–
SWFT	Exit	SWIFT TRANSPORTATION CO	$0	–	-106,414	–	-0.18%	–
BELFB	Exit	BEL FUSE INC - CL B	$0	–	-96,000	–	-0.18%	–
CBAN	Exit	COLONY BANKCORP INC.	$0	–	-235,071	–	-0.18%	–
KFRC	Exit	KFORCE INC	$0	–	-119,694	–	-0.19%	–
DOC	Exit	PHYSICIANS REALTY TRUST	$0	–	-115,622	–	-0.19%	–
IDTI	Exit	INTEGRATED DEVICE TECH INC	$0	–	-107,839	–	-0.19%	–
IMAX	Exit	IMAX CORP	$0	–	-88,331	–	-0.20%	–
FOE	Exit	FERRO CORP	$0	–	-188,035	–	-0.20%	–
NTUS	Exit	NATUS MEDICAL INC	$0	–	-66,220	–	-0.20%	–
OFG	Exit	OFG BANCORP	$0	–	-271,100	–	-0.21%	–
	Exit	SAMSUNG ELECTRONICS COMMON-GDRgdr	$0	–	-4,380	–	-0.25%	–
EPR	Exit	EPR PROPERTIES	$0	–	-43,410	–	-0.27%	–
HPE	Exit	HEWLETT PACKARD ENTERPRISE CO.	$0	–	-260,189	–	-0.46%	–
FRP	Exit	FAIRPOINT COMMUNICATIONS INC	$0	–	-474,938	–	-0.56%	–
BNCN	Exit	BNC BANCORP	$0	–	-416,895	–	-0.79%	–
BRKL	Exit	BROOKLINE BANCORP INC	$0	–	-884,891	–	-0.84%	–
AGN	Exit	ALLERGAN PLC	$0	–	-53,319	–	-0.96%	–
CB	Exit	CHUBB LTD	$0	–	-106,491	–	-1.04%	–
DCOM	Exit	DIME COMMUNITY BANCSHARES INC	$0	–	-825,389	–	-1.08%	–
OKSB	Exit	SOUTHWEST BANCORP INC.	$0	–	-735,119	–	-1.09%	–
XRX	Exit	XEROX CORP	$0	–	-1,475,100	–	-1.16%	–
FTR	Exit	FRONTIER COMMUNICATIONS CORP	$0	–	-3,863,592	–	-1.25%	–
HPQ	Exit	HP INC.	$0	–	-1,042,021	–	-1.26%	–
WBS	Exit	WEBSTER FINANCIAL CORP - CT	$0	–	-426,241	–	-1.26%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-322,396	–	-1.30%	–
CRI	Exit	CARTER'S INC	$0	–	-204,751	–	-1.38%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-451,182	–	-1.43%	–
ANTM	Exit	ANTHEM INC	$0	–	-147,396	–	-1.44%	–
INDB	Exit	INDEPENDENT BANK CORP/MA	$0	–	-342,561	–	-1.44%	–
ALE	Exit	ALLETE	$0	–	-314,400	–	-1.46%	–
COF	Exit	CAPITAL ONE FINANCIAL CORP	$0	–	-270,334	–	-1.51%	–
BEN	Exit	FRANKLIN RESOURCES INC	$0	–	-547,900	–	-1.52%	–
AVT	Exit	AVNET INC	$0	–	-474,500	–	-1.52%	–
IBOC	Exit	INTERNATIONAL BANCSHARES CORP	$0	–	-660,305	–	-1.53%	–
SJM	Exit	JM SMUCKER CO/THE	$0	–	-147,500	–	-1.56%	–
WEB	Exit	WEB.COM GROUP INC	$0	–	-1,158,474	–	-1.56%	–
MSFT	Exit	MICROSOFT CORP.	$0	–	-372,252	–	-1.67%	–
GD	Exit	GENERAL DYNAMICS CORP.	$0	–	-141,420	–	-1.71%	–
PX	Exit	PRAXAIR INC.	$0	–	-182,203	–	-1.71%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-182,226	–	-1.74%	–
WU	Exit	WESTERN UNION CO.	$0	–	-1,083,416	–	-1.76%	–
DGX	Exit	QUEST DIAGNOSTICS	$0	–	-268,197	–	-1.77%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-347,100	–	-1.80%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-169,896	–	-1.85%	–
RGC	Exit	REGAL ENTERTAINMENT GROUP - A	$0	–	-1,111,701	–	-1.88%	–
WCC	Exit	WESCO INTERNATIONAL INC	$0	–	-465,700	–	-2.23%	–
ABCB	Exit	AMERIS BANCORP	$0	–	-918,343	–	-2.50%	–
SBRCY	Exit	SBERBANK - SPONSORED ADRspon adr	$0	–	-5,071,457	–	-3.70%	–
TEVA	Exit	TEVA PHARMACEUTICAL - SP ADRspon adr	$0	–	-1,793,347	–	-6.42%	–
BPOP	Exit	POPULAR INC	$0	–	-2,230,141	–	-6.64%	–
INFY	Exit	INFOSYS LTD - SP ADRadr	$0	–	-5,547,252	–	-6.82%	–
BBL	Exit	BHP BILLITON PLC - ADR (UK)adr	$0	–	-3,955,011	–	-9.36%	–
	Exit	INTERNATIONAL GAME TECHNOLOGY PLC	$0	–	-5,339,589	–	-10.14%	–

Q3 2016

			Value		Shares		↓ Weighting
	Sell	INTERNATIONAL GAME TECHNOLOGY PLC	$130,179,000	+21.4%	5,339,589	-6.7%	10.14%	+8.8%
BBL	Sell	BHP BILLITON PLC - ADR (UK)adr	$120,153,000	+17.3%	3,955,011	-2.0%	9.36%	+5.1%
INFY	Buy	INFOSYS LTD - SP ADRadr	$87,536,000	-11.5%	5,547,252	+0.1%	6.82%	-20.7%
BPOP	New	POPULAR INC	$85,236,000	–	2,230,141	–	6.64%	–
TEVA	Sell	TEVA PHARMACEUTICAL - SP ADRspon adr	$82,512,000	-10.1%	1,793,347	-1.9%	6.42%	-19.5%
SBRCY	Sell	SBERBANK - SPONSORED ADRspon adr	$47,560,000	+6.9%	5,071,457	-0.7%	3.70%	-4.3%
ABCB	Buy	AMERIS BANCORP	$32,096,000	+17.8%	918,343	+0.1%	2.50%	+5.5%
WCC	Sell	WESCO INTERNATIONAL INC	$28,636,000	+16.7%	465,700	-2.3%	2.23%	+4.5%
RGC	Buy	REGAL ENTERTAINMENT GROUP - A	$24,179,000	-0.8%	1,111,701	+0.6%	1.88%	-11.1%
UNH	Buy	UNITEDHEALTH GROUP INC	$23,785,000	-0.6%	169,896	+0.3%	1.85%	-10.9%
JPM	New	JPMORGAN CHASE & CO	$23,113,000	–	347,100	–	1.80%	–
DGX	Sell	QUEST DIAGNOSTICS	$22,698,000	+0.5%	268,197	-3.3%	1.77%	-9.9%
WU	Buy	WESTERN UNION CO.	$22,557,000	+8.7%	1,083,416	+0.1%	1.76%	-2.7%
NEE	Sell	NEXTERA ENERGY INC	$22,290,000	-6.6%	182,226	-0.4%	1.74%	-16.3%
PX	Buy	PRAXAIR INC.	$22,016,000	+8.3%	182,203	+0.8%	1.71%	-2.9%
GD	Buy	GENERAL DYNAMICS CORP.	$21,943,000	+12.5%	141,420	+0.9%	1.71%	+0.8%
MSFT	Buy	MICROSOFT CORP.	$21,442,000	+12.7%	372,252	+0.1%	1.67%	+1.0%
WEB	Buy	WEB.COM GROUP INC	$20,007,000	-3.8%	1,158,474	+1.2%	1.56%	-13.9%
SJM	Sell	JM SMUCKER CO/THE	$19,992,000	-19.2%	147,500	-9.1%	1.56%	-27.6%
IBOC	Buy	INTERNATIONAL BANCSHARES CORP	$19,664,000	+15.4%	660,305	+1.1%	1.53%	+3.4%
AVT	Buy	AVNET INC	$19,483,000	+2.9%	474,500	+1.5%	1.52%	-7.8%
BEN	Buy	FRANKLIN RESOURCES INC	$19,489,000	+8.4%	547,900	+1.7%	1.52%	-2.9%
COF	Buy	CAPITAL ONE FINANCIAL CORP	$19,418,000	+14.7%	270,334	+1.4%	1.51%	+2.8%
ALE	Sell	ALLETE	$18,745,000	-13.0%	314,400	-5.6%	1.46%	-22.0%
INDB	Sell	INDEPENDENT BANK CORP/MA	$18,529,000	+12.0%	342,561	-5.3%	1.44%	+0.4%
ANTM	Buy	ANTHEM INC	$18,470,000	-3.8%	147,396	+0.8%	1.44%	-13.8%
MPC	Buy	MARATHON PETROLEUM CORP	$18,313,000	+7.5%	451,182	+0.6%	1.43%	-3.6%
CRI	Buy	CARTER'S INC	$17,754,000	-17.6%	204,751	+1.1%	1.38%	-26.3%
VZ	Buy	VERIZON COMMUNICATIONS	$16,758,000	-6.1%	322,396	+0.8%	1.30%	-15.9%
WBS	Sell	WEBSTER FINANCIAL CORP - CT	$16,201,000	+11.3%	426,241	-0.6%	1.26%	-0.3%
HPQ	Buy	HP INC.	$16,183,000	+25.3%	1,042,021	+1.3%	1.26%	+12.3%
FTR	Buy	FRONTIER COMMUNICATIONS CORP	$16,073,000	-14.8%	3,863,592	+1.1%	1.25%	-23.7%
XRX	Buy	XEROX CORP	$14,943,000	+8.5%	1,475,100	+1.6%	1.16%	-2.8%
OKSB	Buy	SOUTHWEST BANCORP INC.	$13,960,000	+13.0%	735,119	+0.7%	1.09%	+1.2%
DCOM	Sell	DIME COMMUNITY BANCSHARES INC	$13,834,000	-3.5%	825,389	-2.1%	1.08%	-13.6%
CB	Buy	CHUBB LTD	$13,381,000	-1.8%	106,491	+2.1%	1.04%	-12.1%
AGN	Buy	ALLERGAN PLC	$12,280,000	+1.4%	53,319	+1.7%	0.96%	-9.2%
BRKL	Sell	BROOKLINE BANCORP INC	$10,787,000	+5.8%	884,891	-4.3%	0.84%	-5.2%
FRP	Buy	FAIRPOINT COMMUNICATIONS INC	$7,138,000	+3.3%	474,938	+0.9%	0.56%	-7.3%
HPE	Sell	HEWLETT PACKARD ENTERPRISE CO.	$5,919,000	+6.3%	260,189	-14.6%	0.46%	-4.8%
EPR	Sell	EPR PROPERTIES	$3,418,000	-20.7%	43,410	-18.7%	0.27%	-29.1%
	Sell	SAMSUNG ELECTRONICS COMMON-GDRgdr	$3,165,000	-68.5%	4,380	-72.9%	0.25%	-71.8%
OFG	New	OFG BANCORP	$2,741,000	–	271,100	–	0.21%	–
CBAN	Sell	COLONY BANKCORP INC.	$2,325,000	+0.2%	235,071	-3.6%	0.18%	-10.4%
EDR	Sell	EDUCATION REALTY TRUST INC	$2,112,000	-22.6%	48,957	-17.0%	0.16%	-30.8%
HTGC	Buy	HERCULES CAPITAL INC.	$1,701,000	+11.7%	125,421	+2.3%	0.13%	0.0%
EVTC	New	EVERTEC INC	$1,490,000	–	88,800	–	0.12%	–
CATC	Sell	CAMBRIDGE BANCORP	$1,225,000	+0.8%	24,482	-6.1%	0.10%	-10.4%
PSTB	Buy	PARK STERLING CORP	$856,000	+134.5%	105,438	+105.0%	0.07%	+109.4%
BHBK	Sell	BLUE HILLS BANCORP, INC.	$497,000	-43.9%	33,100	-44.8%	0.04%	-49.4%
ARC	Exit	ARC DOCUMENT SOLUTIONS INC	$0	–	-51,309	–	-0.02%	–
AF	Exit	ASTORIA FINANCIAL CORP	$0	–	-1,106,904	–	-1.48%	–

Q2 2016

			Value		Shares		↓ Weighting
	New	INTERNATIONAL GAME TECHNOLOGY PLC	$107,193,000	–	5,719,986	–	9.32%	–
BBL	New	BHP BILLITON PLC - ADR (UK)adr	$102,397,000	–	4,034,548	–	8.90%	–
INFY	New	INFOSYS LTD - SP ADRadr	$98,920,000	–	5,541,728	–	8.60%	–
TEVA	New	TEVA PHARMACEUTICAL - SP ADRspon adr	$91,805,000	–	1,827,684	–	7.98%	–
SBRCY	New	SBERBANK - SPONSORED ADRspon adr	$44,496,000	–	5,108,657	–	3.87%	–
ABCB	New	AMERIS BANCORP (RESTRICTED SHARES)	$27,251,000	–	917,543	–	2.37%	–
SJM	New	JM SMUCKER CO/THE	$24,736,000	–	162,300	–	2.15%	–
WCC	New	WESCO INTERNATIONAL INC	$24,540,000	–	476,600	–	2.13%	–
RGC	New	REGAL ENTERTAINMENT GROUP - A	$24,365,000	–	1,105,501	–	2.12%	–
UNH	New	UNITEDHEALTH GROUP INC	$23,919,000	–	169,396	–	2.08%	–
NEE	New	NEXTERA ENERGY INC	$23,867,000	–	183,026	–	2.08%	–
DGX	New	QUEST DIAGNOSTICS	$22,575,000	–	277,297	–	1.96%	–
CRI	New	CARTER'S INC	$21,555,000	–	202,451	–	1.87%	–
ALE	New	ALLETE	$21,535,000	–	333,200	–	1.87%	–
WEB	New	WEB.COM GROUP INC	$20,807,000	–	1,144,474	–	1.81%	–
WU	New	WESTERN UNION CO.	$20,755,000	–	1,082,116	–	1.80%	–
PX	New	PRAXAIR INC.	$20,320,000	–	180,803	–	1.77%	–
GD	New	GENERAL DYNAMICS CORP.	$19,510,000	–	140,120	–	1.70%	–
ANTM	New	ANTHEM INC	$19,201,000	–	146,196	–	1.67%	–
MSFT	New	MICROSOFT CORP.	$19,028,000	–	371,852	–	1.65%	–
AVT	New	AVNET INC	$18,934,000	–	467,400	–	1.65%	–
FTR	New	FRONTIER COMMUNICATIONS CORP	$18,872,000	–	3,820,192	–	1.64%	–
BEN	New	FRANKLIN RESOURCES INC	$17,983,000	–	538,900	–	1.56%	–
VZ	New	VERIZON COMMUNICATIONS	$17,852,000	–	319,696	–	1.55%	–
IBOC	New	INTERNATIONAL BANCSHARES CORP	$17,034,000	–	652,905	–	1.48%	–
MPC	New	MARATHON PETROLEUM CORP	$17,028,000	–	448,582	–	1.48%	–
AF	New	ASTORIA FINANCIAL CORP	$16,969,000	–	1,106,904	–	1.48%	–
COF	New	CAPITAL ONE FINANCIAL CORP	$16,928,000	–	266,534	–	1.47%	–
INDB	New	INDEPENDENT BANK CORP/MA	$16,537,000	–	361,861	–	1.44%	–
WBS	New	WEBSTER FINANCIAL CORP - CT	$14,552,000	–	428,641	–	1.26%	–
DCOM	New	DIME COMMUNITY BANCSHARES INC	$14,334,000	–	842,689	–	1.25%	–
XRX	New	XEROX CORP	$13,776,000	–	1,451,600	–	1.20%	–
CB	New	CHUBB LTD	$13,632,000	–	104,291	–	1.18%	–
HPQ	New	HP INC.	$12,913,000	–	1,028,921	–	1.12%	–
OKSB	New	SOUTHWEST BANCORP INC.	$12,354,000	–	729,719	–	1.07%	–
AGN	New	ALLERGAN PLC	$12,114,000	–	52,419	–	1.05%	–
BRKL	New	BROOKLINE BANCORP INC	$10,194,000	–	924,191	–	0.89%	–
	New	SAMSUNG ELECTRONICS COMMON-GDRgdr	$10,036,000	–	16,161	–	0.87%	–
BNCN	New	BNC BANCORP	$9,468,000	–	416,895	–	0.82%	–
FRP	New	FAIRPOINT COMMUNICATIONS INC	$6,907,000	–	470,538	–	0.60%	–
HPE	New	HEWLETT PACKARD ENTERPRISE CO.	$5,568,000	–	304,789	–	0.48%	–
EPR	New	EPR PROPERTIES	$4,309,000	–	53,410	–	0.38%	–
EDR	New	EDUCATION REALTY TRUST INC	$2,730,000	–	58,957	–	0.24%	–
IMAX	New	IMAX CORP	$2,604,000	–	88,331	–	0.23%	–
FOE	New	FERRO CORP	$2,516,000	–	188,035	–	0.22%	–
NTUS	New	NATUS MEDICAL INC	$2,503,000	–	66,220	–	0.22%	–
DOC	New	PHYSICIANS REALTY TRUST	$2,429,000	–	115,622	–	0.21%	–
DFT	New	DUPONT FABROS TECHNOLOGY	$2,339,000	–	49,205	–	0.20%	–
CBAN	New	COLONY BANKCORP INC.	$2,320,000	–	243,916	–	0.20%	–
IDTI	New	INTEGRATED DEVICE TECH INC	$2,171,000	–	107,839	–	0.19%	–
TPC	New	TUTOR PERINI CORP	$2,036,000	–	86,471	–	0.18%	–
KFRC	New	KFORCE INC	$2,022,000	–	119,694	–	0.18%	–
CPF	New	CENTRAL PACIFIC FINANCIAL CO	$1,980,000	–	83,883	–	0.17%	–
CATM	New	CARDTRONICS INC	$1,839,000	–	46,183	–	0.16%	–
CNK	New	CINEMARK HOLDINGS INC	$1,757,000	–	48,191	–	0.15%	–
TREX	New	TREX COMPANY INC	$1,698,000	–	37,800	–	0.15%	–
BELFB	New	BEL FUSE INC - CL B	$1,707,000	–	96,000	–	0.15%	–
SWFT	New	SWIFT TRANSPORTATION CO	$1,640,000	–	106,414	–	0.14%	–
USCR	New	US CONCRETE INC	$1,630,000	–	26,760	–	0.14%	–
GBX	New	GREENBRIER COMPANIES INC	$1,594,000	–	54,718	–	0.14%	–
BMTC	New	BRYN MAWR BANK CORP	$1,581,000	–	54,146	–	0.14%	–
DECK	New	DECKERS OUTDOOR CORP	$1,570,000	–	27,300	–	0.14%	–
NCMI	New	NATIONAL CINEMEDIA INC	$1,532,000	–	98,995	–	0.13%	–
FANG	New	DIAMONDBACK ENERGY INC	$1,520,000	–	16,670	–	0.13%	–
HTGC	New	HERCULES CAPITAL INC.	$1,523,000	–	122,636	–	0.13%	–
PZZA	New	PAPA JOHN'S INTL INC	$1,505,000	–	22,128	–	0.13%	–
EVC	New	ENTRAVISION COMMUNICATIONS-A	$1,492,000	–	222,064	–	0.13%	–
FNB	New	FNB CORP	$1,478,000	–	117,880	–	0.13%	–
ABG	New	ASBURY AUTOMOTIVE GROUP	$1,474,000	–	27,946	–	0.13%	–
PAHC	New	PHIBRO ANIMAL HEALTH CORP-A	$1,433,000	–	76,800	–	0.12%	–
PNFP	New	PINNACLE FINANCIAL PARTNERS	$1,386,000	–	28,369	–	0.12%	–
LXFT	New	LUXOFT HOLDING INC	$1,367,000	–	26,281	–	0.12%	–
UIHC	New	UNITED INSURANCE HOLDINGS CO	$1,339,000	–	81,741	–	0.12%	–
AL	New	AIR LEASE CORP	$1,313,000	–	49,019	–	0.11%	–
COBZ	New	COBIZ FINANCIAL INC	$1,216,000	–	103,909	–	0.11%	–
CATC	New	CAMBRIDGE BANCORP	$1,215,000	–	26,082	–	0.11%	–
SIR	New	SELECT INCOME REIT	$1,188,000	–	45,722	–	0.10%	–
RH	New	RESTORATION HARDWARE HOLDING	$1,189,000	–	41,458	–	0.10%	–
MPAA	New	MOTORCAR PARTS OF AMERICA INC	$1,174,000	–	43,206	–	0.10%	–
MSCC	New	MICROSEMI CORP	$1,135,000	–	34,728	–	0.10%	–
CBM	New	CAMBREX CORP	$1,107,000	–	21,397	–	0.10%	–
HT	New	HERSHA HOSPITALITY TRUST	$1,082,000	–	63,083	–	0.09%	–
VRNT	New	VERINT SYSTEMS INC	$1,005,000	–	30,324	–	0.09%	–
BHBK	New	BLUE HILLS BANCORP, INC.	$886,000	–	60,000	–	0.08%	–
FBNK	New	FIRST CONNECTICUT BANCORP, INC.	$684,000	–	41,300	–	0.06%	–
NCS	New	NCI BUILDING SYSTEMS INC	$615,000	–	38,474	–	0.05%	–
SAVE	New	SPIRIT AIRLINES INC	$593,000	–	13,226	–	0.05%	–
BDN	New	BRANDYWINE REALTY TRUST	$469,000	–	27,912	–	0.04%	–
ADS	New	ALLIANCE DATA SYSTEMS CORP	$442,000	–	2,255	–	0.04%	–
PSTB	New	PARK STERLING CORP	$365,000	–	51,438	–	0.03%	–
UBNK	New	UNITED FINANCIAL BANCORP INC	$251,000	–	19,348	–	0.02%	–
ARC	New	ARC DOCUMENT SOLUTIONS INC	$200,000	–	51,309	–	0.02%	–
CHCO	New	CITY HOLDING CO	$191,000	–	4,195	–	0.02%	–
	New	SAMSUNG ELECTRONICS PFD N/V-GDRgdr	$187,000	–	370	–	0.02%	–
MEOH	New	METHANEX CORPORATION (US SHARES)	$124,000	–	4,250	–	0.01%	–
NVS	New	NOVARTIS AG-ADRadr	$41,000	–	500	–	0.00%	–

Q4 2015

			Value		Shares		↓ Weighting
NVS	Exit	NOVARTIS AG-ADRadr	$0	–	-600	–	-0.01%	–
MEOH	Exit	METHANEX CORPORATION (US SHARES)	$0	–	-2,550	–	-0.01%	–
UBNT	Exit	UBIQUITI NETWORKS INC	$0	–	-2,775	–	-0.01%	–
	Exit	SAMSUNG ELECTRONICS PFD N/V-GDRgdr	$0	–	-370	–	-0.02%	–
AAOI	Exit	APPLIED OPTOELECTRONICS INC	$0	–	-8,015	–	-0.02%	–
PTX	Exit	PERNIX THERAPEUTICS HOLDINGS	$0	–	-56,983	–	-0.02%	–
SEMG	Exit	SEMGROUP-CLASS Areit	$0	–	-4,302	–	-0.02%	–
CHCO	Exit	CITY HOLDING CO	$0	–	-4,195	–	-0.02%	–
AJSB	Exit	AJS BANCORP INC	$0	–	-15,000	–	-0.03%	–
UBNK	Exit	UNITED FINANCIAL BANCORP INC	$0	–	-19,348	–	-0.03%	–
ARC	Exit	ARC DOCUMENT SOLUTIONS INC	$0	–	-51,309	–	-0.04%	–
PSTB	Exit	PARK STERLING CORP	$0	–	-51,438	–	-0.04%	–
BDN	Exit	BRANDYWINE REALTY TRUST	$0	–	-27,912	–	-0.04%	–
WAGE	Exit	WAGEWORKS INC	$0	–	-7,985	–	-0.04%	–
CRZO	Exit	CARRIZO OIL & GAS INC	$0	–	-12,741	–	-0.05%	–
NCS	Exit	NCI BUILDING SYSTEMS INC	$0	–	-38,474	–	-0.05%	–
NVSL	Exit	NAUGATUCK VALLEY FINANCIAL	$0	–	-38,600	–	-0.05%	–
ACTG	Exit	ACACIA RESEARCH CORP	$0	–	-49,227	–	-0.05%	–
CSIQ	Exit	CANADIAN SOLAR INC	$0	–	-30,403	–	-0.06%	–
USCR	Exit	US CONCRETE INC	$0	–	-10,960	–	-0.06%	–
SAVE	Exit	SPIRIT AIRLINES INC	$0	–	-13,226	–	-0.08%	–
FBNK	Exit	FIRST CONNECTICUT BANCORP, INC.	$0	–	-41,300	–	-0.08%	–
GBX	Exit	GREENBRIER COMPANIES INC	$0	–	-21,068	–	-0.08%	–
HTGC	Exit	HERCULES TECHNOLOGY GROWTH	$0	–	-69,483	–	-0.08%	–
ANFI	Exit	AMIRA NATURE FOODS LTD	$0	–	-129,217	–	-0.09%	–
RH	Exit	RESTORATION HARDWARE HOLDING	$0	–	-7,958	–	-0.09%	–
SWFT	Exit	SWIFT TRANSPORTATION CO	$0	–	-54,714	–	-0.10%	–
BHBK	Exit	BLUE HILLS BANCORP, INC.	$0	–	-60,000	–	-0.10%	–
VA	Exit	VIRGIN AMERICA INC	$0	–	-24,696	–	-0.10%	–
CBM	Exit	CAMBREX CORP	$0	–	-21,397	–	-0.10%	–
SIR	Exit	SELECT INCOME REIT	$0	–	-45,722	–	-0.10%	–
GHL	Exit	GREENHILL & CO INC	$0	–	-31,132	–	-0.11%	–
TREX	Exit	TREX COMPANY INC	$0	–	-28,700	–	-0.12%	–
FANG	Exit	DIAMONDBACK ENERGY INC	$0	–	-16,670	–	-0.13%	–
UIHC	Exit	UNITED INSURANCE HOLDINGS CO	$0	–	-81,741	–	-0.13%	–
TPC	Exit	TUTOR PERINI CORP	$0	–	-67,371	–	-0.13%	–
MSCC	Exit	MICROSEMI CORP	$0	–	-34,728	–	-0.14%	–
PEBO	Exit	PEOPLES BANCORP INC	$0	–	-55,600	–	-0.14%	–
CATC	Exit	CAMBRIDGE BANCORP	$0	–	-24,482	–	-0.14%	–
DECK	Exit	DECKERS OUTDOOR CORP	$0	–	-21,663	–	-0.15%	–
DFT	Exit	DUPONT FABROS TECHNOLOGY	$0	–	-49,205	–	-0.15%	–
AL	Exit	AIR LEASE CORP	$0	–	-42,296	–	-0.16%	–
VRNT	Exit	VERINT SYSTEMS INC	$0	–	-30,324	–	-0.16%	–
NCMI	Exit	NATIONAL CINEMEDIA INC	$0	–	-98,995	–	-0.16%	–
COBZ	Exit	COBIZ FINANCIAL INC	$0	–	-103,909	–	-0.16%	–
MPAA	Exit	MOTORCAR PARTS OF AMERICA INC	$0	–	-43,206	–	-0.16%	–
CNK	Exit	CINEMARK HOLDINGS INC	$0	–	-43,191	–	-0.17%	–
PNFP	Exit	PINNACLE FINANCIAL PARTNERS	$0	–	-28,369	–	-0.17%	–
HT	Exit	HERSHA HOSPITALITY TRUST	$0	–	-63,083	–	-0.17%	–
EVC	Exit	ENTRAVISION COMMUNICATIONS-A	$0	–	-222,064	–	-0.18%	–
PZZA	Exit	PAPA JOHN'S INTL INC	$0	–	-22,128	–	-0.18%	–
CATM	Exit	CARDTRONICS INC	$0	–	-46,183	–	-0.18%	–
FNB	Exit	FNB CORP	$0	–	-117,880	–	-0.18%	–
LXFT	Exit	LUXOFT HOLDING INC	$0	–	-26,281	–	-0.20%	–
BMTC	Exit	BRYN MAWR BANK CORP	$0	–	-54,146	–	-0.20%	–
DOC	Exit	PHYSICIANS REALTY TRUST	$0	–	-115,622	–	-0.21%	–
CPF	Exit	CENTRAL PACIFIC FINANCIAL CO	$0	–	-83,883	–	-0.21%	–
EDR	Exit	EDUCATION REALTY TRUST INC	$0	–	-58,957	–	-0.24%	–
FOE	Exit	FERRO CORP	$0	–	-188,035	–	-0.25%	–
CBAN	Exit	COLONY BANKCORP INC.	$0	–	-238,716	–	-0.26%	–
IDTI	Exit	INTEGRATED DEVICE TECH INC	$0	–	-107,839	–	-0.26%	–
ABG	Exit	ASBURY AUTOMOTIVE GROUP	$0	–	-27,946	–	-0.28%	–
NTUS	Exit	NATUS MEDICAL INC	$0	–	-66,220	–	-0.32%	–
	Exit	SOUTH32 - ADR - W/Iadr	$0	–	-602,729	–	-0.35%	–
IMAX	Exit	IMAX CORP	$0	–	-88,331	–	-0.36%	–
AMBA	Exit	AMBARELLA INC	$0	–	-54,324	–	-0.38%	–
KFRC	Exit	KFORCE INC	$0	–	-119,694	–	-0.38%	–
ADS	Exit	ALLIANCE DATA SYSTEMS CORP	$0	–	-13,791	–	-0.43%	–
EPR	Exit	EPR PROPERTIES	$0	–	-79,410	–	-0.50%	–
BRKS	Exit	BROOKS AUTOMATION INC	$0	–	-545,459	–	-0.77%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-147,496	–	-0.78%	–
CRI	Exit	CARTER'S INC	$0	–	-81,251	–	-0.89%	–
MRO	Exit	MARATHON OIL CORP	$0	–	-498,082	–	-0.93%	–
BRKL	Exit	BROOKLINE BANCORP INC	$0	–	-767,601	–	-0.94%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-169,082	–	-0.95%	–
SJM	Exit	JM SMUCKER CO/THE	$0	–	-74,000	–	-1.02%	–
BNCN	Exit	BNC BANCORP	$0	–	-397,195	–	-1.07%	–
AGN	Exit	ALLERGAN PLC	$0	–	-34,125	–	-1.12%	–
IBOC	Exit	INTERNATIONAL BANCSHARES CORP	$0	–	-374,005	–	-1.13%	–
WBS	Exit	WEBSTER FINANCIAL CORP - CT	$0	–	-264,516	–	-1.14%	–
HPQ	Exit	HP	$0	–	-380,314	–	-1.18%	–
ALE	Exit	ALLETE	$0	–	-194,700	–	-1.19%	–
FRP	Exit	FAIRPOINT COMMUNICATIONS INC	$0	–	-678,388	–	-1.27%	–
PX	Exit	PRAXAIR INC.	$0	–	-109,840	–	-1.36%	–
FTR	Exit	FRONTIER COMMUNICATIONS CORP	$0	–	-2,394,517	–	-1.38%	–
XRX	Exit	XEROX CORP	$0	–	-1,209,400	–	-1.42%	–
COF	Exit	CAPITAL ONE FINANCIAL CORP	$0	–	-166,400	–	-1.46%	–
DGX	Exit	QUEST DIAGNOSTICS	$0	–	-197,797	–	-1.47%	–
AF	Exit	ASTORIA FINANCIAL CORP	$0	–	-759,015	–	-1.48%	–
RGC	Exit	REGAL ENTERTAINMENT GROUP - A	$0	–	-659,898	–	-1.49%	–
NEE	Exit	NEXTERA ENERGY, INC.	$0	–	-129,194	–	-1.53%	–
WU	Exit	WESTERN UNION CO.	$0	–	-714,000	–	-1.59%	–
MSFT	Exit	MICROSOFT CORP.	$0	–	-296,700	–	-1.59%	–
OKSB	Exit	SOUTHWEST BANCORP INC.	$0	–	-800,234	–	-1.59%	–
DCOM	Exit	DIME COMMUNITY BANCSHARES INC	$0	–	-802,119	–	-1.64%	–
GD	Exit	GENERAL DYNAMICS CORP.	$0	–	-99,660	–	-1.66%	–
CB	Exit	THE CHUBB CORPORATION	$0	–	-115,025	–	-1.71%	–
INDB	Exit	INDEPENDENT BANK CORP/MA	$0	–	-327,179	–	-1.83%	–
ANTM	Exit	ANTHEM INC	$0	–	-109,522	–	-1.86%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-134,022	–	-1.88%	–
	Exit	SAMSUNG ELECTRONICS COMMON-GDRgdr	$0	–	-34,066	–	-1.95%	–
SBRCY	Exit	SBERBANK - SPONSORED ADRadr	$0	–	-4,257,500	–	-2.54%	–
ABCB	Exit	AMERIS BANCORP (RESTRICTED SHARES)	$0	–	-762,403	–	-2.65%	–
BBL	Exit	BHP BILLITON PLC - ADR (UK)adr	$0	–	-2,106,628	–	-7.82%	–
	Exit	INTERNATIONAL GAME TECHNOLOGY PLC	$0	–	-4,744,865	–	-8.81%	–
TEVA	Exit	TEVA PHARMACEUTICAL - SP ADRspon adr	$0	–	-1,711,331	–	-11.70%	–
INFY	Exit	INFOSYS LTD - SP ADRadr	$0	–	-5,744,100	–	-13.28%	–

Q3 2015

			Value		Shares		↓ Weighting
INFY	Buy	INFOSYS LTD - SP ADRadr	$109,655,000	+23.5%	5,744,100	+2.5%	13.28%	+21.8%
TEVA	Buy	TEVA PHARMACEUTICAL - SP ADRspon adr	$96,622,000	-2.7%	1,711,331	+1.9%	11.70%	-4.0%
	Buy	INTERNATIONAL GAME TECHNOLOGY PLC	$72,739,000	-3.6%	4,744,865	+11.7%	8.81%	-4.9%
BBL	Buy	BHP BILLITON PLC - ADR (UK)adr	$64,610,000	-11.6%	2,106,628	+14.1%	7.82%	-12.7%
ABCB	Buy	AMERIS BANCORP (RESTRICTED SHARES)	$21,919,000	+21.0%	762,403	+6.4%	2.65%	+19.3%
SBRCY	Buy	SBERBANK - SPONSORED ADRadr	$21,013,000	+4.8%	4,257,500	+10.9%	2.54%	+3.5%
UNH	Buy	UNITEDHEALTH GROUP INC	$15,548,000	+1.8%	134,022	+7.0%	1.88%	+0.4%
ANTM	Buy	ANTHEM INC	$15,333,000	-8.9%	109,522	+6.8%	1.86%	-10.1%
INDB	Buy	INDEPENDENT BANK CORP/MA	$15,083,000	+5.7%	327,179	+7.5%	1.83%	+4.3%
CB	Sell	THE CHUBB CORPORATION	$14,108,000	+26.2%	115,025	-2.1%	1.71%	+24.5%
GD	Buy	GENERAL DYNAMICS CORP.	$13,748,000	+5.6%	99,660	+8.5%	1.66%	+4.3%
DCOM	Buy	DIME COMMUNITY BANCSHARES INC	$13,556,000	+5.7%	802,119	+6.0%	1.64%	+4.4%
MSFT	Buy	MICROSOFT CORP.	$13,132,000	+8.6%	296,700	+8.3%	1.59%	+7.1%
OKSB	Buy	SOUTHWEST BANCORP INC.	$13,132,000	-2.5%	800,234	+10.6%	1.59%	-3.8%
WU	Buy	WESTERN UNION CO.	$13,109,000	-2.0%	714,000	+8.5%	1.59%	-3.3%
NEE	Buy	NEXTERA ENERGY, INC.	$12,603,000	+8.8%	129,194	+9.3%	1.53%	+7.3%
RGC	Buy	REGAL ENTERTAINMENT GROUP - A	$12,333,000	+6.3%	659,898	+18.9%	1.49%	+4.9%
AF	Buy	ASTORIA FINANCIAL CORP	$12,220,000	+46.8%	759,015	+25.7%	1.48%	+44.8%
DGX	Buy	QUEST DIAGNOSTICS	$12,159,000	-8.6%	197,797	+7.9%	1.47%	-9.8%
COF	Buy	CAPITAL ONE FINANCIAL CORP	$12,067,000	-10.2%	166,400	+9.0%	1.46%	-11.4%
XRX	Buy	XEROX CORP	$11,767,000	+12.9%	1,209,400	+23.5%	1.42%	+11.4%
FTR	Buy	FRONTIER COMMUNICATIONS CORP	$11,374,000	+26.3%	2,394,517	+31.6%	1.38%	+24.6%
PX	Buy	PRAXAIR INC.	$11,188,000	+7.2%	109,840	+25.8%	1.36%	+5.8%
FRP	Buy	FAIRPOINT COMMUNICATIONS INC	$10,454,000	-11.2%	678,388	+5.0%	1.27%	-12.3%
ALE	Buy	ALLETE	$9,830,000	+43.4%	194,700	+31.7%	1.19%	+41.5%
HPQ	New	HP	$9,740,000	–	380,314	–	1.18%	–
WBS	Buy	WEBSTER FINANCIAL CORP - CT	$9,425,000	-0.7%	264,516	+10.2%	1.14%	-2.1%
IBOC	Buy	INTERNATIONAL BANCSHARES CORP	$9,361,000	+4.1%	374,005	+11.7%	1.13%	+2.7%
AGN	Buy	ALLERGAN PLC	$9,276,000	-0.2%	34,125	+11.4%	1.12%	-1.5%
SJM	Buy	JM SMUCKER CO/THE	$8,443,000	+38.6%	74,000	+31.7%	1.02%	+36.6%
MPC	Buy	MARATHON PETROLEUM CORP	$7,834,000	+0.3%	169,082	+13.2%	0.95%	-1.0%
BRKL	Buy	BROOKLINE BANCORP INC	$7,783,000	-7.3%	767,601	+3.3%	0.94%	-8.4%
MRO	Buy	MARATHON OIL CORP	$7,670,000	-28.8%	498,082	+22.7%	0.93%	-29.8%
CRI	Buy	CARTER'S INC	$7,365,000	-5.3%	81,251	+11.1%	0.89%	-6.5%
VZ	Buy	VERIZON COMMUNICATIONS	$6,418,000	+48.2%	147,496	+58.8%	0.78%	+46.3%
BRKS	Buy	BROOKS AUTOMATION INC	$6,387,000	+25.2%	545,459	+22.4%	0.77%	+23.5%
PEBO	Sell	PEOPLES BANCORP INC	$1,156,000	-16.4%	55,600	-6.1%	0.14%	-17.6%
HTGC	Buy	HERCULES TECHNOLOGY GROWTH	$702,000	-8.1%	69,483	+5.1%	0.08%	-9.6%
HPQ	Exit	HEWLETT-PACKARD CO	$0	–	-342,914	–	-1.26%	–

Q2 2015

			Value		Shares		↓ Weighting
TEVA	New	TEVA PHARMACEUTICAL - SP ADRspon adr	$99,284,000	–	1,679,931	–	12.18%	–
INFY	New	INFOSYS LTD - SP ADRadr	$88,814,000	–	5,603,400	–	10.90%	–
	New	INTERNATIONAL GAME TECHNOLOGY PLC	$75,449,000	–	4,248,265	–	9.26%	–
BBL	New	BHP BILLITON PLC - ADR (UK)adr	$73,049,000	–	1,846,528	–	8.96%	–
SBRCY	New	SBERBANK - SPONSORED ADRadr	$20,044,000	–	3,839,800	–	2.46%	–
	New	SAMSUNG ELECTRONICS COMMON-GDRgdr	$19,435,000	–	34,066	–	2.38%	–
ABCB	New	AMERIS BANCORP	$18,120,000	–	716,503	–	2.22%	–
ANTM	New	ANTHEM INC	$16,828,000	–	102,522	–	2.06%	–
UNH	New	UNITEDHEALTH GROUP INC	$15,277,000	–	125,222	–	1.88%	–
INDB	New	INDEPENDENT BANK CORP/MA	$14,268,000	–	304,279	–	1.75%	–
OKSB	New	SOUTHWEST BANCORP INC.	$13,467,000	–	723,634	–	1.65%	–
COF	New	CAPITAL ONE FINANCIAL CORP	$13,433,000	–	152,700	–	1.65%	–
WU	New	WESTERN UNION CO.	$13,377,000	–	658,000	–	1.64%	–
DGX	New	QUEST DIAGNOSTICS	$13,300,000	–	183,397	–	1.63%	–
GD	New	GENERAL DYNAMICS CORP.	$13,016,000	–	91,860	–	1.60%	–
DCOM	New	DIME COMMUNITY BANCSHARES INC	$12,821,000	–	756,819	–	1.57%	–
MSFT	New	MICROSOFT CORP.	$12,093,000	–	273,900	–	1.48%	–
FRP	New	FAIRPOINT COMMUNICATIONS INC	$11,766,000	–	645,788	–	1.44%	–
RGC	New	REGAL ENTERTAINMENT GROUP - A	$11,605,000	–	554,998	–	1.42%	–
NEE	New	NEXTERA ENERGY, INC.	$11,587,000	–	118,194	–	1.42%	–
CB	New	THE CHUBB CORPORATION	$11,181,000	–	117,525	–	1.37%	–
MRO	New	MARATHON OIL CORP	$10,777,000	–	406,082	–	1.32%	–
PX	New	PRAXAIR INC.	$10,441,000	–	87,340	–	1.28%	–
XRX	New	XEROX CORP	$10,420,000	–	979,300	–	1.28%	–
HPQ	New	HEWLETT-PACKARD CO	$10,291,000	–	342,914	–	1.26%	–
WBS	New	WEBSTER FINANCIAL CORP - CT	$9,493,000	–	240,016	–	1.16%	–
AGN	New	ALLERGAN PLC	$9,293,000	–	30,625	–	1.14%	–
FTR	New	FRONTIER COMMUNICATIONS CORP	$9,007,000	–	1,819,617	–	1.10%	–
IBOC	New	INTERNATIONAL BANCSHARES CORP	$8,996,000	–	334,805	–	1.10%	–
BRKL	New	BROOKLINE BANCORP INC	$8,392,000	–	743,301	–	1.03%	–
AF	New	ASTORIA FINANCIAL CORP	$8,327,000	–	603,815	–	1.02%	–
MPC	New	MARATHON PETROLEUM CORP	$7,814,000	–	149,382	–	0.96%	–
CRI	New	CARTER'S INC	$7,776,000	–	73,151	–	0.95%	–
BNCN	New	BNC BANCORP	$7,678,000	–	397,195	–	0.94%	–
ALE	New	ALLETE	$6,856,000	–	147,800	–	0.84%	–
SJM	New	JM SMUCKER CO/THE	$6,093,000	–	56,200	–	0.75%	–
AMBA	New	AMBARELLA INC	$5,579,000	–	54,324	–	0.68%	–
BRKS	New	BROOKS AUTOMATION INC	$5,101,000	–	445,459	–	0.63%	–
EPR	New	EPR PROPERTIES	$4,350,000	–	79,410	–	0.53%	–
VZ	New	VERIZON COMMUNICATIONS	$4,330,000	–	92,896	–	0.53%	–
	New	SOUTH32 - ADR - W/Iadr	$4,044,000	–	602,729	–	0.50%	–
ADS	New	ALLIANCE DATA SYSTEMS CORP	$4,026,000	–	13,791	–	0.49%	–
IMAX	New	IMAX CORP	$3,557,000	–	88,331	–	0.44%	–
FOE	New	FERRO CORP	$3,155,000	–	188,035	–	0.39%	–
NTUS	New	NATUS MEDICAL INC	$2,818,000	–	66,220	–	0.35%	–
KFRC	New	KFORCE INC	$2,737,000	–	119,694	–	0.34%	–
ABG	New	ASBURY AUTOMOTIVE GROUP	$2,532,000	–	27,946	–	0.31%	–
IDTI	New	INTEGRATED DEVICE TECH INC	$2,340,000	–	107,839	–	0.29%	–
CBAN	New	COLONY BANKCORP INC.	$2,043,000	–	238,716	–	0.25%	–
CPF	New	CENTRAL PACIFIC FINANCIAL CO	$1,992,000	–	83,883	–	0.24%	–
EDR	New	EDUCATION REALTY TRUST INC	$1,849,000	–	58,957	–	0.23%	–
VRNT	New	VERINT SYSTEMS INC	$1,842,000	–	30,324	–	0.23%	–
EVC	New	ENTRAVISION COMMUNICATIONS-A	$1,828,000	–	222,064	–	0.22%	–
DOC	New	PHYSICIANS REALTY TRUST	$1,776,000	–	115,622	–	0.22%	–
CNK	New	CINEMARK HOLDINGS INC	$1,735,000	–	43,191	–	0.21%	–
CATM	New	CARDTRONICS INC	$1,711,000	–	46,183	–	0.21%	–
FNB	New	FNB CORP	$1,688,000	–	117,880	–	0.21%	–
PZZA	New	PAPA JOHN'S INTL INC	$1,673,000	–	22,128	–	0.20%	–
BMTC	New	BRYN MAWR BANK CORP	$1,633,000	–	54,146	–	0.20%	–
HT	New	HERSHA HOSPITALITY TRUST	$1,617,000	–	63,083	–	0.20%	–
NCMI	New	NATIONAL CINEMEDIA INC	$1,580,000	–	98,995	–	0.19%	–
DECK	New	DECKERS OUTDOOR CORP	$1,559,000	–	21,663	–	0.19%	–
PNFP	New	PINNACLE FINANCIAL PARTNERS	$1,542,000	–	28,369	–	0.19%	–
LXFT	New	LUXOFT HOLDING INC	$1,486,000	–	26,281	–	0.18%	–
ANFI	New	AMIRA NATURE FOODS LTD	$1,485,000	–	129,217	–	0.18%	–
DFT	New	DUPONT FABROS TECHNOLOGY	$1,449,000	–	49,205	–	0.18%	–
TPC	New	TUTOR PERINI CORP	$1,454,000	–	67,371	–	0.18%	–
AL	New	AIR LEASE CORP	$1,434,000	–	42,296	–	0.18%	–
TREX	New	TREX COMPANY INC	$1,419,000	–	28,700	–	0.17%	–
PEBO	New	PEOPLES BANCORP INC	$1,382,000	–	59,200	–	0.17%	–
COBZ	New	COBIZ FINANCIAL INC	$1,358,000	–	103,909	–	0.17%	–
MPAA	New	MOTORCAR PARTS OF AMERICA INC	$1,300,000	–	43,206	–	0.16%	–
GHL	New	GREENHILL & CO INC	$1,287,000	–	31,132	–	0.16%	–
UIHC	New	UNITED INSURANCE HOLDINGS CO	$1,270,000	–	81,741	–	0.16%	–
FANG	New	DIAMONDBACK ENERGY INC	$1,257,000	–	16,670	–	0.15%	–
SWFT	New	SWIFT TRANSPORTATION CO	$1,240,000	–	54,714	–	0.15%	–
MSCC	New	MICROSEMI CORP	$1,214,000	–	34,728	–	0.15%	–
CATC	New	CAMBRIDGE BANCORP	$1,125,000	–	24,482	–	0.14%	–
GBX	New	GREENBRIER COMPANIES INC	$987,000	–	21,068	–	0.12%	–
SIR	New	SELECT INCOME REIT	$944,000	–	45,722	–	0.12%	–
CBM	New	CAMBREX CORP	$940,000	–	21,397	–	0.12%	–
CSIQ	New	CANADIAN SOLAR INC	$870,000	–	30,403	–	0.11%	–
BHBK	New	BLUE HILLS BANCORP, INC.	$840,000	–	60,000	–	0.10%	–
SAVE	New	SPIRIT AIRLINES INC	$821,000	–	13,226	–	0.10%	–
RH	New	RESTORATION HARDWARE HOLDING	$777,000	–	7,958	–	0.10%	–
HTGC	New	HERCULES TECHNOLOGY GROWTH	$764,000	–	66,114	–	0.09%	–
VA	New	VIRGIN AMERICA INC	$679,000	–	24,696	–	0.08%	–
FBNK	New	FIRST CONNECTICUT BANCORP, INC.	$655,000	–	41,300	–	0.08%	–
CRZO	New	CARRIZO OIL & GAS INC	$627,000	–	12,741	–	0.08%	–
NCS	New	NCI BUILDING SYSTEMS INC	$580,000	–	38,474	–	0.07%	–
ACTG	New	ACACIA RESEARCH CORP	$432,000	–	49,227	–	0.05%	–
USCR	New	US CONCRETE INC	$415,000	–	10,960	–	0.05%	–
NVSL	New	NAUGATUCK VALLEY FINANCIAL	$410,000	–	38,600	–	0.05%	–
ARC	New	ARC DOCUMENT SOLUTIONS INC	$390,000	–	51,309	–	0.05%	–
BDN	New	BRANDYWINE REALTY TRUST	$371,000	–	27,912	–	0.05%	–
PSTB	New	PARK STERLING CORP	$370,000	–	51,438	–	0.04%	–
SEMG	New	SEMGROUP-CLASS Areit	$342,000	–	4,302	–	0.04%	–
PTX	New	PERNIX THERAPEUTICS HOLDINGS	$337,000	–	56,983	–	0.04%	–
WAGE	New	WAGEWORKS INC	$323,000	–	7,985	–	0.04%	–
UBNK	New	UNITED FINANCIAL BANCORP INC	$260,000	–	19,348	–	0.03%	–
AJSB	New	AJS BANCORP INC	$227,000	–	15,000	–	0.03%	–
CHCO	New	CITY HOLDING CO	$207,000	–	4,195	–	0.02%	–
	New	SAMSUNG ELECTRONICS PFD N/V-GDRgdr	$164,000	–	370	–	0.02%	–
AAOI	New	APPLIED OPTOELECTRONICS INC	$139,000	–	8,015	–	0.02%	–
MEOH	New	METHANEX CORPORATION (US SHARES)	$142,000	–	2,550	–	0.02%	–
UBNT	New	UBIQUITI NETWORKS INC	$89,000	–	2,775	–	0.01%	–
NVS	New	NOVARTIS AG-ADRadr	$59,000	–	600	–	0.01%	–

Q4 2014

			Value		Shares		↓ Weighting
NVS	Exit	NOVARTIS AG-ADR	$0	–	-600	–	-0.01%	–
	Exit	SAMSUNG ELECTRONICS PFD N/V-GDRspon adr	$0	–	-370	–	-0.03%	–
MEOH	Exit	METHANEX CORPORATION (US SHARES)	$0	–	-2,550	–	-0.04%	–
	Exit	CITY HOLDING CO	$0	–	-4,195	–	-0.04%	–
AJSB	Exit	AJS BANCORP INC	$0	–	-15,000	–	-0.04%	–
	Exit	UNITED FINANCIAL BANCORP INC	$0	–	-19,348	–	-0.05%	–
	Exit	NAUGATUCK VALLEY FINANCIAL	$0	–	-38,600	–	-0.06%	–
	Exit	PARK STERLING CORP	$0	–	-51,438	–	-0.07%	–
TSM	Exit	TAIWAN SEMICONDUCTOR - SP ADRspon adr	$0	–	-17,239	–	-0.07%	–
	Exit	FIRST CONNECTICUT BANCORP, INC.	$0	–	-41,300	–	-0.12%	–
BHBK	Exit	BLUE HILLS BANCORP, INC.	$0	–	-60,000	–	-0.16%	–
	Exit	CAMBRIDGE BANCORP	$0	–	-24,482	–	-0.23%	–
	Exit	PEOPLES BANCORP INC	$0	–	-55,600	–	-0.27%	–
	Exit	COLONY BANKCORP INC.	$0	–	-239,316	–	-0.33%	–
	Exit	BROOKLINE BANCORP INC	$0	–	-359,300	–	-0.62%	–
FRP	Exit	FAIRPOINT COMMUNICATIONS INC	$0	–	-243,373	–	-0.75%	–
BNCN	Exit	BNC BANCORP	$0	–	-310,995	–	-0.99%	–
	Exit	ALLETE	$0	–	-110,600	–	-1.00%	–
	Exit	SHANGHAI MECHANICAL AND EL-B SHARES	$0	–	-2,248,563	–	-1.00%	–
	Exit	REGAL ENTERTAINMENT GROUP - A	$0	–	-249,587	–	-1.01%	–
	Exit	VERIZON COMMUNICATIONS	$0	–	-102,496	–	-1.04%	–
	Exit	JM SMUCKER CO/THE	$0	–	-52,600	–	-1.06%	–
	Exit	CARTER'S INC	$0	–	-68,151	–	-1.07%	–
	Exit	PRAXAIR INC.	$0	–	-42,240	–	-1.11%	–
	Exit	UNIVEST CORP OF PENNSYLVANIA	$0	–	-291,429	–	-1.11%	–
	Exit	ASTORIA FINANCIAL CORP	$0	–	-445,915	–	-1.12%	–
	Exit	THE CHUBB CORPORATION	$0	–	-61,525	–	-1.14%	–
	Exit	QUEST DIAGNOSTICS	$0	–	-93,647	–	-1.15%	–
	Exit	BROOKS AUTOMATION INC	$0	–	-554,359	–	-1.18%	–
	Exit	MARATHON PETROLEUM CORP	$0	–	-70,691	–	-1.22%	–
	Exit	DIME COMMUNITY BANCSHARES INC	$0	–	-437,000	–	-1.28%	–
	Exit	INTERNATIONAL BANCSHARES CORP	$0	–	-257,105	–	-1.29%	–
	Exit	INDEPENDENT BANK CORP/MA	$0	–	-178,179	–	-1.29%	–
	Exit	MARATHON OIL CORP	$0	–	-171,182	–	-1.31%	–
	Exit	WEBSTER FINANCIAL CORP - CT	$0	–	-224,916	–	-1.33%	–
	Exit	UNITEDHEALTH GROUP INC	$0	–	-76,072	–	-1.33%	–
	Exit	SOUTHWEST BANCORP INC.	$0	–	-403,667	–	-1.34%	–
	Exit	WESTERN UNION CO.	$0	–	-417,600	–	-1.36%	–
	Exit	GENERAL DYNAMICS CORP.	$0	–	-54,860	–	-1.42%	–
	Exit	XEROX CORP	$0	–	-555,400	–	-1.49%	–
	Exit	NEXTERA ENERGY, INC.	$0	–	-81,794	–	-1.56%	–
	Exit	ACTAVIS PLC	$0	–	-34,025	–	-1.67%	–
	Exit	FRONTIER COMMUNICATIONS CORP	$0	–	-1,332,017	–	-1.76%	–
	Exit	MICROSOFT CORP.	$0	–	-199,300	–	-1.88%	–
	Exit	WELLPOINT INC (NEW)	$0	–	-84,922	–	-2.06%	–
	Exit	HEWLETT-PACKARD CO	$0	–	-287,614	–	-2.07%	–
	Exit	AMERIS BANCORP	$0	–	-481,529	–	-2.15%	–
	Exit	SAMSUNG ELECTRONICS COMMON-GDRgdr	$0	–	-34,081	–	-3.88%	–
SBRCY	Exit	SBERBANK - SPONSORED ADRspon adr	$0	–	-3,092,800	–	-4.98%	–
BBL	Exit	BHP BILLITON PLC - ADR (UK)adr	$0	–	-1,123,228	–	-12.67%	–
	Exit	INFOSYS LTD - SP ADRspon adr	$0	–	-1,305,250	–	-16.04%	–
	Exit	TEVA PHARMACEUTICAL - SP ADRspon adr	$0	–	-1,625,431	–	-17.75%	–

Q3 2014

			Value		Shares		↓ Weighting
	Buy	TEVA PHARMACEUTICAL - SP ADRspon adr	$87,367,000	+8.6%	1,625,431	+5.9%	17.75%	-2.2%
	Buy	INFOSYS LTD - SP ADRspon adr	$78,955,000	+22.3%	1,305,250	+8.7%	16.04%	+10.1%
BBL	Buy	BHP BILLITON PLC - ADR (UK)adr	$62,373,000	-7.1%	1,123,228	+9.1%	12.67%	-16.4%
SBRCY	New	SBERBANK - SPONSORED ADRspon adr	$24,495,000	–	3,092,800	–	4.98%	–
	Sell	WELLPOINT INC (NEW)	$10,158,000	+10.6%	84,922	-0.5%	2.06%	-0.4%
	New	ACTAVIS PLC	$8,210,000	–	34,025	–	1.67%	–
	Buy	WESTERN UNION CO.	$6,698,000	+12.7%	417,600	+21.9%	1.36%	+1.6%
	Buy	WEBSTER FINANCIAL CORP - CT	$6,554,000	+15.5%	224,916	+25.0%	1.33%	+4.0%
	Buy	MARATHON PETROLEUM CORP	$5,985,000	+10.5%	70,691	+1.9%	1.22%	-0.5%
	Buy	BROOKS AUTOMATION INC	$5,826,000	+7.3%	554,359	+9.9%	1.18%	-3.3%
	Buy	ASTORIA FINANCIAL CORP	$5,525,000	+10.7%	445,915	+20.2%	1.12%	-0.3%
	Buy	VERIZON COMMUNICATIONS	$5,124,000	+44.5%	102,496	+41.4%	1.04%	+30.1%
	Buy	REGAL ENTERTAINMENT GROUP - A	$4,962,000	+57.2%	249,587	+66.9%	1.01%	+41.6%
	New	SHANGHAI MECHANICAL AND EL-B SHARES	$4,938,000	–	2,248,563	–	1.00%	–
	Buy	ALLETE	$4,910,000	+5.5%	110,600	+22.1%	1.00%	-5.0%
FRP	New	FAIRPOINT COMMUNICATIONS INC	$3,692,000	–	243,373	–	0.75%	–
BHBK	New	BLUE HILLS BANCORP, INC.	$787,000	–	60,000	–	0.16%	–
	Exit	SHANGHAI MECHANICAL AND EL-B SHARES	$0	–	-2,248,563	–	-0.84%	–
	Exit	FOREST LABORATORIES INC	$0	–	-102,300	–	-2.28%	–

Q2 2014

			Value		Shares		↓ Weighting
	New	TEVA PHARMACEUTICAL - SP ADRspon adr	$80,461,000	–	1,534,931	–	18.15%	–
BBL	New	BHP BILLITON PLC - ADR (UK)adr	$67,150,000	–	1,029,428	–	15.15%	–
	New	INFOSYS LTD - SP ADRspon adr	$64,580,000	–	1,201,050	–	14.57%	–
	New	SAMSUNG ELECTRONICS COMMON-GDRgdr	$22,265,000	–	34,081	–	5.02%	–
	New	AMERIS BANCORP	$10,382,000	–	481,529	–	2.34%	–
	New	FOREST LABORATORIES INC	$10,128,000	–	102,300	–	2.28%	–
	New	HEWLETT-PACKARD CO	$9,687,000	–	287,614	–	2.18%	–
	New	WELLPOINT INC (NEW)	$9,186,000	–	85,362	–	2.07%	–
	New	NEXTERA ENERGY, INC.	$8,382,000	–	81,794	–	1.89%	–
	New	MICROSOFT CORP.	$8,311,000	–	199,300	–	1.88%	–
	New	FRONTIER COMMUNICATIONS CORP	$7,779,000	–	1,332,017	–	1.76%	–
	New	INTERNATIONAL BANCSHARES CORP	$6,942,000	–	257,105	–	1.57%	–
	New	XEROX CORP	$6,909,000	–	555,400	–	1.56%	–
	New	DIME COMMUNITY BANCSHARES INC	$6,900,000	–	437,000	–	1.56%	–
	New	SOUTHWEST BANCORP INC.	$6,887,000	–	403,667	–	1.55%	–
	New	INDEPENDENT BANK CORP/MA	$6,839,000	–	178,179	–	1.54%	–
	New	MARATHON OIL CORP	$6,833,000	–	171,182	–	1.54%	–
	New	GENERAL DYNAMICS CORP.	$6,394,000	–	54,860	–	1.44%	–
	New	UNITEDHEALTH GROUP INC	$6,219,000	–	76,072	–	1.40%	–
	New	UNIVEST CORP OF PENNSYLVANIA	$6,033,000	–	291,429	–	1.36%	–
	New	WESTERN UNION CO.	$5,941,000	–	342,600	–	1.34%	–
	New	WEBSTER FINANCIAL CORP - CT	$5,675,000	–	179,916	–	1.28%	–
	New	THE CHUBB CORPORATION	$5,671,000	–	61,525	–	1.28%	–
	New	PRAXAIR INC.	$5,611,000	–	42,240	–	1.27%	–
	New	JM SMUCKER CO/THE	$5,605,000	–	52,600	–	1.26%	–
	New	QUEST DIAGNOSTICS	$5,496,000	–	93,647	–	1.24%	–
	New	BROOKS AUTOMATION INC	$5,432,000	–	504,359	–	1.22%	–
	New	MARATHON PETROLEUM CORP	$5,417,000	–	69,391	–	1.22%	–
BNCN	New	BNC BANCORP	$5,308,000	–	310,995	–	1.20%	–
	New	ASTORIA FINANCIAL CORP	$4,989,000	–	370,915	–	1.12%	–
	New	CARTER'S INC	$4,697,000	–	68,151	–	1.06%	–
	New	ALLETE	$4,652,000	–	90,600	–	1.05%	–
	New	SHANGHAI MECHANICAL AND EL-B SHARES	$3,728,000	–	2,248,563	–	0.84%	–
	New	VERIZON COMMUNICATIONS	$3,547,000	–	72,496	–	0.80%	–
	New	BROOKLINE BANCORP INC	$3,366,000	–	359,300	–	0.76%	–
	New	REGAL ENTERTAINMENT GROUP - A	$3,156,000	–	149,587	–	0.71%	–
	New	COLONY BANKCORP INC.	$1,510,000	–	239,316	–	0.34%	–
	New	PEOPLES BANCORP INC	$1,471,000	–	55,600	–	0.33%	–
	New	CAMBRIDGE BANCORP	$1,028,000	–	24,482	–	0.23%	–
	New	FIRST CONNECTICUT BANCORP, INC.	$663,000	–	41,300	–	0.15%	–
TSM	New	TAIWAN SEMICONDUCTOR - SP ADRspon adr	$369,000	–	17,239	–	0.08%	–
	New	PARK STERLING CORP	$339,000	–	51,438	–	0.08%	–
	New	NAUGATUCK VALLEY FINANCIAL	$322,000	–	38,600	–	0.07%	–
	New	UNITED FINANCIAL BANCORP INC	$262,000	–	19,348	–	0.06%	–
	New	SAMSUNG ELECTRONICS PFD N/V-GDRgdr	$194,000	–	370	–	0.04%	–
	New	CITY HOLDING CO	$189,000	–	4,195	–	0.04%	–
AJSB	New	AJS BANCORP	$183,000	–	15,000	–	0.04%	–
MEOH	New	METHANEX CORPORATION (US SHARES)adr	$158,000	–	2,550	–	0.04%	–
NVS	New	NOVARTIS AG-ADRadr	$54,000	–	600	–	0.01%	–

Q4 2013

			Value		Shares		↓ Weighting
	Exit	NOVARTIS AG-ADRadr	$0	–	-800	–	-0.01%	–
	Exit	SAMSUNG ELECTRONICS PFD N/V-GDRgdr	$0	–	-370	–	-0.03%	–
	Exit	CITY HOLDING CO	$0	–	-4,195	–	-0.04%	–
	Exit	UNITED FINANCIAL BANCORP INC	$0	–	-14,362	–	-0.05%	–
	Exit	144A USHA MARTIN LTD_ODI_21AUG18derivative	$0	–	-807,100	–	-0.06%	–
TSM	Exit	TAIWAN SEMICONDUCTOR - SP ADRspon adr	$0	–	-17,239	–	-0.06%	–
	Exit	NAUGATUCK VALLEY FINANCIAL	$0	–	-38,600	–	-0.06%	–
	Exit	PARK STERLING CORP	$0	–	-51,438	–	-0.07%	–
	Exit	METHANEX CORPORATION (US SHARES)adr	$0	–	-8,870	–	-0.10%	–
	Exit	FIRST CONNECTICUT BANCORP, INC.	$0	–	-41,300	–	-0.13%	–
	Exit	144A LIC HOUSING FINANCE DERIVATIVEderivative	$0	–	-204,200	–	-0.13%	–
	Exit	144A KRBL LIMITED DERIVATIVEderivative	$0	–	-1,679,000	–	-0.14%	–
	Exit	DIME COMMUNITY BANCSHARES INC	$0	–	-40,900	–	-0.14%	–
	Exit	144A SOUTH INDIAN BANK LIMITED DERIVATIVEderivative	$0	–	-2,535,250	–	-0.17%	–
	Exit	CAMBRIDGE BANCORP	$0	–	-24,482	–	-0.20%	–
	Exit	PEOPLES BANCORP INC	$0	–	-49,800	–	-0.22%	–
	Exit	144A NIIT TECHNOLOGIES DERIVATIVEderivative	$0	–	-276,900	–	-0.27%	–
	Exit	SHANGHAI MECHANICAL AND EL-B SHARES	$0	–	-1,455,568	–	-0.41%	–
	Exit	COLONY BANKCORP INC.	$0	–	-399,845	–	-0.50%	–
	Exit	REGAL ENTERTAINMENT GROUP - A	$0	–	-149,987	–	-0.61%	–
	Exit	BROOKLINE BANCORP INC	$0	–	-333,000	–	-0.67%	–
	Exit	VERIZON COMMUNICATIONS	$0	–	-72,701	–	-0.72%	–
	Exit	MARATHON PETROLEUM CORP	$0	–	-60,241	–	-0.83%	–
BNCN	Exit	BNC BANCORP	$0	–	-310,995	–	-0.88%	–
	Exit	ALLETE	$0	–	-90,900	–	-0.94%	–
	Exit	ASTORIA FINANCIAL CORP	$0	–	-371,485	–	-0.99%	–
	Exit	GENERAL DYNAMICS CORP.	$0	–	-52,840	–	-0.99%	–
	Exit	BROOKS AUTOMATION INC	$0	–	-505,959	–	-1.00%	–
	Exit	WESTERN UNION CO.	$0	–	-259,500	–	-1.03%	–
	Exit	INTERNATIONAL BANCSHARES CORP	$0	–	-228,427	–	-1.05%	–
	Exit	WEBSTER FINANCIAL CORP - CT	$0	–	-210,295	–	-1.15%	–
	Exit	UNITEDHEALTH GROUP INC	$0	–	-75,172	–	-1.15%	–
	Exit	XEROX CORP	$0	–	-526,400	–	-1.16%	–
	Exit	FRONTIER COMMUNICATIONS CORP	$0	–	-1,297,717	–	-1.16%	–
	Exit	PRAXAIR INC.	$0	–	-48,726	–	-1.25%	–
	Exit	MARATHON OIL CORP	$0	–	-171,582	–	-1.28%	–
	Exit	HEWLETT-PACKARD CO	$0	–	-286,936	–	-1.28%	–
	Exit	MICROSOFT CORP.	$0	–	-182,200	–	-1.29%	–
	Exit	QUEST DIAGNOSTICS	$0	–	-100,057	–	-1.32%	–
	Exit	THE CHUBB CORPORATION	$0	–	-70,475	–	-1.34%	–
	Exit	JM SMUCKER CO/THE	$0	–	-60,200	–	-1.35%	–
	Exit	FOREST LABORATORIES INC	$0	–	-151,400	–	-1.38%	–
	Exit	NEXTERA ENERGY, INC.	$0	–	-81,944	–	-1.40%	–
	Exit	CARTER'S INC	$0	–	-88,451	–	-1.43%	–
	Exit	WELLPOINT INC (NEW)	$0	–	-85,642	–	-1.53%	–
	Exit	UNIVEST CORP OF PENNSYLVANIA	$0	–	-683,573	–	-2.75%	–
	Exit	MAC-GRAY CORP	$0	–	-921,488	–	-2.86%	–
	Exit	SAMSUNG ELECTRONICS COMMON-GDRgdr	$0	–	-35,607	–	-4.83%	–
	Exit	SOUTHWEST BANCORP INC.	$0	–	-1,872,792	–	-5.92%	–
	Exit	AMERIS BANCORP	$0	–	-2,078,874	–	-8.15%	–
	Exit	INDEPENDENT BANK CORP/MA	$0	–	-1,295,056	–	-9.86%	–
	Exit	TEVA PHARMACEUTICAL - SP ADRspon adr	$0	–	-1,356,880	–	-10.94%	–
	Exit	INFOSYS LTD - SP ADRspon adr	$0	–	-1,085,150	–	-11.14%	–
	Exit	BHP BILLITON PLC - ADR (UK)adr	$0	–	-920,258	–	-11.56%	–

Q3 2013

			Value		Shares		↓ Weighting
	Sell	BHP BILLITON PLC - ADR (UK)adr	$54,166,000	-34.8%	920,258	-43.2%	11.56%	+147.1%
	Sell	INFOSYS LTD - SP ADRspon adr	$52,207,000	-41.5%	1,085,150	-49.9%	11.14%	+121.9%
	Sell	TEVA PHARMACEUTICAL - SP ADRspon adr	$51,263,000	-45.3%	1,356,880	-43.2%	10.94%	+107.4%
	Sell	INDEPENDENT BANK CORP/MA	$46,233,000	-4.7%	1,295,056	-7.9%	9.86%	+261.1%
	Sell	AMERIS BANCORP	$38,210,000	-11.9%	2,078,874	-19.2%	8.15%	+234.0%
	Sell	SOUTHWEST BANCORP INC.	$27,736,000	+2.2%	1,872,792	-8.9%	5.92%	+287.3%
	Sell	SAMSUNG ELECTRONICS COMMON-GDRgdr	$22,646,000	+5.1%	35,607	-2.9%	4.83%	+298.7%
	Sell	MAC-GRAY CORP	$13,417,000	-9.4%	921,488	-11.6%	2.86%	+243.7%
	Sell	UNIVEST CORP OF PENNSYLVANIA	$12,885,000	-43.5%	683,573	-42.8%	2.75%	+114.3%
	Sell	WELLPOINT INC (NEW)	$7,161,000	-88.4%	85,642	-88.7%	1.53%	-56.1%
	Sell	CARTER'S INC	$6,713,000	-91.9%	88,451	-92.1%	1.43%	-69.3%
	Sell	NEXTERA ENERGY, INC.	$6,569,000	-88.3%	81,944	-88.1%	1.40%	-55.7%
	Sell	FOREST LABORATORIES INC	$6,478,000	-88.0%	151,400	-88.5%	1.38%	-54.4%
	Sell	JM SMUCKER CO/THE	$6,323,000	-88.6%	60,200	-88.8%	1.35%	-56.8%
	Sell	THE CHUBB CORPORATION	$6,291,000	-88.1%	70,475	-88.7%	1.34%	-54.9%
	Sell	QUEST DIAGNOSTICS	$6,183,000	-88.3%	100,057	-88.5%	1.32%	-55.7%
	Sell	MICROSOFT CORP.	$6,064,000	-89.3%	182,200	-88.9%	1.29%	-59.4%
	Sell	HEWLETT-PACKARD CO	$6,023,000	-89.9%	286,936	-88.0%	1.28%	-61.5%
	Sell	MARATHON OIL CORP	$5,985,000	-88.8%	171,582	-88.8%	1.28%	-57.4%
	Sell	PRAXAIR INC.	$5,857,000	-88.7%	48,726	-89.1%	1.25%	-57.0%
	Sell	FRONTIER COMMUNICATIONS CORP	$5,424,000	-89.3%	1,297,717	-89.7%	1.16%	-59.6%
	Sell	XEROX CORP	$5,417,000	-90.1%	526,400	-91.2%	1.16%	-62.3%
	Sell	UNITEDHEALTH GROUP INC	$5,383,000	-90.6%	75,172	-91.4%	1.15%	-64.4%
	Sell	WEBSTER FINANCIAL CORP - CT	$5,369,000	-90.6%	210,295	-90.5%	1.15%	-64.2%
	Sell	INTERNATIONAL BANCSHARES CORP	$4,939,000	-91.3%	228,427	-90.9%	1.05%	-67.0%
	Sell	WESTERN UNION CO.	$4,842,000	-91.2%	259,500	-91.9%	1.03%	-66.6%
	Sell	BROOKS AUTOMATION INC	$4,710,000	-84.3%	505,959	-83.6%	1.00%	-40.5%
	Sell	GENERAL DYNAMICS CORP.	$4,625,000	-91.1%	52,840	-92.0%	0.99%	-66.1%
	Sell	ASTORIA FINANCIAL CORP	$4,621,000	-91.7%	371,485	-92.8%	0.99%	-68.4%
	Sell	ALLETE	$4,390,000	-91.8%	90,900	-91.5%	0.94%	-68.7%
BNCN	Sell	BNC BANCORP	$4,149,000	+11.0%	310,995	-5.0%	0.88%	+321.4%
	Sell	MARATHON PETROLEUM CORP	$3,875,000	-94.0%	60,241	-93.4%	0.83%	-77.3%
	Sell	VERIZON COMMUNICATIONS	$3,393,000	-93.7%	72,701	-93.2%	0.72%	-76.3%
	Sell	BROOKLINE BANCORP INC	$3,130,000	-79.3%	333,000	-80.9%	0.67%	-21.6%
	Sell	REGAL ENTERTAINMENT GROUP - A	$2,847,000	-79.3%	149,987	-80.5%	0.61%	-21.6%
	Sell	COLONY BANKCORP INC.	$2,339,000	-19.1%	399,845	-5.8%	0.50%	+206.1%
	Sell	PEOPLES BANCORP INC	$1,040,000	-89.5%	49,800	-89.4%	0.22%	-60.1%
	New	144A SOUTH INDIAN BANK LIMITED DERIVATIVEderivative	$802,000	–	2,535,250	–	0.17%	–
	New	144A USHA MARTIN LTD_ODI_21AUG18derivative	$272,000	–	807,100	–	0.06%	–
	Exit	144A USHA MARTIN LTDderivative	$0	–	-807,100	–	-0.02%	–
	Exit	144A SOUTH INDIAN BANK LIMITED DERIVATIVEderivative	$0	–	-2,535,250	–	-0.06%	–

Q2 2013

			Value		Shares		↓ Weighting
	New	TEVA PHARMACEUTICAL - SP ADRspon adr	$93,701,000	–	2,390,353	–	5.27%	–
	New	INFOSYS LTD - SP ADRspon adr	$89,207,000	–	2,165,750	–	5.02%	–
	New	BHP BILLITON PLC - ADR (UK)adr	$83,116,000	–	1,621,149	–	4.68%	–
	New	CARTER'S INC	$82,865,000	–	1,118,751	–	4.66%	–
	New	MARATHON PETROLEUM CORP	$64,720,000	–	910,791	–	3.64%	–
	New	WELLPOINT INC (NEW)	$61,779,000	–	754,876	–	3.48%	–
	New	HEWLETT-PACKARD CO	$59,388,000	–	2,394,703	–	3.34%	–
	New	UNITEDHEALTH GROUP INC	$57,336,000	–	875,631	–	3.23%	–
	New	WEBSTER FINANCIAL CORP - CT	$56,919,000	–	2,216,477	–	3.20%	–
	New	INTERNATIONAL BANCSHARES CORP	$56,769,000	–	2,514,142	–	3.20%	–
	New	MICROSOFT CORP.	$56,615,000	–	1,638,900	–	3.19%	–
	New	NEXTERA ENERGY, INC.	$56,237,000	–	690,197	–	3.16%	–
	New	ASTORIA FINANCIAL CORP	$55,524,000	–	5,150,708	–	3.12%	–
	New	JM SMUCKER CO/THE	$55,443,000	–	537,500	–	3.12%	–
	New	WESTERN UNION CO.	$54,931,000	–	3,210,500	–	3.09%	–
	New	XEROX CORP	$54,476,000	–	6,006,200	–	3.07%	–
	New	VERIZON COMMUNICATIONS	$54,175,000	–	1,076,201	–	3.05%	–
	New	FOREST LABORATORIES INC	$53,851,000	–	1,313,460	–	3.03%	–
	New	ALLETE	$53,273,000	–	1,068,684	–	3.00%	–
	New	MARATHON OIL CORP	$53,207,000	–	1,538,682	–	3.00%	–
	New	QUEST DIAGNOSTICS	$52,875,000	–	872,109	–	2.98%	–
	New	THE CHUBB CORPORATION	$52,827,000	–	624,075	–	2.97%	–
	New	GENERAL DYNAMICS CORP.	$51,746,000	–	660,620	–	2.91%	–
	New	PRAXAIR INC.	$51,678,000	–	448,757	–	2.91%	–
	New	FRONTIER COMMUNICATIONS CORP	$50,918,000	–	12,572,556	–	2.87%	–
	New	INDEPENDENT BANK CORP/MA	$48,536,000	–	1,406,862	–	2.73%	–
	New	AMERIS BANCORP	$43,373,000	–	2,574,074	–	2.44%	–
	New	BROOKS AUTOMATION INC	$29,993,000	–	3,082,604	–	1.69%	–
	New	SOUTHWEST BANCORP INC.	$27,147,000	–	2,056,612	–	1.53%	–
	New	UNIVEST CORP OF PENNSYLVANIA	$22,794,000	–	1,195,317	–	1.28%	–
	New	SAMSUNG ELECTRONICS COMMON-GDRgdr	$21,537,000	–	36,657	–	1.21%	–
	New	BROOKLINE BANCORP INC	$15,146,000	–	1,745,000	–	0.85%	–
	New	MAC-GRAY CORP	$14,803,000	–	1,042,490	–	0.83%	–
	New	REGAL ENTERTAINMENT GROUP - A	$13,749,000	–	768,133	–	0.77%	–
	New	PEOPLES BANCORP INC	$9,871,000	–	468,300	–	0.56%	–
BNCN	New	BNC BANCORP	$3,737,000	–	327,295	–	0.21%	–
	New	COLONY BANKCORP INC.	$2,891,000	–	424,598	–	0.16%	–
	New	SHANGHAI MECHANICAL AND EL-B SHARES	$1,606,000	–	1,455,568	–	0.09%	–
	New	144A NIIT TECHNOLOGIES DERIVATIVEderivative	$1,264,000	–	276,900	–	0.07%	–
	New	144A SOUTH INDIAN BANK LIMITED DERIVATIVEderivative	$977,000	–	2,535,250	–	0.06%	–
	New	CAMBRIDGE BANCORP	$905,000	–	24,482	–	0.05%	–
	New	144A LIC HOUSING FINANCE DERIVATIVEderivative	$875,000	–	204,200	–	0.05%	–
	New	DIME COMMUNITY BANCSHARES INC	$626,000	–	40,900	–	0.04%	–
	New	144A KRBL LIMITED DERIVATIVEderivative	$613,000	–	1,679,000	–	0.04%	–
	New	FIRST CONNECTICUT BANCORP, INC.	$574,000	–	41,300	–	0.03%	–
	New	METHANEX CORPORATION (US SHARES)adr	$379,000	–	8,870	–	0.02%	–
TSM	New	TAIWAN SEMICONDUCTOR - SP ADRspon adr	$315,000	–	17,239	–	0.02%	–
	New	144A USHA MARTIN LTDderivative	$319,000	–	807,100	–	0.02%	–
	New	PARK STERLING CORP	$303,000	–	51,438	–	0.02%	–
	New	NAUGATUCK VALLEY FINANCIAL	$283,000	–	38,600	–	0.02%	–
	New	UNITED FINANCIAL BANCORP INC	$217,000	–	14,362	–	0.01%	–
	New	CITY HOLDING CO	$163,000	–	4,195	–	0.01%	–
	New	SAMSUNG ELECTRONICS PFD N/V-GDRgdr	$143,000	–	370	–	0.01%	–
	New	NOVARTIS AG-ADRadr	$56,000	–	800	–	0.00%	–

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