CNA FINANCIAL CORP Activity Q3 1999-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
EPD	Sell	ENTERPRISE PRODS PARTNERS L	$21,896,000	-2.2%	800,000	-5.9%	12.29%	-8.7%
	Buy	APOLLO GLOBAL MGMT INC	$17,503,200	+23.2%	195,000	+5.4%	9.82%	+15.0%
APD	Buy	AIR PRODS & CHEMS INC	$17,004,000	+13.5%	60,000	+20.0%	9.54%	+6.0%
LNG	Buy	CHENIERE ENERGY INC	$16,596,000	+14.7%	100,000	+5.3%	9.31%	+7.0%
HUM	Buy	HUMANA INC	$14,595,600	+226.4%	30,000	+200.0%	8.19%	+204.8%
BMY	Buy	BRISTOL-MYERS SQUIBB CO	$14,510,000	+22.6%	250,000	+35.1%	8.14%	+14.5%
ORCL	Buy	ORACLE CORP	$10,856,800	+30.2%	102,500	+46.4%	6.09%	+21.6%
INGR	Sell	INGREDION INC	$10,824,000	-11.2%	110,000	-4.3%	6.08%	-17.1%
BERY	Sell	BERRY GLOBAL GROUP INC	$9,905,600	-9.4%	160,000	-5.9%	5.56%	-15.4%
	New	DIEBOLD NIXDORF INC	$8,532,356	–	450,494	–	4.79%	–
HES	New	HESS CORP	$8,415,000	–	55,000	–	4.72%	–
GOOGL	Sell	ALPHABET INCcap stk cl a	$8,178,750	-14.6%	62,500	-21.9%	4.59%	-20.3%
ARES	New	ARES MANAGEMENT CORPORATION	$5,143,500	–	50,000	–	2.89%	–
XSPA	Exit	XWELL INC	$0	–	-31,369	–	-0.00%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE IN	$0	–	-20,000	–	-1.36%	–
AMD	Exit	ADVANCED MICRO DEVICES INC	$0	–	-40,000	–	-2.74%	–
FERG	Exit	FERGUSON PLC NEW	$0	–	-60,000	–	-5.67%	–
UNH	Exit	UNITEDHEALTH GRP INC	$0	–	-21,500	–	-6.21%	–

Q2 2023

			Value		Shares		↓ Weighting
EPD	New	ENTERPRISE PRODS PARTNERS L	$22,397,500	–	850,000	–	13.46%	–
APD	New	AIR PRODS & CHEMS INC	$14,976,500	–	50,000	–	9.00%	–
LNG	New	CHENIERE ENERGY INC	$14,474,200	–	95,000	–	8.70%	–
	New	APOLLO GLOBAL MGMT INC	$14,209,850	–	185,000	–	8.54%	–
INGR	New	INGREDION INC	$12,184,250	–	115,000	–	7.32%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$11,830,750	–	185,000	–	7.11%	–
HCA	New	HCA HEALTHCARE INC	$11,380,500	–	37,500	–	6.84%	–
BERY	New	BERRY GLOBAL GROUP INC	$10,937,800	–	170,000	–	6.58%	–
UNH	New	UNITEDHEALTH GRP INC	$10,333,760	–	21,500	–	6.21%	–
GOOGL	New	ALPHABET INCcap stk cl a	$9,576,000	–	80,000	–	5.76%	–
FERG	New	FERGUSON PLC NEW	$9,438,600	–	60,000	–	5.67%	–
ORCL	New	ORACLE CORP	$8,336,300	–	70,000	–	5.01%	–
NEAR	New	ISHARES U S ETF TRblackrock st mat	$4,972,000	–	100,000	–	2.99%	–
AMD	New	ADVANCED MICRO DEVICES INC	$4,556,400	–	40,000	–	2.74%	–
HUM	New	HUMANA INC	$4,471,300	–	10,000	–	2.69%	–
ICE	New	INTERCONTINENTAL EXCHANGE IN	$2,261,600	–	20,000	–	1.36%	–
XSPA	New	XWELL INC	$6,296	–	31,369	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
XSPA	Exit	XPRESSPA GROUP INC	$0	–	-31,369	–	-0.01%	–
ADCT	Exit	ADC THERAPEUTICS SA	$0	–	-13,945	–	-0.02%	–
	Exit	ERASCA INC	$0	–	-19,197	–	-0.06%	–
	Exit	SMARTRENT INC	$0	–	-69,750	–	-0.06%	–
AZEK	Exit	AZEK CO INCcl a	$0	–	-11,683	–	-0.07%	–
VIR	Exit	VIR BIOTECHNOLOGY INC	$0	–	-10,192	–	-0.08%	–
RARE	Exit	ULTRAGENYX PHARMACEUTICAL IN	$0	–	-5,310	–	-0.08%	–
	Exit	NUVEI CORPORATION	$0	–	-8,202	–	-0.08%	–
	Exit	DRAFTKINGS INC NEW	$0	–	-14,722	–	-0.08%	–
ZNTL	Exit	ZENTALIS PHARMACEUTICALS INC	$0	–	-10,516	–	-0.09%	–
RLAY	Exit	RELAY THERAPEUTICS INC	$0	–	-10,499	–	-0.09%	–
VITL	Exit	VITAL FARMS INC	$0	–	-19,487	–	-0.09%	–
SYNA	Exit	SYNAPTICS INC	$0	–	-2,395	–	-0.09%	–
YMAB	Exit	Y-MABS THERAPEUTICS INC	$0	–	-16,720	–	-0.09%	–
	Exit	ENFUSION INCcl a	$0	–	-20,099	–	-0.09%	–
RH	Exit	RH	$0	–	-1,009	–	-0.09%	–
LOVE	Exit	LOVESAC COMPANY	$0	–	-12,269	–	-0.10%	–
JAMF	Exit	JAMF HLDG CORP	$0	–	-11,626	–	-0.10%	–
RXRX	Exit	RECURSION PHARMACEUTICALS INcl a	$0	–	-24,112	–	-0.10%	–
	Exit	HOLLEY INC	$0	–	-63,411	–	-0.10%	–
ALTR	Exit	ALTAIR ENGR INC	$0	–	-5,968	–	-0.10%	–
CHRS	Exit	COHERUS BIOSCIENCES INC	$0	–	-28,451	–	-0.10%	–
LEGN	Exit	LEGEND BIOTECH CORPsponsored ads	$0	–	-6,715	–	-0.10%	–
	Exit	P10 INC	$0	–	-26,608	–	-0.11%	–
PAR	Exit	PAR TECHNOLOGY CORP	$0	–	-10,251	–	-0.12%	–
ASND	Exit	ASCENDIS PHARMA A/Ssponsored adr	$0	–	-2,985	–	-0.12%	–
ISEE	Exit	IVERIC BIO INC	$0	–	-18,140	–	-0.12%	–
MSGS	Exit	MADISON SQUARE GRDN SPRT CORcl a	$0	–	-2,488	–	-0.13%	–
NTLA	Exit	INTELLIA THERAPEUTICS INC	$0	–	-6,510	–	-0.14%	–
RPAY	Exit	REPAY HLDGS CORP	$0	–	-51,943	–	-0.14%	–
ARWR	Exit	ARROWHEAD PHARMACEUTICALS INC	$0	–	-11,100	–	-0.14%	–
INSM	Exit	INSMED INC	$0	–	-17,644	–	-0.14%	–
PENN	Exit	PENN NATL GAMING INC	$0	–	-14,084	–	-0.15%	–
TREX	Exit	TREX CO INC	$0	–	-8,865	–	-0.15%	–
	Exit	LIFE TIME GROUP HOLDINGS INC	$0	–	-40,152	–	-0.15%	–
FIVE	Exit	FIVE BELOW INC	$0	–	-2,860	–	-0.15%	–
KTOS	Exit	KRATOS DEFENSE & SEC SOLUTIO	$0	–	-39,438	–	-0.15%	–
CLVT	Exit	CLARIVATE PLC	$0	–	-43,272	–	-0.15%	–
VRNS	Exit	VARONIS SYS INC	$0	–	-16,166	–	-0.16%	–
COLD	Exit	AMERICOLD RLTY TR	$0	–	-17,546	–	-0.16%	–
DTM	Exit	DT MIDSTREAM INC	$0	–	-8,470	–	-0.17%	–
PGNY	Exit	PROGYNY INC	$0	–	-11,948	–	-0.17%	–
BPMC	Exit	BLUEPRINT MEDICINES CORP	$0	–	-6,699	–	-0.17%	–
ONTO	Exit	ONTO INNOVATION INC	$0	–	-7,120	–	-0.17%	–
BFAM	Exit	BRIGHT HORIZONS FAM SOL IN D	$0	–	-7,910	–	-0.17%	–
	Exit	CLEARWATER ANALYTICS HLDGS Icl a	$0	–	-27,260	–	-0.17%	–
	Exit	HILLMAN SOLUTIONS CORP	$0	–	-60,902	–	-0.18%	–
WEX	Exit	WEX INC	$0	–	-3,639	–	-0.18%	–
ITCI	Exit	INTRA-CELLULAR THERAPIES INC	$0	–	-10,510	–	-0.19%	–
LFUS	Exit	LITTELFUSE INC	$0	–	-2,480	–	-0.19%	–
SHLS	Exit	SHOALS TECHNOLOGIES GROUP INcl a	$0	–	-22,854	–	-0.19%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-1,516	–	-0.19%	–
ESI	Exit	ELEMENT SOLUTIONS INC	$0	–	-30,810	–	-0.19%	–
SPT	Exit	SPROUT SOCIAL INC	$0	–	-8,402	–	-0.19%	–
AWI	Exit	ARMSTRONG WORLD INDS INC NEW	$0	–	-6,474	–	-0.20%	–
FLYW	Exit	FLYWIRE CORPORATION	$0	–	-22,482	–	-0.20%	–
MNDY	Exit	MONDAY COM LTD	$0	–	-4,560	–	-0.20%	–
RGEN	Exit	REPLIGEN CORP	$0	–	-2,761	–	-0.20%	–
PLMR	Exit	PALOMAR HLDGS INC	$0	–	-6,180	–	-0.20%	–
	Exit	BRAZE INC	$0	–	-15,167	–	-0.20%	–
SKIN	Exit	THE BEAUTY HEALTH COMPANY	$0	–	-45,078	–	-0.20%	–
TRUP	Exit	TRUPANION INC	$0	–	-8,940	–	-0.20%	–
ALGM	Exit	ALLEGRO MICROSYSTEMS INC	$0	–	-24,639	–	-0.20%	–
MTD	Exit	METTLER TOLEDO INTERNATIONAL	$0	–	-503	–	-0.21%	–
DOCN	Exit	DIGITALOCEAN HLDGS INC	$0	–	-15,147	–	-0.21%	–
FOUR	Exit	SHIFT4 PMTS INCcl a	$0	–	-12,421	–	-0.21%	–
SMAR	Exit	SMARTSHEET INC	$0	–	-16,140	–	-0.21%	–
CAKE	Exit	CHEESECAKE FACTORY INC	$0	–	-19,091	–	-0.21%	–
KRTX	Exit	KARUNA THERAPEUTICS INC	$0	–	-2,485	–	-0.21%	–
HXL	Exit	HEXCEL CORP NEW	$0	–	-10,880	–	-0.21%	–
LAD	Exit	LITHIA MTRS INC	$0	–	-2,689	–	-0.22%	–
ESTC	Exit	ELASTIC N V	$0	–	-8,110	–	-0.22%	–
INSP	Exit	INSPIRE MED SYS INC	$0	–	-3,336	–	-0.22%	–
TMCI	Exit	TREACE MED CONCEPTS INC	$0	–	-26,994	–	-0.23%	–
LSCC	Exit	LATTICE SEMICONDUCTOR CORP	$0	–	-12,300	–	-0.23%	–
STEP	Exit	STEPSTONE GROUP INC	$0	–	-24,740	–	-0.23%	–
FIVN	Exit	FIVE9 INC	$0	–	-8,080	–	-0.23%	–
SF	Exit	STIFEL FINL CORP	$0	–	-11,690	–	-0.23%	–
HQY	Exit	HEALTHEQUITY INC	$0	–	-9,071	–	-0.23%	–
BL	Exit	BLACKLINE INC	$0	–	-10,230	–	-0.23%	–
BIGC	Exit	BIGCOMMERCE HLDGS INC	$0	–	-41,543	–	-0.23%	–
ITT	Exit	ITT INC	$0	–	-9,630	–	-0.24%	–
GDYN	Exit	GRID DYNAMICS HLDGS INCcl a	$0	–	-34,206	–	-0.24%	–
HP	Exit	HELMERICH AND PAYNE INC	$0	–	-17,590	–	-0.25%	–
EYE	Exit	NATIONAL VISION HLDGS INC	$0	–	-19,900	–	-0.25%	–
FA	Exit	FIRST ADVANTAGE CORP NEW	$0	–	-50,833	–	-0.25%	–
MIDD	Exit	MIDDLEBY CORP	$0	–	-5,100	–	-0.25%	–
ETWO	Exit	E2OPEN PARENT HOLDINGS INC	$0	–	-107,844	–	-0.25%	–
MRCY	Exit	MERCURY SYS INC	$0	–	-16,266	–	-0.25%	–
SLAB	Exit	SILICON LABORATORIES INC	$0	–	-5,390	–	-0.25%	–
CDAY	Exit	CERIDIAN HCM HLDG INC	$0	–	-11,900	–	-0.25%	–
SBAC	Exit	SBA COMMUNICATIONS CORP NEWcl a	$0	–	-2,346	–	-0.25%	–
CGNX	Exit	COGNEX CORP	$0	–	-16,115	–	-0.25%	–
CHEF	Exit	CHEFS WHSE INC	$0	–	-23,380	–	-0.26%	–
SILK	Exit	SILK RD MED INC	$0	–	-15,248	–	-0.26%	–
GO	Exit	GROCERY OUTLET HLDG CORP	$0	–	-20,640	–	-0.26%	–
JBI	Exit	JANUS INTERNATIONAL GROUP IN	$0	–	-76,890	–	-0.26%	–
CW	Exit	CURTISS WRIGHT CORP	$0	–	-4,950	–	-0.26%	–
FOXF	Exit	FOX FACTORY HLDG CORP	$0	–	-8,780	–	-0.26%	–
TTEK	Exit	TETRA TECH INC NEW	$0	–	-5,530	–	-0.27%	–
ATRC	Exit	ATRICURE INC	$0	–	-18,270	–	-0.27%	–
UTZ	Exit	UTZ BRANDS INC	$0	–	-48,642	–	-0.28%	–
SKY	Exit	SKYLINE CHAMPION CORPORATION	$0	–	-13,860	–	-0.28%	–
IRTC	Exit	IRHYTHM TECHNOLOGIES INC	$0	–	-5,890	–	-0.28%	–
TTD	Exit	THE TRADE DESK INC	$0	–	-12,359	–	-0.28%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-1,475	–	-0.29%	–
MGY	Exit	MAGNOLIA OIL & GAS CORPcl a	$0	–	-39,158	–	-0.30%	–
AXON	Exit	AXON ENTERPRISE INC	$0	–	-6,741	–	-0.30%	–
AXNX	Exit	AXONICS INC	$0	–	-11,198	–	-0.30%	–
MTSI	Exit	MACOM TECH SOLUTIONS HLDGS I	$0	–	-15,250	–	-0.30%	–
WCN	Exit	WASTE CONNECTIONS INC	$0	–	-5,853	–	-0.30%	–
	Exit	R1 RCM INC	$0	–	-42,855	–	-0.30%	–
HGV	Exit	HILTON GRAND VACATIONS INC	$0	–	-24,110	–	-0.30%	–
NOVT	Exit	NOVANTA INC	$0	–	-6,860	–	-0.30%	–
DAVA	Exit	ENDAVA PLCads	$0	–	-9,990	–	-0.31%	–
	Exit	RYAN SPECIALTY GROUP HLDGS Icl a	$0	–	-19,820	–	-0.31%	–
CHX	Exit	CHAMPIONX CORPORATION	$0	–	-41,390	–	-0.31%	–
AVNT	Exit	AVIENT CORPORATION	$0	–	-27,015	–	-0.31%	–
ROLL	Exit	RBC BEARINGS INC	$0	–	-3,956	–	-0.31%	–
HRI	Exit	HERC HLDGS INC	$0	–	-7,990	–	-0.32%	–
FWONK	Exit	LIBERTY MEDIA CORP DEL	$0	–	-14,184	–	-0.32%	–
SAIA	Exit	SAIA INC	$0	–	-4,370	–	-0.32%	–
MANH	Exit	MANHATTAN ASSOCIATES INC	$0	–	-6,420	–	-0.32%	–
DXCM	Exit	DEXCOM INC	$0	–	-10,675	–	-0.33%	–
LNTH	Exit	LANTHEUS HLDGS INC	$0	–	-12,251	–	-0.33%	–
	Exit	ASPEN TECHNOLOGY INC	$0	–	-3,703	–	-0.34%	–
GWRE	Exit	GUIDEWIRE SOFTWARE INC	$0	–	-14,362	–	-0.34%	–
NSP	Exit	INSPERITY INC	$0	–	-8,790	–	-0.34%	–
TXRH	Exit	TEXAS ROADHOUSE INC	$0	–	-10,300	–	-0.34%	–
VRT	Exit	VERTIV HOLDINGS CO	$0	–	-93,738	–	-0.35%	–
FFIN	Exit	FIRST FINL BANKSHARES INC	$0	–	-22,530	–	-0.36%	–
MTDR	Exit	MATADOR RES CO	$0	–	-20,020	–	-0.37%	–
BRP	Exit	BRP GROUP INC	$0	–	-37,691	–	-0.38%	–
	Exit	EUROPEAN WAX CTR INC	$0	–	-61,498	–	-0.43%	–
RRR	Exit	RED ROCK RESORTS INCcl a	$0	–	-34,477	–	-0.45%	–
HLI	Exit	HOULIHAN LOKEY INCcl a	$0	–	-16,066	–	-0.46%	–
JBT	Exit	JOHN BEAN TECHNOLOGIES CORP	$0	–	-14,493	–	-0.47%	–
IBP	Exit	INSTALLED BLDG PRODS INC	$0	–	-16,714	–	-0.52%	–
PLNT	Exit	PLANET FITNESS INCcl a	$0	–	-23,818	–	-0.52%	–
NARI	Exit	INARI MED INC	$0	–	-20,886	–	-0.58%	–
FND	Exit	FLOOR & DECOR HLDGS INCcl a	$0	–	-21,707	–	-0.58%	–
DRVN	Exit	DRIVEN BRANDS HLDGS INC	$0	–	-58,756	–	-0.62%	–
ICLR	Exit	ICON PLC	$0	–	-9,014	–	-0.63%	–
SITE	Exit	SITEONE LANDSCAPE SUPPLY INC	$0	–	-16,295	–	-0.64%	–
GTLS	Exit	CHART INDS INC	$0	–	-9,650	–	-0.68%	–
ASGN	Exit	ASGN INC	$0	–	-19,935	–	-0.68%	–
KNSL	Exit	KINSALE CAP GROUP INC	$0	–	-7,126	–	-0.69%	–
IT	Exit	GARTNER INC	$0	–	-10,580	–	-1.11%	–
HBI	Exit	HANESBRANDS INC	$0	–	-625,000	–	-1.65%	–
DVN	Exit	DEVON ENERGY CORP NEW	$0	–	-75,000	–	-1.72%	–
NEAR	Exit	ISHARES U S ETF TRblackrock st mat	$0	–	-100,000	–	-1.87%	–
WDC	Exit	WESTERN DIGITAL CORP.	$0	–	-155,000	–	-1.92%	–
FERG	Exit	FERGUSON PLC NEW	$0	–	-50,000	–	-1.96%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-60,000	–	-2.18%	–
UAN	Exit	CVR PARTNERS LP	$0	–	-50,266	–	-2.19%	–
SSNC	Exit	SS&C TECHNOLOGIES HLDGS INC	$0	–	-130,000	–	-2.36%	–
ABBV	Exit	ABBVIE INC	$0	–	-50,000	–	-2.55%	–
INGR	Exit	INGREDION INC	$0	–	-95,000	–	-2.91%	–
	Exit	ARDAGH METAL PACKAGING S.A.	$0	–	-1,600,000	–	-2.94%	–
DNB	Exit	DUN & BRADSTREET HLDGS INC	$0	–	-670,000	–	-3.16%	–
BERY	Exit	BERRY GLOBAL GROUP INC	$0	–	-180,000	–	-3.18%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-47,500	–	-4.20%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-170,000	–	-4.60%	–
HCA	Exit	HCA HEALTHCARE INC	$0	–	-75,000	–	-5.24%	–
FB	Exit	META PLATFORMS INCcl a	$0	–	-110,000	–	-5.68%	–
LNG	Exit	CHENIERE ENERGY INC	$0	–	-100,000	–	-6.31%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-725,000	–	-6.56%	–

Q3 2022

			Value		Shares		↓ Weighting
EPD	Buy	ENTERPRISE PRODS PARTNERS L	$17,241,000	+17.9%	725,000	+20.8%	6.56%	+28.3%
LNG	Buy	CHENIERE ENERGY INC	$16,591,000	+55.9%	100,000	+25.0%	6.31%	+69.6%
FB	Buy	META PLATFORMS INCcl a	$14,925,000	+2.8%	110,000	+22.2%	5.68%	+11.9%
HCA	Buy	HCA HEALTHCARE INC	$13,784,000	+31.2%	75,000	+20.0%	5.24%	+42.8%
BMY	Sell	BRISTOL-MYERS SQUIBB CO	$12,085,000	-13.3%	170,000	-6.1%	4.60%	-5.7%
APD	Buy	AIR PRODS & CHEMS INC	$11,055,000	+2.2%	47,500	+5.6%	4.20%	+11.1%
BERY	Buy	BERRY GLOBAL GROUP INC	$8,375,000	-1.1%	180,000	+16.1%	3.18%	+7.6%
DNB	Sell	DUN & BRADSTREET HLDGS INC	$8,301,000	-21.1%	670,000	-4.3%	3.16%	-14.2%
INGR	Buy	INGREDION INC	$7,649,000	+24.0%	95,000	+35.7%	2.91%	+34.9%
ABBV	Sell	ABBVIE INC	$6,711,000	-27.0%	50,000	-16.7%	2.55%	-20.6%
SSNC	Buy	SS&C TECHNOLOGIES HLDGS INC	$6,208,000	-2.8%	130,000	+18.2%	2.36%	+5.7%
GOOGL	Buy	ALPHABET INCcap stk cl a	$5,739,000	-12.2%	60,000	+1900.0%	2.18%	-4.5%
FERG	Sell	FERGUSON PLC NEW	$5,147,000	-45.3%	50,000	-41.2%	1.96%	-40.5%
WDC	Sell	WESTERN DIGITAL CORP.	$5,045,000	-33.8%	155,000	-8.8%	1.92%	-28.0%
DVN	New	DEVON ENERGY CORP NEW	$4,510,000	–	75,000	–	1.72%	–
HBI	Buy	HANESBRANDS INC	$4,350,000	-29.5%	625,000	+4.2%	1.65%	-23.4%
IT	Sell	GARTNER INC	$2,927,000	+3.6%	10,580	-9.4%	1.11%	+12.8%
KNSL	Sell	KINSALE CAP GROUP INC	$1,820,000	+5.2%	7,126	-5.4%	0.69%	+14.4%
ASGN	Sell	ASGN INC	$1,802,000	-5.3%	19,935	-5.4%	0.68%	+3.0%
GTLS	Sell	CHART INDS INC	$1,779,000	+0.9%	9,650	-8.4%	0.68%	+9.7%
SITE	Sell	SITEONE LANDSCAPE SUPPLY INC	$1,697,000	-16.7%	16,295	-5.0%	0.64%	-9.4%
ICLR	Sell	ICON PLC	$1,657,000	-19.8%	9,014	-5.4%	0.63%	-12.7%
DRVN	Sell	DRIVEN BRANDS HLDGS INC	$1,644,000	-12.2%	58,756	-13.6%	0.62%	-4.6%
FND	Sell	FLOOR & DECOR HLDGS INCcl a	$1,525,000	-4.7%	21,707	-14.6%	0.58%	+3.6%
NARI	Sell	INARI MED INC	$1,517,000	-9.4%	20,886	-15.2%	0.58%	-1.5%
PLNT	Sell	PLANET FITNESS INCcl a	$1,373,000	-19.9%	23,818	-5.5%	0.52%	-12.9%
IBP	Sell	INSTALLED BLDG PRODS INC	$1,354,000	-18.0%	16,714	-15.8%	0.52%	-10.7%
JBT	Sell	JOHN BEAN TECHNOLOGIES CORP	$1,246,000	-28.0%	14,493	-7.6%	0.47%	-21.7%
HLI	Sell	HOULIHAN LOKEY INCcl a	$1,211,000	-12.3%	16,066	-8.2%	0.46%	-4.6%
RRR	Buy	RED ROCK RESORTS INCcl a	$1,181,000	+3.6%	34,477	+0.9%	0.45%	+12.5%
	Sell	EUROPEAN WAX CTR INC	$1,135,000	+3.6%	61,498	-1.1%	0.43%	+12.8%
BRP	Sell	BRP GROUP INC	$993,000	+3.2%	37,691	-5.4%	0.38%	+12.5%
MTDR	Sell	MATADOR RES CO	$979,000	+1.9%	20,020	-2.9%	0.37%	+10.7%
FFIN	Sell	FIRST FINL BANKSHARES INC	$942,000	+1.9%	22,530	-4.2%	0.36%	+10.8%
VRT	Sell	VERTIV HOLDINGS CO	$911,000	+11.8%	93,738	-5.4%	0.35%	+21.4%
TXRH	Sell	TEXAS ROADHOUSE INC	$899,000	+2.0%	10,300	-14.5%	0.34%	+11.0%
NSP	Sell	INSPERITY INC	$897,000	-4.8%	8,790	-6.9%	0.34%	+3.6%
GWRE	Sell	GUIDEWIRE SOFTWARE INC	$884,000	-18.0%	14,362	-5.4%	0.34%	-10.9%
	Sell	ASPEN TECHNOLOGY INC	$882,000	+22.7%	3,703	-5.4%	0.34%	+33.5%
LNTH	New	LANTHEUS HLDGS INC	$862,000	–	12,251	–	0.33%	–
DXCM	Sell	DEXCOM INC	$860,000	+2.3%	10,675	-5.4%	0.33%	+11.2%
MANH	Sell	MANHATTAN ASSOCIATES INC	$854,000	-3.7%	6,420	-17.1%	0.32%	+4.8%
FWONK	Sell	LIBERTY MEDIA CORP DEL	$830,000	-12.8%	14,184	-5.4%	0.32%	-5.1%
SAIA	Sell	SAIA INC	$830,000	-7.7%	4,370	-8.6%	0.32%	+0.6%
HRI	Sell	HERC HLDGS INC	$830,000	+2.9%	7,990	-10.7%	0.32%	+12.1%
ROLL	Sell	RBC BEARINGS INC	$822,000	+6.2%	3,956	-5.4%	0.31%	+15.5%
AVNT	Sell	AVIENT CORPORATION	$819,000	-28.5%	27,015	-5.4%	0.31%	-22.2%
CHX	Sell	CHAMPIONX CORPORATION	$810,000	-2.5%	41,390	-1.1%	0.31%	+5.8%
DAVA	Sell	ENDAVA PLCads	$805,000	-13.6%	9,990	-5.4%	0.31%	-6.1%
	Sell	RYAN SPECIALTY GROUP HLDGS Icl a	$805,000	-11.9%	19,820	-15.0%	0.31%	-4.4%
	New	R1 RCM INC	$794,000	–	42,855	–	0.30%	–
HGV	Sell	HILTON GRAND VACATIONS INC	$793,000	-16.9%	24,110	-9.7%	0.30%	-9.6%
NOVT	Sell	NOVANTA INC	$793,000	-24.0%	6,860	-20.2%	0.30%	-17.3%
WCN	Sell	WASTE CONNECTIONS INC	$791,000	-11.5%	5,853	-18.8%	0.30%	-3.8%
MTSI	Sell	MACOM TECH SOLUTIONS HLDGS I	$790,000	-5.6%	15,250	-16.0%	0.30%	+2.4%
AXNX	Sell	AXONICS INC	$789,000	+6.8%	11,198	-14.1%	0.30%	+16.3%
AXON	Sell	AXON ENTERPRISE INC	$780,000	+6.8%	6,741	-13.9%	0.30%	+16.5%
MGY	Buy	MAGNOLIA OIL & GAS CORPcl a	$776,000	-4.4%	39,158	+1.3%	0.30%	+3.9%
TDG	Sell	TRANSDIGM GROUP INC	$774,000	-7.5%	1,475	-5.4%	0.29%	+0.3%
IRTC	Buy	IRHYTHM TECHNOLOGIES INC	$738,000	+22.2%	5,890	+5.4%	0.28%	+33.2%
TTD	Sell	THE TRADE DESK INC	$738,000	+34.9%	12,359	-5.4%	0.28%	+47.1%
UTZ	Sell	UTZ BRANDS INC	$734,000	+3.2%	48,642	-5.4%	0.28%	+12.0%
SKY	Sell	SKYLINE CHAMPION CORPORATION	$733,000	-12.5%	13,860	-21.6%	0.28%	-4.8%
ATRC	Sell	ATRICURE INC	$714,000	-10.6%	18,270	-6.5%	0.27%	-2.5%
TTEK	Sell	TETRA TECH INC NEW	$711,000	-20.3%	5,530	-15.3%	0.27%	-13.5%
FOXF	Sell	FOX FACTORY HLDG CORP	$694,000	-28.5%	8,780	-27.1%	0.26%	-22.1%
CW	Buy	CURTISS WRIGHT CORP	$689,000	+8.5%	4,950	+2.9%	0.26%	+18.0%
SILK	Sell	SILK RD MED INC	$686,000	+2.8%	15,248	-16.8%	0.26%	+12.0%
JBI	Sell	JANUS INTERNATIONAL GROUP IN	$686,000	-6.5%	76,890	-5.4%	0.26%	+1.6%
GO	Buy	GROCERY OUTLET HLDG CORP	$687,000	+30.6%	20,640	+67.1%	0.26%	+41.8%
CHEF	Sell	CHEFS WHSE INC	$677,000	-30.9%	23,380	-7.2%	0.26%	-25.1%
SBAC	Sell	SBA COMMUNICATIONS CORP NEWcl a	$668,000	-15.9%	2,346	-5.4%	0.25%	-8.6%
CGNX	Sell	COGNEX CORP	$668,000	-7.9%	16,115	-5.4%	0.25%	+0.4%
CDAY	Sell	CERIDIAN HCM HLDG INC	$665,000	+12.3%	11,900	-5.4%	0.25%	+22.2%
SLAB	Sell	SILICON LABORATORIES INC	$665,000	-18.6%	5,390	-7.5%	0.25%	-11.5%
MRCY	Sell	MERCURY SYS INC	$660,000	-38.1%	16,266	-1.9%	0.25%	-32.7%
ETWO	Sell	E2OPEN PARENT HOLDINGS INC	$655,000	-26.2%	107,844	-5.4%	0.25%	-19.7%
MIDD	Sell	MIDDLEBY CORP	$654,000	+1.9%	5,100	-0.4%	0.25%	+11.2%
FA	Sell	FIRST ADVANTAGE CORP NEW	$652,000	-4.3%	50,833	-5.4%	0.25%	+4.2%
HP	Buy	HELMERICH AND PAYNE INC	$650,000	-13.8%	17,590	+0.5%	0.25%	-6.4%
EYE	Buy	NATIONAL VISION HLDGS INC	$650,000	+23.1%	19,900	+3.6%	0.25%	+33.5%
GDYN	Buy	GRID DYNAMICS HLDGS INCcl a	$641,000	+48.7%	34,206	+33.6%	0.24%	+61.6%
ITT	Sell	ITT INC	$629,000	-7.0%	9,630	-4.3%	0.24%	+1.3%
BIGC	Buy	BIGCOMMERCE HLDGS INC	$615,000	+58.1%	41,543	+73.2%	0.23%	+72.1%
BL	Sell	BLACKLINE INC	$613,000	-24.1%	10,230	-15.7%	0.23%	-17.4%
HQY	Sell	HEALTHEQUITY INC	$609,000	+3.4%	9,071	-5.4%	0.23%	+12.6%
SF	Sell	STIFEL FINL CORP	$607,000	-23.0%	11,690	-16.9%	0.23%	-16.0%
LSCC	Sell	LATTICE SEMICONDUCTOR CORP	$605,000	-29.2%	12,300	-30.2%	0.23%	-23.1%
STEP	Sell	STEPSTONE GROUP INC	$606,000	-18.7%	24,740	-13.6%	0.23%	-11.5%
FIVN	New	FIVE9 INC	$606,000	–	8,080	–	0.23%	–
TMCI	Sell	TREACE MED CONCEPTS INC	$596,000	+38.3%	26,994	-10.2%	0.23%	+50.3%
INSP	Sell	INSPIRE MED SYS INC	$592,000	-8.1%	3,336	-5.4%	0.22%	0.0%
ESTC	Buy	ELASTIC N V	$582,000	+21.2%	8,110	+14.2%	0.22%	+31.5%
LAD	Sell	LITHIA MTRS INC	$577,000	-32.3%	2,689	-13.2%	0.22%	-26.5%
HXL	New	HEXCEL CORP NEW	$563,000	–	10,880	–	0.21%	–
CAKE	Sell	CHEESECAKE FACTORY INC	$559,000	+4.9%	19,091	-5.4%	0.21%	+14.5%
KRTX	New	KARUNA THERAPEUTICS INC	$559,000	–	2,485	–	0.21%	–
FOUR	Sell	SHIFT4 PMTS INCcl a	$554,000	+21.2%	12,421	-10.1%	0.21%	+31.9%
SMAR	Buy	SMARTSHEET INC	$555,000	+11.0%	16,140	+1.4%	0.21%	+20.6%
DOCN	Buy	DIGITALOCEAN HLDGS INC	$548,000	+13.7%	15,147	+29.9%	0.21%	+23.1%
MTD	Sell	METTLER TOLEDO INTERNATIONAL	$545,000	-23.6%	503	-19.0%	0.21%	-16.9%
ALGM	Sell	ALLEGRO MICROSYSTEMS INC	$538,000	-2.4%	24,639	-7.4%	0.20%	+6.2%
TRUP	Sell	TRUPANION INC	$531,000	-20.9%	8,940	-19.7%	0.20%	-14.0%
SKIN	Sell	THE BEAUTY HEALTH COMPANY	$531,000	-13.4%	45,078	-5.4%	0.20%	-5.6%
	Buy	BRAZE INC	$528,000	-0.8%	15,167	+3.2%	0.20%	+8.1%
MNDY	Sell	MONDAY COM LTD	$517,000	+7.9%	4,560	-1.7%	0.20%	+18.0%
RGEN	Sell	REPLIGEN CORP	$517,000	-33.1%	2,761	-42.0%	0.20%	-27.0%
PLMR	New	PALOMAR HLDGS INC	$517,000	–	6,180	–	0.20%	–
FLYW	New	FLYWIRE CORPORATION	$516,000	–	22,482	–	0.20%	–
AWI	New	ARMSTRONG WORLD INDS INC NEW	$513,000	–	6,474	–	0.20%	–
SPT	Buy	SPROUT SOCIAL INC	$510,000	+45.7%	8,402	+39.3%	0.19%	+59.0%
ESI	Sell	ELEMENT SOLUTIONS INC	$501,000	-22.3%	30,810	-15.0%	0.19%	-15.1%
IDXX	Sell	IDEXX LABS INC	$494,000	-12.1%	1,516	-5.4%	0.19%	-4.1%
SHLS	Sell	SHOALS TECHNOLOGIES GROUP INcl a	$493,000	+1.6%	22,854	-22.3%	0.19%	+10.0%
LFUS	Sell	LITTELFUSE INC	$493,000	-37.2%	2,480	-19.7%	0.19%	-31.8%
ITCI	Sell	INTRA-CELLULAR THERAPIES INC	$489,000	-19.4%	10,510	-1.1%	0.19%	-12.3%
WEX	Sell	WEX INC	$462,000	-22.9%	3,639	-5.4%	0.18%	-15.8%
	Sell	HILLMAN SOLUTIONS CORP	$459,000	-17.4%	60,902	-5.4%	0.18%	-9.8%
	Sell	CLEARWATER ANALYTICS HLDGS Icl a	$458,000	+39.2%	27,260	-0.2%	0.17%	+51.3%
BFAM	Sell	BRIGHT HORIZONS FAM SOL IN D	$456,000	-35.5%	7,910	-5.4%	0.17%	-30.0%
ONTO	Sell	ONTO INNOVATION INC	$456,000	-20.0%	7,120	-13.0%	0.17%	-13.1%
PGNY	Sell	PROGYNY INC	$443,000	+8.0%	11,948	-15.4%	0.17%	+17.5%
BPMC	Sell	BLUEPRINT MEDICINES CORP	$441,000	+11.9%	6,699	-14.2%	0.17%	+21.7%
DTM	New	DT MIDSTREAM INC	$440,000	–	8,470	–	0.17%	–
COLD	Sell	AMERICOLD RLTY TR	$432,000	-22.4%	17,546	-5.4%	0.16%	-15.9%
VRNS	Sell	VARONIS SYS INC	$429,000	-41.4%	16,166	-35.2%	0.16%	-36.3%
CLVT	Buy	CLARIVATE PLC	$406,000	-12.7%	43,272	+28.9%	0.15%	-5.5%
KTOS	Sell	KRATOS DEFENSE & SEC SOLUTIO	$401,000	-30.7%	39,438	-5.4%	0.15%	-24.8%
FIVE	Sell	FIVE BELOW INC	$394,000	-23.8%	2,860	-37.3%	0.15%	-17.1%
	Sell	LIFE TIME GROUP HOLDINGS INC	$391,000	-31.8%	40,152	-9.8%	0.15%	-25.5%
TREX	Sell	TREX CO INC	$390,000	-23.5%	8,865	-5.4%	0.15%	-16.9%
PENN	Sell	PENN NATL GAMING INC	$387,000	-14.6%	14,084	-5.4%	0.15%	-7.0%
INSM	Sell	INSMED INC	$380,000	-5.2%	17,644	-13.3%	0.14%	+3.6%
RPAY	Sell	REPAY HLDGS CORP	$367,000	-48.0%	51,943	-5.4%	0.14%	-43.3%
ARWR	Sell	ARROWHEAD PHARMACEUTICALS INC	$367,000	-20.2%	11,100	-15.1%	0.14%	-13.0%
NTLA	Sell	INTELLIA THERAPEUTICS INC	$364,000	-18.2%	6,510	-24.3%	0.14%	-11.5%
MSGS	Sell	MADISON SQUARE GRDN SPRT CORcl a	$340,000	-14.4%	2,488	-5.4%	0.13%	-7.2%
ISEE	New	IVERIC BIO INC	$325,000	–	18,140	–	0.12%	–
ASND	Sell	ASCENDIS PHARMA A/Ssponsored adr	$308,000	0.0%	2,985	-10.0%	0.12%	+8.3%
PAR	Sell	PAR TECHNOLOGY CORP	$303,000	-25.4%	10,251	-5.4%	0.12%	-19.0%
LEGN	Buy	LEGEND BIOTECH CORPsponsored ads	$274,000	-22.4%	6,715	+4.7%	0.10%	-15.4%
CHRS	Sell	COHERUS BIOSCIENCES INC	$273,000	+30.0%	28,451	-1.8%	0.10%	+42.5%
ALTR	Sell	ALTAIR ENGR INC	$264,000	-20.2%	5,968	-5.4%	0.10%	-13.8%
JAMF	Sell	JAMF HLDG CORP	$258,000	-15.1%	11,626	-5.4%	0.10%	-7.5%
RXRX	Sell	RECURSION PHARMACEUTICALS INcl a	$257,000	+7.1%	24,112	-18.2%	0.10%	+16.7%
	Sell	HOLLEY INC	$257,000	-68.6%	63,411	-18.6%	0.10%	-65.7%
LOVE	Sell	LOVESAC COMPANY	$250,000	-52.8%	12,269	-36.3%	0.10%	-48.6%
RH	New	RH	$248,000	–	1,009	–	0.09%	–
	Sell	ENFUSION INCcl a	$248,000	+6.9%	20,099	-11.7%	0.09%	+16.0%
YMAB	Sell	Y-MABS THERAPEUTICS INC	$241,000	-33.4%	16,720	-30.1%	0.09%	-27.6%
SYNA	Sell	SYNAPTICS INC	$237,000	-67.4%	2,395	-61.1%	0.09%	-64.6%
VITL	Sell	VITAL FARMS INC	$233,000	+22.6%	19,487	-10.2%	0.09%	+34.8%
RLAY	Sell	RELAY THERAPEUTICS INC	$235,000	-11.0%	10,499	-33.3%	0.09%	-3.3%
ZNTL	Sell	ZENTALIS PHARMACEUTICALS INC	$228,000	-30.5%	10,516	-10.0%	0.09%	-24.3%
	Sell	DRAFTKINGS INC NEW	$223,000	+22.5%	14,722	-5.4%	0.08%	+32.8%
	New	NUVEI CORPORATION	$222,000	–	8,202	–	0.08%	–
RARE	Buy	ULTRAGENYX PHARMACEUTICAL IN	$220,000	-24.7%	5,310	+8.6%	0.08%	-17.6%
VIR	Sell	VIR BIOTECHNOLOGY INC	$197,000	-43.6%	10,192	-25.6%	0.08%	-38.5%
AZEK	Sell	AZEK CO INCcl a	$194,000	-76.5%	11,683	-76.3%	0.07%	-74.4%
	Sell	SMARTRENT INC	$158,000	-62.7%	69,750	-25.6%	0.06%	-59.5%
	Sell	ERASCA INC	$150,000	+26.1%	19,197	-10.2%	0.06%	+35.7%
ADCT	Sell	ADC THERAPEUTICS SA	$67,000	-45.5%	13,945	-10.1%	0.02%	-41.9%
	Exit	MEMBERSHIP COLLECTIVE GROUP	$0	–	-14,684	–	-0.03%	–
PACK	Exit	RANPAK HOLDINGS CORP	$0	–	-23,637	–	-0.06%	–
WIX	Exit	WIX COM LTD	$0	–	-3,285	–	-0.08%	–
FSR	Exit	FISKER INC	$0	–	-28,910	–	-0.09%	–
	Exit	SWEETGREEN INC	$0	–	-21,953	–	-0.09%	–
LBRDK	Exit	LIBERTY BROADBAND CORP	$0	–	-3,217	–	-0.13%	–
KRNT	Exit	KORNIT DIGITAL LTD	$0	–	-12,624	–	-0.14%	–
LOB	Exit	LIVE OAK BANCSHARES INC	$0	–	-13,200	–	-0.16%	–
SMTC	Exit	SEMTECH CORP	$0	–	-9,480	–	-0.18%	–
HCAT	Exit	HEALTH CATALYST INC	$0	–	-39,530	–	-0.20%	–
FRPT	Exit	FRESHPET INC	$0	–	-11,150	–	-0.20%	–
CERT	Exit	CERTARA INC	$0	–	-28,374	–	-0.21%	–
SWCH	Exit	SWITCH INCcl a	$0	–	-19,130	–	-0.22%	–
TNDM	Exit	TANDEM DIABETES CARE INC	$0	–	-11,530	–	-0.24%	–
HAYW	Exit	HAYWARD HLDGS INC	$0	–	-47,646	–	-0.24%	–
SSD	Exit	SIMPSON MFG INC	$0	–	-6,930	–	-0.24%	–
RPD	Exit	RAPID7 INC	$0	–	-12,612	–	-0.29%	–
SAIL	Exit	SAILPOINT TECHNOLOGIES HLDGS	$0	–	-19,213	–	-0.42%	–
CI	Exit	CIGNA CORP NEW	$0	–	-37,500	–	-3.46%	–

Q2 2022

			Value		Shares		↓ Weighting
EPD	New	ENTERPRISE PRODS PARTNERS L	$14,622,000	–	600,000	–	5.11%	–
FB	New	META PLATFORMS INCcl a	$14,513,000	–	90,000	–	5.07%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$13,937,000	–	181,000	–	4.87%	–
APD	New	AIR PRODS & CHEMS INC	$10,822,000	–	45,000	–	3.78%	–
LNG	New	CHENIERE ENERGY INC	$10,642,000	–	80,000	–	3.72%	–
DNB	New	DUN & BRADSTREET HLDGS INC	$10,521,000	–	700,000	–	3.68%	–
HCA	New	HCA HEALTHCARE INC	$10,504,000	–	62,500	–	3.67%	–
CI	New	CIGNA CORP NEW	$9,882,000	–	37,500	–	3.46%	–
	New	ARDAGH METAL PACKAGING S.A.	$9,760,000	–	1,600,000	–	3.41%	–
FERG	New	FERGUSON PLC NEW	$9,410,000	–	85,000	–	3.29%	–
ABBV	New	ABBVIE INC	$9,190,000	–	60,000	–	3.21%	–
BERY	New	BERRY GLOBAL GROUP INC	$8,469,000	–	155,000	–	2.96%	–
WDC	New	WESTERN DIGITAL CORP.	$7,621,000	–	170,000	–	2.66%	–
GOOGL	New	ALPHABET INCcap stk cl a	$6,538,000	–	3,000	–	2.29%	–
SSNC	New	SS&C TECHNOLOGIES HLDGS INC	$6,388,000	–	110,000	–	2.23%	–
HBI	New	HANESBRANDS INC	$6,174,000	–	600,000	–	2.16%	–
INGR	New	INGREDION INC	$6,171,000	–	70,000	–	2.16%	–
UAN	New	CVR PARTNERS LP	$5,019,000	–	50,266	–	1.76%	–
NEAR	New	ISHARES U S ETF TRblackrock st mat	$4,926,000	–	100,000	–	1.72%	–
IT	New	GARTNER INC	$2,824,000	–	11,676	–	0.99%	–
ICLR	New	ICON PLC	$2,065,000	–	9,531	–	0.72%	–
SITE	New	SITEONE LANDSCAPE SUPPLY INC	$2,038,000	–	17,146	–	0.71%	–
ASGN	New	ASGN INC	$1,902,000	–	21,079	–	0.66%	–
DRVN	New	DRIVEN BRANDS HLDGS INC	$1,873,000	–	68,026	–	0.66%	–
GTLS	New	CHART INDS INC	$1,764,000	–	10,538	–	0.62%	–
KNSL	New	KINSALE CAP GROUP INC	$1,730,000	–	7,535	–	0.60%	–
JBT	New	JOHN BEAN TECHNOLOGIES CORP	$1,731,000	–	15,680	–	0.60%	–
PLNT	New	PLANET FITNESS INCcl a	$1,714,000	–	25,206	–	0.60%	–
NARI	New	INARI MED INC	$1,675,000	–	24,632	–	0.59%	–
IBP	New	INSTALLED BLDG PRODS INC	$1,651,000	–	19,853	–	0.58%	–
FND	New	FLOOR & DECOR HLDGS INCcl a	$1,601,000	–	25,426	–	0.56%	–
HLI	New	HOULIHAN LOKEY INCcl a	$1,381,000	–	17,501	–	0.48%	–
SAIL	New	SAILPOINT TECHNOLOGIES HLDGS	$1,204,000	–	19,213	–	0.42%	–
AVNT	New	AVIENT CORPORATION	$1,145,000	–	28,565	–	0.40%	–
RRR	New	RED ROCK RESORTS INCcl a	$1,140,000	–	34,175	–	0.40%	–
	New	EUROPEAN WAX CTR INC	$1,096,000	–	62,201	–	0.38%	–
GWRE	New	GUIDEWIRE SOFTWARE INC	$1,078,000	–	15,186	–	0.38%	–
MRCY	New	MERCURY SYS INC	$1,067,000	–	16,583	–	0.37%	–
NOVT	New	NOVANTA INC	$1,043,000	–	8,600	–	0.36%	–
CHEF	New	CHEFS WHSE INC	$980,000	–	25,190	–	0.34%	–
FOXF	New	FOX FACTORY HLDG CORP	$970,000	–	12,040	–	0.34%	–
MTDR	New	MATADOR RES CO	$961,000	–	20,620	–	0.34%	–
BRP	New	BRP GROUP INC	$962,000	–	39,853	–	0.34%	–
HGV	New	HILTON GRAND VACATIONS INC	$954,000	–	26,700	–	0.33%	–
FWONK	New	LIBERTY MEDIA CORP DEL	$952,000	–	14,998	–	0.33%	–
NSP	New	INSPERITY INC	$942,000	–	9,440	–	0.33%	–
DAVA	New	ENDAVA PLCads	$932,000	–	10,563	–	0.33%	–
FFIN	New	FIRST FINL BANKSHARES INC	$924,000	–	23,530	–	0.32%	–
	New	RYAN SPECIALTY GROUP HLDGS Icl a	$914,000	–	23,310	–	0.32%	–
SAIA	New	SAIA INC	$899,000	–	4,780	–	0.31%	–
WCN	New	WASTE CONNECTIONS INC	$894,000	–	7,211	–	0.31%	–
TTEK	New	TETRA TECH INC NEW	$892,000	–	6,530	–	0.31%	–
ETWO	New	E2OPEN PARENT HOLDINGS INC	$887,000	–	114,029	–	0.31%	–
MANH	New	MANHATTAN ASSOCIATES INC	$887,000	–	7,740	–	0.31%	–
TXRH	New	TEXAS ROADHOUSE INC	$881,000	–	12,040	–	0.31%	–
LSCC	New	LATTICE SEMICONDUCTOR CORP	$855,000	–	17,620	–	0.30%	–
LAD	New	LITHIA MTRS INC	$852,000	–	3,099	–	0.30%	–
DXCM	New	DEXCOM INC	$841,000	–	11,288	–	0.29%	–
RPD	New	RAPID7 INC	$842,000	–	12,612	–	0.29%	–
TDG	New	TRANSDIGM GROUP INC	$837,000	–	1,560	–	0.29%	–
SKY	New	SKYLINE CHAMPION CORPORATION	$838,000	–	17,670	–	0.29%	–
MTSI	New	MACOM TECH SOLUTIONS HLDGS I	$837,000	–	18,150	–	0.29%	–
CHX	New	CHAMPIONX CORPORATION	$831,000	–	41,840	–	0.29%	–
AZEK	New	AZEK CO INCcl a	$826,000	–	49,336	–	0.29%	–
SLAB	New	SILICON LABORATORIES INC	$817,000	–	5,830	–	0.29%	–
	New	HOLLEY INC	$818,000	–	77,924	–	0.29%	–
VRT	New	VERTIV HOLDINGS CO	$815,000	–	99,114	–	0.28%	–
MGY	New	MAGNOLIA OIL & GAS CORPcl a	$812,000	–	38,668	–	0.28%	–
HRI	New	HERC HLDGS INC	$807,000	–	8,950	–	0.28%	–
BL	New	BLACKLINE INC	$808,000	–	12,130	–	0.28%	–
ATRC	New	ATRICURE INC	$799,000	–	19,550	–	0.28%	–
SBAC	New	SBA COMMUNICATIONS CORP NEWcl a	$794,000	–	2,481	–	0.28%	–
SF	New	STIFEL FINL CORP	$788,000	–	14,060	–	0.28%	–
LFUS	New	LITTELFUSE INC	$785,000	–	3,090	–	0.27%	–
ROLL	New	RBC BEARINGS INC	$774,000	–	4,183	–	0.27%	–
RGEN	New	REPLIGEN CORP	$773,000	–	4,761	–	0.27%	–
HP	New	HELMERICH AND PAYNE INC	$754,000	–	17,510	–	0.26%	–
STEP	New	STEPSTONE GROUP INC	$745,000	–	28,640	–	0.26%	–
AXNX	New	AXONICS INC	$739,000	–	13,042	–	0.26%	–
JBI	New	JANUS INTERNATIONAL GROUP IN	$734,000	–	81,300	–	0.26%	–
VRNS	New	VARONIS SYS INC	$732,000	–	24,956	–	0.26%	–
AXON	New	AXON ENTERPRISE INC	$730,000	–	7,831	–	0.26%	–
SYNA	New	SYNAPTICS INC	$727,000	–	6,155	–	0.25%	–
CGNX	New	COGNEX CORP	$725,000	–	17,040	–	0.25%	–
	New	ASPEN TECHNOLOGY INC	$719,000	–	3,916	–	0.25%	–
MTD	New	METTLER TOLEDO INTERNATIONAL	$713,000	–	621	–	0.25%	–
UTZ	New	UTZ BRANDS INC	$711,000	–	51,432	–	0.25%	–
RPAY	New	REPAY HLDGS CORP	$706,000	–	54,923	–	0.25%	–
BFAM	New	BRIGHT HORIZONS FAM SOL IN D	$707,000	–	8,364	–	0.25%	–
SSD	New	SIMPSON MFG INC	$697,000	–	6,930	–	0.24%	–
HAYW	New	HAYWARD HLDGS INC	$686,000	–	47,646	–	0.24%	–
TNDM	New	TANDEM DIABETES CARE INC	$682,000	–	11,530	–	0.24%	–
FA	New	FIRST ADVANTAGE CORP NEW	$681,000	–	53,749	–	0.24%	–
ITT	New	ITT INC	$676,000	–	10,060	–	0.24%	–
TRUP	New	TRUPANION INC	$671,000	–	11,130	–	0.24%	–
SILK	New	SILK RD MED INC	$667,000	–	18,328	–	0.23%	–
INSP	New	INSPIRE MED SYS INC	$644,000	–	3,528	–	0.22%	–
ESI	New	ELEMENT SOLUTIONS INC	$645,000	–	36,250	–	0.22%	–
MIDD	New	MIDDLEBY CORP	$642,000	–	5,120	–	0.22%	–
SWCH	New	SWITCH INCcl a	$641,000	–	19,130	–	0.22%	–
CW	New	CURTISS WRIGHT CORP	$635,000	–	4,810	–	0.22%	–
SKIN	New	THE BEAUTY HEALTH COMPANY	$613,000	–	47,664	–	0.21%	–
CERT	New	CERTARA INC	$609,000	–	28,374	–	0.21%	–
ITCI	New	INTRA-CELLULAR THERAPIES INC	$607,000	–	10,630	–	0.21%	–
IRTC	New	IRHYTHM TECHNOLOGIES INC	$604,000	–	5,590	–	0.21%	–
WEX	New	WEX INC	$599,000	–	3,848	–	0.21%	–
CDAY	New	CERIDIAN HCM HLDG INC	$592,000	–	12,583	–	0.21%	–
HQY	New	HEALTHEQUITY INC	$589,000	–	9,592	–	0.21%	–
FRPT	New	FRESHPET INC	$579,000	–	11,150	–	0.20%	–
KTOS	New	KRATOS DEFENSE & SEC SOLUTIO	$579,000	–	41,700	–	0.20%	–
	New	LIFE TIME GROUP HOLDINGS INC	$573,000	–	44,512	–	0.20%	–
HCAT	New	HEALTH CATALYST INC	$573,000	–	39,530	–	0.20%	–
ONTO	New	ONTO INNOVATION INC	$570,000	–	8,180	–	0.20%	–
IDXX	New	IDEXX LABS INC	$562,000	–	1,603	–	0.20%	–
COLD	New	AMERICOLD RLTY TR	$557,000	–	18,553	–	0.20%	–
	New	HILLMAN SOLUTIONS CORP	$556,000	–	64,395	–	0.19%	–
ALGM	New	ALLEGRO MICROSYSTEMS INC	$551,000	–	26,619	–	0.19%	–
TTD	New	THE TRADE DESK INC	$547,000	–	13,068	–	0.19%	–
	New	BRAZE INC	$532,000	–	14,697	–	0.19%	–
CAKE	New	CHEESECAKE FACTORY INC	$533,000	–	20,187	–	0.19%	–
EYE	New	NATIONAL VISION HLDGS INC	$528,000	–	19,210	–	0.18%	–
LOVE	New	LOVESAC COMPANY	$530,000	–	19,271	–	0.18%	–
GO	New	GROCERY OUTLET HLDG CORP	$526,000	–	12,350	–	0.18%	–
SMTC	New	SEMTECH CORP	$521,000	–	9,480	–	0.18%	–
FIVE	New	FIVE BELOW INC	$517,000	–	4,560	–	0.18%	–
TREX	New	TREX CO INC	$510,000	–	9,374	–	0.18%	–
SMAR	New	SMARTSHEET INC	$500,000	–	15,920	–	0.18%	–
SHLS	New	SHOALS TECHNOLOGIES GROUP INcl a	$485,000	–	29,431	–	0.17%	–
DOCN	New	DIGITALOCEAN HLDGS INC	$482,000	–	11,657	–	0.17%	–
ESTC	New	ELASTIC N V	$480,000	–	7,100	–	0.17%	–
MNDY	New	MONDAY COM LTD	$479,000	–	4,640	–	0.17%	–
CLVT	New	CLARIVATE PLC	$465,000	–	33,571	–	0.16%	–
ARWR	New	ARROWHEAD PHARMACEUTICALS INC	$460,000	–	13,070	–	0.16%	–
FOUR	New	SHIFT4 PMTS INCcl a	$457,000	–	13,811	–	0.16%	–
PENN	New	PENN NATL GAMING INC	$453,000	–	14,892	–	0.16%	–
NTLA	New	INTELLIA THERAPEUTICS INC	$445,000	–	8,600	–	0.16%	–
LOB	New	LIVE OAK BANCSHARES INC	$447,000	–	13,200	–	0.16%	–
TMCI	New	TREACE MED CONCEPTS INC	$431,000	–	30,054	–	0.15%	–
GDYN	New	GRID DYNAMICS HLDGS INCcl a	$431,000	–	25,595	–	0.15%	–
	New	SMARTRENT INC	$424,000	–	93,747	–	0.15%	–
PGNY	New	PROGYNY INC	$410,000	–	14,119	–	0.14%	–
PAR	New	PAR TECHNOLOGY CORP	$406,000	–	10,840	–	0.14%	–
INSM	New	INSMED INC	$401,000	–	20,344	–	0.14%	–
KRNT	New	KORNIT DIGITAL LTD	$400,000	–	12,624	–	0.14%	–
MSGS	New	MADISON SQUARE GRDN SPRT CORcl a	$397,000	–	2,631	–	0.14%	–
BPMC	New	BLUEPRINT MEDICINES CORP	$394,000	–	7,809	–	0.14%	–
BIGC	New	BIGCOMMERCE HLDGS INC	$389,000	–	23,983	–	0.14%	–
LBRDK	New	LIBERTY BROADBAND CORP	$372,000	–	3,217	–	0.13%	–
YMAB	New	Y-MABS THERAPEUTICS INC	$362,000	–	23,910	–	0.13%	–
LEGN	New	LEGEND BIOTECH CORPsponsored ads	$353,000	–	6,415	–	0.12%	–
VIR	New	VIR BIOTECHNOLOGY INC	$349,000	–	13,692	–	0.12%	–
SPT	New	SPROUT SOCIAL INC	$350,000	–	6,030	–	0.12%	–
ALTR	New	ALTAIR ENGR INC	$331,000	–	6,311	–	0.12%	–
ZNTL	New	ZENTALIS PHARMACEUTICALS INC	$328,000	–	11,686	–	0.12%	–
	New	CLEARWATER ANALYTICS HLDGS Icl a	$329,000	–	27,324	–	0.12%	–
ASND	New	ASCENDIS PHARMA A/Ssponsored adr	$308,000	–	3,315	–	0.11%	–
JAMF	New	JAMF HLDG CORP	$304,000	–	12,293	–	0.11%	–
	New	P10 INC	$296,000	–	26,608	–	0.10%	–
RARE	New	ULTRAGENYX PHARMACEUTICAL IN	$292,000	–	4,890	–	0.10%	–
RLAY	New	RELAY THERAPEUTICS INC	$264,000	–	15,749	–	0.09%	–
	New	SWEETGREEN INC	$256,000	–	21,953	–	0.09%	–
FSR	New	FISKER INC	$248,000	–	28,910	–	0.09%	–
RXRX	New	RECURSION PHARMACEUTICALS INcl a	$240,000	–	29,472	–	0.08%	–
	New	ENFUSION INCcl a	$232,000	–	22,759	–	0.08%	–
WIX	New	WIX COM LTD	$215,000	–	3,285	–	0.08%	–
CHRS	New	COHERUS BIOSCIENCES INC	$210,000	–	28,961	–	0.07%	–
VITL	New	VITAL FARMS INC	$190,000	–	21,697	–	0.07%	–
	New	DRAFTKINGS INC NEW	$182,000	–	15,567	–	0.06%	–
PACK	New	RANPAK HOLDINGS CORP	$165,000	–	23,637	–	0.06%	–
ADCT	New	ADC THERAPEUTICS SA	$123,000	–	15,515	–	0.04%	–
	New	ERASCA INC	$119,000	–	21,367	–	0.04%	–
	New	MEMBERSHIP COLLECTIVE GROUP	$95,000	–	14,684	–	0.03%	–
XSPA	New	XPRESSPA GROUP INC	$22,000	–	31,369	–	0.01%	–

Q4 2021

			Value		Shares		↓ Weighting
XSPA	Exit	XPRESSPA GROUP INC	$0	–	-31,369	–	-0.01%	–
TLMD	Exit	SOC TELEMED INC	$0	–	-60,300	–	-0.04%	–
	Exit	DUTCH BROS INCcl a	$0	–	-6,126	–	-0.07%	–
	Exit	MAXCYTE INC	$0	–	-23,063	–	-0.08%	–
CYRX	Exit	CRYOPORT INC	$0	–	-4,313	–	-0.08%	–
	Exit	SIGHT SCIENCES INC	$0	–	-12,847	–	-0.08%	–
	Exit	ERASCA INC	$0	–	-14,137	–	-0.08%	–
BTAI	Exit	BIOXCEL THERAPEUTICS	$0	–	-10,073	–	-0.08%	–
BYSI	Exit	BEYONDSPRING INC	$0	–	-19,764	–	-0.08%	–
PRAX	Exit	PRAXIS PRECISION MED	$0	–	-16,841	–	-0.08%	–
ANNX	Exit	ANNEXON INC	$0	–	-16,920	–	-0.09%	–
	Exit	MEMBERSHIP COLLECTIVE GROUP	$0	–	-28,287	–	-0.10%	–
GH	Exit	GUARDANT HEALTH INC	$0	–	-2,928	–	-0.10%	–
RXRX	Exit	RECURSION PHARMACEUTICALS IN CL Acl a	$0	–	-16,532	–	-0.10%	–
ITOS	Exit	ITEOS THERAPEUTICS INC	$0	–	-14,025	–	-0.10%	–
VITL	Exit	VITAL FARMS INC	$0	–	-21,697	–	-0.10%	–
TIL	Exit	INSTIL BIO INC	$0	–	-21,838	–	-0.11%	–
YMAB	Exit	Y-MABS THERAPEUTICS	$0	–	-13,760	–	-0.11%	–
TPTX	Exit	TURNING POINT THERAPEUTICS	$0	–	-6,023	–	-0.11%	–
ADCT	Exit	ADC THERAPEUTICS	$0	–	-14,805	–	-0.11%	–
RLAY	Exit	RELAY THERAPEUTICS INC	$0	–	-12,799	–	-0.11%	–
FSR	Exit	FISKER INC	$0	–	-28,070	–	-0.11%	–
CHRS	Exit	COHERUS BIOSCIENCES	$0	–	-26,161	–	-0.11%	–
	Exit	AMPLITUDE INC	$0	–	-7,823	–	-0.12%	–
ALTR	Exit	ALTAIR ENGR INC	$0	–	-6,311	–	-0.12%	–
ALLO	Exit	ALLOGENE THERAPEUTIC	$0	–	-17,476	–	-0.12%	–
FA	Exit	FIRST ADVANTAGE CORP NEW COM	$0	–	-24,500	–	-0.13%	–
RARE	Exit	ULTRAGENYX PHARMACEUTICALS	$0	–	-5,180	–	-0.13%	–
CHX	Exit	CHAMPIONX CORPORATION	$0	–	-21,530	–	-0.13%	–
ASND	Exit	ASCENDIS PHARMA A/Ssponsored adr	$0	–	-3,056	–	-0.13%	–
MSGS	Exit	MADISON SQUARE GRDNcl a	$0	–	-2,631	–	-0.13%	–
ARRY	Exit	ARRAY TECHNOLOGIES INC	$0	–	-26,589	–	-0.13%	–
TMCI	Exit	TREACE MED CONCEPTS INC COM	$0	–	-19,004	–	-0.14%	–
PLAN	Exit	ANAPLAN INC	$0	–	-8,457	–	-0.14%	–
RVNC	Exit	REVANCE THERAPEUTICS	$0	–	-18,510	–	-0.14%	–
OLLI	Exit	OLLIES BARGAIN OUTLET	$0	–	-8,578	–	-0.14%	–
VIR	Exit	VIR BIOTECHNOLOGY INC	$0	–	-11,992	–	-0.14%	–
	Exit	RISKIFIED LTD	$0	–	-22,806	–	-0.14%	–
LBRDK	Exit	LIBERTY BROADBAND CORP	$0	–	-3,217	–	-0.15%	–
INSM	Exit	INSMED INC	$0	–	-20,414	–	-0.15%	–
LEGN	Exit	LEGEND BIOTECH CORPsponsored ads	$0	–	-11,165	–	-0.15%	–
BERY	Exit	BERRY GLOBAL GROUP	$0	–	-9,325	–	-0.16%	–
HQY	Exit	HEALTHEQUITY INC	$0	–	-9,592	–	-0.17%	–
ZNTL	Exit	ZENTALIS PHARMACEUTICALS	$0	–	-9,366	–	-0.17%	–
STEP	Exit	STEPSTONE GROUP INC	$0	–	-14,670	–	-0.17%	–
PAYA	Exit	PAYA HOLDINGS INC	$0	–	-60,454	–	-0.18%	–
MRCY	Exit	MERCURY SYS INC	$0	–	-13,947	–	-0.18%	–
ALLK	Exit	ALLAKOS INC	$0	–	-6,330	–	-0.18%	–
WEX	Exit	WEX INC	$0	–	-3,848	–	-0.18%	–
SAIL	Exit	SAILPOINT TECHNOLOGIES	$0	–	-16,004	–	-0.19%	–
ROLL	Exit	RBC BEARINGS INC	$0	–	-3,274	–	-0.19%	–
JAMF	Exit	JAMF HLDG CORP	$0	–	-18,072	–	-0.19%	–
PGNY	Exit	PROGYNY INC	$0	–	-13,022	–	-0.20%	–
UTZ	Exit	UTZ BRANDS INC	$0	–	-42,734	–	-0.20%	–
JBI	Exit	JANUS INTERNATIONAL GROUP INC	$0	–	-60,334	–	-0.20%	–
WIX	Exit	WIX COM LTD	$0	–	-3,781	–	-0.20%	–
DOCN	Exit	DIGITALOCEAN HLDGS INC	$0	–	-9,736	–	-0.21%	–
SLAB	Exit	SILICON LABORATORIES	$0	–	-5,450	–	-0.21%	–
BIGC	Exit	BIGCOMMERCE HLDGS INC	$0	–	-15,153	–	-0.21%	–
	Exit	HILLMAN SOLUTIONS CORP	$0	–	-64,395	–	-0.21%	–
FWONK	Exit	LIBERTY MEDIA CORP D	$0	–	-14,998	–	-0.21%	–
SWCH	Exit	SWITCH INCcl a	$0	–	-31,100	–	-0.22%	–
BPMC	Exit	BLUEPRINT MEDICINES	$0	–	-7,769	–	-0.22%	–
CHEF	Exit	CHEFS WHSE INC	$0	–	-24,780	–	-0.22%	–
BHVN	Exit	BIOHAVEN PHARMACTL	$0	–	-5,850	–	-0.22%	–
SBAC	Exit	SBA COMMUNICATIONS CORPcl a	$0	–	-2,481	–	-0.22%	–
INSP	Exit	INSPIRE MED SYS INC	$0	–	-3,528	–	-0.22%	–
AXNX	Exit	AXONICS MODULATION	$0	–	-13,042	–	-0.23%	–
MTD	Exit	METTLER TOLEDO INTERNATIONAL	$0	–	-641	–	-0.24%	–
FRPT	Exit	FRESHPET INC	$0	–	-6,210	–	-0.24%	–
TWST	Exit	TWIST BIOSCIENCE CORP	$0	–	-8,339	–	-0.24%	–
FIVE	Exit	FIVE BELOW INC	$0	–	-5,080	–	-0.24%	–
WCN	Exit	WASTE CONNECTIONS INC	$0	–	-7,211	–	-0.25%	–
	Exit	HOLLEY INC	$0	–	-77,924	–	-0.25%	–
KTOS	Exit	KRATOS DEFENSE & SEC	$0	–	-41,700	–	-0.25%	–
	Exit	SMARTRENT INC	$0	–	-71,415	–	-0.25%	–
COLD	Exit	AMERICOLD RLTY TR	$0	–	-32,425	–	-0.26%	–
NTLA	Exit	INTELLIA THERAPEUTIC	$0	–	-7,030	–	-0.26%	–
CAKE	Exit	CHEESECAKE FACTORY INC	$0	–	-20,187	–	-0.26%	–
TTD	Exit	THE TRADE DESK INC	$0	–	-13,555	–	-0.26%	–
TREX	Exit	TREX CO INC	$0	–	-9,374	–	-0.26%	–
SNBR	Exit	SLEEP NUMBER CORP	$0	–	-10,260	–	-0.26%	–
	Exit	RYAN SPECIALTY GROUP HOLDINGScl a	$0	–	-28,670	–	-0.26%	–
LOB	Exit	LIVE OAK BANCSHARES	$0	–	-15,210	–	-0.26%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-1,560	–	-0.26%	–
DKNG	Exit	DRAFTKINGS INC	$0	–	-20,262	–	-0.27%	–
HAYW	Exit	HAYWARD HLDGS INC	$0	–	-44,266	–	-0.27%	–
FIGS	Exit	FIGS INC CL Acl a	$0	–	-26,624	–	-0.27%	–
PACK	Exit	RANPAK HOLDINGS CORP	$0	–	-36,861	–	-0.27%	–
SMAR	Exit	SMARTSHEET INC	$0	–	-14,400	–	-0.27%	–
ALGM	Exit	ALLEGRO MICROSYSTEMS	$0	–	-31,289	–	-0.27%	–
ITT	Exit	ITT INC	$0	–	-11,680	–	-0.27%	–
TRUP	Exit	TRUPANION INC	$0	–	-12,990	–	-0.28%	–
CLVT	Exit	CLARIVATE PLC	$0	–	-46,599	–	-0.28%	–
AXON	Exit	AXON ENTERPRISE INC	$0	–	-5,831	–	-0.28%	–
ESI	Exit	ELEMENT SOLUTIONS INC	$0	–	-47,490	–	-0.28%	–
MIDD	Exit	MIDDLEBY CORP	$0	–	-6,080	–	-0.28%	–
RPAY	Exit	REPAY HLDGS CORP	$0	–	-45,351	–	-0.28%	–
HCAT	Exit	HEALTH CATALYST INC	$0	–	-21,090	–	-0.29%	–
LAD	Exit	LITHIA MTRS INC	$0	–	-3,329	–	-0.29%	–
MTDR	Exit	MATADOR RES CO	$0	–	-27,770	–	-0.29%	–
LHCG	Exit	LHC GROUP INC	$0	–	-6,780	–	-0.29%	–
EYE	Exit	NATIONAL VISION HLDG	$0	–	-18,870	–	-0.29%	–
PENN	Exit	PENN NATL GAMING INC	$0	–	-14,892	–	-0.29%	–
ATRC	Exit	ATRICURE INC	$0	–	-15,600	–	-0.30%	–
DCT	Exit	DUCK CREEK TECHNOLOGY	$0	–	-24,938	–	-0.30%	–
CDAY	Exit	CERIDIAN HCM HLDG INC	$0	–	-9,780	–	-0.30%	–
KNSL	Exit	KINSALE CAP GROUP INC	$0	–	-6,869	–	-0.30%	–
OM	Exit	OUTSET MED INC	$0	–	-22,827	–	-0.31%	–
CGNX	Exit	COGNEX CORP	$0	–	-14,181	–	-0.31%	–
AZPN	Exit	ASPEN TECHNOLOGY INC	$0	–	-9,325	–	-0.31%	–
	Exit	EUROPEAN WAX CENTER INC	$0	–	-41,004	–	-0.31%	–
LFUS	Exit	LITTELFUSE INC	$0	–	-4,220	–	-0.31%	–
ETWO	Exit	E2OPEN PARENT HOLDINGS	$0	–	-102,584	–	-0.32%	–
CERT	Exit	CERTARA INC	$0	–	-35,001	–	-0.32%	–
SHLS	Exit	SHOALS TECHNOLOGIEScl a	$0	–	-41,863	–	-0.32%	–
BFAM	Exit	BRIGHT HORIZONS FAM	$0	–	-8,364	–	-0.32%	–
EVBG	Exit	EVERBRIDGE INC	$0	–	-7,930	–	-0.33%	–
SKY	Exit	SKYLINE CHAMPION CORP	$0	–	-20,210	–	-0.33%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-1,962	–	-0.33%	–
SF	Exit	STIFEL FINL CORP	$0	–	-18,280	–	-0.34%	–
TXRH	Exit	TEXAS ROADHOUSE INC	$0	–	-13,780	–	-0.34%	–
HGV	Exit	HILTON GRAND VACATION	$0	–	-26,660	–	-0.34%	–
SSD	Exit	SIMPSON MFG INC	$0	–	-12,090	–	-0.35%	–
MANH	Exit	MANHATTAN ASSOCIATES	$0	–	-8,510	–	-0.36%	–
RPD	Exit	RAPID7 INC	$0	–	-11,562	–	-0.36%	–
AVNT	Exit	AVIENT CORPORATION	$0	–	-28,565	–	-0.36%	–
MTSI	Exit	MACOM TECH SOLUTIONS	$0	–	-20,780	–	-0.37%	–
WING	Exit	WINGSTOP INC	$0	–	-8,250	–	-0.37%	–
FOXF	Exit	FOX FACTORY HLDG CORP	$0	–	-9,410	–	-0.37%	–
GDYN	Exit	GRID DYNAMICS HLDGScl a	$0	–	-46,522	–	-0.37%	–
HYFM	Exit	HYDROFARM HLDGS GROUP	$0	–	-36,030	–	-0.37%	–
RGEN	Exit	REPLIGEN CORP	$0	–	-4,741	–	-0.37%	–
FOUR	Exit	SHIFT4 PMTS INCcl a	$0	–	-17,874	–	-0.38%	–
NOVT	Exit	NOVANTA INC	$0	–	-9,000	–	-0.38%	–
FFIN	Exit	FIRST FINL BANKSHARE	$0	–	-30,300	–	-0.38%	–
AZEK	Exit	AZEK CO INCcl a	$0	–	-38,185	–	-0.38%	–
AMBA	Exit	AMBARELLA INC	$0	–	-9,160	–	-0.39%	–
DAVA	Exit	ENDAVA PLCads	$0	–	-10,563	–	-0.39%	–
SMTC	Exit	SEMTECH CORP	$0	–	-18,490	–	-0.39%	–
RRR	Exit	RED ROCK RESORTS INCcl a	$0	–	-28,396	–	-0.40%	–
BL	Exit	BLACKLINE INC	$0	–	-12,460	–	-0.40%	–
VRNS	Exit	VARONIS SYS INC	$0	–	-24,206	–	-0.40%	–
SAIA	Exit	SAIA INC	$0	–	-6,280	–	-0.41%	–
PLNT	Exit	PLANET FITNESS INCcl a	$0	–	-19,064	–	-0.41%	–
SILK	Exit	SILK RD MED INC	$0	–	-28,392	–	-0.42%	–
SYNA	Exit	SYNAPTICS INC	$0	–	-8,895	–	-0.44%	–
LSCC	Exit	LATTICE SEMICONDUCTOR	$0	–	-25,330	–	-0.45%	–
DXCM	Exit	DEXCOM INC	$0	–	-3,018	–	-0.45%	–
BRP	Exit	BRP GROUP INC	$0	–	-50,352	–	-0.46%	–
TTEK	Exit	TETRA TECH INC NEW	$0	–	-11,600	–	-0.47%	–
GWRE	Exit	GUIDEWIRE SOFTWARE INC	$0	–	-15,186	–	-0.49%	–
NARI	Exit	INARI MED INC	$0	–	-22,993	–	-0.51%	–
HLI	Exit	HOULIHAN LOKEY INCcl a	$0	–	-20,841	–	-0.52%	–
LOVE	Exit	LOVESAC COMPANY	$0	–	-31,463	–	-0.57%	–
DRVN	Exit	DRIVEN BRANDS HLDGS	$0	–	-73,346	–	-0.58%	–
IBP	Exit	INSTALLED BLDG PRODS	$0	–	-19,853	–	-0.58%	–
VRT	Exit	VERTIV HOLDINGS CO	$0	–	-89,770	–	-0.59%	–
ASGN	Exit	ASGN INC	$0	–	-19,995	–	-0.62%	–
JBT	Exit	JOHN BEAN TECHNOLOGIES	$0	–	-17,118	–	-0.66%	–
ICLR	Exit	ICON PLC	$0	–	-10,021	–	-0.72%	–
FND	Exit	FLOOR & DECOR HLDGScl a	$0	–	-27,166	–	-0.89%	–
SITE	Exit	SITEONE LANDSCAPE	$0	–	-17,014	–	-0.92%	–
GTLS	Exit	CHART INDS INC	$0	–	-18,218	–	-0.95%	–
UAN	Exit	CVR PARTNERS LP	$0	–	-50,266	–	-0.95%	–
IT	Exit	GARTNER INC	$0	–	-11,676	–	-0.97%	–
NEAR	Exit	ISHARES U S ETF TRblackrock st mat	$0	–	-100,000	–	-1.36%	–
WDC	Exit	WESTERN DIGITAL CORP	$0	–	-90,000	–	-1.38%	–
CME	Exit	CME GROUP INC	$0	–	-27,500	–	-1.45%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-32,500	–	-1.45%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-15,000	–	-1.47%	–
SSNC	Exit	SS&C TECHNOLOGIES HL	$0	–	-80,000	–	-1.51%	–
J	Exit	JACOBS ENGR GROUP INC	$0	–	-42,500	–	-1.53%	–
PGR	Exit	PROGRESSIVE CORP	$0	–	-62,500	–	-1.54%	–
INGR	Exit	INGREDION INC	$0	–	-65,000	–	-1.58%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-105,000	–	-1.60%	–
TDY	Exit	TELEDYNE TECHNOLOGIES	$0	–	-14,000	–	-1.64%	–
LEA	Exit	LEAR CORP	$0	–	-40,000	–	-1.70%	–
KEYS	Exit	KEYSIGHT TECHNOLOGIES	$0	–	-40,000	–	-1.79%	–
FISV	Exit	FISERV INC	$0	–	-65,000	–	-1.92%	–
DSGX	Exit	DESCARTES SYS GROUP	$0	–	-90,000	–	-1.99%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-85,000	–	-1.99%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-90,000	–	-2.08%	–
CI	Exit	CIGNA CORP NEW	$0	–	-40,000	–	-2.18%	–
EPD	Exit	ENTERPRISE PRODS PAR	$0	–	-375,000	–	-2.21%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-25,000	–	-2.31%	–
PFE	Exit	PFIZER INC	$0	–	-200,000	–	-2.34%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-35,000	–	-2.44%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-3,500	–	-2.55%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-160,000	–	-2.58%	–
DNB	Exit	DUN & BRADSTREET HLD	$0	–	-600,000	–	-2.75%	–
ABBV	Exit	ABBVIE INC	$0	–	-95,000	–	-2.79%	–
	Exit	ARDAGH METAL PACKAGING S.A.	$0	–	-1,038,500	–	-2.82%	–

Q3 2021

			Value		Shares		↓ Weighting
	New	ARDAGH METAL PACKAGING S.A.	$10,343,000	–	1,038,500	–	2.82%	–
ABBV	Buy	ABBVIE INC	$10,248,000	+21.3%	95,000	+26.7%	2.79%	+16.7%
DNB	Buy	DUN & BRADSTREET HLD	$10,086,000	-5.6%	600,000	+20.0%	2.75%	-9.2%
BMY	Buy	BRISTOL-MYERS SQUIBB	$9,467,000	+4.9%	160,000	+18.5%	2.58%	+1.0%
APD	Buy	AIR PRODS & CHEMS INC	$8,964,000	-1.1%	35,000	+11.1%	2.44%	-4.8%
PFE	New	PFIZER INC	$8,602,000	–	200,000	–	2.34%	–
EPD	Buy	ENTERPRISE PRODS PAR	$8,115,000	-3.9%	375,000	+7.1%	2.21%	-7.6%
CI	Buy	CIGNA CORP NEW	$8,006,000	+40.7%	40,000	+66.7%	2.18%	+35.3%
CSGP	Buy	COSTAR GROUP INC	$7,315,000	+76.6%	85,000	+70.0%	1.99%	+70.0%
FISV	Sell	FISERV INC	$7,053,000	-2.2%	65,000	-3.7%	1.92%	-5.9%
LEA	New	LEAR CORP	$6,259,000	–	40,000	–	1.70%	–
CMCSA	Buy	COMCAST CORP NEWcl a	$5,873,000	+3.0%	105,000	+5.0%	1.60%	-0.9%
INGR	Buy	INGREDION INC	$5,786,000	+27.9%	65,000	+30.0%	1.58%	+23.0%
PGR	Buy	PROGRESSIVE CORP	$5,649,000	+4.6%	62,500	+13.6%	1.54%	+0.6%
J	Buy	JACOBS ENGR GROUP INC	$5,633,000	+5.5%	42,500	+6.2%	1.53%	+1.5%
JPM	Sell	JPMORGAN CHASE & CO	$5,320,000	-2.3%	32,500	-7.1%	1.45%	-6.0%
CME	Sell	CME GROUP INC	$5,318,000	-28.6%	27,500	-21.4%	1.45%	-31.3%
WDC	Buy	WESTERN DIGITAL CORP	$5,080,000	+9.8%	90,000	+38.5%	1.38%	+5.7%
GTLS	Buy	CHART INDS INC	$3,482,000	+32.8%	18,218	+1.7%	0.95%	+27.8%
SITE	Sell	SITEONE LANDSCAPE	$3,394,000	+4.0%	17,014	-11.8%	0.92%	0.0%
FND	Sell	FLOOR & DECOR HLDGScl a	$3,281,000	+3.4%	27,166	-9.5%	0.89%	-0.4%
ICLR	Buy	ICON PLC	$2,626,000	+75.0%	10,021	+38.0%	0.72%	+68.2%
JBT	Buy	JOHN BEAN TECHNOLOGIES	$2,406,000	-0.7%	17,118	+0.7%	0.66%	-4.5%
VRT	Sell	VERTIV HOLDINGS CO	$2,163,000	-19.9%	89,770	-9.3%	0.59%	-23.0%
IBP	Sell	INSTALLED BLDG PRODS	$2,127,000	-39.4%	19,853	-30.8%	0.58%	-41.8%
DRVN	Buy	DRIVEN BRANDS HLDGS	$2,119,000	+6.2%	73,346	+13.7%	0.58%	+2.1%
LOVE	Buy	LOVESAC COMPANY	$2,079,000	-14.8%	31,463	+2.9%	0.57%	-18.1%
HLI	Buy	HOULIHAN LOKEY INCcl a	$1,919,000	+13.1%	20,841	+0.5%	0.52%	+9.0%
NARI	Buy	INARI MED INC	$1,865,000	+22.6%	22,993	+41.0%	0.51%	+17.9%
TTEK	Buy	TETRA TECH INC NEW	$1,732,000	+30.5%	11,600	+6.7%	0.47%	+25.5%
LSCC	Sell	LATTICE SEMICONDUCTOR	$1,638,000	+5.8%	25,330	-8.1%	0.45%	+1.8%
SYNA	Sell	SYNAPTICS INC	$1,599,000	+8.8%	8,895	-5.9%	0.44%	+4.6%
SILK	Buy	SILK RD MED INC	$1,562,000	+27.4%	28,392	+10.9%	0.42%	+22.5%
VRNS	Buy	VARONIS SYS INC	$1,473,000	+13.7%	24,206	+7.7%	0.40%	+9.3%
BL	Buy	BLACKLINE INC	$1,471,000	+46.2%	12,460	+37.8%	0.40%	+40.7%
RRR	Buy	RED ROCK RESORTS INCcl a	$1,454,000	+38.3%	28,396	+14.8%	0.40%	+33.3%
DAVA	Sell	ENDAVA PLCads	$1,435,000	-1.2%	10,563	-17.5%	0.39%	-4.9%
AMBA	Buy	AMBARELLA INC	$1,427,000	+82.9%	9,160	+25.2%	0.39%	+76.0%
AZEK	Buy	AZEK CO INCcl a	$1,395,000	-11.5%	38,185	+2.9%	0.38%	-14.8%
FFIN	Buy	FIRST FINL BANKSHARE	$1,392,000	+1.7%	30,300	+8.8%	0.38%	-2.1%
FOUR	Sell	SHIFT4 PMTS INCcl a	$1,386,000	-20.4%	17,874	-3.8%	0.38%	-23.5%
RGEN	Sell	REPLIGEN CORP	$1,370,000	+38.1%	4,741	-4.6%	0.37%	+32.7%
HYFM	Buy	HYDROFARM HLDGS GROUP	$1,364,000	+8.1%	36,030	+68.7%	0.37%	+3.9%
FOXF	Buy	FOX FACTORY HLDG CORP	$1,360,000	+1.0%	9,410	+8.8%	0.37%	-2.9%
GDYN	Sell	GRID DYNAMICS HLDGScl a	$1,359,000	+18.0%	46,522	-39.3%	0.37%	+13.5%
WING	Buy	WINGSTOP INC	$1,352,000	+23.4%	8,250	+18.7%	0.37%	+18.7%
MTSI	Buy	MACOM TECH SOLUTIONS	$1,348,000	+33.5%	20,780	+31.9%	0.37%	+28.3%
AVNT	Buy	AVIENT CORPORATION	$1,324,000	-1.1%	28,565	+4.9%	0.36%	-4.7%
RPD	Buy	RAPID7 INC	$1,307,000	+24.6%	11,562	+4.3%	0.36%	+19.9%
MANH	Sell	MANHATTAN ASSOCIATES	$1,302,000	+0.8%	8,510	-4.6%	0.36%	-3.0%
HGV	Buy	HILTON GRAND VACATION	$1,268,000	+56.0%	26,660	+35.7%	0.34%	+50.0%
TXRH	Sell	TEXAS ROADHOUSE INC	$1,259,000	-18.0%	13,780	-13.7%	0.34%	-21.0%
SF	Buy	STIFEL FINL CORP	$1,242,000	+7.3%	18,280	+2.5%	0.34%	+3.4%
IDXX	Sell	IDEXX LABS INC	$1,220,000	-3.8%	1,962	-2.2%	0.33%	-7.5%
SKY	Sell	SKYLINE CHAMPION CORP	$1,214,000	+9.4%	20,210	-3.0%	0.33%	+5.4%
EVBG	Buy	EVERBRIDGE INC	$1,198,000	+35.4%	7,930	+22.0%	0.33%	+30.4%
LFUS	Buy	LITTELFUSE INC	$1,153,000	+9.1%	4,220	+1.7%	0.31%	+5.0%
	New	EUROPEAN WAX CENTER INC	$1,149,000	–	41,004	–	0.31%	–
OM	Buy	OUTSET MED INC	$1,129,000	+53.0%	22,827	+54.7%	0.31%	+46.9%
DCT	Buy	DUCK CREEK TECHNOLOGY	$1,103,000	+40.7%	24,938	+38.4%	0.30%	+35.1%
ATRC	Buy	ATRICURE INC	$1,085,000	-10.1%	15,600	+2.6%	0.30%	-13.7%
EYE	Buy	NATIONAL VISION HLDG	$1,071,000	+96.5%	18,870	+77.2%	0.29%	+89.6%
LHCG	Sell	LHC GROUP INC	$1,064,000	-23.8%	6,780	-2.7%	0.29%	-26.6%
MTDR	Sell	MATADOR RES CO	$1,056,000	-10.1%	27,770	-14.9%	0.29%	-13.5%
LAD	Sell	LITHIA MTRS INC	$1,055,000	-13.7%	3,329	-6.5%	0.29%	-17.1%
HCAT	Buy	HEALTH CATALYST INC	$1,055,000	-8.8%	21,090	+1.2%	0.29%	-12.2%
MIDD	Sell	MIDDLEBY CORP	$1,037,000	-9.7%	6,080	-8.3%	0.28%	-13.2%
ESI	Sell	ELEMENT SOLUTIONS INC	$1,030,000	-12.7%	47,490	-5.9%	0.28%	-15.9%
AXON	Buy	AXON ENTERPRISE INC	$1,021,000	+1.1%	5,831	+2.1%	0.28%	-2.8%
TRUP	Sell	TRUPANION INC	$1,009,000	-34.1%	12,990	-2.4%	0.28%	-36.6%
ALGM	Sell	ALLEGRO MICROSYSTEMS	$1,000,000	+3.0%	31,289	-10.7%	0.27%	-1.1%
SMAR	Buy	SMARTSHEET INC	$991,000	-1.8%	14,400	+3.2%	0.27%	-5.6%
PACK	Sell	RANPAK HOLDINGS CORP	$989,000	-5.6%	36,861	-11.9%	0.27%	-9.4%
FIGS	Buy	FIGS INC CL Acl a	$989,000	-14.8%	26,624	+14.9%	0.27%	-18.2%
HAYW	Buy	HAYWARD HLDGS INC	$984,000	-12.8%	44,266	+2.1%	0.27%	-16.0%
	New	RYAN SPECIALTY GROUP HOLDINGScl a	$971,000	–	28,670	–	0.26%	–
LOB	Buy	LIVE OAK BANCSHARES	$968,000	+12.8%	15,210	+4.5%	0.26%	+8.6%
SNBR	Sell	SLEEP NUMBER CORP	$959,000	-16.3%	10,260	-1.5%	0.26%	-19.4%
TTD	Sell	THE TRADE DESK INC	$953,000	-36.3%	13,555	-29.9%	0.26%	-38.5%
CAKE	Buy	CHEESECAKE FACTORY INC	$949,000	+28.8%	20,187	+48.4%	0.26%	+23.4%
COLD	Sell	AMERICOLD RLTY TR	$942,000	-26.4%	32,425	-4.1%	0.26%	-29.0%
NTLA	Buy	INTELLIA THERAPEUTIC	$943,000	-13.7%	7,030	+4.1%	0.26%	-16.8%
	New	SMARTRENT INC	$930,000	–	71,415	–	0.25%	–
	New	HOLLEY INC	$930,000	–	77,924	–	0.25%	–
FIVE	Buy	FIVE BELOW INC	$898,000	-2.2%	5,080	+6.9%	0.24%	-5.8%
FRPT	Sell	FRESHPET INC	$886,000	-25.6%	6,210	-15.0%	0.24%	-28.5%
MTD	Sell	METTLER TOLEDO INTERNATIONAL	$883,000	-11.3%	641	-10.7%	0.24%	-14.9%
BHVN	Sell	BIOHAVEN PHARMACTL	$813,000	+6.8%	5,850	-25.4%	0.22%	+2.8%
CHEF	Buy	CHEFS WHSE INC	$807,000	+63.7%	24,780	+60.1%	0.22%	+57.1%
BPMC	Sell	BLUEPRINT MEDICINES	$799,000	+14.1%	7,769	-2.4%	0.22%	+10.1%
SWCH	New	SWITCH INCcl a	$790,000	–	31,100	–	0.22%	–
BIGC	Sell	BIGCOMMERCE HLDGS INC	$767,000	-23.2%	15,153	-1.6%	0.21%	-26.1%
	New	HILLMAN SOLUTIONS CORP	$768,000	–	64,395	–	0.21%	–
SLAB	Sell	SILICON LABORATORIES	$764,000	-33.3%	5,450	-27.0%	0.21%	-35.8%
DOCN	Sell	DIGITALOCEAN HLDGS INC	$756,000	-4.7%	9,736	-31.8%	0.21%	-8.0%
JBI	Buy	JANUS INTERNATIONAL GROUP INC	$738,000	+50.0%	60,334	+73.2%	0.20%	+44.6%
ROLL	Buy	RBC BEARINGS INC	$695,000	+108.7%	3,274	+96.2%	0.19%	+101.1%
WEX	Sell	WEX INC	$678,000	-21.1%	3,848	-13.1%	0.18%	-23.9%
ALLK	Buy	ALLAKOS INC	$670,000	+44.4%	6,330	+16.4%	0.18%	+38.9%
MRCY	Sell	MERCURY SYS INC	$661,000	-45.2%	13,947	-23.4%	0.18%	-47.4%
ZNTL	Buy	ZENTALIS PHARMACEUTICALS	$624,000	+29.5%	9,366	+3.3%	0.17%	+25.0%
STEP	New	STEPSTONE GROUP INC	$626,000	–	14,670	–	0.17%	–
HQY	Sell	HEALTHEQUITY INC	$621,000	-33.8%	9,592	-17.7%	0.17%	-36.5%
LEGN	Buy	LEGEND BIOTECH CORPsponsored ads	$565,000	+29.0%	11,165	+4.7%	0.15%	+24.2%
INSM	Buy	INSMED INC	$562,000	+2.0%	20,414	+5.5%	0.15%	-1.9%
VIR	Buy	VIR BIOTECHNOLOGY INC	$522,000	-7.6%	11,992	+0.4%	0.14%	-11.2%
	New	RISKIFIED LTD	$520,000	–	22,806	–	0.14%	–
RVNC	Buy	REVANCE THERAPEUTICS	$516,000	+1.8%	18,510	+8.2%	0.14%	-2.1%
PLAN	New	ANAPLAN INC	$515,000	–	8,457	–	0.14%	–
TMCI	Buy	TREACE MED CONCEPTS INC COM	$511,000	-11.6%	19,004	+2.7%	0.14%	-15.2%
ARRY	Sell	ARRAY TECHNOLOGIES INC	$492,000	-9.9%	26,589	-24.1%	0.13%	-13.5%
ASND	Sell	ASCENDIS PHARMA A/Ssponsored adr	$487,000	+15.7%	3,056	-4.5%	0.13%	+11.8%
CHX	New	CHAMPIONX CORPORATION	$481,000	–	21,530	–	0.13%	–
RARE	Sell	ULTRAGENYX PHARMACEUTICALS	$467,000	-27.8%	5,180	-23.7%	0.13%	-30.6%
ALLO	Buy	ALLOGENE THERAPEUTIC	$449,000	-0.2%	17,476	+1.2%	0.12%	-3.9%
	New	AMPLITUDE INC	$425,000	–	7,823	–	0.12%	–
CHRS	Buy	COHERUS BIOSCIENCES	$420,000	+21.0%	26,161	+4.3%	0.11%	+16.3%
FSR	Buy	FISKER INC	$411,000	-16.6%	28,070	+9.7%	0.11%	-20.0%
RLAY	Buy	RELAY THERAPEUTICS INC	$404,000	-7.3%	12,799	+7.5%	0.11%	-10.6%
TPTX	Sell	TURNING POINT THERAPEUTICS	$400,000	-32.9%	6,023	-21.2%	0.11%	-35.5%
ADCT	Sell	ADC THERAPEUTICS	$402,000	-3.1%	14,805	-13.0%	0.11%	-6.8%
YMAB	Buy	Y-MABS THERAPEUTICS	$393,000	-12.5%	13,760	+3.5%	0.11%	-15.7%
VITL	Buy	VITAL FARMS INC	$381,000	-7.3%	21,697	+5.4%	0.10%	-10.3%
RXRX	Buy	RECURSION PHARMACEUTICALS IN CL Acl a	$380,000	-22.4%	16,532	+23.1%	0.10%	-25.9%
	New	MEMBERSHIP COLLECTIVE GROUP	$352,000	–	28,287	–	0.10%	–
ANNX	Buy	ANNEXON INC	$315,000	-12.7%	16,920	+5.6%	0.09%	-15.7%
BYSI	Sell	BEYONDSPRING INC	$311,000	-5.2%	19,764	-37.0%	0.08%	-8.6%
PRAX	Buy	PRAXIS PRECISION MED	$311,000	+14.8%	16,841	+13.6%	0.08%	+10.4%
BTAI	Buy	BIOXCEL THERAPEUTICS	$306,000	+11.3%	10,073	+6.3%	0.08%	+6.4%
	New	ERASCA INC	$300,000	–	14,137	–	0.08%	–
	New	SIGHT SCIENCES INC	$292,000	–	12,847	–	0.08%	–
	New	MAXCYTE INC	$282,000	–	23,063	–	0.08%	–
	New	DUTCH BROS INCcl a	$265,000	–	6,126	–	0.07%	–
OLK	Exit	OLINK HLDG ABsponsored ads	$0	–	-5,863	–	-0.06%	–
MSGE	Exit	MADISON SQUARE GRDNcl a	$0	–	-2,632	–	-0.06%	–
ALVR	Exit	ALLOVIR INC	$0	–	-13,405	–	-0.08%	–
TIG	Exit	TREAN INS GROUP INC	$0	–	-17,829	–	-0.08%	–
LCY	Exit	LANDCADIA HOLDINGS INC	$0	–	-24,998	–	-0.09%	–
INNV	Exit	INNOVAGE HLDG CORP	$0	–	-18,127	–	-0.11%	–
SLQT	Exit	SELECTQUOTE INC	$0	–	-23,560	–	-0.13%	–
ACVA	Exit	ACV AUCTIONS INC	$0	–	-19,687	–	-0.14%	–
EMPW	Exit	EMPOWER LTD	$0	–	-56,092	–	-0.16%	–
EAR	Exit	EARGO INC	$0	–	-14,561	–	-0.16%	–
LTRPA	Exit	LIBERTY TRIPADVISOR	$0	–	-158,266	–	-0.18%	–
REAL	Exit	THE REALREAL INC	$0	–	-35,330	–	-0.20%	–
DSP	Exit	VIANT TECHNOLOGY INC	$0	–	-28,892	–	-0.24%	–
FWAA	Exit	FIFTH WALL ACQUISITION	$0	–	-71,415	–	-0.25%	–
MKSI	Exit	MKS INSTRS INC	$0	–	-5,310	–	-0.27%	–
PRAH	Exit	PRA HEALTH SCIENCES	$0	–	-6,693	–	-0.31%	–
IIVI	Exit	II-VI INC	$0	–	-15,750	–	-0.32%	–
QTS	Exit	QTS RLTY TR INC	$0	–	-15,010	–	-0.33%	–
CMAX	Exit	CAREMAX INC COM CL A	$0	–	-333,056	–	-1.22%	–
GM	Exit	GENERAL MTRS CO	$0	–	-100,000	–	-1.68%	–
GRSV	Exit	GORES HLDGS V INC	$0	–	-1,096,000	–	-3.13%	–

Q2 2021

			Value		Shares		↓ Weighting
GRSV	New	GORES HLDGS V INC	$11,070,000	–	1,096,000	–	3.13%	–
DNB	New	DUN & BRADSTREET HLD	$10,685,000	–	500,000	–	3.02%	–
APD	New	AIR PRODS & CHEMS INC	$9,062,000	–	31,500	–	2.56%	–
BMY	New	BRISTOL-MYERS SQUIBB	$9,021,000	–	135,000	–	2.55%	–
FB	New	FACEBOOK INCcl a	$8,693,000	–	25,000	–	2.46%	–
GOOGL	New	ALPHABET INCcap stk cl a	$8,546,000	–	3,500	–	2.42%	–
ABBV	New	ABBVIE INC	$8,448,000	–	75,000	–	2.39%	–
EPD	New	ENTERPRISE PRODS PAR	$8,446,000	–	350,000	–	2.39%	–
CVS	New	CVS HEALTH CORP	$7,510,000	–	90,000	–	2.13%	–
CME	New	CME GROUP INC	$7,444,000	–	35,000	–	2.11%	–
FISV	New	FISERV INC	$7,215,000	–	67,500	–	2.04%	–
DSGX	New	DESCARTES SYS GROUP	$6,224,000	–	90,000	–	1.76%	–
KEYS	New	KEYSIGHT TECHNOLOGIES	$6,176,000	–	40,000	–	1.75%	–
GM	New	GENERAL MTRS CO	$5,917,000	–	100,000	–	1.68%	–
TDY	New	TELEDYNE TECHNOLOGIES	$5,864,000	–	14,000	–	1.66%	–
SSNC	New	SS&C TECHNOLOGIES HL	$5,765,000	–	80,000	–	1.63%	–
CMCSA	New	COMCAST CORP NEWcl a	$5,702,000	–	100,000	–	1.61%	–
CI	New	CIGNA CORP NEW	$5,690,000	–	24,000	–	1.61%	–
NOC	New	NORTHROP GRUMMAN CORP	$5,451,000	–	15,000	–	1.54%	–
JPM	New	JPMORGAN CHASE & CO	$5,444,000	–	35,000	–	1.54%	–
PGR	New	PROGRESSIVE CORP	$5,402,000	–	55,000	–	1.53%	–
J	New	JACOBS ENGR GROUP INC	$5,337,000	–	40,000	–	1.51%	–
NEAR	New	ISHARES U S ETF TRblackrock st mat	$5,017,000	–	100,000	–	1.42%	–
WDC	New	WESTERN DIGITAL CORP	$4,626,000	–	65,000	–	1.31%	–
INGR	New	INGREDION INC	$4,525,000	–	50,000	–	1.28%	–
CMAX	New	CAREMAX INC COM CL A	$4,296,000	–	333,056	–	1.22%	–
CSGP	New	COSTAR GROUP INC	$4,141,000	–	50,000	–	1.17%	–
IBP	New	INSTALLED BLDG PRODS	$3,511,000	–	28,693	–	0.99%	–
SITE	New	SITEONE LANDSCAPE	$3,264,000	–	19,284	–	0.92%	–
FND	New	FLOOR & DECOR HLDGScl a	$3,172,000	–	30,008	–	0.90%	–
UAN	New	CVR PARTNERS LP	$3,113,000	–	50,266	–	0.88%	–
IT	New	GARTNER INC	$2,828,000	–	11,676	–	0.80%	–
VRT	New	VERTIV HOLDINGS CO	$2,701,000	–	98,930	–	0.76%	–
GTLS	New	CHART INDS INC	$2,622,000	–	17,918	–	0.74%	–
LOVE	New	LOVESAC COMPANY	$2,440,000	–	30,585	–	0.69%	–
JBT	New	JOHN BEAN TECHNOLOGIES	$2,424,000	–	16,998	–	0.69%	–
DRVN	New	DRIVEN BRANDS HLDGS	$1,995,000	–	64,527	–	0.56%	–
ASGN	New	ASGN INC	$1,938,000	–	19,995	–	0.55%	–
FOUR	New	SHIFT4 PMTS INCcl a	$1,741,000	–	18,574	–	0.49%	–
GWRE	New	GUIDEWIRE SOFTWARE INC	$1,712,000	–	15,186	–	0.48%	–
HLI	New	HOULIHAN LOKEY INCcl a	$1,696,000	–	20,741	–	0.48%	–
AZEK	New	AZEK CO INCcl a	$1,576,000	–	37,115	–	0.45%	–
LSCC	New	LATTICE SEMICONDUCTOR	$1,548,000	–	27,550	–	0.44%	–
TRUP	New	TRUPANION INC	$1,532,000	–	13,310	–	0.43%	–
TXRH	New	TEXAS ROADHOUSE INC	$1,535,000	–	15,960	–	0.43%	–
NARI	New	INARI MED INC	$1,521,000	–	16,303	–	0.43%	–
ICLR	New	ICON PLC	$1,501,000	–	7,261	–	0.42%	–
TTD	New	THE TRADE DESK INC	$1,496,000	–	19,340	–	0.42%	–
SHLS	New	SHOALS TECHNOLOGIEScl a	$1,486,000	–	41,863	–	0.42%	–
SYNA	New	SYNAPTICS INC	$1,470,000	–	9,450	–	0.42%	–
DAVA	New	ENDAVA PLCads	$1,452,000	–	12,807	–	0.41%	–
PLNT	New	PLANET FITNESS INCcl a	$1,435,000	–	19,064	–	0.41%	–
LHCG	New	LHC GROUP INC	$1,396,000	–	6,970	–	0.40%	–
FFIN	New	FIRST FINL BANKSHARE	$1,369,000	–	27,860	–	0.39%	–
FOXF	New	FOX FACTORY HLDG CORP	$1,346,000	–	8,650	–	0.38%	–
BRP	New	BRP GROUP INC	$1,342,000	–	50,352	–	0.38%	–
AVNT	New	AVIENT CORPORATION	$1,339,000	–	27,240	–	0.38%	–
SSD	New	SIMPSON MFG INC	$1,335,000	–	12,090	–	0.38%	–
TTEK	New	TETRA TECH INC NEW	$1,327,000	–	10,870	–	0.38%	–
SAIA	New	SAIA INC	$1,316,000	–	6,280	–	0.37%	–
VRNS	New	VARONIS SYS INC	$1,295,000	–	22,476	–	0.37%	–
MANH	New	MANHATTAN ASSOCIATES	$1,292,000	–	8,920	–	0.37%	–
DXCM	New	DEXCOM INC	$1,289,000	–	3,018	–	0.36%	–
CLVT	New	CLARIVATE PLC	$1,283,000	–	46,599	–	0.36%	–
AZPN	New	ASPEN TECHNOLOGY INC	$1,283,000	–	9,325	–	0.36%	–
COLD	New	AMERICOLD RLTY TR	$1,280,000	–	33,813	–	0.36%	–
SMTC	New	SEMTECH CORP	$1,272,000	–	18,490	–	0.36%	–
IDXX	New	IDEXX LABS INC	$1,268,000	–	2,007	–	0.36%	–
HYFM	New	HYDROFARM HLDGS GROUP	$1,262,000	–	21,357	–	0.36%	–
BFAM	New	BRIGHT HORIZONS FAM	$1,230,000	–	8,364	–	0.35%	–
SILK	New	SILK RD MED INC	$1,226,000	–	25,612	–	0.35%	–
LAD	New	LITHIA MTRS INCcl a	$1,223,000	–	3,559	–	0.35%	–
NOVT	New	NOVANTA INC	$1,213,000	–	9,000	–	0.34%	–
ATRC	New	ATRICURE INC	$1,207,000	–	15,210	–	0.34%	–
MRCY	New	MERCURY SYS INC	$1,207,000	–	18,218	–	0.34%	–
FRPT	New	FRESHPET INC	$1,191,000	–	7,310	–	0.34%	–
CGNX	New	COGNEX CORP	$1,192,000	–	14,181	–	0.34%	–
KTOS	New	KRATOS DEFENSE & SEC	$1,188,000	–	41,700	–	0.34%	–
ESI	New	ELEMENT SOLUTIONS INC	$1,180,000	–	50,490	–	0.33%	–
MTDR	New	MATADOR RES CO	$1,175,000	–	32,640	–	0.33%	–
ETWO	New	E2OPEN PARENT HOLDINGS	$1,172,000	–	102,584	–	0.33%	–
FIGS	New	FIGS INC CL Acl a	$1,161,000	–	23,174	–	0.33%	–
QTS	New	QTS RLTY TR INC	$1,160,000	–	15,010	–	0.33%	–
HCAT	New	HEALTH CATALYST INC	$1,157,000	–	20,840	–	0.33%	–
SF	New	STIFEL FINL CORP	$1,157,000	–	17,840	–	0.33%	–
GDYN	New	GRID DYNAMICS HLDGScl a	$1,152,000	–	76,640	–	0.33%	–
MIDD	New	MIDDLEBY CORP	$1,149,000	–	6,630	–	0.32%	–
SNBR	New	SLEEP NUMBER CORP	$1,146,000	–	10,420	–	0.32%	–
SLAB	New	SILICON LABORATORIES	$1,145,000	–	7,470	–	0.32%	–
IIVI	New	II-VI INC	$1,143,000	–	15,750	–	0.32%	–
PENN	New	PENN NATL GAMING INC	$1,139,000	–	14,892	–	0.32%	–
KNSL	New	KINSALE CAP GROUP INC	$1,132,000	–	6,869	–	0.32%	–
HAYW	New	HAYWARD HLDGS INC	$1,128,000	–	43,336	–	0.32%	–
TWST	New	TWIST BIOSCIENCE CORP	$1,111,000	–	8,339	–	0.31%	–
SKY	New	SKYLINE CHAMPION CORP	$1,110,000	–	20,830	–	0.31%	–
PRAH	New	PRA HEALTH SCIENCES	$1,106,000	–	6,693	–	0.31%	–
WIX	New	WIX COM LTD	$1,098,000	–	3,781	–	0.31%	–
WING	New	WINGSTOP INC	$1,096,000	–	6,950	–	0.31%	–
RPAY	New	REPAY HLDGS CORP	$1,090,000	–	45,351	–	0.31%	–
NTLA	New	INTELLIA THERAPEUTIC	$1,093,000	–	6,750	–	0.31%	–
ITT	New	ITT INC	$1,070,000	–	11,680	–	0.30%	–
DKNG	New	DRAFTKINGS INC	$1,057,000	–	20,262	–	0.30%	–
LFUS	New	LITTELFUSE INC	$1,057,000	–	4,150	–	0.30%	–
PACK	New	RANPAK HOLDINGS CORP	$1,048,000	–	41,857	–	0.30%	–
RRR	New	RED ROCK RESORTS INCcl a	$1,051,000	–	24,739	–	0.30%	–
RPD	New	RAPID7 INC	$1,049,000	–	11,090	–	0.30%	–
SMAR	New	SMARTSHEET INC	$1,009,000	–	13,950	–	0.29%	–
MTSI	New	MACOM TECH SOLUTIONS	$1,010,000	–	15,760	–	0.29%	–
AXON	New	AXON ENTERPRISE INC	$1,010,000	–	5,711	–	0.29%	–
TDG	New	TRANSDIGM GROUP INC	$1,010,000	–	1,560	–	0.29%	–
BL	New	BLACKLINE INC	$1,006,000	–	9,040	–	0.28%	–
BIGC	New	BIGCOMMERCE HLDGS INC	$999,000	–	15,393	–	0.28%	–
MTD	New	METTLER TOLEDO INTERNATIONAL	$995,000	–	718	–	0.28%	–
RGEN	New	REPLIGEN CORP	$992,000	–	4,971	–	0.28%	–
CERT	New	CERTARA INC	$992,000	–	35,001	–	0.28%	–
ALGM	New	ALLEGRO MICROSYSTEMS	$971,000	–	35,049	–	0.28%	–
TREX	New	TREX CO INC	$958,000	–	9,374	–	0.27%	–
MKSI	New	MKS INSTRS INC	$945,000	–	5,310	–	0.27%	–
CDAY	New	CERIDIAN HCM HLDG INC	$938,000	–	9,780	–	0.27%	–
HQY	New	HEALTHEQUITY INC	$938,000	–	11,650	–	0.27%	–
UTZ	New	UTZ BRANDS INC	$931,000	–	42,734	–	0.26%	–
FIVE	New	FIVE BELOW INC	$918,000	–	4,750	–	0.26%	–
EVBG	New	EVERBRIDGE INC	$885,000	–	6,500	–	0.25%	–
FWAA	New	FIFTH WALL ACQUISITION	$879,000	–	71,415	–	0.25%	–
WCN	New	WASTE CONNECTIONS INC	$861,000	–	7,211	–	0.24%	–
LOB	New	LIVE OAK BANCSHARES	$858,000	–	14,550	–	0.24%	–
WEX	New	WEX INC	$859,000	–	4,430	–	0.24%	–
DSP	New	VIANT TECHNOLOGY INC	$860,000	–	28,892	–	0.24%	–
AXNX	New	AXONICS MODULATION	$827,000	–	13,042	–	0.23%	–
SAIL	New	SAILPOINT TECHNOLOGIES	$817,000	–	16,004	–	0.23%	–
HGV	New	HILTON GRAND VACATION	$813,000	–	19,640	–	0.23%	–
SBAC	New	SBA COMMUNICATIONS CORPcl a	$791,000	–	2,481	–	0.22%	–
DOCN	New	DIGITALOCEAN HLDGS INC	$793,000	–	14,266	–	0.22%	–
DCT	New	DUCK CREEK TECHNOLOGY	$784,000	–	18,018	–	0.22%	–
AMBA	New	AMBARELLA INC	$780,000	–	7,316	–	0.22%	–
PGNY	New	PROGYNY INC	$768,000	–	13,022	–	0.22%	–
BHVN	New	BIOHAVEN PHARMACTL	$761,000	–	7,840	–	0.22%	–
OM	New	OUTSET MED INC	$738,000	–	14,757	–	0.21%	–
CAKE	New	CHEESECAKE FACTORY INC	$737,000	–	13,601	–	0.21%	–
FWONK	New	LIBERTY MEDIA CORP D	$723,000	–	14,998	–	0.20%	–
OLLI	New	OLLIES BARGAIN OUTLET	$722,000	–	8,578	–	0.20%	–
REAL	New	THE REALREAL INC	$698,000	–	35,330	–	0.20%	–
BPMC	New	BLUEPRINT MEDICINES	$700,000	–	7,959	–	0.20%	–
INSP	New	INSPIRE MED SYS INC	$682,000	–	3,528	–	0.19%	–
PAYA	New	PAYA HOLDINGS INC	$666,000	–	60,454	–	0.19%	–
RARE	New	ULTRAGENYX PHARMACEUTICALS	$647,000	–	6,790	–	0.18%	–
LTRPA	New	LIBERTY TRIPADVISOR	$644,000	–	158,266	–	0.18%	–
JAMF	New	JAMF HLDG CORP	$607,000	–	18,072	–	0.17%	–
BERY	New	BERRY GLOBAL GROUP	$608,000	–	9,325	–	0.17%	–
TPTX	New	TURNING POINT THERAPEUTICS	$596,000	–	7,643	–	0.17%	–
TMCI	New	TREACE MED CONCEPTS INC COM	$578,000	–	18,504	–	0.16%	–
EAR	New	EARGO INC	$581,000	–	14,561	–	0.16%	–
VIR	New	VIR BIOTECHNOLOGY INC	$565,000	–	11,942	–	0.16%	–
EMPW	New	EMPOWER LTD	$561,000	–	56,092	–	0.16%	–
LBRDK	New	LIBERTY BROADBAND CORP	$559,000	–	3,217	–	0.16%	–
INSM	New	INSMED INC	$551,000	–	19,344	–	0.16%	–
ARRY	New	ARRAY TECHNOLOGIES INC	$546,000	–	35,022	–	0.16%	–
EYE	New	NATIONAL VISION HLDG	$545,000	–	10,650	–	0.15%	–
RVNC	New	REVANCE THERAPEUTICS	$507,000	–	17,100	–	0.14%	–
ACVA	New	ACV AUCTIONS INC	$505,000	–	19,687	–	0.14%	–
CHEF	New	CHEFS WHSE INC	$493,000	–	15,480	–	0.14%	–
FSR	New	FISKER INC	$493,000	–	25,580	–	0.14%	–
RXRX	New	RECURSION PHARMACEUTICALS IN CL Acl a	$490,000	–	13,432	–	0.14%	–
JBI	New	JANUS INTERNATIONAL GROUP INC	$492,000	–	34,836	–	0.14%	–
FA	New	FIRST ADVANTAGE CORP NEW COM	$488,000	–	24,500	–	0.14%	–
ZNTL	New	ZENTALIS PHARMACEUTICALS	$482,000	–	9,066	–	0.14%	–
ALLK	New	ALLAKOS INC	$464,000	–	5,440	–	0.13%	–
SLQT	New	SELECTQUOTE INC	$454,000	–	23,560	–	0.13%	–
MSGS	New	MADISON SQUARE GRDNcl a	$454,000	–	2,631	–	0.13%	–
YMAB	New	Y-MABS THERAPEUTICS	$449,000	–	13,290	–	0.13%	–
ALLO	New	ALLOGENE THERAPEUTIC	$450,000	–	17,271	–	0.13%	–
LEGN	New	LEGEND BIOTECH CORPsponsored ads	$438,000	–	10,665	–	0.12%	–
ALTR	New	ALTAIR ENGR INC	$435,000	–	6,311	–	0.12%	–
RLAY	New	RELAY THERAPEUTICS INC	$436,000	–	11,909	–	0.12%	–
ASND	New	ASCENDIS PHARMA A/Ssponsored adr	$421,000	–	3,200	–	0.12%	–
TIL	New	INSTIL BIO INC	$422,000	–	21,838	–	0.12%	–
ADCT	New	ADC THERAPEUTICS	$415,000	–	17,025	–	0.12%	–
VITL	New	VITAL FARMS INC	$411,000	–	20,577	–	0.12%	–
INNV	New	INNOVAGE HLDG CORP	$386,000	–	18,127	–	0.11%	–
GH	New	GUARDANT HEALTH INC	$364,000	–	2,928	–	0.10%	–
ANNX	New	ANNEXON INC	$361,000	–	16,030	–	0.10%	–
ITOS	New	ITEOS THERAPEUTICS INC	$360,000	–	14,025	–	0.10%	–
CHRS	New	COHERUS BIOSCIENCES	$347,000	–	25,081	–	0.10%	–
TLMD	New	SOC TELEMED INC	$343,000	–	60,300	–	0.10%	–
ROLL	New	RBC BEARINGS INC	$333,000	–	1,669	–	0.09%	–
BYSI	New	BEYONDSPRING INC	$328,000	–	31,374	–	0.09%	–
LCY	New	LANDCADIA HOLDINGS INC	$310,000	–	24,998	–	0.09%	–
BTAI	New	BIOXCEL THERAPEUTICS	$275,000	–	9,479	–	0.08%	–
PRAX	New	PRAXIS PRECISION MED	$271,000	–	14,831	–	0.08%	–
CYRX	New	CRYOPORT INC	$272,000	–	4,313	–	0.08%	–
TIG	New	TREAN INS GROUP INC	$269,000	–	17,829	–	0.08%	–
ALVR	New	ALLOVIR INC	$265,000	–	13,405	–	0.08%	–
MSGE	New	MADISON SQUARE GRDNcl a	$221,000	–	2,632	–	0.06%	–
OLK	New	OLINK HLDG ABsponsored ads	$202,000	–	5,863	–	0.06%	–
XSPA	New	XPRESSPA GROUP INC	$48,000	–	31,369	–	0.01%	–

Q4 2020

			Value		Shares		↓ Weighting
XSPA	Exit	XPRESSPA GROUP INC	$0	–	-31,369	–	-0.02%	–
GOSS	Exit	GOSSAMER BIO INC	$0	–	-12,730	–	-0.06%	–
SUM	Exit	SUMMIT MATLS INCcl a	$0	–	-11,576	–	-0.07%	–
KWR	Exit	QUAKER CHEM CORP	$0	–	-1,159	–	-0.08%	–
ITOS	Exit	ITEOS THERAPEUTICS	$0	–	-8,945	–	-0.08%	–
AMWL	Exit	AMERICAN WELL CORPcl a	$0	–	-7,474	–	-0.08%	–
ADCT	Exit	ADC THERAPEUTICS	$0	–	-7,085	–	-0.09%	–
LEGN	Exit	LEGEND BIOTECH CORPsponsored ads	$0	–	-7,982	–	-0.09%	–
OM	Exit	OUTSET MED INC	$0	–	-5,077	–	-0.09%	–
FREE	Exit	WHOLE EARTH BRANDS INC	$0	–	-31,000	–	-0.10%	–
ZNTL	Exit	ZENTALIS PHARMACEUTICALS	$0	–	-8,386	–	-0.10%	–
ROLL	Exit	RBC BEARINGS INC	$0	–	-2,345	–	-0.10%	–
BTAI	Exit	BIOXCEL THERAPEUTICS	$0	–	-6,529	–	-0.10%	–
RLAY	Exit	RELAY THERAPEUTICS	$0	–	-6,796	–	-0.11%	–
ALVR	Exit	ALLOVIR ORD	$0	–	-10,745	–	-0.11%	–
ANNX	Exit	ANNEXON INC	$0	–	-9,910	–	-0.11%	–
AWI	Exit	ARMSTRONG WORLD INDS	$0	–	-4,450	–	-0.11%	–
BIGC	Exit	BIGCOMMERCE HLDGS INC	$0	–	-3,693	–	-0.11%	–
MC	Exit	MOELIS & COcl a	$0	–	-8,798	–	-0.11%	–
TIG	Exit	TREAN INS GROUP INC	$0	–	-20,549	–	-0.12%	–
VERX	Exit	VERTEX INCcl a	$0	–	-13,980	–	-0.12%	–
AVLR	Exit	AVALARA INC	$0	–	-2,530	–	-0.12%	–
IOVA	Exit	IOVANCE BIOTHERAPEUTICALS	$0	–	-10,546	–	-0.13%	–
RVNC	Exit	REVANCE THERAPEUTICS	$0	–	-14,190	–	-0.13%	–
CIEN	Exit	CIENA CORP	$0	–	-9,020	–	-0.13%	–
NDSN	Exit	NORDSON CORP	$0	–	-1,910	–	-0.13%	–
RRR	Exit	RED ROCK RESORTS INCcl a	$0	–	-21,821	–	-0.14%	–
AXSM	Exit	AXSOME THERAPEUTICS	$0	–	-5,290	–	-0.14%	–
YMAB	Exit	Y-MABS THERAPEUTICS	$0	–	-9,890	–	-0.14%	–
MDGL	Exit	MADRIGAL PHARMACEUTICALS	$0	–	-3,240	–	-0.14%	–
	Exit	PACTIV EVERGREEN INC	$0	–	-30,300	–	-0.14%	–
LSXMK	Exit	LIBERTY MEDIA CORP	$0	–	-11,650	–	-0.14%	–
ARNA	Exit	ARENA PHARMACEUTICALS	$0	–	-5,161	–	-0.14%	–
MSGS	Exit	MADISON SQUARE GRDNcl a	$0	–	-2,631	–	-0.14%	–
FVRR	Exit	FIVERR INTL LTD	$0	–	-2,919	–	-0.15%	–
ASND	Exit	ASCENDIS PHARMAsponsored adr	$0	–	-2,660	–	-0.15%	–
VIR	Exit	VIR BIOTECHNOLOGY INC	$0	–	-12,232	–	-0.15%	–
GDYN	Exit	GRID DYNAMICS HLDGScl a	$0	–	-54,598	–	-0.16%	–
ALLO	Exit	ALLOGENE THERAPEUTICS	$0	–	-11,310	–	-0.16%	–
FTAC	Exit	FINTECH ACQUISITION	$0	–	-41,985	–	-0.16%	–
UAN	Exit	CVR PARTNERS	$0	–	-502,664	–	-0.16%	–
LOVE	Exit	LOVESAC COMPANY	$0	–	-15,810	–	-0.16%	–
ALLK	Exit	ALLAKOS INC	$0	–	-5,570	–	-0.17%	–
INSP	Exit	INSPIRE MED SYS INC	$0	–	-3,528	–	-0.17%	–
CHRS	Exit	COHERUS BIOSCIENCES	$0	–	-24,890	–	-0.17%	–
LBRDK	Exit	LIBERTY BROADBAND	$0	–	-3,217	–	-0.17%	–
PEN	Exit	PENUMBRA INC	$0	–	-2,380	–	-0.17%	–
DCPH	Exit	DECIPHERA PHARMACEUTICALS	$0	–	-9,010	–	-0.17%	–
SMAR	Exit	SMARTSHEET INC	$0	–	-9,510	–	-0.17%	–
VITL	Exit	VITAL FARMS INC	$0	–	-11,587	–	-0.17%	–
FIVE	Exit	FIVE BELOW INC	$0	–	-3,800	–	-0.18%	–
PTCT	Exit	PTC THERAPEUTICS INC	$0	–	-10,390	–	-0.18%	–
DCT	Exit	DUCK CREEK TECHNOLOGY	$0	–	-10,858	–	-0.18%	–
ALTR	Exit	ALTAIR ENGR INC	$0	–	-11,714	–	-0.18%	–
FSLY	Exit	FASTLY INCcl a	$0	–	-5,347	–	-0.18%	–
PACK	Exit	RANPAK HOLDINGS CORP	$0	–	-54,677	–	-0.19%	–
URI	Exit	UNITED RENTALS INC	$0	–	-2,990	–	-0.19%	–
SLQT	Exit	SELECTQUOTE INC	$0	–	-25,922	–	-0.19%	–
STRA	Exit	STRATEGIC ED INC	$0	–	-5,860	–	-0.20%	–
SMTC	Exit	SEMTECH CORP	$0	–	-10,250	–	-0.20%	–
FWONK	Exit	LIBERTY MEDIA CORP	$0	–	-14,998	–	-0.20%	–
TPTX	Exit	TURNING POINT THERAPEUTICS	$0	–	-6,283	–	-0.20%	–
REAL	Exit	THE REALREAL INC	$0	–	-38,070	–	-0.20%	–
BHVN	Exit	BIOHAVEN PHARMACEUTICALS	$0	–	-8,560	–	-0.20%	–
CAKE	Exit	CHEESECAKE FACTORY INC	$0	–	-20,371	–	-0.21%	–
PGNY	Exit	PROGYNY INC	$0	–	-19,422	–	-0.21%	–
MTH	Exit	MERITAGE HOMES CORP	$0	–	-5,530	–	-0.22%	–
AXNX	Exit	AXONICS MODULATION	$0	–	-11,945	–	-0.22%	–
WEX	Exit	WEX INC	$0	–	-4,430	–	-0.23%	–
PLAN	Exit	ANAPLAN INC	$0	–	-10,020	–	-0.23%	–
IPHI	Exit	INPHI CORP	$0	–	-5,580	–	-0.23%	–
HCAT	Exit	HEALTH CATALYST INC	$0	–	-17,580	–	-0.24%	–
HLNE	Exit	HAMILTON LANE INCcl a	$0	–	-10,000	–	-0.24%	–
LAD	Exit	LITHIA MTRS INCcl a	$0	–	-2,920	–	-0.24%	–
CREE	Exit	CREE INC	$0	–	-10,470	–	-0.24%	–
RARE	Exit	ULTRAGENYX PHARMACEUTICALS	$0	–	-8,140	–	-0.25%	–
TXG	Exit	10X GENOMICS INC	$0	–	-5,416	–	-0.25%	–
PRAH	Exit	PRA HEALTH SCIENCES	$0	–	-6,693	–	-0.25%	–
SF	Exit	STIFEL FINL CORP	$0	–	-13,680	–	-0.25%	–
RGEN	Exit	REPLIGEN CORP	$0	–	-4,691	–	-0.25%	–
KNX	Exit	KNIGHT SWIFTcl a	$0	–	-17,030	–	-0.25%	–
INSM	Exit	INSMED INC	$0	–	-21,864	–	-0.26%	–
EVBG	Exit	EVERBRIDGE INC	$0	–	-5,640	–	-0.26%	–
AVNT	Exit	AVIENT CORPORATION	$0	–	-27,118	–	-0.26%	–
BPMC	Exit	BLUEPRINT MEDICINES	$0	–	-7,759	–	-0.26%	–
CHGG	Exit	CHEGG INC	$0	–	-10,370	–	-0.27%	–
PING	Exit	PING IDENTITY HLDG	$0	–	-23,762	–	-0.27%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-1,560	–	-0.27%	–
GO	Exit	GROCERY OUTLET HLDG	$0	–	-19,050	–	-0.28%	–
ITT	Exit	ITT INC	$0	–	-12,790	–	-0.28%	–
AXON	Exit	AXON ENTERPRISE INC	$0	–	-8,440	–	-0.28%	–
WING	Exit	WINGSTOP INC	$0	–	-5,630	–	-0.28%	–
LFUS	Exit	LITTELFUSE INC	$0	–	-4,340	–	-0.28%	–
NARI	Exit	INARI MED INC	$0	–	-11,375	–	-0.29%	–
MTD	Exit	METTLER TOLEDO	$0	–	-818	–	-0.29%	–
MKSI	Exit	MKS INSTRS INC	$0	–	-7,320	–	-0.29%	–
KTOS	Exit	KRATOS DEFENSE & SEC	$0	–	-41,700	–	-0.30%	–
CDAY	Exit	CERIDIAN HCM HLDG INC	$0	–	-9,780	–	-0.30%	–
SNBR	Exit	SLEEP NUMBER CORP	$0	–	-16,550	–	-0.30%	–
PLMR	Exit	PALOMAR HLDGS INC	$0	–	-7,900	–	-0.30%	–
MANH	Exit	MANHATTAN ASSOCS INC	$0	–	-8,840	–	-0.31%	–
FIVN	Exit	FIVE9 INC	$0	–	-6,590	–	-0.31%	–
TXRH	Exit	TEXAS ROADHOUSE INC	$0	–	-14,190	–	-0.32%	–
QTS	Exit	QTS RLTY TR INC	$0	–	-14,140	–	-0.33%	–
MTSI	Exit	MACOM TECH SOLUTIONS	$0	–	-26,310	–	-0.33%	–
FOUR	Exit	SHIFT4 PMTS INCcl a	$0	–	-18,917	–	-0.34%	–
SSD	Exit	SIMPSON MANUFACTURING	$0	–	-9,460	–	-0.34%	–
NOVT	Exit	NOVANTA INC	$0	–	-8,770	–	-0.34%	–
DAVA	Exit	ENDAVAads	$0	–	-14,758	–	-0.34%	–
IIVI	Exit	II-VI INC	$0	–	-23,490	–	-0.35%	–
TWST	Exit	TWIST BIOSCIENCE CORP	$0	–	-12,759	–	-0.36%	–
WCN	Exit	WASTE CONNECTIONS INC	$0	–	-9,369	–	-0.36%	–
KNSL	Exit	KINSALE CAP GROUP INC	$0	–	-5,141	–	-0.36%	–
HQY	Exit	HEALTHEQUITY INC	$0	–	-19,120	–	-0.36%	–
CGNX	Exit	COGNEX CORP	$0	–	-15,100	–	-0.36%	–
SAIA	Exit	SAIA INC	$0	–	-7,850	–	-0.36%	–
SLAB	Exit	SILICON LABORATORIES	$0	–	-10,310	–	-0.37%	–
GH	Exit	GUARDANT HEALTH INC	$0	–	-9,266	–	-0.38%	–
TTEK	Exit	TETRA TECH INC	$0	–	-10,880	–	-0.38%	–
TDOC	Exit	TELADOC HEALTH INC	$0	–	-4,758	–	-0.38%	–
RPAY	Exit	REPAY HLDGS CORP	$0	–	-45,351	–	-0.39%	–
BL	Exit	BLACKLINE INC	$0	–	-12,060	–	-0.40%	–
LSCC	Exit	LATTICE SEMICONDUCTOR	$0	–	-37,440	–	-0.40%	–
UTZ	Exit	UTZ BRANDS INC	$0	–	-60,640	–	-0.40%	–
WIX	Exit	WIX COM LTD	$0	–	-4,399	–	-0.41%	–
FRPT	Exit	FRESHPET INC	$0	–	-10,060	–	-0.41%	–
LHCG	Exit	LHC GROUP INC	$0	–	-5,380	–	-0.42%	–
AZEK	Exit	AZEK CO INCcl a	$0	–	-32,855	–	-0.42%	–
TREX	Exit	TREX CO INC	$0	–	-16,574	–	-0.44%	–
PLNT	Exit	PLANET FITNESS INCcl a	$0	–	-19,524	–	-0.44%	–
SBAC	Exit	SBA COMMUNICATIONScl a	$0	–	-3,777	–	-0.44%	–
HLI	Exit	HOULIHAN LOKEY INCcl a	$0	–	-20,481	–	-0.44%	–
IRTC	Exit	IRHYTHM TECHNOLOGIES	$0	–	-5,080	–	-0.44%	–
COLD	Exit	AMERICOLD RLTY	$0	–	-33,813	–	-0.44%	–
TRUP	Exit	TRUPANION INC	$0	–	-15,390	–	-0.45%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-3,150	–	-0.45%	–
DXCM	Exit	DEXCOM INC	$0	–	-3,018	–	-0.46%	–
BRP	Exit	BRP GROUP INC	$0	–	-50,352	–	-0.46%	–
ASGN	Exit	ASGN INC	$0	–	-19,995	–	-0.47%	–
BFAM	Exit	BRIGHT HORIZONS	$0	–	-8,364	–	-0.47%	–
AZPN	Exit	ASPEN TECHNOLOGY INC	$0	–	-10,245	–	-0.48%	–
DKNG	Exit	DRAFTKINGS INC	$0	–	-22,135	–	-0.48%	–
OLLI	Exit	OLLIES BARGAIN OUTLET	$0	–	-16,072	–	-0.52%	–
CLVT	Exit	CLARIVATE	$0	–	-46,599	–	-0.53%	–
IT	Exit	GARTNER INC	$0	–	-11,676	–	-0.54%	–
TTD	Exit	THE TRADE DESK INC	$0	–	-2,834	–	-0.54%	–
FOXF	Exit	FOX FACTORY HLDG	$0	–	-19,810	–	-0.54%	–
GWRE	Exit	GUIDEWIRE SOFTWARE	$0	–	-15,186	–	-0.58%	–
MRCY	Exit	MERCURY SYS INC	$0	–	-20,796	–	-0.59%	–
JBT	Exit	JOHN BEAN TECHNOLOGIES	$0	–	-17,635	–	-0.59%	–
GTLS	Exit	CHART INDS INC	$0	–	-23,462	–	-0.60%	–
PENN	Exit	PENN NATL GAMING INC	$0	–	-24,018	–	-0.64%	–
SILK	Exit	SILK RD MED INC	$0	–	-26,195	–	-0.65%	–
VRT	Exit	VERTIV HOLDINGS CO	$0	–	-111,820	–	-0.71%	–
ICLR	Exit	ICON	$0	–	-11,130	–	-0.78%	–
FND	Exit	FLOOR & DECOR HLDGScl a	$0	–	-32,134	–	-0.88%	–
NET	Exit	CLOUDFLARE INC	$0	–	-60,000	–	-0.90%	–
IBP	Exit	INSTALLED BLDG PRODS	$0	–	-24,493	–	-0.91%	–
SITE	Exit	SITEONE LANDSCAPE	$0	–	-20,705	–	-0.93%	–
WFC	Exit	WELLS FARGO CO	$0	–	-200,000	–	-1.72%	–
BERY	Exit	BERRY GLOBAL GROUP	$0	–	-99,325	–	-1.76%	–
LYB	Exit	LYONDELLBASELL INDUS	$0	–	-70,000	–	-1.81%	–
HCA	Exit	HCA HEALTHCARE INC	$0	–	-40,000	–	-1.83%	–
NEAR	Exit	ISHARES U S ETFsht mat bd etf	$0	–	-100,000	–	-1.84%	–
CI	Exit	CIGNA CORP	$0	–	-30,000	–	-1.86%	–
INGR	Exit	INGREDION INC	$0	–	-70,000	–	-1.94%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-20,500	–	-1.97%	–
CMCSA	Exit	COMCAST CORPcl a	$0	–	-120,000	–	-2.04%	–
J	Exit	JACOBS ENGR GROUP	$0	–	-60,000	–	-2.04%	–
PGR	Exit	PROGRESSIVE CORP	$0	–	-60,000	–	-2.08%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-100,000	–	-2.14%	–
CME	Exit	CME GROUP INC	$0	–	-35,000	–	-2.15%	–
CSCO	Exit	CISCO SYS INC	$0	–	-155,000	–	-2.24%	–
WDC	Exit	WESTERN DIGITAL CORP	$0	–	-170,000	–	-2.28%	–
KEYS	Exit	KEYSIGHT TECHNOLOGIES	$0	–	-65,000	–	-2.36%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-4,500	–	-2.42%	–
SSNC	Exit	SS&C TECHNOLOGIES	$0	–	-115,000	–	-2.55%	–
ABBV	Exit	ABBVIE INC	$0	–	-80,000	–	-2.57%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-25,000	–	-2.73%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-125,000	–	-2.76%	–
AHCO	Exit	ADAPTHEALTH CORP	$0	–	-350,000	–	-2.80%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-80,000	–	-2.83%	–
EPD	Exit	ENTERPRISE PRODS	$0	–	-500,000	–	-2.90%	–

Q3 2020

			Value		Shares		↓ Weighting
EPD	Buy	ENTERPRISE PRODS	$7,895,000	+15.9%	500,000	+33.3%	2.90%	+7.3%
JPM	Buy	JPMORGAN CHASE & CO	$7,702,000	+26.0%	80,000	+23.1%	2.83%	+16.7%
AHCO	New	ADAPTHEALTH CORP	$7,634,000	–	350,000	–	2.80%	–
ABBV	Buy	ABBVIE INC	$7,007,000	-4.8%	80,000	+6.7%	2.57%	-11.9%
GOOGL	Sell	ALPHABET INCcap stk cl a	$6,595,000	-7.0%	4,500	-10.0%	2.42%	-13.8%
KEYS	New	KEYSIGHT TECHNOLOGIES	$6,421,000	–	65,000	–	2.36%	–
WDC	Buy	WESTERN DIGITAL CORP	$6,214,000	+40.7%	170,000	+70.0%	2.28%	+30.4%
CSCO	Buy	CISCO SYS INC	$6,105,000	-12.7%	155,000	+3.3%	2.24%	-19.2%
CME	New	CME GROUP INC	$5,856,000	–	35,000	–	2.15%	–
CVS	Buy	CVS HEALTH CORP	$5,840,000	+5.8%	100,000	+17.6%	2.14%	-2.1%
PGR	Sell	PROGRESSIVE CORP	$5,680,000	-16.6%	60,000	-29.4%	2.08%	-22.8%
CMCSA	Sell	COMCAST CORPcl a	$5,551,000	-11.0%	120,000	-25.0%	2.04%	-17.6%
FB	Buy	FACEBOOK INCcl a	$5,369,000	+18.2%	20,500	+2.5%	1.97%	+9.5%
INGR	Buy	INGREDION INC	$5,298,000	+27.7%	70,000	+40.0%	1.94%	+18.2%
HCA	Sell	HCA HEALTHCARE INC	$4,987,000	+2.8%	40,000	-20.0%	1.83%	-4.8%
LYB	Sell	LYONDELLBASELL INDUS	$4,934,000	-16.6%	70,000	-22.2%	1.81%	-22.7%
BERY	Sell	BERRY GLOBAL GROUP	$4,799,000	-27.5%	99,325	-33.5%	1.76%	-32.8%
SITE	Buy	SITEONE LANDSCAPE	$2,525,000	+7.0%	20,705	+0.0%	0.93%	-0.9%
IBP	Buy	INSTALLED BLDG PRODS	$2,492,000	+82.6%	24,493	+23.4%	0.91%	+68.9%
NET	New	CLOUDFLARE INC	$2,464,000	–	60,000	–	0.90%	–
FND	Sell	FLOOR & DECOR HLDGScl a	$2,404,000	+25.8%	32,134	-3.0%	0.88%	+16.5%
ICLR	Sell	ICON	$2,127,000	+6.9%	11,130	-5.8%	0.78%	-0.9%
VRT	Sell	VERTIV HOLDINGS CO	$1,937,000	+17.3%	111,820	-8.2%	0.71%	+8.7%
SILK	Sell	SILK RD MED INC	$1,761,000	+38.6%	26,195	-13.6%	0.65%	+28.2%
GTLS	Sell	CHART INDS INC	$1,649,000	+24.5%	23,462	-14.1%	0.60%	+15.2%
JBT	Buy	JOHN BEAN TECHNOLOGIES	$1,620,000	+21.4%	17,635	+13.7%	0.59%	+12.3%
MRCY	Buy	MERCURY SYS INC	$1,611,000	+0.9%	20,796	+2.5%	0.59%	-6.5%
FOXF	Buy	FOX FACTORY HLDG	$1,472,000	+84.2%	19,810	+104.9%	0.54%	+70.3%
TTD	Sell	THE TRADE DESK INC	$1,470,000	+4.9%	2,834	-17.8%	0.54%	-2.9%
OLLI	Buy	OLLIES BARGAIN OUTLET	$1,404,000	-9.7%	16,072	+0.9%	0.52%	-16.4%
DKNG	Sell	DRAFTKINGS INC	$1,302,000	+46.5%	22,135	-17.2%	0.48%	+35.8%
AZPN	Sell	ASPEN TECHNOLOGY INC	$1,297,000	-6.9%	10,245	-23.8%	0.48%	-13.8%
BFAM	Sell	BRIGHT HORIZONS	$1,272,000	+2.7%	8,364	-20.9%	0.47%	-4.9%
DXCM	Sell	DEXCOM INC	$1,244,000	-5.9%	3,018	-7.4%	0.46%	-12.8%
TRUP	Sell	TRUPANION INC	$1,214,000	+24.5%	15,390	-32.6%	0.45%	+15.5%
HLI	Buy	HOULIHAN LOKEY INCcl a	$1,209,000	+20.1%	20,481	+13.1%	0.44%	+11.3%
IRTC	Sell	IRHYTHM TECHNOLOGIES	$1,210,000	+37.3%	5,080	-33.2%	0.44%	+27.2%
PLNT	Sell	PLANET FITNESS INCcl a	$1,203,000	-0.7%	19,524	-2.4%	0.44%	-8.1%
TREX	Buy	TREX CO INC	$1,187,000	+0.4%	16,574	+82.4%	0.44%	-6.8%
AZEK	Buy	AZEK CO INCcl a	$1,144,000	+18.8%	32,855	+8.7%	0.42%	+9.9%
LHCG	Sell	LHC GROUP INC	$1,144,000	+4.0%	5,380	-14.7%	0.42%	-3.7%
FRPT	Sell	FRESHPET INC	$1,123,000	+19.1%	10,060	-10.7%	0.41%	+10.2%
WIX	Sell	WIX COM LTD	$1,121,000	-19.5%	4,399	-19.1%	0.41%	-25.5%
LSCC	Buy	LATTICE SEMICONDUCTOR	$1,084,000	+3.8%	37,440	+1.8%	0.40%	-3.9%
UTZ	New	UTZ BRANDS INC	$1,085,000	–	60,640	–	0.40%	–
BL	Buy	BLACKLINE INC	$1,081,000	+20.1%	12,060	+11.0%	0.40%	+11.2%
TDOC	Sell	TELADOC HEALTH INC	$1,043,000	-53.0%	4,758	-59.1%	0.38%	-56.5%
TTEK	Buy	TETRA TECH INC	$1,039,000	+21.7%	10,880	+0.8%	0.38%	+12.7%
GH	Sell	GUARDANT HEALTH INC	$1,036,000	+12.0%	9,266	-18.7%	0.38%	+3.8%
SLAB	Buy	SILICON LABORATORIES	$1,009,000	+19.4%	10,310	+22.3%	0.37%	+10.4%
SAIA	Buy	SAIA INC	$990,000	+24.5%	7,850	+9.8%	0.36%	+15.2%
HQY	Sell	HEALTHEQUITY INC	$982,000	-27.7%	19,120	-17.4%	0.36%	-33.1%
TWST	Buy	TWIST BIOSCIENCE CORP	$969,000	+131.8%	12,759	+38.3%	0.36%	+114.5%
IIVI	New	II-VI INC	$953,000	–	23,490	–	0.35%	–
NOVT	Buy	NOVANTA INC	$924,000	+6.7%	8,770	+8.1%	0.34%	-1.2%
SSD	Buy	SIMPSON MANUFACTURING	$919,000	+22.2%	9,460	+6.2%	0.34%	+13.1%
FOUR	Buy	SHIFT4 PMTS INCcl a	$915,000	+41.9%	18,917	+4.1%	0.34%	+31.2%
MTSI	New	MACOM TECH SOLUTIONS	$895,000	–	26,310	–	0.33%	–
QTS	Buy	QTS RLTY TR INC	$891,000	+21.4%	14,140	+23.4%	0.33%	+12.4%
TXRH	Buy	TEXAS ROADHOUSE INC	$863,000	+20.7%	14,190	+4.3%	0.32%	+12.0%
FIVN	Sell	FIVE9 INC	$855,000	-2.8%	6,590	-17.1%	0.31%	-10.0%
MANH	Buy	MANHATTAN ASSOCS INC	$844,000	+30.7%	8,840	+28.9%	0.31%	+21.1%
PLMR	Sell	PALOMAR HLDGS INC	$823,000	+11.1%	7,900	-8.6%	0.30%	+2.7%
SNBR	Buy	SLEEP NUMBER CORP	$809,000	+19.1%	16,550	+1.5%	0.30%	+10.4%
KTOS	Buy	KRATOS DEFENSE & SEC	$804,000	+54.6%	41,700	+25.3%	0.30%	+43.2%
MKSI	Buy	MKS INSTRS INC	$800,000	+9.7%	7,320	+13.7%	0.29%	+1.7%
NARI	Buy	INARI MED INC	$785,000	+80.0%	11,375	+26.3%	0.29%	+66.5%
LFUS	Buy	LITTELFUSE INC	$770,000	+9.1%	4,340	+4.8%	0.28%	+1.1%
AXON	Buy	AXON ENTERPRISE INC	$766,000	-1.4%	8,440	+6.6%	0.28%	-8.8%
ITT	Buy	ITT INC	$755,000	+11.0%	12,790	+10.5%	0.28%	+3.0%
GO	Buy	GROCERY OUTLET HLDG	$749,000	-2.2%	19,050	+1.5%	0.28%	-9.2%
CHGG	Sell	CHEGG INC	$741,000	+2.9%	10,370	-3.2%	0.27%	-4.6%
PING	New	PING IDENTITY HLDG	$742,000	–	23,762	–	0.27%	–
BPMC	Buy	BLUEPRINT MEDICINES	$719,000	+36.4%	7,759	+14.8%	0.26%	+26.3%
AVNT	New	AVIENT CORPORATION	$718,000	–	27,118	–	0.26%	–
EVBG	Buy	EVERBRIDGE INC	$709,000	+0.7%	5,640	+10.8%	0.26%	-6.8%
INSM	Buy	INSMED INC	$703,000	+45.5%	21,864	+24.8%	0.26%	+35.1%
RGEN	Sell	REPLIGEN CORP	$692,000	-1.3%	4,691	-17.3%	0.25%	-8.6%
KNX	Sell	KNIGHT SWIFTcl a	$693,000	-8.2%	17,030	-6.0%	0.25%	-15.1%
SF	Buy	STIFEL FINL CORP	$692,000	+30.6%	13,680	+22.5%	0.25%	+21.0%
PRAH	Sell	PRA HEALTH SCIENCES	$679,000	-3.3%	6,693	-7.2%	0.25%	-10.4%
TXG	Sell	10X GENOMICS INC	$675,000	-1.7%	5,416	-29.6%	0.25%	-8.8%
RARE	Buy	ULTRAGENYX PHARMACEUTICALS	$669,000	+5.2%	8,140	+0.1%	0.25%	-2.4%
CREE	Buy	CREE INC	$667,000	+17.6%	10,470	+9.3%	0.24%	+8.9%
LAD	New	LITHIA MTRS INCcl a	$666,000	–	2,920	–	0.24%	–
HCAT	Buy	HEALTH CATALYST INC	$643,000	+41.9%	17,580	+13.3%	0.24%	+31.8%
PLAN	Sell	ANAPLAN INC	$627,000	+35.7%	10,020	-1.7%	0.23%	+25.7%
IPHI	Buy	INPHI CORP	$626,000	+1.6%	5,580	+6.5%	0.23%	-5.7%
MTH	New	MERITAGE HOMES CORP	$610,000	–	5,530	–	0.22%	–
BHVN	Buy	BIOHAVEN PHARMACEUTICALS	$556,000	+8.8%	8,560	+22.5%	0.20%	+1.0%
TPTX	Sell	TURNING POINT THERAPEUTICS	$549,000	+31.7%	6,283	-2.6%	0.20%	+21.8%
SMTC	New	SEMTECH CORP	$543,000	–	10,250	–	0.20%	–
STRA	Buy	STRATEGIC ED INC	$536,000	-37.0%	5,860	+5.8%	0.20%	-41.5%
SLQT	Buy	SELECTQUOTE INC	$525,000	+21.0%	25,922	+51.1%	0.19%	+12.2%
URI	Sell	UNITED RENTALS INC	$522,000	-24.9%	2,990	-35.8%	0.19%	-30.2%
PACK	Sell	RANPAK HOLDINGS CORP	$521,000	+22.9%	54,677	-4.1%	0.19%	+13.7%
FSLY	Sell	FASTLY INCcl a	$501,000	-11.0%	5,347	-19.2%	0.18%	-17.5%
DCT	New	DUCK CREEK TECHNOLOGY	$493,000	–	10,858	–	0.18%	–
PTCT	Buy	PTC THERAPEUTICS INC	$486,000	+1.2%	10,390	+9.8%	0.18%	-6.3%
FIVE	Sell	FIVE BELOW INC	$483,000	+6.9%	3,800	-10.2%	0.18%	-1.1%
VITL	New	VITAL FARMS INC	$470,000	–	11,587	–	0.17%	–
SMAR	Buy	SMARTSHEET INC	$470,000	+0.2%	9,510	+3.1%	0.17%	-7.5%
PEN	Sell	PENUMBRA INC	$463,000	+5.7%	2,380	-2.9%	0.17%	-2.3%
DCPH	Buy	DECIPHERA PHARMACEUTICALS	$462,000	0.0%	9,010	+16.4%	0.17%	-7.1%
ALLK	Buy	ALLAKOS INC	$454,000	+35.5%	5,570	+19.5%	0.17%	+25.6%
CHRS	Buy	COHERUS BIOSCIENCES	$456,000	+15.7%	24,890	+12.7%	0.17%	+7.1%
LOVE	New	LOVESAC COMPANY	$438,000	–	15,810	–	0.16%	–
FTAC	New	FINTECH ACQUISITION	$433,000	–	41,985	–	0.16%	–
ALLO	Buy	ALLOGENE THERAPEUTICS	$427,000	+5.4%	11,310	+19.7%	0.16%	-1.9%
VIR	Buy	VIR BIOTECHNOLOGY INC	$420,000	-6.2%	12,232	+11.9%	0.15%	-13.0%
ASND	Buy	ASCENDIS PHARMAsponsored adr	$410,000	+13.3%	2,660	+8.6%	0.15%	+4.9%
ARNA	Sell	ARENA PHARMACEUTICALS	$386,000	+10.9%	5,161	-6.5%	0.14%	+2.9%
MDGL	Buy	MADRIGAL PHARMACEUTICALS	$385,000	+18.1%	3,240	+12.5%	0.14%	+9.3%
	New	PACTIV EVERGREEN INC	$385,000	–	30,300	–	0.14%	–
YMAB	Buy	Y-MABS THERAPEUTICS	$380,000	-5.2%	9,890	+6.5%	0.14%	-12.6%
AXSM	Buy	AXSOME THERAPEUTICS	$377,000	+4.4%	5,290	+20.5%	0.14%	-3.5%
NDSN	Sell	NORDSON CORP	$366,000	-37.8%	1,910	-38.4%	0.13%	-42.5%
RVNC	Sell	REVANCE THERAPEUTICS	$357,000	-6.5%	14,190	-9.3%	0.13%	-13.2%
CIEN	Sell	CIENA CORP	$358,000	-47.0%	9,020	-27.7%	0.13%	-50.9%
IOVA	Sell	IOVANCE BIOTHERAPEUTICALS	$347,000	-5.4%	10,546	-21.0%	0.13%	-12.4%
VERX	New	VERTEX INCcl a	$322,000	–	13,980	–	0.12%	–
AVLR	Sell	AVALARA INC	$322,000	-37.1%	2,530	-34.3%	0.12%	-41.9%
TIG	New	TREAN INS GROUP INC	$313,000	–	20,549	–	0.12%	–
BIGC	New	BIGCOMMERCE HLDGS INC	$308,000	–	3,693	–	0.11%	–
AWI	Sell	ARMSTRONG WORLD INDS	$306,000	-40.7%	4,450	-32.8%	0.11%	-45.1%
ANNX	New	ANNEXON INC	$300,000	–	9,910	–	0.11%	–
ALVR	New	ALLOVIR ORD	$295,000	–	10,745	–	0.11%	–
RLAY	New	RELAY THERAPEUTICS	$289,000	–	6,796	–	0.11%	–
BTAI	Buy	BIOXCEL THERAPEUTICS	$283,000	-5.0%	6,529	+16.2%	0.10%	-11.9%
ZNTL	Buy	ZENTALIS PHARMACEUTICALS	$274,000	+5.0%	8,386	+54.6%	0.10%	-1.9%
OM	New	OUTSET MED INC	$254,000	–	5,077	–	0.09%	–
LEGN	Buy	LEGEND BIOTECH CORPsponsored ads	$246,000	-4.7%	7,982	+31.7%	0.09%	-11.8%
ADCT	Buy	ADC THERAPEUTICS	$234,000	+2.6%	7,085	+45.6%	0.09%	-4.4%
AMWL	New	AMERICAN WELL CORPcl a	$222,000	–	7,474	–	0.08%	–
ITOS	New	ITEOS THERAPEUTICS	$221,000	–	8,945	–	0.08%	–
SUM	Sell	SUMMIT MATLS INCcl a	$191,000	-24.2%	11,576	-26.2%	0.07%	-30.0%
GOSS	Buy	GOSSAMER BIO INC	$158,000	0.0%	12,730	+4.7%	0.06%	-7.9%
BGNE	Exit	BEIGENE LTDsponsored adr	$0	–	-1,670	–	-0.12%	–
AMK	Exit	ASSETMARK FINL HLDGS	$0	–	-14,440	–	-0.16%	–
IR	Exit	INGERSOLL RAND INC	$0	–	-14,750	–	-0.16%	–
CSL	Exit	CARLISLE COS INC	$0	–	-3,480	–	-0.16%	–
TCMD	Exit	TACTILE SYS TECH	$0	–	-10,140	–	-0.17%	–
PODD	Exit	INSULET CORP	$0	–	-2,210	–	-0.17%	–
OSIS	Exit	OSI SYSTEMS INC	$0	–	-6,035	–	-0.18%	–
CCH	Exit	COLLIER CREEK HOLDIN	$0	–	-39,762	–	-0.22%	–
EHTH	Exit	EHEALTH INC	$0	–	-5,800	–	-0.23%	–
DT	Exit	DYNATRACE INC	$0	–	-14,540	–	-0.23%	–
HUBS	Exit	HUBSPOT INC	$0	–	-2,760	–	-0.24%	–
MPWR	Exit	MONOLITHIC PWR SYS	$0	–	-2,810	–	-0.26%	–
POL	Exit	POLYONE CORP	$0	–	-27,118	–	-0.28%	–
POOL	Exit	POOL CORPORATION	$0	–	-2,710	–	-0.29%	–
SWK	Exit	STANLEY BLACK & DECKER	$0	–	-20,000	–	-1.10%	–
LOW	Exit	LOWES COS INC	$0	–	-25,000	–	-1.34%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-25,000	–	-2.02%	–
MPC	Exit	MARATHON PETE CORP	$0	–	-200,000	–	-2.96%	–

Q2 2020

			Value		Shares		↓ Weighting
MPC	New	MARATHON PETE CORP	$7,476,000	–	200,000	–	2.96%	–
ABBV	New	ABBVIE INC	$7,364,000	–	75,000	–	2.92%	–
BMY	New	BRISTOL-MYERS SQUIBB	$7,350,000	–	125,000	–	2.91%	–
GOOGL	New	ALPHABET INCcap stk cl a	$7,090,000	–	5,000	–	2.81%	–
CSCO	New	CISCO SYS INC	$6,996,000	–	150,000	–	2.77%	–
EPD	New	ENTERPRISE PRODS	$6,814,000	–	375,000	–	2.70%	–
PGR	New	PROGRESSIVE CORP OHIO	$6,809,000	–	85,000	–	2.70%	–
BERY	New	BERRY GLOBAL GROUP	$6,618,000	–	149,325	–	2.62%	–
SSNC	New	SS&C TECHNOLOGIES	$6,495,000	–	115,000	–	2.57%	–
CMCSA	New	COMCAST CORP NEWcl a	$6,237,000	–	160,000	–	2.47%	–
JPM	New	JPMORGAN CHASE & CO	$6,114,000	–	65,000	–	2.42%	–
APD	New	AIR PRODS & CHEMS	$6,037,000	–	25,000	–	2.39%	–
LYB	New	LYONDELLBASELL INDUS	$5,915,000	–	90,000	–	2.34%	–
CI	New	CIGNA CORP NEW	$5,630,000	–	30,000	–	2.23%	–
CVS	New	CVS HEALTH CORP	$5,522,000	–	85,000	–	2.19%	–
WFC	New	WELLS FARGO CO	$5,120,000	–	200,000	–	2.03%	–
MSFT	New	MICROSOFT CORP	$5,088,000	–	25,000	–	2.02%	–
J	New	JACOBS ENGR GROUP INC	$5,088,000	–	60,000	–	2.02%	–
NEAR	New	ISHARES U S ETF TRsht mat bd etf	$5,001,000	–	100,000	–	1.98%	–
HCA	New	HCA HEALTHCARE INC	$4,853,000	–	50,000	–	1.92%	–
FB	New	FACEBOOK INCcl a	$4,541,000	–	20,000	–	1.80%	–
WDC	New	WESTERN DIGITAL CORP	$4,415,000	–	100,000	–	1.75%	–
INGR	New	INGREDION INC	$4,150,000	–	50,000	–	1.64%	–
LOW	New	LOWES COS INC	$3,378,000	–	25,000	–	1.34%	–
SWK	New	STANLEY BLACK & DECKER	$2,788,000	–	20,000	–	1.10%	–
SITE	New	SITEONE LANDSCAPE SU	$2,359,000	–	20,695	–	0.94%	–
TDOC	New	TELADOC HEALTH INC	$2,221,000	–	11,637	–	0.88%	–
ICLR	New	ICON PLC	$1,990,000	–	11,813	–	0.79%	–
FND	New	FLOOR & DECOR HLDGScl a	$1,911,000	–	33,140	–	0.76%	–
GWRE	New	GUIDEWIRE SOFTWARE	$1,683,000	–	15,186	–	0.67%	–
VRT	New	VERTIV HOLDINGS CO	$1,652,000	–	121,834	–	0.65%	–
MRCY	New	MERCURY SYS INC	$1,596,000	–	20,286	–	0.63%	–
OLLI	New	OLLIES BARGAIN OUTLET	$1,555,000	–	15,922	–	0.62%	–
IT	New	GARTNER INC	$1,417,000	–	11,676	–	0.56%	–
TTD	New	THE TRADE DESK INC	$1,402,000	–	3,449	–	0.56%	–
WIX	New	WIX COM LTD	$1,393,000	–	5,436	–	0.55%	–
AZPN	New	ASPEN TECHNOLOGY INC	$1,393,000	–	13,445	–	0.55%	–
IBP	New	INSTALLED BLDG PRODS	$1,365,000	–	19,853	–	0.54%	–
HQY	New	HEALTHEQUITY INC	$1,358,000	–	23,150	–	0.54%	–
JBT	New	JOHN BEAN TECHNOLOGIES	$1,334,000	–	15,505	–	0.53%	–
ASGN	New	ASGN INC	$1,333,000	–	19,995	–	0.53%	–
GTLS	New	CHART INDS INC	$1,325,000	–	27,322	–	0.52%	–
DXCM	New	DEXCOM INC	$1,322,000	–	3,260	–	0.52%	–
SILK	New	SILK RD MED INC	$1,271,000	–	30,335	–	0.50%	–
BFAM	New	BRIGHT HORIZONS	$1,239,000	–	10,574	–	0.49%	–
COLD	New	AMERICOLD RLTY TR	$1,227,000	–	33,813	–	0.49%	–
PLNT	New	PLANET FITNESS INCcl a	$1,212,000	–	20,004	–	0.48%	–
TREX	New	TREX CO INC	$1,182,000	–	9,087	–	0.47%	–
SBAC	New	SBA COMMUNICATIONScl a	$1,125,000	–	3,777	–	0.45%	–
RPAY	New	REPAY HLDGS CORP	$1,117,000	–	45,351	–	0.44%	–
LHCG	New	LHC GROUP INC	$1,100,000	–	6,310	–	0.44%	–
LSCC	New	LATTICE SEMICONDUCTOR	$1,044,000	–	36,780	–	0.41%	–
CLVT	New	CLARIVATE PLC	$1,041,000	–	46,599	–	0.41%	–
IDXX	New	IDEXX LABS INC	$1,040,000	–	3,150	–	0.41%	–
HLI	New	HOULIHAN LOKEY INCcl a	$1,007,000	–	18,101	–	0.40%	–
TRUP	New	TRUPANION INC	$975,000	–	22,850	–	0.39%	–
AZEK	New	AZEK CO INCcl a	$963,000	–	30,235	–	0.38%	–
FRPT	New	FRESHPET INC	$943,000	–	11,270	–	0.37%	–
GH	New	GUARDANT HEALTH INC	$925,000	–	11,398	–	0.37%	–
CGNX	New	COGNEX CORP	$902,000	–	15,100	–	0.36%	–
BL	New	BLACKLINE INC	$900,000	–	10,860	–	0.36%	–
DKNG	New	DRAFTKINGS INC	$889,000	–	26,736	–	0.35%	–
IRTC	New	IRHYTHM TECHNOLOGIES	$881,000	–	7,600	–	0.35%	–
FIVN	New	FIVE9 INC	$880,000	–	7,950	–	0.35%	–
WCN	New	WASTE CONNECTIONS INC	$879,000	–	9,369	–	0.35%	–
BRP	New	BRP GROUP INC	$870,000	–	50,352	–	0.34%	–
NOVT	New	NOVANTA INC	$866,000	–	8,110	–	0.34%	–
TTEK	New	TETRA TECH INC NEW	$854,000	–	10,790	–	0.34%	–
STRA	New	STRATEGIC ED INC	$851,000	–	5,540	–	0.34%	–
SLAB	New	SILICON LABORATORIES	$845,000	–	8,430	–	0.34%	–
FOXF	New	FOX FACTORY HLDG CORP	$799,000	–	9,670	–	0.32%	–
KNSL	New	KINSALE CAP GROUP INC	$798,000	–	5,141	–	0.32%	–
SAIA	New	SAIA INC	$795,000	–	7,150	–	0.32%	–
WING	New	WINGSTOP INC	$782,000	–	5,630	–	0.31%	–
AXON	New	AXON ENTERPRISE INC	$777,000	–	7,920	–	0.31%	–
CDAY	New	CERIDIAN HCM HLDG INC	$775,000	–	9,780	–	0.31%	–
GO	New	GROCERY OUTLET HLDG	$766,000	–	18,770	–	0.30%	–
KNX	New	KNIGHT SWIFT TRANSNcl a	$755,000	–	18,110	–	0.30%	–
SSD	New	SIMPSON MANUFACTURING	$752,000	–	8,910	–	0.30%	–
PLMR	New	PALOMAR HLDGS INC	$741,000	–	8,640	–	0.29%	–
POOL	New	POOL CORPORATION	$737,000	–	2,710	–	0.29%	–
PENN	New	PENN NATL GAMING INC	$734,000	–	24,018	–	0.29%	–
QTS	New	QTS RLTY TR INC	$734,000	–	11,460	–	0.29%	–
WEX	New	WEX INC	$731,000	–	4,430	–	0.29%	–
MKSI	New	MKS INSTRS INC	$729,000	–	6,440	–	0.29%	–
CHGG	New	CHEGG INC	$720,000	–	10,710	–	0.28%	–
TXRH	New	TEXAS ROADHOUSE INC	$715,000	–	13,600	–	0.28%	–
DAVA	New	ENDAVA PLCads	$713,000	–	14,758	–	0.28%	–
POL	New	POLYONE CORP	$711,000	–	27,118	–	0.28%	–
LFUS	New	LITTELFUSE INC	$706,000	–	4,140	–	0.28%	–
EVBG	New	EVERBRIDGE INC	$704,000	–	5,090	–	0.28%	–
RGEN	New	REPLIGEN CORP	$701,000	–	5,671	–	0.28%	–
PRAH	New	PRA HEALTH SCIENCES	$702,000	–	7,212	–	0.28%	–
URI	New	UNITED RENTALS INC	$695,000	–	4,660	–	0.28%	–
TDG	New	TRANSDIGM GROUP INC	$690,000	–	1,560	–	0.27%	–
TXG	New	10X GENOMICS INC	$687,000	–	7,696	–	0.27%	–
SNBR	New	SLEEP NUMBER CORP	$679,000	–	16,310	–	0.27%	–
ITT	New	ITT INC	$680,000	–	11,570	–	0.27%	–
CIEN	New	CIENA CORP	$675,000	–	12,470	–	0.27%	–
HLNE	New	HAMILTON LANE INCcl a	$674,000	–	10,000	–	0.27%	–
MPWR	New	MONOLITHIC PWR SYS	$666,000	–	2,810	–	0.26%	–
MTD	New	METTLER TOLEDO INTER	$659,000	–	818	–	0.26%	–
FOUR	New	SHIFT4 PMTS INCcl a	$645,000	–	18,167	–	0.26%	–
MANH	New	MANHATTAN ASSOCS INC	$646,000	–	6,860	–	0.26%	–
RARE	New	ULTRAGENYX PHARMACEUTICAL	$636,000	–	8,130	–	0.25%	–
HUBS	New	HUBSPOT INC	$619,000	–	2,760	–	0.24%	–
IPHI	New	INPHI CORP	$616,000	–	5,240	–	0.24%	–
DT	New	DYNATRACE INC	$590,000	–	14,540	–	0.23%	–
NDSN	New	NORDSON CORP	$588,000	–	3,100	–	0.23%	–
EHTH	New	EHEALTH INC	$570,000	–	5,800	–	0.23%	–
CREE	New	CREE INC	$567,000	–	9,580	–	0.22%	–
FSLY	New	FASTLY INCcl a	$563,000	–	6,617	–	0.22%	–
CCH	New	COLLIER CREEK HOLDIN	$545,000	–	39,762	–	0.22%	–
SF	New	STIFEL FINL CORP	$530,000	–	11,170	–	0.21%	–
BPMC	New	BLUEPRINT MEDICINES	$527,000	–	6,760	–	0.21%	–
KTOS	New	KRATOS DEFENSE & SEC	$520,000	–	33,268	–	0.21%	–
AWI	New	ARMSTRONG WORLD INDS	$516,000	–	6,620	–	0.20%	–
AVLR	New	AVALARA INC	$512,000	–	3,850	–	0.20%	–
BHVN	New	BIOHAVEN PHARMACTL H	$511,000	–	6,990	–	0.20%	–
PGNY	New	PROGYNY INC	$501,000	–	19,422	–	0.20%	–
REAL	New	THE REALREAL INC	$487,000	–	38,070	–	0.19%	–
INSM	New	INSMED INC	$483,000	–	17,524	–	0.19%	–
PTCT	New	PTC THERAPEUTICS INC	$480,000	–	9,460	–	0.19%	–
FWONK	New	LIBERTY MEDIA CORP	$476,000	–	14,998	–	0.19%	–
SMAR	New	SMARTSHEET INC	$469,000	–	9,220	–	0.19%	–
CAKE	New	CHEESECAKE FACTORY	$467,000	–	20,371	–	0.18%	–
ALTR	New	ALTAIR ENGR INC	$466,000	–	11,714	–	0.18%	–
PLAN	New	ANAPLAN INC	$462,000	–	10,190	–	0.18%	–
DCPH	New	DECIPHERA PHARMACEUTICALS	$462,000	–	7,740	–	0.18%	–
FIVE	New	FIVE BELOW INC	$452,000	–	4,230	–	0.18%	–
HCAT	New	HEALTH CATALYST INC	$453,000	–	15,520	–	0.18%	–
OSIS	New	OSI SYSTEMS INC	$450,000	–	6,035	–	0.18%	–
VIR	New	VIR BIOTECHNOLOGY INC	$448,000	–	10,932	–	0.18%	–
PEN	New	PENUMBRA INC	$438,000	–	2,450	–	0.17%	–
NARI	New	INARI MED INC	$436,000	–	9,005	–	0.17%	–
SLQT	New	SELECTQUOTE INC	$434,000	–	17,152	–	0.17%	–
PODD	New	INSULET CORP	$429,000	–	2,210	–	0.17%	–
UAN	New	CVR PARTNERS LP	$427,000	–	502,664	–	0.17%	–
PACK	New	RANPAK HLDGS CORP	$424,000	–	57,040	–	0.17%	–
AXNX	New	AXONICS MODULATION	$419,000	–	11,945	–	0.17%	–
TCMD	New	TACTILE SYS TECH	$420,000	–	10,140	–	0.17%	–
TWST	New	TWIST BIOSCIENCE CORP	$418,000	–	9,223	–	0.17%	–
CSL	New	CARLISLE COS INC	$416,000	–	3,480	–	0.16%	–
TPTX	New	TURNING POINT THERAPY	$417,000	–	6,450	–	0.16%	–
IR	New	INGERSOLL RAND INC	$415,000	–	14,750	–	0.16%	–
ALLO	New	ALLOGENE THERAPEUTIC	$405,000	–	9,450	–	0.16%	–
LSXMK	New	LIBERTY MEDIA CORP	$401,000	–	11,650	–	0.16%	–
YMAB	New	Y-MABS THERAPEUTICS	$401,000	–	9,290	–	0.16%	–
LBRDK	New	LIBERTY BROADBAND CO	$399,000	–	3,217	–	0.16%	–
CHRS	New	COHERUS BIOSCIENCES	$394,000	–	22,080	–	0.16%	–
AMK	New	ASSETMARK FINL HLDGS	$394,000	–	14,440	–	0.16%	–
MSGS	New	MADISON SQUARE GRDNcl a	$386,000	–	2,631	–	0.15%	–
RVNC	New	REVANCE THERAPEUTICS	$382,000	–	15,640	–	0.15%	–
GDYN	New	GRID DYNAMICS HLDGScl a	$377,000	–	54,598	–	0.15%	–
IOVA	New	IOVANCE BIOTHERAPEUT	$367,000	–	13,356	–	0.14%	–
ASND	New	ASCENDIS PHARMA A Ssponsored adr	$362,000	–	2,450	–	0.14%	–
AXSM	New	AXSOME THERAPEUTICS	$361,000	–	4,390	–	0.14%	–
ARNA	New	ARENA PHARMACEUTICAL	$348,000	–	5,521	–	0.14%	–
ALLK	New	ALLAKOS INC	$335,000	–	4,660	–	0.13%	–
MDGL	New	MADRIGAL PHARMACEUTICALS	$326,000	–	2,880	–	0.13%	–
BGNE	New	BEIGENE LTDsponsored adr	$315,000	–	1,670	–	0.12%	–
ROLL	New	RBC BEARINGS INC	$314,000	–	2,345	–	0.12%	–
INSP	New	INSPIRE MED SYS INC	$307,000	–	3,528	–	0.12%	–
BTAI	New	BIOXCEL THERAPEUTICS	$298,000	–	5,619	–	0.12%	–
MC	New	MOELIS & COcl a	$274,000	–	8,798	–	0.11%	–
ZNTL	New	ZENTALIS PHARMACEUTICAL	$261,000	–	5,426	–	0.10%	–
LEGN	New	LEGEND BIOTECH CORPsponsored ads	$258,000	–	6,062	–	0.10%	–
SUM	New	SUMMIT MATLS INCcl a	$252,000	–	15,695	–	0.10%	–
FREE	New	WHOLE EARTH BRANDS	$250,000	–	31,000	–	0.10%	–
RRR	New	RED ROCK RESORTS INCcl a	$238,000	–	21,821	–	0.09%	–
ADCT	New	ADC THERAPEUTICS SA	$228,000	–	4,865	–	0.09%	–
FVRR	New	FIVERR INTL LTD	$215,000	–	2,919	–	0.08%	–
KWR	New	QUAKER CHEM CORP	$215,000	–	1,159	–	0.08%	–
GOSS	New	GOSSAMER BIO INC	$158,000	–	12,160	–	0.06%	–
XSPA	New	XPRESSPA GROUP INC	$131,000	–	31,369	–	0.05%	–

Q4 2019

			Value		Shares		↓ Weighting
SPNV	Exit	SUPERIOR ENERGY SVCS	$0	–	-141,900	–	-0.00%	–
FCEL	Exit	FUELCELL ENERGY INC	$0	–	-165,753	–	-0.01%	–
ARC	Exit	ARC DOCUMENT SOLUTIO	$0	–	-47,823	–	-0.02%	–
TTI	Exit	TETRA TECHNOLOGIES I	$0	–	-68,500	–	-0.03%	–
CTT	Exit	CATCHMARK TIMBER TRcl a	$0	–	-13,960	–	-0.03%	–
HPR	Exit	HIGHPOINT RES CORP	$0	–	-100,000	–	-0.04%	–
BSIG	Exit	BRIGHTSPHERE INVT GR	$0	–	-19,033	–	-0.04%	–
HMLP	Exit	HOEGH LNG PARTNERS L	$0	–	-13,267	–	-0.05%	–
NNI	Exit	NELNET INCcl a	$0	–	-3,400	–	-0.05%	–
TUP	Exit	TUPPERWARE BRANDS CO	$0	–	-14,038	–	-0.05%	–
RLGY	Exit	REALOGY HLDGS CORP	$0	–	-33,560	–	-0.05%	–
THC	Exit	TENET HEALTHCARE COR	$0	–	-10,325	–	-0.05%	–
TNK	Exit	TEEKAY TANKERS LTDcl a	$0	–	-210,850	–	-0.06%	–
CSTR	Exit	CAPSTAR FINL HLDGS I	$0	–	-17,539	–	-0.06%	–
HSC	Exit	HARSCO CORP	$0	–	-15,500	–	-0.07%	–
ACBI	Exit	ATLANTIC CAP BANCSHA	$0	–	-17,173	–	-0.07%	–
SSB	Exit	SOUTH ST CORP	$0	–	-4,341	–	-0.07%	–
FBNC	Exit	FIRST BANCORP N C	$0	–	-9,339	–	-0.08%	–
DRH	Exit	DIAMONDROCK HOSPITAL	$0	–	-33,571	–	-0.08%	–
NSIT	Exit	INSIGHT ENTERPRISES	$0	–	-6,511	–	-0.08%	–
CNMD	Exit	CONMED CORP	$0	–	-3,903	–	-0.08%	–
WLH	Exit	LYON WILLIAM HOMEScl a new	$0	–	-19,098	–	-0.09%	–
SCS	Exit	STEELCASE INCcl a	$0	–	-21,407	–	-0.09%	–
JBL	Exit	JABIL INC	$0	–	-11,497	–	-0.09%	–
WMB	Exit	WILLIAMS COS INC DEL	$0	–	-17,070	–	-0.09%	–
CRS	Exit	CARPENTER TECHNOLOGY	$0	–	-8,736	–	-0.10%	–
MIC	Exit	MACQUARIE INFRASTRUC	$0	–	-11,910	–	-0.10%	–
BKH	Exit	BLACK HILLS CORP	$0	–	-6,600	–	-0.11%	–
ARGO	Exit	ARGO GROUP INTL HLDG	$0	–	-7,245	–	-0.11%	–
MPAA	Exit	MOTORCAR PTS AMER IN	$0	–	-32,399	–	-0.12%	–
AMC	Exit	AMC ENTMT HLDGS INC	$0	–	-53,700	–	-0.13%	–
CHK	Exit	CHESAPEAKE ENERGY CO	$0	–	-404,646	–	-0.13%	–
POR	Exit	PORTLAND GEN ELEC CO	$0	–	-10,700	–	-0.14%	–
KALU	Exit	KAISER ALUMINUM CORP	$0	–	-6,100	–	-0.14%	–
OPI	Exit	OFFICE PPTYS INCOME	$0	–	-19,853	–	-0.14%	–
IOSP	Exit	INNOSPEC INC	$0	–	-7,017	–	-0.14%	–
EZPW	Exit	EZCORP INCcl a non vtg	$0	–	-98,169	–	-0.14%	–
HNGR	Exit	HANGER INC	$0	–	-32,600	–	-0.15%	–
SYKE	Exit	SYKES ENTERPRISES IN	$0	–	-22,511	–	-0.15%	–
TCF	Exit	TCF FINANCIAL CORPOR	$0	–	-18,087	–	-0.15%	–
GTS	Exit	TRIPLE-S MGMT CORPcl b	$0	–	-55,526	–	-0.17%	–
WSFS	Exit	WSFS FINL CORP	$0	–	-17,269	–	-0.17%	–
COT	Exit	COTT CORP QUE	$0	–	-61,920	–	-0.17%	–
FMBI	Exit	FIRST MIDWEST BANCOR	$0	–	-40,260	–	-0.18%	–
MLR	Exit	MILLER INDS INC TENN	$0	–	-24,292	–	-0.18%	–
GLNG	Exit	GOLAR LNG LTD BERMUD	$0	–	-63,153	–	-0.18%	–
LNC	Exit	LINCOLN NATL CORP IN	$0	–	-14,100	–	-0.19%	–
SNV	Exit	SYNOVUS FINL CORP	$0	–	-23,809	–	-0.19%	–
WBS	Exit	WEBSTER FINL CORP CO	$0	–	-18,263	–	-0.19%	–
BKD	Exit	BROOKDALE SR LIVING	$0	–	-113,513	–	-0.19%	–
GIL	Exit	GILDAN ACTIVEWEAR IN	$0	–	-24,584	–	-0.20%	–
SAIC	Exit	SCIENCE APPLICATNS I	$0	–	-10,200	–	-0.20%	–
WAIR	Exit	WESCO AIRCRAFT HLDGS	$0	–	-81,800	–	-0.20%	–
AEL	Exit	AMERICAN EQTY INVT L	$0	–	-37,414	–	-0.20%	–
VRTS	Exit	VIRTUS INVT PARTNERS	$0	–	-8,185	–	-0.20%	–
ROCK	Exit	GIBRALTAR INDS INC	$0	–	-19,918	–	-0.20%	–
REVG	Exit	REV GROUP INC	$0	–	-79,941	–	-0.20%	–
CLS	Exit	CELESTICA INC	$0	–	-129,082	–	-0.21%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-33,225	–	-0.21%	–
MUR	Exit	MURPHY OIL CORP	$0	–	-42,975	–	-0.21%	–
ENVA	Exit	ENOVA INTL INC	$0	–	-45,657	–	-0.21%	–
GRPU	Exit	GRANITE REAL ESTATEunit 99/99/9999	$0	–	-19,800	–	-0.21%	–
CJ	Exit	C&J ENERGY SVCS INC	$0	–	-93,622	–	-0.22%	–
PSX	Exit	PHILLIPS 66	$0	–	-10,000	–	-0.23%	–
SCSC	Exit	SCANSOURCE INC	$0	–	-34,503	–	-0.24%	–
SPB	Exit	SPECTRUM BRANDS HLDG	$0	–	-20,354	–	-0.24%	–
HOPE	Exit	HOPE BANCORP INC	$0	–	-75,746	–	-0.24%	–
PBI	Exit	PITNEY BOWES INC	$0	–	-240,782	–	-0.25%	–
TRS	Exit	TRIMAS CORP	$0	–	-36,078	–	-0.25%	–
ASB	Exit	ASSOCIATED BANC CORP	$0	–	-55,074	–	-0.25%	–
BKR	Exit	BAKER HUGHES A GE COcl a	$0	–	-48,653	–	-0.25%	–
VREX	Exit	VAREX IMAGING CORP	$0	–	-39,440	–	-0.25%	–
UVV	Exit	UNIVERSAL CORP VA	$0	–	-20,835	–	-0.26%	–
UBS	Exit	UBS GROUP AG	$0	–	-100,375	–	-0.26%	–
RDSA	Exit	ROYAL DUTCH SHELL PLspons adr a	$0	–	-19,490	–	-0.26%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-9,205	–	-0.26%	–
KO	Exit	COCA COLA CO	$0	–	-21,375	–	-0.26%	–
EIX	Exit	EDISON INTL	$0	–	-16,099	–	-0.27%	–
URI	Exit	UNITED RENTALS INC	$0	–	-9,800	–	-0.27%	–
GOLD	Exit	BARRICK GOLD CORPORA	$0	–	-71,160	–	-0.28%	–
CAR	Exit	AVIS BUDGET GROUP IN	$0	–	-44,079	–	-0.28%	–
IBM	Exit	INTERNATIONAL BUSINE	$0	–	-8,750	–	-0.28%	–
EPAC	Exit	ACTUANT CORPcl a new	$0	–	-58,198	–	-0.28%	–
KKR	Exit	KKR & CO INCcl a	$0	–	-47,793	–	-0.29%	–
MYL	Exit	MYLAN N V	$0	–	-68,171	–	-0.30%	–
DOOR	Exit	MASONITE INTL CORP N	$0	–	-23,464	–	-0.30%	–
CTVA	Exit	CORTEVA INC	$0	–	-52,030	–	-0.33%	–
FCNCA	Exit	FIRST CTZNS BANCSHARcl a	$0	–	-3,145	–	-0.33%	–
FHN	Exit	FIRST HORIZON NATL C	$0	–	-92,300	–	-0.33%	–
CVE	Exit	CENOVUS ENERGY INC	$0	–	-165,225	–	-0.35%	–
ADM	Exit	ARCHER DANIELS MIDLA	$0	–	-37,900	–	-0.35%	–
AXE	Exit	ANIXTER INTL INC	$0	–	-22,692	–	-0.35%	–
GS	Exit	GOLDMAN SACHS GROUP	$0	–	-7,949	–	-0.37%	–
ACM	Exit	AECOM	$0	–	-44,424	–	-0.37%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-280,012	–	-0.38%	–
VOYA	Exit	VOYA FINL INC	$0	–	-32,300	–	-0.39%	–
CNO	Exit	CNO FINL GROUP INC	$0	–	-114,459	–	-0.40%	–
GLW	Exit	CORNING INC	$0	–	-65,030	–	-0.41%	–
SWK	Exit	STANLEY BLACK & DECK	$0	–	-12,866	–	-0.42%	–
UAN	Exit	CVR PARTNERS LP	$0	–	-502,664	–	-0.44%	–
CMTL	Exit	COMTECH TELECOMMUNIC	$0	–	-61,219	–	-0.44%	–
CTSH	Exit	COGNIZANT TECHNOLOGYcl a	$0	–	-33,367	–	-0.45%	–
MS	Exit	MORGAN STANLEY	$0	–	-49,734	–	-0.47%	–
XRX	Exit	XEROX HOLDINGS CORP	$0	–	-71,597	–	-0.48%	–
CPS	Exit	COOPER STD HLDGS INC	$0	–	-53,288	–	-0.49%	–
EQH	Exit	AXA EQUITABLE HLDGS	$0	–	-99,445	–	-0.49%	–
NWL	Exit	NEWELL BRANDS INC	$0	–	-119,068	–	-0.50%	–
F	Exit	FORD MTR CO DEL	$0	–	-244,808	–	-0.50%	–
HPE	Exit	HEWLETT PACKARD ENTE	$0	–	-150,554	–	-0.51%	–
TEX	Exit	TEREX CORP NEW	$0	–	-90,724	–	-0.53%	–
VZ	Exit	VERIZON COMMUNICATIO	$0	–	-42,655	–	-0.58%	–
TMUS	Exit	T MOBILE US INC	$0	–	-33,000	–	-0.58%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-52,463	–	-0.59%	–
HAL	Exit	HALLIBURTON CO	$0	–	-141,178	–	-0.59%	–
OMC	Exit	OMNICOM GROUP INC	$0	–	-34,457	–	-0.60%	–
MET	Exit	METLIFE INC	$0	–	-57,490	–	-0.61%	–
NOV	Exit	NATIONAL OILWELL VAR	$0	–	-130,318	–	-0.62%	–
KBR	Exit	KBR INC	$0	–	-113,376	–	-0.62%	–
PVH	Exit	PVH CORP	$0	–	-31,569	–	-0.62%	–
AXS	Exit	AXIS CAPITAL HOLDING	$0	–	-41,897	–	-0.62%	–
EOG	Exit	EOG RES INC	$0	–	-38,000	–	-0.63%	–
LEA	Exit	LEAR CORP	$0	–	-24,150	–	-0.64%	–
AAPL	Exit	APPLE INC	$0	–	-12,900	–	-0.64%	–
AON	Exit	AON PLC	$0	–	-15,000	–	-0.65%	–
LEN	Exit	LENNAR CORPcl a	$0	–	-52,000	–	-0.65%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-18,000	–	-0.65%	–
BRKB	Exit	BERKSHIRE HATHAWAY Icl b new	$0	–	-14,325	–	-0.67%	–
VST	Exit	VISTRA ENERGY CORP	$0	–	-116,000	–	-0.69%	–
MCK	Exit	MCKESSON CORP	$0	–	-22,952	–	-0.70%	–
R	Exit	RYDER SYS INC	$0	–	-60,958	–	-0.70%	–
VNO	Exit	VORNADO RLTY TRsh ben int	$0	–	-50,515	–	-0.72%	–
AVT	Exit	AVNET INC	$0	–	-72,961	–	-0.72%	–
COF	Exit	CAPITAL ONE FINL COR	$0	–	-35,943	–	-0.73%	–
INGR	Exit	INGREDION INC	$0	–	-40,000	–	-0.73%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-24,300	–	-0.74%	–
TRV	Exit	TRAVELERS COMPANIES	$0	–	-22,600	–	-0.75%	–
PXD	Exit	PIONEER NAT RES CO	$0	–	-26,800	–	-0.75%	–
AIG	Exit	AMERICAN INTL GROUP	$0	–	-60,710	–	-0.76%	–
AERI	Exit	AERIE PHARMACEUTICAL	$0	–	-176,525	–	-0.76%	–
JELD	Exit	JELD-WEN HLDG INC	$0	–	-175,961	–	-0.76%	–
LHX	Exit	L3HARRIS TECHNOLOGIE	$0	–	-16,700	–	-0.78%	–
CSX	Exit	CSX CORP	$0	–	-55,000	–	-0.85%	–
HES	Exit	HESS CORP	$0	–	-63,040	–	-0.85%	–
OXY	Exit	OCCIDENTAL PETE CORP	$0	–	-86,670	–	-0.86%	–
MSI	Exit	MOTOROLA SOLUTIONS I	$0	–	-22,900	–	-0.87%	–
BERY	Exit	BERRY GLOBAL GROUP I	$0	–	-100,000	–	-0.88%	–
WAB	Exit	WABTEC CORP	$0	–	-57,323	–	-0.92%	–
DD	Exit	DUPONT DE NEMOURS IN	$0	–	-57,820	–	-0.92%	–
PFE	Exit	PFIZER INC	$0	–	-120,770	–	-0.97%	–
DHI	Exit	D R HORTON INC	$0	–	-83,800	–	-0.99%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-40,000	–	-1.00%	–
BX	Exit	BLACKSTONE GROUP INC	$0	–	-92,000	–	-1.00%	–
BA	Exit	BOEING CO	$0	–	-12,200	–	-1.04%	–
HCA	Exit	HCA HEALTHCARE INC	$0	–	-40,000	–	-1.08%	–
J	Exit	JACOBS ENGR GROUP IN	$0	–	-55,000	–	-1.12%	–
NEAR	Exit	ISHARES US ETF TRsht mat bd etf	$0	–	-100,000	–	-1.12%	–
ORCL	Exit	ORACLE CORP	$0	–	-100,839	–	-1.24%	–
WDC	Exit	WESTERN DIGITAL CORP	$0	–	-95,000	–	-1.27%	–
DAL	Exit	DELTA AIR LINES INC	$0	–	-98,440	–	-1.27%	–
USFD	Exit	US FOODS HLDG CORP	$0	–	-140,000	–	-1.29%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-5,300	–	-1.44%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-5,435	–	-1.48%	–
CVA	Exit	COVANTA HLDG CORP	$0	–	-391,296	–	-1.51%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-160,000	–	-1.61%	–
GM	Exit	GENERAL MTRS CO	$0	–	-195,255	–	-1.64%	–
DIS	Exit	DISNEY WALT CO	$0	–	-56,819	–	-1.65%	–
CI	Exit	CIGNA CORP NEW	$0	–	-50,500	–	-1.71%	–
CSCO	Exit	CISCO SYS INC	$0	–	-158,300	–	-1.75%	–
BMY	Exit	BRISTOL MYERS SQUIBB	$0	–	-165,000	–	-1.87%	–
BAC	Exit	BANK AMER CORP	$0	–	-295,173	–	-1.92%	–
MPC	Exit	MARATHON PETE CORP	$0	–	-160,000	–	-2.17%	–
LYB	Exit	LYONDELLBASELL INDUS	$0	–	-110,200	–	-2.20%	–
KMI	Exit	KINDER MORGAN INC DE	$0	–	-500,000	–	-2.30%	–
C	Exit	CITIGROUP INC	$0	–	-197,974	–	-3.06%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-162,564	–	-4.27%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-161,500	–	-5.02%	–

Q3 2019

			Value		Shares		↓ Weighting
MSFT	Sell	MICROSOFT CORP	$22,453,000	+0.7%	161,500	-3.0%	5.02%	+8.2%
JPM	Sell	JPMORGAN CHASE & CO	$19,132,000	+0.4%	162,564	-4.6%	4.27%	+8.0%
C	Sell	CITIGROUP INC	$13,676,000	-5.3%	197,974	-4.0%	3.06%	+1.7%
LYB	Sell	LYONDELLBASELL INDUS	$9,860,000	+2.0%	110,200	-1.8%	2.20%	+9.7%
MPC	Sell	MARATHON PETE CORP	$9,720,000	+2.3%	160,000	-5.9%	2.17%	+10.0%
BAC	Sell	BANK AMER CORP	$8,610,000	-8.7%	295,173	-9.2%	1.92%	-1.8%
BMY	Buy	BRISTOL MYERS SQUIBB	$8,367,000	+67.7%	165,000	+50.0%	1.87%	+80.2%
CSCO	Buy	CISCO SYS INC	$7,822,000	-0.3%	158,300	+10.5%	1.75%	+7.2%
CI	Sell	CIGNA CORP NEW	$7,665,000	-25.7%	50,500	-22.9%	1.71%	-20.2%
CMCSA	Buy	COMCAST CORP NEWcl a	$7,213,000	+13.7%	160,000	+6.7%	1.61%	+22.2%
CVA	Buy	COVANTA HLDG CORP	$6,766,000	+5.9%	391,296	+9.7%	1.51%	+13.9%
GOOGL	Buy	ALPHABET INCcap stk cl a	$6,637,000	+55.8%	5,435	+38.1%	1.48%	+67.4%
USFD	Sell	US FOODS HLDG CORP	$5,754,000	+3.8%	140,000	-9.7%	1.29%	+11.6%
WDC	Sell	WESTERN DIGITAL CORP	$5,666,000	-17.8%	95,000	-34.5%	1.27%	-11.7%
ORCL	Sell	ORACLE CORP	$5,549,000	-35.8%	100,839	-33.6%	1.24%	-31.0%
J	Sell	JACOBS ENGR GROUP IN	$5,033,000	-8.2%	55,000	-15.4%	1.12%	-1.4%
HCA	Sell	HCA HEALTHCARE INC	$4,817,000	-28.7%	40,000	-20.0%	1.08%	-23.4%
BA	Buy	BOEING CO	$4,642,000	+35.7%	12,200	+29.8%	1.04%	+45.9%
BX	New	BLACKSTONE GROUP INC	$4,493,000	–	92,000	–	1.00%	–
PFE	Sell	PFIZER INC	$4,339,000	-42.9%	120,770	-31.1%	0.97%	-38.6%
DD	Sell	DUPONT DE NEMOURS IN	$4,123,000	-15.6%	57,820	-11.1%	0.92%	-9.3%
WAB	Sell	WABTEC CORP	$4,119,000	-4.5%	57,323	-4.6%	0.92%	+2.6%
BERY	New	BERRY GLOBAL GROUP I	$3,927,000	–	100,000	–	0.88%	–
OXY	Buy	OCCIDENTAL PETE CORP	$3,854,000	+10.7%	86,670	+25.2%	0.86%	+18.9%
HES	Sell	HESS CORP	$3,813,000	-14.4%	63,040	-10.0%	0.85%	-8.0%
LHX	New	L3HARRIS TECHNOLOGIE	$3,484,000	–	16,700	–	0.78%	–
AERI	Buy	AERIE PHARMACEUTICAL	$3,393,000	+290.0%	176,525	+499.8%	0.76%	+318.8%
AIG	Sell	AMERICAN INTL GROUP	$3,382,000	-4.4%	60,710	-8.5%	0.76%	+2.9%
INGR	New	INGREDION INC	$3,270,000	–	40,000	–	0.73%	–
R	Buy	RYDER SYS INC	$3,156,000	-3.5%	60,958	+8.7%	0.70%	+3.7%
VST	Buy	VISTRA ENERGY CORP	$3,101,000	+93.2%	116,000	+63.6%	0.69%	+107.5%
BRKB	New	BERKSHIRE HATHAWAY Icl b new	$2,980,000	–	14,325	–	0.67%	–
UNP	Buy	UNION PACIFIC CORP	$2,916,000	+21.4%	18,000	+26.8%	0.65%	+30.5%
AAPL	Buy	APPLE INC	$2,889,000	+26.9%	12,900	+12.2%	0.64%	+36.4%
AXS	Sell	AXIS CAPITAL HOLDING	$2,795,000	+5.7%	41,897	-5.5%	0.62%	+13.5%
KBR	Sell	KBR INC	$2,782,000	-15.2%	113,376	-13.8%	0.62%	-8.8%
PVH	Buy	PVH CORP	$2,785,000	+31.1%	31,569	+40.7%	0.62%	+41.0%
HAL	Buy	HALLIBURTON CO	$2,661,000	-9.2%	141,178	+9.6%	0.59%	-2.5%
VZ	Sell	VERIZON COMMUNICATIO	$2,575,000	-23.2%	42,655	-27.4%	0.58%	-17.5%
TEX	Buy	TEREX CORP NEW	$2,356,000	-11.5%	90,724	+7.0%	0.53%	-4.9%
CPS	Sell	COOPER STD HLDGS INC	$2,178,000	-36.5%	53,288	-28.8%	0.49%	-31.7%
XRX	New	XEROX HOLDINGS CORP	$2,141,000	–	71,597	–	0.48%	–
CMTL	Sell	COMTECH TELECOMMUNIC	$1,990,000	-8.3%	61,219	-20.7%	0.44%	-1.3%
GLW	Sell	CORNING INC	$1,855,000	-14.3%	65,030	-0.1%	0.41%	-8.0%
CNO	Buy	CNO FINL GROUP INC	$1,812,000	-2.4%	114,459	+2.8%	0.40%	+4.9%
NG	Sell	NOVAGOLD RES INC	$1,700,000	-43.5%	280,012	-45.0%	0.38%	-39.2%
ACM	Sell	AECOM	$1,669,000	-17.5%	44,424	-16.9%	0.37%	-11.2%
ADM	New	ARCHER DANIELS MIDLA	$1,557,000	–	37,900	–	0.35%	–
CVE	Sell	CENOVUS ENERGY INC	$1,551,000	-14.6%	165,225	-19.8%	0.35%	-8.0%
CTVA	Sell	CORTEVA INC	$1,457,000	-24.2%	52,030	-20.0%	0.33%	-18.5%
IBM	New	INTERNATIONAL BUSINE	$1,272,000	–	8,750	–	0.28%	–
CAR	Buy	AVIS BUDGET GROUP IN	$1,246,000	-2.6%	44,079	+21.1%	0.28%	+4.5%
GOLD	Sell	BARRICK GOLD CORPORA	$1,233,000	-48.1%	71,160	-52.7%	0.28%	-44.3%
URI	Sell	UNITED RENTALS INC	$1,221,000	-61.8%	9,800	-59.3%	0.27%	-58.9%
EIX	Sell	EDISON INTL	$1,214,000	-50.2%	16,099	-55.5%	0.27%	-46.5%
BKR	New	BAKER HUGHES A GE COcl a	$1,129,000	–	48,653	–	0.25%	–
VREX	Buy	VAREX IMAGING CORP	$1,126,000	+17.3%	39,440	+25.9%	0.25%	+26.0%
SPB	Buy	SPECTRUM BRANDS HLDG	$1,073,000	+24.5%	20,354	+27.0%	0.24%	+34.1%
CJ	Buy	C&J ENERGY SVCS INC	$1,005,000	+5.5%	93,622	+15.8%	0.22%	+13.6%
MUR	Buy	MURPHY OIL CORP	$950,000	+22.7%	42,975	+36.8%	0.21%	+31.7%
ENVA	Buy	ENOVA INTL INC	$947,000	-0.2%	45,657	+10.9%	0.21%	+7.6%
KHC	Sell	KRAFT HEINZ CO	$928,000	-48.8%	33,225	-43.1%	0.21%	-45.1%
REVG	Sell	REV GROUP INC	$914,000	-29.9%	79,941	-11.7%	0.20%	-24.7%
ROCK	Sell	GIBRALTAR INDS INC	$915,000	-15.9%	19,918	-26.1%	0.20%	-9.7%
VRTS	Sell	VIRTUS INVT PARTNERS	$905,000	-13.0%	8,185	-15.5%	0.20%	-6.5%
AEL	Buy	AMERICAN EQTY INVT L	$905,000	+16.6%	37,414	+30.9%	0.20%	+25.5%
WAIR	Sell	WESCO AIRCRAFT HLDGS	$901,000	-31.8%	81,800	-31.3%	0.20%	-26.9%
LNC	Sell	LINCOLN NATL CORP IN	$851,000	-76.6%	14,100	-75.0%	0.19%	-74.9%
GLNG	Buy	GOLAR LNG LTD BERMUD	$820,000	-20.2%	63,153	+13.7%	0.18%	-14.1%
MLR	Buy	MILLER INDS INC TENN	$809,000	+72.5%	24,292	+59.3%	0.18%	+86.6%
COT	New	COTT CORP QUE	$772,000	–	61,920	–	0.17%	–
GTS	Buy	TRIPLE-S MGMT CORPcl b	$744,000	-8.4%	55,526	+63.1%	0.17%	-1.8%
SYKE	New	SYKES ENTERPRISES IN	$690,000	–	22,511	–	0.15%	–
TCF	New	TCF FINANCIAL CORPOR	$689,000	–	18,087	–	0.15%	–
HNGR	Buy	HANGER INC	$664,000	+47.6%	32,600	+38.7%	0.15%	+57.4%
EZPW	Buy	EZCORP INCcl a non vtg	$634,000	-20.2%	98,169	+17.1%	0.14%	-13.9%
IOSP	Sell	INNOSPEC INC	$625,000	-24.1%	7,017	-22.2%	0.14%	-18.1%
KALU	Sell	KAISER ALUMINUM CORP	$604,000	-1.8%	6,100	-3.2%	0.14%	+5.5%
CHK	Buy	CHESAPEAKE ENERGY CO	$571,000	+18.7%	404,646	+64.1%	0.13%	+28.0%
AMC	Buy	AMC ENTMT HLDGS INC	$575,000	+113.0%	53,700	+85.8%	0.13%	+128.6%
JBL	Sell	JABIL INC	$411,000	-28.4%	11,497	-36.7%	0.09%	-22.7%
WLH	Sell	LYON WILLIAM HOMEScl a new	$389,000	-20.6%	19,098	-29.0%	0.09%	-14.7%
CNMD	Sell	CONMED CORP	$375,000	-10.7%	3,903	-20.4%	0.08%	-3.4%
NSIT	Sell	INSIGHT ENTERPRISES	$363,000	-33.8%	6,511	-30.8%	0.08%	-28.9%
SSB	Sell	SOUTH ST CORP	$327,000	-39.6%	4,341	-40.9%	0.07%	-34.8%
HSC	New	HARSCO CORP	$294,000	–	15,500	–	0.07%	–
CSTR	New	CAPSTAR FINL HLDGS I	$291,000	–	17,539	–	0.06%	–
TNK	Buy	TEEKAY TANKERS LTDcl a	$274,000	+22.9%	210,850	+21.0%	0.06%	+32.6%
THC	Sell	TENET HEALTHCARE COR	$228,000	-18.9%	10,325	-24.2%	0.05%	-12.1%
NNI	Sell	NELNET INCcl a	$216,000	-18.8%	3,400	-24.4%	0.05%	-12.7%
BSIG	New	BRIGHTSPHERE INVT GR	$189,000	–	19,033	–	0.04%	–
HPR	Sell	HIGHPOINT RES CORP	$159,000	-31.2%	100,000	-21.3%	0.04%	-25.0%
TTI	Sell	TETRA TECHNOLOGIES I	$138,000	-6.8%	68,500	-24.5%	0.03%	0.0%
SPNV	Buy	SUPERIOR ENERGY SVCS	$18,000	-56.1%	141,900	+350.5%	0.00%	-55.6%
ESV	Exit	ENSCO ROWAN PLC	$0	–	-12,350	–	-0.02%	–
BSIG	Exit	BRIGHTSPHERE INVESTM	$0	–	-22,133	–	-0.05%	–
NCI	Exit	NAVIGANT CONSULTING	$0	–	-13,686	–	-0.07%	–
TCF	Exit	TCF FINL CORP	$0	–	-35,599	–	-0.15%	–
DISH	Exit	DISH NETWORK CORPcl a	$0	–	-19,688	–	-0.16%	–
FARM	Exit	FARMER BROS CO	$0	–	-49,617	–	-0.17%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-14,998	–	-0.24%	–
ELAN	Exit	ELANCO ANIMAL HEALTH	$0	–	-39,200	–	-0.28%	–
T	Exit	AT&T INC	$0	–	-46,014	–	-0.32%	–
ATH	Exit	ATHENE HLDG LTDcl a	$0	–	-41,700	–	-0.37%	–
XRX	Exit	XEROX CORP	$0	–	-50,764	–	-0.37%	–
ETN	Exit	EATON CORP PLC	$0	–	-22,100	–	-0.38%	–
WPX	Exit	WPX ENERGY INC	$0	–	-186,500	–	-0.45%	–
IP	Exit	INTL PAPER CO	$0	–	-55,795	–	-0.50%	–
GDI	Exit	GARDNER DENVER HLDGS	$0	–	-85,000	–	-0.61%	–
BX	Exit	BLACKSTONE GROUP L P	$0	–	-92,000	–	-0.85%	–
LNG	Exit	CHENIERE ENERGY INC	$0	–	-75,000	–	-1.07%	–
ARMK	Exit	ARAMARK	$0	–	-175,000	–	-1.31%	–
UNH	Exit	UNITEDHEALTH GROUP I	$0	–	-33,000	–	-1.67%	–

Q2 2019

			Value		Shares		↓ Weighting
MSFT	New	MICROSOFT CORP	$22,304,000	–	166,500	–	4.64%	–
JPM	New	JPMORGAN CHASE & CO	$19,047,000	–	170,364	–	3.96%	–
C	New	CITIGROUP INC	$14,446,000	–	206,289	–	3.00%	–
KMI	New	KINDER MORGAN INC DE	$10,440,000	–	500,000	–	2.17%	–
CI	New	CIGNA CORP NEW	$10,320,000	–	65,500	–	2.14%	–
LYB	New	LYONDELLBASELL INDUS	$9,664,000	–	112,200	–	2.01%	–
MPC	New	MARATHON PETE CORP	$9,500,000	–	170,000	–	1.98%	–
BAC	New	BANK AMER CORP	$9,430,000	–	325,173	–	1.96%	–
ORCL	New	ORACLE CORP	$8,650,000	–	151,834	–	1.80%	–
UNH	New	UNITEDHEALTH GROUP I	$8,052,000	–	33,000	–	1.67%	–
DIS	New	DISNEY WALT CO	$7,934,000	–	56,819	–	1.65%	–
CSCO	New	CISCO SYS INC	$7,843,000	–	143,300	–	1.63%	–
PFE	New	PFIZER INC	$7,597,000	–	175,358	–	1.58%	–
GM	New	GENERAL MTRS CO	$7,523,000	–	195,255	–	1.56%	–
WDC	New	WESTERN DIGITAL CORP	$6,895,000	–	145,000	–	1.43%	–
HCA	New	HCA HEALTHCARE INC	$6,759,000	–	50,000	–	1.40%	–
CVA	New	COVANTA HLDG CORP	$6,390,000	–	356,779	–	1.33%	–
CMCSA	New	COMCAST CORP NEWcl a	$6,342,000	–	150,000	–	1.32%	–
ARMK	New	ARAMARK	$6,311,000	–	175,000	–	1.31%	–
GOOG	New	ALPHABET INCcap stk cl c	$5,729,000	–	5,300	–	1.19%	–
DAL	New	DELTA AIR LINES INC	$5,586,000	–	98,440	–	1.16%	–
USFD	New	US FOODS HLDG CORP	$5,543,000	–	155,000	–	1.15%	–
J	New	JACOBS ENGR GROUP IN	$5,485,000	–	65,000	–	1.14%	–
LNG	New	CHENIERE ENERGY INC	$5,134,000	–	75,000	–	1.07%	–
NEAR	New	ISHARES US ETF TRsht mat bd etf	$5,033,000	–	100,000	–	1.05%	–
BMY	New	BRISTOL MYERS SQUIBB	$4,989,000	–	110,000	–	1.04%	–
DD	New	DUPONT DE NEMOURS IN	$4,883,000	–	65,040	–	1.02%	–
ADI	New	ANALOG DEVICES INC	$4,515,000	–	40,000	–	0.94%	–
HES	New	HESS CORP	$4,453,000	–	70,041	–	0.93%	–
WAB	New	WABTEC CORP	$4,314,000	–	60,117	–	0.90%	–
GOOGL	New	ALPHABET INCcap stk cl a	$4,261,000	–	3,935	–	0.89%	–
CSX	New	CSX CORP	$4,255,000	–	55,000	–	0.88%	–
PXD	New	PIONEER NAT RES CO	$4,123,000	–	26,800	–	0.86%	–
BX	New	BLACKSTONE GROUP L P	$4,087,000	–	92,000	–	0.85%	–
MSI	New	MOTOROLA SOLUTIONS I	$3,818,000	–	22,900	–	0.79%	–
JELD	New	JELD-WEN HLDG INC	$3,736,000	–	175,961	–	0.78%	–
LNC	New	LINCOLN NATL CORP IN	$3,641,000	–	56,500	–	0.76%	–
DHI	New	D R HORTON INC	$3,614,000	–	83,800	–	0.75%	–
EOG	New	EOG RES INC	$3,540,000	–	38,000	–	0.74%	–
AIG	New	AMERICAN INTL GROUP	$3,536,000	–	66,361	–	0.74%	–
OXY	New	OCCIDENTAL PETE CORP	$3,482,000	–	69,248	–	0.72%	–
CPS	New	COOPER STD HLDGS INC	$3,431,000	–	74,875	–	0.71%	–
BA	New	BOEING CO	$3,422,000	–	9,400	–	0.71%	–
TRV	New	TRAVELERS COMPANIES	$3,379,000	–	22,600	–	0.70%	–
LEA	New	LEAR CORP	$3,363,000	–	24,150	–	0.70%	–
VZ	New	VERIZON COMMUNICATIO	$3,354,000	–	58,715	–	0.70%	–
AVT	New	AVNET INC	$3,303,000	–	72,961	–	0.69%	–
KBR	New	KBR INC	$3,281,000	–	131,551	–	0.68%	–
R	New	RYDER SYS INC	$3,271,000	–	56,102	–	0.68%	–
COF	New	CAPITAL ONE FINL COR	$3,261,000	–	35,943	–	0.68%	–
VNO	New	VORNADO RLTY TRsh ben int	$3,238,000	–	50,515	–	0.67%	–
URI	New	UNITED RENTALS INC	$3,196,000	–	24,100	–	0.66%	–
UTX	New	UNITED TECHNOLOGIES	$3,164,000	–	24,300	–	0.66%	–
MCK	New	MCKESSON CORP	$3,085,000	–	22,952	–	0.64%	–
NG	New	NOVAGOLD RES INC	$3,009,000	–	509,124	–	0.62%	–
GDI	New	GARDNER DENVER HLDGS	$2,941,000	–	85,000	–	0.61%	–
HAL	New	HALLIBURTON CO	$2,930,000	–	128,869	–	0.61%	–
NOV	New	NATIONAL OILWELL VAR	$2,897,000	–	130,318	–	0.60%	–
AON	New	AON PLC	$2,895,000	–	15,000	–	0.60%	–
MET	New	METLIFE INC	$2,856,000	–	57,490	–	0.59%	–
OMC	New	OMNICOM GROUP INC	$2,824,000	–	34,457	–	0.59%	–
TEX	New	TEREX CORP NEW	$2,662,000	–	84,765	–	0.55%	–
AXS	New	AXIS CAPITAL HOLDING	$2,645,000	–	44,335	–	0.55%	–
LEN	New	LENNAR CORPcl a	$2,520,000	–	52,000	–	0.52%	–
F	New	FORD MTR CO DEL	$2,504,000	–	244,808	–	0.52%	–
WFC	New	WELLS FARGO CO NEW	$2,483,000	–	52,463	–	0.52%	–
TMUS	New	T MOBILE US INC	$2,447,000	–	33,000	–	0.51%	–
EIX	New	EDISON INTL	$2,438,000	–	36,162	–	0.51%	–
IP	New	INTL PAPER CO	$2,417,000	–	55,795	–	0.50%	–
UNP	New	UNION PACIFIC CORP	$2,401,000	–	14,200	–	0.50%	–
GOLD	New	BARRICK GOLD CORPORA	$2,375,000	–	150,595	–	0.49%	–
AAPL	New	APPLE INC	$2,276,000	–	11,500	–	0.47%	–
HPE	New	HEWLETT PACKARD ENTE	$2,251,000	–	150,554	–	0.47%	–
MS	New	MORGAN STANLEY	$2,179,000	–	49,734	–	0.45%	–
CMTL	New	COMTECH TELECOMMUNIC	$2,171,000	–	77,219	–	0.45%	–
GLW	New	CORNING INC	$2,164,000	–	65,110	–	0.45%	–
WPX	New	WPX ENERGY INC	$2,147,000	–	186,500	–	0.45%	–
PVH	New	PVH CORP	$2,124,000	–	22,443	–	0.44%	–
CTSH	New	COGNIZANT TECHNOLOGYcl a	$2,115,000	–	33,367	–	0.44%	–
EQH	New	AXA EQUITABLE HLDGS	$2,078,000	–	99,445	–	0.43%	–
UAN	New	CVR PARTNERS LP	$2,056,000	–	502,664	–	0.43%	–
ACM	New	AECOM	$2,023,000	–	53,459	–	0.42%	–
CTVA	New	CORTEVA INC	$1,923,000	–	65,040	–	0.40%	–
SWK	New	STANLEY BLACK & DECK	$1,861,000	–	12,866	–	0.39%	–
CNO	New	CNO FINL GROUP INC	$1,857,000	–	111,359	–	0.39%	–
ETN	New	EATON CORP PLC	$1,840,000	–	22,100	–	0.38%	–
NWL	New	NEWELL BRANDS INC	$1,836,000	–	119,068	–	0.38%	–
CVE	New	CENOVUS ENERGY INC	$1,816,000	–	205,929	–	0.38%	–
KHC	New	KRAFT HEINZ CO	$1,812,000	–	58,365	–	0.38%	–
XRX	New	XEROX CORP	$1,798,000	–	50,764	–	0.37%	–
ATH	New	ATHENE HLDG LTDcl a	$1,796,000	–	41,700	–	0.37%	–
VOYA	New	VOYA FINL INC	$1,786,000	–	32,300	–	0.37%	–
GS	New	GOLDMAN SACHS GROUP	$1,626,000	–	7,949	–	0.34%	–
VST	New	VISTRA ENERGY CORP	$1,605,000	–	70,900	–	0.33%	–
T	New	AT&T INC	$1,542,000	–	46,014	–	0.32%	–
EPAC	New	ACTUANT CORPcl a new	$1,444,000	–	58,198	–	0.30%	–
FCNCA	New	FIRST CTZNS BANCSHARcl a	$1,416,000	–	3,145	–	0.29%	–
FHN	New	FIRST HORIZON NATL C	$1,378,000	–	92,300	–	0.29%	–
AXE	New	ANIXTER INTL INC	$1,355,000	–	22,692	–	0.28%	–
ELAN	New	ELANCO ANIMAL HEALTH	$1,325,000	–	39,200	–	0.28%	–
WAIR	New	WESCO AIRCRAFT HLDGS	$1,322,000	–	119,070	–	0.28%	–
REVG	New	REV GROUP INC	$1,304,000	–	90,520	–	0.27%	–
MYL	New	MYLAN N V	$1,298,000	–	68,171	–	0.27%	–
CAR	New	AVIS BUDGET GROUP IN	$1,279,000	–	36,386	–	0.27%	–
RDSA	New	ROYAL DUTCH SHELL PLspons adr a	$1,268,000	–	19,490	–	0.26%	–
UVV	New	UNIVERSAL CORP VA	$1,266,000	–	20,835	–	0.26%	–
CAT	New	CATERPILLAR INC DEL	$1,255,000	–	9,205	–	0.26%	–
DOOR	New	MASONITE INTL CORP N	$1,236,000	–	23,464	–	0.26%	–
KKR	New	KKR & CO INCcl a	$1,208,000	–	47,793	–	0.25%	–
UBS	New	UBS GROUP AG	$1,193,000	–	100,375	–	0.25%	–
ASB	New	ASSOCIATED BANC CORP	$1,164,000	–	55,074	–	0.24%	–
XOM	New	EXXON MOBIL CORP	$1,149,000	–	14,998	–	0.24%	–
SCSC	New	SCANSOURCE INC	$1,123,000	–	34,503	–	0.23%	–
TRS	New	TRIMAS CORP	$1,117,000	–	36,078	–	0.23%	–
ROCK	New	GIBRALTAR INDS INC	$1,088,000	–	26,963	–	0.23%	–
KO	New	COCA COLA CO	$1,088,000	–	21,375	–	0.23%	–
HOPE	New	HOPE BANCORP INC	$1,044,000	–	75,746	–	0.22%	–
VRTS	New	VIRTUS INVT PARTNERS	$1,040,000	–	9,685	–	0.22%	–
PBI	New	PITNEY BOWES INC	$1,031,000	–	240,782	–	0.21%	–
GLNG	New	GOLAR LNG LTD BERMUD	$1,027,000	–	55,553	–	0.21%	–
VREX	New	VAREX IMAGING CORP	$960,000	–	31,324	–	0.20%	–
CJ	New	C&J ENERGY SVCS INC	$953,000	–	80,861	–	0.20%	–
GIL	New	GILDAN ACTIVEWEAR IN	$951,000	–	24,584	–	0.20%	–
ENVA	New	ENOVA INTL INC	$949,000	–	41,157	–	0.20%	–
PSX	New	PHILLIPS 66	$935,000	–	10,000	–	0.19%	–
GRPU	New	GRANITE REAL ESTATEunit 99/99/9999	$904,000	–	19,800	–	0.19%	–
SAIC	New	SCIENCE APPLICATNS I	$883,000	–	10,200	–	0.18%	–
CLS	New	CELESTICA INC	$882,000	–	129,082	–	0.18%	–
WBS	New	WEBSTER FINL CORP CO	$872,000	–	18,263	–	0.18%	–
AERI	New	AERIE PHARMACEUTICAL	$870,000	–	29,431	–	0.18%	–
SPB	New	SPECTRUM BRANDS HLDG	$862,000	–	16,023	–	0.18%	–
SNV	New	SYNOVUS FINL CORP	$833,000	–	23,809	–	0.17%	–
FMBI	New	FIRST MIDWEST BANCOR	$824,000	–	40,260	–	0.17%	–
IOSP	New	INNOSPEC INC	$823,000	–	9,017	–	0.17%	–
BKD	New	BROOKDALE SR LIVING	$818,000	–	113,513	–	0.17%	–
FARM	New	FARMER BROS CO	$812,000	–	49,617	–	0.17%	–
GTS	New	TRIPLE-S MGMT CORPcl b	$812,000	–	34,053	–	0.17%	–
EZPW	New	EZCORP INCcl a non vtg	$794,000	–	83,800	–	0.16%	–
AEL	New	AMERICAN EQTY INVT L	$776,000	–	28,585	–	0.16%	–
MUR	New	MURPHY OIL CORP	$774,000	–	31,414	–	0.16%	–
DISH	New	DISH NETWORK CORPcl a	$756,000	–	19,688	–	0.16%	–
TCF	New	TCF FINL CORP	$740,000	–	35,599	–	0.15%	–
WSFS	New	WSFS FINL CORP	$713,000	–	17,269	–	0.15%	–
MPAA	New	MOTORCAR PTS AMER IN	$694,000	–	32,399	–	0.14%	–
KALU	New	KAISER ALUMINUM CORP	$615,000	–	6,300	–	0.13%	–
POR	New	PORTLAND GEN ELEC CO	$580,000	–	10,700	–	0.12%	–
JBL	New	JABIL INC	$574,000	–	18,161	–	0.12%	–
NSIT	New	INSIGHT ENTERPRISES	$548,000	–	9,409	–	0.11%	–
SSB	New	SOUTH ST CORP	$541,000	–	7,341	–	0.11%	–
ARGO	New	ARGO GROUP INTL HLDG	$536,000	–	7,245	–	0.11%	–
OPI	New	OFFICE PPTYS INCOME	$522,000	–	19,853	–	0.11%	–
BKH	New	BLACK HILLS CORP	$516,000	–	6,600	–	0.11%	–
WLH	New	LYON WILLIAM HOMEScl a new	$490,000	–	26,898	–	0.10%	–
MIC	New	MACQUARIE INFRASTRUC	$483,000	–	11,910	–	0.10%	–
CHK	New	CHESAPEAKE ENERGY CO	$481,000	–	246,646	–	0.10%	–
WMB	New	WILLIAMS COS INC DEL	$479,000	–	17,070	–	0.10%	–
MLR	New	MILLER INDS INC TENN	$469,000	–	15,248	–	0.10%	–
HNGR	New	HANGER INC	$450,000	–	23,500	–	0.09%	–
CNMD	New	CONMED CORP	$420,000	–	4,903	–	0.09%	–
CRS	New	CARPENTER TECHNOLOGY	$419,000	–	8,736	–	0.09%	–
SCS	New	STEELCASE INCcl a	$366,000	–	21,407	–	0.08%	–
DRH	New	DIAMONDROCK HOSPITAL	$347,000	–	33,571	–	0.07%	–
FBNC	New	FIRST BANCORP N C	$340,000	–	9,339	–	0.07%	–
NCI	New	NAVIGANT CONSULTING	$317,000	–	13,686	–	0.07%	–
ACBI	New	ATLANTIC CAP BANCSHA	$294,000	–	17,173	–	0.06%	–
THC	New	TENET HEALTHCARE COR	$281,000	–	13,625	–	0.06%	–
AMC	New	AMC ENTMT HLDGS INC	$270,000	–	28,900	–	0.06%	–
NNI	New	NELNET INCcl a	$266,000	–	4,500	–	0.06%	–
TUP	New	TUPPERWARE BRANDS CO	$267,000	–	14,038	–	0.06%	–
BSIG	New	BRIGHTSPHERE INVESTM	$253,000	–	22,133	–	0.05%	–
RLGY	New	REALOGY HLDGS CORP	$243,000	–	33,560	–	0.05%	–
HPR	New	HIGHPOINT RES CORP	$231,000	–	127,100	–	0.05%	–
HMLP	New	HOEGH LNG PARTNERS L	$230,000	–	13,267	–	0.05%	–
TNK	New	TEEKAY TANKERS LTDcl a	$223,000	–	174,250	–	0.05%	–
TTI	New	TETRA TECHNOLOGIES I	$148,000	–	90,700	–	0.03%	–
CTT	New	CATCHMARK TIMBER TRcl a	$146,000	–	13,960	–	0.03%	–
ESV	New	ENSCO ROWAN PLC	$105,000	–	12,350	–	0.02%	–
ARC	New	ARC DOCUMENT SOLUTIO	$98,000	–	47,823	–	0.02%	–
SPNV	New	SUPERIOR ENERGY SVCS	$41,000	–	31,500	–	0.01%	–
FCEL	New	FUELCELL ENERGY INC	$29,000	–	165,753	–	0.01%	–

Q4 2018

			Value		Shares		↓ Weighting
ARC	Exit	ARC DOCUMENT SOLUTIO	$0	–	-47,823	–	-0.03%	–
CTT	Exit	CATCHMARK TIMBER TRcl a	$0	–	-13,960	–	-0.03%	–
TTI	Exit	TETRA TECHNOLOGIES I	$0	–	-55,300	–	-0.05%	–
REVG	Exit	REV GROUP INC	$0	–	-17,192	–	-0.06%	–
MIC	Exit	MACQUARIE INFRASTRUC	$0	–	-5,955	–	-0.06%	–
FBNC	Exit	FIRST BANCORP N C	$0	–	-6,839	–	-0.06%	–
NNI	Exit	NELNET INCcl a	$0	–	-4,800	–	-0.06%	–
MLR	Exit	MILLER INDS INC TENN	$0	–	-10,927	–	-0.06%	–
ESV	Exit	ENSCO PLC	$0	–	-36,800	–	-0.06%	–
ACBI	Exit	ATLANTIC CAP BANCSHA	$0	–	-19,374	–	-0.07%	–
BSIG	Exit	BRIGHTSPHERE INVESTM	$0	–	-28,733	–	-0.07%	–
THC	Exit	TENET HEALTHCARE COR	$0	–	-13,625	–	-0.08%	–
DRH	Exit	DIAMONDROCK HOSPITAL	$0	–	-33,571	–	-0.08%	–
TNK	Exit	TEEKAY TANKERS LTDcl a	$0	–	-418,650	–	-0.09%	–
WLH	Exit	LYON WILLIAM HOMEScl a new	$0	–	-26,898	–	-0.09%	–
KS	Exit	KAPSTONE PAPER & PAC	$0	–	-12,731	–	-0.09%	–
CNMD	Exit	CONMED CORP	$0	–	-5,503	–	-0.09%	–
EVTC	Exit	EVERTEC INC	$0	–	-18,162	–	-0.09%	–
WMB	Exit	WILLIAMS COS INC DEL	$0	–	-17,070	–	-0.10%	–
POR	Exit	PORTLAND GEN ELEC CO	$0	–	-10,200	–	-0.10%	–
CRS	Exit	CARPENTER TECHNOLOGY	$0	–	-8,036	–	-0.10%	–
HNGR	Exit	HANGER INC	$0	–	-20,700	–	-0.10%	–
ARRS	Exit	ARRIS INTL INC	$0	–	-18,916	–	-0.10%	–
SPNV	Exit	SUPERIOR ENERGY SVCS	$0	–	-51,985	–	-0.10%	–
GOV	Exit	GOVERNMENT PPTYS INC	$0	–	-45,214	–	-0.10%	–
EVRG	Exit	EVERGY INC	$0	–	-9,390	–	-0.11%	–
HPR	Exit	HIGHPOINT RES CORP	$0	–	-110,200	–	-0.11%	–
CHK	Exit	CHESAPEAKE ENERGY CO	$0	–	-124,800	–	-0.12%	–
HMLP	Exit	HOEGH LNG PARTNERS L	$0	–	-30,967	–	-0.12%	–
EZPW	Exit	EZCORP INCcl a non vtg	$0	–	-53,600	–	-0.12%	–
SSB	Exit	SOUTH ST CORP	$0	–	-7,341	–	-0.12%	–
FCEL	Exit	FUELCELL ENERGY INC	$0	–	-570,025	–	-0.13%	–
TUP	Exit	TUPPERWARE BRANDS CO	$0	–	-18,600	–	-0.13%	–
GTS	Exit	TRIPLE-S MGMT CORPcl b	$0	–	-32,828	–	-0.13%	–
ENVA	Exit	ENOVA INTL INC	$0	–	-22,857	–	-0.14%	–
KALU	Exit	KAISER ALUMINUM CORP	$0	–	-6,100	–	-0.14%	–
SNV	Exit	SYNOVUS FINL CORP	$0	–	-14,610	–	-0.14%	–
RLGY	Exit	REALOGY HLDGS CORP	$0	–	-33,560	–	-0.14%	–
WAIR	Exit	WESCO AIRCRAFT HLDGS	$0	–	-62,470	–	-0.14%	–
SAIC	Exit	SCIENCE APPLICATNS I	$0	–	-9,100	–	-0.15%	–
FMBI	Exit	FIRST MIDWEST BANCOR	$0	–	-30,292	–	-0.17%	–
GLNG	Exit	GOLAR LNG LTD BERMUD	$0	–	-29,753	–	-0.17%	–
TCF	Exit	TCF FINL CORP	$0	–	-35,599	–	-0.18%	–
THG	Exit	HANOVER INS GROUP IN	$0	–	-7,009	–	-0.18%	–
APC	Exit	ANADARKO PETE CORP	$0	–	-13,040	–	-0.18%	–
OXY	Exit	OCCIDENTAL PETE CORP	$0	–	-10,855	–	-0.18%	–
WBS	Exit	WEBSTER FINL CORP CO	$0	–	-15,337	–	-0.19%	–
NCI	Exit	NAVIGANT CONSULTING	$0	–	-40,304	–	-0.19%	–
ARGO	Exit	ARGO GROUP INTL HLDG	$0	–	-14,934	–	-0.20%	–
TECK	Exit	TECK RESOURCES LTDcl b	$0	–	-39,780	–	-0.20%	–
CAR	Exit	AVIS BUDGET GROUP	$0	–	-30,186	–	-0.20%	–
NWSA	Exit	NEWS CORP NEWcl a	$0	–	-73,225	–	-0.20%	–
CNO	Exit	CNO FINL GROUP INC	$0	–	-46,789	–	-0.20%	–
GRPU	Exit	GRANITE REAL ESTATEunit 99/99/9999	$0	–	-23,400	–	-0.21%	–
AEL	Exit	AMERICAN EQTY INVT L	$0	–	-28,585	–	-0.21%	–
ACM	Exit	AECOM	$0	–	-32,202	–	-0.22%	–
CLS	Exit	CELESTICA INC	$0	–	-103,137	–	-0.23%	–
ESND	Exit	ESSENDANT INC	$0	–	-87,059	–	-0.23%	–
SCSC	Exit	SCANSOURCE INC	$0	–	-28,945	–	-0.24%	–
NSIT	Exit	INSIGHT ENTERPRISES	$0	–	-21,576	–	-0.24%	–
SCS	Exit	STEELCASE INCcl a	$0	–	-63,296	–	-0.24%	–
ROCK	Exit	GIBRALTAR INDS INC	$0	–	-26,276	–	-0.25%	–
HOPE	Exit	HOPE BANCORP INC	$0	–	-75,746	–	-0.25%	–
IOSP	Exit	INNOSPEC INC	$0	–	-16,217	–	-0.26%	–
VRTS	Exit	VIRTUS INVT PARTNERS	$0	–	-10,985	–	-0.26%	–
AHL	Exit	ASPEN INSURANCE HOLD	$0	–	-30,746	–	-0.26%	–
KKR	Exit	KKR & CO INCcl a	$0	–	-47,793	–	-0.27%	–
KO	Exit	COCA COLA CO	$0	–	-28,500	–	-0.27%	–
NWL	Exit	NEWELL BRANDS INC	$0	–	-65,004	–	-0.27%	–
AAL	Exit	AMERICAN AIRLS GROUP	$0	–	-32,400	–	-0.28%	–
BP	Exit	BP PLCsponsored adr	$0	–	-29,281	–	-0.28%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-16,243	–	-0.28%	–
HCA	Exit	HCA HEALTHCARE INC	$0	–	-10,000	–	-0.29%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-9,205	–	-0.29%	–
NXPI	Exit	NXP SEMICONDUCTORS N	$0	–	-16,608	–	-0.29%	–
FCNCA	Exit	FIRST CTZNS BANCSHARcl a	$0	–	-3,145	–	-0.29%	–
ASB	Exit	ASSOCIATED BANC CORP	$0	–	-55,074	–	-0.30%	–
FHN	Exit	FIRST HORIZON NATL C	$0	–	-86,700	–	-0.31%	–
DOOR	Exit	MASONITE INTL CORP N	$0	–	-23,464	–	-0.31%	–
BKD	Exit	BROOKDALE SR LIVING	$0	–	-153,740	–	-0.31%	–
UVV	Exit	UNIVERSAL CORP VA	$0	–	-23,364	–	-0.31%	–
HAL	Exit	HALLIBURTON CO	$0	–	-37,565	–	-0.32%	–
PCG	Exit	PG&E CORP	$0	–	-33,410	–	-0.32%	–
USFD	Exit	US FOODS HLDG CORP	$0	–	-50,000	–	-0.32%	–
T	Exit	AT&T INC	$0	–	-46,014	–	-0.32%	–
TRS	Exit	TRIMAS CORP	$0	–	-50,882	–	-0.32%	–
PBI	Exit	PITNEY BOWES INC	$0	–	-218,965	–	-0.32%	–
EPAC	Exit	ACTUANT CORPcl a new	$0	–	-55,925	–	-0.32%	–
UBS	Exit	UBS GROUP AG	$0	–	-100,375	–	-0.33%	–
NRG	Exit	NRG ENERGY INC	$0	–	-42,341	–	-0.33%	–
AXE	Exit	ANIXTER INTL INC	$0	–	-22,692	–	-0.33%	–
ATVI	Exit	ACTIVISION BLIZZARD	$0	–	-20,000	–	-0.34%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-150,595	–	-0.34%	–
FCEA	Exit	FOREST CITY RLTY TR	$0	–	-68,000	–	-0.35%	–
NOV	Exit	NATIONAL OILWELL VAR	$0	–	-40,490	–	-0.36%	–
GS	Exit	GOLDMAN SACHS GROUP	$0	–	-7,949	–	-0.37%	–
BEN	Exit	FRANKLIN RES INC	$0	–	-59,515	–	-0.37%	–
EQH	Exit	AXA EQUITABLE HLDGS	$0	–	-84,525	–	-0.38%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-509,124	–	-0.39%	–
ETN	Exit	EATON CORP PLC	$0	–	-22,100	–	-0.40%	–
UAN	Exit	CVR PARTNERS LP	$0	–	-502,664	–	-0.40%	–
CVE	Exit	CENOVUS ENERGY INC	$0	–	-205,929	–	-0.43%	–
AMGN	Exit	AMGEN INC	$0	–	-10,030	–	-0.43%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-42,147	–	-0.46%	–
VOYA	Exit	VOYA FINL INC	$0	–	-44,636	–	-0.46%	–
FG	Exit	FGL HLDGS	$0	–	-247,557	–	-0.46%	–
MCK	Exit	MCKESSON CORP	$0	–	-17,133	–	-0.47%	–
MS	Exit	MORGAN STANLEY	$0	–	-49,734	–	-0.48%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-29,042	–	-0.49%	–
MUR	Exit	MURPHY OIL CORP	$0	–	-71,193	–	-0.49%	–
AIG	Exit	AMERICAN INTL GROUP	$0	–	-45,499	–	-0.50%	–
DISH	Exit	DISH NETWORK CORPcl a	$0	–	-67,908	–	-0.50%	–
HPE	Exit	HEWLETT PACKARD ENTE	$0	–	-150,554	–	-0.51%	–
FOX	Exit	TWENTY FIRST CENTY Fcl b	$0	–	-53,705	–	-0.51%	–
KBR	Exit	KBR INC	$0	–	-120,525	–	-0.53%	–
DOV	Exit	DOVER CORP	$0	–	-28,836	–	-0.53%	–
TEX	Exit	TEREX CORP NEW	$0	–	-64,142	–	-0.53%	–
CTSH	Exit	COGNIZANT TECHNOLOGYcl a	$0	–	-33,367	–	-0.53%	–
ATH	Exit	ATHENE HLDG LTDcl a	$0	–	-50,000	–	-0.53%	–
FLEX	Exit	FLEX LTDord	$0	–	-200,000	–	-0.54%	–
RDSA	Exit	ROYAL DUTCH SHELL PLspons adr a	$0	–	-39,443	–	-0.56%	–
MET	Exit	METLIFE INC	$0	–	-57,490	–	-0.56%	–
MD	Exit	MEDNAX INC	$0	–	-57,979	–	-0.56%	–
XRX	Exit	XEROX CORP	$0	–	-100,952	–	-0.56%	–
IP	Exit	INTL PAPER CO	$0	–	-55,795	–	-0.57%	–
CMTL	Exit	COMTECH TELECOMMUNIC	$0	–	-77,219	–	-0.58%	–
MYL	Exit	MYLAN N V	$0	–	-77,142	–	-0.58%	–
EIX	Exit	EDISON INTL	$0	–	-41,892	–	-0.59%	–
F	Exit	FORD MTR CO DEL	$0	–	-316,162	–	-0.60%	–
JELD	Exit	JELD-WEN HLDG INC	$0	–	-119,474	–	-0.61%	–
OMC	Exit	OMNICOM GROUP INC	$0	–	-43,760	–	-0.62%	–
COF	Exit	CAPITAL ONE FINL COR	$0	–	-31,827	–	-0.62%	–
TXT	Exit	TEXTRON INC	$0	–	-43,500	–	-0.64%	–
VZ	Exit	VERIZON COMMUNICATIO	$0	–	-58,715	–	-0.65%	–
AER	Exit	AERCAP HOLDINGS NV	$0	–	-55,000	–	-0.65%	–
LKQ	Exit	LKQ CORP	$0	–	-100,000	–	-0.65%	–
R	Exit	RYDER SYS INC	$0	–	-43,424	–	-0.66%	–
LEN	Exit	LENNAR CORPcl a	$0	–	-68,000	–	-0.66%	–
AXS	Exit	AXIS CAPITAL HOLDING	$0	–	-56,140	–	-0.67%	–
AVT	Exit	AVNET INC	$0	–	-72,961	–	-0.68%	–
WLTW	Exit	WILLIS TOWERS WATSON	$0	–	-25,000	–	-0.73%	–
ADNT	Exit	ADIENT PLC	$0	–	-90,000	–	-0.73%	–
HES	Exit	HESS CORP	$0	–	-50,250	–	-0.74%	–
VNO	Exit	VORNADO RLTY TRsh ben int	$0	–	-50,515	–	-0.76%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-40,000	–	-0.76%	–
WPX	Exit	WPX ENERGY INC	$0	–	-186,500	–	-0.78%	–
GLW	Exit	CORNING INC	$0	–	-107,935	–	-0.79%	–
CSX	Exit	CSX CORP	$0	–	-55,000	–	-0.84%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-3,435	–	-0.86%	–
CI	Exit	CIGNA CORPORATION	$0	–	-20,000	–	-0.86%	–
TRV	Exit	TRAVELERS COMPANIES	$0	–	-33,000	–	-0.88%	–
DHI	Exit	D R HORTON INC	$0	–	-104,200	–	-0.91%	–
MPC	Exit	MARATHON PETE CORP	$0	–	-55,000	–	-0.91%	–
PXD	Exit	PIONEER NAT RES CO	$0	–	-26,800	–	-0.96%	–
EOG	Exit	EOG RES INC	$0	–	-38,000	–	-1.00%	–
NEAR	Exit	ISHARES US ETF TRsht mat bd etf	$0	–	-100,000	–	-1.04%	–
WDC	Exit	WESTERN DIGITAL CORP	$0	–	-95,000	–	-1.15%	–
KMI	Exit	KINDER MORGAN INC DE	$0	–	-315,000	–	-1.15%	–
BAC	Exit	BANK AMER CORP	$0	–	-192,682	–	-1.17%	–
DAL	Exit	DELTA AIR LINES INC	$0	–	-98,440	–	-1.18%	–
FDX	Exit	FEDEX CORP	$0	–	-25,100	–	-1.25%	–
URI	Exit	UNITED RENTALS INC	$0	–	-37,000	–	-1.25%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-5,300	–	-1.31%	–
LYB	Exit	LYONDELLBASELL INDUS	$0	–	-64,200	–	-1.36%	–
CVA	Exit	COVANTA HLDG CORP	$0	–	-419,739	–	-1.41%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-112,439	–	-1.49%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-227,600	–	-1.66%	–
PFE	Exit	PFIZER INC	$0	–	-186,491	–	-1.70%	–
LNC	Exit	LINCOLN NATL CORP IN	$0	–	-122,600	–	-1.71%	–
CSCO	Exit	CISCO SYS INC	$0	–	-171,600	–	-1.72%	–
ORCL	Exit	ORACLE CORP	$0	–	-184,075	–	-1.96%	–
AET	Exit	AETNA INC NEW	$0	–	-48,300	–	-2.02%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-96,264	–	-2.24%	–
MC	Exit	MOELIS & COcl a	$0	–	-218,337	–	-2.47%	–
UBSH	Exit	UNION BANKSHARES COR	$0	–	-313,649	–	-2.50%	–
GM	Exit	GENERAL MTRS CO	$0	–	-365,255	–	-2.54%	–
C	Exit	CITIGROUP INC	$0	–	-200,641	–	-2.97%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-125,900	–	-2.97%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-214,000	–	-4.98%	–

Q3 2018

			Value		Shares		↓ Weighting
GM	Buy	GENERAL MTRS CO	$12,298,000	+45.7%	365,255	+70.5%	2.54%	+36.9%
UBSH	New	UNION BANKSHARES COR	$12,085,000	–	313,649	–	2.50%	–
AET	Sell	AETNA INC NEW	$9,798,000	-27.2%	48,300	-34.1%	2.02%	-31.5%
CMCSA	Sell	COMCAST CORP NEWcl a	$8,059,000	+5.6%	227,600	-2.1%	1.66%	-0.7%
DWDP	Buy	DOWDUPONT INC	$7,231,000	+19.8%	112,439	+22.8%	1.49%	+12.7%
CVA	Sell	COVANTA HLDG CORP	$6,821,000	-30.1%	419,739	-29.0%	1.41%	-34.3%
LYB	Buy	LYONDELLBASELL INDUS	$6,581,000	+35.6%	64,200	+45.2%	1.36%	+27.4%
BAC	Buy	BANK AMER CORP	$5,676,000	+117.1%	192,682	+107.9%	1.17%	+104.2%
KMI	Buy	KINDER MORGAN INC DE	$5,585,000	+2.0%	315,000	+1.6%	1.15%	-4.2%
WDC	Buy	WESTERN DIGITAL CORP	$5,561,000	+2.6%	95,000	+35.7%	1.15%	-3.5%
MPC	Sell	MARATHON PETE CORP	$4,398,000	-18.6%	55,000	-28.6%	0.91%	-23.5%
HES	Sell	HESS CORP	$3,597,000	-3.7%	50,250	-10.0%	0.74%	-9.5%
ADNT	Sell	ADIENT PLC	$3,538,000	-28.1%	90,000	-10.0%	0.73%	-32.4%
WLTW	Buy	WILLIS TOWERS WATSON	$3,524,000	+96.8%	25,000	+111.6%	0.73%	+84.8%
AVT	Sell	AVNET INC	$3,266,000	-13.2%	72,961	-16.8%	0.68%	-18.4%
AXS	Buy	AXIS CAPITAL HOLDING	$3,240,000	+9.1%	56,140	+5.1%	0.67%	+2.5%
R	Buy	RYDER SYS INC	$3,173,000	+22.7%	43,424	+20.7%	0.66%	+15.3%
AER	Sell	AERCAP HOLDINGS NV	$3,164,000	-42.7%	55,000	-46.1%	0.65%	-46.1%
JELD	Buy	JELD-WEN HLDG INC	$2,946,000	-11.9%	119,474	+2.1%	0.61%	-17.1%
CMTL	Sell	COMTECH TELECOMMUNIC	$2,801,000	+10.9%	77,219	-2.5%	0.58%	+4.3%
IP	Buy	INTL PAPER CO	$2,742,000	+90.7%	55,795	+102.1%	0.57%	+79.1%
MD	Buy	MEDNAX INC	$2,705,000	+78.1%	57,979	+65.2%	0.56%	+67.4%
FLEX	New	FLEX LTDord	$2,624,000	–	200,000	–	0.54%	–
KBR	Buy	KBR INC	$2,547,000	+19.3%	120,525	+1.2%	0.53%	+12.2%
FOX	New	TWENTY FIRST CENTY Fcl b	$2,461,000	–	53,705	–	0.51%	–
MUR	Sell	MURPHY OIL CORP	$2,374,000	-11.8%	71,193	-10.7%	0.49%	-17.2%
DLTR	Sell	DOLLAR TREE INC	$2,368,000	-4.7%	29,042	-0.7%	0.49%	-10.4%
ETN	Sell	EATON CORP PLC	$1,917,000	-45.6%	22,100	-53.1%	0.40%	-48.8%
NG	Buy	NOVAGOLD RES INC	$1,889,000	+11.7%	509,124	+34.0%	0.39%	+4.8%
EQH	Buy	AXA EQUITABLE HLDGS	$1,813,000	+36.6%	84,525	+31.3%	0.38%	+28.4%
NOV	Buy	NATIONAL OILWELL VAR	$1,744,000	+94.4%	40,490	+96.0%	0.36%	+82.7%
ATVI	New	ACTIVISION BLIZZARD	$1,664,000	–	20,000	–	0.34%	–
AXE	Sell	ANIXTER INTL INC	$1,595,000	+10.4%	22,692	-0.6%	0.33%	+3.5%
TRS	Sell	TRIMAS CORP	$1,547,000	-6.8%	50,882	-9.9%	0.32%	-12.3%
USFD	New	US FOODS HLDG CORP	$1,541,000	–	50,000	–	0.32%	–
PCG	New	PG&E CORP	$1,537,000	–	33,410	–	0.32%	–
UVV	Buy	UNIVERSAL CORP VA	$1,519,000	+14.2%	23,364	+16.0%	0.31%	+7.5%
FHN	Buy	FIRST HORIZON NATL C	$1,496,000	+4.3%	86,700	+7.8%	0.31%	-1.9%
FCNCA	Buy	FIRST CTZNS BANCSHARcl a	$1,422,000	+15.8%	3,145	+3.3%	0.29%	+8.9%
HCA	Sell	HCA HEALTHCARE INC	$1,391,000	-45.8%	10,000	-60.0%	0.29%	-49.1%
KKR	New	KKR & CO INCcl a	$1,303,000	–	47,793	–	0.27%	–
AHL	Buy	ASPEN INSURANCE HOLD	$1,285,000	+15.8%	30,746	+12.8%	0.26%	+8.6%
VRTS	Sell	VIRTUS INVT PARTNERS	$1,250,000	-16.4%	10,985	-6.0%	0.26%	-21.6%
IOSP	Sell	INNOSPEC INC	$1,245,000	-19.6%	16,217	-19.8%	0.26%	-24.4%
ROCK	Sell	GIBRALTAR INDS INC	$1,198,000	-15.5%	26,276	-30.5%	0.25%	-20.6%
SCS	Sell	STEELCASE INCcl a	$1,171,000	+5.0%	63,296	-23.4%	0.24%	-1.2%
ESND	Sell	ESSENDANT INC	$1,116,000	-35.4%	87,059	-33.4%	0.23%	-39.2%
CLS	Buy	CELESTICA INC	$1,117,000	+41.9%	103,137	+55.6%	0.23%	+33.5%
AEL	Sell	AMERICAN EQTY INVT L	$1,011,000	-17.1%	28,585	-15.6%	0.21%	-22.0%
CAR	Buy	AVIS BUDGET GROUP	$970,000	+17.4%	30,186	+18.8%	0.20%	+9.9%
ARGO	Buy	ARGO GROUP INTL HLDG	$942,000	+8.7%	14,934	+0.2%	0.20%	+2.1%
SAIC	Sell	SCIENCE APPLICATNS I	$733,000	-8.5%	9,100	-8.1%	0.15%	-14.2%
ENVA	Sell	ENOVA INTL INC	$658,000	-24.5%	22,857	-4.2%	0.14%	-29.2%
TUP	Buy	TUPPERWARE BRANDS CO	$622,000	-17.2%	18,600	+2.2%	0.13%	-22.4%
EZPW	Buy	EZCORP INCcl a non vtg	$574,000	+8.1%	53,600	+21.5%	0.12%	+1.7%
CHK	Buy	CHESAPEAKE ENERGY CO	$560,000	+128.6%	124,800	+167.2%	0.12%	+114.8%
HPR	New	HIGHPOINT RES CORP	$538,000	–	110,200	–	0.11%	–
SPNV	Buy	SUPERIOR ENERGY SVCS	$506,000	+7.4%	51,985	+7.4%	0.10%	+1.0%
ARRS	Buy	ARRIS INTL INC	$492,000	+28.8%	18,916	+21.1%	0.10%	+21.4%
HNGR	New	HANGER INC	$492,000	–	20,700	–	0.10%	–
EVTC	Sell	EVERTEC INC	$438,000	-26.8%	18,162	-33.7%	0.09%	-31.3%
THC	Buy	TENET HEALTHCARE COR	$388,000	+19.0%	13,625	+40.1%	0.08%	+11.1%
ESV	Sell	ENSCO PLC	$311,000	+6.1%	36,800	-8.9%	0.06%	0.0%
MLR	Buy	MILLER INDS INC TENN	$294,000	+7.3%	10,927	+1.9%	0.06%	+1.7%
REVG	New	REV GROUP INC	$270,000	–	17,192	–	0.06%	–
TTI	Sell	TETRA TECHNOLOGIES I	$249,000	-9.5%	55,300	-10.5%	0.05%	-15.0%
WSFS	Exit	WSFS FINL CORP	$0	–	-4,169	–	-0.05%	–
HSC	Exit	HARSCO CORP	$0	–	-11,700	–	-0.06%	–
MFGP	Exit	MICRO FOCUS INTERNATspon adr new	$0	–	-20,248	–	-0.08%	–
FL	Exit	FOOT LOCKER INC	$0	–	-9,637	–	-0.11%	–
GTLS	Exit	CHART INDS INC	$0	–	-8,494	–	-0.12%	–
CUB	Exit	CUBIC CORP	$0	–	-8,492	–	-0.12%	–
STT	Exit	STATE STR CORP	$0	–	-9,012	–	-0.18%	–
DBD	Exit	DIEBOLD NXDF INC	$0	–	-86,931	–	-0.23%	–
TOL	Exit	TOLL BROTHERS INC	$0	–	-37,000	–	-0.30%	–
AIZ	Exit	ASSURANT INC	$0	–	-14,350	–	-0.33%	–

Q2 2018

			Value		Shares		↓ Weighting
GLD	New	SPDR GOLD TRUST	$25,391,000	–	214,000	–	5.58%	–
AET	New	AETNA INC NEW	$13,451,000	–	73,300	–	2.96%	–
C	New	CITIGROUP INC	$13,427,000	–	200,641	–	2.95%	–
MC	New	MOELIS & COcl a	$12,805,000	–	218,337	–	2.81%	–
MSFT	New	MICROSOFT CORP	$12,415,000	–	125,900	–	2.73%	–
JPM	New	JPMORGAN CHASE & CO	$10,031,000	–	96,264	–	2.20%	–
CVA	New	COVANTA HLDG CORP	$9,758,000	–	591,381	–	2.14%	–
GM	New	GENERAL MTRS CO	$8,442,000	–	214,273	–	1.86%	–
ORCL	New	ORACLE CORP	$8,110,000	–	184,075	–	1.78%	–
CMCSA	New	COMCAST CORP NEWcl a	$7,630,000	–	232,538	–	1.68%	–
LNC	New	LINCOLN NATL CORP IN	$7,632,000	–	122,600	–	1.68%	–
CSCO	New	CISCO SYS INC	$7,384,000	–	171,600	–	1.62%	–
PFE	New	PFIZER INC	$6,766,000	–	186,491	–	1.49%	–
DWDP	New	DOWDUPONT INC	$6,035,000	–	91,555	–	1.33%	–
GOOG	New	ALPHABET INCcap stk cl c	$5,913,000	–	5,300	–	1.30%	–
FDX	New	FEDEX CORP	$5,699,000	–	25,100	–	1.25%	–
AER	New	AERCAP HOLDINGS NV	$5,523,000	–	102,000	–	1.21%	–
KMI	New	KINDER MORGAN INC DE	$5,478,000	–	310,000	–	1.20%	–
URI	New	UNITED RENTALS INC	$5,462,000	–	37,000	–	1.20%	–
WDC	New	WESTERN DIGITAL CORP	$5,419,000	–	70,000	–	1.19%	–
MPC	New	MARATHON PETE CORP	$5,402,000	–	77,000	–	1.19%	–
PXD	New	PIONEER NAT RES CO	$5,072,000	–	26,800	–	1.12%	–
NEAR	New	ISHARES US ETF TRsht mat bd etf	$5,017,000	–	100,000	–	1.10%	–
ADNT	New	ADIENT PLC	$4,919,000	–	100,000	–	1.08%	–
DAL	New	DELTA AIR LINES INC	$4,877,000	–	98,440	–	1.07%	–
LYB	New	LYONDELLBASELL INDUS	$4,855,000	–	44,200	–	1.07%	–
EOG	New	EOG RES INC	$4,728,000	–	38,000	–	1.04%	–
DHI	New	D R HORTON INC	$4,272,000	–	104,200	–	0.94%	–
TRV	New	TRAVELERS COMPANIES	$4,037,000	–	33,000	–	0.89%	–
GOOGL	New	ALPHABET INCcap stk cl a	$3,879,000	–	3,435	–	0.85%	–
ADI	New	ANALOG DEVICES INC	$3,837,000	–	40,000	–	0.84%	–
AVT	New	AVNET INC	$3,762,000	–	87,706	–	0.83%	–
VNO	New	VORNADO RLTY TRsh ben int	$3,734,000	–	50,515	–	0.82%	–
HES	New	HESS CORP	$3,735,000	–	55,835	–	0.82%	–
LEN	New	LENNAR CORPcl a	$3,570,000	–	68,000	–	0.78%	–
ETN	New	EATON CORP PLC	$3,521,000	–	47,114	–	0.77%	–
CSX	New	CSX CORP	$3,508,000	–	55,000	–	0.77%	–
F	New	FORD MTR CO DEL	$3,500,000	–	316,162	–	0.77%	–
CI	New	CIGNA CORPORATION	$3,399,000	–	20,000	–	0.75%	–
WPX	New	WPX ENERGY INC	$3,363,000	–	186,500	–	0.74%	–
JELD	New	JELD-WEN HLDG INC	$3,345,000	–	117,004	–	0.74%	–
OMC	New	OMNICOM GROUP INC	$3,338,000	–	43,760	–	0.73%	–
LKQ	New	LKQ CORP	$3,190,000	–	100,000	–	0.70%	–
AXS	New	AXIS CAPITAL HOLDING	$2,971,000	–	53,421	–	0.65%	–
GLW	New	CORNING INC	$2,969,000	–	107,935	–	0.65%	–
VZ	New	VERIZON COMMUNICATIO	$2,954,000	–	58,715	–	0.65%	–
COF	New	CAPITAL ONE FINL COR	$2,925,000	–	31,827	–	0.64%	–
TXT	New	TEXTRON INC	$2,867,000	–	43,500	–	0.63%	–
MYL	New	MYLAN N V	$2,788,000	–	77,142	–	0.61%	–
RDSA	New	ROYAL DUTCH SHELL PLspons adr a	$2,731,000	–	39,443	–	0.60%	–
TEX	New	TEREX CORP NEW	$2,706,000	–	64,142	–	0.60%	–
MUR	New	MURPHY OIL CORP	$2,693,000	–	79,747	–	0.59%	–
EIX	New	EDISON INTL	$2,651,000	–	41,892	–	0.58%	–
CTSH	New	COGNIZANT TECHNOLOGYcl a	$2,636,000	–	33,367	–	0.58%	–
BAC	New	BANK AMER CORP	$2,614,000	–	92,682	–	0.57%	–
R	New	RYDER SYS INC	$2,586,000	–	35,983	–	0.57%	–
HCA	New	HCA HEALTHCARE INC	$2,565,000	–	25,000	–	0.56%	–
CMTL	New	COMTECH TELECOMMUNIC	$2,526,000	–	79,219	–	0.56%	–
MET	New	METLIFE INC	$2,507,000	–	57,490	–	0.55%	–
DLTR	New	DOLLAR TREE INC	$2,485,000	–	29,240	–	0.55%	–
XRX	New	XEROX CORP	$2,423,000	–	100,952	–	0.53%	–
AIG	New	AMERICAN INTL GROUP	$2,412,000	–	45,499	–	0.53%	–
MS	New	MORGAN STANLEY	$2,357,000	–	49,734	–	0.52%	–
WFC	New	WELLS FARGO CO NEW	$2,337,000	–	42,147	–	0.51%	–
MCK	New	MCKESSON CORP	$2,286,000	–	17,133	–	0.50%	–
DISH	New	DISH NETWORK CORPcl a	$2,282,000	–	67,908	–	0.50%	–
HPE	New	HEWLETT PACKARD ENTE	$2,200,000	–	150,554	–	0.48%	–
ATH	New	ATHENE HLDG LTDcl a	$2,192,000	–	50,000	–	0.48%	–
CVE	New	CENOVUS ENERGY INC	$2,140,000	–	205,929	–	0.47%	–
KBR	New	KBR INC	$2,135,000	–	119,142	–	0.47%	–
DOV	New	DOVER CORP	$2,111,000	–	28,836	–	0.46%	–
VOYA	New	VOYA FINL INC	$2,098,000	–	44,636	–	0.46%	–
FG	New	FGL HLDGS	$2,077,000	–	247,557	–	0.46%	–
GOLD	New	BARRICK GOLD CORP	$1,977,000	–	150,595	–	0.43%	–
BEN	New	FRANKLIN RES INC	$1,907,000	–	59,515	–	0.42%	–
PBI	New	PITNEY BOWES INC	$1,877,000	–	218,965	–	0.41%	–
AMGN	New	AMGEN INC	$1,851,000	–	10,030	–	0.41%	–
NXPI	New	NXP SEMICONDUCTORS N	$1,815,000	–	16,608	–	0.40%	–
WLTW	New	WILLIS TOWERS WATSON	$1,791,000	–	11,815	–	0.39%	–
GS	New	GOLDMAN SACHS GROUP	$1,753,000	–	7,949	–	0.38%	–
ESND	New	ESSENDANT INC	$1,728,000	–	130,739	–	0.38%	–
HAL	New	HALLIBURTON CO	$1,693,000	–	37,565	–	0.37%	–
NG	New	NOVAGOLD RES INC	$1,691,000	–	380,003	–	0.37%	–
DOOR	New	MASONITE INTL CORP N	$1,686,000	–	23,464	–	0.37%	–
NWL	New	NEWELL BRANDS INC	$1,676,000	–	65,004	–	0.37%	–
UAN	New	CVR PARTNERS LP	$1,659,000	–	502,664	–	0.36%	–
TRS	New	TRIMAS CORP	$1,660,000	–	56,457	–	0.36%	–
EPAC	New	ACTUANT CORPcl a new	$1,641,000	–	55,925	–	0.36%	–
FCEA	New	FOREST CITY RLTY TR	$1,551,000	–	68,000	–	0.34%	–
UBS	New	UBS GROUP AG	$1,553,000	–	100,375	–	0.34%	–
IOSP	New	INNOSPEC INC	$1,548,000	–	20,217	–	0.34%	–
MD	New	MEDNAX INC	$1,519,000	–	35,106	–	0.33%	–
ASB	New	ASSOCIATED BANC CORP	$1,504,000	–	55,074	–	0.33%	–
VRTS	New	VIRTUS INVT PARTNERS	$1,495,000	–	11,685	–	0.33%	–
AIZ	New	ASSURANT INC	$1,485,000	–	14,350	–	0.33%	–
T	New	AT&T INC	$1,478,000	–	46,014	–	0.32%	–
AXE	New	ANIXTER INTL INC	$1,445,000	–	22,835	–	0.32%	–
IP	New	INTL PAPER CO	$1,438,000	–	27,605	–	0.32%	–
FHN	New	FIRST HORIZON NATL C	$1,434,000	–	80,400	–	0.32%	–
ROCK	New	GIBRALTAR INDS INC	$1,417,000	–	37,793	–	0.31%	–
BKD	New	BROOKDALE SR LIVING	$1,397,000	–	153,740	–	0.31%	–
TOL	New	TOLL BROTHERS INC	$1,369,000	–	37,000	–	0.30%	–
HOPE	New	HOPE BANCORP INC	$1,351,000	–	75,746	–	0.30%	–
XOM	New	EXXON MOBIL CORP	$1,344,000	–	16,243	–	0.30%	–
BP	New	BP PLCsponsored adr	$1,337,000	–	29,281	–	0.29%	–
EQH	New	AXA EQUITABLE HLDGS	$1,327,000	–	64,396	–	0.29%	–
UVV	New	UNIVERSAL CORP VA	$1,330,000	–	20,134	–	0.29%	–
NRG	New	NRG ENERGY INC	$1,300,000	–	42,341	–	0.29%	–
GTS	New	TRIPLE-S MGMT CORPcl b	$1,282,000	–	32,828	–	0.28%	–
KO	New	COCA COLA CO	$1,250,000	–	28,500	–	0.28%	–
CAT	New	CATERPILLAR INC DEL	$1,249,000	–	9,205	–	0.27%	–
AAL	New	AMERICAN AIRLS GROUP	$1,230,000	–	32,400	–	0.27%	–
FCNCA	New	FIRST CTZNS BANCSHARcl a	$1,228,000	–	3,045	–	0.27%	–
AEL	New	AMERICAN EQTY INVT L	$1,219,000	–	33,866	–	0.27%	–
SCSC	New	SCANSOURCE INC	$1,166,000	–	28,945	–	0.26%	–
NWSA	New	NEWS CORP NEWcl a	$1,135,000	–	73,225	–	0.25%	–
SCS	New	STEELCASE INCcl a	$1,115,000	–	82,586	–	0.24%	–
AHL	New	ASPEN INSURANCE HOLD	$1,110,000	–	27,264	–	0.24%	–
ACM	New	AECOM	$1,064,000	–	32,202	–	0.23%	–
NSIT	New	INSIGHT ENTERPRISES	$1,056,000	–	21,576	–	0.23%	–
DBD	New	DIEBOLD NXDF INC	$1,039,000	–	86,931	–	0.23%	–
TECK	New	TECK RESOURCES LTDcl b	$1,012,000	–	39,780	–	0.22%	–
WBS	New	WEBSTER FINL CORP CO	$977,000	–	15,337	–	0.22%	–
APC	New	ANADARKO PETE CORP	$955,000	–	13,040	–	0.21%	–
GRPU	New	GRANITE REAL ESTATEunit 99/99/9999	$954,000	–	23,400	–	0.21%	–
OXY	New	OCCIDENTAL PETE CORP	$908,000	–	10,855	–	0.20%	–
NOV	New	NATIONAL OILWELL VAR	$897,000	–	20,663	–	0.20%	–
CNO	New	CNO FINL GROUP INC	$891,000	–	46,789	–	0.20%	–
NCI	New	NAVIGANT CONSULTING	$892,000	–	40,304	–	0.20%	–
TCF	New	TCF FINL CORP	$876,000	–	35,599	–	0.19%	–
GLNG	New	GOLAR LNG LTD BERMUD	$877,000	–	29,753	–	0.19%	–
ENVA	New	ENOVA INTL INC	$872,000	–	23,857	–	0.19%	–
ARGO	New	ARGO GROUP INTL HLDG	$867,000	–	14,908	–	0.19%	–
STT	New	STATE STR CORP	$839,000	–	9,012	–	0.18%	–
THG	New	HANOVER INS GROUP IN	$838,000	–	7,009	–	0.18%	–
CAR	New	AVIS BUDGET GROUP	$826,000	–	25,406	–	0.18%	–
SAIC	New	SCIENCE APPLICATNS I	$801,000	–	9,900	–	0.18%	–
CLS	New	CELESTICA INC	$787,000	–	66,288	–	0.17%	–
FMBI	New	FIRST MIDWEST BANCOR	$772,000	–	30,292	–	0.17%	–
SNV	New	SYNOVUS FINL CORP	$772,000	–	14,610	–	0.17%	–
RLGY	New	REALOGY HLDGS CORP	$765,000	–	33,560	–	0.17%	–
FCEL	New	FUELCELL ENERGY INC	$752,000	–	570,025	–	0.16%	–
TUP	New	TUPPERWARE BRANDS CO	$751,000	–	18,200	–	0.16%	–
GOV	New	GOVERNMENT PPTYS INC	$717,000	–	45,214	–	0.16%	–
WAIR	New	WESCO AIRCRAFT HLDGS	$703,000	–	62,470	–	0.15%	–
KALU	New	KAISER ALUMINUM CORP	$635,000	–	6,100	–	0.14%	–
SSB	New	SOUTH ST CORP	$633,000	–	7,341	–	0.14%	–
WLH	New	LYON WILLIAM HOMEScl a new	$624,000	–	26,898	–	0.14%	–
EVTC	New	EVERTEC INC	$598,000	–	27,375	–	0.13%	–
HMLP	New	HOEGH LNG PARTNERS L	$556,000	–	30,967	–	0.12%	–
CUB	New	CUBIC CORP	$545,000	–	8,492	–	0.12%	–
EZPW	New	EZCORP INCcl a non vtg	$531,000	–	44,100	–	0.12%	–
EVRG	New	EVERGY INC	$527,000	–	9,390	–	0.12%	–
GTLS	New	CHART INDS INC	$524,000	–	8,494	–	0.12%	–
FL	New	FOOT LOCKER INC	$507,000	–	9,637	–	0.11%	–
TNK	New	TEEKAY TANKERS LTDcl a	$490,000	–	418,650	–	0.11%	–
SPNV	New	SUPERIOR ENERGY SVCS	$471,000	–	48,385	–	0.10%	–
WMB	New	WILLIAMS COS INC DEL	$463,000	–	17,070	–	0.10%	–
POR	New	PORTLAND GEN ELEC CO	$436,000	–	10,200	–	0.10%	–
KS	New	KAPSTONE PAPER & PAC	$439,000	–	12,731	–	0.10%	–
CRS	New	CARPENTER TECHNOLOGY	$422,000	–	8,036	–	0.09%	–
DRH	New	DIAMONDROCK HOSPITAL	$412,000	–	33,571	–	0.09%	–
BSIG	New	BRIGHTSPHERE INVESTM	$410,000	–	28,733	–	0.09%	–
CNMD	New	CONMED CORP	$403,000	–	5,503	–	0.09%	–
ACBI	New	ATLANTIC CAP BANCSHA	$381,000	–	19,374	–	0.08%	–
ARRS	New	ARRIS INTL INC	$382,000	–	15,616	–	0.08%	–
MFGP	New	MICRO FOCUS INTERNATspon adr new	$350,000	–	20,248	–	0.08%	–
THC	New	TENET HEALTHCARE COR	$326,000	–	9,725	–	0.07%	–
ESV	New	ENSCO PLC	$293,000	–	40,400	–	0.06%	–
FBNC	New	FIRST BANCORP N C	$280,000	–	6,839	–	0.06%	–
NNI	New	NELNET INCcl a	$280,000	–	4,800	–	0.06%	–
MLR	New	MILLER INDS INC TENN	$274,000	–	10,727	–	0.06%	–
TTI	New	TETRA TECHNOLOGIES I	$275,000	–	61,800	–	0.06%	–
HSC	New	HARSCO CORP	$259,000	–	11,700	–	0.06%	–
MIC	New	MACQUARIE INFRASTRUC	$251,000	–	5,955	–	0.06%	–
CHK	New	CHESAPEAKE ENERGY CO	$245,000	–	46,700	–	0.05%	–
WSFS	New	WSFS FINL CORP	$222,000	–	4,169	–	0.05%	–
CTT	New	CATCHMARK TIMBER TRcl a	$178,000	–	13,960	–	0.04%	–
ARC	New	ARC DOCUMENT SOLUTIO	$85,000	–	47,823	–	0.02%	–

Q4 2017

			Value		Shares		↓ Weighting
ELECW	Exit	ELECTRUM SPL ACQUISITION COR*w exp 99/99/999	$0	–	-78,949	–	0.00%	–
CTT	Exit	CATCHMARK TIMBER TR INC CL Acl a	$0	–	-13,960	–	-0.04%	–
WSFS	Exit	WSFS FINL CORP COM	$0	–	-4,169	–	-0.05%	–
BHF	Exit	BRIGHTHOUSE FINL INC COM	$0	–	-3,729	–	-0.06%	–
FBNC	Exit	FIRST BANCORP N C COM	$0	–	-6,839	–	-0.06%	–
KS	Exit	KAPSTONE PAPER & PACKAGING C COM	$0	–	-11,231	–	-0.06%	–
GNW	Exit	GENWORTH FINL INC COM CL Acl a	$0	–	-62,650	–	-0.06%	–
NNI	Exit	NELNET INC CL Acl a	$0	–	-4,800	–	-0.06%	–
CNMD	Exit	CONMED CORP COM	$0	–	-5,503	–	-0.07%	–
MLR	Exit	MILLER INDS INC TENN COM NEW	$0	–	-10,727	–	-0.08%	–
ARC	Exit	ARC DOCUMENT SOLUTIONS INC COM	$0	–	-81,991	–	-0.08%	–
ACBI	Exit	ATLANTIC CAP BANCSHARES INC COM	$0	–	-19,174	–	-0.09%	–
DRH	Exit	DIAMONDROCK HOSPITALITY CO COM	$0	–	-33,571	–	-0.09%	–
WAIR	Exit	WESCO AIRCRAFT HLDGS INC COM	$0	–	-42,270	–	-0.10%	–
SRI	Exit	STONERIDGE INC COM	$0	–	-21,307	–	-0.11%	–
NWS	Exit	NEWS CORP NEW CL Bcl b	$0	–	-30,775	–	-0.11%	–
	Exit	OM ASSET MGMT PLC SHS	$0	–	-28,733	–	-0.11%	–
CRS	Exit	CARPENTER TECHNOLOGY CORP COM	$0	–	-8,936	–	-0.11%	–
ARRS	Exit	ARRIS INTL INC SHS	$0	–	-15,616	–	-0.11%	–
NG	Exit	NOVAGOLD RES INC COM NEW	$0	–	-109,110	–	-0.11%	–
POR	Exit	PORTLAND GEN ELEC CO COM NEW	$0	–	-10,200	–	-0.12%	–
ENVA	Exit	ENOVA INTL INC COM	$0	–	-34,457	–	-0.12%	–
HMLP	Exit	HOEGH LNG PARTNERS LP COM UNIT LTD	$0	–	-25,649	–	-0.12%	–
GXP	Exit	GREAT PLAINS ENERGY INC COM	$0	–	-15,700	–	-0.12%	–
WMB	Exit	WILLIAMS COS INC DEL COM	$0	–	-17,070	–	-0.13%	–
ICON	Exit	ICONIX BRAND GROUP INC COM	$0	–	-94,087	–	-0.14%	–
TNK	Exit	TEEKAY TANKERS LTD CL Acla	$0	–	-332,350	–	-0.14%	–
WLH	Exit	LYON WILLIAM HOMES CL A NEWcl a new	$0	–	-25,998	–	-0.15%	–
TCF	Exit	TCF FINL CORP COM	$0	–	-35,599	–	-0.15%	–
EZPW	Exit	EZCORP INC CL A NON VTGcl a	$0	–	-66,600	–	-0.16%	–
MFGP	Exit	MICRO FOCUS INTERNATIONAL PL SPON ADR NEWsponsored adr	$0	–	-20,248	–	-0.16%	–
SAIC	Exit	SCIENCE APPLICATNS INTL CP N COM	$0	–	-9,900	–	-0.17%	–
KALU	Exit	KAISER ALUMINUM CORP COM PAR $0.01	$0	–	-6,600	–	-0.17%	–
PSTB	Exit	PARK STERLING CORP COM	$0	–	-59,266	–	-0.19%	–
UVV	Exit	UNIVERSAL CORP VA COM	$0	–	-13,463	–	-0.19%	–
FCEL	Exit	FUELCELL ENERGY INC COM NEW	$0	–	-439,851	–	-0.19%	–
GOV	Exit	GOVERNMENT PPTYS INCOME TR COM SHS BEN INT	$0	–	-40,914	–	-0.19%	–
FMBI	Exit	FIRST MIDWEST BANCORP DEL COM	$0	–	-33,701	–	-0.20%	–
THG	Exit	HANOVER INS GROUP INC COM	$0	–	-8,158	–	-0.20%	–
ELEC	Exit	ELECTRUM SPL ACQUISITION COR SHS	$0	–	-78,949	–	-0.20%	–
PGEM	Exit	PLY GEM HLDGS INC COM	$0	–	-47,885	–	-0.21%	–
BGC	Exit	GENERAL CABLE CORP DEL NEW COM	$0	–	-43,886	–	-0.21%	–
HSC	Exit	HARSCO CORP COM	$0	–	-41,700	–	-0.22%	–
APO	Exit	APOLLO GLOBAL MGMT LLC CL A SHS	$0	–	-29,700	–	-0.22%	–
GLW	Exit	CORNING INC COM	$0	–	-29,780	–	-0.22%	–
TUP	Exit	TUPPERWARE BRANDS CORP COM	$0	–	-14,700	–	-0.23%	–
GOOGL	Exit	ALPHABET INC CAP STK CL Acl a	$0	–	-935	–	-0.23%	–
APC	Exit	ANADARKO PETE CORP COM	$0	–	-18,660	–	-0.23%	–
SPNV	Exit	SUPERIOR ENERGY SVCS INC COM	$0	–	-85,660	–	-0.23%	–
NSIT	Exit	INSIGHT ENTERPRISES INC COM	$0	–	-20,212	–	-0.23%	–
HAL	Exit	HALLIBURTON CO COM	$0	–	-20,308	–	-0.24%	–
CAR	Exit	AVIS BUDGET GROUP COM	$0	–	-24,839	–	-0.24%	–
ARGO	Exit	ARGO GROUP INTL HLDGS LTD COM	$0	–	-15,576	–	-0.24%	–
NWSA	Exit	NEWS CORP NEW CL Acl a	$0	–	-73,225	–	-0.24%	–
GRPU	Exit	GRANITE REAL ESTATE INVT TR UNIT 99/99/9999unit	$0	–	-24,600	–	-0.25%	–
SNV	Exit	SYNOVUS FINL CORP COM NEW	$0	–	-21,845	–	-0.25%	–
SNR	Exit	NEW SR INVT GROUP INC COM	$0	–	-110,460	–	-0.26%	–
FCNCA	Exit	FIRST CTZNS BANCSHARES INC N CL Acl a	$0	–	-2,745	–	-0.26%	–
DBD	Exit	DIEBOLD NXDF INC COM	$0	–	-45,805	–	-0.26%	–
NRG	Exit	NRG ENERGY INC COM NEW	$0	–	-42,341	–	-0.27%	–
AXE	Exit	ANIXTER INTL INC COM	$0	–	-13,019	–	-0.28%	–
HOPE	Exit	HOPE BANCORP INC COM	$0	–	-63,331	–	-0.28%	–
CAT	Exit	CATERPILLAR INC DEL COM	$0	–	-9,205	–	-0.29%	–
CNO	Exit	CNO FINL GROUP INC COM	$0	–	-49,089	–	-0.29%	–
GTS	Exit	TRIPLE-S MGMT CORP CL Bcl b	$0	–	-49,541	–	-0.30%	–
ACM	Exit	AECOM COM	$0	–	-32,202	–	-0.30%	–
OMI	Exit	OWENS & MINOR INC NEW COM	$0	–	-41,472	–	-0.30%	–
WBS	Exit	WEBSTER FINL CORP CONN COM	$0	–	-22,979	–	-0.30%	–
AHL	Exit	ASPEN INSURANCE HOLDINGS LTD SHS	$0	–	-30,561	–	-0.31%	–
PAY	Exit	VERIFONE SYS INC COM	$0	–	-60,993	–	-0.31%	–
FHN	Exit	FIRST HORIZON NATL CORP COM	$0	–	-64,800	–	-0.31%	–
GTLS	Exit	CHART INDS INC COM PAR $0.01	$0	–	-32,367	–	-0.32%	–
KO	Exit	COCA COLA CO COM	$0	–	-28,500	–	-0.32%	–
CUB	Exit	CUBIC CORP COM	$0	–	-25,193	–	-0.32%	–
ROCK	Exit	GIBRALTAR INDS INC COM	$0	–	-42,097	–	-0.33%	–
AEL	Exit	AMERICAN EQTY INVT LIFE HLD COM	$0	–	-45,114	–	-0.33%	–
XOM	Exit	EXXON MOBIL CORP COM	$0	–	-16,243	–	-0.34%	–
ESND	Exit	ESSENDANT INC COM	$0	–	-101,837	–	-0.34%	–
IOSP	Exit	INNOSPEC INC COM	$0	–	-22,082	–	-0.34%	–
DOOR	Exit	MASONITE INTL CORP NEW COM	$0	–	-20,252	–	-0.35%	–
JELD	Exit	JELD-WEN HLDG INC COM	$0	–	-41,249	–	-0.37%	–
SCSC	Exit	SCANSOURCE INC COM	$0	–	-34,035	–	-0.38%	–
ASB	Exit	ASSOCIATED BANC CORP COM	$0	–	-63,115	–	-0.39%	–
TOL	Exit	TOLL BROTHERS INC COM	$0	–	-37,000	–	-0.39%	–
AXS	Exit	AXIS CAPITAL HOLDINGS LTD SHS	$0	–	-26,853	–	-0.39%	–
EPAC	Exit	ACTUANT CORP CL A NEWcl a	$0	–	-61,266	–	-0.40%	–
OXY	Exit	OCCIDENTAL PETE CORP DEL COM	$0	–	-24,966	–	-0.40%	–
UAN	Exit	CVR PARTNERS LP COM	$0	–	-502,664	–	-0.41%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO COM	$0	–	-25,767	–	-0.41%	–
VRTS	Exit	VIRTUS INVT PARTNERS INC COM	$0	–	-14,087	–	-0.41%	–
LAMR	Exit	LAMAR ADVERTISING CO NEW CL Acl a	$0	–	-23,942	–	-0.41%	–
CMTL	Exit	COMTECH TELECOMMUNICATIONS C COM NEW	$0	–	-80,719	–	-0.42%	–
TRS	Exit	TRIMAS CORP COM NEW	$0	–	-61,557	–	-0.42%	–
TECK	Exit	TECK RESOURCES LTD CL Bcl b	$0	–	-79,565	–	-0.42%	–
MON	Exit	MONSANTO CO NEW COM	$0	–	-14,265	–	-0.43%	–
FCEA	Exit	FOREST CITY RLTY TR INC COM CL Acl a	$0	–	-68,000	–	-0.44%	–
WFC	Exit	WELLS FARGO CO NEW COM	$0	–	-32,770	–	-0.46%	–
ON	Exit	ON SEMICONDUCTOR CORP COM	$0	–	-100,898	–	-0.47%	–
WMT	Exit	WAL-MART STORES INC COM	$0	–	-25,275	–	-0.50%	–
STT	Exit	STATE STR CORP COM	$0	–	-20,950	–	-0.50%	–
BP	Exit	BP PLC SPONSORED ADRsponsored adr	$0	–	-52,382	–	-0.51%	–
CVE	Exit	CENOVUS ENERGY INC COM	$0	–	-205,929	–	-0.52%	–
HLT	Exit	HILTON WORLDWIDE HLDGS INC COM	$0	–	-30,092	–	-0.53%	–
MET	Exit	METLIFE INC COM	$0	–	-41,025	–	-0.54%	–
WPX	Exit	WPX ENERGY INC COM	$0	–	-186,500	–	-0.54%	–
KBR	Exit	KBR INC COM	$0	–	-120,542	–	-0.54%	–
HPE	Exit	HEWLETT PACKARD ENTERPRISE C COM	$0	–	-147,450	–	-0.55%	–
CSCO	Exit	CISCO SYS INC COM	$0	–	-64,600	–	-0.55%	–
F	Exit	FORD MTR CO DEL COM PAR $0.01	$0	–	-190,129	–	-0.57%	–
DOV	Exit	DOVER CORP COM	$0	–	-25,150	–	-0.58%	–
TXT	Exit	TEXTRON INC COM	$0	–	-43,500	–	-0.59%	–
VNO	Exit	VORNADO RLTY TR SH BEN INTsh ben int	$0	–	-30,535	–	-0.59%	–
AIG	Exit	AMERICAN INTL GROUP INC COM NEW	$0	–	-38,924	–	-0.60%	–
GOLD	Exit	BARRICK GOLD CORP COM	$0	–	-150,595	–	-0.61%	–
DVMT	Exit	DELL TECHNOLOGIES INC COM CL Vcl v	$0	–	-31,815	–	-0.62%	–
MUR	Exit	MURPHY OIL CORP COM	$0	–	-95,712	–	-0.64%	–
AGN	Exit	ALLERGAN PLC SHS	$0	–	-12,670	–	-0.66%	–
MCK	Exit	MCKESSON CORP COM	$0	–	-17,133	–	-0.66%	–
LEN	Exit	LENNAR CORP CL Acl a	$0	–	-50,000	–	-0.67%	–
COG	Exit	CABOT OIL & GAS CORP COM	$0	–	-100,000	–	-0.67%	–
COF	Exit	CAPITAL ONE FINL CORP COM	$0	–	-31,827	–	-0.68%	–
ATH	Exit	ATHENE HLDG LTD CL Acl a	$0	–	-50,000	–	-0.68%	–
ETN	Exit	EATON CORP PLC SHS	$0	–	-35,994	–	-0.70%	–
BEN	Exit	FRANKLIN RES INC COM	$0	–	-63,450	–	-0.71%	–
NXPI	Exit	NXP SEMICONDUCTORS N V COM	$0	–	-25,375	–	-0.72%	–
OMC	Exit	OMNICOM GROUP INC COM	$0	–	-38,761	–	-0.72%	–
VOYA	Exit	VOYA FINL INC COM	$0	–	-73,700	–	-0.74%	–
MYL	Exit	MYLAN N V SHS EURO	$0	–	-95,909	–	-0.76%	–
MS	Exit	MORGAN STANLEY COM NEW	$0	–	-63,023	–	-0.76%	–
GM	Exit	GENERAL MTRS CO COM	$0	–	-77,897	–	-0.79%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIO CL Acla	$0	–	-44,010	–	-0.80%	–
GS	Exit	GOLDMAN SACHS GROUP INC COM	$0	–	-13,500	–	-0.81%	–
AVT	Exit	AVNET INC COM	$0	–	-87,706	–	-0.87%	–
ADI	Exit	ANALOG DEVICES INC COM	$0	–	-40,000	–	-0.87%	–
BAC	Exit	BANK AMER CORP COM	$0	–	-137,525	–	-0.88%	–
BKD	Exit	BROOKDALE SR LIVING INC COM	$0	–	-335,609	–	-0.90%	–
DWDP	Exit	DOWDUPONT INC COM	$0	–	-51,555	–	-0.90%	–
EOG	Exit	EOG RES INC COM	$0	–	-38,000	–	-0.93%	–
AAL	Exit	AMERICAN AIRLS GROUP INC COM	$0	–	-78,700	–	-0.94%	–
RDSA	Exit	ROYAL DUTCH SHELL PLC SPONS ADR Asponsored adr	$0	–	-62,520	–	-0.96%	–
PXD	Exit	PIONEER NAT RES CO COM	$0	–	-26,800	–	-1.00%	–
GLNG	Exit	GOLAR LNG LTD BERMUDA SHS	$0	–	-176,803	–	-1.01%	–
TRV	Exit	TRAVELERS COMPANIES INC COM	$0	–	-33,000	–	-1.02%	–
DHI	Exit	D R HORTON INC COM	$0	–	-104,200	–	-1.05%	–
TEX	Exit	TEREX CORP NEW COM	$0	–	-95,614	–	-1.08%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N SHS - A -	$0	–	-44,200	–	-1.10%	–
DAL	Exit	DELTA AIR LINES INC DEL COM NEW	$0	–	-98,440	–	-1.20%	–
AIZ	Exit	ASSURANT INC COM	$0	–	-50,700	–	-1.22%	–
CMCSA	Exit	COMCAST CORP NEW CL Acl a	$0	–	-127,800	–	-1.24%	–
NEAR	Exit	ISHARES U S ETF TR SHT MAT BD ETFbd etf	$0	–	-100,000	–	-1.27%	–
GOOG	Exit	ALPHABET INC CAP STK CL Ccl c	$0	–	-5,300	–	-1.28%	–
WHR	Exit	WHIRLPOOL CORP COM	$0	–	-28,500	–	-1.32%	–
URI	Exit	UNITED RENTALS INC COM	$0	–	-40,000	–	-1.40%	–
FDX	Exit	FEDEX CORP COM	$0	–	-25,100	–	-1.43%	–
HES	Exit	HESS CORP COM	$0	–	-123,776	–	-1.46%	–
AET	Exit	AETNA INC NEW COM	$0	–	-53,000	–	-2.12%	–
CVA	Exit	COVANTA HLDG CORP COM	$0	–	-591,381	–	-2.21%	–
PFE	Exit	PFIZER INC COM	$0	–	-247,401	–	-2.23%	–
MC	Exit	MOELIS & CO CL Acl a	$0	–	-218,337	–	-2.37%	–
LNC	Exit	LINCOLN NATL CORP IND COM	$0	–	-134,000	–	-2.48%	–
MSFT	Exit	MICROSOFT CORP COM	$0	–	-136,500	–	-2.56%	–
JPM	Exit	JPMORGAN CHASE & CO COM	$0	–	-110,675	–	-2.66%	–
ORCL	Exit	ORACLE CORP COM	$0	–	-236,275	–	-2.88%	–
C	Exit	CITIGROUP INC COM NEW	$0	–	-205,236	–	-3.76%	–
GLD	Exit	SPDR GOLD TRUST GOLD SHS	$0	–	-214,000	–	-6.56%	–

Q3 2017

			Value		Shares		↓ Weighting
GLD	Sell	SPDR GOLD TRUST GOLD SHS	$26,018,000	-1.6%	214,000	-4.5%	6.56%	+5.4%
C	Sell	CITIGROUP INC COM NEW	$14,929,000	+4.7%	205,236	-3.8%	3.76%	+12.1%
ORCL	Buy	ORACLE CORP COM	$11,424,000	+7.1%	236,275	+11.0%	2.88%	+14.6%
PFE	Buy	PFIZER INC COM	$8,832,000	+40.8%	247,401	+32.5%	2.23%	+50.8%
CVA	Buy	COVANTA HLDG CORP COM	$8,782,000	+13.8%	591,381	+1.2%	2.21%	+21.8%
HES	Buy	HESS CORP COM	$5,804,000	+25.8%	123,776	+17.7%	1.46%	+34.6%
URI	Buy	UNITED RENTALS INC COM	$5,550,000	+82.4%	40,000	+48.1%	1.40%	+95.1%
GOOG	Buy	ALPHABET INC CAP STK CL Ccl c	$5,083,000	+47.2%	5,300	+39.5%	1.28%	+57.6%
CMCSA	Sell	COMCAST CORP NEW CL Acl a	$4,918,000	-22.6%	127,800	-21.7%	1.24%	-17.1%
TEX	Sell	TEREX CORP NEW COM	$4,305,000	+10.0%	95,614	-8.4%	1.08%	+17.7%
TRV	Sell	TRAVELERS COMPANIES INC COM	$4,043,000	-25.7%	33,000	-23.3%	1.02%	-20.5%
GLNG	Buy	GOLAR LNG LTD BERMUDA SHS	$3,998,000	+13.9%	176,803	+12.1%	1.01%	+21.9%
RDSA	Buy	ROYAL DUTCH SHELL PLC SPONS ADR Asponsored adr	$3,787,000	+15.8%	62,520	+1.7%	0.96%	+24.0%
DWDP	New	DOWDUPONT INC COM	$3,569,000	–	51,555	–	0.90%	–
BKD	Buy	BROOKDALE SR LIVING INC COM	$3,557,000	+85.7%	335,609	+157.7%	0.90%	+98.9%
ADI	New	ANALOG DEVICES INC COM	$3,447,000	–	40,000	–	0.87%	–
GM	Buy	GENERAL MTRS CO COM	$3,145,000	+91.7%	77,897	+65.8%	0.79%	+105.4%
MYL	Buy	MYLAN N V SHS EURO	$3,009,000	+43.6%	95,909	+77.7%	0.76%	+53.6%
OMC	Buy	OMNICOM GROUP INC COM	$2,871,000	-3.1%	38,761	+8.4%	0.72%	+3.7%
ETN	Sell	EATON CORP PLC SHS	$2,764,000	-34.2%	35,994	-33.3%	0.70%	-29.6%
MCK	Buy	MCKESSON CORP COM	$2,632,000	+11.5%	17,133	+19.4%	0.66%	+19.4%
AGN	New	ALLERGAN PLC SHS	$2,597,000	–	12,670	–	0.66%	–
TXT	New	TEXTRON INC COM	$2,344,000	–	43,500	–	0.59%	–
HPE	Buy	HEWLETT PACKARD ENTERPRISE C COM	$2,169,000	+63.1%	147,450	+84.0%	0.55%	+74.8%
KBR	Sell	KBR INC COM	$2,155,000	+1.0%	120,542	-14.0%	0.54%	+8.0%
ON	Sell	ON SEMICONDUCTOR CORP COM	$1,864,000	-7.7%	100,898	-29.9%	0.47%	-1.3%
WFC	New	WELLS FARGO CO NEW COM	$1,807,000	–	32,770	–	0.46%	–
TRS	Sell	TRIMAS CORP COM NEW	$1,662,000	+14.6%	61,557	-11.5%	0.42%	+22.9%
ESRX	Buy	EXPRESS SCRIPTS HLDG CO COM	$1,632,000	+72.7%	25,767	+74.0%	0.41%	+84.3%
EPAC	Buy	ACTUANT CORP CL A NEWcl a	$1,568,000	+29.9%	61,266	+24.8%	0.40%	+39.1%
JELD	Buy	JELD-WEN HLDG INC COM	$1,465,000	+19.9%	41,249	+9.5%	0.37%	+28.1%
DOOR	Buy	MASONITE INTL CORP NEW COM	$1,401,000	-5.7%	20,252	+2.9%	0.35%	+0.9%
IOSP	Buy	INNOSPEC INC COM	$1,361,000	+4.7%	22,082	+11.4%	0.34%	+12.1%
ESND	Buy	ESSENDANT INC COM	$1,341,000	+2.1%	101,837	+14.9%	0.34%	+9.4%
XOM	Sell	EXXON MOBIL CORP COM	$1,332,000	-17.0%	16,243	-18.3%	0.34%	-11.1%
AEL	Sell	AMERICAN EQTY INVT LIFE HLD COM	$1,312,000	-13.3%	45,114	-21.7%	0.33%	-7.3%
ROCK	Buy	GIBRALTAR INDS INC COM	$1,311,000	+74.3%	42,097	+99.6%	0.33%	+87.0%
AHL	Buy	ASPEN INSURANCE HOLDINGS LTD SHS	$1,235,000	-16.8%	30,561	+2.6%	0.31%	-11.1%
GTS	Sell	TRIPLE-S MGMT CORP CL Bcl b	$1,173,000	+16.7%	49,541	-16.7%	0.30%	+24.9%
CNO	Sell	CNO FINL GROUP INC COM	$1,146,000	+3.8%	49,089	-7.2%	0.29%	+11.2%
DBD	New	DIEBOLD NXDF INC COM	$1,047,000	–	45,805	–	0.26%	–
SNV	Sell	SYNOVUS FINL CORP COM NEW	$1,006,000	-4.9%	21,845	-8.7%	0.25%	+2.0%
GRPU	Sell	GRANITE REAL ESTATE INVT TR UNIT 99/99/9999unit	$996,000	-14.7%	24,600	-16.0%	0.25%	-8.7%
CAR	New	AVIS BUDGET GROUP COM	$945,000	–	24,839	–	0.24%	–
HAL	Buy	HALLIBURTON CO COM	$935,000	+41.5%	20,308	+31.2%	0.24%	+51.3%
NSIT	Sell	INSIGHT ENTERPRISES INC COM	$928,000	+4.2%	20,212	-9.3%	0.23%	+11.4%
APC	Sell	ANADARKO PETE CORP COM	$912,000	-77.1%	18,660	-78.8%	0.23%	-75.5%
TUP	Buy	TUPPERWARE BRANDS CORP COM	$909,000	+11.5%	14,700	+26.7%	0.23%	+19.3%
HSC	Sell	HARSCO CORP COM	$872,000	+21.1%	41,700	-6.7%	0.22%	+29.4%
PGEM	Buy	PLY GEM HLDGS INC COM	$816,000	+102.5%	47,885	+113.1%	0.21%	+116.8%
THG	New	HANOVER INS GROUP INC COM	$791,000	–	8,158	–	0.20%	–
UVV	Buy	UNIVERSAL CORP VA COM	$771,000	+6.1%	13,463	+19.8%	0.19%	+13.5%
FCEL	Buy	FUELCELL ENERGY INC COM NEW	$770,000	+199.6%	439,851	+112.3%	0.19%	+218.0%
PSTB	Sell	PARK STERLING CORP COM	$736,000	-15.6%	59,266	-19.2%	0.19%	-9.3%
KALU	Sell	KAISER ALUMINUM CORP COM PAR $0.01	$681,000	+6.9%	6,600	-8.3%	0.17%	+14.7%
SAIC	Sell	SCIENCE APPLICATNS INTL CP N COM	$662,000	-12.5%	9,900	-9.2%	0.17%	-6.2%
MFGP	New	MICRO FOCUS INTERNATIONAL PL SPON ADR NEWsponsored adr	$646,000	–	20,248	–	0.16%	–
EZPW	Sell	EZCORP INC CL A NON VTGcl a	$633,000	+11.2%	66,600	-9.9%	0.16%	+19.4%
TCF	Sell	TCF FINL CORP COM	$607,000	-24.7%	35,599	-29.6%	0.15%	-19.5%
HMLP	Sell	HOEGH LNG PARTNERS LP COM UNIT LTD	$476,000	-11.7%	25,649	-8.9%	0.12%	-5.5%
GXP	Sell	GREAT PLAINS ENERGY INC COM	$476,000	-10.2%	15,700	-13.3%	0.12%	-4.0%
ENVA	Buy	ENOVA INTL INC COM	$463,000	+19.0%	34,457	+31.4%	0.12%	+27.2%
ARRS	Sell	ARRIS INTL INC SHS	$445,000	-7.3%	15,616	-8.8%	0.11%	-0.9%
CRS	Sell	CARPENTER TECHNOLOGY CORP COM	$429,000	+20.2%	8,936	-6.3%	0.11%	+28.6%
SRI	Sell	STONERIDGE INC COM	$422,000	-24.5%	21,307	-41.3%	0.11%	-19.7%
ACBI	New	ATLANTIC CAP BANCSHARES INC COM	$348,000	–	19,174	–	0.09%	–
ARC	Sell	ARC DOCUMENT SOLUTIONS INC COM	$335,000	-7.2%	81,991	-5.6%	0.08%	-1.2%
KS	Sell	KAPSTONE PAPER & PACKAGING C COM	$241,000	-2.0%	11,231	-5.9%	0.06%	+5.2%
BHF	New	BRIGHTHOUSE FINL INC COM	$227,000	–	3,729	–	0.06%	–
WSFS	Sell	WSFS FINL CORP COM	$203,000	-48.1%	4,169	-51.7%	0.05%	-44.6%
ELECW	Exit	ELECTRUM SPL ACQUISITION COR*w exp 99/99/999	$0	–	-78,949	–	0.00%	–
ELECW	New	ELECTRUM SPL ACQUISITION COR*w exp 99/99/999	$0	–	78,949	–	0.00%	–
UFPT	Exit	UFP TECHNOLOGIES INC COM	$0	–	-8,631	–	-0.06%	–
MERC	Exit	MERCER INTL INC COM	$0	–	-21,707	–	-0.06%	–
DIOD	Exit	DIODES INC COM	$0	–	-14,881	–	-0.08%	–
WOOF	Exit	VCA INC COM	$0	–	-4,100	–	-0.09%	–
ABT	Exit	ABBOTT LABS COM	$0	–	-8,620	–	-0.10%	–
PH	Exit	PARKER HANNIFIN CORP COM	$0	–	-2,632	–	-0.10%	–
VRTU	Exit	VIRTUSA CORP COM	$0	–	-15,183	–	-0.10%	–
DAN	Exit	DANA INCORPORATED COM	$0	–	-34,696	–	-0.18%	–
INTC	Exit	INTEL CORP COM	$0	–	-38,625	–	-0.31%	–
CI	Exit	CIGNA CORPORATION COM	$0	–	-10,189	–	-0.40%	–
DOW	Exit	DOW CHEM CO COM	$0	–	-51,555	–	-0.77%	–
SPLS	Exit	STAPLES INC COM	$0	–	-428,878	–	-1.02%	–
UAL	Exit	UNITED CONTL HLDGS INC COM	$0	–	-73,800	–	-1.31%	–
	Exit	TORONTO DOMINION BK ONTnote 3.625% 9/1	$0	–	-10,000,000	–	-2.33%	–
	Exit	ENBRIDGE INCnote 6.000% 1/1	$0	–	-15,000,000	–	-3.70%	–
	Exit	BANK OF NOVA SCOTIAnote 4.500% 12/1	$0	–	-19,105,000	–	-4.73%	–

Q2 2017

			Value		Shares		↓ Weighting
GLD	New	SPDR GOLD TRUST GOLD SHS	$26,430,000	–	224,000	–	6.22%	–
	New	BANK OF NOVA SCOTIAnote 4.500% 12/1	$20,088,000	–	19,105,000	–	4.73%	–
	New	ENBRIDGE INCnote 6.000% 1/1	$15,721,000	–	15,000,000	–	3.70%	–
C	New	CITIGROUP INC COM NEW	$14,264,000	–	213,271	–	3.36%	–
ORCL	New	ORACLE CORP COM	$10,669,000	–	212,775	–	2.51%	–
JPM	New	JPMORGAN CHASE & CO COM	$10,116,000	–	110,675	–	2.38%	–
	New	TORONTO DOMINION BK ONTnote 3.625% 9/1	$9,906,000	–	10,000,000	–	2.33%	–
MSFT	New	MICROSOFT CORP COM	$9,409,000	–	136,500	–	2.22%	–
LNC	New	LINCOLN NATL CORP IND COM	$9,056,000	–	134,000	–	2.13%	–
MC	New	MOELIS & CO CL Acl a	$8,482,000	–	218,337	–	2.00%	–
AET	New	AETNA INC NEW COM	$8,047,000	–	53,000	–	1.90%	–
CVA	New	COVANTA HLDG CORP COM	$7,715,000	–	584,493	–	1.82%	–
CMCSA	New	COMCAST CORP NEW CL Acl a	$6,352,000	–	163,200	–	1.50%	–
PFE	New	PFIZER INC COM	$6,272,000	–	186,726	–	1.48%	–
UAL	New	UNITED CONTL HLDGS INC COM	$5,553,000	–	73,800	–	1.31%	–
WHR	New	WHIRLPOOL CORP COM	$5,461,000	–	28,500	–	1.29%	–
FDX	New	FEDEX CORP COM	$5,455,000	–	25,100	–	1.28%	–
TRV	New	TRAVELERS COMPANIES INC COM	$5,441,000	–	43,000	–	1.28%	–
DAL	New	DELTA AIR LINES INC DEL COM NEW	$5,290,000	–	98,440	–	1.25%	–
AIZ	New	ASSURANT INC COM	$5,257,000	–	50,700	–	1.24%	–
NEAR	New	ISHARES U S ETF TR SHT MAT BD ETFbd etf	$5,027,000	–	100,000	–	1.18%	–
HES	New	HESS CORP COM	$4,614,000	–	105,176	–	1.09%	–
SPLS	New	STAPLES INC COM	$4,319,000	–	428,878	–	1.02%	–
PXD	New	PIONEER NAT RES CO COM	$4,277,000	–	26,800	–	1.01%	–
ETN	New	EATON CORP PLC SHS	$4,202,000	–	53,991	–	0.99%	–
APC	New	ANADARKO PETE CORP COM	$3,984,000	–	87,860	–	0.94%	–
AAL	New	AMERICAN AIRLS GROUP INC COM	$3,960,000	–	78,700	–	0.93%	–
TEX	New	TEREX CORP NEW COM	$3,914,000	–	104,371	–	0.92%	–
LYB	New	LYONDELLBASELL INDUSTRIES N SHS - A -	$3,730,000	–	44,200	–	0.88%	–
DHI	New	D R HORTON INC COM	$3,602,000	–	104,200	–	0.85%	–
GLNG	New	GOLAR LNG LTD BERMUDA SHS	$3,510,000	–	157,750	–	0.83%	–
GOOG	New	ALPHABET INC CAP STK CL Ccl c	$3,453,000	–	3,800	–	0.81%	–
EOG	New	EOG RES INC COM	$3,440,000	–	38,000	–	0.81%	–
AVT	New	AVNET INC COM	$3,410,000	–	87,706	–	0.80%	–
BAC	New	BANK AMER CORP COM	$3,336,000	–	137,525	–	0.79%	–
RDSA	New	ROYAL DUTCH SHELL PLC SPONS ADR Asponsored adr	$3,270,000	–	61,478	–	0.77%	–
DOW	New	DOW CHEM CO COM	$3,252,000	–	51,555	–	0.77%	–
URI	New	UNITED RENTALS INC COM	$3,043,000	–	27,000	–	0.72%	–
GS	New	GOLDMAN SACHS GROUP INC COM	$2,996,000	–	13,500	–	0.71%	–
OMC	New	OMNICOM GROUP INC COM	$2,964,000	–	35,752	–	0.70%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIO CL Acla	$2,922,000	–	44,010	–	0.69%	–
VNO	New	VORNADO RLTY TR SH BEN INTsh ben int	$2,867,000	–	30,535	–	0.68%	–
BEN	New	FRANKLIN RES INC COM	$2,842,000	–	63,450	–	0.67%	–
MS	New	MORGAN STANLEY COM NEW	$2,808,000	–	63,023	–	0.66%	–
NXPI	New	NXP SEMICONDUCTORS N V COM	$2,777,000	–	25,375	–	0.65%	–
VOYA	New	VOYA FINL INC COM	$2,719,000	–	73,700	–	0.64%	–
LEN	New	LENNAR CORP CL Acl a	$2,666,000	–	50,000	–	0.63%	–
COF	New	CAPITAL ONE FINL CORP COM	$2,630,000	–	31,827	–	0.62%	–
COG	New	CABOT OIL & GAS CORP COM	$2,508,000	–	100,000	–	0.59%	–
ATH	New	ATHENE HLDG LTD CL Acl a	$2,481,000	–	50,000	–	0.58%	–
MUR	New	MURPHY OIL CORP COM	$2,453,000	–	95,712	–	0.58%	–
AIG	New	AMERICAN INTL GROUP INC COM NEW	$2,434,000	–	38,924	–	0.57%	–
GOLD	New	BARRICK GOLD CORP COM	$2,396,000	–	150,595	–	0.56%	–
MCK	New	MCKESSON CORP COM	$2,360,000	–	14,344	–	0.56%	–
MET	New	METLIFE INC COM	$2,254,000	–	41,025	–	0.53%	–
KBR	New	KBR INC COM	$2,134,000	–	140,208	–	0.50%	–
F	New	FORD MTR CO DEL COM PAR $0.01	$2,128,000	–	190,129	–	0.50%	–
MYL	New	MYLAN N V SHS EURO	$2,096,000	–	53,986	–	0.49%	–
CSCO	New	CISCO SYS INC COM	$2,022,000	–	64,600	–	0.48%	–
ON	New	ON SEMICONDUCTOR CORP COM	$2,020,000	–	143,846	–	0.48%	–
DOV	New	DOVER CORP COM	$2,018,000	–	25,150	–	0.48%	–
DVMT	New	DELL TECHNOLOGIES INC COM CL Vcl v	$1,944,000	–	31,815	–	0.46%	–
BKD	New	BROOKDALE SR LIVING INC COM	$1,915,000	–	130,210	–	0.45%	–
WMT	New	WAL-MART STORES INC COM	$1,913,000	–	25,275	–	0.45%	–
STT	New	STATE STR CORP COM	$1,880,000	–	20,950	–	0.44%	–
HLT	New	HILTON WORLDWIDE HLDGS INC COM	$1,861,000	–	30,092	–	0.44%	–
BP	New	BP PLC SPONSORED ADRsponsored adr	$1,815,000	–	52,382	–	0.43%	–
WPX	New	WPX ENERGY INC COM	$1,802,000	–	186,500	–	0.42%	–
LAMR	New	LAMAR ADVERTISING CO NEW CL Acl a	$1,761,000	–	23,942	–	0.42%	–
UAN	New	CVR PARTNERS LP COM	$1,754,000	–	502,664	–	0.41%	–
AXS	New	AXIS CAPITAL HOLDINGS LTD SHS	$1,736,000	–	26,853	–	0.41%	–
CI	New	CIGNA CORPORATION COM	$1,706,000	–	10,189	–	0.40%	–
MON	New	MONSANTO CO NEW COM	$1,688,000	–	14,265	–	0.40%	–
FCEA	New	FOREST CITY RLTY TR INC COM CL Acl a	$1,644,000	–	68,000	–	0.39%	–
GM	New	GENERAL MTRS CO COM	$1,641,000	–	46,980	–	0.39%	–
XOM	New	EXXON MOBIL CORP COM	$1,605,000	–	19,875	–	0.38%	–
ASB	New	ASSOCIATED BANC CORP COM	$1,590,000	–	63,115	–	0.37%	–
VRTS	New	VIRTUS INVT PARTNERS INC COM	$1,563,000	–	14,087	–	0.37%	–
CMTL	New	COMTECH TELECOMMUNICATIONS C COM NEW	$1,531,000	–	80,719	–	0.36%	–
CVE	New	CENOVUS ENERGY INC COM	$1,519,000	–	205,929	–	0.36%	–
AEL	New	AMERICAN EQTY INVT LIFE HLD COM	$1,514,000	–	57,604	–	0.36%	–
OXY	New	OCCIDENTAL PETE CORP DEL COM	$1,495,000	–	24,966	–	0.35%	–
DOOR	New	MASONITE INTL CORP NEW COM	$1,486,000	–	19,682	–	0.35%	–
AHL	New	ASPEN INSURANCE HOLDINGS LTD SHS	$1,485,000	–	29,797	–	0.35%	–
TOL	New	TOLL BROTHERS INC COMadr	$1,462,000	–	37,000	–	0.34%	–
TRS	New	TRIMAS CORP COM NEW	$1,450,000	–	69,529	–	0.34%	–
TECK	New	TECK RESOURCES LTD CL Bcl b	$1,379,000	–	79,565	–	0.32%	–
SCSC	New	SCANSOURCE INC COM	$1,372,000	–	34,035	–	0.32%	–
OMI	New	OWENS & MINOR INC NEW COM	$1,335,000	–	41,472	–	0.31%	–
HPE	New	HEWLETT PACKARD ENTERPRISE C COM	$1,330,000	–	80,150	–	0.31%	–
ESND	New	ESSENDANT INC COM	$1,314,000	–	88,599	–	0.31%	–
INTC	New	INTEL CORP COM	$1,303,000	–	38,625	–	0.31%	–
IOSP	New	INNOSPEC INC COM	$1,300,000	–	19,829	–	0.31%	–
KO	New	COCA COLA CO COM	$1,278,000	–	28,500	–	0.30%	–
JELD	New	JELD-WEN HLDG INC COM	$1,222,000	–	37,656	–	0.29%	–
EPAC	New	ACTUANT CORP CL A NEWcl a	$1,207,000	–	49,072	–	0.28%	–
WBS	New	WEBSTER FINL CORP CONN COM	$1,200,000	–	22,979	–	0.28%	–
HOPE	New	HOPE BANCORP INC COM	$1,181,000	–	63,331	–	0.28%	–
CUB	New	CUBIC CORP COM	$1,166,000	–	25,193	–	0.28%	–
GRPU	New	GRANITE REAL ESTATE INVT TR UNIT 99/99/9999unit	$1,167,000	–	29,300	–	0.28%	–
FHN	New	FIRST HORIZON NATL CORP COM	$1,129,000	–	64,800	–	0.27%	–
GTLS	New	CHART INDS INC COM PAR $0.01	$1,124,000	–	32,367	–	0.26%	–
SNR	New	NEW SR INVT GROUP INC COM	$1,110,000	–	110,460	–	0.26%	–
PAY	New	VERIFONE SYS INC COM	$1,104,000	–	60,993	–	0.26%	–
CNO	New	CNO FINL GROUP INC COM	$1,104,000	–	52,889	–	0.26%	–
SNV	New	SYNOVUS FINL CORP COM NEW	$1,058,000	–	23,923	–	0.25%	–
ACM	New	AECOM COM	$1,041,000	–	32,202	–	0.24%	–
FCNCA	New	FIRST CTZNS BANCSHARES INC N CL Acl a	$1,023,000	–	2,745	–	0.24%	–
AXE	New	ANIXTER INTL INC COM	$1,018,000	–	13,019	–	0.24%	–
GTS	New	TRIPLE-S MGMT CORP CL Bcl b	$1,005,000	–	59,447	–	0.24%	–
NWSA	New	NEWS CORP NEW CL Acl a	$1,003,000	–	73,225	–	0.24%	–
CAT	New	CATERPILLAR INC DEL COM	$989,000	–	9,205	–	0.23%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO COM	$945,000	–	14,808	–	0.22%	–
ARGO	New	ARGO GROUP INTL HLDGS LTD COM	$944,000	–	15,576	–	0.22%	–
GLW	New	CORNING INC COM	$895,000	–	29,780	–	0.21%	–
NSIT	New	INSIGHT ENTERPRISES INC COM	$891,000	–	22,273	–	0.21%	–
SPNV	New	SUPERIOR ENERGY SVCS INC COM	$893,000	–	85,660	–	0.21%	–
GOOGL	New	ALPHABET INC CAP STK CL Acl a	$869,000	–	935	–	0.20%	–
PSTB	New	PARK STERLING CORP COM	$872,000	–	73,366	–	0.20%	–
TUP	New	TUPPERWARE BRANDS CORP COM	$815,000	–	11,600	–	0.19%	–
TCF	New	TCF FINL CORP COM	$806,000	–	50,542	–	0.19%	–
ELEC	New	ELECTRUM SPL ACQUISITION COR SHS	$797,000	–	78,949	–	0.19%	–
APO	New	APOLLO GLOBAL MGMT LLC CL A SHS	$786,000	–	29,700	–	0.18%	–
FMBI	New	FIRST MIDWEST BANCORP DEL COM	$786,000	–	33,701	–	0.18%	–
DAN	New	DANA INCORPORATED COM	$775,000	–	34,696	–	0.18%	–
SAIC	New	SCIENCE APPLICATNS INTL CP N COM	$757,000	–	10,900	–	0.18%	–
ROCK	New	GIBRALTAR INDS INC COM	$752,000	–	21,089	–	0.18%	–
GOV	New	GOVERNMENT PPTYS INCOME TR COM SHS BEN INT	$749,000	–	40,914	–	0.18%	–
NRG	New	NRG ENERGY INC COM NEW	$729,000	–	42,341	–	0.17%	–
UVV	New	UNIVERSAL CORP VA COM	$727,000	–	11,240	–	0.17%	–
HSC	New	HARSCO CORP COM	$720,000	–	44,700	–	0.17%	–
BGC	New	GENERAL CABLE CORP DEL NEW COM	$718,000	–	43,886	–	0.17%	–
HAL	New	HALLIBURTON CO COM	$661,000	–	15,475	–	0.16%	–
ICON	New	ICONIX BRAND GROUP INC COM	$650,000	–	94,087	–	0.15%	–
KALU	New	KAISER ALUMINUM CORP COM PAR $0.01	$637,000	–	7,200	–	0.15%	–
WLH	New	LYON WILLIAM HOMES CL A NEWcl a new	$628,000	–	25,998	–	0.15%	–
TNK	New	TEEKAY TANKERS LTD CL Acla	$625,000	–	332,350	–	0.15%	–
EZPW	New	EZCORP INC CL A NON VTGcl a	$569,000	–	73,900	–	0.13%	–
SRI	New	STONERIDGE INC COM	$559,000	–	36,271	–	0.13%	–
HMLP	New	HOEGH LNG PARTNERS LP COM UNIT LTD	$539,000	–	28,143	–	0.13%	–
GXP	New	GREAT PLAINS ENERGY INC COM	$530,000	–	18,100	–	0.12%	–
WMB	New	WILLIAMS COS INC DEL COM	$517,000	–	17,070	–	0.12%	–
NG	New	NOVAGOLD RES INC COM NEW	$498,000	–	109,110	–	0.12%	–
ARRS	New	ARRIS INTL INC SHShs	$480,000	–	17,116	–	0.11%	–
POR	New	PORTLAND GEN ELEC CO COM NEW	$466,000	–	10,200	–	0.11%	–
WAIR	New	WESCO AIRCRAFT HLDGS INC COM	$459,000	–	42,270	–	0.11%	–
VRTU	New	VIRTUSA CORP COM	$446,000	–	15,183	–	0.10%	–
NWS	New	NEWS CORP NEW CL Bcl b	$435,000	–	30,775	–	0.10%	–
	New	OM ASSET MGMT PLC SHS	$427,000	–	28,733	–	0.10%	–
PH	New	PARKER HANNIFIN CORP COM	$421,000	–	2,632	–	0.10%	–
ABT	New	ABBOTT LABS COM	$419,000	–	8,620	–	0.10%	–
PGEM	New	PLY GEM HLDGS INC COM	$403,000	–	22,467	–	0.10%	–
ENVA	New	ENOVA INTL INC COM	$389,000	–	26,225	–	0.09%	–
WSFS	New	WSFS FINL CORP COM	$391,000	–	8,631	–	0.09%	–
WOOF	New	VCA INC COM	$378,000	–	4,100	–	0.09%	–
DRH	New	DIAMONDROCK HOSPITALITY CO COM	$368,000	–	33,571	–	0.09%	–
ARC	New	ARC DOCUMENT SOLUTIONS INC COM	$361,000	–	86,820	–	0.08%	–
DIOD	New	DIODES INC COM	$358,000	–	14,881	–	0.08%	–
CRS	New	CARPENTER TECHNOLOGY CORP COM	$357,000	–	9,536	–	0.08%	–
CNMD	New	CONMED CORP COM	$280,000	–	5,503	–	0.07%	–
MLR	New	MILLER INDS INC TENN COM NEW	$267,000	–	10,727	–	0.06%	–
FCEL	New	FUELCELL ENERGY INC COM NEW	$257,000	–	207,156	–	0.06%	–
MERC	New	MERCER INTL INC COM	$250,000	–	21,707	–	0.06%	–
KS	New	KAPSTONE PAPER & PACKAGING C COM	$246,000	–	11,931	–	0.06%	–
UFPT	New	UFP TECHNOLOGIES INC COM	$244,000	–	8,631	–	0.06%	–
GNW	New	GENWORTH FINL INC COM CL Acl a	$236,000	–	62,650	–	0.06%	–
NNI	New	NELNET INC CL Acl a	$226,000	–	4,800	–	0.05%	–
FBNC	New	FIRST BANCORP N C COM	$214,000	–	6,839	–	0.05%	–
CTT	New	CATCHMARK TIMBER TR INC CL Acl a	$159,000	–	13,960	–	0.04%	–
ELECW	New	ELECTRUM SPL ACQUISITION COR*w exp 99/99/999	$0	–	78,949	–	0.00%	–

Q4 2016

			Value		Shares		↓ Weighting
MXWL	Exit	MAXWELL TECHNOLOGIES INC	$0	–	-15,321	–	-0.02%	–
HIIQ	Exit	HEALTH INSURANCE INNOVATION	$0	–	-14,859	–	-0.02%	–
HLSWS	Exit	HEALTHSOUTH CORPwarrant	$0	–	-53,352	–	-0.03%	–
ENVA	Exit	ENOVA INTERNATIONAL INC-W/I	$0	–	-16,025	–	-0.04%	–
CTT	Exit	CATCHMARK TIMBER TR INCcl a	$0	–	-13,960	–	-0.04%	–
MERC	Exit	MERCER INTL INC	$0	–	-19,510	–	-0.04%	–
WAIR	Exit	WESCO AIRCRAFT HLDGS INC	$0	–	-12,323	–	-0.04%	–
NNI	Exit	NELNET INCcl a	$0	–	-5,300	–	-0.05%	–
CNMD	Exit	CONMED CORP	$0	–	-5,503	–	-0.05%	–
THC	Exit	TENET HEALTHCARE CORP	$0	–	-9,725	–	-0.05%	–
MLR	Exit	MILLER INDUSTRIES INC/TENN	$0	–	-10,973	–	-0.06%	–
UFPT	Exit	UFP TECHNOLOGIES INC	$0	–	-9,961	–	-0.06%	–
AGX	Exit	ARGAN INC	$0	–	-4,789	–	-0.06%	–
DRH	Exit	DIAMONDROCK HOSPITALITY CO	$0	–	-33,571	–	-0.07%	–
GNW	Exit	GENWORTH FINANCIAL INCcl a	$0	–	-62,650	–	-0.07%	–
HTZGQ	Exit	HERTZ GLOBAL HLDGS INC	$0	–	-8,220	–	-0.08%	–
CMTL	Exit	COMTECH TELECOMMUNICATIONS	$0	–	-30,219	–	-0.09%	–
OCIP	Exit	OCI PARTNERS LP	$0	–	-65,496	–	-0.09%	–
JIVE	Exit	JIVE SOFTWARE INC	$0	–	-100,553	–	-0.10%	–
POR	Exit	PORTLAND GENERAL ELECTRIC	$0	–	-10,200	–	-0.10%	–
EZPW	Exit	EZCORP INCcl a	$0	–	-41,100	–	-0.10%	–
NRG	Exit	NRG ENERGY INC	$0	–	-42,341	–	-0.11%	–
ROCK	Exit	GIBRALTAR INDUSTRIES INC	$0	–	-13,131	–	-0.11%	–
HSC	Exit	HARSCO CORP	$0	–	-49,300	–	-0.11%	–
GXP	Exit	GREAT PLAINS ENERGY INC	$0	–	-18,100	–	-0.11%	–
ARC	Exit	ARC DOCUMENT SOLUTIONS INC	$0	–	-134,475	–	-0.12%	–
WLH	Exit	WILLIAM LYON HOMEScl a new	$0	–	-28,800	–	-0.12%	–
CRS	Exit	CARPENTER TECHNOLOGY	$0	–	-13,336	–	-0.13%	–
KALU	Exit	KAISER ALUMINUM CORP	$0	–	-6,500	–	-0.13%	–
BBT	Exit	BB&T CORP	$0	–	-15,150	–	-0.13%	–
TNK	Exit	TEEKAY TANKERS LTDcl a	$0	–	-232,650	–	-0.14%	–
NG	Exit	NOVAGOLD RESOURCES INC	$0	–	-109,110	–	-0.14%	–
KDMN	Exit	KADMON HLDGS INC	$0	–	-9,205	–	-0.14%	–
FCEL	Exit	FUELCELL ENERGY INC	$0	–	-123,394	–	-0.15%	–
LXK	Exit	LEXMARK INTL GROUP INCcl a	$0	–	-17,499	–	-0.16%	–
PSTB	Exit	PARK STERLING CORP	$0	–	-88,466	–	-0.17%	–
TTEK	Exit	TETRA TECH INC	$0	–	-20,456	–	-0.17%	–
NWS	Exit	NEWS CORPcl b	$0	–	-51,275	–	-0.17%	–
FCNCA	Exit	FIRST CITIZENS BCSHScl a	$0	–	-2,545	–	-0.17%	–
GOOGL	Exit	ALPHABET INC CAP STK CL Acl a	$0	–	-935	–	-0.17%	–
WSFS	Exit	WSFS FINANCIAL CORP	$0	–	-20,675	–	-0.17%	–
ICON	Exit	ICONIX BRAND GROUP INC	$0	–	-93,187	–	-0.17%	–
ARRS	Exit	ARRIS INTL INC SHShs	$0	–	-27,216	–	-0.18%	–
APO	Exit	APOLLO GLOBAL MANAGEMENT	$0	–	-43,700	–	-0.18%	–
ELECU	Exit	ELECTRUM SPECIAL ACQUISITION	$0	–	-78,949	–	-0.18%	–
FHN	Exit	FIRST HORIZON NATIONAL CORP	$0	–	-52,700	–	-0.18%	–
CAT	Exit	CATERPILLAR INC	$0	–	-9,205	–	-0.19%	–
CMCO	Exit	COLUMBUS MCKINNON CORP/NY	$0	–	-47,789	–	-0.20%	–
TCF	Exit	TCF FINANCIAL CORP	$0	–	-59,825	–	-0.20%	–
SAIC	Exit	SCIENCE APPLICATIONS INTE	$0	–	-12,600	–	-0.20%	–
ESND	Exit	ESSENDANT INC	$0	–	-42,900	–	-0.20%	–
TUP	Exit	TUPPERWARE CORP	$0	–	-13,500	–	-0.20%	–
SCHN	Exit	SCHNITZER STEEL INDS INCcl a	$0	–	-43,175	–	-0.21%	–
VRTS	Exit	VIRTUS INVESTMENT PARTNERS	$0	–	-9,243	–	-0.21%	–
RCII	Exit	RENT-A-CENTER INC	$0	–	-73,050	–	-0.21%	–
ARGO	Exit	ARGO GROUP INTERNATIONAL	$0	–	-17,094	–	-0.22%	–
TRS	Exit	TRIMAS CORP	$0	–	-51,825	–	-0.22%	–
GOV	Exit	GOVERNMENT PROPERTIES INCOME	$0	–	-43,350	–	-0.23%	–
DAN	Exit	DANA HOLDING CORP	$0	–	-63,165	–	-0.23%	–
WMB	Exit	WILLIAMS COS INC DEL COM	$0	–	-32,005	–	-0.23%	–
SRI	Exit	STONERIDGE INC	$0	–	-53,983	–	-0.23%	–
BGC	Exit	GENERAL CABLE CORP	$0	–	-66,975	–	-0.23%	–
NWSA	Exit	NEWS CORPcl a	$0	–	-73,225	–	-0.24%	–
GRPU	Exit	GRANITE REAL ESTATE INVESTMENT TRSTunit	$0	–	-33,600	–	-0.24%	–
IPG	Exit	INTERPUBLIC GROUP COS INC	$0	–	-47,150	–	-0.24%	–
CEMP	Exit	CEMPRA INC	$0	–	-43,610	–	-0.24%	–
IOSP	Exit	INORG CHEM NEC	$0	–	-17,631	–	-0.25%	–
RGA	Exit	REINSURANCE GROUP OF AMERICA	$0	–	-10,000	–	-0.25%	–
CNO	Exit	CNO FINANCIAL GROUP	$0	–	-72,189	–	-0.25%	–
TOL	Exit	TOLL BROTHERS INCadr	$0	–	-37,000	–	-0.26%	–
LNKD	Exit	LINKEDIN CORPcl a	$0	–	-5,840	–	-0.26%	–
OMI	Exit	OWENS & MINOR INC	$0	–	-33,746	–	-0.27%	–
AHL	Exit	ASPEN INSURANCE HOLDINGS LTD	$0	–	-25,375	–	-0.27%	–
EEP	Exit	ENBRIDGE ENERGY PARTNERS LP	$0	–	-46,740	–	-0.27%	–
DIOD	Exit	DIODES INC	$0	–	-56,544	–	-0.28%	–
KO	Exit	COCA COLA CO	$0	–	-28,500	–	-0.28%	–
FMBI	Exit	FIRST MIDWEST BANCORP INC/IL	$0	–	-65,675	–	-0.29%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-11,035	–	-0.30%	–
ENH	Exit	ENDURANCE SPECIALTY HOLDINGS	$0	–	-20,250	–	-0.31%	–
UVV	Exit	UNIVERSAL CORP VA	$0	–	-22,892	–	-0.31%	–
LPNT	Exit	LIFEPOINT HEALTH INC	$0	–	-22,591	–	-0.31%	–
UBS	Exit	UBS GROUP AG SHS	$0	–	-100,375	–	-0.32%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-16,150	–	-0.32%	–
SCSC	Exit	SCANSOURCE INC COM	$0	–	-39,548	–	-0.33%	–
ACM	Exit	AECOM	$0	–	-48,827	–	-0.34%	–
CUB	Exit	CUBIC CORP	$0	–	-31,350	–	-0.34%	–
NSIT	Exit	INSIGHT ENTERPRISES INC	$0	–	-45,278	–	-0.34%	–
SNV	Exit	SYNOVUS FINANCIAL CORP	$0	–	-46,046	–	-0.34%	–
DVMT	Exit	DELL TECHNOLOGIES INCcl v	$0	–	-31,815	–	-0.35%	–
WBS	Exit	WEBSTER FINANCIAL CORP	$0	–	-40,075	–	-0.35%	–
A104PS	Exit	HILTON WORLDWIDE HLDGS INC	$0	–	-67,250	–	-0.36%	–
AXE	Exit	ANIXTER INTL INC COM	$0	–	-23,909	–	-0.36%	–
STT	Exit	STATE STR CORP	$0	–	-22,400	–	-0.36%	–
EPAC	Exit	ACTUANT CORPcl a	$0	–	-67,120	–	-0.36%	–
GTS	Exit	TRIPLE-S MANAGEMENT CORPcl b	$0	–	-72,125	–	-0.36%	–
DOOR	Exit	MASONITE INTERNATIONAL CORP	$0	–	-25,831	–	-0.37%	–
INTC	Exit	INTEL CORP	$0	–	-42,475	–	-0.37%	–
HAL	Exit	HALLIBURTON CO COM	$0	–	-35,700	–	-0.37%	–
F	Exit	FORD MOTOR COMPANY	$0	–	-133,275	–	-0.37%	–
HES	Exit	HESS CORP COM	$0	–	-30,186	–	-0.37%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-38,475	–	-0.38%	–
CVE	Exit	CENOVUS ENERGY INC COM	$0	–	-115,075	–	-0.38%	–
AEL	Exit	AMERICAN EQTY INVT LIFE HLD COM	$0	–	-94,206	–	-0.38%	–
PH	Exit	PARKER HANNIFIN CORP	$0	–	-13,525	–	-0.39%	–
BKD	Exit	BROOKDALE SENIOR LIVING INC	$0	–	-97,675	–	-0.39%	–
AXS	Exit	AXIS CAPITAL HOLDINGS LTD	$0	–	-31,728	–	-0.40%	–
JOY	Exit	JOY GLOBAL INC	$0	–	-62,655	–	-0.40%	–
AER	Exit	AERCAP HOLDINGS NV	$0	–	-46,100	–	-0.41%	–
ASB	Exit	ASSOCIATED BANC-CORP	$0	–	-91,050	–	-0.41%	–
GTLS	Exit	CHART INDUSTRIES INC	$0	–	-55,750	–	-0.42%	–
GLNG	Exit	GOLAR LNG LTD	$0	–	-86,663	–	-0.42%	–
BP	Exit	BP PLCsponsored adr	$0	–	-52,382	–	-0.42%	–
DOV	Exit	DOVER CORP	$0	–	-25,150	–	-0.43%	–
GM	Exit	GENERAL MOTORS CO	$0	–	-59,000	–	-0.43%	–
SPLS	Exit	STAPLES INC	$0	–	-220,653	–	-0.44%	–
LAMR	Exit	LAMAR ADVERTISING COcl a	$0	–	-29,125	–	-0.44%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-26,625	–	-0.44%	–
MET	Exit	METLIFE INC	$0	–	-45,050	–	-0.46%	–
OMC	Exit	OMNICOM GROUP INC COM	$0	–	-23,900	–	-0.47%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-64,600	–	-0.47%	–
SPNV	Exit	SUPERIOR ENERGY SERVICES INC	$0	–	-114,975	–	-0.48%	–
COF	Exit	CAPITAL ONE FINL CORP	$0	–	-28,750	–	-0.48%	–
HPQ	Exit	HP INC	$0	–	-133,655	–	-0.48%	–
LEN	Exit	LENNAR CORPcl a	$0	–	-50,000	–	-0.49%	–
KBR	Exit	KBR INC	$0	–	-141,059	–	-0.49%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-13,500	–	-0.50%	–
AIG	Exit	AMERICAN INTERNATIONAL GROUP	$0	–	-36,850	–	-0.50%	–
MON	Exit	MONSANTO CO	$0	–	-21,435	–	-0.50%	–
BEN	Exit	FRANKLIN RESOURCES INC	$0	–	-63,450	–	-0.52%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-128,640	–	-0.53%	–
DVN	Exit	DEVON ENERGY CORP	$0	–	-54,900	–	-0.56%	–
TEVA	Exit	TEVA PHARMACEUTICAL INDS LTD	$0	–	-53,000	–	-0.56%	–
STX	Exit	SEAGATE TECHNOLOGY PLC SHS	$0	–	-65,025	–	-0.58%	–
AVT	Exit	AVNET INC	$0	–	-62,025	–	-0.59%	–
VNO	Exit	VORNADO RLTY TR SH BEN INTsh ben int	$0	–	-25,915	–	-0.60%	–
VOYA	Exit	VOYA FINL INC	$0	–	-91,675	–	-0.61%	–
UAN	Exit	CVR PARTNERS LP	$0	–	-502,664	–	-0.62%	–
MS	Exit	MORGAN STANLEY	$0	–	-86,700	–	-0.64%	–
SNR	Exit	NEW SR INVT GROUP INC	$0	–	-250,655	–	-0.67%	–
BAC	Exit	BANK OF AMERICA CORP	$0	–	-190,900	–	-0.69%	–
APA	Exit	APACHE CORP	$0	–	-47,450	–	-0.70%	–
HPE	Exit	HEWLETT PACKARD ENTERPRISE C	$0	–	-133,655	–	-0.70%	–
CVA	Exit	COVANTA HOLDING CORP	$0	–	-201,706	–	-0.72%	–
DHI	Exit	DR HORTON INC	$0	–	-104,200	–	-0.73%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCsponsored adr	$0	–	-63,048	–	-0.73%	–
TRCO	Exit	TRIBUNE MEDIA COcl a	$0	–	-88,445	–	-0.74%	–
MUR	Exit	MURPHY OIL CORP COM	$0	–	-107,025	–	-0.75%	–
DOW	Exit	DOW CHEMICAL CORP	$0	–	-63,530	–	-0.76%	–
AAL	Exit	AMERICAN AIRLINES GROUP INC	$0	–	-92,200	–	-0.78%	–
EOG	Exit	EOG RES INC COM	$0	–	-38,000	–	-0.85%	–
ON	Exit	ON SEMICONDUCTOR CORPORATION	$0	–	-313,944	–	-0.89%	–
UAL	Exit	UAL CORP	$0	–	-73,800	–	-0.89%	–
DAL	Exit	DELTA AIR LINES INC	$0	–	-98,440	–	-0.89%	–
WHR	Exit	WHIRLPOOL CORPORATION	$0	–	-25,000	–	-0.94%	–
ETN	Exit	EATON CORP PLC	$0	–	-62,676	–	-0.95%	–
OXY	Exit	OCCIDENTAL PETROLEUM	$0	–	-56,866	–	-0.96%	–
TEX	Exit	TEREX CORP	$0	–	-180,633	–	-1.06%	–
FDX	Exit	FEDEX CORPORATION	$0	–	-27,000	–	-1.09%	–
TRV	Exit	TRAVELERS COS INC/THE	$0	–	-43,000	–	-1.14%	–
PXD	Exit	PIONEER NATURAL RESOURCES CO	$0	–	-26,800	–	-1.15%	–
APC	Exit	ANADARKO PETROLEUM CORP	$0	–	-87,860	–	-1.28%	–
GLW	Exit	CORNING INC	$0	–	-239,105	–	-1.30%	–
MC	Exit	MOELIS & COcl a	$0	–	-218,337	–	-1.36%	–
CMCSA	Exit	COMCAST CORPcl a	$0	–	-89,200	–	-1.36%	–
LYB	Exit	LYONDELLBASELL INDU	$0	–	-75,000	–	-1.40%	–
AET	Exit	AETNA INC	$0	–	-53,000	–	-1.41%	–
LNC	Exit	LINCOLN NATIONAL CORP INDIANA	$0	–	-144,600	–	-1.57%	–
PFE	Exit	PFIZER INC	$0	–	-215,491	–	-1.68%	–
JPM	Exit	JPMORGAN CHASE & COMPANY	$0	–	-119,250	–	-1.83%	–
AIZ	Exit	ASSURANT INC	$0	–	-92,200	–	-1.96%	–
C	Exit	CITIGROUP INC	$0	–	-181,366	–	-1.98%	–
ORCL	Exit	ORACLE CORP	$0	–	-235,600	–	-2.14%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-173,475	–	-2.30%	–
	Exit	TORONTO DOMINION BK ONTnote 3.625% 9/1	$0	–	-84,005	–	-2.31%	–
	Exit	BANK OF NOVA SCOTIAnote 4.500%12/1	$0	–	-19,105,000	–	-4.70%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-219,000	–	-6.35%	–
	Exit	ROYAL BANK OF CANADAnote 4.650% 1/2	$0	–	-31,662,000	–	-7.99%	–

Q3 2016

			Value		Shares		↓ Weighting
GLD	Sell	SPDR GOLD TRUST	$27,515,000	-13.0%	219,000	-12.4%	6.35%	-19.3%
	New	TORONTO DOMINION BK ONTnote 3.625% 9/1	$10,030,000	–	84,005	–	2.31%	–
C	Buy	CITIGROUP INC	$8,565,000	+27.6%	181,366	+14.6%	1.98%	+18.4%
APC	Sell	ANADARKO PETROLEUM CORP	$5,566,000	+11.1%	87,860	-6.6%	1.28%	+3.1%
TEX	Buy	TEREX CORP	$4,589,000	+33.9%	180,633	+7.0%	1.06%	+24.3%
WHR	Buy	WHIRLPOOL CORPORATION	$4,054,000	+62.2%	25,000	+66.7%	0.94%	+50.6%
ON	Buy	ON SEMICONDUCTOR CORPORATION	$3,867,000	+40.3%	313,944	+0.4%	0.89%	+30.2%
EOG	Buy	EOG RES INC COM	$3,674,000	+340.5%	38,000	+280.0%	0.85%	+309.7%
DOW	Buy	DOW CHEMICAL CORP	$3,292,000	+19.6%	63,530	+14.7%	0.76%	+11.0%
RDSA	Buy	ROYAL DUTCH SHELL PLCsponsored adr	$3,156,000	-7.6%	63,048	+1.9%	0.73%	-14.4%
CVA	Buy	COVANTA HOLDING CORP	$3,104,000	+26.3%	201,706	+35.0%	0.72%	+17.2%
SNR	Sell	NEW SR INVT GROUP INC	$2,892,000	-0.4%	250,655	-7.9%	0.67%	-7.6%
UAN	Sell	CVR PARTNERS LP	$2,664,000	-35.3%	502,664	-0.3%	0.62%	-39.9%
VOYA	Buy	VOYA FINL INC	$2,642,000	+25.6%	91,675	+7.9%	0.61%	+16.6%
VNO	Sell	VORNADO RLTY TR SH BEN INTsh ben int	$2,622,000	-6.9%	25,915	-7.9%	0.60%	-13.6%
STX	Sell	SEAGATE TECHNOLOGY PLC SHS	$2,506,000	+30.3%	65,025	-17.7%	0.58%	+20.9%
GOLD	Sell	BARRICK GOLD CORP	$2,279,000	-30.8%	128,640	-16.7%	0.53%	-35.8%
MON	Buy	MONSANTO CO	$2,190,000	+206.7%	21,435	+210.4%	0.50%	+183.7%
GS	Sell	GOLDMAN SACHS GROUP INC	$2,177,000	-62.5%	13,500	-65.5%	0.50%	-65.2%
KBR	Buy	KBR INC	$2,134,000	+17.6%	141,059	+2.8%	0.49%	+9.1%
COF	New	CAPITAL ONE FINL CORP	$2,065,000	–	28,750	–	0.48%	–
MET	Buy	METLIFE INC	$2,001,000	+24.9%	45,050	+12.0%	0.46%	+16.1%
GM	Buy	GENERAL MOTORS CO	$1,874,000	+53.4%	59,000	+36.6%	0.43%	+42.1%
BP	Sell	BP PLCsponsored adr	$1,841,000	-24.8%	52,382	-24.0%	0.42%	-30.1%
GTLS	Sell	CHART INDUSTRIES INC	$1,830,000	+21.4%	55,750	-10.8%	0.42%	+12.5%
AEL	Sell	AMERICAN EQTY INVT LIFE HLD COM	$1,670,000	+13.8%	94,206	-8.5%	0.38%	+5.5%
HES	Buy	HESS CORP COM	$1,618,000	+40.5%	30,186	+57.4%	0.37%	+30.4%
DOOR	Buy	MASONITE INTERNATIONAL CORP	$1,605,000	+3.3%	25,831	+9.9%	0.37%	-4.1%
INTC	Sell	INTEL CORP	$1,603,000	-0.4%	42,475	-13.4%	0.37%	-7.5%
GTS	Buy	TRIPLE-S MANAGEMENT CORPcl b	$1,581,000	+15.7%	72,125	+28.9%	0.36%	+7.4%
EPAC	Buy	ACTUANT CORPcl a	$1,559,000	+6.9%	67,120	+4.1%	0.36%	-0.6%
A104PS	New	HILTON WORLDWIDE HLDGS INC	$1,542,000	–	67,250	–	0.36%	–
DVMT	New	DELL TECHNOLOGIES INCcl v	$1,520,000	–	31,815	–	0.35%	–
NSIT	Sell	INSIGHT ENTERPRISES INC	$1,473,000	+13.0%	45,278	-9.7%	0.34%	+4.9%
ACM	Sell	AECOM	$1,451,000	-27.4%	48,827	-22.4%	0.34%	-32.6%
SCSC	Buy	SCANSOURCE INC COM	$1,443,000	+10.6%	39,548	+12.4%	0.33%	+2.8%
XOM	Sell	EXXON MOBIL CORP	$1,409,000	-30.0%	16,150	-24.8%	0.32%	-35.0%
LPNT	New	LIFEPOINT HEALTH INC	$1,338,000	–	22,591	–	0.31%	–
UVV	Sell	UNIVERSAL CORP VA	$1,332,000	-2.6%	22,892	-3.4%	0.31%	-9.7%
KO	Sell	COCA COLA CO	$1,206,000	-28.8%	28,500	-23.7%	0.28%	-34.0%
DIOD	Sell	DIODES INC	$1,206,000	+7.2%	56,544	-5.6%	0.28%	-0.7%
EEP	Sell	ENBRIDGE ENERGY PARTNERS LP	$1,188,000	-63.0%	46,740	-66.3%	0.27%	-65.7%
AHL	Buy	ASPEN INSURANCE HOLDINGS LTD	$1,182,000	+5.3%	25,375	+4.9%	0.27%	-2.2%
OMI	Buy	OWENS & MINOR INC	$1,171,000	+75.0%	33,746	+88.5%	0.27%	+62.7%
CNO	Buy	CNO FINANCIAL GROUP	$1,102,000	+20.7%	72,189	+38.0%	0.25%	+11.9%
IOSP	Sell	INORG CHEM NEC	$1,072,000	+17.3%	17,631	-11.3%	0.25%	+8.8%
CEMP	Buy	CEMPRA INC	$1,055,000	+80.7%	43,610	+22.9%	0.24%	+67.6%
SRI	Sell	STONERIDGE INC	$993,000	+14.7%	53,983	-6.9%	0.23%	+6.5%
DAN	Sell	DANA HOLDING CORP	$984,000	+21.3%	63,165	-17.8%	0.23%	+12.4%
GOV	Sell	GOVERNMENT PROPERTIES INCOME	$980,000	-2.1%	43,350	-0.2%	0.23%	-9.2%
TRS	Buy	TRIMAS CORP	$964,000	+45.4%	51,825	+40.5%	0.22%	+34.5%
VRTS	Sell	VIRTUS INVESTMENT PARTNERS	$904,000	+25.4%	9,243	-8.9%	0.21%	+16.8%
TUP	Sell	TUPPERWARE CORP	$882,000	+1.8%	13,500	-12.3%	0.20%	-5.6%
CMCO	Sell	COLUMBUS MCKINNON CORP/NY	$852,000	-0.2%	47,789	-20.9%	0.20%	-7.1%
CAT	New	CATERPILLAR INC	$817,000	–	9,205	–	0.19%	–
ARRS	Sell	ARRIS INTL INC SHShs	$771,000	+32.2%	27,216	-2.2%	0.18%	+22.8%
ICON	Buy	ICONIX BRAND GROUP INC	$756,000	+40.3%	93,187	+16.8%	0.17%	+29.9%
TTEK	Sell	TETRA TECH INC	$725,000	-34.4%	20,456	-43.1%	0.17%	-39.3%
LXK	Buy	LEXMARK INTL GROUP INCcl a	$699,000	+35.2%	17,499	+27.7%	0.16%	+24.8%
FCEL	Buy	FUELCELL ENERGY INC	$668,000	+49.8%	123,394	+72.1%	0.15%	+38.7%
KDMN	New	KADMON HLDGS INC	$616,000	–	9,205	–	0.14%	–
KALU	Buy	KAISER ALUMINUM CORP	$562,000	+3.7%	6,500	+8.3%	0.13%	-3.7%
CRS	Sell	CARPENTER TECHNOLOGY	$550,000	-10.6%	13,336	-28.7%	0.13%	-17.0%
WLH	Buy	WILLIAM LYON HOMEScl a new	$534,000	+20.3%	28,800	+4.3%	0.12%	+11.8%
ARC	Sell	ARC DOCUMENT SOLUTIONS INC	$502,000	-15.1%	134,475	-11.6%	0.12%	-21.1%
ROCK	Sell	GIBRALTAR INDUSTRIES INC	$487,000	-63.4%	13,131	-68.9%	0.11%	-66.2%
CMTL	Buy	COMTECH TELECOMMUNICATIONS	$387,000	+43.9%	30,219	+43.9%	0.09%	+32.8%
OCIP	Sell	OCI PARTNERS LP	$387,000	-32.9%	65,496	-14.4%	0.09%	-37.8%
HTZGQ	New	HERTZ GLOBAL HLDGS INC	$330,000	–	8,220	–	0.08%	–
AGX	Sell	ARGAN INC	$283,000	-31.0%	4,789	-51.4%	0.06%	-36.3%
UFPT	Sell	UFP TECHNOLOGIES INC	$263,000	+16.4%	9,961	-1.0%	0.06%	+8.9%
THC	Buy	TENET HEALTHCARE CORP	$220,000	+0.5%	9,725	+22.7%	0.05%	-5.6%
CNMD	Buy	CONMED CORP	$220,000	-3.9%	5,503	+14.6%	0.05%	-10.5%
NNI	New	NELNET INCcl a	$213,000	–	5,300	–	0.05%	–
CTT	Buy	CATCHMARK TIMBER TR INCcl a	$163,000	+13.2%	13,960	+17.7%	0.04%	+5.6%
WAIR	New	WESCO AIRCRAFT HLDGS INC	$165,000	–	12,323	–	0.04%	–
MERC	Buy	MERCER INTL INC	$165,000	+19.6%	19,510	+12.1%	0.04%	+11.8%
MXWL	Sell	MAXWELL TECHNOLOGIES INC	$79,000	-40.2%	15,321	-38.9%	0.02%	-45.5%
KEGXQ	Exit	KEY ENERGY SERVICES INC	$0	–	-269,075	–	-0.02%	–
KTOS	Exit	KRATOS DEFENSE & SECURITY	$0	–	-14,788	–	-0.02%	–
KS	Exit	KAPSTONE PAPER AND PACKAGING	$0	–	-13,631	–	-0.04%	–
	Exit	OM ASSET MANAGEMENT PLC	$0	–	-13,600	–	-0.04%	–
PRI	Exit	PRIMERICA INC	$0	–	-4,031	–	-0.06%	–
YHOO	Exit	YAHOO! INC	$0	–	-9,810	–	-0.09%	–
HTZ	Exit	HERTZ GLOBAL HOLDINGS INC	$0	–	-41,100	–	-0.11%	–
ETP	Exit	ENERGY TRANSFER PARTNERS LPunit ltd partn	$0	–	-13,175	–	-0.12%	–
GMWSA	Exit	GENERAL MOTORSwarrant	$0	–	-54,576	–	-0.25%	–
PNC	Exit	PNC FINL SVCS GROUP INC	$0	–	-12,604	–	-0.26%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-9,825	–	-0.27%	–
BBCN	Exit	BBCN BANCORP INC	$0	–	-81,225	–	-0.30%	–

Q2 2016

			Value		Shares		↓ Weighting
	New	ROYAL BANK OF CANADAnote 4.650% 1/2	$34,112,000	–	31,662,000	–	8.48%	–
GLD	New	SPDR GOLD TRUST	$31,630,000	–	250,000	–	7.86%	–
	New	BANK OF NOVA SCOTIAnote 4.500%12/1	$20,123,000	–	19,105,000	–	5.00%	–
ORCL	New	ORACLE CORP	$9,643,000	–	235,600	–	2.40%	–
MSFT	New	MICROSOFT CORP	$8,876,000	–	173,475	–	2.21%	–
AIZ	New	ASSURANT INC	$7,957,000	–	92,200	–	1.98%	–
PFE	New	PFIZER INC	$7,587,000	–	215,491	–	1.89%	–
JPM	New	JPMORGAN CHASE & COMPANY	$7,410,000	–	119,250	–	1.84%	–
C	New	CITIGROUP INC	$6,711,000	–	158,321	–	1.67%	–
AET	New	AETNA INC	$6,472,000	–	53,000	–	1.61%	–
CMCSA	New	COMCAST CORPcl a	$5,814,000	–	89,200	–	1.45%	–
GS	New	GOLDMAN SACHS GROUP INC	$5,809,000	–	39,100	–	1.44%	–
LNC	New	LINCOLN NATIONAL CORP INDIANA	$5,606,000	–	144,600	–	1.39%	–
LYB	New	LYONDELLBASELL INDU	$5,581,000	–	75,000	–	1.39%	–
TRV	New	TRAVELERS COS INC/THE	$5,118,000	–	43,000	–	1.27%	–
APC	New	ANADARKO PETROLEUM CORP	$5,009,000	–	94,080	–	1.24%	–
MC	New	MOELIS & COcl a	$4,912,000	–	218,337	–	1.22%	–
GLW	New	CORNING INC	$4,896,000	–	239,105	–	1.22%	–
OXY	New	OCCIDENTAL PETROLEUM	$4,296,000	–	56,866	–	1.07%	–
UAN	New	CVR PARTNERS LP	$4,119,000	–	504,164	–	1.02%	–
FDX	New	FEDEX CORPORATION	$4,098,000	–	27,000	–	1.02%	–
PXD	New	PIONEER NATURAL RESOURCES CO	$4,052,000	–	26,800	–	1.01%	–
ETN	New	EATON CORP PLC	$3,743,000	–	62,676	–	0.93%	–
DAL	New	DELTA AIR LINES INC	$3,586,000	–	98,440	–	0.89%	–
TRCO	New	TRIBUNE MEDIA COcl a	$3,465,000	–	88,445	–	0.86%	–
TEX	New	TEREX CORP	$3,428,000	–	168,808	–	0.85%	–
RDSA	New	ROYAL DUTCH SHELL PLCsponsored adr	$3,417,000	–	61,890	–	0.85%	–
MUR	New	MURPHY OIL CORP COM	$3,398,000	–	107,025	–	0.84%	–
GOLD	New	BARRICK GOLD CORP	$3,295,000	–	154,350	–	0.82%	–
DHI	New	DR HORTON INC	$3,280,000	–	104,200	–	0.82%	–
EEP	New	ENBRIDGE ENERGY PARTNERS LP	$3,214,000	–	138,540	–	0.80%	–
UAL	New	UAL CORP	$3,028,000	–	73,800	–	0.75%	–
SNR	New	NEW SR INVT GROUP INC	$2,905,000	–	272,052	–	0.72%	–
VNO	New	VORNADO RLTY TR SH BEN INTsh ben int	$2,817,000	–	28,143	–	0.70%	–
ON	New	ON SEMICONDUCTOR CORPORATION	$2,757,000	–	312,675	–	0.68%	–
DOW	New	DOW CHEMICAL CORP	$2,752,000	–	55,380	–	0.68%	–
TEVA	New	TEVA PHARMACEUTICAL INDS LTD	$2,662,000	–	53,000	–	0.66%	–
APA	New	APACHE CORP	$2,641,000	–	47,450	–	0.66%	–
AAL	New	AMERICAN AIRLINES GROUP INC	$2,610,000	–	92,200	–	0.65%	–
BAC	New	BANK OF AMERICA CORP	$2,533,000	–	190,900	–	0.63%	–
AVT	New	AVNET INC	$2,512,000	–	62,025	–	0.62%	–
WHR	New	WHIRLPOOL CORPORATION	$2,499,000	–	15,000	–	0.62%	–
CVA	New	COVANTA HOLDING CORP	$2,457,000	–	149,386	–	0.61%	–
BP	New	BP PLCsponsored adr	$2,447,000	–	68,932	–	0.61%	–
HPE	New	HEWLETT PACKARD ENTERPRISE C	$2,441,000	–	133,655	–	0.61%	–
LEN	New	LENNAR CORPcl a	$2,305,000	–	50,000	–	0.57%	–
MS	New	MORGAN STANLEY	$2,252,000	–	86,700	–	0.56%	–
BEN	New	FRANKLIN RESOURCES INC	$2,117,000	–	63,450	–	0.53%	–
SPNV	New	SUPERIOR ENERGY SERVICES INC	$2,116,000	–	114,975	–	0.53%	–
VOYA	New	VOYA FINL INC	$2,104,000	–	85,000	–	0.52%	–
XOM	New	EXXON MOBIL CORP	$2,013,000	–	21,475	–	0.50%	–
ACM	New	AECOM	$1,999,000	–	62,952	–	0.50%	–
DVN	New	DEVON ENERGY CORP	$1,990,000	–	54,900	–	0.50%	–
AIG	New	AMERICAN INTERNATIONAL GROUP	$1,948,000	–	36,850	–	0.48%	–
OMC	New	OMNICOM GROUP INC COM	$1,947,000	–	23,900	–	0.48%	–
WMT	New	WAL-MART STORES INC	$1,944,000	–	26,625	–	0.48%	–
LAMR	New	LAMAR ADVERTISING COcl a	$1,930,000	–	29,125	–	0.48%	–
STX	New	SEAGATE TECHNOLOGY PLC SHS	$1,923,000	–	78,975	–	0.48%	–
SPLS	New	STAPLES INC	$1,902,000	–	220,653	–	0.47%	–
CSCO	New	CISCO SYSTEMS INC	$1,853,000	–	64,600	–	0.46%	–
KBR	New	KBR INC	$1,815,000	–	137,159	–	0.45%	–
AXS	New	AXIS CAPITAL HOLDINGS LTD	$1,745,000	–	31,728	–	0.43%	–
DOV	New	DOVER CORP	$1,743,000	–	25,150	–	0.43%	–
KO	New	COCA COLA CO	$1,693,000	–	37,350	–	0.42%	–
HPQ	New	HP INC	$1,677,000	–	133,655	–	0.42%	–
F	New	FORD MOTOR COMPANY	$1,675,000	–	133,275	–	0.42%	–
HAL	New	HALLIBURTON CO COM	$1,616,000	–	35,700	–	0.40%	–
INTC	New	INTEL CORP	$1,609,000	–	49,075	–	0.40%	–
MET	New	METLIFE INC	$1,602,000	–	40,225	–	0.40%	–
CVE	New	CENOVUS ENERGY INC COM	$1,591,000	–	115,075	–	0.40%	–
ASB	New	ASSOCIATED BANC-CORP	$1,561,000	–	91,050	–	0.39%	–
DOOR	New	MASONITE INTERNATIONAL CORP	$1,554,000	–	23,500	–	0.39%	–
AER	New	AERCAP HOLDINGS NV	$1,548,000	–	46,100	–	0.38%	–
ABT	New	ABBOTT LABORATORIES	$1,512,000	–	38,475	–	0.38%	–
BKD	New	BROOKDALE SENIOR LIVING INC	$1,508,000	–	97,675	–	0.38%	–
GTLS	New	CHART INDUSTRIES INC	$1,507,000	–	62,475	–	0.38%	–
AEL	New	AMERICAN EQTY INVT LIFE HLD COM	$1,467,000	–	102,971	–	0.36%	–
PH	New	PARKER HANNIFIN CORP	$1,461,000	–	13,525	–	0.36%	–
EPAC	New	ACTUANT CORPcl a	$1,458,000	–	64,500	–	0.36%	–
GTS	New	TRIPLE-S MANAGEMENT CORPcl b	$1,367,000	–	55,973	–	0.34%	–
UVV	New	UNIVERSAL CORP VA	$1,368,000	–	23,700	–	0.34%	–
ENH	New	ENDURANCE SPECIALTY HOLDINGS	$1,359,000	–	20,250	–	0.34%	–
WBS	New	WEBSTER FINANCIAL CORP	$1,360,000	–	40,075	–	0.34%	–
GLNG	New	GOLAR LNG LTD	$1,343,000	–	86,663	–	0.33%	–
JNJ	New	JOHNSON & JOHNSON	$1,338,000	–	11,035	–	0.33%	–
SNV	New	SYNOVUS FINANCIAL CORP	$1,334,000	–	46,046	–	0.33%	–
ROCK	New	GIBRALTAR INDUSTRIES INC	$1,331,000	–	42,179	–	0.33%	–
JOY	New	JOY GLOBAL INC	$1,324,000	–	62,655	–	0.33%	–
ESND	New	ESSENDANT INC	$1,311,000	–	42,900	–	0.33%	–
SCSC	New	SCANSOURCE INC COM	$1,305,000	–	35,191	–	0.32%	–
NSIT	New	INSIGHT ENTERPRISES INC	$1,303,000	–	50,128	–	0.32%	–
UBS	New	UBS GROUP AG SHS	$1,292,000	–	100,375	–	0.32%	–
AXE	New	ANIXTER INTL INC COM	$1,273,000	–	23,909	–	0.32%	–
CUB	New	CUBIC CORP	$1,259,000	–	31,350	–	0.31%	–
GM	New	GENERAL MOTORS CO	$1,222,000	–	43,190	–	0.30%	–
BBCN	New	BBCN BANCORP INC	$1,211,000	–	81,225	–	0.30%	–
STT	New	STATE STR CORP	$1,207,000	–	22,400	–	0.30%	–
FMBI	New	FIRST MIDWEST BANCORP INC/IL	$1,153,000	–	65,675	–	0.29%	–
HES	New	HESS CORP COM	$1,152,000	–	19,183	–	0.29%	–
DIOD	New	DIODES INC	$1,125,000	–	59,875	–	0.28%	–
AHL	New	ASPEN INSURANCE HOLDINGS LTD	$1,122,000	–	24,200	–	0.28%	–
TTEK	New	TETRA TECH INC	$1,105,000	–	35,950	–	0.28%	–
LNKD	New	LINKEDIN CORPcl a	$1,105,000	–	5,840	–	0.28%	–
SWK	New	STANLEY BLACK & DECKER INC	$1,092,000	–	9,825	–	0.27%	–
IPG	New	INTERPUBLIC GROUP COS INC	$1,089,000	–	47,150	–	0.27%	–
PNC	New	PNC FINL SVCS GROUP INC	$1,025,000	–	12,604	–	0.26%	–
GRPU	New	GRANITE REAL ESTATE INVESTMENT TRSTunit	$1,014,000	–	33,600	–	0.25%	–
GMWSA	New	GENERAL MOTORSwarrant	$1,005,000	–	54,576	–	0.25%	–
GOV	New	GOVERNMENT PROPERTIES INCOME	$1,001,000	–	43,450	–	0.25%	–
TOL	New	TOLL BROTHERS INCadr	$995,000	–	37,000	–	0.25%	–
RGA	New	REINSURANCE GROUP OF AMERICA	$969,000	–	10,000	–	0.24%	–
CNO	New	CNO FINANCIAL GROUP	$913,000	–	52,323	–	0.23%	–
IOSP	New	INORG CHEM NEC	$914,000	–	19,887	–	0.23%	–
RCII	New	RENT-A-CENTER INC	$897,000	–	73,050	–	0.22%	–
ARGO	New	ARGO GROUP INTERNATIONAL	$887,000	–	17,094	–	0.22%	–
SRI	New	STONERIDGE INC	$866,000	–	57,975	–	0.22%	–
TUP	New	TUPPERWARE CORP	$866,000	–	15,400	–	0.22%	–
BGC	New	GENERAL CABLE CORP	$851,000	–	66,975	–	0.21%	–
CMCO	New	COLUMBUS MCKINNON CORP/NY	$854,000	–	60,393	–	0.21%	–
EOG	New	EOG RES INC COM	$834,000	–	10,000	–	0.21%	–
NWSA	New	NEWS CORPcl a	$831,000	–	73,225	–	0.21%	–
DAN	New	DANA HOLDING CORP	$811,000	–	76,849	–	0.20%	–
ELECU	New	ELECTRUM SPECIAL ACQUISITION	$785,000	–	78,949	–	0.20%	–
SCHN	New	SCHNITZER STEEL INDS INCcl a	$759,000	–	43,175	–	0.19%	–
TCF	New	TCF FINANCIAL CORP	$756,000	–	59,825	–	0.19%	–
SAIC	New	SCIENCE APPLICATIONS INTE	$735,000	–	12,600	–	0.18%	–
FHN	New	FIRST HORIZON NATIONAL CORP	$726,000	–	52,700	–	0.18%	–
VRTS	New	VIRTUS INVESTMENT PARTNERS	$721,000	–	10,143	–	0.18%	–
MON	New	MONSANTO CO	$714,000	–	6,905	–	0.18%	–
WMB	New	WILLIAMS COS INC DEL COM	$692,000	–	32,005	–	0.17%	–
TNK	New	TEEKAY TANKERS LTDcl a	$693,000	–	232,650	–	0.17%	–
OMI	New	OWENS & MINOR INC	$669,000	–	17,900	–	0.17%	–
NG	New	NOVAGOLD RESOURCES INC	$667,000	–	109,110	–	0.17%	–
WSFS	New	WSFS FINANCIAL CORP	$665,000	–	20,675	–	0.16%	–
APO	New	APOLLO GLOBAL MANAGEMENT	$662,000	–	43,700	–	0.16%	–
TRS	New	TRIMAS CORP	$663,000	–	36,875	–	0.16%	–
FCNCA	New	FIRST CITIZENS BCSHScl a	$658,000	–	2,545	–	0.16%	–
GOOGL	New	ALPHABET INC CAP STK CL Acl a	$657,000	–	935	–	0.16%	–
NRG	New	NRG ENERGY INC	$634,000	–	42,341	–	0.16%	–
PSTB	New	PARK STERLING CORP	$627,000	–	88,466	–	0.16%	–
CRS	New	CARPENTER TECHNOLOGY	$615,000	–	18,696	–	0.15%	–
NWS	New	NEWS CORPcl b	$598,000	–	51,275	–	0.15%	–
ARC	New	ARC DOCUMENT SOLUTIONS INC	$591,000	–	152,175	–	0.15%	–
ARRS	New	ARRIS INTL INC SHShs	$583,000	–	27,816	–	0.14%	–
CEMP	New	CEMPRA INC	$584,000	–	35,472	–	0.14%	–
OCIP	New	OCI PARTNERS LP	$577,000	–	76,518	–	0.14%	–
GXP	New	GREAT PLAINS ENERGY INC	$550,000	–	18,100	–	0.14%	–
KALU	New	KAISER ALUMINUM CORP	$542,000	–	6,000	–	0.14%	–
BBT	New	BB&T CORP	$539,000	–	15,150	–	0.13%	–
ICON	New	ICONIX BRAND GROUP INC	$539,000	–	79,787	–	0.13%	–
LXK	New	LEXMARK INTL GROUP INCcl a	$517,000	–	13,700	–	0.13%	–
ETP	New	ENERGY TRANSFER PARTNERS LPunit ltd partn	$501,000	–	13,175	–	0.12%	–
HTZ	New	HERTZ GLOBAL HOLDINGS INC	$454,000	–	41,100	–	0.11%	–
POR	New	PORTLAND GENERAL ELECTRIC	$450,000	–	10,200	–	0.11%	–
FCEL	New	FUELCELL ENERGY INC	$446,000	–	71,712	–	0.11%	–
WLH	New	WILLIAM LYON HOMEScl a new	$444,000	–	27,600	–	0.11%	–
AGX	New	ARGAN INC	$410,000	–	9,851	–	0.10%	–
JIVE	New	JIVE SOFTWARE INC	$378,000	–	100,553	–	0.09%	–
YHOO	New	YAHOO! INC	$368,000	–	9,810	–	0.09%	–
HSC	New	HARSCO CORP	$327,000	–	49,300	–	0.08%	–
EZPW	New	EZCORP INCcl a	$310,000	–	41,100	–	0.08%	–
DRH	New	DIAMONDROCK HOSPITALITY CO	$303,000	–	33,571	–	0.08%	–
CMTL	New	COMTECH TELECOMMUNICATIONS	$269,000	–	21,000	–	0.07%	–
CNMD	New	CONMED CORP	$229,000	–	4,803	–	0.06%	–
PRI	New	PRIMERICA INC	$230,000	–	4,031	–	0.06%	–
MLR	New	MILLER INDUSTRIES INC/TENN	$225,000	–	10,973	–	0.06%	–
UFPT	New	UFP TECHNOLOGIES INC	$226,000	–	10,061	–	0.06%	–
THC	New	TENET HEALTHCARE CORP	$219,000	–	7,925	–	0.05%	–
	New	OM ASSET MANAGEMENT PLC	$181,000	–	13,600	–	0.04%	–
KS	New	KAPSTONE PAPER AND PACKAGING	$177,000	–	13,631	–	0.04%	–
GNW	New	GENWORTH FINANCIAL INCcl a	$161,000	–	62,650	–	0.04%	–
CTT	New	CATCHMARK TIMBER TR INCcl a	$144,000	–	11,860	–	0.04%	–
MERC	New	MERCER INTL INC	$138,000	–	17,410	–	0.03%	–
MXWL	New	MAXWELL TECHNOLOGIES INC	$132,000	–	25,091	–	0.03%	–
ENVA	New	ENOVA INTERNATIONAL INC-W/I	$117,000	–	16,025	–	0.03%	–
HLSWS	New	HEALTHSOUTH CORPwarrant	$86,000	–	53,352	–	0.02%	–
KTOS	New	KRATOS DEFENSE & SECURITY	$60,000	–	14,788	–	0.02%	–
KEGXQ	New	KEY ENERGY SERVICES INC	$62,000	–	269,075	–	0.02%	–
HIIQ	New	HEALTH INSURANCE INNOVATION	$58,000	–	14,859	–	0.01%	–

Q4 2015

			Value		Shares		↓ Weighting
KEGXQ	Exit	KEY ENERGY SERVICES INC	$0	–	-48,525	–	-0.01%	–
EXXIQ	Exit	ENERGY XXI LTD	$0	–	-41,000	–	-0.01%	–
HIIQ	Exit	HEALTH INSURANCE INNOVATION	$0	–	-13,659	–	-0.02%	–
CTT	Exit	CATCHMARK TIMBER TR INCcl a	$0	–	-11,614	–	-0.03%	–
MERC	Exit	MERCER INTL INC	$0	–	-13,310	–	-0.03%	–
ARC	Exit	ARC DOCUMENT SOLUTIONS INC	$0	–	-28,050	–	-0.04%	–
ENVA	Exit	ENOVA INTERNATIONAL INC-W/I	$0	–	-16,325	–	-0.04%	–
KTOS	Exit	KRATOS DEFENSE & SECURITY	$0	–	-42,888	–	-0.04%	–
ELY	Exit	CALLAWAY GOLF COMPANY	$0	–	-23,477	–	-0.05%	–
	Exit	OM ASSET MANAGEMENT PLC	$0	–	-13,600	–	-0.05%	–
ORIG	Exit	OCEAN RIG UDW INC	$0	–	-99,744	–	-0.05%	–
MLR	Exit	MILLER INDUSTRIES INC/TENN	$0	–	-10,973	–	-0.05%	–
KS	Exit	KAPSTONE PAPER AND PACKAGING	$0	–	-14,631	–	-0.06%	–
MXWL	Exit	MAXWELL TECHNOLOGIES INC	$0	–	-46,277	–	-0.06%	–
EZPW	Exit	EZCORP INCcl a	$0	–	-41,100	–	-0.06%	–
UFPT	Exit	UFP TECHNOLOGIES INC	$0	–	-12,143	–	-0.07%	–
AGX	Exit	ARGAN INC	$0	–	-8,851	–	-0.08%	–
LXK	Exit	LEXMARK INTL GROUP INCcl a	$0	–	-11,300	–	-0.08%	–
HSC	Exit	HARSCO CORP	$0	–	-37,800	–	-0.08%	–
TRS	Exit	TRIMAS CORP	$0	–	-21,100	–	-0.08%	–
DRH	Exit	DIAMONDROCK HOSPITALITY CO	$0	–	-33,571	–	-0.09%	–
POR	Exit	PORTLAND GENERAL ELECTRIC	$0	–	-10,200	–	-0.09%	–
WLH	Exit	WILLIAM LYON HOMEScl a new	$0	–	-18,900	–	-0.10%	–
NG	Exit	NOVAGOLD RESOURCES INC	$0	–	-109,110	–	-0.10%	–
KALU	Exit	KAISER ALUMINUM CORP	$0	–	-5,100	–	-0.10%	–
BKEP	Exit	BLUEKNIGHT ENERGY PARTNERS LP	$0	–	-73,022	–	-0.10%	–
PRI	Exit	PRIMERICA INC	$0	–	-9,431	–	-0.10%	–
NAT	Exit	NORDIC AMERICAN TANKERS LTD	$0	–	-27,985	–	-0.10%	–
CEMP	Exit	CEMPRA INC	$0	–	-15,497	–	-0.11%	–
GTLS	Exit	CHART INDUSTRIES INC	$0	–	-22,875	–	-0.11%	–
LENB	Exit	LENNAR CORPcl b	$0	–	-11,434	–	-0.11%	–
JIVE	Exit	JIVE SOFTWARE INC	$0	–	-100,553	–	-0.12%	–
TPC	Exit	TUTOR PERINI CORP	$0	–	-29,900	–	-0.12%	–
SAIC	Exit	SCIENCE APPLICATIONS INTE	$0	–	-12,200	–	-0.12%	–
GXP	Exit	GREAT PLAINS ENERGY INC	$0	–	-18,500	–	-0.12%	–
FCNCA	Exit	FIRST CITIZENS BCSHScl a	$0	–	-2,345	–	-0.13%	–
MWW	Exit	MONSTER WORLDWIDE INC	$0	–	-85,550	–	-0.14%	–
GOOG	Exit	GOOGLE INCcl c	$0	–	-937	–	-0.14%	–
FCEL	Exit	FUELCELL ENERGY INC	$0	–	-774,276	–	-0.14%	–
SCHN	Exit	SCHNITZER STEEL INDS INCcl a	$0	–	-43,175	–	-0.14%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-935	–	-0.15%	–
PSTB	Exit	PARK STERLING CORP	$0	–	-88,466	–	-0.15%	–
PHH	Exit	PHH CORP	$0	–	-43,425	–	-0.15%	–
TUP	Exit	TUPPERWARE CORP	$0	–	-12,500	–	-0.15%	–
NRG	Exit	NRG ENERGY INC	$0	–	-42,341	–	-0.16%	–
AR	Exit	ANTERO RESOURCES CORP	$0	–	-30,000	–	-0.16%	–
GOV	Exit	GOVERNMENT PROPERTIES INCOME	$0	–	-39,851	–	-0.16%	–
TNK	Exit	TEEKAY TANKERS LTDcl a	$0	–	-92,750	–	-0.16%	–
VRTS	Exit	VIRTUS INVESTMENT PARTNERS	$0	–	-6,376	–	-0.16%	–
FHN	Exit	FIRST HORIZON NATIONAL CORP	$0	–	-50,200	–	-0.18%	–
SFG	Exit	STANCORP FINANCIAL GROUP	$0	–	-6,250	–	-0.18%	–
SYA	Exit	SYMETRA FINANCIAL CORP	$0	–	-22,700	–	-0.18%	–
CRS	Exit	CARPENTER TECHNOLOGY	$0	–	-24,596	–	-0.18%	–
WSFS	Exit	WSFS FINANCIAL CORP	$0	–	-26,500	–	-0.19%	–
ELECU	Exit	ELECTRUM SPECIAL ACQUISITION	$0	–	-78,949	–	-0.19%	–
CMCO	Exit	COLUMBUS MCKINNON CORP/NY	$0	–	-43,018	–	-0.19%	–
DOV	Exit	DOVER CORP	$0	–	-13,750	–	-0.20%	–
TECK	Exit	TECK COMINCO LTDcl b	$0	–	-166,755	–	-0.20%	–
BGC	Exit	GENERAL CABLE CORP	$0	–	-66,975	–	-0.20%	–
APO	Exit	APOLLO GLOBAL MANAGEMENT	$0	–	-47,300	–	-0.20%	–
BHI	Exit	BAKER HUGHES INC	$0	–	-15,775	–	-0.20%	–
ARRS	Exit	ARRIS CORP	$0	–	-32,816	–	-0.21%	–
GNW	Exit	GENWORTH FINANCIAL INCcl a	$0	–	-186,375	–	-0.21%	–
WMB	Exit	WILLIAMS COS INC DEL	$0	–	-23,375	–	-0.21%	–
CRAY	Exit	CRAY INC	$0	–	-44,484	–	-0.22%	–
CUB	Exit	CUBIC CORP	$0	–	-21,675	–	-0.22%	–
RCII	Exit	RENT-A-CENTER INC	$0	–	-37,800	–	-0.23%	–
NWSA	Exit	NEWS CORPcl a	$0	–	-73,225	–	-0.23%	–
ICON	Exit	ICONIX BRAND GROUP INC	$0	–	-68,987	–	-0.23%	–
OCIP	Exit	OCI PARTNERS LP	$0	–	-94,800	–	-0.24%	–
GRPU	Exit	GRANITE REAL ESTATE INVESTMENT TRSTunit	$0	–	-34,000	–	-0.24%	–
BRC	Exit	BRADY CORPORATIONcl a	$0	–	-49,725	–	-0.24%	–
ESND	Exit	ESSENDANT INC	$0	–	-30,850	–	-0.25%	–
TCF	Exit	TCF FINANCIAL CORP	$0	–	-66,500	–	-0.25%	–
MATW	Exit	MATTHEWS INTL CORPcl a	$0	–	-20,750	–	-0.25%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-11,035	–	-0.26%	–
BXLT	Exit	BAXALTA INC	$0	–	-33,250	–	-0.26%	–
KBR	Exit	KBR INC	$0	–	-64,700	–	-0.27%	–
ARGO	Exit	ARGO GROUP INTERNATIONAL	$0	–	-19,140	–	-0.27%	–
YHOO	Exit	YAHOO! INC	$0	–	-37,765	–	-0.27%	–
BAX	Exit	BAXTER INTL	$0	–	-33,250	–	-0.27%	–
GMWSA	Exit	GENERAL MOTORSwarrant	$0	–	-54,576	–	-0.28%	–
LNKD	Exit	LINKEDIN CORPcl a	$0	–	-5,845	–	-0.28%	–
IOSP	Exit	INORG CHEM NEC	$0	–	-24,028	–	-0.28%	–
CNW	Exit	CON-WAY INC	$0	–	-25,175	–	-0.30%	–
IPG	Exit	INTERPUBLIC GROUP COS INC	$0	–	-64,225	–	-0.30%	–
AHL	Exit	ASPEN INSURANCE HOLDINGS LTD	$0	–	-26,650	–	-0.31%	–
GTS	Exit	TRIPLE-S MANAGEMENT CORPcl b	$0	–	-69,873	–	-0.31%	–
FMBI	Exit	FIRST MIDWEST BANCORP INC/IL	$0	–	-71,550	–	-0.31%	–
NSIT	Exit	INSIGHT ENTERPRISES INC	$0	–	-49,918	–	-0.32%	–
TTEK	Exit	TETRA TECH INC	$0	–	-53,275	–	-0.32%	–
GM	Exit	GENERAL MOTORS CO	$0	–	-43,190	–	-0.32%	–
UVV	Exit	UNIVERSAL CORP VA	$0	–	-26,200	–	-0.32%	–
PH	Exit	PARKER HANNIFIN CORP	$0	–	-13,525	–	-0.33%	–
SRI	Exit	STONERIDGE INC	$0	–	-107,275	–	-0.33%	–
NWS	Exit	NEWS CORPcl b	$0	–	-103,975	–	-0.33%	–
WBS	Exit	WEBSTER FINANCIAL CORP	$0	–	-38,225	–	-0.34%	–
DAN	Exit	DANA HOLDING CORP	$0	–	-85,474	–	-0.34%	–
ASB	Exit	ASSOCIATED BANC-CORP	$0	–	-76,325	–	-0.34%	–
NPBC	Exit	NATL PENN BCSHS INC	$0	–	-117,750	–	-0.34%	–
DOOR	Exit	MASONITE INTERNATIONAL CORP	$0	–	-23,400	–	-0.35%	–
SNV	Exit	SYNOVUS FINANCIAL CORP	$0	–	-48,146	–	-0.35%	–
EPAC	Exit	ACTUANT CORPcl a	$0	–	-78,500	–	-0.36%	–
LEN	Exit	LENNAR CORPcl a	$0	–	-30,000	–	-0.36%	–
ENH	Exit	ENDURANCE SPECIALTY HOLDINGS	$0	–	-23,675	–	-0.36%	–
OMI	Exit	OWENS & MINOR INC	$0	–	-45,275	–	-0.36%	–
WHR	Exit	WHIRLPOOL CORPORATION	$0	–	-10,000	–	-0.36%	–
INTC	Exit	INTEL CORP	$0	–	-49,075	–	-0.37%	–
CNO	Exit	CNO FINANCIAL GROUP	$0	–	-78,723	–	-0.37%	–
BBCN	Exit	BBCN BANCORP INC	$0	–	-99,300	–	-0.37%	–
KO	Exit	COCA COLA CO	$0	–	-37,350	–	-0.37%	–
TECD	Exit	TECH DATA CORP	$0	–	-21,850	–	-0.37%	–
TRCO	Exit	TRIBUNE MEDIA COcl a	$0	–	-42,650	–	-0.38%	–
DIOD	Exit	DIODES INC	$0	–	-71,400	–	-0.38%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-38,475	–	-0.38%	–
HTZ	Exit	HERTZ GLOBAL HOLDINGS INC	$0	–	-92,925	–	-0.38%	–
CI	Exit	CIGNA CORP	$0	–	-11,800	–	-0.40%	–
GLNG	Exit	GOLAR LNG LTD	$0	–	-57,318	–	-0.40%	–
STT	Exit	STATE STR CORP	$0	–	-23,950	–	-0.40%	–
VOYA	Exit	VOYA FINL INC	$0	–	-42,375	–	-0.41%	–
ACM	Exit	AECOM	$0	–	-59,677	–	-0.41%	–
ROCK	Exit	GIBRALTAR INDUSTRIES INC	$0	–	-90,754	–	-0.41%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-18,400	–	-0.44%	–
PNC	Exit	PNC FINL SVCS GROUP INC	$0	–	-20,244	–	-0.45%	–
SPNV	Exit	SUPERIOR ENERGY SERVICES INC	$0	–	-145,425	–	-0.46%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-70,000	–	-0.46%	–
ENLK	Exit	ENLINK MIDSTREAM PARTNERS LP	$0	–	-120,000	–	-0.47%	–
MET	Exit	METLIFE INC	$0	–	-40,225	–	-0.47%	–
F	Exit	FORD MOTOR COMPANY	$0	–	-140,475	–	-0.47%	–
AER	Exit	AERCAP HOLDINGS NV	$0	–	-50,000	–	-0.47%	–
BEN	Exit	FRANKLIN RESOURCES INC	$0	–	-51,600	–	-0.48%	–
MS	Exit	MORGAN STANLEY	$0	–	-62,300	–	-0.49%	–
UBS	Exit	UBS GROUP AG SHS	$0	–	-111,275	–	-0.51%	–
OMC	Exit	OMNICOM GROUP INC COM	$0	–	-31,250	–	-0.51%	–
BKD	Exit	BROOKDALE SENIOR LIVING INC	$0	–	-90,810	–	-0.52%	–
AXS	Exit	AXIS CAPITAL HOLDINGS LTD	$0	–	-39,303	–	-0.52%	–
DVN	Exit	DEVON ENERGY CORP	$0	–	-59,500	–	-0.55%	–
TEX	Exit	TEREX CORP	$0	–	-126,475	–	-0.56%	–
LAMR	Exit	LAMAR ADVERTISING COcl a	$0	–	-46,025	–	-0.60%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-37,825	–	-0.61%	–
BP	Exit	BP PLCsponsored adr	$0	–	-80,207	–	-0.61%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-34,200	–	-0.63%	–
DOW	Exit	DOW CHEMICAL CORP	$0	–	-60,045	–	-0.63%	–
UAN	Exit	CVR PARTNERS LP	$0	–	-272,600	–	-0.63%	–
SPLS	Exit	STAPLES INC	$0	–	-220,653	–	-0.64%	–
CVA	Exit	COVANTA HOLDING CORP	$0	–	-149,386	–	-0.65%	–
RGA	Exit	REINSURANCE GROUP OF AMERICA	$0	–	-29,200	–	-0.66%	–
MWE	Exit	MARKWEST ENERGY PARTNERS LPunit ltd partn	$0	–	-64,200	–	-0.68%	–
AIG	Exit	AMERICAN INTERNATIONAL GROUP	$0	–	-48,600	–	-0.68%	–
BAC	Exit	BANK OF AMERICA CORP	$0	–	-178,100	–	-0.69%	–
SNR	Exit	NEW SR INVT GROUP INC	$0	–	-272,052	–	-0.70%	–
TLLP	Exit	TESORO LOGISTICS LP	$0	–	-63,838	–	-0.71%	–
APA	Exit	APACHE CORP	$0	–	-79,500	–	-0.77%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCsponsored adr	$0	–	-66,242	–	-0.78%	–
PHM	Exit	PULTE CORP	$0	–	-170,000	–	-0.80%	–
ETN	Exit	EATON CORP PLC	$0	–	-62,676	–	-0.80%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-521,004	–	-0.82%	–
DHI	Exit	DR HORTON INC	$0	–	-113,000	–	-0.82%	–
ON	Exit	ON SEMICONDUCTOR CORPORATION	$0	–	-357,650	–	-0.83%	–
HPQ	Exit	HEWLETT-PACKARED CO	$0	–	-133,655	–	-0.85%	–
RNF	Exit	RENTECH NITROGEN PARTNERS LP	$0	–	-292,650	–	-0.86%	–
PXD	Exit	PIONEER NATURAL RESOURCES CO	$0	–	-29,000	–	-0.88%	–
FDX	Exit	FEDEX CORPORATION	$0	–	-25,000	–	-0.89%	–
AAL	Exit	AMERICAN AIRLINES GROUP INC	$0	–	-100,000	–	-0.96%	–
AVT	Exit	AVNET INC	$0	–	-91,500	–	-0.97%	–
GLBL	Exit	TERRAFORM GLOBAL INCcl a	$0	–	-600,000	–	-0.99%	–
UAL	Exit	UAL CORP	$0	–	-80,000	–	-1.05%	–
FCEA	Exit	FOREST CITY ENTERPRISEScl a	$0	–	-214,202	–	-1.07%	–
LYB	Exit	LYONDELLBASELL INDU	$0	–	-55,000	–	-1.14%	–
OXY	Exit	OCCIDENTAL PETROLEUM	$0	–	-79,586	–	-1.30%	–
EEP	Exit	ENBRIDGE ENERGY PARTNERS LP	$0	–	-220,000	–	-1.35%	–
EPD	Exit	ENTERPRISE PRODUCTS PARTNERS	$0	–	-227,700	–	-1.41%	–
CMCSK	Exit	COMCAST CORPcl a	$0	–	-100,000	–	-1.42%	–
MC	Exit	MOELIS & COcl a	$0	–	-218,337	–	-1.42%	–
PFE	Exit	PFIZER INC	$0	–	-191,691	–	-1.49%	–
ETP	Exit	ENERGY TRANSFER PARTNERS LPunit ltd partn	$0	–	-150,700	–	-1.54%	–
DAL	Exit	DELTA AIR LINES INC	$0	–	-139,280	–	-1.55%	–
TRV	Exit	TRAVELERS COS INC/THE	$0	–	-63,200	–	-1.56%	–
APC	Exit	ANADARKO PETROLEUM CORP	$0	–	-104,780	–	-1.57%	–
PAA	Exit	PLAIMS ALL AMER PIPELINE LPunit ltd partn	$0	–	-208,900	–	-1.57%	–
AET	Exit	AETNA INC	$0	–	-62,000	–	-1.68%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-41,425	–	-1.78%	–
C	Exit	CITIGROUP INC	$0	–	-153,471	–	-1.89%	–
AIZ	Exit	ASSURANT INC	$0	–	-100,000	–	-1.96%	–
ORCL	Exit	ORACLE CORP	$0	–	-223,225	–	-2.00%	–
LNC	Exit	LINCOLN NATIONAL CORP INDIANA	$0	–	-173,000	–	-2.04%	–
JPM	Exit	JPMORGAN CHASE & COMPANY	$0	–	-153,150	–	-2.32%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-235,501	–	-2.58%	–
WPZ	Exit	WILLIAMS PARTNERS LP	$0	–	-335,000	–	-2.65%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-250,000	–	-6.62%	–

Q3 2015

			Value		Shares		↓ Weighting
WPZ	Buy	WILLIAMS PARTNERS LP	$10,693,000	+10.4%	335,000	+67.5%	2.65%	+20.1%
C	Sell	CITIGROUP INC	$7,613,000	-15.0%	153,471	-5.4%	1.89%	-7.5%
PAA	Buy	PLAIMS ALL AMER PIPELINE LPunit ltd partn	$6,346,000	+82.1%	208,900	+161.1%	1.57%	+98.2%
APC	Buy	ANADARKO PETROLEUM CORP	$6,327,000	+8.1%	104,780	+39.7%	1.57%	+17.6%
TRV	Sell	TRAVELERS COS INC/THE	$6,290,000	+2.0%	63,200	-0.9%	1.56%	+11.0%
ETP	Buy	ENERGY TRANSFER PARTNERS LPunit ltd partn	$6,189,000	+56.6%	150,700	+99.1%	1.54%	+70.4%
EPD	Buy	ENTERPRISE PRODUCTS PARTNERS	$5,669,000	+47.7%	227,700	+77.3%	1.41%	+60.7%
FCEA	Buy	FOREST CITY ENTERPRISEScl a	$4,311,000	+17.3%	214,202	+28.8%	1.07%	+27.6%
GLBL	New	TERRAFORM GLOBAL INCcl a	$3,996,000	–	600,000	–	0.99%	–
AVT	Buy	AVNET INC	$3,905,000	+17.2%	91,500	+12.9%	0.97%	+27.4%
RNF	Sell	RENTECH NITROGEN PARTNERS LP	$3,453,000	-21.5%	292,650	-4.9%	0.86%	-14.7%
ON	Buy	ON SEMICONDUCTOR CORPORATION	$3,361,000	-8.1%	357,650	+14.4%	0.83%	0.0%
GOLD	Buy	BARRICK GOLD CORP	$3,313,000	-28.2%	521,004	+20.4%	0.82%	-21.8%
ETN	Sell	EATON CORP PLC	$3,215,000	-36.8%	62,676	-16.9%	0.80%	-31.3%
RDSA	Buy	ROYAL DUTCH SHELL PLCsponsored adr	$3,139,000	+45.7%	66,242	+75.2%	0.78%	+58.5%
TLLP	Buy	TESORO LOGISTICS LP	$2,872,000	+239.5%	63,838	+330.8%	0.71%	+268.9%
CVA	Sell	COVANTA HOLDING CORP	$2,606,000	-53.4%	149,386	-43.4%	0.65%	-49.3%
SPLS	Buy	STAPLES INC	$2,588,000	-11.6%	220,653	+15.3%	0.64%	-3.7%
UAN	Buy	CVR PARTNERS LP	$2,548,000	-24.9%	272,600	+1.5%	0.63%	-18.2%
DOW	Sell	DOW CHEMICAL CORP	$2,545,000	-28.3%	60,045	-13.4%	0.63%	-22.0%
XOM	Buy	EXXON MOBIL CORP	$2,542,000	+15.4%	34,200	+29.2%	0.63%	+25.5%
WMT	Buy	WAL-MART STORES INC	$2,452,000	+17.6%	37,825	+28.7%	0.61%	+28.0%
BP	Sell	BP PLCsponsored adr	$2,451,000	-33.4%	80,207	-12.9%	0.61%	-27.5%
TEX	Buy	TEREX CORP	$2,268,000	-17.8%	126,475	+6.6%	0.56%	-10.7%
AXS	Sell	AXIS CAPITAL HOLDINGS LTD	$2,111,000	-10.6%	39,303	-11.2%	0.52%	-2.8%
BKD	Buy	BROOKDALE SENIOR LIVING INC	$2,084,000	+8.6%	90,810	+64.2%	0.52%	+18.3%
OMC	Buy	OMNICOM GROUP INC COM	$2,059,000	+9.9%	31,250	+15.8%	0.51%	+19.7%
BEN	Buy	FRANKLIN RESOURCES INC	$1,922,000	-13.1%	51,600	+14.4%	0.48%	-5.4%
ENLK	Buy	ENLINK MIDSTREAM PARTNERS LP	$1,891,000	-4.4%	120,000	+33.3%	0.47%	+4.0%
SPNV	Buy	SUPERIOR ENERGY SERVICES INC	$1,836,000	-26.7%	145,425	+22.2%	0.46%	-20.3%
VOYA	Sell	VOYA FINL INC	$1,642,000	-24.4%	42,375	-9.4%	0.41%	-17.8%
CI	Sell	CIGNA CORP	$1,593,000	-42.2%	11,800	-30.6%	0.40%	-37.1%
DIOD	Buy	DIODES INC	$1,525,000	+32.1%	71,400	+49.1%	0.38%	+43.7%
TRCO	Buy	TRIBUNE MEDIA COcl a	$1,518,000	-20.1%	42,650	+19.7%	0.38%	-13.2%
TECD	Sell	TECH DATA CORP	$1,496,000	-5.1%	21,850	-20.3%	0.37%	+3.3%
BBCN	Buy	BBCN BANCORP INC	$1,491,000	+13.6%	99,300	+11.9%	0.37%	+23.7%
CNO	Sell	CNO FINANCIAL GROUP	$1,480,000	-10.7%	78,723	-12.8%	0.37%	-2.9%
EPAC	Buy	ACTUANT CORPcl a	$1,443,000	+2.0%	78,500	+28.1%	0.36%	+10.8%
ENH	Buy	ENDURANCE SPECIALTY HOLDINGS	$1,444,000	+10.9%	23,675	+19.4%	0.36%	+20.5%
SNV	Sell	SYNOVUS FINANCIAL CORP	$1,425,000	-8.7%	48,146	-4.9%	0.35%	-0.8%
DAN	Buy	DANA HOLDING CORP	$1,357,000	+8.9%	85,474	+41.2%	0.34%	+18.7%
UVV	New	UNIVERSAL CORP VA	$1,298,000	–	26,200	–	0.32%	–
GM	Sell	GENERAL MOTORS CO	$1,296,000	-48.9%	43,190	-43.3%	0.32%	-44.5%
GTS	Buy	TRIPLE-S MANAGEMENT CORPcl b	$1,244,000	-0.9%	69,873	+42.8%	0.31%	+7.7%
AHL	Buy	ASPEN INSURANCE HOLDINGS LTD	$1,238,000	+17.8%	26,650	+21.4%	0.31%	+27.9%
CNW	Buy	CON-WAY INC	$1,194,000	+75.1%	25,175	+41.6%	0.30%	+91.0%
IOSP	Sell	INORG CHEM NEC	$1,117,000	+2.9%	24,028	-0.4%	0.28%	+11.7%
LNKD	New	LINKEDIN CORPcl a	$1,111,000	–	5,845	–	0.28%	–
YHOO	Buy	YAHOO! INC	$1,091,000	+48.6%	37,765	+102.0%	0.27%	+62.3%
KBR	Buy	KBR INC	$1,077,000	-14.4%	64,700	+0.2%	0.27%	-7.0%
BXLT	New	BAXALTA INC	$1,047,000	–	33,250	–	0.26%	–
JNJ	New	JOHNSON & JOHNSON	$1,030,000	–	11,035	–	0.26%	–
GRPU	Buy	GRANITE REAL ESTATE INVESTMENT TRSTunit	$957,000	-6.5%	34,000	+13.3%	0.24%	+1.7%
ICON	Buy	ICONIX BRAND GROUP INC	$932,000	+31.5%	68,987	+142.9%	0.23%	+42.6%
NWSA	Sell	NEWS CORPcl a	$924,000	-66.7%	73,225	-61.5%	0.23%	-63.8%
WMB	New	WILLIAMS COS INC DEL	$861,000	–	23,375	–	0.21%	–
BHI	Sell	BAKER HUGHES INC	$820,000	-35.3%	15,775	-23.2%	0.20%	-29.8%
TECK	Buy	TECK COMINCO LTDcl b	$800,000	-17.1%	166,755	+71.1%	0.20%	-10.0%
DOV	New	DOVER CORP	$786,000	–	13,750	–	0.20%	–
WSFS	Buy	WSFS FINANCIAL CORP	$763,000	+47.9%	26,500	+40.2%	0.19%	+60.2%
CRS	Buy	CARPENTER TECHNOLOGY	$732,000	-16.8%	24,596	+8.0%	0.18%	-9.5%
SYA	Sell	SYMETRA FINANCIAL CORP	$718,000	-7.9%	22,700	-29.7%	0.18%	0.0%
SFG	Sell	STANCORP FINANCIAL GROUP	$713,000	-49.8%	6,250	-66.8%	0.18%	-45.4%
VRTS	Buy	VIRTUS INVESTMENT PARTNERS	$640,000	-1.4%	6,376	+29.9%	0.16%	+7.4%
GOV	Buy	GOVERNMENT PROPERTIES INCOME	$637,000	-7.4%	39,851	+7.4%	0.16%	+0.6%
TNK	Buy	TEEKAY TANKERS LTDcl a	$639,000	+8.1%	92,750	+3.6%	0.16%	+17.0%
NRG	Buy	NRG ENERGY INC	$628,000	-20.3%	42,341	+22.9%	0.16%	-13.3%
TUP	Buy	TUPPERWARE CORP	$618,000	-12.8%	12,500	+13.6%	0.15%	-5.6%
PSTB	Sell	PARK STERLING CORP	$601,000	-6.1%	88,466	-0.6%	0.15%	+2.1%
FCEL	Buy	FUELCELL ENERGY INC	$568,000	-4.7%	774,276	+26.8%	0.14%	+3.7%
GXP	Buy	GREAT PLAINS ENERGY INC	$499,000	+12.9%	18,500	+1.1%	0.12%	+22.8%
SAIC	Buy	SCIENCE APPLICATIONS INTE	$490,000	-6.3%	12,200	+23.2%	0.12%	+2.5%
LENB	Sell	LENNAR CORPcl b	$452,000	-9.1%	11,434	-0.9%	0.11%	-0.9%
GTLS	Buy	CHART INDUSTRIES INC	$439,000	-19.4%	22,875	+50.0%	0.11%	-12.1%
NAT	Sell	NORDIC AMERICAN TANKERS LTD	$425,000	-40.6%	27,985	-44.3%	0.10%	-35.6%
BKEP	Buy	BLUEKNIGHT ENERGY PARTNERS LP	$412,000	-22.4%	73,022	+2.8%	0.10%	-15.7%
KALU	Sell	KAISER ALUMINUM CORP	$409,000	-33.4%	5,100	-31.1%	0.10%	-27.9%
NG	Sell	NOVAGOLD RESOURCES INC	$393,000	-47.3%	109,110	-50.0%	0.10%	-42.9%
WLH	Sell	WILLIAM LYON HOMEScl a new	$389,000	-20.1%	18,900	-0.5%	0.10%	-13.5%
HSC	Buy	HARSCO CORP	$342,000	-30.6%	37,800	+26.4%	0.08%	-24.1%
TRS	Sell	TRIMAS CORP	$344,000	-74.3%	21,100	-53.3%	0.08%	-72.1%
LXK	Buy	LEXMARK INTL GROUP INCcl a	$327,000	-24.5%	11,300	+15.3%	0.08%	-18.2%
AGX	Buy	ARGAN INC	$306,000	+3.4%	8,851	+20.4%	0.08%	+13.4%
KS	Buy	KAPSTONE PAPER AND PACKAGING	$241,000	-17.5%	14,631	+15.8%	0.06%	-10.4%
	Sell	OM ASSET MANAGEMENT PLC	$209,000	-14.0%	13,600	-0.7%	0.05%	-5.5%
ELY	Sell	CALLAWAY GOLF COMPANY	$196,000	-12.1%	23,477	-6.0%	0.05%	-3.9%
KTOS	Buy	KRATOS DEFENSE & SECURITY	$180,000	-29.1%	42,888	+6.2%	0.04%	-22.4%
ENVA	Buy	ENOVA INTERNATIONAL INC-W/I	$166,000	-37.1%	16,325	+15.2%	0.04%	-31.7%
MERC	New	MERCER INTL INC	$133,000	–	13,310	–	0.03%	–
CTT	New	CATCHMARK TIMBER TR INCcl a	$119,000	–	11,614	–	0.03%	–
HIIQ	Buy	HEALTH INSURANCE INNOVATION	$68,000	+19.3%	13,659	+18.2%	0.02%	+30.8%
EXXIQ	Sell	ENERGY XXI LTD	$43,000	-66.9%	41,000	-17.3%	0.01%	-63.3%
CASLQ	Exit	CASTLE (A.M.) & CO	$0	–	-11,100	–	-0.02%	–
NNI	Exit	NELNET INCcl a	$0	–	-5,400	–	-0.05%	–
CSH	Exit	CASH AMERICA INTL INC	$0	–	-9,000	–	-0.05%	–
THC	Exit	TENET HEALTHCARE CORP	$0	–	-4,925	–	-0.06%	–
GFF	Exit	GRIFFON CORPORATION	$0	–	-31,994	–	-0.12%	–
PF	Exit	PINNACLE FOODS INC	$0	–	-13,850	–	-0.14%	–
IP	Exit	INTERNATIONAL PAPER CO.	$0	–	-15,360	–	-0.17%	–
OC	Exit	OWENS CORNING	$0	–	-23,150	–	-0.22%	–
QEPM	Exit	QEP MIDSTREAM PARTNERS LP	$0	–	-136,800	–	-0.55%	–

Q2 2015

			Value		Shares		↓ Weighting
GLD	New	SPDR GOLD TRUST	$28,092,000	–	250,000	–	6.40%	–
MSFT	New	MICROSOFT CORP	$10,397,000	–	235,501	–	2.37%	–
JPM	New	JPMORGAN CHASE & COMPANY	$10,377,000	–	153,150	–	2.36%	–
LNC	New	LINCOLN NATIONAL CORP INDIANA	$10,245,000	–	173,000	–	2.34%	–
WPZ	New	WILLIAMS PARTNERS LP	$9,686,000	–	200,000	–	2.21%	–
ORCL	New	ORACLE CORP	$8,995,000	–	223,225	–	2.05%	–
C	New	CITIGROUP INC	$8,957,000	–	162,161	–	2.04%	–
GS	New	GOLDMAN SACHS GROUP INC	$8,649,000	–	41,425	–	1.97%	–
AET	New	AETNA INC	$7,902,000	–	62,000	–	1.80%	–
EEP	New	ENBRIDGE ENERGY PARTNERS LP	$7,332,000	–	220,000	–	1.67%	–
AIZ	New	ASSURANT INC	$6,700,000	–	100,000	–	1.53%	–
PFE	New	PFIZER INC	$6,427,000	–	191,691	–	1.46%	–
MC	New	MOELIS & COcl a	$6,268,000	–	218,337	–	1.43%	–
OXY	New	OCCIDENTAL PETROLEUM	$6,189,000	–	79,586	–	1.41%	–
TRV	New	TRAVELERS COS INC/THE	$6,166,000	–	63,800	–	1.41%	–
CMCSK	New	COMCAST CORPcl a	$5,994,000	–	100,000	–	1.37%	–
APC	New	ANADARKO PETROLEUM CORP	$5,854,000	–	75,000	–	1.33%	–
DAL	New	DELTA AIR LINES INC	$5,721,000	–	139,280	–	1.30%	–
LYB	New	LYONDELLBASELL INDU	$5,693,000	–	55,000	–	1.30%	–
CVA	New	COVANTA HOLDING CORP	$5,590,000	–	263,804	–	1.27%	–
ETN	New	EATON CORP PLC	$5,088,000	–	75,396	–	1.16%	–
GOLD	New	BARRICK GOLD CORP	$4,612,000	–	432,679	–	1.05%	–
APA	New	APACHE CORP	$4,581,000	–	79,500	–	1.04%	–
RNF	New	RENTECH NITROGEN PARTNERS LP	$4,399,000	–	307,650	–	1.00%	–
FDX	New	FEDEX CORPORATION	$4,260,000	–	25,000	–	0.97%	–
UAL	New	UAL CORP	$4,240,000	–	80,000	–	0.97%	–
PXD	New	PIONEER NATURAL RESOURCES CO	$4,022,000	–	29,000	–	0.92%	–
HPQ	New	HEWLETT-PACKARED CO	$4,010,000	–	133,655	–	0.91%	–
AAL	New	AMERICAN AIRLINES GROUP INC	$3,993,000	–	100,000	–	0.91%	–
ETP	New	ENERGY TRANSFER PARTNERS LPunit ltd partn	$3,951,000	–	75,700	–	0.90%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$3,837,000	–	128,400	–	0.88%	–
BP	New	BP PLCsponsored adr	$3,679,000	–	92,082	–	0.84%	–
FCEA	New	FOREST CITY ENTERPRISEScl a	$3,676,000	–	166,367	–	0.84%	–
ON	New	ON SEMICONDUCTOR CORPORATION	$3,656,000	–	312,750	–	0.83%	–
SNR	New	NEW SR INVT GROUP INC	$3,637,000	–	272,052	–	0.83%	–
MWE	New	MARKWEST ENERGY PARTNERS LPunit ltd partn	$3,619,000	–	64,200	–	0.82%	–
DOW	New	DOW CHEMICAL CORP	$3,548,000	–	69,355	–	0.81%	–
DVN	New	DEVON ENERGY CORP	$3,539,000	–	59,500	–	0.81%	–
PAA	New	PLAIMS ALL AMER PIPELINE LPunit ltd partn	$3,485,000	–	80,000	–	0.79%	–
PHM	New	PULTE CORP	$3,425,000	–	170,000	–	0.78%	–
UAN	New	CVR PARTNERS LP	$3,392,000	–	268,600	–	0.77%	–
AVT	New	AVNET INC	$3,332,000	–	81,075	–	0.76%	–
DHI	New	DR HORTON INC	$3,091,000	–	113,000	–	0.70%	–
BAC	New	BANK OF AMERICA CORP	$3,031,000	–	178,100	–	0.69%	–
AIG	New	AMERICAN INTERNATIONAL GROUP	$3,004,000	–	48,600	–	0.68%	–
SPLS	New	STAPLES INC	$2,928,000	–	191,298	–	0.67%	–
NWSA	New	NEWS CORPcl a	$2,772,000	–	190,045	–	0.63%	–
RGA	New	REINSURANCE GROUP OF AMERICA	$2,770,000	–	29,200	–	0.63%	–
TEX	New	TEREX CORP	$2,759,000	–	118,675	–	0.63%	–
CI	New	CIGNA CORP	$2,754,000	–	17,000	–	0.63%	–
GLNG	New	GOLAR LNG LTD	$2,682,000	–	57,318	–	0.61%	–
LAMR	New	LAMAR ADVERTISING CO NEWcl a	$2,645,000	–	46,025	–	0.60%	–
GM	New	GENERAL MOTORS CO	$2,536,000	–	76,115	–	0.58%	–
SPNV	New	SUPERIOR ENERGY SERVICES INC	$2,504,000	–	119,025	–	0.57%	–
MS	New	MORGAN STANLEY	$2,416,000	–	62,300	–	0.55%	–
QEPM	New	QEP MIDSTREAM PARTNERS LP	$2,398,000	–	136,800	–	0.55%	–
AXS	New	AXIS CAPITAL HOLDINGS LTD	$2,361,000	–	44,253	–	0.54%	–
UBS	New	UBS GROUP AG SHS	$2,359,000	–	111,275	–	0.54%	–
BAX	New	BAXTER INTL	$2,325,000	–	33,250	–	0.53%	–
AER	New	AERCAP HOLDINGS NV	$2,289,000	–	50,000	–	0.52%	–
MET	New	METLIFE INC	$2,252,000	–	40,225	–	0.51%	–
BEN	New	FRANKLIN RESOURCES INC	$2,211,000	–	45,100	–	0.50%	–
XOM	New	EXXON MOBIL CORP	$2,202,000	–	26,475	–	0.50%	–
VOYA	New	VOYA FINL INC	$2,173,000	–	46,775	–	0.50%	–
RDSA	New	ROYAL DUTCH SHELL PLCsponsored adr	$2,155,000	–	37,817	–	0.49%	–
F	New	FORD MOTOR COMPANY	$2,108,000	–	140,475	–	0.48%	–
WMT	New	WAL-MART STORES INC	$2,085,000	–	29,400	–	0.48%	–
ENLK	New	ENLINK MIDSTREAM PARTNERS LP	$1,977,000	–	90,000	–	0.45%	–
ACM	New	AECOM	$1,974,000	–	59,677	–	0.45%	–
SWK	New	STANLEY BLACK & DECKER INC	$1,936,000	–	18,400	–	0.44%	–
PNC	New	PNC FINL SVCS GROUP INC	$1,936,000	–	20,244	–	0.44%	–
CSCO	New	CISCO SYSTEMS INC	$1,922,000	–	70,000	–	0.44%	–
BKD	New	BROOKDALE SENIOR LIVING INC	$1,919,000	–	55,320	–	0.44%	–
TRCO	New	TRIBUNE MEDIA COcl a	$1,901,000	–	35,620	–	0.43%	–
ABT	New	ABBOTT LABORATORIES	$1,888,000	–	38,475	–	0.43%	–
OMC	New	OMNICOM GROUP INC COM	$1,874,000	–	26,975	–	0.43%	–
ROCK	New	GIBRALTAR INDUSTRIES INC	$1,848,000	–	90,754	–	0.42%	–
STT	New	STATE STR CORP	$1,844,000	–	23,950	–	0.42%	–
WHR	New	WHIRLPOOL CORPORATION	$1,730,000	–	10,000	–	0.39%	–
HTZ	New	HERTZ GLOBAL HOLDINGS INC	$1,683,000	–	92,925	–	0.38%	–
CNO	New	CNO FINANCIAL GROUP	$1,657,000	–	90,323	–	0.38%	–
DOOR	New	MASONITE INTERNATIONAL CORP	$1,640,000	–	23,400	–	0.37%	–
OCIP	New	OCI PARTNERS LP	$1,597,000	–	94,800	–	0.36%	–
PH	New	PARKER HANNIFIN CORP	$1,573,000	–	13,525	–	0.36%	–
TECD	New	TECH DATA CORP	$1,577,000	–	27,400	–	0.36%	–
SNV	New	SYNOVUS FINANCIAL CORP	$1,560,000	–	50,646	–	0.36%	–
ASB	New	ASSOCIATED BANC-CORP	$1,547,000	–	76,325	–	0.35%	–
OMI	New	OWENS & MINOR INC	$1,539,000	–	45,275	–	0.35%	–
LEN	New	LENNAR CORPcl a	$1,531,000	–	30,000	–	0.35%	–
WBS	New	WEBSTER FINANCIAL CORP	$1,511,000	–	38,225	–	0.34%	–
INTC	New	INTEL CORP	$1,492,000	–	49,075	–	0.34%	–
NSIT	New	INSIGHT ENTERPRISES INC	$1,493,000	–	49,918	–	0.34%	–
NWS	New	NEWS CORPcl b	$1,480,000	–	103,975	–	0.34%	–
KO	New	COCA COLA CO	$1,465,000	–	37,350	–	0.33%	–
SFG	New	STANCORP FINANCIAL GROUP	$1,421,000	–	18,800	–	0.32%	–
EPAC	New	ACTUANT CORPcl a	$1,415,000	–	61,300	–	0.32%	–
GNW	New	GENWORTH FINANCIAL INCcl a	$1,410,000	–	186,375	–	0.32%	–
TTEK	New	TETRA TECH INC	$1,365,000	–	53,275	–	0.31%	–
FMBI	New	FIRST MIDWEST BANCORP INC/IL	$1,357,000	–	71,550	–	0.31%	–
TRS	New	TRIMAS CORP	$1,337,000	–	45,200	–	0.30%	–
NPBC	New	NATL PENN BCSHS INC	$1,328,000	–	117,750	–	0.30%	–
BGC	New	GENERAL CABLE CORP	$1,321,000	–	66,975	–	0.30%	–
CRAY	New	CRAY INC	$1,312,000	–	44,484	–	0.30%	–
BBCN	New	BBCN BANCORP INC	$1,312,000	–	88,725	–	0.30%	–
ENH	New	ENDURANCE SPECIALTY HOLDINGS	$1,302,000	–	19,825	–	0.30%	–
GMWSA	New	GENERAL MOTORSwarrant	$1,297,000	–	54,576	–	0.30%	–
BHI	New	BAKER HUGHES INC	$1,267,000	–	20,550	–	0.29%	–
KBR	New	KBR INC	$1,258,000	–	64,600	–	0.29%	–
GTS	New	TRIPLE-S MANAGEMENT CORPcl b	$1,255,000	–	48,933	–	0.29%	–
SRI	New	STONERIDGE INC	$1,256,000	–	107,275	–	0.29%	–
DAN	New	DANA HOLDING CORP	$1,246,000	–	60,549	–	0.28%	–
IPG	New	INTERPUBLIC GROUP COS INC	$1,237,000	–	64,225	–	0.28%	–
BRC	New	BRADY CORPORATIONcl a	$1,230,000	–	49,725	–	0.28%	–
ESND	New	ESSENDANT INC	$1,210,000	–	30,850	–	0.28%	–
DIOD	New	DIODES INC	$1,154,000	–	47,900	–	0.26%	–
PHH	New	PHH CORP	$1,130,000	–	43,425	–	0.26%	–
TCF	New	TCF FINANCIAL CORP	$1,104,000	–	66,500	–	0.25%	–
MATW	New	MATTHEWS INTL CORPcl a	$1,102,000	–	20,750	–	0.25%	–
IOSP	New	INORG CHEM NEC	$1,086,000	–	24,128	–	0.25%	–
CMCO	New	COLUMBUS MCKINNON CORP/NY	$1,075,000	–	43,018	–	0.24%	–
RCII	New	RENT-A-CENTER INC	$1,071,000	–	37,800	–	0.24%	–
ARGO	New	ARGO GROUP INTERNATIONAL	$1,066,000	–	19,140	–	0.24%	–
AHL	New	ASPEN INSURANCE HOLDINGS LTD	$1,051,000	–	21,950	–	0.24%	–
APO	New	APOLLO GLOBAL MANAGEMENT	$1,047,000	–	47,300	–	0.24%	–
AR	New	ANTERO RESOURCES CORP	$1,030,000	–	30,000	–	0.24%	–
CUB	New	CUBIC CORP	$1,031,000	–	21,675	–	0.24%	–
GRPU	New	GRANITE REAL ESTATE INVESTMENT TRSTunit	$1,024,000	–	30,000	–	0.23%	–
ARRS	New	ARRIS CORP	$1,004,000	–	32,816	–	0.23%	–
TECK	New	TECK COMINCO LTDcl b	$965,000	–	97,435	–	0.22%	–
OC	New	OWENS CORNING	$954,000	–	23,150	–	0.22%	–
CRS	New	CARPENTER TECHNOLOGY	$880,000	–	22,766	–	0.20%	–
TLLP	New	TESORO LOGISTICS LP	$846,000	–	14,820	–	0.19%	–
ELECU	New	ELECTRUM SPECIAL ACQUISITION	$791,000	–	78,949	–	0.18%	–
NRG	New	NRG ENERGY INC	$788,000	–	34,446	–	0.18%	–
FHN	New	FIRST HORIZON NATIONAL CORP	$786,000	–	50,200	–	0.18%	–
SYA	New	SYMETRA FINANCIAL CORP	$780,000	–	32,275	–	0.18%	–
SCHN	New	SCHNITZER STEEL INDS INCcl a	$754,000	–	43,175	–	0.17%	–
NG	New	NOVAGOLD RESOURCES INC	$746,000	–	218,220	–	0.17%	–
YHOO	New	YAHOO! INC	$734,000	–	18,700	–	0.17%	–
IP	New	INTERNATIONAL PAPER CO.	$730,000	–	15,360	–	0.17%	–
NAT	New	NORDIC AMERICAN TANKERS LTD	$715,000	–	50,285	–	0.16%	–
TUP	New	TUPPERWARE CORP	$709,000	–	11,000	–	0.16%	–
ICON	New	ICONIX BRAND GROUP INC	$709,000	–	28,400	–	0.16%	–
GOV	New	GOVERNMENT PROPERTIES INCOME	$688,000	–	37,100	–	0.16%	–
CNW	New	CON-WAY INC	$682,000	–	17,775	–	0.16%	–
VRTS	New	VIRTUS INVESTMENT PARTNERS	$649,000	–	4,910	–	0.15%	–
TPC	New	TUTOR PERINI CORP	$645,000	–	29,900	–	0.15%	–
PSTB	New	PARK STERLING CORP	$640,000	–	88,966	–	0.15%	–
PF	New	PINNACLE FOODS INC	$630,000	–	13,850	–	0.14%	–
FCNCA	New	FIRST CITIZENS BCSHScl a	$616,000	–	2,345	–	0.14%	–
KALU	New	KAISER ALUMINUM CORP	$614,000	–	7,400	–	0.14%	–
FCEL	New	FUELCELL ENERGY INC	$596,000	–	610,702	–	0.14%	–
TNK	New	TEEKAY TANKERS LTDcl a	$591,000	–	89,500	–	0.14%	–
MWW	New	MONSTER WORLDWIDE INC	$559,000	–	85,550	–	0.13%	–
GTLS	New	CHART INDUSTRIES INC	$545,000	–	15,250	–	0.12%	–
BKEP	New	BLUEKNIGHT ENERGY PARTNERS LP	$531,000	–	71,022	–	0.12%	–
CEMP	New	CEMPRA INC	$532,000	–	15,497	–	0.12%	–
JIVE	New	JIVE SOFTWARE INC	$527,000	–	100,553	–	0.12%	–
SAIC	New	SCIENCE APPLICATIONS INTE	$523,000	–	9,900	–	0.12%	–
WSFS	New	WSFS FINANCIAL CORP	$516,000	–	18,900	–	0.12%	–
GFF	New	GRIFFON CORPORATION	$509,000	–	31,994	–	0.12%	–
ORIG	New	OCEAN RIG UDW INC	$511,000	–	99,744	–	0.12%	–
GOOGL	New	GOOGLE INCcl a	$504,000	–	935	–	0.12%	–
LENB	New	LENNAR CORPcl b	$497,000	–	11,534	–	0.11%	–
HSC	New	HARSCO CORP	$493,000	–	29,900	–	0.11%	–
GOOG	New	GOOGLE INCcl c	$487,000	–	937	–	0.11%	–
WLH	New	WILLIAM LYON HOMEScl a new	$487,000	–	19,000	–	0.11%	–
GXP	New	GREAT PLAINS ENERGY INC	$442,000	–	18,300	–	0.10%	–
LXK	New	LEXMARK INTL GROUP INCcl a	$433,000	–	9,800	–	0.10%	–
PRI	New	PRIMERICA INC	$430,000	–	9,431	–	0.10%	–
DRH	New	DIAMONDROCK HOSPITALITY CO	$430,000	–	33,571	–	0.10%	–
POR	New	PORTLAND GENERAL ELECTRIC	$338,000	–	10,200	–	0.08%	–
EZPW	New	EZCORP INCcl a	$305,000	–	41,100	–	0.07%	–
AGX	New	ARGAN INC	$296,000	–	7,351	–	0.07%	–
KS	New	KAPSTONE PAPER AND PACKAGING	$292,000	–	12,631	–	0.07%	–
THC	New	TENET HEALTHCARE CORP	$285,000	–	4,925	–	0.06%	–
MXWL	New	MAXWELL TECHNOLOGIES INC	$276,000	–	46,277	–	0.06%	–
ENVA	New	ENOVA INTERNATIONAL INC-W/I	$264,000	–	14,172	–	0.06%	–
KTOS	New	KRATOS DEFENSE & SECURITY	$254,000	–	40,400	–	0.06%	–
UFPT	New	UFP TECHNOLOGIES INC	$254,000	–	12,143	–	0.06%	–
	New	OM ASSET MANAGEMENT PLC	$243,000	–	13,700	–	0.06%	–
CSH	New	CASH AMERICA INTL INC	$235,000	–	9,000	–	0.05%	–
NNI	New	NELNET INCcl a	$233,000	–	5,400	–	0.05%	–
ELY	New	CALLAWAY GOLF COMPANY	$223,000	–	24,977	–	0.05%	–
MLR	New	MILLER INDUSTRIES INC/TENN	$218,000	–	10,973	–	0.05%	–
ARC	New	ARC DOCUMENT SOLUTIONS INC	$213,000	–	28,050	–	0.05%	–
EXXIQ	New	ENERGY XXI LTD	$130,000	–	49,600	–	0.03%	–
KEGXQ	New	KEY ENERGY SERVICES INC	$87,000	–	48,525	–	0.02%	–
CASLQ	New	CASTLE (A.M.) & CO	$68,000	–	11,100	–	0.02%	–
HIIQ	New	HEALTH INSURANCE INNOVATION	$57,000	–	11,559	–	0.01%	–

Q4 2014

			Value		Shares		↓ Weighting
WTSLQ	Exit	WET SEAL INCcl a	$0	–	-70,400	–	-0.01%	–
PHMD	Exit	PHOTOMEDEX INC	$0	–	-25,500	–	-0.03%	–
KTOS	Exit	KRATOS DEFENSE & SEC SOLUTIO	$0	–	-28,300	–	-0.04%	–
HIIQ	Exit	HEALTH INS INNOVATIONS INC	$0	–	-19,959	–	-0.04%	–
MLR	Exit	MILLER INDS INC TENN	$0	–	-13,273	–	-0.04%	–
JWA	Exit	WILEY JOHN & SONS INCcl a	$0	–	-3,948	–	-0.04%	–
UFPT	Exit	UFP TECHNOLOGIES INC	$0	–	-12,143	–	-0.05%	–
AGX	Exit	ARGAN INC	$0	–	-7,951	–	-0.05%	–
ELY	Exit	CALLAWAY GOLF CO	$0	–	-37,800	–	-0.05%	–
NAT	Exit	NORDIC AMERICAN TANKERS LIMI	$0	–	-36,400	–	-0.06%	–
WLTGQ	Exit	WALTER ENERGY INC	$0	–	-123,419	–	-0.06%	–
THC	Exit	TENET HEALTHCARE CORP	$0	–	-5,425	–	-0.06%	–
GCA	Exit	GLOBAL CASH ACCESS HLDGS INC	$0	–	-49,816	–	-0.06%	–
CDVIQ	Exit	CAL DIVE INTL INC DEL	$0	–	-350,500	–	-0.06%	–
NNI	Exit	NELNET INCcl a	$0	–	-7,900	–	-0.06%	–
CASLQ	Exit	CASTLE A M & CO	$0	–	-44,200	–	-0.07%	–
KS	Exit	KAPSTONE PAPER & PACKAGING C	$0	–	-13,400	–	-0.07%	–
POR	Exit	PORTLAND GEN ELEC CO	$0	–	-12,700	–	-0.08%	–
MERC	Exit	MERCER INTL INC	$0	–	-43,300	–	-0.08%	–
TRS	Exit	TRIMAS CORP	$0	–	-19,150	–	-0.09%	–
LXK	Exit	LEXMARK INTL NEWcl a	$0	–	-11,300	–	-0.09%	–
TITN	Exit	TITAN MACHY INC	$0	–	-37,373	–	-0.09%	–
BGC	Exit	GENERAL CABLE CORP DEL NEW	$0	–	-34,350	–	-0.10%	–
HSC	Exit	HARSCO CORP	$0	–	-24,900	–	-0.10%	–
BKEP	Exit	BLUEKNIGHT ENERGY PARTNERS L	$0	–	-64,863	–	-0.10%	–
WSFS	Exit	WSFS FINL CORP	$0	–	-7,525	–	-0.10%	–
GOOG	Exit	GOOGLE INCcl c	$0	–	-935	–	-0.10%	–
SAIC	Exit	SCIENCE APPLICATNS INTL	$0	–	-12,400	–	-0.10%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-935	–	-0.11%	–
ENDP	Exit	ENDO INTL PLC	$0	–	-8,167	–	-0.11%	–
OMI	Exit	OWENS & MINOR INC NEW	$0	–	-17,000	–	-0.11%	–
PIPR	Exit	PIPER JAFFRAY COS	$0	–	-10,645	–	-0.11%	–
MUSA	Exit	MURPHY USA INC	$0	–	-10,650	–	-0.11%	–
GXP	Exit	GREAT PLAINS ENERGY INC	$0	–	-23,300	–	-0.11%	–
CSH	Exit	CASH AMER INTL INC	$0	–	-12,800	–	-0.11%	–
PSTB	Exit	PARK STERLING CORP	$0	–	-88,966	–	-0.11%	–
EXXIQ	Exit	ENERGY XXI BERMUDA LTD	$0	–	-53,200	–	-0.12%	–
TUP	Exit	TUPPERWARE BRANDS CORP	$0	–	-9,000	–	-0.12%	–
FCNCA	Exit	FIRST CTZNS BANCSHARES INC Ncl a	$0	–	-2,945	–	-0.12%	–
ICON	Exit	ICONIX BRAND GROUP INC	$0	–	-17,400	–	-0.12%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-5,458	–	-0.13%	–
NG	Exit	NOVAGOLD RES INC	$0	–	-221,363	–	-0.13%	–
FHN	Exit	FIRST HORIZON NATL CORP	$0	–	-56,300	–	-0.13%	–
LENB	Exit	LENNAR CORPcl b	$0	–	-22,680	–	-0.14%	–
EZPW	Exit	EZCORP INCcl a non vtg	$0	–	-73,300	–	-0.14%	–
CLF	Exit	CLIFFS NAT RES INC	$0	–	-73,115	–	-0.15%	–
KALU	Exit	KAISER ALUMINUM CORP	$0	–	-10,000	–	-0.15%	–
AHL	Exit	ASPEN INSURANCE HOLDINGS LTD	$0	–	-18,625	–	-0.15%	–
GOV	Exit	GOVERNMENT PPTYS INCOME TR	$0	–	-37,100	–	-0.16%	–
UNM	Exit	UNUM GROUP	$0	–	-25,000	–	-0.16%	–
RYL	Exit	RYLAND GROUP INC	$0	–	-26,000	–	-0.17%	–
MWW	Exit	MONSTER WORLDWIDE INC	$0	–	-160,675	–	-0.17%	–
RSX	Exit	MARKET VECTORS ETF TR RUSSIAetf	$0	–	-40,000	–	-0.17%	–
IOSP	Exit	INNOSPEC INC	$0	–	-24,898	–	-0.17%	–
ENH	Exit	ENDURANCE SPECIALTY HLDGS LT	$0	–	-16,200	–	-0.17%	–
SCHN	Exit	SCHNITZER STL INDScl a	$0	–	-38,650	–	-0.18%	–
ROCK	Exit	GIBRALTAR INDS INC	$0	–	-68,101	–	-0.18%	–
SYA	Exit	SYMETRA FINL CORP	$0	–	-39,900	–	-0.18%	–
TPC	Exit	TUTOR PERINI CORP	$0	–	-36,325	–	-0.18%	–
KBR	Exit	KBR INC	$0	–	-51,000	–	-0.18%	–
PHH	Exit	PHH CORP	$0	–	-43,425	–	-0.19%	–
MWA	Exit	MUELLER WTR PRODS INC	$0	–	-118,125	–	-0.19%	–
ARRS	Exit	ARRIS GROUP INC NEW	$0	–	-34,900	–	-0.19%	–
GFF	Exit	GRIFFON CORP	$0	–	-89,919	–	-0.20%	–
CRS	Exit	CARPENTER TECHNOLOGY CORP	$0	–	-22,600	–	-0.20%	–
NRG	Exit	NRG ENERGY INC	$0	–	-34,446	–	-0.20%	–
CNW	Exit	CON-WAY INC	$0	–	-22,325	–	-0.20%	–
ARC	Exit	ARC DOCUMENT SOLUTIONS INC	$0	–	-134,100	–	-0.21%	–
MATW	Exit	MATTHEWS INTL CORPcl a	$0	–	-25,300	–	-0.21%	–
AEL	Exit	AMERICAN EQTY INVT LIFE HLD	$0	–	-48,900	–	-0.22%	–
DAN	Exit	DANA HLDG CORP	$0	–	-61,349	–	-0.23%	–
TECK	Exit	TECK RESOURCES LTDcl b	$0	–	-63,030	–	-0.23%	–
SRI	Exit	STONERIDGE INC	$0	–	-107,275	–	-0.23%	–
GMWSA	Exit	GENERAL MTRS COwarrant	$0	–	-54,576	–	-0.23%	–
ARGO	Exit	ARGO GROUP INTL HLDGS LTD	$0	–	-24,225	–	-0.23%	–
CMCO	Exit	COLUMBUS MCKINNON CORP N Y	$0	–	-57,443	–	-0.24%	–
BBCN	Exit	BBCN BANCORP INC	$0	–	-86,450	–	-0.24%	–
TCF	Exit	TCF FINL CORP	$0	–	-81,500	–	-0.24%	–
GRPU	Exit	GRANITE REAL ESTATE INVT TRunit	$0	–	-37,300	–	-0.25%	–
NPBC	Exit	NATIONAL PENN BANCSHARES INC	$0	–	-132,900	–	-0.25%	–
PRI	Exit	PRIMERICA INC	$0	–	-27,356	–	-0.25%	–
NSIT	Exit	INSIGHT ENTERPRISES INC	$0	–	-58,968	–	-0.26%	–
DRH	Exit	DIAMONDROCK HOSPITALITY CO	$0	–	-105,771	–	-0.26%	–
DIOD	Exit	DIODES INC	$0	–	-57,700	–	-0.26%	–
DRC	Exit	DRESSER-RAND GROUP INC	$0	–	-16,885	–	-0.27%	–
OMC	Exit	OMNICOM GROUP INC	$0	–	-20,300	–	-0.27%	–
FMBI	Exit	FIRST MIDWEST BANCORP DEL	$0	–	-87,375	–	-0.27%	–
SNV	Exit	SYNOVUS FINL CORP	$0	–	-59,796	–	-0.27%	–
WBS	Exit	WEBSTER FINL CORP CONN	$0	–	-49,150	–	-0.28%	–
BRC	Exit	BRADY CORPcl a	$0	–	-64,150	–	-0.28%	–
MLHR	Exit	MILLER HERMAN INC	$0	–	-48,275	–	-0.28%	–
OC	Exit	OWENS CORNING NEW	$0	–	-45,450	–	-0.28%	–
KBH	Exit	KB HOME	$0	–	-100,000	–	-0.29%	–
ORIG	Exit	OCEAN RIG UDW INC	$0	–	-95,644	–	-0.30%	–
EPAC	Exit	ACTUANT CORPcl a new	$0	–	-50,800	–	-0.30%	–
BK	Exit	BANK NEW YORK MELLON CORP	$0	–	-40,217	–	-0.30%	–
USTR	Exit	UNITED STATIONERS INC	$0	–	-42,375	–	-0.30%	–
IP	Exit	INTL PAPER CO	$0	–	-33,990	–	-0.31%	–
TTEK	Exit	TETRA TECH INC NEW	$0	–	-65,450	–	-0.31%	–
6107SC	Exit	URS CORP NEW	$0	–	-28,525	–	-0.32%	–
AR	Exit	ANTERO RES CORP	$0	–	-30,000	–	-0.32%	–
RDC	Exit	ROWAN COMPANIES PLC	$0	–	-65,000	–	-0.32%	–
TECD	Exit	TECH DATA CORP	$0	–	-28,150	–	-0.32%	–
CRAY	Exit	CRAY INC	$0	–	-63,709	–	-0.32%	–
WCG	Exit	WELLCARE HEALTH PLANS INC	$0	–	-27,685	–	-0.32%	–
ASB	Exit	ASSOCIATED BANC CORP	$0	–	-96,350	–	-0.32%	–
TEVA	Exit	TEVA PHARMACEUTICAL INDS LTDadr	$0	–	-31,770	–	-0.33%	–
JIVE	Exit	JIVE SOFTWARE INC	$0	–	-296,284	–	-0.33%	–
EMC	Exit	E M C CORP MASS	$0	–	-60,000	–	-0.34%	–
CSCO	Exit	CISCO SYS INC	$0	–	-70,000	–	-0.34%	–
HPT	Exit	HOSPITALITY PPTYS TR	$0	–	-67,350	–	-0.35%	–
ESV	Exit	ENSCO PLC	$0	–	-44,500	–	-0.35%	–
NWS	Exit	NEWS CORP NEWcl b	$0	–	-115,750	–	-0.36%	–
VRTS	Exit	VIRTUS INVT PARTNERS INC	$0	–	-10,795	–	-0.36%	–
BHI	Exit	BAKER HUGHES INC	$0	–	-29,300	–	-0.37%	–
RGA	Exit	REINSURANCE GROUP AMER INC	$0	–	-24,000	–	-0.37%	–
PF	Exit	PINNACLE FOODS INC DEL	$0	–	-61,720	–	-0.39%	–
IPG	Exit	INTERPUBLIC GROUP COS INC	$0	–	-111,200	–	-0.39%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-18,000	–	-0.39%	–
PH	Exit	PARKER HANNIFIN CORP	$0	–	-18,575	–	-0.41%	–
HTZ	Exit	HERTZ GLOBAL HOLDINGS INC	$0	–	-84,645	–	-0.41%	–
OCIP	Exit	OCI PARTNERS LP	$0	–	-100,000	–	-0.41%	–
LM	Exit	LEGG MASON INC	$0	–	-42,500	–	-0.42%	–
ECR	Exit	ECLIPSE RES CORP	$0	–	-133,600	–	-0.43%	–
PRE	Exit	PARTNERRE LTD	$0	–	-20,350	–	-0.43%	–
CNO	Exit	CNO FINL GROUP INC	$0	–	-132,500	–	-0.43%	–
KO	Exit	COCA COLA CO	$0	–	-53,590	–	-0.44%	–
DHI	Exit	D R HORTON INC	$0	–	-113,000	–	-0.44%	–
DNRCQ	Exit	DENBURY RES INC	$0	–	-155,000	–	-0.45%	–
DOW	Exit	DOW CHEM CO	$0	–	-44,445	–	-0.45%	–
RCII	Exit	RENT A CTR INC NEW	$0	–	-76,925	–	-0.45%	–
SPF	Exit	STANDARD PAC CORP NEW	$0	–	-315,000	–	-0.45%	–
GTIV	Exit	GENTIVA HEALTH SERVICES INC	$0	–	-141,758	–	-0.46%	–
INTC	Exit	INTEL CORP	$0	–	-68,725	–	-0.46%	–
PPL	Exit	PPL CORP	$0	–	-74,645	–	-0.47%	–
DOOR	Exit	MASONITE INTL CORP NEW	$0	–	-44,750	–	-0.48%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-26,475	–	-0.48%	–
PNC	Exit	PNC FINL SVCS GROUP INC	$0	–	-30,069	–	-0.49%	–
VOYA	Exit	VOYA FINL INC	$0	–	-66,375	–	-0.50%	–
TRW	Exit	TRW AUTOMOTIVE HLDGS CORP	$0	–	-27,000	–	-0.52%	–
ABT	Exit	ABBOTT LABS	$0	–	-65,825	–	-0.52%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-15,075	–	-0.53%	–
MDT	Exit	MEDTRONIC INC	$0	–	-46,390	–	-0.55%	–
BAC	Exit	BANK AMER CORP	$0	–	-168,675	–	-0.55%	–
MS	Exit	MORGAN STANLEY	$0	–	-83,575	–	-0.55%	–
QEPM	Exit	QEP MIDSTREAM PARTNERS LP	$0	–	-121,779	–	-0.55%	–
STT	Exit	STATE STR CORP	$0	–	-39,725	–	-0.56%	–
LAMR	Exit	LAMAR ADVERTISING COcl a	$0	–	-61,050	–	-0.58%	–
SPNV	Exit	SUPERIOR ENERGY SVCS INC	$0	–	-93,200	–	-0.59%	–
CI	Exit	CIGNA CORPORATION	$0	–	-34,450	–	-0.60%	–
TEX	Exit	TEREX CORP NEW	$0	–	-99,000	–	-0.60%	–
SPLS	Exit	STAPLES INC	$0	–	-264,428	–	-0.61%	–
WPX	Exit	WPX ENERGY INC	$0	–	-133,471	–	-0.62%	–
AIG	Exit	AMERICAN INTL GROUP INC	$0	–	-61,900	–	-0.64%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCsponsored adr	$0	–	-44,532	–	-0.65%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-238,794	–	-0.67%	–
AVT	Exit	AVNET INC	$0	–	-85,350	–	-0.68%	–
BP	Exit	BP PLCsponsored adr	$0	–	-82,907	–	-0.70%	–
UAL	Exit	UNITED CONTL HLDGS INC	$0	–	-80,000	–	-0.72%	–
UAN	Exit	CVR PARTNERS LP	$0	–	-275,000	–	-0.72%	–
NWSA	Exit	NEWS CORP NEWcl a	$0	–	-238,975	–	-0.75%	–
FDX	Exit	FEDEX CORP	$0	–	-25,000	–	-0.77%	–
FCEA	Exit	FOREST CITY ENTERPRISES INCcl a	$0	–	-206,132	–	-0.77%	–
DVN	Exit	DEVON ENERGY CORP NEW	$0	–	-59,500	–	-0.78%	–
M504SC	Exit	NEWCASTLE INVT CORP NEW	$0	–	-338,605	–	-0.82%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-40,370	–	-0.83%	–
PHM	Exit	PULTE GROUP INC	$0	–	-245,000	–	-0.83%	–
ON	Exit	ON SEMICONDUCTOR CORP	$0	–	-490,825	–	-0.84%	–
ETN	Exit	EATON CORP PLC	$0	–	-69,470	–	-0.84%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-25,000	–	-0.91%	–
AAL	Exit	AMERICAN AIRLS GROUP INC	$0	–	-140,000	–	-0.95%	–
GM	Exit	GENERAL MTRS CO	$0	–	-155,940	–	-0.96%	–
SNDK	Exit	SANDISK CORP	$0	–	-51,000	–	-0.96%	–
RNF	Exit	RENTECH NITROGEN PARTNERS L	$0	–	-406,148	–	-0.97%	–
CMCSK	Exit	COMCAST CORP NEWcl a	$0	–	-100,000	–	-1.03%	–
DE	Exit	DEERE & CO	$0	–	-66,900	–	-1.05%	–
PXD	Exit	PIONEER NAT RES CO	$0	–	-29,000	–	-1.10%	–
HPQ	Exit	HEWLETT PACKARD CO	$0	–	-167,380	–	-1.14%	–
DAL	Exit	DELTA AIR LINES INC DEL	$0	–	-170,280	–	-1.18%	–
AET	Exit	AETNA INC NEW	$0	–	-90,000	–	-1.40%	–
AIZ	Exit	ASSURANT INC	$0	–	-121,150	–	-1.50%	–
APA	Exit	APACHE CORP	$0	–	-85,000	–	-1.53%	–
C	Exit	CITIGROUP INC	$0	–	-161,386	–	-1.60%	–
EEP	Exit	ENBRIDGE ENERGY PARTNERS L P	$0	–	-220,000	–	-1.64%	–
MET	Exit	METLIFE INC	$0	–	-161,075	–	-1.66%	–
TRV	Exit	TRAVELERS COMPANIES INC	$0	–	-100,000	–	-1.80%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-171,175	–	-1.98%	–
LNC	Exit	LINCOLN NATL CORP IND	$0	–	-195,000	–	-2.00%	–
OXY	Exit	OCCIDENTAL PETE CORP DEL	$0	–	-113,345	–	-2.09%	–
CVA	Exit	COVANTA HLDG CORP	$0	–	-520,079	–	-2.12%	–
PFE	Exit	PFIZER INC	$0	–	-381,626	–	-2.17%	–
ORCL	Exit	ORACLE CORP	$0	–	-306,725	–	-2.25%	–
APC	Exit	ANADARKO PETE CORP	$0	–	-136,621	–	-2.66%	–
MC	Exit	MOELIS & COcl a	$0	–	-436,675	–	-2.86%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-332,826	–	-2.96%	–
GLD	Exit	SPDR GOLD TRUST GOLD	$0	–	-250,000	–	-5.58%	–

Q3 2014

			Value		Shares		↓ Weighting
MSFT	Sell	MICROSOFT CORP	$15,430,000	-1.2%	332,826	-11.1%	2.96%	+4.6%
ORCL	Sell	ORACLE CORP	$11,741,000	-9.4%	306,725	-4.1%	2.25%	-4.1%
PFE	Sell	PFIZER INC	$11,285,000	-15.6%	381,626	-15.3%	2.17%	-10.7%
CVA	Buy	COVANTA HLDG CORP	$11,036,000	+76.5%	520,079	+71.5%	2.12%	+86.9%
AET	Buy	AETNA INC NEW	$7,290,000	+28.4%	90,000	+28.6%	1.40%	+36.0%
DAL	Sell	DELTA AIR LINES INC DEL	$6,156,000	-25.1%	170,280	-19.8%	1.18%	-20.7%
HPQ	Sell	HEWLETT PACKARD CO	$5,937,000	-8.9%	167,380	-13.5%	1.14%	-3.6%
DE	Sell	DEERE & CO	$5,485,000	-14.1%	66,900	-5.1%	1.05%	-9.0%
SNDK	Buy	SANDISK CORP	$4,995,000	+32.9%	51,000	+41.7%	0.96%	+40.8%
ETN	Buy	EATON CORP PLC	$4,402,000	+17.9%	69,470	+43.6%	0.84%	+24.8%
JNJ	Sell	JOHNSON & JOHNSON	$4,303,000	-19.9%	40,370	-21.3%	0.83%	-15.1%
M504SC	New	NEWCASTLE INVT CORP NEW	$4,294,000	–	338,605	–	0.82%	–
FCEA	Buy	FOREST CITY ENTERPRISES INCcl a	$4,032,000	+15.5%	206,132	+17.4%	0.77%	+22.3%
NWSA	Buy	NEWS CORP NEWcl a	$3,907,000	-0.5%	238,975	+9.2%	0.75%	+5.3%
WPX	Sell	WPX ENERGY INC	$3,211,000	-19.2%	133,471	-19.7%	0.62%	-14.4%
TEX	Buy	TEREX CORP NEW	$3,145,000	+50.2%	99,000	+94.3%	0.60%	+58.9%
SPNV	Sell	SUPERIOR ENERGY SVCS INC	$3,063,000	-17.2%	93,200	-9.0%	0.59%	-12.4%
LAMR	Buy	LAMAR ADVERTISING COcl a	$3,007,000	+11.9%	61,050	+20.4%	0.58%	+18.5%
QEPM	Buy	QEP MIDSTREAM PARTNERS LP	$2,885,000	-7.1%	121,779	+1.0%	0.55%	-1.6%
MDT	Buy	MEDTRONIC INC	$2,874,000	+23.0%	46,390	+26.6%	0.55%	+30.5%
TRW	Sell	TRW AUTOMOTIVE HLDGS CORP	$2,734,000	-2.3%	27,000	-13.6%	0.52%	+3.6%
VOYA	Sell	VOYA FINL INC	$2,595,000	-2.8%	66,375	-9.7%	0.50%	+2.9%
DOOR	Buy	MASONITE INTL CORP NEW	$2,478,000	+1.0%	44,750	+2.6%	0.48%	+7.0%
PPL	Buy	PPL CORP	$2,451,000	+6.9%	74,645	+15.7%	0.47%	+13.3%
GTIV	Sell	GENTIVA HEALTH SERVICES INC	$2,379,000	-28.7%	141,758	-36.0%	0.46%	-24.5%
RCII	Sell	RENT A CTR INC NEW	$2,335,000	-9.6%	76,925	-14.6%	0.45%	-4.3%
DOW	Buy	DOW CHEM CO	$2,331,000	+34.0%	44,445	+31.4%	0.45%	+41.9%
ECR	New	ECLIPSE RES CORP	$2,220,000	–	133,600	–	0.43%	–
LM	Sell	LEGG MASON INC	$2,174,000	-22.7%	42,500	-22.4%	0.42%	-18.2%
HTZ	Buy	HERTZ GLOBAL HOLDINGS INC	$2,149,000	-0.2%	84,645	+10.2%	0.41%	+5.6%
PH	Buy	PARKER HANNIFIN CORP	$2,120,000	+12.8%	18,575	+24.2%	0.41%	+19.4%
IPG	Sell	INTERPUBLIC GROUP COS INC	$2,037,000	-28.6%	111,200	-24.0%	0.39%	-24.4%
PF	Buy	PINNACLE FOODS INC DEL	$2,015,000	+27.5%	61,720	+28.5%	0.39%	+35.3%
ESV	Sell	ENSCO PLC	$1,838,000	-39.9%	44,500	-19.1%	0.35%	-36.3%
JIVE	Buy	JIVE SOFTWARE INC	$1,727,000	-16.3%	296,284	+22.2%	0.33%	-11.5%
TEVA	Sell	TEVA PHARMACEUTICAL INDS LTDadr	$1,708,000	-9.7%	31,770	-12.0%	0.33%	-4.4%
WCG	Buy	WELLCARE HEALTH PLANS INC	$1,671,000	+23.2%	27,685	+52.5%	0.32%	+30.5%
6107SC	Sell	URS CORP NEW	$1,643,000	-26.1%	28,525	-41.2%	0.32%	-21.8%
TTEK	Buy	TETRA TECH INC NEW	$1,635,000	-5.7%	65,450	+3.8%	0.31%	0.0%
IP	New	INTL PAPER CO	$1,623,000	–	33,990	–	0.31%	–
USTR	Sell	UNITED STATIONERS INC	$1,592,000	-12.0%	42,375	-2.9%	0.30%	-7.0%
EPAC	Buy	ACTUANT CORPcl a new	$1,550,000	-4.1%	50,800	+8.6%	0.30%	+1.4%
ORIG	Buy	OCEAN RIG UDW INC	$1,542,000	-14.3%	95,644	+0.6%	0.30%	-9.2%
MLHR	Buy	MILLER HERMAN INC	$1,441,000	+75.9%	48,275	+78.3%	0.28%	+87.2%
BRC	Buy	BRADY CORPcl a	$1,440,000	-7.6%	64,150	+23.0%	0.28%	-2.1%
WBS	Buy	WEBSTER FINL CORP CONN	$1,432,000	+4.6%	49,150	+13.2%	0.28%	+10.9%
SNV	Buy	SYNOVUS FINL CORP	$1,414,000	+2.8%	59,796	+5.9%	0.27%	+8.8%
DRC	Sell	DRESSER-RAND GROUP INC	$1,389,000	-40.8%	16,885	-54.1%	0.27%	-37.2%
DIOD	Buy	DIODES INC	$1,380,000	-5.7%	57,700	+14.1%	0.26%	0.0%
CMCO	Buy	COLUMBUS MCKINNON CORP N Y	$1,263,000	-4.3%	57,443	+17.7%	0.24%	+1.3%
SRI	Buy	STONERIDGE INC	$1,209,000	+13.9%	107,275	+8.4%	0.23%	+20.8%
TECK	Buy	TECK RESOURCES LTDcl b	$1,191,000	+8.2%	63,030	+30.7%	0.23%	+14.5%
MATW	Sell	MATTHEWS INTL CORPcl a	$1,110,000	+1.4%	25,300	-4.0%	0.21%	+7.6%
CNW	Sell	CON-WAY INC	$1,060,000	-41.3%	22,325	-37.7%	0.20%	-38.1%
CRS	Buy	CARPENTER TECHNOLOGY CORP	$1,020,000	-1.1%	22,600	+38.7%	0.20%	+4.8%
KBR	Buy	KBR INC	$960,000	-5.0%	51,000	+20.3%	0.18%	+0.5%
ROCK	Buy	GIBRALTAR INDS INC	$932,000	+71.3%	68,101	+94.3%	0.18%	+80.8%
ENH	Buy	ENDURANCE SPECIALTY HLDGS LT	$894,000	+65.6%	16,200	+54.7%	0.17%	+75.5%
IOSP	Buy	INNOSPEC INC	$894,000	-4.6%	24,898	+14.7%	0.17%	+1.2%
RSX	New	MARKET VECTORS ETF TR RUSSIAetf	$895,000	–	40,000	–	0.17%	–
GOV	Buy	GOVERNMENT PPTYS INCOME TR	$813,000	-0.2%	37,100	+15.6%	0.16%	+5.4%
CLF	Buy	CLIFFS NAT RES INC	$759,000	+4.0%	73,115	+50.8%	0.15%	+10.6%
EZPW	Buy	EZCORP INCcl a non vtg	$726,000	-4.7%	73,300	+11.1%	0.14%	+0.7%
ICON	Sell	ICONIX BRAND GROUP INC	$643,000	-26.3%	17,400	-14.3%	0.12%	-22.2%
TUP	Buy	TUPPERWARE BRANDS CORP	$621,000	-11.7%	9,000	+7.1%	0.12%	-6.3%
EXXIQ	New	ENERGY XXI BERMUDA LTD	$604,000	–	53,200	–	0.12%	–
CSH	Sell	CASH AMER INTL INC	$561,000	-7.9%	12,800	-6.6%	0.11%	-1.8%
MUSA	Sell	MURPHY USA INC	$565,000	-67.1%	10,650	-69.7%	0.11%	-65.3%
PIPR	Sell	PIPER JAFFRAY COS	$556,000	-70.5%	10,645	-70.8%	0.11%	-68.7%
OMI	New	OWENS & MINOR INC NEW	$557,000	–	17,000	–	0.11%	–
ENDP	Sell	ENDO INTL PLC	$558,000	-13.1%	8,167	-10.9%	0.11%	-7.8%
BKEP	Sell	BLUEKNIGHT ENERGY PARTNERS L	$534,000	-59.5%	64,863	-54.6%	0.10%	-57.3%
HSC	Sell	HARSCO CORP	$533,000	-25.9%	24,900	-7.8%	0.10%	-21.5%
BGC	New	GENERAL CABLE CORP DEL NEW	$518,000	–	34,350	–	0.10%	–
TITN	Buy	TITAN MACHY INC	$485,000	+5.0%	37,373	+33.1%	0.09%	+10.7%
LXK	Sell	LEXMARK INTL NEWcl a	$480,000	-24.5%	11,300	-14.4%	0.09%	-20.0%
TRS	New	TRIMAS CORP	$466,000	–	19,150	–	0.09%	–
CDVIQ	Buy	CAL DIVE INTL INC DEL	$340,000	-19.0%	350,500	+10.3%	0.06%	-14.5%
GCA	Sell	GLOBAL CASH ACCESS HLDGS INC	$336,000	-37.4%	49,816	-17.4%	0.06%	-34.0%
THC	Sell	TENET HEALTHCARE CORP	$322,000	+3.5%	5,425	-18.1%	0.06%	+10.7%
NAT	New	NORDIC AMERICAN TANKERS LIMI	$289,000	–	36,400	–	0.06%	–
ELY	Buy	CALLAWAY GOLF CO	$274,000	-2.1%	37,800	+12.5%	0.05%	+3.9%
AGX	Sell	ARGAN INC	$265,000	-24.7%	7,951	-15.9%	0.05%	-20.3%
JWA	Sell	WILEY JOHN & SONS INCcl a	$222,000	-26.0%	3,948	-20.2%	0.04%	-20.4%
MLR	Sell	MILLER INDS INC TENN	$224,000	-18.5%	13,273	-0.7%	0.04%	-14.0%
HIIQ	Sell	HEALTH INS INNOVATIONS INC	$215,000	-44.0%	19,959	-36.0%	0.04%	-41.4%
PHMD	Sell	PHOTOMEDEX INC	$158,000	-87.7%	25,500	-75.7%	0.03%	-87.1%
XL	Exit	XL GROUP PLC	$0	–	-5,132	–	-0.03%	–
WOOF	Exit	VCA INC	$0	–	-16,325	–	-0.10%	–
CHE	Exit	CHEMED CORP	$0	–	-12,325	–	-0.21%	–
AAPL	Exit	APPLE COMPUTER INC	$0	–	-12,475	–	-0.21%	–
PCG	Exit	PG&E CORPORATION	$0	–	-45,330	–	-0.40%	–
SIRI	Exit	SIRIUS XM HOLDINGS INC	$0	–	-682,730	–	-0.43%	–
NCT	Exit	NEWCASTLE INVESTMENT CORP	$0	–	-532,020	–	-0.46%	–
PDH	Exit	PETROLOGISTICS LPunit ltd pth int	$0	–	-310,000	–	-0.81%	–

Q2 2014

			Value		Shares		↓ Weighting
GLD	New	SPDR GOLD TRUST	$32,010,000	–	250,000	–	5.80%	–
MSFT	New	MICROSOFT CORP	$15,611,000	–	374,376	–	2.83%	–
APC	New	ANADARKO PETROLEUM CORP	$14,956,000	–	136,621	–	2.71%	–
MC	New	MOELIS & COcl a	$14,677,000	–	436,675	–	2.66%	–
PFE	New	PFIZER INC COMMON STOCK	$13,377,000	–	450,721	–	2.42%	–
ORCL	New	ORACLE CORP	$12,958,000	–	319,725	–	2.35%	–
OXY	New	OCCIDENTAL PETROLEUM	$11,633,000	–	113,345	–	2.11%	–
LNC	New	LINCOLN NATIONAL CORP INDIANA	$10,031,000	–	195,000	–	1.82%	–
JPM	New	JPMORGAN CHASE & COMPANY	$9,863,000	–	171,175	–	1.79%	–
TRV	New	TRAVELERS COS INC/THE	$9,407,000	–	100,000	–	1.70%	–
MET	New	METLIFE INC	$8,949,000	–	161,075	–	1.62%	–
APA	New	APACHE CORP	$8,553,000	–	85,000	–	1.55%	–
DAL	New	DELTA AIR LINES INC	$8,222,000	–	212,340	–	1.49%	–
EEP	New	ENBRIDGE ENERGY PARTNERS LP	$8,125,000	–	220,000	–	1.47%	–
AIZ	New	ASSURANT INC	$7,941,000	–	121,150	–	1.44%	–
C	New	CITIGROUP INC	$7,601,000	–	161,386	–	1.38%	–
RNF	New	RENTECH NITROGEN PARTNERS LP	$6,896,000	–	406,148	–	1.25%	–
PXD	New	PIONEER NATURAL RESOURCES CO	$6,664,000	–	29,000	–	1.21%	–
HPQ	New	HEWLETT-PACKARED CO COMMON STOCK	$6,516,000	–	193,480	–	1.18%	–
DE	New	DEERE & CO	$6,384,000	–	70,500	–	1.16%	–
CVA	New	COVANTA HOLDING CORP	$6,252,000	–	303,339	–	1.13%	–
AAL	New	AMERICAN AIRLINES GROUP INC	$6,014,000	–	140,000	–	1.09%	–
AET	New	AETNA INC	$5,676,000	–	70,000	–	1.03%	–
GM	New	GENREAL MOTORS CO	$5,661,000	–	155,940	–	1.03%	–
JNJ	New	JOHNSON & JOHNSON COMMON STOCK	$5,369,000	–	51,315	–	0.97%	–
CMCSK	New	COMCAST CORP CL A SPLcl a	$5,333,000	–	100,000	–	0.97%	–
UAN	New	CVR PARTNERS LP	$5,140,000	–	275,000	–	0.93%	–
PHM	New	PULTE CORP	$4,939,000	–	245,000	–	0.90%	–
DVN	New	DEVON ENERGY CORP	$4,724,000	–	59,500	–	0.86%	–
IBM	New	INTERNATIONAL BUSINESS MACHINE COMMON STOCK	$4,532,000	–	25,000	–	0.82%	–
ON	New	ON SEMICONDUCTOR CORPORATION	$4,486,000	–	490,825	–	0.81%	–
PDH	New	PETROLOGISTICS LPunit ltd pth int	$4,452,000	–	310,000	–	0.81%	–
BP	New	BP PLC-SPONS ADRsponsored adr	$4,373,000	–	82,907	–	0.79%	–
GOLD	New	BARRICK GOLD CORP	$4,370,000	–	238,794	–	0.79%	–
WPX	New	WPX ENERGY INC-W/I	$3,972,000	–	166,126	–	0.72%	–
NWSA	New	NEWS CORP - CLASS Acl a	$3,926,000	–	218,815	–	0.71%	–
AVT	New	AVNET INC	$3,782,000	–	85,350	–	0.69%	–
FDX	New	FEDEX CORPORATION	$3,785,000	–	25,000	–	0.69%	–
SNDK	New	SANDISK CORP	$3,759,000	–	36,000	–	0.68%	–
ETN	New	EATON CORP PLC	$3,733,000	–	48,370	–	0.68%	–
SPNV	New	SUPERIOR ENERGY SERVICES INC	$3,701,000	–	102,400	–	0.67%	–
RDSA	New	ROYAL DUTCH SHELL PLC-ADRsponsored adr	$3,668,000	–	44,532	–	0.66%	–
FCEA	New	FOREST CITY ENTERPRISES-CL Acl a	$3,490,000	–	175,625	–	0.63%	–
AIG	New	AMERICAN INTERNATIONAL GROUP	$3,379,000	–	61,900	–	0.61%	–
GTIV	New	GENTIVA HEALTH SERVICES	$3,336,000	–	221,483	–	0.60%	–
UAL	New	UAL CORP	$3,286,000	–	80,000	–	0.60%	–
CI	New	CIGNA CORP	$3,168,000	–	34,450	–	0.57%	–
QEPM	New	QEP MIDSTREAM PARTNERS LP	$3,106,000	–	120,616	–	0.56%	–
ESV	New	ENSCO INTERNATIONAL PLC	$3,056,000	–	55,000	–	0.55%	–
DNRCQ	New	DENBURY RESOURCES INC	$2,861,000	–	155,000	–	0.52%	–
SPLS	New	STAPLES INC	$2,866,000	–	264,428	–	0.52%	–
IPG	New	INTERPUBLIC GROUP COS	$2,854,000	–	146,275	–	0.52%	–
LM	New	LEGG MASON INC	$2,811,000	–	54,775	–	0.51%	–
TRW	New	TRW AUTOMOTIVE HOLDINGS CORP	$2,798,000	–	31,250	–	0.51%	–
DHI	New	DR HORTON INC	$2,778,000	–	113,000	–	0.50%	–
SPF	New	STANDARD PACIFIC CORP	$2,709,000	–	315,000	–	0.49%	–
MS	New	MORGAN STANLEY	$2,702,000	–	83,575	–	0.49%	–
ABT	New	ABBOTT LABORATORIES	$2,692,000	–	65,825	–	0.49%	–
LAMR	New	LAMAR ADVERTISING COcl a	$2,688,000	–	50,725	–	0.49%	–
PNC	New	PNC FINANCIAL SERVICES GROUP	$2,678,000	–	30,069	–	0.48%	–
STT	New	STATE STREET CORP	$2,672,000	–	39,725	–	0.48%	–
VOYA	New	VOYA FINANCIAL INC	$2,670,000	–	73,475	–	0.48%	–
XOM	New	EXXON MOBIL CORP	$2,666,000	–	26,475	–	0.48%	–
BAC	New	BANK OF AMERICA CORP	$2,593,000	–	168,675	–	0.47%	–
RCII	New	RENT-A-CENTER INC	$2,584,000	–	90,100	–	0.47%	–
NCT	New	NEWCASTLE INVESTMENT CORP	$2,548,000	–	532,020	–	0.46%	–
GS	New	GOLDMAN SACHS GROUP INC	$2,524,000	–	15,075	–	0.46%	–
DOOR	New	MASONITE INTERNATIONAL CORP	$2,454,000	–	43,625	–	0.44%	–
CNO	New	CNO FINANCIAL GROUP	$2,359,000	–	132,500	–	0.43%	–
SIRI	New	SIRIUS XM HOLDINGS INC	$2,362,000	–	682,730	–	0.43%	–
DRC	New	DRESSER-RAND GROUP INC	$2,345,000	–	36,790	–	0.42%	–
MDT	New	MEDTRONIC INC	$2,336,000	–	36,645	–	0.42%	–
PPL	New	PPL CORPORATION	$2,292,000	–	64,520	–	0.42%	–
VRTS	New	VIRTUS INVESTMENT PARTNERS	$2,286,000	–	10,795	–	0.41%	–
KO	New	COCA COLA CO COMMON STOCK	$2,270,000	–	53,590	–	0.41%	–
PRE	New	PARTNERRE LTD	$2,222,000	–	20,350	–	0.40%	–
6107SC	New	URS CORP	$2,223,000	–	48,475	–	0.40%	–
BHI	New	BAKER HUGHES INC	$2,181,000	–	29,300	–	0.40%	–
PCG	New	PG&E CORPORATION	$2,177,000	–	45,330	–	0.40%	–
HTZ	New	HERTZ GLOBAL HOLDINGS INC	$2,153,000	–	76,809	–	0.39%	–
BDX	New	BECTON DICKINSON & CO	$2,129,000	–	18,000	–	0.39%	–
INTC	New	INTEL CORP	$2,124,000	–	68,725	–	0.38%	–
OCIP	New	OCI PARTNERS LP	$2,125,000	–	100,000	–	0.38%	–
TEX	New	TEREX CORP	$2,094,000	–	50,950	–	0.38%	–
RDC	New	ROWAN COS INC (FORMERLY ROWAN DRILLING)	$2,075,000	–	65,000	–	0.38%	–
JIVE	New	JIVE SOFTWARE INC	$2,063,000	–	242,440	–	0.37%	–
HPT	New	HOSPITALITY PROPERTIES TRUST	$2,047,000	–	67,350	–	0.37%	–
NWS	New	NEWS CORP - CLASS Bcl b	$2,020,000	–	115,750	–	0.37%	–
AR	New	ANTERO RESOURCES CORP	$1,969,000	–	30,000	–	0.36%	–
RGA	New	REINSURANCE GROUP OF AMERICA	$1,894,000	–	24,000	–	0.34%	–
TEVA	New	TEVA PHARMACEUTICAL-SP ADR	$1,892,000	–	36,090	–	0.34%	–
PIPR	New	PIPER JAFFRAY COS	$1,885,000	–	36,420	–	0.34%	–
PH	New	PARKER HANNIFIN CORP	$1,880,000	–	14,950	–	0.34%	–
KBH	New	KB HOME	$1,868,000	–	100,000	–	0.34%	–
NSIT	New	INSIGHT ENTERPRISES INC	$1,813,000	–	58,968	–	0.33%	–
USTR	New	UNITED STATIONERS INC	$1,810,000	–	43,650	–	0.33%	–
CNW	New	CON-WAY INC	$1,807,000	–	35,850	–	0.33%	–
ORIG	New	OCEAN RIG UDW INC	$1,799,000	–	95,044	–	0.33%	–
TECD	New	TECH DATA CORP	$1,760,000	–	28,150	–	0.32%	–
OC	New	OWENS CORNING	$1,758,000	–	45,450	–	0.32%	–
ASB	New	ASSOCIATED BANC-CORP	$1,742,000	–	96,350	–	0.32%	–
DOW	New	DOW CHEMICAL CORP COMMON STOCK	$1,740,000	–	33,820	–	0.32%	–
CSCO	New	CISCO SYSTEMS INC	$1,740,000	–	70,000	–	0.32%	–
TTEK	New	TETRA TECH INC	$1,733,000	–	63,025	–	0.31%	–
MUSA	New	MURPHY USA INC	$1,717,000	–	35,125	–	0.31%	–
CRAY	New	CRAY INC	$1,695,000	–	63,709	–	0.31%	–
EPAC	New	ACTUANT CORP-CL Acl a	$1,617,000	–	46,775	–	0.29%	–
PF	New	PINNACLE FOODS INC	$1,580,000	–	48,020	–	0.29%	–
EMC	New	EMC CORPORATION COMMON STOCK	$1,580,000	–	60,000	–	0.29%	–
BRC	New	BRADY CORPORATION - CL Acl a	$1,558,000	–	52,150	–	0.28%	–
BK	New	BANK OF NEW YORK_MELLON COMMON STK	$1,507,000	–	40,217	–	0.27%	–
DAN	New	DANA HOLDING CORP	$1,498,000	–	61,349	–	0.27%	–
FMBI	New	FIRST MIDWEST BANCORP INC/IL	$1,488,000	–	87,375	–	0.27%	–
DIOD	New	DIODES INC	$1,464,000	–	50,550	–	0.26%	–
GMWSA	New	GENERAL MOTORS-CW16warrant	$1,452,000	–	54,576	–	0.26%	–
OMC	New	OMNICOM GROUP	$1,446,000	–	20,300	–	0.26%	–
NPBC	New	NATL PENN BCSHS INC	$1,406,000	–	132,900	–	0.26%	–
GRPU	New	GRANITE REAL ESTATE INVESTMENT TRSTunit	$1,388,000	–	37,300	–	0.25%	–
BBCN	New	BBCN BANCORP INC	$1,379,000	–	86,450	–	0.25%	–
SNV	New	SYNOVUS FINANCIAL CORP	$1,376,000	–	56,446	–	0.25%	–
WBS	New	WEBSTER FINANCIAL CORP	$1,369,000	–	43,400	–	0.25%	–
WCG	New	WELLCARE GROUP INC	$1,356,000	–	18,160	–	0.25%	–
DRH	New	DIAMONDROCK HOSPITALITY CO	$1,356,000	–	105,771	–	0.25%	–
TCF	New	TCF FINANCIAL CORP	$1,334,000	–	81,500	–	0.24%	–
CMCO	New	COLUMBUS MCKINNON CORP/NY	$1,320,000	–	48,793	–	0.24%	–
BKEP	New	BLUEKNIGHT ENERGY PARTNERS LP	$1,319,000	–	142,863	–	0.24%	–
PRI	New	PRIMERICA INC	$1,309,000	–	27,356	–	0.24%	–
PHMD	New	PHOTOMEDEX INC	$1,283,000	–	104,770	–	0.23%	–
NRG	New	NRG ENERGY INC	$1,281,000	–	34,446	–	0.23%	–
ARGO	New	ARGO GROUP INTERNATIONAL	$1,238,000	–	24,225	–	0.22%	–
AEL	New	AMERICAN EQUITY INVT LIFE HL	$1,203,000	–	48,900	–	0.22%	–
AAPL	New	APPLE COMPUTER INC	$1,159,000	–	12,475	–	0.21%	–
CHE	New	CHEMED CORP	$1,155,000	–	12,325	–	0.21%	–
TPC	New	TUTOR PERINI CORP	$1,153,000	–	36,325	–	0.21%	–
ARRS	New	ARRIS CORP	$1,135,000	–	34,900	–	0.21%	–
GFF	New	GRIFFON CORPORATION	$1,115,000	–	89,919	–	0.20%	–
TECK	New	TECK COMINCO LTD-CL Bcl b	$1,101,000	–	48,220	–	0.20%	–
MATW	New	MATTHEWS INTL CORP-CLASS Acl a	$1,095,000	–	26,350	–	0.20%	–
SRI	New	STONERIDGE INC	$1,061,000	–	99,000	–	0.19%	–
MWW	New	MONSTER WORLDWIDE INC	$1,051,000	–	160,675	–	0.19%	–
CRS	New	CARPENTER TECHNOLOGY	$1,031,000	–	16,300	–	0.19%	–
RYL	New	RYLAND GROUP INC	$1,025,000	–	26,000	–	0.19%	–
MWA	New	MUELLER WATER PRODUCTS INC-A	$1,021,000	–	118,125	–	0.18%	–
SCHN	New	SCHNITZER STEEL INDS INC-Acl a	$1,008,000	–	38,650	–	0.18%	–
KBR	New	KBR INC	$1,011,000	–	42,400	–	0.18%	–
PHH	New	PHH CORP	$998,000	–	43,425	–	0.18%	–
IOSP	New	INORG CHEM NEC	$937,000	–	21,698	–	0.17%	–
NG	New	NOVAGOLD RESOURCES INC	$932,000	–	221,363	–	0.17%	–
SYA	New	SYMETRA FINANCIAL CORP	$907,000	–	39,900	–	0.16%	–
ICON	New	ICONIX BRAND GROUP INC	$872,000	–	20,300	–	0.16%	–
UNM	New	UNUMPROVIDENT CORP.	$869,000	–	25,000	–	0.16%	–
AHL	New	ASPEN INSURANCE HOLDINGS LTD	$846,000	–	18,625	–	0.15%	–
GOV	New	GOVERNMENT PROPERTIES INCOME	$815,000	–	32,100	–	0.15%	–
MLHR	New	HERMAN MILLER INC	$819,000	–	27,075	–	0.15%	–
LENB	New	LENNAR CORP - B SHScl b	$806,000	–	22,680	–	0.15%	–
ARC	New	ARC DOCUMENT SOLUTIONS INC	$786,000	–	134,100	–	0.14%	–
EZPW	New	EZCORP INC-CL Acl a	$762,000	–	66,000	–	0.14%	–
CLF	New	CLIFFS NATURAL RESOURCES INC	$730,000	–	48,495	–	0.13%	–
KALU	New	KAISER ALUMINUM CORP	$729,000	–	10,000	–	0.13%	–
FCNCA	New	FIRST CITIZENS BCSHS -CL Acl a	$722,000	–	2,945	–	0.13%	–
HSC	New	HARSCO CORP	$719,000	–	27,000	–	0.13%	–
TUP	New	TUPPERWARE CORP	$703,000	–	8,400	–	0.13%	–
WLTGQ	New	WALTER INDUSTRIES INC	$673,000	–	123,419	–	0.12%	–
FHN	New	FIRST HORIZON NATIONAL CORP	$668,000	–	56,300	–	0.12%	–
TMO	New	THERMO FISHER SCIENTIFIC INC COMMON STOCK	$644,000	–	5,458	–	0.12%	–
ENDP	New	ENDO INTERNATIONAL PLC	$642,000	–	9,167	–	0.12%	–
LXK	New	LEXMARK INTL GROUP INC-CL Acl a	$636,000	–	13,200	–	0.12%	–
GXP	New	GREAT PLAINS ENERGY INC	$626,000	–	23,300	–	0.11%	–
CSH	New	CASH AMERICA INTL INC	$609,000	–	13,700	–	0.11%	–
PSTB	New	PARK STERLING CORP	$586,000	–	88,966	–	0.11%	–
WOOF	New	VCA INC	$573,000	–	16,325	–	0.10%	–
WSFS	New	WSFS FINANCIAL CORP	$554,000	–	7,525	–	0.10%	–
ROCK	New	GIBRALTAR INDUSTRIES INC	$544,000	–	35,050	–	0.10%	–
GOOGL	New	GOOGLE INC-CL Acl a	$547,000	–	935	–	0.10%	–
SAIC	New	SCIENCE APPLICATIONS INTE	$548,000	–	12,400	–	0.10%	–
GOOG	New	GOOGLE INC-CL Ccl c	$538,000	–	935	–	0.10%	–
ENH	New	ENDURANCE SPECIALTY HOLDINGS	$540,000	–	10,475	–	0.10%	–
GCA	New	GLOBAL CASH ACCESS INC	$537,000	–	60,316	–	0.10%	–
CASLQ	New	CASTLE (A.M.) & CO	$488,000	–	44,200	–	0.09%	–
TITN	New	TITAN MACHINERY INC	$462,000	–	28,073	–	0.08%	–
MERC	New	MERCER INTERNATIONAL INC	$455,000	–	43,300	–	0.08%	–
KS	New	KAPSTONE PAPER AND PACKAGING	$444,000	–	13,400	–	0.08%	–
POR	New	PORTLAND GENERAL ELECTRIC	$440,000	–	12,700	–	0.08%	–
CDVIQ	New	CAL DIVE INTERNATIONAL INC	$420,000	–	317,900	–	0.08%	–
HIIQ	New	HEALTH INSURANCE INNOVATIO-A	$384,000	–	31,200	–	0.07%	–
AGX	New	ARGAN INC	$352,000	–	9,451	–	0.06%	–
NNI	New	NELNET INC-CL Acl a	$327,000	–	7,900	–	0.06%	–
THC	New	TENET HEALTHCARE CORP	$311,000	–	6,625	–	0.06%	–
JWA	New	WILEY (JOHN) & SONS-CLASS Acl a	$300,000	–	4,948	–	0.05%	–
UFPT	New	UFP TECHNOLOGIES INC	$293,000	–	12,143	–	0.05%	–
ELY	New	CALLAWAY GOLF COMPANY	$280,000	–	33,600	–	0.05%	–
MLR	New	MILLER INDUSTRIES INC/TENN	$275,000	–	13,373	–	0.05%	–
KTOS	New	KRATOS DEFENSE & SECURITY	$221,000	–	28,300	–	0.04%	–
XL	New	XL GROUP PLC	$168,000	–	5,132	–	0.03%	–
WTSLQ	New	WET SEAL INC/THE CLASS Acl a	$64,000	–	70,400	–	0.01%	–

Q4 2013

			Value		Shares		↓ Weighting
NG	Exit	NOVAGOLD RESOURCES INC	$0	–	-43,627	–	-0.02%	–
PEIX	Exit	PACIFIC ETHANOL INC	$0	–	-40,000	–	-0.03%	–
IILG	Exit	INTERVAL LEISURE GROUP	$0	–	-8,568	–	-0.04%	–
SKX	Exit	SKECHERS USA INC-CL Acl a	$0	–	-6,467	–	-0.04%	–
AEP	Exit	AMERICAN ELECT PWR INC	$0	–	-6,154	–	-0.05%	–
TRV	Exit	TRAVELERS COS INC/THE	$0	–	-16,900	–	-0.06%	–
WTSLQ	Exit	WET SEAL INC/THE CLASS Acl a	$0	–	-70,400	–	-0.06%	–
MLR	Exit	MILLER INDUSTRIES INC/TENN	$0	–	-16,262	–	-0.06%	–
POR	Exit	PORTLAND GENERAL ELECTRIC	$0	–	-10,200	–	-0.06%	–
KS	Exit	KAPSTONE PAPER AND PACKAGING	$0	–	-6,700	–	-0.06%	–
ELY	Exit	CALLAWAY GOLF COMPANY	$0	–	-40,500	–	-0.06%	–
CSH	Exit	CASH AMERICA INTL INC	$0	–	-6,400	–	-0.06%	–
HII	Exit	HUNTINGTON INGALLS INDUSTRIES	$0	–	-4,675	–	-0.06%	–
NNI	Exit	NELNET INC-CL Acl a	$0	–	-8,600	–	-0.07%	–
AGX	Exit	ARGAN INC	$0	–	-15,351	–	-0.07%	–
CMCO	Exit	COLUMBUS MCKINNON CORP/NY	$0	–	-14,485	–	-0.07%	–
THC	Exit	TENET HEALTHCARE CORP	$0	–	-8,725	–	-0.07%	–
UFPT	Exit	UFP TECHNOLOGIES INC	$0	–	-19,243	–	-0.09%	–
GXP	Exit	GREAT PLAINS ENERGY INC	$0	–	-20,700	–	-0.09%	–
GTIV	Exit	GENTIVA HEALTH SERVICES	$0	–	-38,491	–	-0.09%	–
XL	Exit	XL GROUP PLC	$0	–	-15,200	–	-0.09%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-5,458	–	-0.10%	–
ARRS	Exit	ARRIS CORP	$0	–	-29,800	–	-0.10%	–
JWA	Exit	WILEY (JOHN) & SONS-CLASS Acl a	$0	–	-10,800	–	-0.10%	–
LXK	Exit	LEXMARK INTL GROUP INC-CL Acl a	$0	–	-16,100	–	-0.11%	–
SCHN	Exit	SCHNITZER STEEL INDS INC-Acl a	$0	–	-19,675	–	-0.11%	–
WSFS	Exit	WSFS FINANCIAL CORP	$0	–	-9,400	–	-0.11%	–
LENB	Exit	LENNAR CORP - B SHScl b	$0	–	-20,380	–	-0.12%	–
TTEK	Exit	TETRA TECH INC	$0	–	-22,675	–	-0.12%	–
GOV	Exit	GOVERNMENT PROPERTIES INCOME	$0	–	-24,500	–	-0.12%	–
PSTB	Exit	PARK STERLING CORP	$0	–	-91,866	–	-0.12%	–
ARC	Exit	AMERICAN REPROGRAPHICS CO	$0	–	-130,375	–	-0.12%	–
FCNCA	Exit	FIRST CITIZENS BCSHS -CL Acl a	$0	–	-2,945	–	-0.12%	–
CDVIQ	Exit	CAL DIVE INTERNATIONAL INC	$0	–	-301,800	–	-0.12%	–
FMBI	Exit	FIRST MIDWEST BANCORP INC/IL	$0	–	-41,425	–	-0.13%	–
KO	Exit	COCA COLA CO	$0	–	-16,600	–	-0.13%	–
NVE	Exit	NV ENERGY INC	$0	–	-27,100	–	-0.13%	–
PIPR	Exit	PIPER JAFFRAY COS	$0	–	-19,000	–	-0.13%	–
ORIG	Exit	OCEAN RIG UDW INC	$0	–	-37,344	–	-0.14%	–
KALU	Exit	KAISER ALUMINUM CORP	$0	–	-9,700	–	-0.14%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-22,185	–	-0.14%	–
MWW	Exit	MONSTER WORLDWIDE INC	$0	–	-160,675	–	-0.14%	–
CASLQ	Exit	CASTLE (A.M.) & CO	$0	–	-44,400	–	-0.14%	–
ENDP	Exit	ENDO HEALTH SOLUTIONS INC	$0	–	-16,200	–	-0.15%	–
UEC	Exit	URANIUM ENERGY CORP	$0	–	-329,700	–	-0.15%	–
SNV	Exit	SYNOVUS FINANCIAL CORP	$0	–	-224,900	–	-0.15%	–
AON	Exit	AON CORP	$0	–	-10,000	–	-0.15%	–
TUP	Exit	TUPPERWARE CORP	$0	–	-8,800	–	-0.15%	–
MLHR	Exit	HERMAN MILLER INC	$0	–	-27,075	–	-0.16%	–
EZPW	Exit	EZCORP INC-CL Acl a	$0	–	-47,900	–	-0.16%	–
PL	Exit	PROTECTIVE LIFE CORP	$0	–	-19,860	–	-0.17%	–
ICON	Exit	ICONIX BRAND GROUP INC	$0	–	-26,300	–	-0.18%	–
AROPQ	Exit	AEROPOSTALE INC	$0	–	-93,750	–	-0.18%	–
CRS	Exit	CARPENTER TECHNOLOGY	$0	–	-15,500	–	-0.18%	–
HES	Exit	HESS CORP	$0	–	-11,850	–	-0.18%	–
NEM	Exit	NEWMONT MINING CORP	$0	–	-32,565	–	-0.18%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-27,725	–	-0.19%	–
NRG	Exit	NRG ENERGY INC	$0	–	-34,446	–	-0.19%	–
F102PS	Exit	BABCOCK & WILCOX CO/THE	$0	–	-28,121	–	-0.19%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHINE	$0	–	-20,598	–	-0.19%	–
AGN	Exit	ALLERGAN INC	$0	–	-10,665	–	-0.20%	–
BKS	Exit	BARNES & NOBLE INC	$0	–	-75,041	–	-0.20%	–
USTR	Exit	UNITED STATIONERS INC	$0	–	-23,375	–	-0.20%	–
DELL	Exit	DELL COMPUTER CORP	$0	–	-75,325	–	-0.21%	–
MATW	Exit	MATTHEWS INTL CORP-CLASS Acl a	$0	–	-27,400	–	-0.21%	–
MDT	Exit	MEDTRONIC INC	$0	–	-20,680	–	-0.22%	–
GCA	Exit	GLOBAL CASH ACCESS INC	$0	–	-142,016	–	-0.22%	–
WBS	Exit	WEBSTER FINANCIAL CORP	$0	–	-43,400	–	-0.22%	–
NSIT	Exit	INSIGHT ENTERPRISES INC	$0	–	-58,968	–	-0.22%	–
GRPU	Exit	GRANITE REAL ESTATE INVESTMENT TRSTunit	$0	–	-31,300	–	-0.22%	–
IR	Exit	INGERSOLL RAND CO	$0	–	-17,405	–	-0.23%	–
GFF	Exit	GRIFFON CORPORATION	$0	–	-89,919	–	-0.23%	–
DRH	Exit	DIAMONDROCK HOSPITALITY CO	$0	–	-105,771	–	-0.23%	–
PHH	Exit	PHH CORP	$0	–	-48,100	–	-0.23%	–
MWA	Exit	MUELLER WATER PRODUCTS INC-A	$0	–	-145,225	–	-0.23%	–
TEP	Exit	TALLGRASS ENERGY PARTNERS LP	$0	–	-50,000	–	-0.24%	–
AAPL	Exit	APPLE COMPUTER INC	$0	–	-2,475	–	-0.24%	–
CHE	Exit	CHEMED CORP	$0	–	-16,900	–	-0.24%	–
PRI	Exit	PRIMERICA INC	$0	–	-30,631	–	-0.25%	–
NPBC	Exit	NATL PENN BCSHS INC	$0	–	-126,475	–	-0.26%	–
EGL	Exit	ENGILITY HOLDINGS INC - W/I	$0	–	-40,680	–	-0.26%	–
HHS	Exit	HARTE-HANKS INC	$0	–	-147,625	–	-0.26%	–
LSE	Exit	CAPITAL LEASE FUNDING INC	$0	–	-154,081	–	-0.26%	–
JNY	Exit	JONES APPAREL GROUP INC	$0	–	-88,334	–	-0.27%	–
DAN	Exit	DANA HOLDING CORP	$0	–	-60,324	–	-0.28%	–
CPLP	Exit	CAPITAL PRODUCT PARTNERS LP	$0	–	-154,394	–	-0.28%	–
WOOF	Exit	VCA ANTECH INC	$0	–	-50,475	–	-0.28%	–
ATI	Exit	ALLEGHENY TECHNOLOGIES INC	$0	–	-45,572	–	-0.28%	–
BBCN	Exit	BBCN BANCORP INC	$0	–	-102,050	–	-0.28%	–
TPC	Exit	TUTOR PERINI CORP	$0	–	-66,250	–	-0.28%	–
GMWSA	Exit	GENERAL MOTORS-CW16warrant	$0	–	-54,576	–	-0.29%	–
AXE	Exit	ANIXTER INTERNATIONAL INC	$0	–	-16,750	–	-0.30%	–
EPAC	Exit	ACTUANT CORP-CL Acl a	$0	–	-38,725	–	-0.30%	–
DIOD	Exit	DIODES INC	$0	–	-61,450	–	-0.30%	–
BRC	Exit	BRADY CORPORATION - CL Acl a	$0	–	-50,350	–	-0.31%	–
EMC	Exit	EMC CORPORATION	$0	–	-60,000	–	-0.31%	–
UAL	Exit	UAL CORP	$0	–	-50,000	–	-0.31%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-17,850	–	-0.31%	–
TCF	Exit	TCF FINANCIAL CORP	$0	–	-107,675	–	-0.31%	–
AEL	Exit	AMERICAN EQUITY INVT LIFE HL	$0	–	-74,950	–	-0.32%	–
RGA	Exit	REINSURANCE GROUP OF AMERICA	$0	–	-24,000	–	-0.32%	–
BXS	Exit	BANCORPSOUTH INC	$0	–	-80,905	–	-0.32%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-70,000	–	-0.33%	–
AHL	Exit	ASPEN INSURANCE HOLDINGS LTD	$0	–	-45,800	–	-0.34%	–
PHMD	Exit	PHOTOMEDEX INC	$0	–	-104,770	–	-0.34%	–
TEVA	Exit	TEVA PHARMACEUTICAL-SP ADR	$0	–	-44,455	–	-0.34%	–
HSC	Exit	HARSCO CORP	$0	–	-68,400	–	-0.34%	–
DOOR	Exit	MASONITE INTERNATIONAL CORP	$0	–	-35,300	–	-0.35%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-17,625	–	-0.36%	–
IM	Exit	INGRAM MICRO INC-CL Acl a	$0	–	-77,300	–	-0.36%	–
CNW	Exit	CON-WAY INC	$0	–	-41,675	–	-0.36%	–
ARGO	Exit	ARGO GROUP INTERNATIONAL	$0	–	-42,075	–	-0.36%	–
LH	Exit	LABORATORY CRP OF AMER HLDGS	$0	–	-18,250	–	-0.36%	–
QEPM	Exit	QEP MIDSTREAM PARTNERS LP	$0	–	-80,000	–	-0.36%	–
PCG	Exit	P G & E CORPORATION	$0	–	-45,834	–	-0.38%	–
VRTS	Exit	VIRTUS INVESTMENT PARTNERS	$0	–	-11,595	–	-0.38%	–
HMA	Exit	HEALTH MGMT ASSOCIATES INC-Acl a	$0	–	-147,390	–	-0.38%	–
NWS	Exit	NEWS CORP - CLASS Bcl b	$0	–	-115,750	–	-0.38%	–
TRW	Exit	TRW AUTOMOTIVE HOLDINGS CORP	$0	–	-26,825	–	-0.39%	–
STT	Exit	STATE STREET CORP	$0	–	-29,375	–	-0.39%	–
VOYA	Exit	ING US INC	$0	–	-66,675	–	-0.39%	–
MS	Exit	MORGAN ST DEAN WITTER DISCOV	$0	–	-72,550	–	-0.39%	–
TEL	Exit	TE CONNECTIVITY LTD.	$0	–	-38,075	–	-0.40%	–
WCG	Exit	WELLCARE GROUP INC	$0	–	-28,410	–	-0.40%	–
BAC	Exit	BANK OF AMERICA CORP	$0	–	-146,050	–	-0.41%	–
BK	Exit	BANK OF NEW YORK	$0	–	-67,012	–	-0.41%	–
WLTGQ	Exit	WALTER INDUSTRIES INC	$0	–	-144,600	–	-0.41%	–
3106PS	Exit	DELPHI AUTOMOTIVE PLC	$0	–	-34,800	–	-0.41%	–
CNO	Exit	CONSECO INC	$0	–	-142,500	–	-0.41%	–
OMC	Exit	OMNICOM GROUP	$0	–	-32,725	–	-0.42%	–
PH	Exit	PARKER HANNIFIN CORP	$0	–	-19,125	–	-0.42%	–
PBF	Exit	PBF ENERGY INCcl a	$0	–	-93,100	–	-0.42%	–
ET	Exit	ENERGY TRANSFER EQUITY LP	$0	–	-32,500	–	-0.43%	–
PRE	Exit	PARTNERRE LTD	$0	–	-23,350	–	-0.43%	–
HPT	Exit	HOSPITALITY PROPERTIES TRUST	$0	–	-77,675	–	-0.44%	–
VCI	Exit	VALASSIS COMMUNICATIONS INC	$0	–	-78,000	–	-0.46%	–
NWSA	Exit	NEWS CORP - CLASS Acl a	$0	–	-142,510	–	-0.46%	–
LLL	Exit	L-3 COMMUNICATIONS CORP	$0	–	-24,400	–	-0.46%	–
COG	Exit	CABOT OIL & GAS CORP -CL A	$0	–	-63,000	–	-0.47%	–
PNC	Exit	PNC FINANCIAL CORP	$0	–	-32,644	–	-0.48%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-15,075	–	-0.48%	–
OC	Exit	OWENS CORNING	$0	–	-63,550	–	-0.49%	–
CRAY	Exit	CRAY INC	$0	–	-100,908	–	-0.49%	–
IVZ	Exit	INVESCO LTD	$0	–	-79,350	–	-0.51%	–
BKEP	Exit	BLUEKNIGHT ENERGY PARTNERS LP	$0	–	-315,610	–	-0.52%	–
RCII	Exit	RENT-A-CENTER INC	$0	–	-68,250	–	-0.52%	–
6107SC	Exit	URS CORP	$0	–	-49,300	–	-0.54%	–
RDC	Exit	ROWAN COS INC	$0	–	-75,000	–	-0.56%	–
RDSA	Exit	ROYAL DUTCH SHELL PLC-ADRsponsored adr	$0	–	-42,881	–	-0.57%	–
BHI	Exit	BAKER HUGHES INC	$0	–	-57,600	–	-0.57%	–
GOLD	Exit	BARRICK GOLD CORP	$0	–	-153,241	–	-0.58%	–
DNRCQ	Exit	DENBURY RESOURCES INC	$0	–	-155,000	–	-0.58%	–
LM	Exit	LEGG MASON INC	$0	–	-85,825	–	-0.58%	–
GOOGL	Exit	GOOGLE INC-CL Acl a	$0	–	-3,325	–	-0.59%	–
SPNV	Exit	SUPERIOR ENERGY SERVICES INC	$0	–	-124,500	–	-0.63%	–
AIG	Exit	AMERICAN INTERNATIONAL GROUP	$0	–	-64,700	–	-0.64%	–
ESV	Exit	ENSCO INTERNATIONAL INC	$0	–	-60,000	–	-0.65%	–
PDH	Exit	PETROLOGISTICS LPunit ltd pth int	$0	–	-272,000	–	-0.66%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-68,459	–	-0.66%	–
XRX	Exit	XEROX CORP	$0	–	-317,960	–	-0.66%	–
SPLS	Exit	STAPLES INC	$0	–	-246,598	–	-0.73%	–
MWE	Exit	MARKWEST ENERGY PARTNERS LPunit lp	$0	–	-50,000	–	-0.73%	–
BP	Exit	BP PLC-SPONS ADRsponsored adr	$0	–	-86,282	–	-0.73%	–
ETN	Exit	EATON CORP PLC	$0	–	-55,540	–	-0.77%	–
PHM	Exit	PULTE CORP	$0	–	-245,000	–	-0.82%	–
AVT	Exit	AVNET INC	$0	–	-98,400	–	-0.83%	–
UAN	Exit	CVR PARTNERS LP	$0	–	-240,000	–	-0.86%	–
DE	Exit	DEERE & CO	$0	–	-60,000	–	-0.98%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-56,750	–	-0.99%	–
HPQ	Exit	HEWLETT-PACKARD CO.	$0	–	-245,505	–	-1.04%	–
DVN	Exit	DEVON ENERGY CORP	$0	–	-92,035	–	-1.07%	–
APA	Exit	APACHE CORP	$0	–	-65,000	–	-1.12%	–
C	Exit	CITIGROUP INC	$0	–	-117,291	–	-1.15%	–
WPX	Exit	WPX ENERGY INC-W/I	$0	–	-297,175	–	-1.16%	–
MET	Exit	METLIFE INC	$0	–	-128,875	–	-1.22%	–
RNF	Exit	RENTECH NITROGEN PARTNERS LP	$0	–	-253,448	–	-1.25%	–
DAL	Exit	DELTA AIR LINES INC	$0	–	-274,555	–	-1.31%	–
EEP	Exit	ENBRIDGE ENERGY PARTNERS LP	$0	–	-220,000	–	-1.35%	–
BA	Exit	BOEING COMPANY	$0	–	-62,500	–	-1.48%	–
PXD	Exit	PIONEER NATURAL RESOURCES CO	$0	–	-40,000	–	-1.52%	–
AIZ	Exit	ASSURANT INC	$0	–	-153,800	–	-1.68%	–
LNC	Exit	LINCOLN NATIONAL CORP INDIANA	$0	–	-203,000	–	-1.72%	–
CMCSK	Exit	COMCAST CORP CL A SPLcl a	$0	–	-200,000	–	-1.75%	–
JPM	Exit	JPMORGAN CHASE & COMPANY	$0	–	-171,175	–	-1.78%	–
FDX	Exit	FEDEX CORPORATION	$0	–	-83,500	–	-1.92%	–
IOSP	Exit	Inorg Chem Nec	$0	–	-58,695	–	-2.19%	–
OXY	Exit	OCCIDENTAL PETROLEUM	$0	–	-117,045	–	-2.21%	–
TITN	Exit	TITAN MACHINERY INC	$0	–	-131,000	–	-2.24%	–
PFE	Exit	PFIZER INC	$0	–	-437,071	–	-2.53%	–
APC	Exit	ANADARKO PETROLEUM CORP	$0	–	-149,626	–	-2.81%	–
ORCL	Exit	ORACLE CORP	$0	–	-528,695	–	-3.54%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-549,220	–	-3.69%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-250,000	–	-6.47%	–

Q3 2013

			Value		Shares		↓ Weighting
MSFT	Buy	MICROSOFT CORP	$18,278,000	+1.5%	549,220	+5.4%	3.69%	-3.8%
ORCL	Buy	ORACLE CORP	$17,537,000	+29.1%	528,695	+19.5%	3.54%	+22.2%
APC	Sell	ANADARKO PETROLEUM CORP	$13,914,000	+5.5%	149,626	-2.5%	2.81%	-0.1%
PFE	Buy	PFIZER INC	$12,555,000	+15.5%	437,071	+12.6%	2.53%	+9.3%
TITN	New	TITAN MACHINERY INC	$11,105,000	–	131,000	–	2.24%	–
OXY	Buy	OCCIDENTAL PETROLEUM	$10,948,000	+11.6%	117,045	+6.5%	2.21%	+5.7%
IOSP	Buy	Inorg Chem Nec	$10,869,000	+1181.7%	58,695	+178.2%	2.19%	+1111.6%
CMCSK	Sell	COMCAST CORP CL A SPLcl a	$8,670,000	-12.6%	200,000	-20.0%	1.75%	-17.2%
AIZ	Buy	ASSURANT INC	$8,321,000	+10.6%	153,800	+4.1%	1.68%	+4.7%
BA	Buy	BOEING COMPANY	$7,344,000	+120.6%	62,500	+92.3%	1.48%	+109.0%
DAL	Buy	DELTA AIR LINES INC	$6,477,000	+52.7%	274,555	+21.1%	1.31%	+44.6%
RNF	Buy	RENTECH NITROGEN PARTNERS LP	$6,215,000	-8.1%	253,448	+10.3%	1.25%	-13.0%
MET	Sell	METLIFE INC	$6,051,000	-7.8%	128,875	-10.1%	1.22%	-12.7%
C	Sell	CITIGROUP INC	$5,690,000	-7.0%	117,291	-8.0%	1.15%	-11.9%
DVN	Sell	DEVON ENERGY CORP	$5,316,000	-8.5%	92,035	-17.9%	1.07%	-13.3%
HPQ	Sell	HEWLETT-PACKARD CO.	$5,153,000	-24.4%	245,505	-10.7%	1.04%	-28.4%
UAN	Buy	CVR PARTNERS LP	$4,248,000	-6.6%	240,000	+20.0%	0.86%	-11.6%
AVT	Buy	AVNET INC	$4,104,000	+24.6%	98,400	+0.4%	0.83%	+17.9%
PHM	New	PULTE CORP	$4,043,000	–	245,000	–	0.82%	–
ETN	Buy	EATON CORP PLC	$3,823,000	+29.9%	55,540	+24.2%	0.77%	+23.0%
MWE	Sell	MARKWEST ENERGY PARTNERS LPunit lp	$3,612,000	-46.0%	50,000	-50.0%	0.73%	-48.8%
SPLS	Sell	STAPLES INC	$3,613,000	-35.8%	246,598	-30.5%	0.73%	-39.2%
XRX	Sell	XEROX CORP	$3,272,000	-32.0%	317,960	-40.1%	0.66%	-35.6%
SPNV	Buy	SUPERIOR ENERGY SERVICES INC	$3,117,000	+1001.4%	124,500	+1042.2%	0.63%	+948.3%
LM	Buy	LEGG MASON INC	$2,870,000	+45.5%	85,825	+34.9%	0.58%	+37.9%
RDSA	Buy	ROYAL DUTCH SHELL PLC-ADRsponsored adr	$2,816,000	+4.4%	42,881	+1.4%	0.57%	-1.2%
RCII	Sell	RENT-A-CENTER INC	$2,601,000	+1.0%	68,250	-0.5%	0.52%	-4.4%
BKEP	Buy	BLUEKNIGHT ENERGY PARTNERS LP	$2,591,000	-6.3%	315,610	+0.1%	0.52%	-11.2%
OC	Buy	OWENS CORNING	$2,414,000	+10.3%	63,550	+13.4%	0.49%	+4.5%
COG	Buy	CABOT OIL & GAS CORP -CL A	$2,351,000	+5.1%	63,000	+100.0%	0.47%	-0.6%
NWSA	New	NEWS CORP - CLASS Acl a	$2,289,000	–	142,510	–	0.46%	–
ET	Sell	ENERGY TRANSFER EQUITY LP	$2,138,000	-40.4%	32,500	-45.8%	0.43%	-43.7%
CNO	Sell	CONSECO INC	$2,052,000	+6.5%	142,500	-4.1%	0.41%	+1.0%
3106PS	Sell	DELPHI AUTOMOTIVE PLC	$2,033,000	-20.1%	34,800	-30.7%	0.41%	-24.4%
TEL	Sell	TE CONNECTIVITY LTD.	$1,972,000	-21.4%	38,075	-30.9%	0.40%	-25.5%
MS	Sell	MORGAN ST DEAN WITTER DISCOV	$1,955,000	-3.5%	72,550	-12.5%	0.39%	-8.8%
TRW	New	TRW AUTOMOTIVE HOLDINGS CORP	$1,913,000	–	26,825	–	0.39%	–
NWS	New	NEWS CORP - CLASS Bcl b	$1,902,000	–	115,750	–	0.38%	–
VRTS	Buy	VIRTUS INVESTMENT PARTNERS	$1,886,000	+37.3%	11,595	+48.7%	0.38%	+30.0%
HMA	New	HEALTH MGMT ASSOCIATES INC-Acl a	$1,887,000	–	147,390	–	0.38%	–
PCG	Sell	P G & E CORPORATION	$1,876,000	-66.7%	45,834	-62.8%	0.38%	-68.4%
QEPM	New	QEP MIDSTREAM PARTNERS LP	$1,811,000	–	80,000	–	0.36%	–
IM	Sell	INGRAM MICRO INC-CL Acl a	$1,782,000	-8.0%	77,300	-24.2%	0.36%	-12.8%
DOOR	New	MASONITE INTERNATIONAL CORP	$1,727,000	–	35,300	–	0.35%	–
TEVA	Sell	TEVA PHARMACEUTICAL-SP ADR	$1,680,000	-24.1%	44,455	-21.3%	0.34%	-28.2%
AHL	Buy	ASPEN INSURANCE HOLDINGS LTD	$1,662,000	+18.2%	45,800	+20.8%	0.34%	+11.7%
CSCO	New	CISCO SYSTEMS INC	$1,640,000	–	70,000	–	0.33%	–
RGA	New	REINSURANCE GROUP OF AMERICA	$1,608,000	–	24,000	–	0.32%	–
AEL	Sell	AMERICAN EQUITY INVT LIFE HL	$1,590,000	+9.0%	74,950	-19.3%	0.32%	+3.2%
BRC	Buy	BRADY CORPORATION - CL Acl a	$1,536,000	+5.4%	50,350	+6.2%	0.31%	0.0%
DIOD	Sell	DIODES INC	$1,506,000	-11.0%	61,450	-5.7%	0.30%	-15.8%
EPAC	Sell	ACTUANT CORP-CL Acl a	$1,504,000	-1.2%	38,725	-16.1%	0.30%	-6.5%
AXE	Buy	ANIXTER INTERNATIONAL INC	$1,468,000	+36.6%	16,750	+18.2%	0.30%	+29.3%
ATI	Buy	ALLEGHENY TECHNOLOGIES INC	$1,391,000	+80.4%	45,572	+55.5%	0.28%	+71.3%
CPLP	Sell	CAPITAL PRODUCT PARTNERS LP	$1,390,000	-40.1%	154,394	-38.2%	0.28%	-43.3%
JNY	Sell	JONES APPAREL GROUP INC	$1,326,000	-9.7%	88,334	-17.3%	0.27%	-14.4%
HHS	Sell	HARTE-HANKS INC	$1,304,000	-22.9%	147,625	-25.0%	0.26%	-26.9%
CHE	New	CHEMED CORP	$1,208,000	–	16,900	–	0.24%	–
TEP	Sell	TALLGRASS ENERGY PARTNERS LP	$1,165,000	-44.5%	50,000	-50.0%	0.24%	-47.4%
MWA	Sell	MUELLER WATER PRODUCTS INC-A	$1,160,000	-25.7%	145,225	-35.7%	0.23%	-29.7%
GCA	Sell	GLOBAL CASH ACCESS INC	$1,109,000	+1.9%	142,016	-18.3%	0.22%	-3.4%
MDT	Sell	MEDTRONIC INC	$1,101,000	-48.1%	20,680	-49.8%	0.22%	-50.9%
DELL	Sell	DELL COMPUTER CORP	$1,036,000	-46.6%	75,325	-48.3%	0.21%	-49.5%
AGN	New	ALLERGAN INC	$965,000	–	10,665	–	0.20%	–
IBM	Sell	INTERNATIONAL BUSINESS MACHINE	$961,000	-93.2%	20,598	-72.3%	0.19%	-93.6%
NEM	New	NEWMONT MINING CORP	$915,000	–	32,565	–	0.18%	–
ICON	Sell	ICONIX BRAND GROUP INC	$874,000	+6.2%	26,300	-6.1%	0.18%	+0.6%
SNV	Buy	SYNOVUS FINANCIAL CORP	$742,000	+58.9%	224,900	+40.5%	0.15%	+51.5%
AON	New	AON CORP	$744,000	–	10,000	–	0.15%	–
CASLQ	Buy	CASTLE (A.M.) & CO	$715,000	+15.5%	44,400	+13.0%	0.14%	+9.1%
ORIG	Buy	OCEAN RIG UDW INC	$680,000	+164.6%	37,344	+171.7%	0.14%	+149.1%
PIPR	New	PIPER JAFFRAY COS	$652,000	–	19,000	–	0.13%	–
FMBI	New	FIRST MIDWEST BANCORP INC/IL	$625,000	–	41,425	–	0.13%	–
CDVIQ	Buy	CAL DIVE INTERNATIONAL INC	$619,000	+34.3%	301,800	+23.1%	0.12%	+27.6%
FCNCA	Buy	FIRST CITIZENS BCSHS -CL Acl a	$605,000	+65.8%	2,945	+55.0%	0.12%	+56.4%
GOV	Buy	GOVERNMENT PROPERTIES INCOME	$586,000	+32.0%	24,500	+39.2%	0.12%	+24.2%
LENB	Buy	LENNAR CORP - B SHScl b	$584,000	+41.4%	20,380	+39.8%	0.12%	+34.1%
TTEK	New	TETRA TECH INC	$587,000	–	22,675	–	0.12%	–
WSFS	Sell	WSFS FINANCIAL CORP	$566,000	-28.4%	9,400	-37.7%	0.11%	-32.5%
SCHN	New	SCHNITZER STEEL INDS INC-Acl a	$541,000	–	19,675	–	0.11%	–
LXK	Sell	LEXMARK INTL GROUP INC-CL Acl a	$531,000	-9.1%	16,100	-15.7%	0.11%	-13.7%
CMCO	New	COLUMBUS MCKINNON CORP/NY	$348,000	–	14,485	–	0.07%	–
AGX	Sell	ARGAN INC	$337,000	+28.6%	15,351	-8.5%	0.07%	+21.4%
HII	Sell	HUNTINGTON INGALLS INDUSTRIES	$315,000	-41.4%	4,675	-50.9%	0.06%	-44.3%
KS	Sell	KAPSTONE PAPER AND PACKAGING	$287,000	-44.6%	6,700	-48.1%	0.06%	-47.3%
POR	New	PORTLAND GENERAL ELECTRIC	$288,000	–	10,200	–	0.06%	–
WTSLQ	Buy	WET SEAL INC/THE CLASS Acl a	$277,000	-4.2%	70,400	+14.8%	0.06%	-9.7%
TRV	Sell	TRAVELERS COS INC/THE	$272,000	-97.6%	16,900	-87.9%	0.06%	-97.7%
AEP	New	AMERICAN ELECT PWR INC	$267,000	–	6,154	–	0.05%	–
IILG	New	INTERVAL LEISURE GROUP	$202,000	–	8,568	–	0.04%	–
SKX	Sell	SKECHERS USA INC-CL Acl a	$201,000	-77.9%	6,467	-83.0%	0.04%	-78.9%
PEIX	Sell	PACIFIC ETHANOL INC	$140,000	-29.6%	40,000	-20.0%	0.03%	-33.3%
NG	New	NOVAGOLD RESOURCES INC	$101,000	–	43,627	–	0.02%	–
CVRR	Exit	CVR REFINING LP	$0	–	-17,640	–	-0.11%	–
CIR	Exit	CIRCOR INTERNATIONAL INC	$0	–	-10,675	–	-0.12%	–
CNQ	Exit	CANADIAN NATURAL RESOURCES	$0	–	-20,000	–	-0.12%	–
JAKK	Exit	JAKKS PACIFIC INC	$0	–	-64,106	–	-0.15%	–
S	Exit	SPRINT CORP	$0	–	-130,278	–	-0.20%	–
CW	Exit	CURTISS-WRIGHT CORP	$0	–	-32,275	–	-0.26%	–
UNM	Exit	UNUM CORP	$0	–	-44,500	–	-0.28%	–
ETR	Exit	ENTERGY CORP	$0	–	-25,500	–	-0.38%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-21,750	–	-0.38%	–

Q2 2013

			Value		Shares		↓ Weighting
GLD	New	SPDR GOLD TRUST	$29,778,000	–	250,000	–	6.34%	–
MSFT	New	MICROSOFT CORP	$18,001,000	–	521,095	–	3.84%	–
IBM	New	INTERNATIONAL BUSINESS MACHINE	$14,190,000	–	74,250	–	3.02%	–
ORCL	New	ORACLE CORP	$13,589,000	–	442,505	–	2.90%	–
APC	New	ANADARKO PETROLEUM CORP	$13,190,000	–	153,496	–	2.81%	–
TRV	New	TRAVELERS COS INC/THE	$11,189,000	–	140,000	–	2.38%	–
PFE	New	PFIZER INC	$10,873,000	–	388,191	–	2.32%	–
CMCSK	New	COMCAST CORP CL A SPLcl a	$9,918,000	–	250,000	–	2.11%	–
OXY	New	OCCIDENTAL PETROLEUM	$9,806,000	–	109,900	–	2.09%	–
JPM	New	JPMORGAN CHASE & COMPANY	$9,036,000	–	171,175	–	1.92%	–
FDX	New	FEDEX CORPORATION	$8,231,000	–	83,500	–	1.75%	–
AIZ	New	ASSURANT INC	$7,524,000	–	147,800	–	1.60%	–
LNC	New	LINCOLN NATIONAL CORP INDIANA	$7,403,000	–	203,000	–	1.58%	–
HPQ	New	HEWLETT-PACKARD CO.	$6,818,000	–	274,925	–	1.45%	–
RNF	New	RENTECH NITROGEN PARTNERS LP	$6,762,000	–	229,848	–	1.44%	–
EEP	New	ENBRIDGE ENERGY PARTNERS LP	$6,708,000	–	220,000	–	1.43%	–
MWE	New	MARKWEST ENERGY PARTNERS LPunit lp	$6,685,000	–	100,000	–	1.42%	–
MET	New	METLIFE INC	$6,560,000	–	143,350	–	1.40%	–
C	New	CITIGROUP INC	$6,117,000	–	127,516	–	1.30%	–
DVN	New	DEVON ENERGY CORP	$5,812,000	–	112,035	–	1.24%	–
PXD	New	PIONEER NATURAL RESOURCES CO	$5,790,000	–	40,000	–	1.23%	–
PCG	New	P G & E CORPORATION	$5,633,000	–	123,183	–	1.20%	–
SPLS	New	STAPLES INC	$5,627,000	–	354,567	–	1.20%	–
WPX	New	WPX ENERGY INC-W/I	$5,628,000	–	297,175	–	1.20%	–
APA	New	APACHE CORP	$5,449,000	–	65,000	–	1.16%	–
DE	New	DEERE & CO	$4,875,000	–	60,000	–	1.04%	–
JNJ	New	JOHNSON & JOHNSON	$4,873,000	–	56,750	–	1.04%	–
XRX	New	XEROX CORP	$4,812,000	–	530,535	–	1.02%	–
UAN	New	CVR PARTNERS LP	$4,546,000	–	200,000	–	0.97%	–
DAL	New	DELTA AIR LINES INC	$4,241,000	–	226,675	–	0.90%	–
PDH	New	PETROLOGISTICS LPunit ltd pth int	$3,604,000	–	272,000	–	0.77%	–
BP	New	BP PLC-SPONS ADRspons	$3,601,000	–	86,282	–	0.77%	–
ET	New	ENERGY TRANSFER EQUITY LP	$3,589,000	–	60,000	–	0.76%	–
ESV	New	ENSCO INTERNATIONAL INC	$3,487,000	–	60,000	–	0.74%	–
BA	New	BOEING COMPANY	$3,329,000	–	32,500	–	0.71%	–
AVT	New	AVNET INC	$3,294,000	–	98,050	–	0.70%	–
MRK	New	MERCK & CO. INC.	$3,180,000	–	68,459	–	0.68%	–
ETN	New	EATON CORP PLC	$2,942,000	–	44,710	–	0.63%	–
GOOGL	New	GOOGLE INC-CL Acl a	$2,927,000	–	3,325	–	0.62%	–
AIG	New	AMERICAN INTERNATIONAL GROUP	$2,892,000	–	64,700	–	0.62%	–
BKEP	New	BLUEKNIGHT ENERGY PARTNERS LP	$2,766,000	–	315,410	–	0.59%	–
RDSA	New	ROYAL DUTCH SHELL PLC-ADRspons	$2,698,000	–	42,285	–	0.58%	–
DNRCQ	New	DENBURY RESOURCES INC	$2,685,000	–	155,000	–	0.57%	–
BHI	New	BAKER HUGHES INC	$2,657,000	–	57,600	–	0.57%	–
RCII	New	RENT-A-CENTER INC	$2,575,000	–	68,575	–	0.55%	–
RDC	New	ROWAN COS INC	$2,555,000	–	75,000	–	0.54%	–
3106PS	New	DELPHI AUTOMOTIVE PLC	$2,546,000	–	50,225	–	0.54%	–
IVZ	New	INVESCO LTD	$2,523,000	–	79,350	–	0.54%	–
TEL	New	TE CONNECTIVITY LTD.	$2,508,000	–	55,075	–	0.53%	–
GOLD	New	BARRICK GOLD CORP	$2,412,000	–	153,241	–	0.51%	–
PBF	New	PBF ENERGY INCcl a	$2,411,000	–	93,100	–	0.51%	–
PNC	New	PNC FINANCIAL CORP	$2,380,000	–	32,644	–	0.51%	–
6107SC	New	URS CORP	$2,328,000	–	49,300	–	0.50%	–
CPLP	New	CAPITAL PRODUCT PARTNERS LP	$2,320,000	–	250,000	–	0.49%	–
GS	New	GOLDMAN SACHS GROUP INC	$2,280,000	–	15,075	–	0.49%	–
COG	New	CABOT OIL & GAS CORP -CL A	$2,237,000	–	31,500	–	0.48%	–
TEVA	New	TEVA PHARMACEUTICAL-SP ADR	$2,214,000	–	56,480	–	0.47%	–
OC	New	OWENS CORNING	$2,189,000	–	56,025	–	0.47%	–
MDT	New	MEDTRONIC INC	$2,120,000	–	41,190	–	0.45%	–
PRE	New	PARTNERRE LTD	$2,115,000	–	23,350	–	0.45%	–
TEP	New	TALLGRASS ENERGY PARTNERS LP	$2,100,000	–	100,000	–	0.45%	–
LLL	New	L-3 COMMUNICATIONS CORP	$2,092,000	–	24,400	–	0.45%	–
OMC	New	OMNICOM GROUP	$2,057,000	–	32,725	–	0.44%	–
HPT	New	HOSPITALITY PROPERTIES TRUST	$2,041,000	–	77,675	–	0.44%	–
MS	New	MORGAN ST DEAN WITTER DISCOV	$2,026,000	–	82,950	–	0.43%	–
CRAY	New	CRAY INC	$1,982,000	–	100,908	–	0.42%	–
LM	New	LEGG MASON INC	$1,972,000	–	63,600	–	0.42%	–
DELL	New	DELL COMPUTER CORP	$1,941,000	–	145,675	–	0.41%	–
IM	New	INGRAM MICRO INC-CL Acl a	$1,937,000	–	101,975	–	0.41%	–
CNO	New	CONSECO INC	$1,926,000	–	148,600	–	0.41%	–
VCI	New	VALASSIS COMMUNICATIONS INC	$1,918,000	–	78,000	–	0.41%	–
STT	New	STATE STREET CORP	$1,916,000	–	29,375	–	0.41%	–
BK	New	BANK OF NEW YORK	$1,880,000	–	67,012	–	0.40%	–
BAC	New	BANK OF AMERICA CORP	$1,878,000	–	146,050	–	0.40%	–
LH	New	LABORATORY CRP OF AMER HLDGS	$1,827,000	–	18,250	–	0.39%	–
PH	New	PARKER HANNIFIN CORP	$1,825,000	–	19,125	–	0.39%	–
NOC	New	NORTHROP GRUMMAN CORP	$1,801,000	–	21,750	–	0.38%	–
VOYA	New	ING US INC	$1,804,000	–	66,675	–	0.38%	–
ARGO	New	ARGO GROUP INTERNATIONAL	$1,784,000	–	42,075	–	0.38%	–
ETR	New	ENTERGY CORP	$1,777,000	–	25,500	–	0.38%	–
BDX	New	BECTON DICKINSON & CO	$1,742,000	–	17,625	–	0.37%	–
DIOD	New	DIODES INC	$1,693,000	–	65,198	–	0.36%	–
HHS	New	HARTE-HANKS INC	$1,692,000	–	196,750	–	0.36%	–
PHMD	New	PHOTOMEDEX INC	$1,670,000	–	104,770	–	0.36%	–
CNW	New	CON-WAY INC	$1,624,000	–	41,675	–	0.35%	–
XOM	New	EXXON MOBIL CORP	$1,613,000	–	17,850	–	0.34%	–
HSC	New	HARSCO CORP	$1,586,000	–	68,400	–	0.34%	–
WCG	New	WELLCARE GROUP INC	$1,578,000	–	28,410	–	0.34%	–
MWA	New	MUELLER WATER PRODUCTS INC-A	$1,561,000	–	225,975	–	0.33%	–
UAL	New	UAL CORP	$1,565,000	–	50,000	–	0.33%	–
TCF	New	TCF FINANCIAL CORP	$1,527,000	–	107,675	–	0.32%	–
EPAC	New	ACTUANT CORP-CL Acl a	$1,522,000	–	46,175	–	0.32%	–
WLTGQ	New	WALTER INDUSTRIES INC	$1,504,000	–	144,600	–	0.32%	–
JNY	New	JONES APPAREL GROUP INC	$1,469,000	–	106,809	–	0.31%	–
AEL	New	AMERICAN EQUITY INVT LIFE HL	$1,459,000	–	92,925	–	0.31%	–
BRC	New	BRADY CORPORATION - CL Acl a	$1,457,000	–	47,425	–	0.31%	–
BBCN	New	BBCN BANCORP INC	$1,451,000	–	102,050	–	0.31%	–
BXS	New	BANCORPSOUTH INC	$1,432,000	–	80,905	–	0.30%	–
EMC	New	EMC CORPORATION	$1,417,000	–	60,000	–	0.30%	–
AHL	New	ASPEN INSURANCE HOLDINGS LTD	$1,406,000	–	37,900	–	0.30%	–
VRTS	New	VIRTUS INVESTMENT PARTNERS	$1,374,000	–	7,795	–	0.29%	–
WOOF	New	VCA ANTECH INC	$1,317,000	–	50,475	–	0.28%	–
GMWSA	New	GENERAL MOTORS-CW16warrant	$1,310,000	–	54,576	–	0.28%	–
UNM	New	UNUM CORP	$1,307,000	–	44,500	–	0.28%	–
LSE	New	CAPITAL LEASE FUNDING INC	$1,300,000	–	154,081	–	0.28%	–
AROPQ	New	AEROPOSTALE INC	$1,294,000	–	93,750	–	0.28%	–
NPBC	New	NATL PENN BCSHS INC	$1,285,000	–	126,475	–	0.27%	–
TPC	New	TUTOR PERINI CORP	$1,198,000	–	66,250	–	0.26%	–
CW	New	CURTISS-WRIGHT CORP	$1,196,000	–	32,275	–	0.26%	–
BKS	New	BARNES & NOBLE INC	$1,198,000	–	75,041	–	0.26%	–
DAN	New	DANA HOLDING CORP	$1,162,000	–	60,324	–	0.25%	–
EGL	New	ENGILITY HOLDINGS INC - W/I	$1,156,000	–	40,680	–	0.25%	–
PRI	New	PRIMERICA INC	$1,147,000	–	30,631	–	0.24%	–
WBS	New	WEBSTER FINANCIAL CORP	$1,115,000	–	43,400	–	0.24%	–
GCA	New	GLOBAL CASH ACCESS INC	$1,088,000	–	173,816	–	0.23%	–
GRPU	New	GRANITE REAL ESTATE INVESTMENT TRSTunit	$1,081,000	–	31,300	–	0.23%	–
AXE	New	ANIXTER INTERNATIONAL INC	$1,075,000	–	14,175	–	0.23%	–
NSIT	New	INSIGHT ENTERPRISES INC	$1,046,000	–	58,968	–	0.22%	–
MATW	New	MATTHEWS INTL CORP-CLASS Acl a	$1,033,000	–	27,400	–	0.22%	–
GFF	New	GRIFFON CORPORATION	$1,012,000	–	89,919	–	0.22%	–
DRH	New	DIAMONDROCK HOSPITALITY CO	$986,000	–	105,771	–	0.21%	–
AAPL	New	APPLE COMPUTER INC	$981,000	–	2,475	–	0.21%	–
PHH	New	PHH CORP	$980,000	–	48,100	–	0.21%	–
IR	New	INGERSOLL RAND CO	$966,000	–	17,405	–	0.21%	–
ABT	New	ABBOTT LABORATORIES	$967,000	–	27,725	–	0.21%	–
NRG	New	NRG ENERGY INC	$920,000	–	34,446	–	0.20%	–
S	New	SPRINT CORP	$915,000	–	130,278	–	0.20%	–
SKX	New	SKECHERS USA INC-CL Acl a	$911,000	–	37,942	–	0.19%	–
IOSP	New	Inorg Chem Nec	$848,000	–	21,098	–	0.18%	–
F102PS	New	BABCOCK & WILCOX CO/THE	$844,000	–	28,121	–	0.18%	–
ICON	New	ICONIX BRAND GROUP INC	$823,000	–	28,000	–	0.18%	–
EZPW	New	EZCORP INC-CL Acl a	$810,000	–	47,900	–	0.17%	–
WSFS	New	WSFS FINANCIAL CORP	$791,000	–	15,100	–	0.17%	–
MWW	New	MONSTER WORLDWIDE INC	$789,000	–	160,675	–	0.17%	–
HES	New	HESS CORP	$788,000	–	11,850	–	0.17%	–
USTR	New	UNITED STATIONERS INC	$784,000	–	23,375	–	0.17%	–
ATI	New	ALLEGHENY TECHNOLOGIES INC	$771,000	–	29,305	–	0.16%	–
PL	New	PROTECTIVE LIFE CORP	$763,000	–	19,860	–	0.16%	–
MLHR	New	HERMAN MILLER INC	$733,000	–	27,075	–	0.16%	–
JAKK	New	JAKKS PACIFIC INC	$721,000	–	64,106	–	0.15%	–
CRS	New	CARPENTER TECHNOLOGY	$699,000	–	15,500	–	0.15%	–
TUP	New	TUPPERWARE CORP	$684,000	–	8,800	–	0.15%	–
ZTS	New	ZOETIS INCcl a	$685,000	–	22,185	–	0.15%	–
KO	New	COCA COLA CO	$666,000	–	16,600	–	0.14%	–
NVE	New	NV ENERGY INC	$636,000	–	27,100	–	0.14%	–
CASLQ	New	CASTLE (A.M.) & CO	$619,000	–	39,300	–	0.13%	–
KALU	New	KAISER ALUMINUM CORP	$601,000	–	9,700	–	0.13%	–
ENDP	New	ENDO HEALTH SOLUTIONS INC	$596,000	–	16,200	–	0.13%	–
UEC	New	URANIUM ENERGY CORP	$590,000	–	329,700	–	0.13%	–
LXK	New	LEXMARK INTL GROUP INC-CL Acl a	$584,000	–	19,100	–	0.12%	–
CNQ	New	CANADIAN NATURAL RESOURCES	$565,000	–	20,000	–	0.12%	–
CIR	New	CIRCOR INTERNATIONAL INC	$543,000	–	10,675	–	0.12%	–
PSTB	New	PARK STERLING CORP	$543,000	–	91,866	–	0.12%	–
HII	New	HUNTINGTON INGALLS INDUSTRIES	$538,000	–	9,525	–	0.12%	–
CVRR	New	CVR REFINING LP	$530,000	–	17,640	–	0.11%	–
ARC	New	AMERICAN REPROGRAPHICS CO	$522,000	–	130,375	–	0.11%	–
KS	New	KAPSTONE PAPER AND PACKAGING	$518,000	–	12,900	–	0.11%	–
SNV	New	SYNOVUS FINANCIAL CORP	$467,000	–	160,050	–	0.10%	–
GXP	New	GREAT PLAINS ENERGY INC	$467,000	–	20,700	–	0.10%	–
XL	New	XL GROUP PLC	$461,000	–	15,200	–	0.10%	–
CDVIQ	New	CAL DIVE INTERNATIONAL INC	$461,000	–	245,100	–	0.10%	–
TMO	New	THERMO FISHER SCIENTIFIC	$462,000	–	5,458	–	0.10%	–
GOV	New	GOVERNMENT PROPERTIES INCOME	$444,000	–	17,600	–	0.10%	–
JWA	New	WILEY (JOHN) & SONS-CLASS Acl a	$433,000	–	10,800	–	0.09%	–
ARRS	New	ARRIS CORP	$428,000	–	29,800	–	0.09%	–
LENB	New	LENNAR CORP - B SHScl b	$413,000	–	14,580	–	0.09%	–
THC	New	TENET HEALTHCARE CORP	$402,000	–	8,725	–	0.09%	–
GTIV	New	GENTIVA HEALTH SERVICES	$383,000	–	38,491	–	0.08%	–
UFPT	New	UFP TECHNOLOGIES INC	$377,000	–	19,243	–	0.08%	–
FCNCA	New	FIRST CITIZENS BCSHS -CL Acl a	$365,000	–	1,900	–	0.08%	–
NNI	New	NELNET INC-CL Acl a	$310,000	–	8,600	–	0.07%	–
WTSLQ	New	WET SEAL INC/THE CLASS Acl a	$289,000	–	61,300	–	0.06%	–
CSH	New	CASH AMERICA INTL INC	$291,000	–	6,400	–	0.06%	–
SPNV	New	SUPERIOR ENERGY SERVICES INC	$283,000	–	10,900	–	0.06%	–
ELY	New	CALLAWAY GOLF COMPANY	$266,000	–	40,500	–	0.06%	–
AGX	New	ARGAN INC	$262,000	–	16,777	–	0.06%	–
ORIG	New	OCEAN RIG UDW INC	$257,000	–	13,744	–	0.06%	–
MLR	New	MILLER INDUSTRIES INC/TENN	$250,000	–	16,262	–	0.05%	–
PEIX	New	PACIFIC ETHANOL INC	$199,000	–	50,000	–	0.04%	–

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