GlobalBridge

GlobalBridge as of June 30, 2011

Portfolio Holdings for GlobalBridge

GlobalBridge holds 0 positions in its portfolio as reported in the June 2011 quarterly 13F filing

                Quarter Ended 6/30/2011
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                                                                                    Market                              Voting
  Ticker        Cusip                     Security                     Shares       Value      Class     Discretion   Authority
--------------------------------------------------------------------------------------------------------------------------------
{S}         {C}            {C}                                         {C}             {C}     {C}          {C}           {C}
NEU         651587107      NEWMARKET CORP                                    1233       202    Common       Sole            1233
CEO         126132109      CNOOC LTD                                         2188       486    Common       Sole            2188
MBB         464288588      ISHARES TR                                        2285       245    Common       Sole            2285
AGU         008916108      AGRIUM INC                                        2380       208    Common       Sole            2380
CMI         231021106      CUMMINS INC                                       2425       254    Common       Sole            2425
CRM         79466L302      SALESFORCE.COM                                    2443       354    Common       Sole            2443
MA          57636Q104      MASTERCARD INC                                    2516       763    Common       Sole            2516
WBK         961214301      WESTPAC BANKING CP                                2591       291    Common       Sole            2591
PII         731068102      POLARIS INDS INC                                  2601       308    Common       Sole            2601
GOOG        38259P508      GOOGLE INC                                        2609      1575    Common       Sole            2609
WHR         963320106      WHIRLPOOL CORP                                    2671       219    Common       Sole            2671
AMG         008252108      AFFILIATED MANAGE GR                              2755       287    Common       Sole            2755
BRGYY       055434203      BG PLC                                            3160       375    Common       Sole            3160
MIDD        596278101      MIDDLEBY CORP                                     3166       267    Common       Sole            3166
PCP         740189105      PRECISION CASTPARTS                               3177       513    Common       Sole            3177
VAR         92220P105      VARIAN MED SYS INC                                3273       205    Common       Sole            3273
BG          G16962105      BUNGE LIMITED                                     3352       231    Common       Sole            3352
BWA         099724106      BORG WARNER INC                                   3407       271    Common       Sole            3407
CTSH        192446102      COGNIZANT TECH SOLNS                              3489       244    Common       Sole            3489
BHP         088606108      BHP BILLITON LTD                                  3516       322    Common       Sole            3516
BIDU        056752108      BAIDU INC                                         3660       575    Common       Sole            3660
KSU         485170302      KANSAS CITY SOUTHERN                              3745       222    Common       Sole            3745
NVO         670100205      NOVO-NORDISK AS                                   3808       465    Common       Sole            3808
PRAA        73640Q105      PORTFOLIO RECOVERY                                3830       310    Common       Sole            3830
AMZN        023135106      AMAZON COM INC                                    3923       873    Common       Sole            3923
TPX         88023U101      TEMPUR PEDIC INTL                                 4001       288    Common       Sole            4001
SQM         833635105      SOCIEDAD QUIM CHILE                               4032       259    Common       Sole            4032
BOKF        05561Q201      BOK FINL CORP                                     4090       223    Common       Sole            4090
NDSN        655663102      NORDSON CORP                                      4150       212    Common       Sole            4150
TSCO        892356106      TRACTOR SUPPLY CO                                 4169       275    Common       Sole            4169
COLM        198516106      COLUMBIA SPORTSWEAR                               4185       240    Common       Sole            4185
APA         037411105      APACHE CORP                                       4296       532    Common       Sole            4296
ZMH         98956P102      ZIMMER HOLDINGS                                   4344       261    Common       Sole            4344
DEO         25243Q205      DIAGEO P L C                                      4382       356    Common       Sole            4382
BASFY       055262505      BASF SE                                           4422       401    Common       Sole            4422
PSMT        741511109      PRICESMART INC                                    4504       264    Common       Sole            4504
BBG         06846N104      BILL BARRETT CORP                                 4623       230    Common       Sole            4623
CTXS        177376100      CITRIX SYS INC                                    4658       336    Common       Sole            4658
WFM         966837106      WHOLE FOODS MKT INC                               4691       313    Common       Sole            4691
TTC         891092108      TORO CO                                           4826       260    Common       Sole            4826
JOSB        480838101      JOS A BANK CLOTHIERS                              4896       251    Common       Sole            4896
AZN         046353108      ASTRAZENECA                                       5053       245    Common       Sole            5053
ZBRA        989207105      ZEBRA TECHNOLOGIES                                5119       205    Common       Sole            5119
GS          38141G104      GOLDMAN SACHS GROUP                               5218       704    Common       Sole            5218
BMC         055921100      BMC SOFTWARE INC                                  5228       226    Common       Sole            5228
SI          826197501      SIEMENS A G                                       5251       668    Common       Sole            5251
ACN         G1151C101      ACCENTURE PLC                                     5276       312    Common       Sole            5276
SRCL        858912108      STERICYCLE INC                                    5293       435    Common       Sole            5293

                                                              Page 1<br /><br />Quarter Ended 6/30/2011
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                                                                                    Market                              Voting
  Ticker        Cusip                     Security                     Shares       Value      Class     Discretion   Authority
--------------------------------------------------------------------------------------------------------------------------------
{S}         {C}            {C}                                         {C}             {C}     {C}          {C}           {C}
ROP         776696106      ROPER INDS INC                                    5318       434    Common       Sole            5318
FMS         358029106      FRESENIUS MED CARE                                5320       409    Common       Sole            5320
NSRGY       641069406      NESTLE S A                                        5370       342    Common       Sole            5370
IDCC        45867G101      INTERDIGITAL                                      5377       367    Common       Sole            5377
CLX         189054109      CLOROX CO                                         5497       374    Common       Sole            5497
PM          718172109      PHILIP MORRIS INTL                                5595       398    Common       Sole            5595
SYT         87160A100      SYNGENTA AG                                       5619       357    Common       Sole            5619
GILD        375558103      GILEAD SCIENCES INC                               5738       243    Common       Sole            5738
PXD         723787107      PIONEER NATURAL RES                               5810       540    Common       Sole            5810
HFC         436106108      HOLLYFRONTIER CORPORATION                    5870.5396       443    Common       Sole          5870.5
ALV         052800109      AUTOLIV INC                                       6106       404    Common       Sole            6106
WAB         929740108      WABTEC                                            6146       397    Common       Sole            6146
KUB         501173207      KUBOTA CORPORATION                                6164       279    Common       Sole            6164
HMC         438128308      HONDA MOTOR CO                                    6181       246    Common       Sole            6181
CNW         205944101      CON-WAY INC                                       6251       229    Common       Sole            6251
EW          28176E108      EDWARDS LIFESCIENCE                               6289       449    Common       Sole            6289
BTI         110448107      BRITISH AMER TOB PLC                              6292       575    Common       Sole            6292
AMT         029912201      AMERICAN TOWER CORP                               6312       332    Common       Sole            6312
FCX         35671D857      FREEPORT-MCMORAN C^G                              6375       338    Common       Sole            6375
THOR        885175307      THORATEC LABS CORP                                6411       216    Common       Sole            6411
SPN         868157108      SUPERIOR ENERGY SVCS                              6543       271    Common       Sole            6543
CNI         136375102      CDN NATL RAILWAY                                  6558       491    Common       Sole            6558
MHS         58405U102      MEDCO HEALTH SOL                                  6658       419    Common       Sole            6658
CVS         126650100      CVS CAREMARK CORP                                 6680       243    Common       Sole            6680
WSM         969904101      WILLIAMS SONOMA INC                               6775       251    Common       Sole            6775
HPQ         428236103      HEWLETT PACKARD CO                                6846       241    Common       Sole            6846
STE         859152100      STERIS CORP                                       6850       240    Common       Sole            6850
RHT         756577102      RED HAT INC                                       6860       289    Common       Sole            6860
POT         73755L107      POTASH CORP OF SASK                               6945       401    Common       Sole            6945
ARJ         03937R102      ARCH CHEMICALS INC                                7002       330    Common       Sole            7002
SYK         863667101      STRYKER CORP                                      7017       381    Common       Sole            7017
TAP         60871R209      MOLSON COORS BREWING                              7202       324    Common       Sole            7202
VIA.B       92553P201      VIACOM INC                                        7232       350    Common       Sole            7232
WFC         949746101      WELLS FARGO & CO                                  7289       204    Common       Sole            7289
HOT         85590A401      STARWOOD HTLS^RESORT                              7337       403    Common       Sole            7337
RIO         767204100      RIO TINTO PLC                                     7365       523    Common       Sole            7365
FRX         345838106      FOREST LABS INC                                   7378       273    Common       Sole            7378
CINF        172062101      CINCINNATI FINL CORP                              7393       202    Common       Sole            7393
CL          194162103      COLGATE PALMOLIVE CO                              7399       624    Common       Sole            7399
COST        22160K105      COSTCO WHSL CORP                                  7418       580    Common       Sole            7418
BTU         704549104      PEABODY ENERGY CORP                               7419       426    Common       Sole            7419
GPN         37940X102      GLOBAL PAYMENTS INC                               7476       354    Common       Sole            7476
COH         189754104      COACH INC                                         7498       484    Common       Sole            7498
STJ         790849103      ST JUDE MEDICAL INC                               7526       350    Common       Sole            7526
PX          74005P104      PRAXAIR INC                                       7659       794    Common       Sole            7659
CAB         126804301      CABELAS INC                                       7713       211    Common       Sole            7713
T           00206R102      AT^T INC                                          7738       226    Common       Sole            7738
KOP         50060P106      KOPPERS HOLDINGS                                  7744       287    Common       Sole            7744
WLP         94973V107      WELLPOINT INC                                     7806       527    Common       Sole            7806

                                                              Page 2<br /><br />Quarter Ended 6/30/2011
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                                                                                    Market                              Voting
  Ticker        Cusip                     Security                     Shares       Value      Class     Discretion   Authority
--------------------------------------------------------------------------------------------------------------------------------
{S}         {C}            {C}                                         {C}             {C}     {C}          {C}           {C}
BA          097023105      BOEING CO                                         7969       562    Common       Sole            7969
CNC         15135B101      CENTENE CORP DEL                                  7976       262    Common       Sole            7976
SNHY        866942105      SUN HYDRAULICS CORP                               8035       229    Common       Sole            8035
TEVA        881624209      TEVA PHARMACEUTICAL                               8051       375    Common       Sole            8051
JEC         469814107      JACOBS ENGR GROUP                                 8075       316    Common       Sole            8075
SIAL        826552101      SIGMA ALDRICH CORP                                8144       546    Common       Sole            8144
DE          244199105      DEERE & CO                                        8167       641    Common       Sole            8167
MHP         580645109      MCGRAW HILL COS INC                               8178       340    Common       Sole            8178
DBSDY       23304Y100      DBS GROUP HLDGS LTD                               8225       424    Common       Sole            8225
NOC         666807102      NORTHROP GRUMMAN CO                               8242       499    Common       Sole            8242
HIT         433578507      HITACHI LTD                                       8243       510    Common       Sole            8243
RS          759509102      RELIANCE STEEL& ALUM                              8252       388    Common       Sole            8252
OGE         670837103      OGE ENERGY CORP                                   8328       417    Common       Sole            8328
BAM         112585104      BROOKFIELD ASSET MGT                              8540       269    Common       Sole            8540
OCR         681904108      OMNICARE INC                                      8594       262    Common       Sole            8594
FWRD        349853101      FORWARD AIR CORP                                  8759       273    Common       Sole            8759
AAPL        037833100      APPLE INC                                         8864      3461    Common       Sole            8864
FDO         307000109      FAMILY DOLLAR STORES                              8889       472    Common       Sole            8889
KMR         49455U100      KINDER MORGAN MANAGE                         8951.8865       548    Common       Sole          8951.9
NVS         66987V109      NOVARTIS AG                                       9138       559    Common       Sole            9138
ENDP        29264F205      ENDO PHARM HLDGS INC                              9152       341    Common       Sole            9152
LAYN        521050104      LAYNE CHRISTENSEN CO                              9204       270    Common       Sole            9204
FTI         30249U101      FMC TECHNOLOGIES INC                              9261       422    Common       Sole            9261
UOVEY       911271302      UNITED OVERSEAS BK                                9319       317    Common       Sole            9319
WERN        950755108      WERNER ENTERPRISES                                9383       221    Common       Sole            9383
PL          743674103      PROTECTIVE LIFE CORP                              9416       200    Common       Sole            9416
AGCO        001084102      AGCO CORP                                         9434       447    Common       Sole            9434
D           25746U109      DOMINION RES INC VA                               9483       459    Common       Sole            9483
ECL         278865100      ECOLAB INC                                        9637       482    Common       Sole            9637
UNFI        911163103      UNITED NAT FOODS INC                              9675       404    Common       Sole            9675
WMT         931142103      WAL MART STORES INC                               9712       512    Common       Sole            9712
IEX         45167R104      IDEX CORP                                         9774       405    Common       Sole            9774
C           172967424      CITIGROUP INC                                     9785       375    Common       Sole            9785
BAX         071813109      BAXTER INTL INC                                   9798       570    Common       Sole            9798
MPC         56585A102      MARATHON PETROLEUM GROUP                        9828.5       430    Common       Sole          9828.5
CBG         12497T101      CB RICHARD ELLIS GRP                              9850       215    Common       Sole            9850
URS         903236107      URS CORP                                          9885       404    Common       Sole            9885
ITRI        465741106      ITRON INC                                         9919       427    Common       Sole            9919
PLL         696429307      PALL CORP                                         9966       494    Common       Sole            9966
WIN         97381W104      WINDSTREAM CORP                                  10148       124    Common       Sole           10148
UIS         909214306      UNISYS CORPORATION                               10238       213    Common       Sole           10238
LXK         529771107      LEXMARK INTL                                     10398       349    Common       Sole           10398
CNQ         136385101      CDN NATURAL RES LTD                              10476       422    Common       Sole           10476
ITG         46145F105      INVESTMENT TECH GRP                              10572       129    Common       Sole           10572
MOLX        608554101      MOLEX INC                                        10755       253    Common       Sole           10755
JRCC        470355207      JAMES RIVER COAL CO                              10795       205    Common       Sole           10795
UNH         91324P102      UNITEDHEALTH GRP INC                             10796       536    Common       Sole           10796
ES          292756202      ENERGYSOLUTIONS INC                              10812        55    Common       Sole           10812
GRMN        H2906T109      GARMIN LTD                                       10852       354    Common       Sole           10852

                                                              Page 3<br /><br />Quarter Ended 6/30/2011
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                                                                                    Market                              Voting
  Ticker        Cusip                     Security                     Shares       Value      Class     Discretion   Authority
--------------------------------------------------------------------------------------------------------------------------------
{S}         {C}            {C}                                         {C}             {C}     {C}          {C}           {C}
AN          05329W102      AUTONATION INC                                   10890       410    Common       Sole           10890
BHE         08160H101      BENCHMARK ELECTRS                                10922       160    Common       Sole           10922
KMTUY       500458401      KOMATSU LTD                                      10952       342    Common       Sole           10952
ABV         20441W203      COMP DE BEBIDAS AMER                             11018       331    Common       Sole           11018
ASTI        043635101      ASCENT SOLAR TECH                                11022        10    Common       Sole           11022
SFL         G81075106      SHIP FINANCE INTL                                11087       176    Common       Sole           11087
VALE        91912E105      VALE S.A                                         11087       360    Common       Sole           11087
SNV         87161C105      SYNOVUS FINL CORP                                11162        20    Common       Sole           11162
PSO         705015105      PEARSON PLC                                      11235       214    Common       Sole           11235
SCHW        808513105      SCHWAB CHARLES CORP                              11462       171    Common       Sole           11462
AVY         053611109      AVERY DENNISON CORP                              11743       370    Common       Sole           11743
SMTC        816850101      SEMTECH CORP                                     11890       277    Common       Sole           11890
VRX         91911K102      VALEANT PHARMA INTL                         11898.0624       655    Common       Sole           11898
ANZBY       052528304      AUSTRAL^NEW ZEAL BKG                             11909       272    Common       Sole           11909
TMO         883556102      THERMO FISHER SCI                                11918       716    Common       Sole           11918
NTAP        64110D104      NETAPP INC COM                                   11924       567    Common       Sole           11924
TUP         899896104      TUPPERWARE BRANDS                                11995       750    Common       Sole           11995
COF         14040H105      CAPITAL ONE FINL CO                              12111       579    Common       Sole           12111
OKSB        844767103      STHWST BANCORP INC                               12224        76    Common       Sole           12224
NLY         035710409      ANNALY CAPITAL MGMT                              12247       206    Common       Sole           12247
GLBL        379336100      GLOBAL INDS LTD                                  12488        64    Common       Sole           12488
MBI         55262C100      MBIA INC                                         12548       115    Common       Sole           12548
PEP         713448108      PEPSICO INC                                      12550       804    Common       Sole           12550
SLB         806857108      SCHLUMBERGER LTD                                 12563      1135    Common       Sole           12563
AKAM        00971T101      AKAMAI TECH INC                                  12614       306    Common       Sole           12614
BCO         109696104      BRINKS COMPANY                                   12898       385    Common       Sole           12898
HUWHY       448415208      HUTCHISON WHAMPOA LT                             12903       301    Common       Sole           12903
EEFT        298736109      EURONET WORLDWIDE                                12911       222    Common       Sole           12911
LVMUY       502441306      LVMH MOET HENNESSY                               12937       473    Common       Sole           12937
BZC         106764103      BREEZE EASTERN                                   13004       144    Common       Sole           13004
EK          277461109      EASTMAN KODAK CO                                 13070        31    Common       Sole           13070
PG          742718109      PROCTER & GAMBLE CO                              13074       804    Common       Sole           13074
NWSA        65248E104      NEWS CORP LTD                                    13103       210    Common       Sole           13103
PRXL        699462107      PAREXEL INTL CORP                                13116       269    Common       Sole           13116
IWM         464287655      ISHARES TR                                       13240      1113    Common       Sole           13240
LLNW        53261M104      LIMELIGHT NETWORKS, INC.                         13281        55    Common       Sole           13281
DOV         260003108      DOVER CORP                                       13300       804    Common       Sole           13300
BGC         369300108      GENERAL CABLE CORP                               13307       529    Common       Sole           13307
YUM         988498101      YUM BRANDS INC                                   13377       707    Common       Sole           13377
LFUGY       501897102      LI & FUNG LTD                                    13516        46    Common       Sole           13516
JWN         655664100      NORDSTROM INC                                    13766       691    Common       Sole           13766
RCI         775109200      ROGERS COMMUNICATION                             13779       526    Common       Sole           13779
PRE         G6852T105      PARTNERRE LTD                                    13985       934    Common       Sole           13985
STKL        8676EP108      SUNOPTA INC                                      14037        83    Common       Sole           14037
SCI         817565104      SERVICE CORP INTL                                14103       148    Common       Sole           14103
NUAN        67020Y100      NUANCE COMMUNICATION                             14132       283    Common       Sole           14132
SONS        835916107      SONUS NETWORKS INC                               14298        42    Common       Sole           14298
NVAX        670002104      NOVAVAX INC                                      14334        27    Common       Sole           14334
MENT        587200106      MENTOR GRAPHICS CORP                             14399       165    Common       Sole           14399

                                                              Page 4<br /><br />Quarter Ended 6/30/2011
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                                                                                    Market                              Voting
  Ticker        Cusip                     Security                     Shares       Value      Class     Discretion   Authority
--------------------------------------------------------------------------------------------------------------------------------
{S}         {C}            {C}                                         {C}             {C}     {C}          {C}           {C}
ESCA        296056104      ESCALADE INC                                     14445        84    Common       Sole           14445
BAC         060505104      BANK OF AMERICA CORP                             14471       141    Common       Sole           14471
SFD         832248108      SMITHFIELD FOODS INC                             14555       321    Common       Sole           14555
KMB         494368103      KIMBERLY CLARK CORP                              14588       953    Common       Sole           14588
TJX         872540109      TJX COMPANIES INC                                14614       808    Common       Sole           14614
WU          959802109      THE WESTERN UNION                                14674       285    Common       Sole           14674
TFX         879369106      TELEFLEX INC                                     14833       893    Common       Sole           14833
EV          278265103      EATON VANCE CORP                                 14891       399    Common       Sole           14891
GTLS        16115Q308      CHART INDS INC                                   14986       795    Common       Sole           14986
ROST        778296103      ROSS STORES INC                                  15001      1137    Common       Sole           15001
CELG        151020104      CELGENE CORP                                     15013       890    Common       Sole           15013
SUG         844030106      SOUTHERN UN CO                                   15025       646    Common       Sole           15025
CRL         159864107      CHARLES RIV LABS INT                             15149       599    Common       Sole           15149
SEIC        784117103      SEI INVESTMENTS CO                               15220       301    Common       Sole           15220
WDR         930059100      WADDELL & REED FINL                              15283       561    Common       Sole           15283
AEG         007924103      AEGON NV                                         15384        88    Common       Sole           15384
PLD         743410102      PROLOGIS                                     15416.496       549    Common       Sole           15416
TYC         H89128104      TYCO INTL LTD                               15486.2482       686    Common       Sole           15486
CSC         205363104      COMPUTER SCIENCES                                15497       547    Common       Sole           15497
UNP         907818108      UNION PAC CORP                                   15547      1593    Common       Sole           15547
WAG         931422109      WALGREEN CO                                      15552       607    Common       Sole           15552
CFR         229899109      CULLEN FROST BANKERS                             15619       842    Common       Sole           15619
ATW         050095108      ATWOOD OCEANICS INC                              15716       734    Common       Sole           15716
TRN         896522109      TRINITY INDS INC                                 15723       468    Common       Sole           15723
WFT         H27013103      WEATHERFORD INTL LTD                             15817       347    Common       Sole           15817
STD         05964H105      BANCO SANTANDER SA                               15940       163    Common       Sole           15940
HL          422704106      HECLA MINING Co.                                 15971       124    Common       Sole           15971
JBL         466313103      JABIL CIRCUIT INC                                15982       293    Common       Sole           15982
HD          437076102      HOME DEPOT INC                                   16013       559    Common       Sole           16013
RDS.B       780259107      ROYAL DUTCH SHELL                                16053      1182    Common       Sole           16053
TD          891160509      TORONTO DOMINION BK                              16623      1328    Common       Sole           16623
MMM         88579Y101      3M COMPANY                                       16632      1449    Common       Sole           16632
OXY         674599105      OCCIDENTAL PETE CORP                             16634      1633    Common       Sole           16634
IBM         459200101      INTL BUSINESS MCHN                               16668      3031    Common       Sole           16668
CHU         16945R104      CHINA UNICOM HKONG                               16740       335    Common       Sole           16740
SUN         86764P109      SUNOCO INC                                       16765       681    Common       Sole           16765
MMSI        589889104      MERIT MEDICAL SYS                                16792       263    Common       Sole           16792
VOD         92857W209      VODAFONE GRP PLC                                 17117       481    Common       Sole           17117
JNJ         478160104      JOHNSON & JOHNSON                                17348      1124    Common       Sole           17348
CSCO        17275R102      CISCO SYSTEMS INC                                17553       280    Common       Sole           17553
MDRX        01988P108      ALLSCRIPTS HLTHCARE                              17566       319    Common       Sole           17566
AVP         054303102      AVON PRODUCTS INC                                17661       463    Common       Sole           17661
HRS         413875105      HARRIS CORP DEL                                  17763       708    Common       Sole           17763
MRO         565849106      MARATHON OIL CORP                                17922       555    Common       Sole           17922
HBHC        410120109      HANCOCK HLDG CO                              17986.004       593    Common       Sole           17986
UTX         913017109      UNITED TECHNOLOGIES                              18024      1493    Common       Sole           18024
NSANY       654744408      NISSAN MOTOR CO LTD                              18038       383    Common       Sole           18038
GPC         372460105      GENUINE PARTS CO                                 18059       960    Common       Sole           18059
DPS         26138E109      DR PEPPER SNAPPLE                                18170       686    Common       Sole           18170

                                                              Page 5<br /><br />Quarter Ended 6/30/2011
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                                                                                    Market                              Voting
  Ticker        Cusip                     Security                     Shares       Value      Class     Discretion   Authority
--------------------------------------------------------------------------------------------------------------------------------
{S}         {C}            {C}                                         {C}             {C}     {C}          {C}           {C}
DHR         235851102      DANAHER CORP                                     18197       894    Common       Sole           18197
CYTK        23282W100      CYTOKINETICS INC                                 18210        23    Common       Sole           18210
HOG         412822108      HARLEY DAVIDSON INC                              18251       792    Common       Sole           18251
THC         88033G100      TENET HEALTHCARE                                 18410       102    Common       Sole           18410
HCC         404132102      HCC INS HLDGS INC                                18435       555    Common       Sole           18435
NSR         64126X201      NEUSTAR INC                                      18452       480    Common       Sole           18452
DIS         254687106      WALT DISNEY CO                                   18482       714    Common       Sole           18482
ADP         053015103      AUTOMATIC DATA PROC                              18562       956    Common       Sole           18562
CFN         14170T101      CAREFUSION CORP                                  18735       494    Common       Sole           18735
VCBI        92778Q109      VIRGINIA COMM BANCP                              19491       124    Common       Sole           19491
CAT         149123101      CATERPILLAR INC                                  19568      1933    Common       Sole           19568
MRK         58933Y105      MERCK & CO INC                                   19969       682    Common       Sole           19969
CRI         146229109      CARTERS INC                                      20076       673    Common       Sole           20076
PAYX        704326107      PAYCHEX INC                                      20138       568    Common       Sole           20138
TTMI        87305R109      TTM TECHNOLOGIES  IN                             20156       279    Common       Sole           20156
TWX         887317303      TIME WARNER INC                                  20171       709    Common       Sole           20171
PNSN        709600100      PENSON WORLDWIDE                                 20504        63    Common       Sole           20504
ESRX        302182100      EXPRESS SCRIPTS INC                              20534      1114    Common       Sole           20534
CVA         22282E102      COVANTA HOLDINGS                                 20736       358    Common       Sole           20736
MTB         55261F104      M & T BK CORP                                    20770      1791    Common       Sole           20770
MET         59156R108      METLIFE INC                                      20949       863    Common       Sole           20949
NOK         654902204      NOKIA CORP                                       21153       134    Common       Sole           21153
BBT         054937107      BB^T CORPORATION                                 21169       544    Common       Sole           21169
VZ          92343V104      VERIZON COMMUNICATNS                             21536       760    Common       Sole           21536
KEY         493267108      KEYCORP                                          21674       174    Common       Sole           21674
GCI         364730101      GANNETT INC                                      21749       278    Common       Sole           21749
CBI         167250109      CHICAGO BRIDGE & IRN                             22138       913    Common       Sole           22138
CVE         15135U109      CENOVUS ENERGY INC                               22291       855    Common       Sole           22291
CCC         129603106      CALGON CARBON                                    22327       332    Common       Sole           22327
MGM         552953101      MGM RESORTS INTL                                 22355       338    Common       Sole           22355
DAR         237266101      DARLING INTL INC                                 22454       379    Common       Sole           22454
HXL         428291108      HEXCEL CORP                                      22614       541    Common       Sole           22614
BLC         080555105      BELO CORPORATION                                 22832       160    Common       Sole           22832
PBH         74112D101      PRESTIGE BRANDS HLDG                             22993       281    Common       Sole           22993
IPG         460690100      INTERPUBLIC GROUP                                22995       226    Common       Sole           22995
SVU         868536103      SUPERVALU INC                                    23401       220    Common       Sole           23401
PKG         695156109      PACKAGING CORP AMER                              23577       629    Common       Sole           23577
CB          171232101      CHUBB CORP                                       23622      1476    Common       Sole           23622
HLDCY       425166303      HENDERSON LD DEV                                 23660       150    Common       Sole           23660
TRI         884903105      THOMSON REUTERS                                  23864       822    Common       Sole           23864
PNC         693475105      PNC FINL SVCS GRP                                23882      1297    Common       Sole           23882
CTCM        12642X106      CTC MEDIA INC                                    24480       516    Common       Sole           24480
FBC         337930507      FLAGSTAR BANCORP INC                             24552        18    Common       Sole           24552
HAL         406216101      HALLIBURTON                                      24615      1347    Common       Sole           24615
ABB         000375204      ABB LTD                                          24690       591    Common       Sole           24690
LUV         844741108      SOUTHWEST AIRLS CO                               25066       250    Common       Sole           25066
BMS         081437105      BEMIS INC                                        25156       795    Common       Sole           25156
QCOM        747525103      QUALCOMM INC                                     25171      1379    Common       Sole           25171
VLO         91913Y100      VALERO ENERGY CORP                               25555       642    Common       Sole           25555

                                                              Page 6<br /><br />Quarter Ended 6/30/2011
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                                                                                    Market                              Voting
  Ticker        Cusip                     Security                     Shares       Value      Class     Discretion   Authority
--------------------------------------------------------------------------------------------------------------------------------
{S}         {C}            {C}                                         {C}             {C}     {C}          {C}           {C}
SBUX        855244109      STARBUCKS CORP                                   25767      1033    Common       Sole           25767
MXIM        57772K101      MAXIM INTEGRATED PRO                             25878       594    Common       Sole           25878
XOM         30231G102      EXXON MOBIL CORP                                 25906      2067    Common       Sole           25906
HST         44107P104      HOST HOTELS & RESRTS                             26239       416    Common       Sole           26239
SBH         79546E104      SALLY BEAUTY HLDGS                               26469       455    Common       Sole           26469
STM         861012102      STMICROELECTRONICS                               27428       217    Common       Sole           27428
HRB         093671105      BLOCK H & R INC                                  27549       412    Common       Sole           27549
EMR         291011104      EMERSON ELEC CO                                  29308      1439    Common       Sole           29308
NUE         670346105      NUCOR CORP                                       30074      1170    Common       Sole           30074
DOW         260543103      DOW CHEMICAL COMPANY                             30226      1054    Common       Sole           30226
KO          191216100      COCA-COLA CO                                     30858      2099    Common       Sole           30858
CIM         16934Q109      CHIMERA INVT CORP                                31602        97    Common       Sole           31602
NYB         649445103      NEW YORK CMNTY BANCO                             31648       428    Common       Sole           31648
CVX         166764100      CHEVRON CORP                                     31814      3309    Common       Sole           31814
HLIT        413160102      HARMONIC INC                                     31843       173    Common       Sole           31843
KEG         492914106      KEY ENERGY SVCS                                  32555       634    Common       Sole           32555
UPS         911312106      UTD PARCEL SERV                                  33007      2285    Common       Sole           33007
MAT         577081102      MATTEL INC                                       33644       897    Common       Sole           33644
DTV         25490A101      DIRECTV                                          33875      1717    Common       Sole           33875
CAH         14149Y108      CARDINAL HEALTH INC                              34345      1503    Common       Sole           34345
MCD         580135101      MCDONALDS CORP                                   34877      3016    Common       Sole           34877
NYX         629491101      NYSE EURONEXT                                    35389      1184    Common       Sole           35389
CBS         124857202      CBS CORPORATION                                  35817       980    Common       Sole           35817
PPDI        717124101      PHARMACEUTICAL PROD                              36303      1047    Common       Sole           36303
MCY         589400100      MERCURY GENERAL CORP                             36807      1367    Common       Sole           36807
COP         20825C104      CONOCOPHILLIPS                                   37170      2676    Common       Sole           37170
DRRX        266605104      DURECT CORP                                      37821        78    Common       Sole           37821
RGC         758766109      REGAL ENTERTAINMENT                              38338       490    Common       Sole           38338
TEL         H84989104      TYCO ELEC LTD                                    38921      1340    Common       Sole           38921
MAS         574599106      MASCO CORP                                       39157       413    Common       Sole           39157
NYT         650111107      NEW YORK TIMES CO                                39218       336    Common       Sole           39218
ADI         032654105      ANALOG DEVICES INC                               41946      1443    Common       Sole           41946
KR          501044101      KROGER CO                                        42577      1059    Common       Sole           42577
AXP         025816109      AMERICAN EXPRESS CO                              42739      2139    Common       Sole           42739
F           345370860      FORD MOTOR CO                                    43206       528    Common       Sole           43206
PFE         717081103      PFIZER INC                                       43934       846    Common       Sole           43934
EMC         268648102      EMC CORP MASS                                    44736      1167    Common       Sole           44736
HUN         447011107      HUNTSMAN CORP                                    46105       881    Common       Sole           46105
SE          847560109      SPECTRA ENERGY CORP                              46725      1263    Common       Sole           46725
WM          94106L109      WASTE MANAGEMENT INC                             46996      1480    Common       Sole           46996
JPM         46625H100      JPMORGAN CHASE & CO                              47201      1909    Common       Sole           47201
CSX         126408103      CSX CORP                                         47660      1171    Common       Sole           47660
ECA         292505104      ENCANA CORP                                      49986      1464    Common       Sole           49986
ABT         002824100      ABBOTT LABS                                      53347      2738    Common       Sole           53347
MFG         60687Y109      MIZUHO FINL GROUP IN                             53715       175    Common       Sole           53715
IWR         464287499      ISHARES TR                                       57810      6397    Common       Sole           57810
BSX         101137107      BOSTON SCIENTIFIC                                61991       444    Common       Sole           61991
BPO         112900105      BROOKFIELD PPTYS CO                              62968      1193    Common       Sole           62968
ORCL        68389X105      ORACLE CORP                                      64070      1959    Common       Sole           64070

                                                              Page 7<br /><br />Quarter Ended 6/30/2011
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                                                                                    Market                              Voting
  Ticker        Cusip                     Security                     Shares       Value      Class     Discretion   Authority
--------------------------------------------------------------------------------------------------------------------------------
{S}         {C}            {C}                                         {C}             {C}     {C}          {C}           {C}
DD          263534109      DU PONT E I DE NEMOU                             64659      3325    Common       Sole           64659
USB         902973304      US BANCORP DEL                                   66825      1741    Common       Sole           66825
IWF         464287614      ISHARES TR                                       70290      4224    Common       Sole           70290
BMY         110122108      BRISTOL MYERS SQUIBB                             72277      2071    Common       Sole           72277
INTC        458140100      INTEL CORP                                       77216      1724    Common       Sole           77216
WY          962166104      WEYERHAEUSER CO                                  85957      1718    Common       Sole           85957
MSFT        594918104      MICROSOFT CORP                                  106629      2922    Common       Sole          106629
GE          369604103      GENERAL ELECTRIC CO                             129870      2326    Common       Sole          129870
                                                                                     181780

                                                              Page 8