QS Investors

QS Investors as of Dec. 31, 2012

Portfolio Holdings for QS Investors

QS Investors holds 0 positions in its portfolio as reported in the December 2012 quarterly 13F filing

                {C}             {C}
                                                     FORM 13F INFORMATION TABLE
                                                             VALUE  SHARES/ SH/ PUT/ INVSTMT  OTHER            VOTING AUTHORITY
NAME OF ISSUER                 TITLE OF CLASS   CUSIP     (x$1000)  PRN AMT PRN CALL DSCRETN MANAGERS         SOLE   SHARED     NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M CO                          COM              88579Y101     1739    18900 SH       SOLE                    18900        0        0
AAON INC                       COM PAR $0.004   000360206      263    12600 SH       SOLE                    12600        0        0
AARONS INC                     COM PAR $0.50    002535300     7313   258600 SH       SOLE                   258600        0        0
ABBOTT LABS                    COM              002824100    68295  1043300 SH       SOLE                  1043300        0        0
ACCENTURE PLC IRELAND          SHS CLASS A      G1151C101     6544    98479 SH       SOLE                    98479        0        0
ACE LTD                        SHS              H0023R105     5555    69700 SH       SOLE                    69700        0        0
ACTIVISION BLIZZARD INC        COM              00507V109     3565   335700 SH       SOLE                   335700        0        0
ACXIOM CORP                    COM              005125109      180    10300 SH       SOLE                    10300        0        0
ADOBE SYS INC                  COM              00724F101      216     5800 SH       SOLE                     5800        0        0
AEP INDS INC                   COM              001031103      794    13400 SH       SOLE                    13400        0        0
AEROPOSTALE                    COM              007865108      133    10200 SH       SOLE                    10200        0        0
AES CORP                       COM              00130H105     2245   211000 SH       SOLE                   211000        0        0
AETNA INC NEW                  COM              00817Y108    22579   488000 SH       SOLE                   488000        0        0
AFLAC INC                      COM              001055102    65707  1237100 SH       SOLE                  1237100        0        0
AGILENT TECHNOLOGIES INC       COM              00846U101      838    20800 SH       SOLE                    20800        0        0
AGNICO EAGLE MINES LTD         COM              008474108     1361    26000 SH       SOLE                    26000        0        0
AGRIUM INC                     COM              008916108      934     9400 SH       SOLE                     9400        0        0
AIR LEASE CORP                 CL A             00912X302      684    31800 SH       SOLE                    31800        0        0
AIR PRODS & CHEMS INC          COM              009158106     1296    15600 SH       SOLE                    15600        0        0
AIRCASTLE LTD                  COM              G0129K104     1004    80000 SH       SOLE                    80000        0        0
AKAMAI TECHNOLOGIES INC        COM              00971T101    24508   599100 SH       SOLE                   599100        0        0
ALASKA AIR GROUP INC           COM              011659109    10488   243400 SH       SOLE                   243400        0        0
ALBANY MOLECULAR RESH INC      COM              012423109      145    27500 SH       SOLE                    27500        0        0
ALBEMARLE CORP                 COM              012653101      267     4400 SH       SOLE                     4400        0        0
ALCOA INC                      COM              013817101      803    94100 SH       SOLE                    94100        0        0
ALEXANDER & BALDWIN INC NEW    COM              014491104     1016    34600 SH       SOLE                    34600        0        0
ALEXION PHARMACEUTICALS INC    COM              015351109    18611   198500 SH       SOLE                   198500        0        0
ALKERMES PLC                   SHS              G01767105      583    31500 SH       SOLE                    31500        0        0
ALLEGHANY CORP DEL             COM              017175100      201      600 SH       SOLE                      600        0        0
ALLERGAN INC                   COM              018490102    15275   166700 SH       SOLE                   166700        0        0
ALLIANT ENERGY CORP            COM              018802108     1320    30300 SH       SOLE                    30300        0        0
ALLIANT TECHSYSTEMS INC        COM              018804104    11668   188300 SH       SOLE                   188300        0        0
ALLSTATE CORP                  COM              020002101    35208   876500 SH       SOLE                   876500        0        0
ALNYLAM PHARMACEUTICALS INC    COM              02043Q107     1616    88600 SH       SOLE                    88600        0        0
ALON USA ENERGY INC            COM              020520102     2717   150200 SH       SOLE                   150200        0        0
ALTRIA GROUP INC               COM              02209S103    23222   739800 SH       SOLE                   739800        0        0
AMAZON COM INC                 COM              023135106     2265     9100 SH       SOLE                     9100        0        0
AMEREN CORP                    COM              023608102    30272   985900 SH       SOLE                   985900        0        0
AMERICAN EAGLE OUTFITTERS NE   COM              02553E106     3877   189000 SH       SOLE                   189000        0        0
AMERICAN ELEC PWR INC          COM              025537101     3980    93800 SH       SOLE                    93800        0        0
AMERICAN EXPRESS CO            COM              025816109     6491   113200 SH       SOLE                   113200        0        0
AMERICAN RAILCAR INDS INC      COM              02916P103      336    10600 SH       SOLE                    10600        0        0
AMERICAN TOWER CORP NEW        COM              03027X100    17038   220700 SH       SOLE                   220700        0        0
AMERICAN VANGUARD CORP         COM              030371108      898    28900 SH       SOLE                    28900        0        0
AMERICAN WTR WKS CO INC NEW    COM              030420103     8304   224000 SH       SOLE                   224000        0        0
AMERIPRISE FINL INC            COM              03076C106      506     8104 SH       SOLE                     8104        0        0
AMERISOURCEBERGEN CORP         COM              03073E105     1081    25200 SH       SOLE                    25200        0        0
AMGEN INC                      COM              031162100    68701   796220 SH       SOLE                   796220        0        0
AMKOR TECHNOLOGY INC           COM              031652100      271    63700 SH       SOLE                    63700        0        0
AMN HEALTHCARE SERVICES INC    COM              001744101     1870   161900 SH       SOLE                   161900        0        0
AMSURG CORP                    COM              03232P405      573    19100 SH       SOLE                    19100        0        0
ANADARKO PETE CORP             COM              032511107     1227    16700 SH       SOLE                    16700        0        0
ANGLOGOLD ASHANTI LTD          SPONSORED ADR    035128206     7193   229300 SH       SOLE                   229300        0        0
ANHEUSER BUSCH INBEV SA/NV     SPONSORED ADR    03524A108    39282   449400 SH       SOLE                   449400        0        0
ANN INC                        COM              035623107      511    15100 SH       SOLE                    15100        0        0
ANNALY CAP MGMT INC            COM              035710409      174    12400 SH       SOLE                    12400        0        0
AOL INC                        COM              00184X105    39271  1326300 SH       SOLE                  1326300        0        0
APACHE CORP                    COM              037411105     1097    14138 SH       SOLE                    14138        0        0
APOGEE ENTERPRISES INC         COM              037598109      806    33600 SH       SOLE                    33600        0        0
APPLE INC                      COM              037833100    32846    61765 SH       SOLE                    61765        0        0
ARCHER DANIELS MIDLAND CO      COM              039483102     1139    42050 SH       SOLE                    42050        0        0
ARES CAP CORP                  COM              04010L103     1329    75900 SH       SOLE                    75900        0        0
ARGAN INC                      COM              04010E109     1357    75400 SH       SOLE                    75400        0        0
ARGO GROUP INTL HLDGS LTD      COM              G0464B107      262     7800 SH       SOLE                     7800        0        0
ARRIS GROUP INC                COM              04269Q100      427    28600 SH       SOLE                    28600        0        0
ARROW ELECTRS INC              COM              042735100      495    13000 SH       SOLE                    13000        0        0
ASCENT CAP GROUP INC           COM SER A        043632108      626    10100 SH       SOLE                    10100        0        0
ASHLAND INC NEW                COM              044209104      306     3800 SH       SOLE                     3800        0        0
ASPEN INSURANCE HOLDINGS LTD   SHS              G05384105      799    24900 SH       SOLE                    24900        0        0
ASSOCIATED BANC CORP           COM              045487105     2036   155200 SH       SOLE                   155200        0        0
ASSURED GUARANTY LTD           COM              G0585R106     1278    89800 SH       SOLE                    89800        0        0
ASTRAZENECA PLC                SPONSORED ADR    046353108     3999    84600 SH       SOLE                    84600        0        0
AT^T INC                       COM              00206R102    69001  2054992 SH       SOLE                  2054992        0        0
ATLANTICUS HLDGS CORP          COM              04914Y102       58    17300 SH       SOLE                    17300        0        0
AUTOMATIC DATA PROCESSING IN   COM              053015103      793    14000 SH       SOLE                    14000        0        0
AUTONATION INC                 COM              05329W102      957    24100 SH       SOLE                    24100        0        0
AVERY DENNISON CORP            COM              053611109     9236   264500 SH       SOLE                   264500        0        0
AVX CORP NEW                   COM              002444107      604    56000 SH       SOLE                    56000        0        0
AXIS CAPITAL HOLDINGS INV      SHS              G0692U109      634    18300 SH       SOLE                    18300        0        0
BAKER HUGHES INC               COM              057224107      751    18561 SH       SOLE                    18561        0        0
BALL CORP                      COM              058498106      291     6500 SH       SOLE                     6500        0        0
BALLY TECHNOLOGIES INC         COM              05874B107      666    14900 SH       SOLE                    14900        0        0
BANK MONTREAL QUE              COM              063671101      733    12052 SH       SOLE                    12052        0        0
BANK NEW YORK MELLON CORP      COM              064058100     1082    42560 SH       SOLE                    42560        0        0
BANK NOVA SCOTIA HALIFAX       COM              064149107      882    15452 SH       SOLE                    15452        0        0
BANK OF AMERICA CORPORATION    COM              060505104    19944  1721956 SH       SOLE                  1721956        0        0
BANNER CORP                    COM NEW          06652V208      725    23600 SH       SOLE                    23600        0        0
BARD C R INC                   COM              067383109      856     8800 SH       SOLE                     8800        0        0
BARNES & NOBLE INC             COM              067774109     2170   143800 SH       SOLE                   143800        0        0
BARRETT BUSINESS SERVICES IN   COM              068463108      411    10800 SH       SOLE                    10800        0        0
BARRICK GOLD CORP              COM              067901108     1881    54131 SH       SOLE                    54131        0        0
BAXTER INTL INC                COM              071813109     3754    56700 SH       SOLE                    56700        0        0
BB^T CORP                      COM              054937107      452    15700 SH       SOLE                    15700        0        0
BCE INC                        COM NEW          05534B760     3322    78049 SH       SOLE                    78049        0        0
BEAM INC                       COM              073730103      664    11000 SH       SOLE                    11000        0        0
BECTON DICKINSON & CO          COM              075887109     1889    24400 SH       SOLE                    24400        0        0
BEMIS INC                      COM              081437105     6775   202500 SH       SOLE                   202500        0        0
BERKSHIRE HATHAWAY INC DEL     CL B NEW         084670702     6334    70720 SH       SOLE                    70720        0        0
BEST BUY INC                   COM              086516101     1039    87700 SH       SOLE                    87700        0        0
BIOGEN IDEC INC                COM              09062X103     4342    29725 SH       SOLE                    29725        0        0
BLACK BOX CORP DEL             COM              091826107      353    14500 SH       SOLE                    14500        0        0
BLACK HILLS CORP               COM              092113109      683    18800 SH       SOLE                    18800        0        0
BLACKROCK INC                  COM              09247X101    15140    73300 SH       SOLE                    73300        0        0
BLOCK H & R INC                COM              093671105      202    10900 SH       SOLE                    10900        0        0
BLUCORA INC                    COM              095229100     1123    71500 SH       SOLE                    71500        0        0
BOEING CO                      COM              097023105    39379   522700 SH       SOLE                   522700        0        0
BON-TON STORES INC             COM              09776J101     1635   134900 SH       SOLE                   134900        0        0
BOOZ ALLEN HAMILTON HLDG COR   CL A             099502106     1557   111800 SH       SOLE                   111800        0        0
BOSTON SCIENTIFIC CORP         COM              101137107    27186  4745267 SH       SOLE                  4745267        0        0
BRANDYWINE RLTY TR             SH BEN INT NEW   105368203     4824   395700 SH       SOLE                   395700        0        0
BRINKER INTL INC               COM              109641100     1088    35100 SH       SOLE                    35100        0        0
BRISTOL MYERS SQUIBB CO        COM              110122108     3554   109600 SH       SOLE                   109600        0        0
BROCADE COMMUNICATIONS SYS I   COM NEW          111621306    14685  2755100 SH       SOLE                  2755100        0        0
BROOKFIELD ASSET MGMT INC      CL A LTD VT SH   112585104      406    11077 SH       SOLE                    11077        0        0
BROWN FORMAN CORP              CL B             115637209      437     7012 SH       SOLE                     7012        0        0
BROWN SHOE INC NEW             COM              115736100     5718   311300 SH       SOLE                   311300        0        0
BUILD A BEAR WORKSHOP          COM              120076104      110    28700 SH       SOLE                    28700        0        0
BUNGE LIMITED                  COM              G16962105    25176   346400 SH       SOLE                   346400        0        0
C H ROBINSON WORLDWIDE INC     COM NEW          12541W209      683    10800 SH       SOLE                    10800        0        0
CABOT OIL & GAS CORP           COM              127097103      823    16600 SH       SOLE                    16600        0        0
CADENCE DESIGN SYSTEM INC      COM              127387108    11606   859100 SH       SOLE                   859100        0        0
CAL MAINE FOODS INC            COM NEW          128030202      949    23600 SH       SOLE                    23600        0        0
CALAMP CORP                    COM              128126109      919   110500 SH       SOLE                   110500        0        0
CALPINE CORP                   COM NEW          131347304     1445    80400 SH       SOLE                    80400        0        0
CAMBREX CORP                   COM              132011107     2247   197438 SH       SOLE                   197438        0        0
CAMDEN PPTY TR                 SH BEN INT       133131102      941    13800 SH       SOLE                    13800        0        0
CAMERON INTERNATIONAL CORP     COM              13342B105      646    11500 SH       SOLE                    11500        0        0
CAMPBELL SOUP CO               COM              134429109      283     8200 SH       SOLE                     8200        0        0
CANADIAN NAT RES LTD           COM              136385101     1504    52500 SH       SOLE                    52500        0        0
CANADIAN NATL RY CO            COM              136375102     1578    17600 SH       SOLE                    17600        0        0
CANADIAN PAC RY LTD            COM              13645T100      690     6900 SH       SOLE                     6900        0        0
CAPITAL ONE FINL CORP          COM              14040H105    11333   195761 SH       SOLE                   195761        0        0
CAPLEASE INC                   COM              140288101      908   163100 SH       SOLE                   163100        0        0
CARDINAL HEALTH INC            COM              14149Y108     1475    36000 SH       SOLE                    36000        0        0
CAREFUSION CORP                COM              14170T101      769    27000 SH       SOLE                    27000        0        0
CARTER INC                     COM              146229109     1330    23900 SH       SOLE                    23900        0        0
CATAMARAN CORP                 COM              148887102     3574    76300 SH       SOLE                    76300        0        0
CATERPILLAR INC DEL            COM              149123101     1243    14100 SH       SOLE                    14100        0        0
CBEYOND INC                    COM              149847105      676    74700 SH       SOLE                    74700        0        0
CBL & ASSOC PPTYS INC          COM              124830100    15531   732300 SH       SOLE                   732300        0        0
CBS CORP NEW                   CL B             124857202     1294    34350 SH       SOLE                    34350        0        0
CDN IMPERIAL BK OF COMMERCE    COM              136069101      703     8820 SH       SOLE                     8820        0        0
CEDAR REALTY TRUST INC         COM NEW          150602209      798   151000 SH       SOLE                   151000        0        0
CELANESE CORP DEL              COM SER A        150870103      526    12000 SH       SOLE                    12000        0        0
CELGENE CORP                   COM              151020104     5021    64000 SH       SOLE                    64000        0        0
CEMEX SAB DE CV                SPON ADR NEW     151290889     7348   744500 SH       SOLE                   744500        0        0
CENOVUS ENERGY INC             COM              15135U109      696    20926 SH       SOLE                    20926        0        0
CENTENE CORP DEL               COM              15135B101      640    15600 SH       SOLE                    15600        0        0
CENTERPOINT ENERGY INC         COM              15189T107     1816    95000 SH       SOLE                    95000        0        0
CENTRAL GARDEN & PET CO        CL A NON-VTG     153527205      588    56300 SH       SOLE                    56300        0        0
CENTURYLINK INC                COM              156700106    11600   297464 SH       SOLE                   297464        0        0
CERNER CORP                    COM              156782104     1380    17900 SH       SOLE                    17900        0        0
CF INDS HLDGS INC              COM              125269100    63213   311200 SH       SOLE                   311200        0        0
CHARLES RIV LABS INTL INC      COM              159864107      529    14100 SH       SOLE                    14100        0        0
CHECKPOINT SYS INC             COM              162825103      414    38500 SH       SOLE                    38500        0        0
CHESAPEAKE ENERGY CORP         COM              165167107      333    20100 SH       SOLE                    20100        0        0
CHEVRON CORP NEW               COM              166764100    11250   104497 SH       SOLE                   104497        0        0
CHICOS FAS INC                 COM              168615102      327    17700 SH       SOLE                    17700        0        0
CHIMERA INVT CORP              COM              16934Q109       40    15400 SH       SOLE                    15400        0        0
CHIQUITA BRANDS INTL INC       COM              170032809      750    91000 SH       SOLE                    91000        0        0
CHUBB CORP                     COM              171232101    27619   366700 SH       SOLE                   366700        0        0
CHURCH & DWIGHT INC            COM              171340102      654    12300 SH       SOLE                    12300        0        0
CIGNA CORPORATION              COM              125509109    28052   524840 SH       SOLE                   524840        0        0
CIMAREX ENERGY CO              COM              171798101     3678    63700 SH       SOLE                    63700        0        0
CINCINNATI FINL CORP           COM              172062101     4698   120000 SH       SOLE                   120000        0        0
CINEMARK HOLDINGS INC          COM              17243V102      574    22100 SH       SOLE                    22100        0        0
CISCO SYS INC                  COM              17275R102    77485  3944200 SH       SOLE                  3944200        0        0
CITIGROUP INC                  COM NEW          172967424    59376  1501601 SH       SOLE                  1501601        0        0
CITIZENS REPUBLIC BANCORP IN   COM NEW          174420307     2365   124700 SH       SOLE                   124700        0        0
CLIFFS NATURAL RESOURCES INC   COM              18683K101      332     8800 SH       SOLE                     8800        0        0
CLOROX CO DEL                  COM              189054109      765    10500 SH       SOLE                    10500        0        0
CME GROUP INC                  COM              12572Q105      402     7950 SH       SOLE                     7950        0        0
CMS ENERGY CORP                COM              125896100     2964   122500 SH       SOLE                   122500        0        0
CNO FINL GROUP INC             COM              12621E103     1431   153400 SH       SOLE                   153400        0        0
COACH INC                      COM              189754104      293     5300 SH       SOLE                     5300        0        0
COCA COLA CO                   COM              191216100     6750   187200 SH       SOLE                   187200        0        0
COCA COLA ENTERPRISES INC NE   COM              19122T109      795    25100 SH       SOLE                    25100        0        0
COGNIZANT TECHNOLOGY SOLUTIO   CL A             192446102     5945    80300 SH       SOLE                    80300        0        0
COLGATE PALMOLIVE CO           COM              194162103     6798    65200 SH       SOLE                    65200        0        0
COMCAST CORP NEW               CL A             20030N101    44001  1177758 SH       SOLE                  1177758        0        0
COMCAST CORP NEW               CL A SPL         20030N200    32903   915450 SH       SOLE                   915450        0        0
COMMERCIAL METALS CO           COM              201723103     1592   107100 SH       SOLE                   107100        0        0
COMPANIA DE MINAS BUENAVENTU   SPONSORED ADR    204448104      618    17400 SH       SOLE                    17400        0        0
COMPUTER SCIENCES CORP         COM              205363104    55934  1396600 SH       SOLE                  1396600        0        0
COMTECH TELECOMMUNICATIONS C   COM NEW          205826209     2564   101000 SH       SOLE                   101000        0        0
CONAGRA FOODS INC              COM              205887102     1953    66300 SH       SOLE                    66300        0        0
CONOCOPHILLIPS                 COM              20825C104    74170  1279400 SH       SOLE                  1279400        0        0
CONSOLIDATED EDISON INC        COM              209115104    20170   363500 SH       SOLE                   363500        0        0
CONVERGYS CORP                 COM              212485106      963    58700 SH       SOLE                    58700        0        0
CON-WAY INC                    COM              205944101      534    19200 SH       SOLE                    19200        0        0
CORELOGIC INC                  COM              21871D103    31413  1166900 SH       SOLE                  1166900        0        0
COSTCO WHSL CORP NEW           COM              22160K105    56204   569200 SH       SOLE                   569200        0        0
COVANCE INC                    COM              222816100      445     7700 SH       SOLE                     7700        0        0
COVENTRY HEALTH CARE INC       COM              222862104      683    15300 SH       SOLE                    15300        0        0
COVIDIEN PLC                   SHS              G2554F113     3006    52475 SH       SOLE                    52475        0        0
CREDICORP LTD                  COM              G2519Y108      484     3300 SH       SOLE                     3300        0        0
CROWN CASTLE INTL CORP         COM              228227104     4754    66300 SH       SOLE                    66300        0        0
CSG SYS INTL INC               COM              126349109     2685   147700 SH       SOLE                   147700        0        0
CSX CORP                       COM              126408103      329    16900 SH       SOLE                    16900        0        0
CUMMINS INC                    COM              231021106      438     4100 SH       SOLE                     4100        0        0
CVR ENERGY INC                 COM              12662P108     7674   157300 SH       SOLE                   157300        0        0
CVS CAREMARK CORPORATION       COM              126650100    48514  1003929 SH       SOLE                  1003929        0        0
CYNOSURE INC                   CL A             232577205     1099    45600 SH       SOLE                    45600        0        0
CYTEC INDS INC                 COM              232820100      578     8400 SH       SOLE                     8400        0        0
DANAHER CORP DEL               COM              235851102     1067    19300 SH       SOLE                    19300        0        0
DAVITA HEALTHCARE PARTNERS I   COM              23918K108     2501    22700 SH       SOLE                    22700        0        0
DEAN FOODS CO NEW              COM              242370104     8985   544200 SH       SOLE                   544200        0        0
DEERE & CO                     COM              244199105      987    11600 SH       SOLE                    11600        0        0
DELEK US HLDGS INC             COM              246647101    10335   408200 SH       SOLE                   408200        0        0
DENTSPLY INTL INC NEW          COM              249030107      646    16400 SH       SOLE                    16400        0        0
DEVON ENERGY CORP NEW          COM              25179M103      662    12900 SH       SOLE                    12900        0        0
DIAGEO P L C                   SPON ADR NEW     25243Q205    15634   134100 SH       SOLE                   134100        0        0
DILLARDS INC                   CL A             254067101    12348   147390 SH       SOLE                   147390        0        0
DIRECTV                        COM              25490A309     1673    33679 SH       SOLE                    33679        0        0
DISCOVER FINL SVCS             COM              254709108    45314  1175500 SH       SOLE                  1175500        0        0
DISNEY WALT CO                 COM DISNEY       254687106     6090   122800 SH       SOLE                   122800        0        0
DOMINION RES INC VA NEW        COM              25746U109     4987    96800 SH       SOLE                    96800        0        0
DOMTAR CORP                    COM NEW          257559203     1955    23400 SH       SOLE                    23400        0        0
DONNELLEY R R & SONS CO        COM              257867101      480    53300 SH       SOLE                    53300        0        0
DOW CHEM CO                    COM              260543103     2916    91200 SH       SOLE                    91200        0        0
DR PEPPER SNAPPLE GROUP INC    COM              26138E109      213     4850 SH       SOLE                     4850        0        0
DTE ENERGY CO                  COM              233331107    10688   178200 SH       SOLE                   178200        0        0
DU PONT E I DE NEMOURS & CO    COM              263534109     2821    63400 SH       SOLE                    63400        0        0
DUKE ENERGY CORP NEW           COM NEW          26441C204    22319   350687 SH       SOLE                   350687        0        0
DUKE REALTY CORP               COM NEW          264411505     4076   293900 SH       SOLE                   293900        0        0
DXP ENTERPRISES INC NEW        COM NEW          233377407     1182    24100 SH       SOLE                    24100        0        0
E M C CORP MASS                COM              268648102    10645   421200 SH       SOLE                   421200        0        0
EAGLE MATERIALS INC            COM              26969P108     3516    60100 SH       SOLE                    60100        0        0
EARTHLINK INC                  COM              270321102     1036   160500 SH       SOLE                   160500        0        0
EAST WEST BANCORP INC          COM              27579R104     5016   233400 SH       SOLE                   233400        0        0
EASTMAN CHEM CO                COM              277432100      777    11600 SH       SOLE                    11600        0        0
EATON CORP PLC                 SHS              G29183103      291     5364 SH       SOLE                     5364        0        0
EATON VANCE CORP               COM NON VTG      278265103      223     7000 SH       SOLE                     7000        0        0
EBAY INC                       COM              278642103    13427   263400 SH       SOLE                   263400        0        0
ECHOSTAR CORP                  CL A             278768106     1704    49800 SH       SOLE                    49800        0        0
ECOLAB INC                     COM              278865100     1156    16300 SH       SOLE                    16300        0        0
EDISON INTL                    COM              281020107     2925    65100 SH       SOLE                    65100        0        0
EDWARDS LIFESCIENCES CORP      COM              28176E108      968    10800 SH       SOLE                    10800        0        0
ELDORADO GOLD CORP NEW         COM              284902103      475    37100 SH       SOLE                    37100        0        0
EMERITUS CORP                  COM              291005106      937    37900 SH       SOLE                    37900        0        0
EMERSON ELEC CO                COM              291011104      878    16800 SH       SOLE                    16800        0        0
ENBRIDGE INC                   COM              29250N105     1231    28720 SH       SOLE                    28720        0        0
ENCANA CORP                    COM              292505104      332    16826 SH       SOLE                    16826        0        0
ENERGYSOLUTIONS INC            COM              292756202      488   156400 SH       SOLE                   156400        0        0
ENGILITY HLDGS INC             COM              29285W104      865    44900 SH       SOLE                    44900        0        0
ENPRO INDS INC                 COM              29355X107      868    21200 SH       SOLE                    21200        0        0
ENSCO PLC                      SHS CLASS A      G3157S106      368     6200 SH       SOLE                     6200        0        0
ENTERGY CORP NEW               COM              29364G103     2187    34600 SH       SOLE                    34600        0        0
EOG RES INC                    COM              26875P101     1757    14700 SH       SOLE                    14700        0        0
EPL OIL & GAS INC              COM              26883D108      643    28500 SH       SOLE                    28500        0        0
EQUIFAX INC                    COM              294429105      991    18300 SH       SOLE                    18300        0        0
EQUITY RESIDENTIAL             SH BEN INT       29476L107      431     7600 SH       SOLE                     7600        0        0
ESSEX PPTY TR INC              COM              297178105      279     1900 SH       SOLE                     1900        0        0
EVEREST RE GROUP LTD           COM              G3223R108     5817    52900 SH       SOLE                    52900        0        0
EXELIS INC                     COM              30162A108     1195   106000 SH       SOLE                   106000        0        0
EXELON CORP                    COM              30161N101     5560   188053 SH       SOLE                   188053        0        0
EXPEDIA INC DEL                COM NEW          30212P303    56688   922500 SH       SOLE                   922500        0        0
EXPRESS SCRIPTS HLDG CO        COM              30219G108     8715   161937 SH       SOLE                   161937        0        0
EXTERRAN HLDGS INC             COM              30225X103     5789   264100 SH       SOLE                   264100        0        0
EXTRA SPACE STORAGE INC        COM              30225T102     2001    55000 SH       SOLE                    55000        0        0
EXXON MOBIL CORP               COM              30231G102    44372   513711 SH       SOLE                   513711        0        0
F M C CORP                     COM NEW          302491303      280     4900 SH       SOLE                     4900        0        0
FACEBOOK INC                   CL A             30303M102      654    24700 SH       SOLE                    24700        0        0
FEDEX CORP                     COM              31428X106      789     8720 SH       SOLE                     8720        0        0
FELCOR LODGING TR INC          COM              31430F101     1291   276400 SH       SOLE                   276400        0        0
FIDELITY NATIONAL FINANCIAL    CL A             31620R105     5418   230100 SH       SOLE                   230100        0        0
FIRST AMERN FINL CORP          COM              31847R102    11385   472600 SH       SOLE                   472600        0        0
FIRST FINL HLDGS INC           COM              320239106      405    31000 SH       SOLE                    31000        0        0
FIRST INDUSTRIAL REALTY TRUS   COM              32054K103      510    36200 SH       SOLE                    36200        0        0
FIRST MERCHANTS CORP           COM              320817109     1040    70100 SH       SOLE                    70100        0        0
FIRST NIAGARA FINL GP INC      COM              33582V108      633    79800 SH       SOLE                    79800        0        0
FIRST SOLAR INC                COM              336433107    40179  1301100 SH       SOLE                  1301100        0        0
FIRSTENERGY CORP               COM              337932107     3324    80129 SH       SOLE                    80129        0        0
FISERV INC                     COM              337738108      434     5500 SH       SOLE                     5500        0        0
FMC TECHNOLOGIES INC           COM              30249U101      303     7100 SH       SOLE                     7100        0        0
FOOT LOCKER INC                COM              344849104     2782    86600 SH       SOLE                    86600        0        0
FORD MTR CO DEL                COM PAR $0.01    345370860      889    69562 SH       SOLE                    69562        0        0
FOREST LABS INC                COM              345838106      786    22400 SH       SOLE                    22400        0        0
FORMFACTOR INC                 COM              346375108      470   103100 SH       SOLE                   103100        0        0
FRANCO NEVADA CORP             COM              351858105      303     5400 SH       SOLE                     5400        0        0
FRANKLIN RES INC               COM              354613101    17078   135900 SH       SOLE                   135900        0        0
FREEPORT-MCMORAN COPPER & GO   COM              35671D857     2008    59346 SH       SOLE                    59346        0        0
FREIGHTCAR AMER INC            COM              357023100     1188    53000 SH       SOLE                    53000        0        0
FRESH DEL MONTE PRODUCE INC    ORD              G36738105      411    15600 SH       SOLE                    15600        0        0
FRONTIER COMMUNICATIONS CORP   COM              35906A108      894   210494 SH       SOLE                   210494        0        0
FUSHI COPPERWELD INC           COM              36113E107      501    53000 SH       SOLE                    53000        0        0
GAMESTOP CORP NEW              CL A             36467W109     7998   318700 SH       SOLE                   318700        0        0
GANNETT INC                    COM              364730101    29752  1652000 SH       SOLE                  1652000        0        0
GAP INC DEL                    COM              364760108    59116  1904500 SH       SOLE                  1904500        0        0
GATX CORP                      COM              361448103      212     4900 SH       SOLE                     4900        0        0
GENCORP INC                    COM              368682100      672    73400 SH       SOLE                    73400        0        0
GENERAL DYNAMICS CORP          COM              369550108     6576    95000 SH       SOLE                    95000        0        0
GENERAL ELECTRIC CO            COM              369604103     9518   455274 SH       SOLE                   455274        0        0
GENERAL MLS INC                COM              370334104     1562    39000 SH       SOLE                    39000        0        0
GENERAL MTRS CO                COM              37045V100    63181  2191500 SH       SOLE                  2191500        0        0
GENTIVA HEALTH SERVICES INC    COM              37247A102     1645   163600 SH       SOLE                   163600        0        0
GEORGIA GULF CORP              COM PAR$0.01 NEW 373200302    19868   481300 SH       SOLE                   481300        0        0
GILEAD SCIENCES INC            COM              375558103     3796    52000 SH       SOLE                    52000        0        0
GLOBAL CASH ACCESS HLDGS INC   COM              378967103     2414   307900 SH       SOLE                   307900        0        0
GOLDCORP INC NEW               COM              380956409     1664    45483 SH       SOLE                    45483        0        0
GOLDMAN SACHS GROUP INC        COM              38141G104     3069    24190 SH       SOLE                    24190        0        0
GOODYEAR TIRE & RUBR CO        COM              382550101     1483   107400 SH       SOLE                   107400        0        0
GOOGLE INC                     CL A             38259P508     4613     6540 SH       SOLE                     6540        0        0
GREAT PLAINS ENERGY INC        COM              391164100      837    41200 SH       SOLE                    41200        0        0
GROUPE CGI INC                 CL A SUB VTG     39945C109     1946    84800 SH       SOLE                    84800        0        0
H & E EQUIPMENT SERVICES INC   COM              404030108     1526   101300 SH       SOLE                   101300        0        0
HALLIBURTON CO                 COM              406216101     1102    32100 SH       SOLE                    32100        0        0
HARBINGER GROUP INC            COM              41146A106      430    55900 SH       SOLE                    55900        0        0
HARRIS CORP DEL                COM              413875105     5817   118800 SH       SOLE                   118800        0        0
HARSCO CORP                    COM              415864107      797    33900 SH       SOLE                    33900        0        0
HAWAIIAN ELEC INDUSTRIES       COM              419870100      322    12800 SH       SOLE                    12800        0        0
HAWAIIAN HOLDINGS INC          COM              419879101     3199   486900 SH       SOLE                   486900        0        0
HCA HOLDINGS INC               COM              40412C101      315    10500 SH       SOLE                    10500        0        0
HCP INC                        COM              40414L109      392     8800 SH       SOLE                     8800        0        0
HEALTH NET INC                 COM              42222G108    15109   621800 SH       SOLE                   621800        0        0
HEARTLAND PMT SYS INC          COM              42235N108     2666    90400 SH       SOLE                    90400        0        0
HEINZ H J CO                   COM              423074103     1302    22800 SH       SOLE                    22800        0        0
HELMERICH & PAYNE INC          COM              423452101     2263    40400 SH       SOLE                    40400        0        0
HENRY JACK & ASSOC INC         COM              426281101      329     8400 SH       SOLE                     8400        0        0
HERCULES OFFSHORE INC          COM              427093109      265    42900 SH       SOLE                    42900        0        0
HERSHEY CO                     COM              427866108      852    11900 SH       SOLE                    11900        0        0
HESS CORP                      COM              42809H107      595    11300 SH       SOLE                    11300        0        0
HEWLETT PACKARD CO             COM              428236103    20551  1442500 SH       SOLE                  1442500        0        0
HIGHWOODS PPTYS INC            COM              431284108     1084    32400 SH       SOLE                    32400        0        0
HOLLYFRONTIER CORP             COM              436106108    65776  1413000 SH       SOLE                  1413000        0        0
HOLOGIC INC                    COM              436440101      592    29700 SH       SOLE                    29700        0        0
HOME DEPOT INC                 COM              437076102    17630   285400 SH       SOLE                   285400        0        0
HOMEOWNERS CHOICE INC          COM              43741E103      308    14800 SH       SOLE                    14800        0        0
HONEYWELL INTL INC             COM              438516106     4321    68300 SH       SOLE                    68300        0        0
HORACE MANN EDUCATORS CORP N   COM              440327104      220    11000 SH       SOLE                    11000        0        0
HOSPITALITY PPTYS TR           COM SH BEN INT   44106M102     1361    58100 SH       SOLE                    58100        0        0
HSBC HLDGS PLC                 SPON ADR NEW     404280406     4282    80700 SH       SOLE                    80700        0        0
HUMANA INC                     COM              444859102    20948   305300 SH       SOLE                   305300        0        0
HUNTINGTON INGALLS INDS INC    COM              446413106    17029   392900 SH       SOLE                   392900        0        0
HUNTSMAN CORP                  COM              447011107      814    51200 SH       SOLE                    51200        0        0
HYSTER YALE MATLS HANDLING I   CL A             449172105      336     6900 SH       SOLE                     6900        0        0
IAC INTERACTIVECORP            COM PAR $.001    44919P508    17988   380300 SH       SOLE                   380300        0        0
IBERIABANK CORP                COM              450828108     2820    57400 SH       SOLE                    57400        0        0
ICU MED INC                    COM              44930G107      664    10900 SH       SOLE                    10900        0        0
ILLINOIS TOOL WKS INC          COM              452308109      886    14800 SH       SOLE                    14800        0        0
ILLUMINA INC                   COM              452327109      917    16500 SH       SOLE                    16500        0        0
IMPERIAL OIL LTD               COM NEW          453038408      331     7800 SH       SOLE                     7800        0        0
INGRAM MICRO INC               CL A             457153104     5568   329100 SH       SOLE                   329100        0        0
INGREDION INC                  COM              457187102      296     4600 SH       SOLE                     4600        0        0
INSIGHT ENTERPRISES INC        COM              45765U103      344    19800 SH       SOLE                    19800        0        0
INSPERITY INC                  COM              45778Q107      238     7300 SH       SOLE                     7300        0        0
INTEGRYS ENERGY GROUP INC      COM              45822P105     1423    27500 SH       SOLE                    27500        0        0
INTEL CORP                     COM              458140100     2625   128000 SH       SOLE                   128000        0        0
INTERMEC INC                   COM              458786100      788    79900 SH       SOLE                    79900        0        0
INTERNATIONAL BUSINESS MACHS   COM              459200101    13930    72861 SH       SOLE                    72861        0        0
INTERNATIONAL FLAVORS^FRAGRA   COM              459506101      326     4900 SH       SOLE                     4900        0        0
INTERNATIONAL GAME TECHNOLOG   COM              459902102      154    10900 SH       SOLE                    10900        0        0
INTL PAPER CO                  COM              460146103     1674    42400 SH       SOLE                    42400        0        0
INTUITIVE SURGICAL INC         COM NEW          46120E602     1898     3900 SH       SOLE                     3900        0        0
INVESCO LTD                    SHS              G491BT108      452    17343 SH       SOLE                    17343        0        0
ISHARES INC                    MSCI AUSTRALIA   464286103     1073    42637 SH       SOLE                    42637        0        0
ISHARES INC                    MSCI CDA INDEX   464286509     5479   192928 SH       SOLE                   192928        0        0
ISHARES INC                    MSCI UTD KINGD   464286699     7671   427582 SH       SOLE                   427582        0        0
ISHARES INC                    MSCI GERMAN      464286806      363    14701 SH       SOLE                    14701        0        0
ISHARES INC                    MSCI JAPAN       464286848      131    13421 SH       SOLE                    13421        0        0
ISHARES INC                    MSCI ITALY       464286855      223    16563 SH       SOLE                    16563        0        0
ISHARES TR                     MSCI EMERG MKT   464287234     6919   156000 SH       SOLE                   156000        0        0
ISHARES TR                     S^P GTFIDX ETF   464288174     7578   167508 SH       SOLE                   167508        0        0
ISHARES TR                     JPMORGAN USD     464288281      206     1674 SH       SOLE                     1674        0        0
ISHARES TR                     US PFD STK IDX   464288687    60204  1519534 SH       SOLE                  1519534        0        0
ISTAR FINL INC                 COM              45031U101     2357   289200 SH       SOLE                   289200        0        0
ITRON INC                      COM              465741106     1341    30100 SH       SOLE                    30100        0        0
ITT CORP NEW                   COM NEW          450911201    30446  1297800 SH       SOLE                  1297800        0        0
IXIA                           COM              45071R109      647    38100 SH       SOLE                    38100        0        0
JOHNSON & JOHNSON              COM              478160104    34110   487400 SH       SOLE                   487400        0        0
JOHNSON CTLS INC               COM              478366107      324    10700 SH       SOLE                    10700        0        0
JPMORGAN CHASE & CO            COM              46625H100    57004  1297332 SH       SOLE                  1297332        0        0
KCAP FINL INC                  COM              48668E101     1226   133300 SH       SOLE                   133300        0        0
KELLOGG CO                     COM              487836108      870    15600 SH       SOLE                    15600        0        0
KEYCORP NEW                    COM              493267108    35995  4274900 SH       SOLE                  4274900        0        0
KIMBALL INTL INC               CL B             494274103     1454   125200 SH       SOLE                   125200        0        0
KIMBERLY CLARK CORP            COM              494368103    24521   290600 SH       SOLE                   290600        0        0
KINDER MORGAN INC DEL          COM              49456B101      379    10816 SH       SOLE                    10816        0        0
KINROSS GOLD CORP              COM NO PAR       496902404    22224  2286900 SH       SOLE                  2286900        0        0
KONA GRILL INC                 COM              50047H201      116    13400 SH       SOLE                    13400        0        0
KONINKLIJKE PHILIPS ELECTRS    NY REG SH NEW    500472303    11014   415000 SH       SOLE                   415000        0        0
KORN FERRY INTL                COM NEW          500643200      725    45700 SH       SOLE                    45700        0        0
KRAFT FOODS GROUP INC          COM              50076Q106     1630    36086 SH       SOLE                    36086        0        0
KROGER CO                      COM              501044101     1694    65500 SH       SOLE                    65500        0        0
KULICKE & SOFFA INDS INC       COM              501242101    10851   905100 SH       SOLE                   905100        0        0
L & L ENERGY INC               COM              50162D100       61    32100 SH       SOLE                    32100        0        0
LABORATORY CORP AMER HLDGS     COM NEW          50540R409      834     9700 SH       SOLE                     9700        0        0
LAMAR ADVERTISING CO           CL A             512815101     1415    36500 SH       SOLE                    36500        0        0
LAS VEGAS SANDS CORP           COM              517834107      807    17600 SH       SOLE                    17600        0        0
LAUDER ESTEE COS INC           CL A             518439104     1086    18200 SH       SOLE                    18200        0        0
LEAR CORP                      COM NEW          521865204     3462    73900 SH       SOLE                    73900        0        0
LENDER PROCESSING SVCS INC     COM              52602E102     8260   335500 SH       SOLE                   335500        0        0
LEVEL 3 COMMUNICATIONS INC     COM NEW          52729N308      790    34500 SH       SOLE                    34500        0        0
LEXMARK INTL NEW               CL A             529771107     1924    83000 SH       SOLE                    83000        0        0
LIBERTY GLOBAL INC             COM SER A        530555101      352     5600 SH       SOLE                     5600        0        0
LIBERTY INTERACTIVE CORP       LBT VENT COM A   53071M880      448     6600 SH       SOLE                     6600        0        0
LIBERTY MEDIA CORPORATION      LIB CAP COM A    530322106      391     3400 SH       SOLE                     3400        0        0
LIBERTY PPTY TR                SH BEN INT       531172104      303     8800 SH       SOLE                     8800        0        0
LIFE TECHNOLOGIES CORP         COM              53217V109      361     7400 SH       SOLE                     7400        0        0
LILLY ELI & CO                 COM              532457108    23391   474800 SH       SOLE                   474800        0        0
LIONS GATE ENTMNT CORP         COM NEW          535919203     5764   351500 SH       SOLE                   351500        0        0
LIVE NATION ENTERTAINMENT IN   COM              538034109     1132   121500 SH       SOLE                   121500        0        0
LOCKHEED MARTIN CORP           COM              539830109    26777   290200 SH       SOLE                   290200        0        0
LORAL SPACE & COMMUNICATNS I   COM              543881106      328     6000 SH       SOLE                     6000        0        0
LORILLARD INC                  COM              544147101     5067    43500 SH       SOLE                    43500        0        0
LOUISIANA PAC CORP             COM              546347105    26359  1364300 SH       SOLE                  1364300        0        0
LOWES COS INC                  COM              548661107     1543    43700 SH       SOLE                    43700        0        0
LYONDELLBASELL INDUSTRIES N    SHS - A -        N53745100    14524   254600 SH       SOLE                   254600        0        0
M & T BK CORP                  COM              55261F104      571     5800 SH       SOLE                     5800        0        0
M D C HLDGS INC                COM              552676108     3702   100700 SH       SOLE                   100700        0        0
MACYS INC                      COM              55616P104    18306   469300 SH       SOLE                   469300        0        0
MADISON SQUARE GARDEN CO       CL A             55826P100      815    18400 SH       SOLE                    18400        0        0
MAGELLAN HEALTH SVCS INC       COM NEW          559079207      725    14800 SH       SOLE                    14800        0        0
MAGNA INTL INC                 COM              559222401      566    11474 SH       SOLE                    11474        0        0
MAGNACHIP SEMICONDUCTOR CORP   COM              55933J203      328    20600 SH       SOLE                    20600        0        0
MAINSOURCE FINANCIAL GP INC    COM              56062Y102      241    19000 SH       SOLE                    19000        0        0
MANHATTAN ASSOCS INC           COM              562750109      247     4100 SH       SOLE                     4100        0        0
MANULIFE FINL CORP             COM              56501R106      174    12800 SH       SOLE                    12800        0        0
MARATHON OIL CORP              COM              565849106    19278   629184 SH       SOLE                   629184        0        0
MARATHON PETE CORP             COM              56585A102    61679   979050 SH       SOLE                   979050        0        0
MARKEL CORP                    COM              570535104     1460     3368 SH       SOLE                     3368        0        0
MARKET VECTORS ETF TR          AGRIBUS ETF      57060U605    54801  1038688 SH       SOLE                  1038688        0        0
MARRIOTT INTL INC NEW          CL A             571903202     6719   180263 SH       SOLE                   180263        0        0
MARRIOTT VACATIONS WRLDWDE C   COM              57164Y107     4112    98700 SH       SOLE                    98700        0        0
MARSH & MCLENNAN COS INC       COM              571748102      245     7100 SH       SOLE                     7100        0        0
MASTERCARD INC                 CL A             57636Q104     1464     3000 SH       SOLE                     3000        0        0
MATSON INC                     COM              57686G105      445    18000 SH       SOLE                    18000        0        0
MBIA INC                       COM              55262C100     1009   128600 SH       SOLE                   128600        0        0
MCCORMICK & CO INC             COM NON VTG      579780206      481     7600 SH       SOLE                     7600        0        0
MCDONALDS CORP                 COM              580135101     2424    27700 SH       SOLE                    27700        0        0
MCG CAPITAL CORP               COM              58047P107       58    12500 SH       SOLE                    12500        0        0
MCGRAW HILL COS INC            COM              580645109    17721   324200 SH       SOLE                   324200        0        0
MCKESSON CORP                  COM              58155Q103    22332   230500 SH       SOLE                   230500        0        0
MDC PARTNERS INC               CL A SUB VTG     552697104      550    48700 SH       SOLE                    48700        0        0
MDU RES GROUP INC              COM              552690109     1587    75200 SH       SOLE                    75200        0        0
MEAD JOHNSON NUTRITION CO      COM              582839106      891    13600 SH       SOLE                    13600        0        0
MEADWESTVACO CORP              COM              583334107      296     9500 SH       SOLE                     9500        0        0
MEDASSETS INC                  COM              584045108      778    46400 SH       SOLE                    46400        0        0
MEDIFAST INC                   COM              58470H101      491    18600 SH       SOLE                    18600        0        0
MEDTRONIC INC                  COM              585055106     4589   112600 SH       SOLE                   112600        0        0
MELCO CROWN ENTMT LTD          ADR              585464100     3186   189200 SH       SOLE                   189200        0        0
MERCK & CO INC NEW             COM              58933Y105    18590   455012 SH       SOLE                   455012        0        0
METLIFE INC                    COM              59156R108      693    21300 SH       SOLE                    21300        0        0
METROPCS COMMUNICATIONS INC    COM              591708102      771    77900 SH       SOLE                    77900        0        0
MGE ENERGY INC                 COM              55277P104      418     8200 SH       SOLE                     8200        0        0
MGM RESORTS INTERNATIONAL      COM              552953101     2946   253200 SH       SOLE                   253200        0        0
MICRON TECHNOLOGY INC          COM              595112103    25108  3954200 SH       SOLE                  3954200        0        0
MICROSOFT CORP                 COM              594918104    54104  2025300 SH       SOLE                  2025300        0        0
MIDSTATES PETE CO INC          COM              59804T100      291    42200 SH       SOLE                    42200        0        0
MOBILE TELESYSTEMS OJSC        SPONSORED ADR    607409109      718    39000 SH       SOLE                    39000        0        0
MOHAWK INDS INC                COM              608190104     2063    22800 SH       SOLE                    22800        0        0
MOLINA HEALTHCARE INC          COM              60855R100     3333   123200 SH       SOLE                   123200        0        0
MONDELEZ INTL INC              CL A             609207105     2353    93070 SH       SOLE                    93070        0        0
MONSANTO CO NEW                COM              61166W101    32515   343844 SH       SOLE                   343844        0        0
MONSTER BEVERAGE CORP          COM              611740101      503     9600 SH       SOLE                     9600        0        0
MOODYS CORP                    COM              615369105    22519   447500 SH       SOLE                   447500        0        0
MORGAN STANLEY                 COM NEW          617446448     1239    65368 SH       SOLE                    65368        0        0
MOSAIC CO NEW                  COM              61945C103     1353    24200 SH       SOLE                    24200        0        0
MOVADO GROUP INC               COM              624580106      519    16900 SH       SOLE                    16900        0        0
MRC GLOBAL INC                 COM              55345K103     2575    92700 SH       SOLE                    92700        0        0
MTR GAMING GROUP INC           COM              553769100       81    19500 SH       SOLE                    19500        0        0
MUELLER WTR PRODS INC          COM SER A        624758108     1626   289800 SH       SOLE                   289800        0        0
MURPHY OIL CORP                COM              626717102     5125    86100 SH       SOLE                    86100        0        0
MYLAN INC                      COM              628530107     9703   353300 SH       SOLE                   353300        0        0
MYRIAD GENETICS INC            COM              62855J104      398    14600 SH       SOLE                    14600        0        0
NACCO INDS INC                 CL A             629579103     1943    32000 SH       SOLE                    32000        0        0
NATIONAL OILWELL VARCO INC     COM              637071101      815    12083 SH       SOLE                    12083        0        0
NCI BUILDING SYS INC           COM NEW          628852204      402    28900 SH       SOLE                    28900        0        0
NEENAH PAPER INC               COM              640079109      535    18800 SH       SOLE                    18800        0        0
NETSCOUT SYS INC               COM              64115T104      603    23200 SH       SOLE                    23200        0        0
NETSPEND HLDGS INC             COM              64118V106      902    76300 SH       SOLE                    76300        0        0
NEWELL RUBBERMAID INC          COM              651229106      470    21100 SH       SOLE                    21100        0        0
NEWMARKET CORP                 COM              651587107      551     2100 SH       SOLE                     2100        0        0
NEWMONT MINING CORP            COM              651639106     1514    32900 SH       SOLE                    32900        0        0
NEWS CORP                      CL A             65248E104     2985   117694 SH       SOLE                   117694        0        0
NEWS CORP                      CL B             65248E203      703    26901 SH       SOLE                    26901        0        0
NEXEN INC                      COM              65334H102      589    22200 SH       SOLE                    22200        0        0
NEXTERA ENERGY INC             COM              65339F101     5054    73500 SH       SOLE                    73500        0        0
NII HLDGS INC                  CL B NEW         62913F201     1517   212700 SH       SOLE                   212700        0        0
NIKE INC                       CL B             654106103      951    18600 SH       SOLE                    18600        0        0
NISOURCE INC                   COM              65473P105     4009   161500 SH       SOLE                   161500        0        0
NOBLE ENERGY INC               COM              655044105      809     8000 SH       SOLE                     8000        0        0
NORFOLK SOUTHERN CORP          COM              655844108      311     5100 SH       SOLE                     5100        0        0
NORTEK INC                     COM NEW          656559309      695    10500 SH       SOLE                    10500        0        0
NORTHEAST UTILS                COM              664397106     2616    67379 SH       SOLE                    67379        0        0
NORTHERN TR CORP               COM              665859104      391     7800 SH       SOLE                     7800        0        0
NORTHROP GRUMMAN CORP          COM              666807102    45989   680600 SH       SOLE                   680600        0        0
NORTHSTAR RLTY FIN CORP        COM              66704R100     4769   677500 SH       SOLE                   677500        0        0
NOVO-NORDISK A S               ADR              670100205    26668   163400 SH       SOLE                   163400        0        0
NRG ENERGY INC                 COM NEW          629377508     5738   250090 SH       SOLE                   250090        0        0
NU SKIN ENTERPRISES INC        CL A             67018T105      219     5900 SH       SOLE                     5900        0        0
NUCOR CORP                     COM              670346105      948    22300 SH       SOLE                    22300        0        0
NV ENERGY INC                  COM              67073Y106     6037   332800 SH       SOLE                   332800        0        0
OCCIDENTAL PETE CORP DEL       COM              674599105     3118    41000 SH       SOLE                    41000        0        0
OCWEN FINL CORP                COM NEW          675746309     1328    38400 SH       SOLE                    38400        0        0
OFFICE DEPOT INC               COM              676220106      245    74800 SH       SOLE                    74800        0        0
OGE ENERGY CORP                COM              670837103     1487    26600 SH       SOLE                    26600        0        0
OMNICARE INC                   COM              681904108      744    20600 SH       SOLE                    20600        0        0
OMNICOM GROUP INC              COM              681919106      693    13900 SH       SOLE                    13900        0        0
OMNOVA SOLUTIONS INC           COM              682129101      552    78900 SH       SOLE                    78900        0        0
ONEOK INC NEW                  COM              682680103     1672    39400 SH       SOLE                    39400        0        0
ONYX PHARMACEUTICALS INC       COM              683399109    18173   240600 SH       SOLE                   240600        0        0
OPEN TEXT CORP                 COM              683715106     1387    24900 SH       SOLE                    24900        0        0
ORACLE CORP                    COM              68389X105     3744   113128 SH       SOLE                   113128        0        0
OSHKOSH CORP                   COM              688239201    25664   865600 SH       SOLE                   865600        0        0
PACCAR INC                     COM              693718108      258     5700 SH       SOLE                     5700        0        0
PACKAGING CORP AMER            COM              695156109     2932    76200 SH       SOLE                    76200        0        0
PANDORA MEDIA INC              COM              698354107      529    57600 SH       SOLE                    57600        0        0
PANTRY INC                     COM              698657103      434    35800 SH       SOLE                    35800        0        0
PAREXEL INTL CORP              COM              699462107      231     7800 SH       SOLE                     7800        0        0
PARKWAY PPTYS INC              COM              70159Q104      487    34800 SH       SOLE                    34800        0        0
PARTNERRE LTD                  COM              G6852T105     9449   117400 SH       SOLE                   117400        0        0
PDF SOLUTIONS INC              COM              693282105      373    27100 SH       SOLE                    27100        0        0
PENN VA CORP                   COM              707882106     2166   491300 SH       SOLE                   491300        0        0
PENNSYLVANIA RL ESTATE INVT    SH BEN INT       709102107     2847   161400 SH       SOLE                   161400        0        0
PEPCO HOLDINGS INC             COM              713291102     1619    83200 SH       SOLE                    83200        0        0
PEPSICO INC                    COM              713448108    10721   157150 SH       SOLE                   157150        0        0
PERRIGO CO                     COM              714290103      662     6400 SH       SOLE                     6400        0        0
PETROBRAS ARGENTINA S A        SPONS ADR        71646J109       85    17900 SH       SOLE                    17900        0        0
PETSMART INC                   COM              716768106     3793    55500 SH       SOLE                    55500        0        0
PFIZER INC                     COM              717081103    19238   769345 SH       SOLE                   769345        0        0
PG^E CORP                      COM              69331C108     3278    82200 SH       SOLE                    82200        0        0
PHARMACYCLICS INC              COM              716933106     1407    24300 SH       SOLE                    24300        0        0
PHARMERICA CORP                COM              71714F104      580    40700 SH       SOLE                    40700        0        0
PHILIP MORRIS INTL INC         COM              718172109    65137   779300 SH       SOLE                   779300        0        0
PHILLIPS 66                    COM              718546104    56445  1063250 SH       SOLE                  1063250        0        0
PHOTRONICS INC                 COM              719405102     1428   239600 SH       SOLE                   239600        0        0
PILGRIMS PRIDE CORP NEW        COM              72147K108      808   111400 SH       SOLE                   111400        0        0
PINNACLE FINL PARTNERS INC     COM              72346Q104      801    42500 SH       SOLE                    42500        0        0
PINNACLE WEST CAP CORP         COM              723484101     2069    40800 SH       SOLE                    40800        0        0
PIONEER NAT RES CO             COM              723787107      380     3600 SH       SOLE                     3600        0        0
PIPER JAFFRAY COS              COM              724078100      639    19900 SH       SOLE                    19900        0        0
PLUM CREEK TIMBER CO INC       COM              729251108      389     9100 SH       SOLE                     9100        0        0
PNC FINL SVCS GROUP INC        COM              693475105      591    10262 SH       SOLE                    10262        0        0
POLARIS INDS INC               COM              731068102     5698    67700 SH       SOLE                    67700        0        0
POPULAR INC                    COM NEW          733174700     4552   218900 SH       SOLE                   218900        0        0
POST HLDGS INC                 COM              737446104      302     8800 SH       SOLE                     8800        0        0
POST PPTYS INC                 COM              737464107     2368    47400 SH       SOLE                    47400        0        0
POTASH CORP SASK INC           COM              73755L107     2268    56100 SH       SOLE                    56100        0        0
POTLATCH CORP NEW              COM              737630103     1430    36500 SH       SOLE                    36500        0        0
POZEN INC                      COM              73941U102      803   160300 SH       SOLE                   160300        0        0
PPG INDS INC                   COM              693506107     4193    31100 SH       SOLE                    31100        0        0
PPL CORP                       COM              69351T106     3525   124100 SH       SOLE                   124100        0        0
PRAXAIR INC                    COM              74005P104     2745    25300 SH       SOLE                    25300        0        0
PRECISION CASTPARTS CORP       COM              740189105      296     1600 SH       SOLE                     1600        0        0
PRICE T ROWE GROUP INC         COM              74144T108    37833   580900 SH       SOLE                   580900        0        0
PRICELINE COM INC              COM NEW          741503403     5892     9500 SH       SOLE                     9500        0        0
PRIVATEBANCORP INC             COM              742962103     2448   159800 SH       SOLE                   159800        0        0
PROCTER & GAMBLE CO            COM              742718109    81586  1202630 SH       SOLE                  1202630        0        0
PROGRESSIVE CORP OHIO          COM              743315103     9001   426600 SH       SOLE                   426600        0        0
PRUDENTIAL FINL INC            COM              744320102      522     9900 SH       SOLE                     9900        0        0
PUBLIC STORAGE                 COM              74460D109      695     4800 SH       SOLE                     4800        0        0
PUBLIC SVC ENTERPRISE GROUP    COM              744573106     3023    99500 SH       SOLE                    99500        0        0
PULTE GROUP INC                COM              745867101     4824   265600 SH       SOLE                   265600        0        0
QEP RES INC                    COM              74733V100      269     8900 SH       SOLE                     8900        0        0
QIAGEN NV                      REG SHS          N72482107     1121    62296 SH       SOLE                    62296        0        0
QUAD / GRAPHICS INC            COM CL A         747301109     1331    65300 SH       SOLE                    65300        0        0
QUALCOMM INC                   COM              747525103    50725   818200 SH       SOLE                   818200        0        0
QUANTA SVCS INC                COM              74762E102     3891   142600 SH       SOLE                   142600        0        0
QUEST DIAGNOSTICS INC          COM              74834L100      857    14800 SH       SOLE                    14800        0        0
RAMBUS INC DEL                 COM              750917106     1153   236200 SH       SOLE                   236200        0        0
RAYMOND JAMES FINANCIAL INC    COM              754730109      347     9000 SH       SOLE                     9000        0        0
RAYTHEON CO                    COM NEW          755111507    36628   636400 SH       SOLE                   636400        0        0
REGENERON PHARMACEUTICALS      COM              75886F107     5609    32800 SH       SOLE                    32800        0        0
RENAISSANCERE HOLDINGS LTD     COM              G7496G103      284     3500 SH       SOLE                     3500        0        0
REPUBLIC AWYS HLDGS INC        COM              760276105     1155   203300 SH       SOLE                   203300        0        0
RESEARCH IN MOTION LTD         COM              760975102    39753  3347200 SH       SOLE                  3347200        0        0
RESMED INC                     COM              761152107     1651    39700 SH       SOLE                    39700        0        0
RESOLUTE FST PRODS INC         COM              76117W109      167    12600 SH       SOLE                    12600        0        0
REYNOLDS AMERICAN INC          COM              761713106      500    12200 SH       SOLE                    12200        0        0
RF MICRODEVICES INC            COM              749941100     2782   620900 SH       SOLE                   620900        0        0
ROGERS COMMUNICATIONS INC      CL B             775109200     5969   132400 SH       SOLE                   132400        0        0
ROSETTA RESOURCES INC          COM              777779307      204     4500 SH       SOLE                     4500        0        0
ROSS STORES INC                COM              778296103      240     4500 SH       SOLE                     4500        0        0
ROVI CORP                      COM              779376102     1747   113200 SH       SOLE                   113200        0        0
ROYAL BK CDA MONTREAL QUE      COM              780087102     7696   127900 SH       SOLE                   127900        0        0
RYANAIR HLDGS PLC              SPONSORED ADR    783513104     1303    38000 SH       SOLE                    38000        0        0
RYLAND GROUP INC               COM              783764103     5322   145800 SH       SOLE                   145800        0        0
RYMAN HOSPITALITY PPTYS INC    COM              78377T107     3580    93100 SH       SOLE                    93100        0        0
SAFEGUARD SCIENTIFICS INC      COM NEW          786449207      333    22500 SH       SOLE                    22500        0        0
SAIA INC                       COM              78709Y105     1470    63600 SH       SOLE                    63600        0        0
SAIC INC                       COM              78390X101      956    84400 SH       SOLE                    84400        0        0
SALESFORCE COM INC             COM              79466L302      219     1300 SH       SOLE                     1300        0        0
SANDERSON FARMS INC            COM              800013104     5968   125500 SH       SOLE                   125500        0        0
SANDISK CORP                   COM              80004C101    16807   385800 SH       SOLE                   385800        0        0
SANFILIPPO JOHN B & SON INC    COM              800422107      513    28200 SH       SOLE                    28200        0        0
SANOFI                         SPONSORED ADR    80105N105     2919    61600 SH       SOLE                    61600        0        0
SANTARUS INC                   COM              802817304     1588   144600 SH       SOLE                   144600        0        0
SBA COMMUNICATIONS CORP        COM              78388J106     2360    33500 SH       SOLE                    33500        0        0
SCANA CORP NEW                 COM              80589M102     2005    44100 SH       SOLE                    44100        0        0
SCHEIN HENRY INC               COM              806407102      741     9300 SH       SOLE                     9300        0        0
SCHLUMBERGER LTD               COM              806857108     3903    56730 SH       SOLE                    56730        0        0
SCHWAB CHARLES CORP NEW        COM              808513105      414    28800 SH       SOLE                    28800        0        0
SCRIPPS E W CO OHIO            CL A NEW         811054402      644    59500 SH       SOLE                    59500        0        0
SEADRILL LIMITED               SHS              G7945E105     1765    48678 SH       SOLE                    48678        0        0
SEARS HLDGS CORP               COM              812350106      935    22600 SH       SOLE                    22600        0        0
SEMPRA ENERGY                  COM              816851109     3769    53400 SH       SOLE                    53400        0        0
SERVICE CORP INTL              COM              817565104      784    56800 SH       SOLE                    56800        0        0
SHAW COMMUNICATIONS INC        CL B CONV        82028K200      865    38000 SH       SOLE                    38000        0        0
SHERWIN WILLIAMS CO            COM              824348106    13629    88700 SH       SOLE                    88700        0        0
SIGMA ALDRICH CORP             COM              826552101      724    10000 SH       SOLE                    10000        0        0
SILICON LABORATORIES INC       COM              826919102     2052    49100 SH       SOLE                    49100        0        0
SILVER WHEATON CORP            COM              828336107      753    21000 SH       SOLE                    21000        0        0
SIMON PPTY GROUP INC NEW       COM              828806109     3696    23474 SH       SOLE                    23474        0        0
SIRIUS XM RADIO INC            COM              82967N108      494   171800 SH       SOLE                   171800        0        0
SIX FLAGS ENTMT CORP NEW       COM              83001A102    13281   217000 SH       SOLE                   217000        0        0
SKYWEST INC                    COM              830879102      424    34000 SH       SOLE                    34000        0        0
SLM CORP                       COM              78442P106      322    18800 SH       SOLE                    18800        0        0
SMITHFIELD FOODS INC           COM              832248108     1406    65200 SH       SOLE                    65200        0        0
SMUCKER J M CO                 COM NEW          832696405      739     8600 SH       SOLE                     8600        0        0
SOLARWINDS INC                 COM              83416B109    25989   495500 SH       SOLE                   495500        0        0
SONY CORP                      ADR NEW          835699307     4247   379200 SH       SOLE                   379200        0        0
SORL AUTO PTS INC              COM              78461U101       62    24900 SH       SOLE                    24900        0        0
SOUTHERN CO                    COM              842587107     8192   192500 SH       SOLE                   192500        0        0
SOUTHERN COPPER CORP           COM              84265V105     1065    28405 SH       SOLE                    28405        0        0
SOUTHWEST AIRLS CO             COM              844741108     5859   572100 SH       SOLE                   572100        0        0
SOUTHWEST BANCORP INC OKLA     COM              844767103      300    26800 SH       SOLE                    26800        0        0
SOUTHWESTERN ENERGY CO         COM              845467109      839    25200 SH       SOLE                    25200        0        0
SPANISH BROADCASTING SYS INC   CL A NEW         846425833       43    17300 SH       SOLE                    17300        0        0
SPDR SERIES TRUST              BRC CNV SECS ETF 78464A359    44573  1106038 SH       SOLE                  1106038        0        0
SPDR SERIES TRUST              BRC HGH YLD BD   78464A417      696    17109 SH       SOLE                    17109        0        0
SPDR SERIES TRUST              DB INT GVT ETF   78464A490      403     6349 SH       SOLE                     6349        0        0
SPDR SERIES TRUST              BRCLYS INTL ETF  78464A516    21737   356225 SH       SOLE                   356225        0        0
SPECTRA ENERGY CORP            COM              847560109      739    27149 SH       SOLE                    27149        0        0
SPECTRUM BRANDS HLDGS INC      COM              84763R101     1725    38400 SH       SOLE                    38400        0        0
SPRINT NEXTEL CORP             COM SER 1        852061100    56662  9997832 SH       SOLE                  9997832        0        0
ST JUDE MED INC                COM              790849103     1199    33300 SH       SOLE                    33300        0        0
STAGE STORES INC               COM NEW          85254C305     1430    57700 SH       SOLE                    57700        0        0
STARBUCKS CORP                 COM              855244109     7263   135700 SH       SOLE                   135700        0        0
STATE STR CORP                 COM              857477103      947    20300 SH       SOLE                    20300        0        0
STATOIL ASA                    SPONSORED ADR    85771P102    20956   836900 SH       SOLE                   836900        0        0
STEC INC                       COM              784774101      226    45800 SH       SOLE                    45800        0        0
STEWART INFORMATION SVCS COR   COM              860372101     2433    93600 SH       SOLE                    93600        0        0
STRYKER CORP                   COM              863667101     1674    30800 SH       SOLE                    30800        0        0
STURM RUGER & CO INC           COM              864159108      522    11500 SH       SOLE                    11500        0        0
SUNCOR ENERGY INC NEW          COM              867224107     6555   199416 SH       SOLE                   199416        0        0
SUNPOWER CORP                  COM              867652406       71    12700 SH       SOLE                    12700        0        0
SUNSTONE HOTEL INVS INC NEW    COM              867892101     1345   125600 SH       SOLE                   125600        0        0
SUNTRUST BKS INC               COM              867914103     9829   346700 SH       SOLE                   346700        0        0
SURMODICS INC                  COM              868873100     1136    50800 SH       SOLE                    50800        0        0
SUSQUEHANNA BANCSHARES INC P   COM              869099101     4024   383900 SH       SOLE                   383900        0        0
SYKES ENTERPRISES INC          COM              871237103      248    16300 SH       SOLE                    16300        0        0
SYMANTEC CORP                  COM              871503108    30837  1639500 SH       SOLE                  1639500        0        0
SYNOPSYS INC                   COM              871607107      207     6500 SH       SOLE                     6500        0        0
SYPRIS SOLUTIONS INC           COM              871655106      115    29000 SH       SOLE                    29000        0        0
SYSCO CORP                     COM              871829107     1223    39000 SH       SOLE                    39000        0        0
TALISMAN ENERGY INC            COM              87425E103      283    25200 SH       SOLE                    25200        0        0
TARGET CORP                    COM              87612E106     1068    18200 SH       SOLE                    18200        0        0
TASER INTL INC                 COM              87651B104     1538   172100 SH       SOLE                   172100        0        0
TAYLOR CAP GROUP INC           COM              876851106      458    25400 SH       SOLE                    25400        0        0
TECH DATA CORP                 COM              878237106      401     8800 SH       SOLE                     8800        0        0
TECK RESOURCES LTD             CL B             878742204     1112    30900 SH       SOLE                    30900        0        0
TELEFLEX INC                   COM              879369106     1890    26500 SH       SOLE                    26500        0        0
TELEPHONE & DATA SYS INC       COM NEW          879433829     9758   440740 SH       SOLE                   440740        0        0
TELUS CORP                     NON-VTG SHS      87971M202     3181    49300 SH       SOLE                    49300        0        0
TEREX CORP NEW                 COM              880779103    13225   470500 SH       SOLE                   470500        0        0
TESORO CORP                    COM              881609101    67749  1538000 SH       SOLE                  1538000        0        0
TEXAS INSTRS INC               COM              882508104      845    27400 SH       SOLE                    27400        0        0
TEXTRON INC                    COM              883203101     6175   249100 SH       SOLE                   249100        0        0
THE ADT CORPORATION            COM              00101J106      319     6887 SH       SOLE                     6887        0        0
THERMO FISHER SCIENTIFIC INC   COM              883556102     8235   129400 SH       SOLE                   129400        0        0
THOMSON REUTERS CORP           COM              884903105     7894   272017 SH       SOLE                   272017        0        0
THOR INDS INC                  COM              885160101     3204    85600 SH       SOLE                    85600        0        0
THORATEC CORP                  COM NEW          885175307     1471    39200 SH       SOLE                    39200        0        0
TIM HORTONS INC                COM              88706M103      495    10200 SH       SOLE                    10200        0        0
TIME WARNER CABLE INC          COM              88732J207     4095    42279 SH       SOLE                    42279        0        0
TIME WARNER INC                COM NEW          887317303     2768    58266 SH       SOLE                    58266        0        0
TJX COS INC NEW                COM              872540109    39480   930300 SH       SOLE                   930300        0        0
TOLL BROTHERS INC              COM              889478103      391    12100 SH       SOLE                    12100        0        0
TORONTO DOMINION BK ONT        COM NEW          891160509      949    11400 SH       SOLE                    11400        0        0
TOTAL SYS SVCS INC             COM              891906109      458    21400 SH       SOLE                    21400        0        0
TRANSALTA CORP                 COM              89346D107     1715   113800 SH       SOLE                   113800        0        0
TRANSCANADA CORP               COM              89353D107      902    19344 SH       SOLE                    19344        0        0
TRANSOCEAN LTD                 REG SHS          H8817H100     5047   113522 SH       SOLE                   113522        0        0
TRAVELERS COMPANIES INC        COM              89417E109     5006    69801 SH       SOLE                    69801        0        0
TREX CO INC                    COM              89531P105      704    18900 SH       SOLE                    18900        0        0
TRINITY INDS INC               COM              896522109      290     8100 SH       SOLE                     8100        0        0
TRIUMPH GROUP INC NEW          COM              896818101     3265    50000 SH       SOLE                    50000        0        0
TUPPERWARE BRANDS CORP         COM              899896104      237     3700 SH       SOLE                     3700        0        0
TUTOR PERINI CORP              COM              901109108     1009    73700 SH       SOLE                    73700        0        0
TYSON FOODS INC                CL A             902494103    27779  1431900 SH       SOLE                  1431900        0        0
U S AIRWAYS GROUP INC          COM              90341W108    10722   794200 SH       SOLE                   794200        0        0
UBS AG                         SHS NEW          H89231338     1992   128698 SH       SOLE                   128698        0        0
ULTRA PETROLEUM CORP           COM              903914109     1982   109300 SH       SOLE                   109300        0        0
UNION PAC CORP                 COM              907818108     1873    15000 SH       SOLE                    15000        0        0
UNIT CORP                      COM              909218109      253     5600 SH       SOLE                     5600        0        0
UNITED CONTL HLDGS INC         COM              910047109     7649   327200 SH       SOLE                   327200        0        0
UNITED ONLINE INC              COM              911268100       93    16700 SH       SOLE                    16700        0        0
UNITED PARCEL SERVICE INC      CL B             911312106     8543   116000 SH       SOLE                   116000        0        0
UNITED RENTALS INC             COM              911363109     3249    71400 SH       SOLE                    71400        0        0
UNITED TECHNOLOGIES CORP       COM              913017109     1945    23900 SH       SOLE                    23900        0        0
UNITED THERAPEUTICS CORP DEL   COM              91307C102     2094    39200 SH       SOLE                    39200        0        0
UNITEDHEALTH GROUP INC         COM              91324P102    45726   843698 SH       SOLE                   843698        0        0
UNIVERSAL CORP VA              COM              913456109     3344    67000 SH       SOLE                    67000        0        0
UNIVERSAL FST PRODS INC        COM              913543104      232     6100 SH       SOLE                     6100        0        0
URS CORP NEW                   COM              903236107      459    11700 SH       SOLE                    11700        0        0
US BANCORP DEL                 COM NEW          902973304     1223    38500 SH       SOLE                    38500        0        0
USA MOBILITY INC               COM              90341G103      159    13600 SH       SOLE                    13600        0        0
USANA HEALTH SCIENCES INC      COM              90328M107     1692    51400 SH       SOLE                    51400        0        0
VAALCO ENERGY INC              COM NEW          91851C201     2876   332500 SH       SOLE                   332500        0        0
VALEANT PHARMACEUTICALS INTL   COM              91911K102     3706    62700 SH       SOLE                    62700        0        0
VALERO ENERGY CORP NEW         COM              91913Y100    20363   596900 SH       SOLE                   596900        0        0
VALSPAR CORP                   COM              920355104     4081    65400 SH       SOLE                    65400        0        0
VANGUARD BD INDEX FD INC       TOTAL BND MRKT   921937835     7596    90391 SH       SOLE                    90391        0        0
VANGUARD INDEX FDS             TOTAL STK MKT    922908769     7283    99375 SH       SOLE                    99375        0        0
VANGUARD INTL EQUITY INDEX F   FTSE SMCAP ETF   922042718     5271    57918 SH       SOLE                    57918        0        0
VANGUARD INTL EQUITY INDEX F   MSCI EMR MKT ETF 922042858     6850   153850 SH       SOLE                   153850        0        0
VANGUARD STAR FD               VG TL INTL STK F 921909768     4678    99377 SH       SOLE                    99377        0        0
VARIAN MED SYS INC             COM              92220P105      712    10200 SH       SOLE                    10200        0        0
VECTREN CORP                   COM              92240G101      427    14500 SH       SOLE                    14500        0        0
VERIZON COMMUNICATIONS INC     COM              92343V104    62258  1442800 SH       SOLE                  1442800        0        0
VERTEX PHARMACEUTICALS INC     COM              92532F100      665    15900 SH       SOLE                    15900        0        0
VIACOM INC NEW                 CL B             92553P201     1383    26450 SH       SOLE                    26450        0        0
VISA INC                       COM CL A         92826C839    66681   440000 SH       SOLE                   440000        0        0
VISHAY INTERTECHNOLOGY INC     COM              928298108     3280   308500 SH       SOLE                   308500        0        0
VISTEON CORP                   COM NEW          92839U206     2276    42300 SH       SOLE                    42300        0        0
VORNADO RLTY TR                SH BEN INT       929042109      248     3093 SH       SOLE                     3093        0        0
VULCAN MATLS CO                COM              929160109      275     5400 SH       SOLE                     5400        0        0
WABTEC CORP                    COM              929740108      315     3600 SH       SOLE                     3600        0        0
WALGREEN CO                    COM              931422109     2328    63300 SH       SOLE                    63300        0        0
WAL-MART STORES INC            COM              931142103    31417   461100 SH       SOLE                   461100        0        0
WARNER CHILCOTT PLC IRELAND    SHS A            G94368100     2075   172300 SH       SOLE                   172300        0        0
WASTE CONNECTIONS INC          COM              941053100      226     6700 SH       SOLE                     6700        0        0
WASTE MGMT INC DEL             COM              94106L109      216     6400 SH       SOLE                     6400        0        0
WATSON PHARMACEUTICALS INC     COM              942683103     3353    39000 SH       SOLE                    39000        0        0
WELLCARE HEALTH PLANS INC      COM              94946T106     4065    83500 SH       SOLE                    83500        0        0
WELLPOINT INC                  COM              94973V107     8962   147350 SH       SOLE                   147350        0        0
WELLS FARGO & CO NEW           COM              949746101     4409   129759 SH       SOLE                   129759        0        0
WEST PHARMACEUTICAL SVSC INC   COM              955306105      619    11300 SH       SOLE                    11300        0        0
WESTERN REFNG INC              COM              959319104    44797  1589100 SH       SOLE                  1589100        0        0
WESTLAKE CHEM CORP             COM              960413102     2434    30700 SH       SOLE                    30700        0        0
WEYERHAEUSER CO                COM              962166104    63217  2272387 SH       SOLE                  2272387        0        0
WHIRLPOOL CORP                 COM              963320106    34045   334600 SH       SOLE                   334600        0        0
WHITE MTNS INS GROUP LTD       COM              G9618E107      773     1500 SH       SOLE                     1500        0        0
WHOLE FOODS MKT INC            COM              966837106     9819   107600 SH       SOLE                   107600        0        0
WILLIAMS COS INC DEL           COM              969457100     2515    77200 SH       SOLE                    77200        0        0
WILSHIRE BANCORP INC           COM              97186T108      655   111500 SH       SOLE                   111500        0        0
WINDSTREAM CORP                COM              97381W104     1419   172700 SH       SOLE                   172700        0        0
WINTRUST FINANCIAL CORP        COM              97650W108      569    15500 SH       SOLE                    15500        0        0
WISCONSIN ENERGY CORP          COM              976657106     2448    66600 SH       SOLE                    66600        0        0
WISDOMTREE TR                  EM LCL DEBT FD   97717X867    53067   993230 SH       SOLE                   993230        0        0
WPX ENERGY INC                 COM              98212B103     1366    91800 SH       SOLE                    91800        0        0
WYNDHAM WORLDWIDE CORP         COM              98310W108      660    12400 SH       SOLE                    12400        0        0
XCEL ENERGY INC                COM              98389B100     2543    95800 SH       SOLE                    95800        0        0
XL GROUP PLC                   SHS              G98290102     2002    79900 SH       SOLE                    79900        0        0
YAHOO INC                      COM              984332106     1429    71800 SH       SOLE                    71800        0        0
YAMANA GOLD INC                COM              98462Y100      863    50600 SH       SOLE                    50600        0        0
YUM BRANDS INC                 COM              988498101     1690    25600 SH       SOLE                    25600        0        0
ZIMMER HLDGS INC               COM              98956P102     7401   111220 SH       SOLE                   111220        0        0
ZIONS BANCORPORATION           COM              989701107    37486  1751700 SH       SOLE                  1751700        0        0