QS Investors

QS Investors as of March 31, 2013

Portfolio Holdings for QS Investors

QS Investors holds 0 positions in its portfolio as reported in the March 2013 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     1971    18700 SH       SOLE                    18700        0        0
AAON INC                       COM PAR $0.004   000360206      762    27600 SH       SOLE                    27600        0        0
AARONS INC                     COM PAR $0.50    002535300      295    10300 SH       SOLE                    10300        0        0
ABBOTT LABS                    COM              002824100    31628   896400 SH       SOLE                   896400        0        0
ABBVIE INC                     COM              00287Y109     7308   179900 SH       SOLE                   179900        0        0
ABERCROMBIE & FITCH CO         CL A             002896207      319     6900 SH       SOLE                     6900        0        0
ACCENTURE PLC IRELAND          SHS CLASS A      G1151C101     1399    18479 SH       SOLE                    18479        0        0
ACE LTD                        SHS              H0023R105      836     9500 SH       SOLE                     9500        0        0
ACTAVIS INC                    COM              00507K103     3563    38700 SH       SOLE                    38700        0        0
ACTIVISION BLIZZARD INC        COM              00507V109     8340   572400 SH       SOLE                   572400        0        0
ADOBE SYS INC                  COM              00724F101      202     4700 SH       SOLE                     4700        0        0
ADVANCED ENERGY INDS           COM              007973100     2641   144300 SH       SOLE                   144300        0        0
AECOM TECHNOLOGY CORP DELAWA   COM              00766T100      735    22400 SH       SOLE                    22400        0        0
AES CORP                       COM              00130H105     1901   152500 SH       SOLE                   152500        0        0
AETNA INC NEW                  COM              00817Y108    19327   378400 SH       SOLE                   378400        0        0
AFC ENTERPRISES INC            COM              00104Q107     1210    33300 SH       SOLE                    33300        0        0
AFLAC INC                      COM              001055102     7514   144600 SH       SOLE                   144600        0        0
AGILENT TECHNOLOGIES INC       COM              00846U101      790    19100 SH       SOLE                    19100        0        0
AGNICO EAGLE MINES LTD         COM              008474108      455    11100 SH       SOLE                    11100        0        0
AGRIUM INC                     COM              008916108      914     9400 SH       SOLE                     9400        0        0
AIR PRODS & CHEMS INC          COM              009158106     1237    14400 SH       SOLE                    14400        0        0
ALASKA AIR GROUP INC           COM              011659109     8251   129000 SH       SOLE                   129000        0        0
ALBEMARLE CORP                 COM              012653101      268     4400 SH       SOLE                     4400        0        0
ALCOA INC                      COM              013817101      699    83700 SH       SOLE                    83700        0        0
ALEXION PHARMACEUTICALS INC    COM              015351109     3702    40300 SH       SOLE                    40300        0        0
ALLEGIANT TRAVEL CO            COM              01748X102      665     7500 SH       SOLE                     7500        0        0
ALLERGAN INC                   COM              018490102     3299    29800 SH       SOLE                    29800        0        0
ALLIANT ENERGY CORP            COM              018802108     1431    28800 SH       SOLE                    28800        0        0
ALLIANT TECHSYSTEMS INC        COM              018804104     8388   115800 SH       SOLE                   115800        0        0
ALLSTATE CORP                  COM              020002101    73742  1502800 SH       SOLE                  1502800        0        0
ALNYLAM PHARMACEUTICALS INC    COM              02043Q107     3473   142500 SH       SOLE                   142500        0        0
ALON USA ENERGY INC            COM              020520102     5318   279200 SH       SOLE                   279200        0        0
ALTRIA GROUP INC               COM              02209S103    40961  1191900 SH       SOLE                  1191900        0        0
AMAZON COM INC                 COM              023135106     2325     8800 SH       SOLE                     8800        0        0
AMEREN CORP                    COM              023608102    21614   617700 SH       SOLE                   617700        0        0
AMERICAN CAP LTD               COM              02503Y103     4962   340000 SH       SOLE                   340000        0        0
AMERICAN CAPITAL AGENCY CORP   COM              02503X105     8995   274400 SH       SOLE                   274400        0        0
AMERICAN EAGLE OUTFITTERS NE   COM              02553E106     3437   183800 SH       SOLE                   183800        0        0
AMERICAN ELEC PWR INC          COM              025537101     4375    90600 SH       SOLE                    90600        0        0
AMERICAN EXPRESS CO            COM              025816109     4662    69400 SH       SOLE                    69400        0        0
AMERICAN STS WTR CO            COM              029899101      466     8100 SH       SOLE                     8100        0        0
AMERICAN TOWER CORP NEW        COM              03027X100     2245    29300 SH       SOLE                    29300        0        0
AMERICAN VANGUARD CORP         COM              030371108     1928    63100 SH       SOLE                    63100        0        0
AMERICAN WTR WKS CO INC NEW    COM              030420103     3080    74700 SH       SOLE                    74700        0        0
AMERIPRISE FINL INC            COM              03076C106      574     7804 SH       SOLE                     7804        0        0
AMERISOURCEBERGEN CORP         COM              03073E105     9308   181100 SH       SOLE                   181100        0        0
AMGEN INC                      COM              031162100    30114   294120 SH       SOLE                   294120        0        0
AMN HEALTHCARE SERVICES INC    COM              001744101     2780   175600 SH       SOLE                   175600        0        0
AMSURG CORP                    COM              03232P405      679    20200 SH       SOLE                    20200        0        0
ANADARKO PETE CORP             COM              032511107     1267    14700 SH       SOLE                    14700        0        0
ANALOG DEVICES INC             COM              032654105      981    21100 SH       SOLE                    21100        0        0
ANNALY CAP MGMT INC            COM              035710409      197    12400 SH       SOLE                    12400        0        0
AOL INC                        COM              00184X105    49298  1280800 SH       SOLE                  1280800        0        0
APACHE CORP                    COM              037411105      874    11538 SH       SOLE                    11538        0        0
APOGEE ENTERPRISES INC         COM              037598109      877    30300 SH       SOLE                    30300        0        0
APPLE INC                      COM              037833100    22267    50465 SH       SOLE                    50465        0        0
APPLIED MATLS INC              COM              038222105      326    24300 SH       SOLE                    24300        0        0
AQUA AMERICA INC               COM              03836W103      208     6600 SH       SOLE                     6600        0        0
ARBITRON INC                   COM              03875Q108     3497    74600 SH       SOLE                    74600        0        0
ARCHER DANIELS MIDLAND CO      COM              039483102     1358    40750 SH       SOLE                    40750        0        0
ARGAN INC                      COM              04010E109     1052    70600 SH       SOLE                    70600        0        0
ARGO GROUP INTL HLDGS LTD      COM              G0464B107      323     7800 SH       SOLE                     7800        0        0
ASPEN INSURANCE HOLDINGS LTD   SHS              G05384105      764    19800 SH       SOLE                    19800        0        0
ASSOCIATED BANC CORP           COM              045487105      718    47300 SH       SOLE                    47300        0        0
AT^T INC                       COM              00206R102    46642  1280292 SH       SOLE                  1280292        0        0
ATLANTIC TELE NETWORK INC      COM NEW          049079205      233     4800 SH       SOLE                     4800        0        0
ATLANTICUS HLDGS CORP          COM              04914Y102       63    17300 SH       SOLE                    17300        0        0
AUTOMATIC DATA PROCESSING IN   COM              053015103      861    13300 SH       SOLE                    13300        0        0
AUTONATION INC                 COM              05329W102     1128    25800 SH       SOLE                    25800        0        0
AVERY DENNISON CORP            COM              053611109    20735   481400 SH       SOLE                   481400        0        0
AVNET INC                      COM              053807103     6364   175800 SH       SOLE                   175800        0        0
AVON PRODS INC                 COM              054303102    11719   565300 SH       SOLE                   565300        0        0
AVX CORP NEW                   COM              002444107      745    62600 SH       SOLE                    62600        0        0
AXIS CAPITAL HOLDINGS INV      SHS              G0692U109      762    18300 SH       SOLE                    18300        0        0
AZZ INC                        COM              002474104      463     9600 SH       SOLE                     9600        0        0
BAKER HUGHES INC               COM              057224107      810    17661 SH       SOLE                    17661        0        0
BALL CORP                      COM              058498106      309     6500 SH       SOLE                     6500        0        0
BANK MONTREAL QUE              COM              063671101      745    11952 SH       SOLE                    11952        0        0
BANK MUTUAL CORP NEW           COM              063750103       58    10500 SH       SOLE                    10500        0        0
BANK NEW YORK MELLON CORP      COM              064058100      975    35260 SH       SOLE                    35260        0        0
BANK NOVA SCOTIA HALIFAX       COM              064149107     3161    54452 SH       SOLE                    54452        0        0
BANK OF AMERICA CORPORATION    COM              060505104    57875  4754256 SH       SOLE                  4754256        0        0
BANKUNITED INC                 COM              06652K103     3232   126200 SH       SOLE                   126200        0        0
BANNER CORP                    COM NEW          06652V208      700    22000 SH       SOLE                    22000        0        0
BARD C R INC                   COM              067383109      798     8000 SH       SOLE                     8000        0        0
BARRETT BUSINESS SERVICES IN   COM              068463108      837    15900 SH       SOLE                    15900        0        0
BARRICK GOLD CORP              COM              067901108     1670    57131 SH       SOLE                    57131        0        0
BAXTER INTL INC                COM              071813109     3610    50100 SH       SOLE                    50100        0        0
BB^T CORP                      COM              054937107      375    12100 SH       SOLE                    12100        0        0
BCE INC                        COM NEW          05534B760     3608    77749 SH       SOLE                    77749        0        0
BEAM INC                       COM              073730103      638    10200 SH       SOLE                    10200        0        0
BECTON DICKINSON & CO          COM              075887109     2088    22100 SH       SOLE                    22100        0        0
BEMIS INC                      COM              081437105     4928   122100 SH       SOLE                   122100        0        0
BERKLEY W R CORP               COM              084423102     3115    70200 SH       SOLE                    70200        0        0
BERKSHIRE HATHAWAY INC DEL     CL B NEW         084670702     7365    70820 SH       SOLE                    70820        0        0
BEST BUY INC                   COM              086516101     1644    74200 SH       SOLE                    74200        0        0
BIOGEN IDEC INC                COM              09062X103    28436   147525 SH       SOLE                   147525        0        0
BLACK HILLS CORP               COM              092113109      595    13500 SH       SOLE                    13500        0        0
BLACKROCK INC                  COM              09247X101     1194     4700 SH       SOLE                     4700        0        0
BLOCK H & R INC                COM              093671105    17872   607500 SH       SOLE                   607500        0        0
BOEING CO                      COM              097023105    64298   749100 SH       SOLE                   749100        0        0
BON-TON STORES INC             COM              09776J101      949    73000 SH       SOLE                    73000        0        0
BOOZ ALLEN HAMILTON HLDG COR   CL A             099502106     1967   146300 SH       SOLE                   146300        0        0
BOSTON SCIENTIFIC CORP         COM              101137107     1003   129467 SH       SOLE                   129467        0        0
BRISTOL MYERS SQUIBB CO        COM              110122108     4324   105600 SH       SOLE                   105600        0        0
BROCADE COMMUNICATIONS SYS I   COM NEW          111621306     3334   577800 SH       SOLE                   577800        0        0
BROOKFIELD ASSET MGMT INC      CL A LTD VT SH   112585104      343     9377 SH       SOLE                     9377        0        0
BROWN FORMAN CORP              CL B             115637209      437     6212 SH       SOLE                     6212        0        0
BROWN SHOE INC NEW             COM              115736100     4042   252600 SH       SOLE                   252600        0        0
BUILD A BEAR WORKSHOP          COM              120076104      137    25500 SH       SOLE                    25500        0        0
BUNGE LIMITED                  COM              G16962105      640     8700 SH       SOLE                     8700        0        0
CA INC                         COM              12673P105     4674   185700 SH       SOLE                   185700        0        0
CADENCE DESIGN SYSTEM INC      COM              127387108     2820   202400 SH       SOLE                   202400        0        0
CAL MAINE FOODS INC            COM NEW          128030202      941    22100 SH       SOLE                    22100        0        0
CALPINE CORP                   COM NEW          131347304     1586    77700 SH       SOLE                    77700        0        0
CAMBREX CORP                   COM              132011107     2465   192738 SH       SOLE                   192738        0        0
CAMERON INTERNATIONAL CORP     COM              13342B105      705    10900 SH       SOLE                    10900        0        0
CAMPBELL SOUP CO               COM              134429109     5755   127000 SH       SOLE                   127000        0        0
CANADIAN NAT RES LTD           COM              136385101     1902    59600 SH       SOLE                    59600        0        0
CANADIAN NATL RY CO            COM              136375102     1879    18900 SH       SOLE                    18900        0        0
CANADIAN PAC RY LTD            COM              13645T100      861     6700 SH       SOLE                     6700        0        0
CAPITAL ONE FINL CORP          COM              14040H105      791    14561 SH       SOLE                    14561        0        0
CARDINAL HEALTH INC            COM              14149Y108     2184    52700 SH       SOLE                    52700        0        0
CAREFUSION CORP                COM              14170T101      890    25600 SH       SOLE                    25600        0        0
CATAMARAN CORP                 COM              148887102     2613    49700 SH       SOLE                    49700        0        0
CATERPILLAR INC DEL            COM              149123101     1145    13400 SH       SOLE                    13400        0        0
CBEYOND INC                    COM              149847105      729    98100 SH       SOLE                    98100        0        0
CBL & ASSOC PPTYS INC          COM              124830100     4336   183700 SH       SOLE                   183700        0        0
CBRE GROUP INC                 CL A             12504L109     3323   131600 SH       SOLE                   131600        0        0
CBS CORP NEW                   CL B             124857202     1456    31550 SH       SOLE                    31550        0        0
CDN IMPERIAL BK OF COMMERCE    COM              136069101      627     8020 SH       SOLE                     8020        0        0
CELANESE CORP DEL              COM SER A        150870103      518    12000 SH       SOLE                    12000        0        0
CELGENE CORP                   COM              151020104    52043   449200 SH       SOLE                   449200        0        0
CENOVUS ENERGY INC             COM              15135U109      655    21326 SH       SOLE                    21326        0        0
CENTERPOINT ENERGY INC         COM              15189T107     2189    92100 SH       SOLE                    92100        0        0
CENTURYLINK INC                COM              156700106     4641   133164 SH       SOLE                   133164        0        0
CERNER CORP                    COM              156782104     1824    19400 SH       SOLE                    19400        0        0
CF INDS HLDGS INC              COM              125269100    28887   151800 SH       SOLE                   151800        0        0
CHARLES RIV LABS INTL INC      COM              159864107      602    13600 SH       SOLE                    13600        0        0
CHECKPOINT SYS INC             COM              162825103      138    10600 SH       SOLE                    10600        0        0
CHEMED CORP NEW                COM              16359R103      584     7300 SH       SOLE                     7300        0        0
CHEVRON CORP NEW               COM              166764100    72122   607497 SH       SOLE                   607497        0        0
CHICAGO BRIDGE & IRON CO N V   N Y REGISTRY SH  167250109    10054   161905 SH       SOLE                   161905        0        0
CHUBB CORP                     COM              171232101    31914   364600 SH       SOLE                   364600        0        0
CHURCH & DWIGHT INC            COM              171340102      745    11600 SH       SOLE                    11600        0        0
CIGNA CORPORATION              COM              125509109    72223  1158140 SH       SOLE                  1158140        0        0
CINCINNATI FINL CORP           COM              172062101    23774   503800 SH       SOLE                   503800        0        0
CISCO SYS INC                  COM              17275R102    44662  2136900 SH       SOLE                  2136900        0        0
CIT GROUP INC                  COM NEW          125581801     2360    54300 SH       SOLE                    54300        0        0
CITIGROUP INC                  COM NEW          172967424    36150   817901 SH       SOLE                   817901        0        0
CITIZENS REPUBLIC BANCORP IN   COM NEW          174420307     1481    65700 SH       SOLE                    65700        0        0
CLAYMORE EXCHANGE TRD FD TR    GUGG S^P GBL WTR 18383Q507     4407   181201 SH       SOLE                   181201        0        0
CLOROX CO DEL                  COM              189054109     7829    88500 SH       SOLE                    88500        0        0
CME GROUP INC                  COM              12572Q105      486     7950 SH       SOLE                     7950        0        0
CMS ENERGY CORP                COM              125896100     2732    98700 SH       SOLE                    98700        0        0
CNO FINL GROUP INC             COM              12621E103      523    45700 SH       SOLE                    45700        0        0
CNOOC LTD                      SPONSORED ADR    126132109      478     2500 SH       SOLE                     2500        0        0
COACH INC                      COM              189754104      264     5300 SH       SOLE                     5300        0        0
COCA COLA CO                   COM              191216100     7631   190000 SH       SOLE                   190000        0        0
COCA COLA ENTERPRISES INC NE   COM              19122T109      899    24400 SH       SOLE                    24400        0        0
COGNIZANT TECHNOLOGY SOLUTIO   CL A             192446102     1714    22400 SH       SOLE                    22400        0        0
COLGATE PALMOLIVE CO           COM              194162103     7449    63300 SH       SOLE                    63300        0        0
COMCAST CORP NEW               CL A             20030N101    77620  1848358 SH       SOLE                  1848358        0        0
COMCAST CORP NEW               CL A SPL         20030N200    20615   520550 SH       SOLE                   520550        0        0
COMMERCIAL METALS CO           COM              201723103      295    18600 SH       SOLE                    18600        0        0
COMMUNITY HEALTH SYS INC NEW   COM              203668108      905    19100 SH       SOLE                    19100        0        0
COMPANHIA DE BEBIDAS DAS AME   SPON ADR PFD     20441W203     7734   182700 SH       SOLE                   182700        0        0
COMPANIA DE MINAS BUENAVENTU   SPONSORED ADR    204448104      726    28500 SH       SOLE                    28500        0        0
COMPUTER SCIENCES CORP         COM              205363104    68518  1391800 SH       SOLE                  1391800        0        0
COMTECH TELECOMMUNICATIONS C   COM NEW          205826209     1603    66000 SH       SOLE                    66000        0        0
CONAGRA FOODS INC              COM              205887102     2048    57300 SH       SOLE                    57300        0        0
CONCURRENT COMPUTER CORP NEW   COM PAR $.01     206710402      240    30300 SH       SOLE                    30300        0        0
CONOCOPHILLIPS                 COM              20825C104     7250   121100 SH       SOLE                   121100        0        0
CONSOLIDATED EDISON INC        COM              209115104    14321   235000 SH       SOLE                   235000        0        0
CONVERGYS CORP                 COM              212485106      964    56600 SH       SOLE                    56600        0        0
CON-WAY INC                    COM              205944101      676    19200 SH       SOLE                    19200        0        0
COOPER TIRE & RUBR CO          COM              216831107     7490   291900 SH       SOLE                   291900        0        0
COPA HOLDINGS SA               CL A             P31076105     1663    13900 SH       SOLE                    13900        0        0
CORELOGIC INC                  COM              21871D103    34567  1336700 SH       SOLE                  1336700        0        0
CORRECTIONS CORP AMER NEW      COM NEW          22025Y407     3063    78400 SH       SOLE                    78400        0        0
COSTCO WHSL CORP NEW           COM              22160K105    48427   456600 SH       SOLE                   456600        0        0
COVANCE INC                    COM              222816100    16663   224200 SH       SOLE                   224200        0        0
COVENTRY HEALTH CARE INC       COM              222862104     2222    47300 SH       SOLE                    47300        0        0
COVIDIEN PLC                   SHS              G2554F113     3186    47375 SH       SOLE                    47375        0        0
CREDICORP LTD                  COM              G2519Y108      382     2300 SH       SOLE                     2300        0        0
CREE INC                       COM              225447101     2835    51800 SH       SOLE                    51800        0        0
CROWN CASTLE INTL CORP         COM              228227104     4406    63700 SH       SOLE                    63700        0        0
CSG SYS INTL INC               COM              126349109     3679   173600 SH       SOLE                   173600        0        0
CSX CORP                       COM              126408103      410    16900 SH       SOLE                    16900        0        0
CUMMINS INC                    COM              231021106      466     4100 SH       SOLE                     4100        0        0
CVR ENERGY INC                 COM              12662P108    14609   283000 SH       SOLE                   283000        0        0
CVS CAREMARK CORPORATION       COM              126650100    32995   600629 SH       SOLE                   600629        0        0
CYTEC INDS INC                 COM              232820100      622     8400 SH       SOLE                     8400        0        0
DANAHER CORP DEL               COM              235851102    14167   228200 SH       SOLE                   228200        0        0
DAVITA HEALTHCARE PARTNERS I   COM              23918K108     1034     8800 SH       SOLE                     8800        0        0
DEERE & CO                     COM              244199105      924    10900 SH       SOLE                    10900        0        0
DELEK US HLDGS INC             COM              246647101     8645   219100 SH       SOLE                   219100        0        0
DELTA AIR LINES INC DEL        COM NEW          247361702    28949  1753400 SH       SOLE                  1753400        0        0
DENTSPLY INTL INC NEW          COM              249030107      681    16200 SH       SOLE                    16200        0        0
DEVON ENERGY CORP NEW          COM              25179M103      689    12400 SH       SOLE                    12400        0        0
DIAGEO P L C                   SPON ADR NEW     25243Q205    11024    87600 SH       SOLE                    87600        0        0
DIGITALGLOBE INC               COM NEW          25389M877     2252    77900 SH       SOLE                    77900        0        0
DILLARDS INC                   CL A             254067101    16975   216090 SH       SOLE                   216090        0        0
DIRECTV                        COM              25490A309     1813    32379 SH       SOLE                    32379        0        0
DISCOVER FINL SVCS             COM              254709108    73449  1638100 SH       SOLE                  1638100        0        0
DISCOVERY COMMUNICATNS NEW     COM SER A        25470F104     5868    74550 SH       SOLE                    74550        0        0
DISNEY WALT CO                 COM DISNEY       254687106    16777   295900 SH       SOLE                   295900        0        0
DOMINION RES INC VA NEW        COM              25746U109     5394    93300 SH       SOLE                    93300        0        0
DOMTAR CORP                    COM NEW          257559203      761     9800 SH       SOLE                     9800        0        0
DONNELLEY R R & SONS CO        COM              257867101      642    53300 SH       SOLE                    53300        0        0
DOW CHEM CO                    COM              260543103     2719    86400 SH       SOLE                    86400        0        0
DR PEPPER SNAPPLE GROUP INC    COM              26138E109      226     4850 SH       SOLE                     4850        0        0
DTE ENERGY CO                  COM              233331107     6392    93700 SH       SOLE                    93700        0        0
DU PONT E I DE NEMOURS & CO    COM              263534109     2994    61700 SH       SOLE                    61700        0        0
DUKE ENERGY CORP NEW           COM NEW          26441C204     9067   125887 SH       SOLE                   125887        0        0
DUKE REALTY CORP               COM NEW          264411505     1166    70200 SH       SOLE                    70200        0        0
DXP ENTERPRISES INC NEW        COM NEW          233377407      859    11500 SH       SOLE                    11500        0        0
E M C CORP MASS                COM              268648102     1491    62900 SH       SOLE                    62900        0        0
EAGLE MATERIALS INC            COM              26969P108      746    11200 SH       SOLE                    11200        0        0
EARTHLINK INC                  COM              270321102      171    31600 SH       SOLE                    31600        0        0
EAST WEST BANCORP INC          COM              27579R104      408    15900 SH       SOLE                    15900        0        0
EASTMAN CHEM CO                COM              277432100      681     9900 SH       SOLE                     9900        0        0
EATON CORP PLC                 SHS              G29183103     9988   163064 SH       SOLE                   163064        0        0
EATON VANCE CORP               COM NON VTG      278265103     2916    69700 SH       SOLE                    69700        0        0
EBAY INC                       COM              278642103    60268  1111800 SH       SOLE                  1111800        0        0
ECHOSTAR CORP                  CL A             278768106      327     8400 SH       SOLE                     8400        0        0
ECOLAB INC                     COM              278865100     1151    14600 SH       SOLE                    14600        0        0
EDISON INTL                    COM              281020107     4159    83100 SH       SOLE                    83100        0        0
EDWARDS LIFESCIENCES CORP      COM              28176E108      790     9700 SH       SOLE                     9700        0        0
ELDORADO GOLD CORP NEW         COM              284902103      326    34200 SH       SOLE                    34200        0        0
EMERSON ELEC CO                COM              291011104     1115    20200 SH       SOLE                    20200        0        0
ENBRIDGE INC                   COM              29250N105     1284    27820 SH       SOLE                    27820        0        0
ENCANA CORP                    COM              292505104      381    19926 SH       SOLE                    19926        0        0
ENERGYSOLUTIONS INC            COM              292756202      347    92400 SH       SOLE                    92400        0        0
ENGILITY HLDGS INC             COM              29285W104      988    41200 SH       SOLE                    41200        0        0
ENSCO PLC                      SHS CLASS A      G3157S106      402     6700 SH       SOLE                     6700        0        0
ENTERGY CORP NEW               COM              29364G103     2075    33100 SH       SOLE                    33100        0        0
EOG RES INC                    COM              26875P101     1288    10200 SH       SOLE                    10200        0        0
EPL OIL & GAS INC              COM              26883D108      794    29600 SH       SOLE                    29600        0        0
ERICSSON                       ADR B SEK 10     294821608    12456   988600 SH       SOLE                   988600        0        0
EVEREST RE GROUP LTD           COM              G3223R108     7286    56100 SH       SOLE                    56100        0        0
EXELIS INC                     COM              30162A108     1068    98100 SH       SOLE                    98100        0        0
EXELON CORP                    COM              30161N101     5966   174253 SH       SOLE                   174253        0        0
EXPEDIA INC DEL                COM NEW          30212P303    36161   602600 SH       SOLE                   602600        0        0
EXPRESS SCRIPTS HLDG CO        COM              30219G108     4332    75737 SH       SOLE                    75737        0        0
EXTERRAN HLDGS INC             COM              30225X103     7980   295500 SH       SOLE                   295500        0        0
EXXON MOBIL CORP               COM              30231G102    47160   524511 SH       SOLE                   524511        0        0
F M C CORP                     COM NEW          302491303      274     4900 SH       SOLE                     4900        0        0
FACEBOOK INC                   CL A             30303M102      622    24600 SH       SOLE                    24600        0        0
FEDEX CORP                     COM              31428X106      844     8720 SH       SOLE                     8720        0        0
FIDELITY NATIONAL FINANCIAL    CL A             31620R105    23343   925200 SH       SOLE                   925200        0        0
FIRST AMERN FINL CORP          COM              31847R102    26777  1047200 SH       SOLE                  1047200        0        0
FIRST FINL HLDGS INC           COM              320239106     1168    55700 SH       SOLE                    55700        0        0
FIRST MERCHANTS CORP           COM              320817109     1084    70100 SH       SOLE                    70100        0        0
FIRST NIAGARA FINL GP INC      COM              33582V108      707    79800 SH       SOLE                    79800        0        0
FIRST SOLAR INC                COM              336433107    21781   807900 SH       SOLE                   807900        0        0
FIRSTENERGY CORP               COM              337932107     3242    77429 SH       SOLE                    77429        0        0
FISERV INC                     COM              337738108      482     5500 SH       SOLE                     5500        0        0
FLEXTRONICS INTL LTD           ORD              Y2573F102      341    50400 SH       SOLE                    50400        0        0
FLOWERS FOODS INC              COM              343498101     2546    77300 SH       SOLE                    77300        0        0
FMC TECHNOLOGIES INC           COM              30249U101      314     5800 SH       SOLE                     5800        0        0
FOOT LOCKER INC                COM              344849104     2811    82100 SH       SOLE                    82100        0        0
FORD MTR CO DEL                COM PAR $0.01    345370860      790    60962 SH       SOLE                    60962        0        0
FOREST CITY ENTERPRISES INC    CL A             345550107      224    12600 SH       SOLE                    12600        0        0
FOREST LABS INC                COM              345838106      803    21300 SH       SOLE                    21300        0        0
FORMFACTOR INC                 COM              346375108      248    52700 SH       SOLE                    52700        0        0
FRANCO NEVADA CORP             COM              351858105      242     5400 SH       SOLE                     5400        0        0
FRANKLIN RES INC               COM              354613101     8876    58900 SH       SOLE                    58900        0        0
FREEPORT-MCMORAN COPPER & GO   COM              35671D857     1836    56146 SH       SOLE                    56146        0        0
FREIGHTCAR AMER INC            COM              357023100     1355    62100 SH       SOLE                    62100        0        0
FRONTIER COMMUNICATIONS CORP   COM              35906A108      773   195994 SH       SOLE                   195994        0        0
GAMESTOP CORP NEW              CL A             36467W109    28325  1012700 SH       SOLE                  1012700        0        0
GANNETT INC                    COM              364730101    17743   811300 SH       SOLE                   811300        0        0
GAP INC DEL                    COM              364760108    36926  1043100 SH       SOLE                  1043100        0        0
GENERAC HLDGS INC              COM              368736104     3177    89900 SH       SOLE                    89900        0        0
GENERAL DYNAMICS CORP          COM              369550108      418     6000 SH       SOLE                     6000        0        0
GENERAL ELECTRIC CO            COM              369604103    10078   437874 SH       SOLE                   437874        0        0
GENERAL GROWTH PPTYS INC NEW   COM              370023103      330    16600 SH       SOLE                    16600        0        0
GENERAL MLS INC                COM              370334104     1845    37800 SH       SOLE                    37800        0        0
GENERAL MTRS CO                COM              37045V100      261     9400 SH       SOLE                     9400        0        0
GENTIVA HEALTH SERVICES INC    COM              37247A102      821    75900 SH       SOLE                    75900        0        0
GEO GROUP INC                  COM              36159R103     3028    80500 SH       SOLE                    80500        0        0
G-III APPAREL GROUP LTD        COM              36237H101      217     5400 SH       SOLE                     5400        0        0
GILDAN ACTIVEWEAR INC          COM              375916103      212     5300 SH       SOLE                     5300        0        0
GILEAD SCIENCES INC            COM              375558103     4045    83300 SH       SOLE                    83300        0        0
GLOBAL CASH ACCESS HLDGS INC   COM              378967103     1151   163200 SH       SOLE                   163200        0        0
GOLDCORP INC NEW               COM              380956409     1422    42383 SH       SOLE                    42383        0        0
GOLDMAN SACHS GROUP INC        COM              38141G104     6440    43890 SH       SOLE                    43890        0        0
GOODYEAR TIRE & RUBR CO        COM              382550101      588    46600 SH       SOLE                    46600        0        0
GOOGLE INC                     CL A             38259P508     5041     6390 SH       SOLE                     6390        0        0
GRAPHIC PACKAGING HLDG CO      COM              388689101      142    19000 SH       SOLE                    19000        0        0
GROUPE CGI INC                 CL A SUB VTG     39945C109     2136    78900 SH       SOLE                    78900        0        0
GROUPON INC                    COM CL A         399473107      450    73600 SH       SOLE                    73600        0        0
HALLIBURTON CO                 COM              406216101     1221    30600 SH       SOLE                    30600        0        0
HANESBRANDS INC                COM              410345102     4415    96900 SH       SOLE                    96900        0        0
HARRIS CORP DEL                COM              413875105      440     9500 SH       SOLE                     9500        0        0
HAWAIIAN HOLDINGS INC          COM              419879101     1321   229300 SH       SOLE                   229300        0        0
HCA HOLDINGS INC               COM              40412C101      403    10000 SH       SOLE                    10000        0        0
HCP INC                        COM              40414L109      581    11800 SH       SOLE                    11800        0        0
HEADWATERS INC                 COM              42210P102      164    15000 SH       SOLE                    15000        0        0
HEALTH MGMT ASSOC INC NEW      CL A             421933102     1133    88100 SH       SOLE                    88100        0        0
HEALTH NET INC                 COM              42222G108      999    34900 SH       SOLE                    34900        0        0
HEARTLAND PMT SYS INC          COM              42235N108      765    23200 SH       SOLE                    23200        0        0
HEINZ H J CO                   COM              423074103     1459    20400 SH       SOLE                    20400        0        0
HELMERICH & PAYNE INC          COM              423452101     1074    17700 SH       SOLE                    17700        0        0
HENRY JACK & ASSOC INC         COM              426281101      388     8400 SH       SOLE                     8400        0        0
HERSHEY CO                     COM              427866108    25146   287400 SH       SOLE                   287400        0        0
HESS CORP                      COM              42809H107      745    10500 SH       SOLE                    10500        0        0
HEWLETT PACKARD CO             COM              428236103    72705  3050100 SH       SOLE                  3050100        0        0
HOLLYFRONTIER CORP             COM              436106108    64662  1256800 SH       SOLE                  1256800        0        0
HOLOGIC INC                    COM              436440101      640    28400 SH       SOLE                    28400        0        0
HOME DEPOT INC                 COM              437076102    39936   572700 SH       SOLE                   572700        0        0
HOMEOWNERS CHOICE INC          COM              43741E103     1011    37100 SH       SOLE                    37100        0        0
HONEYWELL INTL INC             COM              438516106     4965    66100 SH       SOLE                    66100        0        0
HORMEL FOODS CORP              COM              440452100    11648   282000 SH       SOLE                   282000        0        0
HOSPITALITY PPTYS TR           COM SH BEN INT   44106M102     1150    41900 SH       SOLE                    41900        0        0
HOST HOTELS & RESORTS INC      COM              44107P104      898    51300 SH       SOLE                    51300        0        0
HUMANA INC                     COM              444859102     1812    26300 SH       SOLE                    26300        0        0
HUNTINGTON INGALLS INDS INC    COM              446413106    23940   448900 SH       SOLE                   448900        0        0
IBERIABANK CORP                COM              450828108     2165    43300 SH       SOLE                    43300        0        0
ICU MED INC                    COM              44930G107      643    10900 SH       SOLE                    10900        0        0
ILLINOIS TOOL WKS INC          COM              452308109      845    14100 SH       SOLE                    14100        0        0
INGRAM MICRO INC               CL A             457153104      775    39400 SH       SOLE                    39400        0        0
INTEGRYS ENERGY GROUP INC      COM              45822P105     1394    24200 SH       SOLE                    24200        0        0
INTEL CORP                     COM              458140100     2912   134100 SH       SOLE                   134100        0        0
INTER PARFUMS INC              COM              458334109      279    11400 SH       SOLE                    11400        0        0
INTERDIGITAL INC               COM              45867G101    16430   343500 SH       SOLE                   343500        0        0
INTERMEC INC                   COM              458786100     2299   233900 SH       SOLE                   233900        0        0
INTERNATIONAL BUSINESS MACHS   COM              459200101    63184   296361 SH       SOLE                   296361        0        0
INTERNATIONAL FLAVORS^FRAGRA   COM              459506101      376     4900 SH       SOLE                     4900        0        0
INTL PAPER CO                  COM              460146103    20887   448800 SH       SOLE                   448800        0        0
INTUITIVE SURGICAL INC         COM NEW          46120E602     1605     3300 SH       SOLE                     3300        0        0
INVESCO LTD                    SHS              G491BT108      502    17343 SH       SOLE                    17343        0        0
INVESTMENT TECHNOLOGY GRP NE   COM              46145F105     1324   119900 SH       SOLE                   119900        0        0
ISHARES INC                    MSCI CDA INDEX   464286509     1110    38930 SH       SOLE                    38930        0        0
ISHARES TR                     BARCLYS TIPS BD  464287176      776     6297 SH       SOLE                     6297        0        0
ISHARES TR                     CORE TOTUSBD ETF 464287226     6468    57495 SH       SOLE                    57495        0        0
ISHARES TR                     MSCI EMERG MKT   464287234     6156   143900 SH       SOLE                   143900        0        0
ISHARES TR                     S^P GTFIDX ETF   464288174     2714    53441 SH       SOLE                    53441        0        0
ISHARES TR                     JPMORGAN USD     464288281     3569    29943 SH       SOLE                    29943        0        0
ISHARES TR                     S^P GLO INFRAS   464288372     2673    70793 SH       SOLE                    70793        0        0
ISHARES TR                     US PFD STK IDX   464288687    68359  1685993 SH       SOLE                  1685993        0        0
ISHARES TR                     RSSL MCRCP IDX   464288869     4789    80351 SH       SOLE                    80351        0        0
ISHARES TR                     INT PFD STK FD   46429B135    14645   542211 SH       SOLE                   542211        0        0
ITT CORP NEW                   COM NEW          450911201    24819   873000 SH       SOLE                   873000        0        0
JACOBS ENGR GROUP INC DEL      COM              469814107    12294   218600 SH       SOLE                   218600        0        0
JOHNSON & JOHNSON              COM              478160104    65573   805200 SH       SOLE                   805200        0        0
JOHNSON CTLS INC               COM              478366107      369    10700 SH       SOLE                    10700        0        0
JPMORGAN CHASE & CO            COM              46625H100    63595  1340932 SH       SOLE                  1340932        0        0
KANSAS CITY SOUTHERN           COM NEW          485170302      477     4300 SH       SOLE                     4300        0        0
KELLOGG CO                     COM              487836108      994    15500 SH       SOLE                    15500        0        0
KEYCORP NEW                    COM              493267108     4635   465400 SH       SOLE                   465400        0        0
KIMBALL INTL INC               CL B             494274103     1134   125200 SH       SOLE                   125200        0        0
KIMBERLY CLARK CORP            COM              494368103    19450   198700 SH       SOLE                   198700        0        0
KINDER MORGAN INC DEL          COM              49456B101      401    10416 SH       SOLE                    10416        0        0
KINROSS GOLD CORP              COM NO PAR       496902404      333    42300 SH       SOLE                    42300        0        0
KKR & CO L P DEL               COM UNITS        48248M102      332    17200 SH       SOLE                    17200        0        0
KLA-TENCOR CORP                COM              482480100    52556   996500 SH       SOLE                   996500        0        0
KONA GRILL INC                 COM              50047H201      105    11500 SH       SOLE                    11500        0        0
KONINKLIJKE PHILIPS ELECTRS    NY REG SH NEW    500472303    11719   396600 SH       SOLE                   396600        0        0
KORN FERRY INTL                COM NEW          500643200      834    46700 SH       SOLE                    46700        0        0
KRAFT FOODS GROUP INC          COM              50076Q106     1784    34853 SH       SOLE                    34853        0        0
KROGER CO                      COM              501044101    14500   437900 SH       SOLE                   437900        0        0
KULICKE & SOFFA INDS INC       COM              501242101     9847   851800 SH       SOLE                   851800        0        0
L & L ENERGY INC               COM              50162D100       59    32100 SH       SOLE                    32100        0        0
LABORATORY CORP AMER HLDGS     COM NEW          50540R409      806     9000 SH       SOLE                     9000        0        0
LAMAR ADVERTISING CO           CL A             512815101     3496    71900 SH       SOLE                    71900        0        0
LAS VEGAS SANDS CORP           COM              517834107     4649    82600 SH       SOLE                    82600        0        0
LAUDER ESTEE COS INC           CL A             518439104     1147    18000 SH       SOLE                    18000        0        0
LAZARD LTD                     SHS A            G54050102      201     5900 SH       SOLE                     5900        0        0
LENDER PROCESSING SVCS INC     COM              52602E102     1474    57900 SH       SOLE                    57900        0        0
LENNOX INTL INC                COM              526107107     6311    99400 SH       SOLE                    99400        0        0
LEVEL 3 COMMUNICATIONS INC     COM NEW          52729N308      675    33600 SH       SOLE                    33600        0        0
LEXMARK INTL NEW               CL A             529771107     4282   162200 SH       SOLE                   162200        0        0
LIBERTY GLOBAL INC             COM SER A        530555101      411     5600 SH       SOLE                     5600        0        0
LIBERTY INTERACTIVE CORP       INT COM SER A    53071M104      325    15200 SH       SOLE                    15200        0        0
LIBERTY PPTY TR                SH BEN INT       531172104      336     8800 SH       SOLE                     8800        0        0
LIFE TECHNOLOGIES CORP         COM              53217V109     1042    16200 SH       SOLE                    16200        0        0
LILLY ELI & CO                 COM              532457108    80213  1413000 SH       SOLE                  1413000        0        0
LINKEDIN CORP                  COM CL A         53578A108    14102    80100 SH       SOLE                    80100        0        0
LOCKHEED MARTIN CORP           COM              539830109     5232    54300 SH       SOLE                    54300        0        0
LORAL SPACE & COMMUNICATNS I   COM              543881106      576     9300 SH       SOLE                     9300        0        0
LORILLARD INC                  COM              544147101      541    13600 SH       SOLE                    13600        0        0
LOUISIANA PAC CORP             COM              546347105    38949  1803200 SH       SOLE                  1803200        0        0
LOWES COS INC                  COM              548661107     1353    36000 SH       SOLE                    36000        0        0
LYONDELLBASELL INDUSTRIES N    SHS - A -        N53745100    41543   656600 SH       SOLE                   656600        0        0
MACYS INC                      COM              55616P104      558    13500 SH       SOLE                    13500        0        0
MADISON SQUARE GARDEN CO       CL A             55826P100     1319    22900 SH       SOLE                    22900        0        0
MAGELLAN HEALTH SVCS INC       COM NEW          559079207      932    19600 SH       SOLE                    19600        0        0
MAGNA INTL INC                 COM              559222401     4465    76174 SH       SOLE                    76174        0        0
MAIDEN HOLDINGS LTD            SHS              G5753U112      158    14900 SH       SOLE                    14900        0        0
MAINSOURCE FINANCIAL GP INC    COM              56062Y102      227    16200 SH       SOLE                    16200        0        0
MANHATTAN ASSOCS INC           COM              562750109      305     4100 SH       SOLE                     4100        0        0
MANPOWERGROUP INC              COM              56418H100     1628    28700 SH       SOLE                    28700        0        0
MANULIFE FINL CORP             COM              56501R106      218    14800 SH       SOLE                    14800        0        0
MARATHON OIL CORP              COM              565849106    12019   356884 SH       SOLE                   356884        0        0
MARATHON PETE CORP             COM              56585A102    80905   903050 SH       SOLE                   903050        0        0
MARKET VECTORS ETF TR          EM LC CURR DBT   57060U522     3312   120560 SH       SOLE                   120560        0        0
MARKET VECTORS ETF TR          AGRIBUS ETF      57060U605    59103  1091247 SH       SOLE                  1091247        0        0
MARRIOTT INTL INC NEW          CL A             571903202    17055   403863 SH       SOLE                   403863        0        0
MARRIOTT VACATIONS WRLDWDE C   COM              57164Y107     2686    62600 SH       SOLE                    62600        0        0
MARSH & MCLENNAN COS INC       COM              571748102      238     6300 SH       SOLE                     6300        0        0
MASCO CORP                     COM              574599106    28307  1397900 SH       SOLE                  1397900        0        0
MASTERCARD INC                 CL A             57636Q104     1504     2800 SH       SOLE                     2800        0        0
MATSON INC                     COM              57686G105     1242    50500 SH       SOLE                    50500        0        0
MATTEL INC                     COM              577081102      224     5100 SH       SOLE                     5100        0        0
MBIA INC                       COM              55262C100     9446   919800 SH       SOLE                   919800        0        0
MCCORMICK & CO INC             COM NON VTG      579780206      512     7000 SH       SOLE                     7000        0        0
MCDONALDS CORP                 COM              580135101     2649    26800 SH       SOLE                    26800        0        0
MCG CAPITAL CORP               COM              58047P107       60    12500 SH       SOLE                    12500        0        0
MCGRAW HILL COS INC            COM              580645109     3122    60000 SH       SOLE                    60000        0        0
MCKESSON CORP                  COM              58155Q103    10462    97100 SH       SOLE                    97100        0        0
MDC PARTNERS INC               CL A SUB VTG     552697104      792    49000 SH       SOLE                    49000        0        0
MDU RES GROUP INC              COM              552690109     1766    71300 SH       SOLE                    71300        0        0
MEAD JOHNSON NUTRITION CO      COM              582839106     1006    13100 SH       SOLE                    13100        0        0
MEADWESTVACO CORP              COM              583334107      230     6500 SH       SOLE                     6500        0        0
MECHEL OAO                     SPONSORED ADR    583840103       56    11000 SH       SOLE                    11000        0        0
MEDICAL PPTYS TRUST INC        COM              58463J304      212    13200 SH       SOLE                    13200        0        0
MEDIFAST INC                   COM              58470H101      426    18600 SH       SOLE                    18600        0        0
MEDTRONIC INC                  COM              585055106     4384    94100 SH       SOLE                    94100        0        0
MELCO CROWN ENTMT LTD          ADR              585464100    16033   686900 SH       SOLE                   686900        0        0
MERCK & CO INC NEW             COM              58933Y105    21544   488112 SH       SOLE                   488112        0        0
METLIFE INC                    COM              59156R108      759    20200 SH       SOLE                    20200        0        0
METROPCS COMMUNICATIONS INC    COM              591708102      789    72800 SH       SOLE                    72800        0        0
METTLER TOLEDO INTERNATIONAL   COM              592688105     1749     8200 SH       SOLE                     8200        0        0
MGE ENERGY INC                 COM              55277P104      344     6200 SH       SOLE                     6200        0        0
MGM RESORTS INTERNATIONAL      COM              552953101     1109    84300 SH       SOLE                    84300        0        0
MICHAEL KORS HLDGS LTD         SHS              G60754101     1113    19600 SH       SOLE                    19600        0        0
MICRON TECHNOLOGY INC          COM              595112103     2256   226100 SH       SOLE                   226100        0        0
MICROSOFT CORP                 COM              594918104    29370  1027800 SH       SOLE                  1027800        0        0
MINE SAFETY APPLIANCES CO      COM              602720104      644    13000 SH       SOLE                    13000        0        0
MOBILE TELESYSTEMS OJSC        SPONSORED ADR    607409109      948    46300 SH       SOLE                    46300        0        0
MOHAWK INDS INC                COM              608190104    13098   115800 SH       SOLE                   115800        0        0
MOLINA HEALTHCARE INC          COM              60855R100     3855   124900 SH       SOLE                   124900        0        0
MONDELEZ INTL INC              CL A             609207105     2778    91470 SH       SOLE                    91470        0        0
MONSANTO CO NEW                COM              61166W101    43718   414244 SH       SOLE                   414244        0        0
MONSTER BEVERAGE CORP          COM              611740101      398     8400 SH       SOLE                     8400        0        0
MOODYS CORP                    COM              615369105    16529   310000 SH       SOLE                   310000        0        0
MORGAN STANLEY                 COM NEW          617446448    19555   890268 SH       SOLE                   890268        0        0
MOSAIC CO NEW                  COM              61945C103     1320    22500 SH       SOLE                    22500        0        0
MOVADO GROUP INC               COM              624580106     1485    44300 SH       SOLE                    44300        0        0
MUELLER WTR PRODS INC          COM SER A        624758108     3938   664100 SH       SOLE                   664100        0        0
MULTIMEDIA GAMES HLDG CO INC   COM              625453105     1058    50700 SH       SOLE                    50700        0        0
MURPHY OIL CORP                COM              626717102     4197    65900 SH       SOLE                    65900        0        0
MYLAN INC                      COM              628530107      755    26300 SH       SOLE                    26300        0        0
NACCO INDS INC                 CL A             629579103     1446    27100 SH       SOLE                    27100        0        0
NATIONAL OILWELL VARCO INC     COM              637071101      799    11483 SH       SOLE                    11483        0        0
NETFLIX INC                    COM              64110L106     1402     7400 SH       SOLE                     7400        0        0
NETSCOUT SYS INC               COM              64115T104      258    10500 SH       SOLE                    10500        0        0
NEW YORK & CO INC              COM              649295102       87    21200 SH       SOLE                    21200        0        0
NEWMONT MINING CORP            COM              651639106     1292    31200 SH       SOLE                    31200        0        0
NEWS CORP                      CL A             65248E104    24693   809894 SH       SOLE                   809894        0        0
NEWS CORP                      CL B             65248E203      836    27301 SH       SOLE                    27301        0        0
NEXTERA ENERGY INC             COM              65339F101     5267    68300 SH       SOLE                    68300        0        0
NIKE INC                       CL B             654106103     6231   105800 SH       SOLE                   105800        0        0
NIPPON TELEG & TEL CORP        SPONSORED ADR    654624105     1568    72100 SH       SOLE                    72100        0        0
NISOURCE INC                   COM              65473P105     2409    82600 SH       SOLE                    82600        0        0
NOBLE ENERGY INC               COM              655044105      896     7800 SH       SOLE                     7800        0        0
NORFOLK SOUTHERN CORP          COM              655844108      386     5100 SH       SOLE                     5100        0        0
NORTEK INC                     COM NEW          656559309      328     4600 SH       SOLE                     4600        0        0
NORTHEAST UTILS                COM              664397106     2750    63779 SH       SOLE                    63779        0        0
NORTHERN TR CORP               COM              665859104      399     7300 SH       SOLE                     7300        0        0
NORTHROP GRUMMAN CORP          COM              666807102    31384   447500 SH       SOLE                   447500        0        0
NOVO-NORDISK A S               ADR              670100205    15117    93600 SH       SOLE                    93600        0        0
NRG ENERGY INC                 COM NEW          629377508    22530   851000 SH       SOLE                   851000        0        0
NUCOR CORP                     COM              670346105      952    21000 SH       SOLE                    21000        0        0
NVR INC                        COM              62944T105    12259    11350 SH       SOLE                    11350        0        0
OCCIDENTAL PETE CORP DEL       COM              674599105     3007    38700 SH       SOLE                    38700        0        0
OCWEN FINL CORP                COM NEW          675746309    12241   322800 SH       SOLE                   322800        0        0
OGE ENERGY CORP                COM              670837103     1647    23700 SH       SOLE                    23700        0        0
OMNICOM GROUP INC              COM              681919106      798    13600 SH       SOLE                    13600        0        0
OMNOVA SOLUTIONS INC           COM              682129101      125    16300 SH       SOLE                    16300        0        0
ONEOK INC NEW                  COM              682680103     1782    37700 SH       SOLE                    37700        0        0
ONYX PHARMACEUTICALS INC       COM              683399109     2275    25600 SH       SOLE                    25600        0        0
OPEN TEXT CORP                 COM              683715106     1400    23800 SH       SOLE                    23800        0        0
ORACLE CORP                    COM              68389X105     3540   110328 SH       SOLE                   110328        0        0
OSHKOSH CORP                   COM              688239201    36190   851700 SH       SOLE                   851700        0        0
P C CONNECTION                 COM              69318J100      206    12600 SH       SOLE                    12600        0        0
PACCAR INC                     COM              693718108      288     5700 SH       SOLE                     5700        0        0
PACKAGING CORP AMER            COM              695156109     1580    35200 SH       SOLE                    35200        0        0
PAREXEL INTL CORP              COM              699462107     5105   129200 SH       SOLE                   129200        0        0
PARKWAY PPTYS INC              COM              70159Q104     1254    67600 SH       SOLE                    67600        0        0
PARTNERRE LTD                  COM              G6852T105     6788    72900 SH       SOLE                    72900        0        0
PATTERSON UTI ENERGY INC       COM              703481101     1874    78600 SH       SOLE                    78600        0        0
PDL BIOPHARMA INC              COM              69329Y104     1273   174000 SH       SOLE                   174000        0        0
PENN VA CORP                   COM              707882106      519   128500 SH       SOLE                   128500        0        0
PENNSYLVANIA RL ESTATE INVT    SH BEN INT       709102107     2085   107500 SH       SOLE                   107500        0        0
PEPCO HOLDINGS INC             COM              713291102     1537    72500 SH       SOLE                    72500        0        0
PEPSICO INC                    COM              713448108    47454   600350 SH       SOLE                   600350        0        0
PERRIGO CO                     COM              714290103      969     8200 SH       SOLE                     8200        0        0
PETMED EXPRESS INC             COM              716382106      776    57900 SH       SOLE                    57900        0        0
PFIZER INC                     COM              717081103    53088  1842045 SH       SOLE                  1842045        0        0
PG^E CORP                      COM              69331C108     3532    80000 SH       SOLE                    80000        0        0
PHILIP MORRIS INTL INC         COM              718172109    35679   385400 SH       SOLE                   385400        0        0
PHILLIPS 66                    COM              718546104    38918   556450 SH       SOLE                   556450        0        0
PHOTRONICS INC                 COM              719405102     1586   237300 SH       SOLE                   237300        0        0
PIKE ELEC CORP                 COM              721283109     1011    71000 SH       SOLE                    71000        0        0
PILGRIMS PRIDE CORP NEW        COM              72147K108      813    88500 SH       SOLE                    88500        0        0
PINNACLE FINL PARTNERS INC     COM              72346Q104     1470    62900 SH       SOLE                    62900        0        0
PINNACLE WEST CAP CORP         COM              723484101     2138    37200 SH       SOLE                    37200        0        0
PIONEER NAT RES CO             COM              723787107      405     3300 SH       SOLE                     3300        0        0
PIPER JAFFRAY COS              COM              724078100     1492    43500 SH       SOLE                    43500        0        0
PLUM CREEK TIMBER CO INC       COM              729251108      315     6300 SH       SOLE                     6300        0        0
PMC-SIERRA INC                 COM              69344F106      287    42300 SH       SOLE                    42300        0        0
PNC FINL SVCS GROUP INC        COM              693475105     9930   149462 SH       SOLE                   149462        0        0
POPULAR INC                    COM NEW          733174700    11987   434200 SH       SOLE                   434200        0        0
POST PPTYS INC                 COM              737464107     1917    40700 SH       SOLE                    40700        0        0
POTASH CORP SASK INC           COM              73755L107     2107    54000 SH       SOLE                    54000        0        0
POTLATCH CORP NEW              COM              737630103     1673    36500 SH       SOLE                    36500        0        0
POWERSHARES DB CMDTY IDX TRA   UNIT BEN INT     73935S105     4052   146039 SH       SOLE                   146039        0        0
POWERSHARES DB G10 CURCY HAR   COM UT BEN INT   73935Y102    14651   537660 SH       SOLE                   537660        0        0
POWERSHARES ETF TRUST          GBL LSTD PVT EQT 73935X195     1451   126520 SH       SOLE                   126520        0        0
POWERSHARES ETF TRUST II       SENIOR LN PORT   73936Q769     3499   137146 SH       SOLE                   137146        0        0
POZEN INC                      COM              73941U102      481    91300 SH       SOLE                    91300        0        0
PPG INDS INC                   COM              693506107     1870    14100 SH       SOLE                    14100        0        0
PPL CORP                       COM              69351T106     3696   119100 SH       SOLE                   119100        0        0
PRAXAIR INC                    COM              74005P104     2716    24600 SH       SOLE                    24600        0        0
PRECISION CASTPARTS CORP       COM              740189105      637     3400 SH       SOLE                     3400        0        0
PRICE T ROWE GROUP INC         COM              74144T108    30224   403700 SH       SOLE                   403700        0        0
PRICELINE COM INC              COM NEW          741503403     5289     7700 SH       SOLE                     7700        0        0
PRIVATEBANCORP INC             COM              742962103     3022   159800 SH       SOLE                   159800        0        0
PROCTER & GAMBLE CO            COM              742718109    58204   756330 SH       SOLE                   756330        0        0
PROGRESSIVE CORP OHIO          COM              743315103    38601  1527600 SH       SOLE                  1527600        0        0
PRUDENTIAL FINL INC            COM              744320102      264     4600 SH       SOLE                     4600        0        0
PUBLIC STORAGE                 COM              74460D109     3320    21800 SH       SOLE                    21800        0        0
PUBLIC SVC ENTERPRISE GROUP    COM              744573106     5888   172200 SH       SOLE                   172200        0        0
PULTE GROUP INC                COM              745867101    44021  2175000 SH       SOLE                  2175000        0        0
QEP RES INC                    COM              74733V100      283     8900 SH       SOLE                     8900        0        0
QIAGEN NV                      REG SHS          N72482107     1313    63195 SH       SOLE                    63195        0        0
QUAD / GRAPHICS INC            COM CL A         747301109     2548   106400 SH       SOLE                   106400        0        0
QUALCOMM INC                   COM              747525103    21831   326400 SH       SOLE                   326400        0        0
QUEST DIAGNOSTICS INC          COM              74834L100      773    13800 SH       SOLE                    13800        0        0
QUESTCOR PHARMACEUTICALS INC   COM              74835Y101     8233   253000 SH       SOLE                   253000        0        0
RAYMOND JAMES FINANCIAL INC    COM              754730109      415     9000 SH       SOLE                     9000        0        0
RAYTHEON CO                    COM NEW          755111507    37854   644000 SH       SOLE                   644000        0        0
REDWOOD TR INC                 COM              758075402      628    27100 SH       SOLE                    27100        0        0
REGENERON PHARMACEUTICALS      COM              75886F107      599     3400 SH       SOLE                     3400        0        0
REGIONS FINL CORP NEW          COM              7591EP100    13049  1593400 SH       SOLE                  1593400        0        0
REINSURANCE GROUP AMER INC     COM NEW          759351604     2500    41900 SH       SOLE                    41900        0        0
RENAISSANCERE HOLDINGS LTD     COM              G7496G103      800     8700 SH       SOLE                     8700        0        0
REPUBLIC AWYS HLDGS INC        COM              760276105     4246   368000 SH       SOLE                   368000        0        0
RESEARCH IN MOTION LTD         COM              760975102    44776  3094500 SH       SOLE                  3094500        0        0
RESMED INC                     COM              761152107      644    13900 SH       SOLE                    13900        0        0
REYNOLDS AMERICAN INC          COM              761713106      523    11900 SH       SOLE                    11900        0        0
ROCK-TENN CO                   CL A             772739207     2441    26300 SH       SOLE                    26300        0        0
ROCKWELL COLLINS INC           COM              774341101      215     3400 SH       SOLE                     3400        0        0
ROGERS COMMUNICATIONS INC      CL B             775109200     6767   133400 SH       SOLE                   133400        0        0
ROVI CORP                      COM              779376102      268    12500 SH       SOLE                    12500        0        0
ROYAL BK CDA MONTREAL QUE      COM              780087102     4079    67900 SH       SOLE                    67900        0        0
RPC INC                        COM              749660106     4599   303100 SH       SOLE                   303100        0        0
RPM INTL INC                   COM              749685103      303     9600 SH       SOLE                     9600        0        0
RYANAIR HLDGS PLC              SPONSORED ADR    783513104     3614    86500 SH       SOLE                    86500        0        0
SAFEGUARD SCIENTIFICS INC      COM NEW          786449207      377    23900 SH       SOLE                    23900        0        0
SAFEWAY INC                    COM NEW          786514208     3489   132400 SH       SOLE                   132400        0        0
SAIA INC                       COM              78709Y105     2300    63600 SH       SOLE                    63600        0        0
SAIC INC                       COM              78390X101      180    13300 SH       SOLE                    13300        0        0
SALESFORCE COM INC             COM              79466L302      233     1300 SH       SOLE                     1300        0        0
SANDERSON FARMS INC            COM              800013104     7975   146000 SH       SOLE                   146000        0        0
SANFILIPPO JOHN B & SON INC    COM              800422107      690    34500 SH       SOLE                    34500        0        0
SBA COMMUNICATIONS CORP        COM              78388J106     2296    32200 SH       SOLE                    32200        0        0
SCANA CORP NEW                 COM              80589M102     1885    37000 SH       SOLE                    37000        0        0
SCHEIN HENRY INC               COM              806407102      825     9000 SH       SOLE                     9000        0        0
SCHLUMBERGER LTD               COM              806857108     4006    53930 SH       SOLE                    53930        0        0
SCHWAB CHARLES CORP NEW        COM              808513105      509    28800 SH       SOLE                    28800        0        0
SCICLONE PHARMACEUTICALS INC   COM              80862K104       96    20800 SH       SOLE                    20800        0        0
SEACHANGE INTL INC             COM              811699107      243    20400 SH       SOLE                    20400        0        0
SEADRILL LIMITED               SHS              G7945E105     1716    47678 SH       SOLE                    47678        0        0
SEAGATE TECHNOLOGY PLC         SHS              G7945M107     6039   165200 SH       SOLE                   165200        0        0
SEI INVESTMENTS CO             COM              784117103      654    22700 SH       SOLE                    22700        0        0
SEMGROUP CORP                  CL A             81663A105      543    10500 SH       SOLE                    10500        0        0
SEMPRA ENERGY                  COM              816851109     4132    52000 SH       SOLE                    52000        0        0
SERVICE CORP INTL              COM              817565104     1187    70900 SH       SOLE                    70900        0        0
SHAW COMMUNICATIONS INC        CL B CONV        82028K200      983    40100 SH       SOLE                    40100        0        0
SHERWIN WILLIAMS CO            COM              824348106    25118   148800 SH       SOLE                   148800        0        0
SHIRE PLC                      SPONSORED ADR    82481R106     2897    31700 SH       SOLE                    31700        0        0
SIGMA ALDRICH CORP             COM              826552101      739     9700 SH       SOLE                     9700        0        0
SILICON GRAPHICS INTL CORP     COM              82706L108     4397   319800 SH       SOLE                   319800        0        0
SILVER WHEATON CORP            COM              828336107      645    20700 SH       SOLE                    20700        0        0
SIMON PPTY GROUP INC NEW       COM              828806109     5957    37674 SH       SOLE                    37674        0        0
SIRIUS XM RADIO INC            COM              82967N108      385   125700 SH       SOLE                   125700        0        0
SIX FLAGS ENTMT CORP NEW       COM              83001A102     8182   112900 SH       SOLE                   112900        0        0
SMITH & WESSON HLDG CORP       COM              831756101     1700   188800 SH       SOLE                   188800        0        0
SMITHFIELD FOODS INC           COM              832248108      244     9200 SH       SOLE                     9200        0        0
SMUCKER J M CO                 COM NEW          832696405      690     7000 SH       SOLE                     7000        0        0
SOLARWINDS INC                 COM              83416B109    24030   406600 SH       SOLE                   406600        0        0
SONY CORP                      ADR NEW          835699307    13047   749800 SH       SOLE                   749800        0        0
SORL AUTO PTS INC              COM              78461U101       96    24900 SH       SOLE                    24900        0        0
SOUTHERN CO                    COM              842587107     8294   178000 SH       SOLE                   178000        0        0
SOUTHERN COPPER CORP           COM              84265V105     1029    27705 SH       SOLE                    27705        0        0
SOUTHWEST AIRLS CO             COM              844741108    36127  2680100 SH       SOLE                  2680100        0        0
SPANISH BROADCASTING SYS INC   CL A NEW         846425833       44    17300 SH       SOLE                    17300        0        0
SPDR INDEX SHS FDS             DJ INTL RL ETF   78463X863     1589    36365 SH       SOLE                    36365        0        0
SPDR SERIES TRUST              BRC CNV SECS ETF 78464A359    55686  1312196 SH       SOLE                  1312196        0        0
SPDR SERIES TRUST              BRC HGH YLD BD   78464A417     4067    97703 SH       SOLE                    97703        0        0
SPDR SERIES TRUST              DB INT GVT ETF   78464A490     4354    69155 SH       SOLE                    69155        0        0
SPDR SERIES TRUST              BRCLYS INTL ETF  78464A516     5462    92767 SH       SOLE                    92767        0        0
SPECTRA ENERGY CORP            COM              847560109      736    24149 SH       SOLE                    24149        0        0
SPRINT NEXTEL CORP             COM SER 1        852061100    22401  3612232 SH       SOLE                  3612232        0        0
ST JOE CO                      COM              790148100      927    43600 SH       SOLE                    43600        0        0
ST JUDE MED INC                COM              790849103     1249    31100 SH       SOLE                    31100        0        0
STAGE STORES INC               COM NEW          85254C305     3056   118100 SH       SOLE                   118100        0        0
STANLEY BLACK & DECKER INC     COM              854502101      696     8600 SH       SOLE                     8600        0        0
STARBUCKS CORP                 COM              855244109     1289    22900 SH       SOLE                    22900        0        0
STARWOOD HOTELS^RESORTS WRLD   COM              85590A401      439     6900 SH       SOLE                     6900        0        0
STATE STR CORP                 COM              857477103     1201    20500 SH       SOLE                    20500        0        0
STATOIL ASA                    SPONSORED ADR    85771P102    18044   732900 SH       SOLE                   732900        0        0
STERIS CORP                    COM              859152100      204     4900 SH       SOLE                     4900        0        0
STRYKER CORP                   COM              863667101     1866    28900 SH       SOLE                    28900        0        0
SUNCOR ENERGY INC NEW          COM              867224107     1846    62016 SH       SOLE                    62016        0        0
SUNTRUST BKS INC               COM              867914103     3432   119100 SH       SOLE                   119100        0        0
SURMODICS INC                  COM              868873100     1690    62000 SH       SOLE                    62000        0        0
SUSQUEHANNA BANCSHARES INC P   COM              869099101     4772   383900 SH       SOLE                   383900        0        0
SYMANTEC CORP                  COM              871503108    19535   791700 SH       SOLE                   791700        0        0
SYNAPTICS INC                  COM              87157D109     1986    48800 SH       SOLE                    48800        0        0
SYNOPSYS INC                   COM              871607107      233     6500 SH       SOLE                     6500        0        0
SYPRIS SOLUTIONS INC           COM              871655106      105    25000 SH       SOLE                    25000        0        0
SYSCO CORP                     COM              871829107     1324    38000 SH       SOLE                    38000        0        0
TALISMAN ENERGY INC            COM              87425E103      287    23600 SH       SOLE                    23600        0        0
TARGET CORP                    COM              87612E106      939    13900 SH       SOLE                    13900        0        0
TASER INTL INC                 COM              87651B104     3339   420000 SH       SOLE                   420000        0        0
TAYLOR CAP GROUP INC           COM              876851106      310    19400 SH       SOLE                    19400        0        0
TECK RESOURCES LTD             CL B             878742204      854    30600 SH       SOLE                    30600        0        0
TELEFLEX INC                   COM              879369106      313     3700 SH       SOLE                     3700        0        0
TELENAV INC                    COM              879455103      933   144700 SH       SOLE                   144700        0        0
TELEPHONE & DATA SYS INC       COM NEW          879433829     4269   202644 SH       SOLE                   202644        0        0
TELUS CORP                     COM              87971M103     4238    61700 SH       SOLE                    61700        0        0
TEREX CORP NEW                 COM              880779103     9235   268300 SH       SOLE                   268300        0        0
TESORO CORP                    COM              881609101    74048  1264700 SH       SOLE                  1264700        0        0
TEXAS INDS INC                 COM              882491103      372     5900 SH       SOLE                     5900        0        0
TEXAS INSTRS INC               COM              882508104      881    24900 SH       SOLE                    24900        0        0
TEXTRON INC                    COM              883203101     3646   122300 SH       SOLE                   122300        0        0
THE ADT CORPORATION            COM              00101J106      247     5037 SH       SOLE                     5037        0        0
THERMO FISHER SCIENTIFIC INC   COM              883556102     3788    49800 SH       SOLE                    49800        0        0
THOMSON REUTERS CORP           COM              884903105      964    29917 SH       SOLE                    29917        0        0
THOR INDS INC                  COM              885160101      497    13500 SH       SOLE                    13500        0        0
THORATEC CORP                  COM NEW          885175307      420    11200 SH       SOLE                    11200        0        0
TIM HORTONS INC                COM              88706M103      590    11000 SH       SOLE                    11000        0        0
TIME WARNER CABLE INC          COM              88732J207     1387    14579 SH       SOLE                    14579        0        0
TIME WARNER INC                COM NEW          887317303     8005   139366 SH       SOLE                   139366        0        0
TJX COS INC NEW                COM              872540109    34761   743800 SH       SOLE                   743800        0        0
TORO CO                        COM              891092108     3182    69100 SH       SOLE                    69100        0        0
TORONTO DOMINION BK ONT        COM NEW          891160509      940    11400 SH       SOLE                    11400        0        0
TRANSALTA CORP                 COM              89346D107     1726   119200 SH       SOLE                   119200        0        0
TRANSCANADA CORP               COM              89353D107      875    18544 SH       SOLE                    18544        0        0
TRANSOCEAN LTD                 REG SHS          H8817H100     1413    27319 SH       SOLE                    27319        0        0
TRAVELCENTERS OF AMERICA LLC   COM              894174101      470    49000 SH       SOLE                    49000        0        0
TRAVELERS COMPANIES INC        COM              89417E109    48982   581901 SH       SOLE                   581901        0        0
TREX CO INC                    COM              89531P105     1550    31500 SH       SOLE                    31500        0        0
TUESDAY MORNING CORP           COM NEW          899035505      325    41800 SH       SOLE                    41800        0        0
TYCO INTERNATIONAL LTD         SHS              H89128104      204     6475 SH       SOLE                     6475        0        0
TYSON FOODS INC                CL A             902494103    44434  1790300 SH       SOLE                  1790300        0        0
U S AIRWAYS GROUP INC          COM              90341W108     6189   364700 SH       SOLE                   364700        0        0
U S G CORP                     COM NEW          903293405     9817   371300 SH       SOLE                   371300        0        0
UBS AG                         SHS NEW          H89231338     1847   121279 SH       SOLE                   121279        0        0
UDR INC                        COM              902653104      624    25800 SH       SOLE                    25800        0        0
UMPQUA HLDGS CORP              COM              904214103      802    60500 SH       SOLE                    60500        0        0
UNIFIRST CORP MASS             COM              904708104      579     6400 SH       SOLE                     6400        0        0
UNION PAC CORP                 COM              907818108     1892    13400 SH       SOLE                    13400        0        0
UNITED PARCEL SERVICE INC      CL B             911312106     1739    20400 SH       SOLE                    20400        0        0
UNITED TECHNOLOGIES CORP       COM              913017109     1674    18100 SH       SOLE                    18100        0        0
UNITED THERAPEUTICS CORP DEL   COM              91307C102     5278    86700 SH       SOLE                    86700        0        0
UNITEDHEALTH GROUP INC         COM              91324P102    67939  1188198 SH       SOLE                  1188198        0        0
UNIVERSAL CORP VA              COM              913456109     3754    67000 SH       SOLE                    67000        0        0
URBAN OUTFITTERS INC           COM              917047102      841    21700 SH       SOLE                    21700        0        0
US BANCORP DEL                 COM NEW          902973304     1243    36900 SH       SOLE                    36900        0        0
USA MOBILITY INC               COM              90341G103      782    58900 SH       SOLE                    58900        0        0
USANA HEALTH SCIENCES INC      COM              90328M107     1508    31200 SH       SOLE                    31200        0        0
VAALCO ENERGY INC              COM NEW          91851C201     2585   340700 SH       SOLE                   340700        0        0
VALEANT PHARMACEUTICALS INTL   COM              91911K102     4524    60900 SH       SOLE                    60900        0        0
VALERO ENERGY CORP NEW         COM              91913Y100    74079  1628600 SH       SOLE                  1628600        0        0
VALMONT INDS INC               COM              920253101     3743    23800 SH       SOLE                    23800        0        0
VALSPAR CORP                   COM              920355104     2085    33500 SH       SOLE                    33500        0        0
VANGUARD BD INDEX FD INC       TOTAL BND MRKT   921937835     8489   101490 SH       SOLE                   101490        0        0
VANGUARD INDEX FDS             REIT ETF         922908553     1594    22241 SH       SOLE                    22241        0        0
VANGUARD INDEX FDS             SMALL CP ETF     922908751     6034    65154 SH       SOLE                    65154        0        0
VANGUARD INDEX FDS             TOTAL STK MKT    922908769     8399   103831 SH       SOLE                   103831        0        0
VANGUARD INTL EQUITY INDEX F   FTSE SMCAP ETF   922042718     9436    99049 SH       SOLE                    99049        0        0
VANGUARD INTL EQUITY INDEX F   FTSE EMR MKT ETF 922042858     6075   141650 SH       SOLE                   141650        0        0
VANGUARD STAR FD               VG TL INTL STK F 921909768     5130   106985 SH       SOLE                   106985        0        0
VARIAN MED SYS INC             COM              92220P105      644     9000 SH       SOLE                     9000        0        0
VECTREN CORP                   COM              92240G101      368    10400 SH       SOLE                    10400        0        0
VERIZON COMMUNICATIONS INC     COM              92343V104    62022  1266300 SH       SOLE                  1266300        0        0
VERTEX PHARMACEUTICALS INC     COM              92532F100      832    15200 SH       SOLE                    15200        0        0
VIACOM INC NEW                 CL B             92553P201     1556    25550 SH       SOLE                    25550        0        0
VIAD CORP                      COM NEW          92552R406     4529   163700 SH       SOLE                   163700        0        0
VIRTUS INVT PARTNERS INC       COM              92828Q109     1249     6700 SH       SOLE                     6700        0        0
VISA INC                       COM CL A         92826C839    22913   135000 SH       SOLE                   135000        0        0
VISHAY INTERTECHNOLOGY INC     COM              928298108     3173   233200 SH       SOLE                   233200        0        0
VISTEON CORP                   COM NEW          92839U206     4795    83100 SH       SOLE                    83100        0        0
VORNADO RLTY TR                SH BEN INT       929042109      259     3093 SH       SOLE                     3093        0        0
VULCAN MATLS CO                COM              929160109      274     5400 SH       SOLE                     5400        0        0
WALGREEN CO                    COM              931422109    21437   450000 SH       SOLE                   450000        0        0
WAL-MART STORES INC            COM              931142103     8143   109500 SH       SOLE                   109500        0        0
WARNER CHILCOTT PLC IRELAND    SHS A            G94368100      474    35000 SH       SOLE                    35000        0        0
WASHINGTON POST CO             CL B             939640108     2299     5144 SH       SOLE                     5144        0        0
WASTE MGMT INC DEL             COM              94106L109      251     6400 SH       SOLE                     6400        0        0
WEINGARTEN RLTY INVS           SH BEN INT       948741103      208     6600 SH       SOLE                     6600        0        0
WELLCARE HEALTH PLANS INC      COM              94946T106     8765   151200 SH       SOLE                   151200        0        0
WELLPOINT INC                  COM              94973V107    77745  1174150 SH       SOLE                  1174150        0        0
WELLS FARGO & CO NEW           COM              949746101     4753   129359 SH       SOLE                   129359        0        0
WEST PHARMACEUTICAL SVSC INC   COM              955306105      403     6200 SH       SOLE                     6200        0        0
WESTERN ALLIANCE BANCORP       COM              957638109      998    72100 SH       SOLE                    72100        0        0
WESTERN DIGITAL CORP           COM              958102105    64450  1281800 SH       SOLE                  1281800        0        0
WESTERN REFNG INC              COM              959319104    57630  1627500 SH       SOLE                  1627500        0        0
WESTLAKE CHEM CORP             COM              960413102    31127   332900 SH       SOLE                   332900        0        0
WEYERHAEUSER CO                COM              962166104    74410  2371187 SH       SOLE                  2371187        0        0
WHIRLPOOL CORP                 COM              963320106    35798   302200 SH       SOLE                   302200        0        0
WHITE MTNS INS GROUP LTD       COM              G9618E107      567     1000 SH       SOLE                     1000        0        0
WHITING PETE CORP NEW          COM              966387102     3539    69600 SH       SOLE                    69600        0        0
WHOLE FOODS MKT INC            COM              966837106     2542    29400 SH       SOLE                    29400        0        0
WILLIAMS COS INC DEL           COM              969457100      825    22400 SH       SOLE                    22400        0        0
WILSHIRE BANCORP INC           COM              97186T108      706   104200 SH       SOLE                   104200        0        0
WINDSTREAM CORP                COM              97381W104     1319   167500 SH       SOLE                   167500        0        0
WINTRUST FINANCIAL CORP        COM              97650W108      574    15500 SH       SOLE                    15500        0        0
WISCONSIN ENERGY CORP          COM              976657106     2757    64500 SH       SOLE                    64500        0        0
WISDOMTREE TR                  EM LCL DEBT FD   97717X867    85881  1633635 SH       SOLE                  1633635        0        0
WORTHINGTON INDS INC           COM              981811102      582    18800 SH       SOLE                    18800        0        0
WYNDHAM WORLDWIDE CORP         COM              98310W108      799    12400 SH       SOLE                    12400        0        0
XCEL ENERGY INC                COM              98389B100     2724    92400 SH       SOLE                    92400        0        0
XEROX CORP                     COM              984121103      191    22200 SH       SOLE                    22200        0        0
YAMANA GOLD INC                COM              98462Y100      735    48000 SH       SOLE                    48000        0        0
YUM BRANDS INC                 COM              988498101      896    12600 SH       SOLE                    12600        0        0
ZIMMER HLDGS INC               COM              98956P102     2183    29220 SH       SOLE                    29220        0        0
ZIONS BANCORPORATION           COM              989701107    36292  1452300 SH       SOLE                  1452300        0        0