Dana Investment Advisors

Dana Investment Advisors as of March 31, 2012

Portfolio Holdings for Dana Investment Advisors

Dana Investment Advisors holds 0 positions in its portfolio as reported in the March 2012 quarterly 13F filing

                {C}             {C}
                                                     FORM 13F INFORMATION TABLE
                                                             VALUE  SHARES/ SH/ PUT/ INVSTMT  OTHER            VOTING AUTHORITY
NAME OF ISSUER                 TITLE OF CLASS   CUSIP     (x$1000)  PRN AMT PRN CALL DSCRETN MANAGERS         SOLE   SHARED     NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ABBOTT LABS			COM		002824100    17214   280856 SH		SOLE		    280856	0	0
ACCENTURE PLC IRELAND		SHS CLASS A	G1151C101     4867    75452 SH		SOLE		     75452	0	0
ACE LTD				SHS		H0023R105    12266   167567 SH		SOLE		    167567	0	0
ACI WORLDWIDE INC		COM		004498101      332     8250 SH		SOLE		      8250	0	0
ADVANCE AUTO PARTS INC		COM		00751Y106     6812    76908 SH		SOLE		     76908	0	0
AFLAC INC			COM		001055102      260     5660 SH		SOLE		      5660	0	0
AGCO CORP			COM		001084102      307     6504 SH		SOLE		      6504	0	0
AGILENT TECHNOLOGIES INC	COM		00846U101    10920   245333 SH		SOLE		    245333	0	0
AIR PRODS & CHEMS INC		COM		009158106     1295    14110 SH		SOLE		     14110	0	0
AIRGAS INC			COM		009363102     2555    28723 SH		SOLE		     28723	0	0
ALLIANCE DATA SYSTEMS CORP	COM		018581108    19763   156900 SH		SOLE		    156900	0	0
AMERICAN CAPITAL AGENCY CORP	COM		02503X105    10653   360641 SH		SOLE		    360641	0	0
AMERICAN ELEC PWR INC		COM		025537101      390    10109 SH		SOLE		     10109	0	0
AMERICAN EXPRESS CO		COM		025816109     2869    49581 SH		SOLE		     49581	0	0
AMERIPRISE FINL INC		COM		03076C106     2061    36067 SH		SOLE		     36067	0	0
AMERISOURCEBERGEN CORP		COM		03073E105     7455   187965 SH		SOLE		    187965	0	0
AMGEN INC			COM		031162100     3320    48840 SH		SOLE		     48840	0	0
AMTRUST FINANCIAL SERVICES I	COM		032359309      856    31839 SH		SOLE		     31839	0	0
ANIXTER INTL INC		COM		035290105      369     5090 SH		SOLE		      5090	0	0
ANNALY CAP MGMT INC		COM		035710409      637    40234 SH		SOLE		     40234	0	0
APACHE CORP			COM		037411105    16023   159531 SH		SOLE		    159531	0	0
APPLE INC			COM		037833100    30656    51132 SH		SOLE		     51132	0	0
ARCTIC CAT INC			COM		039670104      469    10947 SH		SOLE		     10947	0	0
ARROW ELECTRS INC		COM		042735100     1162    27683 SH		SOLE		     27683	0	0
ASCENA RETAIL GROUP INC		COM		04351G101      461    12632 SH		SOLE		     12632	0	0
ASHFORD HOSPITALITY TR INC	COM SHS		044103109      426    47260 SH		SOLE		     47260	0	0
ASTEC INDS INC			COM		046224101      317     8702 SH		SOLE		      8702	0	0
ASTRONICS CORP			COM		046433108      369    10563 SH		SOLE		     10563	0	0
AT^T INC			COM		00206R102     2152    68900 SH		SOLE		     68900	0	0
ATWOOD OCEANICS INC		COM		050095108      330     7355 SH		SOLE		      7355	0	0
AVISTA CORP			COM		05379B107      374    14633 SH		SOLE		     14633	0	0
AVIVA PLC			ADR		05382A104      636    59917 SH		SOLE		     59917	0	0
BANK OF THE OZARKS INC		COM		063904106      377    12074 SH		SOLE		     12074	0	0
BAXTER INTL INC			COM		071813109     1254    20979 SH		SOLE		     20979	0	0
BB^T CORP			COM		054937107     5337   170013 SH		SOLE		    170013	0	0
BCE INC				COM NEW		05534B760    10744   268205 SH		SOLE		    268205	0	0
BED BATH & BEYOND INC		COM		075896100     1518    23075 SH		SOLE		     23075	0	0
BGC PARTNERS INC		CL A		05541T101      382    51567 SH		SOLE		     51567	0	0
BLACKROCK GLOBAL OPP EQTY TR	COM		092501105      187    12191 SH		SOLE		     12191	0	0
BLACKROCK INC			COM		09247X101     4919    24005 SH		SOLE		     24005	0	0
BOEING CO			COM		097023105      394     5301 SH		SOLE		      5301	0	0
BORGWARNER INC			COM		099724106     3563    42240 SH		SOLE		     42240	0	0
BUCKEYE TECHNOLOGIES INC	COM		118255108      301     8849 SH		SOLE		      8849	0	0
CA INC				COM		12673P105    15513   562884 SH		SOLE		    562884	0	0
CABELAS INC			COM		126804301      437    11451 SH		SOLE		     11451	0	0
CACI INTL INC			CL A		127190304      319     5119 SH		SOLE		      5119	0	0
CANON INC			ADR		138006309     1041    21842 SH		SOLE		     21842	0	0
CANTEL MEDICAL CORP		COM		138098108      405    16148 SH		SOLE		     16148	0	0
CARDINAL HEALTH INC		COM		14149Y108    11170   259114 SH		SOLE		    259114	0	0
CATALYST HEALTH SOLUTIONS IN	COM		14888B103      314     4928 SH		SOLE		      4928	0	0
CATERPILLAR INC DEL		COM		149123101     4166    39109 SH		SOLE		     39109	0	0
CELGENE CORP			COM		151020104     3672    47367 SH		SOLE		     47367	0	0
CENTENE CORP DEL		COM		15135B101      363     7415 SH		SOLE		      7415	0	0
CF INDS HLDGS INC		COM		125269100     1185     6487 SH		SOLE		      6487	0	0
CHEVRON CORP NEW		COM		166764100    16941   158012 SH		SOLE		    158012	0	0
CHUBB CORP			COM		171232101     2592    37501 SH		SOLE		     37501	0	0
CIGNA CORPORATION		COM		125509109     6321   128345 SH		SOLE		    128345	0	0
CISCO SYS INC			COM		17275R102    14893   704184 SH		SOLE		    704184	0	0
CITIGROUP INC			COM NEW		172967424     1658    45351 SH		SOLE		     45351	0	0
COACH INC			COM		189754104     3595    46513 SH		SOLE		     46513	0	0
COCA COLA CO			COM		191216100     3980    53778 SH		SOLE		     53778	0	0
COCA COLA ENTERPRISES INC NE	COM		19122T109     1671    58411 SH		SOLE		     58411	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A		192446102      603     7840 SH		SOLE		      7840	0	0
COLONY FINL INC			COM		19624R106      346    21152 SH		SOLE		     21152	0	0
COMMUNITY BK SYS INC		COM		203607106      388    13477 SH		SOLE		     13477	0	0
COMMUNITY TR BANCORP INC	COM		204149108      374    11673 SH		SOLE		     11673	0	0
COMPANIA CERVECERIAS UNIDAS	SPONSORED ADR	204429104     1023    12998 SH		SOLE		     12998	0	0
CONOCOPHILLIPS			COM		20825C104    17101   224982 SH		SOLE		    224982	0	0
CONSOL ENERGY INC		COM		20854P109     1397    40968 SH		SOLE		     40968	0	0
CONSOLIDATED COMM HLDGS INC	COM		209034107      244    12406 SH		SOLE		     12406	0	0
CORN PRODS INTL INC		COM		219023108    10792   187196 SH		SOLE		    187196	0	0
COSTCO WHSL CORP NEW		COM		22160K105      377     4150 SH		SOLE		      4150	0	0
COVIDIEN PLC			SHS		G2554F113    11254   205825 SH		SOLE		    205825	0	0
CROWN HOLDINGS INC		COM		228368106     2292    62244 SH		SOLE		     62244	0	0
CUMMINS INC			COM		231021106    17796   148250 SH		SOLE		    148250	0	0
CVS CAREMARK CORPORATION	COM		126650100    17311   386401 SH		SOLE		    386401	0	0
DANAHER CORP DEL		COM		235851102      457     8160 SH		SOLE		      8160	0	0
DAVITA INC			COM		23918K108     5803    64354 SH		SOLE		     64354	0	0
DEERE & CO			COM		244199105    12069   149189 SH		SOLE		    149189	0	0
DELUXE CORP			COM		248019101     1631    69640 SH		SOLE		     69640	0	0
DIGITAL RLTY TR INC		COM		253868103     1858    25117 SH		SOLE		     25117	0	0
DIRECTV				COM CL A	25490A101     1619    32806 SH		SOLE		     32806	0	0
DISCOVER FINL SVCS		COM		254709108    14896   446783 SH		SOLE		    446783	0	0
DOMTAR CORP			COM NEW		257559203     1457    15278 SH		SOLE		     15278	0	0
DOVER CORP			COM		260003108      229     3632 SH		SOLE		      3632	0	0
DSW INC				CL A		23334L102      434     7916 SH		SOLE		      7916	0	0
DTE ENERGY CO			COM		233331107     1538    27945 SH		SOLE		     27945	0	0
DU PONT E I DE NEMOURS & CO	COM		263534109    13056   246808 SH		SOLE		    246808	0	0
DXP ENTERPRISES INC NEW		COM NEW		233377407      388     8933 SH		SOLE		      8933	0	0
DYCOM INDS INC			COM		267475101      348    14907 SH		SOLE		     14907	0	0
E M C CORP MASS			COM		268648102    19201   642607 SH		SOLE		    642607	0	0
EASTMAN CHEM CO			COM		277432100     2716    52535 SH		SOLE		     52535	0	0
EATON CORP			COM		278058102      227     4563 SH		SOLE		      4563	0	0
ELIZABETH ARDEN INC		COM		28660G106      354    10109 SH		SOLE		     10109	0	0
ENDO PHARMACEUTICALS HLDGS I	COM		29264F205      711    18362 SH		SOLE		     18362	0	0
ENSIGN GROUP INC		COM		29358P101      321    11802 SH		SOLE		     11802	0	0
EOG RES INC			COM		26875P101      407     3660 SH		SOLE		      3660	0	0
EXXON MOBIL CORP		COM		30231G102    16032   184847 SH		SOLE		    184847	0	0
F M C CORP			COM NEW		302491303     3267    30865 SH		SOLE		     30865	0	0
FEI CO				COM		30241L109      368     7500 SH		SOLE		      7500	0	0
FIFTH THIRD BANCORP		COM		316773100    14881  1059491 SH		SOLE		   1059491	0	0
FIRST MERCHANTS CORP		COM		320817109      439    35549 SH		SOLE		     35549	0	0
FOOT LOCKER INC			COM		344849104    10236   329675 SH		SOLE		    329675	0	0
GENERAL ELECTRIC CO		COM		369604103    11056   550897 SH		SOLE		    550897	0	0
GENERAL MLS INC			COM		370334104     1153    29230 SH		SOLE		     29230	0	0
GENESCO INC			COM		371532102      422     5887 SH		SOLE		      5887	0	0
GEORESOURCES INC		COM		372476101      357    10909 SH		SOLE		     10909	0	0
GLOBAL X FDS			FTSE COLUMBIA20	37950E200      231    10883 SH		SOLE		     10883	0	0
GLOBAL X FDS			GLOB X NOR ETF	37950E747      280    19141 SH		SOLE		     19141	0	0
GOOGLE INC			CL A		38259P508     4630     7220 SH		SOLE		      7220	0	0
GT ADVANCED TECHNOLOGIES INC	COM		36191U106      155    18790 SH		SOLE		     18790	0	0
HANGER ORTHOPEDIC GROUP INC	COM NEW		41043F208      321    14674 SH		SOLE		     14674	0	0
HCP INC				COM		40414L109     1390    35216 SH		SOLE		     35216	0	0
HEARTLAND PMT SYS INC		COM		42235N108      360    12473 SH		SOLE		     12473	0	0
HEINZ H J CO			COM		423074103     1598    29845 SH		SOLE		     29845	0	0
HELIX ENERGY SOLUTIONS GRP I	COM		42330P107      328    18438 SH		SOLE		     18438	0	0
HELMERICH & PAYNE INC		COM		423452101     8190   151806 SH		SOLE		    151806	0	0
HERBALIFE LTD			COM USD SHS	G4412G101      766    11124 SH		SOLE		     11124	0	0
HOME DEPOT INC			COM		437076102     4055    80600 SH		SOLE		     80600	0	0
HONEYWELL INTL INC		COM		438516106     3551    58173 SH		SOLE		     58173	0	0
HSN INC				COM		404303109      381    10023 SH		SOLE		     10023	0	0
HUMANA INC			COM		444859102      413     4469 SH		SOLE		      4469	0	0
INNOPHOS HOLDINGS INC		COM		45774N108      399     7958 SH		SOLE		      7958	0	0
INTEL CORP			COM		458140100    17621   626731 SH		SOLE		    626731	0	0
INTERNATIONAL BUSINESS MACHS	COM		459200101    22643   108519 SH		SOLE		    108519	0	0
INTL PAPER CO			COM		460146103    12068   343807 SH		SOLE		    343807	0	0
ISHARES INC			MSCI CDA INDEX	464286509      358    12638 SH		SOLE		     12638	0	0
ISHARES INC		       MSCI CHILE INVES	464286640      232     3395 SH		SOLE		      3395	0	0
ISHARES INC			MSCI FRANCE	464286707      297    13441 SH		SOLE		     13441	0	0
ISHARES INC			MSCI GERMAN	464286806      338    14525 SH		SOLE		     14525	0	0
ISHARES INC			MSCI HONG KONG	464286871      342    19602 SH		SOLE		     19602	0	0
ISHARES INC			MSCI JAPAN	464286848      412    40516 SH		SOLE		     40516	0	0
ISHARES INC			MSCI MALAYSIA	464286830      252    17255 SH		SOLE		     17255	0	0
ISHARES INC		       MSCI NETHR INVES	464286814      295    15554 SH		SOLE		     15554	0	0
ISHARES INC			MSCI SINGAPORE	464286673      363    28191 SH		SOLE		     28191	0	0
ISHARES INC			MSCI S KOREA	464286772      381     6403 SH		SOLE		      6403	0	0
ISHARES INC			MSCI SWEDEN	464286756      347    11966 SH		SOLE		     11966	0	0
ISHARES INC			MSCI SWITZERLD	464286749      361    14426 SH		SOLE		     14426	0	0
ISHARES INC			MSCI THAILAND	464286624      307     4217 SH		SOLE		      4217	0	0
ISHARES INC			MSCI UTD KINGD	464286699      411    23766 SH		SOLE		     23766	0	0
ISHARES TR			MSCI PERU CAP	464289842      293     6274 SH		SOLE		      6274	0	0
ISHARES TR			S^P 500 INDEX	464287200      280     1980 SH		SOLE		      1980	0	0
ISHARES TR			S^P MC 400 GRW	464287606      701     6238 SH		SOLE		      6238	0	0
JABIL CIRCUIT INC		COM		466313103     4974   198021 SH		SOLE		    198021	0	0
JAZZ PHARMACEUTICALS PLC	SHS USD 	G50871105     1689    34852 SH		SOLE		     34852	0	0
JOHNSON & JOHNSON		COM		478160104     1781    27000 SH		SOLE		     27000	0	0
JPMORGAN CHASE & CO		COM		46625H100    16126   350718 SH		SOLE		    350718	0	0
KADANT INC			COM		48282T104      337    14138 SH		SOLE		     14138	0	0
KIMBERLY CLARK CORP		COM		494368103     3975    53789 SH		SOLE		     53789	0	0
KLA-TENCOR CORP			COM		482480100    12950   237972 SH		SOLE		    237972	0	0
KRAFT FOODS INC			CL A		50075N104    15460   406746 SH		SOLE		    406746	0	0
KROGER CO			COM		501044101    14148   583895 SH		SOLE		    583895	0	0
KT CORP				SPONSORED ADR	48268K101      921    67262 SH		SOLE		     67262	0	0
LILLY ELI & CO			COM		532457108      393     9748 SH		SOLE		      9748	0	0
LOCKHEED MARTIN CORP		COM		539830109    12501   139111 SH		SOLE		    139111	0	0
LTC PPTYS INC			COM		502175102      397    12415 SH		SOLE		     12415	0	0
MACYS INC			COM		55616P104    18970   477483 SH		SOLE		    477483	0	0
MAIDEN HOLDINGS LTD		SHS		G5753U112      328    36466 SH		SOLE		     36466	0	0
MANHATTAN ASSOCS INC		COM		562750109      351     7378 SH		SOLE		      7378	0	0
MARATHON PETE CORP		COM		56585A102     9013   207863 SH		SOLE		    207863	0	0
MARKET VECTORS ETF TR		INDONESIA ETF	57060U753      240     8045 SH		SOLE		      8045	0	0
MARKET VECTORS ETF TR		RUSSIA ETF	57060U506      235     7599 SH		SOLE		      7599	0	0
MASTERCARD INC			CL A		57636Q104     4678    11123 SH		SOLE		     11123	0	0
MATTEL INC			COM		577081102    13214   392579 SH		SOLE		    392579	0	0
MCDONALDS CORP			COM		580135101      224     2281 SH		SOLE		      2281	0	0
MCKESSON CORP			COM		58155Q103      525     5979 SH		SOLE		      5979	0	0
MERCK & CO INC NEW		COM		58933Y105    12808   333530 SH		SOLE		    333530	0	0
MICROSOFT CORP			COM		594918104    19100   592163 SH		SOLE		    592163	0	0
MTS SYS CORP			COM		553777103      361     6794 SH		SOLE		      6794	0	0
MWI VETERINARY SUPPLY INC	COM		55402X105      359     4076 SH		SOLE		      4076	0	0
MYLAN INC			COM		628530107      422    17986 SH		SOLE		     17986	0	0
NASDAQ OMX GROUP INC		COM		631103108     1499    57891 SH		SOLE		     57891	0	0
NATIONAL OILWELL VARCO INC	COM		637071101     4009    50444 SH		SOLE		     50444	0	0
NEWMARKET CORP			COM		651587107      243     1297 SH		SOLE		      1297	0	0
NEXTERA ENERGY INC		COM		65339F101    10961   179453 SH		SOLE		    179453	0	0
NISOURCE INC			COM		65473P105     1464    60143 SH		SOLE		     60143	0	0
NOBLE ENERGY INC		COM		655044105     4839    49488 SH		SOLE		     49488	0	0
NORFOLK SOUTHERN CORP		COM		655844108     1444    21930 SH		SOLE		     21930	0	0
NORTHEAST UTILS			COM		664397106     2153    57994 SH		SOLE		     57994	0	0
NU SKIN ENTERPRISES INC		CL A		67018T105     1352    23352 SH		SOLE		     23352	0	0
OCCIDENTAL PETE CORP DEL	COM		674599105     2103    22083 SH		SOLE		     22083	0	0
OIL STS INTL INC		COM		678026105     9516   121901 SH		SOLE		    121901	0	0
OMEGA HEALTHCARE INVS INC	COM		681936100      455    21416 SH		SOLE		     21416	0	0
ONEOK INC NEW			COM		682680103     1911    23400 SH		SOLE		     23400	0	0
ORACLE CORP			COM		68389X105     2149    73706 SH		SOLE		     73706	0	0
OSI SYSTEMS INC			COM		671044105      353     5756 SH		SOLE		      5756	0	0
PARAMETRIC TECHNOLOGY CORP	COM NEW		699173209      477    17089 SH		SOLE		     17089	0	0
PARKER HANNIFIN CORP		COM		701094104     2578    30485 SH		SOLE		     30485	0	0
PEPSICO INC			COM		713448108      207     3117 SH		SOLE		      3117	0	0
PERFICIENT INC			COM		71375U101      337    28091 SH		SOLE		     28091	0	0
PERRIGO CO			COM		714290103     2876    27837 SH		SOLE		     27837	0	0
PHILIP MORRIS INTL INC		COM		718172109    18994   214351 SH		SOLE		    214351	0	0
PLAINS EXPL& PRODTN CO		COM		726505100     2338    54807 SH		SOLE		     54807	0	0
PNC FINL SVCS GROUP INC		COM		693475105     3270    50701 SH		SOLE		     50701	0	0
PORTLAND GEN ELEC CO		COM NEW		736508847     1020    40822 SH		SOLE		     40822	0	0
POSCO				SPONSORED ADR	693483109      913    10912 SH		SOLE		     10912	0	0
PRAXAIR INC			COM		74005P104      349     3045 SH		SOLE		      3045	0	0
PRUDENTIAL FINL INC		COM		744320102    13961   220233 SH		SOLE		    220233	0	0
PVH CORP			COM		693656100     2728    30536 SH		SOLE		     30536	0	0
QUALCOMM INC			COM		747525103     8204   120547 SH		SOLE		    120547	0	0
RAYONIER INC			COM		754907103      219     4957 SH		SOLE		      4957	0	0
ROCK-TENN CO			CL A		772739207      360     5332 SH		SOLE		      5332	0	0
ROSS STORES INC			COM		778296103    11274   194047 SH		SOLE		    194047	0	0
ROYAL DUTCH SHELL PLC		SPONS ADR A	780259206      673     9599 SH		SOLE		      9599	0	0
SANOFI				SPONSORED ADR	80105N105      867    22383 SH		SOLE		     22383	0	0
SCHWEITZER-MAUDUIT INTL INC	COM		808541106      293     4248 SH		SOLE		      4248	0	0
SEADRILL LIMITED		SHS		G7945E105     5893   157108 SH		SOLE		    157108	0	0
SEAGATE TECHNOLOGY PLC		SHS		G7945M107     6108   226587 SH		SOLE		    226587	0	0
SIRONA DENTAL SYSTEMS INC	COM		82966C103      533    10351 SH		SOLE		     10351	0	0
SPDR S^P MIDCAP 400 ETF TR	UTSER1 S^PDCRP	78467Y107      349     1932 SH		SOLE		      1932	0	0
SPECTRA ENERGY CORP		COM		847560109     1702    53941 SH		SOLE		     53941	0	0
STANDARD MTR PRODS INC		COM		853666105      339    19115 SH		SOLE		     19115	0	0
STARBUCKS CORP			COM		855244109      414     7409 SH		SOLE		      7409	0	0
STONE ENERGY CORP		COM		861642106      296    10336 SH		SOLE		     10336	0	0
SYNNEX CORP			COM		87162W100      302     7915 SH		SOLE		      7915	0	0
TE CONNECTIVITY LTD		REG SHS		H84989104     1254    34111 SH		SOLE		     34111	0	0
TELEDYNE TECHNOLOGIES INC	COM		879360105      342     5422 SH		SOLE		      5422	0	0
TENNECO INC			COM		880349105      412    11090 SH		SOLE		     11090	0	0
TERADATA CORP DEL		COM		88076W103     4641    68096 SH		SOLE		     68096	0	0
TEVA PHARMACEUTICAL INDS LTD	ADR		881624209      996    22111 SH		SOLE		     22111	0	0
TEXTAINER GROUP HOLDINGS LTD	SHS		G8766E109     2076    61252 SH		SOLE		     61252	0	0
THOMAS & BETTS CORP		COM		884315102      399     5549 SH		SOLE		      5549	0	0
TIME WARNER INC			COM NEW		887317303      401    10616 SH		SOLE		     10616	0	0
TIMKEN CO			COM		887389104    10457   206081 SH		SOLE		    206081	0	0
TITAN INTL INC ILL		COM		88830M102      354    14948 SH		SOLE		     14948	0	0
TJX COS INC NEW			COM		872540109     5468   137688 SH		SOLE		    137688	0	0
TORCHMARK CORP			COM		891027104    11862   237948 SH		SOLE		    237948	0	0
TOYOTA MOTOR CORP		SP ADR REP2COM	892331307      945    10888 SH		SOLE		     10888	0	0
TRANSDIGM GROUP INC		COM		893641100     3859    33335 SH		SOLE		     33335	0	0
TRIANGLE CAP CORP		COM		895848109      419    21208 SH		SOLE		     21208	0	0
TRIUMPH GROUP INC NEW		COM		896818101     2042    32585 SH		SOLE		     32585	0	0
TYCO INTERNATIONAL LTD		SHS		H89128104     2123    37794 SH		SOLE		     37794	0	0
UIL HLDG CORP			COM		902748102      391    11242 SH		SOLE		     11242	0	0
UNION PAC CORP			COM		907818108    17182   159862 SH		SOLE		    159862	0	0
UNITED TECHNOLOGIES CORP	COM		913017109     2880    34720 SH		SOLE		     34720	0	0
UNITEDHEALTH GROUP INC		COM		91324P102    15077   255809 SH		SOLE		    255809	0	0
UNUM GROUP			COM		91529Y106     1179    48145 SH		SOLE		     48145	0	0
US BANCORP DEL			COM NEW		902973304      401    12646 SH		SOLE		     12646	0	0
V F CORP			COM		918204108      651     4459 SH		SOLE		      4459	0	0
VERIZON COMMUNICATIONS INC	COM		92343V104    13653   357118 SH		SOLE		    357118	0	0
VIACOM INC NEW			CL B		92553P201    15896   334945 SH		SOLE		    334945	0	0
VIROPHARMA INC			COM		928241108      302    10051 SH		SOLE		     10051	0	0
VISA INC			COM CL A	92826C839      417     3532 SH		SOLE		      3532	0	0
VODAFONE GROUP PLC NEW		SPONS ADR NEW	92857W209     1003    36255 SH		SOLE		     36255	0	0
WAL MART STORES INC		COM		931142103    16330   266833 SH		SOLE		    266833	0	0
WALTER INVT MGMT CORP		COM		93317W102      417    18511 SH		SOLE		     18511	0	0
WATERS CORP			COM		941848103      322     3478 SH		SOLE		      3478	0	0
WATSON PHARMACEUTICALS INC	COM		942683103     1683    25100 SH		SOLE		     25100	0	0
WELLS FARGO & CO NEW		COM		949746101    15627   457732 SH		SOLE		    457732	0	0
WISCONSIN ENERGY CORP		COM		976657106     1581    44954 SH		SOLE		     44954	0	0
WORLD ACCEP CORP DEL		COM		981419104      354     5774 SH		SOLE		      5774	0	0
WYNDHAM WORLDWIDE CORP		COM		98310W108    16653   358046 SH		SOLE		    358046	0	0
XCEL ENERGY INC			COM		98389B100    10591   400096 SH		SOLE		    400096	0	0