Quantitative Investment Management

Quantitative Investment Management as of Dec. 31, 2012

Portfolio Holdings for Quantitative Investment Management

Quantitative Investment Management holds 0 positions in its portfolio as reported in the December 2012 quarterly 13F filing

                Other       Sole
      Name of Issuer/Title of Class            Cusip        Value       Shares     Discretion   Managers   Authority   Shared   None
-----------------------------------------   ----------   ----------   ----------   ----------   --------   ---------   ------   ----
{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
ABB LTD ADS                                 000375204        584199        28100   SOLE         (None)         28100        0      0
Abbott Laboratories                         002824100       4925600        75200   SOLE         (None)         75200        0      0
Abercrombie & Fitch Co Cl A                 002896207      11090664       231200   SOLE         (None)        231200        0      0
Acme Packet Inc                             004764106       3010532       136100   SOLE         (None)        136100        0      0
Adobe Systems Inc                           00724F101      14137536       375200   SOLE         (None)        375200        0      0
ADVANCE AUTO PARTS INC                      00751Y106       2090915        28900   SOLE         (None)         28900        0      0
Advanced Micro Devices                      007903107       3914640      1631100   SOLE         (None)       1631100        0      0
Aecom Technology Corp                       00766T100        402220        16900   SOLE         (None)         16900        0      0
Aetna Inc                                   00817Y108       7831021       169100   SOLE         (None)        169100        0      0
AGCO Corp                                   001084102        800656        16300   SOLE         (None)         16300        0      0
Agilent Technologies Inc                    00846U101       6394828       156200   SOLE         (None)        156200        0      0
Agnico Eagle Mns Ltd                        008474108       3404654        64900   SOLE         (None)         64900        0      0
Agrium Inc                                  008916108       1118544        11200   SOLE         (None)         11200        0      0
Air Products & Chem                         009158106       1806430        21500   SOLE         (None)         21500        0      0
Airgas Inc                                  009363102       1414995        15500   SOLE         (None)         15500        0      0
AK Steel Holding Corp                       001547108       2312420       502700   SOLE         (None)        502700        0      0
AKAMAI TECHNOLOGIES INC                     00971T101        364099         8900   SOLE         (None)          8900        0      0
Alaska Airlines Inc                         011659109        607569        14100   SOLE         (None)         14100        0      0
Albemarle Corp                              012653101        291964         4700   SOLE         (None)          4700        0      0
Alliant Techsystems Inc                     018804104        359368         5800   SOLE         (None)          5800        0      0
Allied Nevada Gold Corp                     019344100        626704        20800   SOLE         (None)         20800        0      0
Allscript Health                            01988P108       1243440       132000   SOLE         (None)        132000        0      0
ALPHA NATURAL RESOURCES INC                 02076X102      12433110      1276500   SOLE         (None)       1276500        0      0
Altera Corp                                 021441100        649971        18900   SOLE         (None)         18900        0      0
Amer Intl Group                             026874784      16146220       457400   SOLE         (None)        457400        0      0
AMERICA MOVIL SA DE CV ADS L                02364W105       2894814       125100   SOLE         (None)        125100        0      0
American Capital Agency Corp                02503X105       7693180       266200   SOLE         (None)        266200        0      0
American Electric Power                     025537101       1865116        43700   SOLE         (None)         43700        0      0
American Tower Corp Cl A                    03027X100       3515785        45500   SOLE         (None)         45500        0      0
Amerisource Bergen Corp                     03073E105       5609082       129900   SOLE         (None)        129900        0      0
Amphenol Cp                                 032095101        588770         9100   SOLE         (None)          9100        0      0
Analog Devices Inc                          032654105       2149266        51100   SOLE         (None)         51100        0      0
Annaly Capital Management Inc               035710409        888732        63300   SOLE         (None)         63300        0      0
Aon Plc                                     G0408V102        506051         9100   SOLE         (None)          9100        0      0
Apartment Invest & Manage Co                03748R101        411312        15200   SOLE         (None)         15200        0      0<br /><br />{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
Apollo Group Inc cl A                       037604105       3617068       172900   SOLE         (None)        172900        0      0
APOLLO INVT CORP                            03761U106        326876        39100   SOLE         (None)         39100        0      0
Arcelormittal                               03938L104       3934244       225200   SOLE         (None)        225200        0      0
Arch Capital Group Ltd                      G0450A105        607476        13800   SOLE         (None)         13800        0      0
Arch Coal Inc                               039380100       6575556       898300   SOLE         (None)        898300        0      0
Archer-Daniels Midland                      039483102       9055134       330600   SOLE         (None)        330600        0      0
Armour Resd Reit                            042315101       2024463       312900   SOLE         (None)        312900        0      0
Arris Group Inc                             04269Q100        651384        43600   SOLE         (None)         43600        0      0
Aruba Networks Inc                          043176106        319396        15400   SOLE         (None)         15400        0      0
Ashland Oil Inc                             044209104       2010250        25000   SOLE         (None)         25000        0      0
AstraZeneca                                 046353108        855587        18100   SOLE         (None)         18100        0      0
Aurico Gold Inc                             05155C105        342742        41900   SOLE         (None)         41900        0      0
Autodesk Inc                                052769106       5298965       149900   SOLE         (None)        149900        0      0
AutoNation Inc                              05329W102       1131450        28500   SOLE         (None)         28500        0      0
AUXILIUM PHARMACEUTICALS INC                05334D107        292932        15800   SOLE         (None)         15800        0      0
Avalon Bay Communities Inc                  053484101       2128763        15700   SOLE         (None)         15700        0      0
Avis Budget Group Inc                       053774105        574780        29000   SOLE         (None)         29000        0      0
Avnet Inc                                   053807103        339771        11100   SOLE         (None)         11100        0      0
Baidu Inc                                   056752108      15093645       150500   SOLE         (None)        150500        0      0
Ball Corp                                   058498106       1172450        26200   SOLE         (None)         26200        0      0
BANCO BRADESCO SA ADS                       059460303       1047411        60300   SOLE         (None)         60300        0      0
BanColombia Ads                             05968L102       1291652        19400   SOLE         (None)         19400        0      0
Bank Ny Mellon                              064058100       6990400       272000   SOLE         (None)        272000        0      0
Bank Of Montreal                            063671101        514920         8400   SOLE         (None)          8400        0      0
Barclay Banks                               06738E204        621788        35900   SOLE         (None)         35900        0      0
Bcl Ipts^P500 St                            06740C188      69441230      2183000   SOLE         (None)       2183000        0      0
BE Aerospace Inc                            073302101       1002820        20300   SOLE         (None)         20300        0      0
Beam Inc                                    073730103       2333638        38200   SOLE         (None)         38200        0      0
Bemis Co Inc                                081437105        284410         8500   SOLE         (None)          8500        0      0
Berkshire Hathaway Inc Cl B                 084670702       4323540        48200   SOLE         (None)         48200        0      0
Berry Petroleum Co Class A                  085789105        681065        20300   SOLE         (None)         20300        0      0
Best Buy Co. Inc                            086516101       6704730       565800   SOLE         (None)        565800        0      0
BHP Billiton ADS                            088606108       6571596        83800   SOLE         (None)         83800        0      0
BHP BILLITON PLC ADS US $.50                05545E209        999254        14200   SOLE         (None)         14200        0      0
Bill Barrett Corp                           06846N104       1078074        60600   SOLE         (None)         60600        0      0
Biomarin Pharma Inc                         09061G101        634680        12900   SOLE         (None)         12900        0      0
Blackberry                                  760975102      49660519      4183700   SOLE         (None)       4183700        0      0<br /><br />{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
Clorox (The) Co                             189054109        849352        11600   SOLE         (None)         11600        0      0
CMS Energy                                  125896100       1136108        46600   SOLE         (None)         46600        0      0
Cognizant Technology Solutions Corp. Cl     192446102       8038144       108800   SOLE         (None)        108800        0      0
Coinstar Inc                                19259P300        395276         7600   SOLE         (None)          7600        0      0
Commercial Metals Co                        201723103        841076        56600   SOLE         (None)         56600        0      0
Community Health                            203668108        427286        13900   SOLE         (None)         13900        0      0
Companhia de Bebidas Das Americas           20441W203       2141490        51000   SOLE         (None)         51000        0      0
Companhia Siderurgica Nacional ADR          20440W105        410640        69600   SOLE         (None)         69600        0      0
Computer Science Corp                       205363104       4109130       102600   SOLE         (None)        102600        0      0
Compuware Corp                              205638109       1363098       125400   SOLE         (None)        125400        0      0
ConAgra Foods Inc                           205887102       1823100        61800   SOLE         (None)         61800        0      0
Concho Resources Inc                        20605P101        676704         8400   SOLE         (None)          8400        0      0
Consolidated Edison Inc                     209115104       2899188        52200   SOLE         (None)         52200        0      0
COPA HOLDINGS S A                           P31076105        855270         8600   SOLE         (None)          8600        0      0
CORELOGIC INC                               21871D103        767220        28500   SOLE         (None)         28500        0      0
Corning Inc                                 219350105       5527560       438000   SOLE         (None)        438000        0      0
Correction Cp of Amer                       22025Y407        305042         8600   SOLE         (None)          8600        0      0
Costco Wholesale                            22160K105       8155098        82600   SOLE         (None)         82600        0      0
Covance Inc                                 222816100        843442        14600   SOLE         (None)         14600        0      0
Credicorp Ltd                               G2519Y108        762112         5200   SOLE         (None)          5200        0      0
Credit Suisse Group                         225401108        346296        14100   SOLE         (None)         14100        0      0
Cree Research Inc                           225447101       1525702        44900   SOLE         (None)         44900        0      0
Crown Castle International Corp             228227104        966944        13400   SOLE         (None)         13400        0      0
CTRIP.COM INTL LTD ADS                      22943F100       4189834       184900   SOLE         (None)        184900        0      0
Cummins Engines                             231021106       5233305        48300   SOLE         (None)         48300        0      0
CVS Caremark Corp                           126650100      13513825       279500   SOLE         (None)        279500        0      0
Cyclacel Pharma                             23254L306         81204        13400   SOLE         (None)         13400        0      0
Cypress Semiconductor Corp                  232806109        960424        88600   SOLE         (None)         88600        0      0
Cys Investments                             12673A108        651912        55200   SOLE         (None)         55200        0      0
Dana Corp                                   235825205       1100505        70500   SOLE         (None)         70500        0      0
Danaher Corp                                235851102       5058950        90500   SOLE         (None)         90500        0      0
Darden Restaurants                          237194105       4953193       109900   SOLE         (None)        109900        0      0
De Vry Inc                                  251893103        232554         9800   SOLE         (None)          9800        0      0
Deere & Co                                  244199105       1546918        17900   SOLE         (None)         17900        0      0
Delta Air Lines Inc                         247361702      12093156      1018800   SOLE         (None)       1018800        0      0
DENDREON CO                                 24823Q107       1947778       368200   SOLE         (None)        368200        0      0
DIAMOND FOODS                               252603105        688968        50400   SOLE         (None)         50400        0      0<br /><br />{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
Diamond Offshore Drilling                   25271C102        516496         7600   SOLE         (None)          7600        0      0
Direxion Shs ETF Trust Fincl Bll 3x Shs     25459Y694     119656176       997800   SOLE         (None)        997800        0      0
Discovery Comm A                            25470F104       2475720        39000   SOLE         (None)         39000        0      0
Dish Network A                              25470M109       1827280        50200   SOLE         (None)         50200        0      0
DOLBY LABORATORIES INC                      25659T107        733250        25000   SOLE         (None)         25000        0      0
Dollar General Corp                         256677105       9646892       218800   SOLE         (None)        218800        0      0
Dominion Resources Inc                      25746U109       1253560        24200   SOLE         (None)         24200        0      0
Domtar Corp                                 257559203       1444896        17300   SOLE         (None)         17300        0      0
Dover Cp                                    260003108        880514        13400   SOLE         (None)         13400        0      0
Dow Chemical Co                             260543103      11351063       351100   SOLE         (None)        351100        0      0
DST Systems Inc                             233326107        393900         6500   SOLE         (None)          6500        0      0
Duke Energy Corp                            26441C204       3834380        60100   SOLE         (None)         60100        0      0
Dun & Bradstreet Cp                         26483E100        676390         8600   SOLE         (None)          8600        0      0
Dupont Fabros Technology Inc                26613Q106        722384        29900   SOLE         (None)         29900        0      0
Dvt Hlthcr Prtnr                            23918K108        740551         6700   SOLE         (None)          6700        0      0
E*Trade Fincl Cp                            269246401        292665        32700   SOLE         (None)         32700        0      0
Eagle Bulk Shipping Inc                     Y2187A119         25350        16900   SOLE         (None)         16900        0      0
Eaton Vance Cp                              278265103        359905        11300   SOLE         (None)         11300        0      0
ELDORADO GOLD CP                            284902103       1863736       144700   SOLE         (None)        144700        0      0
Embraer Sa                                  29082A107        501776        17600   SOLE         (None)         17600        0      0
Emerson Electric Co                         291011104       5613760       106000   SOLE         (None)        106000        0      0
Emulex Cp                                   292475209         84680        11600   SOLE         (None)         11600        0      0
Energen                                     29265N108        568134        12600   SOLE         (None)         12600        0      0
ENERGIZER HOLDINGS INC                      29266R108       1783554        22300   SOLE         (None)         22300        0      0
Enerplus Corp                               292766102       1421712       109700   SOLE         (None)        109700        0      0
Entergy Corp                                29364G103       3066375        48100   SOLE         (None)         48100        0      0
EOG Resourses                               26875P101       1558191        12900   SOLE         (None)         12900        0      0
EQT Corporation                             26884L109        678270        11500   SOLE         (None)         11500        0      0
Ericsson Adr                                294821608        773660        76600   SOLE         (None)         76600        0      0
Everest Re Group Ltd                        G3223R108        384825         3500   SOLE         (None)          3500        0      0
EXELON CORPORATION                          30161N101      12190426       409900   SOLE         (None)        409900        0      0
Expeditors Intl Wash                        302130109       3266830        82600   SOLE         (None)         82600        0      0
Express Scripts Inc                         30219G108       7052400       130600   SOLE         (None)        130600        0      0
Fairchild Semiconductor Int'l Inc           303726103        249120        17300   SOLE         (None)         17300        0      0
FedEx Corp                                  31428X106       3265232        35600   SOLE         (None)         35600        0      0
Fidelity Natl In                            31620M106       6923709       198900   SOLE         (None)        198900        0      0
Financial Select Sector SPDR Fund           81369Y605      65214171      3978900   SOLE         (None)       3978900        0      0<br /><br />{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
Finisar Corp                                31787A507        604359        37100   SOLE         (None)         37100        0      0
First Solar Inc                             336433107      10452282       338700   SOLE         (None)        338700        0      0
Fiserv Inc                                  337738108       1209159        15300   SOLE         (None)         15300        0      0
Flir Systems                                302445101        959760        43000   SOLE         (None)         43000        0      0
Flowers Ind.                                343498101       1414816        60800   SOLE         (None)         60800        0      0
FMC Cp                                      302491303       2650956        45300   SOLE         (None)         45300        0      0
Fomento Economico Mexicano Ads              344419106       1440010        14300   SOLE         (None)         14300        0      0
Forest Lab Inc                              345838106       1204412        34100   SOLE         (None)         34100        0      0
Fortress Investment Group LLC               34958B106        103604        23600   SOLE         (None)         23600        0      0
Franklin Res Inc                            354613101        276540         2200   SOLE         (None)          2200        0      0
Freeport McMoran Copper & Gold Cl B         35671D857       6091020       178100   SOLE         (None)        178100        0      0
Frontier Communications                     35906A108       4585164      1071300   SOLE         (None)       1071300        0      0
FTI Consulting Inc                          302941109        326700         9900   SOLE         (None)          9900        0      0
GAMESTOP CP                                 36467W109       6480747       258300   SOLE         (None)        258300        0      0
Gap Inc                                     364760108        242112         7800   SOLE         (None)          7800        0      0
Gardner Denver Inc                          365558105       2219400        32400   SOLE         (None)         32400        0      0
General Dynamics                            369550108       3234909        46700   SOLE         (None)         46700        0      0
General Electric Co                         369604103      10843434       516600   SOLE         (None)        516600        0      0
General Growth Properties                   370023103       1667400        84000   SOLE         (None)         84000        0      0
General Motors Corporation                  37045V100      16583016       575200   SOLE         (None)        575200        0      0
GENWORTH FINCL INC                          37247D106       1187331       158100   SOLE         (None)        158100        0      0
Geron Corp                                  374163103        140718        99800   SOLE         (None)         99800        0      0
Gildan Activewear Inc                       375916103        274350         7500   SOLE         (None)          7500        0      0
Global Payments Inc                         37940X102        507360        11200   SOLE         (None)         11200        0      0
Goldcorp B                                  380956409       1981800        54000   SOLE         (None)         54000        0      0
GOLDEN STAR RES LTD                         38119T104         91632        49800   SOLE         (None)         49800        0      0
Goldman Sachs Group Inc                     38141G104      15868464       124400   SOLE         (None)        124400        0      0
Goodyear Tire And Rubber                    382550101       1309188        94800   SOLE         (None)         94800        0      0
GOOGLE INC CL A                             38259P508       4032066         5700   SOLE         (None)          5700        0      0
Granite Construction Inc                    387328107        265598         7900   SOLE         (None)          7900        0      0
Green Mountain Coffee Inc                   393122106       8387886       202900   SOLE         (None)        202900        0      0
Grupo Televisa Sa Gdr                       40049J206       2899878       109100   SOLE         (None)        109100        0      0
Guess? Inc                                  401617105        382824        15600   SOLE         (None)         15600        0      0
Hanwha Solarone                             41135V103         13029        12900   SOLE         (None)         12900        0      0
Harley Davidson Inc                         412822108       2744246        56200   SOLE         (None)         56200        0      0
HDFC Bank Ltd                               40415F101       1009856        24800   SOLE         (None)         24800        0      0
Health Care REIT                            42217K106       4100301        66900   SOLE         (None)         66900        0      0<br /><br />{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
Health Management Associates Inc            421933102       2713984       291200   SOLE         (None)        291200        0      0
Hecla Mining                                422704106        378950        65000   SOLE         (None)         65000        0      0
Helmerich & Payne Inc                       423452101       1713906        30600   SOLE         (None)         30600        0      0
Hess Corp                                   42809H107       7075456       133600   SOLE         (None)        133600        0      0
Hewlett-Packard Co                          428236103      32869050      2306600   SOLE         (None)       2306600        0      0
Hexcel Corp/De                              428291108        471800        17500   SOLE         (None)         17500        0      0
Highwoods Properties                        431284108        939945        28100   SOLE         (None)         28100        0      0
Hil-Rom Holdings                            431475102        327750        11500   SOLE         (None)         11500        0      0
Hollyfrontr Corp                            436106108       2276295        48900   SOLE         (None)         48900        0      0
Hologic Inc                                 436440101       1094547        54700   SOLE         (None)         54700        0      0
Honeywell International Inc                 438516106        964744        15200   SOLE         (None)         15200        0      0
HSBC Holdings plc ADS                       404280406        636840        12000   SOLE         (None)         12000        0      0
Hunt (J.B.) Transport Services Inc.         445658107       2483936        41600   SOLE         (None)         41600        0      0
IAMGOLD CP                                  450913108       1191733       103900   SOLE         (None)        103900        0      0
ICICI BANK LTD ADS                          45104G104       1386798        31800   SOLE         (None)         31800        0      0
IHS INC. CLASS A                            451734107        316800         3300   SOLE         (None)          3300        0      0
Imax Inc                                    45245E109        233792        10400   SOLE         (None)         10400        0      0
Informatica Corp                            45666Q102        263784         8700   SOLE         (None)          8700        0      0
Integrated Device Technology                458118106        357700        49000   SOLE         (None)         49000        0      0
Intl Flavor/Fragrances                      459506101        632130         9500   SOLE         (None)          9500        0      0
Int'l Game Technology                       459902102       4430959       312700   SOLE         (None)        312700        0      0
Intl Paper Co                               460146103       2159328        54200   SOLE         (None)         54200        0      0
Intl Rectifier                              460254105        228717        12900   SOLE         (None)         12900        0      0
Investment Technology Grp                   46145F105         97200        10800   SOLE         (None)         10800        0      0
IPG PHOTONICS CORP                          44980X109        266600         4000   SOLE         (None)          4000        0      0
ISHARES DJIT INDEX FD                       464287192       7689525        81500   SOLE         (None)         81500        0      0
iShares MSCI Brazil Index                   464286400      12882982       230300   SOLE         (None)        230300        0      0
ISHARES MSCI EAFE IDX FD                    464287465       1847950        32500   SOLE         (None)         32500        0      0
ISHARES MSCI EMERG MKTS IDX FD              464287234     351970470      7936200   SOLE         (None)       7936200        0      0
iShares MSCI Japan Index                    464286848     116727000     11972000   SOLE         (None)      11972000        0      0
iShares MSCI Mexico Investable Market Fu    464286822      16997730       241000   SOLE         (None)        241000        0      0
ISHARES MSCI PAC EX-JAP IDX FD              464286665      10545218       223700   SOLE         (None)        223700        0      0
ISHARES TR DJ US FINCL SECT                 464287788        576650         9500   SOLE         (None)          9500        0      0
ISHARES TR LEH 20+ YR TRES BD               464287432      60468820       499000   SOLE         (None)        499000        0      0
ISHARES TR S^P LAT AMER 40 IDX              464287390       5050368       115200   SOLE         (None)        115200        0      0
Ishr Ftse Chin25                            464287184      56512695      1397100   SOLE         (None)       1397100        0      0
ITT Corp                                    450911201        286212        12200   SOLE         (None)         12200        0      0<br /><br />{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
ITT Educational Service                     45068B109        870693        50300   SOLE         (None)         50300        0      0
Ja Solar Hol Drc                            466090206         94794        22200   SOLE         (None)         22200        0      0
JAMES RIVER COAL CO                         470355207        548268       170800   SOLE         (None)        170800        0      0
JDS Uniphase Cp                             46612J507        357750        26500   SOLE         (None)         26500        0      0
JETBLUE AIRWAYS CP                          477143101       1348776       235800   SOLE         (None)        235800        0      0
Johnson Controls                            478366107        441648        14400   SOLE         (None)         14400        0      0
Joy Global Inc                              481165108        318900         5000   SOLE         (None)          5000        0      0
JP Morgan Chase & Co                        46625H100      27428486       623800   SOLE         (None)        623800        0      0
Juniper Networks                            48203R104       7808990       397000   SOLE         (None)        397000        0      0
K L A - Tencor Corp                         482480100        816696        17100   SOLE         (None)         17100        0      0
Kansas City Sthrn Ind.                      485170302        400704         4800   SOLE         (None)          4800        0      0
Kellogg Co                                  487836108       4535020        81200   SOLE         (None)         81200        0      0
Kemet Corp                                  488360207         56839        11300   SOLE         (None)         11300        0      0
Keryx Biopharma                             492515101         50042        19100   SOLE         (None)         19100        0      0
Key Corp                                    493267108        713174        84700   SOLE         (None)         84700        0      0
Kimco Realty Corp                           49446R109        382536        19800   SOLE         (None)         19800        0      0
Kohls Corp                                  500255104       8883966       206700   SOLE         (None)        206700        0      0
Kroger Co (The)                             501044101       3770298       144900   SOLE         (None)        144900        0      0
L-3 Comm Holdings Inc                       502424104        697242         9100   SOLE         (None)          9100        0      0
Lam Research Cp                             512807108       3641904       100800   SOLE         (None)        100800        0      0
Landstar Systems Inc                        515098101       1384944        26400   SOLE         (None)         26400        0      0
LAZARD LTD                                  G54050102        334208        11200   SOLE         (None)         11200        0      0
Leucadia Natl Corp                          527288104       1289418        54200   SOLE         (None)         54200        0      0
Lexmark Intl Inc                            529771107       1551411        66900   SOLE         (None)         66900        0      0
LG Display Co                               50186V102        865904        59800   SOLE         (None)         59800        0      0
Liberty Global Inc CL A                     530555101       1441784        22900   SOLE         (None)         22900        0      0
Lilly (Eli) & Co                            532457108       8640864       175200   SOLE         (None)        175200        0      0
Limelight Networks Inc                      53261M104         41736        18800   SOLE         (None)         18800        0      0
LINN ENERGY LLC UTS                         536020100        592032        16800   SOLE         (None)         16800        0      0
Lockheed Martin Corp                        539830109       3654684        39600   SOLE         (None)         39600        0      0
Lorillard Inc                               544147101       2951751        25300   SOLE         (None)         25300        0      0
Lowe's Cos                                  548661107       8560320       241000   SOLE         (None)        241000        0      0
Lyondelbasl A                               N53745100       4430184        77600   SOLE         (None)         77600        0      0
Magellan Midstreet                          559080106        259140         6000   SOLE         (None)          6000        0      0
Manpower Group                              56418H100       1243492        29300   SOLE         (None)         29300        0      0
Manulife Financial Corp                     56501R106        398187        29300   SOLE         (None)         29300        0      0
Market Vectors Junior Gold Miners ETF       57060U589       3126820       158000   SOLE         (None)        158000        0      0<br /><br />{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
Martin Marietta Materials Inc               573284106        895660         9500   SOLE         (None)          9500        0      0
MASTERCARD INCORPORATED                     57636Q104       9579960        19500   SOLE         (None)         19500        0      0
Materials Select Sector SPDR Fund           81369Y100      14047468       374200   SOLE         (None)        374200        0      0
Maxim Integrated Prod Inc                   57772K101        543900        18500   SOLE         (None)         18500        0      0
MBIA Inc                                    55262C100       1470305       187300   SOLE         (None)        187300        0      0
Mc Kesson Corp                              58155Q103       8648832        89200   SOLE         (None)         89200        0      0
McGraw-Hill Cos                             580645109       5762218       105400   SOLE         (None)        105400        0      0
Mead Johnson Nutrition                      582839106       2200726        33400   SOLE         (None)         33400        0      0
Meadwestvaco Corp                           583334107        752132        23600   SOLE         (None)         23600        0      0
Mednax Inc                                  58502B106        469168         5900   SOLE         (None)          5900        0      0
Melco Crown Adr                             585464100        495096        29400   SOLE         (None)         29400        0      0
MELLANOX TECHNOLOGIE                        M51363113       5207626        87700   SOLE         (None)         87700        0      0
MEMC Electronic Materials                   552715104        386163       120300   SOLE         (None)        120300        0      0
Meritor Inc                                 59001K100        237446        50200   SOLE         (None)         50200        0      0
METLIFE INC                                 59156R108        998082        30300   SOLE         (None)         30300        0      0
MetroPcs Communications Inc                 591708102       4871594       490100   SOLE         (None)        490100        0      0
Mettler Toledo Intl Inc                     592688105        599230         3100   SOLE         (None)          3100        0      0
Mgm Resorts Int                             552953101       6418296       551400   SOLE         (None)        551400        0      0
Micron Technology                           595112103       6313372       995800   SOLE         (None)        995800        0      0
Microsemi Cp                                595137100        269312        12800   SOLE         (None)         12800        0      0
MKT VECT GOLD MNRS                          57060U100      20453351       440900   SOLE         (None)        440900        0      0
MOBILE TELESYSTEMS OJSC ADS                 607409109       1057455        56700   SOLE         (None)         56700        0      0
Mohawk Industries Inc                       608190104       3148356        34800   SOLE         (None)         34800        0      0
Molson Coors Brew                           60871R209       1086866        25400   SOLE         (None)         25400        0      0
Molycorp Inc                                608753109       5490304       581600   SOLE         (None)        581600        0      0
MONSANTO CO                                 61166W101       7070355        74700   SOLE         (None)         74700        0      0
MOODYS CP                                   615369105        528360        10500   SOLE         (None)         10500        0      0
Morgan Stanley Dean Witter                  617446448        912024        47700   SOLE         (None)         47700        0      0
Mosaic Company                              61945C103       2146277        37900   SOLE         (None)         37900        0      0
Motorola Solutions Inc                      620076307       1531200        27500   SOLE         (None)         27500        0      0
MSC Industrial Direct                       553530106        716110         9500   SOLE         (None)          9500        0      0
Murphy Oil Corp                             626717102       7050720       118400   SOLE         (None)        118400        0      0
NASDAQ OMX Grp                              631103108       1971711        78900   SOLE         (None)         78900        0      0
NCR Inc                                     62886E108        422968        16600   SOLE         (None)         16600        0      0
NETFLIX INC                                 64110L106       6749811        72900   SOLE         (None)         72900        0      0
Netsuite Inc                                64118Q107        982580        14600   SOLE         (None)         14600        0      0
New Oriental Education & Technology Grou    647581107       2152844       110800   SOLE         (None)        110800        0      0<br /><br />{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
Phh Cor                                     693320202        368550        16200   SOLE         (None)         16200        0      0
Pitney Bowes Inc                            724479100       2188648       205700   SOLE         (None)        205700        0      0
Plum Creek Timber Co                        729251108        545751        12300   SOLE         (None)         12300        0      0
Posco                                       693483109        394320         4800   SOLE         (None)          4800        0      0
Potash Cp                                   73755L107       3222648        79200   SOLE         (None)         79200        0      0
PPG Industries Inc                          693506107       5996005        44300   SOLE         (None)         44300        0      0
Praxair Inc                                 74005P104       3031765        27700   SOLE         (None)         27700        0      0
Precision Castparts Cp                      740189105       2898126        15300   SOLE         (None)         15300        0      0
Precision Drilling Corp                     74022D308        331200        40000   SOLE         (None)         40000        0      0
Progressive Corp (Ohio)                     743315103       2861160       135600   SOLE         (None)        135600        0      0
Prologis                                    74340W103       1237011        33900   SOLE         (None)         33900        0      0
Protective Life Cp                          743674103        285800        10000   SOLE         (None)         10000        0      0
PRUDENTIAL FINCL INC                        744320102       2149199        40300   SOLE         (None)         40300        0      0
Public Service Electric & Gas               744573106       1416780        46300   SOLE         (None)         46300        0      0
Public Storage Inc                          74460D109       1145184         7900   SOLE         (None)          7900        0      0
Pultegroup Inc                              745867101       4895936       269600   SOLE         (None)        269600        0      0
Quanta Services Inc                         74762E102        311106        11400   SOLE         (None)         11400        0      0
Questcor Pharm                              74835Y101       3478944       130200   SOLE         (None)        130200        0      0
Quicksilver Rscs                            74837R104        536250       187500   SOLE         (None)        187500        0      0
Quiksilver Inc                              74838C106        412675        97100   SOLE         (None)         97100        0      0
Rackspace Hosting Inc                       750086100       4500762        60600   SOLE         (None)         60600        0      0
Radioshack Corp                             750438103        566464       267200   SOLE         (None)        267200        0      0
RANDGOLD RESOURCES LTD ADS                  752344309       1379019        13900   SOLE         (None)         13900        0      0
Raymond James Financial                     754730109        550979        14300   SOLE         (None)         14300        0      0
Rayonier Inc                                754907103        497568         9600   SOLE         (None)          9600        0      0
Raytheon Co                                 755111507        356872         6200   SOLE         (None)          6200        0      0
Realty Income Corp                          756109104        301575         7500   SOLE         (None)          7500        0      0
Red Hat Inc                                 756577102       1324000        25000   SOLE         (None)         25000        0      0
Reliance Steel & Aluminum                   759509102       1682910        27100   SOLE         (None)         27100        0      0
Renesola Ltd                                75971T103         93786        60900   SOLE         (None)         60900        0      0
Republic Service Inc                        760759100       3103114       105800   SOLE         (None)        105800        0      0
Rio Tinto                                   767204100       3566726        61400   SOLE         (None)         61400        0      0
RMI Intl Metals Inc                         74973W107        347256        12600   SOLE         (None)         12600        0      0
Robert Half Intl Inc                        770323103       2011024        63200   SOLE         (None)         63200        0      0
ROCKWELL COLLINS INC                        774341101       1407714        24200   SOLE         (None)         24200        0      0
Ross Stores                                 778296103        741033        13700   SOLE         (None)         13700        0      0
Royal Bank of Canada                        780087102       1519560        25200   SOLE         (None)         25200        0      0<br /><br />{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
Royal Gold Inc                              780287108        667152         8200   SOLE         (None)          8200        0      0
Ryder System Inc                            783549108        988614        19800   SOLE         (None)         19800        0      0
Ryland Group Inc                            783764103        580350        15900   SOLE         (None)         15900        0      0
S E I Investments                           784117103       1211346        51900   SOLE         (None)         51900        0      0
Safeway Inc                                 786514208       1640763        90700   SOLE         (None)         90700        0      0
SALESFORCE.COM INC                          79466L302      10640730        63300   SOLE         (None)         63300        0      0
Sanderson Farms Inc                         800013104        946245        19900   SOLE         (None)         19900        0      0
Sandridge Energy Inc                        80007P307        205740        32400   SOLE         (None)         32400        0      0
Sap Ag                                      803054204       1422726        17700   SOLE         (None)         17700        0      0
Sarepta Therapeutics                        803607100       2461320        95400   SOLE         (None)         95400        0      0
SBA Commun Cp                               78388J106       1980342        27900   SOLE         (None)         27900        0      0
Schein (Henry) Inc                          806407102        273428         3400   SOLE         (None)          3400        0      0
Schnitzer Steel Indust                      806882106        464049        15300   SOLE         (None)         15300        0      0
SCRIPPS NETWORKS INT                        811065101        874592        15100   SOLE         (None)         15100        0      0
Sealed Air Corp                             81211K100       1896333       108300   SOLE         (None)        108300        0      0
Sempra Energy                               816851109       6668360        94000   SOLE         (None)         94000        0      0
SENIOR HOUSING PROP TR SBI                  81721M109       1815552        76800   SOLE         (None)         76800        0      0
SEQUENOM INC                                817337405        117750        25000   SOLE         (None)         25000        0      0
SHUTTERFLY INC                              82568P304        615322        20600   SOLE         (None)         20600        0      0
Siemens A G ADR New                         826197501        328410         3000   SOLE         (None)          3000        0      0
Signet Jewelers                             G81276100        261660         4900   SOLE         (None)          4900        0      0
Silver Wheaton                              828336107        721600        20000   SOLE         (None)         20000        0      0
Sirius XM Radio                             82967N108       1064676       368400   SOLE         (None)        368400        0      0
Six Flags Entertainment Corp                83001A102        250920         4100   SOLE         (None)          4100        0      0
SK Telecom ADR                              78440P108        593625        37500   SOLE         (None)         37500        0      0
Smithfield Foods Inc                        832248108        375318        17400   SOLE         (None)         17400        0      0
Sohu.com Inc                                83408W103       2400138        50700   SOLE         (None)         50700        0      0
Sony Cp ADR                                 835699307       1154720       103100   SOLE         (None)        103100        0      0
Sotheby's Holdings Inc                      835898107        682486        20300   SOLE         (None)         20300        0      0
Southern Co                                 842587107       6460029       150900   SOLE         (None)        150900        0      0
Southwest Airlines                          844741108       5633024       550100   SOLE         (None)        550100        0      0
Southwestern Energy                         845467109       1039051        31100   SOLE         (None)         31100        0      0
SPX Cp                                      784635104       2630625        37500   SOLE         (None)         37500        0      0
Star Scientific                             85517P101         83884        31300   SOLE         (None)         31300        0      0
Starbucks Corp                              855244109       2622507        48900   SOLE         (None)         48900        0      0
Starz Series A Liberty Capital              85571Q102       4245966        36600   SOLE         (None)         36600        0      0
State Street Corp                           857477103       7483992       159200   SOLE         (None)        159200        0      0<br /><br />{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
Tyson Foods Inc Class A                     902494103       3788820       195300   SOLE         (None)        195300        0      0
Ulta Salon Cosmetics & Fragrance Inc        90384S303       2358240        24000   SOLE         (None)         24000        0      0
ULTRA PETROLEUM CP                          903914109        563843        31100   SOLE         (None)         31100        0      0
Ultra Real Estate ProShares                 74347X625        642537         9300   SOLE         (None)          9300        0      0
United Cont Hld                             910047109       7778526       332700   SOLE         (None)        332700        0      0
United Technologies                         913017109       3928279        47900   SOLE         (None)         47900        0      0
United Therapeutics                         91307C102        673092        12600   SOLE         (None)         12600        0      0
Universal Display Corp                      91347P105        307440        12000   SOLE         (None)         12000        0      0
Universal Hlth Serv Inc Class B             913903100       1460170        30200   SOLE         (None)         30200        0      0
UNUM GROUP                                  91529Y106       1159674        55700   SOLE         (None)         55700        0      0
Urban Outfitters Inc                        917047102       1428768        36300   SOLE         (None)         36300        0      0
URS Cp                                      903236107        859794        21900   SOLE         (None)         21900        0      0
US AIRWAYS GROUP INC                        90341W108       2909250       215500   SOLE         (None)        215500        0      0
US Steel Corp                               912909108      11548170       484200   SOLE         (None)        484200        0      0
USG Cp                                      903293405        561400        20000   SOLE         (None)         20000        0      0
Utilities Select Sector SPDR Fund           81369Y886      31242924       894700   SOLE         (None)        894700        0      0
Vail Resorts Inc                            91879Q109        275859         5100   SOLE         (None)          5100        0      0
Vale S A ADR                                91912E105      31180096      1487600   SOLE         (None)       1487600        0      0
VALE S.A.                                   91912E204      12772555       629500   SOLE         (None)        629500        0      0
VALEANT PHRM INT                            91911K102       1039998        17400   SOLE         (None)         17400        0      0
Valero Energy Corp                          91913Y100       1419392        41600   SOLE         (None)         41600        0      0
Valueclick Inc                              92046N102        430902        22200   SOLE         (None)         22200        0      0
VANGUARD SPEC FDS REIT ETF                  922908553      19009620       288900   SOLE         (None)        288900        0      0
Varian Medical Systems Inc                  92220P105       1453968        20700   SOLE         (None)         20700        0      0
Ventas Inc                                  92276F100        608368         9400   SOLE         (None)          9400        0      0
Verisign Inc                                92343E102        380436         9800   SOLE         (None)          9800        0      0
Verisk Analytics                            92345Y106       1529100        30000   SOLE         (None)         30000        0      0
Viacom Inc                                  92553P201       1323774        25100   SOLE         (None)         25100        0      0
VISA Inc                                    92826C839       3744026        24700   SOLE         (None)         24700        0      0
Vistaprint Nv                               N93540107        391034        11900   SOLE         (None)         11900        0      0
Vngrd Ftse Em Mk                            922042858     136885220      3074000   SOLE         (None)       3074000        0      0
Vodafone Gp Plc                             92857W209       4030400       160000   SOLE         (None)        160000        0      0
Vornado Inc                                 929042109        976976        12200   SOLE         (None)         12200        0      0
Vulcan Materials Co.                        929160109       1379325        26500   SOLE         (None)         26500        0      0
Wabco Holdings Inc                          92927K102        880065        13500   SOLE         (None)         13500        0      0
Waddell & Reed Financial Inc Cl A           930059100        835680        24000   SOLE         (None)         24000        0      0
Walgreen Co                                 931422109      19748536       533600   SOLE         (None)        533600        0      0<br /><br />{S}                                         {C}          {C}          {C}          {C}          {C}        {C}         {C}      {C}
Wal-Mart Stores Inc                         931142103      30485164       446800   SOLE         (None)        446800        0      0
Walter Energy                               93317Q105       9497436       264700   SOLE         (None)        264700        0      0
Walter Investment Management Corp           93317W102       1247580        29000   SOLE         (None)         29000        0      0
Washington Post Co                          939640108       1022588         2800   SOLE         (None)          2800        0      0
Waste Managemnt                             94106L109       4379452       129800   SOLE         (None)        129800        0      0
Waters Corp                                 941848103       1533312        17600   SOLE         (None)         17600        0      0
Weatherford Intl Inc                        H27013103       2335353       208700   SOLE         (None)        208700        0      0
WEBS Australia                              464286103       9960468       396200   SOLE         (None)        396200        0      0
WEBS South Korea                            464286772      15381380       242800   SOLE         (None)        242800        0      0
WEBS Taiwan                                 464286731       1574472       115600   SOLE         (None)        115600        0      0
Wellpoint Inc.                              94973V107       4142560        68000   SOLE         (None)         68000        0      0
Wendy's Co                                  95058W100        452140        96200   SOLE         (None)         96200        0      0
Wesco Intl inc                              95082P105        546183         8100   SOLE         (None)          8100        0      0
Western Union                               959802109       1133713        83300   SOLE         (None)         83300        0      0
Williams Cos                                969457100        759568        23200   SOLE         (None)         23200        0      0
Windstream Corp                             97381W104       4694760       567000   SOLE         (None)        567000        0      0
WMS Industries                              929297109        694750        39700   SOLE         (None)         39700        0      0
World Fuel Services                         981475106        531093        12900   SOLE         (None)         12900        0      0
Worthington Ind Inc                         981811102        348266        13400   SOLE         (None)         13400        0      0
Wrner Chil Plc A                            G94368100       1158248        96200   SOLE         (None)         96200        0      0
Wyndham Worldwide                           98310W108        984385        18500   SOLE         (None)         18500        0      0
Xcel Energy Inc                             98389B100        341888        12800   SOLE         (None)         12800        0      0
XENOPORT                                    98411C100        129759        16700   SOLE         (None)         16700        0      0
Xilinx Inc                                  983919101       1430814        39900   SOLE         (None)         39900        0      0
Xoma Corporation                            98419J107         29040        12100   SOLE         (None)         12100        0      0
Yahoo! Inc                                  984332106      20138800      1012000   SOLE         (None)       1012000        0      0
Yingli Green Energy Holding Co Ltd          98584B103        373415       158900   SOLE         (None)        158900        0      0
Youku Tudou Inc                             98742U100        512544        28100   SOLE         (None)         28100        0      0
YUM! Brands                                 988498101      22582640       340100   SOLE         (None)        340100        0      0
Zale Corp                                   988858106        208377        50700   SOLE         (None)         50700        0      0
Zions Bancorporation                        989701107       1418820        66300   SOLE         (None)         66300        0      0