Palouse Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBVIE INC	COM	00287y109	7,374	125,962	SH		SOLE		111,513	0	14,449
ACTIVISION BLIZZARD INC	COM	00507v109	4,470	196,691	SH		SOLE		175,076	0	21,615
ALTRIA GROUP INC	COM	02209s103	1,742	34,827	SH		SOLE		30,132	0	4,695
AMERISAFE INC	COM	03071h100	295	6,380	SH		SOLE		5,109	0	1,271
APPLIED INDL TECHNOLOGIES IN	COM	03820c105	2,291	50,535	SH		SOLE		43,598	0	6,937
AT&T INC	COM	00206r102	2,871	87,934	SH		SOLE		75,677	0	12,257
AUTOZONE INC	COM	053332102	3,384	4,960	SH		SOLE		4,317	0	643
B/E AEROSPACE INC	COM	073302101	2,671	41,980	SH		SOLE		36,148	0	5,832
BOEING CO	COM	097023105	1,623	10,814	SH		SOLE		10,262	0	552
BP PLC	SPONSORED ADR	055622104	2,251	57,567	SH		SOLE		49,110	0	8,457
CABELAS INC	COM	126804301	212	3,791	SH		SOLE		3,083	0	708
CABOT CORP	COM	127055101	309	6,873	SH		SOLE		5,543	0	1,330
CAPITAL ONE FINL CORP	COM	14040H105	6,093	77,307	SH		SOLE		69,276	0	8,031
CATAMARAN CORP	COM	148887102	204	3,423	SH		SOLE		2,853	0	570
CATERPILLAR INC DEL	COM	149123101	5,201	64,992	SH		SOLE		57,440	0	7,552
CATHAY GEN BANCORP	COM	149150104	689	24,210	SH		SOLE		24,210	0	0
CBS CORP NEW	CL B	124857202	5,334	87,980	SH		SOLE		78,213	0	9,767
CHESAPEAKE ENERGY CORP	PFD CONV	165167842	2,592	29,588	SH		SOLE		25,676	0	3,912
CHEVRON CORP NEW	COM	166764100	2,100	20,005	SH		SOLE		17,285	0	2,720
CITIGROUP INC	COM NEW	172967424	3,889	75,479	SH		SOLE		66,866	0	8,613
CLEARBRIDGE ENERGY MLP OPP F	COM	18469P100	293	14,000	SH		SOLE		14,000	0	0
COBIZ FINANCIAL INC	COM	190897108	373	30,275	SH		SOLE		24,868	0	5,407
COHERENT INC	COM	192479103	231	3,561	SH		SOLE		2,843	0	718
COLUMBIA BKG SYS INC	COM	197236102	384	13,241	SH		SOLE		10,669	0	2,572
COMMUNITY HEALTH SYS INC NEW	COM	203668108	3,251	62,181	SH		SOLE		53,543	0	8,638
CRACKER BARREL OLD CTRY STOR	COM	22410J106	2,433	15,995	SH		SOLE		13,892	0	2,103
CVS HEALTH CORP	COM	126650100	6,533	63,301	SH		SOLE		57,255	0	6,046
CYNOSURE INC	CL A	232577205	324	10,557	SH		SOLE		8,615	0	1,942
DAKTRONICS INC	COM	234264109	2,383	220,484	SH		SOLE		188,535	0	31,949
DARLING INGREDIENTS INC	COM	237266101	194	13,858	SH		SOLE		11,215	0	2,643
DIGITAL RLTY TR INC	COM	253868103	1,772	26,870	SH		SOLE		23,167	0	3,703
E M C CORP MASS	COM	268648102	3,932	153,818	SH		SOLE		137,787	0	16,031
EATON CORP PLC	SHS	G29183103	6,453	94,979	SH		SOLE		84,713	0	10,266
EMERSON ELEC CO	COM	291011104	2,553	45,091	SH		SOLE		38,847	0	6,244
ENCORE CAP GROUP INC	COM	292554102	243	5,851	SH		SOLE		4,826	0	1,025
ENERSYS	COM	29275y102	398	6,202	SH		SOLE		5,126	0	1,076
EXACTECH INC	COM	30064e109	321	12,515	SH		SOLE		10,210	0	2,305
EXPRESS SCRIPTS HLDG CO	COM	30219g108	4,808	55,412	SH		SOLE		47,994	0	7,418
EXXON MOBIL CORP	COM	30231g102	315	3,710	SH		SOLE		3,710	0	0
FEDEX CORP	COM	31428x106	4,758	28,756	SH		SOLE		25,861	0	2,895
FIRST MERCHANTS CORP	COM	320817109	337	14,319	SH		SOLE		11,507	0	2,812
FLOWERS FOODS INC	COM	343498101	309	13,576	SH		SOLE		10,945	0	2,631
FLUSHING FINL CORP	COM	343873105	287	14,317	SH		SOLE		11,512	0	2,805
FORD MTR CO DEL	COM PAR $0.01	345370860	8,077	500,443	SH		SOLE		442,911	0	57,532
GENERAL ELECTRIC CO	COM	369604103	4,913	198,034	SH		SOLE		178,561	0	19,473
GENERAL MTRS CO	COM	37045v100	2,881	76,815	SH		SOLE		66,404	0	10,411
GENTHERM INC	COM	37253a103	303	5,992	SH		SOLE		4,865	0	1,127
GRAINGER W W INC	COM	384802104	1,500	6,359	SH		SOLE		6,031	0	328
HEALTH CARE REIT INC	COM	42217k106	2,112	27,304	SH		SOLE		23,769	0	3,535
HERITAGE FINL CORP WASH	COM	42722x106	295	17,340	SH		SOLE		13,814	0	3,526
HOSPITALITY PPTYS TR	COM SH BEN INT	44106m102	2,494	75,590	SH		SOLE		65,210	0	10,380
II VI INC	COM	902104108	313	16,937	SH		SOLE		13,752	0	3,185
INTL PAPER CO	COM	460146103	2,818	50,790	SH		SOLE		44,128	0	6,662
ISHARES	U.S. PFD STK ETF	464288687	3,883	96,821	SH		SOLE		84,089	0	12,732
ISHARES TR	IBOXX INV CP ETF	464287242	343	2,815	SH		SOLE		2,330	0	485
JABIL CIRCUIT INC	COM	466313103	1,737	74,294	SH		SOLE		70,069	0	4,225
JACOBS ENGR GROUP INC DEL	COM	469814107	2,004	44,365	SH		SOLE		37,980	0	6,385
JOHNSON & JOHNSON	COM	478160104	3,086	30,676	SH		SOLE		26,536	0	4,140
JPMORGAN CHASE & CO	COM	46625h100	7,404	122,217	SH		SOLE		108,482	0	13,735
KELLY SVCS INC	CL A	488152208	354	20,320	SH		SOLE		16,293	0	4,027
LAKELAND FINL CORP	COM	511656100	357	8,795	SH		SOLE		7,141	0	1,654
LANDEC CORP	COM	514766104	272	19,479	SH		SOLE		15,596	0	3,883
LANNET INC	COM	516012101	318	4,693	SH		SOLE		3,830	0	863
LOCKHEED MARTIN CORP	COM	539830109	2,662	13,114	SH		SOLE		11,369	0	1,745
MANPOWERGROUP INC	COM	56418h100	5,087	59,044	SH		SOLE		52,735	0	6,309
MATRIX SVC CO	COM	576853105	277	15,779	SH		SOLE		12,805	0	2,974
MENTOR GRAPHICS CORP	COM	587200106	395	16,452	SH		SOLE		13,443	0	3,009
METHODE ELECTRS INC	COM	591520200	251	5,340	SH		SOLE		4,275	0	1,065
MOHAWK INDS INC	COM	608190104	2,864	15,417	SH		SOLE		13,560	0	1,857
MYLAN N V	SHS EURO	n59465109	2,609	43,963	SH		SOLE		37,113	0	6,850
NATIONAL FUEL GAS CO N J	COM	636180101	236	3,915	SH		SOLE		3,154	0	761
NORWEGIAN CRUISE LINE HLDGS	SHS	g66721104	2,983	55,239	SH		SOLE		47,060	0	8,179
OCEANEERING INTL INC	COM	675232102	1,829	33,919	SH		SOLE		28,849	0	5,070
ORACLE CORP	COM	68389x105	4,395	101,855	SH		SOLE		91,269	0	10,586
PENSKE AUTOMOTIVE GRP INC	COM	70959w103	1,834	35,628	SH		SOLE		33,853	0	1,775
PHOTRONICS INC	COM	719405102	228	26,796	SH		SOLE		21,814	0	4,982
POLARIS INDS INC	COM	731068102	5,335	37,813	SH		SOLE		33,692	0	4,121
PRA GROUP INC	COM	69354n106	223	4,097	SH		SOLE		3,300	0	797
PRECISION CASTPARTS CORP	COM	740189105	2,444	11,638	SH		SOLE		10,050	0	1,588
PROCTER & GAMBLE CO	COM	742718109	2,763	33,714	SH		SOLE		29,208	0	4,506
PRUDENTIAL FINL INC	COM	744320102	7,588	94,486	SH		SOLE		83,706	0	10,780
QUALCOMM INC	COM	747525103	5,095	73,477	SH		SOLE		65,454	0	8,023
QUANTA SVCS INC	COM	74762e102	2,937	102,944	SH		SOLE		87,861	0	15,083
RLJ LODGING TR	COM	74965L101	3,617	115,509	SH		SOLE		102,804	0	12,705
ROFIN SINAR TECHNOLOGIES INC	COM	775043102	271	11,182	SH		SOLE		9,002	0	2,180
RTI INTL METALS INC	COM	74973w107	372	10,348	SH		SOLE		8,568	0	1,780
RYDER SYS INC	COM	783549108	4,091	43,114	SH		SOLE		38,696	0	4,418
SERVICE CORP INTL	COM	817565104	633	24,315	SH		SOLE		19,992	0	4,323
SKYWORKS SOLUTIONS INC	COM	83088m102	1,904	19,370	SH		SOLE		16,614	0	2,756
SPDR S&P 500 ETF TR	TR UNIT	78462f103	479	2,322	SH		SOLE		2,322	0	0
SPDR SERIES TRUST	BRC HGH YLD BD	78464a417	3,943	100,526	SH		SOLE		88,577	0	11,949
SPDR SERIES TRUST	S&P DIVID ETF	78464a763	203	2,600	SH		SOLE		2,600	0	0
STANLEY BLACK & DECKER INC	COM	854502101	4,139	43,401	SH		SOLE		38,956	0	4,445
STEEL DYNAMICS INC	COM	858119100	6,668	331,759	SH		SOLE		291,117	0	40,642
STEELCASE INC	CL A	858155203	1,814	95,771	SH		SOLE		88,625	0	7,146
STRYKER CORP	COM	863667101	1,326	14,375	SH		SOLE		13,571	0	804
SUPER MICRO COMPUTER INC	COM	86800u104	217	6,539	SH		SOLE		5,241	0	1,298
SYKES ENTERPRISES INC	COM	871237103	376	15,127	SH		SOLE		12,420	0	2,707
SYNAPTICS INC	COM	87157d109	288	3,542	SH		SOLE		2,905	0	637
TARGET CORP	COM	87612e106	5,579	67,983	SH		SOLE		61,223	0	6,760
TE CONNECTIVITY LTD	REG SHS	h84989104	4,900	68,414	SH		SOLE		61,591	0	6,823
TERADATA CORP DEL	COM	88076w103	2,189	49,600	SH		SOLE		42,616	0	6,984
THOR INDS INC	COM	885160101	2,444	38,669	SH		SOLE		35,855	0	2,814
TRINITY INDS INC	COM	896522109	5,331	150,115	SH		SOLE		132,787	0	17,328
TYSON FOODS INC	CL A	902494103	4,100	107,048	SH		SOLE		95,301	0	11,747
UMPQUA HLDGS CORP	COM	904214103	4,879	283,970	SH		SOLE		254,383	0	29,587
UNITED PARCEL SERVICE INC	CL B	911312106	1,985	20,474	SH		SOLE		17,557	0	2,917
UNITED RENTALS INC	COM	911363109	2,709	29,721	SH		SOLE		25,662	0	4,059
UNITEDHEALTH GROUP INC	COM	91324p102	2,279	19,270	SH		SOLE		18,385	0	885
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206c870	854	9,735	SH		SOLE		8,885	0	850
VERIZON COMMUNICATIONS INC	COM	92343v104	7,590	156,080	SH		SOLE		137,599	0	18,481
VISHAY INTERTECHNOLOGY INC	COM	928298108	233	16,868	SH		SOLE		13,890	0	2,978
WALGREENS BOOTS ALLIANCE INC	COM	931427108	3,975	46,946	SH		SOLE		42,190	0	4,756
WESTERN DIGITAL CORP	COM	958102105	3,997	43,913	SH		SOLE		39,508	0	4,405
WHIRLPOOL CORP	COM	963320106	3,929	19,447	SH		SOLE		17,380	0	2,067
WILSHIRE BANCORP INC	COM	97186t108	323	32,390	SH		SOLE		26,779	0	5,611
WINNEBAGO INDS INC	COM	974637100	224	10,552	SH		SOLE		8,380	0	2,172