| 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 |
| AOL Inc. | COM | 00184X105 | 1,370 | 29,382 | SH | | SOLE | | 0 | 29,382 | 0 |
| AbbVie Inc. | COM | 00287Y109 | 1,540 | 29,170 | SH | | SOLE | | 0 | 29,170 | 0 |
| Advance Auto Parts Inc | COM | 00751Y106 | 1,304 | 11,780 | SH | | SOLE | | 0 | 11,780 | 0 |
| Advent Software Inc. | COM | 007974108 | 30 | 851 | SH | | SOLE | | 0 | 851 | 0 |
| Akorn, Inc. | COM | 009728106 | 30 | 1,201 | SH | | SOLE | | 0 | 1,201 | 0 |
| Albany International Corp | COM | 012348108 | 11 | 296 | SH | | SOLE | | 0 | 296 | 0 |
| Alliant Techsystems Inc | COM | 018804104 | 1,515 | 12,450 | SH | | SOLE | | 0 | 12,450 | 0 |
| Allstate Corporation | COM | 020002101 | 11 | 198 | SH | | SOLE | | 0 | 198 | 0 |
| Alon USA Energy, Inc. | COM | 020520102 | 44 | 2,638 | SH | | SOLE | | 0 | 2,638 | 0 |
| Amazon.com Inc. | COM | 023135106 | 2,528 | 6,340 | SH | | SOLE | | 0 | 6,340 | 0 |
| Amerco | COM | 023586100 | 1,358 | 5,709 | SH | | SOLE | | 0 | 5,709 | 0 |
| AmerisourceBergen Corp | COM | 03073E105 | 1,801 | 25,610 | SH | | SOLE | | 0 | 25,610 | 0 |
| Ameriprise Financial, Inc. | COM | 03076C106 | 572 | 4,970 | SH | | SOLE | | 0 | 4,970 | 0 |
| Apple Inc. | COM | 037833100 | 7,703 | 13,730 | SH | | SOLE | | 0 | 13,730 | 0 |
| Applied Materials Inc. | COM | 038222105 | 11 | 617 | SH | | SOLE | | 0 | 617 | 0 |
| Arkansas Best Corp | COM | 040790107 | 30 | 879 | SH | | SOLE | | 0 | 879 | 0 |
| ARRIS Group, Inc | COM | 04270V106 | 31 | 1,289 | SH | | SOLE | | 0 | 1,289 | 0 |
| Artisan Partners Asset Mangmnt | COM | 04316A108 | 17 | 260 | SH | | SOLE | | 0 | 260 | 0 |
| Avis Budget Group, Inc. | COM | 053774105 | 1,426 | 35,273 | SH | | SOLE | | 0 | 35,273 | 0 |
| Bank of America Corp | COM | 060505104 | 529 | 34,000 | SH | | SOLE | | 0 | 34,000 | 0 |
| Best Buy Co., Inc. | COM | 086516101 | 1,264 | 31,700 | SH | | SOLE | | 0 | 31,700 | 0 |
| Biogen Idec Inc. | COM | 09062X103 | 1,908 | 6,826 | SH | | SOLE | | 0 | 6,826 | 0 |
| Black Hills Corporation | COM | 092113109 | 10 | 198 | SH | | SOLE | | 0 | 198 | 0 |
| Blackrock Inc. | COM | 09247X101 | 11 | 36 | SH | | SOLE | | 0 | 36 | 0 |
| Boeing Company | COM | 097023105 | 2,290 | 16,775 | SH | | SOLE | | 0 | 16,775 | 0 |
| Boston Scientific Corp | COM | 101137107 | 1,297 | 107,937 | SH | | SOLE | | 0 | 107,937 | 0 |
| Brightcove Inc. | COM | 10921T101 | 20 | 1,417 | SH | | SOLE | | 0 | 1,417 | 0 |
| Bristol-Myers Squibb Co. | COM | 110122108 | 389 | 7,315 | SH | | SOLE | | 0 | 7,315 | 0 |
| Broadridge Fncl Solutions | COM | 11133T103 | 14 | 350 | SH | | SOLE | | 0 | 350 | 0 |
| CME Group Inc. | COM | 12572Q105 | 11 | 144 | SH | | SOLE | | 0 | 144 | 0 |
| CSS Industries Inc. | COM | 125906107 | 17 | 600 | SH | | SOLE | | 0 | 600 | 0 |
| CalAmp Corp. | COM | 128126109 | 33 | 1,191 | SH | | SOLE | | 0 | 1,191 | 0 |
| Cambrex Corporation | COM | 132011107 | 21 | 1,176 | SH | | SOLE | | 0 | 1,176 | 0 |
| Cardinal Health Inc. | COM | 14149Y108 | 1,548 | 23,170 | SH | | SOLE | | 0 | 23,170 | 0 |
| Celgene Corp. | COM | 151020104 | 1,018 | 6,027 | SH | | SOLE | | 0 | 6,027 | 0 |
| Cheniere Energy Inc | COM | 16411R208 | 1,436 | 33,311 | SH | | SOLE | | 0 | 33,311 | 0 |
| Chicago Bridge & Iron | COM | 167250109 | 37 | 445 | SH | | SOLE | | 0 | 445 | 0 |
| Chipotle Mexican Grill | COM | 169656105 | 1,566 | 2,940 | SH | | SOLE | | 0 | 2,940 | 0 |
| Cimarex Energy Co | COM | 171798101 | 1,253 | 11,940 | SH | | SOLE | | 0 | 11,940 | 0 |
| Cinemark Holdings Inc | COM | 17243V102 | 11 | 339 | SH | | SOLE | | 0 | 339 | 0 |
| Cintas Corporation | COM | 172908105 | 411 | 6,890 | SH | | SOLE | | 0 | 6,890 | 0 |
| Cliffs Natural Resources Inc | COM | 18683K101 | 1,198 | 45,712 | SH | | SOLE | | 0 | 45,712 | 0 |
| Cognizant Tech Solutions | COM | 192446102 | 1,473 | 14,590 | SH | | SOLE | | 0 | 14,590 | 0 |
| Comcast cl A | COM | 20030N101 | 46 | 894 | SH | | SOLE | | 0 | 894 | 0 |
| Computer Sciences Corp | COM | 205363104 | 12 | 210 | SH | | SOLE | | 0 | 210 | 0 |
| Comtech Telecommunications | COM | 205826209 | 68 | 2,161 | SH | | SOLE | | 0 | 2,161 | 0 |
| CONMED Corporation | COM | 207410101 | 11 | 270 | SH | | SOLE | | 0 | 270 | 0 |
| Constellation Brands Inc | COM | 21036P108 | 1,356 | 19,269 | SH | | SOLE | | 0 | 19,269 | 0 |
| CoreLogic, Inc. | COM | 21871D103 | 1,360 | 38,289 | SH | | SOLE | | 0 | 38,289 | 0 |
| Corning Inc. | COM | 219350105 | 396 | 22,210 | SH | | SOLE | | 0 | 22,210 | 0 |
| CorVel Corporation | COM | 221006109 | 33 | 716 | SH | | SOLE | | 0 | 716 | 0 |
| Cracker Barrel Old Cntry Store | COM | 22410J106 | 41 | 375 | SH | | SOLE | | 0 | 375 | 0 |
| Crane Company | COM | 224399105 | 12 | 180 | SH | | SOLE | | 0 | 180 | 0 |
| Deckers Outdoor Corp. | COM | 243537107 | 1,286 | 15,225 | SH | | SOLE | | 0 | 15,225 | 0 |
| Delta Air Lines, Inc. | COM | 247361702 | 1,306 | 47,531 | SH | | SOLE | | 0 | 47,531 | 0 |
| DexCom, Inc. | COM | 252131107 | 36 | 1,014 | SH | | SOLE | | 0 | 1,014 | 0 |
| Diamond Foods, Inc. | COM | 252603105 | 30 | 1,147 | SH | | SOLE | | 0 | 1,147 | 0 |
| Walt Disney Company | COM | 254687106 | 32 | 417 | SH | | SOLE | | 0 | 417 | 0 |
| R.R. Donnelley & Sons | COM | 257867101 | 12 | 601 | SH | | SOLE | | 0 | 601 | 0 |
| Dow Chemical Company | COM | 260543103 | 11 | 257 | SH | | SOLE | | 0 | 257 | 0 |
| Dreamworks Animation SKG, Inc | COM | 26153C103 | 1,562 | 44,013 | SH | | SOLE | | 0 | 44,013 | 0 |
| EPIQ Systems Inc. | COM | 26882D109 | 39 | 2,418 | SH | | SOLE | | 0 | 2,418 | 0 |
| E*TRADE Financial Corp | COM | 269246401 | 1,493 | 76,003 | SH | | SOLE | | 0 | 76,003 | 0 |
| eHealth, Inc. | COM | 28238P109 | 31 | 657 | SH | | SOLE | | 0 | 657 | 0 |
| Endo Health Solutions Inc. | COM | 29264F205 | 45 | 672 | SH | | SOLE | | 0 | 672 | 0 |
| EverBank Financial Corp. | COM | 29977G102 | 29 | 1,598 | SH | | SOLE | | 0 | 1,598 | 0 |
| Exelis Inc. | COM | 30162A108 | 1,505 | 78,952 | SH | | SOLE | | 0 | 78,952 | 0 |
| Exxon Mobil Corporation | COM | 30231G102 | 1,038 | 10,260 | SH | | SOLE | | 0 | 10,260 | 0 |
| Facebook, Inc. cl A | COM | 30303M102 | 1,414 | 25,870 | SH | | SOLE | | 0 | 25,870 | 0 |
| Faro Technologies Inc | COM | 311642102 | 32 | 546 | SH | | SOLE | | 0 | 546 | 0 |
| FedEx Corp | COM | 31428X106 | 1,305 | 9,080 | SH | | SOLE | | 0 | 9,080 | 0 |
| Fidelity National Info Srv | COM | 31620M106 | 13 | 234 | SH | | SOLE | | 0 | 234 | 0 |
| Financial Engines, Inc. | COM | 317485100 | 35 | 508 | SH | | SOLE | | 0 | 508 | 0 |
| First Commonwealth Financial | COM | 319829107 | 28 | 3,170 | SH | | SOLE | | 0 | 3,170 | 0 |
| First Republic Bank | COM | 33616C100 | 409 | 7,820 | SH | | SOLE | | 0 | 7,820 | 0 |
| First Solar, Inc. | COM | 336433107 | 1,101 | 20,150 | SH | | SOLE | | 0 | 20,150 | 0 |
| FleetCor Technologies, Inc. | COM | 339041105 | 1,299 | 11,090 | SH | | SOLE | | 0 | 11,090 | 0 |
| Fluor Corporation | COM | 343412102 | 422 | 5,260 | SH | | SOLE | | 0 | 5,260 | 0 |
| Flowers Foods Inc | COM | 343498101 | 9 | 426 | SH | | SOLE | | 0 | 426 | 0 |
| GT Advanced Tech Inc. | COM | 36191U106 | 30 | 3,395 | SH | | SOLE | | 0 | 3,395 | 0 |
| Gannett Co. Inc. | COM | 364730101 | 12 | 397 | SH | | SOLE | | 0 | 397 | 0 |
| GenCorp Inc. | COM | 368682100 | 30 | 1,665 | SH | | SOLE | | 0 | 1,665 | 0 |
| General Dynamics Corp. | COM | 369550108 | 460 | 4,810 | SH | | SOLE | | 0 | 4,810 | 0 |
| General Electric Company | COM | 369604103 | 42 | 1,502 | SH | | SOLE | | 0 | 1,502 | 0 |
| General Mills Inc. | COM | 370334104 | 10 | 198 | SH | | SOLE | | 0 | 198 | 0 |
| Gentex Corporation | COM | 371901109 | 14 | 414 | SH | | SOLE | | 0 | 414 | 0 |
| Genworth Financial Inc | COM | 37247D106 | 1,350 | 86,950 | SH | | SOLE | | 0 | 86,950 | 0 |
| Gilead Sciences Inc. | COM | 375558103 | 2,061 | 27,441 | SH | | SOLE | | 0 | 27,441 | 0 |
| Global Payments Inc. | COM | 37940X102 | 1,305 | 20,080 | SH | | SOLE | | 0 | 20,080 | 0 |
| Goodyear Tire & Rubber | COM | 382550101 | 1,145 | 48,029 | SH | | SOLE | | 0 | 48,029 | 0 |
| Google Inc | COM | 38259P508 | 4,841 | 4,320 | SH | | SOLE | | 0 | 4,320 | 0 |
| Graham Holdings Company | COM | 384637104 | 1,327 | 2,000 | SH | | SOLE | | 0 | 2,000 | 0 |
| Hanesbrands, Inc. | COM | 410345102 | 1,581 | 22,500 | SH | | SOLE | | 0 | 22,500 | 0 |
| Harley-Davidson, Inc. | COM | 412822108 | 412 | 5,950 | SH | | SOLE | | 0 | 5,950 | 0 |
| Hasbro Inc. | COM | 418056107 | 11 | 208 | SH | | SOLE | | 0 | 208 | 0 |
| Heidrick & Struggles | COM | 422819102 | 12 | 602 | SH | | SOLE | | 0 | 602 | 0 |
| Hewlett-Packard Co | COM | 428236103 | 386 | 13,810 | SH | | SOLE | | 0 | 13,810 | 0 |
| Hilltop Holdings Inc. | COM | 432748101 | 29 | 1,241 | SH | | SOLE | | 0 | 1,241 | 0 |
| Home BancShares, Inc. | COM | 436893200 | 23 | 617 | SH | | SOLE | | 0 | 617 | 0 |
| Home Depot Inc. | COM | 437076102 | 11 | 132 | SH | | SOLE | | 0 | 132 | 0 |
| HomeAway, Inc. | COM | 43739Q100 | 1,021 | 24,970 | SH | | SOLE | | 0 | 24,970 | 0 |
| Huntington Bancshares, Inc. | COM | 446150104 | 392 | 40,620 | SH | | SOLE | | 0 | 40,620 | 0 |
| Huntsman Corp. | COM | 447011107 | 1,409 | 57,294 | SH | | SOLE | | 0 | 57,294 | 0 |
| IPG Photonics Corporation | COM | 44980X109 | 1,416 | 18,245 | SH | | SOLE | | 0 | 18,245 | 0 |
| ITT Corporation | COM | 450911102 | 526 | 12,120 | SH | | SOLE | | 0 | 12,120 | 0 |
| Illumina Inc | COM | 452327109 | 1,462 | 13,220 | SH | | SOLE | | 0 | 13,220 | 0 |
| Incyte Corp | COM | 45337C102 | 1,300 | 25,674 | SH | | SOLE | | 0 | 25,674 | 0 |
| Interactive Brokers Group | COM | 45841N107 | 2,043 | 83,939 | SH | | SOLE | | 0 | 83,939 | 0 |
| Intersil Corp cl A | COM | 46069S109 | 12 | 1,040 | SH | | SOLE | | 0 | 1,040 | 0 |
| IntraLinks Holdings, Inc. | COM | 46118H104 | 25 | 2,057 | SH | | SOLE | | 0 | 2,057 | 0 |
| Invacare Corporation | COM | 461203101 | 22 | 964 | SH | | SOLE | | 0 | 964 | 0 |
| Investment Technology Grp | COM | 46145F105 | 31 | 1,509 | SH | | SOLE | | 0 | 1,509 | 0 |
| iShares MSCI Spain Capped ETF | ETF | 464286764 | 16 | 425 | SH | | SOLE | | 0 | 425 | 0 |
| iShares MSCI South Korea Cap | ETF | 464286772 | 16 | 243 | SH | | SOLE | | 0 | 243 | 0 |
| iShares MSCI Germany ETF | ETF | 464286806 | 17 | 540 | SH | | SOLE | | 0 | 540 | 0 |
| iShares MSCI Italy Capped ETF | ETF | 464286855 | 11 | 680 | SH | | SOLE | | 0 | 680 | 0 |
| iShares Russell 2000 ETF | ETF | 464287655 | 12 | 102 | SH | | SOLE | | 0 | 102 | 0 |
| Janus Capital Group, Inc. | COM | 47102X105 | 46 | 3,735 | SH | | SOLE | | 0 | 3,735 | 0 |
| Johnson & Johnson | COM | 478160104 | 8 | 92 | SH | | SOLE | | 0 | 92 | 0 |
| Kimberly-Clark Corp. | COM | 494368103 | 464 | 4,440 | SH | | SOLE | | 0 | 4,440 | 0 |
| Kindred Healthcare Inc. | COM | 494580103 | 11 | 553 | SH | | SOLE | | 0 | 553 | 0 |
| Kirby Corporation | COM | 497266106 | 452 | 4,550 | SH | | SOLE | | 0 | 4,550 | 0 |
| Kroger Company | COM | 501044101 | 11 | 282 | SH | | SOLE | | 0 | 282 | 0 |
| Las Vegas Sands Corp. | COM | 517834107 | 829 | 10,510 | SH | | SOLE | | 0 | 10,510 | 0 |
| Lexmark International Inc. | COM | 529771107 | 10 | 291 | SH | | SOLE | | 0 | 291 | 0 |
| Liberty Interactive Corp A Lib | COM | 53071M880 | 1,310 | 10,690 | SH | | SOLE | | 0 | 10,690 | 0 |
| Lincoln National Corp | COM | 534187109 | 1,954 | 37,850 | SH | | SOLE | | 0 | 37,850 | 0 |
| Lockheed Martin Corp. | COM | 539830109 | 1,382 | 9,296 | SH | | SOLE | | 0 | 9,296 | 0 |
| Lorillard, Inc. | COM | 544147101 | 1,250 | 24,663 | SH | | SOLE | | 0 | 24,663 | 0 |
| Lowes Companies Inc. | COM | 548661107 | 530 | 10,690 | SH | | SOLE | | 0 | 10,690 | 0 |
| Macquarie Infrastructure Co Tr | COM | 55608B105 | 10 | 175 | SH | | SOLE | | 0 | 175 | 0 |
| Macy's Inc. | COM | 55616P104 | 30 | 555 | SH | | SOLE | | 0 | 555 | 0 |
| Magellan Midstream Partners | MLP | 559080106 | 12 | 187 | SH | | SOLE | | 0 | 187 | 0 |
| ManpowerGroup | COM | 56418H100 | 1,354 | 15,770 | SH | | SOLE | | 0 | 15,770 | 0 |
| Marathon Petroleum Corp | COM | 56585A102 | 1,406 | 15,330 | SH | | SOLE | | 0 | 15,330 | 0 |
| Market Vectors Oil Service ETF | ETF | 57060U191 | 4 | 88 | SH | | SOLE | | 0 | 88 | 0 |
| Market Vectors Russia | ETF | 57060U506 | 10 | 359 | SH | | SOLE | | 0 | 359 | 0 |
| Mastercard Inc. | COM | 57636Q104 | 2,155 | 2,580 | SH | | SOLE | | 0 | 2,580 | 0 |
| Matador Resources Company | COM | 576485205 | 29 | 1,529 | SH | | SOLE | | 0 | 1,529 | 0 |
| McKesson Corp | COM | 58155Q103 | 2,042 | 12,650 | SH | | SOLE | | 0 | 12,650 | 0 |
| Meredith Corporation | COM | 589433101 | 12 | 227 | SH | | SOLE | | 0 | 227 | 0 |
| MetLife, Inc. | COM | 59156R108 | 492 | 9,120 | SH | | SOLE | | 0 | 9,120 | 0 |
| Microsoft Corporation | COM | 594918104 | 640 | 17,120 | SH | | SOLE | | 0 | 17,120 | 0 |
| Micron Technology Inc | COM | 595112103 | 1,639 | 75,360 | SH | | SOLE | | 0 | 75,360 | 0 |
| Minerals Technologies | COM | 603158106 | 23 | 377 | SH | | SOLE | | 0 | 377 | 0 |
| Moody's Corp. | COM | 615369105 | 32 | 407 | SH | | SOLE | | 0 | 407 | 0 |
| Morgan Stanley | COM | 617446448 | 520 | 16,590 | SH | | SOLE | | 0 | 16,590 | 0 |
| Natus Medical Inc. | COM | 639050103 | 31 | 1,391 | SH | | SOLE | | 0 | 1,391 | 0 |
| Netflix Inc | COM | 64110L106 | 1,443 | 3,919 | SH | | SOLE | | 0 | 3,919 | 0 |
| NextEra Energy, Inc. | COM | 65339F101 | 10 | 116 | SH | | SOLE | | 0 | 116 | 0 |
| Nike Inc cl B | COM | 654106103 | 1,809 | 23,000 | SH | | SOLE | | 0 | 23,000 | 0 |
| Norfolk Southern Corp | COM | 655844108 | 12 | 130 | SH | | SOLE | | 0 | 130 | 0 |
| Northrop Grumman Corp | COM | 666807102 | 1,344 | 11,726 | SH | | SOLE | | 0 | 11,726 | 0 |
| Nu Skin Enterprises Inc. | COM | 67018T105 | 1,462 | 10,580 | SH | | SOLE | | 0 | 10,580 | 0 |
| NTELOS Holdings Corp. | COM | 67020Q305 | 10 | 475 | SH | | SOLE | | 0 | 475 | 0 |
| NutriSystem, Inc. | COM | 67069D108 | 9 | 552 | SH | | SOLE | | 0 | 552 | 0 |
| Ocwen Financial Corp | COM | 675746309 | 1,237 | 22,300 | SH | | SOLE | | 0 | 22,300 | 0 |
| Olin Corporation | COM | 680665205 | 11 | 382 | SH | | SOLE | | 0 | 382 | 0 |
| Oppenheimer Holdings Inc cl A | CLA | 683797104 | 11 | 463 | SH | | SOLE | | 0 | 463 | 0 |
| PBF Energy Inc cl A | COM | 69318G106 | 18 | 567 | SH | | SOLE | | 0 | 567 | 0 |
| PPG Industries Inc. | COM | 693506107 | 493 | 2,600 | SH | | SOLE | | 0 | 2,600 | 0 |
| Packaging Corp of America | COM | 695156109 | 11 | 175 | SH | | SOLE | | 0 | 175 | 0 |
| Pandora Media, Inc. | COM | 698354107 | 1,163 | 43,720 | SH | | SOLE | | 0 | 43,720 | 0 |
| Parker-Hannifin Corp. | COM | 701094104 | 404 | 3,140 | SH | | SOLE | | 0 | 3,140 | 0 |
| Parkway Properties Inc | REIT | 70159Q104 | 11 | 567 | SH | | SOLE | | 0 | 567 | 0 |
| Pitney Bowes Inc. | COM | 724479100 | 1,338 | 57,427 | SH | | SOLE | | 0 | 57,427 | 0 |
| Polaris Industries Inc | COM | 731068102 | 1,378 | 9,460 | SH | | SOLE | | 0 | 9,460 | 0 |
| Powell Industries Inc. | COM | 739128106 | 31 | 461 | SH | | SOLE | | 0 | 461 | 0 |
| PowerShares QQQ Trust Sr 1 | ETF | 73935A104 | 13 | 143 | SH | | SOLE | | 0 | 143 | 0 |
| Priceline.com Inc. | COM | 741503403 | 1,407 | 1,210 | SH | | SOLE | | 0 | 1,210 | 0 |
| PriceSmart Inc. | COM | 741511109 | 28 | 241 | SH | | SOLE | | 0 | 241 | 0 |
| Principal Financial Group | COM | 74251V102 | 406 | 8,230 | SH | | SOLE | | 0 | 8,230 | 0 |
| Protective Life Corp. | COM | 743674103 | 412 | 8,130 | SH | | SOLE | | 0 | 8,130 | 0 |
| Prudential Financial Inc | COM | 744320102 | 1,967 | 21,330 | SH | | SOLE | | 0 | 21,330 | 0 |
| Quiksilver Inc. | COM | 74838C106 | 23 | 2,575 | SH | | SOLE | | 0 | 2,575 | 0 |
| RPC Inc. | COM | 749660106 | 32 | 1,770 | SH | | SOLE | | 0 | 1,770 | 0 |
| Raytheon Company | COM | 755111507 | 505 | 5,571 | SH | | SOLE | | 0 | 5,571 | 0 |
| Rite Aid Corporation | COM | 767754104 | 28 | 5,563 | SH | | SOLE | | 0 | 5,563 | 0 |
| Rockwell Automation Inc | COM | 773903109 | 276 | 2,340 | SH | | SOLE | | 0 | 2,340 | 0 |
| Rockwood Holdings, Inc. | COM | 774415103 | 10 | 141 | SH | | SOLE | | 0 | 141 | 0 |
| Ryder System Inc. | COM | 783549108 | 410 | 5,554 | SH | | SOLE | | 0 | 5,554 | 0 |
| SBA Communications Corp. | COM | 78388J106 | 28 | 314 | SH | | SOLE | | 0 | 314 | 0 |
| SM Energy Company | COM | 78454L100 | 1,299 | 15,630 | SH | | SOLE | | 0 | 15,630 | 0 |
| SPDR S&P Gbl Natural Res. ETF | ETF | 78463X541 | 11 | 213 | SH | | SOLE | | 0 | 213 | 0 |
| SPDR Barclays High Yield Bond | ETF | 78464A417 | 11 | 259 | SH | | SOLE | | 0 | 259 | 0 |
| SPDR S&P MidCap 400 ETF | ETF | 78467Y107 | 11 | 44 | SH | | SOLE | | 0 | 44 | 0 |
| SVB Financial Group | COM | 78486Q101 | 475 | 4,530 | SH | | SOLE | | 0 | 4,530 | 0 |
| Safeway Inc. | COM | 786514208 | 1,551 | 47,618 | SH | | SOLE | | 0 | 47,618 | 0 |
| St. Jude Medical Inc. | COM | 790849103 | 1,479 | 23,880 | SH | | SOLE | | 0 | 23,880 | 0 |
| Salix Pharmaceuticals Ltd. | COM | 795435106 | 1,308 | 14,540 | SH | | SOLE | | 0 | 14,540 | 0 |
| Sandy Spring Bancorp Inc. | COM | 800363103 | 29 | 1,034 | SH | | SOLE | | 0 | 1,034 | 0 |
| Sapient Corporation | COM | 803062108 | 45 | 2,606 | SH | | SOLE | | 0 | 2,606 | 0 |
| A. Schulman, Inc. | COM | 808194104 | 40 | 1,132 | SH | | SOLE | | 0 | 1,132 | 0 |
| Charles Schwab Corp | COM | 808513105 | 1,724 | 66,320 | SH | | SOLE | | 0 | 66,320 | 0 |
| SciQuest, Inc. | COM | 80908T101 | 27 | 955 | SH | | SOLE | | 0 | 955 | 0 |
| Sealed Air Corporation | COM | 81211K100 | 1,631 | 47,890 | SH | | SOLE | | 0 | 47,890 | 0 |
| SPDR Health Care Select Sector | ETF | 81369Y209 | 13 | 229 | SH | | SOLE | | 0 | 229 | 0 |
| SPDR Consumer Discretionary | ETF | 81369Y407 | 13 | 196 | SH | | SOLE | | 0 | 196 | 0 |
| SPDR Select Technology | ETF | 81369Y803 | 11 | 319 | SH | | SOLE | | 0 | 319 | 0 |
| Selective Insurance Group | COM | 816300107 | 11 | 416 | SH | | SOLE | | 0 | 416 | 0 |
| Simmons First National Corp | COM | 828730200 | 24 | 637 | SH | | SOLE | | 0 | 637 | 0 |
| Sinclair Broadcast Group | COM | 829226109 | 16 | 447 | SH | | SOLE | | 0 | 447 | 0 |
| A.O. Smith Corp. | COM | 831865209 | 1,294 | 23,990 | SH | | SOLE | | 0 | 23,990 | 0 |
| Solera Holdings Inc | COM | 83421A104 | 1,327 | 18,760 | SH | | SOLE | | 0 | 18,760 | 0 |
| Southwest Airlines Co. | COM | 844741108 | 1,793 | 95,180 | SH | | SOLE | | 0 | 95,180 | 0 |
| Spectranetics Corp | COM | 84760C107 | 29 | 1,160 | SH | | SOLE | | 0 | 1,160 | 0 |
| Spirit Aerosystems Holdings | COM | 848574109 | 1,315 | 38,580 | SH | | SOLE | | 0 | 38,580 | 0 |
| Sprint Nextel Corp | COM | 85207U105 | 1,436 | 133,620 | SH | | SOLE | | 0 | 133,620 | 0 |
| State Street Corp | COM | 857477103 | 449 | 6,120 | SH | | SOLE | | 0 | 6,120 | 0 |
| Stone Energy Corporation | COM | 861642106 | 31 | 888 | SH | | SOLE | | 0 | 888 | 0 |
| Sturm Ruger & Co. Inc. | COM | 864159108 | 23 | 321 | SH | | SOLE | | 0 | 321 | 0 |
| Sunoco Logistics Part LP | MLP | 86764L108 | 12 | 161 | SH | | SOLE | | 0 | 161 | 0 |
| SunPower Corp | COM | 867652406 | 30 | 1,001 | SH | | SOLE | | 0 | 1,001 | 0 |
| Susser Holdings Corporation | COM | 869233106 | 30 | 462 | SH | | SOLE | | 0 | 462 | 0 |
| TD Ameritrade Hldg Corp | COM | 87236Y108 | 416 | 13,580 | SH | | SOLE | | 0 | 13,580 | 0 |
| TJX Companies Inc. | COM | 872540109 | 396 | 6,210 | SH | | SOLE | | 0 | 6,210 | 0 |
| Targa Resources Corp. | COM | 87612G101 | 13 | 151 | SH | | SOLE | | 0 | 151 | 0 |
| Teleflex Inc. | COM | 879369106 | 1,235 | 13,160 | SH | | SOLE | | 0 | 13,160 | 0 |
| Temper-Sealy International Inc | COM | 88023U101 | 997 | 18,480 | SH | | SOLE | | 0 | 18,480 | 0 |
| Tesco Corporation | COM | 88157K101 | 49 | 2,493 | SH | | SOLE | | 0 | 2,493 | 0 |
| Texas Instruments, Inc. | COM | 882508104 | 496 | 11,290 | SH | | SOLE | | 0 | 11,290 | 0 |
| 3D Systems Corp | COM | 88554D205 | 1,348 | 14,510 | SH | | SOLE | | 0 | 14,510 | 0 |
| 3M Company | COM | 88579Y101 | 1,112 | 7,930 | SH | | SOLE | | 0 | 7,930 | 0 |
| Total System Services Inc. | COM | 891906109 | 1,385 | 41,630 | SH | | SOLE | | 0 | 41,630 | 0 |
| Trinity Industries, Inc. | COM | 896522109 | 29 | 537 | SH | | SOLE | | 0 | 537 | 0 |
| TrustCo Bank Corp NY | COM | 898349105 | 29 | 3,987 | SH | | SOLE | | 0 | 3,987 | 0 |
| Tupperware Brands Corp. | COM | 899896104 | 11 | 116 | SH | | SOLE | | 0 | 116 | 0 |
| United Parcel Service Inc. | COM | 911312106 | 1,606 | 15,280 | SH | | SOLE | | 0 | 15,280 | 0 |
| United Rentals Inc. | COM | 911363109 | 1,296 | 16,620 | SH | | SOLE | | 0 | 16,620 | 0 |
| United States Steel Corp | COM | 912909108 | 32 | 1,081 | SH | | SOLE | | 0 | 1,081 | 0 |
| Universal Insurance Hldgs | COM | 91359V107 | 12 | 858 | SH | | SOLE | | 0 | 858 | 0 |
| Universal Health Services | COM | 913903100 | 1,396 | 17,180 | SH | | SOLE | | 0 | 17,180 | 0 |
| V.F. Corporation | COM | 918204108 | 509 | 8,160 | SH | | SOLE | | 0 | 8,160 | 0 |
| Valero Energy Corp. | COM | 91913Y100 | 1,410 | 27,967 | SH | | SOLE | | 0 | 27,967 | 0 |
| ViewPoint Financial Group | COM | 926727108 | 40 | 1,452 | SH | | SOLE | | 0 | 1,452 | 0 |
| Waddell & Reed cl A | COM | 930059100 | 1,305 | 20,034 | SH | | SOLE | | 0 | 20,034 | 0 |
| Wageworks Inc | COM | 930427109 | 47 | 784 | SH | | SOLE | | 0 | 784 | 0 |
| Walgreen Company | COM | 931422109 | 1,726 | 30,050 | SH | | SOLE | | 0 | 30,050 | 0 |
| WellPoint, Inc. | COM | 94973V107 | 442 | 4,780 | SH | | SOLE | | 0 | 4,780 | 0 |
| The Wendy's Company | COM | 95058W100 | 1,250 | 143,350 | SH | | SOLE | | 0 | 143,350 | 0 |
| Western Alliance Bancorp. | COM | 957638109 | 49 | 2,047 | SH | | SOLE | | 0 | 2,047 | 0 |
| Western Digital Corp. | COM | 958102105 | 1,527 | 18,200 | SH | | SOLE | | 0 | 18,200 | 0 |
| Whirlpool Corporation | COM | 963320106 | 11 | 71 | SH | | SOLE | | 0 | 71 | 0 |
| Clayton Williams Energy Inc. | COM | 969490101 | 23 | 281 | SH | | SOLE | | 0 | 281 | 0 |
| WisdomTree Investments | COM | 97717P104 | 37 | 2,069 | SH | | SOLE | | 0 | 2,069 | 0 |
| World Wrestling Entertainment | COM | 98156Q108 | 13 | 809 | SH | | SOLE | | 0 | 809 | 0 |
| Worthington Industries | COM | 981811102 | 12 | 289 | SH | | SOLE | | 0 | 289 | 0 |
| Wynn Resorts Ltd. | COM | 983134107 | 18 | 92 | SH | | SOLE | | 0 | 92 | 0 |
| Yahoo! Inc. | COM | 984332106 | 1,595 | 39,432 | SH | | SOLE | | 0 | 39,432 | 0 |
| Eaton Corporation, plc | COM | G29183103 | 11 | 148 | SH | | SOLE | | 0 | 148 | 0 |
| Invesco Ltd. | COM | G491BT108 | 11 | 303 | SH | | SOLE | | 0 | 303 | 0 |
| Marvell Technology Grp | COM | G5876H105 | 12 | 858 | SH | | SOLE | | 0 | 858 | 0 |
| Garmin Ltd | COM | H2906T109 | 15 | 319 | SH | | SOLE | | 0 | 319 | 0 |
| Stratasys, Ltd. | COM | M85548101 | 40 | 295 | SH | | SOLE | | 0 | 295 | 0 |
| LyondellBasell Industries cl A | CLA | N53745100 | 11 | 139 | SH | | SOLE | | 0 | 139 | 0 |
| Copa Holdings cl A | CLA | P31076105 | 12 | 73 | SH | | SOLE | | 0 | 73 | 0 |
| Scorpio Tankers Inc. | COM | Y7542C106 | 11 | 965 | SH | | SOLE | | 0 | 965 | 0 |
| Teekay Corporation | COM | Y8564W103 | 12 | 248 | SH | | SOLE | | 0 | 248 | 0 |
