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 |
AEROJET ROCKETDYNE HOLDINGS IN | COM | 007800105 | 16,368 | 911,879 | SH | | SOLE | | 766,790 | 0 | 145,089 |
ALTRIA GROUP INC COM | COM | 02209s103 | 488 | 7,224 | SH | | SOLE | | 7,224 | 0 | 0 |
AMERICAN AIRLS GRP INC COM | COM | 02376r102 | 8,666 | 185,603 | SH | | SOLE | | 164,803 | 0 | 20,800 |
AMERICAN CAMPUS CMNTYS COM | COM | 024835100 | 4,847 | 97,386 | SH | | SOLE | | 97,386 | 0 | 0 |
AMERICAN EXPRESS CO COM | COM | 025816109 | 7,019 | 94,753 | SH | | SOLE | | 79,948 | 0 | 14,805 |
APPLE COMPUTER | COM | 037833100 | 11,738 | 101,344 | SH | | SOLE | | 89,969 | 0 | 11,375 |
ASPEN INSURANCE HOLDINGS LTD | COM | g05384105 | 6,912 | 125,680 | SH | | SOLE | | 105,680 | 0 | 20,000 |
BAKER HUGHES INC COM | COM | 057224107 | 326 | 5,025 | SH | | SOLE | | 5,025 | 0 | 0 |
BEAZER HOMES USA INC COM NEW | COM | 07556Q881 | 5,893 | 443,116 | SH | | SOLE | | 358,116 | 0 | 85,000 |
BERKSHIRE HATHAWAY INC CL B | COM | 084670702 | 204 | 1,250 | SH | | SOLE | | 1,250 | 0 | 0 |
BIG LOTS INC COM | COM | 089302103 | 7,242 | 144,242 | SH | | SOLE | | 124,852 | 0 | 19,390 |
BIO-RAD LABORATORIES | COM | 090572207 | 5,085 | 27,897 | SH | | SOLE | | 24,332 | 0 | 3,565 |
BIOELECTRONICS CORP COM | COM | 09062H108 | 0 | 60,000 | SH | | SOLE | | 60,000 | 0 | 0 |
BP PLC SPONSORED ADR | COM | 055622104 | 356 | 9,537 | SH | | SOLE | | 9,537 | 0 | 0 |
BRAVO BRIO RESTAURANT COM | COM | 10567b109 | 209 | 55,079 | SH | | SOLE | | 55,079 | 0 | 0 |
BRISTOL-MYERS SQUIBB CO COM | COM | 110122108 | 376 | 6,437 | SH | | SOLE | | 6,437 | 0 | 0 |
BRISTOW GROUP INC | COM | 110394103 | 257 | 12,525 | SH | | SOLE | | 12,525 | 0 | 0 |
BROOKDALE SR LIVING COM | COM | 112463104 | 3,724 | 299,873 | SH | | SOLE | | 253,723 | 0 | 46,150 |
CATERPILLAR INC DEL COM | COM | 149123101 | 292 | 3,150 | SH | | SOLE | | 3,150 | 0 | 0 |
CHEVRON CORP NEW COM | COM | 166764100 | 2,102 | 17,861 | SH | | SOLE | | 17,861 | 0 | 0 |
CISCO SYS INC COM | COM | 17275R102 | 6,640 | 219,713 | SH | | SOLE | | 195,037 | 0 | 24,676 |
COHEN & STEERS INC COM | COM | 19247A100 | 8,769 | 260,982 | SH | | SOLE | | 231,007 | 0 | 29,975 |
COLGATE PALMOLIVE CO COM | COM | 194162103 | 314 | 4,800 | SH | | SOLE | | 4,800 | 0 | 0 |
COMCAST CORP COM CL A | COM | 20030N101 | 12,599 | 182,466 | SH | | SOLE | | 160,450 | 0 | 22,016 |
DELL TECHNOLOGIES INC COM CL V | COM | 24703l103 | 4,973 | 90,466 | SH | | SOLE | | 78,216 | 0 | 12,250 |
EOG RES INC COM | COM | 26875P101 | 8,212 | 81,228 | SH | | SOLE | | 72,242 | 0 | 8,986 |
ESTEE LAUDER COS INC COM | COM | 518439104 | 7,349 | 96,076 | SH | | SOLE | | 81,820 | 0 | 14,256 |
EXXON CORP COM | COM | 30231G102 | 1,069 | 11,846 | SH | | SOLE | | 11,846 | 0 | 0 |
FEC RESOURCES INC COM | COM | 30246x108 | 1 | 170,600 | SH | | SOLE | | 170,600 | 0 | 0 |
FOREST CITY ENTERPRISES INC CO | COM | 345605109 | 11,778 | 565,151 | SH | | SOLE | | 489,916 | 0 | 75,235 |
FOSSIL GROUP | COM | 34988V106 | 4,297 | 166,178 | SH | | SOLE | | 146,178 | 0 | 20,000 |
FRANKLIN RES INC COM | COM | 354613101 | 5,819 | 147,030 | SH | | SOLE | | 130,684 | 0 | 16,346 |
GATX CORP COM | COM | 361448103 | 8,669 | 140,775 | SH | | SOLE | | 123,142 | 0 | 17,633 |
GENERAL ELEC CO COM | COM | 369604103 | 9,341 | 295,598 | SH | | SOLE | | 253,175 | 0 | 42,423 |
HAWAIIAN HOLDINGS INC COM | COM | 419879101 | 845 | 14,820 | SH | | SOLE | | 14,820 | 0 | 0 |
HEWLETT PACKARD ENTERPRISE CO | COM | 42824C109 | 7,913 | 341,951 | SH | | SOLE | | 298,300 | 0 | 43,651 |
HP INC | COM | 40434L105 | 4,892 | 329,666 | SH | | SOLE | | 286,015 | 0 | 43,651 |
HUDSON PACIFIC PROPERTIES | COM | 444097109 | 495 | 14,220 | SH | | SOLE | | 14,220 | 0 | 0 |
HYSTER YALE MATLS HAND CL A | COM | 449172105 | 7,098 | 111,313 | SH | | SOLE | | 94,288 | 0 | 17,025 |
INSPERITY INC | COM | 45778Q107 | 7,265 | 102,392 | SH | | SOLE | | 86,892 | 0 | 15,500 |
INTEL CORP COM | COM | 458140100 | 9,253 | 255,110 | SH | | SOLE | | 219,390 | 0 | 35,720 |
INTERNATIONAL BUS MACH COM | COM | 459200101 | 464 | 2,795 | SH | | SOLE | | 2,795 | 0 | 0 |
IXIA | COM | 45071R109 | 279 | 17,350 | SH | | SOLE | | 17,350 | 0 | 0 |
J P MORGAN CHASE & CO COM | COM | 46625H100 | 10,282 | 119,161 | SH | | SOLE | | 105,187 | 0 | 13,974 |
JOHNSON & JOHNSON COM | COM | 478160104 | 7,779 | 67,516 | SH | | SOLE | | 58,594 | 0 | 8,922 |
KAISER ALUMINUM CORP COM PAR $ | COM | 483007704 | 8,915 | 114,757 | SH | | SOLE | | 97,105 | 0 | 17,652 |
KIMBERLY CLARK CORP COM | COM | 494368103 | 426 | 3,731 | SH | | SOLE | | 3,731 | 0 | 0 |
KLX INC. | COM | 482539103 | 8,432 | 186,915 | SH | | SOLE | | 158,075 | 0 | 28,840 |
KULICKE AND SOFFA INDUSTRIES I | COM | 501242101 | 235 | 14,750 | SH | | SOLE | | 14,750 | 0 | 0 |
LILLY ELI & CO COM | COM | 532457108 | 5,249 | 71,364 | SH | | SOLE | | 62,164 | 0 | 9,200 |
LKQ CORP COM | COM | 501889208 | 10,963 | 357,688 | SH | | SOLE | | 302,312 | 0 | 55,376 |
LOEWS CORP COM | COM | 540424108 | 2,496 | 53,294 | SH | | SOLE | | 53,294 | 0 | 0 |
MAGELLAN MIDSTREAM PRT COM UNI | COM | 559080106 | 594 | 7,860 | SH | | SOLE | | 7,860 | 0 | 0 |
MARCHEX INC CL B | COM | 56624r108 | 3,642 | 1,374,247 | SH | | SOLE | | 1,175,942 | 0 | 198,305 |
MERCK & CO INC NEW COM | COM | 58933Y105 | 8,303 | 141,038 | SH | | SOLE | | 121,129 | 0 | 19,909 |
MONDELEZ INTL INC | COM | 609207105 | 253 | 5,696 | SH | | SOLE | | 5,696 | 0 | 0 |
MRC GLOBAL INC COM | COM | 55345K103 | 322 | 15,885 | SH | | SOLE | | 15,885 | 0 | 0 |
NEWFIELD EXPL CO COM | COM | 651290108 | 6,314 | 155,896 | SH | | SOLE | | 134,852 | 0 | 21,044 |
NOBILIS HEALTH CORP | COM | 65500B103 | 1,574 | 749,459 | SH | | SOLE | | 669,459 | 0 | 80,000 |
NORDSON CORP COM | COM | 655663102 | 13,241 | 118,170 | SH | | SOLE | | 104,891 | 0 | 13,279 |
NORDSTROM INC COM | COM | 655664100 | 5,775 | 120,487 | SH | | SOLE | | 103,520 | 0 | 16,967 |
NORWEGIAN CRUISE LINE HOLDINGS | COM | G66721104 | 6,117 | 143,825 | SH | | SOLE | | 124,310 | 0 | 19,515 |
NOVAPET PRODUCTS INC COM | COM | 669875106 | 0 | 12,000 | SH | | SOLE | | 12,000 | 0 | 0 |
OMNOVA SOLUTIONS INC COM | COM | 682129101 | 11,547 | 1,154,658 | SH | | SOLE | | 1,028,815 | 0 | 125,843 |
ORACLE CORP COM | COM | 68389X105 | 8,446 | 219,658 | SH | | SOLE | | 188,952 | 0 | 30,706 |
PFIZER INC COM | COM | 717081103 | 663 | 20,414 | SH | | SOLE | | 20,414 | 0 | 0 |
PHILIP MORRIS INTL INC COM | COM | 718172109 | 1,133 | 12,388 | SH | | SOLE | | 12,388 | 0 | 0 |
PROCTER & GAMBLE CO COM | COM | 742718109 | 407 | 4,838 | SH | | SOLE | | 4,838 | 0 | 0 |
PROGRESSIVE CORP OHIO COM | COM | 743315103 | 1,134 | 31,950 | SH | | SOLE | | 31,950 | 0 | 0 |
PULTE GROUP INC COM | COM | 745867101 | 13,090 | 712,179 | SH | | SOLE | | 614,503 | 0 | 97,676 |
REX ENERGY CORPORATION COM | COM | 761565100 | 23 | 48,105 | SH | | SOLE | | 48,105 | 0 | 0 |
SCHLUMBERGER LTD COM | COM | 806857108 | 8,779 | 104,577 | SH | | SOLE | | 90,393 | 0 | 14,184 |
SCHWAB CHARLES CORP NEW COM | COM | 808513105 | 15,260 | 386,619 | SH | | SOLE | | 332,276 | 0 | 54,343 |
SIMON PPTY GROUP NEW COM | COM | 828806109 | 8,350 | 46,998 | SH | | SOLE | | 40,431 | 0 | 6,567 |
SKYWORKS SOLUTIONS INC COM | COM | 83088m102 | 11,033 | 147,776 | SH | | SOLE | | 128,622 | 0 | 19,154 |
STARBUCKS CORP COM | COM | 855244109 | 1,241 | 22,352 | SH | | SOLE | | 22,352 | 0 | 0 |
STEM CELL AUTH LTD | COM | 85857c108 | 0 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
SVB FINL GROUP COM | COM | 78486q101 | 7,646 | 44,539 | SH | | SOLE | | 36,039 | 0 | 8,500 |
TENET HEALTHCARE CORP COM | COM | 88033g407 | 3,464 | 233,439 | SH | | SOLE | | 206,068 | 0 | 27,371 |
TERADYNE INC COM | COM | 880770102 | 13,015 | 512,413 | SH | | SOLE | | 434,369 | 0 | 78,044 |
TETRA TECH INC NEW COM | COM | 88162G103 | 8,172 | 189,391 | SH | | SOLE | | 170,991 | 0 | 18,400 |
TIME WARNER INC COM | COM | 887317303 | 6,046 | 62,633 | SH | | SOLE | | 54,444 | 0 | 8,189 |
TIMKEN CO COM | COM | 887389104 | 237 | 5,980 | SH | | SOLE | | 5,980 | 0 | 0 |
TRANSOCEAN INC COM | COM | H8817H100 | 2,636 | 178,826 | SH | | SOLE | | 155,115 | 0 | 23,711 |
UNITED NAT FOOD INC COM | COM | 911163103 | 10,313 | 216,118 | SH | | SOLE | | 185,473 | 0 | 30,645 |
VERIZON COMMUNICATIONS COM | COM | 92343V104 | 265 | 4,971 | SH | | SOLE | | 4,971 | 0 | 0 |
WALT DISNEY CO COM | COM | 254687106 | 8,326 | 79,888 | SH | | SOLE | | 69,158 | 0 | 10,730 |
WELLS FARGO & CO NEW COM | COM | 949746101 | 8,820 | 160,049 | SH | | SOLE | | 137,930 | 0 | 22,119 |
WEYERHAEUSER CO COM | COM | 962166104 | 8,828 | 293,398 | SH | | SOLE | | 250,532 | 0 | 42,866 |
WYNDHAM WORLDWIDE CORP COM | COM | 98310W108 | 3,131 | 40,994 | SH | | SOLE | | 36,394 | 0 | 4,600 |
LAZARD EMERGING MARKETS EQUITY | MEUS | 52106N392 | 209 | 21,762 | SH | | SOLE | | 21,762 | 0 | 0 |
LAZARD FDS INC EMERG MKT RETL | MEUS | 52106n764 | 2,117 | 129,028 | SH | | SOLE | | 129,028 | 0 | 0 |
LAZARD FDS INC EMKTS EQBL OPN | MEUS | 52106N418 | 890 | 92,517 | SH | | SOLE | | 92,517 | 0 | 0 |