Alpha Windward 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
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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
AARONS INC	COM PAR $0.50	002535300	474	13,080	SH		SOLE		13,080	0	0
APPLE INC	COM	037833100	262	2,092	SH		SOLE		2,092	0	0
ABBVIE INC	COM	00287Y109	368	5,470	SH		SOLE		5,470	0	0
AMERISOURCEBERGEN CORP	COM	03073E105	31	287	SH		SOLE		287	0	0
ABM INDS INC	COM	000957100	479	14,580	SH		SOLE		14,580	0	0
ABBOTT LABS	COM	002824100	204	4,155	SH		SOLE		4,155	0	0
ADOBE SYS INC	COM	00724F101	16	194	SH		SOLE		194	0	0
ANALOG DEVICES INC	COM	032654105	24	369	SH		SOLE		369	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	680	14,096	SH		SOLE		14,096	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	229	2,850	SH		SOLE		2,850	0	0
THE ADT CORPORATION	COM	00101J106	419	12,480	SH		SOLE		12,480	0	0
AMEREN CORP	COM	023608102	9	244	SH		SOLE		244	0	0
AMERICAN EAGLE OUTFITTERS NE	COM	02553E106	510	29,622	SH		SOLE		29,622	0	0
AMERICAN ELEC PWR INC	COM	025537101	175	3,298	SH		SOLE		3,298	0	0
AETNA INC NEW	COM	00817Y108	37	292	SH		SOLE		292	0	0
AFFYMETRIX INC	COM	00826T108	406	37,140	SH		SOLE		37,140	0	0
AFLAC INC	COM	001055102	202	3,241	SH		SOLE		3,241	0	0
AGCO CORP	COM	001084102	551	9,705	SH		SOLE		9,705	0	0
AAR CORP	COM	000361105	480	15,060	SH		SOLE		15,060	0	0
ALLSTATE CORP	COM	020002101	202	3,114	SH		SOLE		3,114	0	0
ALLISON TRANSMISSION HLDGS I	COM	01973R101	459	15,670	SH		SOLE		15,670	0	0
APPLIED MATLS INC	COM	038222105	152	7,903	SH		SOLE		7,903	0	0
AMC ENTMT HLDGS INC	CL A COM	00165C104	488	15,900	SH		SOLE		15,900	0	0
AMEDISYS INC	COM	023436108	651	16,380	SH		SOLE		16,380	0	0
AMGEN INC	COM	031162100	224	1,456	SH		SOLE		1,456	0	0
AMAZON COM INC	COM	023135106	194	447	SH		SOLE		447	0	0
AUTONATION INC	COM	05329W102	511	8,121	SH		SOLE		8,121	0	0
ANTHEM INC	COM	036752103	758	4,621	SH		SOLE		4,621	0	0
AON PLC SHS	CL A	G0408V102	4	44	SH		SOLE		44	0	0
SMITH A O	COM	831865209	511	7,099	SH		SOLE		7,099	0	0
APACHE CORP	COM	037411105	123	2,135	SH		SOLE		2,135	0	0
ANADARKO PETE CORP	COM	032511107	148	1,892	SH		SOLE		1,892	0	0
AIR PRODS & CHEMS INC	COM	009158106	238	1,738	SH		SOLE		1,738	0	0
ARROW ELECTRS INC	COM	042735100	25	445	SH		SOLE		445	0	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	387	12,802	SH		SOLE		12,802	0	0
ATMOS ENERGY CORP	COM	049560105	35	687	SH		SOLE		687	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	82	3,382	SH		SOLE		3,382	0	0
AVERY DENNISON CORP	COM	053611109	502	8,234	SH		SOLE		8,234	0	0
AMERICAN EXPRESS CO	COM	025816109	180	2,318	SH		SOLE		2,318	0	0
AUTOZONE INC	COM	053332102	189	284	SH		SOLE		284	0	0
NATUS MEDICAL INC DEL	COM	639050103	549	12,900	SH		SOLE		12,900	0	0
BOOZ ALLEN HAMILTON HLDG COR	CL A	099502106	436	17,278	SH		SOLE		17,278	0	0
BAXTER INTL INC	COM	071813109	198	2,830	SH		SOLE		2,830	0	0
BB&T CORP	COM	054937107	219	5,422	SH		SOLE		5,422	0	0
BEST BUY INC	COM	086516101	35	1,069	SH		SOLE		1,069	0	0
BRINKS CO	COM	109696104	410	13,920	SH		SOLE		13,920	0	0
BECTON DICKINSON & CO	COM	075887109	263	1,854	SH		SOLE		1,854	0	0
FRANKLIN RES INC	COM	354613101	178	3,632	SH		SOLE		3,632	0	0
BRIGGS & STRATTON CORP	COM	109043109	454	23,580	SH		SOLE		23,580	0	0
BAKER HUGHES INC	COM	057224107	212	3,443	SH		SOLE		3,443	0	0
BIG LOTS INC	COM	089302103	451	10,020	SH		SOLE		10,020	0	0
BIOGEN INC	COM	09062X103	80	199	SH		SOLE		199	0	0
BIO RAD LABS INC	CL A	090572207	32	212	SH		SOLE		212	0	0
BANK NEW YORK MELLON CORP	COM	064058100	238	5,673	SH		SOLE		5,673	0	0
BARNES & NOBLE INC	COM	067774109	548	21,120	SH		SOLE		21,120	0	0
BLACKROCK INC	COM	09247X101	209	604	SH		SOLE		604	0	0
BIOMARIN PHARMACEUTICAL INC	COM	09061G101	35	253	SH		SOLE		253	0	0
BEMIS INC	COM	081437105	452	10,039	SH		SOLE		10,039	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	395	5,942	SH		SOLE		5,942	0	0
BOK FINL CORP	COM NEW	05561Q201	29	421	SH		SOLE		421	0	0
BOSTON PRIVATE FINL HLDGS IN	COM	101119105	500	37,260	SH		SOLE		37,260	0	0
BROADRIDGE FINL SOLUTIONS IN	COM	11133T103	28	552	SH		SOLE		552	0	0
BRADY CORP	CL A	104674106	435	17,580	SH		SOLE		17,580	0	0
BROCADE COMMUNICATIONS SYS I	COM NEW	111621306	490	41,230	SH		SOLE		41,230	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	38	277	SH		SOLE		277	0	0
CA INC	COM	12673P105	670	22,880	SH		SOLE		22,880	0	0
CARDINAL HEALTH INC	COM	14149Y108	224	2,673	SH		SOLE		2,673	0	0
CALERES INC	COM	129500104	481	15,120	SH		SOLE		15,120	0	0
CATHAY GEN BANCORP	COM	149150104	514	15,840	SH		SOLE		15,840	0	0
CHUBB CORP	COM	171232101	234	2,457	SH		SOLE		2,457	0	0
CRACKER BARREL OLD CTRY STOR	COM	22410J106	1	8	SH		SOLE		8	0	0
CBS CORP NEW	CL B	124857202	9	160	SH		SOLE		160	0	0
COMMUNITY BK SYS INC	COM	203607106	501	13,260	SH		SOLE		13,260	0	0
CARNIVAL CORP	PAIRED CTF	143658300	49	986	SH		SOLE		986	0	0
CDK GLOBAL INC	COM	12508E101	91	1,686	SH		SOLE		1,686	0	0
CELANESE CORP DEL	COM SER A	150870103	530	7,380	SH		SOLE		7,380	0	0
CELGENE CORP	COM	151020104	231	2,000	SH		SOLE		2,000	0	0
CINCINNATI FINL CORP	COM	172062101	24	471	SH		SOLE		471	0	0
COLGATE PALMOLIVE CO	COM	194162103	200	3,060	SH		SOLE		3,060	0	0
CLEAN HARBORS INC	COM	184496107	445	8,280	SH		SOLE		8,280	0	0
CLOROX CO DEL	COM	189054109	209	2,011	SH		SOLE		2,011	0	0
COMERICA INC	COM	200340107	29	562	SH		SOLE		562	0	0
COMMERCIAL METALS CO	COM	201723103	452	28,080	SH		SOLE		28,080	0	0
COMCAST CORP NEW	CL A	20030N101	284	4,723	SH		SOLE		4,723	0	0
CME GROUP INC	COM	12572Q105	44	474	SH		SOLE		474	0	0
CUMMINS INC	COM	231021106	4	34	SH		SOLE		34	0	0
COLUMBIA SPORTSWEAR CO	COM	198516106	490	8,100	SH		SOLE		8,100	0	0
CONOCOPHILLIPS	COM	20825C104	264	4,291	SH		SOLE		4,291	0	0
COSTCO WHSL CORP NEW	COM	22160K105	208	1,540	SH		SOLE		1,540	0	0
CEPHEID	COM	15670R107	33	543	SH		SOLE		543	0	0
CALIFORNIA RES CORP	COM	13057Q107	83	13,800	SH		SOLE		13,800	0	0
SALESFORCE COM INC	COM	79466L302	82	1,171	SH		SOLE		1,171	0	0
COMMUNICATIONS SALES&LEAS IN	COM	20341J104	7	286	SH		SOLE		286	0	0
COMPUTER SCIENCES CORP	COM	205363104	103	1,562	SH		SOLE		1,562	0	0
CISCO SYS INC	COM	17275R102	208	7,562	SH		SOLE		7,562	0	0
CSG SYS INTL INC	COM	126349109	490	15,480	SH		SOLE		15,480	0	0
CSX CORP	COM	126408103	44	1,349	SH		SOLE		1,349	0	0
CINTAS CORP	COM	172908105	485	5,734	SH		SOLE		5,734	0	0
COOPER TIRE & RUBR CO	COM	216831107	432	12,780	SH		SOLE		12,780	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	82	1,342	SH		SOLE		1,342	0	0
CABLEVISION SYS CORP	CL A NY CABLVS	12686C109	595	24,834	SH		SOLE		24,834	0	0
CONVERGYS CORP	COM	212485106	486	19,080	SH		SOLE		19,080	0	0
CVS HEALTH CORP	COM	126650100	855	8,148	SH		SOLE		8,148	0	0
CHEVRON CORP NEW	COM	166764100	653	6,774	SH		SOLE		6,774	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	11	264	SH		SOLE		264	0	0
TABLEAU SOFTWARE INC	CL A	87336U105	2	15	SH		SOLE		15	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	169	2,643	SH		SOLE		2,643	0	0
DILLARDS INC	CL A	254067101	445	4,232	SH		SOLE		4,232	0	0
DOLLAR GEN CORP NEW	COM	256677105	496	6,377	SH		SOLE		6,377	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	507	6,998	SH		SOLE		6,998	0	0
D R HORTON INC	COM	23331A109	9	337	SH		SOLE		337	0	0
DANAHER CORP DEL	COM	235851102	272	3,181	SH		SOLE		3,181	0	0
DISNEY WALT CO	COM DISNEY	254687106	359	3,149	SH		SOLE		3,149	0	0
DELEK US HLDGS INC	COM	246647101	451	12,240	SH		SOLE		12,240	0	0
DELUXE CORP	COM	248019101	453	7,313	SH		SOLE		7,313	0	0
DOVER CORP	COM	260003108	8	110	SH		SOLE		110	0	0
DOW CHEM CO	COM	260543103	710	13,878	SH		SOLE		13,878	0	0
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	39	540	SH		SOLE		540	0	0
DOMINOS PIZZA INC	COM	25754A201	14	125	SH		SOLE		125	0	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	437	34,140	SH		SOLE		34,140	0	0
DARDEN RESTAURANTS INC	COM	237194105	552	7,771	SH		SOLE		7,771	0	0
DST SYS INC DEL	COM	233326107	528	4,189	SH		SOLE		4,189	0	0
DIRECTV	COM	25490A309	5	53	SH		SOLE		53	0	0
DEVON ENERGY CORP NEW	COM	25179M103	139	2,331	SH		SOLE		2,331	0	0
DYNEGY INC NEW DEL	COM	26817R108	24	823	SH		SOLE		823	0	0
BRINKER INTL INC	COM	109641100	19	328	SH		SOLE		328	0	0
EBAY INC	COM	278642103	179	2,967	SH		SOLE		2,967	0	0
CONSOLIDATED EDISON INC	COM	209115104	212	3,657	SH		SOLE		3,657	0	0
ENGILITY HLDGS INC NEW	COM	29286C107	445	17,700	SH		SOLE		17,700	0	0
EDISON INTL	COM	281020107	24	431	SH		SOLE		431	0	0
E M C CORP MASS	COM	268648102	211	8,011	SH		SOLE		8,011	0	0
EMERSON ELEC CO	COM	291011104	211	3,809	SH		SOLE		3,809	0	0
ENERGIZER HLDGS INC	COM	29266R108	33	254	SH		SOLE		254	0	0
EPR PPTYS COM	SH BEN INT	26884U109	23	423	SH		SOLE		423	0	0
ESTERLINE TECHNOLOGIES CORP	COM	297425100	26	270	SH		SOLE		270	0	0
EATON CORP PLC	SHS	G29183103	44	645	SH		SOLE		645	0	0
ENTERGY CORP NEW	COM	29364G103	2	23	SH		SOLE		23	0	0
EXPEDITORS INTL WASH INC	COM	302130109	32	693	SH		SOLE		693	0	0
FIRST AMERN FINL CORP	COM	31847R102	517	13,906	SH		SOLE		13,906	0	0
FACEBOOK INC	CL A	30303M102	93	1,080	SH		SOLE		1,080	0	0
FTI CONSULTING INC	COM	302941109	483	11,700	SH		SOLE		11,700	0	0
FAIRCHILD SEMICONDUCTOR INTL	COM	303726103	395	22,740	SH		SOLE		22,740	0	0
FEDEX CORP	COM	31428X106	198	1,163	SH		SOLE		1,163	0	0
FEDERATED INVS INC PA	CL B	314211103	34	1,013	SH		SOLE		1,013	0	0
FISERV INC	COM	337738108	211	2,552	SH		SOLE		2,552	0	0
FIDELITY NATIONAL FINANCIAL FN	COM	31620R303	30	817	SH		SOLE		817	0	0
FRONTIER COMMUNICATIONS CORP	COM	35906A108	36	7,307	SH		SOLE		7,307	0	0
FULTON FINL CORP PA	COM	360271100	483	36,960	SH		SOLE		36,960	0	0
GENERAL DYNAMICS CORP	COM	369550108	768	5,421	SH		SOLE		5,421	0	0
GENERAL ELECTRIC CO	COM	369604103	362	13,613	SH		SOLE		13,613	0	0
GENERAL GROWTH PPTYS INC NEW	COM	370023103	22	843	SH		SOLE		843	0	0
GILEAD SCIENCES INC	COM	375558103	343	2,927	SH		SOLE		2,927	0	0
GENERAL MLS INC	COM	370334104	247	4,437	SH		SOLE		4,437	0	0
G & K SVCS INC	CL A	361268105	456	6,600	SH		SOLE		6,600	0	0
CORNING INC	COM	219350105	308	15,598	SH		SOLE		15,598	0	0
GENERAL MTRS CO	COM	37045V100	35	1,036	SH		SOLE		1,036	0	0
GOOGLE INC	CL C	38259P706	125	241	SH		SOLE		241	0	0
GOOGLE INC	CL A	38259P508	130	241	SH		SOLE		241	0	0
GAP INC DEL	COM	364760108	59	1,557	SH		SOLE		1,557	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	177	848	SH		SOLE		848	0	0
HALLIBURTON CO	COM	406216101	144	3,355	SH		SOLE		3,355	0	0
HASBRO INC	COM	418056107	23	303	SH		SOLE		303	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	501	44,325	SH		SOLE		44,325	0	0
HCA HOLDINGS INC	COM	40412C101	34	378	SH		SOLE		378	0	0
HCC INS HLDGS INC	COM	404132102	1	16	SH		SOLE		16	0	0
HOME DEPOT INC	COM	437076102	371	3,341	SH		SOLE		3,341	0	0
HESS CORP	COM	42809H107	135	2,018	SH		SOLE		2,018	0	0
HOLLYFRONTIER CORP	COM	436106108	497	11,639	SH		SOLE		11,639	0	0
HILLENBRAND INC	COM	431571108	451	14,700	SH		SOLE		14,700	0	0
HUNTINGTON INGALLS INDS INC	COM	446413106	19	170	SH		SOLE		170	0	0
HNI CORP	COM	404251100	485	9,480	SH		SOLE		9,480	0	0
HARLEY DAVIDSON INC	COM	412822108	1	25	SH		SOLE		25	0	0
HOLOGIC INC	COM	436440101	29	765	SH		SOLE		765	0	0
HONEYWELL INTL INC	COM	438516106	197	1,932	SH		SOLE		1,932	0	0
HEWLETT PACKARD CO	COM	428236103	259	8,629	SH		SOLE		8,629	0	0
HARRIS CORP DEL	COM	413875105	457	5,940	SH		SOLE		5,940	0	0
SCHEIN HENRY INC	COM	806407102	469	3,300	SH		SOLE		3,300	0	0
HERSHEY CO	COM	427866108	189	2,123	SH		SOLE		2,123	0	0
HILLTOP HOLDINGS INC	COM	432748101	528	21,900	SH		SOLE		21,900	0	0
HEXCEL CORP NEW	COM	428291108	30	605	SH		SOLE		605	0	0
HALYARD HEALTH INC	COM	40650V100	4	87	SH		SOLE		87	0	0
IAC INTERACTIVECORP	COM PAR $.001	44919P508	534	6,698	SH		SOLE		6,698	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	191	1,176	SH		SOLE		1,176	0	0
II VI INC	COM	902104108	481	25,320	SH		SOLE		25,320	0	0
ILLUMINA INC	COM	452327109	88	405	SH		SOLE		405	0	0
INGRAM MICRO INC	CL A	457153104	441	17,606	SH		SOLE		17,606	0	0
INGREDION INC	COM	457187102	10	126	SH		SOLE		126	0	0
INSYS THERAPEUTICS INC NEW	COM NEW	45824V209	565	15,720	SH		SOLE		15,720	0	0
WORLD FUEL SVCS CORP	COM	981475106	5	104	SH		SOLE		104	0	0
INTEL CORP	COM	458140100	269	8,848	SH		SOLE		8,848	0	0
INTUIT	COM	461202103	7	71	SH		SOLE		71	0	0
INTL PAPER CO	COM	460146103	471	9,906	SH		SOLE		9,906	0	0
IMPAX LABORATORIES INC	COM	45256B101	31	683	SH		SOLE		683	0	0
INTERSIL CORP	CL A	46069S109	443	35,400	SH		SOLE		35,400	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	177	366	SH		SOLE		366	0	0
ITRON INC	COM	465741106	440	12,780	SH		SOLE		12,780	0	0
ILLINOIS TOOL WKS INC	COM	452308109	286	3,119	SH		SOLE		3,119	0	0
HUNT J B TRANS SVCS INC	COM	445658107	31	381	SH		SOLE		381	0	0
JABIL CIRCUIT INC	COM	466313103	434	20,407	SH		SOLE		20,407	0	0
JOHNSON CTLS INC	COM	478366107	248	5,017	SH		SOLE		5,017	0	0
PENNEY J C INC	COM	708160106	461	54,420	SH		SOLE		54,420	0	0
JONES LANG LASALLE INC	COM	48020Q107	31	180	SH		SOLE		180	0	0
JOHNSON & JOHNSON	COM	478160104	281	2,880	SH		SOLE		2,880	0	0
JUNIPER NETWORKS INC	COM	48203R104	469	18,074	SH		SOLE		18,074	0	0
JANUS CAP GROUP INC	COM	47102X105	489	28,548	SH		SOLE		28,548	0	0
JOY GLOBAL INC	COM	481165108	393	10,860	SH		SOLE		10,860	0	0
JPMORGAN CHASE & CO	COM	46625H100	435	6,427	SH		SOLE		6,427	0	0
KELLOGG CO	COM	487836108	170	2,706	SH		SOLE		2,706	0	0
KORN FERRY INTL	COM NEW	500643200	494	14,220	SH		SOLE		14,220	0	0
KIMBERLY CLARK CORP	COM	494368103	279	2,635	SH		SOLE		2,635	0	0
KENNAMETAL INC	COM	489170100	7	205	SH		SOLE		205	0	0
COCA COLA CO	COM	191216100	269	6,855	SH		SOLE		6,855	0	0
KRAFT FOODS GROUP INC	COM	50076Q106	3	39	SH		SOLE		39	0	0
KRONOS WORLDWIDE INC	COM	50105F105	408	37,260	SH		SOLE		37,260	0	0
KOHLS CORP	COM	500255104	490	7,820	SH		SOLE		7,820	0	0
LEIDOS HLDGS INC	COM	525327102	487	12,067	SH		SOLE		12,067	0	0
LEAR CORP	COM NEW	521865204	502	4,470	SH		SOLE		4,470	0	0
LASALLE HOTEL PPTYS COM	SH BEN INT	517942108	4	125	SH		SOLE		125	0	0
L-3 COMMUNICATIONS HLDGS INC	COM	502424104	471	4,157	SH		SOLE		4,157	0	0
LILLY ELI & CO	COM	532457108	199	2,384	SH		SOLE		2,384	0	0
LEGG MASON INC	COM	524901105	477	9,248	SH		SOLE		9,248	0	0
LOCKHEED MARTIN CORP	COM	539830109	253	1,363	SH		SOLE		1,363	0	0
SNYDERS-LANCE INC	COM	833551104	503	15,600	SH		SOLE		15,600	0	0
LOWES COS INC	COM	548661107	207	3,086	SH		SOLE		3,086	0	0
LIFEPOINT HEALTH INC	COM	53219L109	565	6,493	SH		SOLE		6,493	0	0
LOUISIANA PAC CORP	COM	546347105	452	26,520	SH		SOLE		26,520	0	0
LAM RESEARCH CORP	COM	512807108	489	6,005	SH		SOLE		6,005	0	0
SOUTHWEST AIRLS CO	COM	844741108	19	587	SH		SOLE		587	0	0
MACYS INC	COM	55616P104	69	1,021	SH		SOLE		1,021	0	0
MASTERCARD INC	CL A	57636Q104	154	1,644	SH		SOLE		1,644	0	0
MID-AMER APT CMNTYS INC	COM	59522J103	28	383	SH		SOLE		383	0	0
MANPOWERGROUP INC	COM	56418H100	504	5,634	SH		SOLE		5,634	0	0
MCDONALDS CORP	COM	580135101	335	3,521	SH		SOLE		3,521	0	0
MCKESSON CORP	COM	58155Q103	22	96	SH		SOLE		96	0	0
MOODYS CORP	COM	615369105	2	14	SH		SOLE		14	0	0
MEDNAX INC	COM	58502B106	37	502	SH		SOLE		502	0	0
M D C HLDGS INC	COM	552676108	495	16,500	SH		SOLE		16,500	0	0
MONDELEZ INTL INC	CL A	609207105	48	1,171	SH		SOLE		1,171	0	0
MEDIVATION INC	COM	58501N101	19	167	SH		SOLE		167	0	0
MENTOR GRAPHICS CORP	COM	587200106	498	18,840	SH		SOLE		18,840	0	0
METLIFE INC	COM	59156R108	173	3,086	SH		SOLE		3,086	0	0
MAGELLAN HEALTH INC	COM NEW	559079207	500	7,140	SH		SOLE		7,140	0	0
MCGRAW HILL FINL INC	COM	580645109	229	2,276	SH		SOLE		2,276	0	0
MARSH & MCLENNAN COS INC	COM	571748102	15	257	SH		SOLE		257	0	0
MARCUS & MILLICHAP INC	COM	566324109	482	10,440	SH		SOLE		10,440	0	0
3M CO	COM	88579Y101	226	1,464	SH		SOLE		1,464	0	0
ALTRIA GROUP INC	COM	02209S103	43	885	SH		SOLE		885	0	0
MONSANTO CO NEW	COM	61166W101	157	1,474	SH		SOLE		1,474	0	0
MOSAIC CO NEW	COM	61945C103	503	10,729	SH		SOLE		10,729	0	0
MARATHON PETE CORP	COM	56585A102	268	5,130	SH		SOLE		5,130	0	0
MERCK & CO INC NEW	COM	58933Y105	143	2,518	SH		SOLE		2,518	0	0
MARATHON OIL CORP	COM	565849106	212	7,977	SH		SOLE		7,977	0	0
MORGAN STANLEY	COM NEW	617446448	28	730	SH		SOLE		730	0	0
MSA SAFETY INC	COM	553498106	495	10,200	SH		SOLE		10,200	0	0
MICROSOFT CORP	COM	594918104	299	6,762	SH		SOLE		6,762	0	0
M & T BK CORP	COM	55261F104	210	1,682	SH		SOLE		1,682	0	0
MURPHY OIL CORP	COM	626717102	118	2,847	SH		SOLE		2,847	0	0
MURPHY USA INC	COM	626755102	14	251	SH		SOLE		251	0	0
MEADWESTVACO CORP	COM	583334107	30	643	SH		SOLE		643	0	0
NETSUITE INC	COM	64118Q107	477	5,202	SH		SOLE		5,202	0	0
NASDAQ OMX GROUP INC	COM	631103108	33	682	SH		SOLE		682	0	0
NEXTERA ENERGY INC	COM	65339F101	159	1,624	SH		SOLE		1,624	0	0
NEW JERSEY RES	COM	646025106	412	14,940	SH		SOLE		14,940	0	0
NIKE INC	CL B	654106103	258	2,384	SH		SOLE		2,384	0	0
NORTHROP GRUMMAN CORP	COM	666807102	768	4,844	SH		SOLE		4,844	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	126	2,602	SH		SOLE		2,602	0	0
NORFOLK SOUTHERN CORP	COM	655844108	196	2,243	SH		SOLE		2,243	0	0
INSIGHT ENTERPRISES INC	COM	45765U103	479	16,020	SH		SOLE		16,020	0	0
NETAPP INC	COM	64110D104	121	3,843	SH		SOLE		3,843	0	0
NORTHERN TR CORP	COM	665859104	177	2,311	SH		SOLE		2,311	0	0
NUVASIVE INC	COM	670704105	469	9,900	SH		SOLE		9,900	0	0
NVIDIA CORP	COM	67066G104	32	1,577	SH		SOLE		1,577	0	0
NEWELL RUBBERMAID INC	COM	651229106	30	740	SH		SOLE		740	0	0
NEW YORK CMNTY BANCORP INC	COM	649445103	29	1,582	SH		SOLE		1,582	0	0
OWENS CORNING NEW	COM	690742101	511	12,378	SH		SOLE		12,378	0	0
OLIN CORP	COM PAR $1	680665205	438	16,260	SH		SOLE		16,260	0	0
OMNICOM GROUP INC	COM	681919106	8	110	SH		SOLE		110	0	0
OWENS & MINOR INC NEW	COM	690732102	471	13,860	SH		SOLE		13,860	0	0
ON SEMICONDUCTOR CORP	COM	682189105	30	2,576	SH		SOLE		2,576	0	0
ORACLE CORP	COM	68389X105	223	5,531	SH		SOLE		5,531	0	0
OMNIVISION TECHNOLOGIES INC	COM	682128103	450	17,160	SH		SOLE		17,160	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	254	3,269	SH		SOLE		3,269	0	0
PENSKE AUTOMOTIVE GRP INC	COM	70959W103	28	536	SH		SOLE		536	0	0
VERIFONE SYS INC	COM	92342Y109	10	287	SH		SOLE		287	0	0
PAYCHEX INC	COM	704326107	177	3,784	SH		SOLE		3,784	0	0
PACCAR INC	COM	693718108	475	7,450	SH		SOLE		7,450	0	0
PG&E CORP	COM	69331C108	6	129	SH		SOLE		129	0	0
PUBLIC SVC ENTERPRISE GROUP	COM	744573106	250	6,354	SH		SOLE		6,354	0	0
PENNSYLVANIA RL ESTATE INVT	SH BEN INT	709102107	433	20,280	SH		SOLE		20,280	0	0
PENN NATL GAMING INC	COM	707569109	512	27,900	SH		SOLE		27,900	0	0
PEPSICO INC	COM	713448108	303	3,246	SH		SOLE		3,246	0	0
PFIZER INC	COM	717081103	298	8,892	SH		SOLE		8,892	0	0
PROCTER & GAMBLE CO	COM	742718109	335	4,279	SH		SOLE		4,279	0	0
PARKER HANNIFIN CORP	COM	701094104	20	172	SH		SOLE		172	0	0
PULTE GROUP INC	COM	745867101	502	24,932	SH		SOLE		24,932	0	0
CHILDRENS PL INC	COM	168905107	451	6,900	SH		SOLE		6,900	0	0
PROLOGIS INC	COM	74340W103	48	1,303	SH		SOLE		1,303	0	0
PLEXUS CORP	COM	729132100	458	10,440	SH		SOLE		10,440	0	0
PHILIP MORRIS INTL INC	COM	718172109	490	6,111	SH		SOLE		6,111	0	0
PNC FINL SVCS GROUP INC	COM	693475105	117	1,221	SH		SOLE		1,221	0	0
PILGRIMS PRIDE CORP NEW	COM	72147K108	416	18,120	SH		SOLE		18,120	0	0
PPG INDS INC	COM	693506107	6	48	SH		SOLE		48	0	0
POST PPTYS INC	COM	737464107	28	515	SH		SOLE		515	0	0
PUBLIC STORAGE	COM	74460D109	201	1,089	SH		SOLE		1,089	0	0
PHILLIPS 66	COM	718546104	729	9,043	SH		SOLE		9,043	0	0
PRAXAIR INC	COM	74005P104	273	2,283	SH		SOLE		2,283	0	0
QUALCOMM INC	COM	747525103	128	2,043	SH		SOLE		2,043	0	0
QLIK TECHNOLOGIES INC	COM	74733T105	479	13,711	SH		SOLE		13,711	0	0
REYNOLDS AMERICAN INC	COM	761713106	10	131	SH		SOLE		131	0	0
REGAL BELOIT CORP	COM	758750103	427	5,880	SH		SOLE		5,880	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	85	166	SH		SOLE		166	0	0
ROCK-TENN CO	CL A	772739207	22	363	SH		SOLE		363	0	0
REALOGY HLDGS CORP	COM	75605Y106	30	632	SH		SOLE		632	0	0
ROLLINS INC	COM	775711104	541	18,960	SH		SOLE		18,960	0	0
RBC BEARINGS INC	COM	75524B104	456	6,360	SH		SOLE		6,360	0	0
REPUBLIC SVCS INC	COM	760759100	476	12,149	SH		SOLE		12,149	0	0
RAYTHEON CO	COM NEW	755111507	487	5,094	SH		SOLE		5,094	0	0
SANDERSON FARMS INC	COM	800013104	424	5,640	SH		SOLE		5,640	0	0
SCIENCE APPLICATNS INTL CP N	COM	808625107	460	8,700	SH		SOLE		8,700	0	0
SANMINA CORPORATION	COM	801056102	437	21,660	SH		SOLE		21,660	0	0
STARBUCKS CORP	COM	855244109	169	3,147	SH		SOLE		3,147	0	0
COMSCORE INC	COM	20564W105	451	8,460	SH		SOLE		8,460	0	0
SELECT MED HLDGS CORP	COM	81619Q105	502	30,960	SH		SOLE		30,960	0	0
SEMGROUP CORP	CL A	81663A105	10	130	SH		SOLE		130	0	0
STANCORP FINL GROUP INC	COM	852891100	32	429	SH		SOLE		429	0	0
SHUTTERFLY INC	COM	82568P304	470	9,840	SH		SOLE		9,840	0	0
SUNSTONE HOTEL INVS INC NEW	COM	867892101	28	1,886	SH		SOLE		1,886	0	0
SHERWIN WILLIAMS CO	COM	824348106	30	108	SH		SOLE		108	0	0
SMUCKER J M CO	COM NEW	832696405	475	4,383	SH		SOLE		4,383	0	0
SCHLUMBERGER LTD	COM	806857108	144	1,676	SH		SOLE		1,676	0	0
SCRIPPS NETWORKS INTERACT IN	CL A COM	811065101	455	6,960	SH		SOLE		6,960	0	0
SOUTHERN CO	COM	842587107	133	3,186	SH		SOLE		3,186	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	25	143	SH		SOLE		143	0	0
STAPLES INC	COM	855030102	472	30,801	SH		SOLE		30,801	0	0
SPARTANNASH CO	COM	847215100	461	14,160	SH		SOLE		14,160	0	0
SEMPRA ENERGY	COM	816851109	183	1,851	SH		SOLE		1,851	0	0
SS&C TECHNOLOGIES HLDGS INC	COM	78467J100	523	8,369	SH		SOLE		8,369	0	0
SOVRAN SELF STORAGE INC	COM	84610H108	28	327	SH		SOLE		327	0	0
STARZ	COM SER A	85571Q102	566	12,666	SH		SOLE		12,666	0	0
STATE STR CORP	COM	857477103	268	3,485	SH		SOLE		3,485	0	0
STARWOOD PPTY TR INC	COM	85571B105	26	1,203	SH		SOLE		1,203	0	0
STRYKER CORP	COM	863667101	255	2,671	SH		SOLE		2,671	0	0
SYMANTEC CORP	COM	871503108	174	7,499	SH		SOLE		7,499	0	0
SYSCO CORP	COM	871829107	224	6,217	SH		SOLE		6,217	0	0
AT&T INC	COM	00206R102	324	9,125	SH		SOLE		9,125	0	0
TELEPHONE & DATA SYS INC	COM NEW	879433829	457	15,540	SH		SOLE		15,540	0	0
TECO ENERGY INC	COM	872375100	9	528	SH		SOLE		528	0	0
TERADYNE INC	COM	880770102	1	52	SH		SOLE		52	0	0
TARGET CORP	COM	87612E106	528	6,467	SH		SOLE		6,467	0	0
THOR INDS INC	COM	885160101	430	7,635	SH		SOLE		7,635	0	0
TIME INC NEW	COM	887228104	52	2,249	SH		SOLE		2,249	0	0
TJX COS INC NEW	COM	872540109	62	935	SH		SOLE		935	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	220	1,697	SH		SOLE		1,697	0	0
TOLL BROTHERS INC	COM	889478103	506	13,246	SH		SOLE		13,246	0	0
TRINITY INDS INC	COM	896522109	398	15,060	SH		SOLE		15,060	0	0
PRICE T ROWE GROUP INC	COM	74144T108	190	2,446	SH		SOLE		2,446	0	0
TRAVELERS COMPANIES INC	COM	89417E109	233	2,413	SH		SOLE		2,413	0	0
TYSON FOODS INC	CL A	902494103	51	1,190	SH		SOLE		1,190	0	0
TESORO CORP	COM	881609101	32	374	SH		SOLE		374	0	0
TAKE-TWO INTERACTIVE SOFTWAR	COM	874054109	521	18,900	SH		SOLE		18,900	0	0
TIME WARNER INC	COM NEW	887317303	220	2,513	SH		SOLE		2,513	0	0
TEXAS INSTRS INC	COM	882508104	245	4,755	SH		SOLE		4,755	0	0
UDR INC	COM	902653104	28	885	SH		SOLE		885	0	0
UNIVERSAL FST PRODS INC	COM	913543104	437	8,400	SH		SOLE		8,400	0	0
UGI CORP NEW	COM	902681105	466	13,536	SH		SOLE		13,536	0	0
UNIFIRST CORP MASS	COM	904708104	456	4,080	SH		SOLE		4,080	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	285	2,333	SH		SOLE		2,333	0	0
UNION PAC CORP	COM	907818108	209	2,188	SH		SOLE		2,188	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	187	1,929	SH		SOLE		1,929	0	0
US BANCORP DEL	COM NEW	902973304	287	6,612	SH		SOLE		6,612	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	243	2,194	SH		SOLE		2,194	0	0
VISA INC COM	CL A	92826C839	204	3,037	SH		SOLE		3,037	0	0
V F CORP	COM	918204108	45	639	SH		SOLE		639	0	0
VIACOM INC NEW	CL B	92553P201	139	2,151	SH		SOLE		2,151	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	761	12,156	SH		SOLE		12,156	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	295	6,327	SH		SOLE		6,327	0	0
WATERS CORP	COM	941848103	8	59	SH		SOLE		59	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	321	3,799	SH		SOLE		3,799	0	0
WEBSTER FINL CORP CONN	COM	947890109	518	13,092	SH		SOLE		13,092	0	0
WESCO INTL INC	COM	95082P105	432	6,300	SH		SOLE		6,300	0	0
WELLCARE HEALTH PLANS INC	COM	94946T106	513	6,044	SH		SOLE		6,044	0	0
WESTERN DIGITAL CORP	COM	958102105	82	1,046	SH		SOLE		1,046	0	0
WEC ENERGY GROUP INC	COM	92939U106	25	552	SH		SOLE		552	0	0
WENDYS CO	COM	95058W100	502	44,539	SH		SOLE		44,539	0	0
WELLS FARGO & CO NEW	COM	949746101	365	6,485	SH		SOLE		6,485	0	0
WINDSTREAM HLDGS INC	COM NEW	97382A200	8	1,184	SH		SOLE		1,184	0	0
WASTE MGMT INC DEL	COM	94106L109	147	3,178	SH		SOLE		3,178	0	0
WAL-MART STORES INC	COM	931142103	241	3,396	SH		SOLE		3,396	0	0
WABASH NATL CORP	COM	929566107	394	31,380	SH		SOLE		31,380	0	0
WESTERN REFNG INC	COM	959319104	29	670	SH		SOLE		670	0	0
VCA INC	COM	918194101	522	9,598	SH		SOLE		9,598	0	0
WP GLIMCHER IN	COM	92939N102	3	233	SH		SOLE		233	0	0
BERKLEY W R CORP	COM	084423102	516	9,933	SH		SOLE		9,933	0	0
WEST CORP	COM	952355204	446	14,820	SH		SOLE		14,820	0	0
WINTRUST FINL CORP	COM	97650W108	496	9,300	SH		SOLE		9,300	0	0
AQUA AMERICA INC	COM	03836W103	1	34	SH		SOLE		34	0	0
EXXON MOBIL CORP	COM	30231G102	342	4,107	SH		SOLE		4,107	0	0
XEROX CORP	COM	984121103	79	7,448	SH		SOLE		7,448	0	0
YUM BRANDS INC	COM	988498101	5	53	SH		SOLE		53	0	0
ZIMMER BIOMET HLDGS INC	COM	98956P102	181	1,655	SH		SOLE		1,655	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	18	168	SH		SOLE		168	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	8,124	99,975	SH		SOLE		99,975	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	2,171	27,070	SH		SOLE		27,070	0	0
ISHARES TR MSCI EAFE	ETF	464287465	9,381	147,758	SH		SOLE		147,758	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	13	278	SH		SOLE		278	0	0
ISHARES TR MSCI EMG MKT	ETF	464287234	4,669	117,856	SH		SOLE		117,856	0	0
SPDR S&P 500 ETF TR TR	UNIT	78462F103	2,210	10,734	SH		SOLE		10,734	0	0
ISHARES TR RUS MID-CAP	ETF	464287499	6,405	37,609	SH		SOLE		37,609	0	0
ISHARES TR	S&P NTL AMTFREE	464288414	1,035	9,564	SH		SOLE		9,564	0	0
SPDR SERIES TRUST	NUVN BR SHT MUNI	78464A425	58	2,388	SH		SOLE		2,388	0	0
ISHARES SHT NTLAMTFR	ETF	464288158	56	530	SH		SOLE		530	0	0
SPDR SERIES TRUST	NUVN BRCLY MUNI	78464A458	1,043	43,966	SH		SOLE		43,966	0	0
SPDR INDEX SHS FDS DJ GLB RL E	ETF	78463X749	55	1,198	SH		SOLE		1,198	0	0
SPDR INDEX SHS FDS DJ INTL RL	ETF	78463X863	2,670	63,786	SH		SOLE		63,786	0	0
VANGUARD INDEX FDS REIT	ETF	922908553	2,672	35,776	SH		SOLE		35,776	0	0
ISHARES TR RUSSELL 2000	ETF	464287655	2,372	19,000	SH		SOLE		19,000	0	0