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

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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	555	13,920	SH		SOLE		13,920	0	0
APPLE INC	COM	037833100	267	1,576	SH		SOLE		1,576	0	0
ABBVIE INC	COM	00287Y109	387	4,004	SH		SOLE		4,004	0	0
AMERISOURCEBERGEN CORP	COM	03073E105	171	1,865	SH		SOLE		1,865	0	0
ABBOTT LABS	COM	002824100	254	4,444	SH		SOLE		4,444	0	0
AECOM	COM	00766T100	573	15,433	SH		SOLE		15,433	0	0
ADOBE SYS INC	COM	00724F101	275	1,572	SH		SOLE		1,572	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	798	19,907	SH		SOLE		19,907	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	290	2,478	SH		SOLE		2,478	0	0
AMERICAN ELEC PWR INC	COM	025537101	227	3,079	SH		SOLE		3,079	0	0
AETNA INC NEW	COM	00817Y108	46	257	SH		SOLE		257	0	0
AFLAC INC	COM	001055102	277	3,152	SH		SOLE		3,152	0	0
GALLAGHER ARTHUR J & CO	COM	363576109	17	274	SH		SOLE		274	0	0
ALLETE INC	COM NEW	018522300	20	274	SH		SOLE		274	0	0
ALLSTATE CORP	COM	020002101	304	2,905	SH		SOLE		2,905	0	0
ALLISON TRANSMISSION HLDGS I	COM	01973R101	561	13,020	SH		SOLE		13,020	0	0
APPLIED MATLS INC	COM	038222105	275	5,371	SH		SOLE		5,371	0	0
AMGEN INC	COM	031162100	298	1,711	SH		SOLE		1,711	0	0
AMERICAN HOMES 4 RENT	CL A	02665T306	34	1,543	SH		SOLE		1,543	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	26	185	SH		SOLE		185	0	0
AMAZON COM INC	COM	023135106	439	375	SH		SOLE		375	0	0
ANTHEM INC	COM	036752103	326	1,450	SH		SOLE		1,450	0	0
SMITH A O	COM	831865209	6	103	SH		SOLE		103	0	0
ARTISAN PARTNERS ASSET MGMT	CL A	04316A108	545	13,800	SH		SOLE		13,800	0	0
AIR PRODS & CHEMS INC	COM	009158106	268	1,631	SH		SOLE		1,631	0	0
ARES CAP CORP	COM	04010L103	500	31,803	SH		SOLE		31,803	0	0
ARROW ELECTRS INC	COM	042735100	566	7,033	SH		SOLE		7,033	0	0
ON ASSIGNMENT INC	COM	682159108	31	489	SH		SOLE		489	0	0
ATHENAHEALTH INC	COM	04685W103	44	327	SH		SOLE		327	0	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	559	23,160	SH		SOLE		23,160	0	0
AVALONBAY CMNTYS INC	COM	053484101	29	160	SH		SOLE		160	0	0
AVNET INC	COM	053807103	547	13,817	SH		SOLE		13,817	0	0
AMERICAN EXPRESS CO	COM	025816109	237	2,385	SH		SOLE		2,385	0	0
AUTOZONE INC	COM	053332102	204	287	SH		SOLE		287	0	0
BARNES GROUP INC	COM	067806109	505	7,980	SH		SOLE		7,980	0	0
BOOZ ALLEN HAMILTON HLDG COR	CL A	099502106	9	244	SH		SOLE		244	0	0
BAXTER INTL INC	COM	071813109	296	4,584	SH		SOLE		4,584	0	0
BB&T CORP	COM	054937107	274	5,501	SH		SOLE		5,501	0	0
BEST BUY INC	COM	086516101	3	46	SH		SOLE		46	0	0
BECTON DICKINSON & CO	COM	075887109	247	1,154	SH		SOLE		1,154	0	0
FRANKLIN RES INC	COM	354613101	256	5,912	SH		SOLE		5,912	0	0
BRIGGS & STRATTON CORP	COM	109043109	530	20,880	SH		SOLE		20,880	0	0
BAKER HUGHES A GE CO	CL A	05722G100	120	3,777	SH		SOLE		3,777	0	0
BIOGEN INC	COM	09062X103	14	44	SH		SOLE		44	0	0
BIOVERATIV INC	COM	09075E100	19	353	SH		SOLE		353	0	0
BANK NEW YORK MELLON CORP	COM	064058100	301	5,580	SH		SOLE		5,580	0	0
BUCKLE INC	COM	118440106	577	24,300	SH		SOLE		24,300	0	0
BANKUNITED INC	COM	06652K103	33	806	SH		SOLE		806	0	0
BLACKROCK INC	COM	09247X101	247	480	SH		SOLE		480	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	311	5,075	SH		SOLE		5,075	0	0
BROADRIDGE FINL SOLUTIONS IN	COM	11133T103	45	501	SH		SOLE		501	0	0
BRADY CORP	CL A	104674106	496	13,080	SH		SOLE		13,080	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	60	304	SH		SOLE		304	0	0
BRUKER CORP	COM	116794108	29	841	SH		SOLE		841	0	0
BORGWARNER INC	COM	099724106	497	9,720	SH		SOLE		9,720	0	0
CA INC	COM	12673P105	340	10,208	SH		SOLE		10,208	0	0
CALATLANTIC GROUP INC	COM	128195104	545	9,660	SH		SOLE		9,660	0	0
CACI INTL INC	CL A	127190304	19	144	SH		SOLE		144	0	0
CONAGRA BRANDS INC	COM	205887102	150	3,974	SH		SOLE		3,974	0	0
CARDINAL HEALTH INC	COM	14149Y108	152	2,488	SH		SOLE		2,488	0	0
CATERPILLAR INC DEL	COM	149123101	6	40	SH		SOLE		40	0	0
CATHAY GEN BANCORP	COM	149150104	28	668	SH		SOLE		668	0	0
CRACKER BARREL OLD CTRY STOR	COM	22410J106	30	188	SH		SOLE		188	0	0
CABOT CORP	COM	127055101	544	8,831	SH		SOLE		8,831	0	0
CHEMOURS CO	COM	163851108	12	233	SH		SOLE		233	0	0
CARNIVAL CORP	UNIT 99/99/9999	143658300	58	881	SH		SOLE		881	0	0
CDK GLOBAL INC	COM	12508E101	121	1,702	SH		SOLE		1,702	0	0
CDW CORP	COM	12514G108	530	7,620	SH		SOLE		7,620	0	0
CELGENE CORP	COM	151020104	180	1,722	SH		SOLE		1,722	0	0
CENTURY ALUM CO	COM	156431108	659	33,540	SH		SOLE		33,540	0	0
CERNER CORP	COM	156782104	172	2,555	SH		SOLE		2,555	0	0
CHEMICAL FINL CORP	COM	163731102	30	558	SH		SOLE		558	0	0
CHESAPEAKE LODGING TR	SH BEN INT	165240102	486	17,940	SH		SOLE		17,940	0	0
CIGNA CORPORATION	COM	125509109	41	204	SH		SOLE		204	0	0
CINCINNATI FINL CORP	COM	172062101	29	384	SH		SOLE		384	0	0
COLGATE PALMOLIVE CO	COM	194162103	215	2,845	SH		SOLE		2,845	0	0
COMERICA INC	COM	200340107	5	60	SH		SOLE		60	0	0
COMMERCIAL METALS CO	COM	201723103	590	27,660	SH		SOLE		27,660	0	0
COMCAST CORP NEW	CL A	20030N101	373	9,317	SH		SOLE		9,317	0	0
CME GROUP INC COM	CL A	12572Q105	5	34	SH		SOLE		34	0	0
CUMMINS INC	COM	231021106	718	4,067	SH		SOLE		4,067	0	0
CONDUENT INC	COM	206787103	147	9,094	SH		SOLE		9,094	0	0
COHEN & STEERS INC	COM	19247A100	533	11,280	SH		SOLE		11,280	0	0
CONNS INC	COM	208242107	578	16,260	SH		SOLE		16,260	0	0
CONOCOPHILLIPS	COM	20825C104	855	15,585	SH		SOLE		15,585	0	0
COSTCO WHSL CORP NEW	COM	22160K105	219	1,176	SH		SOLE		1,176	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	17	180	SH		SOLE		180	0	0
CREE INC	COM	225447101	540	14,533	SH		SOLE		14,533	0	0
CARTER INC	COM	146229109	38	323	SH		SOLE		323	0	0
CARPENTER TECHNOLOGY CORP	COM	144285103	566	11,100	SH		SOLE		11,100	0	0
CISCO SYS INC	COM	17275R102	242	6,318	SH		SOLE		6,318	0	0
CSRA INC	COM	12650T104	101	3,381	SH		SOLE		3,381	0	0
CSX CORP	COM	126408103	64	1,163	SH		SOLE		1,163	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	108	1,526	SH		SOLE		1,526	0	0
CVS HEALTH CORP	COM	126650100	211	2,907	SH		SOLE		2,907	0	0
CHEVRON CORP NEW	COM	166764100	314	2,505	SH		SOLE		2,505	0	0
CORECIVIC INC	COM	21871N101	10	443	SH		SOLE		443	0	0
CYPRESS SEMICONDUCTOR CORP	COM	232806109	498	32,669	SH		SOLE		32,669	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	616	11,001	SH		SOLE		11,001	0	0
DARLING INGREDIENTS INC	COM	237266101	562	31,020	SH		SOLE		31,020	0	0
DOLLAR GEN CORP NEW	COM	256677105	178	1,918	SH		SOLE		1,918	0	0
DANAHER CORP DEL	COM	235851102	213	2,293	SH		SOLE		2,293	0	0
DIODES INC	COM	254543101	470	16,380	SH		SOLE		16,380	0	0
DISNEY WALT CO	COM DISNEY	254687106	257	2,388	SH		SOLE		2,388	0	0
DELEK US HLDGS INC NEW	COM	24665A103	595	17,040	SH		SOLE		17,040	0	0
DOVER CORP	COM	260003108	11	104	SH		SOLE		104	0	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	509	45,060	SH		SOLE		45,060	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	20	233	SH		SOLE		233	0	0
DOWDUPONT INC	COM	26078J100	262	3,680	SH		SOLE		3,680	0	0
DXC TECHNOLOGY CO	COM	23355L106	390	4,112	SH		SOLE		4,112	0	0
ELECTRONIC ARTS INC	COM	285512109	107	1,022	SH		SOLE		1,022	0	0
EBAY INC	COM	278642103	207	5,487	SH		SOLE		5,487	0	0
ECOLAB INC	COM	278865100	4	29	SH		SOLE		29	0	0
CONSOLIDATED EDISON INC	COM	209115104	264	3,110	SH		SOLE		3,110	0	0
ENGILITY HLDGS INC NEW	COM	29286C107	517	18,240	SH		SOLE		18,240	0	0
HEALTHSOUTH CORP	COM NEW	421924309	567	11,481	SH		SOLE		11,481	0	0
EDISON INTL	COM	281020107	24	376	SH		SOLE		376	0	0
CALLAWAY GOLF CO	COM	131193104	496	35,640	SH		SOLE		35,640	0	0
EASTMAN CHEM CO	COM	277432100	522	5,640	SH		SOLE		5,640	0	0
EMERSON ELEC CO	COM	291011104	294	4,218	SH		SOLE		4,218	0	0
EPR PPTYS COM	SH BEN INT	26884U109	10	152	SH		SOLE		152	0	0
EVERSOURCE ENERGY	COM	30040W108	19	297	SH		SOLE		297	0	0
EXPRESS SCRIPTS HLDG CO	COM	30219G108	223	2,981	SH		SOLE		2,981	0	0
EATON CORP PLC	SHS	G29183103	53	673	SH		SOLE		673	0	0
ENTERGY CORP NEW	COM	29364G103	21	262	SH		SOLE		262	0	0
EVERCORE INC	CLASS A	29977A105	33	364	SH		SOLE		364	0	0
EXACT SCIENCES CORP	COM	30063P105	15	289	SH		SOLE		289	0	0
EXELON CORP	COM	30161N101	29	734	SH		SOLE		734	0	0
EXELIXIS INC	COM	30161Q104	29	948	SH		SOLE		948	0	0
EXTERRAN CORP	COM	30227H106	532	16,920	SH		SOLE		16,920	0	0
FORD MTR CO DEL	COM PAR $0.01	345370860	156	12,503	SH		SOLE		12,503	0	0
FIRST AMERN FINL CORP	COM	31847R102	539	9,617	SH		SOLE		9,617	0	0
FTI CONSULTING INC	COM	302941109	523	12,180	SH		SOLE		12,180	0	0
FEDEX CORP	COM	31428X106	262	1,051	SH		SOLE		1,051	0	0
FEDERATED INVS INC PA	CL B	314211103	633	17,533	SH		SOLE		17,533	0	0
FISERV INC	COM	337738108	252	1,920	SH		SOLE		1,920	0	0
FLOWERS FOODS INC	COM	343498101	540	27,961	SH		SOLE		27,961	0	0
FIDELITY NATIONAL FINANCIAL FN	COM	31620R303	10	260	SH		SOLE		260	0	0
FIRST SOLAR INC	COM	336433107	11	170	SH		SOLE		170	0	0
FORTIVE CORP	COM	34959J108	51	705	SH		SOLE		705	0	0
FULTON FINL CORP PA	COM	360271100	535	29,868	SH		SOLE		29,868	0	0
GREENBRIER COS INC	COM	393657101	576	10,800	SH		SOLE		10,800	0	0
GENERAL DYNAMICS CORP	COM	369550108	329	1,619	SH		SOLE		1,619	0	0
GENERAL ELECTRIC CO	COM	369604103	176	10,087	SH		SOLE		10,087	0	0
GREIF INC	CL A	397624107	585	9,660	SH		SOLE		9,660	0	0
GILEAD SCIENCES INC	COM	375558103	201	2,805	SH		SOLE		2,805	0	0
GENERAL MLS INC	COM	370334104	287	4,842	SH		SOLE		4,842	0	0
CORNING INC	COM	219350105	430	13,445	SH		SOLE		13,445	0	0
GENERAL MTRS CO	COM	37045V100	219	5,346	SH		SOLE		5,346	0	0
ACUSHNET HOLDINGS CORP	COM	005098108	563	26,700	SH		SOLE		26,700	0	0
ALPHABET INC CAP STK	CL C	02079K107	236	226	SH		SOLE		226	0	0
ALPHABET INC CAP STK	CL A	02079K305	237	225	SH		SOLE		225	0	0
GENUINE PARTS CO	COM	372460105	607	6,390	SH		SOLE		6,390	0	0
GROUP 1 AUTOMOTIVE INC	COM	398905109	464	6,540	SH		SOLE		6,540	0	0
GAP INC DEL	COM	364760108	638	18,727	SH		SOLE		18,727	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	271	1,062	SH		SOLE		1,062	0	0
GOODYEAR TIRE & RUBR CO	COM	382550101	585	18,119	SH		SOLE		18,119	0	0
CHART INDS INC	COM PAR $0.01	16115Q308	520	11,100	SH		SOLE		11,100	0	0
GREAT PLAINS ENERGY INC	COM	391164100	39	1,203	SH		SOLE		1,203	0	0
HALLIBURTON CO	COM	406216101	184	3,773	SH		SOLE		3,773	0	0
HASBRO INC	COM	418056107	480	5,280	SH		SOLE		5,280	0	0
HCA HEALTHCARE INC	COM	40412C101	52	590	SH		SOLE		590	0	0
HOME DEPOT INC	COM	437076102	712	3,756	SH		SOLE		3,756	0	0
HFF INC	CL A	40418F108	549	11,280	SH		SOLE		11,280	0	0
HOLLYFRONTIER CORP	COM	436106108	627	12,233	SH		SOLE		12,233	0	0
HUNTINGTON INGALLS INDS INC	COM	446413106	26	109	SH		SOLE		109	0	0
HOULIHAN LOKEY INC	CL A	441593100	542	11,940	SH		SOLE		11,940	0	0
HONEYWELL INTL INC	COM	438516106	248	1,615	SH		SOLE		1,615	0	0
HELMERICH & PAYNE INC	COM	423452101	629	9,732	SH		SOLE		9,732	0	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	196	13,636	SH		SOLE		13,636	0	0
HP INC	COM	40434L105	976	46,476	SH		SOLE		46,476	0	0
HARSCO CORP	COM	415864107	565	30,300	SH		SOLE		30,300	0	0
HOST HOTELS & RESORTS INC	COM	44107P104	539	27,165	SH		SOLE		27,165	0	0
HALYARD HEALTH INC	COM	40650V100	10	221	SH		SOLE		221	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	211	1,373	SH		SOLE		1,373	0	0
ICF INTL INC	COM	44925C103	485	9,240	SH		SOLE		9,240	0	0
INTEL CORP	COM	458140100	382	8,273	SH		SOLE		8,273	0	0
INTUIT	COM	461202103	356	2,254	SH		SOLE		2,254	0	0
INTL PAPER CO	COM	460146103	47	805	SH		SOLE		805	0	0
INFINITY PPTY & CAS CORP	COM	45665Q103	502	4,740	SH		SOLE		4,740	0	0
INNOPHOS HOLDINGS INC	COM	45774N108	550	11,760	SH		SOLE		11,760	0	0
INVESTORS BANCORP INC NEW	COM	46146L101	15	1,070	SH		SOLE		1,070	0	0
INTERNATIONAL SPEEDWAY CORP	CL A	460335201	505	12,660	SH		SOLE		12,660	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	270	741	SH		SOLE		741	0	0
ILLINOIS TOOL WKS INC	COM	452308109	352	2,107	SH		SOLE		2,107	0	0
JABIL INC	COM	466313103	10	389	SH		SOLE		389	0	0
JACOBS ENGR GROUP INC DEL	COM	469814107	609	9,229	SH		SOLE		9,229	0	0
JANUS HENDERSON GROUP PLC	ORD SHS	G4474Y214	22	565	SH		SOLE		565	0	0
JONES LANG LASALLE INC	COM	48020Q107	33	221	SH		SOLE		221	0	0
JOHNSON & JOHNSON	COM	478160104	440	3,152	SH		SOLE		3,152	0	0
JPMORGAN CHASE & CO	COM	46625H100	638	5,969	SH		SOLE		5,969	0	0
KELLOGG CO	COM	487836108	188	2,768	SH		SOLE		2,768	0	0
KAISER ALUMINUM CORP	COM PAR $0.01	483007704	571	5,340	SH		SOLE		5,340	0	0
KB HOME	COM	48666K109	560	17,520	SH		SOLE		17,520	0	0
KIRBY CORP	COM	497266106	43	641	SH		SOLE		641	0	0
KORN FERRY INTL	COM NEW	500643200	489	11,820	SH		SOLE		11,820	0	0
KRAFT HEINZ CO	COM	500754106	182	2,340	SH		SOLE		2,340	0	0
KIMBERLY CLARK CORP	COM	494368103	293	2,432	SH		SOLE		2,432	0	0
KEMPER CORP DEL	COM	488401100	24	350	SH		SOLE		350	0	0
KENNAMETAL INC	COM	489170100	599	12,374	SH		SOLE		12,374	0	0
COCA COLA CO	COM	191216100	330	7,190	SH		SOLE		7,190	0	0
KOHLS CORP	COM	500255104	698	12,868	SH		SOLE		12,868	0	0
LEIDOS HLDGS INC	COM	525327102	579	8,970	SH		SOLE		8,970	0	0
LEAR CORP	COM NEW	521865204	511	2,890	SH		SOLE		2,890	0	0
LASALLE HOTEL PPTYS COM	SH BEN INT	517942108	538	19,179	SH		SOLE		19,179	0	0
L3 TECHNOLOGIES INC	COM	502413107	8	41	SH		SOLE		41	0	0
LILLY ELI & CO	COM	532457108	257	3,042	SH		SOLE		3,042	0	0
LEGG MASON INC	COM	524901105	613	14,592	SH		SOLE		14,592	0	0
LOCKHEED MARTIN CORP	COM	539830109	321	999	SH		SOLE		999	0	0
LOGMEIN INC	COM	54142L109	534	4,663	SH		SOLE		4,663	0	0
LOWES COS INC	COM	548661107	246	2,644	SH		SOLE		2,644	0	0
LPL FINL HLDGS INC	COM	50212V100	29	516	SH		SOLE		516	0	0
LAM RESEARCH CORP	COM	512807108	28	153	SH		SOLE		153	0	0
LIBERTY MEDIA CORP DELAWARE	COM A SIRIUSXM	531229409	21	517	SH		SOLE		517	0	0
SOUTHWEST AIRLS CO	COM	844741108	4	61	SH		SOLE		61	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	332	2,192	SH		SOLE		2,192	0	0
MID AMER APT CMNTYS INC	COM	59522J103	22	222	SH		SOLE		222	0	0
MANPOWERGROUP INC	COM	56418H100	545	4,321	SH		SOLE		4,321	0	0
MANTECH INTL CORP	CL A	564563104	524	10,440	SH		SOLE		10,440	0	0
MARRIOTT INTL INC NEW	CL A	571903202	5	39	SH		SOLE		39	0	0
MASIMO CORP	COM	574795100	537	6,338	SH		SOLE		6,338	0	0
MCDONALDS CORP	COM	580135101	509	2,957	SH		SOLE		2,957	0	0
MCKESSON CORP	COM	58155Q103	79	508	SH		SOLE		508	0	0
M D C HLDGS INC	COM	552676108	516	16,200	SH		SOLE		16,200	0	0
MONDELEZ INTL INC	CL A	609207105	288	6,720	SH		SOLE		6,720	0	0
MEREDITH CORP	COM	589433101	547	8,280	SH		SOLE		8,280	0	0
MEDPACE HLDGS INC	COM	58506Q109	513	14,160	SH		SOLE		14,160	0	0
METLIFE INC	COM	59156R108	170	3,358	SH		SOLE		3,358	0	0
MICRO FOCUS INTERNATIONAL PL	SPON ADR NEW	594837304	123	3,657	SH		SOLE		3,657	0	0
MILLER HERMAN INC	COM	600544100	596	14,880	SH		SOLE		14,880	0	0
MARSH & MCLENNAN COS INC	COM	571748102	22	268	SH		SOLE		268	0	0
3M CO	COM	88579Y101	339	1,441	SH		SOLE		1,441	0	0
ALTRIA GROUP INC	COM	02209S103	4	63	SH		SOLE		63	0	0
MOOG INC	CL A	615394202	552	6,360	SH		SOLE		6,360	0	0
MOLINA HEALTHCARE INC	COM	60855R100	566	7,376	SH		SOLE		7,376	0	0
MOSAIC CO NEW	COM	61945C103	605	23,577	SH		SOLE		23,577	0	0
MARATHON PETE CORP	COM	56585A102	885	13,413	SH		SOLE		13,413	0	0
MRC GLOBAL INC	COM	55345K103	580	34,260	SH		SOLE		34,260	0	0
MERCK & CO INC	COM	58933Y105	315	5,599	SH		SOLE		5,599	0	0
MICROSOFT CORP	COM	594918104	446	5,213	SH		SOLE		5,213	0	0
MSC INDL DIRECT INC	CL A	553530106	621	6,429	SH		SOLE		6,429	0	0
M & T BK CORP	COM	55261F104	241	1,410	SH		SOLE		1,410	0	0
MERITAGE HOMES CORP	COM	59001A102	519	10,140	SH		SOLE		10,140	0	0
VAIL RESORTS INC	COM	91879Q109	14	65	SH		SOLE		65	0	0
MANITOWOC CO INC	COM NEW	563571405	509	12,945	SH		SOLE		12,945	0	0
MICRON TECHNOLOGY INC	COM	595112103	58	1,417	SH		SOLE		1,417	0	0
MURPHY USA INC	COM	626755102	18	227	SH		SOLE		227	0	0
NBT BANCORP INC	COM	628778102	506	13,740	SH		SOLE		13,740	0	0
NEXTERA ENERGY INC	COM	65339F101	263	1,685	SH		SOLE		1,685	0	0
NEWMONT MINING CORP	COM	651639106	38	1,022	SH		SOLE		1,022	0	0
NIKE INC	CL B	654106103	225	3,603	SH		SOLE		3,603	0	0
NORTHROP GRUMMAN CORP	COM	666807102	362	1,178	SH		SOLE		1,178	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	22	608	SH		SOLE		608	0	0
NORFOLK SOUTHERN CORP	COM	655844108	337	2,329	SH		SOLE		2,329	0	0
INSIGHT ENTERPRISES INC	COM	45765U103	531	13,860	SH		SOLE		13,860	0	0
NORTHERN TR CORP	COM	665859104	223	2,237	SH		SOLE		2,237	0	0
NU SKIN ENTERPRISES INC	CL A	67018T105	23	339	SH		SOLE		339	0	0
OWENS CORNING NEW	COM	690742101	553	6,011	SH		SOLE		6,011	0	0
OFFICE DEPOT INC	COM	676220106	546	154,200	SH		SOLE		154,200	0	0
OGE ENERGY CORP	COM	670837103	8	241	SH		SOLE		241	0	0
ONE GAS INC	COM	68235P108	39	532	SH		SOLE		532	0	0
OMNICOM GROUP INC	COM	681919106	48	656	SH		SOLE		656	0	0
ORACLE CORP	COM	68389X105	258	5,460	SH		SOLE		5,460	0	0
OSHKOSH CORP	COM	688239201	576	6,337	SH		SOLE		6,337	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	194	2,639	SH		SOLE		2,639	0	0
PENSKE AUTOMOTIVE GRP INC	COM	70959W103	528	11,040	SH		SOLE		11,040	0	0
PAYCHEX INC	COM	704326107	224	3,296	SH		SOLE		3,296	0	0
PBF ENERGY INC	CL A	69318G106	579	16,334	SH		SOLE		16,334	0	0
PG&E CORP	COM	69331C108	6	131	SH		SOLE		131	0	0
PIEDMONT OFFICE REALTY TR IN C	CL A	720190206	32	1,642	SH		SOLE		1,642	0	0
PUBLIC SVC ENTERPRISE GROUP	COM	744573106	253	4,912	SH		SOLE		4,912	0	0
PEPSICO INC	COM	713448108	427	3,557	SH		SOLE		3,557	0	0
PFIZER INC	COM	717081103	325	8,985	SH		SOLE		8,985	0	0
PROOFPOINT INC	COM	743424103	11	125	SH		SOLE		125	0	0
PROVIDENT FINL SVCS INC	COM	74386T105	516	19,140	SH		SOLE		19,140	0	0
PROCTER AND GAMBLE CO	COM	742718109	393	4,275	SH		SOLE		4,275	0	0
PERKINELMER INC	COM	714046109	37	506	SH		SOLE		506	0	0
PROLOGIS INC	COM	74340W103	29	447	SH		SOLE		447	0	0
PNC FINL SVCS GROUP INC	COM	693475105	974	6,752	SH		SOLE		6,752	0	0
POST HLDGS INC	COM	737446104	519	6,552	SH		SOLE		6,552	0	0
PILGRIMS PRIDE CORP NEW	COM	72147K108	2	62	SH		SOLE		62	0	0
PROGRESS SOFTWARE CORP	COM	743312100	516	12,120	SH		SOLE		12,120	0	0
PUBLIC STORAGE	COM	74460D109	174	833	SH		SOLE		833	0	0
PHILLIPS 66	COM	718546104	311	3,076	SH		SOLE		3,076	0	0
QUANTA SVCS INC	COM	74762E102	589	15,070	SH		SOLE		15,070	0	0
PRAXAIR INC	COM	74005P104	409	2,643	SH		SOLE		2,643	0	0
PAYPAL HLDGS INC	COM	70450Y103	295	4,008	SH		SOLE		4,008	0	0
QUALCOMM INC	COM	747525103	176	2,749	SH		SOLE		2,749	0	0
LIBERTY INTERACTIVE CORP QVC G	COM SER A	53071M104	540	22,120	SH		SOLE		22,120	0	0
RYDER SYS INC	COM	783549108	42	497	SH		SOLE		497	0	0
REGAL BELOIT CORP	COM	758750103	547	7,136	SH		SOLE		7,136	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	146	389	SH		SOLE		389	0	0
RPC INC	COM	749660106	30	1,182	SH		SOLE		1,182	0	0
REINSURANCE GROUP AMER INC	COM NEW	759351604	35	226	SH		SOLE		226	0	0
RALPH LAUREN CORP	CL A	751212101	625	6,025	SH		SOLE		6,025	0	0
REALOGY HLDGS CORP	COM	75605Y106	541	20,404	SH		SOLE		20,404	0	0
RLJ LODGING TR	COM	74965L101	562	25,593	SH		SOLE		25,593	0	0
ROLLINS INC	COM	775711104	7	155	SH		SOLE		155	0	0
ROSS STORES INC	COM	778296103	340	4,242	SH		SOLE		4,242	0	0
RELIANCE STEEL & ALUMINUM CO	COM	759509102	627	7,310	SH		SOLE		7,310	0	0
RAYTHEON CO	COM NEW	755111507	25	134	SH		SOLE		134	0	0
RUSH ENTERPRISES INC	CL A	781846209	534	10,500	SH		SOLE		10,500	0	0
RAYONIER INC	COM	754907103	7	211	SH		SOLE		211	0	0
SANMINA CORPORATION	COM	801056102	493	14,940	SH		SOLE		14,940	0	0
STARBUCKS CORP	COM	855244109	173	3,021	SH		SOLE		3,021	0	0
SCHNITZER STL INDS	CL A	806882106	619	18,480	SH		SOLE		18,480	0	0
SHOE CARNIVAL INC	COM	824889109	504	18,840	SH		SOLE		18,840	0	0
SEATTLE GENETICS INC	COM	812578102	15	284	SH		SOLE		284	0	0
SCIENTIFIC GAMES CORP	CL A	80874P109	15	300	SH		SOLE		300	0	0
SCHULMAN A INC	COM	808194104	510	13,680	SH		SOLE		13,680	0	0
SUNSTONE HOTEL INVS INC NEW	COM	867892101	545	32,958	SH		SOLE		32,958	0	0
SHERWIN WILLIAMS CO	COM	824348106	330	805	SH		SOLE		805	0	0
SMUCKER J M CO	COM NEW	832696405	25	200	SH		SOLE		200	0	0
SKYWEST INC	COM	830879102	535	10,080	SH		SOLE		10,080	0	0
SOUTHERN CO	COM	842587107	6	124	SH		SOLE		124	0	0
SONOCO PRODS CO	COM	835495102	558	10,499	SH		SOLE		10,499	0	0
SP PLUS CORP	COM	78469C103	501	13,500	SH		SOLE		13,500	0	0
SPECTRUM BRANDS HLDGS INC	COM	84763R101	17	148	SH		SOLE		148	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	164	956	SH		SOLE		956	0	0
S&P GLOBAL INC	COM	78409V104	329	1,941	SH		SOLE		1,941	0	0
SPLUNK INC	COM	848637104	40	483	SH		SOLE		483	0	0
SPIRE INC	COM	84857L101	20	271	SH		SOLE		271	0	0
SEMPRA ENERGY	COM	816851109	202	1,889	SH		SOLE		1,889	0	0
SPDR S&P 500 ETF TR TR	UNIT	78462F103	2,733	10,241	SH		SOLE		10,241	0	0
ISHARES TR RUS MID CAP	ETF	464287499	8,101	38,925	SH		SOLE		38,925	0	0
ISHARES TR NATIONAL MUN	ETF	464288414	1,695	15,310	SH		SOLE		15,310	0	0
SPDR SER TR	NUVN BRCLY MUNI	78468R721	1,706	34,829	SH		SOLE		34,829	0	0
SPDR INDEX SHS FDS DJ GLB RL E	ETF	78463X749	59	1,199	SH		SOLE		1,199	0	0
SPDR INDEX SHS FDS DJ INTL RL	ETF	78463X863	2,852	70,446	SH		SOLE		70,446	0	0
VANGUARD INDEX FDS REIT	ETF	922908553	2,817	33,949	SH		SOLE		33,949	0	0
ISHARES TR RUSSELL 2000	ETF	464287655	2,943	19,306	SH		SOLE		19,306	0	0
STATE STR CORP	COM	857477103	328	3,357	SH		SOLE		3,357	0	0
STRYKER CORP	COM	863667101	294	1,898	SH		SOLE		1,898	0	0
SYSCO CORP	COM	871829107	239	3,940	SH		SOLE		3,940	0	0
AT&T INC	COM	00206R102	369	9,489	SH		SOLE		9,489	0	0
TRUEBLUE INC	COM	89785X101	490	17,820	SH		SOLE		17,820	0	0
TCF FINL CORP	COM	872275102	599	29,209	SH		SOLE		29,209	0	0
TERADATA CORP DEL	COM	88076W103	29	752	SH		SOLE		752	0	0
TELEPHONE & DATA SYS INC	COM NEW	879433829	540	19,440	SH		SOLE		19,440	0	0
TECH DATA CORP	COM	878237106	587	5,992	SH		SOLE		5,992	0	0
TEREX CORP NEW	COM	880779103	578	11,987	SH		SOLE		11,987	0	0
TRIUMPH GROUP INC NEW	COM	896818101	459	16,860	SH		SOLE		16,860	0	0
HANOVER INS GROUP INC	COM	410867105	17	160	SH		SOLE		160	0	0
TJX COS INC NEW	COM	872540109	275	3,591	SH		SOLE		3,591	0	0
TIMKEN CO	COM	887389104	558	11,349	SH		SOLE		11,349	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	325	1,709	SH		SOLE		1,709	0	0
T MOBILE US INC	COM	872590104	92	1,447	SH		SOLE		1,447	0	0
TOLL BROTHERS INC	COM	889478103	556	11,585	SH		SOLE		11,585	0	0
TRUSTMARK CORP	COM	898402102	499	15,660	SH		SOLE		15,660	0	0
TRINITY INDS INC	COM	896522109	605	16,148	SH		SOLE		16,148	0	0
PRICE T ROWE GROUP INC	COM	74144T108	290	2,759	SH		SOLE		2,759	0	0
TRIMAS CORP	COM NEW	896215209	538	20,100	SH		SOLE		20,100	0	0
TRAVELERS COMPANIES INC	COM	89417E109	269	1,983	SH		SOLE		1,983	0	0
TESLA INC	COM	88160R101	29	94	SH		SOLE		94	0	0
TYSON FOODS INC	CL A	902494103	577	7,113	SH		SOLE		7,113	0	0
TTM TECHNOLOGIES INC	COM	87305R109	476	30,360	SH		SOLE		30,360	0	0
TIME WARNER INC	COM NEW	887317303	268	2,932	SH		SOLE		2,932	0	0
TEXAS INSTRS INC	COM	882508104	951	9,102	SH		SOLE		9,102	0	0
TEXAS ROADHOUSE INC	COM	882681109	29	551	SH		SOLE		551	0	0
UNION BANKSHARES CORP NEW	COM	90539J109	532	14,700	SH		SOLE		14,700	0	0
UMPQUA HLDGS CORP	COM	904214103	8	408	SH		SOLE		408	0	0
UNIFIRST CORP MASS	COM	904708104	544	3,300	SH		SOLE		3,300	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	335	1,518	SH		SOLE		1,518	0	0
UNITI GROUP INC	COM	91325V108	8	436	SH		SOLE		436	0	0
UNUM GROUP	COM	91529Y106	18	321	SH		SOLE		321	0	0
UNION PAC CORP	COM	907818108	296	2,206	SH		SOLE		2,206	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	216	1,809	SH		SOLE		1,809	0	0
US BANCORP DEL	COM NEW	902973304	339	6,320	SH		SOLE		6,320	0	0
UNITED THERAPEUTICS CORP DEL	COM	91307C102	40	270	SH		SOLE		270	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	279	2,189	SH		SOLE		2,189	0	0
VISA INC COM	CL A	92826C839	273	2,396	SH		SOLE		2,396	0	0
MARRIOTT VACATIONS WRLDWDE C	COM	57164Y107	541	4,002	SH		SOLE		4,002	0	0
VEREIT INC	COM	92339V100	523	67,074	SH		SOLE		67,074	0	0
V F CORP	COM	918204108	52	697	SH		SOLE		697	0	0
VIACOM INC NEW	CL B	92553P201	19	618	SH		SOLE		618	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	968	10,529	SH		SOLE		10,529	0	0
VMWARE INC	CL A COM	928563402	558	4,455	SH		SOLE		4,455	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	72	483	SH		SOLE		483	0	0
VISHAY INTERTECHNOLOGY INC	COM	928298108	469	22,620	SH		SOLE		22,620	0	0
VERSUM MATLS INC	COM	92532W103	70	1,860	SH		SOLE		1,860	0	0
VENTAS INC	COM	92276F100	23	388	SH		SOLE		388	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	253	4,783	SH		SOLE		4,783	0	0
WASHINGTON FED INC	COM	938824109	548	16,004	SH		SOLE		16,004	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	283	3,895	SH		SOLE		3,895	0	0
WESCO INTL INC	COM	95082P105	565	8,297	SH		SOLE		8,297	0	0
WELLCARE HEALTH PLANS INC	COM	94946T106	45	226	SH		SOLE		226	0	0
WORKDAY INC	CL A	98138H101	18	181	SH		SOLE		181	0	0
WADDELL & REED FINL INC	CL A	930059100	603	27,000	SH		SOLE		27,000	0	0
WEC ENERGY GROUP INC	COM	92939U106	31	469	SH		SOLE		469	0	0
WELLS FARGO CO NEW	COM	949746101	425	7,011	SH		SOLE		7,011	0	0
WASTE MGMT INC DEL	COM	94106L109	246	2,849	SH		SOLE		2,849	0	0
WAL-MART STORES INC	COM	931142103	986	9,985	SH		SOLE		9,985	0	0
WABASH NATL CORP	COM	929566107	581	26,760	SH		SOLE		26,760	0	0
WESTROCK CO	COM	96145D105	577	9,135	SH		SOLE		9,135	0	0
WILLIAMS SONOMA INC	COM	969904101	574	11,100	SH		SOLE		11,100	0	0
WOLVERINE WORLD WIDE INC	COM	978097103	570	17,880	SH		SOLE		17,880	0	0
WEYERHAEUSER CO	COM	962166104	5	131	SH		SOLE		131	0	0
UNITED STATES STL CORP NEW	COM	912909108	669	19,006	SH		SOLE		19,006	0	0
XCEL ENERGY INC	COM	98389B100	190	3,958	SH		SOLE		3,958	0	0
XENIA HOTELS & RESORTS INC	COM	984017103	503	23,280	SH		SOLE		23,280	0	0
EXXON MOBIL CORP	COM	30231G102	412	4,928	SH		SOLE		4,928	0	0
XEROX CORP	COM NEW	984121608	163	5,579	SH		SOLE		5,579	0	0
ZIMMER BIOMET HLDGS INC	COM	98956P102	198	1,641	SH		SOLE		1,641	0	0
ZEBRA TECHNOLOGIES CORP	CL A	989207105	486	4,680	SH		SOLE		4,680	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	9	62	SH		SOLE		62	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	7,691	94,284	SH		SOLE		94,284	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	2,386	30,170	SH		SOLE		30,170	0	0
ISHARES TR MSCI EAFE	ETF	464287465	7,842	111,540	SH		SOLE		111,540	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	6	114	SH		SOLE		114	0	0
ISHARES TR MSCI EMG MKT	ETF	464287234	3,067	65,087	SH		SOLE		65,087	0	0