Navellier & Associates 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
3D Systems Corp.	COM	88554D205	381	6,448	SH		SOLE		6,448	0	0
3M Co.	COM	88579Y101	53,065	391,162	SH		SOLE		391,162	0	0
A.O. Smith Corp.	COM	831865209	222	4,834	SH		SOLE		4,834	0	0
ASML Holding N.V.	COM	N07059210	301	3,222	SH		SOLE		3,222	0	0
AT&T Inc	COM	00206R102	1,913	54,560	SH		SOLE		54,560	0	0
Abb Ltd.	COM	000375204	307	11,889	SH		SOLE		11,889	0	0
Abengoa SA Sponsored ADR Class	COM	00289R201	333	14,336	SH		SOLE		14,336	0	0
Acadia Healthcare Company Inc	COM	00404A109	2,226	49,330	SH		SOLE		49,330	0	0
Accenture Ltd.	COM	G1151C101	328	4,111	SH		SOLE		4,111	0	0
Aceto Corp.	COM	004446100	781	38,894	SH		SOLE		38,894	0	0
Actavis Inc.	COM	G0083B108	81,972	398,213	SH		SOLE		398,213	0	0
Acuity Brands Inc.	COM	00508Y102	2,944	22,209	SH		SOLE		22,209	0	0
Air Methods Corp.	COM	009128307	499	9,336	SH		SOLE		9,336	0	0
Alexion Pharmaceuticals Inc.	COM	015351109	648	4,260	SH		SOLE		4,260	0	0
Alkermes Inc.	COM	G01767105	405	9,175	SH		SOLE		9,175	0	0
Alliance Data Systems Corp.	COM	018581108	81,732	299,989	SH		SOLE		299,989	0	0
Allianz Ag Holding	COM	018805101	587	34,834	SH		SOLE		34,834	0	0
Amdocs Ltd.	COM	G02602103	720	15,499	SH		SOLE		15,499	0	0
American Express Co.	COM	025816109	1,452	16,123	SH		SOLE		16,123	0	0
Amerisourcebergen Corp. (Holdi	COM	03073E105	70,569	1,075,907	SH		SOLE		1,075,907	0	0
Amgen Inc.	COM	031162100	35,813	290,362	SH		SOLE		290,362	0	0
Anadarko Petroleum Corp.	COM	032511107	731	8,630	SH		SOLE		8,630	0	0
Anheuser-Busch Inbev N.V.	COM	03524A108	627	5,953	SH		SOLE		5,953	0	0
Apple Computer Inc.	COM	037833100	537	1,000	SH		SOLE		1,000	0	0
Arm Holdings Plc	COM	042068106	609	11,947	SH		SOLE		11,947	0	0
Ashland Inc.	COM	044209104	435	4,373	SH		SOLE		4,373	0	0
Audiocodes Ltd.	COM	M15342104	157	21,625	SH		SOLE		21,625	0	0
Autobytel Inc.	COM	05275N205	893	71,845	SH		SOLE		71,845	0	0
Automatic Data Processing Inc.	COM	053015103	506	6,543	SH		SOLE		6,543	0	0
Autozone Inc.	COM	053332102	617	1,149	SH		SOLE		1,149	0	0
Avago Technologies	COM	Y0486S104	3,288	51,054	SH		SOLE		51,054	0	0
Avis Budget Group Inc.	COM	053774105	595	12,212	SH		SOLE		12,212	0	0
BHP Billiton Ltd.	COM	088606108	553	8,159	SH		SOLE		8,159	0	0
BT Group Plc ADS	COM	05577E101	901	14,117	SH		SOLE		14,117	0	0
Basf Ag	COM	055262505	303	2,721	SH		SOLE		2,721	0	0
Baxter International Inc.	COM	071813109	838	11,385	SH		SOLE		11,385	0	0
Bayer Ag	COM	072730302	631	4,663	SH		SOLE		4,663	0	0
Be Aerospace Inc.	COM	073302101	41,554	478,787	SH		SOLE		478,787	0	0
Biogen Idec Inc.	COM	09062X103	65,248	213,318	SH		SOLE		213,318	0	0
Bitauto Holdings Ltd.	COM	091727107	1,071	29,892	SH		SOLE		29,892	0	0
Bnp Paribas	COM	05565A202	603	15,640	SH		SOLE		15,640	0	0
Boeing Co.	COM	097023105	488	3,885	SH		SOLE		3,885	0	0
Boston Scientific Corp.	COM	101137107	489	36,173	SH		SOLE		36,173	0	0
Buffalo Wild Wings Inc.	COM	119848109	930	6,244	SH		SOLE		6,244	0	0
Bunzl PLC	COM	120738406	294	11,049	SH		SOLE		11,049	0	0
CU Bankcorp	COM	126534106	402	21,850	SH		SOLE		21,850	0	0
Cabot Oil & Gas Corp.	COM	127097103	370	10,928	SH		SOLE		10,928	0	0
Carmax Inc.	COM	143130102	849	18,146	SH		SOLE		18,146	0	0
Caterpillar Inc.	COM	149123101	3,113	31,325	SH		SOLE		31,325	0	0
Celgene Corp.	COM	151020104	28,603	204,889	SH		SOLE		204,889	0	0
Cemex S.A. De C.V.ADS	COM	151290889	307	24,313	SH		SOLE		24,313	0	0
Centene Corp.	COM	15135B101	517	8,300	SH		SOLE		8,300	0	0
Check Point Software Technolog	COM	M22465104	911	13,467	SH		SOLE		13,467	0	0
Chevron Corp.	COM	166764100	1,018	8,560	SH		SOLE		8,560	0	0
Chicago Bridge & Iron Co. N.V.	COM	167250109	633	7,269	SH		SOLE		7,269	0	0
China Biologic Products	COM	16938C106	218	6,273	SH		SOLE		6,273	0	0
China Distance Education Holdi	COM	16944W104	1,002	55,559	SH		SOLE		55,559	0	0
China Mobile Games & Entertain	COM	16952T100	425	19,233	SH		SOLE		19,233	0	0
Chipotle Mexican Grill Inc	COM	169656105	3,127	5,505	SH		SOLE		5,505	0	0
Cigna Corp.	COM	125509109	37,096	443,040	SH		SOLE		443,040	0	0
Cisco Systems Inc.	COM	17275R102	364	16,249	SH		SOLE		16,249	0	0
Clorox Co.	COM	189054109	273	3,102	SH		SOLE		3,102	0	0
Coca-Cola Co.	COM	191216100	2,387	61,740	SH		SOLE		61,740	0	0
Cogent Communications Grp	COM	19239V302	1,126	31,697	SH		SOLE		31,697	0	0
Comcast Corp.	COM	20030N101	291	5,815	SH		SOLE		5,815	0	0
Computer Sciences Corp.	COM	205363104	810	13,315	SH		SOLE		13,315	0	0
Conagra Foods Inc.	COM	205887102	213	6,867	SH		SOLE		6,867	0	0
Concur Technologies Inc.	COM	206708109	355	3,588	SH		SOLE		3,588	0	0
Conn's Inc.	COM	208242107	260	6,700	SH		SOLE		6,700	0	0
ConocoPhillips	COM	20825C104	347	4,928	SH		SOLE		4,928	0	0
Constellation Brands Inc.	COM	21036P108	834	9,814	SH		SOLE		9,814	0	0
Consumer Discretionary Select	COM	81369Y407	470	7,265	SH		SOLE		7,265	0	0
Core Laboratories N.V.	COM	N22717107	735	3,706	SH		SOLE		3,706	0	0
Core-Mark Holding Company, Inc	COM	218681104	886	12,202	SH		SOLE		12,202	0	0
Corrections Corp. Of America	COM	22025Y407	294	9,387	SH		SOLE		9,387	0	0
Costar Group Inc.	COM	22160N109	862	4,614	SH		SOLE		4,614	0	0
Courier Corp.	COM	222660102	399	25,925	SH		SOLE		25,925	0	0
Covance Inc.	COM	222816100	2,914	28,044	SH		SOLE		28,044	0	0
Covidien PLC.	COM	G2554F113	483	6,552	SH		SOLE		6,552	0	0
Cracker Barrel Old Country	COM	22410J106	543	5,579	SH		SOLE		5,579	0	0
Credit Suisse Group	COM	225401108	519	16,043	SH		SOLE		16,043	0	0
Cree Inc.	COM	225447101	343	6,072	SH		SOLE		6,072	0	0
DISH Network Corp.	COM	25470M109	3,219	51,741	SH		SOLE		51,741	0	0
Dassault Systemes S.A.	COM	237545108	226	1,925	SH		SOLE		1,925	0	0
Davita Inc.	COM	23918K108	1,202	17,465	SH		SOLE		17,465	0	0
Dehaier Medical Systems Ltd.	COM	G27010100	129	18,455	SH		SOLE		18,455	0	0
Delta Airlines Inc.	COM	247361702	63,591	1,835,225	SH		SOLE		1,835,225	0	0
Diageo Plc	COM	25243Q205	546	4,386	SH		SOLE		4,386	0	0
DineEquity, Inc.	COM	254423106	230	2,942	SH		SOLE		2,942	0	0
Domino's Pizza Inc.	COM	25754A201	387	5,029	SH		SOLE		5,029	0	0
Dxp Enterprises Inc.	COM	233377407	637	6,711	SH		SOLE		6,711	0	0
E*TRADE Financial Corppration	COM	269246401	345	14,999	SH		SOLE		14,999	0	0
Ecolab Inc.	COM	278865100	38,159	353,355	SH		SOLE		353,355	0	0
Energy Select Sector Spdr Fund	COM	81369Y506	232	2,604	SH		SOLE		2,604	0	0
Envestnet, Inc.	COM	29404K106	1,143	28,444	SH		SOLE		28,444	0	0
Exxon Mobil Corp.	COM	30231G102	2,304	23,586	SH		SOLE		23,586	0	0
Facebook Inc.	COM	30303M102	43,711	725,609	SH		SOLE		725,609	0	0
Federal Signal Corp.	COM	313855108	2,094	140,518	SH		SOLE		140,518	0	0
Federated National Holdings	COM	31422T101	989	53,966	SH		SOLE		53,966	0	0
Fei Co.	COM	30241L109	2,910	28,247	SH		SOLE		28,247	0	0
Fidelity National Info Svcs	COM	31620M106	49,633	928,596	SH		SOLE		928,596	0	0
Financial Select Sector Spdr F	COM	81369Y605	231	10,362	SH		SOLE		10,362	0	0
First Trust Consumer Disc. Alp	COM	33734X101	309	9,637	SH		SOLE		9,637	0	0
First Trust Dev. Mkts. ex-us A	COM	33737J174	586	11,211	SH		SOLE		11,211	0	0
First Trust Energy AlphaDex Fd	COM	33734X127	323	12,323	SH		SOLE		12,323	0	0
First Trust Financials AlphaDe	COM	33734X135	311	14,247	SH		SOLE		14,247	0	0
First Trust Healthcare AlphaDe	COM	33734X143	299	5,877	SH		SOLE		5,877	0	0
First Trust Indust./Prod.Dura	COM	33734X150	316	10,700	SH		SOLE		10,700	0	0
First Trust Materials AlphaDex	COM	33734X168	309	9,290	SH		SOLE		9,290	0	0
First Trust Technology AlphaDe	COM	33734X176	303	9,718	SH		SOLE		9,718	0	0
Fiserv Inc.	COM	337738108	255	4,500	SH		SOLE		4,500	0	0
Fleetcor Technologies	COM	339041105	42,899	372,710	SH		SOLE		372,710	0	0
Fortescue Metals Group Ltd Spo	COM	34959A206	276	28,350	SH		SOLE		28,350	0	0
Fourtune Brands Home Security	COM	34964C106	448	10,646	SH		SOLE		10,646	0	0
Gain Capital	COM	36268W100	758	70,090	SH		SOLE		70,090	0	0
Generac Holdings	COM	368736104	814	13,801	SH		SOLE		13,801	0	0
General Mills Inc.	COM	370334104	209	4,041	SH		SOLE		4,041	0	0
Gilead Sciences Inc.	COM	375558103	268	3,785	SH		SOLE		3,785	0	0
Glaxosmithkline Plc	COM	37733W105	392	7,340	SH		SOLE		7,340	0	0
Google Inc.	COM	38259P508	552	495	SH		SOLE		495	0	0
Graham Corp.	COM	384556106	685	21,494	SH		SOLE		21,494	0	0
Graphic Packaging Holding Co.	COM	388689101	347	34,113	SH		SOLE		34,113	0	0
Grifols S.A. ADS	COM	398438408	1,905	46,125	SH		SOLE		46,125	0	0
Harman International Industrie	COM	413086109	4,225	39,708	SH		SOLE		39,708	0	0
Hasbro Inc.	COM	418056107	479	8,616	SH		SOLE		8,616	0	0
Health Care Select Sector Spdr	COM	81369Y209	498	8,519	SH		SOLE		8,519	0	0
Helmerich & Payne Inc.	COM	423452101	468	4,355	SH		SOLE		4,355	0	0
Hershey Foods Corp.	COM	427866108	39,602	379,334	SH		SOLE		379,334	0	0
Hertz Global Holdings Inc.	COM	42805T105	386	14,505	SH		SOLE		14,505	0	0
Hitachi Ltd.	COM	433578507	258	3,484	SH		SOLE		3,484	0	0
Home Depot Inc.	COM	437076102	1,112	14,057	SH		SOLE		14,057	0	0
Honda Motor Co. Ltd.	COM	438128308	296	8,384	SH		SOLE		8,384	0	0
Hormel Foods Corp.	COM	440452100	388	7,882	SH		SOLE		7,882	0	0
Hsbc Holdings Plc	COM	404280406	491	9,658	SH		SOLE		9,658	0	0
Humana Inc.	COM	444859102	702	6,232	SH		SOLE		6,232	0	0
Huntington Ingalls Industries	COM	446413106	510	4,988	SH		SOLE		4,988	0	0
Illumina Inc.	COM	452327109	42,890	288,513	SH		SOLE		288,513	0	0
Industrial Select Sector Spdr	COM	81369Y704	228	4,366	SH		SOLE		4,366	0	0
Ingersoll-Rand Plc	COM	G47791101	383	6,683	SH		SOLE		6,683	0	0
Intel Corp.	COM	458140100	2,603	100,818	SH		SOLE		100,818	0	0
InterContinental Hotels Group	COM	45857P400	508	15,678	SH		SOLE		15,678	0	0
IntercontientalExchange	COM	45866F104	42,143	213,026	SH		SOLE		213,026	0	0
International Business Machine	COM	459200101	1,797	9,336	SH		SOLE		9,336	0	0
Ishares Barclays Tips Bond Fun	COM	464287176	352	3,136	SH		SOLE		3,136	0	0
Ishares Dow Jones U.S. Technol	COM	464287721	278	3,052	SH		SOLE		3,052	0	0
Ishares Trust Dow Jones U.S. I	COM	464287754	258	2,569	SH		SOLE		2,569	0	0
Ituran Location & Control Ltd.	COM	M6158M104	1,102	44,168	SH		SOLE		44,168	0	0
J.M. Smucker Co.	COM	832696405	410	4,213	SH		SOLE		4,213	0	0
Jazz Pharmaceuticals	COM	G50871105	4,037	29,109	SH		SOLE		29,109	0	0
Johnson & Johnson	COM	478160104	28,979	295,011	SH		SOLE		295,011	0	0
Kamada, Ltd	COM	M6240T109	786	54,174	SH		SOLE		54,174	0	0
Kapstone Paper & Package Compa	COM	48562P103	1,239	42,949	SH		SOLE		42,949	0	0
Kate Spade and Company	COM	485865109	2,759	74,375	SH		SOLE		74,375	0	0
Kimberly-Clark Corp.	COM	494368103	208	1,889	SH		SOLE		1,889	0	0
Kla-Tencor Corp.	COM	482480100	449	6,488	SH		SOLE		6,488	0	0
Kraft Foods Group Inc	COM	50076Q106	392	6,987	SH		SOLE		6,987	0	0
Kubota Corp.	COM	501173207	292	4,406	SH		SOLE		4,406	0	0
L.M. Ericsson Telephone Co.	COM	294821608	625	46,902	SH		SOLE		46,902	0	0
Lannett Co. Inc.	COM	516012101	1,212	33,920	SH		SOLE		33,920	0	0
Lear Corporation	COM	521865204	48,358	577,619	SH		SOLE		577,619	0	0
Lennox International Inc.	COM	526107107	283	3,108	SH		SOLE		3,108	0	0
Ligand Pharmaceuticals Inc.	COM	53220K504	1,087	16,166	SH		SOLE		16,166	0	0
Lions Gate Entertainment Corp.	COM	535919203	713	26,673	SH		SOLE		26,673	0	0
Lockheed Martin Corp.	COM	539830109	49,388	302,546	SH		SOLE		302,546	0	0
Logitech International S.A.	COM	H50430232	239	16,071	SH		SOLE		16,071	0	0
Loral Space and Communications	COM	543881106	604	8,533	SH		SOLE		8,533	0	0
Lowe's Cos.	COM	548661107	58,641	1,199,211	SH		SOLE		1,199,211	0	0
Luxottica Group S.P.A.	COM	55068R202	929	16,111	SH		SOLE		16,111	0	0
LyondellBasell Industries N.V.	COM	N53745100	467	5,250	SH		SOLE		5,250	0	0
M&T Bank Corp.	COM	55261F104	393	3,240	SH		SOLE		3,240	0	0
Macy's Inc	COM	55616P104	659	11,120	SH		SOLE		11,120	0	0
Manhattan Associates Inc.	COM	562750109	981	28,008	SH		SOLE		28,008	0	0
Manitowoc Co.	COM	563571108	2,800	89,015	SH		SOLE		89,015	0	0
Matador Resources Company	COM	576485205	1,641	67,021	SH		SOLE		67,021	0	0
Materials Select Sector Spdr F	COM	81369Y100	482	10,199	SH		SOLE		10,199	0	0
Mattel Inc.	COM	577081102	254	6,337	SH		SOLE		6,337	0	0
Maxim Integrated Products Inc.	COM	57772K101	262	7,924	SH		SOLE		7,924	0	0
Maximus Inc.	COM	577933104	480	10,694	SH		SOLE		10,694	0	0
Mcdonald's Corp.	COM	580135101	2,504	25,545	SH		SOLE		25,545	0	0
Mckesson Corp.	COM	58155Q103	51,721	292,921	SH		SOLE		292,921	0	0
Melco Crown Entertainment Ltd.	COM	585464100	41,660	1,077,879	SH		SOLE		1,077,879	0	0
Merck & Co.	COM	58933Y105	1,407	24,788	SH		SOLE		24,788	0	0
Merck KGaA ADS	COM	589339100	329	5,855	SH		SOLE		5,855	0	0
Meredith Corp.	COM	589433101	239	5,148	SH		SOLE		5,148	0	0
Methanex Corp.	COM	59151K108	268	4,194	SH		SOLE		4,194	0	0
Methode Electronics Inc.	COM	591520200	373	12,170	SH		SOLE		12,170	0	0
Mettler-Toledo International I	COM	592688105	378	1,602	SH		SOLE		1,602	0	0
Michael Kors Holdings Ltd	COM	G60754101	1,036	11,110	SH		SOLE		11,110	0	0
Micron Technology Inc.	COM	595112103	70,638	2,985,546	SH		SOLE		2,985,546	0	0
Microsoft Corp.	COM	594918104	2,701	65,888	SH		SOLE		65,888	0	0
Middlesex Water Co.	COM	596680108	220	10,064	SH		SOLE		10,064	0	0
Mizuho Financial Group Inc. (A	COM	60687Y109	547	137,520	SH		SOLE		137,520	0	0
Monarch Casino & Resort Inc.	COM	609027107	411	22,187	SH		SOLE		22,187	0	0
Mylan Laboratories Inc.	COM	628530107	57,294	1,173,336	SH		SOLE		1,173,336	0	0
NXP Semiconductors NV	COM	N6596X109	3,079	52,357	SH		SOLE		52,357	0	0
National Australia Bank Ltd.	COM	632525408	583	35,476	SH		SOLE		35,476	0	0
Nestle S A Sponsored	COM	641069406	467	6,213	SH		SOLE		6,213	0	0
New York Community Bancorp Inc	COM	649445103	416	25,912	SH		SOLE		25,912	0	0
Newmont Mining Corp.	COM	651639106	403	17,200	SH		SOLE		17,200	0	0
Nexstar Broadcasting Group Inc	COM	65336K103	397	10,587	SH		SOLE		10,587	0	0
Nidec Corp.	COM	654090109	496	16,116	SH		SOLE		16,116	0	0
Nielsen Holdings BV	COM	N63218106	236	5,285	SH		SOLE		5,285	0	0
Nippon Telegraph & Telephone C	COM	654624105	215	7,908	SH		SOLE		7,908	0	0
Nisource Inc.	COM	65473P105	42,752	1,203,268	SH		SOLE		1,203,268	0	0
Nokia Corp.	COM	654902204	1,068	145,491	SH		SOLE		145,491	0	0
Nomura Holdings Inc.	COM	65535H208	390	60,578	SH		SOLE		60,578	0	0
Northrop Grumman Corp.	COM	666807102	488	3,952	SH		SOLE		3,952	0	0
Novartis Ag	COM	66987V109	660	7,767	SH		SOLE		7,767	0	0
Novo Nordisk A/S	COM	670100205	565	12,373	SH		SOLE		12,373	0	0
Nps Pharmaceuticals Inc.	COM	62936P103	589	19,683	SH		SOLE		19,683	0	0
Nu Skin Enterprises Inc.	COM	67018T105	460	5,552	SH		SOLE		5,552	0	0
Old Line Bancshares Inc.	COM	67984M100	692	40,131	SH		SOLE		40,131	0	0
Open Text Corp.	COM	683715106	2,770	58,061	SH		SOLE		58,061	0	0
Oracle Corp.	COM	68389X105	301	7,365	SH		SOLE		7,365	0	0
Orchids Paper Products	COM	68572N104	233	7,616	SH		SOLE		7,616	0	0
Orix Corp.	COM	686330101	344	4,888	SH		SOLE		4,888	0	0
Packaging Corp. Of America	COM	695156109	1,347	19,143	SH		SOLE		19,143	0	0
Perrigo Co.	COM	G97822103	407	2,632	SH		SOLE		2,632	0	0
Pharmacyclics Inc.	COM	716933106	276	2,749	SH		SOLE		2,749	0	0
Philip Morris International In	COM	718172109	224	2,740	SH		SOLE		2,740	0	0
Phoenix New Media LTD A	COM	71910C103	261	25,206	SH		SOLE		25,206	0	0
Pioneer Natural Resources Co.	COM	723787107	335	1,791	SH		SOLE		1,791	0	0
Pointer Telocation Ltd.	COM	M7946T104	809	82,462	SH		SOLE		82,462	0	0
Polaris Industries Inc.	COM	731068102	706	5,051	SH		SOLE		5,051	0	0
PowerSecure International	COM	73936N105	924	39,430	SH		SOLE		39,430	0	0
Powershares Preferred Portfoli	COM	73936T565	330	23,123	SH		SOLE		23,123	0	0
Powershares QQQ Trust	COM	73935A104	2,999	34,213	SH		SOLE		34,213	0	0
Ppg Industries Inc.	COM	693506107	40,716	210,464	SH		SOLE		210,464	0	0
Principal Financial Group Inc.	COM	74251V102	43,209	939,525	SH		SOLE		939,525	0	0
Procter & Gamble Co.	COM	742718109	897	11,123	SH		SOLE		11,123	0	0
Prothena Corp. Plc	COM	G72800108	271	7,065	SH		SOLE		7,065	0	0
Qihoo 360 Technology Corp.	COM	74734M109	63,624	638,926	SH		SOLE		638,926	0	0
Qualcomm Inc.	COM	747525103	251	3,182	SH		SOLE		3,182	0	0
Questcor Pharmaceuticals Inc.	COM	74835Y101	568	8,742	SH		SOLE		8,742	0	0
Rackspace Hosting	COM	750086100	261	7,960	SH		SOLE		7,960	0	0
Raytheon Co.	COM	755111507	68,446	692,841	SH		SOLE		692,841	0	0
Reed Elsevier PLC ADS	COM	758205207	559	9,105	SH		SOLE		9,105	0	0
Regeneron Pharmaceuticals Inc.	COM	75886F107	390	1,300	SH		SOLE		1,300	0	0
Regions Financial Corp.	COM	7591EP100	398	35,797	SH		SOLE		35,797	0	0
Reynolds American Inc.	COM	761713106	348	6,518	SH		SOLE		6,518	0	0
Rio Tinto Plc	COM	767204100	446	7,996	SH		SOLE		7,996	0	0
Rock-Tenn Co.	COM	772739207	1,523	14,422	SH		SOLE		14,422	0	0
Royal Dutch Shell PLC ADS	COM	780259206	229	3,133	SH		SOLE		3,133	0	0
Safeway Inc.	COM	786514208	57,928	1,568,163	SH		SOLE		1,568,163	0	0
Salix Pharmaceuticals Ltd.	COM	795435106	4,867	46,977	SH		SOLE		46,977	0	0
Sanofi-Aventis	COM	80105N105	519	9,919	SH		SOLE		9,919	0	0
Sap Ag	COM	803054204	552	6,790	SH		SOLE		6,790	0	0
Sasol Ltd.	COM	803866300	325	5,816	SH		SOLE		5,816	0	0
Schlumberger Ltd.	COM	806857108	584	5,991	SH		SOLE		5,991	0	0
Scotts Co.	COM	810186106	336	5,478	SH		SOLE		5,478	0	0
Seagate Technology Inc.	COM	G7945M107	1,168	20,797	SH		SOLE		20,797	0	0
Sealed Air Corp.	COM	81211K100	234	7,119	SH		SOLE		7,119	0	0
Sega Sammy Holdings Inc. ADS	COM	815794102	237	42,233	SH		SOLE		42,233	0	0
Shiloh Industries Inc.	COM	824543102	709	39,983	SH		SOLE		39,983	0	0
Siemens Ag	COM	826197501	577	4,271	SH		SOLE		4,271	0	0
Sinovac Biotech Ltd.	COM	P8696W104	179	24,800	SH		SOLE		24,800	0	0
Sirona Dental Systems Inc.	COM	82966C103	589	7,892	SH		SOLE		7,892	0	0
Six Flags Entertainment	COM	83001A102	230	5,740	SH		SOLE		5,740	0	0
Skyworks Solutions Inc.	COM	83088M102	529	14,095	SH		SOLE		14,095	0	0
Snap-On Inc.	COM	833034101	496	4,368	SH		SOLE		4,368	0	0
Sociedad Quimica Y Minera De C	COM	833635105	312	9,824	SH		SOLE		9,824	0	0
SoftBank Corp. ADR	COM	83404D109	316	8,333	SH		SOLE		8,333	0	0
Sony Corp.	COM	835699307	445	23,275	SH		SOLE		23,275	0	0
SouFun Holdings	COM	836034108	44,766	654,285	SH		SOLE		654,285	0	0
Southern Co.	COM	842587107	380	8,649	SH		SOLE		8,649	0	0
Southwest Airlines Co.	COM	844741108	55,478	2,349,755	SH		SOLE		2,349,755	0	0
Southwestern Energy Co.	COM	845467109	488	10,600	SH		SOLE		10,600	0	0
Sparton Corp.	COM	847235108	1,565	53,449	SH		SOLE		53,449	0	0
Spirit Airlines, Inc.	COM	848577102	893	15,028	SH		SOLE		15,028	0	0
Standard & Poor's Depositary R	COM	78462F103	672	3,594	SH		SOLE		3,594	0	0
Staples Inc.	COM	855030102	299	26,407	SH		SOLE		26,407	0	0
Sumitomo Mitsui Financial Grou	COM	86562M209	253	29,290	SH		SOLE		29,290	0	0
Sysco Corp.	COM	871829107	551	15,260	SH		SOLE		15,260	0	0
TAL International Group, Inc.	COM	874083108	214	4,986	SH		SOLE		4,986	0	0
TD Ameritrade Holding Corp.	COM	87236Y108	480	14,141	SH		SOLE		14,141	0	0
Taiwan Semiconductor Manufactu	COM	874039100	521	26,000	SH		SOLE		26,000	0	0
Tal Education Group	COM	874080104	1,684	74,793	SH		SOLE		74,793	0	0
Targa Resources	COM	87612G101	1,449	14,594	SH		SOLE		14,594	0	0
Target Corp.	COM	87612E106	958	15,838	SH		SOLE		15,838	0	0
Taro Pharmaceutical Industries	COM	M8737E108	1,129	10,172	SH		SOLE		10,172	0	0
Technology Select Sector Spdr	COM	81369Y803	226	6,222	SH		SOLE		6,222	0	0
Texas Instruments Inc.	COM	882508104	351	7,453	SH		SOLE		7,453	0	0
Thermo Electron Corp.	COM	883556102	83,254	692,396	SH		SOLE		692,396	0	0
Time Warner Inc.	COM	887317303	25,634	392,370	SH		SOLE		392,370	0	0
Toronto-Dominion Bank	COM	891160509	593	12,639	SH		SOLE		12,639	0	0
Total S.A.	COM	89151E109	312	4,761	SH		SOLE		4,761	0	0
Transdigm Group	COM	893641100	760	4,103	SH		SOLE		4,103	0	0
TripAdvisor Inc.	COM	896945201	229	2,533	SH		SOLE		2,533	0	0
Tyco International Ltd.	COM	H89128104	1,194	28,149	SH		SOLE		28,149	0	0
Tyson Foods Inc.	COM	902494103	11,475	260,743	SH		SOLE		260,743	0	0
Ubiquiti Networks Inc.	COM	90347A100	1,674	36,829	SH		SOLE		36,829	0	0
Ultra Clean Holdings Inc.	COM	90385V107	1,393	105,914	SH		SOLE		105,914	0	0
Under Armour	COM	904311107	3,289	28,694	SH		SOLE		28,694	0	0
Union Pacific Corp.	COM	907818108	1,950	10,389	SH		SOLE		10,389	0	0
United Insurance Holdings Corp	COM	910710102	1,379	94,392	SH		SOLE		94,392	0	0
Usa Mobility Inc.	COM	90341G103	281	15,488	SH		SOLE		15,488	0	0
Valeant Pharmaceuticals Intern	COM	91911K102	1,189	9,015	SH		SOLE		9,015	0	0
Veolia Environnement	COM	92334N103	309	15,558	SH		SOLE		15,558	0	0
Vf Corp.	COM	918204108	516	8,334	SH		SOLE		8,334	0	0
Vipshop Holdings Ltd.	COM	92763W103	13,245	88,714	SH		SOLE		88,714	0	0
Visa Inc.	COM	92826C839	71,491	331,192	SH		SOLE		331,192	0	0
Visteon Corp.	COM	92839U206	252	2,844	SH		SOLE		2,844	0	0
Vodafone Group Plc	COM	92857W308	277	7,514	SH		SOLE		7,514	0	0
Wageworks Inc.	COM	930427109	958	17,080	SH		SOLE		17,080	0	0
Wal-Mart Stores Inc.	COM	931142103	927	12,126	SH		SOLE		12,126	0	0
Walt Disney Co.	COM	254687106	1,487	18,573	SH		SOLE		18,573	0	0
Western Union Co.	COM	959802109	239	14,605	SH		SOLE		14,605	0	0
Wynn Resorts Ltd.	COM	983134107	644	2,898	SH		SOLE		2,898	0	0
YY, Inc. Sponsored ADR Class A	COM	98426T106	1,459	19,111	SH		SOLE		19,111	0	0
Yahoo! Inc.	COM	984332106	44,226	1,231,920	SH		SOLE		1,231,920	0	0
Yongye International, Inc.	COM	98607B106	90	13,147	SH		SOLE		13,147	0	0
iShares Barclays MBS Bond	COM	464288588	555	5,228	SH		SOLE		5,228	0	0