UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2013
Check here if Amendment [_]; Amendment Number: ____
This Amendment (Check only one.): [_] is a restatement.
[_] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Hillsdale Investment Management Inc.
Address: 100 Wellington Street West, Suite 2100, TD Centre, P.O. Box 228,
Toronto, Ontario, Canada, M5K 1J3
Form 13F File Number: 28-11957
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Ian Pember
Title: Senior Vice President, Administration and Compliance
Phone: 416-913-3920
Signature, Place, and Date of Signing:
/s/ I. Pember Toronto, Ontario, Canada May 9, 2013
------------------ -------------------------------- -------------
Report Type* (Check only one.):
[_] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[X] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
--------
* Reports Holdings for which confidential treatment is required.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 497
Form 13F Information Table Value Total: $445,224 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
1. Frank Russell Company. File number 028-01190
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
TITLE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------
NAME OF ISSUER OF CLASS CUSIP VALUE/1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
-------------- -------- --------- ---------- --------- --- ---- ------- -------- --------- ------ ----
AAR CORP COM COM 000361105 6 300 SH SOLE 300
AT&T INC COM COM 00206R102 1,092 29,750 SH SOLE 29,750
ABAXIS INC COM COM 002567105 7 150 SH SOLE 150
ABBOTT LABS COM COM 002824100 1,000 28,300 SH SOLE 28,300
ADDUS HOMECARE CORP COM COM 006739106 210 15,900 SH SOLE 15,900
ADVANCE AUTO PARTS INC COM COM 00751Y106 280 3,390 SH SOLE 3,390
ADVANCED SEMICONDUCTOR ENGR SPONSORED AD COM 00756M404 301 73,200 SH SOLE 73,200
ADVISORSHARES TR PERITUS HG YLD COM 00768Y503 492 9,600 SH SOLE 9,600
AFFYMAX INC COM COM 00826A109 4 2,800 SH SOLE 2,800
AGNICO EAGLE MINES LTD COM COM 008474108 25 600 SH SOLE 600
AGREE REALTY CORP COM COM 008492100 211 7,025 SH SOLE 7,025
AGRIUM INC COM COM 008916108 11,316 116,130 SH SOLE 116,130
AKAMAI TECHNOLOGIES INC COM COM 00971T101 7 200 SH SOLE 200
ALAMOS GOLD INC COM COM 011527108 3,628 264,400 SH SOLE 264,400
ALBANY MOLECULAR RESH INC COM COM 012423109 188 17,900 SH SOLE 17,900
ALLETE INC COM NEW COM 018522300 1,608 32,800 SH SOLE 32,800
ALLIANCE FIBER OPTIC PRODS I COM COM 018680306 470 36,100 SH SOLE 36,100
ALLIANCE RES PARTNER L P UT LTD PART COM 01877R108 255 4,000 SH SOLE 4,000
ALLIANT ENERGY CORP COM COM 018802108 1,566 31,200 SH SOLE 31,200
ALLIANT TECHSYSTEMS INC COM COM 018804104 7 100 SH SOLE 100
ALLIANCEBERNSTEIN HOLDING LP UNIT LTD PA COM 01881G106 55 2,500 SH SOLE 2,500
ALLSCRIPTS HEALTHCARE SOLUTN COM COM 01988P108 503 37,000 SH SOLE 37,000
ALON USA ENERGY INC COM COM 020520102 8 400 SH SOLE 400
ALTRIA GROUP INC COM COM 02209S103 906 26,350 SH SOLE 26,350
AMERICA MOVIL SAB DE CV SPON ADR L SHS COM 02364W105 5 250 SH SOLE 250
AMERICAN CAPITAL AGENCY CORP COM COM 02503X105 380 11,600 SH SOLE 11,600
AMERICAN CAP LTD COM COM 02503Y103 7 450 SH SOLE 450
AMERICAN ELEC PWR INC COM COM 025537101 2,130 43,800 SH SOLE 43,800
AMERICAN EAGLE OUTFITTERS NEW COM COM 02553E106 315 16,850 SH SOLE 16,850
AMERICAN PACIFIC CORP COM COM 028740108 25 1,100 SH SOLE 1,100
AMERICAN VANGUARD CORP COM COM 030371108 394 12,900 SH SOLE 12,900
AMGEN INC COM COM 031162100 838 8,170 SH SOLE 8,170
AMSURG CORP COM COM 03232P405 151 4,500 SH SOLE 4,500
ANGLOGOLD ASHANTI LTD SPONSORED ADR COM 035128206 205 8,700 SH SOLE 8,700
ANNALY CAP MGMT INC COM COM 035710409 799 50,300 SH SOLE 50,300
APPLE INC COM COM 037833100 237 536 SH SOLE 536
ARBITRON INC COM COM 03875Q108 6 120 SH SOLE 120
ARGAN INC COM COM 04010E109 497 33,350 SH SOLE 33,350
ARMOUR RESIDENTIAL REIT INC COM COM 042315101 291 44,500 SH SOLE 44,500
ARRIS GROUP INC NEW COM COM 04270V106 373 21,700 SH SOLE 21,700
ASTRAZENECA PLC SPONSORED ADR COM 046353108 517 10,350 SH SOLE 10,350
AUTOMATIC DATA PROCESSING INC COM COM 053015103 1,008 15,500 SH SOLE 15,500
AUTOZONE INC COM COM 053332102 555 1,400 SH SOLE 1,400
BCE INC COM COM 05534B760 6,301 134,960 SH SOLE 134,960
BT GROUP PLC ADR COM 05577E101 248 5,900 SH SOLE 5,900
BMC SOFTWARE INC COM COM 055921100 7 150 SH SOLE 150
BADGER METER INC COM COM 056525108 375 7,000 SH SOLE 7,000
BANK OF AMERICA CORPORATION COM COM 060505104 2 142 SH SOLE 142
BANK MONTREAL QUE COM COM 063671101 5,404 85,910 SH SOLE 85,910
BANK N S HALIFAX COM COM 064149107 6,885 118,410 SH SOLE 118,410
BARD C R INC COM COM 067383109 111 1,100 SH SOLE 1,100
BARCLAYS PLC ADR COM 06738E204 60 3,400 SH SOLE 3,400
BARCLAYS BK PLC IPMS INDIA ETN COM 06739F291 23 400 SH SOLE 400
BARRICK GOLD CORP COM COM 067901108 317 10,810 SH SOLE 10,810
BARRETT BUSINESS SERVICES INC COM COM 068463108 931 17,680 SH SOLE 17,680
BECTON DICKINSON & CO COM COM 075887109 1,625 17,000 SH SOLE 17,000
BED BATH & BEYOND INC COM COM 075896100 238 3,700 SH SOLE 3,700
BELLATRIX EXPLORATION LTD COM COM 078314101 4,887 759,700 SH SOLE 759,700
BERKSHIRE HATHAWAY INC DEL CL B NEW COM 084670702 1,422 13,650 SH SOLE 13,650
BIG 5 SPORTING GOODS CORP COM COM 08915P101 362 23,200 SH SOLE 23,200
BLOCK H & R INC COM COM 093671105 127 4,300 SH SOLE 4,300
BOEING CO COM COM 097023105 318 3,700 SH SOLE 3,700
BOSTON SCIENTIFIC CORP COM COM 101137107 8 1,000 SH SOLE 1,000
BOULDER BRANDS INC COM COM 101405108 58 6,400 SH SOLE 6,400
BRIGUS GOLD CORP COM COM 109490102 28 33,000 SH SOLE 33,000
BRISTOL-MYERS SQUIBB CO COM COM 110122108 531 12,900 SH SOLE 12,900
BROADCOM CORP CL A COM 111320107 137 3,950 SH SOLE 3,950
BROCADE COMMUNICATIONS SYS INC COM NEW COM 111621306 733 127,000 SH SOLE 127,000
BROOKFIELD ASSET MGMT INC CL A LTD VT SH COM 112585104 507 13,885 SH SOLE 13,885
BROOKFIELD OFFICE PPTYS COM COM 112900105 14 800 SH SOLE 800
BROWN & BROWN INC COM COM 115236101 279 8,700 SH SOLE 8,700
BUCKEYE PARTNERS L P UNIT LTD PARTN COM 118230101 446 7,300 SH SOLE 7,300
CAE INC COM COM 124765108 718 73,500 SH SOLE 73,500
CECO ENVIRONMENTAL CORP COM COM 125141101 217 16,800 SH SOLE 16,800
CF INDS HLDGS INC COM COM 125269100 93 490 SH SOLE 490
CIGNA CORPORATION COM COM 125509109 87 1,400 SH SOLE 1,400
CMS ENERGY CORP COM COM 125896100 2,079 74,400 SH SOLE 74,400
CNOOC LTD SPONSORED ADR COM 126132109 236 1,230 SH SOLE 1,230
VOTING AUTHORITY
TITLE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------
NAME OF ISSUER OF CLASS CUSIP VALUE/1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
-------------- -------- --------- ---------- --------- --- ---- ------- -------- --------- ------ ----
CTC MEDIA INC COM COM 12642X106 311 26,350 SH SOLE 26,350
CVR ENERGY INC COM COM 12662P108 809 15,670 SH SOLE 15,670
CVS CAREMARK CORPORATION COM COM 126650100 370 6,720 SH SOLE 6,720
CA INC COM COM 12673P105 219 8,700 SH SOLE 8,700
CALLON PETE CO DEL COM COM 13123X102 58 15,600 SH SOLE 15,600
CAMECO CORP COM COM 13321L108 50 2,400 SH SOLE 2,400
CAMPBELL SOUP CO COM COM 134429109 1,606 35,400 SH SOLE 35,400
CDN IMPERIAL BK OF COMMERCE COM COM 136069101 8,458 107,910 SH SOLE 107,910
CANADIAN NATL RY CO COM COM 136375102 4,924 49,030 SH SOLE 49,030
CANADIAN NAT RES LTD COM COM 136385101 147 4,600 SH SOLE 4,600
CANADIAN PAC RY LTD COM COM 13645T100 1,056 8,100 SH SOLE 8,100
CAPELLA EDUCATION COMPANY COM COM 139594105 231 7,420 SH SOLE 7,420
CAPITAL SOUTHWEST CORP COM COM 140501107 526 4,571 SH SOLE 4,571
CAPITOL FED FINL INC COM COM 14057J101 2,715 224,900 SH SOLE 224,900
CARDINAL FINL CORP COM COM 14149F109 816 44,900 SH SOLE 44,900
CARDINAL HEALTH INC COM COM 14149Y108 285 6,850 SH SOLE 6,850
CATAMARAN CORP COM COM 148887102 164 3,090 SH SOLE 3,090
CELGENE CORP COM COM 151020104 333 2,870 SH SOLE 2,870
CENOVUS ENERGY INC COM COM 15135U109 1,991 64,340 SH SOLE 64,340
CENTRAL GARDEN & PET CO CL A NON- VTG COM 153527205 51 6,200 SH SOLE 6,200
CHANGYOU COM LTD ADS REP CL A COM 15911M107 66 2,300 SH SOLE 2,300
CHARLES RIV LABS INTL INC COM COM 159864107 602 13,600 SH SOLE 13,600
CHECKPOINT SYS INC COM COM 162825103 353 27,000 SH SOLE 27,000
CHEVRON CORP NEW COM COM 166764100 89 750 SH SOLE 750
CHICOS FAS INC COM COM 168615102 7 400 SH SOLE 400
CHUNGHWA TELECOM CO LTD SPON ADR NEW11 COM 17133Q502 2,861 92,000 SH SOLE 92,000
CHURCH & DWIGHT INC COM COM 171340102 750 11,600 SH SOLE 11,600
CIRRUS LOGIC INC COM COM 172755100 557 24,490 SH SOLE 24,490
CISCO SYS INC COM COM 17275R102 77 3,700 SH SOLE 3,700
CITIZENS INC CL A COM 174740100 56 6,700 SH SOLE 6,700
CLAUDE RES INC COM COM 182873109 1,305 2,822,300 SH SOLE 2,822,300
CLOROX CO DEL COM COM 189054109 3,161 35,700 SH SOLE 35,700
COACH INC COM COM 189754104 260 5,200 SH SOLE 5,200
COCA COLA BOTTLING CO CONS COM COM 191098102 54 900 SH SOLE 900
COCA-COLA CO COM COM 191216100 1,060 26,200 SH SOLE 26,200
COCA COLA ENTERPRISES INC COM COM 19122T109 266 7,200 SH SOLE 7,200
COEUR D ALENE MINES CORP IDAHO COM COM 192108504 4 200 SH SOLE 200
COGNIZANT TECHNOLOGY SOLUTIONS CL A COM 192446102 251 3,280 SH SOLE 3,280
COINSTAR INC COM COM 19259P300 6 100 SH SOLE 100
COLGATE PALMOLIVE CO COM COM 194162103 1,180 10,000 SH SOLE 10,000
COMMVAULT SYSTEMS INC COM COM 204166102 533 6,500 SH SOLE 6,500
COMPANHIA ENERGETICA DE MINAS SP ADR N-V COM 204409601 386 32,600 SH SOLE 32,600
COMPANHIA DE BEBIDAS DAS AMERS SPON ADR COM 20441W203 59 1,400 SH SOLE 1,400
COMPUTER SCIENCES CORP COM COM 205363104 256 5,200 SH SOLE 5,200
CONAGRA FOODS INC COM COM 205887102 967 27,000 SH SOLE 27,000
CONOCOPHILLIPS COM COM 20825C104 147 2,450 SH SOLE 2,450
CONSOLIDATED EDISON INC COM COM 209115104 2,319 38,000 SH SOLE 38,000
COOPER COS INC COM NEW COM 216648402 8 70 SH SOLE 70
CORNERSTONE THERAPEUTICS INC COM COM 21924P103 172 24,324 SH SOLE 24,324
CORRECTIONS CORP AMER NEW COM NEW COM 22025Y407 369 9,450 SH SOLE 9,450
COSTCO WHSL CORP NEW COM COM 22160K105 504 4,750 SH SOLE 4,750
COTT CORP QUE COM COM 22163N106 13,201 1,308,000 SH SOLE 1,308,000
COVENTRY HEALTH CARE INC COM COM 222862104 322 6,850 SH SOLE 6,850
CREXUS INVT CORP COM COM 226553105 193 14,850 SH SOLE 14,850
CUTERA INC COM COM 232109108 347 26,700 SH SOLE 26,700
CYBERONICS INC COM COM 23251P102 548 11,700 SH SOLE 11,700
DTE ENERGY CO COM COM 233331107 2,549 37,300 SH SOLE 37,300
DSW INC CL A COM 23334L102 249 3,900 SH SOLE 3,900
DAKTRONICS INC COM COM 234264109 566 53,950 SH SOLE 53,950
DELEK US HLDGS INC COM COM 246647101 983 24,900 SH SOLE 24,900
DEPOMED INC COM COM 249908104 62 10,500 SH SOLE 10,500
DESTINATION MATERNITY CORP COM COM 25065D100 222 9,500 SH SOLE 9,500
DIAGEO P L C SPON ADR NEW COM 25243Q205 1,082 8,600 SH SOLE 8,600
DILLARDS INC CL A COM 254067101 249 3,170 SH SOLE 3,170
DIRECTV COM COM 25490A309 260 4,600 SH SOLE 4,600
DOLLAR TREE INC COM COM 256746108 228 4,700 SH SOLE 4,700
DOMINION RES INC VA NEW COM COM 25746U109 1,888 32,450 SH SOLE 32,450
DR PEPPER SNAPPLE GROUP INC COM COM 26138E109 859 18,300 SH SOLE 18,300
DUKE ENERGY CORP NEW COM NEW COM 26441C204 1,604 22,097 SH SOLE 22,097
DUN & BRADSTREET CORP DEL NEW COM COM 26483E100 6 70 SH SOLE 70
DYNEX CAP INC COM NEW COM 26817Q506 158 14,800 SH SOLE 14,800
EPL OIL & GAS INC COM NEW COM 26883D108 464 17,300 SH SOLE 17,300
EASTMAN CHEM CO COM COM 277432100 356 5,100 SH SOLE 5,100
EATON VANCE CORP COM NON VTG COM 278265103 8 200 SH SOLE 200
EBAY INC COM COM 278642103 114 2,100 SH SOLE 2,100
EDISON INTL COM COM 281020107 1,258 25,000 SH SOLE 25,000
8X8 INC NEW COM COM 282914100 543 79,300 SH SOLE 79,300
ELDORADO GOLD CORP NEW COM COM 284902103 14 1,500 SH SOLE 1,500
ENCANA CORP COM COM 292505104 33 1,700 SH SOLE 1,700
ENBRIDGE INC COM COM 29250N105 3,188 68,520 SH SOLE 68,520
ENDEAVOUR SILVER CORP COM COM 29258Y103 946 151,900 SH SOLE 151,900
VOTING AUTHORITY
TITLE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------
NAME OF ISSUER OF CLASS CUSIP VALUE/1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
-------------- -------- --------- ---------- --------- --- ---- ------- -------- --------- ------ ----
ENERNOC INC COM COM 292764107 559 32,200 SH SOLE 32,200
ENERPLUS CORP COM COM 292766102 27 1,850 SH SOLE 1,850
ENTERGY CORP NEW COM COM 29364G103 1,208 19,100 SH SOLE 19,100
ENTERPRISE PRODS PARTNERS L COM COM 293792107 874 14,500 SH SOLE 14,500
ENTRAVISION COMMUNICATIONS CP CL A COM 29382R107 234 73,400 SH SOLE 73,400
ERICSSON ADR B SEK 10 COM 294821608 257 20,400 SH SOLE 20,400
EURONET WORLDWIDE INC COM COM 298736109 396 15,050 SH SOLE 15,050
EVERCORE PARTNERS INC CLASS A COM 29977A105 603 14,500 SH SOLE 14,500
EXELON CORP COM COM 30161N101 645 18,700 SH SOLE 18,700
FEDERAL AGRIC MTG CORP CL C COM 313148306 55 1,800 SH SOLE 1,800
FEDERAL REALTY INVT TR SH BEN INT NEW COM 313747206 2,431 22,500 SH SOLE 22,500
FEDERATED INVS INC PA CL B COM 314211103 88 3,700 SH SOLE 3,700
FIDELITY NATIONAL FINANCIAL CL A COM 31620R105 269 10,650 SH SOLE 10,650
FIFTH THIRD BANCORP COM COM 316773100 104 6,400 SH SOLE 6,400
FIRST CONN BANCORP INC MD COM COM 319850103 1,173 79,622 SH SOLE 79,622
FIRST DEFIANCE FINL CORP COM COM 32006W106 282 12,100 SH SOLE 12,100
FIRST SOLAR INC COM COM 336433107 178 6,600 SH SOLE 6,600
FLAGSTAR BANCORP INC COM COM 337930705 344 24,700 SH SOLE 24,700
FOCUS MEDIA HLDG LTD SPONSORED ADR COM 34415V109 64 2,400 SH SOLE 2,400
FOOT LOCKER INC COM COM 344849104 288 8,400 SH SOLE 8,400
FOREST LABS INC COM COM 345838106 620 16,300 SH SOLE 16,300
FOSTER L B CO COM COM 350060109 721 16,290 SH SOLE 16,290
FRANCO NEVADA CORP COM COM 351858105 2,167 47,500 SH SOLE 47,500
FRANKLIN RES INC COM COM 354613101 415 2,750 SH SOLE 2,750
GAMCO INVESTORS INC COM COM 361438104 6 120 SH SOLE 120
GEO GROUP INC COM COM 36159R103 156 4,150 SH SOLE 4,150
G-III APPAREL GROUP LTD COM COM 36237H101 6 160 SH SOLE 160
GANNETT INC COM COM 364730101 109 5,000 SH SOLE 5,000
GAP INC DEL COM COM 364760108 354 10,000 SH SOLE 10,000
GENERAL ELECTRIC CO COM COM 369604103 4 SH SOLE 4
GENERAL MLS INC COM COM 370334104 2,106 42,700 SH SOLE 42,700
GENERAL MOLY INC COM COM 370373102 3 1,200 SH SOLE 1,200
GEOSPACE TECHNOLOGIES CORP COM COM 37364X109 930 8,620 SH SOLE 8,620
GILDAN ACTIVEWEAR INC COM COM 375916103 3,610 90,540 SH SOLE 90,540
GLADSTONE CAPITAL CORP COM COM 376535100 291 31,600 SH SOLE 31,600
GLAXOSMITHKLINE PLC SPONSORED ADR COM 37733W105 1,393 29,700 SH SOLE 29,700
GLOBAL PMTS INC COM COM 37940X102 335 6,750 SH SOLE 6,750
GLOBAL X FDS GLB X SUPERDIV COM 37950E549 199 8,500 SH SOLE 8,500
GOLDCORP INC NEW COM COM 380956409 57 1,700 SH SOLE 1,700
GOLDEN STAR RES LTD CDA COM COM 38119T104 12,665 7,898,726 SH SOLE 7,898,726
GRAN TIERRA ENERGY INC COM COM 38500T101 4,269 731,900 SH SOLE 731,900
GREAT LAKES DREDGE & DOCK CO COM COM 390607109 56 8,300 SH SOLE 8,300
GROUPE CGI INC CL A SUB VTG COM 39945C109 334 12,300 SH SOLE 12,300
HACKETT GROUP INC COM COM 404609109 489 107,000 SH SOLE 107,000
HANMI FINL CORP COM COM 410495204 664 41,500 SH SOLE 41,500
HARVEST NATURAL RESOURCES IN COM COM 41754V103 37 10,600 SH SOLE 10,600
HATTERAS FINL CORP COM COM 41902R103 886 32,300 SH SOLE 32,300
HELMERICH & PAYNE INC COM COM 423452101 67 1,100 SH SOLE 1,100
HERSHEY CO COM COM 427866108 1,549 17,700 SH SOLE 17,700
HI-TECH PHARMACAL INC COM COM 42840B101 5 150 SH SOLE 150
HILL ROM HLDGS INC COM COM 431475102 151 4,300 SH SOLE 4,300
HILLENBRAND INC COM COM 431571108 561 22,200 SH SOLE 22,200
HOLLYFRONTIER CORP COM PAR $0.01 COM 436106108 260 5,050 SH SOLE 5,050
HOME DEPOT INC COM COM 437076102 251 3,600 SH SOLE 3,600
HORMEL FOODS CORP COM COM 440452100 996 24,100 SH SOLE 24,100
HUNTINGTON BANCSHARES INC COM COM 446150104 74 10,000 SH SOLE 10,000
IDT CORP CL B COM 448947507 648 53,700 SH SOLE 53,700
IAMGOLD CORP COM COM 450913108 40 5,600 SH SOLE 5,600
IMPERIAL OIL LTD COM NEW COM 453038408 10,411 254,900 SH SOLE 254,900
INGREDION INC COM COM 457187102 281 3,890 SH SOLE 3,890
INTEGRA LIFESCIENCES HLDGS CP COM NEW COM 457985208 605 15,500 SH SOLE 15,500
INTEL CORP COM COM 458140100 65 3,000 SH SOLE 3,000
INTERNATIONAL BUSINESS MACHS COM COM 459200101 693 3,250 SH SOLE 3,250
INTERNATIONAL GAME TECHNOLOGY COM COM 459902102 358 21,700 SH SOLE 21,700
INVACARE CORP COM COM 461203101 57 4,400 SH SOLE 4,400
INTUITIVE SURGICAL INC COM NEW COM 46120E602 44 90 SH SOLE 90
INVESTMENT TECHNOLOGY GRP NEW COM COM 46145F105 100 SH SOLE 100
ISHARES INC MSCI AUSTRALIA COM 464286103 16 600 SH SOLE 600
ISHARES INC MSCI BRAZIL CAPP COM 464286400 35 650 SH SOLE 650
ISHARES INC MSCI THAI CAPPED COM 464286624 18 200 SH SOLE 200
ISHARES INC MSCI ISRAEL FD COM 464286632 27 600 SH SOLE 600
ISHARES INC MSCI SINGAPORE COM 464286673 29 2,100 SH SOLE 2,100
ISHARES INC MSCI TURKEY FD COM 464286715 14 200 SH SOLE 200
ISHARES INC MSCI TAIWAN COM 464286731 21 1,600 SH SOLE 1,600
ISHARES INC MSCI STH KOR CAP COM 464286772 21 350 SH SOLE 350
ISHARES INC MSCI MEXICO CAP COM 464286822 11 150 SH SOLE 150
ISHARES INC MSCI MALAYSIA COM 464286830 12 800 SH SOLE 800
ISHARES INC MSCI HONG KONG COM 464286871 10 500 SH SOLE 500
ISHARES TR FTSE CHINA25 IDX COM 464287184 22 600 SH SOLE 600
ISHARES TR MSCI EAFE INDEX COM 464287465 8 SH SOLE 8
ISHARES TR HIGH YLD CORP COM 464288513 311 3,300 SH SOLE 3,300
VOTING AUTHORITY
TITLE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------
NAME OF ISSUER OF CLASS CUSIP VALUE/1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
-------------- -------- --------- ---------- --------- --- ---- ------- -------- --------- ------ ----
ISHARES TR MRTG PLS CAP IDX COM 464288539 207 13,250 SH SOLE 13,250
ITC HLDGS CORP COM COM 465685105 1,116 12,500 SH SOLE 12,500
JAGUAR MNG INC COM COM 47009M103 23 39,000 SH SOLE 39,000
JOHNSON & JOHNSON COM COM 478160104 3,502 42,950 SH SOLE 42,950
JOHNSON OUTDOORS INC CL A COM 479167108 188 7,900 SH SOLE 7,900
JUNIPER NETWORKS INC COM COM 48203R104 256 13,800 SH SOLE 13,800
KKR & CO L P DEL COM UNITS COM 48248M102 98 5,050 SH SOLE 5,050
KT CORP SPONSORED ADR COM 48268K101 159 10,150 SH SOLE 10,150
KELLOGG CO COM COM 487836108 2,342 36,350 SH SOLE 36,350
KEYNOTE SYS INC COM COM 493308100 335 24,000 SH SOLE 24,000
KIMBERLY CLARK CORP COM COM 494368103 1,744 17,800 SH SOLE 17,800
KINDER MORGAN ENERGY PARTNERS UT LTD PAR COM 494550106 907 10,100 SH SOLE 10,100
KINROSS GOLD CORP COM NO PAR COM 496902404 59 7,500 SH SOLE 7,500
KONINKLIJKE PHILIPS ELECTRS NY REG SH NE COM 500472303 253 8,550 SH SOLE 8,550
KRAFT FOODS GROUP INC COM COM 50076Q106 623 12,099 SH SOLE 12,099
KRISPY KREME DOUGHNUTS INC COM COM 501014104 533 36,900 SH SOLE 36,900
KROGER CO COM COM 501044101 918 27,700 SH SOLE 27,700
LHC GROUP INC COM COM 50187A107 333 15,500 SH SOLE 15,500
ELI LILLY & CO COM COM 532457108 1,136 20,010 SH SOLE 20,010
LIN TV CORP CL A COM 532774106 285 25,900 SH SOLE 25,900
LINDSAY CORP COM COM 535555106 745 8,450 SH SOLE 8,450
LOCKHEED MARTIN CORP COM COM 539830109 1,004 10,400 SH SOLE 10,400
LORRILLARD INC COMMON STOCK COM 544147101 375 9,300 SH SOLE 9,300
LUMBER LIQUIDATORS HLDGS INC COM COM 55003T107 7 100 SH SOLE 100
MFA FINL INC COM COM 55272X102 153 16,400 SH SOLE 16,400
MVC CAPITAL INC COM COM 553829102 1,946 151,700 SH SOLE 151,700
MACY'S INC COM COM 55616P104 259 6,200 SH SOLE 6,200
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP COM 559080106 459 8,600 SH SOLE 8,600
MAGNA INTL INC COM COM 559222401 13,182 224,420 SH SOLE 224,420
MANULIFE FINL CORP COM COM 56501R106 378 25,720 SH SOLE 25,720
MARATHON PETE CORP COM COM 56585A102 412 4,600 SH SOLE 4,600
MARKETAXESS HLDGS INC COM COM 57060D108 470 12,600 SH SOLE 12,600
MARKET VECTORS ETF TR MTG REIT ETF COM 57060U324 208 6,950 SH SOLE 6,950
MARKET VECTORS ETF TR INDONESIA ETF COM 57060U753 19 600 SH SOLE 600
MARKET VECTORS ETF TR EMKT HIYLD BD COM 57061R403 395 14,650 SH SOLE 14,650
MASTERCARD INC CL A COM 57636Q104 189 350 SH SOLE 350
MATRIX SVC CO COM COM 576853105 6 400 SH SOLE 400
MATTEL INC COM COM 577081102 92 2,100 SH SOLE 2,100
MAXIM INTEGRATED PRODS INC COM COM 57772K101 362 11,100 SH SOLE 11,100
MAXIMUS INC COM COM 577933104 464 5,800 SH SOLE 5,800
MCCORMICK & CO INC COM NON VTG COM 579780206 964 13,100 SH SOLE 13,100
MCDONALDS CORP COM COM 580135101 1,545 15,500 SH SOLE 15,500
MCKESSON CORP COM COM 58155Q103 202 1,870 SH SOLE 1,870
MEDICAL ACTION INDS INC COM COM 58449L100 148 24,600 SH SOLE 24,600
MEDICAL PPTYS TRUST INC COM COM 58463J304 165 10,300 SH SOLE 10,300
MEDIFAST INC COM COM 58470H101 740 32,300 SH SOLE 32,300
MEDTRONIC INC COM COM 585055106 301 6,400 SH SOLE 6,400
MERCK & CO INC COM COM 58933Y105 720 16,300 SH SOLE 16,300
MICROSOFT CORP COM COM 594918104 363 12,700 SH SOLE 12,700
MOBILE TELESYSTEMS OJSC SPONSORED ADR COM 607409109 95 4,600 SH SOLE 4,600
MOHAWK INDS INC COM COM 608190104 260 2,300 SH SOLE 2,300
MONDELEZ INTL INC CL A COM 609207105 698 22,800 SH SOLE 22,800
MONOTYPE IMAGING HOLDINGS IN COM COM 61022P100 7 300 SH SOLE 300
MOODYS CORP COM COM 615369105 460 8,630 SH SOLE 8,630
MOTOROLA SOLUTIONS COM COM 620076307 122 1,900 SH SOLE 1,900
MOVADO GROUP INC COM COM 624580106 285 8,500 SH SOLE 8,500
MYLAN INC COM COM 628530107 87 3,000 SH SOLE 3,000
MYRIAD GENETICS INC COM COM 62855J104 8 300 SH SOLE 300
NTT DOCOMO INC SPONS ADR COM 62942M201 797 53,600 SH SOLE 53,600
NATIONAL GRID PLC SPON ADR NEW COM 636274300 1,589 27,400 SH SOLE 27,400
NATIONAL RETAIL PPTYS INC COM COM 637417106 2,941 81,300 SH SOLE 81,300
NATUS MEDICAL INC DEL COM COM 639050103 372 27,700 SH SOLE 27,700
NAUTILUS INC COM COM 63910B102 695 95,255 SH SOLE 95,255
NETAPP INC COM COM 64110D104 292 8,550 SH SOLE 8,550
NETEASE INC SPONSORED ADR COM 64110W102 265 4,830 SH SOLE 4,830
NEWCASTLE INVT CORP COM COM 65105M108 53 4,750 SH SOLE 4,750
NEWELL RUBBERMAID INC COM COM 651229106 188 7,200 SH SOLE 7,200
NEXSTAR BROADCASTING GROUP INC CL A COM 65336K103 580 32,200 SH SOLE 32,200
NEXTERA ENERGY INC COM COM 65339F101 2,260 29,100 SH SOLE 29,100
NIKE INC CL B COM 654106103 438 7,420 SH SOLE 7,420
NIPPON TELEG & TEL CORP SPONSORED ADR COM 654624105 576 26,500 SH SOLE 26,500
NORDSON CORP COM COM 655663102 7 100 SH SOLE 100
NORTH AMERN ENERGY PARTNERS COM COM 656844107 632 139,600 SH SOLE 139,600
NORTHEAST UTILS COM COM 664397106 1,508 34,700 SH SOLE 34,700
NORTHWESTERN CORP COM NEW COM 668074305 1,196 30,000 SH SOLE 30,000
NOVARTIS A G SPONSORED ADR COM 66987V109 64 900 SH SOLE 900
NOVO-NORDISK A S ADR COM 670100205 307 1,900 SH SOLE 1,900
NU SKIN ENTERPRISES INC CL A COM 67018T105 905 20,470 SH SOLE 20,470
NVIDIA CORP COM COM 67066G104 5 400 SH SOLE 400
OMNICARE INC COM COM 681904108 14 350 SH SOLE 350
OMNICELL INC COM COM 68213N109 394 20,885 SH SOLE 20,885
VOTING AUTHORITY
TITLE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------
NAME OF ISSUER OF CLASS CUSIP VALUE/1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
-------------- -------- --------- ---------- --------- --- ---- ------- -------- --------- ------ ----
ONEOK PARTNERS LP UNIT LTD PARTN COM 68268N103 677 11,800 SH SOLE 11,800
OPEN TEXT CORP COM COM 683715106 2,271 38,450 SH SOLE 38,450
ORACLE CORP COM COM 68389X105 306 9,450 SH SOLE 9,450
OSHKOSH CORP COM COM 688239201 367 8,630 SH SOLE 8,630
PDF SOLUTIONS INC COM COM 693282105 545 34,000 SH SOLE 34,000
PG&E CORP COM COM 69331C108 1,421 31,900 SH SOLE 31,900
PLX TECHNOLOGY INC COM COM 693417107 140 30,800 SH SOLE 30,800
PMC-SIERRA INC COM COM 69344F106 7 1,100 SH SOLE 1,100
PPL CORP COM COM 69351T106 1,998 63,800 SH SOLE 63,800
PACKAGING CORP AMER COM COM 695156109 9 200 SH SOLE 200
PANERA BREAD CO CL A COM 69840W108 8 50 SH SOLE 50
PARTNER COMMUNICATIONS CO LTD ADR COM 70211M109 201 32,300 SH SOLE 32,300
PEMBINA PIPELINE CORP COM COM 706327103 2,027 64,200 SH SOLE 64,200
PENN WEST PETE LTD NEW COM COM 707887105 26 2,400 SH SOLE 2,400
PEPCO HOLDINGS INC COM COM 713291102 1,727 80,700 SH SOLE 80,700
PEPSICO INC COM COM 713448108 3,164 40,000 SH SOLE 40,000
PFIZER INC COM COM 717081103 1,321 45,790 SH SOLE 45,790
PHILIP MORRIS INTL INC COM COM 718172109 797 8,600 SH SOLE 8,600
PHILIPPINE LONG DISTANCE TEL SPONSORED A COM 718252604 791 11,150 SH SOLE 11,150
PHILLIPS 66 COM COM 718546104 280 4,000 SH SOLE 4,000
PIER 1 IMPORTS INC COM COM 720279108 359 15,600 SH SOLE 15,600
PIMCO ETF TR 0-5 HIGH YIELD COM 72201R783 596 5,700 SH SOLE 5,700
PINNACLE WEST CAP CORP COM COM 723484101 1,766 30,500 SH SOLE 30,500
PLAINS ALL AMERN PIPELINE L UNIT LTD PAR COM 726503105 904 16,000 SH SOLE 16,000
PORTLAND GEN ELEC CO COM NEW COM 736508847 1,780 58,700 SH SOLE 58,700
POTASH CORP SASK INC COM COM 73755L107 895 22,800 SH SOLE 22,800
POWER INTEGRATIONS INC COM COM 739276103 443 10,200 SH SOLE 10,200
POWERSHARES ETF TRUST II SENIOR LN PORT COM 73936Q769 597 23,800 SH SOLE 23,800
POWERSHARES GLOBAL ETF TRUST FDM HG YLD COM 73936T557 397 20,500 SH SOLE 20,500
POWERSHARES GLOBAL ETF TRUST AGG PFD POR COM 73936T565 492 33,050 SH SOLE 33,050
POWERSHARES GLOBAL ETF TRUST SOVEREIGN D COM 73936T573 393 13,200 SH SOLE 13,200
PRICE T ROWE GROUP INC COM COM 74144T108 111 1,480 SH SOLE 1,480
PRICELINE COM INC COM NEW COM 741503403 351 510 SH SOLE 510
PRIMERO MNG CORP COM COM 74164W106 5,867 879,700 SH SOLE 879,700
PROCTER & GAMBLE CO COM COM 742718109 1,268 16,450 SH SOLE 16,450
PROGRESSIVE WASTE SOLUTIONS COM COM 74339G101 624 29,500 SH SOLE 29,500
PROS HOLDINGS INC COM COM 74346Y103 187 6,900 SH SOLE 6,900
PROSHARES TR PSHS ULSHRUS2000 COM 74348A202 896 45,400 SH SOLE 45,400
PZENA INVESTMENT MGMT INC CLASS A COM 74731Q103 7 1,100 SH SOLE 1,100
QUALCOMM INC COM COM 747525103 356 5,320 SH SOLE 5,320
QUANEX BUILDING PRODUCTS COR COM COM 747619104 56 3,500 SH SOLE 3,500
QUESTCOR PHARMACEUTICALS INC COM COM 74835Y101 701 21,530 SH SOLE 21,530
RPC INC COM COM 749660106 221 14,600 SH SOLE 14,600
REINSURANCE GROUP AMER INC COM NEW COM 759351604 371 6,220 SH SOLE 6,220
RENTECH INC COM COM 760112102 58 24,700 SH SOLE 24,700
RESEARCH IN MOTION LTD COM COM 760975102 12 800 SH SOLE 800
RETAIL OPPORTUNITY INVTS COR COM COM 76131N101 4,080 291,000 SH SOLE 291,000
REVLON INC CL A COM 761525609 360 16,100 SH SOLE 16,100
REYNOLDS AMERICAN INC COM COM 761713106 1,177 26,450 SH SOLE 26,450
RIVERBED TECHNOLOGY INC COM COM 768573107 8 550 SH SOLE 550
ROGERS COMMUNICATIONS INC CL B COM 775109200 12,763 250,040 SH SOLE 250,040
ROSS STORES INC COM COM 778296103 292 4,810 SH SOLE 4,810
ROYAL BK CDA MONTREAL QUE COM COM 780087102 5,378 89,325 SH SOLE 89,325
RYANAIR HLDGS PLC SPONSORED ADR COM 783513104 7 170 SH SOLE 170
SEI INVESTMENTS CO COM COM 784117103 374 12,950 SH SOLE 12,950
SHFL ENTERTAINMENT INC COM COM 78423R105 365 22,050 SH SOLE 22,050
SK TELECOM LTD SPONSORED ADR COM 78440P108 101 5,660 SH SOLE 5,660
SLM CORP COM COM 78442P106 4 200 SH SOLE 200
SPDR INDEX SHS FDS S&P EM MKT DIV COM 78463X533 201 4,450 SH SOLE 4,450
SPDR SERIES TRUST BRC HGH YLD BD COM 78464A417 399 9,700 SH SOLE 9,700
ST JUDE MED INC COM COM 790849103 137 3,400 SH SOLE 3,400
SANDSTORM GOLD LTD COM NEW COM 80013R206 47 5,000 SH SOLE 5,000
SANTARUS INC COM COM 802817304 23 1,300 SH SOLE 1,300
SASOL LTD SPONSORED ADR COM 803866300 164 3,700 SH SOLE 3,700
SCANA CORP NEW COM COM 80589M102 2,200 43,000 SH SOLE 43,000
SCHULMAN A INC COM COM 808194104 454 14,400 SH SOLE 14,400
SCHWEITZER- MAUDUIT INTL INC COM COM 808541106 6 160 SH SOLE 160
SEACHANGE INTL INC COM COM 811699107 366 30,800 SH SOLE 30,800
SELECT COMFORT CORP COM COM 81616X103 340 17,200 SH SOLE 17,200
SEMPRA ENERGY COM COM 816851109 1,375 17,200 SH SOLE 17,200
SHAW COMMUNICATIONS INC CL B CONV COM 82028K200 3,171 128,118 SH SOLE 128,118
SIERRA WIRELESS INC COM COM 826516106 94 8,800 SH SOLE 8,800
SILVER WHEATON CORP COM COM 828336107 2,449 78,300 SH SOLE 78,300
SMUCKER J M CO COM NEW COM 832696405 942 9,500 SH SOLE 9,500
SOLARWINDS INC COM COM 83416B109 293 4,950 SH SOLE 4,950
SOUTHERN CO COM COM 842587107 2,055 43,800 SH SOLE 43,800
SOUTHWEST AIRLS CO COM COM 844741108 190 14,100 SH SOLE 14,100
STANDARD MTR PRODS INC COM COM 853666105 556 20,050 SH SOLE 20,050
STANTEC INC COM COM 85472N109 21,811 494,800 SH SOLE 494,800
STARWOOD PPTY TR INC COM COM 85571B105 150 5,400 SH SOLE 5,400
STEELCASE INC CL A COM 858155203 356 24,200 SH SOLE 24,200
VOTING AUTHORITY
TITLE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------
NAME OF ISSUER OF CLASS CUSIP VALUE/1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
-------------- -------- --------- ---------- --------- --- ---- ------- -------- --------- ------ ----
STEPAN CO COM COM 858586100 556 8,810 SH SOLE 8,810
STEWART INFORMATION SVCS CORP COM COM 860372101 846 33,212 SH SOLE 33,212
STRAYER ED INC COM COM 863236105 198 4,100 SH SOLE 4,100
STRYKER CORP COM COM 863667101 7 100 SH SOLE 100
SUN LIFE FINL INC COM COM 866796105 181 6,641 SH SOLE 6,641
SUNCOR ENERGY INC COM COM 867224107 13,759 459,480 SH SOLE 459,480
SURMODICS INC COM COM 868873100 373 13,700 SH SOLE 13,700
SYMMETRY MED INC COM COM 871546206 291 25,400 SH SOLE 25,400
SYSCO CORP COM COM 871829107 1,375 39,100 SH SOLE 39,100
TJX COS INC NEW COM COM 872540109 100 2,130 SH SOLE 2,130
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED A COM 874039100 376 21,900 SH SOLE 21,900
TALISMAN ENERGY INC COM COM 87425E103 100 8,200 SH SOLE 8,200
TARGET CORP COM COM 87612E106 931 13,600 SH SOLE 13,600
TASER INTL INC COM COM 87651B104 929 116,900 SH SOLE 116,900
TEAM HEALTH HOLDINGS INC COM COM 87817A107 931 25,600 SH SOLE 25,600
TECK COMINCO LTD CL B COM 878742204 28 1,000 SH SOLE 1,000
TELECOM ARGENTINA S A SPON ADR REP B COM 879273209 46 3,200 SH SOLE 3,200
TELEFONICA BRASIL SA SPON ADR PFD COM 87936R106 143 5,350 SH SOLE 5,350
TELUS CORP COM COM 87971M103 2,468 35,760 SH SOLE 35,760
TENET HEALTHCARE CORP COM COM 88033G407 375 7,875 SH SOLE 7,875
TESORO CORP COM COM 881609101 275 4,700 SH SOLE 4,700
TETRA TECHNOLOGIES INC DEL COM COM 88162F105 315 30,700 SH SOLE 30,700
THERMO FISHER SCIENTIFIC INC COM COM 883556102 8 100 SH SOLE 100
THOMPSON CREEK METALS CO INC COM COM 884768102 50 16,600 SH SOLE 16,600
THOMSON REUTERS CORP COM COM 884903105 1,735 53,520 SH SOLE 53,520
THORATEC CORP COM NEW COM 885175307 317 8,450 SH SOLE 8,450
TIM HORTONS INC COM COM 88706M103 1,878 34,571 SH SOLE 34,571
TIMMINS GOLD CORP COM COM 88741P103 5,579 1,929,200 SH SOLE 1,929,200
TORO CO COM COM 891092108 230 5,000 SH SOLE 5,000
TORONTO DOMINION BK ONT COM NEW COM 891160509 8,642 103,870 SH SOLE 103,870
TOTAL S A SPONSORED ADR COM 89151E109 192 4,000 SH SOLE 4,000
TRANSALTA CORP COM COM 89346D107 735 50,300 SH SOLE 50,300
TRANSCANADA CORP COM COM 89353D107 4,562 95,620 SH SOLE 95,620
TRANSGLOBE ENERGY CORP COM COM 893662106 4,799 560,700 SH SOLE 560,700
TRANSITION THERAPEUTICS INC COM NEW COM 893716209 207 101,600 SH SOLE 101,600
TRAVELERS COMPANIES INC COM COM 89417E109 109 1,300 SH SOLE 1,300
TRAVELZOO INC COM COM 89421Q106 254 11,900 SH SOLE 11,900
TREX INC COM COM 89531P105 7 150 SH SOLE 150
TRINITY BIOTECH PLC SPON ADR NEW COM 896438306 430 25,500 SH SOLE 25,500
TUPPERWARE BRANDS CORP COM COM 899896104 270 3,300 SH SOLE 3,300
TURKCELL ILETISIM HIZMETLERI SPON ADR NE COM 900111204 73 4,400 SH SOLE 4,400
TYSON FOODS INC CL A COM 902494103 340 13,700 SH SOLE 13,700
UIL HLDG CORP COM COM 902748102 1,180 29,800 SH SOLE 29,800
US BANCORP DEL COM NEW COM 902973304 78 2,300 SH SOLE 2,300
UNS ENERGY CORP COM COM 903119105 1,268 25,900 SH SOLE 25,900
USANA HEALTH SCIENCES INC COM COM 90328M107 5 100 SH SOLE 100
U S G CORP COM NEW COM 903293405 56 2,100 SH SOLE 2,100
UNILEVER N V N Y SHS NEW COM 904784709 62 1,500 SH SOLE 1,500
UNITED PARCEL SERVICE INC CL B COM 911312106 902 10,500 SH SOLE 10,500
UNITED THERAPEUTICS CORP DEL COM COM 91307C102 402 6,600 SH SOLE 6,600
UNITEDHEALTH GROUP INC COM COM 91324P102 154 2,700 SH SOLE 2,700
URBAN OUTFITTERS INC COM COM 917047102 217 5,600 SH SOLE 5,600
V F CORP COM COM 918204108 101 600 SH SOLE 600
VALEANT PHARMACEUTICALS INTL COM COM 91911K102 1,251 16,670 SH SOLE 16,670
VALERO ENERGY CORP NEW COM COM 91913Y100 334 7,350 SH SOLE 7,350
VALMONT INDS INC COM COM 920253101 258 1,640 SH SOLE 1,640
VALUECLICK INC COM COM 92046N102 364 12,300 SH SOLE 12,300
VECTOR GROUP LTD COM COM 92240M108 712 44,195 SH SOLE 44,195
VERIZON COMMUNICATIONS INC COM COM 92343V104 865 17,600 SH SOLE 17,600
VERISK ANALYTICS INC CL A COM 92345Y106 278 4,510 SH SOLE 4,510
VERMILION ENERGY INC COM COM 923725105 775 14,983 SH SOLE 14,983
VISA INC COM CL A COM 92826C839 170 1,000 SH SOLE 1,000
VIRTUS INVT PARTNERS INC COM COM 92828Q109 186 1,000 SH SOLE 1,000
VITAMIN SHOPPE INC COM COM 92849E101 59 1,200 SH SOLE 1,200
VODAFONE GROUP PLC NEW SPONS ADR NEW COM 92857W209 163 5,750 SH SOLE 5,750
VOLTERRA SEMICONDUCTOR CORP COM COM 928708106 210 14,800 SH SOLE 14,800
WABTEC CORP COM COM 929740108 8 80 SH SOLE 80
WADDELL & REED FINL INC CL A COM 930059100 512 11,700 SH SOLE 11,700
WAL MART STORES INC COM COM 931142103 1,055 14,100 SH SOLE 14,100
WALTER INVT MGMT CORP COM COM 93317W102 63 1,700 SH SOLE 1,700
WASTE CONNECTIONS INC COM COM 941053100 489 13,600 SH SOLE 13,600
WEIGHT WATCHERS INTL INC NEW COM COM 948626106 404 9,600 SH SOLE 9,600
WEIS MKTS INC COM COM 948849104 716 17,600 SH SOLE 17,600
WESTAR ENERGY INC COM COM 95709T100 2,024 61,000 SH SOLE 61,000
WESTERN DIGITAL CORP COM COM 958102105 327 6,500 SH SOLE 6,500
WESTERN REFNG INC COM COM 959319104 7 200 SH SOLE 200
WESTLAKE CHEM CORP COM COM 960413102 7 80 SH SOLE 80
WILLIAMS SONOMA INC COM COM 969904101 8 150 SH SOLE 150
WISCONSIN ENERGY CORP COM COM 976657106 2,007 46,800 SH SOLE 46,800
WISDOMTREE INVTS INC COM COM 97717P104 410 39,400 SH SOLE 39,400
XCEL ENERGY INC COM COM 98389B100 1,939 65,300 SH SOLE 65,300
VOTING AUTHORITY
TITLE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------
NAME OF ISSUER OF CLASS CUSIP VALUE/1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
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XEROX CORP COM COM 984121103 329 38,200 SH SOLE 38,200
YAMANA GOLD INC COM COM 98462Y100 285 18,500 SH SOLE 18,500
ZEBRA TECHNOLOGIES CORP CL A COM 989207105 353 7,500 SH SOLE 7,500
ZIMMER HLDGS INC COM COM 98956P102 8 100 SH SOLE 100
AMDOCS LTD ORD COM G02602103 1,508 41,600 SH SOLE 41,600
ACCENTURE PLC IRELAND SHS CLASS A COM G1151C101 167 2,200 SH SOLE 2,200
ICON PLC ORD SHS COM G4705A100 6 200 SH SOLE 200
JAZZ PHARMACEUTICALS INC COM COM G50871105 277 4,952 SH SOLE 4,952
LAZARD LTD SHS A COM G54050102 239 7,000 SH SOLE 7,000
MARVELL TECHNOLOGY GROUP LTD ORD COM G5876H105 263 24,900 SH SOLE 24,900
RENAISSANCERE HOLDINGS LTD COM COM G7496G103 248 2,700 SH SOLE 2,700
SEAGATE TECHNOLOGY SHS COM G7945M107 428 11,700 SH SOLE 11,700
WARNER CHILCOTT LTD CL A COM G94368100 334 24,650 SH SOLE 24,650
LYONDELLBASELL INDUSTRIES N SHS - A - COM N53745100 247 3,900 SH SOLE 3,900