Historical Stock Holdings

Meridian Contrarian Fund

PeriodPortfolio ValueTop 20 holdings history (left to right)
2023   Q4$570 M FCNCA
First Citizens Bancshares
3.11% of portfolio
 		VICI
VICI Properties Inc.
2.95% of portfolio
 		TAP
Molson Coors Beverage Co.
2.89% of portfolio
 		PRGO
Perrigo Co.
2.89% of portfolio
 		CCJ
Cameco Corp.
2.87% of portfolio
 		ALEX
Alexander & Baldwin
2.70% of portfolio
 		SGH
SMART Global Holdings
2.69% of portfolio
 		THC
Tenet Healthcare Corp.
2.68% of portfolio
 		CACI
CACI International Inc.
2.67% of portfolio
 		CRC
California Resources Corp.
2.67% of portfolio
 		BEPC
Brookfield Renewable Corp.
2.62% of portfolio
 		DBRG
DigitalBridge Group Inc.
2.60% of portfolio
 		CARS
Cars.com Inc.
2.53% of portfolio
 		AMD
Advanced Micro Devices
2.51% of portfolio
 		AXS
Axis Capital Holdings Ltd.
2.28% of portfolio
 		LHX
L3Harris Technologies Inc.
2.22% of portfolio
 		TRMB
Trimble Inc.
2.13% of portfolio
 		BOWL
Bowlero Corp.
1.94% of portfolio
 		BWXT
BWX Technologies Inc.
1.93% of portfolio
 		RAMP
LiveRamp Holdings Inc.
1.90% of portfolio
2023   Q3$525 M FCNCA
First Citizens Bancshares
4.15% of portfolio
 		CCJ
Cameco Corp.
4.09% of portfolio
 		CACI
CACI International Inc.
3.88% of portfolio
 		TAP
Molson Coors Beverage Co.
3.26% of portfolio
 		SGH
SMART Global Holdings
2.91% of portfolio
 		DBRG
DigitalBridge Group Inc.
2.83% of portfolio
 		PRGO
Perrigo Co.
2.77% of portfolio
 		VICI
VICI Properties Inc.
2.70% of portfolio
 		ALEX
Alexander & Baldwin
2.48% of portfolio
 		TRMB
Trimble Inc.
2.44% of portfolio
 		CARS
Cars.com Inc.
2.43% of portfolio
 		CRC
California Resources Corp.
2.42% of portfolio
 		LEGN
Legend Biotech Corp.
2.40% of portfolio
 		AMD
Advanced Micro Devices
2.31% of portfolio
 		APA
APA Corp.
2.22% of portfolio
 		CCK
Crown Holdings
2.22% of portfolio
 		APTV
Aptiv PLC
2.20% of portfolio
 		AXS
Axis Capital Holdings Ltd.
2.12% of portfolio
 		THC
Tenet Healthcare Corp.
2.03% of portfolio
 		TCBI
Texas Capital Bancshares
1.79% of portfolio
2023   Q2$564 M CACI
CACI International Inc.
3.93% of portfolio
 		FCNCA
First Citizens Bancshares
3.83% of portfolio
 		VICI
VICI Properties Inc.
3.21% of portfolio
 		TAP
Molson Coors Beverage Co.
3.12% of portfolio
 		CCJ
Cameco Corp.
3.01% of portfolio
 		SGH
SMART Global Holdings
2.92% of portfolio
 		CARS
Cars.com Inc.
2.90% of portfolio
 		AMD
Advanced Micro Devices
2.77% of portfolio
 		PRGO
Perrigo Co.
2.64% of portfolio
 		JNPR
Juniper Networks
2.60% of portfolio
 		ALEX
Alexander & Baldwin
2.47% of portfolio
 		THC
Tenet Healthcare Corp.
2.34% of portfolio
 		LEGN
Legend Biotech Corp.
2.30% of portfolio
 		DBRG
DigitalBridge Group Inc.
2.27% of portfolio
 		TRMB
Trimble Inc.
2.24% of portfolio
 		QDEL
QuidelOrtho Corp.
2.16% of portfolio
 		APTV
Aptiv PLC
2.12% of portfolio
 		AGR
Avangrid Inc.
2.07% of portfolio
 		BEPC
Brookfield Renewable Corp.
2.07% of portfolio
 		CNHI
CNH Industrial NV
1.87% of portfolio
2023   Q1$546 M CACI
CACI International Inc.
3.53% of portfolio
 		FCNCA
First Citizens Bancshares
3.44% of portfolio
 		VICI
VICI Properties Inc.
3.43% of portfolio
 		AMD
Advanced Micro Devices
3.10% of portfolio
 		JNPR
Juniper Networks
2.95% of portfolio
 		CARS
Cars.com Inc.
2.92% of portfolio
 		PRGO
Perrigo Co.
2.88% of portfolio
 		TAP
Molson Coors Beverage Co.
2.78% of portfolio
 		ALEX
Alexander & Baldwin
2.59% of portfolio
 		CCJ
Cameco Corp.
2.47% of portfolio
 		APTV
Aptiv PLC
2.40% of portfolio
 		QDEL
QuidelOrtho Corp.
2.40% of portfolio
 		TRMB
Trimble Inc.
2.29% of portfolio
 		BEPC
Brookfield Renewable Corp.
2.28% of portfolio
 		BOWL
Bowlero Corp.
2.27% of portfolio
 		TTC
Toro Co.
2.06% of portfolio
 		CNHI
CNH Industrial NV
1.92% of portfolio
 		DBRG
DigitalBridge Group Inc.
1.91% of portfolio
 		AGR
Avangrid Inc.
1.88% of portfolio
 		ROG
Rogers Corp.
1.80% of portfolio
2022   Q4$539 M CACI
CACI International Inc.
3.62% of portfolio
 		VICI
VICI Properties Inc.
3.45% of portfolio
 		FCNCA
First Citizens Bancshares
3.33% of portfolio
 		AIG
American International Group
2.87% of portfolio
 		TAP
Molson Coors Beverage Co.
2.81% of portfolio
 		JNPR
Juniper Networks
2.77% of portfolio
 		AGR
Avangrid Inc.
2.66% of portfolio
 		ALEX
Alexander & Baldwin
2.51% of portfolio
 		TRMB
Trimble Inc.
2.23% of portfolio
 		AMD
Advanced Micro Devices
2.20% of portfolio
 		APTV
Aptiv PLC
2.19% of portfolio
 		FIBK
First Interstate Bancsystem Inc.
2.19% of portfolio
 		CCJ
Cameco Corp.
2.17% of portfolio
 		NEM
Newmont Corp.
2.12% of portfolio
 		AXS
Axis Capital Holdings Ltd.
2.12% of portfolio
 		TTC
Toro Co.
2.12% of portfolio
 		APA
APA Corp.
2.12% of portfolio
 		CARS
Cars.com Inc.
2.11% of portfolio
 		CNHI
CNH Industrial NV
2.05% of portfolio
 		GFS
GlobalFoundries Inc.
2.00% of portfolio
2022   Q3$497 M ACHC
Acadia Healthcare Co.
4.64% of portfolio
 		FCNCA
First Citizens Bancshares
3.80% of portfolio
 		AXS
Axis Capital Holdings Ltd.
3.75% of portfolio
 		CACI
CACI International Inc.
3.67% of portfolio
 		VICI
VICI Properties Inc.
3.45% of portfolio
 		SGH
SMART Global Holdings
2.70% of portfolio
 		BEPC
Brookfield Renewable Corp.
2.56% of portfolio
 		TAP
Molson Coors Beverage Co.
2.54% of portfolio
 		FIBK
First Interstate Bancsystem Inc.
2.47% of portfolio
 		ALEX
Alexander & Baldwin
2.41% of portfolio
 		UHAL
U-Haul Holding Co.
2.36% of portfolio
 		PRGO
Perrigo Co.
2.35% of portfolio
 		JNPR
Juniper Networks
2.26% of portfolio
 		AGR
Avangrid Inc.
2.16% of portfolio
 		CHNG-OLD
Change Healthcare Inc.
2.13% of portfolio
 		ALE
ALLETE Inc.
2.10% of portfolio
 		CMA
Comerica Inc.
1.97% of portfolio
 		AIG
American International Group
1.97% of portfolio
 		NTST
Netstreit Corp.
1.94% of portfolio
 		GFS
GlobalFoundries Inc.
1.94% of portfolio
2022   Q2$516 M AXS
Axis Capital Holdings Ltd.
4.19% of portfolio
 		ACHC
Acadia Healthcare Co.
3.87% of portfolio
 		CACI
CACI International Inc.
3.82% of portfolio
 		VICI
VICI Properties Inc.
3.32% of portfolio
 		CHNG-OLD
Change Healthcare Inc.
3.11% of portfolio
 		FCNCA
First Citizens Bancshares
3.00% of portfolio
 		SGH
SMART Global Holdings
2.85% of portfolio
 		PLAB
Photronics Inc.
2.70% of portfolio
 		TAP
Molson Coors Beverage Co.
2.67% of portfolio
 		DRVN
Driven Brands Holdings Inc.
2.60% of portfolio
 		ALEX
Alexander & Baldwin
2.52% of portfolio
 		DBRG
DigitalBridge Group Inc.
2.47% of portfolio
 		JNPR
Juniper Networks
2.38% of portfolio
 		FIBK
First Interstate Bancsystem Inc.
2.25% of portfolio
 		UHAL
U-Haul Holding Co.
2.13% of portfolio
 		ALE
ALLETE Inc.
2.10% of portfolio
 		AIG
American International Group
2.04% of portfolio
 		AGR
Avangrid Inc.
2.03% of portfolio
 		NTST
Netstreit Corp.
1.98% of portfolio
 		CMA
Comerica Inc.
1.96% of portfolio
2022   Q1$638 M AXS
Axis Capital Holdings Ltd.
3.59% of portfolio
 		SGH
SMART Global Holdings
3.45% of portfolio
 		CACI
CACI International Inc.
3.31% of portfolio
 		ACHC
Acadia Healthcare Co.
3.24% of portfolio
 		JNPR
Juniper Networks
3.00% of portfolio
 		DBRG
DigitalBridge Group Inc.
2.83% of portfolio
 		ALEX
Alexander & Baldwin
2.63% of portfolio
 		USB
U.S. Bancorp
2.58% of portfolio
 		VICI
VICI Properties Inc.
2.57% of portfolio
 		CMA
Comerica Inc.
2.52% of portfolio
 		CHNG-OLD
Change Healthcare Inc.
2.38% of portfolio
 		UNVR-OLD
Univar Solutions Inc.
2.33% of portfolio
 		MATX
Matson Inc.
2.27% of portfolio
 		OLN
Olin Corp.
2.23% of portfolio
 		MU
Micron Technology Inc.
2.16% of portfolio
 		UHAL
U-Haul Holding Co.
2.15% of portfolio
 		AIG
American International Group
2.03% of portfolio
 		NWL
Newell Brands Inc.
1.99% of portfolio
 		ON
ON Semiconductor Corp.
1.95% of portfolio
 		TAP
Molson Coors Beverage Co.
1.95% of portfolio
2021   Q4$687 M SGH
SMART Global Holdings
4.09% of portfolio
 		CNHI
CNH Industrial NV
3.38% of portfolio
 		DBRG
DigitalBridge Group Inc.
3.04% of portfolio
 		AXS
Axis Capital Holdings Ltd.
2.90% of portfolio
 		JNPR
Juniper Networks
2.83% of portfolio
 		FHN
First Horizon Corp.
2.68% of portfolio
 		ALEX
Alexander & Baldwin
2.54% of portfolio
 		USB
U.S. Bancorp
2.53% of portfolio
 		ACHC
Acadia Healthcare Co.
2.47% of portfolio
 		UHAL
U-Haul Holding Co.
2.43% of portfolio
 		VICI
VICI Properties Inc.
2.40% of portfolio
 		MU
Micron Technology Inc.
2.40% of portfolio
 		ON
ON Semiconductor Corp.
2.39% of portfolio
 		CMA
Comerica Inc.
2.25% of portfolio
 		APG
APi Group Corp.
2.22% of portfolio
 		CHNG-OLD
Change Healthcare Inc.
2.16% of portfolio
 		DRVN
Driven Brands Holdings Inc.
2.14% of portfolio
 		OLN
Olin Corp.
2.13% of portfolio
 		AMD
Advanced Micro Devices
2.09% of portfolio
 		AIG
American International Group
2.04% of portfolio
2021   Q3$690 M CNHI
CNH Industrial NV
2.87% of portfolio
 		CVA
Covanta Holding Corp.
2.80% of portfolio
 		DBRG
DigitalBridge Group Inc.
2.71% of portfolio
 		SGH
SMART Global Holdings
2.68% of portfolio
 		ACHC
Acadia Healthcare Co.
2.59% of portfolio
 		ALEX
Alexander & Baldwin
2.36% of portfolio
 		VICI
VICI Properties Inc.
2.26% of portfolio
 		ON
ON Semiconductor Corp.
2.23% of portfolio
 		AXS
Axis Capital Holdings Ltd.
2.22% of portfolio
 		FHN
First Horizon Corp.
2.20% of portfolio
 		USB
U.S. Bancorp
2.16% of portfolio
 		UHAL
U-Haul Holding Co.
2.15% of portfolio
 		JNPR
Juniper Networks
2.00% of portfolio
 		MATX
Matson Inc.
1.99% of portfolio
 		NWL
Newell Brands Inc.
1.99% of portfolio
 		OLN
Olin Corp.
1.97% of portfolio
 		CACI
CACI International Inc.
1.90% of portfolio
 		AIG
American International Group
1.85% of portfolio
 		CHNG-OLD
Change Healthcare Inc.
1.84% of portfolio
 		DRVN
Driven Brands Holdings Inc.
1.84% of portfolio
2021   Q2$716 M DBRG
DigitalBridge Group Inc.
3.43% of portfolio
 		ACHC
Acadia Healthcare Co.
3.20% of portfolio
 		VICI
VICI Properties Inc.
2.38% of portfolio
 		NWL
Newell Brands Inc.
2.38% of portfolio
 		SGH
SMART Global Holdings
2.37% of portfolio
 		CVA
Covanta Holding Corp.
2.36% of portfolio
 		THS
TreeHouse Foods
2.35% of portfolio
 		CNHI
CNH Industrial NV
2.27% of portfolio
 		FHN
First Horizon Corp.
2.25% of portfolio
 		TDS
Telephone & Data Systems
2.22% of portfolio
 		AXS
Axis Capital Holdings Ltd.
2.13% of portfolio
 		WFC
Wells Fargo
2.07% of portfolio
 		AIG
American International Group
2.04% of portfolio
 		SABR
Sabre Corp.
1.97% of portfolio
 		LEA
Lear Corp.
1.91% of portfolio
 		JNPR
Juniper Networks
1.91% of portfolio
 		UHAL
U-Haul Holding Co.
1.89% of portfolio
 		DRVN
Driven Brands Holdings Inc.
1.89% of portfolio
 		SBH
Sally Beauty Holdings
1.88% of portfolio
 		USB
U.S. Bancorp
1.84% of portfolio
2021   Q1$686 M THS
TreeHouse Foods
3.26% of portfolio
 		ACHC
Acadia Healthcare Co.
3.04% of portfolio
 		WBT-OLD
Welbilt Inc.
2.96% of portfolio
 		DBRG
DigitalBridge Group Inc.
2.94% of portfolio
 		AIG
American International Group
2.58% of portfolio
 		NWL
Newell Brands Inc.
2.42% of portfolio
 		UHAL
U-Haul Holding Co.
2.41% of portfolio
 		VICI
VICI Properties Inc.
2.36% of portfolio
 		FHN
First Horizon Corp.
2.30% of portfolio
 		AXS
Axis Capital Holdings Ltd.
2.25% of portfolio
 		CNHI
CNH Industrial NV
2.12% of portfolio
 		WFC
Wells Fargo
2.10% of portfolio
 		SBH
Sally Beauty Holdings
2.08% of portfolio
 		LEA
Lear Corp.
2.06% of portfolio
 		SGH
SMART Global Holdings
2.05% of portfolio
 		TDS
Telephone & Data Systems
2.05% of portfolio
 		ON
ON Semiconductor Corp.
2.04% of portfolio
 		USB
U.S. Bancorp
1.95% of portfolio
 		SABR
Sabre Corp.
1.93% of portfolio
 		AGR
Avangrid Inc.
1.86% of portfolio
2020   Q4$600 M THS
TreeHouse Foods
4.17% of portfolio
 		ACHC
Acadia Healthcare Co.
3.17% of portfolio
 		WBT-OLD
Welbilt Inc.
2.75% of portfolio
 		VICI
VICI Properties Inc.
2.65% of portfolio
 		DBRG
DigitalBridge Group Inc.
2.49% of portfolio
 		AIG
American International Group
2.42% of portfolio
 		AXS
Axis Capital Holdings Ltd.
2.34% of portfolio
 		PRGO
Perrigo Co.
2.12% of portfolio
 		NWL
Newell Brands Inc.
2.10% of portfolio
 		CACI
CACI International Inc.
2.08% of portfolio
 		LEA
Lear Corp.
2.07% of portfolio
 		MU
Micron Technology Inc.
2.06% of portfolio
 		UHAL
U-Haul Holding Co.
2.04% of portfolio
 		AGR
Avangrid Inc.
2.01% of portfolio
 		CNHI
CNH Industrial NV
1.99% of portfolio
 		HUN
Huntsman Corp.
1.93% of portfolio
 		SGH
SMART Global Holdings
1.91% of portfolio
 		WFC
Wells Fargo
1.85% of portfolio
 		ON
ON Semiconductor Corp.
1.83% of portfolio
 		FHN
First Horizon Corp.
1.81% of portfolio
2020   Q3$489 M THS
TreeHouse Foods
4.02% of portfolio
 		VICI
VICI Properties Inc.
3.66% of portfolio
 		BEPC
Brookfield Renewable Corp.
2.92% of portfolio
 		ACHC
Acadia Healthcare Co.
2.70% of portfolio
 		CACI
CACI International Inc.
2.31% of portfolio
 		AGR
Avangrid Inc.
2.11% of portfolio
 		ON
ON Semiconductor Corp.
2.10% of portfolio
 		MU
Micron Technology Inc.
2.10% of portfolio
 		HUN
Huntsman Corp.
2.09% of portfolio
 		AIG
American International Group
2.07% of portfolio
 		VRNT
Verint Systems Inc.
2.05% of portfolio
 		IMMU
Immunomedics Inc.
2.03% of portfolio
 		UHAL
U-Haul Holding Co.
1.97% of portfolio
 		NUAN-OLD
Nuance Communications Inc.
1.97% of portfolio
 		NEM
Newmont Corp.
1.92% of portfolio
 		MATX
Matson Inc.
1.90% of portfolio
 		NFG
National Fuel Gas
1.86% of portfolio
 		DOC-OLD
Physicians Realty Trust
1.86% of portfolio
 		WMS
Advanced Drainage Systems
1.78% of portfolio
 		TRMB
Trimble Inc.
1.72% of portfolio
2020   Q2$461 M THS
TreeHouse Foods
3.85% of portfolio
 		VICI
VICI Properties Inc.
3.81% of portfolio
 		SBNY
Signature Bank
3.08% of portfolio
 		CFG
Citizens Financial Group Inc.
2.64% of portfolio
 		TERP
TerraForm Power Inc.
2.58% of portfolio
 		CACI
CACI International Inc.
2.49% of portfolio
 		PRGO
Perrigo Co.
2.42% of portfolio
 		NUAN-OLD
Nuance Communications Inc.
2.34% of portfolio
 		ACHC
Acadia Healthcare Co.
2.25% of portfolio
 		KW
Kennedy-Wilson Holdings Inc.
2.23% of portfolio
 		SEIC
SEI Investments
2.16% of portfolio
 		VRNT
Verint Systems Inc.
2.14% of portfolio
 		NEM
Newmont Corp.
2.11% of portfolio
 		WMS
Advanced Drainage Systems
2.09% of portfolio
 		CRNC
Cerence Inc.
2.01% of portfolio
 		PENN
Penn National Gaming Inc.
2.01% of portfolio
 		AIG
American International Group
1.97% of portfolio
 		SKX
Skechers U.S.A. Inc.
1.96% of portfolio
 		DOC-OLD
Physicians Realty Trust
1.93% of portfolio
 		AMD
Advanced Micro Devices
1.87% of portfolio
2020   Q1$370 M THS
TreeHouse Foods
4.68% of portfolio
 		VICI
VICI Properties Inc.
3.87% of portfolio
 		NEM
Newmont Corp.
3.44% of portfolio
 		TERP
TerraForm Power Inc.
3.36% of portfolio
 		CACI
CACI International Inc.
3.20% of portfolio
 		SEIC
SEI Investments
3.15% of portfolio
 		AMD
Advanced Micro Devices
3.04% of portfolio
 		PRGO
Perrigo Co.
2.91% of portfolio
 		NUAN-OLD
Nuance Communications Inc.
2.75% of portfolio
 		KW
Kennedy-Wilson Holdings Inc.
2.72% of portfolio
 		VRNT
Verint Systems Inc.
2.65% of portfolio
 		WMS
Advanced Drainage Systems
2.58% of portfolio
 		MATX
Matson Inc.
2.45% of portfolio
 		SWCH-OLD
Switch Inc.
2.44% of portfolio
 		AIZ
Assurant Inc.
2.34% of portfolio
 		CFG
Citizens Financial Group Inc.
2.20% of portfolio
 		CSL
Carlisle Companies
2.10% of portfolio
 		AGR
Avangrid Inc.
2.10% of portfolio
 		NOMD
Nomad Foods Ltd
2.00% of portfolio
 		SRCL
Stericycle Inc.
1.93% of portfolio
2019   Q4$549 M VICI
VICI Properties Inc.
3.70% of portfolio
 		TERP
TerraForm Power Inc.
3.09% of portfolio
 		KW
Kennedy-Wilson Holdings Inc.
3.04% of portfolio
 		SEIC
SEI Investments
2.99% of portfolio
 		THS
TreeHouse Foods
2.91% of portfolio
 		NUAN-OLD
Nuance Communications Inc.
2.85% of portfolio
 		CFG
Citizens Financial Group Inc.
2.82% of portfolio
 		GPK
Graphic Packaging Hldg Co.
2.73% of portfolio
 		AMD
Advanced Micro Devices
2.42% of portfolio
 		PENN
Penn National Gaming Inc.
2.31% of portfolio
 		VRNT
Verint Systems Inc.
2.30% of portfolio
 		SKX
Skechers U.S.A. Inc.
2.27% of portfolio
 		AIG
American International Group
2.25% of portfolio
 		NEM
Newmont Corp.
2.22% of portfolio
 		MATX
Matson Inc.
2.21% of portfolio
 		PII
Polaris Inc.
2.20% of portfolio
 		CSL
Carlisle Companies
2.12% of portfolio
 		MNDT-OLD
Mandiant Inc.
2.06% of portfolio
 		AIZ
Assurant Inc.
1.98% of portfolio
 		STT
State Street Corp.
1.92% of portfolio
2019   Q3$526 M VICI
VICI Properties Inc.
3.43% of portfolio
 		NUAN-OLD
Nuance Communications Inc.
3.18% of portfolio
 		THS
TreeHouse Foods
3.15% of portfolio
 		GIL
Gildan Activewear Inc.
3.13% of portfolio
 		KW
Kennedy-Wilson Holdings Inc.
3.12% of portfolio
 		SEIC
SEI Investments
2.83% of portfolio
 		ABM
ABM Industries
2.67% of portfolio
 		AIG
American International Group
2.66% of portfolio
 		CSL
Carlisle Companies
2.63% of portfolio
 		TERP
TerraForm Power Inc.
2.58% of portfolio
 		GPK
Graphic Packaging Hldg Co.
2.53% of portfolio
 		NEM
Newmont Corp.
2.50% of portfolio
 		SKX
Skechers U.S.A. Inc.
2.37% of portfolio
 		CVA
Covanta Holding Corp.
2.32% of portfolio
 		VRNT
Verint Systems Inc.
2.31% of portfolio
 		BOH
Bank of Hawaii Corp.
2.30% of portfolio
 		CFG
Citizens Financial Group Inc.
2.28% of portfolio
 		LOGM
LogMeIn Inc.
2.21% of portfolio
 		MATX
Matson Inc.
2.08% of portfolio
 		AMD
Advanced Micro Devices
1.99% of portfolio
2019   Q2$542 M GPK
Graphic Packaging Hldg Co.
3.58% of portfolio
 		NOMD
Nomad Foods Ltd
3.36% of portfolio
 		VICI
VICI Properties Inc.
2.99% of portfolio
 		VRNT
Verint Systems Inc.
2.92% of portfolio
 		AIG
American International Group
2.87% of portfolio
 		GIL
Gildan Activewear Inc.
2.62% of portfolio
 		NUAN-OLD
Nuance Communications Inc.
2.61% of portfolio
 		NEM
Newmont Corp.
2.53% of portfolio
 		SKX
Skechers U.S.A. Inc.
2.51% of portfolio
 		KW
Kennedy-Wilson Holdings Inc.
2.50% of portfolio
 		CSL
Carlisle Companies
2.46% of portfolio
 		CACI
CACI International Inc.
2.44% of portfolio
 		ABM
ABM Industries
2.42% of portfolio
 		GWR
Genesee & Wyoming Inc.
2.25% of portfolio
 		EAT
Brinker International
2.25% of portfolio
 		CVA
Covanta Holding Corp.
2.24% of portfolio
 		MNDT-OLD
Mandiant Inc.
2.23% of portfolio
 		CFG
Citizens Financial Group Inc.
2.21% of portfolio
 		BOH
Bank of Hawaii Corp.
2.16% of portfolio
 		MSFT
Microsoft Corp.
2.09% of portfolio
2019   Q1$562 M GPK
Graphic Packaging Hldg Co.
3.69% of portfolio
 		VRNT
Verint Systems Inc.
3.59% of portfolio
 		NOMD
Nomad Foods Ltd
3.11% of portfolio
 		IRDM
Iridium Communications Inc.
2.97% of portfolio
 		KW
Kennedy-Wilson Holdings Inc.
2.44% of portfolio
 		EAT
Brinker International
2.41% of portfolio
 		SKX
Skechers U.S.A. Inc.
2.41% of portfolio
 		MNDT-OLD
Mandiant Inc.
2.40% of portfolio
 		CACI
CACI International Inc.
2.36% of portfolio
 		NUAN-OLD
Nuance Communications Inc.
2.32% of portfolio
 		VICI
VICI Properties Inc.
2.30% of portfolio
 		UMPQ-OLD
Umpqua Holdings Corp.
2.24% of portfolio
 		MSFT
Microsoft Corp.
2.20% of portfolio
 		OAK
Oaktree Capital Group LLC Cl A
2.20% of portfolio
 		KSS
Kohl's Corp.
2.18% of portfolio
 		NEM
Newmont Corp.
2.17% of portfolio
 		NTR
Nutrien Ltd.
2.15% of portfolio
 		GWR
Genesee & Wyoming Inc.
2.13% of portfolio
 		SYNA
Synaptics Inc.
2.08% of portfolio
 		CSL
Carlisle Companies
2.07% of portfolio
2018   Q4$505 M GPK
Graphic Packaging Hldg Co.
3.50% of portfolio
 		CVS
CVS Health Corp.
3.41% of portfolio
 		NOMD
Nomad Foods Ltd
2.83% of portfolio
 		VRNT
Verint Systems Inc.
2.82% of portfolio
 		EAT
Brinker International
2.66% of portfolio
 		MNDT-OLD
Mandiant Inc.
2.58% of portfolio
 		UMPQ-OLD
Umpqua Holdings Corp.
2.56% of portfolio
 		KSS
Kohl's Corp.
2.55% of portfolio
 		NTR
Nutrien Ltd.
2.52% of portfolio
 		IRDM
Iridium Communications Inc.
2.49% of portfolio
 		BOH
Bank of Hawaii Corp.
2.48% of portfolio
 		MSFT
Microsoft Corp.
2.47% of portfolio
 		NEM
Newmont Corp.
2.34% of portfolio
 		SYNA
Synaptics Inc.
2.24% of portfolio
 		KW
Kennedy-Wilson Holdings Inc.
2.23% of portfolio
 		CFG
Citizens Financial Group Inc.
2.23% of portfolio
 		VICI
VICI Properties Inc.
2.08% of portfolio
 		CACI
CACI International Inc.
2.08% of portfolio
 		CELG
Celgene Corp.
2.02% of portfolio
 		GWR
Genesee & Wyoming Inc.
2.01% of portfolio
2018   Q3$646 M GPK
Graphic Packaging Hldg Co.
3.17% of portfolio
 		IRDM
Iridium Communications Inc.
3.11% of portfolio
 		MNDT-OLD
Mandiant Inc.
2.79% of portfolio
 		NOMD
Nomad Foods Ltd
2.68% of portfolio
 		UMPQ-OLD
Umpqua Holdings Corp.
2.55% of portfolio
 		VRNT
Verint Systems Inc.
2.54% of portfolio
 		BOH
Bank of Hawaii Corp.
2.39% of portfolio
 		CFG
Citizens Financial Group Inc.
2.39% of portfolio
 		AMD
Advanced Micro Devices
2.36% of portfolio
 		ALEX
Alexander & Baldwin
2.24% of portfolio
 		KSS
Kohl's Corp.
2.24% of portfolio
 		CVS
CVS Health Corp.
2.23% of portfolio
 		EAT
Brinker International
2.21% of portfolio
 		GWR
Genesee & Wyoming Inc.
2.21% of portfolio
 		LGF.B
Lions Gate Ent. Corp. CL B
2.19% of portfolio
 		MSFT
Microsoft Corp.
2.17% of portfolio
 		TTE
TotalEnergies SE
2.14% of portfolio
 		NTR
Nutrien Ltd.
2.11% of portfolio
 		RAMP
LiveRamp Holdings Inc.
2.09% of portfolio
 		CACI
CACI International Inc.
2.08% of portfolio
2018   Q2$636 M GPK
Graphic Packaging Hldg Co.
3.06% of portfolio
 		NOMD
Nomad Foods Ltd
2.94% of portfolio
 		VRNT
Verint Systems Inc.
2.84% of portfolio
 		UMPQ-OLD
Umpqua Holdings Corp.
2.81% of portfolio
 		IRDM
Iridium Communications Inc.
2.57% of portfolio
 		BOH
Bank of Hawaii Corp.
2.57% of portfolio
 		ALEX
Alexander & Baldwin
2.51% of portfolio
 		MNDT-OLD
Mandiant Inc.
2.38% of portfolio
 		EAT
Brinker International
2.28% of portfolio
 		KSS
Kohl's Corp.
2.23% of portfolio
 		CACI
CACI International Inc.
2.20% of portfolio
 		MSFT
Microsoft Corp.
2.11% of portfolio
 		TTE
TotalEnergies SE
2.05% of portfolio
 		CFG
Citizens Financial Group Inc.
2.05% of portfolio
 		RYN
Rayonier Inc.
2.05% of portfolio
 		NTR
Nutrien Ltd.
2.02% of portfolio
 		GWR
Genesee & Wyoming Inc.
2.01% of portfolio
 		ACXM
Acxiom Corp.
1.99% of portfolio
 		LGF.B
Lions Gate Ent. Corp. CL B
1.97% of portfolio
 		NEM
Newmont Corp.
1.93% of portfolio
2018   Q1$610 M NKTR
Nektar Therapeutics
3.43% of portfolio
 		GPK
Graphic Packaging Hldg Co.
3.07% of portfolio
 		XYL
Xylem Inc.
2.92% of portfolio
 		VRNT
Verint Systems Inc.
2.91% of portfolio
 		UMPQ-OLD
Umpqua Holdings Corp.
2.77% of portfolio
 		CFG
Citizens Financial Group Inc.
2.72% of portfolio
 		MNDT-OLD
Mandiant Inc.
2.72% of portfolio
 		CELG
Celgene Corp.
2.59% of portfolio
 		ALEX
Alexander & Baldwin
2.57% of portfolio
 		MSFT
Microsoft Corp.
2.51% of portfolio
 		NOMD
Nomad Foods Ltd
2.51% of portfolio
 		TTE
TotalEnergies SE
2.42% of portfolio
 		MU
Micron Technology Inc.
2.41% of portfolio
 		CACI
CACI International Inc.
2.20% of portfolio
 		LGF.B
Lions Gate Ent. Corp. CL B
2.11% of portfolio
 		OI
O-I Glass Inc.
2.10% of portfolio
 		NEM
Newmont Corp.
2.09% of portfolio
 		KSS
Kohl's Corp.
2.08% of portfolio
 		RYN
Rayonier Inc.
1.94% of portfolio
 		HEES
H&E Equipment Services
1.86% of portfolio
2017   Q4$613 M NKTR
Nektar Therapeutics
4.19% of portfolio
 		MSFT
Microsoft Corp.
3.76% of portfolio
 		EOG
EOG Resources
3.34% of portfolio
 		XYL
Xylem Inc.
2.86% of portfolio
 		VRNT
Verint Systems Inc.
2.85% of portfolio
 		NOMD
Nomad Foods Ltd
2.83% of portfolio
 		LGF.B
Lions Gate Ent. Corp. CL B
2.77% of portfolio
 		GPK
Graphic Packaging Hldg Co.
2.73% of portfolio
 		CFG
Citizens Financial Group Inc.
2.71% of portfolio
 		UMPQ-OLD
Umpqua Holdings Corp.
2.68% of portfolio
 		TTE
TotalEnergies SE
2.67% of portfolio
 		CELG
Celgene Corp.
2.64% of portfolio
 		CACI
CACI International Inc.
2.18% of portfolio
 		DEO
Diageo ADR
2.11% of portfolio
 		RYN
Rayonier Inc.
2.10% of portfolio
 		MU
Micron Technology Inc.
2.09% of portfolio
 		AAPL
Apple Inc.
2.07% of portfolio
 		ALEX
Alexander & Baldwin
2.02% of portfolio
 		NEM
Newmont Corp.
2.00% of portfolio
 		AGU
Agrium Inc.
1.98% of portfolio
2017   Q3$580 M MSFT
Microsoft Corp.
4.17% of portfolio
 		CACI
CACI International Inc.
3.69% of portfolio
 		ALEX
Alexander & Baldwin
3.57% of portfolio
 		CELG
Celgene Corp.
3.37% of portfolio
 		USB
U.S. Bancorp
3.25% of portfolio
 		EOG
EOG Resources
3.16% of portfolio
 		MU
Micron Technology Inc.
3.05% of portfolio
 		VRNT
Verint Systems Inc.
3.01% of portfolio
 		XYL
Xylem Inc.
2.88% of portfolio
 		TTE
TotalEnergies SE
2.73% of portfolio
 		NOMD
Nomad Foods Ltd
2.57% of portfolio
 		AAPL
Apple Inc.
2.50% of portfolio
 		OI
O-I Glass Inc.
2.13% of portfolio
 		NEM
Newmont Corp.
2.11% of portfolio
 		RYN
Rayonier Inc.
2.02% of portfolio
 		DEO
Diageo ADR
2.01% of portfolio
 		HEES
H&E Equipment Services
1.97% of portfolio
 		SUM
Summit Materials Inc.
1.94% of portfolio
 		AGU
Agrium Inc.
1.92% of portfolio
 		NKTR
Nektar Therapeutics
1.90% of portfolio
2017   Q2$540 M MSFT
Microsoft Corp.
4.34% of portfolio
 		CACI
CACI International Inc.
3.56% of portfolio
 		ALEX
Alexander & Baldwin
3.42% of portfolio
 		USB
U.S. Bancorp
3.38% of portfolio
 		XYL
Xylem Inc.
3.25% of portfolio
 		CELG
Celgene Corp.
3.22% of portfolio
 		EOG
EOG Resources
3.18% of portfolio
 		AAPL
Apple Inc.
3.17% of portfolio
 		VRNT
Verint Systems Inc.
3.14% of portfolio
 		TTE
TotalEnergies SE
2.72% of portfolio
 		NOMD
Nomad Foods Ltd
2.67% of portfolio
 		MU
Micron Technology Inc.
2.49% of portfolio
 		LVS
Las Vegas Sands Corp.
2.36% of portfolio
 		OI
O-I Glass Inc.
2.27% of portfolio
 		RYN
Rayonier Inc.
2.16% of portfolio
 		ENS
EnerSys
2.12% of portfolio
 		DEO
Diageo ADR
1.96% of portfolio
 		IRDM
Iridium Communications Inc.
1.91% of portfolio
 		NVDA
NVIDIA Corp.
1.89% of portfolio
 		SUM
Summit Materials Inc.
1.88% of portfolio
2017   Q1$523 M MSFT
Microsoft Corp.
4.83% of portfolio
 		AAPL
Apple Inc.
4.01% of portfolio
 		ALEX
Alexander & Baldwin
3.81% of portfolio
 		EOG
EOG Resources
3.54% of portfolio
 		USB
U.S. Bancorp
3.47% of portfolio
 		VRNT
Verint Systems Inc.
3.46% of portfolio
 		CACI
CACI International Inc.
3.45% of portfolio
 		CELG
Celgene Corp.
3.19% of portfolio
 		XYL
Xylem Inc.
3.04% of portfolio
 		TTE
TotalEnergies SE
2.86% of portfolio
 		MLNX
Mellanox Technologies Ltd.
2.72% of portfolio
 		MU
Micron Technology Inc.
2.49% of portfolio
 		LVS
Las Vegas Sands Corp.
2.43% of portfolio
 		RYN
Rayonier Inc.
2.20% of portfolio
 		NOMD
Nomad Foods Ltd
2.18% of portfolio
 		ENS
EnerSys
2.08% of portfolio
 		ACXM
Acxiom Corp.
2.00% of portfolio
 		OI
O-I Glass Inc.
2.00% of portfolio
 		DEO
Diageo ADR
1.96% of portfolio
 		DKS
Dick's Sporting Goods Inc.
1.88% of portfolio
2016   Q4$521 M NVDA
NVIDIA Corp.
6.49% of portfolio
 		MSFT
Microsoft Corp.
4.57% of portfolio
 		CFG
Citizens Financial Group Inc.
4.27% of portfolio
 		ALEX
Alexander & Baldwin
3.85% of portfolio
 		EOG
EOG Resources
3.68% of portfolio
 		CACI
CACI International Inc.
3.67% of portfolio
 		USB
U.S. Bancorp
3.47% of portfolio
 		XYL
Xylem Inc.
3.01% of portfolio
 		TTE
TotalEnergies SE
2.89% of portfolio
 		VRNT
Verint Systems Inc.
2.82% of portfolio
 		CELG
Celgene Corp.
2.69% of portfolio
 		BOH
Bank of Hawaii Corp.
2.48% of portfolio
 		GIL
Gildan Activewear Inc.
2.29% of portfolio
 		LVS
Las Vegas Sands Corp.
2.28% of portfolio
 		MLNX
Mellanox Technologies Ltd.
2.19% of portfolio
 		AAPL
Apple Inc.
2.09% of portfolio
 		ENS
EnerSys
2.04% of portfolio
 		ZBRA
Zebra Technologies Corp.
1.99% of portfolio
 		MU
Micron Technology Inc.
1.90% of portfolio
 		RYN
Rayonier Inc.
1.87% of portfolio
2016   Q3$508 M MSFT
Microsoft Corp.
5.12% of portfolio
 		NVDA
NVIDIA Corp.
4.68% of portfolio
 		XYL
Xylem Inc.
4.01% of portfolio
 		CACI
CACI International Inc.
3.91% of portfolio
 		EOG
EOG Resources
3.62% of portfolio
 		QCOM
QUALCOMM Inc.
3.41% of portfolio
 		ALEX
Alexander & Baldwin
3.23% of portfolio
 		CELG
Celgene Corp.
3.11% of portfolio
 		CFG
Citizens Financial Group Inc.
3.04% of portfolio
 		VRNT
Verint Systems Inc.
2.87% of portfolio
 		GIL
Gildan Activewear Inc.
2.66% of portfolio
 		AAPL
Apple Inc.
2.34% of portfolio
 		TRMB
Trimble Inc.
2.22% of portfolio
 		BOH
Bank of Hawaii Corp.
2.09% of portfolio
 		ENS
EnerSys
2.06% of portfolio
 		OAK
Oaktree Capital Group LLC Cl A
1.96% of portfolio
 		NEM
Newmont Corp.
1.95% of portfolio
 		TTE
TotalEnergies SE
1.92% of portfolio
 		RYN
Rayonier Inc.
1.91% of portfolio
 		ZBRA
Zebra Technologies Corp.
1.84% of portfolio
2016   Q2$500 M MSFT
Microsoft Corp.
4.30% of portfolio
 		CACI
CACI International Inc.
4.06% of portfolio
 		EOG
EOG Resources
3.75% of portfolio
 		XYL
Xylem Inc.
3.55% of portfolio
 		NVDA
NVIDIA Corp.
3.26% of portfolio
 		ALEX
Alexander & Baldwin
3.12% of portfolio
 		CELG
Celgene Corp.
2.98% of portfolio
 		GIL
Gildan Activewear Inc.
2.83% of portfolio
 		QCOM
QUALCOMM Inc.
2.71% of portfolio
 		PLCE
Childrens Place Inc.
2.58% of portfolio
 		TRMB
Trimble Inc.
2.52% of portfolio
 		CFG
Citizens Financial Group Inc.
2.49% of portfolio
 		VRNT
Verint Systems Inc.
2.43% of portfolio
 		RYN
Rayonier Inc.
2.21% of portfolio
 		TTE
TotalEnergies SE
2.20% of portfolio
 		OAK
Oaktree Capital Group LLC Cl A
2.10% of portfolio
 		FRED
Fred's Inc.
2.06% of portfolio
 		BOH
Bank of Hawaii Corp.
2.01% of portfolio
 		BCR
Bard (C.R.) Inc.
2.01% of portfolio
 		NEM
Newmont Corp.
1.97% of portfolio
2016   Q1$506 M CACI
CACI International Inc.
4.74% of portfolio
 		MSFT
Microsoft Corp.
4.58% of portfolio
 		NVDA
NVIDIA Corp.
3.57% of portfolio
 		XYL
Xylem Inc.
3.52% of portfolio
 		EOG
EOG Resources
3.41% of portfolio
 		GIL
Gildan Activewear Inc.
3.15% of portfolio
 		ALEX
Alexander & Baldwin
3.13% of portfolio
 		PLCE
Childrens Place Inc.
2.86% of portfolio
 		TRMB
Trimble Inc.
2.70% of portfolio
 		QCOM
QUALCOMM Inc.
2.56% of portfolio
 		CFG
Citizens Financial Group Inc.
2.41% of portfolio
 		VRNT
Verint Systems Inc.
2.29% of portfolio
 		LKQ
LKQ Corp.
2.25% of portfolio
 		SYF
Synchrony Financial
2.22% of portfolio
 		CELG
Celgene Corp.
2.19% of portfolio
 		BCR
Bard (C.R.) Inc.
2.11% of portfolio
 		RYN
Rayonier Inc.
2.06% of portfolio
 		OAK
Oaktree Capital Group LLC Cl A
2.05% of portfolio
 		DEO
Diageo ADR
1.97% of portfolio
 		BOH
Bank of Hawaii Corp.
1.97% of portfolio
2015   Q4$545 M CACI
CACI International Inc.
3.82% of portfolio
 		MSFT
Microsoft Corp.
3.80% of portfolio
 		LKQ
LKQ Corp.
3.45% of portfolio
 		NVDA
NVIDIA Corp.
3.35% of portfolio
 		EOG
EOG Resources
3.26% of portfolio
 		XYL
Xylem Inc.
2.88% of portfolio
 		ORI
Old Republic International
2.83% of portfolio
 		ALEX
Alexander & Baldwin
2.79% of portfolio
 		GIL
Gildan Activewear Inc.
2.73% of portfolio
 		CELG
Celgene Corp.
2.33% of portfolio
 		QCOM
QUALCOMM Inc.
2.14% of portfolio
 		SYF
Synchrony Financial
2.07% of portfolio
 		CFG
Citizens Financial Group Inc.
2.05% of portfolio
 		CLH
Clean Harbors Inc.
2.02% of portfolio
 		VRNT
Verint Systems Inc.
1.95% of portfolio
 		HOLX
Hologic Inc.
1.92% of portfolio
 		DEO
Diageo ADR
1.85% of portfolio
 		BCR
Bard (C.R.) Inc.
1.83% of portfolio
 		OAK
Oaktree Capital Group LLC Cl A
1.77% of portfolio
 		MDU
MDU Resources
1.77% of portfolio
2015   Q3$538 M NVDA
NVIDIA Corp.
3.33% of portfolio
 		EOG
EOG Resources
3.29% of portfolio
 		LKQ
LKQ Corp.
3.15% of portfolio
 		MSFT
Microsoft Corp.
3.08% of portfolio
 		PFE
Pfizer Inc.
2.90% of portfolio
 		ORI
Old Republic International
2.87% of portfolio
 		DKS
Dick's Sporting Goods Inc.
2.79% of portfolio
 		HOLX
Hologic Inc.
2.69% of portfolio
 		GIL
Gildan Activewear Inc.
2.62% of portfolio
 		CACI
CACI International Inc.
2.48% of portfolio
 		XYL
Xylem Inc.
2.44% of portfolio
 		ALEX
Alexander & Baldwin
2.41% of portfolio
 		PLCE
Childrens Place Inc.
2.34% of portfolio
 		CLH
Clean Harbors Inc.
2.16% of portfolio
 		POWI
Power Integrations Inc.
2.12% of portfolio
 		SYF
Synchrony Financial
2.10% of portfolio
 		BCR
Bard (C.R.) Inc.
1.96% of portfolio
 		VRNT
Verint Systems Inc.
1.94% of portfolio
 		LLTC
Linear Technology Corp.
1.90% of portfolio
 		CFG
Citizens Financial Group Inc.
1.88% of portfolio
2015   Q2$621 M LKQ
LKQ Corp.
2.71% of portfolio
 		PFE
Pfizer Inc.
2.68% of portfolio
 		BOH
Bank of Hawaii Corp.
2.63% of portfolio
 		HOLX
Hologic Inc.
2.54% of portfolio
 		GIL
Gildan Activewear Inc.
2.51% of portfolio
 		MSFT
Microsoft Corp.
2.44% of portfolio
 		NVDA
NVIDIA Corp.
2.36% of portfolio
 		CACI
CACI International Inc.
2.35% of portfolio
 		VRNT
Verint Systems Inc.
2.27% of portfolio
 		ALEX
Alexander & Baldwin
2.11% of portfolio
 		C
Citigroup Inc.
2.09% of portfolio
 		TMX-OLD
Terminix Global Holdings Inc.
2.09% of portfolio
 		ORI
Old Republic International
2.06% of portfolio
 		CLH
Clean Harbors Inc.
2.02% of portfolio
 		CFG
Citizens Financial Group Inc.
1.99% of portfolio
 		OXY
Occidental Petroleum
1.99% of portfolio
 		PLCE
Childrens Place Inc.
1.98% of portfolio
 		BCR
Bard (C.R.) Inc.
1.97% of portfolio
 		XYL
Xylem Inc.
1.85% of portfolio
 		SYF
Synchrony Financial
1.83% of portfolio
2015   Q1$651 M ALEX
Alexander & Baldwin
2.54% of portfolio
 		NSC
Norfolk Southern Corp.
2.52% of portfolio
 		VRNT
Verint Systems Inc.
2.41% of portfolio
 		CACI
CACI International Inc.
2.34% of portfolio
 		NVDA
NVIDIA Corp.
2.34% of portfolio
 		BCR
Bard (C.R.) Inc.
2.23% of portfolio
 		BR
Broadridge Financial Solutions
2.22% of portfolio
 		BOH
Bank of Hawaii Corp.
2.21% of portfolio
 		RAX
Rackspace Hosting Inc.
2.16% of portfolio
 		GIL
Gildan Activewear Inc.
2.12% of portfolio
 		HOLX
Hologic Inc.
2.10% of portfolio
 		CLH
Clean Harbors Inc.
2.03% of portfolio
 		TMX-OLD
Terminix Global Holdings Inc.
1.93% of portfolio
 		PFE
Pfizer Inc.
1.92% of portfolio
 		IPXL
Impax Laboratories Inc.
1.92% of portfolio
 		SYF
Synchrony Financial
1.91% of portfolio
 		C
Citigroup Inc.
1.86% of portfolio
 		PLCE
Childrens Place Inc.
1.85% of portfolio
 		SCSS
Select Comfort Corp.
1.80% of portfolio
 		WWW
Wolverine World Wide
1.78% of portfolio
2014   Q4$640 M NSC
Norfolk Southern Corp.
2.73% of portfolio
 		TMX-OLD
Terminix Global Holdings Inc.
2.51% of portfolio
 		ALEX
Alexander & Baldwin
2.46% of portfolio
 		VRNT
Verint Systems Inc.
2.31% of portfolio
 		NVDA
NVIDIA Corp.
2.28% of portfolio
 		XYL
Xylem Inc.
2.28% of portfolio
 		BCR
Bard (C.R.) Inc.
2.26% of portfolio
 		RBA
Ritchie Bros. Auctioneers Inc.
2.22% of portfolio
 		BR
Broadridge Financial Solutions
2.21% of portfolio
 		CACI
CACI International Inc.
2.16% of portfolio
 		GIL
Gildan Activewear Inc.
2.07% of portfolio
 		C
Citigroup Inc.
1.99% of portfolio
 		INFA
Informatica Corp.
1.97% of portfolio
 		DENN
Denny's Corp.
1.95% of portfolio
 		BOH
Bank of Hawaii Corp.
1.91% of portfolio
 		SYF
Synchrony Financial
1.91% of portfolio
 		SWK
Stanley Black & Decker Inc.
1.89% of portfolio
 		FTNT
Fortinet Inc.
1.80% of portfolio
 		IRDM
Iridium Communications Inc.
1.78% of portfolio
 		AJG
Arthur J. Gallagher & Co.
1.78% of portfolio
2014   Q3$658 M NSC
Norfolk Southern Corp.
2.79% of portfolio
 		XYL
Xylem Inc.
2.65% of portfolio
 		VRNT
Verint Systems Inc.
2.65% of portfolio
 		HE
Hawaiian Electric Industries
2.58% of portfolio
 		GIL
Gildan Activewear Inc.
2.44% of portfolio
 		ALEX
Alexander & Baldwin
2.19% of portfolio
 		OXY
Occidental Petroleum
2.16% of portfolio
 		SMG
Scotts Miracle-Gro Co.
2.14% of portfolio
 		NVDA
NVIDIA Corp.
2.04% of portfolio
 		WWW
Wolverine World Wide
2.02% of portfolio
 		BR
Broadridge Financial Solutions
1.94% of portfolio
 		LAZ
Lazard Inc.
1.94% of portfolio
 		SWK
Stanley Black & Decker Inc.
1.90% of portfolio
 		BOKF
BOK Financial Corp.
1.90% of portfolio
 		EOG
EOG Resources
1.89% of portfolio
 		C
Citigroup Inc.
1.85% of portfolio
 		GWR
Genesee & Wyoming Inc.
1.73% of portfolio
 		INFA
Informatica Corp.
1.72% of portfolio
 		PII
Polaris Inc.
1.71% of portfolio
 		HUM
Humana Inc.
1.70% of portfolio
2014   Q2$707 M VRNT
Verint Systems Inc.
2.87% of portfolio
 		AAPL
Apple Inc.
2.64% of portfolio
 		HE
Hawaiian Electric Industries
2.61% of portfolio
 		GIL
Gildan Activewear Inc.
2.45% of portfolio
 		NSC
Norfolk Southern Corp.
2.40% of portfolio
 		LAZ
Lazard Inc.
2.37% of portfolio
 		ALEX
Alexander & Baldwin
2.35% of portfolio
 		YUM
Yum! Brands Inc.
2.34% of portfolio
 		GWR
Genesee & Wyoming Inc.
2.29% of portfolio
 		HUM
Humana Inc.
2.18% of portfolio
 		EOG
EOG Resources
2.16% of portfolio
 		OXY
Occidental Petroleum
2.14% of portfolio
 		XYL
Xylem Inc.
2.14% of portfolio
 		RRX
Regal Rexnord Corp.
2.11% of portfolio
 		BR
Broadridge Financial Solutions
2.10% of portfolio
 		SMG
Scotts Miracle-Gro Co.
2.06% of portfolio
 		LLTC
Linear Technology Corp.
2.04% of portfolio
 		NVDA
NVIDIA Corp.
2.03% of portfolio
 		AJG
Arthur J. Gallagher & Co.
1.98% of portfolio
 		LII
Lennox International
1.96% of portfolio
2014   Q1$722 M VRNT
Verint Systems Inc.
2.69% of portfolio
 		HE
Hawaiian Electric Industries
2.57% of portfolio
 		SMG
Scotts Miracle-Gro Co.
2.51% of portfolio
 		ALEX
Alexander & Baldwin
2.42% of portfolio
 		LII
Lennox International
2.41% of portfolio
 		GWR
Genesee & Wyoming Inc.
2.36% of portfolio
 		LLTC
Linear Technology Corp.
2.35% of portfolio
 		WWW
Wolverine World Wide
2.34% of portfolio
 		AJG
Arthur J. Gallagher & Co.
2.31% of portfolio
 		EOG
EOG Resources
2.24% of portfolio
 		NSC
Norfolk Southern Corp.
2.22% of portfolio
 		WTW
Willis Towers Watson plc
2.19% of portfolio
 		FLIR
FLIR Systems
2.19% of portfolio
 		HUM
Humana Inc.
2.14% of portfolio
 		AAPL
Apple Inc.
2.13% of portfolio
 		BOH
Bank of Hawaii Corp.
2.12% of portfolio
 		NVDA
NVIDIA Corp.
2.11% of portfolio
 		LAZ
Lazard Inc.
2.11% of portfolio
 		XYL
Xylem Inc.
2.10% of portfolio
 		GIL
Gildan Activewear Inc.
2.05% of portfolio
2013   Q4$742 M BR
Broadridge Financial Solutions
2.66% of portfolio
 		HE
Hawaiian Electric Industries
2.56% of portfolio
 		VRNT
Verint Systems Inc.
2.48% of portfolio
 		AJG
Arthur J. Gallagher & Co.
2.35% of portfolio
 		ATR
AptarGroup Inc.
2.32% of portfolio
 		WWW
Wolverine World Wide
2.31% of portfolio
 		ALEX
Alexander & Baldwin
2.31% of portfolio
 		LII
Lennox International
2.26% of portfolio
 		LLTC
Linear Technology Corp.
2.23% of portfolio
 		GIL
Gildan Activewear Inc.
2.22% of portfolio
 		WTW
Willis Towers Watson plc
2.17% of portfolio
 		FNFG
First Niagara Financial Group
2.12% of portfolio
 		INFA
Informatica Corp.
2.08% of portfolio
 		FLIR
FLIR Systems
2.08% of portfolio
 		GWR
Genesee & Wyoming Inc.
2.07% of portfolio
 		HUM
Humana Inc.
2.06% of portfolio
 		PHG
Koninklijke Philips Electronics NV
1.98% of portfolio
 		XYL
Xylem Inc.
1.94% of portfolio
 		SMG
Scotts Miracle-Gro Co.
1.90% of portfolio
 		NSC
Norfolk Southern Corp.
1.90% of portfolio
2013   Q3$705 M BR
Broadridge Financial Solutions
3.25% of portfolio
 		LKQ
LKQ Corp.
2.68% of portfolio
 		PII
Polaris Inc.
2.66% of portfolio
 		HE
Hawaiian Electric Industries
2.60% of portfolio
 		VRNT
Verint Systems Inc.
2.51% of portfolio
 		EOG
EOG Resources
2.34% of portfolio
 		AJG
Arthur J. Gallagher & Co.
2.30% of portfolio
 		FLIR
FLIR Systems
2.28% of portfolio
 		BYI
Bally Technologies Inc.
2.22% of portfolio
 		ATR
AptarGroup Inc.
2.17% of portfolio
 		MASI
Masimo Corp.
2.14% of portfolio
 		LII
Lennox International
2.10% of portfolio
 		ALEX
Alexander & Baldwin
2.10% of portfolio
 		GIL
Gildan Activewear Inc.
2.04% of portfolio
 		LLTC
Linear Technology Corp.
2.02% of portfolio
 		SCS
Steelcase Inc.
2.02% of portfolio
 		HAE
Haemonetics Corp.
2.01% of portfolio
 		POWI
Power Integrations Inc.
1.99% of portfolio
 		UNP
Union Pacific
1.98% of portfolio
 		PHG
Koninklijke Philips Electronics NV
1.98% of portfolio
2013   Q2$667 M BR
Broadridge Financial Solutions
3.15% of portfolio
 		HAE
Haemonetics Corp.
2.72% of portfolio
 		HURN
Huron Consulting Group Inc.
2.69% of portfolio
 		HE
Hawaiian Electric Industries
2.65% of portfolio
 		VRNT
Verint Systems Inc.
2.61% of portfolio
 		AJG
Arthur J. Gallagher & Co.
2.59% of portfolio
 		ALEX
Alexander & Baldwin
2.45% of portfolio
 		LKQ
LKQ Corp.
2.34% of portfolio
 		BYI
Bally Technologies Inc.
2.27% of portfolio
 		EOG
EOG Resources
2.17% of portfolio
 		UNP
Union Pacific
2.17% of portfolio
 		SCS
Steelcase Inc.
2.15% of portfolio
 		FNFG
First Niagara Financial Group
2.14% of portfolio
 		PII
Polaris Inc.
2.12% of portfolio
 		MAT
Mattel Inc.
2.09% of portfolio
 		FLIR
FLIR Systems
2.07% of portfolio
 		CMP
Compass Minerals International Inc.
2.05% of portfolio
 		FLO
Flowers Foods
2.01% of portfolio
 		GIL
Gildan Activewear Inc.
1.97% of portfolio
 		POWI
Power Integrations Inc.
1.96% of portfolio
2013   Q1$668 M BR
Broadridge Financial Solutions
3.39% of portfolio
 		LKQ
LKQ Corp.
2.98% of portfolio
 		HE
Hawaiian Electric Industries
2.90% of portfolio
 		FLS
Flowserve Corp.
2.68% of portfolio
 		HURN
Huron Consulting Group Inc.
2.51% of portfolio
 		FLO
Flowers Foods
2.46% of portfolio
 		HAE
Haemonetics Corp.
2.44% of portfolio
 		VRNT
Verint Systems Inc.
2.31% of portfolio
 		AJG
Arthur J. Gallagher & Co.
2.28% of portfolio
 		ALEX
Alexander & Baldwin
2.20% of portfolio
 		MAT
Mattel Inc.
2.18% of portfolio
 		SCS
Steelcase Inc.
2.17% of portfolio
 		BYI
Bally Technologies Inc.
2.15% of portfolio
 		EOG
EOG Resources
2.11% of portfolio
 		EFX
Equifax Inc.
2.09% of portfolio
 		PII
Polaris Inc.
2.06% of portfolio
 		POWI
Power Integrations Inc.
2.03% of portfolio
 		LII
Lennox International
2.02% of portfolio
 		UNP
Union Pacific
2.00% of portfolio
 		MON-OLD
Monsanto Co.
2.00% of portfolio
2012   Q4$620 M LKQ
LKQ Corp.
3.56% of portfolio
 		BR
Broadridge Financial Solutions
3.36% of portfolio
 		EFX
Equifax Inc.
3.14% of portfolio
 		FLS
Flowserve Corp.
2.97% of portfolio
 		HE
Hawaiian Electric Industries
2.84% of portfolio
 		COST
Costco Co.
2.58% of portfolio
 		SCS
Steelcase Inc.
2.43% of portfolio
 		EOG
EOG Resources
2.34% of portfolio
 		HAE
Haemonetics Corp.
2.34% of portfolio
 		MON-OLD
Monsanto Co.
2.32% of portfolio
 		NEM
Newmont Corp.
2.28% of portfolio
 		HURN
Huron Consulting Group Inc.
2.26% of portfolio
 		PII
Polaris Inc.
2.16% of portfolio
 		CCL
Carnival Corp.
2.15% of portfolio
 		FLO
Flowers Foods
2.14% of portfolio
 		EBAY
eBay Inc.
2.11% of portfolio
 		UNP
Union Pacific
2.11% of portfolio
 		GATX
GATX Corp.
2.10% of portfolio
 		ICLR
ICON plc
2.07% of portfolio
 		BYI
Bally Technologies Inc.
2.07% of portfolio
2012   Q3$633 M BR
Broadridge Financial Solutions
3.35% of portfolio
 		LKQ
LKQ Corp.
3.24% of portfolio
 		HE
Hawaiian Electric Industries
2.91% of portfolio
 		EFX
Equifax Inc.
2.73% of portfolio
 		GATX
GATX Corp.
2.70% of portfolio
 		NEM
Newmont Corp.
2.69% of portfolio
 		SCS
Steelcase Inc.
2.67% of portfolio
 		COST
Costco Co.
2.56% of portfolio
 		FLS
Flowserve Corp.
2.53% of portfolio
 		UNP
Union Pacific
2.47% of portfolio
 		ICLR
ICON plc
2.47% of portfolio
 		CCL
Carnival Corp.
2.45% of portfolio
 		BYI
Bally Technologies Inc.
2.42% of portfolio
 		HURN
Huron Consulting Group Inc.
2.39% of portfolio
 		EOG
EOG Resources
2.28% of portfolio
 		HAE
Haemonetics Corp.
2.25% of portfolio
 		PII
Polaris Inc.
2.20% of portfolio
 		MON-OLD
Monsanto Co.
2.19% of portfolio
 		HPY
Heartland Payment Systems Inc.
2.18% of portfolio
 		GWW
W.W. Grainger Inc.
2.16% of portfolio
2012   Q2$634 M ALEX
Alexander & Baldwin
3.87% of portfolio
 		HE
Hawaiian Electric Industries
3.41% of portfolio
 		EFX
Equifax Inc.
3.17% of portfolio
 		HPY
Heartland Payment Systems Inc.
3.13% of portfolio
 		BR
Broadridge Financial Solutions
3.06% of portfolio
 		LKQ
LKQ Corp.
2.93% of portfolio
 		SCS
Steelcase Inc.
2.88% of portfolio
 		BYI
Bally Technologies Inc.
2.75% of portfolio
 		UNP
Union Pacific
2.72% of portfolio
 		CTAS
Cintas Corp.
2.72% of portfolio
 		GATX
GATX Corp.
2.61% of portfolio
 		ADSK
Autodesk Inc.
2.51% of portfolio
 		COST
Costco Co.
2.43% of portfolio
 		MON-OLD
Monsanto Co.
2.41% of portfolio
 		SHW
Sherwin-Williams
2.35% of portfolio
 		ICLR
ICON plc
2.28% of portfolio
 		FLS
Flowserve Corp.
2.27% of portfolio
 		HURN
Huron Consulting Group Inc.
2.25% of portfolio
 		LII
Lennox International
2.22% of portfolio
 		SWK
Stanley Black & Decker Inc.
2.19% of portfolio
2012   Q1$694 M WFC
Wells Fargo
3.36% of portfolio
 		ALEX
Alexander & Baldwin
3.22% of portfolio
 		BR
Broadridge Financial Solutions
3.14% of portfolio
 		CTAS
Cintas Corp.
3.07% of portfolio
 		SWK
Stanley Black & Decker Inc.
3.04% of portfolio
 		ADSK
Autodesk Inc.
3.01% of portfolio
 		HPY
Heartland Payment Systems Inc.
2.95% of portfolio
 		HURN
Huron Consulting Group Inc.
2.91% of portfolio
 		EFX
Equifax Inc.
2.90% of portfolio
 		HE
Hawaiian Electric Industries
2.86% of portfolio
 		LKQ
LKQ Corp.
2.84% of portfolio
 		SCS
Steelcase Inc.
2.80% of portfolio
 		BYI
Bally Technologies Inc.
2.66% of portfolio
 		GATX
GATX Corp.
2.49% of portfolio
 		GWW
W.W. Grainger Inc.
2.36% of portfolio
 		UNP
Union Pacific
2.23% of portfolio
 		COST
Costco Co.
2.12% of portfolio
 		MON-OLD
Monsanto Co.
2.12% of portfolio
 		FLS
Flowserve Corp.
2.09% of portfolio
 		APA
APA Corp.
2.08% of portfolio
2011   Q4$685 M LKQ
LKQ Corp.
3.42% of portfolio
 		BR
Broadridge Financial Solutions
3.29% of portfolio
 		CCL
Carnival Corp.
3.21% of portfolio
 		HE
Hawaiian Electric Industries
3.16% of portfolio
 		EOG
EOG Resources
3.16% of portfolio
 		HURN
Huron Consulting Group Inc.
3.04% of portfolio
 		SWK
Stanley Black & Decker Inc.
2.98% of portfolio
 		CTAS
Cintas Corp.
2.95% of portfolio
 		UNP
Union Pacific
2.91% of portfolio
 		GATX
GATX Corp.
2.87% of portfolio
 		WFC
Wells Fargo
2.75% of portfolio
 		ALEX
Alexander & Baldwin
2.75% of portfolio
 		ZBRA
Zebra Technologies Corp.
2.65% of portfolio
 		WTW
Willis Towers Watson plc
2.65% of portfolio
 		BYI
Bally Technologies Inc.
2.64% of portfolio
 		COST
Costco Co.
2.63% of portfolio
 		EFX
Equifax Inc.
2.51% of portfolio
 		MAT
Mattel Inc.
2.49% of portfolio
 		GWW
W.W. Grainger Inc.
2.48% of portfolio
 		ADSK
Autodesk Inc.
2.44% of portfolio
2011   Q3$633 M LKQ
LKQ Corp.
3.66% of portfolio
 		MAT
Mattel Inc.
3.54% of portfolio
 		WTW
Willis Towers Watson plc
3.49% of portfolio
 		HE
Hawaiian Electric Industries
3.39% of portfolio
 		CCL
Carnival Corp.
3.22% of portfolio
 		BR
Broadridge Financial Solutions
3.18% of portfolio
 		COST
Costco Co.
3.10% of portfolio
 		ALEX
Alexander & Baldwin
2.66% of portfolio
 		WFC
Wells Fargo
2.61% of portfolio
 		UNP
Union Pacific
2.55% of portfolio
 		HURN
Huron Consulting Group Inc.
2.53% of portfolio
 		ZBRA
Zebra Technologies Corp.
2.49% of portfolio
 		EOG
EOG Resources
2.47% of portfolio
 		GWW
W.W. Grainger Inc.
2.45% of portfolio
 		ADSK
Autodesk Inc.
2.42% of portfolio
 		SWK
Stanley Black & Decker Inc.
2.34% of portfolio
 		CTAS
Cintas Corp.
2.29% of portfolio
 		GATX
GATX Corp.
2.20% of portfolio
 		EFX
Equifax Inc.
2.20% of portfolio
 		MON-OLD
Monsanto Co.
2.12% of portfolio
2011   Q2$830 M WTW
Willis Towers Watson plc
3.18% of portfolio
 		COST
Costco Co.
3.04% of portfolio
 		LKQ
LKQ Corp.
3.01% of portfolio
 		MAT
Mattel Inc.
2.96% of portfolio
 		BR
Broadridge Financial Solutions
2.89% of portfolio
 		HE
Hawaiian Electric Industries
2.75% of portfolio
 		SEE
Sealed Air Corp.
2.73% of portfolio
 		EOG
EOG Resources
2.73% of portfolio
 		CCL
Carnival Corp.
2.63% of portfolio
 		GWW
W.W. Grainger Inc.
2.62% of portfolio
 		SWK
Stanley Black & Decker Inc.
2.62% of portfolio
 		ZBRA
Zebra Technologies Corp.
2.58% of portfolio
 		SCS
Steelcase Inc.
2.54% of portfolio
 		ALEX
Alexander & Baldwin
2.49% of portfolio
 		UNP
Union Pacific
2.48% of portfolio
 		KSS
Kohl's Corp.
2.47% of portfolio
 		SHW
Sherwin-Williams
2.33% of portfolio
 		WFC
Wells Fargo
2.31% of portfolio
 		EFX
Equifax Inc.
2.28% of portfolio
 		LECO
Lincoln Electric
2.14% of portfolio
2011   Q1$864 M WTW
Willis Towers Watson plc
3.76% of portfolio
 		SEE
Sealed Air Corp.
3.35% of portfolio
 		EOG
EOG Resources
2.97% of portfolio
 		CTXS-OLD
Citrix Systems
2.76% of portfolio
 		HE
Hawaiian Electric Industries
2.73% of portfolio
 		LKQ
LKQ Corp.
2.67% of portfolio
 		LECO
Lincoln Electric
2.67% of portfolio
 		SWK
Stanley Black & Decker Inc.
2.67% of portfolio
 		WFC
Wells Fargo
2.66% of portfolio
 		GWW
W.W. Grainger Inc.
2.66% of portfolio
 		ZBRA
Zebra Technologies Corp.
2.66% of portfolio
 		SHW
Sherwin-Williams
2.65% of portfolio
 		COST
Costco Co.
2.64% of portfolio
 		BR
Broadridge Financial Solutions
2.62% of portfolio
 		ADSK
Autodesk Inc.
2.60% of portfolio
 		CCL
Carnival Corp.
2.58% of portfolio
 		MAT
Mattel Inc.
2.58% of portfolio
 		KSS
Kohl's Corp.
2.52% of portfolio
 		EFX
Equifax Inc.
2.45% of portfolio
 		SCS
Steelcase Inc.
2.44% of portfolio
2010   Q4$887 M WTW
Willis Towers Watson plc
3.23% of portfolio
 		CCL
Carnival Corp.
3.16% of portfolio
 		SEE
Sealed Air Corp.
3.11% of portfolio
 		NLC
Nalco Holding Co.
3.08% of portfolio
 		ZBRA
Zebra Technologies Corp.
3.08% of portfolio
 		CTXS-OLD
Citrix Systems
3.01% of portfolio
 		BR
Broadridge Financial Solutions
2.84% of portfolio
 		UTIW
UTI Worldwide Inc.
2.79% of portfolio
 		WM
Waste Management Inc.
2.67% of portfolio
 		COST
Costco Co.
2.63% of portfolio
 		LKQ
LKQ Corp.
2.62% of portfolio
 		MAT
Mattel Inc.
2.60% of portfolio
 		GWW
W.W. Grainger Inc.
2.59% of portfolio
 		UNP
Union Pacific
2.58% of portfolio
 		SHW
Sherwin-Williams
2.57% of portfolio
 		ADSK
Autodesk Inc.
2.56% of portfolio
 		KSS
Kohl's Corp.
2.52% of portfolio
 		FST
Forest Oil
2.44% of portfolio
 		SWK
Stanley Black & Decker Inc.
2.34% of portfolio
 		LECO
Lincoln Electric
2.24% of portfolio
2010   Q3$817 M CTXS-OLD
Citrix Systems
3.26% of portfolio
 		CCL
Carnival Corp.
3.21% of portfolio
 		BR
Broadridge Financial Solutions
3.21% of portfolio
 		ZBRA
Zebra Technologies Corp.
3.18% of portfolio
 		NLC
Nalco Holding Co.
3.00% of portfolio
 		SEE
Sealed Air Corp.
2.98% of portfolio
 		WTW
Willis Towers Watson plc
2.97% of portfolio
 		MAT
Mattel Inc.
2.82% of portfolio
 		WM
Waste Management Inc.
2.81% of portfolio
 		KSS
Kohl's Corp.
2.80% of portfolio
 		UNP
Union Pacific
2.77% of portfolio
 		COST
Costco Co.
2.73% of portfolio
 		SHW
Sherwin-Williams
2.62% of portfolio
 		LKQ
LKQ Corp.
2.60% of portfolio
 		UTIW
UTI Worldwide Inc.
2.58% of portfolio
 		ADSK
Autodesk Inc.
2.56% of portfolio
 		CW
Curtiss-Wright Corp.
2.56% of portfolio
 		CSCO
Cisco Systems
2.45% of portfolio
 		HE
Hawaiian Electric Industries
2.38% of portfolio
 		SWK
Stanley Black & Decker Inc.
2.33% of portfolio
2010   Q2$759 M CTXS-OLD
Citrix Systems
3.22% of portfolio
 		WTW
Willis Towers Watson plc
3.02% of portfolio
 		MAT
Mattel Inc.
2.91% of portfolio
 		SEE
Sealed Air Corp.
2.88% of portfolio
 		BR
Broadridge Financial Solutions
2.88% of portfolio
 		CRI
Carters Inc.
2.73% of portfolio
 		TRV
Travelers Companies Inc.
2.69% of portfolio
 		CCL
Carnival Corp.
2.67% of portfolio
 		WM
Waste Management Inc.
2.64% of portfolio
 		NLC
Nalco Holding Co.
2.62% of portfolio
 		KSS
Kohl's Corp.
2.59% of portfolio
 		SHW
Sherwin-Williams
2.59% of portfolio
 		ZBRA
Zebra Technologies Corp.
2.58% of portfolio
 		PII
Polaris Inc.
2.57% of portfolio
 		UNP
Union Pacific
2.53% of portfolio
 		CSCO
Cisco Systems
2.52% of portfolio
 		LKQ
LKQ Corp.
2.51% of portfolio
 		COST
Costco Co.
2.50% of portfolio
 		CW
Curtiss-Wright Corp.
2.28% of portfolio
 		CVBF
CVB Financial Corp.
2.25% of portfolio
2010   Q1$905 M CTXS-OLD
Citrix Systems
3.04% of portfolio
 		CCL
Carnival Corp.
2.88% of portfolio
 		WM
Waste Management Inc.
2.63% of portfolio
 		MAT
Mattel Inc.
2.62% of portfolio
 		CSCO
Cisco Systems
2.59% of portfolio
 		TRV
Travelers Companies Inc.
2.58% of portfolio
 		BR
Broadridge Financial Solutions
2.57% of portfolio
 		ZBRA
Zebra Technologies Corp.
2.52% of portfolio
 		NVDA
NVIDIA Corp.
2.42% of portfolio
 		COST
Costco Co.
2.41% of portfolio
 		WTW
Willis Towers Watson plc
2.36% of portfolio
 		KSS
Kohl's Corp.
2.34% of portfolio
 		SHW
Sherwin-Williams
2.33% of portfolio
 		CRI
Carters Inc.
2.31% of portfolio
 		NLC
Nalco Holding Co.
2.31% of portfolio
 		PII
Polaris Inc.
2.27% of portfolio
 		UNP
Union Pacific
2.24% of portfolio
 		HE
Hawaiian Electric Industries
2.19% of portfolio
 		SEE
Sealed Air Corp.
2.18% of portfolio
 		BEN
Franklin Resources
2.17% of portfolio
2009   Q4$861 M WM
Waste Management Inc.
2.97% of portfolio
 		TRV
Travelers Companies Inc.
2.84% of portfolio
 		NVDA
NVIDIA Corp.
2.82% of portfolio
 		MAT
Mattel Inc.
2.77% of portfolio
 		ZBRA
Zebra Technologies Corp.
2.73% of portfolio
 		HE
Hawaiian Electric Industries
2.72% of portfolio
 		COST
Costco Co.
2.70% of portfolio
 		KMB
Kimberly-Clark
2.70% of portfolio
 		BR
Broadridge Financial Solutions
2.69% of portfolio
 		WTW
Willis Towers Watson plc
2.57% of portfolio
 		CTXS-OLD
Citrix Systems
2.56% of portfolio
 		NLC
Nalco Holding Co.
2.55% of portfolio
 		CSCO
Cisco Systems
2.50% of portfolio
 		KMI
Kinder Morgan
2.48% of portfolio
 		AMTD
AMTD IDEA Group
2.40% of portfolio
 		TAP
Molson Coors Beverage Co.
2.39% of portfolio
 		SEE
Sealed Air Corp.
2.37% of portfolio
 		CCL
Carnival Corp.
2.34% of portfolio
 		SHW
Sherwin-Williams
2.31% of portfolio
 		ADBE
Adobe Inc.
2.27% of portfolio
2009   Q3$898 M TRV
Travelers Companies Inc.
2.69% of portfolio
 		BEN
Franklin Resources
2.67% of portfolio
 		MAT
Mattel Inc.
2.67% of portfolio
 		WTW
Willis Towers Watson plc
2.64% of portfolio
 		ADBE
Adobe Inc.
2.50% of portfolio
 		TAP
Molson Coors Beverage Co.
2.48% of portfolio
 		NVDA
NVIDIA Corp.
2.42% of portfolio
 		ZBRA
Zebra Technologies Corp.
2.40% of portfolio
 		KBR
KBR Inc.
2.40% of portfolio
 		BDK
Black & Decker Corp.
2.40% of portfolio
 		SHW
Sherwin-Williams
2.37% of portfolio
 		CSCO
Cisco Systems
2.36% of portfolio
 		WM
Waste Management Inc.
2.33% of portfolio
 		AMTD
AMTD IDEA Group
2.33% of portfolio
 		JPM
JPMorgan Chase & Co.
2.29% of portfolio
 		HE
Hawaiian Electric Industries
2.26% of portfolio
 		CNW
Con-way Inc.
2.22% of portfolio
 		BR
Broadridge Financial Solutions
2.18% of portfolio
 		UNP
Union Pacific
2.18% of portfolio
 		COST
Costco Co.
2.16% of portfolio
2009   Q2$786 M WTW
Willis Towers Watson plc
3.54% of portfolio
 		SEE
Sealed Air Corp.
3.42% of portfolio
 		MAT
Mattel Inc.
2.89% of portfolio
 		CRI
Carters Inc.
2.84% of portfolio
 		HE
Hawaiian Electric Industries
2.79% of portfolio
 		KBR
KBR Inc.
2.60% of portfolio
 		ADBE
Adobe Inc.
2.57% of portfolio
 		ZBRA
Zebra Technologies Corp.
2.51% of portfolio
 		WM
Waste Management Inc.
2.42% of portfolio
 		MVL
Marvel Entertainment Inc.
2.38% of portfolio
 		BBY
Best Buy Co. Inc.
2.38% of portfolio
 		TAP
Molson Coors Beverage Co.
2.37% of portfolio
 		WFC
Wells Fargo
2.34% of portfolio
 		NVDA
NVIDIA Corp.
2.32% of portfolio
 		FELE
Franklin Electric Co. Inc.
2.25% of portfolio
 		BEN
Franklin Resources
2.18% of portfolio
 		KSS
Kohl's Corp.
2.17% of portfolio
 		COV-OLD
Covidien Plc.
2.16% of portfolio
 		KMI
Kinder Morgan
2.16% of portfolio
 		BKC
Burger King Holdings Inc.
2.15% of portfolio
2009   Q1$701 M WTW
Willis Towers Watson plc
3.55% of portfolio
 		SEE
Sealed Air Corp.
3.44% of portfolio
 		CRI
Carters Inc.
3.19% of portfolio
 		KMI
Kinder Morgan
2.89% of portfolio
 		CACI
CACI International Inc.
2.81% of portfolio
 		ADBE
Adobe Inc.
2.73% of portfolio
 		VZ
Verizon Communications
2.70% of portfolio
 		VRSN
Verisign Inc.
2.53% of portfolio
 		GFI
Gold Fields Ltd.
2.47% of portfolio
 		COST
Costco Co.
2.27% of portfolio
 		BBY
Best Buy Co. Inc.
2.25% of portfolio
 		CSCO
Cisco Systems
2.25% of portfolio
 		CVX
Chevron Corp.
2.24% of portfolio
 		MVL
Marvel Entertainment Inc.
2.22% of portfolio
 		KBR
KBR Inc.
2.18% of portfolio
 		WM
Waste Management Inc.
2.17% of portfolio
 		COV-OLD
Covidien Plc.
2.15% of portfolio
 		FELE
Franklin Electric Co. Inc.
2.15% of portfolio
 		INTC
Intel Corp.
2.13% of portfolio
 		ZBRA
Zebra Technologies Corp.
2.13% of portfolio
2008   Q4$883 M ABT
Abbott Labs
4.14% of portfolio
 		VZ
Verizon Communications
4.00% of portfolio
 		KMI
Kinder Morgan
3.91% of portfolio
 		PTV
Pactiv Corp.
3.86% of portfolio
 		HE
Hawaiian Electric Industries
3.56% of portfolio
 		CACI
CACI International Inc.
3.51% of portfolio
 		WTW
Willis Towers Watson plc
3.33% of portfolio
 		CEPH
Cephalon Inc.
3.20% of portfolio
 		MAT
Mattel Inc.
3.14% of portfolio
 		MDLZ
Mondelez International
3.12% of portfolio
 		SEE
Sealed Air Corp.
3.05% of portfolio
 		INTC
Intel Corp.
3.02% of portfolio
 		PGN
Progress Energy Inc.
2.92% of portfolio
 		MVL
Marvel Entertainment Inc.
2.86% of portfolio
 		COV-OLD
Covidien Plc.
2.81% of portfolio
 		BEC
Beckman Coulter Inc.
2.50% of portfolio
 		KBR
KBR Inc.
2.40% of portfolio
 		AVP
Avon Products
2.40% of portfolio
 		GFI
Gold Fields Ltd.
2.30% of portfolio
 		AVA
Avista Corp.
2.29% of portfolio
2008   Q3$1.2 B KMI
Kinder Morgan
3.46% of portfolio
 		HE
Hawaiian Electric Industries
3.42% of portfolio
 		SEE
Sealed Air Corp.
3.30% of portfolio
 		ABT
Abbott Labs
3.27% of portfolio
 		WTW
Willis Towers Watson plc
3.26% of portfolio
 		CACI
CACI International Inc.
3.19% of portfolio
 		PGN
Progress Energy Inc.
3.13% of portfolio
 		VZ
Verizon Communications
3.10% of portfolio
 		MAT
Mattel Inc.
2.90% of portfolio
 		BEC
Beckman Coulter Inc.
2.83% of portfolio
 		PTV
Pactiv Corp.
2.83% of portfolio
 		AVP
Avon Products
2.78% of portfolio
 		STE
STERIS Plc
2.77% of portfolio
 		AMMD
American Medical Systems Holdings
2.76% of portfolio
 		CBT
Cabot Corp.
2.75% of portfolio
 		COV-OLD
Covidien Plc.
2.73% of portfolio
 		INTC
Intel Corp.
2.61% of portfolio
 		AIN
Albany International
2.35% of portfolio
 		FELE
Franklin Electric Co. Inc.
2.34% of portfolio
 		CEPH
Cephalon Inc.
2.30% of portfolio
2008   Q2$1.25 B KMI
Kinder Morgan
3.68% of portfolio
 		VZ
Verizon Communications
3.33% of portfolio
 		CACI
CACI International Inc.
3.25% of portfolio
 		ABT
Abbott Labs
2.91% of portfolio
 		BEC
Beckman Coulter Inc.
2.83% of portfolio
 		HE
Hawaiian Electric Industries
2.82% of portfolio
 		INTC
Intel Corp.
2.75% of portfolio
 		AVP
Avon Products
2.71% of portfolio
 		MAT
Mattel Inc.
2.60% of portfolio
 		WTW
Willis Towers Watson plc
2.59% of portfolio
 		STE
STERIS Plc
2.50% of portfolio
 		SEE
Sealed Air Corp.
2.38% of portfolio
 		DYN-OLD
Dynegy Inc.
2.35% of portfolio
 		MSA
MSA Safety Inc.
2.25% of portfolio
 		AMMD
American Medical Systems Holdings
2.24% of portfolio
 		AIN
Albany International
2.20% of portfolio
 		PGN
Progress Energy Inc.
2.11% of portfolio
 		MVL
Marvel Entertainment Inc.
2.07% of portfolio
 		RIG
Transocean Ltd.
2.03% of portfolio
 		BUD
Anheuser-Busch InBev
2.00% of portfolio
2008   Q1$1.3 B KMI
Kinder Morgan
3.28% of portfolio
 		BUD
Anheuser-Busch InBev
3.27% of portfolio
 		CACI
CACI International Inc.
3.12% of portfolio
 		VZ
Verizon Communications
3.09% of portfolio
 		SEE
Sealed Air Corp.
3.04% of portfolio
 		BEC
Beckman Coulter Inc.
2.95% of portfolio
 		AVP
Avon Products
2.93% of portfolio
 		INTC
Intel Corp.
2.87% of portfolio
 		ABT
Abbott Labs
2.70% of portfolio
 		PTV
Pactiv Corp.
2.63% of portfolio
 		HE
Hawaiian Electric Industries
2.61% of portfolio
 		AIN
Albany International
2.46% of portfolio
 		DYN-OLD
Dynegy Inc.
2.37% of portfolio
 		STE
STERIS Plc
2.32% of portfolio
 		MVL
Marvel Entertainment Inc.
2.27% of portfolio
 		MAT
Mattel Inc.
2.18% of portfolio
 		CRL
Charles River Labs
2.12% of portfolio
 		HBI
Hanesbrands Inc.
2.08% of portfolio
 		BEAV
BE Aerospace Inc.
2.06% of portfolio
 		PGN
Progress Energy Inc.
2.05% of portfolio
2007   Q4$1.51 B AVP
Avon Products
3.37% of portfolio
 		BEC
Beckman Coulter Inc.
3.29% of portfolio
 		INTC
Intel Corp.
3.10% of portfolio
 		BUD
Anheuser-Busch InBev
3.02% of portfolio
 		KMI
Kinder Morgan
2.88% of portfolio
 		NLY
Annaly Capital Management Inc.
2.81% of portfolio
 		BAX
Baxter International Inc.
2.76% of portfolio
 		BEAV
BE Aerospace Inc.
2.68% of portfolio
 		CRL
Charles River Labs
2.52% of portfolio
 		PGN
Progress Energy Inc.
2.49% of portfolio
 		IFF
International Flavors & Fragrances Inc.
2.35% of portfolio
 		SEE
Sealed Air Corp.
2.34% of portfolio
 		PTV
Pactiv Corp.
2.30% of portfolio
 		EA
Electronic Arts
2.21% of portfolio
 		CACI
CACI International Inc.
2.16% of portfolio
 		ABT
Abbott Labs
2.14% of portfolio
 		DYN-OLD
Dynegy Inc.
2.10% of portfolio
 		AIN
Albany International
2.07% of portfolio
 		STE
STERIS Plc
2.06% of portfolio
 		WDC
Western Digital Corp.
2.05% of portfolio
2007   Q3$1.65 B BAX
Baxter International Inc.
3.26% of portfolio
 		BEC
Beckman Coulter Inc.
3.19% of portfolio
 		AVP
Avon Products
2.93% of portfolio
 		BEAV
BE Aerospace Inc.
2.83% of portfolio
 		INTC
Intel Corp.
2.76% of portfolio
 		BUD
Anheuser-Busch InBev
2.64% of portfolio
 		MOGN
MGI PHARMA Inc.
2.50% of portfolio
 		DYN-OLD
Dynegy Inc.
2.49% of portfolio
 		PTV
Pactiv Corp.
2.27% of portfolio
 		NLY
Annaly Capital Management Inc.
2.26% of portfolio
 		KMI
Kinder Morgan
2.23% of portfolio
 		IFF
International Flavors & Fragrances Inc.
2.20% of portfolio
 		SEE
Sealed Air Corp.
2.18% of portfolio
 		WDC
Western Digital Corp.
2.11% of portfolio
 		RDUS
Schnitzer Steel Industries Inc.
2.07% of portfolio
 		COGN
Cognos Inc.
2.06% of portfolio
 		CRL
Charles River Labs
1.97% of portfolio
 		PGN
Progress Energy Inc.
1.97% of portfolio
 		WTW
Willis Towers Watson plc
1.96% of portfolio
 		DBDQQ-OLD
Diebold Inc.
1.94% of portfolio
2007   Q2$1.72 B WTW
Willis Towers Watson plc
3.38% of portfolio
 		DBDQQ-OLD
Diebold Inc.
2.92% of portfolio
 		BAX
Baxter International Inc.
2.77% of portfolio
 		AVP
Avon Products
2.75% of portfolio
 		BEAV
BE Aerospace Inc.
2.69% of portfolio
 		BEC
Beckman Coulter Inc.
2.68% of portfolio
 		BUD
Anheuser-Busch InBev
2.41% of portfolio
 		JPM
JPMorgan Chase & Co.
2.39% of portfolio
 		INTC
Intel Corp.
2.21% of portfolio
 		DYN-OLD
Dynegy Inc.
2.21% of portfolio
 		KMI
Kinder Morgan
2.18% of portfolio
 		FII-OLD
Federated Investors Inc.
2.08% of portfolio
 		PGN
Progress Energy Inc.
2.06% of portfolio
 		SEE
Sealed Air Corp.
2.06% of portfolio
 		UVV
Universal Corp.
1.99% of portfolio
 		IFF
International Flavors & Fragrances Inc.
1.96% of portfolio
 		RF
Regions Financial Corp.
1.94% of portfolio
 		NOK
Nokia Corp.
1.93% of portfolio
 		CBT
Cabot Corp.
1.89% of portfolio
 		PTV
Pactiv Corp.
1.88% of portfolio
2007   Q1$1.71 B WTW
Willis Towers Watson plc
3.08% of portfolio
 		DBDQQ-OLD
Diebold Inc.
2.69% of portfolio
 		AW
Allied Waste Industries
2.65% of portfolio
 		BAX
Baxter International Inc.
2.62% of portfolio
 		PTV
Pactiv Corp.
2.58% of portfolio
 		JPM
JPMorgan Chase & Co.
2.49% of portfolio
 		LIZ
Liz Claiborne Inc.
2.41% of portfolio
 		NLY
Annaly Capital Management Inc.
2.41% of portfolio
 		PGN
Progress Energy Inc.
2.39% of portfolio
 		BUD
Anheuser-Busch InBev
2.35% of portfolio
 		BEAV
BE Aerospace Inc.
2.31% of portfolio
 		BEC
Beckman Coulter Inc.
2.29% of portfolio
 		UVV
Universal Corp.
2.26% of portfolio
 		AVP
Avon Products
2.22% of portfolio
 		AT-OLD
ALLTEL Corp.
2.19% of portfolio
 		KMI
Kinder Morgan
2.14% of portfolio
 		SEE
Sealed Air Corp.
2.11% of portfolio
 		SYY
Sysco Corp.
2.09% of portfolio
 		NOK
Nokia Corp.
2.08% of portfolio
 		BG
Bunge Global SA
2.06% of portfolio
2006   Q4$1.66 B SWY
Safeway Inc.
3.09% of portfolio
 		PTV
Pactiv Corp.
3.03% of portfolio
 		WM
Waste Management Inc.
2.86% of portfolio
 		AW
Allied Waste Industries
2.75% of portfolio
 		WTW
Willis Towers Watson plc
2.75% of portfolio
 		JPM
JPMorgan Chase & Co.
2.67% of portfolio
 		BAX
Baxter International Inc.
2.66% of portfolio
 		IFF
International Flavors & Fragrances Inc.
2.55% of portfolio
 		AT-OLD
ALLTEL Corp.
2.37% of portfolio
 		BUD
Anheuser-Busch InBev
2.35% of portfolio
 		SYY
Sysco Corp.
2.33% of portfolio
 		NOK
Nokia Corp.
2.26% of portfolio
 		LIZ
Liz Claiborne Inc.
2.26% of portfolio
 		DBDQQ-OLD
Diebold Inc.
2.24% of portfolio
 		NWL
Newell Brands Inc.
2.16% of portfolio
 		BG
Bunge Global SA
2.11% of portfolio
 		SEE
Sealed Air Corp.
2.11% of portfolio
 		BEC
Beckman Coulter Inc.
2.10% of portfolio
 		RF
Regions Financial Corp.
2.05% of portfolio
 		BEAV
BE Aerospace Inc.
2.04% of portfolio