FORM 13F NAME OF REPORTING MANAGER: ADVANCE CAPITAL #28-6474 DATE:12/31/12
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
NAME OF ISSUER TITLE OF CLASS CUSIP FAIR MARKET SHARES OR INVESTMENT DISCRETION MANAGER VOTING AUTHORITY
NUMBER VALUE PRINC. AMT. SOLE SHARED OTHER SOLE SHARED NONE
AARONS INC COMMON STOCK 002535300 317 11,200 X 11200
ADVANCE AUTO PARTS COMMON STOCK 00751Y106 318 4,400 X 4400
APPLE COMPUTER COMMON STOCK 037833100 665 1,250 X 1250
AMERISOURCE BERGEN COMMON STOCK 03073E105 622 14,400 X 14400
AMERICAN CAMPUS COMMON STOCK 024835100 475 10,300 X 10300
ACE Limited COMMON STOCK H0023R105 646 8,100 X 8100
ACCENTURE LTD COMMON STOCK G1151C101 319 4,800 X 4800
AUTOMATIC DATA PROCE COMMON STOCK 053015103 330 5,800 X 5800
SSING, INC.
ALLIANCE DATASYS COMMON STOCK 018581108 825 5,700 X 5700
AMERICAN EAGLE COMMON STOCK 02553E106 371 18,100 X 18100
AMERICAN ELEC PWR COMMON STOCK 025537101 316 7,400 X 7400
AETNA INC. COMMON STOCK 00817Y108 1,318 28,465 X 28465
AMERICAN FIN. GRP. COMMON STOCK 025932104 431 10,900 X 10900
AFLAC, INC. COMMON STOCK 001055102 951 17,900 X 17900
AGCO CO COMMON STOCK 001084102 481 9,800 X 9800
ARTHUR GALLAGHER CO COMMON STOCK 363576109 582 16,800 X 16800
ALBEMARLE CORP COMMON STOCK 012653101 559 9,000 X 9000
ALASKA AIR GROUP COMMON STOCK 011659109 306 7,100 X 7100
ALLSTATE CORP COMMON STOCK 020002101 317 7,900 X 7900
AMETEK INC COMMON STOCK 031100100 905 24,100 X 24100
AFFILIATED MANAGERS COMMON STOCK 008252108 664 5,100 X 5100
GROUP
AMGEN, INC.* COMMON STOCK 031162100 970 11,254 X 11254
ANSYS INC. COMMON STOCK 03662Q105 620 9,200 X 9200
APACHE CORPORATION COMMON STOCK 037411105 1,219 15,531 X 15531
ALEXANDRIA REAL EST COMMON STOCK 015271109 430 6,200 X 6200
ARROW ELECTRONIC COMMON STOCK 042735100 423 11,100 X 11100
ASSOCIATED BANC-CORP COMMON STOCK 045487105 231 17,600 X 17600
ASHLAND INC. COMMON STOCK 044209104 603 7,500 X 7500
ASCENA RETAIL GROUP COMMON STOCK 04351G101 603 32,650 X 32650
ATMEL CORPORATION COMMON STOCK 049513104 293 44,700 X 44700
APTAR GROUP INC. COMMON STOCK 038336103 320 6,700 X 6700
ATWOOD OCEANICS INC COMMON STOCK 050095108 266 5,800 X 5800
AVNET INC COMMON STOCK 053807103 441 14,400 X 14400
AMERICAN EXPRESS COM COMMON STOCK 025816109 638 11,100 X 11100
PANY
BANK OF AMERICA CORP COMMON STOCK 060505104 311 26,825 X 26825
BED BATH & BEYOND, I COMMON STOCK 075896100 774 13,850 X 13850
NC.*
BECTON DICKINSON & COMMON STOCK 075887109 336 4,300 X 4300
CO
BE AEROSPACE INC COMMON STOCK 073302101 529 10,700 X 10700
FRANKLIN RESOURCES, COMMON STOCK 354613101 641 5,100 X 5100
INC.
BAKER HUGHES INC. COMMON STOCK 057224107 654 16,000 X 16000
BANK OF NEW YORK COM COMMON STOCK 064058100 979 38,100 X 38100
PANY, INC.
BLACKROCK INC COMMON STOCK 09247X101 661 3,200 X 3200
BRISTOL-MYERS SQUIBB COMMON STOCK 110122108 246 7,534 X 7534
COMPANY
BANK OF HAWAII CORP COMMON STOCK 062540109 203 4,600 X 4600
BRE PROPERTIES INC COMMON STOCK 05564E106 391 7,700 X 7700
BERKSHIRE HATHAWAY I COMMON STOCK 084670702 355 3,955 X 3955
BROWN & BROWN INC COMMON STOCK 115236101 306 12,000 X 12000
PEABODY ENERGY COMMON STOCK 704549104 487 18,300 X 18300
CITIGROUP, INC. COMMON STOCK 172967424 287 7,266 X 7266
CARDINAL HEALTH, INC COMMON STOCK 14149Y108 927 22,500 X 22500
.
CATERPILLER INC. COMMON STOCK 149123101 977 10,900 X 10900
CBOE HOLDINGS INC COMMON STOCK 12503M108 262 8,900 X 8900
COMMERCE BANCSHARES COMMON STOCK 200525103 295 8,400 X 8400
CADENCE DESIGN SYSTE COMMON STOCK 127387108 372 27,500 X 27500
MS, INC.
CELGENE CORP. COMMON STOCK 151020104 628 8,000 X 8000
CERNER CORP COMMON STOCK 156782104 279 3,600 X 3600
CHURCH & DWIGHT INC COMMON STOCK 171340102 1,031 19,250 X 19250
CHICO'S FAS INC. COMMON STOCK 168615102 306 16,600 X 16600
CLEAN HARBORS INC COMMON STOCK 184496107 374 6,800 X 6800
COMMERICAL METALS CO COMMON STOCK 201723103 175 11,800 X 11800
COMCAST CORP COMMON STOCK 20030N101 956 25,600 X 25600
CHIPOTLE MEXICAN COMMON STOCK 169656105 297 1,000 X 1000
GRILL
Cummins Inc COMMON STOCK 231021106 650 6,000 X 6000
CINEMARK HOLDINGS IN COMMON STOCK 17243V102 382 14,700 X 14700
CON-WAY INC. COMMON STOCK 205944101 270 9,700 X 9700
CAPITAL ONE FINANCIA COMMON STOCK 14040H105 980 16,911 X 16911
L CORP
COOPER COS INC COMMON STOCK 216648402 435 4,700 X 4700
CONOCOPHILLIPS COMMON STOCK 20825C104 249 4,300 X 4300
COSTCO COMMON STOCK 22160K105 326 3,300 X 3300
COVIDIEN PLC. COMMON STOCK G2554F113 664 11,500 X 11500
Copart Inc COMMON STOCK 217204106 204 6,900 X 6900
CAMDEN PPTY TRSH COMMON STOCK 133131102 696 10,200 X 10200
COMPUWARE CORP COMMON STOCK 205638109 247 22,700 X 22700
CREE INC. COMMON STOCK 225447101 279 8,200 X 8200
CHARLES RIVER LABORA COMMON STOCK 159864107 296 7,900 X 7900
TORIES
CARPENTER TECHNOLOGY COMMON STOCK 144285103 341 6,600 X 6600
CISCO COMMON STOCK 17275R102 1,291 65,716 X 65716
CARLISLE COS. INC. COMMON STOCK 142339100 235 4,000 X 4000
COINSTAR INC. COMMON STOCK 19259P300 635 12,200 X 12200
CSX Corp COMMON STOCK 126408103 631 32,000 X 32000
CATAMARAN CORP COMMON STOCK 148887102 457 9,710 X 9710
COVANCE INC. COMMON STOCK 222816100 324 5,600 X 5600
CVS CORPORATION CONVERTIBLE 126650100 1,245 25,750 X 25750
CHEVRON TEXACO CORP. COMMON STOCK 166764100 1,608 14,873 X 14873
CORRECTIONS CORP COMMON STOCK 22025Y407 348 9,800 X 9800
CYPRESS SEMI. COMMON STOCK 232806109 152 14,000 X 14000
COMMUNITY HEALTH SYS COMMON STOCK 203668108 341 11,100 X 11100
CITY NATIONAL CORPOR COMMON STOCK 178566105 233 4,700 X 4700
ATION
DARLING INTL INC COMMON STOCK 237266101 658 41,000 X 41000
DONALDSON COMPANY, I COMMON STOCK 257651109 456 13,900 X 13900
NC.
DELL COMPUTER COMMON STOCK 24702R101 225 22,197 X 22197
DANAHER CORPORATION COMMON STOCK 235851102 643 11,500 X 11500
DISNEY, WALT COMPANY COMMON STOCK 254687106 652 13,100 X 13100
DICK'S SPORTING GOOD COMMON STOCK 253393102 337 7,400 X 7400
DOLLAR TREE INC COMMON STOCK 256746108 884 21,800 X 21800
DRESSER-RAND GROUP COMMON STOCK 261608103 427 7,600 X 7600
DUKE REALTY INVESTME COMMON STOCK 264411505 374 27,000 X 27000
NTS, INC.
DRIL-QUIP INC COMMON STOCK 262037104 270 3,700 X 3700
DEVON ENERGY CORPORA COMMON STOCK 25179M103 824 15,839 X 15839
TION
BRINKER INTERNATIONA COMMON STOCK 109641100 232 7,500 X 7500
ENERGEN CORPCOM COMMON STOCK 29265N108 325 7,200 X 7200
EMC CORPORATION - MA COMMON STOCK 268648102 953 37,656 X 37656
EMERSON ELECTRIC COM COMMON STOCK 291011104 651 12,300 X 12300
PANY
ENDO PHARMACEUTICALS COMMON STOCK 29264F205 1,466 55,900 X 55900
ENERGIZER HOLDINGS COMMON STOCK 29266R108 632 7,900 X 7900
EQUINIX INC COMMON STOCK 29444U502 722 3,500 X 3500
ESSEX PROPERTY TRUST COMMON STOCK 297178105 660 4,500 X 4500
EATON VANCE CORPORAT COMMON STOCK 278265103 360 11,300 X 11300
ION
EDWARDS LIFESCIENCES COMMON STOCK 28176E108 577 6,400 X 6400
CORP
EAST-WEST BANCORP IN COMMON STOCK 27579R104 309 14,400 X 14400
C
FASTENAL CO COMMON STOCK 311900104 497 10,650 X 10650
FORTUNE BRANDS HOME COMMON STOCK 34964C106 473 16,200 X 16200
& SECURITIES
FIRST CASH FINANCIAL COMMON STOCK 31942D107 556 11,200 X 11200
Freeport-McMoRan COMMON STOCK 35671D857 707 20,674 X 20674
FACTSET RESEARCH SYS COMMON STOCK 303075105 476 5,400 X 5400
FEDEX CORPORATION COMMON STOCK 31428X106 972 10,600 X 10600
F5 NETWORKS INC COMMON STOCK 315616102 981 10,100 X 10100
FIDELITY NATL INFORM COMMON STOCK 31620M106 627 18,000 X 18000
FOOT LOCKER INCCOM COMMON STOCK 344849104 276 8,600 X 8600
FLOWERS FOODS INC COMMON STOCK 343498101 270 11,600 X 11600
FLUOR CORP COMMON STOCK 343412102 1,273 21,680 X 21680
FIDELITY NATIONAL COMMON STOCK 31620R105 268 11,400 X 11400
FIRST NIAGARA FINANC COMMON STOCK 33582V108 406 51,200 X 51200
FULTON FINANCIAL COR COMMON STOCK 360271100 201 20,900 X 20900
GENERAL DYNAMICS COR COMMON STOCK 369550108 332 4,800 X 4800
PORATION
GARDNER DENVER MACHY COMMON STOCK 365558105 336 4,900 X 4900
GENERAL ELECTRIC COM COMMON STOCK 369604103 655 31,200 X 31200
PANY
GRACO INC COMMON STOCK 384109104 304 5,900 X 5900
GILEAD SCIENCES, INC COMMON STOCK 375558103 673 9,160 X 9160
.
GENERAL MILLS, INC. COMMON STOCK 370334104 493 12,200 X 12200
GREEN MTN COFFEE COMMON STOCK 393122106 529 12,800 X 12800
GENTEX CORP. COMMON STOCK 371901109 189 10,000 X 10000
GOOGLE COMMON STOCK 38259P508 1,181 1,669 X 1669
GLOBAL PAYMENTS INC COMMON STOCK 37940X102 358 7,900 X 7900
HANCOCK HOLDING CO COMMON STOCK 410120109 276 8,700 X 8700
HANESBRAND INC COMMON STOCK 410345102 362 10,100 X 10100
HCC Insurance Hldgs COMMON STOCK 404132102 372 10,000 X 10000
.
HOME DEPOT COMMON STOCK 437076102 315 5,100 X 5100
HAWAIIAN ELECTRIC IN COMMON STOCK 419870100 246 9,800 X 9800
DUSTRIES, INC.
HOLLYFRONTIER CORP COMMON STOCK 436106108 945 20,300 X 20300
HERBALIFE LTD COMMON STOCK G4412G101 586 17,800 X 17800
HELIX ENERGY COMMON STOCK 42330P107 204 9,900 X 9900
SOLUTIONS GROUP
HEALTH MANAGEMENT AS COMMON STOCK 421933102 319 34,200 X 34200
HOME PROPERTIES INC COMMON STOCK 437306103 313 5,100 X 5100
HOLOGIC INC COMMON STOCK 436440101 534 26,700 X 26700
HELMERICH & PAYNE COMMON STOCK 423452101 986 17,600 X 17600
HILLSHIRE BRANDS CO COMMON STOCK 432589109 211 7,500 X 7500
HENRY SCHEIN INC. COMMON STOCK 806407102 483 6,000 X 6000
HSN INC. COMMON STOCK 404303109 209 3,800 X 3800
HUBBELL INC COMMON STOCK 443510201 457 5,400 X 5400
IBM COMMON STOCK 459200101 1,101 5,750 X 5750
IDEXX LABORATORIES COMMON STOCK 45168D104 390 4,200 X 4200
IDEX CORPORATION COMMON STOCK 45167R104 386 8,300 X 8300
INFORMATICA CORP COMMON STOCK 45666Q102 200 6,600 X 6600
INGREDION INC. COMMON STOCK 457187102 1,066 16,550 X 16550
WORLD FUEL SERVICES COMMON STOCK 981475106 597 14,500 X 14500
INTEL COMMON STOCK 458140100 1,231 59,705 X 59705
GARTNER INCCOM COMMON STOCK 366651107 433 9,400 X 9400
ITT INDUSTRIES INC. COMMON STOCK 450911201 225 9,600 X 9600
ILLINOIS TOOL WORKS COMMON STOCK 452308109 310 5,100 X 5100
HUNT J B TRANS SVCS COMMON STOCK 445658107 310 5,200 X 5200
JETBLUE AIRWAYS CORP COMMON STOCK 477143101 131 22,900 X 22900
JOHNSON CONTROLS INC COMMON STOCK 478366107 509 16,600 X 16600
JACK HENRY & ASSOC. COMMON STOCK 426281101 330 8,400 X 8400
JONES LANG LASALLE, COMMON STOCK 48020Q107 554 6,600 X 6600
INC.
JOHNSON & JOHNSON COMMON STOCK 478160104 2,773 39,557 X 39557
JOY GLOBAL INC COMMON STOCK 481165108 654 10,250 X 10250
JP MORGAN CHASE & CO COMMON STOCK 46625H100 401 9,110 X 9110
.
WILEY JOHN & SONS COMMON STOCK 968223206 284 7,300 X 7300
KBR INC COMMON STOCK 48242W106 571 19,100 X 19100
KIRBY CORPCOM COMMON STOCK 497266106 353 5,700 X 5700
KIMBERLY-CLARK CORPO COMMON STOCK 494368103 1,047 12,400 X 12400
RATION
KENNAMETAL INC COMMON STOCK 489170100 316 7,900 X 7900
COCA COLA COMMON STOCK 191216100 616 17,000 X 17000
KRAFT FOODS GROUP COMMON STOCK 50076Q106 835 18,366 X 18366
KOHLS CORPORATION COMMON STOCK 500255104 782 18,200 X 18200
KANSAS CITY SOUTHERN COMMON STOCK 485170302 910 10,900 X 10900
LOEWS CORP COMMON STOCK 540424108 286 7,026 X 7026
LEAR CORP COMMON STOCK 521865204 290 6,190 X 6190
LINCOLN ELECTRIC COMMON STOCK 533900106 409 8,400 X 8400
LENNOX INTERNATIONAL COMMON STOCK 526107107 247 4,700 X 4700
LKQ CORPCOM COMMON STOCK 501889208 506 24,000 X 24000
L-3 COMMUNICATIONS COMMON STOCK 502424104 270 3,518 X 3518
LILLY (ELI) COMMON STOCK 532457108 579 11,738 X 11738
Liberty Media Corp. COMMON STOCK 530322106 342 2,949 X 2949
ALLIANT ENERGY CORP COMMON STOCK 018802108 483 11,000 X 11000
LIBERTY PPTY TRSH COMMON STOCK 531172104 429 12,000 X 12000
LANDSTAR SYSTEM INC COMMON STOCK 515098101 247 4,700 X 4700
LIFE TIME FITNESS COMMON STOCK 53217R207 217 4,400 X 4400
MACERICH COCOM COMMON STOCK 554382101 770 13,200 X 13200
MANPOWER INCORPORATE COMMON STOCK 56418H100 340 8,000 X 8000
D
MATTEL, INC. COMMON STOCK 577081102 315 8,600 X 8600
MCDONALD'S CORPORATI COMMON STOCK 580135101 318 3,600 X 3600
ON
MICROS SYSTEMS INC COMMON STOCK 594901100 344 8,100 X 8100
MEDNAX INC COMMON STOCK 58502B106 262 3,300 X 3300
MONDELEZ INTERNATION COMMON STOCK 609207105 1,494 58,700 X 58700
MEDTRONIC INC. COMMON STOCK 585055106 636 15,500 X 15500
MDU RES GROUP INC COMMON STOCK 552690109 406 19,100 X 19100
MOHAWK INDUSTRIES COMMON STOCK 608190104 525 5,800 X 5800
MILLER HERMAN INC COMMON STOCK 600544100 247 11,500 X 11500
3M CO. COMMON STOCK 88579Y101 330 3,550 X 3550
ALTRIA GROUP INC. COMMON STOCK 02209S103 1,478 47,002 X 47002
IES, INC.
MARATHON PETROLEUM COMMON STOCK 56585A102 643 10,200 X 10200
MERCK & COMPANY, INC COMMON STOCK 58933Y105 1,752 42,800 X 42800
.
MARATHON OIL CORP COMMON STOCK 565849106 613 20,000 X 20000
.
MARVELL TECHNOLOGY COMMON STOCK G5876H105 215 29,615 X 29615
MINE SAFETY APPLIANC COMMON STOCK 602720104 265 6,200 X 6200
MSCI INC COMMON STOCK 55354G100 378 12,200 X 12200
MICROSOFT COMMON STOCK 594918104 1,558 58,315 X 58315
MSC INDUSTRIAL DIREC COMMON STOCK 553530106 467 6,200 X 6200
METTLER-TOLEDO INTL. COMMON STOCK 592688105 483 2,500 X 2500
MYLAN INCCOM COMMON STOCK 628530107 609 22,200 X 22200
NATIONAL INSTRUMENTS COMMON STOCK 636518102 245 9,500 X 9500
CORP.
NCR CORPCOM COMMON STOCK 62886E108 655 25,700 X 25700
NEXTERA ENERGY INC COMMON STOCK 65339F101 318 4,600 X 4600
NEWMARKET CORP COMMON STOCK 651587107 288 1,100 X 1100
NATIONAL FUEL GAS COMMON STOCK 636180101 426 8,400 X 8400
NIKE COMMON STOCK 654106103 351 6,800 X 6800
NATIONAL RETAIL PROP COMMON STOCK 637417106 340 10,900 X 10900
NORTHERN OIL & GAS COMMON STOCK 665531109 192 11,400 X 11400
NATIONAL OILWELL COMMON STOCK 637071101 1,305 19,100 X 19100
VARCO INC
NEUSTAR INC COMMON STOCK 64126X201 398 9,500 X 9500
NORTHERN TRUST CORPO COMMON STOCK 665859104 667 13,300 X 13300
RATION
NVIDIA CORP. COMMON STOCK 67066G104 203 16,585 X 16585
NV ENERGY INCCOM COMMON STOCK 67073Y106 430 23,700 X 23700
NXP SEMICONDUCTOR COMMON STOCK N6596X109 655 24,900 X 24900
NEW YORK COMM BANCOR COMMON STOCK 649445103 582 44,400 X 44400
REALTY INCOME CORP COMMON STOCK 756109104 531 13,200 X 13200
OMNICARE INC COMMON STOCK 681904108 412 11,400 X 11400
OGE ENERGY PROGRAM COMMON STOCK 670837103 557 9,900 X 9900
OCEANEERING INTERNAT COMMON STOCK 675232102 715 13,300 X 13300
OIL STATES INTL COMMON STOCK 678026105 1,452 20,300 X 20300
ORACLE COMMON STOCK 68389X105 1,143 34,301 X 34301
OLD REPUBLIC INTL COMMON STOCK 680223104 259 24,300 X 24300
OCCIDENTAL PETROLEUM COMMON STOCK 674599105 902 11,776 X 11776
VERIFONE SYSTEMS INC COMMON STOCK 92342Y109 855 28,800 X 28800
PROSPERITY BANCSHARE COMMON STOCK 743606105 307 7,300 X 7300
PEPSICO, INC. COMMON STOCK 713448108 931 13,600 X 13600
PFIZER INC. COMMON STOCK 717081103 690 27,520 X 27520
PROCTOR & GAMBLE COMMON STOCK 742718109 2,071 30,500 X 30500
POLARIS INDUSTRIES COMMON STOCK 731068102 421 5,000 X 5000
PACKAGING CORP OF AM COMMON STOCK 695156109 377 9,800 X 9800
PNC BANK CORPORATION COMMON STOCK 693475105 985 16,900 X 16900
PANERA BREAD CO COMMON STOCK 69840W108 445 2,800 X 2800
PPG INDS INC. COMMON STOCK 693506107 345 2,550 X 2550
PPL CORPORATION COMMON STOCK 69351T106 644 22,500 X 22500
PERRIGO COMPANY COMMON STOCK 714290103 515 4,950 X 4950
PHILLIPS 66 COMMON STOCK 718546104 241 4,537 X 4537
PVH CORP COMMON STOCK 693656100 799 7,200 X 7200
PLAINS EXPLORATION COMMON STOCK 726505100 610 13,000 X 13000
QUALCOMM INC COMMON STOCK 747525103 977 15,800 X 15800
REYNOLDS AMERICAN COMMON STOCK 761713106 323 7,800 X 7800
RACKSPACE HOSTING COMMON STOCK 750086100 557 7,500 X 7500
RENT-A-CENTER INC COMMON STOCK 76009N100 323 9,400 X 9400
EVEREST REINSURANCE COMMON STOCK G3223R108 583 5,300 X 5300
REGENERON PHARMACEUT COMMON STOCK 75886F107 599 3,500 X 3500
RF MICRO DEVICES INC COMMON STOCK 749941100 125 27,800 X 27800
.
REINSURANCE GROUP COMMON STOCK 759351604 583 10,900 X 10900
AMER INC
ROYAL GOLD INC COMMON STOCK 780287108 529 6,500 X 6500
RIO TINTO PLC COMMON STOCK 767204100 1,005 17,300 X 17300
RAYMOND JAMES FINANC COMMON STOCK 754730109 432 11,200 X 11200
IAL, INC.
ROCK-TENN CO COMMON STOCK 772739207 371 5,300 X 5300
RESMED INC. COMMON STOCK 761152107 466 11,200 X 11200
ROVI CORP COMMON STOCK 779376102 159 10,300 X 10300
RPM INTERNATIONAL COMMON STOCK 749685103 385 13,100 X 13100
INC
RELIANCE STEEL & ALU COMMON STOCK 759509102 466 7,500 X 7500
RAYTHEON CO COMMON STOCK 755111507 317 5,500 X 5500
RAYONIER INC COMMON STOCK 754907103 638 12,300 X 12300
SIGNATURE BANK COMMON STOCK 82669G104 335 4,700 X 4700
SERVICE CORP INTL COMMON STOCK 817565104 302 21,900 X 21900
SEI CORPORATION COMMON STOCK 784117103 462 19,800 X 19800
SMITHFIELD FOODS INC COMMON STOCK 832248108 293 13,600 X 13600
SHAW GROUP INC COMMON STOCK 820280105 317 6,800 X 6800
SILICON VALLEY BANCS COMMON STOCK 78486Q101 252 4,500 X 4500
HARES
JM SMUCKER CO COMMON STOCK 832696405 586 6,800 X 6800
SILICON LABORATORIES COMMON STOCK 826919102 288 6,900 X 6900
SL GREEN REALTY CORP COMMON STOCK 78440X101 682 8,900 X 8900
SILGAN HOLDINGS INC COMMON STOCK 827048109 204 4,900 X 4900
SOLERA HOLDINGS INC COMMON STOCK 83421A104 906 16,950 X 16950
SM ENERGY CO COMMON STOCK 78454L100 334 6,400 X 6400
SENIOR HOUSING PROP COMMON STOCK 81721M109 416 17,600 X 17600
SYNOPSYS, INC.* COMMON STOCK 871607107 586 18,400 X 18400
SUPERIOR ENERGY SERV COMMON STOCK 868157108 327 15,800 X 15800
SPX CORPCOM COMMON STOCK 784635104 358 5,100 X 5100
QUESTAR CORP COMMON STOCK 748356102 350 17,700 X 17700
SOLARWINDS INC COMMON STOCK 83416B109 210 4,000 X 4000
SKYWORKS SOLUTIONS I COMMON STOCK 83088M102 916 45,100 X 45100
STRYKER CORPORATION COMMON STOCK 863667101 625 11,400 X 11400
AT&T COMMON STOCK 00206R102 1,952 57,900 X 57900
TAUBMAN CENTERS INC COMMON STOCK 876664103 496 6,300 X 6300
TORONTO DOMINION COMMON STOCK 891160509 658 7,800 X 7800
TERADATA CORPORATION COMMON STOCK 88076W103 514 8,300 X 8300
TECH DATA CORPCOM COMMON STOCK 878237106 287 6,300 X 6300
Teva Pharmaceutical COMMON STOCK 881624209 1,284 34,400 X 34400
TRIUMPH GROUP INCCOM COMMON STOCK 896818101 327 5,000 X 5000
TARGET CORP. COMMON STOCK 87612E106 633 10,700 X 10700
THORATEC CORPORATION COMMON STOCK 885175307 338 9,000 X 9000
TIBCO SOFTWARE INC COMMON STOCK 88632Q103 345 15,700 X 15700
TJX COMPANIES, INC. COMMON STOCK 872540109 318 7,500 X 7500
TIMKEN CO COMMON STOCK 887389104 636 13,300 X 13300
TOLL BROTHERS, INC. COMMON STOCK 889478103 488 15,100 X 15100
Trimble Navigation COMMON STOCK 896239100 759 12,700 X 12700
TRINITY INDS INC COMMON STOCK 896522109 287 8,000 X 8000
ST PAUL TRAVELERS CO COMMON STOCK 89417E109 646 9,000 X 9000
TRW Automotive Holdi COMMON STOCK 87264S106 625 11,650 X 11650
ngs Co
TRACTOR SUPPLY CO COMMON STOCK 892356106 1,175 13,300 X 13300
TUPPERWARE BRANDS COMMON STOCK 899896104 654 10,200 X 10200
TOWERS WATSON & CO COMMON STOCK 891894107 326 5,800 X 5800
TW TELECOM INC COMMON STOCK 87311L104 382 15,000 X 15000
TIME WARNER INC COMMON STOCK 887317303 330 6,900 X 6900
UNDER ARMOUR INC COMMON STOCK 904311107 379 7,800 X 7800
UDR INCCOM COMMON STOCK 902653104 718 30,200 X 30200
DOMTAR CORP. COMMON STOCK 257559203 301 3,600 X 3600
UGI HOLDING CORPCOM COMMON STOCK 902681105 370 11,300 X 11300
UNIVERSAL HEALTH SVS COMMON STOCK 913903100 614 12,700 X 12700
UNITEDHEALTH GROUP I COMMON STOCK 91324P102 955 17,600 X 17600
UNIT CORP COMMON STOCK 909218109 252 5,600 X 5600
UPS COMMON STOCK 911312106 641 8,700 X 8700
UNITED RENTALS INC. COMMON STOCK 911363109 555 12,200 X 12200
URS CORPCM COMMON STOCK 903236107 554 14,100 X 14100
U.S. BANCORP COMMON STOCK 902973304 949 29,700 X 29700
UNITED THERAPEUTICS COMMON STOCK 91307C102 262 4,900 X 4900
UTI WORLDWIDE INC. COMMON STOCK G87210103 149 11,100 X 11100
UNITED TECHNOLOGIES COMMON STOCK 913017109 328 4,000 X 4000
CORPORATION
VISA INC COMMON STOCK 92826C839 652 4,300 X 4300
VALSPAR CORPORATION COMMON STOCK 920355104 530 8,500 X 8500
VISTEON CORP COMMON STOCK 92839U206 235 4,368 X 4368
VALERO ENERGY CORP COMMON STOCK 91913Y100 331 9,700 X 9700
VALMONT INDUSTRIES COMMON STOCK 920253101 328 2,400 X 2400
VODAFONE GROUP PLC COMMON STOCK 92857W209 848 33,665 X 33665
VERTEX PHARMA. COMMON STOCK 92532F100 603 14,400 X 14400
VECTREN CORPORATION COMMON STOCK 92240G101 244 8,300 X 8300
VERIZON COMM COMMON STOCK 92343V104 649 15,000 X 15000
WABTEC COMMON STOCK 929740108 543 6,200 X 6200
WEBSTER FINANCIAL COMMON STOCK 947890109 265 12,900 X 12900
WELLCARE HEALTH PLAN COMMON STOCK 94946T106 214 4,400 X 4400
WASTE CONNECTIONS COMMON STOCK 941053100 1,112 32,900 X 32900
WADDEL & REED FINANC COMMON STOCK 930059100 306 8,800 X 8800
IAL CLASS A
WELLS FARGO COMMON STOCK 949746101 984 28,800 X 28800
WASTE MANAGEMENT COMMON STOCK 94106L109 327 9,700 X 9700
WAL-MART COMMON STOCK 931142103 785 11,499 X 11499
WESTAR ENERGY INC COMMON STOCK 95709T100 363 12,700 X 12700
WR BERKLEY CORP COMMON STOCK 084423102 415 11,000 X 11000
WILLIAMS-SONOMA, INC COMMON STOCK 969904101 381 8,700 X 8700
.*
AQUA AMERICA INC. COMMON STOCK 03836W103 358 14,100 X 14100
WESTERN UNION COMMON STOCK 959802109 958 70,400 X 70400
WOODWARD INC. COMMON STOCK 980745103 355 9,300 X 9300
WEX Inc. COMMON STOCK 96208T104 659 8,750 X 8750
CIMAREX ENERGY CO COMMON STOCK 171798101 491 8,500 X 8500
EXXON MOBIL CORP. COMMON STOCK 30231G102 2,657 30,703 X 30703
ALLEGHANY CORP COMMON STOCK 017175100 268 800 X 800
ZEBRA TECHNOLOGIES COMMON STOCK 989207105 267 6,800 X 6800
GRAND TOTAL: 192,351
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