| D.R. Horton, Inc. CMN(DHI) | COM | 23331A109 | $2.6M | 133,100 | 40.7% |
| Cisco Systems, Inc. CMN(CSCO) | COM | 17275R102 | $1.7M | 70,633 | 26.0% |
| The Bancorp Inc CMN(TBBK) | COM | 05969A105 | $1.2M | 69,083 | 19.2% |
| Arrow Electronics Inc. CMN(ARW) | COM | 042735100 | $360.0K | 7,426 | 5.7% |
| Spdr S&P 500 ETF Trust(SPY) | ETF | 78462F103 | $245.3K | 1,460,291 | 3.9% |
| Vanguard Index FDS S&P 500 ETF | ETF | 922908413 | $104.2K | 1,353,823 | 1.6% |
| Vanguard Specialized Portfolio Vanguard Dividend Appreciation Mutual Fund CL ETF SER Vipers(VIG) | ETF | 921908844 | $18.8K | 270,756 | 0.3% |
| Bank of America Corp CMN(BAC) | COM | 060505104 | $12.7K | 918,406 | 0.2% |
| American Intl Group, Inc. CMN(AIG) | COM | 026874784 | $9.0K | 185,000 | 0.1% |
| Xilinx Incorporated CMN(XLNXEUR) | COM | 983919101 | $8.8K | 188,000 | 0.1% |
| Blackstone Group L.P. (the) CMN(BXUSD) | COM | 09253U108 | $8.0K | 319,687 | 0.1% |
| Goldman Sachs Group, Inc.(the) CMN(GS) | COM | 38141G104 | $7.5K | 47,625 | 0.1% |
| Chevron Corporation CMN(CVX) | COM | 166764100 | $7.2K | 58,900 | 0.1% |
| Berkshire Hathaway Inc Cl-A (del) Class A(BRK/A) | COM | 084670108 | $6.3K | 37 | 0.1% |
| United Parcel Service, Inc. Class B Common Stock(UPS) | COM | 911312106 | $6.2K | 68,091 | 0.1% |
| JPMorgan Chase & Co CMN(JPM) | COM | 46625H100 | $6.2K | 119,100 | 0.1% |
| Kroger Company CMN(KR) | COM | 501044101 | $6.1K | 150,000 | 0.1% |
| Applied Materials Inc CMN(AMAT) | COM | 038222105 | $5.3K | 303,000 | 0.1% |
| Morgan Stanley CMN(MS) | COM | 617446448 | $5.2K | 193,700 | 0.1% |
| Philip Morris Intl Inc CMN(PM) | COM | 718172109 | $5.2K | 60,000 | 0.1% |
| Charles Schwab Corporation CMN(SCHW) | COM | 808513105 | $5.0K | 236,300 | 0.1% |
| Old Republic Intl Corp CMN(ORI) | COM | 680223104 | $4.8K | 314,600 | 0.1% |
| Murphy Oil Corporation CMN(MUR) | COM | 626717102 | $4.2K | 70,000 | 0.1% |
| Fortress Investment Group LLC CMN Class A | COM | 34958B106 | $4.2K | 530,885 | 0.1% |
| Accenture PLC CMN(ACN) | COM | G1151C101 | $3.7K | 50,000 | 0.1% |
| Ford Motor Company CMN(F) | COM | 345370860 | $3.6K | 215,000 | 0.1% |
| Amerisourcebergen Corporation CMN(COR) | COM | 03073E105 | $3.4K | 55,000 | 0.1% |
| Ishares Msci Japan ETF | ETF | 464286848 | $3.0K | 248,100 | 0.0% |
| TJX Companies Inc (New) CMN(TJX) | COM | 872540109 | $2.8K | 50,000 | 0.0% |
| Toll Brothers, Inc. CMN(TOL) | COM | 889478103 | $2.7K | 83,800 | 0.0% |
| ING America Insurance Holdings*, Inc. CMN | COM | 45685E106 | $2.3K | 79,000 | 0.0% |
| Insperity Inc CMN(NSP) | COM | 45778Q107 | $2.3K | 60,329 | 0.0% |
| E Z Corp Inc Cl-A NON VTG CMN Class A(EZPW) | COM | 302301106 | $2.1K | 125,671 | 0.0% |
| Trueblue, Inc. CMN(TBI) | COM | 89785X101 | $1.9K | 78,018 | 0.0% |
| ARC Document Solutions Inc CMN | COM | 00191G103 | $1.8K | 391,807 | 0.0% |
| United Insurance Holdings Corp CMN(ACIC) | COM | 910710102 | $1.8K | 200,000 | 0.0% |
| Firstmerit Corp CMN | COM | 337915102 | $1.7K | 79,791 | 0.0% |
| Cowen Group, Inc. CMN | COM | 223622101 | $1.7K | 500,000 | 0.0% |
| Lazard LTD CMN Class A(LAZ) | COM | G54050102 | $1.4K | 39,806 | 0.0% |
| Banc of California Inc CMN(BANC) | COM | 05990K106 | $1.4K | 100,000 | 0.0% |
| Ebay Inc. CMN(EBAY) | COM | 278642103 | $1.3K | 22,600 | 0.0% |
| GAP Inc CMN(GAP) | COM | 364760108 | $1.2K | 30,000 | 0.0% |
| CIT Group Inc. CMN Class(CITUSD) | COM | 125581801 | $1.2K | 24,600 | 0.0% |
| First Finl Bancorp CMN(FFBC) | COM | 320209109 | $1.2K | 77,161 | 0.0% |
| CVS Caremark Corporation CMN(CVS) | COM | 126650100 | $1.1K | 20,000 | 0.0% |
| Pacific Premier Bancorp CMN(LF2) | COM | 69478X105 | $1.1K | 81,391 | 0.0% |
| Interactive Brokers Group, Inc*. CMN(IBKR) | COM | 45841N107 | $941 | 50,142 | 0.0% |
| Occidental Petroleum Corp CMN(OXY) | COM | 674599105 | $935 | 10,000 | 0.0% |
| American Eagle Outfitters Inc (New)(AEO) | COM | 02553E106 | $840 | 60,019 | 0.0% |
| Ciber Inc CMN | COM | 17163B102 | $785 | 237,814 | 0.0% |