Holding Performance

1%-0% 2%-1% 3%-2% 4%-3% 5%-4% 6%-5%

Top 25 Holdings	Portfolio Weight %	Shares Owned	Shares Change	Mkt Cap (Mil)	Total Ret YTD (Daily)
Teleflex Inc.	2.93	1,100,000	-75,000	78.44	13.73
Patterson-UTI Energy, Inc.	2.88	4,150,000	50,000	77.31	23.30
Unit Corporation	2.81	1,675,000	0	75.46	4.37
Granite Construction Inc.	2.71	2,158,500	0	72.57	-6.84
Omnicare Inc	2.69	2,000,000	0	72.20	28.45
Olin Corporation	2.62	3,250,000	0	70.17	17.79
Steris Corporation	2.40	1,850,000	0	64.25	33.98
Analogic Corporation	2.36	850,000	0	63.16	10.97
Worthington Industries	2.23	2,300,000	-125,000	59.78	32.09
Kaiser Aluminum Corporation	2.19	950,000	0	58.61	5.14
GATX Corp	2.18	1,350,000	0	58.46	25.03
Con-way Inc	2.18	2,100,000	25,000	58.42	36.84
Stone Energy Corporation	2.07	2,700,000	125,000	55.40	13.60
Carbo Ceramics, Inc.	1.90	650,000	75,000	50.92	-10.17
Regis Corporation	1.89	3,000,000	675,000	50.76	10.82
Conmed Corporation	1.88	1,800,000	0	50.31	20.18
Associated Banc-Corp	1.84	3,750,000	-75,000	49.20	18.45
Materion Corp	1.83	1,900,000	-25,000	48.98	10.61
Old National Bancorp	1.83	4,125,000	0	48.96	13.06
Invacare Corporation	1.82	3,000,000	0	48.90	-10.52
Encore Wire Corporation	1.75	1,550,000	0	46.98	17.78
Federal Signal Corp	1.75	6,150,000	65,963	46.80	17.21
Meredith Corporation	1.73	1,350,000	0	46.51	25.13
Umpqua Holdings Corporation	1.59	3,625,000	0	42.74	15.44
Universal Forest Products Inc.	1.56	1,100,000	139,651	41.84	1.79